The Iced Coffee Hour - “Prepare For 2025!” Patrick Bet-David Exposes The Ultra-Rich, Free Money, & Business Failures

Starting point is 00:00:00 Hello, I'm Patricia Goseem, Ontario's Information and Privacy Commissioner, and I host Info Matters, a podcast about people, privacy, and access to information. You can listen in on Apple Podcast, Spotify, or at IPC.orgon.com. Except for two or three people, and then we bring you in, and we tell you if you want a long-term relationship with us, this is a test for you, you're going to be one of the few people that know, are you fine with this kind of a responsibility. If it's leaks, it's one of you guys

Starting point is 00:00:42 that couldn't keep your word. And long term, you can't be in meetings like this. Can we trust you? Yes. Are you sure? Yes. Do you guys vouch for him?

Starting point is 00:00:49 We do. Great. Here's what's happening. We're having President Trump here at XYZ. Like Adam is a lot out there partying and being around a lot of different people. Adam found that about the interview

Starting point is 00:00:59 one hour before he was coming. We recorded it. And we said, hey, do you know what's going on right now? No, what's going on? Everybody's telling me something's going on. Well, you know, the president's going to be.

Starting point is 00:01:09 at 59.90 in the next hour and we're going over there right now. Get the F out of here. You're kidding me. No. So we kept it. My kids didn't know. My dad didn't know. Nobody know. And when you were recording, how many feet away would you say was the nearest officer? So imagine I'm sitting here where I typically sit, PBD podcast local, your president Trump. There's nine people in front of me while we're doing the interview. Multiple Secret Service. Some of the folks that are trying to keep them, there was a moment in middle of the podcast that nobody said. was probably the biggest highlight the podcast that we cut out because I'm getting text messages,

Starting point is 00:01:43 hey, you got to, you got to finish it, you got to finish it, they got to go, they got to go. And I just, I'm like, listen, I'm not doing this. I got 50 text message from my guy saying we have to finish up. I'm prepared for 90 minutes. What are we doing here? If this is how it's going to go, we got to cut it right now. And you guys got to tell me right now, right there.

Starting point is 00:02:00 President Trump told everybody, hey, we're going to this time. We ended up going to 445 to get the additional 20 minutes needed, 25 minutes needed. And then it was very interesting seeing how his team responded to, well, let's move this. I'll call him afterwards, have him come to dinner, have to do this. And very impressive on how him and his team work. How busy do you think his schedule is right now?

Starting point is 00:02:23 Are you kidding? Is it down to the 30 minute mark for everything throughout the day? He does the Rogan podcast, three hours, not the way Kamala and them are negotiating, to say, you come to us and will give you only an hour. And on his terms, Joe's like, no, I'll do the interview. you come to me, I can't get to know you in an hour. Come to Austin, I'll sit down. Trump, who's busier than Kamala, going on more road shows than Kamala, runs a lot of

Starting point is 00:02:46 businesses, has all these other responsibilities, goes to Austin, does a three-hour podcast, he's two, three hours late to the Michigan rally, gets on a plane, goes to Michigan, does the rally at midnight, gives the hour talk, then gets back, gets his rest, then he goes to the next city, then it's Madison Square Garden. This guy is, our team today, we're here. Two of my guys ask for the morning. They're trying to go to a meeting at Marlago. They go to Marlago.

Starting point is 00:03:11 Trump is there speaking to 150 people at Marlago this morning for an hour, hour and a half. The guy is running and gun. He's the kind of a competitor that I love because the most intimidating competitors you'll ever face in the marketplace is when you think, why does it seem like this person's at five different places at the same time? How does he do it? How does she do it? eventually you're going to experience one of two things.

Starting point is 00:03:39 You either want to accept the fact that he's a bigger alpha than you and give it up. That's not your competition. Or you don't want to accept the fact. So you start spreading rumors, negativity, you're upset at him. You say you bash him, all this other stuff. Like, for example, how Mark Cuban is constantly going after Musk. Why is he going after Musk? What are you upset with Musk?

Starting point is 00:03:58 You used to not go after. Why are he going after him now? Because Musk keeps going. Musk is operating. Musk is running startups. Mark is not running a startup. Mark's an investor. Mark's running a basketball organization. It's an established organization that he didn't found. It was a team that he bought and he helped them become a champion. You got to give him credit. But Musk is not stopping. Neither is Trump. Those are some of the most annoying, intimidating opponents you'll ever have in your life.

Starting point is 00:04:27 And Trump's doing it, Graham at 378 years old. Think about that. Now this question might be a little bit difficult for you to keep your diplomacy when you're answering it, but I would just love to ask it. What are a couple of things that you dislike about Trump and a couple of things that you like about Kamala? So, if I was Kamala's campaign manager, I think Kamala's attractive. She's physically very attractive. Even Trump doesn't know how to take shots at her looks. She tell me who has been a more attractive person in politics than her female side.

Starting point is 00:05:02 Maybe AOC. Maybe there's a few others out there. I think AOC is very attractive. You can't say she's not attractive. AOC is physically attractive. She's pretty, yeah. She's pretty. These aren't, we're not talking models, but I'm talking, the standards are politics.

Starting point is 00:05:15 She's attractive. She has, she's good looking. You know, when she was younger, when you see her dating, Montel Williams, when he was 20 years older than her, and they said, is this your father? Are you his daughter? And she says, excuse me, are you his daughter? No, I'm not. And it was when they, I don't know if you've seen that clip or not.

Starting point is 00:05:32 That's a little awkward when you see something like that. So I think from that part, she's attractive. And the second thing I would tell you about her is, you don't have to respect it or not. She thinks very highly of herself. So that's Kamala. You've got to respect it. She thinks very highly of herself for it to feel like she's above people

Starting point is 00:05:50 and she's super attractive. Trump, well, have you seen a new movie that came out about Trump, The Apprentice? Have you guys seen that movie? No, I haven't. I haven't. I saw twice in the first week. Okay.

Starting point is 00:06:01 And it's a hit piece on him. So it's not like it's a good movie. It's supposed to be a bad movie. My wife watched it. Both of my sons watched it, 12-11. There are certain pieces in clips in it. It's inappropriate for your kids. And when we watch it, I didn't know those scenes were in it.

Starting point is 00:06:16 It's pretty bad with Roy Cohen certain scenes. You get prepared for it. I have to tell my kids to close their eyes. And then I had a group of my guys that we watch it together. In a movie, it shows a clip that Roy Cohen, who was a former lawyer for the mobs, a lot of different people, Nixon. This guy was friends with Nixon and, you know, McCarthy, young guy, killer. One of these, you know, lawyers that historically were tough lawyers, like an F. Lee Bailey. I don't know if you guys have heard her name Flee Bailey. This guy was a badass lawyer. Smoking cigarettes, interviewed by Mike Wallace back in the days in a black and white interview. The way he sits down, like, listen, I'm a freaking powerful lawyer. There's certain lawyers that have certain gravitas about them and a certain level of confidence that's very attractive. Appeal. for TV, right? Roy Kohn was one of these guys. And he said, uh, one, attack, attack, attack. So Trump's always attacking. And this is when he's asking in the scene, whether it's

Starting point is 00:07:14 true or not, it's a great scene. Hey, you want to be the king of New York? Here's what you got to do. I'm going to tell you the rules. Number one, attack, attack, attack. Number two, never accept loss. Okay. Two, always claim victory. Right. So, you know, you're going to sit there and you're like, well, sometimes he doesn't come across as relatable to the average person because I need to be able to see a certain level of vulnerability for me to say, that's my guy. And it makes you want to run through the wall for him. Now, he has had some moments of that this last 12 months. When he got assassinate, the assassination attempt happened, and he gave that speech at RNC, and you saw him having a moment, you could tell he didn't speak like his regular self

Starting point is 00:07:57 when there is that one scene when they're showing a he's on stage and they're playing a song and he got emotional I don't know if you guys watched the interview when I showed that clip to him and I'm watching him and I see him goes like this the first time in the entire interview he goes like this and he's watching it and he's trying to change it and you know I'm in the body language business I'm in the size of my appointment business and sizing, not an opponent,

Starting point is 00:08:26 but anybody, kids, family, people you're dealing with, you know, I watch him, and I'm asking myself, what is he telling himself right now? What is he telling himself right now? Because he was glued to the screen of him getting emotional with that song that's a very, very emotional song, right? I watch him like, and he comes back, he says,

Starting point is 00:08:44 yeah, you know, America doesn't need me right now to get emotional and he does stuff. I said, but what about when Pat Nixon died and Richard Nixon crying that he lost his wife. He says, I remember that scene. I remember it. He says, maybe one day. I don't know if he caught one.

Starting point is 00:08:59 He says, maybe one day, but not right now, right? And what does he mean by maybe one day? I don't know. You know, I'm sure he's had some moments that's very tough for him. But the fact that he's 100%, I am not going to show any emotion or hurt ever for anybody to say, well, that's why he's not this. this, this and that.

Starting point is 00:09:24 And then the argument for that could be, go explain why Madison Square Garden has as many people that had had there and they called it the greatest political event ever ran, where Musk is there, he's there, all these guys are there. What happened with that event? So whatever we may disagree and not like

Starting point is 00:09:38 doesn't mean it's not working. It's working. You just don't have to like it. I agree with the relatable aspect. I don't think he's incredibly relatable, but I would chalk it up to the weave, to be honest, when he starts talking about all these different things,

Starting point is 00:09:51 it's like when you're shooting, the stuff with your friend. You kind of just point and shoot, answer, question, and stuff like that. But he tends to go way off topic, and it makes me think a little bit more of, like, someone who's trying to be really diplomatic and, like, adding a lot of fluff to stuff

Starting point is 00:10:06 rather than just kind of going straight for the answer. And I like J.D. Vance for that reason. He's more vulnerable. Yeah. He's very, very relatable. And he's also very point and shoot with his questions and answers. Well, he, by the way,

Starting point is 00:10:18 prediction, then I'm going to come back to your weave thing. If I forget, remind me, I'm going to go back to the weave. Here's my prediction for you. But you know what? While we're on the topic, you have to ask yourself, what's the future going to hold for businesses? Because if you ask nine different experts, you're going to get 10 different answers. Bull market, bare market, rates will fall.

