BAES 112: Can China Destroy Starbucks?
00:00We're talking about Starbucks's demise.Yeah, potential demise.Could this be...Put them in the freaking dirt.Could this be their blockbuster moment?I think it is.Make it a blockbuster night.Make it a luck and coffee day.
00:11Starbucks seems to be going backwards on this.They're like, no, people want to chill.People want to hang out with other strangers.People want a stinky homeless guy coming in and using the bathroom and stink.When I think about Starbucks, I think public restroom.They were like, Starbucks is pushing back.They're fighting back.They put it in the ad on an empty storefront across.
00:30street that just says Starbucks.And they put an ad on the subway stop rightnear the Luckin.And they were like, we intend to pushback. We're going to push.Luckin doesn't come into our territorywithout a sternly worded advertisement.People are, uh, they really like the coffee.
00:46No, no one likes that coffee.I like the coffee, but I also have bad taste.I think this plan could work in suburbanplaces like me in suburban New Jerseybeing like, Starbucks, this is the place.Holy shit.This is your culture.This is where culture is happening in central New Jersey.
01:05This is the place.Wow.Mom, can we go to Starbucks?I'm looking at a time with me.Tell me what's going on.Tell me what's going on.Woodoo lady, shaking that stick and driving my crazy.Drive me that's crazy.
01:30Welcome back to another episode of the Ben and Emile show.How's everyone doing on this summer day?Time flies when you stink like shit.Time flies when you smell bad.Did you give the guy five bucks in the parking lot?I gave him five.Was he happy?Well, I didn't see him.
01:49So I was like, you got to be kidding me.Because we got yelled at yesterday.And then I started coming in.And I mean, I start leaving.And he's like, hey.I'm like, okay, I didn't see you.I was pulling out my phone to pay the app.So I got you, pal.
02:00Did you pay, Connor?A $10 promise?Wow, that's bold.I gave him $5 and he said,thank you, my friend.It's a parking lot guys where there's an attendant,but it says there's signs everywhere that say,do not give cash to a person.
02:17But then there's an app that you got to useand the guy insists only when I'm here,do you give me cash?If I'm not here, then you use the app.Very confusing.Anyway, we got a great episode.for you. We're talking all aboutnot this. I'm holding up
02:33a Starbucks thing. I was going to follow.We're talking about Starbucks's demise.Yeah. Potential demise. Could this be... Put them inthe freaking dirt. Could this be their blockbustermoment? I think it is.Make it a blockbuster night. Make it a luck andcoffee day. I don't like that nameLuckin. Luckin. Lucking. It makes me feel good.
02:50Luckin. I should, I think I got someone I was in China.I can't remember. I just realized too beforebecause we were going to talk about something elsepretty briefly, because we were going to talk about, we were thinking about Fable's new thingcalled Showrunner, which is this AI thing where it, you're at presuming that people know whatFable is.It's Fable's new thing, Showrunner.I literally was about to explain how Amazon had purchased it, but you jumped right down my throat.
03:14Sorry.Go on.Amazon basically purchased this company and they think it's going to be, you know, the Netflix of AIwhere you can, which was what we've been joking about, people creating their own content and beinglike, do this.in that. We're like, eh, because we played aroundwith it. We were in the Discord. You can barely useit. It's pretty minimal at this point.
03:34But Ithink I had a dream because of it.Whoa. Someonerecently said,I just rewatch Mad Men. You should rewatch it becauseit's great.But then last night,what the money's for? I must have been
03:47thinking about Fable's new AI programshowrunner.I remember what you're really confusedbecause I was just watchinglike madman episodes that I had made upand like the last one that I woke up towas like Don Draperand the boys playing pickup basketball
04:04and I woke up just so pissedbecause I was like this is stupidI don't want access to this thingI don't want to be goneDon Draper has to playanother ad agency in basketballthat'd be kind of fun actuallyit'd be kind of fun you know
04:20I don't want this and every time he dunkson him or like scores a point he sayssome witty copyRidiculous. And Roger Sterling's smoking cigarettes on the...Great job, Draper. Yeah.Yeah. I never watched it. I started to watch it actually. AMC. I was so pissed at them.It was like a madman, what do they call that? Extravaganza or like a marathon. Marathon.And I'm watching it. I'm like, okay, great. I'm going to finally get acquainted with Mad Men here.
04:46They were playing them out of order. They were just playing random episodes. So there's one episode where the one guy comes out of the closet and he's gay.And I'm like, oh, good for him.Harry?I don't remember, but then the next episode, he's back in the closet.I'm like, what the hell's going on here?I thought he was gay.And it took me like three more hours to realize that I was watching him out of order.So I went, okay, I'm done here.
05:09I'm done with this.But this is what I think the AI is going to teach us that we're not as, we're not as creative as we all think.I want Matthew Weiner to do Mad Men, not me.Matthew Weiner?That's the guy who created it.Oh, I believe.Who's his co-creator, Tommy Penis?there you go
05:25is it Matthew WeinerMatthew WeinerJust say whinerIf you're already at that pointYeahHey my name is Matthew WeinerDon't do that to yourselfBut
05:36But if you leave it in my handsI'm gonna be goingMake Don play basketballYeahI want to see himMake basketballMake play basketballAnyway
05:46Ben and Emielshow.comWe got a great bonus episodeFor you todayPeople are early reviews are inAnd honestly the bonus episodesAre really greatThey're calling themThey're chaotic.
05:55They're already calling them the Babu Frick trilogy.So.Hey, hey.Hey, hey, hey.So you're going to want to tune into that because you can't.Anyway, this week we're talking all about Luckin' Coffee, which is Chinese.Something Chinese this way comes.Something Chinese finally happened.
06:15Something Chinese is currently happening.Chinese has been happening.And I predict that Starbucks won't get blockbustered, but I predict.that they will be significantly knocked down a pegbecause they're currently valued at like $110 billion.Also, not to skip ahead.I also think they're making like all the wrong decisions right now.No, 100%.
06:36We'll get to that.Yeah, yeah, yeah.Yeah, they're making wrong decisions,bad decisions.Silly, stupid, dumb, dumb decisions.We also got to talk about,I don't know what state he'll be in when this comes out,but I think at time of recording,
06:49Trump is stuck on a roof of the White Housesaying he's just going for a walk.I'm just going for a walk.Well, isn't, aren't they getting renovating it or something?Yeah.But it's funny timing as we've got to go through Epstein's.Yeah, we're going to go through also.We're going to go through Epstein's apartment.
