PBD Podcast - Rob Smith SHOCKED After Lawmakers Calling For $14 Trillion In Reparations To Black Americans | Ep. 273 | Part 2

Episode Date: May 25, 2023

In this episode, Patrick Bet-David and Rob Smith will discuss: $14 trillion In Reparations To Black Americans The Massive Drop In Cable News Viewership Americans Who Will Struggle To Get Their Mo...rtgages Tucker Carlson Sending Legal Threat To PAC Urging Him to Run For President Iran Hanging Three People On Drug Charges FaceTime or Ask Patrick any questions on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://minnect.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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 --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

Transcript
Discussion (0)
Starting point is 00:00:00 So when you stain a penthouse like this all the way at the top You got to get time to write kind of drink. Seville. Can you please serve? Mr. Ellsworth the proper drink I just was not set up Trying to have the Sam West stop morning Gus and take your uh, no What is it? We can't see it. No, I can't see it. What is it? Sam doesn't know that I just have a box like this's not. Are you joking? I'm not talking. Come. I will not touch the bottle touch it. No.
Starting point is 00:00:30 No. You've been serious. I'm just definitely serious. What do you have a purchase the beer? No, it's not a beer. You know how you make bud light? You know how you've been bud light. Tell us. You let a horse drink Chorus and put a fuck it underneath and Fultures the chorus and that's how you make
Starting point is 00:00:49 Bud like. Wow see that's why you're doing Fend off. You know what is going on with Bud like what do you want to tell us about Bud live here? Well I'm disappointed a little bit in corporate leadership. You know I do Key studies look at corporate leaders and stuff and how you lead to turbulent times and right now you've got the CEO Budweiser saying, it was one can.
Starting point is 00:01:08 It was one picture. We didn't have a contract. Well, wait, you didn't have a contract, did you really? Was that handshake agreement? Yeah, exactly right. And it's a, and there was one person that was in the marketing group and we shot her and we shot her boss. And we are getting back to where it was.
Starting point is 00:01:26 And so you see what the CEO is doing is trying to rinse responsibility off the organization and not only have they thrown the marketing person in her boss under the bus, they're backing up the bus going back and forth to make sure they're dead. And that is what's happening. It's really number one, the best thing to do is to say,
Starting point is 00:01:45 you know what? My team made a mistake and the buck stops with me and I'm the CEO here. And you know what? We're always trying to market and we're trying to market to various groups. This was a freaking big bonehead error. And you know what? We're stepping back from it. And this is how it happened. Instead, wait, oh, it was only one can. And it was only one incident, and there was only one person, and she didn't have permission from her boss. Does that sound like a weak, you know, leadership, you do the vault conference, you talk to leaders all the time, Pat,
Starting point is 00:02:13 does that sound like a weak leader running from blame or a strong leader come into the microphone? You know what this, last time you know how to have a very good conversation together for 45 minutes, okay? And we're watching a Miami Heat game, he's giving me commentary. I needed help.
Starting point is 00:02:26 So he's kind of telling me, watch this place, all this stuff. I told him something last night. I said, you know, in life, here's what mistake we can make. And you shouldn't make. You have to take a stand and have a position. When you take a stand and take a position, what happens next is there is opposition. You take a position, there happens next is there is opposition.
Starting point is 00:02:45 You take a position, there is opposition, position, opposition. Great, that's natural. Hey, I think Michael Jordan's the greatest of all time. You're a moron, Lebron's the greatest of all time. That's opposition. I think the Yankees are the greatest organization of a Steinberg, are you kidding me?
Starting point is 00:03:01 It's really the Dodgers. I think I'm a, the Muslim this, Christian, did you know that? That's the opposition, right? Okay. Bud Light took a position. Their audience are male, white, military, wanting to drink.
Starting point is 00:03:18 Last thing they wanna think about is just politics. They just wanna drink, have a good time. They love America, they wanna go to a bar, it's not expensive beer. They wanna get a good conversation. Most people America. They want to go to a bar. It's not expensive beer They want to get have a good conversation most people when you think about Bud Light You think about a great conversation in a moment. You shared with a friend, right? Then these guys try to increase their ESG score and Bud Light and high-ser-bush ends up having a perfect ESG score Okay, one of the best ESG scores in America
Starting point is 00:03:43 Do you know what Bud, do you know what they just did? The ESG score organization came out and said, I don't know if you saw this or not. They came out and they said LGBTQ group slashes and high-serbushes, perfect rating. They had a perfect rating after back-lashing, backtracking on Dillamolveni's Bud Light controversy. So what are they doing now?
Starting point is 00:04:03 Now they're backing up and they're saying, yeah, I don't know if we, you if we support what they're doing now. They went from a perfect score of 100. Only 20 companies, I believe, had the perfect score of 100. So here's what Bud-like did. You already had your loyal audience that's been loyal to you for decades,
Starting point is 00:04:19 but you also wanted to win over the SEI corporate equity index score and increased that. You know what happened? You lost both. Not only did you lose your customers, but you lost the people that you were trying to please. That's what happens when you conform. People see through it and they say,
Starting point is 00:04:37 it's bullshit, we don't like what you stand for. You don't have a backbone. Dude, I'm stepping away. So they lose 28%. You know who gained 28%? All the other guys. Caused in everybody else. Your customers, one elsewhere.
Starting point is 00:04:49 And for the, America's pretty forgiving, so I think eventually they're gonna get over it and kind of be like, yeah, whatever. But it's gonna take a minute and the only way they can do it is by firing the current CEO, firing the current CMO, firing the VP of Ops, showing the fact that you fired everybody in that department, making a public announcement that we don't care about our ESG score, our
Starting point is 00:05:11 CEI score, our DEI score. If you don't do that, those people are not coming back. But if you do do that, and you replace them with a better CEO, better VP of marketing, better board, they're going to come out and say, here's what I love America. Here's what I believe in, and look, we just want to make good beer, but likes make great beer for many, many years. That's what we want to get back to. If you show that you don't care about wanting to please these guys, I think customers will show back up, but that's going to take a year or two to do.
Starting point is 00:05:35 100% and Budweiser USA is owned by, and has her bush, USA, is owned by Inbev, which is a giant beer conglomerate that also owns Stella or Toa and many other corona and many other things. And let's go through it. And what Inbev needs to do and says, we didn't buy you to pee in the pool. We bought you to keep growing as one of the dynamic brands that is that lines up like Coca-Cola and others with the last 100 years of Americana. It's a very American iconic brand. And in Bev, it needs to do exactly what Pat just said. Said you, you and you, you're done.
Starting point is 00:06:12 We bought you not to do this. And you guys have just pukeed on your own shoes. This is over. So here's the thing. So I wanna give a little bit more context to this. This actually falls in line with something I'm watching you the next couple of weeks. So everybody, like go to stopwoke.com,
Starting point is 00:06:25 you'll see what's going on. Stopwoke.com. Stopwoke.com. Put it in the description comments. That's great. That you got that, man. So here's the thing. And a couple of weeks, we're going to launch
Starting point is 00:06:35 what I'm calling the corporate fairness index, OK? So stopwoke has partnered with the Rainey Institute for Public Policy in DC. We've actually come up with methodology. We're going to announce the top five Institute for Public Policy in DC. We've actually come up with methodology. We're going to announce the top five focused companies in America. We're also creating a curriculum. We love that.
Starting point is 00:06:50 We're also creating a curriculum yet to go into these corporations and to say, OK, this is what you do to sort of get away from this. When people don't realize about this but light thing, and when people don't realize about the dillimove anything and all of this other stuff is that the human rights campaign, they have something called the corporate equality index. This is a grift. They have shaken down these corporations for the past 20 years.
