The Trillionaire Mindset - 40: How airlines are SCAMMING us

Episode Date: July 1, 2022

Become an exclusive member at https://tmgstudios.tv This week Ben and Emil break down how U.S. based airlines are playing with your time and money, a riveting Crypto Corner discussion, and Ben’s ...billionaire ambitions. If you listen on Apple Podcasts, go to: https://apple.co/trillionaire Sign up today at https://stitchfix.com/trill to get $20 off your first purchase To learn more about microdosing THC just do a quick search online or go to https://microdose.com and use code: TRILL to get free shipping & 30% off your first order. 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 Oh, are we rolling? Okay. Hey, Ben, check this out. Don't. Yeah, I learned that at the gym. So I was at the, um, asked doctor for my,
Starting point is 00:00:25 Oh, yeah, asked doctor for my, oh yeah, asked problem. Uh huh. Yeah, and they said, the problem is it's just, it's my ass, I got a bad ass. Apparently, come from a long line of bad asses. Yeah, yeah. So they gave me a cream, but it's still just bleeding all the time.
Starting point is 00:00:46 Turns out it's just stress from the market, really. Yeah, I wouldn't know anything about that. The only thing that stresses me out is when someone rewacts the weights incorrectly at the gym or when I run out of beans. Yeah. Oh, when someone mispronounces Satziki. Anyway, so I don't really have any shirts. I just kind of wear this one.
Starting point is 00:01:11 And some other T-shirts with holes in it. It's mostly because of my bad ass. I can't seem to find a shirt that fits. Oh, my shirt's good. Oh Oh my shirt's fit really well. Ben, all yours don't fit. They don't fit. Well at all. You know what it is? I got a long, I got a big body.
Starting point is 00:01:32 Yeah. And it's hard to find, um... It's hard to find what. My shirts come up to my belly basically because if I went bigger It'd be too wide on me. Yeah, and you got a big belly. Yeah, and it's because I don't eat right Yeah, and I fuck up my ass kind of like how I don't wash my hair I actually wish I had a candy bar here to eat for breakfast I never eat candy. I don't I don't take part in mortal pleasures. Sure. I denied myself
Starting point is 00:02:09 I denied myself. Hey, and it shows. Yeah, it's gonna. It's gonna be worth it when I'm 80 and I'm like damn I didn't get to eat any candy this whole time. Yeah, you should eat some candy It's great if I can't pronounce it on the ingredients any word over five letters. That's the rule you live by, you idiot. Yeah. Yeah. Did I show you the trick that I learned? Let me see. Oh yeah, that's pretty good. This is my mating dance. I'm trying so hard to burp. Well that's the intro guys. Well, Shares are just getting hammered this morning. Every day they're yelling at me.
Starting point is 00:03:05 I'm like a later artist. Problems. He's got that fucking or in the hat in the light preserve and Koala were okay. What was in the Joe the burp burp was in the job Just glee remember gleeking you remember kids would do that. I can't do it. You can do it Glee, you remember gleeking? You remember kids would do that? Yeah. I can't do it, you can do it. I do it accidentally all the time and I feel terrible.
Starting point is 00:03:49 Anyway, hey, Glenn, folks, there's a disclaimer. It's in the description box. If you click more, you're gonna see it in there. You're gonna wanna read it. It basically absolves us of any wrongdoing. What? Does it? Yeah, it basically says, I can say,
Starting point is 00:04:03 we can say and do whatever we want. And as long as the disclaimers there, I can say, fuck your mother, fuck your life, fuck your mother, bang bang, bang, etc. Wait, I maybe we can find it for after hours, but remember I was telling you about that kid who got fired for the bodega thing. Yes. There was another video that went viral of the someone reacting to his video and they got fired, dude No, he's just he's got to be like 25 and he's got the most New York accent in the world. Oh, yeah, but you never see You never see young people with the accents like that anymore New York accent. Hey, fix your sleeve. Why cuz it's bothering me There you go. Yeah, that feels better. Can we get that see Can we see my tattoo? No, no, because it was folded.
Starting point is 00:04:45 It was like folded up. Shit. Yeah. Man. Ah, we hope you liked that cold open. Man, I bet that confused so many people. They were like, wait, that. You think they thought it, that not, man?
Starting point is 00:04:58 You think they thought I was you? Probably. I actually have a little bit of a headache from wearing your glasses, but. Really? I'm sorry. Yeah. Because you're wearing contacts right now, right, but. Really? I'm sorry. Yeah. Because you're wearing contacts right now, right?
Starting point is 00:05:07 Yeah. Yeah, I can't do it. When I went to the optometrist to get my prescription renewed and I got new frames on the way that are basically the exact same frames, the doctor tried to help me with contacts again. He was getting so frustrated. I can't, I cannot lift my upper lid up.
Starting point is 00:05:25 I don't, you don't even need to. You just go like this. He, yeah, he wasn't letting me do that. Wait, that's all you do is just one. Dude, I've gotten pretty good at it. I actually, I jumped off a cliff in Greece. My contact fell out, I found it, and I just put it back in the water.
Starting point is 00:05:39 While I was swimming. It was like on my face, I think I could tell it was like somewhere near, and I was like feeling around, and then my face, I think I could tell. It was like somewhere near, and I was like feeling around, and then I grabbed it, and I just went, I cannot do it. I'm gross with it though. One time, I,
Starting point is 00:05:54 one time what? You were gesturing as if you put it in your mouth? Cause it was like, I was like, it's definitely dirty, and I didn't have any solution or water, so I just put it in my mouth, and then put it back in my eye. That's a solution right there. Your saliva is, I know, I figured, you know.
Starting point is 00:06:11 Listen, in a survival situation, you can use saliva as a, did you ever watch those shows? No, I used to watch them all the time. Like what, fucking bear grills? Not even him. It was these two guys who would be putting survival situations and the one guy always would say it was a Revival situation you gotta do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do do be alright. God we we salute him. We salute him. Okay, we were going to talk about we were going to start with something else, but because Ben told me about a DM, we're starting with, we're going to talk about Ro for one second. Wait, but should we get through all the other stuff first?
Starting point is 00:06:54 Oh yeah, I forgot about that. Yeah, okay, so here we go. Let's get this stuff out of the way. Shout out to Brady. No, we don't. No, we do shout out because my friend Brady who lives in Portland, I, I wanted to give him a shout out because we shout out our friend Adam who peace sitting down and I wanted Say hi to Brady. Okay. Yeah, also like subscribe comment. Yeah, we're all those fucking things where 33,300 Subscribers on YouTube that means we are almost just shy of 15,000 away from 50,000 We're still ways away from kids.000. We're still away from kissing. We're still away from kissing. And just so people who are new to this,
Starting point is 00:07:30 at 50,000 YouTube subscribers, we are gonna smooch here on the air. So if you wanna see that, if you're into that, you're gonna wanna get people to subscribe, get fake accounts, you know, get risk. Do whatever you have to risk, do whatever you have to do. Also, we have a new episode of eight ball special with coming on Monday, July 4th.
Starting point is 00:07:51 We also have Kyla Scanlon coming on next week. She is one of the top people on Fin Talk, on TikTok, financial TikTok. And Ben called her a sweet cookie one time. I did. No, I didn't say sweet cookie. Ben called her a sweet cookie one time. I did? No, I don't think he said sweet cookie. I thought you said sweet cookie, but you said she's very sweet and a smart cookie. Smart, she has, she's incredibly smart.
Starting point is 00:08:13 Yeah, she does like market summaries that are very entertaining and chock full of information. Also, the biggest news. What's the biggest news? We're headed to Tokyo. We are going to Tokyo. I was going to do, but not for the reason, yeah, it's,
Starting point is 00:08:35 we're, it's on our own dime. We were always going. Yes. But we weren't going to have the ability to bring Chris. Yes. Yeah. So that's why we were asking for fundraising is because, yeah, if we wanted to bring a camera guy or two people, it would require a little bit extra.
