PBD Podcast - Home Team | PBD Podcast | Ep. 296
Episode Date: August 22, 2023Today 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. Protect yours...elf against CBDC control with - American Hartford Gold https://offers.americanhartfordgold.com/patrick-bet-david/ Text PBD to 65532 or call 866-939-6984 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
Transcript
Discussion (0)
I
Did you ever think you were making it?
I still I'm so so you take sweet the
I know this life meant for me
Why would you plan on the life when we got bad David value came in giving values Contagious word on entrepreneurs. We can't no value to hate it. I didn't run homie. Look what I become
Okay folks look we decided to be the first podcast to do the responsible thing
And and mask up because we're concerned about your study came up from a city called
Am I pronouncing this correctly?
Adam Revin's book.
Revin's book.
Adam is a gentleman in Germany,
which is the home of this gentleman,
sweetheart of a guy,
Klaus Schwab, who believes now there's possibilities
of you getting COVID through watching podcasts.
So we decided to be fully responsible
and wear this mask again
will break. I first on your eyes. It is. It's been two years. I forgot how to use it.
And you show us the articles that came out with different companies. Here's Lionsgate,
Rean States mask mandate in parts of Santa Monica office following COVID outbreak. And what's
the other one that's doing it as well? Atlanta College brings back COVID mask mandates
as government doctors in Seattle call for face coverings
to be compulsory for healthcare workers
and mid-rice of new COVID variant, BA, too, that 0.86.
So folks, we're being responsible,
but having said that, for the sake of living in America,
we're gonna be free and take this shit off.
Yeah, it's the mandate problem. Hey, you remember what Arnold Schwarzeneg I said, how would you free them? Yeah, I want to wear the mask
He said screw your the man's a
Serves say good-and-toged cloud Schwab
Consumers, my love Ashleckon
Whatever that's all right, so listen, I just told cloud Schwab to kiss my touch. Oh, perfect. Perfect.
Respect.
Okay, listen, a lot of stories.
The debate's coming up tomorrow night.
The first debate.
Trump's not going to be there.
He's saying he's not going to be there.
Apparently he's going to be doing a show with Tucker Carlson, Dostod together, which he's
got a 46 point lead.
He's got a big 23 point lead in Iowa.
And there's a lot of people not happy about it, but he's not shown.
I will talk about that
there's gonna be predictions on what we think is gonna happen with the debate tomorrow mortgage rates hits
record breaking highs in
21 years
Adam is making static news as China falls into the deflation the mood turns dark we'll talk about there's a video
I want you to watch from China looking for a new car into $20,000.
Good luck.
Your choice has dwindled to just one vehicle.
America's fight over tipping at restaurants comes to its biggest battleground yet.
How much do you tip?
CNN Jake Tapper was forced to do something he didn't want to do.
You got to see this clip.
But you know what I respect him for even saying it, where no one's saying it in that channel.
The realiscent throws money behind Tim Scott and not just $3,300.
He throws some real money behind Tim Scott for 2024.
Tom will cover that.
Murdock asks GOP's Glenn Youngkin to run for president in 2024.
Hawaii, Biden shows up, folks, you know a person is winning and doing very well with the crowd.
When I show you this clip of the warm welcome,
President Biden got, when he got to Hawaii,
driving up in his car and security,
yeah, there's gonna be a moment where in this podcast
you may get emotional, I think it's gonna be
when I show you this clip, race for impact.
Biden campaign predicts GOP candidates
will out-mega each other at the debate.
I don't think that's gonna happen because there's a lot of people that don't want
mega to be leading the way.
And heizer Bush renews partnership with Washington commanders.
As teams official beer sponsor, Kid Rock apparently was seen drinking Bud Light, Vinnie.
What happened?
I know what?
My gosh.
Yeah.
Americans burning through excess savings from the pandemic will cover that.
Stay home dads, maybe we'll cover that.
A stunning social change.
A lot of people are alone today.
We talked about the debate.
Few things with Trump, Biden, Hawaii will cover that.
And then, you know, the Santas is comment about,
what was the list list, vessels?
List list vessels.
And then maybe we'll give a quick shout out
to Rachel Maddow and there's
some stuff that's going on with Logan Paul, Jake Paul and Dylan Dennis that I think we
will eventually comment on today.
Having said that, let's get right into mortgage rates.
Time.
Mortgage rates soar to their highest level in 21 years.
US mortgage rates, a 30 year fix, officially average average 7.09% in the week ending. August 17 up from
6.96 to prior week according to Freddie Mac rising rates have been persistent exceeding 6.5%
since May and I've climbed further since mid July. The last instance of rates over 7% was in
November of the preceding year and the current average rate is the highest since April of 2002.
We're talking pre-big short.
We're talking pre-Michael Burrey saying the real estate market is going to collapse.
This is right after 9-11's what we're talking about.
The surgeon mortgage rates is affecting home affordability and sales with a combination
of low inventory and higher cost leading to a 20% drop in home sales compared to the previous year despite the strong economic
growth challenges arise from high cost and inflation concerns.
This is huge.
What's huge about it is that this is a national average.
This isn't like a regional spike.
You know we've looked up here and we've had Rob go on there and you know pull the averages
on the Google search and you can say 8% in certain areas.
This is a national average, and the national average has grown now, 7.09% on a national
average is bad.
That really means that you probably have some areas out there and some types of consumers
that are seeing 8.5, 8.25.
If they're even choosing to get into that mortgage, because when you translate the buying power of an eight and a half, that's not a whole lot of
house. And prices are staying high because the inventory is staying low. This is what we
thought was going to happen last year is now happening this year. And remember, the fence
has they may not be done raising interest rates or maybe another quarter point coming in
the fall. Okay. So let me ask you a question.
When do you think it's going to go back down 6%, less than 6%.
I think I'm looking now at end of first quarter next year, because that's when the Fed
says that they will be considering.
Remember, they have to see line a site and see that 2% inflation.
And then the Fed is talking about like maybe next year early second quarter,
they might give a quarter point back, but they don't want to see wage growth too hot, and they do not
want to see inventory, excuse me, inflation above 2%. So it's, we're probably, probably here for
the next nine months. And the Fed's not helping because they're saying,
well, you know, in the lead autumn,
which is right in the middle of the upcoming six-month window,
I'm talking about here.
We may throw another quarter point at it.
We're still not happy at inflation's down.
This is bad.
Now we have national averages here.
And as you pointed out, April 2002, folks,
that was a recession ahead, six years ahead.
Tom, let me ask you a question.
I'm going to ask you a question.
October 28th of next year, where will, where will rates be?
October 28th of 2024, where do you predict rates will be?
October 28th, 2024.
A week before election, where will rates be?
I think it will be back down to like a six national average, maybe a five seven five five seven five
October 28 of next year. So you still think it's gonna be pretty high, but it's gonna be less than six
Yeah, unless in the 709 that's here and less than six. I think
The incumbent
Biden administration will do everything they freaking can
They're manipulating the job stats. We've talked about this at length So I think that they're gonna do everything they freaking can. They're manipulating the job stats. We've talked about this at length
So I think that they're gonna do everything they can to
encourage the Fed to
To drop it a little bit. Yeah, I fully agree. I believe that the
current administration will do everything they can to artificially inseminate the economy
Especially during an election year obviously they want everything in their favor.
Biden doesn't have a ton to run on.
His approval ratings are in the low 40s dropping.
We've got two leading candidates, Trump and Biden, both in the low 40s, national
averages.
So if you have the power of the purse and you have Jerome Powell on your side, and
you've got Janet Yellen on your side, and you've got maybe even even like the big banks on your side what have you you're gonna do everything you
can to try to artificially make the economy look better make the stock market look better make
mortgage rates look as good as they can make gas prices look lower make everything that's going
on the economy look as good as possible so you are right. So continue continue would have reelection would a nice fake economy like the way we've
been doing for the last 20 years and then just to keep in mind with the
mortgages if we kind of zoom out just for everyone's perspective because a lot of
our listeners you know if especially if you're in your 20s and 30s you don't
remember prior to 2000 2002 when this is the last time that rates were this high, 7%.
If you go back to when literally our parents, let's say, or Tom, maybe you bought your first,
what year did you buy your first house?
First year?
92.
Okay, so 92.
So just to give you guys some context out there, in the 80s under Reagan's presidency following
your good friend friend Jimmy Carter,
the reason that you're in this country shout out to Jimmy.
I think he's about to be 100 by the way.
I wanna say that the average rate was somewhere
in the 12 to 18% rage.
I think it maxed at 18 and a half percent.
Think about that.
That is a credit card that you're putting a house on.
You're putting a mortgage on.
That's insane.
If you're paying 18% of your credit card,
I'd be raising like red alert, red flag,
do not be paying that much money.
That's how much money people were paying for houses
in the 80s.
You think they get back there?
No, hell no.
That's unsustainable.
Nobody's gonna pay that amount of money for a house.
At least I wouldn't.
But then, as Tom pointed out, in 1990s,
I think at the heels of the uh... bush administration when when
clinton got elected ninety two would go to went down to
single digits nine ten percent and we saw it after
uh...
two thousand you said it hit seven percent i think you said uh... april
two thousand two that's right after
not eleven everything that happened with that and we saw what happened
with the obama administration and everything artific happened with that. And then we saw what happened with the Obama administration and everything artificially,
sort of heading along, we already say,
ZERP, zero interest rates policy.
Yeah, exactly.
So rates were what, you know, two, three, four,
five percent, zero, and so on.
What are you going with?
I'm just giving some context that if you think seven percent
is high, do your research, it's actually somewhat normal
over the last four years. Okay, good point. So is your point that we should keep it at seven point and stay here?
Do I think we should keep as someone that's looking to purchase the first home hell now,
but I would understand if rates kind of stayed in the five to eight percent range over the next
decade. What do you think we should stay here? I actually think we should stay here for a while.
I don't know if you guys are following what's going on
with China, with the development that we have going on
in China, with their biggest ever grand,
not even ever grand.
There's a company that's even bigger than that.
It's called Country Garden or something like that.
If you can pull up Country Garden some weird name.
These guys had a $441 billion one revenue last year in 2022.
They just missed their debt payment.
They literally just, you know how much your debt payment was?
$20 million one.
They missed the debt payment.
How do you miss the debt?
$20 million.
This is kind of like, by the way,
it's a $441 billion one company a year.
Just missed a $20 million debt payment.
That's like you're making just to kind of put things
in context.
Tom, can you do the math on that?
It's like you're doing it.
Yeah, if you want to do that real quick,
do that.
If I'm doing $441 billion, that's nine zeros, right?
You miss a $20 million debt payment.
Am I doing that correctly, Adam?
So that's like doing what?
Take this, take this, take this, take this out.
That's like you're making $441,000 a year
and you missed a $20 payment.
Yeah, that's nothing.
That's what they just missed.
It's supposed to be nothing.
They missed it because they accelerated.
So you know in China, they have a city in China.
The Paris of China.
Have you followed the story, the Paris of China?
Can you pull this up?
There's a city in China that is
Tuanburg, I think, Tia Du Cheng.
This is a city, Tia Du Cheng.
They've built every single thing.
The same way it is in Paris in Tia Du Cheng.
That's it right there.
It's Shandeli, say, identical.
The Eiffel Tower, same size identical.
Can you go pull up some type in
Tian Du Chang copy paste that and go to Google, type that in the right
next to it, put Paris. By the way, shout out to your French accent.
Show them your home. Go to images. It's called having a friend that said
in front of you that was French for a couple of semesters. So check this out.
I got a nice, pal, so.
So, look at that.
Identical, same exact thing in China.
So what are these guys doing?
They're spending so much money.
Do you know how many vacant homes they have in China right now?
Do you know how many vacant homes they have in China right now?
Do you know the number?
Millions and millions.
65 to 90 million estimated vacant homes.
And they're unemployment right now for ages 15 to 24 years old.
15 to 24 years old, ages 15 to 24.
It's around 140 million people right there.
It's 21, 22% right now unemployment.
Correct.
They have so much problems going on in China.
Why?
Because the knob you control as a country, if you cool and heat it up and not allow capitalism to do it, you're
eventually becoming God. You're acting like God. Like, don't worry about it. We are the
gods of economy. We are Jerome Powell. We are, you know, Fed. We are the US government.
We are the Congress. We can do whatever we want to fix the economy. And in all of a
Sun, you fabricated so much, so much success that China last year
lost 10,800 millionaires that left
the exodus of millionaires in China.
They're estimated to lose 13,500 millionaires this year
and guess what, last year in 2022,
400 people in the world fell off the billionaire list.
Guess how many was from China out of the 400, 228?
Let me say this one more time.
Out of the 400, 228 fell off the billionaire list
and they're out of China.
So bring this back to US.
I think we need to stay at the seven point mark
for a minute and realtors and loan officers.
I would be saying this, the message he gave,
which was important, let's go back to what we were at in the 80s and 90s and this may be the new norm, this
may be the new norm.
And I would talk to my clients and I would, if I'm a loan officer right now, real time
I'm going to say this, listen, get this thing at 7% today.
Here's why.
Say the rate's dropped to 5.5% next year.
We'll refi.
But get it at least at 7% to get you because you're going to get at a good price because
the problem is, what if it stays at 7%
What if it goes to 8% what if it goes to 9% lock it in at 7 when it goes lower
We will refi that would be the approach I would be taking because if America plays with fire on wanting to be the
God of economy all of a sudden we're gonna wake up on the insane what the hell are we gonna do with all of this debt that we got going on
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Okay, so that's the mess that's going on in a month.
I wanted to kind of revisit some of the China stuff because I think what you're saying is
very important because why is China important? You know, one of the biggest lessons I've learned,
many of the lessons I've learned since my attainment, one of the biggest lessons is the threat
of China, you know, what's the China by 2030, China by 2025, 2035, 2035 every
year, they kind of keep pushing it back. A lot of those predictions were pre-COVID though.
