PBD Podcast - Francis Suarez & Graham Stephen | PBD Podcast | Ep. 293

Episode Date: August 5, 2023

In this episode, Patrick Bet-David is joined by Francis Suarez & Graham Stephen. They the Gavin Newsom vs Ron DeSantis debate, the U.S. Credit Downgrade, and Mayor Suarez running for president. D...onate to Mayor Suarez's campaign: https://bit.ly/3qhWTtv Subscribe to Graham Stephan's YouTube channel: https://bit.ly/3KqxuEO Get tickets for The PBD Town Hall with Vivek Ramaswamy, LIVE at 5990 on Friday, August 4th: https://bit.ly/3XWnTLn Get Your Tickets for The Vault 2023 NOW ⬇️⬇️ The BIGGEST EVENT in VT History! *TOM BRADY, MIKE TYSON & PATRICK BET-DAVID on one stage!* https://www.thevault2023.com/vault-conference-2023?el=YTPODHTEP Visit Our Website! https://valuetainment.com/ Subscribe to: Adam Sosnick - @ValuetainmentMoney Vincent Oshana - @ValuetainmentComedy Tom Ellsworth - @bizdocpodcast Want to get clear on your next 5 business moves? https://valuetainment.com/academy/ 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 Text: PODCAST to 310.340.1132 to get added to the distribution list 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

Transcript
Discussion (0)
Starting point is 00:00:00 I Did you ever think you would make it I feel I'm so I can take sweet the story I know this life meant for me Yeah, why would you plan on the life when we got bett David value came in giving values contagious. We're on your panels. We can't no value to hate it. I'd be running home. You look what I become. I'm the one.
Starting point is 00:00:32 What episode is this? 2.93 episode today with Mayor Suarez and Graham Stefan, which is a weird combination because you were running for nothing, right? Nothing. You happen to be a guy that's got, you started real estate at 18 years old. I did. You sold $130 million of real estate.
Starting point is 00:00:55 You got, I think, two YouTube channels. Maybe more. One of them's like four or five million subscribers. The other one, the ice coffee hour, which is phenomenal. We did a podcast together. So much fun. last year at MGM Matter-Fuckers come you're right because I'm going to be in Vegas Monday for our next
Starting point is 00:01:10 guys. So I just wanted to show it. If you can lower that route, thank you. So exciting to have you on here with us and he's a boxer by the way. Yeah, hard to. We heard about that. So that's why a couple of guys I told him don't mess with him. Watch the screen back. He did a he did a celebrity boxing. Which that's what he's here for. That was Adam's main. What's interesting is he lost because you only trained four times. We have the guy that's six six seven six seven seven seven seven eight. Less than five you out there. It's very stuff. If you're going to challenge somebody you've got to go six seven eight six or seven days. And then we have Mary Suarez, the gentleman who asked the legendary question,
Starting point is 00:01:50 how can I help of Elon Musk on Twitter? Shocking. Shocking, yeah. And it's a world, man. Shocking, shocking, shocking, shocking. From there, you know, even recently, I think there was a girl that did a tweet, right, if you can pull this up,
Starting point is 00:02:02 the tweet from Ashley sends a tweet saying, hey, I lived in Texas my whole life. I've never really imagined living anywhere else before, but I really feel like Texas doesn't have much here anymore. Any recommendation must be crypto-friendly, marijuana-friendly, good network, and opportunities plenty to do Elon Musk, probably Miami, right?
Starting point is 00:02:20 Yeah. And this is just three months ago, by the way, less than three months ago when that happened. So Musk is a big fan of you.k is a big fan of what you guys are doing in Miami. Did you know that I responded to that? I didn't see that. Can you go to respond or no? No, it's all right. Well, I don't know if you can, but I responded. Definitely Miami. Definitely. I love it. So, so American lawyer politician serving as a 43rd mayor of Miami since 2017, son of former mayor, Javier Suarez,
Starting point is 00:02:45 he previously served in a Miami City Commission from 2009 to 2017, and first elected mayor of Miami. In 2017, reelected 2021, and now running for office, trying to do the impossible. Something that's never ever happens since 1776, going from mayor to president, there was another gentleman that tried to do it He a guy named Pete. That's right. And So so now you and of course, it's gonna be interesting to see what happens, but it's great to have you on the podcast. It's great to be with you
Starting point is 00:03:14 We call it actually project possible instead of doing the impossible. We call it project possible, which is based on a movie 14 peaks where a guy tries to climb 14 mountains that are over a certain you know altitude of thousands of meters in a certain period of time and they told them most impossible. And 14 peaks. Yeah, 14. You got to see the tunnel. It's really good.
Starting point is 00:03:36 And he did it. And so nothing in life is impossible. You have to start with that premise. Big ideas, big goals, big dreams are all possible and you have to set a course and you have to have a strategy and you have to go there. And of course, you have to have what I call a theory of the case, right? Like how is it going to happen? Yeah.
Starting point is 00:03:54 I think you do a lot of do diligence. I mean, I'm sure in real estate, you do a ton of do diligence before you get involved, you guys do as well. And then, you know, we're in pre-production here, sawing you guys studying and all the work that goes in. People, there's this great saying in the churches, they say, they see the glory, but they don't know the real story. They see the sort of the glitz, the glamour, all the great stuff, but they don't know how much work goes into it.
Starting point is 00:04:18 And then, you know, look, it's the beginning of this process. Like you said, it's a huge mountain to climb. And we'll see how it goes. I'm not going to question for you. Everybody look at their campaign is a campaign for something, right? I'm with her, Hillary Clinton, first female, Trump, Baker America, great again. What is, if you were to say, my campaign is around two or three points, what are those two or three points you're campaigning against?
Starting point is 00:04:44 I think the first thing is unifying the country. The country is incredibly divided. I was blessed to be elected by 85% and re-elected by 80%. We live in a world where we're constantly fighting with each other. And I think the only people that that serves are enemies. If you think about, you know, what is China, Russia, Iran, North Korea, Cuba, all our enemies
Starting point is 00:05:06 are having common, or what do they want to see us in terms of a democracy? They want to see the kryptonite of democracy, which is division. And we're giving it to them. And I think no one is really saying that they want to unify the country. No one really is talking about how they want to do that. So my one word would probably be unity. The other one is to believe to your point. You know, you got to believe in the impossible.
Starting point is 00:05:28 You have to believe in America that anything can happen, that if you work hard, that if you are talented enough, that you can articulate a vision, you can captivate people, inspire people, anything can happen. And it was interesting. I was on a Fox Business interview, I think two weeks ago, and the moderator put up a graphic, which basically showed that at the exact same time that I was doing the interview in 2015,
Starting point is 00:05:52 Trump was at 1%, which is sort of where I am, right? Unknown, well, he was known, but he was not, you know, he did not have a high polling. And so again, we forget sometimes how many times the country chooses an underdog to be the president. It happens so many times in my lifetime. I want to ask you a follow-up question on that. So the first time Trump ran, everybody's like, this is a marketing give me, this is not real, this is this is that. And most people don't realize, I think he ran in 2000. He ran in 2000 the first time. Can you check to see't realize. I think he ran in 2000. He ran in 2000,
Starting point is 00:06:26 the first time. Can you check to see what's the first time you ran? I think you're right. I think you ran before. Yeah, he ran the first time 2000 and everybody's like, this guy doesn't stand a chance. There's no way it's going to happen. There's no way this, no way that. And in this election, you know, you and I have spent time together and I, you know, what I respect a lot about you is I made a video specifically dedicated to you. Yeah. Because I'm a, as a business guy, I love guys that are, you know, getting back to you quick, let's go,
Starting point is 00:06:51 let's roll you and I, one day we're, you see, I think you DM me on Instagram, Pat, can we have you on the show Miami and then we start talking and then I'm driving on the car and the car calling you and we're on the phone, hey, okay, when was on the call, Karina, well, if you can have your system call Karina, we'll get a time to do the podcast. I hang up 30 seconds later, your system, Rosie calls Karina,
Starting point is 00:07:11 they book a time, they come in, I'm sitting there in the car saying, that's the kind of stuff. I don't know if this guy's gonna be a president or not, but a guy that moves that quickly, you have to respect that because sometimes, the criticism of your competitors maybe, they move slower,
Starting point is 00:07:26 like Vivek and I super fast on how we communicate, RFK, you can get a hold of them, talk to them, no problem. Even Trump's camp is easier to work with if you wanna find out what's going on there. Some of the camps, it's not the case. Sometimes it's tough to get a hold of the Santas to be fair with them. I've spoken to them multiple times, nothing's happened.
Starting point is 00:07:44 It's just always talk and then it's challenging. But some say, some say for you, if I may ask the question, some say, is he running because he's running to be a president? Is he running because he wants his resume to say former presidential candidate? Because if you can't do it, you may as well get it out of the way.
Starting point is 00:08:01 Or is he running because I'm gonna get in the ring? I'm gonna get dirty. maybe he wants a position on Trump's cabinet, the Sanctus is cabinet, or maybe it's just kinda like, go get your nose bloody. You're gonna have a bunch of tough situations and then maybe you'll run again 28, 32, 36. Which one of those is it?
Starting point is 00:08:18 So let me just take a step back and talk about something that you just talked about before I answer the question, which is you gotta look at the candidates' history, right? And I think that speed of response is directly correlated with the fact that certain candidates are private sector guys, right? They have that private sector experience.
Starting point is 00:08:38 Even me as a mayor, I'm a working mayor, and I'm a working public official. For 13 years, I've always been able to work, right? So you have that connection to the private sector. That instant response that don't let an opportunity go by, that how can I help tweet, that definitely Miami response to that tweet. That's the private sector part of you that says there's an opportunity, you have to jump on it.
Starting point is 00:09:00 When you talk about someone like the governor, if you look at his history, no private sector experience that I can tell, right? Nobody's ever really talked about that, right? The fact that smart guy, you know, Ivy Leager, Harvard Yale, SuperSmart, smart guy, you know, you know, Jag, you know, serves in the military, wonderful, then from there goes to Congress. I just don't, I don't see the private sector experience.
Starting point is 00:09:22 So I think, you know, when you're just in the public sector all the time, you don't have that same hunger, that same ferocity, that same right. No one's talked about that. No one has actually mentioned that because I think they got so caught up with his public sector bonafides and his educational bonafides.
Starting point is 00:09:39 Nobody actually says, wait a second, this is like kind of like a Joe Biden situation where someone has not worked in the private sector ever and doesn't have a connection, doesn't understand how the private sector works. So I think that's part of it. And I have that private sector and I also have the public sector. I think that also distinguishes me from someone like a Vivek or even a Trump who, who they have a lot of, you know, dynamic ideas, things that are sort of out there. Right. And so because they've never worked in the public sector, when they get in, they're like, well, wait a second, this is a different monster than what I thought. You know, for me, I have a combination of those skills. And
Starting point is 00:10:14 so to answer your question, right, the specific question. First of all, I've done this at a great sacrifice to myself financially. You know, obviously, as you know, family-wise, you're traveling a lot. I have two little kids, a nine-year-old and a five-year-old. I was away yesterday, came back home, and then I'm gonna be away twice next week. So it's a huge sacrifice. It's part of the reason why it took me so long.
Starting point is 00:10:38 Right, it took me a long time to decide to run for president. It wasn't like something I did. And at some level, it was a bit of a disadvantage, right? Because I could have done it two months ago. I could have done that three months ago when Vivek started, when Tim Scott started, when Nikki Haley started, they started months before. And I was struggling because, you know,
Starting point is 00:10:56 I'm not as well-known, right? I don't have personal, like massive personal wealth where I can get in my jet and be like, hey, I'm going to three states today, which some candidates can do. And then I didn't have a hundred million, a hundred, a hundred going to be like, hey, I'm going to three states today, which some candidates can do. And then I didn't have a hundred million, a hundred fifty million dollar war chest. And, you know, the best known news channel in America
Starting point is 00:11:13 saying, hey, we want you to run, we're gonna back you, we're gonna put all this free press behind you. So I've been running a very sort of insurgent campaign in that sense, understanding that the only path to victory for me is incremental, right? It's going in increments in small bites. So the next increment is the August 23rd debate, I have to be on that stage,
Starting point is 00:11:35 because it's the first opportunity that I have to be on equal footing with my, let's call them competitors. I don't really think of them as competitors or friends or good guys, they're good people that care about this country, they wanna see this country go forward. We may not agree on everything,
Starting point is 00:11:49 but that's my first opportunity to articulate my vision, to talk about my track record, to inspire people and connect with them, right? And I think that's one of my strengths. And so that'll be interesting. And then, and the beauty of this process, and I actually kinda like it, some people don't like it, which is all these requirements, right?
Starting point is 00:12:06 40,000 contributions, 1% polling, they get on the stage, to get on the next stage, are already saying it's 50,000 contributions, 3% polling, I actually kind of like that, because they're benchmarks. People in business understand benchmarks. You gotta hit price support levels if you're a stock, right?
Starting point is 00:12:22 You gotta hit these benchmarks so that you can grow. And if you don't, you're taking away time from somebody else. This is a mutually exclusive zero sum game. Yeah. Time here is time that somebody else is not here. So you're running, you're not running to get on a cabinet. You're not running to get your feet wet because maybe in the future you're going to run, you're running because you're convinced
Starting point is 00:12:42 you're going to run for president. Absolutely. Look, to be a cabinet member will be huge financial sacrifice for me. Okay, I'm not interested in being a legislator, a senator or a congressman or anything like that. You know, people have talked about vice president and I've said very honestly,
Starting point is 00:12:58 candidly, authentically, like if somebody were to ask me to be the vice president, I wouldn't say like, oh no, I'm too good for that job. You know what I mean? You do governor, would you have interest in being a governor of Florida? You know, to be honest with you Pat, I look at opportunities as they come, right?
