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The Patrick Bet-David Show Podcast Episode 27 with guests Tom Zenner and Adam Sosnick. Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N
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And by the way, if you just joined us right now and we're talking, I just found out that Adam's a diehard Dolly Parton fan.
So if you ever thought he was a soy boy, he's definitely not a soy boy.
How'd you feel about everybody missing you by the way?
For like a couple of years.
I appreciate the love.
It was nothing but love in the comment section.
It was really love.
There was some love and there was some extra love, if you know what I mean.
Thank you for not firing me, according to everyone here.
I want to come to some of these people's jobs and be like, fire Bill right now.
Get him out of here.
Show up at his job.
But Dolly Parton, she's got a great singing.
Sing it Jolene.
Jolene, Jolene, Jolene.
How can you not love Dolly?
I bet Gavin Newsom doesn't love her, though.
Tommy, you were just hating on her.
I love.
Hating on Dolly?
You said she looked rough in 1980.
Oh, that was a comment on the Playboy cover.
Pull it up.
Kai, can you pull up the Playboy cover that Tom didn't like?
Can you pull it up?
I think it's important.
Quite the phrase when you're talking about the Playboy cover.
Yeah, pull that.
Did either one of you guys subscribe to Playboy before or no?
You know, I did.
I did.
Would you honestly?
Yes or no?
Would I?
No, were you a subscriber?
Yeah, at one point, yeah.
I was too.
Yeah, in the 90s, there's nothing wrong with that.
What's wrong with this cover, by the way?
I scanned it yesterday and I think the hair threw me.
Threw you off.
Threw me off.
Everyone's hair looked in the 70s, did it not?
But what's crazy is, isn't it crazy that after she gave the million dollars, the whole conversation about Dolly Parton, she gives the million dollars to Moderna.
Yes, correct.
And then next thing you know, Playboy comes back saying, I know you're about to turn 75.
Are you willing to do another cover?
They offered it to her.
They offered it to her to be on the cover of Playboy magazine.
You know what's brilliant?
We've been talking about Playboy, how they're trying to reboot themselves, but that's some smart PR marketing right there.
They capitalized at the right time.
And by the way, Playboy right now is for sale.
I don't know if you guys know or not.
They're for sale.
They're wanting someone to buy them.
And I think the right person needs to buy.
We've talked about this before already.
But anyways, let's get right into the podcast.
Let's do it.
You doing okay?
Have you been okay?
You're doing fine.
Yes, everything's great.
Good to be back.
Good to see everybody.
Yes.
I got to tell you, for all the people out there, we got some hilarious people in the comment section.
They're like, man, Adam looks rough today when Steve shot.
He's like, Adam aged for 30 years.
I said, yeah, man.
It was a rough.
By the way, why don't we start off by giving you some?
If you sincerely miss Adam, press thumbs up.
If you seriously don't miss him at all, put thumbs down.
We're going to cancel the show.
It's over.
It's over.
Can his psyche handle this?
It's over.
I'm good.
Fixed.
If there's anybody that's going to do fine, Adam's going to be fine.
Okay, we got a lot of things to cover today.
10,000 thumbs up.
Thanks, everybody.
We got 10,000 thumbs up.
Shut down.
I love you guys.
I love you guys.
We got a lot of things to cover.
Mario's in the house.
Mario, how are you?
Mario got a brand new car.
He got a brand new Dodge Challenger, ridiculous red with black wheels that he's six speeding tickets already.
But aside from that, it's a very nice car.
Okay, so here's the topics we got.
The topics we got, the topics we got today.
Amazon enters the healthcare industry and puts it on notice with its latest push into pharmacy.
Okay, that's going to be pretty intense.
We got a lot to talk about there.
Apple slashes App Store fees for smaller developers, which is insane.
Insane to think about what they're doing.
That's very important to think about because a lot of people are worried about anything you buy on Apple, anything you buy on Apple from the app, any app on App Store that you buy a product, they keep 30%.
They slashed it to 15%, which is a big deal.
We'll talk about that.
Elon Musk is now the third richest man in the world.
He's made a lot of money.
I'm sure Adam's going to give us an update about how much money he's made this year alone.
Ridiculous.
It is ridiculous.
Kai added this story in here for whatever reason, but we'll just announce it.
Norwegian files, airlines, files for bankruptcy.
He was heartbroken.
No, that's right.
So we're going to talk about that.
We're going to talk about that.
Tom Zinger.
Home Depot and Lowe's are standout winners of the pandemic.
We'll tell you why.
And the COVID economy laid off employees are becoming entrepreneurs.
We'll talk about that as well.
Airbnb goes IPO.
Walmart beats analyst expectations as online orders surges.
79% revenues jump to $134 billion in a quarter.
Bitcoin approaches all-time high.
Elon Musk is joining the SP 500.
Then you have politicians.
We got to talk about Governor Newsom, what he did recently on the hot city coming out.
He had to apologize.
And then yesterday, did you see what happened with Como yesterday in New York with the whole obnoxious question?
Did you see that one or no?
Did you actually see that?
The channel El Pasino?
Yeah, we'll show that as well, where he's just kind of like, what an obnoxious question to ask with this.
And anyways, we'll cover that.
And then de Blasio came out a couple seconds later and defended him or no?
No, no, and basically gave the stay-at-home orders.
Like everybody's staying home.
Yeah, we'll talk about that.
That's pathetic what's going on in those two states.
I mean, you got to love those two states.
Florida and Texas are loving those two states, or maybe not.
A lot of people in Florida and Texas are worried about the politics most people because people are coming in.
Trump pulls troops from Afghanistan.
Adam's very much of a fan of that.
Trump was supposed to go after nuclear sites.
We'll talk about that.
Nancy Pelosi policing with house stamps.
We've talked about that already.
Moderna with an efficacy of 94.5%.
And then Pfizer comes out a week later saying, oh, we're not at 90%.
We're at 95%.
I'm curious to know what you guys think about that.
Bezos gives $800 million donations to climate change.
We just talked about Dolly Parton.
And we have to cover the James Harden story.
Why these guys want to be traded?
We just have to cover the James Harden story.
But why don't we start off with Apple/slashes App Store fees for smaller developers?
Sure.
Tech Giant cuts its take from 30% to 15% for some app makers in a wake of criticism over its power in the Apple device ecosystem.
Starting next year, the iPhone maker said Wednesday it will collect 15% rather than 30% app store sales from companies that generate no more than $1 million in revenue through the software platform, including in-app purchases.
The field will remain 30% for developers whose sales through the app stores, excluding commissions payments exceed $1 million.
So this is for folks that are below a million, meaning the reduction won't affect such vocal Apple opponents as video game company Epic Games aka Fortnite, right?
Which we talked about that before.
Apple's 30% takes has been at the heart of complaints this year from other tech companies and some other users over how it manages the vast digital world of people who uses the iPhone, iPads.
Pretty much they're a monopoly there with this world.
But what are your thoughts about what Apple's doing with going from 30 to 15?
This is something that we covered a few months ago when Fortnite came out with that, not Fortnite, Epic Games, the owner of Fortnite, came out with that sick commercial.
Kai, I don't know if you want to pull that up, where they basically used Apple's infamous commercial from 1984.
Sick commercial.
Sick commercial.
To take a shot at him.
Took a ridiculous shot at him.
Basically, put this whole story on the map.
I mean, we weren't talking about this story prior to that.
They put this story on the map.
Now, since then, we've seen Tim Apple, aka Tim Cook, have to show up in front of Congress, as well as Jack Dorsey and Mark Zuckerberg, and essentially big tech in Congress.
And now, basically, what Apple did was say, you know what?
Here's the commercial.
And then the guy throws the unicorn-shaped Fortnite at Apple.
Yeah, it's a brilliant move that they made.
Essentially, what they've been accused of is the big app store monopoly, right?
So they're monopolizing these developers that are coming on the website or on the app store.
Now, obviously, there's been big tech regulation.
We've seen this happen to everyone in Congress.
But what I think they've done is essentially.
Let me read this for viewers that haven't seen this.
Epic Games has defied the App Store monopoly.
In retaliation, Apple is blocking Fortnite from a billion devices, joined the fight to stop 2020 from becoming 1984.
Very phenomenal.
Are they still not on the App Store?
They're still not on the App Store.
Wow.
Okay.
Yeah, they're still not on the App Store.
Clearly a sick commercial.
Clearly spawned just everyone being like, all right, what the hell is going on here?
So what I think Apple did here was sort of say, all right, we're getting a lot of hate.
We're getting a lot of haters out there.
So let's self-regulate before Congress or anyone steps in.
So I've got some numbers for you.
So in 2019, worldwide commerce, worldwide commerce, Apple generated $519 billion.
85% of that went to third parties, right?
So they generated $54 billion in revenue.
What I thought was interesting is the number here is $1 million.
So if you make less than $1 million in revenue, they charge you 15% if you make more than a million.
Do you know what percentage of apps on the App Store generate more than $1 million?
What percentage?
Yes.
I'd say 90%.
Yeah, a high, high percentage.
Okay.
0.2%.
Wait, ask the question.
What percentage of apps on the app store generate more than $1 million?
What percentage generates more than a million dollars?
There's only 0.2%.
That's what percentage of apps?
Yes.
The question is, what percentage of revenues comes to them from those who are less than a million dollars?
That's the real question.
Because there's a lot of ghetto apps.
There you go.
92%.
Here's the number, exactly.
92% of Apple's revenue comes from these companies that make more than a million dollars.
0.2%, not 2%, 0.2% comes from apps that generate more than a million dollars.
There's 1.8 million apps on the app store.
And a small, small, small percentage of it is essentially generating more than a million dollars.
That's all that's all it is.
So basically, the big dogs are making all the money, the big dogs, they're going to continue to pay 15%.
They're not affected.
They're going to have to pay $10.
They're going to be fine.
And then all the small little apps, which is essentially 1.7999 of the 1.8 million apps, are going to pay 15%.
You got something on your own.
Here's what it is.
It's a slum lord.
Good data right there, by the way.
It's a slumlord lowering rent on low-income housing.
That's all it is.
He's not touching the rent on the penthouse.
Why do you have to?
You don't have to.
Right.
Three things that Apple isn't known for.
Being charitable, being stupid, and losing money.
Okay, so clearly, this is a PR move.
This is all it is.
Because the average person is going to think, oh, wow, Apple's thinking about me, the little guy, but it's a math problem.
That's all it is.
Nothing's changed as far as their revenue.
Let me tell you what my concern is.
I'm going to tell you what my concern is.
Here's what my biggest concern is.
I'm being very sincere about this.
Everybody knows I'm an Apple guy.
Okay.
We got it in Apple yesterday, right?
Everything to us is Apple.
We love Apple.
There's Apple there.
There's Apple here.
There's Apple here.
This isn't an Apple commercial, though.
No, no, this is not an Apple commercial.
What I'm trying to say is I'm a pro-Apple guy, but I'm going to tell you what scares the hell out of me with this.
So think about what Twitter and Facebook.
So Twitter, perfect example with Twitter.
We haven't even talked about this, by the way.
It's not even on the story.
I don't know why we didn't add it to the story.
Jack Dorsey comes out and says, what?
We made a mistake.
We should have let that story go.
Well, they knew if they would have posted, allowed that story to go.
That would have gotten a few hundred million views that day, right?
If they would have let that story go.
But now he says, what?
I apologize.
We did the wrong thing.
A week after election.
Okay.
A week after election, he says that.
The power these big corporations are starting to have is a little too much.
A little too much.
And I'm all capitalism.
But watch what happens here.
Here's my biggest concern.
Apple comes out with the iPhone 12, right?
I got it.
It's the 512.
I'm going to give away nine of these right now.
I got it.
That's it.
It's the brand news.
Looking at it right now.
This is the brand new one.
Let me get a look here.
Let me get a look here.
Well, you got to take it out to see what it looks like with the new iPhone.
Take the thing out just to kind of see what they did to the body because that's what the difference is.
Okay, if you take this out, if I can take it out, I've been got to hit the weights a little bit more lately, Landis.
So they went back to the old.
They'll have an earphone.
But look at what it is, is the round thing is gone.
And, you know, by the way, it still breaks.
Paul bought it the next day he broke it.
So it still breaks.
So if you drop it, you're still going to break it.
Shout out to Paula Scarcega for breaking his new iPhone.
Nice point.
But the point with this is, my concern is, where's BlackBerry?
Where's Droid?
Where's the Google phone?
There is no competition.
Look what's happened here.
If I wanted, I'm like, hey, can you get your phone?
I'm going to do an airdrop.
Oh, Android.
Bro, can you get on iPhone?
You have to get on iPhone.
I can't do airdrop to you.
I send a text.
I put a thumbs up on it.
You ever done a thumbs up for somebody that has Droid?
It comes to accident message wasn't received.
Why not?
That happens to Eric all the time.
That's one new message.
It comes up green.
You know, they don't throw up every time you text them.
You want to FaceTime a Droid.
You can't do it.
You want to do an iTunes download.
You can't do it.
You want to go to a movie.
You do Shazam.
Shazam takes you to iTunes.
Everything goes to all roads lead to Apple, which is absolutely scary because if Apple doesn't like you and they decide to take a Fortnite out, they can afford to do that.
And there's nothing you can say about it.
Why?
Because it's in a place like this where capitalism needs some work.
Meaning, Apple's getting to the point of monopoly.
Apple's getting to the point of control.
And this is where somebody's got to get involved because there is no choices.
So they can do anything they want to do today.
They can get away with murder today if they wanted to, because we don't have that many choices.
So my biggest concern isn't the fact that they're saying, you know, good for them.
It's like being progressive tax is what they're doing.
The more money you make, the more taxes you pay.
So they just came out with a new progressive tax to say the smaller earners pay less taxes.
And quite frankly, if you're making a million, say you're doing $900,000 in apps.
You were paying 30%, which is what?
$270.
Now you're going to pay 15%, which is what?
$135.
That additional $135 goes to you.
What does that $135 pay you?
Either three employees or an additional $135 in your pocket.
It's a good amount for people doing less than a million dollars, but it's not going to do anything to their revenues at the top.
So my only concern, Apple's getting a little too strong.
You know, if you're going to be a monopoly like an Apple, potentially, you better have the best product.
So thank God they do at least for that.
There's no question.
And the other thing that you'd be concerned with a monopoly is the pricing.
But at least the iPhone 12 came down a little, right?
So, and the other, right?
Isn't the iPhone 12?
It was a decent price compared to the 11.
Wasn't that part of the story?
I mean, this was still $1,500.
