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May 5, 2022 - PBD - Patrick Bet-David
02:18:14
Matt Walton | PBD Podcast | EP 153

FaceTime or Ask Patrick any questions on https://minnect.com/ PBD Podcast Episode 153. In this episode, Patrick Bet-David is joined by Adam Sosnick and Matt Walton. Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Follow Matt on Twitter: https://bit.ly/3w4LoV6 Follow Matt on Instagram: https://bit.ly/3vLxgkB Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Text: PODCAST to 310.340.1132 to get added to the distribution list About: Matthew "Matt" R. Walton is an American stage, film, and television actor. Walton made his New York City debut Off-Broadway starring as Berger in the 30th anniversary production of Hair in 1997, and later reprised the role in Boston and at the Bay Street Theater in Sag Harbor, New York. About Co-Host: Adam “Sos” Sosnick has lived a true rags to riches story. He hasn’t always been an authority on money. Connect with him on his weekly SOSCAST here: https://youtube.com/playlist?list=PLw4s_zB_R7I0VW88nOW4PJkyREjT7rJic Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal bestseller Your Next Five Moves (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. To reach the Valuetainment team you can email: booking@valuetainment.com 0:00 - Start 6:22 - Dave Chapelle gets attacked at the Hollywood Bowl 25:00 - Discussing Amber Heard/Johnny Depp Trial 48:00 - Warren Buffet says 'Every day is a coin flip' when it comes to Russia & Nuclear weapons 1:04:00 - Biden proposes the largest tax cut since FDR 1:18:44 - 11.5 million open jobs 1:31:00 - Fed raises interest rates 1:50:00 - Discussing Roe v. Wade and the leaked supreme court opinion 2:08:00 - Musk/Twitter

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Time Text
All right, we're going live in 10 seconds.
Stand by.
Are you out of your mind?
Here's the debate.
You're upset.
They're saying we believe you.
Let's have fun.
Awesome.
Folks, it's good to have you on with us.
Today's what?
Episode number 153.
I have my good friend Matt Walton in the house.
My man.
Matt, you and I go back a few years, right?
A couple years ago in Dallas.
I interviewed you.
We met through a mutual acquaintance guy named Paul Feldman.
He's a classmate of mine in high school.
Insurance NewsNet.
Insurance News Network.
I know Paul real well of Insurance NewsNet.
Yeah, yeah, yeah.
And when the, you know, we used to make a lot of money in commercials when all that money sort of started going to the influencers.
Instead, I reached out to some of my friends who were successful and said, hey, you probably need some video content.
And Paul was one of the guys.
He's like, hell yeah, I do.
And we started making stuff for his magazine.
Among that content was an interview with Patrick Bett David.
And we became fast friends then.
We kept in touch over social media.
And, you know, we have a lot of the same background, you know, scrappy entrepreneurs.
And so we, you know, we have a kindred spirit.
So thanks for having me, Battle.
No question about it.
And I, you know, Matt, for some of you guys that don't know Matt, Matt's an actor.
I think that's the best way.
You've done Broadway.
You've done Hollywood.
If you can pull up his, if you watch Irishman, he was an Irishman.
He's been in a money monster.
I think that's what Clooney.
Jody Foster directed.
Jody Foster with Purge, which was Purge Election Year.
You were in that.
But you know what?
I want you to pull up.
I want you to pull up.
Just go to type his name and just go to images.
And it's unfair.
I mean, look at this.
Gentlemen, if you're watching with your wives, just tell your wives to look away right now.
Click on that.
Go to that one.
Look at how sexy this guy is.
It's just too much, bro.
That was in the rain, too.
Yeah.
Go to the other one with the old the one right there.
Let me see which one it is.
Go with the perfect white teeth.
Go to the perfect white teeth.
So today, look at this.
This makes no sense.
Who do people tell you look like the most?
You get like Dylan McDermott or Dermot Mulrooney.
They always get those.
The Dylan, the Scott Bakula, sometimes I would get.
Scott Bakula.
Quantum Leap.
Quantum Leap, Scott Bacon.
Who were you going to say?
Who did you get somebody in mind?
I don't know.
I mean, Scott Bakula could be a guy.
I could never tell the difference between Dylan McDermott or Dermot Mulrooney.
Neither could anyone else.
Right.
That was like the running jokes.
So you know what's crazy?
We've been trying to do this for a while to get Matt on.
And I'm excited for today because, Matt, one thing I like about you is you've been in Hollywood.
You've done a lot of work with pretty much everybody.
You've done work with a lot of people.
You just did something with Ewan McGregor.
Yeah, that's right.
I mean, you've done stuff with the biggest names.
But also at the same time, you got some strong opinions as well politically.
And when I follow your Twitter, I don't miss your tweets.
I just watch it to see what the hell this guy's going to say next.
And it's entertaining, but you talk a lot of shit.
It gets me in trouble sometimes.
I can imagine that.
But yeah, I said, listen, why don't we figure something out here to get you on the podcast?
By the way, folks, for some of you guys that are listening today, today we're doing an old school format of a podcast.
My goal is to do the following.
We've been talking about this a lot.
This is the problem when you have a very good booker, okay?
It works both ways.
He's booked this out for how long?
I think we're booked till July or August.
We've got several dates in July already.
But every once in a while, we just want to talk current events.
We're trying to get it in my schedule right now to put one every week, no matter what we're talking, current events.
We got a lot of topics to go through.
FYI, guess who we have tomorrow on the podcast?
The greats.
I'm calling them the GOAT.
I asked this question yesterday on Twitter.
Name me the greatest UFC fighter of all time.
You know what a lot of people said?
They said GSP.
Tomorrow on the podcast will be George St. Pierre in the flesh, right here, talking.
There's a lot of talk about him with Khabib.
There's a lot of things that are coming up lately.
So I can't wait to do that interview.
But again, that's a byproduct of having a guy that's booking us nonstop.
Rob, we're proud of you.
Having said that, here's some of the topics we're going to get into.
So I've been watching this Johnny Depp and Amber Heard, you know, back and forth, right?
And you know what's the biggest question I ask myself is the following.
Here's what I ask, man.
And I want to get your input on this.
I asked myself, okay, both of these guys act for a living, right?
I mean, both of their jobs is to convince me and feel the pain of what they're going through, right?
So who do you believe?
Do you believe Johnny?
Do you believe her?
She's been crying the last couple of days because that's been her turn, I think.
And he was telling his stories and having fun.
But both ways, I want to kind of get your input on that.
Roe v. Wade, which is obviously something everyone's talking about right now, from the left, from the right, everybody, which I have some bad news for you on that end.
I think it's going to hurt your feelings.
But you're going to have to be okay with that.
Debt rates increased half a point, folks.
Let me say this one more time.
Half a point.
Biggest hike in two decades.
And I'm going to explain to you what this means to you.
We'll get some feedback from both folks here on how this affects who Biden proposes largest tax increase since LBJ.
Biden seemingly unaware he was ever a senator in the latest gaffe.
And then we have Joe Biden's approval underwater, 68% disapproval of handling of inflation.
And then we have Buffett's question was asked about nuclear weapons, which was very interesting.
He says, so how one of the investors who owns the share says, how concerned are you about a nuclear war?
And his answer was a coin flip, meaning it can happen any minute.
For a guy like that worth $100 billion to say it's a coin flip, we'll be curious to know what he has to say about that.
Charlie Munger is still putting a lot of hate on Bitcoin.
Trade deficit source for the first time over $100 billion.
This is the first time ever.
College graduates are overestimating their salaries.
They'll start out at 50K, but you should see what they think they should earn when they come out of college.
Musk has just created a bunch of stuff that we got to talk about.
His call out of AOC, what he said he's going to do to NBC.
The way he slammed NBC was maybe, it's just, did you see how he slammed NBC?
That is legendary.
He tortured them.
I mean, on Twitter.
And then, you know, he's thinking about taking public again three years from now.
I got some conversations that I can tell you guys about what call I got yesterday.
Bill Maher, Twitter has a complete lack of self-awareness about their own problem.
They have failed.
He's not talking about Elon Musk, Twitter.
He's talking about the old Twitter.
And then we got Biden officials want Musk to bring Trump's crazy back onto Twitter, which is crazy.
Then obviously Amber Heard and a few other things that's going on.
And we have to cover this story with our friend Dave Chappelle, who Dave Chappelle.
I say we start off with that story.
Dave Chappelle.
Okay, Dave Chappelle.
Did you see the video?
Did you see what happened?
Oh, yeah.
Are we allowed to play that?
I'm sure we can because it's a tweet.
Crazy thing on what happened here with Dave Chappelle.
What page are we on?
Let me see what page.
Tell me what page we're on.
That's the bottom of page six.
Okay.
All right, here we go.
