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Patrick Bet-David Podcast Episode 67. Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N
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The Bet-David Podcast discusses current events, trending topics, and politics as they relate to life and business. Stay tuned for new episodes and guest appearances.
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Patrick Bet-David is the founder and CEO of a financial services firm and the creator of Valuetainment, the #1 YouTube channel for entrepreneurship with more than 3 million subscribers. He is the author of the #1 Wall Street Journal bestseller Your Next Five Moves (Simon & Schuster) and a keynote speaker.
Bet-David is passionate about shaping the next generation of leaders by teaching the fundamentals of entrepreneurship and personal development, while inspiring people to break free from limiting beliefs to achieve their dreams.
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Adam Sosnick: https://bit.ly/2PqllTj
Tom Zenner: https://bit.ly/3jJ93CN
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#PBDPodcast
00:00 – Start
01:10 – Father of 89 Kids
05:32 – Fly to space with Jeff Bezos for 28 million dollars
14:06 – CNN banned Clay Travis but welcome Jeffery Toobin
19:49 – Lawyer gets stuck on zoom filter
21:49 – Media outlets
36:32 – Hillary Clinton Emails
41:26 - Wokest Warrior
52:44 – Stoicism
54:16 – Netanyahu out as Prime Minister
1:05:48 – NBA Predictions
1:06:40 - How politics has changed
1:14:50 - Inflation expectations
1:21:02 – The Richest Americans pay almost no taxes
1:34:30 – Everyone has different dreams
1:39:27 Jeff Bezos eating Mona Lisa
1:43:56 – G7 Summit
We miss you so much that Adam's still playing the ads in the background.
I apologize.
But it's good to be back, fellas.
Adam, Tom.
Yes.
We've been away last week.
We decided to take a long vacation just traveling.
How was Italy?
I got to know.
The people in Sicily were fantastic.
Incredible.
We had a good time.
We had a very, very good time.
We'll see what's going to happen.
What was your favorite part?
The pasta, the dishes, the food.
The food was ridiculous.
Unbelievable.
The food there.
Next time you go to Italy, maybe you take some fruits.
I don't even want to tell you stories of it.
I don't even want to tell you stories of it.
The Sicilian people are very.
I don't even want to tell you stories of what happened, but it's going to be interesting.
Welcoming people.
Yes, it's going to be interesting.
It's amazing.
So no.
Well, it's good to be back.
First of all, we got a lot of crazy stories, but the one story I thought it was important for us to start off with is I think you needed an inspiration.
I think like Adam, I was thinking about what would motivate Adam.
Yeah.
There is a man in India that I think could be Adam's Tony Robbins.
You take it where you can get it.
Can you put the story up, please?
I think it's a very important story that just was introduced.
And by the way, maybe father of 89 kids.
World's largest family dead at 76 in India.
Can you imagine at 76 years old, the guy has 89 kids?
Okay.
Do you think that record will be broken?
89 kids.
I mean, you think someone's going to pull off a Will Chamberlain and get 100 kids?
I mean, do the math.
I mean, you've got to have a triplets every year.
No wonder India's got one and a half billion people.
I mean, at this pace, they're going to be at 10 billion in no time if people get inspired by it.
Here's his biggest problem.
How many ex-wives does he have?
Holy crap.
I mean, that system.
Say that again.
We can't hear you.
You've got to hit the...
A lot of child support.
But do we actually know how many wives he has or no?
Like, how many mothers?
Oh, that took at least 10 women.
There's at least 10 women.
You think so?
Yeah, I want to know the over-under.
At least, what do you mean?
Each woman was having nine kids of her own?
Yeah.
I think there was like 15, 20 women.
Dude, listen, everybody's claiming like Warren Betty's the biggest player or Will Chamberlain.
This guy's got a, what's his name?
Like, you know, he's the only one not smiling.
Can we read the reporting?
The most prolific father in the world of Pastor Warren Chana was a head of a polygamist.
Oh, 38 wives.
Okay, got it.
38 wives.
38 wives.
There we go.
89 children, 36 grandchildren, making him by some reports the head of the world's largest family during his lifetime with heavy heart.
Mazuram, but fell over to Mazurin.
I don't believe the head world's large.
89 kids.
Oh, he lived.
Did he die?
Yeah, yeah.
He died.
76.
Well, I mean, think about it.
He's sitting there thinking about, he's sitting there thinking about 89 kids he's got to take care of.
Here's a question.
Yeah.
Over-under on how many of his own kids' names he remembered.
I'm saying 50%.
Maybe 50%.
I think after 10 kids, he called them numbers.
11.
How are you doing?
Hey, 64.
Hey, good to see you.
It's extra good.
Let's have some lotion.
God.
64.
Or how like George Foreman named all his kids George Georgino Georgie.
You know, George is worth $400 million.
That grill was good for him.
I think it's worth it.
I think good for him that he's worth $400 million.
I think it's a great success story.
But anyways, I wanted to kind of motivate you a little bit.
Thank you.
That's Phony Robbins right there.
That story would have inspired me.
So if you start now, it might only take you about 50 or 60 years.
Yeah, I got to get another couple dozen women in my profile.
It's going to be an investment.
Can you imagine having that many kids, though?
Like, what is 89 kids?
What is the outcome of that to have that many kids?
If someone had told me what the world or asked me what the world record is, I would have said 30.
But 89?
That's unfair.
You know what is an impressive record, though?
What's the most kids a person's had with the same partner?
That's what's an impressive record to me.
Probably in the 20s.
It's probably in the 20s.
Like, yeah, you went out of 40.
I don't think you can do 30, and it's got to be more than the teens.
It's in the 20s somewhere.
So you're saying the same woman giving birth?
Yes, yes.
I believe it happened.
Some mom and dad.
Same mom and dad.
What's the most you know?
The most I know is 15.
Same moment.
Same woman.
Yep.
Same mom and dad 15.
I'd have to say 12.
I don't know if I know anybody that higher, that much higher than that.
What's the most you know?
Four.
Yeah.
I mean, you're about to have a fourth baby, so that's a lot.
You're like number one for me right now.
This guy's got three.
You got four.
I got two cats.
Next thing you know, we got a polygamy friend.
The challenge is to be able to manage two cats.
That's difficult.
It's tough.
That's a challenge and job out there, but someone's got to do it.
Okay.
I've got six women helping me raise two cats.
It's tough out there.
Oh, listen.
Did you send your birthday card yesterday or no?
I know you're like Donald Trump?
Yeah.
Yes.
You did?
I had some arson in it.
It was not a big deal, but happy birthday, Donald.
Well, you could have driven down there and just had lunch with him.
Yeah, well, it was funny because when we were doing the thing of the breakers, I drove by Mar-a-Lago multiple times.
I gave a wave.
There's a big American flag there.
Respect.
I do love America.
He loves America too.
You know, some people might say that.
But he loves a different America than the America you love.
He loves the MAGA crowd.
He loves.
I like just normal people.
Yeah.
A lot of your normal are becoming weird nowadays.
They're also very, very woke.
And I think with that being said, let's just go into that story.
I think that's the story to get into.
So look, typically we'll go into a bunch of random stores.
We got a lot of crazy stories.
Travels back at 2 million people a day, according to TSA, which is fantastic news.
If you want to take a flight to space with Jeff Bezos, you can do it for $28 million.
Is it even worth it, by the way, to $28 million?
You know, I can't, when we get to that story, I'll tell you what they're going to do.
It's interesting.
For someone, it definitely is worth $28 million if you're a billionaire.
Here's a question.
If you're worth a billion, would you spend 2.8% of your wealth to go to space?
If I love it.
You would?
If I loved it that much, if I'm a space enthusiast?
I'm asking you, though.
Do you have any desire to go to space?
Any desire?
Calm down.
Listen, when you're that wealthy, when you're in the billionaire club, it's all about clout.
But what I'm asking you is at what, because to me, it's all a percentage conversation.
That's all it is.
What percentage of your wealth are you willing to spend to go into space?
What percentage?
Yeah.
Do you know what I'm saying?
That's what I'm asking.
Like, meaning, if you're $280 million cash, would you spend 10% of it?
If you're a billion dollars, would you spend 2.8% of it?
At what percentage are you willing to spend?
I'll go ahead.
10%.
Okay, so at 280, you would say yes to it.
I'd say, yeah, exactly.
Interesting stuff.
How about you guys?
That's a gambling number.
I don't even know if I'd want to go to space.
Okay, so that's the question, whether you'd want to go or not.
I have no desire to go into space at all.
But if somebody said, hey, would you want to take the private jet and go to the NBA Finals, the World Series, the Olympics, the Super Bowl in one year, I'd do 10%.
If I would go to space, what would you spend?
Let me ask you a question, folks.
You're listening to this.
You're worth a billion dollars.
Matter of fact, forget about, you're worth a billion dollars.
Would you spend 28% of your wealth to go into space?
Thumbs up if you would.
Thumbs down if there's no way in the world you could care less about going into space.
Right now we're at 60.
Let's see what the ratios are going to be.
Let me tell you why it's a big deal.
Tell me.
Because you know when you enter that billionaire class, it's all about clout.
I got the richest this.
I got the biggest boat.
I got the fastest car.
I got the Ducati.
Whatever it is that you are chasing with the clout chasing this.
Now you're going to freaking space, bro.
What?
Or you could say, was that even a thing ever on anyone's mind?
Now you get to go to space?
Even if it's for 11 minutes, apparently?
It's overrated.
It's 11 minutes.
Are we talking about this story right now?
Let's go right into it right now.
Here's the deal.
You also could be the only billionaire to die when your parachute doesn't open.
There's a 1% chance of it.
Man up, Tom Zenner.
Man up, please.
Jesus Christ.
You know what?
Cheese and Ras, Tom.
If we're on this topic, wouldn't it be interesting to know who the guy is?
They haven't figured it out yet.
They haven't announced it yet.
So $28 million he paid in this auction.
I say it's Richard Branson.
Would that be the ultimate publicity stunt ever?
He hops on board Bezos' ship and just steals all the thumbs up.
There's only one bigger publicity stunt.
If it's Elon Musk that did it, boom, we got roommates going on.
That'd be hilarious.
You think you're beating me to space?
Because that's the whole thing.
That's hilarious.
Bezos is meeting Musk in space.
Next thing you know, Elon shows up in his back.
Do you like speed?
I think I would be very curious to do it.
Kids are under 10.
I'd probably do it if they were above.
If the youngest was above 14, they had plenty of the dad they need.
I would probably do it.
No, that's probably how it processes.
So you're factoring risk and Godfrey.
I'm factoring in the value of a father figuring a kid's life.
After 14, if I die, they got plenty out of me.
If they screw up after, that's on them.
Why 14?
I think that's a good age.
I think after that, at that point, you're not listening to your parents anyways.
You're going to do whatever the hell you want to do.
So if I've taught you whatever I taught you until 14, you want to do whatever you want to do.
If it didn't work, you know what?
My teaching sucks.
I'll move on.
Think about it, Pat.
They have hundreds of hours of your videos to absorb you the rest of their life anyway.
But Bezos was.
Hey, Bezos was brilliant how he did this because this capsule is cool.
Two-thirds of it is Windows, right?
So it's all set up for future tourism in space.
Two-thirds of it's so that's the whole idea.
So what they're going to do is they're going to go straight up.
They're going to hit a speed of 2,300 miles an hour, which is three times the speed of sound.
Like that.
Okay.
So it burns off all the fuel.
It can't go any higher.
So I think it's about 64 miles up in the air.
That's where you kind of enter this space area.
So then they're going to be weightless.
Then they take off the seatbelt.
They can float around for about two minutes.
And then they can take their pictures and they're going to look throughout the windows.
They're going to see Earth.
They're going to see the round Earth in the background.
And then they come down.
And then they're thrown out with parachutes.
That's how they're getting down.
And they're going to land in the West Texas desert.
20 miles an hour is what they'll be hitting the ground at about with these parachutes.
So, you know, they've done it many, many times without humans.
So this is the first time.
And by the way, NASA has calculated when you go into space, there's a 1% chance you die based on how many space flights we've had and how many people have died in space.
So it's a lot riskier than going up in a plane.
It's a total ego boost for whoever is doing this.
It would be cool, I guess, if you do survive.
I just don't have, I don't need thrills.
I'm not that guy that's looking to go into space and come on back down.
There's some things to do on Earth.
1% is their bad.
If it's 1%, I may actually do it today if it was a 1% chance.
1%.
I would do it.
I would do it if it's 1%.
28 million bucks?
Yeah.
Yeah, it is definitely something on you.
Can you imagine you go for a job interview?
So can you put us what you have only one thing you've done in your life?
Tell us about the last year of your life.
Forget HagenDaz.
I know it's impressive.
Forget Burger King.
Forget about the fact that I was in Morgan Stanley Military Bally.
Sorry.
I went to space with Jeff Bezos.
Hey, here's the question we should have asked.
Pat, if this was a matter of time.
Customer service, head of customer service.
That's why you didn't do the podcast last week because we would have said, house, space.
Which one are you picking?
I chose the house.
Good call.
As of last week, I chose.
Congratulations, man.
Hey, I appreciate you.
I'm glad that you announced that.
I'm excited about it.
For someone that is not interested in doing space whatsoever and isn't interested in the thrills, Tom Zenner certainly knows every freaking detail of what's going on with this space.
I think deep down inside he wants to go, but I think he's also looking at he's got kids and he wants to see what Joshua is.
Johnny wouldn't sign the permission slip.
I want to go to space shutters.
Sorry, honey.
You can't go.
We're not signing.
I'm not going to do it.
You have to do ditch power.
You have to do ditches this weekend, Tom.
Don't act like that.
Two-inch dictator has that much power.
She actually does.
She's actually very, very powerful.
You want to retract that statement because she's going to hear it.
Five, three.
Five, three.
He's acting on.
Oh, tough.
She said she's not done growing.
She's almost five.
She's not done growing.