07:05It's a virtual tour that the New York Times is allowed on.And it looks like a timeshare you would stay in somewhere in San Diego County.His office room looks kind of like a timeshare.I could see some of the rooms.Yeah. Weird, weird, weird design themes.But we'll talk about all that.and then maybe if we have timewe'll talk about these
07:27I don't knowsome airline shit but any hoomstluck and coffee you knowfolks I remember and this alsoI meant to bring it up with EdwinEdwin is a guy that we'reit's in an episode coming up yeahit feels very similar
07:43because we talked a lot about Chinesescams in this upcomingepisode but so I rememberwhen Luckin Coffee started tradinghere in the United Stateson the NASDAQ. It was a big deal, and I was pissed off because I didn't buy any.And the stock immediately did quite well. It's really a remarkable story of growth.I really don't know how they did it. And when you're researching it, it's just like,
08:08oh, yeah, they started. And then a year later, they had thousands of stores. And they did amarketing campaign. And it's like, okay, cool, give me the nitty gritty, baby. But so, yeah,they started in October of 2017. Fast forward to now, almost, uh,just about eight years later, they've got 26,000, over 26,200 stores globally.They operate shops, kiosks, stores, and they sell coffee, tea, and food stuff.Yeah.I mean, in China, famously kind of a tea-drinking culture, but Starbucks actually came to China in 99, 1999.Did not know it was that long ago.
08:46Yeah, and it didn't take long for lucken to overtake them in China.They opened in October 2017, and they overtook Starbucks within a year.No, in 2023.Oh, it was 2023?Well, because I have just a year after they started, they had 1,300 stores and were the second biggest in China.They must have been second biggest to Starbucks.Yeah, yeah, exactly.Well, so nine months after they started, so they started October 2017, imagine this.
09:17Nine months later, they get an injection of $200 million in financing.That's a lot of coffee.That's freaking huge, man.What the heck?It's in that's Chinese water over there in China.What are they drinking over there in China in that water and that tea?Holy moly Monticeoli.So they attributed it to their aggressive marketing campaign, actually.
09:37They were spending three times as much as they earned to promote their luckin coffee.And it's interesting because when I was looking online for the pronunciation, this isn't a joke.I believeDon't make it a jokeI believe inin Chinait's pronouncedRue Rishing
10:00which meanshappiness and luckSo now they call itLuckin for the AmericanversionYeahbut it'syeah
10:08Rue RishingRishing CafeRishing cafeSo but we call itLuckinHow about that folksThat's interestingSo then they listed
10:18on the NASDAQin 2019I watchedit. I believe the ticker symbol was LK at the time. I want to say it was LK. LK. LK.C. Something like that.But man, oh, man, was it just the talk of the... I mean, it's still... So, oh, we'll get to it. But, man, it's trading currently for just about $38 a share.Yeah, they've had a bit of a comeback after the whole...An unbelievable comeback. Look at the five-year chart. Press 5 Y.You might have to go out further.
10:48You might even have to go out. Yeah, further.There it is.Well, so it peaked at about $51 in 2019, and then the scandal hit.Well, not quite.So just before the scandal hit, same month, early January 2020, we all remember what was going on.Chinese people were dropping dead in the streets.I'm watching it unfold and I'm going, what is going on over there in China?Holy canoli.
11:17So early January 2020, Luckin Coffee raised 8,000.$21 million in share and bond sales, plus another $400 million in this five-year bond that theyhad. But then later that very same month, January 2020, Muddy Waters, which is an activistshortseller, posted an 89-page investigative report on Twitter saying that Luckin Coffee falsifiedfinancial figures. And this pertains to what we were talking about with Edwin, which is thatI think it might be gone.It doesn't happen anymore.But there was, at the time, this culture among Chinese companies where they would fudge their numbers.
12:04I don't know what the hell to attribute that to other than just like, I don't know, bullshitting to make it.Probably more attractive for investors.I still, but it's like so openly dishonest to just like lie.I'm sure it's not just the Chinese thing, but...No, but I mean, on U.S. exchanges, it's overwhelmingly Chinese-listed companies.But so Muddy Waters was alleging that they were...The number of items per store sold was inflated by about 69% and 88% in the third and fourth quarters of 2019.And they said that they had gone through 11,200 hours of video footage proving that.
12:48no idea how they got that. Honestly.Like, how do you get, and how do you even combed through?I could believe it now if they were like, I built an AI model that scans, whatever.My man, in 2020.11,000 hours. How many?11,200 hours. That's at least a week.Let's see, how many, how many hours divided by 24?How many days is that?
13:08I'm going to say, 458 days.Whoa, I was way off. I said a week.Golly.Oh, I didn't add the 200. I just did 11,000.I'm an idiot.It's 466 days.Man, I suck at math.I mean, how did they even go through all this?
13:22I really don't know.Maybe they had multiple people working on it.I don't know.Hey, gang, we've got to take a quick break to talk to you about Gooder.I use these things all the dang time.These are my favorite sunglasses for playing sports.They are lightweight.They are polarized.
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14:13That's right, free shipping.You can go to gooder.com,and use code bays for free shipping.Goeter offers a 30-day money-back guarantee and 100% satisfaction.Again, that's Gooder, g-o-d-r.com slash bays, and use code bays for free shipping.So it affected the stock at first, but then luck and coffee obviously denied it.They were like, this is bullshit.And then in April of 2020, just a couple months later, they announced that they were doing an internal investigation.
14:44And then they finally, they had no choice but to cop to it.They found that their chief operating officer, Gian Liu,had fabricated their 2019 sales by around $310 million.Okay, that's a rounding error.No, no, no, no.Let the boys have a little fun.They were, and it's so heartbreaking because you see the greed that was going on with this guyand the others involved his cohorts because it wasn't just Jean-Lue.
15:13but they were on the upward trajectory already.They were doing well, and this clown had just felt for whatever reason to inflate their numbers by that much,I guess to keep up with the growth story so that the stock would continue to do well.Well, shortly thereafter, the China's regulatory commission announced that they're doing an investigation.And then shares started a fall and they fell.understatement. They fell 80%. And then trading was halted.Often. Absolute cliff. Oh yeah. It was insane. Trading was halted on April 8th.So for the audio listener, we're looking at the chart here. And it's like there's, it started to kind of drop out a little bit around, you know, in the lower 30s. And then boom, one day is just down 80%. And then three days later, it just stopped trading. They halted it for almost two months.
16:11So if you had stock in Luckin, you were pooping your pants every single day.Did you ever get into it?No, I never touched it.But you heard people talking like, hey, there's this new Chinese coffee company.I think it's going to be big.It might be the next Starbucks.But when all this stuff came out, it was like, oh, there it goes.Another bloated, over-exaggerated Chinese scam that all of their growth numbers are faked.
16:38So there's no telling what's real and what's not.And for people like me, I just swore it off forever.I was like, all right, I have no idea.This is just, this stinks to high heaven.It's a scam.It may be a real, I knew it was a real company, but I was like,there's no way you can trust these numbers ever again.But that was 2020, pal.
16:57Exactly.We're in 2025.So we'll get to that.But in mid-April, a bunch of these people just got absolutely reamed.Mid-April after the stock had already been halted,Goldman Sachs had a deal with the chairmanLou Zhang Yao, he defaulted on a $518 million margin loan.He had used his stock as collateral.
