PBD Podcast - Tim Walz Probed, Costco SUES Trump, Beckham's $100M Problem + Mamdani Protests Starbucks | PBD Podcast | Ep. 694

Episode Date: December 3, 2025

Patrick Bet-David, Tom Ellsworth and Brandon Aceto are joined by  @eurodollaruniversity 's Jeff Snider as they break down Governor Tim Walz being probed over the Minneapolis fraud scandal, Costco suing Donald Trump over tariff refunds, Odell Beckham’s $100 million problem, and Zohran Mamdani & Bernie Sanders leading protests against Starbucks.------📕 REGISTER FOR BPW: https://bit.ly/3IU2YWx📺 SUBSCRIBE TO  @eurodollaruniversity : https://bit.ly/4i5uz3WⓂ️ CONNECT ON MINNECT: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4kSVkso⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ⓜ️ PBD PODCAST CIRCLES: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4mAWQAP⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🎙️ FOLLOW THE PODCAST ON SPOTIFY: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4g57zR2⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🎙️ FOLLOW THE PODCAST ON ITUNES: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4g1bXAh⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🎙️ FOLLOW THE PODCAST ON ALL PLATFORMS: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4eXQl6A⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🥃 BOARDROOM CIGAR LOUNGE: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4pzLEXj⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🍋 ZEST IT FORWARD: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4kJ71lc ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠📕 PBD'S BOOK "THE ACADEMY": ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/41rtEV4⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠👔 BET-DAVID CONSULTING: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4lzQph2 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠📺 JOIN THE CHANNEL: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bit.ly/4g5C6Or⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! ABOUT US:Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Did you ever think you would make it? I said I'm supposed to take sweet victory. I know this life's meant for me. Adam, what's your point? The future looks bright. My handshake is better than anything I ever size. Right here. You are a 101?

My son's right there. I don't think I've ever said this before. All right, gang. Hope you had a good last couple days. we got the business podcast Wednesday. We've got a lot of things to talk about. I got a special message for Reds Carlton, Fort Lauderdale, that I will share with you guys here momentarily.

We had an interesting day yesterday. And it tells me about the history of Ritz Carlton, how big of a fan I've been, and how disappointed I am with the product of Ritz Carlton lately. Maybe I'm alone. Maybe it's just me. Maybe I'm the crazy one. Maybe you guys are on the same side.

Who knows? We will definitely talk about that. And this is coming from a guy that's a big fan of their service. Because, Rob, was it last year? We brought Rich Carlton here to train all our executive team. This year. This year was when we brought them.

Earlier this when we brought him in. Spring. Yeah. And anyways, we'll get into that. It's a whole different story. Well, we got Jeff Snyder back here on the podcast. Long drive. He flew all the way from Singapore to be here.

It was a 40-minute flight that he had, some call her to drive. But it is what it is. It's good to have you back on. The audience loved you last time. And we have Tom and Brandon. Again, I'm the guy in the middle with the guys at 150 IQ sitting around me. And we're going to try to get smarter. today, folks. So, few things. Number one, if you're thinking about going to a place that's a

business-friendly place to move to, maybe don't consider going to Minnesota. It may not be the most business-friendly place to go to. We'll talk a little bit about Minnesota today. A few things with what's going on. Tariffs have surprising effect on unemployment inflation patterns. Federal analysis reveals Northwestern to pay $75 million in federal civil rights deal after anti-Semitism probe. Tom's got some stuff to talk about that. Trump's administration, new SNAP requirements, take effect for food stamp recipients.

They're changing the game for people that are getting SNAP. Some may or may not like it. We'll see as we go through it. UK and US agree zero tariff deal on pharmaceuticals. Gen Z shoppers aren't spending like retailers. Need them to, according to Wall Street Journal. The 10 fastest growing jobs of the next decade, according to BLS, many can pay six figures.

We'll get into it. BVe warns of a new credit risk with gambling prediction markets. Starbucks strikes enters third week, deadlocked with both sides, holding firm. We'll see how that ends. Few international students are enrolling at U.S. colleges, which could possibly cost a country a billion dollars. Where do Fed voters stand on December rate cuts? We'll talk about that. Black Friday, online spending.

hits record 11.8 billion. Palantir has its worst two years as AI stocks sell off. This is according to the worst month in two years as AI stocks sell off. This is according to CNBC. Silver hits record highs in 2025. Here's why the devil's metal could have further to run Elon's Asia problem. Tesla sales in China hit three or low. Inside Florida's next chapter, C.O. predicts

massive expansion as wealth surges into the state. Unemployment applications dropped to seven-month low last week. And we got a couple other things talking about data centers, but also yesterday a few things happened. Michael and Susan Dell put $250 that they want to give to 25 million children's accounts. And they're encouraging other people to join them on this thing. There was a bunch of people that talked about it yesterday. I think Rob just told me that Cory Booker is actually supportive of this. They're trying to encourage other billionaires to want to jump in and contribute and give money to kids. We'll see what happened there.

At the same time, Costco is not too happy with the president. They're soon the U.S. government over tariff refunds ahead of Supreme Court. Ruling Calci raised a billion dollars at $11 billion valuation, doubling value in under two months. And then we've got a couple of things. We'll talk about Putin, said some comments yesterday about what he's ready to do if they decide to play ball. And he's talking specifically about Europe. But we'll get into that here in a minute. I think it's important to talk about it.

And then we'll talk about also what's going on with Minnesota. And a couple of comments made by Pete Hex said if we get the time to our group here, we're going to get through answers quickly, which means we'll be able to do a lot of stories today. There's this fellow who's not on the podcast today who gives 17-minute answers. So we're not able to do too many stories. Some of you guys don't know who I'm talking about, but he's not here with us today. Michael Saylor is not here? No, Michael Saylor gives 45-minute answers.

Michael, we love you. I can literally come to a podcast with Michael, ask a question, walk out for 45 minutes, go take a nap, come back, ask the next question. Michael's still going. And his value audience will love it. Grablo, he's phenomenal. He's phenomenal. He's brilliant. And I don't know if you saw what happened with him and Chase.

Did you see what Chase, the stories that came out about Chase trying to hurt Michael Saylor's micro strategy? Did you hear about that story? Have you followed that story closely? Not a lot. There's a lot of people that come after Michael. Michael seems to get in his bunker and get his way. Well, they're trying to hurt him with a margin calls, almost a, if you can type that in, yeah, J.P. Morgan boycotts calls after micro strategy. I'm saying, there's something going on here between.

them. This happened last week. Maybe we'll get into it. Jeff, you look like you have some thoughts on this. Yeah, I mean, there's a lot of trouble with the strategy leveraging up on Bitcoin. All right. We'll get into that. We'll get into that. I want to hear your thoughts on it. All right, gang, before we get into all the stories that we got here today with you, New Year's is around the corner. 2026 is going to be here like this. And for us, we had our off-site meeting yesterday at Ritz-Foura-da, which I'll tell you later on. But every year, before we get into a new year, we have a long strategy session. Yesterday started at 7.30. We ended at 845. The best meeting ever. We've never had a meeting where this

many strategies was shared and the plans of what we're doing going into 2026 with all our nine business units. But the question is, for you going into 2026, how ready you are, a lot of people asking said, hey, how did this whole thing get started, this whole YouTube thing? Was it accidental? Was it intentional? Was there a strategy behind it? I want you to watch this video and then you'll see what I'm talking about in regards to December 12. Go ahead, Rob. So in 2013, we started a YouTube channel called Valuetainment. In the first year, Vali Timmons got 167,000 views. That's it.

And we were ecstatic. The next 10 years total, we got 491 million views in 10 years. You know how many we got last year? A billion views. You know how many we got last quarter? Last quarter alone, all social media and our YouTube channels combined. YouTube is 700 million. Social is 900 million.

combined nearly 1.6 billion just last quarter. Why? Because every single year we would plan for the following year. And I would watch everybody as well, you know, I don't need this. Every year we would pay to see how we can make our YouTube channel tighter data stats, all of that. If you're watching this, he said, man, I want to be able to plan for next year as well. Fantastic. December 12th, I do an event. Every year called a business planning workshop. If you haven't yet registered, click on a link below, registered, I'm going to share with you our numbers, what we're going to be doing, and you'll be able to apply it for your business plan as well. I look forward to seeing you there. There you go. Everything comes out to a plan. If you haven't yet registered December 12th,

go to the link below, get registered. Let's spend an entire day together. People from around the world are going to be on. There's going to be tens of thousands of people on. Companies are sitting and watching the whole thing with their employees and their sales team. Go to BPW.bidavit Consulting.com to register or click on the link. below having said that let's get right into it i think that the story the first story i want to start off with rob is minnesota because of what happened with tim waltz let's just start off with that and get that knocked out of the way and we'll get into all the business stories afterwards so the story came out last week a few days ago about a billion plus dollars of what happened in minnesota

under tim waltz where they're trying to find where this money went to and a lot of people were silenced a lot of whistleblowers were silenced a lot of people got in trouble for even commenting about it, eventually got to a point where people were sick of it. They're like, no, no, no, we have to talk about it. It got pretty nasty. Now, Comer is targeting Waltz and his new house investigation, citing a billion dollars in alleged Minnesota fraud. Christine Nome comes out and says 50% of Minnesota's visas are fraudulent, and there's a couple

things that happen. I just want to share this with you, and I want to get some of the guys' thoughts here from the business perspective. Rob, which clip is this one here? This is just the local news in Minnesota covering the investigation in the Tim Walls. Okay, go for it. Could some of the money stolen in one of Minnesota's fraud cases have gone to a terrorist group? That's what the federal government is now investigating.

U.S. Treasury Secretary Scott Besant blames Minnesota Governor Tim Walz and the Biden administration, saying they are investigating allegations that hardworking Minnesotans tax dollars may have been diverted to the terrorist organization Al-Shabab. Republican members of the Minnesota delegation called on the U.S. attorney, to investigate those allegations late last month. President Donald Trump has repeatedly blamed Governor Walls and Minnesota's Somali community for fraud and crimes in the state. Okay, so that's that clip. Now, Rob, if you can go to Christy Knoem, what she's talking about with the visas,

because there's just a lot of stuff that's going on over here. This video was dropped yesterday. Go forward, Rob. You told me to look into Minnesota and their fraud on visas and their programs. 50% of them are fraud. which means that that wacko governor walls either is an idiot or he did it on purpose and I think he's bold sir he brought people in there illegally that never should have been in this country said they were somebody that they're not they said they were married to somebody who was their brother or somebody

else fraudulent visa applications signed up for government programs took hundreds of billions of dollars from the taxpayers, and we're going to remove them, and we're going to get our money back. Okay, so, Jeff, when you're hearing what's going on with Minnesota, I don't know how close you're following. What are your thoughts on what's going on there? I think there's a, you know, people have a fundamental reaction to what's going on there, and it's, you know, the idea for the American dream or the American, you work hard, you do your own thing, you get ahead that way. Yep.

And so we have this fundamental reaction to stories like this where people are basically stealing. I mean, the fact that it might have been funneled to terrorism just adds in another layer to this whole thing, another disgusting layer to everything else. But it's a symptom of what I think a lot of people have come to just expect. The bigger government gets, the more people have their handout. And was anybody really surprised by this? When the news came out, it's like, yeah, I guess, I mean, that sounds, it's horrible, it's not great, but. I don't know if it's a surprise part. I think will there be accountability part? That's what I mean. People have gotten to a point where we just expect it because there never is accountability. People, you know, they're

stealing from the government all the time. And what we hear about it, it. Maybe once in a while somebody gets fired or, you know, they have to go on vacation for a couple weeks. You never hear somebody going to jail for it. There's no deterrence. And it gets back to the idea of the Uniparty. Everybody's protecting their own because everybody's using the government as some kind of payoff scheme. You know, we have to pay off a constituency. We have to pay off somebody over here. And everybody wants to do it. So we just use the government piggy bank to just channel funds wherever. There's never accountability because it's too convenient. Tom, what do you think? Well, here's what I think. First of all, if you think that the fraud in Minnesota is big

numbers that are kind of eye-watering, just wait until you see the same sort of visa fraud, snap fraud, and Medicare fraud, and welfare fraud that's in California, it will make the numbers in Minnesota look like a child's allowance. We're still trying to figure out what the COVID fraud was. I mean, the numbers for that. Thank you very much. Yeah. Exactly. It's where you start. So in Minnesota, there's two sides to it that I see. Side number one, Democrats try to get what they believe is good use of government funds to give welfare to these people, voting blocks. So they feel they're giving it to voting blocks. Now, there's half of the Dems that then turn a blind eye because they know exactly what's going.

It's remittances. And when you just see remittances is a code word for exported money, when you see that how much did the Smalley community go to bed? banks that we can track transactions, Pat, and send money overseas remittances. It goes to al-Shabaab. You can also see, if you study, what are the size of remittances? You know what we could do, Rob, just real quick, go ask for how big are the remittances annually from California to Mexico? So that'll give you, so you can look at these.

The size of small countries. You can look at these two numbers side by side, and not all those remittances going from California and Mexico are fraud. Some people have jobs and are trying to send money home to their mom and dad. They were living in, you know, cartel-controlled, horrible, you know, Pueblos in Mexico. So in Minnesota, the question will be they'll put it to a stop, but will anyone get arrested. What people wanted during the election, and the reason that Trump right now, Pat, is minus 20 points with independence. Approval rating today.