I hold down hope.
So, here's the next question because obviously you said 1% risk of Jeff Bezos is going to space with his brother and whoever this $28 million winner of the auction is.
Respect.
I don't know who it is.
They haven't announced it yet.
Obviously, the 99% chance that everything will be okay.
Let's talk about that 1% chance.
How much life insurance do you think Jeff Bezos has?
How much estate planning do you think he's done?
Do you think he's got a billion dollars of life insurance?
Can you even get that much?
The reason why I know he doesn't have a billion dollars of insurance is because the record of the biggest policy sold was $210 million, some number like that, that went to Guinness.
But no one knows who the 210 was.
Some say speculated was Bill Gates.
Some say it was one of those Buffett or Bill Gates.
So I know he doesn't have a billion dollars of insurance.
But at this point of the game, you know, insurance at that level, you're worth a couple hundred billion dollars.
His insurance is he still owns Amazon.
His insurance is obvious.
His insurance is working with DC.
His insurance is Washington Post.
That's his insurance policy to make sure the estate taxes don't go against him, et cetera, et cetera.
That's his insurance policy.
Anyway, so in this, at this table, you're not going.
I'm going.
You would go.
I'm in.
I would go.
Kai's not going.
So you guys would run the podcast.
We'd be out there hanging out with Jeff.
Let's see what happens.
Let's go.
$56 million budget.
We could raise that kind of money.
I got an idea.
Speaking of that 99%, 1%, I'll put down 1% down payment.
You take care of the rest of the 99% of the $28 million.
Your level of dealing.
We got a deal.
I got to tell you.
I feel like we can meet halfway there or 99% of our business.
You're a semi-genius.
I don't care what anybody says about you in the comment section.
You're a genius.
Well, here's the problem.
He gets 10% of the parachute, right?
Yeah, what I would do is we would do the 1% 99, but you get to sit outside.
So you get like a good view from the outside.
It's even better 2,500 miles an hour.
Can you imagine the whole, what do you call it, when the lips come back?
We see when we were going to fight.
Oh, we lost Adam.
There's a parachute in space, but it doesn't mean in space, there's no gravity.
So he just keeps going and going and going.
And all of a sudden, you run into a land in a place where it's like Earth, and aliens fall in love with you, and Adam becomes the king, the ruler of that planet.
Yeah, I'm in.
And he'sauce.
Yep.
And he has 90 kids.
King Sauce.
New nickname.
No more soy boy.
King sauce.
Breaks the insurance.
The soyboy community might get upset.
All right.
Let's see what we got.
Okay.
So apparently Tom is really emotionally attached to the Klay Travis story with Saint Boobs and First Amendment and whatever happened with Jeffrey Tobin on the Zoom who got caught.
Was he publicly, did he actually, was it like live when he was or no?
He was tubing that thing.
His Zoom or his CNN colleague saw it.
It was either CNN or the New Yorker that he was on the meat eating with, but no, they saw it.
Yeah, for sure.
They saw him masturbating while he's doing a Zoom with his colleagues.
Yes.
Yeah.
And then they fired him and they brought him back.
Right.
But Clay Travis got fired because he said the only two things I trust is in the First Amendment and Boobs.
Boobs.
Yeah.
And he said him.
And they canned him.
What do you think about that?
What do you think about that story?
So what's the story here?
So go to it.
I'm going to go to page four.
You know, he got canned by the New York job, he got canned.
But CNN brought him back after seven months.
He said he went to therapy.
What kind of therapy do you go to after masturbating on Zoom?
I mean, is there some sort of special camp you go to to learn not to do that?
I know billions of people that need to go to therapy.
No kidding.
That business.
There's a big business for it.
If it's bigger.
What they do is they tell them how to adjust their camera, right?
So they don't.
Oh, my gosh.
Anyway, you know, here's the problem with it.
I like Toobin's work.
You know, I do.
Should he be let back?
I'm going to say yes.
I say, why not?
Because here's the, I'm not surprised that he's back at all because CNN caters to one particular audience, someone that believes everything they say.
He's part of that roster.
Of course they're going to bring him back.
They're not going to make him pay a price any more extensively than he has to.
You know, he did the book on the O.J. Simpson trial back in, you know, I think in the early, like around 2010, 2011, that book came out.
And that's what FX based their special series on, that OJ series, which was phenomenal, the one where David Schwimmer played Robert Kardashian.
John Travolta was Robert Shapiro.
I like his work, you know, and I think CNN was smart to do it because their ratings are down 39%.
That's a scary thought.
39% down since Trump left office.
So they've got to do anything they can to get a little bit of mojo, a little publicity.
And this helped them.
So I'm not shocked they brought him back.
I kind of like Toobin.
I like his personality.
And look, would I come back if I did something like that?
Hell no.
You wouldn't come back.
I mean, I think I just want to crawl under a rock forever.
I think at that point you are so shameless you could care less.
Probably, really.
You could care less.
Listen, yes, what do you want to do about it?
Do you want to hire me or no?
I do what you do, except I got caught on camera, you did it privately.
What do you want to do with it?
Adam Spotted.
That's pretty embarrassing.
Well, I mean, what's the, we watched the video of this guy, Klay Travis.
Look, I don't understand the correlation here.
Like, what Clay Travis did, who I never heard of before this thing.
I went to him.
You don't know who Klay Travis is?
I don't know who that is.
He's about to replace Rush Limbaugh.
Okay.
He's with him.
He's a sports.
He's like a, imagine a Dave Portnoy style, except a more out public supporter of a Republican ideas.
Well, let me tell you something.
I actually agree with his stance on the First Amendment and boobs.
I love the First Amendment.
I love that I can talk about how much I love the First Amendment.
And I love that the fact that the First Amendment allows me to say that I love boobs too.
I'm with you, Clay Travis.
So I think I'm on Team Clay here.
I'll let my man Zenner do his little wank thing with Toobin.
You can get Toobin with him on the left and the right.
And I'm just going to stick with Klay Travis on the boobs.
If you want to, you know, hang with Sydney.
Shonda just texted you.
She's probably going to tell you, get off the podcast right now.
Watch out.
Do the dishes.
Watch it.
Do the dishes.
So you're siding with Klay Travis right now.
I don't understand.
Shauna, if you're listening, hello, Shauna.
Looking forward to seeing you.
Number one, when this guy, Klay Travis, basically appeared on the program, that was in 2017.
Toobin was doing his thing in 2020 during the whole Zoom-a-thon.
So, I don't...
Toobin was an actual correspondent, anchor, whatever.
He had his own calling this.
He's okay, but he's on.
He's consistently.
You know what's the thing, though?
The way CNN did it to allow him to, the lady, did you see the interview, how she interviewed him?
She's like, she was shocked.
Toobin, let's just go in it and cover this here.
First of all, I think you're pretty embarrassed of what you did.
And she's putting words in.
She's like feeding him the words.
Oh, it's a good one.
And, you know, last year in Zoom, while we were having this Zoom, when we went off, your camera stayed on.
And when it stayed on, you were, can I say this?
You were master base.
Yes, I was, and I'm extremely apologetic to it.
And, you know, you should see how it is like an apology.
Like, so they were kind of helping him to come back and redeem and gain fans.
But, you know, for the rest of his life, he's going to be like, you know.
Is he part of the crowd with, who was that one?
Heavy Herman.
Peavy Herman.
Is he part of that community?
Yeah.
Yeah.
That's part of the community.
Probably bigger.
So I think we should send him a Peavy Herman shirt.
We should send him a gifter.
It shows you how stupid it is.
It really, really, how stupid they are.
The smartest thing they could do.
Adam's sitting to your left.
The smartest thing they could do is keep Klay Travis on as a guest every now and then because it would give them something to talk about the rest of the day.
Turum got fired.
Klay Travis got fired.
I mean, that was 2017.
That's four years ago.
Why is that even news right now?
Well, no, no, no.
Clay Travis as a smart marketer made it news.
That's what you call a great marketer.
Credit to Klay Travis.
The fact that we're even covering this is because he brought his story of 17 and made himself relevant with this to say this guy didn't get fired, but I got fired because of one comment.
Oh, he put it out there.
That's kind of how he did it.
He put it out there.
He retweeted it saying, I got fired for saying this.
This guy, they're running it back.
Okay, yeah, that makes sense.
That's the problem with these extreme news on teams.
All they are are echo chambers.
That's all it is.
So, of course, they're not going to have Clay Travis on there because even though it'd be the smartest thing they could possibly do.
By the way, here's what I want to do.
There's so many crazy things that happen with Zoom.
My kids this weekend, out of all the movies they had a choice to watch, they chose to watch the movie with what's the war with grandpa?
Is that what the movie's called?
Have you seen War with Grandpa where Robert De Niro and this kid are going back and forth because his daughter gave his son's room to him and they're going at it?
And it's each is playing pranks on the other one.
It's hilarious what happens there, right?
And they paint De Niro to be like a made-man mobster.
He's got this driver, all this stuff.
During the Zoom era, I wonder how many stupid stories happen, how many embarrassing things happen.
Kai, do you have the one that you just sent me with the judge?
Have you seen this when the guy goes to court?
This one old man doesn't know how to change the screensaver of his, and the judge keeps saying, sir, watch this.
Just watch this here.
Audio?
Watch this.
You have a filter turned on.
Watch it, watch it.
Watch it.
You might want to.
Can you flip the channel?
Can you hear me, Judge?
I can hear you.
I can't.
Watch it.
Watch it.
Don't know how to remove it.
They're dead serious.
Watch this.
I'm prepared to go forward with it.
I'm here lying.
I'm not a cat.
For the record.
Hey, can I can you play one more time?
Can I point something out?
Yeah, go ahead.
This guy's tubinizing himself right now.
He's looking at something.
It's either a phone or it's just tubing.
Can you hear me, Judge?
Can you hear me?
I think it's a filter.
It is.
And I don't know how to remove it.
I've got myself.
I don't know how to remove it.
You see, that's why I don't understand why no one wants to go back to the office.
I mean, Zoom sucks.
By the way, if you really want to miss out on this great opportunity to witness something like this, this is a gift right here to the world.
This is a gift right here.
By the way, you were talking about, you know, they're talking about, go back to YouTube.
I ran a search yesterday.
Go on YouTube and do me a favor.
Take a look at this.
Take a look at this.
So let's look at three different media outlets.
Give me the three biggest news outlets that people follow.
The three.
CNN, Fox, MSNBC.
Let's say CNN.
Let's say Fox.
We're going to play a game.
We're going to play game.
You okay with this game, Adam?
I like it again.
CNN, Fox, MSNBC.
Okay.
Kai, I want you to go to MSNBC's channel.
Matter of fact, go to MSNBC's channel.
Just go to their YouTube channel.
Yeah.
Go to their videos.
How did I do it yesterday?
The way I did it.
Oh, here's how I did it.
Go to filters.
Go to this week.
MSNBC, Kai.
There's an N, not an M. M is Mumbai.
Yeah, N. There you go.
Got it.
Okay, go to this week and then go to views.
View count.
Okay, so this is the most viewed videos for MSNBC in the last week.
Let's see all the topics, what they're related to, and what makes them money.
First one is what?
Madden.
Trump.
Second one is what?
Trump.
Third one is what?
Trump.
Fourth one is what?
Trump.
Keep going down, Kai.
Fifth one is what?
Trump.
Sixth, Trump.
Seventh, Trump.
Eighth, Trump.
Nine, Trump.
Keep going.
Ten is Trump.
Eleven is Trump, Mueller.
Twelve is Trump.
Go.
Thirteen is Trump.
Go.
Next one.
14 is the only one that is not Trump.
So 13 out of 13 is what?
Trump.
So we're going to put top 13 out of 13 stories for MSNBC's Trump.
Now, let's go to CNN.
Let's see topics.
I'm going to put right here Trump.
What makes them money?
Okay, go to CNN, do the same exact searches.
Go to this week and then go to views.
Let's see what they got.
Okay.
So Obama criticizes Republicans for embracing 2020 falsehoods.
Do you want to kind of say Trump?
I think that's kind of Trump, but I'll let you pick and choose.
Yes or no?
Obama is Trump.
Of course.
Okay, that's 2020.
Second one.
Is second one Trump?
No.
Because it's Brazil.
Third one is not Trump.
Fourth one is not Trump.
Fifth one is Trump.
So so far, hang on.
We got what?
Two out of five?
No, it's two out of five.
It's Trump.
Three out of six.
Keep going.
It's not Trump, but that's not even.
That's an ad.
So three out of six, go.
Then it's next one is what?
This is unacceptable.
That's not Trump.
No, that's not Trump.
So three out of seven.
Bill Barr is not Trump.
So three out of eight.
There's Tom's friend.
Tubin.
Three out of nine.
Go keep going, Not.
So three out of 10, 3 out of 11.
Probably 25.
No, so let's just say 4 out of 12.
Fair enough.
By the way, respect to CNN.
Now go to Fox.
So 4 out of 12 for them is Trump.
But MSNBC is 100%.
Anti-Trump videos make them money.
Now let's go to Fox News.
Kai, type in Fox News.
There's a lot of different Foxes.
You got to type in Fox News.
There you go.
Fox News.
Go to this week.
Oh, my gosh.
I wonder how you search sometimes.
Okay.
All right.
So let's see Fox's stories.
Take a look at Fox's.
First one is about what?
Okay, Kamala is one.
So I'm going to give votes.
You keep telling me.
Next one is about what?
The Swalo.
California Representative Swabo.
All right.
So next.
Kamala.
Kamala, next.
Kamala.
Next.
Kamala.
Is the next one also Kamala?
Yep.
Okay, so four out of five is Kamala.
Who's the next one right there?
Tucker obtained the bias-free.
So let's just say not anything.
Wokeism.
Woke is a bad thing.
And you got another Kamala story.
Another Kamala.
Keep going.
Another China story.
Okay, China one.
AOC.
AOC.
Tucker story.
But what is it about?
