PBD Podcast - Elon Musk vs Mark Cuban, China Invading Taiwan, the Return of ISIS | PBD Podcast | Ep. 346

Episode Date: January 5, 2024

Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana cover the day's biggest stories in business, politics, sports, and current events! 5:49 - Elon Musk's X has lost 71.5% in value since he purchased it last year. 19:56 - Mark Cuban and Elon Musk argue over DEI on X. 36:10 - 62% of small business owners earned less in Q4 of 2023 than in Q4 of 2022 45:30 - Mortgage rates expected to stay above 6% through 2025 56:15 - 17-year-old student shoots and kills one, injured five in Iowa shooting. 1:08:53 - Bill Ackman calls for the resignation of Harvard board members who supported Claudine Gay. 1:19:36 - Harvard launches Taylor Swift course for students. 1:25:45 - Blackwater's Erik Prince predicts China will invade Tawain in 2024. Purchase Patrick's new book "Choose Your Enemies Wisely": https://bit.ly/41bTtGD Register to win a Valuetainment Boss Set (valued at over $350): https://bit.ly/41PrSLW Get a free "Future Looks Bright" Hat & T-Shirt: Purchase two "Future Looks Bright" Hats and one "Future Looks Bright" T-Shirt & use the promo code "pbdpodcast2024" at checkout! Connect one-on-one with the right expert to get the answers you need with Minnect: https://bit.ly/3MC9IXE Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0 Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! SUBSCRIBE TO:  @VALUETAINMENT   @vtsoscast   @ValuetainmentComedy   @bizdocpodcast   @theunusualsuspectspodcast  Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N 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. --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

I know this life's been for me. Yeah, why would you bet on the life when we got bad data? Value payment, giving values, contagious, this world, entrepreneur's, we can't no value to hate it. I'd be running home, you look what I've become. I'm the under one. I love it. Okay, episode number one, Rob? What number are we on today? 36. What is it? 346. 346. 346. PVD podcast today. We were not going to do a podcast. But then yesterday when we did our part, we didn't get into a lot of the current events and we got a lot

of stories to get into. We said, let's do a part today. Okay, let's do a pot today, which is exciting. We got a lot of stories to cover with you. There's a feud going on on Twitter over DEI. I don't know if you guys are following this or not Mark Cuban, Elon Musk back and forth. Here's what DEI stands for. No, here's what DEI stands for then. And Elon Musk finally asks,

so does DEI apply to your MBA players? Like, you have an Asian women playing. A short Asian woman. That was fantastic. And they went back and forth, which was entertaining. And then Universal, officially, surpasses Disney. As top grossing studio for 2023, would you have guessed that would have happened?

Universal passes Disney, but then in the afternoon, like Tom said, C. double a inks and eight year contract with ESPN worth nine hundred and twenty million dollars. That's fine for sitting players in the NBA first which is great. I like this whole thing about teams being fine for finally. Yeah, sitting players. Fed official says rates could remain as high for some time. And, matter of fact, Goldman Sachs says rates will stay above 6% through 2025. Not even 2024. I don't know if I agree with that or not, but we'll see what happened.

We'll cover that as well. Apple stock downgraded as Barclays warns on cooling phone demand. Meanwhile, Microsoft is about to pass up Apple as the most valuable company in the world, you'll find out why. 62% of small business owners earn less money in Q4 of 2023 than they did in Q4 of 2022. Let me say that one more time. Two out of three small businesses in America

made less money in Q4 of 2023 than last year, 2022. Pretty interesting. Small businesses, by the way, this is not good because small businesses are 49% of jobs give or take in America. So that's not good news. Black water founder, Eric Prince predicts China will invade Taiwan in spring of 2024. Rob, run a poll. Do you believe China will invade Taiwan before the end of this year? Russia's Ukraine, Hamas, Israel, do you think China's going to capitalize?

We'll see. We'll talk about that. Islamic State takes responsibility for deadly bombings in Iran, Trump and the scientists target Haley with only 11 days left until Iowa, six greater killed, five others hurt and shooting at Perry High School in Iowa. I know you got some updates there. Harvard's new course. Have you guys taken this new course or no?

Have you and Adam taken a course? I've been all over this new course. Is the Taylor Swift course? Taylor Swift course. I'm only going to go to that school. I'm going to leave this. Adam got a name on that course. Yeah, yeah.

The Udemy board. Yeah. Epstein brother did an interview with Tucker Carlson, 27 minutes, it was fantastic. A lot of him tell about different people he talked about. Al Sharpton and Bill Ackman got into it. And Bill Ackman is now asking for the entire resignation of Harvard's board after Claudine Gay stepped down,

which by the way, even though she stepped down, you know, there's still pain or 900 grand a year. Because she's still teaching a professor. She's still doing it. Because nine. Well, you know that helps that one. Barack Obama calls and says,

hey, don't fire her completely. By the way, you know what the valuation of Twitter apparently dropped? This is according to Rolling Stone, the value of Twitter has dropped. Ready? 71.5% since he bought the company. Is that the fact?

That's the number of things. That's an insane number. It's got that. Why American CEOs keep quitting in record breaking numbers? And then just a billion dollar doesn't cut it to live on this exclusive island in Florida. And then Ray Epps, you know, that guy that apparently an inside job or not, DOJ declined to prosecute him. Now they want him sent to prison. Wow, I'm wonder why.

Oh, weird. And then we got a couple videos to show you guys. One of the greatest campaign videos of all time, the great Joe Biden campaign video. If you really want to start off your day being motivated, we will start off with that video just to get you fired. I mean, we'll quick recognition. Adam's the first person on Menect to cross 600 Menects.

Great job. Just last night, I did 20 Menects and I bought eight Menects talking to other users on Menect. If you are not using the app, Menect, relationship, convert. The guy asked me a question yesterday about marriage. Another guy asked me a question about a feud. He's having him with his partner. Another one asked me question yesterday about marriage another guy asked me question about a feud He's having them with his partner another one asked me question about you know a relative that's working in his company as a salesperson I got caught doing something. How do I handle this then you have raising kids then you got comedy with you then you got

Business stuff with Tom and getting your kids in big school then with Adam. I don't honestly. I don't know what they talk about I'm talking about a party and ladies girls' money. I'm gonna pay for one pet just to see what the hell he's about. Honestly, it's mostly like, hey man, I'm in between jobs. I'm thinking about doing this, I'm thinking about this. I thought it'd be more like dating relationships. That's kind of what it started. A lot of personal finance, that's a hundred. 100 people have paid to talk to you for a reason.

Yeah. So I'm sure you're giving them great feedback because you got a lot of five stars. I'm gonna go sexy. Let's get right you got a lot of five stars. How do you go, you'll be sexy. Let's get, let's get right into it. Let's get right into it. Let's get right into it. Do you want to start off with Elon Musk's Twitter deal?

Let's start off with that. Elon Musk's ex is worth 71.5% less than when he bought Twitter says fidelity. So fidelity is not like a, you know, a regular company. It's a multi, multiulti-billion dollar company with a lot of money under management. Here we go. Elon Musk's ex formerly known as Twitter

has lost 71.5% of its value. Since he bought it according to Fidelity one of the company shareholders, one of the company shareholders, this decline comes just over a year after Musk acquired Twitter for $44 billion and renamed it to X with fidelity estimating its current value at around $12.5 billion significantly low than Musk's own October estimation of $19 billion.

Musk's ownership of X has been marked by controversy with hate speech rising on a platform after his takeover, leading to major advertisers like Disney Apple IBM's uh severing ties additionally ex recently failed to block a California law acquiring social media companies to disclose their content moderation policy so Tom seventy one and a half percent of ex has dropped why do you think that is and do you think Elon's really worried about this number? I don't think he's worried about it. I'll tell you why. Elon Musk's ex is worth 71% less than when he bought Twitter. Interesting enough, Jeff Bezos' ex is also worth 71% less

because he's been giving away his fortune. Oh! I was a comedian. Singer! So, but no, Elon Musk saw this coming. He came and he bought this. And when he walked in there, and what was he carrying the first day

he walked into Twitter? Sink. Kitsink. I'm here to change. Let that sink in, right? So there we go. So he kind of knew this would happen, but you have to remember,

this is a public stock. Stocks go up and down. As soon as, and by the way, Disney, Apple, and IBM and some of the things, they're boycotting, in the backdrop in America is DEI kind of getting, you know, get its fingers slammed in the door a little bit, which means some of these advertisers are gonna be coming back and as soon as they come back is here.

But what is happening right now? Is Elon Musk a buy and hold guy when he buys things or is he a builder? He's a builder. He is building functionality, we're seeing it right now. We're seeing things happen. And by the way, Twitter's had outages. There's a thing about an outage this week.

But just remember, he is currently running the current Twitter with one third, the staff that he did before, and he's building new functionality in it, suffering with some things. But what's going on in the background is a stronger Twitter is emerging and as soon as the corner turns on micro subscriptions because he was charging people for the blue check and he's going to be charging people for other things. And he was a destination

for things like Tucker Carlson show. So there's a lot happening in the background while the pressure is on the stock and the advertisers are away. You know what's going to happen as soon as the advertisers step back and some of these other subscriptions go, all of a sudden Elon Musk is gonna make an announcement and a quarterly report just like he did with Tesla. Now, we moved, we sold a lot more cars and you thought we did, remember those announcements?

Yep, yep. Oh, he's got all these trouble and you know, you know, full self-driving, FSD has got problems. And he comes out, well, there may have been problems, but we sold 30,000 more calls, we thought. Also, what happens? Tesla is up at 260 or whatever it is, the single most valuable auto stock.

I don't think he worries about this. I think he's gonna make a comeback on it. But more importantly, right now, he's developing and adding things to it. Twitter is getting more valuable from a technology standpoint, not less valuable. So I'll give you a little feedback, Tom, because I agree with you for the most part,

it's all about timing. Short term, I think this is a freaking disaster. Imagine you buy a house for a million dollars. Million dollars. A year later, your house is now worth $300,000. Let that sink in for a second. Sink in, Tom. So anyone in the short term would be like,

dude, what the hell is happening here? Now long-term, I think we all know that he's a visionary, he's a builder, I think he's gonna build this thing back up. But let's not pretend that whatever he touches, whatever he does just automatically turns the gold. I think we're all fans of Elon, I think we're all seeing what he's doing with X formerly known as Twitter,

but this is not a good look. Not a good look. And last point, there is some press it in here. So you talked about stocks going off, stocks going down. We saw what happened to Meta. Facebook, when Facebook changed their name to Meta, tanked, tanked, now they're up as high as ever,

but they turned it around, but their business model didn't change and they weren't telling advertisers to go fuck themselves. So there is some uphill battle here with Elon. I think we all like Elon, free speech advocate, free speech absolutist, he's absolutely trolling everybody. Right now he's feuding with Mark Cuban. I think we all believe in Elon. But if this was your company, this was your house,

and you were down 70% in 14 months, you'd be very, very weary. I mean, nervous, but I do, you have to, could I take a step back? I don't know about the money. I know it's bad, but what he's doing for us as humanity, that we get to see now, because do it if you think about it.

If it wasn't for him buying X right now, would you be here? This whole Epstein thing, you would have heard it maybe, once on CNN, Fox would have been touching on it and it would have been gone. Thank God for him, because he cares about the people that we can talk. He loves humanity.

He wants to give us a forum and Adam, do you think he really, I mean, he cares about money or does he care about humanity? Does he care about letting us talk and letting us have these conversations? So you know what he's doing? He's running a 501c3 nonprofit philanthropic organization. God bless you.

Yeah. We see that like, if there's issues on the traditional social media, you know, whether it's YouTube, whether it's Instagram, what have you. Okay, let's go to X. He won't censor that. But if you're trying to make money, which a company is supposed to be doing, they're not doing it. Well, Sos, you would know this. I mean, X is not a dividend stock.

This isn't Hilton, IBM, AT&T, the classic dividend stocks that used to pay mom and dad. It's a private company. I'm in public anymore, right? Right. But the day he comes back out, the day he goes and the day this all comes back home to roost, you know, is he happy about the value? No, is the advertiser's leaving kind of a pain in the ass? Did he want to get on stage and says,

hey, Bob Iger and Disney, go off? You know, no, he didn't want to do that, but you know what? My point is, don't dance on his grave. And this thing, I don't think people understand what is coming back. You know, look, and then what I keep saying is, look at Tesla, look at full self-driving, look at the innovation, look at battery use, look at all the things that you're seeing in Tesla

that everybody else is doing. Look, Tesla is making contracts with everybody else to be the gas station for the EVs they sell. So yeah, real dumb guy here, as he's selling razor blades, everybody else is making razors. And so I don't think he's happy about this, but don't dance on his grave, baby.

I tell you, I really don't think he gives a shit. That's what I mean. I really don't think he gives a shit. Sitting there saying you guys worry about the stuff, tell the story, tell all the stuff that you guys want to talk about. When you trust yourself to know that you're going to deliver and you've done it over and over and over again,

your level of confidence is so high that when people second guess you, it's almost like, here's how life works. I had a meeting with you and I had this conversation together in Aspen, one-to-morning, right? And I showed it to myself, look, here's how life works. In life, the first time you cast a vision that you're going to win at the high level, okay? And you're on your peers. What happens? Like, like, Saul is

here upstairs, right? Saul, a friend of mine that, you know, him and I used to sit at Denny's and we would talk, me him and another guy and we would say, I'm like, hey, one day, and one day, one day, we're dreaming, dreaming, dreaming. How do you know the other person is real? How do you know the other person's not full of shit? How do you not know that? A lot of people are full of shit, right? Okay, then you fast forward, then you talk a bigger dream.