But this is a 512.
So I don't know if it's still, if it's gone down or not.
You know, and then Apple right now has Twitter and Facebook running cover for them because Congress is more concerned about their censorship and the things that they're doing with the social media as opposed to Apple.
They might be able to get away with forming a monopoly where the Justice Department won't be looking at them because they have bigger fish to fry in Silicon Valley with these other clients.
You know how they say what comes first, the chicken or the egg?
Okay, who needs who more?
Google needs, is it Google?
Is it Apple?
Is it Amazon?
Or is it, what's the other one?
Is it Facebook?
Who needs who more?
So Apple, Facebook, Amazon, or Google?
Which comes first?
Most people are getting all that stuff from their phone.
So you would say that Apple is the gatekeeper.
That is so dangerous.
Everything else.
You have to understand that.
I'm going to get something on Amazon going on.
Same true.
And Google and Facebook number two on my phone.
What I'm trying to say to you, that's what's scary.
By the way, Google pays Apple $13 billion every year to be on their phone.
Google pays Apple $13 billion just to check.
Hey, Apple, did you know that?
$13 billion.
It may even be higher right now.
Yeah, does that include for Chrome for being on?
They pay $13 billion just for their Chrome for their stuff to be on there.
$13 billion.
Guess what Apple's going to do every year?
$15 billion.
$20 billion.
Guess what?
No.
No, let's negotiate.
No, $20 billion.
You can't say nothing because the chicken or the egg, that Apple is So much better than Safari.
They have to keep having Chrome on there.
I don't like Safari.
I don't know if I disagree with you, but I don't think the answer is they have to.
Nothing with Apple right now is they have to.
But the fact that they're doing this, I think this is a sign in the right direction.
The fact that they're doing this, this is a little bit of a sign in the right direction.
The fact that they're going from 30 to 15%.
You can't all of a sudden go say somebody's giving you a billion dollars of revenues.
Oh, we're going to go to 15%.
I'm going to get now half a billion dollars.
Who the hell is going to do that?
But the fact that they're doing this, they're trying to get the small developers to still want to come and build apps on their platform, which I don't know.
But I'm telling you guys right now, Apple's getting a little too people are worried about Amazon.
All roads lead to Apple.
But doesn't this further your argument a little bit about the monopolization of this company?
Because by lowering that, they're going to attract everybody.
Why wouldn't you go to Apple if you were somewhere else?
But if you're an app developer, you're going there.
Let me ask you this.
Let me ask you this.
If you're watching this right now, I'm actually curious to know how many guys don't use an Apple phone.
I don't care what phone it is.
Just say, I don't use an iPhone and what kind of phone it is you use.
Just type it below and say, I don't use an Apple phone.
I use Samsung.
I use Droid.
I use what else is there?
Droid, Samsung, Google.
What is it?
Huawei?
LG.
Huawei, LG.
I'm curious.
What is the second best one in the world right now?
Is it Droid?
That was essentially my question.
Is we talked about the monopoly here?
If you're not using Apple, what are you using?
What are you using over there, Mario?
Apple.
Okay.
If you're not using Apple, what are you using?
So I'm glad you asked that question.
And then my second question would be on tax.
Is this going to be, and I don't know if we have this answer, but some we can maybe uncover: is this 15% versus 30%?
Is that going to be a marginal tax bracket?
Meaning, if you pay, if you make $1.1 million, is your first million taxed at 15%?
Yeah, then your next 100%.
They're not going to bump you up.
Of course, that's what they're going to do.
They're going to have to go your first million at 30.
If they didn't do that, what a shady system.
They would get so much backlash if they do it in that way.
Kai, what are your thoughts on that, man?
That marginal tax bracket.
You learned about that the other day.
You asked, why would I want to make more money if I pay more in taxes?
You know, Norwegians don't know what Guacamole is.
Hey, you know what?
Apple Jackson.
Do you guys not miss the flip phone?
Because don't you need a dramatic way to end a conversation?
You can't do that anymore.
Tapping the off button is not slap.
I'm done.
Bam.
Just clapping that.
By the way, I had the Netflix.
I used to do it so hard that I would break it.
Mine was always the one that would hang off.
Do you know what I'm talking about?
Why?
That many people pissed you off every day?
You were a lot more aggressive back then.
Oh, that was a thing.
You did not even want to know.
But okay, here we go.
This is what people are saying.
By the way, a lot of people apparently don't use it.
Okay.
Samsung, Google, Pixel.
Let's see here.
I don't, Xiaomi, Xiomi, Zyomi.
I don't know what that is.
Android, Samsung, Samsung, Samsung.
I use an Android.
Huawei.
Android, Samsung, Samsung, Galaxy 20.
Apple is virus-free.
Xiaomi.
What is Yomi, by the way?
I use Yomi.
X-I-A-M-O-I.
Have you heard of that phone?
Can you pull it up?
I have no idea what that is.
One guy stuck here in 1998.
He says he used AOL Instant Messenger.
Good luck with that guy.
I think he's a good person.
Go to X-rays.
X-I-A-O-M-I.
What is this?
Click on it.
This is a Chinese brand.
Wow.
Okay.
It's like a Huawei.
Click on images.
Yeah, I've never heard of this.
This is great.
I mean, I love seeing competition.
There are lots of Samsung.
Apple sucks.
Okay, good.
I like seeing that.
I like people saying Apple sucks.
I hope you stay to that.
And I hope Android.
So there's got to be some competition.
I'm hoping Android is not sitting there behind closed doors saying, guys, we can't compete with these guys.
It's over.
I'm hoping they're not saying it's over.
And they're probably not, right?
I mean, as big as they are.
I don't know about that because I'm not seeing it.
By the way, if you're watching this, do you think another competitor is going to come and give Apple a run for their money?
If yes, put thumbs up.
If no, thumbs down.
This could have a lot of thumbs down with this one.
If you think they are, put thumbs up.
If you don't think, put thumbs down.
Pat, what's it going to change?
By the way, people actually miss you.
People actually miss you.
Thank you, guys.
People actually miss you.
I was surprised.
What's it going to take for you to get back to your old Blackberry days?
If Blackberry does something creative, it would be.
But at this point, the business model of phone, if you want to compete with Apple, you have to do one thing.
You can't just say, let's build a better phone than this.
That's not going to work.
We have to build a better net.
What do I need?
So think about it this way.
What do you use the most?
Like Microsoft Word, do you use that a lot?
What do you use a lot?
Use Microsoft Outlook, use Microsoft.
What things do you use that's a form of a net?
Yeah.
Do you use Google, email, Google, Drive?
What do you use that's a net?
I think Google's the greatest invention in the history of mankind.
I mean, Gmail and the search engine.
I don't know how you could possibly live without it.
Okay, so, but Google has to go more than that.
It's got to be music.
It's got to be movies.
Like, it's got to be something more than that.
I don't like if Amazon came out and their app is linked to Amazon and movies.
And if you bought Amazon's phone and then that's.
But Apple has too big of a head start.
There's no way because of Apple.
Because of their, by the way, this is creating content.
I mean, look, you buy the phone's been the same phone for a long time.
They just keep adding more cameras to the backs.
Like, oh, we got more cameras and it's faster.
Every time and I buy it.
I'm like, okay, I'm a loyalist, so I keep buying.
But what about the 5G?
Can you tell a huge difference?
Yeah, speed is insane.
This is 5G.
Yeah.
Speed is insane.
I'm not going to lie to you.
It's so fast.
And to me, I feel the speed.
It's very good.
What was the first year you had an Apple phone?
An iPhone?
I'm the guy that said I would never flip to an iPhone until this one guy came to my office.
I'll remember his name here in a minute.
He came to my office and says, Let me tell you 10 minutes why I need to own an iPhone.
And I said, Okay, tell me.
So I was trying to do business with it.
He says, Here's why.
Boom, I said, man, he's just got a great argument.
What year was that?
This was in 2007.
2008?
No, 2007.
Okay, right.
That's my point.
It's only 2008.
It's only been 12, 13 years.
So since I'm an Apple guy, it hasn't been decades and decades.
What was your own?
That's a quarter of my life.
You know, listen, I had an Apple, I had an Apple Mac book in 1995.
So I've had the computer since the mid-90s.
I had a Blackberry.
And the iPhone, though.
The iPhone?
I didn't want to switch.
I used to be a Blackberry guy, and I was afraid.
I just thought I'd never pick it up, and it took like one day.
2012, probably.
2012?
I don't know, 2010.
I'm losing my memory.
I don't know.
10 years ago, something like that.
Yeah.
Okay.
I remember when the Switch was occurring in the late 2007, 2008-ish, you had friends started popping up with iPhones.
Like, oh, check this out.
I'm like, buddy, Blackberry, what are you talking about?
And then by the way, people don't think there's going to be competition for Apple.
Did you notice that?
People don't think there's going to be competition for them.
I agree with them.
I think it's too tough.
Wow.
They'll squash them.
I trust capitalism.
I just think the government's got to get involved here to say, hey, you guys got a monopoly.
We got to break it apart.
They got to get involved here.
This is the only way it could break it apart.
Remember what I'm not a fan of.
Like, people think I'm a fan of, I'm not a fan of bullies.
Okay.
The moment a company becomes too big of a bully, not a fan of that.
I don't mind bullying bullies, but I have a problem when the bully is bullying the little guy.
I don't like that when that's what's taking place, right?
So right now, you know, Apple can kind of go out there and bully a lot of people for it.
Apple's the bully.
Apple.
I'm not questioning that.
I'm saying Apple is the bully.
Even questioning Apple.
What I find humorous is that Apple was the little startup that could, you know, but they're now so big.
Well, David versus Goliath, sometimes David becomes Goliath.
Well, exactly.
That's my assumption.
You know what I'm saying?
But they have the mindset of a David.
That's why they keep growing.
They think like a David.
They still think they're nobody.
They still think they're the small guy.
That's awesome.
But they're playing the offense in a way that's the game, the game is being won by them.
So look, there's crony capitalism that makes capitalism look bad.
There's monopoly that makes capitalism look bad.
Okay.
And this is one of those situations.
This is not crony capitalism.
Is a monopoly.
You know what I think a huge asset for Apple is?
I think Tim Cook is likable.
He doesn't come across as a bully.
I mean, they're front and center seats.
Steve Jobs did.
Oh, totally.
Not Tim Cook.
They took pride in it as well.
But Tim Cook is the opposite.
You're right.
Here's a guy that disagrees with 95% of Trump's policies, and he goes and works with Trump.
I don't know anybody on that side.
He just goes and says, Hey, would you like to help us launch the new Mac?
Well, yeah, sure.
Trump goes, I'd like to come and help the government out.
I'd like to come because let's sit down and talk.
How do you do?
You've got to respect.
He's a strategic thinker.
When does he want to go to war with the president of the United States?
It's called setting aside your emotions, buddy.
That's what it is.
That's not setting aside your emotions.
But it's also if you're running a trillion-dollar company, you're not like.
Oh, really?
Okay, you want to go there?
Let's go there.
Let's go there.
Let's go there, Wayhole.
All the time.
This leads me to Houston Rockets, which that's not a trillion-dollar company.
All right, all right, all right.
The league, the league, the leak is what I'm talking about.
The leak.
So the NBA has something going on this year, which was they came out and they said BLM, Black Lives Matter, the floor, everything, right?
Everything about the NBA was social justice.
This is not fair.
And everybody except for one person followed suit.
And who was that one person from Orlando?
Jonathan Isaac.
Jonathan Isaac.
And he broke his knee.
And then he broke his knee.
Yeah, but here's the thing.
Well, he wasn't a starter.
He wasn't a star.
Nobody even knew who he was.
I'm just calling him that week.
For that week, he became the number one jersey.
Yeah.
Behind LeBron.
Behind LeBron.
Not two jersey.
Number two jersey.
For like three days.
So look what happens with the Rockets.
So James Harden says, I want to trade.
I was like, why is James Harden wanting to trade?
This guy's being offered $50 million a year.
He wants a trade.
What do you mean you want to trade?
Okay.
So Westbrook wants to trade.
Westbrook wants to leave and all this other stuff, right?
I know you probably got some insight on this here.
So, yeah, you know, Houston's situation is these guys want to go play with Durant.
Westbrook wants to go play with this guy.
Is that really what the case was?
For the last week or so, Hardin has expressed concerns behind the scenes regarding the future of the Rockets as he believes the team's window for competing for championship has closed.
After last season, the 31-year-old guard is ready to join another team of superstars for a chance of winning a ring.
At this point, he's looking at the Nets and a couple other teams, right?
According to the Ringers, Kevin O'Connor, Rockets owner Tillman Fertida, specifically doesn't like the idea of trading for Harden for money.
Will Tillman Fertida trade James to Darrell Maury?
I've been told probably not, O'Connor reports.
I think Maury would offer way more than just Ben Simmons.
I've still been told unlikely that Fertida wouldn't trade him for Maury.
Now, watch this.
Behind closed doors, a story comes out this week about why this is really taking place.
Tom, why don't you tell us what that story is?
Okay, so Adrian Wojanowski from ESPN, who's pretty biased in his reporting anyway, but he's always right.
When it comes to the NBA, the guy knows what's up.
He's dialed in.
So he said that there's a mini revolt going on inside the Houston locker room right now because Hardin, Westbrook, the two leaders of that team, were so upset that Tillman Fertita, who owns the Lowry's, the big restaurant Mastros, you know, the big restaurant chain, the hotels, that he was a supporter of Donald Trump.
So there was an open revolt in the locker room.
They don't want to play for him anymore.
And you know what?
I guarantee you, Tillman Fertita doesn't give a damn about that.
He'll probably not trade him because of that.
He doesn't care.
He's not going to bow to him.
By the way, James Harden says the window for winning a championship is closing for him.
No kidding.
You play with Russell Westbrook.
How are you going to win anything with him?
The reason he wants to go to Brooklyn, in my opinion, sure, to play with Kevin Durant, but who's the assistant coach now in Brooklyn?
It's Mike D'Antoni.
Steve Nash hired him.
So his style of ball only works in a few ways, but this is a huge deal.
This is huge because what kind of precedent does that send if a star player refuses, an employee of a company refuses to work because he doesn't agree with the owner's political choices?
Isn't this still a free country?
My God, I hope Tillman Fertita does not bow down to this at all.
Yeah, look, Houston Rockets has been a sinking ship since basically they went all in to trade Chris Paul for Russell Westbrook.
They basically traded away anyone over 6'7, and they were just playing small ball lineup.
It clearly didn't work.
Darrell Murray left.