Dave Chappelle's story.
Police arrest suspect.
An on-stage attack of Dave Chappelle.
Rep calls incident unsettling.
This is a USA Today story.
Police have arrested a suspect in on-stage attack of Dave Chappelle at the Hollywood Bowl in Los Angeles.
Tuesday during a Netflix is a joke festival.
An audience member stormed the stage as Chappelle 48 was exiting the stage after his performance, lunging at him and tackling him to the ground, according to the press release from the LA Police Department.
Chappelle refuses to allow last night's incident to overshadow the magic of his historic moment.
The comedian's rep Carla Sims said in a statement Wednesday: Start the day smarter.
Get all the news you need in your inbox each morning.
Dave Chappelle celebrated four nights of comedy and music, setting record-breaking sales for a comedian at the Hollywood Bowl, Sims said.
As unfortunate and unsettling as the incident was, Chappelle went on with the show, Sims said.
The venue security detained 23-year-old Isaiah Lee, LAPD officer Rosario Cervantes, told USA Today Wednesday they arrested Lee.
Chappelle was not injured.
Lee was taken to the hospital with minor injuries.
Minor injuries.
Have you seen the guy's shoulder?
There's nothing minor about that.
Lee is being held on $30,000 bond, according to the release.
Matt, what are your thoughts about what happened here?
Well, they roughed him up pretty good, didn't they?
Well, of course, everybody immediately thinks this is a result of what Will Smith did at the Oscars.
He's just set a precedent.
You can attack comedians on stage.
But do we have a motive for why this guy went up there?
Has he said why he wanted to attack Dave Chappelle?
Was it something Dave Chappelle said, or was he just trying to scene?
So there was a story.
First of all, this is not a good picture.
Show the video first so the audience can see what happened.
Most people have seen it.
This dude got roughed.
You see his arm?
His arm is bent the complete other way.
He was on backwards.
Can you show that video first?
Clearly, security was beefed up in a big way.
Apparently, it was Jamie Foxx that came to the rescue.
Jamie Fox in a cowboy hat.
A bust, a bust.
Busted arm.
Here we go.
Look at the guy's arm.
Do you see the guy's arm?
His arm's facing the other way.
Look at him.
His elbow is out.
Oh, my God.
Yeah.
That arm right now.
You bring up a good point.
What was this guy's motive?
Yeah, yeah.
We don't know, dude.
You know, people are feeling very comfortable running up on celebrities.
I'm not sure if it's the Will Smith, if it's art imitating life, life imitating art.
You're an actor.
This is something that you probably deal with.
But this reminds me of the guy who felt like he could feel very comfortable talking shit to Mike Tyson.
How'd that work out for that guy?
Got the living crap kicked out of him.
Now there might be a lawsuit pending.
But there's almost like blurred lines.
Well, you know, that's a result of social media.
That's just what I was going to say.
Like all through the pandemic, all these musicians are playing guitar inside their houses.
I'm like, I don't want to see inside your house.
I want there to be a wall of mystery between me and the artist.
You know what I mean?
And social media has completely knocked that down.
It used to be, you know, in the case of like soap opera actors and whatnot, if you're, I think one of your last guests spoke a little bit about this.
Jason, I think it was.
When you're in somebody's living room every single day on television, the human body and brain cannot distinguish between a relative and a person on TV.
We haven't evolved past that yet.
So it really feels like you know that person.
Because they're in your home.
They're literally being in a movie theater.
It's very distant.
Right.
Watching TV and seeing a movie are two different things.
I think that was Ethan Sapli that brought that up.
That's right.
That's right.
And so this may be, you know, Instagram and everybody doing things from their homes and, you know, celebrities being literally reachable through social media.
This may have something to do with it.
Or it could just be this guy wanted his five minutes of fame and who better to attack than the best comedians alive.
I don't know.
I just found this link.
I'm going to send it to you, Tyler, to pull it up.
Very interesting.
So this guy's apparently a rapper, is what he is.
Oh, so he's a rapper.
In 2020, he did a song about Chappelle, and he also said, Trump is my president.
Leave him alone in a rap song.
So pull up the link.
So I'm actually curious now.
Hey, Pat.
Did you see Chris Rock right there walk up on stage after?
Yeah, look at that.
Yeah, hey, Chris Rock said, was that Will Smith?
By the way, you don't.
You don't have to do that.
I mean, listen, Chris, that's like a perfect opportunity for him to get up there.
But just so you guys know, all of these events that Chris Rock is at is preparing him to get a $100 million Netflix special in the next few months.
And I'm promising you, they're working on something right now.
Go ahead.
You were going to say something.
No, this guy's 23 years old.
So he's only been born and raised on social media, right?
Going up.
Since social media has been, what, really 10 years strong?
Maybe a little bit longer with Facebook, but I'm talking like the Instagrams of the world, 10 years strong.
So that's all he's ever known.
But Matt, you touched on something.
The blurred lines between, it used to be a very clear distinction between that is a celebrity.
They're on stage.
That is who we watch.
And I'm just a regular old person watching.
Now, I don't know, you touched on because it's COVID, lockdowns, homes on your phone, like all these blurred lines of like, yeah, I could just, I could just roll up on Mike Tyson and talk shit.
Right.
I could just run up on stage with Dave Chappelle.
I'm a rapper.
I've got a social media.
I'm a person.
I'm famous.
I'm famous too.
It's like, buddy, there are clear distinctions between a Mike Tyson and a Dave Chappelle and you're clown ass.
Well, the difference between these two things, Tyson in this case, I mean, this guy attacked him with a knife.
This is obviously some kind of, you know, beef the guy had with Chappelle and he wanted to, you know, stick him.
But it's more the mentality.
This was a fake knife.
Was it?
This is now.
No, it was a fake gun with a knife within it, something like that.
Yeah.
So if you look at the picture right there, that's LAPDHQ.
And the rest has been an incident where a comedian was attacked while on stage.
A comedian was attacked.
They're not even naming the comedian.
And the comedian was attacked while on stage at Hollywood Bowl.
Isaiah Lee was charged with assault with a deadly weapon and Bayless said $30,000.
If you go a little lower and you'll see what he says if you go a little lower.
That's the clip.
Go below the video and it says, no, I think above that.
Yeah, go above that, above that, right there.
So a little higher, a little higher.
Okay, Lee's song that is specifically titled Dave Chappelle was released in 2020.
It's on that song where Lee raps laugh at you.
As a joke.
And then Lee has another song defending former President Donald Trump with lyric included MAGA My N-word and open-ended question, why is everybody always hating on my president?
Interesting.
And then no one TV show said, and then Joey Behar, if you go a little lower, said Joe Behar and Sonny Helston blame Trump for Dave Chappelle getting attacked on stage, which is obviously, it's, of course, Trump's fault.
They claim he got into the minds of the entire population.
Didn't happen before.
Behar insisted Sonny had it, but I think Trump unleashed some incivility in our country.
There you have it.
By the way, do you think this is going to become a movement and more of this stuff's going to happen?
Like, do you think somebody's looking at there saying, this is a playbook?
I'm going to do this as well.
100%.
I mean, and I'm going to the, like, look, I've been pretty clear.
I didn't think that what the Will Smith slap represented was way worse than the actual slap.
A man slapped another man.
Chris Rock took it like a G, said, all right, I'll leave Jade as a, okay, cool.
But just imagine if this guy who actually brought a knife on stage legitimately stabbed Dave Chappelle.
And Dave Chappelle was in the hospital now.
Because Dave Chappelle is very quick to joke, hey, thanks.
We got Jamie Foxx here with a cowboy hat.
Everyone needs a Jamie Foxx.
Imagine if Dave Chappelle was in the hospital right now.
The overall sentiment in the country would be like, holy shit, you brought up the Will Smith thing, right?
That's obviously what came to mind.
A person rushed the stage and attacked a comedian or a celebrity or an icon.
But imagine if Chappelle is actually in the hospital right now, or God forbid, imagine if he died.
What would the mood of the entire country be?
Would everyone be on pause and be like, What the hell is happening right now, guys?
What is happening right now?
No, thank God Dave Chappelle is okay, but this guy had a legitimate knife.
Imagine if it was a gun, right?
And he just boom, shot him.
And that's how Dave Chappelle won out.
It's a very, very scary situation.
Yeah, so a couple of things goes.
I think about number one: how the hell did that guy get in there with the gun and the knife?
That's number one.
So, security is one to blame.
What kind of security do you have with all these celebrities being there?
Like, what are you thinking with security?
That's number one.
Yeah, so number one, accountability to me is who put this thing together?
Who was your security?
Let's hold the security accountable on how they got in.
What was the infrastructure for somebody like that to get in?
Number two, you know how in 9-11 happened, TSA comes right after 9-11.