You ask them, and one of the things they talk about is affordability, we'll get to that later. But they say, who's going to get arrested for this stuff? Who's going to get prosecuted this stuff? And right now, first you have to stop it, but you have one side of the Dems that allows it to keep going because they see it as a welfare program. They know the cheating is going on, and they just see it as means of people that are, you know,

getting money to live. And then on the other side, you have Dems that know damn well that it's going out in remittances, but maybe they didn't know it was al-Shabaab. But when it all hits the fan right now, this is where the Dems run for cover. but this is one of the things that the president ran on. I'm going to stop the fraud.

I'm going to drain the swamp, and somebody's got to get arrested. The American people want somebody to get arrested. They want exactly what Christine Ome said, and they want it backed up with handcuffs. Well, if they want to get support from the independents, they have no choice but doing that. Because when you look at what just happened, Rob, do you have the clip of this fellow who went and met somebody

at 15 years old on Snapchat, and then it takes a girl into a place, rapes her, and then is let go of this entire incident that took place. Go ahead and play this clip. Watch us, folks. Very disturbing when you watch this on why people are upset with what's going on, Minnesota. Go ahead, Rob.

...out on probation for sexual assault is charged once again. This time, prosecutors say he picked up a woman he met on Snapchat and raped her at a hotel in Bloomington. Prosecutors once called this man an extreme public safety risk, but he never spent a day in prison for his previous crimes. Box 9's Mike Manzoni, joining us from our newsroom now, and Mike Prosecutor signed off on plea deals in these previous cases. Kelsey and Reddy, a judge sentenced the Minneapolis man in those cases back in May,

but he got credit for time served, so he never went to prison. It was all part of a peer of plea deals. This is the man we're talking about. His name is Abde Mahat, Billy Muhammad. But prosecutors say the 28-year-old uses the names Karim and Altesto on Snapchat. chat. And that is where investigators say he met his latest victim as well as his two previous ones. Prosecutors say he picked up his most recent victim in Mancato back in September and drove her to a hotel near the Mall of America where he took her phone, told her she wasn't

leaving, raped her and held her against her will for days. That's according to prosecutors. Investigators used DNA to identify Muhammad as the suspect. His profile was already in the database from previous cases involving sexual assaults in Minneapolis in 2017 and another one in 2024. A Hedeman County judge sentenced Muhammad in May in those cases, including one involving a 15-year-old girl. Prosecutors say two other unidentified men took part in that assault and one threatened the victim with a gun. But Muhammad never spent a day in prison as we said because he got credit for time served all the waiting trial. So you wonder why people are furious. Tom, you're making a point about why independence, you know, where they're at would minus on certain areas, support for the president.

They want accountability. People want to say what the hell happens to a guy like this. And by the way, Rob, you had one of the charts that you had up a minute ago, which was phenomenal, showing who's getting entitlement benefits. Check this out. This is family receiving welfare. So purple is illegal-headed households. Red is legal immigrants. Blue is U.S. born-headed households.

The people we want to give the welfare to, citizens. And when you look at this, cash, go with a food, look at what food looks like, illegal, 48%. Legal, 38. That becomes what? That's 82%. Whatever that number is, massive percentage of it is those two. Then you have the Americans, any welfare, illegal, legal, and then you have the U.S. born.

People see numbers like this. They're like, what am I doing my taxpayer? Why am I paying taxes? To support who? to support people. I ran a poll the other day, Rob, if you want to go to this poll, just to see what the audience was going to say. Is it going to be, look at this poll here.

Should illegal immigrants get SNAP, Medicaid, and welfare that U.S. taxpayers fund? Look at the percentage. It's not even like people, you should read the comment section. Like, what kind of a dumb question is this to ask? Exactly. It's crazy that you have to ask dumb question for the world to see that 92.4% says, this is a terrible idea, but it's happening in America. Brandon, what are you at with this?

Yeah, so a lot of things here. I mean, I'm going to go to kind of a weird place with this, and I've been feeling for a while. You're already in a weird place. Yeah, I know. I think that it's always bad when you have a politician who doesn't come from a position of strength financially because I think the best and most refreshing thing about Trump is that he was able to go in and boldly say whatever he wants to

without really being worried about the financial consequences for his campaign. and like whenever you're leaning on your political position as like a like your source of income or your way of life you're like you're kind of captive to what the people who helped you get into power want you to do so like the people like Tim Walts you know the potential for corruption or doing things with money like the funding money that you shouldn't do is um like it's obviously much higher than somebody who comes in there with money who's like uh just thinking about what's best for the people So I don't know, I think that there's something to be said or considered for, like, people who go into politics should come from means or should come from means financially. Because, yeah, I don't think the people who can't run their own lives or, like, haven't shown they could run their own lives while or are going to, like, run the country well. And then, yeah, that goes into, like, all the other stuff.

And, by the way, if you think about how it was in America in the first place, you didn't just do politics full time. Right. It was a form of service. make your money take care of your family then get into politics give back to the country that gave you your mayors didn't get paid salaries people were not getting paid salaries

it was like I'm doing this because I'm giving back to the country that gave me what I now people are going in as a business model of how to create wealth and that becomes a problem Jeff you look like you want to say something about this no I think that's fundamentally the issue here is that government has become a business

right it used to be a purpose the purpose was how do we best serve our citizens and how do we draw from the citizenry to accomplish those goals And somewhere along the way the bigger government got, it became a business. It became a racket. That's why people recoil at this because why are all these illegal immigrants coming to the U.S. and sign up for what?

You do that. You get paid. You can't blame them in some respect because that's what everybody does. It's become a big business. And you have all of these NGOs and, you know, phenomenally philanthropical enterprises that are set up to help people. And you tug on your heartstrings and say, yeah, these are poor people that need. help. It's just a huge business, and that's what people are really, people know this. They know that's a business and they, it's fundamentally un-American.

I agree. It's becoming more and more public. Go ahead, Brian. I don't know. Just think of how bad of a return on investment this is where 50 to 60% of our budget goes towards entitlements. And then that's where the entitlement money is going to. And then we have to go to like another two or three trillion in deficit spending. So if it wasn't for this waste of money, we wouldn't even have to go into deficit spending, which is the reason we're 38 trillion in debt because we've done like two or three trillion in deficit for the last 30 years. Well, the thing is, I'm sorry. American people are incredibly generous, and they have been for a long period of time.

But you don't, you know, Alexis de Tocqueville, way back in the 19th century, marveled at how Americans would gather together in communities to help people who are struggling. There's always that undercurrent of, you know, if people are struggling, we want to help them. But this is not that. This is something fundamentally different. That is, by the way, that is by choice. Then there's by force. The choice is what Michael Dillon, his wife are choosing to do. And I want to stand on the Somalia story, Rob.

Is this the president commenting on what's going on in Minnesota? Minnesota. Is that what this is? Yes. This is yesterday during the cabinet meeting. Okay, I want you to watch what the president use and how tired of it he is himself. Go ahead, Rob. And they contribute nothing. The welfare is like 88%. They contribute nothing. I don't want them in our country. I'll be honest with you. Okay. Somebody who said, oh, that's not politically correct. I don't care. I don't want them in our country. Their country is no good for a reason. Their country stinks. And we don't want them in our country. I could say that about other countries, too. I can say it about other countries too.

We don't want them to help. We have to rebuild our country. You know, our country's at a tipping point. We could go bad. We're at a tipping point. I don't know if people mind me saying that, but I'm saying it. We could go one way or the other, and we're going to go the wrong way if we keep taking in garbage into our country. Elon Omar is garbage. She's garbage. Her friends are garbage. These are people that work. These are people that say, let's go. Come on. Let's make this place great. These are people that do nothing but complain.

They complain. And from where they came from, they got nothing. You can pause it right there. Now watch this. So you're listening to this. You're like, come on. How bad could it be? Here's a man who was sent back to Somalia. Okay? Watch what he says here.

Go ahead, Rob. I'm doing I'm having to be in Dubai in the world. I'm going to be in here, I'm so I'm going to be in here, this is where I'm going to be in this is where I'm living. I don't want to be here no more. I'm so tired of being here, this place.

This is where I'm living. Maybe it's just a phase you're going through. through. You'll get over it. I can't help you with that. The next appointment is in six months. You're not alone. Finding mental health support shouldn't leave you feeling more lost. At

CAMH, we know how frustrating it can be trying to access care. We're working to build a future where the path to support is clear and every step forward feels like progress. Not another wrong turn. Visit camh.ca to help us forge a better path for mental health care.

I'm so tired of it. It's just like, I want to go back. I don't want to be here no more. I don't cut my hair. I don't shave. I don't do nothing. You can pause right there. And I like the, me, whoever picked that music,

like that piano in the background, that was great. So, Tom, when you were seeing this, and by the way, as you're going, Rob, you have one other clip where, A Minnesota councilman is saying they will fight Trump deporting Somali immigrants. Is this the one, Rob? I don't want to play the whole three minutes. Is it the main part of the beginning?

I believe so. Okay, go for it. My name is Jamal Asman. I am the council member of War VI, someone who represents a large East African community in Minneapolis. I am proud to say I'm a Somali American. This country welcomed me in my family 26 years ago. It has provided me a life that I did not have in Somalia. We came here and we are thankful to be here.

I've been educated here, got the opportunity to serve my community, to be a council member. I know many families are fearful tonight. They are. But I want you to know that City Minneapolis stand behind you as the leaders, both mayors and the chief and everyone that stand behind you, are here to stand with you. here to stand with you. Yeah, you can pause right there.

Tom, thoughts. So, President calls it garbage. Nothing good. Why are we taking them? 88% entitlement programs. You see the gentleman there talking with the beautiful music playing the background on how challenging it is to be

in Minnesota, in what do you call it? Pretty much Minnesota, but they call a Somalia. And from there to no longer be in the States, how do you process all of this? Well, where to start? The first thing is a guy that I don't even know if that's a real, I don't even know that that's not AI. I have no idea where that cut.

It did kind of look like AI. Yeah, I don't know where the guy comes from. Can you see on the Grock if it says it's AI? He's trying to seem like he's getting emotional and he says I'm not even cutting my hair. I'm not even shaving but he's wonderfully clean shaven except for a neatly trim mustache. You could see him. And a pretty nice tattoo yet

on his wrist by the way. Yeah, and so you just look at it. And this reeks of Democrat PR. It's based on feelings. We're supposed to feel bad. So we're supposed to do something. So I'll set that guy's side because I can't validate who he is, where he's from, what he's done. We don't know his background, and it's just somebody's trying to make a heartfelt message

out of it, number one. Number two, going back, I'll tell you what's going on. Minnesota is failing its people, and you only need a mob, and you have it with the Somalis. Then you get a police chief or someone in power with detectives who agreed to arrest or not arrest or start cases, Pat. to start the case. And then you have a DA that wants to do it. And there was, her name was Moriarty, you know, Marcy, Mary. Mary Moriotti, I believe her name was. And she was a county DA, county prosecutor, whatever her title was. But she was, she let these teenage kids go free,

like 14-year-old kids. They committed a murder, two of them, let them go three. And as I recall, She's like, oh, well, you know, they get influenced by their friends. And then she said, well, we're the, she's taking a look at all of the people that were arrested for drug charges. And a higher percent were black. So she's concerned that we are racially targeting black. Wait a minute. Was each case on its merit for sale, transport of cocaine, fentanyl, and crack and meth? Yes, it was.

So each one of those individuals were there. but because they all happen to be one race, she said, oh, we're hyper-targeting, and we need to reduce sentences, release people, do a lot of things. And so that's all you need, Pat. You need an attorney general to act like that, not in the interest of the people or public safety, letting people go free. And that's how a three-time sexual predator. That's her.

That's it. Hennepin County Attorney, Minnesota. Wow. And she was, yeah. And believe it or not, the people, there was a committee at one point that voted. not to, they said she shouldn't be our DA anymore. They wanted to overturn it. But she was just a train wreck, not in the interest of public safety. So all you need, and this is where people come out and say, well, these are the Soros-funded DAs. Who knows if Soros funded them or not?

But when you have a DA that feels this way about the American people's safety coming third, and then you've got the police now are going to favor one group and ignore prosecutions. and detectives in the police department that are being led by the police chief and the DA on what to bring forward or not, then guess what? Sexual assault victims don't get represented. The place becomes less safe. People, you know, are suffering higher crime. One group goes free, and all of a sudden you have societal change and structural cracks.

And then you have Democrats turning a blind eye to people finding ways to fraud. And guess what? the Dems are perfectly happy about it because all they're caring about is the voting block that gets them power to continue their globalist agenda and the dilution of the sovereignty of the United States. Bistock out. Prosecutorial discretion. That's what it really comes down to. And that's something that we dealt with in Florida here. Remember last year, Governor DeSantis removing a couple of DAs because they weren't following the law. That's, I think, that was, to your point, that was a targeted effort by, you know, whether it was source or what doesn't really matter.

Let's just say bad DAs that are now criminal justice-minded. They can't win at the ballot box, right? Which is a code word for not protecting the populace. They can't win at the ballot box. So they seek a backdoor way to implement their same policies. And they use every tool available, including prosecutorial discretion, which is what we're really talking about here. And that's, it's rampant.

