PBD Podcast - Colin Kaepernick Accuses His Parents For Racism | Ep. 247 | Part 2

Episode Date: March 15, 2023

In this episode, Patrick Bet-David and Home Team will discuss: How much should a president sleep  South Korea increasing their work week to 69 hours to increase fertility  Colin Kaepernick Accuses his parents of racism  Elon Musk building a village for his employees  FaceTime or Ask Patrick any questions on https://minnect.com/ Want to get clear on your next 5 business moves? https://valuetainment.com/academy/ oin the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Text: PODCAST to 310.340.1132 to get added to the distribution list --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

Who's going to know your schedule better than the press secretary? Who's going to know your schedule better than the press secretary? Your wife. Okay. Well, your wife. Yeah. The Butler that brings you the coffee, unless if your guy named Bill, maybe it's a grown in Monica, but for the most part, it's your

press secretary right to go there. But I want you to see this clip. Morning. How you doing? The way she says it, she's so proud when she says this. I was just gensake. You got to see this. You'm just Jen talking right now. You gotta see this, can you play this clip?

And that's what people need to hear from them. Now, it's important to note, President Biden does nothing at 9 AM. He is a night owl. So the fact that he is doing this at 9 AM anyway speaks to how vital the White House recognizes it is for him to have his voice out there, conveying that to the American public. All right, Steve Rutgers, thank you. recognize it is. So him to have his voice out there. conveying that to the American public. All right. Still a brother.

Thank you. And he's so committed. You know, our president is so committed because he took a night. And you're meeting Tom. He took a nine a.m. meeting. American people should be thankful for the prep. There's only one position. You said not one.

Pat nine a.m. And by the way, the way she, can you play that? She's so proud when she said, I think we need to listen to this one more time. Watch this. Just one more time. Look at how proud she is. Now, it's important to note, President Biden does nothing at 9 a.m. He is a night out.

That's amazing. I think he's doing this at 9 a.m. And he's a night out. By the way, if you're Trump or the Santas, that's how the ad is got to start. Go to exactly President Biden does nothing at 9 a.m. You know what I would have? Press play. A list of things that happened at 9 a.m. that were bad.

Press play? We'll need to hear from them now. It's important to know President Biden is not saying anything. Okay, start from right there. Go to exactly where you think he says it. Yeah, and try to find a time. It's important to know. I think it's a little bit further back.

Let's go back right there. Let's try this. It does nothing at 9 a.m. It does. He is a night owl. So the fact that he's doing this at 9 a.m. Anyway, speaks to which by the way, I don't know any old man that sleeps until 9 a.m. Most people are up at the crack of dawn anyway. That's that's actually because your body is kind of program

Yeah, what's that I would like to know, man, Ariana Huffington, I'm telling you it. I don't care. I don't know how you brought her up. If she was my wife, great book on sleep. No, no, no, no, she was my wife. I guarantee I get an extra five minutes of sleep. And I'm telling you the, and Biden 9 a.m. Come on. That was supposed to be Joe. I guess my, yeah, okay, there you go. I was like, you're hitting on Ariana. I'm the pun.

I just have it. No, no, no, no. My, my, my question is, he's hitting on Ariana. I'm gonna put it right there, we're just having, no, no, no, no. My question is, he's a night owl. What time's he going to bed? I don't see Biden up till 4 a.m. just getting it in. I think he's, you know, or maybe they couldn't find a better way to what is he wanted off.

But do you really put Biden as somebody that goes to sleep at 2 a.m.? No, that's what I'm saying. I don't, I don't, I don't know what's going on. I will say this. If you're the enemy, if you're China, if you're the same Iran. If you're Russia, by the way, if you see that,

what do you think if your enemy, his press secretary says, if the president does, you know this is an important meeting because president doesn't do anything at 9 a.m. Not a good look for Joe Biden. By the way, not to get all, you know, somewhere sad here. That is like, people move the Sabarines at 8 a.m. No problem.

Well, this is an article from the independent from 2021 that says that the president begins a short walk home at 7 p.m. Unlike Mr. Obama and Mr. Trump, who sat up late into the night reading briefing documents and watching right wing cable news respectively Mr. Biden goes to bed relatively early This this is so it's not a night out. Rob you just rocked her With what you just said and it also says up here that she in the mornings his day starts at 9 a.m When he has coffee with his wife before he sits down and takes calls and

They start at 9 a.m. when he has coffee with his wife before he sits down and takes calls and everything. So he sleeps for 13 hours. That's insane. I mean, dude, like he's got to write a book, sleep 50% of your day. Sleep when you're dead. That day is weird. Do you remember what time the first plane hit the World Trade Center? 9.11?

6.30. Was it that? 6.30, 6.30 Pacific Standard Standard Time, 9.30, Eastern. I thought it was eight something, no? Anyway, I was at the office. So, anyway, things happened very early in the morning, okay? The first plane to hit the tower at 8.46 AM. Okay.

And then the second tower, 9.03, yet. Okay, so yeah, so point is it was right before 9 a.m. and then right at 9 a.m. And that's where I was going with this. Well, that's too much because it's 40 minutes too early. So he's got to tell the next time somebody wants to attack. Listen, moving forward, you can't attack us 3 9 a.m. That's fucked up.

