PBD Podcast - Home Team | PBD Podcast | Ep. 282

Episode Date: June 28, 2023

In this Episode, PBD is joined by Vinny, Tom, and Adam and they will discuss all of the major topics occurring in the world. Get Your Tickets for The Vault 2023 NOW ⬇️⬇️ The BIGGEST EVENT in ...VT History! TOM BRADY, MIKE TYSON & PATRICK BET-DAVID on one stage!https://thevaultconference.com/ Visit Our Website! https://valuetainment.com/ Subscribe to: @ValuetainmentMoney @ValuetainmentComedy @bizdocpodcast Want to get clear on your next 5 business moves? https://valuetainment.com/academy/ Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Text: PODCAST to 310.340.1132 to get added to the distribution list Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

Transcript
Discussion (0)
Starting point is 00:00:00 I know this life meant for me. Yeah, why would you bet on the liaeth when we got bettated? Now you came in giving values, contagious disorder, entrepreneur, as we can't no value that hate it. I be running home, you look what I've become. I'm the under one. Alright, so folks, if you only knew who just got a new job, we're gonna announce that today for now before him congratulations to this guy. His some column Anthony some column Tony, but you can call him a new hireee at this new company which will announce when he's got the details.
Starting point is 00:00:44 Some people's careers are just recession-perfect. I'm just astonished. Well, listen, when you're to go, you get stuff like that that happened to you. By the way, we had Alex Jones on Saturday, if you missed it, you were hiding somewhere now watching a podcast. He said something on Twitter, a clip of on Twitter about him and what he said about Trump could happen to him, desesination stuff. That's conviral.
Starting point is 00:01:06 We've gone a lot of people hitting us up. Maybe we'll talk about that today on the podcast. A bunch of new things going on with the economy. Craziness with home. Number of sales. We have a stat that shows the least affordable city to own a home. If you only could guess what the city is, the least affordable place to own a home. And which city moved up seven spots?
Starting point is 00:01:28 It's pretty interesting. Would you be surprised with that number? I don't know about that city being number one though, maybe three, maybe four, but to be number one least affordable. I have some thoughts on that. Yeah, what's not actually breaking news. Yeah, we'll cover that as well. And then CNN is for sale, Jeff Zucker, my buy it.
Starting point is 00:01:47 You got Fox News finally announces, reveals their new prime time, roster, legacy media companies, entered dark times as failures, mount and Netflix rises again. There's no court documents, reveals more about Epstein's relationship with JP Morgan Chase.
Starting point is 00:02:04 There's an article that came out saying, do you think you're rich? Here's what Americans say. We got some thoughts. There are times got some things to talk about about what's going on right now, what home price is. A couple of stories about woke.
Starting point is 00:02:15 Here's one for you. Blue State School District, one let students opt out of pride lessons. And if that doesn't irritate you, here's another one for you. Student banned from walking at graduation after boys or boys and girls or girls comments. And this kid said, boys or boys, girls or girls,
Starting point is 00:02:34 she was not able to walk across, this kid was not able to walk across the stage or comment on that. Vivek's got a good article, a couple of things he said on Twitter, which we'll talk about in regards to same topic, box office, analyst estimates Disney loses $800 and $90 million
Starting point is 00:02:51 on their last eight theatrical releases, and a few other stories. We got a video of RFK doing pushups. The guy looks like he's gonna run for Mr. Universe. We got some proud boy stuff that I think Vinny wants to talk about. But more importantly, before we get into all these stories, a couple of things. Forte-Julys around the corner, these hats that many of you vets have been asking about. We worked on these hats so much to make them perfect and give a couple of different options. These future looks bright hats for veterans or those who
Starting point is 00:03:23 love America are here. One is white on the side that says future looks bright hats for veterans or those who love America. Are here, one is white on the side that says future looks bright. The other one's got the white, by a attainment logo with the bottom, future looks bright. The other one is the black, by a attainment logo, future looks bright and the future looks bright on the bottom. And in gear, that's the military gear. We got a bunch of stuff with us,
Starting point is 00:03:42 flags on the side. I can't wait for you to see it. It's gonna be launched with a video. We did at a shooting range if you want to be won the first to get the update once we're launched in this new merch the merch drop Text award merch to 310 340 1132 once again text award merch to 310 340 1132 to be one of the first To get this sent over your way before it sells that we're excited about them by the way For anybody that makes purchases over $250 we'll have your phone number. I may surprise face time you I did this last time every year. We do that man
Starting point is 00:04:18 That's a lot of fun. We do it. Maybe we'll do it together as a crew Any purchase over 250 will pick some of them, surprise you guys with a FaceTime call, and we'll have chat. Again, text award merch to 310-340-1132. These hats will sell out ASAP. Let's get right into it. Okay, so by the way, we talked about this on the podcast with Alex Jones, but I want to get into the podcast
Starting point is 00:04:40 a little bit more with this topic. Here's what happened. Over the weekend, do you know what new station covered? All the mess that's going on with Biden right now? Do you know what news? Do you know what channels covered everything that's going on with Biden right now with a sun? With the questions not being answered?
Starting point is 00:04:57 Guess what new station covered? Everything that's going on with Biden, not holding back the sun, any of that stuff. MSMBC? NBC, CBS and ABC. Forget Fox, forget CNN. But NBC, ABC, CBS. What does that tell you when those guys do that?
Starting point is 00:05:13 What does it tell you? I think that's a great question. I was thinking about this this morning. I think now that they're realizing, and they time to perfectly pat, they're letting the stories of Biden come out, they're letting everything come out. Yeah. So he slowly gets out, gets out of the way and their frontrunner is going to come in. I think it's going to be newsome. That's what they're doing.
Starting point is 00:05:30 They know he has no chance. They can't hide the secret that one much longer. You feel me? I'm with you 100%. I know Adam and I have a different read on this, not in conflict, but we just kind of read in the tea leaves on the DNC differently. But I think the DNC highly impacts those top three mainstream media, and I've said six months ago, I said, man, remember I used the comment that they're taking
Starting point is 00:05:51 the dog off the leash, that the DNC kind of allowed them to say some things about Biden, some unflattering things about Kamala Harris not going to Taco Bell, not getting a run for the border. Remember, you know, I'll get to the border eventually. I do happen to have directions. And what's going on right now, I believe the networks have been released. Because remember, you can look at all those things. Why do you think?
Starting point is 00:06:17 I think they've been released because I think there is a quiet movement in the Democratic Party that this needs to be primaried. That's, I have felt that way for a year because that's the only outcome here, Pat. What is the outcome? It's either Biden goes alone and we're all behind him, salute all the DNC, all the organizations salute, or they're going to softly allow the things to happen to have an open primary. So let me, let me ask this question. How long, how long before, how long before we know Biden's not going to be running as
Starting point is 00:06:50 president? How long is it going to be 30 days, 60 days, 90 days, six months? What do you think it's going to be? I think it's Thanksgiving because I put you about 60 days before first primaries. Remember, first primaries happen right after the beginning of the year. So you don't think it's going to happen for another five months? No, I, yeah, I, I think it has to happen by November. Okay. I'm saying it has to happen by Thanksgiving.
Starting point is 00:07:11 And if backdoor, um, a wrestling holds it off, it has, it'll have to reach ahead. So get to a year before the election. Well, look, if there's one thing I learned from Alex Jones, what's a primary thing? I was talking about a few things that I learned from Alex Jones, but the one thing is he's like, sometimes they're just telling you the story right in front of your face.
Starting point is 00:07:30 You don't need to go down the rabbit hole, which he's done multiple times. But the story, to me, the main story here is not speculative, not predictions, not prognosticating. It's that these main legacy media companies are actually being journalists. That's the main story here. They're not being agonisticating, it's that these main legacy media companies are actually being journalists. That's the main story here. They're not being activists.
Starting point is 00:07:49 They're not telling one side of the story. You're following a photo from the mic, please. Yeah, you're gonna be honest with me. You're not being agonizing. They're not being activists. They're actually being journalists. That is the story, is that they're actually covering what they're supposed to be covering
Starting point is 00:08:02 and kudos to that. Why, though? Now, if we want to, why? Because they're fucking journalists. No, and they're remembering that. So why did they take a whole time? Now, if you want to go down the rabbit hole, conspiracy theorized while they're trying to remove Biden,
Starting point is 00:08:13 which I can understand that. But there hasn't been any indications that that still actually happened. But you're saying if we're gonna go down the Gavin Newsom rabbit hole, which is fine, he was just battling one-on-one where he fucking owned John Hannity on his own show. He's done nothing but support Biden to his face. They were just together a week ago.
Starting point is 00:08:36 So yes, I do believe that Gavin Newsom would be a way more attractive candidate than Biden. Who doesn't think that? Despite all of Gavin Newsom's issues. What did you just say the last one minute? Okay, honestly, like what did you just say? So you just said, so you just said, you said what? You're saying that the journalists are actually doing their job and their coverage. No, they're not.
Starting point is 00:08:58 The journalists don't do their jobs. Okay, when did they rebeconjourn? Absolutely point. No, no, no, we've, but, but no, no, Adam, when somebody hasn't been doing their jobs for the last 10 years, suddenly starts doing their job, it's not because suddenly they got inspired to say, let's become journalists today. No, there has to be a motive why on suddenly they became journalists all aligned simultaneously together. If when the first Durham report came out, what did ABC, ABC, CBS and NBC cover?
Starting point is 00:09:29 Nothing, they didn't talk about it during the report. Why not? They didn't do journalism. Are they gonna start doing that as well? Well, every time a lot of these, but now suddenly you're all bashing Biden, simultaneously, where Karin Jompier, am I saying the name Karakir?
Starting point is 00:09:44 When I'm standing like, what? No, and then Kirby has to come and say, we're no one and they have to walk off. No, what is starting to happen right now? As a Dems are sitting there saying, lowest approval rating, this is not a conspiracy theory.
Starting point is 00:09:55 This is called an opinion podcast where we give our thoughts. We're not a professional journalist that we want to Columbia University and this is what we do. No, we're talking and we're chatting and we're like similar to some American people that are saying, I'm thinking that as well.
Starting point is 00:10:07 I see that as well. The only reason this trend, all of a sudden flipped in my opinion, not a conspiracy, not my conspiracy, in my opinion is low-suprural rating. They're starting to realize, like, by the way, I'll give it to you from the perspective that it makes sense to you. You know some of your friends that are Trump guys,
Starting point is 00:10:28 the ones that I'm not talking about, the guys that are never change. Don't talk, don't think about those guys. You know the guys that supported Trump because they like his policies, but then gradually stuff that's coming out with indictment, the recording, the this, the that, they're like, I don't know, man, I think I have to kind of distance myself
Starting point is 00:10:44 because to me is, I can go to the dentist, I think I have to kind of distance myself because to me is I can go to the Sanctus because it's pretty much the same thing. I'm getting minus all the drama. You know those guys? The Democrat people of those guys are showing up and they're saying, yeah, you know what? I'm not gonna do Biden because I know what he's doing all this other stuff.
Starting point is 00:10:59 All this stuff that's coming out on him right now, dude, I'm getting off of him and I'm going to Newsom. And realistically, dude, I'm getting off of him and I'm going to noose him. And realistically, realistically, I think this thing can go super fast very quickly, because okay, so on Fox News, would you say Brett Barrett is pro Trump? I would say that he's as close to being a real journalist
Starting point is 00:11:21 as it gets on Fox News. But do you think if he has a choice, just a speculation, not that we know, we're playing a game here. Do you think he, what percentage do you think is DeSantis versus Trump? Oh, all right. Well, to answer that, was he more Trump or Biden?
Starting point is 00:11:34 He's more Trump. He's more DeSantis or Trump, he's more DeSantis. Okay, perfect. I agree with that. So all I'm saying right now is there is a audience that actually likes Brett Baer. And it's like, man, I love what you're doing, right?
Starting point is 00:11:46 Yeah, I know. But, but no, no, but there's also an audience that likes what Jake Tapper's do from the conservative side to say, at least Jake was, so Democrats like Brett Baer, some Republicans like Jake Tapper's, some of his work, right? Moderates who do their job. So there's Republican, I think Democrats and Republicans aren't the same exact situation today. I think they're in the identical situation today. Here's what it is.
Starting point is 00:12:11 Dems and media want new some, but the 100% defend Biden, as long as it's against Trump. Republicans in media journalists, not all of them, I'm not putting Tucker and some of these guys in the camp. Most Republican journalists, if it's Trump against Biden, they're going to Trump, but if it's Trump against the Santas, they want the Santas. It's a very weird thing that just happened this weekend when these guys flipped on Biden. That quickly, ABC, CBS, and we see you're not supposed to do that. So maybe when that typically happens, I guarantee you these guys that are higher rubs,
Starting point is 00:12:54 these guys that are higher rubs, they have conversations with each other because they all went to the same schools, not in a dark way, in a way that's naturally gonna be happening. But I know what the conversations are like, like, you know, I just talked to her, yeah, I know she told me, she wants to know something.
Starting point is 00:13:07 Yeah, did you hear Rudd? Yeah, I know, the people at CBS, they want news, they already had the conversation. So I was gonna happen, I don't know, man, I'm hearing different things. You know, I'm hearing Biden's gonna come out and talk about the fact that his health is not good and they've spent time with his grandkids.
