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Patrick Bet-David Podcast Episode 91. 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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About the host:
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.
Follow the guests:
Gerard Michaels: https://bit.ly/3fMja9z
Tom Zenner: https://bit.ly/3jJ93CN
Adam Sosnick: https://bit.ly/2PqllTj
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#PBDPodcast
Start - 00:00
6:38 - Tom Brady is the NFL's most disliked player, Brady carried Belichick
10:27 - Building a team around ownership
13:43-16:15 Basic Instinct
16:24 - PBD on Rogan
24:19 - NYU professor says college will lead to mating crisis
42:14 - Australia phone call
1:19:07 - Michael Burry & dot.com bubble
1:25:09 - China bans crypto
1:31:33 - Is the coming market crash worse than previous ones
1:36:24 - Inflation is coming
Okay, episode 91 with Zenner, Adam, and Gerard with a lot to cover, man.
We were actually listening to a song, Pope Imp, Do You Wanna Ride, and Do or Die?
And then you asked me what the other song was I was listening to last night with Phil and Cherie and Mario is Maya, Best of Me, but the second version, part two, not part one.
I think she's got one with Jada Kiss.
We were listening to the video.
Well, that's your claim to fame.
You don't like the main song, you like their second best song.
Side B. What's that?
Side B. B-side?
Maya had that booty, boy.
Oh, boy.
There's Gerard.
Oh, boy, oh, boy.
Gerard.
I'm just early.
I call it like I see it.
And Maya had Maya, Aaliyah.
How'd you see it?
How'd you see it if she was Summer Jam 99?
Hot 97, Summer Jam 99 at the old Giant Stadium.
Yeah, man.
You know, she's still doing stuff.
She's just low-key.
Maya?
Yeah.
Is that right?
Yeah, she's still doing it.
And she still looks good.
Yeah, she still looks good.
You know, but you got to, that was a long time ago, though.
Kira, that was a great time.
Yeah, that was the MTV.
That was the Halcyon days of MTV.
I kind of see you as a VH1 guy.
I don't know why.
I did.
I liked the one with the bubble, pop-up video.
I was a big pop-up video guy.
You could learn and listen at the same time.
Were you a VH1 guy or no?
You're jukebox, like 69 boys.
That's you.
American bands.
Take what your mama gave you.
I mean, I grew up on looking at two lines.
No question about it.
Miami.
Miami is you.
No matter.
You have a striking resemblance to Uncle Luke, as it turns out.
Uncle Juke.
Okay, so we got a lot of crazy topics to go through.
We're going to get a caller from Australia.
I think we're going to call him probably early to see what's really going on in Australia with that video from Guardian that was posted.
I don't know.
You saw that girl getting choked by the cop.
She kicks the other girl.
I'm excited to see it.
Kai, do we have the good kind of excitement?
Yeah, I mean, it's pretty intense what happens there.
So we'll call somebody from Australia.
They keep throwing around the term New World Order.
Like very, very loosely.
Just keep throwing it out there.
Did you see what Michael Burry's been saying lately or no?
Have you been following anything?
Like, have you been following which company he's bought the most puts on and which companies he's bought the most calls?
Call options.
And they're saying Big Short 2 is coming up.
We're going to talk about which call options he's got and which put options he's got.
Put, when you buy put, you're assuming that stock's going up.
Call is going up.
I'll give you the different companies.
Kai, can you pull up Michael Burry's article from today, Business Insider Today?
He's got some bold predictions coming up based on three different indicators.
We'll talk about that.
New York City, did you guys see New York City video, the governor yesterday, what she did?
National Guard firing all the unvaccinated.
Cuomo's been out for how long now?
Has it been a month?
Six weeks.
He's gone.
And what's the new lady's name?
Kathy.
Kathy.
Just Kathy.
I don't know her last name, but Kathy.
But whatever she's doing, she's at Kathy Establishment.
Yeah, actually, actually.
What's he about to do?
Wait.
What's he about to do?
Got a text from her.
Wait.
Oh, his license.
It's not my governor.
Ronnie D. Get out of here.
Ronnie D. Get out of here.
Let's see it.
Let's see it.
Yeah.
All right, everybody.
This drug kid.
Literally just did that for the internet.
I'm not even.
I'm not even.
He just doxed me.
I'm not even going to.
I'm not even being facetious.
He looks like he mass murderers.
Agree?
Holy moly.
Yes.
That's not the case.
Angry mugshots.
You do not want to share yourself with the bad.
There's an actual reason behind this, guys.
The old wives' tale is to look as bad as you can possibly look when you get your driver's license taken.
So, God forbid, you get pulled over.
They're like, oh, no, he hasn't been drinking.
That's what he looks like all the time.
That's the one way to get out of the DY.
I besheaded myself completely.
By the way, DeSantis, question for you.
How old is he?
DeSantis is 44.
Wow, I think a little older.
I'm going to say 51.
Tom.
Just keep it in his perspective.
You're never wrong.
Okay, he's 51.
Do you know the age or no?
Okay, don't look.
How old is DeSantis?
DeSantis?
55.
55.
You said he was a bad person.
I said 44.
September 14th, 1978.
The guy's 43 years old.
Oh, wow.
Jobs are never wrong.
He's never been wrong.
He just turned 43 last week.
Younger.
Happy birthday, happy belated birthday.
It's to DeSantis.
He just turned 43.
Libra season?
Yeah, I mean, he's a little bit more than 30 years ago.
It just shows you how politics ages you.
He looks like a Virgo.
He looks like a Virgo, though.
He talks like a Virgo.
He talks like everything's perfectionist.
He's like a Virgo.
What's a Libra?
What does a Libra look like?
There's balance, trying to figure things out.
They're kind of, you know, see both sides of the argument.
They're mediators.
Libras are very different wiring they have.
Let's ever get into the top.
Scientifically proven.
Proven.
The greatest sign in the world is a Libra.
This is proven.
There's no question about it.
What's the birthdays of a Libra?
September 23rd, probably till October 26th.
So my mom's a Libra.
You're a Libra.
And isn't Dylan a Libra?
Dylan's a Libra.
That's what I want to do.
That's interesting.
That's Dylan's birthday.
How was it?
Dylan's a Libra.
Dylan just turned eight years old.
Dilly boy.
So proud of that guy.
Young Star.
Good kid, man.
Dilly's turned eight years old, and he's 295 pounds.
He's kidding.
Jesus.
His trainer is Phil Heath.
I mean, if Phil Heath is training preternatural for Mr. Olympia, the way he's going.
Daddy, what's a deadlift?
Dilly's going to be about 6'5, 6'6.
Dylan's big boy.
Dylan's a big boy with swagger, charm, and a sweetheart.
Very interesting combination.
Very, very weird combination.
And very nice gift you send them.
Yes, of course.
Everybody sent gifts.
Everybody had a gift rap.
Mario just brings a gift, a toy, not rap.
And Adam always wants to save money.
He saves that money.
He sends a video of Will Farrell.
Let the boy watch.
And I wanted him to watch.
I wanted him to learn early.
And you saw the video.
I recorded his reaction.
He learned like his father learned before him and his father before him.
Gabriel.
Gabriel.
What are the odds?
Okay, by the way, Facebook and Instagram threatened with ban from iPhone after secret slave market uncovered on apps.
Wow.
Do you realize Apple banning Facebook and Instagram?
It's a little intense right there for that to be taking place.
I thought Facebook and Instagram are uncancelable.
Imagine if Apple does that to him.
Amazon is lobbying the U.S. government to make pot illegal.
Tom Brady is the NFL's most disliked player in most of the nation studies shows.
And Zenner says that Brady carried Belichick, that Belichick may not even be in the top three greatest coaches of all time.
He said he might not be in the top 100.
No, I never said that.
I said he probably is in the top 100.
He probably is.
He's not proven that to me yet.
Let's look at the body of work when he's done with his story, Bill.
He's not going to Tom Zenner, Bill.
Your life is not complete.
Maybe when he gets to his place.
The fact that he's 10 games under 500 without Tom Brady means nothing to you.
Name five better coaches than Bill Belichick.
Okay, Sean Payton, Andy Reed, Don Shula, Jimmy Johnson, Pete Carroll.
He's got to go.
Ask the question I answered.
By the way, you didn't even say Lombardi.
Like, Lombardi's not better than.
No, but Lombardi, I don't go back that far.
I prefer to stay more than a minute.
Jimmy Johnson and Sean Payton, though, yeah, those guys.
You know what?
It's easy to just say that and laugh at me, but let's see what he's done without Tom Brady, what it's all about.
Let me ask you a different question.
You got two choices, Parcels or Belichick.
Who do you choose?
I would probably pick Parcells.
I would pick Parcels for his ability to build a situation.
What did Bill Belichick do to your family?
This is not personal.
This is not a personal event.
It is not personal.
It is not.
Tom's immediate member.
You know what?
You guys like to throw it?
No.
You guys like to throw it.
What about the year he had Matt Castle?
Brady was still on that team.
His presence was still alive on that roster.
Okay, that was his one winning season without him.
Could you look at his record?
Did you see what he's done so far this year and last year?
There's two arguments here.
You know, our audience loves sports.
There's two arguments here.
This supersedes it.
There are two arguments here.
One of the arguments is the following.
One of the arguments is if Belichick, standalone argument, one of the greatest coaches of all time, if not the greatest.
But the second argument is who carried who?
Brady Belichick.
The argument of Brady Belichick right now, it's not even close.
It's obviously going to Brady.
He's proven it last two years.
As of right now, because no way, man.
By the way, isn't Belichick right now one and two?
They're one and two.
Mac Jones said he threw for two or three interceptions.
He's a rookie quarterback.
He's starting over.
Always excuses.
Always the alibis.
Excuses.
Wait, wait, but go back to it.
You're taking Belichick over Brady?
Yes, absolutely.
Oh, my God.
Here, let me ask you a question.
If Belichick is so smart, why did he get rid of Tom Brady?
Tom Brady.
Why does that happen to Drew freaking Henson, man?
If Tom Brady is a six-round draft pick of the New York Jets, he's an older guy.
You guys know what he's doing.
He's one football.
He's very overreaching.
Is this an act to get a plug for VT Sports?
Be honest.
By the way, come to it.
You describe it.
I know the angriest person right now.
And you know he's listening because he's a big entrepreneur.
The angriest guy listening to this going, yeah, you're right, Gerard, is Drew freaking Bledsoe.
Because if Marvin Lewis doesn't blow his spleen up, Drew Bledsoe's got three Super Bowl rings and he's the king of Boston.
You guys are acting like I said Les Steckle is the greatest NFL coach of all time.
I'm simply saying Belichick hasn't done squat without Tom Brady.
Nothing to say.
No, he didn't.
He was an assistant coach.
He was a defensive coordinator.
He didn't win him.
He was part of a staff that won a Super Bowl.
Tom, I don't know what happened with you and Bill Belichick.
Everything will work it out.
Don't worry.
Everything's going to be okay.
Folks, if you're listening to this, by the way, for the 20% of you guys that follow sports, here's a question for you.
Thumbs up if you have a choice.
You can pick Belichick to build around a team or Brady to pick around a team.
If Brady's your choice, smash thumbs up.
If it's Belichick you want to build around a team around a coach, put thumbs down.
I'm curious to see what happens.
Right now, I've got 112-2.
I'd be curious to know what people say.
I know we make this joke a lot that our audience doesn't like.
For you, though.
For you, though.
But you generally think our audience doesn't even like sports a little bit?
No, that's why I said 20%.
I got to say more than that.
Maybe 22.
Maybe 22.
We've been increasing.
But this is a business plus minus 2.
Like, okay, who would you build a business around?
Would you build a business around a great CEO or your top performer?
Like, if you have a first-time personality, first of all, I asked this question from who's the great player of New York old school.
Anyways, he's a, I cannot be able to forget.
No, in New York City, he played for Knicks back in the day, 70s, 2022.
2054.
No, that era, though.
He played with Phil Jackson.
Control the Pearl Monroe.
Pro-Pearl Monroe.
Yes.
And I say, what's the most important thing to build around?
Is it ownership?
I've asked this question a few times from owners, players, all these guys.
Ownership, a rock star player, a head coach, a GM.
Who's the most important?
Superstar.
Get me a superstar.
Guess what he said?
He said ownership is number one.
No doubt.
He said ownership is number one, then superstar, then head coach, then GM.
It was so interesting the way he put it.
He says, because imagine if Donald Sterling has Michael Jordan.
You think the Clippers are going to go be the next Chicago Bulls?
Hell no.
Hell no.
He's not going to do nothing like that, right?
So you need an owner at the top, like a craft.
You know, people don't give enough credibility to guys like Steinburn or like Jerry Buss, 33 years of owning the Lakers.
The guy won 10 championships, one out of three years, the Lakers won it.
So that's the argument.
But superstar, after you have a great owner, listen.
Brady's don't come along all the time.
Yeah, but you got to hold your breath.
They don't get hurt.
It's not even close.
All right.
Listen, in the entertainment industry specifically, you can have an unbelievable writer, incredible cast.
All right.
But if the director doesn't know what he's doing, the executive producer doesn't know how to promote the film or doesn't know how the movie's going to be terrible.
How many times have you seen an amazing act?
Look at Batman with Val, Val Kilmer, George Clooney, incredible actors, massive casts, all the money in the world thrown at this thing.
