PBD Podcast - Home Team | PBD Podcast | 213

Episode Date: December 6, 2022

In this hilariously controversial episode, Patrick Bet-David is joined by Tom Ellsworth, Adam Sosnick and Vincent Oshana, to discuss the hunter Biden twitter files, Hillary Clinton, Trump's desire to ...terminate the constitution, how people spend their salary, Kanye West and Sam Bankman Fried. TOPICS Elon Musk Leaks Hunter Biden Story Reaction to 57 people dead people from Hillary Clinton’s inner circle Trump calls for termination of the constitution CNN boss hired extra security after cutting network staff  Reaction to 4 out of 10 people saying the market will crash Why do people spend less money in Las Vegas Why do people spend almost all their salary Reaction to Fed wanting to increase interest rates Nouriel Roubini warns “the mother of all economic crises” Reaction to the person of the year shortlist Elon Musk’s response to Kanye West’s Chinese comment Sam Bankman Fried doesn’t take personal responsibility Try our sponsor Aura for 14 days free - https://aura.com/pbd   to see how many times your personal information was found on the dark web today. FaceTime or Ask Patrick any questions on https://minnect.com/ Want to get clear on your next 5 business moves? https://valuetainment.com/academy/ PBD Podcast Episode 212.   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 know this life meant for me. Yeah, why would you plan on the life when we got that David value came in giving values contagious this world on yourpreneurs we can't no value that hate is how they run homie look what I become If pop is a good vibe. It's a good vibe. All right episode your best friend here. It has brother episode three 213 with home team today. We got everybody in the house Oshana else worth saw snake But David and we got a bunch of things to talk about. Let me give you some stories here before we get into it. Last night was a weird night for me
Starting point is 00:00:47 because after we're done with our meeting at 11 o'clock, Tampa Bay is down 16 to three. I go upstairs. Leo starts blah, blah, blah, blah. Shout out to Andy Berry, happy birthday. Leo starts blasting me. You're reminding me, blah, blah. Let me give you credit.
Starting point is 00:01:01 And then Leo text me, he says, did you see what's going on? I'm like, what's going on? He says Tampa Bay is down. Six with two minutes left. And Brady's got the ball. I'm like, what? And then that went in 17 to 16.
Starting point is 00:01:13 The only time he's done that twice in his career, that time and the time against the Falcons when he made it come back. Crazy shout out to Barry. By the way, Tom. So Tom has that like, I'm single. And this is the BD is what it's made about. He has no worries. So Tom has that like I'm single. And he said, the BD is what it's made up.
Starting point is 00:01:27 He has no. Home I because I was at Pat's house for the late night's stretch meeting doing a lot of work at rate for twenty two thousand twenty three. And I'm four minutes late getting home. So I miss this. Uh-huh. But the guy that's two doors down the garage is open and there's like several cars, you know, the cars that are out in front
Starting point is 00:01:45 and everything and they're smoking cigars and they're in their standing are kind of animated and it was raining a little bit but I stopped and got up and said, hey, Jeff, so what's going on? He says, we just saw the most amazing comeback and they were just getting into it like a playoff getting. I love it. So we got a lot of things to cover. Let me tell you the stories we got to cover. We got to cover the Twitter files that's being talked about all over MSNBC CNN, you know, CBS, ABC, they're all talking about it. They're all talking about it. Wait, do you know, by the way,
Starting point is 00:02:14 do you know the actual amount of, if you know it, don't say it, do you know the actual amount of time that CBS, ABC, CNN, MSNBC has spent talking about the Twitter files. Do you know the time? I do not know the exact time. I'm gonna give you the time and you're not gonna believe it.
Starting point is 00:02:29 I'm gonna get, but I want people to guess the number in the chat room if you're watching this. I want you to guess and then we'll go into it. Okay. So, Elon Musk on a live that I was supposed to be part of, that I miss because of a flip and flight coming back from Phoenix. Seriously, I was, but anyways, he talked about suicidal thoughts. We'll talk about that. If Twitter collapses, they say Tesla will be right behind.
Starting point is 00:02:50 That's an insider story. There's a rubiny warns, uh, uh, uh, the mother of all economic crisis looms. If anybody knows rubiny, he has an open invitation to be on the podcast. We want to know we got some questions for him, fed to way higher interest rates next year while slowing rates rises this month. Tom's got some commentary on that. Saving great plunges to lowest level since 2005. That's not a good sign.
Starting point is 00:03:14 By the way, that's 17 years. CNN boss hired extra security after cutting hundreds of staff members. I got some thoughts on that. Apple and Amazon resume advertising on Twitter. Startup backed by Tesla investor promises ready. $300,000 flying cards by 2025. This is not more complicated than the Toyota Corolla.
Starting point is 00:03:38 For intent consumers believe housing market will crash, times got some data on that. Fewer tourists, unless spending a Las Vegas as inflation takes toll. Musque responds to Kanye West. Adams got some thoughts. Nike permanently dumps Kyry Irving. Jean Pierre, who's our friend here that responded
Starting point is 00:03:55 about the Twitter. Vinnie's got some thoughts on that. And a couple of the things that's going on, this guy named Michael Avonati, who had one point people thought he's gonna run for office, is now going to jail for 14 years, we'll talk about that as well. If there's any other stores you want us to talk about, please post it here.
Starting point is 00:04:09 Okay, so now I wanna put this up there. On how many seconds? Oh, seconds, I thought you said time. So now I already know seconds. No bro, 20 seconds. How many seconds? How many seconds? It's not even, let me put this up there too.
Starting point is 00:04:22 I'm gonna try to send it to you. Everybody here is gonna be shell shocked when I give this number I'm gonna try to send it to you. Everybody here is gonna be shell shocked when I give this number. Okay, I just send it to you, Rob. I don't know if you see it. If you're not seeing, are you seeing it or no? I am. Okay, hang on, let me just text it to you.
Starting point is 00:04:39 I'm sorry, Malik, next time I'll correct it. Right, and shout out to Andrew Schultz and giving you your new neck. Yeah, you should see this. Okay, the time, did you guys say your time, or did you see it or not? No, I sort of got to say one. Okay, what's your time?
Starting point is 00:04:52 Well, you kind of let the cat out the back. Before I said seconds, what were we gonna say? I was gonna say minutes. I was gonna say three, I was gonna say three minutes with the fact that you slipped up. What were you gonna say? I wrote it down right here, my witness, 10 minutes, 10 minutes over all three networks. What were all networks, say? I wrote it down right here. My witness 10 minutes, 10 minutes over all three networks.
Starting point is 00:05:06 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes.
Starting point is 00:05:14 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes.
Starting point is 00:05:22 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. 10 minutes. Guys, seven seconds is all they spent on the Sunday shows, the CBS, but this is right after the announcement is made on Saturday. If this was anything, everybody would be on time. If a small little comment came out, anything about anything on the right or Republicans, they would have spent the entire day talking about it, seven seconds on this. So have you guys followed the story closely?
Starting point is 00:05:45 Have you read all the tweets by Matt Taibi? I have. I have seen a bunch of what Matt Taibi is posting in the sub-stack, right? Should we just get into that first? Yes. I feel like we're already in it. All right.
Starting point is 00:05:56 So if you can pull up the tweet thread so we can read it while you're doing that, I want to read the article from Wall Street Journal. Musk's release of internal emails relating to Twitter's 2020 censorship and news by any definition, even if the mainstream media dismisses it, there will be many threats to unspool as more is released by a couple of points are already worth making. The first is that musk would do the country a favor by releasing the documents out all
Starting point is 00:06:20 at once for everyone to inspect. A second point is H's for rep, Ro Khanah, the California Progressive Democrat, who warned Twitter in 2020 about the free speech implications and political backlash of censoring New York Post story about Hunter Biden's laptop. A third point is the confirmation of the central role that former spies played in October 2020,
Starting point is 00:06:43 and framing the Hunter Biden story in a way that made it easier for Twitter and Facebook to justify their censorship, recall that former Democratic intelligence officials, James Clapper and John Brennan, let the spooks in issuing a public statement suggesting that the laptop may have been hacked and its content was Russian disinformation.
Starting point is 00:07:00 Okay, so do you guys know how many days it took for CBS to admit that the Hunter Biden story was a real story? Do you guys know the exact date? Have they done it yet? They have. Do you know how long it took? 769 days. It took them 769 days to say the story about Hunter Biden is real. It took them a half a second to say Russian collusion was real and it was fake.
Starting point is 00:07:21 Okay, so think about why people don't trust all the stuff that's taking place with media. So let's go through this threat together. If you wanna zoom in and folks, if you haven't read it, I'm gonna read it, zoom in a little bit more if you could, there you go. That should be great. Should we explain upfront who Matt Taibeat?
Starting point is 00:07:38 Go ahead, tell the audience who we're gonna be. No, he's just rolling stones, he's a rolling stone. Journalist, not a Republican. not a Republican, by far. But you know, I would put him in more in the common sense camp. He's not, I think he's more left than he is right. And he said, and he got a legitimate investigative report. He's an actual reporter, which he, that word is so loose these days. But in fact, he got access through Elon to get all this information.
Starting point is 00:08:04 So what Elon is doing, he's going and getting a bunch of these guys to come join the team, which is great. So let's read through it. Okay, so threat, the Twitter files. Look how many likes to go, by the way, 373,000 likes, 155,000 retweets. What you're about to read is the first installment
Starting point is 00:08:20 and a series based upon thousands of internal documents obtained by sources at Twitter. The Twitter files tell an incredible story from one side of the world's largest and more of most influential social media platform. It is a Frankenstein tale of a human built mechanism grown out of control of a designer. Twitter and its conception was a brilliant tool for enabling so mass communication, making a true real global conversation possible. For the first time in an early conception,
Starting point is 00:08:45 Twitter more than lived up to its mission statement, giving people the power to create and share ideas and information instantly without barriers. As time progressed, however, the company was slowly forced to add those barriers. Some of the first tools for controlling speech were designed to combat the likes of spam
Starting point is 00:09:01 and financial fraudsters. Makes sense. That's important to point out. There's no question about that. Slowly over time, Twitter staff and executives began to find more and more users for these tools. Outsiders began petitioning the company to manipulate speech as well.
Starting point is 00:09:14 First a little, then more often, then consistently. By 2020 requesting requests from the connected actors to delete tweets where routine one executive would write to another more to review from the Biden team. The reply would come back handled. If you look at that email, there's five of them. Well, that aren't there, Pat.
Starting point is 00:09:32 What's the date? October 24, 2020, a week before election. Yep. One very good point. Number nine, celebrities and unknowns alike could be removed and reviewed at the behest of a political party. Again, this is another one. So click on it, click on that picture. Zoomed in a little bit to my, I grabbed the first one under SI deferred to safety on the high profile second one. Okay, an additional report from DNC. This is now the 25th. They're replying back to it. Okay,
Starting point is 00:10:01 let's go back to the email number eight, go to number nine. And the high profile segment was James Woods. I saw that. Go number 10, go number 10. Both parties had access to these tools. For instance, in 2020, request from both the Trump White House and the Biden campaign were received and honored. However, the system wasn't balanced. It was based on contacts because Twitter was and is overwhelmingly staffed by people of one political orientation. There were more channels, more ways to complain, open to the left, well Democrats than the right. By the way, people need to know, 99% of employees at Twitter donate to the Democratic Party. It went from 96%, it's at 99%.
Starting point is 00:10:44 You remember after the midterms we broke down? Yeah, exactly. Each of the big tech Silicon Valley, the way that they sway politically, and it was all the big act. Yeah. Right. Facebook meta. Yeah, it was all 90 plus percent. The resulting slant and content moderation decision
Starting point is 00:11:01 is visible and documents you're about to read. However, it's also a suspend of multiple current and former high level executive. Okay, there are more critical concerns. I'll be on the Twitter files part one. How and why Twitter blocked 100 Biden laptop story? In October 14, 2020, New York Post published Biden's secret emails and expose based on the contents of 100 Biden's
Starting point is 00:11:19 abandoned laptop. Okay, Twitter took extraordinary steps to suppress the story, removing links and posting warnings that it may be unsafe. They even blocked its transmission via direct message. A tool. Hither too. Hither too reserved. Prision's please. Child Pognapp.
Starting point is 00:11:39 That's how you know he's a real journalist. He uses words like hither too. Hither too. White House spokesman Kelly mechanic Maccalae maccalae maccalae no confusing was locked out of her account for tweeting about the story prompting a furious letter from Trump campaign after micon was see that at least pretend to care for the next 20 days by the way she wasn't just the white house spokeswoman she was the press secretary that isn't saying to me.
Starting point is 00:12:05 Kellyanne McCayney. Kaylee McAnany. I'm not kidding. It's still our Kellyanne way of doing this. She knows it's confusing, Pat. She knows it. Okay, it has been locked out from her account for simply talking about the New York Post story.
Starting point is 00:12:14 All she did was cite the story in first hand. Report it has that has been reported by other outlets and not disputed by the campaign campaign. I need an answer immediately on when and how she will be unlocked. I also don't appreciate how nobody on his team called me regarding the news that you'll be censoring news articles. Like I said, at least pretend to care for the next 20 days. Okay, let's go to the next one.