Starting point is 00:13:20 You know, you think it's gonna be ugly? Like they're gonna oust him? No, I think there's been meetings to say, look, we can do this the nice way or the ugly way. Do you want to protect your legacy? Why don't we do it the nice way? You step away. We'll make a movie about you. We'll make a documentary on every single channel, CBS, ABC, this for the unifier president that will leave that as your legacy. We'll get a big book deal for you for Simon and Schuster, but only if you do it the nice way. Do I think those steps of conversation happen? 5, 10%, I think it could happen.
Starting point is 00:13:49 So all I'm saying is they're telling this guy, brother, it's been good, go kick it, it's time to move on. That's all I'm saying. I'll just give one quick response. I'm on that page. You're right. So I'm not gonna disagree with you.
Starting point is 00:14:01 The only difference is you said that they're kinda, what's happening, the fracturing and the democratic side is already happening in the Republican side. What I'm also saying is I'm looking at the facts in front of my face and I'm taking the words from the candidates mouth and Gavin Dussam has said nothing and done nothing to indicate that. Now, where do I agree with you?
Starting point is 00:14:23 Yes, of course. No Democrats are excited about Biden, zero. It's not a thing. They just didn't want Trump. That's the whole reason that he was elected. The difference is on the Republican side, how many candidates have already announced their candidacy? You got the Santas, you got Chris Christie,
Starting point is 00:14:38 you've got Nikki Haley, you've got Tim Scott, you got Vivek. So meaning like I'm just looking at the information in front of my face and there's infighting within the GOP straight up. On the surface, they're coalescing around Biden. Now I think that's a horrible move. From a strategy standpoint, I don't think
Starting point is 00:15:00 that that guy's a winning candidate again, but there's nothing that I've seen physically come out of Gavin Newsom's face to say that he's running against. I actually think, and by the way, the whole thing about, you know, what Alex Jones said, sometimes you just have to look at it's right in front of your face. I don't think he meant what you think he meant. I think what Alex Jones is saying that sometimes they will do it boldly in front of your face thinking you won't catch it. I think that's what he means by it.
Starting point is 00:15:30 I don't think it's just take the facts for what they're saying. No, I don't trust what Nusum's going to be saying. To be honest with you, the best way for Nusum to campaign for 2024 is by going around talking about how amazing Biden is. You know why? The reason why you campaign that way is because you're automatically getting to say, what a freaking guy, man. Did you notice what he was doing up until Biden decided to step out?
Starting point is 00:15:56 The guy had his back. What a loyal guy. I value loyalty. Unlike the Santis because he's playing the game of loyalty. Yeah. He knows the Dems are gonna say, look, unlike the Santis, whether you like Trump or not, he wasn't loyal to Trump,
Starting point is 00:16:09 look how loyal Newsom is being too Biden. These guys are brilliant on what they're doing. He's being a flag. The move that Newsom is making is so freaking brilliant to show himself as a loyalty to the party and Trump is pinning the Santis as the one that's not loyal to the party Because the sent because new some in my opinion my opinion knew some things The sentence is going to be the candidate because he thinks Trump's gonna drop out. It's a gamble
Starting point is 00:16:38 It's a very big gamble because the chance of this happen is less than 5% that Trump's gonna drop out From the race because they're eventually gonna get him on some of these recordings. That's too late. And by the way, I also think a part of the Sanctus is camp, the strategy, they're playing behind closers, they're like, guys, just a matter of time before you disguise upon it. Just a matter of time before they get him. Just a matter of time if you don't need to be number one right now, you don't need to be
Starting point is 00:16:59 number one right now. The moment he's out, you will bump to 75% because there's no Trump. Yeah, I think that's problematic. You know what they call that in sports? I don't disagree. You know what they call that in sports with the playing pre-Vet defense. Yes, of course. Homeboy, Ron DeSantis, our friend here in Florida, needs to go on the offensive.
Starting point is 00:17:15 Because what happens when you're playing pre-Vet defense and you expect the other team not to put up points and score on you, what happens? Boom, backdoor touchdown, Trump's the candidate. So if you want to just kind of play it safe and not go against Trump and not really put pedal to the metal and go on podcast and really put your name out there, Trump's going to gallop out to the White House. The Sanctus was 200 yards away from my house yesterday. When last night? Last night. Did he text you? No. And it's not. No, him and I are not. Did he DM you? No, no, I are not. Did he DM you?
Starting point is 00:17:45 No, it's not. Nobody. I'm not saying that message to you. It's unfortunate. What I'm saying to you is he's in town. He is out here doing what he's doing at a guy's house was an absolute stud of a guy, one mentioned who it is, but he was our last night.
Starting point is 00:17:58 So, but for me, all I'm saying is with all of this stuff that's going on, politics is strategy, man. And there's a part of this that is such a dark, you have to have an itch for this game. Like you have to be a little bit mentally off to wanna be part of this game because it's so freaking weird, dirty, strange, dark, but also at the same time, you know,
Starting point is 00:18:25 but Plato, I think, said it. He says, Dose who believe it's foolish. What happened? Now I'm having him pull up. Plato once said, Dose who believe it's foolish, Dose who believe it's foolish to study politics
Starting point is 00:18:37 will be governed by fools who do. Wow. So long-point. I think we're out of point right now where we can't be foolish. We have to kind of see what's on the other side. And it's a, what's his name from a movie? He was like, it's Chess, it ain't Chuckers training day.
Starting point is 00:18:47 But Pat, and you said why? Why ABC? Why am I saying why all the mainstream right now are reporting, like they're finally doing the report that you're talking about? They have no choice, Pat, because if this was last year, Twitter was on, we have to give a kudos to Elon Musk. If this was happening last year, bro, the FBI was working with an app Twitter
Starting point is 00:19:10 suppressing every single story that you're hearing. So shout out to Elon Musk because now they have no other choice. You have to report it because we are listening to it in real time, no sensor, raw as hell right in our face. And I think we own Elon Musk, the fact that now they have to, because FBI is not chilling at Twitter, which they were saying, nope, put that down.
Starting point is 00:19:30 Nope, not this story, not the 100 laptop story. They have no choice, bro. And it's all about that. Accountability is weird. And I'm interested in what you think here. Zero to 100%. Private, private poll, among senators, congressmen, democratic leadership democratic leadership private poll nobody knows what is
Starting point is 00:19:50 Biden's he has a vote right now. What is he yet? Private poll these folks. So what are the options? Biden or you know do they support Biden as the candidate? Private poll no one gets to know what's the reality that comes out there? Senators 50 senators you're saying? Who's that? All of them. Forget about party line vote. I think, look, I think they're all saying, so 70% would like to see it shift. Yeah, I don't think, you know, in my opinion, I would say 100%, I'd like to see it shift.
Starting point is 00:20:30 Sure. I don't think he's an attractive candidate. I don't think he's a strong leader. I don't think he's the man. Unfortunately, that's what we're left with. So let me go one more step. Odds, 1 to 100, that you think there's real stuff here on the international bribes.
Starting point is 00:20:45 On the international, with Hunter? On the international with hunter hunter boy. Big guy. Big guy. Time on reporting. Say, guy, I think they got a look. There's a smoke. What there's fire? It's 100.
Starting point is 00:20:54 It's 100%. Okay, 50. No, I would say 100%. There's no note. I never, you know, never ever hear me say 100%. I will. That's what I'm trying to get you. You're never going to hear me say 100% because let me get try to get you here never gonna hear me say 100% because
Starting point is 00:21:06 let me get you to know why don't you just answer the question it's a basic I've already got through the series of questions where I can just go so okay so 70% you would say I really don't want them to run and or their smoke there's fire what is that 55 I said 55 yeah 55 so more
Starting point is 00:21:22 than 50% okay so fact January 15th is Iowa caucus. Facts, 60 days ahead of that, the DNC releases money to bona fide primary candidates. So that is your deadline of deadlines. I mean, they don't want to be doing it there. They want to be doing it September 15th to give people before the holidays time to do their campaign.
Starting point is 00:21:43 Okay, so we're really talking 90 days. So now I'll play conspiracy. Joe, listen, you get to do the health thing. You got to give us an out here and you need to step out of this because we're going to green light. We're not going to green light, but Republicans are going to push these hearings. And if there's really stuff here, you know, it's going to be hard to support you in that. And I believe that's a lever point.
Starting point is 00:22:07 I believe there's enough going on here that there's enough lever points in the year investigation. Do you see what I'm thinking, Pat? That they can say, you know, you really need to do this. And I think Newsom that is, I think it's greater than 50% probability that Newsom has already been said, hey, start campaigning. But be sure you do it from a platform of support that you are a grand
Starting point is 00:22:30 statesman for the Democratic Party and you're supporting the president. So what you're doing, you're going on this grand support as a governor of the seventh largest economy in the world. And I believe in my heart when I go conspiracy path, that's what I think. They've already, newsem is their candidate. They're waiting for a way to shift this. They only have really 90 days to do it
Starting point is 00:22:52 to put, to give people the normal campaign window from September to January. And I think it's done and we're just waiting for the lever. And I think that when it's too late, meaning, so I won't show it. September 15th, I think it comes too late because if you were a candidate Pat you're like, Hey man, September 15th supposed to give me 90 days of DNC national money. So then saying thanksgiving is not right. No, I'm saying that is
Starting point is 00:23:20 the deadline of deadlines. I'm like, that is the wall. That is the red line. I think that's too late. I agree. I agree. I think that's too late, though, Tom. I agree. I think if they got to do it, I think if they got to do it, they got to do it right now because the Santis, unlike, I'm sorry, new sum, unlike the Santis, we'll go out there and we'll sit down with people. He'll go, I believe he will go on podcasts.
Starting point is 00:23:44 I believe he'll go on enemy territory. I believe he'll go anywhere. I believe he'll go, I believe he will go on podcasts. I believe he'll go on enemy territory. I believe he'll go anywhere. I believe he'll go anywhere. I believe Nusom will go anywhere and be able to hang. And not because his arguments are better argument, because he knows how to handle the argument in a way that's gonna still give him the favorability of seeing like he knows what he's doing.
Starting point is 00:24:02 I think Nusom needs more time, but I think if they do it in the next 30, 60 days, it's plenty of time for Nusom to be a real competitor. By the way, Vinnie, we had a conversation six months ago. What did I predict? We both said it and the bet, I think, I wanna check, yo, can you check if the odds have changed? It was 1400 plus 1400.
Starting point is 00:24:19 Exactly. For Gavin Nusom, we called it and you actually were the first one, Pat. It's when he was on the lawn, when Biden was on vacation or falling down some spare. And what was the prediction? It was, it was, Gavin Newsom had the best time. Well, it's gonna be the odds. Has he moved? Yeah. Gavin Newsom's at 2500. Yeah. By the way, can we check? Wait, is that still Vegas odds?
Starting point is 00:24:37 Is this Vegas odds? I like checking Vegas odds. Let's take a bet. Is that really Vegas odds right now? I don't know about this website. That's what a Vegas insider. If that's happened. We're doing the bet today. No good The same one that Adam always points to Yeah, do the Vegas one but that we've been there but Pat you were the first one and the mean Adam jumped on it when you said Yeah, he was walking on the White House lawn with his shirt off there it is this one right here presidential walk look at Gavin Newsom's now 33 to one before it was do it Adam I'm waiting
Starting point is 00:25:04 $10,000 a $10,000 bet will pay you $330,000. Let's do it. A hundred thousand will pay you $3.3. By the way, it was triple that six months ago. It was 60, wasn't it 60? Well, look at RFK, 16. Yeah, by the way, can we check our friend Joe Biden's approval ratings deal 538 up real quick?
Starting point is 00:25:23 We're really going down this political path. I love it. Check, if you go to the top, there's usually, yeah, how popular is Joe Biden? Check that. So the beginning of his candidacy, or his presidency, he was close to 60%. Is that what that says on the left?
Starting point is 00:25:38 55% and then I believe in August, yeah, disapproval, 53% was that say, Rob? Yeah, 53% and then it was 36% I want to say during like September of 21, if you, where does it, where does it criss cross? August 30th of 2021. Okay, gotcha, August 30th, September 1st. I was in far off.
Starting point is 00:25:58 Now, where is it now? If you go all the way to the end. So the disapproval is 53% as net as approval is 41%. So what's the net disapproval? My disapproval? Disapproval plus 11 plus 11. Now go to Trump.
Starting point is 00:26:14 By the way, 53 is very significant and here's why. You have core Republicans only about 39% 40%. Core Republicans, they all disapprove. Then you have 9% of the independence in the Greens. They all disapprove then you have nine percent of the independent greens they all disapprove that's only forty nine percent which means it he's got four percent erosion that is assuming one hundred percent of republicans one hundred percent of independence you so he already has four to five percent erosion among among the crats to put
Starting point is 00:26:39 it bluntly would you agree that his numbers are trash oh absolutely but i'm pointing out that he's lost at least five points of his core base. Go to Trump's number. Forget about Kamala. Nobody cares about her. Go to, her same numbers is Biden. Go to Trump. I like to see what he's doing.