The Tucker story.
This is everywhere.
Chronicle magazine, Pedro.
Okay, let's just put American Dream, different story.
Tucker story.
Give me the next one.
California.
California.
Brian Stelter.
Hunter Biden.
Stelter.
Okay, so check this out.
Check this out.
So go 5, 6, 7, 8, 9, 10, 11, 12, 13.
Now, watch this.
How many stories were Joe Biden?
Zero.
Zero.
Okay.
Joe Biden doesn't make money, folks.
Period.
There is not a single Joe Biden story, not MSNBC, not CNN, not Fox, because the current president is so boring that media make zero money talking about him.
They have to keep talking about MSNBC's business model is trashing Trump to make money 13 out of 13.
I mean, it's not even like a, you know, a fair.
He's got a monopoly there.
And you know what else was interesting is the views of the videos.
MSNBC had some good views on those Trump videos.
CNN didn't have one view, I don't think, over a million.
And Fox had at least five or six that were over a million, including one that was 2.1 million.
So it's actually working for MSNBC.
They're getting a lot of views.
CNN's not even getting numbers on it.
Somebody's sitting there saying, guys, we got to make sure we talk about Trump because that's what's getting eyeballs, and we got to get the eyeballs to keep selling ads.
Okay, I mean, that's interesting to see that.
So you're on Clay Travis's team.
You're on the rest of the Fox.
Let me say something about what's going on here.
So, you know, breaking news, the media is a business.
It's like old school journalism of telling the facts and telling it like it has gone the way of the dodo.
It's all about pleasing your base, telling the things that they want to hear, echo chambers, which you've talked about.
That's the reason that MSNBC is just talking about Trump.
Let's talk about basically the one character that everyone of our audience dislikes.
Okay.
This is a Trump story.
Clearly, it's a business model.
We're going to get clicks.
Let's go with it.
Fox, you know, Biden isn't going to get the click.
So who do they talk about?
AOC, Kamala, Brian Stelter, CNN.
So they too took the MSNBC business model and said, let's talk about who our audience dislikes.
I think the most shocking thing is that.
The difference is the difference is based on what we just saw.
To give credit, to give credit, Fox speaks about the most different topics, variety.
CNN is the second most different topics.
MSM is last.
I thought CNN was first.
No.
Fox has the most variety of stories.
CNN had no uniformity.
It was like 25% Trump and a bunch of other things.
But what I didn't do is I didn't do it the way I did it with this.
The only thing that was consistent here was Kamala.
But everything else was, the way I did it here is their Trump was four out of 12.
And then they had a couple that was two or three.
But these guys are a variety.
Biden, Stelter, California, Tucker, AFC, China.
It's variety.
I get it because there's different topics.
But the uniformity there is that they're all topics that their audience is not going to appreciate.
Meaning, they don't like AOC.
They don't like Kamala.
They don't like Brian Stelter.
So they're playing to their base in a certain situation.
So let me ask you a question to you.
So do you think CNN should take a play out of the MSNBC playbook?
Well, the fact that their ratings are down 30%, they maybe want to consider.
Do you want to consider doing that?
That's actually what I'm most shocked about is that CNN isn't doing that.
The fact that they're not doing that.
Yeah, meaning they're maybe not as left as you.
Someone's about to get fired if that's the case.
Listen, there's only so long you can go without viewership until somebody fires you.
Yeah, well, that's also the good and the bad of Biden is people.
Whether you like Biden or not, a part of the reason why he was elected was because he's not going to be in the news and tweeting and I think many people will disagree with you, but that's.
But there's going to be 80 million people that probably do agree.
I don't think so.
What do you mean?
Why do you think he was elected?
I don't think so.
I don't think so.
I think it's one of the best quotes I heard like eight years ago is people don't vote for somebody.
They vote against someone, meaning they voted against Trump.
They didn't vote because they wanted a guy to be calm.
They voted because the media did a fantastic job selling all the problems in America on Trump.
By the way, this is coming from a guy that right now, if you had to choose, curiosity, I'm going to ask everybody here this question, see what you're going to say.
Would you rather have a DeSantis win 2024 or a Trump win 2024?
If DeSantis runs 2023 with right plans, would you consider voting for him?
Yes, I would.
You would consider voting for him.
You're saying rather than asking Trump?
Yeah.
No, no, no.
Not rather than Trump.
DeSantis versus Biden.
Based on what he's done over the last 18 months, yes, I would.
You would consider voting for DeSantis.
That's the point.
So just the fact that you're saying, yes, I would, ought to tell the Republican Party that there's a camp like you that would consider DeSantis.
What is the likelihood of, even if Trump's policies, in every mathematical calculation we run, benefits you, your family, your future family, your kids, in every possible way it benefits Adam.
Would you vote for Trump in 2024?
His policy.
It's highly likely, no.
Because emotionally, you can't stand that.
It's not even emotionally.
It's just time to move on from him.
Are you going to remix a bad song?
That's not what I ask you.
I ask you a very simple question.
What I'm asking you is, you to me are more the American voter than anybody else.
You're the American voter.
If we win you, we win an election.
I agree.
Because you're the one.
You could win people like me with a DeSantis.
That's what I'm saying.
You can't win people like me with Trump.
There's no shots here being taken.
I'm talking to like a reasonable conversation with you.
I agree.
What I'm trying to say to you is the people have to decide who they can convert that's on the middle to flip.
I know a lot of Republicans that voted for Obama because they wanted to have a dream first time to say what, hey, we got a first black president to tell my kids anybody can become a president.
I think that's a good story.
I'm willing to vote for it once.
I don't know about second time.
If he screws up, I'm not going to vote the second time.
I kind of like his dream story.
I kind of like what he's doing.
But there's no way in the world, if everything you wrote on a piece of paper, I want all these policies, and if Trump was able to do every policy you wanted and Biden didn't want to do it, you still wouldn't vote for Trump.
If you're actually looking at policies, black and white, then yeah, I would consider.
Trump's behind the policies.
Yeah, well, policies are obviously very important, but let's not – we can pretend all we want, but it's not like I agree with all his policies.
No, what I'm saying is, but the point I'm trying to make to you is there is folks like you in America, there's people that are not willing to vote for the guy just because they don't like the guy, even if the policy is.
80 million plus people, I agree.
Okay, that's they voted against him.
Nobody voted for Biden.
There's no way in the world Biden wins anything else ever.
Yeah, that's how polarizing Trump is.
He's that divisive of a character.
That's how great of a job the media did to hate this guy.
That's how fantastic of a job the media did to hate this guy, and they get credit for it.
I mean, you just saw MSNBC.
I'm not sure what to do with all the great things he did.
You just saw MSNBC 13 for 13.
Partially the media, but you're giving the media.
Partially the media.
You're giving the media a lot of credit here.
Trump did a lot of shooting himself on the footsteps.
What impartially the media?
Who convinced you of Russia for three years?
Trump?
No.
Partially the media?
You're saying Trump has no results.
No, What I'm asking you is who convinced you of Russia?
Trump did?
Who even made us talk about Russia and Trump?
Who?
Mostly the media.
No, no, it's not mostly.
It's only the media.
Well, Trump did some stuff to make you question the fact that he would never, ever criticize Putin and was cozying the dick.
Let's just say, let's just say a little bit.
Let's just say, so I've interviewed Michael and Michael Francis, right?
He's a mobster.
Let's just say I've interviewed Sammy in the past before.
And let's just say we've had an exchange and text.
Okay.
Hey, we're on our way.
We'll see you there shortly.
Hey, I just want to let you know here's what's going on.
Imagine that being used 20 years from now to say he's connected to the mob.
We have to be careful.
And I'm running for governor and they say he's connected to the mob.
But the point is anything and everything to use.
And then imagine.
Now, I want you to actually think about this.
Go to 2041.
It's 2041.
I got 28 kids.
I got five wives.
I got 19 countries.
I got 15 cats.
So it's 2041.
It's 2041.
All right.
Yep.
And I'm going to run for office.
It's not going to happen, but I'm going to run for office.
I don't have any desire to run for governor, but I'm going to run for office.
Let's just say.
Story comes back out.
Do you want a made man as a governor?
Why is he so close to the mob?
Why is he down so many?
Why do they trust him?
Do you trust a man that's trusted by the mob?
Those campaigns.
By the way, I, as a campaign guy, I just gave them ideas.
If I ever run.
People are like, shit, no, I don't want somebody like that.
Now, some of the people who like mob movies, they may say, kind of want that guy on my side.
Yeah, he's my ton of guy.
He's my ton of guy.
You mean Hootin?
You guys, what a freaking compliment to give.
On the podcast, you'd be like this.
The moral of the story is media controls it all, period.
Media knows how to make anybody look good.
My dad told me in America, Patrick, here's one thing you need to know about America.
America will turn you into a hero in one day, and they're going to turn you into zero the next day.
And if they want to, they'll lift you back up.
But they do it.
You don't control that.
They're going to be able to do it.
This is why you got to be able to control the narrative.
So that's all I'm saying about this year.
The point is, whether it's him or DeSantis, they got to start thinking from now.
I'll make a quick point.
Talk about this scenario.
What if we put the energy and the resources behind an investigation into any links to Russia that Biden has or his son that they did with Trump?
Could you imagine what they would find out?
I mean, if the roles were reversed and there was actually maybe some stuff to actually investigate and to find, could you imagine?
Of course that will never, ever, ever happen.
We've already done that.
What do you mean?
You don't think they've never done that?
They covered the fact.
Oh my gosh.
No, they don't.
There's a part of you, like if there's anything that upsets the audience, like for me, I will say Trump screwed up in this area.
You cannot tell me the level of bias.
Like if Donald Trump Jr. was caught using the N-word in text, yeah, big dog.
You know, if he was, how long would have the media shared that for the next six months?
How long?
How long would you have heard that story?
For how long?
All over the news.
All over the news.
What have you heard about Hunter Biden?
Have you seen those texts?
I have not.
You know why you haven't seen the text?
Because you probably watch a lot of CNN and MS. I watch only YouTube.
So then you haven't seen that because on the YouTube short clips of CNN and MSNBC.
I watch Fox News.
I haven't seen anything on Fox News.
Of course it would cover it.
But Fox doesn't go like others do and say millions of times of the same thing about Russia.
They cover it and they move on to the next door.
How many times did Fox News cover Benghazi?
And then once Hillary Clinton was out, you know, defending someone that's indefensible.
People died.
Yeah.
You're talking about lives.
How many times did he talk about Hillary's emails in Benghazi?
Because it was true.
Listen, if you're going to be true.
If you're going to call Benny, the email ended up being true.
The email ended up being true.
The emails of Hillary Clinton that she trashed him, and that was true, just so you know.
The 33,000 emails, that's an accurate story.
That's not a dossier.
The Russia is a fake news.
Okay, that is fake news.
The story about Hunter Biden and his laptop is true news.
That is not fake.
Those text messages are real, right?
That's not like a fake thing.
So fake stories, they market the hell out of it.
True stories, they kind of stay away from it.
There's a little bit of hypocrisy there.
By the way, again, I'm telling you guys, if there's ever been a time for a media platform to just come out and tell both sides of the stories where the audience can make a decision for themselves, it's now.
Today's the time to do it.
It's the time.
It's both sides of the story.
The America is craving common sense.
They're just looking for that.
By the way, did you guys see the story over the weekend?
And I know this guy very well personally.
His name is Christopher Sein.
He was an anchor in Alabama, okay, in Birmingham.
He was the 10 o'clock anchor, and he's from Alabama.
He played football at Alabama.
I knew him because he used to work at ABC in Phoenix.
Great guy, unbelievable family man, three kids.
He was the guy that broke the story of Loretta Lynch on the tarmac at Sky Harbor Airport in 2016.
Okay, and that Bill Clinton got out of his plane in 112-degree heat, walked over and spent 20 minutes in the plane with Loretta Lynch when they were investigating Hillary and the email server.
Okay.
He received tons of death threats, tons of credible death threats because he wrote a book about it.
And when he went on the publicity tour, they were coming together.
The threats were real and he died.
Seriously?
You didn't hear about this guy or the Tar American?
He died.
No, I don't know.
He's dead.
Okay.
They're saying he committed suicide.
That's the part of the story, which makes no sense if anybody knows him.
It makes no sense.
It's almost physically impossible to convince somebody that knows him that he committed suicide.
The guy loved life.
He loved his family more than you can imagine.
He was yucking it up with his co-workers on Friday night, talking about what they were going to do that weekend.
The next morning, he's dead.
So I don't know.
That's all I got.
But he was a great guy.
Rest in peace.
Great family.
If you say something, it's a lot of people that commit suicide.
The moment you say something about it, you're like, my life's not worth it.
Let me take my own life.
It's either that or it's something else.
That's the speculation part.
Look, you ever had a friend in school or a colleague or something where every time somebody got close to that person, either their life got worse or their business got worse.
After about a few years, you have to sit there and say, dude, does this guy really want the best for me or not?
There's something going on there.
Like, for example, let's just say you and I start, you've never hung out with me before, okay?
We start hanging out together.
Next thing I know, you're gaining 30 pounds.
Next thing I know, your savings depleted.
Next thing I know, you picked up a lot of bad habits.
Next thing I know, you got a couple of DUIs.
You're getting arrested.
You're doing stupid things that happen into your life.
Next thing I know, you're creating a lot of new enemies that you never had before.
And then same story here, same story there.
Same story with like 45 people.
There's something going on over there, right?
There's something going on over there.
But I didn't even want to go to that story.
You just kind of brought it up.
All I'm saying is MSNBC 13413, CNN 4412, Fox 5445413 is Kamala, which is what's in the reason why Fox is doing Kamala last week is because of the whole border thing where he went and she interviewed with who's the person at the board.
Who was the person that interviewed Kamala last week?
It was Lester Holt.
Lester Holt.
And Lester, who is a fan of Kamala.
They're friends.
And at the end, he says, how come you're not going to the border?
