PBD Podcast - The FED Needed an Excuse to Print Money | PBD Podcast |EP 43

Episode Date: March 5, 2021

In this episode, Patrick Bet-David sits down with guests Danielle DiMartino-Booth and Adam Sosnick to discuss Elon Musk's effect on the Market, Google Ads, Louis Vuitton, and Andrew Cuomo. Download t...he 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/ Twitter: http://www.twitter.com/patrickbetdavid Facebook: https://www.facebook.com/PatrickBetDavid.Valuetainment To reach or find out more about PBD go to http://www.patrickbetdavid.com 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's 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: Danielle DiMartino-Booth: https://bit.ly/36nGzLn Adam Sosnick: https://bit.ly/2PqllTj To reach the Valuetainment team you can email: info@valuetainment.com  Want Patrick on your podcast? - http://bit.ly/329MMGB --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

Transcript
Discussion (0)
Starting point is 00:00:00 They're gonna do it. Turn off your ass. Okay, officially we are live. Turn down your audio. We are live. Oh, that was a 43. By the way, you missed it. If you were listening to us 30 seconds ago,
Starting point is 00:00:11 the team thinks we should get a egg white sponsorship for the podcast because I have my egg white. And one and one and one. Danielle would love that. And one of these days on the podcast, we should do the podcast with a glass of wine. And see how that goes. Maybe it'll be more entertaining second half of it.. But you don't know as I get drunk every time
Starting point is 00:00:26 before I go. We have the great Danielle de Martino booth here with us in Bocca. And we have Adam Saasnik today. Adam, look at the camera and show off your glasses. Please let them see that. That good look. Superman. I got a smartie is I have to like step up my IQ to even sit next to Danielle. So I had to wear my glasses. I forgot my pocket protector, but I did bring the vizine here at the mouth of the rats. Yes, that's Bokarito. Yes.
Starting point is 00:00:55 Originally it was Rathones. It originally it was plural Danielle. Something tells me you want to bust out your Venice, within Spanish accent while you're here in South Florida. Jamide. Daniel's filling the vibe. She's giving the best host of the people. By the way, I wish there was an element of a camera on to see our conversation yesterday for the podcast prep because that was real podcast.
Starting point is 00:01:19 That's what I'm hoping Danielle brings today. She might have dropped F5. I was on edit it. I was totally on edit. It was great. Adam, it's off camera. hoping Danielle brings today. She might have dropped F5. I was on edit it. I was totally on edit. It was like Adam. It's off camera. I said might have. I mean, allegedly.
Starting point is 00:01:30 Yeah, but it could be speculated. It's a lot of fun. It could speculate. In plain sight, she was raised on a trading floor, and she speaks like it. She's like a sailor. Whoa, where that come from. So we got a lot of good topics today.
Starting point is 00:01:40 We're going to find out what Danielle's thoughts are on the $1.9 trillion stimulus package. And we'll talk about with all the pump them on into the economy. What's going to happen? Obviously this last week we found about the wealth tax. Elizabeth Warren is going around saying if you have more than $50 million every penny above a million, $50 million, you're going to pay two cents and then above a billion, it's five cents.
Starting point is 00:02:02 And specs are now a $700 billion market lift jumps as company marks best week for rights and to start at a pandemic. Tesla too longs full self-driving car with subscription within four months. That's pretty crazy to say within four months and... They better hurry because everybody else is doing their business. Is everybody else is doing their business? Everybody's doing electric vehicles, right? But self-driving electric vehicles, I mean, you're sitting like,
Starting point is 00:02:25 I would need a... That's next level. That is not a bad idea for a guy like me. I sit the best idea for a guy like you. Yeah, so by the way, we should probably switch. You should drive cars. I should probably not drive cars and take ubers. Because you actually drive slow.
Starting point is 00:02:38 You're very responsible. I'm very slow and safe. You don't have to, you can text and drive and do your zooms. I've never seen somebody text, zoom conference calls allegedly. That's what Pat speculations. Don't start on the sidewalks. Yes. Google to stop selling targeted ads based on browsing history. So those cookies, those cookies may be going away. LVMH market cap, 320 billion becoming a high-svalid company in
Starting point is 00:03:06 a European stock market. That's right. Simulah's dollars are going taxpayers. You think so to Louis, so they're killing it? Thank you. Governor Abbott did something that Daniel DeMartino may not agree with, which we're going to have a nice ban through here, about that opening up fully 100% and says no more mandating masks to the point where 50% is thinking about leaving California to a different place because he's sent lives in California. New York, it's in New York to because he's not happy about wearing a mask. Somebody say premature amazcalation.
Starting point is 00:03:35 Oh, there you go. Okay, so we'll touch up on target. Toyota GM AC and Macies and Texas are going to keep wearing masks. Texas isn't the only state lifting COVID-19 restriction. There's other 11 states, which we'll cover that as well. Mississippi. Yes, Mississippi was on our list as well. Brazil's oil industry shakeup could be devastating for its economy.
Starting point is 00:03:52 I know you got some things to say about that. California's poised for $19 billion, despite COVID-19 lockdown. Second former aide accuses Governor Cuomo of sexual harassment. By the way, I don't know if you saw him yesterday on TV. How he responded today was pretty interesting. Chris Cuomo of sexual harassment. By the way, I don't know if you saw him yesterday on TV, how he responded to that. I was pretty interesting. Chris Cuomo criticized for hypocrisy. After he says he won't cover brother's controversy,
Starting point is 00:04:10 I have some thoughts on that. And Elizabeth Warren rips stock buybacks as nothing, but paper manipulation. And in couple pop culture, Dr. Seuss, six books have been canceled. You got to get them off. They're not selling them yesterday. The top eight selling books on Amazon were all Dr. Seuss, six books have been canceled. You got to get them off. They're not selling them yesterday. The top eight selling books on Amazon were all Dr. Seuss.
Starting point is 00:04:29 848. How many of them? A couple hundred? No, I bought 848 to support Dr. Seuss. Wow. So then we have Barack Obama's Bruce Springston team up for new podcasts, which I believe will blow up. So having said that, let's get into the stimulus.
Starting point is 00:04:44 Let's get into the stimulus. And the reason why I want's get into the stimulus. Let's get into the stimulus. And the reason why I wanna get into the stimulus because of a conversation I had with a realtor yesterday. Okay. So first let me read off what we have. Obviously, American Rescue Plan, Biden's $1.9 trillion stimulus package. The $1.9 trillion stimulus package
Starting point is 00:04:57 includes direct stimulus payments of $1,400 per person, extending unemployment, compensation raising the minimum wage, continuing eviction of fore for closure, moratoriums and increasing the child tax credit while making it refundable. It provides funds for the state and local governments to help compensate for lost tax revenue money for schools from kindergarten to eight grade to safely reopen reopen, and it's the pandemic, et cetera, et cetera, et cetera. So 1.9 trillion dollars, that's 4 trillion on the last two years right in the last 12 months.
Starting point is 00:05:25 6.1 when you added all up. When you added all up. Yeah, some are saying some are. We're we're getting the six trillion because I know the the cares act was two trillion. This is potentially another two trillion. 906 billion. That was what? January. That was before Trump left left office. So that's almost five trillion. Well, and then there was other, you know, spendatures still taking place. So say five to six trillion dollars, okay? Yeah, no, I'm not questioning it.
Starting point is 00:05:52 I'm just like trying to see where all these numbers are. But this is, and all of it pissed into the win, by the way. None of it productive. Daniel, I saw an article saying the fact that 20 to 40% of the currency ever printed in the history of America was printed in the history of America was printed in the last 12 months. Just like that.
Starting point is 00:06:07 Just like that. And we just assume the dollar is going to maintain, it's hegemony that it's going to maintain its reserve currency status. We take it for granted, because we've had it for 100 years. So what's going to happen? Because I hear two different schools of thought. And let me kind of give you both of them.
Starting point is 00:06:21 Let me give you both of them. One is, you know, you got these, you know, P ratios that are just ridiculous, 1250 Tesla, okay. You got these Schiller P ratios today that are indicating that, you know, market's going to be facing. 99th percentile. That's pretty scary to be there. You got interest rates, went up a little bit, which is good to see that taking place a little bit, went up and you and I were kind of going and seeing if you want, if you don't want it.
Starting point is 00:06:46 But a guy who's sitting in the real estate guy, I'm talking to this guy, he is the Sellers real estate agent. Obviously he's not representing me. And it is a Sellers market. It is a Sellers market today in Florida, and it's ridiculous. So he says, let me tell you why I need to buy this house and why this value, this land is gonna double
Starting point is 00:07:04 in the next three to five years. I said, tell me why. He says, because that tell you why I need to buy this house and why this value, this land is gonna double on the next three to five years. I said, tell me why. He says, because that $1.9 trillion they put into the economy, that's $4 trillion last 12 months. He says, inflation's going to the roof, and the value of things that cannot be duplicated is gonna go to the roof such as land, okay?
Starting point is 00:07:19 So he's not selling structure. Hard assets, he's saying land. So, you know, we talk about land, gold, baseball cards, all this other stuff that's going to the roof. Is this going to make the economy and Dow go to 40, 50, 60,000 or is this eventually going to get America? Because it seems like we're on a run rate.
Starting point is 00:07:37 I know there's something about 128 months that we had economic expansion, COVID disrupted. We're back at it again. So if you take COVID out, it could have been 140 month economic expansion that we have. What is going to happen with all this money we're printing? A, we were going into recession anyways in 2020. The Federal Reserve needed an excuse to print money. You've never had a year where you have global trade,
Starting point is 00:07:58 world trade, contract for a 12 month solid without the global economy going into recession. That was 2019. We were ahead at there anyways. The Fed needed an excuse to bail out the bond market and it got it with COVID. It needed a black swan event and it got it. So that's the one thing that people need to understand. This was not the slowdown that we had was not catalyzed by COVID.
Starting point is 00:08:22 It wasn't. COVID was needed for the Fed to come in with their printing press. And the Fed got it. They needed the excuse. There was all this repo madness. Go back and look at the end of 2019 when the Fed was doing not QE because there were issues with overnight lending in America.
Starting point is 00:08:39 I mean, this is all in the weeds and wonky, but it was happening that there was real disruption in the overnight markets and the Fed needed an excuse to start pumping huge amounts of money into the economy and it got it. It got it with COVID. And that's why we are where we are today because of the printing press. But you cannot have sustained inflation
Starting point is 00:09:03 with 19 million Americans collecting unemployment benefits. You can't. You can have a massive inflation scare and that's going to benefit your real estate, not your real estate agent, but the seller is real estate agent. That's going to benefit them because it's a great narrative. It's fantastic, but it won't be sustained. Not until you get these people to work. Okay.
Starting point is 00:09:22 So what does that mean though? Won't be sustained. Okay. Let's get them back to work. People eventually go back to what does that mean though? Won't be sustained. Okay. Let's get them back to work. People eventually go back to work. You remember when Barack Obama said, on employment benefits six months, no, 12 months, no, 24 months. Well, this new stimulus package
Starting point is 00:09:32 pushes it out to September. Sure. But eventually, people are going to go back to work. They're going to have to go back to work. And a three and a half million people you're saying fully lost, like permanent. Permanent job losses. Right. Three and a half recessionary levels. Okay, but what I'm saying to you is, like,
Starting point is 00:09:48 look, if you and I go out there and keep raising debt, okay, we keep getting credit cards and we get more credit cards and more credit, that's what America is doing. We've been doing it for years. Yeah, but at this level, what a massive ridiculous crash hasn't yet hit? What is the key indicator for that to be taken place?
Starting point is 00:10:07 There's no replacement for the dollar. The Euro's a joke. Italy's a mess. They never, after we had the global financial crisis in 2008, 2009, our banks were forced to clean up their balance sheets, get rid of the bad debts. That didn't happen in Europe. Japan's, sorry, goodbye.
Starting point is 00:10:27 So there's no replacement for the dollar until China gets to be bigger. And because of COVID and how we've approached stimulus spending versus how China has approached stimulus spending, it was gonna be 2030 that China was the largest economy in the world. Now it's 2028. If their currency continues to appreciate versus the dollar,
Starting point is 00:10:47 it'll be 2026, five years from now, that China is the bigger economy. And then we'll have a separate discussion about what's gonna replace the dollar. And then you're real estate agent, seller guy, he's gonna be right, then. Okay, my timeline is 2025. What's your timeline?
Starting point is 00:11:03 For China? No, no, my timeline for the market to have a massive collapse, like we're going to feel the pain. I have 2025. What are you thinking? Once the recognition is out there that we're not going to be the global economic superpower, it's game over. That's going to take a few years to have it. Unpacked game over. Yeah, what does it mean game over? Well, we benefit because we can borrow at such low cost, because we're the global reserve currency.
Starting point is 00:11:32 So you have all of the liberals in Congress saying, there's, it is a free lunch. We can borrow as much as we want. 1.9 trillion today. We can have $5 trillion, $7 trillion deficit every year. There's never going to be consequences for the amount of debt we're taking on. And that works until it stops working. But you have people like Janet Yellen and Jerome Powell,
Starting point is 00:11:56 who I wouldn't. So I know you have strong things on that. That's Ted J and J. So, but they're championing. Of course they are. All this stimulus. We've had 40 years of falling interest rates. It's all they seem to think can possibly happen. But they're not studying history.
Starting point is 00:12:12 They're not studying the fact that Great Britain lost the pound as British pound sterling lost its reserve currency status because Great Britain took on too much debt. So if you start to think that the rules don't apply after a hundred years or so, and that's, it's been a hundred years. Let me follow up with that. Speaking of studying history, so we're familiar what happened a hundred years ago.
Starting point is 00:12:36 World War I, Spanish flu, roaring 20s, rockin' in rollin' for a vision, people are sneaking drinks, you know, boom, 1929, I think it was October was the start of the Great Depression, right? Which lasted all the way to the 1930s. So speaking of history and history repeating itself, you're predicting 1928 potentially, 1925 potentially. Are we essentially, I'm sorry, 2025, 20, 20, 20, 20, 20, 20, 20, 20, 28. Are we essentially saying that that's potentially what we're in line for is another great depression,
Starting point is 00:13:10 worse than certainly COVID or the rest of the conversation? I'm not so sure that we have a whole decade in front of us of a, this is not a repeat of the roaring 20s. If you look back at the price earnings ratio in December of 1920. It was 4.8. This is, I'm gonna make this really simple. It was 4.8 in December of 1920. A hundred years later, in December of 2020, it was seven times that level.
Starting point is 00:13:36 Say that one more time, say that one more time. Stocks were seven times more expensive coming into 2021 than they were going into 1921, seven times more expensive. So you can't convince me that we're at the precipice of a roaring decade for the, for the US economy. What do you mean stocks are seven times more expensive? The price to earnings ratio, the Cape Schiller that looks back over. Right. Was 4.8 times earnings in December, 1920. It was seven times that level in December of 2020. Yeah, yeah, that makes that's a concern. So here's so for me, I trust math more than
Starting point is 00:14:15 I trust enthusiasts. Well, then you trust what I just said seven times more expensive. That's exactly where I'm at. I'm at the math site. I lean I trust math, right? When it comes on to things like this, math is going tell you what the future is gonna look like. You just have to look at the right math, right? But the part I think about is the following. So you know, World War I, when Germany had the debt that they had to pay off with the reparations, they, what they, they're like,
Starting point is 00:14:37 we don't have this kind of money to pay off. So they wouldn't quietly behind closures and what did they do? They started printing money, printing money, printing money to pay off the debt. They paid it off, but hyperinflation took Germany to crazy levels, and then boom, they took them a while to recover from it.
Starting point is 00:14:52 Why are so many brilliant minds in finance so optimistic about the direction the economy's going? Why are they so optimistic? You gotta talk your book. You send a trying to sell a book? Is that, is that your book of business? You have to, I mean, it's their jobs to pump up the market. It's their jobs to keep people invested in the stock market.
Starting point is 00:15:13 It's their jobs to say, for the long haul, you're always gonna get paid off. What's your level of trust for Jerome Powell and or Janet Yellen? Your level of trust, 10 out of 10 is, they're the best. I love them one is I wouldn't trust them. All right, so I'm gonna send you a copy of a book called Fed Up. Okay, what you wrote, I know I'm familiar with this.
Starting point is 00:15:31 It's got Janet's words in it. Okay, okay. What do you say in them? But for the people that have a red box. She's a UC Berkeley educated labor economist who's in charge of the biggest economy in the world who doesn't understand the financial system like she should. And she is in a place where she can finally lay the groundwork to policy in the United States
Starting point is 00:15:57 not benefiting the top 1%, but benefiting everybody, which will ignite inflation like you've never seen. It's a bad thing. It's the idea of helicopter money. It's the idea of getting money directly to the people. As opposed to saying, there'll be a trickle down effect. If we make lending easier, if we make borrowing costs lower, then companies are going to borrow and spend and hire. That has not worked.