But since COVID, some of the information that they've been so secretive about and they've
been playing close to the vest have sort of come to light. Why? Because a lot of people
have been examining China. And if you look at the Wall Street Journal, they've actually
done a great job. And we definitely advocate you reading the journal. But here's
some of the headlines of the Wall Street Journal in the last week. Number one, you talked about
the unemployment rate of China's youth, right? 21%. So the Wall Street Journal article says,
China's young, restless, and jobless. Youth unemployment doubled since COVID-21%.
By the way, the government is now telling college graduates,
college graduates, to settle for low-paying blue-collar jobs.
They're, quote, it's okay to lie flat
and that you should work hard jobs.
Why? Because you should learn to eat bitterness.
This is some of the vernacular that's coming out of China.
Interesting. The second article was, has China is China passed its peak? All right, cool, good to know.
After everything that's going on China, that'd be interesting to do. And then you talked about this,
sort of the billionaires. You said 222 billionaires.
Maybe 28 out of the number 128.
We're ridiculous. We remember in 2020 when Jack Ma went missing.
Yep.
And why did I was Jack Ma on the headlines?
Because he's probably the most famous person
of tech billionaire out of China, Ali Baba.
But there's so many multi, multi millionaires,
billionaires whose names we don't know.
Who knows what's happened to these guys?
We've seen a tech crackdown in China.
But here's the third article that I read.
Wall Street Journal, China will hunt you down. So whether you're Jack Ma, whether you're billionaires, whether you're
the weers that we've learned about in work camps, or whether you're living in Hong Kong
and you're living in fear, and what we know about China is they will suppress any dissenting voice that dares to question the CCP.
But here's what's interesting about China,
because for years, we've talked about the threat of China,
the red communism, CCP, what was the admiral
that we used to have on?
Who you talking about?
The gentleman who used to have a show?
Spalding.
General Spalding, I learned a lot from him. He was great.
Here's what we've seen since China.
All right, the GDP has dropped.
The foreign investments have dropped significantly.
I want to say it's 14% since COVID.
They call it the decoupling of China, aging population.
We can talk about that for a second.
Tourism is plummeted.
Who the hell's going to China these days?
Nobody.
Okay.
Foreign investments.
We talked about Evergrande and the other real estate
firm, what was it called that you just mentioned?
Country.
Something.
So, you know, they have a name for these cities.
They're called ghost cities.
Yes, ghost cities.
They've basically build up these cities with the expectation
that millions and millions of 60 to 90 million residents
have been are vacant right now and nobody's moving there.
So these ghost cities are literally empty.
Talk about listless vessels that nothing going on there.
But we all know that in China there's no freedom of speech, there's no internet, there's
no social media, you can't question the CCP.
But let's take a step back and talk about GDP.
So we all know that United States
is the number one country in the world, GDP.
So we're about what, $25 trillion, I want to say?
China, distant second, 18 trillion when it comes to GDP.
Right, there you go.
So 17, 18 trillion, there it is.
And then it's not even close.
When you go from three to 10, three to 12,
where you go 25 US, you go 18 China,
then you have very far down below that.
You got Japan, Germany, India, UK, and France,
all in that three to four trillion dollar range.
Then you've got like what I call the twos,
you've got Russia, you've got Australia,
you've got Italy, Canada, Brazil,
Australia, they're all basically below two.
But here's what's interesting.
China, you know, as well as they're doing, from a GDP standpoint, number two in the world,
there's actually another term that they call GDP per capita.
You're familiar with this, it's like, all right, not how much, not gross domestic product
that the country is outputting, It's how much per person.
Take a guess where the United States is GDP per capita.
Don't pull it up, Rob.
Versus China.
Just take a guess.
Per person?
Per person, like rankings in the world.
So if we're number one in China's number two, GDP,
total GDP, where is it per capita?
Take a guess.
Well, you got 23 trillion divided by 335 million.
That would be the US number.
You really bought this math right now?
And then you would do 18 trillion in China divided by,
but two billion, 1.4 billion.
Yeah.
So what do you have? Tell us.
All right, nobody wants to guess the rankings.
All right, fine.
I had hers.
Sorry, guys, we want to play this game.
So number one in the world is Pat's arguably favorite country,
Monaco, if that's considered a country,
a region, South of France, South of Italy.
So Monaco and Luxembourg, number one in terms of GDP per capita.
So let's move that out of the way.
United States holding strong at,
but up, number seven in the world.
That's money in each person's pocket.
So China, not in the top 10, not in the top 20,
not in the top 50, they are number 64 in the world,
meaning there's some rich ass billionaires
and some very, very poor people in rural China.
They've been obviously over the last three decades. Their middle class has been rising.
What a point you just made.
Yeah, by the way, fantastic point that you did the research
on that to share with us.
I will tell you, Rob, can you pull up what I just sent you?
Okay, can you go to the charts, edit the dates,
go to the right above you, it says calendar,
right next to the plot right there.
So you write the click on that and change the 2022 to 1980.
Just change that to 1980.
Okay, check this out.
Yeah, and then put the space between it.
Now you kind of messed it up.
Yeah, there you go, right there.
Click on that.
Okay, zoom out a little bit.
Zoom in, zoom in a little bit so we can see it.
No, no, no, no, no, Rob.
Okay, go back to the days to, okay, there you go.
So, bring this in so the audience can see this.
So this is Japan and go up, there you go. Perfect. So this is to, okay, there you go. So bring this in so the audience can see this. So this is Japan and go up, if there you go, perfect.
So this is Japan, okay?
The perfect comparison of China
to see what's about to happen to them as Japan.
Look at the growth, Japan,
this is their Dow Jones.
It goes from 5,000 in 1980,
all the way up to 40,000.
In 1990, one of the fastest grown economies in the world,
this is when Toyota was God, and their CEO was Jesus, okay?
Look what happens to these guys,
when they try to fabricate with fake economy
and cheap money, quickly developing everything,
look how that thing goes from 40,000 in 1990.
It drops all the way down to what?
4,000, 6,000 in 2000, okay, 2002.
And it stays there out around what year is that right there?
If you look at, there's a show, take you there.
Okay, it's okay, it's a 2002.
And then you go to the next bottom that you show,
it's around like 2009, whatever that bottom is there.
And since 1990 till today, guess what?
It's never gone back to what it was in the Netherlands.
They're still having recovered yet.
They're getting close.
They haven't recovered.
In 33 years, they haven't recovered.
What China is going through right now is catastrophic.
Is what they're going through right now.
They're going to try to fake it till you make it for as long as you can
But let me tell you something when you when you fake it till you make it like imagine when you're hanging out with a crowd
And they're all rich and you're trying to act like you're rich, so you go to a restaurant
Hey, yeah, let's do a bottle of you know, whatever just bring it is
It's a spade's my show done
Guys, it's hey just bring us all the Torah from the underground area of Japan
We're only the president each of bring us all the Torah from the underground area of Japan. We're only the president, Eatson.
Bring us that's like, I'm gonna go to the back.
I'm gonna go to the back.
And then all of a sudden the bill comes out.
The bill is $38,000.
It was split between four of us.
Look man, it's 95.
I'm gonna want you guys.
Let's tip this guy.
Let's tip him 10 grand.
$50 grand, $12,500.
Do you want to give your credit card?
Like, oh shit.
What's going on here?
You know those winners?
Did you always go to Vin winning. Yeah, my bank
China has been living off of fake money for a long time
Mm-hmm, and their people are starting to realize and they're slowly wanting to leave
It's kind of like this. You know how you want to leave the party? Nobody knows
Yeah, you're like you just gonna leave the mix on about it. See me here. Boom. I leave that's kind of what the people in China are trying to do
They're trying to leave China without the government or the economy knowing to go to a different
place and try to take their money out quietly, but you can't take your money out quietly.
It's called an Irish exit.
Let me say one more stat and I'm going to hand it over to my god, the biz doc, who you know
he's going to give you some good stats.
The last thing that I think we should bring up is everything that you've highlighted with
India.
This past year, India has now officially surpassed China
as the world's most populated country.
I think India's at 1.5 billion, I wanna say.
China's at 1.44 in that range, whatever the number is,
depending on how many people are missing this week.
But interesting enough, because of their aging population,
due to their, a lot of it, the effect of the
one child policy, a lot of young female babies went missing because, you know, you wanted
that, that male son. Here's China's population in the next 100 years. It's expected to go
from 1.4 billion this year to 1 billion by 2080, okay? To below a billion, 800 million by 2100.
So in the next 100 years, there you go, boom, stats right there.
So, you know, what's the one idea I'm always saying?
Like, hey, Pat, more chicks.
You know, saucecats, by the way, tune in today for a talk.
Not helpin' though.
You're not helpin' though.
You gotta make kids.
Until you have kids, man, I wanna see,
I wanna see you ask a personal.
Junior Adriano, junior, sitting next. We're working on that, Pat. There might be a I want to see you make a personal junior Adriano junior sitting next
We're working on that path. There might be a couple baby mamas, but let's not a deviate
But here's the difference the one child policy has basically
Turned China into an all-dude sausage fast party. Yeah, man. That's awesome. So the United States clubs and Kentucky
I used to know no fun by the way do not try to come in all dudes to a club in South Beach, never gonna happen.
So in the United States, you have 98 males to 100 females.
So you walk into a party, there's a couple more chicks,
you're like, oh cool, I can get down like this.
That's kind of how clubs operate.
Typically you want more women than men,
that's, you know, supply and demand,
it's, you know, hyperchamé, it's finest.
But in China, it's 105 men to 100 females. So you walk into a party, it's fine as, but in China, it's 105 men to 100 females.
So you walk into a party, it's like,
God of sauce, fast up in this piece.
That's what's going on in China,
especially with the aging population.
Old men running around the country.
Tom, I really appreciate your dive into it.
I love listening to stats like that.
And one thing I'll add to Adam is remember one thing
about Japan.
Japan the 90s was the decade of crash,
and then the OTS, the OOs,
was the decade of slow growth back.
And they finished 2010 at 10,000,
where you saw that there.
So they sort of finished where they started in 1980.
And they've kind of grown past that.
One of the ways that they've grown in Japan,
they have a currency that's tied to the international
monetary system.
The yen is actively a part of international monetary trade,
currency trade.
China has never, ever, ever pegged its currency
to the international monetary trade.
They've never pegged it.
They've artificially adjusted the value inside
turning the knob, which is the same problem that Stalin had, and if you want to go back
and look at this in history, with his five-year plans that he started in 1925, your plan.
We didn't make it. Well, we're going to make another five-year plan. We didn't make
that. Another five-year plan. And the human toll was terrible. So when you sit inside
yourself, the way China is now and the way Stalin did,
what happens is you don't get where you're going,
you're gonna end up somewhere else,
and that's exactly what's happened here.
And at least Japan learned after 20 years of strife,
decade of crash, decade of flat,
they're now coming back,
but they're coming back on rational economic policy
and a currency that is tied to all the rest
of world currencies where you go up and down based on the value you create.
By the way, the challenge here for these guys is, you know, everything is about
looking at other case studies to learn for yourself. If you can't learn from
other people's mistakes and you repeat it, you know, that's your fault. It's
you didn't you didn't process what the other person's mistake was. China's not
learning from Japan and we as China's not learning from Japan,
and we as Americans are not learning from history.
We also keep printing more money,
hoping to delay the problem to the next phase
and the next phase and the next phase.
This whole thing was about,
we should stay at around 7%,
I think we should stay at 7% plus for about a decade,
and see what happens.
It'll discipline everybody.
By the way, I'm gonna lose money if I do that,
because value is gonna come down.
But I think we need to stay at a disciplined number
for a decade.
Let's get stabilized.
No more printing of money at the US government
unless if they can lower by 10%.
If you can lower our national debt by 10%,
you can come back and ask for more money
to be printed by us.
If not, don't come back asking for more money.
Let's just pump the break.
You know, there's freezes in different industries.
Let's put a freeze in Congress printing more money for about 10 years.
Let's see what happens.
What if publicly we announced you can no longer print money unless if a natural disaster
happened.
You can't say more entitlement, more this, more that.
Let's go for 10 years and see what that looks like.
But knowing the way our government is set up, that is very highly unlikely. Adam, I'm gonna move on
Okay, so the next story here. I want to go to looking for a new car under 20,000 good luck your choice has dwindled to just one
vehicle and here's what that vehicle is
The availability of affordable new cars in the USS D has dramatically diminished with only Mitsubishi Mirage.
Can you pull up the Mitsubishi Mirage?
So we know what that looks like.
Fully loaded, right?
Mitsubishi Mirage remaining under 20,000 orders.
This shift comes as the Mirage average sale price is under, is around 19,000, 205, contrasted
against the current average new vehicle price of over $48,000 significantly
higher under pre-pandemic levels.
The Mirage's affordability attracts certain buyers, Karen Shapy, what a name, that makes
sense.
Karen's buy Mirage's, who opted for a Mirage, noted that while she could have afforded
a more expensive car, her preference for a small vehicle drove her choice.
The Mitsubishi Mirage's future is uncertain.
It might be phased out soon, leaving buyers with even fewer affordable new options.
While there are other low-cost cars like Kia Rio or Nissan Versa, the decline of sub-20,000
all of vehicles may lead customers to consider certified pre-owned cars as a viable second option is what they got going on.
Tom, what are your thoughts here with the Marage? Is this something we should be looking into as a
value-taming car? Oh my gosh. It's this little car. It looks like a delivery car. Like you could
wrap it with a logo for DoorDash or something and it just is the little delivery car. It's cute.
You know, pulls up to your house. Guy jumps out. It looks like my car, dude. And I think and it just is the little delivery car. It's cute. You know, pulls up to your house, guys, I'm sad.
It looks like my car, dude.
And I think what it just shows is what inflation
is done to the price of cars.