Then your friends are kinda like, yeah, so you know what you're gonna do this now, huh? So look at this idiot. He said, I don't know what you're worth. Where's your car, where's your money? And then people start working with you and then you sell it to them. Then they quit on you.

You're not gonna pull it off. You're not smart enough. You're not this. You're never, why would I believe they're capable of doing this? And who's right by the way? All of those guys are right. Because you haven't proven to the marketplace.

Then it happens. Then those guys call and some of them lie to your face and they say, what, we always knew you were gonna make it. And those guys call and they say, what, man, I'm not gonna lie to you, but I didn't think we would make it shit. I'm not being real. I was actually a hater and you know,

the fact they did it good for you. But now you go on your next run. And those people now say, what, well, I know he did it before, but there's no way in the world he's gonna do it again, okay? Now you have to go sell the newer people in your life and some of the people that were in your past life, they're like, no, I believe this guy.

So for example, David Sacks gets a call from Milan, guess what David says, no, this guy's gonna do it. Hey, what do you need it, I'm boom. So the people that are close to you, your level of reputation of marketplace they're gonna come through goes higher and higher and higher and higher and higher. But every single time, whether you like it or not,

the second guessing community is going to show up and they're going to keep second guessing you. And that's what Elon's going through right now. And guess what Elon? The difference for him today, he doesn't have to prove that he's smart. He doesn't have to prove to the world that he's rich. He doesn't have to prove to the world that he's a cool cat, he doesn't have to prove to the world that he's a great troll, he just has to ask himself the question, no one in the world knows more about what it is to build a trillion dollar company

again than this guy. The question is does he want to do it? And no one how he is, yes, what the answer is. Of course he is. Of course he is, but he's gonna go through his experience of whatever's gonna happen here with Twitter. By the way, this leads me to the EI. I'm just gonna ask you one question. Because he purchased Twitter X for $44 billion. $44 billion. How much was his own money that he put down?

How much did he raise? He did a little bit of both. He got a little bit of debt. It was a little bit of his own money. He sold a little bit of Tesla stock if I'm not mistaken, but yeah, he did a little bit of both. He got a little bit of debt. It was a little bit of his own money. He sold a little bit of Tesla stock if I'm not mistaken, but yeah, he did a little bit of everything. So let's say he put in 10 to 20 percent, right? Let's say he put in 4 billion, 8 billion, whatever.

That other 35 plus billion, that money, those investors, what are they thinking right now? They're like, this is a horrible investment. They have to be thinking, by the way, you nobody told you to get in. No one told you to get in. Don't get in. Why'd you get in? Who hit an arc, you know, whatever Kathy would,

whatever her name is, who told you to get in? Nobody told you to get in. It's a gamble. No, what are you talking about? You shouldn't have gotten in if you don't want this kind of risk. It's your risk tolerance. So fidelity, it's great you're reporting. You can bitch and whine all you want and kind of put it on him

that it's his fault. It's not fidelity because a lot of these guys have to write these bad articles about Elon to say that it's Elon's fault. It's not fidelity's fault. It's Elon's fault. It's not, you know, it's Elon's fault. It's not this one. I get it, but you made the recommendation to decline.

And we said yes. So one, at any line's fault, Elon get it, but you made the recommendation to the client and we said yes. So one, at any lines, it launched fall two, you made the recommendation three, the investor, the money person that put it in, you said yes. You should have known from the beginning what the risk was gonna be going into Twitter. Twitter was never going to be something you were gonna, but we knew they won, it was overpriced.

We knew it, we knew it, everybody knew it. He said he was overpriced. He knew it, we knew it, everybody knew it. He said he was overpriced by 50% within a couple months after buying it, he called it a non-profit. Yeah, with the bots and everything that was going on. So he was never like, Elon never, over sold Twitter at all from day one. Never. He always undersold. He always told you it's worth less.

He always told you don't do it. He's the guys that telling you, you sure you wanna go on this with me? You sure you, that's his way. And by the way, that's my style of doing it. If you don't wanna do it, don't do it. Hey, you wanna be married to me, it's gonna be hard. Hey, you wanna be in business with me, it's gonna be hard.

Hey, you wanna work with a startup, it's gonna be hard. He came from that approach, which is a right approach. So nobody else can bitch and whine about it that went in because he told you from day one, it wasn't worth what he bought And he went and by the way, they're not gonna wine. I just looked up real quick He brought in 7.1 billion dollars from the joke is that was Elon's friends and family and one of them was Larry Ellison Who put a billion dollars in and he says he's gonna turn it around. It's just a matter of when. And that was, so, and Ellison is not playing with this kid's college money.

You know, these are people, that's an example of what Pat just said. That is a long-term player that says, I believe in my- Not Ellison though. Ellison is different because Ellison is Musk. Ellison is Musk's mentor. So if there's any, there is the profile of guys like Ellison, they're not everybody everybody Ellison profile of investors make up a very small percentage to majority of other people when and say oh my god I'm about to 10x my money and about to 3x my money. No, you're not You're the people that should have never gone in with him because he's not that guy the Ellison guy He knows who he's banking on he knows who Elon Musk is he knows what he's doing

It's like I'm giving you this much money. I don't want this money returned for another five, 10 years. Right. I was just gonna say about time horizon. They knew that there's a 10 year investment. Not everybody. And not everybody thought that this is a five, 10 year investment at the minimum?

No, no, what I'm saying is not everybody knew and went in with that mindset. A lot of people just went in with the mindset of, you know, oh my God, we're losing money. Oh my God, what if this? I'm oh my God, let's make the return on this. That, those people made the mistake. Those people made the mistake.

Anyways, all right, so let's go into this next story which is Mark Cuban and Elon and the I. What page is that on Rob? If you can help me direct towards it. Ta-da-da-da, let's see what page is that on. That is page eight. Okay, here we go. Page eight, oh, billionaire Mark Cuban,

pushes back against elan musk again this time it's over d i okay so let's see uh... what's happened here and uh... but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but but defended the D.I. initiatives in the corporate world in a post on X on Wednesday. Cuban was also responding to comments made by Elon Musk whom he previously publicly criticized who equated the I would racism and a post on X earlier that day. In Cuban's view, D.I. helps companies find talent. They wouldn't discover otherwise without it.

People of various races, ethnicities and orientations will be regularly excluded from hiring consideration. Ethnicities and orientations will be regularly excluded from hiring and consideration According to Cuban good businesses look where others don't to find the employees that will put your business in the best possible position to succeed So companies that forgo DEI practices only stand to lose the loss of DEI Fobic companies is my gain Cuban wrote Musk at earlier written on X that D.I. is just another word for racism, shame on anyone else who uses it. By the way, go to Twitter and if you can put this exchange rob, I don't know if you have it, is that the one?

Okay, let me help you out, give you my, okay, first of all, discrimination on the basis of race, which D.I. does is literally the definition of racism. So show more, so by the way, on the bottom, yeah, show more, show more right there. Okay, let's read what Mark Cuban writes. He says, let me help you out and give you my thoughts on DEI, help you out, like Elon needs help, but let's help him out. Diversity, good businesses look where others don't,

to find the employees that will put your business in the best possible position to succeed. You may not agree, but I take it as a given that there are people of various racist ethnicities, orientation, et cetera that are regularly excluded from hiring consideration. By extending our hiring search to include them, we can find people that are more qualified. The loss of the E.I. phobic companies is my gain. 1A, we live in a country with very diverse demographic in this area, in this area where trust of

business can be hard to come by, people tend to connect more easily to people who are like them. Having a workforce that is diverse and representative of your stakeholders is good for business. Now go all the way to the bottom and see what Elon retweets back. Go a little bit more. Okay, right there. Okay, let's continue with equity and then Elon responds back. Treating people equally does not mean

treating them the same. I made a mistake for a lot of years thinking I did. Equity is a core principle of business. Put your employees in a position to succeed, recognize their differences, but that's not what equity they're talking about. This is a different equity you're talking about.

Go to the next one, number three. Inclusion, one of my favorite sayings is great employees reduce the stress of those around them. Great companies create environments that reduce unnecessary stress of their employees. I'm not talking hit a quota or getting the product out the door stress which in turn increases productivity.

This is what inclusion is all about. Making all employees no matter who they are or how they see themselves feel comfortable in their environment and able to do their jobs. Again, it's not easy. Go a little more. He continues here, one of the lessons, he says, don't know, I was like, I was like, okay, then they're mine. It's okay. So what's the conclusion?

If you don't think there's a need for DI and doesn't create a competitive advantage for your company, just look at X-Posts, replies, quote us below. These are the same people that work for you or your coworkers. Everyone is entitled to their own POV, but these are same feelings even if they are not set out loud or hurt out loud actually saying clear response and Says the eye is seen as a core competency in most companies. It's just a huge expense Yes, and at any time you make something like the a requirement will turn into checklist and eventually lucrative industry. You give a pretty liberal breakdown of DEI from a definition standpoint,

but seem to gloss over what DEI and sister programs, such as affirmative action, has become an actuality, which is ironically rather discriminatory. Equity and equality are also wrongly conflated here. The reality of DEI is destroying my retocracy to hire based on race and gender for extra social credit points, this is wrong and will only breed further division in the country. Rob, go back to the one that Elon just responds back quickly.

Go back right there. I think it's the first one. Go one more, right there. Go a little more. No, no, you got to go back one more. You had it earlier. Cool. So when should we expect to see a short white agent one on the maps? That is so funny. Tom, now here, just what do you think about this? The explanation from our Cuban? I think Mark Cuban is trying to play to the choir and he is trying to kind of keep one foot,

not getting yelled at on DEI and the other foot, oh, I'm an independent entrepreneur. And I think Cuban is also making a bedrock of his argument there is that people of color or other people aren't going to be considered because of their race. So what he is saying is, you saying is companies are racists and they're not even looking at these people anyway. That's not true. That's absolutely not true. Companies are taking great strides to find the absolute best people.

You know, it's one of the interesting things that I read about in terms of HR is the whole take the name off, take the name in the zip code in the city off of your resumes. And just don't name. So you don't know if it's male or female or you're interpreting it's male and female by the name at the top. Chris could be Chris Chris, you know, Terry Terry. So you take that off the top and you just look where is this person been, what have they done? That's interesting. Let's interview him. That's interesting. Let's talk to their references and let's do it on merit. You know, hiring, there's a lot of effort being done out there to hire in a fair way because companies want great people.

Look at the situations we've had here. We're trying to find great people in key places. We don't care what you look like. We want to find great people. And Cubans out there saying, well, you know, DEI is my gain. Your loss is my gain. What are you talking about? If I've got better people than you do,

I don't care if they look like I'm gonna beat you Mark. And his premise is, oh well, you know, these people wouldn't be found anyway because of the way they look. That's playing to the inflammatory mob of all hiring his racist. And so I think Mark's trying to keep one foot on both sides of it.

He's always like that. It's very interesting when Mark, because Mark plays politics, slippery slope, like trying to be an independent, but you know, he's a full-blown liberal. He's just... Yeah, but at the same time, economically, he knows the shit doesn't work.

So why is he spewing it? Why is he talking about it? So Cat William said something very interesting on his podcast with Shay, Shay Shay would Shannon Sharp and he says, you know, a lot of these guys in the community, they will tell you we, we back each other up, you know, when you're in Hollywood, you do this and you do that

and you do this, when you're in that community, everybody in that community is defending each other. Whether the idea is shitty or not, just defend it, just back it up. They're not going to be a not defending one. And it just seems like that's what he's doing. Whether it is his intention or not, whether it's, you know, what he believes in or not, it's just, it's the position he keeps taking. Well, let me tell you why D.I.

Let me tell you why ESG. We have to stop doing this and we have to stop doing that. No, no, D.I. failed. ESG failed. These ideas failed. Period. And just give it to him. Give it to him and say it was a bad idea.

Is what it was. Let me break this down. I love what he said about, all right. So instead of getting the best player for your basketball team, just hire a, what do you say a short Asian woman to play for team? Let's break this down and just simplify this message. Arguably the best player in the basketball right now is Luca Duncis, okay? Other than Nicola,

Yochic, MVP, Joel and B, you might say, Y'all, this, whatever it is. Just to understand D.E.I. You don't sign Luca, okay? MVP candidate, averages 30, a game, tennisists, because to fulfill your DEI quota, we can't have Luke go. We got to have Song Su over here who's 5'4 Asian woman because that fills our quota. No, you're trying to win basketball games. That's the goal of an NBA owner. That's the goal of a GM.

That's the goal of a head coach. Win games, win championships. Not check off boxes. So is the five, four Asian woman that Ilana Loots to help them win championships? Of course not. So to be clear, DEI and its most simplistic forms is reverse racism and is anti-straight white men.

It is the patriarchy. Yeah, and that's what they're looking to do here. So at the end of the day, the the you know what happened to the S&P You know there's the S&P 500 everybody talks about but there's actually the S&P 100 Here's a little food for thought what percentage of America is white? America America 30% 60% then he's 60% I'll just try to be you know my black friends 14% Asians that are looking to hire for the maps 5% my Hispanic Latino friends 19 20% S&P 100 do you want to know

how they've infuse their way DEI into the S&P 100 top 100 companies, you know a percentage of white people, the top S&P has hired this past year, 2021, 2022 as far as it goes back, 6%, 6%. So just let that sink in for a second. 60% of America's white, the S&P 100, the top companies in the country, in the world, only hired 6% of its workers, white people. So, they're just showing, they're not solving for a marathon,

they're not solving who's the best in the business, they're just doing the DEI check, checking the box, look at Claudine Gay, President of Harvard. That's a prime example. By the way, 23% of who they hired was black. Many of those companies, 22% and they're scared.% 22% were Asian 40% Hispanic So we're looking for the best people for the job. We also you know, it had airlines tried to do they said moving forward Yeah, I was 50% of who we're hiring is gonna be women 50% of be men. Yeah, we get a problem here, buddy 90% of pilots are men So now you're putting people's lives in jeopardy. I was just to check off a female box.

