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The Patrick Bet-David Show Podcast Episode 9. Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N
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If God only wants 10% of your money, the government shouldn't want more than 9%.
Rest in peace, Herman Kane.
So we are back to episode number 9 with our buddy Tom Zenner and Adam Sauce.
We got a lot of things to cover today.
By the way, I had no idea this entire time.
Kai's been working with us for nearly two years.
You know that.
We went and had lunch yesterday.
I had no idea Kai was a diehard Kim Kardashian fan.
I had no idea he was the guy that followed every single Keeping Up with Kardashian.
Do you wish you would have known that two years ago when you hired him?
I think it would have made a difference.
You would have paid him more off the job.
I would have said, you know, I like your marketing strategies and the way you go about business.
Good for you, Kai.
Yeah, good for you, Kai.
Much respect.
Kai sex tape coming out soon.
So we are back with episode number nine.
Guys, if you're just tuning in, press the thumbs up button.
I know we didn't do it yesterday.
Some of you guys were asking, saying, Pat, I thought you guys were going to do a podcast yesterday.
We didn't.
You will know very soon why we got a lot of crazy things that's going on right now with my life.
A lot of very, very big, big, big movements taking place.
But I think in the next six to eight weeks, I'm probably going to unveil some things that are happening.
And you will know why some of these weird things are going on today.
But we got a lot of topics to cover.
Here's some of them.
Let me just say it to you up front, then we'll get into it.
Obviously, Kardashian show apparently is the last, is it 20th season, Kai?
You know the facts on that 20th season.
Tech stocks took a major hit.
Stimulus round two.
We're going to talk about that.
Adam's got an update for us with that.
Peloton rides COVID-19 wave with a massive announcement they made.
Tesla stock drops tremendously.
I think Elon Musk lost a lot of money this week.
Don't worry about him.
He's going to be fine, but he did lose a lot of money.
A new competitor is coming up against Tesla.
Buffett invests in Snowflake.
You know, Uber is planning on going electric by 2040.
Germany putting pressure on Russia regarding poisoning.
Trump might be spending his own money to win re-election.
Renters update from CDC that'll shock you.
Renters in the U.S. cannot be evicted through the end of the year due to coronavirus CDC order states.
We'll cover that.
And then I saw a video for the state of California, which I don't know if you guys had a chance to watch that video.
The homeless.
Yeah, the homeless.
Kai, can you prepare that video?
I think we start off with California because I love California so much.
You know, you see Paul just got back from California, and he went to Hollywood.
He couldn't believe it, right?
The whole idea, well, what's going on with California with homelessness?
And I kept watching all these videos with people talking about California with homelessness, California with homelessness, California with homelessness.
Have you seen homelessness in California?
I'm like, no, I have not.
I've not been following it at all.
And then I see this video.
Kai, if you want to prepare the video, I want you to watch this video on what homelessness looks like in the state of California.
This is, before you press play, hang on.
This is not Fox bashing California.
This is not CNN defending California.
This is not MSNBC.
This is just a basic news NBC telling you what's going on with homelessness in the state of California.
Press play, Kai.
That's a trend you've probably seen more of during the pandemic, even though it's illegal.
New encampments have been popping up throughout LA in the last five months.
Mayor Eric Garcetti and LA County officials found to get people off the streets during the pandemic.
But as NBC4I team investigators find out, it seems like a third world country.
Somebody literally does.
Two women beat the summer heat in a pool set up on a sidewalk at a new encampment in Venice.
To fill the pool, they tapped into the water line from the building next door.
In other parts of Venice, there are also new encampments on the beach, on the World Frontier.
I've never lived 24 years in California.
I've been all these streets I see.
I know all these streets.
Patients in California.
Bro, that's a golf course.
That's a golf course.
Venice resident Alan Parsons.
So, failure of the local government to ensure that they can't do that.
I know these tents are not.
We've never seen that.
Now, watch this encampment that used to cover just the sidewalk under the 101st.
I've seen California under bridges.
In the middle of the street, this isn't uncommon.
How have we surrendered to the fact that that's normal?
But watch.
Stella Lopez represents downtown businesses in the area that includes a lot of people who are not going to be able to do it.
In addition to COVID, is the city worried about what else is growing underneath those encampments?
People are sitting in their own waste.
We have had typhus.
We have had tuberculosis, staph, rodents, fleas, bed bugs.
All of that is living in these encampments.
Law enforcement tells the I-Team there are now more homeless on the streets for two reasons.
First, starting in April, to stem the spread of COVID behind bars, California jails and prisons began releasing 3,500 nonviolent inmates out onto the streets.
Remember when Iran announced they released 50,000 guys?
California released 3,500.
A home or friends or family to go to.
Also, the city of LA stopped enforcing several laws during the pandemic.
For example, they're not enforcing the ordinance that forbids the homeless from having bulky items at their tents.
That's why you're now seeing huge encampments with sofas, mattresses, and yes, largest economies in our world.
Mayor Garcetti has boasted this summer that more and more housing has been built for the homeless, like this bridge home shelter in Venice.
So to Eric Garcetti, I would say that this is everything but a success.
The mayor's website says when a bridge home shelter opens, the city will establish a lot of people.
How is California now having a bridge home of slums?
New tents are being built.
Compress pause at this point, Kai.
We get the idea.
I mean, look, 24 years I lived in California, every Christmas morning at 5 a.m., myself and 50 of our guys would go to Skid Row.
Every morning, Christmas morning, we'd go to Skid Row and we would go buy 500 cheeseburgers from McDonald's and we'd give it away.
And we'd have our friends get up and we'd go give away food, blankets, toothpaste, toothbrush, you know, all this kind of stuff.
I mean, I understand Skid Row.
It's always been like that.
It took a couple hours, right?
It took a couple hours.
You'd be doing that to the 4th of July now, and that would be just Venice in downtown LA.
The point I'm trying to make to you is we saw this in Skid Row.
Fine.
And by the way, a lot of the people on Skid Row, regular people that had jobs that they're now on Skid Row, these are not people that you think they're homeless.
But to have this happening, I can't believe it.
Okay, they barely touched on the worst problem.
If you want to get somebody going on this, Dr. Drew, he used to have a radio show in LA, and now he doesn't really have that radio show anymore.
But every day, that's all he talked about was the homeless problem.
And I had to turn it off.
It's so.
I mean, look, if you really know what's going to happen from this, it's the disease.
It's the rats that are transmitting all these fatal diseases all over these streets.
It's going to be a huge health issue.
The other thing, too, is the city of LA, probably if they watch that video, the politicians in California, the only thing they would be upset about is, remember at the beginning of the video, they showed that car seat that they had in one of the encampments?
It was from a car.
Yes.
No seatbelt.
I mean, they're going to have to check at those people, maybe get them off the street immediately.
That's probably what they would catch.
You know, it's depressing.
It's depressing.
It gets worse every single week, too.
So, not being a California guy, tell me about Skid Row.
Like, what is that the name of the street?
Is it the name of the area?
Is it like the homeless vibe?
That's what it is.
Skid Road's in downtown, not the safest area.
It's where a lot of the home is, it's a lot of where the shelters are as well.
Gotcha.
But when you go there, there's homeless people on each side of the street.
Very normal.
And I've seen this my entire life living in LA.
Okay.
And I've been in every single pocket of LA.
When you sell insurance and you're running appointments, guess what streets you go to?
Every street.
I've driven 200,000 miles in LA, ranging from, you know, all the way up in Palmdale to Quartz Hill to Lancaster.
Shout out to Cindy Cobus and Patricia Cobus.
I've been all over Palmdale, Lancaster with my appointments to Valencia, to Canyon Country, to Granada Hills, to Simi Valley, to Inland Empire, to San Bernardino Valley to the entire lay of the world.
But I tell you everywhere, I've never seen this.
No, so why?
I was never seeing anywhere in the world.
It didn't exist until a few years ago.
Not even Hollywood.
Is this COVID?
Is this a horrible bureaucratic politics?
Is this just a bunch of nonsensical people running the show?
What is this?
This is not COVID.
This is state of California politics.
That's what that is.
It's state of California politics.
Look, remember we talked about San Francisco.
By the way, if you're listening to this and you are in California, in SoCal, you tell us when you're driving and you're going to work.
Know this: that, you know, value tame in the audience that we have is 195 plus different countries.
So it's not like everybody's from America.
That's only 30% of our audience that's from America.
For those of you that are in California, if you're in California, what does it look like?
Explain to us when you go to work what it looks like in California.
Here's what it is: look, homelessness has always been a problem.
It's nothing new.
In California and America, I'm talking about the fact that it's an issue that is there right now.
You talked about San Francisco a couple weeks ago when you took you.
Matter of fact, I think it was last week, last week when you talked about you and one of your girlfriends that you went to San Francisco and she was kind of like, I cannot believe what it looks like.
They want she wanted to go.
One of my favorite spots to go, Jen and I, we have a blast in San Francisco, right?
To see what's happened in San Francisco.
San Francisco is one of the most expensive real estate in the world.
It should not be experiencing.
So when you go to India, I went to Bombay.
Okay.
I went to Bombay and I stayed there for a handful of days and I was speaking at IIT.
They had 5,000 people there.
And I told my driver, I want to go to the slums.
He says, well, where do you want to go to the slums?
I said, take me to any slum.
So he said, there's slums everywhere.
So we started going to slums.
And when you go to the slums in India, the slums could be right next to a billionaire's house.
The slums could be in Bollywood, meaning Beverly Hills is here, Rodeo Drive.
Next street is the slums.
So they don't have a whole zip code.
This is the rich community.
This is, you know, Brooklyn Heights.
Or this is, you know, Miami-Fisher Island.
This is, they don't have things like that.
You could be in Miami-Fisher Island of India.
Next door to you is the slums.
That's India.
California is starting to look like Bombay.
That's what it's starting to look like.
It's starting to look like the slums of India.
It's happening to California.
Yeah, you know, I saw this great story in the Daily Mail a couple of weeks ago.
And, you know, so many people look at America when they want to come here and they think of Gold's Gym in Venice.
And I may have mentioned this before, but when you go to Gold's Gym in Venice right now, I mean, literally, it is blocks and blocks of homeless people all the way to the front door.
I mean, you're stepping on, you don't know what you're stepping on.
I mean, this day, okay, the garbage that is created from these encampments is unbelievable.
And that happens to trickle away from some of these tense cities that have popped up all over.
And everywhere you look, it's just garbage because it's just crap everywhere.
Everything is left outside.
The health hazard that this is going to turn into in about a year is going to blow people's minds.
It's so depressing.
By the way, somebody just commented right now saying California's homelessness in LA has increased 65,000 people.
65,000 people.
That was said by Anthony Kamel.
Here's Hazem Shrabach says, I go to University of San Diego and I like to run and I see so many homeless people everywhere.
It's really sad to witness.
By the way, you know, this is how the system works.
If your state offers a lot of social programs, and if your state doesn't offer social programs, let me explain both and I'll kind of paint this picture for you and you see where I'm going with this.
Imagine you decide to start a state, okay?
And I decide to start the state.
In my state, I say, listen, you come, you don't pay taxes.
But guess what?
You got to figure yourself out.
You got to make your money.
I don't have any social programs for you if you come to my state.
But you don't have to pay me taxes.
The only taxes you'll pay, if you want to use the express lane in my freeway, we spend $150 million for that.
You're going to have to pay $3 to go on that express lane.
If you come to my state, if you want to buy property, you're going to pay property tax.
In my state, you're going to pay taxes for things you use, okay?
But your state says, we're not like the other guy.
That guy, all he cares about is money in the state of Texas, Florida, Nevada, these states.
In my state, if you come here, I'll give you social programs.
I'll give you shelter.
I'll give you this.
I'll give you that.
I'll give you this.
I'll give you this.
In return, you have to pay me 13.3% of your taxes.
And by the way, if you're not making $300,000 or $200,000 or $100,000, it doesn't affect you anyways.
But we will give you all these social programs.
Who's going to attract?
What kind of people is your state going to attract?
What kind of people is my state going to attract?
This is the exact definition of what Texas is attracting and what the state of California is.
It sounded like a gubernatorial debate there.
I mean, that was almost an exact script from some of those states.
And I think a Republican could win in California on the homeless issue alone.
If they proposed a plan that would actually get these people off the street, I don't even know what the answer is.
What do you do?
I mean, they're trying luxury hotels.
You know that they're going into luxury hotels too.
New York, California, Santa Monica in these areas.
They're trying that.
No one even talks about it.
You know, they have reporters at some of the local affiliates in LA.
That's all they cover.
They're investigative reporters that used to cover scandal and things like that.
All they do is the homeless issue, and nothing's changing.
When I worked at Burger King in Glendale, I worked at Burger King.
Yes, I did work at Burger King, by the way, just so you guys know, I loved it.
When I worked at Burger King, I was a chef.
I like to call myself a chef.
This is what age.
I made 16 years old.
We're in a medium shirt.
He started out fresh.
He started as a new chef, by the way, just so you know that.
Medium shirt, because my boss Eddie didn't have an XL shirt for a guy that was 6'2 at the time.
So my lower back was always out because I'm bending over to make the whopper no onions.
But we had these three homeless guys that would constantly try to come in.
And I was the guy because I was a bigger guy.
He would say, Chef slash bouncer?
Yeah, that's what it was.
I was the guy that they would come and say, hey, you need to tell those guys to leave.
So every time they would come in, tell them to leave because they're disturbing the customers here.
Okay.
So I'd go out.
I'm like, hey, you guys got to leave.
Hey, what are you doing?
Hey, John, what are you doing?
You got to leave.
You can't be in here.
So I'll go ask him to leave, right?
At Burger King, when I work there.
Today, you can't stop them.
Because if you do it today, they can complain and say, How dare you not let people in?
It's a very sensitive environment.
You can't ask them people to leave your restaurant.
I'll take it one step further.
It shows a lack of empathy for homeless people that need to be in a warm place.
How dare you say things like that?
So they can come at like 7-Eleven, you could only stand outside.
And if you wanted to go inside, nowadays it's slightly different.
Who complains?
Like the Karen police?
Of course, the Karen police.
It's not the actual police that show up, like, yeah, you can't be throwing homeless people.
But the city will do something about it.
Here's the new thing.
This is real.
Like, the encampments in downtown LA are so bad.
They're just unbelievable.
And they seep into residential sidewalks in front of high-rise buildings.
They tried to renovate downtown L.A., as you know, right?
Tons of condos, lofts, business, you know, around Staple Center, LA Live.
They did a great job.
It was thriving.
And then, boom, pandemic.
Lakers no longer playing their Clippers.
Kings done.
Downtown shuts down.
It's a ghost town right now.
Business is bailing.