Starting point is 00:16:21 Instead they bought back their shares. 42 billion. You've seen the financialization of America, which is nonproductive. It does not create jobs. So Janet Yellen is bitter that she was at the head of the Fed when this wealth effect, when wealth inequality was widening. If she has the power now to reopen the Federal Reserve Act of 1913 to allow for direct deposits to the people. There's no wall street in between.
Starting point is 00:16:49 There's no intermediary. You're gonna get money directly to the people. And you want inflation, you'll get inflation then. So, by the way, it was 25 billion that Berkshire Hathaway bought back of their shares, but you do. Because there's nothing to buy. It's your map, it's too expensive.
Starting point is 00:17:03 Yeah, well, it's also banking on yourself. Like, you know, we're gonna be your map. It's too expensive. Yeah. Well, it's also banking on yourself. Like, you know, you know, we're going to be... You know where the value is. Yeah, you know where the value is. Yeah, I don't know. To me, I... And that was most...
Starting point is 00:17:13 Disappointing letter, Warren Buffett. I mean, he's 90. I get it. But he didn't take a stand on anything controversial. It was a want one. It seriously. America is the best bet on America. I don't know. America, you know, fixing come is America. You're coming out of the most controversial presidential election.
Starting point is 00:17:28 Your murder rate is going through the roof. The country is clearly in a crisis mode, and you say nothing about what the ills of the country when you have- What would you expect them to say? What would you want to hear from them? A generation ago, he said that share buybacks were weapons of mass destruction, excuse me, derivatives were weapons of mass destruction. And he derided share buybacks in his prior life because he was like, if you've got a
Starting point is 00:17:54 bunch of people's money and you can't put it to work and make investments and grow their money, then what are you doing in business? That was his attitude about share buybacks years ago. And he took a stand in saying that derivatives were weapons of mass destruction. He didn't say anything that was like, wow, controversial. Nothing. He was like, Apple's great. No shit. Sorry. I mean, we all have it, right? Apple. But he didn't, it was very disappointing. What about Elizabeth Warren and her?
Starting point is 00:18:23 Well, no, no, let's stay on this. Let's just say, I don't want to get away from this, because this to me, you know, when we're talking economy and maths, so you're saying you're gonna get what you're gonna get, which is inflation. Like you just said that before we went... But you have to have a crisis. You can't just really nearly reopen the Federal Reserve Act.
Starting point is 00:18:41 You have to have something happen to where, Nomura, big bank out of Japan said that every 20 cents of the dollar that's printed of stimulus goes into the economy. In other words 80% doesn't. They were saying that the multiplier effect of stimulus spending is crashing. We know that 53% of the last stimulus bill was saved. So what good does it do to spend all of this money if it's not being injected into the economy, if it's not creating jobs? And that, I think, is where the Democrats are really, really missing the message because they say they want to do infrastructure spending. They say
Starting point is 00:19:24 that there's another bill coming, but they're ramming this all through with reconciliation. There's not a single person in the GOP much to say nothing of moderate Democrats who are on board with what they're doing. So they're going to burn every damn bridge before they get to true stimulus spending that creates jobs. I mean, you could fall into a damn p hole in New York City if you're in a small car and be lost forever. There's bridges that are collapsing. And you've got high-speed railways in China that go zillions of miles an hour
Starting point is 00:19:52 and they're in the middle of constructing 30 airports and getting ready to eat the United States's lunch. And we can't even pass fiscal spending that creates jobs and repairs our infrastructure. I mean, FDR wrote the book. I know Hugh Jeff D.R. fan, but it was a public-private partnership and it created generations plural of productivity and job creation. And we're giving people money to not work.
Starting point is 00:20:14 At a 7% unemployment, though, at a 7% unemployment, we're not talking about at 11%, 10%, at 7% unemployment. We have 7% many, many different times. We have. And it's not a bad level. It's 6.3. And that's all good and well, but that's 7% on a public. We have 7% many, many different times. We have and it's not a bad level. It's 6.3 and that's all good and well, but that's because so many people have left the workforce. So that's your math. Right. If you've got people who've given up, that's why you have a 6.3% unemployment rate, but
Starting point is 00:20:37 still 19 million Americans collecting unemployment benefits. And that's why you've got this stimulus spending is just to kind of we're going to have the best economic growth in America in 2021 since 1983. It'll be five, six percent GDP. We're going to have a blockbuster here. That's what they've been projecting, six percent GDP. You can't jam two trillion dollars into the economy and not expect GDP to grow. It's going to grow. Okay, so that's not going to create jobs. So you're going to connect at the other end of it going, Oh, God, we need more stimulus spending and more yet and more yet. And so you're going to get the Stephanie kelp's of the role. So you don't think so you don't think this one point nine is the last one point nine we're doing
Starting point is 00:21:14 the next two, three years. No. So you think there's more one point nine's coming up. At least a trillion dollar infrastructure bill, right? A trillion. No, no, no. A trillion doesn't even address. I mean, look, there's two, three trillion dollars just to do the repairs. And then the potential. And then the potential. And then the potential. I'm talking about repairs.
Starting point is 00:21:36 And then potential green energy bill, right? Oh, God help me. Well, let's not, let's still stay on this because here's my thought. So, Dow is right now at what? 30 what? 31? 31? Okay, so let's say it's at 31. If it's going to be a 6% GDP, and if you don't think things are going to turn around in the next, you know, three, four years, say 2025, 2026, when China, whose plan they came
Starting point is 00:22:02 up with made in 2025, made in China China 2025 their plan was to be the number on Superpower by 2025. They're on track to be that by 2025 2026. You know, where do you see that going to next 12 24 months? Do you see it going to 40 50 60? You know, I'm that that I don't do. Do you optimistic it's going to be going I think that look what it's going. It's going to go higher. I think we have a correction in front of us that we're in the midst of right now. And between the money printing that we have to come, the liquidity that's going to be injected in the economy, you could certainly see a correction and then another run-up, another melt-up. I don't see this slowing down in the next couple of years.
Starting point is 00:22:47 Because you don't see this happening. But that's just liquidity. You're just talking about, you just, you can't have a drought if it doesn't stop raining. And the Fed's gonna keep printing money as long as we have licensed to do so because we have King Dollar, which has been weaponized.
Starting point is 00:23:03 It's actually a great analogy. Can't ever drought if it's keep raining. They're making it rain. They're making it rain. They're bringing it up. Straight up. You got Janet Yellen in the house. I mean, the rain making it rain.
Starting point is 00:23:14 You see where it's going to stop. DJ Janet Yellen is making it rain. You see where it's going to stop. DJ Janet Yellen is making it rain. Even worse. I mean, when she was the chair of the Fed and she would go in front of Congress and do a testman and they would ask her about financial regulation. Her eyeballs would roll into the back of her head.
Starting point is 00:23:28 She was so bored. I'm sorry, but Steve Mnuchin was a master at what he did. And he earned a... Your Mnuchin fan. I'm not saying I'm a Mnuchin fan. I'm saying he understood his job and he understood the plumbing of the financial system and he understood what needed to keep the wheels on the bus and keep it going. That's not Janet Ellen.
Starting point is 00:23:50 But what about Jerome Powell? I know you've been out pretty outspoken about Janet Yalen. What are your thoughts on Jerome Powell? His net worth is somewhere between $150 million. I think he's done. Wow. I think. John?
Starting point is 00:24:03 February 2022, his term is up. And the woman who donated to Hillary Clinton Lail Brainerd is poised to rise. That's what you think is going to be the next chairman of the Fed, chairwoman of the Fed. I think so. Wow. We got prediction here. But if you're enjoying the podcast so far, smash that subscribe button. Yumi Moreno, thank you for the $100 you just gave to the podcast. So now short sellers and Elon Musk. You know, last week we talked about, I said a question from Adam and Tom.
Starting point is 00:24:30 I said, who's next to be permanently banned from Twitter that's as, you know, that's, you know, like Trump, you know, you got Trump personality permanently banned from Twitter? And I brought up Elon Musk because, you know, some of the stuff he talks about, hey, he's very influential. Very, very influential. He's got a lot of him. Look I brought up Elon Musk, because some of the stuff he talks about, hey, he's very influential. Very, very influential.
Starting point is 00:24:47 He's got a live, look what he did to Bitcoin and he plays with Bitcoin, look what he does with short, he's just playing nonstop, right? So is what he's doing okay? Is what he's doing with Twitter? Is he that brilliant? Or is he's not crossing the line?
Starting point is 00:25:02 And he's just playing games at the market to Shahamaj influence he has. Well, if it was Elon Musk in a vacuum, maybe so, but he's the Pied Piper. So he has plenty of people following every move he makes. So you can't say Bitcoin's the next it girl. And then a few days later, be like, just kidding. It's that you're you're toying with small investors and speaking of Elizabeth Warren. So, and you've got Gary Gensler coming in in the security and exchange commission, and
Starting point is 00:25:33 he's looking into these influential type of voices. But I'm going to push back for just two seconds and say it was a strange, it was a bad line that was crossed when they took Donald Trump off Twitter. It just was. It said a bad precedent because now we can have these conversations about who's next. And that's not what free speech is all about. It's not. So your four Trumps they not. I think that the precedent that was set is a bad thing. It's kind of like the Democrat saying, kind of like AOC, cut lover, saying we need to get
Starting point is 00:26:09 rid of the filibuster. It's like, well, wait a minute. If the midterms flip, the House and the Senate in 2022, which is perfectly viable, then and you got rid of the filibuster, how are you going to like that then? So you need to watch what you do because you're setting the next generation of precedent when you do it. And it could come back to bite you in the ass. Yeah. Dorsey doesn't seem like he's going to flip on that. He's sticking to it. He doesn't sound like he's going to do anything about it. Well, let's talk about Elizabeth Warren. You brought it up. You brought it up. She proposed attacks on the wealth. The US billionaires
Starting point is 00:26:40 would have paid a combined $114 billion for 2020 under an ultra-millionaire tax that Senator Elizabeth Warren proposed and the way the bill works is anything you have $50 million net worth. Anything above it, it's a 2% tax on your current wealth. Anything above a billion is a 3% tax on top of your billion, that you would owe. Based on all of the the wealth American billionaires at the end of 2020 a decade of wealth on them would fund about three quarters of presidents Joe Biden's 1.9 trillion dollar coronavirus relief package with a kind of trying to get the money back for that a separate analysis of the University of UC Berkeley which again Janet
Starting point is 00:27:19 Yale and estimated that the tax would generate three trillion dollars and revenues over the next 10 years. An interesting study done by UC Berkeley. God love him. Amazon Jeff Bezos would have paid $5.7 billion in wealth taxes in 2020. Bezos would have paid two. Elon Musk would have paid 4.6. Gates would have paid 3.6.
Starting point is 00:27:41 Zuck would have paid $3 billion. Thoughts on the wealth tax. She's tried it before. I remember that. So, like, you have to have buy-in from your own party. And at last check, the Democrats were no longer a party for the people. They've long since sold themselves out
Starting point is 00:27:58 to corporate sponsors. So they have to be on board. Where did you find Fresca? You want a Fresca? You want one? We'll get you a Fresca. That's amazing. Where did you find Fresca? You want a fresca? You want one? Yes, I do. We'll get you a fresca. That's amazing.
Starting point is 00:28:08 Oh yeah, fresca. But fresca's a, it's a, it's a really hard to get your hands on. It is, but we have connections with the sand here from Colombo. We got a fresca. And Laura, Laura and Sosam and Laura. How long? She'll be here. Yeah, you're gonna get your egg sponsor like in five minutes because they're going to
Starting point is 00:28:25 trade you for fresh. The ladies pod has a sponsored by Fesca. Yeah, look, she's tried this before. The figures sound like they're big, but to a lot of these multi billionaires, they're rounding ears. And for anybody who's offended by it, they're just going to leave. Just look at what's happened with New York and New Jersey and the people who have moved to the great state of Florida because they're offended by bad tax policies.
Starting point is 00:28:53 These things never work out the way they seem, but they make for really good sound bites. They do. Do they, though? Do they, when she goes out there saying, like, I'm sitting on one retain, okay, you do a wealth tax on your next campaign. You need Wall Street to fund you. What are they going to say to you? And what are you talking about?
Starting point is 00:29:10 Exactly. But that's why I'm talking. That's some say she's not going to get vying from our own party. It's almost as if she's permanently disqualifying herself of ever running and winning anything. But that's her job and she'll get reelected. She'll be in the grave and she'll still be in office. But not at the high level. You tell me what she's doing right now. Of course, yeah. Yeah, that makes sense. What are your thoughts on it?
Starting point is 00:29:30 I guess my question is, well, number one, the tax code in America is ridiculous. I mean, it's the most complicated thing. Just, you make 100 grand a year to do your taxes. It's very difficult. So now you're talking about these people who are worth billions and billions of billions in the tax codes and the loopholes and the tax write-offs and this and that. I'm the more and more I hear about flat tax. Obviously Ross Perot talked about that. Simplify it.
Starting point is 00:29:55 Simplify it. Simplify it. That's what it's like. The more and more like I think about it, the more I'm agreeing with Adam. He's very smart today. He's smart today. He's smart.
Starting point is 00:30:03 He's smart. All right, but here's what I'm gonna flip it in that not be so smart. This is why you get the comments that you get Sometimes where people come after soy boy mafia, but go ahead tell us you know a thick skin. All right, bro I got thick glasses. It hasn't shaved for a while. So you get an even bigger lower protection Works on them though flat flat tax put by the way. We just found out today that a young Rudy Giuliani and a young Adam Adam's leak right isn't that what it is? I would never date a young Like to know
Starting point is 00:30:35 In the same We were having a conversation before the podcast put a young Rudy Giuliani picture up. Oh my gosh Yeah, here I am putting my glasses on Toronto taxes put a young Rudy Giuliani picture up. Oh my gosh. Okay, I'm doing this. So we're gonna do this. Yeah, here I am putting my glasses on. Try to talk taxes. By the way, talk of you back here. You heard this. Adam thinks he's a dime.
Starting point is 00:30:51 Okay. Adam, Adam thinks there aren't many men better looking than him in the world. But go to a young Rudy Giuliani. Look at that. Look. Go to a look at that right there. It's a great guy. Okay, zero to 10. What are you rank? Three come over. He's not a 12, but he's at that right there. That's a great guy. Okay, zero to 10.
Starting point is 00:31:05 What are you rank? This is free calmer. It's a 12. He's not a 12, but he's at least a seven. You said, okay, let's be honest. He's a seven seven seven. You called him a good looking guy and I questioned you. Wait a minute, what is good looking to you?
Starting point is 00:31:16 I think he's a good looking guy. Look at that. That's a good look. That's wrong with that. What about the one on the left right there? Kai, go down, you're going down, you're going down and stop. Right there. What about that picture? Which picture? there? Kai, go down, you're going down, you're going down, and stop, right there. What about that picture?
Starting point is 00:31:26 Which picture? The one where his face is falling off and melting. Buddy, he is how old in that picture? That's right now, where he's still like, how old is he? But here's my point. Like you think you're gonna look like this beautiful look enhanced in face you got going on.
Starting point is 00:31:38 I gotta say, you guys still have your hair, so you have no idea. The point that I was making about Giuliani, because obviously, I've- For you took shots at his look. The people wanna hear about my thoughts on taxes. They can't wait to hear my thoughts on taxes. I get it.
Starting point is 00:31:49 My point with Giuliani is, here we go. Three words, fall from grace. This was America's mayor. We're talking about what a mess New York City is. We're talking about Cuomo. We're talking about the Blasio. Danielle mentioned,
Starting point is 00:32:01 why can't we get someone like Giuliani back? And I said, I said yes I said yes He was the man in the 90s cleaned up the mafia cleaned up the street took the trash out 9-11 he was America's mayor. He was a hero He's a and now he's a punchline and a boar at movie his faces leaking He's doing press conferences in front of four seasons for no shop shop. He's out of here. He's out of here. He's out of here.
Starting point is 00:32:26 He's out of here. He's out of here. That's what I'm saying. That's what I'm saying. He's out of here. He's out of here. He's out of here. He's out of here.
Starting point is 00:32:34 He's out of here. He's out of here. He's out of here. He's out of here. He's out of here. He's out of here. He's out of here. He's out of here.