Yeah, the hell with, the hell with, the hell with you think I give a shit? It could be because men, woman, tranny, whatever. Yeah. Get me on my flight safe to where I'm going. Yeah. Period.

I want to win a championship. I want my company to make money. I want to drive in my city safe. Don't care who it is. Best person for the job. I just don't have any respect. Like when it comes like a Mark Cuban Patler, you said they're flip flop, they're lukewarm, their foot is your light. It's. I just don't have any respect. Like when it comes like a Mark Cuban Patler, you said they're flip flop, they're lukewarm,

they're foot as you're like, it's like I don't have any respect for someone that doesn't take their stance and stick with it. He's obviously suffering from Trump, the Ranger and Syndrome, which is one of them. But I don't like this flip flop he making everybody happy. He's a man stand up,

send your ground and say what you're really about. By the way, let me just send you this article, you rock. Can you please pull up this article and show it to the world? Do you know the man who is screaming, di, di, di, di, di, di, let's do di, is it? Do you know according to Guardian, please pull this up and show it to the world?

Do you know what team is the widest team in the NBA? The widest team in the NBA? The Dallas Madden. The widest team in the NBA? The white is the talent's man. Rob the widest team in the NBA according to the guardian. The hell are you talking about the I. Yeah. The argument is over. You have the widest team in the NBA.

Yep. The Dallas Mavericks are consistently white in a black game. That's also a reason they have won a championship since Durkin with. No, but by the way, here's what I will. You champion has an a black game. That's also a reason they have won a championship in Sturgeon with Skate. But by the way, here's what I will, here champion has an asterisk. Dirk was white. Here's what I, here's why we'll tell you. Guess what? The Mavs, he puts the right, he's got a good team. Yeah. Actually, like what he's doing with the team, my argument isn't his team. I do agree Lucas, a top three guy in the NBA. He's eventually going to

be the best guy in the NBA. I think Janice is right now number one because Janice is one and he hasn't proven himself yet. So this guy's a top. I got to be in the NBA. But but yeah, Joker's also top three in my eyes. I just put five of choice between Janice and a joke. I'm taking Janice. But Mark, you realize how much your argument loses credibility when your team is the widest team. So let's go read it on the bottom. Let's go read it on the bottom here to what the stats is. So the NBA was 74.2% black, 16.9% white.

It was very, NBA runs around, runs around, runs around, runs around, runs around, runs around around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around runs around, runs around, runs around, runs around, runs around, runs around, runs around runs around, runs around, runs around, runs around, runs around, runs around, runs runs around, runs around, runs around, runs around, runs around, runs around, runs runs around, runs around, runs around, runs around, runs around, runs around, runs runs around, runs around, runs around, runs around, runs around, runs around, runs

runs around, runs around, runs around, runs around, runs around, runs around, runs runs around, runs around, runs around, runs around, runs around, runs around, runs runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs�, runs around, runs around, runs around, runs around, runs around, runs around, runs around, runs runs around, runs around, Yet one franchise has kept the dream of mediocre white This is just a pot on the battle of the last 21 math seasons There were three or more white players on the 12-man active roster in more than half of those 15 seasons there were at least four white players not to mention at least two Starting white players the mavericks in the literal sense Do not like these, like the rest of the league. It's tempting to put this down to racism or at least unconscious bias on the part of the Mavericks

owner. Oh shit Mark Cuban. But if anything, the opposite is true. Although the Mavericks have a number of toxic work, although the Mavericks have a dubious history of toxic workplace culture, when it comes on to female employees. Oh yeah. Cuban has thrown his support to Black Lives Matter and that. Oh, by the way, don't just skip over that last point. The women thing. Yes, they had major issues internally.

With the women and sexual allegations going on there for years, existentically within the men. But that goes to your point though, he's full of shit, he's flip flopped. Right. Well, I have a friend pat, he's flip flopped. Right. Well, I have a friend Pat, you guys are gonna respect this. He's a comedian. I'll rob his name, his Adam Hunter. You don't have to look it up.

He said, I think in basketball, there shouldn't be any overtime at all. When the regular time is done, whichever team has the most white people, they win. There you go. Why even have overtime? That, let's not cross over this. Do you remember the incredible storm

and Mark Cuban should be thanking his personal God that there was Dan Snyder in Washington at the Redskins now the commanders because that was a horrible toxic culture for women who had the special calendar made you know with their own cheerleaders and it was really inappropriate, and all the stuff that went on there, at that same time, that created the cloud in front of the fact

that the NBA was going through the same thing with the Dallas Mavericks and women, and what was going on. And so, Mark should thank Dan Snyder for making a bigger problem for women that he hid behind while it was being fixed in Dallas. But you know what this does, though. You know what this does? Here's what happens when you have a story like this, when you're going out there and criticizing, and then all of a sudden you're like, yeah, but, yeah, but, yeah, but, you know what happens if Elon Musk finds out? Okay, go tack, by the way, if you're watching this podcast,

do a short clip of this, put it on Twitter, tag Elon Musk, and say, Elon, did you know that Dallas Mavericks are the whitest team in the NBA? Do you know what Elon would do with the troll shop of this? Anyways, so just keep in mind one thing about the Mavericks, Mark Cuban, and you'll appreciate this. We always talk about establishment, anti-establishment, destructor. There was no bigger

destructor in the NBA than Mark Cuban when he entered the league. Yeah, no bigger destructor. This guy got fined every single game. He's yelling at breath. Half a million at this guy was a destructor. But here's what happens. Eventually, you bend. Eventually, you end up on Shark Tank. Eventually, you get owned by NBC, eventually, you're part of CNBC eventually China eventually the disruptor becomes part of the establishment now he's

establishment 100% and he's basically calling out the disruptors like the Elon Musk. Well, guess what this article of guardian is officially live so good luck. Go go try to hide this guardian article. No, you're right. I'm not even the NBA. You're right Adam. It's barbarians to bureaucrats. At the end of the day, you end up on the back end and you're a bureaucrat. Bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang,

bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang,, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, bang, The time you threw me off here. Let's go to the next story here. Next story we got is 62% of any, I'm coming to this one with you. 62% of small business owners earned less in Q4 2023. Thank you for 2022. This is a zero hedge story. Let me say it again, 62% of small business owners

made less money in Q4 2023 than they did in 2024. A December small business revenue report by Alainable reveals that 62% of small business owners experience a decline of revenue during Q4 2023 compared to last quarter. This figure is notably higher than 52% who had previously anticipated a disappointing Ford quarter. The primary concern among small business owners has shifted to ramping up revenue, overtaking worries related to inflation, approximately 37% of those surveyed, now engage in side jobs

to sub-wouls. That is insane. Small business owners, 37% are now engaging in side jobs. By over to supplement their income, while in addition of 56% take on side gigs, to cover mounting expenses, leaving only 7% satisfied with the income generated solely from their business. Damn, small business owners continue to grapple with the challenges

of high interest rates affecting 52% of them. More over 41% of small business owner renters reported being unable to pay their rent in full and on time in December, while 51% faced rent increases town. This is not, these are real numbers. They would small business owners facing. These guys are running companies

and they're getting jobs on the side. So I just called the White House and they said the economy's fine and they hung up on the space and these guys are running companies and they're getting jobs on the side so i i i just called the white house and they said the the economy is fine and they hung up on the next case okay then let's skip the story and go to the next no so here's what's going on we all talked about this and this and we said that the fourth quarter was probably not going to be as good as the third quarter because americans dipped into helox they ran their credit cards up to a trillion dollars. And they said, ah, the consumer was resilient. Resilient. We guess what we're hearing? We're hearing that Q4 was not the barn burner that Q3 was. And now small business people are hurting. We said Main Street is going to hurt. This is the economy coming

home to roost. And this is consumer spending down in fourth quarter. And this is the small businesses are not worried about the inflation. Now they're worried about raising their revenue. And they had a decline in revenue in Q4 23 versus 22. What decline consumer spending? And so this is exactly what we talked about. That underneath the headlines for, wow, look at the S&P 500. Oh, you mean the S&P 7, the magnificent 7, and the VDIA chips if we can drove that engine all year, you mean that.

The underneath it, the economy is not in great shape, and interest rates are high and gonna be here for a while. And this just shows that below the surface, people are still having a tough time despite the headlines. Yeah, go ahead Adam, go ahead. I was just, this is a gregious. I just want to use the big word.

I just want to take a second to just say, how much I appreciate small business owners. You have no idea what it's like to own a small business. Why do I say that? I don't own a small business. I'm an entrepreneur. I'm not an entrepreneur. There's a difference. I've always been the number two guy or the top sales guy.

I'm never the guy putting down the capital, taking on the risk, okay? And to do that, and we, and listen, all the guys we meet here at ValueTamine, everyone at the vault, everyone at PBD Consulting, at Bed David Consulting, you have no idea how much respect I have for these guys. They lay it all in the line.

They bust their ass, they work their tail off to create jobs in America. What percentage of jobs created in America are created by small business? I think it's like 50%. Right? It's even higher than that time. We can pull that up.

Rob pull that up. I think there's 33 million small businesses in America that employ well over 60 million Americans. These are job creators, these are hustlers, they are entrepreneurs, they stay up at night, they're working their freaking tail off, they're trying to do something there that's 33 million small businesses in America.

Damn, turns out I know what I'm talking about. These guys are what makes America tick. I'm not talking about the S&P 100, S&P 500. These guys are not small businesses. These guys all have makes America tick. I'm not talking about the S&P 100, the S&P 500, these guys are not small businesses. These guys all have what, how many employees is it considered to be a large business? 5,000 employees, whatever the number is. I'm talking about the guys with three employees.

The guys with 10 employees. The guys with 80 employees. The solo per new, we're just trying to create a job and get it off the ground. I have so much respect for these people. And you know what percentage of small businesses fail? What is it? 75% within the first five years.

These guys are hustlers and they're doing what they gotta do to feed their family, to make their legacy, to make their impact on the world. Just wanna give a shout out to the small business owners and entrepreneurs. Have they ever, I mean, COVID set this off for them to start failing horribly, right? I'm like it's, and overwoming percent of it, I think like 40% of the failures were restaurants,

which is the mom and pop restaurants who got shut down and didn't have the, didn't or not like cheesecake factory. Oh, I'm a chain. I'm just going to do delivery. I'm going to do all this. They didn't have the ability to do that. One of the biggest ways I support Adam, a heart persona, what he just said, I echo that in that feeling.

And one of the best ways you can support small business in your community, find the small restaurants that are usually, and by the way, you're usually going to find great food, and you're going to find great food from different places all over the world where they're operating in your town. And that's one way you can support small businesses is find the small restaurant that's doing it. I love Miami and I will plug it. Esponul. I love going down that little street.

Esponul away, baby. Yep, I love that little street. They're all independent businesses. What? Tom saying, esponul is the whitest. I never could eat. I love it. Esponul.

Esponul. Esponul. No, you know what Tom made me think about. Every time Tom comes over, Tom talks to Melva, and he talks to Melva in Spanish. And I swear, every time Melva comes to me after we're saying, why does this screen go try to talk to him in Spanish?

Oh, Melva. And Ben and Melva. Yeah. So, Melva and I freaking out. I'm like, oh, me, that is cool. Melva, Melva, just, he's making an effort. I was trying to figure out. I tried to say good morning. Apparently I said there's a demon in the pool.

So it's like, El Queso, está viejo y por el hilo. The cheese is all in molding. Oh my God. By the way, for those of you guys that are watching a podcast and you're seeing the glitching going on, this is not us, we're on a T1 line, this is YouTube.

It happened yesterday, it happened today. We've never experienced this before and I know just dropped out right. Now what I ask you to do is, I'm going to put the link of my tweet, okay, what I just sent on Twitter to YouTube. If you could be kind enough, just go tag YouTube and ask what is going on. And I think they responded back to us yesterday. Let me do this again. And let me see what I got here. The tweet show up there on the comment section or no rob, you put it there.

Okay, fantastic. On the P.B.D. podcast, if you can go and just retweet that and comment on YouTube as well. I think enough people asking a question of YouTube that will get their attention. This has never happened, so we're not sitting here saying, this is, yo, here's what's going on, that was all I'm saying to you. So first on this is happening last two days and it's happening again

And what upsets me is the fact that you keep watching it and then all of a sudden 50 ads come up So we just turned off the ads Rob just did so you don't have to worry about the ads But we're listening to you. We're paying attention to what you're doing And I know you guys got busy lives and you got a lot of other things doing for those you guys are coming back and Staying with us. We appreciate you. We do this with you. We do this for you and we enjoy it We like doing this. We sometimes are gonna have technology issues and glitches that happens in life You can't get discouraged. You got to stay strong

Whether it's the adversary not wanting a message to be heard We're gonna do our part to get that message over to you and we trust eventually YouTube technology team It's going to figure this thing out and we'll get past this and we'll get ahead of it So having said that if you can do that we will kindly appreciate it. Appreciate you guys. Let's go to the next story All right, so next and by the way The best thing sometimes for you guys that are in the states if you want to make sure you always get our material text-to-word podcast to 310-340-1132 text award podcast to 310-340-1132. 1132 any time that something happens with like yesterday's

podcast that community will get a text with a new link to be able to watch the content. So again, to make sure you protect the long term text award podcast to 310-340-1132 and guess what? Future looks bright. It does. Future looks bright. All right, so let's go to the next story. Chart of the day, mortgage rates will stay above 6%

through 2025. Goldman Sachs says, we officially lost 3,000 loan officers that got off the podcast. Yeah, they just got off their like screw you. Bye. By the way, screw Goldman Sachs, so that said this. This is not our story, but let's read. We like Goldman Sachs.

