PBD Podcast - San Francisco $5 Million Reparation Checks For Black Citizens | Ep. 248 | Part 2

Episode Date: March 17, 2023

In this episode, Patrick Bet-David and Home Team will discuss: San Francisco $5 million reparation checks for black citizens Whether Trump has a chance of presidency after Truth Social collapse Republicans calling out Ron DeSantis for his Ukraine comment Mark Zuckerberg plans to cut 10,000 jobs to improve productivity DeSantis seeking to revoke alcohol license for Miami Hyatt over drag event 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 Text: PODCAST to 310.340.1132 to get added to the distribution list --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

Do you have a vision with anarchy? I was just going to ask that question. What's your vision with anarchy? Like, in an ideal world. There's no ideal world. That's the problem. It's not a utopian system. What energy?

What's your vision with anarchy? My vision is a situation where more people are responsible for their own lives. Which we have today. I said more people. More people are responsible. I don't think we have that today at all. More people are responsible for their own lives. There's less of a reliance on corporate news sources. There's less respect for the university system. And there's an increasing amount of absolute

contempt, if not levels of hatred toward government and government officials. I think we have all of those that we're making progress on today. I don't agree. I would easily sell it to. I think Biden will go down in the history books at least out of all the presidents that we've had as the guy that drove more homeschooling than any other president. That's true. That's true. That's true. Then we're making progress. Well, that was Trump. That was COVID. It's not Trump. It's COVID. It was not either them. But it's it's COVID-Biden because of what's going on with, you know, pushing these education and even the

Sanctus, I would also say was the spokesperson to drive people to consider saying, I'm either going to do private school, I'm either going to leave the state or I'm going to do home schooling. I think it's a combination of COVID, Biden, the Sanctus together are driving it. So that's true. That's progress. Next one, the data that's coming out that says in K through 12 schools, 99% of health teachers gave money to the Democratic Party.

97% of English teachers gave money to a Democratic Party. And 87 out of 100 math and science teachers gave their money to Democratic Party. That means they got a monopoly on that mindset that they're teaching the kids. And for every 13 professor or 12 professor that's the Democrat, one of them is a Republican. So these numbers are coming out and people are saying, that's not cool, so you're either gonna create a university or I'm gonna do online schooling. I don't want my kids to go to college,

but I wanna send my kids to college. People are making decisions, we're making progress. Progress. And then social media, mainstream media, I think it's very obvious. Do you, can you realize Jeff Zucker got fired when? When did Jeff Zucker get fired? Less than a year ago. Now what's going on with Chris Lick, where he's at?

What's going on with Chris Lick? He's either just got fired or is about to get fired, right? Is he really? He's in a deep, you know, he's not in a good place. If you pull up, Chris Lick about to be fired. So mainstream media, when Russell Brand goes on Bill Mar, and annihilates an MSNBC guy to his face to the point where Bill Mar gets uncomfortable,

we're making a lot of progress. When a number one guy that's pushing back on mainstream media as a former UFC, not a UFC, former fighter and you know, actor, he fear factor shows and he's putting people in their place where they can't go around, you know, saying, hey, you better get vaccinated or else this and all of a sudden people are saying, why, I kind of like what he's talking about.

What is this about Ivermectin? I think the progress is being made. Does that mean that's, we're leaning towards anarchy? No, it just means we're making progress because if on a hundred different issues, if we were on a piece of paper, an anarchy, a libertarian, a capitalist, we may agree on 77 different things, or 78 different things, or 82 different things. And then you may disagree with you on four different things. You say, no, no, no, no, no, no, no, no, no, no, no, no,

you guys, there's, but you know what, there's a lot of things that we all want to see have progress happen, I think we're making it. Do we want to have a big government the way we do today? No. Do we want to see them printing money the way they're doing today? No. I think they're being exposed by both sides.

Does that give credibility to the anarchy argument? I don't know about that. I don't agree with most of what you just said, but let me break down a few points where I disagree with. First of all, I don't think this such a thing is big government. There's only government you approve of. Any government that is big enough to impose its will upon you will be regarded by you as a big government.

And if a government is so small that the Night Watchmen state where you could drown in a bathtub, then it's not in a position to impose any kind of weak law and order regardless. So there's no coherent argument for minorcaism number one. Second, I don't think it's at all accurate, and I'm friends with Joe, I've been on his show several times, to regard his amount of influence or amount how much he's trusted is in any way comparable to the New York Times or to someone who is a law professor at Yale. These are, to me, still, night and day. I don't think at all there is a view of both sides, if you mean like Republican and Democrat or liberal conservative, that they regard the state as a legitimate.

There is no incentive and no move in Washington. Let's just take from the conservative perspective to shrink the size of government by $1. You had Trump and two years of Republican Congressional majority. There wasn't even an attempt to abolish a single government agency, let alone to shrink the size of the government.

So this idea that if you want to be kind of have a libertarian perspective and say people are realizing government's too big, even if people are realizing this, there's dissentist in shrink the government at all. I think he grew it even faster than this predecessor. So in terms of, you know, 77 out of 100 things, if you and I both have the exact same vision of how sweet by what it would want to look like and you want to sell it and I want to move in, we do not have the same goal, even if we have the same vision. Yeah, but in your world, it's your way or the highway, Michael.

And that's very hard because the way you sell your ideas, our conversation started off when I asked you and you said, well, you know, my book is ranked number three on anarchism and I'm making progress. I'm making progress. On Amazon and you say, and I'm making progress. Great. All I'm saying is progress, progress.

I didn't say it's happening. I'm giving your point back to you. We're making progress. Joe is making progress. Joe is not New York Times. We all know how big New York Times is. It's massive. It's a behemoth. But we're making progress. Elon Musk buying Twitter. It's progress. All of these things are progress. We are making a lot of progress towards the concept of freedom of speech and people questioning things they didn't question before because we're all collectively getting smarter and saying

this shit just doesn't make sense. We're not getting smarter. We're getting more informed. I'm gonna be pedantic and because that's important because I don't think people are necessarily getting smarter and saying, this shit just doesn't make sense. We're not getting smarter, we're getting more informed. I'm going to be pedantic and because that's important, because I don't think people necessarily get smarter, but we have more access to information that is crucial. And that's what brought down the Soviet Union. But again, I think you're kind of mixing up several things. You asked me earlier why, you know, anarchism. I'm not mixing up anything.

I'm just telling you, we're making progress. And just like you're saying, the argument of anarchism making progress, I think collectively, more people are informed today. Whatever definition you want to give it informed or smarter, more people are informed today to realize, this shit doesn't work, we're unifying. When I Bill Mar, what are we talking about?

Like, Russell Brandt, are you kidding me? Like, when Bill Mar and Russell Brandt and Joe Rogan, who endorsed Bernie Sanders a couple of years ago, when they're coming up and they're saying, here's what we are, nobody in a million years could have guessed this was gonna happen. The weirdest people are unified today, which I believe is major progress.

But go ahead. You were asking earlier why anarchism isn't more popular, right, And I was giving you examples of A, we're making progress on that issue. And one concrete objective as opposed to my personal feelings is the fact of the book at number three on Amazon. So I agree with you that we're making progress in terms of both understanding the nature of the state and the power elite and also more specifically in terms of promoting anarchism as an ideology, point being, I'm not a utopian, right? So even if I had, for example, a magic wand and marijuana,

you are a bit of a utopian. And Michael, let me manage something with you. In a conversation that's two hours, I may jump in and interrupt. That's fine. If it makes you uncomfortable, it's gonna happen 50 more times. I understand. If you interrupt me, I'm fully comfortable. You're not gonna offend me, I'm jump in and interrupt. That's fine. If it makes you uncomfortable, it's going to happen 50 more times. I understand.

If you interrupt me, I'm fully comfortable. You're not going to offend me. I'm a big boy. And I'm expecting you to be a big boy as well. I'm a very little boy. Perfect. That's totally fine. Totally fine.

And I should be in my bed. You should be in your bed and you chose to be here. I'm not a utopian. And I do not appreciate being called a utopian. Right. Because what I was about to say is, if all that happens is drugs become legalized, that's nowhere close to an anarchist society.

I'm not gonna say fuck you that wind doesn't count. That's a huge win. If people aren't put in jail for illegitimate reasons, I will take that as a goal. I will accept it and celebrate it. The reason I wrote this book, the White Pill, was about the fall of the Soviet Union. The people in Russia, Ukraine, Romania, they're not living in some utopia.

They just, things just got significantly better for them. And that is important for those of us who fight for freedom. You take the winds you can get. And you don't say, oh, well, they still have this law or they still have that law. No, you go, look, things in our lifetime in places that are not some weird country that you can't find the map, moved fundamentally, enormously, in a better direction and they did it relatively peacefully and relatively easily. And that, to your point, which I agree with, is something that is important for those of us to stay motivated who fight for freedom. So this is why I think the anarchism question in this context is a bit of a distraction. You don't have to believe in anarchism to still fight for freedom and to work with me

and other people think like you and to take the wins when you have them. Yeah, so what I like about, you know, competition, is if your ideas are great, you're going to attract good people, you'll attract your ideas are great, you're gonna attract good people, you'll attract money, people come to you. If you don't, you're gonna lose good people. Okay, at this table, his family's from Canada, Tom doesn't even Canada, right? You were born in Ukraine.

Yes. You don't live in Ukraine. Correct. You live in Buffalo, New York, right? Yes, right. I was... Sunny Buffalo. Sunny Buffalo. By the way, that's a joke. You live in Buffalo, New York. Yes, right. I was sunny Buffalo. Sunny Buffalo.

By the way, that's a joke. He's in Austin. And you know, which is sunny. Which is sunny. Yes. I was born in Iran. Okay. I live in US.

Adams. Families from Israel. Well, I'm Jewish, but my family is Ashkenazi Jews from Russia. Okay. There you go. Ashkenazi Jew from Russia. He grew up in Miami. Family chose to come here. If an split second, US all of a sudden came up with shitty ideas and it kept going the

way it was, I don't think you have kids. I got four of them. And I know you're a legacy guy because you said that in the first one. What do you mean a legacy guy? Like you want to make an impact. You want to do one, yeah. So for me, if climate got bad, and it was to the point where I'm being forced

to do something I don't want to do, I'm either going to run for office, I'm either going to make money to have a platform, I'm going to speak up, I'm going to write a book, like you're saying here's what I believe in, and people have to read it and see where it's at, or I'm going to say, you know what? I'm going to go raise my kids in Singapore. I'm going to go to Belize. I'm going to go chill. You know what? Here's what we're going to be. We're going to go to

XYZ. I think the world would be a very weird place if we all 100% of us believed in the same exact thing. It would be quite boring. So a part of the fact that you're talking about this, you're forcing the rest of us to question our arguments. And we're sitting there saying, well, you know what? He seems confident in this, he seems confident in that. Where's the leak in the argument here? So to wrap this part up before we go into current events, wrap, I'm gonna pull up this,

I'll give you the final thoughts and then we'll go into current events. So can you pull up with our friends at a chat GBT set up by Anarchy? This is very important zoom in because some of us can't, okay, there you go. Let's see the question first because it's important, Michael knows.

