PBD Podcast - Save Your Money! The Housing Market Loses 2.3 Trillion In Value w/ Home Team | Episode 239 | Part 1

Episode Date: February 24, 2023

This episode was filmed in front of a live studio audience.  In this episode, Patrick Bet-David and Home Team will discuss: Morgan Stanley on the recession  The housing market loses 2.3 t...rillion in value  The top 5 dirtiest cities in the US The New Palestine scandal  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

Transcript
Discussion (0)
Starting point is 00:00:00 Ladies and gentlemen, are we ready to start this show? I can't hear you! And now, coming to this stage for the very first time live, make some noise! Make some noise make some noise Coming up first to the stage Okay, from the bottom like body reach cock it back, but they probably miss it. Yeah, it can't you my crop never look. Yeah, I felt got back up next Comedian extraordinaire Vincent oh And last but certainly not least, the sauce man, Adam sauce news. And now the moment that we've all been waiting for, your host with the most standing at 6'4,
Starting point is 00:01:26 weighing in at 240 pounds, Patrick, Pat, David! Brother, let's make it. No one gave me nothing, I take it. Friends of family, thinking crazy. Cause I never faith that. It's just so amazing. Cause most of them told me, Doggy trips, they couldn't see the police. How you doing? Yeah. This was wild.
Starting point is 00:01:56 So it's crazy because we bought this building. My dad said, you got to buy this building. We bought this building. For one year, there was nothing going on here. Literally we have nothing going on here for about a year. And a year later, we said why don't we turn it into a comedy club. And then from the comedy club, where's Robert? Rob, when do we decide on turning the back into a cigar lounge?
Starting point is 00:02:20 How long did it take us to build it out? Some of you guys are going to see it. That back there is a cigar. Give it up to Robert by the way. Robert! Shout out to Robert and the team. OK. What do you think about this structure, this idea?
Starting point is 00:02:34 You like this idea? You like this whole concept of what we're doing? We're going to see what's going to happen with this, quite frankly. One of the models we live by is we have no clue what the hell we're doing, but we know exactly why we're doing it. We have no clue what the hell we're doing, but we know why we're doing it. We got a lot of crazy stories to go through today with you. The team's been very prepared. For the audience out there that's watching us on podcast, we wish you were here with us.
Starting point is 00:03:03 There's a couple hundred people in here. By the end of the podcast, we're going to turn off the camera. We'll do some questions with the folks here. I'm sure you're going to have some questions you want to ask. We'll have some of that interaction. By the way, can we have the lady stand up? I just want to get a ratio of men versus women. The audience.
Starting point is 00:03:19 Okay. We're increasing. We're increasing. This is good. Thank you. Grab seats. It's not. Here's a question with is good. Thank you. Grab seats. It's not, here's a question with the ladies that are, how many of you are here because your husband forced you to be here?
Starting point is 00:03:30 That's the real question. Okay, that's what I'm talking about. Good. Fantastic. How you guys feeling? You doing good? And how many of those women are single, though? I think most of them are probably taking only one.
Starting point is 00:03:40 Yeah. So, I'm going to the back. Okay, we're good, too. I'm really. I'm really. I'm really. I'm going to the front. I'm going're good too. I'm really excited. I'm really excited. I'm really excited. Mom, I'm on the chair for it. Okay. All right, so we got a lot of things to cover.
Starting point is 00:03:49 We got a lot of stories. A few things that we will go through. Rob, you got to remind me to do the sponsorship in about 10 minutes every time I forget. So if he forgets, can you guys remind me? Make sure to do the sponsorship that says, Rob, remind me here. My wife is here as well. Jen, can you please stand up so everybody can see? Jen, here at our first one. Awesome. Okay, so we got a few stories. Morgan Stanley Deanwooder says the market's gonna go down 26%.
Starting point is 00:04:16 2.3 trillion dollars of equity lost in homes the last 12 months, 2.3 trillion dollars of equity loss in the last 12 months. We're going to talk about the 530th cities in America. Some statistics on the leading cause of death for kids today versus what it was 40 years ago, the stats that came out. First of all, when you see the chart, will you shell shock when you saw that chart? You will be shell shock when you see this chart on what the stats of Kids dying today the age they give as well Anybody heard about what happened with that the five consultants flying in from Little Rock, Arkansas Out to Ohio East Palestine. Did you hear about the plane crash or no? You haven't heard about that way to we show you this clip on what happened there
Starting point is 00:05:01 There is a very Deep concern I have that New York Times is about to be canceled because they're actually telling the true stories. They talked about masks, so it's a very something maybe we'll talk about what they said about masks. And then we're going to talk about Trump versus DeSantis, just out of curiosity. How many guys are Team Joe Biden, raise your hand, make some noise? I saw two hands almost go up.
Starting point is 00:05:29 You can't do that. You got to say, make some noise for Team Joe Biden. Nobody's willing to do that. That's one. I make some noise if your team dissent is. Really? I make some noise if your team Trump. Yeah!
Starting point is 00:05:48 Would you say 50 or 50 or Trump slightly louder? Trump's 60 times louder. How about team Newsom? It's really, it's pretty wild. It's going to be an interesting poll. We'll do it in a minute. Okay, let me read the story to you. And then we'll get right into it. So the first story we're going to do is Morgan Stanley, if you want to go to page nine, Morgan Stanley Dean would arrive. If you want to put this up so the audience can also see it. Morgan Stanley
Starting point is 00:06:16 says SMP could drop 26% in months. Strategies are warning the US equities are becoming too expensive which could cause the SMP 500 to slide by as much as 26% in the first half of 2023. This is not the year. This is first half, so June 23rd, June 30th. Recent data suggests that the US economy might avoid a recession. However, it has also taken the possibility of a Federal Reserve pivot off the table making it less optimistic for stocks. The sharp rally this year has made stocks the most expensive since 2007, according to the equity risk premium metric, which has entered the debt zone. Morgan Stanley's Michael Wilson said that the risk reward ratio for equities now is very poor.
Starting point is 00:07:00 The Fed is still far from ending its monetary tightening. Interest rates are higher across the curve, and earnings, expectations are still too high by 10 to 20 percent. Tom, what are your thoughts on the story? Well, I think what you're seeing here is I'll translate this into plain English. Morgan Stanley doesn't think that the economy is getting better, and it's going to be represented by a market drop. In plain English, you could take a look at what happened just a day ago. The market everybody see about a day ago, the market dropped 600, 700 points, like in one afternoon, it was triggered by Home Depot because Home Depot talks to home renovations.
Starting point is 00:07:35 Also there's a large percent of Home Depot earnings that come from when you buy a home you get rugs, windows, drapes, paints, you need a lot of stuff, new lawnmower, all these things. Home Depot came out and said, yeah, fourth quarter wasn't that good. And we don't think 23s can be very good. At that moment is when the market dropped because they were really scared about what's happened in retail. Morgan Stanley is looking at it and saying, hey, you know what?
Starting point is 00:07:57 This thing could, this thing is fragile. How fragile? Home Depot makes an announcement by noon and by afternoon, you've lost 600, 700 points. So what Morgan Stanley is saying is that the economy is more fragile and they think there could be a real drop and we just saw it live. Walmart came out that afternoon too with some kind of bad news and there it is live for it. It's a very fragile economy. It's what they're saying and they see it could drop 26%. Adam what do you think? This is Morgan Stanley right I'm gonna use the by the way
Starting point is 00:08:25 Hi everybody great to see everyone we have a great looking audience yeah here only moly Yeah, let's just give some credit to the audience looking our audience looks way better than I thought Even you Trump supporters out there you look way better than I thought oh I Think in the immortal words of Big Lebowski Morgan Stanley that's like just your opinion man. So, we see whether it's Goldman Sachs and Morgan Stanley or the Big Banks, the wirehouses
Starting point is 00:08:52 or Credit Suits or UBS, everyone has an opinion. If there's anything I've learned about the economy and the financial markets, nobody has a F and Clu what's going to happen. I remember when COVID happened and what was that March of 20, right? And the economy tanked, and I'm going to group chat with all my buddies, and one works for Goldman Sachs. And we're all like, dude, what do you think? He's like, well, I actually sold all my equities a month prior.