Starting point is 00:08:53 So we'll just take a selfie at something and we'll send it to you. Yeah, that'll be that. But please, if you live in Tokyo or know anything, send me a DM with your recommendations on where to stay, like specific hotels or neighborhoods, side trips to take, rest, places to eat, please. I just wanna, we just wanna eat good food.
Starting point is 00:09:19 Also, if you wanna be our personal tour guide, for not be cool, two weeks. Show us the best underwear vending machines. Oh, I forgot we're gonna have to do that. I'm sure they're easy to find, but yeah, gotta buy some of those underwares. Yeah, I don't know if I want those, but. Me either, I know.
Starting point is 00:09:41 Although that would be kind of cool to have as a thing, we could put it in no no no no Plexiglass or whatever this is what is this pie right pie? Luke what is this stuff epoxy? No Plexiglass, okay Luke so smart he knows more than us So yeah, we I got a DM from listener viewer fan of the show who We got a DM from a listener, viewer, fan of the show, who disagrees with us on certain political things, but he's still a fan and we appreciate him and others like him for.
Starting point is 00:10:12 We just had no plans to talk about it. It basically happened the day after we recorded so it felt like last week. Yeah, a bit old. Everyone had talked about it already. I was like, what, what could we possibly add? There's new things that are going on. Just this morning, there's a new horrible Supreme Court ruling. So EPA. Yeah, it's a you can't even, you can't even get your fucking bearings before they hit you with another one. Yeah. And so I was like, you know, what are these two guys have to say about it? And then
Starting point is 00:10:44 You know, what are these two guys have to say about it? And then you told me about a DM from someone who was like, I hope you guys don't talk about it because I'm happy about the ruling. Well, we're not. Yeah. And so then I was like, okay, well, I want that guy to not be happy. Well, go on. Go off, King.
Starting point is 00:11:04 No, I also didn't want to talk about it because it's, it's just like, I don't want to depress people further. I mean, I don't have any hope to offer, but I at least want to say like, if you're one of those creeps who's happy that people's rights got taken away, you fucking suck. Please keep watching the show and enjoy it. The show's for everybody, but like, don't fucking DM us and tell us you're happy
Starting point is 00:11:23 that that happened. Yeah, I mean, he was DMing me to ask if we were going to talk about it because home, yeah. But anyway, I had, I said, well, go ahead. No, it's just, it's, it's brutal. I mean, so yeah, they, they just rolled on the EPA. It seems like it's not going to stop and they're just on a bender. If you're hoping that the Democrats are going to do anything, I don't think there's any hope for that. No, no.
Starting point is 00:11:47 AOC seems to be, you know, she's the only one who's kind of like, well Elizabeth Warren is too, but like actually talking about real things that can be done. It's like, I'm sure everyone has seen the clips of Kamala Harris, just they're going like, you know, what are you guys going to do? And they're like, what can we do? There's an election in 130 days. Yeah. And they're saying, you know, we just need two more senators. So they're saying if they get to 52 senators, they can codify all these things as law, right? And we won't have to rely on the Supreme Court. But it's like, you guys had 59 when Obama was
Starting point is 00:12:20 president and you guys couldn't codify it. You know, you had Obama going out there being like, it's just not a top legislative priority for me. Yeah. And yeah, I can't imagine Biden doing any of these. I mean, you know, there have been times where the Supreme Court has like, gotten extremely political in history and, you know, Lincoln and especially F.D.O.R.
Starting point is 00:12:40 Lincoln was bent around? No, Lincoln. Oh, oh yeah, as in Abraham. Oh Oh, yeah him the guy in the penny and And if I dollar bill and FDR Went to war with the Supreme Court. I mean FDR was like you know He just was giving the credible thread of like I'm just gonna pack the court and you guys won't be able to do anything and they were just like I'm fine. We'll fucking back off
Starting point is 00:13:02 Binds I can do any that shit. No, he's too busy sleeping on an ice cream. I saw a thing that it's a bit of a dark comparison, so I apologize if the success anybody, but Republicans are like the kid, the shooter in Uvalde, Texas, and Democrats are like the cops. I guess so, this is a very bleak way of putting it. Dude, that's, I mean, that's about sums it up for me.
Starting point is 00:13:28 Yeah, I mean, like, no matter what. Republicans love to use their, they are the minority in the country and they have been for a long time. Right. And they use every tactic that they can to get around all the rules and laws to have it all go their way. And then the Democrats use that just as cannon fodder for the next election cycle. And then they're like, go in there, there's a guy shooting.
Starting point is 00:13:57 And oh, we, we can't do anything about anything because we need talking points for the next election. It's pathetic. And people are really waking up to it. I think that they, oh yeah, I'm seeing people, oh, this is one of the things that I really love about TikTok, is that it does seem to be contributing to an elevation of the collective consciousness
Starting point is 00:14:19 in that if it's starting to go viral there and then on Twitter, it definitely feels like it just feels different. I don't know. I mean, it does. They're playing clips of they're interviewing people at protests and they're like, you have young people being like, we're not blaming Republicans anymore. Like, this is the Democrats fault. They've had opportunities to codify the stuff. They've had opportunities to fight. And that's the thing. I mean, they truly don't know what to do. They don't know whether the shader go blind. They're just so out of touch. And they just, the idea of they're just going, I don't know what to do. It's like, do just do anything. I mean, try something.
Starting point is 00:14:58 Impete just says, I mean, there were at least two who lied under oath saying that they would not overturn it. overturn it. that it was it was settled law. yeah. do something. and I mean that's how fucking stupid they are right you had people going and still going I. senators being like I they said they wouldn't.
Starting point is 00:15:16 yeah. but they told me they wouldn't. yeah. yeah. I I the what sickens me the most is how Nancy Pelosi's campaign apparently set out sent out fundraising emails within like 15 minutes. Well, that's the thing asking for money. They had the fuck out. They had a head start, right? Someone leaked.
Starting point is 00:15:36 Right. They knew. They had months to do something and all they could do was put together the fucking emails. Not only that, they're doing worse than nothing. I don't know. Oh, they sang God bless America or whatever. Yeah, it's just the cringy as shit. Even worse than that, Joe Biden, I think, is now backing an attorney in Kentucky
Starting point is 00:16:00 who is anti-choice, a fed sock guy for a federalist society. I knew what that was. Do you know the federalist society? It's like right wing attorney association that like they're very involved in law schools and stuff and getting people to be like traditionalists and. Sounds good. Textualists yes uh... i think they started in in the eighties and it's been a part of this you know decades long project to uh...
Starting point is 00:16:30 basically i'm good no no no no no so for me i'm conservative but he's uh... he's backing this uh... antichois republican for federal judge shipping Kentucky i think uh... so nothing would almost seem better than for a federal judgeship in Kentucky, I think. So, nothing would almost seem better than what they're doing. Yeah.
Starting point is 00:16:53 But yeah, I didn't want to talk with, because I have no hope for anything good happening. I do want to say, if you're happy about this. I don't know why you're happy about it. I mean, it's, as we talked about, it would be one thing if the people who were so pro life were consistent in that belief across being all for universal healthcare, ending wars,
Starting point is 00:17:21 fighting climate change, just like, and there's so many other ways you can be pro-life, helping, having it not cost fucking 14 grand or however much it costs to have a child. Just school shootings, I mean guns. Right, it's just, if they were consistently as precious about life throughout the whole thing, I'd be like, fine, you are, you clearly value life.
Starting point is 00:17:45 But it's more for me. Also, if you're that person, fine. If that person is happy because, you know, that's, he just, whenever he comes to a major city, he just, he can't get anywhere because he stops every five feet to like help a homeless person into a better situation. Life is just so unbelievably.
Starting point is 00:18:04 But I imagine if he was walking around LA, he would just step over homeless person and be disgusted by everything. Yeah, surely. That's, yeah, it's, that's the thing. It's like after the decision came down, I took a spin on conservative Twitter just to see what people were saying.