Because that's a guideline. That's the president's guideline. And he dictates dictates the terms of war. Okay, we cannot go to war from 9 p.m. to 9 a.m. Off limits, right? By the way, this is a joke, but this is the funny part. It's not a joke. This is,

you're saying that he's literally sleeping on the job? No, here's what I wanna know. Do you think when she made that comment, her phone blew up afterwards and you're the frickin' press secretary, former? What the hell are you saying? Why would you say something like that? That is gonna be the perfect ad

for anyone to use against Biden for 2024. She just gave one of the best ads out there. She got a bunch of texts. Thanks for the help. Yeah. Well, this, this is sort of counterintuitive because all we hear is that it's sleepy Joe. So it's maybe maybe there's some validation that's going on here. And he can maybe is actually sleepy

Joe. By the way, I'm telling you, if there's any stuff that somebody could say that could finish your campaign. This statement's like this, that this could cause you to not have a chance at nobody can have a reputation like this in a marketplace. No one. Nobody can have a reputation like this in a marketplace. There's nothing about this that benefits and strengthens your country going up against

the real bullies in the world. By the way, let's say it's Trump Biden, you know, I'm just, I'm already anticipating, because they all have canned lines. I'm already anticipating Trump being like, you know, you're sleeping on the job type of thing. You know what he's going to say? He's going to say, you know how he said to Bloomberg, he said, uh, uh, when he said, uh, you know, I don't know why apparently Bloomberg's been asking about a stool to make him look taller. He said, I need it too. I don't know why he's asking for.

But I'm here. He's going to say something like, look, I'm here and Biden's talking about the fact that 6 p.m. debate is a little too late because he's got to go to sleep. That's what I'm here in the marketplace. Because he got to go to sleep and he doesn't do anything before 9 a.m. So I mean, this just gives an opening for easy shots to take in. But then again, Biden can be like, listen, Trump, I can beat you in my sleep, buddy. So don't worry about that. So he might have a can line too.

That's a pretty bad one though. That is a pretty bad one. Let's talk about South Korean government proposes increase in work week to 69 hours from 52. I'm sure a lot of Americans are wanting America to potentially take this idea. Here we go. This is business life.

South Korean government plans to increase the maximum working hours to 69 and allow for banking over time and exchange for time off, replacing the 52 hour work week law introduced in 2018. The new proposal aims to provide more flexibility in the labor market promoting family growth and improvement of fertility rate projected to it a global law of 0.7 in 2024 and pros and workers would agree on whether

To count over time by the week month quarter half year full year up to 29 hours a week of over time A lot for periods of month or longer over 29 hours of over time can be 29 hours of overtime can be exchanged later for time off of unspecified raid. While the government argues that allowing workers to spend a crew to overtime of vacations will enable people who want to work less such as parents or caregivers to do more to do so. Some experts are skeptical about the proposal's ability to reduce working hours. Tom, what do you think about this article?

If they're trying to get people to work longer and solve the fertility rate, I think they're got, they're trying to burn that candle at both ends. I don't think that works. I think somewhere, some place in government, the maximum work week is 69 hours. So that would be, if you looked at an American 40-hour week, that's 29 hours of overtime. So maybe that's working eight on Saturday, extra five hours every day. That's a lot of overtime. So I don't know. Propose more flexibility in the labor market.

It sounds like it's less flexibility because you're working more and improve the fertility rate because you're never home. I don't know how that works. Yeah, I agree with Tom on this. I'm doing the math on this. By the way, 69, but this seems like a number Elon Musk would make his employers work like, yeah, I want you a clocking in at 420 and you work 69 hours a week, wink, wink. That seems very Elon Muskish, but 69 hours divided by five days,

if that's how often you choose to work, that's 14 hours a day, okay? And we all know that you only get four hours of sleep these days, so that's the number right there. So you only have, sort of amount of time to do your thing. 69 divided by six days is 11 and a half hours. If you do the 52 hours a week divided by five,

that's 10 hours a day, I think this is an ongoing conversation that we continue to have. You know, the work life balance, the four day work week, which you just did a great episode on that, on value-tainment, and then the bigger question,

do you live to work or work to live? And have you seen the trending topic on TikTok these days about this? It's like moody Mondays or something like that. I'll find the story, but it's basically like how young people don't necessarily have to work on Mondays. Have you seen that?

No. I'll find you this thing. But could pull up the fertility rate I sent you right now, countries, take a look at this time. Lowest in the world is Taiwan. Then South Korea, Singapore, Macau, Hong Kong, I mean, top five, all in Asia, right? Oh, bare minimum Monday is what it's called, by the way, bare minimum Monday, which is what that's the trending thing on TikTok right now Let me let me show this yeah go to the Puerto Rico. I mean, how is Puerto Rico so low? The people in Puerto Rico are beautiful like that should be like 4.8 right

Prince version of Bosnia, Romania, Japan, Greece Prince of Virginia Bosnia, Romania, Japan, Greece. Greece, they don't even work. You have all the time to make babies. Paul and Portugal, Croatia. Bosnia, one of the most beautiful cities on earth there. What were the stats that we did the other day about? You said, where's the most beautiful women in the world? And you said, it wasn't a city you went to. Oh, the bravenant, Croatia. Yeah. There's no way Croatia's on that list, 1.44. Groven it Croatia. Yeah, there's no way Croatia's on that list 1.44.

Well, listen, you know, when I wasn't married and I was single, my favorite place to go read books was Croatia. Incredible libraries. Okay, so Andora Slovakia, Serbia, Italy, Hungary, these are some low numbers. You know, by the way, put the highest fertility rate, flip it. Let's see what the highest fertility rate is. These are for the lowest fertility. Lois, not having kids, not having kids.

All right, not having kids. Oh, is it in Mexico? Highs fertility rate by countries, what? Wow, 6.9. That makes sense. Go. A lot of his in Africa. I mean, yeah, Somalia six point oh All Africa. Yeah, it's all Africa. Well when you have no economy You have time on your hand look at this South Korea the lowest fertility rates there it is that's why they're implementing this

So so can you can you go back to see if the list goes even higher like they need a lot of Africa But they had a they had a lockdown top. No, no, not this one. That only shows top then that's where you are Go to another one to see if we can go even lower Yeah, like I want to see more than just 10 now. This one's only gonna give you a few What's the highest? zoom in see if we see anything Some other one would keep going lower keep going lower keep going on in it. I've got a stand 4.72 Sudan Zambia Cameroon. Yeah, I mean, that's pretty well to be at point nine

Point nine, so I don't I don't I don't understand the correlation with the amount of hours you work. Do you know why? I mean, dude, I don't know how many people like work, you know, like I work. I have four kids, like you mean to tell me you don't have time to make babies? Wow. Well, more you work the last time for leisure. So that is, that doesn't make any sense.