When the starting point is that thing for $20,000,
and I'd love to see the crash rating on that thing,
I think you just underlines, again,
what inflation has done to vehicles that the starting
price at 20,000 will only get you that.
Now that's a little car I'm sure it's reliable and it should be really great if you wrapped
it door dash wrapped, start delivering and stuff done to get much space in the street.
But I think it just underlines just that the cover charge to get a car now is 20,000
little cards. Yeah, by the way, it continues with another story about Wall Street
journal car prices might be unsustainable for buyers might be. Well, this is what
Wall Street Journal's Tomah Carp has have surged in the past five years, leaving
only one model, which is the Mirage 42 weeks. The average American now requires 42
weeks of income to pay off a new car.
Up from 33 pre-pandemic numbers,
used car prices have risen by over 30% average
and at $27,000 compared to pre-pandemic levels.
New car loans demand a monthly payment exceeding $750,
but an interest rates wholly moly of 9.5%
while used car loan rates are around.
Ready, 13.7%
didn't beat my rate that I got in the army at FMAX
33% can't talk, I have the contract till today,
Clarksville loans issued in the past three years
have an average terms of nearly six years
despite loan employment, auto loan delinquencies rates
are at their highest since 2006 defaults on loans from the peak pricing surge. In the first half of last year
are akin to our surpass two or surpassed dose of 2008 crisis. Use car dealers have
limited options under $10,000 while cars above 35 dominate the market. Think
about this one real quick. Before the pandemic, it took you 33 weeks to pay for a new car.
The 26 weeks, six months.
So it's 26 weeks plus a month and a little bit more than half a year.
Nine weeks were added to that.
So pre-pandemic, it was 33 weeks.
Afterwards, it was 42.
That's nine weeks.
That's two more months was added to the time it takes you to pay
for a car.
P.B.D. look at what happened in the pandemic.
The pandemic was 22 months.
In 22 months, we added two full months to the time it took to pay off a car.
That's what the printing money and that's what inflation did to the average person trying
to get a car.
Destroyed middle class.
The money. Destroyed. The more they print money, the more they destroy middle class. And that's their goal though, right? person trying to get a car. Destroy middle class. Contest.
Destroy a print money to more day destroy middle class.
And that's their goal though, right?
That's been their goal the whole time.
Is it other your rich or your poor?
Yeah, but keep the establishment that says,
we need to print money to help the middle class.
That's bullshit.
All they're doing is hurting middle class.
And guess what?
They're doing money flows to the top.
I know.
Money flows to the top.
So they can print out as much money as they want,
but they're helping a rich kid richer.
Go ahead. Yeah, I mean, look, I've said this for years. It's
even more resounding at this point. The number one thing that is killing your wealth is your car.
Because it's not even just your car and your car payment. It's your insurance, it's your gas,
it's your tag, it's your title, it's your parking tickets, it's your toll fees. It's I need new
breakpads. I need new tires. I need new this. I need to do that, it's valet, it's going out.
And that's God forbid, everything goes according to plan.
Throw in an accident, throw in a DUI, you are screwed.
Okay.
Florida, beyond.
Holy.
So, you know, you talked about the rich getting richer
and the poor getting poorer.
We learned a new terminology during COVID called
the K-shaped economy, where the people at the top
were just getting richer and the people at the bottom
were getting poorer.
So there's two ways to have more money.
This is for you message for the broke boys
and the chat talking all the shit.
Listen up, there's two ways to have more money in your life.
You can either make more or you can spend less.
I think I've focused on doing both.
Constantly working to improve my skillset,
skills pay the bills, to make more money,
add more income streams, or do better at your job.
That's awesome. That's one thing to do,
or make better investments. Great.
But the second way to do it is to spend less,
and to cut out expenditures.
And what I did, I'm not saying that you guys get to do it,
I know there's gonna be like,
how could you not have a car?
Well, stay broke, motherfucker.
Here's what I would recommend.
Cut out what I would say, one of the big three expenses from your life.
What are the big three expenses of your life? Number one, yeah, that's you Vinny.
Number one is your housing. That should cost what, 33% of your total gross income.
That's your biggest expense. That's where everyone, you've got to place the live,
maybe you get a roommate, maybe your wife gets to work,
maybe you downsize whatever it is,
but the second big expense is your transportation.
I cut out having a car in my life in 2011
and I live in downtown Miami and basically,
I get that, but everybody's broke.
So if you want me to recommend what everyone should do,
then just stay broke.
But the point is this, if you live in a big city,
just do the math.
If you're living in country,
Bucke and Villancan, Tucky,
obviously you're gonna need a car,
you need an old vehicle.
That's also tough to do.
First of all, you're able to do that in Miami.
I don't know how to help you do when you go on dates
with girls, they drive you around,
or you're taking a Uber, it's kind of weird.
Well, it's not kind of weird,
because it's called Uber,
and then you're drinking and you have wine,
you have a good time, and it actually works out very well.
I understand you have a game that you're doing,
but you're not everybody.
America is not Adam.
Adam is less than 1% of America.
That's you.
The habit's about a person that we want more people
to have families and kids and raise good kids and families.
That is a positive.
If we had a million atoms, America's a problem, just so you know, because you're not making
any kids.
You're not having a, it's a very different America that we're talking about than just you.
For you, what do the cars have to do with kids?
Because the average person needs a car.
Take them to school.
Yeah, but you don't need two cars with three cars.
So now I know a good, I know many people who are sick,
they're sick.
They're holy edit.
That share one card and they figure it out.
But that's a different story.
So then give that point as well for people
that are married with kids.
Because in today's, our listeners are not,
saucecast listeners, Adam,
this is a different listenership that we have on this show.
Saucecast listeners, people want to listen to,
you know, what it is to get laid, paid, whatever,
that's the kind of stuff that that audience wants to listen to.
The average American today, it's sincerely sitting,
they're saying, I'm concerned about my kids going
to a public school.
I need a car to pick them up.
My husband's got a different job.
The reason why Moral and Teacon were able to make it work
is because they both work for the same company. It was very easy to do. The average husband and wife don't
work for the same company. We don't have a reality of what we've been doing the last four,
five years. That is not the reality of everybody. The average person who's listening to this
or watching this, a sit and they're saying, dude, I want to have kids, I want to have a family,
I want to raise my kids well. I need a car to drop them off here, pick them up there,
do all this other stuff, and the prices are going up.
And we keep printing more money.
And the more money we print, by the way,
every time they print money, I get richer.
Let me say this one more time.
Every single time they print money, I get richer.
If I told you how much money I just made
in the last six months on my money
market account, you wouldn't believe it. I don't even want to say it because people are
going to be like, look at this, how much money is bragging about it. Every time they print
money, I make money. Okay? This concept about printing money over and over to helping the
middle class out. We have to pump the brakes and say, guys, relax with all the stuff that
we're doing. We have to change some of our habits.
I love the line that you said, make more, spend less.
There's two ways that you increase your network.
You either make more or you spend less.
Perfect.
So let's flip that on the government.
How can the government or policies hate middle America?
How can the government help middle America?
Let's think about that part right there. How can the government help middle America? Let's think about that part right there.
How can the government help middle America?
Okay, so a perfect example to give you here.
I don't know if we talked about this last time.
Did we talk about the $63,000 salary or no?
I don't think we've talked about it.
I don't think so.
Okay, so Adam, Vinnie, Tom, Rob, all of you here.
I want you to think about the answer.
If you make $63,000 a year, you'll love your mom.
Your father passed away, is no longer in the picture.
Sounds like me.
Sounds like you.
You make $63,000 a year.
What percentage of your money are you comfortable
giving to your mom to help her out?
If you make 63 a year, which is roughly $5,200 a month. What are you comfortable giving to your mom to help her out. If you make 63 a year, which is roughly 50, 200 bucks a month,
what are you comfortable giving to your mom to help her out?
A year?
If you make 63,000 a year.
I'm asking to sit here with you.
If you're the average American,
you probably don't have enough money to give your mom anything.
I agree, but give me a number to say what?
$5,000 a year.
10% ties for your mom.
Top.
500 bucks a month is probably what it would take to help your mom get over anything
Okay, so let's say 500 bucks a month which at 63 thousand dollars. That's about 10% that's about 10% right?
Okay sounds good watch this
Do you know if you add eight zeros to that 63 thousand dollars what number you come up with our federal expenditure?
Do you know out of our 63, $6.3 trillion
you're on federal expenditure,
how much we spend on entitlement programs?
Do you know what the number is?
What's the total number?
Out of 6.3 trillion, what percentage
we spend on entitlement programs?
Or what dollar amount at a 6.3 trillion?
Probably, probably, probably,
probably closer to 3 trillion.
3.3 trillion dollars we give to entitlement pro.
Half of it.
Let me give you another number on this context, since we're on this context.
In 1940, okay, no, not 1940.
Go to 1960 or so ago, whatever 60 years goes, what, 1960?
In 1960, 1950.
What percentage of kids born in America, you think we're born to single mothers?
And what year is this?
Go to 1950.
What percentage of kids being born in America
were born to single mothers?
I'll tell you.
10%?
I'll say it's half of that, probably four or five percent.
It's exactly four percent.
Okay.
You know what that number is today?
Probably like 40 percent.
It's exactly 40 percent.
It went from four percent to exactly 40 percent.
Here's a question for you.
Now obviously give or take,
someone's gonna say it's not exactly 41 or 39. All I'm saying to you is it went from four% to exactly 40%. Here's a question for you. Now obviously give or take, someone's gonna say it's not exactly 41 or 39.
All I'm saying to you is it went from 40% to 40%.
How do we get here?
How do we get from 40%?
Well, fair coins.
Actually, think of,
do you know we are one of the worst countries,
if not the worst country in the world,
and kids being born to single mothers?
Why?
So, Biden comes out and they want to add another 2.6 trillion
dollars because they want to increase the amount of money
we're given to single mothers with kids. Here's how the
policies got started. What caused this? The surge is
based on two things. One in 1935, FDR, when he came out
with social security, he also came out with a new deal.
He also came out with policies to give money to single
mothers, okay?
Who had kids, okay, these are single mothers,
maybe they lost a husband, war, something was going on,
but they're like, we have to take care of them, fine,
we have to take care of them, no problem.
Then in 1965, LB Johnson, LBJ, takes it to a whole different
level, and then you see the skyrocketing,
and they said, here's how we're going to invest into eliminating people
being poor.
The great society.
Brandon, can you send me that one chart on the flip
on what happens if the investment we made
and the amount of debt we increased to help out the poor,
to eliminate the poor, Brandon,
if you know what chart I'm talking about,
just text it to me, for me to show this to Rob so Rob can show it up.
This is not the one, but he'll send it to me right now to see it.
It took 55 years for us to find out that that investment we made in single mothers became
a bad habit and now it's costing us so much money that we can't get away from it anymore.
We're spending 53% in entitlement programs.
So going back to what we're talking about,
know the other one that shows,
rob the other one that shows the one that's declining
and the other one that's increasing.
I think you know which one I'm talking about.
Here, I'll send this as well to Rob,
but the other one, I'll send, Rob,
I'm gonna send this to you so the audience is watching this,
they know where to go get the source
to do their own research on what we're talking
from 4% to 40. So going back to Adam, your point about what to do their own research on what we're talking from 4% to 40.
So going back to Adam, your point about what to do, there's two things I think about.
One is what we can do as individuals, as people that have families to inspire others.
Yes, you got to make more money.
Yes, you got to spend less money.
And the way the government can do it, guess what?
Government's got to also make more money money and they got to also what?
Spend less money.
We keep spending more money and we're making less.
So middle America's, look at this, this is less than 4% in 1950s.
You see the person, a number of single, unwed birth rates.
We're above 40% or at 41%.
This is not good. So by the way, somebody's watching the saying
How do we do do we get off the topic and are talking about this? What happened if my mother
If my mother try to discipline me single mother say hey, you better do this. I'm not listening to my mom
What are you talking about? No, I'm going out. I'll be home at 11 o'clock
You need to be on by this time she can hit me
I'll be home at 11 o'clock. You need to be on by this time.
She can hit me.
That gets to an age that the hitting
doesn't hurt anymore.
And she kind of sitting there saying,
what do I do now?
You either have to marry somebody
to discipline me or you have to call
my dad, but you guys are divorced
so you guys don't talk.
I want to do whatever the hell I want to do.
So I don't want to go to an HP in high school.
What if there was some order in the house?
What if somebody didn't come into my life
to give me the, I saw a picture the other day
that this African American man in school
Is buying suits for kids teaching them how to shake hands teaching them how to take care themselves
Freaking awesome. I wanted to find the who this guy was to buy him a nice suit or two for himself and take care of him
But we need more of data like this to look at and realize listen
We're screwing this thing up. Here's the investment. Oh my God, I can't wait to show this to you guys.
Rob, I'm gonna text this to you folks.
If you see this, we have this article
that's gonna be coming out here soon.
This research we did, great job.
Shout out to Brandon on a great job.
He's doing with the research.
Rob, if you can pull this up, so we can show this.
This next one is the real one I want you guys to see.
It shows, like when you invest, remember,
yes, that I was talking about 401K. Why aren't you guys investing into the 401K like when you invest, remember you said I was talking
in 401k, why aren't you guys investing in the 401k to match and all the stuff that we have.
Short term, what do people say? Oh, it's not, what's the big deal? I'm not going to make
that kind of money. I'm not going to do this. It's just short term. Look at this right here.
Total means tested, welfare, spending and official poverty rate from 1947 to 2012. So look
at the poverty lake to the left.
You see how high it was?
Percentage of people that were poor
at doing what era?
This is great depression, post-grade depression, okay?
And the amount of money we spend on welfare.
Look at the break even.
You see when they cross paths?
What year is the 1990?
Yeah, 1992.
Okay, 1992.
That takes about 55 years, but then guess what happened?
The poor level stayed the same.
Look at our costs for welfare.
Guys, this didn't work.