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Starting point is 00:11:16 And speaking of opportunity, right now you could download the CFO's guide to machine. learning and AI at net suite.com slash iced. Again, that's net suite.com slash iced with the link down below in the description. NetSuite.com slash iced. Thank you so much NetSuite for sponsoring this episode. And now let's get back to the podcast. Here's my prediction for you. Between now and November 5th, Trump is the most hated man in America by mainstream media. On November 6th, number one on that list is going to be Musk. Number two is going to be J.D. Vance. Number three is going to be Trump. Let me explain to you why. Because who is the only person?

Starting point is 00:11:55 If you pull out a chart and you put a timeline, you'll have Trump is four years. Mosque is 53, 54 right now. How long do you think Musk's going to live? 34 years. So, Musk is like this. That's why he's the most feared and hated person. Okay, minus politics.

Starting point is 00:12:13 J.D. Vance is not only four, but J.D. Vance is currently proven himself to be the number one candidate. in 2028. And this could be 12-year run because Jake Tapper doesn't know how to handle JD Vance. Dana Bash doesn't know how to handle J.D. Vance.

Starting point is 00:12:30 The media doesn't know how to handle J.D. Vance. He goes on Theo Vaughn. They love J.D. Vance. He's on stage. They love him. So for me, November 6th, you will see what's going to happen. The amount of attacks going after J.D.

Starting point is 00:12:42 is going to go to the roof on November 6th because they know he's next. Well, we have the prediction, and we'll be able to check back up on that, I'm sure, and probably a year and we do the annual PBD podcast. I look forward to it. I think that is a very astute observation.

Starting point is 00:12:54 I agree with it. I think the incentive structures are there for them to do that. So it makes sense. People follow incentives and I think that's very, very plausible. And in regards to the weave, you know who's famous for doing the weave?

Starting point is 00:13:04 How much money have you spent in your life with lawyers? I don't want the number, but think about the money that we spend with lawyers. You know what's the one thing about lawyers? You ask a lawyer question. So, hey, John, I'm going through this and this, this, that. What do you think I should do? Well, I remember when I was dealing with this one case,

Starting point is 00:13:20 and it all depends because in the state of Florida, their job is to prolong the call to collect their fees, right? Lawyers are pro at doing that, and they're frustrating, but guess what? They're collecting their fees. So sometimes that weaving stuff is fine if you're coming back to the point for lawyers. It doesn't matter. I'm just collecting.

Starting point is 00:13:39 Sometimes in that case, I think there's so much nuance that there's not just a... They don't want to give you an answer. Sometimes they're holding their feet to fire. You know, once they give you a direct answer. I got a lot of lawyers that are now with me that I've had for years and I like them. But sometimes the lawyers that you're dealing with at first, oh, my God, it's a two-minute question. 45 minutes later, I'm getting billed for two hours. That's why you got a menacked.

Starting point is 00:13:58 That's where you got them in a neck. Exactly. Okay. So one thing you talk about on your show a lot, which I think has been avoided for a very long time, is who really runs the U.S. government. You always talk about they, like when you say they removed Biden as president against his wishes and placed Kamala in the seat, who are they? Yeah, that's a great question.

Starting point is 00:14:18 So I asked Jim Jordan right now who they are. And I asked Kevin McCarthy who they are. Jim Jordan was here right now. I'm coming from there. And Kevin was here two or three weeks ago. So report came out today of how many billionaires are supporting Kamala versus how many billionaires are supporting Trump. What do you think the split is?

Starting point is 00:14:38 So I'll give you the number on the total. It's 130 total billionaires that have publicly. declared who they're supporting. How many is for Kamala? How many things for Trump? I would say like 15 for Trump. And then what is it? 1.30 you said?

Starting point is 00:14:52 No, I think it's one 15 for. I think it's opposite. I think the majority is probably for Trump. You see no majority is for Trump. I would say so. You ready? 80 is Kamala, 50 is Trump. 80 is Kamala, 50 is Trump. Why?

Starting point is 00:15:05 Why is 80 Kamala 50 Trump? When you think about Elon is for Trump, okay, you think about you know, Warren Buffett is not for anybody. They're not announcing that they're supporting anybody. He's staying quiet about it. He's normally not like that.

Starting point is 00:15:22 He'll come out and say Obama, but he's not for anybody. And neither is Mark Zuckerberg. Not for anybody. In 2020, $400 million. He said, we made a mistake because the Joe Biden, Kamala Harris, they kept telling us to take certain things off and do this. And we made a mistake of saying yes to him. So Mark is kind of saying, I'm out.

Starting point is 00:15:38 I'm not supporting anybody, right? You saw what Jeff Bezos, Washington Post. We're not endorsing anybody. he lost 200,000 subscribers at a $50 annual renewal. So he lost $10 million of recurring over saying they're not endorsing anybody and lost a couple of his guys. And that's at a 2.5 million subscribers, he lost 8% of it. LA Times for the first time in 20 years. We're not endorsing a candidate.

Starting point is 00:16:04 He's one of his main editors resigns and say, I can't do this because I think this guy's pro-Trump or whatever it is, right? So why are 80 people supporting Kamala? more than they are Trump. Well, if Dems lose this year, November 5th, we're going to know by the time people watch a stay. If Trump wins and Kamala loses and they're done, who do you think is making a phone call to say, we have to change the approach?

Starting point is 00:16:33 You think it's Obama? You think it's Bush? You think it's Hillary? You think it's the Clintons? Or you think it's the money people? There's a video today that I played for Jim Jordan. It's a scene where they're at George Bush Sr.'s funeral. And everybody has handed a white envelope.

Starting point is 00:16:54 And they show Clinton's open a white envelope professionals, no facial reaction. They show Michelle Obama opens the envelope. Barack goes like this. They show the envelope George Bush Sr.'s wife opens it, and she looks at Jeb. And Jeb is looking around because it's his father's funeral. And then Jeb goes like this for half a second. He goes, half a second reaction to the envelope. Okay. So who gave the envelope? Because in life, let's just say you go speak at an event and they pay you a half a million dollars to speak. He's like, well, I got paid a half a million dollars to speak. You know what I want to know?

Starting point is 00:17:33 Who cut the check to the half a million dollars to you? So in a setting like that, you received an envelope. and only four of you guys received the envelope. Apparently Trump didn't receive an envelope. Who gave the envelope? It's not your assistant. It's the assistant to who? Whose handler gave it to you? And are those the people?

Starting point is 00:17:51 Maybe I joked about it. I said, maybe it's simply the fact that they said to Jeb, there's no stake on the menu tonight, and he's pissed. It's only chicken. We know that's not the case. Maybe they said, hey, you know, Trump did something. Well, what is that one thing?

Starting point is 00:18:05 If you only need to look at something for half a second, that means there's not a paragraph or a sentence. It's a number or a word or a letter. Boom. That's what it is. I'm asking Jim Jordan today. This is a very powerful guy, Jim Jordan. He's gone up against Fauci.

Starting point is 00:18:20 He's gone up against Biden folks. He's gone against Hunter. He's gone against everybody he's gone up against. So I've never seen this before. I said, what do he thinks in the envelope? I don't even know what's in the envelope. I want to know. So, you know, Trump called it the amorphous group of lunatics.

Starting point is 00:18:34 like a certain group of people behind closed doors that have the power that are doing this. Who could that be? It's going to be tied to people that have money. And who those money people are, we know some of the names. We don't know all the names. But the reality of it is,

Starting point is 00:18:50 whoever those people are that can control the knobs, somebody like Obama's words, let's say 100 million dollars, say 200 million dollars, say Hillary's word at this point, her and Bill, 300 million dollars, $400 million.

Starting point is 00:19:01 You know what that is to these other guys? You're nothing. That $400 million I spent on a regular day just interest on what I'm paying or dividends what I'm paying. You're $400 million. These other guys have the real kind of money. So I asked Jim and my interest to see

Starting point is 00:19:17 what Trump and some of these guys will do the same way they did Twitter files where we found out the communication on what was really going on and who was asking to remove all those posts and all this other stuff. You know, Barry Weiss, you know, Elon Musk, Matt Taibee exposed it, right?

Starting point is 00:19:32 I asked, I said, I would love to see somebody get appointed to do FBI files, get appointed to do CIA files, get appointed to do DOJ files, get appointed to show to us what's going on. Because if somebody comes in and you fire everybody, Jim said, Jim said, I've told Trump, you should not only fire everyone, we should also fire some of the people that you shouldn't fire. And it's okay if you're getting trouble for it, but we got to get rid of these guys to really find out what's going on. Yeah, I mean, you know, it's who's there the longest that typically doesn't want the limelight. The one time I interviewed this lady named Jonah Mendez, she was the chief disguise officer of the USA. She's CIA 28 years, I think. Her husband was a very well-known guy that was involved in a movie Argo. But Jonah Mendez, she came to me.

Starting point is 00:20:18 She's the one that put a real mask on her face, and President Bush, senior, couldn't recognize. because it was so real. Wow. If you've never seen this, it's sick. There's a picture of it. She's holding the mask of a different lady, right? And I said, Jonah, you've been to CIA for 28 years? What's the quality of a great CIA agent?

Starting point is 00:20:39 She says, great question. I said, is it sales? Is it negotiation? Is it persuasion? What is it? She says, it's somebody who's a very good negotiator, who's very charming, who's very charismatic, who's very charismatic, was very persuasive.

Starting point is 00:20:53 However, if you all of a sudden, prevented World War III, and you are the reason, and you're watching TV, you don't have to go and brag about it. How hard that is. You know you wanna say, hey, you see that? I did that. Imagine you just prevented war.

Starting point is 00:21:09 No one's given you credit for it. Those are the people behind closed doors that they know they're running everything, but no one's given credit for it, because they don't want it. Yeah. They're okay with that. In the envelope, I'm curious if it's a picture. Could be a picture.

Starting point is 00:21:23 That's what I think. Some sort of, some sort of black things. some sort of blackmail. Could be a picture. That's what I think. Hey, we got this image. And everyone's like, oh, crap, they got the image. You're right.

Starting point is 00:21:32 It could also be a picture. Yeah. Yeah, for me, I would say it was really freaky when Joe Biden kept saying, I'm going to run a second term. Things are going to be fine. I'm not going to back out of this race. That's the last thing I'm going to do. And then one random day he did. No one asked any questions.