Goldman Sachs predicts that 30 or mortgage rates will remain above 6% through 2025 with a projected rate of 6.3 by the end of 2023 and 6 in 2025. This revised forecast reflects expectations of Fed interest rate cuts and a narrowing spread between mortgage rates and Treasury yields. Last week, the average 30-year mortgage rate was 6.62, showing a decline from its recent peak of 7.79 in October. This trend indicates some improvement in housing affordability, but not a complete reversal of the rate increases observed from 2022 to 2023.

Lower mortgage rates are expected to stabilize the mortgage-backed securities market and lead to increase mortgage origination projected to reach $2 trillion in 2025 up from one and a half in 2023. Tom. So here's what's happening. So let's give us all a little quick lesson here. So here's what's happening. So let's give us all a little quick lesson here. Rob, can you pull up for us really quick? The 10-year treasury rate as of today should be 3.99, 4.05 or something like that. Right now, sitting on it, yeah, there it is.

4.04, 4. So the 10-year treasury is 4%. This is what the mortgages are tied to. Now, what the normal spread is, this is the the mortgages are tied to. Now with the normal spread is this is the spread spread is the bank profit. So banks buy money at this rate and add 1.5% to it. That is the traditional spread historically. So this should be 1.5 so this should be 5.5%. Now let's go to 30 year. 30 year this morning should be 7, 8, 7, 5, no, no, no, 6, 8, 7, 5, the 7, 1, 2, 5, something like that.

30 year fixed mortgage you had it before? Yeah. Same way, the spread that's on the 30 year fixed mortgage right now is almost three points. Why are banks? Right Tom, how does he show that I'm not seeing it? Do you want you to raise he had before with the Apple for what's a 30 year fixed mortgage today? 30 or fixed mortgages. What six point eight percent's only that correct? All right

Zoom in right seven. Yeah, seven seven quarter seven point so Zoom in, right? Seven. Yeah, seven. Seven a quarter. Seven point two. So, normally, the spread is 10-year treasury plus a point and a half. So mortgages should be 5.5 to 5.75. Why are they 7.23?

The banks are putting 3% spread on it right now because of what they're calling pre-payment risk. What's pre-payment risk. What's pre-payment risk refinancing? So the banks are keeping the mortgages right now at 7.23, 7.5 because they believe in less than two years the consumer is gonna refinance the mortgage and they're trying to build in profit to it. Historically, the tenure treasury plus 1.5

was your 30 year fixed mortgage rate. So basically, what the banks are saying now, America, you're gonna be paying higher interest rates for a while, because the rates aren't gonna come down enough, and I think as soon as it come down, you guys are just gonna run back in and you're gonna refinance it. So, the banks usually don't have a profit

of more mortgage for about two years Because what happens is they pay commissions out they have their costs that go into putting that that mortgage in Emotion makes sense. It's their business cost and if someone refives it two years before happens So what are they doing? They're building in what's called prepayment spread and that's what's going on right now so Morgan is Morgan Stanley is right. These, and when interest rates come down next year, some of that spread's gonna come out

because that part will not be refinanceable. Now the rates are down, and now what they believe, the future will be five and a half to six and a quarter. That's only through quarters of a point, a point, so your pre-payment risk is lower. So basically interest rates higher for longer means we should all as Americans expect mortgages to be higher for longer. And that six rate cuts next year of a quarter point is only a point and a half. So you do think it's going to

stay above six next year and six next year. I'm with Morgan Stanley. And with Goldman Sachs. And with gold.s. Yeah. Yeah. Yeah. No, no, no, no, yeah. I'm with the banks. Then I believe that that's exactly what's going to happen that we're still going to see six and a quarter mortgages at the election.

Got it. Tom, you're super smart. But sometimes you're too smart. Because Vinnie, did you understand what he just said? Yeah No, you didn't know I didn't So let me simplify this for the Vinnie's out there because I got the time was saying and it was a great breakdown But sometimes you're not smart in the face, bro. You're not no no So much let me explain something to you. Yeah, so you got to look anything you're buying. Is it cheap or is it expensive?

Am I getting a good deal or a bad deal? Right now, you're not getting a good deal, bro. Rob, I'm gonna have, I'm gonna have, put Rob to work. Pull up historical mortgage rates, okay? Here's what's happening. We're having a supply and demand issue. So while you're pulling that up, right now,

so everything is based on the Fed fund rate. You ever heard that term Fed fund rate, basically, how much banks charge other banks to basically borrow money and all that. So that current rate is five and a half percent. What that was was four years ago, was like two percent, what was that number of years ago? That's weird.

Okay, so now, but that's what the bank charged other banks, historical averages, thank you. But now, there's something called the primary. The primary is what basically the us, the people, what we gotta pay. So it's usually a three point spread with that as time was basically alluded to and that spread. So the primary is about eight and a half percent.

So there's a buffer, the banks are gonna charge what they charge the average person. So if you look at mortgage rates, Rob, can you break down with these numbers? Same, I haven't went there used to be. In the 70s, it was 7.3%. In the 80s, it was almost 13%, bro. In the 90s, it went down to,

what is that nine? Nine percent, two thousand, eight, eight percent, 2010s as cheap as it's ever been, until the 2020 showed up 3.5% so we've been super spoiled to the last 20 years super super super spoiled So everyone you know is about a house in the last 20 years dude. They're getting 3% rates 4% rates 5% rates So now when they skyrocket up to 8.5% people are like this is fucking expensive It's like yeah, if you look at the history of, it's actually pretty common. It's actually way worse.

So now, it's like, whenever one kind of has COVID hangover and they're like, in flychens at 8%, it's actually a 3.5% bro. You're just still giving that COVID hangover. So right now, when they're saying that these mortgage rates are gonna basically stay at what present back? 6%?

6%? 6% over 6, yeah, two years. Historically, that's not bad. I tell you, I hope they do. I'm telling you, I hope they do because there's a part where we've been not disciplined, fake success, I keep talking about fake success and you kind of highlighted it from a different standpoint as well.

It would be very, very good for America to keep this thing above 6%. It would be very good, huh? Why? Because when it's cheaper and it's lower, you're just financing shit for nothing and you're getting it for nothing and you're making e-response. By the way, the lower it goes, the more money I make, like think about it. The more they lower the rates, my house is worth more

the lower the rate it is, man, not the higher the rate it is, such shit, lower the rate. I don't care if it lowers the rates. It's not good for the economy. All it's going to do is increase the rich getting rich and poor getting poor. What a rate at 6% does is kind of keeps it here. Because a house that, you know, a guy's asking for $1 million,

this is not a million out of a house, bro. This is $770,000. Yeah, it is. But because the rates are so low, you don't have a choice, you gotta pay a million dollars for it. But if he keeps that up, six percent above next two years, that meal could potentially go a little bit lower.

All I'm saying is, if these guys start lowering the rates crazy in 2024, 2025, again, go for it. Yeah. Go ahead. guys start lowering the rates crazy in 2024, 2025. Again, go for it. Yeah. Go ahead. Do it. I'm not affected by it. Middle America will get destroyed. You think that's a good way for them to look good for their presidential run, but then middle class is gone.

It's horrible if they do that. It's horrible if they do that for middle America. It's fantastic for me. But don't you, my bad, but I think that's, isn't that that you lead's goal? It's a, okay. Okay, so let me get rich or you're bored. So watch this, what do you think I want?

You think I want you to buy a house? Right now, of course, general, of course you're bored. I want you to, I want to come to your house. I want to come to a guy's house. Yeah. I want to go to my guys and pick up a place and all this other stuff. They're calling me saying, what do you think? What do you think?

What do you think? I'm like, dude, you know, I don't know. You know, I don't know about right now. I just think right now they're destroying Middle America. Lowering the rates to zero, believe it or not, destroyed Middle America. They're telling you, destroying Middle America. I want you to unpack that a little bit.

If you lower rates, doesn't that make buying a house more accessible for the average person? Why does that destroy the average? No, no, no, no. All it does is it doesn't that make buying a house more accessible for the average person? Why does that just go to the average? No, no, no, no. All it does is people don't buy a house based on dollar a month. People buy a house based on what mortgage payment it can afford to buy. Yeah, the monthly pay. That's the same.

No one buys on a price of a house or a car. They buy, like right now, guy goes through the dealership. How many people who buy a car say to follow? I'm here to buy. My budget is a $35,000 car. Nobody says that. They go to dealership and they say, what, my budget is $500 to $600 a month.

Yeah, exactly. That's what they call me when I get there. Yeah, nobody says $35,000 car, except for people that I've cash, right? Yep. And if somebody goes to buy the house, they don't say my budget is a million to a million to dollar home.

They go to the realtor and say, what, my budget is $4,000 a month. And PNI, everything, include everything $4,000 a month. Okay, then we have to deal with a $600,000 house. There you go. Okay, so zero, they say, yeah, you can buy a million dollar home.

I'm gonna sell a $4 million because you're thinking, I'll pay a million dollars because my budget is what? $4,000 a month because the rates are so low. So this is terrible idea. I hope they stay to the six. I hope Goldman Sachs wrote this article for the Fed to be like, oh shit, if Goldman says it, we better stay here.

So it's kind of like, you know how Steven A. Smith sometimes says stuff that maybe, you know, I sit there and I wonder, are you saying it or did the Lakers leak this to you to talk because you got the biggest mic so the NBA can listen to you and maybe Adam said, you know, I sit there and I wonder, are you saying it or did the Lakers leak this to you to talk because you got the biggest mic so the NBA can listen to you and maybe Adam said, I wonder if somebody gets a little foreshadow and got a thing.

So whenever I see Stephen A or some of these main, he's number one, he's not number two. Whenever I hear something, I'm like, oh, okay, huh, who told you, you know what I'm saying? Insider information. I wonder, I wonder because Stephen A is on the inside of a lot of things as we as we like ourselves some StephenA. Okay.

All right, so there you go. Next, six grader killed five others hurt in shooting at Perry High School in Iowa. Authority, by the way, do we do the ad for gold within and do that, right? Is it too, I'm assuming it's too late right now at this point. Okay, we'll skip it today.

Okay. Six grader killed five others hurt in shooting I had four gold within and we do that, right? I'm assuming it's too late right now, it's point to do that. Okay, we'll skip it today, okay. Sixth grader killed, five others hurt and shooting at Perry High School in Iowa, tragic when you see this, but unfortunately, many, many of these keep happening and there seems to be a trend with it. We'll see if there is a trend. Gunman's 17 years old, Dylan Butler,

opens fire at Perry High School in Iowa, killing a six grader and wounding for other high school students, and an administrator, Iowa Division of Criminal Investigation Assistant Director, Mitch states it's not yet clear why the six-grader was in the building at the time of the shooting. Police discovery and improvised explosive device in the school, Iowa State Fire Marshall and Bureau of Alcohol, tobacco and firearms,

render it safe according to the director, Mitch Morteved, butler armed with a shotgun and a handgun made social media posts around the time of the shooting, the incident occurs on the first day back from winter break, calls for stricter gun laws emerged, but Iowa does not require a permit to purchase a handgun or carry a firearm in public as of July 2021,

which wouldn't have made a difference anyway. This guy was a 17 or good. And the Iowa, when's the Iowa caucus? Nine days, eight days. It's coming up, but you know, and everybody's fixed on the Jeffrey Epstein thing, and I trust me. I'm in the same boat because I want to find all this information. But that person that killed the first of all, look at this guy.

He's in the LGBTQ community. By the way, when the cops showed up, like a coward, he shot and killed himself. But you know, he was transgender fluid. And then let's look at this pattern. Remember the Colorado Spring Chouler, a while back, Anderson Lee Aldrich, non-binary. Remember the Nashville shooter, the Audrey Hale, transgender, Aberdeen Maryland shooter, Snowchi Mosley, transgender, Denver school shooter. You guys are catching onto the trend, Alec McKinney, trans.

And we're going to the Nashville shooter, Aubrey Hill, the manifesto. Remember the manifesto that they wouldn't release it. It's almost like they were hiding it from us. Any other school shooter that leaves a manifesto, we get to see it because they're, I think they're trying to hide it because a narrative of this white people and white supremacy BS is happening.

When are we gonna stop and be like, okay, listen, it's not like a crazy epidemic right now, but it seems like a trend where these people I don't know if they're mentally unstable, but the LG B Rob, what's the what's the LG BT? I don't I don't want to mess it up because you're going to offend people. Rob's currently it's March. LG BTQ IA2S plus. What does that stand for?

They also threw a pie sign in there. Yeah, what does that stand for? They also threw a pi sign in there. Yeah, what does that stand for? Lesbian gay bisexual transgender queer and or questioning intersex asexual and to spirit at the plus sign represents the many ways people choose to self-identify. And that's the point. I know you're a smart guy. You don't understand anything. You know, I thought he was describing the chemical formula for salt. Yeah, but my point being, and I know what people are gonna say, oh, it's not the lesbian's engagement, no. You guys are, it's a community because they lump everybody

in with every shirt in. Which day, I 100% agree, but it's the T's and the weird ones, but it's the T's. They're radicalizing the youth. This is becoming an extreme movement. They're going in, they're and shooting and then the media is protecting But wait, it's not known that this person was trying to dig deep to find out who this person is and it's like Well, when are we gonna address the fact that there's a mental health issue happening?