In November, we have TSA, right?
Two months after 9-11, we have TSA.
But back in the days, you can just go, Hey, hey, mom, she comes out of the gate and you see her at the gate.
People would forget that.
That you could literally go to someone's gate just 30 years ago and greet them after just 20 years ago.
My grandma would come meet me off the plane when I was a kid, 12 years old.
And that event like this changes.
So, you got a good point there.
Now, think about it this way: how much different would this experience be if talent now said, you know, how back in the days Van Halen would say, Here's how we'll do it.
This is what we want in our contract.
If you don't have this, we won't show up.
And they used to say they had this thing with the MMs that they wanted specific types of MMs.
And multiple times, if you didn't follow the contract to the T, they would leave because they said, You didn't follow our contract, and you're still liable to pay us.
So, they had a contract.
Now, imagine if comedians say, Hey, I won't perform until you put a fence up or you put something up that I feel safer.
Imagine we get to that point.
Okay, now, if a comedian asks for that, say first comedian asks for that, that's what I want to do.
I don't feel safe to craziness that's going on.
Here's what I expect.
Then that creates a trend.
So, that becomes the next TSA of what happened after 9-11.
Thank God nothing happened here.
But you have the guy that pulls up to Tyson, you have the guy that pulls up to him, you have the guy that's an FYI.
Dave Chappelle has a crew around him and they destroyed him.
That guy's lucky he wasn't beat to death.
He's lucky he's not beat to death.
But there's a part, there's a part that's actually good that that happened to set the tone for everybody else.
However, how many people have Chappelle's size of entourage?
Not many people.
Does a younger comedian that's getting up?
So, you know, how you go to comedy and some guy takes a shot at you.
He's like, Oh, who are you?
You look like you're Middle Eastern.
Let me guess.
You have a 750 BMW parked outside, right?
And you have a lot of money.
Odds are that car is stolen.
Papa, these comedians say these types of jokes.
Yeah.
And I was like, you know what?
If Wilson me up, I'm going to get up and then I'm going to go out.
And then this younger comedian that's coming up, it's like, dude, I'm just role-playing with the guests that are here.
Now he gets something happening to him.
So he doesn't have that kind of protection.
He doesn't have a big on thrush.
He's coming up.
So bigger guy may be protected, but the younger guy coming up may not be protected.
So the games change a little bit.
I'm very curious to know what these bigger comedy clubs are going to do to make their comedians feel safe.
But I would make the argument that somebody that's not as big as Chappelle doesn't have a reason to be gone after.
Like the younger guy who's just coming up.
I mean, if you listen, I think this is a one-off.
People want to go after Chappelle because he's a lightning rod, right?
He's always in the news.
If you're a young comedian and you're going to this guy's show, you're not going to beat him up.
You're going there to laugh.
You know what I mean?
I hope you're right.
And yes, I don't necessarily disagree with what Adam's saying, but I think there's so much to be said for what you said, Pat, that this guy got the snot beat out of him.
Yeah.
Like he's lucky he wasn't beaten.
Well, listen, that's what happens in life sometimes.
Yeah, if people see this and they think about going up on stage and they look at this guy, I think they're going to think twice.
But I also think that my mind's going someplace else with this.
It's making it about yourself when it has nothing to do with you.
This reminds me of like the streakers who come on run on the field during the Super Bowl or during the World Cup.
This guy, you know, Steve will do it or whatever, the Nelk Boys or whatever they did.
It wasn't that guy who did the Super Bowl thing.
One of those guys.
But you're making it about yourself.
You know that there's a lot of eyes on you drawing attention.
You're saying, this is my time.
I have an opportunity to get my name in the news.
I have an opportunity to put myself into the atmosphere that all the eyeballs are looking at me and you're making it about yourself.
It's ego-driven.
And the lines are blurred because you have a public profile now.
That's a whole nother thing.
Don't get me started on when you go onto someone's Instagram profile and it's public figure.
Yeah.
It's like, buddy, you're like, unless you're a famous actor, famous politician, you are not a public figure.
I'm sorry.
But this mentality, this is my biggest concern.
This mentality that, like, I deserve the eyeballs.
Dude, Dave Chappelle deserves the eyeballs.
He's the greatest comedian living right now, in my opinion.
Going off for a while.
Okay.
So the guy, the guy, you know, go ahead.
Yeah, yeah.
To Joy Behar's point, Trump did not bring in incivility.
Incivility had been here a long time.
Trump had been incivil for a very long time.
You know, I used to work for the guy.
I know how incivil he's always been.
The culture has been shifting toward incivility and this me, narcissism for a very long time.
And it's exacerbated constantly and it just grows exponentially each year.
I find this case in particular, this guy seemed batshit crazy, had a grudge, wanted to hurt Dave Chappelle in front of everybody.
Okay, that's different.
That's a little different than what Will Smith did.
But I also think what's going to end up happening is comedy is probably going to change, which is the biggest tragedy of all, because comedians are the last truth tellers we have.
You can't tell a joke without truth in it.
It's not funny otherwise.
And I think comedians are going to start to adjust their sets to not offend and to make sure that stuff like this doesn't happen, particularly if they don't have an entourage like Chappelle.
That's pretty much it.
And that's the biggest danger of all.
We talked about it with Tony Hinchcliffe.
Yeah, that's not, that's not, we need those guys to stay loose.
Real quick, you get up on stage every so often, right?
You have your events, you speak.
Let's say something like this happens to you.
Not to this extent, but some guy bum rushes you on stage.
What's your response?
But you have to realize it's happened and it's going to happen.
That's not something like Bush is on stage talking with another prime minister or president.
Guys throws two shoes at the guy.
So it's like moments of that entire meeting.
Yeah, so you have to know this is not a new thing.
You know, the guy who went after, you know, president, you know, had an infatuation for Michelle Pfeiffer.
I was doing it because I wanted to impress Michelle Pfeiffer because you don't know people's motives.
This whole thing we did with the event last couple days, right?
Here's what we don't know.
We don't know the guy's real story.
We don't know what Lee is telling this Isaiah Lee guy.
We don't know what he's telling himself.
We don't know what's in his brain.
And that's not the truth, but it's his truth, right?
To him.
That's the reality of what's going on.
You don't know what these guys are telling themselves, but I don't think it's a new thing.
I don't think it's been, it just started happening like two weeks ago or a month ago.
It's like the Tyson thing.
Like you mentioned it earlier.
Somebody went up to Tyson with a gun.
And what does he do?
He talks the guy down and gives him a hug.
Like, like you say, man, this happens all the time.
It's just this gets national headlines.
Yeah.
The only difference is, the only difference is, if they do something like that and hurt a guy size of Chappelle with his kind of notoriety, shit's going to change very quickly.
So that's the one thing they have to realize.
Shows are going to change.
Format's going to change.
Security is going to change.
Everything's going to change.
So just think about having to stand in line for four hours to get in.
How annoying is it to go to a show?
Imagine waiting for four hours.
We had President Bush at one of our events.
What was it?
Three years ago, four years ago, right?
So we've been working on, you know, we invited him and we invited Obama.
Obama doesn't do anything in August.
Our events are always in August.
And Bush said, I'll make it.
So he came to the event.
Do you know we had to have 100 Secret Service agents?
We had to have security where what do you call it?
Metal detectors everywhere.
We had to invest that money and have it everywhere to come in.
They had meetings with us.
They had meetings with our crew.
They had meetings with people that are on the inside.
Everybody had a yellow sticker that you kind of knew you're trained by Secret Service to know that for the next four days while the presidents come in, they were so fully prepared for it, right?
Things are going to escalate when things like this happen.
I just don't think this is the last event that we're going to hear about.
I think it's going to happen.
You hit the nail on the head with the 9-11 reference.
You said that, you know, 9-11 happened in September.
Boom.
A couple months later, November, TSA.
Okay.
So it's weird that the Hollywood Bowl didn't have metal detectors.
I think they would.
The Hollywood Bowl.
But it will is my point.
God forbid Dave Chappelle's in the hospital with some stab wounds.
Boom.
The TSA reference becomes all too real into the Hollywood.
Think about it.
We used to just go into arenas and to theaters.
Hey, walk right in, get your seat.
Now you're getting COVID tested.
You're going through metal detectors.
They're patting you down.
It takes, unfortunately, a freaking tragedy, a 9-11-esque horrible tragedy.
Dave Chappelle, God forbid, getting stabbed tragedy for venues to be like, dude, we're not going to take the risk.
And that's just what happens.
Yeah, I mean, again, okay, if you were to vote, do you think we're going to hear another story in the next 30, 60, 90 days?
Oh, no doubt.
No doubt about it.
I agree.
I think it's going to be 30, 60, 90 days.