Starting point is 00:13:13 This was an opportunity that was in front of me, right? I analyzed it in front of me. If I do well in this opportunity, let's say it doesn't work out for whatever reason and that's an opportunity in the future, sure, I would look at it, I would look at it without a doubt because it's a hundred billion dollar government with 20 million people. It's the third largest state in America. It's probably one of the largest countries in the world if you consider it a country by GDP. So it would be a tremendous
Starting point is 00:13:40 opportunity to shape the future of a lot of lives in the way that government can do it in a hopefully helpful way or getting out of the way. What's your relationship with the governor? You and Governor Ronda Santos. Not much. Have you guys had dinner before? Have you had a phone call, private conversation to do? We have. He called me during COVID when I got COVID. I was actually the first person in Miami-Dade County to get COVID or at least the test positive, which is kind of a funny story in and of itself. I don't know if you heard this story. It's actually hilarious.
Starting point is 00:14:09 I guess if getting COVID could be hilarious for somebody. But what happened is the president of Brazil comes to Miami. He had actually been in Mar-a-Lago with President Trump. This is also now. Not now. Not now. Not now. Not now.
Starting point is 00:14:24 Not now. Not now. Not now. Not now. Not now March 2020 correct. That's right. So I got I tested positive March 12 of 2020 Okay, so the day of COVID basically exactly like that. It goes a day the NBA canceled the season or something Like that right so so so he comes Monday and Tuesday with his huge delegation and he has in the delegation Obviously, you know his staff or whatever. Um, they leave. They all leave on Tuesday. Thursday We have a council meeting and it becomes public that his publicist or his like communications guy got test positive for COVID.
Starting point is 00:14:52 So I'm like, well, I was 150 guys. What does that mean for me? You know what I mean? So my, my, this is good. I don't know if I should tell the whole story, but anyways, my father chief is telling me, you got a quarantine. And again, this is the private sector.
Starting point is 00:15:04 What do you mean quarantine? How do I know I even was around this guy? I feel great. You know what I mean? Why do I have to quarantine? Well, you know, you got a quarantine. You got to be safe. You know, blah, blah, blah.
Starting point is 00:15:13 And I said, yeah, I don't know about that. You know, I'm a worker, you know, it's just still on the sideline thing for 14 days. You know, I don't know. So then I get a call from a friend who's a high ranking public official. I'm not going to say who. And he says, hey, man, you know, I don't know. So then I get a call from a friend who's a high-ranking public official, not gonna say who. And he says, Hey man, you're in a picture with this guy. Like you're in, like he's like close to you. So I was like, Oh God. So he sent me the picture. He texted me the picture. And now we're both now with the guy who was, who got him. Oh God, yeah.
Starting point is 00:15:43 Sick. Right. So it was a different picture. But yeah, that's that was the trip. When he was here, I gave him the key to the city, which the mayor of New York refused to give him. So he was always a big fan of me. And anyhow, anyhow, great story. So I do that in fact, say, yeah, I'm in a quarantine.
Starting point is 00:16:00 Obviously, I was in a picture with the guy. I was obviously close to the guy. I didn't who he was, right? And I said, hi, a lot of people. So the next day I get up at home alone and because I couldn't go to hotels, it was all public already at this point that I had it, it was like a big mess. And I wake up and I have a miss call because I had to go test. The day before it was me, Rick Scott, and the county mayor at the time was now a congressman, all had to go test, right? So I get up, I have a miss call.
Starting point is 00:16:25 And the herald reporting that a 42 year old male, because I guess they wouldn't release the names, that's the positive. I was 42 at the time. And so I pick up the phone and the doctor answers and he goes, I regret to inform you that you are positive. And I go, are you sure? He goes, I'm 98% sure, I go, no, no, no, no, no, pops.
Starting point is 00:16:44 Yeah. You gotta'm 98% sure, I go, no, no, no, no, no, no, pops. Yeah. You gotta be 100% sure. I have, this is pre social distancing mask, all that stuff. So I'm like, I've been in contact with thousands of people. Thousands of people, like this is gonna be a major problem. If, you know, if it turns out that I'm positive and he goes, I'm 100% sure. And just like that.
Starting point is 00:17:06 So yeah, that was that. And the wrong governor called you then. So he called me then. And then we maintained a bit of a relationship. You know, with him, it's kind of one way, you know, like you listen and he talks, you know, kind of a relationship. And you know, and then that was it.
Starting point is 00:17:25 He, so that, I mean, we stopped talking right around then, at some point he stopped taking my calls, maybe I did something he didn't like or something, I don't know. What do you think that was? He just wasn't out of the blue. Who knows? You know, his group, his people are very fickle and they've attacked me a lot.
Starting point is 00:17:44 I don't know if it's, they don't like the oxygen that I. I don't know if it's they don't like the oxygen that I get, the attention that I get, they don't like the fact that people think that maybe what's happening in Florida is in large part what's happening in Miami, all the great things that are happening in Miami, there's a little bit of like, you know, you're taking away the oxygen. And so they kind of try to brand me as I'm not Republican enough, or I'm not this, or I'm not that. And so I, you know, every time something happens, he starts hitting me. You could tell it's sort of the sort of trolls, and their paid bots, and all that stuff.
Starting point is 00:18:12 But shouldn't the governor of Florida, at some sense, have somewhat of a relationship with the mayor of the biggest city in the entire state of Florida, one of the biggest cities in the country Who happens to be Republican as well? Yeah, shouldn't there be some sort of relationship? And I've always been open to it right and look a relationship a friendship And I think this is this is an issue that's coming up in the campaign sort of as limitations in terms of building relationships and friendships and loyalty and things like that like to me those are the bed rocks of friendship
Starting point is 00:18:44 Right friendships are created based on loyalty based on, listening to people based on give and take and based on, hey, you're gonna help me, I'll help you. That's the way I've always viewed it. So I think what's important for people to look at in this campaign is as an attribute for a presidential candidate. I think this is important for people to say,
Starting point is 00:19:05 can the person build relationships? Can those the person understand friendship? Why is that important? Well, our relationships in the Middle East are completely destroyed. They're completely fractured. If you go, now we don't have a relationship with Israel. We're not a great relationship with Israel, right?
Starting point is 00:19:21 The president and BB are not, you know, they're not on the Fab Five, right? The president and BB are not, you know, they're not, they're not on the Fab5, right? The president called the, the prime minister of Saudi Arabia, a pariah, right? MBS. MBS. And then, and then turn around and said, Hey, can you by the way increase production so that we can, lower gas prices in advance of the midterm so I can do better in the midterm? And of course, the prime minister said, no, right? He's got issues in UAE, he's got issues in Qatar that I've heard from people in, you know, I've been there and I've talked to people that have said, you know, the US, for example, had asked us to criticize the Iran deal and then they
Starting point is 00:19:56 were back door doing the Iran deal, right? So they're asking us to publicly criticize Iran and they were back door doing a deal with Iran. So those are the kinds of things that don't create relationships and friendships. And you don't think Iran does that. You don't think the governor does that. To build a relationship with the mayor. I think, well, he doesn't raise relationship with any of the mayor's. Maybe with the exception of one or two. Very few. Is that normal though? I don't think that's normal. Okay. So I don't think I would be cute. But go step further. Yeah. About Congressman. He was a Congressman, right? He lost, I think there's 13 endorsements that are 12 out of the 13 went to Trump.
Starting point is 00:20:29 I think he got one in Florida, you're saying? In Florida, right? So that goes to show of your Congressman. You check that guy. You can check it. That was his congressional block that used to carry him correct, is what you're talking about. I read about that.
Starting point is 00:20:40 Yeah. I mean, Google, they moved. When the presidential election came up, his block of support in the greater Daytona area, shifted. There was agricultural leaders in there, the orange growers, I believe, yeah. Yeah, and then when you,
Starting point is 00:20:53 and then one of them was a guy named Greg Stuby who went to law school with his, who's a congressman who had fallen off a ladder and heard himself. And, you know, he said that Trump called him personally to see how he was doing, and that DeSantis is I think fundraiser called him to ask him for the endorsement. So he was just- Can you go back to that?
Starting point is 00:21:12 Can you go back to that? So that means DeSantis also, former congressman, doesn't have the support of the majority at home state delegation with 12 out of 20 house Republicans from Florida back in. But it's not- I think it's eight supported him. I don't think it's eight can you click on him? I think it's not a, it's, it's a, it's a supported hand. I don't think it's eight. Can you click on it? And I think it's of the 13.
Starting point is 00:21:28 I could be wrong. But I think it's of the 13 that have zoom in a little bit. There's only one that has actually supported him who actually worked for him. The states to GOP senators, Rubio and Scott have not endorsed in the primary. Gollilor, gollilor. Okay. So that's right there. If you, that's not gonna tell you what it is.
Starting point is 00:21:50 But also Rubio and Scott have both been aligned with Trump since 20 second. I mean, in terms of publicity, I don't know about private. I've got a question for you, Graham. Did you have a question for the mayor, Tom? Yeah, I did. It's very interesting to hear you talk about your relationship with the Sanis. What happened in the Guadminton World election gave great hope to Republicans all across
Starting point is 00:22:10 the United States. A major US city, Miami-Dade, voted Republican. That was a big thing. I'm not trying to corner you. I'm asking you. An honest, political analytic question. Did you deliver Miami-Dade as this promise of hope to conservatives all across America who were seeing Republicans voted, you know, Republicans carried the day and the independence came along and oh my goodness Miami-Dade voted Republican or did he do the work to make that happen? Because it doesn't sound like that you guys for the sake of the good pro-overlection and Republican party came together in a huddle and did it? So I'll give you a very simple answer, very straightforward answer.
Starting point is 00:22:50 So I was elected, so with the phenomenon you're describing, I'm going to dig into it a little bit more, right? So the phenomenon you're describing is in 2016 Miami-Dade County went plus 30 for Hillary against Trump, right, plus 30. I was elected in 17 by 85% and I obviously implemented a series of policies reducing taxes, low crime, rapid growth, job growth, right. And then in 21, I get reelected by 80%. And in 22, we move it from a plus 30 for the Dems in 16 to a plus 10 for Republicans in 22. That is a 40 point swing.
Starting point is 00:23:32 Now how can I make the case that that was me and not the governor? How do I make that case? Well, look at Jacksonville. Jacksonville is the governor's congressional district. He supported a mayoral candidate, the prior mayor won, which is Lenny Curry by 25 points Republican, one by 25 points. The current governor endorses a Republican in that race against the Democrat. The Democrat won the mayor's race by four points. So it's a negative 28 point or 29 point. What year was that? Was that?
Starting point is 00:24:06 This was just a few months ago, right here. There you go. Boom. Yeah. This was one year after the sweep, right? After the Sand Spectrum. Well, you go back four years. So it's almost the same amount of time. You go back four years, Lenny Curry wins by 25 points. He's the mayor four years ago, right? You go four years later and a Democrat wins by 25 points. He's the mayor four years ago, right? You go four years later and a Democrat wins by four points. That's a 20, you know, nine point swing in favor of a Democrat with the
Starting point is 00:24:34 governor's support in his home congressional district. So, maybe, if I may, it sounds like we're piling on wrong. That's not, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, platform for president, right, which is to say, look, there are at least three discrete groups that if Republicans want to win the 2024 election and beyond when Congress, when the Senate, and when generationally, I think there are three, you know, mega opportunities, if you will, right? One is Hispanics. Okay, Hispanics are 20% of the population of America. 60 million people.
Starting point is 00:25:27 Okay. The last two elections, we can debate who won the election, right? But the last two elections were decided by 70,000 and 40,000 votes collectively, right? In all these little pockets, these many stages, you know, it comes down to like 250, something crazy like that. Although the key votes that flipped the electoral votes.
Starting point is 00:25:46 Correct. Got it. Exactly. So the key discrepancies that flipped the electoral votes were $70,000,000, $40,000, you're talking about a 60 million person population in Hispanics, which according to last poll I saw, which was not even a week ago, 20% undecided, 20% undecided. So do the math on that, right? In terms of opportunity.
Starting point is 00:26:07 Then you look at young voters, right? Voters that are 30 or younger. This is gonna make the hairs on the back here next stand up. Biden won them by 26 points. An 80 year old guy who does not project vigor, strength, youthfulness, right? All this stuff is winning young strength, youthfulness, right? All this stuff is winning young voters by 26 points, right? That's why by the way, he's trying to do debt forgiveness
Starting point is 00:26:33 and all that stuff college is efforting and trying to win the young vote. I think that's one that my candidacy can win. Last question, this is I just wanted to highlight. If I may tell him, look, I'm a Miami guy, born and raised in Miami. I was at that 2017 announcement in Winwood when your dad introduced you.
Starting point is 00:26:49 You're literally the first political figure, public figure that I've ever donated to. Like, I got a lot of love for Miami. I got a lot of love for what you're doing in Miami. But at the same time, the whole reason that the Sanctus is even in the conversation is because he's actually done a good job in Florida. Pat has said publicly that one of the main reasons he moved to Florida was because of Ron's
Starting point is 00:27:16 policies. So ultimately, my question is, what grade would you give to Santas as governor for the last two terms? Look, I don't, you know, I'm not like, here's a political analyst, per se, like to analyze my opponents in the presidential race. As governor. Look, I think he did well on COVID without a doubt.