So the homeless situation just keeps creeping and creeping into these nice high-rise areas.
Do you know that if there's a homeless encampment on a sidewalk or creeping onto a sidewalk or property of a high-rise, building owners are not allowed to turn on the sprinklers to water the grass because that would be harassment?
They're not allowed.
So I think what we're trying to say is, folks, California is recruiting people.
If you want to go to an incredible state to pay high taxes with great welfare benefits, it's a great state to consider.
If those things are important to you, they are heavily recruiting right now, especially Mary Garcetti is recruiting.
What's the solution, though?
Because obviously we've identified the problem.
That's a good question.
What can be done here?
You know, here's my thoughts.
I have my thoughts.
I'd like to hear Tom's.
Well, here, I'll just say this first.
You know, the thing that scares me is the smart people are leaving.
People that could actually come up with a solution are bailing on the state.
Could you imagine if Elon Musk tackled this problem for a little bit instead of boring a hole from Hawthorne to LAX, you know, for a tunnel, or if smart people got together, people that know what they're doing that aren't, you know, politically biased, the problem could be solved, but the smart people are bailing on the state.
Yeah, I mean, it's a big issue because, okay, think about it this way.
So, one, what is the other thing California is known for every single year that it happens and they can't figure out a solution for it?
What is it?
Fires.
And you saw the last fire that happened, right?
Unbelievable.
Kai, do you have a video of the last one?
By the way, I'm going to get to your question here about California.
But you've seen the fires.
Prepare that for a second.
We'll get in.
While you're looking for it, I'm going to give my points here.
So don't worry about it.
It can erase some of the people.
How many people are hearing this considering moving to California and they're just like, fuck.
But here's what I tell you.
Here's what I tell you.
Okay.
You ever see a kid that's a spoiled brat?
Okay.
You ever see a spoiled brat?
How does somebody become a spoiled brat?
Are you born being a spoiled brat?
Your parents raise you.
How does one become a spoiled brat?
No parameters.
No boundaries.
You ever see a kid you talk to and he says, yes, sir.
Yes.
Absolutely.
Parenting.
Yes, ma'am.
How did you learn that?
You think you were born saying yes, sir?
Yes, ma'am?
That is not accidental, right?
Kai, we hear the audio.
That's not accidental, right?
You don't just all of a sudden say yes, sir, yes, ma'am.
You ever seen somebody who is very proper, very clean the way they take care of themselves?
You ever seen somebody that's dirty?
The kid that would come to school that was dirty, filthy, nails were dirty, and everybody would make fun of the kid.
It's not the kid's fault.
Kids not coming to school being dirty.
Kids coming to school because parents didn't check the kid's nails, fix the kid's hair, fix what he looked like, spend some time with the kid.
That starts off with leadership from the top.
When you have a certain way of thinking and philosophy, when a company has a culture, when the company lacks a culture, when the company lacks a vision, what happens?
You lose the best people.
The only people that stick around are the people that you're just glad to have a salary.
I'm just glad to have a job.
California's culture from the top and philosophy is so broken that if they don't do something about it soon, this thing's going to get worse and worse and worse.
By the way, there's only so much you can pay CNN and MSNBC to show California as the greatest place on the planet.
There's only so much.
NBC doesn't care politics.
That's a SoCal news NBC that has to report what's going on in California with homelessness.
The local news is reporting what's going on to the cities, but few people listen to the local news.
Only the people that live there listen to the local news.
Most of the people consume their news from what?
You don't listen to NBC Anaheim.
You don't listen to NBC downtown LA.
You listen to CNN.
You listen to MSNBC.
Del Pox.
Fox, I'm a Fox guy.
Come on.
Yeah, you listen to Varney and France.
Like, you listen to guys like that, right?
So you don't know what's going on locally.
But I tell you, when I see this and my dad sends another video, my dad sent me a video to the other.
I think I showed it to you.
Yeah, of course.
I could not believe we never.
I thought that was the video that you were going to show me initially.
That's a different video.
My dad, I said that.
I don't believe it.
He says, let me show you a video where I live.
And he sends me the video.
100 homeless people outside of his house.
I've never seen that in the world.
That was the video of Mario's like, I used to play soccer there.
I knew that.
Exactly.
You know, and it's like the leaves changing in the fall.
It's just subtle, right?
You see a couple, you know, homeless people in your community around this street, and then it turns into a small encampment, and then it becomes the new normal.
That's the scary thing: this has just creeped in, and it's spreading.
I mean, it is spreading through, because you can't all be downtown LA.
They're moving towards the beaches.
They're moving west.
And, you know, the culture in California is empathy for everybody, right?
It starts with that governor level and then mayor in LA, Mayor Garcetti.
So when you have empathy for everybody, there's no discipline.
There's no focus.
There's no consequences for anything, really.
You can get away with anything in this country almost right now.
Courts aren't even open.
Yeah.
You know?
So that's that part.
Now, go to the other part.
Kai, did you find a video or no?
Did you find a video where California, there was a fire from a gender reveal reveal?
And by the way, I don't know if you've seen when they do these gender reveals what it looks like.
This is kind of what it looks like.
This is not the exact one.
But watch this.
A gender reveal party went terribly wrong.
A gender reveal party.
You see the fire?
Kai.
That fire ended up costing 80 million dollars.
But this is two years ago.
Give you an example of the explosion.
This is just an example of a gender reveal.
Now, go back.
Go back, Kai, and show the other video of what just happened in California right now.
7,000 acres right there.
You can play that one.
That's one of them.
Courtene Rick, you won't believe how this fire started.
More on that in just a moment.
From our vantage point, the flames have died down a bit, but this is still a very active and dangerous wildfire threatening homes.
About evacuation orders because, of course, that's what's on everybody.
And the North Bench Ucaipa, specifically with Lamard and East.
They now know that.
But it's not a movie.
No, does this blaze mean it was a boy or girl?
Yeah, that's a good idea.
When you cover nine mountaintops, I think that's a boy.
By the way, that kid is going to end up either being someone that could cause Armageddon or that kid's going to change the world.
But hey, you're being born and you're saying, by the way, just so you know, my parents caused the fire in California that caused this.
And apparently they want to get money from the parents for causing the fire.
Like, what are you going to do?
Hey, parents of this gender reveal you did.
Here's a bill for you.
$7.2 billion.
When are you going to pay it off?
You know, and that voiceover was kind of whimsical for that Inside Edition story.
But I mean, think about the people that are now homeless because of this fire.
I mean, that's a real, real catastrophe.
You know, it just shows how narcissistic you are.
I mean, can you think of anything really right now outside your own family?
I mean, people are kind of closing ranks and thinking about themselves and trying to take care of their own problems.
But to invite people out into a dry grassland just so you can tell them what your child's sex is going to be, how narcissistic.
Those people need to be punished in some way, shape, or form.
Right?
I mean, they talked about pressing charges, but I mean, you're not going to put them in jail or something.
I don't want to make Adam feel uncomfortable because he told me he wants to one day do the gender reveal of his child like that.
I want to use a machine.
He wants to do a little bit of a flamethrower.
You qualify for it.
Everybody brings their own gasoline.
I think it's fair to say California leads amongst all states and narcissists.
They produce a lot of narcissists.
And empathy, apparently.
They do good in business.
But go ahead.
Just a couple of quick facts.
You mentioned this yesterday.
This gender reveal thing has not been around for decades and decades and decades.
I think it's been going on for 10, 12 years.
It started with a lady who slid cut into a cake.
Oh, the cake's blue.
Oh, my God.
Okay, cool.
That's what it was supposed to be.
Then it shot off kindergartner firework.
Okay, cool.
No big deal.
But now people are taking machine guns and pyrotechnics.
It's out of control.
But I mean, this kind of stuff isn't happening when it comes to the Arizona fire.
By the way, the people did get a bill for like $8.5 million, the machine gun in Arizona.
And it was a cop, I think, who actually did that.
Now these people in California are probably going to get a bill.
But I found this out.
80% of fires, these ridiculous arson fires, are man-made.
Yeah.
Man-made.
Just idiots, you know, oh, they're smoking a cigarette.
They throw it on the ground.
So there needs to be some stricter laws in the West.
Like, this doesn't happen on the East Coast.
New York City didn't, you know, go up in flames because someone had a gender reveal party.
It's obviously the elements of nature on the West Coast.
Kai, you don't want to be more careful.
Kai, you know what I would have mind doing?
I wouldn't mind getting somebody in that world.
Didn't they make a movie about a firefighter that they try to put out these fast fires?
Movie came out four years ago with actually a very good actor.
What was that movie's name?
You guys know which one I'm talking about?
Just came out three, four years ago.
It was about how to put out fires, and one of the main heroes ends up dying.
If anybody's watching this, do you remember that?
They could hit like when these just start.
Yeah.
They could get them?
Here's what I think.
I think, you know, okay, you're in California.
What is it called?
Only the Brave.
Only the Brave.
Yeah, I remember that was a good movie, by the way.
Only the Brave.
I was thinking when Chuck and Larry got married.
Yeah, that's the kind of movies you would watch.
But there was also backdraft back in the days.
Here's what I think.
You're in California.
Every year this time, we have fires.
Every year.
This time, we have fires.
Okay, why don't you take math?
And if it's always happened, like, Kai, can you look up when the fires happen?
Is it always in September, August?
Because it's September, August.
It's starting early this year, I think.
Okay.
So say it's August, September.
Why don't you, during that time, recruit, I don't know, 50,000 firefighters from other states, okay, 10,000 firefighters, or reactivate firefighters that were retired firefighters and put them in certain spots just for that two-month period that in case something were to happen, we get to it immediately.
California has access to the smartest brains and they can't figure this out.
Hey, Governor Newsom, you know, the son-in-law of Nancy Pelosi, why don't you go bring a meeting together and have a meeting with the Musks of the world?
I think he tried to do something.
Even the guy prior to him was doing it, Brown, he was trying to do something.
He actually put up a meeting to get listened to Republicans.
But why don't you put a meeting together and figure out how to solve this?
Everyone's being affected by this.
I don't know how many times I've driven on the 405 freeway.
You know how you're coming back from the airport, you go into the valley, you drive through the 405 freeway, Adam, fires on both sides.
And you're just driving through.
It's like you think you're in the morning.
This is normal.
This is normal at the season.
When is the season, Kai?
Did you look it up?
It's the fall.
I mean, that's when everything's dry.
You know, you've got a summer of no rain.
So you're saying also having like National Guard out there where they can respond to when it's a few hundred acres they can get it and knock it down before it turns into 10,000?
Because if Kai is saying, if Adam is saying, if Adam is saying, does it say season or no?
May through October.
Okay.
It's summer.
Yeah.
Summer.
So if Adam is saying 80%, and I've seen that stat before, 80% of fires are man-made.
Well, you know where most of them are from?
The utility companies.
PG ⁇ E, you know, where the sparks, they have sparks on the power lines in the merely remote areas.
Boom, the sparks cause these fires.
The last three years, it's been the, I mean, billions and billions and billions of dollars in settlements that they've had to do.
I've always thought, why can't you have a little bit more irrigation underneath the power lines to make sure that if there are sparks, they're not going to torch, you know, 15 communities?
Like the wine country has just been devastated the last few years with fires.
And these things come in, Pat, in some of those towns with the winds that are whipping.
They'll take out the entire town, right?
A town of like 4,000 or 5,000 people, like nothing standing.
All the houses burned down, everything.
The businesses, the houses, because they're up against these mountains.
And man, it's devastating.
I don't know.
Look, here's all I know is if you run a company and every May through October, the same problem happens and you don't figure out a way to solve it over a 20-year period, you're fired.
And by the way, this is not a small little cost here to the state.
This is a big tax to the state.
You mean to tell me you cannot figure out these fires that are happening?
My dad sent me a whole long plan saying all these aqueducts, you know, all these, how do you pronounce it?
Did I pronounce it right?
Yeah, all these water.
He says, you're next to the ocean.
I understand if the fires are happening and you're in the middle of America, like not next to you.
You're in freaking Nebraska and there's no lake or no water.
You're right next to the ocean and all these global warming folks are saying the ice glaciers are melting, which means you have access to more water because water ties are coming up.
You can't figure out a better system to solve this thing.
I don't know.
I'm not in that world.
Hey guys, I want to thank you for getting me excited to go back to California.
Thank you.
By the way, there has never been a better commercial for California than the first 20 minutes of this episode.
We got fires, we got arson, Jay homeless.
Come on through to California.
This life's great.
Yeah, so Rico Calley says, let soyboy out in the wild, LOL, so we can teach him how to fish him.
And his political following needs to get those toes wet.
By the way, this soyboy name, you are the only person ever that's had a nickname like this, and that stuck.
You know, it's a very impressive nickname.
It sucks or it's stuck.
It's stuck.
It's very special.
By the way, since we're talking about all these zip codes, we just talk a lot about California zip codes.
How about let's talk about the richest zip code in America?
We should have people guess what they think about it.
Can anybody take a wild guess what is the richest zip code in America without Googling it?
I just want you to write it down.
What is the richest zip code in America?
If you were to guess what is the richest zip code in America, what would you say?
Well, so a 0% chance that this area is going to be burning down.
You'd think Greenwich, right?
You'd think maybe Southern Cal or something.
You'd think Greenwich.
You'd think Beverly Hills.
You would think certain parts, you know, in, but you would think Greenwich and Mar-a-Lago, San Francisco, up north, you know, certain areas.
But no, it is people are putting zip codes here.
You got D.C., you got Jupiter, Florida.
That's actually a good guess.
Jupiter, Florida.
By the way, Kevin said 32256, very close.
Tony got it.
Tony Piela got it.
One, two, three, four, five.
Tony got the zip code right.
Way, Tony, way to go.
Joseph Ness got it.
Fisher Island is the richest zip code.
That answer by our buddy is sponsored by Google.
So phenomenal job for being able to Google it.
But Fisher Island is the richest zip code.
33109.
A seven-minute ferry ride from Miami Beach is the richest zip code in the U.S. with the residents earning an average of $2.2 million your income.
On Fisher Island, millionaires drive around on golf carts, lounge on beaches, and sand imports from Bahamas and vacations and condos worth over $40 million.
On Fisher Island, millionaires drive around with an average, okay, got that.
Median home value, $2.9 million.
This does not include $250,000 initial charge and annual fees of $22,256.
So I've got a story for you about Fisher Island.
So while we're looking at Florida, well, we're looking at homes in Florida.
I ask my pilot to take me to look at homes because everybody's telling me look at homes in Star Island and look at homes in Fisher Island.
So we get on a helicopter and we fly and we have the footage of it to look at the home.
So when you're looking at homes in that area, you kind of go and you kind of get a feel about angles.
Do you like this?