17:22And when he defaulted on the loan, they seized and sold his luckin stock.They must have done it off market because the stock was halted.But that $400 million bond also just got liquidated, sold for like pennies on the dollar.And then he fast forward to May 20th, starts trading again.but it didn't stop therebecause on May 28th,the Wall Street Journalreported that the chairman
17:47and a major shareholderwere in on the scandaland it fell another 20%.And then it was delistedfrom the NASDAQ on June 29th.It just kept...I remember following alongand just being like,
17:59Jesus Christ.It's a wrap on luck.What the fuck is going on with this thing?How do you come back from this one?And then in December of that year,the SEC settled a casefor $180 millionwithout the company admitting any wrongdoing or anything.
18:13The allegations were defrauding investors,misstating revenues and stuff.And then in February of 2021,they finally filed for Chapter 15 bankruptcy,which I had to look up.It's bankruptcy, it's restructuring involving international concerns,like luck in coffee, international companies.And then in September, they planned to restructure
18:36and they settled another class action lawsuitfor $187 million.December 2021, they restructured a ton of their debt.They settled lawsuits.March 2020, they're out of bankruptcy.They replaced the top management.They replaced the chairman, the CEO, and everybody else who did the fraud.And now look at them.
18:55The stock went from like $2 in change to now they're back at $35 a share.And I'm so pissed because looking at this chart, I'm like, oh, my God, you zoom out.And it's just, holy shit.I would have assumed that theythey like got ridof this stock and then re-filedre-IPOed or whatever. No.They're absolutely crushing it.
19:18Forget Bitcoin. I wish I bought intoLuckin at its bottom, huh?It would have been like a 20x return.2,000% return.But yeah, it's not 2020 anymore.Okay, it's 2025.Now they're run by...First year of America's
19:30long century of humiliation.Their time has come.Now they are,run by a Chineseprivate equity firmcalled Centurium Capitaland they're now in Singapore, Malaysiaand they just started
19:47New York City. Yeah, they got20,000 locations.If you'd never heard of them before, it's because all of those20,000 locations are, I mean,most are in China, but, orthe rest are in Asia.And nowthey are here to plant their flag in
20:03America. I believewhen they, this is just the beginning, becausethey have two in New York City right now in Manhattan.And when they opened, they said,this is just the beginning.Oh, yeah.So more luckins are coming.And it's so funny because,
20:16according to this,there was one article I read,I think it was Wall Street Journal or something.They were like,Starbucks is pushing back.They're fighting back.And I was like,whoa,
20:25what are they doing?Holy shit.What they're doing,all they did was this one location.They put an ad on an empty storefront.They put an ad on an empty storefront across the streetthat just says Starbucks.And they put an ad on an ad on.
20:36on the subway stop right near the, uh, the Luckin. And they were like, oh, we intend to push back.We're going to push. Lookin, look it doesn't come into our territory without a sternly wordedadvertisement. Yeah, they put a, according to the article, they put a bunch of glossy photos of thelogo, a model, and beverages with hello summer written across. Meanwhile, this is while, uh,Luckin is doing aggressive campaigns of, of, I don't know how long it's going to last, but alldrinks are a buck 99 i think so i think it's when you download the app because that's the thingit is just you can only order luck and coffee via the app and they have ads all over new yorkif you download the app your first drink is a dollar 909 most stores have no seats some of them
21:21will have very little seats it's not a very chinese this is not they're not coming here to a fancycoffee shop um they know what they are they know they're they're trying to are you trying to justgrab a coffee on the go good great place it on yourplaces on your app and coming in and get it. It's a buck 99.Yeah.But be careful of those Starbucks ads because while you're trying to get your buck 99 coffee,you might be like, how could I turn my back?Yeah.
21:44On my one true love.The Seattle Roasters.So they are, they're not going to happen.You can only order via the app.They're collecting all this valuable data.Meanwhile, Starbucks, only 31% of their business is done via the app, which I love.I love that.I've also found it surprising.
22:01I thought the Starbucks app?No, I, uh, that number.I found surprising.Too low or too high?I thought it would be way higher.Oh, yeah.But I guess Starbucks is different thingsdepending on where you are.
22:13Yeah.I guess my experience with it is New York and L.A.And I just imagine people walking upand grabbing their thing and going.I don't think that Starbucks is salvageable at this point.They are known as being,they're now a major, major,uh,
22:31faceless conglomerate.Right.giant mega corporation.What they're trying to do seems so, so they are still the bigger one.I think as of right now they have over 40,000 locations worldwide.Luckin is at 20,000, but Starbucks seems to be so behind the ball on this.Well, Luckin is fully leaning into the fact that people just want a quick, cheap, on the go coffee that they can grab.And for it to be very easily done through an app, Starbucks seems to be going backwards on this.
23:02They're like, no, people want to chill.People want to hang out with other strangers.Yeah.So they're closing a bunch of...People want a stinky homeless guy coming in and using the bathroom and stink.I do think people...I do think people want that kind of coffee shop, but I don't think they want it from Starbucks.Starbucks has completely ruined their brand and turned it into this...
23:22Yeah, the conglomerate thing you're talking about.Honestly...Although the one near my house is pretty nice.There's always people in there chilling.They do be chilling at the Starbucks.That's a Starbucks reserve, though, isn't it?Isn't it?So it's reserved for good.
23:34looking people. Isn't it like one of those really nice ones?I can't remember. I don't know. It might be.It might be, yeah. There's like leather chairsand stuff. They have no outlets, which isfunny. They preach wanting this wholeintimate experience where people can go hangout and yet they're like nooutlets in our Starbucks because we want people to
23:52not camp there all day. Isn't that the wholefucking point? Yeah, I mean, I don'tunderstand this at all. When I think about Starbucks,I think public restroom.Yeah, same. I'm not even a, likeI'm not really a coffee drinker.I've spent most of my adult life in New York or L.A.The only time I've been like, oh, fuck, is there a Starbucks around?
24:10It's because I have to piss.By the way, speaking in public restrooms, why are in-and-out restrooms so disgusting?In-N-Out burger?I haven't been in an in-out.There's so, every time I go in when I'm like, how is this place so clean otherwise,but the bathrooms are just a disaster zone?Speaks to the food.What's it doing to your bowels?
24:30Why is it making you do that?They keep the whole place clean, but they can't keep up with your dirty.assI'm going to takeanother quick breakto thank a sponsorof the showyou know
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25:43helped them live a healthier life. Feel the difference no matter your routine.So tasty. So why don't you eat smart at FactorMeals.com slash Bayes 50 off and use codeBayes 50 off to get, you guessed it, 50% off plus free shipping on your first box. That's codeBayes 50 off at Factor Meals.com for 50% off plus free shipping.Get delicious, ready to eat meals delivered with Factor.Amen.So they're closing a bunch of those mobile-only stores.And they have plans to refurbish existing location.
26:19It's going back to...This is Starbucks.Writing your name on the cup and wants to rebuild the community coffee houses and morepersonal experience.Look at what they wrote on mine.Thanks, Ben.See, now this is the kind of shit.Who watched that from Starbucks?
26:31It's so stupid of them.Because like you said, they're, so like you said, Starbucks is spending $150,000 per store to remodel and add more comfy seats.The strategy by CEO Brian Nicol is called Back to Starbucks.Back to Starbucks.And I didn't even know that they had these transactional mobile only stores.But to close them, you would think that they're just printing money.Yeah.It's so assing, it's so ass backward.