And she says, what?
We've been to the border.
Her response is ridiculous.
Yeah, we've been to the border.
And he says, no, no, how come you haven't been to the board?
Because I don't want to bring it the attention.
No, she goes, I also haven't been to Europe.
But what are you going to say?
It was just.
That's the part of it where it's probably she was covered five times.
I don't know.
Look, all I'm saying is.
What do you think her reason is that she hasn't gone to the border?
Because if she does go to the border, everybody has to cover it.
And if everybody covers it, it shows how ugly it is and makes the current administration look like crap.
And it gives a prior administration to say, here's what we did.
Look what the hell is going on today under their regime.
Look what's going on in their regime.
Politics.
And she doesn't have the chops.
She doesn't have the chops to handle a problem like that.
She knows she's way in over her head on that issue.
She has no clue what she's doing regarding the border.
Yeah, I mean, it is what it is.
At this point, you know, we'll see what's going to happen there.
Let me go to the woke story.
I saw the story that I thought it was a very good story to share with everybody.
This story was given to me by Tom Ellsworth.
Let's go to page five.
Tom sent me this story.
I read in the middle of the night.
Kai, did I send it to you?
I sent it to you.
I said, read this story here.
It's a story advice to grads.
Be warriors, not wokesters.
Scott Galloway, who's a current professor, I think, at NYU.
The guy's an absolute stud of a guy.
And I don't know if I want to read this whole thing.
How long would it take me to read this story?
I'm going to read this story.
I want to read this story.
So check this out.
I'm a fast reader, so we'll go through it together.
Oh, you're going to read the whole thing?
I'm going to read this.
I'm going to read this.
Last week on my way to eat Jack's wife, Frida, Awesome and Soho, a young woman in purple gown with older versions of herself until nearly ran over me, ran me over.
It's that time of year.
Approximately 4 million young adults and their loved ones will be forced to listen to someone my age tell them how to clean up the mess of our generations leaving for them, right?
My bromide, be warriors, not wokesters.
Be mentally and physically warriors.
Lift heavy weights and run long distances in the gym and in your mind.
Many tasks you'll be asked to perform early in your career will be tedious.
Don't do what you are asked to do, but what you're capable of doing.
Think of it as boot camp before being sent to battle, as there are millions of other warriors fighting to win the same region of prosperity.
Get strong, really strong.
You should be able to walk in a room and believe you could overpower, outrun, outlast every person in that room.
By the way, I love that sentence right there.
Let me read it one more time.
You should be able to walk into a room and believe you could overpower, outrun, or outlast every person in that room.
What a great word.
Outlast.
My first job was at Morgan Stanley Dean Wooder.
Great place to have a first job at.
I wasn't as well educated as the other junior analysts.
My fault, UCLA is a sink or swim place.
I decided to do neither and smoke pot and tread water.
Anyway, at Morgan, every other week I'd go to work Tuesday mornings and not leave until Wednesday night.
Go to work Tuesday morning and not leave work till Wednesday night.
Nobody was at home waiting for me.
I had no real hobbies.
And in your 20s, if you don't tell yourself otherwise, you can work 30 hours straight, easily.
30 hours straight, this guy, right?
Send a message to your colleagues that you came to play.
Many of you will have a gag reflex at my boomer capitalist mentality or some bullshit.
No, it's America platform to deploy skills and grit to add value and garner resources.
Everyday America becomes more like itself and becomes a better country for people who have resources or influence.
And what of balance?
Fine.
Many people who thoughtfully calibrate the trade-off and fashion a good life for themselves and their families without being obsessed with work and money.
Assume you are not that person.
If you are in your 20s and reading this newsletter, you don't want balance.
You're after influence and relevance.
The world isn't yours for the taking, but for the trying.
Try hard, really hard.
Then he goes into stoicism, talking about the power of stoicism, meaning control your emotions, all that other stuff.
Balance is a myth.
There are only trade-offs.
Having balance at my age is a function of lacking it at your age, your call.
Let me read that one more time.
Having balance at my age.
He's a boomer right now.
He's an older guy.
Having balance at my age is a function of lacking it at your age, meaning grads, 22-year-olds.
Your call.
Personal life, work.
The monk warrior.
Intelligence is the ability to hold two contrary thoughts concurrently.
This sounds easier than it is.
Our brains are wired for quick assessment.
We're descended from millions of generations of creatures whose ability to synthesize novel stimuli with a lifetime's data and formulate a faster-than-thought response kept us from becoming another creature's dinner.
Until recently, when strangers encountered each other, only one left alive.
But that feature is also a bug.
When we react faster than thought, we don't react thoughtfully.
We optimize for short-term emotional satisfaction rather than long-term prosperity.
Let me say that one more time.
We optimize for short-term emotional satisfaction rather than long-term prosperity.
There's a lot of discussion, rethought what it means to be woke.
Some of it is well-founded.
Some of it is hyper-bully.
Yes, be awake to the privileges and prejudices that surround you and rigorously honest about the world you're inheriting.
But the word has lost its original meaning.
Beyond the media noise, an insidious pattern is emerging in the academic and professional setting.
The instance on filtering everything through the lens of personal identity and experience, the prioritization of victimhood, the belief that to be offended is to be right.
Structural racism is real.
And our Karamazan, he covers that.
So go a little bit lower.
There's a part of it I really want to cover here.
Reacting to every slight and demanding satisfaction from every insult is what the system wants you to do.
Joining a Twitter mob seizing on a hapless middle manager or an out-of-touch English professor may feel like justice, but it's just a cheap drip of dopamine lost in an ocean of social media profits.
Be a warrior before you resort to violence.
Make a thoughtful assessment.
Register the intention of go a little lower.
What he says, accomplishments.
There's a part of it that I love what he said.
He says, in life, he gives it to three different things.
Go lower, go lower, lower.
Go lower.
There's three things he said.
He says, at your age, it's about relationship, it's about fitness, and it's about relationship, fitness.
What's the other word he was?
Work.
Work, relationship, and fitness.
Commit to those three things at that age.
Work, relationship, and fitness.
Yesterday, I'm talking to Tico and Tico comes into the gym.
I'd already read this article.
He says, Dad, what's more important?
This kid is nine years old.
He says, Daddy, what's more important?
Is it important for me to work out my brain or my muscles?
What a great question to ask, nine-year-old kid.
I said, Daddy, what do you think?
He says, I think it's brains.
He says, Dylan spends too much time on his muscles.
I think for me, it's brains.
I said, really?
Yeah.
I said, you know what's important in life?
He said, what?
I gave him my whole lead, respect, improved, love, courage, wisdom, tolerance, understanding.
I said, I read an article by this guy named Scott Galloway.
I think I'm going to share it with you.
What's that?
He said, there's three things you got to put your time into.
It's hard work, it's fitness, and it's relationships.
Those are the three things you got to put your value into.
The info he shared in this article was so powerful that it got me to transfer to my kids because it was that powerful of content to share.
What are your thoughts on this article?
You know, he's so articulate, so thoughtful.
It took a lot of guts for him to write that.
And clearly, these are his beliefs.
But to stand up like that as a professor at NYU, it'd be interesting to see what the reaction from his colleagues is.
But, you know, how can you argue against what he said?
How can you take anything, all that what he laid out in that newsletter?
How could you make a rational argument against any of it?
Here's the answer: you cannot.
Okay.
And right now, the country is divided into two different types of people.
It's people that follow the doctrine of what he is talking about here and want to excel, want to achieve, want to bust their ass.
If things don't work out, if you fail along the way, it happens.
You dust yourself off and you keep going.
That's what's called America.
And then you have this other loud minority, loud, that wants everything handed to them.
They want to point out all the imbalance and everything.
I think there's a tipping point at some point in this country.
I'm praying that there is.
You have another voice of reason that's out there, Bill Maher.
And I've seen Scott Galloway on what works he's doing right now.
And I've seen Galloway on his show.
And he had a great point.
He was on Bill Maher's show in March.
And here's how he describes wokeism.
He goes, What we have right now is an industrial shaming culture, making a caricature of comments and then using that to extract to an ugly place so you can get virtue points.
And the moment you're offended, you feel like you're right, you know, that you have the right to be right about the issue.
So I hope his voice gets stronger, gets louder.
I just don't think rational Americans can take much more of this.
We have a situation in our city right now in Manhattan Beach that's reaching a very, very critical tipping point, having something to do with what happened in the city over 100 years ago that nobody that lives there now had anything to do with it involving this place called Bruce's Beach.
And it was once owned by a black family, and then they lost it.
And now they're going to get it back, et cetera.
But it's turned into something really, really ugly.
So, you know, if you're a concerned citizen, you're reaching out to the city council.
And I'm just, I'm emailing him saying, hey, look, it's time for common sense to prevail, you know, because there's no common sense out there anywhere.
There's just in politics, in the media, or anywhere.
So kudos to him.
He's a voice of reason.
And like I said, I just don't think you can argue with it, even though it goes against everything that his fellow professors believe.
What are you thinking?
Yeah, mad respect to Scott Galloway here.
I think when he talks about work, fitness, and relationships, something that I always talk about is, you know, mind, body, soul.
So like, obviously, you know, work your mind, work your body, and you know, be fit, but work your soul.
That's relationships and being a good person and focusing on what you're doing.
So respect on that.
I don't think there's anyone who would argue with the power of mind, body, soul, or in his case, work, fitness, relationships.
Something that stuck out to me with that is the millions of years of quick reactions and quick processing stimuli to say, oh shit, that's a saber-tooth tiger.
I got to run.
Or, oh my God, that's a dinosaur.
I got to go.
And that's essentially the good and the bad of what we have today with all the Twitter mob and the keyboard warriors and the feelings on your fingertips.
And as you could see something, boom, comment.
I hate that guy.
Oh, he's a piece of shit.
Oh, he should be canceled.
Like the quick nature of being able to just basically authorize your feelings to the outside world because of this.
You know, we could say a lot of good things about this, but this basically can get you in a lot of trouble too.
So the Twitter mob and the cancel culture mob is a real thing these days.
And I totally agree with Scott.
The problem is, you know, Gen Z, who is basically who he's talking to, because this is a graduation speech.
Where is this exactly?
No, he just rolled it.
But this is advice to Gratz for a graduated college.
So your daughter just graduated.
She's Gen Z. Do you know the other word for the Gen Z?
Like, I'm a millennial.
You're a Gen X. You're a Gen X, right?
You know, the other word for Gen Z? Is the iGen, as in iPhone generation.
Like there's an entire generation of people called the iJet, meaning they're born with an iPhone in their hand.
So as much as I want to understand where he's coming from, you've got millions and millions and millions of young Americans, young people around the world that are born with this literally in their hand.
Okay.
And it's hard to escape this.
It's hard to say, yeah, yeah, I totally, I'll check my feelings and process it and give it 24 hours.
And then I'll like you used to talk about, you told a story about if you were going to fight with your wife and if before you had a phone and you were leaving the office, you'd have a half hour to process it and cool off.
Now these days, it's like, fuck you, I'm on my way home.
And now it's like, take a freaking second and relax.
That's also the problem with having this and everything at your fingertips is that you can just respond to anything immediately.
You see something online, comment, dislike, cancel.
And that's the good and the bad of having the iPhone and being an iJet.
And I think that's one of the reasons why he and so many others are pushing the concept of stoicism.
Stoicism to me is a very necessary thing to be taught nowadays.
Kai, what do you is there?
Schools that teach stoicism as a course, not just like in a philosophy course?
Like, is there a course you can take in school about how to be a stoic or no?
Is there not in school?
Probably not in school, right?
I think there's so much benefit to it.
I read meditations years ago.
I don't know how many years ago.
Marcus Aurelius.
Ah, let me tell you.
I've read it so many times.
Have you had a chance?
Yeah, I read it.
Yeah, you told me to get it.
I read it.
So meditations, when I read it, I'm like, man, you know, a part of me watching my dad, it's a part of like he is a natural stoic, right?
There's a lot of benefits to thinking that way because nowadays, if you are not a stoic and you don't know how to control your emotions, you will be driven insane, constantly worried about things you have zero control over.
The ability to manage your emotions on things you have no control over is such an invaluable skill set today.
It is so valuable today for your career, for your relationships, for being an investor, for being an entrepreneur, for being a businessman, for being a human being, for being a parent in every possible way.
It's a lot of work, but I love the article.
By the way, I just sent the link in the chat box.
If you're looking at it, you can go subscribe to his newsletter.
I highly recommend you going out there and doing that.
He's got a lot of great commentary out there.
Did you ever see this before?
What's that?
This things you control, things you control.
Things you can control, things that matter.
And then at the tipping point in the very middle, that's where you should focus.
Meaning, control what you matter.
If you can't control it, you can't control it.
If it doesn't matter, then why are you focusing on it?
Stay controlled.
So focus on things you can control and that matter.
If you can't control it, and if it doesn't matter, why are you spending time on it?
Brilliant.
So shout out to Marcus Aurelius.
I love it.
Awesome.
Let's go to the Netanyahu story, page 10.
Adam, I want to get your commentary on this.
Your thoughts.
Obviously, it happened very quickly.
You told us this was kind of has been in the works for a while, but let's go through it.
Bottom of page 10.
Netanyahu as prime minister after the Israeli parliament votes to form a new coalition government.
He's out as prime minister.
Business inside the story.
The Israeli parliament on Sunday voted to form a new coalition government, unseating Prime Minister Benjamin Netanyahu, who has led the country for the last 12 years.
Naftali Bennett, a longtime Netanyahu ally, turned adversary, assumed the role of prime minister and was sworn in Sunday.
Bennett is the head of the country's right-wing Yamina party and is an ultra-nationalist multi-millionaire.
According to the AP, Netanyahu sat quietly during the vote.
After the vote, he shook Bennett's hand and briefly sat in opposition's leader's chair before he walked out of the chamber.
So that's how much we have here in the story.
Adam, what's really going on there?