Starting point is 00:26:54 She's the worst ranked vice president, right, Pat? Go to Trump. He's in the worst ever. Ever. All right. What does that say? It's a 14, where's the eyes at 14? Go to the spread.
Starting point is 00:27:06 Go to go to it now. We don't need to revisit six. 14.3. Okay, so unfavorable 54% and favorable 40%. His numbers are right at next to Biden's. So if you're Biden, it's a race to the bottom. It's like, yeah, I suck. Well, this guy sucks as much as me.
Starting point is 00:27:22 Let's see how he holds up. Now, that's if you trust polls. That's if how way to hold up. Now that's if you trust polls That's if you trust what's going on. That's if you trust Quinnipiac and Pew and ABC But those are the numbers that that Trump's Bavariability rating this goes back to my point my point is Republicans and Democrats are in the same exact Situation right now, especially the ones and in this world who think they know everything, they're in the same place.
Starting point is 00:27:49 Republicans are like, can we do something with Ron? Democrats are like, can we do something with Newsom? But here's a part about politics that you got a lot of, this is why you love this game. If you love it, I have a lot of competition. So to me, anything about competition that's unpredictable, I freaking love it. Third quarter, two minutes left, you're up 28-3. What are the chances? You're already picking your super bowl speech.
Starting point is 00:28:14 You know, hey, you know, well, listen, you know, I want to give a shout out to my mom. She was there for me. And a girl and a woman, everything was going on my wife. You know, I guess my dish, oh shit, we lost two, Tom Brady, you know, we're at Lanninfalkins. How did I help that this happen?
Starting point is 00:28:28 You know, well, no, he came back and pulled it off again and beat your ass because it's called competition, right? All that stuff we can say, we can look at all the polls, all the stories, we can speculate, we can say whatever we want. There are a few people that I will say that I love what they're doing. I'm gonna keep talking about these guys. I love what Vivek is doing. Vivek is talking policies. I love what RFK is doing. RFK is talking policies.
Starting point is 00:28:52 Can you show a RFK real quick with him doing a push-ups? If you if you got that video there would him do and look at this guy. 69 years old by the way. Is he juicing Pat? Maybe he's on TRT, but that body doesn't look like a juice body. Juice body, first glance. That guy looks like an incredible whole town. You'll see when somebody's on juice. That's not what the producer's body will look like. You know, it's a big factor for that Pat? He's not taking any vaccines.
Starting point is 00:29:17 That's what I'm saying. Here's a party I'll have to realize. People think like if you juice, listen, you juice, you still have to go to the gym for five times a week. Look at this guy. Yeah, that doesn't look like a juicer's body though. A juicer's body, you know, maybe TRT, maybe some of that stuff, but I don't know about all the other stuff.
Starting point is 00:29:34 He's looking good and he's got policies and he's, you know, challenging people. Take a look at this. At first people thought this was a spoof. They didn't always him. Where is this? How much is this? How much is this?
Starting point is 00:29:43 45 for the bar. Not a lot of weight. He's in climbing, he's in climbing 105 right there, for 115 right there. They didn't always him. Where is that? How much is this? How much is this? 45 for the bar. Not a lot of weight. He's inclining 105 right there. For 115 right there. That's not a lot of weight. 115 is not a lot. That looks like a 25 and a 10.
Starting point is 00:29:53 Unless if it's a 35 and a 10. Definitely not a 45. The 45 is right next to it. Looks more like a 25 and a 10. Tell you what. He is the most jacked presidential candidate we've ever had. 169 years old. Oh, guys.
Starting point is 00:30:04 69 years old. By the doing, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but, but example of who to follow in hell. Yeah, look at that guy. Somebody who take who eats junk food all the time and doesn't work out. He probably has a booster on him. He definitely knows more about how to save the cherry color. 90 grams of sugar per kilo. He's a slow. But here's the question, P B D.
Starting point is 00:30:36 How old is this guy? 63 or 64. Okay, the average American, let's go with me now. The average American who's in their 60s, do they look more like Peter Hotez? Of course. Or do they look more like RFK? But what's your point, though?
Starting point is 00:30:49 That RFK is an anomaly. He's taking care of himself. Oh, no, I don't. He's actually in great shape. He doesn't need all the other nonsense that people who look like Hotez who should return into hero, RFK or Peter Hotez. Who should you model after if you're in your 60s?
Starting point is 00:31:05 It's not even a question. It's not even a question. So the point is you ought to go work out like RFK is, not eat junk food in your 60s, like Peter Holtes' but to each his own. I don't know, many 60s something in your olds that look like RFK, I know a ton of 60s that look sloppy like Holtes.
Starting point is 00:31:20 Actually believe it or not, what I will tell you about people who take care of themselves. There's a lot of people that look at hotels and say that's an irresponsible way of living, man. You ain't gonna be doing anything good with yourself living along, come living like that. This whole concept goes back to the same thing
Starting point is 00:31:40 I've been talking about last few years. America's biggest problem the last eight years, seven years, has been who they make a hero of. The hero making machine is the biggest problem in America. With your kids, a bad parent doesn't know who they turn into a hero. A great parent know who they turn into a hero. A great parent will say, look what she did, did you see what she did? That's exactly what great leaders did.
Starting point is 00:32:03 Did you see what he did? Did you see what she did? They're painting a picture of what he rose today. A hero is somebody who's a male who lost To all other male opponents but chooses to identify as a female becomes a swimmer beats all the women and we say what a hero What a hero what a hero. What a hero. What a brave. Other way, beach women right there. Beach women, 45 days. Oh, yeah. Well, yeah. What a brave girl right there. No, you got a hero making
Starting point is 00:32:30 machine problem. P.B.D. to add some validity. That definitely looks for you. What a hero. To add some. And then a hero comes up. Well, we're all familiar with this one. But to add some validity to what you're saying, have you seen
Starting point is 00:32:40 to see what Elon Musk tweeted about all the generals of health across the world and how they look? Oh, they had so ugly. They had health administrators, whatever, it was hilarious. The director of health for all these different countries. They all look sick. It's the sloppiest group of sad people I've ever seen. Yeah.
Starting point is 00:32:57 The reason of people running your health programs. Yeah. Can you find that image right? It was so bad. Oh, Rachel Levine, all the health officials involved the country's sad around the world of the skit. It's an older tweet, right? No, no, this was less than a week ago. Oh, well, he tweets 50 times. That's what I'm saying. As it is going to take a month to scroll down. You know what is a, you
Starting point is 00:33:18 know what is a, a, by the way, if you can't find it, shook. I know exactly what tweet is talking about. It's how many days back are you right now, by the way? What date are you on? You're on. It's Kim Jong-un in the college. It's 14. Oh, okay, June 14. Keep going.
Starting point is 00:33:31 Little to see if you find it. It might have been that parody account. Is that, by the way, that Elon Musk parody account? Is that a tab? It's so funny. Don't worry about it. It's probably a parody account. So, Rob, go to the video of the view on what they said about what's going on with Biden
Starting point is 00:33:45 and Hunter Biden and the way they sold it, which is very, very interesting. I want you to see this folks and tell me, tell me if this makes sense. Go ahead. The Hunter Biden story, the scandal, the this, that it's also the story of a father's love. And Joe Biden has never and will never give up on his son, son,
Starting point is 00:34:06 hunter, and will never treat him less or less. And so he is a father first. Take it or leave it. Okay. Well, the audience applaud his pat, you know, that right after this, like they go crazy for that state. They didn't to view see that about George Herbert Walker Bush and W that it was a story of a father's, oh, wait, they didn't listen. No, no, Tom and I'm sorry, Pat, because he's taken away from the message. He's a father, you're a father, you're missing the point. It's about fatherly love. The hell
Starting point is 00:34:33 with the crack and the prostitutes and the big guy in the bribes, Tom, it's father love. And I'm actually embarrassed that you know, he's not actually feeling like how we're feeling that. It's about love, Tom. Yeah, you father love You know, you know, you know when you see something like this. Here's what you say you say okay fine but like Are you really thinking everybody's dumb? They really do it's so so Trump is no longer a father. He's not a father So Trump is not a man and Trump's kids defending him is not the love of a son for a father.
Starting point is 00:35:07 Yeah. It's not, but it's because it's nearby. She's a little father and a son relationship. By the way, she's not wrong. There is an element of it that is a father and son. But at this point in the game, the father's probably sitting there saying, dude, like, can you stop doing so much mess constantly? The favoritism you see here and the hypocrisy is exposed and it's shown and it's very easy.
Starting point is 00:35:30 It's not subtle. It's in your face. This is when Alex Jones says, in your face, this is in your face. Nothing about this is like so. Well, this is the same. And, Belle, do you think that that's her opinion? Do you think that's what the producer is? I was just going to say, that's what the producer is.
Starting point is 00:35:43 I think that's her opinion. I think that's her opinion. Well, let's just break this down. Let's what the producer is. She gets her opinion. Yeah, I think that's her opinion. Well, let's just break this. I think this was a little bit of producers because the producers, Anna Navarro, she's from Miami, she actually used to live in my building, H. Trump. Of course you'd think.
Starting point is 00:35:53 H. Trump. You'd think. Okay, so there's nothing she's gonna do to defend Trump. By the way, she's a Republican. When she's one of those Republicans, that she's not a liberal. She's one of those Republicans that crossed over in 2016 and she just couldn't do the Trump thing.
Starting point is 00:36:04 And she's been knocking him ever since. But the reality is this, Anna, what a sad cop that you're trying to do right here. Yes, he is a father, but once your father's the president of the United States, it goes beyond father to love. This is a matter of national security. So the one thing that I will give Trump for sure credit on
Starting point is 00:36:24 is his kids turned out way better than Biden's kids I mean he did lose bow, you know sad situation former veteran died of I think brain cancer very sad But you don't see Donald Trump doing your smoking crack on the side of a highway some prostitutes I mean Kim McGillfoil. I don't know what she is, but I'm not gonna call her prostitute But she's probably yipped up on something, but you remember when Hillary was debating Trump and they're like, say one nice thing about the other candidate, do you remember what Hillary said?
Starting point is 00:36:55 What Hillary said? She said, I actually wanna give him credit for being a good father and raising your kids well. So you gotta give Trump credit on that. Now listen, I don't know how this happens. I know that opiums and drug addiction is a sad situation in this country. And I completely empathize with those problems.
Starting point is 00:37:11 But if you're the president of the United States, how does it even come down to the fact you let your son become a fucking crackhead? Oh, what has that even happened? You took him into meetings with foreign dignitaries. Dude, he was his bagman, but if you think about it, not only see the dumbest crackhead, think about all the crack kicks you've ever seen.
Starting point is 00:37:28 They're in the street, they die. He is the luckiest crackhead in the history of crackheads. Think about it, making money, and time, he's untouchable. He could do, like literally he could kill somebody live on camera, and nothing would happen to him. Yes, he could, I don't know. They'd say something like like he was on drugs. He did a money laundering scheme in plain sight by putting him up there as an artist who
Starting point is 00:37:55 was suddenly getting half a million dollars for kindergarten, grade paintings. Yeah, he sold him his NFTs. He's an artist. No, he's an art... He's an art... He's a scam club, like the rest of America. No, no, it's like, Adam, you're asking, hey man, everybody's watching.
Starting point is 00:38:11 What am I supposed to do here? Hang on, Adam, we got something. Okay, Adam, this what we're gonna do. You're gonna buy a painting. I'm gonna what? You're gonna buy a painting. It's completely legal. Just go to gallery by the painting.
Starting point is 00:38:22 Are you kidding me? Nope, by the painting. And it's a very public money laundering scene. You know, what is one thing about leadership like one, I would talk to my guys and let you say I'm running the company and the guys are being super tough on the company. How are you guys doing? And let's just say, during that season,
Starting point is 00:38:42 I'm going through something, whatever could be, kids, family, life, season, I'm going through something, whatever could be kids, family, life, health, whatever. I don't respect people who use that as a way to gain sympathy. Well, you don't know what I'm going through. Well, you don't know what I'm going through. Well, you don't know what I'm going through. Listen, totally get it. What you're going through. I understand. But guess what? Nobody asks you to be the CEO of a company. And nobody asks you to be the president of the country. Nobody asks you to do that. But if you become a position like that, you know what you're telling the world and what you're telling the world is,
Starting point is 00:39:17 I can't be held at the same standards as you because I'm getting more attention and love and accolades and respect and legacy than you. So people can't sit there and say poor Trump, poor Biden, poor this. No. In history, trust me. They're going to forget about 99% of people that say poor Trump, poor Biden. History's not going to forget about Trump or Biden. History's gonna write about these two guys, and they're gonna forget about 99.9999% of all the other people in America or the world, right? What does that mean? And it's gonna bitch about the position you took. You chose to be that position.
Starting point is 00:39:53 That position comes with a lot of burden. You know, the whole picture about presidents eight years later, what they look like, how they age quickly. You go to the Smithsonian, it shows the Lincoln, when you go from the, you're like, oh my God, this guy says, he says, being a president is the greatest burden I ever took, the greatest burden. It comes with it, and it is what,
Starting point is 00:40:11 and nobody told you to have a kid. Having a kid is a lot of burden, nobody told you to start a business, it's starting a business, nobody told you to be a president, it comes with it. So yes, as much as we can sympathize, it is not a job for anybody.