Tillman Fertita, obviously, has been owning the team for a few years now.
For me, this is the first I'm really hearing that Tillman Fertita is a big Trump supporter and that's the guy who reported it is a big BLM guy and he is a great reporter.
Well, everyone's a BLM guy in the NBA.
You're right.
That's not like this one.
For him to come out and say that, this is not an inaccurate reporting by him.
I think at the end of the day, the Houston Rockets are a sinking ship.
Their GM left.
They traded away their players.
If we want to kind of sprinkle in this Tillman Fertita story, that's cool.
I have no objections there.
The reality is, I don't think James, I don't think he's going anywhere.
But that's the biggest shit.
He's got two years left on his contract.
Wait, you cannot.
No, no, wait, wait.
These are two different things here.
These are two different things.
The report is they don't want to play for a guy that's pro-Trump.
That's the report.
Do you know how many owners in the NBA are pro-Trump?
No.
I'll say a good majority of the NBA.
No, no, no.
Okay.
Yeah.
Okay.
Fair.
So like, you're going to get traded to a team that's going to be a good idea.
Oh, wait a minute.
But go there.
Sure.
Go there.
What is the consequences of doing that?
Go there.
The whole idea of saying, you know, I don't want to play for Dan Gilbert because he's pro-Trump, right?
Cleveland Cavalier, so LeBron leaves.
Yeah.
Okay, now let's put Tillman Fertata is what?
It's for Trada.
How do you say his name?
Fertita.
Fertita is for, what do you call it?
For Trump.
So you got Gilbert, you got him.
No, Q.
Okay, there's a few other guys.
Of course.
So let's just say that spreads, and that becomes a cultural thing in the NBA that we don't play for those seven owners.
And everybody behind.
I'm just saying, I don't think it's, I don't think, number one, Trump's on his way out the door.
So I know.
But that's not the point.
It's not the point.
Players have been dictating what they want to be doing in the NBA for years now.
This isn't a breaking news.
It is breaking news about the Trump.
No, no, no, no.
Anthony Davis.
Let me explain to you how we got to this story.
Let me explain to you how we got to this story.
We started off the first story with Dolly Parton.
We went right off the bat because he's subscription to Playboy.
Then we went to, we went to Apple slashes App Rises, right?
And this led to Houston.
Why did this lead to the Houston story?
Here's why, because I made the point that I have so much respect.
I tweeted something about Tim Cook, and he retweeted it, or he liked the post and commented on it.
And I said, I have so much respect for a man that disagrees with 95% of what the president does.
He's still willing to set aside his emotions to go out there and sit down and talk to him.
That is the ultimate respect.
I don't have to agree with Tim Cook.
I don't have to agree with the way Tim Cook lives.
I don't have to agree.
He's the first Fortune 100 company CEO that comes out saying I'm gay.
I don't have to agree with anything the guy says.
But the way he handled it in the NBA, they're not handling it that way.
What the NBA is saying is, you're what?
Oh, apps, oust that guy.
Spread it.
Nobody wants to play for the Rockets.
And this is, this is.
If I'm the NBA commissioner, Adam Silver, I'm going to tell you something here.
I would be very careful with taking the league in that direction.
Our company, everybody knows where I'm at politically when it comes down to capitalism.
Socially, people don't know where I'm at socially because, you know, I could be all over the place with socially.
But politically, in our company, when it comes down to economically, everyone knows what I'm.
I'm a capitalist at the highest level, right?
One of my guys is a die-hard Obama fan, diehard Obama fan.
I went to the bookstore the other day and I saw an Obama thing and I said, man, this guy's going to love it.
I bought it.
I shipped it to him.
He's like, I can't believe you sent it to me.
I'm like, dude, you and I can go back 15 years.
I'm looking for an Obama autograph for this guy to send to him as a gift.
Ricky Aguilar is that guy, that person.
It's definitely Ricky Aguilar.
But let me tell you what I mean by that.
I'm going to send him this Obama thing.
He doesn't even know it's going to go to him, right?
Why am I doing this?
Because to him, that's his hero.
No problem.
I didn't agree with the Affordable Health Care Act.
The NBA has to be thinking about that there's nothing wrong with having Republicans, Independents, and Democrats.
If they go in this direction, it's going to be problematic.
The NFL, on the other hand, they're okay where you want to be.
No problem.
No one gets ousted.
You want to go play?
Go for it.
Go.
Once you say pigs and you have that and you go to Miami and you support a Chavez with Cuban community, you deserve to be ousted if you say something like that to the Cuban community.
That's an insult to what that meant to the Cuban community.
Do you know how emotional it is for somebody like me who escaped Iran to come here because of what Jimmy Carter did to Iran?
I should be in Iran right now, but I'm here because of what he did.
So when you mentioned Jimmy Carter, I feel it.
I feel what Carter did to Iran.
When they had that meeting with the four big empires, Germany, France, UK, and Carter, and saying, hey, the 25-year oil contract in Iran's coming up in 1975, we got to figure out a way to get this guy the hell out of there so we don't have to get the spike of oil prices.
And boom, what happens to Iran?
Khomeini comes in who has no clue how to run a country.
And next thing, you know, a couple years later, all the military gets killed.
The 2,000 generals they get rid of.
War, 500,000 people die just because Carter said, and all these other guys said, we can't do the 25-year contract again with oil.
Yes, Cuba feels it.
So when you're a football player, you come in and you wear something like that.
That's not even something to joke about, by the way.
People love their countries.
People love where they were born.
I love where I was born.
My emotions goes over there.
People from Cuba, you want to come and play something like that?
I wouldn't tolerate it, except I would have suspended him.
I wouldn't have sat there and said, oh, Kaepernick would have been suspended for the season.
What the hell are you wearing over there?
He wore socks with pigs on him.
Not just the pigs, to say something about the Cuban community when he wore the shirt, with the shirt that he wear when he was going there.
The Cubans were furious when this took place.
Yeah, I mean, this is, you don't disrespect.
And you do it in Miami.
You do it in Miami.
So that's a completely different conversation when you're going with Kaepernick.
Bring this back to Houston.
I don't have a problem with what Kaepernick was talking about about the first time he came up and talked about it.
I think no mistake on there was Roger Godell took a year and a half to go talk to the guy.
He immediately should have met with him.
But in this situation, you mean to tell me you cannot be a Republican in the NBA?
Oh, that's problematic.
Short term, it may look good.
Long term, they're going to pay price for it.
I guarantee you.
They're already starting to pay the price for it.
I guarantee you that Adam Silver knows that his brand has been devalued.
I watched the NBA draft last night.
It was boring as hell.
Seriously, it was nothing.
There was no juice, nothing.
I only recognized like three players.
Yes, it has hurt the NBA.
By the way, I'm sending Tillman Fertita No More Mr. Nice Guy book.
All right.
I want him to handle this situation with Hardin with an iron fist.
He's going to get after it.
Now, look at Harden.
I mean, these players are, they have too much power.
This is insane.
Look what the ramifications of this.
James Hardin is saying, I want to leave Texas where I'm going to get a $120 million extension with no state income tax and go to Brooklyn, New York and pay 15%.
So right off the top, that's about $20 million.
The other thing, too, is the agents.
The agents are empowering these athletes to a degree that we've never seen before.
And it's the same thing in Hollywood.
William Morris, CAA, ICM, they are so political.
I mean, they will fire you as a client if you had one tweet about something positive about a Republican five years ago.
So this is, I guarantee you, this is the number one problem for Adam Silver.
He is in contact with Fertita every day saying, do not budge on this.
Let them sit in Houston.
They're going to stink this year.
Kai, pull up that article right there with Washington Post on what he did.
You need to see this.
Apparently, both of you guys missed it on what he did.
After a game at Miami, he's wearing a shirt with Castro on it and saying good things about him.
In an interview.
In an interview, I would have suspended him for the season.
Look at this guy, Colin Kaepernick Grill by Miami Herald over Fidel Castro shirt.
Go up a little bit.
Okay, Fidel Castro shirt with the 49ers visiting Miami Dolphins this week.
San Francisco Colin Kaepernick engaged in a conference called Members of South Florida Media.
How well one reporter wanted to discuss something that happened in August when Kaepernick wore a shirt that appeared to show support for Fidel Castro, which led to a tense exchange.
The shirt depicted the scenes from a 1960 meeting between Castro and Malcolm X, and it bore the phrase, like minds think alike.
Like minds think alike.
Seriously, Kaepernick wore to a news conference after the 49ers, third preseason game, which was when his refusal to stand during the national anthem became a major story.
And if you go a little lower, he said something about the willingness to be open-minded.
And he had a couple comments.
I'm not talking about Fidel Castro and his oppression.
I'm talking about Malcolm X and what he's done for people.
You're not saying that.
You wore that in Miami.
One thing that Fidel Castro did is they have the highest literacy rate because they invest more in their education system than they did in their prison system, which we do not do here, even though we're fully capable of that.
What?
I know that.
I mean, when he tries to sound hidden, he fails.
So a lot of this, a lot of these comments from people who are coming out here trying to seem political and diplomatic.
Fine, you want to say what you want to say?
There's consequences as well.
Well, I agree with you.
Two things.
Because again.
This is why I respect Tim Cook.
This is why a gay man who's a CEO of a Fortune 100 Fortune 1 company, it's the second order largest company who is a gay man out of San Francisco who disagrees with everything the man at the White House stands for, except for 5% that has to do with economy.
He's willing to set aside his beliefs and say, yeah, let's figure out a way to do business together.
He ought to get the business mana, he ought to get an award.
Whatever the award is, you know how the sports give awards for somebody that's, you know, you do the most charity stuff on the side.
There needs to be an edification of how this guy's able to set aside his political agenda and sit with possibly the most controversial president in our lifetime, Trump, and say, let's figure out something else.
Yeah, it'd be inspiring for people.
And what can I do?
That's what they do in the world.
Like a Nobel Peace Surprise, but for business.
100%.
100%.
Are you kidding me?
I would have his picture.
And I have an idea for the new creative meeting.
There we go.
This is stuff you ought to be thinking about.
Right, the other thing about Tim Cook, he grew up in Alabama with probably some values, right?
I mean, and he's kept to his core.
Well, Kaepernick also grew up in the right place with some values.
How he grew it turned out to be this way is ridiculous, but that's a whole different story.
If you look at a picture of Kaepernick like that, the last thing I want my quarterback doing is thinking about political statements.
Did you spend enough time on the playbook that week?
You know, you're so concerned about what shirt you're wearing, what hat matches it to have a political social statement.
I'm all for something inspiring you.
I am all for it.
Like, God knows I look forward to my guys being inspired by something, right?
One of my guys is Cuban and Puerto Rican.
So guess what he did?
He went to Cuba.
He came back.
I'm like, let me see if this thing's going to catch fire and it's going to do something to him or not.
He came back, he started saying, let me tell you what it's like in Cuba.
I went out there and I was looking at the business.
I'm like, okay, I'm listening.
Okay, good.
Good, good.
By the way, he just crossed a million dollar income.
We're paying him net million dollars his business, the 20 million last 12 months.
George Palayo just crossed a million dollars yesterday or two days ago, at 33 years old, 34 years old.
He started with me at 18 years old, all over the place.
Finally, he was able to stay focused.
Now he crossed a million.
Congratulations to him.
But he goes to Cuba.
I'm like, okay, let me see what's going to happen to this guy.
Matt Sappala starts doing stuff with Marines and military and all this stuff.
Then he wears red every Friday.
He wears red for what?
Why do they wear a red shirt on Fridays?
That's for the yeah, if you pull up Marines, he wears red because the POW, I believe, military red shirt Friday, right?
Red shirt Friday.
Red on Friday.
There you go.
Red shirt for Military Friday.
Go Red Shirt Friday.
It was a remember everyone deployed.
Remember everyone deployed red.
Yeah.
So he wears a red on Friday.
And so, you know, that became a movement.
People are saying, you know what?
That's pretty cool.
People are wearing it.
I love when something inspires you.
But if it does inspire you, don't make ignorant comments without doing your own research on it just because you watch one movie.
I'm assuming Colin Kaepernick sat one night and watched a Malcolm X movie with Denzel Washington.
He was inspired.
Came out and said, Let me tell you what happened with the movie I watched last night.
What you're talking about is being inspired is you're separating what he did with the kneeling.
I don't mind that.
That's what I'm saying.
You're separating that with the Fidel Castro shirt.
Yes.
Two totally different things.
Because I lived in Miami.
I never even heard this story.
So I'm like, what are you talking about?
It's pathetic.
Okay, I agree with you on that.
There's a lot of Cubans that are probably upset with that.
No way they're digging that in Miami or anyone that obviously wanted to bar together.
Oh, my God.
Hey, can I ask you a capitalist question?
Sure.
What's going through James Harden's mind?
He has a $200 million contract with Adidas, right?
I mean, that's probably where he makes most of his money.
The bigger stars make more money on their shoe deal than they do on their contract.
That's probably why he has a cavalier attitude about staying in Houston.
But how do you not worry about turning off a lot of people that will not buy your product because of that?
I mean, I just can't figure this out.
Why athletes right now have to be so political?
I don't think Nike showed the no one cares when they signed Colin Kaepernick and they paid him that money that they paid him.
And the next thing you know, Nike stock went up.
The next thing everybody said when they did the commercials, everyone was loving it.
Everybody thought it was, it dropped and it went up.
No, Nike showed these guys, don't worry about it.
We're fine.
We have our community, right?
That's what Nike did.
I guess.
But I'm telling you, the difference is: here's the difference, though.
Nike's customers don't care because they're buying shoes they can't afford.
But Adam Silver's customers do care.
Adam Silver's customers are those who can cut a check for $2.2 billion minimum.
Those guys are going to care.
So you have a league with 100% of your owners being Democrat.
Let's see how that league's going to do.
Let me say that one more time.
You go ahead and own a league where 100% of your owners are Democrats.
I would never buy an NBA team.
I would buy an MLB team.
I'm not an NFL guy to buy an NFL, but I would buy an MLB team because MLB is a little bit more chill.
Hey, do your thing.
It's cool.
You don't like it all.
It's good.
They respect everybody.
And the value's still getting high.
I love that.
I love the MLB culture.
But in the NBA side, they don't care what the shoe thing because their customers don't care.
The customers of Adam Silver care.
Yeah, you're not saying that all 100% of owners in the NBA are Democrats.
You're making an example.
What I'm trying to say is, no, no, but here's what.
Okay.
So let's just say the three of us own a team.
Right.
Okay.
And we're all independent or Republican, but we're not Democrats.