Okay, so what's going on here?
And I got a lot of notes here, and I'll try to break this down into three major parts.
So obviously, Israel and everything that was happening in Gaza has been all up in the news for the last couple of months.
But everything that's been going on with Bibi Netanyahu is really a couple years they've been trying to get him out of office.
And 12 years he's been in power.
That's a long time, especially for a democracy.
So let me start off with saying this.
I'm very pro-Israel.
The more that I've dug deeper into the subject, look where Israel is.
Look who its neighbors are.
To the north, you've got Lebanon and Syria.
Stable?
No.
To the right, you've got Jordan, pretty stable.
South Egypt, pretty unstable.
You got Iran.
You got Afghanistan.
You've got Saudi Arabia.
Name one of those countries if you're an American.
I'm looking at the map of Israel while the audience can see.
Name one of those countries if you're an American and you're pro-American that has your back, that has your best interest.
Out of any of those countries, you can name one, Israel.
So they're the only democracy in the Middle East.
They're in the literally the most dangerous part of the world.
You've come from Iran.
You understand how dangerous they're.
People don't understand that the Sunnis are fighting with the Shiites, and then you've got the Kurds, and you got different sects and different types of people.
And the fact that Israel in the middle of all that is a democracy, that should just tell you everything you need to know about democracy.
Are they perfect?
No.
Do they have issues in the country just like America?
Yes.
That moves on to the second thing.
They have issues in this country.
Just like America, there's Trump.
And then on the left, you know, you've got Biden and you got Obama and then you got AOC.
And on the right, you got Ted Cruz.
Essentially, the best way to understand Israeli politics is let's use American politics to basically understand what's going on there.
Netanyahu was Trump.
Okay?
He's been in power for a long time.
Is he Trump or Reagan?
I don't, I mean, he was, I mean, I'm just using modern times.
He's more of a Trump type of ultra-nationalist, you know, sort of hardline.
Because that's, for the person that doesn't know, if you say Netanyahu is Trump, they go to one place.
So is he more of an extreme like personality like a Trump?
No, just he's a little, he's a little more stoic than a Trump.
Can you say he's more like a Reagan?
Maybe, you know.
He's a modern-day Reagan.
Okay, fair enough.
So there's some things.
He's polarizing like Trump.
He's very polarizing.
He's politizing.
Fair enough.
Okay, keep going.
So just understand that they put a coalition together, and I'm trying to use an American terminology to bake down what's going on in Israel.
For today's world, I'm saying, let's just pretend, for the sake of conversation, Netanyahu was a Trump.
Okay?
So this coalition government they put together, imagine if Bernie Sanders, AOC, Ilhan Omar on the left teamed up with Joe Biden, Obama, and then on the right, Ted Cruz, Mitt Robney, sort of the rhinos.
And they all came together to form a coalition government with one purpose and one purpose only to get Netanyahu, aka Trump out of there.
And they did it by a 60 to 59 margin, by one vote, very slim margin.
But basically, it just, this is the most diverse government in Israeli history.
That's how much all these sides of the spectrum, left, center, and right, basically said it's time for Netanyahu to go.
Okay, so the person that's actually the prime minister right now, Naftali Bennett, is actually further right than Netanyahu.
So it'd be like a Ted Cruz, or who's further right than Trump?
That's the Cruz, maybe?
Yeah, sure.
Who's now the prime minister?
He's going to be the prime minister for two years.
This is a person who is very ultra-nationalist, sort of even right, more right-wing than Netanyahu.
Now, for the first time ever, there's a large Arab contingency in Israel.
And this is actually the first time that they're going to have a play in the government.
It's a pretty big deal.
So there's tent, like that we talked about, the tensions in Gaza.
That thing needs to be rectified.
So as much as pro-Israel as I am, as much as I am a lover of democracy and how they are a beacon of hope in the Middle East, what's happening in Gaza is not sustainable.
And what's happening with the settlements is not sustainable.
There needs to be a two-state solution at some point.
And if it takes having a coalition government who are maybe open to sharing ideas with one another rather than one hardliner in Bibi Netanyahu, I think that's something that Israelis are yearning for.
And we'll see if they can make anything worse, but it's not going to be easy.
Steve, Anas, if you guys are listening, Steven Anas, if you're listening to this, Steve Levis just gave $100 and Anas has given a bunch of 20s today.
If you guys are listening, if you have strong opinions about what just took place in Israel, put a comment here if I'll see you if you're on in Texas at 310-3401132.
We may just call you guys up if we got both of you.
310-340-1132.
Go ahead, Tom.
You know, you mentioned the coalitions, and I guess this would be my question.
If you have a coalition government with all these extreme personalities and ideas, and your one objective is to get a guy out and you achieve that, how do you govern?
Because now you're on opposite ends of the spectrum, and now you have to run a country and you have to face some very serious issues like Iran.
Exactly.
And what's going on, you know, as far as trying to prevent them from having a nuclear bomb, which is what Netanyahu passionately did.
By the way, didn't Netanyahu say he'd be reinstated by August?
I think I'm just joking.
That's Trump.
Yeah, that's Trump's.
But he did say, to quote Arnold Schwarzenegger, I'll be back.
Yeah, he did say that.
He gave an entire speech in Hebrew, and he said three words in English.
I'll be back.
So Netanyahu's not going anywhere.
This is why I'm kind of giving the Trump analogy.
I'm not saying he's as polarizing, or maybe he is as polarizing as Trump, but Netanyahu is a character who's been in Israeli politics.
He seemed extremely diplomatic.
Agreed.
On the world stage.
On the world stage.
In Israel, he can be very divisive.
He went scorched earth on his exit press conference the other day.
He went scorched earth.
And he attacked Biden in that.
He went right after Biden regarding Iran.
So I'm just curious how this new government is going to be.
Is that a good move?
I think it's a good move.
Yeah, it shows strength.
That's for sure.
Now, not only shows strength, he's saying, like, you guys better keep an eye out on what's going on with Iran if the negotiations continue with Iran.
Because if U.S. and Iran get closer, what place is a more dangerous place to be in?
Israel.
Well, because they would probably use their damn nuke.
You know, I mean, that's their whole idea for having it.
So it'll be interesting to see what kind of influence he has going forward because, you know, when you're in power for 12 years, it's hard to give it up.
And how the new coalition government is going to handle Iran.
Let's talk about our friend Scott Galloway to bring that back.
One of his major three categories that he said you should focus on is relationships.
So speaking of relationships, Netanyahu had a pretty damn good relationship with Trump.
To the fact when Biden won election, you know how long it took him to call Bibi Netanyahu?
Three weeks.
Three weeks to call one of your greatest allies to call him.
He's probably got a rotary phone, doesn't he know how to use a cell phone?
Maybe that's what it is.
You know how long it took him to call this Naftali Bennett?
One day.
So the Democratic Party, here's a message to all my Democratic Party friends here in America.
The Democratic Party is slowly but surely becoming the anti-Israel party.
And that's something that's very concerning as someone who has voted Democrat and is pro-Israel.
It's becoming more and more likely that Jewish people are going to start hearing some of the rhetoric that's coming out of the left wing of the Democratic Party and saying, I can't stand for that.
I'm going to start looking towards the right.
Because all of my Orthodox Jewish friends or any conservative Jewish friends, they're Republicans.
And 75% of Jews are more liberal.
So if that tips, it could be an issue.
It could be an issue.
And you're seeing a lot of folks on the left kind of talk about what the hell is going on over there in an area that we all agree on.
Steven Ask, can you guys hear me?
Yeah, I hear you well.
Our friends are back.
Steve, can you hear me as well?
I heard Anas.
Can you hear me as well?
Steve, do we have you on?
I think we just lost Steve.
Hang tight for me one second.
Let me call Steve.
Yeah, even what's his name?
You know who's.
Your call has been forwarded.
Come on, Steve.
Pay the bill.
Steve Texas does.
He texts us.
But let me see here.
Give me one second.
You know, you never doubted for a second where Trump stood on Israel ever.
Your call has been forwarded.
Okay, guys, if you're listening, just call that number back.
Both of you guys will get you on.
You never doubted where he stood.
On Israel.
I mean, he was probably the most friendly president for Israel ever.
I mean, ever.
Look, when you got, did Russell Brand love Trump?
No.
Did Bill Maher love Trump?
No.
No.
Not at all.
Did Scott Galloway love.
Did these people sit there and say, oh, Trump's the greatest thing since slice bread?
No.
No.
They're all in agreement on what's going on right now with the Democratic Party on positions they're taking.
Like, what the hell are you doing?
Like, it's almost like, dude, what are you doing?
You're offending the family.
You know what I mean?
Like, hey, you're not making a family look that.
I don't stand for that.
I don't stand.
I'm willing to defend my side to a point, but not for this.
I've been a die-hard Laker fan for my entire life, since the day I came to the States.
I came November 28, 1990.
You know what happened a couple months after that?
It's the Bulls-Lakers final.
It's the Bulls-Lakers final.
It's the Georgia going up over Sam Perkins, right?
I watched that on black and white TV when that took place.
And I'm a die-hard Laker fan.
I was devastated when the Lakers lost.
I've just been in the States for a few months when I saw that game.
I'm like, dude, this sucks.
My team just lost to this guy named Michael.
Apparently, everybody calls him the greatest.
And that was his first championship.
I watched Michael win every single championship back-to-back-to-back, Rockets, Rockets, back-to-back-to-back.
And then everybody else came right after Jordan when he left.
I'm a Laker fan, but even as a Laker fan, it's the first time the last two years I have not rooted for them because I don't like how the game is being manipulated into fans.
We have to agree on one side just to support the NBA and how much it's in my face today.
I can't just enjoy the game anymore.
As a fan, I've stepped away from the team for the current time being.
I may come back, but I'm not rooting for the Lakers.
When they lost, I said, good for the Suns.
Go win a championship.
Do whatever you got to be doing, right?
By the way, who are you choosing to win the whole thing between the teams that are left?
Well, I got Milwaukee winning that series because of the injuries.
You got Milwaukee winning that series.
Winning that series.
Okay, so I'm just breaking it down round by round.
I love Atlanta.
They're a fun team to watch, but I think if Milwaukee beats the Nets, they're coming out of the East.
I don't think the Clippers are going to beat Utah.
I think maybe there's an issue with Kawhi's knee, and Utah's not going to lose at home.
So I'm going with the Suns over Utah in the Western Finals and beating the Bucs in the NBA Finals.
Give me the Suns.
I'm going to take Shocker alert.
I'm going to take Brooklyn, even though Kyrie's hurt and that Hardin hasn't been back yet.
I know you said that they had a 0% chance, Tom.
But as long as one of those two guys are healthy, Kevin Durant looks ridiculous right now.
I'm hoping Milwaukee wins.
I'm hoping Milwaukee wins is who I'm hoping for is what I'd want to see.
Back to your analogy with why you've been a lifelong Lakers fan, and now for the last few years, you're not exactly rooting for the Lakers.
I think fans are going through that right now.
I think both sides, I think this is the power of being an independent free thinker, that if you're just only saying, I'm on this side, I'm a Democrat, and I agree with everything, or I'm a Republican, and I agree with everything, it's very dangerous.
Tell me which part of policies on the right has changed.
Policies, not positions, not personality, policies.
You're saying since Trump has been in office?
Policies.
Policies.
For example, let me explain to you what I mean by this.
Did the right under Trump all of a sudden go from pro-life to pro-choice?
Did the right all of a sudden under Trump go from low taxes to high taxes?
Did the right under Trump all of a sudden go from protecting the country with security to now, no, let's not do military?
Did the right under Trump all of a sudden go away from freedom of speech to now you're being controlled?
So, what policies changed?
What policies changed under Obama?
What policies changed?
I didn't say Obama.
I'm saying under Biden.
No, I'm saying what policy?
I don't think either side has changed policies.
But the problem that the protecting, the protection of Israel has always been unanimous.
Okay, there used to be a time, there used to be a time, I sent that video to you where we talked about it, right?
Where a lot of the rich country clubs back in the days were ran by Republicans and they did not allow Jews in right here at the, what do you call it, right here at the right across the street?
What is the community called?
Royal Palm?
Royal Pomp.
They did not allow Jews to live in that community.
But we're talking 50, 60 years ago, right?
Because it was like protecting.
Well, there were signs up that used to say, no blacks, no Jews, no dogs.
That's basically what was going on in this country.
So that was then.
That's how pathetic it was then, right?
And so they were welcomed by the Democratic Party.
So the Jews said, I'm part of the Democratic Party because they welcome me.
They've had them for 70 years they've had that vote.
The Democrats had the black vote for how many years since 1960?
That's 60 years they've had that vote, right?
Gradually, if they're flip-flopping with their position of no longer supporting the Jewish community in Israel, they could easily lose that vote today.
Easily lose that.
That's what I'm saying when I'm saying the right didn't change their policies.
The right just hated Trump because Trump called that McCain, Trump called that Bush.
Trump called that Bush Sr.
Trump called out a bunch of people who are veterans on the right saying, I don't care if you're a prisoner of war.
I want to make sure you don't get caught.
Like some of the comments, that's how he lost a lot of people.
Not policies.
Pure comments.
There are some policies he did change the traditional policy.
Such as like free trade.
He began trade wars.
I think the Republicans.
There was abuse, and for many years, everybody wanted to go up against China, but nobody had the audacity.
And I'll give Trump credit for that.
But that's not policies.
Also, being a fiscal conservative, not taking on more debt.
Trump brought on a lot of debt.
There's no, I mean, I think that's been a mutual thing since Bush, Obama, the last 20 years.
Oh, there's no denying the Democrats have taken on debt, but it's the fact that Republicans are supposed to be more fiscal conservatives.
Limited government under Trump, they don't have trillions of debt.
I don't disagree with that, but I think that the big government thing happened after Bush.
Right after Bush, everybody wanted a bigger government.
That's been happening for a long time.
George W. Bush.