Starting point is 00:18:21 And I just, it just feels so disingenuous to me when they all say praise God. God, praise God, God bless God. This is God, like shut the fuck up. You don't, I know you don't believe that shit because nothing else about you is Christian or what the fuck even is good Christian shit these days anyway.
Starting point is 00:18:42 I don't even know because they're so, they pick and choose everything from the Bible, they pick and choose all their beliefs, they're just so inconsistent, morally, ethically, just I'm just so fucking tired of it. And I'm tired of it just being the entire game is just, well, if it makes Democrats happy, then I don't want anything to do with it.
Starting point is 00:19:03 Yeah, yeah. So that's what we have to say about that, right? and I don't want anything to do with it. Yeah. Yeah. So that's what we have to say about that, right? Yeah, I wish I had more hope to offer. I don't. Me too. But I would at least like to say, fuck you, little creeps.
Starting point is 00:19:14 Yeah, yeah, don't be a creep. It's, oh man, it's exhausting. And, it is funny though, because I think you did respond to that guy and say, no, we're not planning on talking about it. Yeah. Well, anyway. So well, should we go in?
Starting point is 00:19:36 Should we just go right into another aspect of Democrats not being able to do anything and talk about some what flight stuff? Yeah, sure. You know what we do need? We need a sound effect that's like a pathetic little trumpet for the bad segue. Bad segue sound effect. Broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom, broom But how about we go into another thing where the d- Wait, you know who we need? A bibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibibib Bipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipipip this thing and I'm never going to be able to share it with the world. Unless I just started recording. Just wait. He must come around the same time.
Starting point is 00:20:48 Yeah, maybe I should start noting the time. I should start noting the time. It's so fucking funny. So anyway, air travel. Pretty fucked up right now. So if you're good, there's a segue. Go to be flying home this weekend for a fourth of July. Go to bed.
Starting point is 00:21:02 You better hope your flight doesn't get canceled because the other day about 50. Was it 10% or 15% of flights got canceled? I think it was 10%, but 30% had pretty serious delays. Yeah. And this is during a time where I think we're having record leisure travel. The TSA is counting record numbers of people
Starting point is 00:21:21 they are screening. Wow. They, after a couple of years of not traveling so much, everyone is trying to get back out there. And this isn't like, you know, this is regular people domestic leisure travel. Yeah. I'm going to see your family,
Starting point is 00:21:36 I'm going to take the kids at Disneyland. I love domestic leisure travel. Do you? Dude, so it's the best kind of travel. Okay, and so the problem is, they're overbooking these airlines. These airlines, fucking airlines. And this story is, it's very in line
Starting point is 00:21:50 with all these things we've been talking about. The stuff we were talking about with David Dayin with the Ford Pintoization of America. These airlines don't have the capacity to run all these flights. They're trying to do it, but they're planning out these flights that like, okay, if everything literally goes perfect, we can maybe do all these flights, but they know they can't. They used to have reserves, they used to have flights that could take over when people got sick,
Starting point is 00:22:17 or you know, all these things, right? Reserves, you mean like reserve crews? Yeah, okay. But during the pandemic, they received a huge bailout. I think it was close to $60 billion. And there was a catch. The government said, you can't lay off your workers. And they were like, yeah, we won't. Yeah, we won't lay out anyone off. But what they did was they did, they did furloughs, they offered buyouts and they did early retirements. And I think it amounted to about, for most airlines, it was like 30% of their workforce.
Starting point is 00:22:51 What do you mean buyouts? They would offer people buyouts to stop working, to stop being an employee. Oh, interesting. Yeah. So they weren't like layoffs, right? They were. Right. Furloughs layoffs, early retirements.
Starting point is 00:23:06 A lot of pilots did early retirements. And prior to that leading up to the pandemic, they were, I'm pretty sure a lot of them were flush with cash and they were choosing to deploy their cash in the form of stock flybacks to help juice stock returns that in turn, hey, guess what? If you're an executive or the CEO and part of your compensation is commensurate
Starting point is 00:23:26 on the performance of the stock, hey, you just won, cause the stock's up exactly where it needs to be. And so you get your, you know, $20 million bonus, cause the stock's up. You gotta get those bonus. And the only way you did it is by deploying that cash to buy back the stock, get the fuck out of here.
Starting point is 00:23:43 Well, it also is a, you know, you also have, it's a monopoly story too, right? All of these like regional airlines, there used to be all these different airlines, and now they've all been bought out and consolidated, and now there's like five airlines, what, what have we got? We got United American Delta Southwest.
Starting point is 00:23:59 Well, those aren't regional. Regional would be, like, I know. There's now five companies because they all bought up and merged and we got Alaska, JetBlue, Frontier, Spirit, American, Delta, United. Isn't Frontier and Spirit, aren't they gonna merge? So yeah, that's actually a thing that's going on right now. JetBlue and JetBlue and Frontier are competing for Spirit.
Starting point is 00:24:24 Oh, great. Yeah, but Spirit rejected JetBlue and Frontier are competing for Spirit. Oh, great. Yeah, but Spirit rejected JetBlue and asked their shareholders to vote for the merger with Frontier because apparently there's antitrust concerns if they were to get bought up by JetBlue. God, those are two titans of just like shitty air travel. Who, Spirit and Frontier? Yeah. I've never flown either of them. I've flown both of them. Yeah.
Starting point is 00:24:47 Frontiers, it's routinely very cheap. And you're like, holy shit, I can fly for 200 bucks. And then it's like, but there's a stop for 17 hours. And you're like, why are you even offering this? Why are you showing me this fucking flight? It's every time. Yeah, yeah. Or it's like you got to pay to check, you got to pay to have a carry on.
Starting point is 00:25:08 You got to pay to select your seat. But that has made its way to all of these major carriers. Yeah, which sucks. Nixel and timing. With these mergers, you're seeing more expensive flights for shitty or services. And now when you look for a flight, you always get a price and you're like, oh, that doesn't seem like a bad price and then they're like, but that's if you want to not bring a bag and not be able to use the bathroom. If you want to do, sit on the airboard.
Starting point is 00:25:32 Right. If you want to be able to get up during your flight, you're going to have to pay another $120. You're like, this is fucking crazy. I would not be surprised. You know that everybody's losing their minds about that like double-decker? Set up that the it's what do they call that not a mockup but a what is it called when you propose something? That's like a no no no, but like what a demo. Yeah, it's like is this close to a demo It's like in architecture when they when they blueprint. No Okay, blueprint is when it's finalized. Yeah, everyone knows what you're talking.
Starting point is 00:26:07 When you're still in the pitching phase. Sure. Just say it. Just anyway, that's what I mean. But there was one, there was one a couple of years ago that was like a standing, yeah, that one, this one of the, I wish the audio was there. Oh, yeah, they want it to be like a subway. Yeah, and that actually doesn't see everybody was shitting on this.
Starting point is 00:26:25 It doesn't look bad. That, look how much leg room you've got if you're on the, on the lower level. You can fully recline like your legs. That's huge. And everybody's like, oh, you're going to get farts directly to the face. No, you're not, because look at the plastic right in front. Wait, I don't really understand it. So up, up top, you're, you have to stand?
Starting point is 00:26:43 No, no, up top, you're sitting. Oh, dude, I don't know. This is like, is very claustrophobic for me. But it's just as close, look. Oh, I mean, air travel has gotten very claustrophobic. Yeah. The seats are so close to you now. When someone leans them back, it was always kind of brutal,
Starting point is 00:26:58 but now it's like, whoa, you're like, my- So then you lean back too. Everybody leans back. I guess. That's the only way it works Baby or you do like I do collect those miles suffer for miles But so this one was like a standing seat. It was basically there's like a subway kind of kind of yet Yeah, I saw that but it's like a little saddle that you sit in. It's just like a little dip shit Like they're just
Starting point is 00:27:24 These fucking Airlines, man. Okay, so airline travel is getting absolutely fucked up. I was gonna, I was supposed to fly back east this weekend, but I'm very glad I'm not because I think it's going to be an absolute mess this weekend. But I'm going to be fireworks going off. The pilot's going to be having a dodge. Right. So I mean, this all amounts to like, you know, fraud basically because the airlines know they can't, they can't possibly keep up with all these flights that they're scheduling. They don't have, and people are getting their flights canceled at the last second.
