PBD Podcast - The Apple Car | PBD Podcast | EP 34

Episode Date: December 30, 2020

In this episode, Patrick Bet David sits down with Tom Zenner and The "Biz Doc" Thomas Ellsworth to discuss Apple's plans to get into the automobile industry, China possibly taking over the world market, Fauci getting called out on Twitter by Marco Rubio, and what the biggest CEO's salaries are currently. Patrick Bet-David Podcast Episode 34. Download the podcasts on all your favorite platforms https://bit.ly/3kF7BT1 Text: PODCAST to 310.340.1132 to get added to the distribution list The Bet-David Podcast discusses current events, trending topics, and politics as they relate to life and business. Stay tuned for new episodes and guest appearances. Connect with Patrick on social media: Instagram: https://www.instagram.com/patrickbetdavid/?hl=en Twitter: http://www.twitter.com/patrickbetdavid Facebook: https://www.facebook.com/PatrickBetDavid.Valuetainment To reach the Valuetainment team you can email: [e-mail] About the host: Patrick is a successful startup entrepreneur, CEO of PHP Agency, Inc., emerging author, and Creator of Valuetainment on Youtube. As a natural critical thinker, Patrick takes complex leadership, management, and entrepreneurial ideas and converts them into simple life lessons for today and tomorrow’s entrepreneurs. Patrick is passionate about shaping the next generation of leaders by teaching thought-provoking perspectives on entrepreneurship and disrupting the traditional approach to a career. Follow the guests in this episode: Tom Ellsworth: https://bit.ly/3pvFrLT Tom Zenner: https://bit.ly/3jJ93CN To reach the Valuetainment team you can email: [e-mail] Want Patrick on your podcast? - http://bit.ly/329MMGB --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

with episode number 34 and this is the first time we're having two Tom's on. As we're going through it, just to simplify stuff. Frank Williams, legendary owner, founder of Formula 1's Williams team, Formula 1's Williams team, multiple world championships, was sent as last team tragically. But he just got out of the hospital. He's an older guy now, but he's still out there and he just got out of the hospital. Frank Williams, I hope you're doing well.

Williams fans everywhere. This little tribute for Frank. Cool. Do you think you could change the oil in my rental car? In about 13 seconds, you look like a pit crew. He could do a lot of things. This guy goes back. You just destroyed a really good tribute.

Oh, I'm sorry. OK. What a great way to start, right? No, no, no. In this today's podcast, we'll always know where we are. You know why? We got Tom Tom. So that's that's a show if you're very smart.

And what age do you have to be to get that joke? About 10 years ago. In the time time. There's a couple. OK, so we got a lot of things, we got a lot of things to cover. A lot of things to talk about here today. This will be the only podcast we'll do this week. Just so everybody knows this will be the only podcast

we'll do this week. I think the week of words, meaning two people used two words that shocked the marketplace, which we'll talk about. One of them was Tim Cook, the other one was Elon Musk. One was when he was given a speech, the other one was on Twitter, both of them skyrocketed their stock, which you got an analysis, you want to give us about GM and Tesla,

which is interesting, I can't wait to get that data. That you have stimulus happened this week, okay? I mean, that's pretty much in the works right now We got Georgia going on record breaking money that's being raised We got Nashville that a catastrophic event happens at AT&T Maybe you can kind of give us a rundown and tell us what's going on because there's a lot of stories connections Mommy sues. It's very very weird on what's going on with their Fauci and Rubio's You know little fight that they had over Twitter,

you know, Fauci's being called liar by Marco Rubio and then everybody on the other side's coming and saying, how dare you call Fauci a liar where your president's the biggest liar. It's a very interesting thing that's going on there. Chinese journalists who documented Wuhan coronavirus outbreak jailed for four years, okay? Jail for four years.

For simply saying what happened, but she's going to jail. By the way, that's a little high. If you guys raise it, it's very high now for me. China regulators tell ant group to overhaul businesses, which is Alibaba, they're trying to break them apart, and maybe we'll get into that a little bit later. Top earners, biggest seals, how much money they're making. You'll be surprised to see what the biggest seals

in America's salary is, and what kind of money they're making. It'll be surprised to see what the biggest CEOs in America's salary is and what kind of money they're making. And then GM, we'll talk about that. Apple I already said, let me see what else I got. Oh, wonder woman opening day. Mario just said something very interesting. I wish you guys could have heard of Mario said, it is the biggest pandemic opening of the year. Biggest movie.

The big is that what Mario said. Mario, I want to quote you correctly. Can you please say what you said? Me, uh, deadline, the guardian, and it's the biggest opening during the pandemic. We want to quote Mario correct. Yes. Biggest opening during the pandemic for any movie.

Marley movies are on that. We won. Movie. And but it's the biggest of no, we've had more movies, but, but it that later. One movie. But it's the biggest of no. We've had more movies, but it's the biggest. I was at 35 million, so they're wrong and they're numbers. All right, we'll see what's going to happen. But Mario is very protective of Wonder Woman,

which we appreciate. We appreciate. We appreciate that. And I think Tom Cruise had another mix up. But anyway, so we have a lot of things to go through here. How about we start off with Georgia and kind of go through what's been happening, how much money was raised. So here's how it's looking like right now. All four Senate candidates in runoff election are raising record funds led by one Democrat rolling into though.

According to Politico, Ossof brought in $106.8 million in two months, making him the best funded Senate candidate in history. His opponent, David Perdue, brought in $68 million in the same time frame. Now, as of as the Democrat, produced a Republican. In the other race, War Knock brought in $103.4 million while Republican Kelly Laughler raised only 64. So the Democrats have raised $40 million more than the Republican so far. The previous fund raising record for a US Senate candidate was held by Democrat

Jimmy Harrison who raised $57 million in his unsuccessful bid to defeat Senator Lindsey Graham and South Carolina. All four of the Georgia candidates easily surpassed that number. Having said that, Tom, thoughts, else worth. I think they got it all wrong. There are exactly 11 million people that live in the state of Georgia, 11 million. And listen to what was raised. Why doesn't somebody just send every single one of them a $20 Starbucks card?

They could literally do that. That's right, with all this money they could have just, they could have just said, listen, this one would do. I think, I think it's amazing. It's, it's a testimony to what's hanging in balance and what's hanging in balance is the U.S. Senate and conservative or liberal legislative principles. That's it. Zener, what do you think? You know, I'm glad I don't live in Georgia. That's all I can say. I hate political ads and could you imagine how you're being, it would ruin your holidays. That is crazy. That's all I can say. I hate political ads. And could you imagine how you're being it would ruin your holidays That is crazy. It would be the absolute worst. Now here's the craziest thing about it. These democratic candidates are raising so much money It's it's literally insane over a hundred million for one candidate for one race

But yesterday one of the narratives is they're running out of money that they're gonna have to choose pretty soon between boots on the ground It sounds like a war, doesn't it? Or TV ads. And Chuck Schumer even came out and said that he's quote unquote pessimistic. He priked a back away from that comment a little bit, but pessimistic about the democratic chances. Now, they have to run the table, the Democrats in Georgia. They can win both of them, right?

So the Republicans only have to win one. There are so many interesting subplots to this. Laughler, who's a very, very successful, established, credible person, get torched by the NBA. The WNBA. She's an owner in the WNBA, and they have, from her team and the entire league, have basically mobilized to try to take her down.

Tick tockers have now been- Let me tell you credit to tick tockers. I mean,ers have now been telling credit to tiktokers. I mean, people cannot downplay the tiktok game. That's insane. They had a hand in the regular elections, even leading into the debates, into the primaries, and even now. Now, I will say this happily, there are some Republican-based

tiktok groups too, because you only hear about the little liberals that are out there trying to stream things up, that there's one conservative one that has 1.5 million followers on theirs. So it looks like it's both ways, but TikTok, I mean, everything is going to make a difference in this election because so much is at stake. Yeah, so here's what I can tell you what I notice.

I have given money to both Republicans and Democrats. Okay, I've given money to both sides. So I receive email from both sides. Okay, I get emails from Republicans. That's send me money talking about Georgia. I get emails from Democrats telling me, I have to tell you, for every one email I get from Republicans, I get eight emails from Democrats.

And the way they do it is so creative. They'll get different people sending the emails and they'll say, you know, one of them will say DNC headquarters, okay? Now, obviously, you know, that one of them will say DNC headquarters. Okay? Now, obviously, you know, that's coming straight from DNC headquarters. I get that. But then the rest will say different names. James Taylor, Michelle Obama, Chuck Schumer, Nancy Pelosi. They have a hundred names that I get emails from. So every time I open it up and they'll say, Patrick, this year I went all in and helping out like by not out and then they'll go into this Georgia

Will you donate seven dollars directly to DNC to flip Georgia fund to help window runoffs elected democratic control Senate and win a Essential racist in a month. So here's the point. I'm trying to make you somebody may say well, pal Why would you give to vote parties? Strategically for me. I want to learn what both sides are doing. That's one two the approach That Republicans are taking versus Democrats. I got to tell you Democrats are playing more offense than Republicans are want to learn what both sides are doing. That's one, two, the approach that Republicans are taking versus Democrats. I got to tell you, Democrats are playing more offense than Republicans are. And whether there's a part of this where there is this confidence to say, we have it. Don't even worry about it. That's the problem sometimes. We get to

cocky. We have it. Don't even worry about it. Where the Republicans are going to pick it up. They said, there's no way in the world we're going to lose both seats. So they're not playing offense, so they're raising 40 million less. But we know this week Trump is going to Georgia, and January 40 is gonna be in Georgia to help those guys out. Who do you think is gonna end up winning here?

The way it's looking like right now. God, I hope the Republicans get won. Are you hopeful? Are you, like if you want to put the logical hat and you're betting money right now, are you betting your $100,000 on Republicans winning or are you betting on Democrats? 100% I'm betting on the Democrats. Absolutely.

They've been harvesting votes for weeks out there. They've already got two million votes that are already in, right? The way they've learned to play dirty, they've developed the playbook. So they're just going to, you know, apply it to Georgia here right now. No, I'm very, very worried. You know, I'm not optimistic at all. And every day I expect something bad or crazy to come out. I mean, there's even some sort of crazy tie-ins to the explosion in Nashville, which we could talk about a little bit later. But no, I would say the Democrats are probably going to win this thing just like they won in

November. Tom. I...so what's good for America? I'm going to set my views aside. What's good for America, I think, is a divided government that is almost kind of neutralized against itself, so it doesn't sway too far in either direction. I think that's good for America. I get the feeling Kelly Loftor is probably going to win her race by a nose, which basically will make that happen. But I agree with you, there has been so much effort out there.

It's tough to drop the fraud word without stuff right in front of me. But when you see that 82% of Confederate soldiers have voted, I'm thinking there's things going on. What are these TikTokers, do they really know all the ramifications of what they're trying to do and how it ultimately will affect them?

I mean, if this country is run exclusively by the left, it's not great for everybody, really, truly, except a lifelong politician, maybe, people that want to have just absolute power, but it's so funny, these guys are so motivated and they do have power and they do have influence and they do have the energy to do this, but you sometimes wonder, they're so young, do they even know what they're doing?

It looks like they need to have an adult in the room, you know, kind of guiding them, okay? There's some repercussions here for what you're trying to do. Do you really know these candidates you're pushing for? Peel back a little bit on their histories a little bit and look at what some of the stuff they've stood for in the past and maybe you wouldn't be so aggressive. You know, to me, every time one side is about to win all three, the opposing side says,

what's best for America is to not have one side have all three, right? But if the Republicans have it there, they'd love to have all three. If Democrats have it there, they'd love to have all three. If it's up to the politicians because it's easier in those two years to get what? Everything done. Tom, don't hold back with this one, Tom. Be the Tom of Bistock, give us the energy of Tom, not the one that's safe, they're trying to be a little too worried about what could happen. Give us your brain. We are relying on your brain and processing. Let me ask the question. If everything's won, the Democrats have Senate, House, and Presidency, what happens in two years, in the Democrats have Senate, House, and presidency.