Starting point is 00:07:14 The human rights campaign calls itself an LGBT advocacy organization. It is a far left Democrat super PAC at this point that gets $45 million in grants and contributions in 2020. I personally know for a fact that they have shaken down a major bank to the tune of nine figures when they threaten them with dropping their score. But Light had to do this in order to get 100% rating on this corporate equality index, which is something that the HRC puts out. So the only way we can stop this, like we can talk about corporations or to work all of that other stuff, what we need to do is number one, go into these corporations, de-insensivize
Starting point is 00:07:59 the importance of something like the corporate equality index, and give these corporations an off ramp. Give them an off ramp to say, you know, you can do your diversity and all that stuff that's fine, but also you have to sort of appeal to the other side of the aisle as well. So we do not stop the fight against corporate woopness until we de-incentivize the importance
Starting point is 00:08:24 of the corporate equality index. That's why I'm launching the corporate fairness index in a couple of weeks. We're going to be doing a lot of stuff about that. There's a lot of companies that are very interested in this. And I believe that as a consultancy, this is an emerging market. These companies and these corporations want an offer and they want to weigh out. I'll tell you, I love it. And by the way, you know who funds the HRC Democrats open society foundation, you know, Social society, Soros, you gain a hundred million dollars in 2012. We're not even talking recently hundred million dollars in 2012
Starting point is 00:08:56 But go ahead we're gonna say in one of the things that is I'm going I'm literally going to the swamp tomorrow Yeah, I'm hitting up donors and I'm doing these presentations, all the stuff. So when I'm hitting up donors, especially conservative leaning mega donors for organizations like Stopwoke that are doing this stuff that we're building this corporate fairness index up. We're gonna do this work. The first thing that they say is,
Starting point is 00:09:18 oh, well, don't we already have this? Don't we already have that? Well, I give to this politician, I give that to politician. When you said that the human rights campaign is funded by George Soros and his open borders society, open whatever society, the left, these people fund all kinds of organizations to the tune of billions of dollars.
Starting point is 00:09:38 And we don't have very many things like this on the right that are things that are advocating for Argentina. And the reason why is that we have a donor base as conservatives that are so consumed with get this politician in, get this, all this other stuff. The change that needs to happen in this country, and this last thing I'll say, I know I've been going on a bit of a tangent,
Starting point is 00:09:59 the change that needs to happen in this country is a cultural change. It will start with the culture, and the politicians will follow. It is not the other way around and this is what people need to get. I love it. This is what I'm going to tell you. Stop won'ters. Stop won't, stop won't, stop won't, we got it all over the place. Rob respect to you. Yeah, sure. What you're doing. Appreciate that. Can we get a little sneak preview of the top five most of all companies give us something to work with? There guy I do not want to spoil anything.
Starting point is 00:10:25 I got a couple of places that have the exclusive, one place that has the exclusive. I will say that these are companies. I know the top five, I know two in the top five are household names. Household names. So I hate to disappoint you, but what we did is the last three months,
Starting point is 00:10:42 we've been trying to increase our ESG score and our CI score. And this is what we did yesterday. If you want to play this clip to try to increase our ESG score. Who is it? Who knows? Hey guys, what's up? That's what's up guys?
Starting point is 00:10:55 Oh my God. There's a guy. There's something. Vinnie, Movinnie, the house with their blood. Yo, what's up? Look at that. Who's she said? Oh, I'm going to squat you.
Starting point is 00:11:04 Chicken legs, Vin. Oh my God. Look at that boy. Look at that boy. What's up, look at that. Who's she's gonna go? I'm gonna squat you. Chicken legs, man. Oh, my god. Look at it boy. Look at that. What's up, Godlite? I'm gonna go in a butt like right now. Don't get it in the way. Sponsorship.
Starting point is 00:11:12 We'll see y'all later. Oh, that's a good look. That's a good, you just increased our yes to score. You're amazing. I love you guys. It's crazy. He was walking our like that all day yesterday in the office. I'm like, he comes in.
Starting point is 00:11:24 I'm in the comfort. I'm like, what are you doing? He's like, we're doing a sk office. I'm like, he comes in, I'm in the comfort, I'm like, what are you doing? He's like, we're doing a skit. I'm like, okay, make sense. Let's go to the next story here, Tom. Jamie Diamond, warns, souring commercial real estate loans could threaten some banks. And by the way, when he says that, interpretation,
Starting point is 00:11:41 we're about to buy some more banks. Exactly. So Jamie Morgan Chase raised his concerns about commercial real estate loans cautioning that certain locations office properties and construction loans could pose. Primes for banks, diamond states, the off-site in this case will probably be real estate. It could be very isolated. It won't be every bank, despite historically low loan defaults, diamond highlights the impact of rising interest rates and changes in the working environment on commercial buildings, especially in markets like San Francisco.
Starting point is 00:12:10 He believes there will be a credit cycle stating, my view is it will be very normal with the exception of real estate. Diamond advises banks to prepare for higher interest rates, urging them to plan for rates going as high as six or seven percent. That's not something people in the real estate business one here, Tom. What other insight do you have on this story here? Well, let's take it from the CEO office in the penthouse, and we'll take it all the way
Starting point is 00:12:34 down to your house. First of all, let me translate for Jamie Diamond. I read it, and I was able to translate it. There are some failing banks that have some furniture that will look great in my office. And so it's basically what's about to happen. The, it's basically, for the last nine months, JP Morgan has been basically like Batman, that when Janet Yellen and the Fed are in trouble with banks and failing and everything
Starting point is 00:13:05 they turn up, they turn on the bat spotlight and Jamie Diamond comes to the rescue and helps them pick up the pieces of these banks by taking parts assimilating them into JP Morgan and then the rest of the things the investor, the Jimmy depositors ended up being protected by the federal government because the deposit that was beyond FDIC limits, government took care of it. But what Diamond is saying here is that he's saying it without being inflammatory. The banking crisis is not over because the interest rate crisis is an over.
Starting point is 00:13:34 And we all know what's happening commercial real estate is getting rough. And Rob, do you have, I sent you a follow up email which was the mortgage highest rate since early March. Take a look at this PPD. For people, if you happen to be driving and you can't see what's on the screen right now, it's a chart showing the interest rates and we had a bump up at about 6.3 quarter percent in February.
Starting point is 00:13:56 Now, we're about to have another bump up after we came off the spike, which was October November, we were above 7, about 7.8. And so the interest rates and homes are not going down. Even though we talk about the Fed that maybe during Powell has been up to see the cheerleader for the last time this year, and the interest rates are going to be flat, what's really happening right now is the interest rates
Starting point is 00:14:17 and mortgages are actually ticking up a little bit, and the houses are still not moving, and we're here going to be a lot of headlines over the course of the summer about things going on and banking. So it's still going to be tough for people to sell houses. It's going to be tough for people to get mortgages in new cities if your job moves and you're laid off
Starting point is 00:14:36 and you have to go somewhere. And so it's going to be a long hot summer. And you're going to see Jamie Jamie Diamond and JP Morgan Chase get bigger because there are going to be some small banks that were highly exposed to commercial real estate get clobbered. Is there any names? I have some names next week but it's not any big names are out there. There's regionals.
Starting point is 00:15:02 See there's regionals that maybe do really well, like in Indie Mac, that does really well in Indianapolis. And so they did a couple large buildings in Indianapolis, and now those buildings have low occupancy rate, a troubled mortgage. And that's what knocks over a bank that is serving the local commercial market. Because local commercial banks are tied to local commercial politicians tied to local you know, downtowns that are getting built. Now, the national banks have less clout and interest on those than they have in broad base consumer things.
Starting point is 00:15:32 If you're by your right now, commercial real estate, are you, are you buying now? Are you waiting six, 12, 18 months? What would you recommend on the commercial real estate side? The Oracle of Omaha says when it's raining outside, run outside with a wash tub, and I think by the end of the summer, it's gonna be raining hard in commercial real estate, and if your business is in a position to move up or you're able to grow or take advantage of space,
Starting point is 00:16:03 I think you're gonna have opportunities to do it right around Liberty. Interesting. P.B.D. what's the fallout from this? Because I believe, what was the bank that Chase acquired? Was it first Republic? I think they had 80-something branches in, I don't know, eight to 10 states.
Starting point is 00:16:18 They acquired that. Silicon Valley Bank. Close some of the branches, took some of the loan assets that were still good, began to service them. And then you got Silicon Valley Bank and Signature Bank with the other some of the loan assets that were still good, began to service them. And then you got Silicone Valley Bank and Signature Bank with the other two banks. They were taken over by the FDIC, I wanna say.
