PBD Podcast - Home Team | PBD Podcast | Ep. 295

Episode Date: August 17, 2023

Today on the PBD Podcast, the Home team returns! Patrick Bet-David, Adam Sosnick, Tom Ellsworth, and Vincent Oshana will discuss a wide variety of political and economic current events. Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://www.masterworks.art/pbdpodcast Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: masterworks.com/cd Get Your Tickets for The Vault 2023 NOW ⬇️⬇️ The BIGGEST EVENT in VT History! *TOM BRADY, MIKE TYSON & PATRICK BET-DAVID on one stage!* https://www.thevault2023.com/vault-conference-2023?el=YTPODHTEP Subscribe to: Adam Sosnick - @ValuetainmentMoney Vincent Oshana - @ValuetainmentComedy Tom Ellsworth - @bizdocpodcast Want to get clear on your next 5 business moves? https://valuetainment.com/academy/ Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Text: PODCAST to 310.340.1132 to get the latest updates in real-time! Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry.

I'm sorry. Did you ever think you would make it? I feel I'm supposed to take sweet victory. I know this life meant for me. Yeah, why would you plan on the life when we got that day? That value came in giving values, contagious world on entrepreneurs. We can't no value to hate it. Howdy run homie.

Look what I've become. I'm the I'm the one. No, no, no, no, no. Okay, so guys, it feels like it was a month ago or two months ago, but actually the last time we did a P.B.D. podcast, home team was July 25th, which is more than three weeks ago. I almost, we don't even know each other. What's your name?

Great to meet you. Patrick Beton, great to meet you. Great to meet you, pleasure, and Mr. L's word. What's your name? Tom. Tom. You're an Adam. Hello. Great to meet you. Hey, P.B.D. podcast folks out there. It's great to What's your name? Tom. Tom, you are Adam. Adam, great to meet you. Great to meet you.

Hey, P.B.D. podcast folks out there. It's great to spend some time with you guys. Great to be back. We got a lot's happened. A Kabeep, Nora Muhammad interview I did. Habib UFC, which will be released. I think Tom, I saw the print, the what he called it, intro today.

I asked him a question. I think this clip, two clips that I asked him about Habib. I think those two are gonna be intense. One of the one I asked him, I said Habib in the US, we have about a hundred plus genders. How many genders you have in Russia? It's a very interesting answer. He gives, it's technical.

And then the other one I asked him about, he loves Michael Jordan, and when he watched Last Dance, in the documentary, Michael, when his father dies, he steps away from the game, but he comes back to win three more. I said, when you watch that documentary and you got emotional, I did it, inspired you want to come back and win one more for your dad. You have to wait for that one. It's going to come out here soon.

We got a good time. Vegas was great. A lot of stuff going on. We had great meetings in Vegas with a bunch of different people, but we got to get into some stories because a lot has happened the last few weeks. One, Snow White is pissing a lot of people off saying she doesn't want, she's not gonna have a love story with another man because she wants to be a leader

and she was crying yesterday because we were hurting her feelings after she said some stuff. He's a stalker. He's a stalker. He's a stalker The stalker so Rachel you're 22 years old. You should be able to take it No one asked you to go into Hollywood. No one asked you to call out people who have for decades Love the brand of Disney until recently. So yes, you are gonna get called out by them and today We're gonna talk about the Michael Burry, okay from the movie big short to talk about the Michael Burry, okay, from the movie Big Short. It makes a 1.6 billion dollar bet against the stock market.

The last time he did that, everybody called him absolutely crazy until he was right and they made a movie about him. So we don't know if they're going to make another movie about him right now or he's going to be wrong. The CIA, China says something about the CIA. I want to play this clip for you guys here in a minute. You got to see it. Target reports first quarterly sales drops in six years.

The first sales drop in six years after Pride Month disaster. There's a new movement going on. Yang, I don't know if you guys want to subscribe to this movement. It's called the Mita Stay at Home Dats. They are on the rise as more men drop out of work and skip college. This is an insider story. Tom's got some feedback on the rise as more men drop out of work and skip college. This is an insider story.

Tom's got some feedback on the Tom on the pen ESPN deal with bar stool, Dave Portnoy, who bought a back for a buck. We'll talk about that ESG SMP. Guess what? They're scaling back on debt ratings and they're no longer saying, we are looking for your ESG score, which means we are making some progress, folks, with all of you talking

about it, sharing whatever content you see, this is good. Heart attacks at record level after pandemic, the telegraph. This is deeply concerning way to see the numbers. We have to talk about what happened with Trump, the charges, Georgia, a lot of people are concerned, some are not. The camp is getting more fired up about wanting him to get into office so he can get back to what these guys are doing with the DOJ weaponizing it against them. Again, we'll talk about that today.

Ron DeSantis may have gotten his biggest endorsement ever. Don't say who it is. We will comment on the one the big, this is possibly the biggest endorsement. When this person endorses you, you know you're doing something and wait to see who it is. We have to talk about the genocide that's going on or Armenia with Nagorno-Garabakh with what Azerbaijan is doing, devastating stories that

I'm hearing from there. Former Biden senator told him he'd kicked a shit out of him. He said it to him when he touched his wife. He said this on a TMZ show I think last week or a week and a half ago. Then we got a bunch of other stories, Americans, credit card, dead record breaking. I got two day, two numbers I want to show you about traditional TV and streaming. What's happening with it? The video of what happened in Topanga mall where we had our office right across the street,

that was my number one multi-go shop. And they stole $300,000 worth of stuff out of Northstroms. Wall Street Times got an update for us with commercial real estate and Anheuser Bush. We actually had a chance to meet the CEO of Anheuser Bush. Last week, we didn't know why it, at the UFC, a super slap event that we went to, which was something else.

Okay, so let's go into Michael Burry. Tom, Michael Burry makes a $1.6 billion bet against the stock market, which has got a lot of people talking. So, Michaelbury, famed for predicting the 2008 financial crisis in a big short has positioned bearish bets against the US stock market. He purchased put options against $739 million in Invesco, QQQ, trust ETF shares, and $886 million in SPDR, SMP ETF shares, signaling a possible market downturn.

Burry bets indicate a defensive stance as put options increase in value with declining stock prices, while exact amount risks aren't disclosed due to filing limitations. Burry previous high profile predictions lend attention to his market actions. Despite a history of accurate predictions, such as shorting tech stocks during the dot com bubble, some bets like his short position on Tesla in 2020 have misfired. Burry's recent options moves against the market could be part of a broader strategy that isn't fully evident from the filings. Tom.

Well, Michael Burry, interesting guy, a lot of credibility, subject to the big short, he was in there, prominent figure, and he's known as a contrarian. And a contrarian looks for markets that are out of sequencer that are overcooked, and they play against him, just like you might call him a bear. And so he is a history of this looking for overcooked things. So it's not really a headline that he's a contrarian. And this is a defensive move. So he might have $3, $4, $5 billion of total investment.

He's put in 1.6 against the market. And what's interesting to see, he's putting it at the S&P 500 and there's a lot of people including me that think that's a little overcooked because 92 of those stocks are kind of stuck, but seven of them, remember they were calling the magnificent seven Tesla. Yep, yep, yep, is that the only thing that's been in the S&P 500 was the Tesla bounce up, it was number one because it went from like 110 to 220 where it is now, it's 265, a week ago. And that magnificent seven carried it.

And so he's saying, I don't think the magnificent seven can keep doing this quite so long. And so I'm gonna bet against it. So when he bets against it, he thinks it's gonna air out. But he's had a history of defensive postures, and he's been right more than he's wrong, although he did trip on Tesla in 2020, but he didn't lose a huge ton, but he had to back out of that position. So, but when Michael Burry says, hey, I'm thinking it might rain tomorrow, it's never a bad idea

to buy an umbrella. Let's take a look at what happened to SMP yesterday. That means this is a slight drop, nothing crazy. Rob, can you go to the greedy index that Adam always talks about whatever that index is? We're greedy index. Oh, Google, what would you think we are right now? I already know exactly where I am. It's greedy. I think it was 60, 70%. It's actually neutral right now.

Oh, well, that even. So if it's neutral right now, he's making a position like this. I don't know, look, this is not a hundred, no one in the market is a hundred percent free throw shooter, no one is. But this guy, if he was a free throw shooter time, he's like a mark price. And some people don't know who mark price is, I'll give you more modern day one. He's like a Steve Nash, Steve Nash, 92% topic.

He's up to, I have a good exact numbers. But when he's calling shots like this, people listen, go ahead Tom. Hey, Rob, can you pop that back up real quick? Pop it Rob. Since the Fed added the other quarter point, one month ago, extreme green to 80, one week ago, 62, now 51.

So there is a sliding market sentiment coming out with a lot of consumer stats. We'll talk about housing, a few things later. But Pat, there's a lot coming out with that interest rate raise. And you can see over the last month, the index has definitely sliding back. I'm just adding to that. So we've covered Michael Burry in the big short here. Multiple times open invite to the podcast, Michael Burry. You're allowed to reveal yourself. You know, I think he founded as company was called what Sion Capital became famous.

It was Christian Baal that played in with the weird haircut in the sandals. And the eye. So he's Christian Baal also has an open invitation. There you go. Thank you. Great plug right there. Yeah, as much credibility as he has,

you know, he's not an austrodotmos, he is more right than he's wrong. Even more so, what's more telling is, you know, burry, making his prediction, someone who has, I believe, has even more credibility than Michael Burry is Warren Buffett. And Warren Buffett was, you know, how much cash should he have on reserves or in COVID, like almost $ hundred billion dollars, something insane. Yeah. He played it right. I mean, he's got a track record beyond anybody. What was interesting is that Berkshire Hathaway's company actually sold, I think, eight billion dollars of assets recently in the Q3. So in Q2, they were acquiring assets and Buffett actually was selling off. So

If you don't believe necessarily Michael Burry's prediction if you want a little more weight to your argument Warren Buffett got some things to say about this Important note the S&P is what up 17% this year. I want to say the NASDAQs close to 30% some of the ridiculous Burry Shorted the QQQ, what is that? That it's sort of a NASDAQ ETF, right? So what goes up must come down, S&P. He shorted that as well. The spider ETF.

So Fed has been sort of pausing their rates for now. We'll see what they do. We'll see what Jerome Powell does. Inflations somewhere in the 3% neighborhood when it was 8%, 9%. I don't know, year ago, so the economy, inflation, unemployment is, I don't know, navigating their all-time lows,

three and a half, or sorry, around 3%, what is it, Tom, 3.0%. So, there's a lot of information to process here. So it's good stuff to take note of as I think would have come down to the side. So that's what I'm, the average Joe here's something like this. What do you tell the average Joe like that? This guy's betting against the market.

Well, with some guy that wants to jump on board with this thing, like how would you go about it? Well, I think if we could just learn lessons from the last two major downturns in the market, which was 2007, 2008, boom, by 2010, the market roared back and we went on a, what, a 10-year bull run until COVID. And then COVID, we lost what? 40% and then six months later, we were at all time highs. So ultimately, if you play the long game, you're gonna be fine. So but for older people,

if you're not in cash or bonds, if you're still stock heavy, or if you have like company stock that you're all in on, be very weary. Not you. Play the long game if I'm you've been- If you're somebody that's the average person, don't get too crazy about it, it's gonna be fine.

Let me go to the next story. Wall Street is ready to scoop up commercial real estate on the cheap Wall Street firms like Conan Steers, Goldman Sachs, EQT Exeter, Exeter, and BGO are raising billions to buy this-dress commercial real estate, including office buildings and apartments that are fraction of a previous price

to plummeting values. Factors such as interest rate spikes had led to a 10 to 15 percent drop in commercial property values, with potential for further 20 to 25 percent decline. The stress property volume surged by 8 billion in Q2 and biggest quarterly increase in 2020. Owners like Clareon Partners and are now offering offloading properties in San Francisco office towers that sold for $41 million

after being purchased for $107 million in 2014. Eight years later, it sold for $66 million less. Small investors attracted a by non-traded reads. A hundred billion raised in seven years are targeted, but institutional funds would $145 billion for investments, post competition. Tom. We know it's really interesting about this. institutional funds with a hundred forty five billion for investments post competition we know it's really interesting about this member when everybody was saying black rock is buying up neighborhoods they're buying up small homes and

they're gonna be your landlord for rent member that yeah earlier this year well guess what they've turned their attention to what is being known as the regional banking crisis and original banking crisis is the people that own a lot of the Regional Banking Crisis is the people that own a lot of the paper on these buildings in Los Angeles are very significant regional banks that are in California, similar to San Francisco. And so the big guys, the PE money and the big banks are just saying, I'm ready to raise my market share and overall real estate

and raise the market share in my portfolio. And I'm just waiting for the small banks to be in trouble. And I'm going to come and buy that paper from them at pennies. And I'm going to own the commercial office space and see if there's an increase in the future. But right now, what we're seeing is the commercial real estate is crashing.

We've been seeing it. And now the big banks are about to step in. So the underlying story of PBD is the big real estate is crashing. We've been seeing it, and now the big banks are about to step in. So the underlying story, PBD, is the big banks are about to get bigger, and the regional banks are gonna get bailed out by the big banks, because the regional banks are holding the mortgages and a lot of those buildings.

Hey Pat, I'm gonna pull a Vinny right now and just ask you, so I understand this information that Tom just broke down eloquently. What does this mean for the little guy? I'm not in commercial real estate, you know, I'm not a big real estate guy What does this mean to the average investor the average person looking to nothing for the little guy? This this means a lot to the bigger guys Our audience, you know, you know when we do the live podcast 85% of our business owners when they come down here

So they're the these are the are a lot of big, our audience. There are those that want to be the big guy one. They meaning they want to be financial fear. They're very aspirational. They want to grow. You know, they're also wanting to question, but there's an audience of ours that is running a business. They're successful.

They want to talk about serious issues in life of politics, religion, finance, money, things like that, but they're sometimes quite as well because they don't want to risk losing their business. So they're coming listen to what we have to say and then they'll go and talk about amongst their peers. This affects those who are wanting to buy a building right now. If you're thinking about buying a building right now,

this is a decent time to buy it. And it may even get better in the next couple months. But I don't think the opportunity is going to be around for too long with commercial real estate. I think right now is a decent time to buy commercial real estate. You know, the people going back to the office, it's gradually becoming like, listen guys,

we try to didn't work, get you about back to the office or else there's a video circulating with Dave Portnoy goes to his office. I don't know if you saw this clip or not, he's walking around after he picks it up and we'll talk about that here in a minute. He's walking on the office. Where the hell is this guy? Where is that guy? It's 10 o'clock. Where is everybody? How come they're not at the office? How many articles did this guy write? Are you kidding me?

The last three weeks, he's only written seven articles. What the hell has this company been doing? Who's been running this place? It's an incredible scene of a founder who put his blood and tears into the company, realizing nobody is working, right? Everybody is getting back into working out of offices, realizing that's not working, we're gonna be remote. Now, having said that, some companies went so far out that they're gonna have a hard time bringing their people

they spoiled into back into it. Like, it's like a father that spoiled his kid so much by giving him everything. Now you want to tell him you got to go work and make your money. That you screwed me up already, bro. The days are fixed and Hunter Biden or behind you can't face on the right. It's done. So that part is game. So I think commercial real estate still got an opportunity. You know, they're like right now my guy, I're talking yesterday to our commercial realist of guys from the guys that we work with here, players. And they said, look, this

is a sublices are wide open, leases are wide open, offices are, you know, open for the price tag that you want. We're looking at a bunch of different places with here, Pompano, 10 mile radius, of course, Mayor Suarez would like us to move to Miami and bring by him and back to Miami. But it is a good opportunity for buyers, time I see your aunt. It is a good opportunity for buyers and what do you call it? For buyers and those that want at least, but I don't think this is going to last a long time.

So by the way, if you have a white color business, mid-size white color business, and you're looking for office space, now, I mean, PBD, you could practically do a how-to on this because we went through this, what you do have to do on this. We could both do a how-to on this that you could take advantage of the opportunity right now to lower your lease cost on your business.

If I was looking for 2,000, 3,000 square feet right now, that's probably tough, but I'm looking for 5,000, 7,000, 10,000 square feet for mid-sized, white-collar business, there are deals to be had in your city. You're absolutely right. And if there's only two years left on your lease, call them on the phone and says, be in my office and return this into a five-year lease,

but we're dropping the price. You know, it's crazy when I lost my lease, when I lost my lease years ago, when the tenant comes in from sunshine, real to in granadials and she says, you're parking 200 people here, I'm getting fines and tickets from neighbors. We have to kick you out.

This is a small space of 3660 square feet. You're evicted. They kicked the side of this office and Grenadios. I went around knocking on two, three, four, 500 offices to ask who sub-leasing until somebody gave me an office lease and I was in that office for three years. It was one of the best decisions we made, went to 8550, blah, blah, blah, blah, blah,

in Northridge. But today, sub-lease opportunities are everywhere. Penies on a dollar and you can ask, I want it to be all in, leave your computers, leave your desk, leave your conference from leave the projector. Everything you did leave it in there for me, I'm gonna use it.