What happens in two years, in the first two years? Because it's not going to be more than two years, but what can they get done in that two-year period? I think either... Okay, this is what I... Let it go. Let's go. No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,

we can go back and see what happens to history. Clinton got that in his first term. Yeah. And he attempted to ram through the first version, the great, great, great grandfather of Obamacare. He in Hillary, he appointed Hillary as first lady to this commission, remember, and they ran that through. And the midterm elections was one of the biggest hell knows in American electorate history

as the midterms flipped to bring balance back the other way. I am conservative. I want to see Kelly Lawffler win because I think that's the best chance for the Senate holding up conservative business policy and tax policy that I care deeply about. But I really think that if they win all of it, they're going to fumble the opportunity for two reasons. One, there's a civil war going on in a Democratic party. AOC has pissed that she doesn't have a cabinet post or someone close to her on the squad that has some sort of a cabinet

post so the hard hard left is very upset with the moderate left somehow some way Elizabeth Warren is not in the mix you know it's a more moderate cabinet so there is a and and Bernie so Bernie Liz aoc in the squad there is a civil war on the democrat side push a real is that how real is the war i think it's damn real is that is that just articles being written on the right or is that really happening i i think you look at the position of you don't go with a lc is saying and look at the position of stuff i think you can see it please it's totally but totally but they'll they think they can push through any

they think they're tough on they literally do i mean they got voted into the the house agree i agree i agree i think they can't believe anybody would be opposed to them they want absolute power the squad and what they're looking for and they can't understand any resistance to it whatsoever it just doesn't doesn't register for them so it will be in all of them so let me ask you a question so you asked me about midterms yeah and I think I think the pendulum will swing the other way in midterms because the wrong thing, if I was running strategy for Biden, I would say listen, the wrong thing would be

too much too soon while these conservatives are still triggered and activated. Midterms are going to come quick. But I think they're going to go a little too fast. I think they're going to do a little too much. And I think it's going to swing back the other way. I think Biden at his heart is a little bit old school. I really do. I don't think he's buying into all this, I mean, he did things a certain way for 40 years. He's used to back room deals, you know, in the Senate,

and he's been part of all of this for the last 40 years. He's not gonna embrace all this radical change right away. I'm hoping. I'm giving him the benefit of the doubt right now, but I'll disagree with you guys on one thing. I think politicians, number one motivation, is self-preservation. And I think if they felt they owned all three, the House, the Senate, and the president, that they knew there would be such turmoil in two years, half of them would be gone.

So I think there's some sort of benefit. Oh, you mean some on the left that are saying it's not good. I think deep down, I don't think they all believe that it's the best scenario for their party for themselves because they can be swept away. Even a long-term congressman could be, you know, sent packing in the upheaval in two years. So I think that most of them are thinking, I just want to stay here. I want to clean sail through my next election in two years and just stay here. So I think they'd be okay if the Democrats didn't control the Senate. So did Biden come across, now that this has taken place, now that's already, you know, everything's going through the way it is.

And the last thing that's left is with, you know, Pence, you know, having to sign off, and I think Pence is being sued right now for possibly not being able to sign off, you know, hold him back and, you know, what things he could do himself. So, Biden's coming out now being way more moderate than people thought he was gonna be. Is he more moderate than Obama was? Or is too soon to tell? I think it's too soon, but I think he'll probably be,

if Obama is in eight, I think he's gonna be like a six and three quarter. Okay, so he's not gonna to be far left as Obama. Right, and here's the other difference between him and Obama. Obama had Joe Biden as vice president who was pretty passive. Joe Biden has come all over Harris who is the opposite of Joe Biden as a vice president. Power hungry. She doesn't come for that next move. She doesn't come with a stable full of relationships from all those years in the Senate.

Joe Biden brought that. You you know he may not have been really valuable to obama at the boating booth and he wasn't but he was very valuable in terms of all the relationships he had all the all those years and i will say i'm surprised he hasn't stuck one of these squad members in some sort of high ranking cat in a position to be honest with i think a lot of people are surprised what do you think that says about him though i think a lot of people are so. What do you think that says about him though? I think a lot of people are, so here's a question. This becomes a question for me. So there's two arguments here.

One is, is this Biden's doing, or is it the people behind closed doors who put up the money saying, listen, here's what you're gonna do. You're gonna put this person, you're not even gonna get close to any of these AOC, Elizabeth Warren guys. You're gonna put the people that we recommend you to put in., you're not even going to get close to any of these AOC, Elizabeth Warren guys. You're going to put the people that we recommend you to put in.

Janet Yellen's going to be fine. Some other things that's going to take you head on Capitol Games, going to take place. Some other things that's going to happen with taxes where it's going to go. You were talking about yesterday with me from 33 to 39. That's going to take place. But for the most part, is it Biden's strategy that's coming out saying here is what I'm picking or is the money people behind closed doors? I think it's some of the money that's keeping Biden kind of in the Biden zone.

I think it's a lot of that. You know, the money, remember, money doesn't like change. Money and money hates radical change. Yeah. I think the words Biden in strategy are mutually exclusive. I don't think he has any strategy, not any big thinking. He's the accidental president. I mean, he got thrown into this thing. He shouldn't even won the primary if you think about it. And here he is as the president at 78 years old.

So I think it's behind, it's the group behind. This is a group effort, a conglomerate behind him and making decisions. You agree? I absolutely agree. I think there's a group that's that is strategically trying to keep this moderate and then keep control and move agendas forward.

And I don't think they're to be trifled with because I think they want to move left, but I think they want to keep it from being, you know, squad operation. Let's not let's, he's not still capable of putting complete buffoons in some of these positions. So let's see what they do. So, so here's the question if you're watching this.

If you're watching this, what is more likely to happen? If it's more likely to have Republicans win both seats and Senate, press thumbs up. If it's more likely that the Dems are gonna win the two seats and a Senate, push thumbs down. I'm actually curious to know what you think about it. And by the way, vote logically, not emotionally thumbs up if you think Republicans can win both in Senate. Logically, if you think Dems are going to win both in Senate,

put thumbs down. But I'm actually curious to know what you guys think about it. What do they do if it's a split? They think it's going to be one and one. I don't want to I just want to see if they think it's going to be two two. That's what I'm curious about. It couldn't end up being a one one because I think that's where you are. You're more on the one-one team. I think Kelly Loffer went by nose and some. All right. Coat sounds good.

So let's talk about Nash. Why don't you tell us what's going on with Nash. This is like very interesting what happened there. Okay, so Christmas morning, right? You hear about this explosion and the first time you read the story or hear about it, the first thing you think is hopefully not anybody was killed. And nobody was. I mean, it's a minor miracle that nobody actually was killed in this. So then they start.

Stop right there. Yeah. Thumbs up in a shout out to those six cops that evacuated everything and the two very big cops at the end that split to the end of the streets and kept all the patrol cars back. Thumbs up to them. All those first responders, learnings from everything in America and nobody else got hurt, praise God. And we will never hear the full story of the heroic efforts of these cops.

When they heard that recorded message on this RV saying, if you hear this message evacuated, you hear this message, they were knocking on doors, saving lives, six cops. And in the year of defund the police, the year thankfully ends with us understanding just how important they are. I mean, this is such a joke.

Anybody that still believes in the defund the police movement, especially when you see the murder rates that have gone up, Minneapolis murder rate is up 74% over last year. Dallas is up, Dallas is up 34% shootings insane how much they're up. I mean, when you start peeling back and look at the number of cops that are taking early retirement, man, it's going to scare you for what's going on in the future. But kudos to those law enforcement officers in Nashville. It was unbelievable. So then you start learning more about this nut job, right?

You automatically sum up what's this guy's problem? What's he trying to do? Yeah. Today's story comes out that, you know, not all the neighbors are going to start talking. Yesterday one of the neighbors that talked to him at the mailbox said, Oh, yeah, he was going to say that everybody's going to know my name in a few days. Today, one of his old friends was saying that he was a pot smoking, cop hating kind of oddball weirdo. So he has to be weird. The other interesting back stories about this guy is he was sued by his own mother over these two pieces of property that he deeded to this woman, this 29 year old executive in the entertainment industry,

she works at AEG in Los Angeles. She now has two of the houses, one of the which Warner was living in, Warner is the name of the suspect. So it blows up this entire street, right? This RV explodes and then you're thinking, why this street? And then, you know, it's looking like the target

was this AT&T building, which was on that second street in Nashville. Not just any building. And the right, exactly. Massive regional switch center. Yes, so, you know, cell phone services down throughout multiple states in the area including Nashville, the flooding, you know, from this explosion

led to the service being outed. But, you know, you're gonna see some other stories now. Maybe some conspiracy theories are people that are, you know, look into this thing a little bit deeper. But one of the things that that AT&T control operations headquarter thing did there on Second Street was have something to do with the compilation of the voting in Georgia, all right? So there is some sort of connection between AT&T

and that building in Nashville and what's going on as far as tabulations and data and things that are happening regarding the election in Georgia, the Senate runoff. So, you know, and then did you hear, but then, you know, later in the day, they found another van in Tennessee that was recording the same or playing the same type of recording message. But they over have over a hundred ATF and FBI agents on this thing. We're going to learn a lot more about this a lot, a lot sooner here.

But this guy was an oddball. He apparently was paranoid about 5G technology. So it only makes sense that the AT&T building was what he was going after. Tom. I think this shows you kind of the dark side of passion. I think this shows you kind of the dark side of passion. You know, and the riots we saw this summer was a dark side of passion.

And, you know, it really disappoints me to see what's happening in America. When you see people like this that are just, you know, stepping up and doing it, it just kind of flipped me out. Question becomes, can these events be prevented? Can these events, can this, can Boston, can these types of events?

That's the question. That's the question. I don't think we want a nanny state, but I think that, you know, there's a difference between those two guys in Boston. Remember, one of them ran over his brother and killed him in this shootout. Remember, let's just remember that.

Family ties there, baby. I think what this is gonna bring up, I'm gonna be more aware of my neighbors. And if I got a neighbor that's on the friends, it's not that I'm gonna turn them in. It's like, wait, what's going on here? And I would hope it leads to an America, that's not like a nanny state spying on your neighbors,

but it's aware of the people in your life and is aware of things and people can get help. And I think we'll prevent some of things like this. Those two guys in Boston, they were radicalized students. This was like a hard plan. This guy seems like he was a lonely, weird, cook over time that took a horrible big step. I think.

Tom, question for you guys. Question for you guys. OK. So you remember that one movie with Tom Cruise that arresting people on future crimes, what was the name of the movie? Minority report, right? Do you think we're ever gonna get to a point

where one can, based on searches you're making? For example, if I go on Google, okay, and I'm searching, how to make a bomb, and I go and do searches like that for one day, two day, three days, how to make a bomb to explode a building? How to make a bomb? And I go and do searches like that for one day, two day, three days. How to make a bomb to explode a building? How to make a bomb? Do you think there's any day, anytime soon, that we'll get to a point where there's going to be a trigger to have somebody come in, you know,

see, why is this guy searching these kinds of, what can be done for people like this to be prevented? Can this be prevented? 100%. I mean, it is. Yes, well, it's a beautiful city, man. This is how I lived there for a couple of years. So how can you prevent this stuff from happening? Pat, Pat, I mean, take about it.

Did we think a year ago that if you tweet something out, that it could be censored? Okay, so even in this past year, we've seen where if you do something online, there's repercussions. If you start talking about bombs or radical groups, or I hate the FBI or things like that, you would think that they would be able to intercept this, especially if you couple

that with, he went down in about 50,000 pounds of fertilizer, right? I mean, that's usually a bad mix to make a bomb. But the FBI said this guy wasn't even on the radar screen. They didn't even know about him. So you can have a lone wolf like this who's tactical, who's weird, who's crazy. I want to see what's going on with this 29-year-old executive in LA. She already deleted all her social media, so there's some sort of tie-in with her in this quack from Nashville that blew up Second Street, but sometimes just an infatuation for a woman

can make you do stupid things. Well, what I'm trying to add, my question is more from a perspective of your big on technology, your fana technology, your believer technology. We were talking about earlier with AWS doing $22 million in Q3, not $12 million Q3, I'm trying 12 billion in Q3. Yeah, and monster about to pass up

some of these other guys, which we'll talk about here in a minute. But do you think there will be a time where we will have a technology that's going to say be careful. This guy is scoring in a 80% how that he's about to dot, dot, dot, where action can be taken to prevent behaviors like this. Do you think we'll ever get to that point? We're in the baby stage of it right now because the United States Secret Service does this all the time.

And they are, they scan, they have analyst groups, they have a ton of technology that's going out there, looking at the inflammatory statements and see if there is, develops a person of interest to go pre-interview. Secret Service, I'm not going to do it in an interview. You can go look up, you know, Secret Service, interviews, Secret Service, spot on your door and do an interview. You can go look up, Secret Service interviews, Secret Service spot interviews, field interviews.

There is a non-armed side of the Treasury Department that was working on counter-fitting and everything like that of the Treasury Department that is out there doing it. So in a small way, it's happening now, whether trying to use AI and other things to say, should we knock on somebody's door and go check them out before they do something? So in a small way, it's happening today. What I think is the technology is accelerating and I think it's accelerating and I think that, you know, what, if you're a little bit more of a conspiracy theorist,

you know, you have all these antitrust hearings, everybody's getting pulled except read hastings in front. Google, Twitter, Facebook, they all end up in front of Congress in these antitrust hearings. There's a simple deal so we'll be made, right? I'll tell you what, you know, we're gonna suspend this hearing, but this is what we need. We need access to this.

We need access to that. And the government will have access to it and they'll have their own think tanks and stuff. So I think we're starting today and it's only getting bigger. I think you're right. I'm sure there's so far ahead of it already. And I have no problem with it

You know if you think that's an invasion of the of your privacy stop talking about building bombs online then I think if you're doing that and you create that sort of red flag the government should come knocking on your door and You know here's the next question. Can they send a drone over you and take you out if you're a real big threat like we do with terrorists You know around the world, but yes You went straight from like progress to fricking Middle East, you know, a permission to take a guy out time. You went all the way to the end.