And we, out of the 30-something owners in the NBA, we have a call to get him.
We have a secret meeting nobody knows.
And I say, Adam, how do you feel right now about how things are going?
Dude, I got to tell you, I'm getting a lot of pressure.
A lot of pressure.
How are you feeling, Tom?
It's a lot of pressure, man.
I don't know.
Every time I'm talking to Mark Cuban, he's saying this.
Every time I'm talking to Ballmer, he's saying this.
Every time I'm talking to these guys, it's like a lot of pressure right now.
And I'm kind of being ousted, and I'm hearing these guys are talking against me.
What do you guys want to do?
I don't know.
I don't know.
I mean, I'll hang on to the business because it's making money right now, but I'm telling you, I'm thinking about putting it for sale.
I'm thinking about putting it for sale.
If I'm in that community and I'm the minority, why would an Adam Silver listen to me right now?
Why would an Adam Silver defend me right now?
Adam Silver is about the players.
He's not about the owners.
He's not about the league.
He's about the players.
That's what he's all about, which is fine.
Your number one product is who?
It's players.
It's not owners.
Owners don't go out there and play.
Michael Jordan said, I don't see general manager scoring any points.
I don't see owners scoring any points.
It's the players that win the games.
He's right, but you got to respect the owners who have opposing ideas.
You cannot do that.
It's a dangerous place to be.
I got three points on this.
Number one, I love the impersonation of Adam Silver on the phone call where he says, dude, that was good.
Can you imagine Adam Silver using that word?
I've used this bot as white as you could get.
Tillman, for T. You also missed my little plug for No More Mr. Nice Guy because you were looking at Colin Kaepernick at the time.
Bottom line is, look at the NBA.
When they continue to do this, the NBA is going to be like New York and California.
They're going to be falling off the deep end of a cliff pretty soon if they don't get off this socialist stance that they're on because people are getting stuck.
Socialist, social justice, right?
One in the same.
I don't know.
One in the same, Tom.
They both have the word social.
They both have the word social in it.
Does your mom get social security?
I assume she does.
So, I mean, let's go.
I mean, social justice and socialism are not the same thing.
My point here was very simple, guys.
The whole point about everything we talked about is freaking salute to Tim Cook and Trump for being able to get along.
That's the salute.
They don't like each other's policies.
They figured out a way to get along because they found something in common.
What's the one thing in common?
The one thing in common is, hey, let's help the economy.
There's nothing you say in a way that's a bad thing.
There's nothing wrong with that.
They have one thing in common.
Let's figure out a way to help advance the economy.
And I'm going to be able to help you create jobs.
Let's do this.
You don't have to agree with anything that I do or any way I live.
You don't even have to vote for me.
I'm not even going to vote for you, but I'll sit there and do business with you.
And I respect that.
Salute to Tim Cook.
Well, if you're listening to this, can you imagine he gets 500 tweets saying, I respect you, Tim Cook?
He's not even going to have a clue where it's going to come from.
Sometimes a guy like that, people forget to recognize him for what he's doing.
He's going to think it's because he lowered the price on the App Store Monopoly.
See how we circled back to that?
Anyways, so that's where I'm at with that.
Did you have final thoughts on it or no?
Just two quick thoughts.
Number one, you sort of reap what you saw.
The NBA has come to this point where James Harden is this powerful because they've built this entire league on its players, whether it was Magic and Bird, whether it was Jordan, whether it was LeBron.
The players have the final say here.
And then regarding social justice, I think it's just, just a little bit of irony, no major point here that Houston was the team that sort of set this all off with the Darrow Maury's in support of Hong Kong tweet that he did a few years ago.
Circling back, it's just ironic that now Houston is on the forefront of the social justice, anti-Trump movement.
It's just a little ironic that you sort of, that it's come to this.
We're going to find out how powerful he is because I don't think he's going to work his way out of Houston.
I don't think they'll.
Listen, the reality is, and I don't want to go too deep on NBA talk because we know our audience isn't exactly NBA.
He's got two years or three years left on his contract.
They don't have to do shit with him right now.
You can say you're unhappy, show your ass up to work if you want your paycheck.
If not, you're in breach of your contract.
So he's not going either way, my bad.
By the way, if this thing becomes what it's becoming, I'm asking for a trade, which Anthony Davis did wanting to leave the Pelicans, which is what Harden's doing, and this is starting to become a movement.
Why the hell would I have a team in a small market?
So Giannis comes out and says, I want to betray it next season because they brought Drew Holiday and they don't win a championship with Middleton.
He wants a trade.
Now you're stuck with a Middleton and Drew Holiday.
Neither one of them is a, you know, the difference between Anthony Davis that he forced his way out is he had an expiring contract.
So they were going to lose him to free agency.
You've got two and a half years to even worry about losing James Harden.
So my assumption is unless they actually can get something back from him, James Harden.
I'm going to make a prediction, Ron.
I'm going to make a prediction.
Watch for this happen in the next six months.
James Harden fires his agent, hires Rich Paul, Clutch Sports, run by LeBron.
He'll work his way out of Houston doing that, back channeling it through the most powerful force of the NBA, which is LeBron James and his agency, Clutch Sports.
And if he wants to do that, he can do what the hell he wants to do.
At the end of the day, these players can do what the hell they want to do.
I can see that happening.
I can see that happening.
I can see Hardin talking to LeBron right now, saying, hey, what do you think I should do?
I see that conversation taking place.
But anyways, it is what it is.
Look, if you're watching this, if you enjoyed this last banter that we had the last 15, 20 minutes, hit that subscribe button and the alert button.
If you enjoyed the conversation we just had, the last 20 minutes over Tim Cook, Trump, and somehow the Houston Rockets pushed that subscribe button.
Much love to those of you guys that did.
Let's continue.
Okay.
New York.
I got a video I want to share to you guys.
Yesterday, Cuomo had a, did you guys see that exchange with Cuomo?
Yesterday, Cuomo had a big exchange.
Before you play it, I want to read this to them, but you can get ready for it.
Here's what happened with New York.
New York schools shut down indefinitely with new surge of cases.
Let me read that one more time to you.
New York schools shut down indefinitely with new surge of cases.
All students in New York public schools will transition to remote online learning beginning Thursday today.
Mayor de Blasio announced Wednesday.
The COVID-19 test positive rate in the city hit 3% over the past week, reaching the threshold that officials said to determine whether schools should be closed.
Closed, he said.
We must fight back the second wave of COVID-19, de Blasio said.
Richard Carranza, the chancellor of New York City Department of Education, said in a tweet that it was a temporary closure.
The mayor and I have been clear-eyed since the beginning that we needed to get students back into the classrooms as soon as it was safe.
And we carry the same urgency with us today as we announced this temporary closure.
We will get students back in buildings as soon as we can safely.
New York City public school system is the largest in the nation, serving more than 1.1 million students, according to the New York City Department of Education.
And this is what happened yesterday.
Kai, press play.
This is the city's decision.
They have an agreement of 3%.
Today you said, well, I might have to impose an orange zone and I might have to close the schools, which an orange zone does.
So what's going on?
Does the city still have the ability to close its schools?
Are you now taking control and saying that you have the power to make this decision?
And for the millions of parents who want to know, are the schools going to open tomorrow in New York City?
All right.
First of all, let's try not to be obnoxious and offensive in your tone because you're 100% wrong.
It sounds like Trump there, bro.
We announced the orange law over a month ago.
I don't know if you were here or if you were paying attention, but that has been for over a month.
We're both from New York.
It always said: if by the state's numbers you hit 3%, the schools close.
What's going on here is nothing that the law hasn't said for over a month.
We then had the test-out procedures.
If you were paying attention, you would have known we closed the schools in New York City two weeks ago.
Remember when we did an orange zone and a red zone in Brooklyn and Queens?
And we closed the schools?
Don't you remember that?
It was three weeks ago.
Okay, so don't you, so what are you talking about?
What are you talking about?
You're now going to override.
We did it already.
That's the law.
An orange zone and a red zone.
Follow the facts.
Well, then you're confused.
I'm confused and actually.
And I'll tell you what, parents are still confused as well.
The schools are going to be able to get to the point.
They're not confused tomorrow.
You're confused.
Read the law, and you won't be confused.
But, Governor, follow Jimmy's question.
Are the schools going to be open tomorrow?
The schools are open by state law.
They closed.
Right after that.
New York City.
You knew that, by the way.
New York City, though.
Well, I don't really care what you think.
No, no, go back a little bit.
Go back.
You've got to hear the last seven seconds.
Just go back right there.
When will they be open tomorrow?
That's the question.
I think Jimmy's correct in asking that question.
I don't think it's obnoxious at all.
Well, I don't really care what you think.
Here we go.
Sums them up right there.
You know what he wants to do to that reporter?
He wants to sock that guy and deck him right in his shoulder.
That's what he wants to do.
That's what that guy is doing.
Oh, my God, right in the shoulder.
So tell me, though.
I mean, what do you think?
What's going on in New York?
That guy's clearly frustrated as hell.
He's an asshole.
I mean, I'm appalled by that video.
He thinks he's Al Pacino.
You know, here's the problem with Newsome and Cuomo.
They think they're rock stars.
All right?
They are so cocky.
They're so out of control.
They have so much power that they can get away with crap like this and what Newsom's doing.
I can't stand what they're doing.
I feel for the parents in New York City who now have to figure it out once again what they're going to do with their kids.
And let me just say this.
Kids have been robbed of a year of their life.
It's been stolen from them.
60% of them at least will never be able to make up what they lost this past year.
It is a crime what he is doing, going up there with the authority that he has and to be that cocky and that out of touch and that out of tune.
And did you hear the other big story about him yesterday?
He got a pay raise.
He got a huge pay raise.
Look it up, Kai.
Mario Cuomo got a huge.
Now, he's going to say he's going to turn it down, right?
Yeah, right.
It'll come back to him sideways, like nine different ways, but I'm appalled by that.
He thinks he's an entertainer.
He thinks he's Al Pacino, leaning back like he's the godfather or something.
It sickens me to see what these guys are doing.
They have no repercussions whatsoever.
So point counterpoint here.
Literally, that's exactly what Trump does.
So if you don't like what, if you don't like Cuomo, what's the perception of people that hate Trump that thinks that's what he does?
Is there any difference between his tone and his interaction with the story?
Trump has respect for Democratic.
I'm going to tell you on your way.
If you listen to a Trump press conference, he has respect for the reporters.
He answers their questions.
We are literally living in different worlds there.
There's no, and I'm telling someone who's saying that his tone was wrong.
Again, one of the things I'm able to do is call bullshit on both sides.
The way that he handled that reporter is exactly what Trump does.
No, it's not.
If you don't see that, then you're not listening.
No, the fact that you're just watching Corn America News or something like that.
That doesn't show the reality of it.
The reality is that's exactly how Trump treats reporters.
And if you don't believe me, I'm sure we could roll the tape on every interaction.
I'm just going to be on the turn of saying what you just said is wrong.
That is not how Trump treats reporters.
He might hammer men up here.
Out of control.
Have you seen him interact?
He answers questions.
They badger the hell out of Trump for four years.
You're going to find on highlights where he got frustrated one or two times.
But that is not how Trump handles it at all.
It just isn't.
So Trump is just a nice, chill guy.
But that's the only defense that people that hate Trump have.
He says you have to flip it and say, oh, say, the opposite of Trump is what I'm saying, which is not what I'm saying.
The point that you're missing right now, you're failing to understand, is this is not an anti-Trump thing or a pro-Cuomo.
But the first direction you took.
Relax, guys.
Relax.
What I'm saying is they both, keyword both, Tom.
You understand what that word means.
They both treat reporters disrespectfully compared to that.
But here's my point, since I know you have a...
Where'd you go to med school and all?
Where'd you go again?
Here we go.
We can't get past their emotions.
You have to sign smart.
Here we go.
What do you think you should do?
Keep everything open?
Just not pay zero attention to COVID?
I'm asking you not to complain, not to criticize, to give a solution.
It's not my job to give a solution.
But it's your job to criticize.
I'm surprised though.
My point is, I like to listen to scientists.
And if they're basically saying, hey, you know where else they're shutting down?
Freaking Kansas, freaking North Dakota, Minnesota.
This isn't just a New York thing or a California.
These leftist liberals, they're shutting everything down.
They're robbing the kids of school.
COVID cases have increased.
There's a second wave coming.
I know that we're quote unquote rounding the curve.
I don't have weather's cold.
Cool.
Second wave is coming.
Colds are coming.
Go make your point.
I'm curious.
My point is, it's so easy to criticize the, and I'm being critical of his tone as well here.
I'm not vouching, like, I'm not vouching for Cuomo.
Yeah.
But clearly, his frustration was they've had guidelines in place.
If cases have gone from orange to red or whatever the protocol is, he's basically getting frustrated with the reporter, saying, yo, bro, like, this has been in place for weeks, two weeks.
The reporter said, no, three weeks.
And he's like, well, that's exactly what I just said.
What are you talking about here?
He's getting frustrated.
Cool.
I'm cool with that.
But there's a protocol in place.
And if you reach a certain point and the medical authorities are like, hold on, freaking COVID's out of control, he's listening to the medical authorities here.
So that's my point.
So overall, his tone was a fucking asshole, just like Trump is a fucking asshole to reporters.
So I'm calling it on both sides.
But to say that only Cuomo's the asshole here and Trump has never disrespected a reporter is outlandish.
Has Trump not taken ridiculous tones?
He's called media the enemy of the state.
He's argued with reporters nonstop.
Forget about his reaction.
What I'm asking you now, what do you think about what New York is doing?
What do you think about shutting down schools indefinitely?
What do you think about that?
They're doing the right thing with 3% that now it's COVID showing 3%.
Let's shut down the whole school.
Is that the right thing to do?
I don't think that schools should be shut down indefinitely.
Like, never indefinitely.
Let me take it a different angle.
And I'll address everything you guys just said.
Number one, their style, Cuomo, the way he speaks versus the way Trump speaks.
I think Trump is a little less, it's the word I'm looking for.
He's a little less condescending in interviews.
I think Trump is a counter-puncher himself.
His entire life, he's been a counter-puncher.
But if you come and do, you do a good interview with him.
He's very respectful.
He'll go through the whole thing with you.
And he gets hit up a million times more than Cuomo does.
Cuomo doesn't get hit up, okay?
When Cuomo gets hit up, you just saw the way he reacted.
Trump gets hit up every single flipping day, every second he's getting hit up.
Not Cuomo.
Cuomo was a hero during coronavirus, the pandemic, and he was, he had the worst city and worst state out of everybody.