And then the appellate level, the Obama judges that still have not completely gone through the system. was what they they chose to do. Yeah, no, I mean, like, we look at the national figures with the Congresspeople and the governors and the, you know, the president, but it's like these layers of local judges and, um, and DAs and attorney generals. Like, they're the real, I guess, infrastructure of, like, what direction America has. And yeah, like Tom said, like, you think that it's probably the Soros appointed DAs, but, I don't know, there's more people that think the way it Soros thinks and just want chaos and destruction

because the outcome they want, you know, is more likely if the, yeah, people who are upholding the law in a way that promotes chaos and destruction. So that's a, that's like what you've got to look at. You got to look at the local stuff. Like, why are certain people running for these positions? Why are they getting funding from certain places? Like, why is there an incentive to create chaos? And I mean, that's kind of a rhetorical question, but, you know, it's a business model. Definitely it's a business model to have something like that going on in America. But the good news is enough people are fighting back. And as much as social media, you know, we all saw the documentary social dilemma, how bad it is and all this other stuff,

social media has also become the enemy of the people in power who are getting exposed faster than they ever did. And they hated it. They didn't like it. And we are right now at a phase where you guys can create content and talk about the stuff they want to talk about. Who knows what's going to happen if somebody else gets into office in 2028? As of right now, it's still free. But if they realize the mouthpiece, the people that are kind of sharing their thoughts are pushing the envelope a little bit too much, we don't know what's going to happen in 2028 or 2032 in the different seasons that we get into. Anyways, let me get into this next story of Florida. Inside Florida's next chapter, CEOs predict massive expansion as wealth surges into the state

of Florida. So let's see what the story is all about. Page 13. Folks, if you're following our stuff. Our notes are free on PVD Podcast Circle. Just go get the notes and go to page 13. So Florida Rice as Magnet for Wealth, Business and Culture shows no sign of slowing down. From Luxurias to fine dining and world-class real estate to Sunshine State, blend of open economic policies, no state income taxes, and Uron Sunshine continues to lure both entrepreneurs and investors and top leaders say it's only the beginning. What we see is that more and more people are looking for this lifestyle and when you cater to demand, you're usually very successful. Naftali, group chairman and CEO, Mike Naftali told Fox News Digital from Fort Water,

the International Boat Show earlier this Monday, they visit, they stay and they see that business is good and then they can create their office here. Info markets president of U.S. Boat Show, Andrew Duel said, and I think we've seen a lot of corporations in the three big cities, Miami, Fort Lauderdale and West Palm Beach investing in South Florida, were coast to coast. restaurants all over the United States from Beverly Hills to New York City, but 25% of our business now is

in South Florida. A restaurant or Cameron Mitchell added, we're making a considerable investment in South Florida and we're continuing to do that. If I had it my way, I joke, but I'm always half serious, if I could just build restaurants in Florida that'd be great. From 2019

to 2024, Florida's real gross domestic product rose more than 21%, more than 11% double, about doubled 11% of real GDP the nation saw during the same time period, according to governor's office. Tom, what's happening with Florida here? Well, with Florida, guess what? So I'm going to step aside from all the politics and running for president and everything like that. And I'm just going to use words leader and thank you. For Governor Ron DeSantis is a leader here in Florida

and we thank you. He's been a leader during the hurricanes. He got a bridge built. pushing hard on rescue services to get a kind of a land bridge or rock bridge rebuilt to help with the hurricanes that happen on the Gulf course so they could get supplies and water and and first responders in. There's been so many things he's driving and now he's driving this initiative to review whether property tax in Florida can be paid for in other ways and we can help reduce the cost of home ownership and affordability with taxes. All of those things come together and the fact that there's no income tax in Florida, it makes Florida a magnet, a magnet for people that want to bring their business here. And I'll tell you, I'm not, you know,

if billionaires want to move the Manala plan, that's fine. But what I'm really interested in is business owners that want to move here, provide good paying jobs for the populace with the governor, I hope, also helping with regulation and move restrictions out of things so people can operate those business, but we also need a forceful piece of energy on housing, you know, taking away regulation and permitting timing. Look at the permitting timing. I mean, we're in Broward County. In Broward County is this little blue jail that's in the middle of South Florida between some very red counties and a phenomenal mayor in Mariswara's in Miami where you can get things built. Look at all the, it's like the bird of Miami is the crane, you know, is my joke. You

go down there and there's cranes building everywhere. So, you know, thank you for Suarez for bringing the flock of cranes down to Miami to build things. We need that in Broward County. And when you make Florida into this wonderful magnet, you have people that are coming down here and this guy saying, I wish I would only build, you know, restaurants in Florida. That's what I do. And then words talk number scream, 21% GDP growth, double the national average.

under governor de santa so you you make something you build a great restaurant you have a crowd at the door and you have a wait every day at seven o'clock i'm sorry you have to wait 40 minutes for a table why because it's a great restaurant and everybody wants to go there that's what's happened to florida we become a magnet for it and business owners think about it do you think it'll slow down do you think this will slow down i well well whenever you get an influx like this certain things become expensive like rent when you get demand on housing right and um housing prices go up and so There's this ebb and flow if you don't have enough new communities being built and things like that. So, well, it slow down a little bit?

Yeah, probably not be doubling like it is in GDP, but people are still coming. Smart people are coming. And whether you're a billionaire coming to Manalapan, God bless you, find your home, or you're a business owner. Come on down, man. Bring your jobs. What do you think, Jeff? First of all, I think that Florida will experience some ebbs and flows. It always does.

There's a, you know, there's a housing cycle that goes along with it. And we're on the down swing of a housing cycle. There's a little bit of concerning stuff. some overbuilding left over from COVID, especially in the Tampa area, and up around there. So housing might be a sore spot. But, you know, the bigger trend, as Tom saying, it still remains intact. I'm actually a refugee. I came from upstate New York 25 years ago.

It wasn't the weather. It wasn't necessarily the taxes. The reason why people come to Florida is because it's business friendly. The reason we left New York State, first of all, you know, I grew up in the Rust Belt. I saw the downside of all that stuff. It isn't, you know, the Rust Belt, you can be. blame a lot of factors for that, but a lot of it has to do with government overreach and overregulation. That's really why I left the New York State. You come down to Florida, it's

night and day difference. Florida is much more free and open, less regulated. That's where the lack of income taxes comes from. You compare New York State to Florida, not just in terms of population, but the government expenditures. Florida has more people now than New York State does, but yet their government expenditures are, I believe, less than half of what they are in New York State. And those two things correlate. The bigger government is, the more there's going to be overreach, there's more there's going to be, you know, interference in the just daily lives of people who live there as well as the businesses that are trying to succeed, and it just becomes a toxic mix.

So Florida has a lot of things going for, but, you know, the weather, the taxes, those aren't necessarily the key secret ingredients that make Florida a top-draught destination like Texas. People are moving to Texas in Florida because it isn't the same type of overwhelming, you know, really overwhelming government climate like it is, the northeast or the coast. Yeah, when you said refugee, I was like, all right, as long as you're not coming here from Minnesota or some of those places we're looking at. I don't know.

I mean, at one point, you know, where I grew up in upstate New York, it's not great. Upstate? Upstate? What part? I grew up in a place near Syracuse called Mexico, New York. Mexico, New York, right on the corner of Lake Ontario. Nice. How's the beach in Mexico, New York?

It's not good. Like, hairy state house or? It's from the corner of it. of Lake Ontario? No. Lake effects, no. No, no. We're up there. Summer is 2.30 to 4 o'clock on July 7th. That's summer. It's it. Summer is an hour and a half. I went there to be with the Luge team. What is that city in the Luge where they used to train? What's the city? Lake Placet. Lake Placet. I went to Lake Placet. Pretty sick experience. Brandon, your thoughts? Florida.

Yeah, so I think it's like the same thing that made America a powerhouse in being. You know, there's things you can control, things you can't control. So like, there's God-given things that Florida has that America had that made it powerful economically. But the things that you can't control is that the government is out of the way enough for businesses to be able to do their things about being restricted with regulations and whatnot. But in the way enough to where there's law and order and people have the faith and their ability to go out and take a risk and that the government will protect them if need be from people breaking the law, people trying to take things from them. So Florida has that great mix right now of strong law and order

and getting out of the way for the most part where there are like places they can improve Like with Tom said, it's badly needed to improve the way that houses and constructions built with all that. But out of all the states, Texas and Florida are definitely the best with getting out of the way of business owners and letting them do their thing, but also upholding law and order. And then, you know, New York and California are the opposite of that. They let crime run rampant and they get our, like, enemy number one to business owners. And by the way, I would normally say Tennessee on that list. If you zoom in a little bit, look is zooming. This is GDP growth in 2025.

specifically. Texas is down. It's kind of weird. Yeah. You know, Nevada's down, and that's a no-income, you know, no-state tax. Tennessee is down. Look at Tennessee. Yeah.

Well, Texas, there's the oil bust. Right, right. So they're dealing with the oil. They still have a lot of oil. And Nevada is dealing with the gambling stuff because the governor cannot fix the gambling problem. The casinos in Nevada are getting their asses handed to them in a big way. Maybe they've got to bring the mob back.

Florida's up 1.4. And look who's number one. South Carolina. I lived there for nine months when I was in the Army. Fort Jackson, South Carolina, up 1.7%. Second is Florida. Who's third, Rob? Is Arkansas third at 0.8?

It looks like it. And North Carolina. North Carolina is 0.8. And then Michigan's 0.2. Pennsylvania is 0.3. Alabama's 1. Georgia's 0.1. What's MS.

Mississippi. Mississippi is 0.7. Utah's point five. Mormons are working. They'll always work. That's one thing you can rely on them. They're going to always be working. And look at all the Californians, moved to Montana,

built their ranches with Jane Fonda, and screwed it up. By the time, what is going on with Nebraska and Montana and Iowa? Look at Iowa and Nebraska are the lowest. Damn. Agricultural routes. Yeah, that could be it. That could be the case. And then Alaska, obviously a great destination for people who want to be at a place

where, you know, beautiful beaches, warm weather, awesome place. Let's connect this to the president's leadership. Why do you think it was so important for him to have those agricultural tariffs and those agreements with China selling soybeans to China? Where do we grow our food? In the middle. Yeah, those middle countries.

So he's looking out for them, is what you're saying? I believe so. I absolutely believe so. All right. So we'll see. We'll see what's going to happen. Now, in the interim, Costco is not too happy with the president. Costco is trying to sue the U.S. government over tariff

refunds, ahead of Supreme Court ruling. Rob, if you want to pull up the, yeah, the clip, is this one of our friends that, is this AI or is this a real human being? This is a real human being. This is a newscast. Okay, because the other guy was AI, by the way. With that music, what's AI. Full disclosure.

He had us getting emotion. By the way, they mix it. They make emotional videos to get people to fall for it. And then you go to, folks, go to Grock and ask, is this real or AI? That was a TikTok that created it with the hand tattoo. and everything, guys, actually very creative. So let me get back to the story here before we got distracted over Brandon. Costco sues U.S. government over tariff refunds ahead of Supreme Court ruling.

They sued U.S. government and ensure it will receive refunds if the Supreme Court rejects President Trump's bid for sweeping authority to impose tariffs in a complaint filed Friday in the U.S. Court of International Trade in Manhattan. Costco said Trump's use of international emergency economic powers act to impose. proposed tariffs left it uncertain whether businesses can recoup sums they should not have paid based in

Issaquah, Washington, Costco joined dozens of companies suing to safeguard potential refunds. It is also amongst the largest with $275 billion of revenue in its fiscal year ending August 31st, nation's largest warehouse club operator

said U.S. Customs and Border Protection denied its request for more time to make final calculations of tariff owed, threatening its right to complete refunds, even if the Supreme Court rules against Trump, custom and border protection had no immediate comment. Costco did not immediately respond to a request for comment. Other companies have also sued to preserve refunds,

include bumblebee foods, Rayban eyeglasses, and Kawasaki Motors, Revlon, Yokohama Tire, and court records show a few other companies there as well. Tom, your thoughts on the story. Well, first of all, words talking about. number scream. Let's start with this number, 91% to 8% at Costco. You know what that was? Percent of corporate donations to Kamala Harris versus Donald Trump. Ninety one percent Kamala Harris with the Isoquois, Washington, the liberal blue state of Washington, headquartered Costco.

So the next time you go to Costco instead of Sam's Club or Walmart, ladies and gentlemen, think about that score, 91 to 8. So a company that's 91 to 8, what do they do? They hear that possibly the tariffs are going to flip back the other way. They sue the federal government because here's what they want. They want, remember, the tariffs are under executive penn, so they went in. They went in. They want a refund from the federal government. If they flip it back the other way, they want a refund for all the tariff money they paid this year.

And they're suing the government to get that placeholder, that precedent there. So if the Supreme Court goes the other way, they get the. money back. Now, I take you to this. Once upon a time, I get a speeding ticket on the Ventura Freeway near A Thousand Oaks. Not crazy. It's like 72. I was driving to work. I wasn't paying attention. It was only 55. Now, later, that speed limit, I was a much younger guy, went to 65, you know, except like right near Encino is 55, but that, the 101, you know, going out to Ventura 65. I was unable to go downtown and say, hey, wait a minute. I got a speed ticket for 72 and a 55, it's now 72 and a 65, and not one person's ever been pulled over. Can I have my

$100 back from my speeding ticket? You didn't do that. No, I didn't. But if I had done that, what would they have been, Costco? I would have been, I would have been Costco. And they would have said, kid, get out of here, or we're going to follow you home. And every time you don't perfectly stop for a stop sign we're giving you tickets. Wow. That's what Costco's doing. By the way, remember, 91 to 8% folks, support Walmart. support Sam's Club. If you happen to disagree with a company-based headquartered in Blue Washington, they gave 91% to Kamala Harris and 8% of corporate donations to Donald Trump.

Who gave 91%? That's Costco. What did Walmart do? I don't know what the exact number for Walmart. Can you get the numbers for Walmart and for Target? I think there were more 50-50. Walmart and Target or Walmart? Walmart.