Starting point is 00:09:21 And we're all like, what the fuck tell us, dude? What happened? And what happened six months after that, the economy, the market bounce back tremendously. So I think what we've seen as far as the, by the way, how many people invest in the stock market here at the show of hands? So like the majority of the room,
Starting point is 00:09:36 who's like no way, I don't mess with equities, I'm all real estate commodities. All right, so a couple of Biden voters out there, like a couple. But what we've consistently seen is anytime there's a bear market, which we just saw COVID exactly, a bull market follows right up after that, time after time after time. So at the end of the day, you have to figure out what your age and your asset allocation is. So the majority of this room, good looking people, looks like in their 30s, 40s, 50s, maybe anybody retiring
Starting point is 00:10:06 or like trying to pull out their 401k money anytime soon? I doubt it. So maybe you got to talk to your mom, shout out to Vinnie's mom in the house right there. Watch your 401k, mama. But if you're not pulling out of the market, if you're not selling, if just like if your home equity goes down 20%, stock market goes down 20%.
Starting point is 00:10:22 If you're not selling, it's called realized gains. I wouldn't make necessarily me a concern. Maybe you have an asset allocation strategy to be a little bit more conservative, but this is not a major worry for me. Well, how about we go into the next story, which kind of goes together with this, $2.3 trillion in value loss and equity in homes. How many of you have felt it? Have you felt losing equity in your area or no? Have you guys felt it? No. Yes. Can you raise it on if you are? Some of you guys are in real estate. You're not. How many guys have lost money equity in your home but you don't want to admit that the fact that it's lower than what it was six months ago? Okay. It's a different camp to be a part of Rob. I noticed a lot of head nodding but not hand raising. Housing market downturn wipes $.3 trillion dollars in value as experts predict prices could still tumble another 10%
Starting point is 00:11:10 The total value us homes has fallen a record high 47 trillion dollars. I'm sorry 40 2 that a record high of 47 trillion and June collective Value to now 45.3 trillion and June collective value to now 45.3 trillion, representing the largest June to December drop since the subprime mortgage crisis in 08. Though home prices are up 1.5% over the past year,
Starting point is 00:11:36 the median price has fallen about 11.5% from a Pika 433 in May, 383 in January as higher mortgage rates drive up, borrow on costs and sideline potential home buyers, last week, US home purchase applications fell to 28 year low. That's a big number top. 28 year low to US home applications. Here it is.
Starting point is 00:11:56 28 is what, that's a 1995, 1990, 1995. It's a long time ago, 28 year low. Hardest risk area, hardest hit areas include regions adversely affected by waves of technology layoffs and skyrocketing prices during the pandemic include San Francisco, Oakland, New York. San Fran is down 7%, Oakland is down 4.5, New York is down a point. Pantheon macro ultimately projects, home prices will fall about 20% from their peak by the end of the year suggesting the median price could tumble another ten percent to three forty six go ahead
Starting point is 00:12:31 on well i just i kind of want to throw this back to you because you've taken a lot of heat for kind of calling this people would succumb up to me or you and say does pat want real estate prices to go down and i think that i raise your hand if you've heard Pat talk about this on the podcast. So raise your hand and you're in real estate and you still should know that. That's the real question.
Starting point is 00:12:53 Yeah. So every realtor is gonna say, no, the market's fine, it's all good. Great time to buy, it's like really. You just bought a house a year and a half ago. Yeah. Top of the market some would say. Yep.
Starting point is 00:13:08 So what's been your strategy and you're not anti real estate, you want the market to go up, you don't want it to go down, but you're also a realist. So what's been sort of your outlook strategy of why you did a whole wealth, generational wealth, real estate, you've done a couple of webinars like that. What's been your mindset when it comes to real estate? 15 years is the last time we had a market crash. That's a long time. 15 years.
Starting point is 00:13:31 Oh, wait. We haven't had one for a long time. We're overdue. We've never had a season where more fake money has been pumped into the system like today. We have a lot of fake equity. We have a lot of fake success. We have a lot of fake millionaires.
Starting point is 00:13:44 And too often fake success or fake millionaires is just like somebody winning the lottery. You don't have the identity of it. So you're overspending your over leverage. You have so many different things that you're paying on, you're concerned, you're afraid when a buyer comes in. Like the other day, we were looking at this property
Starting point is 00:14:04 6,500 federal. Let's down the street, a block away. We want to look at it. They bought this property in 08 for 13.5 million, commercial real estate. So we go look at the property, beautiful place, 54,000 square feet, UNI went in there, Rob, UNI kind of very much so went in there,
Starting point is 00:14:22 and looked at every single floor, and we come in with a suit, the ladies, can I help you when I think? I said, yeah, we're working with management, we're just checking in this property to see everything good. Yes, everything good, fantastic, thank you so much. We're just looking around, you know. The buyer is asking for eight and a half million dollars.
Starting point is 00:14:40 And you bought it at 13 and a half in 2008, okay? This doesn't mean it's happening everywhere. By the way, 2008 is not a peak. Oh, six was peak. 2008's market tank, 38%. So again, the people who have cash and made the right choices and they're ready for this, they're going to skyrocket and kill it and make the kind of money they've never made before. The people that had a lot of fake success in the last few years and they kept spending
Starting point is 00:15:09 money, they're going to get exposed and they're going to get destroyed. And I don't think this is the end of it. Think about it this way. Right now, who controls the most important knob? Who controls the most important knob? What number is he trying to lower inflation to? Where are we at right now? Six and a half? What is 6.46 point five percent? What is the only thing he can do to lower it?
Starting point is 00:15:33 According to Tom, he wants to go up to the attic and start banging out some interest rates and pounding. Pounding is a better word. How many more times do you think he's going to be increasing rates? How many more times you think he's going to be increasing rates? Right. Well, I agree with what Adam says about analysts because a lot of analysts, you know, words are just words until their numbers. I like to look at numbers. And there's a lot of people from the real estate. I think he was calling you out, honestly, publicly, and I was offended by it. And I would be upset if I were you. I don't like it. But notice what's happening. Tom is starting to agree with Adam a little bit more. Weird. So we'll do something to maybe have a fight today for the audience and things we don't like each other,
Starting point is 00:16:07 but we gotta love a pretty little bit. They really don't like each other. That's the thing. Don't let them for that. That's Mario. Where's Mario? Go ahead, Tom. No problem, the problem.
Starting point is 00:16:15 Screw you very much. Anyway, the, um, the, um, so the numbers that I'm looking at that we see in what you're talking about real estate here is a couple of things. The supply of homes is at the lowest that it's been in about, it's more than that, it's like 20 years, the supply for sale, that's a real number. The number of buyers that are in the market is at a 28 year low, that's a real number. And you hear the real estate industry,
Starting point is 00:16:45 they make their comments and everything. And I kind of look at it this way, saying, I don't only ask the butcher whether the meat is fresh, right? I confirm, I want to confirm it. So when you look at this, and you look at where the Fed is, I think the Fed's got three more rate increases.
Starting point is 00:17:00 And that's an estimate. But the estimate is coming become, we just had a really strong jobs report. And we've had some false positives in certain earnings reports. I mean, if you bought Tesla, if early January, you doubled your money in the last 35 days. Right? Now, it's settled at 200. But there's a lot of those things that are in the market.
Starting point is 00:17:19 Meanwhile, it all comes back and it kind of hits kind of hard. Folks were believing that the Fed was going to raise rates this year, maybe two more times quarter points. Well, just a week to two and a half weeks ago, they threw a quarter point at us. And they're coming back out on March 15th. And March 15th is a date where they will also make economic projections and make all those numbers reports.
Starting point is 00:17:41 And everybody now is looking at it and saying, you know what, I think the Fed's going to raise a half a point and Powell is making comments like he's going to raise a half a point. Right now the Fed rate is 4.75. A half point, that's 5.25. The so-called experts, Goldman Sachs Morgan Stanley, last November, we're saying, well, 5.25 is like the maximum we see and then it's going to be dropping down at the end of the second quarter.