And then you get, you know, bat suits with nipples.
You know what I'm saying?
Like, that's the Joel Schumacher Batman.
Nobody in the world is going to say Val Kilmer is a bad actor, right?
Val Kilmer is a massive, incredible actor.
Doc Holland.
Great security guard, though.
He's great.
No, no, no.
That's Lundren, right?
Bill Lundran.
With the chazzer.
I mean, so you got Doc Holiday, and you got, you know, one of the great character actors of all time.
He becomes Batman.
It's a terrible movie.
It's top-down, guys.
The best leadership guys can create an environment for people to be successful, people to perform.
That's what I think.
I think, look, you could be an unbelievable salesman, but if you can't have a team around you that's going to be able to support you, it's not even close.
90% of people say they would choose Brady over Belichick.
They would choose Brady over Belichick.
Yeah.
What?
Yeah, as a player.
Nonsense.
Yeah, I don't think Bill Belichick should be lining up across Tom Brady.
Let's see what happens.
Let's see what happens.
By the way, what about that kick this week?
66 yards.
66.
Insane.
You notice how we haven't seen Paul Scarcig all week.
He's a huge Lions fan.
He's on Suicide Watch right now.
It's not a good loss.
Imagine this lock.
That's a painful loss.
From all side of the field.
Offstanding.
That's a painful from your own side.
By the way, can you call that the greatest field goal winnings, you know, regular season of all time?
Maybe regular season.
I'm not going to put a playoffs, but I'm going to say regular season.
I think so for sure.
Shout out to your new creative director, a fellow UT alum with ZP.
ZP is a UT hook'em horror.
Who is ZP, by the way?
Who is ZP?
By the way, that's our new line.
Who is ZP?
ZP.
Yes, City, we're having lunch at where were we at?
At Gary's farmhouse with ZP with Mario.
And I come and I joined them.
Was Sam with us as well?
Sam was with us as well.
And Mario's like, you know, we're having a romantic moment here right now.
I'm like, what are you guys talking about?
They were talking about some show.
And then that conversation went to talking about the fact that just three months ago, I'm on a flight.
And I'm like, you know, I haven't seen Basic Instinct for 30 years.
I put in Basic Instinct.
Kids are sitting next to me.
I forgot how bad it was.
No joke.
By the way, fantastic movie.
Fantastic.
Great story.
Forget about all the, you know, the stretching yourself.
You can't forget about it.
But I'm talking about like the movie by itself, great movie.
Richard Geer?
Sliver came up.
Michael Douglas.
Michael Douglas.
I get those two confused sometimes.
Sharon Stone and all her glory.
No, the best was Richard, or was Michael Douglas' partner?
You know, kind of the heavyset guy who's part of it.
Every line was a cliche in that movie.
Joe Esther House wrote that thing.
Smoking cigarettes over his pancakes.
It's ridiculous.
Do you remember the first time you saw Basic Instinct?
Probably when it came out, 1992.
How great that happened?
How great was Newman in that scene, by the way?
Yeah, yeah, yeah.
Somehow you got Michael Douglas.
Yeah, you got Newman sweating bullets.
So you let the boy watch, Dylan, and the kids.
I don't think he's ready for Basic Instinct yet because it may fire him up a little too much.
But I think we talked about Sliver afterwards with, I don't know if you remember Sliver.
Which Baldwin, yeah.
Billy, which Baldwin, though.
Billy Still.
There's like 12 of them.
I don't know.
There's both of them.
Billy Baldwin.
Yeah, Billy Baldwin.
I know it wasn't Alec.
Name a song from Sliver.
We figured it out.
Name the main song from Sliver.
Damn.
A main song.
I was going to say she drives me crazy by the fine young cannibals.
Okay.
That's a good try.
That's a good try.
It was a slow, smooth, sexy song.
I remember that.
Wise men say.
Ub40.
Yeah, but it was a UB40 stat.
The UB40 version, yes.
Yeah, great.
I remember that, of course.
Dylan, if you're watching this in a couple years, all right, and you did get a chance to watch Basic Instinct.
It's not the 70s anymore.
Things are a little better around.
The 90s were great for movies, by the way.
Don't be afraid of the movie.
I thought the 90s was a nice decade.
I don't disagree.
I think so.
90s had romantic comedies.
They weren't trying to have an agenda behind every single movie when you watched them.
I think the grooming has improved for them.
So, Kai, we got it, Gerard.
Yeah, I mean, we got a lot of stories here.
What are the chances of us starting with football?
Brady, Belichick, Basic Instinct.
Sorry for bringing the show down, guys.
This is incredible.
Did you do anything fun last week by any chance?
What did we do last week?
Was it Dylan's birthday?
Oh, you talking Rogan?
Oh.
Yes, you're talking Rogan.
We had a good time.
Yes, we had a good time.
Did you watch the whole thing?
Oh, man.
Look, you're going to think it's going to, you know, I like you and we're friends and stuff like that, but I'm a big Rogan fan.
That was one of the best Rogan episodes.
It really was.
Tell me.
You guys vibed, man.
You guys seem like old buddies.
You were hanging out with a dude from the barracks back in the day.
Yeah, he was really engaged.
I mean, he just abnormally engaged.
What was in the cup?
Was that water in the cup?
It was vodka.
I was just committed to my heritage.
Tito's in Austin.
The wrong thing.
When you went in there, how long did you think the interview was going to last?
I have no idea.
I mean, you don't think from that standpoint, but literally, we're both talking.
All of a sudden, you look at the clock.
I'm like, oh, shit, I want to be late to my flight.
Because they told me if I don't get to the private airport by 5 o'clock, that's done.
I have to stay overnight.
I'm like, I got board meetings the next day.
So I had meetings the next day that we had to handle.
But yeah, we made it.
It was incredible.
The conversation was great.
He's the ultimate renaissance man today.
The guy is what?
Arrows, hunting, UFC, MMA, you know, the U.S. Open Taekwondo champion.
You know, the guy's everywhere.
But he doesn't earn sports and he doesn't do NFTs.
That's what I learned about.
He doesn't do sports.
Doesn't do NFTs.
We know who Lucas is.
But he's officially got an Anthony Fauci rookie card.
That's huge.
That's huge.
The hottest man in the world.
He's going to keep talking about it until it gets up, up, up.
Was he the same off-air?
Was he cool?
Same guy.
Just the same guy.
You know, the best people are those that they're just the way they are, no matter what, whether the camera's on or not.
Same guy.
Just chill, you know, strong opinions, curiosity at the highest level.
Great exchange, great conversation.
And it seemed like you were asking him as many questions he was asking you.
He's more like, when Pat interviews, when did you decide you're going to interview Rogan?
Dude, I mean, I'm curious.
I want to know what this guy's thinking.
I want to know how, you know, when you think about the most necessary people in America, I got him at the top of the list.
He's forcing the conversation to be had.
He is forcing you to have the conversation.
Think about that.
Yeah, without a political agenda as a starter.
You got to respect.
He doesn't have that.
No, he's telling you, hey, listen, guys, you disagree?
Let's have the conversation.
How many people are doing that today?
Not that many.
Versus, screw you.
You have no clue what you're talking about.
I don't ever want to talk to you.
No, he says, come on, let's talk.
Yeah, plus he's enlightened going through COVID and the treatment that he had.
He has a really interesting perspective on that.
And it was pretty clear that you said, listen, calling the other side an idiot never will convert the other side.
I know he's not a fan of Trump.
He's definitely not a fan of Biden.
Apparently he's a big fan of Joe Jorgensen, friend of the show.
All right.
I got to push back on that, though, for both you guys.
I do have to push back.
Let's hear it.
Don't get canceled, Gerard.
We will cancel you right now, son.
On your birthday.
One part of it that I did agree with is that that's a learned trait.
You have to learn to give your opponents credit.
And I do believe at the end of the day, you did say that.
You can learn how to do that.
It's a learned trait.
And I think we do need synergy.
But I think also we lived in a moment and we're still living in a moment where people weaponized empathy, where an entire group of people took people's kindness as a weakness.
And at some point, you had to be firm.
You had to be able to tell somebody, no, put your two-inch earrings away and your purple hair and shut the hell up.
All right.
You had to get firm with people and you had to be like, no, this is stupid.
I'm not doing what you're telling me to do anymore.
I've done it.
I've acquiesced enough.
Now I'm saying no.
And if you push back again, I'm going to say no firmer.
I think at some point they pushed too far.
They took too much advantage.
And now the other side had to get nasty with them, had to match that energy.
Now from there, once there's a mutual respect, once you understand that, hey, look, enough's enough.
And I am, if you're committed to disrupting my lifestyle, I'm committed to living my lifestyle.
And then the chips fall where they may.
And then you can have synergy from there.
That's just my opinion.
Gerard, I think you need to find a local MMA place to go train because you have a lot of, you got rage, you got to release.
You got to go fight.
You got to have a lot of anger.
After seven o'clock, you and him should just wrestle and fight.
That's what I'm looking to do with my spare time.
Yeah, I saw this freaking grizzly ball.
All you have to do is just tell Gerard Belichick sucks and it's on.
David Parra over there, to his credit, David took the challenge.
Oh, yeah, that was big time.
He wouldn't do it.
Askarsiga wouldn't do it.
I said, look, $100, the three of you guys take me down.
Three versus one, $100 each.
You're getting all comfort the same thing.
Wait, wait, who was it?
David who else?
David and Paul.
Paul.
And Nancy.
And Adam and Nancy.
And Nancy.
I said, Nancy, you're going down.
I did not get involved.
No, I'm going to kick you right in the face.
Adam was the first out.
Nancy said no.
And then, like the commie, she is waited for David to engage and then tried to kick my knees.
So David, to his credit, David came all the way in.
He went into the cage.
Wow, you got to respect that.
You got to respect that.
I'm thinking I'm filming some segments tomorrow.
I'm trying to go out to the club this week and have a good time.
The last thing I'm doing in my spare time is wrestling this grizzly battle.
Hey, by the way, it could be done.
Not the face.
With a little strategy.
You just have someone sneak behind him, kneel down, and you push him over.
I mean, it could be done.
Watch out, buddy.
Guys, how about we get into some topics?
That's okay with you.
Let's get into some topics.
Kai, whenever our friend from Australia is ready, you let me know.
I'm going to do one topic, then we go into our friend from Australia.
Okay.
So let's go into New York.
An NYU professor says fewer men going to college will lead to a mating crisis with the U.S. producing too many broke and alone men is what this professor says.
Let's see where he's going with this because the numbers are pretty staggering when you look at the graduating class.
This is an insider story.
Fewer men than women are attending college, which is leading to a mating crisis.
The New York professor Scott Galloway said women made up 59.5% of college students at the end of 2021 school year.
That's 60%, an all-time high, with a comparison to 40% of men enrolled in college.
But Galloway warned that beyond the classroom, the gap is causing an existential threat to society.
So the issue I have with the college thing, right, is talking about a bunch of bullshit.
This dude, first of all, the reason why these women at NYU don't want to have kids is because the college professors are telling them that their job is more important than anything that they're going to do as a family.
They have brainwashed an entire generation into thinking these women have to have a career or a family that they somehow can't have a career and a family.
That's number one.
Number two, this idea that because you don't go to college, you're somehow going to end up broke and alone.
Like truckers aren't making $250,000 a year.
Like soldiers aren't out there getting laid.
Like plumbers aren't out there with mansions.
Dude, this is the biggest, the higher education, upper echelon education in America is maybe the biggest issue in our entire culture.
Because all they do is funnel ideology and it's non-stop social pressure.
Come to college, do what we tell you to do, fit in, do anything that we say, otherwise your life is women aren't going to like you.
No job's going to hire you.
And then those are the same people that turn around and they think communism is the only way because capitalism's failing them because some idiot plumber makes more money than they do as a PhD in basket weaving.
It's all BS.
This guy just exposed everything to higher education.
Go ahead.
But Scott Galloway is Scott Galloway isn't one of those typical liberal college professors.
Do you know who Scott Galloway?
I don't.
Yeah, he's a machine expert.
No, no, it's not.
He's a liberal.
Don't get me wrong.
He's a liberal, but he's not.
He's got very good points he makes.
I love Scott Galloway.
Go ahead.
No, he's an intelligent guy.
He's a deep thinker.
Now, he also knows how to get attention.
And this clearly served its purpose because I saw him interviewed on CNN and they almost treated him like an ally, which I didn't expect to see.
You know, the thing that caught my eye, Adam touched on it a little bit, but he equated what's happening as far as the disconnect between the proportion of men and women getting their degrees to what happens in the most violent countries and violent societies and saying that this is like the worst characteristic you can have because it leads to unbelievable violence.
The other point that he brought up that was really interesting is the acceptance rates into college, right?
It is so hard for people to get into some of these good colleges right now.
When he went to school, he referenced the fact that it was a 70% acceptance rate at UCLA.
Now it's 14%.
So it's not as easy as just saying, hey, I want to do this because they're going after exceptionalism.
And that's what he said the problem is right now is the colleges are only accepting exceptionalism.
And that's going to be a big problem going forward.
Kai, can you see?
Go ahead.
Before I tell you, you give your point.
Kai, can you pull up a statistic on men or women historically graduating with a four-year degree?
See if you can get like a 50-year number for us to see.
