PBD Podcast - China vs Trump: 90-Day Tariff Pause TRIGGERS Retaliation w/ Benny Johnson | PBD Podcast | Ep. 575

Episode Date: April 10, 2025

Political commentator Benny Johnson joins Patrick Bet-David, Tom Ellsworth, Vincent Oshana, and Adam Sosnick to discuss Trump’s pause on tariffs and proposed 125% tariffs on China, Kevin O’Leary��s bold call for 400% tariffs, Jamie Dimon’s latest U.S. recession prediction, and Anderson Cooper trending for misgendering a civil rights attorney on air.------🧢 THE LIMITED EDITION FUTURE LOOKS BRIGHT HAT: https://bit.ly/4joyOab👕 GET THE LATEST VT MERCH: ⁠https://bit.ly/3BZbD6l⁠📕 PBD'S BOOK "THE ACADEMY": ⁠https://bit.ly/41rtEV4⁠📰 VTNEWS.AI: ⁠⁠⁠⁠https://bit.ly/3OExClZ⁠🎙️ FOLLOW THE PODCAST ON SPOTIFY: ⁠⁠⁠https://bit.ly/4g57zR2⁠🎙️ FOLLOW THE PODCAST ON ITUNES: ⁠⁠⁠https://bit.ly/4g1bXAh⁠🎙️ FOLLOW THE PODCAST ON ALL PLATFORMS: ⁠https://bit.ly/4eXQl6A⁠📱 CONNECT ON MINNECT: ⁠⁠⁠https://bit.ly/4ikyEkC⁠👔 BET-DAVID CONSULTING: ⁠⁠⁠https://bit.ly/3ZjWhB7⁠🎓 VALUETAINMENT UNIVERSITY: ⁠⁠⁠https://bit.ly/3BfA5Qw⁠📺 JOIN THE CHANNEL: ⁠⁠⁠⁠https://bit.ly/4g5C6Or⁠💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time!ABOUT US:Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Okay, so home team episode 575 with the one and only Benny Johnson in the house. What's going on guys? All right, so by the way, Benny, we just want to make sure, I know sometimes people are recording stuff like this. Benny jumped the fence to come here today. Yes he did. Like literally. I did.

He jumped the fence, he landed on a plane and then didn't want to wait till the airport opened the doors, he jumped the fence to come here today. Like literally. I did. He jumped the fence, he landed on a plane, and then didn't want to wait till the airport opened the doors. He jumped the fence, came in, but he did it legally. Yeah, but security came and was like, do you know the, we're like, yo no se Benny, he just, yeah. Dole esta tom homen, Benny, tapping. Actually, he was in a plane,

on a plane would have been even more spectacular. Yes. I'm gonna learn, I mean, I'm gonna learn. I think I want the deportation experience. You can get a free trip to Venezuela. You can get a free trip to El Salvador. Yeah. This is a very cheap way to take a vacation.

That's four months ago. You would have had. Now there's this guy that doesn't like that kind of stuff. He doesn't wanna send you to, you know, he's not, so we're gonna see what's gonna happen. But everybody said they were impressed by the way you jumped the fence. And they said it didn't look like it was your first.

So whatever that is, I mean, maybe there's a history to it. I just wanna say, and I came all the way here to say this, that I am thankful that I'm not wearing my Ron DeSantis Ferragamos today. That is my favorite PBD moment. If I want some motivation in the morning, I watch it. And I think, okay, if PBD offered me a pair of Ferragomas, what would I do?

I'm wearing New Balances today. But what happened there was so viral and so special, and the heels, did we ever get to the bottom of that? Are there heels in the boots? But I'm not. Do we know, do we have forensics of this? Did anybody ever decide? What do they call it?

Boot gate. Boot gate. Boot gate ended up being called, it was all over the place. But all we had to do was either receive it or have some fun with it. That's all you have to do. All you have to do is when Jimmy Fallon said, Hey, your hair is whatever. And he said, here, touch it. I got to go to Rhode Island. Yeah. That's all. It was that kind of a moment we were hoping to have, but it didn't happen. And Rob still has the picture. But it was boost. For what it's worth, we have to say this, this is the very important disclaimer, we came here for his policies.

And we're here because he's a phenomenal governor. I only had one issue with him. All he had to do was call Trump before he ran and gone to Mar-a-Lago. That's the only thing. If you didn't do that, it would've been a different story, but we'll see what's going to happen.

By the way, you may have his wife as a governor here soon, so it's either going to be her or Byron Donald. So this may be like DeSantis for eight more years. So brace for impact. What do you think about that? What do you think about that? Because a lot of people are like, wait a second, we don't know Casey DeSantis. We think it's an hepatistic.

Does she have the qualifications to be governor? It'd just be Ron running everything behind the scenes anyway, which I think some people would be okay with. I'm team Byron. I like Byron. Right. Byron's my boy. I've worked with him before.

He's been on the show all day. He's ready to go. He's a new generation. But I understand people like the DeSantis governorship and policies here. This is one of the reasons why I moved my business and family to Florida actually. And so.

You moved here from where? Washington DC. How long ago? Four years ago. Same here, we moved from Texas to here. And we love it, so you probably love it as well on the Tampa side. Yes.

Yeah, so to me, if you're asking a question about what I think, we went to the governor's mansion in whatever, Tallahassee. Probably two years ago, right before he announced. In a small setting with 15 people in the room and she was so impressive. I cannot tell you how impressive she is. So as much as, you know, Ron is not comfortable,

like he's not, you know, there's guys that are such great operators, but they're just not good with people. They're not comfortable, right? That's not his MO. You're not going to sit there and say, this is the guy that's going to land a speech from stage and people are going to run out wanting to run through the wall for the guy. It's not going to happen.

But he's a very good operator, very, and he's a fighter. Casey is presentable, very well spoken, similar policies to her husband, I would assume. What is she going to campaign on? Well, there's one thing I disagree with, the previous governor here in this state, I would have done this much better. That's not gonna work out, right? So it's literally.

I told him the other night in the domestic and he slept in the garage. Yeah, I kicked his ass out. So then the other side with Byron, what I love the most, I love competition. I love competition. So the more the Byron the Casey I hope a handful of other people get into it the more competition we have the better

It's gonna be specifically on the conservative side the biggest highlight. There's a lot of talent there That's that's why the future looks bright with the state of Florida. We got to keep it that way Let me go through some of the stories and we'll get right into the podcast So a couple things with terrorists lots been changing a. EU came out and said, we're going to approve new retaliatory tariffs on the U.S. And then this morning, they're changing their position at 7 or 5 a.m. based on what Tom just told me right now. So there's a lot of updates with tariffs. We're going to give you a whole timeline.

New York Times had a great article giving the specific timeline of what's happened on, off, on, off to just kind of track it for some of you guys that actually have a life and you're doing other things, you have a job, career, your kids. We'll give you the timeline so you kind of know what's going on there. Kramer shares four lessons from the Trump tariff turmoil. Let's see how good these lessons are. And then, you know, here's which grocery store's items will get more expensive because of tariffs. Canada spectacularly bended the knee to the US as Trump scores major victory over the 51st state.

And then Fox host fumes about media focusing on economic pain of Trump's tariffs, it's mind boggling. I'm not surprised, but we'll talk about it. Trump declares he would absolutely bomb Iran if it refuses to give up its bid for nuclear weapons. Dow goes up 2,900 yesterday. I think it was the third largest day in the history of the market for the Dow. And SMB Post, the biggest gain since 08.

For some of you guys that follow sports, something happened. This coach named Michael Malone, who's actually a pretty good coach, won the championship, all of a sudden gets fired. Some are saying it was Westbrook's fault. Some are saying it was, you know, a bunch of stories there. We may have some kind of story all the way at the end. We'll talk about that. Trump assassination attempt suspect,

Ryan Routh sought rocket launcher from Ukraine. You read a story like this. So what'd you do this weekend? I tried to buy rocket launcher. You know, I went to Walmart, they didn't have it. So I went to Ukraine. They seemed to have a discount at their. Did they report it?

Did they report it to the? I don't know if they did or not. Florida State approves a ban on geo engineering and weather Modification Ben Shapiro says Peter Navarro should be nowhere near Trade policy CIA probed photo of Hitler in Colombia years after the war and on on the addendum Anderson Cooper out of all people folks folks, and Benny, you know this. How dare he misgender someone.

I almost broke the TV. I couldn't believe it. He misgendered someone. What did he do? The fact that he doesn't know that she wanted to be called they them. It's a big disappointment for CNN. I mean, they missed their opportunity. Can she sue them?

You shouldn't have hired a Vanderbilt. I'm telling you, those people. Trump announces 90-day pause on reciprocal. We'll talk about that. Nasdaq soars. We'll talk about Kevin O'Leary says 400% is what he wants. Mr. B says it's cheaper now and it'll be way cheaper to make feastables, chocolates outside of the U.S. because of Trump's tariffs. Apple is racing to fly planes of iPhones into the U.S. before ahead of the tariffs. The stock market will go down 80% when this is over, says bearish investor Mark Spichnagel. I screwed that one up. Yes, Chinese launches racist humiliation campaign mocking Trump's tariffs.

Wall Street to cut China's growth forecast and then there's a few other stories. Jamie Dimon says we're gonna go into recession Larry thinks got a few things to say and in Panama files criminal charges against Chinese linked canal port owner For breach of contract. I love that story. We'll talk about that now today Rob, can you do me a favor go to eBay? Let me tell you how crazy our audience is We want to have a million people were in the future looks bright gear so this is some of you that buy Future Looks Bright gear and they're numbered ones. And some of you that go and put it on eBay.

Look at this, 400 bucks, one out of 50, 199. That's me on the left. The great one. Who's, can you go to the user one? Hat number one. Rob, 10 grand. Is that one out of 250? Yes.

But he got the one out of 250? That's good for him. What's the user's name? Can we see? What is the user's name? Can we see what is the user's name? Rob garjula Okay, go back zone interesting tank rain go back one Rob to see what else is up there I've done in so many go back if you can Rob. Okay, they go lower So that's another one number another one the 45 47 number keep going lower

More of them number that are thousand. Oh, that's a 43 out of 50. Okay, so here's what we're doing today. This one took us a while to get and I'll explain to you why. This is the box, value Taman, if you ordered this hat, when you open it up, the box right there, you see the future looks bright in gold and then there's a card in there from me to you. And this hat took a while to make for one specific reason.

So this is a numbered at a 250, okay? And this says Future Looks Bright and all of it is embroidered. This is not like a wing job. All of it says Future Looks bright, all around the hat, black sick hat that just got launched this morning, numbered out at 250, at 99, first come first serve. Just so you know, you know how this works. These go like hotcakes. In no time, this goes.

So within 30 minutes, this will be gone. But if you're one of the people that collects these numbered hats we will not be doing this one again Specifically with this color black and white future looks bright numbered out of one out of 250 go to VT merge calm place your order By the way, look at this Vinny even down here like the way it is I would like if I bought one right now, so somebody's gonna get the number one right now Someone's good whoever order someone's got it first So but anyways that'll be in the box with the box the whole night. Now when we get the shipments with Future Look's Pride, you know what's coming in this

to know that it's coming strictly from us. Go to vteamers.com, place your order. Okay, with that being said, let's get right into the stories of what's going on today with tariffs. Let me give you the timeline of what's going on with tariffs. Tom, I'm going to come to you, then Benny, I'll come to you next. Alright, so timeline on tariffs. January 20th, hours before being sworn in, Trump announced 25% tariffs on Canada and

Mexico starting February 1st. January 26th, he announced immediate 25% tariffs on all goods from Colombia, rise to 50% in a week. After Colombia turned back deportation planes. Colombia agreed to all of the President's terms within hours. February 1st, then Trump signed an executive order imposing 25% tariffs on nearly all goods from Canada and Mexico and 10% on China, citing fentanyl smuggling and illegal immigration. Canada and Mexico planned retaliation.

China threatened countermeasures. The second, facing criticism, Trump acknowledged on social media becoming an economic downside saying will there be some pain? Yes. Maybe, maybe not. The third, he paused the tariffs on Mexico and Canada for 30 days while threatening new tariffs. On the fourth, 10% tariffs on Chinese imports took effect.

China retaliated with additional tariffs on products. Seventh, he planned to broaden his trade war with reciprocal tariffs. Tenth, another 25% on foreign steel and aluminum reviving a first-term policy. 13. Outlined broad reciprocal tariffs. 14. Confirmed plans to unspecify tariffs on foreign cars starting April 2nd. 25. Executive order tasked on Commerce Secretary Lutnick with investigating its foreign copper production. This kept going, going, going. Then it went to 13th of March, citing EU's planned 50% tariffs on whiskey.

Mr. Trump proposed a 200% tariff on EU's wines. 24th, he set a 25% tariff. Effective second, all exports from US counting buying Venezuela oil. 26th, 20% tariff on all cars and car parts shipped into US including American brands. 29th said he couldn't care less if car prices rose due to his tariffs. Obviously they're not telling the whole story. Then 31st, Trump declared no exemptions for tariffs starting April 2nd. 10% tariff on the 2nd hit all nations across the board. Then the 4th, China's finance ministry imposed a 34% tariff on all imports Trump planned a 34% tariffs on China and barred 11 US companies.

Then on the fifth, 45-day delay with Vietnam because they were the first to come out. Then Bangladesh on the seventh saw a three-month reprieve from US tariffs. All of this is going on and in the interim, EU comes out saying we're gonna have retaliatory tariffs and then this morning Tom Specific to EU. Can you give us an update what they just did this morning? Yeah, there she is now the prime ministers and the presidents in Europe They want to go out with populist anti-trump messaging and they want to go scream and pound their fist So they send her out who's the president of the EU Commission, Ursula van der Leyen, and she's the mouthpiece for the economic Europe.

And so she comes out at 7.05 today, we are pausing on our retaliatory tariffs. And it's because Europe was looking over at China and seeing Trump says, I'll see your 75 and I'll raise you 100. And they don't wanna play that poker game. And so Europe has come back and said, we'd like to negotiate and we're going to pause our retaliatory tariffs.

She was the one also said three days ago, Europe recognizes a good deal when we see it. And we want a good deal. And if anybody saw her comments. So that's what's going on with her. Why is everyone so surprised? Why is everyone so surprised? Trump ran on tariffs and said two things.