Starting point is 00:21:47 And he's out and Kamala is in. We don't even know why. I got a question for you guys. The evolution of your first. podcast we did together at MGM, right? To the second one, to now the third one. I don't think we talked any politics on the second one, on the first one, maybe a little bit. Second one, I went there a few times. This one, you guys are very interested. Why are you guys now comfortable talking about politics and you're interested in it? I have always been a little bit more okay with that. I'm a

Starting point is 00:22:21 little bit more prone to risk, I guess. Graham is very risk-averse, so he doesn't like to make any takes or anything. For me, it's not really my forte. I'm really interested in business and money. And I think that's a good balance between Jack and I. Jack is a lot more interested in these topics than I am. For me, though, it's what everyone's talking about these days. So I'll kind of go with the flow in terms of where the attention is. He has been sending me a disproportionate amount of like, oh gosh. Yeah. Twitter posts and stuff like that that have gotten political recently, which is fascinating because this is just never been before. Oh gosh, the bodding. The bawding is terrible on Reddit. So I'm sending Jack. So like I'm really big because I could I could see when someone's

Starting point is 00:23:02 buying fake views, followers, likes, comments. I see it so quickly on YouTube. I'm seeing it on Reddit and these particular threads that are coming up and I'm sending Jack, these threads that are very pro-Kamala anti-Elon Musk anti-Trump. And I know Reddit skews left. But to the degree that I'm seeing and I'm screen recording on my phone and I'm refreshing and I'm showing like thousand up votes thousand up votes

Starting point is 00:23:27 every minute it's not normal that doesn't happen I've never seen that before and so I could tell and I'm sending it to Jack like hey this is bought it this is bought it and it's on a political Reddit threads

Starting point is 00:23:39 or subreddits so things that aren't supposed to be political like it was R slash picks which is not political at all and then they're posting a picture of Kamala's ad or something on this fear saying that this fear is taking a political stance and it's just getting a thousand up and the funny thing is every comment is negative but all the negative comments are now getting downvoted within the first minute and i'm screen recording all of

Starting point is 00:23:59 what does that do when it's downvoted what does it do it doesn't show up on the top so it just goes all the way to the bottom so wait a minute red it they only show the ones that are upvoted okay so what i'm seeing is that you know just my opinion is that her or her team are bodding up very positive pro information to her, botting up anti-Trump, anti-Elon Musk, and then boughting up all the positive comments and suppressing anything that's negative. Because when you sort by newest, they're all negative. And every comment is like, this is just an ad. She bought a billboard. Are you catching yourself being more interested in it because it directly impacts you? Or is it because the market's talking about it and you're just like you're you're forced to almost consume it?

Starting point is 00:24:47 both. Okay. I'd say it's an equal amount of both, probably 50-50. You know why I used to think it was the second one, but a part of me, like, I mean, politics has been around for a long time, if you think about it, right? Politics's been around for a long time. When I watched sports and I was 18, 16, 20, 22, I could care less about politics. Then all of a sudden, I'm like, wait a minute, why did I pay $50,000 in taxes? Where's this money going to? Why did you just tell me I have to do this? Why is this district? Why is it because I'm this county? You just came and collected.

Starting point is 00:25:21 What kind of taxes? Assessor tax. Assess what is this tax? LA County. So you need me to pay you, what, $89, $69,000 for what? So what county doesn't have this kind of tax? What's the Burbank, Glendale, San Monica, Victorville? Okay, then I'm going to go to Glendale.

Starting point is 00:25:36 We're moving our office. We're getting the hell out of California. So those were some of the things. Because it starts off with economy, right? You're not sitting there saying pro-life, pro-choice, this, this, that. You just looking purely at the economy side of it. But it's interesting. think for me that a content creator like yourself, you guys have a massive following, you're not

Starting point is 00:25:52 a small 100,000 subs, it's millions on top of millions on a couple platforms that now even you are feeling more comfortable to want to talk about these issues, even though some of your audience may say, why are you talking about to stick to business? Good for you guys. Thank you. And I do think that they're tied together pretty well. I mean, I also had a huge awakening when I left California and then moved to Nevada and then realize that the amount of money I'm saving in Statingham taxes, paying for my house, it paid for my car. It's paying for all of these things. And then I go to California, and it is substantially worse than it is in Las Vegas. And I'm like, well, this makes no sense. There's a huge discrepancy. And I think it's also important to talk about politics,

Starting point is 00:26:31 not through an emotional lens. So also to heart back on what he said about the Reddit stuff, that's also speculation. There's no, there's no proof. The proof is just the fact that we've refreshed the page and it looks really sketchy. And Graham spends every. I'm a He's never seen it. He spends an ungodly amount of time on Reddit. I do. Like a crazy, and he's never seen anything like this. It makes no sense.

Starting point is 00:26:51 It's speculative, but it is weird. Yeah. I mean, if you look at Instagram, Kamala will post something. She's got 20 million followers. And you'll see how many likes it gets. Like, man, you're not moving anybody. Call her daddy, 779,000. That's weird.

Starting point is 00:27:06 Yeah. Club Shea, 889,000 views. Where his Kat Williams interview was a number one interview of the year, but the person running for president only gets 889. Trump Rogan, 35 to 40 million views, and he dropped it on Friday night, whatever it was, on a night where Yankees are playing game one. You choose to drop it on that. You got brass balls to drop it.

Starting point is 00:27:34 Oh, y'all, the perfect timing of the, you know, everybody's always going to say, we got to drop it or something. No, I'm dropping it right now. Go watch you. You don't want to watch it. It's totally fine with me. 35 million views. On Google, you can't even see what's going on with it. You can't find a Rogan Trump.

Starting point is 00:27:45 So and then the thumbs up, thumbs down ratio. You know, you would watch Obama on Leno or Letterman or whatever the shows were, Kimmel or Fallon. He was interesting. Unfortunately, she is the most boring candidate ever. I've never seen a more boring candidate than her. And this is politics. A lot of people are boring that get into politics.

Starting point is 00:28:10 The market's just not interested. You have guests. You'll have them on. and what do you do? Do you think you're going to go back and interview guests that doesn't get eyeballs? You don't do that? I don't do that.

Starting point is 00:28:19 None of us do that. What was that? No one's interested. Why are you not interested? Boring, not entertaining, not electrifying, no charisma, no charisma. Give me something new. Everything's the same vanilla.

Starting point is 00:28:28 Same story, same story, same stories. Nobody wants to see it. I already don't know what he's going to be saying because he says the same thing. A lot of content creators who were gods 10 years ago, five years ago, who are dying today. Why are you going to watch them?

Starting point is 00:28:40 You know what they're going to say. You know what their answer is going to be. They don't recreate themselves. The same way the market reacts to boring content, not getting fresh, you guys are changing it up. The same with Kamala, the market is just not interested on what she has to say on the interviews. They're only voting because they can't stand Trump. They're not voting because they love her. Although really quick, if you run a business like us, you know that handling the back office finances could be a big headache. You have countless cards, receipts, and payments to keep track of. And then as your team grows, you add more company

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Starting point is 00:30:28 and this is bad news for all of us. With less local news, noise, rumors, and misinformation fill the void. And it gets harder to separate truth from fiction. That's why CBC News is putting more journalists in more places across Canada. Reporting on the ground from where you live, telling the stories that matter to all of us. Because local news is big news. Choose news, not noise. CBC News.

Starting point is 00:30:56 Okay, when I sell my business, I want the best tax and investment advice. I want to help my kids, and I want to give back to the community. Ooh, then it's the vacation of a lifetime. I wonder if my out of office has a forever setting. An IG Private Wealth advisor creates the clarity you need with plans that harmonize your business, your family, and your dreams.

Starting point is 00:31:19 Get financial advice that puts you at the center. Find your advisor at IGPrivatewealth.com. So what is keeping traditional media in place? Three things. One is boomers. One is Big Pharma. And the other one is sports. Now watch what's happening with sports.

Starting point is 00:31:37 NFL, NBC, is so scary. of what's going on with sport. Charles Barkley, how dare the Miami Dolphins and the Kansas City Chiefs go put that one game on Roku or whichever it was and they paid them $110 million.

Starting point is 00:31:53 All they care about is money. Charles, do you do NBA on TNT for free? Well, no, I'm all about making money, but this is a little bit too much. Who says that? You say that? No, it's called disruption. The game is going a different direction.

Starting point is 00:32:08 Look at shows on mainstream media. By the way, here's the other prediction to be thinking about. Here's the other prediction to be thinking about. You'll remember this. For sure, you'll remember this. Do you remember during COVID? There were guys that are doing lives three, four, five times a day, and they're killing it growing exponentials.

Starting point is 00:32:29 Some of the guys got 100,000 subs in a month, right? And G5, was it G5? Yeah, G5 and COVID and market and the next stimulus, the next stimulus, reaction to the next stimulus. Reaction to the next stimulus. stimulus changed. Chief Fivacian, they disappeared. What are you going to react to now?

Starting point is 00:32:47 Trump, the election, it was the election, it was Trump and Kamala, RFK and Tulsi and, let's on, no, no, let's on November 6th. A lot of talent. They're scared shitless. Because guess what? You know what November 6 is going to happen?

Starting point is 00:32:59 People are going to say, I'm freaking dumb with politics. I don't want to know nothing else. Give me a year or two year break. I'm not interested. You're going to see a lot of the talent content creators that are doing talent individually, they're going to join teams and alliances. That's going to happen November 6th when they're going to think about it.

Starting point is 00:33:18 Now, they may not execute on until March, April, May, June, July of next year because they're like, no, I'm going to be fine. I'm going to be fine. They're going to experience that. Not everybody. Now you guys, but a lot of people are going to be doing that. So that's one part. Second thing, November 6, the mainstream media, the only reason I don't think they're going to

Starting point is 00:33:37 be dead the next four years is the answer is going to. to be a little weird. I think Trump's going to prevent them from going out of business the next four years. Because when Trump's in office, CNN ratings was to the roof. MSNBC's rating was to the roof. They needed outlets to go out there and talk trash about Trump, and they're going to freaking let CBS. You're going to see record-breaking number of subscribership and blah, blah, blah, blah, blah. Why? Because they have an enemy. They can't do that under Kamala. This game is a very tough game. Why? Podcasting is not for everybody. It's not. I can sit here. Give me. me a teleprompter, I'll read it.