26:59I think they don't know what they're doing.And I think, uh,I think the new CEO is like...I'm Brian Nichols.What if we went back to what...Because I do think there was a timewhen people liked Starbucks.I think they thought it was cool that...
27:11I mean, I'm sure, especially in the burbs,people were like, wow, look at this.We have this cool Seattle roaster coming to our town.And honestly, if you're younger than us,you probably don't remember,but they would have...Do you remember they would have music and stuff?Cdys?
27:25Well, you were checking out.You could check out the CDs.It was Dave Matthew and Cheryl Crowe and Coldplay.Yeah.Coldplay became...A Starbucks.They're the same thing to me.They really did try to make it this weird cultural.
27:37Yeah.You could hang out and do work and pick up the latest Cheryl.It's where teens would go.Like, I, man, I remember my first taste of a Frappuccino.Holy shit.I was like, this is unbelievable.I will say I haven't had it in a year, so I can't speak to how it is now.It's just ice cream.
27:56I used to love the hot chocolate.I think they did the hot chocolate in a really nice way.I don't know if they still...do it. I was also pissed when I had their, their breakfast foods, they've got these like sausage,you know, a McMuffin basically and in other shit. I'm like, when I discovered that, I waslegitimately impressed because it's, it's good for what it is. And I was like, why don't theyadvertise this? They should be. The breakfast is bad. The breakfast is fine for what, for what it is.It ain't bad. Microwaved. That's how they got to do it at scale. That's how you do it. That's how
28:28you accomplish it.But that's what I'm saying.If you really want to get people in, for example, that coffee shop that's that we like,that's not so far from us with the good baked goods you like, they have nice food in thereand stuff.Yeah, it's good food.People hang out in there because it's not a fucking nightmare.Yeah.
28:46Like you can go in and be like, you know what?I'll sit with my laptop.I'll get nice breakfast.You can't scale that anymore, not in this day and age.But why would I want to go in Star?Why would I want to hang out in Starbucks?When you got no other choice, Starbucks, when there's nothing else available.And you got a piss.
29:00Right.That's kind of thing.People are like, well, I think Starbucks will be fine because people are, people are, they reallylike the coffee.No, no one likes that coffee.I like the coffee, but I also have bad taste.Right.Yeah.
29:11If you really are worried.I truly have no taste.If you really are worried about the coffee, you're not going to Starbucks anyway.And so if you're like, hey, we have this easier experience where you don't have to comeinto this public restroom.Yeah.You just order on the app and leave.And you're done.
29:24Yeah.Yeah.It is funny that they're, because they're also, Starbucks is also dealing withtheir fifth straight quarter of slowing sales.And it's just funny because their ticker symbol is SBUX. There you go. This is good tohave up. S-Bucks. Let's see where they're at. Stockwise. Yeah, you can click and click and hold.There's still, I mean, they've just been going sideways for the last, for the last while.Zoom in a little bit. If you just kind of, there is funny, though, because how much growth
29:58can they the some of these articles were so funny because it was like luckin luckin's one locationdowntown was on a block where two Starbucks locations used to be right right across fromeach other and shut down it's like guys what the hell yeah that's like there's this um on beversorry guys this is going to be a hyper local uh one but there's uh first of all in my hometown longbeach on this one street in a little neighborhood called belmont shore i'm talking it's a milea long street, maybe. Three quarters of a mile. Two Starbucks on the same street.But, similarly, on Beverly Boulevard and, like, Libreya.Those are going to be a luck and soon. There's two Chevron stations, caddy corner.
30:44There's one on one corner and one right across. I'm like, how the fuck? Did nobody callone another? Reminds me of the old Brian. You remember Brian Regan, the comedian?Yeah. He's got, he's like, you ever see two log,trucks pass each other on the highway?He's like,seems like a phone call could have saved a lot of time.And then he mimes that he's like,you had logs?
31:06I thought,I thought you needed logs.Anyway,like two logging trucks passing each other.I just love that confused.You had logs.Oh,anyway,
31:21Starbucks thinks that people want to hang outand they think that simple shitlike writing messages,personal messages on the cupsis what will savepeople do want to hang out in coffee shops they don't want toyeah but this means nothingwhen I see this I'm just like oh yeah that's just
31:36what they do it's not like a specialthing it's not like a that makesStarbucks specialto me it's nothingit's yeah soevidence by the fact there are manythere are so many placesjust in like my neighborhood
31:52alonethat are jammed with people justhanging out.But the coffee is all, I haven't, I don't drink coffee, but people love the coffee.They, like, uh, and the vibe is immaculate.The vibe is fun. It's not a fucking Starbucks.Yeah. Um, and they have, they have good food and, you know, things that make you actuallywant to stay there. Starbucks is good when I wake up and I got to get somewhere, but I need to
32:19move my bowels. So I just go on the app. I buy coffee. I go over there. I drink the coffee.And I got to go. Yeah. Now just imagine it was a lot. Yeah. Now just imagine it was aa buck ninety-nine you do it right on the luckin app they know they they they got all your stuffright there for you they're sending you coupons yeah they so so that's what it boils down to here folksbut they also have fun drinks don't forget the fun drinks okay they do they've got like because thecoconut latte and if the velvet latte latte doesn't do anything are you saying latte latte lattehow about an apple frizzy americano do you have just tape on your thumb by the way is thatjust tape it's medical tape yeah oh yeah okay yeah some of that there was explain it to you
32:55No, no, it's okay.There's one called like kale, a kale drink, super kale or something like that.Yeah.I mean, I'm excited.There's a pineapple latte, which sounds gross.The one lady who was describing it said it was a bit chunky, but one guy said he'dlike the chunkiness.I liked, they were interviewing some people who, some New Yorkers, and there was one
33:17guy who's like, why are they shutting down the pickup only Starbucks?I like this.I don't want to go into a damn coffee shop.That was the cop in the financial times.Outside of mobile pickup only, Starbucks and Manhattan, policeman Giulio Guadalupe, what do you want?Greeted news of the sunset plans with dismay.That's referring to them sunsetting these mobile only stores.These sunset plans, I'm filling me with dismay.
33:43The 46-year-old officer, Scorn sitting inside coffee house is calling it pretentious.It's pretentious as hell.If you just want to go and grab your coffee, this is awesome.He said of app-based coffee pickups, 100%It's where this country is headed.Honestly, if I was Starbucks, this is the...Dude, that's what I would lead into.I'd be like, you guys want to get cop coffee at Luckin?
34:06Lucking, the coffee for cops love.That's pretty good.That's pretty good, man.The official coffee or the NYPD.Yeah.Those sick fucks think it's pretentious to sit in coffee shops.So, I mean, what do you guys think out there?Let us know.
34:20Who is Starbucks overvalued at $110 billion?or is Luckin undervalued at $10 billion?Which will win out?Experiential coffee shit with Starbucks and, oh my God,they write a message on my cup and I get to sit aroundand twiddle my thumb and sit on my own thumb.I haven't been to the one by your transactional.It's transactional the way to go.