You know why that doesn't make any sense? Okay, Greece is known as the lowest working hours, when the lowest working hours in the country, they don't work that many hours, they're not even making kids. So the correlation to me doesn't make any sense. Well, go back to that thing about South Korea. They're the lowest in fertility,

yet they want to increase the working, right? They want to increase in amount of hours. I just pulled up this article, psychology today. Why does South Korea have the lowest fertility rate in the world? It says the vast majority of young couples in South Korea end up having one child because of high child care cost. Young couples also have delay, having children

because of expensive housing to increase fertility rates. South Korean government should implement long-term plans to reduce child care and housing costs. Okay, so that's the reason why there's more affordable to have a fan. There's no way it's because you don't have time. There's no way you don't have time. I mean, how many, go to the Fortune 500 company CEOs,

how did they have all these kids? Well, they got money. Housing and... But there weren't any concern. It's, they got money. Housing and, but they're worried. It's not a concern. It's, it's, yeah, exactly. So it's, it's got nothing to do with the number of hours you work. Why do soldiers have so many kids? You know, it has to do with money. It has to do with other than it's not just about you don't have time. It doesn't take 22 hours to have sex. You

mean, it's, it's a, if you do, I mean, it's respect. You're the goat. Good job. Well, he imagine like, yeah, no, he definitely wasn't a 22 hour guy. He does 20,000 numbers. He was more like a two minute guy. Hit it in quitter.

He has like 20,000 is a tough number to get. Donald strived through him, and he had an interesting here. Here, I like where you went with this pad, by the way. I'm focusing more on the work component. You're the more focused on the fertility. Not the fertility. It comes down to money, FTM, follow the money.

That's what it comes down to, huh? It comes down to money and culturally, what's your saying? Okay, religion, culture, like I don't know the philosophies of what they, what they're teaching from the top. Whatever the influence at the top is saying they're gonna do, okay? Whatever, you know how we looked at the Muslim church, Muslim denomination, how many kids there have in versus Christians? Yeah, they're Christians.

Yeah, it's not even close. It comes from the top. Whatever they're saying at the top, they're doing it. Mormons. What are Mormons known for? What's the joke about Mormons? They got 20 wives. Yeah, and not the wives part, but that's the first place you go to.

Oh, yeah. Where were you going? It's like a fantasy for you. No, when somebody, definitely don't have 20 wives. When somebody has six kids, what do they say? You must be a moron. Oh, you got to.

Because they from the top, they're having a lot of kids. This has got nothing to do my opinion. I don't think the primary factor is, I think it's other things, not the number of hours they're working per week. But it's a good way to spin it, if people want to spin it. Let's go to the next story.

Iran and Saudi Arabia signal the start of new era with China, front, and center. This title just doesn't sound good, period for America. Saudi Arabia and Iran have agreed to reestablish diplomatic relations, making a market a major shift in their decade-long rivalry that has defined the Middle East region. The two countries had been in talks for nearly two years, and their diplomatic breakthrough was unexpected, yet not surprising. China played a key role in the negotiations highlighting its growing influence in the oil rich region which may have repercussions for US influence in the region.

The announcement could her herald the end of a long standing era of conflict in the Middle East. The debt goes far beyond the resumption of diplomatic relations and Saudi Iranian officials will work to revive old security cooperations and technology and trade agreements. Tom, thoughts on this one here. This is a CNN story by the way. There is one thing that China needs more than anything else long-term, that is energy. We all know that's the one thing that they don't have natural resources to support. And so they need energy deals and they've been

out cutting energy deals. That's point one. Point two is China always plays the long, long game, not just the long game, the long, long game. And they're looking at strategic, they've been looking at the whole Silk Road initiative and a path to the Middle East, originally through Afghanistan. And this is them making friendships in a region,

getting their hands on long-term energy contracts, and extending their influence on a world stage. With people who, you know, in one way, you know, Iran is a bit of an orphan who needs some friends. Saudi Arabia isn't really the more of opportunists, but this is trying to play in a long game and getting energy in their pocket. Yeah, I got to tell you, I did not see this coming whatsoever. I mean, if you know anything about the Arab world, it essentially breaks down to Sunni and Shia, right? And Iran is the number one Shiaid country in the world, I want to say. And Saudi Arabia is the mecca, literally, of Sunni Muslims.

And I thought I was under the impression that they were mortal enemies. That was my assumption. And to see that China is at the center of diplomatic relations between Sunni and Shia Muslims, is wild to me. And I'm wondering, where's the US in this? What role is Israel playing in this?

We've seen that Prime Minister Benjamin Netanyahu, not so subtly referenced the fact that he's been working with Saudi Arabia and other Arab countries. And he's kind of said, I was making peace with the 99% of the Muslim world before he gets to the 1%, which is the Palestinian situation in Gaza and the West Bank.

And I'm wondering what this type of relationship with Saudi Arabia and Iran even looks like. What type of diplomatic relations will come from this? What China's actual role will be? And again, where's the United States in this situation? Because I mean, you grew up in Iran, you know You the government is constantly saying death to United States death to United States but the people tell a different story there and

Saudi Arabia is caught on quote wink wink our ally and I mean, I think we provide them with a vast majority of their weaponry and I don't know. Is this a good thing for the world that Saudi Arabia and Iran are resuming diplomatic relations? A good thing. Rob, go on Google.

If the average person wanted to search the following, Iran's number one enemy. Like if you want to find that Iran's worst enemies in the Middle East, how would you search it? What would you type? Iran's enemies, yeah. Okay, worst enemies. Okay, going that. Let's see what in the Middle East. How would you search it? What would you type? Iran's enemies, yeah. Okay, worst enemies. Okay, go on that. Let's see what comes up.