You're hitting it so perfectly the issue is That's weird, but go ahead. You are you are hitting nail on the head on this topic. Sorry about that. And what you have is people that are mentally ill are hurt people and hurt people, hurt people. These are depression and suicidal thoughts and then people act out. And this is a horrifying way that they act out. And we're gonna make it about the guns

and we're gonna make it about white people. We're gonna make it about everything else than saying, what is going on with the folks, and what is up with the mental health crisis in America? And you can go right back to RFK who made a comment at the town hall meeting that said decades ago, when we closed the mental health institutions in America

that were providing care and and and solution of where to put these people and where to take them so that they weren't hurting others around them and we shut those down and all these people are on the street and then these things are untreated and we're saying that there's someone else is causing you to be what you are rather than getting these people assistance and keeping them safe for they don't hurt other people. I'm out. End of story. We'll save time.

This is, you know how you get worked up about, you know, the sound of freedom and stuff like that? 100% like how and how upsetting that is to you. This is my top of my list, most upsetting thing. Like I'm like tearing up right now. Imagine, okay, you're a parent. It's the first day of school. I'm like tearing up right now. Imagine, okay, you're a parent. It's the first day of school. You're getting your kid ready to go to school.

You're excited. When I was a kid, I used to literally sleep in the clothes that I was gonna wear. I was so excited to go to school. And then my mom would be like, hey, you gotta take him off. You gotta shower for the school. That's another story.

But you're a parent, and you're getting your kid ready for the first day of school. And you get a call from the school. Yeah, there's been a shooting at the school. And your kid just died. Woo. Because some fucking mentally ill week person showed up, 17 years old, and he wanted to murder little kids. In this case, it was a what, six greater?

Six greater than, okay. My nephew's in fifth grade, six great. Like he's coming in the sixth grade. to murder little kids. In this case, it was a what six greater six greater and okay my nephews in fifth grade six grade like he's coming in six right this upcoming year. It to me it's the most sad thing because when we were growing up, what we have to worry about maybe getting the shit kicked out of you by some bullies. Yeah, we didn't have to worry about someone coming in and shooting up the school. And to me, that's the saddest thing. And this goes back to this, this is reminiscent of what happened at Sandy Hook, right? Under, you know, President Obama, Sandy Hook, Connecticut, when he was a president,

came out there and made a big speech. This is obviously why our buddy, Alex Jones, owes a billion dollars in fines. We all know what he said and what he did. And as much as I actually really like Alex Jones, he was dead wrong on that. But to me, it's the saddest frickin' thing. You have these little kids that are going to school to try and just be educated, have fun,

play, recess, learn, do your thing, make friends, and they get killed for just being a kid. You know, they say that there's three types of genders or three types of gender ideology. There's men, women, and just a mentally ill. And you highlighted what's going on with those people is a lot of times they're just mentally ill and they're weak. You know how you're not a strong person if you get a gun and you show up and you kill kids,

you're weak, you're not tough, you're weak. Anyone can do it. The Sandi Coke shooter was a skinny, scrawny, nothing person of a kid, mentally weak, anyone can do it. The Sandy Hook Shooter was a skinny, scrawny, nothing person of a kid mentally ill, weak, and he took it out on kindergartners, dozens of them. To me, this is the saddest epidemic that's going on in America today. I can't even imagine what it would be like to have a kid and lose them because they're just trying to go to elementary school. It's disheartening, it's saddening, and unfortunately, here's a sad reality of it.

It's another story in the news day. Nobody move on. Nobody really knew about it, but tore up. But Adam, and wouldn't you be even matter if you knew like the government isn't even addressing the main problem, which is the mental side of it. All they want to do is say it's guns, guns, guns, and because at the end of the day, they don't want us to have guns. Because guess what?

If it wasn't for the Second Amendment, Tom, guess what? All of us in here would be vaccinated. All of us would have our rights, but you're bomb, telling you right now, that's why every other country hates us, is because we have the Second Amendment. God thank God for our founding fathers, bro.

The First Amendment and the Second Amendment, because they would trample all over us. When they notice how they don't give a shit about the kids, they're just like, oh, take the gun, it's the gun. No, no, can we take a step back? This person was obviously mentally ill. They're pretending to be non-binary. They're posting shit online.

Nobody's saying anything because you know what? No, no, you're transphobic. You're phobic. You talked about this the other day. Phobic, phobic. Enough with that bullshit. Because they're, it's going to keep on happening. People are going to still be bothered at the end of the day. Get rid of the guns. That person will come in with a truck and drive right through the, the, the, the, the, the, the, the, they're stuck.

They're stuck. They're fine to what? They're gun to dot, if they, listen to me, if I want to kill people, Adam, I don't need my gun. Trust me, I'll make it happen. And these sick people could do it. We need to start worrying about the mental health side, because guess what, Adam, if I started pretending that I was a dragon and I came in here like, ugh, what did you guys say something? When did you report? When you be like, Pat, you as a CEO, you be like,

yo, we got a, Vity needs help. Let's address the help, you know what I mean? Because then guess what, the next day I come and throw fire on everybody, I'm like, oh shit, hot, what? Why would he have done that? Because you didn't address my my sanity my Insanable we're just They're protecting that community and it's backfire. Yeah, one more thing. You're right if you're mentally ill and you want to take it out on people

And you like Tom said like what you said. Would you say hurt people hurt people? It's so true. You're gonna find a way unfortunately a gun is actually the most convenient way It's the great equalizer as Pat as mentioned in the past. So whether it's a car, whether it's a knife, whether it's a machete, you're going to find a freaking way. It just so happens that the gun is the easiest way to do it. And I just don't understand why these schools are gun-free zones. Ever school should have a police officer, a security detail, whatever it is. A better end that front and back of the school, you ain't coming in this school unless you go through this big door.

They don't with a security. And why don't we have that? They don't give a shit at the end of the day. They don't care. All these other people are armed with people with guns everywhere you go. People are security from Lebron to all these people have security. But when it comes to the kids, you're like, no, I don't get it. I don't get it because they don't give a shit.

But these politicians, I want to go deeper. These politicians have kids or they have grandkids. It does not give you any political expediency to basically have dead kids at your doorstep. It does nothing for your approval ratings. Congress approval ratings are to all time low. So there needs to be a deeper situation here than just they don't give a shit. I assume they do. I just I want to give it to I wouldn't give them that because they what why why is everybody including the media hiding when it's a transgender shooter

the manifesto. So there's something to be said there. That should be the first thing I want to see is what the hell was going on in here, but they hide it because it doesn't fit the white guy with Biden's, oh, extremist, no it's not that. It's crazy people. We're crazy people and they don't care at them because there is no explanation. Why aren't they guarded? And we see what's going on in America.

Exieties that are all time high, depressions that are all time high. You don't see why I'm telling you, I'm anxious. Yeah, but you're just angry. Yeah, because I'm putting it into good kind of anger. You're the kind of guy that I want on my team with a gun. Yeah. So let's go to the next story. Obviously, super tragic what's going on.

And if it doesn't fit their narrative, they don't want to talk about it. But I'm going to tell you what's going to happen. It will backfire. It just will, because the story's going to catch up and it's going to happen. It will backfire. It just will because the story is going to catch up and it's going to be personal to them. Just like a Robert De Niro who cannot stand Trump to save his life. A documentary was coming out at a festival, movie festival, and it was the vast documentary. It was called Vax that believed or something like that. And he talked about his son.

He never talks about it. His oldest son is autistic. And Robert Deneurs, not a fan of vaccines. He's a full blown liberal hates Trump to the highest level. But guess what? When it comes onto vaccine, they're on the same page. Really? Yeah.

I don't know if you've seen this document, in the interview, what he does, and how he was silenced. And he's like, I don't really want to talk about it, but this, and this is something everybody asks for. Oh, I didn't see if you've seen this document in the interview, what he does and how he was silenced and he's like, I don't really wanna talk about it, but this and this is something everybody asks for. Oh, I didn't see it. You did not know a lot. Yeah, so eventually, enough of people are going to flip and they're gonna say, this doesn't make sense.

Common sense eventually prevails. But before it does, it destroys a lot of people's lives. Common sense eventually prevails. Before it does, it destroys a lot of people's lives and it's happening prevails before it does, it destroys a lot of people's lives and it's happening right now. Let's go to the next story. So, DI with Harvard alum, Bill Ackman,

calls for resignation of board members who supported Claudine Gay. Here we go. So supported Claudine Gay, where's the Saddam Suka? Bill Ackman, Harvard alum and CEO of Pershing, Square Capital Management, insists that the corporation board should not remain in their seats protected by the unusual governance structure, which enabled them to obtain their seats.

He calls for the resignation of board members who support the former president, Claudine Gay, and board chair Penny Pritzker, Ackman identifies Harvard diversity, equity, and inclusion policies are as a root cause of the institution's problem, DEI. Stating the DEI movement is an important contributor to our growing divisiveness. He expresses concern about the impact of these policies on Harvard and the broader educational system.

Now, Al Sharpton targets Bill Ackman over criticism of school's ex-presidents, the EI. He says civilized Actams Group's national action network plans to pick it outside billionaire Harvard's graduate, Bill Acman's New York office, enthers a import test of influential alum's pressure campaign to oust ex-Harvard president Claudine Gay and his criticism of diversity, equity and inclusion. President Gay's resignation is about more than a personal or single incident in Charlton said. This is an attack on every black woman in this country who's put a crack in the glass ceiling.

It's an assault on the health, strength, and future of diversity, equity and inclusion. At a time when corporate America is trying to back out of billions of dollars in commitments. Most of all, this was the result of Bill Acton's relentless campaign against clodding gay, not because of her leadership or credit in shows, but because he felt she was a DI higher. And by the way, more stuff came up about her plagiarizing. And Harvard's still going to pay her $900,000. By far, there is something we have to consider here that is actually very serious thing for us to consider. We have to know that anytime you work with somebody as successful as her, she has absolute keys to success.

And there's three keys to success that I think everybody can pick up from Claudine Gabe. Rob, if you can show to everybody, I think it's important for people to see this. The three keys to success by Claudine Gabe. Hahaha. Control, copy, and paste. That is so fun. That is, somebody just sent me that meme right there.

It's funny, I want to say Trump just posted this or not. But yeah, so when you have a story like this and you're going back and forth and then Sharpen comes in and it's a black thing, it's a race thing again. I mean, you're going back to exactly what DEI was a shitty idea in the first place. Go ahead Adam. You go first. Go ahead, Tom. You know what's really interesting?

I'm just going to go to one thing we'll go to Adam it's like the longer Al Sharpton speaks it's kind of funny if you've watched him on cable when he gets going and they don't interrupt him he usually accidentally discloses the real truth and he did it here at a time when corporate America is trying to back out a billions of dollars and commitments commitments to what It's the DEI shake down. That's what he's talking about. So he's upset because the money train is about to stop. And the DEI, the investments by corporate America that went to foundations, had nothing

to do with DEI. He's talking about the shake down. And the longer he speaks, eventually he speaks the truth. And he says at a time when corporate America is trying trying to back out a billions of dollars in commitments commitments to what out what exactly yeah and you guys know that apparently brock obama who he went to Harvard right yeah he called and lobbied like he's like don't let her go keep her on who gives a shit like keeper in the position and then like. And then, like, leaves and then 900,000, like, she's teaching a class, still?

Is that what it is? She's getting 900,000 dollars a year. To be a professor. Yeah. What is she gonna teach? Well, remember, it's so is, so is Penn. Penn, the president resigned, and she went back to being a professor.

So they take one step, but then they also kind of circle the wagons a little bit. So Tom, I want you to use what you always talk about with when there's issues and those problems. And you talk about what's going upstream versus what's going downstream. Break that down that I'm going to make my point. Oh, upstream problems versus downstream problems. Downstream, you find a polluted lake and the liberals want to build a $1 trillion filter

to put in the lake. And they want all of the people that are using the lake that have any money whatsoever, they want to tax them to death to pay for it. Whereas upstream, somebody goes upstream and says, well, where's the stream that's putting all this crap in the lake coming from? And they go upstream and they find out,

do you know the campsites are dumping ash and everything in here? And there's also a pesticide factory here and there's this farmer that's got all this runoff. You know, if we reroute all this stuff and take care of that properly, then that's going to be a happy little stream filling up the lake with clear water. So maybe we'll just fix that and it's one tenth of the cost, but it's twice the effort. It's so easy to stand up and say, we did a $1 trillion filter and we need all those other people to pay taxes to pay for it.

Right. So essentially it's addressing the root of the problem, the cause of the problem, not sort of the symptom of the problem downstream of the lake, because that kind of a fair assessment. So Claudine is not the problem. She is just the symptom. She's basically the downstream effect

of the problems that have basically infected Harvard and just the university system for decades. Okay, so her head's on the chopping block, it's been chopped off, what have you, but she's not the problem, she's the martyr, she's the figurehead, she's the latest victim of this woke DEI ideology. But you know, they came out with the rankings of the free speech amongst college, right?

We talked about this yesterday. Harvard, this bastion of intellect, the Oxford of the United States, the best place to go to school in the history of America. Do you know what ranking was? Harvard was in free speech? Dead last. Meaning that is the worst free speech in university in America, okay?

So the reason that I say that she is not the problem, she's the symptom, she's only been the president since July 1st, 2023. She's been there like six months. 12. Yeah. She just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just, just job plagiarism or not? What do you see there, Rob? Just that chart that shows exactly what you're saying. Thank you, number 248 in the free-speed ranking.

So these problems that are going on on Harvard with the Gaza Brigade and the, you know, the Trans stuff, dude, they've been lingering for decades. And then she shows up and they're like, okay, black ladies, shaved head, yeah, we're gonna get her out of here. But she's not the problem. She's a deep, deep symptom of the problem, where it's no longer a meritocracy, where it's

no longer a free speech campus. It's, you know, put her in position, she checks that box, she's black, she's a woman, boom, we need that. But Adam, you think she got kicked out because of her, you know, black woman or because the fact that they couldn't answer the question of why they were allowing this anti-Israel anti-slippment. Clearly, it could have been any race in my life. I said this the first time.