34:46I haven't been to the one by your new place.But I have been to the one by your old place.Remember we would...On Hillhurst?No, no.we would stop like your old old place sorrywe'd stop on whatever it wasoh yeah on sunset um
34:59and I would sometimes come inif I had to go to the bathroom or somethingStarbucks or just bathrooms to meyeah it's totally trueand that place wasdepressing or I would not want to spendone second longer in there yeahyeah I mean some some for I mean
35:15listen that place should be fully justa window handing youwe talk a lot about like well actuallywe don't but we've referenced beforethe whole need for third spaces.Yeah, but it shouldn't be a fucking corporate-ass Starbucks.Also, but like, how do you even fix that?Like, that Starbucks, okay, let's say it's one of the,
35:35it's let's say it's one of the restaurants orlocations receiving the $150,000 for renovating.Yeah.It's not going to fix that.No.Well, that's because that whole strip right there is just haunted and it sucks.Sure.But you guys can't, I mean, it's the most depressing ass.
35:52But I can, I can, I can,think of any number of Starbucks in Manhattan that are not on cursed strips that are justbleak vibes. Yeah. Yeah. Because yeah, I mean, that's, you know, right on 7th Avenue in theWest Village. It's like, it's like the same thing with McDonald's. Everywhere, every fast foodthing. Banging on the door or the bathroom because I'm like, I got to get out of here. Get out ofthere. What are you doing? It's all, yeah, it's always, there's always someone stinking up theplace. It's like Dunkin' Donuts. Dunkin. Dunkin. Dunkin' Donuts have similar.terrible vibes.
36:24Yeah, all of these places have bad vibes.But Dunkin' Donuts, they know their place.They know what people are coming in there for.I still remember trying, I was like excited to try a Dunkin' Donut.And I was like, this is the, this?It's bad.They're not good.I was expecting something better than that, but man, oh man.
36:44But this is that, you need to let go of the past Starbucks.Those days are behind you.Luckin coffee is like, their whole thing is get the fuck out of here.Or take your shit and leave.Get, go.They can somehow merge with urban outfitters or something and have millennials flicking through vinyl or something.It's not going to happen.No one wants to hang out in there.
37:03Who the fuck was buying a CD at Starbucks anyway?That is a good question.Who?I guess it was just like moms.Sorry, Mom.I think my mom probably bought like a...I do get it, though.They have that history.
37:16I, you know, I thought it was cool when I was a kid.Why?What was cool about that?Because I grew up in the suburbs.There was nothing.Oh, yeah.It was like, can we go to Starbucks?What else was there?
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39:08So remember my friend Caitlin was like, oh my God, she had a real raspy boy.She's like, let's go get frapicinos.And I was like, what the heck is that?She said, oh, my God, you've never had a frapuccino?And we hopped in her cool VW bus.And I tried one.And I was like, it's like that episode of The Simpsons where Bart and Millhouse try like a super slushy from the Quiky Mart.And it's just like all syrup.
39:32And they turn into little like they're just fucking all over the place.You remember?No.No.Okay.Well, it was like that.I just was like, my world is rocked right now.Yeah, squishy, squishy.
39:43Yeah.They turn into little, I don't think we'll be able to play this.Now, yeah, we'll get copyrights truck so fast.But it was like that.And then I remember working my minimum wage job at Dairy Queen.Whenever I had some extra cash and some extra time to kill, I would just go Starbucksand get a frat, man.I mean, Starbucks is kind of how I figured out that caffeine does not agree with me.
40:06Really? Why?Because they were so sweet and tasty and people started drinking them like that.Oh, yeah.I mean, some of those drinks, they're so full of sugar, they taste so good.They're ridiculous.And so for me, I wasn't like, ooh, I need coffee.I was just like, damn, what is that?that chocolatey drink.
40:19There's this...I want that.There's this...And then I got real anxious.Yeah.There's a Duncan Donuts baristawho films the orders that come through.And it's just a POV.
40:31He's just showing he or she are just,they're just showing whatgoes into the drinks.And it'll be like a...I don't know what the fuck ever,but they just press a button.And it just starts dumping sugar.Just sugar.
40:43Just plain white sugar.and then some fucking coffeeand then like three more pumps of syrup of some shitand it's just likegeezI guarantee the person who's drinking thatprobably doesn't need it you knowand it's just oh yeah yeah but
41:03embrace modernity Starbuckssundownsundown every place that you want people to hang outtruly I mean Iclose down all your public restroomsI think they are really looking backward and not,they're asking themselves the wrong questions and they're not going,I get why it's enticing for the CEO to go,
41:24we got to go back to what made us big.It's like, buddy, you can't, you can't replicate that.Times they are changing.Right, is that 1997 anymore.People want a fucking, they want to just get their shit and go.If you've already got 31% of your business going through the app,that should be a sign that you need to be doubling or tripling that.lower overhead lower square footage costs and all that shit what a damn moron brian nickel let's see what he looks
41:50like is this the guy is this the guy who also was saying that he didn't want to move to seattle and wasgoing to be um commuting via private jet i think so look at this guy what a penis what a thumbwait i need to know if this is the images let's look at this guypeople want to hang out in Starbucks like thisyeahoh yeah he worked at ChipotleStarbucks is giving its new CEO Brian Nicola private jet to commute between his California home
42:21and Seattle office assholeI would you know whatfire to this guyput me in charge man I'll turn that shit aroundhe thinks he canlook I want to stay in itI want to stay in California I don't want to comeI know you guys are giving me this big job
42:35but I don't care.He lives in Newport,so that means that he's flying...He's flying out of John Wayneand you know what John Wayne's whole thing isdown there, that airport, right?It's one of the shortest landing...It's one of the shortest runways, first of all.
42:50It is a terrifying place to take off frombecause when you take off,you fly over Newport Beachand all the Nimbies in Newport Beachhave bitched towhoever at John Wayne.There's a noise.abatement procedure. So upon takeoff, the planes are required to immediately throttle back so that
43:12there's less noise, which gives you such a terrifying sinking feeling. Because normally, you know,you throttle and you keep it gunned, but they take off, not only they take off really steep,but then, yeah, they kind of level out and pull it back. So it's, if you don't know any better,you're like, holy shit, we're dropping out of this guy. Have you done it? Oh, yeah. It's terrifying.And they have noise, they have like noise, uh, uh, what do you,monitor things and they're constantlyconstantly monitoring it and likeadjusting and shit. It's, uh, oh yeah, that first
43:43image right there on the city. This is how theytheir noise abatement procedures.It's fucking, it's ridiculous.Anyway, so you could be on the lookout.You could be there with a, you know,a, um, RPG or somethingand, uh, take them out.If you, if you, so, if you felt so inclined.
44:03I'm not advocating for that, but.But if someone wants to do that.Starbucks guy, there goes his jet,a shoulder rocket launcher.I want to place a polymarket bet on how long Brian Nichol sticks around.This plane is going nowhere fast.See, now, I wonder how that works.Does someone else, who creates that bet?