When I went and looked at Fisher Island, I said, let me get this straight.
If I live on this island, if I just want to get off the island and go do something in the middle of the night, it's not a, hey, you got an exit, you're good.
You got the seven-minute ferry.
You have to take a ferry.
If the ferry's available.
If the ferry's available.
You pretty much have to be either retired or have it as a vacation home to be living in Fisher Island.
Now, you're from the Miami Beach area, South Florida area.
What could you tell us about Fisher Island?
Have you ever been on there?
Yeah, you've been to a party?
I've been told to be a part of it.
Many times, many times.
I remember going my first time.
I was like 15 or 16 and came from a very just normal average household.
And I had like some family friends that were staying on Fisher Island.
And you drive your car onto the ferry, right?
So your car is parked on the ferry.
It's a quick little, it's right downtown Miami.
You pull off, you're on the ferry, you get off.
And actually, the fastest you can drive is 19 miles per hour.
It's like a very weird number that you can drive because I think that's how fast the golf can go.
That's pretty much what it is.
But I remember just being 15 rocking golf carts and just, it was like the coolest thing ever.
Now, there is a private beach.
I've been to many times.
I actually do have a buddy.
He's an attorney that lives there and takes the ferry every single day.
Obviously, during COVID, he's not working from home.
He's working from home.
But it's a lot of fun.
Ritzy area.
Just, you know, everything you would think of in a rich, you know, golf course, tennis courts, marina, beach club.
You can't pay.
This is probably my favorite part.
I could not pay.
Everything goes on a guest card.
I'm sorry, on a resident account.
So you go on, hey, I want to order a drink.
Oh, who are you with?
Oh, I'm with, you can't pay.
Got it.
So it's like a country club type of thing.
It's a country club kind of vibe.
It had to go on the Ferraro account.
Shout out to James Ferraro, my buddy that lives there.
Huge attorney.
Huge attorney who lives in Fisher Island.
So if you're thinking about it, go to Fisher Island.
By the way, the numbers didn't look crazy.
To say the medium home value is only $2.9 million.
The income seemed high.
House values seem low.
But it didn't look like not massive houses.
That's what I was going to say.
They're like condos.
They're like townhomes.
It's not like Star Island where you were looking at 10, $20 million homes.
Go to Star Island, these are Star Island.
These are condo-type homes.
I think it'd be the greatest place to quarantine, Fisher Island, right?
Where you don't have to leave for three months.
Lock me in there.
No problem.
Can you protest?
Is protesting illegal in Fisher Island?
Nobody is protesting.
You better know how to swim to get there.
Nobody is protesting.
So that's what?
That's Star Island?
There you go.
$60,000.
That's Madonna's, right?
Yeah, we looked at homes over there.
It's actually really, really nice.
There's a few homes.
If you go on realtor.com, Kai, go to realtor.com and type in realtor.com.
Good.
Go type in Star Island.
Florida should come up.
Not Garland.
Nothing's happening in Garland, by the way.
Kai is, by the way, you're getting more messages.
People sending me saying, let me do the research.
Okay.
All right.
So $27 million.
Okay.
Go to sort by.
You see where it says relevant listing to the left, to the left, a little lower.
There you go.
Go highest price.
Beautiful, man.
We're improving.
$39 million.
Click on the first one, the $39 million house right there.
Okay, so that's $39 million, $18,356 square feet on 1.41.
Can you scroll through the pictures?
Okay, that's the house.
That's a pretty nice.
That's the last call to second.
That's like the last, last house.
That's like 10% of the island.
That's like 10% of the island.
Keep going, skip through the pictures.
I mean, this is the stuff that you see in, you know, cop.
What is it?
The movie that Martin Lawrence, Bad Boys.
This is like a bad boys movie where the house blows up with the Colombian drug lord.
This is what that house looks like.
That's the area.
It's a beautiful area.
But again, if you're somebody that's playing offense and you want to go to work every day, I don't know about living in a place.
Yeah, nobody, people in Star Island, I'm sorry, Fisher Island.
It's very golf, tennis, country club type of lifestyle.
You're not leaving the island all that much.
Okay, so let's talk about stimulus, round two.
So obviously, stimulus round two, Senator Republicans rolled out a slimmed down stimulus plan on Tuesday that includes $300 weekly federal unemployment benefits through December, a $257 billion in small business aid, and no additional system for cash scrap states.
It leaves out a second round of $1,200 stimulus checks, which help people make ends meet at the peak of lockdown orders in April and May.
Democrats are likely to block the bill, which they attacked as, say the word, Adam.
Look at the word that's a...
What?
Emaciated?
Emaciated, which means what's skinny as hell.
Skinny as hell.
The latest jobs report on Friday showed U.S. regained 1.4 million jobs in August, indicating the economy was slowly recovering its footing after a wave of massive job losses stemming from the pandemic earlier this year.
Adam, what can you tell us about the latest stimulus round two?
Here's the latest news.
If you have not been following the stimulus talks for the last month, if you just, the last time you even Googled or researched stimulus talks and you have not followed this whatsoever and you just turned it on today, nothing has changed.
Absolutely nothing.
It's just been blah, blah, We want $3 trillion.
We want $1 trillion.
Okay, we'll give you $2 trillion.
All right.
Nothing has happened.
Here's the most unfortunate part.
Democrats were at $3 trillion with this HERES Act.
Republicans were at $1 trillion with this Heels Act.
That's where it left off in August, right?
And then they went for recess.
Keep in mind, they already passed the $2 trillion CARES Act.
So my guess was like, okay, you're at 3, you're at 1.
You're just going to be in the middle of two, which you had already done.
Now, the discussions have gone so backwards that they're trying to agree upon a half a trillion, $500 billion skinny, emaciated, I mean, anytime you're using the word emaciated, that's probably not a good thing.
Emaciated bill, which is likely not to even pass the Republican Senate.
But you know for a fact when that goes over to the House, that's not going to pass whatsoever because they're looking for trillions.
Here's the most, because I've been following this.
Here's the most unfortunate part about this entire thing, about this entire thing, because they disagree on so many different things, funding states, funding schools.
Should we do this?
Should we do this?
Here's what the unemployment should be.
There's so many disagreements.
The one freaking thing, the one freaking thing that they all agreed upon this entire time was $1,200 stimulus checks.
Republicans said yes.
Democrats said yes.
Let's do it.
That was the one thing.
That was the cornerstone.
Now that is the one thing that is not happening now.
So it's like conversation discussions have gone so far out of whack that the one thing they actually agreed upon in August isn't even on the agenda right now.
Well, Congress got to show up, though.
They're also not showing up.
Pelosi's not coming to the table.
She doesn't want to sit down and talk.
They're avoiding all the meetings.
To be able to strike up a deal, you got to be there.
You can't just get on TV and scream and say Republicans.
Both sides.
One side is willing to have a sit-down.
One side is saying we don't even want to show up to have a sit-down.
How can I negotiate with that?
What's funny was it was the other way around last time.
Chuck and Nancy were sitting there waiting for Mnuchin and Mark Meadows and Trump to show up.
They had to have a lot of money they were asking for.
Yeah, you can't just come out and say it's this or the highway.
That's not how you negotiate.
You don't negotiate and say it's only this or we can't do anything together.
Hey, Pat, have a little respect for D.S.C. Do you know how long it takes to have your hair blown out?
I mean, she cannot be running back to D.C. all the time to take care of business.
Here's the reality.
If you're expecting a stimulus check, it ain't happening anytime soon.
And if it is going to happen, some news might happen this week.
If not, guess what?
Congress goes on another break in October.
So they have this time.
The one thing, here's the good news for anyone that is actually following this kind of stuff.
The good news is there's going to be a government shutdown, I think, October 1st.
And Chuck, I'm sorry, Nancy Pelosi and our boy Steve Mnuchin have already agreed, let's avoid a government shutdown.
So that's the one thing that is potentially the good news is they're not going to be a government shutdown prior to the election.
But if you're sitting at home looking for stimulus checks or unemployment checks, it's looking bleak.
So let me ask you a question.
How about we think like a Democratic campaign manager, marketing side, and a Republican candidate?
Yeah, yeah, yeah.
The whole thing's political at this point because people are trying to get re-elected.
Why don't we actually do that?
Yeah, yeah.
Let's actually do that.
Let's think about it from that perspective.
I thought you were going to ask this question.
So here's a question for you.
Sure.
The question is: say we do the $2 trillion that Democrats want to pass.
The stimulus.
Say we do the $2 trillion.
If we do the $2 trillion that we pass, who does it benefit more?
I'll tell you right now.
So I've already thought about this.
And the clearest example is: Democrats have a heart, no freaking brain.
Republicans, all brains, no heart.
And what do I mean by that?
So if Democrats want to pass more money, half a trillion, we want more.
We want more.
They don't realize that's going to help the American people.
Obviously, they realize that.
That's going to help Trump for sure.
Yeah.
For sure.
Now, if nothing passes, this emaciated, skinny bill, nothing happens, that's not a good look for Trump.
If no money is in people's pockets, no money's going into small businesses' pockets.
So I think to answer your question, any money that ends up in the hands of the American people will probably end up helping Trump.
So if Democrats actually wanted to weaken Trump's cause, they would just hold out for nothing.
But they want to help people.
So there's the brains and they want to help people.
They want to help people.
Do you think Pelosi wants to help people?
You really believe that?
Do I think that she wants to give money to people?
Yeah, obviously.
Do you think her intentions on wanting to do that is political or purely from a place of wanting to help people?
Anything Nancy Pelosi does is political.
Let's just establish it.
Let's establish that.
However, she does want to put money in the hands of people.
If it benefits people, Democrats running for Congress.
Democrats running for Congress.
Not if it's the best thing to do.
Because here's the reality of it.
Sure.
Okay.
What is the best thing to do?
Yesterday, my friend of mine, Pastor Dudley Rutherford, posted something online saying giving stats on cases, because no one's talking about cases right now.
Every day we heard about, can we get an update on cases and deaths?
You can go to Google and just see it.
Every single cases.
Coronavirus.
Oh, that still exists?
No, no, that was still exactly.
That's the point.
Holy shit.
Everybody's here.
Every single.
Look at this.
No way.
Honestly, when is the last time you saw the media cover cases and deaths?
It's election season, baby.
The last time they were spiking.
So watch this.
Watch this.
Watch what it's hit, okay?
This is cases yesterday.
It's 22,000.
Yesterday, Kai, 22,000.
Go to death, go to death on what we have.
Okay, it's low, it's going down.
354 yesterday.
Now, obviously, one is too many, but it is what it is.
Every day, when I say it is what it is.
You sound like Trump right now.
No, it's not that.
When I say cancer, cancer is what are you going to do with it?
You're going to have it.
It is what it is with cancer.
You have stats that's going to happen.
And the cancer stats are legit.
We can believe if someone is on their death certificate, it says cancer, that's what happens.
This is the difference when CDC comes out and say 94% of the people that died had other reasons as well.
Now, go to the two states.
Go to Florida and go to Texas.
Because, you know, every day, all you ever heard about was Florida and Texas.
Go to Florida.
Okay, this is Florida.
Look how low it is.
Okay, and go to cases.
22 yesterday in the entire state of Florida and 1837 cases.
So that's kind of like 1,837 people got pneumonia or a flu, stronger flu yesterday.
Now go to Texas because every day all we heard about is Texas, how bad of a job they're doing.
Now go to death in Texas with cases, with deaths.
Okay, you got to realize, how are you not sharing this right now?
So here's my point to you.
My point to you is the following.
Okay.
You go to legacy, Plano Legacy West.
If you go to Plano Legacy West on a Friday or Saturday night, there's a thousand people there.
I'm not even kidding with you.
You go to Toulouse.
We go to Toulouse all the time.
A thousand people there.
That's a low number I'm giving you on the street.
A thousand people.
In the total area?
Total area.
Way more than a thousand people.
Way more than a thousand people.
Okay.
You go to Flemings, packed.
You go to Toulouse, packed.
Restaurants open inside here.
You go to a restaurant.
Today.
Oh, dude.
Today.
Today.
It's like nothing's happened.
While I'm driving here, typically my drive here is 12 minutes.
Today was a 30-minute drive here.
Why?
I had to go through two schools.
Schools are back in Texas.
People are going back to school.
Kids are going back to school.
Cases are going lower.
Deaths are going lower.
Stats are coming back from CDC State and all this other stuff.
Stimulus for what?
What's the stimulus for?
I understand a little bit of stimulus to help out certain people that are unemployed.
But stimulus check for what?
Why do we need to keep sending more money?
Why do we need to do that?
I understand for me.
If you ask me, I understand students' stimulus for small business owners.
I fully understand some kind of an aid for small business owners because if the small business owner stays in place, what does a small business do?
Jobs, jobs, hire people.
So if you pay the money to the people who are not going to create jobs, that's a short-term fix.
But if you put the money in small business owners, they're going to use that money to hire people.
That money gets passed down to the people.
And then people have to go reapply for jobs.
A few years ago, when Obama was president, he made unemployment benefits 24 months.
We've talked about this before.
When unemployment benefits were 24 months, the moment he cut those benefits to six months, guess what happened?
Everybody was applying for new jobs.
What happened all of a sudden?
Stimulated the economy.
What happened all of a sudden?
More jobs.
No, I understand supporting small business and a small amount of it, but I'm now with $2 or $3 trillion again while you're looking at cases and that's going down.
I looked at some of the numbers that are inside these bills.
How do you even follow the money?
You know, this is unbelievable.
$15 billion for child care?
How many daycare centers are there in the U.S.?
I mean, how do you actually monitor that to see that that money is actually going to help people that have to have their kids at daycare?
And then 31 billion of that is supposed to go for the vaccine and $105 billion to help open schools.
I mean, it's such a nebulous term.
$105 billion to open school.
What does that even mean?
Yeah, that's true.
Right.
I would love to see some of this money go down.
I think one of the biggest problems in America right now, biggest crisis, is the fact that parents who can't watch over their kids as they're trying to learn at home.
In California, we're still at home.
Two kids at home.
What about the parents that have to work?
What about the parents that don't have high-speed Wi-Fi?
They don't have an iPad at home.
I think it is a catastrophe at a very, very high level.
These kids are losing a year of their life.
Gone off the map.
How about athletes?
My son hasn't been able to shoot a basket outside of maybe coming to Texas and going to a lifetime fitness that is open, and he's a basketball player.
I mean, it's costing things.
And you live in California.
Yeah, and we look, it's so depressing.
You look at it.
All the rims are off.
They were so quick to take all the rims off the basketball courts at public parks.
Isn't that insane?
You can't even shoot hoops right now.
Yeah, it's intense when you think about the stuff that's going on.
But again, for me, when I see this whole stimulus conversation taking place, stop being political and start realizing what's best to do for people.