Jeff, what do you think about this? What do you think about what Costco is doing? Do you think this is, it's just more like it? insurance protection to get the money back? Yeah, I mean, like Tom said, they're putting a marker down and saying, if the Supreme Court rules this way, we want to make sure that there's not some legal trickery that we give up the rights to our refund if the Supreme Court says you can't impose tariffs. I mean, in one sense, you expect companies to act that way.

What's the likelihood Supreme Court's going to rule against the president? I don't think it's very high. Okay. Got it. So if nothing happens, then they're moving on or they're just, hey. But you do have, I mean, to Tom's point, you do have to wonder about. the political theater about all this? Are they trying to make a political point out of doing this and make it, you know, some kind of...

Who is the Costco CEO? Let's see who the Costco CEO is. By the way, just stay on that Rob right there if you can pull that up. Okay, so Walmart is 52.9% to Republicans, 47. So they're pretty even, Stephen. Pretty even. What is smart? What is, what is Target, by the way? Based in Minneapolis, Minnesota. Target, you couldn't see anything with Target, but you're seeing the stuff with Walmart. Okay, let's see who Costco CEO is Rob. Who is Costco CEO? Remember, it was founded by James Senegal, who they would nickname Senegal, and he was a flaming liberal, the guy that created Costco.

It was so much good and so much service for the American people that's come out of that business. You have to remember, it was a liberal cesspool. So this is the current CEO of Costco. 91% went to Kamala Harris. Let's go a little bit lower. There's a serving of forklift. He became a assistant warehouse manager, Phoenix, Price Club expansion to Colorado, and Warehouse is Oro, Westminster.

And then after Price Club, Costco, merged 1993. He moved to Arizona and became the general vice president. He joined Costco's corporate management. Great. So you worked this way up to being the CEO of the company. And the previous guy said he got attention because he said Costco will not eliminate its DEI policies. What do you see that? As CEO vouchers gained attention from Costco announced, it would not eliminate.

Okay. That was his predecessor. Got it. So we know what Costco is. Hey, babe, if you're watching this. When are we canceling the Costco membership as we're going through this Let's give our business to Walmart

We do as well anyways We like Walmart, we like Target But listen You know, by the way, the matter of fact Let me see, is my wallet here? Let me see if I got my Costco I rarely carried in this wallet Because it's so thick

I've had a Costco card I've been a member of Costco for 20-something years Like a AAA I've been a member of AAA For how many years does I say? Do you see it at the top? I've been a member all the way in the middle right here?

23. 23 years. Over 20, they give you the little circle thing. But do you know how many times I've used AAA and my pastor will make fun of me because when they would pull me over and when I would run out of gas, they would call me by my first name because it would happen so often. 40 or 50 times I ran out of gas in my car. I used AAA.

Shout out to AAA. Three years from now, they'll be profitable on you because you're not driving anymore. They'll finally make up for all of those. Finally, we're making, can you see like a red mark of my name? This guy's not profitable. And all of a sudden, you stop driving. Anyways. But look, I mean, Costco's a great place to go shop and we go there regularly.

You got Walmart and other options. But we make decisions like this. If it's politics and if it's theater, what they're doing fine. If they're playing hedging against the risk of getting some of that money back and legal is telling them to do that, it is what it is. But Tom just shared a number that tells us a lot. Brandon, will you go shop at Costco after this? No, and this is exactly the problem with the lack of tariffs, the lack of protectionism has done to America.

Like Costco's mad because they import a third of the things they sell from other countries, mostly from China, but that shouldn't be the case. If we had tariffs, if we had more protectionist policies in place, then they would be sourcing it from America. But they say the problem is America can't manufacture those things. Yeah, because of the lack of tariffs. Like when did Costco really start blown up? They started really blown up in the 90s, right around the time that we brought China to the World Trade Organization.

So Costco's mad because, you know, they thrive in a world with no tariffs. That's an internationalist world. But in a world that's, I think, good for the middle-class American, Costco doesn't exist. There's a bunch of smaller grocery stores that, you know, can be competitive on prices. But when Costco exists, nobody could survive on a smaller level because Costco undersells all of them because they buy everything from China. Does that make sense? Yeah, of course it does. But most of these guys buy, like Walmart does as well, Kmart does it.

It's not like they don't. Rob, can you actually pull up? No, I agree. But can you pull up Rob and see what percentage of products in Walmart and Target and Costco are made in China? What percentage of their products are made in China? I'm curious. Will we be able to tell? Let's a question. I'm a note. Okay, according to 20-20, 60% of Walmart's imported goods to the U.S. come from China. There you go. But it used to be from 80% down to 60. Damn. So they went down a court of a point, right? They went down a court of a point. I bet it was like 20% in the 80s. They had to reshore a lot of production.

That's because they didn't have a choice. They didn't have a choice. That's the part time. Yeah. So some analysts estimate that for non-grocerer items, categories like electronics, toys, apparel house goods are 75% or more source from China. Walmart has publicly stated that around two-thirds of U.S. store merchandise has made, grown, or assembled in the U.S. Okay, so the bottom line product mix is estimated to be about 40, to 70%. What's Target? Go a little bit lower. Target executives said that

roughly 30% of Target's products are Chinese made. 30% figure represents a reduction from 60% 2017. To Target's actually doing better than Walmart is in China and made in China products. And in Costco, they actually don't have numbers on that.

I had to come up saying a third of theirs comes from international. Well, not China specifically, but international, there's a third. Got it. Okay. There you have it. We're getting smarter, folks. That's the goal. Next, Starbucks strike enters. Third week deadlocked with both sides holding firm.

This is obviously not good, but it doesn't seem like this is slowing down. And I know Howard Schultz was trying to fight it for the longest time as they were going back and forth. So Starbucks worker United Escalated's Red Cup rebellion strike over unfair labor practice on Black Friday announced that 120 stores in 85 cities that joined the EFRIZE, While Starbucks claimed fewer than half that number were impacted and that the strike has caused minimal disruption over the last three weeks since calling the strike on November 13, the company's highly traffic red cup day when it gives away free reusable coffee cups to customers, Starbucks workers, United Reports and new stores have been added to its strike in list each passing week, totaling now 120 stores. SW claims that the baristas in 550 United Stores are prepared to continue escalating the strike unit until Starbucks delivers a fair union contract and resolves hundreds of unfair labor practices charges

since the strike began Starbucks as disputed a number of stores impacted claiming many stores on strike list never closed and others have since reopened despite more than 125,000 people who've signed a no contract, no coffee pledge. Starbucks reports this year. Red Cup Day was its biggest sales day in the company's history. Currently, two

parties are not negotiating after spending nearly 200 hours in negotiations and reaching more than 30 tentative agreements through April this year, Rob. Can you please play this clip? Like so many working people across this city, these are

not demands of greed. These are demands for decency. These are workers who are simply being asked to be treated with the respect that they deserve. What the Ron and I are dedicated to is creating a nation and an economy which works for all of us, not just the 1%. That's right.

So I just want to thank the Starbucks workers for their courage here and around this country, we are going to prevail. Oh, my goodness. Tom. Look, Brian Nichols got a tough job and a very tough job. People like me that used to be there, what, four and probably four and a half times a week at $7 a trip. And I would get this, you know, white chocolate mocha that I liked in the morning. And you take a look at what I was spending over the course of a year. And now you look at the last four years where I have the number, I could literally,

literally probably say about less than 10 cups of coffee from Starbucks directly over the last over the last year it's rare it's like in an airport or something there's no other choice and Brian Nicol had to come in now why did I do that because I hated going into a Starbucks and you know have to to be at the baristas listen to them pump their liberal drivel and have to sit there quietly because they can't say anything and you don't want them to spit in your coffee And I got tired of that, and I got tired of what they stood for, and I got tired of what was going on, and I got tired of homeless people being in there reeking, and it's not that homeless people don't need a place, but it's like, come on, you know, this isn't a homeless shelter. You're trying to have a place of business to sell coffee. All this is going on, and people like me were saying no more.

Brian Nicol gets hired to turn it around because the previous CEO wasn't showing leadership at all. And so Brian Nichols pointing out, say, look, one of the things they want, they all want improved. wages. They want higher wages. Yes, of course, we all do. And they want more staffing levels. So they want more people there. And Brian Nicholas pointed out and say, hey, guys, if I do that, that location is completely unprofitable and I close it. So do you want this fourth location in Albuquerque to close? Do you want it to close? Because you're going to strike and force us to do this. Then guess what? We're going to close locations. And so So this is an example where when the unions are trying to make a coffee service part-time

job into a living wage, which is what you saw Bernie and Mamdami doing in New York. And Brian, I'm with you. You've got to fight the good fight. You know, I'm hoping you can win this thing. I'm hoping that you can get through it so that there's something for the workers and something for the company. And more importantly, you can get back to serving coffee in a lot of. a neutral environment where people enjoy coming and doing it, and I am behind Brian Nickle.

I hope he's able to pull it off because that's what the board and the shareholders are paying him to do and giving in to ridiculous union demands that ends up making, you know, another 7% of your locations unprofitable. You close them. So congratulations. By the way. You protested and you wanted two more jobs and you killed 12 jobs. Very good.

I got a question for you. When did this whole negotiation start with Union trying to attack Starbucks? I believe it was two months ago. Rob, we can find the, like, I was just looking at it. Let me see if I could. It goes back a little bit further than that. I mean, there have been problems over the last couple years. How long has the problems been?

How long? I mean, Starbucks has been struggling as a business for quite some time. It's sort of a microcosm of the economy as a whole. And not to, you know, play devil's advocate too much here on the, you know, the Bernie side of things. but you can understand where they're coming from, from the perspective of an individual worker, things are not good at Starbucks. So if somebody comes along and tells you,

let's get together, form a union, and strike so that you have some power to push back against management, that sounds good. It's, you know, it's illiterate as far as basic economics because, as Tom was pointing out, you try to raise the costs of operating a business, the business owner is going to close those businesses. But nobody actually thinks about that,

and you're not going to hear that from Bernie. What Bernie's going to say is, is Starbucks makes enough money. They can redistribute some of the profits from the stores that are profitable to these unprofitable stores, and we'll run it like a government enterprise where it's fair for everybody. But you have to understand where that message resonates to Starbucks workers. From their perspective, work sucks. Starbucks sucks.

It's struggling. Everything is not, you know, everything's bad. So why don't we strike? Why don't we try to make it better for ourselves, not understanding that it's making the situation worse overall? It's like you always say, the real minimum wage is always zero. But the people who are always agitating for a minimum wage rate don't ever realize it, nor do they suffer the consequences of it. Yeah, I think you're right with that messaging today,

that it's resonating with low and middle-income families. Like, look, man, I just want to be able to take care of my family and be able to pay the bills. That's a fair argument. Rob, the part that makes it a little bit frustrating for some people, when these actors come out and you want to sit there and say, okay, does this guy really actually believe in what he's talking about? or is it just talk? Rob, if he can pull this up, so here's what happened with Bernie. He keeps talking about the top 1%.

We got to keep reminding it because he's going to keep saying this. So we got to make sure the opposite side of the message is also being heard. Here's Bernie Sanders, okay? Bernie Sanders claims and talks about the top 1%. Go to that picture, Rob, you just at? Oh, I see what you're doing. If you can go to the previous one, yeah, right there. Bernie earned $2.5 million from book advances and royalties from 2011.

11 to 2022, according to his annual financial disclosures. During that period, political committees, Vermont Independent bought $843,000 worth of his books from his publishers, okay? Political committees from Vermont bought that. And then, if you remember when it was campaigning, after prolonged dispute between Senator Sanders and the union representing his presidential campaign, staffers, two parties reached an agreement that will pay field organizers the equivalent of at least $15 an hour, at $15 million minimum wage, and workers rise more broadly are centerpiece of Sanders, but field organizers were being paid an average of less than $13 an hour.

This is what people don't forget, Bernie. So you are the 1%. You used to say millionaires and billionaires, and you dropped a millionaire because now you're a millionaire, it's only billionaires' problems. You were fighting for $15 minimum wage when you were paying $13 minimum wage. The level of hypocrisy is where people see the stuff and you say, well, why do you want to do that with my money,

but you don't do with your own money? why don't you set the example with your own money a little bit not with us why don't you do it that's also the frustration Jeff on the other side because what I'd like to see is get rid of the politics sit down and talk to the people when you sit down and actually talk to people and they tell you what's going on

what prices are and then you help with like yesterday one of the conversations we have what our guys is how the job of managers is also to help people with their careers you're setting people people of, like, me and Brandon have spoken about his career.

How many times have we talked about your career? Yeah, dozens. Dozens of times. And he asked me real questions. And some of the questions, maybe questions that are, you know, not popular to what the company needs. I mean, we had him in one department. He's no longer in that department.

He made him move to a complete different department. It's better for him, right? It's better for him on what he wants to do. Career planning is important if you're coming from a good place of helping these folks out. But when you're playing theater and you're being, you know, politics. and all that stuff, and you're a hypocrite on the inside with the stuff they did with your own employees, then he gets exposed. Bernie seems like a real guy.

I mean, this is a guy that, can you imagine? It's kind of like this. This guy is such a true believer in what he does, that he freaking went to Russia for his honeymoon. Do you know when this guy got married? Rob, do you know when Bernie got married? The Soviet Union. It wasn't Russia. That's right.