Starting point is 00:27:38 I think, you know, I think he, where he struggles a little bit is, you know, in terms of he has decided, and I think this goes to the whole private sector issue, which is important. When your only experience is in the public sector, your only ability to implement your ideas is using the public sector. So let's look at the Disney issue as an example. I think we all agree, all of us, I presume, we all agree,
Starting point is 00:28:06 that you shouldn't teach sexuality, the school shouldn't be teaching sexuality to young kids. No doubt. Right, we all agree on that. We talk about that all the time. So you win that argument, put it in the bank, move on, do a deal with Bob Iger where you say,
Starting point is 00:28:19 hey, you know what I mean, look, we all agree on this issue, Disney's backing down, we're gonna make this big investment in the state. You win the ideological issue, and then you win the economic issue. Instead, he doubles down. He says, we're gonna put a prison next to Disney when he take away their toxic STEM status,
Starting point is 00:28:37 and it becomes, it looks like it's personal, right? It goes from ideological to personal. Then Bob says, hey, we're going to pull back a couple billion dollars of investment, thousands of dollars of jobs. And then you start to think to yourself, wait a second, is ideology more important than creating economic prosperity in your state? Right? Now you're starting to create conflicts with things that are good. And then when you take that to the foreign policy and deal making and building relationships and friendships,
Starting point is 00:29:05 that becomes an issue. Right? We're going to put ideology over what's best economically for Americans. That's the problem. So, let me add something to that. And, Graham, I really want to get your feedback on something, but I want to add something to that with you. And I'm going to pick on him, either.
Starting point is 00:29:22 I'm just trying to be straightforward. No, no. So, here's as a voter him either. I'm just trying to be straightforward. No, no, so so here's here's as a voter Okay, as a voter I look at things in a couple different ways. So one I look at a candidate and I say If I who would I want to have dinner with okay? I'd have an incredible time having dinner with you, bro. I mean if we have dinner I'm gonna be on the sports. Yeah, we just we'd have a blast, right? Because the vibe, if you and I were in a military back in the days, we would have had a great time
Starting point is 00:29:49 reading books, or going to bars, and drinking water, and doing all that, we would have a great time. But that's an important test for politics, right? I think you're 1 million percent right, but that is an element of mine that I look at. Okay. So, then you look at the other part, can the guy get up and give arguments of
Starting point is 00:30:07 substance? Okay. It can he sell? Is he willing to make himself relevant on a daily basis on stories? You know, where is he at with rating? You know, some guys will say, well, you're not even polling top six right now. Are you even going to make the stage? Are you going to get on there, right?
Starting point is 00:30:24 And then, well, the argument could come back and say, well, Trump also 2000 didn't get on there. And he was this and he was on point looking, he's now president. Okay. Fine. So that's the other thing that you're going to have to make the argument to a three. I think that's fair. Three would be at how, how good is he in issues? Like you remember when, you know, who was the governor of Texas back in the days, Rick Perry, you know, the three, you know, the three when you know well who was the governor of texas back in the days rick parry yeah you know the three you know did you know that thing you know okay so by the way you're gonna have those moments of course 100% not once not twice it's gonna happen and that's gonna force you to go back and do research you had one with you you would I think or whatever was that's gonna happen
Starting point is 00:31:00 100% it happened to trump it's happened to Biden it's happened to Santa so then it it happened to Trump. It's happened to Biden. It's happened to Santa. So then it's happened to Santa. How you recover from that right? Then I call 2023 the year of investigations, right? I said everybody and their mothers is going to get invested. Yeah, myself included. Yeah, so so Trump yesterday not to I keep saying tweeted it out. We can't even say tweeted it out. Whatever the truth social is. Yeah, he says I think I need one more indictment to have my candidacy a lot of something like that right sealed up right we're selecting indictment that he says I don't know something like that yours comes out what a world yeah so here's a news nation what I'll just read and you know you respond to the way Miami mayor swires defense a five hundred thousand auto donation received by the super PAC supporting
Starting point is 00:31:40 the Republican presidential bid and from despite an FEC he. I have no reason to believe that any of the contributes received by the entity or not the United States, either citizens or residents. The campaign legal center finds a complaint claiming that a passion for LLC, a business allegedly linked to China with use to hide the true contributions to the super PAC as so as America, the complaint suggests a potential violation
Starting point is 00:32:02 of rules prohibiting foreign contribution. So this type of stuff is now, that already got cleared up in less than 40 hours. I totally get it, but all I'm saying, this kind of stuff is gonna come at you. For sure. And I feel like as a voter, I'm watching to see if I like you, check.
Starting point is 00:32:21 I'm watching if you can make it on the stage to 40,000, you've got to bust your ass for that one check. Can he really go deep in issues? You've got to have a good research team, people all that stuff. And how is it going to attack, you know, respond back when they attack them with different claims like this? And how's it going to handle us? So what do you say to all of those things as well as the story? I think you've identified the four pillars of how you create a successful candidacy. So I think you're spot on.
Starting point is 00:32:47 And I love it because I was actually listening to the Rogan podcast before I came up. And you always go back to what's quintessential in politics, which is how do you sort of market yourself? Right? How do you, how do you, how do you check these boxes, if you will? And by the way, I'm not going to sit here and tell you there's no learning curve. There has definitely been a learning curve. And there will continue to be a learning curve for me, right? And I'll tell you, I mean, we can talk about that for
Starting point is 00:33:16 a while, right? Like the whole learning curve process of this, right? But, but again, going back to it, look, getting the on the debate stage, we are feverishly working to get there. Being a debater and being able to articulate sort of an argument and being able to be inspiring and have a vision and have a track record of success, we think I think I check all those boxes. I'm the only public official that I know that has a podcast, that was different
Starting point is 00:33:45 in that sense and revolutionary, we created Venture Miami, which was an arm of our government specifically to help people onboard as companies to Miami. When you look at, by the way, the comparison between Miami's growth and the state's growth, man, we grew 14% last year. The state grew three. Okay, that's more than four to one. The year before that, 12%. You know what I mean?
Starting point is 00:34:07 Are homicide rate, by the way, governors don't deal with urban crime, I do, right, as a mayor. So are homicide rate, and by the way, 85% of Americans live in American cities, 91% of the GDP produced by this country is by people who live in American towns and cities, 91%. Last year, we had a per capita homicide rate of a low of 1964 last year, okay? This year we're 37% below last year's number, okay? Chicago, which has had I think 11 years in a row, the murder
Starting point is 00:34:38 capital of America had 700 homicides last year, and we're different, we're smaller city, my image is smaller city. Chicago. I want to context like some people say, oh, no, you know, whatever. We are, we have 17 year to date. By the way, remember the cocaine cowboy years in the 1980s? We just have 300. So just to give context there. And if we were to end the year, how we, the pace that we're on right now, we would be the seventh, because you gotta compare apples to apples. We'd be the seventh safest city per capita in America of population over 400,000.
Starting point is 00:35:15 So I mean, look, and in terms of like dealing with these things like you were saying, like the passion fruit thing, I mean, not already got cleared up within less than 24 hours. What happens with the press and look, we're all victims of it. Every single candidate to victim of it is the press shoots first and they ask questions later. Because they know that you can't sue them.
Starting point is 00:35:32 You can't sue them for defamation because it's a public official. There's an almost impossible standard of malice. You have to prove malice. They were malicious. Right? No, there's a complaint. We're just reporting on the complaint.
Starting point is 00:35:44 They don't wait like a reasonable person before, you know, wait, like, okay, somebody complaint. We're just reporting on the complaint. They don't wait, like a reasonable person before, you know, wait, like, okay, somebody can put it on, anybody can put it on the complaint. Anybody can sue anybody in this day and age. Let's see how this plays out a little bit before we report it. They don't do it. No, they don't, no, they just put it out.
Starting point is 00:35:56 And then two days later, it turns out, it's an American guy, whose name is Ivan Soto Wright, who has a company called MoonPate, very well known company, who just attracted the CEO from Time Magazine. And the guy's company, they have a similar name as the one that supposedly is Chinese Connections or whatever, you have half a million dollars to a political committee or a pack or whatever.
Starting point is 00:36:14 So it's a non-story, but instead of waiting for the facts to come out, they don't, they shoot first, and then they bloody you up, and then, of course, you have to deal with the content of it. So that's a, I'm glad you're saying that. When I think about the Santas, the one area I think about the Santas that I think he can do laps around everybody and I firmly believe this, I think the Santas' strength is incredible with policies.
Starting point is 00:36:41 Incredible with policies. I think he's been in it for so long, military, Congress, governor, first, second. Now, here's the thing. On a golf score, if you're marrying somebody, you can have 20 different things on things you're looking for to marry, right? You know, you could say, oh my God, you know what I love about her? What? She was valedictorian 4.6 GPA in high school and graduated college with a 4.0 GPA in that, does that make her a great wife? Not necessarily.
Starting point is 00:37:10 It just means she's brilliant. Okay. So in the area of policies, I do believe, he can sit with anybody. When we spent three hours with the guy, all he talked about for three hours was, honestly, it was only policies. And you're just sitting there, you're like,
Starting point is 00:37:25 so the teachers, you didn't even start saying, what does it say? I'm like, okay, policy, policy, policy, policy, policy, policy. America is not 90% policy. America is 10% policy, 90% is the rest, right? Pursuit, yeah, so I think, I think, you know, Graham, question for you. So you're a guy, super successful, young guy, 33 years old,
Starting point is 00:37:44 April baby, you just turned 33, three months ago, right? You've done very well for you. So you're a guy, super successful, young guy, 33 years old, April, baby, you just turned 33, three months ago, right? You've done very well for yourself. You started real listed at 18 years old. You sold 130 million out of the real estate. You got a beautiful life. You moved out of California, you moved to Nevada, you lived in Nevada, you've made videos before, I think you made one a couple years ago. April fools, you know, you're moving back to California, all that stuff. I saw that video like a year ago or something. So, for you, I got a couple of questions for you, because I think your opinion matters a lot. All of us at this table are above 40, okay?
Starting point is 00:38:13 You're the only one that's 33 years old. So you're closer to the 20 crowd and you're right in the middle. You're a very, very important voter, okay? Because you're also a business guy who's got influence, people actually listen to what you have to say. It's not easy to create a business channel with four or five million subscribers, okay?
Starting point is 00:38:29 It's easy to create it if it's spoof, pranks, all that stuff, very hard to build a business channel for five million subscribers, because that audience, it's not that interesting to everybody. They want to be laughing, they want to be doing that stuff. So you obviously know what you're doing. What's important to you at this age, when you're looking at who you want as a president,
Starting point is 00:38:52 one will say whether they know where you lean politically, left and right, I don't think you ever talk about where you lean politically. But I think for a guy that's a street guy, guy like me who's job is to read people, I would say you vote right. You don't have to answer that, but I'm just telling you for a guy like me who's job is to read people. I would say you vote right. You don't have to answer that, but I'm just telling you for a guy like me,
Starting point is 00:39:06 if you escape California and you go to Nevada, you're not fully right, but you're right enough, if you will maybe further right, you would have moved to Texas or Florida, but you went to Nevada to be kind of Mark Wahlberg, right? Which is kind of like, you know what I'm saying, perhaps like Santa right? Hallelujah.
Starting point is 00:39:23 So what's important to you? Why did you leave California and what are you looking for as a businessman for your next president? Well, I definitely think, well, first of all, when I made that video, leaving California for Las Vegas, someone from the business administration of Las Vegas
Starting point is 00:39:38 reached out to me and I remember Googling them and thinking, oh, why is this person emailing me? This is crazy that this person of this stature would reach out to me. And they sent me an email and they said, hey, I want to let you know, we all in our office saw your video. We really enjoyed it. If there's anything we could help you with, please reach out. We're here to help.
Starting point is 00:39:57 Thank you so much. But I would never have imagined that they would have been appreciative of me moving into Las Vegas, bringing, you know, what I have to offer there would never happen in California. But for me in California, it just, I didn't feel like it was worth it to stay. When COVID happened and all of a sudden I was working from home, I thought, why do I need to be here? Even though I've spent my entire life there and I like it there, but I just saw it going downhill
Starting point is 00:40:26 and just visiting Vegas and seeing how nice it was. And I thought, this is only four hours away. And I moved and it was such a great decision. Everything there is more affordable. There's not traffic, it's very clean. All of our neighbors, by the way, are either from California or New York. From New York to New York.
Starting point is 00:40:43 New York, right? Yes. So a huge percentage of people either from California or New York. From New York to New York. New York. Yes. So a huge percentage of people came from California. And you know, even walking up and down the street, there are like people from Newport, Beach, San Francisco, Los Angeles, San Diego. But I think for me, I'm really in the middle of a lot of things where I could be swayed either way. And when it comes to Republican or Democratic, I look at both people and I say, well, I like this about these people, this about this. For me, I think relatability is something
Starting point is 00:41:10 that's really important to me. And I guess it's being realistic. And just give me policies, like give me policies for guy like you. We need more people like you. I think when we talk about hero making machine, we need young guys who look up, if a 17-year-old kid is looking up to you, I'm good. Because we need more 17-year-olds who want to grow up, be disciplined, work hard, get their license, take care of their family, buy their house, live their dreams, and then sell the dream to others so they can emulate.
Starting point is 00:41:41 So to me, you're an ideal candidate for a hero to 16, 17 year old that nowadays in high school, people when they grow up, they wanna be what? They wanna be YouTubers, right? But actually tell me policies, at 33 years old, you've paid millions of dollars of taxes. Is that a fair assessment to say? You pay millions of dollars in taxes.
Starting point is 00:42:02 So when you pay millions of dollars in taxes, when you are in the mix of speaking, you're creating content, you're no longer like low level issues. It's no longer like, I just want somebody that I can trust. Oh shit, I mean, we all, it's not something that we can all say.
Starting point is 00:42:21 What are actual issues that matter to you at 33 years old successful entrepreneur issues? I would say the most relatable to me because I don't have kids. And so the one thing that affects me the most is probably taxes. But I would say from that perspective, lowering tax from 39.6 to 37 would be no different
Starting point is 00:42:41 than Biden saying, well, we'll get rid of student loan debt because that affects me. So I think obviously I would be ent different than Biden saying, well, we'll get rid of student loan debt, because that affects me. So I think obviously I would be enticed by something like that, but I also think realistically, would that make that big of a difference? Probably not. If they increased capital gains from 20 to 22%, probably not, is something for me to consider.