Starting point is 00:16:30 So walk me through the mindset of Jamie Diamond. You're just kinda sitting there like, all right, let's see which one of these bad boy banks, regional banks, we're gonna acquire next. And then what are the ramifications of that? When these mid-sized banks, regional banks, shudder, and then all are the ramifications of that when these mid-sized banks regional banks Shutter and then all of a sudden we're back with these four big mega banks. How does that affect the economy at that point? I can I can draw a picture for you really easy. It's really easy to see Let's spin back 15 years and look at our cell phone choices
Starting point is 00:16:59 And I'm gonna give you some names that are gone singular AT&, AT&T, when it was smaller, next tell, sprint, GT mobile net, and then you also had the ones you still have now. You had Bell Atlantic mobile before it became Verizon, and you take a look at that. Now look at the consolidation. You have four choices now. You have independence that are, you know, the small ones, the phones for the elderly, phones for people in fixed income, and then you've got T-Mobile, which now on Sprint, and you've got Verizon, and you've got AT&T, what are the other choices? You got Cricket. Cricket is one of the small ones to serve a certain populace. The same thing's happening in banking. What you saw happening in mobile
Starting point is 00:17:39 phones is what is happening in banking. What you saw happening in cable TV. Remember, you had all these different choices, and all of a sudden, well, you got a dish, and you got a direct TV on satellite, and then you got whoever's got the cable in the street, probably Cox or Comcast, and suddenly you didn't have very many choices. OTT democratize that,
Starting point is 00:17:59 as long as you get internet to your house, you can choose anything. But the same thing is happening with banks. How will that affect the average consumer? If they're like, all these banks are being consolidated, I'm left with only four choices. Well, on my podcast, I pointed out that I said, look, if you have a local bank that really serves business as well, and you have a first name basis, and they give you all kinds of loans and support for equipment, make the relationship there, but also have an emergency
Starting point is 00:18:24 account with money in it, and make one major payment a month. Maybe you're building rent and have that with Chase or with B.A.V.A.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V.V financial crisis for cable news. This is a Washington Post story. Cable news, declining influence and trouble business model are evident as TV viewership drops and court cutting accelerates. The recent CNN town hall with Donald Trump drew the just 3.3 million views highlighting the industry's wanting power. According to research firms, cable subscription have declined from 70%.
Starting point is 00:19:03 Just seven years ago, 2016, to under 40% today. That's massive in a short period of time. Despite the decline cable news networks remain profitable due to license fees paid by cable operators. However, as cable subscribers continue to decrease license fees may become unaffordable for operators posing a threat to the financial foundation cable news while networks have ventured into digital platform streaming services and apps have yet to match the popularity and profitability of traditional cable. The future cable news is uncertain with the industry grappling with challenges in adapting
Starting point is 00:19:41 to streaming and appealing to younger viewers. This is pretty well that that's taking place. Rob, what are your thoughts on this? I've lots of thoughts on this. You know, somebody that operates in both spaces, and there not a lot of people do, right? Because some people that are in the cable lose world are just there, and then some people
Starting point is 00:19:57 that are sort of in our world are just here. So I've been able to sort of negotiate both spaces. They really are two different things. The fundamental problem that I see with the cable news networks and you can, they're interchangeable at this point. You can switch out any of them. Is that number one, it is an older, older, older audience, right? And so they are not making the investments talent wise, they're not making the investments,
Starting point is 00:20:18 infrastructure wise, they're not making the investments content wise in order to bring that age down. They are more focused on keeping the older audience that they have right now than they are in trying to build up the younger generation of eyeballs. And that doesn't mean that you take a 32 year old and put them on cable news. Like that doesn't matter. A lot of the people for me, a lot of people that follow me
Starting point is 00:20:41 on Instagram, Facebook, and Twitter at Rob's Myth Online. But a lot of people that follow me would not see a lot and Twitter at Rob's booth online. But a lot of people that follow me would not see a lot of my cable news clips if I did not package them up and post them on my social media. This is a huge problem now. What I think is gonna happen is that maybe in the next 12 to 15 years
Starting point is 00:20:57 when places like Valtuteim and are built up when places like DW, like all of these content hubs, these people are gonna, you know, see their declining relevance and they're just gonna start gobbling these companies up, right? But yes, they are becoming less and less relevant because the people that are the youngest people that come up to me on the streets
Starting point is 00:21:18 or that are my name, so whatever, like they're finding me on, on, answer, they're finding me on, on TikTok, you know, they're finding me on YouTube. They, these people don't know what cable news is. And I think that as media people again, we live in this bubble where we give these networks kind of like a lot more relevance than I think that they have to people that do not live in this world because people that do not live in this world could care less.
Starting point is 00:21:44 They're on their phones, you know, they're following their people on Twitter, Instagram in this world could care less. They're on their phones. They're following their people on Twitter, Insta, Facebook, YouTube, whatever. Adam. Yeah, I mean, if you just look at these numbers, it's almost shocking. If a company, if you did any company, if you Tesla, JP Morgan Chase, pick a company, Amazon, Apple,
Starting point is 00:22:02 the list goes on and on. If you said that, cable descriptions have declined from over 70% of households as of 2016 to now under 40% today, okay? What is that? 40% drop, give or take? Yes, massive. Okay, massive.
Starting point is 00:22:20 Yeah. Okay, now, let's go five years from now. If it's at 40% now using that same math, now you're at 20%? Yeah. At what point are you just completely out of business and bankrupt? It's pretty shocking and I love how they say here,
Starting point is 00:22:34 the future of cable news is uncertain with the industry grappling with the challenges and adapting, streaming and appealing younger viewers. Uncertain. That's only one thing. Pretty certain that it's completely in decline. What, it's only one thing. Only one thing is making cable news people stick around. What's for you, too? No, it's for sports.
Starting point is 00:22:50 So what Phoenix Suns did, if you can pull up Phoenix Suns, Phoenix Suns are moving away from relying on media to control them and cable. They're launching their games to be played on an OTT, their own OTT. The Sun. Do you realize what'll happen if these guys succeed? If they go away, whichever, everything you need to know about the Sun's new media deal and the MBAs are a Sun problem. So if these guys get away and they say, if you want to watch the Sun's play, $9.99 a month.
Starting point is 00:23:20 Okay. If all of a sudden a million people in Phoenix or nationwide that like the Phoenix Suns, pay $9.99 a month or whatever the dollar amount is, now they're making $120 million a year off their OTT and they don't need to put that anywhere. They own rights. If ESPN wants clips, they got a buy. If other people want the clips, they got there's certain benefits that you get. So sports is holding people within the cable network. One sports goes and these YouTube NFL deals, these, you know, Spotify if they do something, they're not right now. If Twitter picks up something with sports,
Starting point is 00:23:54 if gradually this happens, unfortunately cable news will be newspapers very quickly and they'll have to transition. Now don't get me wrong, this doesn't mean they're gonna be done, done. Some of these guys behind closed doors are working on, creating their stuff, moving their stuff from a cable to OTT.
Starting point is 00:24:10 The Foxes, Doom Fox Nation, CNN tried to do CNN plus, where Carrie Lake wanted to do the interview with CNN. I don't know if you remember that or not. There's some of these things that are out there, but we'll see what's gonna happen. How many thoughts on this? Yeah, you can also see that, although I think Pat and I both agree that the NBA is not a very good product right now.
Starting point is 00:24:30 Go nuggets. Yeah, yeah. Real out. But we're not on the game. I mean, the product itself. You also see things happening. For instance, I believe it's important trailblazers. They're the first NBA team that the classic thing
Starting point is 00:24:43 was a notable sportscaster doing play-by-play and then maybe a retired player or someone who's incredibly respected in the game doing side-by-side color commentary. Well Portland has actually put a stats guy there and what they're doing is they're putting small stats things out there that appeal to the younger audience? It's more likely to play fantasy sports. And they are the first NBA team that part of their broadcast team as they do OTT is like a side-by-side stats guy. So not only do you see it going away from main street, the ballie sports is just, you know,
Starting point is 00:25:20 the mother of invention is crisis. And the ballie sports crisis is giving opportunity for Phoenix sons into a their way. And what the Portland Trailblazers are doing with their, with their, with their stats guy. And I think how it's being broadcast is changing as well as where it's being consumed. I'm, I'm actually a little disappointed myself that when you said what they're,
Starting point is 00:25:39 what they're doing, you know, what's changing this. And you said sports. Because I'm that guy. I don't have cable. I haven't had cable in years. I do, I watch everything on YouTube, but I do want to watch Miami Heat go to the NBA finals when they beat the Celtics eventually.