This whole thing about the plan that FDR came up with
ended up being a shit show, and you and I
are paying a price for it.
And Lyndon Johnson, what he did in 65,
that also didn't help.
Look at the spike after 65.
You see 65?
So it was gradual from what FDR did to 65.
But look what happened after 65.
Boom, it just goes.
Both of them combined, we became a spending machine country
and we're not watching what happened to China and Japan.
We are next if we keep going like this. This is a serious issue. country and we're not watching what happened to China and Japan.
We are next if we keep going like this.
This is a serious issue.
This is not a hypothetical.
When I'm going around talking to different podcasts, this last week I did podcasts, a few
different podcasts.
One podcast I did with Tom Ford, I think his name is Tom Ford from Forbes.
He says, look, I disagree with almost every single one of your policies.
Obviously he's on the left.
And we're having a conversation as well.
You know, how about this and how about that?
And I talked to George Enkel
and we're talking to Graham Steph and George Enkel
about to get married once I have a family,
Graham Steph and about to get married once I have a family.
And this other guy had two daughters that I'm talking to.
As I listen, I don't care if you're a Democrat or Republican.
This shit's not working.
This spending money to try to save poverty is not working.
We need to step out of the way and let people figure it out.
4% to 41%.
What happens when most kids are raised by single mothers?
Boys are gonna be doing whatever the hell they want to do.
Make cities unsafe.
You can't look at this and say, well, that's not fair.
And that's racist.
And that's this.
And that's that.
No problem.
Go back to your, go back to your, what do you call it?
Ideas. And see what that's to your problem. Go back to your, go back to your, what do you call it?
Ideas and see what that's to your society.
You go ahead and do that.
Keep spending the money, see what it does to you.
And in one day we're gonna wake up,
I'm gonna say, damn it, look at this stuff.
But this is proven, this is not a hypothetical.
This is proven data on what we did and where we are today.
And either we're gonna do something about it or we're not.
So, and Pat, you said the first thing
if you were in charge,
it would be with number one to just stop printing money.
I'm gonna change incentives is the first thing I'm doing.
Okay, like, for instance, what would you want,
one major one?
How's your life right now?
How do you feel right now with yourself, your confidence,
your personal life?
Right now I'm good.
You're good.
Okay, what changes have you made in your life?
You get dramatic changes you made. Pre-VT to. You're good. Okay, what changes have you made in your life?
You get dramatic changes you made.
Previte to now.
Previte, I don't drink.
Previte you were drinking.
Of course.
Yeah, not like a maniac, but you know, I go out,
I drink, I socialize, Adam's like,
I don't have any drinking.
Obviously going to church spending money
unless stupid stuff, I'm not going out,
I'm not doing anything crazy,
but yeah, just life is, everything's changing. Okay'm not going out. I'm not doing anything crazy. But yeah, just life is everything's changing.
Okay. Health everything. Everything. Health. Different way you're eating. You know, the other day,
George is like, hey, what is a vanilla? Everybody's on steroids. Everybody that's just haters. The first
thing we have to do is we have to change the incentive programs that we have in America. Our
incentive program, which is our tax system,
when you work for a sales company,
whatever their comp structure is,
is gonna produce behaviors.
Our tax system is producing the behavior of single mothers.
Our tax system is producing the behavior
of not going after your dreams.
Why?
Because the government stealing that away
from you by giving you money,
so you don't have to work your ass off
to go after your dreams.
Our tax system is producing super super super wealthy people and it's producing the middle class to be eliminated.
There is no incentives. Our tax system is making the big companies bigger and a small business owners to disappear.
Just 40 years ago we have 50 plus companies when we wanted to buy weapons or we wanted to buy planes.
Today's those 50 plus companies are five.
We are now with what's going on today in the economy.
These bigger banks are buying the smaller banks.
What is that doing?
Fewer options to go to banks.
Let's be nationalized.
The tax system in our incentive system
is destroying the middle class.
And the only way to address that, in our incentive system is destroying the middle class.
And the only way to address that,
you have to make some dramatic changes,
and that is going to infuriate so many people
at the top that have control.
So for a person to do that,
the current system's not gonna be sustained
for a person like that to win.
So this is why I kinda like what Vivek is talking about.
This is why I like what RFK is talking about. This is why I like what RFK is talking about.
This is why I like the fact that Trump's pushing the envelope,
even the de-Santis is out there.
Hopefully they're able to give their message better tonight,
tonight or tomorrow night.
Tomorrow night's gonna be the debate where we're watching it, right?
We need somebody to come in that can't be bought.
That's not for sure.
There was a one of the best moments in the debate
was when Trump and Hillary
are going at it. And Anderson Cooper asked the question and says, taxes. If you can pull
this clip up, I don't know if you know what you want to talk about. Yeah. He says, Hey,
uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, uh, years and da da da da da. And he says, yeah, absolutely.
My goal is to pay the least amount of taxes possible.
So are all of her donors.
And then she said, but here's the thing,
if Hillary wanted to fix it,
how come she hasn't changed that for 30 years?
Because her donors won't be happy.
And this is why I haven't taken a single penny
from the donors because I can't be bought,
I can't be controlled, she can't.
The only reason somebody will listen to that and say that's bullshit is because you're
such a Democrat that you're not open to the idea of an opposing argument.
That logically makes all the damn sense in the world.
One person is bought, the other person is not. Is this the one that you're talking about?
Play this one, I think this is the one.
Go ahead and play.
Taxes were the number one issue on Facebook
for the first time the campaign.
The New York Times published three pages
of your 1995 tax return.
They show you claimed a $960 million loss,
which means you could have avoided
paying personal federal income taxes for years.
You've said you pay state taxes,
employee taxes, real estate taxes, property taxes.
You have not answered though a simple question.
Did you use that $916 million loss
to avoid paying personal federal income taxes for?
Of course I do.
Of course I do.
And so do all of her donors or most of her donors.
I know many of her donors.
Her donors took massive tax right on.
Last month.
Yeah, it unfortunately doesn't show the next 30 seconds because
You know she says if you had 30 years. Yeah, come you not done anything about our incentive system right now sucks on America
Anyways, let's go to the next topic that we got okay
Papa Papa
Okay, let's go to tipping and then from the tipping actually you want to go to Hawaii. What do you want to go into?
Let's go into tipping and then we'll go into Hawaii. So here we go.
America's fight over tipping at restaurants comes
to its biggest battlegrounds yet.
This is a Wall Street Journal story that we have here.
A battle over tipping at restaurants
is unfolding in Chicago where discussions are evolving
around the potential transition
from the city's minimum wage to the tip-to-wait system for wage staff and other restaurant workers under the existing
setup, large businesses in Chicago pay tip employees a minimum of 948 per hour with tips compensating,
the remaining amount.
Activists are pushing for change, arguing that restaurant staff should be entitled to
the same minimum wage. As other workers, however, restaurant owners should be entitled to the same minimal wage.
As other workers, however, restaurant owners are raising concerns about potential disruptions
to their businesses, especially during a period of post inflation recovery and sales losses
due to the pandemic.
They anticipate higher operational costs, which could necessitate the menu price hikes and
staff reduction.
So Tom, what is this all all about?
This is about entitlement. The key phrase
restaurant staff should be entitled to the same minimum pay as other workers. In other words, that
waiter that knows you that bust their butt that is watching everything and
you that bust their butt that is watching everything and delivering everything and taking care of you and making that dinner the best it can be. You tip, tip stands for to ensure prompt service tips and it
used to be done in advance. I'd like to have dinner here and you slip a five dollar bill to the
waiter and then you didn't pay at the end and that was to ensure prompt service so that you let
him know that you appreciate him. You tip ahead. Now we tip at the end. And that was to ensure prompt service, so that you let them know that you appreciate them.
You tip ahead, now we tip at the end.
But in Chicago, let me check, oh, blue state,
they are basically saying, gosh,
it's unfair that the wait staff make this
on the minimum wage, 948,
but the rest of the restaurant doesn't.
They're trying to turn the restaurant into a socialist,
we are all equal organization.
That's what this is all about,
whereas the waiter and the waitress
put their personal style,
you know, personal attention to earn that extra
that we appreciate.
So wait, so that's basically saying that it's just lumped.
So now this person is not gonna go above and beyond
to do shit for you because it's already included
in the tip, right?
It's not gonna change.
Yeah, yeah, so you know, I'll go to a restaurant
and I'll say, if a guy goes above and beyond
and I'll say, me as a question,
does this tip go directly to you
or does it go, you guys share?
Now I'll share here.
And I'll say, okay, I'm just gonna give you 20%.
I was gonna give you 40%,
but I'm not gonna share with everybody else,
because I don't know how well they're doing.
I tip less if it goes to everybody versus if it goes to the individual person.
I tip less, because then the server, think about the incentive on the server,
the server's gonna be like, why would I go above and beyond?
If I know, I'm not gonna be sharing the whole thing with everybody.
Now, if you worked at a restaurant before, I've been a bus boy before, the servers at the end of the night
will share tips with the bus boy if you're working running this
and they'll share with the workers in the back etc etc.
That's something that they do and they go above and beyond.
But for me, you want that individual to have a identity
on going above and beyond for service
because they're going to get better tip from you. If they cut that out, what's the motive for somebody who want to go
above and beyond? And what's the motive for somebody who want to tip up
above and beyond? Those two things are kind of eliminated.
Yeah, I often say some of the best sales people in the world, certainly in America,
come from the restaurant industry because they have to learn service. They need to
learn how to communicate effectively,
to upsell interpersonal communication,
to put on a smiley face, even if you're not
exactly in the best mood.
I was a server all throughout college.
I made money and then boom, I got into sales.
But I think you bring a good point about whether they pool
the tips or not.
I don't really get into the details of that.
I just typically tip 20% it is what it is. I actually fully understand what you said.
Tips, there's an acronym for it, T-I-P-S, to ensure prompt service. So it's interesting
like that. But tipping is part of all culture in here in America. I remember I went to Australia
for the first time in like 2009 and I left the tip.
You know, I think I was a hundred dollar bar tab.
I left like 20 bucks, whatever it was.
And my buddy's like, mate, why'd you leave money
for the server?
And I'm like, a tip.
He's like, we don't tip here in Australia.
These guys make $25 an hour.
Like what?
These guys are making 20, this is 2010, 29.
Like what? I'm a server 20, this is 2010, 29. Like what?
I mean, after a server you're making five bucks an hour
and you're relying on tips to basically eat.
And I was like, hold on, what's going on here?
And then if you go to Europe, tips are maybe 10% of the most
when I was in Israel recently, you know,
five, 10% shackles, it's not a big deal.
But tipping is a part of our culture here in America.
What's the typical tip?
20% that's just sort of standard.
But I think that servers, and anyone that's served before understands how much work you
put in being a server, and you just simply cannot get by on whatever the number is, whether
it's $5 or $9.
It's a minimum wage.
It's not sustainable.
The other thing, so I'm fully in the server's corner.
The other thing that I actually kind of have an issue with
these days is everywhere you go in America,
anything you buy, you go to Starbucks,
the guy who pours your coffee, you wanna add a tip.
All right, you go to chicken kitchen over here.
All right, you wanna add a tip.
Anywhere you go, they wanna add a tip.
And they automatically give you 15, 25% option, okay, so I just bought a
Chicken kitchen for $16. It's like okay the lady who did nothing is ring it up and she's like looking at you're staring
I'm like I hate it. It's like flip the thing on you. It's a staring contest. You're playing Russian roulette just like just boom boom boom
She's like yeah, I'm what you're gonna leave as a tip
It's like I got to leave this lady $4.25
because she rang up my chicken and rice order.
It's, I'm like, so I will take the second and be like,
uh, add, you know, your own tip,
and I'll say, you know, $2, whatever.
Cause I'm just not gonna leave $5 every time
that I pick up a Starbucks,
or pick up a chicken kitchen.
It's become ridiculous,
but this like tipping war, it's at, I feel like I get a tipping skill right now and it's
interesting to see how it plays out.
There's two of them problems here.
The first problem is Chicago is trying to put in socialist entitlement.
Capitalism is based on merit.
Merit is based on skill.
Skill style, everything, the merit of the server to deserve and earn, earn, e-a-r-n,
odd word, to earn the tip at the end of the meal. And now they're just gonna turn it where everybody is paid this rate.
And you know who's gonna carry that? The restaurant owner. Now the restaurant owner's got to pay everybody
according to an escalated minimum wage and hope
everybody, according to an escalated minimum wage, and hope there's enough pooled tips in there to do it.
And if the servers mail it in and they don't do too much,
and the restaurant owner only clears 15% average tips,
you see where this is going, Pat?
You just took the profit out of the restaurant owner.
That's what you did with the socialist feeling
that everybody should be paid a little bit more.
And what's the root word of being a server?
It's service.
So if you want to go to a good restaurant, a nice restaurant, have good service.
You need to incentivize the server to provide good service.
If they're de-incentivized and they don't give a shit, we've all been to places where
they don't tip people well or basically there's no tips required.
Service is shit.
And that's essentially what we're going to.
Another thing that entitle men's is gonna ruin.
So, there you go.
All right, let's go to the next thing on what's going on in Hawaii.
850 people still missing in Hawaii.
After Maui wildfires, the CNBC, the mayor says,
it's on page 17, if you wanna go there.
Mayor Richard Bisson revealed that 815 individuals remain missing after the
devastating Maui wildfires with 114% confirmed that's making it the deadliest modern US wildfire
event. The mayor clarified that 27 victims have been identified. While over 1285 people
have been located safely, the initial count of over 2,000 people missing decreased due to restored cell phone communication
enabling contact with loved ones.
The process of accurately determining casualties in mass disasters can span months or years as
researchers point out emphasizing that the final debt toll remains provisional in response
to the tragedy.