I'm gonna get fairness back for America. There's tariffs out there that we don't know about. And I want fairness and I wanna bring jobs and manufacturing back to America. I'm running on tariffs, it's the most beautiful word. So why is everybody so surprised? Why is the timeline here for New York Times? Why is this timeline?

Because it's a negotiation. Negotiations go back and forth, back and forth. Want to learn about negotiation? Come to the vault, you know. Come see us. PBD talks about negotiation. Negotiation is not, hi how you doing? How about six? Yeah, okay, alright, bye. That's not how negotiation works. It goes back and forth. On an international stage, people are playing to their home audience, playing to their parliliaments playing to a lot of things and it goes back And forth is this the tweet Rob? Yes, this came out at 2 19 a.m. Our time this morning. Oh, so that would be yes So that's that's I welcome president Trump's announcement to pause reciprocal tariffs. It's an important step clear predictable

Conditions are essential and trade supply chains tariffs are taxes that only hurt business and consumers That's why I've consistently advocated for zero for zero tariff agreement. That's good. EU remains committed to its conservation. Because at the same time, Europe continues to focus on diversifying trade policy, engaging with countries that account for 87%

of our global trades. You know what she's saying. We're not, what does 87 mean? That means US is 13. That's what she's saying there. So global trade and insurance commitment to open exchange goods finally We are stepping our work for little berries of entrepreneurs this crisis has made one thing clear in times of uncertainty The single market is our anchor of stability and resilience

My team and I will continue to work day and night to protect European consumers workers and businesses together Europeans will emerge stronger from this crisis penny thoughts so Europeans will emerge stronger from this crisis. Benny, thoughts? So if she says zero for zero tariffs, why do they have a 30% tariff on American vehicles? Why is that you can go to Europe, which I'm sure everybody has done here? Have you ever seen a Ford truck in Europe? Zero. Have you seen a single American car in Europe? Nope. Have you ever seen a dealership in Europe for Chevy? No. GMC? That doesn't exist. So she's lying.

Also, she puts out the tweet at 2 a.m., which is absurd, and nobody's gonna see that. Like, learn the time zones. If you're speaking to Trump, which is what this is all about, and saying, yes, we agree that you're in control and you're in control of the entire global economy and we're going to try and do everything

that we possibly can to keep access to the American market because the only innovation that Europe has brought has been in the last 30 years has been a little piece of plastic that keeps the tab on your water bottles. Have you guys seen that? That's the single European innovation. While every AI company is here and every single innovative company on planet Earth, while we're able to catch spaceships with chopsticks, Europe has added a piece of plastic that stabs you in the eye every time you try and drink out of their stupid water bottle.

But they patented whining. By the way, you got me. That's what this sounds like. A patent of a wine. This is why people like Trump. People like Trump because he's dad. All right. Our home.

I look at it as a metaphor of a house. Our proverbial house where we live, our country has not only been a house that has been abused by all of our neighbors, they literally walk onto our property and steal from us. They take our doorknobs, they take our light bulbs, they actually take things from our home. Our children live here. We have a horrible deal with the bank. We're horribly in debt on our house.

We need somebody to renegotiate for us. And more importantly, we need somebody to sit in a rocking chair with a shotgun outside to say, you're not going to be stealing from our home anymore. Daddy's home. And that's what Donald Trump is. And that's what these tariffs are. He's sitting there with a polished 12 gauge out front with a cigarette or a Zin-In or whatever, you know, an Alpen.

And he's saying, you're not going to steal from us any longer. And if you do, there's going to be horrible consequences. He's resetting the neighborhood. And that's what's happening here. Europe has taken total advantage of us. There's a great chart. I don't have it on hand, but there's a great chart about the value of companies that were created in Europe over the last 70 years versus the value of American companies that were

startups. And there is zero innovation. Europe has to depend on the American economy. They are dependent on us for their military, for their economics, for their innovation, and quite frankly for the social welfare programs that they love to invest in. And Donald Trump is simply saying, there it is, perfect office. Awesome. Look at that. Look at how humiliating. So that's leverage. PBD. Pat, PBD.D is that in business who has the leverage here? Yeah, so that's public from scratch us and you companies less than 50 year old with 10 billion dollar market cap

We do right obviously it's not even close there So what I did when you said this because you got me thinking I lived in Germany for two years And I wanted to know was there any US cars Rob. Can you actually? Search how many dealerships are there, like just type in ChadGBT, how many Ford dealerships are there in Europe? I'm actually really curious, because you got me thinking now.

I've never even looked at this data before. How many Ford dealerships are there in Europe? Ba, ba, ba, ba, ba. Let's see this number here, Benny. Let's see this number here, Benny. Okay. So they got 3,100 dealerships in Europe. Okay, so then here's what I would want to know. Because to me, as much as EU is something we're looking at, I want to know my number

one person in this whole thing taking place is not EU. Because EU allows social media communication. EU allows our stuff to be there. China is my number one. Can you type in Rob, how many Ford vehicles were sold in Europe? How many Ford vehicles were sold in Europe? Okay, so let's see if EU is the enemy or not because I think China's on that list. Let's see this one here.

So Ford sold roughly 426,000 units reflecting 17% decline in 2023. The decrease reduced for market share in 2017 at 3.3. Decline is due to a discontinuation of popular models like the Fiesta and Focus. Okay, so now let's go look at how many BMWs Europe sells in the US. How many BMWs Europe sells in the US? Okay, so if we see this now because it validates how great of a customer we are, so go to, there you go, 371,000 they sell in the US, making a 2.5% increase. Those are the models that's typing Mercedes as well.

Volkswagen. Okay, typing the same exact question, Mercedes. Yeah, let's see, Mercedes. And then let's look at this here. Let's look at this here, 23,000. Okay, so about the same exact number, 374,000 is what they sold. What is the total population in EU? Total population in EU.

Tom, do you have an idea? I thought we were about, so we're 350 and depending on where you draw the line when you get to Poland and Ukraine, C449. So they got a hundred million more. So for a hundred million more, what we're selling to them, what they're selling to us, the products that they have, I don't know if to me, everything that they're doing right now, this is going to sound very weird. Out of all these tariffs that he's doing, he's putting down. It's really, sometimes, unfortunately,

you have a team of 100 sales guys, and you have one guy that's the guy that's the biggest pain on the butt for the company to advance. But sometimes you shake things up in a company with a policy to wake this one person up, and then for everybody to get a line on the same page and then for that person to come in say, you know what, I agree with what you're saying. I think this one person is who? It's China.

You understand what I'm saying? So the whole, China's the one here. They're doing all of this stuff strictly for China. Don't you think, Tom? Like all of this stuff is purely for one enemy. Absolutely. If you want to talk about cars, EU got caught with its pants down because it was kissing up and being nice to BYD because that's the Chinese EVs. And guess what they found out? That they were putting a factory in Hungary and they were hyper-subsidizing it and getting ready to destroy Renault and Nissan, which are partners, in the EU with the pricing of their EVs. So EU suddenly is now investigating BYD for basically hyper-subsidizing it and all of this goodness for China they're doing, it's biting them. It's absolutely biting them. You can look it up. There you got this BYD Hungary and

then EU investigation. This is significant. And they're like, wait, and then EU investigation. This is significant. And they're like, wait, what? What are you doing? Yeah, it happened right under your nose. You're so correct. This is all about China and what they're doing everywhere. And Europe let them in the door, wasn't tough with them the way we're being now.

And now look, see, they get stabbed right in the back. So then Trump comes out, says 84% tariffs. I'm sorry, China says 84% tariffs on US goods then Trump comes back and says 125% tariffs on US goods and a 90-day break on tariff negotiation for the 75 so countries that were you know working and willing and wanting to do stuff so that phone call said we'll talk that's right we'll talk is this it right. We'll talk. Is this it Rob?

This is Caroline Levitt announcing that yesterday. Go for it. Play this clip. The tariff on China will now go up to 125% because China imprudently decided to retaliate against the United States. And as I said at the podium yesterday, when you punch at the United States of America, President Trump is going to punch back harder. In that same vein, we have had more than 75 countries

from around the world reach out to President Trump and his team here at the White House to negotiate better trade deals for the American worker. We have been overwhelmed with the amount of requests from countries around the world. I'll let the secretary speak to that. We will continue with the tailor-made negotiations that I spoke about yesterday.

In the meantime, there will be a 90-day pause on the reciprocal tariffs as these negotiations are ongoing, and the tariff level will be brought down to a universal 10% tariff. The Secretary here has been a huge part of the President's trade team, of course, and will continue to lead these negotiations moving forward to look out for the American worker, which is always President Trump's goal. So I'll kick it over to our great Treasury Secretary, Scott Besson. Okay, so that announcement alone, Rob, caused the market to go up 2,900 yesterday. If you look at the stock market right now, it's down 9.35.

Is where Dow is right now. If you look at the Dow right now, it's 9.35. Adam, where are you at with this? With the announcement yesterday that they put a pause and then today, Mark is down a thou, specifically the thou. What are your thoughts on this? Am I the only one that is so confused of what's even going on right now?

Everyone, like I'm in group text messages with my friends. One does business in China, he's freaking out. Another one's a financial advisor. Another one's a mag extremist. And I'm just watching the chaos ensue. And nobody knows what's going on. I was watching the the office recently. Do you remember that you guys watch the office? Yeah. So do you remember like one of the most famous episodes was the fire alarm episode? Okay, so Dwight Schrute, like casually starts a fire. Michael Scott, who's basically Trump of the office, just yeah, and just okay, it's happening. Everyone for themselves. Everyone's freaking out. A lady

tries to go through the roof, throws her cat through the roof. Fat guy takes a chair, throws it to the vending machine. He's still in on the food. The black guy just literally faints, almost dies. All this chaos, smoke, craziness, everyone. Then he, all of a sudden, Dwight blows the fire alarm goes, yeah, just kidding guys. This was all just a test. This was all a test to see how everyone reacts. And that's what I feel is going on right now. Trump through all this chaos to the marketplace. And then yesterday after the market's getting pummeled, pummeled, pummeled, pulls the alarm. All right.

No, no reciprocal tariffs. Everything's off. All the tests 10% across the board market comes back and has its best day in decades possibly ever. And I'm just looking at like what kind of chaos candidate is happening. I think I feel like I'm living in the office right now. So anyone out there who can basically say, Oh, I know exactly what's going on right now. Nobody knows. Nobody knows Trump.

What are the chances that Trump actually planned on basically like, nah, my bad, reverse the tariffs. You think that was his plan all along? I'm trying to keep up. I feel like we're all trying to keep up. What I do know is this, something needed to be done about China. Something needed to be done. So to sit back and just take it on the chin, they're stealing our stuff, all our IP, they're

playing, not playing by the rules. You're seeing these clips come out. This is like video never lies. Chuck Schumer is giving speeches. We got to deal with China 20 years ago. All of a sudden he's reversed course on that. So everything's kind of playing out. Chaos is ensuing as Pat always says, brace for impact, stack cash in the meantime.

I'm not in the finance world that to turf terrorists. I don't know what, listen, all I know is it's been less than, how many months has Trump been in? Two months? Three months. Almost three months? Let him cook, let him do what the hell he's gonna do. It drives me crazy to people that act like they know what's going on.

People like one of my friends like, dude, did you hear about the, what the hell did you do? We're simple, bro, you have no idea what that word even means. You live with your mother. Shut the hell up. I'm being dead serious. Let him do what he's gonna do. And I've said this analogy before.

The country has had a dislocated shoulder. Trump came in, pulled his shoulder back. Everybody relax. It's gonna be sore for a little while. It's gonna be a little up and down. But Pat, you made a great point. It's China. At the end of the day, I'm not even gonna get into the list of all the crap that they've been doing stealing COVID you name it. That's

the that's the enemy. He knows who it is. And this time he has the ammunition he has he doesn't have Russia collusion or all this crap happening behind him. He's focused he knows what he's doing people need to relax and just let his ass cook. Let me let me just respond with one thing. For those of us that are out there just rooting against Trump and rooting against the tariffs, you're not being patriotic. You're actually just against American workers and American companies and genuinely America. Like you're not, if you're like, I want this to fail. You're not exactly very patriotic. The same time, if you're just sort of blindly following Trump, he can

do no wrong. Don't question anything. You're also kind of not patriotic. You're just drinking the Kool-Aid. So I think it's totally fair to criticize, to critique, but also root for victory here. Because again, there's chaos ensuing right now. I don't know. I mean, Pat, I would love to hear what you have to say. Is there an actual plan here? Because the plan just kind of keeps shifting. I think the general idea of what he's doing makes sense, but the actual implementation is causing chaos in the marketplace. I think you're looking at it in a very different way. Let me let me give you my perspective. So Kramer actually has got an interesting point here CNBC

Four lessons he's sharing from Trump's turmoil. Nobody ever made a dime panicking Bulls make money bears make money pigs get slaughtered The president likes drama you won't get certainty and don't bet against good companies. Let's go to number three How many years of watching Trump do we have so far? Uh, decades, 50? 50 years of watching Trump? 50. What do we know about his resume? So this would be my point. This would be my point to all this like, it's chaos, we didn't know, oh my God, fire drill. Uh, yeah, I've been paying attention because Dwight's been trying to set the fire for 50 years. Dwight's been sitting there with his cigarette because he lights it with a cigarette. He's been sitting there for 50 years lighting that cigarette, putting it in the trash.

Donald Trump, you can go back to the 70s. Donald Trump's sitting there in his earliest interviews, the guys maybe 20s, late 20s, and he's sitting there and he's going these companies, they're ripping us off. It's terrible and we got to do something about it and we should put up tariffs and they're just, they're abusing us. We played clip after clip after clip You can find so many of them one's great one with Roger Ailes So the one of the first Fox News interviews was Donald Trump and Roger Ailes and they're sitting here in this like golf course And Trump's just going off in 1995 And he's just going off on Japan at the time because China wasn't in the World Trade Organization

But it was it was Japan at the time. They're ripping us off and he's talking about Japanese vehicles. Why are we so weak? Why are we such pussies? And why can't we tear Japanese vehicles back? And all you have to do is then reapply that to China entering the World Trade Organization that has rules. There's rules.

We let them into the WTO. They've never followed the rules. They've only ever stolen IPs. If you have buddies that do business in China, every one of them will tell you that the number one thing that will happen if you bring an innovation to China and manufacture there is a hundred different version of your product will pop up on Tmoo and Amazon the next day. They'll steal it. They'll rip you off and you have no grounds in Chinese courts to file for patents. You're screwed. You're completely F'd as an American innovator. They are thieves.