Starting point is 00:12:38 On October 14th. Yeah, so Twitter, okay, there you go. This led the publicly public policy executive Caroline storm to send out a polite WTF query several employees noted noted there was tension between the comms Policy teams who had little less control over moderation and the safety trust teams. Can you click on us? See what that one says so safety and trust as a team had more power than Communication it's insane Tom. Okay, go back to it. Let's wrap it up. There's only four more interesting folks I'm reading this assuming some of you guys maybe haven't read all of them
Starting point is 00:13:14 Number 21 strombs note return the answer that the laptop story had been removed for violation of the company's hacked Material policy, okay, keep going down. Although several sources recalled hearing about a general warning from federal law enforcement that's that's summer about possible foreign hacks, there's no evidence that I've seen of any government involvement in the laptop story. In fact, that might have been the problem. The decision was made at the highest level of the company, but without the knowledge of Jack Dorsey. Wow. With former head of legal policy and trust
Starting point is 00:13:51 Vijaya, God, they playing a key role. Interesting that they're skipping Jack Dorsey to even ask the CEO founder of the company. They just freelance did is how one made one former employee characterized a decision. Hacking was the excuse, but within a few hours, pretty much everyone realized that wasn't going to hold, but no one had the guts to reverse it. And last but not least, you can see the confusion in the follow-on lengthy exchange, which ends up including a gad and former trust and safety chief, Yol Roth,
Starting point is 00:14:21 Combs official Trenton, Kennedy writes, I'm struggling to understand a policy basis for making this unsafe. Can you click on that? Can you click on that? Zoom out a little bit. Okay Trenton, I'm struggling to understand a policy basis for making this unsafe and I think the best explainability argument for this externally would be we're waiting to understand if this story is the result of hack materials. We'll face hard questions on the zone. I'll give myself a bunch of people on the bottom. Okay, keep going.
Starting point is 00:14:47 Go to the next one. If there's any, I think maybe one or two left, 25, 26. By this point, everyone knew this was fucked, said one former employee, but the response was essentially to her on the side of continuing to her. Okay, keep going down. Former VP of global Combs, Brandon Borman asks, can we truthfully claim that this is part of the policy? Go, little or. To which former deputy general Jim Baker seems to advise staying the non-course because caution is warranted,
Starting point is 00:15:19 a fundamental problem with tech companies and condom moderation. Many people in charge of free speech of speech, no care little about speech and have to be told the basics of outsiders. And one humorous exchange on day one, Democratic congressman, Rokana, reaches out to Gatt to gently suggest she hop on the phone to talk about the backlash, re-speech, Kana was the only Democratic official
Starting point is 00:15:43 I could find in a file, so express concern. Okay, I I mean we can go more and more. You can unstop it at this point. We've gone through all of them. Tom, what are your thoughts when you see something like this? So this is an organization that doesn't know what free speech is and basically they had become politicized. That's an objective statement just by reading this. And Kana was correct. He said, listen, free speech is the ability to peacefully assemble and present your point of view. You know, it used to bother me terribly when I was in college and I would see, and I think it was in Ohio, these Nazi groups, like a club, you know, more than a club, and their little brown shirts will come out and get together and hold a little bit of a rallying speak. And I just just think it's just so wrong to hear that,
Starting point is 00:16:29 but it was free speech. So you would see that with your own eyes, you would see not. No, no, no, I was watching the coverage. I was watching the coverage. And I would say, wow, I don't like what they're saying. This is really terrible. This is, there's a lot of people feel hurt by this,
Starting point is 00:16:42 but it's like, but the price of free speech is free speech. They're not armed. They weren't tearing up towns. And I think what has happened here is companies have become politicized and it's becomes a communication on them. And I find this to be really illuminating, especially when they get down. They start talking about free speech, and then they start talking about external defensability. That tells you that adults in the room knew that they had trouble with what they were doing. Tom, what is the, not telling the CEO,
Starting point is 00:17:15 this is the big, like imagine, I'm like, oh, we didn't think we need to share this with you. Something small happened yesterday, I'm like, how come I didn't know about it? But on a situation like this, do you think Dorsey wants to know something like this? This is the biggest story that's gonna go out. You don't call the CEO of the company.
Starting point is 00:17:30 Look, Dorsey, if you take a look at Dorsey over the last year, he's had extended periods of absence. Didn't he, wasn't he like on an extended retreat somewhere, half way around? He was very focused on crypto square. That was, he was showing up at the Bitcoin conference. So a lot of things going on, but he was also out of the country for a while.
Starting point is 00:17:49 And there is something to be said about being walking around your own organization. Pat, you've led and been investor in several organizations at the same time. What is the difference for you to be on site walking around versus like emails and zooms and everything else. It's different when it's on site. You can kind of sense things.
Starting point is 00:18:09 You get the little side conversations. And I don't think Dorsey was getting any of that. And they even said, we kind of freelance this and didn't tell the boss. They openly said it. Yeah, to me, I, first of all, I don't understand the concept of a COB and on vacation for three, four months and you shouldn't be a CEO. on vacation for three or four months and you
Starting point is 00:18:25 Now you shouldn't be a CEO if you want to do that Don't be the CEO step down. That's not something you should be doing. Anyway, it's if that's the story What are your thoughts about this when you see this so you know? There's a couple different things that I'm kind of rooming in my head number one. They're using the term bombshell I don't think it's a bombshell meaning was anybody shocked that the people at Twitter were limiting free speech? I don't think anybody is completely shocked by that. I think that's the reason that Elon and we all understand why Elon said, all right, I got to kind of step in and be a freedom of speech advocate.
Starting point is 00:19:00 And that's the reason he bought Twitter. Let's not forget that Elon Musk voted for who in 2020. Joe Biden voted for Joe Biden. I'll repeat that. Elon Musk voted for Joe Biden. So it almost shows the independence and the good nature of Elon. He could say, hey, look, I could not support Trump
Starting point is 00:19:21 and not support what he stands for, but at the same time, I can be sort of an equal opportunist and an umpire and say, this was wrong, right? That because it's ultimately this comes down to Elon Musk. I think we all would agree. Would this story have leaked or would Matt Taibe had access to these Twitter files if not for Elon Musk? Would you agree with that, Pat?
Starting point is 00:19:44 You said, of course, you said bombs. You said bombshell. It was, it's merely an accusation subject for debate that's spinning around the view and everything else that are not really news organizations. But maybe it's not a bombshell, but it certainly is a validation, don't you agree? I, I agree. I think it's something that this is essentially
Starting point is 00:20:04 the reason why Elon Musk bought Twitter. One of the reasons, it's freedom of speech. You saw that he's brought back Trump. But Trump didn't want to go back on there. He's brought back Kanye, who has now sort of canceled himself at this point. He brought back Tate. He's bringing people back that should have never left Twitter. I guess my question is, if everything would have played out and freedom of speech would have been,
Starting point is 00:20:27 you know, allowed, how much would that have moved the needle of the election? I'll give you a question. It's a question. I'm not thinking of point. How about you ask yourself, what do you think? Well, what I'm trying to distinguish is freedom of speech, information, circulation, I think we can all agree upon that. Versus a totally separate topic, election fraud, election deniers, freedom of speech. This is part of election fraud though. But, surprise that information,
Starting point is 00:20:55 from a voter, but that's what I'm stating, is that freedom of speech, disinformation, is not actual election fraud. Does it, is it limiting information? Yes, we're on the same page there, but the two are separate. That's what I think. But wait, wait, wait, no, no, but stay there.
Starting point is 00:21:13 So you asked a wonderful question. Why don't you answer your own wonderful question? What's your question? I said, how much of this actually played a part of the election? Answer your own question. Yeah, I mean, we all saw what happened with Hillary when James Comey came out and basically said and-
Starting point is 00:21:29 I agree. Okay, that's what I'm saying. I totally agree. And, you know, allegedly that could have swayed the electorate, right? But I don't know. I mean, it's not like we're there counting the balance. I can't play that game. I'm asking a question.
Starting point is 00:21:43 But here's a question. If you're asking a question of us, you ought to be able to answer that question yourself. Because I'll give you my answer. Okay, but here's what I'm saying. Yeah, tell me. What is the actual Hunter Biden laptop story? Meaning I personally don't think that Hunter Biden is this evil henchman
Starting point is 00:22:04 that's making all these deals behind the bush. Pro answer your own question. You just asked. I'm your answer to your own question. I'm saying that whatever happened with Hunter Biden and Twitter was wrong and should have not been suppressed at the same time. That was not election fraud. Bro, you still are not answering. So do you realize what it is to ask somebody a question that you're not willing to answer yourself? I asked let me go ahead. Let me put the question. You said, do we need to go back and show you what you asked? How much of this would have impacted the election? Answer your own question. I don't know. That's the whole point. But you can't say I don't know. Could it have moved the needle? Would
Starting point is 00:22:42 it have moved the needle in Arizona? Would it have moved the needle in Pennsylvania? So here's the one that moved the needle. I don't know. Could it have moved the needle? Would it have moved the needle in Arizona? Would it have moved the needle in Pennsylvania? So here's the, would it have moved the needle? I don't know. How am I liatom? I think you have a belief under there and you just don't want to say it. You started to talk about James Comey in the emails and we can also go back at Bush versus Gore.
Starting point is 00:22:57 Bush had a drunk driving conviction that came out less than two weeks ahead. Polls moved. You didn't just turn 18 yesterday and just start voting. You've been around several elections and you see how these things move voters. They do. You can answer your own question
Starting point is 00:23:13 and you brought up comments. You guys are missing my point. I'm saying that information should have been circulated. Agreed. Could that have moved the needle? Yes, possibly definitely, but that is not election fraud. Election fraud is a separate topic. All the, all the lawsuits that Trump went to, to each and every single court were struck down and lost. Okay.
Starting point is 00:23:35 So you guys are trying to conflate Hunter Biden with the election fraud. I mean, so I can feel your own media. Let me, let me keep some information from the voter. That's not for us. Yeah. So let's, let's, let's, let's, let's, um, no information from the voter. That's not from. Yeah. So let's, let's, let's, let's, no, that's suppression. It's not fraud. It's voter suppression. That's your suppression of all. Let's unpack.
Starting point is 00:23:51 Let's unpack this a little bit. Okay. Let's unpack this a little bit. What you just said, you open up a counter warms. You asked the question that maybe I should have asked the question, but you asked the question. So if you asked the question, you got to own the question. No, I don't know. I'm asking you guys the question.
Starting point is 00:24:03 You answered the question. But no, if you, if you do ask a question like that, you have to be able to all sense the question you're asking. So let me give you the answer to the question. To say, you know, what do I have really, and I love, because, you know, I watched so much CNN the last couple of days, okay? The last two, three days. Can you do me a favor?
Starting point is 00:24:24 Go on CNN's YouTube channel and then go on MSNBC me a favor? Go on CNN's YouTube channel, and then go on MSNBC's YouTube channel. Go on CNN's YouTube channel. Just go to YouTube and go to CNN. I wanna show you, hey, John Malone, you say, no, no, you're right there, you're fine. So, hey, John Malone or Chris the New See Your Cluck on Videos for me, and zoom in a little bit so we can all see it all right
Starting point is 00:24:46 So that's four hours zoom out a little bit so all the videos are on the same page, okay? So first one is about what she's signing off last one She's my house. How sweet yeah chasing life So watch this reporter shows how China's zero COVID policy no prime Trump Russia Another story pants about Trump keep going another story. Where's Twitter not one keep going keep going keep going keep going Still no Twitter story keep going keep going keep going keep going no Twitter story keep going keep going keep going Keep going no Twitter story keep going keep going keep going no Twitter story right two days now
Starting point is 00:25:22 We're at satis Sunday now keep going keep going, keep going, keep going, no Twitter story. We're at two days now, we're at Sunday now. Keep going, keep going, no Twitter story. But there's a Trump story on every line of foreign videos. By the way, the only reason you don't talk about it is because you know it has that kind of influence. So let's, I can do the same thing with MSNBC, CBS, ABC, everybody, fine. Let me go to the other part about would it have had any impact? It was on its way for being the most viral tweet ever on Twitter. That's how
Starting point is 00:25:45 crazy this Twitter was. Tweet was by New York Post before they shut it down. It was on fire going viral. The only reason it was going viral is because everybody was interested to see if this man who's about to be our president is using his card of presidency to steal money or get money from others. That is a valid concern for people to ask. People who go into politics for a long time may become rich, concerns everybody from both sides. Left, right, or the middle.
Starting point is 00:26:14 A politician shouldn't go from making a 140 grand year to being worth $140 million or $20 million or $50 million. There's something that happened there. Now, so to answer the question that it had an impact, everybody was common sense and knows it had an impact. Could it have flipped? Of course it could have flipped. Now let's talk about the word that you're saying,
Starting point is 00:26:33 election fraud. Let's unpack what election fraud really means. What is election fraud? I think the part that you're thinking about, election fraud is ballots and stuff. Ballots. Correct. No, no, but that's about, election fraud is... Ballots and stuff. Ballots. Correct. No, no, but that's not just election fraud.
Starting point is 00:26:47 Election fraud is multifaceted. Betrayal is betrayal one dimensional or is betrayal have 20 different dimensions to it. Betrayal has, I can, you can betray me 20 different ways. It's not just one way to betray me. Betrayal is not just about talking behind my back and telling me stuff that I, betrayal doesn't mean you steal from me,
Starting point is 00:27:04 betrayal doesn't mean you fork or my grow. Betrayal has 20 different about talking behind my back and telling me stuff that I betrayal doesn't mean you steal from me Betrayal doesn't mean you for it. Well my girl betrayal has 20 different dimensions to it, right? Okay, Electrofrod has election fraud has multi-different dimensions to it Electrofrod sometimes referred to as election manipulation voter fraud or vote rigging Talk to election manipulation which happened voter fraud or vote rigging involves illegal interference which they did with the process of an election which they did either by increasing the vote share of a favorite candidate which they did depressing the vote share of a rival candidate
Starting point is 00:27:34 which they did according to this definition there is electoral fraud. So now you get involved in Twitter and you're telling an organization that's 99% funding one side, how to protect you, and this guy becomes president. Let me tell you why a guy in Marlago is furious, sitting there saying, what the hell am I doing, wasting four years of my life in the, in my 70s, where I should be the president today. Finish up my second term, love or hate me, I could have gotten my job done, but you guys got this other guy
Starting point is 00:28:11 because there was election fraud through social media company. I didn't say ballots, and I say any of that stuff. This is proof. So for people to say, it is what it is, it's just a non-story. Every CBS, A-B's, anything that I see anybody talking about it onto any, it's not a story from the past.
Starting point is 00:28:32 It's just, it's not a big deal. Yeah, this is the kind of stuff why today, do you know who's the number one journalist in the world today? It's a guy named Elon Musk. Do you know who's the number one journalistic organization in the world effectively today in just six weeks of him running it? It's called Twitter.