Starting point is 00:34:12 So today at 6 p.m., there was news reported that in New York City, a family of six was shot when it was, I'm reading, right? Now, I try to do this. Now try to go through this. Not everybody can do this. How many guys go from there and make it happen? Maybe Tucker, how many more? Maybe Megan?

Starting point is 00:34:28 How many more? Not a lot of them. So this game is about to change in a major way. And Lex Friedman is absolutely correct with what's taking place. In 2008, 2023, 2024, Bobby showed. The way to compete is podcast. Trump saw that. Boom.

Starting point is 00:34:44 I'm going on podcasts. But you think this is crazy? 2027, 28, you're going to see actual presidential debates taking place on podcasts. You'll see that happen. It's changing. I would love that.

Starting point is 00:34:57 No, it's going to come. It's going to come. Because there's going to be money behind it. It's going to come. And the main problem, I think, also, with these huge outlets is that there's no accountability whatsoever. Did you read Jeff Bezos's opinion

Starting point is 00:35:10 in Washington Post. I was actually, so I saw that he did that, and I was very excited. And then I read it, and I was wildly underwhelmed because he said that the media needs to be accurate.

Starting point is 00:35:21 They need two things. To be accurate, and then for people to believe that they are accurate. And he says Washington Post has not done the latter. Let people believe that they're accurate, basically saying that people

Starting point is 00:35:32 can't make the decision for themselves if the information that they're receiving is accurate or not. They don't have that agency. It's up to the news source to tell them that what they're saying is accurate, which I think is kind of taking away the agency from the people that are ingesting the information.

Starting point is 00:35:47 I mean, here's the reality of it. He's got 2.25 million subscribers, right? 2.5 million subscribers, of which he just lost 200,000 yesterday. Okay? 8% is gone. What's he now going to do? So did he lose 200,000,

Starting point is 00:36:05 but he gained 100,000 conservatives? No. He just lost. because the average conservatives or libertarians not sitting there saying, oh wow, great job, Bezos. I'm not going to come and subscribe to Waupo. Oh, great job, LA Times.

Starting point is 00:36:18 Now are going to come back and subscribe to L.A. Times. You didn't gain conservatives. You just chose not indoors. So they didn't win anybody. They just lost. So what are they going to do now? When it comes down to TV podcast, you have to know to be a good host,

Starting point is 00:36:35 to ask good questions, to be a good conversationalist, to maybe have a good shock factor, good storyteller, suspense, good analysis, good breakdown, a way of looking at something that nobody's thinking about to say, well, I just like the way this guy thinks. He's always different than what everybody else thinks. Oh, interesting. Never thought about it.

Starting point is 00:36:52 Or very honest, transparent. I trust this guy when he effs up. He says it. Ted Turner said something. And I think this is where a Bezos, if he reads the book, they call me Ted or something like that, the book. At the end of the chapter, end of the book. By the way, both of you guys would enjoy reading this.

Starting point is 00:37:09 It's a phenomenal book to read. At the end of the book, he's interviewed by one of the current CNN anchors. And he talks about how disappointed he is in what happened to CNN. He says, I started CNN for news to be the star. He says, now the star is the anchor. No one cares about the news. Things changed, right? Now, part of it could be the Fair Doctrine Act of 1987, where Trump, I'm having him on the podcast.

Starting point is 00:37:35 We're talking. He says, you know, back in the days, Whenever they're doing a story on me, somebody independently would call and verify, are these stories true about you? So think about this. You're writing for New York Times. He's an independent company. He calls me and says, hey, Patrick, this is what New York Times is writing. Can you verify these things?

Starting point is 00:37:53 And I would be able to give my argument to it on the hit piece that you're writing on me, right? Okay. Ever since 1987, you don't need to do that anymore. The fair doctrine is that because propaganda became a normal thing. You can say whatever you want. There is no accountability. Nobody can sue you. They used to be able to do that

Starting point is 00:38:10 because they used to say a media company that was called the Thomas Mund Act back in the days where you have to give me both sides of the story. That's the Walter Cronkite days. He was a hardcore liberal. Nobody knew about it.

Starting point is 00:38:21 He just gave you the news. The moment that's wiped out and the journalistic integrity and accountability is gone, everybody can keep writing opinions, opinions, opinions, Russia collusion, Elon Musk is this.

Starting point is 00:38:33 Why did they get rid of that? What was the argument for getting rid of that? Yeah. So, I mean, the argument was you should let people talk and you should let people present. And then keep in mind, I wasn't involved to know if lobbies were involved. Because think, if you're sitting there saying, guys, we keep getting hit by these lawsuits, man. If we can sensationalize stories even more, we're going to get more eyeballs.

Starting point is 00:38:55 More eyeballs equals more sponsorship money. How much that lobbyist firm wanted to, if we hired them, how much money do we need to give to these guys? $2.8 million. If we do the $2.8 million, and we turn that over. How much can that turn into? Oh, advertising would go 300%. Can we talk to account? Hey, CFO, can we afford that $2.8 million?

Starting point is 00:39:14 Let me run numbers for you. Yes. Give that guy $2.8 million. All right. Doctor and that is gone. No way. Yes. Oh, phenomenal, guys.

Starting point is 00:39:23 Pump it up. More. And let me tell you what I believe is going on. A source and anonymous source told me, what anonymous source? Everything was anonymous. An anonymous source told me that Graham Steffen is taking steroids and growth hormone, and he sold them the steroids. Anybody can say that nowadays.

Starting point is 00:39:39 What do you mean? An anonymous source said that. And now you have to go answer it. It's awful because then if you address it, you have half the rumors as well. You get credibility. Then he addressed it, so there's got to be some truth to it.

Starting point is 00:39:50 Why is he hiding it? And then if he doesn't, why isn't he addressing it? It must be true. That's the sensationalism factor when you get rid of and you allow propaganda. Now anybody can say,

Starting point is 00:39:59 Jake Tapper's being questioned by J.D. Vance. Russia collusion, see, whoa, an FBI. What are you talking about? You don't have you. Well, an FBI. Yeah, we did. We looked at it.

Starting point is 00:40:06 No, you didn't. So Jake is like offensive going back and forth with Jay and said, what are you talking about? You did this the entire time. Now you want to say an anonymous source that used to work with Trump back in a day said the following. Enough of these anonymous sources. So, and you're going back to independent content creators. What do independent content creators do? All we do is we question.

Starting point is 00:40:28 Why did this happen? Hey, can you pull that up? Huh. Can you something? Huh. What do you think happened? Is it this? Is it that?

Starting point is 00:40:35 And then somebody's watching and saying, what is that white envelope they're talking about? And then let me create a Reddit to see what people think it is. Let me see 6,800, 990 comments later. Oh, there was a person that are, these are five different things. I found out what it is. That's how this thing works. And that's scary to them, right?

Starting point is 00:40:55 What you're doing, what we're doing? It's very scary for them. But long term, that's the direction we're going. On the topic of independent content creators, why did you guys sign on Chris Cuomo to the show? I noticed that when you guys did that, I saw more hate in the comments section than I've ever seen before on Reddit, on Twitter X.

Starting point is 00:41:15 I saw all of these hate comments. What was the strategy behind that? And why have I not seen them on the show in the past few months? I welcome all the hate. I'm not uncomfortable with that. Some of the people that called me and texted me and messaged me about how disappointed they were,

Starting point is 00:41:30 the fact that we signed Chris, if I tell you the names you wouldn't, believe it and I wouldn't tell you the names. This is not because I don't want to throw them under the bus. It's just a private conversation I have with these folks. But I understand why they would say it because for the longest time he made the people that didn't want to take the vaccine seemed like they were the bad guys. He was part of that camp that he went through when he was at CNN. The whole Iver-Mectin everything, we had Dave Smith, we had this debate that took place. Now, for me, my comfort zone is controversy, chaos and issues. Because if there's not a clash of ideas,

Starting point is 00:42:03 you don't get to the truth. If I want to find out how mentally and emotionally tough my kids are, and I notice one of my kids is very good at talking shit to the other ones, and I watch to see how long it takes so that person gets rattled and gets emotional, and I'll say, that's all it took? Yeah. Seriously? Yeah.

Starting point is 00:42:23 I said, let me ask you a question. What do you think we are as a family? You think we're a very quiet family without your father having strong opinions? You guys are kids right now. Everything's going to happen when people start saying stuff to you about your dad. How are you going to handle it? What do you mean? Well, let me give you some stuff right now.

Starting point is 00:42:39 So I start saying, what are you going to do if somebody says this? Well, that's not, but what are you going to tell them if they say something like that to you? How are you going to handle this? What are you going to do? Somebody says this about your brother. So we now started role playing how to do press conferences and I start poking them with comments to really piss them off. I said, you don't, you have that thin of a skin? You want to do something big, but you don't have that thin of a skin.

Starting point is 00:42:59 At Kevin McCarthy on a podcast a month ago, and I said, let me ask him a question. I said, let me ask you, here's a little. Here's a list of people that I think will run in 2028. What do you think? He didn't comment on it. But then afterwards, we walked away and we talked about some of those names of people. The one thing that he said to me that I'll reveal, which was fantastic, he said the following. He says, you know that guy you said that could run for office?

Starting point is 00:43:17 I said, he won't run. I said, why not? He's not battle tested. I said, he's not battle tested. What does that mean? He's not battle tested. He says, you have to realize most of these guys cannot go run. When hit pieces come, the average guy cannot handle it.

Starting point is 00:43:32 It doesn't matter if they're a billionaire. Did you watch the Lex Friedman interview with Trump? Did you guys watch it? Do you remember that part where Lex asks them the question about other friends running for president and, you know, who's it for and who's not for? He says, one, there's a lot of billionaires that don't know how to talk from stage. They just don't know how to communicate from stage. You have to know how to communicate, entertain, tell stories. Most of these guys are not good public speakers.

Starting point is 00:43:57 Like Mike Bloomberg, he's not a guy that can get on stage and entertain an audience for a long time. But another part of it is How do you do when they attack you? Guys calls me the other day And he does a story on me And we had a very well-known guy From one of the biggest magazines That is going to be here with us

Starting point is 00:44:14 On Election Night Hates what we stand for Not on the same page with me Here's how to call ended I said, let me manage expectations With you moving forward He says, what's that? I said, you have my cell phone number

Starting point is 00:44:24 What I shared with you If you say anything I just said In the article you're writing, that I said. The way I said it, I'm always a phone call or text away. I swear to God, if you in any way

Starting point is 00:44:40 try to spin what I said to you in a way that makes me look bad or hurts my relationship with the person that you're writing the article about, you will never get a hold of me. And I'm going to be around for the next 40 years.