Starting point is 00:40:21 Well, we also, what happened to Obama, I mean, he went from being a young vibrant guy to gray hair. And Biden in three years went from an old crotchety guy who kind of had it together to an absolute mess. He is in bad shape. There's a bag of potatoes out there. Let's go to a couple stories here. Let's go to a couple stories here.
Starting point is 00:40:37 Let's go to a couple stories. Okay, so do you think you're rich? Here's what Americans say about you being rich. According to the 2023 modern wealth survey by Charles Schwab Americans believe it takes 2.2 million dollars to be considered wealthy, but those who feel wealthy today have an average net worth of $560,000. It's pretty interesting. That's a small amount. The survey reveals that 62% of Americans prioritize healthy relationship as a key indicator of wealth while 70% believe wealth is more about not having
Starting point is 00:41:12 to stress over money. Social media impacts wealth perceptions about, with 47% of Americans, saying being able to afford a lifestyle comparable to their friends makes them feel wealthy. Additionally, 37% compared their lifestyle to what family and friends share on social media. And 34% make purchase decisions
Starting point is 00:41:33 based on what they see on social media. Interesting, Adam Thoughts. Well, you know how big he used to say, mo money, mo problems. He had that one wrong. Let me tell you something. Kanye, I think, said way better. He said, having money isn't everything,
Starting point is 00:41:51 but not having it is. Let me tell you something. When you have money in your life, all the little things, all the little problems, all the little annoyances, oh, flat tire, oh, traffic ticket, oh, monthly rent, do whatever, none of those issues matter any point. And then what happens is if you don't do what
Starting point is 00:42:10 these other people are doing and basically just keep up with the Joneses and just follow what people are buying on social media or what people are doing, what family and friends that you're basically trying to keep up with, you can actually help the ones around you. And I think that's what I liked about this relationship is they're prioritizing healthy relationships in their life to basically help the people around you.
Starting point is 00:42:32 And I think that's something that you, even you abide by. I see what you do with family, friends, vacations, parties. I think that's what the essence of life is when you have money is empowering the people around you Like I just took my mom to Israel cost me a good amount of money to go out and travel, but like that was great a great investment in my time I
Starting point is 00:42:54 Constantly help out friends that are in need remember my buddy that we went to dinner with that one time With the basketball player that the yard house. His kids become a great basketball player. He's like, listen, I'm running low on funds. I got one to take him to travel this summer in basketball camp. Can I get a loan? I'm like, I got you, but this is for your kid. So that's what I've found.
Starting point is 00:43:13 Since I have money now, and I think that I have financial freedom, the best return on investment is A investing in myself, B helping the people around me. And then lastly, buying things that I think are nice and they're fun. But the last point that I'll say is this, you know, they say the comparison is the thief of joy.
Starting point is 00:43:33 Don't compare yourself to what other people have. What you should do is compare yourself to where you were two years ago, five years ago, 10 years ago, and that should be the barometer for your wealth. It really also comes down to age. So for instance, if you're 40, don't compare yourself to a 60-year-old. If you're 20, don't compare yourself to a 40-year-old.
Starting point is 00:43:54 So like, look at PBD, let's use in them as an example. Judge yourself on where you were five years ago, 10 years ago, clearly you've done well, but don't compare yourself to, let's say, Grant Cardone. He's 65 years old. I didn't realize how old that guy was. I googled it the other day. Homie's 65.
Starting point is 00:44:13 Now allegedly he's worth a half a billion dollars or billion dollars. I'm saying I shouldn't compare myself to Grant Cardone. That would you just say? I'm saying that by the time you're 65, when have you ever heard me talk about Grant Cardone? Zero, ever, not. I'm gonna get on.
Starting point is 00:44:25 We are the terrorists in this case. The reason that I'm doing it. The reason that I'm doing it is because he's 20 years older than you. But that's a very terrible analogy because I've never compared myself to Grand Cardinal. I'm not, I'm not saying you are. I understand the point you're making.
Starting point is 00:44:38 I understand what you're saying here right now, but that was kind of weird for you to say, uh, uh, some of us. I'm just saying, I'm just saying, he's way older than you. So you should compare yourself to Warren Buffett. And I think he's killing it in ways that for him to be in the physical shape that he is and doing what he's doing.
Starting point is 00:44:53 You're making a point about don't compare yourself to other people in different places. I do believe in having positive peer pressure around you to make you step up and challenge yourself as much as possible. I think you need to be around an environment. Here's what happens with positive peer pressure around you to make you step up and challenge yourself as much as possible. I think you need to be around an environment. Here's what happens with positive peer pressure. And a positive peer pressure, one of two things happens. Unfortunately, I've seen this in the last 20-something years. One, either you cave and you quit and you go to a more safer environment where it doesn't
Starting point is 00:45:24 give you the kind of pressure that you're not giving your best, or you wake up one day and you're like, damn, look who I've turned into, very impressive who I am today. It's a necessary thing to do to have positive peer pressure around you. But the part where I said, I can't believe that's not a lot of money, wasn't a 2.2 million. For me was the, what do you call it? The 560,000. What do you say?
Starting point is 00:45:48 It's said, what about 5,000? It says, those who feel wealthy today have an average net worth of 560,000 dollars. 560,000 dollars is not a lot of money today. It's just not a lot of money today. And also, it has to do with your age, but it's not a lot of money today when you're looking at retirement, close-range things like this. I don't know what the age of this is. Anyways, let's go into the next story. I'm going to go into the next story with Economy on Tom. Tom, let's look at a... Okay, here we go. Number of US home sales plunges to lowest level since 2012. Number of US home plunges to lowest level since 2012.
Starting point is 00:46:33 So number of homes available for sale in the US on May 2, and I was fulfilled by 7.1%. Previous year, the first annual decline since April of 2020 to reducing availability to its lowest level since 2012, Redfin, which reported the data states nearly every homeowner with a mortgage has an interest rate, below 6 percent, meaning many are opting to stay put because selling and buying a new home would mean taking on a higher monthly mortgage payment.
Starting point is 00:46:59 Housing affordability continues to be a major concern with the medium price of an existing single family home rising from $300,000 in 2020 to $393,000 in April of 2023. This has caused the mortgage payment as a percentage of increase to jump 14.7% to 26%. Let me read that one more time. This has caused the mortgage payment as a percentage of income to jump from 14.7% of your income to 26% of your income, which by the way, that's always what I go to when these realtors and mortgage office are like well Let me tell you you know your home prices are this and no affordability is something you have to be thinking about and and Tom
Starting point is 00:47:40 The guy that gave us a report at the elite mass fund that we had, the report that he gave Vinnie, in 2021, realtors in California, brokers, realtors in California made $18 billion in commissions in 2021, in $18 billion in commissions. That dropped to $9 billion the following year, okay, $9 billion of the following years, how much commission they've made, which means there's not a lot of inventory to sell. The prices may be held up,
Starting point is 00:48:10 but there's not enough inventory to sell. Tom, when you see the story, what do you think about? Well, what I think about is on its face, that's exactly what we're seeing. And with this gentleman pointed out and some information out that I was digging in, you know, a year ago, I thought interest rates could get to 10%, I remember I said it on this podcast.
Starting point is 00:48:25 They got up to 7, 7, 1, 1, 1 half percent, and they've kind of mellowed a little bit. But it's a sustained. It's not just a spike. It's not coming back down. And the interest rate is exactly what is driving this, that if I was to sell, let's say, I had to move from Nashville, and I had to move to,
Starting point is 00:48:44 you know, plantation. I look at it and say, well, if I sell to move from Nashville and I had to move to, you know, plantation. I look at it and say, well, if I sell my house in Nashville and then buy house in plantation, you know, at 7% interest rates, I'm screwed. So you know what people are doing? I will lease the house with its 3% interest rate in Nashville and I'm just going to go lease a house in South Florida because I probably, even if I sold in Nashville, I probably wouldn't be able to afford to buy the house So what's happening is the supply is stuck. This is called the stuck supply problem
Starting point is 00:49:11 where people even if their job forces them to move their air being being or they're keeping their house in the previous market because there's a low interest rate And they want to preserve that interest rate by the way It's also got property tax based on the purchase value way back when, and if they bought that house in Florida, they're going to be buying at a higher purchase price so their property tax is going to be up in addition to the actual payment. So we have a supply problem that is keeping prices high, and the high mortgage rates is causing the supply to be low because no one wants to sell their houses.
Starting point is 00:49:49 I'll flip it for you Pat. Can we go to San Francisco for a split second? Home prices are down 17% in San Francisco. Why is that? I'll tell you why, because supply is coming up. Why is supply coming up? Because people are leaving and why are people leaving?
Starting point is 00:50:05 Because of the jobs in the city, and the policies in San Francisco. So when you have intervening factors in San Francisco that are causing people to actually say, you know what, I am selling and I am leaving, the supply comes up, and the prices come down despite the mortgages. So there's a, I won't dive into it,
Starting point is 00:50:23 but there's a blue city mayor case study to be done here of what they've done that's causing people to actually sell it this time no matter what. So prices are coming down in San Francisco. But on a market level, the supply is gonna remain stuck for a little while here. Because the Fed is saying in their last report,
Starting point is 00:50:43 they may raise a little bit at the end of July, like another quarter point, but they don't see a steady reduction in rates for two years. I'll add one thing to that. I mean, we all know in basic economics, the law of supply and demands. The number one thing you should understand, but it's hard to gauge that just looking at it,
Starting point is 00:51:00 but like, what's the supply? What's the man? But what you can gauge, if you're an average person out there, is this home or this car or this asset, is it cheap? Or is it expensive? And that's something that you could eyeball and be like, all right, yeah, I can afford that. That sounds like a good deal, or holy shit.
Starting point is 00:51:17 How the hell am I gonna afford something like this? So it's hard for you to eyeball, supply, and demand, like in San Francisco, but it's very easy for the average person to understand whether you're getting a good deal on something or whether you're paying an arm and a leg. And these days, people completely understand that they're paying an arm and a leg for homes out there because the supply is not exactly where it could be,
Starting point is 00:51:39 or it's not very high, and prices are unbelievably high. And this is what we've said for a while. So people are asking, well, what do I do right now? It's not very high and prices are unbelievably high. And this is what we've said for a while. So people are asking, well, what do I do right now? What's in it for me? I'll tell you what's in it for you. What's in it for you, if you're in a market that is maintained its COVID pop on pricing and you don't see it coming down,
Starting point is 00:51:59 now's not the time to buy a house. Now's the time is to lease as efficiently as you can and save your money. If you're fortunate to be in a market where maybe prices are coming back down a little bit, now I sound like sauce. Because you saved them. And the reason I sound like sauce is because on this point, Adam is 100% right. Save that. It's okay to rent.
Starting point is 00:52:20 It's okay to save that money and wait for a good time to buy. Yeah, and Adam, that being said, after everything from listening from you and listening to Pat and listening to what you said about your friend, I feel comfortable asking if I could borrow $25,000 from you. No problem. Thanks, Adam. I appreciate you, bro. It's a charge of 10% interest.
Starting point is 00:52:36 You know, when you say something about 17% of prices down in San Francisco, more than $330 billion of equity lost in San Francisco. More than $330 billion of equity lost in San Francisco. That's a lot of money. $330 billion in value lost in San Francisco, right? Okay, this is the epoch times article, if you wanna read it, you can go look at the article further. But you see this and you say bad policies have consequences.
Starting point is 00:53:03 Did you know, Tom, what city in America across the board, if you look at income, five to 10,000 dollar income range, 10 to 20,000 dollar cohort, 20 to 30, 40 to 50, 50 to 60, all the way down to, you know, 200,000 plus, which city has the most 200,000 plus earners in America? Which city? You know, because we talked about this. I don't want you to say annual income.
Starting point is 00:53:29 Annual income, which city has the most $200,000 earners? I have two cities that come to go for it. You want to go first? No, God. Well, three cities that come to mind. I got New York, I've got DC, and I've got San Francisco. So it's DC, okay. And by the way, and it's not even close, okay.
Starting point is 00:53:48 Now, do you know what is the number one sector in DC that pays that kind of salary? Lobbyists. Lobbyists, public administration. These are the tops of jobs that they have. Down town. By the way, do you know what city in America is highest in crime today, not even close?
Starting point is 00:54:07 It's probably DC as well. Do you know what city in America is the highest in homelessness per 1,000 people? I'm going to take a wild guess and say DC. Do you know what city in America is number one in larceny? DC? Do you know what city in America is number one in burglary? Is it DC? Do you know what city in number one is in robbery? I'll take DC for 200. Do you know Do you know? Do you know what city I can keep going on and on and on and on in every possible way
Starting point is 00:54:43 DC is number one. And by the way, here's a crazy stat about DC. Do you know since 1975 when DC became a district and they started having mayors? Do you know how many times DC has had a Republican mayor since 1975? How many times do you think since 1975? Since zero?