So we're gonna come back to this day, Portna video here in a minute. Matter of fact, if you did, leave it in there for me, I'm gonna use it. So, we're gonna come back to this, they port in our video here in a minute. Matter of fact, if you just wanna play it right now for a census 30 seconds so the audience can see it, here's port in our coming back to the office. How stupid is this fucking company? Like I bought it, I owned it back for less than 24 hours. It what time is it right now?

9.45. 9.45. No mind. We've got a couple people over here. Two people. These motherfuckers don't show up. I'm only in office for fucking week. They're mine. What the fuck are these idiots doing?

9.45. Look at this. This is, you got to be the dumbest motherfuckers in the world, not to show up here. I gotta be there early today. What fucking idiot? Broke every HR, you know, rule out there, but respect to him as a founder for doing that. Is he based in New York?

Is that what they're based out of? Yeah, okay. Yeah, how is this still a thing? Even in New York, how is still work from home still a thing? Oh, like the Biden administration basically said COVID was done in May. We all knew it was done well before that. How is this actually still a thing?

And then he did a video, he did a follow video about where he just has a camera set up and he's doing the time of everybody coming in. Eight, 40, nine o'clock, 10, 30. I have freaking love it. It's a company. You know what idea I would, well, anyways, so you know how there's this thing called glass door.

Okay. What's glass door? For people to go out and write about you, the company, or Yelp is you, the business. Where is there a glass door for employees? There you go. Where is there a glass door for employees? If you're listening to this,

if I had less businesses we were running, we would develop that software and technology so everybody is being talked about, but there's many employees that are absolutely terrible employees that should get their glass door ratings to be out there, where people realize if I'm hiring this guy, this guy doesn't come to the office on time, doesn't do this, doesn't do that, there needs to be a rating on them. So this is a great example of a founder that's sitting there saying, what the hell you guys doing at 9.35, not coming to the office? I respect what he's doing.

And I would assume for a guy like that, either the guy's gonna show up. Some of them are gonna say, screw you and go talk shit about him. But a guy like Dave Portney ain't going away anytime soon. He's gonna be around for a long time to come. By the way, very happy his back to run bar stool because to me, bar stool doesn't make sense without Dave Portnoy It's a brand that's very much together. It's great to seem being back

Before we go into the bar stool story and The biggest endorsement around the census god. I want to give a quick shout out to our sponsors your masterworks gang At this point in the game. There's a couple things. I want you to be thinking about I've done very form for myself on alternative assets. I'm not talking about real estate. I'm not talking about stock, bonds, mutual funds, crypto. I've owned all of that stuff.

I've owned gold. I own precious metals, all of those things. But when it comes down to alternative assets, I'm at a Goldman Sachs event and are folks in what he called it, Miami art basil, the entire conversation was about how many these people are investing into expensive art, you know, $5 million, $10 million, the other day you see a story about Jamie Diamond's

art collection, Rob, if you can pull this up, Jamie Diamond, the CEO of JP Morgan, you know how big his art collection is? He's got a $900 million art collection. Jamie Diamond, why does he have a $900 million art collection? Now, somebody may say, I don't have that kind of money. I totally get it. I didn't start off with a lot of money either.

What masterworks allows you to do is to buy shares in art like Picasso, Banksy, you know, whatever warhol, that you may not be able to afford to buy $600,000. You can buy 10 shares in it, five shares in it. I love the work these guys are doing. At this point in the game, I think they have $790,000, you can buy 10 shares in it, five shares in it. I love the work these guys are doing. At this point in the game, I think they have 790,000 users with $800 million of assets under management if you want to participate. With these guys, go to masterworks.com, forward slash, is it value, Tame them, wrap, is it

forward slash value, Tame them, I think it's forward slash PBD podcast. Okay, got it. So masterworks.com, 4-Rislazge P.B.D. podcast, once again masterworks.com, 4-Rislazge P.B.D. podcast, and study what they're doing, everything is regulated. Like when I buy baseball cars, they're all graded. These are graded art. So if anything happens fraud-wise,

it's on them because you're protected there. So again, go to masterworks.com, forward slash PBD podcast will put the link below for you as well. Having said that, Tom, what's going on with Penn and the structure with what Dave Portnoy did? I'm gonna go to page five, you read this, I'm gonna give it, hand it over to you. So again, Dave Portnoy, pen ESPN deal allows bar stool sports founder

Portnoy to buy back for ready one dollar to buy back for a buck. Dave Portnoy co-ordered back for dollars from pen for dollar from pen and Artem and ESPN deal after having initially sold it for 500 million dollars. The move was seen as a strategic step to ensure the company's long-term viability with port noise anticipating two or three more decades of success. Penn Entertainment has previously acquired 36% stake in bar stool sports for $163 million in 2020 and later completed the acquisition by buying the remaining shares for $388 million dollars a subsequent 10- year $2 billion agreement. Would ESPN let to the remaining renaming of bar stool sports as ESPN?

Bet Port-Noir acknowledged respect for the pen team while highlighting the content. Limitations posed by regulated industries. Tom, a buck, $500 million to buck, what happened to you? Okay, let's dive in because the headline is entrepreneur buys company back for $1. And everybody goes, wow, how did that happen? Well, it's not what it seems. So once upon a time, Penn Entertainment, as you just said, bought 36% then they bought the rest.

So now they own 100% of barstall sports. Step one, step two, they said, let's get into OSB, right, which is online sports betting. DraftKings has about a 35% market share. Fandool is about a 30% market share. MGM and Caesars, each share about a 25% market share. ESPN's wanted to be there because over the last five years, what have we seen? The sports leagues have warmed up. Remember when they thought that Draft and a fandule were radioactive?

We can't have betting logos on the outside of the outfield walls and in football stadiums. Remember they were all nervous about this? We can have gambling that close to it where you're ordaining fantasy sports where we're making happy bets between guys now you're just doing the full thing. So the leagues warmed to this, which meant that OSB was growing like a freight train. Last year it was 1.6 billion five years ago. It was barely 400 million. So online sports betting running. What does that have to do with bar stool? Pen bought bar stool to create the bar stool sports book, which they successfully created. But when they went door to door to regulators in

every state. Now, Pat and I know what this is about because in insurance, you have to go door to door in every state for a thing called the DOI, Department of Insurance. Well, there's similar departments regulating gambling in the states where it's legal, or it's not just legal at Indian casinos, it's legal throughout the state. They start going door to door and they're like, you have a compliance problem. What's a compliance problem? These bar stool guys have like nine podcasts. They talk about fantasy. They talk about was the game fixed, was the ref high. You can't be saying that with your left hand

if you're running a sports book with your right hand. You follow? So they kept telling Penn, they got into, I think it was Pennsylvania, they got into, they kept trying to get in and Michigan, Michigan gave him a hard time. So what Portanoia is saying content limited Tations posed by regulated so Penn is pulling a tear out because it can't get into OSB and get the licenses in the other states

So what does it do? It's looking for somebody that wants to get into OSB Maybe somebody who's restructuring laying off talent looking for new revenue ESPN and so for new revenue ESPN And so they go to ESPN and they said hey, I got an idea I Give you a hundred million of this a year and that was the $1.5 billion they did so for 10 years There's a billion and at five hundred million dollars in warrants in the words to buy more So I'll give you ESPN 1.5 billion. We'll rename this ESPN bet, which you would

never have thought would have happened five years ago. But now ESPN is in OSB. And the regulator said, okay, we'll listen, I'll look at your application. If you have a more controlled ESPN brand, but what are you doing about these bar stool guys? Penn said, I'll be right back. They went to Dave Portinoise, Dave, buy your entire company back for a dollar. On all the corporate docs, you have 100% control, and you have a, and it's all you. We do not own, we're not on the board, we're not there. However, I need you to accept and sign this option agreement

that says if you ever sell the company, you'll give me 50% of the proceeds. In exchange, you can't say anything about me and there has to be a non-compete that you'll never work with any other OSBs. You understand. So they can never do gambling. Yeah, so barstool sports can talk fantasy all day long,

but they can't disparage pen or ESPN and they have things they need to do. So if Portninois ever sells, he gives them 50% of the money, but far as the regulators are concerned, that $1 decouples Penn from Barstool, so they, and new, BFF, ESPN, can go to all the regulators because they want to slice of it.

So did Portinois get control of his company and the full board and everything back? He sure did. But technically, you and I both know how equity works. Technically, Penn still is in for 50%. And if he ever sells, they get 50% of the money, but they don't talk to them. Let me get the straight. So he can't do anything with gambling, moving forward. No, he could talk fantasy sports, but he can't do OSB at all. At all. The bar stool sports book that we've seen in casinos goes away,

new signs of the app. So can you Google what percentage of the revenue was from the bar stool to OSB? What percentage of the revenue did bar stool make from their OSB? It was relatively new and they were only limited number states. I don't have the dollars,

let's see if Rob can find it. And Tom, it's gonna be called ESPN Betnell. Correct. Got you. Yep. Wow, I can't believe that they're gonna do it. So, Port Noid does have full control, full creative control. He's got the board.

He can do whatever he wants. He can't get into OSB. That's all it is. And he said, I'm not worried about ever having to give up half of the company. I'm never selling. Yeah. Yeah.

I mean go for it. Yeah, I just think for a larger context, I think the story. Oh, there you go. So bar still, I'm sorry. So fan will accounts for 47% the national OSP parent company flutter said Wednesday with draftings and second amongst 35% bar still sports book market shares roughly 5%. That time that 5% is still a lot of money though.

That's correct. That's 5% that's gone. No, yeah, bar stool loses that. That is now pen and ESPN bet have got percent of the market. So it's almost like somebody buying our insurance company and giving it back to us and saying, hey Pat, I'm given this insurance company back to you but you can never ever sell an anewdees again. Never.

Anewdees is not yours. That's the one, I don't care what you do with security stocks, insurance, you can't touch anewties. And I'm not on your board, but if you ever sell Pat, this coupon right here says, you gotta give me half the money if you ever sell it. I got it.

Okay. So that's how Penn's protecting itself to get its money back someday. But Port noise said, I'm never gonna sell this. So how about, they have a $50 million EBITDA in a year. You know, he wants to pay himself $20 million, Penn can't say nothing.

Nope. If he monetizes it, takes investors, or if he sells, they get something. So the 50% is only on sale. It's not on EBITDA every year, profits. Correct. It's monetization. Good for Dave.

So Dave got also, yeah, good, so both parties win. That's right. I actually think this is good, and they're hedging themselves that they're going after the bigger victory for themselves. They're betting on someone that's going to make him more money than bar stool. Okay. So they're bidding on a corporation instead of a founder. This is when the founder partner is going to go prove to the market. You thought I was going to make money just with your betting stuff. Watch what I do here. This is why I got it. You got to love capital. And then it's gonna be a good show on X510 years. And by the way, if you're Draft Kings or your Fandall, are you sweating this morning? Because now ESPN has been given a $100 million a year

and a very capable partner, 10 to go after that market. And I love how that goes in the office. And now he's like, everybody get your ass to the office. I'll just add that I actually really appreciate the trajectory of barstool. So it was founded in 2003, right? Everyone thinks that the end of the office. I'll just add that I actually really appreciate the trajectory of bar stool. So it was founded in 2003, right? Everyone thinks that the internet in 2012, 2013,

Instagram founded in 2003 in Little Town in Massachusetts outside of Boston. Jewish kid, Port Norway by the way. Really? Yeah, there you go. You know, those Jews in that money. Oh. So I think it's just really impressive. So 20 years later, so what happened? by the way. Really? Yeah, there you go. You know, those Jews in that money.

So, I think it's just really impressive. So, 20 years later, so what happened? 2003, he starts this. It's a little newspaper. They're talking fantasy football. Interviews gambling. It's just a little thing. Whatever.

Boom. The internet happens. Basically 2007, I think they take it to AOL. They're on the internet. Boom. 2012, 2013. They're hitting Instagram. Boom. Saturdays are for the boys,

everybody knows that Tom. And they just start blowing up and their content is just cutting edge. It's awesome, it's funny, it's hilarious. It's more than just sports, it's pop culture, hot chicks, all right, all good. And to see 20 years later where they're at, it is really impressive. And they're obviously making a bet on him for another couple of decades. So I think to circle back to this, you know, how they say one bite, everybody knows the rules.

For sure. One dollar. And pen game and knows the rules now, homie. It's also very interesting, as there is an evolution point there for Dave Portinoi, I thought was brilliant. From about 2017, 2021, they had their own channel, channel 85, on serious. And they were programming it in 24-7. So they had our so they had our programs programs programs programs programs programs all kinds of things and When that deal

Clunked in 21 that's where the rest of their podcasts came from they converted all of those radio shows to podcasts So that's what made Barstall sports suddenly one of the largest podcast publishers and That's where the part of my take came. And that also is where they kind of hit some bump. He found Caller Daddy, right? That's their podcast. That's right.

And like many media companies, some of his talent became free agents. Caller Daddy became a free agent. She went somewhere else. And also actually there were two of them, one of them jumped off the show and then the other one went by herself. And then the other one was,

he was doing a live show at the Super Bowl in 2017 and he had Pat McAfee, symbolizing his announce, he was retiring as a punter and starting the Pat McAfee show and he was on bar stool for two years. And then he went off and he just got, I think it's $30 million a year from a... Yes, yes, yes, yes, yes, yes, yes, sponsored by Fandall,

delivered now. So, Portnoy is, it's a beautiful evolution. If you only see the guy that's raiding pizzas and being rough around the edges, you know what, that is a facade and inside there, there's a very, very shrewd guy and his CEO, Eric and Nardini, is not to be trifled with.

Really impressive people. So let's go to this here. I'm gonna transition into this, which is fantastic. Okay, so Rob, do me a favor, Rob. Can you pull up the chart of what streaming and cable did? Not this one, the other one that Brandon texted you. What streaming and cable did just last year. Okay, last year July of 2022 was a very historic month.

Here's why. That was the month where officially streaming, Rob, if you can go back on the screen, that was the month where streaming passed up, no, no, no, you go back where you are, you're good. I'm just saying put your mouse on, yeah, right there. That is the month where streaming passed up cable.

So if you look at cable it was going down. This is a two-year chart from 21 to 22. It went down, it went down, and went down. So boom, it hits 34.4%. And streaming goes up to 34.8%. Now, before you go to the other one, let's stay here. A year later, to see where streaming goes and where cable drops, how big of a difference would you think would happen? Just one year. If you go to the next charge that the reports just came out with as the following,

when you go here, you now see, streaming went to 38.7. So the lead they had was only 0.4%. They go to 38.7 and cable drops to 29.6. What's the difference there? Roughly 9.1, the separation in one year. That means you're going from, you know, first quarter to second quarter, you got a, you know, touchdown lead, all of a sudden you got a three four touchdown lead in one quarter. So this goes to 38.7 at the top is what? YouTube Netflix, Hulu Prime, Business Max, Toobie, Peacock, Roku, all that stuff, right?

Cable getting crushed. However, what is keeping cable? What happened? No, nothing. Yeah, what's keeping cable in business? So watch. Rob, do me a favor before we go to this, I want you to think about this.

Three things. We're talking to our guys here yesterday, shout out to Brandon Kelly and Elon, phenomenal conversation. We're having with these guys. And here's what we saw. The number one thing, the three things that are keeping cable in business.

First thing is old folks listening, watching TV. They just want to go home and watch Fox, CNN, MSNBC. That's kind of how they get their news, no problem, okay? And there's a timeline to that, you know, I'm 44 years old, I'm not living forever, okay? So old folks are not gonna be around forever when they're watching what they're watching. Number two is sports, okay?

So cable for the longest time has always had sports, football soccer, baseball, you know, basketball, we watch NBA on TNT, we watch, we consume sports. So what's happening with sports lately? Sports teams are now saying, I'm gonna do it myself and not only that, streaming companies are now offering money to who?

Sports deals in saying, hey, bring NFO to us, we're Amazon, bring this to us. So cables like, wait a minute, wait a minute. We thought our only competition was Direct TV and our Direct TV's running out of money, but you guys can't pick this up to streaming. Why would anybody want to watch streaming? And Tom, who one day said, I said, dude,

I gotta watch this game. Tom, how am I gonna be able to watch this game? It says Pat, go on Hulu. You can watch the baseball game on your phone. I was like, what are you talking about? I'm younger than Tom. But when it comes to technology, Tom's younger than me. So I'm like, Tom, show me how to do this.

I go on, I'm like, are you kidding me? You mean to tell me I can watch a game? I say, yeah, Pat, just watch it here. I'll remember this conversation that I had. Because cable went out in your neighborhood. Yeah, because cable went out of my neighborhood. So I'm watching this, I'm like sick. On your phone and your iPad at HD.