Starting point is 00:25:55 And I've done exactly that. I pay for YouTube TV and I figure out ways to basically maneuver the system just to watch the Heat Game. But I refuse to pay $9.99 a month for basically stuff that I don't watch. And I do believe that the NBA is a good product these days despite everything that happened in the bubble. I disagree with Ty. By the way, I think it's going to be a better product when LeBron retires and when LeBron, Carmelo, Chris Paul, when these guys retire, I think the new age players I like more than this woke age of players that kind of messed up the game a little bit. And you know, Guy as big as him has become the greatest flopper of all time. I made a recommendation the other day for master class to hire a bar, give a few million dollars to teach a course on flopping. I actually think it would
Starting point is 00:26:36 do very good with a new age people, but that's a completely different conversation. Next, Daily Wire, okay, who is growing month and month out, will stream all shows on Twitter is what they're saying. This is a Hill story. The Daily Wire Prominent Right Link Media Company will stream all of its shows on Twitter starting May 30th. Aiming to expand its audience according to Daily Wire's CEO, Co-CEO, Jeremy Boring,
Starting point is 00:27:00 the overwhelming amount of positive feedback from our advertisers and audience signals. Tremendous opportunity to move comes as conservative media personalities increasingly. Turn to Twitter, seeing that it is the platform that refuses to engage in content censorship. Based on politics, former Fox News host Tucker Carlson announced, bringing his program to Twitter and Florida, Governor Ron DeSantis plans to formally announce, obviously we know that the daily wire, a content featuring fire breathing conservative commentary covers politics pop culture entertainment math wall Japan Lee who on his YouTube channel was saying he was making around a hundred thousand dollars a month and he had something that he put about the trans
Starting point is 00:27:36 or the drag shows he was going against it he got a strike and he says you know what if this is what you guys are doing we're moving away from it so what are your thoughts about daily wire choosing to take all of their talents big Big names, Shapiro, Peterson, Candace Owens, Matt Walsh, you got a lot of good guys there, to Twitter. Huge, massive, look, it cannot be overstated the importance of this move right now. And DW was ahead of the curve with a lot of this stuff because they started doing, you know, their full video podcast and And you're gonna talk about daily wire. For me, it's somebody that is sort of, you know, looking at venture into the video podcast space.
Starting point is 00:28:09 Now, I look at a Candace Owens podcast, it's like, this is what a video podcast should look like. This is what it should be. This person is on point. She looks fantastic every day. It's culturally relevant. It is all of these different things. So when you take these things and put them on Twitter as the full video element, what this is saying is that
Starting point is 00:28:29 Twitter and Elon Musk's moves. Remember the new CEO of Twitter, Linda Yaccarino, what did she do before that? She was head of ad sales at NBC Universal. They are turning Twitter into a hub for video content and they have not even started to talk about how they're gonna be monetizing that yet outside of subscriptions. And so this is what I say, and I was saying it one of your guys before you came to the podcast.
Starting point is 00:28:51 On Twitter, it is not going to be enough to just say shit in order to get a following at this point nowadays, like maybe you could have before, maybe a little bit right now, yeah, you can just hop on Twitter and start saying things. This is going to become a platform for high quality video content, for people that know how
Starting point is 00:29:09 to articulate themselves on camera, for people that know how to put that video content out there. And we talk about the decline of cable news. And we talk about the fact that Matt Walsh cannot say factual things about quote unquote transgender youth on YouTube without getting completely demonetized on YouTube, Twitter is the new platform. So they're ahead of the curve. They were ahead of the curve two years ago when they started creating and producing these
Starting point is 00:29:31 podcasts. I did Candace's podcast a couple of times back when they were doing sort of like the panel format and then they kind of switched it to where it's just her and I think that that format works a lot better. I think it's a lot stronger, but I think this is the size of a movement move. Tom. I think, and I just looked up something here, I want to grab a couple dates.
Starting point is 00:29:50 I think the move of her going to Twitter is as big as when Cheryl Sandberg went to Facebook. Cheryl Sandberg is not credited with making Facebook ad business. She's credited with making Facebook ad business. She is credited with making Facebook profitable. It was unprofitable until she got there and she put the ad business and the associated monetization programs in place.
Starting point is 00:30:16 And she did so without diving in and changing what was on Facebook. The product guys were, excuse me, the product individuals were responsible for that. It led by Zach himself. And I think that that's what's going on here. I think that she's looked at it. This is how they're gonna monetize it.
Starting point is 00:30:36 And that Elon Musk knows what he wants to do with the product. He knows what he's adding to the product. And I think he's been pretty sensible about it. So I think this is as big as Cheryl Sandberg going to Facebook in 2008. She made the company profitable in short order, and then they put her on the board of directors in 2012. Well, let me just give Kudos to you, because it's bleeds right into the previous story, which is speaking of Metta, Facebook, Twitter, everything they
Starting point is 00:31:05 were talking about, Linda Yaccarino and Cheryl Sandberg. The story from Fox Business is reports of Instagram making Twitter competitor, prompts comment from Linda Yaccarino. You've said you've been very critical of Facebook, or basically all they do is just copy what their competitor is doing, or by their competitor, and they just make something different or improve upon it. And that's essentially what Instagram, they're like, holy shit,
Starting point is 00:31:28 Elon's onto something, Linda Yaccharino, the new CEOs onto something. We're just gonna follow on their footsteps, which basically bleeds into the previous story. Cable news is dying, everything's going on to digital media these days, everything's going on to YouTube, Facebook, Meta. It's like the writings on the wall.
Starting point is 00:31:44 And Elon Musk is essentially leading the charger. It's been there. Let me make a point about Facebook. I think that a lot of people Facebook is seeing a stodgy and old and irrelevant whatever. So I've got about closing up 500,000 followers on Facebook. I do videos on Facebook every single day. The ad revenue that you can make as an individual solo creator
Starting point is 00:32:03 from Facebook videos, people have no idea. All right, people have no idea. And the reason that I'm so excited about Twitter as a creator, because if I keep you making those Facebook numbers, as myself, me personally as a creator, if I've been making those numbers on Twitter, game on. Without risk.
Starting point is 00:32:20 Without risk. Without risk. Without risk. Without risking, yes, that's a good point, because there are certain things that I cannot say on Facebook. There are certain topics that I cannot go into on Facebook, but it's a huge deal. Linda, your carino game on everything we need to know about Instagrams Twitter clone do this summer. I love that. This is great. Just game on.
Starting point is 00:32:39 I love that answer. Competition. Yeah, I love that answer she gives right there. Okay, so next story we can go to, let me see what story I'm going to go into here. Let's do Tucker Carlson, sends legal threat to pack urging him to run for president. It's kind of interesting move here by his lawyers. So Tucker Carlson's lawyer, Harmeet Dillon, has issued a legal threat to the draft Tucker PAC stating that Carlson will not run for president
Starting point is 00:33:12 in 2020 on any circumstances. Dillon warned the group to seize its effort and vow to use legal means to protect Carlson's rights and supporters. The draft Tucker PAC released a video and add urging Tucker to run for president, praising his ability to combat leftists in both parties, parties and comparing him to the late Rush Limbaugh. Dylan responded on Twitter, declaring that the pack was unauthorized and criticizing
Starting point is 00:33:35 Newsmax for airing the ad. She warned donors about being deceived and urged them not to contribute to the pack. This pack is unauthorized, fruitless, to contribute getting ripped off. They owe their viewers better than this wrap. Look, it's a scam pack. And obviously it's a scam pack. And in Harmeet, nose, the Harmeet is a deeply, deeply intelligent woman.
Starting point is 00:33:56 So she knows what's going on here. And what a lot of people don't understand about the political world is like, number one, it's full of grifters. And it's full of people that are running hustles and running grifts. And so you got a bunch of people, probably nobody knows who is behind this scam pack,
Starting point is 00:34:10 but a bunch of people that had enough money to put together to, you know, renounce on Newsmax, and they're basically saying, we're gonna use Tucker's name and we're gonna bring in all of this money. Nobody knows who these people are, nobody knows where this money is going, whatever. It's a scam.
Starting point is 00:34:23 Harmeet saw it, Tucker saw it, and they're like, they want to put it into it. And is this normal? Is this common? This has happened. Oh my gosh. In the swamp. Oh my goodness. Are they trying to, is this an organization that sincerely wants to help Tucker run or
Starting point is 00:34:38 no, they're just trying to make some money? I believe that these people are trying to make money and they're trying to use the biggest name in our space, probably one of the biggest names in America to do it. This is what Sebastian Gorko was talking about yesterday with Trump and how basically the parasites, basically, black had them, and just trying to siphon off money from Trump world.