And for people to realize, stop buying into them thinking they're all doing everything for you because they're trying, they're also being political.
You can't be too naive about it.
I just know if you, if you want to stimulate, if you want to stimulate, you know, get the economy back up again, let's help out these small business owners.
Yeah, and everything you just said is the last thing that's going to happen, right?
This will always be political.
You have to just look at the timing of this a couple months from the election.
No question about it.
By the way, we are eight weeks out from the election.
That's the number.
As of today.
As of today, you're still leaning Biden, right?
As of today.
Am I leaning Biden?
Yeah, you're leaning.
I maintain my stance.
It's 50-50 still.
I know you're 85%.
Yeah, 85%.
I've seen Trump will win.
Ever since they did TV, people don't vote for boring presidents.
Ever since TV came out.
If there is no TV today, Biden wins.
TV benefits Trump.
You know, last night, it's 11 o'clock, 11:30 last night, and I decided to watch some old interviews of Biden and old interviews of Trump.
Like old, old when he was senator.
Yeah, yeah.
I'm talking about 80s, 90s, and I'm talking about, you know, Trump pre-politics.
Okay, so I went and watched an entire interview of Trump and Melania when they did the interview with Larry King.
By the way, fascinating interview.
No joke.
It is a fascinating interview.
She was talking and saying things.
I've never heard her talk as much as she did in that interview.
If you've never watched a Larry King interview with the two of them, it's a must-see.
What year was this?
This is 2005.
Height of the Apprentice or Apprentice was probably just a huge amount of time.
Height of the Apprentice.
Third season.
Third season is what it was because they were talking about third season.
Then I went and watched Trump in 2013 with Letterman.
Okay.
How Letterman treated him.
Okay.
And how they're sitting there having fun.
And, you know, Trump is saying, I love Hillary.
I love Oprah.
Oprah's great.
I love Oprah.
Oprah is a very good friend.
I love Oprah.
I love this.
And how Larry King treated Trump, how Letterman treated Trump, right?
Everybody wanted to put this guy on TV because they got views.
I mean, look, when you do interviews with a guest, a network wants to bring a guest that brings what?
Eyeballs.
Yes, totally.
This is why Trump does well.
This is why Obama does well.
This is why pre-Epstein era, Bill Clinton did well if you brought him on a network.
When Bill Clinton was on TV, you did well.
People wanted to see.
Hillary didn't do well.
Biden doesn't get invited to a Letterman.
Biden doesn't get invited to these types of shows.
And the interviews, you don't walk away saying, oh my gosh, I'm so excited about it.
But today, with TV, it doesn't favor a Biden.
Career politician.
Yeah, it just does.
And it's not even a career politician thing.
Let me explain to you.
I enjoy watching Andrew Cuomo.
I'm being dead serious with you.
I think Andrew Cuomo is entertaining.
I'm not even talking politics, you know, pro-life, pro-choice.
I'm not talking NRA.
I'm not talking nothing.
I'm purely talking about a 57-year-old independent woman who's kind of getting to a point where she needs to start thinking about Social Security and Medicaid, but she's not there yet.
But she's kind of like, you know what?
I can't stand Democrats and Republicans.
They've both let me down.
Let me see who it is.
You know what?
I like this Cuomo guy.
Let me give him a shot.
And plus, he got to learn from his dad, who was a showman and an internet.
Guarantee you, if Cuomo's running against Trump, my views would be completely different on who could win.
If an Andrew Cuomo is running against Trump, I'd have a complete different perspective on who's a complete different point of view, simply because he's more enjoyable to watch on TV.
But you're seeing a lot of stuff that's going on right now between the two.
And one other thing Trump said recently, you're hearing people talk about how Biden last one had a record break-in month with the amount of money they raised.
I think $385, they raised him and Kamala, they raised $385, give or take, a million dollars.
But here's what Trump said on what he would do to win re-election.
If I have to, I would invest my own money.
Trump said regarding the possibility that he might use his own fortune estimated $2.5 billion towards his run for a second term, which $2.5 billion is, just came out yesterday from Forbes 400, which we talked about yesterday with a net worth of $2.5 billion.
If we did need, we don't, but if we did need, because we have much more money than we had last time going into the last two months, I think double and triple.
But if we need it anymore, I put it up personally.
Trump has discussed spending as much as $100 million of his own money on the re-election, if necessary, according to Bloomberg News report on Tuesday, citing unnamed sources.
He contributed $66 million of his own money in 2016 campaign, but it would be unprecedented for an incumbent president to put his own money toward winning a second term to report added.
Thoughts on that?
Okay, first of all, wouldn't he be like the bank?
He'd be loaning the campaign the money because he's getting that money back after he wins or after the election, more than likely.
So it's another smart business move if he chooses to do it.
I heard one of the talking heads on one of the shows.
I don't even know who it was.
It was all a blur, but talking about how Trump can't afford ads right now, right?
In swing states like Michigan, do you really think they're not spending money where they need to?
You know what state they're going for?
Minnesota.
They're going to flip that state more than likely.
I mean, I'm from Minnesota.
It's always been Democratic.
The commercials, they're pumping into that state right now, and I think it's really, really working.
So, you know, it's strategic right now.
It's where you're spending.
It's the swing states.
They're going to try to win these things.
And, you know, when you have 2.5 billion, you know what Biden's net worth is?
$9 million.
He didn't quite make that Forbes list.
$12,777 or $1,277 of $2.5 billion.
I'd be more worried if he did have billions being a career politician.
Oh, right.
That would upset me even more if a career politician.
And suppose he has $140 million, though.
Yeah.
I don't know if you knew that.
What's going on with money, though?
That's Gavin Newsome family.
Right, right, right.
Okay, go ahead.
Yeah, I mean, I don't even know why this is a major story.
Obviously, he may spend his own money.
He probably won't.
He's got a war chest full of hundreds of millions of dollars.
He said in the first time around that he would self-fund his campaign.
He didn't have to do that.
But like you said, it would just be a loan.
He would pay himself back.
For me, this is a non-story.
This is a non-story for you.
Okay, so whether he may spend his own money.
Cool.
All right.
Let me know if you spend your own money.
And even if you do, what else would he spend his money on?
This is the only thing he's going on, got going on right now.
He wants to win the election.
You should spend his own money.
Okay.
Why wouldn't he?
Well, don't get upset about it.
I'm just reading something to you.
Why are you getting upset about Trump?
He's really heated right now.
He's telling you.
He's going to spend his own money.
He doesn't take a penny from his salary.
First guy to do so.
Oh, God.
He gives it away.
The guy's worth $2 billion.
He doesn't take $200,000.
Isn't it great that a person becomes a president not needing the money and not needing the favors?
Isn't that kind of cool?
Don't you appreciate that integrity?
I think the president should do that.
Who the hell needs a salary when you're the president?
That's not how it is, buddy.
People become presidents to, you know, there's a lot of people become presidents to make 350 grand.
Well, no, but to make money afterwards.
Obviously, that's every president.
Yeah, the fact that he actually's $400,000.
Get the number one.
Oh, is it?
Okay.
You know, and not to pick on California more, but Newsom did say that he was going to forego his salary, right?
And then he, no, he's going to take 50%.
50%.
And he asked his other top aides and high-ranking government officials in California to do the same, and they did.
And then it turned out that he never did take the pay reduction, and he called it an accounting error.
So he didn't even do that.
So some politicians talk in a good game and they don't actually.
But it's like the story that I brought up yesterday with the Japanese billionaire that lost 40 million day trade-off.
That's my point.
Who gives a shit?
But the difference is this is the guy that's going to dictate your 39.6% capital gains tax versus 20%.
I'm waiting for them to come out.
Waiting for what?
It came out already.
I'm waiting for it to be official.
Like, who do you think when Goldman?
Seleven Sachs email.
You're serious.
I'm just saying I'd like to.
Tax plan is online.
Go read.
I'm going to go read Biden's tax planning.
This guy, we're sitting next to a millionaire here who hasn't read Biden's tax plan that he's about to vote for.
All right, so let me tell you what your friends Adam at CDC just announced, okay?
Renters in U.S. cannot be evicted through the end of the year due to coronavirus.
CDC state.
Let me say this one more time, by the way.
If you're listening, I don't know if you got this or not.
Renters in the U.S. cannot be evicted through the end of the year due to coronavirus CDC order states.
The Center for Disease Control and Prevention implemented a temporary eviction moratorium through the end of the year, protecting U.S. renters from losing their homes during the coronavirus pandemic.
The Trump administration announced Tuesday.
The CDC will apply to all rentals units nationwide until December 31st and goes into effect immediately.
Senior administration official in an unpublished CDC agency order.
Treasury Secretary Steve Mnuchin told a U.S. House of Representatives panel Tuesday that the moratorium would cover around 40 million renters.
That's crazy.
Renters will be eligible for the moratorium protection if they received an economic impact payment or stimulus check as provided for by the CARES Act.
Therefore, single rentals must earn no more than $99,000 a year, while couples filing jointly can earn up to $198,000 per year.
So CDC can tell real estate developers and owners that you cannot force people to pay rent till the end of the year.
They're treating it insane.
Right, it is.
They're treating it as a health crisis.
So they're saying if all these people are on the street, it's going to make the cases go way up.
But man, this really teaches you to read the fine print because if you just go by the headlines thinking, hey, man, I don't have to pay rent for the rest of the year.
You mentioned a couple of those stimuluses that you have to hit, but you're also, you have to prove that you're unable to pay your rent due to a coronavirus-related job loss or income reduction.
So you know these landlords are going to be really sticking to the T to make sure that you have hit all these guidelines before they're going to get a lot of money.
But who takes the hit?
That's the question I got.
So does the landlord take the hit or is the government going to pay the owner of the property the money for the rent?
Landlords.
Because even if they were going to get reimbursed or there was going to be a government protection program for these landlords, it's going to take months.
Well, then let me ask you another question.
So the guy who owns the property with 1,000 tenants, is the bank going to forgive his payments for the rest of the three months for 2020?
No.
No, I think as of right now, there's no relief for this for the people that are.
I understand this is coming from Trump's administration with Mnuchin.
I am not for this.
And here's a guy that's a developer himself, Trump, who was in real estate himself.
So you mean to tell me, just because I own land and I own a commercial real estate property with 1,000, 2,000 tenants, and 25%, he's saying 41 million.
So if you do the math, how many million?
40 million renters.
Total American workers in America is 160 million.
That means 25%, if 25% of my tenants cannot pay their rent, is the bank going to forgive my payment by 25%?
No, and here's the other number.
I'm not good with that.
40 million potential voters, maybe how many landlords?
Maybe a million.
So if you go for the numbers right there, the people.
Again, this is politics to me.
And if you don't protect the guy, now the guy has to file bankruptcy that he can't make his payments.
You got to protect him as well, just as much as the other one.
You know, here's another question.
What if you're evicted and you live on Fisher Island?
Do they put you on a one-way ferry off the island?
You're not living in the future.
You can't afford those $60,000 rentals.
They only qualify if you get stimulus checks.
Single renters must earn no more than $99,000.
Sher Island doesn't qualify.
But by the way, you know, couples earning no more than $198, that's still a good income.
That's a great income.
So you mean to tell me if I'm making $195,000 a year and I lost my job, I don't have to pay the $3,500 rent to the place I have in New York for the next three months?
I don't know about this.
Adam, how do you feel about this?
This is your boy Trump.
He allowed this.
I don't know.
Because he's Trump.
I'm not saying that.
I'm telling you.
Oh, guy, that's logic.
One thing that I just want to point out: this says this is a moratorium, meaning a pause, right?
Like not.
So basically, is this rent money due in January?
That's my question.
You don't pay rent for three months, right?
Okay, so you owe nine grand in January.
No, I have to do it.
I think a lot of cases you do owe that back rent.
I don't think you're not forgiven forever.
It's not forgiven.
Good luck.
Good luck collecting it.
100%.
What's the number of collection?
30%.
You're not going to collect 70% of it.
So even if it's, say, $2,000 a month, four months, that's $8,000.
A typical collection collects 30%, $2,400.
Yeah, I don't mind if you're doing moratorium, but why don't you give me the back-end moratorium if I'm the one that owns the property?
There's got to be more to this story.
There's got to be more details that I can find.
Kai, can you look into it to see if the owners of the property are being forgiven as well while this is taking place?
Look into it while we're doing this.
Actually search it online.
While we're going to be able to do that.
There might be a moratorium on their mortgage payments to the bank, potentially.
You know, you think the CDC, in conjunction with talking about this, they could also then talk about the lower cases of COVID right now, right?
Maybe, hey, we want to keep these numbers low.
That's why we don't want a lot of people being evicted with the potential of, you know, a lot more people getting infected.
Yeah, somebody asked a question saying, so why is there homelessness now?
This is by Luis Alpha Hernandez Omega.
Luis, that's a good question.
This is for people that are currently renting.
So if you weren't renting, you can't go to a place and say, now I'm not renting.
So now let me live here for four months with the moratorium.
But again, that's the information.
That'd be a sick deal.
If you're a homeless guy, you get a place for one week.
Boom, I can't pay it.
Now you're not free.
But I tell you, look, if you're running a commercial property and you have renters, you as a person who owns the property have to know that people, when you go to look at an apartment, what are you looking at when you go into the elevator?
What are you looking at when you go into the front lobby?
When you look into an apartment, what are you looking at?
You're looking at the quality of tenants because you're looking at who your kids are going to play with, who your kids are going to go down the elevator with.
So you have to look at the quality of people as well.
So I don't know.
I don't know.
I'm a little bit not fully there with this.
Maybe we can get a little bit more stats on this year, but I'm not fully.
So by the way, I got a text this morning, and I know a bunch of you guys have been messaging this non-stop the entire time, but I got a text this morning that our friend, okay, our buddy here, Adam's best friend, the candidate he's supporting, Donald Trump, Norwegian parliamentarian, nominates Donald Trump for 2021 Nobel Peace Prize.
Okay?
Norway parliamentary nominates Donald Trump for 2021 Nobel Peace Prize.
You know, Kai had something to do with it.
By the way, somehow.
Somehow.
They watched this podcast.
And they say we are sick of Soyboy pushing him and bullying Trump.
Let's give him a Nobel Prize.
Oh, my God.
But do you think, because Obama got a Nobel Prize six months after being a president, I think six or 12 months after being a president?
Yeah.
Do you think Trump has done more in the first three and a half years deserving of a Nobel Prize?
Or did Obama deserve a Nobel Prize after six months of being president?
What are your thoughts?
I'll go to you for a minute.
This is not unbiased.
I'm not playing sides here.
What's the peace prize for?
Israel and the UAE.
All right.