They're a technocracy that the World Economic Forum has created as the new super state to take down Western civilization. They are an absolute abomination and they're a total and complete dictatorship closed society. So what's the actual end goal here? I think the destruction of globalism. China is the model super state

for what they wanted to bring to the rest of the world. China was the laboratory, they cooked in that laboratory to bring a technocracy, dictatorship, single party rule where all of us are slaves. Every one of us is slaves. Western civilization is gone, religion has gone, free markets gone, and we have this new overlords. It's exporting slavery to the rest of the world.

And China was the first laboratory. They needed it to work so they could bring that model out. And you've seen that model actually start popping up little places and Trump is slamming that model's head against the locker, putting it down. And that's, I think what is actually happening here, the destruction of the horrific future they had planned for all of us,

the COVID level lockdowns, all of us living in these little pods and boxes and eating the bugs, that's what they had planned. China's it, and they wanna destroy that right now. Final thing I'll say to your allegory of the office. Let's say you had a business and you were able to actually see who was betting against the business. You have a bunch of employees. There are 187 countries in the world. You have 187 employees and you're able to actually open up the trades and see who's shorting your company, your publicly traded company. You're able to open up the trades and they're not anonymous

and see who's betting on the company. What employees are taking like the five, 10 bucks they have a month and like betting that your company will succeed and like putting that in, driving that into the stock and driving that equity into your security. And which employees are saying, I'm gonna screw this company over.

I'm gonna make a fortune with this when this company goes down and they're working inside your company. That's the World Trade Organization. China's that employee. They're betting against us who run who run the global economy and Trump turned the lights on Trump was able to reveal who was shorting the American market and it was China and he caught him dead To rights with their dick in their hands. I love what you just said Day before yesterday on podcast. I talked about the young Nancy Pelosi and her big chart on China and she went down like seven points

You know I'm talking about yeah, and she's in like I think a green dress. She looks quite young. They're saying what's up She you're a hypocrite. She's not a hypocrite at that moment She was not bought into the globalist agenda and when she bought into the globalist agenda She bought into China and when she bought into the globalist agenda she bought into China and when she bought into China She bought into defending China in the name of the globalist agenda, and that's when she became not a Democrat of history supporting unions You know public school teachers and all of that where she started That's when she changed and she became actually not pro-america pro-globalist and supporting the militarized weaponry.

And I love the way that you just described this as the working lab and the test. It was their atomic bomb that was being built over there to detonate and destroy Western civilization. And now you see what happened to Nancy Pelosi. She's a hypocrite. She's not a hypocrite. She changed her mind and selected a globalist future. It's the same thing that, you know, people who come to grips with their alcoholism say, you know, you know, I've now, you know,

rekindled the Judaism, Christianity, Catholicism of my youth and my family and this faith is going to help get me through my alcoholism. She had a religious conversion to globalism. That's what happened I don't think it's hypocrisy I think it's exactly what you're talking about by the way Rob if you have so that was an incredible Point that you made Benny to me. It's very simple first You have to look at a few things that the knowns there's unknowns and the unknowns anytime You're trying to make a big decision. You have to know whatever prime you're trying to solve

He explains something about no one who's shorting your company one day Any time you're trying to make a big decision, you have to know whatever prime you're trying to solve. He explains something about no one who's shorting your company. One day, I'm looking at every week I'm giving 200 appointments away to my insurance agents. I'll never forget this, Tom. You'll love this story. Every week on Tuesday night and Monday night, I'm giving appointments away. And my guys are going and writing the business and I'm trying to find out why some are writing, why some are not writing. I asked one of my guys, can you run a ratio of how business and I'm trying to find out why some are writing, why some are not writing.

I asked one of my guys, can you run a ratio of how many appointments I've given to these people and who's closed. He gives me the ratio, one of my guys I had given 40 appointments to, this many closes. So then I'm like, how is this person not closing? This person's a very good communicator. This person's solid at what they do, but how are they not selling anybody? That doesn't make any sense to me. So I said, here's what I want you to do.

I want you to run down and see which one of our guys has an insurance policy and who's actively paying into it that they believe in the product. Do you understand what just happened right there? So he brings me back the report The one that was selling with the highest closing ratio has had a policy Multiple of them pays into it believes in the product has it for himself has it for his family great the person that 40 appointments being given Hasn't closed a single one hasn't paid money into the policy for a year and a half She hadn't done that and then I sit in the meeting and this is how the meeting

starts. It's in my office in Northridge and I said okay guys how much you guys believe in what we do? Oh my god, oh really? Awesome. Tell me why and I'm going through. So first I go to the guy that I know pays actively. I said tell me why you believe in it. Well you kidding me? My mother this, my dad this and da da da da. I said great. How about you? And I go specifically to the person that doesn't have it. I said, so why do you believe in it? Are you, oh my God.

I said, if you believe in it, I want to tell you guys what I have here. Okay? I said, I have everyone's numbers here on who's paid into the premium and who has not and for how many months. Would you like me to share with you the names within a second first person that says, no, no, no, I don't think it's appropriate. I said, I agree. So I won't.

So I went like this, I put it here. I said, but now I know why some of you don't sell any insurance and some of you do. If you don't believe in the product, go sell something you believe in. And if you want to sell this product, spend the next two, four weeks doing whatever you can to believe in a product. If you need to sit down with me to help you persuade you into how to product course, if I can't do it, go sell something else.

But you got to figure something out. That person came to me, straight up conversation with her. She today makes makes eight hundred thousand dollars here because she finally bought in some of the guys that didn't left It was good to go the point you just made was beautiful. Here's the knowns China is betting against the US The knowns are they are bullying our business owners They're bullying our talent their bullying our engineers and they their bullying their own people their own people want to leave They have a negative net migration right now. So the knowns are China is not a friend of the US Okay, China would do anything they can to have control. They've said it made in USA 2025. It's here right now

We've been talking about this for six years made in 2025 is officially here It's 2025 and they're not where they want it to for six years. Made in 2025. It's officially here. It's 2025. And they're not where they want it to be. What are the knowns that we have? How Trump negotiates. It is the way he is. He likes to steer the pot.

He likes to go challenge. He likes to push the envelope. He likes pushing buttons. He likes doing that. He's been doing that for his entire life. The knowns are the knowns. We see how a couple of our neighbors, Mexico and Canada, how they handle certain things, how they all of a sudden are like, whoa, we gotta figure something out.

There are so many knowns that we have. What are the unknowns? Some of the unknowns was the market. It's gonna happen with bonds, money goes from stock market to bonds. What happens with interest rates? What happens with, hey, what if we lowered interest rate? Right now the gap between the 30-year fixed

and the federal rate right now, Tom, I think the gap between two is around two and a half percent. You kind of want it to be around one and a half percent to two percent right now. The banks don't even trust what's going to happen with rates, so they're like, ah, we're not going to give that much of a discount. So even if they lower the rates, they're not lowering their own mortgage rates. That's their way of saying, look man, we have no clue what the hell is going on.

We're not going to give you the, we're not passing that discount over to you because it could change in the next six to 12 months. So that's the unknown. But the known we have no clue what the hell is going on. We're not going to give you the, we're not passing that discount over to you because it could change in the next six to 12 months. So that's the unknown. But the known we do, by the way, Kevin O'Leary said the following, Rob, if you can play this clip and I want to get your thoughts on this, Benny, and then Adam, I'm coming to you right afterwards. Go for it. 104% tariffs in China are not enough.

I'm advocating 400%. I do business in China. They don't play by the rules. They've been in the WTO for decades. They have never abided by any of the rules they agreed to when they came in for decades. They cheat, they steal, they steal IP. I can't litigate in their courts. They take product, technology, they steal it, they manufacture it, sell it back here.

Never has an administration- In America, they're taking 400% tariffs? What would that look like? I want Chi on an airplane to Washington to level the playing field. It's just not about tariffs anymore. Nobody has taken on China yet, not the Europeans, no administration for decades.

As someone who actually does business there, I've had enough. I speak for millions of Americans who have IP shocked they've been stolen by the Chinese I have none of them owning businesses against none of them have ever started any brought great none of those people never see what anyone art and tech to the world the government cheats and steals and finally an administration you may not like Trump you may not like his style or his rhetoric finally an administration that not like Trump, you may not like his style or his rhetoric. Finally, an administration that puts up and says enough.

400% tariffs tomorrow morning. I'll tell you why. Chi can only stay the Supreme Leader if people are employed. If we wipe out any business there because we are still 39% of all consumables on earth and 25% of the world's GDP. America is the number one economy on earth with all the cards. We will not have that forever.

It's time to squeeze Chinese heads into the wall now. Well, hold on a second. I hear you, but hold on. If we're talking about people, the average consumer, not necessarily the head honchos of businesses all across the globe, can they withstand? Ben, she cats. Oh, dumb. Your thoughts?

I love the squeeze the head into the wall. I love it. And she's going to go, well, what about the average consumer? You know, a couple of things here. One, the allegory that is being used across social media is that everybody is waiting for our guy, for our bully, for dad to come home. China's a bully, China's been a complete asshole to everybody in the world.

There's a very famous clip. Please help me here. Donald Trump, don't trust China. China is asshole. There's a very famous trip. Clip. It's one of the most famous clips out there. It's great. And it's a profit.

This man was a prophet. He's a Taiwanese dude standing in the street saying China is asshole. That's him. I just saw this this morning too. We need independence. Yep. And what's your message to...

Have you seen Donald Trump? Do you think he should step in? Donald Trump, don't trust China! China is asshole! China! Can we do it together? Can we just get one? Can we get the wide shot here?

Can we just do it together? 3, 2, 1. China is asshole! There's the viral click. Oh my god. Trump listened to this guy and said, and what do you want, right? What do you want in every 80's movie?

What do you want in Back to the Future? The apex of Back to the Future, the climax of Back to the Future is when George McFly finally takes that shaky fist and punches Biff in the effing face and bloodies his nose and Biff is crying and he wins the girl. That's right the chicks fall in his lap he gets in the DeLorean and rips it you know it's awesome it's

like the American economy now the The American economy, everyone's waiting for George McFly, Trump, to just punch China in the face, right? And to get red China, red in the face, blood dripping, and say like, you know what? You've been such a jackass to everybody on earth and nobody likes you and nobody wants to be you. We know what's cooking here inside of this dirty little laboratory

for the world economic forum We don't want your techno slavery and we are going to knock you down And that's what President Trump's doing and that's going to be wildly popular Adam Love back to the future. You freaking kidding me make like a tree and leaf You can get a get a back to the future reference, forget about it. And the best, the best scene is the, the electricity on the roof, the whole thing gets back to the future. Yeah. Well, speaking of back to the future, if we could

go back to the eighties, remember one thing who made China, you had a great conversation with Richard Verner yesterday, the economist, and who would China be without us? When Trump gave that speech with the tariffs, look at this beautiful map, look at this graph, he laid out all the countries and the reciprocal tariffs. You notice that he said, sometimes our allies, they rip us off more than our enemies. But you know what? I would do the same thing. But you know who I blame?

Who did he blame? And he started pointing at the Oval Office. He goes, our former presidents and our and our leaders there to blame. And the buck stops here. So you the conversation you have with Werner is like, how did how did China even get all this power? Didn't USA give them the blessing to enter the World Trade Organization? Whether it's NAFTA, whether it's TFT, our leaders, our government officials have sold

America basically downriver. And now we're paying the price and Trump, like you said, is being the George McFly to Biff and saying, we're going to punch you back. So they lie, they cheat, they steal and someone needs to do it. So the only analogy that I'll give is like how ungrateful if you make someone, if you basically allow someone to become or a country to get to this position for them to basically be like rooting against us, it makes no sense.

It's kind of like, it's a weird example, but you see what Kanye is doing to Jay-Z these days. Kanye was nobody before Jay-Z signed him to Rockefeller. He gave him this amazing position. He signed him, puts him in this thing. And now Kanye is just literally, they put a thing called watch the throne. Now, Kanye is trying to be the person or did try to be the person who would wear the throne, but heavy is the head that wears the crown. One more reference is Dr. Dre when he would go, I started this gangstas. This is the mother.

Thanks I get. America started China and this is the thanks we get and this is where I'm at. Just a few minutes ago, you were a little bit confused. Where you said you didn't know what was going on. Well, nobody knows what's going on. So if you want to take a macro position and say, all right, with Trump, expect the unexpected. I agree. Yeah, that's it. But you also don't know what to expect.

No, no, for sure. Yeah. So that's my, that's what I'm saying. Yeah, I got what you're trying to say. Because to me, a part of what's going on Right now is like yesterday had Richard Werner on here Okay, and I don't know if you know who Richard Werner is. He is the father of quantitative easing He's the guy that came up with quantitative easing. This is the guy So this is the second podcast we did with them

It's a kind of a podcast that guys like me love but it's like all numbers and it's all like economy and stuff like that Right. He said something very interesting He said back in a day's rob if he can pull up the leader that they had dang dang Joe ping is his name. I hope I said it right so this is the guy so you think you did a great job so him in 1978 China's in the shits nothing is going on okay They're in there have they have a lot of trouble. He goes and meets with Japan, their enemy. He meets with Japan, the enemy. He goes and meets with Japan's

leader, the enemy, and they have some, what drinks? He said, not sake. What did he say? That's some drinks together. And while they did, during the dinner, this is it, he said sake? Okay. During the dinner, you know what ends up happening? He asks him, he says, look, I need your help. How were you guys able to grow your economy 15% back to back to back where your size of your GDP doubled four times over a span of a couple decades? How did you guys do this? And finally, Japan, after it was done, they shared with them.

They said, how many banks do you have? He says, we have one central bank. He says, no, how many banks do you have? He says, I just told you, we have one bank. He says, it'll never happen. Here's what he mean. He said, you need 5,000 banks and 5 million loan officers taking 35 applications of business owners

on a weekly basis. He says, how many? He says, you need 5,000 banks, 5 million loan officers taking 35 applications a week of small business owners coming in. He says, you're kidding me. He says, no, if you don't do that, it's not going to happen. He goes back. That's exactly what they do.

China then starts having different banks. They start competing with banks. They start having the loan officer. Small business starts taking off. China's economy goes up. This guy said, let's set aside our communistic history and all this other stuff. Keep in mind, in 1971 is the first time that a US president went to China for the first time ever, and it was Nixon.