Starting point is 00:28:48 The way he's running it, we're about to drop some news. They're doing more journalism than CNN, CBS, ABC, NBC, all of those cats, including Fox, all of them combined. Twitter's doing more investigative journalism than any of those five cats combined and it's ran by citizen journalists. Shout out goes to them and for people who were
Starting point is 00:29:09 frustrated and upset for something to be this, if you're about to marry a girl that I'm known for a while and you're about to propose to her and you and I are boys. I'm talking boys from second grade, okay? I know this girl and you ask me, Pat, I'm about to propose, is there anything I need to know? And I know some stuff that you need to know about her, okay? And I really, really, and this is the kind of stuff you should know, okay? Ligest stuff.
Starting point is 00:29:38 Imagine I don't keep that from you and I don't tell you. Six years later, two years later, you find out from somebody else, but you're already married. It's too late, we're married to Joe Biden right now. We don't tell you, six years later, two years later, you find out from somebody else, but you're already married. It's too late. We're married to Joe Biden right now. We don't have a choice. And then I tell you, and you say,
Starting point is 00:29:51 you say, Pat, what the, why would you not tell me this? And I said, bro, it's an old story, man. It's what she did 13 years ago. It's what was seven years ago. Who cares? Who can make a difference? Anyways, right now, you're married. She's pregnant. And you guys have an a ton of fights, and now you said, if I would have known, I would have never married her.
Starting point is 00:30:09 That's how America feels right now. That's exactly America feels right now. They feel like somebody had intel on a girl that were getting ready to marry, but they didn't want to tell them until after they were married and they were pregnant already. That's the frustration people have, and it's very painful.
Starting point is 00:30:22 And I understand their frustration. And at the same time, we still have to it's very painful and I understand their frustration and at the same time We still have to be leaders responsible and move on Every it's it's a very weird dynamic like living in the past we got the information now We know who's shitting now. We know who's dirty now. We know who's playing the games great We know who the actors are let's move on and make sure this doesn't happen to us again How do we do that? That's my interest my interest isn't sitting here bitching and complaining and whining. Let's change the constitution.
Starting point is 00:30:48 I'm not that guy. All I'm saying is this matters. This is important. They f'd up. They lie to you. They manipulate you. They backstab you and then laugh at your face and say, who cares? Anyway, it's too late.
Starting point is 00:30:59 Let's move on. Bullshit. You don't play those games with people, especially not in a country called United States of America and panic Which a great point. I'm gonna make I'm gonna make two points When you when we first started off you said about the seven seconds all combined and we're kind of like I can like in shot But is it really shocking that they're all boys and I'm gonna quote good fellows when the narrow tells young Henry Hill He goes I'm gonna talk the most two important things in life
Starting point is 00:31:22 Never rat in your friends and always keep your mouth shut They're not gonna tell the truth about what the hell is going on. Right, you feel what I'm talking about? And then when it comes down to all the stuff that we're finding out from the FBI with Hillary with collusion and everything, from COVID, the origins of the mass, the Vax, Hunter Biden being the big guy and everything, I, you know that saying, you're not supposed to say,
Starting point is 00:31:42 I told you so, but doesn't it feel like that entire time I told you so I was I was I that woke that people like me people like you a pretty short time in the same Oh, I knew it. I knew it the whole time and I wanted to be like I told you guys There was a press in this story and when you're asking about what was in the story the back the big guy The basically his son was his bag man going to get the money. If that didn't affect the election, then what would it? So he was the bag man. So good point. Respect.
Starting point is 00:32:11 What if the story would have gone out? Yes. What was the story? Meaning, here we go. Here we go. We've already established that half the country, or a little bit less than half the country, was voting for Trump regardless. Yes. The other half of the country or, you know, a little bit less than half the country was voting for Trump regardless.
Starting point is 00:32:25 Yes. The other half of the country was voting against Trump regardless. Meaning like, you know, Trump says, I could shoot somebody on Fifth Avenue murder and I still wouldn't lose a vote. Meaning people are dug in. Got it. So this story leaks. Hunter laptop, we had the guy John Paul Mack, John Paul Mac boom boom. What is the story?
Starting point is 00:32:47 Okay. And what is the story that would motivate somebody to change their vote that they're already locked in on. Okay. Okay. So, so for instance, like I brought up the Hillary and the collusion and the Russia and she paid on firm to get all this dirt. If we found out because one of the stories that he was saying, when we spoke to him, I spoke to him in the green room, is that Hunter was getting center on the world to do little shady deals, and the big guy, his father, the vice president at the time, was getting a cut.
Starting point is 00:33:16 Okay? Hence, one of the reasons when this COVID hit, you're keeping this guy in a basement, because this story is getting hot, so nobody could know, and we can't even dig into the story to find out because the story is getting hot. So nobody could know and we can't even even dig into the story to find out what the deal is. So one of the things besides him doing crack cocaine, he's one of the luckiest crack kids in the world.
Starting point is 00:33:33 He could do crack, record it, it could go public and nothing happens to the guy. He's winning in that sense. But if we find out that he's doing all these deals and he's giving a cut to his father, even as vice president, you can't be the president bro. You're doing shady deals with China, with Russia with all these deals and he's giving a cut to his father, even as vice president. You can't be the president, bro. You're doing shady deals with China, with Russia, with all these people.
Starting point is 00:33:49 It's shady business, bro. And if we were mad about a fake story that Hillary put in about collusion, that's a major story, bro. That's why you keep him in the basement. So, you know, let him talk. And this election was tight. You go back and look at Arizona, Georgia,
Starting point is 00:34:02 Pennsylvania, Wisconsin. I don't wanna talk about the accusations of ballots. I don't. I just want to say that mathematically, the final numbers, whether you believe them or not, were fricking tight, very tight in those four states. That was the whole election. They knew it was tight. They knew it was tight.
Starting point is 00:34:19 They knew that this was, look, they knew when, do you remember the two weeks before the election with Hillary? And the news media tone changed. They wouldn't cover the Trump rallies. Remember how many people were there? You don't have to like him. You don't have to admire him. But you look at who is at the Trump rallies and you look at how many people weren't at the Hillary rallies.
Starting point is 00:34:41 Something was going on and they knew it was tight and with Biden they also knew it was tight and they also knew they did not have a compelling candidate and they also knew that they had made a mistake, all the polling. What happened six weeks before the election? County appearances at Kamala Harris made six weeks before the election. They stuck her in the basement with Hunter. Why? Because she was not a compelling vice presidential candidate. They knew this thing was tight. They knew they were on it. And on October 20th, October 6th, they were like, man, this is the Hillary email story. This is the Trump Trump driving story. We lose a point in a half and it wasn't the entrenched. As you correctly
Starting point is 00:35:24 point out, people were dug in in that's not who it was It was the American independent voter that was right there in the middle and would not have taken many of them in Arizona George a Pennsylvania Wisconsin and this thing goes the other way. They knew it was tight. They knew they had to suppress it Do you have a follow-up? Well you want to listen? story. I mean, listen, I'm, this is all great. This is amazing. I'm not here defending Hunter Biden. I'm not a spokesperson. I'm asking legitimate questions
Starting point is 00:35:52 of how much this actually would have affected the election. You guys seem to be 100% certain that had this story would have leaked. Trump would be the president right now. And I'm sure many people feel that way. And that's why people are very angry. Let me, let me, let me do a different thing for you. Let's see if we're going to make some progress here.
Starting point is 00:36:08 According to the definition of electoral fraud, do you, somebody who has a degree, you had a 3.7 GPA in high school, your smart guy on paper, do you consider what they did with Twitter, 99% the email exchange, what you just saw, based on this definition that we just Googled, that there was election fraud. I believe that they're not in the traditional sense, but in the suppressing of information.
Starting point is 00:36:40 Yes. So, according to this definition, so let me read it one more time. I'm going to read it one more time. Give me the highlighted part. I'm going to read it one more time, because English is definition. So let me read a one more time. I'm gonna read a one more time Give me the highlighted part. I'm gonna read a one more time because English is my fifth language So electoral fraud sometimes referred to as election manipulation. That's manipulation voter fraud vote rigging involves illegal interference. That's this With the process of an election either by increasing the vote share of a favorite candidate, which is this, or depressing the vote share of a rival candidate by silencing people on Twitter or both.
Starting point is 00:37:11 Okay, so I hear you out here, and I could, I just asked one thing, was this illegal? Because this says illegal interference. Was this actually illegal? So you're thinking what they did wasn't illegal. What just happened with Twitter wasn't illegal. What just happened with tour was an illegal basis. Was it in ethical? Was it immoral? But was it illegal? Well,
Starting point is 00:37:29 it's fraud. It's the definition of fraud itself is illegal. Okay. So, let me play guys. Yeah. I believe I'm playing devil's advocate. I know you are. You want to just sit around and all just know the same page. Yeah. 100 fighters. The words stories over. We're moving on. Raise your voice. We're not raising our voice. Yeah, 100 writers, the worst. The story's over. We're moving on. You can raise your voice. We're not raising our voice. We are raising our voice. I'm just wondering what I will say is the Ben, let's, let's, let's, let's be devil's advocate here.
Starting point is 00:37:51 I like it. I'll, I'll use a nice little tone. We don't have to be a devil's advocate. We just need to read it. I'll speak very eloquently. You have a 3.7 GPA. The, the, the Benghazi story that they were doing with Hillary Clinton.
Starting point is 00:38:00 Yeah. Benghazi, Benghazi, Benghazi, Benghazi, Benghazi, Benghazi, Benghazi, Benghazi, emails, emails, emails, emails,azi emails emails emails emails emails emails emails emails. Yeah, couldn't that be a very similar situation. I don't know why why don't deflect stay on this. I'm not deflecting, but I'm saying stay on this. That she's a criminal. She's a criminal. And that's validated. Yeah. People around her commit suicide too often. That's what that's in that. And by the way, she's one of the most feared people in politics, not him.
Starting point is 00:38:25 People love Bill Clinton. They fear her. Do I know 100%? No. But if 74, whatever the number is, if 50 people around you, if 10 people around you, keep committing suicides, I'm a little bit concerned. I watched this documentary.
Starting point is 00:38:40 400 people that this nurse was looking at, they made a documentary, whatever they called this guy, and the movie came out, the good nurse, 400 people died because they were taking a drug. This guy eventually went to jail. The difference between her is, she controls all these political organizations, so she's not going to go to jail.
Starting point is 00:38:56 It's not gonna be happening to how many people? 57 people from Clinton's inner circle have died in a strange circumstance the last 30 years. Yeah, it's a weird number, bro. I mean, the other day, Steph Curry made five full court shots with one hand. Did you see this? I got those fake.
Starting point is 00:39:12 I got those fake. Nobody shot to a neck. Five. It's ridiculous. With one hand, he made five full court shots. This guy's the greatest shooter of all time when he did this. Yeah, when you see some like that with Hillary,
Starting point is 00:39:22 there's odds are there's something going on. Yeah. So going back to this to say whether it's illegal or not and beat around the bush with the story, what they did is election fraud. That's the definition of it. And bear not. Yeah. Well, I think something about Hillary.
Starting point is 00:39:37 Yeah. Go for it. What's your level of certainty that she is a murderer? My level of certainty in life works in the following way. I play with odds, just like I do with investments. I bought an Mbappe card, his most expensive card two months ago. The reason why I bought an Mbappe card two months ago is because I think that guy's a bad-ass mother,
Starting point is 00:39:58 you know what I mean. And he's showing you right now, Pat. And guess what? He just officially tied the messy, and I think one more than Ronaldo or something like that, for the most goals ever in the world cup I play one more than Ronaldo or something like that for the most goals Ever in the world cup by player and he's only 23 years old. Those guys are in the late 30s Okay, his card that I bought doubled in price in the last two months, okay?
Starting point is 00:40:14 That's an odds game. Okay, that I'm playing investment If I talk to my kids and last night they five frescas are missing And Melva tells me five frescas are missing and I'm seeing they're interrogating these kids to see who had the three frescas. We know we ended up finding out because of odds based on who likes fresca the most and who's an expert in that area okay. So eventually we got the intel. I went to my tutor files in my house and found out who drank the most fresca and the guy eventually admitted to it who it was okay so it wasn't Senna. But the point would something like this with Hillary? 54 people? Yeah, I mean, you're naive if you think
Starting point is 00:40:49 it's a good idea to get into her inner circle. You're a very naive person. If you think it's a honorable thing to go work for somebody like that. When you see what happened with Twitter and saying, I don't think it would have made a difference in election. You're either naive or the following. And by the way, this is what I'm about to tell you right now.
Starting point is 00:41:06 I'm giving you a bone, Kai. And you can pick this and play with it all you want. You ready? All of us, to an extent, have selective hearing. We can only see the good our kids do. Great parents understand that their kids do things wrong and they gotta be disciplined. Either by their teacher, by their culture, people around them.
Starting point is 00:41:24 Okay, great parents. Sometimes we only see good in everybody. Sometimes we don't want the story to come out because we hate Trump, so we don't want to give him any credit for anything, got for a bit of this story, validates that Trump should have been president, and I'm wrong today, and I got to go pay back all the people that I took money from.
Starting point is 00:41:43 Sometimes we don't like that story, right? Okay. But in reality, this is a real story. Okay. And a lot of people that voted for him are going back to Walmart asking for refund right now, saying, I want my vote back. They're not happy about their vote. But there are those who secretly, they're so proud that they publicly looked so good when Trump lost, they can't give into this thing to give it any kind of credence because God forbid if they do, guess what? They were wrong. We hate to be wrong. Can not stand by your's remorse. But a lot of people got buyers remorse. We can move on to the next story. I love you, I respect you, you're my mentor, you're my boss. You didn't give me the odds though. What are the odds that she's a murderer?
Starting point is 00:42:31 Oh, you're going into that? You didn't answer the question. You told me who found the first guy. Yeah, I think that's a fair argue, yes. What are the odds that she's involved in those 54 people that committed suicide? I don't know, bro, I'm in the 60% town. Okay, yeah.