He went to Soviet Union for his honeymoon. Okay. I mean, again, the reason why his. message is resonating. Okay, the idea, most people look at it, you know, why are people agitating to be a barista? That's not a career. Why are people aspiring to be a barista? And what they're saying is, look, we're not aspiring to be a barista. Have you seen the labor market lately? We're stuck here. We can't go anyplace else, whether it be, you know, the college student that has massive amounts of debt. How much of the onus is on them versus how much of the

onus is on? No, how much of the onus is on the individual? How much of the onus is on the business owner, how much of the onus is on policies? Who do you put the on the most? I think it's a combination of everything. Well, who's the most? The individual? Honestly, for an individual, they should not aspire to work at Starbucks. I don't think most people do, but the reality of the economy today is there are no other jobs go anywhere, and it doesn't look like that's going to change. Maybe it's not for those people. You know why I ask is, once in a last me, you went through Starbucks. I never go to Starbucks. I don't think I've ever been to a Starbucks. I have a bunch of people around me. There's a conspiracy going

I don't want to talk about it publicly, so don't tell anybody. I have a bunch of people around me that are trying to give me to drink coffee. So I told everybody by 50, I'm going to have a cup of coffee. If any wants to make the coffee, we're going to have a whole event. But at 50 years old, I start drinking coffee. I don't need coffee right now. I'm fine. But I do have a latte that my wife introduced me to with, what do you call it, that's decaf,

that tastes delicious, right? So I've been going to Starbucks a couple times the last two weeks. And let me tell you, I don't know if it's me. You know, my kids like that additional. What's the drink they got, Rob, at Starbucks, the breezer, the, what do you call it, the cold, you know, red drink. I don't know what it's called. Oh, yeah. There's something there that the couple of my kids really like and they put the cherries in it and there's fruit in it.

I don't know what it is. Refresher? It could be called the refresher. I don't know what it's called. But why is it, Jeff, help me with this. why is it that every time I go anywhere in the world, if I go to Starbucks, half the employees are wearing masks. So to me, a part of it is, today.

Yeah, today, 2025, December. So why is it that the mask wearing people with pink orange colored hair who have all these pronouns like to work at Starbucks? No, I think it's self-selection, right? So that's what I'm saying to you. So to me, I think... I don't disagree with their argument.

I want you to push back, I want you to push back. But let me give my last part, and I'll let you rip and go into it. To me, it's when you're part of the day them community and the, you know, pink orange community and the furry community and the half we're in masks community in December of 2025, maybe say thank you for Starbucks for giving you a job. Because you know you won't be working at a lot of other places like that. And Starbucks says, we don't discriminate. So rather than celebrating that a company like Starbucks doesn't discriminate and offers these people jobs who want to wear masks in December of 2025, doesn't judge them, doesn't make them feel uncomfortable, doesn't make fun of them, actually embraces them, I think

there's got to be a little bit of saying, hey, thank you Starbucks. Because if Starbucks doesn't give them that social program, we're paying for their salary. You and I are. So to me, it's like, thank you Starbucks for hiring these people because a lot of employers won't. What would you say about that? I agree with a lot of what you said there, but I think there has to be working. I'm still going to get my latte out. You can't change my mind.

There's nothing wrong with that. But I think, you know, you have to understand the climate that we're in. So even those people who should be, in some degree, grateful for having a job at Starbucks, that job still leaves them further and further behind in terms of their own fiscal situation. So from a purely individual perspective, they're thinking, why can't I get further ahead at Starbucks? You and I would say that, you know, that's not the point here. You're not supposed to use Starbucks is a springboard. Like if you go work at McDonald's, McDonald's is not a career option.

Starbucks is not a career option. But what a lot of people are saying, the reason why they're falling for this message from Bernie and Mandami and socialism is that they say, well, look, I'm stuck at Starbucks for the time being. or, you know, I'd like working at Starbucks because they celebrate me. Yet working at Starbucks, I keep falling further and further and further behind in this economy. And I've been doing this for years after year after year. Eventually enough is enough. You know, to play devil's advocate here, you have to understand where these people are coming from. You're right.

They should be grateful that they have any job at all, but that still doesn't make it whole. This still leaves a huge amount of gray area where they're saying, look, we are not thriving here. This is not working for us. to do something about it. In the traditional route, and actually healthy economy would be you don't need to work at Starbucks, go someplace else. Find a job that actually pays you what you're worth. But in this type of economy that we've been in since the post-pandemic, you know, since the pandemic and lockdown showed up, it's almost impossible to do that and it's getting harder and harder. So I'm not agreeing with the position. I'm not agreeing with the strike and the tactics here

and the overall thinking, but you have to understand where it's coming from. Look, for a guy that grew up extremely poor, that was a cashier at a 99th century on Manchester and Normandy. And the only option I had at 18 years old was to go to the military because from zero to 18, I've never finished the book. I don't know if you guys, I'm not you guys. I'm not you guys. You guys are brilliant.

By the time you were 18, you would have done laps around me. I wasn't that guy. I never read books. So my out was. But you had another route. You took it. You know what I did? I went to the Army.

And I was going to do 20 years in the Army. because that was the thing I saw. I saw the only savior for a guy, simple guy like me, broken family, troublemaker, go to the army, do 20 years, get benefits, and then afterwards you become a cop. And so my first career was going to be military, my second career was going to be a cop or a firefighter, and then boom, the rest of the history.

That was literally my plan, 2020. I was going to go be a soldier, and then I was going to go be a firefighter for 20 years or a cop. And then what happens? You know, plans changed. And then somebody gave me a book. And I started reading a business book. And when I read this business book, like right now I'm walking on with this book here,

it's not a book recommendation because it's $400. It's a book from 1972. I'm reading this book on Perspective on McKinsey. The more and more I'm reading about this, the more I'm realizing how amazing of a guy this Marvin Bauer guy was. You know, a lot of times we hear about McKinsey consulting company, but we forget about what happened when James McKinsey, who the company's named after, while he was at his consulting firm,

got a job to go work at Marshall Field as the CEO. So he left his consulting firm to go be the CEO of another company, While Marvin Bauer and these other guys are running a company, they're like, oh, it's okay, go do that because it was bringing more attention. Our founder is now the CEO of Marshall Field, and then he dies out of nowhere, has pneumonia. 10 days he's in a hospital, the hospital he's staying at, they don't have any antibiotics from. The guy dies at 49 years old, James McKinsey. This guy, Marvin Bauer, has a choice to stop the company and start a new company with a new name. You know what he decides to do?

He says, there's no way we're changing a company's name, keeps the company McKinsey. they agreed to pay 21% to McKinsey's family of every profit they made. The 21% equity, the company goes to the family every year, even though the guy has not been involved for a while, names his third son, James McKinsey Bauer, is what he names his third son. He says, that guy's my hero, he changed my life, right?

Marvin Bauer. But I'm reading this book. Why am I reading this book? I want to know the history of consulting firms because we plan on building one of the biggest consulting firms worldwide. So people can pick up, books and go read and get knowledge. Who is that on?

So I relate to the person that's dressed like that. I was the guy that would put peroxide in his hair and go to the beach top of orange hair. I'm that guy. I'm actually being serious with you. If anybody knows you're from the streets, if you remember you're an L.A. guy, you're wearing paroxa. You know, we would put paroxet just to go on the sun and all of a sudden. You had that little highlight in your hair. It was kind of cool to do so back in the 90s.

You're going to bring it back. I get it. But where I'm going with this is, you know, when I'm going, I worked at Burger King, I didn't work there because I was going to be a brigade the rest of my life. I worked there because a guy named Eddie was helping us become men. And so Eddie played a role as a mentor to younger guys. I just right now typed in Rob what Starbucks does, because this is what I want to do

to respond back to what you're saying. Criticism for Starbucks. What does Starbucks do to invest in its people in personal development? Okay? That's the question I asked, Rob. Number one, the Starbucks College Achievement Plants called SCAP. Starbucks pays 100% tuition for employees to earn a bachelor's degree through Arizona State University Online.

Only 25 undergrad programs are covered. Employees don't have to stay at Starbucks after graduating. There's no time commitment requirement more than 20,000 partners' employees have enrolled so far. Are you freaking kidding me? That's awesome that they're doing this. Okay. Number two, pathway to admission, college prep program. Okay, if an employee doesn't yet qualify academically for ASU, Starbucks pays for a bridge program that helps them become eligible.

Three, world-class leadership training, retail leadership programs, shift supervisor to store manager to district manager, regional director. Number four, Starbucks mission and values training, culture training, bean stock, employee stock ownership program, they give RSU's financial well-being and life skill training, okay, apprenticeship and career mobility program. They even have the DEI, coffee master program, black apron training, I don't know what that's called, mental health and personal resilience training, servant leadership philosophy, Howard Schultz's influence. I can't go on and on and on. We only hear the horror stories about these companies. And there's guys behind closed doors that work like slaves to build these companies up. And Howard is one of them. Howard Chultz is one of them.

When about a small little shop, turned into what it is. Do you have that clip, Rob, when Howard Chilts was being criticized about being a billionaire, says, I'm going to, I'm now, I'm no longer going to apologize about becoming successful. You don't know my story. Have you guys seen that clip? Rob, do you know which one I'm talking about? I'll find it. You ever seen this clip when he's getting pushed? He's getting pushed. I think he is in, I'm sure you've seen this. You know what I'm talking about. He is in court somewhere where he's being criticized. And he gets angry. And he responds to something. As he should. I found it, Rob.

If you go right there and some time I'm trying, when there's billions, no one gave it to me. Okay, here we go. Let me just share this with you. It's a short clip, Rob, if you want to pull it up. The one I have is just a short clip. Some of these guys are like three minutes or four minutes. Here, I just send it to you. How long does this one say this from?

This one's 54 that I found. Minutes? 54 seconds. Oh, played, go for you. Sorry. This moniker billionaire, let's just get at that, okay? I grew up in federally subsidized housing.

Let me finish, I grew up in federally subsidized housing. My parents never owned a home. I came from nothing. I thought my entire life was based on the achievement of the American dream. Yes, I have billions of dollars. I earned it. No one gave it to me, and I've shared it context with the people of Starbucks. You didn't build that.

So anyone who keeps labeling this billionaire thing is... Mr. Shelts, I don't mean to cut you off. We have time limits here. Of course it's Bernie. I'm not cutting your... Notice? It's your moniker constantly. It's unfair.

No, it is not. You have had more time. I've been generous with the time. I'm sorry. But, Mr. Chairman. We have a room full of people. We have panel to go after. He doesn't want that message to go out.

I got to shut you up. He doesn't want that message to go out. So that's the problem I got. So guess what? What do you want kids to look up to? Well, I mean, look, there has been a cultural shift. When I was younger, when you were younger, we looked up to people who were successful. That was sort of the, you know, our idols were people who were successful,

you know, billion, it didn't matter if they were billionaires in whatever field it was. There has been a shift where anybody who succeeds in the capitalist system is demonized as under this Mark Six rubric where they have stolen. And I'm saying they should stop apologizing. I love what Shultz did. But that's what the cultural, the weight has shifted to that the idea is that these billionaires didn't do it themselves. They didn't build it. You know, Obama's quipped from a long time ago. I said, you didn't build that. Yep. The idea was they stole. it. And that has resonated with a lot of younger people. And he walked that back, but it was exactly how he felt. But that, exactly. That's, that's the point that he's not alone. He said that

because everybody around him agrees with it. So we have demonized successful people to the point that the term billionaire has become, you know, a pejorative, which is what Schultz was saying. Look, I built a company in the United States that is, you know, Starbucks, and we employ how many hundreds of thousands of people, how much do we contribute to the overall economy and the livelihoods of people to take your point. He's done something really good, but something has shifted in the culture to where we no longer look up to sick.

Who do you blame? They spend six hours a day with teachers who support biggest teachers' union who hate capitalists, who give 98% of their donation to the Democratic Party. They have a monopoly. Today I read a story about Michael Jordan

trying to, he's not yet suing NASCAR, but Michael Jordan's furious with NASCAR, and I think he may actually end up winning because NASCAR takes 65% of the earnings and it goes to them, even though there's two families in NASCAR. We were just actually with them. It's so interesting. Yeah, he's suing NASCAR, apparently 20 hours ago.

So one of them owns all the tracks. The other one owns the brand. Michael loves the game. I think his driver is Danny Hamlin or used to be Danny Hamlin. If I'm not mistaken. That's correct. Yeah, so his company is called 2311, I think it's called. 23X1 is what his company is called.

and he's got three cars, I want to say, if I'm not mistaken. Three cars that are racing in it. Yeah, 23X1, 2311 racing, and he's got three racers. And each race car that's racing, they have, what's the number? To race each car is $20 million to race each car, but you make $10 million because the cable deal that NASCAR just got, which, by the way, it's a massive deal, nice car just got. Rob, can you pull up the cable deal that NASCAR just got? Rob, can you pull up the cable deal that NASCAR just got?

It's like a $7.5 billion dollar deal, $7.4 billion deal that they just got. It's massive. $7.7 billion dollar deal that they just got. That runs from $25 to 2031. And you know what percentage NASCAR keeps of that? It's 63%. 64%.

So Michael is sue and NASCAR saying, listen, 63% is monopoly. Maybe 50% is the number. We need to make some money. We're racing to lose money. purpose of racing. Can you, can you find out, Rob, what percentage that's 7.7 billion NASCAR and the track owners keep? And look, we're not saying anything about anybody keeping or not keeping, but this is a monopoly law. So here's a story of a monopoly law taking place that

Michael actually may end up, yeah, right there. Look at that. NASCAR keeps 65% of the deal. Rob, can you compare that to other sports? Teams keep 25%. Track keeps 65. NASCAR keeps 10%. teams keep 25 they're like wait a minute we should get a little bit more because and guess what Michael has experience as what he bought a team for a couple hundred million dollars what was the team that he bought them Bobcats or Horner's Charlotte Hornets he buys up for couple hundred billion dollars sell it for two and a half billion dollars whatever the number was so he knows what the rights are to be shared right so you know this feeds back into the narrative though it's the idea that these large companies are stealing from the public

Well, but to me, to me, this is fair. You got a monopoly argument that you're making. Fine. This is true. You look at this here, NFL 66%. That argument can be made. NBA 41, MLB, 26, NHL 19. So somebody may say, well, you know, I don't know if I want to own a, you know, NFL owners love Roger Godell what he's done.