Starting point is 00:27:58 People are finding out, and their taxi rides to the airport or their subway rides, whatever. That their flight has been canceled. And they know they can't possibly do it all. And so Pete Buttigieg, our transportation secretary, called an emergency meeting with the... Airlines CEO. With the airline CEO, it was basically to like beg them to do the right thing. It was quite funny.
Starting point is 00:28:21 And basically, he just said, these airlines have gotten a lot of public support to try to keep the system Resilient and now we're looking to them to make sure that their operations are reliable and importantly that when there's a Disruption or delay they get somebody on the phone and get the customer service to help work through it That's basically about all you can do and the best thing is so he went to this meeting They all basically told him to fuck off. We're not gonna do anything and then To try to get home his flight was canceled. He had to try back. Yeah, that's funny So these airlines are doing it to what juice numbers because it helps their revenues? Well, I think the hope is that they can they can do all of it, right?
Starting point is 00:28:58 It's like when you you know, it's like when you try to plan anything right? You're like well if everything goes right We can do all these things, but but it never, right? There's weather. There's the, you know, one, and then all you have all these cascading effects where the one thing affects the next, because your crew for that one is late, and then everything just snowballs into this cancellation hell where you're missing 10% of your flights. Yeah. I forget what his name was, but I think it was the transportation secretary under Obama. He actually, it was in 2010, there was these horrible tarmac delays. People, I think one of the longest ones was 12 hours. People were stuck on tarmac. And they were like, this is fucking unacceptable. Because they don't have a lot of power. I think it
Starting point is 00:29:37 was under cart. They deregulated a lot of the airline industry. They were like, well, we can, we can start finding them. So they were, I think it was like a hundred thousand dollars for every passenger left on the tarmac over three hours. And some of these companies were paying like millions of dollars over a weekend for stranding. And then they just fucking stopped. Now, I think they have a rule when after three hours, they just, you go back into the terminal. Damn. Well, so it'd be great if Pete could fucking do... He's not gonna do anything. He's not gonna do anything.
Starting point is 00:30:07 He's too busy riding a bike, wearing his helmet. He's too busy telling people to get an electric car or whatever. There's nothing. Corporate car, this is just... Corporations have too much power in the United States. That's a, a, especially bad. They are pretty, they have a really high level of corporate capture. So well good luck out there folks. I'm flying. I'm going to see my dad in July and I'm going
Starting point is 00:30:36 to see some friends in August and I'm just like it's gonna be hell. If you're on that flight with a meal take pictures of him and then DM them to him. No, please don't do that. Don't say hi, just take pictures of him. That would actually really scare me, please don't. And then try to air drop them to him. I actually got that from a friend one time and I didn't like it. Yeah, I've had that happen. I think it's funny.
Starting point is 00:30:59 If you see Ben do that to him. Yeah, go see him. Because he likes that. Yeah, give it to me, baby. But don't do that to him. Yeah, go. Cause he likes that. He's a little, yeah, give it to me, baby. Uh, but don't do it to me. We got, we got more inflation shit is just, inflation's just nonstop. Wait, did you see that quote from Jerome Powell where he was like, yeah, I did. Well, it don't we have it?
Starting point is 00:31:18 Do we have it? Jerome Powell, yeah, it's right there in the middle. Oh, yeah, this is my home Powell said that we understand better how little we understand inflation. Cool. No, that's cool, dude. That's good that you said that. That's good that you're at least being honest about it. I'm going to start saying that every time I fuck something up.
Starting point is 00:31:35 We understand better. I understand better how little I understand this. The European Union Central Bank President Christine Lagard said that they are going to raise interest rates gradually and not rapidly which is you know this is just going to show that it's not just a it's not unique to the united states it is a worldwide problem so when people are saying oh thanks Joe Biden you're just showing us how stupid you are it's not joe biden's fault
Starting point is 00:32:03 that gas is expensive it It is a global issue. I think that where, where, there's somewhere in the world that they're paying like 11 bucks a gallon. I want to say it's Norway or something like that. I can't remember, but... Yeah, but they probably do it by the leader. No, it works out to... No, no, no, no. I know. $1. Yeah, thank you.
Starting point is 00:32:20 When I was with, when I was in Greece, Phil was like, damn, gas is bad here. I was like, that's where a leader. Yeah. So we also have just speaking of inflation, California is going to be giving us relief checks. Bitch. Why? Why? Why? Bitch? Because, you know, if you don't live in California, sorry, bitch. Yeah, but they're giving it to us. If you don't live in California, you probably haven't been paying 650 for for gas for the last three months. So actually, we are the bitch. We are the bitch. But Michael Burry was tweeting about it and saying,
Starting point is 00:32:55 leaving his commentary like, oh, yeah, real smart to when in the high inflationary environment to give more money, more inflation. But it's not the same thing. We're not printing that money. It's money that the state has and it's coffers. Wait, what did he say? He was basically alluding to the fact that in a high inflationary environment like we're in, it's foolish to give people more money.
Starting point is 00:33:17 Oh. But it's not printing more money. Right, he's still on this tip that we caused inflation because we did the American rescue plan. Yeah which was you know we really overshot and I think that as soon as stock started bouncing back we should have probably immediately been like okay yeah maybe we should start raising interest rates sooner rather than later and that's another thing that's what's frustrating about the Fed and how the Fed is kind of in a tricky position
Starting point is 00:33:46 because in a vacuum when there's inflation, AKA when there's just, when there's not a war going on, when there's not supply chain issues, when there's not all these other things, raising interest rates is the perfect tool to combat inflation, but that's not what we've got. We've got all these other issues.
Starting point is 00:34:07 And the Fed is going at it, the Fed's going at this thing with a, Phil's head, with a, the Fed's going at this thing with a flat head screwdriver. Nice, nice. And they need one of the multi-tool motherfuckers. All right, they need so many different, they need an Allen wrench, they need a wrench. At least it's not a Phillips head Needle nose pliers. What'd you call me? Needle nose pliers?
Starting point is 00:34:29 They need all that stuff, but they're going to come up my flat head screwdriver. I'm ready to fix it I'm ready to fix it basically all they can do. That's what Jerome Powell and his dumb But it's dumb. Have you seen his mouth? By the way, oh have I seen that mouth? Have you I'm serious? Have you seen his stupid fucking mouth? Good. Let's pull up seen that mouth? I'm serious, have you seen his stupid fucking mouth? Let's pull up a picture of Jerome Powell. Yeah, can you type in wet, though? For the audio listener, I wish you could see it. I just, if only you could see this dumb motherfucker.
Starting point is 00:34:58 I just hate his dumb little purse lips. How come every politician is always going like this? Can you get one where he's licking his lips though? They're always going like this, Emil. Because they're always getting yelled at. And they're always doing the shameful, and they know they can't actually do anything. Why is there Jerome Powell,
Starting point is 00:35:19 licking his sex? Put Jerome Powell sexy. Let's just see what comes up. Jerome Powell, come on. Sexy. We love making Luke type things. He doesn't want to tell you. Oh, yeah He does all right now Jerome Powell titties. No, don't do that. No, okay. No, what what's gonna come up? I'm curious Let's see what comes up No, we're not gonna see what comes up. Okay. I'm being told no I'm not gonna see what comes up. Okay.