Starting point is 00:42:44 I mean, 60% town. And by the way, I appreciate that number because we learned something when we interviewed the Philip Muds, former CIA, and this is something that I constantly, constantly navigate to, and I implore the audience to use this as well. There's a major difference between what you think and what you know and what you can prove. Yeah. And nobody's proved that she's done that. Well, you're given 60%. No, no, I'm saying 60%. But let me tell you 60%.
Starting point is 00:43:06 But there's people out there that are like 100% broke. No, I know for a fact, bro. I'm not saying that. It's like, shut your mouth. But 54 people, there's a little bit of small, but so much more to think that people would follow that. So close. Adam, if 54 of my sales people had committed,
Starting point is 00:43:21 and they weren't, they're direct reports of mine, you should reconsider what I know. I know what I'm looking at. Isn't it? The guy who would be received from being Ricardo Aguilar. I'm thinking why I look right. Well, you know, on his horse. I like Ricardo on his horse and his cat story.
Starting point is 00:43:39 Let's go to the exact where I'm going. I think this is appropriate to go into two stories. I'm going to go into two stories. I'm going to go into the Trump story next, then CNN layoffs. I think all those are kind of going together. So Trump calls for termination of the Constitution over Elon Musk, Twitter files, leak. Half-poformer President Donald Trump suggested that the contents of the leak warranted a complete election redo or simply a coup in which he would be installed as president.
Starting point is 00:44:02 A massive fraud of this type and magnitude allows for determination of all rules, regulations, and articles, even those found in a Constitution Trump wrote on Truth Social and a follow-up he added, unprecedented fraud requires unprecedented cure. In all the certainty of late 2020, Twitter went to relatively extreme lengths to deal with the laptop story. The platform blocked it. Sharing a link to the New York Post story. The platform block did, sharing a link
Starting point is 00:44:26 to the New York Post story meant your accounts could be blocked until you deleted it, which is what happened to then White House press secretary Kelly McAnnie, whatever her name was. What's up, Mac? I'm gonna eventually get it. Okay. She's old news.
Starting point is 00:44:40 By the way, so this story here with Constitution, what are your thoughts on this with what Trump said? Well, I'm not so much worried about what Trump said because obviously Trump has a position here and he's sticking to it. I'm more concerned with what Elon Musk's response was. Did you see Elon Musk's response? Where he said, no president or no person
Starting point is 00:45:00 is bigger than the Constitution. And I think that's something that we can all get behind. No? Yeah. I agree. I agree on that. Here's what I will tell you. Think of your, so you have to look at this from a couple
Starting point is 00:45:14 of different perspectives. As an American, no. The Constitution is the Constitution. OK. As an American. If everybody agrees on doing something with the Constitution from both sides, it's something we ought to entertain.
Starting point is 00:45:26 Could be something we ought to entertain. But at the same time, do think about if you're sitting they're saying, I'm telling you guys, they did this. I'm telling you, and you're like, nah, you're an idiot. You don't know what you're talking about. You're just a criminal. You're the one that's manipulating this. That I'd have two years later.
Starting point is 00:45:44 Yeah, everything I said they did. They did. Yeah, but who cares as two years ago? Nobody really cares about its old story. Think about how you would feel as an individual. So his understanding is just frustrating. And just going to like his anger, yeah, he's nuts, right? Adam, but it's validating his anger in January 6.
Starting point is 00:46:03 I don't give a shit what people call it. Interurrection, the threat of Donald is a piece for me. Hold on, hold on, hold on, bro. Let's be real. It was a bunch of dorky-ass people taking photos on Pelosi's desk. People were getting them let in. There was FBI dudes riling people up. Let me explain to you bro. If you're more, I'm not condoning people getting killed because I think one one guy had a stroke or whatever But there's people are more mad at that than we're this is cheating bro. They cheated They stop stories who knows what up? What else shit that they stop? I don't give a shit Well January 6th. I don't give a shit. I tell you I asked you that's why do you guys think that that now that whole
Starting point is 00:46:43 Comedian all that that smoke is gonna die out now, because guess what, he's, they cheated. They, they withheld stories. So now it's validating his anger towards it. And that's all right, here's my question too. Do you think of right now, they just did a recount of reelection, whatever, all right guys, he's out of the basement.
Starting point is 00:47:00 This story is out, does he win the vote? Does he win the election? Right he win the election right now today if they started it all over again? No COVID, no, everything, no, no, I'm just saying. I don't know, no, no, no, no, everyone wants to play Monday morning quarterback and go back two years and figure out what happened. I know this, Donald Trump is a toxic candidate.
Starting point is 00:47:19 I also know that Joe Biden is a very poor candidate. And in America today, we have choices between shitty candidates, okay? I'm not on team blue, I'm not on team red, I'm on team red white and blue. And this is the reason why everyone in their mother is like, I don't know, we're on the Sanctus, I really wish I could.
Starting point is 00:47:39 I have very good friends, I bring this up all the time who are as magnet out as they come. And their texts, the man there said, hey bro, I can't continue to be on the Trump train. So I don't know, I mean, and who gives a shit? We're not going back to 2020 as much as Trump truths about it or tweets about it, whatever they call it. A truth bomb is this.
Starting point is 00:47:59 It's truth. We're not going back. And at the same time, I understand why people feel angry. Things were censored. Big tech has a major role in disseminating information or limiting information. There's a lot of people have a lot of bones to pick, which I totally understand. I empathize with those people. At the same time, it's 2023 in about 25 days, yeah?
Starting point is 00:48:26 We're not going back to 2020. I agree. I agree. Move on. I agree. And try to clean it up for 2024. By the way, we've had two and a half years to discuss the Hunter Biden-Laptop story.
Starting point is 00:48:37 What's the press though? How much did that affect the midterms? Not much. Well, wait a minute. Wait a minute. You can't say how much you did. You did it in fact, the midterms, because this never came out before the midterms.
Starting point is 00:48:50 It didn't come out. If this would have come out before the midterms, you're saying it's not gonna impact the midterms, you know it's gonna impact the midterms. The timing of this was perfect for the left, because this is gonna impact elections zero. It's not gonna impact midterm. It's not going to impact midterm and it's not going to impact 2024.
Starting point is 00:49:07 It couldn't come out at a better time for the left, period. If I'm a strategic democratic, whatever strategist, let's just say, for the left, I'm sitting there saying, guys, relax. The worst possible time for us, the worst possible time for the Republicans. This ain't going gonna do nothing. This story's gonna move on in the next two months,
Starting point is 00:49:28 three months they're done, we're gonna move on to the next thing and we'll find bunch of stuff on the sandtys, Trump that will make up and people will buy, don't worry about it. Okay, well let me transition into the story and Tom, I wanna get your thoughts on the CNN story. CNN boss, hired extra security after cutting hundreds of staff members.
Starting point is 00:49:44 This is a daily mail story. let me go to the story here is least so uh... cnn cio chris lique to reportedly hired extra security to stand outside a conference room and follow him around after cutting network staff licked laid off hundreds of employees including some big name on air talents like pre-t bahara allison uh... caustic dan america and chris silza including some big name on air talents like preet Bahra, Allison Cossick, Dan, Marika, and Chris Silva. Lake Tattsat and executive conference from throughout the day
Starting point is 00:50:11 with the doors open to take questions from remaining employees about the string of cuts. While most of the cuts were off camera employees contributors, producers and reporters like Martin, salvage, Mary Ann Fox and Alex Field also faced layoffs and also are now forced to look for employment elsewhere. Another major casualty of Lix cuts was CNN,
Starting point is 00:50:33 spin off HLN, and its entire step. That's why the lady was crying. So what are your thoughts on this time? Well, I think we are such an angry people right now that a CEO that's brought in to combination to a turnaround and part of that he has to wield the hatchet on staff. It's not surprising to me and I think it's very prudent that he did this but is completely unsurprising.
Starting point is 00:51:00 We are such an angry people right now and you're laying off a bunch of folks. I applaud the fact that if it is true that he was in the conference room, he was taking questions. So it sounds like he's trying to communicate it. Hey, there's no good way to say this. We are not getting good advertiser response. This was not done out of pettiness. This was not done out of preference. This was how this was done out of a lack of profit and there's no money to pay these people. So he had to make changes,
Starting point is 00:51:31 including some large contracts that apparently people that weren't pulling viewership. So I look at it and say, you may not like what it looks like, America, but this was a business decision and if it is true, I applaud that he at least tried to have a dialogue with people, but the fact we are so angry and we are so unedged, you know, he had to get security and I understand that.
Starting point is 00:51:55 You know, you know what's interesting about this. This happens. Every large organization goes through this. But you know what happened with Twitter? When Twitter laid off 37, 35 3500 people it was cover story everywhere He's a terrible man, but when CNN does it. It's a different story, right? Think about how they have to spin the way they're letting people go versus how when Twitter store every other Second, they were talking about Elon Musk. Let's go up 3500 people Elon Musk. Let's go up 3500 people and you're doing this FYI
Starting point is 00:52:23 John Malone. I think you said You want to go back to journalistic integrity? You said that. Okay, these are your words You said you want to take CNN back to real by the way, is there audio cut up? Do you hear my audio? My mind was a little bit. I think you guys are good mind some's happening with mine You just if the audio's if. If the audience is not hearing anything going on my audio, then it's just my mic. It's fine. But I
Starting point is 00:52:49 hear something going on with my mic. But if John, if you're talking about you really want to do that to CNN and you're really committed to it, can I ask you why you haven't yet covered this Twitter story? There has to be conference calls with leaders at the top. Or are you like when the stories at Twitter, the story didn't come up to Jack Dorsey, because maybe he wasn't involved during those times. Maybe he was off-site.
Starting point is 00:53:11 And you don't think the Twitter story needs to be told by your people. What do you think? You think the fake news label that CNN got is gradually going away, or you think you're increasing it by actually not talking about what was just released this past Saturday by Twitter documentation, not opinions,
Starting point is 00:53:32 screenshots of email exchange. There is nothing more real than an email coming from a person telling you what they're asking somebody of an organization like Twitter to do, and you still haven't covered it. So guess what, CNN, you are still fake news. And until you're willing to do your part, competing on both sides,
Starting point is 00:53:51 telling, doing journalism on both sides, unfortunately, until that changes, CNN is still fake news, till today. Hopefully they'll do something about it because we need competition in media. I told this thing about how all of us here use an iPhone. Okay, does anybody not use an iPhone? Rob, tell us you don't use an iPhone.
Starting point is 00:54:09 Your iPhone. This is terrible news, by the way, that everybody uses iPhones. We need competition in media so people are watching everybody. We need it everywhere. This doesn't benefit if CNN is not doing journalism anymore. It does not benefit it.
Starting point is 00:54:22 So, you know, when I see a stat like this, one criticism, if you criticize others, we're getting laid off and you just did it yourself. It's kind of painful. Number two, if you really say you want to change turn things around, well, maybe you start kind of talking about some real stuff instead of just fake, fake, fake.
Starting point is 00:54:35 I'm constant. You know, I wonder if at his security were they armed? Because I mean, people have seen it, and I'm probably like, not anti-second amendment, but eight of them they're got a gun. So they were just a bunch of buff guys walking around like, we got you. Because this guy,
Starting point is 00:54:49 John Malone is who compared to Chris Lick. Chris Lick does a new CEO and John Malone is a... John Malone's the billionaire. John Malone, Chris Lick is the CEO. He's the new Ted Turner. He's the new, he's the Ted Turner's the founder, but he's the new guy that owns and runs the company. Since, since you're an odds guy,
Starting point is 00:55:04 what percentage of CNN do you think of what they disseminate is fake news? What percentage what they disseminate is fake news? Right, because it's not 100%. It's not 0%. So, of course. And same thing for Fox, same thing for everyone. Of course not.
Starting point is 00:55:22 Of course not. Yeah, I don't know the exact number. I'm not going to sit in and tell you it's fake news or it's not. I guess what I would say is more, lack of doing your job. Myus. Listen, for us, we're not journalists. You can call this citizen journalism, but we've been in re-run businesses for a living. We run, come with this podcast, we're going to talk about a bunch of different business
Starting point is 00:55:43 stories today. We're going to have laughter. We're going to entertain. We're gonna have lafters, we're gonna entertain, we're gonna educate, we're gonna enlighten, we're gonna talk about entrepreneurship capital. That's what we're gonna do. And we're gonna do this every day. That's what we're doing with our company, right? These guys, their job is to tell us
Starting point is 00:55:55 what the hell is going on. They get paid to do investigative journalism and we're getting none of that. How many people are sitting there investigating what's really going on with Twitter with Hunter Biden at CNN? Zero. How many people are sitting there investigating what's really going on with Twitter with 100 Biden at CNN? Zero. How many people were investigating what happened with Russia collusion? Everybody and ended up being wrong. Do you realize how pathetic an organization looks when they do that? Credibility of CNN. Look at this. This is
Starting point is 00:56:18 statistic. This is not anybody else. Zoom in a little bit if you could. Zoom in a little bit. Okay. I mean, very credible, 23%, somewhat credible, 30%, not credible at all, 12%, not at all credible, 20%, heard of no opinion, 13%, never heard of it this. I mean, I don't know what this is. Scroll in a little bit, Rob. Scroll in or out. And so I go to the left.
Starting point is 00:56:42 What's the second number? 20 and 30? 30%. Yeah. So 50% of the country thinks that they're Very or somewhat reliable 53% 53% Then the other half of the country says that they're not very crumpled or not at all credible Which is kind of America she's kind of America like to see Foxes, but you know, you know, what I would say again with them if you go Mm-hmm, and you investigate Russia and you told us we're not the experts
Starting point is 00:57:10 that that's what happened and it was all fake, your criminals, your criminals, you cause how many unnecessary fights that that fake story about Russia creating fake? Oh my God, how many families pull? Yeah, you're absolutely right. I do think that. So for instance, who was who was the on the other day? Was it? Oh, is Ari, um, pleasure. Ari,
Starting point is 00:57:32 fly sure. And he said, I said, give me someone who's credible because this whole thing was that journalism is very biased. And he's I like the name. And he said that Brett bear at the, you know, five o'clock, six o'clock hour in Fox news that someone He finds be very credible actually happened to like Brett bear met Brett bear in person I took a picture with them and give him respect. I do think that's a type of person But then you know after seven o'clock eight o'clock then you get into the lower ingram and Tucker So there is a difference in this kind of it's by the way the same thing with with you know You have wolf blitzer and you have Jake Tapper who I also find to be pretty credible.