So I did. Yes you did. I kind of did fast forward that a little bit. Would you be, if you listen, I mean, we got a one of the Vitaneers face that thank you for talking about this all the way from Nashville. T- 419 gave five bucks and he said presidential elections tend to have greater democratic turnout so the Georgia runoffs will most likely go to Republicans. Interesting presidential elections tend to have greater

democratic runoff turnoff so the Georgia runoffs will most likely go this is I think that's 419. Interesting point on what he's saying here and then we had a couple others we had a couple others. We had Jonathan Ventura. And if you want to eat at the restaurant, but feel like you should be social distance, and with a mask, there is a spot in the restaurant, one or two tables that are socially distanced.

Jesse Ventura, you may have given something prior to that. That is the only one that I'm seeing here. But I'm curious, how many of you that are listened to this right now would be comfortable if we were to get to point where technology's watching, curious, how many of you that are listening to this right now would be comfortable if we were to get to a point where technology is watching people's behavior online where it's not necessarily a Facebook watches you talk about the furniture that you want to buy next you know 70 furniture ads come up and like wait a minute I didn't even touch

my phone these ads come up but this time around you're having a conversation you're sitting with somebody talking about I'd love to bomb this such and such place or blow this place up. It leads to triggering a federally funded organization that comes out to want to investigate to see why did you say that and why was that come. Would you be comfortable with that if you're listening to this? Would you be comfortable with the government because remember FBI was an idea. Why don't we come out with the Federal Bureau of Investigation? What is it? Here's what it does.

CIA was an idea. A lot of these organizations are ideas. Trump just came out with a new, uh, the space, uh, what is he called it? Space Force? Something like that. Space Force. If I were to told you 10 years ago, Space Force, you would have thought it's a Hollywood movie, but it's actually a real thing.

Space Force, right? Would people come be comfortable with us coming out with an organization that actually studies your behavior and you could get arrested for potentially a future crime you may commit. Don't forget Homeland Security. Right. Homeland Security is brand new. Bo Shook. Yeah. Brand new Spook. November, November of a 01 is when it came on. Brand new. And by the way, if you want to think about surveillance, that's the guys that would have all the permissions. Now we're doing this to keep America safe.

Listen to what they say about the virus, right Pat? We're doing this, we're doing the lockdown so you can be safe and people buy into it. You know what? We're doing Homeland Security, we're doing all this things into your background so you can be safe. Would you be comfortable with that? Would you be comfortable with what I just said?

Kyle, would you be okay with that? It's like my minority report. Yeah, would you be okay with that? You wouldn't be. Sam, because a part of the power would be abused, right? Absolutely. I always go too far. Sam, are you in the same place?

Kyle, are you also in the same place? Yeah, because I'm thinking of a side of like, people say things, sometimes out of anger, and frustration. Yeah. Yeah. And a mental crime is not the same as a physical crime. Well, have you ever gotten into a fight with a Middle Eastern? She see the things they'll say.

I swear to God, say that again, I'm a bomb this place. Like every Middle Eastern would be arrested in Glendale because when the fight breaks out, this is I'm going to bomb this restaurant and, you know, people would be, but that's a good point. Hey, by the way, I'll take the opposite of you. I got no problem with it I know I got no problem at all because I'll tell you why I got a better chance of getting blown up by some psycho by getting killed Then I have a totally cool. I'm cool with it because I'm not gonna I'm not gonna talk about it on social media. So I want the idiots that are gonna do it to be investigated You know who else should be investigated the neighbors that come out the next day and say, oh,

he seemed normal. Oh, he was such a nice guy. Investigate them because they're stupid. If they can't see some of these clues that this jerk down the block or on the call this that has an RV and there's a ticking noise coming out of it for the last three weeks. That's insane. By the way, a lot of people are commenting saying, I don't trust the government with dictating morality and speech. Edward Snowden told you this already. That's insane. By the way, a lot of people are commenting saying, I don't trust the government with dictating morality and speech. Edward Snowden told you this already, it's already happening, Pat.

Will it pick it up if it says something mind blowing? No, because they would abuse it just like the Patriot Act. It's got a good point. Homeland Security is scary enough. That's a big time tyranny says Dutch 1999. And we had a Mohammed Karmann, Karmron said, Palantir's already has a minority report that it's called Gotham and they are using it right now.

We talked about Palantir before and all of a sudden they became a $20 billion company and no one knows who Palantir is. So it's already in the works, but it doesn't seem like a mix. I think 90% doesn't want it, 10% wants it, 1% cannot wait for it and that's Tom Zender's community. So he is looking forward to that.

Okay, so Tom, Elon Musk sends a tweet out. And somebody asking, David Leon, December 24th, asked him a question, says personally, I think Elon Musk is the best investor of capital and innovator at scale in our generation. That might be an understatement. Kal, if you have that tweet, if you can pull it up, that might be an understatement. This is an opportunity to create a structure that would optimize his time and interest

the most, right? And then Elon Musk responds to an engineering design and general company operations absorb vast majority of my mind and are the fundamental limitation on doing more. Capital allocation is important but low CPU load, Tesla publicly, public company duties are much bigger factor but going private is impossible now parentheses, sigh. Okay, yes, sigh. Now while you're looking at this tweet with what he says, what it does, the, sigh, okay, yes, sigh. Now, while you're looking at this tweet with what he says, what it does, the Tesla stock,

Tom is gonna give us an update on that. Here's what ends up happening. GM's 27 billion electric bet begins with bad boy Hummer truck. The giant auto maker plans to push out 30 electric vehicles by 2025 to take on market leader Tesla Inc, starting with the two most iconic brands at the top of its roster, Cadillac and Hummer, GM is spending $27 billion in an all-out effort

to remake 40% of his lineup and retool one-third of its US vehicle assembly factories, putting it in a one-way path to electrification, Tesla's aggressively building more production around the globe, the president, a like Joe Biden and other political leaders, elsewhere pushing more EV-friendly government policies, that will help plug-ins as a cell.

Like Tesla CEO Elon Musk, Bera has an advantage over rivals such as Ford Motor Company, Volkswagen AG, planning full supplies of its own batteries, co-developed with partner LG, Kim LTD, the much, anyways, this is going to talk in about

who can potentially compete. GM is also boosting that truck, will go 450 miles before needing a chart. Tom, what happened when Elon Musk sent this tweet out on Christmas Eve? Well, the stock went up because everybody's like, oh, he's never going to take it private. So it was kind of the opposite of that thing. Ready to go private. Funding secured.

And the Security Exchange Commission said, all right, buddy, pull over. License registration, please. You know, and what nuts, what I think people forget is he is still the leader in EV, monstrous leader in EV. You know, he has 80% market share in the United States. So all these great big articles about GM and everything, GM's a very capable company. They're giving up Cadillac and Hummer,

high end cars that are very expensive. There she is, that's Mary Barrett. What she was saying right there is, dear God, please make my stock grow up. When I say the word electric, dear God, please make my stock grow. Did it help? No, no. It was kind of like a rosary. She just kept repeating and it didn't really help at all. She stuck at 60 billion in market share, which they sold about eight, it was interesting to that. They sold like eight million cars this year, approximately. And at 60 billion dollar market cap, that's about $7 here's an interesting stat. They sold like eight million cars this year, approximately, and at $60 billion market cap, that's about $7,500 bucks a car.

So you gotta say that one more time. So they sold eight million cars in 2020. Correct. And then the market cap is $60 billion. Correct. So it's about $7,500 per car. If you just use that as a measure. And if you contrast that with Tesla,

which is $6,600 billion market cap and they sold about $435,000 cars this year. It wasn't for pandemic, they would have touched half million cars this year. So that's $1.4 million per car sold. So in terms of future value and what people think, Elon Musk is two universes ahead, but GM's going to catch up. They're going to catch up and figure it out. And the Model S is old. It's eight years old, but it's nice.

So Elon Musk is about to be in a more going to go from the leader status to a guy that's got other sharks in the same pool with him. But I don't bet against him, but this feels a little bit to me like the Empire Strikes Back. Like here comes the second chapter of the movie is what I feel like is coming. You know, GM only sold 110,000 cars this year. That's 1.4%.

Yet this is their website. And you look up there. GM's path to an all-electric future. Nevermind, 98.6% of our cars still use dead dinosaurs. So it's Yeah, is this fear is this strategy is this urgency? Is this the right strategy? What would you say about this? I think it is I think it's fear and urgency right now and I think they're trying to move their their stock and they're trying to get out of front of it. I do think it's fear and urgency right now um because Tesla because Tesla is ahead,

but the one that I would fear, if I was Elon Musk, not fear, but keep an eye on, is GM because of the battery supply chain? Because right now, the battery pack of the car is still more expensive than the internal combustion engine. It's still more expensive. Those lines will cross. We know they cross with volume.

Today, LED lights, very environmental and everything, and nice light in your house, you use a lot less energy. You can go buy a pack of 10 for about 40 bucks at Home Depot now. You just go back eight, nine years ago, a single LED light bulb was like 50 bucks, and now you're buying them in super packs.

The same thing's got the batteries. And when those lines cross, people like GM are going to get volume on their side and push. So he's got to put out new cars. He's got to keep driving. Tom, let me see. Let me give the math one more time, what you just said. This is very important. I don't know if you guys caught us or not.

Did you guys catch what the math he gave or? Okay. So here's pay very close attention to what Tom just said GM sold 8 million cars 8 million cars not 800,000 cars 8 million cars and their market cap is $60 billion if you take 60 billion You divided by 8 million times getting 7,500500, they're making. Okay, right. This year. Now, if you take, is it $8,7,500 or $75,000, Tom?

Is it $7,500? $75,000. If you take Tesla's market cap, $600 billion, but they only sold $435. So GM sold $8 million cars, they're worth $60 billion, Tesla sold $ 435,000 cars. There were 10 times more, but they sold 20 times less cars. And if you break down the 600 billion by how many cars they sold, the average car they sell is 1.4 million out of profit to them. You got to know somehow this market is right now saying what Tesla's worth.

So here's what I read about an article, Tom wrote yesterday on VT post.com. Wells Fargo is saying Tesla is about to be the next AOL in 2021. This is Wells Fargo. Wells Fargo is not a small of the company. Wells Fargo says Tesla's about to be the next AOL. So either the market is infatuated with the CEO and they're making the value of this company go to where it's at today or Tess is about to be the A.O. which one is right? Well, he is a rock star. Okay. And that is a big big part of it

And you know what? I think a lot of attention gets placed on this because we're so sick of the negativity all the other news the Corona virus You know the the warring factions between the Democrats and the Republicans, I think some of this, he gets so much publicity, can he be oversaturated pretty soon? I mean, is, can he be overexposed? Sometimes I think there's almost too much Elon Musk, but the guy is so brilliant and he keeps delivering. I will say this, I've never been an electric car guy, you know, and I'm not really a car person, but you know what, yesterday? Have you ever owned one or something?

No, I not. But I live in California, which is the home of it. Where everybody has one. So yesterday, I have a diesel SUV. And there's one gas station I can go to where in California, it's $3.33 per gallon as opposed to $3.63 a gallon. So I drive there. And yesterday, I'm thinking,

I just spent 25 minutes of my day going out of my way to this gas station. So I could save 30 cents on completely overpriced gas the way it is. I want to get an electric car. I want to the mall because I had to, you know, one day over the holidays. All the good parking spots are electric.

They literally build the infrastructure of parking lots right now for you to charge your car. Office buildings, where my office is in LA. I mean, you want the best pre-illus spot. It's where the electric hookups are. And you know what, I'm in. And I think this is the next arms race. I mean, that's why Apple's involved.

This is going to get crazy because the whole world is going to want and need an electric car. And I'll make one last point. You know who should go into the electric car business? Not saying it's easy, but should exon. Right? Why can't they spend, you know, 500 billion in research and development and come up with their own because they're not gonna sell any gas?

That would be hilarious if exon went into the car. That's the best thing. Okay. I have been holding my tongue for a minute, but for Wells Fargo, I have no love for Wells Fargo. Wells Fargo was the nice bank that opened extra credit cards and extra accounts for you without telling you about it, suffered a huge federal, and they lost their CEO and your criminal charges were filed. So I think that there is a bit of, you know, overreaction

there. Is this Tesla kind of come back to Earth a little bit on this valuation over time? Sure, they are, but I don't bet against the entrepreneur and pardon the expression. The engine that is in Elon Musk's heart, he's not just gonna buy and let it happen, right? We're gonna see, remember we thought that the lineup of cars was getting boring? And Elon Musk kept saying, boy, our car's getting boring, we gotta do design things.

He was saying that for three weeks, remember that? Min Ben Woody did. He goes on stage with this incredible, weird truck announcing the Tesla truck. And it's like, oh, okay, the super truck. And I'm moving to Austin. So he knows what he's doing. He's got a whole funnel of things to do. What I would, one thing I would say is what you're talking about moving over to energy. You know, I saw a list of the plug-in infrastructure players and the number two ranked on number

of new parking spots installed is BP. Brief petroleum. Correct, yeah. So this part of my arm from my elbow to my fingertips is doing an electric, the rest of my body BP is still selling diesel, natural gas and stuff. What was interesting, you and I both know a guy, Evie Connect and Los Angeles, Jordan Raymer.

