The Trillionaire Mindset - 35: Is This the End of Snapchat?

Episode Date: May 27, 2022

THE NEW WEBSITE: https://tmgstudios.tv This week Ben and Emil reflect on the events of the last few days, discuss the fate of Snapchat, and have an announcement to share. Don’t miss it! If you ...listen on Apple Podcasts, go to: https://apple.co/trillionaire Go to https://shopify.com/trill for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features Go to https://ladderlife.com/trill today to see if you’re instantly approved. That’s https://masterworks.io/trill to skip the waitlist. See important Regulation A disclosures at https://masterworks.io/cd Go to https://scoremaster.com/trill today and see how many plus points you can add to your credit score! SUBSCRIBE to Trillionaire Mindset at https://www.youtube.com/trillionairemindset Trillionaire Highlights Channel: https://www.youtube.com/TrillionaireMindsetHighlights Trillionaire IG: https://www.instagram.com/trillionairepod Trillionaire Twitter: https://twitter.com/trillionairepod TMG Studios YouTube: https://www.youtube.com/tinymeatgang TMG Studios IG: https://www.instagram.com/realtmgstudios TMG Studios Twitter: https://twitter.com/realtmgstudios BEN https://www.instagram.com/bencahn/ https://twitter.com/Buncahn EMIL https://www.instagram.com/emilderosa/ https://twitter.com/emilderosa *DISCLOSURE: THE OPINIONS EXPRESSED IN THIS VIDEO ARE SOLELY THOSE OF THE PARTICIPANTS INVOLVED. THESE OPINIONS DO NOT REFLECT THE OPINIONS OF ANYONE ELSE. THIS IS NOT INVESTMENT ADVICE. THE VIEWER OF THE VIDEO IS RESPONSIBLE FOR CONSIDERING ANY INFORMATION CAREFULLY AND MAKING THEIR OWN DECISIONS TO BUY OR SELL OR HOLD ANY INVESTMENT. SOME OF THE CONTENT OF THIS VIDEO IS CONSIDERED TO BE SATIRE AND MAY NOT BE CONSIDERED FACTUAL AND SHOULD BE TAKEN IN SUCH LIGHT. THE COMMENTS MADE IN THIS VIDEO ARE FOR ENTERTAINMENT PURPOSES ONLY AND ARE NOT MEANT TO BE TAKEN LITERALLY.*

Transcript
Discussion (0)
Starting point is 00:00:00 I don't know what he's doing over there, but the show has started. Emile? Yeah. Are you okay over there? What are you doing over there? I don't know if you're aware, but we are in studio and the show has begun. Come on, man. So, what are you doing?
Starting point is 00:00:18 Don't hassle me. Why? What do you mean? I'm watching Colombo. Give me a break. You're really watching Colombo right now? Why not? You mean that that detective with the what's his deal? It's got a trench cut and he always says just one more thing Colombo yeah, and you're watching it right now and you would like me to not hassle you Please don't while you're watching Colombo. Yeah, but but also
Starting point is 00:00:43 Recording the show is what we're doing now. I'm saying don't hassle me, bud. I will not hassle him while he watches Colombo. I will heed his warning. And I apologize for hassle on you, bubbu. Look, there's big news. There is big news. What's the big news? What do you tell the people? Hey, what is that? That's a t-shirt that says don't hassle me. I'm watching Colombo
Starting point is 00:01:08 Which is the thing that you just said it's it's finally happening we have been harassed and harrained enough Yeah, and we finally made we made t-shirts How sick are these huh? They're quite sick so and then... All of the biggest things, right? Well, we also got freaking koozies. Oh yeah, that's... That's, I mean, they're really high quality.
Starting point is 00:01:34 And you know it's summertime when you want to keep your beer cold and you want people to know... Or your water or tea. Or sprite. Beer. Yeah. Or drinking beer all summer, baby only for 21 or like 16 or 17 grab your But then check this out too Bumper stickers these are super sick too really really cool and then there you get a trillion in our mindset one and then the ship Yeah, so you get the classic
Starting point is 00:02:04 Don't have something I'm watching Columbia. Dang that's beautiful. You put that on your car the guy knows all right I'm going around this guy. Oh my they spelled hassle around Major look you fucking sucker And then yeah, you get you get trillionaire classics, you get the freaking logo. You know that's fucking sick. That's cool. You put that on your notebook at school. Girls are gonna go, you like the trillionaire mindset?
Starting point is 00:02:32 What is that you doored? Holy shit, yeah, you're gonna get beat up by girls. Yeah, you put this on your fucking notebook? Don't do that. You're getting beat up by girls, but this one? That one's cool. You're getting dates. You're not gonna know who to take to prom.
Starting point is 00:02:44 Yeah. That one's cool. You're getting dates. You're not gonna know who to take the prom. Yeah Me and if you get in made fun of me and Ben will come take you to prom, but put it on your notebook Also, we have to say these are special edition, okay? We've got 110 t-shirts thousand nope just 110 and then we have 100 sticker packs and 50 kuzis. And that's not a lot. It's not a lot. Well, they are on sale as we speak. And they went on sale early for TMG studios, tears members and trillion or mindset tear members for the TMG studios.tv. Oh snap, you better hurry. You better. It's entirely possible that they're gone. Yeah, check out my mug. Yeah, also while you're there,
Starting point is 00:03:32 throw a mug in your cart, because you got money to spend. You might as well. Take your parents credit cards, cut them up. Or steal a Visa gift card from Walmart. They don't need it Well, actually you can't do that because you need them to like activate it So if you know someone who works at Walmart, then you could probably steal better. Yeah
Starting point is 00:03:55 Anyway, get your sticker packs get your freaking t-shirts. Oh look at this guy go. He's a he's a real He's a real pro, you know, and once we run out we run out So if you don't get it on this drop, you'll have to wait until the next one Yeah, now's your time. Who the fuck knows when that'll be. Yeah, who fucking knows? That's between us and God You know how long it takes to get these? I Mean look how long it took Look how long it took. Yeah, we had to bargain with the sticker union. Oh, yeah, we big sticker was all over us and Big sticker was all over us and big sticker was all over
Starting point is 00:04:26 Fuck I remember one time I put duct tape over my nipples to surf cuz my what suit was chafing me And it actually was great But then when I got out of the water I had to remove the duct tape and that's when I was like oh this wasn't such a good idea after all Don't hassle me. I'm watching Columbia And we're also gonna to work on doing some kind of episode, special episode where we watch. Oh, we're working on it. I'm going to show Ben. I'm going to show Ben his first episode of Columbia. I'm really looking forward to it. Yeah. And then you know what we're going to have to do. We're going to have to watch
Starting point is 00:04:57 chappy together. So I can guide you through why it's actually. I'm actually busy that night. I didn't even give you a give you No, I'm so busy That's cool though. Okay, well we'll figure it out. Yeah, I think we'll try but we'll figure it out I'm just so busy. So like yeah, we'll figure it out. It's cool. That's not even an open can't no it is It's really good beer I'm sorry. Hey Glenn. Hey Glenn, I got to send you your t-shirt. It's on my couch. I just got to wrap it up and send it to you.
Starting point is 00:06:01 We signed it for him. Yeah, so go ahead and check the Disclaimer the disclosure whatever the hell hell yeah, the stocks are really work It's in the it's in the see more description box or see just click more whatever the fuck. I don't care Shut up Glenn. Sorry, but mine was a joke. I wrote I wrote comply this and then I drew a middle finger and then I signed it Hey, I wanted to give a shout out to Sam, a listener of the show. No, we don't do shout outs. A listener of the show got re-rended by a drunk driver.