But this is the last one. Let me take what the last one is. I want to ask this question. You guys all know the answer to this question except for Rob. We had dinner last night and we had a good conversation about this. Folks, if you're watching this, what percentage of cable TV do you think their advertisement comes from big pharma? What percentage, Rob? I'm actually curious enough for people to answer this. And you won't rob the note, too. Rob, don't look it up. I want you to guess.

What do you think the numbers? What percentage of cable TV advertisement do you think comes from big pharma? I'd like to see what the chat has to say as well. Well, they Googled it already. They got the answer, so. Yeah, guys, don't go out. They randomly guess what I would say above 60,

so 60 to 70%. Go Google it now and see what percentage of advertisement money for cable comes from big pharma. Wow. And wait till I drop this on you on on what do you think is going to happen here next. So if you can pull this up, uh, uh, what's the number 75% rock. Oh my God. 75 and this is as of two months ago drug dealer May 11, 2023 is the article 75% is coming from drug companies Yeah, it's farmas. So check this out. Let me break you to the cable folks that are given all these big-ass contracts to people like ESPN and Fox and CNN and ABC

And a lot of these guys to be honest with you good for them for getting their money But they're getting overpaid because they would have never made that kind of money in the podcasting game Podcasting is hard cable is easier because you're gonna have a script to read Teleprompter 50 people and you piece of paper and research and 17 facts on a piece of paper You don't have that when you're independent This is one when you see guy like Joe Rogan kicking everyone's ass He doesn't have a research team when he go to his office. You know what it is? It's him and another guy.

Yeah. That's Bill, they number one show and all these other podcasts. You watch it. What the hell are these guys doing? Moral the story. Here's a moral the story. It's getting me fired up. You ready for this? I'm ready. You ready for this. Let's go. Hey, if you talk to any presidential candidate,

not that I'm gonna be talking to any of them, but if we do, you never know. You ask me question. Just don't get out there. You know what the question and the commitment that I would have? Here's the question I wanna get from them. Hey, Mr. Presidential candidate.

Yes. Out of nearly 200 countries worldwide, only two of them allow for big pharma to advertise. Which, what are those? It's New Zealand and United States. Which is kind of strange, and a lot of American people are starting to ask the question, why is it that only 1% of countries in the world allow for pharmaceutical companies to advertise us and New Zealand?

Are you trying to say folks in Japan are dumb? Are you trying to say folks in Germany are dumb? Or Mexico or Canada? Or even some of these socialist in Germany or dumb or Mexico or Canada or even some of these socialist companies that you would my countries that you admire Venezuela? You know how about China? Why don't they allow big pharma to advertise? Isn't it deeply concerning to you what it is? What if moving forward? Are you willing to agree as a president that if you become a president you will no longer allow big pharma to advertise on cable TV. And if this candidate, there's one candidate that I know for a fact would say yes and he'd

run with it. You know what his name is? His initials are D-A-T-K. D-A-T-K. Do you know what happens if Trump runs with this? Let me break it down for you. If 75% of cable is getting their money from big pharma and they all supported vaccine and they all supported us taking the vaccine over and over and over and over again, they said

moving forward, you can no longer do it, especially you know why this could happen today because this happened after COVID and people don't trust pharma today. They don't trust CDC today. They don't trust the government today and They don't trust CDC today. They don't trust the government today and they don't trust the mainstream media today. The lowest it's ever been. They don't trust it today. If the president said, you know what,

moving forward, guess what? We're not doing this no more. Big pharma's out. This means 75% of mainstream media companies are gone overnight. Wow. Over night, CBS, ABC, NBC, CNN, CNN, Fox, go to Fox, commercials, MSNBC, their budget is gone.

So these guys that are able to pay them all this money, they're not paying them the money, Pfizer's paying them the money. All these big, pharmaceutical companies are paying them, now that they're not getting the money, they're going to go to the talent and say,, listen man, I don't know, paying you $6 million, we kind of got to bring that to one and a half million. What? Six million is what I've been getting paid. I've been living in this $10 million.

You want me to get out of this house? We can't pay you that anymore bro. We can. I'm gonna leave. No, my car has been paying you that. Then it's gonna be, go leave. We're not gonna go, I'm gonna go to CBS. Dallas have the same problem.

I'm going to call NBC. They also have this. Let me call my manager. I'm going to call my manager from WME. Hey, Johnny, he was laid off. So the moral of the story here is all of the stuff that's going on. You're going to see what it's going to go down to. Here's what it's going to go down to.

It's going to go down to who can sell what it's going to go down to. It's going to go down to who can sell, who can perform, who can get eyeballs, who can get subscribers, who can keep creating content that's exciting, sexy, interesting, who keeps recreating themselves because those who don't, this dinosaur caveman model of how the media's rant protected by big pharma will be destroyed overnight. If a courageous president has the brass to say moving forward, big pharma can all on grad. Big brass, pap, but don't, don't you think like his life expectancy is going to drop a little bit lower because of big, big pharma. You don't play games with them, but I don't know if anybody have you ever seen the movie Michael Clayton?

I know it's a movie, but these people have people working for them that don't pat pat. You're going after trillions and trillions of dollars. You know what I mean? You don't think that's gonna piss people off in that, in that industry? So here's a question. It's an about pissing them off.

The pissing them off is of course gonna happen. Yeah. How many movies you got like the Michael Clayton, Aaron Barakovitch, you know, Michael Clayton. Remember the movie back in the days? Thank you for smoking. Yeah. The guys going around talking about the movie. Great movie. Great movie. Phenomenal movie. Why smoking is okay for you. Smoke is not bad for you. Why are you the guy act that's so well, the same guy from Batman, right? He's the one guy that played

in Wonder Bear and looked. Whatever his name is, yeah. Good looking guy. He played in Batman. We're half a space. Yeah, yeah. Yeah, yeah. So it's a great movie, but someone's got to have the audacity to do it, because if you don't, look, guys, let me read this story to you.

Check this out. Heart attacks at record levels after pandemic. This is a telegraph story, page 15. What do you mean heart attacks at record level after the pandemic? So what page is that on? On page six. Okay, heart attacks at record level after the pandemic.

Top of six. Pop up up up up there you go. Okay, thank you. There you go. So here we go. Record numbers of post pandemic heart attacks, hospitalizations exceeded 84,000 cases in England for 2021, 2020 to make

a 7,000 case increase, underlying delayed detection concerns as official data, a new NHS campaign pushes early action, urging individuals to doubt 999 when encountering heart attack symptoms like chest tightness and sweating, aiming for better survival odds, emphasizing Professor Nika Linker, NHS, National Clinical, Director for Heart Disease, every moment that passes during a heart attack increases heart muscle damage. Please call 999, so you have the best chance to a full recovery, a 250 million pound NHS funding boost for winter with plans for 900 extra beds seeks to address

pandemic, including service disruptions and higher heart related bets, while heart charities emphasize the urgency of timely care. Okay, this is just in UK. These reports are coming out here. You saw the story of Caleb White, another 17 year old kid,

Dr. Dr. Dr. High School basketball player in Alabama, dies after collapsing on court. We just had LeBron's son went through that. We were all looking forward to the day for him to play with his son. Marham. And the the the world cup female soccer player from I don't know Columbia. Something collapsed twice. How many people on the news?

They're doing the news and the lady drops comedians dropping. Yeah. So now we don't know what it is. We want to know what it is. But what we do know what's happened the last 30 years, people trust big far more less people trust the governments, let governments pull worldwide. Everywhere. Governments less people trust world health organization less people trust NIH less CDC less all of these guys less and all people saying is, listen, I'm sick and tired of just being seen as the

sicker I am, the more money you make off of me. The more hospital beds are filled, the more money you make off of me. Empty beds don't make hospitals money. We need hospitals to be full to make the hospital money. When you start looking at it from this angle rather than the incentive being healthier, you are the better you do. A couple years ago, an insurance company came up to us that a program called Vitality. I don't know if you remember this time or not Vitality. It was Hancock. Yeah, Hancock. It was a good memory. So Hancock, you know what their memory, but the product was? Yeah, I remember that. We'll sell you an insurance policy.

And if you were this Fitbit, you're around. And a Fitbit reports back to our insurance company that you're moving your body and exercising, your cost of insurance is gonna decline every quarter or so. What a product. You're incentivizing people to not need their life insurance policy. Let me say that again. You're incentivizing.

The insurance company is flat out telling you, listen man, I want you to live longer, okay? Please exercise so you can live longer, so I don't have to pay you the death benefit in case you die and if you keep exercising and moving your body, I will charge you less for the insurance policy. That's what you call compassionate capitalism,

where you're using it in a way to say, listen, let's keep hospitals emptier. I'm gonna give a certain incentive for keeping people healthier. You don't hear governors or presidents talking about, guys, start reading some business books, start exercising, stop eating at some of these places that's fast, but you don't hear those conversations.

If I told you right now, a president that talks about the border, you would say Trump. If I told you a president that talks about the border you would say Trump if I told you a president that talks about The number one world crisis in the world is white supremacy. You would say Biden if I told you the biggest crisis in the world Is climate change you would think about aOC Greta or some of these guys But if I told you name me one political leader that talks about go read some damn books go Exercise take care of your, stop eating shitty food, you can't think about a candidate. You can't. This is the incentive program. So, going back to the enemy is real, but I think the other side,

skeptical people are like, listen man, it's about time to go address these guys. I'll just say one thing, I can't think of a candidate, and that would be RFK. Not, I mean, it was so like fascinating to watch the debate or whatever the potential debate that he had with the guy Dr. Peter Hotez. Meena, you got, you got RFK, who actually admitted to taking the vaccine, but it says it's okay to question the vaccine,

especially the operation of warp speed and rush down the pike and what's happening with that. But here you got this dude, how old is he? 70, jack? Diesel working out then you've got Dr. Peter Hotez vaccine advocate. I'm telling you under that white coat. It ain't looking good. It ain't pretty fast food at exactly. So you know, ultimately what it what does it come down to are you gonna be proactive about your health or gonna be reactive Hospitals, you know what what do we call it yesterday,

a hotel for sick people. Unless those beds are not filled, basically the vacancy, they're not making any freaking money. Exactly. So, I mean, what did we learn doing COVID? Just take the jab, take the vaccine, don't ask any questions.

Nobody was saying, bro, get the fuck outside, work out, get some sun, eat healthy, stay active, sweat. But that's the myth, but that's the myth, but there's no money in that. Who makes money? The gyms, okay, fitness instructors, that's awesome, but that ain't big farmer, that's not their business model. That's how they make their money. You know, you know, you're not an insurance business and time, you're an insurance executive. I mean, we can call you an insurance executive. It's, you know, you've been a president and a CSO

insurance company. I was adopted by the industry. So when the questions ask, when the questions ask about life insurance, how to get even with a life insurance company, you know, my statement always don't cancel your policy. What do you mean? Don't die. Don't cancel. No, no, no, don't cancel your policy. What does that mean? Don't cancel your policy because the insurance company banks on eventually you canceling your policy. And when you do that premium goes to who?

The insurance company. Okay, so but if you keep your policy and eventually they have to pay out. So if you want to get even with the insurance company by your policy, never cancel. That is the wisest thing you can do because what happens with insurance companies is you buy an insurance policy, a 2008 crisis happens, a COVID happens. What's the first thing people cancel? Insurance policy.

What they don't realize, the insurance policy you got, you got it when you were 33 years old, healthy, and it was good, you got to prove. So you're prefer to leave, your paying cost of insurance is nothing. But it was good, you got to prove. So you're prefer to lead, your pain cost of insurance is nothing. But a crisis happened, and now you canceled it.

Say you were paying $100 a month, I'm just using basic math. Now you're 43 years old. Okay, you got a wife and three kids, and you're like, I got to go out and get an insurance policy. Well, now you're older, you're sicker, you're not healthier. Now you're insurance policy is no longer a hundred bucks a month. Now you got to pay two, three, four, whatever the number's going to be, depending on based

on your health. So, but people cancel it if you keep it, you're going to be healthy. We need more policies that say, look, let's incentivize people that don't use health insurance. Let's give credit to people that take care of their health. Give them a tax incentive every year where you're not going to the doctor all the time. We are keeping a certain weight on your body and all this stuff. Let's give incentives for staying healthy.

If we could do that, we have a better society. We can easily increase our life expectancy. We can easily increase our lifestyle. We can do those types of things, but those types of policies don't make money. Exactly. It's funny you say that because being a veteran just like you, I got my car insurance through USAA, and they have this thing that you could add.

It's called safe pilot. So the app is tracking no matter if you're driving Pat and you pick up your phone, it docks you. If you're talking like this, if you're a speaker. So now I'm trained now to where I'm like, if it ain't important, I'm not on my phone. 30%. I get discount per month because I'm not on my phone, 30%. I get discount per month because I'm not on my phone talking,

driving and being unsafe. Ultimately, you're instead of talking about rewarding people who are driving safe or being healthy and doing all that. And obviously I won't go here, but obviously I can talk for days about people canceling their life insurance policies. That's my business model,

but especially if in your 30s, 40s, 50s, even 60s, keep that policy. As you get older, it gets way more expensive, especially if you're trying to qualify for insurance. Yep. Let's go to the endorsement that Ron DeSantis got, which is a legendary endorsement. He should put this on the wall by the way, somewhere in his office, and he should brag about it at the campaign, anywhere he's going where he's talking, he should bring this up.

Here we go ready Hillary Clinton ronda santis is pathetic and just trying to get some attention and what Hillary Clinton says some like that about you that is an endorsement yes how i would take it yes Hillary Clinton criticized floor the governor on the centers describe in his proposal

to grant resident presidents uh... more control of the Department of Justice, as pathetic and attention-seeking during an MSNBC interview with Rachel Maddow. She commented, he's promising anything to try to get some attention. It's kind of pathetic, isn't it? The sentence has previously questioned the independence of agencies like the DOJ stating, you can't say that you're independent and hands off, that that's not the way the system is designed.

His press secretary affirmed this commitment to ensuring accountability and justice and law enforcement agencies the discussion also touched on the Republican parties embrace a partisan politics within law enforcement prompting Clinton to express worries about democracy and the rule of law particularly given the lingering influence of Trump. Vinnie thoughts on this. I just, like, is it just me or, and I wanna know from the people and you guys, are you guys tired of like, this Hillary Clinton get it that nobody gives a damn

what you're saying, and she just won't go away. You know what I'm saying? She was on the Rachel Maddow show and besides this one, besides the DeSantis, there were laughing, these two were laughing, the two of the biggest liars about Trump and the indictments and how happy she is. Meanwhile, she is the biggest getting away

with cheating and murder person I've ever met in my life. And like, when is enough gonna be enough? She just keeps popping out of the woodwork and nobody, just go away. She would love to run if there's any opening, she would do anything. Oh my god. Here's my question, why wouldn't she,

okay, why isn't she running this time around? Why, why isn't she going for the gusto? I'm with her and all those mumbas. Why, why isn't she running? Oh, how do you know she's not? Are you sure? What I'm saying to you is never underestimate a person that since they were in the womb, they wanted to be the president of the United States.

Never. She looks at herself as the world leader. She looks at herself as an emperor, as a president, as the queen. Her identity is that. Now, whether you like it or not, that is her identity. She's convinced she's above you and everybody else

and she knows what's best to run the world. That's how she views herself. She looks at everybody as Benita, everybody. Anybody and everybody, she looks at including her, anybody. She says, yeah, Benita, you're Benita me. I know what's best. That's how she views herself. When you're like that, any opportunity.

So the strategy would be, if you go right now, run against Biden, you're gonna look like an idiot. She wouldn't run right like, do what RFK, that she's above it. That's cheap stuff that RFK people would do in her eyes. In her eyes, she's more strategic. Behind closed doors, get a couple of favors, use the DOJ, which, you know, she's, you know,

to eliminate some candidates and then she's, see if she gets in. There's certain people that are so deceptive, they should never, ever count them out on how they gain power. She's one of those people. And the super delegate game that she knows how to play behind the scenes, which is sort of a rigged part of the DNC. And I go back to 2008, you could almost just change the words here.

Hillary Clinton 2008 just visualized this instead of pathetic. Barack Obama is inexperienced and just trying to get some attention. This has been her playbook. Yeah. Well, last time she said that, that guy became the president. He did okay. Well, I don't know if that's necessarily going to be the case this time with her friend, Governor DeSantis.

Just a circle back to that. No, but it is her playbook. That's how she works. Thanks, Tom. I just a circle back to the whole premise is that this is great marketing campaign for DeSantis. We all saw the commercial about the trans family that was leaving Florida for greener pastures. He should use that to his advantage.

Yeah, okay, you know, everything I've done in Florida. So if you're trying to win a Republican primary, what's more helpful to you than going to battle with Hillary Clinton if you're on the Santos. So I actually think this is a net positive for him in the Republican primary and his numbers have been fading and fading and fading. You know, it was six months ago.