What is the definition of Anarchy? Anarchy is a political philosophy or system that advocates for the abolition of government, centralized authority, and the hierarchy organization of society. Anarchy is believed that individuals should be free to govern themselves and make decisions collectively without the need for ruling class or state apparatus and our emphasizes the importance of individual freedom, direct democracy or volunteer association. As opposed to the use of force or coercion, it is important to note that anarchism is not

synonymous with chaos or lawlessness as anarchists often propose alternative forms of social organization and dispute resolution. Right. You like what he says? I am okay with that. I'm just going to make one more point. I don't need 100% of people to agree with me at all. I don't have an opinion on how Macy should have the refund policy.

I understand that this is Macy's. They're not doing it right. They should be speaking to each other. It's a fence, honestly. opinion on how Macy should have the refund policy. I understand that this is Macy's. They're not doing it right. They should be. That's a fence, honestly. My plan is not to go that far. I'm not going to go that far. Point being, there's lots of issues.

This is why I'm against democracy. There's lots of issues where most of us shouldn't have an opinion because it's not our business. I have one simple question. Everything you're saying is great. You're saying, you know, it's sort of a low level conversation, it works. But we live on Earth, we all have to live in a country.

Sure. And we have to live by that one- Which is a research development. Historical development. That we live on Earth. No, that everyone is a member of one country. Okay. Got it. Well, we are in modern times.

Sure. I mean, we're not going back to biblical times. Listen. So everything you're saying is great. That's amazing. And, you know, relationships, police, everything. I guess what country is closest to even coming close to implementing any of this anarcho-type of philosophy? Is there any country that even comes close?

And I'll ask this question, but I'll strike country so that you don't pick on that. Right. Is there some place or some group or something on Earth that comes close? Not just comes close. It is practiced all the time whenever any people work together voluntarily towards a common goal. So it's not a location. It's not a certain type of government. So it's not like you say, it's not like's not like you say, well, America has an anarchist government.

That's not how it works. If you have peace, freedom, and interrelationships with people on a voluntary basis, that is anarchism. We put into practice. And where on earth, whenever anyone uses cuisine, whenever one does mathematics, whenever people use music internationally, all these things, fashion. These are all examples of international historic, Whenever anyone uses cuisine, whenever everyone does mathematics, whenever people use music internationally, all these things fashion. These are all examples of international historic and artistic.

You're driving these guys insane. They want you to give them the country so they can move there. I don't know why you... I get the hell out of here, Michael, and you just want to fucking play games with my hard country. Fine, it is real. It is real. Let's go on to Kurnemez. Let's go on to Kurnemez. Let's go on to Kurnemez.

Tom, give us an update on what's going on with Silicon Valley and Credit Suits, Yeah, it is true. It's new girls. All right, let's go into Kurnemez. Let's go into Kurnemez. Let's go into Kurnemez. Tom, give us an update on what's going on with Silicon Valley and credit, credit Swiss, because a bunch of a bunch of stuff came out just yesterday. You saw their stock at the beginning. The Dow was down 600 and ended up on a couple hundred down. What's going on with the markets right now? Well, speaking of Utopia, no overnight, overnight, there's very interesting, this can be summed up in one chart. Do you have the chart that came from Apollo?

So this very interesting chart that comes out assessing the balance sheet risk of the banks. Can you pop that up a little? And the arrow up there that's toward the left side is pointing to Silicon Valley Bank. Everything to the right of Silicon Valley Bank is actually more risky and slightly worse off than the Silicon Valley Bank balance sheet was. And then if you go all the way to the left, you've got at a score of 15 GP Morgan showing strength, prudence, and probably the utopia banking experience there because it's risky.

So what overnight has happened is that there is the realization that there is a lot of risk at a lot of banks. That's happened overnight. Right before the market closed, first republic, remember they said that was the other banker who was concerned about, it has been downgraded and officially given the rating as junk and moody's came out and said you're not pending this on us we're just going to say the whole sector is downgraded and they downgraded the entire sector to like this questionable status

and so right now literally have what we are waiting for we are waiting for the markets to show us market response to the stocks of the public banks and waiting for the other shoe to drop because it's not just New York and it's not just SVP and it's not just for public. It's Credit Suisse yesterday morning coming out saying with a stock price of $2.44, so they're down

the street from being delisted. I mean, they're not far away. I think it's 90 cents for so many days and something. They would be put on a suspension and then ultimately delisted. So, what's going on is there's a huge amount of uncertainty, Pat, and there's big amount of uncertainty that no one can have an opinion on. Can I show you a poll real fast? Of course.

About what is the Fed going to do in the face of all this madness? And I put a poll on Twitter yesterday. So here's 326 votes. Do you think, and I asked a very just sensible straightforward question, okay? Consumer price index shows inflation's about six, six and a half for the year.

Still a problem. And with the SVB collapse, what do you think Jerome Powell do with interest rates? When he announces them next week on the 21st, 22nd, half a point as expected. 20 quarter point and be a little more gentle or zero and then revisit it on May 2nd, which is the next scheduled official meeting of the Fed. Look how close it was. 41% said he's going to, you know, just do a quarter point. And 32% said a half a point, 26%. For most of the life of the poll, and the Suspireon and 26 votes, and these are public people, not a bunch of banking industry folks, you know, it stayed pretty even, which means everybody actually wasn't very sure.

So we're gonna find out next week and we're watching and waiting each day along with getting more realization path that a lot of banks have very weak balance sheets right now and there's a lot of turmoil in the sector. But by the way, when's the last time Moody's downgraded an entire sector the way they just specifically ran.

Yeah, that's crazy, right? No, and I'm not exactly banking for this. That is what he did yesterday. For the market clothes, they said, okay, we're downgrading the sector. When's the last time? Is that a, have you heard of that before? Was it like a, because it's 9-11 wasn't a sector,

like it wasn't like, right, you know, 9-11 was, so it makes you think, yes, I'm talking to the folks at Morgan Stanley, I'm like, so what's going on? It says, look, you can't race 450 bibs in 12 months and not expect these banks to go through what they're going through right now. So, but here's the question, the question becomes the following. Okay. Janet Yellen, you guys build that dose, however many people at Silicon Valley Bank with above a quarter million dollars FDIC. So we're not bailing out a Silicon Valley bank,

we're bailing out the passitors is what we're doing. Okay, fine, no problem. No problem. Banks can bail, gonna get sold, but we're helping the people. Okay, no problem. Great. How many more can you handle? One more? Five more? No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, sitting with me. I'm doing a needs analysis. I said, so tell me your expenses. How much you have in savings? I got around $500,000. Okay. How much you have in four one K zero?

How much you have in stocks zero? You only have a half a million dollars? Yes. How long you been making a million and a half? About a decade. I said, what's your mortgage payment? Mortgage payment is 15 grand a month. Okay. What's your car payment? I got that SL 500, $2,000. I was like, okay, great. Where's the money going? Where's the money going? So watch what he says.

He says, I give my mom 10 grand a month. I give my dad 10 grand a month. And my mom asked me to help this sister out. My auntie, I give her 8 grand a month. And I give my dad's brother now 8 grand a month. He was given his family $40,000 every month. You know what ended up happening? Eventually, the government failed.

Well, away it happens. Once away it took place, they're no longer, he's no longer, he's goes from 1.6 to 200 grand a year, okay? Yeah, there's no more interiors to design. So what are you doing? All the houses are done. He's the government and he fails. He had to make four phone calls what are those

four phone calls his mom is dad the sister the brother all that he was the most hated man in the family i can't believe you're doing this i'm eighty years old i'm that that here's a problem you can make one company happy silicon valley bank you can make two signature maybe three dude you can if this shit hits the fan and 20 banks, smaller than Silicon Valley Bank that secretly are sitting here saying, don't expose us. And on top of that, they have a target of money being pulled out. How much did B.A.V. just get? B.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.

J.P. Morgan says claims they got $2 billion, $2 billion. How many more banks after seeing something like this are saying, Bay, let's take our money out. If this thing goes next level, it's going to be a scary, scary side. Janet, the LNM Biden can seem noble doing this with these guys. Very soon, they're going to have to say no to somebody and it's going to hurt. And the rich will just get richer with these big banks. You're all just going to go to wells. They're going to go to city wells, they're gonna go to city, they're gonna go to chase, they're gonna bank of America.

And it's gonna be four big bags at that point. The interior designer should have just made one phone call and then blamed it on that one person. Just since mom's fault that I can't pay the rest of you. It's the wife, you guys say. Honestly, my wife wants to leave me with my food. But my mother's still degrading an entire sector. I mean, my brother and sister and I get out of hand.

My mom got moody and downgraded all of us, but I've never seen moody's downgrade an entire industrial sector. I mean, my brother and sister and I get out of hand. I'm mom got moody and down look graded all of us, but I've never seen moody's down great and entire industrial sector. And then you're almost going to be on the super chat and tell us. And by the way, if you know it, put it in the super chat and let us know because I honestly don't recall, there's the problem of perception become reality, right? If there's less of a belief that these banks are stable, that's going to encourage more and more people to have a run and then it becomes this kind of dominate type of a trend. That's even worse. That's even worse. And that was the run they tried to prevent.

You're correct. They tried to, they wanted to prevent anarchy from happening. And so what they said, we're going to, we're going to protect, we're going to peck the depositors. So please don't run on the banks. So it was like they took 25 billion out there to prevent a trillion. That was the, yeah, I can't, that was the point. And then it just becomes what?

A self-fulfilling prophecy where it's just like, no, this is happening and then, I'm glad my money's in crypto. Yeah, that's where I'm down well for the last year. Not 100% but yeah. You can't be serious, Michael Malis. What do you mean? I'm glad your money's in crypto.

I am right now, of course, Sam. Yeah. Right now, whatever the'm over the last year where it's gone down 70%. I bought low, kept it, I huddled it, then it went down. It's still there, I'm not gonna sell it, it goes down. I will tell you, I will tell you,

and I'm not a pro Bitcoin or an anti Bitcoin guy. Like I'm not, you know, during the entire, hey, can you do a sponsorship FTX? We've never done it, because I'm not, that's not my world So we've never taken a sponsorship from a lot any crypto guys and we've got a lot of Request kind of like how you say I'm not educated enough on the Ukraine to give it I'm not a crypto guy to say hey, here's what we're doing with this, but I will tell you this if

I am a Bitcoin guy Your argument right now is getting stronger Okay, that's why Bitcoin went up 20% in a day, went from 20 to 24,000 the other day. This is a very good time for the pro Bitcoin folks to be selling what they're selling. There is a, the only challenge they have right now is the following is, my concerns always been, we've had Michael Saylor on a few times and we've had a bunch of these guys. My only concerns always been that these guys are going to want to regulate.