Starting point is 00:34:56 They are political consultants, and if it's an even year, even number year, they make even more money. Yep. Good one, that's how it works. And they make money whether or not their candidates win or lose. They do. People do not understand about the swamp.
Starting point is 00:35:08 Like the pollsters. I don't have to be right. Yeah, they don't have to be. I just have to be retained. Yeah. These people are scammers, they're grifters. The swamp is full of these people, and they will take a big name,
Starting point is 00:35:21 and they will use that name to make money. Because the, and this is what I don't like about this entire situation, is that they literally they underestimate the intelligence of the audience, of the magabase of whatever. And in their minds, in the minds of some of these scammers, the magabase is a bunch of rubs to be grifted. Interesting. All right. Well, I can tell you there's a lot of people that would like to see the guy run, but I know
Starting point is 00:35:48 that's not what he wants to do. He wants a different life. If he did, I think he's got a big follow. I actually think he would bump into the number two spot overnight. I think he's that powerful of a guy, and likable because remember, the keyword is what? Winning you win the people, you win your freedom, he's one people. He's one people. It's the hardest thing to do. Okay, next story, China Taiwan tensions could grip
Starting point is 00:36:09 2024 elections as Musk Buffett and Dalio sounds along this as a CNBC story, influential business leaders, such as Elon Musk Buffett and Dalio raising concerns about the escalating tensions between US and China, over time on with implications for 2024 election, Musk emphasizes the inevitability of the situation and its adverse impact on global companies while Buffett has divested from Taiwan's
Starting point is 00:36:30 semiconductor manufacturing companies due to geopolitical concerns, Dalio warns of the risk of a warlike scenario between the two superpowers. The issue of Taiwan is becoming a focal point in the political landscape with Republican contenders like Rondes Santos, Glenn Youngkin, and John Bolton highlighting the need
Starting point is 00:36:47 to deter a potential Chinese invasion of the island. Lawmakers are introducing legislation to counter China's growing influence. The 2024 election cycle is expected to bring increased anti-Chinese rhetoric and a focus on addressing China's actions, Tom. Well, what's really interesting is, you've been listening to this podcast long enough. You knew that a year ago we called this.
Starting point is 00:37:08 We said that what was going on in Taiwan was about global market share of chips and to influence chips and to put spyware on chips. That's what this is about. This is not about we want to write the wrong because we sent Chiang Kai-shek to the Isle of Formosa, later named Taiwan, and we want to get our property back. That is the political spin, and that's part of the spin that comes out of the people's Republic of China government. If you take a look at this chart,
Starting point is 00:37:35 we showed this before, and it hasn't changed. This is the market share of advanced semiconductor manufacturing in the world, the world. Look at Taiwan and look at South Korea, Samsung. That is almost 80% of the world. And we've seen announcements coming up because people are waking up to this and realize it's not about China taking back Taiwan
Starting point is 00:37:56 because it's their beloved island in homeland. They want the chips. And so when China, you saw that, we covered on podcasts about three weeks ago, right? Apple made an announcement. They were making a deal with India to manufacture iPhones in India. Now Apple's announcing they want to make a deal with Broadcom to get chips. You also see that now Buffett divested himself the TSMC. there it is right there tywan semiconductor manufacturing company buffett was an investor in the largest chip maker in the world he is pulled back why it's risk
Starting point is 00:38:32 it's full risk that's what's going on here and in the election year this is a business story this is a foreign policy story and this is an inflation story because what's about to happen. And you see challenges that US companies were having getting permits to build, what's called a fab. It's a chip fab when you hear that in local news, that's a factory.
Starting point is 00:38:55 So if you hear a chip fab's coming to town, that's good. That's usually a lot of jobs making chips here in the United States. But that's what's going on in Taiwan. Everybody is woken up to something that we were saying here on the podcast a year ago and now you even see Apple who's cozy with China saying, yeah, I need manufacturing in India.
Starting point is 00:39:13 I need chips made elsewhere because they're all starting to sweat. I'll just add to this, you know, part of the listeners or everyone that shout out to the value-tainers that listen to what we talk about here. If there's one thing I've learned since being a part of the P.B.D. podcast for three years, is just, can't understate the situation that's going on with China. Okay, so yesterday you did a poll, major concerns, what should campaigns be about?
Starting point is 00:39:43 You put Ukraine, you put Epstein, I think that was the whole thing. You know, immigration, healthcare, everyone can give their top five. Here's what I will tell you, and I'll speak in very plain language. Whatever candidate puts China relations in a top five scenario, that is exactly where I'm going to be gravitating my vote for because it does not get spoken about I know Trump did China and everything that happened with that, but it's such an important situation that's going on in international relations with China. And it can't be understated. But also international relations as well, but also just in the amount of massive influence
Starting point is 00:40:25 that China has over our culture, over our entertainment industry, over our business sector, all of that other stuff. And making our medicine, making our medicine, all of these things. Giving us COVID?
Starting point is 00:40:36 Yeah, the fentanyl that's coming into this country from China, I like all of that stuff. And even thinking about TikTok, right? And I'm not necessarily in the band TikTok thing, but you have to think about what are these images that are being put through this platform and that are being disseminated to the youth of our country, okay, divisive stuff.
Starting point is 00:40:54 You got people dying in TikTok challenges, all of this other stuff. This is literally cultural and psychological warfare to the level to which we've never seen before. And nobody wants to talk about this stuff, least of all, a lot of these politicians who are in some way owned by China. I do believe personally, I don't know if I'm
Starting point is 00:41:12 being in trouble for saying this, I believe that Biden is in some way compromised by China. Something on that laptop, like something that is going on, they've got something on this guy, okay? And if we don't have politicians that are willing to stand up, people that want to lead this country, people that want to lead America into the revival that this country needs,
Starting point is 00:41:30 if they're not going to stand up to China, if they're not going to stand up as they're talking about this, I don't want to hear anything they have to say. So I'm with you on that. I think a lot of people are there with you. Matter of fact, talking about Biden, Hillary Clinton says, Biden's age is a legitimate issue. People have every right to consider it is what she said.
Starting point is 00:41:45 During an interview at the Financial Times weekend, Facebook Clinton addressed Biden's stumble. At the G7 summit, saying every time that happens, your heart is in your mouth because these things could be consequential, is that a concern? It's a concern for everyone. While other Democrats have dismissed age-related concerns, Clinton expresses
Starting point is 00:42:05 her belief that Biden can be reelected, stating, I obviously hope he stays very focused and able to compete in the election because I think he can be reelected, and that's what we should all hope for. Then Joe Biden peddles his worst lie in front of US Marines during Japan, which this is, this is just uncomfortable, it's awkward, it doesn't make any sense to make this kind of a blunder. During his trip in Japan, President Joe Biden falsely claimed my son was a major in the US army. We lost him in Iraq, referring to his son Bo's death.
Starting point is 00:42:40 However, Bo died of brain cancer. In America, Biden has repeatedly made this false statement to portray himself as a gold star parent and score political points. The president's erroneous remark occurred during an informal visit with troops at Marine Corps, Air Station Awakuni. The traveling press corps was kept at a distance and the White House did not release an official transcript potentially allowing the error to go unnoticed by the public. The fabrication has been previously called out,
Starting point is 00:43:12 including by the New York Times, Biden's false claim diminishes the sacrifices of those who died in combat and is seen as shameless and disrespectful, equating his son's death from cancer with the deaths of soldiers in Iraq and Afghanistan is deeply problematic. It's the same old clip. Do you have the clip? Yes, go for it.
Starting point is 00:43:31 I'm son, major, Mr. Army, I'm watching the Iraq. Thank you, Mr. Army, I'm from Parnspar, thank you all. All of our country, thank you, thank you, thank you, thank you. I need to be dead, no, that's just, that's the, Tristan. Thank you, thank you, thank you, thank you. I need to be that guy. That's just, that's the, go ahead. Chainful, infuriating. I'm a veteran, you're a veteran as well. And look, with this speaks to his fact,
Starting point is 00:43:55 this is somebody that's obviously a mental decline. If you watch Joe Biden, if you watch his action, you see him sumbling up these steps, you see him tripping over the teleprompter, if you see him telling these outright lies, this is somebody that needs to be sitting down on an rocking chair on a porch right now playing with his grank. Is this not somebody that needs to be the leader
Starting point is 00:44:11 of the free world? But here's the thing, he has given a pass on this over and over and over again, because when he lies, who's gonna point it out? Conservative media, the New York Post, et cetera, et cetera. And mainstream media is just going to pretend that this doesn't happen. They're just going to, you know, just, just sweep it under the rug. And I want to get back to one thing about Hillary Clinton
Starting point is 00:44:31 making the remark about Biden's age. And this is going to be an unpopular opinion. I love Hillary Clinton. I'm obsessed with her. She is so evil. She is so unbelievably evil. She is my favorite supervillain. She's like Thanos in the Avengers. Like this is why I love Hillary Clinton so much because she is just so fundamentally evil. And what you have to understand about a supervillain that is as fundamentally evil as Hillary Clinton is, that there is not a word that comes out of her mouth
Starting point is 00:45:00 that does not have a political motive behind it. She knew exactly what she was saying right there. She knew that these remarks were gonna go viral and there is a point. There is a reason behind her talking about Biden's mental decline and his cognitive decline and all of this other stuff. Does that mean that she's trying to get in, I don't put anything past Hillary Clinton at this point?