And I think if I'm the guy that's putting events together, this is an opportunity for me to say, hey, Dave, let me tell you what our format's going to be for you to feel protected.
Okay, so when I had Kobe Bryant at our event, 5,000 people rushed the stage.
Okay, you can see this on video.
And Kobe's sitting right next to me, like, what the hell is going on?
Right.
And right there, I had security standing in the front.
Okay.
We had, were you, you were at that event, right?
Okay.
I had security standing right at the front.
And I had to get up and I asked these guys, everybody's got to sit or else I'm going to ask Kobe to leave.
So there was that whole interaction with the, see if I have that at the opening or nope.
Click on the, well, the challenge is it's going to take a minute to see it.
Anyways, I think the event holders have to be more organized to provide a better level of security for the talent coming in because talent doesn't know your audience.
Talent wants to feel protected.
It's the job of an event hoster, the host of the event to protect the talent that's coming in.
So we have people that come here all the time.
Let me tell you what we do.
Did you see the car parked outside?
Okay, what do we do with that?
We want our talent to feel safe.
That guy's a sheriff, 16 years, by the way.
He's been, you know, if you see what his background is, somebody tries to do something here.
We're protected.
Guns blazing.
Everything's prepared, right?
We want to make our talent feel special.
That's exactly what these guys got to do.
Right there.
5,000 people rush the stage.
So he's sitting right next to me and all of a sudden, boom, everybody rushes the stage.
He's like, what the hell is going on?
I got security at the front.
Then next thing, you know, things change.
But anyways, we'll see what's going to happen here.
Thank God they had phones and not weapons.
Yeah, let's go to the next story.
Let's go to the next story.
And by the way, we're going to get to the Roebie Wade story that the Supreme Court leaker.
We're going to get into that here in a minute as well.
Next story I want to get into is the Amber Heard with Johnny Depp.
I'm assuming you guys are following the story to an expense.
There's only so much I can take of it.
Yeah, I mean, I get that.
I don't even know why it's public, quite frankly.
I think that's a private matter.
I don't like the fact that it's that public.
I mean, we have other issues that should be public that we follow that affects us.
This doesn't affect us at all.
Don't you appreciate that they make the Amber Heard Johnny Depp trial public, but not the Epstein trial?
Well, listen, it says a lot, by the way.
It says a lot.
But let me kind of give you the story.
Obviously, it's been going back and forth.
Johnny got a lot of the story from his end that's been out.
And you heard the recording.
You heard her reaction, his finger being cut.
Hey, he keeps calling her misheard, misheard, misheard.
He finally files the divorce.
I don't want to do anything.
I'm gapped.
And then she comes out and the story with him, her hooking up with James Franco, and then her for a minute dating Elon Musk.
And Elon Musk comes out and says good things about Johnny.
Hey, listen, I want to stay out of this.
But, you know, her and I had a thing together.
Amber Heard calls her trial the most painful and difficult event in her life as she kicks off testimony against Johnny Depp.
Amber Heard began testifying Wednesday for a lawsuit brought by her ex-husband Johnny Depp, describing the trial as the worst experience in her life.
This is horrible for me to sit here for weeks and have to relive everything, hear people that I knew, some will, some not.
My ex-husband with whom I shared a life with, speak about our lives in a way that they have.
This is the most painful and difficult thing I've ever done.
I have ever gone through.
Heard is the second witness her legal team called to the stand following testimony of Don Hughes, a clinical and forensic psychologist.
Hughes, who evaluated Heard and reviewed therapeutic and legal records, relates to her diagnosis and actress as post-traumatic stress disorder caused by intimate partner violence from Depp.
Hughes said that in therapeutic sessions, Heard recounted incidents where Depp physically beat her, performed a cavity surge, and penetrated her body with a glass bottle.
Heard is expected to testify about those events in the stand.
Okay.
So before you give your thoughts on, you know, whatever other details you know about it, so far, who do you believe in this story here?
Are you sitting there saying, you know, I'm kind of believing what Johnny is saying.
I'm kind of believing what Amber's saying.
Quite frankly, I don't know who the hell is telling the truth.
Where do you guys stand with this?
I think they're both telling the truth.
I think extremely toxic relationship.
They're on the stand.
They're under oath.
They're not allowed to lie.
And if they get caught in a lie, it's big trouble.
Well, at least for some people in court.
It is one of those situations where, you know, the relationship obviously had so much passion.
You guys have all been in one of these.
That it just got turned as good as it got, it got as bad as it got.
And I kind of believe both of them.
What the result should be is, you know, if either of them committed a crime, and it sounds like perhaps they both did, then maybe there's charges that are pressed.
I don't know.
In terms of it being public, well, that's showbiz, isn't it?
I mean, it's hurting their careers and helping their careers at the same time.
Do you think this is hurting or helping their careers individually?
It's helping Johnny's hurting Amber's right now.
Why do you think it's helping his hurting her?
Well, because he was the one that got canceled first before the trial came out, and we just assumed that he was, you know, the guy who was doing all the bad stuff.
It turns out she was doing the bad stuff too.
And now there's a big online campaign to have her removed from Aquaman too.
I don't think either of them should be removed.
If you don't want to see them in a movie, don't go see the movie.
But their personal lives are personal.
Again, these lines are blurred.
People are so excited to get inside the lives of these megastars to feel like I know them even better.
I know them on a personal level.
I know all their bad shit too.
And that's, you know, it's what it is.
I'm not a fan of that kind of interest in people and the gossip and all these stories, but it is fascinating, isn't it?
I mean, it shows mental illness is obviously an issue here.
Fame is a huge issue here.
Power.
And it's all on display in court, isn't it?
Yeah, you see, like right there, what you're showing.
Remove Amber Heard from Aquaman 2.
How many people have signed?
3.5 million?
2.5 million.
Look, first of all, like, why?
Tell me why.
You know, that's the job of the director, the movie producer, casting agent, if they want to have her in or not.
But to this is a form of a cancel culture, right?
To say, hey, get this girl out of it.
You know, if you don't want to watch the movie, he made a good point.
Don't watch the movie.
Johnny Depp, Disney saying they're not going to be doing Pirates of the Caribbean.
I posted a picture of the movie on Facebook, and I said, Johnny Depp is the only Jack Sparrow I know as a 43-year-old.
Period.
That thing got like 100,000 likes and 50, I don't know how many thousands of shares.
People feel the same way.
And because now someone asked him a question, they said, hey, if Disney paid you $300 million and they give you XYZ, would you still go back?
Would you consider going back and being Jack Spiro in, you know, Pirates of the Caribbean?
He says, no, I would not.
I mean, that's a sad situation because how the brand managed him.
But all in all, in a case like this, you said Johnny Depp wins and Amber Heard doesn't because Johnny already had tainted reputation based on what the Me Too movement kind of thing.
Yeah.
Adam, where are you at with this?
Well, I actually more just want to bring this back to Matt because you've worked in Hollywood.
You've been in movies.
You've been around celebrities.
This is what you do.
You're an actor.
And there used to be a famous line that I remember that you would associate with Hollywood that you could say anything you want about me as long as you do what?
Spell my name right.
That was the whole thing with Hollywood.
Just say whatever the hell you want.
Just get my name right.
Okay.
Well, people are certainly getting their names right.
And that goes back to my, is this helping or hurting their career?
Does that still ring true in Hollywood?
Is it still like, say whatever you want, as long as my names are in the tabloids, as long as my name are on the headlines, it's going to be all good.
Just spell it right.
How do you process that?
Well, I mean, it's one of these things where you've got to separate the, well, you don't have to.
It's your decision whether you want to separate the art from the artist.
I think Johnny Depp is a terrific actor.
I also happen to think he's a violent lover.
Okay.
Now, I can hold you.
You can be both.
Those two truths.
And that's the problem with a lot of our discourse today is we don't.
It's black or white.
Right.
And usually it's all gray.
Correct.
Yes and, you know, Michael Jackson.
Yes.
R. Kelly.
Exactly.
Harvey Weinstein.
I mean, they've done all very bad things, but they've also been responsible for very good things.
Right.
It's both.
So it's up to you, not as, not society, in my opinion.
It's up to the individual.
And what we're living through right now is a time where society, whoever are the decision makers, are dictating how people should think about certain things.
I think the difference here is, guys, Harvey Weinstein, that guy is a corrupt criminal, right?
Class A dirtbag.
So you go to R. Kelly's story is what?
13-year-old, you know, and that's why I'm not sure.
You might say he's also a class.
Many, many, many times.
That's breaking the law, right?
So both broke the law.
You go to, what was the name, next name that you say?
Michael Jackson.
All right.
So that, you know, the stories you hear from there, okay, that's a completely different story.
But he did make Thriller.
Yeah, he did.
I get that.