We were in a CEO council together. Remember, Jordan Raymer, EV Connect, he was out there making infrastructures and entrepreneur out there becoming a reseller of energy and building the infrastructure so that our mall could put in the parking spaces and he was trying to convince people don't just make it a benefit for the top three spots. Because the first spots were for handicap, and then we have pregnant mothers, socially really good ideas to do that.

And then we put the EVs up there. No, wait a minute, there's nothing wrong with someone driving an EV, but they get to be closer. And Jordan Remor went out there with this dream, he just said, hey, I think we should build entire parts of parking lots and everything. And so I think there's a lot of entrepreneurship going on there that it's only gonna help, but I'm not betting against Elon Musk.

Pat, I'll make this comment and I'll be interested to see your reaction to it. I think some of Elon's competitors see a vulnerability with him. And here's what it is. He runs two other businesses. He has SpaceX. He has that boring company that's building the tunnels in LA and Vegas and everything.

And he moved to Austin. So his companies are in California. And he's over here. Do you think he's minimized by the fact that he's the CEO of these huge, huge, globally changing companies, something's going to suffer. And I would imagine a smart guy like a Tim Cook and the people at GM and their competitors are thinking, you know, there's part of his day every day. He's not devoting to Tesla.

And does he have enough of an army behind him to make up for he's the man running the show? So years ago, I mean, Ilan, I think, has got four or five kids. He's got a good amount of kids. I don't know the exact number, he's got four or five kids. And I think he wrote about it in an article written by Neil Strauss, a very lengthy article, great article written about him when they were doing

an interview. And one of the reasons why he decided to, you know to go be single is he wanted to marry his career. Now he does his best to be a father, but he doesn't want to have any kind of full commitment. So he definitely wants to be in relationships and not, but he wants to be able to commit to his businesses. His babies are the companies he runs. He treats his companies like his babies. That's where he's at.

I remember one time I sat down with a former CFL of AIG. Okay. And him and I were having dinner where you didn't know you were in there. We were in Ritz Carlton, Chicago, and he's sitting right next to me. And this is when they went and got the money from the government. $183 billion. And I said, so you know, tell me about yourself. You know, he says, well, you know, I do this.

I said, how many kids you got? He said, I don't have any kids. Really? You're not married? It's, you know, I'm married. How long have you guys been married? said, how many kids you got? He said, I don't have any kids. Really, you're not married. It's, I'm married. How long have you guys been married? We've been married for 25 plus years. How come you don't have any kids? My wife and I made a decision a long time ago

that our babies were going to be our career. We were going to dedicate that energy into our career, not kids. And we felt kids were going to take away time away from our career. Now, think about you have kids. You have kids. I have kids.

I got an 8, 7, and a 4 and a 1 on the way, right? You got the dash and a vanka, you got broken Bailey, right? How many total hours has been put in in those kids? Actually think about it. I want you to actually think about it. How old is Bailey? How old is broke? How many total hours of your time have you put into your babies?

Don't say I would not replace it. I'm not talking about that. I'm just asking you. Think about how many of your life hours was put into your kids, diapers, park, pick them up, drop them off, talking into them, sit them down, everything's gonna okay. How many hours is it? It's in, you can't even count them. Plus, I have a daughter named Brooke as well. She's just graduated from Pepperdance. That's how I peppered that.

She grew up in the Bay Area all the time. I've come back and forth. How many hours? I mean, I want you to think about it. I'm trying to think about it. If you were to think about it, put the hours. What do you think that hours is for you? Is it in the tens of thousands? Yes. Is it in the, is it in the thousands? Okay.

So, if you have those tens of thousands of hours that you put into your kids to put into something else, how would they do? So you have to understand the fact that, that, that, the part about putting time into his babies, I think he's got plenty of time. All right, I don't think that's a challenge for him to do. Now, as far as him being exploited and can they get to him and all this other stuff, you know, when you're going into the NBA, there's a couple different kind of players.

You're going to Major League Baseball or NBA. There's a couple different kind of players. There's players that want to play with who, Michael, because they're enamored by it. Like, you know how when Jordan came back and he went to the Wizards, Michael, because they're enamored by it. Like, you know how, when Jordan came back and he went to the Wizards, the bench could never play. He says, my teammates wouldn't play

because they would just stand there and not play defense and rotate because they were watching Michael. They're like, oh my gosh, I'm enamored by Michael. Played a damn basketball game, right? But there were also guys like Kobe coming up saying, dude, I'm not scared of you. You know, I'm coming for you.

There's gonna be people that are to want to compete with you long. That's just, you know, the truth. But wanting to compete with him and maybe not being that next level thinker and genius that he is, you're already starting behind the arm. You are, but there's going to be somebody. The market tells us there's always somebody that comes out that wants to do something. It's always been like that. I also think Tesla has to stay cool.

I'm not excited about a GM electric car. Now I am excited about the Hummer that you had mentioned. That they're gonna come out with a new Hummer that's gonna be electric. Why don't you talk about what they're planning on do with Cadillac by 2025? This is a pretty strong statement made about Cadillac. And I think it's a smart statement.

And it comes out of this fact, here's the simple fact for you. If you take away the federal subsidies and the discounts that are paid for are government on the cars, Tesla is not cash flow positive on each car. Think about that. Even at half a million cars a year, they're not cash flow positive.

So we need these federal subsidies, green air subsidies, so that you can do this. That's number one, very important. GM knows this and GM knows that because of batteries, the cars are gonna be expensive for a while. So I think GM made one really, very good strategic move in Maribar's announcement. We're just saying, please God make my stock go up.

And that is, they're sacrificing Cadillac as a gas brand. Cadillac is going to be an electric brand. It's more expensive. There's a higher price point. There's more features that are inside. So they're going to do that so that the brand and its costs lines up with the underlying more expensive costs to make an electric car. I think that's smart. I think that's smart. They're saying, Hey, by 2025, Hummer is a cool announcement. Cadillac is more of a consumer. Right.

Point of Tesla-esque. Move some volume. People were willing to pay 80 grand to 100 grand for a Cadillac. Correct. And now for GM. So for every Hummer you sell, you'll probably sell five of those little CXCs. I can see that. I can totally see that.

I can totally see that. Let me give a quick shout out to a couple of guys here that gave a few dollars and put comments here. Paul Nieto III said the same thing. I can totally say let me let me give a quick shout out to a couple guys here that gave a few dollars and put comments here Paul Nieto III said the same thing. He said I think the biggest company Elon owns will be neural link If the tech can really work and take off interesting to say neural link he thinks will be the biggest company runs Paul you didn't get a big reaction from these guys, so maybe they're wrong or maybe you're wrong But maybe somebody's right about what crochet just had a bigger quick of a couple hours I don't know if you guys heard about close is bigger quick 6.2 earthquake that took place It's pretty ugly if you type in crochet earthquake

You'll see what happened. I mean it's it's I'm getting messages here Ivan X underscores you are also I know you like crochet. I don't like crochet. I love crochet Did you see news about the 6.2 earthquake that hit about three hours ago? I live 60 miles away from the epicenter, and my Christmas tree fell down. Wow. Yeah, so this is, yeah, if you look at this one here,

it is. That's no joke. No, it is no joke, especially when the infrastructure isn't as solid. We had a flat rate inspection, shout out to Gene Chapman, Gene Chapman of PHP, gave me great $2.5 million index policy, great company family like I recommend all my youth to look into benefits of index life. Great shout out to Gene Chapman or PHP, give me great $2.5 million index policy, great company family like I recommend

all my youth to look into benefits of index life. Great shout out to Gene Chapman, great job Gene, and then we have more that's coming in here from this. So let's get back into it. So now this leads me into what Tim Cook said, okay? Tim Cook goes out there and uses one word in his speech, one word in his speech that made Apple $103 billion by just dropping one word.

Kyle, do you want to bring up that picture? So Tim Cook gets up there and says, we may come out with a Apple car. They have not sold a single car, but they made $103 billion without having sold a single car. Do you think Apple can compete in the car market? I don't think so. In terms of manufacturing it and going through all that headache, but I think that the Apple experience, I think if Apple went to someone like a Ford and says, hey, you build it, but it's the Apple experience and it's all that great connection between hardware and software, because remember, the Apple phone,

unlike Android, the Apple phone, they control the hardware and the software and they make it work together so beautifully. I think if they do that with one of the big manufacturers, I think it's a player. I think it's very, very real. I'll have to disagree with Tom here. I think if they decide they want to get into cars, they're going to do it and they're going to do it very well. They have a couple advantages.

I mean, it's the same analogy with the phone. If someone said, hey, do you think they could have a great phone down the road and who knew that they were already working on it for five years? They have the ability to go higher, anybody they want. Why can't they go get the best people at Tesla? The very, very best in the world, get them and steal the secrets and just do it a little bit better. Plus, you automatically coming out of the gate, thinking that whatever Apple designs is gonna be cutting edge, different cool out of the box,

gotta have it, you know, latest bells and whistles, the whole thing. So, man, I think they're right there. Now, they might be a little aggressive with 2024. You know, maybe that's a little bit sooner than realistically being able to roll these off the assembly line, but man, I'm kind of excited to think what they can do, making cars.

I think it's gonna be spectacular. Here's what Elon Musk said about it on December 22nd. During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla for one tent of our current value, which means around $60 billion, okay, give or take. He refused to take the meeting. Strange of true, Tesla already uses iron phosphate

for medium-range cars made in Shanghai Factory, a monocelous electrochemically impossible as max voltage is a hundred times too low. Maybe they men Cells bonded together like our structural battery pack So I don't know whether that was a shot being taken or not But if he's responding to it, there's only one reason you would respond if you actually think Apple could be a threat if you respond Now, you know for me

By the way, I'll read to you what they said in the reports here. A closely watched Apple analysts is warning that investors should be cautious about a report that an iPhone maker is planning to produce a self-driving car in 2024. Last week's report by Reuters sent shares of companies that build parts of autonomous cars like a little centers, how do you pronounce that word? LIDAR.

LIDAR. LIDAR centers, sensors, soaring. But the hype was purely on speculation. Some of those companies might supply parts of the Apple Car, TFI analysts, Ming, Chi Quo warned in a notice weekend. We believe that the current so-called Apple Car concept stocks are only speculations by the market and do not involve actual Apple Car suppliers.

We also think that because EV self driving car technical specs are still evolving, it is tour to talk about the final specs of the Apple car. The part of this conversation that's taking place is that Tim wants to have one big bang before leaving. Like he's getting to a point where he's thinking about, you know, maybe I've done my part, my season's coming to an end and I want to kind of leave it a splash and it's, I come out with the Apple Car. Like, I would love to see Elon,

I had this conversation the other day with MKBHD, YouTube channel, 30 million subscribers, phenomenal conversation with them. And I said, what do you think are the chances of Tesla, Elon Musk, going into the phone business and winning. So question for both of you guys here. What's more likely to be successful? For Elon Musk to say screw you, Tim Cook, I'm going to go into the phone business and

take market share away from you. And I'm going to create a Tesla phone. Is Elon Musk more capable of competing in the phone business and smartphone, or is Apple more capable of competing in the phone business and smartphone or is Apple more capable of competing in the car business? What do you think? Apple's more capable of competing in the car business. Absolutely.

If Elon puts his head to it, he can. Battery. Remember, he can say battery this iPhone, this computer, a phone that I created a test of the battery life last week. True. True. I'm looking at the entanglements on the phone. The phone is like seven subsystems.

It batteries only one of them. You know, there are so many things that go into a phone as well as the community and the whole application development environment that took three years just to develop that. It is so much easier for Apple to take experiential programming and usage and brand and put it around. And, you know, I think it's far easier for Apple to take experiential programming and usage and brand and put it around. And, you know, I think it's far easier for Apple to make a car with the right partner

than it's gonna be for Elon Musk to make a phone. Complete opposite. I think it'd be way easier for Elon Musk to do a Tesla phone because he's already proven he can do a Tesla tequila and anything else he wants to do. The other thing too is, he drinking and driving. He'd be able to hurt Apple quicker.

Well, that's a good idea. Drinking and driving because it's a self-driving car. And you can drink and you still want it for it. Yes, but you were saying. No, no, I really drink. Give your car the keys. I really think, no, if he wanted to. I mean, look, he's building a tunnel to LAX from Hawthorne.

I mean, good God. And that gets no publicity, or what he's doing in Vegas. The guy can do anything he wants and set his mind to a plus. He could be a little nat nipping at Apple and stealing, you know, 5% of their phone share, which make a huge difference to them. And it's easy, I think you could produce a phone quicker.