Starting point is 00:55:00 Since 1975. That's 50 years. How many times do you think? One. Never. Never. A single democratic mayor. Ever. Never. Zero since 1975 that's 50 years how many times you think one never never a single Democratic mayor ever never not maybe once not twice they've never had it So what does it tell you terrible policies? So people don't want to move their companies over there They just don't and by the way you know what you know what community DC's been the worst two over the years black community Okay, horrible if you go a little lower on. If you go a little lower on this article,
Starting point is 00:55:25 go a little lower on this article on vitamin.com. Go a little lower. If you look at the numbers, go lower, lower, lower, lower, lower, look at that one right there. 1985, the Anti-Drug Abuse Act of 1986, they created a law that was 100 to 100 to one crack cocaine disparity, which meant that a person that caught cod
Starting point is 00:55:45 with crack cocaine would receive a sentence that was 100 times longer than a person I got caught with the same amount of powder cocaine. Who do you think they were targeting? I forget the black. And by the way, that's 1986, while the mayor is a Democrat targeting blacks, again, bad policies have consequences. Who in the right mind is thinking
Starting point is 00:56:07 about moving their families to DC? Who in the right mind is thinking about moving their families to San Francisco right now? Who in the right mind is saying, you know what, why don't we move our business to San Francisco? I don't know a lot of people that are thinking about that stuff. The best part that's going on right now, the best part that's going on right now, man, we finally have a few years to look at policies to say, damn, that shit didn't work. When you're in it and people are selling it, you may be like, well, maybe it does work.
Starting point is 00:56:34 Let's wait and see if it works. Guess what? It didn't work. San Francisco filled miserably. DC filled miserably and continues to fill. They don't get about the community what's going on over there. Anyways, so I love the fact that what we're looking at
Starting point is 00:56:47 these numbers and the flip side of it, Rob, if you want to pull up the least affordable city, go to the market. Can I show you some numbers about DC real quick? Let me go into the least affordable, come back to DC to flip side of it. Here's what happens when you have great policies. Okay, real estate is booming in Miami. Why do you
Starting point is 00:57:05 think it is? Because people are moving there. 900 day. And it says it's not a good thing, not if you're making under 60 grand a year and need some sort of affordable housing. They're right. However, guess why and what causes a city to increase pricing in homes? Because those types of people are shown up to your city. With the average income in my residence, would have to sacrifice 80% of their monthly income to own such a home. LA comes in at a second, number two, with 77% of their income necessary to pay for purchase home.
Starting point is 00:57:37 Oddly enough, New York, New Jersey is third, but that's most likely due to New York city spillover. But post pandemic, New York City itself is ironically ranked number four, 70% needed, and then if you go lower, in 2021, 62% more people move into Florida than moved out with the state's population increasing by 2% in a single year.
Starting point is 00:57:56 Miami's tax rate with federal tax included are about 10% lower than that of New York City resident, and a man had to naïve making $150,000 of his saves, $50,000 just to relocate to Miami. Okay, and by the way, Orlando moved up seven spots just so you know, during the same exact time. What does this tell you? Bad policies causes you to lose great people,
Starting point is 00:58:17 great policies that the Santa sat in Florida causes you to gain great people. Very interesting concept. And bad policies attract bad people. And when people say, what do you mean by bad? Those who are a net negative to society who want reparation checks, move to San Francisco. Those who say, I don't need you to give me any reparation checks.
Starting point is 00:58:35 Just leave me the hell alone, let me build my life. Let me raise my kids. Those people are moving to places like Florida, Texas, Tennessee. It's great. It's a case study that's proven which policies attract and produces results, and which policies attract and produces trash. By the way, Newsom is the case study
Starting point is 00:58:55 that's losing great people, gaining net negative people, the synthesis the case study of gaining great people, losing net negative people. When Duane Wade said, we can no longer live in Florida, even though it's my home and a lot of these people, how my jersey on the walls, you believe transgenders should be able to decide to change your bodies at seven, eight, eight, nine years old. Yeah, you believe that? Yeah, Florida, we don't think it's normal. California does, move over there, no problem. Do you mean to tell me that's a net negative to society? In a way of confusing the hell out of kids under the age of 18, yes, that's
Starting point is 00:59:31 a net negative to society. I say yes to that. So anyways, you were going to say some stats about DC? Well, yeah, just to kind of give some credence to you, by the way, speaking of that crack epidemic and going on in DC. What does Hunter Biden live these days? DC. Yeah, there's crack out back. Who was the only mayor in our country's history to get arrested from? Marry, marry, marry, the mayor of DC. Indicted mayor, Hall of Fame, he's number one.
Starting point is 00:59:56 He's on Mount Rushmore of Indicted Mayor. Yeah, he's, he's the co. His campaign thing, I will get the drugs off the street and into my nose. So it's like it was great campaign. He was the, uh, uh, uh, uh, uh, campaign. This is the, Rob, this is the stats on DC. I'm sorry of the highest end. Go to 2020 census.
Starting point is 01:00:13 Okay, yeah, scroll down a little bit. By the way, here are the counties where the median household income where you're talking about. Look how many counties are in Virginia. Now, you know, they call that area around DC, the DMV, DC, Maryland, Virginia, with all within, you know, a half hour drive of DC. Let's count how many are in Virginia, DMV area. Number one, Loudoun County, Virginia. Number two, Falls Church, Virginia. Then you got three and four, which is
Starting point is 01:00:40 California, no secret. Then you've got Fairfax County, we're all familiar with in Virginia, so that's three out of the top 10. Then you got Maryland, Howard County, Maryland, then you got Arlington County, Virginia, then you have California. So four in the top 10 are all in the Virginia area. So when we find out where all this lobbyist money goes, all these slush funds go, all this waste,
Starting point is 01:01:04 all this pork belly they talk about, right to lining the pockets of the peaceful that work in DC. Well, and Amazon's second headquarters is now, I think that's one third full now, and those are very high paying jobs. He helps. And we can think AOC for that being in DC
Starting point is 01:01:23 because it could have been elsewhere. So AOC are so amazing. So great for helping those people. But I actually applaud you for pointing this out because nobody talks about DC in this regard. We think of San Francisco's expensive New York's expensive somehow DC that is not exactly in that conversation, but it definitely should be. All right, so let's go through some of these weird ideas here that just a little bit craziness here when you take a look at this stuff.
Starting point is 01:01:49 Students, is this a video that we got? Or what is it? Rob, you have the article here, but there's no link to it. I do have an article up here for you, hang on. Oh, OK, because all I see is the story about what's going on. We've just tweeted this. 5% American adults under 30 identify as trans, 5% of adults under 30 identify as trans.
Starting point is 01:02:12 Five years ago, it was 0.6%, okay? That identified as trans, that's not visibility. This is social contagion of a mental health epidemic, okay? Vivek is making a lot of sense lately. Let me, do you wanna pull up this tweet Rob to show this or the audience? Is this a tweet you had here? Was it a video when he said that?
Starting point is 01:02:32 It's a tweet and video. Let him, let him say it, play the clip. We need to end this mental health epidemic. Not just with anger, I'm not angry at trans people. I'm not. I'm frustrated with the culture that venerates a mental health illness that we should be treating instead of actually throwing kerosene on and fueling to spread like wildfire across this country. I
Starting point is 01:02:56 know you're not supposed to say many of those things out loud, but I just think it's important that we speak truth because that's got to be the first step towards getting to a solution. And that's what I'm hoping to deliver. Listen, too much logic, man. Well, he's got too much logic, too many things that make sense. Pull up the tweet one more time. I want to read that one more time for the audience to see a zoom in a little bit.
Starting point is 01:03:16 Five percent Americans under the age of 30 identify as trans. Just five years ago was only 0.6% of 18 to 29 that said they were trans. Not visibility, this is social contention of a mental health epidemic, even to the point where a kid doesn't get a chance to walk across the stage. You saw the story, right? This kid is like a student band from walking at graduation after saying, boys or boys and girls or girls
Starting point is 01:03:39 as this the article rap that you have. Guys or guys and girls or girls, there is no in between lore, recounted, saying, I think a lot of people thought my statement was against people or against people or against groups. And it wasn't targeting any groups. At the time, lore was supposed to impart words of wisdom to younger students at high school before his remarks
Starting point is 01:03:58 at Shoshon News Press reports due to the Family Education Rights and Privacy Act. The school district cannot go into detail regarding the incidence surrounding law. That makes a lot of sense, of course. The student was also accused of participating in senior prank involving toilet paper in Dead Turkey and scribe messaging on break walls before ceremony.
Starting point is 01:04:16 They informed me that they think I'm going to be having an outburst at graduation. I get the senior prank thing, but that was more of a group thing. I haven't had a problem all year. I just think my message was taking the wrong way. So kid cannot say, guys, you're guys. And Pat, let's just be honest. I know it's with graduate, by the way.
Starting point is 01:04:33 But it's okay. Pat, we always talk about wars. Russia, Ukraine, the war and this, the real war is good and evil. And I tell people every single damn like, it's wartime. Like, what are you going to do? Are Are you gonna sit on the sideline or you're gonna get in there and fight? I don't know if you guys saw this. Rob, I just sent you the link on Instagram on Slack. Last week, California passed, A, B, this is a bill, 957, which gives the state the legal right
Starting point is 01:04:59 to deem any parent who doesn't affirm their child's gender identity as child abusers and could result in a loss of custody. And then there's the, I said to you that this representative, can you go to the video Rob? Pat, this is, this is Lori Wilson saying that she's not only 100% in look what she did with her kid. Can you please listen to that, play it, play that clip of her.
Starting point is 01:05:19 Farming a child's gender identity is in their best interest. And it really is because if you have a seven-year-old who's talking about having a potential to say I be enabled to articulate that they believe that they are not the same gender as they are biologically, then it should be affirmed and through care it should be determined. And that's what we did with our own child.
Starting point is 01:05:44 And that would give the ability for a parent who wasn't sure to affirm and get their child the care that they need to make that to they can begin to articulate that to do money. She's doing it by saying and rejecting it and wholesale then you're essentially rejecting your child and that is not in the best entrance of a child. We should be affirming our children in every possible way and getting them whatever appropriate care they need, whether it's based on their gender, whether it's based on how their studies are in school. It doesn't matter, our children should be affirmed.
Starting point is 01:06:16 So imagine, Patrick, you guys heard that. Her seven year old said, other she's a girl opposite sex, and they're like, we're all in. So that kid, I don't know if it's happened already is going to get drugs They're going to be castrated if they're dude like this is when I'd say it's a freaking war of good and evil Those people are making the laws and making the decisions and if you pat if you're seven year old says I want to be a Girl and you have to and you say no, they'll take your kid away. That's what that
Starting point is 01:06:46 Bill in California is saying. It's unbelievable. Tom, how do you process that? Well, the way I process it is they better get ready for based Lord of the Flies in the classrooms because first of all, you know, affirming your kid, hey, I want to have ice cream at 3 a.m. If I say no, I'm not affirming my kid. You know, you, you, you, you basically have to understand that with kids, you need to put guardrails to create great citizens. Gay, straight, whatever they turn out to be, you in terms of lifestyle, there's guardrails around entitlement, there's guard rails around structure and behavior,
Starting point is 01:07:27 and if you consistently affirm everything, then you have no structure. You have an out of control person that when they walk into some structure, and let me think, like a job, they're going to be illequipped to socially in that environment, operate. When they walk into some structured environment, like a science class, where you can't just say, well, I don't agree that two and two is four. Really, I'm not affirming you, I'm giving you a C. We are basically about to raise a generation of kids that are permanently affirmed
Starting point is 01:08:07 and entitled, permanently affirmed in the wrong ways and are entitled. And what we don't understand is that the structure builds character and character builds citizens and citizens build cities, cities build states, states build countries. So this is a very bad waterfall effect that's coming soon.
Starting point is 01:08:26 Tom, when I was seven years old Pat, I swear to God. Ask my brother, ask my sister, I thought I was Superman. I would take a towel, wrap it on my neck, and run around the house and do you think these days you think you're a vampire? I think I'm a vampire. Yeah, let's do it. I thought, that's hilarious.
Starting point is 01:08:40 Did you jump off the, no, picked a table on the back of the discover you were not involved? I did, well, thank God that my mom didn't go, you know what Vinnie, you are. Climb up on top of our three story freaking apartment complex. Go for it. And jump because you could fly.
Starting point is 01:08:54 Thank God she didn't do that. And it's a row. A seven year old's mindset. And I know and I know people, some people are like, do you any of you have kids? I don't have kids. They have kids. I don't need kids to know what's right and what's wrong. So all those people that are like, do you any of you have kids? I don't have kids. They have kids. I don't need kids to know what's right and what's wrong.
Starting point is 01:09:07 So all those people that are like, you don't have any kids, you have no idea it's not your kid. I'm not stupid. Kids are innocent. And if you don't protect them, then you're on the wrong side. Can I just, I can't do that. That's an important point, you may.
Starting point is 01:09:18 Go ahead, I'm sorry. I can't remember how to say this. I just want to be devil. I have to kidnap them. I just want to be devil's advocate for a second. Okay. I'll start off by saying one of the proudest moments I've ever had I just want to take the seven year old. I just want to be devil's advocate for a second. Okay. Well, I'll start off by saying one of the proudest moments I've ever had in my life was when my 10 year old nephew
Starting point is 01:09:29 was like, yeah, I have a girlfriend. I'm like, that's my dog. That's my guy. It's like, you never know with a kid. But like, all right. But here's my question, that lady giving that speech, right? Do you think she loves her kids? I don't know.