The FBI introduced a site for people to provide DNA samples for
expedited victim identification. Aiman to aid the ongoing effort to match remains with those
reported missing. Absolutely tragic. Can you show with President Biden who was on a second
vacation for the month, which by the way an article came out from if you want to if you want to talk about the trapezius 30% yeah, he's been he's been on vacation for 40% of his presidency
he's living to dream 40% of his president presidency has been on vacation
God according to what is this thing travel nor president Biden's recent
10-day Delaware Beach vacation pushes his known vacation days to 360 days
counting for 40% of the time.
Defenders cite the convenience of Biden's close to White House,
trips as justification, echo in a historical tradition
of scrutinizing presidential vacations.
Critics have targeted President for leisure,
activities since the inception of the office,
Biden's camp David visits, nearly double those of Trump,
yet fall short of past Presidents like President Bush,
who total 150 visits
underscoring the ongoing debate on presidential work life balance now
Here's what happened the challenges
He hadn't shown up and he by the way he kept saying he's gonna go to Palestine Palestine
But he never won he never won the Palestine
He went to Hawaii. This is the reception that he got can you can you show the clip of the reception?
He got when he got there the video. I just I think not this one. There's a video I texted you Rob
Right is that yeah, that's the one watch this here when he shows up to Hawaii
Wow, he's finally here
Wow, yeah, awesome. Yeah, thanks for nothing. Thanks for nothing Wow Hey, right here, it's fucking you, Joe Biden. Fuck you. But today voted for him. That's the problem.
I'm gonna tell you something about it.
Now, just FYF for everybody, Hawaii Democratic Rand State, Biden won Hawaii 63.7%
Tom over Trump 29.5% margin over Trump.
Do you guys think that they're gonna be, who do you guys think they're gonna vote for this
time around?
Who do you think?
Just think about it. 100% they're gonna vote for Biden time around? Who do you think? Just think about it. But got 100% they're gonna vote for a fight again because you know why, Pat?
They don't want the mean guy in there, the mean guy that gets the job done.
And let's just, just going back, Pat, this is the same administration that let Pete
Buttigieg go on maternity leave because they adopted a kid and he was gone for three months.
This guy's on vacation.
It's not a surprise, but let's get really fast into.
So when it comes to the, besides the president not giving a shit and he does it and he was
asleep during some of the speeches, he stood there.
You know how out of touch he is?
He was like, boy, this ground is hot.
Yeah, because it was on fire for a week, you idiot.
Like people, people are dead.
And you know what he said,
Rob, you said this before he walked in here.
He's in the speech and Rob, you can bring it up.
You know what he said, he goes,
yeah, I could kind of feel your guys is pain.
One time, lightning struck outside my house
and we thought the house was gonna catch on fire.
Hey, electrical wire.
Electricer what?
Random in my house.
And he goes, you know what?
I was, I thought I was gonna lose my Corvette and my cat look
I'll touch his can you play that up?
Look at I don't want to
Compare difficulties, but we have a little sense chill and I
Well, it's like to lose a home
Years ago now 15 years ago I was in Washington doing meat and press. Yeah, it is.
It was a sunny, sunny, lightning struck at home.
On a little lake it's outside of our home.
And I don't like a big pond.
A big pond.
Not a lake.
And hit the wire and came up underneath our home
into the heating ducts.
Air conditioning duct.
Make a long story short.
Please. I almost lost my wife, my 67 Corvette.
I had documents in my cat. Yeah, and his cat. Well, I came aside. I watched the firefighters,
the way they responded. No, there's no expression. I grew up right across from a fire hall and claim on Delaware.
And how oughta touch?
How oughta touch, can you be?
There's a thousand children still missing and you're like, you know what?
I almost, my cat and my Corvette almost were destroyed.
But Pat, going back to hell with him because he's obviously completely out
of touch in his tool. The response and everything that happened in Maui, everybody keeps calling
me conspiracy and I think those guys have, those people have no arguments. So let's just
get this straight. The guy in charge of Maui emergency management has no idea about anything
about the management. The guy in charge of water in Maui shut the water off because God,
it was a spiritual thing. God told them so. The electric grid blew down. They didn't shut the power
off. One of the world's best emergency siren systems didn't work, Pat. Just randomly that
day, it didn't work. Hawaii is surrounded by water. It's just, it's unbelievable. The
amount of like nobody's doing their job. It's all so then when you say stuff like, hey, maybe it's almost like they wanted all this to go down
for this land grab.
And but another fun conspiracy fact,
you know the police chief, he's also the corner
of that place.
That's the same, the Vegas guy.
He's the corner of Hawaii, the guy that
laws Vegas guy that was in charge.
It's just everything is adding up.
And then like I said last time, Pat,
for them to be calling real estate people
or calling these poor people and they're going,
hey, listen, we want to buy your land.
Please sell to us.
And then we give them 700.
Pat, be honest, your house burns on.
What is $700 going to do for you and your family of five?
Yeah, but the government wants to ban
out of state property purchases to stop developers
targeting while far,
a ravaged, a raved,
ravaged, a lie down pricing locals out.
So, there's some of the things that's going on there.
It's definitely very suspicious.
I won't, I don't, I won't sit there and disagree with that.
Very suspicious what's going on.
My, my bigger concern is the water thing, very weird.
The water thing is very weird where they save the water thing, very weird. The water thing is very weird,
where they save the water.
Do you have that clip route where the guy talks about
saving the water instead of doing it for the fire?
The equity?
Yeah, just, I mean, what do you mean by you're saving the water
for that instead of people, you know, getting killed?
Literally, 100 something people are dead.
Well, what's the number?
114.
And then President Biden gets up and gives a speech like,
like, that's the speech I want to hear
after I lost somebody.
I think about it.
Imagine you just lost somebody, not to natural death.
You lose somebody to natural death.
Totally get it.
That's a different kind of a funeral.
You lose somebody to addiction to drugs,
different kind of a funeral.
You lose somebody to a disaster, a natural
disaster that could have been saved. This is horror. Oh my God. You now have someone to blame.
You now have like the last thing you want to somebody to come and say, my Corvette almost
burned down. You know, like cat, my cat almost died. Look, this takes me back to how out of touch he is when Martin Luther King got shot.
RFK came up and gave a talk and he said,
look, here's a news, Martin Luther King has just been
assassinated and he pauses, lets them kind of go through.
There are zero jokes.
Zero.
You don't tell jokes when people in front of you lost people.
You don't make a comparison to a car of yours.
So my concern is more how you connect with the audience,
how you respond as a leader,
how quickly and swift you are to come over there,
and you're taking your time to come there,
you're not gonna win people over like that.
And, but it's been a normal pattern with them.
It's not like it's a first time,
nobody in America should be surprised with the way
he's responding to a time. Do you have any thoughts on this whole idea?
Yeah, I think there's a speculators were in New Orleans after Katrina. Speculators were
in Naples, Florida, and Space Coast, that little town space coast that was absolutely obliterated
part of the hurricane a year ago. Speculators show up. And so I think that people are trying
to throw a log on the fire there.
I set that aside.
They're gonna show up.
And I actually think it's good for the governor to say,
hang on, nobody is selling anything for right now, Pat.
I think that's a good move by the governor.
Nobody is selling anything.
Let's see if we can get you back on your feet.
I step back into it and just say,
how does the emergency services supposed
to be serving the populace? I'm just stunned that how many of the emergency services failed
all at once. The police failed on the evacuation plan once they knew they had their hands
full. The sirens, the water, all of that failed. The speculators, I think the governor is making
a good call there saying, nobody's selling
anything. You're going to keep your houses and keep what's going on. Let's get you back
on your feet. But I'm not worried about right that now. Finally, the governor's speaking
up a little bit.
Yeah. And Pat, Pat, we said they're going to 63 percent, well, 64 percent voted Democrat.
What is going on in your head that especially after a situation like this and the president
doing what he did,
how do you still vote for Democrat?
Tom, how are you that loyal to a party
that is showing you in real time
that they don't get a shit about you?
The day that it went down,
they're approving $24 billion to Ukraine
and the people,
because mainstream media is barely showing these people.
Those videos I see on Twitter were the people of Maui,
the people of Hawaii are sick and tired of this shit,
and you're still gonna vote Democrat?
Not to be glib, but it's...
Be glib it up.
No, it's habit and habit and addiction.
Okay.
So they're just stuck out,
you're still gonna go in and like,
you're addicted to the entitlements But it's the loyal to the entitlements and its generations of habit
And you can't be and you're not willing to process the difference. Okay. I let's move on to the next one
So let's talk debate on what's going on tomorrow. Did you have thoughts or no? Yeah, I was just gonna add one thing
Just to kind of give some context to what's going on here
Why people vote for Democrats Republicans? I think people are fixated and they're basically I don't want to think of just to kind of give some context to what's going on here.
Why people vote for Democrats, Republicans, I think people are fixated and they're basically
aligned with their team.
And that's just, it is what it is.
And there's 10% of Americans that control the country and they happen to be in four or
five different cities.
And we'll see how the election goes.
We all know that.
But here's the thing with Hawaii in this situation.
I think every president has these moments that they fail.
George Bush failed with Katrina.
Donald Trump arguably failed with Puerto Rico.
That's still an ongoing thing right there.
He took a lot of criticism and how long it took for him to respond to the horrible disaster
that happened in Puerto Rico.
And just like when George Bush went to visit Katrina, there were people sticking the middle finger up and giving him that.
So let's not forget that. Just like when Trump went to
Puerto Rico and he was shooting jump shots with toilet paper or paper towels,
he also received that backlash and Biden deserves every ounce of this backlash because as Pat pointed out,
he failed and he did not respond quickly enough and this is uh... incumbent on
presidents united states
to respond accordingly
uh... i will also add that when it comes to vacations
uh... by the go it's not even a question he's killed he's killing he's killing the game right now
uh... but you know who is actually uh... what president the last
thirty years went on the least amount of
vacations, the least, take a guess.
Trump?
Obama, not even close.
It was Obama, a 38, Bush went on over 100, Trump went on 132 and Biden's at what number
right now?
200 and something right now.
So the way that they break vacations down is pretty interesting.
I did some research.
So you have time at the White House,
you have time at what's called the second White House,
the vacation house for the White House,
which is Camp David in Maryland.
Then you also count foreign trips.
So if you're not in the White House
and you're traveling to Saudi Arabia or Japan
or Israel, wherever it is,
then you have your own properties.
So for Trump, it's Mar-a-Lago,
it's bed minister, New Jersey,
Biden, he's what in Delaware is doing his thing.
For Obama, it's Martha's Vineyard,
and for the Bushes, it was what Texas,
and then also up in the Northeast, somewhere,
and then there's actually just full on vacation time.
So every president does it.
I don't know about that.
The way they're categorizing it,
Trump worked out of Mar-Lago.
Trump didn't want to sleep at the White House.
He actually called the White House a dump.
Yeah, so that is not called vacation.
The guy that day he got elected the next Puerto Rico, you may have a pointer.
I don't know what the exact timeline was with Puerto Rico.
But if there was a guy that any time a crisis happened, he was there the next day, it's
Trump.
You can't say that about any of the guys we've
had the last couple decades. This guy showed up the next
day. It doesn't matter where the crisis was. It was always
available, never turned down an interview, never turned out
going and meeting with anybody else. That was not an area where
he was uncomfortable with. He was never afraid of controversy
or opposition. That's not one of his flaws. He's got many
flaws. That's not the flaw his flaws he's got many flaws
that's not the floodgates elected the next is that the office interview people for
jobs here
who the hell does that
he got elected
the next days at the white house doing interviews with people
romney came in all those videos about the first night even waiting you know most
people take a month after all this other stuff
there's one guy that they can talk about not working it's this guy he went to. He went to, didn't he go visit East Palestine and Biden never did. Didn't
he go and visit the border and Biden never did? I mean, this guy went everywhere while he's
not the president, and the other guys are just kicking and not going to different places
while crisis is happening. Even Obama didn't go to places, and he's an ex-president, and Trump's
an ex-president, he's still paying a visit. Obama's playing a very different game today than Trump is still in the game.
You can't compare work ethic between those two guys.
Obama needed a home to sleep at the White House.
Trump's got 50 homes in different places to go visit.
But I understand your point on possibly Puerto Rico and some of the other things.
Okay.
Trump has already recorded his debate night
counter program and interview with Tucker Carlson
sources say 11, page 11.
So sources say he's already recorded his interview
with Tucker Carlson, where's that one?
Terrible, okay, I'm gonna get him in that counter.
Okay, so former President Dams has strategically
recorded an interview with the ex-Fox news host host Tucker Carlson earmarked as counter programming for the forthcoming GOP
Presidential debate has chosen to abstain from Trump's aim to skip the debate while engaging in an alternative discourse as he will be at his club in Bedminster Jersey
The night of the debate
According to Trump senior campaign advisor Jason Miller Trump's confidence in his popularity and
Accomplishments was evident in a true social post last Thursday where he justified his absence by stating
People know my record one of the best ever. So I would I why would I debate?
I'm your man make America great again and another story comes up from WSJ
Trump holds a 23 point lead over the
Santas in Iowa. The Iowa poll highlighted that Trump's commanding 23 point lead over
Florida governor on the Santas in the Republican presidential nominating contest with 42%
of likely caucus goers favors Trump and 19% supporting the Santas.
So thoughts on him not doing the debate. I have a different kind of a thought on him not doing a debate.
Well, I pat in like in Olympics when you qualify for the Olympics or like a team makes it to the planet, you don't you rest.
You bench your your star players. You don't want them to get hurt. Why would why would you go in there and go through all this when you're already number one?
I think it's smart. I think it's tactical and you know why why go there and waste all your, all your ammunition when you're already in first place.
Do you know what I mean?
I don't think, I think him going up there
and messing up would hurt him and the eyes of the people
and like he doesn't want to waste his time.
I think this is actually a good move.
It's kind of funny, you know,
we get into the playoffs and professional sports
and the best teams get a by week.