So yeah, I think you could do that. By the way, I am so against self-driving cars. I don't want to know that the car next to me on the 405 is self-driving. Really? Tell me why. Because it just scares me. I don't trust self-driving cars at all. You trust self-driving planes? Self-flying planes. Yes, but there's less traffic in the air. The less traffic in the air. And you know what, there's not idiot pilots next to him, you know, flanking him all over, making illegal turns in front of him. But yes, I do trust self-flying planes more than I trust pilots

to be honest with you. But the self-driving cars I cannot wrap my arms around it. I know people that go to work without basically driving. It's all programmed. What about if you have road rage? Is that programmed into it where the car will actually flip you over by the after- Ah, he's the guy.

So, you're saying Apple is more likely to get into the car business and succeed than Elon Musk is likely to get into the phone business and succeed. Yeah, other time makes good points, but I'm, I'm sticking with my point. Here's the other thing, Musk is petty, he'd do it.

I know he would do it. I know he would do it. Sexy, he were to succeed. Not just get into it, it's to succeed. Who do you, who do you bet on? I think making a phone just seems easier than making a car. All the parts. So you think Tesla more than Apple.

I think so. Fortunately, I have to go out of it with Tesla. So Tesla would have a better shot. Do you think in Tesla or Apple? I'm kind of rooting for Tesla, but I think Apple has a really good shot strictly because growing up, I always wondered, you know, what if Apple came out with their own TV? What if Apple came out with their own car? You know what own TV? What if Apple came out with their own car? You know, and

really things, what if Tesla came out with their own car? Oh, can you imagine like, you're driving Apple car. Apple car. What are you about to latest Apple car? I mean, you got to, that car's got to look pretty cool. It's got to look different. It's got to be, they're not going to make a product that doesn't look right. You might get a free laptop with it too. So I like your point too of that Tim Cook might want to have some sort of legacy like here, because if he retires, what's he gonna be known for? He developed a great stock price for Apple.

There's nothing sexy about his legacy. And that's a few companies. Right, and not to say that he's on Steve Jobs level, but you still want to be remembered for something, especially when competing against him. He does the car. And the car does stuff. It's gonna be interesting.

For those of you guys that are watching this, what do you think is more likelihood of happening? Elon Musk competing in a market place with phones or Tim Cook and Apple competing in a market place with cars. By the way, another question for you. Right now Tesla's worth worth what? $600 billion. Do you think Tesla in 2021 will cross a trillion?

I think it's, yes trillion i think it's yes i think it's maybe it's not twenty one or maybe it's early twenty two but i think they will be the next one in the tea club you so you're putting them to cross it so you're saying wall's far guys no clue what the hell they're talking about uh... i'm i'm not gonna debate the walls fargo article i'm looking at

where ill musk is going with energy. People forget that Tesla is at its heart, not on auto-immune campus. The Wells Fargo article is important. They're saying Tesla's the next AUL. You're saying Tesla's gonna be an extrillion dollar. That is an argument. So you think Wells Fargo's way off

with their assessment of Tesla. Way off. Okay, so you think that'll be trillion out of company? Uh, not in 2021. Okay. But I think they eventually will be. And have we ruled out the fact that he could go the route of Alphabet like Google has and put everything

under one umbrella, is that impossible? I think if he does that, he probably won't do that because he knows a Biden administration will try to break it apart. So he's going to be better off just separating all of them so he doesn't have to deal with the politics. Do you agree with that, Tom? Or he wouldn't put everything under one company?

I completely agree with that right now. But the attitude in Washington, I think any smart CEO is going to say hang on. Let's, mm-hmm. Yeah, were you going to say more or that? No, I was just waiting. I was getting it. No, I was like, I think it's like,

let's have some more stuff. Hey, by the way, Pat, I mentioned this earlier, did you know that Elon Musk flew to Hawaii to go meet with Larry Ellison for what? What is that all about? I don't know. He's got to be some stupid thing behind it. No, I'll tell you, but if I was going to go get advice

and regulated, and if I thought I was in trouble, I thought I needed strategic advice on a macro scale, I go talk to Larry Ellison, you know, Oracle and Larry Ellison, they are the Lord God king of lobbying against their competitors and working with the Senate and Congress for legislation that helps Oracle and doesn't help other people. So if I was gonna go get advice or work with people

or look at financing, Larry Ellison, everybody forgets. What number is Larry Ellison? look at um... you know look at financing lariela everybody forgets what numbers larie elison right up there twenty something in the teens how about how about number four five or six larie elis and usually top ten four five or six i like the way you're thinking because you're my first thought was who hates apple does larie elis and hate apple is a but not really i mean there isn't so this direct competitive thing there so maybe the lobbying issue where he stays

a step ahead of it, three, four, five years down the road, tap into some of that expertise that he might have. Elon Musk is not dumb and Larry Ellison would be a great private mentor. And when I mean private mentor, I mean, talking about things at nine levels up. You know what I mean? Plus, he could probably sell him a lot of tequila.

I mean, you gotta really have the American party. Elon Musk tweets out, saying, just meeting with Larry Ellison to seek some advice. Back working on Tesla end of quarter tomorrow. December 28th, 2020, he tweets that out. I mean, you gotta realize, he's sending a message to somebody. That tweet is probably only for one person.

And no one knows without one person. Okay. You know, Pat, that one person is. Okay. You know Pat, at VTPost.com, you know, you can kind of get a good gauge on what's driving the world, what people are interested in. There isn't a day that goes by it, or I'm not picking an Elon Musk story. He's relevant every single day with something he does. Got to get it. Or at least interesting.

He's at least interesting. And if you're going to go visit Larry Ellison, the nice thing about Hawaii, you can say Larry, I'm going to bring my PR person, my security detail, my entire family. Do you have space? You know, it's like, I own the island of Lennon. Great. So you have space. So you can have private conversation with Larry and there's just a lot of space. Step for the 2% you said, right? Yeah, 2%. He owns 98. But there's 2% state, apparently it's emergency services and basic security. You know what he paid for? Do you know the number? he paid for it? It was, it was like 100 million.

It wasn't much. I thought it was 700. I thought it was less than that. But it was less than that. Yeah. What was it? It's less than you would think for out of Hawaii and Ireland. You know who else bought a ton of property out there?

What's that? Isn't it Zuckerberg? Wasn't he buying a ton in Hawaii too? Well, he bought a plantation for himself out there. And that's a little south of Ireland, but it's something. Yeah, okay, so stimulus bill, let's talk about the stimulus bill. Apparently it finally got through.

Trump has signed into law a new $900 billion of coronavirus relief and stimulus package, among its provisions, an extension of last spring's paycheck protection program, allowing another $284 billion or so for giveable federally backed loans for a link, small businesses, the initial program overseen by the US government treasury

and small business administration, shepherds some $255 billion to more than five million recipients, but was fraught with loopholes and liabilities that raise countless issues throughout an already complex process. And then at the same time for unemployment, the COVID portion of the bill revives a weekly pandemic jobless benefit boost. This time, $300 through March 14, it also extends eviction protections, adding a new rental

assistant fund. Trump signing into this bill is $2,000 plus the fact that Trump signed the stimulus into law, make, take pressure off of republicans in both the house and the senate to vote for the boosted checks allowing them to stick to their guns on keeping the size of the relief package under control the government is now funded for the next year crucial benefits helping americans through the pandemic are renewed and six hundred dollar checks will be on its way if the two thousand dollar checks don't pass thoughts

First of all, I'm glad they closed the loopholes I saw thing in here that they have a a loss test So your business can't apply for scoop number two unless you can show that you had a greater than 25 percent You know quarter over quarter drop is regard a pandemic. I think that's a good thing because I agree The resume businesses out there that just ran and got the money. Yes, that's a good thing. Because I agree. The receivables businesses out there that just ran and got the money. We read about sports teams at R&D got the money. Lakers got four and a half million. Harvard Business School got, Harvard got eight

and a half million dollars. And meanwhile, the Lakers gave the money back by the way. That was a game. That was a game. I don't want to start a game. But meanwhile, the small restaurants and dry cleaners and people that are in the neighborhood around

Staples Center downtown, you know, we're having a hard time getting five grand and the Lakers did, but Lakers gave it back. So when the spot light got shine, they gave it back. But I like the fact that there's more tests in now. And it appears that this is more friendly for the small business guy to get in if you really had a loss. And it looks like it's harder for the medium and large businesses just to go fill out the

forum and get some free capital. I like that part. Just when you didn't think things could get any weirder, you have Donald Trump agreeing with Democrats, right? Pumping up the check value from 600 to 2000. This whole thing has been bizarre. The Senate still has to confirm this thing, right? And they're ready to break for the new year here pretty soon.

But good old Bernie Sanders, is there a bigger ego maniac on the planet right now than Bernie Sanders? I mean, this ego maniac on the planet right now than Bernie Sanders? I mean, this guy's ego is so far. He's got to be up there. It's up there. Here's what he said today. I will shut down the Senate. I will force people to stay through.

Who are you? You are one person from an irrelevant state number one, New Hampshire, basically irrelevant. I mean, who knows anything about New Hampshire. But he's out there saying he's gonna keep the Or Vermont which looks but you probably got it probably got him. I used to live in New England. That's a big Because all the small states look alike, right? But you know, I'm in favor of anything that's gonna help the economy I'm in favor of anything that's gonna help small businesses. It this also just shines a microscope on what's going on in DC This bill was 6000 pages long. Who has a chance to actually read 6,000 pages

of this legislation? All the pork that they try to jam in this thing is disgusting, but if it helps businesses, if it helps Americans, if it helps the economy, I am 100% behind it, I like the fact that Trump fought for a little bit more money because 600 bucks really isn't that much. If you're gonna like sign off on a bill

of this magnitude, have a little bit more money going to American citizens, I think, is okay. And I just hope there's less fraud because when that first bill came out, there was so much fraud, so many people take advantage of it. I hope that they found a way to shut that down. What is it's gonna do to the economy? I'll leave it up to you to answer that one. What is it gonna do to the economy? It's gonna give people a little bit more confidence, maybe hope, maybe having a little Thought that they can pay some more bills maybe inject more money into the economy. I would imagine it will have some sort of short term effect Yeah, I think it's gonna be a little lift going into first quarter. Absolutely. I think January we're gonna see some you know

Those little stats that come out. Oh Costco's up a little bit Yeah, I think the average Joe there's able to get a check is gonna be able to do a little bit And I think it's gonna be a little bit. I think the average Joe that is able to get a check is going to be able to do a little bit. And I think it's going to be a little short term pop. I think the Wall Street reaction will be greater than the real impact on the average guy. The Wall Street re-tummy, what do you mean by that? I think the market will be up more than the actual change and the lift and the help that we gave to the average citizen. Got it. So the rich will get richer than the poor. We'll get a little richer. You're saying the rich is going to benefit from this more than the poorest?

Yeah, absolutely. Or the ownership class that's owning companies. Can you impact that? Why is that? Well, because the market's going to react and the value of the assets are going to go up for the people that already own those assets. I was sure.

And don't, and, you know, and make more money and didn't need that extra thousand dollars and we're ineligible to it. And the little guy on the corner is going to get a thousand dollars and it's going to be thanks that helps me a little bit. Meanwhile, he's got another eight thousand dollar credit card that everything he's gone through. You know, that's the part that this kind of fries me a little bit is we never do enough

for the citizen that's down at the end of it. And in my opinion, paycheck protection completely missed it. What paycheck protection should meant, if you approve, you have no layoffs, and you approve what your payroll is, we'll pay X for a given amount of time. And they did that weird thing where they would give you some, and then maybe we forgive it, maybe we don't forgive it. And it just seemed like that the little guy

didn't get enough. So my opinion is, did they do better this time? Yeah, but I'm not cheering about it. I think the little guy still needs a little more help. Who wins here? Democrats are Republicans. Probably the Democrats will spin it in a way that they got Trump to come over on their side

a little bit more. I don't look at this and see that there's one clear winner. Okay. I think if you took a poll on the street, the election's over, except Georgia, but the average person on the street, I don't think is going to give a passing grade to his government on this. Regardless of how they voted. So right now, as it first say that the main thing that matters right now when it comes

on to politics is one state. 11 million people, right? Georgia's no more thing that matters. when it comes on to politics is one state. 11 million people, right? George is the one thing that matters. Does this influence anything there? Like, is this something where Trump's gonna go and say, Republicans got the deal done? This is why that, that, that, that, that, that, and the Democrats wanted to only give $600 and send the other money to all these special interest groups and other countries.

And we got it done to get the money in the American people. You think that's gonna create some motivation for people to say, you know what Republicans got to stand? This is the last weekend. You're going to see those comments and more. There's going to be all kinds of those claims, I think you're on it. You're going to see all kinds of those claims made in the last weekend. We're not going to see them in the rest of the U.S.

But on TV, radio, the Georgia voter is going to get bombed by people taking credit and spinning that. I don't think anybody's vote to get bombed by people taking credit and spending that. I don't think anybody's vote could be swayed by that at this point in Georgia. And I wish maybe 20 billion of this bill would go into making sure there's no fraud in the election, that there's people looking at every one of these votes, making sure that they're checking the signatures, and making sure that whatever happens in Georgia on January 5th is legit. I mean, I think that's what everybody wants to see.