Starting point is 00:06:33 Okay, we'll allow this. Yeah, she got re-rended by a drunk driver and sent me a DM with a photo of her wearing, she was wearing her, a trillion-year mindset shirt while as she got rear-ended. So she was wearing in the hospital and she was like hooked up to shit in the picture and was like, I've been telling the nurses and doctors to listen to your show.
Starting point is 00:06:54 I'm sure the nurses and doctors are like, shut the fuck up. Wow, come on, nurse, I don't listen to podcasts. I've been getting a lot of DMs from doctors and nurses lately and they're like, this show is dangerous to young people You're warping their minds That's exactly what we want to do. We want to meld their little minds to be smarter We're wishing their brains. We're smoothing out the wrinkles. Yeah, cuz that's what that's what have you seen a koala's brain?
Starting point is 00:07:18 Is it smooth smooth a silk baby from all the chlamydia and eucalyptus probably those little freaks It's weird that they're bears. you don't think about that they are They are marsupials. Well, I feel stupid now Pandas too pandas are bears when things you're gonna tell me a pandas what like a fucking kangaroo Wait, now I'm nervous. I'm wrong isn't a koala bear marsupial? I don't know man. I think yeah, well the babies the babies will because it's a koala bear Oh, they're not bears they're marsupials. Yeah, well, they're little dummies. They're so cute though But they're a little aggressive. They're aggressively. They're stupidly aggressive or aggressively stupid
Starting point is 00:07:59 Yeah, I don't know if I find them that cute. I think they're just kidding just kidding Oh, yeah, I forgot you got the little koala there I don't know if I find them that cute. I think they're just kidding. Just kidding. Oh yeah, I forgot you got the little koala there. Okay, that's incredibly cute. Yeah, that's just fun. You know what I'm surprised has survived this long without just absolutely tying humans, but sloths. Talk about a dumb animal.
Starting point is 00:08:21 They're just living life, man. One of my favorite Series sequences of jokes. It would work if you were closer to me I'll get closer to you knock knock who's there interrupting cow Moe right and then you follow it up with knock knock Come on in Knock knock it It's open! Can you just... It's the knock knock joke. Knock knock.
Starting point is 00:08:50 I'm just finishing up there, just come on in! Anyway, you say interrupting sloth, and then as they say interrupting sloth, who you just kinda... And then as they say interrupting sloth who you just kind of Slowly reach your finger out and then poke them on the shoulder. It's a great. It's great job Yeah, it'd make a five-year-old piss their pants piss and shit their little pants I remember I pissed my pants in kindergarten my friend Jason Rady. was like, Jason, can you go grab me some paper towel? I can still remember it like vividly, those hard like cardboard elementary school paper
Starting point is 00:09:36 towels, first grade paper towels. And I don't think- The low quality like recycled pulp. Yeah, but I don't think that would work. Once you pissed, it's like- Well, it was to clean up the puddle around my feet. Oh yeah. Yeah, but I don't think that would work. Once you passed, it's like... Well, it was to clean up the puddle around my feet. Oh, yeah. Okay, sure.
Starting point is 00:09:49 Oh, well, because it was an emergency. See, you just walk away from that puddle. You know, in my school, also, we didn't have doors on the stalls in our bathrooms. I like that. So, no kid, if you had to shit at school, God help you. Because not only were you shitting out of sheer emergency, so it was like, you couldn't not shit, you had to shit.
Starting point is 00:10:14 But kids would just show, they would, I remember going in the bathroom at recess one time, and there was a crowd around the stall, and I'm like, oh, somebody wants to be pooped. And I had to turn and look, and this kid going, go away! Leave me alone! Jesus Christ! Yeah, kids would ball up wet paper towels and hook them over and it's just like, God, you
Starting point is 00:10:35 poor fuckers. Oh, hey, we used to pretend, like if the bathroom was kind of crowded in high school, we used to pretend that we were like thrown out of this doll. So we would like, we would have our pants around our ankles and then we'd kind of go, whoa! And then we'd fall out. That's pretty funny. Me and my friend Chris Thatch in like seventh grade, this is embarrassing. We used to see how high we could piss on the wall.
Starting point is 00:11:03 Oh, Jesus. Yeah. Kids are disgusting. I know. You know how to say Concipated in German Far from pooping. Yeah, have I told you this one? Nope, but I I'm I've been around the block my friend. I told you it Yeah, you probably did. Yeah, you're right. Subscribe subscribe subscribe to our YouTube channel if you're if you're listening Please head over to youtube.com slash trillion in our mindset and subscribe. We are almost at 30,000 subs, which means we are only 20,000 away from the big kiss. The big kiss, the big down, baby. 50,000 subs. We are, we're at 29.8 K subscribers. That's
Starting point is 00:11:40 thousand. Oh, wow. We're pretty close to 30 K. We're close. Which means we're close to 50 K, which means we're halfway to a hundred K When you guys get the penis calendar the penis calendar. Yeah, the semi nude penis calendar You're gonna want to annihilate that subscribe button gonna click it so hard that some nerd over at Google Recoils from his stupid keyboard and then you're gonna want to smash that little notification bell that'll send that same engineer's head spinning. Just absolutely spinning. Sir, they're pressing the subscribe button way too fast and way too hard. It can't hold. It's overwhelming the servers. Shut up bitch. Get back to work. That's how they talk again. Oh, you've been on your too high again. They fire you because we all know that that's not how it works.
Starting point is 00:12:27 Anyway, so like this video, leave a comment. Follow us on social media if you want. If you're so inclined, if you feel so inclined. Uh, and anyway, it's gonna, oh man, we got gonna what? We got a lot to cover here. Hey. I mean we we we we I mean we we I mean we we we we what am I French I mean we we I'm a shelly snap Snapchat is not doing so good. I don't know if we want to talk about gun stocks.
Starting point is 00:13:09 I want to talk about the Second Amendment. I want to express my anger and disgust. I want to rant. I think you can get the rant out of the way because... People should see it. Fuck. Yeah. Okay.
Starting point is 00:13:24 So there's this thing that happens, first of all, there's a couple of things that are gross about our system. I mean, there's a lot that's gross, but a couple of things come to mind. We talk about it a lot on this show. Yeah, we've got private prison stocks, right? So what does that mean, Emil?
Starting point is 00:13:40 That means that these private prison companies have a bottom line. They've got margins. They've got shareholders to consider. What does their business model consist of? They need prisoners. They need prisoners. They'll fill the prisons.
Starting point is 00:13:54 Otherwise, they go belly up. So do you think that those private prisons just sit back and wait to collect their prisoners? I sure hope so. Oh, you would think, my friend, but vlog no, they don't. They, they love you. They, they want stricter laws. They want, um, they, they, it is in their best interest to have more criminals, to have more,
Starting point is 00:14:17 not even criminal, I shouldn't even say that, to have more people to throw in prison. And there are also publicly traded gun and ammunition and weapons stocks. You got Ruger, you got Smith and West Smith and Weston. There's a few others who I'm also, I mean, we've talked about when the Ukraine stuff happened, we were like, the only winners here are going to be defense contracting companies. And their stocks are going to shoot up. And historically, when there has been shootings, the next day, like clockwork, all of these gun and ammunition stocks are up, five, 10% and it's usually because the prevailing thinking is
Starting point is 00:15:04 there's going to be backlash, there's going to be stricter gun laws. Therefore, people are going to go out and buy as many guns as ammo and ammo as they can before those laws get enacted. It also happens when there's Democratic president elected. Interesting. Funny enough, gun stocks are kind of in the shitter. And I think that there's been a muted reaction from, but they did jump a little bit. Yeah. Because there was a New York Times article. Guns, gun maker stocks, which often rise after mass shootings jump. It's gross.