Okay. Israel, Saudi Arabia. If you go, Right now, which country is the enemy of the Iran? Yeah, if you go, you'll see Saudi Arabia is like on top of the list. To the middle of the picture. It's at the top of the list, right?

So here's the point. These guys. Until now, okay, until now with the help of China. So if during your reign, your enemies unified together, you officially became the worst enemy America's ever had. So let me unpack that right there. you officially became the worst enemy America's ever had. So let me unpack that right there.

If a leader, if a leader, you know, when years ago, we were, had just started our insurance company. And competitors of ours eventually word got out, which was awesome, because they would call me and tell me this, and they would say, the following, a guy wanted to leave one of our competitors. And in that company, they would call me and tell me this and they would say the following a guy wanted to leave one of our competitors And in that company that would say we will leave you alone and not sue you if you go to any company except for one company And you cannot go to PHP with Pat you can go anywhere, but you can't go there okay

So those people would call me and they would say can I have a call with you? Can I ask you why they're saying this? They said to me I can go anywhere, but I have a call with you? Can I ask you why they're saying this? They said to me, I can go anywhere, but I can I join you? Why is that? I said, why do you think? I don't need to tell you, why do you think? Well, I don't know.

It's now everybody is asking, why do they want us to go anywhere? They won't do anything to us, but if we go to you, we're gonna sue you. Okay, so guess what? What do you say to that? Is that a good strategy? Is that a bad strategy? You got to give credit. They're better off, not me, you know, them unifying with me as an enemy, okay? Because your opponent is getting what? Stronger and stronger and stronger. They were taking the

right position, credit to them as a competitor. But think about it if all of a sudden all your enemies that are leaving you under your reign, they all choose to unite. They hated each other a year ago. They hated each other five years ago. Not their best friends. How does that happen? In life, there's cause and effect. What caused it? This is the effect. What's the cause? Is it the cause of the way a president handled Ukraine and Russia conflict?

Is it the cause of how Biden handled his foreign affairs? Is that the cause? When is the last time you've heard China, Russia, Iran, and Saudi Arabia now be in best friends? Yeah, certainly not Saudi, the rest of them, yes. You add that to the list, what kind of power now do they have? The amount of power they have now is multi-dimensional.

They got oil scored away. They got manufacturing scored away. They got manufacturing scored away. They got nuclear bomb scored away. They got a lot of things scored away. They definitely got land scored away. And so now it's going to be what? It's not going to be EU and US. And then you have China, Russia, Iran, Saudi. And then they're going into Africa. China is, because they're going out there and buying all those, you know, the land to hop on with their, you know, batteries and lithium and all cobalt and all the stuff that they're, they're being so strategic themselves, okay?

You gotta give them credit. Strategically, China's out-strategizing US today and US keep sending more and more money to Zelinsky. And Zelinsky has so much control now over the US where he has the audacity to say, to say, if the war gets worse, American parents will be losing their sons in war because they're going to have to send their sons. I'm preface and what he said. He's saying that American kids are gonna have to go to war. Who the hell are you to make a comment like that? But here's a part.

What did the US president say? Nothing. If Zelensky makes a comment like that, and the US government doesn't say anything about it, have you seen this video or no when he says this? You can, a, uh, uh, US will have to send troops to fight in Ukraine. Who the hell are you? To say US will have to send troops

to fight the war in Ukraine. Like, I'm sorry, are you officially the president of the United States? Or are you the president of Ukraine? Are you, you're not responsible for our kids and what they're going to be doing. But the fear tactic works on what he's doing. So, that's the one I think right there.

Zoom in a little bit to see if this is the one. Does he say it in English or is it translated played? Let's see if what's here. The US will have to send their sons and daughters exactly the same way as we are sending their sons and daughters to war and they will have to fight because it's a nature that we're talking about that will be dying.

God forbid because it's a terrible thing. Do you realize what that like you're speaking on behalf of our kids? Who the hell are you to even have the audacity to talk like that? Do you understand what I'm doing? Do you understand the rage to have a guy

who's sending you money, you're talking like you are, like our president reports to you? The other day, ESPN came out and apologized, yesterday for comments made by Kendrick Perkins and the girl from first take, what's her name? Molly, Molly comes out and Molly says, there were certain comments made by Kendrick Perkins. And the girl from first take, what's her name? Molly, Molly comes out and Molly says, there were certain comments made here

about the fact that 80% of NBA voters who vote for MVP are white. Those stats are not true and not only not true, they're drastically wrong. And we just wanted to correct that. Her words, okay, to check who, ESPN has to sit down as Kendrick, you can't say stuff like that. You were wrong okay, to check who, ESPN has to set times Kendrick, you can't say stuff like that. You were wrong, right? You were wrong. You know, if you know if somebody

like that says it under your administration, you and I are talking and this guy says something like this, guess what you have to say the next day. You have to say we understand the pressure President Zelinski is under, but with all all do respect president zilinski we decide when we send our sons and daughters to war not you we that is our responsibility i understand you're losing a lot of loved ones and a lot of kids you don't get to make a comment like that that's gonna get a phone call from

the five minutes after he make it makes a comment like that that's a few of the president i agree with you and i'm very incensed by the comment. But what I was asking myself when I heard it was, why does that guy think it's okay to say that? Who is giving him the impression? In any way, at any time that it's okay to say that, is he just outside of his mind? Is he just have big cajonais?

Why would he think it's okay to say that? Who's giving him would he think it's okay to say that? Who's giving him that impression that it's okay to say that? Because if you're the leader, he doesn't even say that, I don't think. But also, by the way, if you saw the end of the clip, he said, because NATO would have to step in. And one would say, all right, there is an agreement with a NATO. We're NATO. But they're not part of NATO, even. That's correct. Your crane is not part of NATO, even.