So the whole CBDC, they come out there and try to regulate the crypto community. What that's going to look like. And they're going to use this crisis to say, you know, what if this happens to crypto, what if this happens to this, they're going to figure out a way to regulate that. If they don't, I think Bitcoin is a good place to be, if they don't get their hands on it. But again, we'll see what's going to figure out a way to regulate that. If they don't, I think Bitcoin is a good place to be if they don't get their hands on it. But again, we'll see what's going to happen there. All the defy guys are out there saying, see, told you, yeah, no, by the way, exactly. They should, they should, they should say it.

This is a time to say your argument. If gold pops, Peter Schiff should come out and say, I told you so, I told you so, right, it should, it should be able to do. My big concern is that at some point, maybe you're right that they're gonna have to be like, we gotta stop the contagion, bail it out, and then you have to get inflationaries of consequence. That's on top of the inflation that's already happened

and what that ends up screwing over is the poorest of the poor. So that is really my concern here. I, we're on the same page there. All right, so they're gonna wanna get their hands on it. So let's talk a little bit about reparations. San Francisco, I'm sure you big supporter of this. So San Francisco, to consider $5 million reparations, check for black citizens and it's actually getting

pretty close to it, are considering a draft plan for reparation package that would pay $5 million lump, some payments to eligible black residents in addition to eliminating personal debt and tax burdens and providing guaranteed annual income of at least 97 $97,000 for 250 years to an under-determined number of black guys I'm a little bit flabbergous. Let me read that one more 10 more. And tax burdens and providing guaranteed annual incomes of at least $97,000 for 250 years. The plan also proposes allowing black families to purchase homes in expensive cities for just a dollar. Critics have slammed the proposal as financially impossible with one estimate suggesting it could

could cost the city roughly $50 billion and another suggesting that each non-black family in the city would have to pay at least $600,000. However, proponents argue that $5 million figures actually low when considering the harm caused to black community, the state of California is also considering some reparations proposal that would cut $360,000 checks for every eligible black citizens. So the state of California, can I point something out? So yesterday I was reading, and it was very interesting. When did California abolish slavery and California? They never had slavery. That's correct. That was a trick question. And then I looked back at all the other states that actually had legalized slavery, Massachusetts, Connecticut. It was really shocking. California has never had slavery.

So even going back into California history to say, well, at this point, we really feel the state was not acting and had done this and had these laws. No, so how does the state offer reparations for something that actually historically never actually did? See, you're thinking in 2022, it's 2023, and it's not reparations for slavery, it's reparations for racism.

So they're talking about California had like discrimination. What they have, those covenant clauses in a contract, like if I sold you a house, both Diane Feinstein, Michael Huffington, when they ran against each other, but then I think it was in 94, it turned out they had a house that had a clause that says, I will never in perpetuity sell this house

to an African-American, and people ignore them, but they're still in the books. So this is paying for all of that. And the point is it's never gonna end. And the point of reparations, Pat, you burned out my house, you give me the value of my house and some cost, you know, suffering, then I've reparations, I'm restored back to zero. The point of reparation is once it's resolved, you move on.

But does anyone seriously think that if this actually happens, that it's like, okay, racism is done, and we're gonna move on to society, and people are gonna stop complaining about racism, California, of course not. I'm in favor of this, because the faster California gets driven into the ground, and the more of a kind of understanding

that government is just basically a shakedown system, the bet will be for everyone. But how does it work? Because it's San Francisco, so it's a city. So it's not the state, right? So they'll figure it out. Oh, they'll figure it out. Yeah, they just tried to ban 3D printers

in all of California. For what? Because the law says, I don't know if they passed it yet, but if any object is used primarily or largely to 3D print guns, it's going to be, they're trying to ban it in California. Can you, can you find that article? Yeah, look up 3D printing guns.

There they are. It's right there, I just saw it. Go, fourth one, yeah. California passes new, that's a 20, so that's an older one. Yeah, if you can find a newer one. It was just in the last couple of weeks. It's pretty wild to be thinking about.

This $5 million. So you know what it makes me think about? When I was talking to Roland Martin and Roland said, I grew up in this community and I'm like, okay. And what happened? I left. Why'd you leave the community? Everybody left.

I don't understand. If you really want to help the community, why are you leaving a community? Well because everybody else left. So anyways, he'll respond to this on Twitter with some kind of a link and follow and I like him when he does accept, allows me to go and look up a few other things. But what's going to happen if they can buy expensive homes for a dollar? Okay?

So you mean to tell me they can go buy expensive homes at a dollar. Okay? So you mean to tell me they can go buy homes, expensive homes at a dollar, and they're gonna get five million, and 97 grand over how many years ago? 250? 250 years, man, if they're gonna live 250 years, that's respect, right? If you get that kind of...

But no, not necessarily. If inflation, like, five years, 97,000 is gonna be worth like, like, what, Asoda? Yeah. But if you think about that, then here's a perfect case study for people that are gonna say,

well, I can't believe you, if people, if they do this, you're actually right. If they do this, just to see what happens as a case study, it's a great case study for everybody else. Let's see what happens. I'm actually really curious what happened. Yeah. Go for it.

Do it. Give them the money. Let's move forward. Let's see what happens to San Francisco. Let's see if San Francisco becomes a better city Let's see if it becomes more vibrant. Let's see if more business owners want to move to San Francisco. If it does Then guess what? We officially have a case study if it doesn't you also officially have a case study that it doesn't work I think we maybe have some I agree with that and I think we have some many case studies out there. When you take a look at megalato winners,

and what they do, they effectively allow their relatives to buy a house for a dollar, because they just give it to them. And when you take a look at also athletes of all different cities and all backgrounds, you take an athlete that's suddenly given this monstrous contract when they get drafted by the MBA and the NFL Remember hockey and baseball you have this rookie contract that goes five years as you know Pat But then you've got the sports where you just walk in the door and you've won the lot

Oh, right because you're one of the top three kids coming out of College and there you go and then you buy a house for your mom, and you give a card to your brother, and you give a house to your sister. Go take a look at the condition of those assets, and go take a look how they care for them. I'm telling you. We have mini case, we have little mini case studies that follow exactly what you're showing. People will not take care of it.

I want to see it though. I'm a lot of what I want to see. I want to see it. I want to see it. I want to see it. This is the work. We figured it out. Let me actually, we have unity in the house.

They say right here, and it's gonna, can I say something more with the thing? Yeah, go ahead. That Chinese were enormously oppressed in California. So they're gonna be next in this list, and they have more reason historically with California than African Americans do. So reparations for them as well.

Am I wrong? What a noble request. Does it not make more sense for them? Sure. There were all these laws. That was my question is the slippery slope effect of here because right here it says, why don't you throw Iranians in there? There you go. Where does it go? You used to live in California and go there for vacation now live in Florida. I think we should figure something out there. Where is your job? Iranians, only Americans know

about oppression. If right, if you watch the corporate press, you and I are families. You don't have oppression. No, nothing happened. No one left the elevator when we said very healthy upbringing. You know, it was nice. And I had a party full. Yeah, I'm just clear through. I'm allowed and go for it. Rosewater ice cream. It's a slippery slope effect. So it says it's going to cause a city of roughly $50 billion. So let's say, you know, you're a white guy, you're a nation guy, you're a Latin guy, whatever, you're a round Indian guy. And you're a white guy, you're a nation guy, you're a Latin guy, whatever, you're a round Indian guy and you're like, yeah, all right, cool, I agree.

Maybe this is something they should do. Let's, you know, make right the sins of our forefathers. All right, so let's say you do agree with this. Okay, great. But by the way, part of this is each non-black family in the city would have to pay at least $600,000. So hold on. So as a white guy, all right,

maybe you can make the argument, all right, well, you're not black, your forefathers were maybe the oppressors, all right, it's time for you to pay. All right, well, now the Mexicans gotta pay though. The Asians gotta pay. The Native Americans gotta pay. Like, where does it end?

Like, how do you determine who ends up paying? So if it's only, if it's all non-black residents, so now we're all paying. So my family just moved here four years ago, or 40 years ago from Mexico, I have to pay. For some, it's just like, where does this end? Politics isn't about logic or reason, it's about power. That is kind of central to anarchist thoughts.

So what you're saying makes logical sense. But again, this isn't even about reparations in the sense of reparations of making people whole. This is simply basically a cash grab and a way to kind of get a voting block in place and perpetuity, quite obviously. But if you're going for a voting block, you already have the vote.

It's this is liberal cities that get sent to the system. This also appeals to Karen, because white liberal women love stuff. Am I wrong love stuff? Let me tell you I'm gonna tell you right now. I'm telling you right now Adam I want to see this happen. Oh, yes. I'm for it as well. I want to see it happen And you know who else I want to see duplicates New York City. This is oh do it I want I want San Fran to do it New York City to do it Chicago, Chicago to do it, LA to do it, do it, do it. Let's see what happens.

This is why I donated money to John Federman. I want to see, I want, and he's my candidate for president. I want to see this happen. The faster the Senate becomes Arkham Asylum, the better it is for everybody. You just want to see the country. By the way, there's a part of it that's funny, but there's a part of it that, honestly, for me,

we have a relative, and I'll tell you what, this guy was a very prominent figure on TV, okay? Very, in the Persian community. And at the tail end of his career, he had a stroke. And the family was okay with people coming and visiting him. And there's no way he would ever want people to come and see him in a condition like that. It was horrible. If you know what I'm talking about. And the sun was not okay with this. Like this is not cool for this to be happening. I'm totally, I can't say anything. I'm a nobody in the family to say,

hey guys, what are you doing here? They have to make the decision. If something like that happened to you and I and if my wife put me into public, I would be, I'd be waiting for her in heaven for her to show up and say, what were you thinking? Allow me to be in public. Federman's family and Democrats to just put them up front like that to say, well, he's great. He's this, he's that. That's a form of abuse. What they did to that guy. He could acquitted anytime. You're removing agency from him. He has aphasia. He's not literally like Terry Shiveaux brain dead. Yeah. And this guy's entire life has been seeking political power.

This is the monkey's paw, right? It's like, you have a genie's wish. It's like, I wish I was sent here. It's like, all right, but it's gonna cost. He's like, I don't care. And now I'm hoping for the day when some, on the center floor, when his head just explodes and covers 99 other senders with brain parts blood

and skull bits. You would wanna see that? Oh, desperately. Well, you are an anarchist there you go i'm an american yeah every american worth his salt wants to see a center's head just like jive k had explode out of nowhere you just took it to hold it from level your game just went to hold it from level okay let's talk about something else let's talk about something else let's talk about this let's talk about a little bit of

uh... i don't know if you heard of this guy uh... they both live in the in from this one state called Florida. One guy's name is Ron. The other one's Donald. I don't know if you're following this. I have. I guess I know that. I know.