Starting point is 00:58:05 And then you get into the Don Le Mans and you get into, you know, the Anderson Cooper's. So there is a major difference between newsmen, newscasters, even journalists to that regard, and opinion journalists. And I think that that's, there's like this conflated sense of like, well, it's all kind of, it's on CNN. So it's all intertwined or it's on CNN, so it's all intertwined,
Starting point is 00:58:26 or it's all what's my point, is that I think on certain shows, opinion shows, there should be sort of a disclaimer that this is Don Lemons' opinion. This is Tucker Carlson's opinion, versus someone like Brett Baer, or someone like Shepard Smith, or someone like Jake Tapper, where it's like, this is the news. Because you can't treat the same equally,
Starting point is 00:58:51 just like how you kind of gave us, like, listen, we're business people, we're doing a podcast here. We're not the news, we're not the journalists. So there's a, the people understand that this is an opinion. Do you not agree? You asked for Fox's score, here's Fox's. It was 58. Fox's 58. CNN is 53. Okay. Saying what? I can't see so good. No, no, you asked for the question.
Starting point is 00:59:11 The very credible and the somewhat credible Fox is 58. CNN was 53. Fox's got CNN beat by 5%. So America trusts Fox News more than they trust CNN by 5%. That's a big percent. That's 10% more. That's not a small percentage you're talking about when it comes out to percentages and bag I give them you know I would I would respect them more if they just had to whoever's in charge now Just to be like hey guys look right in the camera. I'm like we fucked up. We're sorry I'll try to be better. Oh when I'm saying it then people might kind of chip because like you say Adam It's not objective journalism. They're political activists and I get it I'm pretty sure the DNC gives money to CNN right and the Republican party hooks up Fox, but why is why is the Fox winning? Why are they taking my sticker Carlson number
Starting point is 00:59:55 one and killing it? Is it just that many more Republicans out there? Let's move on. Let's move on to some business stories here. So Tom, I'm gonna go to you first. Four and 10 consumers expect housing market will crash, survey, fines, four, intent consumers believe housing market will crash. Economists and real estate industry leaders generally agree that the US housing market has slowed and will continue to in 2023, but have tended to use wars like temper, modest correction when referring to
Starting point is 01:00:26 declining sales and price ahead. Crash is a word that has been almost universally avoided. Consumers may have gloomier expectations. A recent lending tree survey of 2013 Americans ages 18 to 76 found 41% believe the housing market will crash in the next 12 months. Crash is defined as a significant drop in home values and a short period of time of those expecting a crash three out of four think it will be as bad as worse of 2008 housing crash home prices posted the third straight monthly decline
Starting point is 01:00:59 in September Tom thoughts. Which is really interesting I dug into this and there's you say to yourself, why do people think this? Why do they think it? And so I back up and say, what do they think it? And I looked in here and right now, the days that listings are on is extending. I saw Redfin, I saw Zillow stats. So the number of days around the market
Starting point is 01:01:22 are getting longer and longer and longer. And the number of show around the market are getting longer and longer and longer and the number of Showings is is is like way off and it's because interest rates are high people can afford to buy houses So if Vinnie selling his house Vinnie's my friend. I said how's it going? It's gone nowhere man I had a good realtor. It's been on the market. Nobody came here open house. There's like three couples and you know It's just sitting it's just sitting and we And she told me to drop it $49,000, so I dropped it $49,000, and it's still sitting. So Americans number one, they know
Starting point is 01:01:53 that things are sitting on the market. Number two, they know that the mortgage rates are higher, and it's making them all worried. Those are the two facts that you dive into the consumer sentiment, that's what they say. Man, nobody can sell a house in our street. And, boy, look at the mortgage rates. The average person that doesn't read the Wall Street Journal, who's just aware of their
Starting point is 01:02:12 own community, that's what they're saying. What's also interesting is how regional this is. Right now, California, Washington, Oregon, and Nevada, it is in crash mode, whereas South Florida, buoyed by a huge influx of people called demand, the market has only moved about 3, 4%. So depending on where you live is also connected to this, but consumers are not dumb, and they're seeing what's out there and suddenly it feels pretty bleak, and you survey them,
Starting point is 01:02:43 and they said, oh, this thing's gonna crash. Tom, let me ask you. Rational confusion. In your expert opinion, we can all agree that the 2008 financial crisis were spurned by the mortgage-backed securities and the, what was the Nina no income, no assets and basically the loose lending, right?
Starting point is 01:03:00 I mean, that's essentially the reason that the economy almost tumbled all these mortgage-backed securities and all this loose underwriting. Oh yeah, yeah. We were default and inventory both. Okay, so there was a lot of bad actors. There was a lot of loose underwriting. There was whether it was a legal fraudulent, you know, I don't know how many people went to jail for it. I don't know. But people were sort of calling it Michael Burry. So there were some definite reasons for that. In your expert opinion, what are the one or two bullet point
Starting point is 01:03:32 reasons why this crash would happen now? Is it interest rates? Is it supply and demand? What would it be? Well, first of all, what goes up must come down. And because we printed all that money, we artificially inflated asset prices. We've talked about this on the podcast before.
Starting point is 01:03:48 From sports cards, collectors to artwork, bulls, to use cars, popped up, remember. And so what goes up must come down. And right now what you've got is this crash is not going to be the structural disaster where you had all of those justies popped. Because remember, what happened? Wasn't that they had bad loans?
Starting point is 01:04:12 It's that they all adjusted. And once the adjustment started, it was this horrible downhill storm of people defaulting because the interest rate came up and they're like, sorry, I can't pay that, I have to default. What you have right now is you had artificially inflated prices that have to come back down and they're coming back down in the face of two things.
Starting point is 01:04:32 Interest rates are really high and you've got, you know, the affordability in terms of the individual consumers of the demand side. So I don't see a structural disaster the way there was with the adjustable mortgages suddenly adjusted and squeezed everybody in the defaulted. I do see that the prices were artificially inflated and now you've got, oh, interesting. The areas that have low demand like California, Washington, where people move in out of those blue states, reducing the demand for houses and that's where you see it coming down first. But Americans are not dumb. They're out there
Starting point is 01:05:09 right now, and they're feeling this, and for a lot of people, average means is a sad. Let me go to this next one, because there's different markers when you look at this. Fewer tors are less spending in Las Vegas as inflation takes us tall. Inflation is taken its toll on since city as fewer tor tours are visiting the gambling mecca and those who do spend less than usual. The University of Las Vegas Business School released the report, forecasting the city's economic outlook between 2020, 2020, 2024, noted that its economic turn
Starting point is 01:05:38 grim in June of this year. Interest rates have gone up and we know that we know that prices are going up as well. That's what the Fed is trying to get their hands around and solve. It may be that Fed's policies is having an effect not only nationally, but it's also affecting our economy locally. One of the studies authors, Professor Stephen Miller, said Tom. It's interesting about this as well.
Starting point is 01:06:02 Basically people in Las Vegas are hurting because you know, you can spin everything you want in the news. And we just covered that a little bit. But there are two things that are very, very true right now. Savings rates are crashing and people have stuff on credit cards and they're using that for average purchases. If you're doing that, you do not have that extra 500 bucks to go with two buddies to go see a ball game in Vegas and gamble a little bit. You just don't have it.
Starting point is 01:06:31 That is the core of vegans. You're seeing it right now. The tourism's down and when the tourists are there, we don't spend as much. We gamble a little bit, not a lot of bit. We don't party. We don't have a $4,000 bachelor party for our buddy We it's we spend less or we don't go. It's crazy when you're saying that when when COVID happened I would go to Vegas regularly because we were signing a contract with MGM Grand Arena So the my driver would pick me up and I would say so tell me how I would ask everybody How's traffic in Vegas not back yet? How is it? Oh everyone got laid off MGM How many people got laid off here? 90% of where people working for MGM Grand
Starting point is 01:07:06 Arena or laid off? No way. What are they doing? They're all trying to find some work But where did they have to move out because you're in the event business, right? You can so a way to gauge economy is Las Vegas or wait to gauge economy is nightclubs or way to gauge like the story You were talking about yesterday with Miami, however, your recall, 11 had $600 million a Bitcoin they accepted to this year, 11,000 in the last 90 days. That's just mind boggling to me when you hear
Starting point is 01:07:35 a number like that, right? So nightclubs tells a story, Las Vegas tells a story, gambling tells a story, all of these things are telling a story. Now, somebody may come back and say, but Pat, didn't we have record breaking black Friday and Cyber Monday? That's also a story.
Starting point is 01:07:50 Because the numbers were up for online sales, but the numbers were down for physical going to a place which makes us people no longer want to go to a physical place, deal with line standing outside, dude, I just go on Amazon and buy it and it's gonna be shipped to me anyways and nowadays they're shipping faster. So this, you know. I was so disappointed Thanksgiving day I usually like to watch the riots at best buyer people
Starting point is 01:08:12 The year off Well, I mean pack a thing about if it's that's the biggest sale day people are gonna spend money that they you know They get kinder because it's 40% up But Tom what do you what do you think would be what's going to be like this crash that they're talking about? And I know since I've been here, I've been here for six months. You guys have kind of been, you know, we're hovering around, you know, 6, 12, 18, 30, you know, whatever.
Starting point is 01:08:33 What do you think is gonna be that breaking point where it's just gonna like, I'm not hoping for the 2008 crash, but like people like me that have been kind of saving and stuff, because listening to my boy Adam, like we're wanting to buy Pat, I want to, I'm gonna probably live in Florida for the rest of my life.
Starting point is 01:08:46 I wanna buy a house, I'm not gonna take advantage of people's failures, but I'm waiting when you think, I know we've been talking about it, what's gonna be the straw to break the camel's back? Well, I'll just trip back to Pat, but we've been talking on this podcast for a while that the Goldman and others are calling top rate,
Starting point is 01:09:03 was it Pat five and a quarter, four and three quarters like May, right? That's what they are calling top rate. Was it Pat five and a quarter, three quarters like May, right? That's what they're calling top. They believe that's going to be the top. Now, what that means, Vinnie, is that's when the increases stop because they believe they have inflation under control based on a lot of things they watch, including unemployment. Once that happens and it comes down,
Starting point is 01:09:21 then you're going to see, you know, some maybe housing opportunities out there and you're not taking advantage of somebody's misfortune. If they have to sell that house and you have the capability of buying that house, that is a transaction. It may not be as good as those people like it, but you know what?
Starting point is 01:09:35 Let me give you a data. I'm sorry, go ahead. I just wanna give one thing about Vegas. Admit your son I'm making. This, I don't know if you're like, we're a pun, unless, yeah, well, that's true. I think we can all agree. You're not going to Vegas like you're going to Florence
Starting point is 01:09:47 to go check out the history. You're going there to party to drink, to gamble, to do sinful type of activities. That's why it's called Sin City. So I'll give you a story. Two years ago, Buddy of mine was having his bachelor party. And most of us live in South Florida in Miami. And he's like, dude, we're gonna do it
Starting point is 01:10:05 in Vegas. It's a very emotional decision to go party and I live it up. But that's it's not like logical acting. Well, you know, I think we should have a good, let's go. We're gonna party. We're gonna rage. I said, guys, let me give you a little food for thought. There's 10 guys. Okay. I said, we're all gonna fly to Vegas. We all get to get hotel rooms. We all got to, you know, eat meals. This that party clubs nonsense gamble. I said, we're all gonna fly to Vegas. We all get to get hotel rooms. We all gotta, you know, eat meals. This, that party clubs, nonsense gamble. I said, we're all gonna spend them three grand a person, okay? That's 30 frickin' grand between 10 dudes.
Starting point is 01:10:36 I said, if we just stay in Miami, don't succumb to our emotional, you know, primal instincts. What do you think we could do with 30 grand staying here in Miami? And I wrote it down, I said we could do this, this, this, this, universally, unanimously. They're like, Adam logical reason.
Starting point is 01:11:00 We are staying in Miami. By the way, for 10 grand, we had a ridiculous bachelor party. I would invest in the run of the 20 what I'm saying Stay local and save that one. That's a great story Do that's dope so see you at the comedy club make a rain The question you just asked let's address the question you just asked when is a good time to buy house right because a lot of people I was on top Ferries podcast and we were going back and forth yet another guy That's a roasted expert. We, well, I don't think I think maybe the real estate's going to take a hit around, you know,
Starting point is 01:11:29 somewhere shy of 5% next year in 2023, speaking like a realtor, sweet heart of a guy, but that's what they're saying right now. Okay. Savings rate plunges to lowest since 2005. This is an axial story. Americans are spending most of what they're earning these days. Okay. The savings rate in October was the lowest since 2005,
Starting point is 01:11:50 and the second lowest on the record ever. Let me say that one more time folks. It's very important for you to hear this. I am. Americans are spending most of what they're earning these days. Do you know how scary that is? The savings rate in October was the lowest since 2005, and the second lowest on record ever.
Starting point is 01:12:08 This is America, richest country in the world, ever, right? Thanks to higher prices and a return to normal life that has folks traveling and going out again, Americans are spending more and saving less. And for now, many are sitting on a lot of savings. So that they don't meet to suck as much money away. Key word, they're sitting on a lot of savings right now. A lot of folks build up a big cash cushion over the past
Starting point is 01:12:35 couple of years, but the inflation training higher than wage increases at some point, some things got to give. So what does this mean? All right, so people are not selling a house right now for what it should be worth because they have some money. They're not in a hurry. People are, I bought a,
Starting point is 01:12:53 Tiger Woods most expensive, most best card I just bought. It sold for $396,000 a year and a half ago. I just bought it for $140,000 cash. And he wanted $300, and I paid $144. This card sold 17 months ago for $396. I bought it $440,000, okay. I just bought a Joe Burrow card.