It hadn't happened for 25 years. So he comes and he goes to Japan, has that conversation, he leaves, China takes off. The next thing I did yesterday is I wanted to find out what Xi thinks about him. Because what Richard said is the US has to have a conversation with China to have it be a conversation like this. Let's find a way to make this work. Well if you look up Rob, go to ChadGBT and type in what Xi Jinping thinks about Deng Xiaoping.

And when you type this in, because a part of it has to be like, who's your hero? Do you look up to that guy? Is that somebody you admire? If you do, then the president and his team can think about how to approach China. This is what you'll see. Xi frequently credits him in a speech calling him the greatest Marxist. He acknowledged him, but also at the same time, he has positioned himself away from him.

Rob, if you can go a little bit higher, the camera's covering it. He said good things, but Xi views himself, distances himself from Deng in the last few years because he wants to go back to more the control, the control of what's going on, the way it was with China, the Communist Party right there. It doesn't matter what a cat is, black or white, as long as it catches mice, pragmatism over ideology. That's Deng.

Here's Xi. Reinforce the role of Communist Party in every part of society and business. He cracked down on private enterprise, reintroducing ideological control. So Xi is not dank. But you know what he said that was even scarier than that? Rob, can you pull up the following? Pull up the numbers that he showed yesterday. The number of banks in America.

Watch this here Vinny. How many banks we have here? Okay, before you even pull it up, Rob, go to the chart. Before you pull it up, let me just kind of tell these guys, don't pull it up yet. How many banks do you think we have in America today? Pfft. I mean. How many banks do you think we have in America?

Like branches or types of banks? Total banks. How many total banks do we have in America? Total, like building itself. How many banks do we have in America today? 10,000. It's 4,000 today. Wow. Okay, you ready?

What do you think is the peak? 4,588 banks today. What do you think is the peak? 4,588 banks today. What do you think is the peak of the most banks we had in America? 10,000. Go back to it, Rob. Can you pull up the most banks we had in America and what the year was?

We had 14,000 banks. No, that's not the year. It's previous to that, if you remember right there. The peak we hit, look at the 70s, 80s, 14,000 banks, and it dropped to 4,000 banks today, 4,500 banks today. You know, 56% of all the business that's done is done with the main banks, JPMorgan Chase, Wells Fargo, B of A is the main ones that you see.

So the problem is we're kind of working backwards. We're not having these small banks that are giving 50,000, 25,000 dollar loans, 100,000 dollar loans, So if Trump is really looking at this whole thing in what's going on, this may be part one, part two maybe, hey, stop making it so difficult to start a damn bank. Chamath was on Schultz's podcast talking about the fact that they were starting a business to sell batteries in America. And he says how it took them, it's actually a very good clip, it's a long clip, seven

minutes so we don't need to play it, but I'll tell you what he said. This young kid comes to Shamad and says, hey, we need to build a battery company in America, let me show you the idea. He shows it to him. And Shamad says, well let's do it. So they go through the process. It takes them almost a year, a year and a half to get this done. He'll give it a timeline. And they end up a hundred million dollars from the from the government to do this

He says we need billions then he says Letitia James Goes under Biden and asks for some money within 30 days gets approved for two billion dollars He says we're gonna do something good for America took us a year and all this stuff Bureaucratic processes that we have to go through to get to a hundred million She got two billion billion within 30, 60 days. So this is the part that regulation, we need to continue deregulating to allow the small business owner to be getting that $25,000, $50,000 to see what they can build with. That's another problem that we're going to be facing.

So yes, China, yes, all this other stuff. We have to kind of look at some of the stuff that maybe in the future, this number needs to go back up to around 10,000. Is it deregulation or is it just monopolies? Because I'm so glad that we pointed this thing out because we've lost, what, 70% of banks since the 70s. But you start to hear all the mom and pop stories that are closing. So whether it's retail and it's Walmart and Amazon whether it's you know Pharmaceuticals and it's just Walgreens CVS to Wayne Reed whether it's

You know electronics are just Best Buy and who else I don't even know you know Radio Shack closed There's less choices, and it's just more monopolies and all these big companies are just taking over the mom-and-pop Companies no longer exist is that sort of what the analogy is with the banks? Yeah, because like the way he was describing it, banks wanna be able to give a billion dollar loan. 200 million dollar loan to a big company. They don't wanna give a 50,000 dollar loan. It's like the same amount of time.

I would much rather give a billion dollar loan and go sell it off to the third party, then have to come and deal with somebody that's a small business owner for 25,000 dollars. How many of those $25,000 do I need to do to be equated? Look, $100,000 loan for a billion, how long does $100,000 take to get a billion? That's a lot of them. But the small bank, that's a local bank that somebody is putting up $30 million, they will give that $25,000.

They will do that $50,000. The bigger banks are like, we're not interested in that, stop it. Go to somebody else with, our minimum is five million, our minimum is 20 million. The challenge is, if you remember 2008, everything that happened during the Great Recession, these banks were all bailed out because they were too big to fail.

That was the whole thing with Glass-Steagall and, exactly, was it Barney Frank? Well, this chart moves because of the SNL crisis that was in America that started in the 80s The savings and loan crisis? Yeah, there was a thousand banks 16% A thousand banks failed in less than three years when it started because they took more riskier positions on Lending you know out of greed to get more business and then the interest rates move and things change and there it is

SNL crisis yep, but shouldn't these banks fail? Isn't that sort of the point? But if they had... Let them fail. Yeah, but just like after the mortgage crisis of OA and NINA loans and things which were dumb had there been simple regulation on liquidity, right, that you can't... that would have led to people not doing Nino loans, then SNL crisis wouldn't happen and we would still have all the small SNLs and the thrifts that were out there, but

they blamed the economy, but it was also the way they were operating and they wanted more business and just like 2008. Yeah, it's like history keeps repeating itself. What's funny is you brought up Chamath. I think what the first thing that I remember made Chamath famous was during 2020 when he talked about the airlines that were doing basically what buybacks, stock buybacks, and he was being interviewed and he goes, what do you think should happen to the banks? He goes, let them fail. Let them fail. Why do we keep bailing these people out? Do you remember that? And people were like, what do you mean let them fail? But you know, zombie companies, companies that don't basically manage their P&L,

they should fail. That's why I'm so against the WNBA. Anyway, that's another story. All right, let me go to the next one here. Jamie Dimon says, recession is likely outcome with Trump's tariff turmoil. Rob, if you have that clip, Jamie Dimon comes out and is officially using the R word,

recession, being there. Do you have it, Rob? I do. Let me read this to you, if you don't. OK, there you go. Go for it. And then how it affects consumer sentiment? Sorry, I got a question.

Do you personally expect a recession? I am going to defer to my economist at this point, but I think probably that's a likely outcome. Mm-hmm. Because markets, I mean, when you see a 2000 point decline, it sort of feeds on itself, doesn't it? Because it makes you feel like you're losing money in your 401k, you're losing money in your pension.

You've got to cut back. Yeah. I always remind people, markets aren't always right. But sometimes they are right, and I think this time they are right because they're just pricing uncertainty at the macro level and uncertainty at the micro level, at the actual company level. And then how it affects micro level, at the actual company level. And then how it affects consumer sentiment, it's hard to tell. Consumers still have jobs.

Wages are going up the low end, which I think is a good thing. But if companies start cutting back, yeah, the consumer sentiment changes and business sentiment changes. I think you've already seen business sentiment change a little bit. Hopefully, no one's wishing for that, but hopefully if there is one, it'll be short. But I do think fixing these tariff issues and trade issues would be a good thing to do. Benny, recession. So to let's let's get the terms right. So two consecutive quarters of negative GDP growth.

Yeah. Recession. All right. Under Trump. That's the definition, under Biden it's not. Yeah, that's because that happened under change. That happened under Biden. Yeah, that happened, there's a lot of this stuff that happened under Biden. Obviously, you have these self-made billionaires

that are in charge of the country, and I would say, and I just wanna give a shout out, I don't know them, I've never met them, but the person who has become a rock star in all of this is Scott Bessett. Man, that guy is impressive. And everybody is now hanging on his every word. I've never seen a treasury secretary command so much power

and also have such clarity. He spoke to the banks and we talked about banks, and then I want to get back to the recession point. He spoke to the banks just yesterday and Scott Bessett is sitting there giving a talk to all of the large American banks. And it's just a point that you made about large banks and conglomeration with financial services.

And he said, your days are over. You had a great run. Now it's time for Main Street. Like we're done with Wall Street. Now it's time for Main Street. The balls on this guy to stare down the banks right here, this clip, to stare down the banks and say, uh, this administration is not about you. We ran for the working man and now it's time to serve them. Uh, I don't know how long this clip is, but maybe 27 seconds. Let's

have a listen. For too long, financial policy has served large financial institutions at the expense of smaller ones. No more, no more. That takes a lot of guts to say that. The fall's on the sky. This administration aims to give all banks the chance to succeed, whether it's JP Morgan or your local mortgage and loan. It aims to get capital to Americans who need it

by getting bureaucracy out of the way. For too long. PBD is exactly what you just talked about. And it, you know, people are- This was yesterday? When was that, Rob? This was yesterday. Yep, yesterday.

To the National Bankers Association, funded by the big banks, created wholesale by corporate banks. And so to be able to have the temerity to go in and say that, and then also his background, it's so impressive. And I cannot believe I'm doing this. Please don't come for me in the comment in the chat.

Please chat, don't come for me over this. But I'm telling you, like I cannot, when you go into his background and see that he worked with George Soros, he worked, Scott Bessett worked with George Soros as his chief risk manager when he collapsed the British pound. When George Soros did a strategic collapse

of the British government, doing it through, hear me out on this, a overinflated stock market in the UK, overvalued currency in the UK, mass immigration that was disproportionate and making the culture wobbly, and an elite class that had sold out the working class of their country. That's what the UK was in the 90s. And Scott Bessett, our current treasury secretary with George Soros, swooped in and made a fortune that couldn't be spent in 100,000 lifetimes by betting against, by shorting the UK government in the pound. And this man saw the structural inefficiencies and the risks associated with this single greatest financial

coup in world history, arguably, what made George Soros famous. I'm only saying that to say this. Trump is a genius man for bringing this guy on, for ignoring the fact that he's friends with Soros, bringing this guy on to work out these structural inefficiencies in our country so that this can't happen to us. And that's what I believe is actually happening here. Will it lead to a recession? I don't know.

I'll leave that for people with much higher IQs. I went to community college, but did what, but, but is Scott Bessett on a war path to create a wall around our home? And I like using the home analogy, the metaphor, I'm sorry, it's going to get old, but Scott Bessett is out there to reinforce against someone like Soros doing that to the American dollar and the American economy. I am 100% in favor of that.

Yes, there will be pain. Yes, you'll have to exercise some demons. These are the kinds of things that happen when you have demonic possession, which is what the country has right now. When you have things that are really bad and wrong with the country, you're gonna have to exercise them out.

But that's what Scott Bessett is doing, and if you understand the full picture of what's happening there, as he's trying to reinforce, to protect against what he did to the UK, he's doing that for us, that's amazing. Very interesting. I didn't know that, by the way.

Tom, your thoughts, recession. So, recession, you heard what he was talking about, Jimmy Damian was talking about sentiment. So he says the sentiment of the consumer, sentiment, and he said it three times. Why? Because if the consumer gets worried and you're worried about tomorrow,

then you don't buy incremental things that you might think are luxuries. You save. If you're worried about what's gonna happen tomorrow, maybe you, you know, honey, we were going to take a trip and we were going to go to Orlando and we were going to go to all the theme parks and everything. What if we go to the Grand Canyon and go to the national parks and do some things like that the summer with the kids, do something fun, but let's not spend three grand, let's spend 12001,200 and let's save the rest of it.

This is not fiction. These are the decisions that a populist that looks at all this, because most Americans are not in the stock market and they think the stock market's the economy because that's what comes screaming out of the news at them. The stock market is not the economy. The economy is, Costco yesterday said I had a really good first quarter That's the economy the American consumer shopping at Costco and so and by the way the market for you know an hour and a half is gonna love the Costco earnings report is gonna go

up and so You know, that's that's what it is. So what is the recession two quarters of negative GDP growth? That doesn't mean we're in the shooter that. That means, excuse me, that means that the growth stops. Why does the growth stop? The sentiment stops. And then if corporate sentiment, which was mentioned by Jamie Dimon, and consumer sentiment are more conservative,

hey, let's let all this tariff stuff sort out, then they buy less, that's what a recession is. It's not a depression and a collapse of all the mechanisms it's merely two quarters or six and a half quarters if it's the Biden math of Negative GDP growth and so I think Jamie Dimon could be correct, but I Believe he's correct about one thing at the end if there is one it will be brief Because I think he's also looking and he said said, I'm going to leave it to my quant, that the negotiation of all of these tariff things, Pat, where do you think it's going to be in

four months? Six months. It's going to be the food poisoning, we're going to be out of the bathroom, over our food poisoning, and back at work. Yeah, I mean, out of the bathroom, Tom, it's a pretty bad case of food poisoning. I don't know what you ate. I'm saying it's a bad. No, I'm saying it's a bad case of food poisoning. I don't know what you ate I think it's a bad visual but I'm saying is restaurants It's the tariffs think of it think of the tariffs as having a really bad cold and you're off work for a couple days because it's a bad cold and

Now guess what and you're gonna be back. That's what the tariffs are. It's a medicine we have to take Can somebody explain to me why Joe Biden wasn't hit with the R word? Retard he was in this room. That's the right question. Which are we? I threw it out there. Recession. So PBD just goes, like the Biden recession. But that that did not sink in.

They changed the definition of that. OK. Well, what happened there? Yeah, they changed the definition while we were literally live on the air. Well, I look at it a little bit, I look at it a little bit different because this is kind of the conversation I was having with Brandon the other day where he's like, you have to understand the macroeconomics and what happens with the quantitative easing. And then what happens is, I was like, well, have you started investing yet? He's like, no. I'm like, why are you so worried about the world's economy?

You should be worried about your own economy. Like, and then he's like, well, you know, I'm just waiting on the time to buy the dip. I go, you probably want to buy today. And I go, because I've seen this markets go up and down all my life since I've been in this investing world. The next day, all time, biggest increase in the stock market we've ever seen in our lifetime. It's like, did you buy it? He goes, no, I was waiting.

I was like, you missed your chance. What's my point? I don't know if a recession is happening. You're saying that it might be four months, it might be six months, consecutive quarters of negative GDP. We don't know. What we do know is control the controllable. So is Jamie Dimon right?