Starting point is 01:09:44 I'm asking. It's not a question where you love your kids. You know, there are people that love their pets and they don't train them and they're a nuisance in the neighborhood, right? But you can't compare a pet to a kid. But I'm asking very simple questions. The hell I can't.
Starting point is 01:09:57 This isn't a gotcha question. I can compare a person's ability to lead their pets, their dog, their family, and their kids and say, is this a person of structure that's respectful of the neighborhood? Now, kids are humans, and are the ultimate point of value. Now, I can look at somebody and say,
Starting point is 01:10:17 the kids are crazy, their dog is crazy, they're not a good neighbor, they're not helping society, they're not, this is nuts. Gay or straight, you know, what do you do? What I'm solving for is this. I'm trying to understand these parents mindset because if I, I don't have any kids, but when I do, and if God forbid, I have a seven-year-old who wants
Starting point is 01:10:36 to transition, I'm like not so fast. Like this, this, this not happening. Like that's not a thing. But these parents who are gonna affirm identities and allow their kids to take these steroids and home on blockers and all this stuff, I'm wondering how you know how Pat famously says, how do you process this?
Starting point is 01:10:51 How do they process like, I'm wondering how they process this. I'm assuming they love their kids and they want the best for their kids. And this is the approach that they're taking. Now I think it's wrong, I think it's weird. But I guess my question is, should they be held responsible for this? Should they be held liable for this? Are they wrong for doing this?
Starting point is 01:11:11 I agree that they should not do this. I'm just trying to understand their mindset as a parent. Why they would allow their kids to do something like this? Adam, let's ask you. Why do you think? I think, I don't know. That's why I generally don't know. I don't know. What do you think? Why do you think what causes these guys I don't know. That's why I generally don't know. I don't know.
Starting point is 01:11:25 What do you think? Why do you think what causes these guys to think, these guys love their kids? Great. So why would they do that? I think that they love their kids so much that they don't want to tell them no. And when a kid's like, I would be able to.
Starting point is 01:11:37 So let's put that as one. So that's one. What else? Why else you think? I think that there's some sort of societal contagion going on here. Yeah, perfect. So why else do you think?
Starting point is 01:11:47 Two of them so far, you said that one of them is they don't want to say no to their kids because I think that's a bad parent. Number two is societal contagion, which is cool to do that today, so they're kind of following that. Why else do you think? Yeah, I think, um, yeah, I generally, this is something that is very confusing to me. And I generally don't understand this. Why?
Starting point is 01:12:06 Because this was something that didn't exist when we were kids. I didn't know any kid that was trying to switch genders. I told the store famously about I knew two girls in elementary middle school that played sports with all the boys, and they were just Tomboys. That's it. They just over time, they just became who they were.
Starting point is 01:12:25 Now one is happily married with kids and one is a full-on lesbian. But she didn't switch her gender and become a man or anything like that. So stay on this topic. Yeah. What's your own question? Why do you think?
Starting point is 01:12:36 There's something going on in society today that has led to this. Let's change the question. Let's change the question to this, to all of us. So we have to define, is it fair to say there is bad podcasters out there, good podcasters out there and great podcasters out there? Yes.
Starting point is 01:12:54 Okay, let's define the greatest podcaster out there, which is Joe Rogan, okay. What makes him the greatest podcaster? Let's give him the 10 out of 10, okay? He's curious, he's funny. He's real. He's straight up. He has opinions. His opinions change. He's evolving. He's got some interesting takes. He interviews everybody from every one. He's a good everybody and everybody pretty much for the most part, but all right. Cool. He asked the right questions.
Starting point is 01:13:21 He's patient. He's, you know, a bunch of good qualities. Let's define, although typically no one knows bad podcasts, but let's define what would make a bad podcast. No preparation, no research, horrible guests, no point in the view. Can't keep my attention, you're not interesting, you're, you know, you're, you're, you're, you're not consistent, you don't do it, you're just, you're not kind of like something that you're,
Starting point is 01:13:45 you don't look warm about. Perfect, okay. So can we go in this, like when we're looking at RFK and we're comparing him to Peter Hotes, in the area of who has more fancy degrees who wins. Hotes. In the area of having done more research in health and all that stuff who wins.
Starting point is 01:14:02 So probably Hotes, in the area of who is healthier in life who wins. Kennedy. Kennedy. In the area of a person that's simply asking questions and going against the establishment who wins. Kennedy. Okay, you get to pick and choose on how we define them. All right, let's go here.
Starting point is 01:14:17 Let's define, because this is where the argument ends. Let's define a bad parent and a great parent. What is a great parent? Let's define qualities of a great parent. Provides for the child. So provides. Gives them the right morals and the right lessons for life and guides them. Guides, gives them the right path, puts God in their life, puts them in the right schools. I think it's someone who has structure, someone that sets boundaries, that someone that educates, that someone that shows affection, but that somebody that isn't afraid to say no, you know, now it's changing, isn't it?
Starting point is 01:14:59 Now it's changing, isn't it? So you just said it, structure, you made it very eloquent argument. So structure, boundaries, somebody that shows, no, you said empathy was the third one. You said it was very important. Affection. And then you said, what, no. Okay, Tom, you're a parent and not, you're one
Starting point is 01:15:13 the greatest parents. I know. What else would you add to that? Well, it's something Adam said a minute ago. He said, I love you so much. I don't want to say no. That's parental insecurity. They love themselves too much to risk the child's rejection. Let's stay on great parents.
Starting point is 01:15:26 No, no, no, let's stay on great parents. I love you too much to say yes, and I'm on a freight of your reaction because I need to guide you through it. I love you too much to say yes to certain things. Okay, perfect. So now, do we want to add anything else outside of this? I thought it was very smooth how you said,
Starting point is 01:15:41 a structure, boundaries, affection. No, I love you too much to say yes. Do we want to add anything else here to the great parent? I think you prioritize character and education. I also think it comes down to roles of a man versus a woman. Character, character you are into, the table is different than what Jen brings to the table. You guys are different now.
Starting point is 01:15:58 And you guys are great parents, but the way that you handle things are different. Sure, can we now define what a terrible parent is? Someone that's not there. Okay. They're never there. Financially, they're not supporting the family. Security.
Starting point is 01:16:10 You know what I mean? They don't give them a place to live. You know what I mean? Also, I'm not up as it is that the purpose of the child is to love them. You know, is a bad parent is the child is there to make you feel better. That's horrible.
Starting point is 01:16:24 No guidance, patental morals. We see that everywhere, you know what I mean, Pat? What else is a quote? Can you go up? Let's just see what psychology today say what a terrible parent is. What else would you say about a terrible parent? Enableers.
Starting point is 01:16:33 You know, you know, you know, you know, you don't correct your child, you enable it, and you, you, you, you qualify it, and you give them a way of screaming to shut up. What else? At the end of the day, it's the exact opposite of what makes a good parent that you, that you don't have structure.
Starting point is 01:16:44 You don't have discipline You don't have a Faction. Yeah, you want to say no, but stay there. What are signs of bad parenting? Look at that strict and rigid discipline is bad parenting bullshit. Okay strict and rigid Okay, so it's a Iron affection and it's a little Okay, so shaming okay, I totally get it
Starting point is 01:17:03 Yeah, and now there's different sides of the spectrum. Like on one side, little or no discipline and the other side is rigid discipline. But here's the, you gotta be amenable. Here's the part for this woman to say, if your seven-year-old child say they this, you know what you're saying? Here's what you're saying.
Starting point is 01:17:19 What you're saying is the seven-year-old child knows just as much as you about life. That's what you just said. If the child says that, the child is at an equal level of wisdom and intelligence as you at 35 years old. She looks like she's 35. Is the seven years so then, you are dumb.
Starting point is 01:17:38 Yes, that's what you are. Because most seven-year-olds are trying to learn and they want direction, and they will say anything and everything to get attention. Now, how many videos are you seeing coming up where the kid says, my mom just wants me to be gay. If I become gay, my mom will be so happy
Starting point is 01:17:54 and the kid says, I never said that. Your mom, you always want me to be gay. I just saw that. You're always saying you want me to be gay. Honestly, I'm not. I can't believe you're saying this on life. So the point is, listen, somebody has to have a brass balls to go out there and say, here's a great parent.
Starting point is 01:18:10 Here's a bad parent. To all the great parents out there, we salute you because you make the world a safer place. You make communities safer. You produce people like anytime, like, for example, when I would get somebody, I said this to a, a, she knows mom and dad came and talked to me one time, and I looked at she knows mom and dad, and I said, listen,
Starting point is 01:18:33 I got the product. I didn't raise her for 25, for 18 years, you did. I just want to tell you, thank you, because I got the product after you raised her. Like, Grace is upstairs, she has to, you know, sit in their work and do her part Like Grace is upstairs, yes, sitting there working, doing her part, 14, 15 years old, 16 years old. That's a product of Paulette and CMAC raising her well. When I see Bailey, by the way, shout out to Bailey,
Starting point is 01:18:58 she just took her SAT scores. You know what she got at a 16, 150. Bailey just got 15, 60 on her SATs. That's too wrong. Is that too wrong? She just got, she got 790 on math. Shout out goes to mom and dad. Of course it goes to Bailey. Of course. But Bailey knows if her parents were somebody else, she wouldn't have a 1560. Life sometimes you need to write people on your life to kick your ass and sit on expectation and stand it and say no. Step it up. Move up to this level here. That's not easy. That's a lot of hard work and discipline and dedication and sacrifice from your own stuff that you're
Starting point is 01:19:32 doing. No, we have to define what is a great parent and what is a bad parent and we have to keep recognizing the great parents. When I see yesterday, Mario brought a couple of people here and one of the kids was talking to me, hi, how are you, sir? So I love your work, you do. The guy's 12 years old. I said, why are you so confident? He says, what do you mean?
Starting point is 01:19:54 Mom and dad are standing right. So why do you talk so eloquently and confidently? It's not normal for 12 years to talk like this. Well, sir, I'm a very confident young man. I said, well, I want to tell you, I said, I hope you think your mom and that for raising you this way because this is not comment. This is not comment to be this respectful, this kind of confident. As you're at 12, I hope when you leave this place, you say thank you to mom and dad because without your mom and that, you wouldn't be the way
Starting point is 01:20:19 you are right now. And I looked at the parents in front of the kid and I said, I salute you, I salute you. And I thank both of you for being great parents. We ought to recognize great parents and we ought to call out bad parents, cause it's happening. And these poor seven-year-old kids, eight-year-old kids, nine-year-old kids, when they're 38 years old, buy themselves and they have nothing else to do to, there is no way of going back.
Starting point is 01:20:43 Once you take these blockers, these things that you put in your body, there's no way of going back. And being the same person, you were being the person I got created to be your questioning God. The concept of saying, I am not this person, you're telling God, your creation wasn't good. This was not a good creation. You know what? This is how, like, I'm having a conversation with somebody yesterday and I said, look, here's
Starting point is 01:21:07 what you have to realize. I don't sit there and you know certain things that were wired, we improve as human beings, but certain things, you're wired the way you are. Okay. But some of the stuff is like an excuse to say, wow, that's just kind of how I am. It is what it is. I'm a smoker. It is what it is.
Starting point is 01:21:24 I don't work out. It is what it is. I'm a smoker. It is what it is. I don't work out. It is what it is. I'm a year of. No. If he created somebody that says overly, you know, high standards, you know, busting their ass, very detailed, meticulous, OCD, whatever, all this stuff that people want to add up there. But if you're somebody that's a high standard person who created you that way, probably you buy product your parents,
Starting point is 01:21:46 God, you're wiring your DNA, that's how you created phenomenal. Thank you for building me that way. But today, when it comes onto parents, man, I wish we would do a better job recognizing these great parents. You know the whole thing that we're trying to do with Glendo? Whole thing that we're trying to do with Glendo right now.
Starting point is 01:22:03 And we're talking to a bunch of halls to all the people that are listening that you guys are having calls late night all this stuff. I get all the messages just so you know who you are. I want to tell you I thank you. I applaud you. I respect you. We're trying to get a hall right now. All these halls in Glendale, every one of them have been very, what do you call it?
Starting point is 01:22:17 Accommodating. All of them. Such a freaking classy. Just the community's shown we want to do, but they're like, Pat, we got weddings on Friday and Saturday night. They're right. I mean, no, stop the wedding. No, you got to do your weddings. I totally get it. We're trying to do something but they're like, we got weddings on Friday and Saturday night. They're right. No, stop the wedding. No, you got to do your weddings. I totally get it.
Starting point is 01:22:27 We're trying to do something to go glando doing event. I don't know if it's going to happen anytime. I wanted to do this Thursday, this Friday or Saturday, because I want to do it in a momentum's eye. It's all right. We're out of the country. We're out of the country. Yeah.