I think people want to see that taking place in georgia okay so let's talk about the little china you know since china's are uh... you know what one of our favorite topics to go through chinese journalist who documented will on coronavirus outbreak jail for four years jang jang thirty seven years old was found guilty of picking corals and provoking trouble according to one of the her defense lawyers jian kiki

who tended to her hearing the her defense lawyers, Jan Kiki, who attended her hearing, the offense is commonly used by the Chinese government to target dissidents and human rights activists. A former lawyer, Jan Kiki, traveled some 400 miles from Shanghai to one in early February to report on the pandemic and subsequent attempt to contain it. Just as authorities began raining in state and private Chinese media for more than three months. She documented snippets of her life, under lockdown in Wuhan, and the harsh reality faced by the residents

from overflowing hospitals to empty shops. She posted her observations photos and video on WhipChat, we chat, Twitter and YouTube, the latter two of which are blocked in China, and she's now going to jail for four years. Thoughts. Scary. I mean, my God, I don't know, four years. What she did, you know,

it's not that she was writing editorials every day railing against the president or railing against communism. She was basically documenting life in China during the pandemic. And then, you know, the thing that just is crazy about this is these charges. I mean, it almost seems like two bizarre,

like you couldn't even make it up, quarreling, you know, things like that. They can literally almost invent a charge to suppress people, to lock them up, to show that they're in charge here. She's one of at least 47 journalists that are in detention in China right now. So it's not like she's the only one. And you know what, they get these people,

and they're forgotten. I mean, who knows what they're doing to them behind the scenes before they even put them in prison. So it's pretty scary, you know, that they can control every bit of information that's said about it. And just, I think the other interesting thing is to watch how the American media treats this story.

Like if they're not appalled by it, there's something wrong. Well, I think the US media is gonna, it's gonna talk about this, but then kind of give it a little bit of a pass because the corporate tentacles go all the way from here to China. Let's face it, there's another word for China, it's called factory.

And if you wanna change the cost structure of everything you buy from this pen to the iPhone to the seats in your car, get ready. So a whole economic case study I could drop into there. But this does not surprise me. China, this is, you don't disagree with big poppy. That's it. And it's not surprising.

And I think... Tom, you like, you got very strong opinions today. I mean, you got to hold back a little bit with your opinions. You're going, you're on little too strong today, and I think you're offending people. You know, I would like you to taper down a little bit and not upset the folks of China because they may come after you. So, you know, I don't know if you guys are getting to my drift. You know, it's a little too much, Tom.

You're offending my friends of China. Okay. And if you piss them off, they will come and they will find you similar to the line from the girl on wedding crashes. I will find you. Okay. If you remember that scene, I don't know if you know, I didn't know why. That's poor as a wife that did that. That's right. She's a beast.

By the way, I didn't see wedding crashers. No, I mean, it's a very, it's a highly recommended by me. You got to see it. This is Christian.com website. It's a beast by the way. I didn't see wedding crashers. No, I mean. It's a very highly recommended by BigHot at this Christian.com website. It's a... There might be a PG version of it out there somewhere. I'm speechless. It's 13 minutes long edited. It's the credits.

There's some kind of a wisdom in that movie. There's some kind of wisdom in that movie that you could take away. All right, so let's skip this China topic, Tom. And we'll go to another topic that we have here. How about let's talk about China taking over the world? Because we haven't really, did we get into the numbers of China being the biggest economy in the world or not yet? We haven't done that. Okay. Another painful pandemic side effect. China's economy is now set to pass US in 2020. It has worlds largest. And an intriguing twist, the COVID-19 pandemic,

which has its roots in China, is a primary reason the Chinese economy has expected to overtake that of the US within a few years. A report said China's decisive actions at the outset of the outbreak combined with the disastrous effects on the American economy. Archaeist Chinese President Xi Jinping said last month that a doubling of his country's economy was entirely possible by 2035 under his five-year plan for an improved brand of socialism. Japan would stay at number three for another 10 years before India takes that spot. Germany would drop to number five.

The report US growth slowed to 1.9% per year between 2022 and 2024 and then a 1.6% which is even lower. The yearly expectation for Chinese growth is 5.7% from 2021 to 2025. Then 4.5% from 2026 to 2030 would have transferred down to 3.9% but still 2% to 4% faster than the US economy. Are we one day soon going to look at China as the biggest economy in the world? Yes. Absolutely, it's going to be.

And the rest of the world using China as this factory is letting it happen. When the jobs go up and manufacturing jobs are over there, and that's why you have cheaper products over here. If you take that away, it's, you know, prices go up on a lot of goods. It's going to be the largest economy. It's going to happen.

I'm frankly shocked. It's not sooner than that. And I think it might be. I think if, depending on what happens in Georgia and what happens here in the next three, four years, it might happen by 2024. That would not shock me. And here's the difference.

China, everything they do is proactive. Everything we do is reactive. We bicker amongst ourselves. We think we're our own worst enemy. China knows who their enemy is. It's the rest of the world. And they unite and they go after it, and they have a plan. I mean, everything is used as leverage for them.

They're just smart about everything, including the pandemic. All right, it's almost like they knew about it or something. So yeah, it doesn't surprise me at all. Look at the population difference. They already have that built in advantage. Look at the other key factor is California, which is the world's fifth biggest economy on its own, is slowly slipping into the toilet.

So yeah, that's going to have a big effect on everything as well. So yeah, this is going to happen, it might happen sooner than these economists think. What does that mean, though, if it does happen? What does it mean? If it does happen? Is there any thing to it? Is the American dream going to be getting a black eye? Is it going to be, is a book going to be coming out titled the Chinese Dream? No, but is that what it's going to come out? It's going to get a Chinese dream replaces the American dream. That's how they'll spin it for sure, but it will be a hundred percent a testimony to the fact that whatever we've done to fall into second place isn't working.

And you know what? It's just ego-wise. We don't want to be second in economy, we're America. Come on. I don't think life in America will be altered one bit by the leaderboard of the world economies. I think you still got freedom, free enterprise, and people here are gonna dig it. They're not gonna say, oh my God, I see you with you guys. I never said that. I disagree with still got freedom, free enterprise, and people here are gonna dig it. They're not gonna say, oh my God, I'm gonna do it.

I wish you guys. I never said that. I disagree with that as well, because I think China's gonna use that and think that they can be number one in everything and the military. I think it's gonna be. That's different.

You're talking about, you know, average-john United States. I think it's gonna, China will use that information as leverage. Forget about China. Yeah. Forget about China. There's one thing you guys are fully missing and not not not thinking about. Okay. So imagine it's 2032 and your kids are going to school. They're going to UC Berkeley. They're going to whatever place they're going to. Okay. And Professor Johnson, Mary Johnson, is up there teaching economy. And she says, for decades, America kept telling people that the best system in the world was capitalism. Well,

guess what? China proved that it doesn't work. China proved that the right way to run a country to consider is communist at the top and socialistic at the bottom to think about the people. And America only thought about the rich people and this is why America eventually lost. And our China is bigger than America. So to all your capitalist uncles and fathers that were talking about America's the greatest country in the world, I hate to spill it to you boys and girls. They were wrong and you're 19 year old kid who you're spending at that time. $107,000 a year to go to school, a sitting there saying, Mom, my teacher today, you

know, Miss Mary Johnson said the fact that capitalism sucks and she's right because if capitalism so good, why did China pass up the U.S. economy? Why? Maybe we need to consider some of this principles and Karl Marx communist manifesto. And we need to look at the fact that communism and socialism isn't really that bad. Maybe these Americans all they care about is money. You are going to see teachers run with this like you've never... Richard Wolf will be a celebrity. Richard Wolf is going to come out saying, I told you so.

And all the capitalist author, the Arthur C. Brooks, the Milton Friedman community that comes from that lineage, the Thomas Soul community that comes from there, they're gonna be sitting there saying, well, because China has 1.6 billion people on Marcon yesterday, and all those arguments are gonna be made, and every time they're gonna say, but China passed you up, but China passed you up,

but China passed you up. You don't think that's gonna have a negative impact for the next 20, 30, 40 years of the way kids are going to go to school? Really? I don't know about that, guys. And this is coming from a guy that's a capitalist. Well, they're probably already doing it. The Mary Johnson's other world. But the Mary Johnson don't have an argument yet because they haven't passed up yet. What happens if they do pass US economy up? Well, when they do. And then will we ever be able to catch them again? Tom looks like you want to say something I hear you and I think it's gonna be spun that way and I think it's gonna be seen that way and it's just

You know, I think it's it's gonna be like the remnant, you know We're all the remnant out there trying to Tell the story and trying to help people understand. There's a better way. I Like the the the scenario with the conversation. With Mary Gauder. You didn't go there? You didn't go there, visual. You seriously Tom. You are a capitalist.

I am a capitalist. I'm a capitalist. You didn't, because look, okay, so remember this. Let me go back to what the guy that I interviewed who said, who were the top five most powerful organizations in America. Remember what he said number one was. Number one was, did he say who did he say as number one?

Was social number one? No, social was a number one. President was number three or four. Oh, who was number one? University, he said number one, okay. Then he went to social number two, out, new universities, Congress, president, social, then mainstream media. He actually didn't think mainstream media was as powerful

as he thought social was above the rest of the guys. But if he is saying universities, and if universities are getting an innocent 17, 18 year old kid that comes in for four years, and they can indoctrinate a certain mindset into them, how long does it take to get them away from that mindset? Meaning, you know the whole saying that goes, if you're young, you know, and what's the code?

That says, if you're young and Democrat, it makes sense, if you're old and... Oh, if you're young and Republican, you have no heart. If you're old and you're Democrat, you have no brain. Yeah, if you're young and Republican, you have no heart. If you're old and you're a Democrat, you have no brain. Yeah. If you're young and Republican, you have no heart. If you're old and Democrat, you have no brain, right? Okay. How long does it take after a kid goes to school and after coming out of school and again,

to the whole thing about rich people, so capitalism sucks, all this. How long does it take for them to finally say, shit, I don't agree with my teacher. How long does that typically take? Go what's the timeline? Can we say 10 or 15 years? Is that probably a good timeline?

No, I knew friends when I was getting MBA. Not you don't think about you. I'm talking about the average person that gets at, not Tom L's worth. Got it. So you get at a 22 year old and you are saying rich people are bad. They're greedy.

All they care about is themselves, not over with these other social countries are more about their people than Americans. After 22 years old. How long takes the average for your graduate until they realize capitalism is actually pretty good? Is it 10 years? I think it's 32 by 35 by 40. I think it's five to 10 years because I know of a lot of folks in Silicon Valley that

are two-sided. You know, on one side, they want wealth, they want things, they want a spire, they want to be an owner, they want a VC to invest in their company, and they want those fruits. On the other side, they do feel very passionate about racial equality, equality for women, and moving these social agenda things forward that they think are right, and they are right,

and they are important. It's things that we need to progress on. But inside, they'll tell you they may not like some of the fallout of capitalism, but they all want to move forward and they wanna earn more, and they look at the taxes. I think you are really being naive right now. Gotta be honest with you, Tom.

Are you really telling me the effects of China passing US and these professors using it to absolutely crush the brains of our young future generation. You think they're going to take it easy? No, that's bad. That's going to be the way they're going to play that card and they have the validity. There's a different story when somebody pitches it this way. Like think about it when somebody says, capitalism's bad and America's very greedy and America's not nice to people and look at all the words that America started

Right and look we are not the American dream stop saying the American dream You know there was a time people hated when people said American exceptionalism I don't know if you remember this this would just eight years ago We got to stop using American exceptionalism. We got to stop talking about how America's the greatest country in the world What makes America great? You don't remember eight years ago and everybody We have pitch and distort America's not great. Okay, so but that was being said with no numbers to prove That was being said without any data So imagine when they have the data So think about today, you know how people wake up in the morning and they're kind of like

Man censorship. I'm really concerned about censorship, you know, Prairie University I'm really concerned about censorship. I'm really concerned about censorship. You know, Prairie University, I'm really concerned about censorship. I'm really concerned about censorship. I'm really concerned about, you want me to look at something? Or I'm really concerned about, you know, where we're at with, the amount of control Google, Facebook, YouTube, some of these guys, I'm really concerned, I'm really concerned, I'm really concerned, I'm really concerned, I'm really concerned today.

Ten years from now, China's number one. I don't know if it's going to be censorship, I think it's going to be university professors. That'll just be part of it. And it'll be a big part of it. No question about it. But I mean, people just lose common sense when they think about China.

Like, what happened in the NBA last year? You know, with the one tweet from Darryl Mori and then how the NBA just completely shows how it bows down to China. And everybody that hates Donald Trump, you know, get used to the fact that you're going to have a president that's just going to bow down to China for And everybody that hates Donald Trump, get used to the fact that you're going to have a president that's just going to bow down to China for the next four years. Trump's the only person capable of standing up to him. When China has the number one ranking,

they control everything. They control all trade negotiations. Who's going to be able to stand up to them? And that gap is only going to widen very, very quickly once they catch them, right? Because we're going to be chasing. And they're not, you know, it could be very damaging what happens in the next four years. And let's just say that, especially when you look at how things have changed in the past four years and just China's dominance. And they are coming at this, you know, wave of power and a strategic plan of what they're trying to accomplish and they're checking off the boxes as they go along here. Change how America thinks through social media, get control of traditional media in the United States.