He was neck and neck with Trump. Now it's not even close. So maybe this helps. Did he, did he, did he fire his marketing person, hire a new person? I think it fired his chief of staff. Third? Oh, yeah, it's not, it's not, it's not a good look on what's going on over them.

By the way, in New Hampshire, can you pull up New Hampshire polls? Can you, can you pull up New Hampshire polls? I think in New Hampshire polls, he's officially behind Chris Christie in New Hampshire. If you guys haven't seen this, pull this up to see, let's see if that shows up or not. And if you're standing behind Chris Christie, nobody can see.

Pulse, watch this, Pulse, put. That's a good point, you know. I didn't even think about it, very scientific. That's interesting. I like this. Pulse, put Christie's second to Trump in New Hampshire's as DeSantis fades. Yeah, I'm at.

Go lower. That's not a good sign, though. Zoom out a little bit to see what. It doesn't let you get there. I'm actually, I would like to see where the Sanctus is in Iowa. I'm not shocked that Christie is doing well in the Northeast. Everyone in New Hampshire, New Jersey, New York, they're familiar with him.

He'll pull well there. I'd like to see what the stats are in Iowa because that is the first state, correct? Show that 9% likely. What do you put in Iowa? I'm just Christie to the Republican. Only 8% to Chris. Okay, let's go look at Iowa

What's Iowa look like do you have RCP real clear politics? Rob my think of let you pull everything Real clear politics Election 20 up at the top. Yeah, I would assume that DeSantis is doing way better in Iowa than he's doing it Trump sure the sense of Scott from okay, punch in on that buddy Tim's national national Trump said 54% and Iowa then he's doing it. Trump. The same to Scott. Okay. Punch in on that, buddy. Tim's national, national Trump said 54%. True.

Sanctus is at 14. I guess it's one. He's six point seven. Seven. But, Rob is one. He has cleared pants. Former vice president, well, you highlighted and he's lost. He's the only, is he only counted.

He's the only candidate to law. They lost Twitter followers in seven months. You got Iowa where, where, where, where you got Iowa where it's a little bit closer than the national average where the Santhas is at 17, Trump's at 44. And then and this is after this and that's how recent is this Adam? How recent is this? This is this today ask ask Maliko here.

Hey Maliko these are these are colleagues. This is as a week ago. Our city does come. We should go back to New Hampshire. This is as today. Yeah. And then all right. So then to Santa's,

so well, the Santa's apparently is doing better than Christie in New Hampshire. And Pat, not the shift gear. So with, Trump, these indictments that are happening, Trump's numbers are actually, they went up. Correct. They actually went up.

So my thing is, the left is doing, because apparently he could still run if even if he's arrested or fell in or whatever, what is their angle to boost them up like this because they think he's easier to beat than whoever would be behind them. I mean, obviously look at the numbers. Nobody's voting for anybody else.

Why is this shown New Hampshire, DeSantis ahead in that article? All these articles are saying that these are these are compilation polls from Rookler politics and what you're seeing is the first poll of the week, which correctly is pointing out that there's a shift going. It might just be one poll. What's interesting, let's see this general election match up. How much you trust this source, Tom? Just high, low, medium, real clear politics is 10 to 14 days behind the actual momentum that's

in the market, but they compile everything. And if you were to click through on that. So do you trust them or not? They've been more right than wrong. Okay. So what point is we'll use this as a source? Where's the general action? 75%?

So general, so it looks like it's a dead heat with Biden and Trump, 44, 44. Yep. Looks like Biden is doing better than DeSantis, 44 to 42. And then what is it? It took the time to see how Trump would do against than DeSantis, 44 to 42. And then what is it? It took the time to see how Trump would do against Kamala Harris, 46, 42.

But here's what I can guarantee. I'm going on the record stating this. It's gonna be October. It's likely to be Trump Biden, okay? And what we're gonna hear from the news is, race is too close to call. You know, it's going down to the wire, right? We gotta see what's going on

in the three battleground states, Pennsylvania, Michigan, and Georgia. And this stat right here has Biden and Trump at a dead heat 18 months out. And it just boggles out. Not even 18 months out. What are we? We're only 14 months out.

It just boggles my mind that like still, with everything that's happening, with crime, border, Ukraine, I'm, that's just a short list. People are still like, I still, you know, I don't want somebody that's gonna rock the boat and they just want this six-seenile perverted kid sniffing. Like it drives me insane that people still haven't

woken up to what's happening. I'm not shocked whatsoever. Every election, every election goes down to the wire so if you're expecting something different Oh, that's a definition of saying I think if they would if it is him which it looks like it is He should show up on the orange jumpsuit and be like orange is the do orange and that's how I would debate if I was Drill And like what do you get to do like just get and really put on the spray? He's gonna show up orange regardless whether he wears a hundred percent.

I tell you listen, that's what you're talking about. Let's talk about what happened here with the indictment. Let's go to Trump faces 70 six and a half years in prison. Yeah. In Georgia 91 counts, 717 and a half years overall. I mean, they think he's like a biblical guy. He lives like to 700 years. Plus death penalty. So former President Donald Trump could face up to 76. If he's convicted and receives a maximum

of all sentenced and 13 counts he faces, the indictment filed by Fulton County, Georgia District Attorney Fanny wills late Monday night here at accounts. One violation of Georgia's RICO, racketeer and influence, but by the way, this was for the mob up to 20 years. Five solicitations of violation of oath by a public officer up to three years.

Nine conspiracy to commit impersonating a public officer. 11 conspiracy to commit forgery in the first degree. 13 conspiracy to commit false statement and writings. Conspiracy to commit filings, false statements. That's another five years. Conspiracy to commit for statement and writings conspiracy to commit filings false statements That's another five years conspiracy to commit for jury in the first degree seven and a half years conspiracy to commit false statements and writings 20 half years filing false documents 10 years solicitation of violation of of oath by public officer false statements of writing solicitation of violation of oath by public office or another one false statements are writing in 100 so in addition He faced 136 years and 34 counts in New York case 450 years and 40 counts in the Miami case. Oh my god 55 years and four counts in the federal case and DC

And Trump could face up to seven hundred and 17 years in, the latter charge in DC also includes the possibility of death penalty. Pat, first of all, it's comical at this point. But you know what? Trump should have listened to Chuck Schumer. Member Chuck Schumer warned him. The Department of Justice has seven ways a Sunday. So get you.

And let's just all be clear. Trump didn't try to overturn an election pat. He was just suspicious that the left was trying to cheat again. Okay, they were cheating in 2020 with the whole FBI, like stopping the Hunter Biden story and all that stuff with Joe Biden. Hillary Clinton cheated in 2016, which she tried to undermine the election with the whole Russian collusion. And you know what pisses me off about out of this the worst pat?

Is that the Republicans. I'm sick and tired of people like Kevin McCarthy, Jim Jordan, Matt Gaetz, all they're doing is barking. If you watch all these judiciary hearings from anything, from the indictments to COVID to everything, they're the biggest sitting there barking and saying they're gonna do this. And how many whistles have to be blown.

How many whistleblowers, how many smoking guns need to be found, Pat, till they actually do something? Nothing is going on and that's why it keeps bringing back to the point that they're all on the same team. Republican, Democrat, same freaking team. One just barks, doesn't bite and the other one is getting away with murder. And I just want, I hope that the independence out there are watching.

If you don't see what's going on with Trump right now, you're either a sheep or you're like, you're just too dumb to understand what's going on. I keep staying to my theory, Tom Buggie. You go first. I'll give him one after yours. So when I look at this, remember, we broke down, who was it? Alan Bragg in New York and how he had inflated everything. Remember that Pat? We don't have podcasts. We have Alan Bragg.

And the DA in New York. And here's what's happening here. Take away everything that says solicitation and conspiracy. Conspiracy says two guys were thinking about it, talking it over. Then say they did it. And solicitation is there's a time and a place for that, and it's called Congress. The only thing you see here is that first count, violation of Georgia Reco Act. So you actually did something. Everything else here is just stuff in the turkey with bread.

There's nothing really here except that one big count. And they are attempting to make everything seem better by adding up all these years. This would never happen. If you and me were indicted like this in Georgia, the 76 years would go down to a year and a half for Rico if we were convicted. This is just, this is fluff. They are fluff and puffing up just like Bragg did in New York City. So when people hear about this, you have to realize just how politicized this is and what is really account here and what is really, oh, and also conspiracy,

conspiracy, conspiracy, conspiracy, conspiracy, conspiracy, seven of those two, three solicitations. It's ridiculous. Conspiracy and solicitation, even if you prove it, people go, okay, so Tom and Pat talked about doing something in the insurance industry. Did they do it? No, but it was conspiracy to commit, but they didn't actually do it. All right, well, why don't we give them both

a $200 fine and get them out of here? That's what happens in these things. This is flushing puff. How long do you think they've known they're gonna be doing this? For a while. Oh, this is time. This is on a calendar in somebody's office. Hey, on Thursday, that's what we need to do.

But honestly, like your sharp guy, how long? Give me a timeline. Have they known they're going to be doing this for two years, for a year and a half, for one year, for six, how long have they known they're going to be doing this? I would say probably a year and a half because six months after Biden's inauguration, they knew he was politically having trouble. I'm going to send probably on January 7th. January 7th. January 7th.

That next day, I was like, yeah, we're going to say that Pat is spudgy. Even before then, sorry, Pat, even before then, because you had to figure out that they were going to go their end protest. I'd say a couple of days before, because then you have to have FBI agents inside the capital, outside pushing people to make you become this thing, to have it come down to the... Okay, so let me ask you. So these people that I've been working on this for as long as they say they have.

Yes. Yes. Who are they loyal to? Are they loyal to hear me out? Are they loyal to Biden? Are they loyal to Obama's? Are they loyal to the party? Who are they loyal to? Or the country?

It's definitely not the country. Definitely not the country who they're loyal to. It's showing the country. Who do we look, we look in, this is the first time in the history of America that this has ever happened with any president. And there's been a lot of stuff that's happened to pass before.

This is not something that we practice to look this pathetic in front of the world. So who are they loyal to? Who's their loyalty? I mean, I would say besides the party, you know, say somebody else, but who do you think the loyalty is? The devil, but that's I don't want to I want to ask you a serious question. It's a serious question. Who do you think they're loyal to you? I'm not saying this is the case, but I would hope that their loyalty, especially if they're prosecutors and judges and DOJ, that their loyalty would be to the law.

Okay. What do you think their loyalty is to Tom? I think they're loyal to the Democratic Party. Okay. I agree. It's two district attorneys that have been put out there. And I don't think these DAs know that they're being played. History is going to have their name in the party.

Well, do you think they're not anybody bigger? Do you think they're more loyal to the Constitution, to the law, or their political party? The Consta, what? Exactly. The party. So, which case are you talking about? Because they're all wildly different.

No, of which case? Any case that they want to put this guy away. Well, if you're talking Alvin Bragg in New York, or if you're talking the Mar-a-Lago thing, yeah, I'm with you. But the Georgia thing, I think, is totally different. You have a governor, Brian Kemp, you have the Lieutenant Governor, what was his name? Like, Katzenberg or something like that.

These are Republicans. These were people that voted for Trump. You also have Mike Pence, who was the boot-licking VP, who is the probably star witness in the January, in January 16th. So I'm just saying that there's a nuanced conversation here. I don't think Brian Kemp is loyal to the Democratic Party. Okay, so let's say the Brian Kemp was even asked if Trump is the nominee, will you still vote for him?

He said, yeah, so you're right. He did say if Trump's the nominee, I'm still gonna be voting for him. Mike Pence is a different story. If Mike Pence is truly about the Constitution in America, you know what would happen if Mike Pence was really that, his followership and popularity would go to the roof, but it hasn't. It hasn't from anybody.

So then here's becomes. The motive becomes, we want to get rid of this guy because he's going to come and drain the swamp and guess what? Let's eliminate him. Okay. This is even the Georgia thing. It isn't anything that Clintons and others haven't done in a past before, okay? But the only thing is it was on tape.

That's the whole thing. No doubt. I mean, I sure the Clintons have. Biden was on tape saying if the prosecutor doesn't do this and it's the guy that his kid was getting money from the back and he's still our president in the United States and no more so to compare Biden's stuff to Trump, it's not even a comparison. Well, they're even nixing the watergate tables. I mean, that's something.

Here's where I'm going with it. The point I'm trying to make is the following point. If they've known for a while, Tom, that they're gonna be doing this. If they've known for a while, Adam, I want you to think and play the devil's advocate here. Sure. So what percentage do you think that the people

who are on the inside, that know these things are coming? And it's time, because it's time perfectly, I was telling it's a Russell brand yesterday when I was on the show, I said, you know, the whole thing, how every time Biden got in trouble, the exact next day Trump gets indicted. Three, four times, it's the same exact day.

You have to be a dummy, naive, oblivious, or like you're happy they're doing that, to say no, there's no chance This is accidental. I run no bullshit. It's happened more many times. Okay, the timing is weird The timing is weird. So do you think the guys that know they're writing this up to destroy Trump? Do you think? By any chance they've spoken to the Santas and knew some about it. Oh I would say they've spoken to Newsom but DeSantis knows.

I would say they've spoken to Newsom, but DeSantis knows. What I'm saying is I think there's been straight up conversations, but I think they would have probably worked to flow it to DeSantis. Go deeper, like what kind of conversation? You're saying? Oh, I think it's very subtle.

I think it's this kind of a conversation. Let me kind of unpack it for you. Make a role play for you. So, you got these guys that are doing it. The people on the left know. So, person on the left that say, you know, maybe a leader or, you know, exactly. I'll read this here in a minute with Natalie

for those keeping score, 3, 1700 Biden admits laptop, 3,18 Trump and Diamond News, 6-8 FBI Doc, I'll read this year in a minute with Natalie for those keeping score 3 1700 Biden admits laptop 318 Trump and died man news 6 8 FBI doc alleges Biden bribe 6 9 and died 726 hundred plea deal collapse of 727 and died and 731 Devon archer testify 8 1 this 4 times back and then no one go to the bottom one on what she's got Okay, 8 9 1 Biden bank records release 8 11 DOJ there's a special account So we can go on and on and on and on with these types of things that's happening. But here's what I'm going.

So they know, hey guys, we're about to drop the bomb and we're gonna destroy this guy. He will never have a career in politics, he'll be done and he'll spend the rest of his life in jail. I'm talking about Trump here. Yeah, I'm talking. I'm talking about, they're saying that we're about to do this to Trump.

Great. So a couple of the guys say, hey, you know what I want you to do? What? I'll give you a bone. Go whisper to your guy, Ron, that don't worry about Trump. He's not going to be there at the end. It's his position. Go whisper this to him.

You think so? Yeah, just go whisper to him. Or indirectly, well listen, don't ever tell the Santistis, I don't want him to know. It's a sign of what? Go tell him. Exactly. Because in that dirty world,

whatever you say, don't tell, they go tell. These are dirty people, right? Some of them that are in the dark sides of politics. So then a guy comes up and says, Hey, you mean all of them. So I'm not saying all of them. I'm not saying all of them. I actually do believe there are some good statesmen out there.

It's very hard to be a good statesman. You have to realize in every space there's dirty people and there's statesmen, I'm convinced there's plenty of statesmen there too, but it's very hard to stay a true statesman over time. So, then one guy comes, hey, listen, you talk to one of the sentences right hand guys. So look, just between us, I wanna whisper this to you,

but please don't say anybody that I said this to you. Ta-da-da-da-da. Here's what they're going to be doing to Trump. So it's going to be an open, you know, run for him. He's pretty much going to be the candidate. He has to lose it to not be the nominee. Oh, really? Yes. Then they come back and they say, hey, here's a news. Guess what? Take our time. We're launching the campaign. We don't have to be as aggressive going out there. Wait, then defend him and say the fact that the OGs go on after him. Then defend him that this is not the right way to do

because you'll seem like a hero and you're going to gain the Magical Crowd. What are the chances that that kind of a conversation has had where the news has been given to him to say, this is your opening because he's not going to be there at the end. I, I, I, I, what are the chances that are conversations?

Yeah, possible. I would say possible, but because. I think all these types of shady conversations are happening no doubt. I, what I will say, so I'll agree with you. What I will see if those conversations took, did take place, you know, follow the money, follow the numbers, it's not helping the Santa's campaign. No, but that's what they want, because numbers are plummeted. But don't you think, follow the money, follow the numbers. It's not helping the census campaign.

No, but that's what they want, but his numbers are plummeted. But don't you think that's what they want? But that's not on them though, that's on him. Yeah, but that's correct. That's not on, that's not because you have to have the talent to get the eyeballs. And if you can't sell the dream of why you ought to be the candidate

and you're just talking logical stuff and it's just policy, policy, policy, policy, policy, policy, you can't get the people. Then I'll go deeper. If there is that conversation happening, which I think maybe you'll say, I think they're whispering it to everybody. Here, Pence, don't drop out of the race. This is what may happen.