Starting point is 00:18:05 Well, right now with inflation, factual numbers, certainly doesn't look like it's going to drop. And people believe that on May 3rd and June 14th, the Fed's going to put another quarter point based on what we're seeing in the hot drop market, which means that the interest rate is probably going to hit five and three quarters, not just five and a quarter. What does that mean for housing? If it hits there, that means the interest rate, which right now, they popped up. In real estate, we saw pop up over the last three weeks, right in rates. I think rates right now, I'm seeing some nods that if you kind of blow average credit,
Starting point is 00:18:41 you're probably looking at seven and a quarter right now, having popped up on the 30 and the 15 maybe six and a half. And so those rates are gonna be up close to eight. I don't like this news. So people that have said things to pat or myself on Twitter, oh you guys are bears. You don't like the housing market. No, the housing market is people. It's us, it's citizens, it's buying a house, it's getting into something. And these are facts here, these numbers that are not pointing to a rebound in housing in the first half of this year, along with it looks like Jerome Powell is going to make three more trips to the attic to visit the church. Bang!
Starting point is 00:19:19 Tom, what were you saying about the butcher? What was the butcher analogy? I like to say this is I don't just ask the butcher whether the meat is fresh. I also want to confirm. All right, well, and so. And there's a famous quote from the philosopher, Tommy Boy. You guys ever seen this? He said, you can get a good look at a table steak
Starting point is 00:19:36 while sticking your head up, a cow's ass. But I'd rather take the butcher's word for it. You know about this. 100%. So, what I do want to, you guys don't know about that one? They, like, the Tommy boy. He's like, you're a weird woman. Yeah. I do want to, you guys don't know about that one? Shout out to Tommy. He's like a very weird moment. Yeah, he's like a tall spout.
Starting point is 00:19:48 I mean, he must have been up there. He's like pounding up in the attic and Tommy boy. What I do want to do is share a story that Pat will call to the up one day and I live in Miami. And he's like, what are you up to? I'm like, I'm just in Miami. He's like, come meet me at the Hadid building. Remember that?
Starting point is 00:20:07 Which is the... By the way, if you can put up the Hadid building, it's a beautiful building. So it's a woman's body essentially building, right? That's kind of like how they're... It's 1,000, put 1,000 bisgain Miami. When you Google while you make it, you may go to porn, Rajas.
Starting point is 00:20:23 That's right. You've got to show the scene what you put up. You just go to image, Rob just got sure to see what he put up that you see it or it's a beautiful building. So there's over five. That looks like a woman. Yeah, there's the hell kind of girl in your day. Who are you dating? Who are you dating?
Starting point is 00:20:39 By the way, the designer is a woman. She died. The Hadid family, you know, Bella Hadid. Yeah. This is there on, she died. Gigi, the Hadeed family, you know, Bella Hadeed, this is their aunt, she died while it was going on. I actually lived at the building to the right of it and to the left of it. So Pat goes, I could not afford to live in this building. This is like David Beckham lives there
Starting point is 00:20:56 and a hedge phone guy is, it's like minimum, I wanna say $10 million entry. We're trying to get there, but he goes, hey, come meet me at this building. Are you familiar with that? I go, yeah, I lived right next door for 10 years. So we go there and we go to the penthouse, right? Sick unit.
Starting point is 00:21:16 And it was listed at, I want to say $40 million, give or take. And it was actually hilarious. We're on a tour of marios with us and the lady comes to me and she says like so what do you do that I go well you know I'm here with my boyfriend Mario but he says it with a straight look on
Starting point is 00:21:33 his face and and meanwhile she goes to Mario and she's like so what are you and your boyfriend looking for in second I like to mess with Mario a little bit but Pat says no you got to finish the story Mario's like who's my boyfriend? So it's like well you and Adam's just that's not my boyfriend Yeah, so you know what I really didn't see you guys together. I didn't see that. He was I would get a way hotter guy than Mario for sure, but He is shout out to Mario getting married and having a baby like go Mario. I mean amazing
Starting point is 00:22:07 We've got a brotherly love thing going on so we go to this building. It's a $40 million unit if not more and Pat has his realtor that You brought and the unit had their realtor and Pat says listen Let me just cut to the chase or the subpat, kind of negotiates, he says, I'm gonna make an offer. They're like, great, he goes, but it's gonna be very disrespectful. She goes, please don't disrespect.
Starting point is 00:22:33 Don't disrespect with, he's like, it's gonna be a disrespectful offer. And it was listed for 40. I think they bought it for 30. I wanna say, Pat says I'm gonna offer, would you offer 13? 13? I thought it's a fair offer.
Starting point is 00:22:49 13 million cash, 24 hours. Yes, spin your face disrespect. They said no, but I think they countered at what number? 18. 23. 23. And then up selling at 19. And then up selling at 19.
Starting point is 00:23:04 Did it sell?'s so for 19 So here's my point. We're talking about the market We're talking about real estate. Here's a unit that was ridiculous unit gorgeous He even teased me with like what do you think? Can you see yourself living here? And I'm like that don't even play with me right now, so That's just an opinion example of these luxury markets that have I've majorly taken a hit I mean even your situation with your car that, I don't know if you want to talk about that,
Starting point is 00:23:27 but some of these asset prices have been inflated and it's coming down to reality. And I think we should have bought that for 18. But by the way, because you would have taken care of, he would have been a house to the, what a house to the, what a generous house to the, you are right. There's rumors out there that women are doing more
Starting point is 00:23:41 of the working and men are staying at home. I would gladly stay at home. We have a, by the way, that is a story. We will cover here in a minute. But no, you're right. Here's the part that concerns me. A car payment. My dad wanted a car, OK?
Starting point is 00:23:56 So I said, my dad's like, just get me anything. My dad drives a, I don't know how many years he drove that 1979 diesel until the day he said, when this engine dies, I'm gonna die. This is how strange my dad is. The day the engine dies, he thinks he's dying. Yes or no, babe. He went to the hospital two weeks. They said, sir, you're okay.
Starting point is 00:24:17 He says, no, the engine on my Mercedes died. The doctor's like, that's a car. You're a human being. He says, but we're gonna die the same day. No, you're not, sir. You're still living. Anyways, so I said, that let's just buy you a car. You're a human being. He says, but we're going to die same day. No, you're not, sir. You're still living. Anyways, so I said, that let's just buy you a car. You know, let's just buy you. What kind of car do you want? Do you want a, you know, do you want this car? Do you want, no, I just, I just want a regular car. I just want a regular car. Find me, Jen's like, babe, do you know what?
Starting point is 00:24:38 The car payments are on a regular $40,000 car. I said, how much, babe? I can't think in 500 bucks or whatever, right? No, babe, $850, I said, for what? This is if you want to lease a car or get a car today. You know the first thing, do you know right now is the highest car payment, average car payment in the history of America? You know what the number is? It went up 200 bucks in a year.
Starting point is 00:25:01 It went from like 540 to 770 in a year. Middle America's income hasn't gone up 40% or 20%. How to hell are people, $700 right there? The average car payment and the history of America is the highest it's ever been and it's climbing. So why is it climbing? Car prices are not climbing. Car prices use car prices are coming down.
Starting point is 00:25:22 Watch prices are coming down. Collectible cars are coming down. Bitcoin you know coming down. Collectible cards are coming down. Bitcoin, you know where it's at. Ethereum, you know where it's at. So luxuries in every possible way are going down because people buy not saying, this is a million dollar home. People buy saying, I can afford a $6,000 a month payment.