Starting point is 01:22:37 But the only reason I want to go to glando is just to tell the great parents, listen, don't second guess yourself, you're doing good, keep doing and raising your standards, we ain't perfect, but keep getting better. They just need a platform for people to realize, you are incredible as a parent, keep raising the standards,
Starting point is 01:23:00 they're making you think you're making a mistake, but you're not, you're doing good job. So this whole conversation can we solve If we can identify what's a great parent and what's a bad one? We recognize the great ones and we call out the bad ones. Yeah until we do that This is gonna continue. Yep, and you have to about and I think when you see it like I said about the battle Are they gonna send the sideline or are you gonna step up? It's those same parents and we've been seeing it this entire month
Starting point is 01:23:22 Yes, it's been pride month and I congratulate all the people for all my gay friends and family members with the pride, but these are the same bad parents that are taking their children, three years old, four years old, two years old, and then bringing them in the street path when there's grown men but naked, but naked, twerking, there was something,
Starting point is 01:23:38 I think, a Minneapolis one in New York where there was like a fountain, Seattle, there's a fountain tom of water, and it was just no clothing was optional. People didn't like, listen to me. If you like a fountain, Seattle, there's a fountain tom of water and it was just, no clothing was optional. People didn't like, listen to me. If you are a parent and you are bringing your kids front row to a parade where there is butt naked, grown ass men, you fall in that shitty,
Starting point is 01:23:56 horrible, bad parent and you should be ashamed of yourself. And I wish there was a law that where you ask to get arrested for doing that shit because Tom, at five years old, I remember everything. I remember everything visual. This is gonna be stuck in little kids' heads for the rest of their lives.
Starting point is 01:24:11 And I think this is disgusting, and this should be a shame. I'm with you Vinny. This is absolutely absurd. This ridiculous. If you're an adult, you wanna go to something like this and see naked, sloppy people walk around and celebrate the pride stuff, all you.
Starting point is 01:24:23 But you bring your child to this, I would say that is on the realm of child abuse. And I'll say one thing, and Pat, I wanna get your opinion on this. You got Pride Month, that's 30 days, Pride Month. But there's also trans awareness day, and there's so many different LGBTQ things going on out there to celebrate the Pride Month. You've got one day of Mother's Day,
Starting point is 01:24:47 and you've got one day of Father's Day. What's the month that they celebrate families? What month is that? It doesn't exist. I was just like, what? It doesn't exist. It doesn't exist. Why are we recognizing,
Starting point is 01:25:01 we're capitulating to the 1% or the 2% or the 3%. I agree, you have your rights, but family values. We've seen them plummet in the last decade or two, since the 80s, basically. And I think what you're saying is that common sense always wins and common sense prevails. What we're trying to, I think, see as this return to normalcy is like families are what make up America,
Starting point is 01:25:23 not naked gay dudes parading in a street. And I think people are just over it. By the way, this guy Brian Cresson Stein, I don't know who he is, but he's somebody because he's got a big follow-on on Twitter. He said, number one, scene a man naked on a bike isn't going to have much of an impact on any kid. They have likely seen their fathers or brothers naked before.
Starting point is 01:25:44 What a word. Okay, there's a big difference between your father when you're four years old, versus a random dude naked. But you have number two. By the way, Elon Musk tweeted this number two, sharing an unsensored video of a naked man on a bike to an audience of possibly 30 million kids on Twitter is arguably worse than riding a bike naked in front of a kid or two and planned event that the kids can just took them to. Says number three, there are much worse things than the average kid will see or hear online
Starting point is 01:26:09 and offline in a typical week. By the way, you realize this guy, saying what he's saying, seeing a man naked on a bike isn't going to have much of an impact on any kid. Either this guy doesn't have kids or two if he does, he doesn't value that part. But I will tell you, majority of America, majority, fully disagrees with you on this brine.
Starting point is 01:26:35 And I think I would put that as 95% parents, not people that are single, not people don't don't have kids. This would need to be a very clear poll with parents with kids would totally disagree with us. But this gets people to say, well, he's right, what's the big deal, what's the big deal? Yeah, this is when you have to call out bullshit and you have to call out what's,
Starting point is 01:26:58 people that are doing the right. So he starts with a justification, moves on to being an apologist and then finishes with a justification, moves on to being an apologist, and then finishes with a justification. So he really doesn't make a point of his own here. At all. Yeah, but you know what some people follow it, and they say that makes a lot of sense. It almost retweeted, and I said, this guy makes no sense.
Starting point is 01:27:16 And he knows, I don't know, 10 kids, I think at this time. And one of those kids went trans, I believe. Yeah, one of his kids did not run. How did that happen? I mean, one of the time out, I mean, the odds, I mean, you know, it is what we listen. When there is a divorce and the fathers, not there on a daily basis, some mothers will raise their kids.
Starting point is 01:27:36 I got a few friends right now that, you know, the biggest fear of a father is when there's a divorce is who is gonna have that influence over their kids when the girl dates somebody else. That was my dad's biggest fear. To see what man is going to have influence over me if my mother was to get remarried. Now my parents neither one of them got remarried. My mother didn't get remarried. My dad didn't get remarried. I was that second time. They remarried each other, but they're not the only three. They remarried each other. but nobody knows. They're remarried with themselves. Yeah, that's a good point.
Starting point is 01:28:07 And they both swore off and then threw that out. But it's a fear because you're kind of like, that's my kid, what's he gonna feed him? What's he gonna tell him? What's he gonna do this? What's he gonna do that? So, when you lose your kid to mother and they're doing what they're doing,
Starting point is 01:28:17 there's a risk of seeing how that woman's gonna raise him. I encourage everybody to go back and find the Bill Marse speeches is now about that speech. It was a position statement that he made leading into the debate that he has on his show. And four months ago, he did it and he starts out with his statistics on the percent of population that was gay and then he moves on to things, but he makes a really important point. He says, with kids, everything is phases.
Starting point is 01:28:46 And when I was young, I wanted to be a pirate. I mean, he's like seven, eight years old. I am so glad my parents didn't send me out for eye removal and peg legs, or dream. So he's making a great point about all that, about phases, and he makes another point. And he says, I find a little odd that I go to these parties in Los Angeles and Angelinos
Starting point is 01:29:06 are there and it's somehow fashionable to have a trans kid and to trade stories of how you're working through it. So it's about a seven minute monologue that he does, but he makes a bunch of common sense points. And I think there's a wave of common sense that's coming and there's a lot of people that are bringing common sense forward like the Glendale and Glendale their Meaning community my hats off to you you were not only bringing common sense you had people sitting there at City Council that made Comments about the genocide but common sense is coming to the fore and in that moment you have a Practical presentation by Bill Maher in front of the camera.
Starting point is 01:29:45 And then you have people saying, I've had enough and I'll see you at City Hall. I'll see you at the school at the Armenian community at Glendale Unified School District. So I think we're going to see more of both of common sense calm and you're also going to see more parents stepping up. Because I think in terms of this wokeness, the majority of America's had enough and I think these things let them know, hey, you know what? It's okay to protest. It's okay to go out there and make your point. Look what these people did at Glendale Unified School. The best. The best.
Starting point is 01:30:16 And by the way, they weren't the ones wearing masks and fatigue. No. No, the Antifa, the Antifa that were're milling around in the crowd there were the people there were very straight up. You see these rational things. Why do you not like this flag? Why do you not like this flag? Trying to engage in common debate.
Starting point is 01:30:34 And I love that. I think there's a wave of, let me tell you, woke is going to be met by awake. And awake, you awaken the giant, which is common sense. And I just hope this giant called common sense is big enough. Yeah, and what I said earlier, Tom, about the people that are on the sideline or the people that fight in the war, Armenians are the ones that are gonna step up
Starting point is 01:30:54 and fight, bro. Antifa's biggest mistake. It's like my auntifa's been going crazy for how many years, going to cities, terrorizing people. They showed up at the wrong place and got their asses off. But whoops. Armenian mothers, grandmothers beating the shit out of dorky ass, antifa, little white guy. I was, that was one of the dopest moments.
Starting point is 01:31:11 I just jumped and provoked. No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, mind you though, they're front lines, they're warriors, bro, it's for kids. It's something they're just out there to start trouble, but that's so, yo, antifa went to the wrong place and I beg guarantee you, they will never go to Glendale, California to start shit again. Period. Done deal, end of the story. I like to know in the middle of highly Muslim mini-apples, you know, there's one side of mini-apples that is incredibly Muslim, a lot of Somalis up there. Yeah, they call it a mini, what's the capital of Somalia? Mogadishu. Yeah, they call it mini- Somalia Mogadishu?
Starting point is 01:31:46 Yeah, they called many little Mogadishu, exactly, I'll be there this weekend by the way. I'd like to know how well the, if they had a pride, pray, I don't know, did they have a pride prayed in downtown Minneapolis and how did that go with the Muslim community? I'll check that out for you. It's actually a very good question you're asking.
Starting point is 01:32:01 I'm sure, you know, Adam's gonna do some legwork to find out how to make it. Sianan could be put up for sale. I'm sure Adam's gonna do some legwork to find that out. Next. CNN could be put up for sale. I'm sorry, sir. CNN could be put up for sale and bought by Austed CEO Jeff Zucker, Daily Mail Story that just came out here.
Starting point is 01:32:13 Let's see what happens. You would Jeff Zucker, Jeff Zucker buying CNN. That would be a power play. What about there? Trump buying it. They will not let him do it. Oh my God, Trump. So CNN parent company Warner Brothers
Starting point is 01:32:23 discovers considering some of the network and Austed CEOalka has emerged as a potential buyer aiming to regain control and seek climate ultimate revenge for his firing. Warner Brothers discovers CO David, Zaslav's future plans for CNN are unclear with options including a potential merger with CBS or a sale of the network.
Starting point is 01:32:41 Zaslav's public sacking of ex-ocrystallic suggesting preparation for possible sales CNN has faced financial challenges. Are any $500 million less than profits last year. Controversial incidents including disastrous town hall with Donald Trump and the departure of long-time anchor Don Lemon have contributed to the networks decline. Tom, what thoughts you got on this year? So first of all, this is not conspiracy, this is real. The people that were speaking up inside CNN when Chris Lick, remember a couple weeks ago, he, you know, entered
Starting point is 01:33:14 into retirement, suddenly, they were the Zucker people left over after Zucker left. So the remnant of Zucker became rebels that were working to undermine Chris Lick, and then Chris Lick to undermine himself with some very bad business decisions. It didn't go particularly well. And so now you've got Zucker back saying, hey, I want to buy this. Well, he's going to be buying low because we all are seeing what's going to add sales numbers and things like that. And you have David Zazlov who is like, how do I get out of this thing? This is like a damaged brand because you look at all the things that happen.
Starting point is 01:33:52 You have the Cuomo situation, then you have the Zuckers situation, then you had a Dunlum in situation, and now you've got a Chryslic situation. So if you're Zazlov, one of brothers' discovery who has a lot of debt on the book's pat, when you bought this thing, maybe you just sell this particular house. And the reason they mention CBS, we'll go a quick case study. NBC doesn't need it.
Starting point is 01:34:14 They have CNBC, MSNBC. They have a diversity that goes from the mainstream flagship all the way down into the cable nets. And ABC, well, they're trying to make a profit out of ESPN. They're not in the buy-in mode. They're in the under Disney is kind of selling and trying to trim it up mode which leaves CBS. Hey you really don't have a you know a cable net out there maybe you take CNN and turn it to CBS CNN or something. So I think that CNN is in a tough straight but I think it's pretty freaking ironic that Zucker comes back with the private equity firm
Starting point is 01:34:46 where he's at now talking about buying it. After his fingerprints, he was behind the scenes, bitter about being tossed out after his own malfeasance, and watching Zazlov then fire Chris Lick, and it was some of the Zucker zone people that were in there like rebels, helping Chris Lick's mistakes be even greater amplified. I think it's pretty ironic that Zucker wants to make a run at this.
Starting point is 01:35:09 You want to talk about ironic. You saw Don Lemons first interview since he got fired. He said, I send you the link, Rob, on Slack. He said, his commitment to the truth is what he's talking about. And he's saying he doesn't believe in platforming liars and bigots. How how is somebody like that that's been peddling lies for CNN have the goal to say you did you hear this Matt Adam Robb, do you play that?
Starting point is 01:35:36 This is his first talk. He's talking about Sakura. No, he's talking about just his his his response ability to tell the truth and how they're giving them people platforms for liars and bigots. What's the date, Vinnie? It's just happened. Okay.
Starting point is 01:35:49 Or a perfect union, not a perfect union. I'm not a perfect person. No one is. But I think the Constitution deserves us to, we, in order to fulfill the promise of the Constitution, we have to stand up for what is right. He's one of the biggest bullshel artists for CNN for how many years?
Starting point is 01:36:09 He didn't say anything there. He didn't say anything there. The sky, I don't know if he is actually that big of a deal when it comes on to people taking his word. He was never a top 10 show ever. Never. He's always a top 50, top 100 show,
Starting point is 01:36:24 but he's just famous. I think Don Lemon has known from being famous and went to the right school and worked at a company called Sienna. It's all he is. Nothing more, nothing less. Nothing. No, no. If you talk Chris Cuomo, he had influence. You know, if you talk, he's not moving the book. No, he's not nobody wakes up and let me see what Don Lemon has to say about who I should vote for. No one said that. They said that by Chris Cuomo. No question. Not down lemon. Not down lemon. They're not in the same league. So let's go to the next story here about Lexi Media Company's enter dark times after failures, mountain Netflix rises again.