Starting point is 01:13:10 That's a million dollar card. It's one of one. It's a national treasure, one of one. I bought the card for $300,000, okay. I bought a couple emboppé cards. Max's last, what's Max's last time, the driver, that won two Formula One championships. First happened, first happened. I just bought two of his cards. That guy's a freaking stud of a guy, right? Max, Max has lasted, what's Max's last time, the driver that won two Formula One championships?
Starting point is 01:13:25 First happened, first happened. I just thought two was cards. That guy's a freaking stud of a guy, right? He's hard-served. He's going. Young too. And by, I just bought the Pat Mahalpatriky home's second best card.
Starting point is 01:13:33 I think that guy's a stud of a guy. That's a million and two cards. I bought it for $400,000, $380,000, right? So people are starting to sell things like that. So cash is still available to people. They're being reckless not saving money. Thinking that money is going to be coming regularly, they have no clue what happens when a unemployment goes up high next year.
Starting point is 01:13:56 And eventually in the next six, nine, twelve months, they're going to sit there and say, babe, I think we have to be realistic. That conversation with a realtor is going to be had. And the realtor is going to sit down and say, listen, John, we have to be realistic. That conversation with a realtor is gonna be had. And a realtor is gonna sit in there and say, listen, John, Mary, I have to tell you guys this. If you're not gonna hear from me, you're gonna hear from the next realtor, if you fire me. And here's what the conversation is.
Starting point is 01:14:14 And he's gonna show, he or she's gonna show five, six, seven different stories. And it's gonna say, real estate's taking a hit. And although you think this is a million out of home, this is actually a 790,000 out of home at best. I say we go in the market with 870 and if we get offers in a high sevens, let's entertain it. And that realtor has to sit there just like a doctor telling a patient, if you don't stop losing weight and stop eating sweets, you're going to have a heart attack and
Starting point is 01:14:43 die in an X 12 to 24 months. Doctors have to have that conversation. Then it's on the patient to say what? Doc, he's full of shit. What are you talking about? That, that, that, no problem. Keep eating what you're eating. Two years later, I'll see you again for a heart attack
Starting point is 01:14:57 and we'll have that meeting. Let's matter of fact, set it up in the calendar because your lifestyle is leading to a heart attack. People are starting to realize their financial situation is about to to a heart attack. People are starting to realize their financial situation is about to have a heart attack. And unfortunately, very few of us like to pay attention to different markers that's training towards a bad event coming up
Starting point is 01:15:18 in our personal life, in our finances, in our health, in many different aspects of our lives. Air against, we have so many blind spots, human nature has that, right? America's going through it. So if I'm, again, I'm not an expert in this space, I'm not going to sit here and tell you I'm a real aesthetics, we can talk to some other people about that. My opinion is if I'm buying something, I'm very patiently waiting until middle of next year to Q three of next year. If I'm gonna be living in a house for 10 years,
Starting point is 01:15:48 fine, go buy a house today. But if I'm looking at something that I'm buying that I don't know if I'm gonna live in it for 10 years, I'm probably waiting till middle of next year. Adam. Look, I love the fact that when it comes to your money, it's called personal finance. Because if there's anything that I'm an advocate of, and I know we're all advocates of,
Starting point is 01:16:08 it's personal responsibility and personal decisions. We live in freaking America for the those of us that live in America. What a blessing to be able to live here and not deal with the nonsense that the rest of the world has to deal with. And, you know, one of the things I always say is there a difference between broke and poor. Poor is, man, you're living in a poor ass country. You have no opportunities. You are poor. You know, poor is a horrible mindset,
Starting point is 01:16:35 is a horrible situation to be with. Broke is a different thing. Broke is you make 50 grand a year and somehow you can't get by on 50 grand a year. Broke is, I make 100 grand a year and somehow you can't get by on 50 grand a year. Broke is I make 100 grand a year and somehow I'm living paycheck to paycheck. You see these stats of these millennials, 50% of millennials making 100 grand a more,
Starting point is 01:16:54 I live in paycheck to paycheck. You see these stories and it's like on one hand, I'm like, hey, I hear you, I understand, it's tough out there, but on the other hand, I'm like, buddy, you're making a hundred grand a year Figure it though. Oh, yeah, so everything comes down to wants versus needs Understanding keeping up with the Joneses understanding what lifestyle creep is the more money you make the more money You want to spend on nicer things and At the end of the day you have the power to control your own finances
Starting point is 01:17:22 You have the power to go get another job. You have the power to go get another job. You have the power to stay home on a Saturday night versus go into Vegas like we just discussed. So the end of the day, save that money, it's on you. I think, well, I didn't wanna put it on blast here, I think, because Pat, what we were, a point we're getting to, me and Adam would like to borrow 500 grand from you and 500 grand from you and start an app called Vegas,
Starting point is 01:17:43 Vegas, we're gonna be be in tourism to Miami. Because then that's the story. Are you guys in? I like it. I like it. Vegas, Vegas, Vegas. We don't need to be in the hands. We've discussed these stories that have kind of gone up and down like a yo-yo over the last couple of years with COVID. You know, they're using like the return to normal, which is like, go back out and just spend money. And versus we've seen debt come down and then personal, go back out and just spend money. And versus, we've seen debt come down, and then personal savings go back up and house prices.
Starting point is 01:18:09 But the end of the day, it's your own individual decisions, what you do with your money and your finance. Is it not? It is. And you gotta, for some people right now, they're going through really rough times. For some people are really experiencing the pain. You know, like like think about going to
Starting point is 01:18:25 sleep every night, worried about your companies about to announce layoffs, and if you're on that list, and you have to clean up your resume, okay? That's a scary place to be. But I will also remind those same people, if it's a scary place today, listen, if we can just be straight up with you, you were very arrogant a year year and a half ago, bullying, your employer for constant raises every 90 days and threaten them to leave if they didn't give you a raise. You know who you are if you're listening to this. You did that.
Starting point is 01:18:52 So both ways, if you did that, you're paying a price today, because a Jedi asked me question. She says, does a body count matter? Okay. Do you remember when Jedi asked me the question does a body count matter? Okay. Do you remember when J. asked me the question does body count matter? And I said, here's the best way for me to explain body count. Like do you, if a girl's been with 100 guys or 50 guys or what, does that really matter? I said, the same way it matters if you have 20 jobs in the last 10 years on your resume. Okay. If you got 20 jobs on your
Starting point is 01:19:22 resume the last 10 years, that tells me you don't know how to handle conflict You eventually quit. You're the problem. It's not the company. It's not the organization you're part of You're you have a negative attitude. You probably also get other people to quit You attract the life out of the place. You blame everybody. There's an issue with you going into 2024 That's got 2023. That's got to change So if the trends by the way, that's got to change. So if the trends, by the way, if somebody's listening to this, we can all sell others and blame everybody for our problems.
Starting point is 01:19:52 We can blame our bosses, we can blame everybody. Or we can sit there and say, no, this is me, dude, in the last 10 years, you've had 20 jobs. Why is that? We gotta fix something there, right? So as much as some of the people that are going through challenge and times right now You got to go back and look at the decision making being made a year two years three years four years five years ago Our current life is a byproduct of five decisions we made in the last five years
Starting point is 01:20:18 Let me just simplify it for you Your current life today is a byproduct of five decisions you made in the last five to ten years. Who you married, what you bought, job you took, why you quit, how you lost your emotions in a situation that you could have stayed calm, it's really five decisions you made. You take those five decisions out, you're probably in a different financial situation today, okay? And if your life is incredible today, you take those five good decisions you made the last five years, your life could be shitty today. So we have to get better at our decision making process. The better we get at making decisions, life tends to give you better life, better lifestyle,
Starting point is 01:20:54 better friends, better people, better investments, better opportunities, things get better. So maybe if there's one skill set that we need to improve in 2023, is a system for making better decisions. I gotta just give you a shout out for how on point and accurate that is. This is comes down to individual decisions, individual responsibility. It's so on point is what you said. There's five decisions that you made over the last, when you say five years or whatever.
Starting point is 01:21:21 Practice and years. Everyone wants to play the blame game. I'm thinking of a friend. He's like, oh, they don't pay me enough. Oh, they don't appreciate me. And I'm thinking, I know this person. I'm like, I see the decisions you're making, my friend. I see what you're doing on the weekends.
Starting point is 01:21:37 I see you've told me what you did a few years ago. And so I'm able to be your friend and hear you out. But I also know deep down you weren't making the best decisions. So you want to kind of blame the boss or you want to kind of blame the company or you want to blame whoever was in always your room at whatever it was. But the hardest thing to do, bro, is look in the mirror and be like, I really could have done better. I shouldn't have done that. And that's hard to do.
Starting point is 01:22:06 And that's why I such, so agree with what Pat is saying. It's hard to hear. It's hard to hear. By the way, we all have a hard time with that. Anybody says they don't, they're full of shit. Everybody has a hard time with that. But it's funny, you know, there's a few things like last night's meeting, Tom, was an awesome meeting.
Starting point is 01:22:21 I mean, one of the breakthroughs we had last night was freaking sick. It was an emotional breakthrough we had last night, right? Absolutely. We'll go back and forth back and have boom, ting, ting, ting, ting, ting, ting, ting, it hit, right? It's exciting looking at the stuff that we're working on
Starting point is 01:22:33 for 20, you know, this whole week is about business plans. I got meeting after meeting after meeting after meeting this week. I'm going from, you know, this visit, we have a board meeting, we have an FAB meeting, we have a carrier meeting, but we're entertaining all our top multi-billion dollar carriers that are flying in town.
Starting point is 01:22:46 We're gonna be entertaining them, we're gonna be telling them what we're gonna be doing in 2023. We got this December for me is a very, very busy month, minus Christmas. And by the way, speaking of business plans, I'd like to thank our sponsor, which is the business planning workshop that you're doing. Next Friday, which is, is it sold out already?
Starting point is 01:23:05 Kai will thank you for this. You better. Kai will thank you for this. Is it sold out? I don't think it's, I think that the live ones is sold out. Okay, but is it too late to record? No, you can at this point. Because that thing is sick.
Starting point is 01:23:17 Put the link below for that. This is wedding workshop right here. I'd like to thank our sponsor ourselves for sponsoring this. What a great, we did this last year. I wanna say we did it in early January. Massive hit, no, this was a massive hit last year. Yeah, exactly. And we're doing it again this December.
Starting point is 01:23:33 The response, the reviews were amazing. And if you're working on a business, I mean, you wanna kind of give a plug of why they should attend something like this. Listen, for the longest time, I treat a business plan as like homework until I figured out what's the right business plan to write that produces emotions. The average longest time, I treat a business plan as like homework until I figured out what's the right business plan to write that produces emotions.
Starting point is 01:23:47 The average person doesn't look at their business plan after the month of February. They just don't. They just kind of sit there and say, hey, it was like a homework, new your resolution, and they're done with. This one, we're going to give you specific 12 building blocks to write a business plan that increases chances of the things
Starting point is 01:24:00 you write down on your business plan for 80% of them to become a reality. And we're doing this on December 16th, Rob. If you can put the link below for people to get registered, those who want to, we'll give you the link. Okay, next story, I wanna get into, do we wanna do Musk, do we wanna do Kanye,
Starting point is 01:24:15 do we wanna do Economy? Why don't we finish up as Fed rates your time and Economy with Wall Street Journal. I'm gonna go to this one here. So Fed to weigh higher interest rates next year while slowing rises this month. Federal Reserve officials have a signaled plans to raise their benchmark interest rates by half a point at their meeting next week, but elevated wage pressures could lead them to continue lifting to higher levels than investors currently expect. That's a scary thought right there. Yesterday the market responded to that
Starting point is 01:24:42 than investors currently expect. That's a scary thought right there. Yesterday the market responded to that data. I think it dropped by a couple percent yesterday, doubt it. Most officials on September penciled in rising rates in between four and a half to five percent next year that landing zone could rise between 4.75 and five and a quarter in the new projections, Fed Chair Jerome Powell outlined two possible strategies
Starting point is 01:25:02 for proceeding. One would be to quickly raise the Fed funds rate well above 5% level, broadly anticipating financial markets, and then lower it right away. If it turns out they have gone too far, another would be to go slower and fill your way a little bit to what we think is the right level and then to hold on longer at a higher level and not lose some policy tourley. Tom, if I'm reading this correctly, am I understanding that this guy is maybe hinting in January doing three quarters of basis point, maybe up to a point to just put a big shocker to the system and
Starting point is 01:25:37 see how it responds. Yeah, but what we're seeing is an episode of Dexter playing out in the economy. Oh, wow. The economy is tied with duct tape to a chair while Dexter playing out in the economy. Oh, wow. The economy is tied with duct tape to a chair. While Dexter looks in, do I do half a percent with this tool, or do I just take the bone saw and cut off your arm on this side?
Starting point is 01:25:55 And that's really morbid, and I'm not trying to be funny with that. But when I hear the Fed talking like that, well, maybe I do three quarters of a percent in, you know, in the middle of December, or maybe I do a half a percent in January. How many does that mean you get late off in December versus January? I'm trying to figure that out, Marge. You know, it's like, it's like going back and forth. But that's what he's saying. What he's saying is we got some indicators here that said that inflation is still a problem and he's trying to decide whether he does a big increase
Starting point is 01:26:28 yell out at the economy to see if your kid stop and go to the rooms and go to bed. Or if you just raise your voice a little bit, raise it a half a percent. That's what when you think about it, that's what he's actually trying to do. He's trying to see if you can get the economy to slow down a little bit and does he do a big right now or do a little bit in January,
Starting point is 01:26:49 but it doesn't change what we were just talking about that May, June timeframe is going to be the high point. Now the question is, is he going to be all the way to five in a quarter or could we get lucky and be four and a half? Ladies and gentlemen, both numbers are big and it's not going gonna be a soft landing. If you're saving your money, if you're being prudent, the things we're just talking about, plan them for next year, your future will look right. Last great metaphor, Tom Dexter.