Starting point is 00:25:41 That million dollar home, $6,000 a month payment. Today's $8,000, $7, hundred dollars how do you come up with that additional fifteen hundred dollars if you didn't get the raise so what are people going to be doing with this it's automatic you have to either desperately the people that bought a house that they couldn't afford hoping they're going to make two three four hundred thousand dollars of equity they're stuck right now so imagine if these guys so right now the only indicated that people are ought to be watching closely in Badaway, thank you for the reminder
Starting point is 00:26:07 to go to our sponsors here in a minute. Adam, you're wonderful. Yep, yes sir. Here's the biggest indicator that concerns me. Unemployment today is 3.4%. It's a 60 year low. Unemployment is 3.4%, 60 year low. When you think about unemployment and
Starting point is 00:26:26 Interest rates being high unemployment is low if they lower interest rates unemployment is gonna go up If this 3.4 goes to 4.4 5.4 if we're at 5.4 People don't have income to pay their car payment and their mortgage payment and their bills What are they gonna do? They're gonna have to start dumping what they have and they're gonna dump it for pennies on a dollar because they don't have a choice So that is a my speculation of what's gonna be happening if this goes on and so I have to go to my And I know you want to talk about the five dirty assidies in America Would you get to it? I know you want to talk about Trump and the Sanctus But first let's go to our
Starting point is 00:27:05 sponsors. Okay, so my sister the other day, I get a message on Instagram from her and she says, Patrick, I took this Bitcoin training program and it changed my life. And I'm like, babe, what the hell is Polet talking about? She says, I got the message too. I said, my sister's, she sells insurance, she's part of our company. What do we, she's doing Bitcoin change your life. So I'm like, how did it change your life? And so now I'm communicating my sister. And then she's saying what she's saying. So yeah, let me tell you this program with this girl named Linda. I'm like, babe, who the hell is Linda babe? So finally, I'm like, she's babe. And then a picture is posted of a Tesla. Without her office, it's just a picture
Starting point is 00:27:44 of Tesla. And so my life's been changed. I just bought my dream car, this, this, that, like, Polet didn't buy a Tesla, okay? So finally I said, babe, I call Polet, she's like, Pat, I've been hacked. So I realized I'm not talking to Polet. So I said, hey, that's awesome. I'd love to learn how you made this kind of money
Starting point is 00:28:02 because I got a friend of mine here sitting right next to me. Would you guys like me to read what I told this guy that's trying to hack my Bitcoin? It's so entertaining. You will love it. So look what I told this guy. He was so concerned. This is when you troll the criminals out there. Here's my response. I said I have my friend here who's also wanting to learn. His name is federal agent Huntsman You've met him before at the house. He right now works on internet Bitcoin fraud unit and would like to know as well how it works.
Starting point is 00:28:32 Sometimes these things are fraud and he can look into it, make sure it's not a fraud. They're able to identify IP address and Instagram accounts to identify level of credibility. Just last month his team identified 17 fake Instagram account fraud organizations and worked directly with the local agency in that country who has seen an increase in these frauds and arrested them. Their pros are what they do, Polette. Be
Starting point is 00:28:53 careful. They typically hack and get access to their user ID and password and take advantage of innocent users to trust you. To make sure this is you, please call myself. If I don't hear from you and suddenly I get blocked or don't get a response, it'll tell me this account has been hacked. The FBI will do their part. She got her password the next day by the way just so you guys know that response. A good script to write on when the investors like this. Here's a point. Now with days, whether you know or not, a lot of people's passwords are on the dark web. Our guys have tested this multiple times. Two of our guys, 38 of their password was on the dark web. Our guys have tested this multiple times. Two of our guys, 38 of their passport
Starting point is 00:29:25 was on the dark web. One of our guys was 41. Another person was 44. If you are not taking care of your identity theft to protect it, it's officially number one above robbery. ORA is identity theft protection and fraud monitoring, a VPN password management and anti-virus software. All combined into one easy to use app. You may have one of these tools, but not having all of them is like locking the front door, but leaving a back door wide open, protect you and yourself from America's fastest grown crime, try Aura for free for two weeks
Starting point is 00:29:54 and see if any of your or your family's personal information has been compromised. Start your 14-day trial at Aura.com, forward slash PBD, once again Aura.comcom forward slash pbd the link will be below So having said that Can your FBI friend agent as you fake real get the money that I sent your sister? Yeah, listen one of the best things You remember that I want time that one guy called me and he says yes I want to teach you a Patrick Bay David's a Bitcoin system. Yeah, so I called them
Starting point is 00:30:22 Do you guys remember when they would make the comments? By the way, sometimes people make these comments. So I called them. I said, should you work directly with Patrick Beadevich Bitcoin? We recorded this. It's on YouTube. He says, I work directly with Patrick Beadevich. I'm like, you got to be kidding me. I said, how crazy you see.
Starting point is 00:30:36 And he says, well, you know, he's a, I can't tell you. We can't disclose client information. Anyways, eventually you have to know there's these people out there. If you're not too careful, we went to Angelo's the other day. We're at Angelo's having lunch This good-looking guy who's always good to us he comes and he says hey, I signed up for your program Adam's like what program did you sign up for he says I signed up for your Bitcoin program? I give $200 He said I don't have a Bitcoin program as crazy. It is you're getting a lot of these stories
Starting point is 00:31:04 Can I say one thing about that? He was the nicest waiter. Shout out to Angelo's out there. It's like the best time restaurant, Patty. He's the nicest waiter. He's serving us all, like everything, hand in foot. At the end of the bill, he goes, hey, by the way, just want you to know the Bitcoin program that I signed up for.
Starting point is 00:31:19 It's so, I did that. You got the wrong guy. It's a long line. But it's real. This is like a real thing. I'm like this. OK, so did you want to say something before we go to the 5.30?
Starting point is 00:31:29 No, just get my money back from the reason. OK, so let's do this with the 5, let me do this with the 5.30 of cities. So story comes out pretty well. 5.30 of cities in America, if you want to put it up. OK, can anybody, who's, who's read this article? Raise it if you read this out. Who has not read this article?
Starting point is 00:31:44 Who has not read this? Can you guess? Well, he put is not ready to start can you guess well? He put it up already I was about to say you screwed it up You got a new study by long starter has found that the top five dirtiest cities in America run by democratic mayors I would have never guessed it obviously So surprise what it's not like we brought this up when we talked to a roller martin Which was a fantastic friendly conversation sweet guy to for being here. I respect the fact that he showed up Houston ranked first For the dirtiest city anybody here from Houston by the way anybody we got a couple people from Houston
Starting point is 00:32:18 We love you Houston my wife's from Houston We got nothing against Houston if you got any complaints right to this guy. What's his name? It's Jessica. Jessica Chasmer is writing this article. Houston is the dirtiest city. Followed by Newark, San Bernardino Detroit and Jersey City. These cities were measured across four categories. Pollution, living conditions, infrastructure, and consumer satisfaction. Houston was rated as a dirtiest city and ranked. Third on pollution, fourth on poor living, conditions and 12th on infrastructure,
Starting point is 00:32:52 and 34th on consumer satisfaction. Virginia Beach, the cleanest city in the country is ran by a Republican. Mayor Robert Dyer, the city ranked 149th on pollution and 132nd on consumer satisfaction. Tom, why would this be a factor for cleanest hundred forty-nine on pollution and hundred thirty second on consumer satisfaction tom why why would this be a factor for cleanest and dirty as cities ran by republican or democrat what did they have to do with it
Starting point is 00:33:11 i think when you go to a world of entitlement and you're you're not allowing you look when business invests what do they do they build a building they build areas around the building you're investing in it and when you take a look at all these things this is the outcome of entitlement. Houston, I think, and Rob, you could find this, is like number one in Worcetraffic in America, poor infrastructure investment, they managed to pass Los Angeles, which has had like the World Cup of Bad Traffic.