That's correct. Ukraine is not part of NATO. It's one of the so-and-excuse's started this thing. Exactly. So that's the whole justification for this invasion. So if a NATO country says something like that, what is that called like amendment two or whatever the number it is,

within the NATO clause, would you attack one country? Yeah, yeah, yeah. We all must defend it. So whatever number it is. Right. If a NATO country says that, okay country? We all must defend her. So whatever number it is. Right. If a NATO country says that, okay, that's part of the agreement, but you're not part of NATO.

Correct. So there's sort of an entitlement situation that I think is happening with. Right, it's one of us is all of us. Right. What is that NATO provision right there, Rob? I don't know if you want to go that real quick. But back to the China, Saudi, Iran situation,

you know how they say what the enemy of the enemy is my friend, there just seems to be a, well, that situation going on here. All of that happened under his reign. All of that happened under Biden. Article five of NATO, that's what, all of that happened under Biden. Article five of NATO. All of that happened under Biden. Unifying the enemies.

You get to take that with your legacy with you. You strengthen our enemies and brought them together. Congratulations. My biggest concern is Saudi. Under his watch, watch what's happened under his watch. You unify the enemies. We lost our weapons in Afghanistan. Under his watch, watch what's happened under his watch. You unify the enemies. We lost our weapons in Afghanistan, okay.

A bank or two went out, went under, okay. This is all under your watch is what's going on. This is all under your watch. And if you go to prior administrations, no banks under Trump, these issues weren't happening in China, Iran, any of that stuff, and you were not having those issues with Afghanistan.

And that comes down to management, it comes down to leadership. I don't know if I want to hear this, but you have to be able to set it aside and realize. These are not good things. Those guys, those four getting together doesn't help America. And if you're watching this right now,

you're yourself and you're saying, wow, can't believe you're saying this. You're only like a spokesperson for such and such. And this is what you are. I can't believe you're saying this, Pat. No, no, think about your kids. Don't think about your arguments that you've had to defend because of your mom, dad, or professor, or teacher,

whoever actually think about it. What happens if you're a gang in the streets and four other of the biggest gangs who hated each other and killed each other, they joined forces? What happens to your community? Did you get safer? Is it safer for your kids? If you can still sit there and say,

I'm gonna be okay, no problem. But if you sit there and say, this is not good. Yeah. Then next time around, think before sitting there and saying, I just don't want to get that guy out there because I don't like the way the Santas or Trump or this guy the way they talk. They don't seem like they're gentle leaders. Yeah. You definitely don't want your leaders to be gentle towards the enemy. Yeah, look at it this way. There are players in every major sport that would rather work for a soft coach and cash the check. They don't have a burning desire to go win championships. They'd like to win a championship, but they'd really rather have the easy check,

the soft coach, and a good city. And then you have people that want to work for an easy boss, a soft boss, and work from home and have it easy. Well, let me tell you, when it comes to your country and it comes to world stage, you don't have that option. That is not an option that's available. And I will forever remember Trump's handshake with Putin. I remember when I'm talking about Pat, where he pulls him in tight, it's like, what are you doing?

Dude, you know, and I will remember how he made the Chinese nervous on trade. Now remember how he sat there and told the German representatives in NATO you got to pay your fair share. Let me tell you, you may not like it. It may not be the guy you want to work for or a coach you want to play for, but that's not the way this works when it's your country. And that's not the world stage that we live on now. And that's not the reality of life we have. You have to have solid leadership. And under Biden's watch, these things have happened and they're not good. Here it is. I love this. You see a little tug there, you know what that means. That's his move. Pompeo Kushner. It's it's a there messages in there. Of course there's a message and I'm just saying for me in every situation like this

There you can't you have to draw the line and not let people do certain things and that's unfortunately happened Let me go to a golden sexs, just said yesterday, Tom. Goldman Sachs is no longer expects the Fed to hike rates in March. City's stress on banking system, this is a CNBC story that just came out, this comes out after regulations, announces measures to prevent the spread of contagion, fall on the collapse of Silicon Valley Bank and the closure of signature banks, citing systemic risk. In the light, in light of distress and a banking system, we no longer expect the FOMC to deliver a rate hike

as its next meeting on March 22nd, said Goldman economist John Hotsu on a Sunday. No, Goldman has previously anticipated a 25 basis point hike, last month the rate Federal Reserve opened, Federal Open Market Committee increased the federal funds rate by quarter a percentage point to a target range of 4.5 to 4.75. It's highest since 2007. The bank still expects to see 25 basis point hike in May, June and July with a terminal

rate expected to be at 5.25 to 5.5. What do you think Tom? Is he going to increase it or is going to stay flat and not do anything for a minute? First of all, I got to remember who's talking here. Goldman Sachs is talking. It has hasn't had the best of quarters has been laying off people and there's even been uh... you know some very carefully written on

articles talking about david salomon but goldman said this on sunday goldman is lobbying to go back lower because it helps the banking industry it helps him get cheaper money uh... that's what they're begging for. And by the way, Goldman is the same guys that worked with Silicon Valley Bank, you know, from two weeks ago, and couldn't get the deals done and couldn't get all that put together. So this is Goldman, I think, just kind of out there, you know, you know, can herfing for moisture, just trying to,

you know, grab a little bit and lobby. The other banks that are out there saying, hey, given a little uncertainty, we think 50 basis points off the table, probably just be 25, I think that's our gonna see. But this was Goldman on Sunday, lobbying and hoping in my opinion. And they're in a weak position. They haven't had a good couple quarters, as you've seen.

I guess my question is, you know, you got Goldman saying some things, you got Barclays saying some things, you got the Bon King, Jeffrey Gunlack saying some things, everyone's going to give their opinion on this. Is Jerome Powell going to be swayed by anybody? Jerome Powell is on a mission right now to bring down inflation. He's fighting that with the interest rates, obviously unemployment is also a factor. Jerome Powell, he's been battle tested. He's been through multiple administrations at this point.