Starting point is 00:42:58 So in terms of policies, I would say viscally, I would like to see some savings, but that's just me being selfish on that. And I try to look at the bigger picture and see where's the money going. And I think that for me is a big thing of just seeing the national skyrocket, see spending skyrocket.
Starting point is 00:43:15 And I see some of these things, and people are able to slip, like here's 500 million in this policy, in this huge package, trillions of dollars, let's put 200 million over here, and I think adding the stuff up, where does the money go? And so when I see that,
Starting point is 00:43:28 and I see what I'm paying in tax, I have no idea where the money goes. And that, for me, is something that, at least I consider. You talk about what you liked about Nevada and why you moved there. So you're staying in the positive. What didn't you like about what new
Starting point is 00:43:40 something in California that caused you to leave? Oh gosh, I think crime and homeless were too big issues because I grew up and I live for quite a long time in Santa Monica and just seeing what has happened in that city has been awful. And I don't think there's the proper support system for people who are mentally ill on the street. And that's what a lot of it is.
Starting point is 00:44:00 At least from my perspective, from what I've seen, these are not people who, the landlord raised their rent and now they're on the street, these are severely, mentally ill people who oftentimes have severe drug addiction. And from what I've seen, there's just not the support system there for those people to take them off the street.
Starting point is 00:44:17 So what they're doing is they're on the street, nothing could be done, crime is going up. And especially in Venice, it's just seeing that the police won't even respond. There's that one video recently where people went into the Gucci store in century city. And they just ransacked the place and left. And everyone's there on the front. You see the security guard, by the way. Just standing there. And I get it. You're not supposed to necessarily value a Louis Vuitton bag over someone's life. If these people are armed
Starting point is 00:44:45 Is that really something you want to risk your life over? Can you play this clip? Just play the clip if you can with security guard Where is this at by the way? This is sentry city mall. This is sentry city mall the outdoor mall So this is right by Beverly Hills. I know exactly what this is. Looming Dales isn't here. I know where that's at. Yeah, this little map.
Starting point is 00:45:09 Graham, can I ask you a question on that right there? And literally, I couldn't ask Mayor Suarez, a better question where you're saying this. So you got out of Santa Monica, LA, you went to Nevada. How much of, and we've heard this multiple times, the homeless, the crime, the traffic, obviously, how much of these issues do you put on a Gavin Newsom as the governor, i.e. a DeSantis in Florida, or on the mayor,
Starting point is 00:45:35 which I think I believe at the time was Garcetti, and now it's Karen Vass, I believe. What is that relationship? How do you personally put this on the politician? Because you must have been in rooms with buddies, friends, dude, I lived your whole life, is a mess. Are you blaming a Garcetti, the mayor? Are you blaming a Newsom? And then the mayor's whore was way in after.
Starting point is 00:45:56 Yeah, sure. It seems like Newsom takes the heat for everything. So my initial thought is Newsom. But I think you also have to put some emphasis on the mayor as well. But I feel like Newsom gets the clicks, gets the headlines. So for me, as just a person who's honestly right in the middle of a lot of things, when you see Newsom, Newsom, Newsom, Newsom, it gets clicks and that's where my mind first text is.
Starting point is 00:46:19 Like when you see an image of Newsom, not to like put you on the spot, like, is it like, hey, that's my guy. Oh, discuss it like, is there, how does emotionally put you on the spot. Like, is it like, hey, that's my guy. Oh, disgust it like, is there, how does emotionally do you respond to that guy? It's tough because I feel like, you have to be tough for on crime than that. I mean, that should not be happening. It shouldn't be a policy where if someone steals something,
Starting point is 00:46:35 you just have to step back. There's gotta be something in between risking your life. When you see a image, how you feel about that? Knowing you're a little bit, obviously left. So, well, he looks like a movie villain there by right knowing a little bit about LA because I lived there until moving to Dallas and then moving here I can tell you that at the time there was a crime base that was being addressed and Mayor Richard Rodin was working on that. But he was rebuffed with support dollars from Sacramento.
Starting point is 00:47:08 And in Sacramento, they were saying, hey, we're not going to send these support dollars to LA County. And so, great Davis was able to intervene. So, the governor can handcuff mayor's efforts, if he doesn't like them, with state support and what the state dollars that are gonna move around. And by the way, you said Nevada sent you a nice email.
Starting point is 00:47:30 Trust me, if you liquidate a major asset within four years of leaving California, they will also send you a nice email. Because they have that law where they will, if they think you recapture it, if they think you move to a seller company where they will if they think you recapture it. Yeah, if they think you move to sell a company, they They
Starting point is 00:47:51 Did you get that email from California? Anything like that? No, no, no, no. Did you get any love letters from California? We miss you Graham. Come back. I hired a great accountant, great attorney. I had everything done exactly as it needed to be because I didn't want to leave any loose ends. I was like, whatever I need to do to prove and show and do this correctly. The last thing I want to do, if I make a mistake
Starting point is 00:48:14 that's coming back on me, so I hired a great team and I mean, we made such a clean cut. And you know, if you go back to California and you're like, oh, I missed it here, but then you see the homeless guy missing the street. Like, oh, I'm glad. It's rare.
Starting point is 00:48:28 It might be a few days every now and then every few months, just going and visiting. When I visit, I mean, there's certainly an aspect to Los Angeles where I like the weather. And I like the culture and I like the motivation and the mindset of some of the people there. It's very forward thinking in terms of being an entrepreneur, being a business owner, pushing boundaries.
Starting point is 00:48:50 I think there's something to be said about the motivation and the hustle of Los Angeles that you don't get in Las Vegas. Mayor Sures, how would you clean up this mess that Graham forced him to leave? What would you do? It's actually not that difficult, right? You just cannot implement that difficult, right? You just cannot
Starting point is 00:49:10 implement socialist policies, right? So what happened? What have we done in Miami? That's very different from a lot of these cities, right? First is we never got into the defund police movement. Now, this, no, I was never a thing in my mind. I'm not contrary. We actually increased funding for police officers. We have more officers than we've ever had in our history. So this nonsense of defund police never happened. Secondly, and you see it manifesting itself in that video, the concept of no cash bail, right? Where you get arrested and then you're back on the street, you don't even have to post bail, and you're back on the street, there's no consequence,
Starting point is 00:49:38 there's no consequence to committing crime. Right, we live in a society of laws. There's supposed to be a consequence when you break the law, right? You go to jail and then you have to stand for trial et cetera, et cetera. When you take away all those things because you want to be sympathetic,
Starting point is 00:49:53 what you end up doing is you have a situation where now CVS, how many articles have we seen of CVS and wall greens and people shuddering, saying, hey, look, the loss is greater than the gain, right? So who gets hurt? So now you're trying to be sympathetic to the person who's committing crime. And what you're ultimately doing
Starting point is 00:50:12 is you're diminishing the quality of life of every single other citizen. We have this issue a lot with homelessness, right? You wanna be very humane with the homeless, their human beings absolutely, you have to be humane in the treatment of homeless, but you also have to understand that their actions impact everybody else. And so there are things that were previously legal for the homeless to do in the city of
Starting point is 00:50:34 Miami that we changed through federal laws. And you know, federal case were before they could basically defecate and urinate in public. They would call them life-sustaining activities. And they weren't even required to go to a bathroom if there was a bathroom within a certain distance. Things that you and I couldn't do, we couldn't just go outside, pull our pants down, and go to the bathroom.
Starting point is 00:50:57 We'd get arrested for indecent exposure. So there was almost like this sort of two-tiered system. And so for us, we never got into no cash bail. We never got into defund police. We increased funding for police officers. We maintained law and order when the George Floyd protest happened, things never got out of control in Miami because I said, look, there's a line here.
Starting point is 00:51:16 Right, the line is, we're not gonna let you harm people's property and we're not gonna let you harm people. And we're not gonna let you harm police officers. If you try to do any of those things, we're gonna arrest you. We're gonna hold you accountable. And we did. And so you harm police officers. If you try to do any of those things, we're gonna arrest you, we're gonna hold you accountable. And we did. And so there was no antifa, there was none of that came here.
Starting point is 00:51:29 Everybody, to the extent that they might have been here on day one, they were gone. And so we had very little arrests, we were able to manage that very intelligently. And so, and then I think there's two other pieces, right? To crime prevention. We have the lowest unemployment rate in America, full stop, okay, highest wage growth in America. Full stop.
Starting point is 00:51:48 So, and, and these are qualitative rankings where we're ranked happiest city in America and the healthiest city in America. So it turns out if you're happy, you're healthy, you're working, and there's police officers, guess what you're not doing? Committing violent crime or committing crime. Right, so it's not like a super complex formula, right? It's sort of basic. And we've gotten away from it because we've let these sort of socialist ideologies, which for me, I think the biggest danger in the world is communism and socialism
Starting point is 00:52:16 because my parents got kicked out of their country of birth when a leader that said, give us all your property, give us all your businesses and don't worry, we'll make everybody equal. And he did, you made everybody equally poor and don't worry, we'll make everybody equal. And he did. You made everybody equally poor and equally miserable. And thanks for Dell.
Starting point is 00:52:29 Yeah, yeah. And so you, but by the way, it's the easiest selling politics. Graham, with all that being said, when are you moving to Miami, buddy? Let's go, man. I love Vegas. I love Vegas. What a diplomatic answer. We need to get you to a beach.
Starting point is 00:52:43 We need to get you to a beach here. So let me, let me ask this question about, when we're talking about these cities and what's going on with the crime, Gucci, all this other stuff, you're seeing it all over the place and the security is just kind of standing around. How much of this is, you know, sanctuary city laws, how much of this is the fact that,
Starting point is 00:53:03 you know, you don't do anything with them. The whole concept of the definition of a sanctuary city is where a city defies the federal law to say, no, we're not going to follow your guidelines. We're going to follow our own guidelines. We're not going to do what you do. For example, New York City, the largest city we have that's they have sanctuary laws. And spring of last year, they've had 93,000 migrants that came to New York City. Just this weekend, a video was going viral. Can you play that clip? New York City. If you type in New York City, immigrants, type in New York City immigrants, they're sleeping on the outside. If you can find it, if you can make that bigger.
Starting point is 00:53:46 That's awful. So, you know, these guys are coming in here thinking, well, this is a sanctuary city. It's okay if I come here and live here. 200 people are sleeping outside because there's no place to go. Mayor Adams is going around saying, hey, you know, we need help, we need to do this. We're not going to change the laws of being a sanctuary city, but at the same time, we need funding from the federal government. So, Tom, are you familiar with the whole sanctuary city deal?
Starting point is 00:54:08 So when you rest somebody and you fingerprint them, the police department is supposed to report that to the FBI. The FBI reports it to ICE just purely for documentation. ICE can come back and say, we want you to hold them for 48 hours. And a sanctuary city can say, no, we're not going to hold them. We're going to release them, right? The whole catch and we're you to hold them for 48 hours. And a sanctuary city can say no, we're not gonna hold them, we're gonna release them, right? The whole catch and we're gonna release them
Starting point is 00:54:28 and they're not gonna have to be held here. But Mayor Adam's saying, we don't wanna follow federal guidelines on what it is when people arrest them, but hey, Biden, can you sell us some money because we're really having a hard time with, the stuff that's going on. So how much of the issues that's going on in these cities,
Starting point is 00:54:45 you think is caused by sanctuary city laws? Either one of you. I have my opinion on it. As an informed voter looking in, I think sanctuary city is ridiculous. I think basically what it was is a hidden, it was, it's basically a hidden word. It's a word and we have to look at what's behind the word.
Starting point is 00:55:03 What's behind the word is socialist policies and lack of immigration. And so is it a good thing to check people at the border? I mean, the statue of Liberty says, give us your tired report, your huddled masses, your earning to brief free. Come here, we all come from somewhere. American is a citizen, American is an race.
Starting point is 00:55:19 It's an idea and a citizen. We all come from somewhere. So the immigration that comes here, that's what we're all about. You know, and you're coming here because somewhere else, you, you know what I'm doing a podcast, I'll call you afterwards. Hey, the presence for Joe, we're so good.
Starting point is 00:55:38 I'm a guy right here. You've had a show, some people. Yeah, and he's, I'm a big contact. My man, I got somebody wants to say hello to you. I don't know if you recognize the sky. Mayor Miami, how you doing, man? How's it going? Good to see you, brother. You good? Hey, man, when we're doing a cop in C-tho, bro, let's go whenever you want my brother. Wait, I need you to quit this president stuff and I need you to open up a club. Okay. And that shows up on the monitor. But you got to be a partner. You got OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK. OK, Sean. Crazy. All right. We'll talk about the vote. Love that guy. Crazy guy.
Starting point is 00:56:25 Well, he can end the presidential candidate. Andrew Schultz, phone call. Love, missy. It's not a mercy. Not happening. Go ahead, talk. Wow, wife was 16. Sorry about that.
Starting point is 00:56:37 So from campaigning, the clubbing in six seconds. Yeah. See the sea. By the way, I took the brunt of that joke. That was on me, the underage situation. None of you guys have done that. Nothing to do with it. No,c by the way i took the brunt of that joke that was on me the underage uh... situation none of you guys nothing i do it no i i think i think the sanctuary city laws is basically it's a cloak and what the voters don't understand is that they're being used to be manipulated and what it is is you're bringing unchecked
Starting point is 00:56:57 a immigration and under the guise of your going to be inspecting it and then you have maris of cities that are basically trying to look good and you draw a clear line to ID free voting. Okay. Good. You're different. No, I'm, I was going to go to you. Yeah. So I just say, so to me, this is, there's two issues here, right? One issue is lawlessness. Right? Like what you're seeing in that Gucci video is lawlessness, right? This, it's pervaded Los Angeles San Francisco
Starting point is 00:57:29 like the sense that the law just doesn't apply. You can just go into a supermarket and you see people like scooping stuff into a garbage can, right? That's why it's all locked up by the way. Right. And now it's everything is locked up. So it's either locked up or they closed the place. So then nobody gets it.