Oh, yeah.
Well, after 9-11 and the TSA and everything.
The Big Brothers.
And everything bigger and bigger and bigger.
We've heard more anti-Israel talk in this country in the last three months than we have in the last 30 years.
And a lot of it's because it's BDS and it's happening on Boycott, Divest, and whatever.
Sanction against Israel, a lot of the college campus, a lot of the, let's go back to the woke crowd.
Something that people need to understand, I don't know if we're going to get our friends on.
Like the most ironic part of, I think, the woke liberal left anti-Israel BDS is there was an image of a gay flag that was essentially gays for Gaza, essentially.
And someone pointed out: do you understand that if you actually had the gay flag in Gaza, they would full-on kill you.
But if you had that in Tel Aviv Israel, they would just, hey, good luck.
Like, that's the biggest joke is the fact that you have the liberal woke left defending these authoritarian, Hamas-driven terrorist organizations and that don't understand how right-wing they are.
Let me put it to you this.
This is a joke.
I've talked about this maybe privately, you and I have talked about it.
There was a guy back in the days who was like the Jimmy Kemmel, the Jimmy Fallon, the Johnny Carson of Iran.
His name was Farouk Sadeh.
Good-looking guy.
Very good.
Can you pull him up?
There's no way in the world you'd be able to spell it.
Guy, would you spell Farouk Sadeh, please?
He ever titled that?
F-A-R-O-K-H Faruch.
Z-A-D-E-H.
No, no.
The fact that you're even spelling it out is F-A-R-O-K-H Farouk.
Z-A.
No, no, put it together.
It's one name.
Z-A.
It's like a John.
It's an easy name.
Z-A-D-E-H.
John.
Farouk Zadeh.
It's like John.
Put Iran.
Okay, now go there.
Put images.
Put images.
Images.
Images, buddy.
Okay.
Go back.
Kai somehow still specialize.
No, no, no.
Feridun Faroukzadeh.
To the left, right there.
To the left, it says Ferdinand Farouk Zadeh right there.
Oh my God, Kai, how can you not spell Fawk Hazade?
Right there.
Just go right there.
Thank God.
That guy right there.
Okay, so he was.
Look at this.
Burt Reynolds, Irani Burlington.
Liberal man.
Let me tell you, good-looking guy.
Great voice.
Great performer.
Look at that picture right there of him.
Look at that.
That's a Sharif looking guy.
Well, anyways, there is a speculation that he was gay in Iran.
And later on.
Well, based on that outfit, I'm going to go.
The speculation was correct.
And if that's the case, half of men in America who are metropolitan.
Do not talk that way about Farouk Zadeh.
You may not dress like that on the podcast, but you dress like that every day when he comes to work.
Black and white.
Black and white.
Does he not dress like that every day he comes to work?
You guys should see how Adam dresses.
Adam dresses like a bullfighter.
I would like to be now called Farouk Saude.
That's my new name.
You're not sure what you're, how you better spell that shit right.
anyway so he tell us about Faulk He was gay.
You know, the rumor had it that he liked men.
And anyways, eventually he's at a hotel in Europe.
They go find him.
They chop him up.
Who's they?
The Iranians?
The husband.
The Ayatollah.
The Ayatollah's camp.
They find him.
They chop him up.
And they take his privates.
They put it, cut him up, they put it in his mouth to prove a point, take a picture, send it out that says, hey, here's what we do to folks like you.
Believable.
For everybody else.
We dare you to come out the closet.
Do this behavior again, see what happens.
Folks in America think that's a joke.
Dude, in Iran, we'd be driving.
And if a girl has her hair being shown back in the days, I'm talking to Aero when I lived there.
Back in the days, if you had your hair being shown, they would take you.
They would take you and whip your back 77 times.
You would hear that number constantly.
So if you see many times when you'd go to the beach and you'd see a man or a woman in the back that's got her, their back looks so like, what is wrong with this person's back?
It's not what's wrong with their back.
They got arrested.
They got whipped.
They got lashes in Iran.
This was normal in Iran.
It wasn't like the new CNN, 8 o'clock tonight.
You know, John Jones got sliced 77 times.
No, that's not like that.
It's just, all right, cool.
Sounds good.
All the best.
Next time, don't screw up.
It's a different kind of a culture.
So many people in America who are saying gays for Gaza.
I challenge you to have the courage to go do that in actually Gaza and see what happens.
Or do that in Saudi radio or do that in Iran or do that in Syria or do that in Lebanon or do that in Oman or do that in Yemen.
You can do it with me.
Good luck.
You can do it in Tel Aviv, Israel.
Do it in Telvi.
And anywhere in Israel.
That's right.
Was the guy that they killed, was he on the air at the time?
Was he still a relevant personality on his own?
Till the day he died.
You're talking about Farouk Zadeh.
It's unbelievable, man.
That's so sad.
So tragic.
Yeah, so there's always these rumors about what happened.
That's the one story you can learn about there.
So anyways, let's go into inflation.
Let's talk about inflation.
Page nine, middle of the page, nine.
Inflation expectation for the next year surge to record high.
Fox business story.
Okay.
Inflation for the next year climbed for seventh straight month in May to a record high.
According to a new survey from the Federal Reserve Bank of New York, median one year ahead of inflation expectation last month rose 0.6 percentage points to 4 percent, the highest since the New York Fed survey of consumer expectations began.
Inflation expectation over the short term have in recent months been an increasing at a faster pace than a medium term.
The 0.4 percent point difference between the two is the biggest spread on record.
Respondents also expect prices for all commodities to increase over the next year.
The median year ahead expected change in food prices increased 2.2 percent points to a record height of 8 percent.
While the other year ahead, I expect change, the prices gas rose 0.6 percent points to 9.8 percent.
My prediction, I've been saying it, Kai, we got to make a note for me to do that video on gas prices.
I predict gas prices in the next 12 to 24 months to hit $5 to $10.
I was out of town a couple weeks ago and I saw the gas prices in California being at what do you call it?
No, no, no.
Premium was $4.89, is what it was.
Regular was $4.40.
Yesterday, I was running out of gas on my way to TSA building here in what do you call it, in Florida by the port.
Barely found a gas station.
Thank God I did.
$270, $260, what I'm paying for?
Pathetic how cheap the gas is over here compared to, but Floridians are saying the gas prices have come up.
I'm like, this is nothing compared to what it is.
Inflation is coming.
Let me add that with the other story together.
Let me add that with the other story together, and then I'm going to come to you guys for your feedback.
Global tax rate could drive businesses away from the U.S. Watchdog warrants.
Also, business Fox business story.
President Biden, leaders of G7 group nations, endorsed a global minimum corporate tax rate of at least 15%, a policy that could ultimately drive business investments away from the U.S. That's according to Taxpayer Protection Alliance, a nonprofit advocacy group based in D.C., which argues that a higher global minimum rate would ultimately be passed on to workers and consumers through reduced compensation and higher prices.
There's some evidence to suggest that corporate taxes are ultimately borne by workers and consumers.
A recent analysis conducted by the Tax Foundation suggested that up to 70% of the tax burden falls into labor as the tax reduces.
As the tax reduces investment productivity and wages, the dollar amount of cost on labor may exceed the revenue raised by the tax by white margin, the tax foundation said.
But the Biden administration is arguing a minimum tax rate will build a more equitable tax system that will help deliver a foreign policy for the middle class and it will help support working families everywhere.
Thoughts on inflation and the tax rate increasing globally?
I could just speak from one perspective.
Inflation is in the news every single day.
Isn't inflation a horrible thing that we should be afraid of?
Terrible thing.
Okay.
For middle American low-income, terrible thing.
Yeah, and they keep talking about it like there's a cold front coming and temperatures might be like 3% colder during March through April.
They're making it seem like it's just a little small, little ticky tack, little inconvenience.
I mean, if this hits like every Jamie Diamond's talking about how J.B. Morgan is throwing away as much cash as they possibly can because inflation is coming in a huge way.
I'm scared as hell about it.
You know, I really am.
I mean, how I know what gas prices are because I pay them in California.
You can see other things inching up.
And you combine that with the global shipping issues that we have and all the other things that are in this pot and they're brewing.
And it's going to be a very, very challenging time coming for us very shortly.
So we talked about two topics right there: the inflation and malt tax over tax.
I mean, the one thing that comes to mind here is what I just kind of showed you over here with my little Venn diagram.
There's things that you can control and there's things that matter, and where they coalesce in the middle is where you should focus.
You're not going to stop inflation, Bob, Sue, Joe, Mary.
It's going to happen.
It is what it is.
The only thing you control is what's going on in the four walls under your house.
So if inflation is 4% in this coming year, or if it's transitory and it'll be closer to 2%, historically, inflation is what?
2% to 3% annually, anyway, over time.
So, inflation is going to happen.
There's nothing you can do to control it.
And unless you're some corporate tax avenger who actually has a stance of what can happen at the corporate tax rate, there's nothing you can do about it.
So, there's nothing you can do about inflation.
There's nothing you can do about the global corporate tax rate.
The one thing you can do is focus on your own personal finance.
And what I always say: save that money.
And then, if you're worried about inflation and you're worried about your dollar not being as powerful as it is now, then start investing in assets that provide a better rate of return or start investing in assets that she talks about.
Non-duplicate of the future.
Let me ask you this: how's the middle class going to invest in any of that?
With inflation going up, they're looking to afford milk and gas.
You're right.
By the way, you're absolutely right.
So, here's the issue.
Did you see the story about BlackRock?
By the way, Luis Rodriguez from Ecuador, if you can text us as 310-340-1132, I put the number down there.
Luis, text us, Ecuador 310-3401132.
I want to give you a minute to share with us how inflation affected Ecuador.
So, did you see the story about BlackRock going and buying homes from people and paying 25% about market rate?
Did you see that number, that story there?
I didn't see it.
It's not in here, it's not in here.
It's a story.
So, they're going around and they're buying real estate portfolios and they're saying, Listen, half a million dollar home will pay $600,000.
$400,000 home will pay $500,000.
They're overpaying for homes.
So, a lot of people, oh my gosh, people are buying at the peak of the market.
They're just buying right now.
I've said this myself, right?
That's market crash.
But when you start printing money the way we printed money the last 12, 18 months, and the Fed keeps the rates as low as they have, do you know how cheap money is right now?
I don't even understand if people realize how cheap money is right now.
It's the cheapest it's ever been.
You want to go get millions of dollars today?
It's so cheap.
You know, the whole thing where they talk about the fact that it's not fair that Bezos, Buffett, all these guys barely paid any taxes.
I don't know if we have one of those stories.
Is that one of the stories?
I'll just go to it.
It's on page four at the top.
25 richest Americans paid no federal taxes report the street.
Tesla's Elon Musk, former New York mayor's Michael Bloomberg, Amazon's Jeff Bezos, the activist investor Carl Icon have all managed to pay zero income taxes in at least one year in the past 15 years.
ProPublica reported a billionaire investor George Soros managed to pay no income taxes three years in a row.
In one year, Bezos paid no income taxes.
2011, he even cliented and received a, he even claimed and received a $4,000 tax credit for his children.
According to the report from 2006 to 2018, Bezos saw his wealth increase $127 billion over the period he reported $6.5 billion in income, on which he paid $1.4 billion in federal taxes when compared with his overall gains that amounts to 1.1% true tax rate on the rise in his fortune.
Topping ProPublica's list is Berkshire Hathaway's Warren Buffett, the Oracle of Omaha, reportedly had income of $125 million from 2014 to 2018, paid 23.7% in taxes, a true tax rate of 0.1%, the way they're doing it math, right?
Okay.
So this concept becomes, and by the way, somebody leaked their taxes.
I don't know.
Somebody from the IRS, which is a federal offense, by the way.
Kidding me anonymous anonymous.
And then you see the press secretary is like, oh, we are going to get to the bottom of this.
No, you're not.
This is IRS giving you the story right before you're pitching the idea of raising taxes as a good thing.
And look at all these rich people.
Let's turn them into bad people.
So then, so let's do this.
Here's the other way of thinking about it.
All these incentives.
First of all, money's free.
It's easy today to get, meaning for the rich, it's very free.
Interest rates are low.
It's so easy to go get $50, $100, $200 million today if you have money.
There's this saying, when you have money, they don't lend you any money.
15, 20 years ago, nobody gave me a loan out of bank.
I couldn't get a loan out of bank if I tried.
Hell, if I wanted to rent a car from Hertz, they wouldn't give it to me because we're worried because your credit sucks so bad, right?
Today, everybody's just like, hey, you want another 10 million?
You want another 40 million?
You want another 35 million?
You want another 20 million?
Here you go.
It's just money being given away, right?
Because it's cheap.
How do we get here?
Rates stay low like this.
It's going to keep happening.
The separation on the wealth is going to be taking place.
Now, on the flip side, when you hear these stories about how bad the rich people are, okay, let's look at our compensation plan that we have with taxes.
Let's look at the compensation plan that we have in Texas.
And let's get rid of all the incentives of people to become entrepreneurs.
What does America look like without Elon Musk?
Let's take him out.
There is no Elon Musk or a Elon Musk type of a person the last 20 years, okay?
Which is not like somebody to say, well, if there's not an Elon Musk, there will be another Elon Musk.
No, no, no.
Say there is no Elon Musk-esque type of a person the last 20 years.
Say there's no Jeff Bezos type of a person last 20 years.
Say there's no Warren Buffett type of a person last 50 years.
Say there's no Carl Icon.
The whole point I'm trying to make to all these guys.
What does America look like?
Is it a better place?
No.
Is America a better place without Bezos, Musk, Buffett, all of these guys?
In my opinion, no.
It's not a better place without them.
No.
So what causes these guys to be willing to go work their tails off, put so much risk, anxiety, fear, worry at night, sitting there, oh my gosh, I'm working like Elon Musk.
So for 20 years, I never took a day of vacation.
Gates, for 20 years, I never took a day of vacation.
How many people are willing to do that?