You know, invest in these key industry so we can have even more sway. End of discussion. Bad things are coming. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah.

Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah.

Yeah. Yeah. the other side is like, even if there are capitalists and professors that are teaching that the universities are forcing them not to, because who is the biggest sponsors for some of the universities? China. Yes, right, though. There's smart. There's smart.

China's funding some of these universities hardcore. And you're seeing a ton of that. Okay, so let's talk about the top earners. Biggest CEO earners today in America, top three are Microsoft CEO, Satayanadella, $42.9 million salary. Number two is, wait a minute, so let me see, top three, okay, that's one Microsoft. Number two is Robert Swan of Intel, $66.1 million, six point nine million dollars at number two in a big shock number one the seal of google parent company alphabets Sundar pichai whose compensation is a fiscal twenty nineteen total of two hundred and eighty million six hundred thousand dollars that's a salary

face book seal mark zucker broke twenty three point nine twenty three point four million dollars made only ninety four times more than his employees but that's the lowest of all cios listed most on the list earn only 94 times more than his employees, but that's the lowest of all CEOs listed, most on the list earn several hundred times more than their workers. So when you hear these numbers, what do you think about? Well, I think you got to just draw a line in the sand and say, all right, man, if we are capitalists

and we believe in that type of business and economy, then we got to root for them. That means they did something right. That means they had a great year. You know, it's touchy. I think I look at it simply this. It's a scoreboard, it's a fun little thing to look at at the end of the year.

It's so far off in the stratosphere for most people, there's nothing you can do about it. It's just mind-boggling to think of some of these numbers. And how about the guy, you gotta give Sunday, however you pronounce his name, the head of alphabet, credit for staying under the radar screen. The guy's never in the news. You never hear about him.

Very, very, very in the background. And that's a hefty compensation. But you also have to read between the lines a little bit. And that's not their salary. I mean, they're cash and in stock and its bonuses and its incentives. So, you know, more power to them. Yeah, I think when you break it down, I think the media likes to talk about these big numbers. Oh my gosh, it makes so much more. But a lot of it is stock compensation. And

if the company didn't go up, why aren't any airline CEOs on there? I'd be willing to bet there's one or two airline CEOs that have a higher cash-based salary with medical benefits and a bunch of perks than some of these guys listed, but they didn't have the stock base compensation that went with it that drove it up. And so, I think it's a bit of a vanity stat, but it is to the victor in terms of building enterprise value. And that's what these guys are paid to do,

is drive enterprise. And Michael M. has been saying what I've been hinting at you the entire podcast Will the real Tom Ellsworth please stand up and he gave ten bucks? Okay, I agree with you Michael. I think Tom's playing save today Okay, and I'm going crazy here give your brain to us buddy I just I just given a everything is a 15 second one line or Thomas We're trying to learn from you.

I call Tom, by the way, if you, if you, cameras off, I'm having lunch with Tom yesterday. We get, I don't know where we were yesterday or two days, whatever it was. Anyways, we had lunch last week or yesterday, we had lunch. And I sit there and I walk away two hours later, smart every single time.

Every single time, Tom's a modern day with Kapitia. Tom's brainwini process of stuff, but on the podcast, Tom's a little bit, I don't know what happened. Did you eat your breakfast, your Wheaties today? Did you have it because Tom, give us the real run-down. So I'm gonna ask the question different way from you. Please, give us the Tom Mills word, give us a damn real quick.

Can we get a damn, Tom? Today, I think it's fair to say one of the biggest criticisms that CEOs get, like yesterday, guy sends me a message saying, it's unfair that Zuckerberg's is making this much more times and his employees are, and these CEOs are making 100 times more than their employees are, et cetera, et cetera, right?

So we're banishing these guys that are making money. So here's a question. If I'm a kid, we're in college. If we're in college and we're partying together, and we're going out there, we're having a drink, or whatever we're doing, okay, we're going, obviously something you never did, because I know you were very conservative,

but so yeah, exactly a different type of partying. Which I'm willing to bet Tom knows more about weed than anybody in this room combined. I am willing to bet Tom knows more about weed than anybody he can do. Clinic, you can do case study on it. But let me go back to my question here. When we're in college, when we're in high school,

when you hang out with your buddies, what do you dream about? What do you sit there and say, you say one day I want to be what? Hey, Johnny, what do you want to be when you grew up? What do you want to do? What do we talk about be rich? Yeah, you want to be what I want to be like Mike? I want to be like Mike was one of them right? I want to be like Mike. Okay. Who do you want to be who who did you want to be when you We're in high school. We're in 11th grade with the cow. What was your dream? What would you say?

What was your Sam? What was yours? And you know maybe Sam from Colombia said I want to be like Pablo and I grew up I don't know what's what's your dream Paul you said you want to be who is it Arnold yes you wanted to be Arnold the greatest bodybuilder of all time Sam what was yours you wanted to be what top see over company okay was that really yours is that really yours what's yours I wanted to be the next Denzel Washington you wanted to be next Denzel Washington what was yours I was gonna take that little bowl down. Seriously, what's up? I was on a call. Honestly.

Yes. Freaking awesome. What was yours? When I was in high school. It was in high school, where in high school, where lunch, we're having grilled cheese. You know, whatever pizza we're having, whatever good food they give to high school kids.

Who's Tom want to be? I had read about the birth of Microsoft, and I wanted somehow to be part of a tech company. Okay, freaking, do you realize, like we all dreamt about one day being somebody important, right? And now I am so confused when the media says, these guys are getting overpaid. There's an element of me as a kid

that wants to think about somebody getting overpaid. There's an element of a kid dreaming about saying, I wanna see one guy score more points and everybody else Like can you imagine this question? Would you like to see somebody beat the will chamberlain record of a hundred hundred points? Would you like to see someone would you want to see would you want to see would you want to see somebody beat the 74 Home-run record with Barry Bonds without steroids a 220 pound skinny guy doing 75 homeruns Would you like to see that? Yes, yes, would you like to see Joe Demaggio's 56 game hit streak being broken?

Would you like to see somebody win five world series in a row and maybe it's never done been done before? Would you like to see somebody get seven rings and someone went four feet, not three feet? We want to see these records being taken place. I don't understand the logic behind saying this is too much money they're making because it's not good for society

to have somebody make this much more money. Well, why don't you, since you feel you can do better, why don't you go create a website that has 3 billion users? If you do that, we'll pay you handsomely. Why don't you go become so good at what you do where you become the CEO of the number one search engine in the world. You go do it. If you can do that props to maybe you these are 400 million dollar compensation. Why are we so much about criticizing people who win at the highest level in America? I'm so confused. Why? Maybe one of the reasons is some of these people are unlikable and they're tech companies and they're hard to root for. So that could be one small reason.

But the media, just in general, that's their mentality. They always wanna root against the big guy. They want safe, they want, you know, these aren't big thinkers we're talking about in media that are writing these stories. So, you know, it's always us versus them mentality. Okay, the real me, you know, I will you something, and I wasn't being safe. I was being honest what I said.

If you take a look at what some of these CEOs make, just the cash compensation, there's a lot of alignment across industries. But the airlines didn't go up, and so the stock didn't go up, and so they didn't make all the extra money, so they're not on the hit list, the overpaid, overpaid leader punk that everybody wants to call them out to me. But I got to say this, I am glad that Mark Zuckerberg made what he made because it meant the value of the company was increased. Number one, and number two, he made a hell of a lot of jobs.

He may not like what all those jobs are doing in terms of censoring and things like that, but he made a bunch of jobs. I am glad that Google is made, that that guy, you know, Sundar made the money because it means that Google is still expanding and those jobs are being created. I see that side of it from entrepreneurial lens and I tell people, really, let me tell you, a world without billionaires means we all eat ramen noodles. Do you really want that? Do you want that? No, nobody wants that. So that's, that's how I feel about that. It's like, it's easy to be envious of the other guy

when some people are a little too critical or a little too lazy or a little too envious or a little too jealous, it's easy to be critical. But then you gotta step back and look at it and for every Google you talk about, oh, you remember the auto industry and it decimated Flint, Michigan because it got out competed against

and then it went down and now look at Flint. Yeah, but you know what, people had jobs in Flint and Flint was built and the world changed and you know, the rust belt and the US steel went and these are cycles and they hurt and they're bad and people talk about them like that. But you know, you're just criticizing the people at the beginning like the jobs are created.

You know who makes this mistake the most and they don't even know how costly the mistake is. You know who makes this mistake the most and it's so costly, parents. Parents, parents make the mistake. Imagine this kid's dream is to one day be a Sunday. A Sunday. Imagine this kid's dream is to one day be a Sunday. A Sunday. Imagine this kids dream is to one day be a CEO of,

you know, a face. Imagine the sketch and the mom says, these rich people, let me tell you these rich people. And the kid says, mom, I kind of wanted to do to impress you. Now mom made no incentive for this kid to do that. And long term, he could have been the winning ticket for the entire family, but the parent killed the kid's dream, let the kid dream on what he wants to do.

I think that's who ends up paying the biggest price. And they don't even know, you know, you know the whole normalness of nice guy, the book, and I'm getting it or no. I bought it and he told the whole thing. The Feltie was talking to me for a long time. No, I did, I did. What do you think about it? me for a while. Did you read it? No, I did. I did.

What do you think about it? It started off with a bang. Yeah. There's no question. I'd say the first 80 pages outstanding. Got a little clinical in the middle, maybe ran out of things that picked up at the end. So I thought it was a very good book. So what'd you think?

Was it a good book? No, I think it was. I mean, did it give you some perspective you didn't think about before? No, I literally, the guy with his background and with everything he's observed, the press. Did he kind of talk to you a little bit? Well, I mean, I think anybody can look at that book. It's a little bit about me.

I agree. So I interviewed the guy last week. OK, he reached out my booker, Alan, who's ridiculous. He listens to everything we do. And he just kind of reaches out to people. He says, yeah, I got the guy. Let's do the interview. So we do the interview.

OK, while we're doing the interview, I said, so you know, tell me about, you know, how big of a role. We talk about real interesting stuff. I said, how big of a role does the first time you ever have sex to have to do with us for the rest of our lives? He says everything. I said, so that means we're all screwed. He said, yes, your first sexual experience ruins your life. I said, okay, so we went through all these other things.

That's like if you were alone at the time. Well, that's, that's, he said, that's okay. We talked about that as well, by the way. I know what you're saying about that. We talked about that as well, by the way. I know what you're saying about that. We talked about that as well. But you know, one of the things that says, so what do you say about parenting? He says, here's the thing with parenting.

Just make sure you're gonna screw your kids up. Just make sure it's not too much, okay? What interesting feedback. You're going to screw your kids up. Just don't think, just don't do it too much. Because if you do too much, these kids are gonna be grown up, worried about walking on eggshells, this eggshells, that eggshells, this.

You know, I think when you see something like this, you know, I wonder what kids are talking about with their parents at their house. You know, if you're sitting at the dinner table and mom says, rich people are bad, that says, rich people are greedy, these people, these people, that kid is kind of like, you know, so maybe the best guy that could have ran

a great company, been a great CEO, done a thing better than Elon Musk or any of these guys did. Maybe that nurturing, maybe that challenge and that push, maybe that wasn't there. I don't know. Plus, if you have the drive to do that, you're probably gonna overcome some of those negative impulses you're getting from their parents or whatnot.

But, you know, you mentioned, you know, you're an interview with the guy that wrote Mr. Nice guy and talking about your first sexual experience. I was listening to a different podcast, Victory the podcast, which is about on-trash, all the guys from on-trash. So if you like on-trash, it's a great podcast with Doug Ellen. And they had James Con on the show

because Scott Con used to be on on-trash, right? The actor. So James Con was on there talking about and the man have times changed. But when Scott Conn turned 16, James Conn got him a sweet four seasons and brought in a couple of Heidi Flices girls. Hey, you're 16 now. So can you imagine his first sexual experience is with a couple of Heidi Flices girl? You know what Charlie Sheen's was? Charlie Sheen

uses that's credit card to get a couple of prostitutes. That's what Charlie Sheen did. And that's like, what's this mindset? I got a couple of probably got caught. Can you imagine like everybody has a different story with the first experience, but he said it has such a big impact of who you become. So again, half the battle is, by the way, I can't wait for people to see that interview

because it was very, very different. The things we talk about is very different on what shapes boys to become men and some men still have their own boy tendencies. But by the way Pat, if you ever wanna hear a good James Con story, I have one. I don't wanna slow down these podcasts. Go ahead, no tell me.

Okay, James Con, Godfather, I'm just the legendary actor. So this was probably 12 years ago and I was having dinner in LA with Byron Allen, big time TV guy. We were talking about this magazine I had at the, and I was having dinner in LA with Byron Allen, big time TV guy. We were talking about this magazine I had at the time, and the restaurant was Morton. So the restaurant was pretty much empty. It was a Wednesday.