Is he going to continue the course with these rate increases? Is he going to stand pat as the Bond King Jeffrey gunlight kind of pointed out? That remains to be seen like it is a bank failure or multiple bank failures like this enough to uh... diverge his is expedition of increasing rates uh... he's done a pretty good job of saying sort of uh... agnostic to what the

president's have to say and what banks have to say you saw that his uh... interaction with what was that Senator Kennedy, Kennedy the other day. From Louisiana. Yeah. Louisiana when he gave him a little breakdown right there of all the interest rates. I'm not picking on you. I just want an answer. I'm caught in picking an answer.

So the gun like the bond kicks said the following is just to save the central bank's credibility. They will probably raise rates to 25 basis points. I would think that that would be the last increase. He gun lag does not think that the Federal Reserve is going to slow down because of this. There's a lot of different perspectives here. There's Goldman same one thing. There's gun lag same one thing there's gone like saying one thing there's bloomberg saying one thing bloomberg says that

fed fenders of your own pal plans to erase interest rates at a faster uh... pays to curb inflation has been disrupted by the collapse of silicon valley bank in signature which has cost financial instability meaning they're saying that he may not now is this uh... indirect way of Bloomberg and Goldman trying to talk to Powell to get him to say, don't do it by putting fear in there? Who knows? Yes, they're making Kelly hosted a debate. I don't know if you saw this or not. Vivek

Ramazwani was on there with David Sacks. It was a very, it was a 90 minute. Vivek's everywhere, right? It was a very, very good debate. And Vivek did him back down about his argument. And they actually went at it. It was a very good position. Both of them presented a very, very good debate. And Vivek didn't back down about his argument. And they actually went at it. It was a very good position. Both of them presented a very good argument. Vivek said, you went out there and you put so much fear that they finally said, fine, here's what we're gonna be doing. We're gonna do a backstop and bail out the customers.

And he's saying that is still the wrong move. And David is saying you're being irresponsible to think what you're thinking. I'm thinking about more the people. And then Vivek said, these are people that, you know, they're not the small time business owners. They're the bigger ones. It's not just a small and middle income guys that are being hit.

The point is, we don't really know what Powell is going to be doing. I don't know if Powell is the type of guy that is super predictable, where he's going to, I think he is a sensible guy that he can be convinced, but he also has a backbone, meaning, which is exactly place to be. I put him a high score for being able to reason in this specific context. I see him hearing out from everybody that calls him

and saying, hey, they probably have a list. They probably have a list of banks that are next. Can you pull up the list of banks that are next, just put like the next Silicon Valley banks? Who's on the list of the next Silicon Valley bank? Whatever, if you search it or it'll come up, they have a list of banks that they're looking at. And they know where they're at

because many of these guys have to report their names. And the more these lists become public lists, okay, meaning if there's new names that pop up, think about what you're thinking if you have your money in that bank. You do not want to be on any list right now by any credible source. You understand what I'm saying? So isn't the list to be on? No. So imagine the call being made to Jerome to say hey

Jerome here's what you need to know If you increase the rates you will officially be the first Federal Reserve chair to have seven bags go under do you want that part of your legacy? Let me say this one more time Jerome Powell if you raise rates quickly like you've been doing There's another seven banks that are like Silicon Valley bank that are gonna get hit, and they're in the top 38 and they're $100 billion of banks.

Do you want that part of your legacy? And Jerome has to really think about that. He really has to think about that, especially when you look at FDIC and FDIC's got how much money? 125 billion. Can you look at how much FDIC has right now? If you go look at how much FDICS right now,

I saw a number the other day, 35 billion as of yesterday, or something like that. How much does, what do they have? Look at this as of 2022. But do they have the number as of 2023, okay? So they have 128 billion give or take to cover one point, 1.26% of a total 9.9 trillion. So that's not billion, trillion, right?

So I do think Jerome has to think about his next move and how quickly increases rates. I do think he has to think about that because he could potentially, that the fear that the opposing side could put on him is you will be known as the chair where the most banks went under your leadership. I don't know if he wants that.

And I don't even know if that even does anything to his decision-making process. Well, we talked about yesterday, we had a guest on yesterday who talked about that, he thought with the new depositor protective in place that protects against the bank run because everybody can calm down there and say, you don't have to run the bank, if something ever happened to your bank, there's going to be a backstop from the federal government and

this $25 billion fund that's been set up. And I said, I thought there was a 25% chance of it happening, and specifically I meant, first republic, because there are, and I characterize them yesterday as I do now, as they're kind of hopping on one leg. And that's where it's going to go. So I'm not changed from yesterday, even though I read a ton of stuff, early this morning PBD, if there's ongoing jitters, which really seem to be calming pretty quick in banking, I think he backs off the 50 because he doesn't want to jitter the system, but he's going to

keep going after inflation. And I don't think it has to do. It's really interesting. The central bank's credibility. What do you mean credibility? This is not a thing where you say, I did what I said I was going to do. No, things happen. The economy moves around.

We just saw over the weekend. A lot, things happen. The economy moves around. We just saw over the weekend a lot of things happen Well, sometimes pretty damn quick And so I think he looks at it and says is everything calm down enough? Are we gonna spook the system? No, okay, well then I'm continuing with point two five because we got to continue this March against inflation And I think he's got a backbone. I thought he looked pretty impressive We were making fun of Kennedy and I'm sorry that anybody was offended by me using that voice. But I thought Trump how handled himself pretty well and pretty stable at that hearing. Oh, yeah.

By the way, Rob just did a quick poll. 97% of the audience was offended by the way you're fun of candidates. I just want to make sure you are aware that please work your never condescending approach towards the candidate. You know, I'll go down the new one. Everybody in my shred. Let me, let me, let me read a super chat here by Paul, which, which is kind of interesting. So shout out to Paul. Uh, uh, Powell will continue to raise rates, stress testing the vulnerable ones, then build them out. I mean backstops, shore up the bank, making them even more powerful as Americans get crushed and lose.