Go ahead, Adam.
Yeah, I think everyone's made some valid points.
I think the most important thing is that we're actually having this discussion.
For so long, it was, you have to go to college, you have to do this.
There was a blueprint to be successful.
Not so true anymore.
Now you can go to trade schools and be successful.
You talked about plumbers or truckers, technicians, and HVACs people can make $100,000 a year, making more than a college degree even for a lot of people.
The conversation's needed.
You talked about Scott Galloway.
I believe he's the guy that we read his article a few months ago about.
Graduates need to be warriors, not wokeers.
That's the same guy, Kai?
Yes.
Yes.
Okay, so he is not some woke liberal NYU professor or anything like that.
Let me be clear.
That's not what I was saying.
I'm not saying that you were saying that.
I'm just saying about him, he's been very vocal of, he does like making.
What's your point, though?
Now give like a wonderful thing.
The conversation is needed.
However, let's bring this back.
Who is this needed for?
34-year-olds don't need to learn about this because you're already freaking graduated.
17 and 18-year-old young men or even women need to be paying attention to this.
So our younger crowd, our younger audience, needs to understand, all right, this is a perspective.
Should I go to college?
Should I not go to college?
One of the greatest videos you ever done, Pat, was why college is a scam.
Maybe it is.
Let me tell you, if I'm going to college at UCLA and it's a 60-40 ratio chicks, sign me up, boss.
Yeah, right?
That's going to motivate some kids.
Guys, two points.
Just to let me clarify, I'm not anti-education.
I am not anti-education, okay?
But the idea that college is somehow the only way to get educated is nonsensical, man.
All right, Tom.
We all know that.
Do we?
Education in America today exists for two things.
All right.
In my mind, not to paint with a broad brush.
Interesting.
To make people obedient, and that's why there's less crime.
It's an obedient school.
It's a finishing school.
Okay.
Teaches people how to be good employees and listen to authority.
And the other side of it is, is it sells education, right?
Half of the point of education, the only job you can get is to go into education and then sell.
It's a giant Ponzi scheme.
But to me, I'm going pure logic.
Okay, let's go pure logic.
Set aside the emotion.
Look at the stats, guys.
Can you guys flip it for the screen to show this chart, please?
Okay.
And Jorge, do me a favor.
Next time, don't put this in here because my leg hits it, especially when we got four.
So if you look at this, it says percentage of U.S. population who have completed four years of college or more from 1940 to 2020.
Okay?
That's 80 years.
If you look at it, it was closer.
Matter of fact, we were not even going to college 80 years ago.
So only 5.5% of the population male graduated from college and only 3.8% of women graduated college.
So if you put the two together, 5.5 plus 3.8 is what?
3.8.
Is it 3.8?
So 9.3, what's 5.5 divided by 9.3?
Do 5.5 divided by 9.3?
55 by 93.
So it used to be 59% men, 41% women.
And on this poll, blue kept growing.
Blue is male and black is female.
But Godu, the separation has been.
So don't let the separation look like a big number because it's still the same ratio.
Like 5.5 on 3.8 is the same ratio, but it looks like it's closer.
We've been the same.
So the real change happened what year?
The real change happened in 08.
Okay.
So what happened in 08?
That's all I want to know.
I mean, if you go to 08 and you is it the housing crisis, but what did the housing crisis?
Oh, you know what?
Presidential change.
Obama came in.
Okay, so Obama came and Obama was, if you remember when Obama came, Obama said, you know, to get more degrees in, what was he saying, education, lawyer, you know, go be a teacher, go be a nurse, go be this.
In 08, the gap closed and more people started going to school.
So then Obama effect, Obama encouraged people to get graduates.
I mean, college.
But also, something to think about, there was no jobs.
The job markets suck.
So people are like, what the hell am I going to do with my life?
All I'm telling you is I'm looking at data right now.
And then now women flip and they're taking a lead with men.
Okay.
So why?
Let's process that from the standpoint of why.
On one end, when did it become, when was the push, male, female, what year is that?
15, 14?
Female took over in 15, 14.
Go back to 15.
Even 15, 14, yeah, 14 women were ahead of men.
So when did the push become to say men and women are equal?
When did that push become?
That was in the 60s.
That was in the 60s.
Okay, so if you go from 60s, so you got the push from there to when did the push become for women to become executives, entrepreneurs, one glass ceiling, third wave?
What was that?
Third wave feminism is early 90s, mid-90s, third wave feminism?
Would you say third-wave feminism is in early 90s?
Yeah, I should know this.
My sister's going to be so mad at me.
Okay, but whatever the stat may be, there's a reason for this.
So it's greater.
And then what this leads to, the more independence, I was talking to this guy, Marion Tupi, I think his name is.
He wrote this book, 10 trends to pay attention to.
And one of the numbers was the fact that he said by 2100, America's, the world's only got 9 billion people living in it or 7 billion people living in it based on how many kids people are having.
So women becoming more career-oriented when it comes down to a decision.
I was talking to a very powerful woman in America.
I won't disclose her name.
We're having dinner together.
And I said, why don't you have any kids?
She says, I wanted to compete with men.
And I knew if I would have had kids, I wouldn't be able to compete with men because I don't want to give up that 90 days and then having to raise a kid and not being able to stay after the office.
I want to compete with them.
And because of that, I made it to the top of my field and I beat a lot of my male peers.
Okay, so now if that competition happens and babies being born per, that number drops to 1.5, 1.4, 1.7.
This is when the population starts decreasing rather than increasing.
So we have to be around 2.4 per family for it to increase.
2.4 kids per family.
2.4 kids.
For the population to start increasing.
To start increasing.
At one point, this is why you look at right now the age, the oldest country in the world from the superpowers is China.
36.8 is the average age.
If you want to pull up China's average age.
You just say the one baby?
Because they did the one baby.
Now they're back to two babies, by the way.
And they're thinking about going to three babies.
But you got the 38.4.
I think U.S. is 38.1.
Go to U.S. now.
U.S. is average age, average age U.S. is 38.1.
And then go to India.
Now look at India's average age.
It's like 26.
That's 26, exactly what it is, 26.4, 28.4.
Go to Japan.
Japan's as old.
By the way, Kai's killing it today.
Oh, he misspelled Japan.
So close, Kai.
If you have 45 years.
No, no, no, no.
They are the oldest country.
If you have two kids and your wife gets pregnant in China, what could you do?
Oh, they don't understand how to do that.
That's actually a good question.
I think back in the day, Japan is not close.
I mean, that was a very strict rule.
Japan's 45.
Japan is the oldest country.
19, 45.5.
Italy.
Go to the youngest.
Go to the youngest.
Who's at the bottom?
15, Chad, Uganda.
A lot of African countries.
Afghanistan is 16 and a half.
This is why China loves Afghanistan with the whole lithium.
Zambia, who else is at the top?
That's a Nigeria, 17.8.
Keep going.
Congo, Kenya, Sudan, Guatemala is 19.4.
Shout out to Mario.
And Rose, right?
It's Rose's birthday today.
Rose, happy birthday to you, Rose.
Happy birthday to you, Rose.
Okay.
And then we got Ecuador 26, and then you got India 26.
So where's China on this list?
China's 38-4.
We looked at that already.
So they're in the middle of the list, kind of.
36.
So Japan, going back to the top, Kai, Japan is the oldest country, and then Germany.
Columbia.
If you have one seven, that number keeps decreasing.
The country's got to average 2.4 or higher.
Okay?
So both of you guys are kind of screwed the whole thing up.
I suppose you're going to have to go to the next one.
Well, that's what you're saying.
That's why you're stepping up.
We're having 12 kids.
But I did write that list, dude.
Did I see that Columbia's average age is 23, Kai?
Well, what I've learned from hanging out with Adam is that Columbia definitely has the best banter out of any country.
See, Poppy.
You know what?
One thing about this is what about the acceptance?
You would think the admissions departments of all these major universities would be cognizant of this and trying to change the percentage a little bit.
Admit more guys.
I think that's way, way after.
I think they're like step nine.
Okay, then what about the cost and how that's inhibiting this as well?
Because there is so much pressure on kids right now to get into the college they want to.
It's internal pressure.
They're feeling it from their parents, and they are definitely feeling it from their peers.
I mean, it controls teenagers' lives in some communities.
It really does.
You're getting accepted to college.
Getting into the right college in their perceived mindset.
And you have one daughter that's graduated college.
Correct.
Ivana is.
She's 15, so she's a sophomore kind of in that role right now.
10, 12.
10.
He's 12.
Yeah, he's 12 years old.
I really take a lot of umbrage with the fact that this guy somehow equates not going to college with somehow ending up being broke and alone.
Like, going to college is the only way that you're not going to be stupid.
Well, I would argue with you, but I got to go define umbrage real quick.
And I'll be right back.
So this is the thing.
I'm going to change my umbrage.
If you have an internet connection, you have an education.
Yeah, true.
If you have a computer and an internet, you have an education.
I think what he's referring to is this disparity, and that eventually is going to cause a problem, as opposed to trying to force everybody to go to college.
I think he's looking at the 60-40 and saying there's an issue down the road.
My senior year at college, you know what, as I realized I had completely wasted all the money and time just on hanging out and playing baseball and partying was I spent four years in college learning from and about people throughout history who never went to college.
What PhD does Tesla have?
Like, Benjamin Franklin, I'm reading the Federalist Page.
That's a freaking point.
I'm reading the Federalist Papers and I'm enthralled in my political science class.
Was the percentage of the population in college in 1540?
Less than 1%, if that.
Was there even college then?
That is the point I'm trying to make, though.
But the autodidact of the world where you study on your own and you're curious, you're always wanting to learn and it's a never-ending thing versus you got four years to learn and the rest of your life is going to set you up and blah, blah, blah, you know, all the stuff.
People are confused, just real quick.
We have confused as a society access to information with education.
Like the ability to be able to Google something, memorize it for 24 hours and regurgitate it on a test is not knowing anything.
Agreed.
Kai, let me get a phone so I can call this Australia.
Yeah, go ahead, Adam.
You have two points.
You have a couple good points here that college doesn't equal education.
Back in the day, when we were growing up, y'all, we had encyclopedias.
Or we had the car.
Cashiela door to door.
Exactly.
Now you've got our net.
You've got to Google it.
No, no, no.
Don't walk this way.
Don't walk it out.
Anyway.
Hover, Kai.
One thing that, you know, college isn't just about education.
It's just not about being book smart.
It's about being social smart.
A lot of colleges understanding who to be friends with, how to network, who not to hang out with, how to maybe start a business, how to interact in the club, how to go approach a girl.
How many people these days never even know how to call a girl or talk to a girl because it's all online and dating apps, what have you?
It's only a couple of years getting just rejected in person.
It has to happen.
And college will teach you all these things that you won't not actually.
You hear about Shaq.
That's what I'm saying.
Shaq went on Tinder.
What happened to him?
Did you guys hear the story about Shaq and Tennessee?
Sure, he got blown up.
Shaq went on Tinder.
He says, I tried Tinder.
He says, so I reached out to this one girl I liked.
She was pretty.
And she responded back and says, Shaq would never be on Tinder.
Get the hell out of here.
He says, I got off Tinder because nobody believed me.
Can you play that video from The Guardian on what happened with Australia?
So at the end, are you going to send your kids to college and support it?
Yeah.
You are?
Yes, yes.
When you have kids, you're going to be like...
I don't know.
I think in 20 years from now, we'll see where the game's at.
I don't know if you heard this, but 100% of the world's problems are going to be solved by entrepreneurs.
I actually agree with whoever said that.
By the way, you know what I think Gerard's answer is going to be?
100% of his kids are going to go to UC Berkeley.
Yes or no?
Yes or no?
Oh, man.
Can you imagine that?
I'd love to see them when they come back and see Dad.
Hey, Dad, you're clueless.
You have no clue what you're talking about.
You're so selfish.
Just go on my Twitter.
Just go on my Twitter.
Super chat.
What about you?
You answer this question.
Is Tico going to college?
It's Dylan.
Sonny.
He's already going to college now.
Their private school is $75,000 a year.
He's going to university.
I'm calling him out right now.
The amount of books these guys have read.
Dylan's score came the other day when we're doing the teacher.
You know, when you're doing your, what do you call this stuff?
You're sitting out with the teacher and they give you a lot of people.
Here's our conversation.
Here's where the average student is in America.
Here's where the average student is in our school and here's where average student is.
Here's where your kid is at, right?
So it was boom, boom, boom, Dylan.
Freaking Dylan.
He's an interesting person.
Tico does better grades than I'm doing.
I am, Tico's also good.
I have thought about this, and this is the truth.
If he or she wants to be a lawyer or a doctor, go to college.
If you don't know what you want to do, if you're going to be a communications major, engineer.
I'll spend 10 grand.
Engineer.
Go voter.
Go backpack through Europe for six months.
Sow your roach that way.
Learn how to party and network doing that.
It'll cost you a lot less money.
Then come back, man, and be an electrician and be retired by 45, bro.
But I don't understand about the communications, man.
What the hell is this video?
You probably have to do a internship without it.
Yeah, that one's classic.
How's your day going?
What the hell is that?
Those gators?
I just think so much of what we do is wrong.
Like, we were taught if anybody, if you had to go into a trade, you were somehow a loser.