Starting point is 00:35:41 All right, I'm being told no. Uh, so. Oh. Uh, Bob. Boo. My favorite trader, Stan Druckenmiller, has had a quote about inflation. Ben has trading cards of traders.
Starting point is 00:35:55 I wish. Can we pull it up? I want to see what he said, because people were, my favorite trader, Druck on inflation right there in the middle. What's up? And welcome back to Druck on inflation.
Starting point is 00:36:04 Well, so this guy on Twitter said, noticed about a million people cite drug, because that's what they call him, drug and miller drug, saying, once inflation is above, once inflation, drug says once inflation is above 5%, it has never come down without fed funds going above inflation. So, above that 5%. But zero people are citing the part
Starting point is 00:36:27 where drug says, I actually think we are going to violate history and it is going to come down. I kind of agree with that. I think that- Oh, you agree with your favorite trader? Yeah, I do. I think that inflation is gonna, but I also don't know fuck about shit.
Starting point is 00:36:40 Is that true? Yeah, I really don't know. I'm actually finally understanding just how little I understand about shit. Is that true? Yeah, I really don't know. I'm actually finally understanding just how little I understand about fuck. Very good. Very good. Wow, is that Jerome Powell? Is Jerome Powell in here? That fucking guy, I swear to God, I remember I was harping on it when he said, and it's just transitory, it's just transitory. Oh, maybe it's good, but it's gonna be within the bounds and then now it's just fucking out of control go Eat my
Starting point is 00:37:08 Ass Jerome pal, but I don't really blame him. It's not like he fucking did this. No, I know, but he He could he did he's part to blame we should there should be a tiktok movie summary of Jerome pal There was pandemic pandemic hit country there should be a TikTok movie summary of Jerome Powell. There was pandemic, pandemic hit country. Is that what they do on federal funds rate or is that a TikTok thing? Yeah, you haven't seen those? The movie summaries, oh, they're so good. Do they say it like that?
Starting point is 00:37:37 Yes, it's they use the little robot voice. But chairman say, I would actually like that. Because sometimes there's movies, I'm like, I never want to see it but I'm curious what would happen. Yeah, I sit there and I go through part one two three four sometimes they go all the way to the market. Oh my god.
Starting point is 00:37:52 Oh, I thought it would be one minute. Yeah, but that's like, you know, that's like eight minutes right there or whatever. I'll just read the Wikipedia page at that point. Yeah. I want to go over some trades I went through because this is after all a finance show. I shorted Tesla. How'd you do? Okay, so far.
Starting point is 00:38:08 Except I did a spread. I did a put spread. So like I bought closer in the money, puts, and then I sold for, I bought the 650 strike and I sold the 600 strike. So that means the most I could make is the difference between the two, which is $50. But the spread itself cost me $14. So technically 50 minus yeah 36 and I bought 10 contracts. So that's max. I've spent 14,000 to make 36,000
Starting point is 00:38:39 by the end of July and I sold I already closed half the position because it went down considerably. So how much did you make? So far only like five, I think. Pussy. I know. How's your Bitcoin, Dan? You're still just hovering around 20. No, it's below 20 now. It's like 18, yeah.
Starting point is 00:38:57 No way. Can you Google it real quick? I think Bitcoin is at like 18, eight. Because it was holding it 20 for a while. Yeah. Yeah. Now it's back to 19. So one thing is the amount of bids that I had filled, I actually ended up, I wound up with like 1.4 Bitcoin, and I so I, I sucked away the one,
Starting point is 00:39:16 I'm just not gonna touch it. And then that point four I sold last night at like 20, and I put in a bid way lower. For a bit, you bids a little even? No, I don't know how much I'm down on it. Probably a couple thousand dollars. I fucking who knows, but the Tesla thing though, I wanted to talk about that a little bit
Starting point is 00:39:34 because as we were driving here this morning, we saw a Kia, I don't even know what kind of car it was. I don't think it was the Ionic. It wasn't, it was something else, but it was the Ionic, the Hyundai or the, I think that is Hyundai, but it looks really cool. Yeah. And then when we were pulling into the parking lot, I see a Tesla and I just thought,
Starting point is 00:39:52 this thing looks old and boring now. It doesn't look, I don't think Tesla's are that cool and sleek and sexy anymore at all. I still think they're like visually pleasing, but I do find the inside very like sterile and disgusting like I think when they're brand new it kind of looks nice all clean and everything but But just after just a couple months of use you're like this thing looks nasty. It's just like all scuffed I think part of the reason why the build quality is so poor is because the company has to do everything that they can to keep the margins as Juiced as possible, You know? Oh yeah.
Starting point is 00:40:25 Whereas legacy automakers don't have that issue. So I just, personally, I think that Tesla is... But I do think they're gonna have to figure that out. Like for example, I think the, what is the Ford one called? The Mach EV or something like that? Yeah. I'm pretty sure they're just breaking even on that. So what?
Starting point is 00:40:43 Ford can afford it, right? But for how long? If they want to transition to an electric car company, which I'm sure they do, they've got to figure out how to do better margins than breaking even. Also, I'm pretty sure the battery tech is not great. And it's like so, their big push is that Ford F-150 Lightning. And I think it's pretty good, but anyone who,
Starting point is 00:41:08 or not anyone, but a lot of people who are buying F-150s are, they're gonna be toeing stuff. And I think if you put something like a medium sized boat or whatever, a fishing boat. A fishing boat. It's like cutting in half. Oh, wow. Interesting.
Starting point is 00:41:23 And, hey, at least they got a truck. Cyber truck? Sure, yeah, yeah. They're just gonna have to figure all these things out before. Yeah, but they have the cable. I think that they've got the capability to do that before Tesla does.
Starting point is 00:41:36 Tesla's more concerned about daddy, fuck, by the way, Elon Musk hasn't tweeted in like 10 days. We're not gonna talk about him right now. No, I know, but I just wanna extend my thanks. He listened to me and he shut the fuck up, finally. And I think that he's shutting the fuck up because one of the last things he tweeted was how all of their factories are just cash burning machines.
Starting point is 00:41:57 All they do is burn cash. You never know, he could just be taunting short-deler. Pulling me into talking about him. No, no, I'm just, I'm talking about the stock. Cause he does this. He'll he'll Tweet stuff that is bearish or bad or makes it seem like Tesla is finally Like on the decline and then they come out with surprise earnings that are that just juice the stock again, but Beyond that I also the other a couple of weeks ago or could be because of the whole Galeen thing, and he was close personal friends with her.
Starting point is 00:42:25 Ooh, yeah. Mm-hmm. That's true. Yeah. You were saying that you think Galeen Maxwell is hot. Oh my God. This is... No, I didn't.
Starting point is 00:42:36 It's weird, because I remember you saying that. Huh. Uh, anyway, I also, I also have some hedges that I put on with some August. Was it August? Yeah, I bought some put have some hedges that I put on with some August was it August? Yeah, I bought some Putts breads on the spy for August and December, but I bought them for like way Like anticipating a full-on crash and it's probably just gonna not go anywhere. Did you see Ryan Cohen the
Starting point is 00:43:00 GameStop guy What he tweeted he to well he bought like a 9% stake in Bed Bath and Beyond. Yeah, yeah, we talked about it. Yeah, and then he was like urging the board to do stuff and they basically were like, no. Like what kind of stuff? Yeah. Like, what was he urging him to do?
Starting point is 00:43:18 He was urging them to like, He said, come on, I bought 9% of this shit. 9.6 or something I think. 9.6. They basically told him to pound sand I think. And they're just, and then they reported earnings the other day. And it just tanked like 20% or something. Oh, I thought it was, okay, what do you say?
Starting point is 00:43:34 Well, then he tweeted, I'm sick of, I'm sick of executives getting their golden parachutes or whatever. And meanwhile, the little guy gets fucked. And it's like, dude, you're, you're just a bad investor, I think. Like, you made your fortune on Chui, which was great. And then you straight up kind of got lucky with these. But that's all it fucking takes, right?