He had the worst out of everybody, and he is a hero.
They're treating him like a hero.
Like, this is a guy.
He's a hero.
Or Democrats are considering him 2024, you know, somebody that could potentially be a future president.
He became a few months ago.
Are you going on record saying that Trump does not have contentious arguments?
Let me make my second part of the point.
What do Christy, Trump, and Cuomo all have in common?
They're all from New York.
They're all from Jersey, New York, man.
That's how they talk.
That's how they are.
I do business with people from New York because they tell me how it is.
I don't mind doing business with them, but America doesn't know New York.
Mike Pence doesn't talk like that.
Thank you so much, Kristen, for that question.
And Kamala, congratulations on being the first.
So let me address the issue when it comes.
Trump would never answer something like that.
Neither would him, right?
They're both tough guys from New York.
They're from New York.
I have no problem with that.
I'm very comfortable with that.
Now, let's talk about the school and stuff shutting down.
Let's talk about that.
Okay.
So how many teenagers do you hear dying from coronavirus?
How many teenagers?
Oh, no, actually, how many?
Two.
There was two in California.
Is it probably thousands?
Now, how many teenagers have we heard dying from flu?
Now, how many people have we heard dying from obesity that ends up leading to heart attack and diabetes?
How many?
How many people die from heart attack?
How many people die from their body not moving?
How come we're not talking like you, for instance, yesterday you and I were talking, you were exercising and you go into the gym.
How many times you're working out right now?
How many times you're working out right now, Kai?
How many times you're working out right now?
How many times you're working out a week?
What do you do?
Five days a week?
Are you a four-day, Eric?
Are you a five-dayer?
Right now I'm trying to catch up with homework, but usually four days a week.
Four days slacking, bro.
How many times do you have anything?
How many times do you work out?
How old are you, by the way?
How old?
39 and a half.
Okay.
How many times a week you work out?
Three, four days a week.
Why do you work out three, four days a week?
To stay healthy.
What does that mean?
What does that mean?
Tell me what that means.
In what respect?
In what respect?
What does it mean to stay healthy?
Eat well, exercise.
Why exercise?
Where are you going with this?
I'm asking.
What I'm asking you is, why exercise?
What's the big deal about exercising?
What's the big deal about moving your body?
What's the big deal about doing anything with moving your body?
Why do we move our body?
If we don't move our body, what happens?
It gets weaker.
If we get sloppy.
And then what happens if we get fat and sloppy?
What happens to our immune system?
You get a higher risk for COVID.
you get a high risk for sickness, period, not COVID.
Your immune system gets weaker.
This has got to be the dumbest, stupidest thing that people are doing, not realizing that if your body doesn't flip and move, you get sick.
Shutting down gyms is ruining your health.
People got to exercise.
The more you exercise, the healthier you get.
What does this have to do with kids?
Everything.
Kids go to school, they move their bodies, they get in shape, they do all this other stuff.
They're feeling better.
This is good for them.
What the kids are doing.
They got to be out there.
Now you want to shut them down for what?
So your point, just to be clear, is they should not shut down any schools ever.
Zero.
Okay.
At all.
Zero at all.
Now, teachers who are above 60 years old, let them go home.
Teachers who are 60 years old and up, let them go home.
Now, I'm not talking about teachers being over 60 years old.
Teachers who have issues with asthma, with certain issues like that, that's been documented, not all of a sudden have asthma today.
You know what I'm talking about?
You have documentation?
Hey, let's address them in a different way.
What do you mean sending kids to school?
Question, question.
Yeah.
Because I want to get, I want to cover.
School, I'm just going to go, you know, rapid fire.
You give me your thoughts real quick.
Schools, 100% stay open no matter what.
Is that what you're saying?
Kids need to be out there.
Yes, we're not talking enough about the concept of these guys.
What about gyms?
Gyms need to be open.
All gyms.
Gyms need to be 100% open.
Bars.
I don't care about bars.
So bars do what?
What do bars do, though?
Bars, you hang out and you talk and you drink.
Fine.
The bars I'm indifferent about.
Stay open, 50%.
50% is fine with that.
So 50%?
Restaurants.
Yeah.
Restaurants, 75%, 50% to 75%.
Bar in a restaurant to me is 50 to 75%.
Sports arenas, football fields, basketball courts, the whole thing.
50%.
Okay, so you do have restrictions on certain things.
Fine.
For now.
For school, you're saying 100%.
100% open.
Certain things.
What should for sure not be open?
Nothing.
Okay.
Zero.
Nothing should close down.
This is a little bit worse than a flu.
A little bit worse than a flu, Pat.
You want to do the math?
Yeah, let's do that.
Pull up the math.
As far as how many people are going to be able to do that, pull up the math.
10 times amount of people have died this year versus the flu.
What age, though?
I'm not talking about age.
Okay, listen.
School, I just want to.
Here we have an inaccurate statement.
40,000 people die of the year of the flu.
250,000 people have died of corona.
Way more people die from the flu than 40,000.
Pull this shit up right now, guys.
But, buddy, keep going with your point here.
Here's my question for you.
Is it, there's no point.
This is a question here.
Yeah.
So is it the kids that if they do get COVID, well, cool, cool, they'll be fine, but they give it to their parent or they give it to their grandparent or their aunt uncle that they live with, and then there's the ramifications of that.
Like your dad comes and visits you once a month.
Yep.
Your kids go to school.
They're fine.
No worries about Dilly, you know, about Tico, no worries.
God forbid.
God forbid they pass that along to an elder person that comes along.
God forbid they give that to your father.
That's the concern.
That's not a point.
That's a question.
Is there a concern of that?
That a kid gets sick, he gets the COVID, whatever, whatever, whatever, and they pass it along to an elder person in the family.
Let me give you a completely different point of it as well.
What's the alternative for my 78-year-old dad?
Stay home by himself for the next two years?
The hell kind of a life is that?
You don't think a 78-year-old is sitting there thinking, how many more years do I have left?
You don't think a 78-year-old's sitting there saying, which would I rather have spent time with my grandkids or sitting home by myself looking at these damn pictures?
What do you think a 70 selfishly?
Say I'm 78 years old.
Say you're 78 years old.
You got five grandkids.
You got four grandkids.
What are you going to do for Thanksgiving?
I want to say you.
You're 78.
You got five grandkids.
Thanksgiving is coming up.
Do you want to go to Thanksgiving even with the risk of potentially getting coronavirus?
What do you want to do at 78?
I'm going to tell you what I'm going to do.
I'm curious to know what you're going to do at 78.
If you're 78 and you've got, I mean, look at that.
You, I'm asking you.
Okay.
You're 78.
It's 38 years from now, 39 years from now.
You have five grandkids.
It's Thanksgiving, Christmas.
You want to skip Christmas with them?
I've spent every Thanksgiving with them my entire life.
And you're saying, hey, man, for this one Thanksgiving, you should consider maybe not traveling.
You would want to see your grandkids?
The emotional.
I'm asking you.
Yes.
Don't tell me logic.
You.
What do you want to do?
If I'm freaking 78 years old and I have health issues, that's the key thing.
Have health issues.
My dad's had 13 heart attacks.
Okay, I'd be concerned about traveling and spending time or something.
Would you rather be on shutdown for the next six, 12, 18 months and be in a room by yourself, risk that loneliness at 78 years old, and your brain is going a million miles an hour overthinking everything?
Or would you rather say, I'm going to tell my kids, please be responsible.
Please do certain things.
When I come in, I don't want to hug.
My dad and I, we talk.
When you come in, we don't hug.
So you're saying, listen, show up, but don't come give me a hug.
You don't hug.
He says, when you come in.
Okay, so this is my point.
No, it's not your point.
I'm asking you a question that you're not answering.
Okay, so here we go, but we're getting somewhere.
I'm saying yourself.
We're getting somewhere here.
I'm bringing it to you.
I'm bringing it to you.
I ask you, forget about what I'm saying.
But you just said something that's important.
But I'm telling you.
I'm saying your kids are.
I'm asking you.
I'm asking for your advice.
You're 78.
Yeah.
You got five grandkids.
Yes.
You don't see them every day because they live somewhere else because the parents decided to go somewhere else because your daughter married a guy who has a career in Jersey who's working out of D.C., who's working out of Alabama.
He got a job there.
They want to come see you.
You want to go see them?
You're not going to go see your grandkids?
Allow me to answer.
Yes, please.
Obviously, if I'm 70 freaking eight years old, 50 years from now, I would love to see my grandkids.
No question.
Okay.
What's more concerned for you?
Is it more the concern of getting coronavirus or the concern of you may never see your kids again because you're 78?
The answer is it can be both.
The answer is it can be both.
I want to see my grandkids clearly, right?
I mean, who doesn't want to see their grandkids?
But at the same time, there is something called the freaking pandemic going on.
Sure.
So as you just said, maybe your kids don't give grandpapa a kiss.
You said yourself that maybe Dylan doesn't get to sleep in the same bed as his grandfather.
Maybe he, like, what rules have you put in place?
He shows up.
Does he wear a mask?
Does he not wear?
I'm asking you.
No, listen, let me give one thing that coronavirus has done that I give the positive of coronavirus.
What is done?
Everyone's on junction?
Here's what coronavirus has done.
What coronavirus has done is the following.
Coronavirus has gotten me to pay more attention to cleanliness.
Coronavirus has gotten me to pay closer attention to when the kids are sick to not go lay down with papa.
Coronavirus has gotten me to be a little bit more careful with my dad.
When coronavirus first initially came, guess what I did?
I called my dad.
I said, dad, and I told him, I said, dad, you're not leaving the house.
He said, what are you talking about?
I said, you ain't leaving the house.
He said, dude, I'm going to leave the house and go.
I said, dad, you're not leaving the house.
I said this to my dad.
I said, you're not.
It's in March, April.
March 11th, March 12th.
I said, you're not leaving the house.
He says, I'm leaving the house.
You don't tell my dad what to do.
My dad's a very strong personality.
By the way, for the record, I love your dad.
I know you do.
He loves you too.
He's your number one fan.
All right.
Here we go.
And he says, I'm not leaving the house.
I said, okay.
I said, you're not leaving the house.
You know what happened?
I kept checking on him every day.
No, I'm here.
Do you know two months later, he lied to me?
Do you know he started working, but he didn't want to tell me?
Really?
He didn't want to tell me.
So I caught him and I called him.
We got into it.
You know what he finally said to me?
What the hell you want me to do?
Stay home?
What do you want me to do?
You want me to stay home?
I have nothing to do.
I have to do something.
I totally hear you on that.
I'm not saying that he should be sheltered in place.
He taught me.
I don't know what it is to be 78 years old.
You don't know what it is to be 78 years old.
I only know what it is to be a 42-year-old man in my situation.
And I want to hear from a 78-year-old.
He says, I can't stay home.
If I stay home, I get sick.
I have to go out and do things.
You get sick like emotionally, mentally, what?
Sick because you're not creating anybody.
The most bitter people in the world are those that don't create.
The most bitter people are the ones that are sitting there doing nothing.
If you ever find out, make a list of the most bitter people in your life and write down.
What did they create lately?
Nothing.
If you don't create anything, you get bitter.
People need to create things to be happy.
He says, I need to go out and build something.
Respect.
That's my dad, 78 years old.
So here's my question: because I'm sure we're going to have to move out in a sec.
What is your dad doing for Thanksgiving?
And what rules?
He's going to be in Dallas.
And what rules are you going to put him in?
He has a room for himself.
Okay.
And he has a room for himself and he hangs out with the kids.
While he's there, when I come in, I don't kiss him on the cheek.
We always kiss on the cheek.
And it's more fist bump.
And hey, what's up?
You know, we go in.
He tells us what he wants to do.
And he's going to be a little bit more.
Why are you doing a kiss on the cheek?
And why are you doing fist bumps?
Because he's comfortable with it.
He says, you know what?
Let's.
COVID.
By the way, he coughed in a U-cuff.
So both of you are going to be able to do that.
So I'm getting me sick.
I need to shelter.
I'm going to quarantine.
Yeah.
You know, let me say this.
Three points I'm going to make real quickly.
Number one, the shutdowns are not about COVID.
Okay.
Period.
End of discussion.
Number two, there's a certain percentage of people in this country that want to save everybody, that everything has to be safe, that there's no risk at all.
And a lot of them are governors.
And the third thing is the shutdowns we did in the spring didn't work.
These aren't going to work either.
Let's just crush some more businesses.
Let's just take more restaurants out and their ability to support their family and even live.
Let's just make gym owners bear the brunt of this.
How about you own a spa or you own a nail salon?
Oh, you're not allowed to be in this country anymore and thrive and do anything.
It's all a joke.
And it goes back to Mr. Cuomo and his attitude.
They want to control everything about everybody's lives for the sake of saving everyone.
And that's the bottom line.
So your point is everything should be 100% open.
Everything.
I'm not answering these questions.
What are you talking about?
You don't ask rational questions.
I'm asking you a question, Tom.
Rational question.
But you're not.
Should everything be 100% open.
I'm not arguing for somebody.
Ask me any question.
I'll answer it.
You're like, duck all these questions.
The question I'm asking you is very point blank, dude.
Should everything be 100% open?
I'm not a governor.
I don't make these decisions.
It's not up to me.
It should be shut down at least.
I don't set policy.
I don't look at percentages of what needs to be shut down.
I give you a broad picture perspective of reality of what's going on in this world for non-naive people.
I'm looking right at you.
No.
I'm looking right at you.
I respect what you're saying.
I really do.
But I'm asking you, genuinely, right here, looking at you, what should not be 100% right now?
Again, this is veering the podcast into a direction it doesn't need to go.
That's not about every single issue.
You just said you give your opinion.
So I'm not looking for scientific facts.
Yeah, but you just asked me for a fact.
You asked me about the fact that you're not going to be able to ask you, in your opinion, what percentage of things should not be 100% open?
I want to comment on the issues that we're talking about.
We were talking about the storytelling.
These are the issues, bro.
The country's losing its mind.
There's my mistake.
So everything, so based on what you said, everything should be 100% open.
Again, these are not questions I'm going to answer because what do you mean?
You go get it.
Because you're trying to back me into a corner that I'm not even near.
I'm not even near a corner.
Tom, Tom, Tom, Tom.
This is us talking here, buddy.
Forget we're on a podcast.
Forget it.
Forget about the audience.
Next subject.
The audience loves you.
I'm asking you, what should be not 100%?
This is not.
Listen, I'm going to help you out here.
You can even just use his notes.