Hold on, Vinny, I know you're financial advisor. Let me just drop the ball. But the only economy that you should be focusing on is your economy right now. Make sure that you're doing what you need to do to keep your job. You know, be inflation proof, be recession proof, be good at what you do. You know, you know, we talked about the fear and greed index. Rob, I sent you that by the way. Do you know the fear greed index that we've mentioned this up? Do you know where it's at right now? Take a guess before you put it out happy what you think people are happy? I'm greedy. Okay, you people are greedy. Well, they should be go ahead show it right now People are an extreme

And by the way By the way, that's it an eight right now. Do you know the all-time low it's ever been to That was during kovat on March 12th 2020 do you know that two days ago what the number was it was at a three? it's ever been to that was during COVID on March 12th, 2020. Do you know that two days ago, what the number was? It was at a three. So people in America, very, very fearful right now. So what happens if you're fearful, by the way, if you're, uh, you want to know

what the highest greed ever was, I think it was in 2012 when, um, the, uh, fear greedy index hit about 90 is when it was. So what can you do to prepare for potential recession? Get out of debt, save that money and invest the right way. So Tom, you brought up a great point. Instead of maybe going to Mykonos this summer, going to Ibiza, maybe go to the Grand Canyon to go to Lake Michigan or something like that. Instead of basically balling out- Ibiza, just go to Key West. There you go.

Instead of balling out when you get your tax refund, maybe you pump that into a Roth IRA. I don't know. Maybe you don't get a new car right now. You just fix the old one. Brace for impact, again, because we might have a recession, but forget about what's going on in the macro economy, what's going on in your economy. And you saw the consumer price over month to month actually drop, Rob. There's a video and Tom has a chart that inflation cools that actually went down point one percent That's 9-eleven Costco had a good quarter. Isn't that interesting some data? No, I said you though. I sent you a video on slide metaphor. It's a the March consumer price index went point went to point

Two point four I don't know While we're waiting for that to come up in the text today the measure of volatility did not jump back up as people thought it went up a little bit today but it didn't jump back up and staying at 37 which is to Adamsport about the fear and greed index that's a sentiment so the sentiment is actually calming on the market today and people say that what's going on today is some profit-taking Because it's not America buying it. It's temp. Have you looked at what the market is today? I have not looked where do you take a guess? Where do you mind is today?

We saw it mine S&P 135 down so it's just a hundred down. It's like a yo-yo. It's like it well no no, but today It's they say it's profit profit taking pressure and the Vicks only move four points. I concur with what Tom is saying. Okay. Let's go to the next story here. Next story here.

One of the things I love about the team that we have here, our chief investment officer, Vincent Oshana, crushes it. Like the amount of research his team comes up with is like... I appreciate that appreciate what happens is You do so much legwork on the back end that when the podcast starts. He's just tired. He doesn't Incredible all right, let's go to some fun here Trump and Obama's odds of winning the presidency if they faced off historic third term This is like that heavy witness. This is this is a Ilya to poria against winning the presidency if they faced off historic third term. This is like that heavy witness.

This is Ilya Toporya against Islam. This is John Jones against Aspen. This is a good fight here to see. And here's what Trump had to say about it. Rob, is there the odds here for me to read before I go to it? I can find it while we play the video. Yeah, go for it. Go for it.

If you were allowed, for some reason, to run for a third term, is there a thought that the Democrats could try to run Barack Obama against you? I'd love that. Boy, I'd love that. That would be a good one. I'd like that. No, people are asking me to run, and there's a whole story about running for a third term. I don't know.

I never looked into it. They do say there's a way you can do it, but I don't know about that, but I have not looked into it. I want to do a fantastic job. We have four years, just about, almost close to four years. Time is flying, but it's still close to four years. And we're getting a lot of credit for having done a great job in the first almost 100 days. And by the way, here's what the odds say. Let me read it to you. Trump's claim run against Barack Obama on the third term faces a tough reality as an Overton Insight survey of 1,100 registered voters shows Obama leading 53 to 47 percent.

Okay, please. Okay. Okay. No. Please. Okay. Okay. The poll reveals Obama dominating among independents with 59% and Moderates with 61% taking 10% of Trump's 2024 voters while Trump only swipes 3% of Kamala Harris's voters No constitutional law currently allows Trump or Obama to run in 2028 But representative Andy Ogles proposed amending the 22nd amendment just three days ago into Trump's second term to permit Trump's third term, excluding Obama for his consecutive prior

terms. The amendment states no person shall be elected to the office of the president more than three times, nor be elected to additional terms after being elected to two consecutive terms. So there's two questions. One, who would win? Would you want to see it? And at the same time, would you like to see Trump being over the line for third term? I'll go to you first. Trump's already beat Obama three times.

So he already won in 2016. That was an Obama cutout. Remember Joe Biden was like begging to run. Obama gave Hillary Clinton the crown and Trump romped. Then in 2020, Obama did everything they possibly could. gave Hillary Clinton the crown and Trump romped. Then in 2020, Obama did everything they possibly could to rig and to steal that from President Trump. And then in 2024, Obama went hard in the paint. All of this happening behind the scenes,

cloak and dagger stuff, that was all Obama, the George Clooney op-ed, it was all Obama Obama ran the whole ran the White House does anybody really believe that Joe Biden was in charge of the White House it was clearly Obama the first president in our lifetime that moved down the street no president has ever moved five blocks from the White House to a mansion in Calorama Washington DC is where Barack Obama moved so as he says on Stephen Colbert's show, I can run the White House from my sweatpants with the phone, with the earpiece in. And what's the first thing you see when Joe Biden,

when they're inaugurating Joe Biden at that dystopian weird inauguration that nobody went to, that the military had to protect. What's the first thing you see is Joe Biden like saying things as though he has an earpiece in. I'm telling you, man, Trump's already beat Obama three times and there's no way that you can convince me otherwise. This last time was a seven swing state romp with the popular vote. Barack Obama is cooked and I'll give you one final piece of data to prove that.

They have to bus people into Obama rallies. Obama can't draw the crowds anymore. You just got, who can sell merch? I think it's Andrew Schultz who said this, like politics is who can sell merch, right? You got, what, your merch move, bro? Right? That's it. Obama can't sell merch. Here's a perfect example of this.

We got 40,000 people right now watching on YouTube. What would happen if Michelle Obama went live on YouTube? She got a little channel, same platform. I can show you, you can pull up Michelle Obama's YouTube channel right now watching on YouTube. What would happen if Michelle Obama went live on YouTube? She got a little channel, same platform. I can show you, you can pull up Michelle Obama's YouTube channel right now and you will see views like mine, like Minecraft, like 12 year old Minecraft, uh, what started like 12 year old Minecraft kid, like started a YouTube channel. It is really sad and it's with billions of dollars of free promotion from the corporate media the ship has sailed people are over the Obama's they're done with them Michelle Obama's podcast is a perfect example of how people don't care anymore about them they know that they're I think well because Michelle

Obama stands up the DNC convention and we were all there and we all heard it she stands up the DNC convention here it. She stands up at the DNC convention, here's why. She's standing there at the DNC convention and she goes, my parents are suspicious of people who took too much. And right before she gets on her G5 to go back to one of her private islands where she has a mansion in some of the whitest neighborhoods in all of the world. Everybody knows that they're frauds. They're worth hundreds of millions of dollars.

They ran to say that we are, there's not, this is a good one. You want to, you want to get them? Here we go. Pull up Gallup poll race relations in America. Because this is what the Obama thing was all about. Obama said, my mom's white, my dad's black. It's not white America, black America, it's the United States of America. It's not red or blue black America, it's the United States of America. It's not red or blue. It's all together. Why don't we check out what happened while Barack Obama was president?

Well, let's see here. Everybody said that race relations was just fine. And then Barack Obama got into office and decided to infect a virus into this country and use race for political purposes to try and separate us to really rend and pull at the fabric of this country. And people are sick of that. People have seen the divisiveness. What did Barack Obama say right there when race relations collapsed in 2013?

He said, Trayvon Martin's my boy. If I had a son, he'd look like Trayvon. That's it. That's the destruction. And then he went and he fomented race riots in Ferguson, Missouri. We hadn't seen race riots in decades in this country. He fomented race riots in Ferguson, Missouri. People are sick of it.

They see the Obamas for what they are, which are opportunistic goblins who are just in it for themselves. And anybody who's close to them will tell you that. And the failure of the Michelle Obama podcast is a is the world Telling them we don't care about you Michelle Obama actually thought that Hundreds of millions of people were waiting on bated breath to listen to everything she has to say to her eunuch brother Who somehow looks more feminine than she does? Adam. But that's it. Who do you got? Obama or Trump?

Is that a city in Germany or something else? Sorry. The question was if they were both able to run a third term, would Obama beat Trump or would Trump beat Obama? If I had to put money on it today, I would say Obama would be the favorite, but Trump would end up winning in the end, almost like Hillary Clinton in 2016. Because if you're just looking at the odds and the numbers, you talked about approval

ratings. I think Obama's highest approval rating was almost like 70% when he got elected. And then I want to say his like sustainable average, you can fact check that sustainable average was basically in the high 40s. Trump's never been above 50% approval rating ever. I think right now he's kind of trying to get there. Yeah, there it goes 69, dude. So as far as approval ratings, it's going to come down to who

the independents break for. So one thing I'll give Trump credit for, you talked about race relations. Trump has done an amazing job of killing wokeness, killing DEI, killing identity politics, killing cancel culture. You know, people thought that Trump was going to going to lose when he was like, I thought Kamala was Indian all of a sudden she's black. People are like, Oh my God, I can't believe he said that people like, no, that's exactly what happened with her. You know, with Tony Hinchcliffe, he's like, it's a floating piece of garbage called Puerto Rico. Like, oh my God. Yeah. Nobody cared. You know, Trump's Hitler. It's like, no, I'm

not. Love the Jews. So Trump's face so much backlash that they would put Obama as the favorite, but the Trump would just pull it out in the end. So I would go with Trump. I disagree 1000%. That whatever poll that was, whatever voters that they got, that's, I don't believe any of the polls. You know what I'm talking about? So the approval ratings with Obama were that high, because every media, everybody was worshiping him.

He was trying to talk like he was, like Martin Luther King, it was all bullshit. All right, that whole change. Yes we can,, we can't. We didn't do, what did he do? What did he do besides make everybody hate each other in the country? Obamacare doesn't freaking care.

It was all delusion. It was all divisiveness. And it's, by the way, if there's a legal way, a legal way for him to be the vice president again and then, and they do it, I say do it. Anything to make these liberals go freaking nuts I absolutely enjoy it I was talking to Julian outside I love that these people go nuts for this guy I don't know what it is I absolutely love it and I wanted to get in because I wanted to get into

debates many and be like so crossfire hurricane Obama those debates are gonna be the best so you were spying on my campaign. You guys set up Russia collusion, you and Hillary and the DNC, you guys were doing illegal shit to try to ruin me before I even got in. And bringing up Michelle Obama, can you imagine the debate points that he could bring up just with Michelle alone?

Like, President Jimmy Carter died, you don't show up to the funeral, your wife doesn't show up, how disrespectful is that? All the freaking stuff that he could bring up about his wife, I think it would be, he would murder him. It wouldn't be even fair. Tom, I think the pollsters are just, after the election all the pollsters went to a B&B, but it's not what you think. Some of them became bored, the others became bankrupt because they can no longer fleece. That's what happened to the

pollsters. And I think it's ridiculous that these polls are going up. It's like, I just had a flashback speaking of DeLorean went back 20 years of Saturday night live when all the drunk guys were talking about Ditka. It says, remember this? It says, remember the bears. It says, remember, what do you think Ditka versus all the angels in heaven. But it's a field goal late. And it's like, that's what I feel like this polls are. It's like this with this is this. To me, it seemed a little bit crazy, but also, you know what it showed me? I backed off on that.

So why are they doing this crazy? Because it's desperate. It's desperate. Somebody had the poll do it because they want something and they got nothing. And so what did they go do? They did what Joe Biden did. He didn't have the dollars so he went and printed some and they're out there and they're floating this. See, our guy, one of our guys could beat Trump. Well, he didn't and Trump's in power. Dad's home. What are you doing? Yeah, that's right. Obama's kissing the ring. We

all saw him at the funeral. Obama's sitting right next to Trump cracking jokes How we do and they were talking about golfing? That's what the lip reader said Obama wants to golf with Trump like no man Obama's the one who said I can't win Obama's Obama sat that can we pull that up the lip reading? I'm so sorry to abuse The first thing that the first thing oh. Here's your perfect response to that poll The first thing Obama says I knew you'd win to Trump You beating Kamala beating beating Kamala. Yeah Like a professional lip reader that used AI to track what they were saying and the first thing Obama says is

I knew you'd win. Yeah, of course I knew you'd win. And he's- I don't doubt it. Oh no, that's a deaf girl, sorry. Well she- Goodness, that's me. I mean, that's probably me responding to the clip. Yeah.

See if it's in here. Yep. There it is. Hello Mr. President. Yep. President. For a second time. Brock, very nice to see you. Congratulations. how you doing a lot better than now I bet

No, you win. Oh really? Well, come on Anyone could beat her You know what happened you just didn't want to leave I know is what happened I did what I could to help her She was to leave. I know this what happened. I did what I could to help her. She was for it You know what I realized Hillary still hates me We can definitely set so funny Come on boys! We should meet to discuss this. I think so too.

We can definitely set something up. That's so funny. Let me know when everyone's best viewed. I was gonna fly back to Florida tomorrow for the golf. Okay. They're gonna golf together, man. The photo. Like who wouldn't want that?

This wasn't some of the joke stuff. That was the professional and the real stuff. This is the professional lip reader with AI Putting this together. I think the original I think was the New York Post that that so what's the likelihood? What else would he be talking about smiling about you know, it's about the loss And you know, he's probably like yo, you couldn't even help her with your whole yeah, we have to rally the troops No, you don't rally. It's so believable. That's why that went viral It's viral because it's so believable you can actually you can see him saying

this these things by the way people forget that caused a lot of controversy that they were sitting together I said I love it that's a great point are you kidding me yeah where else in the world do you have literally mortal enemies come together and out this is the funeral of Jimmy Carter I believe yeah and sit next to each other and have a conversation. I love it. What was the other? You're upset by it. I remember you were liver. Yeah. And he's in a box that will 100% right. You know why I disagree. No, you know why? Because he is the we're talking about the enemy. Anybody that causes divisiveness and hates the country and then spies on the other guy and tries to destroy him. He's the enemy. I

wouldn't sit next to him. I have a question for everyone on this panel and I would never portend to say I know who you supported in the year 2000 or 2004 elections. However, if you're looking for somebody who is a real dick to Donald Trump at this event, other than Michelle Obama, pun intended, then you would look at George W. Bush who goes walking over to Barack Obama, chest bumps him, ignores Trump entirely in his own party, and then pulls the curve. Laura Bush doesn't even acknowledge either man and walks right by him.