There's a bunch of people that are asking about a four-day work week.
These guys work 20 years straight.
The incentive is: if I go 20 years without working, kind of like what Scott Galloway said in his article, he said, I used to go on Tuesday morning and not come back till Wednesday night.
You can work 30 hours straight.
The incentive is, how many people are willing to do that at his age?
Not many anymore.
So if they do, they deserve the kind of wealth that they're getting.
If you try to punish them, what happens next is what?
The next 20 years, you will not have an Elon Musk.
The next 20 years, you will not have a Bezos being inspired by that.
That's the part that people forget.
Go to some of the biggest socialistic countries in the world and tell me what incredible products were produced there.
Go.
Go to the greatest, biggest socialistic countries and you tell me what technology you use today that came out of a socialistic technology.
What?
What technology?
Well, I don't know what the hell they're doing in China, but they're doing something there.
But in China, it's a different story in China.
China's taking all the trade secrets from America and they're trying to control to make China more powerful.
It's not innovation.
That's theft, is what it's called.
But they set it up in a way on contract where American people who got the money said it's not a big deal.
Let's give it to them.
So it's not called theft.
They did it legally, but it is theft.
It's a deal that they.
They've got IP.
Theft of IPA, theft of ideas, without letting you compete in their country.
So they're not even denying it.
We'll take Facebook from you.
We'll take all this stuff from you, but you can't have that in our country.
But we can have it in your country.
Brilliant idea that they have.
Anyways, this whole stuff with taxes and inflation.
Let me ask you a question.
Can there be two sides of this coin?
Meaning, I don't think it's right that you vilify successful people.
Like, I don't think that anti-capitalist vilification of the Warren Buffetts of the world and the Bezos of the world and the Muss of the world and all these guys who have made a major influence, Steve Jobs, as you mentioned.
The vilification of these types of entrepreneurs to me is ridiculous and absurd.
But at the same time, can you also say, yeah, maybe they should pay their fair share?
Like Warren Buffett has said, I'm willing to pay more taxes.
Meaning, can you congratulate them?
Not vilify them.
But then all of a sudden, what I'm saying is do it.
Do it.
Dude, you don't, let's not raise taxes, but do it.
Give a billion dollars additional to taxes.
Go ahead, just like charity.
Go ahead.
Of them have signed up for the billionaire pledge.
What I'm saying is, if you're so noble of a human being where you say, I'm willing to pay more taxes, why don't you?
Go ahead.
You can't.
A lot of them, if I may answer this, a lot of them say, I don't trust the government to do that.
No, shit, you don't.
Neither do we.
I'd rather give it to you.
Neither do we.
Then don't philanthropic.
Don't give that line.
Don't give that line when you're worth $100 billion just to look good in the story while you kill the next Buffett that's coming up.
Buffett is the one who said that.
No shit, and I'm calling him out.
Don't say that after you made your $100 billion and you screwed up for the next 17-year-old Buffett that wants to come up.
What the hell are you doing?
Did you forget when you were 17?
So you want to make it harder for the next, so you want to make the barrier to entry for the next Buffett to come up.
You want to make it harder for him?
That's what you want to do.
So that's your policy right there.
Yeah, well, I got my money already.
Forget about it.
I'm 90 years old right now.
Yeah, I'm this old, wise guy now.
And don't worry, young guys.
You don't need to be as wealthy as me.
It's not as good.
Who are you to make that decision for me?
Now that you have the money, it's easy for you to say it.
No.
Let the young 14-year-old Buffett be inspired to be more than you.
So you're saying that Buffett's speaking out of both sides of his mouth or not thinking about future generations?
Look, I asked the guy one time, I said, Why do some of these billionaires who become so wealthy, why do they all of a sudden start sympathizing?
And I'm like, oh my gosh, all this other stuff.
He says, because they feel bad.
They feel bad because of what?
What do they feel bad about?
What?
The only thing you ought to feel bad about is, you know, the documentary about Vince Lombardi, where they said at the end of the days, Lombardi wasn't the happiest guy when he died.
There'd be parties, he'd have drinks, and he'd step away and he would go cry in his room by himself.
And his wife would go to him and say, hey, baby, what's going on?
He says, I don't know.
I don't know.
He'd go and cry hardcore, right?
And they said, this just doesn't make sense.
Why is Lombardi doing this?
So when I interviewed the coach of the Chicago Bears, Mike Ditka, and I'm sitting at his bar in Ditka in Chicago.
It's the most boring interview I've ever done.
I never even knew you were in the interview.
He didn't show up in Britain.
The most boring interview I've ever done.
And I'll tell you why.
Because he mailed it in.
Let me tell you why it's the most boring.
His wife was sitting right there when we did the interview.
And I asked him about everything, Kaepernick, all this other stuff.
He says, you know what?
Maybe I was wrong.
Fine.
Maybe I was too hard.
Maybe I was too this.
I'm like, dude, that's not what I want to hear.
It's not what I want to hear.
Because what happens is when you get older, the energy to argue certain arguments for you, it's just like, I just don't care anymore to do it, right?
So, Lombardi, what is that background noise, by the way?
Who is it?
Is it our guys?
Can we just tell them, Gerard, to okay?
When you become older, okay, and you get to a point where like Lombardi is going around.
He says, finally, what hurt Lombardi was the fact that he felt at the tail end of his career was too tough on his players.
He felt like he was too tough on his players.
Now, when they interview the players, can somebody step over there and just have that conversation with Gerard?
The guy's so loud, the whole country can't hear him right now.
All right.
So he was so tough on his players.
So they interviewed the players and they said, how do you feel about it?
He says, I disagree.
He says, I wanted somebody like that in my life.
Got him some rings.
I wanted somebody that challenged me the way he did.
He says, I never had anybody that had such high expectations of him.
He says, don't get me wrong.
He was very tough, but I liked the way he was.
There was a story about one of one of the, who was his quarterback that played for him?
Bart Starr.
Bart Star.
He says, Bart Starr, one day, Lombardi's berating him in front of his players.
You can't even throw shit.
What the hell is going on with you?
He just trashed him in front of his players.
Bart says, Coach, can I talk to you?
Yeah.
He comes in.
He says, hey, coach, why can't you, if you want me to lead my players, please don't undermine me in front of my players?
Can you do it to me privately?
He says he never did it ever again.
Bart Starr said that.
He says, because I just want to have the conversation with him, right?
As people age and it gets, I don't know what it is to be 90 years old and to be closer to heaven or to be closer to, you know, whatever age of 20, 30 to relate to that.
As you get older, you become disconnected with the younger, you forget who you were at 15.
Sure.
Bro, there's this book on Lincoln called Lincoln on Leadership.
And one of the things he talks about is circulate amongst your troops.
The moment you no longer relate. to the minimum wage person and you forget who you were.
You know that whole song by Jennifer Lopez, which is what?
Don't be fooled by the rocks that I got.
I'm still, I'm still Jenny from the block.
I used to have a little, now I have a lot.
No matter where I go, I still remember what I, by the way, to me, the only reason that's my favorite J-Lo song is because the words.
I don't listen to J-Lo Sam.
But the words.
The point is, the point is, Buffett forgot when he was just Warren from the block.
He forgot.
Yeah, he did.
He said a rough.
Don't be fooled.
He's fooled by the stocks that I got.
That's right.
There you go.
But you know what?
He really has.
He's had more gaps this year than he has at his whole life.
And I think part of it is that negative guy underneath him, Charlie, you know, his name is.
You know, he's about as bitter as you can possibly get.
You know, in regards to the tax that the rich are paying, no one's accusing them of breaking any laws.
And if you have that type of wealth, you have people that are smart enough to stay one step ahead of the tax code and the IRS and to figure it all out, which makes me think they'll just figure out the next thing too, right?
They always do.
Yeah.
And by the way, Adam said there's nothing we can do about it.
Actually, we can when it comes to inflation.
We can vote out the people that are in power when inflation hits.
And that usually does happen.
Dude.
By the way, this guy named Motown Music Factory, I don't know who it is because there's not a name behind it, just gave 10 bucks.
And he said, America will look worse than Detroit without people like Elon Musk.
Just ask Jack Ma.
I agree, and I'm going to give you 10 times what you gave us, which is $100.
Let's make a note, Kai.
The Motown Music Factory, send us a text to 3103401132.
We're about to send you $100 because I agree with you as well.
We have to recognize these people and build them up.
We're trashing innovators right now.
We're destroying innovators right now.
Everything is about, you know, people today, there is a business model on YouTube for just trashing others constantly.
We enjoy that.
People are enjoying seeing it, right?
It is a model that happens.
I posted a picture of the house I bought, right?
Because Barron's did a story on it.
And then Real Deal did a story on it.
A bunch of people did a story on it.
And so finally, my guy says, what do you want to do?
I said, Tom, why don't we write and put the pictures up?
So Tom wrote the story on vppost.com.
Hey, you know, what do you call it?
Bought this house in Fort Lauderdale record breaking, whatever, $20.4 million auto house I bought, right?
Last week.
And I got the keys and I flew out, right?
The moment I got the keys.
But I slept in it two times this week, three times this week.
And I got to tell you.
Taking a shower the other day.
And thank God it's covered here on the bottom.
But at top, it's not covered.
So I'm taking a shot and I'm looking around.
At the top, it's open.
So when it rains, you see the rain.
And I'm looking, I'm like, oh my gosh, from a freaking apartment complex in Granada Hills where drive-bys were taking place too.
Who the hell would believe this story if I told you in high school?
One day, Pat, hey, if somebody said, Pat, one day at 42 years old, you're going to live in this kind of house.
Say, what the hell are you on right now?
The drugs are using it.
That's the American dream.
But you know what?
There was a lot of messages that came, but there was a lot of messages that came with send me money.
There's a lot of messages that came that, you know, you could have given that money to this.
There was a lot.
Everybody has their own dream.
To some people, the dream is a different dream.
To some people, it's a relationship.
To some people, it's a house.
To some people, it's something big they want.
Some people is their legacy of their, you know, they want to do something big with it.
Thank God for the ambitious people who have big dreams and they try to do it the right way.
They're going to break rules.
There's no way in the world you're going to be big without breaking the rules.
But they don't break the laws.
But you can break the rules.
You have to break the rules sometimes to do something big with it.
Thank God for them.
Sometimes we just have to sit there and be grateful the fact that we had a chance to witness a Michael Play.
When people tell me, I was looking at an art in Wynwood.
I was in Woodwood two days ago.
And I go to this one art store.
The guy sees me.
He's like, oh, shit.
I'm like, what the hell happened?
I'm with Senna.
Anyways, Senna, Mario, I think we're out there.
And Carolyn.
So we go, he goes to the back.
Hey, hey, hey, come here.
Hey, I'm Al.
This is Cal.
And this is Val.
Cool.
Good to meet you guys.
This is sad.
We watch all your interviews.
Oh, you watch the business interviews?
No, just the mob interviews.
I'm like, okay, so you're the mob audience, right?
So we're sitting there, we're talking.
And what was I, what story was I telling right now?
Was it talking about the fact that your house, your art, the haters?
The house, the art, the haters.
Oh, man, huh?
Different dreams.
Different dreams.
What was it, man?
I was about to tell a good story with what happened.
Art.
Yeah, I forgot what the story was, but it had to do with that place because I was looking at an art with this guy.
Anyway, so it comes to me here in a minute.
In Wynwood, I don't know where I was going with this, but the house, the art, what was it?
Where was I going with this?
I'll get with it here in a minute.
Okay, but get mentally back into that shower.
Get back there.
You're feeling good.
You were talking about everybody has a different type of goal and might be a house for somebody.
Yeah, I just think we forget that, man.
I think we forget the little kid that has a dream that wants to do something big.
And rather than go, forget about the 50-year-old Elon Musk.
I don't know how old Elon Musk is.
I'm assuming he's in his mid-40s to late 50s.
Yeah, I think he's 50s.
I think he's 49 on the verge.
Fantastic right now.
Dude, go look at Elon Musk not as 49.
Take a look at Elon Musk as a 12-year-old kid who kept reading those books and imaginations and people call them weird, who had an imaginary friend, you know, who had all those weird things that he did.
And he had a dream.
Dude, don't look at him as that 50-year-old guy.
Look at him as the – by the way, even Biden.
You know what I look at with Biden?
I don't look at Biden as who he is today.
I look at Biden.
I'm like, this guy probably, when he was coming up, he was like, he had a dream.
One day he's going to be a president, right?
The guy's got the ultimate, like the lowest underdog.
Like, you know who he is?
He's like when the Florida Marlins won the World Series.
That's Joe Biden, if you think about it.
Yeah, it's like, you know, Jay Buener, you know, Paud Rodriguez, all those guys, the great pitchers.
Randy was there, I think.
I think Randy was there.
I don't know who their pitcher was.
They had a good picture there.
But the point is, we forget those stories.
As much as you may disagree with someone's ideas, Trump at one point had the pressure of the father boarding.
You know, they're sending him away.
Go at this place.
Figure out your lot.
The resentment.
If you love me so much, why do you send me to a boarding house?
Guy becomes a billionaire, becomes a president.
I mean, dude, you got to plot some of these guys.
So the world wouldn't be the same without these people.
We demonize them way too much.
Yeah, and the media is grabbing hold of this social warfare, this class warfare, and they're running with it.
And it's dangerous.
You know, it's making these people seem like they're evil or that they should feel guilty about making all this money.
How about Elon Musk when he almost lost Tesla?
I mean, he was working 20 to 22 hours a day trying to save it.
So there's that too.
Yeah, that's true.
By the way, this doesn't mean, you know, everything with taxes to me is a sales company's compensation structure.
What incentives do you want?
Create a sales structure, compensation structure based on that.
Hopefully they'll do something about it.
All I know is right now they're trying to drive it in a way to demonize rich people.
And I don't think it's going to work out for them long term.
What story do you guys want to go to next?
What story do you want to do?
What's up?