And by the way, like Kevin Spacey, to me, Kevin Spacey is one of the best actors of our generation.
I mean, the guy, how, you know, Kaiser Sosi, you know, you can go up and say so many different things what this guy did.
There is the law, and then there is intent, and then there is personal life.
You know, Trevor Bauer, I don't know if you guys know who Trevor Bauer is, is the pitcher for the Dodgers who's got a, he had a three-year contract for $108 million.
I think it was like $90 million was the contract with $10 million bonus or $18 million bonus.
Cy Young Award winner.
Cy Young Award winner, which you call it the Mickey Mouse Award winner, right?
This guy gets suspended for two years.
Did you see that?
Yeah, basically.
Two years they suspended him.
They're not even, and all charges were dropped against Trevor.
That's what's crazy about it.
Can you make it bigger, by the way?
Can you make it bigger so we can read this?
So all charges were dropped on Trevor Bauer.
This is just talking about how much money he's going to lose.
He's going to lose $102 million.
Or excuse me.
No, he's going to lose roughly $47 million of salary.
So whatever the number is, the guy's going to lose a lot of money.
So he goes in a relationship with a girl and they say, hey, I like this style of sex.
And she says, okay.
So you said you believe Johnny Depp is a fan of rough sex?
So they have rough sex.
The sex was so rough that she came back for another time.
Okay.
So then second time around, they have rough sex.
Then she goes out there and says, well, he did XYZ to me.
Then they dropped the case.
Then they drop all the charges that he got.
And then the MLB suspends him for two years.
And you're going to take nearly $60 million away from this guy who's a Cy Young winner, who is one hell of a pitcher.
You're going to do that?
Is there a law there?
Or is that just MLB making a decision to do that?
So in this case with Johnny and Amber, Johnny filed for divorce.
And Johnny is the one that's like, listen, here's what happened.
She's dropping my name out there and defame and everybody's thinking I'm a bad guy.
I'm not a bad guy.
And then you get all these other guys that are coming and say, look, I've done cocaine.
Did you do drugs with that person?
Yes.
Did you do a drug with this person?
Yes.
Why'd you do drugs with that person?
I'm not going to lie to you.
I just wanted him to shut up because he was talking too much.
I don't know who he was talking about.
Manson or one of those guys, right?
But he's just talking straight up, right?
You're going through this.
There's a part of this that you have to be very, very careful.
There are people out there relationship-wise that if you're in a bad relationship, it's realistic that you can have your career being hurt if you date the wrong person.
You have to be so careful in Hollywood.
You know, who you're marrying.
You have to be so careful in sports, who you're married.
All of this stuff.
You know the movie 50 Shades of Gray.
I don't know.
I know Tyler's one of his favorite books.
He's read it multiple times.
You always quote things out of the book.
But I actually read 50 Shades of Gray.
Okay.
When the book came out, everybody in the office was secretly like, that book is the kind of book where you cover with paper.
Like it's like when you were in high school.
You have like your homeboard and you got Playboy right in the middle.
What are you doing?
I'm just doing my homework.
But everyone's like, what are you reading?
No, nothing, nothing.
Listen, what are you reading?
So finally, like, okay, so what is this all about?
So finally, I read the book.
And there's a part of it in there where he gets the girl to sign a contract, right?
I mean, is it to that point where it's like, hey, Trevor Bauer is going to be like, hey, Mary, I like you.
Here's what I'd like to do.
My lawyer, can you please explain to them what's about to happen here?
Can you imagine that setting?
It's like, yes, okay, so let me read you your rights and, you know, let me read you the contract.
Here's what's going to happen tonight.
You're going to participate in XYZ.
Are you open to this?
If you get hurt and you're bad, sign right here.
Is that what it's going to get to?
No, 100%.
That's where we're going.
I think that's a great idea.
Lil Doc, you signed up.
If you're a big profile celebrity, if you're a Johnny Depp, if you're a Cy Young Award winner and you're making $100 million, if you're a famous NBA star, if you're a famous Hollywood guy, you have your pick of the litter.
Facts?
There's no question about it.
Okay.
So you could have Amber Heard.
You could have this person, that person.
Okay.
Listen, sweetheart, we got a thing going on.
Before this goes any further, I'm going to need you to sign this.
If they're willing to sign it, all right, you guys can do what you guys want to do.
I'm shocked he didn't have that signed beforehand.
I'm shocked these guys don't have lawyers saying, Johnny, like you have a $100 million career at risk and you're going to put it because you like to have a good time with this girl.
If I'm that person's handler, that manager, that agent, you got to have these conversations.
We're had 100%.
Have to be had.
Your whole career will go down the tubes because you like kinky sex with Amber Heard.
I had a guy, by the way, that said the following.
I can't, you know, this is a guy that's not a well-known guy, but a known guy.
He said, no joke.
He said, here's all I do.
He said, I have my phone and I get a video and I produce the video with them and I say, hi, I'm John Doe.
What's your name?
Such and such.
We, are you agreeing to do XYZ with me?
Yes.
Can you please say that?
Are you okay?
Do you feel safe?
Yes.
Can I open a door where you can leave if you want to?
Yes.
You can leave if you want to.
I don't want to, do you want to leave?
I don't want to leave.
You sure?
Yeah.
Okay, let me just give you a tour of the entire place.
It's just me.
There's nobody else here.
He's kind of going like this.
30-second video.
Yeah, and he said, perfect.
Thank you.
And he files that for himself in case this ever turns around.
Complete sense.
I tell you, as weird as this sounds, I'm in the army, I'm 18, okay?
Drill sergeants and my sergeant, Braxton, said, hey, whatever you do, right before you're about to have sex, ask for the ID.
So the guys are like, what are you talking about?
He says, ask for the ID.
You got to do it.
So you're serious.
Yeah.
So we go to a party.
All right.
It's getting to that point.
There's three rooms that are open.
Hey, can I see your ID?
You want to see my ID?
That's stupid.
Yeah, I know.
Believe me, I also think it's stupid, but can I see your ID?
No, I can't get in there.
You're serious.
Now you have to realize at this point, it's the most frustrating moment for an 18-year-old boy.
Think about being 18 years old, right?
At that moment.
But I got to see your ID.
Shows the ID.
She's 16.
Okay.
My guy had to run out.
They're like, hey, we got to get out of here.
We went back to the base, right?
It's getting to that point where people have to do such things to get protected.
But question for you from a different standpoint.
In Hollywood, okay, I met my wife in the industry of finance.
We were both at Transamerica.
We met there, right?
Many people meet their spouse, you know, within the business.
In the business, do people talk to say, hey, never date somebody?
Like, you know how the thing is, never, you know, you know, date somebody's this or never do, is there anything that's in never date another actress or never date somebody that's not in the business?
Is there anything like that or not at all?
Yeah, I mean, people have reputations for being unstable, you know, and dangerous to date, sure.
I mean, when Me Too was first breaking out, I had a lot of very famous friends freaking out, thinking, I don't know who's going to come forward from the hundred girls I was with who, you know, just decides that they didn't like what I did that night four years ago and I'm screwed.
And they would have been, you know, and they were sweating it.
So I think the future of, you know, a signed contract is not that, you know, not that crazy.
They have videos that pay.
People have reputations, sure.
And, you know, it's discussed.
But by and large, all actors are crazy.
So you know what you're getting into.
You know, that's true.
They were just nutty people, myself included.
You know, it's just, it's a weird kind of profession to pursue.
It's an insane profession to pursue.
It's impossible.
The rejection is constant.
So you got to be that kind of person who embraces rejection.
There's got to be a lot of ego involved, a lot of ego.
I mean, because especially if you're on camera, how do I look?
How am I perceived?
How's the world perceive me?
How am I viewing the world?
Like, there's got to be a lot of that.
On the other hand, celebrities, the celebrity bubble, the fame bubble, and this goes back to Amber and Johnny, the fame bubble is so insane.
Like, look what it did to, I have a controversial opinion about, say, Bruce Jenner, for example.
I think a lot of his motivations have to do with the fact that his family became more famous than he did, right?
It can drive people nuts.
It is so isolating.
It's like it's not dissimilar to when you're in prison and they put you down below, what is that called?
Solitary.
Solitary confinement.
I mean, you're kind of free to roam, but you're not.
You're never alone.
The press is always on you.
The more famous you are, the worse it is.
And so other actors are pretty much the only people who can understand you.
So you have this dating pool of crazy, but it's limited to only other famous people.
Otherwise, there's a power imbalance there that, you know, once you become famous, fortunately, I don't have this problem, but once you become famous, you begin to doubt anybody else's motive for even wanting to talk to you because people want to be around famous people.
And for better or worse, fame is power today.
Fame is a superpower.
Clout.
Yeah.