44:22I don't know.I was just making a joke.Yeah.I've been wanting to start betting on polymarket and shit.Yeah, you should get into that.Find some and then just like, I don't know.I feel like I got my finger on the pulse of the world.What's going to happen and what's not?
44:35yeah anyway so i'm betting on the rise of so what do you what do you think how how bad will it go forstarbucks uh what would it take for them i don't think they're gonna collapse or anythingbut i think this will be the first time they have a real um you know a real competitor inuh especially in cities i think this plan could work in suburban places like me in suburbanin New Jersey being likeStarbucks, this is the place.Holy shit.This is where culture.
45:07This is where culture is happeningin central New Jersey.This is the place.Wow.Mom, can we go to Starbucks?Yeah.But no.I don't think it's going to,
45:22I think in places like Manhattan,I can totally see them getting their luncheatand especially if they try to go for thatanywhere with like actual coffee shopswho are talking abouttalking a good coffee gamelike proud of where they get their beansand all this stuff for coffee freaks
45:38but then also have good vibeswith nice food and not trying to dothis at scale thingget the worst croissantyou've ever had in your life.Yeah, yeah.There's just no way.I'm gonna open a coffee shop
45:51and call it slave coffee.We source our beans.That's how we keep it so cheap.We source it fromum,uh,slave.Slave coffee coffee forms.
46:10Slave coffee.You like that one?Not really.Anyway.We'll see.So there's that.But I might try to get myself something when I'm in New York.You should.
46:23You should.I know.Well, I kind of want to check it out.I tried.I could see it coming to L.A. soon.It also feels very funny.We didn't even touch on this.This, it's a, you know, we joke about this century of America's humiliation and stuff like this.
46:37I do think this is the start of, you know, this multipolar world we're living in many ways.Where we want Chinese stuff now.Yes, very much.So, I mean, it used to be very, not just China.Countries all over the world would get excited about American things.And I think you're going to see more and more of that, these Chinese exesional.exports, not just kind of economic, purely economic things, but these cultural exports, too.Think about like a Pizza Hut. Pizza Hut used to be a sit-down restaurant. You would go into Pizza Hut
47:12and they had a buffet. They had all that shit. And you know what they figured out? This is,this is dying. It's a, it's a, it's a prehistoric thing. It's no longer the way of the world.Pizza Hut was a special place when we were going to. Oh, dude, the smell in there was sofucking good. What a different thing. So, it's a cold.the red and white checkered yes man with those the lights on the tables those i don't know what youeven call them those red plastic cups with the not a solo cup but the the almost the oh the plasticyeah but it's like kind of marbly yeah yeah the red like yeah oh man is a very very very specialthing shakey did you have shakies pizza we didn't have shakies now or we might have but you know
47:56it's michael j fox's uh favorite place to eat umYou're pushing it.I'm pushing it.I don't know if I would do a Parkinson's joke right after making my slave labor coffee joke.It'd be one thing if they were good.Hey, gang, we've got to take one last break to thank a sponsor of the show.It's Mudwater.Look, we're here recording these in the afternoon.
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49:58up to 43% off with code Bayes at M-U-D-W-T-R.com.After your purchase, they'll ask how you found them, so please show your support and letthem know we sent you.Keep your energy natural and refreshing all year long with mudwater because life's tooshort for anything less than clean, delicious energy.I remember having, it was like the best coffee drink I've ever had.It was like a jasmine infused latte.In China?
50:25Yes.Wow.And it was so fucking good.Was it luck?I don't think so. It was another big upstart. It had just opened. I mean, I'm sure they have a bunch.It was so good. And I'd been looking for it here. Like, I want a Jasmine Latte. I had like two a day when I was there. I'm so fucking delicious.Maybe it'll be good for us. Maybe we'll get all kinds of cool drinks. And you know, I saw just speaking of China, we've all seen the images of the skyscrapers with all the synced light shows that they have like every night where the entire skyline.lights up. And I'm just like, it must be such a, it must be so good for their society. It,
51:06it probably provides such an overwhelming sense of unity and, um, accomplishment and like cohesionamong their society that they're like, oh, look at this isn't this great. You know what I mean?Yeah, civic pride. We used to have that and we don't have it. No, we don't have shit. Because wedon't have any institutions to be. I mean, why don't you do that, Starbucks? Bring back civic pride.Give it, put, put, yeah, look at this shit.God damn, man.I really do have to go because I, every time I, it's like every other week, there's some guy posting just got back from China.You wouldn't believe what you've seen.
51:40And then there's obviously people below him being like, this is Chinese propaganda.They showed you one special place or whatever.I mean, I'm sure that's true for every fucking country.Yeah, but you know what the difference is?If you tried to do, say you try, New York is probably our most impressive city with an actual functioning.public transport system, you could not find one sliver of a New York subway station or a New Yorksubway car that is clean, that is not disgusting and disrepair. And I say this is someone wholoves New York and uses the subway all the time and wants it to be funded and doesn't think
52:16it's a bad thing. But so they can at least find these. It's wild, man. It's like, I just don'tunderstand why we can't.But I do need to go. I got to see it for myself. I'm veryI will say the food wasunderwhelming. That's my only bitch. That's my only gripeis that I found the food to be underwhelming.Because it wasn't Americanized Chinese food,which is what I thought it was going to be.
52:43I was like, oh, it's going to be like Panda Expresseverywhere. Bandexpress is fucking good, man.Now give me a sit-down experience in a Panda Express.This is crazy. This is like going to Italy and being likethe pizza fucking sucked. It's not likedominoes at all. I thought it was going to be like dominoes on every corner. Truly, truly,though, I thought I didn't know that Chinese food was like Americanized. I thought it would belike greasy. You didn't think it was different than what you get at Panda Express? I mean,
53:08I'm being, I also just Chinese restaurants. Chinese restaurants have like the same food asPanda Express. They got orange chicken. They got generally. That's crazy. But like every restaurant I've beenthere is not, I can't, people ask me all the time like, oh, what's a good Greek restaurant?there is no Greek restaurant in America.Like even go to Astoria, Queens, where all the Greeks are.It is...Not the same.It is not the same at all.
53:33It's like...Fair?It's just a different thing.Well, what I mean is the majority of the food there was hot pot.And even then, it was just like, oh, we're going to boil up some chicken.And I'm like, oh, geez, man.Give me the fucking orange chicken, dude.Oh, here's some turtle.
53:51This is crazy.Ah, jeez. Do you hear about the turtles in the San Gabriel River?No, but just before you move on to the turtles, I do, I have people, I know people who have gone and, like, rave about the food.Really?Damn, maybe I just was smoking too many cigarettes, hitting too many darts.I mean, I just can't imagine, I don't know.Well, let's not get bogged down on the food.Let's talk about politics, shall we?
54:13Did you want to tell me about the turtles?No, it's just crazy.There's these, like, Hawaiian turtle, like turtles that you would find in Hawaii are in the L.A. River up.in the San GabrielIt's like, here, GoogleTurtles, San Gabriel.Turtles San Gabriel.It's wild, man.