Okay. Powerful or powerful. Well, there's a plan where I like that, powerful, but you know, he's saying powerful. By the way, there's a part of what he's saying that he's got a very good point because think about it this way. If, you know, the establishment and if, you know, if these guys truly want to eliminate smaller banks and to make this thing even more nationalized, this is what I do. Centralized banking.

If that is truly the agenda, hey, Jerome Powell, if you really want to do that, don't raise it by quarter, don't do a half, go three quarters of a basis point. If this guy goes half or a hundred basis points, if he goes half or higher, then there's a community of people that will say, I think they kinda do wanna get rid of the smaller banks and bring them together. I don't know, Paul, if I'm there, where you are right now,

but if it does happen, there's an argument for that for sure, because it is strengthening the top four five banks that they would sit there and say, big thank you. I'm sure if Powell raised the rates, anything half or higher, he may get a nice bottle of wine and some nice cigars from the top five banks in America saying, hey, you're amazing. Well, I just got a text from Jamie Dimon. Um, we're up for three quarters of a point. My boys are ready.

Hell. Oh, my God. I just got a text from Senator Kennedy in Louisiana. He's got his, uh, he's got his eye on you there. It's a biz duck. Oh, no, not happy with your impersonation. Hell, I'm gonna go up for, I'll buy my nice red fish dinner down there. It's delicious.

And oh, that's appropriating a cation culture. No, except if you're down there in Louisiana, you can get it fresh and it's delicious. It's fantastic. Let's talk about building a community. Red beans and rice. Let's talk about building a community, which is what Elon Musk is doing.

Elon Musk bought us out to make a tiny village for his workers. Elon Musk has spent millions purchasing land in a small Texas neighborhood in Bastrop, outside of Austin City limits to build his own little village near Tesla SpaceX and boring companies. Musk's vision is to create his own utopia where his employees can live and work.

Some of the locals have already sold their land to Musk, but while they were initially told it would be used for workers' housing, they learn later that Musk planned to build a town, however, Musk called the Wall Street Journal report that he is building a town false on Friday. The idea of living in an unregulated private town or city has risen in popularity in recent years.

In practice, it was one of the newer projects, funded partially by Peter Thiel. The goal is one of the newer projects, funded partially by Peter Thiel, the goal is to build a city outside of the United States and free of government control. There's interest for that. I have a question for you. Go ahead. Anytime you use that sarcastic slow voice, you have a strong opinion on something like that. So tell me, Patrick, why did you read it in that tone? What are you feeling like this? You know, I just like that he's toying with people. I love it.

I love the fact that he's toying with people and messing with people and just getting them to constantly talk about what he's up to. But by the way, if he's doing this, what's wrong with it? Say he is doing this and say you work for Tesla and say you ask for it. You know, we have some guys here that, you know, we were about to make that offer on that 11 acre land

that we were looking at. You know what a lot of people ask for? Can we build some boxable homes there? Yeah. Can we get five or 10 boxable homes where we can rent? The idea of wanting to build a community is not far fetched or anything. There's a lot of other people that wish,

that wish they had the kind of a culture where the people would want to build a community. That's called, you're making great cultures. Not by force, it's by choice. You don't have to live there. It's purely a choice and a benefit and an add-on. So whether he's doing this or whether he's not doing this, there's no difference between what he is doing

or what Disney World did in Orlando. When Walt Disney was using other people's names to buy up land, because they didn't want to sell it to him directly, and then all of a sudden they're like, holy shit, this guy bought up all the land, and he built his own zip code, or two, or three, called Disney World.

Elon's just building his own Disney World. Shout out to him. By the way, I'm all about the company culture, and when you were gonna maybe make that $13 million offer on that $40 million condo in downtown Miami at the Thousand Biscayne Museum, the Hadid Building, I was willing to sacrifice my lifestyle to live in that ridiculous penthouse you in Miami.

Very pan-training. I'm a teem-laid pet. I'm a teem-laid pet. So if that's what you wanna build, do you wanna build that community, that small village in downtown Miami and you need a team leader? Yeah. Just sign me up, Pat. You're like a great war body willing to go bobbin beyond and sacrifice yourself. I was just going to say it comes down to sacrifice, Pat. And I'm willing to sacrifice what I'm doing

right now. I'm going to live in the penthouse. I'm going to try to hold'm doing right now. It's an emotional moment. To live in the penthouse. I'm gonna try to hold it together. I'm gonna try to hold it together right now. So I think it comes down to the plan. Team Jack stick and you are kissing some major butt at the moment. No, by the way, he knows how much I love heights and the balcony, like what I would do is every night we'd have dinner in the balcony. That's what we would be doing every night.

So let's go to this calling Kaepernick story here. Colin Kaepernick accuses white adoptive parents of problematic upbringing perpetuating racism. This is not a joke, by the way. This is actually what he said. Okay. So, Colin Kaepernick, former LNFL star and activist used his white adoptive parents

of perpetuating racism in a new interview and his upcoming graphic novel, changed the game. Kaepernick spoke about growing up in a problematic household and how his parents tried to steer him in a direction. They thought it was best, which led to several fights between them and their adopted son.

One of those discriminant illustrator, and the novel was a fight over his hairstyle. Kaepernick wanted to wear corn rows, but his mother pushed back, alleging saying, oh, your hair is not professional. Oh, you look like a little thug. The lack of racial harmony in his home, own home encouraged Kaepernick to find community elsewhere. And he chose to pursue football career instead of a professional baseball

career because they were significantly more blacks in the NFL and MLB. Kaepernick still hopes to return to the NFL and has worked as an activist and advocate for social justice issues. I have like so many different issues with this article here, but I'll go to you first. Go ahead. I just... So, if you're Colin Kaepernick, you're adopted. By... What is... Where's parents white?