Starting point is 00:45:22 Does this mean that they're trying to get somebody to run against Biden? Who knows? But the blood is in the water. Hillary Clinton, that villain, that evil human being right there saying this, there's some political motivations. No doubt that she has an agenda every time she speaks. Can we play this clip, Rob? Yeah, it's like, is she running or is she still pissed at him? That's what I was thinking when I heard it. Can you raise the audio? They're whispering. It's really that low.
Starting point is 00:46:05 Well, I mean, it's a concern for anyone. And we've had presidents who've fallen before, who were a lot younger, and people didn't go into, you know, heart palpitations. But his age is an issue, and people have every right to consider it. But, you know, he has this great saying, and, you know, I think he's right. You know, you know, don't judge him by running against the Almighty, but against the alternative.
Starting point is 00:46:25 And I am, you know, of the camp that I think, you know, he's determined to run. He has a good record that three years ago, people would not have predicted what have gotten done. He doesn't get the credit yet that he deserves. That is what is happening out in the country. By the way, you know, but people call a lot of people as a greatest poker players of all time. Is there a better poker player than her? She's got a two in a 10 and she'll look at you as if she's got pocket aces.
Starting point is 00:46:56 There's not a better person in the game than Hillary Clinton. She may be the greatest poker player of all time. Look guys, this is what I, this is what I killed. She is the school positive. This is what I tell my player of all time. Look guys, this is what I, this is what I skilled, she is the skill positive. She is. This is what I tell my audience all the time. I have a problem at account there. I say this all the time,
Starting point is 00:47:11 these people think that you are stupid. These people think that you're dumb. These people think that you do not know facts. These people think that you will believe everything that they tell you. So when Hillary Clinton sits on that stage and she talks about Biden having a good record, the expectation is that the people that are watching her are dumb enough to believe everything that she says.
Starting point is 00:47:32 She by the way, I wonder if it's comedy, I wonder if she thinks people are dumb and I wonder if people actually buy what she has to say. Next story here, reparations fight growers as some cities push million dollar payments to black Americans are civic obligation. And so the battle of reparations intensifying the United States. This is a fox on the story with discussions at the local, state and federal levels, considering million dollar payments to black Americans. Representative Cory Bush and progressive lawmakers have introduced the reparations now of resolution, calling for $14 billion reparations,
Starting point is 00:48:07 citing a moral and legal obligation to address the impact of slavery on black lives. Reparations initiatives have emerged at the municipal and state levels with proposals for direct payments and assistant programs. The California reparations tax force recommended $1.2 million payment to eligible black residents while evenston, even stint Illinois,
Starting point is 00:48:25 Evanston Illinois approved a plan to provide $25,000 for home repairs or down payments to qualify black residents, critics argue that reparations should not be pursued and that they divert attention from addressing critical issues in black communities. What are your thoughts on this? Look, there's a lot of thoughts. Number one, no greater than Bayard Rustin,
Starting point is 00:48:44 who is a legendary icon of the civil rights movement. He's one of the ones that co-founded that co-organized the Marchion Washington. And this is Bayard Rustin said this in the 60s. And he said that his father was not a slave, nor was his grandfather, something like that. So in his mind, reparations was a silly conversation that we need to move forward from that.
Starting point is 00:49:03 And so look, you have to understand that this is how the left, this is what the left does and this is what Democrats do when they're trying to appeal to black Americans. They have nothing substantial to offer black Americans in terms of policies. They know that their policies are actually detrimental to the lives of African Americans. So what do they do? Every election year comes up, here's the handout, here's some reparations, here's this, here's that. I don't know how long people are gonna fall for it. Look, when I came out as conservative five years ago
Starting point is 00:49:31 and you saw the vice video and all that stuff and I was like, you know, right, like, you know, black people, like, we gotta wake up all of that and this is like, five years later, I do not know because they somehow continue to keep falling for this, right? And if they continue to keep falling for this stuff right? And if they continue to keep falling for this stuff, the Democrats are going to continue to keep pushing it. And one more point that I'll make about quote unquote reparations is that we have seen
Starting point is 00:49:52 billions of dollars that the federal government has given in terms of programs to help advance African Americans in terms of welfare stuff, in terms of all of this other stuff. And what has that really done? All right? It hasn't really done a whole hell of a lot to benefit lower income black communities across the country. And the issue that these communities face is, again, not a political issue, it is a cultural issue.
Starting point is 00:50:18 I was the great Alan West. I was watching one of his videos from my Facebook page yesterday and he made this, he basically was debating what this college left this and he basically said, the fundamental problems in the African-American community are not going to be solved by the government. They're going to be solved by the family structure. Why are there no men in the house? Where are the family structure? And the federal government has de-incentivized fathers in the household for the better part of the past 40, 50, 60 years.
Starting point is 00:50:47 Until you fix that, all of these problems are never going to get fixed. But Democrats don't want to fix the problem. They want to pretend that they fix the problems, and they want to basically buy black votes. And that was me off. You know what? I'm going to follow that up with some facts here. And also, we need to look no further than our vice president who was a proponent of the California three strikes laws, and it was three strikes and then you spend your life in prison.
Starting point is 00:51:10 So if you're a third conviction in your life in prison, but drug distribution convictions counted as a full strike. So an 18-year-old individual cells, two ounces of marijuana before it's legal, that's a strike. And it was Kamala Harris that pushed that in California, and it disproportionately, you know, imprisoned for those relatively minor drug distribution offenses. I'm talking about fentanyl. I'm talking about pot, talking about pot. Tom at marijuana grass. And she put an enormous amount of men of color in the California state prisons. Yeah, Kamala the cop. Kamala the exist. That's it. You ever see those memes? It was like Kamala Harris and the Kamala the cop. Yep. Well, let me ask you. I feel like you're a good person to ask about this.
Starting point is 00:52:06 I'm actually here representing all by people. Of course, that's why I'm usually as a representative. That's exactly why I'm asking this question. The, I'll be a winner. They're talking about $14 trillion in reparations, okay? What's our GDP? 22 trillion, so we're talking almost two thirds of our US economy GDP going towards reparations.
Starting point is 00:52:29 Yeah. And also dummies. Where is the money coming from? Yeah. I don't want to go math here. I'm not trying to go, you know, identity politics. I'm not trying to call anybody names here. I want to understand, where is this money actually coming from? Is he California in San Francisco? I didn't dodge it, go there recently. They're talking about giving people five million dollar checks. How is this being funded? Fundamentally, they wanted to come from the tax dollars,
Starting point is 00:52:57 and here's the thing, like if you... We got a fucking debt ceiling. We can barely pay our own freaking bills. Of course, but the state's going to do it. So, we're trillion dollars a month. So, where is state's going to do it. So $3 trillion of debt. So where is this money coming from? Yeah. So I want you to understand.
Starting point is 00:53:08 I want you to understand. Just a small thank you over here. They'll try to come up with some trillions. I want you to understand the reasoning behind what they do it and how this also ties into the sort of the anti-capitalism, anti-millionaire, billionaire rhetoric that they also try to push to left this. Okay. So on one hand, they're gonna say,
Starting point is 00:53:25 you are entitled to reparations because you're so black and you're so oppressed and the legacy of slavery and the trauma and all that other stuff. And you're entitled to this money. You are not meant to think where the money is supposed to come from. Okay, it's obviously gonna come from taxpayer dollars. It's obviously gonna come from the federal government, right?