54:31They're like full-on sea turtlesin the disgusting, disgusting river.Green sea turtles.They're, they're,my friend Tony went and saw them.Well, there you have.Yeah, there's one little guy.Help me.
54:44Help me.They're down in Long Beach.Holy shit.Yeah, well,doo-do water down in there.down there for the turtles eating all the muck and disgusting shit good for those turtles all right folkslet's pivot a little bit let's uh switch gears here and rounding out the show of course we haddonald trump last week firing the head of the bureau of labor statistics not good not fun not a wise
55:09thing it reeks of uh we don't need to pull any of that up but it just reeks of like umwhat do you call that balkanization it reeks of balkanization or just uh uh uh uh uh uh uh uhgreat there's a fly in my fucking coffee that's cool even the flies don't even like itthe fly's dead he had one sip he said this stuff sucks give me luckin um it just uh yeahit wreaks of corruption it reeks of yes strong man just being like you don't tell me exactlywhat i want to hear you're gone i'll put someone in power who will do what i want and that'sbad because we need to be able to trust the government we need to be able to trust the figuresthat they put out even if they're not good that's how you know that's how you can put your
55:51full faith into things like bonds. And if you are outside entities, other countries, otherinstitutions, banks and whatnot buying U.S. treasuries, you need to trust that the country is onthe up and up in terms of the data that they are providing publicly. We're becoming a Chinesecompany about to list to the NASDAQ. Dude, well said. We are about, yeah, yeah. Yeah, well, he justdoesn't want to hear any bad news anymore. And I can't blame him. I don't want to hear it either, Trump.But I think for Trump, it's going to keep coming.This Epstein thing is not going away for him.He's expressed his displeasure.
56:31They wanted to go away.And this morning, there was reports.People were making a lot of jokes about Trump being on the roof of the White Houseas if he was about to jump.I don't think that was the case.He was...They said he was inspecting, helping being part of the inspection for some renovation.And very, in a very Trump moment, some journalists, I think, yelled and asked him what he was doing.
56:53And he went, just going for a walk.But people were pointing out that it's funny timing because the New York Times on their front page this morning was posting a story called a look inside Jeffrey Epstein's Manhattan layer.And we got to go through it because it's insane.Obviously, Trump shows up in a few pictures.that Jeffrey Epstein has framed and put on credenzas and that kind of thing.Obviously, he's been downplaying any of their friendship, but it's starting to look more and more like they are, in fact, quite close buds.I mean, you got everything from, I like this second paragraph.Ehud Barak, former Prime Minister of Israel and his wife, noted the great diversity of guests.
57:44Quote, there is no limit to your curiosity.they wrote in their message in his uh in his what his 50th uh birthday book right so he did another uh i believethis was a 63rd we talked about the 50th birthday one where the trump letter had appeared where he you knowdrew a naked lady and did the insane enigma thing but this i guess this is a thing they're doingshould we feel bad that have you ever gotten a leather bound book full of letters from your friends onyour birthday no but i'm also not 50 i better get one when i'm 50 maybe we have to wait till we're 50 butEpstein seems to sure get a lot of these.He's got a lot of friends.
58:17But 63rd does not seem like a birthdaythat you get a leatherbound book of letters from your friends.And I will say, I mean, obviously there's a lot of creepsassociated with Epstein.As you can see, they've got a typed out letterfrom Woody Allen, the disgrace director.Which can you do a Woody Allen?Oh, gosh.
58:35I don't know.Do you want to read this?Jeffrey Epstein, big neighbors, my wife, Sunyi,and I have invited for dinner many times.always accept always interesting wide variety it's too it's too long but i thinkobviously and it's it's um it's alluded to in this that he collected people yeah and hecollected friends so by virtue of that i really don't think that a hundred percent of those peoplewere guilty by association and that's not absolving him or any of the actual perverts people knew
59:10what was going on. And it's funny. So you only talked about that first, that second paragraph rightthere. And it's, it's, it's the first paragraph in a string of three paragraphs where it justgets progressively, progressively worse. So the one he just read about, um, uh, Ehud Barak, you know,he said, there's no limit to curiosity or like a close book to many of them, but you know everythingabout everyone. And then next was the media mogul Mortimer Zuckerman suggested ingredients for a meal thatwould reflect the culture of the mansion, a simple salad, and whatever else would enhanceJeffrey's sexual performance.And then it finishes with, and the director, Woody Allen, described how the dinners reminded
59:49him of Dracula's castle, where Lugosi has three young female vampires who servicethis place.This place was seven fucking stories, seven floors.21,000 square feet.It does, so this is the Upper East Side.I was, for a time of my life, I would,I worked as a landscaper in New York City at a lot of these high-end places.We would do places on the Upper East Side just like this.
01:00:15These places are nuts, so just like...Yeah, really high ceilings, too.Scary being in there.You're like, how the hell does anyone live like this in New York City?How does this even exist here?It seems like an illusion, an optical illusion.Oh, yeah, you get in there.I mean, when you look at it from the street, it kind of looks like a little brownstone or something.
01:00:37But yes, it's much larger than you would imagine.ridiculous pieces of art that I mean a lot of like looted art you see in therelooted like looted like uh oh like loot like stolen yeah wait wait wait scroll up let's let's look atsome of these photos I mean the guy really did collect people I mean isn't it crazy the Trump thingis obviously what everyone's talking about but you see some of these pictures and it's just I meanbecause so many people now have been doing the thing where I'm like oh okay you got me in onepicture I wasn't that yeahElon's a big one where everyone posts that picture of him in the same frame as Galane,
01:01:15Larry Summers, all these people.They've tried to distance themselves from it.And then you're like, buddy, why the hell are you in a frame picture on his credenza?Yeah.So scroll down and let this thing work because it'll circle him.There are Epstein smiling alongside Pope John Paul II.So like Pope John Paul II.Obviously not a diddler.
01:01:36Are you joking?The Pope?of the Catholic churchmaybe the most famouspedophilic organization in the world.I don't think that the Pope was being like,yo,Epstein,
01:01:48let me get a massage from one of youyour girls,you know?I think he was just probably like,oh,you're a wealthy guy.I thought you were doing a Catholic joke.I was like,
01:01:55no,no,not at all.I'm being serious.I don't think that the Pope,it clearly he met the Pope.I wouldn't absolve any of...Mick Jagger, Elon Musk,
01:02:02Fidel Castro,he's got photos with...Here's what I will say in the Pope's,in the Pope's defense.Yeah,looks like he's blessed.The Pope is more someone...But you never get caught.
01:02:11The Pope is more someone, like, even in the picture, it looks like, oh, this was a big momentfor us.We met the Pope.They're not like, hey, look, it's us on vacation together.And I can imagine someone like Mick Jagger might fall into that as well, although I couldsee Mick being an absolute creep.He's just kind of...Yeah, I do think there's a...
01:02:34But I don't know if I'd put anything past the Pope.And then here's a ton more photo.Can we talk about this Bill Clinton?Look at the way they're looking into each other's eyes.Also picturedwhere Larry Summers, former presidentBill Clinton and Richard Branson.Who is Larry Summers?