Where were they? Yeah, if you can pull up, okay. The Colin Kaepernick's parents. So, if someone adopts you, I assume they take you out of a foster care or of a situation that you probably don't want to be in. So this family adopts Colin Kaepernick, and now he resents the fact that they adopted him because

they're saying, hey, if you do certain things, people are going to judge you. You know what's crazy? I actually had a conversation, yes, you randomly, with our friend Jerry, who works upstairs in the sales department. Black guy, right? And he's sitting there with April, another black woman. Great, great duo if they're watching, shout out to them. And he literally just put cornrows in his hair. Did you see it? I go, hey, nice new hairdo. He goes, yeah, great, great duo. If they're watching shout out to them. And he literally just put cornrows in his hair. Did you see it? I go, hey, nice new hairdo. He goes, yeah, man, I've been wanting to do this

like for years, but my family, where I believe they're seven day advance, uh, Adventist. Adventist. And he goes, see, this is very much frowned upon. I said, oh, okay, tell me why. He goes, yeah, you know, cornrows, tattoos. This is something you just can't do. And he's a black guy. I go, all right okay, tell me why. He goes, yeah, you know, corn rose tattoos. This is something you just can't do.

And he's a black guy. I go, all right, explain to me. He's like, it's just, it's just frowned upon. He's explaining to me why I go, all right, cool. Got it. So this isn't a race thing. This is a culture thing, right? And so for instance, it'd be the equivalent of a white guy

just growing as long hair out and listening to heavy metal. And his parents saying, Hey, if you actually want to be taken seriously, you probably can't just, you know, look like Axel Rose out there or a slash just with hair flowing, if you want to actually be taken seriously like that. So wouldn't you agree that your parents probably, your adoptive parents want the best for you? It would just seem that Colin Kaepernick has sort of lost common sense. Tom. I would feel different than I do right now if over the course of the last 10 years you have been hearing him say, I only played football because I thought there was more racial

diversity in the sport. I didn't hear that. I didn't hear that. And no, we heard a lot about Colin. Kim and I saw him in the airport by himself, not very famous. And he was very chill. And I don't remember comments made like that. And then he maybe you can say he's repressed and all that.

But to suddenly come out and also didn't remember him saying You know, you know, I've lived in a repressed household. I just feel like you know each step he has to appropriate some other offense to continue to You know press his relevance and he is relevance. He brought attention to some things, some in the right way, some in the wrong way, and some were positive, some not. I'm just kind of shocked now that now it's time to, you know, go attack a bunch of other things.

And I haven't heard that his parents were these tough people. They adopted him, you know, adoption is an act of charity. You know, they owe him respect as he grows up, just as he owes them respect. It's called family. Let me tell you, man, I have so many problems with this. First of all, his biological mother, Heidi, I believe, Russo gave him up at five weeks. Until today, the biological father, they don't know who it is. It's unknown.

Okay. So if it's unknown, I mean, I don't want to get graphic, but you understand what that means. Yeah. The only way somebody's unknown is because, you know, you had a lot of different partners. She was very friendly, let's just say. Yeah.

So, okay, so let's put the perspective. Then there's the adopted parent, the parents that adopted you. So there's four the perspective. Then there's the parent that adopted you. So there's four people in this situation here for you to recognize and not recognize. Till 2021, he didn't want to meet his mother, his biological mother, for giving up for adoption. You have your father who you don't know who he is, you have your biological mother who you don't want to meet. Then you have the parents that adopted you, and you think you made it into the NFL.

Let me get this straight. You think you made it to the NFL all on your own? Seriously? You think you did that? And I'm sorry, you know, the role that parents play to buy the uniforms, to take you to practice, to be part of leagues, and drive you an hour or fly you out, and bring coaches.

And do you know how many thousands of hours his parents or mother sacrifice? And this is what you say, just to sell a story in a documentary. It's a slap in a face to parents. Do you know what this does to people that are considering to adopt? This is the fear of parents that are afraid to adopt.

You mean you want parents to put 15, 20 years of their lives into adopt in a kid and 20 years later to get some like this? Because now you have money, you don't need them anymore? It's the ultimate insult. It's disgusting if you ask me, there's no parent that is perfect, but anybody that chooses to adopt you, give you a home, take care of you, and now you have this kind of a life because of what they did to sacrifice thousands of hours.

There's nobody in the world. There's two people in the list of your life that you should never be able to criticize, and it's the two parents that adopted you. Those two people you need to lift up and turn them into heroes forever. You cannot say anything about those two, specifically in an embarrassing way like this. Adoption is Detroit anyways. And those parents did not care what color you were and they adopted you. Respect, respect to his parents for what they did.

And it is what it is. I remember watching a Super Bowl discandy game. I couldn't believe the stuff he was doing. I really enjoyed watching the Super Bowl San Francisco. The power of the game. Great game. Yeah. Okay, we're at the end of the podcast.

We're a minute over. We got some stuff today. I do want to say a couple of things to you guys. We're getting a lot of requests from different people and entrepreneurs that were having conversations with about anxiety, about mental and emotional challenges, some people that are going through right now with businesses. So I am hosting a webinar specifically for that topic

on March 28th at 6 p.m. Eastern Standard Time. We're gonna talk about hardship currently going on, dealing with pressures on how to thrive during turbulent times. This is if you're trying to figure out a way on how to be mentally and emotionally tougher in a strange time like this. This is the webinar for you, specifically for those

who are in competitive environments, you're running a business, you're an entrepreneur, you're a thriving person that's moving up, and you got a lot of different pressures, you're a parent, you're a father, you're a mother, you're trying to do a lot at the same time and get the finances in order. This webinar's for you.

The link will be in the description below. Again, March 28th, 6 p.m. Eastern Standard Time. Go and register for it and put it in your calendar so we can spend an hour together on March 28th, 6 p.m. Eastern Standard Time. Rob, do you have the link or have they send the link to you? No, yeah, but I'll get it and put it in. Let's get the link. Let's put in the chat. Mario Kai, if you're listening to the send it to Rob

has it to put it in the description. Gank, have a great day. We will do this again. I think Thursday with a guest, so we'll see you Thursday with a guest this week. Take care everybody, bye, bye, bye, bye.