Yeah. Anytime someone gives you an open-ended question, are you pro or against genocide? And you say, I don't call this. Just take the arm against genocide. Whether it's Jews, whether it's blacks, whether it's Asians whether it's Christians whether it's Catholics where it's Muslims whatever it is Be on the opposite side of pro genocide. Yeah, how freaking hard is that to do so when someone goes well, you know depends on the context They'll go what context the actual context, they'll go, what context? The actual,

John, John aside. That's when you should speak up. What are we talking about here? So that's when people's headlights go, yeah, what's going on around here? And then when you're gonna start losing funding, they have the biggest war chest of any college. What's the biggest, what's it called, bet?

Endowment. Endowment of any school ever, what is it? Like $50 billion, what's the number, whatever it is? Ridiculous. Okay, so meaning like the philanthropist, the donors, the big time donors, they're like, yeah, I'll put up a wing and the business school and name it after my family.

I'll donate to the sports program, whatever it is. And all of a sudden, I mean, listen, you know, you go to Harvard, you make money, right? Bill Ackerman, Obama, Mark Zuckerberg with the heart, didn't graduate. These guys donate, there's the philanthropist, they're donors, they're mega donors. If the mega donors start saying,

yeah, I'm not getting you a hundred million dollar check this year, people are gonna take notice. Money talks, follow the money. So at the end of the day, she's not the problem. She's a deep, deep symptom of the problem. So her head was on the chopping block as sort of like, you know, sure, will make you happy and you appease what's going on here. But she's a symptom of the problem. This is not her fault. Unfortunately, she's the current president. She had to go. There you go. Kind of see she still gets paid

$9,000. So this is calling a million a year. That's a great compliment. Work for a company for five months, get paid $900,000 here. I'll ask them over a time. Amazing guys, they're hiring. The Harvard's hiring, all you have to do is, you have to be a very unique set of a DI requirement. You can plagiarize your way to the top if you want to.

Obviously. Right? Yeah, great strategy. I'm gonna, by the way, you know what happens if a kid plagiarizes at Harvard? What happens to it? He gets kicked out. He's gonna what happens if you want to. Obviously. Right. Yeah. Great strategy. I'm going to, by the way, you know what happens if a kid plagiarizes that Harvard? What happens? He gets kicked out.

He's going to what happens if you play the right as the Dean, the person running the entire, the president. You know what happens? You're a condo. You get to be asked to go retire and we still pay you 900 grand. Wow. That's awesome. Sign me up.

Sign me up. And you have a next president calling for you saying, leave them there. Well, consequence of plagiarism, very by institution and severity, common consequences include a lower grade, automatically failing the course, academic suspension or probation, or even exposure, can plagiarism be axid?

How many of those kids at Harvard are using chat GPT to write their number before? That's all over, right? How many kids shoot the president? Yeah, that's what I'm saying. Get the kid. Not only am I a client, I'm the president. Yeah, so yeah, it's a, it's a,

a hair club for men. Yeah, but meanwhile, I was, because it matters a lot, Harvard introduced a new Taylor Swift course. So popular, it needs more teachers. Okay, it's a Taylor Swift course. 80s or more teachers. Let me read it to you.

And with her new players and standards. Really vanilla is coming into teaching. Harvard University, Taylor's of course, titled Taylor Swift and her world has become incredibly popular with over 300 students enrolled, nearly 300 students enrolled in role professor Stephanie Bird who leads a course, sought additional teaching assistant due to the overwhelming interest the class explores

various aspects of Taylor Swift's music and impact, including her songwriting, things of adolescence, adulthood appropriation, and queer subtexts, seriously. Yes. It also delves into the influence of Taylor Swift's music on the economy, referred to as Swift Dynamics. Taylor Swift's immense influence on fan culture and the fan economy is significant focus on the course

with her era's toward generating over $5 billion in revenue and fans spending up to $20,000 attigued at them. Yeah, we covered this yesterday in the SouthCast. By the way, Vinny Krosch at yesterday in the SouthCast, Tuesday and Thursdays 4 p.m. anyway. You know, the argument has been made is college even worth it, it's college to scam. Okay, if you need more evidence that it costs more and you're getting less value than ever,

look no further than your kids enrolling in Taylor Swift courses. Okay? And you know, one of the girls made an argument yesterday, it's like, well, then maybe they, this is how they learned They've come this is how they learn to become like a singer or like a songwriter. I go no, you learn to become a singer by singing Yeah, you don't learn to become a basketball player by watching Michael Jordan videos Tom. What are you doing? Tom smoking a bong? You don't have a bong Tom smoking that bong. Yeah, you don't learn to become a basketball player watching Michael Jordan videos

You get out there and you shoot some hoops. Yeah. So this whole situation, which I was going to say, by the way, it's not just Harvard. Again, we talked about the problems are systemic. This is just one of the situations. It's also at Cal Berkeley. It's University of Texas in Austin. My Florida Gator buddies out there, they're doing it up there.

It's not just Harvard. Here's a Northeastern's doing it. South Carolina're doing it up there. It's not just Harvard. Here's another northeastern's doing it. South Carolina's doing it. Austin, P. his teaching case, courses. So at this point, this argument has been made for years now. Is college worth it? Is college worth it? Is college worth it?

We all know that back in the day, 60% of college students were men and 40% were women. It has completely flipped. Now it's basically two thirds women, one third men. So they're saying, you don't need a college anymore. It's overrated, it's whatever. What's more in graceating yourself to young women, 20 years old, then saying, hey, if you go to college, you can go to a Taylor Swift course.

Sign me up. Mom, that might come with a free, swifty ticket to our next concert. It just shows how woke college has gotten Pat has highly this a million times. Thanks for teaching me this, Pat. There's what 13 conservative 13 liberal teachers for every one conservative, the numbers growing. And here's more evidence that you can just go to college, pay 50 grand a year, 100 grand a year to learn about

Taylor Swift. I'm believe. And that would mean what? The business law, over in the business law class, maybe there could be a class on how to do a bad contract. Remember her first contract is like handcuffed the first part of her career. Yeah, she had to remake her whole 1989 album,

the Taylor version. Maybe there's something in there. Like this is a case study on how she screwed up her career, made a bad contract. Maybe they could put something like that in there. But you know that you mentioned Cal Berkeley. Cal Berkeley is doing a home defense course. It's a home defense course.

It's taught by Paul Pelosi, intruder. No, stop it. No, stop it. Intruder front doors, step one, remove pants, step two, poor scotch. So it's, it's like how to protect your stomach. Get the hammer. But you know what? You got your brum, got your brum. Poor Paul Pelosi.

He got me, he was paid $100 million on stock. He was bad, you would think Harvard with all the stuff that's going on. When this type of thing comes up, they go like this, hey guys, we got enough shit going on. Let's keep the Taylor Swift course thing. Let's let that marinate here. What else? What more do you need to know not to send your kids to Harvard? Tell them, what would

you do if one of your daughters, and Brooke was a listen to that, I'd signed up for a course of Taylor Swift. What would you do? Well, we're going to have discussions because I have, I have, I'm like Congress at my house, I have the power of the budget. Yeah. And so if I see, I happen to be, I write checks and I can see what the invoice says and the courses are there. So, you know, the, the cap goes on the pen and we have a conversation. Yeah. I got you. You're saying you can shake them off. Shake them off. Good one. I'll give you that. Good one, Adam. Pat, you want to weigh in on this?

He's still in shock. Yeah, he can't believe. At the entire time, I'm trying to get registered for the next class. All they do online. It's all full, Pat. It's all full. Can I like, I'm sure there's a waiting list

for that little man. I'm talking to customer service right now, same thing, can get me an I. She just got fired, cloning. By the way, there is a chat GBT on using all the proper words to not trigger customer service at Harvard and that's kind of why it's taking me a lot of time you use all the right proper well she's going to be a billionaire if she's not one already yeah well see what she props to her no she's definitely already there if you're wondering if she's a billionaire I think she's already made it if she's not she'll

be there next week you know that by the way, Taylor Swift, she just broke Elvis Presley's record for the most consecutive weeks of being number one on the billboard 200, 68 weeks. Okay, yeah, she's worth 1.1 billion. So that happened this year. Yeah. She broke Elvis's record where she has a long way

to go to beat the Beatles, the Beatles, which was, I think, a hundred and like 38 weeks or something like that. By the time she reaches it, she'll be what? She'll be in her I think, 138 weeks or something like that. But at the time she reaches it, she'll be what? She'll be in her 60s or 138 weeks. Now she's got one more year and a half. Exactly.

Here we go. All right, next, Blackwater Founder, Eric Prince, predicts China will invade Taiwan in spring of 2024. He predicts China will attempt to invade Taiwan in spring of 2024, stating, I'd be surprised if they don't try something under the Biden administration because for them, it has to feel like the door is wide open for them to do whatever they want to do. Prince emphasized that the weather window for a potential invasion opens around May or June,

adding, if they're going to take Taiwan by force force I would predict that they're going to do something this spring. He also criticized NATO's same Trump was right to complain about NATO not paying their share and highlighting and need for Europe to increase its industrial base for defense supplies. Warning they need to crank up that industrial base otherwise they're going to find there's not the supply they need when they want it, when they need it. Do you think China will invade Taiwan in 2024? Well, he's talking about a weather window. And what a weather window is is when, you know, the ocean down there is more commerce,

you could have ground invasions, it's easier to get your ships around. So he's saying that there's like a weather window. And if you know your history, D-Day, they had to wait for cloud cover and fog to clear. And so there's always weather windows that are in there. So he's pointing out, hey, Biden's not doing anything about it. China has a weather window here

and perhaps the rest of the world would be distracted. And he's saying, this is a window where, you know, China might do something and do whatever they want to do. And I think he has a point. I think he's out there, an outlier on this, but I think he has a point. The world is distracted. There's so many things going on.

We're righteously distracted about Israel and Gaza conflict. We're righteously distracted about a complete interruption to global shipping that's gone on with the Houthis and And the normal you know Suez Canal shipping the amount of fuel that's being by the way inflation is going to be up simply because of the Gaza conflict because the shipping container ships are going all the way around South Africa. It's not a card of that. So there's more so there's more cost to shipping there And if you don't think that's like a quarter point inflation, you're not paying attention. It's more gas to get stuff from A to B that people are gonna be buying.

And so again, I think Eric probably has a point. Will it happen right then? I don't know, or is he just trying Pat to put it out there and to make sure that the new cycle grabs it and that guy is paying attention. I don't know why he would do that. What would be the motive of doing something like that for him? I know what his business model is.

I know how he makes money. I know what he's doing, but there's a part of it that, you know, I have a bipolar opinion on this. Here's what my thoughts are on this. One, I believe on one hand China or whoever else it is is sitting there saying, okay, what is Biden up to anyways? Like when did he even say anything? Like think about it. If there's one thing about Biden, you don't even know what the guy is up to right now. He's up 37% of his president.

He's up 37% of his vacation. Weird. So we don't know what he's up to. Sometimes that a good thing sometimes it's a bad thing like you don't even know if the guy is around okay So if these guys want to capitalize Right now is a time to do it because if she sits there and says okay, if we don't do it now And Trump gets elected. They're definitely not gonna be able to do it under Trump. Never. So that means the next time they're going to be able to invade Taiwan's going to be what time? 2029. Let's just say, right?

2029 is the... If a certain person is elected, they ain't crossing that straight. Right. That's what I'm saying. Yeah. And that certain person is Trump. If Trump gets elected till 2029, on the other side, there's a part of me that also is sitting there thinking

that a G or China wants a Trump to be president. Because there's a part of it where, at least when you got a guy that you can talk to and communicate, you can at least know where they're at and get shit done. If you're not communicating with a Biden, you can't get nothing done. Like, for example, when I'm doing business deals and I can get a, I would much rather

get a hold of an asshole, then have a guy I'm negotiating with that I can never get a hold of the sweetheart. I don't know if that makes sense. So when you're negotiating with the guy, I'm like, okay, I already know that guy's an asshole, but guess what? He picks up the call. Okay. but the other guy, freaking, he acts like he's a sweetheart. I never trust him. Nothing comes out of his mouth, do I believe. He's shifty, he's dodgy,

he's always getting others to talk to me. He doesn't want to talk to me himself. I can't do a deal with you. I don't want to talk to you. Perfect example, I'll give you out of a movie. Go to the movie, air. Okay, air is about what? Michael Jordan, the shoe deal, all that.

Nike. Who's the asshole on a movie David false his the agent right when he talked to him how does he talk to you? You're a lady there. You're there. You're dad pieceish and he talks you like that But guess what sonny vicario knew if you got on the phone with David Falk David Falk was driven by what results? So David Falk was driven by what? Results. So David Falk is the guy he had to close to get the family to want to meet with him because he knew David Falk picks up the call.

Deal makers don't care if the other deal makers and asshole. They just care if he picks up the damn call. And if I'm a G, I don't believe Biden's picking up the call. What do you think the communication right now with world leaders or would Biden? Honestly, think about it. What do you think world leaders say, say you are Putin, say you are Trump, say you are Kim, say you are, I don't, Maduro, take anybody, take any world leader right now. What do you think is the level of accessibility to Biden today? I was just a zero. There are no conversations. I was the last time there, the G7 conference, he's standing out there and even Macron came

back out and said, well, we understand what the United States stands for, but there is no discussion of what any discussion for. Zero. Zero. Do you think I was just going to say he's not communicating? Let's just pick Putin. There's absolutely no way he's having a conversation with him. Well, sorry, we didn't invite him and she just meet like a month ago.