And I think what he's just saying here,
hey, I'm gonna take the by week
and let these people go through the preliminary playoffs on their own, which is effectively
what's happening here. There's a side of me that wants to see him go out and clear the
decks and be the man that he is and the lay it on the line and clear the decks. There's
a part of me that wants to do that. But there's another part of me that understands he's
like, look, this is the preliminary part of the playoffs here. I'm taking a biweek.
Yeah, I fully agree with the biweek situation.
He's in first place.
He deserves to, you know, sit this first to bait out.
I don't actually don't think this debate would actually help him too much in the polls.
I think if he did show up, you would have knives out from Mike Pence, Chris Christie, DeSantis for sure, the list goes on.
And if he takes some friendly fire, let's say, it would not be exactly a good look for Trump
on that regard.
I think he's almost a shoe in to be the candidate for the Republican nomination.
I think this would not help him.
I think he's making a good decision by sitting this out.
He's going to go get a ton of eyeballs
on Tucker and do that thing. By the way, I also shout out to Jason Miller, our buddy,
kind of holding down the Fort and Trump camp. I like that guy a lot. So I'll go with that.
Where's the twit? Tucker thinking to be on Twitter? Where's that going to be?
He's going to post it on Twitter. All of Tucker's stuff is on Twitter. Talker show is on Twitter. How much number? How many
numbers you think? If you had to guess, how many numbers are going to
walk? Easily 100 million plus because Musk is going to retweet it. Easily 100 million
plus. Wow. What are your thoughts? You think this is a good move that Trump is not going
to this debate? What do you think? I think timing wise is like all this, only reason
I would say it makes sense for him to sit it out.
It's timing-wise because they're trying to go arrest him,
do all of that stuff now, okay?
So he's not gonna have enough time to see reactions,
he's a counter-puncher, so he kind of wants to see
what the market's gonna say, he doesn't like surprises.
Not that he's not gonna do bad with surprises,
they're gonna try to surprise him with a lot of different things,
he'll come out attacking.
So go through each, let's just say
he was on the debate stage.
Let's play it.
Okay, go through each one of them.
He will put Mike in his place within seconds.
Mike will be relevant.
He's the only guy in the last seven months since January
whose Twitter following has decreased.
He's talking about pants, right?
And says the only guy whose Twitter following has decreased that- The fly on his? And says the only guy who's Twitter following has decreased.
The fly on his head has more followers.
I heard the fly was on the last time.
So what is he gonna do to him?
Go to the next person.
Chris Christie, Chris Christie's gonna say a couple things.
Chris Christie's probably gonna get under Trump's skin
and he'll piss him off a little bit.
So he's probably doesn't wanna deal with Chris Christie.
That's probably the most annoying one. He's the one that helped him prepare for the debate. Yeah,
Chris, he knows what he's doing. So Chris Christie's going to probably be annoying one, but still
he would get his trumps, trumps going to have trumps going to get the come back on him.
And then who else you got outside? Tim Scott, Tim Scott is nice. Nothing's going to happen
to Scott. The Santas, he's, he's going to go after
the Santas. Vivek's not going to do anything at him. And then am I missing somebody? I
feel like I miss him. Scott Nikki Haley, Nikki Haley, whatever Vanilla, Suarez. I don't
know if he's going to be in it. I think he's going to be. Love the same though. Yeah, we'd
love to see him. He's hit the number. He's a Hutchinson. And then also, the other guy
which the governor of North Dakota.
What is a guy's name?
Bottom of.
If you don't know his name.
So, it's okay.
So, let's transition into the debate.
So give predictions.
What do you think is going to happen with the debate?
Who do you think is going to come out?
Who do you think is going to be like, you know, if you're just looking at this right now,
give your one, two, three, four.
Give who's going to come out surprising with the plus minus? Meaning,'s gonna have a plus that person's gonna have a minus this person's
gonna stay neutral and x y's is gonna have the biggest plus how would you rate it wow okay I think
the vec number one is gonna be the star what what we biggest plus I think the biggest plus
is gonna be the vec he's just I mean that from being on our town hall this guy is everywhere and
I've listened to as much content as I can
He is an encyclopedia of knowledge and his attitude and his fan. I did he's just a G
I think he's in a goal. He'll be number one. Wow. I think Tim Scott
Number two
I love his attitude. He doesn't give a damn. He just tells it how it is
The cent I don't know dude three
I would say yo yo, Chris Christie.
I put Chris Christie because he has a big attitude.
Three?
I would put him at three, because I don't think the Santas,
I don't think the Santas is gonna have that fire.
I haven't seen anything from the Santas.
The only time I've seen the Santas with that little attitude
is when he's trying to act like Trump
with the media during COVID.
I put Tim Scott, I put Christie, then I put the Santas.
I think it'll be later on in the debate,
so try to get a little bit.
Rob, why don't you run a poll?
How many names can you put on the poll?
Just to see what the audience can say.
Is it four, can you do five, six?
Let me take a look.
See, tell me if it's more than four,
then I'll give you the name.
So, so Pat Vivek,
Vivek, Scott, Christie, DeSantis.
Adam, what do you think? I put here four of them. I can do four. The veck, Scott, Christy, DeSantis,
I don't know what you think. So, four of that.
I can do four.
Well, I think four, Do Vivek, Do DeSantis, Do Tim Scott,
We wanna do Christy or Pence.
I think Christy.
I think you put Pence for sure.
He's not gonna be easy on.
And then Christy, not Tim Scott.
Well, that's my opinion.
You think so?
Okay, why don't you do Tim Scott, Chris Christie, Vivek and the Santas.
But go ahead.
Damn, Pence did four VP.
Can't even make a crash.
He's trash.
Number one, I think Vivek is an absolute superstar.
I think he's going to hold his own for sure on that stage.
But I've said it before and I've said it again.
I think his ceiling is pretty low
just because if you're trying to win the Mike Pence,
why Christian evangelical vote,
I think they're gonna have a hard time voting
for a brown Hindu boy.
I just think that's my opinion.
And by the way, you're not alone there.
A lot of people are with you there.
Just by the way, I would vote for that guy at an instant.
So this is not a self reflection.
By the way, if he would
never do it, but if he did run as a Democrat, he would be Obama straight up.
One thought for a second. He's that good.
But with business acumen. So maybe, uh, so you're thinking Republicans will not embrace
him. I don't think the base of the Republican party will certainly mag go. Uh, I think
DeSantis is going to do his thing straight up. I think DeSantis has been prepared for this.
I think he's ready for this. I think he's ready for this.
I think he's going to shine and he doesn't necessarily have Trump coming after him there.
So we all forget about DeSantis that he was neck and neck with Trump about six months
ago.
And I think he's going to do his thing.
And then I'll give you my sleeper, North Dakota governor, his name is Doug Bergam.
And he runs on three things.
He talks about American independence.
He talks about getting out of debt
and he just talks about American greatness
and he just kind of stays in his lane.
He does his thing.
He is a great communicator.
So I think he's a sleeper guy.
I think that Tim Scott has got no chance.
I think Mike Pence has got no chance.
I think Chris Christie's got no chance.
I think that Nikki Haley's vying for a potential VP role.
And, you know, they're just gonna clear the field
and at the end of the day it's gonna be Trump,
DeSantis, Vivek, and whatever cast the character.
Isn't that basically it?
Isn't this basically the vice president?
Well, no, here's the thing you have to realize, guys.
I mean, the thing about, from my experience last 20 years,
I've not been in politics for
last however many years, it's been 20 years.
How many times do you see a walker?
Oh, he's gonna do this and then boom me, Fizzle.
Oh, he's Mark Rubio, don't pull it.
Hey, you jabbush and then boom.
Oh, you know, you don't know.
I mean, at this point, John Kerry should have been president, Romney should have been president.
God knows how many people should have been president.
How hard?
The thing is very hard.
And don't forget Hermann Cain,
nine, nine, nine, nine.
He went up to 18% new,
Gingrich went to 21%,
Ross Pro went to 19%.
So there's a lot of stuff that could happen.
And couple of these guys behind closed doors
have been preparing the most.
The one that's been having the biggest sparring match
of going out there doing his thing is Vivek.
You got to give that guy credit.
Go ahead Tom
So I look at a couple things here I think that Chris Crenze is going to go on that stage and surprise a lot of people
He's bold. He's brash. It can be very he he looks like the guy you want in your corner when the chips are down
You know, and so I think there'll be a little bit of perception on that
So I think he's gonna do well. I think Pence completely out the door, nothing will change there. I think Scott and Nikki Haley will
be tied with, wow, what an interesting smart person. I think America will get introduced
to Francis Suarez. There'll be some people say, wow, I can see how Miami's turned around.
That guy seemed kind of smart. But I don't think it'll come up above radar. I think this
is Vivek and DeSantis. That's what I think is at the top of this thing.
So Tom, when you say this,
this Santa is gonna be over-prepared
and he is gonna take shots from everybody
and we're gonna find out if he's a counter-puncher.
Chris Christie is a counter-puncher.
If Chris Christie took the kind of shots
that everybody's gonna throw at DeSantis,
I think it would surprise.
We gotta think Chris Christie can fight back
in that kind of a debate.
Here's a question for you.
Which of them you think is gonna be targeting
each other at the stage?
Which of them you think is gonna go after Trump?
Which of them you think is gonna go after Biden?
The Vex is not gonna go after Trump.
Vex is gonna go after DeSantis,
and the Vex will blunt, I think, Christie and Scott.
That I think is his playbook.
Christie is gonna go after Trump, and then he's gonna try to blunt DeSantis in the video. I think Christy and Scott, that I think is his playbook.
Christy's gonna go after Trump and then he's gonna try to blunt DeSantis.
What do you think DeSantis is gonna do?
I think DeSantis is gonna be over-prepared, try to get his talking right now.
No, no, I got that time.
You think DeSantis is gonna go after Trump, Biden or Vivek?
DeSantis is gonna go after Biden, but he's also going
to go after Vivek and try to blunt him because he's going to momentum.
I know, Trump.
You don't think DeSantis is going to talk about Trump?
I don't think DeSantis needs to talk about Trump.
I think that's what his people think.
He's not on the stage.
You don't need to talk about him.
Only to beat the people that are there.
When you think, I think DeSantis is 100% going go after Trump. After this listless vessel, you know, maga,
you saw the stat that most,
a percentage I'll let you Pat give the numbers
that now revere Trump more than Jesus.
Shout out to you guys out there that think that way.
So it's interesting.
I think DeSantis is gonna go straight towards maga.
He's gonna need maga,
but he's gonna try to, to try to pierce that situation.
But I think that Christie should try to punch up.
DeSantis should try to punch up.
He'd not punch down.
Vivek is an on-comer, but I don't think he is the upside that DeSantis has.
And the rest of them are sort of irrelevant.
That's a question.
I don't want to counter what you said, but I want to process something because we've all kind of said it.
How does the Santas go after Trump,
but also win the Maga voter?
Yeah, that's, we're about to find out.
Yeah.
That's why I don't think he's going to go after him hard.
I think he's got to go win the Maga.
Too late.
No, he's, he's in too deep.
Listen, when you come out and, you know, like this Dylan Dennis guy,
which we'll get into with the Logan Paul and Jake Paul, When you come out and, you know, like this Dylan Dennis guy,
which we'll get into with the Logan Paul and Jake Paul, when you put one picked, what's his name?
Dylan Dennis.
Dylan Dennis, yeah.
What nationalities, by the way?
Latino.
Is he?
Okay, so when you post a picture of a guy once,
you can't delete it, you're in.
He's American, okay.
Then you go second, third, fourth. So the
Sanctus has already taken shots at Trump. It's not, you can't go back now and play while
I change my mind, I actually have a lot of respect and admiration for him. I don't know if
you guys saw what Trump posted yesterday on his Instagram account and his true social
account. He posted a video of all the times the Santas spoke highly about Trump.
Did you see that?
Every thing that the Santas said that was good about Trump,
he put it up there and he says,
hi, I'm Donald Trump and I endorse this message, right?
So he's playing that game, which is great,
but I wanna read this, what do you call it?
Trump's campaign builds the Santas' listless vessels,
remark as deplorable's
Moment similar to what Hillary Clinton had but here's
Rob I think you may even be better if you just play the clip to me reading all this stuff the Trump campaign criticize Florida's governor on the
Santas comparison of Republican
Supporting Trump to list this vessels if you have it to just play it
Liking get to Hillary Clinton's deplorables comment, the
Santos made the comment in an
interview with the Florida
standards saying if we
all are listless vessels that
are just supposed to follow
whatever happened to come
down the pile on true social
every morning, that's not going
to be a durable movement.
Jason Miller, a Trump
adviser, Drew Parallels,
stating on X, looks like
Ron de Sanctimonious just had
his basket of
deplorables moment not good trump campings spokesperson
steven chunks at the santa's is now running the same failed playbook as
hillary clinton
uh... go to play
we we we have a string in our in our party
that views
supporting trump as whether you are
uh... uh... a rino or not and so you could be the most conservative person since sliced bread unless you're kissing
his rear end, they will somehow call you a rhino.
So it's been totally detached from principle in what you actually believe and results.
And it's more about, you know, just what faction you happen to do.
So there'll be people who are huge Trump supporters like in Congress who have like incredibly
liberal left-wing records that's really just detrocious and yet they're viewed as by
some of these folks as like really, really good.
Then you have other people like a Congressman Chip Roy who's endorsed me, Congressman Thomas
Massey.
These guys have records of principle fighting the swamp that are second to none, and yet they
will be attacked by some of these people in called rhinos.
So it's just been totally detached from any type of substance.
And ultimately, a movement can't be about the personality of one individual.
The movement has got to be about what are you trying to achieve on behalf of the American
people, and that's got to be about what are you trying to achieve on behalf of the American people? And that's got to be based in principle.
Because if you're not rooted in principle, if all we are is listless vessels that just
supposed to follow, you know, whatever happens to come down the pike on truth social
every morning, that's not going to be a durable movement.