Pat said bars should be 50%, restaurants, 75%.
That's fine.
Pat gave an answer.
He didn't duck out of it.
You can just say, I agree with Pat.
I agree.
Those should be the numbers.
You can get out of this and just say, I agree with that.
By the way, good mother just said the shutdowns are exposing the people in the wrong seats.
Love it.
Government should not be moms.
Meaning shouldn't be moms.
Like, hey, I'm going to take care of you and protect you.
But let's transition from this topic.
Here's my point.
Bottom line is: we're here at work every single day.
Have I ever called in that I'm in my basement today, Pat?
You have not.
If I showed up every single freaking day, do I not leave here until 10 p.m. every single night?
Sometimes midnight.
Okay, those are crazy.
I will say this.
Churches should be 50% old.
Okay, there we go.
Tom just answered a question, ladies and gentlemen.
So, if churches should be 50%, is that what you just said?
Churches need to be open.
They're not opening calories.
Churches should be 50%.
There we go.
So, there's some rules and regulations in place.
I like it, Tom.
We answered it.
I'm proud of you.
By the way, I think you guys need to go have a drink together.
Tom doesn't drink.
I would love to drink.
I'd love to get away somewhere.
Tom has never had a drink.
The one day on the podcast.
Tom, what are you drinking?
What are you talking about?
What are you drinking?
I haven't had a drink on the podcast.
What do you drink?
I like tequila and I like bourbon.
We had a one time we went to Chamberlain's and we had that.
We had some old-fashions.
It was phenomenal.
Yeah, he'll have an old-fashioned, and maybe you guys can hash it out.
There's nothing else to do.
I'm asking Tom a question and he's saying that he doesn't want to answer, but he did answer.
These aren't trick questions.
If you think I'm trying to trick you, by the way, you just answered the same question I asked.
Let's go on a softer topic before we go on a stronger topic here.
Kai, why don't you pull up what happened?
So I decided to put two of my cards at an auction.
Okay.
I have two of my cards.
I was approached by Heritage Auctions, and they put my two cards on Heritage.
This is one of them, the Wayne Gretzky PSA 10, his rookie card, 1979.
The minimum reserve, if you want to bid for this right now, it's $575,000.
It would end up costing you $690,000.
That's the next bid.
There's still 21 days left on this.
The minimum reserve on this, if you go lower to buy this card, go lower, lower, lower, lower, it's a million dollars.
The reserve is at a million dollars, and people want that card.
There's only two of them in the car.
That's the holy grail of the hockey card world.
I have no clue what it's going to sell for, but we will know by December 14th.
The next one is a TOPS card.
There's only two of these.
The next bid, right?
The current bid is $2.10, the next bid is $220,000.
With the 20% fee that Heritage charges you would be $264.
The two cards, holy grail of hockey cards on the market.
Do you set the price because they're yours?
They call me.
They came and approached me.
A lot of guys wanted this.
I had a call with Bruce McNull as well.
Wayne Gretzky, you know, the guy they won Hornets Wagner together.
Him, and he was a former owner of the Kings himself.
And I started getting a lot of weird calls.
And I bought this a couple years ago.
I sent Tecran to go pick it up, and they went to PSA headquarters, and they got the card in a brand new case.
And the guy needed cash, and I said, no problem, wired him some money.
And we got the cards.
And I didn't know what was going to happen with it.
I was going to hang on to it.
But then Heritage came up to us, the owners.
They came.
We had a meeting here.
They said, let us take the card and see what we can do with it.
We'll offer a minimum at a million and $400,000.
And, you know, we'll see what's going to happen with this.
At this point, people are starting to realize how much money there are in collectibles.
You know, a Matt, a Mike Trout card just sold for what?
$3.9 million.
I spoke to the three owners who owned the Mickey Mantle.
If you go to 1952 TOPS, type in 1952 TOPS in search.
Go to Google and type it.
Don't leave this side.
Yeah.
1952 TOPS, Mickey Mantle, PSA.
There you go.
PSA 10.
Go down.
There's only three of them in the world.
One of them doesn't want to sell.
The other one is open to it.
And the third one is asking me for $18 million to buy this card.
Click on images, and we are actually talking right now to see if that's something I'm willing to do or not.
I'm definitely not going to go to $18 million, but PSA 10, right there.
Click on the first one right here.
It's right there.
No, no, no, right here.
Right below it.
Right below it, Forbes, right there.
Click on that.
That's the card.
That was sold two years ago for $12 million.
That's an older price that they have on there, but it sold two years ago.
ESPN reported $12 million.
That is today probably anywhere between $12 to $18 million card.
$1952.
Is that a real autograph?
Or is that just?
No, that's not.
That's the card.
That's like the holy grail of cards.
The Mickey Mantle?
That owners.
The number.
No, huh, this is this has done laps over a Hunnis Wagner because Hundreds Wagner they found out that it was cut with scissors on why the quality was so good.
They said the perfect one was cut with scissors.
So that's right now, probably still worth $4 million.
What's that worth?
That's probably a $15 million card you're looking at.
So you just buy that with you buy this card for $15 million and you hang on to it for 20 years, you probably sell it for 50 million bucks in 20 years.
So you'll make 35 million in 20 years.
You may make that money better in other places, but it's like if you appreciate cards, holding on to that card is like, man, it's like Catherine Zitter Jones in that movie going and stealing the most expensive diamond in the world.
Do you remember that one movie?
What was Sean Connery?
Sean Conner, and she's going through the whole thing and showing her body with the red thing.
What was that movie?
I don't know.
What was it called?
That movie.
That's what this is.
This is the holy grill.
So Heritage asked me if you want to go back to it.
If you have any interest, you can go to Heritage Auctions, type in Wayne Gretzky.
And if you want to make an offer to add this to your collectible, this is probably going to be a $10,000, $15, $20 million card in the next 10 to 20 years.
So that's what we have there with that.
Now, for some of you guys that are traveling, your business, folks, and you're going out and you use your phones a lot, your iPhone a lot.
The other day, again, I went to Yardhouse the other day and I was at Yardhouse, and I typically use Yardhouse Wi-Fi for my iPad.
And I went to use it, and boom, I had my ExpressVPN on, and they said, oh, you got to be careful with this.
You got to be careful with this.
But then I was protected, right?
And a lot of times nowadays, folks, you have to realize this.
Again, if you're in business and you have private information, a lot of people save their passwords here, and it's the easiest way to get your password.
Here's what we decided to do: we rarely bring in people that we have as sponsors.
We're very selective.
Adam's been working very closely with the folks.
ExpressVPN is one that we feel very confidently working with.
Here's why.
Doesn't matter if you get your internet from Verizon Comcast, anybody else, ISPs in the U.S. can legally sell your information to ad campaigns.
ExpressVPN is an app that reroutes your internet connection through their secure server so the ISP cannot see the sites you visit.
Express VPN also keeps all of your information secure by encrypting 100% of your data with the most powerful encryption available.
Most of the time, I don't even realize I have it on because you just press on, the green thing comes up and it runs seamlessly in the background and it's easy to use.
And by the way, it doesn't slow down your phone, your iPad, anything.
And ExpressVPN is available on all devices, phones, computers, and even smart TV.
So there's no excuse for you to use it.
Protect your online activity today with the VPN rated number one by CNET and Wired.
Visit my exclusive link, expressvpn.com, one more time, expressvpn.com forward slash pbdvpn expressvpn.com forward slash pbdvpn.
You'll get a three-month free membership with a 12-month subscription.
Highly, highly recommend you go out there and do this with ExpressVPN.
If you haven't already done so, click on a link below in our description.
Kai, put that link in the comment section so people can go to it as well.
Thank you again to ExpressVPN.
So hockey card, a million bucks.
Wayne Gretzky.
What do you think that's going to go for?
It's right now $600,000.
$580, it's got 21 more days left.
What do you think that's going to go for?
Some are saying it's going to go in the two and a half, $3 million.
Some are saying it's going to go one to one and a half million.
What do you think that's going to go for?
The question is: what do you think it's going to go for?
I have no idea.
It's going to go for north of $3 million because someone's going to be bored and they're going to drunk bid on that thing.
And it's going to go out.
I'm going to tell you.
You're just going to drunk bid for $3 million.
I tell you what happened.
Remember the Kobe Bryant Floyd thing that was selling, that was autographed.
If you want to go back on that picture, it was only $600,000, was it?
That was $630,000, but they said it was only going to sell for like $400,000 or $500,000.
And I was sitting there bidding.
It was three of us.
Middle of the night, we're bidding for it.
And the next thing you know, I was willing to go up to $600,000, but I wasn't willing to go to $700,000.
And it sold for, I think, $650,000, $600,000, some thousand dollars.
I was very annoyed when I lost that one.
Yeah, 631 is what it's sold for.
So it's going to be interesting.
The Mike Trout, click on Mike Trout rookie card, 3.9 million.
Kai, go to Google, type in Mike Trout, Mike Trout rookie card, 3.9 million card.
Kai is killing it with the spelling.
There you go, 3.9 million right there.
Just click on it.
Go to all.
Go to all.
Yeah.
Right there.
Click on that.
This just sold three months ago, by the way, for $3.9 million.
See if they got the picture there or not.
Go back up.
Okay, go back.
You'll see the picture.
Click on, yeah, right there, Rob Report.
Go down a little bit.
That's the picture.
That card sold for $3.9 million.
Look how young he looks.
That card sold for $3.9 million.
And by the way, back in 2018, it sold for $400,000.
So it went from $400,000.
Nothing changed.
The same card in two years sold for $3.9 million.
Right now, the right cards are very good investments.
They're great.
If you get the right cards, I don't recommend buying anything that's just a regular card.
I recommend buying holy grail.
I prefer older cards more than I do new cards because new cards, sometimes it can be a lot of reprints.
But older cards, if you can get them and put them away, and if you have the money for it, it's going to make you money no matter what long-term.
I don't know anything about the card game, but whoever had that first, did they literally open it up in a package that they got at Fry's grocery store?
It's like a winning lottery ticket, and then this thing gets circulated.
That's it?
I mean, it was for sale with a pack of bubblegum, too, right?
I mean, that's unbelievable.
Old school, with the bubblegum.
And so, why is this valued so much?
Because they only had so many at the time?
Interesting.
Pat, the key word with this, you said it said heritage auction.
Heritage auction.
Okay, so you know.com.
You know what happens?
The second word is auction.
What you're hoping for is it's, you know, you're going to get bid, you're going to get bid, you're going to get, and then you're just going to have two or three people just still battling it out at the end, and they just, it becomes a pissing conversation.
Here's what you have to realize.
The other guy that owned, there's only two of those cards in the world.
One is me, one is the other guy.
It's two of us.
We both know each other.
The other guy has no desire to sell it.
Zero.
He's not going to ever sell it.
The other guy is me.
Okay.
For me, I'm not a hockey guy.
I'm an investment guy.
And Wayne Gretzky is the GOAT.
There's no one even comes close to what this guy did with his career.
A card like this, if you ever get a guy that's selling a card like this and it's a good price, even if you pay a couple million for it, you're going to be able to hang on to it for a while.
I mean, be patient.
You're going to make your money back because cards like this don't come around all the time.
So there's going to be a few people that are going to want this card.
We'll find out who it's going to be.
We'll announce it.
Matter of fact, when the auction ends, I think in December 14, whatever the date is, we'll announce what it's sold for.
I have no idea what it's going to go for, but we'll see.
Okay, let's talk about Amazon.
Amazon just put the entire healthcare industry on notice with its latest push into pharmacy.
Here's who stands to win or lose through Amazon Pharmacy.
Customers can shop for drugs and get them shipped in the mail.
Prime members can also receive discounts on the medication.
It's part of Amazon's slow but steady entry into the U.S. healthcare system.
Some healthcare companies like drug wholesalers stand to benefit as Amazon pushes deeper into healthcare, while businesses like retail pharmacy stand to lose out as more prescriptions go online.
CVS, Walgreen, especially smaller right A took hits to their stocks on Tuesday while the prime savings could very well drive some incredible volume to their shops.
Recall that the Prime discounts work in the brick and mortar pharmacies.
Two, the service puts Amazon in direct competition with pharmacies that's online business has already been hurt.
What are your thoughts?
Well, you know, now I know why Bezos hated Trump so much because it really makes sense to have people at home where they have to buy everything without leaving the house.
It's unbelievable.
I mean, this is brilliant.
CVS's stock fell 8.5% as soon as this was announced.
Walgreens went down 10.3% and GoodRX went down 15%.
It's a $4 trillion industry.
Wow.
$4 trillion, the thing.
Are old people going to feel comfortable?
I mean, what's the percentage of old people that buy pharmaceuticals?
It's probably pretty high.
Every time I go to CVS or Walgreens, it seems like they like to be in there and touching it and feeling it and talking to their pharmacist.
It's just going to be another example of what Amazon wants, Amazon gets.
And even if they get a, what, a third of that pie?
That's a lot of money.
I mean, of a $4 trillion industry, it's unbelievable how strategic Amazon is and how they get what they want and how successful they are.
Perfect segue to my point.
They are strategic, they are aggressive, and they are relentless.
Matter of fact, Kai, pull this up.
If you go to relentless.com, go to relentless.com, what comes up?
Oh my God, it's Amazon.
Go to relentless.com.
Amazon shows up.
So just to put it in mind, to put it in perspective of how aggressive and relentless Amazon is, no matter what sector, there you go.
There's some proof.
You go to relentless.com, Amazon is there.
They ain't stopping.
So if you had any questions of how big Amazon wants to get, they are the gorilla in the room and they want to be the biggest, baddest mofo gorilla in the history of any room.
What are they going to get into next is the question.
I mean, they're just looking at whatever's the biggest industry they want to get into it.
And they're doing a similar thing with Apple as well because Amazon is what Apple is.
Apple is the phone you use, but Amazon is the store you go to.
And by the way, remember this.
No one buys stuff on Amazon on iPhone.
Let me say that one more time.
You don't buy stuff on Amazon's app because Amazon doesn't sell anything on their app.
You know why they don't sell anything on their app?
Because they don't want to pay the 30% to Apple.
Everything you ever buy from Amazon, it's from their online Amazon.com, not from their app.
You cannot buy a single product on Amazon's app.
Not one product.
Did anybody know?
Did you know?
Don't explain that to me because if I go on my app, what is it?
You're saying that?
You cannot buy it.
It'll take you straight to Amazon.com.
You cannot buy a product on Amazon app to save the time.
What a brilliant thing he's got.
You cannot buy Amazon books.