Starting point is 00:44:52 So if you want to have a 40-year relationship with me that I'm a phone call or text away, you best be fair and straight up with me. If you're not, this is not going to work out. You know what he said to me? Pat, I may not agree with everything you're doing, but I'd like to have that relationship with your long time.

Starting point is 00:45:04 I said, great. Then guess what? Let me know when you write the article, sends it to me over. These are the things that you have to get used to having these relationships with people and managing expectations. When Jordan first came in the game and everybody was doing interviews afterwards and they started talking shit about his family, Jordan made it very clear, hey, my family is not something I want to talk about. You can ask me any questions about the game, not my family. If you talk about my family, I'm not giving interviews. You know what happened?

Starting point is 00:45:34 Everybody realized, you want Michael interviews? You can't go after his family. They left him alone. And Michael had a personal life that he didn't walk on, you know, water. He had certain issues. Nobody covered it. Because ask me anything you want about the game. But don't ask me about my personal life.

Starting point is 00:45:49 That's the way you also manage that relationship based on whatever your level of acceptances on the topic that you want to talk about. So the battle tested part is. is going to be interesting to see who'll be able to handle it or not, but it's going to be very tough for a lot of people long term, especially those that want to maybe get to the next levels of running. Yeah. Now, in terms of policy,

Starting point is 00:46:10 do you think a zero income tax is actually possible? So let's do the math. How much money do we need to run our government? Depends on what you're funding, I guess. Exactly. But right now, how much money do we need to run our government today? With overspending, yeah. Yeah, it's probably you could get it down to five.

Starting point is 00:46:28 Okay. $5 trillion. Out of the $5 trillion, how much lower can we go to? Well, if you get rid of Social Security, you could save two and a half.

Starting point is 00:46:38 You get it down to two and a half. How do you get rid of Social Security? You got 76 million baby boomers. How are you going to do that? The way I like to think Social Security can be ended is assign an interest rate to all of the money people have contributed throughout their entire life

Starting point is 00:46:51 and then just pay it back in a lump sum and close it out. So everyone gets their own individual account that's invested in Treasury's... I mean, if the IRS can audit us, they can get access to these records, add up the amount you've contributed, assign an interest to it, maybe 5%, 3%. I'm sure people would rather have the money now than later and then just give it to them. Okay.

Starting point is 00:47:10 So how much is that going to cost you? What's that amount? $2.5 trillion? You're saying $2.5 trillion? Social security, I believe, is $2.5 trillion of the overhead. Defense. Okay. Defense?

Starting point is 00:47:24 How much of it can you change, especially right now? I have no idea. Okay, so our defense right now, what's the number? $2 trillion U.S. defense budget. Okay, how much of that can you lower? Do we need 780 bases worldwide? Why do we have 780 bases worldwide? How much does that cost us?

Starting point is 00:47:41 Do you realize we have 780 bases worldwide? Do you know how many military bases China has worldwide? It used to be two. I think they're at eight right now, five to eight right now. We got 780 worldwide. Why do we have 780 worldwide? What are we doing with that, right? There's a lot of areas where you can cut.

Starting point is 00:47:59 However, this is the challenge. To do that to get to 0%. The only way that could work out is if you, that way of thinking controls the administration for 20 years. And that's the problem. Because if you go zero and you put it on all the tariffs that were collecting from all these other countries, how much are those tariffs going to be?

Starting point is 00:48:23 So, for example, the trade surplus trade deficit. Our trade deficit is what? $1.1 trillion per year. We give $1.1 trillion more to other people. Like, imagine we're doing business. I buy $1,100 more from you than you buy from me. So I'm always giving you more than you're giving me. If we're business people, the way I described it, you do auto insurance.

Starting point is 00:48:48 I do real estate. I've given you $1,100 more leads and referrals. in the last five years than you've given me. You're not giving me any referrals. I'm always giving you. Eventually, I'm going to be like, why the hell am I giving you all this business?

Starting point is 00:49:00 You're not giving me anything. I'm going to stop giving it to you, right? So our trade deficit is $1.1.1 trillion. China's trade surplus is $840, $840 billion. You know who number two is in trade surplus? Germany. Germany gets $220, $2.40 billion more. Why?

Starting point is 00:49:19 BMW, the cars, the fancy cars that they got. So that's the part. So if he hired some, somebody that can go negotiate with these countries and saying, hey, we've given you this much to make up the difference, it's either we're going to make it up through tariffs or you have to spend this much money buying this much money business from these 20 different industries. And you don't have to do one. Maybe you don't have this because you have it right now.

Starting point is 00:49:40 You've got to buy the other ones. So I need you to buy this much money from this, this much money from this, this much money from this, right? So you're kind of going through that part with them. Great. But how long will that take for that negotiation to take place? because how long can China take that pain? Maybe a year, two years, three years?

Starting point is 00:49:55 They're like, who the hell are you? You're going to get out anyways. And I'm going to have some of my intelligence come and make sure you don't get elected. And J.D. Vance doesn't get elected. You ain't going to do this 0% stuff because I have to pay for it. So the only way I think that happens is, man, you need 20 years to shift the way we think to get people off of entitlement programs. And if you get people off of entitlement programs, like right now, okay, hey, I'm going to cut

Starting point is 00:50:16 you to tech social security. We're getting rid of it. Give a 58-year-old, $173,000 of social. security. You think they're going to keep that money or spend the money? They're going to spend the money. So how much should they have left that 62 years old, 72 years old? And now who has to take care of them? The kids, now the kids have to take care of mommy and daddy because they didn't spend, they spend the money in a hardcore way to now kids are having mommy and daddy live with them. That's problematic. So we're not a good saver society right now. We have very bad mindset financially.

Starting point is 00:50:47 It's going to take you 20 to 40 years to figure out a way to get to Zer's. 0% if we have everybody believing in the same ideology and philosophy. That's a tough fight to have. Not in four years. It's a very difficult thing to do in 4 years. By the way, if they do it, they deserve a Nobel Prize. I like the fact that it's brought up, but at the same time, I'm worried that that sets expectations so high that then if they were to do something like, say, reduce it 10, 15%.

Starting point is 00:51:14 It just wouldn't even happen because people are expecting zero or they're expecting no change at all. You set the bar still low, though, that if you get anything, then... Yeah. Look, it is a great conversation started to go. Like, if you ever read the book, The Art of Seduction or 40 Laws of Power, have you guys read those two books? No. Okay.

Starting point is 00:51:31 One of the things he talks about is cast a vision or a dream so big that seems unbelievable. Most people run through the wall for it to think it's possible that one day to become a reality. There's power in selling a massive vision. vision or a dream. The greatest leaders of all time that create a massive following, they were very good at doing this. It doesn't matter. It doesn't mean 100% of the dream or the vision became a reality, but they definitely created an army behind it. Some of them did. Some of them didn't. But hey, by the end of the decade, we're going to land on the moon. Now, you either believe we didn't land on the moon and it was a movie, fly me to the moon,

Starting point is 00:52:11 or you believe we did. But either way, the story of we're going to land on the moon, what is that? A massive vision. Oh, my God, we're going to do before Russia. this is awesome John F. Kennedy, let's go, right? It's exciting. So there's a part of it, but, man, you need a lot of years of people being on the same page together. So where do you think America's headed over the next 10 years? It's after the election. You're watching this Trump won.

Starting point is 00:52:34 J.D. Vance becomes enemy number two. Elon Musk is enemy number three. Trump is going to be enemy number three. I'm sorry. So it's going to be Musk, J.D. Vance, then Trump. So then the establishment, they're not going to go after Trump because Trump is just four years. They're going to go after Eric, Jr., all the other family members. So you just have to know who the enemy is going to go after.

Starting point is 00:52:55 That's who's going to get targeted. Crystal clear, those are the people. And maybe I would put certain people on the top 10 list. Avivake would be on the top 10 list, certain other people. Maybe not Bobby. Bobby is going to be 74, 75 years old. Maybe they're going to go in a different direction. Bobby's going to play a role, but they're going to target some of those guys.

Starting point is 00:53:14 Trump wins. The way J.D. Vance has proven himself as a great view. selection and Trump gets credit for this with Peter Thiel and Don Jr. But ultimately Trump were choosing him because it's his call. J.D. is proven he's ready to be a president. With that debate with Tim Walts, it just, it looked like a professional basketball player playing me one-on-one. And you're just watching the same, Pat, you have no clue what you don't know. You're right.

Starting point is 00:53:37 Because I'm playing up against Kevin Durant. And I don't know what I'm doing when I'm playing against guy like that. So J.D. Vance is formidable enough to be a two-term president. Okay. So if Trump is a one-term, J.D. is a two-term president. Now you got 12 years of momentum. And this is to blame for what Barack Obama and what Fauci and what Biden and what Harris and what a lot of this establishment did during the four years during COVID.

Starting point is 00:54:05 No one forgot that. There's a lot of people that didn't forget it. They are so angry. There is 14-year-old kids that are now 18 years old that will never forget how ninth grade was, permanently for the rest of their lives. I am 46 years old. I will never forget what it was like living in Iran when I was 6, 7, 8, 9, 10 years old.

Starting point is 00:54:22 Never, till today, I'm 46. I will never forget when Khomeini died for three hours, two hours. My mother can't find me. We're going all over the place. Everyone's panicking. Streets are riot. Until today, I can play that scene.

Starting point is 00:54:35 I'll never forget that, right? That stays with you. So you're 14 years old. You mean to tell me I couldn't go to school. I couldn't see my friends. I'm at home. I'm around my mom. My mom's trying to go to work.

Starting point is 00:54:43 We're getting into fights. My mom and dad are fighting all the time. This caused the divorce. You guys lost your restaurant that my grandfather ran for many times since the 40s and 50s. You did that to me. That's permanent. That's permanent fire in the belly that you cannot replace. Those kids are now 18.

Starting point is 00:55:00 They're going to be 22, 26, 30. That army of why male voters, 18, young male voters are becoming more and more conservative is not because maybe they grew up in a conservative family, so they're not becoming more conservative. You made them feel like idiots. You made me feel like I'm abnormal for being a regular young man, a young male, right? A little young boy who I am. What is so weird about me?