Starting point is 00:15:37 It's, yeah, look at this quote from this guy. Oh, yes, Smith and Weston and Vista outdoor both increased about 7% while Stern Ruger gained more than 4% at the stock market overall was about 1% at the other day. The gun industry has perverse incentives because sales and their stocks go up when there are events like this. They also had a big pandemic
Starting point is 00:15:59 because gun sales went up sharply during the pandemic. There were lines around the block at your local gun store. You know what's interesting? I've been seeing billboards around Los Angeles for less than lethal. Oh, yes. What the fuck are those? Those are, that's really, they're like handguns that are orange. I imagine it's like rubber bullets or something. Yeah. Really interesting. Just do you not want to kill, but you still want to maim?
Starting point is 00:16:25 I got a gun for you, pal. Jesus Christ. So, I went on a bit of a Twitter rant last night, because I just was pissed off thinking about this shit. And there's gonna be things that I'm gonna leave out that I'm gonna remember later, and it's gonna piss me off. But there's just, there's a lot to cover with how fucked up it is
Starting point is 00:16:49 that we are where we are. And just a couple of things that I wanna rattle off and feel free to chime in with whatever you got, but the constitution was written what? Over 200 years ago, what is it? 200 and 200. 200. The odd years, whatever. Yeah.
Starting point is 00:17:06 Like, they didn't even have candy back then. They didn't even have sour skittles. They probably had candy. Yeah, but they didn't have sour skittles. If you gave Ben Franklin a sour skittle, his little free kid would explode. Sure, yeah. You know, they didn't even know dinosaurs existed.
Starting point is 00:17:24 Yeah, I think so. No, I know so. They didn't dinosaur know dinosaurs existed. Yeah, thanks a lot. No, I know so. They didn't dinosaur bones weren't discovered until like the 1800s. But they probably believed in dragons. I get where you're going with this. And yet we 250 whatever years into the future are beholden to these rules laid out by these guys and So a similar kind of thought exercise that I like to think of is hey if we were given free reign to create a nation today And we were to lay the groundwork for future generations hundreds of years down the line
Starting point is 00:18:02 no sensible person would be Hard and fast like, nope, what we think of today, even though we can't fathom what technology technological advances will occur in the next hundred and two hundred three hundred years. What we say today will have to stick after we're long dead and buried and have been reincarnated into various beautiful animals hopefully a dog. That's where you want to be? That's what I want to be. But it just, it blows my mind how staunchly stubborn the second amendment fucker boners, I will call them. Second Amendment boners are sickos. Which is funny because the first part of the second amendment says well-regulated
Starting point is 00:18:47 well-regulated And yet it's just there's no there's absolutely no room for any kind of Regulations yeah, well, that's what's funny. They're doing the uh It's always they're gonna take our guns. They're gonna take our guns. And I'd like to see you try. There are two gunbills that pass in the house that are just sitting there waiting for a vote in the Senate. And neither of them are gun bands or about taking laws.
Starting point is 00:19:15 They're also quite short if you'd like to read them. You can look them up HR8 and HR1446. Both of them, HR8 is for requiring a background check for every arm sale, the purpose of the act is to utilize the current background checks process in the U.S. to ensure individuals prohibit from gun purchase or possession are not able to obtain firearms. HR-1446, similarly, wants to revise background check requirements applicable to propose firearm transfers from federal firearms licensee. It increases the amount of time from three businesses
Starting point is 00:19:45 to a minimum of 10 business days. And a popular refrain. And these are not, yeah. There's no, well bad guys are gonna find a way around the gun laws anyway. And that drives me insane because, well, how many guns are in America? There's like 400 million guns in America or something like that?
Starting point is 00:20:01 I believe there's like two for every one citizen. Well, then that'd be about 700 million. There's hundreds of millions of guns in America or something like that? I believe there's like two for every one citizen. Well, then that'd be about 700 million. There's hundreds of millions of guns in America. And what drives me wild about these people who say, well, you might as well not make laws because bad guys are going to, well, we might as well not have any laws. First of all, because if that's where you're going, that's that logical conclusion. But secondly, the only reason we are at this point where there is such a glut of gun supply out there for people to skirt laws is because of decades of lacks policy like this that's been influenced by the gun lobby and by the
Starting point is 00:20:39 NRA. Sure. So if we had implemented sensible restrictions 30, 40, 50 years ago, we wouldn't be in this position today Or at least we would be significantly less likely to be, I would think And for that matter, here's my solution Oh, I love prescriptive uh... Gun? There needs to be myriad incentives To reduce the supply of guns, buybacks, tax incentives. They work vouchers for fucking gas, whatever. Like, hey, you got it, you got an AR-15, we'll buy it back from you for $3,000.
Starting point is 00:21:17 It's just like the cash for clenkers thing that California did for cars that failed smug. You got a car that's worth $500, doesn't matter. We are gonna buy it back for three thousand Yeah, but I don't know I don't think that's necessarily problem right this kid bought that's one part of the problem That's one because this kid bought this kid turned 18 bought a gun sure like a week later So that's the other thing so I mean, and he's not gonna go. I wasn't gonna shoot up this school But you know it I heard I can get a rebate for gas What What? That's one part, there's, it's too hard to get guns. Yes, so I'm talking about, that's just the first part.
Starting point is 00:21:53 You gotta get rid of the existing guns. You gotta, or at least dramatically reduce them. Second part is, you gotta make it so fucking hard to get a gun. All right, now we're talking. You gotta make it so fucking hard to get a gun. All right, now we're talking. You gotta make it so fucking hard to get a gun. You gotta have to say, you have to give a reason why you need the gun. Undergo. Kill myself.
Starting point is 00:22:16 You need to undergo. Okay, so I like this quote. I don't know who it's from, but Rex Chapman, the guy guy the perennially online twitter guy uh... former nba player yeah uh... here's a quote how about we treat every young man who wants to buy a gun like every woman who wants to get an abortion mandatory forty eight hour waiting period parental permission a note from his
Starting point is 00:22:37 doctor proving he understands what he's about to do a video he has to watch about the effects of gun violence and ultrasound wound up the ass. You know this let's close down all but one gun shop in every state and make him travel hundreds of miles takes time off work and stay overnight in a strange town to get a gun make him walk through a gauntlet of people holding photos of loved ones who are shot to death people who call him a murderer and beg him not to my gun. I mean this is a bit I get what he's saying but you don't even need to go that far there are plenty of things that are more regulated than guns right it's just that but you don't even need to go that far. There are plenty of things that are more regulated than guns, right?
Starting point is 00:23:05 It's just, it's, they're very easy to get. There was an automobile license. Sure. And there's that video going around of some news company in Virginia had a 13 year old. The first they sent him into different stores to try to buy booze. They're, they laugh them out of the store. Then he does cigarettes, then he does a lot of tickets,
Starting point is 00:23:25 and every time he gets laughed out of the store, and then he goes to a gun show. 13-year-old. 13-year-old. He goes to a gun show and buys a gun. Successfully buys a gun. Very easily. And what state was this for Virginia?