Starting point is 01:37:00 Let me see here. Lexi Media Company's have struggled throughout the first half of 2023 with Disney, Laying Off, 7,000 employees. Its largest picks are movie under performance while Warner Brothers discoveries also reducing its workforce and dealing with internal issues. It's been a bumpy ride for Disney. Warner Brothers, Disney is Laying Off more employees. It just keeps getting worse. And, internal said that, Rich Greenfield, a lightshed media analyst said that,
Starting point is 01:37:25 media, meanwhile Netflix thrives with investors excited by the potential of new signups as it cracks down on password sharing and is predicted to benefit from ongoing Hollywood work shutdowns. Investors have once again become excited by Netflix's future prospects. The beneficiary of Hollywood work shutdowns
Starting point is 01:37:43 will likely be Netflix, despite the possibility of reprived of legacy media due to potential advertising, gains in the 2024 U.S. presidential campaign. The future looks bleak due to lack of growth narrative and hurdles and consolidation. There's currently no strong growth narrative for legacy media and consolidation prospects are murky. Tom, what's going on over here? Well, let's start with that last sentence. There currently no strong growth narrative. Guess what? All the households that could possibly have cable have cable and they're running in reverse. So one of the ways you make money as a legacy media company
Starting point is 01:38:18 is called carriage fees. Carriage fees are all of a set of cable and we pay 60 bucks to somebody, a little piece of that goes to ESPN, Disney, little piece of that goes to CNN, that's called the carriage fee. So carriage fees have peaked and coming down, which means that you got to go online, you have to have a Hulu, an OTT solution. Well, you know, the peak hocks out there, not doing as well as expected, Hulu's gone out there, oh wait, it peaked. Now we've heard it's shedding subscribers. And then Netflix, the reason they're up again,
Starting point is 01:38:45 is because they crack down on sharing passwords and guess what happened? They got a bunch of subscribers. You know why? Because it was just 15 bucks. And you know why? The people with the subscriber, let's say I was letting you borrow it
Starting point is 01:38:58 because you're my brother, right? And we live in the same house and I put on your laptop, so wherever you are, you could watch it. Technically, that's password sharing. Now they've cracked down. Do I cancel Netflix? No, I just say, amen, Vinny, sorry, you can't use it anymore.
Starting point is 01:39:11 Yeah, well, I've been using it for so long. So I have 15 bucks, I'll pay for it. That is what's happening at Netflix. So Netflix has growth to add subscribers where the legacies don't have a place to add subscribers. And what they're talking about consolidation, Pat, they're talking about when Warner Brothers discovery consolidated and then when Disney has ESPN,
Starting point is 01:39:33 BC and all the things they've bought and they consolidated, consolidation is power. That's how Hulu was able to charge us all because it was consolidated ownership of all those channels. So right now, Netflix is coming up. Again, they're adding subscribers, thanks to the password thing.
Starting point is 01:39:48 Now that's only for a season, a year or two from now, that's gonna run its course, and it's gonna be back where are my new subscribers. But, and by the way, all the legacy media, it's interesting what they say, they are praying that would please, please, please, can we get to January 15th of 24 for the first primary so that we can get ad revenues going on our news channels? They're, they're dying
Starting point is 01:40:13 for the election. But that's what's going on. It's, it's, it's not a fun place to be right now if you're an owner of a media company to give you some numbers in the legacy, legacy, but give you some numbers. In the legacy. Legacy. To give you some numbers with that place. Change is coming and there are new media companies coming and new OTTs coming, changes on the horizon and I'll just make something up here. The future looks bright.
Starting point is 01:40:35 Yeah, there you go. Let me give you some numbers Tom. Just, I just looked at Netflix stock ticker and November 2021, height of COVID, their stock peaked $682 right that's the highest it's ever been Six months later seven months later June of 2022 it cratered down to 190 in the last year or so It's now up to 415 when it hit 190 in June of 22 I know you've done case studies on this that That was the lowest it's been since 2017. So it's had these ups and downs since pre-COVID,
Starting point is 01:41:09 post-COVID, but it seems like they're back on the right track right now. Yeah, well the peak for 682, remember, there was an artificial surge that was in a viewership and there was, there was everybody was at home. Forced to be home. That's how you know, you know, legislated to be at home. We can go back to there again.
Starting point is 01:41:27 And then when the smoke clears on that, you know, the post-COVID hangover hit for everybody in the market. And so they're stocking down to 190 was also part of a momentum shift that happened in the market. It's a flunk. And then everything comes back
Starting point is 01:41:40 and they're back at, you know, 450. You know what's funny? Look at Tesla. Tesla was what, one 10 at the beginning of the year and now they're up at 240 you know, 450. You know, it's funny. Look at Tesla. Tesla was about 110 at the beginning of the year and now they're up at 240. You know, what's funny about Netflix, it's almost like the inverse situation
Starting point is 01:41:51 of what happened with the stock market. We all remember there was a stock market crash. It went down 30%, 40% of whatever the number was. Exact opposite thing happened with Netflix. Skyrocket. Boom. COVID ends or six months later Stock market comes back Netflix crashes, you know the tech companies and now it's sort of leveling out to where it should be
Starting point is 01:42:12 That's a great point I'm a leak if you could put up the zoom chart. Oh, man Probably. Oh, yeah exactly same with zoom same exact your your point skyrocketed and then fell cratered Yeah, just stay right here and just go find zoom. Yep. And just go back like five years. There you go. Except, zoom is not coming back.
Starting point is 01:42:33 But then crater is much though. Well, oh no, it has, it tailed out in 2022. Yeah, you're absolutely right. It just wasn't a sharp drop like Netflix. Now Netflix is coming back because there's something to come back on, whereas there's not much something to come back. So what do you think the future of Zoom is at this point?
Starting point is 01:42:47 Does it need another pandemic in order to reach the heights that it was? I mean, honestly, I think Zoom probably needs to check from somebody that wants to consolidate. Yeah. Gotcha. They should have sold in 2020, right? When they peaked like two, like two, like two, then what if, what if two, what if Google, what if Google buy zoom and puts it into Google docs and to Google sweet they're right Microsoft you know tried this
Starting point is 01:43:10 already and they already remember they bought the first zoom zoom 1.0 that teams Skype Microsoft teams but now they have teams yeah Microsoft yeah they have the technology and teams and it's so so let's do the last story here in rap of Vinnie I'm coming to you with this one year new court documents reveals more about Epstein's relationship with JP Morgan chase Yeah, what's revealed a deeper relationship between Jeffrey Epstein and JP Morgan Chase with prosecutors filing exhibits containing hundreds of new emails The bank accused of facilitating Epstein's child sex trafficking operation and has been criticized for slow document production. The involvement of JP Morgan, CEO, Jamie Domenon, Remesa Central remains a central question. While an email implicates him in approving a $120 million transfer, the bank claims diamond
Starting point is 01:43:57 was unaware of Epstein as a client Epstein has direct contact with multiple bank employees, including Jess Staley, the head of the wealth and later investment banking divisions who received business advice and connections. Move by it. No, I'm Gucci. Staley allegedly supplied Epstein with confidential information and favors in exchange for bank, turning a blind eye to his sex trafficking conviction. Staley's association with Epstein led to his resignation as Barclay Seal.
Starting point is 01:44:25 Vinnie, what do we know about this? It's like, right, just when you think that Epstein stuff is like dying out or something's like gonna stop, it's like, it keeps coming. It's like Epstein saga. Anything that has to do with covering up this pedophilia ring, it's happening.
Starting point is 01:44:40 Like when he got suicide in jail, it's like a bad murder mystery. The cameras were off. People weren't looking. The driver did this. By the way, JP Morgan and Jeffrey Nepsine emails were released and now Pat, this was a couple of days ago, they mistakenly JP Morgan.
Starting point is 01:44:54 Mistakenly deleted 47 emails. The Security Exchange Commission fined Chase only $4 million. How convenient. All the business records, which are supposed to hold for three years under the SEC rules were deleted. Data from January 1st to April 23rd, 2018,
Starting point is 01:45:11 they were deleted in June 2019 from 8,700 mailboxes, including those belonging to as many 7,500 employees. And it's like, Pat, and then a random, I swear to you, I was telling Rob this, I was waiting for somebody to either Accidentally passed away or something like that Jim crown who's a board member of JP Morgan chase died on Sunday in a random Playing crash and let's not forget Pat. They just paid chase $290 million for all these all the situations with everything with the
Starting point is 01:45:43 Where was it? But Rob were the island and all that situation. It's hush money. They were hoping that that money would have everybody shut up, but it's, and again, going back to the, they're in on it, Chase Bank is in on all this shit with Epstein and now what, they just, they're being accused. They're being accused of a pat,
Starting point is 01:46:00 they're paying these little flat, $200 million is nothing to chase bank and then again we're accidentally you miss the point to ninety million dollars sell a lawsuit alleging it knowingly uh... benefited from the right-clined jeffery up to six traffic according to a court filing to stay lawyers of epstein's victims father uh... notice of settlement in Manhattan saying the deal has approved the deal
Starting point is 01:46:23 to another go to class of women who claim to have been victims of Epstein as much as 30% set aside for their lawyers according to the filings to 70% went to the women. Wow. And again, this is a rush. Vinnie, let me type. I don't know, man. I don't know if people think that banks are willing to turn a blind eye to this type of
Starting point is 01:46:43 stuff and throw their morals out the window for money. I don't know if banks these days are willing to put profits ahead of people. I don't know if banks are willing to do that. There's been no indications that banks like this, like Deutsche Bank or Wells Fargo, or any of these banks are willing to basically throw all their moral convictions out the window for a blank check. Vinnie, I'm not sure where we're going with that. And my runch, I don't think that these banks would ever, ever do something unscrupulous
Starting point is 01:47:14 like that. Oh, we've had the big short now. We have the big screws. Yeah, the movie's coming. Yeah, it's just, and again, we talked about this for how many weeks about accountability. They're not going to do $290 million is nothing. This whole situation with kids and I'm going back to that. The war, the war of good and evil, evil is just kicking out.
Starting point is 01:47:34 You know what I always say? Follow the money, brother. I mean, there's got to do some money laundering and washing it around. And if some of the Epstein people are willing to basically whitewash $300 million whatever the number is, they'll be a bank willing to do that. I guarantee you that. Well, I'm with Chase and I'm gonna be leaving Chase
Starting point is 01:47:52 very shortly. No, I think what you also see here, what was it? $40 million was the supplemental fine for the... No, four million for deleting 47 million email. Mistakenly, somebody said whoops. You know how that works?
Starting point is 01:48:05 It goes like this. You're my attorney. Hey Vinnie. Yep. If this is kind of weird. So if these emails get out, what's the penalty? Well, they already did $290 million. Could be another couple hundred million dollars.
Starting point is 01:48:20 Yeah, but what's a fine from the FEC? For basically, for million-ish, not too crazy-y. Okay, well let's just add's a fine from the SFC for basically four million ish not not do crazy why? Okay, well, let's just okay We'll just add that to the cost of the suit and let's let's do it. We have to okay So just pull the trigger happens every day and whether and by the way It's sad, but this is part of the corruption and the two levels of justice that we have in this country You know the wealthier able to make these decisions, hide behind it, install the suit, all these things like this, and evidences, you know,
Starting point is 01:48:51 withheld, destroyed, and things like this. Sorry to be a downer, but let's just talk about what the reality is. And to your point, you made very loud and sarcastically, you're absolutely right. They're like, you know, what can a business are you in? Well, I do this in this this and I do this in this. Anybody knows the story of Pablo Escobar, they know there was two regional Miami banks and basically the central bank of Panama
Starting point is 01:49:12 that were turning a blind eye to Pablo Escobar because they had massive deposits that the bank took in Miami, massive deposits and then they were loaning nose out as home loans and car loans and had very fine little business because you need what assets to make loans. Yeah, it's no secret. It's a dirty little secret down here in Miami that Miami was basically built on the cocaine smuggling.
Starting point is 01:49:35 You wouldn't say you wouldn't say, you know, got it. Okay, gank, we'll come into the end of the podcast. We got this Thursday. We're flying somebody out that's gonna be out here to talk about the ins and outs of what's going on in Russia and Ukraine. And this guy is the expert to do so. So I can't wait for this Thursday's podcast.
Starting point is 01:49:54 Stay tuned for that. But at the same time, four to July's around the corner. And we have our military merch dropped that we're about to do. The new future looks bright hats that are here with two options for you, with the black, water, white, and the Future Looks, Bright here, Tom.
Starting point is 01:50:08 And then, Second. Are you trying to do a military song over it? I'm the halls of monsters. Right, I've got it. So we got this here, and we got a bunch of other things that's going to be out there for the drop.
Starting point is 01:50:20 So for those of you guys that want to participate in this text-award merch, to 310-340-1132, text this text award merch to 3103401132 text award merch to 3103401132 we will see you guys on Thursday. Take care everybody. Bye bye bye.

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