But hey, Governor Christie, stay in this thing. Hey, Tim Scott, you can be the first black Republican boom. Hey, Nikki Haley, I don't think they're just going to put all their chips on to Santa if that conversations are happening. But they're really, and I'm going even further back. Those guys are out of threat though. No, not at all. That's what I'm saying is, so Pat, why would the Democratic Party want to do all this

to Trump and say, hey, Ron, you're gonna be the guy, because they know they could easily beat Ron because he hasn't done shit. Biden, Trump is the threat. Trump is the threat, and if you don't see the cheating, if we were all racing on Monday, Pat, and on Sunday, I know that you're my only challenge. It's me, I know, and I know that you're faster than me, you're a shooin'.

If I knew cops and maybe a judge, I'm like, hey, go arrest Pat, I'm gonna go set them up, and that's cheating. They're cheating. They're taking the legs out of the number one guy, because they want, Ron, do they want? If it's Biden, you're cheating. They're taking the legs out of the number one guy because they want Ron. Do they want, if it's Biden? You're saying that Ron DeSantis,

that Biden could easily beat Ron DeSantis? I think easily he'll be doing the same. I'm fully disagree with you. You don't think Joe Biden's good. I think if Ron DeSantis was the candidate, I think he would whip up on Joe Biden. I don't think so. I think that's why they're getting his vibrant.

He's not exactly the best marketer, but you're up on Joe Biden. I don't think so. I think that's why they get these vibrant. He's not exactly the best marketer, but you're going against Joe Biden, who's not a marketer at all. I fully disagree. I think the Sanctus would whip up on Biden. Then why they, why they popping, why they getting rid of Trump? Because the Sanctus is the next guy.

I'm just getting rid of Trump because they want to get rid of Trump. Regardless of who's next. But as a plan, you would have to know that the number two guys, you know what I mean? They're gonna have to go against, that's a better fight for them. Is this anthus? Is that what you're saying to know that the number two guys, you know, I mean, they're gonna have to go against, that's a better fight for them.

Is this anthus? Is that what you're saying? Like, that's a, that's a, look, if you're looking to the general election matchup, so would you just talked about 10 minutes ago, Biden and Trump are still at a dead heat. I have a bone. And Biden and the Santas are within two points. I want to believe what you're saying, Adam. I want to believe what you're saying.

But I'm not convinced, the Santus is going to beat Vivek. I'm not convinced the Sanctus is going to be able to take Vivek out. I think Vivek is, um, is, is, is, in, by the way, we're going to learn a lot about the debate. The first debate that's coming up on stage. We don't know if Trump's going to be there or not. What is it about? Most likely, uh, uh, uh, it's coming up like in a week or so. Okay. 23rd. We don't even know if Trump's gonna be on stage or not. But if Vivik comes out and he puts on a show and all of a sudden you see the Santa's drops off and Vivik goes up, you're gonna be like,

wait, what just happened here? That's pretty wild, that's number one. Can I say one thing about Vivik? I'll say that guy is an absolute beast. He's an absolute stud. But you're gonna say what? His religion, Hindu, that we're not ready for that. As running as a Republican, Christian, evangelical, you're telling me they're gonna vote for a brown Hindu guy?

We'll see about that. Okay. All right. If he was running as a Democrat, that guy would be the next Obama no doubt. Vivek, good point. But by the way, by the way, let's see. Okay. Let's see. You have to still be able to sell the dream. I think he's in the same way. And the dentist doesn't know, hasn't shown yet how to sell the dream.

He sounds like a guy that's talking to you that there's an element of, I'm smarter than you and I'm better than you and trust me. Just, you know, and that doesn't relate to that. A little Hillary Clinton asked. Yes, a little bit. It's just that upon you trust, it's a one you trust more. It's a guy that I actually think he's got solid characters and values.

I think he's a good guy. I think he's a good husband, good father, but he's also been wanted to be a president since the womb. He's been wanting to be a president for a long time. I put those two in, I don't think Trump's been wanting to be a president since day one. I think RFK just wanted to be his father, son, and spent time with his dad and his heart broke and devastated. 14 years of being addicted to drugs from 20 to 42.

He's lived a hard life. The guys lived a very weird life. Not saying he doesn't have the additional stuff, but I'm going with the following. If you truly are thinking, the census would do better than Biden. If you truly think the census would do better against Biden, why are you eliminating Trump

as a candidate? If Democrats are more strategic than the right, why not wait to go after Trump if he's not of any candidate? He's going to be gone. Why do you care about him so much? If you think, why I think the Santas going to be Biden, no problem, all the stuff, well, then, you know, no problem. If you really think that's it, then let Trump be the candidate because you know, you're going to be Trump. These are very, the Democrats,

you, I respect them. So how united that group is, the level of unity that the Dems have over Republican Republicans compete against each other. Democrats are like, no, man, I can't stand you. I hate you. You're the worst human being in the world, but what are your Democrats? We're on the same page, bro. We're going to be all right.

That's how united they are on their party. I'll give you a little feedback on the Democratic Party. They're just, whoever's leading in the polls, they'll try to dismantle. It's Trump. It's the Sanctus, they'll go on and so forth. I think if you're a Democrat right now, you are about to run literally the worst polling president you've possibly ever run ever. Okay. So Biden, 75% of Democrats are like, bro, don't do it. Bro, don't do it. But he's doing it. And they're all gonna coalesce and get in line, but nobody's excited about Biden. And I think it's gonna be a shitshow.

He did try to excite somebody, but it didn't work for him. So former Senator told Biden he'd kicked the shit out of them. Then VP for getting handsy with his wife. If you want to get this video ready, by the way, former Senator Scott Brown recounted a threat he made to President Joe Biden after an alleged incident in 2010 when Biden got too close to Brown's wife, Brown stated, I told him, I kicked the shit out of him, beat it, beat it, and then I told him to stop the incident,

took place during Brown swearing ceremony with photographs capturing Biden's hand position near Brown's wife's posterior. What posterior's like, but is that what that mean? It's like that, you know the point that goes down. It's like a dairy near Brown's wife's posterior. What poster is like but is that what that means? You know the point that goes down. It's like a dirt. It's like a dirt. Pointing out signs like mumbling touch.

Pansy world, mumbling touch. Anger outbursts, Brown also criticized Biden's well-known touchy behavior, mentioning an incident where actress Eva Longor, you have to guide Biden's hands away from her breast. You can show that clip as well. White House from Scrimming and Jun. But play this clip and then play to the podcast of him saying this with TMZ, go for it. This the clip.

Rob sees it, I don't know if I see it. What's right, what's right arm? Boom, boom, boom, three taps on it. You literally can't see his arm. Listen, I could see it at him. Sorry, we are back to the guy. You literally can't see his arm. No, I see three times he tapped her butt.

Why would the guy lie? Why is he lying? Why should you think I am? So pause and go to what he said on the podcast. If you have it, Rob, I don't know if you do or not. Okay, let's play this one here. Go for it. Hair sniffing gale, we're handsy with gale,

or did I imagine? Yeah, yeah, yeah, yeah. I told him I kicked the shit up. I kicked him. I told him to stop. So yes. I think people are irked out about all the hair sniffing and things. We went overseas and he especially took a long inhale.

And I think women are skived out by that stuff. And he's not a good guy. You know him. I mean, I did know him. I spent quite a bit of time with him. I enjoyed his company. But that's not Joe Biden. We all know the signs might be a my uh...

you know i will be all the people who have dementia and and i have the big of all simers and and you know he's got it and it's the walk it's the ways mumbling is anger oppers and you know it's it's a shame that we can't do better as i said uh... in this great country but you know a lot of people don't want to run because of everything you're seeing now

hey you know it would am i am imagining this but did you when you were on the herald radio with us probably seven years ago when you got sworn in as senator was he like hair sniffing gale or handy with gale or did i imagine that yeah yeah yeah yeah i told him that i could get you know We're happy with Gail or Hanzi with Gail or imagine it. Yeah, yeah, yeah, yeah, yeah, yeah, yeah, I told him, I can do it. We got to do it. Yeah, God.

But it just boggles my mind that it's just okay. Like, he's been doing it forever. Now that he's old people are just like, If you've a Lungori video, if you can find a go for it. You know what I mean, no, Pat's like, is it unbelievable that he's been getting away with it forever? How many videos have you seen? This one's awkward.

All right, let me see. All right. This one's awkward. Watch this. Watch what she does. Watch this one's awkward? All right, let me see this one's awkward watch this watch what she does go Watch this one. He's He just hit the side nipple look at that. Oh He's shopping for kennel ups. Yeah, I don't know. No, no, this is to me. Can I be honest with you? Go ahead This is kind of weak. Oh, honestly, I think he should step his game

I like presidents that grab him by the pussy. I don't have fast these hugs. Just go all in. Show me one video. Go for it. Show me one video. I'm actually not kidding. A Clinton. Listen, I'm married to Hillary Clinton

and some young intern who's of age and consensual wants to in the White House. Go ahead buddy. You want to grab him by the, whoo whoo whoo let's go for it. Yeah, but if Biden should step his game up, stop fucking half assing and maybe touching a dairy air, step your game up, go, go.

Sleepy ass, Joe, grab a fucking ditty, we're all the, Adam, Adam, your podcast. Adam was too far. Sorry, sorry. I got to, by the way, what's the sauce cast? What a long, Adam's crazy. All jokes aside though, how many videos, there's compilations of him,

not only grabbing women like this, sniffing kids, touching kids, 13 year old girls like this, hold on, live on camera in the White House while the vice president is not enough. And he needs to do more than that. And I'm being serious, he's touching and smelling children on him. Yeah, the kids get away with it.

And he gets away with it, bro. That just shows you when people are like, these elites, they're not protected. There's no pedophilia. The guy is on camera smelling and touching girls that are looking like, look at that girl. That one photo right there, Rob, don't want to look at that.

And look at the father, doesn't give a shit pat. Look at what this, I want to find this girl and interview her. Like, excuse me, what did you feel when Joe Biden was smelling you when you were 14 years old? It's disgusting. And if anything that his daughter, Rob, his daughter wrote in her diary that they found

that the Airbnb, by the way, the dumbest family ever, Hunter leaves laptops and repair shops and Hunter, Joe Biden's daughter left her diary at an Airbnb. Then, you know, just hold on, the project veritas people, they had it. You know what she said? My father was taking baths and showers with me at an inappropriate age. What does that say to you, Adam? He's a disgusting old man, but guess what? Oh, he has dementia.

Oh, it's old Joe. Oh, he's a grandfather. He's cute. No, it's disgusting, bro. Let me tell you something, Vinnie. Go ahead. How many politicians have you met in your life? A couple?

I'll say, no, you've met. We met way more than three. Okay, let me tell you something. Go ahead Adam. There's a something that all politicians do. And that is, they say, get out there, shake some hands and kiss some babies. We all know that.

They all do it. Now the problem with Joe these days is that he's shaking babies and kissing hands. He's a little dementia. He doesn't know which one's going on. But they all do it. Now the problem with Joe these days is that he's shaking babies in kiss and hands. He's a little dementia. He doesn't know which one's going on. But they all do it, pro. If you want a freeze frame, you taking a picture with a kid, yeah, it's always going to look weird.

So at any time that you want to make up a story, you'll find no doubt. So is he creepy? Yes. Is Trump creepy? For sure. Are they all fucking doing weird stuff? For sure.

So be an equal opportunity. Okay, and call him. Wait, wait, wait, time out. There is no way in hell you're gonna compare any other random politician that who the hell has a compilation of what he's done in the White House. I smitten kissing babies and saying hi and waving a shit. No other president in the history of presidents has that much footage of him smelling little kids. Period. Or rubbing on people's nipple.

How much have you partied with Hunter Biden? Be honest. I have never partied with him. I've been on to, yeah. I've tried, but he never relaxed. No, but that kid stuff is disgusting. I'm sorry. There's a couple, lots was said right there,

back and forth. There's a couple of things to be thinking about. Any time you have a reputation of overly being done, it's pretty real. You can't think of a lot of stories of politicians kissing babies and anyone's used it to be as creepy as this guy does it. Just very, very weird when you talk to God. It's a thing they creepy show. Talk to me.

I'm with you there. In regards to Trump and creepy, Trump and creepy, you wanna call him player, you wanna call him a salesman, you wanna call him all that, totally fine. You wanna call him, he's had businesses go bankrupt, totally fine. Creepy is not a word that's gonna catch on with him. This is a guy that's a player, like Biden's not a player.

Trump is a real life player. He's had a lot of beautiful women. You can criticize them there all day long. However, there is somebody that doesn't like to be courted, doesn't like stocking. She's not a fan of him, okay? At all, okay, she wants to be a leader and you can't flirt with her because she sees that as stocking.

Okay, so today we're gonna talk about Rachel Zegler, with her because she sees that as stalking. Okay. So today we're going to talk about Rachel Zegler, who got backlash. She's supposed to be the next snow white. She got backlash, which could ruin Disney's show remake, Snow White. Okay, let's read this and Rob, if you can get the clip ready of the second one. The one I tweeted, I'm not if I just call my Twitter account and you'll see the one that I have, and just put that one up there.

You were just on it right now. Okay, so I'll read it. Rachel Zegler, critical remarks regarding the upcoming life action snow-wide remake have triggered concerns about potential damage to ticket sales. The 22-year-old actress face backlash for her negative views on the original 1937 film, and the prince character, which she labeled a stalker. Branding expert

warns that Ziegler comments could impact the film's reception she has been accused of gaslighting and dubbed a fake feminist Disney faces challenges of managing Snow White's portrayal and controlling actor statements to prevent negative effects on ticket sales. Despite Rachel Zegler's playing the lead role, experts suggest that Disney executive might need to reconsider her suitability for promoting the film's playlist clip,

if you may, just listen to what she says. She just sounds bitter and angry. Go for it. I mean, the original cartoon came out in 1937 and very evidently so. There's a big focus on her love story with a guy who literally stalks her. Weird, weird. Oh god.

So we didn't do that this time. We have a different kind of prince. We have a different approach to what I'm sure a lot of people will assume is a love story just because we cast a guy in the movie. What's sure to she wearing great dude. It's one of those things that I think everyone's gonna have their assumptions about what it's actually going to be but it's really not about the love story at all which is really really wonderful and whether or not she finds love along the way as anybody's guess until 2024. All of

Andrew Scenes could get cut. Who knows? It's Hollywood, baby. I- How are you to say all of Andrew Scenes could get cut? Like, who are you? Are you Disney? Are you running? Can you go back to the tweet on what I told Bob, I agree? Can you go back to that?

Here's what I told Bob. I said, I'm curious, Bob. Don't you think messages like this is why Disney keeps having box office flops? I've read your book, and I have. It's a phenomenal book. It's right of a life. I have a life in school.

I had an entire company read the book. You're smart CEO. I'm not sure I'm convinced you're okay with this. You're losing generation of loyal viewers. When you think about Snow White, honestly, what is the premise? What is the story? It's a lot. It's a lot. It's a lot. It's a dream for a girl to grow up and a man falls in love. I mean, the plot is about, well, Prince Charm is show up. And then after she says that she gets a bunch of backlash, play about 45 seconds of this.

She actually cries if you can get to that part. And then I wanna hear from you, there's a part that she gets emotional like a, people are, she said death threats. I don't know which dwarf gave you death threats, but she's saying she's getting death threats. Play from right there. You know, that's her age.

That's death to her career. Press play. Go ahead. Actually, just play from the beginning. We just won't play the whole thing. And Pat, while, yeah, while it's loading, she's being censored. Yeah, exactly.

And Pat, while it's loading, then guess what? It's not the Snow White movie that name it a different movie. It leaves Snow White alone. Yeah, totally fine. Go ahead, before the sinker plays for us. I could go ahead. Taken out of context, and I know that at this point, I can't really stop people from doing that because

that's what my whole existence on the internet is. It's just me being taken out of context and stuff. Which is fine, that's what I signed up for. Okay. But I never wanted to come off as me being ungrateful for the opportunities I have. When I say that this has been the biggest adjustment of my life, like understanding the way my life operates now, being who I am,

and the things that I've been so fortunate to make. It comes with so much ground, so much ground that I never thought I would be able to cover and that people think I'm doing poorly, and other people think I'm doing gracefully, and I don't think I'm doing it at all. So when I tell you that it's hard, you can pause the right here. I will tell you this, I love the way she communicates, she's a freaking great communicator, words, like ability to talk, fantastic. Obviously she's very attractive, very cute,

but her voice, her aliteness, her like, I know what's right and you don't and now you wanna apologize, bro, this is how the world works when you get on social media. We had our event at the insurance conference. What was the format? It was a debate format.

Or the major, it's got to be a fair amount. The debate at each other. You know what everybody was asking me questions, should I say this, should I say that? Here's what I told everybody. You can say that. But if you say that, be ready, that he's gonna come for you.