Starting point is 00:23:38 Yeah. And it's, yeah, all of these things are much harder to do. As country country world. When it's a public sale, apparently you have to be a team, but when you go to a gun show, it's this weird loophole. It's their considered private sale. So yeah, it doesn't have to be the same. It doesn't have to follow the same regulations.
Starting point is 00:23:58 I don't understand what goes, what the brainworms in these gun lovers heads are doing? Well, they fuck the guns. But I don't understand how they're even against that. Any kind of... Well, I don't think, okay, so that's a small percentage of the population. Sure. There's that number going around now, like 89% of people are desperate for some kind of gun regulation
Starting point is 00:24:26 Yes, but as we've talked about on the show Public opinion does not influence American policy. No the minority rules No, yeah the lobbies rule. Yeah And you're seeing the reaction from right wing politicians is bizarre They you know, they love to talk about the mental health crisis, right? But Texas denied federal funding for addressing the mental health crisis. Yeah. Where they blame, well, there's too many goddamn doors on that school.
Starting point is 00:25:00 That's what Ted Cruz said. Have you seen how many fucking doors are on that school? That's the real problem. Ted Cruz said. Have you seen how many fucking doors are on that school? That's the real problem. Ted Cruz is such a parasitic worm of a man. And you can, it's just looking at his face and the forced expression of concern in his eyes. And he's just such a hollow shell of a person who truly I mean he's just what an ugly ugly person he should just take off and go back to can't
Starting point is 00:25:36 coon for this one he should just oh man I mean it's just it's just such a bummer that this guy exists oh yeah he's real he's just such a bummer that this guy exists. Oh, yeah, he's real. He's just such a like He's just so fucking fake and phony. It's oh remember when Donald Trump was like Ragnondom dunking on his wife and then Trump wins the primary and he's like, you know, Donald Trump is a good man I stay behind him and yeah, he just fucking lines up behind it He's imagine being such a fucking feckless coward Donald Trump is a good man, I stay behind him and he just fucking lines up behind it. He's... Imagine being such a fucking feckless coward.
Starting point is 00:26:09 Imagine fucking, imagine having to fuck him. Okay, so I actually did in the late 90s fuck Ted Cruz. And it was kinda good. Just look at his stupid bulbous nose and his... His smooth skin and his high cheekbones. Are you? His kissable powdery lips. Holy shit.
Starting point is 00:26:36 But yeah, I don't, it sucks ass. It's, it, it, God. I don't quite understand the way people dig their heels on this, especially watching, you know, it was probably just, you know, six months ago or so, when you're watching, you know, parents, just absolutely scream at teachers and school board members and even doctors and healthcare workers
Starting point is 00:27:03 for even suggesting that a child should wear a mask in school. Oh, it's gonna It's gonna traumatize them in unknown ways. There was there was videos of them Threatening a doctor. I think it was in Tennessee or something. Yeah, it's not sure. He's trying to drive out away from the Way from the like school board meeting. Yeah We know where you meeting. Yeah. We know where you live. Yeah, these masks, it's traumatizing children. How about fucking active shooter drills?
Starting point is 00:27:33 Or, hey, how about just active shooters? And just that existing as a thing. I didn't have to do that. We had, worst we had was fire drills and earthquake drills. We did them. You did active shooter drills? Yeah, fuck man. Code blue. Just before my time.
Starting point is 00:27:48 Thank God. It's, a lot of these people proudly proclaim that America's the greatest country on Earth by virtue of the fact that so many people try to come to America, which is so stupid because it supposes that America is the only country that people want to immigrate to. People immigrate to Mexico from Guatemala. People immigrate to the UK from Africa and Eastern Europe. Like it's not one of the only country where people try to escape to.
Starting point is 00:28:22 But that also doesn't give you a blank check to be like, look, people want to come here so it's fine if children get shot. Yeah, no way. People also want to go into shitty nightclubs and that doesn't mean that they're good. Yeah, and you know what? People get shot up in nightclubs too because that's just the way America works. And I remember during Sandy Hook,
Starting point is 00:28:39 I got into it with this kid that I went to high school with who's like a big civil war reenactor guy or World War II reenact a guy. Big gun guy and he dug in his heels and he said he pretty much said yeah these dead kids are the cost of freedom. No way. Well what that's insane pretty much what he said. He said yeah I'm sorry I know it's ugly,
Starting point is 00:29:05 but this is the cost of freedom. Well then maybe it ain't worth it. Son, maybe, is that freedom? What freedom? Right, the real freedom is like, kid's not being scared to get full. Yeah, what, that feels like. What are you talking about?
Starting point is 00:29:20 Dip shit. What, it's just the, the, what makes us the greatest country? Oh, you get sick and you're bankrupted? Yeah, yeah, no, that is it. Because you have the freedom to choose. How you're bankrupted? Yeah, yeah, you have the freedom to choose.
Starting point is 00:29:39 Is it signa, is it blue craw? Right, is it hyzer? You have the freedom to choose which one you can't afford. Yes. And then if you can get that one, You have the freedom to choose which one you can afford. Yes. And then if you can get that one, you have the freedom for your teeth to fall out because of course health insurance doesn't gonna cover your fucking teeth. That's in your mouth, that's a different fucking thing.
Starting point is 00:29:52 Plus it's your fault for having a teeth. Yeah, come on. Who told you to have teeth? Yeah, dumbass. It's just, maybe that system should be changed. And what also drives me as the guys who say, well, you don't like it, just leave.
Starting point is 00:30:08 I thought America was great because you could change things about it. And I thought America was good because that's like, that's what the founding fathers dictated is. Hey, if shit sucks, you guys should change it. That's what they said. The verbatim.
Starting point is 00:30:23 The fathers can suck my dick. Yeah, the fathers can suck my dick. That's what they said. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim.
Starting point is 00:30:31 The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim.
Starting point is 00:30:38 The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. The verbatim. back then. They didn't know how to, they didn't have electricity. They didn't have electricity.
Starting point is 00:30:53 You could fire a musket and it would take you like 90 seconds to reload. One little ball. Right. You could just, you could fire two shots like every three minutes. Christ on the cross. And if you're, if you're one of the, I know we have conservative listeners and stuff and get, get some help. Ross and if you're one of the, I know we have conservative listeners and stuff and get some help. No, don't say that. I know, but like, I know that there's,
Starting point is 00:31:10 Here's what I would say. There's gonna be the inevitable guy in the comments who's like, You know what you're talking about? And it's fucking second of man-made is, Well, it's freedom and if you don't understand that, leave me and you gotta get to work out. And to that, I just say, you haven't been listening. I would say, ask yourself, what do you want?
Starting point is 00:31:29 Yeah, because if you can honestly look at yourself and go, this is what I want, this is the world I want. Yeah, this is the country. It's more important to me that I have this freedom than stopping children from dying when they go to school, then fine. And you can live with that, that's okay. But I think you need to really ask yourself, what do I want?
Starting point is 00:31:53 And not just get sucked into a weird politicized thing of like a feeling, you know, no, this is right and true, we need this. It eventually falls back on, well, how you gonna get rid of the guns then? I'd like to see you take it or you're a pussy. That's what they usually say. True, that's true.