Starting point is 00:43:57 You just need the one thing. And then forever, you're that one thing. And everyone's like, we listen to it. Look at Kathy Wood. He had that one thing. Kathy Wood is still out there just making shit up about, yeah, it's insane. That's so, it's, what a stupid, what a stupid time to be like. But of course all the apes were like, yes, he's on our side, he's on our side, he's talking
Starting point is 00:44:19 about, he's gonna, you know, affect change. No, I don't, I disagree with that, Chums. I think that he's just as frustrated as you. He also had bought, like, the stock was trading at like 10 bucks and Ryan Cohen had bought $60 strike call options. Like, what the fuck are you doing buying that? That, so the stock needs to rally like 500% just for those options to do anything.
Starting point is 00:44:47 He's a believer. He's a bold, yeah, he is a bold, yeah, yeah, yeah, well we're already at the 42 minute mark. Damn, I also, you know, one thing that I see people talking about is asking when it will, they're not asking me because what the fuck do I know, when will it be safe to invest in in solid companies again? That is a good question. Yeah, who knows? But personally, I'm gonna be waiting until we have a clearer picture of what's ahead That's what I put in my notes when we have probably the biggest thing would be a resolution to the war in Ukraine
Starting point is 00:45:25 evolution to the war in Ukraine. Cause that's like, that's gonna just, I was reading today that they're doing, when is that gonna fucking happen? It looks like it's gonna get worse before it gets better. Sure, everything will. They're doing maintenance on the Nord pipeline. Okay. And I was reading today that it's probably
Starting point is 00:45:44 just not gonna come back online. Oh, great. Yeah, so that's good. So, I don't know what the hell is going to happen to a lot of parts of Europe with that happening. And I guess Russian state media keeps talking about just bragging about how they will absolutely use nukes if they need to. Oh good. Yeah, so that's good too.
Starting point is 00:46:10 Are you watching a lot of Russian state media? No, but a guy was telling me about it and it's just, it's a bummer because there's so little we can do. What do you do? Oh, I have no idea. I mean, that's, it's funny What do you do? What do we do? Oh, I have no idea. I mean, that's funny. I have a- You're ahead of state. What do you do?
Starting point is 00:46:29 I haven't even thought of Ukraine in so long because of just how bad it's gotten here in just a few short weeks. Yeah. The state of the world is pretty tough, but you know what's consistent? You can always count on us. And no, no, just count on us to be here.
Starting point is 00:46:49 We're here. We got three week. We'll be here until the world. And just, just recording from a bunker. Yeah. No, no bunkers. I'm going to get all that radiation. Just get it out of the way. But I was also going to say you can count on the quality of dominoes, pan pizzas. Oh, I read a good, uh, read Reddit post about how I know how to search you. Well, I'm going to tell you, years.
Starting point is 00:47:10 Oh, this is how we have to all survive the initial blast. Okay. You want to get on the ground and plug your ears. Plug your ears, right. And I think like shut your mouth or something. And then I got to reread it. I saved it. Yeah, because of the pressure.
Starting point is 00:47:25 Okay, and then once it passes, you have like, you gotta get to, you gotta get underground as soon as possible. Yeah. And then you have to wait at least 48 hours. And then you can go back up and you gotta get the fuck out of the city. Why do you have to get out of the city?
Starting point is 00:47:43 Cause the radiation. Oh, see, I thought Cause the radiation. Oh. See, I thought that the radiation dissipates a lot quicker than- It does, like you have 48 hours, but I mean, it's still there. Yeah, you know, it's like, but it's not like Chernobyl.
Starting point is 00:47:58 Why not? Chernobyl was like a full on nuclear meltdown. Yeah. But a nuclear bomb going off is different, I think. You ever see the videos of the guys talking about how they brought the soldiers, they brought them out on a ship? No. And they didn't tell them what they were gonna do.
Starting point is 00:48:17 No. Oh, it's Americans. I think it was a lot of British soldiers. Oh yeah, I was gonna come out here. Hey, Taylor's gonna go her free ship, right? No, don't joke about it. That's great. I nod you, what are you doing out here?
Starting point is 00:48:32 Oh, they're joils, man. Good to see you. Hey, here on the ship. Hey, what's that bright light? That's the sun? The sun's over there. They basically, yeah, put them next to the Sun and they let off they let they all have Horrible PTSD and they all basically died really quickly except for a few who were talking about they said they could see through
Starting point is 00:48:55 They can basically see through their hands. Why did you let me do that whole I was trying to stop you. No, you weren't You said I'll send you the video. It's horrible. I think I just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, I'm just telling you, Everybody not me southerners. I don't make fun of anybody Not publicly privately guys this guy is what am I bigoted to the Mac don't say oh man If I could even list the top five Ethnic groups that this guy hates who are the top five ethnic groups I hate that you hate I Don't want it. I don't want to you what, I heard someone told me there's a... None. There's a plot line on Love Island, do you watch it?
Starting point is 00:49:51 No, but I know about it. I don't watch it either. But someone told me that on the latest season, I guess, they're doing, they brought in some Italian man. Cause I think it's like a lot of British people. Yeah, it is. And they brought in some Italian man who everyone, all the guys hate because he's just this like hot dude and all the women. I don't really know how the game works but like maybe you pair up with people.
Starting point is 00:50:17 And and now I think all the people, the women who are paired up with someone are like, oh we want to, they're like we want to date the Italian guy. So all the people, the women who are paired up with someone are like, oh, we want to, they're like, we want to date the Italian guy. So all the guys hate them. And I was like, that's an allegory for the Italian American immigrant experience. We came over here just hot as hell, greasy. All the women wanted to fuck us. And then we got persecuted, you know. That's right.
Starting point is 00:50:49 You had no choice but to start them off. Exactly. Yeah. Cops weren't willing to protect you. We said, we'll show you. We gonna start them off. We're gonna start them off here. And then we're gonna fuck all of you women.
Starting point is 00:50:58 Should we do a quick, quick crypto corner? We really should. We haven't crypto cornered. We haven't crypto cornered. Oh, there's a big story with crypto corners. So crypto corner Wait for the thing to play So one of the most entertaining stories that is really out there right now is the radio shack Radio shack Twitter has been tweeting some crazy. Yeah I saw one, or I think it's the one.
Starting point is 00:51:25 If you find a squirter, marry her? Yeah, just real fast. Tai Lopez, the guy famous for being on YouTube with his pre-roll ads, he apparently bought RadioShack. I don't know if he bought the social media handle or if he bought RadioShack outright, because they're in bankruptcy or whatever. I mean, yeah, you're getting it at a freaking discount.
Starting point is 00:51:47 Whatever's going on, their strategy is clearly go viral and sell the associated and pump the associated crypto coin, because they started a coin. It's now just a crypto company. Yeah, and if you look at the chart for their coin it never went up it started Up in the top left and it is now in the bottom right we love that it just straight down So this effort is just so futile and embarrassing. They're clearly trying to have game stop 2.0 happen But in crypto world. I will say I can't blame them because normally
Starting point is 00:52:25 You would think that this kind of thing would work. It works in the crypto world. It would have worked two years ago. It would have worked just a couple of months ago. But it ain't two years ago or two months ago. So this tweet right here from them, if you find a scorer, marry her. And then this guy replied,
Starting point is 00:52:42 I'm gonna marry that girl. This guy, J. Mollhulland replied, I've shopped at Radio Shaq my entire life and to see something like this on their verified account is heartbreaking and earth shattering. Radio Shaq you just lost a loyal customer all because you wanted to pander to the radical left. What? Christian God lovers and customers won't forget this.
Starting point is 00:53:03 He's J-men brother. He's J. He must be joking. No, he's not joking. Because look at Radio Shack is pandering to the radical left. And what? Because liking to make friends. Everybody knows that a woman who squirts is a radical leftist.