Then if that's what it's for, that's a pretty big accomplishment.
What else would you say to give him a Nobel Peace Prize?
I mean, it's not North Korea.
Look, you know, it's not Iran.
You know, the other things.
It's not China.
Well, the other things they've talked about is no armed conflict.
First time ever for a president, what, a long time, 40, 50, 60, 70 years?
There was no armed conflict with Clinton.
There must have been.
There must have been a couple things.
No, there were.
That's like James Carville, the Raging Cajun, his most famous line.
It's like, tell me what you didn't like about the Clinton administration, the peace or the prosperity?
Which one?
I know, but there was maybe like Grenada or something small or Kosovo or Serbia or something that he had to go into at the time.
No wars.
First of all, no one is saying anything about Clinton.
I voted for the guy.
I thought the guy was a good president, minus, you know, maybe he could have married somebody different, you know, but that's a complete different.
Believe me, he's got the same sentiment.
Listen, when I went to a funeral in Arkansas, have I told you this story before?
So my father-in-law died.
If you've ever seen a movie, the video that we did, Life of an Entrepreneur, when we shot that video that morning pre-shooting, I go inside.
Jennifer says her father passed away.
I know I'm going a completely different angle here, but you'll see where I'm going with the story here.
So you got to be kidding me.
So then I have to shoot the video because my camera crew's waiting outside.
I'm like, Jennifer's crying.
I'm like, oh my gosh, this is crazy.
In that video, you were like really sad.
I was not in the best place.
But, you know, that was an acting.
I'm not an actor.
That's my point.
You were like, oh.
Yeah.
So that was Jennifer.
I'm constantly going through it.
So long story short, we go to Arkansas and I'm working with the owner of this place called Brazil.
Brazil is a funeral home where they do the service and all this other stuff.
So I'm working with the guy because I'm making the payments.
I tell the guy, so let me ask you a question.
This is in Hope, Arkansas.
What can he say about Bill Clinton?
Do people hear him?
He's a small town, right?
Yeah, that's right.
By the way, Jenna, my wife and Bill Clinton went to the same middle school, except 40 years apart, but they went to the same middle school.
So I said, so tell me the story about Bill Clinton.
How do people here feel about Bill Clinton?
You know what he said?
I said, listen, I'm a Republican, and we all love him.
I said, come on.
He says, I'm telling you, we all love Bill.
I said, tell me why you love Bill.
He says, you know, when Bill was younger, if somebody is at the market, he would open the door for them.
He would carry the people's backs to their car.
He would ask, how's Johnny doing?
How's Bobby doing?
How's Mary?
He would always ask.
I said, very interesting.
I've never heard that before.
And, you know, you're kind of getting the guy's character or how he was growing up.
I said, so is he a womanized or like as bad as they say?
This is 100%.
I said, is that a proven fact?
He says, 100%.
I said, how do you feel about that?
He said, I would also be a womanized if I was married to Hillary Clinton.
So then I said, what do you mean?
I said, have you ever had any kind of dealings with Hillary Clinton?
He says, yes.
I said, what happened?
He says, one time, Bill Clinton's uncle died.
And he says, is this a funeral home director?
This is a funeral.
Because, you know, these guys have all this information.
Yeah, so he says, the uncle died.
And I said, so what happened?
He says, well, there was an event going on for his uncle.
And he came and he's reading the eulogy.
And I think Bette Midler was there or something.
He was telling the story.
And he says, Hillary sat away from everybody.
She didn't want to talk to anybody.
She sat in the corner in this one place that's in the corner that nobody can touch you.
Secret services are under.
And when the whole thing ends, Bill says, well, we're going to go to the plot because they're going to bear here.
He says, don't expect me to show up, you know, flat out.
He says, I'm going back.
You can go with your friends, but I'm not sticking around anymore.
And she left.
He says, you know, this is what Hillary said?
Yeah.
He says, look, we were behind it because we were watching everything.
He says, she's just a flat-out bitch is what she is.
Simple as that.
So, you know, no one's saying anything about Bill Clinton when he ran.
But today, for Trump to get a Nobel Peace Prize.
Pat, don't you think Bill Clinton deserved a Nobel Peace Prize just for all the altercations his wife probably had with the girlfriends and managing that situation all the time?
You know, for his charisma, though, Bill Clinton was the man.
I mean, he was pretty cool.
I could see how people on both sides really.
I like that.
I think Epstein's going to ruin his legacy.
I don't think Monica Lewinsky is going to ruin his legacy.
I think the 27 visits to that island is going to ruin his legacy.
Because I think if he didn't have that, he could potentially go down as one of the greatest politicians of all time.
And that's if the real truths, whatever they may be, come out.
You know, you look at this.
I don't even know what story I printed up.
I printed up a story on President Trump getting the Nobel Peace Prize nomination.
Of course, the headline has to say, far right Norwegian lawmaker nominates Trump.
It can't be Trump's just nominated, right?
I mean, the point is.
What side is this from?
I don't even know what I normally say.
This is like a CNN as NBC.
Maybe.
Let me see.
Far right.
Trump.
Kai, I sent you the link to that one.
Put Nobel Prize.
Let's see which one I pulled up.
Let's see what comes up.
Daily Mill Trump is nominated for 2021.
He deserves it more than Obama for brokering diplomatic ties between Israel.
Okay, yeah.
There you go.
Just answer your question for you right there.
Look, as not a Trump fan, I actually agree.
I mean, Israel and UAI, that's a big story right there.
So listen, if you're watching this yourself out there, by the way, we're at 1967, 33 away from 2000.
If you're enjoying this podcast, put a thumbs up.
I know some of you guys were complaining last time, saying 90 minutes isn't long enough, but if you are liking where it's going so far, put a thumbs up and share.
Ask our audience if they think that Trump should win up.
But I'll ask it anyway.
The Nobel Peace Prize.
Or if there's somebody, are there any dissenting point of views?
Is there anybody out there saying, hell no, Trump does not deserve a Nobel Peace Prize?
I'd like to see what our audience says.
Yeah, we'll see.
Does he deserve a Nobel Peace Prize?
Does everyone agree?
A bunch of people are putting thumbs up.
Do you think that happens without Jared Kushner?
Probably not, right?
I mean, he spearheaded that, I would imagine.
Kushner is a very unique character.
Let me tell you.
Kushner, to me, is a guy with a lot of power and a guy that's going to do a lot of things in his life.
The guy is a very heavy, heavy guy, especially with his father.
He comes from a lineage of people that are pretty strong personalities.
Yeah, and he's not going to have, you know, he's not going to give his ear to too many people.
But if you're with Ivanka and he respects you, he's definitely going to listen to Jared.
Plus, if you don't crave the spotlight, if you can stay under the radar screen, because there's only one person is going to get the attention.
He's low-key a G. He's low-key.
There's an article done about him.
If you've never read it, pull up the article written about Jared Kushner, Time Magazine.
If you've not read it, and Kai, do me a favor, put this article in the comments section so people at the end of the podcast can go click on it.
Kushner, Time Magazine.
Time Magazine article.
Yeah, Time Magazine cover right there.
There you go.
This story, if you've not read the story on January 16th, you have to go read this story about him.
Let me tell you, a lot of great things are revealed in this article.
Put it in the comment section below.
Not in the chat box.
Mario, if you're listening to this, put it in the comment section.
Not the chat box, but the comment section so the viewers can see this.
Yes.
I'll make one point on Kushner.
Remember yesterday we were doing the pitch meeting when we were talking about upcoming interviews and there was the Russian billionaire you were considering and we were like, let's see what his wife looks like.
And you're like, oh, all right, great job for this guy.
Imagine doing research on Jared Kushner and not knowing who he was and pull up what his wife looks like.
Boom!
There you go.
You pull Ivanka Trump.
This is pretty, everyone hates Donald.
Half the country hates Donald.
Everyone was in love with Ivanka.
I mean, gorgeous.
Yeah, no question about it.
Let's call it Spade a Spade here.
So homie pulls that.
You know, the other fascinating thing about him, too, is: didn't Chris Christie put his dad away?
Didn't Chris Christie prosecute his father, put him in jail?
And then for him, that's one of the reasons that Christie was not in the inner circle and is a little more comfortable calling out Trump these days because he's not going to be in that inner circle.
Guys, we just crashed across 2000 live six watching.
First time ever it's happened on the podcast.
Congrats.
Thanks for everybody for making this happen.
By the way, when I asked the question about Nobel Prize Adam's question, we have a lot of thumbs up from people.
Some people are saying, of course.
Hell yeah.
Michael Wheaton says hell yeah.
Josh K says absolutely.
Joey Raimondi says thumbs up.
But then we have a few that say no.
So we have he deserves it.
Edgar Garcia.
Trish says hell no.
Hell no.
Yeah, she's not playing.
It's hell no.
Trish ain't playing y'all.
Camoguello.
Pitt Jotty said hell no.
Marco said if Obama could, Trump deserves it.
And a bunch of other people are saying so.
What is it?
80-20?
I think it's probably 80, yes, 20 saying no.
And a lot of the, yeah.
It's good to see we have a different opinion.
I love that.
Absolutely.
I love that.
And plus, there's two different factors.
Does he deserve the nomination or does he deserve to actually win it?
So it'll be interesting to see who's doing the vote.
I think he's going to end up getting it.
To be honest with you, I think the girl that I sat down with, Nomi Prince, Yonomi Park, her and I were talking last night.
Yonomi Park, who was in North Korea, escaped and she's a defector that went to China, eventually came out here to the States.
I spoke to another lady yesterday for a good hour.
It was a very awkward interview, but it's going to come out here pretty soon.
She was the reporter back in 2009.
I don't know if you remember the story when these two documentary journalists were in.
Lisa Ling, right?
Lisa Ling, Laura Ling.
Good memory.
Yeah, Laura Link and Yuna Li, they went to China and they did this documentary and they went up to the border of North Korea and they got arrested.
They got arrested.
And they were there for 140 days and they eventually make it back because they went into a hotel room.
They saw Bill Clinton there.
They gave him a hug.
They got into Air Force One, flew back.
Bill Clinton went to get him from Korea and brought him back to the South Korea.
Yeah, well, he went to Korea, but he went and negotiated and brought him back to.
And I was sitting there talking to her.
She gave a completely different perspective on North Korea.
But, you know, there's a lot of stories of people that are bringing different kinds of human rights and bringing different things to, especially like today with human traffic and being a topic.
You know, you wonder what Trump is doing with this Israel and UAE.
That's not an easy thing to do 25, 26 years.
It's never happened.
So I don't know.
I think he's eventually going to end up getting the Nobel Peace Prize.
I just don't know when.
But I can tell you one thing for a fact.
I look forward to the day when he gets it on how the media is going to react.
I'm looking forward to reading those articles.
That's what I'm looking forward to reading.
How do you bash peace on any level, right?
Isn't peace a good thing?
I'm looking forward to his acceptance speech.
Why did it take so long?
By the way, just so everybody knows, you already know what the media is going to say, though, by the way.
What are they going to say?
They're going to say, all right, congratulations on peace in the UA and Israel.
Well, what about your own country?
I don't think they need to say congrats.
I mean, I think at certain levels that you got to congratulate that, like you said, peace is good.
We're going to say what happens domestically.
By the way, so since you, and I know you are devastated by this, Adam, and you were trying to hold your emotions back earlier, but we didn't want to do it while it was a little emotional for you.
But how do you feel about, and you were on this thing for a good year.
How do you feel about keeping up Kardashians coming to an end?
20 seasons and 14 years.
The show will be done after the final season airing in early 2021.
What are your thoughts about that?
I got a tear.
I got a tear coming out of the ball.
You were in it for a year, for a good year.
2011.
I was in the wedding, the wedding season.
Literally the wedding season.
Something tells me, despite this show going away, these women are not going away anytime soon.
They're going to still be out there doing their thing.
Time to move on to a new group of thoughts on E. You know, I don't think E can get rid of the brand.
I mean, they've got to stay on on some level.
I mean, Chris Jenner's not giving that up.
So somehow they're staying.
You know, it's funny.
You had the thing in 2011, Adam, at the wedding, right?
Let's not sugarcoat it.
In 2009, I helped a friend who was opening up Sushi Samba in Las Vegas.
So he wanted me to help him get some celebrities.
Most overpriced sushi restaurant on the freaking floor.
We have it in South Beach as well.
On Lincoln Road all the time.
You know, short notice.
$15.
I was trying to help him get some celebrities just to show up just to walk the red carpet.
This is 2008.
It's either 2008 or 2009.
So maybe the Kardashian show was a few months old.
Everybody knew who Kim was, right?
But so on short notice, I was able to help him get Baron Davis.
Not bad.
He did.
That's a big baller back then.
Courtney Kardashian.
Nice.
And Nikki Hilton.
Okay.
But just to put it into perspective of this Kardashian Jenner empire, this is 2009.
You know what their appearance fee was back then to walk the red carpet only?
They weren't doing interviews.
They probably didn't even hang.
25G for Courtney Kardashian a few months into the show.
25 G.
I know, but back, I mean, I thought for back then, before she was a human, I mean, right now, you know what I'm saying?
You ain't going to pay $25,000.
Oh, no, that's my point.
They paid me $25,000 to walk the red carpet back then.
Come on, Tom.
You got to get better now.
No, no, no, no, come on.
I'm talking about when nobody knew who they were.
So think about 11, 12 years later how much they're making.
I mean, if Scott Disick spins at a Vegas club, it's a half million.
I tell you one thing about these guys, the Kardashians.
If they ever wrote a book on marketing, it will be a number one bestseller week after week after week because there's brilliance to the Kardashian last name.
To be able to stay relevant for 20 seasons, 14 years where people have interest watching you from all walks of life, from executives to the everyday people, and each of you have 100 million followers on Instagram building an empire together.
It's a lot of respect to them.
So here's the question for you.
The question becomes, who's the next family that people care about to replace the Kardashians?
The Trumps, yeah.
I mean, we already got that.
But who's going to keep the next story?
Here's the point.
Do they go recruit a family like that?
There's no way you can be as interesting as the Kardashians when you consider Bruce Jenner and the gender change for him.
When you consider that Robert Kardashian was involved in the OJ case, I mean, the sex tape for Kim, married to Kanye, running for president.
Who knows what she's doing next, wants to take on Martha Stewart.
I don't think there's any or any family that you can approach that could even remotely come close to this.
I think they have to somehow stay attached to the Kardashian Jenner brand.
Now, Kylie's too big.
Kendall's too big.
So I'm not sure what you do.
Maybe you go after Courtney's kids or something.
I'm not sure.
But there's no family that can even closely come to this.
And the thing to watch is, who's Ryan Secret going to go after?
If Ryan Secrets ordained somebody, it's going to happen.