Well, right, clout chasing or whatever.
But yeah.
Let me ask you this.
So let me ask you this.
So say you're a tiger, okay, and you're 30 years old.
Say you're a pick an actor at their peak.
Pick any of these guys.
Clooney.
Clooney.
Okay.
So you're 35 years old.
Take a Michael Jordan.
Take any of these guys.
Should they get married or should they just say, I'm not going to get married till my 40s?
What do you think is the right move to do?
And I'm talking about like you're the pinnacle because Johnny's pinnacle.
Johnny's not an A-lister.
Johnny's a top five A-lister actor.
He ain't like a A-lister A-lister.
You know, he's like one.
Some people consider this guy.
He's so multidimensional how we can act.
The guy's freaking ridiculous, right?
So if you're there, what are your thoughts?
You're around a lot of these athletes.
You're around a lot of guys in Hollywood.
Do you think the right move is to just have relationships, kind of like what Leo did, and just marry your career?
And then later on, when your number starts with a four, you can still have a kid, then get married.
What do you think is the right move there?
Well, you are married to your career.
I mean, so that is an inherent issue in any relationship like that.
It's up to the individual.
There was actually an article, it was a stupid article about George Clooney, as a matter of fact.
And they were comparing him to Noah Wiley, who was also on ER at the same time.
And they're like, what was the difference between Noah Wiley's lack of success and George Clooney's success?
And they theorized that it was because Noah Wiley got married and had kids.
No, it was because Robert Rodriguez needed somebody to do that role from dusk till dawn, and Clooney was on hiatus that summer and he got the part.
That's why Clooney's career skyrocketed.
It was pure chance.
It had nothing to do with Noah Wiley getting married.
And I'll bet you Noah Wiley is just as happy as George Clooney today.
Clooney even said one time, you know, when he finally settled down, he goes, I've had all the fun any man deserves to have.
I am ready to settle down.
So it really depends on the individual.
And a lot of times people in Hollywood will get in relationships to have some kind of stability, you know, as crazy as that can be with unstable people.
But the career is so up and down.
So, you know, a lot of people get into relationships for that reason, just have something solid in their life.
And so I can't say, you know, as a rule, but it is challenging to get married.
Interesting.
Interesting.
I think throughout this conversation, I'm thinking of the basic premises of risk and reward and supply and demand.
So why that?
I mean, you talked about being in the financial services.
That's how you met Jen in the insurance business.
The whole premise of insurance is risk versus reward.
Same thing with investments.
You bring up the Trevor Bauer story, bring up the Johnny Depp story, the Amber Heard story, the risk versus reward.
Okay.
You're $100 million men.
Well, what's so funny?
Comment.
Okay.
You want to go to that?
I mean, Fox hired Caitlin Jenner.
Dogface says, now Fox has two tuckers.
That's a Bill Mar joke.
Is that a Bill Mar joke?
Is it okay?
That's awesome.
Well worth interrupting.
But the risk versus reward.
So what's the risk versus reward with Johnny Depp?
Well, the risk is that you're putting your whole career on the line for this crazy girl because what's the reward?
She's kind of hot and the sex is good.
Probably not worth the risk.
Trevor Bauer, you're putting your whole baseball career, $100 million contract on the line because this girl likes to get choked a little bit.
Probably not worth it.
In these instances, you probably are going to have to get something signed or a video like that.
Back to the law of supply and demand.
I mean, men and women age differently.
I think some of these men, I don't think it's like, well, 40, now it's time to get married.
I think it's like, look, as a man, it's you age a little more gracefully than women typically.
It takes to use Rolo Tomasi, what he says, you're laughing over here.
Women are, and men must become.
Sometimes it takes a few years longer for men to become great at what they are.
Okay.
Women, you could be 18, 21 years old.
You're just hot as shit.
Boom, you are hot.
That's it.
Right?
Amber Heard, why is she even in the same realm conversation as one of the greatest actors of her generation, Johnny Depp?
Because she's hot.
That's it.
Johnny had to do movie after movie after movie after audition.
How many auditions have you been to, Matt?
Thousands?
Thousands.
Thousands?
Then to be a kind of known actor?
Imagine the work these guys have had to go through.
So it's a different realm between a man and a woman.
So, for instance, when you see my guy, Tyler Hero, 21 years old, right?
Awesome little basketball player from the Miami Heat, just won six man of the year.
He meets a hot Instagram girl, knocks her up, he's having a baby with the girl.
Does that serve him well?
Is he more focused on the court now?
Or is his whole career based on a hot Instagram because you got a fat ass?
So it's.
Well, you're talking about tens of thousands of years of evolutionary biology colliding with current society and current norms, which constantly change and are constantly updated.
So these adjustments are going to take time.
We're living through a transition period right now, I think.
And I think that's what's really going on.
Anyways, we'll see what's going to happen there.
By the way, at the end of the day, do you think there's any chance that Johnny's going to play Jack Sparrow again?
None whatsoever.
Disney blew that.
No chance.
Sure.
Never.
You really blew it?
300 million he said no to.
No, Johnny, John, Johnny doesn't need the money.
He doesn't need to play that part again.
Disney screwed up in my life.
Wow.
Wow.
Are you in the same place as well?
I mean, the fact that it's owned by Disney, I think he's untouchable.
He's a family values type of company.
Disney's been doing great lately.
Of course, no controversy.
They've been crushing it, right?
The leadership team is on top of it.
Okay, let's talk about Buffett a little bit.
Let's see what Buffett's got to say and Charlie Munger.
Go a little business here before we get into some of these other stories.
So Buffett got a question from one of their shareholders.
Okay.
Buffett calls everyday coin flip when it comes down to nuclear weapons.
He had no answers, but plenty of caution about the threat and impact of nuclear weapons, saying that every day he's a living with flipping a coin.
The world is flipping a coin every day whether people who can literally destroy the planet as we know it all, as we know it, and will do it.
Buffett said to an audience at Berkshire Hathaway shareholders Saturday: Unfortunately, the majority prop, the major problem is that people who have large stocks of nuclear weapons and ICBMs, unfortunately, the major problem is the people that own it.
They talk about using tactical nuclear weapons.
If someone is willing to kill hundreds of thousands of people with tactical nuclear weapons, why would they stop there?
He added.
It's a very, very dangerous world.
It's a very, very dangerous world.
The question submitted by the shareholder asked about the impact of nuclear weapons on Berkshire's operations and outlook.
The company maintains a number of insurance operations and a nuclear attack would severely impact the company's operations as a result.
Do you think we're closer?
Maybe let me ask the question this way.
When's the last time we had a nuclear?
What was the timeline when Truman dropped the Hiroshima?
Yeah, what's the exact date?
What's the exact date?
I'm curious.
It's November 45.
Is it?
I'm thinking it's when did Strap?
Do you see the date?
Here's a question for you.
Are we more likely August 6th and August 9th?
Which is what?
That's about 80 years, 77 years, right?
Are we closer to that nuclear bomb being dropped, or is it going to happen in the next 77 years?
Meaning, do you know what I'm asking?
Is it going to be like, yeah, probably in the next 67 years, someone's going to drop a nuclear bomb?
Do you see that happening anytime soon?
Here?
Anybody.
I wouldn't be surprised if Russia used tactical nukes.
What do you think is the timeline on that?
On something like that happened?
Because you saw, if you want to pull up Putin's article when it comes down to nuclear and what he said about the Western, you know, declaring war against Ukraine and Western.
Let me see if we have that story here.
Yeah, there it goes.
So page three.
And of course, we're going to have somebody next week, Peter Pride, that we're going to get into that a little bit deeper because that's a specialty.
But Putin says to officially declare war on Ukraine, Western officials say the declaration is expected to be made on May 9th when Russia marks a victory day over the Nazi Germany in 1940.
And then he's talking about nuclear.
So let me see.
Go to the article about nuclear.
He said something about using nuclear.
If necessary, they would use it.
So do you think it's that scary?
Like, do you wake up yourself every day worried about a nuclear war?
No, I'll tell you, I think clearly what we should be worried about at this point is cyber warfare and biowarfare.
That's what's pervasive and that's going on in the atmosphere today.
I mean, look, it's not even close.
Russia and U.S., by far and away, have the most nuclear weapons in the world.
It's not even close.
How many thousands does Russia have and how many thousands does the U.S. have?
And then the next is like China and France with a couple hundred.
It's not even close.
What was you asked, are we closer to nuclear war 77 years ago or in 77 years from now?
Clearly in the past.
I mean, all our parents, for the most part, that grew up in the 50s and 60s, they used to have to do fire drills under their desks in case there was a nuclear war during the Cold War with Russia.
It almost was.
Correct.
That's why it almost was.
We're this close.
With Cuba, Cuba missile prices, all that.