Did you get any art?
I did.
I did.
I'm looking at a couple of bank sees.
I purchased a Mr. Brainwash yesterday.
It's a sick Mr. Brainwash.
I don't know if you're familiar with Mr. Brainwash art.
Like they're telling me that.
I'm covering the transition for that one.
It was the brainwashed stuff like a picture of an older iconic presidential figure that he makes all of it.
Love his work, dude.
I walked in, I walked in, I said, I want that right there.
And I told Mario, don't tell the guy I want it, but I want that.
So we came back, he had a massive price tag on it.
I'm like, let me console.
Let me think about it.
I don't know if I'm going to want it or not.
And then we called around yesterday.
I wired him the money.
And it's coming in this week.
It'll be here Friday.
I am in love with this piece.
It's got two of my favorite characters.
One is Chaplin and one is Einstein.
And I love both of those guys.
Oh, I love both of those guys.
Yeah, it's just a beautiful art.
Some of these street graffiti artists are ridiculous at the work they do.
Do you have the Bezos story with Mona Lisa or no?
Do we have it on here or no?
Top of page three.
All right, let's go through.
So thousands are urging Bezos.
True story.
Thousands are urging Bezos to buy and eat the Mona Lisa and finally use his money for good.
Bro Bible.
Okay.
Why hasn't anyone ever taken a bite out of the Mona Lisa?
Jeff Bezos, the world's wealthiest man, can afford to buy it and take a bite.
It's time he started putting his money to good use and doing good, doing things nobody else can.
The Mona Lisa is a 518-year-old, 518 years old.
That's a long time to have existed without a single living soul taking a bite out of the painting.
Bezos can afford to do that anything he wants, literally anything.
That's the premise for this petition that has picked up thousands of signatures over the weekend.
So why shouldn't Bezos, with his fortune of $193 billion, buy the painting and take a bite?
Going to space is stupid.
There's nothing in space worth seeing but Earth.
And you can see Earth from here.
You could take a hot air balloon really high if we wanted to, according to Fox News.
An art expert valued Mona Lisa at $60.9 billion last year.
Yeah, well, let me just, let me jump in here because I know you're not a fan of space.
You have no interest of going to space.
I like space.
I just don't want to go in it.
I have no problem with space.
It's sort of like with pets with me.
I don't dislike them.
I just don't want any.
Okay.
Well, you don't have to go.
1% chance.
So rather than taking a bite out of the Mona Lisa, by the way, I think this is obviously a humorous sort of joke of a story.
Buy a $60 billion painting and take a bite.
Here's a better idea.
It's an onion story.
No, I don't think so.
I think it's actually that absurd that they want him to do this.
I think, like you talked about, picture the young Jeff Bezos, right?
The young Jeff Bezos, now he's 50-something years old, wants to go to space.
I think if you're going to do, if you're going to buy the Mona Lisa, rather than taking a bite out of the Mona Lisa, which is just absurd on the face of it, take the Mona Lisa to space with you.
Let's say you spend a quarter of your wealth.
Can you imagine who painted the Mona Lisa?
Leonardo da Vinci?
Leonardo da Vinci, you know, 500 and something years later, your painting that you painted in Italy, right, is now in space, looking down.
It's the one painting in space.
That to me has a little more brazen.
That would be actually kind of cool.
You could get some good shots of that.
The Mona Lisa looking out the window, seeing her eyes move.
You know, when you have, I've seen the Mona Lisa in person.
It's a lot smaller than you would think.
Yeah, it's not that big.
It's way smaller.
You know, I think the most interesting aspect of the story is what the value of the Mona Lisa would be.
I think $61 billion is preposterous.
I think that's ridiculous.
You wouldn't pay for it?
Well, I just don't think, let's throw it out there in an open market.
And here's what I think it would get.
I think it'd be in the billions.
I think it would get over a billion.
I'm guessing one to two billion, somewhere in that range.
His most expensive painting that Leonardo da Vinci ever had was $450 million.
Okay, it was Prince Badr bin Abdullah of Saudi Arabia bought it for $450 million.
So that's the most expensive painting ever.
That was the painting.
It was the Salvador Mundi.
Okay, and it was Jesus in a blue dress.
Okay, kind of an odd one where his fingers were making the sign of the cross.
Can you pull that up?
So that went for $450 million.
$60 billion.
And by the way, the Mona Lisa is owned by the French government.
It's owned by the French government.
It's in the Louvre.
Yeah, there it is.
That thing went for $450 million.
Saudi Prince.
Is that crazy?
The Mona Lisa is worth $60 billion.
No, no, no.
I don't believe it is.
That's what a French government said.
That's what it's valued at.
Well, that's what a French government official said, and the French government owns the Mona Lisa.
Here's the most ironic part of this.
I think a $5 billion offer would get it.
Here's the most ironic part of this.
So let's say it was valued at $60 billion.
$60 billion.
Do you know where that would put Mona Lisa in the world's wealthiest people?
It would be number 20, and it would bump Jeff Bezos' ex-wife, Mackenzie Scott, from the top 20.
So the Waltons are number 19.
He might do it just to say, Mackenzie, you're out.
Mona Lisa, my new pay.
Is worth more than Jeff Bezos' ex-wife.
Same amount, but she's a little bit, I think she's 59, and that's a 60.
A billion dollars more.
Worth a billion dollars more than it is there.
Okay, so take the Mona Lisa to space rather than take a bite out of the Mona Lisa.
So, yes or no?
Should he do it or should he not do it?
It's a waste of.
Take Mona Lisa to space.
I don't think he should do it.
I thought it was kind of a lame.
Would you rather him take it to space or take a bite out of Mona Lisa?
Okay, do you have any opinion on what happened with G7?
Do you want to go to G7, page 7?
Happening right now.
Let's do it.
Let's go to G7.
Let's see here.
Hang on one second.
Okay, here we go.
G7 takeaway summit takeaways.
The U.S. is back on top.
The Queen cut a cord with a sword.
And world's leaders, world leaders promised 1 billion COVID-19 doses.
This is Business Insider Story.
Let's see how we want to do this.
Which one do you want to go through?
Because there's a lot of stories here.
Just kind of share your thoughts on what you thought about it.
I like the thought on Russia.
The thought on Russia, which one is that?
Just, you know, how Biden is in Europe now, right?
And he talks a good game when he's in front of these other leaders.
Just what is he going to do with Russia?
I just think Putin would dominate him in a one-on-one meeting that is just, you know, you couldn't even measure how much dominance he would have.
I think Biden's afraid of him.
I think he talks a really tough game when he's not around him.
But, you know, we all agree that cybersecurity is one of the biggest issues we face right now.
The threats are coming from Russia.
They are the ones doing it.
And what's a company supposed to do?
Their only option is to pay the ransom, right, and get things going again.
I mean, we don't even know a fraction of the amount of cyber attacks that are going on.
I mean, they said there was like 65,000 last year.
Man, we hear about one every other week, but they're constantly happening.
He has to stand up at some point and address this with him.
And I just don't think he's got the guts.
I think because of Hunter, he has compromised Joe Biden in so many different ways on a world stage that he's just, he's unable to.
I don't think he wants to, and I think he's unable to.
So I think that is such a pressing issue that we'll never get to the bottom of because he's not going to do anything.
I think the key thing that is happening with the G7, and it comes down to you talked about policies and basically different perspectives on how things are operating.
I think for sure, and this isn't a knock on Trump, but his whole brand was unilateralism.
America first, I got this, I alone can fix this.
Whereas Biden or the Democratic Party, they are more about multilateralism.
They believe in the power of multiple countries, i.e. the G7, the G8 or the G20, working together in cooperation to solve big problems.
We just dealt with the biggest problem in the last hundred years, the coronavirus.
And now this is the importance of working with your allies.
I think there's a famous, to quote my friend Kai over here, his hero, Winston Churchill, the only thing worse than fighting with your allies is fighting without them, right?
Winston Churchill.
So right now we are working with our allies, UK, France, Japan, Germany, G7 countries, to work together to figure out what the hell is going on in this world and coalescing behind an anti-China and even an anti-Russian opposition.
Because at this point, the world needs to unify against what the hell China did or what it's doing.
And make no mistake about it.
Did you see the interview with, I believe his name is Kier Simmons?
He interviewed Putin a couple days ago.
Did you see that interview?
He pressed Putin pretty hard.
Putin would not talk bad about China at all.
He's basically saying, why are you trying to make me say bad things about China?
We're working together with China.
So you talked about cyber warfare and ransomware and everything that's going on like that.
That is the new modern warfare.
And who are the biggest culprits in that?
For sure Russia.
For sure China.
So I think the world needs to come together and call out bad actors for what they are.
You know, this is the time for democracies to stand up, United States, the UK, France, Germany, modern-day democracies to go against authoritarian dictators of Putin and Xi who are working together.
And this is the world against the bad actors.
So I think good things will come from this G7.
And whether you're a Biden fan or not, you should not be rooting for Putin in this instance, okay?
Root for Biden to tell basically, Putin, stop fucking with the United States here or we're going to come after you.
I don't think they came out of it any more aligned, though.
There's a lot of friction between even these seven leaders as far as what to do with China.
I mean, that's part of the story, the narrative of what happened at G7 is like behind the closed doors, they weren't agreeing on anything.
There is a, he said, what did Putin say to China?
He says, on Russia, Biden said U.S. relations with Moscow have reached a low point.
Low point.
What does that mean, low point?
I mean, low point, it wasn't low just a couple of years ago.
Why is it a low point?
Well, then he followed that up by saying they're at their lowest point that they've been in a very, very long time, but we don't want conflict with Russia.
That's what he said.
Well, stop hacking everything and stop putting viruses in everything and maybe we'll have a better relationship.
It's a two-way street.
Like my mom used to always say, in order to be a friend, in order to have a friend, you need to be a friend.
So here we are trying to have good relations with Russia, but everything in the news is Russian hackers did this.
Russian did this.
Do you think Putin is sitting there weighing out which ally is more important and necessary to him, China or Iran?
And if yes, he is.
Who is more important to Russia than?
China without even a question.
Tell me why.
China versus Iran?
No, no, I'm sorry.
My apologies.
China versus U.S. Who is more important of an ally, China or Iran?
Well, China or U.S. China.
U.S. is not an ally with Russia, and they're clearly aligning with China.
I get that.
But what I'm asking you is, is Putin sitting there saying, I better be careful, you know, because he doesn't think U.S. is going to be that powerful nation as it once was?
I better start kind of stepping back and kind of making sure that my relationship with China is strong because they're neighbors.
They're down the street from U.S. and each other.
I know.
So they're neighbors.
But I better be better with China than I am with U.S.
Well, he came out and said that he is working on relationships with China.
I mean, he came out and did not deny.
It's not important to him, do you believe?
China.
Without a doubt.
Do you think China is more important to Russia than U.S. is?
Yeah, probably because I don't think he, I think each day that goes by, I think the threat of the U.S. is minimized in his mind.
And he's definitely calculating every possible move that he could make.
That would be my question if I'm him.
I would be looking at that if I'm him wondering which one of those two relationships.
It's interesting.
Yeah, because even just look at from the rest of the article, some of the big things that the, when I talked about multilateralism, these countries and these Western democracies working together.
Key issues, China, vaccines, COVID.
We talked about this global minimum tax of 15%.
Believe me, they're working on that.
Climate change.
These are big issues that major company, major countries have to work together on.
You can't go at these types of things alone.
So Pat, you were getting at the fact that if he looks at China as a bigger threat, he might soften on the U.S. and look to align in a few more ways.
No, no, no.
Just the other way.
Like if he sees China is about to be a bigger threat to the world and take over U.S., it is more necessary for him to have a better working relationship with China than it is with the U.S.
So his one-two.
You know how in life you have kids and you have wife.
Which relationship matters more to you?
I don't think I should answer that.
No, no, that's actually a real question.
I think which relationship is, if you have a wife and kids.
I mean, again, I'm not married, no kids, but I hear every single one of my friends basically say the most important thing are my kids.
That's what I hear every parent say.
I can find a new wife.
I can find a new husband.
I don't disagree.
I love my kids.
I don't disagree.
Is that the question you're at your mind?
No, what I'm asking is which one is more important for you to have a better relationship with?
Probably with your wife.
Oh, your wife, your wife, your relationship.
You know, I'm talking about who it's more important, not who is your, your wife's not your blood, but your kid is your blood, but you made the kid with the wife, right?
So you have to realize that part of it.
But, you know, he's weighing out which relationship's more important right now to him.
And I think for the time being, he's probably sitting there saying, we better not go through the whole process of U.S. always being number one.
U.S. is getting weaker, maybe, not as strong as China was.
China's getting right now.
China's making a lot of progress.
We may want to kind of consider being lighter on China than U.S. Which is scary because if they're allies.
That's it.
They already are allies.
They already are allies.
This is why.
This is why I'm banking on India.
This is why I believe India is a, because if India, China, and Russia team up, game over.
If India, China, and let's just say somebody gets elected in India that hates the U.S. and likes more what China and Russia, and they're bought, it's over.
If India gets bought out in the next 10 years, it's game over.
That's not happening.
I'm telling you, I'm just telling you, it's not happening.
Meaning, I think there's some commonality here with democratic countries and autocratic countries.
There's like-minded thinking with China and Russia and Iran and North Korea.
They're like-minded thinkers, just like in democratic countries and Western democratic civilizations, United States, France, basically Europe, India included, Australia included, there's like-minded thinking there.
So, of course, Putin and Xi are going to see eye to eye on things, just like a Biden and Merkel are going to see eye to eye on things and Macron.
All good.
Okay, sounds good.
Gang, we're doing it again.
I believe Thursday we're back on.
Yes, this Thursday we're back on same time.
I'm going to be coming in late, late, late the night before, but we're going to do the podcast this Thursday as well.
So be with us.
I know we were off for a week, but this Thursday, same time, 9 a.m., we'll be back on as well.