Starting point is 00:55:23 So I think that revolution of strong men coming back up, you're going to see a lot of that the next four, eight, 12, 16 years. And they're going to be heroes. Now, wasn't a lot of those lockdowns that started with Trump as president? No, not the lockdowns. No, he had what lockdowns did he do during Trump? March 2020. That states, though. You can't put states.

Starting point is 00:55:47 States, what they did with California, that's a state. What New York did, that's a state. That's up to the state. The Santa Sear did it in Florida for two to four weeks. He opened it back up. I remember I was here. That was like a, but he's not the guy shutting it down. It's the states that are doing it.

Starting point is 00:56:01 And Fauci was the one that's saying, well, I think it's not responsible. I have kids go to school and we need to do this. And he's putting that from the top. I think everybody needs to get a vaccine. I think everybody needs to do this. So that pressure, and Trump's like, is this the person that saved all the AIDS people? I'm hearing different stories about this Fauci guy.

Starting point is 00:56:19 Isn't this the same guy that was selling that whatever, the LZT back in the days? And we had a cheaper version of cure for AIDS, but he didn't want to do it because it was making $10,000, $12,000. Wait a minute. Who is this guy? Can you got something who this guy is? Trump's trying to figure out who Fauci is, right?

Starting point is 00:56:34 So, no, what states this is what states it. And then in L.A., the mayor, I think it was Villegroza. I don't know. If it was, no, it was a different mayor that is saying, hey, if you catch anybody that's non-essential working out there and you snitch on them and tell us, we're giving you $250. Who to hell creates a model like that, right? So those kids will never forget that.

Starting point is 00:56:56 They will never forget these policies cause their parents to get a divorce. These policies cause their grandfather who have some of their best memories ever of going that restaurant, breaking bread, putting it into this, you know, oil and vinegar and grandpa's telling stories about the times of Italy or about the times in Ireland, about the times of, you know, whatever they were. And these are memories, these kids. And like, you destroyed that. My grandpa worked on that.

Starting point is 00:57:20 How many restaurants? Nearly 100,000 restaurants, 50 million workers in the service business were not having a job. You did that to me. I will never forget that. They're going to get older. And those convictions are not going away. And universities are going to face a lot of these kids.

Starting point is 00:57:35 What do you think Charlie Kirk is done with Turning Point USA? You don't have to like the guy. You don't have to agree with the guy. But let me tell you, that guy's a very formidable guy, and his army's getting bigger and bigger. That guy's going to be formidable. There are a lot of kids that are looking at what he's doing and others are doing. That's going to be around the next 10, 20 years. But if Trump wins and Vance plays offense, and Vance is more involved than having victories,

Starting point is 00:58:01 and Trump gives Vance certain responsibilities that he is the face winning, not Trump, if that if Trump is comfortable with Vance getting public victories sometimes even more than him if he's okay with that that some of the credit goes to Vance and he's not upset about it Vance will go eight years but if all of a sudden Vance gets a little bit too much attention and it rubs them the wrong way and Vance gets a little bit too cocky that he's doing it and it gets to his head even a subtle smirk when somebody asked the question that says the following If you want to find out a divisive question to ask Vance, you know what it is? You're ready for the divisive question?

Starting point is 00:58:41 Hey, J.D. A lot of people are saying you're the president of United States and President Trump is the vice president. A lot of people are saying you're the one that's doing all this stuff right now. It's because of you. How do you feel about that? If he smiles for half a second and President Trump is at Marlago and sees that Trump, now you have division.

Starting point is 00:58:59 These are some of the things you've got to be ready for because the games are going to be pin to pin Trump against JD. If they're able to find a way to pin Trump against JD and now Trump is not happy about the attention that JD is getting, Vance is not going to get reelected because he'll be another Mike Pence. Trump's not going to let that happen. J.D. has to realize you are not the alpha. He has to give all the praise and edification to Trump the next four years.

Starting point is 00:59:25 Zero taking credit. If he does that, the head honcho at the top is going to give him the biggest endorsement for 2028 and he'll get in. If it's not Vivek or somebody else, but he'll be one of those guys. But I think if that takes place, you got Elon, you got Bobby, you got Tulsi, you got Tucker. If all of these things are taking place, ooh, this is not good for these guys for the next 12. They missed the mark on podcasting. They missed the mark on the way they presented their argument during COVID. This may not just be four years. It may be four, eight, 12 years. It's interesting, too. we've said for the last two years that we've tried to get people on the left we almost never get a

Starting point is 01:00:05 response back or they just say no people on the right seem to have no problem going on podcasting why do you think um my thought is that or what what ben told us ben Shapiro which i agree with is that the left overall has legacy media and they don't need to do podcasting to get their voice out there because they could go to a big publication or a big news outlet and say whatever they want. But you think it's just that? I don't know if it's just that. He's right that it's just that, but there is a layer deeper than that. It's not just that because what if it was the other way around? What if we're cable, okay, and cable's a new thing and podcast came first? Flip it. Let's say podcast came first and cable is us now. It's just a different platform.

Starting point is 01:00:54 Sure. Okay. And what if cable didn't agree to send you to questions, but podcasters agreed to send you all the list of questions, and you could say, don't ask this, don't ask this, which one would be legacy? It'd be legacy podcasters against media. And mainstream media, the cable network would be what? Oh, these guys, I'm never going to go on cable,

Starting point is 01:01:15 because they don't give me the questions, right? It's about who is controlled and is willing to release the questions and follow the guidelines and the ask that they're making. Whoever does that, they're favored by them. Whoever doesn't, doesn't. Think about anything you are very confident about speaking on. Are you okay if a person asking any questions on that? You're like, yeah, sure.

Starting point is 01:01:45 What if you're not? What if you don't know a lot about certain things? And you're afraid to go out and get exposed, right? And you're like, oh, shit, that was not good. that was a bad piece that went out. Oh, hey, we have to protect me. That cannot happen again. You guys got to make me look good.

Starting point is 01:02:00 There was a sports center commercial once with Dwayne Wade, and he's sitting there with the editors at Sports Center. And he's saying, hey, can you show me staying in the air a little bit longer than he did? I want you to edit it this way to make the highlight better. And it's funny. It's supposed to be like, you know, satire and they're making fun of it. Dwayne was like, this doesn't make me look good. We have to make me look better, right?

Starting point is 01:02:21 And he's talking to the editors. As much as that is comedy and they're trying to joke about it, a part of it is that. Hey, 60 minutes, can you edit this this way? So I give a stronger answer on Netanyahu versus the answer that I gave, cut that one and put the better one in there?

Starting point is 01:02:38 Podcasters are not going to do that. That is interesting. It reminded me of actually, so we've had a lot of people on the left, a lot of people on the right on our show. We've been requested one time to cut out some of the conversation and that came from somebody on the left.

Starting point is 01:02:52 Never heard. anything like that from anybody on the right. We just had the recent one with the Rock. When I put the Rock's interview, I asked them a lot of questions about, I said, what do you think your followership is? Do you think you're more conservative or more on the left? I said, because you're pro-military, right, conservative. Mawana's a family movie, conservative.

Starting point is 01:03:12 Your WWE conservative. You're a badass, conservative. Working out, conservative. You know, all the, you're conservative. I said, you know most, like, have you guys ever broken down the audience? So we do the interview. Afterwards, I have a call. And I get an email.

Starting point is 01:03:29 You got to cut these 18, 18, 19 minutes. And I lost it. We're at dinner at the Casa DiAngelo. And my dad is at dinner. This is the day that my dad's sister passed away. And I took my dad to dinner because he was going through it. And my oldest son was there. I'm like, I'm not doing this.

Starting point is 01:03:51 Now, respect to Duane. I said, Dwayne, here's what's going on. And I'm telling you, if we cut this, this is a bad look. He says, give me 24 hours. We talk. He says, Pat, put the whole thing out there. I have no problem with the interview. And then the audience was able to enjoy the interview when we're talking about politics.

Starting point is 01:04:12 It's uncomfortable because this guy's the most famous guy in Hollywood. 600 million followers. It's got like 500 million followers on Instagram, right? How many guys in that space are like the rock that will call me directly and say, hey, let's do this, most of them are protected. It's a very weird space. Most people are walking on eggshells. These famous people are walking on eggshells

Starting point is 01:04:34 afraid of what to say. And that's why guys like Joe are winning. But really quick, you might have noticed that since last year, the iced coffee hour has grown substantially. We've passed 1 million subscribers. We've had big guests on like Jordan Peterson, Michael Saylor, and Ben Shapiro. And we're even about to pass a billion views.

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Starting point is 01:06:53 Let's talk about a few more personal things. So you've mentioned that you're a minority owner in the Yankees. They're in the World Series. So congratulations. I know, I'm sorry. I know, I know. You have to realize sports to me is emotional. I love sports.

Starting point is 01:07:06 You know, I love the game. To me, baseball is spiritual. You go on the field. There's something very unique about baseball. Now, I'm guessing that a lot of this contract is behind NDAs and stuff like that. How much can you talk about your ownership of the Yankees? I'm curious to know. what's the R-O-I?

Starting point is 01:07:23 Very good. Are you kidding me? It's it. Oh, I made, whatever the Forbes return is for sports teams, that's what everybody follows. The number I'm going to say is 14%, right? What gives 14%? I don't know, a lot of stuff gives 14%. Yankees did last year for my equity.

Starting point is 01:07:41 Could that also be because the stock market's gone up? You're right that the market's gone up, but that's not really the case. it's a non-duplicatable asset. You don't have going to stock market and buy share the Yankees today. When that happens and you got the money, go in. Because that's the number one organization over any.

Starting point is 01:08:03 You don't get into the Yankees, right? Do you get a cash on cash return? Or is it that you just lock up your money and eventually? That's right. You can sell it eventually. Some teams you get dividends. Of course you can sell it.