So a lot of it is nuclear, nuclear.
I feel that's almost like ingrained in us.
Like, holy shit, holy shit.
But that isn't the biggest concern, at least as an American.
I mean, this puts another spin onto this topic.
If you're in Europe, you know, to bring up the whole NATO topic, why do you think the Swedens of the world or the Norways of the world of these types of countries are actually thinking, holy shit, like, you know, why is the Ukraine thing happening?
Because you are that close to Russia.
They are on your doorstep.
U.S., this is one of the beautiful things about being in the United States being the greatest country in the world.
We don't have to worry about Canada attacking us.
We don't have to worry about Mexico attacking us.
Maybe a caravan of migrants coming into the country.
But we don't have to worry about Russia and Putin on your doorstep or even a North Korea, you know, on your southeast border getting crazy.
So this is the luxury of being the United States of America.
So as far as nuclear warfare being in America being a major concern, that's not a major concern of mine.
So I think there's two scenarios where we have a nuclear bomb go off.
One is countries get nukes to build a wall of deterrence, right?
You have a nuke, no one's going to attack you because you have a nuke.
It's not too much.
The best offense is a strong insurance.
Right.
It's a great insurance policy.
So in one scenario, some loose fish style material, whatever it is, gets in the hands of a terrorist and they plant a dirty bomb somewhere.
That could happen.
I don't think that's beyond the realm of possibility in our lifetime.
To the extent of the damage, who knows?
We underestimate terrorists all the time, however.
The other one is if Putin gets back into a corner.
I wouldn't put it past this guy.
If he thinks his life is over or his power is done, to go out with a bang.
I don't think it's beyond his ability or his rationale.
Do you agree?
Well, to Matt's point, people always love to talk out of both sides of their mouth, right?
They say Vladimir's Putin, he's crazy.
He's got cancer.
He's losing his mind.
He's an evil warmonger.
And at the same time, they say, no, he'll never use nuclear weapons.
It's not an option.
Won't happen.
Impossible.
And let's not forget that they have the ability of using tactical nukes, not massive mother-of-all bombs, 5,500-ton nuclear weapons.
They can use tactical nukes.
And I think we're going to send over $33 billion in military aid to Ukraine, right?
And you can see what we've provided already, right?
We provided 5,500 javelin missiles, which is one-third of our stockpile.
If we continue to provide the Ukrainians with weapon system after weapon system after weapon system and intelligence, to the match point, you think he won't be back into a corner and say, all right, I'm done with this.
No more.
You've pushed me to the brink.
And he'll use, I do not think in any manner are tactical nukes out of the question.
On the homeland, I doubt it, right?
Like we would rain hellfire.
We would, it's mutually assured destruction.
But to use it on Ukraine, no, I don't think that's out of the question in any realm at all.
I don't think it's out of the question for him to launch one at us on his way down either.
Honestly, I mean, people say, oh, no, no, he would never do that.
He's not suicidal.
What if he's about to die, you know, or if he's about to be dethroned or about to be assassinated, right?
Do we have, are his, are the people who work at the Russian nuclear silos loyalists, or are they scared for their life too?
That's what it comes down to.
If I'm an intelligence officer in the United States, I am trying to infiltrate the people who work at the damn silos and say, if Vlad launches, don't press the button.
You know what I mean?
Whatever you want, a billion dollars come to the state, don't press that damn button.
That's how it looks to me.
That brings up the, what was the situation with the general who called China on Trump's last year?
Mark Mille.
Yeah, yeah, yeah.
General Milley, right?
Right.
He got a lot of praise, but he also got a lot of heat for undermining Trump.
The people in the Trump camp said, how dare you undermine the president of the United States and call our enemy China and assure them of the big difference?
What's the difference?
That's a traitor.
Trump wasn't trying to nuke anybody.
This guy is at a place where, yeah, Millie's a traitor.
There's no question.
It depends on your perspective.
Some people call him a hero.
Some people do.
But any, of course, of course, Democrats would call him heroes.
1 million percent Democrats would call him heroes to do something like that.
And Lincoln Project folks would call him heroes.
But that's not a hero, okay?
That's not a hero.
It's called have a crucial conversation with the guy and get the right people in the room to have that meeting with them.
Now, that's a different story.
In this situation, this happened.
The problem with the following situation is this.
In America, Americans call him hero, okay?
Americans are calling this Millie situation through in there as a hero.
That's problematic.
In Russia, you know what they would call somebody that went against Putin?
In Russia, we would call that guy a hero, but Russians are not going to call that.
I don't know if you understand what I'm saying to you.
What I'm saying to you is their loyalty is to their country.
Americans' loyalty is not to their country.
It's more to their political party.
That's the biggest shit show we're dealing with in America.
They're more committed to their political party than that red, white, and blue flag.
And that's a problem.
But going back to a guy like this, I don't know if I disagree with Matt, by the way.
And a part of it is the following.
Here's a part of it.
Is this a real story?
Yeah, this is a real story.
Put him to undergo cancer surgery?
Yeah, that's a real story.
Putin has cancer?
Yes, sir.
Is this actual facts?
This is the first time I'm hearing this.
No, no, this is a folk.
We've known he's been sick, but I don't think we quite knew exactly.
Yeah, Russian.
If you want to read the article, go back to the top so I can read it.
So make it a little bit, zoom in a little bit more.
Russian president Vladimir Putin is about to undergo surgery, cancer surgery, and temporarily hand over power to Hardline, former federal police chief.
According to a new report, Putin will transfer control of Russian government to Nikolai Patrushev, head of Russian Federal Police Security Council, while he is incapacitated during and after the procedure, according to a video from the mysterious Telegram channel General SVR on Saturday, the channel, which is purportedly run by a former Russian Foreign Intelligence Service Lieutenant General known by the pseudonym Viktor Mikhailovich,
reported that Putin has been told by doctors that he must go on operation.
Now, who knows what's going on here as well?
You don't know what's going on.
This is big news.
What kind of cancer?
Does the article go on and say what type of cancer?
I think it's thyroid.
Thyroid cancer?
Ooh, that's not good.
I think that's why he's been putting on weight the past couple years.
And let me do some more research into it.
I'll get back to you.
Yeah, but the reality of it is the following.
If you push the guy in a corner, he's not a guy that's not going to do anything.
No.
The only thing, the only saving grace is the following.
He's got kids, but he would get his kids to live somewhere else unless there's retaliation.
And he loves his country.
He truly loves Russia.
And he knows if he did anything to America, he's going to destroy so many of his own people.
And he has to privately by himself say, are you okay with that?
Do we know he loves his country, though?
I know.
He sent his soldiers to be slaughtered in Ukraine.
Like massive numbers.
Does he love his most loyal to this country?
You can argue.
But you can say the same thing about every, you know, does Truman really love his country when he did that?
You could ask the question.
But I think so.
That to me goes to, he loves the ideas of what Russia meant to him way before what it is today.
He loved that.
His loyalty is to that.
Like, to him, it was an insult saying, who are you to think Ukraine's not part of Russia?
I'm sorry.
You are Russia.
Like, his ideas is the OG ideas of back in the days, not the new progressive ideas that, you know, some folks think that Russia have.
I think that's where he's going to go and say, you know, whoever he admires, like, everybody has somebody they admire that's dead, right?
Think about who you're going to say, like, who you wanted to make proud, right?
Is his going to be a Stalin or a Lenin or a father or somebody that he worked under KGB?
I don't know.
But he's going to say, I'm going to meet that person one day.
Is that the, would my loyalty go to someone like that?
I don't know.
So the only saving grace I have is that when he gets to that point, he's not going to want to do it because it's going to backfire in ways that it's going to get very, very ugly.
It ain't going to be just from America.
I think he would say something like, Russia, I love you.
We all have to die together.
You think that's the angle he would take?
Because I love you so much, I must destroy the planet.
I think it might have been Oliver Stone who was here.
I saw that episode.
That was really interesting.
I'm not sure if you've ever worked with Oliver Stone or been in the movie.
I know a little bit about that.
I'm sure you do.
And I remember I said, who does he want to emulate?
Who are his heroes?
Is it Stalin?
Is it Lenin?
He goes, no, Older than that.
Mother Russia.
I think he said Peter the Great.
And this is what year were Peter the Great.
I mean, this is czarist Russia in the 1600s.
So when we talk about what his, I do think he loves his country.
I don't think there's any doubt he loves Russia.
But when we think of Russia and the Russia that he loves, it's not Soviet communist Red Russia of the 1930s.
It's the 1630s, 1730s, whatever you're, what year was Peter the Great?
Okay, early 1700s.
That is the greatness that Putin wants to create.
That's the first thing I said.
Peter the Great was 6'8 ⁇ .
Wow.
Damn.