Starting point is 00:32:42 He's out of here. He's out of here. He's out of here. He's out of here. He's out of here. He's out of here. He's out of here. his legacy is probably better now than it was when he left office when he left office he was a wait a minute are you suggesting the strategy is to disappear and don't do anything no no no that was his strategy don't don't I mean we we had Bush at our event a year and a half ago and I got to tell you when we had a hundred people that took pictures with them this is pre-COVID you know what was the most common think everybody said to them they said you know president Bush I got to tell you I thought you were the got to tell you, I thought you were the anti. I thought you were, I thought you were the devil. I thought, and I, I've just fallen in love with you today. Oh my gosh. I didn't know
Starting point is 00:33:10 there was this, this, this. So he got 63% of the Hispanic vote in the state of Texas when he, when he ran for governor the second time, 63% of hispanics. He was solid right. Uptight white boy. Yeah. Yale. So, sorry, you He was a solid right there. Uptight white boy. Yeah. Yale. So, sorry. You would have a beer with you. A man of the people.
Starting point is 00:33:29 Yeah. So no longer he would have a beer with you. But he would. That's true. Yeah. No longer because he changed his life after, you know, in his city. But I think what he did, because you like his flat taxes, what you're saying. Back to that.
Starting point is 00:33:41 I think what George W. Bush clearly his biggest mistake was invading Iraq and weapons of mass destruction. Essentially, you know, the- He means it. He's awesome. He's a puppet for Dick Cheney. If you were in Nebraska, you'll be even smarter. Dan, give me a fresco.
Starting point is 00:33:58 And what did he do since he's left office? Not do anything stupid. Giuliani opens doors to just like, where can I open the stupid door? And he just walks right into it. You know, I had a friend of mine that I gave this advice to one time. I said, you know what, you know what,
Starting point is 00:34:14 your biggest challenge is he says, what's that? I said, when there's crisis, I never worry about you. He says, why? I said, because you're always gonna come out of it. 100% you're gonna come out of it. 100%. You're gonna come out of it. I said, but when there's no crisis and everything's good, I worry about you.
Starting point is 00:34:30 I said, because you fricking create crisis. Oh, that is a deal. You don't like to be in peace. Giuliani is a fricking wartime guy. He needs, he needs the drama. Yeah, but that also means sometimes when you get into a street fight, you're gonna get your ass kicked they're going to show that highlight of a knockout. And your name is Tyson getting knocked out by Buster Douglas.
Starting point is 00:34:49 That's going to happen. And this is what happens with Giuliani. They need to have politicians. They need to have politicians need a hypocritical first, do no harm. If there's nothing going on, shut your mouth. Yeah. And that's what George W. Bush did. He said that the point I was going to wrap up with, but some retire on time.
Starting point is 00:35:06 Some continue playing basketball and their legacy looks bad. There's timing and retirement. Like, bush disappeared, legacy got better, right? Some stay in the mix too long and then there's too many opportunities screw up. And then there's Tom Brady, hello. Yeah, seven, which is,
Starting point is 00:35:22 and Bob, he's still continuing. First question is, why fast after a one seven is what? Is this enough? Like, what do you need to do next? Is now I gotta go. So what else do you need in your life? Is I need the eighth? Is it why the eighth? So can you imagine the wiring?
Starting point is 00:35:33 Go back to your flat taxes, Mr. Ysuberk, union labor requirements. We're going back to the flat tax. Flat taxes is gonna take all the- I'm with Adam on this. If you want Warren Buffett to pay more taxes than his secretary, then just tax him. You don't get rid of all of the CPAs. You know when you have an economist agreeing with something that I just came up with over
Starting point is 00:35:57 here? I'm pretty smart as well. I'm pretty smart as well. If you want to get rid of all of the red tape's just red tape, then just do it. Just, just tax them, period. So you're good with flat tax? I think it should be in the conversation again. I think everything should be on the table again.
Starting point is 00:36:13 What are the, not everything, but what are the chances of flat, what are the chances of? Cheers Daniel. Salute. Cheers PPD. I got grapefruit, what do you got? You got, I have black cherry. Black cherry here, Give me toast toast
Starting point is 00:36:25 Here's a toast to you guys Yeah, for you to look the future looks bright there. Thank you for asking Our sponsor and and and whiteies egg whites. Thank you. Uh, whiteies So okay, so flat taxes who would be against flat taxes rich people I Thought poor people would be against flat taxes. Rich people. I thought poor people would be against flat taxes. That's crazy, right? Now you would think that. I would think.
Starting point is 00:36:49 If you're taxing everyone at 15%, 17%. No, no, no, no. 20%. I mean, in theory, the rich are getting 40%, the poor paying, you know, nothing 10%. Well, you just don't tax them if they make a certain amount or less. If they're below the poverty line,
Starting point is 00:37:02 you just don't tax them, period. By the way, I think that's a great idea. I think that's a great idea. If you make below a certain amount, better than a welfare system. By the way, here's the thing, watch this. Watch this, watch this. This just took us to a complete different place.
Starting point is 00:37:14 Which would you rather have? You guys ready? Which would you rather, but honestly, I'm asking this to everybody. And listen to this, what she just said, weren't the different free, which is made a right turn.
Starting point is 00:37:23 We're going, you turn, we're going this way. Watch this. Yeah. I'm with you. Rather have a minimum wage or if you make less than 40 grandier, you don't pay any taxes. Hello. What would you take?
Starting point is 00:37:36 No tax. Forget the minimum wage. Are you seriously a minimum wager? I'm not a minimum wager. What shirt was he wearing last week? I love minimum wage. $15 bring it, you know, like five to 15. Oh, I love it wager. I'm not a minimum wager. Tell him what shirt was he wearing last week. I love it. $15 bring it, you know, like five for 15.
Starting point is 00:37:47 Oh, the love of Pete. Okay. All right. Here's a little lesson. Mine, Danielle, before you, we have a new one. Uh-oh. He's making that up.
Starting point is 00:37:55 Before you go in on me. I'm gonna do. All right. Mine. I do have a friend. I do one of my best friends in South Florida. He's a guy that he's the champion of the fight for 15. Adam, you have a friend in South Florida.
Starting point is 00:38:08 Okay. Money everywhere you go, you run into somebody that knows this guy. Adamites. You come Adamites. They're out there. So I'm off here. So, but can you, yeah, yeah,
Starting point is 00:38:18 I mean, I'm gonna get me a new one. I'm ready to talk. So my, my mama was born and raised in Pierce All Texas. The average home price in Pierce All Texas is around $73,000. My father was born and raised in East Haven, Connecticut. It's east of New Haven. Average home price, there's about $250,000. Should the average worker make $15 in pierceau and in East Haven?
Starting point is 00:38:41 Clearly not. Okay, good. See, next, next. This is why I'm against a federal minimum wage, but in certain Connecticut rich areas or South Florida book return, there needs to be- You've never been East Taven, it's not the right side. It's not the right side of, no. Danielle, can you get used to being
Starting point is 00:38:57 in book over to them more often? I just wanna know that. I'm so loving it here guys. Okay, because I heard from the people at Louis Bosies, you had a great time last night. Oh my gosh. Woo! They called me this morning, they said, oh, by the way, yeah, by the way, again, yes, we want to give her a second wake up call. Yes. So, okay. So you are in favor of governors or mayors implementing some sort of minimum wage, but not federal government.
Starting point is 00:39:22 Did I understand that correctly? It is the job of this is why we have the separation. No, no, all I was saying is I mean, I'm in the egg white. It's take the camera. I'm trying to see if Paul is paying attention. So if I signal to you, that's what I mean, but don't worry about it. You missed the signal.
Starting point is 00:39:33 Everybody else got what I was saying. There's an egg white signal. Okay, no, no, the egg white signal to Paul is, get off your Instagram. Stop the M in your girl. Okay. And you're watching, but you guys are friends. We know that's not a true story.
Starting point is 00:39:44 Paul has six to play. Stop that, buddy. watching, but you guys are freaking out. We know that's not a true story. All of a sixth play. Stop that, buddy. It's my guy. Paul and Paul and you and your lady are going for a fight. Yeah, yeah, yeah, yeah. Paul and Paul and your lady are going for a fight. Yeah, yeah, yeah. Yeah, yeah.
Starting point is 00:39:55 Yeah, yeah, yeah. Yeah, yeah, yeah. I know this was just accidental how we got into the conversation. I'm actually just this, if you actually pitched, you make less than 30 grand or 40 grand, don't pay any taxes. No. But let's eliminate minimum wage. You actually pitched, you make less than 30 grand or 40 grand, don't pay any taxes. But let's eliminate minimum wage. So meaning if you're making 7.20 an hour, 7.25 an hour, whatever the number is right now.
Starting point is 00:40:13 You make 15 grand a year. Well, you're making more, you're making, you know, you pick the number, you're making 10 bucks in our writer job. 20 grand a year. 20 grand a year. If you're making 10 bucks an hour, 20, if you would have paid taxes, how much are they taking taxes out of you? If you're making 10 bucks an hour. Well, I don't think taxes, how much are they taking taxes out of you? If you're making 10 bucks an hour.
Starting point is 00:40:25 Well, I don't think you pay any taxes if you make less than I think 12 grand or 10 grand, like zero. That's the zero tax bracket. I'm saying take it because it's 40. Okay. Take minimum wage out. No taxes paid until you make 40 grand. So the only number we deal with is what?
Starting point is 00:40:40 Raising or lowering that number, not minimum wage. Cool. So which means if we go four years from now, five years from now, 10 years from now, due to inflation, that 40 goes 45. You have 45 goes 50. You don't pay any taxes below that. If you make about 50, you pay taxes.
Starting point is 00:40:54 I mean, I'm in. Eliminate, eliminate, eliminate, I've got minimum wage. Minimum wage. And eliminate minimum wage, and eliminate the progressive tax. Just put a flat tax on. You're going to make government work.
Starting point is 00:41:07 What a, what a, what a government going to work. What do you mean? It's going to work. If you do something that simple, government actually works. It functions. That is an incredible. Why don't, why don't, why aren't these kind of conversations in the, you get me frosting on the cake of term limits and we're all good.
Starting point is 00:41:19 I mean, look at, look at Pat Tumey. Pat Tumey is my hero. Oh my gosh. I've got like the Pat Tumey post draw. My ceiling. Pat Tumey's your hero. Oh my gosh, I've got the Pat Tumey post draw. My ceiling. Pat Tumey's your hero. Terminates and sticking to them. Pennsylvania, where's Pat Tumey?
Starting point is 00:41:31 Pennsylvania. Pat Tumey. Democrat? No. What is Pat Tumey? But he's moderate. Did he vote against Trump? He is a moderate and he did.
Starting point is 00:41:40 He voted against Trump. Insurrection is for guy. I love how Adam says to me. I mean, look at people like Maxine Water. I'm not into vodka. I'm not into vodka. Look at people who have been in Congress for decades and decades and decades.
Starting point is 00:41:51 They're just taking up space. They're not legislating. They're not governing. They're not doing anything for the people. Yeah, like that one guy. What's that one guy? He just won the presidency. What's his name?
Starting point is 00:42:01 Oh, Biden. Just takes up space. Stop it. What's that one guy's doing? I'm getting assaulted here. You know he hasn't an oppressed conference yet, either. Who is that? Joe Biden, there's tons of articles. Who is that? Who is that guy?
Starting point is 00:42:10 Press conferences are a bit with that of a teleprompter. And they cut out his feet. Oh my God, I said that out loud. He was like, I'm scared. It's worse more than me and that's a problem. Because you know, whoa, whoa. All right, let's talk about Governor Abbott. Let's talk about Governor Abbott.
Starting point is 00:42:22 Oh boy. Because this one's about to get really exciting here. Danielle's governor to put it in the long-garde governor. Ars is the scientist, which I don't think she's a fan of the scientist either, but we'll talk about both of them. Okay, so Governor Abbott announces plan to fully reopen businesses,
Starting point is 00:42:37 ending state mask mandate. Texas Republican governor, in terms of his promise, I want to index 100% Abbott issued an executive order that resents. Many of the state's previous orders allow all businesses in the state to fully reopen and revoke in the statewide mask and mandate.
Starting point is 00:42:51 To be clear, COVID has not like suddenly disappeared. Said governor Abbott responsibly. COVID still exists in Texas, the United States and across the globe, but it is clear from the recoveries, the vaccinations from the reduced hospitalizations and from the safe practices, Texans are using the state mandates are no longer needed. Businesses are able to limit capacity or implement additional safety protocols if they choose to, which is wonderful. He's leaving it
Starting point is 00:43:21 up to you, you know, Daniel, to choose and say, we believe you should wear a mask. It's a choice, right? And Governor Newsom quickly responded to the announcement on Tuesday, uh-oh, calling it absolutely reckless. And a Twitter post Newsom has leaned towards stricter guidelines in California's pandemic response. Daniel, what are your thoughts on your governor? and make response. Danielle, what are your thoughts on your governor? Well, I think that he was a little upset with a straw poll at CPAC that gave him a 0% probability of being president in 2024. So you think this is because of that? Oh, yes. I think he needed a moment. He's looking for headlines.
Starting point is 00:44:01 Oh, yeah. Let me ask you. Do you think he wants to run? moment. He's looking for headlines. Oh, yeah. Let me ask you, do you think he wants to run? Oh, let's see one, two, how many times did he visit the White House four times? When Trump was there? So you think he wants to run? I think every governor has aspirations. Especially when it's this ninth largest economy on the planet. Okay. You're saying if you get to that level where you're the governor of... You have to have aspirations. You have such high lofty aspirations.
Starting point is 00:44:29 You can see yourself being president. Your Florida's former governor is in the Senate now and he's got aspirations. Okay, but let's do this. So you touched up on one part of the whole thing. So he announces he's opening it up 100%. And he leaves it to you business owners in Texas. I'm one in Texas. I have a big business, business-ized business in Texas. I've heard that if we want to open it up, we can open it up. If not, we don't open it up, right? You say it's because he got 0% chance from CPAC running again
Starting point is 00:44:57 and that hurt his feelings. So he wanted to get relevant. Hey, here's what we're doing. And all of a sudden, media gets a few hundred thousand likes on Twitter. Everyone's talking about it and one's saying, yes, no, disagreeing. But how about the actual mandate? How about actually lifting it? What are your thoughts on lifting and putting it at 100% and getting people back to work? Getting people back to work. I think small business owners that are not able to get it. Getting that now that's that's that's a red herring.
Starting point is 00:45:24 Getting people back to work. Look at how you run your company. People, individuals in their cubicles, they have their own mandates in terms of who can get close and who can't. So you run your business responsibly. Every business can be open. Opening bars at 100% is assinine.
Starting point is 00:45:41 It just is. You're assuming people are going to be responsible and they won't be. Look, there's a reason that life expectancy in Asia is longer than it is here in the United States. There's a reason that we didn't have a flu season in the United States. We were all protected from one another. So there's something to be said for not getting sick. There just is. Look, but again, it should be up to the business owner, but you need to have a responsible governor. You just do. Well, but I'm sorry, Daniel. I'm confused. So, so you are saying leave it to the small business owner
Starting point is 00:46:19 to decide whether you want to make a public place, though. Sure. Where the mask. Okay, oh, you're saying but in public places, he should say you should wear a mask in public places. In public places. Such as when I'm out, when I'm running, when I'm walking, when I'm. No, of course not. Then you're no, then you're like no outdoor dining. What an idiot.
Starting point is 00:46:39 No. Okay, so you're not noosom, you're not abit, what are you? I'm in between. I'm trying to ensure that people are as responsible as they should be. Did you enjoy dinner last night at Louis Balson? I did. How was it? How were you sitting at when you ate?
Starting point is 00:46:53 The bar. How many people were at the bar? Tons. Tons. Why did you do that? But we were not all over each other. Well, you know, we're not people are not all over each other in Texas. They have a little bit more etiquette.
Starting point is 00:47:06 They'll say, hey, I'm sorry. Wait, wait, wait, wait, wait. People in Texas have more etiquette? I think more than Florida. I like that. That's okay. No, Florida, they're very, listen, here, this is like people who are like, do you know who I am?
Starting point is 00:47:20 The etiquette here is, do you know who I am? The etiquette in Texas is a little bit different. There's a lot of New Yorkers here. So your customer service on Florida is not a tax of customer service. That's true. So, but you enjoyed yourself last night. I did, but I think that there's a certain amount of comfort that you get in knowing
Starting point is 00:47:39 that other people haven't asked on. Did you send a tweet thanking the Santas? Did you say governor, the Santas, thank you for allowing me to eat a Louis bosses and enjoy this Italian food and the glass of wine? He is so my favorite person. He is so, but here's, okay. The Santas.
Starting point is 00:47:53 Okay. How do you feel about the Santas? Hashtag sarcasm, hello. All right, I have picked it up. How do you feel about it? Now, the Santas on the other end, you know, Abbott got zero percent, but the Santas on the other end. Oh, huge.