You know, you failed.
You gave up on life.
Now, you know, if I had it to do over.
It was Army, though.
Army was like, you're a dummy, right?
It was the last stock saloon, man.
6908.
I look at the money.
Caddies that have been working construction.
They've been working construction 15 years.
They got three houses.
They're killing it, man.
You look at something.
My buddy's got a wife.
He's got kids.
He's got a house.
When he got married early at 24, you're like, dude, what are you doing?
They're throwing your life away.
Now he's like five years away from retirement.
His kids are going to be 18.
They're going to be out of the house.
He's going to have a pension.
He's killing it.
I just send it to you.
So, Nelson Rodriguez just gave $20.
Pregnancy after two children.
She can be forced to get an abortion.
Also will force sterilization.
It's also common for women to have unregistered children that doesn't exist.
Child gets no benefit, including education.
This is China.
Nelson Rodriguez.
Is that verifiable?
Like, my God.
And who wants to do that?
Hey, Nelson, can you send a link to verify this so we can check it out?
I wasn't playing around with that.
Okay, so check this out.
Watch this video.
This is what just happened in Australia.
And when I posted this, I said, can somebody verify this?
This is a Guardian video that they have.
Go ahead.
He's choking me.
She's choking me.
What the fuck?
Come on.
Because she doesn't have a mask on, Australia.
Get off of me.
Get off.
Let go of your vest.
Let go of your vest.
He's fucking choking me.
He's choking me.
What the fuck?
Let go of your vest off me.
Let go of his vest.
Watch what she does.
She kicks her.
Fuck you.
Pretty solid kick, by the way.
Joe would be impressed with that kick right there.
That's your tax dollars at work, Australia.
Australians are funding that with the hours of their lives.
Yeah, what are you doing?
Now, watch what the guy says.
Oh, my God.
You just haven't made a fucking drug.
What have I done wrong?
You just keep stopping.
Yeah, but you're choking.
You're choking her.
There's a man on a guy.
There's a man on a girl.
There's a man on a girl and you choked her.
For what?
For a mask?
For not having a mask?
Look at Patheticure.
She doesn't have a mask.
Are you serious?
Are you serious just for not having a mask?
For no mask.
Are you fucking serious?
a disturbing video by the way so folks if you watch this that's a let's call George that issue a tissue from Australia okay Okay.
Let's see if George, if you're speaking, he's picked up, so I don't know if you guys can hear him or not because I cannot.
Yeah, good morning, gents.
George, how are you?
Good, good, Patrick.
So, brother, can you take a second?
Tell us your background, like five seconds, your background, and tell us what's going on in Australia.
Yeah, look, I um, I uh, I was actually born in Sydney, um, lived there for probably the first 35 years of my life, and then actually I've had to move into state for work.
But, um, yeah, in the uh, I'm, I guess, one of the fortunate ones, more in the white collar and in a good area, but um, not feeling the same for the rest of the family, unfortunately.
Um, yeah, Sydney in particular has been in shambles, uh, locked up.
I think it's in week 15 now, where you're not able to actually travel longer than, I think, about five kilometers away from home.
Um, yeah, they're rewarding some industries over here with uh, you know, you can only work, but if you're if you're double-jabbed, so that's um that's that's caused some issues, but it's rewarding some people and not others.
And then you've got areas also in some of the more affluent areas in Sydney, which are not being really enforced.
The rules where places that are considered more blue-collar have the army and high-level police tactics units patrolling the streets, making sure that people are living by the rules.
So, George, the video we saw, this is not everywhere in Australia.
This is just pockets.
So, let me give you maybe optics for us in the state.
So, in America, California, New York, we know how they're doing.
New York governor yesterday announced that they're going to be firing the unvaccinated health workers.
And National Guard's going to come out.
And a lot of people are leaving New York.
A lot of people are leaving California.
And some are going to Texas.
Some are going to Arizona.
Some are going to Greenwich.
Some are going to DC.
Some are going to Florida.
Some are going to Tennessee.
They're going all over the place.
What states are more like the New York and California of Australia?
And what areas are more like the Texas and Florida of Australia?
Yeah, no, good question.
So the places that are more like California are places like Victoria.
So Melbourne, a lot of people would know Melbourne is one of the sort of very similar to California.
And Sydney, unfortunately, wasn't like that previously, but it's actually turned more liberal, I guess, if you want to use that term.
The places where people are moving to are generally more north.
So places like Queensland.
So you've got a big influx of people moving into Brisbane and Gold Coast, which are like the more warmer areas and a little bit more freedom to move around and do what you want.
How bad are things in those areas where you said more liberal?
How bad are things?
Like, how are they?
You know, you hear stories about lockdown.
You've not been able to leave your house for eight weeks, 12 weeks.
You know, we read about it, but we're not in Australia to know what's going on.
What would you say is really happening over there for some of us that are not in Australia?
Yeah, look, I guess what they're trying to force at the moment is compliance.
And so even people who don't or have been traditionally against the recent jab, you know, are being forced to do so only because it means that they have to put food on the table.
So as you mentioned before, but they're, you know, if you're not, if you don't have the jab, companies are giving you a deadline.
They're saying if you don't have it by, for example, the 5th of October, you'll be automatically resigned from your position and you'll need to find employment elsewhere.
So they're saying they're giving you a choice, but they're not really.
They're saying to you, well, the choices here is either take the jab and go against your principles or don't put food on the table.
And so a lot of people are saying, well, we have to make the sacrifice.
We need to put a roof over our heads and feed our families.
So we're going to have to take it.
Is there major protesting going on or no?
Are people just kind of sitting back and are too concerned that if they push back too much, something could happen to them and their families?
Yeah, no, it's so there have been protests, specifically in Victoria and Melbourne, which is probably where you've seen some of the heavy-handed tactics there.
New South Wales as well has also had protests, but the police have done a really good job of actually finding some of the ringleaders and fining them quite severely and putting others in jail.
You know, some of the fines here are very expensive.
So, you know, for those that aren't already working, then having to fork out money for a fine is, you know, it's heartbreaking for a lot of people.
What kind of fines are we talking about?
Oh, it's, you know, $5,000.
$5,000.
They're not getting vaccination?
No, no, no, no, for out protesting.
So, you know, trying to, you know, protesting for, you know, giving a lot of these people are already vaccinated.
And, but, but what they're protesting is, you know, people to have free will, to have the ability to choose whether to take or not to take.
So, you know, unfortunately, there's the police are doing a good job of ensuring that, you know, people aren't out there protesting and we're not hearing, we're only hearing what's happening in the mainstream media.
A lot of the protests, you know, what you mentioned earlier is they're actually being restricted from being put on social media.
So unless if you're actually at the protest or you know someone directly at the protest, you're not hearing about it.
You're not finding out about what's happening on the streets, the heavy-handed tactics.
You'll see a lot of the media is actually being, you know, taken, the videos are being taken by individuals who are then posting it up onto more of the freedom, you know, the free kind of social media, not the one that's not.
George, this is Adam.
I was going to ask you that exact question.
There's a good friend of mine who lives in Sydney.
He's keeping me very informed of what's going on.
I guess there's a journalist verified in Australia, Sophie Ellsworth.
She said, this is talking about Melbourne, that from today's protest, no live vision of Melbourne's protests will be allowed to be aired, a directive of the Victoria Police, which has been deemed a form of media censorship.
So my question is, where are you seeing all this stuff?
What's going on in the media?
Is it on TV?
Is it on social media?
Are friends passing this around?
The fact that they won't even show protests, that's, I mean, that's some big brother stuff right there.
What are your thoughts, Shorty?
Yeah, yeah.
Yeah, no, Adam, it's definitely friends passing it on to other friends.
You're definitely not seeing it on mainstream media or you're not seeing it on the main networks.
It's friend passing it on to a friend who's passing it on to another friend.
That's the only way you're able to see some of the live footage.
Have you had any interaction with police or anything like that that have been disturbing or your friends have been?
Like the one video we saw of the lady getting choked out because she didn't have a mask.
Do you have any stories like that?
Are your friends have any stories like that?
Yeah, no, definitely have.
Not myself personally, but like direct friends of mine who have been who've actually been arrested and taken to court for refusing to follow police instructions.
And sometimes they're enforcing rules.
So the rules are sort of on and off all the time.
For example, up in Queensland at the moment, the rules, the mask wearing rules have been more strictly enforced because we've had three new cases up in Queensland.
What percentage of Australians agree with this tactic?
I would assume it's a decent majority or a decent number if they're allowing this.
What are your thoughts?
I wouldn't say, Adam, I mean, unfortunately, it's the silent minority that are making a lot of the noise.
So, yeah, I wouldn't say, and we're sort of following a lot of what the minority are doing or want us to do.
Would you give us a percentage in your opinion?
Look, I'd say it's probably about, it might be 40, 60.
So 40% want these strict rules and the other 60 just want to be left alone to do their own thing.
But all we're hearing is about the 40% and what they want.
Has COVID actually declined?
Meaning, are they actually making progress with fewer cases and fewer deaths in regards to COVID?
Last year, in 2020, we didn't hear about too many deaths where it was sort of young people.
I think the average age of people dying from COVID up here or down here in Australia is, I think it's in the 80s.
So it's hard to say, Patrick, if it's COVID-type deaths or they're deaths from other, from other ages.
This is the age of people joining us in the 80s.
George, this is Girardi.
We would never ask you to speculate on that, man.
Thank you so much for taking the time, by the way, to help us understand this on a global scale.
I know we have a lot of listeners out there that are very confused.
The quarantine camps out there.
Do you know anybody that's been inside of the quarantine camps, what it's like out there?
Is this something that has been overreported, underreported?
Can you give me any idea on what that situation is like?
Where there are actual camps where they're taking people who I suppose have tested positive or actually in some cases, from what I've read, haven't tested positive.
They've just been around people who have tested positive and they've been removed from society and put in these camps for weeks at a time.
Yeah, it's definitely underreported.
We don't hear too much about it.
I think what they did is a few months ago, they did actually ask, you know, they did put it out into mainstream media, and I don't think the feedback was overly positive.
So we haven't really heard too much about it since.
Yeah, they're really controlling the narrative there.
Yeah, by the way, I just looked at the number.
Kai, if you go to Statistia and you type in, I typed in the following search.
I typed in average age of COVID deaths in Australia.
And if you go down to the Statistia website, if you go average age of COVID deaths in Australia, you got to go to Australia, Kai.
While you guys are bringing that up, we're actually finding out later down the track.
After the media has reported, we've had, you know, for example, one death in one part of Sydney.
You're actually finding out later that that person actually didn't die from COVID.
They may have had COVID at the time, but they've had historical heart issues, for example, or they were cancer patients.
And so it's hard to tell.
Or they had a motorcycle accident.
Yeah, did they die from COVID or did they die with COVID?
And they've tried to make that distinguish.
Yeah, they've tried to distinguish.
Right, by the way, right here, if you look at this, statista shows that number of COVID deaths that took place by age, majority are over 90 and over 80.
Look at the, and then over 70.
And look at the drop off when you go to 60 and below.
Wait, wait, are those in the thousands or is that 200 people?
Number of people, Shimazano, September 2000.
That would be number of people.
200 people.
There's 25 million people in Australia.
That's over 80, just over the age of 80.
And this is September 2021.
So if you calculate this, male and female, say that's 210.
Say that's 450.
Say that's 350.
So say 800, 1,000, 1,100 right there.
And then you have at the bottom here is say 100.
Say 100 out of the 1,200 people that have died are under the age of 70.
Yeah, old under the damage.
Then 90% of people that died are above the age of 70.
And they can't go out after 9 o'clock at night.
The entire country is locked down on military law.
Hey, George, let's maybe try to think positive.
I guess in three weeks from now, apparently on October 18th, there's something going to be called Freedoms Day.
And apparently that's when 80% of the population will be fully vaccinated.
And apparently your airports are going to be open for the first time in two years, I guess, fourth quarter of this year.
What do you know about this Freedoms Day and this 80% benchmark?
Stay strong there, George.
The first nine months of two weeks to flatten the curve are the hardest, buddy.
Yeah.
Yeah, no, look, it's a carrot, Adam.
But the carrot's been moved a few times.
So I'll believe it when I see it, unfortunately.
But yeah, there's a few times they've made promises when we get to 70% and then they moved it to 75, then to 80.
So who knows?
When we get to 80, it might then become 85.
We just don't know.
Well, George, appreciate you, buddy.
Brother, thank you for the time.
Surai, George.
And I lemona survey.
Thank you.
Just two things, Pat, just to finish off.
First of all, obviously, happy birthday to Dylan.
Thank you.
Wish him all the best.
And also, I want to wish my son Jonah a happy seventh birthday as well.
Jonah, happy birthday, buddy.
By the way, it's also Rose's birthday.
It's also Gerard's birthday today.
And today is also Gerard's birthday.
What a special day.
By the way, Jonah, happy birthday to you, Gerard and Rose.
George, once again, thank you for your time, brother.
Happy birthday all around.
That's awesome.
Adam wanted to leave him on a positive note, and I'll leave him on a positive note to all the great people of Australia.
I've never met a single Australian in my life that wasn't awesome, by the way, man.
The great people of Australia, there are 65,000 police officers on that island.
There are 25.5 million Australians.
Apes together strong.