Starting point is 00:57:46 So that's per number one. Number two, the border is a disaster. It's a disaster, right? And it is a human trafficking disaster and it is a, and it is a fentanyl disaster. Okay, so let me give you some insight into that. I was talking to one of the executive producers of Sound of Freedom, and he was telling me that,
Starting point is 00:58:08 human trafficking is becoming bigger business for the cartels than drugs and guns. Yep. That's crazy. Okay, that is crazy. And that's all happening at the Southern border, right? And then Fenton was killing 80 to 90,000 Americans, right, which is the equivalent of a 747 crashing
Starting point is 00:58:28 every day. So think about this, right? We had this national tragedy when these five people were in the submersible and we're trying to figure out, right? So imagine if every day a plane is crashing every day, you would stop everything you're doing, you would declare a national emergency and you would dedicate whatever resources you need to solve that problem and we're not doing it. And now you have, as Pat said, you have a Democrat mayor saying, hey man, I'm overwhelmed. I need help, right?
Starting point is 00:58:56 Don't be a sanctuary city. Well, if you're overwhelmed, that's definitely the federal government's help. Don't be a sanctuary, definitely part of it. That's definitely part of it. I think the second part is is we've got to be realistic about the border, which is a mess.
Starting point is 00:59:10 And it has to be solved, right? And look, in Miami-Dade County, just to give you a sense, we had, I think, last year, 14,000 undocumented illegal immigrants in our county that were children for this public school system. That's the equivalent of seven two thousand children school. That's a huge strain on the system. So what happens in a city or in a community or in a county is this causes a massive strain on resources. And so that's another issue that mayors got to deal with. We got 500 sanctuary cities in America, 500.
Starting point is 00:59:46 We got 11 sanctuary states in America, states. We got DCs, the sanctuary city, right? And number one in crime. You can keep going on and on with all these stats of what's going on in DC. Do you know in DC, when you post somebody over, if you ask them for their ideas, consider the racial profiling. If you post somebody over and you ask them for their ideas considered racial profiling.
Starting point is 01:00:05 If you post somebody over and you ask them for ID, they can say that's racial profiling. So there's a part of the Chicago's got similar laws like that is, well, I can't ask somebody for say, what should in Florida, if somebody did what they did to the Gucci store, what's going to happen to those guys that did what they did at the Gucci store? Well, there was a video and I don't want to make light of this because unfortunately, the guy died. Are you talking about the Victoria secret? Yes.
Starting point is 01:00:30 This was a three blocks from there. A week ago, less to make a guy. Yeah, I'll say to a Victoria secret in one of these malls, similar mall, Lincoln Road, Lincoln Road, most famous mall in Miami Beach. Put a knife to the, to, you know, get a mother and a daughter. A mother and a daughter. Yeah, and it's up there.
Starting point is 01:00:44 And he was shot and killed. Yeah, right here. He was shot and killed by Miami PD. I mean, I'm sorry, Miami Beach PD. Yeah. I should correct that. Miami Beach PD. So it's just a different, I mean, look at the different response.
Starting point is 01:00:56 You've got, you know, people running out of the other store, right, with a bunch of goods. In this case, you've got, you know, three police officers that are here. He backs out now because he sees that the lady has a knife. Boom, so he backs away to give the guy space to make sure that he doesn't do something crazy. And ultimately, it ends in a police involved shooting where the guy's killed. So I mean.
Starting point is 01:01:20 And here's the question. I don't know if he's black, white, Asian, Puerto Rican. It doesn't matter. It's not, it's not. You're holding a knife, holding a woman hostage. If you're going to kill a woman, it's not racist for the cops to shoot you. But something else, which is important, very important. It's important, P.I want you to hear this.
Starting point is 01:01:38 It's important to be pro police. Okay, why? First of all, I never used to be controversial in America, to be pro law enforcement. It never used to be a controversial political Republican Democrat. Not according to NWA though, but that's a side issue. Yeah, true. Fair point. Fair, fair bottle. But I think, you know, law enforcement, I mean, these people now are making very little money. It's hard to recruit them across America. And I can tell you, I've been president
Starting point is 01:02:05 of the US Conference of Mayors, President of all the cities in America. I see here it from city to city. And they have the highest scrutiny and the highest risk. So they're risking their life, but they're also risking that if that guy were slow, we're reviewing what he did, sort of the way we review NFL players
Starting point is 01:02:23 to see if they stepped out of bounds, like instant replay. And yet the difference is, you don't get to go to the next play, right? If you make a mistake, you go to jail, right? So now you're risking your life on the one hand, you're risking your freedom on the other hand and you're not getting paid. It's not like you're getting paid like an NFL player, right? To take that kind of risk. So it was really asking our officers a lot. And I think part of what you see there culturally is a community that's pro law enforcement,
Starting point is 01:02:50 versus a community that may not be so pro law enforcement. And officers who say, hey, man, I'm not gonna take certain risks because I don't wanna be put out on front street by public officials that are not gonna back me. And I've been, you've been very pro law enforcement. You know, I was a victim of a home invasion robbery when I was a kid.
Starting point is 01:03:08 You had officers respond, my dad was a mayor at the time. They made a human chain. They didn't know if the perpetrators were in the house. I mean, they risked their lives. And I feel incredibly indebted to them and grateful for the men and women who serve our cities as well. As a citizen, what do you think should happen to those guys?
Starting point is 01:03:24 I Gucci. I go to you. I don't know. I mean, obviously there's gotta be some action taken. I don't have a good solution to that. I mean, I think maybe the security should be stepping it up a little bit to prevent, but I also think it's gotta be more of a deterrent because I think a lot of these crimes, petty crimes,
Starting point is 01:03:42 I think the crime is different between holding a knife to someone's neck and grabbing a bag and running out of the store. But I think there needs to be more of a deterrent from my assumption. It seems like the reason a lot of this crime happens is because there's not enough of a deterrent to say, I shouldn't do this, because the consequences are so high.
Starting point is 01:04:00 I think Pat's question is actually super important. I think your response is super important because not to even be political. I think it's question is actually super important. I think your response is super important because not to even be political. I think it's very important how you answer this because if you asked me and my buddies if with the Adrian and whatever and like, hey, what do you guys think? Not political, just like, yeah, you take that guy out.
Starting point is 01:04:16 Walk me through the mindset of buddies, friends, of yours in LA because there must be a groundswell of people to be like, no, they can't hold these guys accountable. Walk me through your dinner with friends. I can't imagine. In LA, what they're thinking. They're like, no, it's racism. Walk me through that mindset.
Starting point is 01:04:34 I think generally it has to be a deterrent. From my perspective, I just think, okay, if the consequence of that is let's just say 100 years in prison, people would think twice about that. So where do you find the balance between this is an appropriate punishment for that to deter that from happening? So, so for me, look, here's how this works.
Starting point is 01:04:55 The part that's confusing is they'll come out and they'll say, that is such bad behavior. Look what they should have never killed this person. All they were doing is doing this. What's wrong with that? Do you know how bad it is to be poor? And you know how this is the economical problem that we're having and there's like, the guy was robbing somebody, right?
Starting point is 01:05:15 So if we cannot identify, what's a bad guy? If we don't know how to identify, what's a bad guy? I want you to watch this clip. This is Kroger's. I don't know if you guys seen this or not. A grandma, 87 year old lady is. This is Kroger's. I don't know if you guys seen this or not. A grandma, 87-year-old lady is walking out at Kroger's. Watch what happens. A man tries to take her purse. Then watch what takes place. Go on and play this clip. Okay. If you can fast forward a little bit, right there. That's good. Go right there. Chase the man in the blue jacket out of the store and down to the ground.
Starting point is 01:05:45 I'm here in her voice screaming and her being scared. I just wanted to defend a white 87 year old who this guy snatched. So I want you to see this here. This is the point of this thing. They end up giving that guy an award. black man Protects a white 87 year old woman from being robbed from another White man, okay, so so what's what's the what's the moral of this story to me? This is hero making machine, okay? You're protecting my grandma. I like it. Yesterday a video went viral of these two Indians at a store I don't know if you saw this one here. Yeah So can you go to the other one this video at the store where these this guy goes in there and
Starting point is 01:06:32 He's just just press play and it will fast forward this as well. Plus we're not gonna watch a whole thing Oh, yeah, these guys are seeing this play in the middle of Robb if you can you can. You complete different story. In the other situation, the black guy is protecting an older white lady. Here, this has got nothing to do with color. So, he's taking all this stuff in. Look at this. And then fast forward a little bit. He tries to show he's got a knife right there. Watch that. And then all of a sudden, look, like he's trying to say if you do anything I'll take it fast forward fast forward fast forward Little more little more little more little more little more
Starting point is 01:07:12 Keep going little bit more. It's about to happen and then all right there. What's right? Leave it right there? Watch what happens right there. Oh, sure. It came with a foam That's a broom by the way,. And they just, you know, now. Beatin' his ass. Okay, so pause it. Now, we don't need to sit here and get high off of this guy getting his ass beat. The moral of the story here is,
Starting point is 01:07:33 the deterrent story you're talking about. I have to know there's a punishment if I go out there and do that. If I don't think there is, what's gonna stop me from stealing? I'm gonna keep doing it because nothing's gonna happen to me. And there's an additional component,
Starting point is 01:07:47 which is you start to see sort of what you kind of look at, like, cannot village it anti-justice, people taking the matters into their own hands, which subjects them to danger, right? Because if they don't feel like something's gonna be done, if there's just, it just becomes more lawlessness, right? Like this is anarchy, right? People trying to steal from you, you defending yourself. I mean, it's literally lawlessness, right? Like this is anarchy, right? People trying to steal from you, you defending yourself.
Starting point is 01:08:05 I mean, it's literally anarchy, right? And one of the, let me just take two quick points. One of the biggest fallacies on this sort of defund police movement, right? Look, obviously when horrific things happen, you know, it creates a lot of emotion. But when you go into inner cities, and a city like mine or any city,
Starting point is 01:08:22 I guarantee you it's the same in Chicago, New York, LA, Washington, they're all the same. If you go to an inner city, they're not gonna tell you who you wanna see less police officers. They're gonna tell you the opposite. They're gonna tell you we don't see as many police officers as some of the wealthy areas.
Starting point is 01:08:36 So it is the exact opposite phenomenon. And then I'll tell you another thing, another stat that blew my mind. As a mayor, whatever there's officer involved, misconduct, were the first ones to get the call, right? From the press, reaction, blah, blah, blah. I hadn't gotten a call on that and I knock on wood. I'm not sure if this is wood, but I knock on wood, right? Hoping that I don't get the call. For a while. And so I went, reached out to my
Starting point is 01:09:01 chief and said, hey, chief, let me ask you a question. How many officer involved complaints did we have last year? Officer about complaints, right? Complaints, total. Take a guess, we have 1,400 officers. How many officers involved complaints? We had 237, okay? So I said, the next logical question
Starting point is 01:09:20 is what do you compare that number to, right? How many calls for service? How many times do our citizens call our officers needing their service where they interact like customer, because you're you're into marketing customer service, right? So how many times do our 911 calls get made where our officers are being asked to get involved in a situation? 330,000. So out of 330,000 citizen interactions cost for service, 237 complaints. Not sustained complaints. Not like, Hey, 237 times that they made a mistake, right? It's 237 overall complaints of which maybe half of them are sustained, maybe less. I don't know, I don't know what the actual rate was. And I got to look into it.
Starting point is 01:10:03 So that's point one percent. Yeah. I mean, it got to look into it. So that's 0.1%. Yeah. I mean, it's nothing. So that story isn't getting told. The story of this phenomenal customer service, if you had a call center, if you had a call center and your call center had 330,000 interactions and only 230 people complained about those 300. You'd be like, this is incredible service. That is 99.9%.
Starting point is 01:10:26 99.9%. How do you beat that? Right? And so that story isn't getting told. And I've asked those statistics in other cities, and it's equivalent to ours. Let me ask a question about Miami. So because the good comes with the bad, right?
Starting point is 01:10:40 So when you're winning, it's great. You got to brag about it. But when you got to hit, you got to talk about it as well. Article comes out from WSJ. Yeah. So Wall Street Journal comes out with an article talks about how Miami sees its first population drop in decades. Miami's facing this first population losses over a multi-year period since at least 1970 when Miami day loses and 79,535 people through net migration to other parts of Florida, other states between 2020 and 2020 to us per Brookings Institution Analysis,
Starting point is 01:11:12 Surgeon Home Prices up 53% June 2020 and a chronic shortage of affordable rental housing has contributed to the population. Drop Miami Day's unemployment rate is below the national average, but the labor market lags behind the rest of Florida with the total number of employed people slightly below 2019 levels and may the city attracts new businesses
Starting point is 01:11:32 with 127,000 businesses and applications made in 2022. But many firms open small or satellite offices employing few people while others focus on cryptocurrencies which have experienced a market downturn? What's your response to this WSCH article? Well, there's a lot to unpack there. It's funny how, you know, hear her, the phrase, there's liars, there's liars,
Starting point is 01:11:52 and then there's statisticians. So there's so much to unpack on that. Like, it's funny how they, there was a part where you were reading about the unemployment and they were comparing it to 2019. It's like, it was like, one, it's like 1.8% now and it was 1.6% then. So it's like, it's crazy to say in 2019, it's like, it was like one, it's like 1.8% now, and it was 1.6% then, so it's crazy to say, yeah, it's slightly up, but it's up to,
Starting point is 01:12:10 like ridiculously historically low levels. So there's two things, one is hard for people to understand, which is that I'm the mayor of the city of Miami, which is different from Miami-Dade County. So that's a statistic about Miami-Dade County versus the city of Miami. So just to give you a sense on our numbers, right, we grew 14% last year. So what is that number constitute? That is the value of all the properties. That's what we call it tax base. So that is
Starting point is 01:12:39 property value appreciation plus new construction combined, right? That's the total value, the way you calculate total values, what have you built new? And what is the appreciation of what's old, right? That's basically the total. So it's hard for me to believe that in a city where you grew 14% through a combination of value appreciation and new construction, the population for that city has gone down. So there's a bit of an incongruity there. But the second piece is that, look,
Starting point is 01:13:10 you have a situation where growth or not growth is really a function of supply and demand, right? So why do people leave places like California? Why Illinois, New places like California? Why, you know, Illinois, New York, California? Why? Well, first phenomenon is a salt deduction going away. So in the salt deduction went away, you're talking about having to pay an additional 13%.