Starting point is 00:48:05 Okay, so. Mr. CPAC. Yes. So he is a star in a making that actually has potentially what it takes to be your president. Maybe mine, maybe his, but he could be our president, right? What are your thoughts about DeSantis? I'm actually curious into what you're
Starting point is 00:48:20 going to say about DeSantis. So. Here we go. In the Florida Panhandle over the summer, when I came here with my family to vacation as I do every year, I got away from Destin and the more crowded Rosemary's. I took a step further beyond that and I only went into Walmarts because it sounds like my kind of party. Because they mandated masks when he wouldn't
Starting point is 00:48:49 in the middle of a wave of COVID. And making teachers go back into the classroom when they should have maybe stayed out for seven days, which he amazingly did, is just. You see that's irresponsible, right? Totally. Qualified irresponsible. But he doesn't care.
Starting point is 00:49:09 Okay. You have a certain appeal. If you appeal to the rebel, to the Trump, there's a Trump and a lot of people. If you appeal to that person, you're going to make all kinds of brownie points. You're going to be really popular at CPAC. Oh, I don't think that's it, though. I don't think it's just that. I'm talking pure results is what I'm talking about.
Starting point is 00:49:35 So the unemployment rate in the state of Florida is not any better or worse than it is in the United States. Yeah, but it's way better than New York and California. Of course. So go to the people that. Yeah, but it's way better than New York and California. So, of course. So go to the people that were ridiculously controlled free, et cetera, et cetera, and what they did. They're an American. But here's my argument for the census.
Starting point is 00:49:54 Here's my argument for the census and my argument for Abbott. Okay. You know the story about Disneyland, Disney World. This is not a new story. So Disneyland, you know, they weren't working with Bob Iger, same company, two companies, and Bob Iger's a Democrat, and Nusom wasn't working with them, you know, eventually that dude, I'm not even working with him. I'm going to Disney on Easter.
Starting point is 00:50:11 Yeah, so back here. Disneyland shuts it. 25,000 employees lose their jobs. Disney World's good to go. They keep their jobs. So people are able to go feed their families, get the food, pay the rent, all that other stuff. Same CEO Iger, two separate governors, Nusom, DeSantis.
Starting point is 00:50:26 DeSantis helps Disney stay in business and the employees keep their job. Nusom fires 25th, I think, and maybe the numbers, even 78,000 people, I don't know the exact number. Who's a big number that lost their jobs, right? Okay. So let's talk about a sport that would be qualified
Starting point is 00:50:43 as the most liberal supporting sport in America. Which one would you say that is? Take the four sports. Basketball. I think it's fair to say NHL. We don't even know what NHL would be, but NHL is woman's sport. Okay, they have more female fans than any other sport NHL.
Starting point is 00:50:57 NHL. By far, it's not even funny. We like to watch men beat each other. Yeah, that's right. Okay, so there you go. So what sport is the sport that supports BLM, liberal, you know, philosophy? Social justice campaign of the NBA. Which is clear.
Starting point is 00:51:14 The NBA. Okay, so the NBA who would fully disagree with DeSantis because of his irresponsible actions is here, decided to do their playoffs in Florida. Yeah. The Super Bowl decided to do their Super Bowl in Florida. The Santas is trying to get Olympics to be in Florida. Why are people from New York nearly a trillion dollars of wealth, say of or half a trillion
Starting point is 00:51:41 dollars of wealth, moving to the most irresponsible state, Florida. Why are so many Californians leaving to Governor Abbott's state? Why? If you sit there and you look at it from my perspective, the way I see it, he says, responsible, make the decision small business owners, do what you need to do, responsibilities on you. Let's do the right thing. I have no problem with that. Yeah. But I also think, you know, to lift what he did in Texas and what the Santas did in Florida. I think these guys came out being heroes.
Starting point is 00:52:12 Look what happened in New York. Every single day we watched Cuomo. Every day we were watching Cuomo. You got, and you know how I feel about Cuomo. I've said this many years ago, you're a huge fan. But wait a minute, I've never said I'm not. What I'm trying, even till today, I think the guys, the two brothers, Quama, I've said this morning, you're going to a huge fan. But wait a minute, I've never said I'm not. What I'm trying, even till today, I think the guys, the two brothers, to me,
Starting point is 00:52:28 there's an element of it that I see family, I see how their Thanksgiving would be. I'm a tragedy. Try to interact, they joke. Forget politics. I'm simply talking about. They're Italians. They're Italians.
Starting point is 00:52:39 It's like, hey, what's up? And they're dad, Mario, you just kind of feel that you'd want to be at their house at Thanksgiving. You know, if you're a friend, you're like, hey, Quama, I'm coming over. Okay, cool, come on over, family's up under Dad Mario, you just kind of feel that you'd want to be at their house that Thanksgiving. You know, if you're a friend, you're like, hey, Koma, I'm coming over. Okay, cool. Come on over, family's waiting for you. Unless you're a young woman.
Starting point is 00:52:50 Unless you're a young woman. Yeah, unless you're a young woman. Okay, so again, you know, it started off. Koma was a hero. He's going to be the next president. Nusom's a hero. Oh, he's so responsible for the next president. One guy's about to be recalled. And the other guy's about to be impeached.
Starting point is 00:53:07 And the Santas and Abbott look like rock stars. So COVID kind of made Abbott and the Santas look like rock stars, and the two other governors. I don't know about that. So... And you know, the irony is that if you look at the per capita death rate in these states, they're all kind of on top of each other. So for all of the overbearing regulations that were imposed in California, it didn't save the lives. So what is that? That's just math. That go too far. That's what I'm saying. I don't I don't mind a mask mandate in public areas, but let business owners do whatever they need to do to be in business. Well, I'm glad I lived in Texas in four or five years. I'm glad I moved my headquarters from California to Texas and I'm glad I'm in the state of Florida. I cannot tell you how safe I feel as a business owner, as a small business owner entrepreneur,
Starting point is 00:54:10 I am glad I'm in these two states because I have offices all over California. I'm all over Northeastern. I'm all over DMV. But you can over deregulate. That's what's been happening with those two states. Because guess who was in Austin during Ice McGuendon? Musk himself, he was none to impress. Yeah.
Starting point is 00:54:30 So you can go too far on either end of the spectrum. 2011, there was a Super Bowl, there was Ice everywhere, the Power Grid failed, the Power Grid, Irkhat in Texas said, we're gonna fix it. 2014 failed again. We're really going to fix it this time. We're going to take those suggestions to weatherize our power plants. A few years later, 2021, people die and it's a third world experience.
Starting point is 00:54:59 So you can go too far in terms of not having regulations. I don't disagree. It was very disappointing. All I said is, how's the state this big? Wasn't prepared for the storm that they had, right? How's that even possible? But at the same time, Daniel, if we flip it, how does a state like California
Starting point is 00:55:17 every flipping your loose people to fire? And it's not a one-time thing. At least Texas, this is the worst they've ever had in 100 years. How does Texas, California, every year, you got the fire? Everything, you can't figure it out. They wrote the book on how to not run your paragraph. California did. Texas had at least had an example to follow.
Starting point is 00:55:35 Yeah. The mudslides, the fires, I mean, it's just, you have to want to be there. So really badly because you get the weather from Florida. Yeah. But you get the taxes from California. Who would do that? To be where?
Starting point is 00:55:49 Who would live in California with those taxes? Quite a lot of people. Third largest economy. Fifth largest economy. Fifth largest economy in the world. I get it, I get it, I get it. It is. I'm out there once a year, but who would pay those taxes?
Starting point is 00:56:01 I just don't get it. When you can live and so many companies are agreeing. And that's why on my Twitter feed, all the Californians, when Texas was freezing, there was just the word is shot in Freud. They were so excited that there were people suffering in Texas. And I'm like, are you serious? Yeah, of course. They were nasty. Yeah. And I'm like, you're supposed to be, you know, people from the happy state. What's unfortunate? That's not's not America though, but that is a lot of voters on both sides, you know There's a lot of voters on both sides that that that's why they call it the left coast. Yeah, well
Starting point is 00:56:33 It's just a quick point on like why would you live in California? I'll Give a case example we would hear for years and years and years New Yorkers are considering coming to Florida and like every new year is like oh, New Yorkers are considering coming to Florida. And like every New Year's, like, oh, the New Yorkers are here. You know, oh, why would you live in New York? Why would you live in New York? Well, you know, the taxes and the weather, but it took a fricking pandemic and Zoom and being able to work from remote for people to say, you know what? You know what?
Starting point is 00:57:00 Before COVID. Yeah, but not in droves like this. No, not in droves. And that's my point with California. It's now with Zoom and WFH, work from home, and work from anywhere. Now you have that luxury, whereas the... JP Morgan and just put up for lease
Starting point is 00:57:14 800,000 square feet of office property. JP Morgan's gonna have a bigger footprint, employee-wise in Texas, and it's going to have in New York. 800,000 square feet of office space in New York. Pat wants to see states like New York and California and be completely flipped on its head, do you know? You need a young Rudy Giuliani, you just do.
Starting point is 00:57:35 A young hot Rudy. You're so funny. Okay, he was never hot. He just said that he was good looking. I mean, don't go too far here. It's a seven or eight. That's all I said. It's a seven or eight.
Starting point is 00:57:43 Seven or eight. It's like a five and a half. What would you say you are? here. It's a seven or eight. That's all I said. It's a seven or eight. Seven or an eight. It's like a five and a half. Stop. What would you say you are? What are you at? Seven or eight? No, you're not seven or eight. I put you as an eight and a half.
Starting point is 00:57:52 You know, I put you as a... Damn, can't even get a nine for a pen. No, no, it's... I don't like the grading system. Come on. He's not happy with it. He's a nine. Look at him.
Starting point is 00:58:02 He wants some kidding. I'm more obsessed with like Rudy Giuliani that you are we like people people think we're joking I was gonna think about eight and a half People think that I'm the one who thought the Rudy Giuliani was high we didn't argue About you Rudy Giuliani I thought that he's got a gross one the best looking guys I know how about that one the best looking guys I know. How about that? One of the best looking guys I know. I'm a bad guy.
Starting point is 00:58:26 If I'm one of the best looking guys in this room, you know I know a lot of good looking guys. Yeah, you're one of the best looking guys in this room. So, okay. So, let's continue. By the way, so we talked about Texas. They did what they did. Target, Toyota, GM, and Macy's in Texas.
Starting point is 00:58:39 Keep wearing masks, which is fine. Do your thing. Employees at GM, Toyota, who's not gonna be in Texas, will keep their masks on, the company said on Tuesday, even as the state lifted, good. Abbott's executive order lifted, okay, God, we know that. Relaxing comments send safety protocols
Starting point is 00:58:52 like wearing masks is a mistake. Jason Brewer, Vice President of Communication at State Affairs of Retail Industry, Leaders Association, state, said adding that going back on safety measures will unfairly put retail employees back in a role of enforcing guidelines. I still recommend about the CDC.
Starting point is 00:59:06 Okay. In terms of 35 other states, Puerto Rico, as of Monday, 35 U.S. states will, along with the strict of Colombia and Puerto Rico, mandate the residents wear masks in public, Iowa, Mississippi, Montana, North Dakota, have lifted mask orders earlier as well. So, you know, you're looking at this.
Starting point is 00:59:25 What are the other 11 states that I've done in Montana, Iowa, North Dakota, Mississippi, Georgia, Florida, South Carolina? Georgia was never even, Georgia never even had a mask mandate. Yeah, they've never mandated a mask mandate. So, again, I mean, we'll see what's gonna happen. The reality of it is,
Starting point is 00:59:41 every time these types of decisions are made, every time these types of decisions are made, all the, you know, one lady came out and she said, she tweeted, she said, I just want you to know this is a very irresponsible decision. I will never, I'm a taxant, I will never go anywhere without wearing a mask, a matter of fact, I'm double-masking right now when I got so great, do it. That's her business. She said, I hope they don't force me to take my mask off.
Starting point is 01:00:06 I said, no, I was gonna force you to take that stuff. What are you talking about? I said, for how many decades have you gone to the airport and you see folks flying from Asia? What were they mask on? And I would always say, why did they mask on? Like what happens in Asia, you know, they're like- Why do they have a longer life expectancy?
Starting point is 01:00:20 Yeah, so you think it's because of the mask versus the food they eat and how common, peaceful peaceful they are in. They are, but they also don't have a full season like we do. So, I mean, they just, they believe that germs are not for sharing. So, but it's just a way of life. I don't know. I think. But look at what their economies have done in a, in a, in a COVID world. So many of their economies have not been hit hard. Well, China is the only country. I'm not talking about China. I'm just saying China is the only country in the world
Starting point is 01:00:49 that have a positive GDP for 2020. That was actually the world. What a deceptive thing. That was actually fake math. Sorry. Well, you're gonna trust China. That's what you're saying. You're not.
Starting point is 01:01:00 What you do, I know you get your data from China only. I only get a PSC China news net. That's it. I'm you get your data from China only I only get a PSC China news net What is what I'm sorry like they went they went back into 2019 and okay and revised economic data in order to mathematically Fabricate a country had a positive GDP. No, so even China but countries like Well, why are you other there were there were a lot of countries that did a lot better true What but why would China like walk me through, you know, China's mentality here,
Starting point is 01:01:27 why would they want to be known as the only country to have a positive GDP? Because they want to be. Would that put more of a target on their back from you cause this and you're succeeding through all this and when the rest of us are melting away? You think they care? Well, obviously not.
Starting point is 01:01:42 All right, walk me through logic there. Matt, I just got the CCP off my damn twitter feed i need just need to be quiet now they were they were they were they were they were what they created all these impersonators on twitter accounts china's monitoring damn
Starting point is 01:01:57 look they have their eye on the prize they have their eye on on patrick's 2025. They do. They do, they do, they, and you know. And we're focused on the midterm elections right now. Here's, by the way, the one thing about China,
Starting point is 01:02:14 you gotta respect, man. They are so united at the top. Like when do you hear a, now obviously it's communism and it's first and third. I totally get it. Yeah, but Eugene Ping was a quiet bureaucrat before he rose up and became stronger than Mal. So you have to think about in US like the as much as you know what the constitution was
Starting point is 01:02:35 written. I wouldn't want to live anywhere else. It also reveals too many of who's against who. All you have to do is watch a news for like a couple. He's like, okay, he hates him. watch the news for like a couple is like okay. He hates him She hates her They're on the same page. It looks like there's on the same team. Okay. Good. Here's what we're gonna negotiate boom boom boom boom boom I mean, it's so easy to go up against us because you know
Starting point is 01:02:57 Hey, well, you know what Trump said about you the other day when we're talking I just want to make sure that you know that we have your back and And you don't think these types of things are being played on a behind the, like, have you ever had anybody that try to manipulate the negotiation, you're kind of sitting there like, wow, you are so freaking good. You would probably get a lot of other people the way you just did. Patrick, let's just face it, your 10 times better than,
Starting point is 01:03:17 you know, a Bobby. And I know Bobby's your boss and I know this, but let's face it, without you, he's a nobody. And you know they're like, wow, you are so deceptive, buddy. Wow, just sitting there, listen to the language. You know, Adam, you know, if I was your girlfriend, you don't, like a girl says that, and you're like in likes and likes,
Starting point is 01:03:36 you're like, oh, you what? Oh, really? You would treat me better? Okay, that's great, you know. You're done. Your tongue would go on. So we're just giving our dirty laundry to the world and saying, hey, use this against us.
Starting point is 01:03:47 Come on down and it's making it so easy sometimes. But that's not new, right? We've been doing that for a hundred something years. Not 200 something years, not 200 something years because 200 something years ago media wasn't the way it was to be. They're not social media. No way.
Starting point is 01:04:02 So when they came up with what they came about back in the days, you didn't say something two seconds later, China already knows what you said. You said something. It may take two months until they find out what you just said. Okay, so the speed of being able to retaliate wasn't that quick when they wrote the constitution. Today, I say something right now, China could have somebody watching us to make sure we don't say anything bad about China, they have one job. Monitor these podcasts to see what they're saying specifically these guys, because she said
Starting point is 01:04:29 stuff about China, he said stuff about China, he said stuff about China. We don't know this stuff on what they're doing, so easy for them to do it today versus what it was 200 years ago. Anyways. And they do it with no fear. Remember, the international court system came out when Barack Obama was in office and said, China is violating international law with building out the South China Sea. And they're still doing it. And they're still doing it because the United States looked the other way. So, and
Starting point is 01:04:56 now we have his protege bottom line. 80 years old. We've been talking about China, doing all, you know, stealing intellectual property, breaking international law. For generation. For generation. WTF, like, is there gonna be a hot war? Is there a cold war? Is a trade war? Like what in the past?