And she's gonna come after you. Do not be offended if they come and say this about you. Like, well, no, no, that's not fair. I said, no, I'm not telling you. All I'm saying to you is that's how this thing works in the world. If you talk shit, it's gonna come back. I tell my kids, hey man, you talk shit.

That guy hits you. Of course he's gonna hit you. There's something called cause and effect. We don't just sit around and say, okay, yeah, we grew up watching this movie called Snow White in all these other countries and all of a sudden you show up And we have to eliminate all the memories of these young girls to grow up wanting to have an experience like that And you're the almighty and this guy that started a company many years before you did who's given you a job

You want to trash that legacy? That company that now business screwed up the last five years trying to please a small percentage of Minorities in America that are bitching and whining all the time, while the majority is quite going about their business and raising their families, and we have to listen to those guys cry all the damn time. Yeah, we're sick of it. We're sick of this bullshit.

This is what you're getting. To the more you do this, Disney, Iger, what is this girl's name? Rachel, Rachel, Zegler, Zegler, whatever her name is. Yes, this is exactly the backlash you're gonna get from parents who have kids who are your customers. You're supposed to win parents over. You're talking to kids, the parents pay for the tickets. You have to be a dummy as a marketer to be said.

If I'm Bob I agree, you know what we're doing? Emergency meeting, we're putting snow white on hold for two years, and guess what? Pay your a couple million bucks, go away, we're gonna bring another person to play this role, because you just screwed this thing up.

And whoever comes next, you know the guy that, in one of the things about Hollywood actors that are not on social media, you always like, how come they're not on social media? And then some of the guys that are professionals, I don't know who the, King Arthur, who's the guy that played King Arthur? I don't know who the king Arthur. Who's the guy that played King Arthur?

I don't know what his name is. He's a great actor. If you type in King Arthur movie, what is this guy's name? That guy right there. What is that guy's name? What is his name? Very good-looking guy. Keep in if you guys can't go a little lower. You see right there right there. That guy right there. In the bite gang. No, that's not it, man. There's another king Arthur movie young guy. I could make a joke right now. Maybe if he was on social media, we know it's not. Well, well, no, but the point is they asked him. They said, why are you not on social media?

And he said, that's intentional because it ruins the art, right? Yeah. If you're an actor and you're playing somebody that you want us to right there, that guy right there, Charlie human. Charlie. Oh, yeah. Yeah. And he's doing that interview. And you know what I'm sitting on like you know what I kind of agree with you on what you're saying.

Listen Mrs. actress you want to get out there and play a role for us to believe you're that person. Will Ferrell is screwed for the rest of his life. If Will Ferrell plays a serious movie I can't take him seriously. I can't take him seriously. That's who you are. It's done. Yeah. There's a reason why the girl that played the exorcist who walked backwards, never got another movie ever again. And there's a reason why the one that don't dance

and when the girl got a nose job, we want the girl with the bigger nose. I love it. We don't want the girl with the smaller nose. You ruined your career. We want that girl, right? So we have a love affair with a role when you play in a movie. You take that innocence away,

you screwed the whole thing up for us. So, do you think Pat, that they, like, basically told her to have that at the kujo. That's her, that's the story. I don't think Bob I know. You don't think because that's the storyline though. They changed the storyline. That's okay. But Bob Iger, there's no way Bob Iger is very, very smart.

He is very, very smart. He's not a, he's not a Republican, but he's also not a Democrat. When COVID first happened, he was helping Newsom out with COVID issues that was going on because Disneyland is there and Disney World is over here. When Newsom made a decision on shutting down all the parks, all of a sudden, I agree, said, dude, I'm off this board and helping you out. He left Newsom. So that is a callout to Newsom saying, dude, your policies are ruining jobs, bro. While the other guy named the Santos

has keeping my park open, you're screwing it up for me. So I believe he's a logical guy. Now he's got a feud with Newsom over here with the Santos over here. I think he has logic. I think he can't reason. I think he's the type of guy that could one day be a good person, should candidate.

So he knows this is not a good thing. He knows it. Okay, there's no way he's sitting on saying, I don't know why we're doing this. Let me give you some feedback if I can. No, I don't think that she was coached or anything. I think this is genuinely, she's a product of her time.

She's a product of her environment. Here's a 22 year old, what, mixed girl, whatever, Latina, I don't know what she is, whatever, cute girl, whatever, girl Latina, I don't know what she is, whatever, cute girl, whatever, all good. But she's a product of her environment. She's been raised in a femme centric, girl boss, the future is female world.

I don't blame her for any of this, but there's a deeper story here. Let me tell you something. So I had to go like, watch a little clip of Snow White read a little biop Snow White because I haven't read it in 30 freaking years, okay? Here's actually the story here. And it's so funny how she's making the creepy guy,

the enemy, lo and behold, the king, the wife died, and he got a, it was remarried to the wicked stepmother. She became the new queen. You recall this? And this wicked, vindictive bitch thought that Snow White was too pretty. So what did she do? They do.

Tony. Yeah. Yeah. We look at that so big egg bitch. Inside joke. Inside joke. So mirror mirror on the wall. Who's the fairest of the wall?

The mirror said Snow White is. And yeah. So the stepmother stepmother the queen the wicked stepmother Was like, uh-uh we got killed that bitch. Yeah enter hero number one. She calls on the Huntsman to go kill snow white Out in the forest in the woods the Huntsman the man Says no, I'm not killing this young beautiful girl. I'm gonna set her free. So she goes free. So the queen, the vindictive murderous bitch, was the one that wanted to kill Snow White.

Boom, the huntsman steps up, doesn't kill the girl, okay? Almost like the hound in Game of Thrones. Okay, so hero number one. So she's running around on the woods. She runs around and finds what? Not one, not two, not five, seven little people. Because don't call them towards these days. Oh, forget it.

Or you're also good canceled. Yeah. So they're sleepy. There's dopey. There's grumpy. There's drug addict. Whatever's going on there. They're doing that.

They take her in. They're whistling while they work. That's a crazy concept. They're working their ass off. They're in the mind. They take care of this girl. Enter seven more heroes. Take care of the girl. What happens more heroes, taken care of the girl.

What happens is that the vindictive queen finds out she's still alive, gives her a poisonous apple to eat, she ends up dying, enter the third hero, the fucking prince that shows up. He's like, who's this beautiful dead girl? I feel so bad for her. Let me see if I can use my princely charm

and revive this dead chick. Okay. So he shows up, saves her freaking life, aka a stalker. Okay. Long story short, she comes back to life, insert, she becomes the queen, happy ending, all good. So I ask you this, who's the bad guy in the story? The bitch, the girl fucking queen. Okay? Who are the good guys in the story? The unspared her life, the seven dwarves that took this homeless chicken, let her live with them, and the frickin' prince that literally saved her life and made her a queen. So what's the biggest theme here is that there's this femme centric anti-men

mantra going on here, but at the end of the day here's what's gonna happen to this young lady She's either gonna come to the realization that she's actually gonna fall in love with a real man Much less a fucking prince if she can find one like Prince Harry and Meghan Markle who's complaining about being a princess That's a whole nother conversation. Or she can go down the Chelsea handler, I'm a feminist boss babe, I don't need no man mentality. So the choice is yours,

young beautiful girl, Rachel Zegler. So the last thing I'll say to this is, okay, there's been backlash about black girls playing white roles. There was a black girl that played Ariel, the little mermaid, whatever, all good. I think Peter Pan, they're coming out the movie, Tinker Bell's gonna be a black girl. I don't really care.

I mean, it'd be weird if a white dude played Black Panther, whatever. But what I have a problem with is, I love having a role. Yeah, I don't know. It's like Bradley Cooper playing Martin Luther King. Exactly. So, okay, it's a little weird, I don't really care.

What I don't like is the historical inaccuracies, okay? So, now a white girl's gonna play Pocahontas. That just didn't happen. She was a Native American. By the way, where did sleeping beauty actually take place? It took place in Germany in the 1800s. How many black chicks were running around there? Okay. So just like Pinocchio happened in Italy, Cinderella, Beauty and the Beast, Sleeping Beauty, all happened in France. Sorry, Snow White was in Germany. So it's just

historically inaccurate. So if you want to whitewash history and do all that, that's fine. But let me give the bigger picture here. What I do think is a great part of what Snow White is about is actually there's a bigger thing here, is that the world is a wild, crazy place. There's good and there's evil. You've got the wicked queen. Coincening poisoning. Okay.

You've got the good man that's come into save you. There's a story about death being a part of life. She died, she came back to life, she was revolved, shout out to my boy Jesus. So is marriage, so is love, so is vanity, looking in a mirror, so is beauty, so is jealousy, so is vindictiveness. There's a lot of things here

that you don't really recognize as a kid and you recognize as adult But at the end there was a happy ending what we say around here is the future looks break So shout out to snow white what she's doing. Oh, no, the worst today's show sponsor by the snow white And the missing dwarf that's coming out here soon and the next six months. Thank you for Disney for this Sponsorship go ahead so you you so Adam like Rachel, Rachel Ziegler's her name. I guess. She's the type of chick that if God forbid, she like, oh, Deed or something and died. No.

And the EMT showed up and gave her mouth to mouth. And she woke up, she'd be like, that piece of shit was trying to rape me. It's like, no, bitch, I gave you mouth to mouth. I'm out. Yeah. So she's that type of girl. But I mean, by the way, you did your snow white research. I don't give a shit what anybody said.

I did. You were up last night. Like that. 30 years. Years. Years. But yeah, it's just, I'm really upset that it's the biggest theme here is that it's anti-men.

She called him a stalker. He literally saved her life while she was dead. The seven dwarves took her, this homeless chicken. The huntsman saved us better as life, but she, because of the environment she's been raised in, all she could see is that men are the stalker, men are toxic, men are weird. They were the heroes in the story.

The queen was the villain. So recognize that Rachel. But, but Pat, this, how many, like, Disney is just not learning their lesson, bro. From the, from the, the kid stuff to that stuff to changing stories and stuff, how are they doing like stock wise? Are they going down? All this worksheet isn't working.

Go to one year, go to stock. I got them, what you think? No, Rob, go back to where you were at, just go to one year. Disney was the first stock guy ever on your name. They're not too great. Oh, it's taking you there when you do that. Okay, got it. Well, pal, I'll tell you what it is right now. Like I'm

thinking to learn their lesson down. Yeah, it went down from 120 maybe go five years. Let's see what it's like at five years down. Big five years. Yeah, five years. Yeah, it's down. Listen, it's shit. It's the lowest it's been in five years.

Yeah. Yeah. Boy, that's the right that's the right of a lifetime. So Pat, when are you going to learn your lesson? Learn your lesson. Well, listen, Bob Shapak to be fair was not a good CEO. Okay. He was a hardcore woke CEO that Disney had,

that they were co-seos together. I think Bob is the right guy that can help this thing. I really think he has the ability to reason. He was, if he's able to convince jobs to sell, convince Lucas to sell, do you know what brands this guy bought? What Bob Eiger's done in his resume? There's not many people. Maybe no one's ever done this before.

This guy is maybe the biggest power broker of the last 30 years. I mean, this guy's not a joke on what he's done in media. He's one of the biggest power brokers in the world. I am optimistic that unless if they got some stuff on him that they're controlling him, I'm optimistic that behind closed doors he's gonna say, listen guys, this is too much.

We gotta cut the scrap, this is too much. And his ESPN division just very smartly got into OBS, trying to save the division. On celebrity here, celebrities don't understand, like this young actress, that fame may give you a platform, but it doesn't give you credibility or make you smart. And often when you open your mouth, you show that you are not credible and not smart. And you can go through life as a celebrity saying anything you want about the conservative side of the street, you know what I mean? PPD. And there's no accountability for it. No

accountability for it. So you get accustomed to pop popping your mouth off and there's no accountability. And all of a sudden, you go off rails at the presser for your movie coming out that tens of millions, hundreds of millions of dollars have been spent on it. And you about to find that you have entered F.A.F.O. level 10. And welcome. Welcome. A past. To me, it's that simple. You know, and have any accountability for opening your mouth, you pop off all the time. And now you do here, WEMO, and you find out, fame give you a platform, but it didn't make you smart. Sweet. Did you see? Drop a photo. This is seven. It's it's not white. Did you see what the seven dwarfs look like? Pat a robot. They up look at the name but look at them those are the those are the

dwarfs is it not for the new movie is this the movie Rob? I know I know there was a big controversy about Disney's live oh this is a live action that's their live action those are the dwarfs wait man is this Woodstock don? Don't look six four six five that's a diverse no white remake late. Yeah, they had to have one So Rob Rob Google that that's the that's the seven dwarfs live action there that's them and there was a I'm just happy they're all men No, there's a girl in the back. There was a girl in the back. Rob, that's the, that's the, there is a girl. This is these live-action snow white takes walkers

to a prison level. You're rewriting that's a live-action. That's your live-action is those, that's the dwarfs. That guy's six, two. Well, look, I mean, here's what you have to realize. I mean, when it comes out to parents have to wanna take their kids to these movies. It's that simple.

Parents have to wanna take their kids to the movies. And if they simple. Parents have to want to take their kids to the movies. And if they do, you, you prove your point. Okay, it's working. But guess what? The last five movies of yours have been absolute box office flops. Not one movie, not two movies, not three movies. Now I'm doing it and pulling a LeBron here. Not four movies.

Five movies have been flops. Well, five movies have been flops and you're Disney. And that's supposed to happen to you, right? Five movies being been flopped. Well, five movies have been flopped. And you're Disney. And that's supposed to happen to you, right? Five movies have been flopped. Anyways, let's hit a couple other stories here before we wrap up. One of the stories I do wanna touch on is, do we wanna go with this one?

Let me see which one I wanna go to. We got a couple good ones here, guys. Let's pick one of them. Do you wanna do the market interpangue? Do you wanna do anhyzer bush conversation we had with them or do you want to do stay home dads, ESG, or what the CIA oversees China, what they said about America, and then we'll wrap it up with Armenian genocide, which one do you want to go with now? Pick one of them, Tom, you pick it. I think it's important to get to Armenia. That's an important message. Okay, but we'll

do that last. We're going to do that no matter why. Okay, let's an important message. Okay, but we'll do that later. We're gonna do that no matter why, Pat. Okay, let's talk about Hawaii. So we're going later. Yeah. Yeah. Why don't we go to Hawaii? Let's talk about Hawaii. Yeah. Okay, so why don't you lead the way would Hawaii?

I'll lead the way with Hawaii. And me and Rob were talking about this beforehand. I mean, you know, you know, God, absolute tragic event. What happened? I literally prayed, prayed last night for them. 100, I think the death toll pad hit 100,000 people, they don't know where they are.

111 people now. 111 people, I think there was a hundred missing, but they don't know where a thousand other people are. Our hearts go out to them. $5.5 billion in damage. An entire neighborhood full of children had died. And here's the thing, going back to Biden pad, they asked him to do that, it happened to like,

hey, President, the President in the United States, what do you have to say about these people in the tragedy? No, why is that the beach on vacation? No comment jumps in the car. And then when he comes back, Pat, he avoids, you know, that path that they take, that Trump takes to get right to the media, talk to them. He avoids them and walks all the way into the grass. And the day, look, tell me this isn't a spit in the face.

The day it happens, the his administration is asking Congress for $24 more billion to give to Ukraine. That's not a joke, okay? They're not getting the help that they want. Are you serious? I swear to God, Pat, they were asking for money. It could be 12 or 24. Doesn't matter, the word B is involved.

And here's the thing, Pat, I'm not going to conspiracy. Well, first of all, they're not getting the help that they want. They're Biden's going to give them 700, these people lost houses, $700 per household to do what? What are you going to do with that? And I get away from mainstream media. I've been watching on TikTok, on Instagram, the people that live in Maui Pat that live in Hawaii are so furious at the response, the no help, blocking police from helping them.

And you know what I thought about that? They're not getting the help that they want. Why doesn't the mayor, or whoever, just self-identify, change the name to Hawaii to Ukraine, billions of dollars will start coming in overnight. And I don't know, like listen, the emergency alarm system the sirens

Didn't work pat that's the by the way Maui has the largest emergency alert siren system in the world It didn't activate wow. What else happened with the water the water system failed There's reports that they had what's called dry hydrants where the fire hydrants ran out of water or didn't have any water Access to water and Bob is it you know, my might be losing my mind guys, isn't Hawaii surrounded by freaking water and you couldn't get water on to the fires? And this is disgusting for all these demons that are out there. Pat, the day after everything is done, the smoke is start, the fires are done, the smoke is settling.

Real estate agents and people were calling homeowners asking to buy their land, which just adds to the conspiracy theories of all these people. Oprah recently bought, I think in March, another thousand acres in Maui. You know whose houses didn't burn at all Pat? At all, they have mega mat.