Starting point is 01:13:36 Yeah, yeah. Point three. Just 13.3, you know what I'm saying? I'll tell you the decimal point. Every little point. 13.3% more in federal income taxes than you did before. And that's fair because why should the federal government, and this was thanks to Toronto Trump and Paul Ryan
Starting point is 01:13:52 and the tax law that they passed, why should the federal government subsidize a state like New York that has less people than Florida but twice the budget? Why? Right, it shouldn't. And so now it's fair, unfortunately, that faces out by the way, but now the budget. Why? Right, it shouldn't. And so now it's fair. Unfortunately, that faces out by the way, but now it's fair.
Starting point is 01:14:08 But what happens is you had a flood of people, a flood of people from those cities coming to Miami. Now, we have one thing that we have that New York doesn't have or just goes to have is we have the ability to grow. We have the ability to grow 10X. So the delta between what's built right now and what can be built, we have a form-based code which is like sort of invisible boxes on top of buildings.
Starting point is 01:14:30 The delta between what's built and what can be built is a 10 to one multiple. But it takes time. Right, I mean, I wish I could say 30,000 units go. Right, done. Right, it takes time. For supply to meet demand takes time. It's a three- year horizon, right?
Starting point is 01:14:45 When you consider you got to get draw plans, you got to go to permitting, you got to build a thing. It's a year and a half to two years, but that takes time. So the phenomenon happened quick. And we're building a significant amount of units. I think we have 35,000 units in our residential pipeline. That's like a 20% increase in our housing stock
Starting point is 01:15:04 that will get built in the next two to three years. We did 50 million affordable housing that we got a 21 leverage rate so for every dollar we put in the private sector put in another 20 It was actually 1.1 billion for 50 million dollars of investment 3,500 units at all the different income levels So I challenge any city in America or any government or any institution to get a 20-to-1 leverage rate on their dollar. So we're efficient in terms of how we spend our money and what we get for that expenditure. That'll probably come down with higher interest rates, right? The rates are higher so you're not going to get as much leverage. And that's fine. But we've got on the 57
Starting point is 01:15:40 million that we're going to spend and we're doing everything we can but I don't believe that government is the one that solves these problems I think government oftentimes makes the problem worse. So for example You look at areas that have Rent controls right so you think oh just put in rent controls. That's solves everything No, it doesn't because what it does is maybe it helps the people who are currently in stock right? But you create two problems and they're long-term problems. Problem number one is, as you know,
Starting point is 01:16:07 you can't recapitalize a building. And a bank won't lend you the money if they don't think they're gonna get an ROI, right? So what happens is you end up creating slums over time because you cannot recap those buildings. And that's what's happening in New York. You have ghost buildings. You have buildings where there's nobody in the building because the building has decayed beyond
Starting point is 01:16:27 its useful life and you can't recap the building because you can't increase rent. It's a very important point you're making. Both of you guys can comment on this. You're in real estate time. You hear what he's saying about this. What are your thoughts on those comments? Well, first of all, I agree part of it. And I think a distinction needs to be made, especially in Florida, where Mayor Suarez and Cava have to be in partnership, right? Because she's the mayor of Greater Miami-Dade County. And that has to be a partnership number one. But number two, rent controls, you know,
Starting point is 01:17:00 you were about to continue, and I'm sure you're about to say key money, where the landlords are officially inflate rent sure you're about to say key money, where the landlords artificially inflate rent by implementing key money. So here's your rent and everything like this, but I need $3,000 up front key money. And what that is is $500 a month prepaid in there to artificially make it.
Starting point is 01:17:18 But I do think to be fair, there's, part of the election is building up donor bases. Sure. And developers are a lot of part of the donor bases. So I think that mayors can, because you've got influence over the donors, because the donors want to have influence on who's elected mayor. Is that fair? That's fair. And so there, I think there can be more of a partnership on affordable housing, which also gets tied to transit systems, because you're not gonna put affordable housing down in South Beach, right?
Starting point is 01:17:49 That's a question. But there are lots of options. There are, but there are jobs and opportunities down there where we need labor force. You actually don't wish. So, no, I know. You're joking, so I guess. I live in South Beach, I do.
Starting point is 01:18:01 So I think you have to have, you know, look, you know, this is all part of urban planning and partnerships. It goes, hey, we're gonna have the affordable housing. We're gonna enable this. And we're gonna have the transit system. So these people can easily get back and forth to where the jobs are.
Starting point is 01:18:14 But this is a look. This is a lot easier than people make it out to be. This is not that complex. Right, these are pretty simple formulas and mathematics. Right, in terms of the fact that, for example, to your point, we, there's a building that's going up right now on the river in Miami, I think it's the Austin Martin Building, right? It's an acre, it sold, the dirt sold for $125 million.
Starting point is 01:18:37 So you cannot spec out an affordable housing building on $125 million an acre piece of land, right? It just doesn't spec out. You had the ganting property that's a 15 acre property, I think the deal fell through, but it was a billion, two, raw land. And that was a discount. That was a little less than $100 million an acre.
Starting point is 01:18:57 It's a discount, even though it's home. So you cannot build a affordable housing on that. You've got to leverage county and city assets. This is where the partnership you were describing is important. You have to leverage those assets and then you have to subsidize. Right? And at some level, and then what I like what we do is we hand it over to the private sector and they manage it within certain income restrictions at their risk because they're much better at managing it
Starting point is 01:19:22 than we are, which is not our competency. So in New York, you saw those 10-mmin' housing projects over years, and basically people were living in basically in slums, right? So you get much better product. It's built in a way that people can live with pride. They have amenities in these buildings. And that's part of the reason why I believe,
Starting point is 01:19:43 like in overtime, we did $60 million of affordable housing in overtime, and that's why I believe like in overtown we did 60 million dollars of affordable housing in overtown and that's why I believe the crime has gone down significantly because people are indoors, they're not hanging out outside, they're they're they have you know a TV center, they have a gym, they have you know they have a plaza where they can hang out, they can do everything indoors and and they live in pride. Can I ask you a question on that homeless issue and down the aisle?
Starting point is 01:20:06 Hang on, hang on. No, Graham, go ahead. Oh yeah, in terms of rent control, the one flaw that you did bring up is that it's not based on income. It really benefits the people who get an early and then don't move at all, which often times are quite housing.
Starting point is 01:20:17 And I've seen so many tenants make hundreds of thousands of dollars a year who just happened to get an early, rent the same place from 1995 They're rent is maybe a thousand dollars a month They'll make three-and-a-grand and they don't want to leave because it why would I give this off? Like a pension exactly But I had an instance in Santa Monica where a condo owner Rented out to what was called the protected tenant she had been there for 40 something years and I think over the age of 65
Starting point is 01:20:44 You can't kick her out for any reason. This lady was making a few hundred thousand dollars a year and her rent was capped at like $500 a month for a condo in Santa Monica. The owner inherited it and tried to get her out because they wanted to sell it, could not sell it. No one wanted to touch it because the HOA in property taxes were worth three times what the
Starting point is 01:21:05 tenant was paying in rent. Right. And she was a very healthy, sexy, sobbing girl. That's government. But yoga on the beach every day, and she's happy they gave her hundreds of thousands to move out. Doesn't want to do it. Yeah.
Starting point is 01:21:18 So that kind of validates the point, right? So it benefits people who get an early stay, and it's not really based on, but it ties up units. Yeah. So let me ask this question. When it comes on to crypto, Tom, what was the number you said about percentage of Republicans, how they feel about crypto? Yeah, there is a, in all the polling, you know, you have issues polling. It's starting, starting to rain down on us as we get closer and closer to the base stage. And 46% of core Republicans, and they were looking at
Starting point is 01:21:46 broad-based, so not city-based, but broad-based, did, you know, were skeptical of crypto. And only when they give them a five-point scale of whether you feel positively about something very positive, positive, neutral, negative, negative, so it's standard, like your five-point scale. Only six percent of them said they felt positive about crypto and they had skepticism about it and
Starting point is 01:22:10 saw risk in it. So that's an issue for you because in the name of entrepreneurship you are also bringing that sector. I regard crypto as sort of a sector of a larger entrepreneurial ecosystem that comes with it. every sector has got a risk and this happens to be tied to financial services. But you have a lot of voters in there that are like, I'm not sure about this, which also can kind of attach to you a little bit. Yeah, look, I think that's a fair point. For me, the way I look at it is, it's an ecosystem plan as you sort of stated it, right? Which is, we are a number one in the nation and wage growth. Right?
Starting point is 01:22:46 We've created a ton of high paying jobs. And part of that is because we've leaned into generational technologies. Right? We haven't been afraid of those generational technologies. Like you said, there are risks involved. I often cite the example of net scape and Napster. Right?
Starting point is 01:22:59 Everybody remembers net scape and Napster. They're no longer with us. Right? Their companies did not succeed, but what they created changed the world, right? You know, you obviously have Spotify, Apple Music, etc. And then you have Google, etc. So the initial technologies don't often, or the initial companies don't often succeed, but the technology changes the world. I think with crypto, part of the problem is our elected officials don't understand it, but the technology changes the world. I think with crypto, part of the problem is our elected officials don't understand it, many of them.
Starting point is 01:23:27 A, B, they haven't, and this is, I think a failure of the Biden administration, they have not created rules to allow people to play on an equal footing, and to be domestic companies as opposed to offshore companies, right? And so we've seen what's happened, the sort of disaster there.
Starting point is 01:23:43 Not having any rules related to custody assets Which is what you know banking rules are right sort of basic rules as a matter whether it's a cryptocurrency or otherwise It's an asset you've got to have rules on how you custody that asset what you can do with those customer assets You know no no rules as to whether some things are regulated by by the commodities Exchange or whether they're regulated by the SEC, right? I mean, so you have a lot of vagueness in terms of the products that you create. Yeah, what class does this live in?
Starting point is 01:24:12 Exactly. And so you have not created an inviting environment. You're now starting to see Republican Congressmen, Emma, which is the majority whip and others be very pro-cryptone. And even Democrats are becoming more pro crypto now because I think they realize how many people are have crypto accounts. So I don't know how old that particular poll is that you're talking about. It's coming right now.
Starting point is 01:24:36 You were saying it's gonna come out now. No, it's coming in the last three days. It's this issue. Can I ask you a question? Can I put you on the debate stage? Yeah, of course. Mayor Suarez. Of course you're gonna be on the debate stage? Yeah, of course. Maris Juarez. Maris Juarez, you're paid in crypto, so obviously you have some affinity and you've
Starting point is 01:24:49 tried to attract it to your city. What would you say to the American voter that is still skeptical about it? I would say that things like artificial intelligence, things like cryptocurrencies, things like quantum computing are going to redefine the future. If I can find a way to prevent my child from being a lot of time on this thing, then maybe we can have a different conversation. But the truth is that we can stick our head in the sand
Starting point is 01:25:13 and pretend like it doesn't exist. It's not gonna benefit our children. And I'm running for president because I wanna create prosperity for the maximum number of Americans. And the only way to do that is not to be afraid of the future, but to lean into the future. Here's what I'm, by the way, great answer.
Starting point is 01:25:27 Here's what I would say to you. I think crypto community is a political party. I don't know how big it is, but it is a political party and whoever wins it. Sometimes, you know, Mayor Giuliani ran for President 2004. What was the year when he ran? Oh, four or two thousand.
Starting point is 01:25:44 One of those years when he ran. And he was way ahead of his time. That some of the year when he ran? Oh, four or two thousand, one of those years when he ran. And he was way ahead of his time that some of the stuff that he said, if he would have ran 10 years later, 16 years later, you know, he would have won, or you know, a lot of people talked about that. But some of the stuff he talked about wasn't yet bought, was there one prior to this, by the way,
Starting point is 01:25:59 can you check if there was a campaign prior to this? So for me, crypto, you're seeing what happened with NFTs. There's a lot of people that are just not fans of NFTs. Crypto, Bitcoin, and going away. The convention is here every year in Miami. It's crazy. As you go there all the time. I do want to transition into another topic here.