Starting point is 01:05:15 Is actually going to happen. You know, we're just gonna talk about it in talks about it in talks about it. Like the Bitcoiners will tell you that Bitcoin's gonna take over. But that means that the past 400 years of history's gone. History. Because in the past 400 years, if you're going to lose the reserve currency status, which means you rule the world, there's been a hot war involved. And that's just history. There has been a hot war. And who is building up
Starting point is 01:05:39 their military for the first time since World War II, Germany, and who is now more reliant on China for their economic growth than they used to be from the United States Germany. So China's an interesting thing because if you look where they're investing money in 2016 they put more money into the United States than they then they did into Europe and then Trump won and they quit putting money in the United States and they started putting money into Europe. And if you think about world history and building alliances and world wars and hot wars, you cannot have a hot war unless you have an alliance.
Starting point is 01:06:15 And that's what China is building, very proactively. Who's on China's team? I mean, we know that they're pumping money into Iran as an example. And they're pumping money into certain countries into Africa for sure. But who's like, I'm with China, no doubt, what's up? Look at, look at South America and all of the copper, soybean. Look at the exports. Look at who has pumped up that entire subcontinent's economy in the last generation.
Starting point is 01:06:40 And they have built out the infrastructure and energy in Africa. But I'm talking the big countries, the big countries of the world. Did I mention Germany? Okay, so Germany is on team China, not team United States is what you're saying. It remains to be seen. No, not on team EU. It remains to be seen. We all know what happens when freaking Germany gets a freaking army on its side. But but but again, Germany is building up its military.
Starting point is 01:07:00 But you're saying, but you're saying allies. And you're saying allies. I'm saying, you know, did. You're saying allies. I'm saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies.
Starting point is 01:07:10 You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies.
Starting point is 01:07:18 You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. You're saying allies. like, is Russia have China's back? Iran? Of course. Okay. Those two are there, Saudi Arabia.
Starting point is 01:07:26 Saudi Arabia is on whose side? China. China? We're on our way to being independent, energy-wise. So we don't rely on the Opec nations as we once did it. What is this kind of culminating, I guess, as my point is that we talk about, we talk about China's doing this, China's doing this,
Starting point is 01:07:43 they're gonna take us over 2025. We started talking about $1.9 trillion. It's not going towards job creation. We're still on the first topic by the way. We're back to Bitcoin. $1.9 trillion. Okay. I mean, you know,
Starting point is 01:07:56 China is enemy number one. Clearly there's no question about it. It's not even close. And well, first of all, enemy number one is internal. It's within US. It's a mindset. But I think outside of that, it's China. I don't, enemy number one is internal, is within US, it's a mindset, but I think outside of that, it's China.
Starting point is 01:08:07 I don't think enemy number one. I think you just said it the right way. We're on work. The United States is its own worst enemy. Exactly. This is, unfortunately, I've lived in other countries and I've had the benefit of living in three different states in America. And when I mean, I also lived in Kentucky, in Tennessee,
Starting point is 01:08:25 but I'm talking, I lived in three different states as a business executive, right? You lived in Kentucky? I lived in Kentucky, in Tennessee. And it's in the army. When I was in the army, I lived in Kentucky, South Carolina, in Tennessee for two and a half three years.
Starting point is 01:08:36 But, and I lived in Iran, I lived in Germany. So you have an experience and politically on one side, mom side, one side, that side, one side. You know, America is, cracks me up when some Americans who have what they have. They keep taking shots at America. It's very, very weird for me when I see it. Very weird for me. So I do think number one enemy is America itself, then I think it's...
Starting point is 01:08:56 How do we heal that, though, like within ourselves? Like before we start fighting with China, how are we going to heal that internally? I don't think you're going to be able to. Let me explain to you why. Because if the only, so who stokes it? Think about like who gets the, who fires us up? Who divides us? Who pins us against each other?
Starting point is 01:09:18 For as long as there's a business model for that, this is not going away. You're saying the media? Yeah, for as long as there's a business model for media, this is not going away. You're saying the media? Yeah, for as long as there's a business model for media, this is not going away. They're not making money right now. Okay, CNN Foxes are not making money right now. You're not watching CNN Foxes much as used to a year ago. You're not watching it right now.
Starting point is 01:09:35 Without the Trump shit show. Well, because Biden is not doing any press conference, as Biden's been instructed by his team to not get on TV and talk, Biden's not saying anything that's going, oh my, could you hear what he said? He's making only for four years. The life of the media, a living hell, nothing. They don't have a job right now.
Starting point is 01:09:50 There is, there is still more coverage of Donald Trump than there is of Biden today. Of course. In the media. In the major media. That's what media needs. Media needs an enemy. Unfortunately, the enemy is America. So the media's enemy is part of their team. So for example, let's talk about Cuomo, right? Let's talk about Cuomo, what happened to Andrew Cuomo. The social harassment thing that took place and another person came out, another person came out, Charlotte Bennett came out, 25-year-former, you see the picture with him on the hands on the face. This is an inside job.
Starting point is 01:10:21 Okay, and all these other things. And he said, okay, you know, age doesn't matter. He told her as he asked about her feelings about age difference and relationship conversation. She told a friend about a text on her. He's fine with anyone about the age of 21. She said he told her, okay, and all this stuff. And Komah told her in relationship celebrity, Sandra Lee, his girlfriend for 14 years ended in 2019.
Starting point is 01:10:41 And then his brother gets heat, right? Hey, Chris Kromel criticized for hypocrisy after he said he won't cover brothers controversies. You see any Chris Cuomo? Well, Chris, before we start tonight, let me say something that I'm sure it's very obvious. Obviously, I'm aware of what's going on with my brother and obviously and I can't, it cannot cover it because he is my brother, right? He is my brother. That there's a natural conflict. There's a natural conflict there.
Starting point is 01:11:06 So first of all, what are your thoughts about what's going on with Andrew Coleman? And we'll talk about his brother. And then this all comes back to me with what I was talking about with America is undermining their own American, like their own allies internally versus China. The point will get there, but what are your thoughts about what happened
Starting point is 01:11:23 in Andrew Coleman? This smells like an inside job to me. This smells like it's coming from within the Democratic Party. Why, though? It's too orchestrated. It's too organized. Everything is so scripted. You're like, they've been waiting for their moment.
Starting point is 01:11:36 They have. I don't know what the Democrats have against this guy, but this was not something from outside the Democratic Party. What makes you even instinctively go there, right? Like why? Because the Democrats are coming out against him. They're the ones calling for him to be. Well, okay, so let's go with that.
Starting point is 01:11:53 Why are they even thinking, all right, we got to take this man down as because all the deaths of the nursing home is because the old regulation, the nursing home scandal is definitely, because again, he presented himself as the perennial governor. I'm doing everything right. I'm going to write a book about it. It's all about me, me, me, me, me. And then you have this scandal erupt. And you've got the second highest per capita death rate in the country after New Jersey.
Starting point is 01:12:23 It doesn't look good. You think these are the Dems within the New York State government? With all the Dems? Yes, absolutely. The Debalazios of the world or even the state government? The Lausanne cannot stand.
Starting point is 01:12:35 So they got that, that's a public hatred between those two. But why though? Why? So I do agree it's an inside job, but why are they coming after this guy? He's a candidate. He could be a face. He could be a marketable guy. Why are you going after Cuomo? Is it because you know, the Democrats, there's two Democrats right now. You got the AOC Bernie Sanders side of the Democrats. And then you have the Democrats that biting all the rest of the manchions. Yeah. So my people. Yeah.
Starting point is 01:13:05 So what, what, which, which group is going up? Because they ask Nancy Pelosi, yes, they have to go out there and investigate it. They ask, irresponsible. They ask the mayor of the velocity. Yes, that, I mean, it's like everybody is throwing them under the bus. Yeah. You know, whether it's the Biden side, the Biden camp or the other side, they're all throwing them under the bus.
Starting point is 01:13:24 Why is that? There is. They didn't like his rise to power. They didn't like his hogging the spotlight. I mean, I can't say I don't know, but it is definitely an inside job. And by the way, you know, like the things that came up about him, did you think anything was severe? Like, do you think anything was out of control? Look, God, I can just hear my Twitter feed. There's nothing illegal about being a dirty old man. There's nothing illegal about being a dirty old man. Okay.
Starting point is 01:13:55 Yeah. He didn't, I mean, he didn't, there wasn't, I mean, from what we've heard thus far, there are no allegations that wander into physicality. Right, right. Did you hear his press conference yesterday? Did you hear him crying yesterday or no? Crying? I was on an airplane, no. Did you see him crying yesterday?
Starting point is 01:14:13 I did not, no. Okay, so he apologized. Did you guys see it or no? He cried? He cried on national television. Of course. Well, we can't do it because they're not going to let us play the video. Really?
Starting point is 01:14:24 Yeah, they're not going to flag it. But it Because they're not gonna flag it. So he cried. But it's how you men cry, it happens. Yeah, but he was crying. He was literally crying saying, I, he says at first, it didn't seem, but I have to tell you, I have come to a conclusion, this was not okay. What I did was not okay.
Starting point is 01:14:37 And, you know, but, you know, and yes, I am gonna change my approach and I shouldn't have done this. And he's crying while he's saying this. I can't even quote him while he's saying this. Well, okay, look, if you're the father of a daughter, would you want somebody talking to your daughter like that? No, you wouldn't. But it's not a crying.
Starting point is 01:14:54 But Italian men, they feel guilt, they get all emotional. It's, trust me, Ma'amco, Philip, can crown a dime. Yeah, but you know how I processed that here? So I got a daughter and she looks like a cooklau and Armenian means like a doll. She's got a daughter and she looks like a cook loud. And Arminia means like a doll. She's like, look, she looks like her mom. Can I really prevent somebody flirting with her?
Starting point is 01:15:11 I don't know. Can your husband prevent you sitting on a flight with another guy on a flight flirting? I don't know. Can folks in, how many rich billionaires do you know in their 60s that are dating 25 year olds? I mean, here it's very normal, just so you know, it's very, very normal here. I've actually noticed.
Starting point is 01:15:29 Okay, yes, very normal here. So, so, you know, I think that's on the daughter. I think that's on the conversations with the daughter of a, but I'm not going to be telling her, oh, no, 55 year olds ever going to flirt with you. It's going to happen. It's inevitable. If you go to a bar, it's just, so for me, it's like, I sit and I say, I swear to God, if somebody breaks my daughter's heart,
Starting point is 01:15:48 I'm gonna kill this guy, right? What am I gonna do? Someone is gonna probably end up doing this. That's irrational. Yeah, it's irrational. If somebody beats up my sons, you know what we're gonna go out there, I'm gonna meet their parents,
Starting point is 01:15:58 you know, it's gonna happen, right? So. It's happened for all of mankind. The challenge is, the other day Bill Maher did a skit. I send it to you. I don't know if you watch it. He's top of a canceled culture. And he said, are we really gonna do this? By the way, every, I wish I could play it for you
Starting point is 01:16:13 so we can watch it together. We cannot. Everybody needs to watch Bill Maher's cancel. If you send me, the matter of exact minutes, it's six minutes, but you gotta watch it. It's on his Instagram account. Save it. Why don't you put the link somewhere in the comments section later on with the podcast over for people to see it. You know, he came from an angle like,
Starting point is 01:16:31 what are we gonna do? Every single time something comes out from fifth year, you know, Dr. Seuss is being canceled. He's been dead. What like, people are being now, so originally it was hearts being canceled, comedians being canceled, actors being canceled, businessmen being canceled,
Starting point is 01:16:46 and now dead people are being canceled. So what are you, are you gonna do future babies that are gonna be born being canceled? Like, what are we going to next? At my kids elementary school, they had Dr. Seuss week, and all the dads would sign up online, and they would pick a Dr. Seuss book to go read the kids.
Starting point is 01:17:02 I mean, seriously? I have a random question. I have a random question. I have a random question. This is a, I was gonna ask this before podcast, but I'm gonna ask you guys. Have you ever met anybody in your lifetime that wasn't racist? That wasn't?
Starting point is 01:17:16 Wasn't. That's a loaded question. I think everyone has some sort of predisposition to, whoa, this racism. Right, like what is racism? Okay, listen, there's, like that person, they're freaking racist, blatant racist, or there's people who are,
Starting point is 01:17:35 I think the word you're looking for is prejudice. Like you have sort of a predisposition to the word racist, so put them together in the same family. Pregidous, racist, stereotype, just put them on the same same family. Prejudice racist stereotype. Just put them on the same. The stereotypes that hold there. Yeah, but there's a difference between, okay, so you grew up Italian on the East Coast.
Starting point is 01:17:52 Yeah. So, I mean, you grew up with Polish jokes, you just do. Do you really hate Polarcs? No, you don't. But there's a difference between racism and bigotry. But, okay, who's not a bigot? Who's not a bigot? Who's not a bigot? A lot of people.
Starting point is 01:18:07 Oh, let me ask you a question. Do you think the same folks that are, you know, talking about what's going on with BLM? You don't think they're, I was in a military. I've worked in, you know, regular jobs. I cannot tell you how many. I grew up not liking white people because everybody that was in my community
Starting point is 01:18:25 saw white people as the rich people that have all the money and we work for them. You grew up, you're like these. That's what exists. I understand that what I'm saying to you is, so for me, I want to get my first job at Bally's. I walk in, I had a beard at the time and I was pretty big guy at that time.
Starting point is 01:18:41 So I walk in and, you know, I may not look like the friendliest guy. So here, you know, the guy that hires me later in and, you know, I may not look like the friendliest guy. So here, you know, the guy that hires me later on says, you know, I got it. I don't like you at first. I thought you were this cocky, arrogant, middle eastern guy that, you know, came in here and all this stuff. And I was worried about having you be in here. I said, that's a form of, you know, big a tree. That is a form of, you know, that is a form of, that is a form of, that's all Middle leasters are judging a book by its cover. All Middle leasters are, that, that, that, that, that, all men are, all women are, all whites
Starting point is 01:19:14 are, all, I mean, 9-11 after, you know, there were all these people who, taxi cab drivers getting beaten because they put everybody was in the same Middle Eastern. I think crossing the line as that. That's crossing the line. Exactly. I think targeting is crossing the line. Yes. I think that is problematic. Well, there's, but just because somebody, you know, there's a different person. People should have the right to not like you. People should have the right to say, you know what? I just don't like your style. People should have the right to say, here's my, they should have the right to. Well, I think there's a difference between thoughts,
Starting point is 01:19:47 between words and between actions. So everyone has thoughts like, if I'm at an ATM, anyone who walks behind me, I'm like, who's this mobile? You know, like, could be a five foot woman, I'm like, you know, like, all your thoughts, but then taking it to a different level, all right, words, what are the jokes, what are the things you're saying,
Starting point is 01:20:07 what are the comments you're making? And again, that's a whole different level. That's like, all right, you've taken your thoughts and now you vocalize them, I don't know about that. And now when you took it into action, you start beating people up because they look a different way or. Like, you're talking about as physical abuse,
Starting point is 01:20:22 that's a totally different way. The murder rate in the United States is going through the roof. Why though? They have done extensive studies and they have found that when there is a lack of confidence in the political leadership of a country. Oh, come on, guys. Now, I'm sorry, but it's true.
Starting point is 01:20:39 Oh, come on, guys. The murder rate goes up. Oh, my gosh. Is that a study? What is it? It is. Okay. I can send you all the link. You're saying that you Is that a study? What is it? It is. Okay. I can send you all the link.
Starting point is 01:20:47 You're saying that you don't believe that? No, it's not. Oh my gosh, guys. What I'm trying to say, America may be the most inclusive melting pot. Are you kidding me? You turn on the TV. It's like, whoa, all these people are bad people. They're after you because you're just skin color and all this.
Starting point is 01:21:06 I'm like, no way. There's, this is probably the greatest country in the world as far as being inclusive, what we can on now. Don't get me wrong, you go to Alabama. I remember I went to Alabama and I went to Waffle House. Guy comes out. And it's, Guy comes out, he says, hey boy, I'm like Patrick.
Starting point is 01:21:26 Hey boy. Hey boy. What are you from, boy? I said, I'm from Iran. Now what the, are you doing here from Iran? I said, I'm in your military. What do you mean?
Starting point is 01:21:37 I'm in the US Army at the 101st. Make sure you're free. I'm protecting you. Yeah. Well, well, well, thank you for your service. Thank you for your service. I'm like, all right. Now, let me get a pack there. House. Well, well, well, thank you for your service. Thank you for your service. All right. Now, let me get a pack there. So, so the point is, listen, I love America. I served America, but I also understand it's okay that some people are not
Starting point is 01:21:55 going to like that. I don't wake up in the morning, sent, oh my gosh, I don't like them. When I started in the insurance company, I had a negotiation with a guy said, we're going to drop your contract because another three Armenian insurance companies ripped them off to a million dollar check away from them and they thought I was gonna do the same thing because I'm Armenian. I'm okay with that because I'm gonna change that. I'm gonna give you my example.
Starting point is 01:22:15 We, so for example, if I were to right now bring 10 girls, different nationalities, to introduce them to you. Friends of mine. Are we still looking for a wife or Adam? Well, by the way, he's still on the search. I think, by the way, it wasn't eight and a half, I'm at eight eight right now, just so you know, I'm at eight eight right now.