But if not, if he's not involved, it won't.
You know, the big story, the most non-story that you hear from the, like, the women are killing it, obviously.
Kim, Courtney, Chloe, Chris, Kendall, Kylie, all the girls.
Let's take just a quick look at what's happened to all the men in that situation.
The father, dead, right, at age like 45.
How'd that happen?
That was cancer, though, right?
Okay, just saying he's dead.
He didn't need it.
The second father, well, now he's a mother, Bruce Jenner.
Okay.
Robert Kardashian, the son.
No one's seen this guy in years.
Years.
He married a stripper, had a kid with her.
Nowhere to be found, right?
Lamar Odom, full-on crackhead.
Rehab, nowhere to be found, right?
Out of the league, ruined his entire career.
Scott Disick, good-looking dude.
I partied with this guy many a times.
Rehab, now he's literally dating a 19-year-old girl with three kids.
He has three kids.
He was seen being with Courtney, by the way, just this last year.
He raising the kids.
Okay.
So who else you got there?
So you say.
Obviously, Kanye, who is certified nuts in a good way, because I think it does pre-Kardian.
Yes, but now it's been amplified.
So what other guys are there?
You're saying K for cursed, right?
For the menu.
And then my boy Chris with a K.
He got out, you know, made $60 million in the NBA.
You know, he got out sort of unscathed.
The rehab, not dead, not obese.
When they got a divorce, did he have to pay half his wealth to her or no?
She had to pay him.
She had more wealth than him.
She did pay him or no?
100 days, right?
Why?
He got her a big ring.
Yeah, believe me, if you know anything about that guy, he ain't dropping $2 million on a freaking ring.
It was sponsored by Sotheby's or Tiffany's or some fancy.
So what you're suggesting for everybody that's listening, I think what Adam is saying, if you get a chance to date one of them, think twice about another freaking way.
So Kim calls you tomorrow.
It didn't work out with Kanye.
She says, Adam, I had a think for you years ago.
I wouldn't mind you and I go.
We did kick it.
But if she calls you and she says, Adam, let's go out to dinner.
For tabloid purposes, sign me up.
For real life.
Why are you turning red, though?
Why are you seeing your face still?
Look at his face.
Because I'm texting her the right.
Look at his camera right now.
He's got a bad party story for us.
I've never seen him turn red.
Adam's turning red on the podcast.
I've never seen him.
Some boy in the house.
So you do have a thing for Kim.
So if Kim was cool, I have nothing bad to say about her.
To be honest.
If Kim, honestly, if Kim was single, if Kim was single and she sincerely liked you, you mean to tell me you wouldn't go on a serious, you wouldn't have, you wouldn't consider a serious relationship with Kim?
You say no.
He's holding out for him.
Hang on a second.
Tell us.
It's a sincere.
By the way, wait, you probably would not?
I mean, that's not, I mean, to be involved in that nonsense, I'm good.
Is the show still on the air?
Because if the show's still on the air.
No one's listening.
Just so you know, no one's listening, no one's watching.
But I'm asking you, if Kim had interest in Soyboy Adam Sausnick, a guy who's good in business, fun, hip, cool, trendy, takes care of his nails, very cleanly.
You get her into a couple clubs and salad.
Would you sincerely consider a relationship?
Sure, why not?
Oh, you would?
Sure, why not?
Okay, all right.
That's good to know.
So all the stuff you just said for others not to do, you listen.
Do as I say, not as I do, ladies and gentlemen.
Oh, we just learned a lot about ourselves.
You were going to drop that thing.
I was saying, no, no, no.
You kept asking the question.
Sure.
But I think the answer is.
I think the bigger question is: which of those girls would I actually date if given the opportunity?
Who would be?
For sure.
Kendall.
Really?
Yeah.
Why?
For sure.
Why?
She's number one, gorgeous, supermodel.
She's real, meaning Kylie's.
I mean, when I met Kylie, she was 15 years old.
I knew from the get-go.
I'm like, this girl is going to be a whole nonsensical.
Now she's 22 years old.
She's going to look like she's 40 in no time.
Lip implants, fake tits, just facelift.
A billion dollars.
Yeah, worth a bill.
I mean, Kendall's not doing so bad either, but Kendall's just naturally gorgeous, naturally.
Yeah, and she liked she, of all of them, she stays under the radar as much as she possibly.
I mean, I think she maybe tolerates privacy a little bit more than the others.
How many guys watching this can see Adam and Kim together, by the way?
If you can't see, comment below, let us know.
Can't you see Adam holding hands with us?
Let's text her right now.
Kim's got a kid, by the way.
Kim has got to see this.
Kim brings her four kids with.
Yeah, Kim's got to see this to just kind of get a lowdown on him.
Let's text her right now.
You got Kim's number right there.
Let's see if she responds.
All right, so here we go.
Let's call her.
You're not going to call her.
Can you leave your message for eight?
I'm blocked.
I'm blocked.
Okay.
All right.
She has a number from the valley.
We know that.
So, so, okay, so listen, that's, but 20, again, 20 seasons, 14 years old.
Kudos to the respect.
People are looking for angles on that tape right now.
Can they find the number?
A lot of respects.
They're sending it to the CIA.
Can you enhance this video of Adam's phone?
Aiken says, I'm telling Kanya right now that you have interest in his wife, but somebody said, yes, Adam would have a sex change right afterwards.
Hey, Pat, Pat, I mean, don't you, and Adam, this is for you too, but don't you think Kim wants to be taken serious now?
And she is the power, you know, maybe right next to Kim as far as who's going to say if we're going to be on that show right now.
But if she's evolving into something else, and maybe she thinks the e-show is a little nonsensical for her or a little beneath her at this point.
I don't know if it's beneath her.
I don't think they can afford them anymore.
I think he cannot afford them anymore because they're now at a point where the amount of money they're going to want to ask, they're going to want to own the show.
Like they may be going into the era of thinking like Harpo.
You know how Oprah went to Harpo and it's like, I'm going to do my own thing.
I don't know.
Executive producer.
I watch Kim.
I watch Kim in interviews.
And you can't teach that kind of swagger.
By the way, do you know Kim's birthday?
I do not.
Do you know when Kim's birthday is?
When is Kim's birthday?
I'm going to tell you right now.
I have a feeling you're going to tell us what her birthday is.
It's like a February 29th type of a deal?
No, no, no, no.
Here we go.
She's born on the same day as Donald Trump.
Christmas Day.
When's your birthday?
October 18th.
She's October 21st.
I'm not surprised.
That's why she's killing it.
1980.
The difference is my videotape never made out.
But when it does, when it does, the Greek God himself.
My videotape is still safe.
Okay.
All right.
So let's continue with this one here.
So happy birthday to Kim.
Early one.
Because I'm about to turn 42, by the way, a month from now.
I'm sitting there thinking moving forward.
I have to tell people I'm 42.
I'm still thinking.
I'm like 35.
How old are you?
3541.
Was 40.
Let me ask you.
With the number 40.
It did nothing for me.
40 did nothing.
Didn't affect you at all.
Nothing.
How about you?
It bothered me.
Just the thought of the number bothered me.
It really did for a little while.
I mean, not long term or anything, but then I was going, this really sucks.
I'm not really comfortable with 4-0.
Yeah.
No, you know, for me, it's if you, if the man upstairs keeps me healthy for eight years, we're going to do some crazy stuff.
That's all I can tell you.
Knock on wood.
That's the only caveat.
You keep us healthy.
Give us eight years.
History books are going to write about what we're going to be doing.
We're just getting warmed up.
So for me, I'm just learning how to do some of the things I want to do.
I'd like our audience to, A, write down their age.
I'd like to see the age of our audience.
So you're 25, you're 35, you're 40.
Who's listening?
Aiken said, I look older than 42.
Okay.
No.
I think you look exactly early 40s.
Oscar's also born on October 18th.
Well, Oscar, good for you.
Boxing cat is October 11th.
Write down your age.
And then also, if you can, comment if you think 40 is old, young, what it is now.
I'd like to get the audience to respect it.
Very young.
I don't know.
I don't know about 40 being old or young.
A lot of people are 43, 28, 32, 30.
I'm 35, excited to teach my 40s, reach my 40s.
Yeah, I don't know if it's.
What do we get?
Here, Adam, I have some advice for you if you want to stay young.
Sure.
Kids.
Kids when you're in your 40s, man, keeps you young.
I mean, it's an attitude.
I mean, if your kids are all grown, if you start having kids, you're going to have no choice.
Yeah.
It will.
Your kids are going to be in your 40s.
Yeah, of course.
By the way, Donald Trump was 59 in the interview with Larry King, and Larry King Gaskin says, any plans of having kids?
Yeah, sure.
I have a grandkid.
I have some kids.
He says, but you're 59.
Yeah.
And he says, look, when you have money, you know, you shouldn't hold back about having kids.
And then Letterman.
And Melania was with him, right?
Yeah, yeah.
And a letterman asked, he says, hey, congratulations.
You just had a grandkid.
Yeah, thank you.
Thank you.
You know, Ivanka just had another grandkid, her and Jared.
Congratulations to them.
This is 2013.
And he says, so, you know, how are you as a grandpa?
He said, well, they call me Papa and all this stuff.
He says, so how do you look at your kids?
You know, what do you like?
He says, well, you know, who are you going to give the empire to?
And he says, well, you know, I look at some of the kids.
I have a couple of them that are vicious and I feel good about them.
A couple of them are a little too nice.
If you can't be too nice, but a little too nice.
I'd take Eric.
He is like, he likes you to be a killer.
He wants you to be a killer.
And then he asks, he says, so do you spend time with your grandkids?
He says, look, in Larry King, he says, look, Melania knows I'm not changing diapers.
I'm not feeding the kids.
I'm not doing any of that stuff.
And quite frankly, I'm probably not going to be around with my kids.
But he says, I'm a good parent from 21 years old and up.
He says, that's when I show up.
He says, once you're 21, I got you, man.
You get out of school.
He says, up until 21.
By the way.
Not really.
At 21, I do my work.
This might be a perfect segue that we discussed this weekend.
Yeah.
Have you seen how tall Baron Trump is?
Yes.
This guy's 6'10.
Put the picture.
This guy is a 14-year-old.
My daughter is the exact same thing.
I'm gonna leave this picture, by the way.
I could not see that.
This poor guy is humongous.
He was born in April of 2006.
He's 14 years old.
He's 14 years old.
He's an NBA player.
No, at this point.
Go to that picture.
On the mouse.
Go to the RNC because that's when we got to see him in public and really how tall he was.
Right there, left.
I mean, he's taller than Donald.
Go to that one.
This is.
Oh, my.
Kai, go to the one that they're in front of the White House.
There you go.
Right there, Kai.
Hey, you're on it, Kai.
You were just on it.
Are you kidding me?
No, Pat, I spent a day with Melania one time.
She's 5'10, 5'11.
Right there.
Okay, there you go.
Kai, the one in front of the White House, buddy.
Holy.
I mean, Donald Trump is 6'2 ⁇ .
He's 6'3.
Wow.
That kid's at least 6'6.
That height is helped by Melania.
Oh, yeah, without that.
It's simple because she's 5'11.
So the other ones are shorter.
I don't know how tall Ivana is, and I don't know how tall.
Here's my prediction.
That kid is.
That kid in 14 years.
That kid in seven years is going to be a starting center for the Washington, D.C., what is it?
The Washington Wizards.
He's going to be wearing a Black Lives Matter shirt.
He's going to be playing in the NBA.
His father is going to be absolutely disgusted.
Let me tell you.
Baron in the bubble.
Baron in the bubble.
There it is.
Baron in the bubble.
I hate you, Dad.
You raised me the wrong way.
You never were there for me.
For whatever.
Maybe the NBA seven.
I don't see that happening.
Yeah, obviously.
For whatever.
I just don't see that happening with family.
So, Pat, when you mentioned that, you know, Donald says at the age of 21 is when I take over as a dad.
Yeah.
So now go back to one side.
So, in other words, when they come in for the job interview with him, he's interviewing for a job.
Tell me a little bit about yourself.
Look at the size of him here.
That's right.
I don't know nothing about my grandkids.
How tall is he, Pat?
Give it.
I mean, if Donald's 6'2, 6'3, how tall is that kid?
He's 6'5.
You know what?
He's 6'5.
I have the same jacket.
Yeah, that's right.
You guys have a similar jacket.
Zippers, except you are wearing a 14-year-old's jacket.
And by the way, look at his eyes.
He's got swagger.
He knows who he is.
Yeah.
He knows who he is.
You know, they're doing a good job of keeping him under the radar screen, and kudos to them for doing that at the age of 42.
Why do you say that?
Because when I saw everybody was astonished how tall he is, meaning we never see him.
So great job not having him out in public.
Yeah, I see what you're saying.
That's a good point.
I see what you're saying.
I'm sure that your son Tito is coming.
He's complaining that his knees were hurting the other day.
I'm growing.
I'm getting tall.
I remember when I grew nine inches in a year, man, my back and my knees were hurting nonstop.
This guy must have literally grown.
Did you learn?
I grew nine inches in one year.
Wow.
Yeah, nine inches in one year.
No, that's double the size of Mike Pennsylvania.
You don't busted that?
Anthony Davis for the Lakers.
That's why he was a point guard.
Yeah, he was a point guard.
From his sophomore to junior year in high school.
That video right there, Kai.
Oh, my.
Wow.
Kai, go up to the video right there.
Boom.
Hit that.
They both stand up at the same time.
Stand up, Mike.
You know, he's like, hey, what's up, Minnie Mike?
How's it feel to be a bit more damage?
Baron left the screen.
He was so tall.
His head is above the screen.
Are you kidding?
I can't get past the fact that Baron Pun is 6'6 at 14 years old.
He doesn't even fit in the picture when he stands up.
Okay, you're right.
He is 6'6.
Oh, my goodness.
He's tall.
It does matter.
The NBA, Baron Bull.
He's 6'6.
Yeah, I mean, by the way, I'm telling you, imagine if he plays for the MAVs and MAFs sign him, Cuban, signs Trump to play, and he comes in wearing a MAGA hat to the game, and they ban the hats.
Unbelievable.
Somebody asked a question the other day on Twitter from Cuban.
They said, hey, are NBA players allowed to wear MAGA hats?
And are they allowed to wear, you know, Make America again?
And the response, you should have seen it.
It was very interesting.
He says, well, we have cops that work here that are Trump supporters.
Cuban gave that answer.
But the reality is, I've not seen one NBA player wear a MAGA hat.
And you cannot tell me 100%.
Because they're afraid.
Fear.
There's no way in the world.
100% of all NBA players don't support Trump.
There's no way in the world.
I literally think they're saying that there's a few NBA players that do support Trump.