Starting point is 00:53:41 But if you have a group of people that are so anti-capitalist, anti-millionaire, anti-billionaire, whatever, they're never really good. They're not thinking about tax. My ex-best friend was a total Bernie Sanders leftist. He was perfectly thrilled to just take taxpayer money. These are not the people that are gonna be paying for that stuff, right? And so fundamentally, if you get these people
Starting point is 00:54:03 to hate capitalism, hate millionaires, hate billionaires, and then say there's all this free money that's gonna be coming to you because you're such a victim and vote for us and we'll do it, of course it's gonna be tax dollars, but they're not thinking about the fact that this is literally their own money that they're going to be getting back.
Starting point is 00:54:18 I think they have to be very careful with this because do you know, when you look at numbers like this, do you know who the first slave owner was in America? Do you know the first ever slave owner in America? Do you actually know this? It was a black man. It was a black man. It was Anthony Johnson.
Starting point is 00:54:36 If you just type in first Anthony Johnson, was the first slave owner in America. So this is kind of, when you go through the stats and you go through stories and you go through what happened and you go through the moment with Don Lemon that he brought that one lady on and he's asking about what do you think about reparations. Yeah, we should go back to the Africans who are the original, you know, slave owners. Yeah, we really need to look into this. You know, we really need to look into this. You know, when you do things like this, it's a travesty, what happened in slavery?
Starting point is 00:55:07 Listen, man, I'm Armenian. Armenian genocide. I'm half a Syrian. A Syrian genocide, Greeks. What the Turks did to them. It's catastrophic. It's terrible what happened to those folks. Terrible what happened to...
Starting point is 00:55:20 The Holocaust. Holocaust. So, Slim, nobody's sitting here saying any of that stuff. But I think the way this is going about is another thing to run for election. And I think it may get a lot of people's attention to say, can we win some more African-American votes? But what you pointed out earlier is the gay vote you were saying, 70%, 30% voted for Trump in 2016 or 2020. It was, I think those numbers came out in 2020. 2020, when you think about that.
Starting point is 00:55:50 And then the African-American vote, for the longest time, Democrats have had 92% of the votes since 1964, and it's gone to 88%, 84%. So it's kind of going in a different direction to say, like, I don't know what the Democrats have done for me. Nothing's really changed in my life when I look back. You just make my, the top 20, 30 cities in crime in America, 27 are driven by Democrats.
Starting point is 00:56:13 So this NAACP is sitting there saying, hey, you should not go to Florida. Great, that's great. Why don't you talk? So you want people to go to the top 20, 30 cities where 27 are Democrats and they're not safe. They can say these things, but the opposition argument is going to be very easy to come back to this. I want to go to this other story. Rob, can you pull
Starting point is 00:56:31 up the story of what happened in Iran, okay? This is going to sound like it's out of a movie, it's not. This is not out of a movie. I'll send a link to you on what just happened in Iran. And if you read this, you're almost going to say, yeah, I don't know if this is true. Iran has hanged three people on drug charges and it continues, continued criticism of its execution practices, increased death penalty sentences. The three men identified as Shahab, Mansur, Nasab, Samad, Jairvant, and Said, Jairvant were hanged after more than 39 kilograms of heroin. They're saying that's what the reason was. Precurses and processing equipment were confiscated with them.
Starting point is 00:57:19 Judiciary website said on Sunday. Now that's the story you're reading. I'll give you another story for you to read, Rob, is this one about to send to you? These guys that just went through this, they were anti-government protest, they were not supporting what they're doing in Iran today, and they spoke out about it. If you can pull up the link, I just sent you. And Iran sits there and says, yeah, this is kind of, we got to make a statement too. So Iran executes three men accused over anti-government protests. Iran has executed three men.
Starting point is 00:57:55 They said it was implicit in their deaths of three members of security forces during anti-government protests, drawn condemnation from rights groups and the EU, and risking further international isolation. So, that story you pull up was a different story than this one here, Rob. These are two different stories. Saleh Mirashemi, Magi Khlasemi, Zaid Yaqobi were killed on Friday morning. The Tastim Agency reported, crowds had gathered outside the prison where they were being held on Thursday night as rumors are their imminent execution grew.
Starting point is 00:58:25 Cultural figures inside and outside Iran, as well as family members, had steeped, had stepped up a campaign over the past weekend to halt the executions on the grounds that Iranian authorities had failed to produce definitive evidence of the men responsibly for the deaths of two members of Basiege, parliamentary force, and law enforcement officers on 16 November. So it goes and goes, tell them these different stories. Go on Twitter now to see what's trending right now. Go on Twitter to see what's trending right now. Go to Twitter and see on the right what's trending.
Starting point is 00:58:54 King, if you go to more of them to show, one of them should be King Resopalavi, is trending 16, 17,000 on my screen. It shows as number three. If you're typing King Resaupalavi, you make it have a hard time spelling that. Here's what's going on with Iran. When events like this happen, Iran just a year ago,
Starting point is 00:59:15 they had so much momentum, so much momentum what was going on. You're seeing Resaupalavi, the son of King Resaupalavi, the gentleman right there, you know, have at multiple meetings together, had multiple conversations together, people in Iran are starting to worry about what's gonna happen, and he is all over the place right now,
Starting point is 00:59:33 talking about the fact that this is an opportunity for Iran to be free. We can live in a country like America for people that complain about America. It was the last time you went outside and you say, you know what, they're hanging three different people today outside of DC. Yeah, you know what happened. These guys talked against the president and they're hanging out.
Starting point is 00:59:49 What? You're serious? That would never have. I just had a movie. No, that actually just happened in Iran. Those types of things are still happening in countries like Iran and it's such a weird position for them to be in, because on one end, parents want to see Iran be free again,
Starting point is 01:00:09 but the fear of getting their kids to be motivated by this, and they go out there and all of a sudden, like, man, I lost my son. The parent doesn't want to experience risk and something like that. So you can encourage them and say, look, keep fighting. I was like, you're not even in here to know how ugly it is. What do you mean keep fighting?
Starting point is 01:00:26 It is a decision they need to be making. But one of my dreams is to one day take my kids to Iran to Qiyabana Hojjat and show them where their father was raised and I lived there 10 years and how the history of this empire that they went from being where they were out to do. King, building Iran into a place where women finally had a voice. But it'll be interesting to see what happens here. I like seeing him all over the place. The sun talking about this,
Starting point is 01:00:49 there's more and more momentum going on there. But this was a tragic event that just took place in Iran this week. And this is amazing perspective. Something that really clicked for me is when you shared the story when you first came into America and your mom was watching just regular news and the commentator was saying something negative about her president and what was her reaction? She says poor guy, they're going to kill him tomorrow. Because that's normal in Iran, you don't talk against
Starting point is 01:01:18 presidents, that's just not something you do in Iran. You don't do that. In America, it's normal. In America, it's a business model. Like we're doing it today. Last two hours, this is what we've been doing, though You don't do that. In America, it's normal. In America, it's a business model. Like, we're doing it today. Last two hours, this is what we've been doing. I'd be homeless. Yeah, otherwise.
Starting point is 01:01:30 You wouldn't be homeless, maybe five of us outside today. So it's like, hey, Rob's gonna say, look, I'm just working here, man, I wasn't doing anything. I'm just having my drink and enjoying it. But it be me, Adam, Rob and Tom, outside of it, I take my statement being made, talk about us one more time. That would be the case in Iran.
Starting point is 01:01:44 Okay, so I'll wrap up with the story from Wall Street Journal, get a couple of commentary and wrap this up. Does God exist? Only half of Americans say a definite yes. This is a story on page 18 if you wanna go to it. So only 50% of Americans are certain about the existence of God according to the General Social Survey.
Starting point is 01:02:03 This marks a decline from 60 percent over 60 percent in 2008. Indicating a shift in religious beliefs, the survey also reveals that 34 percent Americans never attend church. The highest figure recorded in five decades, additionally, the number of Americans claiming no religion has increased from 27 percent in 2022 up from 19% in 2012, while religious affiliation and church attendance continue to decline, belief in some form of higher power remains prevalent, nearly three quarters of Americans believe in life after death,
Starting point is 01:02:37 and only seven percent of population identifies, as atheists, despite these trends, the United States remains relatively religious compared to other countries. So now, here's so wild about this. Half of America, more than half of America believe the Russia collusion was a real deal. So they're willing to believe a fake narrative like that
Starting point is 01:02:58 for three years and then Durham comes on and points it up but they have a hard time believing in God. But I have to see it. Because I have to see it to believe that there's a God. Dude, you never saw anything about Russia, but you believe, believe in Russia, Galugian. When you have to see it, no, but you know what, there was a little bit of Russian stuff going on. No, there was nothing going on.