And they're both very competitive. Very competitive. So CNN. The most competitive. No one's ever been the competitive. Yeah. Not at all. Most competitive.

I don't say it. Other people do. Got. So CNN poll, Michael. So obviously these guys know what they're talking about. So CNN poll. Most Republicans care more about picking a 2024 GOP nominee who agrees with them on issues than one who can beat Biden. Okay.

So this poll shows that only 30% of Republicans and Republican leaning independence believe that the country's best days are still ahead of it. This represents a significant shift from 2019 when 70, 70, 77% of Republicans were optimistic. When asked about the 2024 GOP nomination, 59% of Republicans prioritize a candidate who agrees with their views on major issues over one who has strong chance of beating President Biden.

The poll also shows that 38% of Republicans view increasing racial ethnic and national diversity as a threat, which is twice as high as four years ago. Additionally, 78 percent believe that society's values on sexual orientation and gender identity are changing for the worse. And 79 percent think that the government is trying to do too many things that should be left to individuals and businesses. What do you think about this?

I think the reasons people give for why they vote the way they do are almost never the actual reasons, right? No one says I voted for the better-looking person, I voted for the taller person, but they're going to have a rationalization after the fact that like, oh, I like him more for the issues or I like his career. I like the Kennedy thing you would talk about. Right. Exactly.

So I think when people are asked what you're looking for, it's not necessarily what they're actually going to do in the voting booth. Number one, number two is, I don't think Trump has a very good shot Pun intended because as soon as they start talking about the Fauci stuff especially with the base As soon as you start talking about his staffing decisions It's going to look pretty bad for him And I also think that there is enough in impetus on the democratic side for him to be either kind of Charge of some kind of crimes because I think they're very you think so

if I'm an attorney general and I have the possibility of prosecuting a former president that's gonna catapult me a state attorney general to some national fame and history books so the incentives are very much there for a you know democratic party operatives to push him as far as they can. Why wouldn't they? No, when you say you don't think he's got a shot, define that meaning he has a great shot

of winning the Republic in primary. No, I don't think he has. I think you should. General election might, I don't think he has to go to shot the primary. How could you possibly say that he has 60% in the CPAC? He's gonna tell you if you don't stop interrupting. Stop interrupting me, Michael Malice.

CPAC is irrelevant, as you know, because if you last CPAC what it was at this point in 2016, I don't think Trump's name was even there. Or maybe he was because he just spoke in number one. Number two is he's going to have an issue with fundraising because now it's become so radioactive that if I'm a big businessman and I'm giving him money, it's going to be a problem for me and my customers because all the press is gonna be on top of it. There's gonna be enormous amount of, there's a space now.

If I am Facebook or a my, or CNN or Fox, for me to say no to his ads, because now it's been established that this guy's fermented insurrection. I don't believe that's true at all, but that is the argument. So it's easy for me as a corporation who's gonna be almost always left of center

to be like, oh, I can't take your money because you're not a patriot, so on and so forth. So he has a lot more stacked against him now than he did even in 2016. So let me go to a story. Let me go to a story and then you guys can continue with this. So maybe there is some, an event that could take place that could help him out. Here's what it is. Donald Trump's true social cut staff as his SPAC languages. This is a Bloomberg story.

Trump Media and Technology Group, the parent company of Truth Social has laid off about half a dozen people, including senior members of its ranks, such as the Chief Technology Officer, which by the way, that's in the technology company. Yeah. That's like number one above everybody else.

William BJ Lawson. It's like you wake up in the morning and fire your own heart. That's that's top right there Yeah, the company done. Yeah, the company is that's actually good joke Tom This is it's too an error. Okay, so the company estimates it can find it can fund operations through September at Present spending levels Trump media executives were once optimistic about the advertising revenue, true social could generate, but the reality of launching an advertising business has proved more complicated, true social monthly web. And this top visits reached a high of 11.5 million in visitors in August, 2022, but I've seen a decline, holy moly.

This was a real number, to 5.7 million in February. So 11.5 million to 5.7 is a little over 50%, that's 51%. So here's what I think. And I'm gonna get your thoughts and you guys can talk about this. This could help them out. Why?

Here's why. How long has he been free to post on Facebook, Twitter, for a while, Instagram, right? But he hasn't, okay. Why? He's trying to drive value to true social, SPAC, money, all these people, your friends, they put up money, here's five,

and he just 10 million, here's 50 million, whatever the number is, right? You're raising his spec, it's a very risky thing. And it's probably the worst time ever that they had a spec. Possibly the worst time ever when they did the spec at the tail end of a peak of spacks, when all these guys were doing spec, spec, spec, we almost did a spec time for 400 million dollars.

You remember that? Last month, we had a meeting, we decided we're not doing it. By, specs, we almost did a spec time for $400 million. You remember that? Last minute we had a meeting, we decided we're not doing it. By the way, we were like all the way in to decision on a Zoom. Nope, we're moving on, we didn't do it. Maybe the best point for those of you listening. It was a profitable company that had been profitable

for many years. Even it was a solid EBITDA. Yeah, we weren't trying to go out and be a public company just because we were a profitable company, but we wanted to go out. And we wanted to go out and even we decided no just because we were a profitable company. And we wanted to go out and we want to go and even we decided no everybody we call they said if you would have done it five years ago, yes, this is the worst time to do

respect. So if truth goes under, now he's not fully committed to post the stuff on truth. So he's going to be active on what Twitter, Facebook. So maybe truth, social going out of business could actually help us campaign. I agree completely, because the reason people like Trump and what I like the most about him is because both his foes and his friends every morning would wake up and be like, what is this asshole tweeting about now?

Right? I could, the fact that when you had the Democrats going to a military base overseas and he pulled their permission slips and they'd circle the bus around and they'd kind of get off the bus, that was the funniest shit ever. So, him on Twitter was what got him the presidency.

It was integral to him getting the nomination and getting the presidency. And they would be who of his campaign to have him back on it despite all the people who were like, take his phone away from him. That said, he hasn't been on Fox in months. The vast conservative media establishment has turned their backs on him. And he's not like fresh like he was in 2015.

We know and see many things like him before. I think it's gonna be very hard for him to regain that fire that he had now almost a decade ago. I can't believe you guys think this is actually a be a good look for him. I hear it's just coming from because if you want to win a national election, you're going to want to be on all the major social media platforms. You're going to want to be on Twitter.

You're going to be on Twitter. You have to. You have megafone. You have to. But there's a reason he's not using it right now because he's doubling down on his backtruth social. I would argue that the worst thing to ever happen to Donald Trump on a social media situation is Elon Musk taking over Twitter.

Okay, because Elon Musk has basically enabled Twitter to be a free speech platform. That was the whole point of true social. So the whole marketing agenda was like, this is a free speech platform, come join us, this is where it is, all it is turned out to be is a right-wing echo chamber. I don't know any moderate or even liberal

that's even going close. Oh, you think it could serve the resource? Not mega. Look at Tom just pointed it himself. He's like, I don't know any moderate or even liberal that's even going close. Oh, you think it could slip through? It could slip through, so it's not mega. Look at Tom just pointed it himself. He's like, I don't go there. So the last thing that Donald Trump, I mean, Donald Trump's got, you might, some may argue that he's got,

thin skin, some may argue, in order to make it to where he's at. He has to have thick skin. We don't know what exact type of skin he has. It's orange. It's orange, we know that. But the last thing that he wants to be labeled is a loser. Okay, and you're about to say that he is a loser.

I would argue, you know, he's won a bunch more than he's lost, but lately he's been losing. But I don't think this is a good look for his brand. So what's his brand? Whether it's Trump hotels, Trump casinos, Trump stakes, Trump's waters, a lot of these businesses have failed. So now you're telling me the one business,

Michael, the one business you've been working on since you lost the election, truth, social, is now gonna fail. Tell me that in how that empowers him to be the president of the United States again. Well, I don't think truth central, as he called the truth central, is going to be central to his the states again well i don't see i don't think truth central as he called the truth central is going to be uh...

central to his brand or his identity i think he's riding on i was the former president on the one who take on by the i had results in the past and we have results in the future what maga people don't appreciate is that his last year in the white house he took l after l after l after l it was an entire year of else it wasn't and the fact that if you even if you regard the election as having been stolen, the fact that they were able

to drag this carcass across the finish line, how, if he couldn't stop that in 2020 with the power of the White House behind him, how is he gonna stop that in 2024 with the power of the White House against him? Now, you could argue that whoever they put up and they're gonna take it, he doesn't have a chance. That's a, okay, I can wrap my head around that argument,

but that's not a good argument for Trump, specifically, supposed to someone who's won. One could also argue without COVID, Trump would have beat Biden. Pretty fair. But I think a lot of these mega people think that no matter what happened, it would have been stolen from him.

Yeah, well, we've seen what's happened with the Fox lawsuit with Dominion. I'm not saying that's there. I'm not saying that's there. You're trying to truck just some supporters. That's where they are. But so, I guess, as an odds perspective, with the Fox lawsuit with Dominion. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there.

I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there.

I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there.

I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I'm not saying that's there. I think you were talking about two different things. You're talking about it would be an L on his business legacy and bother his ego. I think Pat was talking about something else. Yeah. I think both of you, Michael, respectfully are very naive. And they have to accept it. They are very naive.

And you talk to him. Here's why. Let me explain to you why. Here we go. OK, here's why. Here's why. So let's just say if You were best friends and we've known each other from high school, okay?

We always hung out. We got along. We've been tight forever. We have each other's back. Okay We're now, you know, you go through your first divorce after being married for seven years and we get to call Hey guys, you guys got a minute. Yeah, what's up? I got to talk to you guys. What's that? Mary and I going through the worst. Oh shit. Sorry, bro. It's already grand a month. Yeah. So kids this that no, man. It's just reached the point. It's just not gonna work out. We're going through the worst. Trust me. I'm kind of dealing with it. You guys mind if we meet up somewhere tonight. Yeah, no problem. Let's go meet up. Okay. So we feel bad for you. You six months later, you meet Jackie. for you, you six months later, you meet Jackie. And your hey, it's Jackie, that I don't know, oh, it's good to meet you, Jackie. Everything good, yeah, yeah, I love Simmons.

What's tough for about three months, but Jackie and I met, you know, on Bumble, and you know, it was phenomenal. I'm like, oh, we're happy for you, man. Everything good, Michael, yeah, yeah. I've one sentence, my friend Jackie is currently in the hospital and she's so caring, she called the cops on the nurses' due days.