Starting point is 00:32:11 That is true, I mean, come on. Yeah, or can we all feel like that's, I love the fucking macho like pro gun guys, I sent this in. So this is rep Randi fine from God knows where I have news for the embarrassment. That claims to be our president. Try to take our guns and you'll learn why the second amendment was written in the first
Starting point is 00:32:30 place. So thinly veiled threat coming from this motherfucker. And then we've got Jeffrey Clark replying. Civil War it is then. And then just God. It's it you Jeffrey Clark The the other countries that have done Civil war is then we are gonna have civil war, which is fine. I don't even get me started on that
Starting point is 00:33:00 but the the other countries that have enacted Gun restrictions. I don't know, I'm thinking of Japan, Australia, the UK, countless other ones. Oh, yeah, Australia is like the perfect example because they're quite a similar country to us in a lot of ways and they had mass shootings and then they did sensible gun laws and they haven't had a... And now look at them because now they have an unarmed populace. So their governments fully free to be fascist and just take them over.
Starting point is 00:33:29 True. Hey, where were the gun guys when the tyrannical government was forcing us to wear masks and vaccines? Where were you guys? Why didn't you overthrow the government? Polishing those guns. Polishing those guns just waiting for those guns, just waiting for those cops that they love and respect to come shoot at them. Try and take it.
Starting point is 00:33:49 The cops that you love must respect and love all law enforcement, but also gonna kill the law enforcement when they come to try to take my guns. Because they're part of the fascist government that I love, because you should always listen to the cops. But also when the cops try to come and take my guns. Oh god. I'd like to see you try cops. We can't even We've been talking about this for a while, but the fucking I don't know if you saw the video of the useless cops just basically stopping the parents from trying to run into
Starting point is 00:34:21 The good guys with the guns didn't do anything, you mean? Oh, there was also a fucking... What? There was an armed cop at the school. Woo! Woo! Woo! What?
Starting point is 00:34:33 Yeah. It didn't work like I said it would work. A lot of people are talking about arming the teachers. We need to arm the kids. Oh yeah, my sister Dana, who's a fucking special ed teacher, definitely is gonna be able to handle taking down a mentally ill guy with an AR-15. Yeah, she's not gonna be panicked
Starting point is 00:34:52 or making sure that her kids are okay. She's gonna be thinking, I remember my training. Her voice is gonna change. The other, the other. Have you ever shot a gun? Yeah. It's funny because there was a,
Starting point is 00:35:05 there was an article where a guy was like, I went to shooting AR-15 and his whole thing was basically like, it was terrifying. And basically every gun owner was like owning him like pussy, whatever. I had shotguns when I was younger and then I went after that article, it came out. And I was like, this is kind of scary. I don't like being around all these people shooting guns and having to shoot this gun. I went with like guys.
Starting point is 00:35:30 And I was like, I guess I'll shoot the gun. But I really didn't, I was like, I have no desire to do it. It's, yeah, it's a, for a lot of these dudes, it's a hobby. And I understand you got to have hobbies. And I understand marksmanship and I understand Listen, I understand Responsible gun ownership sure and these guys get so but hurt when they're like, well, what about responsible? What about responsible gun owners and it's like okay? F*** oh
Starting point is 00:35:58 What do you need an assault rifle for? Some if cops tried to come take my gun. I need the gun to protect myself from the gun. I need a job so that I can afford my car to drive to work. Has there ever been a scenario where that's worked? Fucking like, Waco, Texas. Weren't they like armed to the gills? That's why we need guns, dude, to prevent another Waco. But they had guns and explosives.
Starting point is 00:36:19 I know, I know. That's kind of the thing is that it's, fuck this fuck this is gonna come out later. I just know it wait Can you click on that? It looks like a meme right after what does that say? You could have my gun when you pride for my cold dead hands and then it's a drone a drone firing a missile not a problem That's the drone voice would definitely be like not a problem Um, that's the drone voice would definitely be like not a problem. Gleep glorps that's the thing. Dude, your AR 15 is not going to help you if the American government chooses to turn on
Starting point is 00:36:50 its own citizens. I'm sorry, but they have like, you know, the CIA has weird lasers that make you shit your pants and stuff like Jewish lasers Jewish satellite lasers. Yeah, Marjorie Taylor Green knows all about those weird Jewish lasers. Uh, it's also the, oh, here's what I was going to say. Here it is. The other countries that have,
Starting point is 00:37:13 that all collectively came together and said, all right, yeah, we're not gonna do this. There is a difference between us and them and the difference is Americans are the most selfish, short-sighted, full of denial creatures that inhabit this Earth. The most entitled, self-important, righteous people to walk the Earth. I feel bad putting it that way because I think it's a... I think it's like a...
Starting point is 00:37:40 Like we were joking about, you know, no healthcare, no employment protections, no, whatever. And it's like a sick society we've built for ourselves here where everyone does feel, I mean, I think that is a problem bred out of everyone feeling like they have no safety net, nothing to fall back on. So they have to be viciously out for themselves. Otherwise they could be the next person living on the street, right? Mm-hmm. But the country, the Christian nation, who's one of their central tenets, is
Starting point is 00:38:10 Love Thy Neighbor, also is like, A.A. but fuck my neighbor. Right. And you hear it with every, like whenever there's some kind of push to do something that could help people, it's like, let's eliminate student debt. And it's like, well, what about all the people who fucking, who paid off their student debt? And it's like, well, student debt and it's like well, what about all the people who fucking who paid off their student debt And it's like well, I can't have something good happen to someone because I I suffered through something sure or Universal health care so we all pay for that. Why should I pay for that right? Fucker you pay for the streets you pay for the the fire department the police, you pay for the fire department, the police department, you pay for it, you're paying for your healthcare as well.
Starting point is 00:38:46 Christ, man, it's like, we're just a very selfish people. Sure, but I think there's no sense of, there's no unifying sense of where all truly in this together. Let's all come together to find a solution to a thing. And it's just a downer. It's a fucking bummer, dude. Sure, because we've never collectively come to get, I don't think an American has ever had that experience.
Starting point is 00:39:13 I don't think they would know what that is like. You know what we got to do? We got to put acid in the water, so it's why. Now we're talking, bud. Now we're talking. Dose the masses. Right. You know what I'm saying?
Starting point is 00:39:27 That could help. That could help. But seriously, there are like, there are countries where they can truly feel what solidarity is like. It was, I can't remember if it was like Norway or Finland, it was basically they, you know, the government had decided to cut pensions for, say, the postal workers or something like that. And unions across the board and all industries were like, no, we're going on strike, don't
Starting point is 00:39:57 fucking do that. And then they were like, okay, we won't fucking do that. I love that for them. But in America, everyone just goes, I don't give a fuck. Fuck them. It's not happened to me. Get a job.
Starting point is 00:40:10 You get unions are leftist ideal. Get a job. Yeah. Lazy asshole. Then leave. I don't want to. My friends and family are here. Yeah.
Starting point is 00:40:21 I have a life here. Well then by I go to protect them if you love them soon. Mine as well. Yeah. Well, by I go to protect him if you love him soon. Mine as well. Yeah. Well, you want to engage in the most graceful pivot in all of podcasting? Sure.
Starting point is 00:40:32 How many audience do you think we lost for that? I mean, I since 25 minutes. I would hope that anyone in our audience wouldn't take what we're saying personally. I'm not attacking you if you hold these beliefs. I just hope that you have the critical thinking skills and the self-reflectiveness necessary to kind of take a step back and look at the bigger picture
Starting point is 00:40:58 and realize that clearly something ain't working and something's not going right. Eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh,. Ehhhh, yeah, that's enough, you know? Yeah, I mean, we've talked to the things that get politicized. They're quite odd. I don't know why this is a politicized thing. I think, and that's what makes everyone feel so insane is, you know, you're asking for, and not to be a downer, but we've been through this many times. I'm not optimistic.