Starting point is 00:33:38 Four or five freeway. Oh my gosh, it's incredible. And what this is, if you fail to invest in the infrastructure and you're just running on tax and rich and entitlement, you're not really improving the condition of the city. And this is what you get. This is the outcome. And you go down all these lists that people say, this, this, this, this, this, and this, and they say, wow, you know, take a look at this. And I don't think it's a coincidence that it's you know Democrat you know administration doing this dirty I think dirty has to do with politics You think dirty has to do with Democrat or Republican like like before crime
Starting point is 00:34:13 I understand when we're talking crime 27 out of 30 because we talk about the fact that you're funding into so So let me ask you a different question. What can a mayor do to make their city cleaner? What can a mayor do what policies can a mayor come up with to make their city cleaner? What can a mayor do? What policies can a mayor come up with to make their city's cleaner? You know, when you enable entrepreneurship and you enable job creation, people have jobs and you're going to reduce homelessness. So anybody that spend the San Francisco sees with the outcome of chronic homelessness looks like, in LA, you get people off the streets and you have the ability to reinvest in schools and you have the opportunity to do this
Starting point is 00:34:48 you know i it's very simple if you promote economic growth and tax it reasonably you've got money to work with to improve your city it's that simple but not it not being political how then how is it i mean it's technically political because of the top five them dirty cities are democrat and the top five were with Roland Martin, you said that for crime like Chicago, it is. Well, it's all democratic. But to me, the way I go is, if it's crime, I say, okay, Chicago,
Starting point is 00:35:15 got it, what do you do? Well, you don't have guns. You don't have, you know, license to carry, let's just say, or certain way they handle structure for second amendment in Chicago versus another city that's maybe an Idaho or how they handle it here or how to handle it in Texas then you can kind of say fine that makes sense and then hey let's defund the police or let's what's the word the other word for defunding the police it's a acid reallocation of another definition for
Starting point is 00:35:42 defunding the police then you can directly say there's a reason why this city's crime is so high But dirty dirty is what how do you what policies cause a city to be cleaner? What policies yes, please So use jails inmates to help come and clean the cities. Okay. So leverage them to come in and help clean the cities. That's the part, but I wonder if it's on the people, if it's on the mayor. I mean, obviously the leader of the city has to figure
Starting point is 00:36:17 out a way to make a cleaner. Well, what policies do you come up with? Like, is it, you know, like the, how many guys have a city where if you get caught in low-eatering, there's a ticket to it. There's a it, you know, like, how many guys have a city where if you get caught low-eatering, there's a ticket to it. Literally, not like you're, you're, you're, uh, uh, literally. Literally. When you're littering, there's a ticket to it. You guys, you guys, it's that.
Starting point is 00:36:34 Yeah, 100%. But, but, so your second is Pat, just like the, the meter mates, why not have people like on the street, like, I know Los Angeles has safety ambassadors. They don't have guns or anything. They just kind of like, if there is like a, somebody yelling or there's an argument, they come to kind of well. I was hoping to solve all the problems on today's podcast. We're failing right now.
Starting point is 00:36:51 I guess it's just so you know. Well, I have an idea. Well, why don't we get Mayor Pete, who's the mayor of South Bend, Indiana, now the Department of Transportation. Yeah, yeah. Okay. I think there's a new top dirtiest city in America right now, just Palestine, Ohio.
Starting point is 00:37:10 I know they're dealing with a lot with that. I don't think there's any simple fix. Here's what I do know. What do you think the biggest city, the biggest city in the country that voted Republican in the last election Trump. What do you think the biggest city was? Anyone? 200 people here? Nobody's got a big city?
Starting point is 00:37:34 Do you think voted? What was that big? So there's zero big cities that have voted Republican. Zero, the top 50. So think about even the red estates, Alabama, okay, what's this capital of Birmingham, Democrat, Texas, Dallas, Democrat, go down the list. We all know the Republican states,
Starting point is 00:37:56 we know the red states, okay, but the bigger the city, the more people, the more liberal they tend to be, the more open they are to new ideas. Now, some of it is a little ridiculously far-fetched, but the more conservative the city people, the more liberal they tend to be, the more open they are to new ideas. Now, some of it is a little ridiculously far-fetched, but the more conservative the city is, the more that they're kind of like, let's just stay how things are. So I think the bigger the city gets,
Starting point is 00:38:14 the more likely it is to have a democratic mayor or... So you just, well, that's a different conversation though. So let's finalize this topic and let's go to the next one. Here's what I would say. I think it is a cultural thing the more I by the way I wasn't I don't have like the solution or the answer to it Did you guys see what happened at World Cup when Japan came and played what they did afterwards?
Starting point is 00:38:33 It anybody see the clips right afterwards what happened? Did you see this or no? They cleaned all this bleach They cleaned every fence. Yeah, they cleaned everything after themselves and you're like wow Yeah, so then other countries who were playing they were kind of like let's do the same thing as well Fans, they cleaned everything after themselves and you're like, wow. So then other countries who were playing, they were kind of like, let's do the same thing as well. And it became like a cultural thing for us to clean up. And you're like, wow, this is not what we do in Germany or this is not what we do in US or this is not what we do in such and such.
Starting point is 00:39:02 And other people started picking it up. I don't know. I think if somebody from the top is speaking about it You definitely can do something about it. You know the whole San Francisco story Have you guys been to San Francisco lately or not? Who is part who's from San Francisco actually anybody from San Francisco? Have they started cleaning up San Francisco? Can you say a louder to the people in the back that can't hear you? San Francisco right so just 10 years ago, babe when was it you and I went to San
Starting point is 00:39:30 Friend we'd go to regularly was that eight years ago 10 years ago five years ago? Yeah We went when we went to Napa you're right. Yes, and We went when we went to Napa, you're right, yes. And, AIG, I remember that. And the place, by the way, great meeting you was there. So the place was cleaned. And you look forward to going to San Francisco. Versus today, you go to it.
Starting point is 00:39:54 We were there, I'm like, what the hell is going on? Look at this. This does not look like San Francisco. It looks like a complete different city. The responsibility is on the mayor. I guess one of the things could be said is, what is the standard that you take with homelessness? What is the standards that you take with fines?
Starting point is 00:40:11 What is the standard with cultural day where, hey, what if we had a one day cleaning day? Let's all get out and clean the city. What if we did something culturally that we can make this place a better place? What if we did something like that? Remember that day that in California, to deal with gas, they did the one day you couldn't drive,
Starting point is 00:40:28 who remembers that one day? Who remembers anybody, members of some more or five was closed or the one and what was it called? Climbing in. Climbing in. How long ago was that? 2013, when they did that, then it was one day everybody took a break and it was one way of doing this.
Starting point is 00:40:46 Imagine you're the mayor of a city. You're like, listen guys, here's what we're doing. We have gotten the top 20 CEOs of the top 20 companies in our city. And here's what we got on all the CEOs to agree to do. One day paid leave to go out there and all of us volunteer to clean our city. Wouldn't have you sick idea of somebody who would vote for that, but how many guys would be like, yeah, I'm okay, we're going out there doing supporting it. I think it's something like that that they got to do to clean their cities. Houston's not growing because it's a bad city. They just went from number four, four years ago,
Starting point is 00:41:19 they paid past up Chicago as a number four city to now number three. A book that was written 15 years ago called the next 100 million, we spent time with this author at Samarit Sousa Malibu and he said by the time the next 100 million people are born in America, Houston will be the number one city in America. This book is called, that's the book. If you want to zoom in on the book, when did it come out? 2010, 13 years ago, the day the next 100 million people are born in America by 2050, he predicts Houston will be the number one city in America. It's a big city, we just moved a couple of our guys to use them.
Starting point is 00:41:52 It sounds like they're getting your message about having babies out there in Houston. Oh, there's any message I got. Parents raise your hand, I'm just curious, let's do a quick survey. Keep your hands up if you got more than one baby more than two three or more four or more Five or more with the same life with the same wife He's like we're gonna like four-life By the way funny story one of our agents seven years ago,
Starting point is 00:42:25 he comes, he says, I want you to meet my kids. I said, great, meet the kids. I said, how are your kids? So they're both 19. So, when's their birthday? Well, he's June and she's July. So I wanna ask the question, but I don't wanna ask the question because his wife is
Starting point is 00:42:46 right there. So I'm like, so then he says, I know what you're thinking. I was a wild man, okay. But my wife forgave me. We're together. I have two kids and they were pregnant at the same time. I said, okay, so how's your insurance business known for you? I don't want to change the subject.
Starting point is 00:43:04 Keep your hands up if you had four. Three of you guys raised enough yet for raising hand if it's five. Anybody five really? Five. Five officially are LDS and I know Joel you're not LDS right? Six. Six. All the way can you stand up please if you're at six? Are you really at six? He's tired. Are you really at six? Seven kids make some noise. No, I can't remember. Your husband's here as well. Your husband's at home. Oh, first of all, I'm telling you,
Starting point is 00:43:40 you don't look like a grandma, but seven kids, I can't see you from here. Freaking congratulations to you. That's awesome. Thank you for your granddaughter, who's a Marine? Thank you for her service. I think we need to have more kids guys. And I know you don't want to hear this.