Yeah, there's a difference to just meet. I mean, the photo op, you pick up to do a deal, right? Okay. I'm asking a question. If you think they are, then great. What do you think the level of accessibility with Trump was? Meaning, and here's how I gauge access. When I talk to my sales leaders, one of the biggest mistake sales leaders make

is they don't call their clients back and they don't call their sales guys back quickly. So for example, oh, I'm so busy, Paul shit, you're not busy. Call your guy back, he called you. Why are you taking three days to get back to your client? Call him back, he's your best sales guy. Give him a call, right?

So I'm just so busy, I got somebody shit. No, you don't. A great sales leader is always accessible to his best sales people. A great sales leader is always accessible to his best sales people. A terrible sales leader is always acting like they're busy and they never get back to people, right? What do you think? It's a basic question, by the way, Rob, can you run a,

and if you're listening to this, just post a question. If you're a guy, most likely we're even talking to ourselves, no one what's going on with YouTube today? But if you are able to listen to this, No, what's going on with YouTube today? If you are able to listen to this, okay, so, so I want you to think about this here. How long? Let's run a data data, your G, your Putin, your Zelensky, your whoever, you're a world leader top 10 top 20 world, the air to gone, put the most influential world leaders.

Two case studies. You say, Mary, get a hold of the president, I need to speak with Mr. President Biden or Trump. From the moment that statement is made to getting on the phone, how long do you think until you get a hold of Trump? How long do you think until you get a hold of Biden? Wow, just, we understand the question I'm asking, right?

I want you to think about this time. What do you think is, from the moment a world leader asks their chief of staff, I want to get ahold of the leader of the free world in US, case study, Trump, Biden, how long does it take to get ahold of them? I think Trump under five minutes, I think Biden, who there's no, God knows what they're gonna do.

I think somebody else is gonna be on that phone call. What do you think the number is? I'm with that, I think Biden, who there's no, God knows what they're going to do. I think I think somebody else is going to be on that phone call. What do you think the number is? I'm with I think the G7, you know, the G7 economic players, I think it's like within two hours, whatever he's doing, they're going to find a buffer between it and he's on the phone. He's on the phone. You know what I mean? Like if if Trump was here doing a speech, he's doing this and then boom, I think soon

as he has a buffer in the schedule, he's on that phone. Okay, give me time. Within two hours, I think G7 calls Trump, Australia, what do you think Biden is? Biden? Honestly, Biden to get Biden on there. It's probably about an hour and a half. Hi, this is Hunter, routing number and account number, please. No, but what do you think it is though?

On a serious note, like jokes aside, Tom, what do you think it is? Biden, I don't think you can get a hold of him same week. And I think it's going to be a policy walk and that secondary state. So I think Biden is a day or two. I think Trump is a couple hours. Now here's the thing, in the world of getting shit done, okay. Were you going to give a number or you don't have a- I agree with you.

I think Trump's the deal maker, the art of the deal is going to pick up the phone. He might even just call your ass. That's how I was going to say that. No, no,'t have a number. I agree with you. I think Trump's the deal maker. The art of the deal is gonna pick up the phone. You can even just call your ass. That's how I was gonna say that. No, but that's what I'm saying to you. So, but in the world of negotiation and getting deals done, in startup time, I always say this, a minute is an hour, an hour is a day, a day is a week, a week is a month,

a month is a quarter, a quarter is a year. You lose a quarter, you lose the year, okay? But when you're dealing with diplomacy and world affairs, a freaking minute is like, what do you, like, let's go. Gotta get on the call, right? But it could be a war. It could be 10,000 people dying. It could be a guy pressing a button.

You don't wanna press. It could be a, you know, all these other things that could be taking place. So to me, I think there's a part of the whole Chinatai one thing that I think Trump, G, wants a Trump type because at least he gets to win or lose based on how good of a negotiator G is. I think G wants to negotiate with somebody

and I don't think he negotiate with Biden. I'm gonna give you one thing, give it. So we're talking about US and China right here. We're talking about Biden, whether it's Trump, whether China attacks, but obviously there's a third party involved, who's the third party? Taiwan. Yeah, you know, it turns out they have a say in this matter.

Pat, you highlighted something very interesting yesterday. You said, what percentage of the world is holding elections in 2024? It was a bunch of them. 40. 40. 40.30. 40.2 billion possible voters, 44 trillion dollars of the world economy. Pretty impressive.

You know what? You know who's on that list? Taiwan. Yes, they are. Do you know when their election is being held? Next week. Oh wow. How about that? How about that? How about that? Catch me outside Taiwan. Yes, they are. Do you know when their election is being held? Next week. Oh wow. How about that? How about that? Catch me outside Taiwan. So their election is January 13th, 2024 by the time this video comes out, we're one week away. Okay, we're one week away. There's just they have a three party system in Taiwan. Don't ask me why I know this, but I've done some research. So the current party is the as the the president is the Democratic progressive party. So they have the progressive wing, they have the moderate wing, they have the right wing.

Turns out, it's, you know, like the, like super progressive, moderate conservative party here in America. There you go right there. So that's the president there on the left. Lie, Qing, sorry, the president, si ing went. Okay. Anyway, I mean, you tried. It's all the boring food.

It is what it is. Yeah. But the point is they have an election. Yeah. And it turns out there is no appetite amongst all three parties to do any deal with China, you know, because the whole argument, like, why would China attack Taiwan? Why? They want.

We all think it's about chips. It's market share of chips and how it's power. Market share and chips and economic power. But Taiwan was part of China at one point, right? The one China policy just as Hong Kong was, right? We've seen what happened when Hong Kong basically let China basically get their tentacles back on them. There he is, Leng Chi Te.

Okay, my guy. My guy, my buddy. But even on the right wing of the party, the Taiwan people's party, I believe that's what it is. There's no appetite to be a part of China. That's traditionally was what their stance was, that they actually wanted to be more closely aligned with China. And it turns out that the young people 2% of young people under 30 in Taiwan want anything to do with China There's zero appetite within Taiwan to be a part of China. This is like saying Hawaii

Right, yeah, one of our 50 states. We're like other. They're part of the union What are you talking about and they're like nah, no, we're good. Oh, we're doing our own thing over here in Hawaii It's like no, you're you're part of America. You're And they're like, no, no, we're good. We're doing our own thing over here in Hawaii. It's like, no, you're part of America, part of China Taiwan. No, no, we're good on that. So we're gonna see what happens in a week. We're gonna see what party wins.

We're gonna see what platform that they're basically endorsing for their people, because they have a vote there. Obviously, what's going on in this situation now of China needlessly attacks. But there's a situation of brewing, I don't, China's vision, what is it, China 2030? Oh, God.

What was it, Pat? 2025. 2025? Yeah, one China 2025. Okay, but that got pushed back a little bit. Maybe in China 2025. That got pushed back a little bit due to COVID. Yeah.

So I'm labeling it 2030. By that point, either Trump or Biden. You just changed it for China. So you became Xi. Yeah, you're powerful. Yeah, I did. I did. Well, that was their model pre you became G. Yeah, you're powerful. You're powerful. I'm not like, they're not. Well, that was their motto pre-COVID.

Yeah. Clearly they've taken a major hit. Economies grumbling, unemployment, youth unemployment. China's a mess right now, ever grand, the real estate situation. They're sort of a paper tiger at this point. But I'm moving it to 2030. I just made that official. But by 2030, Trump nor Biden will be the president.

That's a fact. Yeah. Okay. So we'll see what happens. And you guys who mentioned it, because you guys are talking about Biden, who will pick up the phone. So you guys hear there was a report that Biden, when he met, she, he thought it was Jackie Chan.

He was like, I love you in Russia. He's like, no, no, that's not me. And that's the whole, anyway, but here's my, I love you, I love you, I love you, I love you in Russia. I was like, he's like, no, no, that's not me. And that's the whole, anyway, but here's my, here's my, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you,

I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you,

I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, I love you, he was talking shit about trade, he held them accountable then all of a sudden COVID leaked from this lab. Got basically got Trump out. How do you think that relationship is gonna be?

Is he gonna go back to FDU, hold them accountable? That's gonna be a danger. You should, you're always gonna prefer a guy you can get on a phone to negotiate with them when you can't. I'm going to go back to the story. I agree, but what I'm asking you, Pat, is what I think is gonna happen. I think Trump's gonna play ball.

I think Trump's gonna go out there and impose and challenge and he knows what China's gonna fear. China's gonna fear an investigation into one lab. And because of that, Trump's gonna get a good deal for America because he's gonna put that to him and say, listen, don't make me want to go investigate what happened with COVID, because you knew you destroyed the world. Don't make me want to go invest in you, it would happen with COVID,

because you knew you destroyed the world. I don't make me go there. And that's his car to negotiate with. That's what a negotiator's gonna do. He's gonna hold down to that car. Rob, go back to his chart, where it said, who did the people of Taiwan one relationship with?

It was the blue chart and a green chart. And it was like 82% one relationship with you. There it is. So these are the people of Taiwan. They get a vote. So let's just talk about China. We're gonna talk about the US. We'll talk about China.

How about the people of Taiwan that live there? They do. Have a favorable view of the United States. 68% of China, 35%. Almost two to one. It says support closer economic time is with United States. 85%. China, 52%.

Support closer political ties with 79%. China, 36%. What's your point of? If Trump gets elected and he wants to put the USS Enterprise on the coast of Taiwan, the people are gonna be waving little flags and they're gonna want us there. You know, this, this,

That's the part one bipolar with this time. There's a part of me that's kinda like, you know, this, this, that's the part why I'm bipolar with this time. There's a part of me that's kinda like, you know, but she is gonna be like, why are you getting involved with my ex? Why are you getting involved with my kids? Why are you getting involved with my kids? These are my kids.

Okay, stop getting involved in art divorce. Stop getting involved in art this. That's kinda what China views this because Taiwan used to be part of. So to them, it's kinda like, leave this relationship alone. Well, they actually sent Chiang Kai Shaq, they exiled them to frickin' Taiwan. That's how this whole thing started.

It was something they didn't want. It was the equivalent of, it was Hillary Clinton and the deplorables China version. You go over there, you get out of here. You're not part of China. You're exiled over here. Well, back to Vinnie's point about Trump's relationship with Xi and China. Rob, if you can check this, I think I'm right,

it could be wrong. On Trump's first day in office, he called or took a phone call with the president of Taiwan. And he called them like, yeah, is there it is? On December 2nd, Donald Trump wrote on Twitter, the president of Taiwan called me to wish me congratulations on winning the presidency. Thank you. So this is a month into his presidency. And then hours later, interesting how the US tells Taiwan

sells billions of dollars in military command, but I could not accept the congratulated call. Because basically she was like, yo, what are you doing, bro? Taiwan is part of China. Don't be taking phone calls from their president. You take the phone call from me. I remember this was like big news back in 2016. Big news, okay.

Yeah, in Wikipedia, it's just called the call. After the call in December 2nd, okay, there it is right there. Trump then what raised that on Twitter, did Rob Punchin, did China ask us if I was okay, devalue their currency if I did, if it would make it hard for our companies to compete, heavily tax our products going to their country, the US doesn't tax them or build a massive military company.

So the point is this situation with Taiwan, it was brewing since day one of the Trump administration. So we'll see if there's an act two coming up in 2024. Well, a whole pandemic number two, let's not come out of there. So yeah. All right, last story, what are we gonna go with rap? What story do we wanna rap up with? Can we do something up Epstein? Yeah, let's do Epstein.

If we're gonna be up lifting, yeah, let's talk about Epstein because hey, everybody else, I mean, can we get into it? Cause I wanna ask, cause I wanted to ask, well, Pat and everybody a question about this whole situation. So you do wanna go into the Epstein's first? 100%. Let's go through.

Epstein's brother info about Trump Clinton would end 2016, but the, Rob, where's the story about Epstein with Tucker? You have the one with the Tucker interview and the notes on that. There's a couple of frows. We've already done that. We've also Megan Kelly,

what she has. Second batch, core document. okay, here we go. So, Jeffrey Epstein's list update, second batch of Cordocuments unsealed. This is page eight. And then, yeah, Megan Kelly said something. Do you have that clip, or about making Kelly,

we're gonna play that clip here in a second. Very weird, what Megan Kelly just said. But let's go through this one here, January 5th. So, newly unsealed Cordocma, we're real claims that President Clinton and his connection Jeffrey Epsen, these documents, lawsuits for Virginia, Jelaine Maxwell, contained Miss Clinton walked into vanity fair office and pressured them to not write about Epstein, a magazine spokesperson denies the claim.

While Mr. Clinton spokesperson asserts he knew nothing about Epstein's crimes, the documents are the second batch of unsealed filings related to the lawsuit. The first batch included names like Trump, Andrew, magician, David Copperfield, but does not indicate wrong, indicate wrongdoing. Maxwell had been sued in 2015 by Virginia. Jiu-Frae for defamation, but settled in 2017, keeping the documents sealed until now.