Yeah, you know, you teat them up to give you some hope, and then they just keep pushing that little.
Why wouldn't they, Tom?
Oh, I know.
Dude, guys, the whole world's, and this goes back to what I was talking about about before, Pat, where you're talking about be a synergist.
And I get that.
I really, really do.
But at some point, somebody's got to be a catalyst.
They will not, they're not going to stop.
They're not going to stop.
You have to force them to stop.
You have to bully the book.
By the way, let's talk about this.
So if I were to tell you a year ago, okay, that the person that's pushing back for the people to have the option to not get vaccinated in the NBA was going to be Kyrie Irving.
Would you have believed it?
If I had told you a year ago.
Initially, I would not.
Yeah, initially.
I would have believed anything that against the grain would have been Kyrie Irving.
Well, there's a lot of things to go against the grain that he's going for it.
So for me, with Kyrie being that guy, Andrew Wiggins being that guy, Stephen A. saying you got to fire these guys or trade them.
Brad Blue Beal, too.
Yeah, man.
Brad LeBale too.
And there's a few other guys that are quiet.
10% of the league, probably.
So Kyrie was asked the question.
Kyrie was asked the question about New York City because the challenge is what city you're playing in, right?
So Kyrie Irving could consider skipping some home games over New York City vaccine mandates.
This is a New York Daily Mail article.
New York City has a vaccine mandate for venues like the Barclays Center.
Players on the Knicks and Nets must be vaccinated to play home games and enter home arenas.
The Knicks say 100% their players and staff are vaccinated.
Nets GM Sean Marks admits that that's not the case with his team.
According to a Fox Sports story, on Thursday, Irving is one of those unvaccinated players.
And while Marks are confident it wouldn't be an issue, New York's mandate simply requires proof of one dose.
A report from Rolling Stone indicates it would be more complicated.
Irving's aunt, Tyche Irving, all but confirmed her nephews proudly unvaccinated.
She is the executive director of Kyrie Irving's Kai Family Foundation, which leads Irving's extensive charity towards blacks, environmental, and many other causes.
Tyke said that Kyrie's support, supposed the injection to vaccination was not religious-based, it's moral-based.
Unlike Andrew Wiggins, then Irving will seemingly not seek a religious exemptions to his city's indoor vaccine requirements.
And Wiggins' request for religious exemptions was rejected by the NBA anyway.
They asked him a question yesterday.
They said, so, Kyrie, are you planning on getting the vaccine?
You know what his answer was?
You know, I appreciate that question.
That's a personal question, and I'd like to keep that to myself because it's a personal matter with my family.
So what do you think about what Kyrie's up to?
I think it's a major problem in the NBA.
It's going to get really, really bad.
Here's why.
Because the NBA PA is protecting the players.
So mandating vaccinations for NBA players will never happen.
It's a non-starter.
The union is very staunch in the fact that that's not going to happen.
So now what's happening is you're having a lot of...
Who's the lead union president?
Is it still Paul?
Or is it who is?
Yes, I believe it's still Chris Paul as a player, but they have a very C.J. McCollum now.
Or he's the next person.
Maybe.
I mean, they're the leadership committee for the NBA as far as the players.
But there's a full-time job, someone making a couple million that is executive over all of this.
Whoever it is, it's LeBron James.
Right, eventually.
So Kyrie Irving showed up via Zoom yesterday.
He didn't show up at Media Day.
As of right now, he can't play their home games.
He can't play against the Knicks and he can't play against the Warriors.
And they're saying about 10% of the league right now is not going to get vaccinated.
And the problem is, it's mandated for coaches and administrators, referees, and everything like that.
You are going to see so much friction now from front office personnel that are upset that they might, in their minds, be exposed to the virus by these players that aren't vaccinated.
And the season's two weeks from starting.
So these games are going to be missed very, very soon.
And it's only going to get worse because they will not.
Bradley Beal is not going to get vaccinated.
Andrew Wiggins will not get vaccinated.
And he's already been rejected for asking for a religious exemption.
He didn't get it.
So the line has been drawn in the sand.
And he's got a big, big problem in the NBA to deal with this and keep these players happy and prevent a revolt because that's where it's going.
Adam.
Who's going to be revolting?
You think?
The people that are vaccinated and have very strong feelings about it against the people that refuse.
The players, the small percentage of players that reach jobs.
The people are going to be pushing back, I think, are the older personnel or older coaches with older family members or with young kids that they're concerned with.
90% of the NBA has been vaccinated.
So you're hearing a couple voices come out there that have not been vaccinated.
A lot of teams, I think, look, the bottom line is people have an issue with mandates.
That's what we're talking about here.
Do you want to get vaccinated?
Get vaccinated.
If you don't want to do it, you don't have to do it.
You don't have to jab your body if you don't want to do it.
Bradley Beal came out and he actually was, dude, so smooth, so chill.
He's like, look, I'm not getting vaccinated.
I had COVID.
I'm good.
Very monotone chill.
He's like, my parents got it.
My aunts got it.
My uncle's got it.
I'm just not getting it.
I'm good.
If he doesn't want to get it and he's calm and collective about it, what type of reasoning do you have to force someone to get it?
That's the problem.
What type of reason does anybody have to force anybody to do anything?
This isn't a medical issue.
To your point, you're 100% right.
Medical issue has gone out the window.
This is a civil rights issue.
This is the civil rights issue of our life.
This is something we just talked about in China.
Imagine a situation.
Imagine an environment where you have to ask the government's permission to have kids.
Brooklyn would not be allowed in your life.
You would have to ask their permission if it's okay for you and your wife to bring life into this world.
I mean, we're literally, I mean, it's a joke that they're telling us how to breathe.
How are we allowed to breathe?
We're allowed to go outside.
If we sit down, you can breathe with no mask.
COVID floats in the air.
If you're under five foot, never have to wear a mask, obviously, because COVID floats, right?
How you're allowed to breathe, what you're allowed to do, how you're allowed to work.
We have to push back.
Biden's saying that when are we getting back to normal?
Did you hear what he said?
97% vaccinated.
97%.
If we don't push back, why would they ever stop?
And I'll tell you what, support these players.
Support them.
Support Beasley up in Buffalo.
Even if you think this medication is the greatest medication of all time, and it might be, it's not okay.
This is not okay at all that we're allowing social stratification based on what the elites want and what they don't.
To be clear, again, this goes back to mandates.
Someone wants to do it, they should do it.
Dude, it's more than mandates.
This goes way beyond mandates.
This is way beyond mandates.
This is social stratification.
For those of us that don't know what that is, what is social stratification?
This is aristocrats and plebeians.
This is Jim Crow.
This is vaccinated, you know, front of the bus, unvaccinated, back of the bus.
This is the teammates, okay?
If you believed in any sort of segregation, all right, if you thought when you watched Jackie Robinson, when you watched the movie, and you said that that would never be me, I would never be one of those people that looks at Jackie Robinson and says, he can't eat in here.
This is a whites-only diner.
All right.
And you thought you saw that happen and you said, that is horrible.
That's deplorable.
How could those people do that?
And you're one of these people that would kick an unvaccinated person out of the restaurant right now?
Guess what?
You know exactly who you are.
You're fine with segregation.
You're fine with social stratification.
I see your point.
I do think that's a stretch, though.
However, I do see your point.
I think to equate full-on racism and prejudice and bigotry with, hey, if you're not vaccinated, you can't be here.
A lot of these businesses have the choice to say, look, sorry, if you're not vaccinated, you can't come in.
That's what's going on in New York City right now.
Dude, they have that choice.
Okay, but you have to understand that argument was made for racism.
Oh, you know, they just don't have the education that we have.
They grow up.
They're dirty people.
You could justify any sort of segregation.
Any sort.
It can be justified.
It's the people who look at it and say, man, I'm not going to.
No, absolutely not.
I don't care.
This is my brother.
This is my friend.
He's an American.
He has the right to have his life.
They're going to have to prepare themselves for the fact that games are going to be altered because of this.
They're not going to change their mind.
How are the Wizards going to win without Bradley Beale half their games?
Good.
Or in New York.
It's bigger than an NBA regular season game.
Kyrie is very cool missing 40 games a season.
Well, that would just be an ever problematic.
You know, I could see a guy like Steve Kerr losing his mind with Andrew Wiggins not getting vaccinated.
Let me ask you a question.
Why does New York need the National Guard to replace unvaccinated health workers?
Don't go conspiracy.
Just go simple.
You're a regular person.
You don't look into conspiracies.
You don't think 9-11 or JFK.
You just follow black and white.
Why does New York say we may use National Guard to replace unvaccinated health workers?
My first thought would be to create the illusion that this is a crisis of the highest order.
And that if they had to bring in the National Guard, then you have to believe us about how bad this is.
That was my first thought.
No, but to replace them is what if this crisis is half as bad as we're meant to believe it is, then imagine actually saying, you know, the hospitals are busting out of the gills, so we're going to fire half of our staff.
And who knows more about this stuff?
And replace them with untrained medical professionals.
Did you say 10%?
What was the number?
You said... I don't say percentage.
I just said National Guard.
New York may use National Guard.
Kai, can you pull up the story from The Guardian?
I just want to read this whole story here.
Hokul.
Hokul is the last name.
Hokul, H-O-C-H-U-L.
So New York may use National Guard to replace, guys, if we can flip the camera on the back end, thank you.
Replace unvaccinated health workers.
Go a little lower.
Go a little lower.
The governor of New York, Kathy Oak was considering using National Guard out of state medical workers to fill hospital staffing shortages as tens of thousands workers are unlikely to meet a Monday deadline for mandated COVID-19 vaccination.
The plan outlined a statement would allow the governor to declare a state of emergency and thereby increase the supply of health care workers to include licensed professionals from other states and countries as well as retired nurses.
Hokul said the state was also looking at using National Guard officers with medical, okay, got it, to keep hospitals and other medical facilities adequately staffed.
Some 16% of the state's 450,000 hospital staff or roughly 70,000 workers have not yet been fully vaccinated.
The governor's office, so 16% of the 70,000 out of 450,000 hospital staff has not yet been vaccinated.
We are still in battle against COVID to protect our loved ones.
I commend all the healthcare workers who have stepped up to get themselves vaccinated.
I urge all the remaining healthcare workers who are unvaccinated to do so now so they can continue providing care.
The plan comes amid a broader battle between the state and federal government leaders pushing for vaccine mandates to help counter the highly infectious Delta variant of the coronavirus and workers who are against inoculation requirements.
Some on religious grounds on Sunday, Hokul attended some church service to ask Christians to help promote vaccines.
I need you to be my apostles.
Wow, okay, great.
I need you to go out and talk about it and say we owe this to each other.
And she said this to congregants at Christian Cultural Center in Brooklyn.
Jesus taught us to love one another and how do you show that love, but to care about each other enough to say, please get the vaccine because I love you and I want you to live.
Healthcare workers are going to say, how do you process that last point as a Christian, as a believer?
When someone uses the Jesus would want this, go get vaccinated.
No, you have to know that that argument was the worst argument to make because God gives everybody what?
Free will, right?
What's free will?
You choose what you want to do.
And most of the problems that we have in our lives, it's self-inflicted.
We don't, you know, if you think about most of your problems you had in your life, it's not from the outset.
It's probably from the inside.
Decisions we made, things that we did.
So for you to say, you know, use Jesus' card to get me to say, hey, listen, son, I love you so much, but you better get your ass vaccinated or else there's a little bit of doubt, right?
Here's what I will tell you in regards to this.
There's no question the Delta variant is probably stronger than the COVID that came, just from the stories that I'm hearing about.
And this is not one case, two case, five cases, 10 cases.
I'm talking hundreds of cases of people that I'm in communication with that they're going through it.
I had COVID.
You had COVID.
Wasn't pretty.
Okay.
We didn't enjoy it.
We went and got tested on the same day.
You came out negative.
I came positive.
And I still had to go was, I lost.
How much weight did you see me lose?
I would say 15, 20 pounds.
You were sitting there.
You didn't recognize me when you saw me.
I recognized you.
I was like, you got to go eat a sandwich.
I can't keep nothing.
I can eat anything.
Yeah, I couldn't eat anything, right?
So then the Delta comes up.
And I told you a story about my dad and my Melva both being vaccinated.
He's 79.
He had COVID and he had pneumonia.
I don't know what would have happened if he wouldn't have had the vaccination.
It likely helped him.
I'm telling you right now, I'm in my skeptic side from odds.
I'm saying 80% chance it helped him.
I'm saying that.
So thank God, you know, he's still here right now for the doctors who were pushed and challenged by the president to come up with the vaccine three days after the election was over with, that they finally came up and nobody thought this was going to come out in 18 months.
More power to him for them to come out and bring that option out there for people.
But the force part, man, the biggest thing is the force part, buddy.
It's the biggest thing.
You know, when I chose to be in the military, the choice you make when you join the army, you are government property.
That's what you are.
When you join the army, the government owns you.
G.I. Joe.
Government issued Joe.
Government owns you.
Literally, the government owns your body for the contract.
You told the story on Rogan when you went in 11 shots.
And by the way, did you see how many people comment on on the bottom what they said?
People were messaging me saying the fact that, yep, that's, he says that people said, if you were in the military, you know exactly what Pat is talking about.
Because we all went through it.
It's a line.
You just go through.