Adam.
Well, if you look at the definition of list list, you know what list list means?
Nobody's behind the wheel.
No, it actually means lacking energy or enthusiasm or having ready wait for it, Pat?
Lethergy.
Okay.
So being lethargic, except there's one thing you'll say about the Maga crowd, they are not
listless.
They are fired up, they love their Trump.
That's their guy. It's, you know, some may say that it's a cult of
personality, but they are anything but non
energetic. That's for sure and a lot of them are pissed off. They're scorned and they have every right to be at the same time
I also do agree with what the Sanctus is saying is that even if Trump wins four years later
If you're just in this tribal cult of
personalities who's your guy you know four years ago you loved Mike Pence now you hate him two years ago you loved
round-to-saint the monious now you hate him so if everything with maga is just with trump what's next so I do think that
What's next? So I do think that,
round of Santa sort of screwed up in this,
this was his deplorable moment,
but if it is all just based on Trump,
it is all just based on Trump's personality,
what's the next four years look like once Trump is out?
So is it Don Jr., is it Ivanka?
Who knows?
So that's what that's, but by the way you're right in the area of
there are those
that don't see him being able to do anything right for example this article comes
as cbs news poll shows trump voters trust
trump more than family and religious leaders indictments have become a rally
in fact or cbs poll
reveals rather if you can pull this up
despite facing legal challenges former president don Donald Trump maintains a strong lead in every
poll.
Voters have rallied around Trump even amid multiple indictments with 38% perceiving
the indictment as politically motivated against him.
Trump supporters have expanded with 62% of likely Republican primary voters favoring
came up from 61% in June while Governor DeSantis stands at 16%
notably 71% of Trump supporters trust him more than family friends or
religious leaders believe in that he tells them generally the truth Trump
supporters emphasizing their reasons for back in him I believe that things are
better under his administration his advocacy for people like them 95% and
their familiarity with him so there is a community there,
but I'm gonna give you a purely from the strategy standpoint.
We moved here because of Governor DeSantis, okay?
My family is here because of Governor Ron DeSantis.
I moved, this is the only state where we moved,
I'm gonna keep saying this,
where I moved my wife, my kids, my dad, and my sister.
I never moved my family to Texas.
I could have done it in a heartbeat.
I never moved my family to Texas.
And when Paul I would say, I would say, I would move here.
I don't know if I'm going to be here long term.
I'm just telling you, I would move here.
I was just straight up.
I'm not one that says, hey, move, let's do this.
And then I know I changed my mind.
And then I you're screwed with all the money.
You spend now, let's go to the next place because I'm going to do what's best for me. Don't move here. I may not be here long term, but I'm gonna move
and Florida is, no I'm here. Credit goes to him. So sometimes, for example, sometimes
you have a player you like a lot and you want to see this player make the decisions you want him to make that maybe you would have made.
And it's kind of unfair to the player, but also that's the relationship of a fan,
supporter, and a player. For example, so I like, I really want to see what Zion Williamson's
going to do. To the point where I invest in two's most expensive card, I own it, I have it.
It's a beautiful card. I like it. Do I like the way Zion
lives his life? Absolutely not. Would I like to see him change the way he lives his life?
100%. Am I disappointed that this guy is played less games and his first, whatever, three and a half
years, some data showed less than Greg Oden. Greg Oden. Yeah. Number one thing. That's great. Yeah.
What are you doing? And you're going out there getting porn stars pregnant. Like Odin. Number one, take off. That's the thing. Yeah.
What are you doing?
And you're going out there getting porn stars pregnant.
Like, who, what are you, you're not listening to him?
So, okay, you know what?
Yeah.
Yeah, I'm not going to, so even though I'm in a half a million.
Yeah.
Okay.
Even though I'm like, I'm in in this guy.
I'm like, you know what?
Screw this.
I don't like the way you're doing certain things.
So, there is a logic to saying, dude, I wish if this guy would have made better decisions,
he could be an MVP candidate
averaging 30, he's a 30-10-six guy.
You don't find a lot of 30-10-six guys.
He's a better version of the guy from Blake Griffin.
He can be a better Blake Griffin.
He can be like a Barclay slash, you know, 43-inch vertical leap, put a massive body that he
has, but I'm not happy with the way he handled himself.
Okay, I got four kids.
I want to see my kids do well. They make bad decisions. I don't support their decisions. I'm not sitting there saying way he handled himself. Okay, I got four kids. I wanna see my kids do well.
They make bad decisions.
I don't support their decisions.
I'm not sitting there saying I like the decision you made.
The part that is uncomfortable with me and the Santis
is again, logically, on every single golf score.
He leads the way, if I have to pay any of these candidates
to have somebody lead with
the right policies who can go deep on knowledge, the sentence is my number one guy, way ahead
of Trump, way ahead of what he called it, Viva.
They're ahead of pens, way ahead of any of these guys, but I'll give you the other part.
If I have to based on working with people in sales the last 23 years, when I sit down with somebody who's pompous,
you know how you feel pompous energy very quickly,
you feel the energy of somebody that just thinks they're better than you,
they're smarter than you, and by the way,
most of the time, they may be.
So it's not like they're not, they're maybe.
Tom is, yesterday I said the story,
I think it was saying it to Peter or somebody,
upstairs in the meeting, I said listen,
when he comes onto raising capital, if somebody calls me and says, Hey Pat, I said the story, I think was saying it to Peter or somebody, upstairs in the meeting, I said listen, when he comes onto raising capital,
if somebody calls me and says,
hey Pat, I wanna put a pitch deck together
and I wanna raise money,
who should I hire with, they did the consulting?
Not me, go talk to Tom.
Tom's the best guy to learn how to write a pitch deck.
Tom's done a couple billion hours of raising money,
capital exits, Tom's the guy to talk to.
I'm not the guy you should talk to
when it comes onto the details of lawyers.
Tom one time, he did something I was so interesting.
We're on a call with lawyers.
He says, Pat, you need to know this.
If they use these three words on a call with you,
they're asking for this.
Just be ready.
We do a call.
They use one of those three words.
We get off the call.
Just letting you know, this call is coming up.
They're gonna try to do XYZ reprise,
pop up up up, be ready for the Zoom.
I'm in Monaco, we get on the Zoom.
20 plus people are in the call
and it goes in that direction.
What do I say on the call?
Guys, just so you know, I'm not interested.
If we move any of the stuff that's here, I'm out.
Just letting you guys, I'm not interested.
Okay, great, fair enough.
We're gonna stay where we're at.
No problem, we got off the phone.
Everybody call me saying,
I don't know if I would have ever done what you did because you just cost yourself, maybe you risk $50,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 there is the ability to sell the dream,
sell the cause, sell the audience.
You know, you know when, for example,
you know when you have a friend like,
I've gone through this in different phases of my life
and it's kind of annoying when you go through
because you hope this doesn't happen.
There comes a time in your life where you're competing,
you're at the same level as a couple of your peers, co-workers.
And let your say it's comedy, let your say it's insurance,
let your say it's party life, let your say it's marriage,
let your say it's parents or business or whatever.
And this is the one area where you have to be very careful
on what happens here.
And all of a sudden, one of the comedians gets a job on a movie.
Instead of celebrating for your friend, you secretly become envious.
Let me tell you, it will not be a secret for too long.
It will be felt.
Let's say we're doing different podcast talents here.
We're about to, we made seven offers last week to different talents.
We'll see which one's going to end up working out.
But we made seven offers last week to talent. One came on board. one's gonna end up working out But we made seven offers last week to talent one came on board one's gonna come in next week or two
He's starting but we got another seven that we made offers for let's say we start doing this
Vinnie what if all of a sudden you get to six million subscribers and you're blown up
If Adam is secretly envious
That's a problematic issue
Let's just say Adam all of a sudden takes off and he goes to six million that's's not Adam's DNA, but let's just say Adam goes to six million subscribers and his
show is popping. And you're like, I don't like the fact. Let's just say Tom beats both of you guys.
Yeah. And it biz doctors takes off vice versa. In life, certain people are going to have
levels of success above others that you eventually have to say like I had a friend of my Steve Aventon. Dude, I love I wanted so bad to be a good basketball player. I
freaking sucked. But you know what it was? Dude, I loved watching Steve play. I
would ask my dad that I would see in one summer, I would say that. Even though we
only have one day to spend time together, can come down to Glendale, you have to
watch this guy play. He's the Armenian Michael Jordan. Wow.
We would sit there and watch Steve play.
It was freaking awesome.
When I watch his highlight videos, I'm freaking,
I get the chills all over my body.
When I or armoned my friend went to Cal State Long Beach,
got a degree in mathematics, became a professor
at freaking Pasadena Community College.
Two guys that you would have never thought
doing what they're doing.
And then now he's running the operations
of the number one Persian restaurant in the world. and his family what he's done with it.
Rafi's play.
I freaking love seeing celebrating their success.
It's a great feeling.
The other day these two Armenian guys came to family.
You know the basketball player who I said, I hope you're able to do a few different things
to get into the NBA.
Play 40 Clippers, hit the shots.
You know who I'm talking about.
We want to have lunch with these guys.
Man, I love seeing these guys play.
But guess what?
Some people are
better than you. So, where is the challenge here? Man, some of these guys that are trash
and Trump wish they can be loved and enamored the way he is by his following. And they're
so envious because they cannot replicate that. So when you say, you know, when it comes
onto voting, it cannot be around the personality of the individual.
No, it is.
You have to sell the dream.
It is around your personality.
You can try to dodge that all you want.
To run the country, it is, forget about Biden.
Biden's an anomaly on how he became a president.
The only reason Biden's the president,
is he was fourth place in Iowa caucus or New Hampshire one of those
Well, he was fourth place. He was a new Hampshire not first the president was fourth in New Hampshire
How to hell are you forth and a last-minute calls made behind closed doors on Tuesday?
Pete drops
Amy drops Elizabeth Warren drops and Bernie who was ahead like he was doing good and many
These guys dropped to get behind Biden who made that phone call
That's not capitalism that's not free market that somebody can control so Biden's not a president because
He is got the qualities of being a president
Bites the president because of people behind him said pick that guy. He's the president will control him for four years
It is what it is take him out Obama sold the dream Clinton sold the dream
Bush was able to sell the dream and Al Gore sold
the nightmare. Go to Bush senior, couldn't no longer sell the dream. He was so much about
I'm a better policy guy. I'm a director of C.I. I'm a guess what America said. I don't
relate to you. Ronald Reagan sold the dream. Jimmy Carter sold the nightmare. John F Kennedy
sold the dream. If you can't sell the dream, you are not gonna get the job of the number one guy.
Unless if behind closed door,
somebody gets indicted and gets arrested,
it's not gonna happen.
So my challenge to the DeSantis camp,
if anybody from their camp is watching this,
few basic tips if I'm talking to Ron.
Look at the camera and talk to the American people
and sell me the dream.
Sell me what I'm concerned about.
Early right challenge, Adam, a little bit,
when he's talking to only the single crowd,
talk to me if I'm married with kids.
Talk to me about my concerns when I'm praying
when my kids last night.
Talk to me about my stresses with my wife and I,
when we're arguing at night about,
we gotta take our kids out of public school
because we're uncomfortable with the stuff
that's happening in different schools.
Talk to me for the worries that we have.
What's going to happen with these interest rates?
Seven percent.
I can't afford to buy a house.
Car price is 20.
Talk to me.
Talk to me.
Sell me to dream while the future looks right.
Why America is the greatest country in the world?
Why we cannot lose to these other guys?
China and all these, no matter what they think they're doing, we are the country that
has led the way for the world.
Sell me the dream.
Sell me the dream.
Talk to me, not in a scripted fashion.
Just damn it, talk to me, set aside the card.
Set aside the teleprompter.
Speak from your heart.
Talk about the fact when you were a kid and growing up
and how you had to overcome certain challenges
and eventually became who you became today.
The American people want to be sold to dream.
So a lot of these guys that are going out there talking the reason why Vivek is creating
so much momentum is because he's selling a dream.
Everybody else is bitching at it.
Chris Christie is not going to be the president.
Why?
Because he's trying to beat you.
He's trying to beat you.
Vivek is selling the dream. Mike Pence wants a job or he trying to beat you. He's trying to beat you. Vivek is selling the dream.
Mike Pence wants a job or he wants to seek revenge.
You ain't gonna be a president seeking revenge.
You're just a frickin' pawn on a chest table.
Nobody likes you from the other side.
They're just using you and they're winning.
Tim Scott potentially could have a job
on the administration, but maybe he's kind of showing up to say,
I want him in the championship in 2028.
I want to be a future president, then show up to him,
show up, sell us the dream.
But I think the Santas got to come up and say,
hey, I'm your guy, here's who I am.
This is your opportunity, Ron, because if Trump was there,
30% of the minutes would be spent with Trump.
Show up.
Thank God Trump is not there for dissentist
because I think this is his only chance
to steal the show.
If he doesn't, it's over because the next debate
Trump's gonna show up and it's no,
everyone's gonna target Trump
because whether it's gonna be CNN, MSN,
this is your Fox, the board is gonna say,
you better ask the most questions from Trump
because that's what gets us the eyeballs.
People come and watch a debate for Trump.
They're not coming to watch you for everybody else.
So guess what?
You just lost 22 minutes.
You just lost an edition of 11 minutes.
Use your minutes wisely.
Use your minutes wisely.
Talk to me, sell the dream, I believe.
I'm telling you this with this debate
that's coming up tomorrow, Milwaukee.
I believe this is the chance to make a comeback and the comeback show has to be tomorrow.
If you're able to talk to my heart more instead of just my brain, run.
You talk to people's brain a lot.
Most people don't make decisions with their brains.
Talk to my heart.
Speak to my heart.
Speak to me with what I'm going through.
If you can tug at my heart and get me to say,
frickin' A, man.
You know what?