Rob, can you pull up that clip of what making Kelly just said? So watch this, you guys. Here's Megan Kelly. I'm taking this off for it. Fascinating. And we're not done with Jeffrey Epstein. I can tell you that for a fact. I can't tell you how I know, but I can tell you for a fact, we're going to hear a lot more about Jeffrey Epstein in the coming year. And you may be even hearing from him directly. More on that as I'm allowed to tell. What is she talking? Like, yo, yo, can you, and me and Rob just talked

about this, Pepp, before we started. Can you imagine Adam, out of nowhere, he's, Epstein shows up completely protected by, you know, security in everybody's like, I got a story to tell. And he has all these tapes and everything because his brother hiding his face. I'm kind of on the fence because Rob showed me earlier that he has all these tapes and everything because his brother hiding his face. I'm kind of

on the fence because Rob showed me earlier that he has ties with Adam Schiff. He has ties with Maxine Waters. I don't really trust the brother. He's not showing his face. Who knows? He's saying, oh, my brother's not going to, by the way, the way that the body was handled, Epstein's body, they took off his clothes. They put on a gown. There's so many mistakes. Besides the cameras, besides the guards, it's obviously some really, really sketchy stuff that happened with his brother, Pat. But I want to ask you guys a question,

and a real genuine honest question, because they mentioned Clint Clinton's the main name besides Alan Dershowitz and Stephen Hawking, which I don't even know how that could have happened where people were having sex with him in the print. And print Sandrew. And print Sandrew, but how much more do we need to learn about Bill

Clinton until something he's held accountable for his actions and let me just really fast. He's been accused of sexual assault. We need a broadric accusement of rape in 1978 in a hotel room where he almost ripped her lift her lip off. All right. Leslie Milway accused himingosexual assault in 1980. Paula Jones accused them of exposing herself in 1991, as well as sexually harassing her.

Kathleen Wiley accused them of groping her without his consent. I don't know if you guys remember, do you guys remember what the left was shoving down our throats, no pun intended, believe all women? All right, that doesn't apply if those women are accusing people on the left.

Moving on, 1995, he was in office, Monica Lewinsky, all women. All right, that doesn't apply if those women are accusing people on the left. Moving on, 1995, he was in office, Monica Lewinsky, 18-month affair. He was hooking up with there with, you know, the whole cigar story, smoking a shove, you know, he's a freaking deviant. And yesterday, we learned 50 times, he was an Epstein's document dump, where Epstein told, one of the victims told, I'm sorry, Epstein told one of the victims told, I'm sorry, Epstein told one of the victims that he likes them young when it comes to women. So here's my thing, nobody, nobody should be above the law. Not the average Joe and not a former president.

How much more do we need to hear from demons like this and just information until we do something about it, right? Like enough is enough. And that's why, I think it was two days ago, I told you I go, there could be a video of him, Bill Clinton hooking up with the underage girl and nothing would happen to him. People were like, yeah, I don't know.

What's gonna happen to him? Is anything, what is it gonna need to take for him to get in trouble to actually go to court? What? Well, this is progress. I think this is a start to what's going to happen. And we're going to see whether, you know, if this will continue or not, if it does, great, if it doesn't, it is what it is.

But the reality of it is, Vinnie, this is progress and it's going to require people to be patient. You know where he was at December 29th and where he's at till today? He's been in Mexico. Really? and where he's at till today? He's been in Mexico. Really? Yeah, he's been in Mexico, meeting with the... They've been out of the country. On purpose, you think?

I don't know if it's on purpose. I just don't build Clinton's spot of smiling greeting passer-buy in Mexico hours before named in Jeffrey Epstein's list. Yeah, they've been out of town. They've been over there in Wanoatto, I think. If I'm not mistaken, is it Wanoatto or Waka? Let me see. What's the city they're in? Wanoatto, yeah. So they've been over there in Wano Watto, I think it's if I'm not mistaken. Is it Wano Watto or Wahaka? Let me see.

What's the city they're in? Wano Watto. Yeah. So they've been chilling. They've been chilling over there. And gradually I can tell you for a fact that there are some things coming up. And a lot of people are not going to be what's this time. That's him there.

That's him in Mexico. Is that the shirt? did he wore that day? No, not the golf shirt. But this is progress. Accountability starts with this. Listen, if Jeffrey, did you watch Jeffrey Epstein's brother's interview with Tucker? Did you watch that time? Did you, did you watch that time?

I mean, so what did you think about it? We want to play one of the clips, go play the clip, right? Well, while he's doing the part, by the way, just so you know, Jeffrey Epstein doesn't like Tucker. Doesn't like Trump, his brother. He's a liberal. He's not on the right. This dude.

So why would you as the brother of him want to come forward in this moment, he's not going to, he's not sticking up for a room because he was like, I didn't see him for seven years. I had no idea about it. Yeah, but I've been seeing him for seven years. 18 months apart. Yeah. He's a successful realist, dude. I didn't want to show his face to Tucker.

I understand that. Oh, really? His ties to the left. He has. You'll see it here a minute. He has ties to the left. And it's almost as if, you know, he was trying to be like, well, he didn't kill himself to kind of distract him because, like, with Megan Kelly saying stuff, like, you might

hear from him as well. There's like, I don't know what the percentages, Rob, we talked about this. How many percentage of Americans think that he actually still might be alive because of all the mistakes that were made with the body? Play the clip. Yeah. And also play the Megan Kelly clip after this. We already did. We showed it. You were smoking. We smoke. Go ahead. Play. We showed them. Good were smoking. We were smoking. Go ahead, fight. We showed them. Go ahead.

High profile inmate in the most secure federal facility in the country's largest city, who was somehow murdered, clearly with the knowledge of the Justice Department and the Attorney General of the United States lies about it, which he did. Bar. And there's no reason to do that, except to cover up the crime.

So what does that tell us about this? Well, it's a scary thought that you could be killed in prison by the government. For your brother was dead in his cell and had been dead for two hours. At least two hours. At least two hours. Somebody cut off his clothing and redressed

the corpse in hospital scrubs in a gown. Yeah, I have a photograph of him in a hospital gown on our gurney in a hospital where his arms were put through the sleeves. Like, you have any other clips, Rob? Well, think about it. And just Adam, the cameras weren't working. The security guards messed up.

The body was tampered with, the brother can't find out that there's so many inconsistencies and we still know he didn't, he hasn't seen the body, he didn't actually see the body physically and they moved it to the infirmary which is not protocol, you're not supposed to do it. So, and then you hear all the rumors about him with Masad and how many times it, the prime minister of Israel go to his house in Manhattan. A. H. Barak was up there. How many times, Rob? Between 10 and 100 times. Okay. Between 10 and 100 times, it's absolutely ridiculous. And Pat and I understand what

you're saying with it's slowly coming out. But we've known about Bill Clinton since the 70s. When women are saying he's, he raped me, okay? He's been a deviant this entire time. They've taken LiDOTek to test and they've passed, which I mean CIA agents know how to pass LiDOTek, the average American doesn't do it. At when are we gonna go, all right everybody, let's take a time out, you're a freaking bad guy.

And you need to go to, have your day in court, but dude, he's a disgusting human being. He's the same. I think Clint, Clint is one of them Alan Dershowitz, dude, and why is it when you see all these people that are accused? When you see Alan Dershowitz, when you see a John Podesta,

when you see a Kevin Spacey, is it just me or when you see these people, they all look the same. They all have that evil vibe. The Jeffrey Epstein, that's both of him and Jill. They look disgusting to me. Bill Clinton is one of them. I don't care. How good he was for the country.

Something interesting to note, these names are coming out from one lawsuit. There's reportedly more than 34 different women who have sued the Epstein state. So this is just the claims from one of those lawsuits. John what happens if the other 33 lawsuits and victims, those testimonies become unsealed. What names will come out then? I'll tell you one thing about Clinton. You know, we had the opportunity to spend some time with him in New York right on the way at the polling.

You know, it's not like we would have a meeting. I get it. You know, they call him slick willy for a reason. You damn right. So here's where I'm at with this. If there was anything, anything with underage girls, hold this man accountable. 1000, but whoever it is, whoever it is,

whatever it is, hold them accountable. If it's a situation where he's just banging other chicks on the side of the Hillary, you got my vote, buddy. I think I wanna spend every night with Hillary Clinton. All right, so I'm just gonna go there with that. What about rap, what about rap, what about, what about, what about, what about women saying he broke me and raped me?

That's already been a dress. I believe all women are dressed. I believe all women, the whole of Jones stuff, the Waluensky stuff. I'm specifically talking about the absinstuff. Dude, Donald Trump showed up in 2016 with the accusers. I love the path of fucking debate. Have you ever seen anything like that?

You like reality TV, Google, that Trump Clinton debate. Bill Clinton, who was 70 years old, the time, looking at his 188 years old. He was about to die in there. Okay, I've never, okay, dude, there that look. Look at that look, come on player. Well, that's not his daughter. That is his daughter.

That's not his daughter. That's Chelsea Clinton. Who is the person that they say that is Chelsea Clinton? That's, that does that look like him? Vinnie, by the way. That is Chelsea Clinton. Who is the person that they say that is Chelsea Clinton? That's that does that look like him? That is Chelsea Clinton. Okay. Okay. Okay. Okay. Why don't you do it? Yeah. Who is Chelsea Clinton's five? Please Rob, please. Who is Tom? What's his name? Web Hubble. Web Hubble is the eye.

Go to image. Go to image. Go to image. What are we doing? Go to image is Rob. What kind of nonsense are we doing right now? What type of Tom Foulorey? Web Hubble. That's the guy. That's. That's his, that's it. That's it.

Well, wait, how about the sure guys? Yeah, you win just a random picture. A guy I've never heard about. You win the argument. I'm not the, not the, not the, the girl that he's been raising since the time she's zero. And what about the black kid from Arkansas? Did you see that kid? With it, with it, with it, call him, they go that, that's Clint.

And then he go to your unusual suspect, Clinton bullshit. Okay, I'm not like, it's not, well, you love him that much. I'm not, I'm just saying I like to live in reality. What's, what's, what's, what's, what's Vinnie talking? Yeah, who, who's the, who's the son of the Arkansas, the Bill Clinton's son, Roger Stone actually wrote a frick, did a documentary about this kid and went there. Who does that person look like?

Any Williams, anything. Danny Williams, and that's, he, he claiming, yeah, who is that Adam? Do you have any discretion or if you just see something, it's a hundred percent fat on Adam. There was a documentary, Rodgers don't develop. Listen, does that not look like him? Listen, they, in the neighborhood. Jordan, say that looked like him.

We did this whole entire conversation before you joined P.B.D. podcast with Frickin' Dr. Jordan Peterson. Everyone's like, of course, I wasn't, I didn't do one with, I know some saying before, you know what before it means, maybe. Who do we ask about? We are Justin Trudeau. And this guy spent two hours ripping on Justin Trudeau. He's the worst.

He's the, I would never in a million years. And we asked him, you know, there's been stories that Fidel Castro is actually Justin Trudeau's dead. He goes, I can't, come down. It's type of thing. It's not, it's not. So the point is somebody who hates Justin Trudeau with all his heart, with all his passion would not even do that.

So believe me, uh, Dr. Jordan Peterson hates Justin Trudeau way more than you hate a Clinton. I can guarantee you that. I can guarantee you that. Well, my, so you still have a discretion before we turn, make it a whole. I mean, nothing to hold on. Hold on, hold on, no, I to dress this bullshit comment that you just made. I'm saying from the beginning,

this isn't even a fake comment. Bill Clinton, how much more do you need to find out, Adam? How much more do you need to find out about Bill Clinton? Like the guys, how much more do you wake up every morning thinking about who Bill Clinton is? No, I don't give a shit. You're doing it. He's on Epstein's list 50 times. You don't think the world's paying attention right now?

If there's underage girls, that's what's going on. Hold them accountable. Okay. Okay. You're just banging random chicks. And he has an illegitimate child. Okay. Half America has that shit.

I'm just saying though, I'm not just thinking with the underage kid thing. What about the rape allegations? Oh, she just stole that one away? It's not in my business. Okay, it's not in your business because you don't care. He's already been on trial for that. Yeah, but he, I don stole that one away? None of my business. Okay, it's none of your business, because you don't care. He's already been on trial for that. Yeah, but he, Adam, he's not on trial.

Do you want to go really, you're already going to go really, really, really, really, to the gate? Okay, he's got no, 1107 guys. You know what, let's make it this. Maybe we should go. Turn left and the daily positive, dry pass. Let me make, spin this positive.

I'll do it real quick. Here's why the Epstein thing is not going away. You, I don't know why you're making this so much about Clinton. Let's make this about Epstein. You're like so fixated on Clinton. Let's make this about Epstein. And this is why Epstein isn't going away. Conspiracy theories. JFK, who are the biggest of all time? Elvis. People think he's still alive. Two-pock. All that was pre-social media. All that was pre-podcast. All that was before this disruption that's going on. The reason that this is never going to go away for Epstein is because people like us,

people that are podcasts, people that are social media, people that have voices, people that want fricking answers are not going to drop this. The Whitney webs of the world are not going to be science. And this is what the people want to know about. So this is the reality. I like to stay fixated on what the hell happened with Epstein, not slick Willy. But slick, but out of all people who was mentioned the most,

that that's my point is him, Prince Andrew. No, no, it's not. It's 50. How many times did he fly there, Adam? Bill Clinton is all over. The story we just talked about was Bill Clinton. So my thing is Adam, just, you're breaking his heart.

You're breaking his heart. I know, I don't do that. It's accountability. There's no accountability. He was the first president you ever voted for. You said that. I'm still I'm still saying that. It's the truth. I was 18 years old. So, but anyways, having said that podcast is over. Kang for those of you guys that kept coming back. I have to tell you, I have a lot of respect for you. I appreciate you.

Thank you. The good news is this is going to be cut up in clips. YouTube just got back to us. They said they're going to send us an email telling us what's going on. We just checked other channels as well. Some podcasts that are non-related to politics to see if they're experiencing it. Some of them didn't. So it seems to be the Jimmy Doors are having a Tim Kassar having a few of them are having it, but some of the regular channel shows are not experiencing what we just experienced today. We'll investigate a little bit more to see if there's anything credibility to it or not.

Aside from that, have a great weekend. We will do this again next week. And again, for those of you guys that are hardcore, hardcore viewers of the podcast, text award podcast to 3103401132. So you can know what we're gonna be doing. God knows what's gonna happen in the future, but stay close with texting award podcast to 3103401132.

Have a great weekend. Take care, bye-bye. you