Starting point is 01:27:13 I'm a little nervous now being around Tom because next to him, you would be the perfect candidate to nice good family man, Christian man, biz doc, this alter ego, low key, where's Tom going? Got always these business meetings. And the funny thing is if like in his jacket, he opens it up there, there's these stains of blood like on the whole.
Starting point is 01:27:35 That's like just look like a couple of things inside of your jacket, real talk. Open that up, would you? It's right in there. Hey, the biz, the bin, the bin. The bin, the bin. The bin. Doctor, are you?
Starting point is 01:27:48 We're learning a lot about this stuff. I'm about to show you. How about we do one last one on economy? This one's a little bit of an uplifting story, and then we'll go back to it. Rubini warns the mother of all economic crisis looms. It's just looking at the explicit debts, the figures are staggering, global total private and public sector debt, as a share of GDP rose.
Starting point is 01:28:07 This is insane Tom. From 200% in 1999 to 350% in 2021, the ratio is now 420% across advanced economies and 330% in China and the United States, it is 420% which is higher than during the great depression. I have to read this to you one more time. I don't know if you kind of were distracted. Put your phone aside and just listen to this four second. I'm asking you to listen to this four second.
Starting point is 01:28:32 I'm going to read the sentence. Just looking at explicit debts. How much debt we have. The figures are staggering globally, total private sector, and public sector debt as a share of GDP rose from 200% in 1999 to 350% in 2021, the ratio today is 420% across advanced economies. That's 330% in China, but US is at 420, which is higher than during the Great Depression and after World War II. Damn. Of course, that can boost economic activity
Starting point is 01:29:06 if borrowers invest in new capital, machinery homes, public infrastructure, that yields returns higher than the cost of borrowers, but much borrowers go simply to finance consumption spending above one's income on a persistent basis, and that is a recipe of bankruptcy. More of investment in capital can also be risky whether the borrowers are household buying a home at an artificially inflated price, a corporation seeking to expand
Starting point is 01:29:28 too quickly regardless of returns or a government that is spending the money on white elephants, extravagant but useless infrastructure projects, hence the build back better or other items that they're doing. The inflation reduction and whatever it was called, the reductionary act. With governments unwilling to raise taxes or cut spending to reduce their deficits, central bank deficit monetization will once again be seen as the path of least resistance, but you cannot fool all the people all the time. Okay, when you hear this here, this guy saying this, Tom, first thing you're thinking about
Starting point is 01:29:59 is what? What I'm thinking about is, so put it in perspective, 420%. That means we owe ourselves four times our annual pay, if you want to think of it that way, as a nation. And as interest rates go up, we got to pay the interest on that, which is what makes that debt be a bigger and bigger percent of what we have to pay every year and there's less positive programs and like highway infrastructures so that rusty bridges and Wisconsin don't collapse remember that and those people ended up in the river. So basically, you know, if we think
Starting point is 01:30:40 personal debt is bad, that's nothing compared to all of us. Can we just give a shout out to the writer of this article? Tyler Durden from Fight Club is the author of this article. No, this is Zero Hedge and he uses the Tyler. Yes, of course. But this Tyler Durden destructive, Doomsday, or we all know that. But I asked you a question earlier, Tom, about the reasons why we think the housing market would crash.
Starting point is 01:31:11 And the correlation with what happened in 2008, but for years and years and years, we've been hearing about this potential debt crisis. And this obsession with debt, whether it's in personal debt, whether it's business debt, whether it's GDP's, country's borrowing debt, African nations going into debt to China, debt, debt, debt, debt, Iran borrowed, how much money from China?
Starting point is 01:31:34 But the obsession with debt, it's not gonna have a good ending for a lot of people. I mean, I'll tap into my inner Dave Ramsey here, but debt is dumb. And unless you can kinda, you know, what they highlight here, unless you can kind of borrow money and then parlay that into a higher rate of return, yeah, you can obviously grow your wealth and grow your country's GDP, but the downside to it, which is article highlights, it could get very, very ugly.
Starting point is 01:32:01 And middle of what Pat read, it says, but borrowing that goes simply to finance consumption. Oh, you mean like $1.4 trillion? It was just handed to people that went to Vegas and bought things for COVID. Yeah. Yeah. So, exactly. So, all in all, Vinny, in other words, you know, the economy is still got some work to do, till it recovers back to normalcy.
Starting point is 01:32:22 That's not going to happen for a minute. Let's talk about the reaction that they had when an MSNBC crew, if you can pull up this video, so they're sitting there, if you can zoom it in, like yeah, there you go. So they're talking about an announcement that the Santis makes the person of the year shortlist. You need to see the reaction of what they say
Starting point is 01:32:39 when that is announced. Check this out. 22 winds down. We are beginning to reflect on the year that was that includes the highly anticipated revealing of times annual person of the year. Ron D'Santhus makes no sense to me. Explain his personal lives. No, I can't do the dow of status. But his presence on the list is because he won re-election
Starting point is 01:33:01 in a massive landslide. He flipped Miami-Dade and much to the Chegran of a prominent former constituent is on the cusp of really being the front runner for the Republican nomination. So the Wensky is about to, is on the cusp of winning the largest land war in Europe against a country ten times the size. That's the victory that he has at his sights. Eradis and his one Miami-Dade County. So those are kind of like the parallel. That's the in terms of influence. Those are the kind of things we're really talking about. It's a challenge. I mean, Miami-Dade, I don't want to dismiss Miami-Dade.
Starting point is 01:33:33 But it's not really winning World War three. This is my seventh year leading person of the year. And I'll say we do a lot of apples and oranges comparisons. I was going to say that's why I guess. Well, like apples and watermelons. But yeah, I'm sure. Fair enough. By the way, can we back up and show who was on that short list? I was gonna say that's why I guess like apples and watermelons. But yeah, sure. Fair enough. By the way, can we back up and show who was on that short list?
Starting point is 01:33:49 Yeah, I was in the first 20 seconds. I went very quick. No, was was that scrolling right there? You got a ping. Are you paying? Are you kidding? Are you scrolling on that, Robert? I mean, I'm sorry, Malik.
Starting point is 01:34:00 You got the Fed. Is that what that looks like? Or the Supreme Court? You've got Elon Musk, you've got Liz Cheney. You got Zelensky, Mackenzie Scott, Mackenzie Scott was given away all her money. You got protest in Iran. Any Ron protestors Then who are the who are on the right? You can't save the advocates and Janet the Ellen gun safety How can you be plural in a in a person of the year? By the way, does anybody want to give their top one or two of who you would vote for here?
Starting point is 01:34:27 For a person of the year. I mean, they've boiled it down to 10 people, to Santas is on the short list, I think right fully so. Who would be your two? Pick two off that list. You think objective. Here's a different stuff. I think the question is more, who do you think these herbs to be there and who do you
Starting point is 01:34:42 think time's going to pick? Because I'll give you my, who I think time's going to pick because I'll give you my who I think time's going to pick. I think you know, Zelensky is the one time's going to pick because of the way, you know, but so okay go ahead. So based on that, who do you think is going to be the top top? Zelensky is certainly in the front running here. I don't think Liz Cheney has a chance. I don't think, I don't think Janet Yellen has a chance.
Starting point is 01:35:03 I don't think that Mackenzie Scott has a chance. What was the one on the left is that the Iran protesters. I would, I put that up there on a soft spot in my head. Now, in my heart, I think that's something near and dear for what we talk about here. I don't think they're gonna win. Although did you see what the Supreme leaders of Iran are doing these days, maybe we get to that point.
Starting point is 01:35:25 They might be cutting off the hijab situation. But I think the front runners here are clearly Elon Musk and Zelensky and God forbid of geasing penguins. That would be so un-American. And Pat, I forgot to bring this up earlier. It's kind of weird, because the whole, I mean, Elon Musk, amazing free speech,
Starting point is 01:35:41 it's killing it. I always add them, the devil's advocate. I think we talked about it yesterday. I was reading all this, Pat, he's giving all these people all this thing, and then all of a sudden I started hearing about the, the neural link, they're about to start testing it in human beings.
Starting point is 01:35:54 It's almost as if he's being this, it's like almost, it could be if you wanna think, like devil's advocate, or wolf and sheep's clothing, now all of a sudden, and people are gonna go, hey, this is the free speech, he did that. now he wants to soul microchips in our head. I'm in, that's gonna be a great selling point to people that are kind of skeptical, because Pat, it's happening, like, they're gonna test,
Starting point is 01:36:13 I think six human beings, really, really shortly. And I don't, listen, I don't trust anything with microchips and shit in the body. I'm a Christian, I read the Bible, when they talk about the Mark of the Beast, it's getting, he might be such a Pack he might be that guy and then it's gonna make people's decision to put these things in the Orange are you saying Elon's the guy that's gonna be on the top of the list?
Starting point is 01:36:33 That what you're saying is gonna probably be up there 100 so Tom who's your name? I think time magazine is gonna make it Zelensky, but I'll tell you who I honestly believe the person of the year is. Many years ago, I was really stirred when I saw the picture of these people after they voted. Remember, they would get the purple dye on their finger because they had to put the, and they would hold their fingers up in the city square,
Starting point is 01:36:59 defiantly saying, I voted, which was equivalent to saying, hey, come bonk me on the head, right? Because it was a lot of, or just cut my head off. I actually believe that the person a year in terms of the people in that list is Zelensky. I see that, but the protesters are around. They're risking everything. They're risking everything.
Starting point is 01:37:20 And all for freedom and a little bit of a better way and thing. And in terms of raw impact, it's Elon Musk. But the protesters are around what they are putting their necks out there for a massive greater good that they may never see. It may be their next generation. True. By the way, Pat, you have a vote? Yeah, I... So if you look at this, I don't know why G is on the list, okay? But I, I get it, you know, he's a name
Starting point is 01:37:47 that's gotta be on that list every single time. Fine, notice who's not on the list. Biden's not on the list. Kamala's not on the list. Obama's not on, any of those guys are not on the list. Which fine, that makes sense, okay? If you, if you look at it from advancement and controversy and freedom of speech,
Starting point is 01:38:07 Musk has only been at it for six weeks. So, person of the year, I don't know yet. I think it's second or third. What the Santas did, he had a playbook that showed, you know why it's so patriotic for what Ronda Santas did. This is the part we have to respect about what the sky did. It's very hard to have convictions where you lead with those convictions
Starting point is 01:38:33 with the risk of you may be very wrong and it could be catastrophic but you believe in your bones, you're making the right decision with kids, with schooling, with businesses, with COVID, with all of that. And you end up being right? I don't know, because what Zelensky is doing,
Starting point is 01:38:49 90% of the world is support, not 90% most of the world is support. Every channel you turn on, he's a hero, he's a hero, he's a modern, they're with some Churchill. Every channel mainstream media you turn on, Ron DeSantis is a bad guy. So for him to be right with the NBA held the playoffs in his state, where Disney World kept
Starting point is 01:39:06 doing business in his state and this land was shut down, where people were going on vacation for Christmas in his state. Last year, everybody from LA, New York, Chicago, they were going to Florida for vacation. Listen, if you truly want to call it leader of the year, when you leave it person of the year, doesn't necessarily have to be the literate year. But if that person of the year was a literate year, it's nobody but Rhonda Santis on that list. It's not, and by the way,
Starting point is 01:39:32 it's not even close to me. Yeah, and go back to me. It's not even close. It's not having a lucky year. Go back and look at the last three years. By the way, you want to consider this. Food for thought. You want to see Trump have a meltdown of epic proportions.
Starting point is 01:39:45 If you wanna talk about meltdown. What? Go ahead, time magazine. Select Ron DeSantis as the time person of the year. Ron Sanctimonious, whatever Trump calls him these days, these Sanctimonious, Trump would have a literal meltdown. Yeah, why does he deserve? Cause that's, we're heading towards that point, don't you agree?
Starting point is 01:40:04 That DeSantis and Trump are going to clash at the RNC. Yeah, we're gonna see what happens. But isn't time predominantly a left leaning organization? Yeah, time big time. It's owned by Mark Benioff. Okay, then guess what Pat? That what we want. Different story. Zelenski's gonna win because how many billions have they got in the duty, they've set this guy up. Can I ask why Mackenzie Scott is in the top 10 list? She's given away billions of dollars. So she's given away the money that Bezos made and that's on the list.
Starting point is 01:40:33 And she hook up. No, this respect to her. No, no, no, no, no. Hang on a second. Hang on a second, gentlemen. No, you know, I think they'll back because she hooked up with just an average Joe. No. That's a good person.
Starting point is 01:40:44 Pat, I think you need to normalize it as a percent and have a different contest. McKenzie Scott has only given away 33% of the money from our husband. There are women in this country that have given away 300% of the money their husbands have generated. Yeah, very true.
Starting point is 01:41:02 Yeah, that's what it is. So, by the way, as they get their husband, we're gonna find this out in the next couple of weeks. I're true. Yeah, by the way, she's We're going to find this out in the next couple of weeks. I was with a selected. I think so. I'm sure She's here. So final vote who you guys voting just so we can put a button. Who's going to win? Who's going to win? Who's going to win?
Starting point is 01:41:16 Okay, it's not now. Odds are on Zelensky. Oh, Zelensky. Who's going to win? Zelensky. Who I would hope, which I know they're not, are the protesters in Iran
Starting point is 01:41:25 But I think Elon Elon Musk would be second place in Zelensies in a win it. I think But not protesters in Iran they would have to have mass. I mean like they would have to I just can't believe that you see something that really don't. Don't. Don't underplay the vindictiveness of what time magazine will do just as She the president right Trump's response when the same time we'll see okay bad way do we want to do so a couple stores we got left here with the last 10 minutes do we want to do Alex Jones do we want to do Michael Avonati do we want to do Kanye West and Elon Musk what story do we want okay so let's go to that page five okay so Elon Musk's response to Kanye was calling him a half Chinese and generic genetic hybrid,
Starting point is 01:42:07 a West who was banned from Twitter for posting an Aussie symbol last week, branded Musk a genetic hybrid and suggesting that he's a half Chinese on Instagram on Sunday. And a bizarre rambling post, the disgraced star also took him as former president Barack Obama, referring to an outrageous conspiracy theory that he is a colon of an Egyptian pharaoh. I take that as a compliment, Musk replied. West shared a screenshot of Musk's response and claimed his comments had always been intended
Starting point is 01:42:35 to be complimentary. West posted a defensive tweet on Thursday night, then posted a photo of the topless Musk on a yacht writing, let's always remember this is as my final tweet, musk responded to the image of himself saying, that is fine, but replied, this is not to West's swastika tweet. So go ahead Adam, since you had some thoughts on this.