It's not even a few, but they're frightened if they do.
And there might be, I would say, 10%.
Well, and there's going to be some that would surprise you that support him.
I guarantee you.
They care about taxes.
Well, here's the other thing.
When they say, get out and vote, get out and vote.
What if you say, I'm going to go vote, not the way that you're encouraging me to?
By the way, Baron Davis or Baron Trump, if he did go to the NBA, he'd be taking a pay cut probably.
So maybe he might not do it.
Not only that, they'd probably take his knees out every single night.
He'd be like getting hurt.
Man, Morris would be going for his knees every single night.
He's going for people's knees.
It was just an accident.
By the way, shout out to Miami Heat, the only team that has advanced to the conference finals.
You know what?
I like them.
I like Butler, man.
How about Pat Riley?
It all starts with him.
Godfather, baby.
Respect to Butler.
You've got to respect Butler because Butler, when he left Minnesota and all the other teams, well, you know, it's, and now he's taking the heat to props to him.
He beat Giannis.
He beat Yannis.
He beat Giannis.
There's no question about it.
He beat Diannis.
Giannis lost some confidence after they lost the second game.
They should have won.
And they lost it.
I think after that, you could tell in his mannerisms there was something going on with his confidence.
Trivia question.
Yeah.
What movie was Jimmy Butler in?
A good one.
Office Christmas Party.
You ever see that?
He was in an office Christmas party.
Was he Jimmy Butler?
Yeah.
By the way, Jimmy Butler's got a sense of humor.
You know what is crazy about Jimmy Butler?
Jimmy Butler was raised without a father.
He lost his mom.
He was homeless in high school.
Okay.
Didn't get picked up by any team.
Okay.
Played for junior college.
Eventually plays for a decent college.
Market.
Is the last person drafted in the NBA draft.
Look on his shoulder.
Person.
Last.
He was Mr. Irrelevant of the NBA.
He is the Tom Brady guy that he was Tom Brady that was picked 199.
That's Jimmy Butler.
Get out of here.
I'm telling you.
Yeah, I didn't know that.
And Jimmy Butler took his game.
So I'm not a Jimmy Butler fan, but I respect anybody that comes with a chip like that.
And Pat Riley loves that.
And Miami's a perfect spot for him because, you know, lack of respect, he's going to thrive.
So let's talk about some of these billionaires that are struggling financially.
I think it's important for us to give them a little bit of love right now.
Tech stocks are taking a hit.
Apple, Amazon, Microsoft, Alphabet, and Facebook fell between 3.7% to 6.7% during regular trading hours at Sessions Law on Tuesday.
Facebook, Amazon, Apple, Tesla, Microsoft, Alphabet, and Netflix have collectively lost more than a trillion dollars in market capitalization since September 2nd.
Let me say that one more time.
Facebook, Amazon, Apple, Tesla, Microsoft, Alphabet, Netflix have collectively lost a trillion dollars of market cap since September 2nd.
Tesla stock drops.
The share price decline came after Elon Musk's company was excluded from the next round of additions to SP 500 last.
A key shareholders cut its stake.
Tesla stock plunged 21% on Tuesday, wiping $82 billion from the electric vehicle makers' market capitalization down to below $310 billion.
The company turned a fourth consecutive quarter profit in three months to June 30th, meeting the last benchmark eligibility criteria.
The committee may be wary of including Tesla given its volatile stock price, which had skyrocketed 400% this year and hit record highs.
Is there anything to worry about with this, or is it just a seasonal thing?
They're going to recover in no time and nothing's going to happen to them.
I think a correction was necessary, certainly in the NASDAQ for sure.
But attention to all my investing friends out there.
Hot tip: long-term investing, buy and hold, index investing.
Long-term investing, buy and hold, buy and hold, buy and hold.
Like the strategy works.
If you're doing day trading, like our Japanese friend who lost 40 million the other day, these are the types of swings that are going to make you panic and freak out, right?
So it's time for a correction.
The NASDAQ is above where it was pre-pandemic levels.
So was the SP.
But these are necessary things, the correction territory.
And I don't think unless you're day trading and you're like, oh my God, the stock then in and out.
For a long-term investor, this should not be panicking.
I heard a good quote.
The froth was blown off the market.
So maybe a little foam on top.
Like it makes sense.
You know, you look at Tesla's stock still at what, $330.
You know what it was at?
It's IPO.
In 2010, when they went public, if you bought stock, $17.
So you're still doing pretty good if you got in on that IPO.
Yeah, so that, and you look at, you know, when you talk about all these tech stocks, so Apple drops, what, 7%?
So that's about $70 billion maybe that they lost in market value.
That's probably more than 99% of all companies are worth, what they lost in one day, right?
Isn't it when you start talking about companies that are valued at over a trillion, it's mind-boggling to think just what that means.
It's staggering.
It's unbelievable, really.
$70 billion.
Elon Musk lost $16.3 billion in a week.
That could help him in his court case.
That's a lower settlement.
$16.3 billion he lost in a day is what he lost.
I think the biggest story here, I mean, look, correction territory.
The Dow, I mean, plummeted.
The SP plummeted.
This is in March.
The NASDAQ plummeted.
It's grew, grew, grew since then.
So I don't see anything.
Obviously, these massive numbers.
He lost $20 billion.
He lost this.
I don't think it's crazy.
The biggest story is that Tesla got left off the new SP 500.
And companies like Etsy and Teradyne and Catalan, companies I've never heard of.
I've heard of Etsy.
It's political.
We're left off.
Do you think it is political?
I don't know if it's political.
You know, but you look at the power of car companies, right?
And, you know, they're not happy about what he's taken out of their market.
So, yes, I believe, you know, absolutely lobbyists, I think they can get something like that done for sure.
Here's why I say yes.
Bernie Madoff used to be the head of NASDAQ.
So if that's possible, anything's possible.
That does make a point there.
But I mean, do you think amongst billionaires, Elon Musk is hated?
Do you think he's the guy that billionaires are kind of like, screw him?
You know, he's growing too fast.
He's making too much money.
Why would they hate him?
I think competition you're saying.
You ever seen a video between him and Jeff Bezos?
You ever seen these guys go at it or no?
No, against each other?
So you think it's personal?
What I'm asking, no, what I'm asking you right now is, in that league, okay, is there competition to the point where they're not liking this one guy coming up as quickly as he is?
Is there an element of it?
I'm not buying his cars.
It's been longer than 10 minutes.
10 minutes video.
I don't think so.
My first reaction is no.
I think they have to receive it.
Elamas completely destroys Jeff Bezos, a buck 23.
Right there.
Click on that and watch this.
Behind me is the world's first fully reusable rocket.
You've seen rockets lift off, but you've never seen one land before.
You can imagine that if planes were not reusable, very few people would fly.
You know, 747 is about $300 million.
You'd need two of them for a round trip.
And yet I don't think anyone here has paid half a billion dollars to fly.
It's like getting in your 747 and flying across the country and then throwing the 747 away.
You only use it one time.
Jeff who?
It will dramatically reduce the cost of space exploration.
Some estimate is a lot of money.
Maybe Bezos is using 100 scores.
So what does this mean for the future of space exploration that you pulled this off?
Well, what we've done is we've demonstrated that it's possible.
But he was also very quick to point out the difference between space and orbit, suggesting that perhaps what Blue Origin pulled off is somewhat easier.
Is he right about that?
No, he's not.
You know, what SpaceX is trying to do is actually very similar.
You're obviously a very competitive person.
You're competing with the likes of Jeff Bezos in Jeff Who?
It just shows he's got a personality.
And I think he took it personally because he's so invested in space travel.
They weren't comparing the monetary net worth.
No, I just wonder if there is this element of a new guy coming in where, you know, here's how I've studied competition.
I've been part of what it is to be an underdog.
And then you're coming up and knowing the guys that initially love you and then they notice, oh my gosh, this guy's going to crush us.
And then there's an element of animosity and hatred until there's acceptance.
It's like that one quote that goes, first they, what is it?
First they criticize you, then they demonize you.
Then it's self-evident.
Like there's a quote, just putting first and then put self-evident, the quote will come up.
The whole point is, originally, initially when you're coming out, it's kind of like, who the hell is this guy?
Just another guy that's going to come in.
You know, they talk so much crap about you, which they've done with Elon Musk.
And then when you're competing with them and they're still at the same level as you, this is when they start, you know, defamation of character.
This is when they come after you.
And then all of a sudden, 10 years later, they say, look, let's just face it, we're not in his league.
It's like that whole dream team game, the greatest Greatest game ever played that nobody ever saw in the Olympics Dream Team in 1992 when Magic Johnson's talking smack and all of a sudden and then Larry Burt says, Listen, he's the new chief.
Listen, relax.
This guy's better than us.
You have to accept that.
And I don't know if that's what's happening with them.
And politics behind closed doors is saying, let's not put them in SP yet.
They don't belong.
I think it only happens if they're directly competing against them in the same industry.
Like you see Bezos and Elon Musk.
Other than that, I think they're only worrying about what their money's doing that day.
Okay.
All right.
Well, fair enough.
So let's talk about a little bit of Buffett.
What is Buffett doing?
All these years he talks about he's not going to invest into technology.
And he's now, you know, you're constantly hearing about technology, technology, technology with him.
Buffett Berkshire Berkshire Hathaway is set to invest more than $550 million in Snowflake when it goes public.
According to the clout data group's amended S-1 filing, the billionaires investor company will buy approximately 3.1 million Class A shares in a private placement and purchase over another 4 million shares from former Snowflake CEO Robert Moglia.
This means Berkshire Hathaway would own 19% Salesforce's Strategic Ventures Arms.
I've also agreed to invest another $250 million.
Berkshire Hathaway, okay?
Warren Buffett.
We talked about this briefly yesterday.
How old is he?
He's 90.
And how old is Munger?
96.
96 and 90.
How much of the decisions I think you asked yesterday is Buffett making, and how much of the decision is someone else making?
Or have they come to a realization that, look, we have to start investing into technology.
We can't constantly avoid technology anymore.
What are your thoughts on that?
My thoughts are: I equate it to, okay, Bill Belichick is the greatest at what he does.
If Bill Belichick is still a head coach at 91, I think he's lost a step.
I don't think he can call the same defenses, come up with the same game plan.
I just think Warren Buffett has such a legacy.
Doesn't he expose himself to some bad decisions now if he's actually making the calls himself and tarnishing that a little bit at the age of 91?
How can he do what he does best at the same level as he did 20, 30 years ago?
I think he's facing an opportunity here to do some damage if he's making these decisions.
So my guess is he's not making the decisions.
You don't think he's making the decision?
Not at the age of 91.
I just don't think you could be sharp enough to be doing it.
Listen, this is ageism right here.
He is 90, not 91.
Come on, Tom.
I thought he was 91.
Okay, maybe he's 90.
No.
No, it's funny.
We talk about.
90, my bad.
No, it's all good.
He just turned 90.
Okay.
Two weeks ago.
We talk about Biden being old.
He's 75, 76.
We talk about Trump being old.
He's 72, 73.
Freaking 90 years old, Warren Buffett.
96, Charlie Munger.
But number one, I do think he's still pretty sharp, and I do think he's making some of the calls, not all of them.
I went and found out who his next in line are.
You got Greg Abel, who is the essentially VP or co-chairman or executive chairman.
He's age 56.
Mark Hamburg, CFO, 69.
Ajit Jain, 67.
So he's got a young, younger bench in their 50s and 60s who are likely kind of doing a little more of the heavy lifting and saying, hey, I mean, think about it.
Warren Buffett and these guys, they were investing in McDonald's, Coca-Cola, Dairy Queen, insurance companies.
Some of these younger guys in their 50s, 60s are probably saying, look, we might need to start considering tech.
We might need to start looking into a little bit of gold a little bit.
So I think Buffett's still kind of, you know, steering the ship.
But some of these younger guys are probably coming in being like, you're freaking 90, Warren.
Like, let us help out a little bit.
What do you think?
If you watch him at his shareholder meeting, the guy is still sharp at 90 years old.
And by the way, don't forget a few things here.
This is what we're forgetting.
You made a very good point about Biden and Trump where they're at right now.
Keep in mind that medicine's gotten better.
If you have money, you have the best doctors.
You can pretty much keep all your data with your health and where you're at.
And you can have somebody full-time to pay a doctor $500,000 a year that's just working full-time for you to make sure your health is good.
When you were $90 billion, what the hell is let me hire the best doctor?
He's got one patient, and it's me.
You have one job is to make sure I live as long as, and I'll give you a bonus for every year I live longer.
That's what you do when you have that kind of money.
But at the same time, Kirk Kikorian, think about Kirk Kikorian, okay?
Here's a legendary business guy.
We had a call yesterday with one of his right-hand guys, Amari, had a call with Eric, one of the producers of the movie The Promise, which talks about the Armenian genocide.
And Eric saw my interview with Aram Hamparian when we talked about the challenges Armenia is having with Azerbaijan.
And then he saw me mentioning Kirk Kikorian that gave a billion dollars to Armenia.
That's what he did.
Kirk Kikorian died at 98.
You know what his people say about him, about Kirk Kikorian?
He was still doing deals before he died at 98.
Think about that.
Because here's, when they asked Trump yesterday, Trump, he says, Larry King says, so how are you going to have, are you okay?
He asks Melania, are you okay with him not being around all the time?
With him working all the time?
Like, you know, he's not going to be there for dinner all the time.
She says, I'm not here to change him.
I know who I married.
I accept him for who he is.
I'm going to stop him from working.
I know who he is.
I'm very comfortable with the man I married.
So he is lucky because he married right.
He's not lucky.
He married right.
He married somebody that accepted who he was and who he is and not try to change him.
Okay.
And they seem very happy.
But on the other side that you got to look at is he says, listen, man, I don't work.
I love doing deals.
I love doing real estate.
I love making deals.
He says, I love making deals.
I love making deals.
Buffett, Munger, Kirk, Trump.
These guys are playing a game.
They're not doing anything but playing a game.
And the moment they stopped playing, I was at Ronald Reagan Hospital in LA with Dudley the day John Wooden died.
Okay.
I was at the hospital.
I was downstairs.
I was sitting down with him.
Him and I had lunch together at the hospital.
And while we're at the hospital, he was their family's pastor, the last pastor.
You kept seeing all these old UCLA players and Laker play and all these players that would show up.
Kareem showed up.
Everybody was showing up.
A lot of people play for John Wooden.
Did he make it to 80, 90?
He died at 99.
I want to see if I'm wrong about that.
I think he died at 99 years old, John Wooden.
And I'm sitting there saying, how is this guy making it so far?
Is it 99 or 98?
I may be off.
He died at UCLA.
99, wow.
99 years old.
Okay, there you go.