Oh, so shout out to Jackie. You're joking. No, I'm not. You want me to change your name? It's funnier, it's funnier. It's funnier, I love her, on the nurses, dude. He's like, oh, so shout out to Jackie. You're joking. No, I'm not. You want me to change your name? No, that's funnier. It's funnier. It's funnier. I love her.

She's great, mom. So you're dating Jackie and you're happy. And in all of a sudden, we come to your second wedding. Okay. And you're up there, you know, you're doing what you're doing. Me, Tom and Adam walk to the side and we're having a drink and we say, good guys, over under. What are the chances of this one working?

Adam says, I don't know, Brian, I think it's 10%. Tom says, no, this one's going to work out. I keep loves her and 80%. I'm like, I don't know, man, I'm kind of like at 30% mark. Okay, go. All right. Sounds good. This one nine months later, give us a call. And you say, dude, this, this chick's crazy. She's a Karen. She's this. She's in a hospital. This is not going to work out. Right. So what are you doing? I'm getting a divorce ASAP, just not gonna work out. Great, no problem. The third time you call us for the wedding, our schedule is probably busy.

Okay, what's the point here? Like, ah, he's getting married again. Leave it alone. I'm not invited. You never believed in me. We were friends in high school and you're taking bets in my wedding, fuck you. Go back to your wife.

That's shit. Fuck it. Go back to your life that's shit That was high school dude you now you go through women every time the clocks change So so for those of you guys that are upset saying Pat get to the point here's a point the point is How many stories are there with stakes with this with that No one gives a shit about true social going out of business. Nobody does. This is not the first divorce. Let me make my point and please don't interrupt. Okay, this is not the first, second or third.

I think statistically, it'll take us a week, two weeks to get over it, they'll take shots, but what are you gonna say? He's filed this many bankruptcy, he's never worked. He's then there, then never worked. This guy going to be able to get more eyeballs if this thing goes out of business. He goes on Twitter, his first tweet, Michael, if it's the right tweet, it'll be the most liked tweet of all time ever. And he can create momentum if he gets back there and quite frankly, just what Elon Musk is not in a business of running,

nonprofits, okay? And he joked the other day saying, I'm officially running a biggest nonprofit of all time because they're not making any money. The revenues are down, some ludicrous, crazy number that's down. He's gonna sit there and say, dude, we kinda need the profits.

We'll take memberships from Republicans, from Maggot, from whoever it is, even from anarchist, come and buy membership. We don't care who you are. I think true social going out of business is gonna help us campaign. Go ahead.

You're saying two contradictory things. So it will help us campaign in the long term, but in the short term, it is going to be a problem and this is gonna be an arbitrage. Yeah. And it's different from the bankrupt season the past. No one cares about Trump's stakes that happened

in what the 80s or 90s whoever was. Point is this was their mothership. This is where they went to. And now it closed down, they get kicked out of their house, they're not gonna like it, because people make friends on social media, you know what I mean? So it's gonna be, and the thing is,

yes, it doesn't really matter because it's not that big of a deal, but they're gonna make it matter. Because even Fox is gonna, 24-7 be like, look, another disaster from Trump. Correct. The CDS is gonna be everywhere. And I think one thing you got to,

everything comes down to sort of the news cycle. If this does fail, it'd be better to fail sooner rather than later. And I think his spin is going to make it worse because he's not going to say, all right, we tried our best and it didn't work out. He's going to have some cockamama excuse. And that's what they're going to. The left leading Democrats didn't want this to happen. They wanted to see me fail. The only by the way, the only recommendation I would give is I would give the strategist that are working closely with President Trump to have him realize there's a different approach you have to take as the favorite

than as they, as what he called it, as the underdog. He's using the same strategy as an underdog in 2015. You're, it's not gonna work. You have to take a very different approach as a favorite because he's coming across as a bully to the centrist right now. It's not a track. Yeah, but this goes back to what I always say. He's not gonna change.

Like everything he's done. When we've ever seen him change? Here's what happened. Should he change? Should he take some counsel? Of course. We could solve this problem. But he's not Michael.

You're the solve it. All he has to do is sell truth social to Kanye West and the problem is solved. Yeah, because everything he's done with Kanye West has worked out really well. Yeah, exactly. All his arrangements with Kanye have worked out well for the next one. Let's put them in for us. This one is specifically for you.

And I need, I need your insight. Yes, sir. I need you on this one. Even though I should be in bed. Yes, I will. Here we go. By the way, Rob, can we send, what kind of mattress do you have I have I have a I've a sponsor that's a mattress company, and I've really got to be committed to them. I am okay

All right, but I need a twin and you twin I can do you really yeah, I have a guest room Do you need a twin trying to make it haunted no joke, so you want like the you got a girl You don't know you got a stay I suggest room. What do you mean with girls? I'm guessing these countries when you're done you say going to guest room. What do you mean with the girl? The girls not the guest room. So he's going to get some twins for me. You're John, you say going to guest rooms. No, no, I say going to Uber. You're like, you're an anarchist. Like the wife sleeps in a different room. You're not thinking like, like,

you don't bring the girl over the house if you're married. Are you crazy? That's the mistress comment you made at Tiena. Gotcha. I'm following you. I'm following you closely. Michael, Jackie's a big fan of the show. Michael, this is why after nine months,

it's all because of you, Pat. I apologize. Please, Rishi. She's blowing up my phone the show. This is why after nine months, it's all because of you, Pat. I apologize. Please, Rishie, my phone right now. Here we go. Here we go. I need your insight on this one, Mr. Michael Mallace. Republicans, knock, Rhonda Santas, after Florida governor says, help in Ukraine,

is not a vital US interest. Several high profile Republicans, including Senator Marco Rubio, Nikihei Lillis, Cheney, and Lindsey Lindsey Graham are pushing back against Florida governors around the Senate's argument that helping Ukraine fend off Russia's invading forces isn't a vital international interest. And a question are sent by Fox News host Tucker Carlson, the Senate is declared that becoming further entangled, let's say, Jada Pinkett, a word, and a territorial dispute between Ukraine and Russia

is not a vital interest to the US and criticize the Biden administration for Ukraine, funny Ukraine, Rubio argued that Russia's end goal is to overthrow the Ukrainian government and rule the country, and he said the war should not be compared to other conflicts or territorial disputes settled with treaties or peace agreements.

Haley accused the Santa's of copying former President Donald Trump stands on Ukraine and Cheney accused the Santa's of weakness and forgetting the lessons of Ronald Reagan Graham tweeted that allowing Russia to succeed in conquering Ukraine invites aggression by China and Taiwan thoughts. I have a hashtag called LIMS for L Liz where people who lost their arms and legs and military service can send the prosthetics to Liz Cheney's house because there's not enough corpses and dismembered people for her taste. She needs a second house. She needs a second condo. This woman is pure evil. And frankly, my understanding is that she was the model for Ms. Piggie.

If you put a picture of them side by side, you can't see the difference. I don't, I think what DeSantis is doing is he's running for the nomination, and I don't think Nikki Haley, Liz Cheney, and Lindsey Graham between them, see, this is identical. If you have any, am I wrong? So fun. That's offensive, Michael.

It's like, oh, why? Because it's Haram. I don't think between the three of them, they have any kind of clout with the Republican base. I think the Republican base has become increasingly radicalized. And I think a year from now, when you're in New Hampshire and Iowa, to still be supporting pumping more money to Ukraine, is going to be extremely unpopular with the Republican

base, whether that's a good thing or not. Adam. Yeah, I think we're getting as a little insight into Ron DeSantis' mindset. If he were to run on a for presidency, which we all expect him to do, he could be as early as May, I think, is when after the Florida government situation kind of dissipates, but he's sort of queuing to the base. Hey, this is where I stand on this. And he's drawing a strong delineation between what Biden stands for, which is obviously doubling

down on Ukraine. He sent... Triple inquieter, pulling up. All that. He sent every one of, you know, who was the latest person that he sent over to Ukraine? It was, he sent Janet Yellen and then he sent... Merrick Garland, I believe, to Ukraine. Basically, he's believe, to Ukraine.

Basically, he's doubling down to Ukraine. He's been saying, this is the difference between me and Joe Biden. And if that is who ends up running against, if he does get the nomination, he's sort of giving a heads up. This is where I stay. And here's why it's this is smart, because the big whispering campaign coming out of Trump and MagaWorld is that DeSantis is a closet neocon when he was in Congress. He's basically another, you know, George W. Bush. And there's a big concern that he's a wolfish sheep's clothing. And that once

he gets into office, he's just going to be a product of the military industrial complex and just push for war something that Trump from their perspective did not do. So this is a great way for him to get ahead of that criticism and be like, I know you're worried that I'm another war hawk Like you get a year after year with Republicans, but I'm really different and I'm not going to be like what you're fearing I'm gonna be I think I agree with that to a certain extent. It's really early and that's what I every time I see these things here I just bang around on my head. It's just like, okay next. It's really early

you know Nikki Haley has her motivations clearly. Lindsey Graham and Liz, Cheney, you know, they've got their motivations. And I think also the classic technique of, whenever you have somebody emerging, is to start picking up. Mitt Romney didn't have the entire Republican party behind him

when he was emerging. People were picking at him. I think it's power-brokering. It's people like Nikki Haley. She's competing with them. She's a competitor. Just call it. She's competing for the Republican nomination. So she's a hard-nosed competitor.

So we're not surprised about her. Check. And everybody else not surprised about her. Yeah. Check. And everybody else has got their motivations. And he is the emerging front runner. And I think a lot of people are trying to shift the power where they want it to be. You know, you know, one of the things that I think is a sign of a guy that's got the chances of winning is you have to take

a hard position and get a ton of backlash and still stand firm. And in the market says, wow, good for him. And then the argument creates momentum. Kind of like what you're doing, right? So think about like your argument of, no, let me tell you, here's a, no, no, no, no. So do you? Okay.

Well, maybe he's got a point. Now, you got to have your tip in point for that argument to really go. Right. But I think, I think the Santas has to take this position. Um, I think it favors him. Now, whether people write like it or not, it is what it is. There's a lot of people right now that are kind of sitting there that were all pro Ukraine. Let's hop these guys out, change the flag colors on my Twitter profile. And I was like, I don't know about all this money that we're spending and

we're experiencing America. So I think it could help them out position wise. I'm not sure the level of credibility with the other guys. You don't want to be the group of 18 people that disagree with the one guy. Right, because you had a market to differentiate. Like why am I buying RC cola? Because I'm cheaper.

There's gotta be something that's actually good. RC cola's also better though. Okay, there's gotta be something I'm a doctor of paper guy. There's gotta be something distinguishes me from the other brands. And I think it's, I think for the most, this is the most extreme time in our lifetime where there is a disconnect between a party and its base,

specifically between the Republican party and the Republican base. I don't think we've ever seen anything like at the animus that the Republican base has towards the Republican party. Can I say one more thing about this? Do that and then I wanna go to this next story. It's just real quick, because they keep using the word of national interest.