Just, this is random. I think God really protects these people. Oprah, Jeff Basel's, Lady Gaga, Bill Gates, Morgan Freeman, Will Smith, Julia Rodgerbirds, zero damage to the house. And listen, again, conspiracy is aside. I saw the damage on the ground. It didn't look like fire's, bro. These cars, there was no glass.

The glass melted around. What is, glass melted, like what, 27 hundred degrees? It looked like a nuke win off Pat. I've been in fires, we're from LA. I've seen really, really, really bad fires. I've never seen vehicles look like how they did and dogs dead in the street that looked like they were faked, like they were from the movie,

uh, uh, I was weird. I've seen that. The response is horrible, Pat. The response is horrible. And this is a United, this is the 50s United States. That should be the help you crane.

Time out for you crane. Go save this place. It's unbelievable. And the alarm didn't go off into a city by the way. And if the alarm that goes off, it didn't go off. They asked Tulsi Gabbard why didn't it go off. They're like, I've heard a lot of different explanations, but I don't understand why it didn't go off.

How does that fail? Let me, I guess give my two cents here. But, I love your cents. Well, the number one store in the Wall Street Journal right now is basically this story right here, Hawaiian Electric New of Wild Fire Threat, but weighted years to act. So four years ago, the utility company said it needed

to do more, to prevent power lines from emitting sparks and it made basically very little progress. They didn't do anything instead. They were focusing on weight for it, a shift to clean energy. So in 2019, which is, I guess there is wildfire season here. 2019 was the worst wildfire that I've ever seen until now. So I trust the Wall Street Journal. now. So I trust the Wall Street Journal. We can look for yourself. What's going on here. I'm not, you know, ultimately it's a freaking tragedy and it's horrible. A lot of people lost their lives. I'm not, you know, on the conspiracy theorist side of things. At the same time, we have every right to ask questions. 100%, you know, I'm for most people that go into conspiracy theories,

I either think that you fall into one of three camps, either you're intellectually lazy and you don't actually do the work and just spout opinions, or you have an agenda and you're sticking to it and you're not willing to learn other ideas or facts, or it's a combination of both. So if you're one of the people that actually think

that there was larger forces at play, that's cool, all good. But go read this article from the Wall Street Journal because there was, it just seems like government and competence, laziness, not doing things in a reasonable manner of time, and then sprinkle in whatever sort of fraud that you wanna throw in there. But this seems to be the number one store

in the Wall Street Journal right now, and they're basically blaming it on a Hawaii electric, which is the only thought-on company. A PG did the same thing in California. There are those old power lines up there in the open forest areas and the grass-hound areas in northern California. There's the fire up there known as the telegraph fire, which killed a bunch of people in a small town because a wildfire pushed by winds came up there and it found

out that it was sparking off of PG&E. It wasn't a cigarette out of a car. It wasn't a camps. It wasn't arson. It was fricking arct off electricity. And so this is, you know, these big power companies that are, you know, these big power companies that are, you know, working with the states and they have lobbyists to help write the regulations. A lot of the stuff should have been retrofitted and it wasn't. And now we've got California and Hawaii.

See here. Yeah. This was the largest wire, why find the United States of 2021 suppressed by the bootleg fire in Oregon? Look at this. And this was... And it's not a shock that this happens

in the dead middle of summer where it's hot as shit out. We've seen world records in every state. It's hot. It's summer, these things. It's just an tragedy. But you know what, though? These are Americans. These are Americans.

How do you feel? Anything they feel when they find out the day after this shit happens, we're trying to prove more billions to go to a different country to fight a war than nobody gives a shit about. I think that's conflating two stories, brother, to be honest with you. I'm not complaining because the response is,

the Ukraine thing is an ongoing story. We did it. When Biden sending $700 per victim to the mad, he fired victims and then we all from 24 billion to you. That's a whole that's a whole that's completely independent stories. No, no, no, no, I'm not the timing. How critical. How

shitty is that timing? No, I think I think about our national party. Let me, let me, let me explain the example in a different way to, to kind of uh, make sense to this. Say you have kids. Okay. Let's say you marry a girl that's got a kid. Okay. Not happening, have kids. Okay, let's say you marry a girl that's got a kid.

Okay. Not happening, but go ahead. But let's say you marry a kid, let me use the example with you. Let's say you marry a girl with a kid. Yeah, very old. She's got a three year old kid, okay. And you and her end up having a kid together, okay. Later on, 25, they're 18 years old, 16 years old,

for the step kid, you pay 100% of college tuition. You buy my house, you buy my car, you do all that stuff. For your daughter, that's your daughter, this is your kid, you do nothing for. No college, she's got to go figure it out herself, she's a big girl, she's got to do it all herself. That daughter's going to sit there and say, why are you doing more for your step kid than me? I'm your blood, why are you not doing it? Now, we can use this there and say, why are you doing more for your step-kid than me?

I'm your blood, why are you not doing it? Now, we can use this example and say, you did it for your neighbor's kid, because this is not even your step-kid. A step-kid may be a state that we're helping out, that's maybe not like our own, we're helping out some community around us because it's a partner that we have in place.

Now you're doing more for a neighbor's kid than you're doing for your own kids. So Biden's doing more for neighbor's kid, Ukraine, then he's doing for US. Having said that, I believe it's a week, two weeks, three weeks away from them announcing that they're sending money over. This is not going to last a long time. The problem with that is the following. The swift reaction is where you lose people, swift reaction to say, here's the camera. This is how many people that died. The biggest natural disaster in the history of Hawaii. And guess what happens on Hawaii a lot? Weather,

storm, hurricane, earthquake on the outside, you know know things are coming in. There's some What do you call it? A bunch of different things cry. I've walked on the volcanoes with lava right in front of us Took us six hours to get to the lava. There's a lot of crisis that can happen in that place This is the biggest one ever in the number one honeymoon destination of Americans They go to Hawaii. That is the place that street in Maui. We all have about paintings on that street I've gone to numbers of restaurants on that street I've watched a Super Bowl on that street when the bears I don't know who was years ago

When the bears had a decent team and they were playing 2005 2000 Whatever was I don't know who was years ago. Yeah, you we have memories friendships drinks conversations boom God people that grew up's some of the nicest people in the world you'll meet when you go to Hawaii. These are people that enjoy life, nature, relax, and enjoying themselves. There's a reason why all these big, famous people wanna buy a place in Hawaii,

because you go there, you feel like you're in heaven. There's a certain unique feeling you get in Hawaii. Can't describe it unless if you go there. There's something very emotional about that place. My dad and I had a very unique moment together when I took him there, February of 2004, when he, I promise him, I say, you never have to work your day in your life

at a 99th cent store. I took him there after Hawaii. He started dreaming again. And my dad is now 81 years old. He's, you know, living a complete, different kind of a life today. I never thought he was gonna make it to a 81. But we always go back to that.

Everybody has a Hawaii story. Most people have a Hawaii story. So I don't like the fact that Biden's not reacting to this. Now in regards to what you're saying, which is a very good point, when you went on Twitter that laser, that everybody fell for, no it's a laser, it was an intentional laser.

That's why I was out of a movie, right? Now that act, we have access to that technology. If we want to, if you do have that technology, we do have have but that's from a movie and in another thing that they were showing was another clip of what happened and Explosion of this of that a bunch of these conspiracies went viral That's the best a negative part of social media that these types of clips are going to scare people and react and all that stuff But you know what else is good about social media very quickly people gonna say hey take that down It's fake. that's not real. And you're gonna get fact checked.

Very quickly in the comment section. So then you either take it down, apologize, or you look like a fool. If you leave it up there, or you just say, I screwed up, I am a fool for leaving this up there, guess what, I'm gonna leave this up there because I don't wanna take it down. You guys are right, I was wrong, this is up there.

You'll comment below. But the three things, compassionate, hate to see something like this happening, number two. Concerning with all the conspiracies that got all of us fired up thinking there's something going on here, extremely disturbed with the fact that the president not reacting quickly and swiftly to do something about it here,

for logistics as operators, what the hell is the city doing? You've known this as a the potential risk and by the way It's in the mayor from Vegas that the shooting cap and what's the story? But so which is and again adding fuel to the fire of these conspiracy There is the chief of police that's in charge of all this is the same chief of police that was in Vegas for the Shooting the Mendelsoothing that's what's his name? Chief John Pelletier led the response to 2017 Vegas, Massachusetts. He's the same chief that was there that's here now. Why would you have to make this job?

He got hired in one. How random is that? Well, by the way, I mean, that's he's got to have won the worst resumes in the history of America for chief of police. So, what's great with great power becomes great responsibility. So this guy, when you're the chief of police, Jim Chitz can happen. Yeah, they're gonna follow you to see what happens.

And it's just, and Pat, it's the inconsiderate, like, and I was watching, like I said, a bunch of videos out of them of people that were there crying, emotional, one lady and hit me really hard. She's like, we have people dead all around here and goes, they're still American, like people from, like, here vacationing,

showing up after this fire, and they're right there swimming and having a great time. And meanwhile, we're looking for dead family members. It's just horrible. The images are horrible. I think Pat, I fully appreciate the point that you're making about the kid and the step kid. I actually think that's a great metaphor.

It made me like, all right, cool, Ukraine, that's the step kid. I would also, I'm thinking, well, we buy it in ant Trump to care of our kids during COVID, stimulus checks, the CARES Act, how many trillions of dollars do we give to ourselves? I also agree with you that this just happened.

This is not even a week old. FEMA's gonna respond, the federal government's gonna respond. They're gonna help out. You gotta be swift, don't bro. Like for example, listen, you know, you call me, okay, like think about this, you call me. You say, hey Pat, what's that? I'm being jumped in Miami by five guys here, bro.

They all look like Vinnie. I'm being jumped in state series. I'm in Miami and being jumped by five guys. What are you saying, dude, I need help. I don't know what the state series. I'm in, I'm in Miami and being jumped by five guys. What are you saying? Dude, I need help. I don't know what's going on. I'm hiding in this one spot. I can't get ahold of anybody.

It's two o'clock in the morning. Okay. Hey, Mario, wake Vinny up. Let's go. Boom, we roll, we're coming down. Yep. Now watch this. You call me, hey Pat, where Miami getting jumped.

Okay, cool. Two weeks later, I'm in Miami. Yeah. The fuck you're doing? So I kept my commitment. I came to Miami. Yeah, I see. Yeah. But I came two weeks abroad. I need you, Miami. Yeah, fuck yourself. So I kept my commitment. I came to Miami. Yeah, I see. Yeah.

But I came two weeks abroad. I need you, Miami. Now, dog. I don't need you, Miami in two weeks. Come to Miami now. Yeah. There's a big difference. So there's the swift reaction is the job of a leader.

The swift reaction is a job of a leader. Move. Now, this is crisis level number 10. Let's roll. You can't sit there and bark. You're the commander and chief. If you reacted like this and war, thousands of soldiers would be dead

because we're moving so slowly. So it's deeply concerning. Anyways, we got time to go through a couple other stories. My next meeting is at 11.30, so we can go 20 more minutes. By the way, I so look forward to the day that we can do podcast three, five days. I can't wait for the day that we can just roll,

you know, doing this kind of stuff because we always behind on stories. Let's talk about what progress we've been making. Folks, one thing I want you to be thinking about, why I'm convinced the future looks bright. Let me tell you why I'm convinced the future looks bright. So I'm on, Joe and I are talking about ESG. Okay, out of the podcast that we do, they choose to put the clip of GSP ESG

on their JRE short clips. Okay, and boom. Next thing, you know, that's posted all over the place. Yesterday, a clip went viral on like 500 Instagram accounts. Hey, Larry think is the president, not Joe Biden. I don't know if you saw that. It's everywhere it's gonna clipped up

and it's been taken off. Okay, then hey, this other clip on Twitter, then on Facebook, all these stories about, well, I didn't know about the fact that all this institutional money would 88% and then people started texting me. Yeah. And they're like, well, you know, the story you're saying,

that there's no way that's true. And then I posted, if you go on Instagram, real quick, Rob, I posted the truth. And I gave people the link on Instagram to go verify everything I said. I said, I want you to go verify me and the people that were bitching at me were liberal. So the link I get, keep going down, the link I gave to them was a link from CNN.

Keep going down, keep going down. It's just words. You'll see CNN all the way at the top. Keep going down, you'll find it. So I posted this, that right there. You can click on that. So this is from CNN, talking about BlackRock and $15 trillion fund industry should be broken up. Anti-monopoly group, talking about BlackRock and $15 trillion fund industry should be broken up anti-monopoly group says, combined BlackRock, State, Street and Vanguard are the owners. 88% of SMP largest owners of 88, this is CNN. 88% of SMP 500 companies, according to a paper.

The big three are responsible for between 73 to 80% of global ETF market. And 45 out of 50 largest funds according it continues to can read the entire article then not to bottom. BlackRock manages more than 87 billion dollars worth of shares and fossil fuel companies and as opposed and abstain about 80% which is talking about nuclear all this other stuff that is going to you can go read this article from CNN for yourself. More all the story. When we started talking about it, everybody started talking about it, and everybody started researching.

This is why I believe the future looks bright, because one can watch this. However many people are going to watch today's podcast, then they're going to say, let me go research this. Let me go look at this. Let me go look at this. Who's a slurry think guy?

Who's bad, I'd love to talk to Larry Fink. If he's open to the, I'd love to have a fair interview with you and we can cover different disc. I'd love fly out, have a conversation, I'd love to do that with you. So, to what about this and what about that and what about this? My God, the more I'm researching this, why are they doing this? Why are they doing that? Within two weeks, what happens?

McDonald's removes all ESG words out of their website. Weird. Immediately, they remove all ESG words off their website. And then outside of McDonald's, other companies start doing it one by one by one by one They drop the acronym. So phase number one is what the acronym is now a curse word. So first They're just removing references of ESG and you can read this article on by Tim and calm written by Connor walk out You can go find this article a wrap So they first remove the ESG names, but not the principles.

So the principles are still there, right? The principles are still there. Then, SMP drops ESG skill from its debt ratings a sigh of relief for capitalism. This is when it becomes big, when SMP is now reacting to it. So let's read this article together. SMP drops ESG from its debt ratings aside really for capitalism.

SMP and Global Major Corporate, debt-rater eliminated corporate environmental, social and governor scores from its debt ratings, responding to criticism and concerns over political bias linked to ESG practices. That means guys folks, we're making progress. The people are being heard. You matter when people say my vote doesn't matter. This is validating that your voice matters. The

great equalizer today is called social media. They should have never invented this because yesterday I'm telling Russell Brian I said Russell you know why I believe the future looks right. He says why. I said let me get the straight. I said you know who you are My I see says who oh not the shirt, you know, or Side of you inside right. I'm saying he starts cracking up I said you were an a-lister You were an a-lister actor dating some of the hottest girls in Hollywood with your accent you entertain the world for getting Sarah Marshall

What the hell are you doing talking about you don't even like capitalist? We were not on the same page with capitalism Why are you talking you've ruined your Hollywood career as an a-list to be picked up and you think Russell brands ever gonna be in snow I never yeah, I think it's gonna be in these movies. That's coming up. I said so let me get the straight You're a Hollywood guy an a-listor. I'm an insurance financial guy. What the hell are we doing, starting media companies and podcasts? That's a sign that Future looks bright. Beautiful. Two different industries.

So let me continue reading this, you and I'll come to you guys. So SMP ESG ratings introduced in 2021 on a one to five scale, presumed companies to align with specific non-financial factors. Again, align with specific non-no, non-financial factors often leading to a loss of consumer connection and financial burdens for compliance ESG's influence, emphasizing factors beyond financial considerations, led corporations to prioritize aspects like diversity, equity, and environmental friendliness.

This shift has criticized for diverting focus from consumers in traditional capitalism, ultimately influencing business, two PCSG rating firms, and guess what, S&Ps now saying guys, we're stepping away from it. This is a black eye for the DI community, for Soros community, for State Street, Vanguard, BlackRock, all of those guys and Soros apparently word came out yesterday,

Rob about the fact that they're leaving what? EU and they're closing up, bunch of their offices and EU because the sun is not taking over Alex. So the people have spoken and more people are saying, you guys are full of shit, we don't like this ESG stuff, leave it alone, stay focused on the business principles. Instead of forcing an anhyzer bush to send beer to somebody called Dilla Moveny, who's not going to drink the buttlight beer.

You just kind of want to be woke and you lost billions of dollars. So thoughts you're from. I love it. And that bleeds into another story that I looked over right there. Target reported its first sales drop in six years after the Pride Month. Yes, Haster. It's like, and Pat, I'm not going to lie, I fell victim to what you were saying where I'm like, the vote doesn't count.