So I was right.
I was there the day he died, by the way.
I was at the hospital the day he died, June 4th, 2010.
So I ask, 99 years?
When you look at the game you're playing and you love it and you love people and you love advancement, improvement, you have a reason to live.
So do I think Buffett and Munger are sitting there kind of saying, well, you know, we're still playing the game.
They're excited about it.
But I think the real question is the following question.
This is the part that I'd love to see him talk more about.
Is when you're 90, you've been your way for a long time.
And a lot of people have tried to give you advice who were wrong.
And you stuck to your advice and you've been right more than wrong against people's advice.
So when you said you're not going to mess in technology and people said, oh, he's wrong, and the 1999 tech bus boom took place, the bubble, he was right.
But is he at a phase right now where he's saying, look, I may have been right then, but I have to make adjustments now and pivot.
If a 90-year-old man who's been right most of the time when it comes down to investments can say something like that, I think a lot of the younger investors can learn a lot from him to say, sometimes you got to pivot, sometimes you got to adjust to see what's going on.
That's why I'm curious to know they're investing more into these types of things than they have in the past before.
Well, and here's the other question: at the age of 90, he's involved at some level and probably at a big level.
But if something doesn't go right and he wasn't involved, he's going to be the one that's going to take the fall for it because nobody knows who his lieutenants are anyway.
So he's almost like a marketing director at this point, too, because he's a brand and his brand is synonymous with winning investments.
If that were to be tarnished at all at the age of 90, it could hurt him.
Yeah, every year I hold a meeting where I bring all my top insurance carriers and I put them at a Crescent Hotel in Dallas, which, if you've never seen the Crescent property, it's a beautiful property.
And we take them out to Capital Grill the night before.
We spoil them.
Typically, these insurance companies spoil you, but we spoil them.
And then the next day when we start the meeting, I go through all the good, bad, ugly.
I start off with all the mistakes that we made that year, everything that we talk about.
Three years ago, one of the gifts I gave to all my attendees was a yellow book by Buffett.
That's like 300 pages long.
I don't know if you've seen this or not.
It's every letter he's ever written to shareholders.
If you've never seen once a year, he'll do a letter.
It's put Amazon Buffett shareholder book.
Just type in Amazon Buffett shareholder book.
Let's see if it comes up.
That's the one right there.
Okay.
It doesn't have a lot of reviews.
But if you want to see this guy's writing, it's from 1965 to 2014.
Every single letter to shareholders is in there.
If you've never bought this and you're watching this, I don't make a penny off of this.
I highly recommend you buy this and go through some of the ways he communicates with his following.
You know, go through some of the ways he communicates with his investors and his buyers.
You know, it's a very interesting perspective.
I think 20 years from now, 30 years from now, we're going to talk about Buffett in a way of Einstein.
We talk about Einstein today.
Einstein didn't die 300 years ago.
Einstein died just a few decades ago.
Buffett's going to go in the history books as a mind that many people are going to copy.
And he's seen as the Michael Jordan of his industry, if you really think about it.
You know, he's seen as that in his industry.
So a couple quick points just on Buffett.
Go for it while we're on this.
Number one, the majority of his money he made after age 60.
Let me say that again.
He was worth 50 million at 52.
Okay.
So now he's worth 80 billion.
Yep.
So we talked initially this conversation started with, you know, he's 90 years old.
How much is he still doing?
Like, and then we talked about, you know, so I come from the life insurance settlement industry, which the key X factor is longevity.
I know about longevity, the risk markets.
And you talked about, you know, if you're 90 years old, you have a if you're wealthy, you have a full-time person on staff whose job is just to keep Warren alive, healthy, doing his thing.
So what's my point to all our young entrepreneurs out there who are just starting their grind or 30 years old, maybe they're 40 years old and they haven't quote unquote made it yet.
Use Warren as an example.
He didn't make his billions until age 60.
There's a good chance if you're out there and if you're in your 30s and 40s and you're still hustling, you're on your grind, you're going to live to 80.
You're going to live to 90.
No problem.
So the grind keeps going.
And if you love what you do, you'll work until your 90s, no problem.
Is that your first point?
What's your second point?
You said a couple points.
I think that was all of them.
That was two points and one point.
We like that.
Very good point.
Yes, you're right.
I think at 50 some years old, he was worth okay.
So that's the number.
He was worth 67 at 47, and now he's worth $80 billion.
The story of compound insurance.
The hustle doesn't stop, is my point.
Buy and hold.
So last but not least, I say we finish with this story here.
Mulan boycotting.
Okay, Mulan boycotting, the movie that came out.
Mario went and watched it, and he said it's a phenomenal movie.
I know Mario's sitting there right now saying, Don't watch it.
Mario came insane.
He claimed he didn't watch it.
He claimed he didn't watch it.
He's like, I've never watched that.
But he watched it.
He watched it twice.
He said it was insane.
So he loved it.
He loved the movie.
It says the movie was partially filed in China.
Filmed.
This is the same, if I'm sorry, filmed in China.
This is the same region where there have been many human rights abuse against millions of members of ethnic Muslim minority groups.
Main actor, Liu Yeffi Mulan, voiced support for Hong Kong police and the Chinese military government.
Police has been using violent force against the Hong Kong protesters.
It is suspected that she is forced to back China's public policies where they free will or propaganda statements, okay?
Film actors and studio like Jackie Chan are forced to promote pro-CCP values.
This also creates issues for Disney.
The El Dorado, this also creates issues for Disney.
So you're hearing some of the stuff that's going on with these guys that you're making movies, yet you're coming out saying things about China.
You got to be careful about what you're saying.
Now, they're saying to boycott the movie.
Are you following the story, Adam, at all?
What's going on?
Are you following any of this stuff going on?
I'm following the bigger story here, not so much the Mulan thing.
What's the bigger story?
The bigger story is that in China, which is a obviously communist country, there's major human right violations.
Major, major.
And the center of that is in the western region of China, which closely borders Pakistan and India.
And, you know, there's Bangladesh, Turkestan, or Tajikistan.
There's a lot of Muslims in that area.
And they call it Uyghur Muslims, spelt, I think, with a U, anyway.
And they're full-on set up labor camps, concentration camps, where these people are forced to work.
Ironically, what they're saying is if you follow the trail of this work, these people are forced into labor camps and they've been making the face masks that we've been wearing here in the United States.
So the bigger story here is that China is just continually violating human rights and these Uyghur Muslims.
And then an offset of that is this little story with Mulan and whatever they got going on.
It seems like a very China thing to do, to make an actress that's going to star in the number one Disney movie when they don't even have theaters open.
So you know how big this thing is going to be to make her force her to have these statements.
100%, I believe, she was forced to.
What would she benefit for commenting about the Hong Kong police, right?
So absolutely, China put her up to this.
It makes it difficult.
It's already a horrible year for Disney if you think about it.
You know how much money they're losing on their theme parks?
30 million a day.
A day.
30 million a day.
And this, you know, this, if you indirectly support China, which kind of Disney does because they own ESPN, which televises the NBA, I mean, and it's a slippery slope.
When you go after the general manager of the Houston Rockets for supporting the people of Hong Kong, right?
And you attack him, you know, personally and almost cost him to lose his job, you're on a very, very slippery slope.
And I just go back to this 100% that she was forced to make those statements.
But it's just making for a more trying year for Disney and questions they have to answer that they never thought they'd have to.
Because they thought this was going to be the feel-good story, the Mulan movie.
But I'm going to give you a completely different perspective here.
So yesterday when I'm talking to Yuna Li, and she was 24 years old when she left South Korea to come to the States, she wanted to go into film.
I said, why'd you want to go into film?
She says, because I thought the biggest impact I could make in the world is through film.
I was going to make film and tell stories, right?
And this is how it's going to make impact, because a lot of times we are inspired by movies we watch.
I grew up watching cartoons in South Korea about North Korea, and we saw them as all red pigs and all this other stuff.
It influenced me as a kid.
I said, okay.
So she comes to the States, goes eventually and gets her degree from Columbia University, which is one of the best schools out there for journalism and that field that she was going into.
I agree with her that one of the biggest ways to change people's thinking is through movies and film, okay?
When you think about Titanic, now obviously we had this conversation briefly yesterday together.
When you think about Titanic, Louise, who do you think about?
When you think about Titanic, what do you think about?
You think about who?
Leo DiCaprio.
What do you think about when you think about the movie Titanic?
You've never seen Titanic.
Okay.
So what do you think about when you think about the movie Titanic?
I haven't watched it, but I also heard when you said yes.
Okay, so Titanic, when you think about it, most people think about, you know, king of the world.
Yeah.
Oh, my gosh.
I think of Celine De Young.
Yeah, a great love story and all this other stuff they got between the two of them.
Okay, great.
You know, the original Titanic wasn't starring, you know, DiCaprio and all that.
The original Titanic, the director and the producers and the funders of the original Titanic was Hitler's Nazi regime.
They produced the other Titanic.
And by the way, the director of Titanic, when it first came out in 1943, started speaking out against the Nazi regime.
You know what happened to the guy?
He got fired by who?
Hitler.
Hitler was involved in the story of the Titanic.
Sure, he was more than fired.
Do you even know?
Well, fired's got different definitions behind that.
But do you know, do you know who was the hero in the original Titanic?
Probably some sort of Nazi soldier was the hero in the original.
Exactly.
What is the moral of the story?
What I'm telling you right now is China.
What's going on on freaking?
China is realizing the way you impact the world on how they view China is through movies and cartoons.
And they are brilliant.
They are so brilliant.
And you got to watch them very, very closely because there are so many subliminal messages that you are not going to catch.
So yes.
So are you saying they're like a big investor in Disney so they can have some controls?
100%.
I'm not even putting it 90%.
100%.
Why?
Because China doesn't have the best reputation around the world.
So where do you start?
You have to start either through movies or music.
Okay, you can't really do music right now, okay, because music is a complete different game.
You can do movies and cartoons.
And what's the best age you can start controlling people's minds?
Kids, not older.
Let me go and do that with cartoons.
So yes, I do believe China's playing a card like that.
And, you know, with a lot of these cartoons and things that are taking place, you got to be very careful.
My kids were watching cartoons, and I'm like, babe, what the hell was that right there?
She says, what do you mean?
I said, okay, guys, get out of here.
Go to the other room real quick.
I want you to watch this real quick, babe.
Watch this.
What does that look like to you?
She says, babe, that's crazy.
I said, why the hell are they putting this on Netflix?
I'm not okay with this.
Cartoons that have subliminal messages that you and I would catch.
What was it?
I'm not going to talk about it, but you would catch it.
You're like, what the hell is this all about?
So the point is, you got to be kind of involved nowadays because if you don't, it's not even about sex and, you know, homosexual and all this other stuff.
The concern isn't even about that.
It's about who's the hero.
Who's the hero?
Who's the hero?
You got to watch it very, very closely.
And you're seeing that happen with movies right now where a lot of the biggest Hollywood stars, you tell a Hollywood star, I'm going to give you $40 million for a movie, they'll do anything for you.
You're going to give me $40 million?
Absolutely.
And we're going to make you a hero with 1.5 billion viewers.
All we want you to say is nothing bad about China.
Oh, dude, don't worry about it.
I'm good.
Give me the 40 million.
Simple.
Here you go.
Sign a contract.
Just say good things about us and say, most people don't understand their way of living.
Have to understand who.
If you've never lived there, you have to understand them.
We have to understand it.
We have to understand them.
You know, what you have to understand is they're driven by power, and they have a vision made in 2025, made in China 2025, and they're pretty serious about it.
What do you think is the end game for them?
Do they want to rule the world?
They want power like you don't.
They want to impose their way of thinking on the world.
At what point does it turn into military conflict?
Do you think?
Is that part of their plan, too?
Well, they're not a military, although they're investing.
Obviously, they double the nukes and all that other stuff that they're doing.
They have to get stronger on the military side.
But their game is a different game.
And they kind of gave us a flavor with the last five, six months, what happened in March when we had a shutdown here.
Yeah, I mean, people are one day when we watch this and things come out, like, you know, you watch the movie Argo and CIA cannot reveal all the stories for 30 years.
That's a number you always hear about.
30 years, you can't know the real truth.
Well, when you find out 30 years later, you don't emotionally care about it as much as you do in the moment.
But when 30 years from now, we find out what really happened right now, because someone's going to come out.
And you can't treat the people of China the way you are right now for too long.
Social media is not helping these guys out.
And these sanctions, these things that are going on right now, if this guy gets re-elected, Trump gets re-elected, China is hating life if Trump gets re-elected.
Trump gets re-elected.
Iran's hating life.
China's hating life.
And North Korea is hating life because North Korea is backing this China.
So, you know, China gradually, the way they're doing it is they're going through regions that need money and countries that need money and they're giving it to them.
And their last enemy they face is who?
America.
It's going to be the last one.
You don't put America.
Patience.
And they're long-term thinkers.
They go one by one by one by one by one.
And it's okay.
Now that we have more than 50% of the world that is on our side, now you better listen to us.
Here's what we expect.
We want you to add this into your education.
We want you to add this into your history books.
We want you to replace Spanish with Chinese.
We want you to replace language with this.
We have to be very, very careful with what kind of influence these guys want to have because once they control media and TV and movies, you're kind of in trouble if that takes place.
And especially if you're starting with the biggest movie that comes out.
Yes, especially if you're a star, you know, coming out with the biggest movie that Mario loved and has watched three times in the first week.
Shout out to Mario.
I know he's listening to this here.
Mario's a big fan of cartoons.
He loves cartoons and romance.
Like every time when you're in Mario's office, Mario's always got a romance novel next to him.
I think he's read 50 Shades of Great at least three or four times.
Didn't he write a paper about it on 50 Shades of Gray and submitted it for a review?
He's got the longest Amazon review on 50 Shades of Gray.
He's a sensitive soul, though.
Very.
He's got that side to him.
He's got that side to him.
So anyways, gang, this is officially our ninth episode.
This is officially our ninth episode.
I have a long list of friends that I can't bring on Valutain interviews, but I can finally bring on Vali Tayman podcast.
So you're going to see a lot of my friends from different backgrounds over the next few months that are going to be coming onto this podcast with us here as we're bringing different folks.
But I've really enjoyed the last episode with Tom as well.
We're doing this again.
Is it Friday, 8 a.m.?
We're doing it again Friday at 8 a.m.
It's scheduled that we will do this again this Friday, 8 a.m.
If you haven't yet subscribed, we cracked 2,000, all because of all of you out there.
If you haven't put a thumbs up yet and subscribe and click the alert button, please do so.
Put that thumbs up, subscribe to the channel, click the alert button.
And if you've not yet watched or read that article with Jared Kushner Time Magazine, we have that in the comment section.