This is not, DeSantis says specifically, this is helping Ukraine does not fend off evading forces. Is it of national interest? One could argue, yes, this is not of national interest, but this is of our international interest. Right? Or, right? So, obviously, NATO is an international alliance that is there

to protect typically Europe against Russia's invasion. And one could argue that, all right, if we allow this to happen, what's next? What's a slippery slope that happens with Poland or Finland? And we've seen that Finland and Norway or whoever it is just recently been introduced to NATO. And then you have here is Lindsey Graham even tweeting that allowing Russia to succeed in conquering Ukraine, speaking of slippery slope, now invites China to invade Taiwan. So where does it end of US doesn't draw the line on these types of situations? But then where does it end?

Because at a certain point then China is going to even more so be on Russia's side. So if you want to play brinksmanship, it's not going to be like the good guys always win if you were assuming that we're the good guys as we just demonstrate in Afghanistan. Yeah, well, not completely understanding on that. But so, at the end of the day, one can say that this is what I said a couple weeks ago, I think this is a vital U.S. interest to stand pat on what we believe in democracy. You can't just invade countries. I think that's something that we should

whether it's soft power, out power, throwing money on it that we should stand behind. Are you willing to send for us? This is my, no, not whatsoever. The one that you could always argue is how much money, how much money can we be spending? Is it where do we draw the line on that? Right now we're at $100 billion dollars. Are we willing to commit another hundred

billion dollars? How about a trillion dollars? We spent what? A trillion dollars in Afghanistan, if not more. We spent four trillion fucking dollars in Iraq. So one could argue, hey, the money just doesn't make sense whatsoever, but standing firm on what we believe in, I think is there's no amount of money that we can put behind that. Would you regard it as somehow wrong if Putin started targeting American resources? Like if he started bombing American bases,

well now he, in, just somewhere, would you regard that as somehow illegitimate? What do you mean by illegitimate? Meaning like, okay, not an act of war, then yes. But the point being like, would you be surprised? At a certain point, if you're gonna keep funding his opponent, we start becoming parties to this war ourselves. No question about it.

Yeah. So you're playing a very dangerous game where you get, it's easy to be like, we're the good guys before democracy, you're not gonna do it, but we're not gonna send troops. At a certain point, he's like, fuck you. Yeah, and that's gonna be very,

that's something I'm terrified of. Totally understand. And that's a great argument. But at the other end of the spectrum is, do we just allow Putin to do whatever he wants with no consequences, and we don't step up? We're America. I mean, like, the world goes as America sort of goes.

Like, if we don't step up, if we don't lead, who leads that? China, Russia, Iran? I don't. Like, we don't step up, if we don't lead, who leads that? China, Russia, Iran? I don't. Like we need to stand for something here. I hear what you're saying, but at a certain point, the problem, the Afastia very famously said the problem with socialism is eventually run out of other people's money. We have limited resources.

And this idea that we can fund wars ever across the world in perpetuity, wherever so-called democracy is threatened, I think flies think that is the utopian perspective. And at a certain point, we have to be like, all right, this sucks. We're like North Korea is a great example. You know, if I had my brothers and talk about utopian, if I had a magic wand, I would liberate the North Korean people.

We can't do that because the military and so on and many other Chinese has their backing. So yes, I like the idea of protecting liberalism in whatever form it takes throughout the world, but at a certain point, we're making ourselves the targets and we're gonna have other 9-11s. Yeah, I agree, and that's essentially my point, is that what amount of money are we willing to commit to this?

I don't think, I think speeches, soft power, saying what we believe in, that doesn't cost anything. And I think that's what we should be doing. I think it's fully in our right to argue, hey, where else could this money be used? I think that we need to stand for what we believe in and not invading sovereign nations. I think it's sort of tantamount to democracy.

But what does stand for what we believe in mean that can mean anything up to boots on the ground? If I'm not sending troops, am I really standing for what I believe in? If I'm not putting lives in risk, or I'm just talking out of my ass at that point, right? You're saying that you have to send troops or send a telegram or a telegram?

If I really want to stand for what I believe in, then there's no price too high. The heavens fall. Are you going to, to the speech he gave about, the Americans will need to send their sons and daughters? No, I'm just going to his point that, like look, listen, if there's if we have to stand up for what we let's make put in the evening, it makes it even easier. If it's like Putin's like a Hitler figure, like, like really just pure evil and the Ukrainians

are all dangerous. Which is not. That's part of the problem. No, but point is like labeling that. Are we are are you comfortable always allocating no matter how many resources we have to always fighting dictators. And at a certain point, the answer is we can't. We at a certain point, we're gonna run out of military,

we're gonna run a weaponry, we're gonna have people's patients too. And that's the big problem. I agree with you. I'm saying that we're, we're, I know, but money shouldn't be the only situation that we're looking at. I agree, we can't just go down the rabbit hole of another

Afghanistan of trillions in Iraq. Let's go to the next story. Let's go to the next story the Santas administration revokes high-rate Regency Miami alcohol license after it hosted a Drank Queen Christmas. This is an insider story the the Santas administration is revoking their license after the party with minors present in the audience the state's business department accused the Miami venue of several violations including a prohibition of how do you pronounce that word? Less vicious, less fierce. Less severe.

Less severe. What is that even in your office? Thank you, sexual. Okay, sexual exhibition before people younger and 16, the department said performers were wearing sexually suggesting clothing and prosthetic female genitalia, as well as simulating masturbation, Republican governor, the Santis of Florida supported the license revocation, revocation, and his press secretary said that sexually

explicit content is not appropriate to display to children and do and so violates Florida law. Equality Florida and LGBTQ rights organization said that the sentence was selectively weaponizing state agencies against businesses to target drag performances, saying such decisions should be left to the parents. Yeah, so the corporate press won't discuss what the content of these shows are. It's literally to the male dancers in their like speedos, humping each other on stage. And if you look up Jimbo tits in a box, Jimbo's one literally two male dancers in their like speedos, humping each other on stage.

And if you look up Jimbo Titson a Box, Jimbo's one of these queens, my big fan because drag is transgressive and it's good art for adults. But he's performing with the songs literally called Titson a Box with dancing around with his big Titson a Box. And there's kids there who are like five, six, or seven.

And one of the queens was, the queens were addressing the children, the audience as well. So yeah, if you, and one, the queens were addressing the children, the audience as well. So yeah, if you look at this, this is not appropriate for children, but it's perfectly appropriate as adult, risque entertainment. No doubt, but here's my question.

Five, six, seven year olds aren't just getting in an uber and showing up by themselves. It's the white, why are the parents, taking them there? Because white liberal moms want to show their dad, how progressive they are and they put a man in makeup and they think it's the second coming.

So then here's the question. It's not appropriate for children, although it's hilarious. But isn't it the parents decision as to what's appropriate for their kids or not? Yeah, I would never take any of my kids, my nephew, to anything like this. But if Karen wants to take her daughter to this event, that's her decision. Why would the government step in and tell you what you can and do? You can't do it. You can't do it.

You can't find it. It's a medical to what we stand for. Rob honestly, you can stop it. It's totally. Yeah, Robert, you're getting a little excited. Would you be fine with Karen taking her kids to a bar or to dispensary? Well, being, you can't be under 21, to be in a bar. but that's what he that's what the Santa's trying to do is saying You can't be under I think it was 18 to show like this

I don't know I thought the whole premise of the Republican party was limited government and being able to do what you want to do again I'm not defending what's the way I think it's fucking absurd That's the But is that a parent isn't it the well it used to be now in that wasn't I don't know about limited government Yeah, all 21 for alcohol and and things like that. I don't think that's not secret It's a limited government. You're right, but I don't think that one really applies her You're telling me that the Republicans don't stand for the limited government and getting out of here I don't get out of your life in your bedroom. No, they don't they don't know there

But but that was the whole premise. No, no, no, no, no, no. They don't, what are they? Where am I getting that? Keep going where you're going. Stay on the art because that is the argument. The argument of some people on the left will be, isn't the right, the freedom of speech, and not censorship.

Why are they censoring this? Your argument is, well, this is an aid, same thing with a dispensary. Can a care and take their kid with a dispensary, can a care and take their kid to a dispensary and buy. So, are you saying, is there a law for age right now where this is illegal? Was there a law broken for this?

I'm not familiar with exactly this case. You find that for law was broken. My point being, it is not at all crazy to me that there are mechanisms in place where children are not exposed to sexual explicit material Yeah, I think there's a lot of historical precedent They culture precedent They used the phrase violation and they were stating an age so I assume

That the dissonance administration was acting on something that was precedent. I'm assuming go go back up The business has 21 days what go back up all the way up. Yeah, the business has 21 days to request a hearing. Beth, a spokeswoman for the department told inside our Amazon General's Convention hotel liquor license still on effect and set that the hotel was reviewing the complaint. Third party operator manages the night centers, a program and ticketing while the whole a third party operator manages the night centers programming and ticketing while the hotel provides

food and beverage just concessions. Republican governor said widely considered to be an amount in prison, she said, sexual abuse. Yeah, what I want to know is what law was broken. Okay, because these are two different conversations. What law was broken? I think it's more like if you're going to be serving, I'll because he took the liquor license.

He didn't put anyone jail. So I think the premise is if you're going to have a liquor license establishment, you're not allowed to have underage people, but that's not true, though, because when I go to Armenian weddings, trust me, there's a lot of liquor and there's plenty of kids around. But maybe those laws aren't being enforced in those situations. But one more to your point, we could all wrap our heads around, kids not being able to go to strip clubs or to chippendales, right?

Doesn't mean they shouldn't exist, they should be banned. So I think this is just kind of more of the same, but in a gay context. Yeah. And again, I'm not, I would never take my nephew to anything like this. That's not for me, but I'm just given the counter argument where it's like, okay, what's acceptable and not?

So if you go back to that video, it's like, where do you draw the line? Like, let's say kids wanna go see a clown? Or you wanna go see a magician? Right, go back up. Go back up. Yeah, right. The fundamental tenet of First Amendment is that the government should not punish people simply because of the disapproves of the content.

Their speech yet the decision will harm a business simply because it's supported speech of government. Speech to government doesn't like. Right. Legislation of Providence Assembly including Florida has targeted a drag performances with. This year, Tennessee becomes the first to ban adult performances including drag. Okay, but that's where I'm going with it. Where I'm going with it including drag okay But that's where I'm going with it where I'm going with it is the following here's where I'm going with it

great If you want to take the license away rather than taking the license away do what Tennessee does ban Adult performances including drag from public spaces such as parks and schools. If you want to do that, with kids being present, make that a law. But if it's not a law, they didn't break a law. If they did break a law, and you revoke their license, fine, it's a law, I don't know if it's a law or not.