So this is a president, the last Republican president faced with the next Republican president, so his successor in the Republican party, Bush doesn't even acknowledge Trump's existence. Well that's his cousin though. These are literally two cousins. Look, those are two cousins. And his cousin, what do you mean? They are cousins Adam. They're related.

Wait, let me guess. I'm lying Adam? Do you know? I'm sure they're the best. Because you don't know. Adam, here we go. You don't know. No, no.

Are they cousins? Is Bush and Obama related? Are they related? I know there's a story that they're cousins. So they're cousins. For like 500 years ago there was a guy. I don like 500 years ago. Oh, Barack Obama. Oh, it's 500 years Adam or is this 10th cousin? Cousin. It's his cousin. You found it Ben. You're the man. You got it. That's why I act when I see my cousin. That's like saying we're all 10th Adam. By the way, through Samuel Hinckley of Cape Cod, who had a great, great, great, great, great grandson who shot Reagan.

Weird. No way. Is that true? So I know Hinckley is the name of the guy who shot Reagan. No, I just made that shit up. That's like saying we're all 15th cousin because we're all the children of Abraham, Isaac and Jacob came down the line of Jesus. Oh, now you're into a woozy and a wazzy and a floozy.

Whatever, Adam. When I see my 10th cousin twice removed, I chest bump him when I see him. I was just following the line of absurdities. Benny, you bring up a good point. The whole conflict, and this is who Trump is, the fact that him and Bush, that whole basically since the 2016 campaign when he was on stage with Jeb Bush is like, your low energy, your low energy Bush ran Paul, your ugly Scott Walker. You're a loser. You know, it just being, being, being, being, being, he called out the bushes. He called out George W. Bush. Trump has not

only taken the GOP, it's no longer the GOP. It's just Magna now. And you had to pick a side. The Mitt Romney's are done. The Mike Pence's are done. And it's just MAGA now and you had to pick a side the Mitt Romney's are done The Mike Pence's are done and it's just MAGA at this point. So I'm not shocked that the Bush Oligarchy and the Trump legacy is not on the same page. Are you I mean the person is so the end of the Bush dynasty Tell me if you agree with this chat the end of the Bush dynasty was please clap That was it dynasty was please clap that was it when jeb goes please clap please clap for us talk about like talk about a real cult. In that little campaign room out there you can probably show that but yo I'm from Iowa so that's why I was raised and this where I went to school and there it is this is told a joke yeah I will be a commander in chief that will

have the back of the military I won't trash talk I won't be a a commander in chief that will have the back of the military. I won't trash talk. I won't be a divider in chief or an agitator in chief. I won't be out there blowharding, talking a big game without backing it up. I think the next president needs to be a lot quieter, but send a signal that we're prepared to act in the national security interests of this country to get back in the business of creating a more peaceful world.

Please clap. That was the death nail to the Bush legacy. You're absolutely right. That's it. That's it. There's no coming back from that, bro. That's cooked. You're done.

That is the equivalent of being a stand-up comedian. That's what we call a crash out. That's a crash out. I fully agree. And that's what we also call a real poll. So I'm from Iowa. The point is that when you can see who like brings energy to rooms in Iowa, right? You can see with the candidates.

Look at how sad that is. He's at a nursing home. He's at a hospice house, clearly like a hospice center, giving a speech. And his little country club half zip. Yo, I am so glad that era of the Republican Party is done. They weren't Republicans. So I want to, if I may correct you on, it's not MAGA, it's populism, nationalism. That's what Trump represents. Nationalism and a very muscular populism in his policies. And I think

that what clearly George W. Bush has represented, what every president has represented for my entire lifetime is globalism and the selling out of America. And that's the actual fight here. And it's a weird way to think about it, but that's what makes Barack Obama almost closer to Trump than Bush. Like if you were to look at like the parties, like it's like, because what Barack Obama tried to do was almost like kind of that. He of course failed and I think he was a liar about it all and when push came to shove

He told he chose divisiveness and obviously our enemies over America every day But in in in the way that he communicates that's that actually makes Obama and Trump closer than even a bush, right? There's this crazy clip man. I hate to do this There's a great clip of Bush saying what are the biggest evils facing America? And it's way back in the day when he was running in 2020 and he goes, 2000, in the year 2000, forgive me, and he goes the biggest evils facing America today, gotta do the Bush, facing America today are all the isms, okay, nationalism, populism, racism, and he puts them all together. Gee, how easy.

And it is like, wait a second, this is unbelievable because this is actually, you know, with the exception of racism, this is actually like talking about America first. Like Bush was actually running on a globalist platform. This guy doesn't even exist in the same solar system as Donald Trump, right? And so that's why.

Remember Bush Senior in a State of the Union address turned to all of us and attempted to inculcate us with the idea of the New World Order man. Yes, I would say I would say one thing. I would say that you said you said that Trump is closer to Obama. I would say that Trump is closer to Bernie Sanders. Yeah, that sort of yeah, maybe economic, populism. I remember people at the time, they were like,

I'd vote for Bernie, I'd vote for Trump. Those two are complete polar opposites. And then Bush and Obama, they're more similar, because obviously, they're 10th cousins, so there's a lot of family legacy right there. Family comes first. Here's a New World Order clip. It's pretty wild going through this.

Next story here. Rob, can you pull up the Anderson Cooper clip? This is Anderson Cooper. I mean, just a very embarrassing moment for him in his career. How do you mess this thing up? How do you not know? How does somebody as professional

and being a Vanderbilt as yourself not know to properly introduce this young they them by the proper pronouns how do you not do that as a professional Rob go ahead and play this clip please go ahead Bernie Sanders I want to introduce Grace Thomas she's a local civil rights attorney she's a Democrat great they then pronouns actually thank you oh good evening senator Sanders polling and turnout data indicate that men of all racial demographics are turning away from the Democratic Party.

But of course- Play that one more time, Rob. Just one more time. Senator Bernie Sanders. I want to introduce Grace Thomas. She's a local civil rights attorney. She's a Democrat, right? It's they, them pronouns, actually.

Thank you. Good evening senator Sanders Polling and turnout that is Are turning away from you know, what it done right then and there I'm like no no timeout. No, we're not doing that next person I'm not playing that game a Bernie's face. Yeah He only sees one he's trying to fight What do I call it? Whenever I use the pronouns them, I'm talking about all of my beach houses.

Yeah. Yeah. Them. Those are the thems I'm talking about. I am a socialist. Look how shocked, like look how confused he's looking for more people inside of like, he doesn't know what the hell is going on. And the fact that, oh, if I'm telling right now Anderson Cooper said

Excuse me ma'am ma'am you we're not playing that game. You're a girl Answered ask the damn question the fact that they're still still to this day like what do you be the end of his job? I'm saying it sounds like he sat on ice cube. Oh No, it's like give me a freak that and again That's why this freaking party is gonna be doomed for the longest time, bro There that is it. That's the clip right there to show you where they're still are. They're not break They're not deviating they them out of it like no, no, no, we're not who the hell are you? What's your name? You're one person next move on it's ridiculous. You know what it is though like for a CNN

There's been there's been speculation the company's probably worth somewhere between one and a half to two billion dollars. And Zucker tried to raise some money a couple years ago to be able to buy it for five or six billion dollars. Tom, we've talked about this before. Yeah, Jeff Zucker, not Mark, right? No, no, Jeff Zucker, not Mark Zuckerberg. Zucker, who was a former, who was he with them?

NBC, he's a big guy. Yeah, so there's these conversations. Until CNN doesn't get back to common sense with things like this The rest of the logical world is just not interested in watching them because it's an embarrassing thing that's going on right now even yesterday Scott What's his name? Jennings Scott Jennings. He had a moment yesterday on CNN. Did you see that's why he got fired? Did you see what's got Jennings got fired? No, no, no, no, no.

He told Scott Jennings tells this later. Are you upset we got fired? Yeah, just type in, you'll see. That's the one right there. Watch this clip Rob. Watch this clip Vinny. You cannot just go and say, I like it, it's mine now. It doesn't work that way.

That is what they're trying to do. And in this New World Order, yeah, absolutely. When they're looking at Greenland and say, I it I want to take it for mine that is a very colonized you are you have never ever said we're going to go to Greenland and quote colonize it or steal it that's crazy government so you're irrelevant when I'm talking about the president you got fired from your job if you want to engage in personal insults, what you lack and the legitimate point you make up for in personal insults. The point I am making is in this New World Order, we are looking at countries, whether or not they are adversarial allies.

Who was she that got fired? She's a sassy woman, I know that. Tiffany Cross is her name and... Rob, your mic's not working, buddy. Tiffany Cross. Can you hear me now? Yours is not working. She was the host of The Cross Connection on MSNBC.

When did she get fired? It looks like 2022. She really got fired in 2022? It says informed... MSNBC informed her production staff that her contract would not be renewed on November 4th, 2022 So he's saying she got fired Yeah Yeah

So until CNN kind of gets their stuff together and brings more people like Scott and they're going more logic the best talent right now Scott Jennings I call him the CEO the company. He's run the company right now He owns the entire problem if they don't have the pet they don't have that, nobody is watching CNN. The only reason that show is one of the most popular shows is because they kind of let him cook a little bit even though they keep, they constantly tell him to shut up. He is surrounded by freaking, you know, jackals. You know what I mean? That he's just the only one that's spitting the truth. The woman who corrected Anderson Cooper on the they them. That's not an anomaly. That is sort of that is built into the system. At this point, you're not

going to reverse that overnight. You know, there's a story here, Pat, if you don't mind, I can read this for the Air Force. Pulls back on personal pronouns and email the Air Force. Vinny, I know you were in the Air Force. So the US Air Force is reversing its ban on including preferred pronouns in email signatures and other professional communications. So they've rescinded an earlier directive to cease the use of preferred pronouns, aka he him, she her, they them, our favorite thing, to identify one's gender and identical communications. So this is so baked

into the cake already. It's not just one offs, right? This is the air force that has they, them in their freaking emails. I told you the story the one time when I'm in the back of an Uber and this guy picks up, it's a Ford F 150, the back of an Uber. And I'm leaving actually CPAC of all places. And there's this dude, I'm talking to man's man. And I'm looking at the app and I'm leaving actually CPAC of all places and there's this dude I'm talking a man's man and I'm looking at the app and I'm like, okay bill and afford f-150 He him Okay, so I'm sitting in the back of he hems car and I go hey bill I got a I just gonna ask you a question, dude Did you want to put the he him in there or is that they make you do that? He goes, look, man,

I'm just filling out the, the data. And that's, I had to put it in the drop box. And I, I went with he, him, I didn't have a choice. I go, if you could reverse that, would you? And he's like, you record me right now, buddy. I was like, nah, just me and you. He goes, he, him, like, I want that bullshit. Like it just me and you. He goes, he, the guy want that bullshit. Like it just, he had to check this. He was the Uber driver. He had to check it in order to basically sign up for Uber in this case. So that's what I'm saying. It's so big baked into the cake. The one-off lady criticizing Anderson Cooper companies infuse that now we're starting to see companies basically reduce their DEI reduce their ESG, but it's gonna take a while

It's not gonna happen. I hear about the militia. He's talking about the military. You hear about the military. I think she was like a NATO Colonel or somebody she refused to put Trump and What's his names of JD Vance's photo up? They relieved her of her duty You're like you're not gonna put the photo of the president out but yeah. Okay, last story here that we're gonna get into, two or three stores and then we'll wrap up. Here we go.

This one's a very technical story, but very important story. To anybody that's a business owner, this is how you get creative. Restaurant offers diners a bigger discount to skinnier people. Have you seen this video? So the skinnier you are, they're giving you a 20% discount.

I don't think you tried that. Watch this. This is amazing. I told them oatmeal. Is that your friend? Yeah, I told them oatmeal. Fishing. Never met him in my life.

What the hell. You need some butter. If you can make it through, 15% discount. And they're watching you to see it, right? Yes. Can you do 10? Hold on, he's doing it. Oh, no, he's gonna get...

Oh, my gosh. What if he gets stuck? He's gonna take the whole thing. R.F.K. is gonna mandate these at every... So he ends up getting what? No, no, keep painting. Every golden corral. So you wanna come in here, you slob. Yeah. You wanna come in here and mainline seed oils. So he ends up getting what? golden corral

And mainline You're gonna get through you gotta get through the rfk fat camp humiliation bars What do you think about look all the way to the right? There's the full price. How big is the full price? The full price I think think is just wide open. It's like what? It doesn't show. By the way, what do you think about this? You go up to a restaurant and you see this. What do you think about this?

It's great. I mean, it's great. I mean, first off it's good fun and everyone's clearly having a blast there. And then second off, who doesn't want a healthier country? And if you can't fit through the first three rails, do you really need to get the fried egg rolls like do you really need them you know this is in Thailand where this restaurant is so like if you can't fit

through the first three bars you know you can't get through the rails no you know no wontons for you yeah but what kind of anorexia look at the 20% you have to be a freaking toothpick to get into that like what kind of girls are you taking out? Get your ass through, get your ass through there. Get your bony ass through the 20% So then if you get a 20% discount, you're gonna eat more, you know? Put some meat on the bones.

I think like Betty said, it's creative, it's fun. I guarantee you like couples, it's gonna make you be like, oh you know what, I need to lose a couple. RFK just roasted the governor of West Virginia. Just to his face. He said, you're fat. He just said, you're fat.

You know? Like, lay off. Play that clip on. We have that one. And he did. He said, I'm gonna put you through fat camp. R.F.K. said it to his face. He's standing there on stage.

That's the governor. It looks like you ate the prior governor. Yeah. Play it. I'm for it. I said to Dr. Morse, or Governor Morse, the first time I saw him, I said you look like you ate governor Morris Lot of talk about getting healthy again, and I'm very happy that he's invited me to be his personal trainer

And I am gonna put him And I am gonna put him... Oh my god! I'm gonna put him on a really rigorous regimen. And we're gonna put him on a carnivore diet. Yes. We're gonna make him do... Raise your hand if you want Governor Morrissey to do a public weigh-in once a month. Oh, I love that.