Starting point is 01:22:32 Something I did not change in my life. He's the first guy, I don't know. He's the man. Think you can run that off. He just can run it up to nine. That's a nine, lady. The point damn. Maybe a nine earlier.
Starting point is 01:22:42 He's at almost nine. The point, by the way, way with the mask you're a two So this is why I want you to wear the mask. I wanted to do those why perfect why teeth that you have to be shown right So the point I'm trying to make to use I am so okay if you You know think I'm such and such because I'm from Iran great. Let me earn the right. I'll earn the respect I don't take it as but that's not fair. No, I'm good. I'll go earn the right. I'll go on the right and I'll earn the respect. I'm totally fine with that, but that's also the American way. Yeah, but today, today, people are walking like this. People are walking like this,
Starting point is 01:23:18 would a muzzle on their mouth and a handcuff and shackle because you're afraid to tell certain jokes. Like a part of me wants to become a comedian just to freaking be free because you're a comedian. It's like, let me just tell some jokes. Wow. I didn't talk nowadays, you know, I didn't get the memo. I apparently I'm still not politically correct because I don't, I don't have a governor on my mouth. Well, no, but you do, but, but, but Daniel, you do because, Daniel, and I'm not going
Starting point is 01:23:39 to, I'm not going to go there, but you don't talk about a hundred percent of things you believe in. You talk about 98 percent of beliefs. You still have two percent that you, and I think you need to. I'm not, I'm not gonna go there, but you don't talk about 100% of things you believe in. You talk about 98% of beliefs. You still have 2% that you, and I think you need to. I'm not judging that. So I'm not saying, oh, go out and say everything you believe in. If we did that, freaking, people will be like, these guys belong in jail, because if you really thought about some of this stuff publicly, it's good to keep some of it to yourself, right?
Starting point is 01:24:00 I don't have a problem with that. I think that's fine to have that. But all I'm saying is, if that 98% is getting pushed to, 95 to 90 to 80 to 72, that's where we're going today. Where comedians can't tell jokes. Are you kidding me? I want you to go tell your jokes. Go comedians ought to be free to go tell your,
Starting point is 01:24:15 to tell their jokes. The verb cancel is, and it's not an I remember. So let me bring it back to Andrew Cuomo. Okay, he said yes, he says, but I can tell you one thing. I didn't touch anybody. Like meaning, obviously he touch the face of the girl He didn't you know grow up or anything like hitting use the word group. That's what he's trying to say. Okay
Starting point is 01:24:33 Where does flirting go? He's a single guy. He's not married. He's flirting Okay, what what is that go you can't flirt is it is it like or we had that so what is flirting become is this flirting? Hi, I think you're pretty. Would you like, are we at that? So what is flirting become? Is this flirting? Hi, I think you're pretty. Would you like to go have a drink with me? I mean, so what do you do like? That was not compelling. Yeah, that's not compelling.
Starting point is 01:24:54 So what do you do? So you don't need a little bit of a tease or a little bit of a, I'm sorry. So then now you're destroying the ability so for a guy to court you and flirt with you. So let's talk about Andrew Cuomo. Let's get to go to Chris Cuomo. Chris Cuomo, not saying anything about his brother.
Starting point is 01:25:09 What do you think about him? He has every right to be a good brother. That's family. Well, I think it would be even uglier situation if he came out on CNN, you know, the leftist media and started defending his brother. I know my brother is a good man. He would never do this. I think he took the high road, said sort of defending his brother. I know my brother's a good man. He would never do this.
Starting point is 01:25:26 I think he took the high road, said, look, my brother, it's probably inappropriate for me to start telling the story here. And I'm gonna take a pass on this one. That was 100% integrity. Integrity, but it's also expected. Like, listen, I think the higher ups and CNN told me not to comment in this
Starting point is 01:25:45 situation. It's a, there's, you know, it's moving parts of this. You know, like, you know, Ron, Ron Reagan, not Ronald Reagan, Ron, the atheist, the son. Yeah. I mean, you know, and, or, you know, you got the, the Conway daughter, Joe, and the situation. Yeah, that is right. I'm right. You're saying something about the family. You're going family. I have so much respect for the fabric of
Starting point is 01:26:12 The formal parents how they raise their kids Because I sat there and I said say it's my two boys to condolent, right? Some like this happens Listen, I swear to God, if you throw your brother under the bus, you are not going to like what's going to happen. Yeah. Family first. You got to respect what is going on here. You do not go out there privately. Yes, what I want you to do. Go do whatever you want to tell them privately. She was asked out, push him around. What were you thinking? What the, let's just say you can do that privately. Cool. Publicly family first.
Starting point is 01:26:46 I respect, I don't agree politically, but I respect the decision. See, that's the part with the family sat on what they have. I actually respect what they're doing. I think the question now becomes, should he get impeached? Should he go through that and you know, impeached? Well, not impeached.
Starting point is 01:27:03 Should he, should comos resign and step away? You're all going to step down. I mean, that's ridiculous. Well, that's just, let me give my two cents real quick. On this comos situation, interesting perspective about the inside job. I could see something like that. You know, maybe he's made some enemies certainly
Starting point is 01:27:18 with his rise to start-out. Start-out. Start-out over the last year. But, you know, the nursing home thing isn't even a, they're not talking about that for some reason right now. Obviously, I think that's the main story. You know, and like even when we went to your office
Starting point is 01:27:32 and said, hey watch this video, what are your thoughts on it? I was like the hot dog video. I was like expecting something so much worse or watch this video where he put his hand, I was expecting, oh damn, here it is, here's the bomb. He's like, yeah, yeah, have a bite of a hot dog. Like, because she's eating a hot dog.
Starting point is 01:27:48 Like, I was expecting something so much worse. Something so much salacious that I was like, that's it. This is what this guy is. But you know why it's happening? Tell me why. Why do you think it's happening? Why these stories are coming out? No, why do you think they're asking for, why do you think we're into movement of stepping down, resign and peach? Why do you think we happened? Why these stories are coming out? No, why do you think they're asking for, why do you think we're in the movement
Starting point is 01:28:05 of stepping down, resign and peach? Why do you think we're in our movement? You're back into the cancel culture. You caused it. You, you, you the one that wanted and peach from twice. You caused it. So that's, that's, that's, that would be, the Republicans kind of coming after him.
Starting point is 01:28:19 This is more inside though. No, no, what I'm saying to you is, we're officially in the era of, you should resign. You should step down. You should impeach him. We're in that era. No, it, what I'm saying to you is we're officially in the era of you should resign. You should step down. You should impeach him. We're in that era. It's normal now. You mean no?
Starting point is 01:28:30 No, no, we are. I'm drawing a line saying that's ridiculous. No, no, no, no, you're canceling the will of the people. You're canceling voters. Unfortunately, once you do it once, kind of like what you said about AOC's filibuster two years from now, it's going to backfire on you. That's exactly what's happening. So guess what Cuomo? You said he should be impeached. Hey, it's backfire on you.
Starting point is 01:28:48 Now it's coming back on you. So you're getting the taste of your own medicine. So in 10 years ago, what does that mean? Resign. But today you should resign based on what you thought Trump should do. So you're getting the taste of your medicine. I think a part of the... You reap what you sow. Yeah, a part of this is, you know. Well, there's two quick thoughts. Number one, what was acceptable 50 years ago, 100 years ago, 200 years ago, is not acceptable anymore.
Starting point is 01:29:19 Like, I remember one of the first shows I ever watched was Archie Bunker. I used to have a black and white TV in like 1989. And this guy Archie Bunker would say the most ridiculous stuff. And that was like the main TV show in America. No way Archie Bunker's on TV these days. Do you remember Archie Bunker? Yes.
Starting point is 01:29:36 All in the family. Yeah. Okay, so that was completely acceptable in the 70s or the 80s. Zero percent chance it's acceptable now. The Washington Redskins, I mean, we can go down the list here. The Washington Redskins and the Clevelandians and the Dr. Seuss. But you can't cancel the pass. And I was guilty of this, even on one of the first podcasts when we were talking about they were taking down the Confederate statues.
Starting point is 01:29:59 And emotionally, I was like, get those pieces of shit traitors out of here. Cancel them all. Take down the statues. No, no. Relax, you can't just cancel history. You can put it in a museum, though. You can still, you know, have it, you know, in certain sections, you don't have to agree with it.
Starting point is 01:30:15 We can just cancel history. So, and then you have people like, extremists on the left who are trying to cancel Abraham Lincoln. Oh, forgot sake. Which is like, to me, the dumbest thing on the planet. George Washington to cancel Abraham Lincoln. Oh, forgot sake. Which is like, to me, the dumbest thing on the planet. George Washington's next. He's coming up. Don't worry.
Starting point is 01:30:31 To me, that's freaking absurd. But whose fault is the whole cancel culture? So what's this whole cancel culture deal? How did it start? How did it start? How did it start? How are we here? How is it that everybody keeps like, hey, you said this, your cancel.
Starting point is 01:30:43 Hey, you said this, your cancel. He just brought up the 2% I can't talk about. Exactly. So the level of sensitivity is at the highest. It's ever been. We are so sensitive because we're all about feelings and we're all about how you feeling. Right. Oh my, did we offend you?
Starting point is 01:31:00 Did we say something that I said? Oh, man, and I want to. Yeah, all of that. It's so like, did you hear about the thing? Yes, it would flag that you can DC. You can't have a flag above certain size to hang outside your house. And they're saying, well, it's offensive to some people.
Starting point is 01:31:14 So they're making a flag side. Which flag? US flag. Excuse me. You didn't hear about this yesterday? Go search it. You're gonna crack up. In America?
Starting point is 01:31:23 In America. And it's in court. They're talking and the people are agreeing. You can't have a certain size flag to hang outside because it's too much in people's face of too much America, too much America. Well, I'm sorry, but you know, it's it's started with this woke culture. Unfortunately, it's and and and look to a certain extent There are some merits in it like if you're a native American and you're looking at the Washington redskins And you're like, yeah, I'm like that straight up like okay
Starting point is 01:31:54 They're calling me a red skin like that's like that's like they had a team called like the Washington Brownskins and it was a picture of an Iranian guy. You'd be like, I'm a little offended here. A little bit. Okay. I am brown skinned. Okay. Cool. But I like it. I'd like it too. You look especially after Hawaii. I'm like, I'm sorry. Should I leave? But I'm just all this hot. Bro, man, you're going on.
Starting point is 01:32:22 But you can't change the past, but you can learn from it. And I think cancel culture is a very slippery slope. I think Bill Marhead a great point that like everyone's cancelable these days, because everyone has a social media profile, so everyone's out there. So anything you do, anything you say is potentially cancel, cancel, cancel that guy. Redem off, cut the show.
Starting point is 01:32:43 That's it. It's like at what point do you have just a freedom of expression of freedom of thought? It's gonna backfire like it's backfire and on Cuomo. Like you have to understand, if you go through it the way some are going through it, the backfire is gonna come. You're gonna pay a price if you go that way.
Starting point is 01:33:01 It's gonna come. You can't just go think and you can bully everybody. People behind closed doors sit there and plan things that may take 20 to 30 years for it to become a reality. You don't want those types of people. They're given birth to a lot of people that are gonna be thinking what they're gonna be doing
Starting point is 01:33:15 20, 30 years from now. And you're given birth to a lot of true believers today by piss on them off, by taking their voice away. You don't take a voice away from somebody. It irritates them in a different way. Not in the country. It's a different freedom you take away. What they're kind of doing it right now, but let's talk about Brazil. Brazil. Brazil oil industry shake-up could be devastating for its economy. Following the outsting of the CEO of Brazil's state control oil groups by President Bolsonaro earlier this week.
Starting point is 01:33:47 Bolsonaro. Bolsonaro. Earlier this week, experts fear what greater intervention might do to the country. Following the change in leadership of some of those stocks plummeted losing 20% of their value Monday around $13 billion. This also had a negative effect on Brazil's currency, which decrease in value by 2%. What are your thoughts on what's going on in Brazil? So in 1964, the United States funded in finance to coup, and that military regime was around
Starting point is 01:34:18 until 1985. It was almost two decades before they had an election, an elected president. Bolsonaro happens to have been a member of the military regime back then. So it is a very slippery slope in a country that has been devastated by the virus to try and swing the pendulum back to another military regime. And that is why four members of the Board of Directors of Petrobras stepped down in protest when he instated a general who knows nothing about energy as its CEO. These are not the kind of things that you want to read. It's why they call emerging economies, emerging markets, emerging
Starting point is 01:35:06 because they don't do things that developed economies would. But Brazil is a big damn economy. It's the biggest economy in Latin America, and you don't want to see this happen. At all. You don't want nationalism. You don't want these types of trends to start because they can be contagious from one country to another. We've seen this in the past. And again, we were talking about the economic reliance on China. So you start lining up the dominoes, and this is hopefully somebody in the CIA is wise to what's happening down there, because this is not the way we want for it to go. In 1964, the United States was financing the coup.
Starting point is 01:35:43 Who knows who's behind what's happening now? But this is not a good direction. 1964 was a JFK. Was it London who funded the coup? London. And Kissinger came out a few years after, or Kissinger came out and said, we know that they were killing off dissidents. It wasn't anything like Chile where they killed a ton of people,
Starting point is 01:36:07 but there were many, many dissidents speaking of suppressing free speech. Bad things happen. And they tortured their own people, they killed their own people, they exiled. If you were exiled, you had, that was a good verdict. But you don't wanna see these developments. So what a good verdict, but you don't want to see these developments.
Starting point is 01:36:27 So what's next? If discontinues, what happens to Brazil? Who do they become? Are they like the next Venezuelan like Adam said yesterday? That is a risk. You don't want to see that. I know you have a soft spot for South America. You lived in Venezuela.
Starting point is 01:36:40 You know, you got a great Spanish accent. I'd love to hear more Spanish on the show or we have, we got some Colombians in Venezuela and Mexicans in the house, not that Mexicans so. But Brazil is the powerhouse in South America, right? I mean, for sure, not even a question. And, you know, being here in South Florida, we have an influx of Venezuelans.
Starting point is 01:37:01 Yes, you do. Bananas, there's Brazilians here. Argentinian, I mean, Argentina's a mess. I guess just give me your economic synopsis and what's happening in South America, how that affects us here in America because we have our own interests to freaking deal with.
Starting point is 01:37:15 And the last part of that is how big on the shit show level is Brazil right now? Like overall economic South America. This is kind of the first shot across the bow. So, the person who used to run Petrobras, who was ousted, was a University of Chicago educated economist who believed in free markets. And that was kind of the direction that South America was taking, looking at the example of Venezuela and saying, we don't want to go there.
Starting point is 01:37:45 Uh-huh. Uh, so this is not something that you want to see, but at the root is income inequality. And terrible income inequality. In the favelas, it's insane in Brazil. Oh my gosh. Yeah, yes. And that is where a lot of the COVID deaths occurred. So we're seeing similar situations play out in Peru,
Starting point is 01:38:08 Mexico, and in the United States. Income inequality is an economic phenomenon that will come back and kill capitalism. So I know three things about this guy, Bolsonaro. And obviously there's more learning more about him. I know number one, they called him the Brazilian Trump, right? He would refuse to wear a mask and then he got COVID. And then you see all these images of like burning the Amazon in Brazil and him sort of not giving an F of what's going on there. So he seems just completely narcissistic. Yeah, I don't
Starting point is 01:38:47 know who the word is that what's your take on this guy Bolsonaro? I think that power corrupts absolutely and we're seeing an example of that. But again, you have to remember his roots. His roots were in that military regime. Gotcha. That we do not want to see Brazil go back to because you don't want to have economies that are susceptible to becoming future allies of China. And it all, I mean, I'm sorry, but all roads lead back to Beijing. Wow. And it's an economic matter. And you care who butters your bread. That's it. So, so is China using the playbook that US has used for decades? They know, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, are just, but they're saying, hey, we learned it from you. Thank you, you know, we learned it from you. You taught us how to do this and we think it's a great strategy.
Starting point is 01:39:48 We're just going to do it better than you because. During the industrial revolution in the United States, we trashed our environment in order to build out our companies and under to build out our industrial sector. And what have they done? They've trashed their economy and they've built out their industrial sector. Trash their environment. Inchirp. Sorry, yes. What is the current state of Chinaash their environment. Inch of. Inch of. Inch of.
Starting point is 01:40:05 Inch of. Inch of. Inch of. Inch of. Inch of. Inch of. Inch of. Inch of.
Starting point is 01:40:13 Inch of. Inch of. Inch of. Inch of. Inch of. Inch of. Inch of. Inch of.