Starting point is 00:53:16 If you make a woman squirt, you're a limpedo. No Christian loving God fearing woman squirts. Imagine it. They hold it in. A man just making his wife squirt and he's like, get out, not in this house. This is a Christian house. I have a story about squirting.
Starting point is 00:53:33 I knew you would, pal. It's a two-parter. Are you gonna do part one here and part two and after ours? No, I'll do both parts here, because I don't wanna cheat anybody out of this. Years ago when I lived in New York, you're a little rat. I hooked up with this girl who I knew we were friends
Starting point is 00:53:51 before, thank you. I don't know what, oh, the hooking up part. First of all, we walk up to the apartment. It's two sets of stairs up and it's like midnight. As soon as we get in the apartment, she's squirter. No, I'm like, what does that smell? She had stepped in a fresh pile of dog shit
Starting point is 00:54:07 and tracked it all the way up the stairs and into my apartment. And I'm like, fuck! We can't do anything until I clean that up because what if my roommates, they're gonna come home and they're gonna maybe step in it and then they're gonna track it in. So I said, wait here. Where, this was LA?
Starting point is 00:54:21 New York. Okay. I'm like, wait here. I need to clean this up. So I grabbed a bunch of paper towels and some lice all spray and I went and, like just crouch down, wiping up, every other stair had the poop. Clean it up, clean it up, clean it up, clean it up. It's like 20 minutes.
Starting point is 00:54:37 And then I get back up there and she's like, I'm so sorry, I was like, it's fine, it's okay. And we start, you know, getting down with the down doing. And- Getting down with the down doing. Getting down with the down doing. Yes, okay. And listen, I'm not proud of this, but after having just cleaned all that up, we're having sex and she reveals to me
Starting point is 00:54:56 that she's capable of scorting and that, you know, and during sex, middle of sex, I had a Larry David moment and I look up at it and I go, can you not do it? Jesus, babe. She said, yeah, yeah, during sex. During sex, yeah. So, my sincere. That was your apologies. That's my score. That was your score.
Starting point is 00:55:21 Yeah, I asked her, Esther, if she could not. She could go ahead and not. And then, so then the story gets better but worse. So the next, she slept over and then the next morning, walk her outside for, she's leaving town, getting in an Uber and a swear to God, man. As she's about to like get into the Uber, actually, she's going, no actually no, no, no, she stepped into the same pile of dog shit She must have stepped in the night before because there was a fresh one right there and she stepped in it And I just was like have a good flight
Starting point is 00:55:56 This girl's incredible with the dog shit. Yeah, it was terrible. Okay, so what is this now? We got the guy was trolling Oh, he was trolling. I knew it fuck well Yeah, he said okay, all right Anyway, it's it's really if you look at their their let's look at the Radio Shack tiktok account because it's run by this white guy I think he is not associated with Tilo Pez. I believe that this guy bought- Explain who Tilo Pez is real.
Starting point is 00:56:28 Tilo Pez is the guy who was like, all he bought all YouTube pre-roll ads, it seems. You couldn't watch YouTube videos. Oh, would it be like in his garage? On my garage, my Lamborghini behind me. I read about 20 bucks a day. You could be like me if you just read more books. I love knowledge. I love my Lamborghini.
Starting point is 00:56:48 I only fly private. Oh, look at that. Wait, wait. It's just my Lamborghini. Go back to that one. Tai Lopez is the internet's most hated entrepreneur and that's why he is successful. Yeah, because people, it's, it's the dumbest thing. Cody got to meet him
Starting point is 00:57:03 and like go tour his house that he rented or something, but Anyway, he this radio shack so this guy now owns it owns radios, but I don't think I don't know if he is Associated with the TikTok account. It looks like if I had to guess, maybe he hired this kid to make TikToks on the Radio Shack account. And it's all just, Dude, they don't even have 10,000 followers. It's just, yeah, it's just all forced memes. They're just forcing,
Starting point is 00:57:36 they're trying to force this shit to happen with all these Radio Shack. Scroll down a little bit. There's, there's, there we see him right there. This guy right here, he's, he's the one making them all down a little bit more on the on yeah right there the like this kid This is him that's the kid and it's just sad. It's just it bums me out because it seems like all this kids doing is like trying to make radio Coing happen and it ain't gonna happen baboo insert the mean girls meme here. Yeah, you could try to make radio
Starting point is 00:58:02 Yeah, and look at him look at him oh God he's probably getting paid maybe or I'm sure it's contingent on his performance like You radio check is back and there are the leading crypto cut like shut the fuck up. They're not back They're not back nobody's that excited about radio show Also you're getting in at a bad time here pal. Uh, fucking optimism in the crypto industry at an all time low. Yeah, yeah. Uh, any. You know, trust in all of these things. I mean, you're just watching all these things and upload.
Starting point is 00:58:36 I think I sent it. The, that restaurant we talked about. Oh, they're no longer in Long Beach. Yeah, the, the, the board-ape, the're no longer in Long Beach. Yeah, the the the board aped the board ape themed restaurant. Yeah, where you could pay with all your cryptos and stuff no longer accepts crypto. I mean, you guys can it's it's you're watching a forced attempt at a use case, just blow up and be like, just do cash. Yeah, we can't do it. Yeah, it really does.
Starting point is 00:59:10 It really is funny, but I do be holding a Bitcoin. I mean, that might work out for you. I mean, I don't care. He said famously before it crashed his zero. I mean, I think you bought it, understanding that you might lose it all. Yeah. And being fine with that.
Starting point is 00:59:28 Or no, maybe you're not. No, I'm not. I'm definitely not trying to like, hope that it goes to a million. Is there a part of you that thinks that I could happen? There's a part of me that truly doesn't know. But yeah, there's a part of me that thinks, sure, why not? Put a million? Yeah, why not?
Starting point is 00:59:43 I guess, but when? Like all that money is sucked out, right? No. I know. I know. I know. Well, but if you think that, it's not a bad time to try it. Yeah.
Starting point is 00:59:54 There's this guy who... I'm gonna get in at 10k. That's a good idea. Why not? This guy, Tom Levero, who worked at Coinbase, and he led the series D for IVP, whatever the fuck that is. He's got his predictions. He thinks that Crypto's still got further downside ahead
Starting point is 01:00:13 and will probably bottom sometime next year. I don't disagree with that. I think that it, he thinks that it's gonna kinda, it has further, there's further steam to be let out. And it's, I would agree with that because I think there's gonna be a period of, oh, excuse me. I think we're lucky that, I feel like we were getting close to crypto regulations
Starting point is 01:00:38 and you had Gary Gensler and all these people talking about, whether or not it's a security or commodity or What? You know, I'm worried we are close to you know getting regulations and then Big crypto companies getting fucking bailouts from the government or something It is wild that like there was a hedge fund and thank God they crashed before that. Yeah, no kidding These yeah these crypto one of the most prominent crypto hedge funds just defaulted on a $670 million loan, three arrows capital. Oh, dude, one of them, ah, shit, I can't remember.
Starting point is 01:01:11 I think it was three arrows. No, cause they, they, oh, maybe it was them. They lent out like $3 billion. Something like that. It's insane. It's insane. Jinks, jinks. I said it first, both times.
Starting point is 01:01:26 Now you have to shut up for the rest of the episode. And also today, just basically, I think all of this shit is just going to weigh on crypto even further because it's not a good look when you have big hedge funds and whatnot, having solvency issues. And I believe what was the one? No, I mean, we were seeing versions of, you know, bank runs basically. People trying to get their money out of these, out of these platforms, what are the calls? Stable coins?
Starting point is 01:02:00 No, just like exchanges. People trying to get their money out of these exchanges and then just being like, no. Yeah, it wasn't the whole idea of crypto that you didn't have to rely on a bank. Right. Suddenly having a bank. Not such a bad idea. Is it? Winkle Voss boys. I know those have those guys been like tweeting and I who fucking knows they have a band now. They're both in a band. I don't know the dipshit. The dipshit d the dipshit, dukey, doinks. I'm six foot four and there's a two of me. Mark Zuckerberg, please don't steal Facebook. Did they just try asking nicely?