01:02:50He's the famous economist.Former United StatesTreasury Secretary.You got him with someshake over there on the right.I don't know who that is.Keep going.I mean, the guy had a ton of photos of him
01:03:06with all sorts of people.ofthere he is with Trumplooking lovinglyinto the other's eyesor justnever looked cozierwith someone
01:03:16I meanI didn't even noticeis thatlittle St. James Islanddo you think?Probably on the right therethere he's got a photoof Bill Gates
01:03:24with Steve Bannonthey're like talking to each otheris thatno that's Woody Allenis that Woody Allenyeah it's Woody Allenbecause Bill Gates is tallerthan that
01:03:33but speaking of Bill Gatesyou know Woody Allenfelt right at homein thereoh yeahspeaking of wowThis place is great.But you got a framed dollar bill signed by Bill Gates, and it says possibly as payment of a bet, quote, I was wrong, is written on the...
01:03:50Need to know what that bet is for.Need to know.And it's such a rich guy thing.I'll bet you $1.I honestly think...I was wrong.If we somehow got all these files and stuff and were able to piece together some real narrative of what actually went down, I think our heads would explain.but it's probably...
01:04:08Oh, yeah.So this is...Sicko shit.This is what I was alluding to.Look at this gaudy-ass bedroomwith, like, seashell sconceson the walls and, like, blue...It's like a weird quasi-notical...
01:04:23Flowers.It does look like a hotel room in...The Bahamas or something.Yeah, it's gaudy as hell.It looks like a hotel room in the Atlantis,in Nassau Bahamas.Very well said.By the way, oh, we'll talk about it in the bonus.
01:04:37Also, the...There were cameras, surveillance cameras.I think we scrolled past it, but they, did you see the ban and stuff about how he did a bunch of interviews?And he's sitting on about 15 hours of release that footage.Was that after, that must have been.Yes, that's another thing.So this is all, all this stuff from his 63rd birthday, that stuff that was coming out before was from his 50th birthday, that was before he was arrested and did the 13 months on, I don't know, sex abuse and, um, sex.Offender Island?
01:05:09Yeah, well, before he served out his sentence.So there are people who distance themselves from him after that period of his life.But these are all people who were still hanging around after that.You know, they got your man's on sex assault charges.Yeah.Guy you be hanging with.Woody Allen's like, I'll go over dinner.Yeah.
01:05:28Oh, dinner again?Oh, my gosh.And then more cameras.I mean, it's just, it's wild.It's bananas.And I mean, he's got a stuffed.tiger in there.Yeah, I mean, the whole fucking thing.
01:05:45I wish they had pictures of this.A lot of the stuff they could just describe,dozens of framed prosthetic eyeballs lined the entryway.Dude, there were all sorts of weird shit.I mean, maybe he's an art collector.A sculpture of a woman wearing a bridal gown.That's actually the cover of the story.A sculpture of a woman wearing a bridal gown and clutching a rope was suspended in a central atrium.
01:06:06Oh, yeah, it looks like she's, um,repelling. And she looks like afucking mummy. It looks, oh, I guess it'sbecause it's bros. Yeah, she's got the bridle show. Get me outout of here, mister. Help.Well, I guess we'll round it outwithwith, uh,
01:06:21disgusting. I mean, I, I don't even know what tosay anymore. Uh, we got, we gotthe worst part about this is that I do thinkum,he's going to, I don't know, I think all of ourminds are going to be broken when he does somethingwith Galane. It, it already seemslike he's priming the whole thing to either
01:06:39commute a sentence orkill her even go ohI was thinking wellshe's at a much minimum securityresort so I assume that it's probably easier to killyourself there I was assuming he wasgoing to either commute her sentenceor give her a pardon
01:06:57in exchange fornew testimony where sheumhe was only Democrats yes exactlyshe gives up all fucking so sick ofAll people that Trump hates, so she gives up Clinton, of course, and all of these people.She talks about, I don't know, some kind of conspiracy by the Bidens to make them look bad and how they created the report.I mean, all this shit that's happening now, just speaking in politics with the gerrymandering in Texas, is so infuriating because there's this image going around of one of the districts, one of the Democratic districts.
01:07:31and it's just like a weird stripthat connects San Antonio with AustinYeah, gerrymandering is weird thoughThere are sometimes like legitimate reasonsWhy they do itAnd they can look very wonkyA lot of times it's done forPolitically
01:07:50Advantages reasonsBut yeah, it's notNot good folksBut I do worry that's how all the Epstein stuffwill end the wholenothing ever happens crowdit just ends uphe just skates by another one
01:08:08I'm gonna ask that guyby the waythe Epsteinand he somehowdrives all of his baseeven crazier about howDemocrats truly are pedophilessomehow he gets Galane to actually
01:08:20sketch outremember the pizzahe gets her to confirmthat Pizza Gate was realoh sureGod dudeI hope notI'm sick of this shit
01:08:31I hate these peopleI hope they all dieand burn in hellAll right folksBen andamilshow.comWe're gonna go into the bonusIt's gonna be a real good oneWe're gonna be talking about
01:08:40Dildos getting thrownIn the WNBAWhat else wereOh king of the new king of the hillNew King of the HillVery very goodShould we talk aboutPerformative males
01:08:55Yeah sureI'm seeing all the performative male stuffPerformative malesYeahWhy not? Couldn't be me. I'm not performative.I'm barely even a male.All right. Thanks so much, folks.Coming up on this week's episode of Ben and Emile Show.com.
01:09:12I'm like, why not just make it like hot dog is one?Hamburger is two.Chili. And then, oh, but if it's a chili dog, you got to put the hot dog in first, do 615, take it out.And then you put the chili in and you do, you know, 112.9.Then you take it out.You put the hot dog in the bun.You put it in and do 9-2-2.And I remember the first time some guy ordered a chili dog.
01:09:35I was like, oh, no.Oh, no.I'm just going to be fucking, but I did not remember.Ask him for trouble.Oh, my God.And I remember just like.Who gets a chili dog at a dairy queen?It's a diarrhea factory.
01:09:46Yeah, but you're using a screen in your car.I've driven with you.This man uses his phone for guidance and just holds it.You're holding a screen.And you're like, da, thank God.The thing doesn't have any screens in it.I don't knowNo, me, babe, I don't think screens
01:10:02Well, a car is no place to playThat's what I sayYeahShould call it car seriousBecause driving is seriousThere was a littleThere was just a little guyRunning around
01:10:12Imagine a crazy little guyRunning aroundHe was this guyEveryone uncomfortableHe went up to the windowAnd likeI think they probably just wantedWanted him to go away
01:10:24So heNo, he stole a spriteOh, he stole itA glass bottle sprayRight. And it wasn't a twist off. It was the old school bottle, glass bottle.And first he wanted Ben to...Yeah, it's me. Can you open this? Can you open this? And I was like, oh, sure, buddy.And then I was like, you know, I don't have a bottle opener. It's not a twist off. And I handed it back to him and he looked like he was about to break it over my hand.
01:10:47Yeah, he looked. And then he just kind of like, mm-hmm. He just was like trying to make you flinch, it seemed like.
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