He ain't perfect, he ain't this, he ain't that,
but I gotta tell ya, I just, I like that.
I relate to, you know, I like him.
Then he's gonna have a plus minus tomorrow,
following the, and then go and do the 50 podcasts
that you haven't done.
You know how many podcasts, Vivek has done already,
60 plus. 60 plus, he's done. You know how many podcasts we've had, there's done already 60 plus.
60 plus he's done.
You know how many podcasts some of these other guys have done?
I don't know how many podcasts they've done.
This guy's done 60 plus and he keeps climbing
and he's selling the dreams.
So, we're gonna learn a lot tomorrow
and I hope some of these guys show up.
I would love to see Ron make a massive vertical leap tomorrow,
but I don't know who's in his ear,
and I don't know what they're telling him.
I think he needs to spend a couple hours today
in the bathroom away from everybody.
Just talking to himself.
Literally talking to himself, reflecting,
writing notes, why are you doing this, Ron?
Go back to that instead of, I have to prove him,
and I have to know, today it's you and one of the person,
you know who the other person is Ron?
The American people, it's you and them, one on one.
If you win there, you're gonna have a spike
and at 46 point lead that Trump has,
maybe goes down to 31 or 32 or 33,
and then you go on 50, 60, 80, 100 different podcasts
that like three months, then like six months,
and how gonna be easy, it's gonna be a lot of work.
And people are gonna say, this guy's a human being.
I relate to him, I can do him because if you don't,
Trump's gonna be the candidate,
and it's gonna be over.
I agree, I think staying up, amazing,
you put it perfectly, like,
that's what I think he's missing, Pat,
is a person like you sitting down with him
this entire time and telling him
to hell with the script,
look at the American people.
You can look in the camera and like you said, Pat,
look into people's hearts.
Think about his story, his childhood,
the military working with the Navy SEALs,
his wife having cancer, beating it.
There's the story.
What he did with COVID,
yet the hell with everybody else,
just talking to the person I think is like, my, if he had you this entire time, it'd be a
whole, but he has it. He has it. Like, he has the fire. You know, he, I've seen this guy
freaking fight and I love it. Show up. Look, you know, there are those that are 100% Trump.
Okay. There are those that are 100% dissentist? There are those that are 100% dissentist.
There are those that are 100% anti-republican.
So it doesn't matter if it's Biden or anybody,
they're just anti-republican.
I'm not talking to you.
There are those that are kind of like,
look man, I honestly don't wanna vote for Biden.
I'd like to vote for somebody else.
Can Republicans just give me another option
outside of Trump, okay?
Those guys that are like,
I'm willing to vote for somebody else,
just not Trump, because I don't think, okay. there are those I want RFK, but they don't
believe RFK is going to be there at the end. But the point here is, this guy's shown fight.
He's got it. He just sometimes sounds like he talks to people, he talks at people. Stop talking
at people, man. Talk to me. Stop preaching at me. Just talk to me, speak to me, pause, tell me story, connect with me.
That's all I want from you.
Do that, you're smart, you're brilliant,
you're background is sick,
but that's the one where you need to address.
He addresses it's gonna be good.
I want to hit one more story before we wrap up,
unless if you guys got any 15 second comment.
I look, you're gross at saying,
I think Ron DeSantis needs to watch that clip
of DVD right now.
Maybe in four years, but David Consultant will offer campaign consultant. I think I think Ron DeSantis needs to watch that clip. Let's see right now. Listen, maybe, maybe the bathroom by himself.
Maybe in four years, but David Consultant will offer campaign consultant. Hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, that he's posting all the pictures of Logan Paul's girl that he's,
he, uh, he, uh, engagement and all that stuff.
He's posting all these pictures.
And he's got a picture that he says,
if I post it, it's game over, I may even go to jail,
I may get in trouble and he said,
he shared a picture with Andrew Tate and Andrew Tate retweeted
and he says, look, I've been following Dylan,
Dennis, all the stuff he's saying about Logan.
If he does share this picture,
it is going to be ugly. And yesterday Dylan said, if I stuff he's saying about Logan. If he does share this picture, it is gonna be ugly.
And yesterday Dylan said, if I get to two million followers
on Instagram, I'm on a post that I think is at 1.9 million followers.
I don't know what he's at.
So he posted before the fight, I think he just landed in London.
It's gonna be ugly.
But here's the one I want to talk about.
Logan Paul and Jake Paul.
Rob, do you have the clip of Logan and Jake Paul arguing over Nick Diaz
and arguing over Woody Collins.
Bring the drink in, bring the drink in, and you don't let me say,
so what, get over it.
You know, sometimes you just like to play both sides and all this up.
They're going back and forth.
Yeah.
I want to give my thoughts on there, and I want to get your thoughts as well.
If you have that clip of the two damn, that's the one right there.
But it's got to be a shorter one.
It's not giving it to you.
It just type in Logan and Paul.
Just type in Logan and Jake.
That's all you have to type in.
Just type in Logan Jake.
No, no, not and.
Take the word and out.
Like, I'm, yeah, that's all right.
Just put Logan Jake.
There you go.
So, if we see what pops up,
that's not the one.
That's not the one.
Go a little higher on media, go higher, go higher, go higher.
And I wish we had this prepared,
because I really had a couple thoughts I wanted to share.
It's not your fault, Rob.
I didn't tell you about this, it's my fault.
Well, just break down Pat.
He's arguing because,
yeah, but because his brother Logan walked into the stadium
to his fight, which he was told contractually,
you cannot come in with any product, but Logan,
they stopped them Pat and they said,
you can't come in here with your, with your prime drink.
And his brother's like, I'm your brother.
It's a contract.
You were told not to.
He goes, yeah, but it's, he was like, I'm a business man.
Rob, I found that I'm texting it.
You're going to keep saying it.
Yeah, but he's like, but I'm a businessman.
He goes, yeah, but listen, I am your brother.
It's not like it's my decision.
We have a branding.
They're spending millions of dollars. You can't bring in
I'm sorry. There's a stipulation that you can't bring in the plan. Yeah, so and Pat
But think about it as a brother. You can't your brother. You can't do it
So if you if you look at the video, I just texted you to them first play the first one that I send you with the drinkrop
I texted both of you guys I text both of them to you
Yeah, that's the one first. If you can play that first.
Okay, so here's what happened.
Logan and Jake have a big fallen out.
Apparently, a fallen out.
Over a podcast they did together and the world is reacting to this.
Obviously, this whole mess that's going on with Dylan Dennis posting the pictures of his
ex and not his ex, his current fiancee that he engaged to and she's dated all these
different guys, the way Dylan's putting what's her name.
Come.
Her name is Dean Agdol, I actually know very the way Dylan's putting in what's her name? Count.
Her name is Dean Agdol, actually, no, very well, she's from Miami.
Oh really?
Okay, fantastic.
I could go down the path here as long as you want me to go down.
Okay.
By the way, say that on saucecast.
Okay, that's good.
Oh, I will.
So now, so here's the part.
So here's the part with this.
So Dylan is saying if I get to 2 million, I'm going to post a picture of the world, see
that they're going to go crazy.
Andrew Tates sees the picture and he says, if he does, this guy's gonna get in trouble.
Here's the exchange between Logan and Jake.
Go ahead and play this.
I would get kicked out
if I brought a prime bottle to the stadium.
That's f***ing ridiculous, dude.
Yeah, get over it.
Meanwhile, I'm your brother building a business.
Oh, yeah, you're my brother building a business.
You love to play both sides.
Who's the other side of my play?
You play both sides.
And it's like you want a partner with Dana White
and KSI.
I have all my life.
Your life is your life.
I'm going to take these opportunities.
When we as brothers no longer become additive to each other
and it feels like you or I are trying to take from one another,
or when it's convenient for you or brothers,
but then when it's not, you do the exact opposite of like,
we are completely separate.
So like, I'm going to do what I'm going to do as well.
I don't know if I always have to yield
and bend my personal ways because we are brothers
and that's the sole reason.
They said I would.
So I played the other one that I texted you.
The other one is what he says, Logan says about
the fight that he turned down with.
He was supposed to fight the IS,
rather if you have it, is this the one? Okay, good.
So if you can play this clip here,
this is with him talking about, go ahead.
Fury's on my f***ing radar.
You're not even a fighter.
You do exhibitions and lost like four years ago.
I think I'm better than you.
And I think Nate chose you for a reason.
And I think everyone knows that.
But what have you done to prove that you're better than me?
I don't know, went toe-to-toe,
ate rounds with the greatest boxer of all time.
If for whatever reason,
you go to CSI's Fade $8,000 for a story arc of
avenging my business partner and brother right there.
I think you just, I think you just want to beat Tommy to be able to say that
you're better than me at boxing.
Tommy, you're the right there.
So here's my thoughts on this.
Couple of things.
80% of me thinks they're full in the world.
80% of me thinks they're full in the world that this is not real.
80%, you ever seen a movie warrior with Tom Hardy and Nick Nolte? Things they're full in the world 80% of me thinks they're full in the world that this is not real
80 per see you ever seen a movie warrior with Tom Hardy and Nick Nolte and
The two brothers that they the guy in the movie the stories about the guy that gives five million dollars
Winner takes all the baddest man on the planet and everybody shows up and the two brothers Tom Hardy and what's the other guys I'm a great great actor, whatever that guy's name is on that pick. Edgar Ten.
Freaking sick actor.
I love, Tom is one of my favorite actors,
but him and the other guy, Nick Multies,
an alcoholic in a movie, and he trains one of the brothers
and these two guys from two different brackets
end up making it to the championship.
And then all of a sudden, the guy announces and says,
oh, you will not believe the story being built up behind this.
These guys are brothers and they haven't,
that I don't want goes into the military, big mess, fallen out.
And it leads into the biggest spectacle pay-per-view.
Obviously it's a movie.
Okay, so Jake and Logan, if they're trying to make
the real life warrior movie to say we're gonna sell
record breaking pay-per-view, big than counter-m-mogreger, and May weather, and each of us are
going to pick up a hundred million dollars. Guess what? Kudos to you if that's what you're doing,
and the world's going to fall for it, and they're going to watch it, and we'll be entertaining. Sure,
these guys are professional, professional marketers. For the last five years that each made hip-hop videos
reacting to the other person and saying you just want to be me
And you just want to be that and they've ran with this now
Say that's not the case, okay say it's real. Let's just say it's not the case and it's real a
Few months ago. I made a video. I think they had a follow-down with George Enkel and then it wasn't a follow-down
Then and Mike reached out and him and I talked was it a follow-down not a follow-down? No, it's just not a follow-on
Okay, great. I don't know what's going on over there and whether there was a followin or not and
You know, they have a great podcast. I think Mike's a great communicator. I think Logan's a great marketer
And I think George was a good addition to the group
Obviously the main draw there is Logan before Logan you and I probably didn't know Mike or we didn't know George or Logan kind of
Pulled it up and he's done a great job for himself building building a brand, creating a lot of money for a lot of people.
No problem.
However, if this is real and they're going through this,
there's a few things that I understand it's a modern day
and I say take 90 days off.
I don't know if you remember the soul,
90 days, Logan, Paul, take them 90 days off stuff.
He reacted to it.
Yeah, and he reacted to it making fun of it all these things.
So one, if it's fake, they're fooling the people
to make the money, go for it.
If it's real, rule of thumb, never publicly humiliate
your family for dollar.
Keeping up with the Kardashians, they did it.
Yeah, they're great marketers,
whatever you want to put it up, they're great.
They did the state did that.
No problem.
The family loses a bit of sincerity. the family loses a bit of authenticity.
It all becomes an act to get the eyeballs, et cetera, et cetera.
If these guys were my sons, which they're not, but if they were my sons, I would have a
conversation with them and I would say, we have some basic guidelines guy for this Paul
family.
You guys can publicly never talk to each other the way you guys have privately fight as
much as you want. Publicly, You cannot do this. This is not an
example. This is why Tate Brothers, when you see the videos on how it shows how
Tristan defends Andrew and that goes viral and it's teaching brothers to be
united and Logan and Jake show and Logan not being happy for Jake and them having an animosity that creates
dissension and division. One unites a family, one divides a family. So if it's an
act, take your couple hundred million dollars. It's a really worth it. I don't
think so. I think both of you guys can find ways to make billions and better
ways instead of wanting to beat you know, Conor's fight or all that. So if I
understand they're both competitive, I really like jake really i'm a big i'd really like jake jake to me is a very very attractive
uh...
personality where he's getting wiser and wiser they're supportive of that i
relate to like
if we were in the army i probably would have hung out more with jake then i
would have had to look in if we were both eighteen hundred percent but also
thing logan's got an upside to be a president one day i don't think this is
good look on what they're doing even if it's a publicity stunt so anyways, we don't know what's gonna happen
All I know is that was my thoughts if you guys got anything added and then we'll wrap it up
Anything there nothing. Okay, let's finish up the podcast
Gang oh
Today's what Rob today's Tuesday or today's Tuesday. I thought it's Thursday today's Tuesday
So we got podcast on Thursday Thursday Thursday three o'clock
We're going to be doing special time after the cap've got podcasts on Thursday. Thursday, three o'clock. We're going to be doing a first-of-a-clock after the cap of the presidential debate.
Oh, Thursday, three o'clock.
We're reacting to what's going on with the presidential debate.
Yesterday, Kabeebe's interview went out.
I don't know if you guys saw it or not.
With the whole thing about in America, we have 100 plus genders.
How many do you have in Russia?
He gives a reaction, which is gone.
Take it off everywhere.
But also, the 54 minutes of the Tate interview
that was not released, we finally got approval.
I think that's going out tomorrow
on P.E. Park.
Yes, stay tuned.
It's gonna be apps.
He's gonna tell a story of what they did
when they were spying on him and his brother and jail.
You're gonna crack up on here that story.
Having said that, take care everybody.
Bye-bye.
Hi, I had that last thing. Take care everybody. Bye bye. Bye. 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