Starting point is 00:43:53 I want a campaign to talk to every man. And by the way, specifically leaders, specifically leaders. If you're a husband and a wife, we had a couple people at the house over two days ago You remember these two guys that were over and one of them is a Jewish father He just came back from Israel. He's got two kids and he says well, you know my wife wants me to have more I said dude. There's no way you can stop at two kids. He says why not? We're making money. We can put time into our two kids. Why should we have more than two kids? I said 12 years ago, one of my advisors was a guy named John Morris.
Starting point is 00:44:31 Tom, you remember John Morris? You introduced me to John Morris. Incredible guy. We're in a meeting one town. One of the guys about to go out of business. He needs a half a million dollars. He says, if I don't get a half a million dollars by Friday, I'm going to have to shut it down.
Starting point is 00:44:43 He makes a phone call and now or later, the guy gets a half a million dollars stays in business. That gonna have to shut it down. He makes a phone call and hour later, the guy gets a half a million dollars stays in business. That's the kind of a guy John Morris is. Anyways, I said, John, in our monthly meeting, how many kids do you have, John? Two kids. You two kids, yeah, you're 60 years old, two kids. Why two kids?
Starting point is 00:44:58 Biggest mistake of my life. It's the biggest mistake of your life. He says, biggest mistake of my life. It's telling me why. He said, tell me what think in our lives we stop doing the moment we get very good at it. He says, at two kids, I barely learned how to be a parent. And then I stopped having kids.
Starting point is 00:45:14 We should have four. Then I came home, I started campaigning. But David's for four. But David's for now. He said, but David's for five, we ended up with four. But to those who have money, you teach to write values and principles, please look up to that lady back there and go have seven kids.
Starting point is 00:45:30 Can you please do that? Because others are having more kids and you need to be having more kids. All right, let's go to the next story. Let's go to the next story. By the way, are you guys following this East Palestine story closely or no? What's going on here? So let me tell you what happened with our guy so I'll show you a video of
Starting point is 00:45:53 Should we first read this article or just show the video so they know what's going on here? Well anyways, there's five consultants that are traveling From Clinton airport no joke Little rock are we here? They're flying to report no joke little rock uh... they're flying to ohio is palestine to check to see what's going on here's what happens to them if you want to play the video first if we have
Starting point is 00:46:13 it ready-wrap uh... let's let's watch this video together go ahead and play it you have great news and i have a plane crash in little rock arc and so just minutes ago we learned that people on board were actually headed here to North East Ohio to help clean up the Oakwood Village explosion from Monday. All five people on board worked for the environmental consulting firm.
Starting point is 00:46:33 The plane took off from the Clinton National Airport around noon and was headed for John Glenn Columbus International Airport. Right now we are digging into the story. We will have much more on air and online as soon as we learn it. I mean, so we can obviously say it's appropriate to say what a strange coincidence. Yes.
Starting point is 00:46:53 Fine. What are they going there to look for? So, we have a new member of our entertainment team. We're testing something. It's a guy named Dodge. We have Dodge's video. We flew out Dodge and Malik to East Palestine to see what's really going on because I believe a bunch of people visited there. We know Pete hasn't been there. He's got very busy schedule.
Starting point is 00:47:16 He's busy schedule. He hasn't been there yet. It's been 18 days. He still hasn't visited President Biden. Wasn't Ukraine. On President's Day, he hasn't visited there Biden wasn't Ukraine on president's day he hasn't visited there but we said Trump was there yesterday I believe he was there yesterday or two days ago I think it was there yesterday was there news I'm McDonald's so this is our guy who's there show called Dodge segment called Dodge this and he actually drinks the water watch this video drinks the water to say there has to be some semblance of a cover-up. The residents have not been given the correct information in a timely and
Starting point is 00:47:49 efficient manner. Not enough people have been given enough funds to successfully relocate for a safe amount of time. And the relocation payments of people for evacuation was only in a one mile radius. Meanwhile you're seeing dead fish all the way out to Cincinnati. You're seeing the water contaminating a young's town. This goes on for hundreds of miles beyond this one mile radius contamination zone. So there are a lot of residents even in this town that are not receiving the help that they need. So that's why we're here at
Starting point is 00:48:22 Value Taman. We're actually talking the residents we're telling people how they can help and we're getting the truth because quite frankly if you listen to any governmental entity, Republican or Democratic doesn't matter. A lot has been left off the table in terms of what they're telling us. So that's why we're here and a lot of people are too scared to do this Watch here something we didn't ask to do it watch this oh my god he actually does this This is the actual water oh my god dude Well tastes like metal dude. Whoa!
Starting point is 00:49:03 Well, taste like metal. He died 20 minutes later. He's not with value-taming anymore. And actually taste the water with him since. That water right now, taste of like somebody dropped about a million pennies into it. What is it? What is it? What is it?
Starting point is 00:49:21 What is it? I'm not going to drink a whole glass. What you saw with that. I wouldn't do that as I cut my hands the water that I did have And just in case you didn't see it before watch is are his hands getting ready? This is the iridescent color. Oh This is the water Terrible
Starting point is 00:49:46 What's happening here? Give it up the dodge and the the the the the the the the the the the the the
Starting point is 00:49:54 the the the the the the the the the the the the the the the the the
Starting point is 00:50:02 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 situation. I don't know if anybody's been following who Mark Middleton is one of Bill Clinton's top eights Last year in May, I know Adam loves these type of stories. I saw your body language. I love But uh, hold on. I'm not I'm not a conspiracy theorist and I love people just brush off. We will have different opinions I'm a coincidence theorist, okay? His name is Mark Middleton. You guys go look it up last year in May This duty was the top Clinton official worked in the White House He led Jeffrey Epstein into the White House. He led Jeffrey
Starting point is 00:50:25 Epstein into the White House to visit seven out of the seven times. Put up the story. Yeah, you put up their time. I mean, I texted to Rob. This dude at his house in Arkansas picking up our. Okay, Gashach, Lakhla, Lakhla, Lakhla. Oh, yeah, right here. So he was Syrian for those who speaks of Syria. No one knows. We have a very big, big, Syrian community, by the way. So this dude, top eight, ties with Jeffrey Epstein. He was found hanging in a tree with an extension corridor on his neck, gunshot to his chest.
Starting point is 00:50:55 No gun found. Apparently a squirrel took it and sold it on the black market. But they just ruled it yesterday that it was a suicide. So wait, so this is, I'm a conspiracy theorist because he's tied to all this stuff, Epstein, all this information is coming out. There's no gun, but you can't even, I can't have another opinion
Starting point is 00:51:14 because automatically they dismiss me as I'm a conspiracy theorist. But it's true, Pat, think about it. Pete Buttigieg, somebody just walked up to him the other day, reported from daily mail and they're like, so Pete, where are you going? He's like, I'll talk to you later. I talked to my press court.
Starting point is 00:51:27 I thought you saw this time. And then at the end, he goes, you know what? Let me take a picture of you. What is he going to do with that? That was Pete took a picture of the reporter. He took a picture of the reporter. Hold on, why? Is that a threat?
Starting point is 00:51:37 Are you threatening this person? Like, yo, we're going to come find you. It's just, it's just, people say, oh, you're connecting dots. The dots are right in front of your face. you don't connect them then you're just like one of those and you brush it up but is that weird? That's another weird thing these people that what were those people on the plane going to do and he's found what do you you're a pretty reasonable guy what what do you think is going on there you know in too many coincidences line up
Starting point is 00:52:00 you start you start to wonder not wonder about your sanity, but you really start to wonder about it. And you look at it when things are in plain sight. If it's a bunch long drawn out article by people with the tin hats, you say, okay, never mind, go away. But Mark Middleton, how do you shoot yourself and then hang yourself in the extension cord in a tree? Very hard to do. And there's no gun.
Starting point is 00:52:22 It's very hard to do. You get some sort of a word in the suicide hall of fame for doing. Yeah. That's how you got to do it, right? Some was like, you hang, you shoot, and he got a, you got a chocolate hard. Good. Really good. Yeah. Fight. Oh, grab the gun. And then you know, it's like, it doesn't run at the top. And, you know, this, this whole plane crashing into a grassy and all and that you know the lady that notice it was going down from the six-story window of the book and positive you know it that's kind of odd to me it mean it's like odd coincidences it just really really bothers me it's like New York in the 80s and you would see you know that a guy shot six times was pulled out of the Hudson River it's like well if he was pulled out of the river and that's the lead
Starting point is 00:53:02 ground right yeah of course so Adam you have any reality of theories for us to kind of balance the conspiracies, or? Not that I'm not anti-Vinnie's conspiracy theories. I just like trying to get to the heart of the problem. I think, you know, like we're unraveling this onion, I think first and foremost, there was a tragedy with this train situation in East Palacen, Ohio. I think that's the core of it.