Starting point is 01:03:13 It was just something that you believed in. So, the second concern here is the following. You know, you know who historically governments and establishments always feared, who they've feared, they've always feared men and women who believed in a higher power above the government, above the establishment. The establishment doesn't like that, because the establishment secretly, their desire is to be God.
Starting point is 01:03:42 Their dream is to be God, their dream is to be God. Their dream is to be fear. They dream is their jealous. You know, it says God is jealous. The establishment is way more jealous than God is. They want all the attention. They want all the control. They want all the limelight. The difference between a relationship with a God where it's free will, you and I get to
Starting point is 01:04:00 make some dumb choices and we do on a daily basis. And we go through that and we pay the price for it. The establishment doesn't want to give you the free will. The establishment wants you to do what they want you to do. They want to control you. So, you know, for me, there's a part of this that for some people that are listening to this, everybody falls into one of three categories.
Starting point is 01:04:20 You're either part of the oblivious camp, which is a big percentage, let's say 80% is the oblivious camp. What is the oblivious camp? Man, I don't have time to pay. I don't really have an influence. You think I vote really counts. I just want to have my beer and watch a football game. And you know what?
Starting point is 01:04:34 I don't even know what's going on with Bud Light. I'll go to Cores and Heineken. I don't know what's going on. The oblivious crowd. Okay. Number two is the anti-establishment crowd. The anti-establishment crowd. Historically, who is in that camp? Let's give some names. Andrew Jackson, anti-establishment crowd. The anti-establishment crowd, historically, who is in that camp?
Starting point is 01:04:46 Let's give some names. Andrew Jackson, anti-establishment crowd. John F. Kennedy, the Kennedy's, anti-establishment crowd. Ronald Reagan, anti-establishment crowd. Ross Perot, anti-establishment crowd. Trump, anti-establishment crowd. Bernie Sanders, anti-establishment crowd until he caved. Elon Musk, anti-establishment crowd.
Starting point is 01:05:04 I can go on and on, give you so many different names ronno raging out of all the money that was spent in his campaign he spent nine point six percent of his own money to put into it trump was seventy two percent rass pro was ninety seven percent didn't take any money from anybody when kennedy was running his father said i will use one hundred percent of my life savings to make sure my son ends up becoming a president.
Starting point is 01:05:26 He only ended up using 50% of the entire campaign. I think it was like 25 million bucks at a time where Joseph Kennedy was worth $400 million in the 60s. So you look at some of these things and you look at Hillary Clinton. You know how much money she spent on her campaign? Zero of her own money.
Starting point is 01:05:40 You know how much Biden spent on the campaign? Nothing. They don't go and use their own money. They use money from other people. They're the establishment, they're controlled. You have to know the direction of fate. You may how much Biden spent on the campaign? Nothing. They don't go and use their own money. They use money from other people. They're the establishment. They're controlled. You have to know the direction of fate. You may say, Pat, what does this have to do with God? This is what it has to do with God. I'm a pretty paranoid guy. I'm a skeptical guy. This is what happens when you're Middle Eastern. You naturally have a hard time for the establishment. You naturally have a hard time for the establishment, you naturally have a hard time
Starting point is 01:06:06 with faith, church. I was an atheist for 25 years of my life, because I saw stuff in church and I didn't like it, and I saw stuff in the government, I didn't like it. I saw the gamesmanship, all this other stuff. Here's what I will tell you. The more your family and your kids don't believe in a higher power, they will replace that with another higher power.
Starting point is 01:06:28 And that higher power is you when you're alive, but when you die, that higher power could end up being the government when you're dead. I would much rather have my kids make the mistake of believing there's a God and when they die, they realize there isn't, then risk my kids, not believe in there's a God, and they make the government be in the God, and then risk being controlled and we die where like shoot, there was a God. The risk is better having faith in your life
Starting point is 01:06:52 because you don't fear powerful men. Men of faith don't fear the establishment. Men of faith don't fear dying because they believe there's afterlife. Men of faith speaking a complete different way than men of the establishment. If there's ever been a time, ever, I told you last night, what I tell you last night, at 10 o'clock at night, what I say to you last night. I said a lot, but a lot of time.
Starting point is 01:07:18 But the church part, what I say to you, go to temple, go to temple. Go to temple. I'm not even a Jew. I said go to the temple. You're a Mormon, you're not going to church, go to your church. You're Catholic, you're not go to church. Go to temple. I'm not even a Jew. I said, go to the temple. You're Mormon. You're not going to church. Go to your church. You're Catholic.
Starting point is 01:07:29 You're not going to go. You're Christian. You're not going to go. I don't care what it is. I will much rather have a person believe in a faith. This is not a faith debate. We need more people believing in God. This great nation of America, the miracle that it ended up becoming where so many of us
Starting point is 01:07:44 have won and gone the rewards of these men and women who sacrificed that came before us. These men and women casted a vision that the only thing that gave them the credit that this was possible that it can actually happen was God. And we wake up a 270 year old company called the United States of America. By the way, for a long time, it was a corporation. America was founded. As a federal corporation is what United States America's, you can look this up. This idea with these men and women that became what it is today and other countries that have been around a lot longer than we have, than we beat those guys?
Starting point is 01:08:26 Yeah, I don't think that happens without God. So if you believe in Russia, collusion for three years, you can definitely start believing in God. You don't have to have all the facts to want to believe in God. Your life's gonna be a lot better. You're gonna become a better parent, better leader, better spouse, better friend,
Starting point is 01:08:39 better in every possible way. Anyways, Tom, thoughts on this story here with Wall Street Journal. No, I think, and by the way, this is not a, this is not a, this is a hill story we're talking about here, right? This is a hill story. So what are your thoughts on this story? Well, I think America is still a place of faith when you compare all those stats to the rest of the world. America is still a place of faith. And I think that if all of us would turn to our faith tradition, I think we would be treating each other better. I think that we would be calling on the people we elect for higher standards of integrity or hell,
Starting point is 01:09:15 just to have a standard of integrity. And I can't agree with you any more stridently with what you just said and how you summed it up. That this is the time to lead your family, to leave your friends, to lead your community, and standards of faith integrity and character are found in faith in big stacks. Because faith can drive character, character drives people,
Starting point is 01:09:44 people then come together and form organizations called businesses, civic groups, friendships, communities. Final thoughts guys, before we wrap up here, Rob, it was great having you on the podcast here today. Gang, we're gonna put the website again here, stopwoke.com, stopwoke.com, go to it, we'll put the link in description chat,
Starting point is 01:10:04 comment section for you to go to it again, stopwoke.com, go to it, we'll put the link in description chat, comment section for you to go to it again, stopwoke.com. You can also follow, wrap all his social media platform links will be below. You can find him at wrapsmith. Is it online? Rapsmith online. Rapsmith online, is it the same as well on Instagram? It's the same everywhere.
Starting point is 01:10:20 Same everywhere. You're a perfect one. Wrapsmith online. I'm on a trip right now. I got to go to New York But you got what you got a podcast here this week. I've got a podcast tomorrow and then next Friday's the live event with fresh I'm right next Friday's a live event with fresh and fifth here. I think June 2nd From the second get your tickets down there's the night or Friday night Friday night Ladies party the craziness the arguments fights all that you like that kind of stuff, you don't want to miss this.
Starting point is 01:10:45 Go to 5990 live.com. I love it, Tom. And Monday is Memorial Day. We'll be enjoying a little bit of a picnic. And so I believe it'll be Tuesday afternoon at the Biz Doctor's. You're doing a sick night. Like literally an old-school picnic.
Starting point is 01:10:59 No, I think you just took me visually to play sitting in the grass with a picnic and you make a stand which is stuff like that. And aunts and Tom, I've got one wish for you on Memorial Day and it's exactly what Pat said. I want you to this weekend, I want you to be with your family and I want you to get your freak on. That's right. That's right. Rob, what's our next podcast?
Starting point is 01:11:17 I don't even know what our next podcast is. We'll be back next Tuesday. We'll be back next Tuesday. Fantastic. Have a great weekend everybody. Take care. Bye bye. be back next Tuesday fantastic. Have a great weekend everybody take care bye bye bye

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