Starting point is 00:41:23 And we will again. Yes, I'm not optimistic. I'm not optimistic that anything will change. So, I mean, this is all just shouting into the void anyway. But to keep watching it happen and go holy shit, we live in a fucking nightmare. And to cross your arms and just say, that's the cost of freedom or that's the second amendment. Again, like, what is it going to take for you to say, hey, maybe we ought to change something. Right. And you get so butt hurt about it being politicized. Well, then maybe if it wasn't one of the central tenants of your party, we wouldn't have to politicize it. Maybe if you, you know, took a little bit of a step toward the middle.
Starting point is 00:42:10 I don't know, just, and if you're that sensitive that you get that butt hurt about one aspect that is clearly broken in this country, I don't know what to tell you, Bob. Keep tuning in though, because we do need you. We love you. Yeah.
Starting point is 00:42:26 Oh man. And... All right, let's see you do it. Let's see you pivot your way out of this. You fucking broadcast professional. Well, normally you would take a commercial break. And you would say like, Hey, oh, you know what's going on in the market this week?
Starting point is 00:42:45 What's going on, pal? Well, big, some big news came in. Besides the gun stocks bouncing. Yeah, well, things are slowing down and there's a lot of talk out there about a recession looming and there's, it's interesting, but first we'll get to Snapchat. Oh, how's that beer? I'm so drunk. Snapchat got murked.
Starting point is 00:43:05 It got knocked down 44% the other day because they said that they were gonna fall short of their own guidance that they had given last quarter. Not only did they say that they were gonna fall short of it, they were gonna be below the low end of their estimates. So that freaked out pretty much the entire ad and tech sector. The CEO said that they're planning to slow hiring through the end of the year. It hit Pinterest, hit Facebook, hit Google, hit the trade desk, pretty much all ad tech, like I said. And the Apple privacy updates that came
Starting point is 00:43:38 into effect last year are really starting to, whose effects were unknown at the time, because it was like, well, we don't really know the scope of this. Are people, because, what is it? Because, how does it work? Yeah, I didn't have. Basically, after their software update, if you were Apple iPhone user, you would now get, every time you opened a new app, you would get a notification saying that they've implemented this thing,
Starting point is 00:44:04 and you can ask the app not to track. And so you have two options, ask app not to track or allow. And what does that do? It significantly diminishes the effectiveness targeted at. Yeah, whereas before, basically all third party apps were allowed to track your data. Now you can opt out. They were allowed to track your data, but were they allowed to track your mama? Ben.
Starting point is 00:44:32 That's a damn good joke. Thank you. And in something like 60 over 60% of iPhone users opted out. Yeah, yeah, I feel so fucking good. Yeah. And it crushes, I mean, you're starting to see it. So if 99% of Snap ads in 2020 came from Snap revenue, excuse me, came from ads, buddy, that's gonna... Have you ever felt it when like with Google Maps, so I've been like trying to be more private with my stuff and someone told me that basically Google Maps
Starting point is 00:45:04 is constantly following and tracking everything and storing everywhere you go. Yeah, because that helps with the traffic. Right. And like showing traffic patterns. Yeah, and someone was like, you should turn it off so they don't track you. And I did turn it off and it's Google Maps is so much more inconvenient now because it doesn't stick. It doesn't save all the places you go.
Starting point is 00:45:24 So, whereas before, you know, if I put your address in a bunch, it would know when I was going. It would be like, are you going to Ben Kahn's? Or I could just stick in the five. Ben's address starts with the five. Try to figure it out. Yeah. Mine starts with the five too, because we live two blocks away from each other.
Starting point is 00:45:41 Yeah, I'd like to see you try to take my gun. No, I don't have any guns. These guns. But I have an axe in my gun. No, I don't have any guns. But I have an axe in my bedroom. Damn, you come to my house? I'll be ready. I got a baseball bat. But I'm like, I don't know if I might just opt back in
Starting point is 00:45:57 because it's horrible. I don't even recall ever being asked, but I'm sure I just said, yeah, it's fine track bill you want. Yeah, you see what I'm saying. You deserve to make a little money. I hate when they do that. Like Google will be like, help us out.
Starting point is 00:46:09 Tell us how your trip was. It's like, mm, help yourself. Bitch, I don't work for you. Whenever I get prompted the cookie question on websites, I always accept. You just have to. It's like, because it makes me feel like if I say no, it's gonna like not work or something.
Starting point is 00:46:25 Yeah. Well, no, if you hit no, then you get taken to another page where it's like, which ones do you want to opt out and it's like, look, I just wanted to read the article. Yeah. Or I want to be told that I've reached my free article limit. Yeah. And then click out. I'm not here to play your baby games. Yeah.
Starting point is 00:46:41 So. But yeah, these are hurting companies big time. Yes. With their targeted ads. Yeah. But yeah, these are hurting companies big time with their targeted ads. And so a lot of companies are, it's starting to feel like a lot of them are bracing for impact from this unknown, looming economic downturn and they're laying off employees to preserve cash. Because, you know, with interest rates rising, cash is less expensive, or more expensive to borrow. And there's, it's less of a friendly market for cash intensive growth stocks, tech stocks.
Starting point is 00:47:19 Can I say one thing about Snapchat? Yeah. I would for sure think when I saw the headlines and stuff, I thought it was going to be that they were losing subscribers, but the users. Oh, users. Who, like, who uses Snapchat? Fucking kids. Oh, is it all kids?
Starting point is 00:47:36 I mean, I don't know. That's just what I assume. I assume that it's... Did you use it at one time? I've years ago. Right. I used it because it was like use it at one time? Uh, years ago. Right. I used it because it was like everybody was able to use this one, whatever the filter was at the time,
Starting point is 00:47:51 and I was like, I gotta get on that, I gotta, gotta use that. I mean, my filter. My friends were on it. Oh yeah, wow, look at that, 15 to 25. Okay, if you're Gen Z, don't fucking come at me for not being on Snapchat. I feel bad for whatever Jennifer out there has a last name that starts with Z. Gen Z.
Starting point is 00:48:10 And every time it's like, Are they, huh? Huh? Me? No, Gen. What are you doing on your computer? I'm just selling a couple things before, um. And it's not stocks.
Starting point is 00:48:22 I can see he's like selling a piece of furniture. No, I'm not. Yeah, yeah. I'm selling a, I'm see he's like selling a piece of furniture. No, I'm not yeah selling us I'm selling stock stuff. It's an art war. It's a I The market could be I mean we've had quite a bounce, but I'm like making sure that I have positions that are expiring tomorrow so I'm like okay I want to make sure that I'm ringing the cash register real fast. So excuse me. I'm sorry Very unprofessional, sorry.
Starting point is 00:48:47 Or very professional. Yeah, oh, I'm up a thousand bucks on Tesla calls for next week. I will ring the register there. Thank you so much. Ben, musk. Fuck you, Elon. Should we talk about him for a second before we have to?
Starting point is 00:49:03 Yeah, I guess. Oh, wait, wait, wait. So, the thing with Snapchat, it's not unique to Snapchat. There's this, uh, Deutsche Bank, this guy from Deutsche Bank said. Oh, you hate. No, I don't. I don't have no opinion. You do. I hate Deutsche Bank or this guy.