If it's not, and you do it, then you give an argument to the other side to come in and say, well, aren't you doing this? Aren't you doing that? I tell you, we're for not censorship, all of a sudden. First of all, yesterday, I'm talking to Frank from Gays against groomers I don't know if you're familiar with Gays and

groomers you do a very good job and Frank and I were trying to get a time he's the executive director to get him on the podcast I'm looking for what I have the conversation with them for him to give his perspective on how he feels about this these guys do very good job and I want to learn more about them you know if it is a law then you can prevent the kid you can. You know, if it is a law, then you can prevent the kid, you can enforce it. If it's not, parents are uncomfortable with, you know, drag queens being shown to kids.

But then your argument is, well, shouldn't the parent have the decision? The kid didn't get an Uber go there. It's the parent's decision. You want to take your kid and watch a scary movie or something, you took the risk. It says, rated R R except with what? Parental guidance or PG-13, but if you got parental guidance, whatever you can go watch

the movie, the parent took the risk. This is a form of that is kind of what you're saying. But I think this is more like X, though. It's what? It's more like rated X where you can't take a kid to a porn O. I don't think it's soft porn because I don't think there's anything, I don't think it's soft. I think this would probably be considered rated R. Even NC 17 is when they show, you know, to getting naked and, you know, but I think this is an R thing that the parent took the risk.

Regardless of it, regardless of it, trust me when I tell you this. The saint is taking the position. The people who are saying, I can't believe this, he was never going to get their vote anyway. So he's not losing or gaining anybody there, but the people that were sitting there, that were for him, who are parents with kids are like, dude, I don't care whether it is or it's not, I like the fact that it's defending some like this. He got those people that will support him, which is that's the vote you want anyways. And this is, I mean, look, there's no secret

that DeSantis has his whole agenda is the war on the woke. This Florida's where woke comes to die. DeSantis is basically revealing his playbook for 2024, okay? Anything to trans, I'm out on that against it. Boom, Ukraine, we're getting out of there. He's revealing what he stands for and he's delineating between himself with biden with trump and he's just he's showing us who he is and by the way i don't i don't think many people would

agree that they want young kids around trans stuff i think there's going to be over fifty percent majority of their gonna support this i think my only question is isn't it up to the parents to make that decision not the government question is isn't it up to the parents to make that decision? Not the government. Well, I think it depends on how comfortable you are with what kids are being allowed to see. Because at a certain point, everyone would agree that if you're giving a kid drugs or alcohol, we're going to take that kid away from the parent.

On the other hand, if they're just showing them always sunny and Philadelphia, very few people are even, that's not appropriate for a kids. Amazing show. Yes, very few people are going to say, all right, always sunny in Philadelphia. And, you know, very few people are, even that's not appropriate for kids. Amazing show. Yes, very few people are gonna say, all right, like, let's call CPS. It's not a libertarian argument. That's the libertarian argument, no? I'm just, I'm just, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, that majority of people aren't for the trans stuff with kids, but this is constantly being portrayed in the corporate press as just simply anti-LGBT. They're not acknowledging or

addressing the content of these shows. It's not a guy in addressing some nice song and it's nice wholesome family entertainment. It's explicitly, sexually, a suggestive performances and sexually explicit material. And that is very different from how, if you watch the view, you're going to perceive what's happening. Yeah, by the way, again, for me, if you're campaigning, you have to take some risks. Yes. And the synthesis is taking the right risks. Watch two conversations he's in, which is exactly what you need to do if you want to create

momentum. One, you got Republicans to vote against you and disagree with you, Rubio, Haley, you know, what a chaining, yeah, Ukraine, phenomenal, you have one position, that's a risk, the other one. Hey, we're doing this to these guys, that's a risk. Who am I gaining? The millions of people that are also asking, why are we sending all this money to Ukraine?

Well, we have a bank going out of business here. Why are we having our kids be exposed to transgender? I'm sorry, I'm not good with this. So I think he's taking the right risks. There is risks, he has to take it. What, if I ask you right now, what's Nicky Eilie's position? Give it to me. Give me one risk Nicky Eilie's taking, what's her position? Give me one risk Mark Rubio's taking, what's his position?

Give me one risk Liz Cheney's taking, what's her position? The only risk Liz Cheney took is what? After the comments being made about her father, he turned against January 6th. That was a risk she took because she'll never get mega, but this chained is better off today becoming a Democrat than staying a, you know, what do you call a rhino Republican? I don't know where you put it where she's at.

The risk she took, that is also risk, but that's a big risk. They thought Lincoln Project was going to be bigger than it actually ended up becoming. Well, not necessarily. I think she got crush in her election. She didn't win. Yeah. The risk reward didn't work out for her.

But we, it kind of did because we all know her name. She's very well positioned to get a book deal to be a pundits. If that's what you're solving. Yeah. You're right. If she's solving, being a congresswoman, then it was a horrible risk. Yeah, but I mean, she's got the chaining money, chaining name. She has other paths to power.

If she wants to get her show on MSNBC, she just signed that deal, locked in. Exactly. I would like to do, I would like to do two business stories and then we wrap up if that's okay with you guys. Tom, Mark Zuckerberg on How To Run A Company in 2023. This is a Wall Street Journal story. Mark Zuckerberg has announced an update vision

for the company in a year of efficiency focused on cutting costs and improving productivity. That this comes after a year of slow growth and economic uncertainty. The company plans to cut 10,000 jobs over multiple rounds of layoffs while leaving an additional 5,000 open positions unfilled. It will eliminate middle management and flatten its corporate hierarchy by converting many managers into employees with no supervisory responsibilities. In other words, an anarchy, low priority projects will be canceled and internal tools will be strengthened to help software engineers write code faster.

The company will also pause new remote work applications and request to transfer to another office through the first half of the year as some employees have performed better. In person, however, Meta is committed to allowing both remote and hybrid work, Tom thoughts. I found this to be like the death of a thousand cuts. He's pouring money into this hole called the Ukraine war. I mean, I mean, so he's doing that. And then they've laid off some people. Now, wait a minute, we have to, the year of efficiency, it's just year of job cuts.

He's trying to align what was this bloated cost with the economic reality, the revenue of the bringing in, cutting 10,000 jobs and closing 5,000 open jobs. It's, he's basically, he's showing that this company has been completely caught out and now he's having to walk back and re-optimize. And he's not getting any number one. And the reason you're having to do that, he's not getting any traction on the metaverse. But actually they had a pretty good Q4 that showed signs of light that with the right number of folks, they still are a volcano of ad money, which is good. But the humor's part for me is pausing new remote work applications.

So let's just read that. Pause new remote work applications. No one is getting permission to work remote anymore. And then some employees that perform better in person and then to quell the revolt before it happens. However, we're committed to allowing both remote and hybrid work. So I think Mark is sort of an enigma wrapped in a contradiction these days. Michael. I don't know that, listen, I'm no Mark Zuckerberg.

He knows his business and his company infinitely better than I do, but from my understanding of social media and social media dynamics, I don't know how you turn the ship around, because one some internet, social media site is regarded as kind of updated or grandma, it becomes a lot harder to get the kids,

which are what, you're kind of like cigarettes, right? You want that young generation to kind of keep it going to sustain it. I've been on Facebook in a couple of years. I know for a lot. I got I don't know Joe. No, it's if you go to do you use Instagram or no? I use Instagram.

Facebook.com slash Michael Mouse. You could see my last post a couple of years ago. It hasn't hurt. It hasn't hurt my why haven't you know what's your what's your reason? I I was it drove me crazy that he changed it it so I couldn't see everyone's updates in a reverse chronological order that you're gonna curate my feed for me. It's like, this is what I want. I want to see everyone who I follow, you'll see all their posts.

How many fans you have on Facebook right now? I have no idea. I'm sure thousands. Can you see the number? Well, you don't have a fan page. That's just your personal. Do you have a fan page or no? I don't have a fan page.

Let Michael, I think you ought to consider having a fan page. Let's just your personal. Do you have a fan page? I don't have a fan page. Let Michael. I think you ought to consider having a fan page. Let's somebody monitor it. Not even you doing it. Have somebody add your clips. Only reason I'm saying this. If it's not important, don't do it. You are a brand that could generate an additional 10 to 20 month off of Facebook. It's important. You don't worry about it, but you'll grow up on on Facebook and their monetization is actually working effectively, but could point to say who's even using that, right? That's kind of what you're saying. Right, exactly. And it's certainly not like something that's regard as a cutting edge or hip-roaring thing. Yeah, I'm really, how do you do that? I don't, it's very hard. Yeah, how do you do that? How do you, Tom, the question becomes, he makes a good point.

How do you make it cool again, right? Because to me, you know, you know, sometimes a parent screwed up with the kids and they try to win the kids over and they lower the standards. Well guys, moving forward, you don't have to make your bet. Thank you. You didn't improve your situation here, right? Hey, moving forward, babe, in our relationship, I will be more, you know, XYZ. No, no, you didn't make yourself more attractive. I think there needs to be a vision that's attractive to get a new market. make yourself more attractive. I think there needs to be a vision that's attractive to get a new market. Facebook is officially the company that buys companies right before they're about to blow up and that's the brand. And you've talked about that before, but how do you make Facebook cool again? That's the trillion out of question. I don't think you can because you know those little

you know that they're on t-shirts and everywhere and it shows evolution where you have the the primate and then he slowly starts to stand up and then he's walking. Well, basically you can look at social media like that and you've got AOL, the new-get-friends, or the new-get-my-space, and you got Facebook. I don't think you go back. I think once a new generation decides that that is the archa- Social media has proven. Let me say that as proven, that once a generation turns its back on the prior and goes to forward, that's it. I mean, ask the people at Snapchat who are sitting there every morning at church praying for TikTok to be shut down United States so that they have a chance to be rejuvenated. I don't think you turn it around Pat. And that's why he doubled down on the metaverse. Call it dumb, call it smart, call it what you will, but he's doubling down because he needs

a new play. Now they're coming out and saying, we're going to make this open format messaging platform with interrelated relevance to the messages. Okay, so why don't you just say you're trying to make a Twitter competitor at some point? And that's what you're working on in the back room. I don't think you can turn back the clock. Yeah, so I think you can.

I think you can, and I think you believe you can as well. But I think the gift Tom, the gift of doing that mark doesn't have. Okay, just like, you know what truth social needs, first of all, they need a Trump, they need it, Elon to not buy Twitter. That screwed up truth social. The day he bought Twitter, it's over with, right?

That was game over. Yeah, sure. But take Cheryl Sandberg outside of Facebook. What's Facebook? Nothing. Take, look at the names I'm about to tell you. Take Cheryl Sandberg out. It doesn't have the value of shit in it has.

Number two, take who's the guy that came from Napster? What was his name? The, the, the, the, the, Sean Parker, Sean Parker. What's the vision? Sean Parker was the vision.