Starting point is 00:53:31 And everyone wants to make it political. Well, if it's political, the governor's actually Republican. So is it on Pete Buttigieg, who's the Secretary of Transportation to address this? To me, all these other stories kind of just try to build someone's narrative of what they think happened. I think it's a freaking tragedy we talked about
Starting point is 00:53:51 on the podcast. How many train accidents happened a year? It's insane. Thousands. I think this was a horrible one, a deadly one. And now when you, I think it's just a sheer coincidence. These people are coming from Clinton Airport. I think, you know, speaking of accidents every day, you turn on the news, a plane crash
Starting point is 00:54:10 today and it was small building. It's like, yeah, because it's fucking Tuesday. That's what happened. But Adam, what are the odds of them going to get it? I get it. But I think we're trying to, without much information, trying to piece together a narrative. I think it's a tragedy what happened in this situation. I think they need to get to the bottom of it.
Starting point is 00:54:28 And the plane crash is just, just a pure anomaly, planes crash all the time. I'm not, like here's where I'm not going. Go ahead, go ahead. Here's where I'm not going. The train, the train, the port's called Clinton, is nothing, it's just truly excellent.
Starting point is 00:54:43 And here's where we have them with four, 74 people. The train crash called Clinton is nothing. It's just truly. And here's where we have them before. 74 people. The train crash with the chemicals was actually done on purpose to hide the fact that they were basically was happening the same day that the Epstein report was coming out. And they're trying to take the news away from. No, he brought Epstein from a different place. That story doesn't go but.
Starting point is 00:55:00 No, so you guys know what people do. Epstein has nothing to do with East Palestine. No. Epstein is not from East Palinstein. The island is not in Ohio, just so people know going around saying, have you been to the Epstein island in Ohio? I think, yeah, I ultimately, what I'm trying to say is like, let's address the issue. There's something going on in Ohio right now, and our friend Dodge just died of drinking
Starting point is 00:55:18 water. Okay, so I'll imagine a question then. So, conspiracy or coincidence theories aside, how do you feel that if the president of the United States is nowhere to be found, he's over there throwing our money away while we have people dying here, Pete Buttigieg, and I know you're saying, I don't care if it's a Republican mayor, governor,
Starting point is 00:55:37 whoever, the head guy of transportation hasn't even talked about it. That doesn't piss you off, that doesn't bother you. That, listen, that guy should be the number one guy. Trump going there? Trump going there? bottle carry. He was a McDonald's throwing big Macs.
Starting point is 00:55:53 And people, I don't, somebody, one of my friends is like, who's who's kind of on the left? He's like, what, what kind, why McDonald's? Like, oh bro, it's East Palacin. There's nine people there. There's no more in steakhouse. You know what I mean? Can I tell you guys something very weird when I'm watching this?
Starting point is 00:56:06 By the way, strategically, think about this year for just, let's just purely talk strategy. Okay? Let's set aside the emotions for a second. All we're talking is strategy. When you go to war, people get, you know, die. And of course, nobody wants to see family innocent, but as a general, a general has to be in the moment making tough decisions. Let's talk purely strategy
Starting point is 00:56:25 if it's pure strategy how did the scientists go from winning by only thirty four thousand votes to winning one and a half million votes in the great state of florida how did he do it did he do it because he only want to republican counties did he do it because you want to republican cities or did he do it because he won my amy day
Starting point is 00:56:44 how did he do it he he's the-Dade? How did he do it? He's the greatest governor we have right now in America because he went and one people over, dinner's being had, we're having lunch at the house. What did Mikey say? He says they're having dinner with a guy who's a liberal, hardcore liberal. He says when they asked him the question about the sentences,
Starting point is 00:57:02 what do you mean the sentence? He says the best governor he says he's a republican he says we don't look at our uh... uh... uh... governor as a republican he's just a great governor and we want to keep him here and that love to vote for as a liberal this guy converted people so watch this strategically strategically
Starting point is 00:57:18 not going helped the republicans strategically you mean to tell me you're not going guess guess what Pete, here's what's going to happen when foreign affair issues comes up, they're going to bring one question for you, you're done, all they're going to say is, hey, so how would you handle the issue there? And then the opposition's going to say what?
Starting point is 00:57:37 Yeah, if a war was to take place, it would take him four weeks to make a decision, it would cost millions of people lives. Do you really want to press it unlike that? He can handle a small city like East Palestine. You want him to be the decision maker of a country of 330 million people. He's not qualified to be a president.
Starting point is 00:57:50 Boom, you're fired five seconds later, get off the stage, right? So Pete is done with what he did for 2024. Now, let's go to the other part. Here's what's weird, very weird. So yesterday, who goes to East Palestine? Trump. Trump. So if you go to YouTube, Rob, and just go to YouTube, go to Fox News' YouTube channel.
Starting point is 00:58:12 Go to Fox News' YouTube channel. Okay? So this, I watched the last, okay, go to videos, go to videos, click on that. Can we put it on the screen so everybody can see it? Okay. So Trump, in 2015, 2016, if you go back and look at the videos on Fox News, literally, every three video was about Trump. So Trump just went to East Palestine of the last 50 videos that they just uploaded, how many of them should be about Trump?
Starting point is 00:58:42 Of the last 50. What do you think it should be of the last 50? Five ten should be about Trump watch this. Let's count one two three four five six keep going Seven eight nine keep going ten eleven twelve. Find this picture on the boom Former Trump Trump donor reveals why he's supporting possible the Santa's run. This is a anti-Trump story. Keep going. Ned Ryan, these Trump political witch hunts all end up as bad jokes. Keep going. Negative story.
Starting point is 00:59:09 Negative story. East Palestine residents praise Donald Trump. Right now, keep going. Hannity, Tucker, keep going. Next, next, next, keep going. Next, next, next. I went and watched CNN. CNN hosts.
Starting point is 00:59:22 Praise. Trump. Really? How confusing is that? He says, says listen say what you say about Trump he showed up Wow and Pete Buddha just should show up. I don't know why he's not showing up He should they said I understand why Biden didn't show both Republican Democrats are saying we understand why Biden Was in Ukraine for the one-year anniversary if you're already committed 50 billion it's a total of a hundred billion dollars we've gained to Ukraine of which around 50, 60 billion is our money. It's a total of a hundred billion. We're the number one country with the
Starting point is 00:59:50 most money being given to them. You have to show up because that's checking on your investment if that makes sense. If you're investing into a company and you own 50% or 60% of the equity company, one your anniversary, what do you got to do? You got to go to it. He still has to go to East Palestine. Yeah. But he's gone and done that. No problem. Pete Buttigieg has zero excuses.
Starting point is 01:00:10 CNN is given a shout out to Trump. Fox isn't given a shout out to Trump, including Sean Hannity. Sean Hannity, discussion on East Palestine, was only a few seconds. CNN talked about him visiting East Palestine. So what is us telling you? Here's what it's telling you. Fox today is team the Santis. Fox is no longer team
Starting point is 01:00:30 Trump. Just everybody knows us part here. Fox is no longer team Trump. As of right now, it's purely the Santis. Whether you like it or not, go to your own research. Listen to these guys. So I'm willing to bet there's a conference call or a conversation saying pump the brakes. if we're going to go a full team trump or if we're going to go a full team dissentist, we feel better with the Santas right now. The polls are coming out. I got a couple polls here on popularity
Starting point is 01:00:53 where the Santas is showing I head over Trump. So Fox is taking that position. CNN on the other side, they're also looking at this saying, well, the Santas just has the most impeccable resume today. It's hard to beat this resume. Say what you want to say. You have to explain 34,000 to 1.5 million. You can't win that.