No, it is in there. I'm really good friend, John Kelly, who was the host of Extra at the time, was going to come and meet us because he knew James Con from interviewing him so many times. No, he was going to come because Byron was there. We look behind us. There's one other table. It was James Con and George Hamilton. uh... no he was gonna come because byron was there we we look behind us there's one other table it was uh... james con and

george hamilton so they were in the table right behind us and i love james con it was right when that tv show vegas was out you know i'm busy and what not but i just love james con so i had my magazine issue spread out over the table and and i go john we have me can you introduce james con to me he goes yeah i'll bring. So he brings him over. James Khan comes over just like you'd think, hands in his pocket. It's just Mr. Cool.

Good looking magazine there, kid. Nice looking magazine. Good paper. Great job, good job. I took it too far. I go, hey, James, such a pleasure to meet you, man. I love you. God, you're such a legend.

Hey, and divine and Vegas, you know, he literally stopped. Looked at me, he goes direct quote, he goes, I've been in 65 pictures, including the Godfather, and you want to fucking bust my balls on Ed Devine and Las Vegas. That's literally what he said to me. I thought he was going to take me out. But I don't know if he was joking or if he was really ticked off or he could switch like that. Well, the deep afterwards. Yeah, he kind of kind of walked out I mean it's not like we made up or anything yeah like I have a great photo or anything like that

no autograph no photo so I think I did offend them accidentally I love James Conn wow yeah I mean there's there's a lot of stores with James Conn he's got a lot of interest in Johnny's store Johnny Russo told me a story about James Conn one time that when you when they were making a godfather James Conn wasn't happy the fact that Johnny Russo knew everybody at Staten Island,

because that's where Johnny Russo's from, and they had a beef. So the scene about when James Con has beaten him up, he says he wasn't just, that was an act of it. He was actually really trying to hurt me because we didn't like each other. He didn't like me for one reason. Anyways, so let's go with that to Mario's quote,

I wanna quote him directly. The number one movie box office during the pandemic. We have to give credit to Mario because that's Mario. Is that Mario's quote? Yes or no? I think it's Mario's quote. Mario's definitely listening to this here. Wonder Woman 1984 opening boost movie theater stocks,

but AMC loses more ground. The better than expected Christmas we can open it for Wonder Woman 1984, it's giving most exhibition stocks a welcome boost as the misery of 2020 gives hope for brighter 2021. Shares in the cinema, IMAX, Marcus Corp, the national cinema rose between three to seven percent of peace after the sequel took $16.7 million domestically, the best bow by any film during the coronavirus pandemic.

AMC, the world's largest theater circuit was a notable execution exception to the rally. It stock dropped 5% on the ongoing investor concern that is liquidity and the potential bankruptcy filing at $2.38 cents. $2.38 AMC shares are at the lowest since early November, though they are still a notch above 2020, bottom of 195 established in mid-March of COVID-19, shuttered theaters across the Western hemisphere, et cetera, et cetera. The first movie open at $103 million.

This is the first Wonder Woman that $103 million grossed eventually, A21 worldwide, making it the 10th highest grossing film of 2017. However, Giao Gado was only paid $300,000 in the first one. Pretty crazy to think she only got paid $200,000. No, no. One Roman 1984, $16.7 million,

and Giao Gado got paid $10 million in the second, which is good for her. So, one Roman, have I the one you guys see? I have not seen it. I have not seen it. Have you guys seen it here? Have you guys seen it? Have you seen it? You see it? You liked it? Yeah, it was alright. I mean, I have like one to guess. I have not seen it before. I have not seen it before. Has anybody seen it here? Have you guys seen it? Have you seen it?

Kyle, you seen it? Yeah. You liked it? Yeah, it was all right. I mean, I have like, right? Zero to 10. Zero to 10, maybe like a seven. Did you scream it?

I don't know. Did you go to the theater? No, I went, I went to college, but I'm nice. Okay, so you give it a six and a half seven. What'd you give to the first one? First one was pretty solid. I'd give the first one more like eight. Okay, so I watched the first one? The first one was pretty solid. I'd give the first one more of like eight.

Okay, so I watched the first one two weeks go of my kids because each week our kids get a turn for movies. So Dylan got the turn, Dylan wanted to watch Wonder Woman. Anyways, we watched Wonder Woman and he enjoyed it and kids enjoyed it. And then we went to watch Wonder Woman 1984 in Florida, they'll just last week. And I gotta tell you, I love the movie.

I loved the movie. I don't like the movie. I loved the movie. I don't like the movie. I loved the movie. And to be fair, not everybody who went with me felt the way I did, okay? My sister didn't feel the same way. My brother-in-law didn't feel the same way. Some of the people were like,

it's an okay movie, didn't say it's a great movie. I thought it was a ridiculous movie, phenomenal movie. A part of the movie I liked is there's this scene with Barbara, I think it's the girl's name, right? Barbara's the new girl that's working and working with the FBI to find out. Is that Kristen Wigg? I think that's who it is.

Is she the one that played in Bridemaid's right? Yes, yes, her. So her name is Barbara and she plays the role of this girl that comes in, very no guy talks to her, she's not attractive, et cetera, et cetera. And then she meets a super, what do you call it, a Wonder Woman, right? And so she sees how she acts, she's like, oh my gosh, she's so amazing. And there's this rock, there's this stone that they get that whatever you touch, you can

make your wish and it becomes a reality. So Wonder Woman makes her wish, okay. Then Gaggedo makes her wish. I'm not going to tell you the whole story, but I'll tell you the makes her wish, okay? Then, Gagadol makes her wish. I'm not going to tell you the whole story, but I'll tell you, the Barbara's wish was to one day be like the wonder woman. So what happens? She starts becoming like a wonder woman. And what ends up happening to her?

She flips, she becomes dark, evil, because too much power being given too fast what it could do to you. And then the whole message becomes at the end of the day that, be careful what you wish for, you know, you've got to be careful what you wish for. And I think the storyline at the end on how it brought everything together and evil became good and evil finally realized that he loves his son and all he wanted to do was impress his son and his son just wanted love from his dad. And there was so many great messages to this movie.

Interesting. That I thought it was a phenomenal storyline to watch with your kids, with your family, because it touched on all the emotions. So I thought it was a great movie. And I'm surprised it only did $16 million, but not surprised, because most people just went to HBO Max to watch a movie. Let me throw something out at you.

And I'm going to take a little bit bigger picture look at this thing. And I'm going to tell you something. I believe Hollywood has a very big problem on their hands. And it's not the pandemic's shutting down theaters. It's people like me. Okay. I will not watch Wonder Woman.

And I'll tell you why. I don't like Gil Gado. I don't like her. I don't like that imagined video she put out at the beginning of the pandemic. I find her to be completely out of touch, completely unable to read a room, having no perspective whatsoever. That was the stupidest video I have ever seen in my life.

Good. Ever. When I think about it now, I think how stupid, how did you not have any mechanism in your brain that might think this is not a good idea? I will not see that movie because of her. And I'll tell you another thing. At the Grove, remember the Grove in LA,

a great, great mall, you know, they have movie posters all over the place. See, yes. When I was there, yeah, exactly, we're right across from CBS. There's posters for Wonder Woman because it's the only movie out. She doesn't feel like a star to me.

Guild Good O does not seem like a movie star to me. I can't buy it. So I will not see that movie. Now, you start compounding that by 10 and 20 and 100 because of the political stances these people in Hollywood are making. There's going to people that are going to say, I'm not going to see a movie because of the rock,

because of Jennifer Aniston, because of Robert Downey Jr., because of Will Ferrell, who brought the whole elf cast to Georgia to raise money for the Democratic candidates down there. That disappointed me. Do you think they really care about what you think? No, I do.

Oh, wait, the rep... No, I don't think they care about what you think. But I think there's going to be a bad... There is going to be... I don't think so. You're gonna see it in the box. Let me... Let me tell you why.

I don't know if that's gonna happen or not. Who do you think's a bigger victory for them? You and your community or China? China. Okay, that's what I'm trying to tell you. They really don't care if they lose you if they win China. They're not trying to win you over. They're not trying to win conservatives over. They're trying to do whatever they can to win China over. Anything and everything. I mean, if you see the movie Mulan, the logo of Huawei is in the movie Mulan, all over the place is the Huawei logo. Have you guys noticed? There are no,

it's everywhere, right? They're not, yeah, they're not trying to win you. They're trying to win China. And if that's the target, they're making a lot of progress. But they're also under marching orders for how to make these movies, because China finances these films.

Oh, I know. So that, yeah, I don't know. I'm not gonna watch that movie. I don't think, let me ask you a question. Do you think you love the movie as much as you did or you love the theater experience, the going to the movie, the fact that you could actually

be there and do it and enjoy yourself? I'm a movie guy and I like movies that produce emotions and have the right storylines that makes you think. I'm the guy, Tom and I one time watched a Churchill movie at the Look Theater. We came out, I was in tears, I was fired up and I one time watched a Churchill movie at the Luck Theater. We came out, I was in tears, I was fired up, I was emotional, I was, do you remember that? Dunker.

Yeah, oh my gosh, man, I was on fire, Dad. Now, I couldn't even sleep all night long just thinking about it, right? To see that somebody was willing to stand up to evil and look what ended up happening to it because of him, we speak English, we don't speak German. The world could have been a lot of a very different place. If he wouldn't have the courage to do what he did and his troops didn't follow the orders

that was given from the top, you know, to me a good movie that produces good emotions, I appreciate it. I actually don't go too much deep into the politics, but I don't disagree with you when you look at what happened with me and the Lakers and LeBron and you know, how things happened this year. But I don't really think they care Tom I think they're okay losing you yeah, they're trying to win China, but there's a lot of me's and that adds up to a lot of you A domestic box office. There's not 1.6 billion of you true. Yeah, that's the difference thoughts

You're not a rant man You don't like that. Yeah, I'm have to write this down I will not watch her with a mouse. I will not watch her in a house. I will not watch her when I stand to get certain things. I will not watch. You guys can convince me that she's a movie star. Is she?

Am I missing the boat here? I don't really, I honestly, the thought didn't even cross my mind. I just went in to watch a good movie and the story was good and I enjoyed it. Tom, 50% of movies I watch I fall asleep. Not one time that I fall asleep. I wish you'd have the comfortable chairs.

Not one time that I fall asleep. They had my attention for the entire two and a half hours. That's a good rating system. Yeah. How many Zs? You know, I fall asleep ASAP. I mean, I have 15 minutes. You don't get me, I'm gone. Kyle, do you want to say something?

Yeah. Yeah, I find it interesting to talk and just for you, Tom, that you can't separate the artist from the art. I saw some of the comments in the stream from that because let me, there's some of my favorite actors I don't necessarily agree with politically. I mean, I love Tom Cruise as an action actor. I grew up on Mission Impossible. I love his sci-fi films, Oblivion Edge of Tomorrow World, World of War, all that stuff.

But I don't agree with him as a Scientologist. But when I watch the films, you know, that's the whole point of acting. You are trying to see Tom Cruise right I'm saying whoever he's playing. Yeah but you know that's easier said than done because everybody's got human nature in them and that is going to affect them. I agree with that. You know it's crazy yesterday Tom was telling me a story he said there is a guy there's

only one person in Hollywood that has a four older woman he wins younger women older men younger men there's only one actor that has that no it's only one actor that has what did he call for blocks yep for square actor and it's high positives and all four that will draw viewership i'm just throwing names out there a current actor yeah you can have lots of biggest one give the biggest one who's the biggest name that made the most money last three years uh..., he was a former wrestler. Non-controversial. Oh, the rock, of course.

He's number one. And then, you know, a question I asked him, I said, that's interesting. You say that. So, do you think it was a good move for him to endorse Joe Biden? He says, no, because he won against his philosophy. Yes. So, there is an element of hurting their brand if they do that. Yeah.

And so, there is. And let's take it one step further. Was that raw? I mean, his endorsement was, I really don't like to do this. I really don't want to do this, but I have to do this. I'm going to go with Joe Biden. It wasn't really a heartfelt passion and thing. So there could, I mean, you can go into this.

How these movies are financed. Who's controlling him? Is it, you know, in somebody's best interest for him to come out and say that? Yeah, I think Kyle, some people are worried for your safety after the comments you made about Tom Cruise So today when you go on oh please go on your car with somebody else because you got to be careful when you say any comments about Tom Because Tom maybe out there right now shouting your names and Kyle I can't believe you're doing this

He may lose his mind. Yeah, you're gone. You're God promise this will be the last day. You have a job Okay, but anyways guys that brings us to the end of the podcast job. Okay, but anyways guys, that brings us to the end of the podcast. If you enjoyed today's podcast smash that subscribe button. We will not be doing another podcast until 2021. So between now and next year, happy, new year to all of you. Be safe. Don't be too crazy. We're expecting 2021 to become the beginning of the greatest years of our lives. And I hope you make some big decisions the next few days to make it yours as well. Take care everyone, bye bye bye bye bye.