Starting point is 01:02:36 That's actually a bad thing. You know, you could go a long way if you just say please. Please, Mark Zuckerberg. Why didn't they just say, okay, you know what? Great idea. Let's just invest some money. We have millions of dollars. Please Mark Zuckerberg. Why didn't they just say, okay, you know what? Great idea. Let's just invest some money. We have millions of dollars. Maybe we can...
Starting point is 01:02:50 How did they just rich kids? I don't think that they were just rich kids, but... What's their name like, Winkle Voss? Yeah, oh, baby. The Dumber, your last name is, the richer you are. I don't know if it's just a bad guy name. Yeah, Winkle Voss. Oh, god, the Winkle Voss. But it is true that the Dumber, bad guy name. Yeah, Winkel. Oh shit, Winkel Voss. Oh God, the Winkel.
Starting point is 01:03:05 But it is true that the dumb of your last name is the Rikki. Like he's gonna, he's gonna like kick me out of a seat. What are you doing here, Derosa? Yeah. Just for Winkel Vosses. Yeah, and you definitely have a poor guy last name, Derosa. I do. I mean, the Italiansines and Greeks were...
Starting point is 01:03:25 Given the dumb last names? No, historically... Pregidist against? No, spit it out! Dude, I can't even get the fucking word. No, historically, like, working class, lower than any kind. Yeah, yeah, yeah.
Starting point is 01:03:38 Cause you all love potatoes or whatever, what it was? What? Oh, that's Irish, sorry, that's Irish. That's Irish. They love potatoes. Potatoes are delicious. Yeah, I don't got French fries, Tater tots, baked potato. Help me here. Not Irish. Still, why should I do a 23 in me? Yeah, you should. I should. I'm like worried I'm gonna find out I'm
Starting point is 01:04:01 part Nazi or adopted or something. I'm worried I'm gonna find out, um... Part Nazi? Or adopted or something. I'm worried I'm gonna find out, part Irish. The last thing I need is to find out... That you're adopted? Yeah. See, I'm lucky. I got- I look exactly like my dad. Yeah, I look exactly like my mom.
Starting point is 01:04:17 I should get aside by side of my mom. I remember feeling really self-conscious about it because I'm like, oh, I'm a girl. I look like a girl. Because my mom's fifth grade photo is identical to my fifth grade photo. We have the same fucked up teeth, same high cheekbones, everything.
Starting point is 01:04:32 Did you get braces? Yeah. So did my mom, but later in life, like when she was an adult, my mom had adult ass braces. Adult ass braces? Yeah. Good for you, mom.
Starting point is 01:04:43 Hey, mom. My mom turns, turns, I shouldn't say her age, She wouldn't appreciate that. Yeah, come on, man. My mom's having a birthday Coming in August My birthday's in August. Yeah, but what is it August 14th? Mine? Yeah, 20 something. Yeah, you're getting close. 20 second. No, 28th 25th 26th Damn, guess my birthday. 28th. 25th. 26th. Damn.
Starting point is 01:05:06 Guess my birthday. October 29th. Damn. Fuck. I'm a good friend. Yeah, well, I don't have enough memory. Did you know that Adam's birthday was the other day? Yeah, I went to dinner with him.
Starting point is 01:05:16 What the fuck? I texted him too and I was like, happy birthday. He's in town. It's kind of like a close friend's thing. Yeah, I guess I'm gonna take close. Well, I would have I love that guy. I love seeing it anyway Where'd you guys go? It was at his house. Oh But it was like a low key. No, I get it.
Starting point is 01:05:47 No. No, I didn't go to, didn't you guys go to high school together? No. We're in New York together at the same time. I met him in New York. Yeah. It's okay, he doesn't listen to the podcast. I'll say this.
Starting point is 01:06:02 What? No, he does listen. Oh. Which I'm like, I'm worried he's going to listen. No, I will say this. I don't care. It's okay. When I was going, I was like, there were, there's like multiple people who live around me that I was like, Oh, I should, I should see if we should carpool together. Oh, like me? Because I live right near you. No, well, there was, there was multiple.
Starting point is 01:06:32 Yeah. And I literally had this thing of like, I don't know how big this is gonna be. Yeah, yeah. And I don't want to do the thing of them going like, Oh, I wasn't like. Oh, I didn't get told. And so I just drove along.
Starting point is 01:06:41 And I'm glad I did, because none of those people were, it was very small. Yeah. See, this is why I don't like doing birthday stuff for myself, because I don't like those situations where it's like, if I invite this person, then I can invite this person, then you, before you know it, you've invited, you know, 20, 30 people.
Starting point is 01:06:56 Now, I mean, to an actual birthday, you would have invited, this was like a small dinner. No, I get it, yeah. No, I get it. The actual, if you have a weekday, if your like a small dinner. No, I get it, yeah. No, I get it. The actual, if you have a weekday, if your birthday falls on a weekday, Yeah. That's for like very close friends.
Starting point is 01:07:12 Sure. And then on the weekend, you just tell everybody. Yeah. This time, my birthday's, I'm gonna be landing in Tokyo. Oh, I'll take you out, pal. We're gonna freaking... I'm gonna be landing at like 1 p.m. Yeah, and I'm gonna take you out. This is me. I'm gonna be eating sushi.
Starting point is 01:07:28 No, you're gonna be... Wow, this is great. I'm gonna be feeding it to you. We're gonna have the best birthday ever. You're gonna be feeding it to me? Yeah. Oh, yeah, baby. Better use your hands. Hit us up if you want to give us the freaking Tokyo lowdown. Yeah, give me the birthday lowdown.
Starting point is 01:07:41 The best birthday... You're gonna be like a girl who has a birthday two weeks. The whole trip's gonna be a birthday. Oh, yeah. Oh, yeah. Uh, I'm gonna be turning 22. Can you believe it? I know. I'm just glad Taylor Swift age.
Starting point is 01:07:56 You truly are feeling 22. I truly do. 22. Feeling that way. Taylor Swift sucks. I don't know about you. Carly Rae Jepson, Taylor Swift.. I don't know about you Carly Ray Jepson Taylor Swift who's in between? Nobody
Starting point is 01:08:08 It's everyone else is below that. Oh wow So you're two favorite singers. No, she's not my favorite at all. She just sucks But everyone else is below that. Yeah, so I mean sorry. So she's just clumped in there with everybody It's just it's like one of those fat birds, you know, in the toilets and the sewers that they get with all the wet wipes that you're not supposed to flush. Let's go to after hours. Yeah, so we're being told to wrap up.
Starting point is 01:08:37 Kelly Pairns, quit your job, shit, your pants. Uh, if you wanna watch after hours, you gotta go to TMGStudio.tv, go to wanna subscribe either to us us or the TMG Studios tier. Well, you get everything where you just get us. Anyway, we're going to be continuing. We're going to be after hours now. Yeah, you have two options.
Starting point is 01:08:54 If you want us, you can do the trillionaire tier. You can do the part to tier. Or the TG Studio tier. TG Studio's tier. Or you could not do either. Or you could continue to not. Or you could continue to not. Or you could continue to be a sucker and hit skip ad when the ads play on Google. Anyway, all right, we love you all so much.
Starting point is 01:09:14 Let's wait three more seconds till it hits 69 minutes and there it is. Thank you so much. We enjoyed you guys today. We love you so much. Bye. Happy birthday, Adam. This week on After Hours. Let's just do the orgy. Everybody's mad at me. Yeah, all wet. All these people hate me because I'm so wet. I'm gonna learn how to poop at home. If I were 5'8", I would be a billionaire.
Starting point is 01:09:38 You think so? Yes. Sign up on TMGStudios.tv to watch the full bonus episode. So? Yes.

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