Cooked! Whoa! And when he's lost 30 pounds, I'm gonna come back to the state and do a celebration and a public weigh-in with him. That's amazing! Dude, I love that. The Trump administration is bringing back bullying. If you rethink a lot of the old, if you rethink a lot of the old comedies and a lot of the old films from the 80s

you know the bullies enforce the societal norms and the standards right and These bringing back bullying, you know This I think is one comedy gold. It's funnier than SNL what RFK jr. Did there and then to well listen You're gonna live a healthier better life And you know something else? Pat and I will understand that. Oh, no, Adam will understand it too, because where we come from. You know what we were seeing there? It says, I thought I was looking at the underwriting model for the average life insurance policy, because the healthier you are, the better price you get. That's very interesting. And so it's comical to see it at

a restaurant, but you know what happens in real life? The healthier you are, you get. That's very interesting. And so it's, it's comical to see it at a restaurant, but you know what happens in real life. The healthier you are, you get benefits in this life. Interesting. Yeah. I mean, it's the exact opposite of what's going on in America for the last five, 10 years. I mean, this, this happened in, I believe in Thailand. So the chances of this happening in America are non-existent. They would just have, you have to go through these bars to get in there. They were just our fat sloppy overweight people here in America. Are they making people pay for a double plane tickets now? Exactly. There's airlines that are now charging people. Of course. They're trying to reverse the ridiculousness that's

been sort of pervasive in our country. I mean, half the people in America right here, just, just go through the front door, buddy. You ain't getting through any of these bars right now. You might have to pay double but all these things like do you remember when they were basically saying, so if you have bad credit, you actually will get a lower rate on your mortgage or your credit card because you've been paying your bills late and you haven't been establishing good credit. So you're going to get preferred treatment in the banks and

the economic system. It's like how does does that make any sense? Or like you mentioned, you know, if you're fat, you're big boned and they want to give you a free seat. It's like, no, no, no, you got to pay double for those seats. It's the reverse. It's just reversing the, the imbecility of what's been happening here. I guarantee you one thing. When Trump is president, you will not see a trans woman when a beauty pageant. Do you remember how many trans women have won beauty pageants all across America, all across the globe trans woman bought the pageant. Yeah. Those days are women by all women. And it was a dude talking. Those days are done. So, all right, let's go to to the next story Ben Shapiro says Peter Navarro should be nowhere near trade policy

This is media matters Ben Shapiro host. Okay, so is this a clip Rob? Yes, go for it Well, this has led to what is the most obvious proxy battle in the administration between Peter Navarro and Elon Musk Elon Musk has been just beating the living hell out of Peter Navarro online. He called him yesterday Peter ritardo. Peter Navarro said to Elon Musk, he said that that Elon's a car manufacturer, but he's not a car manufacturer. He's a car assembler. And then Elon responded, quote, Navarro is truly a moron. What he says here is demonstrably false. And then Elon responded, quote, Navarro is truly a moron. What he says here is demonstrably false.

And then again, called him Peter ritardo and said he was dumber than a sack of bricks. I mean, I'm on Elon's side of this one. Gotta be honest, I think that Navarro's policies here are ridiculous in the extreme. The White House was asked about this and Caroline Lovett gave the best response. She says that this is boys will be boys. Yeah, except one of these boys built trillions of dollars of value in the extreme. Eyebrows are. The White House has asked about this and Caroline Lovett gave the best response. She says that this is boys will be boys. Yeah, except one of these boys built trillions of dollars of value in the economy and the other one of these boys used a pseudonym Ron Vera in order to promote his cockamamie economic policies.

So one of your boys is in one of your boys is Dougie Hauser over here and the other one of your boys is is the bizarre dude from the Goonies. So great. Here we go. These are obviously two individuals who have very different views on trade and on tariffs. Boys will be boys and we will let their public sparring continue and you guys should all be very grateful that we have the most transparent administration in history and I think it also speaks to the president's willingness to hear from all sides. Caroline, I love it. Benny, I want to ask Benny, can I ask you a question?

I don't know, something in the past year has happened to this guy. I used to watch Ben Shapiro, like, I mean, bro, when he was on Piers Morgan and showing the Constitution and being that guy Let's and this is in regard to Trump and when I want to I want to ask you this question So in 2016 he backed Ted Cruz. Okay, and then lately is it just me? He's just been anti Trump with his rhetoric and my drew Trump He's the most pro-israel person on the planet Trump is the most pro-israel president that we've had this is from BB Netanyahu He's the most pro-Israel person on the planet. Trump is the most pro-Israel president that we've had. This is from Bibi Netanyahu. He's complaining that Israel took off the tariffs. He's like, but Trump is still putting tariffs on Israel.

He came out a couple of weeks ago and he said- I have a friend in the jewelry business. Yeah, exactly. Exactly. And then, Betty, he goes, I think Trump should pardon Derek Chauvin, which if you really think about it, what that would do to the country and to his presidency would be not.

It's a terrible idea. Horrible, horrible idea. So I was wondering, what do you think about, is it his, what do you think he hates about Trump? Is it politics or he just has a personal issue with Trump? I think Ben Shapiro has always disliked Trump and he's made that very clear. I think that the Daily Wire has gone through

some rocky times as a company. And I think that the Daily Wire has gone through some rocky times as a company. And I think that they're trying to cozy up to Trump for that exact reason, right, to try and like reset the company. But listen, like America first means America first. That means that this country, our children are going to be raised in this country. We put this country ahead of other countries. And so whether it's a Ukrainian flag or whether it's an Israeli flag, I'm against anybody who's going to sit here and try and co-opt a movement and say, but actually I'm going to be a dual citizen or I'm going to be in favor of some other country over America. I'm going to see some other country as an escape. And I don't want that. It just

doesn't matter. There's Ukraine flags in my neighborhood. They sicken me. It makes me I'm disgusted by it. I feel the same way about that as I would about a Chinese flag, right. Hang in the neighborhood during this trade war. I think that you have to choose. And it goes back to the, it goes back to the metaphor of turning the lights on and see who's trading in favor of your company and investing in the equities of your company and who has their foot out the door or is betting against you.

Now, to the point that Ben is making here, and I think that's part of the drop off, right, is like, part of the drop off is like, we, like, the America First movement, there's been a lot of people that have tried to like glom onto that, right, when it's convenient or when it's the popular thing to do. And a lot of people who've backstabbed President Trump when it's fashionable to do that and I think that's where the struggle is coming from with Shapiro to his point here about

the Team arrivals is what they called it with Lincoln right when you have like people in your staff that are fighting each other This is a very good thing. This is a very positive thing You need fresh minds and you need smart people And you need people that are uh that believe in something so much they'll fight for it And that's a very positive thing to have in your country It's a very positive thing to have in your company. It's a very positive thing to have in your administration What was your problem with what ben said though? What had ben said that you didn't like?

You're asking Vinny or you're asking? I'm asking both of you guys What had Ben said that you didn't like? You're asking Vinny or you're asking? I'm asking both of you guys. Peter Navarro went to prison for Trump. Peter Navarro decided, he got charged by the DOJ because he wouldn't communicate with the January 6th committee, so calling him a bozo or whatever pejorative, I think that's deeply unfair. No, he said that's what Musk called him a moron.

Right. So I just think that it's, all I'm trying to say here is that the team of rivals is good and you should want that and whatever anyone's personal opinions on this it's very powerful to have people that believe in what they believe so strongly that will fight for it. Donald Trump just this week brought Bill Maher to the White House. That is a that is an unbelievable genius move. Bill Maher is a weapon for his enemy. Donald Trump is bringing, first off, it shows total magnanimity for Donald Trump. Donald Trump's bringing in people that are the weapons for his enemies and then turning

those weapons against his enemies. What does Bill Maher go do? He sits down with Chris Cuomo and has this like lavish conversation about how much he loves Trump. He literally says I love this guy and that is a total 180 reversal for One of the most powerful voices on the left that was calling Donald Trump Hitler just a couple of weeks ago Mm-hmm. And so I think it's a genius move. This is what Trump's always done in his businesses. And so This is you know, this I think is a huge quality of Trump, not an error.

Adam. I'll just get right to it. So whether it was Ben Shapiro, whether it was anybody else commenting on this, the issue that you're bringing up with the team of rivals, that is the point. Whether Ben is pro-Trump or anti-Trump or pro-Elon is almost irrelevant to me. It's the two factions that now coexist within the White House. You're very apropos with the whole team of rivals. So I talked about this the last time when we were dealing with the whole H1B visa situation.

You have MAGA 1.0 that basically started in 2015 and you have MAGA 2.0 10 years later in 2025. And Peter Navarro is basically like the economic nationalist version of Steve Bannon. He is MAGA 1.0. He's basically very against the technocracies and the big corporations and what's happened here in America. And then you have Elon Musk sort of representing the more libertarian leaning corporations, maybe a little bit more friendlier to China version of globalism, wanting people, you know, bringing in the brightest minds in the world. Remember when Vivek was dealing with all the drama, who was Vivek fighting with specifically

on was it was it JD Vance? Who was Vivek fighting on over the H1 visa, visa situation? Do you remember that? I don't remember who he was. But the point is, it was the Steve Bannon wings of the part. It was Bannon. It was Bannon. That's what it was right there. But that is the now current makeup of the team of rivals. And I'll just say this, MAGA 1.0, you needed Elon to win. You needed people like Vivek to win. So when Steve Bannon gave that Trump basic saying we want converts to the party, but you sit in the back of the room.

Remember he said that to Elon Musk. If I'm Elon Musk, I'm looking at Steve Bannon. I go who the fuck are you? What role are you playing at this point? I put 250 million dollars into this campaign. I'm doing Doge. You're just a talking dude on the internet at this point, homie. So is Mago 1.0, the Peter Navarro, Steve Bannon wing of the party important? Of course it is. That's the base, but you needed somebody else to get your cross the finish line. So they need to respect each other and the team

of rivals should coexist. But again, team Elon is basically where I'm at. Yeah. I think what a daily wire right now is going through on the stories that are out there. I get it. That's annoying. Running a business is very hard, especially when you're public. So you got to try to balance running a business and deal with the public life. That's very difficult. It's very annoying. And sometimes you take a position and you're like, ah shit, this was, maybe I could have approached it differently or you took that position and that 100% is you and you're gonna get some flack with that position

that you're gonna have. So whatever they're going through, they're going through. In a situation like this with Navarro and Musk, she's right, credit goes to Trump that he's okay with these guys on his team debating each other to see who's going to come up with a better idea. I actually love it. I love seeing this.

That they're able to go back and forth. Same situation when Musk was having issues with Altman. He says, look, they don't like each other. It's a lot of people I don't like. What are you going to do? They don't like each other. They got to deal with it. It is what it is.

I'm okay with it. It means he's been in situations like that of running a company, running a sales team, and having five kids that sometimes the kids are going to go through and you got to let him flush it out and go through it. This isn't his first rodeo. Got to love the fact that he has that kind of experience. All right, let's go to the next one here. Next story. Florida Senate approves ban on geoengineering and weather modification. Vinny, I'm coming to you with this one here. Next story, Florida Senate approves ban on geoengineering and weather modification. Vinny, I'm coming to you with this one here. Let's take a look. Rob, do you have a clip on this? I do. This is Governor Ron DeSantis talking about the

bill. Go for it. Senator Ileana Garcia has legislation in the Florida Senate to ban geoengineering and weather modification in the state of Florida. I support the legislation. However, the Florida House of Representatives has gutted Senator Garcia's legislation, and they would actually codify the practice of geoengineering and weather modification. People got a lot of kooky ideas that they can get in and put things in the atmosphere to block the sun and save us from climate change. We're not playing that game in Florida. I support what Senator Garcia is doing and I hope that people will tell the House of Representatives in Florida, do not gut this bill.

Vinny. Do you realize what he's saying, right? You guys know what geo modification and Rob, we talked about this on the unusuals. I just want to make a point. This is another theory that we've all been talking about, that everybody calls us nuts about weather modification and chem trails and all the stuff that they put in the air, and it turns out that we're right.

It's actually happening, and he's saying we don't want it in Florida. They put stuff in the air pad that makes the sun reflect so we don't get hot because of the temperature. And it's like he called it out and said that we don't want it in Florida. So that just proves, Tom, they're trying to do it. If not, they have been doing it.

And that's what they do. They mock us. They say that we're crazy. They say we talk nonsense. Until the documents come out and a freaking governor has to come out and say stop it and don't do it. And think about it. All this stuff that they spray in the air, we're breathing it.

It's coming on our plants. It's going on the food and then we wonder why respiratory disease is up cancer is up. The food is trash Everybody's getting poisoned and the water sucks and they act like it's business as usual. So it's not a freaking theory It's another lie that's been exposed and I love it Well, you know, it's really interesting about this when you dive into it, you know who the penalty is for well It's for aircraft operators. Weird! So we're going to find a hundred thousand, five thousand, and five years in prison for aircraft operators.

So guess who you're not talking about? The companies that are making the chromium sulfate and all these other things that are in the atmosphere. Aluminum oxide too. Correct. And there's things that they put up there to prevent global warming and reflect the sun. But there's other things they put up there because they want to create cloud seeding and they want it to rain. And so why would this be an issue in the state of Florida?

Well, because we have a big agricultural industry here and you've got companies that's like, hey, I'd like to help the agricultural industry you pay me this and you know I'll fly around see if I can make it rain Well, they can't so I don't know why this doesn't attempt to make the chemicals illegal because what they go after it says It's a third-degree felony. So in other words, it's the guy that flew the dope, but the dopes legal Remember I mean it's what it says. How old are you?

This is like an eight. How are you old enough to remember Alex Jones with a Nokia camera? It's Ken Trails. Ken Trails, you see him? They're Ken Trails. And now that used to be the cuckoo pants thing. You're a crackpot if you believe that. Now it's like you have to write legislation against it.

So who are the crackpots? And Benny, how many more things do they have to come out that we have to be like, we told you so? How many more documents? How much more CIA stuff? There's another, Pat, another story about the CIA. Pat, about Hitler, do you mind? Go for it. Hitler. So the CIA files reveal that the search for Hitler in South America, 10 years after his suicide, as Argentina prepares right now to release classified documents on Nazi fugitives.