Starting point is 01:26:18 What happened with triple ratings? With our ratings that came out. And Tom, I want to go to all of you guys. I want to get all your feedback as well. US stripped of triple A rating by Fitch as Budget Deficits Swell, this is a Bloomberg story. Fitch ratings downgraded US debt from AAA to AA plus due to consumers, over-swirling budget deficits
Starting point is 01:26:37 with the federal deficit reaching $1.39 trillion for the first nine months of the current fiscal year, up 170% from previous year Treasury, Secretary Janet, the Ellen Calda downgrade arbitrary and outdated, but Fitch justified the move citing potential deterioration in the country's finances over the next three years due to tax cuts, now spending initiatives, economic shocks and political gridlock,
Starting point is 01:26:59 despite the downgrade, the bond market remain relatively stable, but risk-sensitive assets took ahead with Europe's stock, 600 index tumbling, the bond market remained relatively stable, but risk-sensitive assets took a hit with Europe's stock 600 index tumbling, the most in a month, the downgrade underscores, the worsening US fiscal outlook with Fitch forecasting, the debt to GDP ratio, to rise to 118% by 2025, more than 20 half times, higher than triple a median of 39.3%.
Starting point is 01:27:25 Graham, when you see this, you're in the real estate space, some guys are saying it's not a big deal, you're overreacting, stop, this isn't anything, it's just this, it's just that. And then there's some that say, this is pretty bad. I mean, Kevin O'Leary came out and said, this is not anything that's regular. This is very bad on what's going on here.
Starting point is 01:27:42 What do you stand with this? I think a default should never even be in the conversation. The fact that we even have headlines and say, oh, the US risks a default should never even be a consideration. The fact that it is, and it's being used as a leverage point, I think is awful. It shouldn't be used as that. There should be no question whatsoever that the US is going to pay its debts on time as agreed always. So the fact that this is being used as a possible scenario in the past for negotiation, I think it's awful.
Starting point is 01:28:11 But I mean, they're not exactly wrong with what they say. So I do, I think in the long term, is this going to matter probably not? But I do think all the concerns that they bring up are, I don't see any issue with them. I mean, they're not wrong. Yeah, I totally agree with you. And I think this is serious. And I actually disagree that this is not serious. And you didn't, you know, second part of the, of the, of the, of the, you would say,
Starting point is 01:28:37 in Spanish, Lanoticia of the information is the same week that the federal government was negotiating the debt ceiling increase. Same week, Miami got a credit rating increase to its highest level ever, S&P. So you can Google that, Miami S&P rating, same exact week. So running for president, because you know, I'm here to talk about Miami and what they did, Miami, but I also want to translate into how it makes me
Starting point is 01:29:04 a good presidential candidate. I'm here to talk about Miami and what I did Miami, but I also want to translate it into how it makes me a good presidential candidate. I'm the only candidate period that has cut a public sector budget. Full stop, 20%. The delta between our income and our expenses as a federal budget is a 20% gap right now. It's gonna be ugly, very ugly. I've done it, it's gonna be very ugly.
Starting point is 01:29:22 Number two, I inherited a bankrupt city. When I got, you know, people look at my, I mean, oh, 14% grow, this is gray, you know, whatever, blah, blah. I inherited a bankrupt city. My city on day one, 2009, when I got elected, was the only public official that didn't get elected with union support because I wouldn't lie to my employees. I told them we're going to have to cut costs and it's going to come out of you. We're not going to raise taxes.
Starting point is 01:29:42 And that's exactly what we did. Okay. We had to balance a $600 million budget to $450 approximately, $115 million, we had to cut from our budget, $115 one year, by the way, we didn't get a four year phase in, a five year phase in, nothing. We now have the highest reserves ever.
Starting point is 01:29:59 Highest, we're gonna have a super high individual year, surplus, and the highest bond rating ever. We were fiscally sound, we tightened our belt, we did things that government doesn't do, which is be disciplined. And do whatever American does though, every American bounces a checkbook, hopefully, right? And this is what we should be promoting in our country,
Starting point is 01:30:20 right savings, like you said. And so I think this is a big issue to your point. They postponed it to after the presidential election, which I thought was, you know, I don't think that's a good idea. I think it's wrong. So the next president's gonna have to walk right into that. By the way, when I first got elected mayor,
Starting point is 01:30:38 so I confronted this deficit in 09 as commissioner. And then I had to reconfront it as mayor because we got sued by our labor partners, 13 lawsuits. We won 12 out of 13. The 13th we lost at the Florida Supreme Court. Okay, it was a $700 million liability on a, on a, on a, in our budget. And I said to the guys, I said, look,
Starting point is 01:30:59 I didn't lie to you in 2009, when I told you, we were not gonna be able to raise taxes, and we're not gonna be able to increase your your compensation We had to cut your compensation. We did tiered salary cuts pension cuts, etc Never done before in the history of Miami I'm not gonna lie to you now if you bankrupt the city of Miami when we just grew 10 and a half percent Everything is gone all your cookies all the stuff It's all gone and they believe me and they listen to me and so I negotiated that debt down
Starting point is 01:31:24 stuff, it's all gone. And they believe me and they listen to me. And so I negotiated that debt down for, I think it was $18 on the dollar from $700 million, a 50 million, we didn't even pay it all up front. We paid a 20 million up front and 10 million over three years. And so look, you have to, that's what a private sector, public sector experience is important. Let me ask you an award on Fitch and then I'm going to come to you and then go ahead. First of all, it's not what happens to our bonds because Jamie Diamond and Janet Yellen, you're saying two slightly different things, but they can both be right. Jamie Diamond says it doesn't really affect the US government debt because the price is determined by the market and people are still going to be buying billions and billions
Starting point is 01:32:00 of dollars of government debt of the countries like Japan and China that's speculating and hold US government debt. So that's going to change much. What does change is the waterfall effect in the capital markets across the globe because you saw what happened, the European bond market dropped. So there was real loss of value on one day in the European bond market because Fitch drops on US and although we've had headlines about defaults, have we ever defaulted? You know, the debt ceiling is just the next version of a Marvel movie and it's kind of
Starting point is 01:32:34 pathetic. You know the world's going to get saved. You just look at your watch and say it's going to be at about two hours and 15 minutes into the movie. And I think it's pathetic. I've got to agree a little bit with you on that. We kicked the can down the road. Every time we raise the debt ceiling.
Starting point is 01:32:47 I hear you. I have to disagree a little bit with you on that because I think what happens and you see this in the history of conflict, right? To your point, this debt ceiling debate or whatever you want to call it, right? It's a standoff, right? A Mexican standoff or, you know, and and what's gonna happen is, which is what happens when there's nuclear war, right? Is sometimes neither side flinches, right?
Starting point is 01:33:13 Both sides dig in. For whatever reason, whatever the reasons are. And I think to your point, not solving a problem, continuing to kick the can down six months, a year, a year and a half, there will be a moment where both sides will dig in thinking that the consequences will not be as bad as as what they will be. It will happen.
Starting point is 01:33:31 And I think the, I believe personally, and of course, this is, it's like saying, what is Putin going to do next? I mean, who knows, right? Who can get into his mind? I believe that the consequences will be dramatic and dire. That's what I believe. Maybe it will never happen because of that reason, right? Maybe hopefully, or maybe a president, like me, gets elected, and decides we've got to balance our budget.
Starting point is 01:33:52 Like, this has to be the number one priority, because, by the way, we haven't even talked about inflation and interest rates, or what I call bi-denomics, the poor get poor, right? In bi-denomics, right? Through increased inflation and interest rates. Most people have their money in bank accounts. So they lose purchasing power.
Starting point is 01:34:09 They want to buy a house. They got to pay more interest so they get squeezed on both ends. But if that doesn't happen, if we don't, by the way, we're living on a fictitious money, fictitious money, 20%, right? It's a huge, huge delta. I mean, this is a a huge huge delta. I mean this is a huge huge delta so so to bring that back into line It's gonna take discipline. It's gonna take pain and it's gonna take a good pop tax policy that will grow us out of it at some level But it's gonna take reducing expenses, which we hopefully are prepared to do mayor source. I have a
Starting point is 01:34:41 Sort of a policy and personality question for you, right? So you talked about the project possible, right? So there's maybe there's people that's listening that are like, hey, I like this guy. Super like a guy, but he's in Miami. I mean, I'm in Iowa. I'm in New Hampshire. I'm in South Carolina.
Starting point is 01:35:00 What is he going to do for me? Right? So number one, how can you take the, you know, the Miami model and extrapolate that for the national? Okay. And then, you know, like we highlighted before, politics is so divisive right now. But I mean, I don't know if the camera can sense this,
Starting point is 01:35:20 you're a super likable, aspirational, positive, optimistic guy, that's sort of your message for America. You know, from a policy perspective, debt, GDP, like Graham was talking about inflation, but also just getting along, being a synergist, coming to Washington, how can you take what you've done to Miami,
Starting point is 01:35:39 the Miami model economically, but also personality-wise? What could you bring to DC? Well, I think I can, I hope I can convey the personality that I have the right personality that I'm a consensus builder, that I'm a unifier and that's based on my record as getting elected by 85%, re-elected by 80% and changing a county that was plus 30 for Democrats into one that's plus 10 for Republicans based on our policies. But in addition to that, the biggest problems that we confront as a nation have to be confronted by someone
Starting point is 01:36:07 who has experience confronting them. And so I would say the first problem is our deficit and rapid inflation and rising interest rates. We got to get control of that. I'm the only candidate. You can look it up. You can do the research that has actually cut a public sector budget by the same percentage
Starting point is 01:36:22 that we have to cut our federal budget. The only one that has that experience, right? So I have the personality, the skill set, and the experience to deal with that problem, problem number two, immigration. I don't think that there is a better person capable of dealing with immigration, which is a multifaceted, complex problem
Starting point is 01:36:38 than a Hispanic Republican president. Why? Because you've got to control the border, you've got to, I think, deep power in China is a big part of dealing with immigration. And we can get into that if you want, but it's a complex sort of analysis. You've got to deal with, you've got to right-size legal immigration. And I think that has not been pegged to objective metrics like growth, like the need for skilled and unskill labor, the declining birth rate, et cetera.
Starting point is 01:37:07 Immigration, in terms of legal immigration, should be pegged to those factors and should float with those factors, right? So that we may need 2X, 3X, the number of legal immigrants. I don't know what that right number is, but there has to be a formula to solve it for America's benefit, right? And I think then you've got to deal with the undocumented,
Starting point is 01:37:23 and I think our Hispanic Republican can help demystify that problem. As you were saying, you do this a lot in Rogan's, and you've done some of it today. At some level, as partisan politicians, we're always counting votes. Is this going to benefit me as a party? Is it going to hurt me as a party?
Starting point is 01:37:41 I'm not likely to support a policy that may hurt me as a party, as I am likely to support a policy. That may benefit me as a party. I'm not likely to support a policy that may hurt me as a party, as I am likely to support a policy that may benefit me as a party. And I think being a Hispanic Republican president, you are in effect telling the Republican party, hey, having immigrants is a positive thing for this country. And if they're Hispanic,
Starting point is 01:37:59 this could benefit the Republican party as opposed to be a detriment. You talk about some of the polling numbers, right? We can shift that and change that dynamic which changes the argument in many ways. I think if you wanted mainstream media to get behind you and promote the hell out of you to start, you know, getting the polling to increase,
Starting point is 01:38:17 if you made the bold and brave decision of being part of the LGBTQ community with Roa. I think there's a big play there as a mayor. Are you trying to compliment my eyebrows? No, I'm just trying to say, man, there's another guy that's a mayor that did that. And he was on every magazine book story, every one way to get on there.
Starting point is 01:38:36 I don't think, and I do it. You've been happily married for 16 years. I'm blessed. I'm blessed. Let's talk about something that's going on. That's kind of a weird to me. I take it in a weird way. And I'm really curious to know how you guys process this. All of a sudden, story comes out that Ron DeSantis agrees to debate Gavin Newsom on Fox News.
Starting point is 01:38:57 Okay. Okay. I mean, you know, because Newsom called him out, et cetera, et cetera. And then all of a sudden, they decide to come in and say, yeah, you know, I'm not and say yeah you know I'm not going to do it I'm not going to do it I'm going to do it and now finally he says yeah I'm going to do it so governor Newsom agrees governor DeSantis and Newsom have tentatively agreed to debate on Fox News a Republican is vying for the Republican presidential nomination while Newsom a Democrat is supporting President Joe Biden DeSantis agreed to the debate saying absolutely I'm game just tell me when and
Starting point is 01:39:24 where Newsom office Had sent a formal request to Fox News would propose debate dates and both governors seemed ready for the challenge a debate if it happens Would be a significant event in modern presidential politics defend is progressive Policies and Biden's record Newsom's office proposed three potential dates debate sites Nevada Georgia and North Carolina. I don't know if you've gotten the invite yet, but they're thinking about doing the, Nevada, Georgia, and North Carolina. I don't know if you've gotten the invite yet, but they're thinking about doing the Nevada, Georgia, and North Carolina. So, Tom, for you, how do you process this?
Starting point is 01:39:54 So the way I see it is, one guy is not even a candidate, Newsom. Okay, although he is, we talked about this on the Rogan podcast. He is, I saw an ad there, they formed him raising money. I'm like, what is he raising money for? This was like four days ago, three days ago. You know, so he's saying, no, I'm behind biting all this other stuff. The Santis, who's not in the lead, Trump's in the lead, and Vivek is about to pass up the Santis,
Starting point is 01:40:18 and you got a bunch of different things going on. This has never happened before. It's not like this is something that happens every single time. We've never, apparently, this has never happened before. It's not like this is something that happens every single time. We've never, apparently, this has never happened before. How do you process a governor from a state that's not running during election session would Biden be in the president and the Sanchez, who is second place behind Trump, saying, let's do debate the two of us?
Starting point is 01:40:44 You know, the first thing I looked at was what Gavin Newsom was asking, and I tried to look up real quick his second place behind Trump saying, let's do debate the two of us. You know, the first thing I looked at was what Gavin Newsom was asking, and I tried to look up real quick the polling in North Carolina. I know there are battleground areas in North Carolina, but it's predominantly Republican state, although shifting kind of lavender. And I know why he laughed.