Starting point is 01:08:15 By the way, just think like... But it's hard because you have to get the buyer to have clearance and yeah but but do you remember when shemad put the tweet about when he put 25 million dollars in golden state what happened 10 years later have you ever seen this tweet no he bought it in 2010 for 25 million dollars so 25 on 450 now the team is worth 5.6 billion so you know that 25 million made him 250 million dollars eventually i'd like to be a majority owner of a team i love baseball. I don't know if it's going to be the Yankees because I don't think they're going to

Starting point is 01:08:50 want to sell and Yankees is going to be the most expensive one to be a majority owner. I think I would make one, uh, I think I'd make a good owner with our leadership team because we love the game and there's pride behind it. It's not just a business decision. We actually love the game. We'd fly back in for it if it's the Yankees or a team here and we do some creative things. But I no longer have to go to a second background check if I choose to become a majority. If I choose to go from a minority to a majority, I would have to sell 100% of shares that I have of the Yankees,

Starting point is 01:09:19 if it's not the Yankees, to be able to get the other team. But now MLB knows who I am. I don't need to go through background check. Why don't they go public? Or any sports team, for that matter. And then you could trade the teams as you would stocks

Starting point is 01:09:32 in terms of like which ones are most bullogers. There's somebody that did that. You can actually buy shares of a team right now. They've just started doing it with e-sports teams and they're terrible investments because they've, They don't make money, but sports teams do. I can tell you, the Yankees investment is grown exponentially.

Starting point is 01:09:50 That's fat. I wouldn't have guessed that, too. That's fascinating. What's the minimum investment to be able to buy into a sports team like that? What kind of a team? If you want to go, like let you say the Memphis Grizzlies, you can probably get in at $5, $10 million. If you want to go to Dodgers, Yankees, $40 million cash to go through something like this,

Starting point is 01:10:13 because it's Yankees. They don't want a lot of owners. They don't want 600 names. They want 20 names. They want a few names. And they want to make sure these are certain people that you're looking at

Starting point is 01:10:22 that represents the brand if somebody has the gravitas, all this other. It's Yankees. On the topic of your own personal investments, you've also mentioned that your net worths like 500 million bucks. How would you divide that up?

Starting point is 01:10:36 Where's the money locate? Is it like what percent? Gold, maybe Bitcoin. So we just bought an 11-acre building cash, $25.2 million. On the airport, two hangers, Brian Spank you knew,

Starting point is 01:10:49 this property was bought in 2018 for $25 million. Guy put $7 million of upgrades, and then he went away. He got in trouble because of a government fraud, something he did, $130 million. And this went into the bankruptcy court, and there was a auction, and in the auction,

Starting point is 01:11:05 there was 4,400 people that were interested in the property, 131 that signed the NDA, and then there was the auction on the Zoom, there's like 40 people in the room, and you had to put a million dollars to be able to bid, and if you don't complete it, you lose a million dollars. And then when you do compete and you're the winning bidder, you have to give them cash within two weeks.

Starting point is 01:11:26 Within a week, we cut the check. We wired the money over to them, got the keys we moved in. We're going to build our entire room. Right now, we're building three buildings on that land, each 100,000 square feet to us 2,000 employees. It's, I mean, you've got to come see to what the place looks like. We're going to build one of the biggest holding companies in the world.

Starting point is 01:11:45 Right now, our consulting firm is growing exponentially on the amount of clients that we're managing, betdavid.com, bedavid consulting.com. If you go to bed david.com, it'll explain our five-by-five rule on the bottom of the website. There's a 22-minute video worth watching. So we're consulting for a lot of different organizations right now, companies from 60-plus countries. So the consulting firm, it's going to be a behemoth because we're not MBA people that got a degree. and I'm telling you what to do. Everything we're teaching you or sharing with you, we've done. Raising first round a million, then 10 million, then 35 million,

Starting point is 01:12:20 selling a business for a quarter of a billion dollars, hiring 2030 C-suite executives, all the mistakes you make in HR, technology, making the investment in technology to increase the EBIT up from 5x to 15 to 20x. All of these things you're going through. We share that with. You may come in and say, well, how do you balance that out? We're creating a marketing brand or podcast or this or that. There's nothing I'm sharing with you that is.

Starting point is 01:12:41 lip service, the ears from a book. So when you come in, we'll literally sit there and say, let me show you our YouTube channel. Here's what we're doing. This is what failed. This is what worked.

Starting point is 01:12:50 Here's how much money we're spending with us. This is what we're doing with us. So that's that part. So last time when you and I spoke, when we talked by cash, I said $200 million dollars. You remember? I think this was like,

Starting point is 01:12:59 this was the first one you on. Yeah, this is two years, right? When you got much cash and all this stuff. There's been multiple events since then. And Menecht has grown in ways, I don't know if you guys, are on Menect or not. Menecta is grown exponentially

Starting point is 01:13:14 but what we're doing with the app. I have right now nine unanswered Menex. Yesterday I did 56 Minx. Okay. And I will literally, matter of fact, let's do a Meneck right now on video to freak out the attendee, to person. Good evening, Patrick,

Starting point is 01:13:27 because I've been in Reservant, San Antonio over the past decade. I've had the opportunity to connect with some very successful individuals, both politically and leaders and business. Can you give me five questions that you would ask? I'm going to come to you to give a question. Key individuals, as you were strengthening

Starting point is 01:13:39 your business and connections with them. I only have a few moments to visit them. So then he is paying $2.40 for this video. Talent's going to make 80%. Menet keeps 20. So five questions you would ask these people to build a different relationship.

Starting point is 01:13:54 I'm going to go here. Boom. So, Justin, you got lucky because right now I'm doing a live podcast. Graham Stephan. Okay, we got our friends here that we're doing the podcast. They're very good interviews.

Starting point is 01:14:05 This is our third time. We're doing it with them. Five questions. Graham, what would you say if you're building a relationship with new business owners, what questions would you ask them if you're trying to network with them? I always like knowing what your biggest regret is. Because you could usually think of one really quickly that stands out.

Starting point is 01:14:21 I think that tells you a lot about the person and what they would change, if anything. There you go. For me, the more you're interested in them instead of trying to be interesting, sometimes like I had a guy the other day comes to one or 30-minute meeting with me, 29 minutes he's talking about himself. walked away. He got nothing. I don't mind that because I'm interested. So I want to hear you.

Starting point is 01:14:44 But if you go to like Sam Walton, I'll give you a story many years ago, found out about a market in Brazil, and these guys wanted to come to him to see what he was doing with Walmart. They flew out. He picked them up in a truck. They spent an entire day with them.

Starting point is 01:14:58 The entire day when the interview was, when the time was done with these guys, they said, so what did you learn from San Walton? He says, all Sam did for eight hours is ask us questions. Quite frankly, I know nothing. about what they're doing. Be interested, not interesting in that long ways. You'll not only learn a lot, but they'll like the fact that you're interested in them. Anyways, God bless body. Take care.

Starting point is 01:15:17 Bye-bye. So this video is gone. I'll use this video. If he makes it public for other people to see it, I'll give him a 10% discount. Submit it. Gone. 240 bucks. Manect. This thing is grown. In our first year when we came out with this app, Maneck, we did 28 completed Manex, four years. ago. Second year, we did 255. Third year, we did 2550. This year we're at 36,000 completed Menex in 2024. And we have a whole engineering team with this that's growing the downloads, all the stuff that's going on. Manect is going to be a combination of Duolingo, which I'm sure you're familiar with Duolingo, GLG, Camio, LinkedIn, and WhatsApp. All of those features we're working out right now with the engineers we've hired. So you've got the consulting

Starting point is 01:16:07 firm. You got Maneck, we got VTNews.A.I. You got PBD Podcasts and a few other businesses that were running. All that valuation right now, you can put it between $300 to $400 million, all those businesses. And where are you investing personally? In whatever I'm operating. Of course, I have what I've set up for my family, certain funds I'm looking at where I'm not picking stocks. I have a couple million in Bitcoin, not a lot. I have a half a million to a million, I think something like that in Ethereum. Again, not a lot. I have $10 to $15 million in collectible cards.

Starting point is 01:16:42 And then I got the money in the Yankees. I owned around $50 million in commercial real estate, $60 million in commercial real estate. Our house has a lot of equity, and it's a $40 million property. And then I still am one of the biggest shareholders, Class A shares in the insurance company that bought us, have a lot of shares in that. and in everything that I'm operating. And throughout my career, I've made some good investments that have done pretty well for us.

Starting point is 01:17:12 What's your favorite baseball card you have? Favorite baseball card. Okay, so I mean, 1933, Babe Ruth, Gowdy, PSA 8, love that card. Ted Williams rookie card, Joe DiMaggio rookie card, a Patrick Mahomes,

Starting point is 01:17:26 one of one that's probably a $2 million dollar card. It's a sick card. I have a Zion Williamson card that you'll hear about when I sell it. it's going to be a big card. And I'm talking like seven figure plus type of a card.

Starting point is 01:17:40 Well, you know about the offer I made on the Mickey Mantle, PSA 10? Do you know about that or no? But that's crazy. I made a, there's three of them in the world. And I made a $19 million offer to buy that card and they turned me down. Yeah. Which Mickey Mantle is it? It's a Mickey Mantle, 1952 tops, PSA 10.

Starting point is 01:17:59 I made a $19 million offer. Who owns it? One guy that owns it owns the Diamondbacks. Another guy that owns it. that bought that card for $125,000 in 1994, and another guy that owns it as a big card investor in the game. Yeah, trust me, I know. Wow.

Starting point is 01:18:15 How would you have frame that, like the Mona Lisa, like bulletproof glass, like 10 layers? I would love to have the card on that overpaying for the card. I'll overpay a little bit on the market because you've got to do that for a car like that, but not the number they're asking me. But if I did buy it, I'm never going to sell that. That's something that's going to be in the family

Starting point is 01:18:34 for God knows how many years. No, that's a Mickey Mantle PSA 10. PSA 10 is crazy. We're talking about like the holy grail of cards. So I'm curious, where do you see the next big opportunities over the next five to 10 years? And if you were starting over today with nothing and your goal was to get a million dollars, what would you do? What is my, so that question is loaded because I don't know my skill set. So one, I'm going to assess you based on star.

Starting point is 01:19:01 Are you an organized person? Are you a technical person? Are you a competitive action-oriented person or you're a relationship person? So those are your strengths. Now, let's go to the other set. Are you a math person? You know, where you're super, super data.

Starting point is 01:19:14 Are you a person that is, you know, kind of quiet to yourself, that you're willing to sit there and learn how to code and do all that other stuff and you're just enamored by building video games and undoing computers and build them back up.

Starting point is 01:19:26 It's a different skill set. Are you, my youngest son is so comfortable. If he came here, he would talk to you like he's just a regular guy. He would talk to it like you guys are boys. He's super comfortable talking to anybody. I mean, you know, he saw Trump talks to him. He saw Tom Brady.