There's no questions.
You can't ask nothing.
What's the side effects of this?
Ah, shut up.
You're just kind of going through it.
Part of the reason why you do not like mandates because you were mandated as a part of the military.
This is what you have to do.
Follow orders.
And you're like, look, bro, I'm free now.
I'm good.
Dude, we're in America because it's free.
What are we talking about?
Can I ask what you're doing?
The benefit America offers, the benefit America offers is for you to choose what America offers.
So, you know, I don't know.
I think if the 97%, 3%, that is poof.
To get to 97%, which stories do we need?
97%.
It's impossible.
No, that's what Biden said.
Is he in one of these stories here?
No, I don't think so.
Can you put America?
Biden, 97%.
I'd like to see that.
Find Biden 97%.
Right now, what are we at?
70%?
Which is pretty good, I think.
Vaccine, 97%.
Kai, just put Biden.
Holy shit, this guy's writing a novel.
Just type in.
There you go.
Freaking Kai, buddy.
Back to him.
Idaho wants 97% of the country to be vaccinated.
Okay, Ron 2097.
Here we go.
Reported.
How many Americans need to be vaccinated to get us back to normal by 97, 98%?
I think we'll get awfully close, but I'm not the scientist.
I think one thing is for certain, a quarter of the country can't go unvaccinated and us not continue to have a problem.
Well, his math is way off, bro.
97 to 98%.
How does he even think that's realistic?
Like, he can't even...
Well, you set the bar so high.
It's insane.
Well, they're also going to start.
They're doing crazy stuff.
They're making experimental RNA vaccines that are going into lettuce and other food products where they're going to put the vaccine.
Well, luckily, you're not eating any of that.
So you're good.
They sneak lettuce onto a cheeseburger every now and then.
They might still get me.
Let me tell you, bro.
Take it off, G. Going back with what Hochl said, man.
She brought Jesus into it.
I mean, that is such a grimy political move.
It's also somebody that's never read the Bible, like even once.
Jesus died fighting the hierarchy.
He fought the hierarchy.
He flipped over the tables of the Jews who went in and made deals with the Romans.
Jesus was a political rebel.
So for her to be like, I'm sorry, guys.
Jesus was a Jew of my people who Jesus was one.
That's my bad.
The king of.
Pat's giving me the.
The point is, guys, the point is that for her to use Jesus to be like, do what authority tells you to do, when it was literally the guy got pinned to a cross.
Do what's right for the.
I would say, man, it sounds like she's desperate to pull off some sort of agenda that she has, and she's incapable of rational thinking.
Do what's going on.
When you go to churches and you're not known for doing that on a regular basis and then trying to plead with them in the manner that she did, it's crazy.
Can I ask Adam for a second, seriously?
I mean, you asked Pat a question.
You need to prove your work, man.
When you ask Pat, what do you have against mandates?
Dude, what do you have for mandates?
What is it about mandates that you have?
You said that I made this mandate.
Nice try, Gerard.
Wait, seriously, if you're asking what does he have against mandate?
That's not what I asked him.
I said, is that part of the reason because the military forced him to take shots?
That's fair.
Nice try, Gerard.
Let me ask you then specifically.
No, you're done.
You got shut down.
You're done.
Absolutely.
I don't give a shit if it's your birthday.
You just got shut down, Gerard.
No, no, you're not.
I'm trying to wrestle right now.
You're trying to get a question.
No, you're not the question.
You're trying to use social stratification to use the question to uproot the cooperation of your argument.
Answer the question.
I question the source, Gerard.
Nice try.
You got 25 minutes to answer the question.
What is it about mandates that you think are okay?
I don't think they're okay.
That's the whole point of my question.
My whole point is that I don't think mandates are okay.
Nice try.
Dude, then you're asking the fact that the military is somehow the reasoning behind him saying no to the source.
I said part of the reason.
You got to go back and listen, Gerard.
Okay.
Yeah.
So everybody else that's okay with the mandates, okay?
Let me let me ask you that.
Gerard, I see what you're trying to do.
It's not going to work.
Good luck.
Because you got to answer the question.
I already said I'm not agreeing with mandates.
Should I speak Satan's money?
By the way, I don't mandate me.
Let me ask you this.
So you guys can, we can go back and watch the rewind afterwards.
So let's go back and talk about New York.
Okay.
Go back to New York.
And I'm actually like literally thinking a guy yesterday said, what do you have so much about New York?
You know, people are in real estate.
I said, you don't even know how bad real estate is in New York right now.
You're paying a quarter of what the price of a property is worth in New York.
Commercial or residential?
Residential, bro.
You're buying a $40 million property for $10 million.
People are just dumping shit right now in New York, right?
And no joke.
This is actually not a bad time if you want to capitalize of stuff, banking the fact that New York's going to come back to normal in the next four to eight years.
It's not a bad time to buy, you know, some real penthouse type of properties or prime location over there.
It's not a bad time to make an investment.
If you think New York's going to come back around, but here's what I want you to think about.
Imagine we're in New York right now.
So imagine I decided to go move the podcast and move the media company to Greenwich because we were talking about moving to New York.
Okay, remember when the conversation was Greenwich was at the top of the list and we're going to go to Greenwich.
We're cool with your decision.
But I want you to think about this.
Imagine you fast forward to move one year, okay?
Meeting.
We move to Greenwich.
COVID happened six months later.
Actually go there.
Okay.
So we moved to Greenwich.
COVID happened six months later.
Our office we set up is in New York, in Manhattan.
Shut down.
Okay.
So think about that.
And we're running this podcast and you're walking the streets of New York and you're coming to podcasts and you have to go through all and then we want to go have lunch and we want to go have dinner and we're the Casa D'Angelo.
We're going to whatever the Louis Bossi play.
We're going.
You want to do that and you're going through the mandates that they're offering.
How long until you say, when the hell are we leaving this place?
Okay.
So now imagine the people that are living in New York who love New York, who love their Mets, their Yankees, their Jets.
Well, maybe not the Jets.
They're Giants.
They're whatever you call them.
Give me the sports Rangers, Giants, Islanders, Islanders, all this stuff, right?
Say all these guys that love these sports teams.
And you're like, you know what, dude?
I just can't do this anymore.
I got to go.
The tipping point for the exodus for California has just begun.
People thought it happened when these guys left or whatever five years ago.
No, no, no.
Five, six years ago, people left that foresee, were seeing what was going to be taking place.
The mass exodus in California is just about to begin.
The max exodus in New York is just about to begin.
The more they push back on things like this, guys are going to be like, I'm sorry, I'm just going to be moving out.
And it's not even a Republicans moving out or an Independent's moving out or a Libertarian's moving out.
I just want to be free.
I'm just leaving.
I'm going to go do my own thing here and I'm going to choose a different state.
They haven't even gotten a flavor of it.
But here's a question you got to ask yourself.
Think about the people at the top of the Democratic Party.
Okay.
Who's at the top of the Democratic Party today?
I'm not talking Obama's the face.
I'm talking at the top.
Pelosi, AI, Pelosi, Schumer.
I'd put Pelosi.
Feinstein is very, very important.
Feinstein.
Let's say those guys.
But let's just say Pelosi at the top.
Do you think Kathy is somebody she likes more than Cuomo?
Who do you think she likes more?
I think she likes Kathy.
I think she likes Kathy.
Yeah.
Because Kathy's doing what they're standing for.
Same as California, Newsome, all that other stuff.
They're going in that direction.
Everything, like even Michael Burry, I got a bunch of stuff I want to talk about with Michael Burry.
Okay, can you pull up Michael Burry's article from yesterday or today?
Today is today the 27th or the 28th?
28th.
Yesterday, Burry comes out with an article.
He said a few things.
So this is a business inside a story yesterday.
The big short investor, Michael Burry, warns the stock market boom, reminds him of the dot-com bubble and rings the alarm on options mania.
Okay, go to the bottom.
Burry said the current market boom reminds me of the option.
Friends, you have a rampant speculation that precipitated the Great Depression flurry of recent tweets that has since been deleted.
He does that quite often, by the way.
The Scion Asset Management, by the way, which since 2015 has given returns of 26%, is what his management asset management company has done.
Tweeted a screenshot of financialweb.com stock chart, the defunct, the defunct company behind Stock Detective and other financial information websites saw its share prices take a nosedive from a high of $28 to a fraction of a cent following the dot-com crash.
A very common chart back in the day, Burry said, looks vaguely familiar.
Moreover, the hedge fund manager compared the bull market during the 15 years of 2000 to the run-up in the stocks over the last 15 years.
He highlighted a 94% correlation between the NASDAQ 100's performance in each of the periods and a 95% correlation for the SP 500 index.
He continues.
He continues to compare to 1929, what's going to be happening, et cetera, et cetera.
Now, watch this.
So I kind of looked at some of his positions and what he has.
Here's his positions.
Put options are investments what he thinks is going to go down.
Call options is stuff that he thinks is going to be going up.
Okay.
Put options.
He has $730 million of Tesla stock.
$730 million.
It's going to go down.
Put is what he's got.
He's got $280 million of shares of 20 or plus treasury bond, okay, ETFs.
It's called TLT.
Okay.
On puts?
On puts.
That's going to go down.
He's got call options.
That's really good.
You ready?
That's really bad for the country.
Of course it is.
But watch what he has call options on.
Even though if you go to his Twitter profile, go to his Twitter profile that says Michael J. Burry, and it's like Cassandra or something like that.
Very weird with his Twitter profile.
Let's go type in Michael J. Burry, Michael J. Burry, right there, Cassandra.
Well, Steve Carell's bus rolls.
Look what hashtag he's got.
Rest in peace, Alexi.
You know who he's talking about.
Rest in peace, Petrov.
Boycott Amazon, boycott Facebook, boycott Coke.
That's his hashtag in his account, right?
And we'll read the article he has down here as well.
You know what he's got for his call options?
And he just increased the amount of money he put into this 70% quarter over prior quarter.
Highest money he's got of a company that he thinks is going to go up, Facebook.
$327 million of call options.
$230 million of Google.
He increased that by 14% quarter over quarter, but he increased Facebook 71% quarter over quarter.
He's got $130 million in McKesson, $58 million in Heinz, catch up, like Heinz, like Kraft Heinz, $53 million in Walmart, $48 million in Cardinal Health, $43 million in CVS, $9 million of a fund that shorts treasury bonds.
Let me say that one more time.
A fund that shorts on Treasury bonds.
And this is based on three different things that he's looking at.
Number one, inflation.
Inflation is not going to affect any of the stuff that he has for call options with Facebook, Google, McKesson, Heinz, Walmart, CBS.
He says inflation is not going to affect those guys at all.
Inflation would affect Tesla, Treasury bonds, et cetera, et cetera.
So number one is inflation.
It's coming.
Number two is interest rates are going to go up.
It's coming.
Number three, bond yields will increase, which means bond prices will decrease.
And he is so certain that this is going to be taking place that he's putting his money where his mouth is.
And he's predicting Big Short 2 is around the corner.
This guy's not a dummy.
He doesn't say things like this.
He's not a guy that's just getting up there and saying, let me like Harry Dent wrote a book.
Remember Harry Dent that said, I don't know if you guys remember Harry Dent's old book that he was saying that it's going to be the biggest market boom ever.
The Dow Jones is going to go to 43,000 by 1999.
I don't know the exact date.
Can you put a Harry Dent prediction?
You're talking about Michael J. Burry, that a movie was written about, and he did something where everybody thought he was an idiot.
And everybody ended up calling him a hero because a major prediction that he made.
So if this is the case, and he's talking about a, where's his old book?
The great, he has an old book, The Next Great Bubble.
The Roaring Two.
Boom.
The Roaring.
Yeah, he's made.
Yeah, he's talked about where the market's going to go.
He's called the Next Crash and a lot of stuff.
But he wrote books where it made a lot of sense.
And then the opposite of what happened.
This is not him.
This is Michael J. Burry.
Okay.
He's got $730 million of Tesla stock.
He's shorting.
It's not a small amount, guys.
Why Tesla, of all things?
Well, maybe the global shipping crisis has a factor in that too.
Chips.
Chips.
Shipping crisis.
He's never been able to meet his deadlines with cars.
When inflation goes up, people are not going to have money to go out there and just buy stuff like that.
He's also been against Tesla in terms of their market cap versus their output of cars for a long time.
So this isn't anything new, he's saying, with Tesla's overpriced, with the whole sledgehammer to souffle kind of analogy.
So the person's personality for the last year.
And how could you not think that Elon could get a little distracted with everything else he has?
How much can he really put into Tesla that's necessary?
How long is the put and how long are the call options?
Do you know?
Does he say, does he give a duration on that?
You can probably go up there and find the timeline to see what's going on.
But the point is, when a guy like this talks, you have to pay very close attention.
By the way, this leads to the next thing with crypto.
And by the way, he's predicting crypto is also going to take a massive hit.
He's not saying crypto.
He says crypto's on the list of getting their asses handed to them because you saw what happened with China, right?
China declares all cryptocurrency transactions illegal.
You saw Bitcoin took a hit.
Ethereum took a hit.
Everybody took a hit with that.
So a China Central Bank has announced that all transactions of cryptocurrencies are illegal, effectively banning digital tokens such as Bitcoin.