Michael's simply saying, hey, NASCAR, kind of give us a break here. We should get a little bit more. but school teachers were wondering why kids hate billionaires and rich people, who do they spend the most time around? You know, you speak to somebody who has an accent, that accent didn't accidentally come about. They came about because of who they hang out with. So to me, this hate towards rich people and successful people

and entrepreneurs is because they were brainwashed for 12 years when they go to school being around a bunch of people that support the biggest union, brainwashing these kids to hate job creators. And that's a problem. I'll pause. Tom, your thoughts. Well, first of all, I agree with you 100%. That is exactly how it happens on the education side. Now, what's happening in societal now?

You were talking a little bit about the societal break. Well, I'll tell you what's happened right now. It says what happened under Biden was America became uproariously expensive because they printed money and then they had runaway inflation. Trump gets there. He gets the inflation down. He's saying, listen, I got the inflation down. But he can't take a victory lap on that, even though it's worth a victory.

Why? Because the food and the housing are still expensive. They've stopped going higher, but they're still crushing the middle class. And so he's got to find ways to move there. And guess what? The people under 40 wanted to elect Trump to change that. But what did he change? He did change the inflation. But the underlying cost is harder to change. And it's not going to happen overnight. And so here's where it's showing up. Yesterday at a cabinet meeting, it was yesterday or day before yesterday, I saw the clip, but J.D. Vance had it right, and J.D. Vance

was talking very clear-eyed and very clear words. He said, listen, the affordability crisis was the Dems, but we're not going to get everything done in 10 months. He said, they need to understand, they, the voters. Americans lost 3,000 per household

under Biden. Quantitative fact, but they've only gained 1,000 back under Trump. There's still 2,000 upside down, and rents haven't come down, and food hasn't come down, but inflation is stopped, and things like energy are way down. So they can talk about the price of a turkey, which was correct. They can talk about Thanksgiving and cost you less this year, which was correct, and they can talk about fuel being down. But rent and groceries are still higher than they were and expensive. And so when J.D. Van says, 2006 is the year where we're going to get jobs, we're going to have a lot of economic expansion.

People are like, okay, that's nice, but it's not seeing yet. But J.D. Vance is getting it. And what happens is now people want change the other way. Do you want to know how people who are not politically aware and are not paying attention in New York City, they just see rents and groceries? They elected Mondami. And by the way, a huge part of those just believe that they're electing change because what's what has happened to them under Biden hasn't changed yet. Well, wait a minute.

It's going to take time to change. And what people don't understand is they need wage growth, number one, and we need long-term inflation to stay right where Trump's got it and got it down. And he's trying to help with things like interest rate. You know what he's trying to do with interest rates? He's also trying to reduce the interest that he pays on the national debt and get the deficit down. That's high-level thinking that Main Street doesn't think about and don't see. And the cultural shift right now is people are saying,

I can't afford to live. and I applaud J.D. Vance yesterday for calling it the affordability crisis and pointing these things out what they've lost. But the wage growth isn't happening fast enough so that people are reacting. And so a barista who's a manager at Starbucks or then says, I can't make it on this, maybe you have a point that in certain markets there aren't other jobs except serving coffee and suddenly you have to demonize the people running the company because somehow their responsible for the make to you're going to be a coffee server at Starbucks and somehow Starbucks it's their fault and they have to make up this affordability gap that happened under

Biden they don't see it rationally so they say yes and the union's going to help me oh here come the Dems with the feelings bang and that's where it is the affordability undercurrent here is a threat to the midterm elections Tom let me tell what happened yesterday I get him a knack from a billionaire two days ago I think you know oh yeah yes so I get a minute schedule 15 minute call. I'm like, all right, so what does this person want to talk about? A very successful guy made a lot of money, you know, well known in his space. So we have the conversation. He says, I'm thinking about making content, but I'm concerned. Should I, should I not? I said, well, do you prefer being the quiet, low-key guy where no one knows who you are when you walk

into a room? You can buy the restaurant if you want to. You can buy the hotel if you want to, But nobody knows you. You eat your food. You give your 30% tape. You walk away. You go to your family and your beautiful home. And you're just living a peaceful life. Kids are not harassed.

Nobody's really paying that much attention to your last time. You're good to go. Or do you want the opposite to do this. So, well, that's kind of where the debate is. Should I, should I not do it? Right? Because I said, so if you do it, what approach are you going to take? What are you going to be talking about?

Why I want to talk? I said, do you have any strong opinions? Why do you know what happens if you give strong opinions? So we're kind of processing. this thing. So watch what happens here. To me, there's two things. To me, if you succeed, a part of you succeeding is helping other people succeed as well. Okay. It's got to be a way you give back. And you can give back in many different ways. Charity, you know, a church, or, you know, your own time, you know, military, politics. There's many ways to give back, right?

One of it is career planning. I think what you're telling me, right now and when I'm listening to your your breakdown Jeff is I think more people need to sit down if you have a nephew you have a niece you have something sit down and do a little bit of career planning with them what do you want to do what do you want to be the other day I saw my nephew was a phenomenal soccer player they had a game he scored two goals and one of the goals he scored was ridiculous Sean Sabatimani absolute beast of a soccer player lefty a tall good looking guy and I'm talking so tell me about you know tell me about what your grades are tell me about are here. I think we need to be a little bit more also asking. And by the way, people like that

are everywhere. There's plenty of people that want to, I see Tom doing it all the time. I see plenty of guys doing it all the time. But managers, if you're watching this, you may be a manager or an executive, going into 2026, you're a business owner. When's the last time you did a career planning with your guys to see what they want to do? People that report to you. What questions are you asking them? What aspirations do you have? Do you know if you do, just so you know, you're probably one of only two or three people that asked that person that question this year. Let me say it one more time. Do you know if you do, you're one of only two or three people this year that asked that question from them? If that, you could

maybe even be the only person that's non-family if you ask that question. There's no one sitting there and saying, hey, what do you want to aspire to do? What, what dreams you got? What plans you got? What do you want to be? What kind of a life do you want to live? Do you want to have kids? How many kids do you want to have? Did how much a cost to do that? Do you know what the cost of private school is. I had a couple that came up to me. They had won a contest and they said, look, instead of going to dinner, can we just do a planning for our family in the future? I said, sure, let's sit down. We went through the whole thing. They're like, wait a minute. To have five kids and to put them in private school and to live in a five bedroom, small house, we need to make this

much money? Yes. There was a moment where they look at each other as if no one ever talked to them about this. I said, let me get this straight. I didn't do any magic here. This is regular stuff. He says, well, none of our parents ever sat down and talked about stuff like this. And then reality hit. And then they said, well, maybe instead of five kids, we go to two or three kids. Or maybe instead of a five-bedroom house, we rent.

Well, maybe instead of private school, we go to public. Well, maybe instead of a brand new car, we go to a 10-year-use car. Then they started really kind of sitting there and saying, honey, we have one of two choices. Either we compromise and we live this life or we increase our market value. Those are the two choices you have.

You can't sit down and point fingers and say, can somebody pay me a half a million dollars here because lifestyle is so expensive? Can somebody pay me $250,000 year because it's so hard to raise kids? That's what's causing people to ask those questions. Yes, things are more expensive. Yes, homes are more expensive. Yes, the income to price of home went from three and a half times

to eight, eight and a half times. You know what numbers I'm talking about here. Yes, it's ridiculous when I talk to regular people. But as individuals, I think we can do a better job, career planning and coaching some of the guys. I'll give you the final thoughts on this story and we'll go to the next story. I was just going to say you're exactly right, and that's where the socialism comes in.

Because in the absence of that type of information, whether it's just planning or sitting down and talking about this, guess what happens? The socialist comes in and says, that billionaire over there, he's the reason why you can't have five kids. He stole it from you through his evil, greedy capitalist ways. And so most people, they look at that and say, I don't have any other explanation. That sounds plausible. So I'm going to believe that. And then the union, like Tom's point here, the union comes in and says, yes, those green. greedy capitalists stole it from you.

So you deserve to have all that, and they should give it to you. So it's an information vacuum. No, you're right. Have you seen that stat rob on how many married homeowner people we had in America from 1950 to today to 2020? Have you seen this chart? Brian, I think maybe you and I have talked about this before. If you go pull up this chart, if you go pull up this chart, look at this.

from 1950 to today. Estimated. Look where it starts cratering. You're going to 70. I think it's more 8 1990 on this one. But watch this year. Estimated percentage of 30-year-olds who are both married and homeowners

from 1950 till today. This is scary. Jeff, this kind of goes to what you're talking about. Look at the 50s. Over 50% of 30-year-olds were both married and homeowners in the 50s, in the 60s, even the 70s, and then 70 drops, 5% to 45%,

but it's still 45%. In the 80s, that's only 45 years ago. And it still stays at that. In 90s, that's 35 years ago. We're at 43% of 30-year-olds were both married and homeowners. Then look at the drop after 1990. In 2000s goes to 33%.

In 2010, it goes to 22%. In 2020, 15%. In 2025, 10%. You know what the... I don't know if you... Do you know what the single biggest factor in that is? What's that? College.

College? That's when people started going to college in mass. So you started running up debt. You started delaying life decisions. So you're no longer buying a house and owning a house and married at 30. You're now doing it at 35 if you can afford it, except college gets more and more expensive.

you keep getting bigger and bigger debt. Housing prices continue to go higher and higher, and so you just keep falling further and further behind. Well, rather than a business podcast, we could talk this to a social impact podcast because you're correct. That's one of the factors. One of the other factors that you see here,

and I'm going to show you a reflection right into the election that just happened. So you go take a look at the rise of feminism when women were told, you know, oh, you know, being a mom with a job or a part-time job is not good. You're being used. and what feminism sold to the American women and what happened with marriage rates.

And when marriage rates dropped, Pat, you know, and I'm going to get all kinds of heat. Let's just watch the chat. Here we go. Five, four, three, two, one. Controversial opinions. Feminism has robbed women of the place that they put their natural nurturing, protective emotions. So you know what they're nurturing and protecting now?

pat they're nurturing and protecting things like trans things like this where are the angry middle class women coming from we talked about them in the um that what a huge voting block they were where are the angry women coming from they don't have families they do not find fulfillment and they have to channel this angry passion you by by the way do you do you know um if you were to take an Armenian woman from Glendale and and watch it right there and put her in the same weight class and and put her in the ring with somebody right and then whisper to her that guy tried to hurt your kid you're going to see a first round knockout that Armenian mom is going to be like Hulk turning green and go after it you know what that is that's her protective instinct that's her

maternal instinct that's her mom that's her family leadership and you put a strong man next to her you have a powerful family. When you rob that from women, they redirect that natural protective instinct, and they start protecting irrational things. They start screaming about Trump. They start screaming about things. They're redirecting what is their natural protective instincts,

and it's coming out as irrational protection of wacky stuff. And that's what you've got. And so people stop getting married. College debt effect, there's like four social things that have that has flipped it. And when you take a look at this, this, go look at the angry liberal women and tell me what percent are married, what percent of kids, what percent have maybe a job and a career, but also have the opportunity to have a

child and fulfill their natural role. They're robbed of that. Feminism robbed it. And, and guess what? The Democrats locked the door behind them. By the way, just so you know, Tom, I just won't let you know you're about to get a lot of meneks from Armenian mothers. Armenian mothers, if you're trying to manek, Tom, this is a menack. Oh, they're going to be more great. They're going to to be with me. But for a second, I thought you were going somewhere else like the construction stuff. And then all of a sudden, I'm like, Tom, they're going to come after you to all the Armenian mothers and women that like what Tom said. That's his QR quote. Let me go back to it. That's a deep respect to those people. So two things. One, Jeff, you said college. Tom,

you said the feminist movement. What do you say cost of living? That's two of the Cost of living. Cost of living. Because college, I think at time, there was a good return on investment with it, but it became a negative return on investment once it got more expensive than it pays you afterward. But I think you could educate yourself out of poverty for sure and not using college. You know, like you said that for yourself. I would say the same thing for myself, like from changing situations at least. So like books and learning something about a specific topic and stuff, like going $100,000 into debt for something. That's kind of a very broad topic. Yeah. So we got three reasons here from 50 to 2025. But the reality of it is, if that panel continues, that's not good for America. Okay. That's not good for America, period. Because you need guys to be able to get married, have kids for not only the replacement right now being at 1.58 children being born per women. That's the lowest it's been in the history of America. And the replacement game is 2.1. And the incentive to get married, the incentive to have kids, the cost of, it, the time to put into it, all of that, it's getting a lot of people to wonder if, if, you know, that's a decision, that's a good decision to make today or not. Anyways, okay, let's get to the next door here. So while we're talking career, maybe this is a good thing to talk about, finances.

You can't see about what Odell Beckham said yesterday on a podcast. Odell Beckham yesterday on a podcast said the following, okay? He said it's very hard to live off of a hundred million dollar contract. So folks, I want us to sympathize with him But there's a part of it where he has a very good point Just brace for impact You can get upset, just light it up on the chat section But here's Odell Beckham talking about the harsh math

On $100 million NFL contracts wearing a Michael Jackson shirt Go ahead, Rob If I don't have a dollar in my account right here today As we speak, I'm going to be straight for the rest of my life No question. I don't think everybody is in that. And when you've sacrificed your whole life to get here, and you're like, yeah, I play 10 years in the league.