Starting point is 01:42:56 Well, I mean, we often consider Elon Musk to be a troll, I mean, he's very good at it. But the way that he was able to take the high ground here with Kanye, I think he said this wasn't a very flattering picture of me and it kind of motivated me to lose weight. Yeah. Right? Did you see that part?
Starting point is 01:43:15 So it's crazy, because if you, let's actually go to the source here. Google, young Elon Musk, Chinese. Let's look at the picture, right? Let's let the stories speak for itself. So let's find a good, nice picture of a Young Elon Musk and see, no, not fabricated where they make him look like I'm John Oon.
Starting point is 01:43:35 Not a deep fake. Let's go to a Young Elon Musk and see if he actually, in fact, looks Chinese, which, you know, I mean, you could, you could, spoiler alert. No, he's not Chinese, he's a white guy. I actually tried to sell my mom on this. Like, no, he looks Chinese. He's like, what are you talking about? So the comedian John Mulaney gave it and actually a very funny bit about this years ago.
Starting point is 01:43:58 He said that basically when he was young, people said that he kind of looked Chinese. Is he familiar with this bit? To a millennia? A millennia. I might have got it. He basically says when I was young, I had this like silky hair and I had these kind of, by the way, John Malini is a complete white guy. Yeah.
Starting point is 01:44:15 And he says that all the kids in school would make fun of him and call him a China man. Yeah. And he basically says of all the epithets and the racial epithets, that's just the easiest one. China and man, boom. And to the, it got to the racial epithets. That's just the easiest one. China and man, boom. And it got to the point, he has his John Mulaney. He looked, I guess, Asian this picture. But, correct, just like he longed.
Starting point is 01:44:34 But he basically said it got to the point where like, he said nobody is meaner than an eighth grade boy. Because they will tell you the truth and say the meanest things about you. And he got to the point where the bullying was so bad that he during a music appreciation class, every time that they hit the gong, everyone in unison would get up and bow towards him.
Starting point is 01:44:55 But it just kinda goes to the point where it's like, clearly this is not true. Clearly this is absurd. And to a deeper level, Kanye is saying a lot of absurd, crazy, ridiculous things. And there's a good percentage of our country that are like, like, Kanye, talk! He's right!
Starting point is 01:45:15 He's got some points. It's like, at what point can we just recognize that he's got some serious mental issues going on right now? I think we, I think the majority of us do, and it's just crazy. I think we talked about it. We might have. I don't remember if it was you or not, but the fact that obviously he's going through
Starting point is 01:45:30 like a mental situation and I don't think he has anybody. Like we do. If I messed up, if I said something messed up stuff like this, you'd be like, you'll Vinnie just off. Like you need to chill out, pat set something, Tom set something. He's paying all these people, bro. And you say he'll get his attitude as volatile. You say something that he doesn't like.
Starting point is 01:45:48 You're fired, bro. You're done. He doesn't have a yo chill out. He has all yes, man. He doesn't have anybody going yo, relax. You just lost what $2 billion. How much more are you gonna keep going? How much more?
Starting point is 01:46:01 Because they're all losing money, bro. All his people, all his team. It's a wrap. You can't. You know it's bad when Alex Jones is distancing himself from you saying, oh my God, you are too extreme. That's when you know it's over. Alex Jones, multiple times, told Kanye,
Starting point is 01:46:16 well, you're not a Nazi supporter, right? Right, buddy, right? Right. I love it. You know, you know how I take this Elon Musk response. I take the Elon Musk response that he's done He's just moving. I just like this. I'm at stop it like don't look on you. Yeah, it's like it's just too much It's a little too much. Let's just move on and he's he sounds like just a basic customer service representative saying what he's supposed to say to just move on and not Create it's almost like he's trying to help him not react
Starting point is 01:46:45 to anything else. You know, I said something a couple, like not even a couple of weeks ago. I think I said this a week ago where I said, Kanye, I think it's time for you to take month off of social media, say no to all podcasts, including P B D podcast, just don't do any podcasts for a month.
Starting point is 01:47:00 Just take a break away from everybody and go do some thinking. Everybody's got to do it. Pastors do it, business owners do it, military leaders do it, you know, parents have to do it sometimes. Relation, you got to get away and decide how you're going to come back from this
Starting point is 01:47:18 because this is not a good look. When you become too addicted to wanting to get attention, you say stuff and at this point, it's very disturbing what he's going through. I just think he needs to take a break from everybody for about a month and surround yourself with a few people you love, you trust that will not tell anybody
Starting point is 01:47:35 who are willing to privately call you on your bullshit. I don't know if it's gonna happen or not, but I think Elon Musk is like, and the beauty, I don't even have time. And the beauty with the country is Pat, if you killed it, if he stays, the beauty about this country stay away six months a year, come back fresh.
Starting point is 01:47:49 I apologize. I'd be genuine. Y'all know there's America. Everybody comes back. Well, everybody that's just jacked up can come back if they're genuinely sorry, but he's just every week. It's just something every day.
Starting point is 01:48:00 It's like something else, something else. I brought go away for a little while. I think he is digging the whole deeper and deeper and deeper. Every time he speaks. And I fully agree with Pat, but I know you're an odds guy, Pat. What are the odds that he actually heeds your advice and just says, you know what, right? You're right, Pat. Let me take some time off and cool down for a little bit. I'm putting that at zero percent. There's two different things. There is accidental. There's intentional decisions we make.
Starting point is 01:48:26 Accidental is, somebody in your family dies. You choose to change. You know, force change is your growth breaks up with your publicly, it's humiliation. You have to change. You lose everything. You have to change. Intentional is very hard to do.
Starting point is 01:48:42 Force, all of us do it. All of us do it. But intentional is the hardest thing do. Force all of us to it. Okay, all of us do it. But intentional is the hardest thing to ever do and change because you have to choose to do it. And I don't know if he's intentionally going to change, but I guarantee you he's going to be forced to change. And that guarantee of being forced to change will be because something's going to happen to his life. You're going to either see the kid coming up to him saying, daddy, you gotta stop.
Starting point is 01:49:06 This is too much. I'm getting issues in school. You're making life harder. One of the kids has to say, dad, don't, I don't wanna be spending time with you. I wanna take a break with you. It's gonna drive him insane. A parent, a parent who loves their kids,
Starting point is 01:49:18 and I believe that this guy loves his kids. I really believe this guy loves his kids fully. And it's not everybody, but every parent loves their kids. No, they don't. There's a lot of people that are deadbeat fathers who step away if they really love their kids Why would they be away from the kid for nine years? So I really think this guy loves this kids and I think the the change is gonna Be one of his kids. I don't know how old how old is the oldest kid that he has north north west Probably ten years. I'll just say nine or ten. Yeah, I mean that if Tico came up to me saying something at that age
Starting point is 01:49:45 I can have a series conversation with both Dylan and Tico I Really think there's only one person that can get him to do that. It's his oldest kid I don't know if that's gonna happen or not. He's probably gonna say Kim's telling you that your mom told you to say this and that That's what's gonna be like that anyways. Yeah, I can ask you one last question. Yeah, your opinion Pat You know a lot of people are calling them crazy bipolar., bipolar, all right, there's a famous phrasing, yeah, he's crazy like a fox. Yeah.
Starting point is 01:50:09 Just play devil's advocate, because I'm sure you're not a fan of what he's doing. If you could, go into the mindset of Kanye West and justify this type of behavior, justify this type of lunacy as a crazy, as a fox type of methodology. What would his intentions? Let me ask you question.
Starting point is 01:50:31 Let me ask you question. Let me just simplify it for you. It's very easy for us to sit here and trash this guy. You're any of these guys. So what is the most humiliated, you don't need to say it, but I want you to go there. Everybody at this table, what's the most humiliating thing that ever happened in your life? Go there. You don't need to say it. I'm not telling you to say it, but to go there. Everybody at this table. What's the most humiliating thing that ever happened in your life? Go there. You don't need to say it. I'm not telling you to say it, but just go there. We all have it. Did you kind of figure it out? Okay, now imagine if it's on every article, every news, every podcast, every TV channel, tell me how you feel about it.
Starting point is 01:50:58 Okay, so actually think about that right there. That's what the sky's going through. A freaking Pete Davidson, took his wife, his wife went with him. Who is Pete Davidson and the League of Kanye for contributing to society in the world? I mean, Pete Davidson, Kanye's music is down. The artist created, you know, not taking anything away from Pete,
Starting point is 01:51:19 but there's a difference in talent and value to the world, right? When he's, so in his mind, he's sitting there saying, my girl left me for that. He's publicly humiliated and he's trying to recover from that embarrassment, but the approach he's taking is not the approach I would take. So, anyways, I don't, I feel very bad and I don't like it at all.
Starting point is 01:51:41 It makes me feel very uncomfortable and I wish I could talk to the guy, but I don't think he's in a place that he would be willing to talk to anybody and take counsel from anybody. I don't like it at all. It makes me feel very uncomfortable and I wish I could talk to the guy But I don't think he's in a place that he would be willing to talk to anybody and take counsel from anybody I don't think he trusts anybody and by the way for the right reasons So go talk to your 10-year-old kid and see what your 10-year-old kid tells you because that kid loves you It's your blood anyways, so can we do this last story? I want to do a sandbankment free before we wrap it up So this story came my by the way. This is a real story. I tweeted this yesterday
Starting point is 01:52:03 I got one minute on the story. Sam Bankman freed. Okay. This is from Vice. It's trying to find the guy who did this. This is not a joke, by the way. This is not Babylon B. Just so everybody knows. This is real.
Starting point is 01:52:17 I posted this yesterday and I posted the link to the article yesterday. Rob, I'm going to send it to you. Post the link to the article because this is not the real article. Article I just sent you from Vice. This is on Vice. Okay, just go to the link, okay, go right there to Twitter. It's right below that tweet that I send out. Go a little lower, go low below that. You'll see it right there. Click on that. Click on that right there. This is Vice. Sam and I were just trying to find
Starting point is 01:52:44 the guy who did this. Okay. Tom and I were talking about this yesterday. Tom's like, he sounds like OJ Simpson. That's what I was talking about. The killer's still out there. Yeah. I'm gonna spend the rest of my life trying to find out who killed.
Starting point is 01:52:57 He's in the right of the book, Pat. I didn't do it, but if I didn't, I know what's in it. Every golf course he stripped club till I find the guy. Either this guy is naive. He's dumb, he's oblivious. He thinks the world is dumb or he's a psychopath, a sociopath. But he's one of those things.
Starting point is 01:53:13 You decide who this guy is. I don't know how he did it. Yesterday, Michael Seder is talking about this guy. We're on the podcast together with him. Shout out to Michael Seder. Every time you listen to this guy, your brain gets muscular, head gets bigger because all your muscles are working.
Starting point is 01:53:25 But yeah, this guy, this guy was exactly what he did. This guy was exactly what he did. And there's a lot of people that have his back that are trying to protect them because all the leaks of texts and messages and emails and you know what's apps and all that. If that stuff leaks, I guarantee you a lot of political leaders are gonna be very, very embarrassed
Starting point is 01:53:42 by being tied to a guy like this. Yeah. Well, it's $38 million to the DNC and the close-in candidates, the super close-in candidates. It was $38 million that is public and is known about. And so you've got people like Maxine Waters who are out there. They do not want to be accused of taking money from the mob. That's a political problem that's as old as the hills. You take it from a developer, the developer is really dirty, he gets arrested, you run for the hills, because, oh, I didn't take that money from my campaign,
Starting point is 01:54:10 that's a game being played here. Anyways, we gotta find out who did this. We gotta find the person, and shout out to his mom for encouraging him to not take a personal responsibility. 12 years ago, the article blame is overstated. Okay, So tomorrow, we have the weird podcast. It could be like an Antonio Brown top of a podcast and we're going to go
Starting point is 01:54:31 live with the podcast. We were thinking about pre-recording and then going live the next day, but we're actually going to go live with the podcast tomorrow. Once it's posted and you find that who it is and what it's about, something tells you many of you guys are going to be interested in the podcast tomorrow. Stay tuned. Looking forward to having it with us there. I think you got something going on. I got, I got to give a plug for this massive podcast. I'm going to be on later today. I'm going to be on funny. How? Vincent O'Shauna's podcast for you and I will chop it up for people live on that. We're talking about many. It's crazy. Yeah. Uh, Dexter Tom is 100% Dexter. Look, you're opening. I'm talking about you right I'm crazy. Yeah. Dexter Tom is 100% dexter.
Starting point is 01:55:05 Tom, look, you're opening. I'm talking about you right off the rip. The economy is my drunk sister. And by the way, let me read this. Let me give a shout out to Tom very quick. The old saint, I really want to know podcast. Give $100 today. And he said, great show guys.
Starting point is 01:55:21 When will Tom have a show on this platform? If that's not going to happen, Tom, where can I find you? LOL, keep leading from the front gentlemen. Tom will be introducing a podcast so you're very soon about business, and we cannot wait to launch that and introduce that to you guys. So, the L-Saint, be patient, it's coming very soon.
Starting point is 01:55:39 Thank you, DL for the Super Chat. Thank you very much. 23 is gonna be a very, very, very big good year. We're excited about it. Take care, buddy. TPPBD podcast, ladies and gentlemen. Five hundred thousand. We're going to do a live one with everybody at five hundred thousand. Take care, everybody. Bye, bye, bye, bye.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.