Starting point is 00:49:18 You hate Deutsche Bank. Sure, certainly. There's an episode where you fucking are like, Doich bank sucks. They're also kind of a joke of a bank. Like, they're the black... Yes, just a garbage shit bank. He said it, folks.
Starting point is 00:49:34 No, you said it. Okay. Well, there you have it. I guess I did. But now you're like, I love their animals. I saw all I used to do it. No, but what this guy said is a quote, while the excess valuation premium has largely been rung out,
Starting point is 00:49:48 AKA stocks have dropped, valuations have dropped, it is not yet low and valuation concerns are now giving way to earnings concerns. Meaning, you know, at the tippy top, it was like, wow, a lot of these rates are gonna be rising and interest rates are gonna be rising. And so a lot of these valuations are a little lofty, right? Well, now that's giving way to earnings concerns.
Starting point is 00:50:10 And he goes on to say forward estimates, AKA, you know, when companies are making estimates like Snapchat did about forthcoming quarters have begun to be downgraded but remain well above prior trend levels leaving them vulnerable so Yeah, there's there's still a lot out there and man, do we even fucking all of this could be related to to a lot of you know people are going outside again Yeah, people are gonna be on I was on fucking every app so much during the whole lockdown. Yeah app so much during the whole lockdown. Yeah. And I'm out there touching grass, baby. And that speaks to this, you know, we'll touch on that in the after hours, just like digital regulation, because I think that that's an interesting conversation. So stick around for that, we're going to be talking
Starting point is 00:50:56 about that. But there's this guy from Morgan Stanley, Mike Wilson, who thinks that there's further downside ahead, can you click that? I liked what he said. Mike Wilson who thinks that there's further downside ahead. Can you click that? I liked what he said. He said the bottom line, equity clients, meaning, you know, equity clients in this situation means funds and whatnot who are owning stocks are bearish overall and they're not that optimistic about a quick rebound. While this is a necessary condition for a sustainable low, we don't think it's a sufficient
Starting point is 00:51:24 one. So basically he's saying, hey, everybody's pretty bearish. And usually that is necessary to put in a low when everybody's on one side of the boat. But it's not sufficient this time. They're 12 months target for the S&P 500 is 3900. They expect an overshoot to the downside this summer that could come sooner rather than later. While sentiment and positioning for active institutional investors is low, asset owners, so they still have a lot of clients who are really heavily exposed to stocks. As they reallocate some of that money toward bonds, aka away from stocks, As they reallocate some of that money toward bonds, a.k.a. away from stocks and other assets like bonds that are less vulnerable to the slowing growth slash recession narrative, he's
Starting point is 00:52:11 saying that that should weigh on stock prices in the near term. And then he says, we think that 3,400 on the S&P, which is about over 600 point drop from here, is a level that more accurately reflects the earnings risk in front of us and we expect that level to be achieved by the end of the second quarter earning season if not sooner. Vicious bear market rallies will continue to appear until then and we would use them to lighten up on the areas most vulnerable to the oncoming earnings reset. So in bear markets you have days like today that just have really sharp, violent bounces. And he's this Mike Wilson guy is saying that, hey, use
Starting point is 00:52:52 those to lighten up on. So if you're someone out there who's got a bunch of stuff that you're down on, you know, maybe according to this guy, you should consider unloading. But here's what I think. What do you think, pal? Sorry I'm talking a lot. I know. I think that people are conflating a normalization of consumption behavior with the recession. Yes. So what does that mean? I think basically when we had COVID, shit dropped off and then it fucking rebounded because you had people staying at home, people trading stocks, and you had the stimulus stuff coming in.
Starting point is 00:53:28 And there was a massive pull forward in consumption behavior, meaning like e-commerce, just like swiped up big time. So I think that since we're now leveling off and going back toward normalization, people are conflating that drop from such an uncharacteristically high high in consumption behavior with a recession. Right. It's just kind of a reversion to the mean. And so this chart about e-commerce sales as a percentage of total retail sales pretty
Starting point is 00:54:04 much, look at that shit. Yeah, and for the audio listener it like it shot up like crazy and then it looks like it takes a pretty sharp dip but then starts to level off. Tapers off. This is the chart from Fred the federal reserve. Did you say Fred? Yeah. Well, yeah, Fred. Fred. Fred. Federal Reserve, something E, something. Yeah. Fred.
Starting point is 00:54:29 No, Fred. Fred. St. Louis, Fed.org. Why Fred? I think it's Federal Reserve E, something. I don't know what it's saying, it's more. Federal Reserve, what the fuck? Economic data.
Starting point is 00:54:46 Economic data. Oops. Yeah, I knew what it was. I just wanted to see if you knew. No, you didn't know. I knew the East did for economic. So what is interesting though is only that so this is e-commerce retail sales as a percent of total sales.
Starting point is 00:55:03 Look out like e Ecommerce, you would think that it would be the penetration would be so much deeper. The what? Penetration. It would be what? Deeper. Oh, yeah. But it's not. It's just the tip, so to speak. Right. Yeah. And we're all saying penetrate a little deeper if you could.
Starting point is 00:55:20 Yeah. It, it, it, it, but it, it was on such a steady uptrend and then, and then just really went parabolic there. And then you could say it pulled out a little bit. Yeah, you could, you could say that e-commerce sales got their nut and they pulled out a little bit. So, so and then like I, I was seeing other finance people wiggling out because like Amazon, for example, there was a headline that they're getting rid of like 10 million square feet of warehouse space.
Starting point is 00:55:50 And they're like, oh, Amazon's pulling back. And it's like, yeah, because they overbuilt in anticipation of this trend continuing. But now that it's kind of tapered off, they're pulling back a little bit. That doesn't mean that a recession is necessary or is necessarily going to happen. It's just like, hey, come on guys, let's use our little- We're experiencing a weird correction. Yeah, let's use our noggin's a little bit here. Businesses love to- when things are good, they love to convince themselves that they'll
Starting point is 00:56:22 always beat this good forever. And then they go, oh, what the fuck? Yeah, it's not as good anymore. And everyone freaks out. Carvon is an interesting one. Yeah, where it's like, oh, well, looks like the business model of just buying cars, side unseen, and then flipping them in these giant,
Starting point is 00:56:43 vending machines. It's perfectly sustainable. All of these fucking companies disrupting. It's fine. You know, some of you guys have good ideas, but I can't stand, for example, I was in the grocery store and I saw which one traded just now. It was a natural era one. I was up north. So it was a safe way. And I saw a dollar shave club
Starting point is 00:57:08 stuff in toiletries aisle And I I just hate when it comes to they're like we have changed the whole game You don't buy razors from the store anymore You fucking join our club and we send it to you and it's the new way to do it And then just like five years later. They're like, actually, you can get them in stores. That worked pretty well for everybody. And that's how we're doing it now. But that's genius because it's the smart thing to do
Starting point is 00:57:34 10 years ago was come up with a very flashy commercial that has viral potential, like the Dollar Shave Club commercial, where the guy walks, who is like, those shit clubs different in all sorts of shits happening and here's why, and you repackage an existing thing and get everybody going yeah wow bi-go-raiser is fucked up
Starting point is 00:57:55 going to the store is fucked up dollar-shape club is tight because they use memes to get through to my dumb brain and they say balls in their commercial but then they're just like, we're the same. Yeah, it's the same exact, then it just comes full circle. That's the smart way to usurp the incumbent products. It's just, they didn't, they're just sitting there next to fucking jaleat. But they refreshed it, that's what I'm saying.