When you want to buy an Amazon book, you have to go buy Amazon book on Amazon.com, Audible, and then it shows up on the Amazon app.
So they've figured out a way to avoid having to pay that 30%.
Wow.
Yeah, you got to give them credit.
They're geniuses.
They are relentless.
They are relentless.
How much is Bezos driving the ship as far as the strategy and the planning?
Is he still the guy?
I think he is the guy, but at that point, have you guys read the book, No Rules, Rules at Netflix?
Have you read that book?
It is a ridiculous book, ridiculous book that is so unconventional.
And I bet it's the kind of a book a boss doesn't want to give to their employees.
You mean the CEO of Netflix wrote them?
Yes.
He wrote it with a critic.
He wrote it with a critic that he said, I want to bring her in.
And they went and interviewed former employees who hated Netflix and love Netflix.
And they tell it all.
Every story, good, bad, ugly, they tell it.
And one thing you notice when Reed Hastings talks about how he manages his team is it's at a point right now where you simply pick a great team and they go out there and get the job done and you kind of are monitoring it and some of the bigger decisions run through you.
One of his main guys that was going and picking up the shows, he is now the co-CEO.
Ted Surrender is now the co-CEO.
They just announced him, I think, July or something like that.
He became the co-CEO of Netflix.
So, you know, companies that size, Amazon, listen, you're doing a trillion, $2 trillion a year.
When you're doing a couple trillion, when you're doing the kind of business that they're a $2 trillion company, when you're doing as much business as they're doing, you're pretty much a small country.
You're a country.
You're no longer a business.
You are a country, which means you have governors, you have senators, you have businessmen.
You have a lot of different people that help run the decisions.
But the big one always comes through you.
And what was the news?
Speaking of how big and bad they want to get, there was news a few weeks ago that they're considering looking into buying CNN, something like that.
Yes, it's a brilliant move, by the way.
Somebody asked me, would you buy CNN?
I said, in a heartbeat, I would buy CNN.
You can get your hands on CNN.
It's a brilliant movement.
Look what happened to Fox.
Look what happened to Fox.
Fox is no longer far right-wing.
Fox is no longer right-wing.
Fox is in the middle today.
Fox was the first that came out with Arizona before anybody else.
Yeah, no, no.
Fox News came out and said, you know, Biden won Arizona and Trump and all the people were pissed off saying, why are you reporting?
Fox is no longer what people thought Fox was pre 2018, 2017.
It's a lot of Fox viewers going over to other stations.
It's true.
I know you're a big CNN guy, but do you.
No, you're right.
I mean, their viewership has gone down drastically.
And I think that's like a litmus test for, you know, politically, when you get too involved and you are not flexible whatsoever in business, in politics, in media, there will be repercussions down the line.
And Fox is seeing it right now.
Yes, they are.
They're definitely seeing it.
Okay, next topic.
Bitcoin approaching its all-time high values over the past few days have fluctuated between $16,560 and $18,464.
It's not uncommon for wide fluctuations to occur with the value of Bitcoin having gained nearly 70% this quarter.
At the time of publication, one Bitcoin is worth $17,418.
The all-time high, meanwhile, was recorded December 17, 2017.
As of the morning of Wednesday, November 18, prices on the digital currency went to $18, just a few hundred dollars short of the all-time high, which is $19,783.
If you own Bitcoin, let us know you own Bitcoin.
And if you own Bitcoin, you'll probably excited right now.
So why do you think Bitcoin is getting close to its all-time high?
So do you own any Bitcoin?
I used to own Bitcoin.
You sold?
I sold.
Do you own any Bitcoin?
I don't even know anything about it, to be honest.
I own some Bitcoin.
Back in, I don't know, 2017, I threw down 25 Gs on Bitcoin, just, you know, buy and hold strategy.
So now, you know, when it plummeted over the last few years, like, I wasn't going to sell.
I didn't need the cash.
I'm good.
So I just sat and let it see how it played out.
And I, you know, I'm happy I did.
We'll see where it goes.
Now, there's some people that say that Bitcoin is going to go down to zero and crash.
And there's some people that think it's going to go up to $100,000.
But, you know, what you do know in investing, if you believe in the asset class, you buy and you hold long-term.
Where's your 25,000 app now?
In the 40-something range.
Okay.
All right.
Cool.
So three years you kept it.
It went all the way down probably to $8,000.
But yeah, it's now the $40.
Good for you for having a patience of buying hold.
But that's the whole point with investing.
If you're trying to get in, get out and get rich quick, like that's you shouldn't be an investor, be a J trader, just go to Vegas and gamble.
But if you believe in the asset class, I don't necessarily believe in Bitcoin or any of these little bit other things.
I do believe that cryptocurrency and blockchain is a real thing.
I don't think that it's nonsense or BS.
There are some legitimate stuff.
And as we've seen with our good friend Robert Kiyosaki, who came on recently, as they're printing more money and hyperinflation and just printing money left and right.
What's the term that I'm quantitative?
Quantitative easing.
There we go.
And if there's so much money that they're putting out there, then you put your money into little safe harbors.
He said he's a big fan of silver and gold and Bitcoin.
So interesting perspective.
So think about it this way.
When products such as Bitcoin, gold, you know, do well, precious metals do well, what does it tell you?
People are afraid.
People are afraid.
When products like Bitcoin and gold do well, people are afraid.
When products like gold and precious metals do well, that means we are printing way too much money.
If Biden becomes president and is no longer president, like he becomes president, gold is going to go up because they're going to keep printing money with stimulus over and over and over again.
I don't think they're going to get away with the COVID stuff anytime soon.
The moment they stop printing money and the economy is back open and people are working, you're going to see the price of Bitcoin and you're going to see the price of gold go down.
The moment that takes place.
Right now, people are afraid.
And Bitcoin is a method of protecting yourself against anything that's going to happen with the manipulation.
I mean, I've had some of these guys on a Bitcoin world on, and I don't see it slowing down anytime soon.
I don't see Bitcoin slowing down anytime soon.
Question.
You talked about it.
If you could time Bitcoin.
If you could time Bitcoin on the moment things open back up, Bitcoin will go down.
That's when you would sell.
It would sell.
So a question for you.
Now, we've seen Moderna, we've seen Pfizer, 90%, 94.5, 95%.
Whether that's a cat and mouse game, or actually, I just hope that it's real.
You talked about another stimulus plan.
I think there will be another stimulus plan.
That's cool.
The stimulus is going to help gold.
Precious metals and gold is going to do well the more money.
Okay, but you said that there might be more, more stimulus.
The more they print, the more gold.
So in my opinion, there'd be one more stimulus, and then hopefully there's places like New York and California react the way they do to COVID and keep schools shut down.
We're going to need more than one stimulus.
So let's just say there's two stimulus.
Let's say Biden's going to do two of them.
One in January, and let's just say he does one in July.
Okay, one in June.
If it passes.
If it passes.
No, but he can still do an $800 million one.
$800 billion is still plenty of money, by the way, if you print $800 billion.
These days, $800 billion is nothing.
Are you kidding me?
Unless you're talking trillion dollars.
A high roller like you put $25,000 in Bitcoin, man.
$800 billion is a lot of money.
Yeah, clearly.
I'm joking here.
But one thing to my friends out there who are, I think it would be fair to say we have a lot of Bitcoin enthusiasts that probably follow our channel, would you say?
Yes.
Okay, here's my advice to my friends out there.
I put 5% of my asset into Bitcoin.
Smartphone.
5%.
There's so many people I talk to when I say, oh, you have Bitcoin.
Hell yeah, I got Bitcoin.
Oh, you have anything in the stock market?
No way.
Do you have anything?
SP Index Fund?
No, I don't have anything with that.
You have any bonds?
No, nothing.
They're just 100% Bitcoin.
That is a recipe for a disaster.
So just quote me on that.
So if you have some Bitcoin, cool respect.
Do not let that be your only investment.
You could be in very murky waters long term if that's all you have.
Murky Waters.
What are the twins from Facebook?
The Winkle Loss?
Are those still the Winkle Boss twins?
Are they still all in?
Yeah.
They were big.
What were they?
Ethereum?
Was that their thing?
I'm sure our audience let us your thoughts know Bitcoin.
Nate Wartring just gave $5.
So Bitcoin isn't just money.
Bitcoin is entire financial industry and technology.
Good mother back at it again.
Kamala doesn't belong in any of the seats.
She needs to go adopt some children and possibly get some cash.
So he's probably a big Biden fan.
Cryptocurrency Hex did 200x return this year alone.
Cryptocurrency Hex did somebody gave five bucks there.
Let's see what the name was so I can give a shout out to Manuel.
So we'll see what's going to happen with cryptocurrency.
Do you want to talk about Moderna next?
No, here's what I'd like to talk about, if you don't mind.
Today's Thursday.
What's one week from now?
Thanksgiving.
Yeah.
That's Thanksgiving.
Is your dad coming to town?
Yeah, he is.
That's a big thing.
What are you doing for Thanksgiving?
We're going to have a bunch of people over.
We are.
Yeah.
Okay.
Well, when I say we are, you are.
Matter of fact, we're going to have probably 50 people over.
Okay.
And we're going to social distance six feet from each other at the house.
I'm excited.
And some are going to sit in the backyard, some in the garage, some second floor, some outside of the house.
Well, you know where I'll be.
I'll be in your basement.
You don't even have a basement.
You know where I'll be, buddy.
You're leading the song.
I would love to know, of course, leading the songs.
We are.
What is it?
We fall down.
Is it we fall down?
We fall down.
I thought you were going to say we cry.
Holy, holy.
I thought you were going to go with Jolene.
Jolene.
That's Dolly Partner.
That's Dolly.
Callback.
What else are we doing here on Valutainment, though, on Black Friday?
That's something that I think we should maybe bring up.
Oh, you know what?
Yeah, we are doing Black Friday.
Very excited, very excited.
Adam's spearheading this.
Adam came and changed the game with the store.
Why don't you tell us about some of the stuff?
Oh, I want you.
I mean, you got Adidas stuff.
You got Nike.
We got some new technologies.
We're launching the new Valutainment merch store.
We're working very hard on it.
Very big deal.
I mean, you've gotten a couple different ads.
You've been telling you that Valutainers have been asking you for a long, long time.
Let me get some new shipments.
We're going to get some new stuff.
But we got some sick.
We got some sick stuff.
Let's hear about what we got going on.
Let's hear about some of these deals.
Yeah, it's going to be big six.
We're going to get some sales.
They're 50% off sale.
50% off sale.
It's going to be pretty sick.
I mean, we're pretty much not making money.
The whole purpose is go sport the value taintment gear and some new stuff that you got.
It's not about us making money.
We want guys to wear it.
And it's going to be some real cool gear.
Adam, what site do they need to go on to stay updated with the Black Friday deal that's coming out?
How do people get connected with that?
That's a good question.
If you find that out so we can get the link so people know what meanwhile, let's go to the next topic with Moderna.
While you find that link, we'll put it below because I know some people want to know.
Oh, you put already in the description?
Where is it?
In the description, Vega.
Yeah, if you can go to that, you'll see.
Sorry, shout out there.
Some of the stuff we're coming up.
But you're also going to be, I think, be calling people who buy.
Yes.
You're going to be FaceTiming some.
We got a whole plan going on.
We got a whole people.
Sorry, people who played the business.
We placed some orders.
Pat is going to be calling.
We're going to be facetiming them.
Yep.
Showing off some of the stuff.
We've got to get into the ship.
And we're going to share the pictures.
We've got speakers.
We've got a Bluetooth wireless.
It's not just shirts.
Look, the best part is when people send me videos and saying, hey, Pat, look, I'm in Germany.
I ran into another Valuetainer wearing a Valutaine shirt.
Hey, Pat, I'm in Japan.
I ran into another.
It's the best stories when I say value tainted.
That's a good story, and you got to have good gear because you want people to want it.
We got some real cool stuff.
Because when you put on the, I mean, I've seen you wear your value attainment shirts, and I am an entrepreneur.
Yeah.
Right?
Obviously, I've been indoctrinated over the last six months.
But when you put that shirt on, like, what do you feel?
What are the people going to feel when you run?
The reason why Mario got the Value Tame logo tattooed on his hand, on his arm is because that's got a story behind it.
Well, people will realize very soon.
When you wear that, you're representing capitalism, entrepreneurship, free thinker, somebody that can't be bullied.
When you wear that logo, you're representing something.
People know what that logo stands for.
It's very simple.
You're independent.
You're a hard worker.
You believe in capitalism.
You believe in creativity.
You believe in innovation.
And we want more people supporting that who believe in that concept.
And there's a lot of them right now worldwide who do.
So again, I can't wait for that once we launch it.
Devon himself asked, can you do some gave $100 to do some sign merch?
I don't know why we're going to be doing that.
Why don't we think about some sign merch?
Yes, that's right.
Why don't we think about some sign merch?
That's a great idea.
Make a note of it so we can do something like that.
Stay tuned.
Kai, where you guys say something?
Devon himself.
And that's also the reason why they need to go sign up and register with the link because there will also be limited merch to make sure they get the notification when they start to do it.
That is one thing Ross did say.
We're not going to have as much as people want.
So if they don't order, it's done because a lot of it's going to be limited supply with sizes.
Correct.
So do they need to go to VTpostore.com?
Forward slash VT?
No, VTStore.com.
That's it.
VTStore.com.
Can you put the link up so we can see what it looks like?
Just put it up so we can see it.
VTStores.
It's VTStores.com.
Why don't you just put it up so we can all see it?com.
No, not like that, buddy.com.
Can you use Bitcoin to buy?
That's actually good.
Go up.
Go up.
Register.
Yeah, and then there'll be a lot of new first to gay.
By the way, can we change that shirt?
Because we're not even selling that shirt.
It's going to be a whole different gear being sold there.
Can you make sure that's changed ASAP so people see it?
But go subscribe.
There, you'll be on the limited list of people that we'll send a merch to because we kind of got to get an idea on how many people we have on that.
Okay.
Kai, what were you going to say, bud?
Oh, there you go.
Good.
Wow.
Yeah, so it's like some sick.
There you go.
Just updated.
Yes.
Real sick gear that we have.
What is this?
That's a Bluetooth speaker.
Oh, cool.
Yeah, you literally set it up.
You play the music, and it's got a speaker to it.
They do.
They do.
One thing I don't see on there is the value taint backpack.
Which is insane.
That one is really sick.
Mario does not like free stuff, but he took the water bottle and the backpack.
According to a company announcement, many are comparing the vaccine to Pfizer candidate, announced just last Monday 90%.