And I always explain this to people like, bro, you give somebody a five year, $100 million contract, right? What is it really? It's five years for 60. We're getting tax. Do the amount that's 12 a year, you know, that you have to spend, use, save, save, invest, flaunt, whatever, however, just being real.

I'm a buy a car. I'm going to get my mom my house. I'm going to do everything costs money. So if you're spending $4 million a year, that's really $40 million over five years, eight a year, you know? And now you start breaking down the numbers. It's like, that's a five-year span of where you're getting $8 million. Can you make that last forever?

And you always hear the people who ain't us and ain't been in the position. Like, oh, well, that would last lifetime. Okay. So he said this. Then you had Shannon Sharp responding to it. Here's what Shannon Sharp had to say. Go ahead. If you get $60 million liquid and that can't last you a lifetime, you got a problem.

Do you really need 10 houses? Do you really need 15 cars? No. Do you need to buy everybody in your family? Imagine that costs a million, $2 million. Because here's the thing. Yes. First of all, if you buy somebody in your house or your family,

the house or a house that cost a million to two million dollars yeah first of all they can't afford to upkeep on it mm because if they could they'd have it already see they ain't the payment is the upkeep right we it's go wrong mm-hmm bro say he's spending four million a year if you spend it four million a year and it ain't a business related you I should am mine ain't no way at hell I'm spending four million a year okay you buy mom a house if I were to buy mom a house I'm damn they're gonna probably get her a house that I can go head and pay off. So I'm going to spend a half a million dollars for mom because I got to get

her something that she can clean for itself because I can't play for a cleaner sir because see, that's another expense, Ocho. You get a big house, somebody cut the grass. I don't need to let, I need somebody to come with a pushing limbo and cut the grand. That's another expense. Oh, Joe. Flying private. Now you see why I fly spirit the past 20 years. Oh, Joe. But I don't fly everywhere, right? And by the way, he does. I've been on a flight I'm talking about eight words of the years. Okay, who wants to take this one? Jeff, you want this one here?

Sure. I mean, common sense, right? That's really what they're saying. It's common sense. I mean, money doesn't last forever. You make these huge contracts. It's like a windfall. There's a reason why lottery winners end up broke because they don't,

like we just talked about people don't have the capabilities to manage their own finances, nor the foresight to plan, how am I going to live for the next 50 years off of one income stream? that it's going to end at some point. There's just a lack of information on planning. You know what? If you're an athlete and you get a giant contract and you want to come down here and you want to have coffee, I will spend two hours with you for free.

I'm going to put a bunch of stuff down on paper and I'm going to say, you go copy of this and you go share what you learned today with everybody else because I'm going to warn them about the wrong kind of financial advisors. I'm going to warn them about always paying your taxes. I'm going to warn them about overconsumption, but enjoying the fruits of your labor,

that started at high school where you were busting your butt and there was a lot of people around you that made money off you. Your high school coach wanted to be a college coach. College coach wanted to be a pro coach and everybody wanted you on that conveyor belt and you were making money for an awful lot of people and now you're a gifted part of the one-tenth of 1% of athletes that actually make it to get paid in professional sports

and everybody laughs at these guys. What these guys are saying is that no one sat down with them and Shannon Sharp is saying, here's what you realize. He's saying, just put the word realize in your head and ignore the profanity, and just listen to him. I realize if I bought my mom a house, I got the upkeep. I got to pay a guy with the lawnmore. I got to pay all this stuff.

He wants his mom to do that, and he wants to take care of his mom the way she raised and took care of him. But he's realizing, wow, forever is a long time. And by the way, it's a house she can clean herself. So he's saying not anything too big that you've got to have maids and other things at. This is what's going on. Nobody provides this education because nobody cares to.

And then God bless them. They're on a podcast and they're talking about this. And then people are laughing at them. If you can't do that, you can't, no, no, no, no, no. No one, everybody's been living off them. And now no one has told them how to live well off themselves. And they end up with agents that take advantage of them. They end up with financial advisors that take advantage of them.

Oh, invest in this, invest in that. And they don't have it. They need people to come alongside to say, hey, you know, here's some tips. Take them back and talk to the rookies. take them back with all this in the NFL the NFL does some of this but the NFL most of

it is worried about do not get caught in a strip club where they start shooting at each other be careful of cleat chasers that want to get pregnant from you they have all the things that relate to the face and the brand because they're wearing a jersey for a team with the brand

and that jersey with the team is underneath the shield called the NFL and they want all that to look good and it doesn't look good if you get in a bar fight and you knock out some other person or when you get arrested for, you know, assault. They don't like that. The NFL doesn't like that. So they're really good at doing all this.

The teams do some, and not all teams are like this. Some of the teams talk about financial things I've heard, but not all of them. A lot of times it's up to the players, but who's in the players here, an agent and stuff? So when you look at this, you know, you can make fun of them and you can do all that. But you know what? now they're having to live off their self after a whole line of people has been living off them and they need education

and they need help so that they can do good things with their money support their family but make it all the way because having a tragedy at the end where you have a broke athlete with all this stuff going on they've got personal responsibility but I think that's a tragedy

because where is the people that could have been alongside and mentoring them not interested in their money and just helping them get set for the future You see that documentary you called Broke that talks about this? It's like 80% of them end up going bankrupt within a couple years after. Yep. Yeah, I mean, but yeah, you're totally right.

Like, just the way that inflation is, like, there's an older documentary. It is. Yeah. Isn't Mark Rippin in it? No. I mean, if you know Mark Rippin, folks, you're over 40 for sure. But keep going. You were saying, Brandon.

Yeah, no, I was going to say that if they had like a quick financial rundown or, like, I'm surprised there's not a booming industry around like a financial management for athletes because it's like a unique position where you have a quick five to 10 year window to make a lot of money, then you're never going to be able to make money off that skill again. But just to the way that inflation's set up, it's kind of perfect for them because if you invest half that into anything basically, that's an asset rather than just money sitting in a bank that you're going to do well over 30 years with the way that the government devalues our money. So, you know, like if you put in property, you put in like the stock

market, you put in any limited asset, then it's going to do well. But, you know, they don't know that stuff, obviously. A 20-year-old kids who came from poverty that are suddenly they have $100 million. By the way, I don't know if it was Mark Rippant. Can you check Mark? It could have been, who was the Cleveland Browns quarterback that was a decent quarterback? Bernie. Coznor, yeah.

That's who it's in that documentary, I believe. You know what part of the problem is there's expectations. People have expectations and they're oftentimes unreasonable. This is not just about athletes. This is normal people too. They start making a little bit of money and their expectation is that it removes all constraints. Yeah.

Like you make a lot of money, you think, I can do whatever I want now. I can have a private jet. I can live in 18 different houses. And there's a lot of people around you want to help you do that. Exactly. For a fee, right? And so, yeah, you have to realize expectations are number one. You don't remove constraints.

You raise the ceiling a little bit. But number two, you're going to attract people like Tom was saying who are in the business of being in your business. So expectations are just not calibrated correctly. And again, this is not just a problem for athletes. It's lack of information. That's a theme of the show here. It's interesting.

You say that two points I want to make on that. I got a manette the other day from a lady who her husband passed away. And she got $7.5 million, give her take. And he had a good amount of insurance policy. And it's like, hey, what do I do with this now? You know, you kind of like, well, you know, I'm a $7.5 million person. No, you're not. I said you're a $300,000 a year person.

What does that mean? If you put that seven and a half at 4% at some place, if you are getting 4% income on it every year, you're making roughly $300,000 per year, right? Give or take, whatever the numbers. I think it is exactly $300,000. I said, don't judge the amount of money you have in a bank if you don't have an income.

What he says in the Odell Beckham, he says $60 million, if all of a sudden the contract is done and you're no longer playing, who the hell is going to pay you $100 million over five years if your name isn't Tom Brady or Troy Aikman or who's the other Dallas Cowboys, He's a phenomenal commentator, the quarterback, Gromo, phenomenal, right? They're saying he may be one of the best ones. But, you know, I was with Antoine Walker about 10 years ago, 2015. We're in Chicago.

We're having a cigar together at the cigar bar. And it's me and him and Matt Sapala. Very nice guy. He was a very good NBA player. And his career earnings, he made $108 million in his career. You know what his net worth is today? Give or take? I don't know what it is, Rob.

If you can pull it up. But he was talking about openly, I think he teamed up with Morgan Stanley Dean Wooder to coach the younger kids of what it's like to have, you know, money, right there, $250,000 on the next one, Rob, Celebrity Network, $250,000. It's pretty wild. You got paid $108 million. He said something. He said, you know what the biggest challenge was.

He said, when the money was coming in, one day I'm playing blackjack with Jordan, because they're both from Chicago, you know, Chicago, Chicago. So, you know, Jordan, Chicago, he's in Chicago. They're playing blackjack. And he says, I'm watching Michael play million-dollar hands or $100,000 hands, whatever story he was saying. He says, I thought I can afford to do that. And then I realize, I can't.

So sometimes is partying with a guy who has real money and you think you have real money. You don't have that kind of money, but you want to seem like you can hang with that guy, and you can't. Don't be tempted to do that. That's the story Antoine Walker was talking about. And by the way, that documentary, Tom, I broke.

I think Andre Reisand was in it. Bernie Kozar is definitely in it. A few other guys that were in it who talked about that as well. Jamal Mashburn, who actually did pretty good for himself later on, ended up becoming a business band. We spoke once, Jamal was a great. Did he play for Kentucky at one point, Jamal Mashburn? Was he a Kentucky guy, Tom?

And then he came out. I don't remember where he came out of school. He played for the Mavs. He used to average like 20, 24 points a game. Matchman was actually lights out. Yeah, he was Kentucky. Yeah, he was Kentucky. So anyways, I saw that story with Odell Beckham

kind of made me think about what some people are going through financially. I know some people may laugh and say, well, $100 million. That applies to people making $100,000, a million dollars, $250 a year, $80 a year. All of that habits you create applies no matter what kind of money you're making. All right, let's get to next door here. Next one I want to get to is, Trump administration's new snap requirements take effect for food stamp recipients. Brandon, this is your story.

I'm going to come to you with this one here. Rob, I think you have a video on this one here. The administration's new requirement for nation's largest food aid program went into effect on Monday with the aim of reforming the costly system. Trump's one big beautiful act raised the age limit from 50, to 64 for people who must work, train, or volunteer at least 80 hours a month in qualifying activities to receive assistance from supplemental nutritional assistance program, SNAP, the size and scope of SNAP, which supports more than 40 million Americans, came under

a renewed scrutiny during the government shutdown as funding for the sweeping food assistance program neared a funding lapse of SNAP average served an average of 41.7 million participants per month, about 12% of Americans costing taxpayers roughly $99 billion. The CBO projects the new requirements will reduce the average monthly SNAP recipients by 2.4 million over the next 10 years. The Trump administration has claimed that cost for the benefits have grown out of control due to the grown reliance on the program and fraud within the system. Brandon, your thoughts on this?

So when I was looking at the story, I'm looking at what Trump wanted to do with the requirements and the age change and everything. I'm like, great, great, great, great, awesome, awesome. And then when I got to the part that said, we'll only reduce the number of recipients by... 2.4 million. Yeah, over the next thing. Yeah. Over 10 years. Yeah.

So that doesn't make any sense. Yeah. It sounded like a significant change that they was making to it. So I don't see how it's going to only reduce it by that much. Like, out of that 41 million, like, I think that at least half of it's probably either... immigrants who shouldn't be receiving based on what we saw before or people who are fraudulently receiving it and kind of abusing the system. Like, it's not a sustainable thing to run a strong country giving away this degree of money. And this 99 billion is a small

piece of what entitlement spending is per year. Entitement spending per year is three trillion year, like I said before. So, like, out of all that, like, that's one of the most disappointing things about Doge, too, is that once Elon started, like, asking questions about social security payments to people who are 200 years old and where Medicaid spending is going that's when he got really nervous and really quiet and backed away from all of it because I think he had some scary things said to him during that period of time because thinking about that's like the biggest slush fund in the history of the world is that like block money that gets spent on Medicaid, Medicare, Social Security. So imagine like how dirty that cesspool is when you

look into it. But that's what's bankrupting us. Jeff. Yeah, you agree. And the other thing is, you know, he's 2.4 million people over 10 years. That's not a real reduction. That's cosmetic. It's more theater. And again, this is why people are so fed up with us. Because their initial reaction to the story is, okay, good, because we know there's a lot of fraud that takes place in the snap. We can see it when every time we go to Walmart, right? And then they come out and say, well, we'll get rid of 2.4 million people out of the 41.7 million. Already, you're like, what, wait, what? That's a small percentage. And over 10 years, which means you're going to limit a couple hundred thousand people per year? This is, either we're being glad to.

But what does it tell you, though? But what does it tell you? It tells me something. It tells me something. Exactly what you just said. No, what I'm, what it tells. It's a business. No, no, no. What it tells me is, and maybe it's the same thing you guys are saying. What it tells me is, if it's anything more, it could cost them 2028 and 2026 midterms.

But that's the business. The business is either, politics is about buying. Right, right, for sure. So to me, ideally, this needs to be what? $5 million a month, $2 million a month, a million a month, instead of $41 million? you're building people to rely on the system right okay so but to remove that what what's that party going to do what are those videos going to look like starving kids crying videos and they won't be a yi going viral emotional heartfelt how cold you're sitting out there having steak

having fogra having sea urchin i can't even go out there and buy some campbell soup where the food is shit based on one of the executives, and you're doing this to me? Ex-ex-executive. That's kind of like, so they don't want that optics. So they're trying to do it in a very, very subtle way. They're playing politics, in other words. Tom, do you have any thoughts on this? Yes, I do.