Starting point is 01:40:21 Inch of. Inch of. Inch of. Inch of. Inch of. Inchiously, we all disappear and never come back. Boom. What happened about your team? I have no idea. We're VTGO.
Starting point is 01:40:30 About your China. About your China mix, China mix. About your China mix. No, that wouldn't go, right? But we go visit. I think it's the best thing to do. We go find out how it is. I wonder what would happen if we went to China.
Starting point is 01:40:39 I actually have a... Would you feel safe? Would you feel safe going to China right now for a week? To Macau? Yeah, we go to Macau. On Kong? I'd go to Hong Kong, not that that's mainland China. I'd go to Hong Kong. Have you not watched the news lately?
Starting point is 01:40:52 Well, you know, it's becoming more mainland, but. Would you go to Macau? We go one week, we said the best hotel at Macau. We'll go to the wind. Would you go? Who's funding this trip? I would fund the trip. All right, I'm in! Let's go. That's all you mean.
Starting point is 01:41:08 Seven. It's fun. But would you go if I funded it? Would you go? I mean, if you felt comfortable, we've won't come to I'm not like, I would never go there. I'm not against China, the people of China, my guess the best thing about that right is when you go in your macho, 23 hours, 22 hours, 21 hours, three hours, two 3 hours 2 hours 1 hours border and then we're landing and you're getting out Yeah, and you look at Adam's face Adam's got the mask on he's got just one hat on I just went from an eight
Starting point is 01:41:40 Oh my gosh, you'd be clueless. I'd be Xanax out on a lighter to China. I mean, any flight to that long. Hey, if you're watching this, if you're watching this, if you had a chance right now, would you feel safe going to China today? Would you feel safe going to China today? You would, Kai. You would be. Give a look at Kai.
Starting point is 01:42:03 I mean, come on. I'm in a region though. If I went there, I would be. You would be okay. Kai is like. I mean come on I'm Norwegian though if I if I went there you would be okay Kai is like prime for a kid napping get this little kid over here It's just like I don't know I'm not even holding this guy ransom just get over here get the car guys You know, I don't know would you guys go into a to China? Eric would you go? I think you would go if we can I could have been stationed there I'm not a big fan of counterintelligence threat countries I don't like to be followed. I don't like to go to a hotel and know that there's cameras. There you go. China, Russia. There's going to be a better.
Starting point is 01:42:31 Yeah, this guy lived in Russia for four years though. So. So did you lived in Russia for four years? No, one year. One year. And there's counterintest... So if you go... Yeah, so if you're talking in your room, you just have to know everybody's listening to you. We're getting spraid with no. No, no, no, no, no, no. It's like a hoes. Stop us, said yes. Alex said yes.
Starting point is 01:42:50 You got to see. I wouldn't even. I wouldn't even. I'm sure, said yes. I mean, they're listening in your vulva. By the all middle eastern name said yes. Well, not just middle eastern, which keeps it.
Starting point is 01:43:01 Our friend Michael says as a black man, hell no. I don't know what that has to do with this thing. Ateemo, yes, for China, I would go. A bunch of other people are saying a no. Here's the question for you, P.B.D. Yeah. The founder of entertainment from Iran speaks out against China. Country you're more likely to visit soon, next country.
Starting point is 01:43:25 Iran or China or Iran? It's a good question. I would visit both. But I think that's the reflective answer. Which country you will set foot in first. If you're betting, betting man, roll the dice. Red for China, black for Iraq. I couldn't tell you, but I don't know.
Starting point is 01:43:43 Probably China over Iran. I don't know. Because it over Iran. I don't know. Because it's more likely you would travel there. I would travel to both. But I would. What's more likely you wouldn't be seen again in those two countries? That was the question.
Starting point is 01:43:55 Yeah. You read my mind. Well, not seen again. I think you would see me again in Iran, but they may keep me in Iran. Okay. China, you may never see me again. Oh, I would play hide and go seek and I'd win for 60 years.
Starting point is 01:44:08 You winning, God. You and Jack Ma, hanging out. Hashtag winning. I would have a six day presentation. So let us tell you, moving forward, you have to say about China. But can you imagine like you're in your sweet and chan, you're staying at an iso-tell in China and you know you're being recorded. So you say, what a wonderful country China is.
Starting point is 01:44:27 Don't they just have the greatest system in the world? I love how we were treated. The food incredible. Yes. Incredible. The best. So you're sitting there, you're building them up. NA, you tease them.
Starting point is 01:44:38 You tease them and confuse them a little bit. So what should we do with the petroleum that we brought here, the nuclear, and you kind of tease them and they're listening to you? What should we do with this? Should we leave here, you know, the nuclear, and you kind of tease them and they're listening to you, right? What should we do with it? Should we leave it in this room? I've got the uranium in the hotel safe. Yeah, the uranium, let's leave it here before we leave. Have you ever been to China?
Starting point is 01:44:55 Ever? No, I have not. And would you ever go? Well, all four of my children take Mandarin. So I've always said that I'll go to eat Mandarin. Oh, well, if you can't beat him, join him. Wow. They're not gonna invite them in,
Starting point is 01:45:08 but at least you can understand them. You want to teach your kids Mandarin? My future kids. First, we got to make him have kids. Yeah. We got to find him a woman. There might be a kid that's speaking Spanish somewhere in Costa Rica.
Starting point is 01:45:18 That's all I'm saying. I don't know. That's a pun there. Okay, that was okay. What? What? You're the only person that's a lot of visits America. Where did that come from? You're the only
Starting point is 01:45:28 South of the comeback and I want you when you're on court. No, is he 20? Is he 10? That's where the confusion is Probably he would he or she would be about 11 years old now, but who's counting? Oh, so you were 30 30 when you're a 29 Right around 29. Yeah, yeah, bachelor parties I'm in love fell in love For a week for a day there you go. How about? Did you know you're the only person without the visits out to America? What's going on here? With the stripper So I'm by you a drink
Starting point is 01:46:02 That's one that song with pop which one? I'm'm by you a drink. That's one that's wrong with pop. Which one? I'm a by you a drink. Oh yeah, yeah. Do you know who deep brain is? I'm afraid I don't. T-Pain? Oh my you and I both. Okay.
Starting point is 01:46:14 So let's do Tesla. I don't want to hit the store with Tesla. Tesla to launch full self driving car, subscription within four months. Ilama says that Tesla will launch it. It's full service in an a subscription within four months. Ilama says that Tesla will launch it, it's full service in an X3 to four months. The automaker is set to launch the option for full self-driving package, which costs $10,000 at the purchase of a new Tesla vehicle.
Starting point is 01:46:34 Here's what you get with the package. Navigate on autopilot, auto lane change, auto park, summon, full self-driving computer, traffic light and stop light Control, Stop Sign Control. Tesla also plans for the package to eventually lead to full self-driving capability, but the automaker has already missed a few timelines on that front, and even if it achieved it, the release will be dependent on regulatory approval, which is market specific. Yeah, okay, that package is missing the driver. Just saying.
Starting point is 01:47:08 So what do you think? I mean, you're an Uber guy. Yeah, I just, that comes out with something like this. Would you buy it? Is this true? You don't drive a car. No, no, I don't. But that's a good, good, never-
Starting point is 01:47:20 I haven't had a car in 10 years. It's actually, the world is a safer place where Adam drives. The side rocks and Boca Raton are safe. It's actually the world is a safer place for Adam and Dr. The side rocks that Boca Raton are safe. Yes, well my bicycle is pretty rad, dude. I'm like, did you say tricycle? Is it really though? You have one of those?
Starting point is 01:47:34 Do you have a real nice bike or you got one of those like a beach cruiser? I'm not, I'm just taking my time. You know, it's good for South Beach. I'm not trying to win a marathon here. But back to Tesla. Wow. So much fun. Yeah, imagine if we had some wine here I think we do that late night one night
Starting point is 01:47:52 Wow, like this is happening. We like I remember seeing You know test drive, you know, you've seen the you know the cars with the sign on it like that Jetsons Not well that too, but You would see driverless it would have a sign on it driverless car like, you know all that too, but you would see driverless, it would have a sign on it, driverless car, like, you know, just be careful, like we're out here. And it's happening, like there's full on driverless cars now. So like, you for instance, you joked about earlier,
Starting point is 01:48:19 imagine you buy a Tesla, you're Pat, you got Zoom calls, you're doing interviews, you're doing dream team meetings, and you don't even have it to look at the road. This is pretty impressive stuff. This is like where we're at right now, and life right now in 2021, is that you just get behind a Tesla
Starting point is 01:48:36 and get to where you're going. If it was a full on self-driving car, that all you do is sit, put the address, it goes to it, would you buy it? I mean, or would you still stick to Uber? Like, would you buy it? Would you buy a self-driving car? You don't do the driving, it's purely automatic. The thing with me as wide and have a car was because I lived in downtown Miami and to get anywhere I was going, it's all within $5 Uber. And half the time,
Starting point is 01:49:08 quite frankly, I was going to South Beach and partying and drinking. And the last thing I needed to be doing was having a car. So if you don't, and I've said this a million times, if you don't have a car payment and if you're not paying for insurance and you're not paying for gas and maintenance and flat tire and somebody hits you real, real mirror and you're driving a curve and next thing you know, even nailing it, like you can save a lot of money. And I've saved a lot of money not having essentially a $10,000 expense for 10 years putting that into the market.
Starting point is 01:49:35 We know what's happened in the market. Like I've gone on on that. So for me, it's not about, oh, I don't want to actually drive. It's the financial component. But for someone like you, who it has kids, has a family, it has to drive around. You're moving, you're grooving,
Starting point is 01:49:51 and you're doing 10 different things all at once. I don't see a reason why you would not consider this. I would. I think if there's a self-driving card that takes me anywhere, the challenge is also, I like driving though. I enjoy driving. That's great. Let me tell you what happened the other day.
Starting point is 01:50:09 The other day I missed having a stick shift. Like I missed driving stick shift, like I front pole. Oh, I mean, you know, it's, is your stick shift or no? What, which car is stick shift? The Challenger? No, it's not. Yeah.
Starting point is 01:50:22 Is that an option like you have an option to pick up stick shift? No, it's full manual Yeah. Is that an option? Like, you have an option to pick up Stick Ship? No, it's full manual. It's 100% manual. 100% manual. Oh, let me tell you, not have the option to drive it. Like, that does nothing for me. Stick Ship, it's like, so you want to do more work?
Starting point is 01:50:36 Just to get where you're going, I need to be reversing and neutral. I like driving. I like driving. Okay. I like speed, but I think for business, I would absolutely buy one. If there's a self-driving car, luxury, say you have a nice,
Starting point is 01:50:47 escalate luxury self-driving car that's going to take me, I'm always on the road. What have I told you that you need a million times? A driver. A personal driver. Now you have it built in and you don't got to pay the person. Well, it's not fully, it's not fully fully. What's it missing?
Starting point is 01:51:02 It's if it's a fully self-driving capability, I am all in. One of my cars will be a self-driving car. Yeah, once the technology is proven, I'm all over it. I am. But I'm not going to be the guinea pig. Okay, so you're waiting. Yeah. You're going to be the guinea pig with the vaccine.
Starting point is 01:51:20 Let me ask you. Are you guys okay to not drive in? Yeah. You're okay. So you would be okay to just get into a machine and it ask you, are you guys okay in that driving? Yeah. You're okay. So you would be okay to just get into a machine and it takes you place and you're not driving. Absolutely. Not a fan.
Starting point is 01:51:31 No, I would want the option still to drive, but 75% of the time I don't want to drive. Eric, you too? I don't like driving now. Sam, do you like driving? One more time, I'm out of work. Sam loves. Kai, what do you think? So I think there than a hour. Sam loves. Kai, what do you think?
Starting point is 01:51:45 So I think there's two components. Obviously, and initially, if all the cars are digital and driving by themselves, I feel a lot safer. If you have people like Sam driving and your car is peacefully driving self-driving, then that could be an issue there. I'm driving a hundred miles an hour, I'm good, then I can do that.
Starting point is 01:52:02 Yeah, I can do that. But then also there's a second component though. There's a second component. And that is with cars, and think of how you would change driving. If you don't have to change, if you don't have to drive there, say you have like a desk in the back, or you can do something productive, and still show up where you want to go, then you don't have the component of travel time, because that can then be incorporated into doing whatever you do in anything
Starting point is 01:52:26 So essentially how we move around would completely change in that case because now a four-hour drive is you Watching a movie for four hours and you get up you get out of the car and you're somewhere else Or you got Wi-Fi and you're working exactly. You got your laptop going in my opinion. You're your Little narrative there about like I love driving is gonna be you know a few decades from now the equivalent of someone saying Oh, I just love horseback riding. I love it. I got a horse. I love it It's my favorite like I think that's where we're going like there's eventually you're so there's gonna be every car It's gonna be dry look it's gonna limit accidents It will mitigate it will mitigate traffic.
Starting point is 01:53:07 All that everyone's going to be on the same page and you can just do what you want to do. Okay. That driver who's driving slow in the fast lane, that one exists. That's how every day to work. Florida people, I don't understand. Slower drivers. Why are semi-driving in the far left lane? Like, I don't get it.
Starting point is 01:53:22 But you're in the wild west here. You're in Florida. No, by the way, honestly, no joke. Terrible drivers here. What I don't get it, but you're in the wild west here. You're in Florida. No, by the way Honestly, no joke terrible drivers I don't know what they're doing like there's why there's In the far left lane. There's you know, I put out the top California, Texas or that or or or Lanus bad New York California best drivers California, Texas or Florida. Who the best drivers?
Starting point is 01:53:43 California. I say California. Yeah, hands down. Florida's the worst hands down. Well, we got eight year olds We got people who just showed up in this country like I don't know where and they don't know what's going on You got tourists you got your pants. Why do you have to do the other side of the story? I'm so prejudiced with people that show up out of another country I like I like your your tan brown skin. You're great. I get in me. Oh, I do great on you But here's the question to for you Pat because I know we're gonna wrap up here Seriously, how many tickets? Accidents incidents have you been in the last handful years and how many cops say oh mr.
Starting point is 01:54:14 Beddave to see you again. How often is that ever? That's a lot. Okay. It's a lot. Okay, so imagine if that was zero But I get a chance to meet a cop and we talk Good But I get a chance to meet a cop and we talk. Forget that conversation too. So, the relationship should be... I'm good. How you doing, Officer? I'm good. I'm good. You've been stealing the joke.
Starting point is 01:54:30 Show them, Adam. It's called networking. Show them, Patrick's future in politics. Yes. Okay. If I'm dry, I'm... How do you spin something like that? No, I'm good.
Starting point is 01:54:39 Can I go to meet a great cop? I like having a neutral relationship with cops. I don't want to talk to you. You don't need to talk to me. I get it. I'm not going to have an agent you you to have a non-neutral relationship with a woman who can procreate. I have a lot of non-neutral relations.
Starting point is 01:54:49 I'm gonna post me over. He caught me racing in a 06, and I was racing a motorcycle. Oops. So I'm on the left. And by the way, Jennifer's in my car. So I'm on the left. He's over here.
Starting point is 01:54:59 Okay, the bike. And I said, you wanna go? He said, let's go. And I'm in victory, a lot of all the places. So I'm thinking, no cops. I'm gonna be safe. So he says, ready? He says, let's go. We go. Takes off. I'm going to 135 miles an hour. Cop pulls me over. I'm like, get there. And this is like reckless driving at the highest level. You're going to jail. You're going to jail.
Starting point is 01:55:18 Jennifer's like, I told, babe, I told you, I told you, like, and so cop comes up I said he says do you know I pulled you over I said yeah because I beat you you can just he starts cracking up he starts laughing I said I said I beat you you can't get the only reason you can't because of red light so what the hell is a matter with you says you realize that's reckless job and I said listen can you let me go I don't do this often he says based on your record, you do. I said, yeah, let me go. Exactly. He says, you know what, forget about it. You're crazy as guy I've met. Go.
Starting point is 01:55:49 You let you go. Didn't you give me tickets? Let's just say. Let's just give me that. Officer Jones, wherever you are, shout out to him, Victor. You're amazing. Now I gotta tell you. Jones, come out the floor.
Starting point is 01:55:59 But you're not allowed to. By the way, for by the way, to this drop. Zero six, zero six, going up against the bike. Guess what the bike did? Destroy the zero six, zero six going up against the bike. Guess what the bike did? Destroy the zero six. What kind of bike? It's a jigsaw. Destroy the zero six.
Starting point is 01:56:11 Destroy the zero six. You want to know where I'm at with this? I have zero clue what a zero six is, a jigsaw, nothing. My Uber would have, my Uber would have become a last place. Okay. Do you know, can I ask you a question? Go to Adam. Yes, ma'am. Women like men who understand cars. Okay. Do you know, can I ask you a question? Go to Adam. Yes, ma'am.