Nobody can hear us. I felt like claustrophobic, but these are beautiful moments and you are right about the future that without being loud and whatever, just us alone, just by our actions, like things do change. And like Target, you think Target is not going to change their woke ideology after this this this month they're they're done they're gonna shift gears well there's multi phases to this and we need to keep our foot on the pedal America this is just taking the phrase ESG off the websites and backing off from it there's still things

that are underneath below the surface to make sure your voice stays heard. As McDonnell says, well, we'll probably still leave some of the principles intact. Talk about a broader shift in our corporate messaging and cultural and political debates. No, ESG, I was reading a article that Americans were confusing ESG with equal opportunity. It's not. Equal opportunity is necessary. So every person no matter where you come from has an opportunity for a job. That is fabric of America and that needs to be intact. But when you turn it into ESG and you start putting all these non-financial measures

and I'm gonna arbitrarily measure on a one to five scale, I am so glad that S&P starts it in 21. It's not even the end of 23 now, and they killed this thing in its crib, I'm glad, because this is not what people want in terms of the expression of wokeism. And more importantly, all Americans want equal opportunity for people, but this wokeism,

and everything that goes with it is not what they wanted, and keep your foot on the gas that this doesn't hide in the tall grass and keep being used even though they take ESG off the webs. You know, you know what's the biggest thing the people of power fear? The people, we talked about this with Rogan. Informed populace?

Not just informed populace, that's one. You're right, let's add that to the list. You know what they fear? Men and women who have faith and hope in a brighter future, they fear that, they want you to be defeated. The half the battle with boxing, someone is what? To look at the eye and say, that guy's already defeated, it's gone over.

One the scariest things when you fight bust or Douglas and you look at him in the eyes and you say, I don't know why this guy's looking at me this way. He looks like he's gone over. Yeah. One the scariest things when you fight Buster Douglas, and you look at him in the eyes, and you say, I don't know why this guy's looking at me this way, he looks like he's got faith. That night he fought for his mom that had just died, less than 30 days prior to the fight. And he won the fight. The scariest looking a man's eye is when he or she

has a look of hope, faith, and fearlessness in a higher power that the future is gonna be fine. Folks, stay optimistic Stay faithful stay hopeful the future looks bright It is the most scariest opponent for the government or the establishment or the people of power to have when we collectively believe Our voice is being heard and our voice matters Don't go to your kids or your peers or your co-workers or say this nonsense about your vote and your voice doesn't matter. I've said that before when I was coming up

and I was a 22-23 year old kid, you know what that language is? That's a language of a defeated person. We are not defeated people. We're leaders. And we're finding each other. The other day I'm in front of my team and headscores guy just drives up to us. Mario thinks this guy's going to come out, he's going to do something. He runs up to the gate, this happened yesterday. And I'm like, okay, Mario's ready, we're ready, we don't know what's gonna happen. It just kinda was sudden that this happened. And we're both looking at him to see how he's walking

and all of a sudden he comes closer, closer, closer, closer. So this guy's a fan. And he's just a litz-man. I just wanted to say, you know, it's great to see you, what you guys are doing. You know, I work down the street. I see the logo here all the time. I've been watching it for this many years.

I just love that you're pushing the envelope. Ta-da-da-da-da-da. And I said, you know, you want me to tell you why the future looks bright? He says why? I said, because like-minded people are finding each other. And that is scary. Like in the movie, I am legend.

They all went and found each other in this place called Vermont. And when they opened the doors, there's light and you hear the sound of church. They don't want you to believe in God faith, hope. They don't want you to do that. And it's happening. That's freaking awesome. I love it. That's freaking awesome.

Anyways, if you had final thoughts, I wanna go to the last two stories before we wrap up. Yeah, I mean, ultimately what this comes down to is the story of capitalism here in America, right? I mean, that's essentially everything that we love and appreciate, the free markets, the free enterprise. You talked about compassionate capitalism earlier today. We talked about crony capitalism last night.

Then there's this woke capitalism that's sort of seeped in to major companies and to corporations these days, but as we've learned, go woke, go broke. Certain companies can withstand going woke, like we saw with Nike and Colin Kaepernick. Certain companies certainly cannot, right? So, Bud Light, no bueno with Dylan Mulvaney, okay?

Target with your man-tuck, weird, Satan, whatever, Satan bueno, with Dylan Mulvaney, okay, target with your man talk weird Satan, whatever, Satan stuff, okay. Disney, we were seeing, you know, they're going to woke. So I think you interviewed Noam Chomsky. I think he wrote the book, what, um, profits over people. And that was a knock on certain corporations and capitalism. But there's the reverse side to it is that when you put wokeness over profits, they'll be held to pay and people ain't having it anymore. So,

bad policies are getting exposed. Exactly. That's the best thing. Bad policies take time to get exposed. Common sense reveals itself and then people say, ah, I can't believe I once believed in that thing. You ever dated somebody and then a year later, you're like, what the hell was I doing dating this person?

All the time. Yeah. Not actually for you, it's different. You're dating me, like, I don't really care. I'm just having a good time. So, but okay, let's go through this. Two stories. One, Rob, I'm gonna combine two stories here together.

So, played a clip, Rob, if you can find it from supermarkets, not supermarkets, Tepangamal, where $300,000 of supplies, was stolen from this place, which our office was at Warner Centro Marriott across the street from Topanga mall. This is the mall I would go to, my shopper who would pick out my clothes,

worked at Topanga mall. She would pick my clothes, I would go there and I would buy the stuff. This is the mall, play this clip, check this out. Why should she? 300,000 hours. California policies. Let's go Kelly. Look at the guy over there. Doesn't know what to do. Is that should I take the shirt or should I run? Yeah.

Look at that expensive bag that's wired. That's got the anti-pep wiring to the shelves. He's just gonna take the shelves with him. Okay, posit. Now, that's California, right? Let me tell you how stupid these policies are. Stay with me here, folks. San Francisco's representative, Kylie, says, crime is so out of control that you

ready, that employees are instructed not to drive to work. Can you please pull this article up, Rob? They're instructed not to drive to work. What the hell do you mean? They're instructed not to drive to work? Well, because it's not safe for their employees. Who the hell says stuff like this? Are we living in a third world country? Let me continue reading this. What pages are some for me to read? That's not page 15.

Okay, here we go. So, Representative Kevin Kylie, California, Highlight San Francisco, rampant crime, due to failed policies, radical politics and political, public corruption, revealing that federal building employees were told to stay home due to the conditions around the building according to a Department of Health

and human services, memo, memo, major businesses, including Whole Foods, Northstrom's, T-Mobile, Sachs, and anthropology have left San Francisco due to rising in crimes causing what Kelly describes as a total collapse in the city. Homicides, robberies, vehicle thefts have surge leading to a population drop of 70,000 people from 2019 to 2022.

The Exodus from San Francisco has resulted in crime affecting affluent areas with rampant larceny's drug crimes comparable to the 80ies in a lack of police visibility Bad policies have consequences and our people are paying the price for top rob roll back to that article You were just looking at just go back and roll up up up up up up up up up up I'm gonna read one paragraph quick in the memo Health and Human Services

Advise workers to maximize the use of telework for the foreseeable future because of the conditions around 18-story building that houses various federal agencies Including health human services and Department of Labor and Transportation. So the people that caused it are now trapped outside their Castles. Yeah, the people that caused it are now like hey y'all stay away from the castle here. It ain't safe This blows me away. This is not government coming in there and saying hey you get a really bad situation here We got to protect our people get away from the embassy that's in this city because there's things going on here So stay away from the embassy. This is not the government saying that this is the freaking government saying We want our people to stay away from our buildings

because after our policies created this, this, this mess, but they don't want to own it, take the accountability for fixing it. Shocking to me. Absolutely, shock. Yeah, I read an article, Rob, where they, no, you have to look it up, Rob, it's all good. They told Nancy Pelosi, like, don't come to this federal building because it's just, it's basically getting over and I saw the outside area, Tom. It's just all junkies, crackheads, everybody's outside.

But then think about it, Tom, she can't go home because when she is home or when she's not there, there's a butt naked guy that's running in there and trying to, you know, have a lot of people. Because there's a normal Tuesday. That's a Tuesday in the Pelosi house. Yeah, because there's a musician in her driveway saying, it's hammer time. I'll tell you what, this is why I love Florida. Okay, let me tell you something, buddy.

We've been talking about snow white and all the Disney stuff and I'm gonna use a little three-bearers analogy. You go too far left, you end up in fucking San Francisco, crime-ridden, ridiculousness. You go too far right, you're out in Virginia super far right, you know all that stuff in Florida welcome to purple Florida Wait, sometimes there were little more red these days sometimes look at a little more blue all good But it's normal and it's free and there's not nonsense going on from super woke left or super alt-right And that's why I love on from super woke laughter, super alt-right.

And that's why I love Florida. But can you imagine that, I just really thought, this is from that stupid defund the police. And then why would you as a governor say, you know what, under $1,000, $988, 98, 98, we're not going to even stop you. And if you work in the business, you can't stop the person or you're going to be the one that gets you. This is not going to work on terms of good for them. It's not going to work long term because bad

policies have consequences that said you have to have faith in that faith hope informed all of those if we have faith hope informed fearless we are finding each other period last story here to wrap up. Nagorno-Garabakh, Armenia, what's going on with them? mainstream media is not talking about the Salad. Armenians face genocide as Azerbaijan, former international criminal court prosecutor warns this is AP news a couple days ago. The former ICC chief prosecutor Luis Moreno Acamp, warns of an impending genocide against ethnic Armenians in Azerbaijan, Nagorno-Garabakh, region, urging the UN Security Council to intervene.

Acampo's report highlights Azerbaijan's blockade of the sole-world connecting Armenia to Nagorno-Garabakh, severely impeding supplies for 120,000 residents. These are 120,000 people. And risking a humanitarian catastrophe, the report notes that there's reasonable basis to believe that a genocide is being committed right now. This situation emerged after Armenia backed forces,

controlled Nagorno-Rabakh, until a 2020 war would have come up urging the Security Council, including Russia and the US to act and prevent a worsening crisis. And this continues with other stories that are asking for support. And you know, Nicole Paschiniun's talking about issues at stark warning, asserting that if it's Azerbaijan

obstructs humanitarian aid via the Lachon corridor, it will prove that its real goal is to start the people of Nagorno-Kharabakh and to subject them to genocide. Pashinin reveals that humanitarian relief has reached Koranzor the gateway to Latshin corridor, but Azerbaijan is hindering its passage amplifying an eight-month-long humanitarian crisis. He condemns obstruction and incomprehensible and unacceptable. Pashininin challenges Azerbaijan's stated, pretext for blocking the court or saying, what does Azerbaijan not allow this cargo

to enter Nagorno-Gorne-Garabakh? Is it not because the real goal of Azerbaijan is to start the people in Nagorno-Gorne-Garabakh to subject them to genocide? So when you hear a story like this, there's a couple different things. Ukraine and Russia, okay? That's an example of, with Russia and Ukraine,

to have the conflict with each other. Armenia, you have Azerbaijan, okay? And then you have this area, Nagorno-Garabakh, that used to be theirs, that is NARs, and now they're kind of sharing it together. It's kind of like East Ukraine, and you know, West Ukraine is like this, Ukraine. They all speak Russian.

This Ukraine is different. So I understand on the East Ukraine side, it's more like this, but West Ukraine is, there's an element of that going on here. But what you don't hear about with this proxy word that's going on between Ukraine and Russia, you don't hear about Russians preventing Ukrainian people from eating food or vice versa.

That's not happening there. They just have a word that's going on between the two of them. Okay, what has happened in here with Armenia and Azerbaijan, it's a long standing genocide that happened many, many years over a century ago, April 24, 1915, over a century ago, a million and a half to 2.2 million Armenians, Assyrians and Greeks. You know, you're Assyrian? Yes. I'm Armenian and Greeks are part of this. That now some, I don't know what the number is, 60 plus countries. I've said no, this is an event that took place.

There's a great movie that was done by Kirk or Corian, where Christian Bill isn't the movie highlighting what the motive was behind the insurance policies. And if you've never seen it, you gotta go watch this movie. I think it's called The Promise Rob, if you can pull up the movie. But it's tragic what's going on there. I know in LA, Adam Schiff, believe it or not,

is going out there writing a letter, I believe, to Biden saying we gotta do something about this. And Adam Schiff is a letter, I believe, to Biden saying, we got to do something about this. And Adam Schiff is a guy from the left that's sitting out there saying, we got to do something about this. It's catastrophic, it's heartbreaking that this has happened in. But at the same time, I hope mainstream media starts talking about this. So it gets the attention of people because there's different kinds of support. There's the support you give to Ukraine because you want Putin to fall,

because you don't like Putin, right? That's kind of like, you're getting involved in elections. Kind of like this gentleman from China that said about what they're doing in US to hurt kind of the candidates. It's a speech that we haven't played yet. And then there's difference between that versus supporting what's going on in Hawaii

or actually helping people that are in major need because a genocide is taking place But you don't want to get involved because Azerbaijan and Azerbaijan is linked to Turkey Turkey's Erdogan and they now have won the best militaries in Turkey and he just recently won an election which was very weird because a lot of Turkey. Don't buy yeah us. Yeah, bill by us so so deeply concerning it's something that you know, when I sat down with Tate, and then Tate and Tucker had a conversation with Azerbaijan, and the comments that was made about

Azerbaijan, we don't know all the stories about everybody. I'm about to have a debate here with two folks that are pro-Muslim and two folks that were not, and they've all agreed to come and do this, I can't wait for this podcast going to be in the next month or two, it's going to be great, I've been having a lot of conversations with Muslims because I think this is a conversation and two folks that were not, and they've all agreed to come and do this. I can't wait for this podcast going to be in the next month or two. It's going to be great. I've got a lot of conversations with Muslims because I think this is a conversation that I want to have. The folks, especially the leaders at the top of Azerbaijan and Turkey, what they're doing with Armenians is a travesty.

And I think when some like this happens, where people are standing in line for hours to get bread, some areas don't have water, food, medicine, kids are sick. They don't have access to the basic stuff that you need on a daily basis. It's catastrophic. Our prayers goes out to the folks there, and we hope more people talk about this to bring attention to what's really going on over there. Having said that, today's what?

Today's Tuesday or Thursday. Thursday. Thursday. Rob, do we have podcasts? Once in next podcast, we have. We have podcasts Tuesday and Tuesday, Thursday afternoon and Friday of next week. Tuesday, Thursday afternoon and Friday of next week.

So we're doing three next week. So your dream's coming true. You're talking about it, you put it out there? Gang, if you're watching this, we're about to announce our next town hall. Okay, we're about to announce our next town hall and our next live podcast. The one I'm trying to put together

is gonna be freaking epic. And those tickets are gonna sell out. And all you guys that messaged me afterwards, pissed off saying, I wish I would about a ticket. If you don't wanna be part of that camp, text award podcast to 310-340-1132. Again, text award podcast to 310-340-1132, because you're always the first to get the link

to the next guest at our live event. So if you're not on that text distribution list, you are not gonna get it. Having said that, have a great weekend, everybody. We'll do this again next week. Take care, bye, bye, bye. Patrick Biddivine here from the ITM and Pugodri podcast. Look, once a year, we host a conference called

the Volc Conference. It's our Super Bowl where 3,000 entrepreneurs, CEOs, executive salespeople from around the world come together to spend three and a half days together, from August 30 to September 2nd at the diplomat resort in Miami, to learn how to scale their business, how to identify their next 5, 10, 15 moves, who to recruit next, who to go raise their money

from, how to raise capital? How to property scale? Culture, retention, higher fire. All of those things end much more. And we do that over a span of three and a half days. And reason why it's a very important season to attend a conference like this to follow and reason. Today, there's three different types of people.

They're scared. They're those that are content and the obsessed. To scared, they don't want to do anything because they're worried about what's going to happen to the economy. They're going to take a big hit. The scared, they don't want to do anything because they're worried about what's going to happen to the economy. They're going to take a big hit. The content, they're walking on a St. Life is pretty okay. I don't need to do anything else.

And then there's the obsessed because they see a massive opportunity today. So imagine spending three and a half days with 3,000 obsessed people that want to grow in a season like this. Imagine how much you can run from just those relationships and networks. So on top of the people that are going to be attending at this event, this is probably

the best lineup we'll ever have out of all conference. Tom Brady, 7-10 champion, I'll be interviewing him. He'll be out of all conference. Mike Tyson, Wilgidera, the gentleman who ran the restaurant 11 Madison, New York that went from a regular restaurant to a one-mission and start, two-mission and start, three-mission and start, and eventually the number one restaurant in the world. He's going to talk about how to treat their customers. So look, if you've not registered, yeah,

this is my recommendation to, I never went to conferences when I was coming up by myself. I always went with a spouse, with a business partner, or running mate, because I only have a lens on what I see. Every night afterwards, we would sit there and say, what was your biggest takeaway? So get yourself your spouse, your partner,

you're running mate registered to come spend three and a half days with us at the Diplomat Resort in Miami from August 30th to September 2nd. I will see you there. [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUT OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ Yn yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw'n yw you