And I'll just, I won't repeat a thing that anybody said. I'll just take you back to Chuck Schumer. And when they started talking about Chuck Schumer got this little look in his eye. And I remember distinctly he was saying, well, so we want to, turn off food for that many and he was sitting or thinking to himself that that would be that was the evil schumer smirk that this would be a gift for the midterms because if you go after snap you're basically defunding um you know the the the the graft that's coming to a significant portion of the democrat voting block and he knew it and he knew it and he knows that there's carryover in the

independence in the middle and he knew it so he knew exactly what he was going to do and this is Schumer, basically what you're saying, Pat, is, I dare you to stop the corruption. I will get you at the polls. I know he will. And he was saying that. Yeah. Yeah. Question, though.

So, like, how many of those? Blight and cruelty and all this stuff. He was just, yep. Go ahead. How many of those 41 million are, our Trump voters are like, like, like, where are the votes that are going to be moved if he's not about the $41 million? No, no. It's how many of the $41 million will influence the 12% of independence to say, I,

don't think you're good, you're going to go the other side. That 42 million, the 41 million, influenced the 12%. Independence, which is who you need. Yeah, and you think they're propaganda could be stronger than the propaganda. Yeah. Yeah, I know. Do you realize the financial capital of the world just voted for a Muslim mayor from Uganda, who is a democratic socialist who set the end in mind.

The end vision is what, to seize the means. of production. His words... Chapter 1, paragraph 1 of the Communist Manifesto. And he goes and beats you in the city with the most billionaires. In the city with the most millionaires. You do that?

So to me, they're salivating for Trump to extend this even more and they're disappointed that the number's only $2.5 million. They were hoping it was $10 million over two years. That's what they were hoping for, which they didn't get. I want to play a clip here

to ask a question about why some young men are not getting married. Do you guys know Professor Galloway? As Professor Galloway, and the guy on the bottom was a hardcore soldier in a big war called Tropic Thunder who was like a very, very like a legit guy and he works out hardcore. He had a nice gym.

What was a gym called, Rob, in the Dodgeball gym? You know what the gym? Average Joe's. Average Joe's, yeah. I don't mega gem or something. By the way, do you know the girl in a movie that he pumps himself to make a job? to make himself look bigger.

You know that girl in a movie that ends up dating Vince Fonda in a movie? That's his wife. Really? It's his real-life wife. Oh, that's hilarious. This guy's apparently very close with Tom Cruise and a bunch of other guys.

But here's Professor Galloway talking about marriage is the new luxury item. Folks, do you agree? Rob, can you run a poll on this? Go forward. 60% of 30-year-olds used to have at least one child 40 years ago. Now it's 27%.

They can't afford to. And also, when you have a lot of young men who aren't economically viable, we don't like to have an honest conversation about mating. Men mate socioeconomically, horizontally and down, women horizontally and up. Beyonce could work at McDonald's and marry Jay-Z. The opposite is not true. 75% of women say economic viability is key to a mate, only 25% of men. So when men are not doing well economically, we have an absence of mating.

We have an absence of what is the opportunity to do the most rewarding thing in the world, and that is build a family where you get to that point of building something with someone else. It's tough on women, but it is absolutely disastrous for men. It just makes me very upset and rattled to think that the most rewarding thing in my life is effectively off limits. Marriage is a new luxury item. Four-fifths of people in the top quintile of income-running households to get married. Only one in five men in the lowest quintile ever have an opportunity. to make. Only 80% of women have reproduced in our species on the planet, only 40% of men.

Women are disproportionately and unfairly evaluated on their aesthetics. Men are unfairly and disproportionately evaluated on their economic viability. And a society collapses on itself because those men get angry. And the most dangerous person in the world is a lonely, broke young man. There you go. There you go. My dad would say that all the time. Tom, your thoughts on this? Yeah, we're not here to promote anybody, but Prof. G. has written a couple very interesting papers on this that I think both Pat and I agree with. And he's broken down the stats exactly as he's talking there. You know, what we need is, you know, this isn't something you can change at the voting booth. This isn't something that you can change overnight.

We need a viable, thriving economy that is building the kind of job. So these men are employed and are attractive mates because what I said about women is true. It's not just these, you know, so-called super aesthetic women that are marrying the rich guys. There's women out there that want a stable, honest, clean guy to have a life with. And when guys are all by themselves, as Prop G said, you're in your bedroom all by yourself, playing video games, isolationist, you know, the online world. is your world. You're not building yourself socially. And then never mind, you go out to find a job and in certain areas you can't. You know, we need the economy to be booming so that people have

jobs. And guess what? With the job comes pride and self-esteem, good pride and self-esteem and attractiveness. And guess what? You find women that are attracted to that. You have kids and you build the strength and fabric of the country that values all those things. But you've got to do it one step at a time. and you've got to do what you can do to reach across and encourage and help people, you know, raise up. And that's where my heart is. When I say I leave people better than you found them, that's what I try to do. When I say that I'm always willing to talk to people about how do you find a way up, that's what I'm trying to do. That's me.

Jeff. You know, I'm going to go back to college here. You know, what did men do long before everybody had to go to college? What kind of jobs that they end up gravitating toward? Yes, though there are not as many of those as it used to be. Farmers, construction, hands, plumber. Right. And so what we did as a society is deviate and rechannel a lot of that effort into what goes on in colleges these days.

Unproductive uses. It's, you know, the old Austrian economic term, malinvestment. We're malinvesting in our human stock by forcing people to go to college when they should be doing something else. That's not the only reason. Don't get me wrong here. I'm not saying that's the sole answer here. but that's part of the problem here is we've overestimated the value of college education. And maybe there was a time when that was the case,

where college education actually did build up the intellectual stock of the labor force. But that ship is sailed. That passed a long time ago. Now we just mass-produced all of these people in the college. And we don't give them productive skills. In fact, we give them, they end up being lost at the end. They end up overburdened with debt. They're lost.

They have no real idea of where they're going. And they don't really have any productive skills that can be used to build. a career and therefore a family. So, yeah, I'm going to demonize college again. And we allowed them to go into decked in our history degree. We encourage them to. That's the thing. The incentive structure is you have to go to college.

If you don't go to college, you'll be left behind. There's no underwriting qualification because that's that university that had that student loan partner immediately sold it to the processors at the U.S. government. But it's all backwards. There is no risk. There was no risk. You know, you think the mortgage crisis was bad because they weren't underwriting and they were doing Nina loans and stuff, that is nothing compared to, excuse me, the shit that the

student loan processors, you know, do after the fact on payments, but that the student loan providers do with no thought to the underwriting and what you're doing to these kids. Now, you signed on the line for that car payment. You got that high car payment. The individual has to be accountable for their actions. They are, and I'm against the-but-they don't have the information. But they are getting, there are drug pushers. in the registrars office that are pushing these student loan options.

No, no, don't drop off. No, I'm just going to say. Just sign here. But most college kids don't have the information to make informed decisions. Number one, their parents don't tell them their schools. Their schools are incentivized to push them off into college. That's the case. And nobody tells them, if you go to this school, you're expected net earnings over your lifetime

is going to be X. Everybody thinks it's huge. If I go to college, I'm going to be rich. because once upon a time there was a differentiation where if you did go to college you ended up in the top end of the income spectrum. But that's a long time ago.

So you can't, people don't realize that they're actually going in the wrong direction by going to school. They're getting worse off, their net worth, their future net worth is going down and that's partly to blame of what we've seen, what we just talked about here

with the lack of family. When you're going to get a car loan, by law, there is a square that is in the middle of the page, one third away from the top, and it is the total of all these payments. when you sign for a car loan they have to by law they have to tell you that by way here's the information there's your payment there's your rate that's you're paying for the car and there's the top total of payments they're all together they're right on a line right there have to be shown that's not the case when you get to the student loans so it's their fault for taking for not thinking i'm getting a $300,000 student loan am i going to make $300,000 extra over 10 years to pay this back maybe if i'm a cardiologist You know, or something?

But they've been told yes. They've been told the answer is yes. Go to school, take out the debt. It doesn't matter because when you come out the other side with a degree, you're going to make X more money than you do. I know they've been told. I'm saying it's a tragedy, but I'm also saying there's personal responsibility

signing that paper. Sure, sure. Yeah. And I think it's more than that. Tom rarely says shit. The only thing I ask of you, Tom, next time you're going to say that, just say earmuffs. Give it a second, then drop it.

Go ahead, Brian. I'm sorry. I have to. I think it's a little bit more than that, too. I think that there's just not enough urgency amongst people because, I mean, ultimately, like only 20% people, I think, are motivated, like, exceptional people. And then 80% people are just, like, you know, less motivated, unexceptional people. And that's the way it's always been.

And no matter how much people want something, it's going to be less people than the majority of that, like, do everything possible to improve their situation to, like, you know, be at the top of echelon society. I mean, it's, like, I think there's something to be, like, hopeful for guys. Like, I would send Rob this chart here because it shows that most of the time, like, guys don't even appear most attractive until they turn 35. So this shows, like, when girls are considered, like, the most appealing and when guys are most appealing. So, like, girls peak at age about 23 in terms of, like, they call it sexual market value. And then guys peak around age 35 because that's when they come into, like, their physical and financial prime. So, you know, it's probably a lonely place for

guys are in the early 20s because the girls at that age seem like way out of their league and don't have any interest in them. But, you know, like, if you do pull all of your energy into improving yourself financially and, like, physically and all that, then, like, I think you're going to be in bare position than if you just mope about it. I don't know. I think 47 is still peak. So I don't appreciate that this chart. I'm not a fan of this, but... No, it's not. It's... So women peak at the boob on the left there at 23 and then the boob on the right at 43 men peeks. So it looks more like knees bent than they do boobs.

If your boobs look like that, that's a weapon, Tom. Well, remember, we were in L.A. where 86% of the boobs were not real. Yeah, but that's a terrible doctor. Like, that guy should get fined. That doctor should be, like, I want to read his Yelp reviews because there's complaints. Have you walked down the beach in Pennance? No, Tom, I don't know what the beach you go to. We don't go to New Beach.

It's right. Can you go back to the other chart that you had about swipe rights? Yeah. Go ahead, Randall. So that's nothing to do with money, by the way. So, you know, that whole article from Scott Galway, he was saying it's because of money only. No, it's also because it looks. Like, this is just purely looks.

Nobody knows how much money anybody is making on Tinder. And this shows that guys, they swipe right on 52% of women they see on Tinder, swipe left and 40% of 7%. Then women, they swipe right on only 3% of guys. they see on Tinder, then swipe left, meaning they say no to 95% of the guys they see on Tinder. So women are just, like, much more selective based off, like, visuals and first impression than guys are. So there's more than one factor. It's, like, not just finances, but yeah, the financial thing's definitely a thing.

The cost of living we've talked about it to death, that's a problem. But it's, like, there's not, like, a huge amount of motivated people that are, like, willing to do anything to get themselves out of that situation. Yeah, I mean, look, the question, is marriage worth it? The poll, here's what people are saying, Rob. It's a luxury item. This is what people said. 2,200 people voted.

Do you agree with Galloway that marriage is the new luxury item? Yes. 43% said no. Okay? The reality of it is it is very expensive to get married today. Okay? Very. But I will tell you, you know, you can buy a lot of things.

You can travel. You can party. You can have fun. One of the main purpose of being a human being. is to procreate. And I don't mean the exercise of it. Go at it. I'm talking about the actual idea of a kid

that calls you and says, Dad, where are you? Daughter calls you and says, Dad, when are you coming home? I run home. Brooklyn runs to me and she puts her feet around my back and hugs and puts her cheek against the cheek.

All the money in the world. You don't even think about it. You don't think about the success. You don't think about your success. you don't think about the money in the bank account, the investments, the people that called you, you don't think about any of that stuff. You just think family. And to not experience that as an individual, it's a travesty because it's a God-given tool, God-given gift, given to us to do something with that and to see that kid grow into somebody later on who independently, their

dreams are becoming a reality, they're figuring life out. And you always have these people that are walking around where your pain, your thoughts are with them, it's priceless. If you can find a way to do it, I'm not, folks, I'm not telling you to find a closest person near to you and go make a baby with them right now. You shouldn't. You got to choose that properly. Making a baby with the wrong person could be, you know, crazy as well. But it is something for you to be thinking about. Anyways, every year during Christmas time, we give away Christmas trees. And for some of you guys that are in Fort Lauderdale, Rob, do we have the dates for it? I believe it's tomorrow from 12 to 4. I'm confirming right.

now but tomorrow 12 that can't be tomorrow rob because i've never done a ct on this video thursday december 4th 7 to 9 p.m no no no we're changing that time okay we're changing that time because that's not we've not done a single ct on that so then let's let's not play that clip but anyways guys we're about to announce that we're going to be giving away christmas trees here soon uh on our property last year we gave hundreds away and people came through and it was a very cool experience we give away christmas trees and ornaments and bunch of other things so stay tuned for that and then And last but not least, Jeff Snyder, phenomenal as usual, brilliant mind. Go subscribe to his YouTube channel, Eurodollar University.

Follow us content. Rob, can we put all that stuff below as well for people to be able to find them? Jeff, great work as usual. Appreciate having you on. Tom Brandon, guys, God bless. On Friday, your favorite person will be on the podcast that I know you guys can't wait to see him. God bless everybody. Take care.

Bye, bye, bye, bye, bye.