Starting point is 01:19:40 Hey, throw me the ball. I want to play catch with you. You saw Kobe talk to Kobe for 50 minutes. He's just not intimidated by anybody, especially with all these figures that he's met over his lifetime. He's a natural sales guy. He can go sell. He's going to do very good. He's going to be selling merch next week at our election eyes.

Starting point is 01:19:55 He's going to be one of merch salespeople at 11 years old. So I have to know what your strengths are. For me, I learn very early on. I love men. math and numbers. I love people and I'm very curious. That is a perfect quality for financial advisor. So it's very easy to profile to kind of say, this is what you're going to do, get in. But if I see somebody that hates numbers, doesn't like to talk to people, and it's not that curious, and you just want to kind of sit there and code and do something, I can't give you the same

Starting point is 01:20:24 thing. What I will tell you that's evergreen for everybody, no matter what it is, if you want to be a coder, if you want to be a salesperson, if you want to be anything, if you can find five killers that you can go work for and shout, if you want to be a great podcaster, how much would you benefit from working for Rogan for a year? What do you think? How much would you benefit from working with Jamie? The value is on who you work for a year, two years to learn. Markets are going to pay you what the market's going to pay you. But if you want to say million, to me, easiest way to do the sales. I'm going to ask you a few questions that I guarantee you've never been asked before.

Starting point is 01:21:02 Let's hear it. These are very interesting. These are hypotheticals. Okay. The first one is called the employee who cheats. Okay. You discovered that a high performing employee is cheating the company but is bringing in significant profits. If you fire them, the company might suffer.

Starting point is 01:21:16 Do you report it or keep it quiet? What kind of cheating is it? Let's do the example of an employee who's stealing money. Okay. So let me give you a couple stories. One time I had one of my guys that was working for me many, many years ago. and they were reporting some things in ways that I did not approve to make things look better for them. I had a very direct conversation with them, sat them down, told them, you don't need to do this to impress me.

Starting point is 01:21:47 If you ever do this again, this is the last chance you're getting, you're getting fired if you do this ever again. It was innocent. It was not illegal. It was innocent. I said, you can't do it. It never happened again. We had another person that was, this one's an awkward one because it was our neighbor who we used to go to Bible study with this person.

Starting point is 01:22:05 That person's daughter, they said, can you please give this person a job? We did. This person came and worked for us. And they wanted to get paid in checks. It was the only employment. Like, why do you want to get paid in checks? I don't want to get directives. I don't want to check.

Starting point is 01:22:18 I'm like, okay, whatever, pay checks. So they're with us for three months, front desk clerk. Three months later. I get a report, Chase calls me saying, hey, fraudulent activity going out with such and such employee. You have an employee that's done X, Y, Z from you. They've taken the same check and reprinted it

Starting point is 01:22:38 and have gone in and I've taken $3,500 from you. And this was in California. Here's what we're going with them. Whether you decide to claim charges or not, we're going after them. And they're probably going to go to jail. Okay, we're just informing you of this. I said, you've got to be kidding.

Starting point is 01:22:54 No. I made the phone call to the mother. And I said, I got some bad news for you, and you need to hear it from me before it happens to you. What's that? We're firing your daughter. Your daughter stole $3,500 from us, whatever, $3,500, $3,500 from us. And we got a call from the bank.

Starting point is 01:23:12 The bank reported it that it's fraud. She's going to go to jail for fraud, and she's fired. I'm sorry to have to give this news to you because we're neighbors, but this is what's happening. The mother and the stepfather are in tears crying. because the person she was with had done this before, and they were hoping that now she was going to church that came, started working for us.

Starting point is 01:23:35 This habit was gonna stop. We fired them on the spot, no hesitation, okay? The other thing I will tell you is, sometimes you need to do a better job putting controls in place so your kids don't do anything that gets them in trouble. Sometimes we make it easy for employees to do things that they get in trouble. So I used to bring in,

Starting point is 01:23:56 Forensics guys and I still do until today and nobody knows I hire forensics guys to come and audit the company cars that you have you bought two books on Amazon that wasn't for me you bought it for yourself the forensics guys will identify all of that takes two weeks you spend a couple hundred thousand dollars But they're gonna identify who exactly is doing fraud and who's not and unfortunately when you do that guess what you have to be ready for They got to have a few calls to fire them and typically the way it happens to say face you go to them and you say this is you. This was not for us or the company. Who did you buy this for? And within seconds, they break. You need to resign today.

Starting point is 01:24:37 You're out. We wish you nothing but the best. God bless. You can't do that here ever again. You need to move on. Insurance. We had a guy one time insurance, him and his wife.

Starting point is 01:24:49 He was in Florida. She was in North Carolina. She was the licensed person. he went and sold an insurance policy in North Carolina to a client, and he was not the licensed person. She was, and he was great, very good communicator, was making $120,000 with us. One client called us and told us that she, the client,

Starting point is 01:25:13 had never met her. I'm like, wait, what? She's a licensed person, yes. He's not? Yes. You've never met her? No. You're serious?

Starting point is 01:25:23 Yeah. Got it. Hey guys, emergency meeting. How many policies has this person sell? 54. Call every client and find out who sold to this client and see if they've ever met her. Out of all the clients, 50% had never met the writing agent who was licensed. It was all him.

Starting point is 01:25:42 We called them, got on the call. They lied. He was the liar. He was very bold liar. It was a great liar. Then at the end of the call, we showed it because we wanted to give him a chance to see if he was going to be honest about it or not. Nope, we terminated them, reported them to the Department of Insurance.

Starting point is 01:25:57 They can never saw life insurance for 10 years, whatever the timeline was. We've been in this compliance space of people trying to steal money from us for a long time, and it's always nasty because it's a stupid mistake people making thinking they're going to get away. Nowadays, there's plenty of technology to catch people. You mentioned the importance of showing vulnerability to come off as relatable in terms of Trump. When is it okay to show emotion as a man, and when is the last time you cried? If you ask my wife, you can Mnector, by the way. Jennifer Bede, David, is unnecked.

Starting point is 01:26:28 Here's her QR code. Babe, I just gave you a shoutout. If you just click on this QR code, which you can do. You say relationship expert, what kind of topics? You know, a lot of people are better off asking my wife questions to see what it's like. But specifically, like, people want to know what. Ask my wife. She'll tell you a different thing.

Starting point is 01:26:43 But my wife's probably going to tell you she's not see me cry many times. One time she saw me cry, and it was very weird how this. This one friend really, I was hurt one night when he died, Jim Padrick. I loved Jim. I loved Jim a lot. And he was a part of a biker gang many years ago. And him and I used to travel together. We would share rooms together.

Starting point is 01:27:03 When I found that he died, I went to his funeral. I didn't cry, but two months later in the middle of the night at midnight for 15 minutes, I just had to step away. I'm like, what the hell you're going through? I really miss my friend, Jim Patrick. And I love Jim. That really hurt me a lot. But if you tell me the most recent time was Lewis House, when he asked me to question about,

Starting point is 01:27:24 what if you lost the Donald was God? I don't even know what happened that day. I didn't have anything weird that happened to me that day. But he asked me that question. I'm like, whoa, what was this all about? Because I am a very, very lucky man for the life I'm living today. I'm super grateful for where I'm at, for the responsibilities I have, for my family, for living in America, for the industry, I'm a part of, for the fact that I've built.

Starting point is 01:27:49 the business that people like working with me and the fact that we've been able to compete and do certain big things in life. I'm very grateful for that. So I would say the last time I cried was the loose house interview when he asked me about God. But I'm not a big crier when it comes out to. It really has to be something that really gets me to break. That's fair. One last one, because we know you have to go. It's a bit of a controversial question that's going on social media. If you rank importance of your mom, daughter, and wife in order, who comes first? You know, that's a cultural question because the question used to be if you're on a boat and it's your mom, your daughter, your wife, you can only save two.

Starting point is 01:28:36 Who do you throw off the boat? That's a, that's funny. I've never heard this. Oh, yeah, yeah. That's a question that we used to debate 20 years ago. And you would hear Hispanics most often would save the boat. the mom's life because it's who that means the most to them. Americans choose wife.

Starting point is 01:28:58 I'm gonna save my wife because my mom's already lived her life and my wife and we can have more kids. And you know, you can give the trick answer to say, I'll jump off with my mom and I'll try to swim. You're trying, you can get creative, but you're trying to corner somebody to make the answer to the question.

Starting point is 01:29:14 It's purely a cultural question to answer. And to me, the kid hasn't lived their life yet. That kid's got to have an opportunity for life. And the rest of us have lived life already. I want this kid to experience life. If I've lived 46, that's 46 more years than my kid has lived. Go ahead and give that kid the opportunity to live the life. I'm okay.

Starting point is 01:29:35 By the way, today, I'm 46 years old. I have lived a life of 100 average men combined, not in an arrogant way. also the nasty side, the ugly side, the tough side. I've lived an incredible life. If today I'm gone, you have no idea. There's no complaining. I'd like 50 more years. But if he says, no, it's done.

Starting point is 01:29:58 Dude, let's roll. I'll go upstairs and play backgammon whoever is there, and I'll go clean some clouds and chill out, and what job you have for me up here. I don't know if there's podcasting in heaven. If there is, I'm sure I'll do a podcast. I don't know if I'm selling insurance because you don't have any need for life insurance.

Starting point is 01:30:13 You're already dead, right? So it's going to be confusing what I'm going to be selling. But yeah, it's a cultural question you're asking, and that's my answer to that question. Love it. Thank you so much. Anytime. We'll do this again next year.

Starting point is 01:30:24 Yes, it's a tradition now. You guys are grown. You guys are doing phenomenal. Thank you guys. We'll link Menecht down below in the description. I kind of want to join Menect. That sounds kind of fun. I like talking about podcasts.

Starting point is 01:30:34 Grandma might join Meneck. I am on Menect, by the way. You're on Menect. As an expert or as a user? I think as an expert. I signed up a year ago. But we'll get you guys sit sure and I'll get your feature. Amazing.

Starting point is 01:30:44 Thank you again so much for coming on the show. Thank you. Until next time.

The Iced Coffee Hour - “Prepare For 2025!” Patrick Bet-David Exposes The Ultra-Rich, Free Money, & Business Failures

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