Okay, Cheryl Sandberg was the money ads, the, the, the, the, the, the, the, whatever the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the one the last those guys were the idea who's suck is an operator and an executor and a driver that's what he'll do but he's not that guy so I think he needs to find the next give you a perfect idea most people when you think about Fox News You asked the average person Fox News who's the founder of Fox News They're gonna think the guy that's the founder of Fox News is who I don't know if you have Roger ale they havedoch. No, no, if you have no idea. Roger, Ale. They have no idea. They have no idea.

They have no idea. They have no idea. The guy's Australian. We don't know Australian accent. Ruben Murdoch is an Australian government and Australian accent. What took Fox to be a behemoth was a guy named Roger Ale. You take Roger Ale's out, it's not going to happen.

The best thing Zuck could do right now. The best thing Zuck could do right now. The best thing Zuck could do right now. Stop coming up with ideas. It's not your strength. Go find the biggest badass innovator creative that wants to prove a point. Give him a fat salary with a big upside. Let them come in.

Rather than coming up with ideas, go find your Roger Eels. Go find your next Sam Burr. Go find your next recruit this is recruiting season I think the approach he's taking is not gonna work out because he's not a vision guy he's an executor and by the way sucks are very very hard to find very very hard to find there's a reason why he's worked what he's worked but he can go find the other guys they're out there I don't know a single person and obviously that's a very bad metric for it to say something like this.

I want to put that caveat who's on the metaphors or spends time there. Exactly. And I, my friends are big influencers in very many fields. If I don't have one data point to the contrary, that says something. Yeah, so that's my, I may be wrong.

All I'm saying is go recruit a guy like that. You have plenty of money and attract the platform to give it to somebody. And by the way, that guy becomes a savior. Just 20 years ago, not even 20 years ago, in 1976, when did Apple get started? 72 or 76? What year did Apple get started? 1970, what? What year does it say? 1976? Okay, April fools., 1976 pretty wild. So they get started 76 and an accident to a millionaire book comes out Trashing good jobs, right and then what happens to him? He gets fired and then apples about to die Scully the guy that he brings from Pepsi ends up getting firing him, right?

Jobs goes to Home fries what do you call it? Pixar and he sells Pixar to who? Disney. Then Apple comes in. You start working the next computer. Next computer. Yes. So then they come in, then they bring them back, and then boom, it takes off. I think Facebook needs to go find a recruited talent. By the watch, what happened here yesterday?

It's a 16 hours ago. US threatens ban of TikTok Chinese owner, don't sell stakes. Okay. This is all over the place. Axiots wrote it, Chinese owner, don't sell stakes. Okay, this is all over the place, Axiots wrote it, NBC wrote it, they wrote it. If, and this wasn't, this isn't something that was started by Trump proposed this, and I don't know if you remember at one point,

there's a bunch of people that were gonna buy it, you know, I don't know what to come. Twitter was, I think one, there was a couple of companies that were gonna buy this guy. TikTok. I wanna say it's not a bad buy, but for Facebook, but I don't think it's a good buy for Facebook, because it already got it since the grant. I think this is a very good buy if Elon Musk's TikTok.

Well, I don't think it matters who owns TikTok. I think it matters what TikTok is connected to. And if Elon buys it, he'll find it'll be TikTok files, and you'll see everything. If they force, so he would pull it out of there. Tom 100% pull out the China. Look at what Vivek Ramaswanis campaign is right now. You know what he wants to do? Did you hear what he said yesterday? Yeah, he said a lot of things.

I can you go to Twitter real quick? Here's what he said yesterday, which I found very interesting. So you know what Vivek wants to do Here's what Vivek wants to do what Vivek tweeted yesterday this the kind of stuff that your your your life is on the line So let me find this tweet here what he said he says if you vote me in He wants to do To the US government What Twitter Twitter Elon Musk did with Twitter files. I don't know if you know what I'm saying.

They put up six feet under two seconds. Of course they would. So he came out and he says, I will be exposing the FBI files at this files. It's a very, you know, what's the word utopian ideas that have? I don't know. He better not walk through the kitchen

at the ambassador hotel. Yeah, what are you talking about? He is, he's got guts, he's got audacity, and I don't even mind right there. Just as Elon Musk did at Twitter as president, I will relieve the state action files on the federal government exposing every instance where the feds pressured companies to take constitutionally prohibited actions.

I like this. This is good, but if Elon buys TikTok, combine TikTok and Twitter, I don't know, there's something attractive about that, but Will Biden and his camp allow TikTok to be sold to Elon, you know, that's not gonna be happening. They're gonna get in the way. So whoever buys it has to untangle it from all that.

Yes, that word, by where? It's reappearing. The untangle, yeah, it's like it's Chris Rock's favorite word right now. So anyways, I don't know what's gonna happen there, butearing the entangle. Yeah, it's like it's Chris rocks favorite word right now So anyways, I don't know what's gonna happen there But that was the one story time. I'll do the mortgage story and I'll give that one to you and we'll wrap up so page eight let's see here Mortgage demand rises despite volatile interest rates. This is a CNBC story mortgage demand increase for the second week in a row with the total application volume rising By six and a half percent compared to the previous week according to mortgage bankers association despite mortgage rates being higher mortgage applications to purchase a home increase by 7% for the weekend homeowners home buyers concerned rates will continue to rise however applications to refinance a home where a 774% lower than a year ago it's a number. The average contract rate for 30 or fixed mortgage

with conforming loan balances decreased to 6.71% from 6.79, that's not a big number. But rates were largely higher for most of the week before drop in sharply on Friday due to news of Silicon Valley bank failure. So is this like Tom, just a small little movement here? Is this like, you know, what do you think this is? Yeah, this is a blip and I dove into this because I saw the headline on like, what the hell, you know, and to find out what it is. And this was CNBC making a headline

where there really isn't one. And I dove into this stuff that I know all of was talking about. And what happened was there's always buyers right on the edge. Even in a bad market, there's a percent of buyers that are right on the edge. And when they saw the madness happening with SVB and they hear, you know, the weak priors what really drove it. It really was an SVB. It was driven the weak prior when everyone was trying to talk Powell, you know, buddy, you don't need to do 25, you need to do 50.

And it was Larry Summers on the weekend. And all the weekend news shows Larry Summers says he really needs to put a half a point on this, not just a quarter point. People on the edge were reacting to that saying, well, if we're going to do it now, we better do it now, take 6.71. Otherwise, it's going to be seven. This wasn't the market moving back to buy houses. This is people on the edge pat.

It's on a blip, they jumped in, they locked it 6.71 and they bought some houses. And also there was an increase in sale of newly built homes in that last week, which is temporary because you know what that was? If you're a home builder, like toll brothers or a linear pat, what can you always do? You can use part of the home price to arbitrage the rate.

Tell you what, you go get the rate and what I'll do is I'll pay one point. So instead of 6.75, you'll get 6.25. And so home builders pushed a little blip on that too. But this is a blip, this is not a change in the mortgage market, according to everything that I do have into. I'm not particularly informed in this specific issue, but the housing market has been historically kind of boom and bust. I know Austin, specifically, the rates,

the furenting and for home ownership went through the roof in the last couple of years. Now they seem to kind of, if you look at Zilla, which I kind of do regularly, all the home prices have an arrow going down. So the market is kind of correcting itself. But again, the mortgage is in banks. There's obviously so extremely interconnected that if banks start failing, this is going to have some kind of cascading effect. I'm just wondering what the mortgage brokers are telling their potential clients right now.

Because in any sale, it comes down to what urgency and scarcity, right? So, hey, you know, the rates just dropped. They're not going to drop anytime soon. You see what pals doing out there. The rates are expected to go up. You're lucky if you get it at six and a half at this point. That's a great point. I know, hey, you know, we can't go back to a year ago where you could have got three and a half.

You should have chose then. Now we're at six and a half. It could be seven and a half next year. Time to go, time to go, time to go. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I know. I half. You should have chose then. Now we're at six and a half. It could be seven and a half next year. Time to go, time to go, time to go. I know. I know. I know. Fleshing around the corner.

I read it was a blip and that's exactly if I was in Morgan's broker what I'd be saying to people. We don't know where this is going to go but it doesn't look good. You've been right on the edge here. Why don't you pull it through down the hall and let's get you locked in. Yeah, but you know, if I'm that guy that was looking

to buy a house a year ago and I missed the rush and I could have gotten a three and a half. Now you're trying to sell me on six and a half. Yeah, that's an uncomfortable situation. You're gonna say something. No, no, I completely agree with this. It's trying to be an australia. Gang, this has been a blast.

Two things, one, go order the book. The white pill came out December 1st, five stars. By Michael Malice, let's put the link below in the description as well as the chat for people to go pick up again. Go pick up the book, White Pill, Michael Mellus, a tale of good and evil. I got a surprise gift as well for you. It just arrived your gift two days ago and I rather than doing it on your birthday, you were out of town. I want to do it right now before it's too late and I know

your birthday was a minute ago, but it just arrived. Can we open it? Don't get this gift for this guy? I think you're gonna like time. I want to do it right now before it's too late. And I know your birthday was a minute ago, but it just arrived. Can we open it, don't get this gift for this guy? What is happening? I think you're gonna like it. I hope you like it. This is a, uh, uh, uh, uh, uh, It's a gift. Dude, put it behind him so at least the audience can see.

Hopefully he likes this gift. Oh, bro, are you freaking kidding? Open it up. Open it up. Open it up. Let's see if you like this gift or not. It's my birthday today. Ha ha ha ha ha ha ha.

We ordered a bed for your wife. Ha ha ha ha ha ha ha. You're gonna get a bed for your wife. Yes. All right, let's see. So the reason why I got you this gift is for obvious reasons. Okay, so this is a Isaiah Thomas autographed jersey

for Adam Saus, because Adam grew up your pops, Detroit, happy birthday, buddy. That's the bad, beautiful, that this is such a sick gift. Isaiah Thomas, everyone was a Michael Jordan guy, everyone was a Larry Bird guy, I was always Isaiah. I like the hipster aspect of that. Yeah. Thank you. This is I appreciate that. What's crazy? I only own one other Jersey and it's an Isaiah Thomas. Sure, but it's not frame. Not you. You would have put it up. Put it up. Put it up in your bag. Isaiah, if you ever see this, Zeeck.

Put it over your back. I put it over your cell. Cool. All right. Anyways, we had a blast, Michael. Once again, thanks for coming out. I know it was too early for you, but we had a good time. Hopefully we woke you up. And I know you woke a lot of us up as well. Florida's where woke goes to die, apparently.

That's true. Well, it used to, but it's changed. It used to, but it changed. Anyways, gang, have a great weekend. And we will do this again next week. Take care, everybody. Bye, bye, bye, bye. it's used to but it's changed.

Anyways, Gank, have a great weekend and we will do this again next week. Take care everybody, bye bye bye bye.