Starting point is 01:40:59 That one's good. Yeah, well, you know, I'm not purple. I got it. Purple. I got it. That's very nice lavender. I'm trying, you know, I'm not purple. I got purple. I got it. It's, you know, I'm very nice lavender. I'm trying to keep it. I got a visual.
Starting point is 01:41:07 Well, I was trying to defer to your recent announcement. Um, thank you. The, um, the, what I was getting so kind of you. I was just, okay, that's good. I got it. I got it. Sorry about that. I brought some eyebrows.
Starting point is 01:41:24 What I was doing, I know he would want Nevada. I know why you would want Georgia. I didn it. I got it too. Sorry about that. I brought some eyebrows. What I was doing, I know he would want Nevada. I know why you would want Georgia. I didn't know why he would want North Carolina. I was trying to look at the polling. Here, there is a lesson, and you're an expert on this, and you've probably seen this in California too. Never agree to a debate.
Starting point is 01:41:39 Mano a mano, with anybody significantly below you in the polls. The only thing can happen is you raise them up. Happily beyond stage with them, because you can talk around them or ignore them. So I know nobody wants to debate me. In a group, right? But this is true. This is political strategy, right?
Starting point is 01:41:58 I mean, it's why Trump is arguably not going to go to the debate. The first debate. He said he's going to wait to see who he takes as. So I think this is- As a whole different theory. But keep going. I think this is bold by Newsom.
Starting point is 01:42:09 And if I'm DeSantis, I wouldn't have taken this. You're enabling him at a time where he's trying to raise even more stature, visibility, and support. I wouldn't have done it. OK. What do you think? I think it's a sign of DeSantis' desperation,
Starting point is 01:42:24 to be honest. I think it's a sign of dissentist desperation, to be honest. I think it's a no-brainer for him. He has, what have been the big criticisms of him, right? That he won't take on rough interviews, that he's sort of coddled, that he's like not, willing to expose himself. And I think his advisors have told him, that's over. You're not going in the right direction.
Starting point is 01:42:42 You're going in the wrong direction. And the only way to shake things up is to take risks. This is the only way to change the dynamic. And I think for him, this gives him volume. We're all seeking volume at some level. To make our case, we have to make our case with volume. It's not the same, you know, being in everything in ROT, I call it ROT, return on time, right? Like, where are you investing your time in terms of how much volume you're getting to try to get your message to connect? I'm not surprised at all. It's a, it will, you know, now he puts pressure on himself, he's got to compete, he's got to do well. And if he does, if he does poorly, I think it's, you know,
Starting point is 01:43:25 I think it's very, very fatal. And by the way, who knows if he's in the race in November? That's another issue. What do you think about it, Adam? No, no, I'm asking you. What do you think about it? Oh, gotcha. This?
Starting point is 01:43:37 Yeah. I love the return on time thing. It comes down to risk and reward, okay? What's more of a risk and what's more of a reward? I don't know why Ron DeSantis isn't going on every big podcast out there, okay? Respect to you for sitting down and answering tough questions and being a part of this.
Starting point is 01:43:55 You know, we all know that political candidates, you can do great on a five minute Fox News CNN segment. Great, you're polished, you have all your words, your scripts, but when a curveball throws your way, you're like, oh shit. So DeSantis has whatever reason not come on certain big, big, big podcasts, risk reward. I don't know, let's say you lose a debate to Governor Newsom.
Starting point is 01:44:23 You saw what Newsom did to Sean Hannity. Yeah. Hannity invited him on, like you're on Fox News, you're in my world about to whip you around to Hannity ended up bloody. Like it wasn't good. I mean, you did better in your fight than Hannity did it. No doubt.
Starting point is 01:44:38 But I'm curious. I'm curious to know, like, what do you think about this? I saw that. Newsom's a great speaker, a great debater. I think for DeSantis, it makes sense that he might want to do that because he could get his face in front of everyone who wants to watch Newsom. What I've noticed with Newsom is that it seems like people who dislike him and like him both want to watch from a different perspective.
Starting point is 01:44:58 The people who like him. What a point. The people who like him. What a great point. Want to see more of them. The people who dislike him want to see more of them. Still want to see more of them. Yeah. who dislike them want to see more of them. Yeah, that's a very good point.
Starting point is 01:45:06 So let me give my thoughts on this, on what I think. So for me, I think it's an insult if you ask me. I think it's an insult on how it's being done. Because if I'm a guy that's anti-establishment, the way I process this is, here's two guys that are saying, yeah, look, we don't think Biden you're going to be there. And the Santa's Trump, we don't think you're going to be there. You're being indicted three times. We don't think you're going to make it. We're convinced that two of us are going to end up at the end of the day debating,
Starting point is 01:45:41 and we think a year from now it's going to really be the Santais against Newsom. So there's an element of arrogance to it. There's an element of... Makes sense. There's an element of undermining two people, Newsom undermining Biden and the centis undermining Trump. So if you do that, if you're part of Trump's campaign, there's a lot of different things you can do you can come out and you can say well you know you you look at this guy he's desperate you know he desperately needs to do this because he just fired a third of his camp and they're running out of the fundraisers so they need to be doing this they have to re-strategize their marketing this is one of their ways to get him from that uh... okay great
Starting point is 01:46:21 fantastic so that can be one argument. Now, let's go to the actual debate. Put a poll, I'm curious if we can run a poll. Who do you think will win the debate? The actual debate. Newsom or the Sanctus? I'm actually curious what our audience will say on who will win the debate.
Starting point is 01:46:41 Newsom, the Sanctus. Not policies, but on TV, who will win the debate between you two. Policies is one of the areas, but who won the debate? For you guys here, for all of us that are here, who do you think? Maybe I'm not gonna come to you because I think you know you're in it.
Starting point is 01:46:55 Tom, Graham, Adam, who do you think is gonna win the debate between the two? I was writing something down because that way I made a prediction before I saw the poll, but I think 6535, no some dissentists. Yeah, I think that's the reason. I think you some. But Newsom's also had a lot more experience.
Starting point is 01:47:12 He's a great speaker, so my vote's probably new. Some. I think with the exception of GDP in California, because you could always be like, we're the we're the fourth. Where's it? Fourth in the world? Yeah. Okay. Great. I mean, that could always be the gold standard. You're not even close Florida. But if you want
Starting point is 01:47:30 to compare resumes over the last couple of years of who's done better, as far as people coming into your state, people leaving your state, policies, COVID lockdown, DeSantis has more to run on. And what is what I think. That's a good quant, but lay it out for who do you think wins the debate, the way debates are evaluated by consumers and voters and things like that. I think they're, with all due respect, neither are stellar human communicators like that. I mean, I think Gavin Newsom is as fake of a politician as it gets. We sat with DeSantis. Policy wonk. Respect. He knows his policy thing. I'd like to see how he does. So a lot more personality. We're looking for numbers.
Starting point is 01:48:13 For sure. Put it out. Here's what I would say. All DeSantis has to do is talk about a few different points. First sentence 1851, you've lost people. California. Number two, you need the borders to be open to show that your population increased. So the only way California can show that its population increased is by getting the borders to be open because the people that are coming up the borders, they're going to be voting Democrats, most 64, 65% of Hispanics vote Democrat.
Starting point is 01:48:49 And it's even higher when it's lower level income people that are coming to a state like California. So that's going to be probably 70, 75%. So, you know, Newsom's going to say, we've had the net positive growth this year, and that data can be misleading. And the census got to show the only way you have a net positive is because you left the borders open. Okay, so that's going to get the crowd responding. During COVID, no one handled it better than the census did.
Starting point is 01:49:13 What's new, some going to say about the census, the issue with Disney, how is dealing with Disney, the woke ideology stuff, the books is going to say the census is banning books, CRT, blacks, the stuff that Kamala Harris is doing. The Sanctus has to defend the slavery stuff saying there was some good that happened with black slaves. Nusums going to go after him hardcore on that. If there's anything they have to role-play, what that answer is going to be on it because you can't just say, well, it did do so. You can't do that kind of stuff. It's going to hurt you. Then they're going to say, Nusums going to come out and he's going to say,
Starting point is 01:49:43 well, listen, if you think Trump is right, the Santas is further right than Trump is. So you definitely don't want somebody like the Santas because look what position he took with Roe v. Wade. Look what position he took with this. So it's gonna be a mess, you know. The Santas gonna go out there and say, look, my entire year, I've been living in Florida
Starting point is 01:49:59 for 45, 45 years. I've never seen so many licensed plates that are saying, state of California on it, right? He's gonna say that. So the bait skills, Newsom's got it. Marketability and getting eyeballs, Newsom's got it. Resume, it ain't even close who's got it. The SANS has got the resume.
Starting point is 01:50:17 But we're learning in this election that resume matters. You need slightly more than resume. You need more than resume. I'll give you the final thoughts on that before we finish it up. And as well as yourself, if the audience is listening to you right now saying, look, Swars, you need slightly more than resume. I'll give you the final thoughts on that before we finish it up. And as well as yourself, if the audience is listening to you right now saying, look, Swars, you know, I know where you're at, I know what you're doing.
Starting point is 01:50:31 Yeah, you're doing a great job as a mayor. Maybe it's good you run next as a governor, but President, I'm not sure I'm ready for you yet. So if you got thoughts on the San Luis Nusam, new some give that, and then final thoughts will go to before we finish up. Yeah, I'll just say that on that issue, I would just say that, like you said, it's more than policy. You have to be able to be inspiring,
Starting point is 01:50:50 you have to be able to connect with people, you have to have the right personality. And I don't think people thought of Trump as a policy wonk. I wouldn't say that's the way he's characterized. So I think politics is the art of the possible. And I think for me, I would say, look, look at our record, look at the success we've had, look at the qualities that I have as a person in terms of being able to bring people
Starting point is 01:51:16 together in terms of being able to solve big problems. We live in a Washingtonized partisan world where everybody wants to just blame the other person. And that's their solution, right? Call of wants to just blame the other person and that's their solution, right? Call of press conference, blame the other side. And I don't have the luxury of doing that. Hercans are not Republican or Democrat. You got to deal with them. Pick them to the garbage, it's not Republican or Democrat. You got to do it. And so I think I'm a doer and as president, it's time for us to have someone who's different,
Starting point is 01:51:46 who looks and sounds different, a Hispanic, be the first time ever, also a mayor, be the first time ever, someone who's a problem solver. And I think that with my record, I've shown that I can bring people together and get things done. Fantastic. Graham. Yeah. What's next for you, man?
Starting point is 01:52:02 You're 33, you're millionaire, you doing great. We're gonna put the link to all the channels so people can find you. Rob, if we can do that below, what's next for you? What should we see with you? We talked about this a year ago. I'm just trying to figure it out. I remember clearly. But I'm traveling now.
Starting point is 01:52:18 So we're doing the podcast. We've done so much traveling over the last few months. And so I'm actually getting out there, going to the UK pretty soon. So I'm just seeing this as an offer. Fantastic, excited for you, man. Thank you. So you had a question for Pat that you wanted to ask him
Starting point is 01:52:33 at the beginning of the call. I am over time. I am over time. So we'll do it now. We'll save it for our guy. It's all good. You can ask me on your podcast here. We're doing that tomorrow, right?
Starting point is 01:52:40 Oh, okay. We're doing that tomorrow. Okay, fantastic. This was great. Gank tonight, we're doing the live podcast with Vivek Town Hall at the other studio that we have the club For those of you guys that are Florida based I think it's already sold out But if you want to stay updated for the next live we'll be announcing for another one that's gonna be coming up outside of this one
Starting point is 01:53:01 Text award podcast to 310 340 1132. Text award podcast to 310-340-1132. Again, text award podcast to 310-340-1132. Take care, everybody. Bye-bye. Bye-bye. Patrick Bade, David here from Bay of Tim and PBRD Podcast. Look, once a year, we host a conference called a Volc Conference.
Starting point is 01:53:17 It's our Super Bowl where 3,000 entrepreneurs, CEOs, executive salespeople from around the world come together to spend three and a half days together, from August 30th to September 2nd at the diplomat resort in Miami, to learn how to scale their business, how to identify their next 5, 10, 15 moves, who to recruit next, who to go raise their money
Starting point is 01:53:36 from how to raise capital, how to properly scale, culture, retention, higher fire, all of those things, and much more. And we do that over a span of three and a half days. And the reason why it's a very important season to attend a conference like this to follow on reason. Today, there's three different types of people. They're scared.
Starting point is 01:53:52 They're those that are content and the obsessed. The scared, they don't want to do anything because they're worried about what's going to happen to the economy. They're going to take a big hit. The content, they're walking on a stainless steel, like this, put you okay, I don't need to do anything else. And then there's the obsessed because they see a massive opportunity today. So imagine spending three and a half days with three thousand obsessed people that want
Starting point is 01:54:11 to grow in a season like this. Imagine how much you can learn from just those relationships and networks. So on top of the people that are going to be attending out to see them, this is probably the best lineup we'll ever have out of all conference. Tom Brady, 7 times champion, I'll be interviewing him. He'll be out of all conference. Mike Tyson, Will Giderra, the gentleman who ran the restaurant,
Starting point is 01:54:28 11 Madison, New York that went from a regular restaurant to a one-mission and start, two-mission and start, three-mission and start, and eventually the number one restaurant in the world. He's gonna talk about how to treat their customers. So look, if you've not registered, yeah, this is my recommendation to, I never went to conferences when I was coming up by myself.
Starting point is 01:54:43 I always went with a spouse, with a business partner or running mate because I only have a lens on what I see every night afterwards. We would sit there and say, what was your biggest takeaway? So get yourself your spouse, your partner, your running mate registered to come spend three and a half days with us at the diplomat resort in Miami from August 30th to September 2nd. I will see you there. [♪ OUTRO MUSIC PLAYING [♪ Yn yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw

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