Starting point is 00:58:21 That is smart because you refresh it and you make it, you sprinkle a little fairy dust on the turd and then you're like, damn, that's a brand new turd. Oh, and what you're talking about with the memes, I can't stand it. We'll cut this if we ever have, if Tushie ever wants to. Oh, what is Tushie's thing? Like, hey, you got shit in your ass. They're insane about it. Tell me one. Can we look up Tushy's copy?
Starting point is 00:58:48 Just like go to the website. Tushy meme, there's everything. It's like every other word is like a, stop wiping your butt, start washing with Tushy. Transform your restroom into the best room with our full lives. Tushy, when you're rest you do the best room. Hey, fuck, baby. Tushy's lame bums are better better than what these aren't even bad. I
Starting point is 00:59:07 Here's my deal with with these bidets look when I pee That shit splat even if I if I aim for the side of the port maybe it just happens everywhere So be prepared with the tissue try the only whatever collapsible and expandable bamboo toilet toilet paper, bamboo towels, damn, they sell all sorts of products. I don't trust, I mean, I trust a bidet, but there's so many nooks and crannies in a bidet. In your butthole.
Starting point is 00:59:34 There's so many nooks and crannies in your butthole. Let me finish. There are so many of sentences. I know of the charming thing about that. But this is not the sense that I'm gonna be. I'm sorry, go ahead. There are so many of those that I just said in a bidet. Yeah. Oh. And for me, that's an opportunity for piss flex to get, because when I pee, it gets a little,
Starting point is 01:00:00 what's it talking about? When I pee in my toilet, no matter if I'm aiming for the porcelain or directly in the water, there's inevitably a little bit of like splash and it gets all over the inside of the bowl and like the rim of the bowl and like on the back of the seat. My man's bathroom is a mess.
Starting point is 01:00:21 No, because I wipe it down every time. But you know what fun thing about Ben, every time I'm at his house? What about Ben, every time it matters house? What? And I go to the bathroom just before I close the door, you go, wipe the seat. Yeah, because my toilet, I don't know if my toilet was to take a piss without mom fucking.
Starting point is 01:00:36 But it splashes, there's piss that splashes. And I'm like, okay, that would go into all the little nooks and crannies of the bedet. Your butt, ah shit. And I don't wanna, I'm like, I don't wanna have the- What do the little nooks and crannies of the Bade. You're a b- Oh shit. And I don't want to, I'm like, I don't want to have the- What do you mean nooks and crannies of the Bade? Oh, because it's like an attachment. And there's all sorts of places where the piss can get up
Starting point is 01:00:55 and through the darkness. I think the problem is, no. Nooks and crannies is not a good way to, nooks and crannies is like, it's English muffin. Right. God, I want an English muffin. Man, how about an English muffin? Am I, let's hear it for English muffins in the comments.
Starting point is 01:01:07 Sound off on your favorite brand. You know what I, it's Thomas English muffins. It's gotta be Thomas. You toast that shit, you put a little pad of butter on there. Magnifique. Please shut out. They haven't paid us, we're not, we're not paid for that.
Starting point is 01:01:19 Get the fuck out. You know what I've been making really good? Really well, you mean? No, no, these are people I've been making really good really well you mean no no these are people I've been tutoring and making them good oh what have you been making really good I haven't really well yeah I got this new bean recipe you've been making real well breakfast breads who takes me out because the thing is the best part of the about the the breakfast burritos, it's the potatoes.
Starting point is 01:01:46 So I make really good home fries. And they take a while. So I make the home fries the day before. And then I make a apartment fries, cause you live in an apartment. Pff, continue. And then I got a whole bunch of potatoes and I can make a breakfast burrito whenever I want.
Starting point is 01:02:02 And I've been making truly like the perfect, fluffiest scrambled eggs. Oh, it's so good. Baboo. I've been making really good breakfast shake myself. It's delicious. So good. Satisfies my hunger, my hunger pangs,
Starting point is 01:02:21 and the pills that I take, I'm supposed to take them with like fats. So I put a little dab of coconut oil in there. That's some fat for you right there. I got some fat for you Oh boy, so here we go We didn't get to have time to go to crypto corner. We got a whole bunch of news What else wait? What was the oh yeah? We'll talk about Elon in the after hours. We're gonna talk about You know, I lost some money and some trades. I got fucked man, we just talk. trades, I got fucked.
Starting point is 01:02:45 Man, we're just talking, oh, we got a lot of stuff. Crypto, Bill Gates on crypto, Adam Newman, doing a, from we work doing a crypto thing. I'm gonna talk about my Yosemite trip. I'll talk about all kinds of shit, really. It's gonna be fun. I stepped on some bees. I stepped on some bees.
Starting point is 01:03:00 In Yosemite, I got stung, dude. We got a lot, man. Got a lot to cover. So be sure to go to the head of the, Bob over under that tmgstudios.tv. Get yourself subscribed. Either to the, there's still available, baby.
Starting point is 01:03:15 Get yourself a shirt. Depending on how quickly they go, maybe we'll beg, we'll beg big, big, big sticker to let us make some more. Yeah. But those guys are tricky, man. You don't know what me and big sticker to let us make some more. Yeah. But those guys are tricky, man. You don't know what me and Ben had to do to get these things.
Starting point is 01:03:29 We had to bribe a union boss. That's all they made you do? Yeah, what they make you do, buddy. I'll have to tell you how to do it. No, no, no. Trillionairestore.com is where you should go. Trillionairestore.com, that's where you go to buy, oh, you're a CullinboStore.com, that's where you go to buy, oh, you're a Kulumba merch.
Starting point is 01:03:46 Like, subscribe, comment, rate us five stars. Yeah. Only nice comments. Follow us on the Instagram, follow us on Twitter.com. Man, the... Love yourselves. Love yourselves. Hug kind to yourself. Yeah, we're not gonna say that the trademark thing,
Starting point is 01:04:04 we're gonna say hug your parents, love your parents. Hug yourself. Hug yourself. Yeah, we're not going to say that the trademark thing, we're going to say hug your parents. Love your parents. Kiss your parents. But also quit your job and shoot your pants. Hug everybody you know. Yeah. It's been a real rough week for everybody. Yeah. Go call people, tell me, love them. Yeah. Random numbers. Anyway, thank you so much for watching.
Starting point is 01:04:24 Another episode, Twitter and my set. We appreciate you It's you it's the only show on out there that talk about the important things and now we're gonna go to after ours and be bad We're gonna be naughty boys and the after hours. Yes, sir. Mm-hmm Thank you so much. We love you so much Give me a big kiss Don't be afraid now. Give me a big kiss. Get in here. Should we give him a little tease for me?
Starting point is 01:04:47 Give me a little kiss. Oh yeah, for me. Oh man. Bye! Bye. This week on After Hours. It's President Trump. I got a flash nap for you.
Starting point is 01:04:58 Flip me off. I look like Big Bird. Let's all the weird things about my penis then. Ha ha ha ha. Jeff Kidd's my dad. You guys are warm. I look like Big Bird. This is all the weird things about my penis then. Ha ha ha. Jeff Kidd's my dad. Sign up on TMGStudios.tv to watch the full bonus episode.

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