Starting point is 01:56:25 Women like men who understand cars. Okay. So start studying. That's true. But he knows bicycles. Oh, God. That's hot. Get up my hand, my hand, my baby.
Starting point is 01:56:35 Who needs wine when you've got bicycles? You've got a big truck. I'm gonna stick my bike in it. But what? Did you just say that out loud? That's a 40-year-old virgin reference. That's a movie. By the way, so you and Cu that out loud? That's a 40 year old virgin reference. The movie. By the way, so you and Cuomo wouldn't be too far off
Starting point is 01:56:49 if you were his age. That's my guy. You may as well call you Adam Cuomo, you know? Let's not start that. Let's just stick with the soy, but. Okay, here's a trivia question for you. I'm with Pat. We show up LA, land, LAX, boom.
Starting point is 01:57:02 We get a car. It's waiting there for this guy. Like the prince arrived who show up Bentley sitting there me you and Tiko Boom, we're hanging all right. I'm in I'm in he's like Adam Welp in the my world, right? You know, I'm like all right I'm in LA. I'm on the 405 rain new maybe a couple hundred miles on this Bentley $400,000 new Bentley that's driving Danny. Let's get Danny Majeed. Thank you, Danny. Go ahead. Thank you, Danny. Pat says, let's test this bad boy out.
Starting point is 01:57:29 How fast? This is the 405. Is that the... 405. This is the freeway. But it's called with 405. Okay, whatever that means. That means there's not a lot of traffic.
Starting point is 01:57:38 Okay, there was traffic galore. Okay, go ahead. Go ahead. Tell your story. I don't want to mess this up. Tell your point. What's your point? Passage driving, pushers the Bentley. How fast?
Starting point is 01:57:48 But I asked you question first. He goes, what's the fastest you've ever got? I said, what's the fastest you've ever been in a car? Yeah. That's courtesy. Yeah, I don't know. I give you the courtesy and you said, what? I'm like maybe 105, maybe 110.
Starting point is 01:57:59 I said, how about we make history together? Yes, yeah. Then I asked the question, he said, sure. So you gave permission for us to make history together and then what happened? Yeah, yeah, yeah. There was consent there. I was quomo. That's where I'm going with it.
Starting point is 01:58:12 How many times have you said to a woman? Let's make history. Well played, sir. Well played. How fast, Danielle. Do you think Mr. Bed David took the belly on the 405? A buck 40. A buck 40? You took the under. Can I reveal it? You want to just show you know for all the officers that are listening to this? This is pure speculation. He's assuming
Starting point is 01:58:36 this is where we went. So tell me what you saw. He hit 150, 155. I was close. And that wasn't enough for him, Danielle. So he said, let's do it again. The remix, we hit 165 miles per hour. What did it feel like? It felt like we were driving, I can't drive 165. It felt like we were going 70. We were passing cars into freeway
Starting point is 01:58:58 as if you go in 100 miles an hour in their park. 165 miles per hour. So now you know, when I say, Pat, maybe you need a driver. Pat, maybe you need a, you need to call our good friend friend of the show Elon Musk. And maybe you know what's crazy with a driverless car. And what do I drive today?
Starting point is 01:59:16 I drive a big ass Shelby truck that I go around if I hit curbs and you feel nothing. But you're a rear view mirror. Your side view mirror. Somebody hit it. I wasn't in the car. Somebody hit it and ran off. I chased him down, but he's still in.
Starting point is 01:59:30 I'm going somebody hit your tire. The guy hits my tire. Do you remember the picture that car what happened that they hit my tire on a turn? They accidentally hit my, their entire side was trashed. And I'm looking at it. I'm like, what the hell happened to the car?
Starting point is 01:59:43 Nothing. Just scratches on the tire. They just felt me truck destroyed the car. You know what a Shelby is? Yes. Because women like guys who know about cars. I don't know about that. I heard a thing or two.
Starting point is 01:59:55 We go to, and then you got the SUV and then you messed up the tire. I bought the escalate. First time I drive it, I tore the tire. First time. First time. escalate. First time I drive it, I toured it entire. First time. First time. Yeah, 10 miles. The car, passing.
Starting point is 02:00:09 Well, first of all, here when you drive, it's very, if you think about it when you drive in trucks, it's not a good idea to drive trucks. Every time I come up, I'm like, you know what? I'm, every time I'm hitting the side. But can we avoid talking about my driving abilities and speed limit? I'm gonna make a point here about your show.
Starting point is 02:00:26 There's a point. There's a point. Hit it. Hit it. Daniel, what do you drive by the way? I drive a big ass escalade. Big ass escalade. The right one to drive.
Starting point is 02:00:35 A B A E. We go to lunch and this is in Miami. And we leave the cars raining. We dropped the cars off. Oh, no, I'm sorry. Pat says, we dropped the kids off. I said, all right, let me, let me go deal with the valet. I'm gonna jump out.
Starting point is 02:00:51 We're draining, I'm gonna go to the restaurant. The valet guy. I don't know nothing about cars. It's like, dude, the show me, what's up? I'm like, yeah, all right, cool, buddy. Take the keys to the truck. We come back out. He goes, I gotta tell ya.
Starting point is 02:01:04 This is the valet guy. He goes, I gotta tell you. This is the valet guy. He goes, I drive Lamborghini's, I drive Ferrari's, but the Shelby, my number one vehicle, I was like, really? The truck, but this Shelby, I guess is a big deal. Man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, man, looking at ridiculous cars down in Miami, and the guy was super impressed with the Shelby. This is Paganis and Bugatti, so we're looking at real cars.
Starting point is 02:01:27 Yes, cars, cars, cars. But the Shelby was like the talk of them. Don't make 500 of them. They don't make that many of them. So, you know, 700 or 700 horsepower, yeah. They have cars for dummies. It's like a whole book you can read to this. Yeah, I know.
Starting point is 02:01:38 And you can procreate. So, as a pro-creation, goes through. Yes, my question to you, Danielle is. He's gonna make history. Is my ability to broker what happened to today's buy? It's tied to the ability to have a car payment. Is that what's going on?
Starting point is 02:01:55 No, no, no, no, you've got to, you've got to. Money you have, this is not my... Here's your future line. I buy my car's cash. Okay, you could. I could do that. You could. If you do that. You could. If you were to buy one, would you still do a Range Rover deal?
Starting point is 02:02:08 Or maybe that E500 you saw? Like an E-Class. I did like a nice Mercedes. E-Class Mercedes. That could be dope. Go for the V12. 50 grand, what? V12?
Starting point is 02:02:18 Yeah, go for it. I don't see you as a Lexus guy. Don't do Lexus. You know what's crazy is I actually bought my ex-Alexis. That's the only car. That rhymes actually. Yeah, I feel like I'm I'm just a guy. You think I'm the Tesla kind of guy. Yeah, by the way, by the way, I actually see my yeah, that's how it's got you know, what else I really see him in no joke no joke. I see him in a nice 9 11. I see him in a night. I think it's a 9 11. Oh my gosh. That's what I'm for. Focus 9 11. I see him in a night. I think it's a 9-11. Oh my gosh. Stop. That's what a poor focus 9-11. I love a poor focus.
Starting point is 02:02:48 I didn't. Did you really say you don't know what honestly you don't know what a 9-11? Is that a poor ass? Is that a poor ass? Ladies, please keep this to date spot guy. Skip today's podcast. Okay. What's a 9-11? Listen. Okay. You want to talk about getting laid? Let me tell you something. He's going to make history. He's going to make history. Listen, okay, you want to talk about getting laid. Let me tell you something He's gonna make history. He's gonna make history I would live in South when I live in South Beach. I had a sick apartment in the marquee okay and Loft amazing like my friend called it a,
Starting point is 02:03:25 a Bajo Panty party, a Bajo Panty, like a panty drop apartment. So you go out in South Beach, you meet girls, whatever, you take an Uber back to your place, they don't give two shits about what kind of call your job they're in your apartment.
Starting point is 02:03:37 It's great. That's my point. Like you never have to, like, bro, I'm just telling you, I just wanna think, I don't think anybody, disputing your track record with how well of a prospector you are, we've all witnessed it, you know, how well you are, this approach is so great,
Starting point is 02:03:57 this is Adam, he goes to place, hey ladies, I have some friends here, how are you, good, I'm watching you, let me introduce you, yeah, basic script, he just goes, for my friends here, How are you? Good. I'm watching you. Let me introduce you. Yeah. Basic script. He just goes from my friends here.
Starting point is 02:04:08 Yeah. Except for Paul. I've not been the recipient of any of Adams. I think the great one. I'm taking bullets bombs. A pun. You're a non-want for Paul. A good, I'm trying.
Starting point is 02:04:17 I'm trying. Oh my God. I tried to help Paul out. Stop. It's like you can't help the unhelpable. You can't help. I tell you the one story I told about Paul. I I'm just moved to Dallas we're going to a bar and I have no clue we're going. So who do I want to ask any nice local lady?
Starting point is 02:04:33 Hey ladies like what are we on the right direction to the good part of town like After one to two girls will be speak to Paul's like I have the GPS right here Why keep asking all these girls? Go go go after one or two girls will be speak to pause like I have the GPS right here Why keep asking all these girls? Literally like five-year Direction like I can't really couldn't deal with that These pretty girls for directions I have the GPS Like what are you doing bro? I don't like looking clueless, though. Play dumb.
Starting point is 02:05:08 Girls like intelligent people too. Yeah, that's working out well for you guys. Yeah, that's fine. I do. Okay. Shout out to my ladies out there. We're thinking of these drives. Hey, you don't drive a car, and he drives a stick ship car.
Starting point is 02:05:24 Yeah. So he's, he couldn't be further apart right now. Zero cars, stick ship. Put in a lot of work. But technically speaking, he knows how to drive. Yeah, that's true. So do you, honestly, do you now know what a 9-11 is? I think it's a Porsche.
Starting point is 02:05:37 Would you, it is a Porsche. Yeah, I'm not a Porsche guy. At all. Too small. Have you sat in one? Have I ever been on a Porsche? Yeah. Have you driven one? No. How did we get here, by the way?
Starting point is 02:05:48 Clearly. I tell you. I tell you. I tell you. I think you would just go to sit in one one time. All right. Just go to sit in one one. You know what? Why don't you rent a Porsche for a day? It's like 500 bucks, 400 bucks. Just to drive a Porsche. Just to get a feel on what it feels like. I see you in a Porsche or test. Just expense it to value payment.
Starting point is 02:06:03 Yeah. Don't I just don't see I just don't see a Lex. By the way, last thing here, Barack Obama Bruce Springsteen started podcasts. Yeah. Together. A president and a rock star startup podcast. It's going to be called Renegades Born in the USA. It's part of a multi-partnership with Spotify,
Starting point is 02:06:20 Brock and Michelle Obama's production company, Higher Ground. Spotify's deal with Higher Ground announced June, in June of 2019 was one that's earlier big bets on the podcast industry, earlier the same year, Spotify, Quart, podcast studio, Gimlet, Me, yeah, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no that is a lot of them also just got five dollars for a portion of it. Yeah. You're gonna see me. 100 million.
Starting point is 02:06:46 You mean me just doing it. That's a doubt. That's a doubt. That's a doubt. That's a doubt. We need a rental. That is $6,000. If you guys get up and put it up, I'm gonna go and run it.
Starting point is 02:06:56 We just need $495 more for the rental. This is one day. That's right. We only need $495 for the rental. My tenors will support it. But Bruce Springstamp. We're meet 495 for the rental. Viotiners will support it, but Bruce Springstin. We're going to start a go for me for Adam. Can I get from 8.5 to 8.2?
Starting point is 02:07:10 To a potential 9.2 with the Porsche? 9.4. No, no, no, you pull up in a Porsche. 9.4 does not round up to 10 if what? 9.4, you pull up with a Porsche. You get in close to a dime. Absolutely. Wow, this is what's happening?
Starting point is 02:07:22 Yes. So it's a very, very, very, very. Yes. So now Barack Obama Bruce Springsteen, how good is it going to do? Okay. Number one, that's potentially going to be the number one podcast in the planet, other than ours. Okay. Clearly, especially when we talk about the car sale. Nine eleven. You have, you have, I get think there's two parts of the story here. And then I'm going to turn it over to the lovely Danielle D. Martino Booth. Renegades born in the USA. You don't think that's like a, birther joke like, come on, Trump born in the USA. Two-term president.
Starting point is 02:07:53 Really? Don't think they're going there. Well, I think that's exactly where they go. Number one, Bruce Springsteen's greatest hit is arguably born in the USA. And born in a USA, Springsteen one time, Trump was playing it. He said, I don't want you to play that song. Exactly. There's a shot here at Trump, by the way. There's a hundred percent of shot here at Trump. Oh, yeah. I see. I'm saying. Absolutely. That's exactly what I'm saying. Trump obviously rose to power through birth, to reserve on the birth, to reserve
Starting point is 02:08:16 thing. Born in the USA, renegades. So I think he's going right at Trump and don't, don't think that, yeah, obviously we talked about governors being competitive and to become president, you need to be competitive. I'm sure presidents are the most competitive and if Trump and Obama are ever in a room together, you know Obama is going to be like two terms, baby. Two terms, born in the USA, fist bump, I'm out, drop the mic, you've seen him walk a mile to the mic. I'm just think that's where he's at with that.
Starting point is 02:08:44 Do you think it's gonna do good? Oh? Gosh, I mean who doesn't love Bruce Springsteen I'm sorry. Is somebody else involved this guy name Brock Hussein Obama. Oh, sorry. Yes. I'm sure he'll be a nice a Cutrim old is it a formal he's the side dish to Bruce Lee's brings things main dish. Oh, no. But who's gonna have better stories? I think Obama's the, I mean, he's gonna, I think Obama, he take off your politics hat and you know,
Starting point is 02:09:13 maybe he inhales once or twice in his life. I don't know, you know, I'm speculating. Wings or twice. That's what I'm saying. Like these days, let's his hair down, maybe puts a little afro sheen in that thing. I think he can have a great set of stories. I think it could be really fun.
Starting point is 02:09:29 So, so then the question becomes the following. What? Okay. I'm going to throw something out there for you. He had me at afro sheen. Wait, but but here we are. So, so by the way, coming to America too is coming out this weekend, speaking of soul glow and afro sheen.
Starting point is 02:09:42 Okay. So, so renegades born in the USA, Obama and Springsteen. Yes. Say a year from now, another podcast gets started. Yeah. Trump and Kid Rock. Who wins? Wow. That would actually be Trump and Kid Rock podcast. Or Obama and you know what I'd love to see? I would love Trump and Kid Rock or somebody like that to start a podcast. Kid Rock is pretty loud as well. So if they started it together and they have it to see how competitive these two parties are. Eminem hates Trump.
Starting point is 02:10:12 But but but if Kid Rock, I think it's a fan. But if Kid Rock and Trump did it, Obama and Bruce do it. Who wins? Hmm. Actually, who wins? What do you think? I actually think Trump would win. You think Trump would win? I think listen, as much as I'm not a fan of Trump
Starting point is 02:10:28 People are two in an end of that said what that monster house more than Obama Yes, okay, yeah, I agree with us, but there's one reason why I think Trump would say more kind of outlandish things Which is what you often want? Obama what do you think you have me here? Listen, to make history, baby. Howard Stern said it and said it best. People that love Howard Stern, listen for an hour. Why? Because they wanna hear what he says next.
Starting point is 02:10:55 People that hate Howard Stern, listen for an hour and a half. Why? Because they wanna hear what he has to say next. You know, you said it earlier in the show, media ratings are down because Trump's not around. People wanna hear what he has to say next. It's outlandish, it's ridiculous, it's divisive, it's racist, what everyone to call it.
Starting point is 02:11:14 If it blades leads. They wanna hear what it has to say. Let me tell you, do you think there's any chance he starts a podcast? I think, Kai, turn off your mic. Do you think there's any chance he starts a podcast? I think with Trump, Kai turn off your mic. Do you think there's any chance he starts a podcast? I think with Trump, there's a chance for anything. Okay.
Starting point is 02:11:28 An insurrection podcast? Who knows? It's all on the cards. Okay. So that is the end of today's podcast. When is our next one, next one gang? When is it? We're back.
Starting point is 02:11:39 Next Tuesday. Okay, so next Tuesday we're back on the podcast here, Danielle. It's been a pleasure having you. Great to be here. We are looking forward to the next time I know you got some things you're doing here the next couple days. Adam's got an interview that's going to be coming out with Danielle. Yes.
Starting point is 02:11:55 That should come out on the next week, so stay tuned for that. But everybody that tuned in if you enjoyed it, smash that subscribe button and have a wonderful rest of your day and weekend. Take care everybody. Bye-bye. Ciao. smash that subscribe button and have a wonderful rest of your day and weekend. Take
Starting point is 02:12:08 everybody. Bye bye.

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