Fluctuations there often impact the global price of cryptocurrencies, and the price of Bitcoin fell by more than $2,000 in the wake of Chinese announcements.
It is the latest in China's national crackdown on what it sees as a volatile speculative investment at best and a way to launder money at worst.
Trading cryptocurrencies has officially been banned in China since 2019, but has continued online foreign exchanges.
But last week's announcement is the clearest indication yet that China wants to shut down cryptocurrencies trading in all its forms is what they want to do.
So Burry is Burry's not a devil.
You know, he's got a track record.
And people thought he was crazy when he said the housing market was going to crash.
I think when you have that much credibility and then you just look at the evidence, when you look at inflation, you look at the situation in China with Evergrande, the debt ceiling, inflation, global shipping shortage.
I mean, there's just so many things that are stacked up against the stock market continuing to boom.
And China, at the same time, they're showing their cards.
They're also kind of telling the world, look, you know, here's the direction we're going.
If you, there was a girl that was a star, social media star with like 40, 50 million followers.
Overnight, she disappeared.
They're like, what the hell happened to her?
Like a huge star.
The guy that was worth $38 billion overnight, his $38 billion is gone.
Jack Ma says one thing in front of talking against China.
Hey, when's the last time you saw Jack Ma doing an interview with CNBC or MSNBC or any of that?
And that was a year ago.
And that was a year ago.
You talked about on Rogan about capitalism and communism and about lifting up individuals, but also like the team, the collective.
And that's kind of what China's doing is they don't want superstars.
They don't want superstars.
And this is shining a spotlight on basically what China wants.
They want control.
They want to have regulation all over crypto.
But something that we're not talking about is because they're banning crypto and banning Bitcoin.
Part of the reason is they want to develop their own digital wand and do all that.
So we talked about the social score on Rogan.
You talked about that.
China is basically trying to control your whole life and they don't want superstars.
That's why the people like Jack Ma, they go to re-education camps.
Well, we talked about it on the last podcast, guys, that where's the epicenter of power in America?
It used to be New York.
It used to be D.C., maybe LA.
It's all San Francisco now, all tech, right?
We talked about it, and he's betting against America, not once, twice.
He's saying treasury bonds are going down.
That's betting against America.
You're betting the country is about to be in big, bad shape, but you're betting on Facebook and Google.
So if America is going down, but tech is going up, I think that that kind of tells you where the power within tech really lies.
And we talk, not to get too crazy with it, guys, but I mean, if anybody out there wants to spend the rest of their day going down a fun rabbit hole, check out the Frankfurt School.
Check out what critical theory is.
We hear a lot about critical race theory today.
Critical race theory is the latest incarnation of something called critical theory.
Critical theory was a way that Hegelians and Marxists decided that they would try to implement communism in society.
And basically, you have to break the wheel.
In order to implement a communist revolution, all right, worldwide communist revolution.
I'm not saying this is what's happening.
I'm just saying if you want to do some fun reading, okay?
Antonio Gramsky, who the president of Ireland just stopped and paid respects to at his grave on the way.
This guy's not a good man here.
This is, you know, Antonio Gramsci.
Not a good man.
I don't know what kind of a man he was.
His philosophy is very dangerous.
So in order to bring in a global communist revolution, you have to break the wheel.
All right.
In times of prosperity, nobody wants revolution.
So in order for them, if you believe in build back better, if you believe in a future where you will own nothing and be happy, in order for that to happen, a crash is absolutely necessary.
They talk about it at length at the Frankfurt School.
They talk about cultural hegemony.
Guys, if you've studied kind of political theory, if you've studied this stuff, a lot of this is like you're seeing a slow-motion train wreck.
It's kind of nuts.
But just enjoy.
Check out the Frankfurt School.
I think you guys will get some value and some tamement out of that.
Even if there is this crash, that there's a crash.
So how many crashes have we experienced?
Not a ton, let's say 10.
Dot-com boom.
I'm saying in the last 20 years, dot-com boom lasted a year or so.
2008 lasted a couple years.
20, I mean, COVID lasted like six months as far as the market goes.
So it's going to crash.
It's a crash.
If the housing crash is the market crash, if you're young and you're in the stock market and you have crypto, are you really that worried?
There's one thing.
There's more older people.
But I tell you, one thing concerns me.
Here's what concerns me.
I agree.
You know how it's like it's cyclical.
It happens.
It's cyclical.
It happens.
This is no different.
It's cyclical.
It happens.
This is no different.
It's cyclical.
It happens, right?
Okay, fine.
Let's say it is only cyclical and it happens.
There's one thing that's not normal.
40 plus percent of the currency was printed last 18 months.
That's a lot of money was sent free to people.
Bro, we've not sent like money like that to people where just people are sitting on the sideline saying, no, if you pay me this, I'll come.
And companies like, shit, this guy's only worth 18 bucks an hour.
At best, I have to pay this guy 28 bucks to come back to work.
What the hell do I do?
Okay, I'll give you 28 bucks.
And they're like, okay, and you better not let me go at 458.
And then it's like a very weird dynamic that's going on today, right?
Like employers are begging, and this is what they want.
Employers are begging people to come back to work.
And people are saying, no, I'm good, man.
I'm playing video games.
I'm chill.
I'm playing Netflix.
So how long when that goes, do you get the person to want to come back and really give their best?
I don't know.
So that's one thing that leads to fake success.
Now they're talking about another $3.5 trillion, which I don't know if you've looked at what's in the $3.5 trillion.
Again, a bunch of other bullshit that they've added to the $3.5 trillion.
Well, the Senate just struck it down.
And you saw what Biden just said?
You know what Biden just said with the money?
Americans are not going to pay for it.
This is not going to go to the debt.
This is not going to go to our deficit.
We will not pay anything for it.
It's going to pay for itself.
Pelosi is saying it's going to pay for itself.
It's going to pay for itself.
Sales job, right?
And you know what she said again?
Here's what she said.
Look, let's just pass it so we can find out what's in it.
Same line she's used in the past before.
This is not a new thing that these guys are doing.
So are you saying that, and I give you three examples, 2001, 2008, 2020, that this potential crash would be worse than that?
But go to each one.
Go to each one.
What is 01?
01 was just, you know, dot-com boom.
No, no, no.
01.
01.
You're talking about 9-11, 01?
No, well, it was 99.
Yeah, 99, 2000, 2001, all that.
Free money.
Private equity got into the game.
Okay.
And they started putting money to people that really didn't have the best idea.
And it was just like it flapped.
Just as long as they had a dot-com behind it.
That was the market.
And then obviously 9-11.
So it was a lot of fake money there, but it was created by who?
The market created fake money in 98, 99.
The market.
Over-evaluating companies.
That's right.
The market.
So that's cool.
If the market creates fake success, guess what?
You're going to take a hit.
You're going to lose billions.
And you're going to have to come back and treat it in a different way.
That's a correction.
Go to 07.
That's a correction.
Go to 07.
What was the deal with 07?
Housing.
Housing.
A program comes from Australia called No Income No Ass.
That's Nina, where it's a pick a payment, and everybody's buying a million-dollar house.
Kill Burry, everything.
That's right.
And the big short.
And then what happens there?
Fake success.
More fake success.
So who takes a hit?
A $330 billion company called WAMU gets bought by a chase for $1.9 billion.
So there were some victims.
Bear Stearns had to go down.
Sure.
But who else?
Okay, well, there's a lot of victims.
Countrywide, you forget countrywide was like all over the place.
Free amount of investments.
Big mortgage.
But then you go to today.
So you said 01.
Right.
08 today.
Today.
What's the bars today?
2020, exactly.
Well, 2020 is a COVID because if COVID doesn't hit, Trump's getting re-elected.
The economy was doing great.
People were working.
People were median income had increased for the first time in 20 years.
It had increased to 60,000 from 55,000 under his watch.
Unemployment for everybody was fine.
Record low, blacks, Hispanics, women, in every way.
Everything was good.
China was having to kind of change back and kind of see what they're going to do with the U.S. You know, ISIS, you didn't hear a single thing about ISIS, all that stuff.
It's tweets, Pat.
But I will tell you, though, there's a part of that that he is his own enemy.
There's nobody that's a bigger enemy than himself on what he did.
But his policies, very effective policies.
Then COVID shows up.
And COVID becomes a great opportunity to do what?
Build back.
Impose any ideas that you want.
We could have been united and the enemy would have been China, but no, instead of creating the enemy, because like right now, let's just say something happens in this building, okay?
And the building is on fire, okay?
When a building's on fire, there's a couple things the building could do.
Like, remember that one day the car was on fire, everybody's running, I'm on a board call.
They're telling me, Pat, you got to go downstairs, all this other stuff.
I don't know if you remember this.
It was like four weeks ago.
They told me not to come in that day.
So guess what happened?
They tell you not to come in every day.
They just keep showing up.
And you still show up.
The best possibility is available.
They've resorted to starting cars on fire.
But watch what happens that day.
What happened that day when they told us it's a fire?
Do you actually remember?
No.
Oh, you weren't here.
So we ran downstairs.
We're holding doors for each other.
Come on, folks, let's go.
Come on, let's go to because the enemy was what?
The fire.
Makes sense.
Now imagine if somebody said, he did it.
It's his fault.
This guy did it.
He's doing it.
It's because of him.
And we're like, who is this guy?
It's kind of this guy.
So the point is, rather than using COVID to unify America, the left saw this and say, perfect opportunity to make Trump the villain.
Ding, You win.
He's out.
But the reality was, China caused the great divorce.
China's the one that caused the fire.
That's the challenge that we have.
And now, fast forward to today, you give all this money to people for a while, and you get employers to go against employees.
Everything right now is against.
Employers against employees.
Men against women.
Parents against kids.
Republicans against Democrats.
Police against citizens.
Police against citizens.
Police versus patients.
Whites against blacks.
Whites against blacks.
Church going against and everything is against.
Adam versus Gerard.
Let's go.
You know, that constant against is what's causing us to be normal, which is what they want and which is really, really sad.
See, this is a very different thing, Adam.
So let me ask that question.
I don't know how does that affect the economy, though.
Like, all that makes sense.
But what is that going to actually do for this crash?
This whole thing started with Michael Burry's predicting this crash.
Dude, another big short.
Puts, calls, options.
I just told you, 40% of the money will get printed.
That's inflation.
What's the prediction of what will happen?
Inflation?
It's impossible to predict because this isn't a marketplace.
Okay, let me read this to you.
Let me read this to you.
Let me read this to you.
Costco, Nike, and FedEx are warning there's more inflation set to it.
Consumers at holiday approaches the NBC story.
Costco, Nike, and FedEx are not politicians.
They're not Democrats or Republicans.
Costco has joined a long list of retailers sounding the alarm about escalating shipping prices and accompanying supply chain issues.
The warehouse retailer was joined by athletic wear giant Nike and Economic Beltweathers, FedEx and General Mills in discussing similar concerns.
The cost to ship containers overseas has soared in recent months.
Getting a 40-foot container from Shanghai to New York cost $2,000 a year and a half ago before COVID.
You know what it is right now?
$16,000.
Let me say this one more time.
So Costco, Nike and FedEx saying, guys, I'm sorry, we have to raise our prices.
People are like, what do you know?
You're not going to raise your prices.
No, no, no.
I don't think you understand.
These containers, when we get our stuff from Shanghai, used to cost only two grand.
We're paying eight times more today.
$16,000 a pop.
The cost includes not only freight, but also higher labor costs, rising demand for transportation and products, plus shortages and computer chips, oils, chemicals, and higher commodity prices.
We can't hold on to all of those.
Some of that has to be passed on to who?
To us.
And it is being passed on.
We're pragmatic about it.
Set Costco CFO Richard Galante.
So basic mathematics here.
You just saw what's going on.
So you're asking a question, Pat, how is this so different?
Bro, it's not a little bit of inflation.
If something increased from $2 million to, you know, if something increased from $10 to $12, what do you say?
Eh, whatever.
If something you're buying normally goes from $10 to $15, what do you say?
Dude, that's a little weird.
Wouldn't you say that?
Like, think about what you buy every month.
Imagine if the gym membership is $50 a month.
Do you complain?
No.
Imagine next month, 24-hour fitness says, it's going to be $75 next month.
Now, let me give you a different one.
Imagine 24-hour fitness all of a sudden says, we know your membership's been $50 a month for the last 10 years.
Effective next month is $400 a month.
That's just what happened to these guys.
How sustainable is that?
Where else do you get it from?
And China, guess what?
China's going to say: don't get it from us.
Don't.
Go elsewhere.
Where do you go?
Well, as a consumer, we have the option to say, well, sorry.
No, you don't.
But you know, I'm not getting it.
But you don't have the, you don't have, you're not going to have the option.
Do you know why you're not going to have the option?
Here's why you're not going to have the option.
Okay.
Put two things that we can companies that compete against each other.
McDonald's, Burger King.
Go Starbucks.
What's the other one?
Dunkin' Donuts.
Coffee Bean.
Okay.
I would put McDonald's versus Dunkin' Donuts because the coffee is about the same price.
Okay.
So say I'm Toyota.
Say I'm Ford, your GM.
And I say, oh man, dude, we got to freaking do something.
You know, let's raise the prices 30%.
You're Ford.
What do you say?
We're going to stick to the same prices.
Okay, cool.
Do it.
One month goes by.
Two months goes by.