So Rob, you did a story on unusuals, right? Even the skull of Hitler. What did they find out? Well, so the Russians tested the skull that they found in the bunker and what they say the skull that they claim belonged to Adolf Hitler was actually the skull of a woman in her 30s or early 40s. Which would have been Ava Brom. So the CIA... Wait a minute. Hitler was a girl? I heard he was dressed as a...

Whoa, whoa, whoa. Hitler was a they them? Yeah, he's they them. Hitler's proper pronouns. Yeah, that was hilarious. No, but Adam, so the CIA files are saying that the CIA was searching for a guy that everybody said committed suicide in this bunker but they they knew Hitler might have escaped so they kept looking for him for 10 years after but in the public eye they told that he was dead okay they chased leads to South America, South Africa and Colombia they had names they had locations and they followed tips from people who claimed they saw him and all that time the

American people were fed a fairy tale that he was in a bunker and that's a photo that they said that was leaked right Rob? Yes and that's him with another guard from the SS who had escaped to South America. Yeah so apparently and from stories Rob allegedly in the news Argentina was a safe haven for Nazis not a theory it's a fact thousands fled there the country is now preparing like I said to release the documents that could show who funded them, who moved them there, who protected them, and that silence wasn't an accident, it was by design. And again, going back to my point, how many times have we been lied to?

JFK, weapons of mass destruction, lied about Vietnam, lied about COVID, lied about Epstein, lied about every single thing that matters, and every time something like this comes to light, Benny, they're just like, okay, okay, yeah, you guys, next, and we move on. I think it's ridiculous I think the Hitler files come out before the Epstein files didn't have that on my bingo card so it's

called it's called a rat line yeah a rat line was a line that move was a a way of travel for tens of thousands they know that at least ten thousand or more Nazis got out of Germany through Spain to Spanish South America. And this is how Ratlines worked and some of the biggest names actually in some of the Nazi leadership got out through here. I think Joseph Mengele did. He was the worst. Yeah, that's right. He was an experimental doctor. Yeah, that's right. And they went and they lived, some of them lived till very old ages in Argentina and I think were never caught.

And so that's something that did happen. That's 100% real. Some of them traveled by boat, some of them traveled by submarine. And there are zero, zero forensic remains of Adolf Hitler that has ever been uncovered inside of a bunker in Germany or in the Soviet spy museum. Yeah, and by the way, the CIA, you don't chase a dead man unless you know he didn't die. Period. What are they searching for?

You're not searching for Hitler if he... It doesn't make any sense. You know what I mean, Tom? Yeah, and it's like the people that say that Ken Lay didn't die and Ken Lay went down to Belize. That was chilling there for a while. Right. You can you read the same thing and so someday are we going to find out that people with powerful friends like escaped and got to some other places? You know, what I what I love is that God is a just God and they cannot run God. Amen. Yes, that's right. Is Epstein alive or was that like a fake Epstein on the stretcher? He interviewed the brother. What did the brother say? He had a lot of things to say. A lot that day when he came in. But

in regards to whether he's alive or not, he's saying they killed him. That's what he said. The brother did? The brother said they killed him. Because people on the phone are like that's not actually Epstein. My's not what his nose looked like. That's what it was. I'm just sitting here learning a lot. I thought we were talking about geoengineering and weather modification. And I'm just glad that we confirmed that the Holocaust did happen. Thank you. There's been a lot of debate about that.

So thank you for confirming. When we talked about Ron DeSantis, I didn't think we were going Hitler, but Vinny, well, you didn't know. Well, you didn't know that Obama and Bush Jr were cousins. I'm here to teach you. No, you're teaching all of us. I got to shake your little head. Yeah. No, I learned a lot. Thank you. You know, being born and raised in Miami, I've never had to worry about whether it's raining or not. It happens. I didn't think that Hitler'd come up in here. When I think about making it rain, being in Miami, I'm thinking of fat Joe and Lil Wayne at club 11. That's what I'm thinking about. But thank you for clarifying and thank you for teaching.

I'm going to enroll in Vinny's geo engineering coming soon. But question to you, and your unusual suspect circle. But question to you, does it bother you at all that the governor of the state that you live in is saying, don't spray stuff in the sky to mess with Florida. Now hold on Adam, and I'm talking about your breathe, the stuff that just comes, we're by an airport, right? The stuff that just comes out of the fuel, fuel alone is not good for us. I get it, we still have to fly. But if they're spraying stuff because they think that we're messing up the atmosphere

and the ozone, that should be a problem. And it goes to my point that what the Hitler story came in is they have been lying forever, forever. And this is just another one. The Hitler one was just in my... It's one of the stories. Hey, who's they? They them.

They them. They them. That's a callback. Yeah. gotta make sure so it's more than one Yeah, more than one then he's out with it. I'm just genuinely grateful that you're on this topic Yeah, and I'm just gonna focus on you know the markets and then all that you just keep in touch with engineering Let me ask you a question. Maybe they'll bring Hitler back with the wooly mammoths Bring back Hitler raise him so you could kill him Hitler back with the wooly mammoths and the same boot tagging. That's the scary part. Exactly. Yeah, the wooly mammoth. How did I know you were going to... The wooly Hitler.

Yeah, they should bring back Hitler, raise him so you can kill him. Right? If you had a chance to kill baby Hitler, would you? Yes, I would. We are just all over the place. Go to the website and get the future looks like bong so you can think this way. Anything else with the two of you guys? You guys are good.

I think we're good. No, him and I, him and her, they, them, we're gonna go have lunch after this. Yeah, you and they, them. All right, let's do this last one here, Kai. Panama Canal. Panama files criminal charges against Chinese-linked canal port owner CK Hutchinson

for breach of contract. So Tom, when I'm reading this, what it tells me is the fact that they want US to own that place, not China to own that place. That's kinda how I'm reading this. Let me read the whole story and then I'll come to you. Panama's getting a phone call, that's what happened. Well, Panama's getting a phone call.

I see what you're saying, got it. So Rob, I'm trying to find a page. I don't know if I got it here. So Tom, why don't you tell us what's your biggest takeaway from the story with Panama Canal and Panama Not being happy about it. So Panama's Comptroller General. So this is a government official. This is like the guy in their, you know Congressional Budget Office equivalent in Panama is saying that a criminal complaint by the government has been filed against Panama Ports Company which is subsidiary of Hong Kong based Hutchinson Port Holdings which is the WK Hutch and the guy Lee Kashing and so what people are speculating and I am and I don't think this is a conspiracy, it seems

kind of weird that a deal with BlackRock was almost done for the two key ports because there's many ports but there's the key ones, Balboa and whatever the other one is, Diego or whatever it is. Diego Garcia? Yep, no, no, that's in the Indian Ocean, that's the base. Anyway, there's two key ports there that BlackRock had this big deal to buy from, you know, Lee Cash in. And all of a sudden he gets a phone call apparently from Beijing that says, maybe slow roll your purchase here.

And he said, well, I'm still upset with you. And they said, I told you to slow roll your purchase. Then Panama comes out because the US government was the ones that wanted BlackRock to buy this thing. The administration thought it was a really good idea for BlackRock to do this. So I feel like the CIA or somebody is called Panama and says, excuse me, it is a really good idea

for BlackRock to do this. Yeah, well, China's stopping the Hutch guy, Lee Kashin. He said, are they behind on their rent payments? Have they paid their taxes? Do you have any outstanding parking tickets? They're behind a lot, by the way. Turns out they're behind on more than a parking they paid their taxes do you have any outstanding parking behind a lot by the way? And they're about turns out they're behind on more than a parking 300 million dollars right and then we said perfect

Start the process to seize it and that's what this is this is the government starting the process Basically to foreclose this way see what you which you have here Which is exactly what the US would want. And it says, you know, because we can have a little auction and oh, BlackRock will show up and win the auction. And they get the ports anyway. So I feel like what we're watching here is a 3D chess game with the ports in Panama being played

because it is strategically important to do what needs to be done here and I think it's it's gonna get done one way or another and this is one of the or another's. Got it. Benny, do you have any opinions on this on Panama Canal? The Panama Canal is ours. What I mean by that is it's sovereign American territory. The only reason the Panama Canal exists is because America went and built it. And then when it was built, it was American sovereign land for 10 miles north and 10 miles south once the canal was built. That lasted for 100 years. Why we gave that back is so

stupid and it's so dumb. It is ours. You go down there, there are American military bases, there's American construction, the entire thing was totally laid with American blood and so this this has kind of this this history to it that is not Chinese that does not belong to our enemies and I think it should belong back to America I really do I think it's like claiming almost like a birthright for something that couldn't that that wouldn't have been possible without our country. Other nations tried to do it. France started the Panama Canal. They couldn't complete it. They couldn't get it done. And they failed. They abandoned it. And it was America that stepped in. And also one final thing, very interesting, Panama

is not a real country. Panama belonged to Columbia. Panama became a real country with American might and naval resources to build the Panama Canal. So Panama should thank us, the leaders of Panama should thank us for the existence of their country, just like China. Do we have a clip of Pete Hegseth talking about... People forget about that part. Panama literally was the Alaska for Colombia. Yes. It was this thing way over here that you owned. Interesting.

Yep, that's right. What is this, Rob? This is Pete Hegseth. He was at the canal, I believe this was yesterday or on Tuesday where he talks pretty much about what Penny said. So that's Panama City, Panama, not Panama City by Florida. That's it. Correct, he's at the canal. Panama City nightlife is phenomenal.

Spring break, it is a spring break time of year. Secretary Pete's also in favor of that. Go ahead. That's messed up bro. No it's not. He likes the party. Stop. Go ahead.

Go ahead, Rob. Go ahead, Rob. Panama and the United States, less secure, less prosperous and less sovereign. And as President Donald Trump has pointed out, that situation is not acceptable. We are grateful to President Molino, Minister Abrego, and your teams, along with the Panama Canal Authority, for responding to these threats and safeguarding the canal. President Molino's decision to withdraw from the Belt and Road Initiative reflects his government's clear understanding of China and the threat it poses.

I want to be very clear. China did not build this canal. China does not operate this canal. And China will not weaponize this canal. Together with Panama in the lead, we will keep the canal secure and available for all nations through the deterrent power of the strongest, most effective, and most lethal fighting force in the world. That does kind of look like right outside of Club La Vela in Panama City.

That does look like it. Adam, go ahead. I think what I find is interesting is that of all people to be speaking about this, why the Secretary of Defense, not Secretary of Commerce, not anybody who specializes in trade, not Rubio, not Rubio, Secretary of State, like why Department of Defense? That's my only question is because it was the because Panama exists because the American military Panama was part of a different country. is because it was the because the Panama exists because the American military Panama was part of a different country we decided as an American military

movement and strategy to break that off to align with the Panamanian Independence Party and to make Panama we made Panama we made great again is a great we made Panama great again and Greenland you have the argument. Greenland was administered after Denmark fell to the Nazis in like, I don't know, a second. Greenland then technically was like, uh, what are we going to do over here? And it was minutes before Nazi submarines and U-boats were showing up on Greenland. It was the American military that protected that island and that protected that island in our hemisphere and was the administrator of it for the entire war and So and we get no thanks for that and instead they spit in our faces

And so I love the return to Pax Americana. I freaking love it. I live in in the golden era What I think is so incredible is you know, we talked about this the other day but like how Trump is gonna Where would you deal with Iran yet? We're dealing with the border. We're dealing with Russia. We're doing a crane with Israel. We got Greenland. We got Panama. We've got, we're making the Gulf of America. There's so much stuff going on that when did you ever think about the Panama Canal before Trump? When did you think about Greenland? That's right. When did you think USA has taken over Gaza? He's doing so I don't know if this guy sleeps at this point

I love Now let me tell you what did happen earlier today that everybody on the news is reacting to so at the at the border This guy's did you see this clip of the guy jumping him? So there's this Rob if you can prepare this So there is a guy look at this this immigrant legal Lies in press play This is the border. This guy just comes over. Who the hell is that? Look at this guy.

So he looks European, like maybe even a German going to Argentina. Now Russian. Watch this. This guy works out. Look at this. Barbed wire to what kind of wall do we have what and he's in shorts look at Who is this third world? There's a Chinese Oh my Benny comes and he's got a guy. Oh, they've got to go home, and he's got a backpack full of fentanyl The walls don't work, you can go over it. You gotta go home. Before we wrap up, today's a great day. Today's the greatest man's birthday today.

My dad today turns 83. No way. 83, the man. He turns 83 today. Pop, at in bed to daddy, you're probably gonna see this year. Happy birthday, family loves you, We love you here. You're, you're, you're incredible. That's him right there in the picture. Look at that picture

to the left. Zoom in a little bit, Rob, if you can't, is there a way to do it? The pictures with DJT? Yeah, look at that. That's a him and Trump at the podcast said with the family, with the kids, with everybody, even Vinny, look at Vinny at the beginning, go to the other side, see which picture you got of, is there any pic in here? There is. It's right down here. There it is. Which is this one? Look at that. You and Tico as usual, talking politics. Look at that, talking politics from back then.

And that's little Dilly boy and Grace and Shani. Look at that one right there. That's Tico boy. That's what? Look how small he is. Oh my goodness. Look how small he is. Anyways, Pop. Happy birthday. Happy birthday. We love you. We will see you soon.

And we're gonna have a good time. To another great year. We'll see you. Anyways, Penny, great to have you on. This was a blast. This was a blast. Looking forward to doing this again. Amazing.

Do you have any behind the scenes Trump story for us when he was here? Anything you have never told anyone? Yes. Since he's on screen. Wow. Yeah, we have some real good ones. Real good ones. Because in the middle of it something had to happen. Where they had to leave 45 minutes early and we had prepared for a 90 minute interview. And it was a three minute negotiation

live. We had to cut that clip. And he and I and nine people in front of us. Rob's in the room. Rob was going back and forth, and then right there he told us, we gotta go 45 more minutes, and then we did the whole hour and a half interview. The guy was a blast from the beginning, he came in to the end, his team, class acts phenomenal, easy to deal with, smooth, even them,

even though they have the guy that's the president, the billionaire, the celebrity, they were hospitable, they were respectful, class act, beginning to the end. Beginning to the end. And it was great to see. It was great to see with them. Anyways, guys, take care, God bless. Do we have a, yeah, tomorrow, podcast with Ilya Tuporio is going out, and then we'll

do this again next week. Take care. Bye bye, bye bye.