Starting point is 01:01:13 It doesn't matter what anybody says. I went from having 34,000 subscribers and I've increased it by 1.5 million subscribers. Go ahead and beat me. What's your argument? Say whatever you want. And more people are coming to my state And we're safe for and we're this and we're that and we're this. That's a beautiful resume So that part that Trump who had Fox news
Starting point is 01:01:35 Trump who had Hannity Trump who had everybody on Fox when he was on the shows that's gonna be missing today So I think this kind of leads me to the conversation about Trump and the Santas That's going to be missing today. So I think this kind of leads me to the conversation about Trump and the Santis with head-to-head match-up what it's going to look like. And Trump is still making the comments. How many guys don't like it when Trump says,
Starting point is 01:01:53 I would never call him meatball, I would never call him meatball, I would never call him. Does that bother you? But do you kind of find that funny when he does that? How do you take that, by the way? You guys don't have an opinion on that? Do you see when he says the meatball stuff? Or do you like it or you don't care if he does it? That's who he is.
Starting point is 01:02:07 You don't care about it. Okay. So some people made a comment about this and I want to get your thoughts. Some people said like here's a tweet from a couple days ago. I will never call Ron the Sanctimonon, the Sanctimonious meatball Ron as the fake news is insisting. I will even though Fox News killing light well Paul Ryan is revert, revert by him, low energy jetbushes as hero and always had his side. His beaches and states were close for long periods of time. His testing, testing, testing for the China virus didn't work out too well.
Starting point is 01:02:36 And his loyalty skills are really weak. It would be totally inappropriate to use a word meatball as a moniker for run. A lot of people don't like this commentary on what Trump said. I'm gonna go to our friend first to see what he thinks about it. Adam, tell me. What do you think about the approach Trump has taken with Ron Descent?
Starting point is 01:02:55 You got to understand Trump's humor here. It's like, I don't care what you tell me to do. I'll never call him meatball. No, I'll never do it. Never in a million years, am I gonna call him meatball Ron? I'm not gonna do it. No matter how hard you encourage me to call him Meatball. No, I'll never do it. Never in a million years. Am I going to call him Meatball Ron? I'm not going to do it. No matter how hard you encourage me to call him Meatball Ron de Saint-Demonius. I'm just not going to, I'm not, buddy, I told you I'm not going to call him Meatball Ron. It's like we've seen this stick. Unfortunately for Trump and to
Starting point is 01:03:21 my friends in the room here, the stick's getting old, guys. It was very new in 2015. Very new, whether you like Trump, whether you didn't like Trump, it was fucking new. It was like, what, this guy's on stage calling out. Republicans, this is crazy. Little hands, Marco Rubio, I got bigger hands. This is crazy.
Starting point is 01:03:41 It was so new, it was so fresh that people just, it was must see TV. At this point, even Fox News is like, ugh, just fade away. And they basically said, we'll take all your policies, because I've been very clear, a lot of Trump's policies were good for the country. But all the name calling and the childishness and the divisiveness, it's like we can do away with all of that and just get the same policies with meatball wrong. And that's, I think, where the fervor of the country is at this point. And here's
Starting point is 01:04:20 my last point. If you want to just win a Republican primary, nominate Trump. If you wanna lose the presidency, again, go ahead guys, Trump 2024. Good luck. And the pack, guys, say one thing though. I don't want to be in the back for those I wanna talk to if you have any issues with them, you'll be right here. But just to be clear, I will gladly vote for
Starting point is 01:04:43 Meepalron to sanctimonious, gladly. And I'll just call him Governor DeSantis. I will never call him Meepal. Here's my question, though, and this is for everybody. Is anybody surprised that he's going to be this guy, Pat? Is anybody like, oh my god, I understand the, oh my god, here we go again. But put yourself in, hold on, put yourself in Trump's shoes. From the jump, you don't think he has a vendetta.
Starting point is 01:05:05 From the beginning, he announced everybody in their mother from all the Republicans, all the Democrats, all the media, all the left, they all surrounded his ass and they went after him. Bro, that guy, and everything now that we're finding out with Twitter and just common sense, it was all bullshit. You don't think he has a chip on his shoulder, he's like, yo, I'm coming in hot.
Starting point is 01:05:23 He's a winner, bro. Say what you want. He's orange, yo, I'm coming in hot. He's a winner, bro. Say what you want. He's orange or whatever the hell people say, bro. That guy is a winner. He wins and really say he's a freaking boss. And with all the stuff culminating around what everybody was around him, bro. He is in attack mode.
Starting point is 01:05:38 And guess what, he's a competitor, bro. When you know you have Ron DeSantis, the meatball coming up with you, bro, you got a talk smack. He's the golden child. So guess what, I'm not surprised and guess what, the gloves come off, he's a fighter bro and it's going to be interesting but it's going to be a hardcore fight. Let's talk to a very stable man who's a father of two girls, professor, you know, just took his kids, the rock star kids, 4.6 GPA,
Starting point is 01:06:06 one of the best golfers in the country at 16 years old. She is, I've watched them as a father, as a businessman, as a advisor, Tom. Tell us, what do you think is really going on here and who do you think is gonna have the edge when it comes out to winning this whole thing? Well, there's two things that people need to understand about trump
Starting point is 01:06:27 you don't you don't have to love them but go look at the videos like when he sat there at the nato telling them that they have the pay their fair share and how he defended america defend america's economy go look at how he stood up to china and said this is the way i'm going to play this game and then when he gets out on the field to play, the field to play for politics has been set.
Starting point is 01:06:47 You do your sound bites and then all your proxies go out there and spin it to the media. And then this guy comes out and says, and that playing your game the way you want me to play your game, to you are a disaster. And he goes out and he does it the way he was. This guy brings guns to knife fights. And he does not go gentle into that good night the way the political realm goes in America because the underlying current of running for power running for office in America is I'm ultimately going to have to make a compromise with
Starting point is 01:07:18 you and you and get legislation passed. So I'm going to come hot on certain things, but I'm not going to come in, you know, really, really super low because ultimately you have to work together. Now, the presidential race, we saw it that way. We saw it that way with Romney and Obama. That was the last time we saw it that way. With Hillary, we didn't. And DeSantis is taking a normal progression of people love me in Florida because I executed hurricane I executed solutions economy executed solutions covid I executed solutions and then everywhere but Broward County and a little and a little part of Orlando said you know you're right and I like what you did to my state and I'm voting for you and he gets one point you know almost million a half vote differential, he crushed the opponent. Well, that guy is taking his normal next political step, and he's running into a buzz saw with
Starting point is 01:08:12 a guy that does not play by the normal set of rules in terms of the campaign. And I'll tell you, that's what you're seeing. And you're seeing Trump be Trump, and you're seeing the political establishment and the media, they don't know how to deal with that. Here's my, yeah. So I'm, by the way, it doesn't bother me at all. You know, like when people ask and say, hey, how could you sit there with Antonia Brown? And he says, you idiot, you idiot,
Starting point is 01:08:39 will you know about Liberty City and all of a sudden? Okay, cool. I got you, okay. I'm gonna go to your city to learn about your city. And I'm gonna go be a Dixie, what do you call it? When Dixie is a bagger and to learn what that city's all about, because maybe I'm an idiot, okay. And I'll learn about your community.
Starting point is 01:08:57 But here's the part. He tried to compare Liberty City to E-Razegas. There's guns out here. It's like, I'm from Iran. From Iran, the bomb. The Homo bombs. Yeah, it's a big difference. And yeah, you didn't really understand me, boy.
Starting point is 01:09:07 You didn't understand me. This is just a parody. I'm, you're funny. It's a parody. But you know what it is. Here's a part. You have an opponent. If you know your opponent's dirty, and he's dirty,
Starting point is 01:09:18 and you're shocked, you're a fool. Do you know what I'm saying? If your opponent plays the hardcore Christian, you know, Mike Pence, Duke Gooder, you know, all this stuff, and then something comes out, he does not handle it. It's like, oh, you can't use that card. If a girl came out for Mike Pence, what would the world react with?
Starting point is 01:09:40 Yeah, right, buddy. No, no, you wouldn't believe it. What would it be? He doesn't travel without his wifers. But what I'm saying is, but that is Trump's brand. So for people to say, how could you say something like this? You must not have been following the sky for decades. That's who he is.

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