Three months.
Two quarters.
Three quarters.
Your CFO comes in.
Remember how you wanted to report your earnings and you wanted EBITDA to be higher?
We have depleted our cash this much in the last three quarters.
You sure you don't want to raise the prices?
Then the boy, you have a board meeting.
CEO of Ford, listen, we're looking at the numbers and the profits in the last three quarters and we haven't risen prices, but GM has and Chrysler has and da-da-da-da-da has.
What are we going to do to raise prices to match our competitors?
And you're the CEO.
What do you say?
I don't think it's fair.
Are you kidding me?
The CEO is going to say, okay.
All right.
So the regular Ford focus that was $22,000 is now $29,000.
Who feels it?
So you don't have the choice anymore, Adam.
You don't have another alternative.
I try to look at it from a consumer's perspective.
Hear me out.
Yeah.
Okay, other than saving your money or investing and having a better asset allocation plan, what the hell are you going to do about it?
Nothing.
It is what it is.
What do you mean?
No, no, what do you mean?
And you as a consumer, if inflation money is not a bad thing.
Other than save your money and be smart with your money and invest wisely, what else are you going to do?
Really, bro.
Okay, so how many people go to Costco?
Millions of people.
How many people ship stuff?
How many people use FedEx?
How many people ship stuff?
Of course, a lot, a lot.
Okay.
You don't have a choice but have that being felt.
That's my point.
It's like, all right, it is what it is.
I have no say over this inflation.
Of course, you don't have say.
Exactly.
What's your point, though?
That's my point, is that it is what it is.
Other than being smart with your own money.
Because you know what comes next?
What do you mean?
It is what it is, bro.
You know what comes next?
The dollar gets weaker.
It's still the strongest currency in the world.
The dollar gets weaker.
The economy takes a hit.
People are out there not knowing how to make an income.
More division amongst everybody.
Then you have more protesting.
Then you have more rights.
Then what the hell do you do?
This is what comes next.
This is not sustainable to go like this.
You cannot have fake success for too long, bro.
Listen, name any bodybuilder.
There was a guy on YouTube that had a YouTube channel, million and a half subscribers.
I don't remember his name, but Penia Piana Piano, some name like that.
And he was everywhere.
And he said, for 20 years, I've been straight on steroids and growth hormone.
For 20 years.
He said that.
For 20 years.
And he did a video.
He says, my hand used to be this big.
Now it's this big.
I used to be size 11 shoes.
Now I'm 13 and a half.
My hat used to be seven.
Now it's eight and a half.
Whatever.
He tells you exactly.
My heart used to be this size.
He's this size.
You know what happened to him three years ago, four years ago?
What do you think happened to him?
Guy passed away.
Cool looking guy, spoke very well, was very eloquent, passed away.
You cannot have fake testosterone for your entire life and you're overdosing on it.
America's had fake steroids growth hormone for how many, how long have we been at zero interest rate at the number that we're less than 1%?
America's been on steroids and growth hormone for so long that the moment you get off of it, when you get off of steroids, your skin gets yellow because your body forgot how to produce testosterone.
When America gets off of this all growth hormone and steroids, America's economy is not going to know how to reproduce it.
It's going to take a while.
This is not like another 01 or 08.
No, we're not talking about another 01 or 08.
This is catastrophic.
And the fact that Michael Burry has the audacity to go out there and talk about this stuff, more freaking power to him.
It's forcing us to have the conversation.
For somebody to actually make you question that inflation is not there.
No, And Powell, you're not talking about lightweight people yelling.
People like that that are saying, no, this is normal.
No, this is, what the hell do you mean this is normal?
It's not normal.
Lying through their teeth.
But it's not, I don't think it's the lying through the teeth because I think that's not a Republican-Democrat thing.
I think everybody's lying through their teeth.
I think it's more the following.
I think here's what it is.
Okay.
I think it's more from the standpoint of, I'll look at it.
I think the press on the time.
I think it's from the standpoint of the following thing.
Do your parents lie to you?
Yeah.
For how long?
Let me ask you a question.
My whole life.
Yeah, but it's for your own good.
Is it good that your parents lie to you?
Think about the question right there.
It depends on what they're lying about.
White lies, whatever.
I don't know.
Let me ask you a question.
You're four years old, mommy.
How are babies are born?
Is it good for your mom to tell you exactly how babies are born?
Probably not at that point.
Probably not.
They're lying to you, though, right?
Do you think it's good to say Santa Claus is fake at three years old to a kid?
No.
But you're lying.
Parents are liars.
Okay?
Fine.
But you lied to me at three.
Fine.
True.
Fine.
If you're lying to me at 38, what the hell are we doing?
I understand yelling lying.
I understand there's a part of it.
But dude, this is no longer a time to lie.
You have to come up and say, we have an issue, America.
Here's what we need to start doing.
Save the freaking money.
Kick back a little bit.
Okay?
Chill out with the spending habits.
Let's kind of change some of these habits that we have.
No more talking to American adults as if they're four-year-olds.
You're scared shitless whether they're going to believe in Santa Claus anymore.
Tell them the damn truth.
I'm 40 years old.
Santa doesn't exist.
Tell me he doesn't exist.
Tell me some of these things here.
It's time for me to know.
And these guys are treating adults as if they're kids.
No, inflation is going to hit us.
This is not something that's fake.
This is not something that's just the rhetoric.
They're lying because they think they're protecting us, right?
And that's their whole motive.
And what's going to happen when all these things do happen, the global shipping crisis, you're going to watch the Christmas shopping this year.
Wait till you see what you're not being able to get.
Wait till you see how much your Nike shoes are getting jacked up.
This is all real.
I'll tell you another thing.
I can see any day six of these huge tankers or these huge vessels that carry all the goods from China.
I can see them every day from my deck with binoculars.
They're out there.
I don't know if they're coming in and they can't get in or if they've unloaded and they're heading back.
I've never seen it before.
But if you look at these aerial images of Long Beach or even in New York, there's 80 ships waiting a month to unload.
All this stuff is going to happen.
So when, and then they think they could just put a band-aid on it with $3.5 trillion and just keep paying money.
But who are we going to blame when this all does, all the shit does hit the fan with inflation, with you're going to the grocery store and things aren't there and you can't order things on Amazon that you're used to?
Will they blame the Democrats?
And if it coincides with a market crash, will that Mitch McConnell?
Will that be the impetus to get people out?
Mitch McConnell is just as much at fault for this as any Democrat, number one.
Number two, I think the big difference here, guys, and you both made really, really good points.
The big difference is here, your parents lie to you because they love you.
You know, they want to protect you.
These politicians are lying to us because they think we're stupid.
And they want to protect themselves.
And they want to protect their jobs.
And they want to protect their Q score.
And they want to protect their chance at reelection.
All right, your parents lie for your own good.
Politicians lie for their own good.
And that's something that needs to be understood.
Brian knows what's going on.
What's this here?
What's this?
Democrat represents total college.
When you were talking about the fact that this is kind of like an engineered crisis, they're not hiding that.
This is from March of last year.
This is the majority whip.
The House majority whip, the number two Democrat in the entire Congress, okay?
Tim Clyborne.
This is when COVID was raging.
Everything was just getting shut down.
We had no idea.
We thought that this was the black plague still, okay?
New York was completely empty.
His response is the coronavirus is a tremendous opportunity to restructure things to fit our vision.
This has been played out, guys, for 18 months.
This is not new.
As soon as this thing happened, all right?
As soon as this thing happened, people in power saw this and said, okay, open the piggy bank.
Let's get on.
Do you want the Green New Deal?
Here it is.
What do you need?
Who are our donors?
Let's get it to them right here.
And they didn't lie about it.
This was one of the times where they said the quiet part out loud.
The coronavirus is a chance to fit this world.
I get that.
And by the way, listen, both sides are opportunistic and what they're doing.
Both sides are opportunistic.
You have to know.
One side is wanting to put more of the onus on you.
The other side wants to put the onus on rich people.
So one is saying, look, you can do something about your life.
The other side is saying, no, poor you.
You can't do anything about your life.
You're a victim.
Let us help save you, right?
One is trying to be your hero.
The other one's trying to say, why don't you do something about yourself?
Because when you win, you feel better about yourself.
When you accomplish something, you feel good about yourself.
What happened when you won a game?
You felt good about yourself.
What happened when you got that job and you got a promotion?
You felt good about yourself.
What happened when you got, you know, first $10,000 in a bank?
You felt good about yourself.
What happened when you bought your first car without needing mommy and daddy?
You felt good about yourself.
This is all confidence-boosting opportunities, right, that we have.
One side saying, no, you don't understand.
You are a victim.
You're not as smart as them.
We know what we're doing.
We know what's best for you.
The other side is saying, I believe in you.
I think you're capable.
Why don't you go do something about it?
Let's go.
And I think you can pull this off.
Let's see what you got.
How bad you want it.
It's a different level of coaching on what you got.
So I'm not surprised that this is taking place.
All I'm saying is when it comes down to the numbers right now, what we're talking about, Adam, this is not the same thing here.
Yeah, but when was this, this speech that he gave?
March 2022.
2020, last year.
March 2020.
23rd, yeah.
Okay.
So Trump was still president.
Republicans still controlled the Senate at that point.
You know, one thing that I love about Republicans is they'll talk about not spending as much, lowering the deficit, balancing the budget, and then they don't fucking do it.
Like Trump spent as much money with stimulus as any Democrat ever.
So rhetoric is one thing.
Stop, stop, stop.
Rhetoric is one thing.
And then what they actually do is another.
Stop.
Who has to pass it?
Who has to pass the stimulus?
House and Senate.
And the president has to sign off.
Who controlled the House?
Democrats had the House.
Republicans had the Senate.
And Trump was president at the time of this story.
So what does he do at a point like that?
The point.
Listen, this isn't a debate.
He passed it.
No, no, no.
But it's not about he passed it.
Do you remember how to create a climate for it to be passed?
So fine.
Now go there.
Do you think at the time when he passed it, it was necessary?
They held the church.
Now, I'm asking you, do you think at the time it was necessary to pass it?
In hindsight?
Yes.
Yeah.
Okay.
Do you think it's necessary today to do a $3.5 trillion bill?
I don't know.
It just seems like a lot of printing of the money, like to your point.
Okay.
So it's a slippery slope.
But you're basically trying to say, like, I don't know what your intention was, but at the time of this speech, reinvent the wheel.
Well, whatever.
We did the podcast.
Did we support it?
Did we do the podcast in March of 2020?
We started with it.
When we were talking about it, did we support it?
Did we support it?
I think it was that we had an open forum debate about it.
Were we like, hey, let's go out there and spend all the money?
Was I for printing money non-stop?
No, no, not at all.
Am I a guy that's saying, let's keep printing money and keep give money away to people?
No.
No.
But if you shut me down and I'm California and I can't get out, you don't have the right to shut me down without paying me.
Yeah.
Do you understand what I'm saying?
Like, hey, you can't come to work.
I'm sorry, bro.
What do you want me to do?
I have to take care of my family.
At least pay me.
We have to pay you.
You can't do one without the other.
Because if you do, and if they don't pay, remember what the conversation we had with, they said, if they don't pass this year, what do you think is going to happen in the streets?
People are going to find a way to get their money.
How do they get to get their money?
Remember, there was like a three-month period where people were worried on the streets what's going to be happening.
You don't remember the crime was up?
Of course.
Breaking into houses.
Do you forget those stories?
So you can't corner one side and put people in their houses and tell them you can't get out and not have to make that move.
That's not the case today.
But today they want to do more than they did a year ago.
My point is this: do Democrats not know how to balance budget?
The last time we had a balanced budget was under Bill Clinton.
Let's not forget that.
Yeah.
The last time we had a balanced budget system, Duke King.
Okay.
Sure.
What part of it?
Let's not pretend that Republicans don't spend money too.
What part of this conversation is left or right?
What part of this conversation is left or right?
I think Gerard's point was that it was a left budget.
Gerard's point is a different situation.
My point on this was that this isn't a market correction that we're hearing.
This isn't a market correction that we're living through.
My whole point of bringing this up isn't Democrat-Republican.
It's the fact that this isn't a market correction against free money in the marketplace or a derivative problem.
This is a government-created problem.
All right, let's change it up here.
Caroline, can you please bring the bottle of water for me, please?
No, okay.
All right, let's do this.
It's Gerard's birthday.
So we have to sink for him and we got him a cake.
Nice.
All right, if you guys ready on three, let's do it on three.
One, two, three.
Happy birthday to you.
Happy birthday to you.
Happy birthday, dear Gerard.
Happy birthday to you.
What's your wish?
Tell us.
I want world peace.
Or I'll kill you on my way to get it.
Anyways, happy birthday.
I'll kill you.
I want world peace, even if I have to get it by force.
We should have had this at the beginning of the show.
Get a little sugar rush.
Thank you guys so much, man.
Thank you, Caroline.
Thank you, guys.
Welcome, Gerard.
Just Venmos when you can.
Hey, and if you need to say Venmo, just Venmo us when you can.
Can I get a fan to blow out the candles or something like that?
I don't know how this goes in today's world.
Very politically correct.
Anyways, gang, we're going to do it again on Thursday.
Go give Gerard some love.
Put his Instagram and calendar in the comment section, guys, so people can go give him love and give him a follow.