The founder, the founder.
One of the things I love is the fact that a lot of people this past week, you know, they weren't paying attention to what's going on with Armenia.
People are just kind of like glossing over it.
But what people don't know is Moderna's founder is Armenian.
Nubar Afeyan, founder of the flagship pioneering VC, is also the board member of Moderna, not CEO board member, but his company helped found Moderna right after Moderna announced 94.5% efficacy rate.
You know what Pfizer did the next minute?
They said, oh, we're no longer 90%.
We're now 95%.
So what are your thoughts on that?
I don't like it.
I don't find it funny.
I'm offended by it.
I have a problem with it, to be honest with you, because right now we're talking about shutting down the entire country and all the ramifications that go with that.
The silver bullet is this vaccine that's supposed to help.
Let's take it a little bit more seriously.
Okay, it sounds like a couple elementary kids arguing whose dad is tougher.
I mean, give me a break.
I mean, when you come out a day after Moderna says they're 94.5 and say, oh, by the way, we're 95, just so they can sound a little bit better.
I don't like it.
I wish there was more people that were offended by it like me.
This is the most important thing in the country right now to get us back to normal.
Have some respect for the vaccine.
That's all I'm telling you, you two rival drug companies.
By the way, how are they competing with each other?
I mean, am I going to Amazon.com now to buy my vaccine and I will be able to choose between Pfizer and Moderna?
Is it a marketing battle between these two?
How about we just give some respect to Donald Trump through Warp Speed, Operation Warp Speed, that is getting this thing done so quickly so we can hopefully get this country back to normal.
Wow.
Kudos to both of these companies.
I mean, I'm not, I don't, I don't, you're assuming that there's some fun and games going on here and then I'm at 94.5.
I'm at 95.
I'm at 95.
I'm not going to be.
It's bad optics, man.
I don't like it.
I'm just saying.
I'm hoping they're both at freaking 100%.
No, no, but for somebody to say we're at, you said 90 a week ago.
Okay.
Then Moderna says 94.5.
Then a minute later you say, oh, we're at 95 now.
Well, maybe they're improving.
I would like to say that.
Well, maybe Pfizer's watching too much of bogey nights with Dirk Diggler.
And one guy says, what do you bench?
180.
What do you bench?
185.
What do you squat?
220.
What do you squat 25?
I thought you were going someplace else.
No, no, no.
Pfizer's watching way too much bogey nights.
I'm just hoping that this isn't an elementary game.
And there's actually, I assume, again, some science behind this and that they actually are 95% because they probably had to fucking show the 95% results.
They're not just saying it.
So we'll see if they actually have the results.
We'll see.
I hope for everyone's sake, they are both at 100% in the next week or two or a month, whatever it comes down to.
I'm hoping by the end of the year, we do have a vaccine.
Well, nothing is 100%, buddy.
They're not going to get to 100%, just so you know that.
What can they get to?
99%?
That's like yesterday when you said 100% Trump's not going to win.
Okay?
Trump's done.
Trump's done.
By the way, what did he say?
He said 100% Trump doesn't stand a chance, right?
Is it 99%?
I said I'm not betting on it.
Do you know how much money people owe me that haven't paid me yet?
Let me ask you.
What is about 10 G's?
Let me ask you a question.
I'm not about 10 G, but I got a question.
Tom was at 25%.
This guy said 35%.
Tom's living in fantasy land over here.
He thinks Tom going to be the problem.
We had a conversation.
The conversation was.
Conversation was, what are the chances of Sidney Powell, Rudy Giuliani, the attorneys to be able to prove that Trump is still attorney, still as president, right?
Tom went from what?
28% to what?
33%.
33%.
What's higher?
What is mine?
You've been sticking at 5%.
I'm at 5%.
But what's yours?
I'm at 0.00%.
So you're 0%.
So watch this.
So I yesterday offered a bet.
I said, if you're 100% that he's not going to, why don't we make a bet?
Yeah.
$10,200.
No, that's.
You said $10,000 to $1.
Let's do $10,200.
That means if you're 100%.
I don't need the $100 that bad, bro.
But by the way, let me ask you this.
Once Trump is out of office, I got 10 G's coming up.
How about 100,000?
Pay my damn money in my barbecue load.
Wait a minute.
Wait a minute.
How about 100,000?
No patients.
Okay, so let me ask you a different bet.
Here's the other bet for you.
Okay.
What are the chances of you, Adam?
Nothing wrong with that.
What are the chances of you kissing a man one day?
Is Mario including this or no?
He is.
Because it is Mario's in it.
I don't know.
What's the chances, honestly?
Less than 0%.
Okay.
Are you willing to bet on it?
How much you bet?
Are you willing to?
Let me ask you a question.
Let me ask you a question.
Do you understand what I'm saying?
How much do you bench?
What do you bench?
Do you see what he's doing?
Do you understand what just happened here?
So he said.
He says 100%.
He said 100%.
So you're willing to bet there's no way for the rest of your life you're ever going to kiss a grown man in the lips.
Again, where's Mario at?
Let's see where he's at.
I'm good.
I like ladies.
You are.
Even though I'm a soy boy, I do like you are so funny.
But what do you bench, though, Pat?
I have no idea.
I'm asking you probably bench three plates right now.
What is that number?
305 or 315?
How much?
3225 plus 93.
315.
315?
Yeah, I could bench 35.
I benched 316.
See, I believe you.
What's up?
That makes sense.
You watch a lot of boogie nights.
You watch a lot of boogie nights.
Not for the bench pressing, though, Pat.
I watch it for other things.
Remember one thing about this vaccine.
It's not one shot.
You just don't go get the shot and you're done.
You're doing two shots.
It's two shots.
It's two shots that we got.
By the way, you know what I forgot to do?
So I got all these gifts for Matt.
It was his birthday, October 34th.
I got him a McCallum bottle.
I got him all these cigars.
I was supposed to give it to him when he was here.
I totally forgot.
The cigars are sitting over here.
Matt, if you're watching this, buddy, I got to send you a gift.
I got you gifts, and I haven't given it to you.
It's been sitting here for a couple weeks.
Mario, can you make sure Z sends those gifts, the bottle and the cigars over to Matt?
Because Jennifer brought it and just remember she remembers to send that over.
Again, Matt, man.
Totally forgot to do that with Matt, but we'll do it.
Okay, so let's see what we got last year.
How about Airbnb?
You want to go Airbnb?
I don't know.
We can touch it real quickly.
You want to go for it?
Why don't you lead it with Airbnb?
Go ahead.
Okay, so they're going public.
They have an IPO coming up, and their revenue has dropped 72% up until June.
Their last filings, their revenue was down 72%.
This IPO is going to have them valued at 30B, 30 billion.
You know what?
I don't like Airbnb.
I don't like the idea of going into somebody else's house.
I think it's weird.
I think it's creepy.
If you dig a little bit deeper on this story, one of the reasons they're going to the IPO is because they had promised a lot of their executives their stock options and they're going to expire at the end of the year or six months or whatever.
So that's kind of leading the way so some of these initial guys that have worked for A, B, and B can get out and make their money.
Same thing.
And plus, they've been borrowing a ton of money lately just to keep afloat.
I think it's a bad business model.
I don't think going forward people want to stay in other people's houses.
I've looked at Airbnb online.
I don't like it.
I mean, you're looking at these rooms.
They're creepy.
I mean, it makes no sense.
Have you ever stayed in Airbnb?
I think I have one time.
I have one time.
It wasn't a great experience.
I prefer hotels, nice hotels, by the way.
And here's my last thought on this.
Adam, take it from here.
No, you were killing it.
You're killing it.
Are you going to say something or no?
I think I got distracted.
I was thinking about something else.
Oh, yeah.
Here's my last thought.
I mean, it makes you think that these IPOs are just rigged for the investment bankers and the people that have access to get in on it to make money.
It's not so much that they think this is a huge play for the future, period.
Yeah, I've used Airbnb.
I've done it in London.
I've done it in Paris.
I've done it in Rome.
I've done it in Amsterdam.
I've done it in New York.
No, no, we're asking where you've stayed at, not who you've done or where.
You said you've done it in all these places.
It's a family show here.
I've done it in all these places.
Well, that's probably the best.
Have you used Airbnb before?
Yeah, well, yeah, hello.
Okay, got it.
Yes, I've stayed in Airbnb a lot.
For some of us, English is literal.
We think when you say done it, it's something.
Let me tell you something.
Adam bragging about Mario Adams bragging about every single time he has to brag about the women in his life.
There's my boyfriend Mario.
He would kiss Mario.
He just said a specific, I wouldn't not put money on that.
The guy's very enticing.
Tom says he won't keep it.
But I'll give you an example.
I mean, obviously, I know Tom is not a fan of Airbnb, but there's millions and millions of people who are using Airbnb.
I'll give you a case example.
We know we're a shout out to the BizDoc who used to do case examples.
I went to Amsterdam.
I was with a girlfriend of mine at the time.
And a buddy of mine is like, I'm getting a hotel.
It was $400 a night for a very decent hotel.
Very just decent hotel.
You had a little shoebox.
I was with me and my girl for like 200 bucks a night.
We had a sick apartment in Amsterdam.
Sick.
Half the price, two-bedroom, ridiculous spot.
There was nothing creepy going on.
It was like, it was just a dope spot.
So if you can save money and stay in a better spot, this isn't like five years ago where it's just like, you know, I don't know what's going on.
Like they got maid service that coming in there.
There's people who do this very professionally.
So you can, what happens is like, just like an Amazon, you can see this is a five-star rating.
This is a four and a half star.
This is a two-star.
All right.
If it's a two-star, I ain't staying there.
But if it has a four-star, four and a half, five-star rating, the place is sick.
Do they?
Sick.
And you can get it for half the price of what a hotel would be.
Here's my biggest problem with it.
You know, you get on a plane right now and you get these people that take out their wet wipes and they wipe everything down, you know, the tray table, the whole thing.
How are people feeling comfortable going into somebody's house now in COVID?
I think it's a terrible idea for the IPO for this country.
It just makes me think that somebody's that the exact same thing of being in a hotel room?
Like there's multiple, multiple, multiple people being in a hotel.
Much different.
The cleaning staffs in the hotel.
But my point is they do have cleaning staff at Airbnb's.
I know they make it.
But it's so many people that can go on Airbnb and have their house rented out, right?
There's only one person at a time.
In a hotel, you can have dozens of different random people.
If you go in a hotel that hotels you like, you could have literally 100 different people staying in a hotel in that same bed in a given month.
But it cleaned up between each one.
You don't know.
No, you're not listening.
They have maid service and they have cleaning services that come in and clean the Airbnbs.
And this is why they have ratings.
Just like you go in a hotel.
Like I'm a big fan of hotels.com.
You go on hotels.com.
You can see, all right, I'm going to get this hotel.
This is a five-star hotel.
Sick.
I get a good deal.
Oh, it's a two-star hotel.
I'm out.
I'm not staying there.
So Airbnb has seen what the hotel industry has done.
They've stepped their game up.
And this is clearly why people, millions of people all across the world embrace Airbnb.
I think Airbnb is here to stay.
Yeah, so you guys can hash it out on what you want to stay when we travel next time.
But Airbnb.
Tom won't be staying anymore.
Tom, you're going to be sleeping in a hotel bed that literally Is Shonda comfortable with Airbnb or no?
Are you guys on the same page with that?
No, she's very comfortable with a luxury hotel.
Okay, got it.
All right, so she's, you guys.
Tom's comfortable with what Shonda says was that.
When it comes to travel, I call the shots there.
Oh, that's very good.
That's respectful.
Okay, so Airbnb brought in $2.5 billion in revenue in the first nine months of the year, this year, down from $3.7 billion last year.
So they're down $1.2 billion.
They took a hit.
It's net loss more than doubled during the period to $697, net loss.
Net loss $697.
And they're going at a valuation of what?
$30 billion?
You're talking about 10 times their top line, 12 times their top line revenue, not even 12 times their net profit.
They're not even profiting.
And they're going at a $30 billion valuation marketplace.
This tells you the public market right now is interesting when people are going out there.
And from June 30th in a three-month period, their revenues dropped 72%.
So the market apparently is saying, look, we don't care if you're not making any money or not.
We're still willing to value this thing at $30 billion.
And if they can get away with that and do it, look, more power to them.
If they're going to get it, if people are willing to buy their shares at a price like that, more power to them.
I just think right now, I don't see that business model doing too well anytime soon.
But again, we'll see what's going to take place with Airbnb and their numbers there.
Obviously, during a pandemic, places, things like that.
I mean, the hotels are getting crushed.
It's not like homelessness.
They're getting cameras.
It's not like the airline industry is doing well.
None of these industries are doing well right now.
By the way, you mentioned BizDoc and Amsterdam.
BizDoc probably knows more about the products that people use freely in Amsterdam than anybody you've ever met in your life.
He could do a case study on weed like no other from the professor standpoint.
Shout out to our buddy there with his math was off in Pennsylvania, but we'll cut him away.
He's like, who's one?
He's on his own.
His math wasn't off on Pennsylvania.
Something happened that night when he went to sleep.
We don't know what happened that night.
They called counting the votes.
We don't know what happened that night.
We don't know what happened.
They counted.
Apparently, 100% of the votes they counted was on one side.
Apparently, 100% of the votes they counted was on one side.
But we will find out here soon.
Anyways, gang, if you enjoyed the show, hit that subscribe button and the alert button.
And stay tuned.
We will be back again next Tuesday.
I'll be doing it again next Tuesday.
He brought some of the products, Adam, real quick.
Let's show some of this stuff before we leave for some of you that are still here.
Next Wednesday, this is really cool.
These are the headphones that they get, the wireless headphones.
We got some real cool battery packs.
This is one that's a battery charger with a speaker.
So you charge your phone, and at the same time, you're listening to music.
And then we got the presentation folder that you have with the value team and logo under the signature one.
It's like the black and black monopoly backpack with the logo.
Oh, this is sick right here.
This is the Bluetooth.
I use this thing.
You sit a next day.
And by the way, it's heavy.
If you feel it, it's heavy.
You can put it anywhere.
Link your phone to it.
Play your Spotify.
Play your podcast.
Listen to our podcast.
Listen to any music you want.
Mini Bluetooth.
Limited merch will be launching next week on Black Friday.
First come, first serve.
And we'll announce it again next week.
But go to vtstores.com.
Again, VTStores.com.
Subscribe to the newsletter.
So you're one of the ones we send the information to to get this limited merch that we're launching next Friday.
Having said that, gang, have a wonderful weekend, everybody.