Seriously.
that is the uh the russia that i think putin wants to make great again and he sees what's happening you know with the encroachment of yeah How evil do you think he is?
Did you say evil or mid-evil?
He's not mid-evil.
I mean, I know.
I know, no, I get that.
But how evil you think he is?
You think he's an evil guy?
Yeah, I do.
But I also think there are a lot of people who we look up to who anyone from the other side of the river would say, oh, that's an evil bastard, too.
I think he's evil.
and understand why people don't but i there's a there's a a quote that i when you murder people yeah Yeah.
Well, there's a quote that I saw it on the Lex Friedman podcast.
I don't remember the name.
But the guy said, listen, some great men are not necessarily good men.
And there's no doubt that he is a cunning political figure to stay at the top of Russian politics for the better half of two decades and then some when you could easily just have a drink of a cocktail and end up dead.
He's got to be.
Don't undermine, I'm not saying you, but don't undermine how savvy of a political figure this man is.
Yeah.
I don't think anyone make that mistake.
Exactly.
He got Brexit through from his couch.
The cancer thing is concerning, though.
I had no idea about that.
I think that's a story that we're going to need to keep our eyes on.
There's a part of it where, let's just say if you have something where you know you're going to die, you make decisions in a different way because urgency is at the top.
So there is a part of it where if that is the case, now what that decision-making process is going to be, nobody knows.
But if a guy like that is driven by I'm going to get even with you or revenge, I think he's going to spend the last few years or a few months or whatever he's got doing some kind of a retaliation.
Is that going to be nuclear?
Is that going to be cyber?
I don't know.
Their ability to do cyber attack is apparently better than anybody else in the world.
So if they wanted to really make our life a living hell and confuse the shit out of everybody, mess with elections, mess with this, mess with that, they can definitely do that.
But we'll see what's going to happen.
I don't know if he's going to do nuclear, but one of us is going to be right.
The challenge is if they do nuclear, we may never be able to tell the other guy you're right.
That's the problem.
Exactly.
We may not have that.
He's going to be or he won't be.
He won't be.
He won't be able to protect.
Because he could put people during global nuclear warfare.
I mean, right?
There's no safe island somewhere where you're not going to get fallout.
I don't know.
I don't know.
Okay.
Next story.
Fun conversation.
Yes.
Let's talk about this guy named Joe Biden.
Okay.
Let's talk about what he's got going on.
Okay.
So Joe Biden proposes largest tax increase since LBJ, political insider.
Biden's 2023 fiscal budget reposes that all the bad ideas that Congress won't pass and as a new twist, the coveted liberal wealth tax, Biden's wish list calls for increasing the top marginal tax rate to 39.6 from 37.
It would also nearly double on capital gains to 39.6 for people earning over a million dollars.
This would be the highest tax rate on investment gains since 1920s.
This tax, unrealized gains, which are not taxed until assets are converted to income liquid, since liquid assets make up less than 20% of the wealth.
Investors will have to incentivize to hold liquid assets such as real estate to avoid liquidating stocks to pay taxes rather than sell stocks to diversify to reinvest.
Investors will be forced to sell stocks to pay taxes on realized capital gains.
Do you think there is a chance that any of this stuff's going to pass through?
Or do you think a guy named Joe Manchin is going to say, listen, have I not already made it clear?
I'm not supporting a massive tax increase.
What do you think is going to happen here?
I think you're right.
I don't think anything is going to really get passed.
Maybe a baby step, maybe a part of that proposal gets through that everyone can agree upon as a reasonable tax.
But at least we're talking about politics now, what we should be talking about, tax rates.
What is a fair tax rate?
What is an unfair tax rate?
What is an unfair loophole for the wealthy?
What is a bad policy?
You always talk about Democrats having terrible fiscal policy.
What are the good policies?
Where do you draw the line when you talk about taxes being a punishment or a reward for being a member of a society where you can become wealthy?
What is that line?
And that's what the debate is.
And it shifts depending on the economic state of the country, doesn't it?
Let me ask you.
So how hard do you think it is to start a business and make it succeed?
How hard do you think it is?
I know how hard it is.
Okay, how hard do you think it is?
It's really hard.
So unpack that.
Like, how hard is it really hard?
Like, what does a lifetime of commitment?
Does it affect your personal life?
In every way.
Do you miss some birthdays?
Do you miss practices?
Do you miss dinners?
Do you miss how many people are willing to go through that?
Okay.
So now let's go another side.
What else, a job or occupation is harder than being a business owner that requires a lot of risk and requires you having to do work that you're not going to get paid maybe any money for a while.
What's harder job than that?
Professional athlete.
I think professional athletes.
That's just random.
But I think that's a game, though.
I think that's genetics.
A part of it is genetics.
A part of it is I can't jump 46 inches, right?
So I think that is the luck of the draw.
Like Shannon Sharp says, listen, man, I understand.
I was born like this.
There's nothing you can do to be as athletic as I am, right?
You seen Shannon Sharp?
Guy's a monster, right?
What do you think is as hard as that?
I struggle to answer that question because I think every endeavor is a business, right?
Unless you're an artist, but you're still trying to sell your art.
You still got to eat.
Yeah, but the risk of starting a business, putting all your money in it, it is so challenging.
So Hollywood, let's go to Hollywood.
It is so hard to make it in Hollywood.
How hard is it?
It's easier to get struck by lightning twice in your life than to be a successful working man.
Okay, so look what you just said, right?
So by the way, I'm not okay.
Really?
So, yeah.
So let me ask you a question.
You think Steph Curry, you know, do we have a Stephan Curry without a Del Curry?
No.
No, we don't have a Stephan Curry without Del Curry.
Do we have a Peyton Manning or Eli Manning without Archie Manning?
No.
Do we have a Tiger Woods without his father?
No.
Do we have the Williams Sisters without the father?
King King King?
Richard?
No, we don't have it, right?
Okay.
So that's luck of the draw, right?
Who your father is.
There's a lot of incentive and benefits that you have with that.
But some of these guys that work their asses off to get there, man, if a guy gets paid a lot of money and he had to do a lot of sacrifice and work to get there, I support that cause for him to make that money.
You have to create incentive for whatever is very, very hard, or else people are just not going to do it.
That's the basic premise for me with taxes, right?
I get that.
Whatever's very hard, I want to create that incentive bigger for you.
So now, as a government, when it comes down to taxes, so you're a parent, you have kids.
You're a parent, you have two kittens.
I'm a parent, I have four kids, right?
As a parent who has kids, you know, you, as a parent, sit there and say, that guy took that pressure off my plate.
Wow, pretty impressive.
So how can free market individuals take pressure off the government?
What can we do to take pressure off the government to go have to solve certain people's problems so they don't have to do it?
Free market, free enterprise does it.
How can free enterprise help the government's job get easier?
Make your life easier by charging you less taxes.
Okay, so let me go a little bit deeper than that.
I think the way the government, we help the government is instead of that individual that wasn't going to have a job and you were going to have to help him with health care, you were going to help him with a benefit.
You were going to have to bail him out.
I create a business.
I hire him.
I get him a job.
I give him good health insurance.
I give him good travel, vacation, all this.
I give him a good environment that he's going to develop and work and do good things for himself.
I just took a liability away from the government having to fix that.
So essentially, we're now partners in this endeavor, but you took zero risk in that relationship.
I took the risk.
So I helped you.
I, as the institution, say the government sits there and says, you, you did that for 88 people.
Here's an incentive.
Thank you for doing that.
You did that and created 10,000 jobs.
You did that.
I don't have to do that.
Thank you.
Thank you for doing this, right?
That's the incentive for me.
Anybody that's willing to do that, my hat's off to you because you made the government's job easier.
But we don't explain it that way.
That's what I was just going to say.
You guys don't have a good spokesman for this.
No, we do not.
You're right.
And you haven't since the 80s.
You're totally right.
I sit there and I listen to some of this.
I'm like, how can you not explain this argument in a better way?
So for me, then somebody sits there like, hey, that guy got this much money.
Oh, really?
Yeah.
Do you have a problem with that?
I don't have a problem with that.
Guy worked.
Why don't you go do it if it's so easy?
He busted his ass.
Okay.
Hey, this guy inherited this much money.
Okay, sure.
I can understand that.
We can talk about that.
But at the end of the day, that guy's parents worked to give that guy the money.
What typically happens when inheritance comes to a guy that never earned it?
We know what happens.
We've read the stories.
We know the stories.
I had a guy on my podcast three years ago, and he was working with the Franklin Templeton family, worth $5 billion.
And there were 16 kids.
And he says they came to me and it's an open story.
People know about it.
So it's not like he told me about this on the interview because people knew about the story.
He said, the leader at the top who made the money, the one that did the work, he gave everybody money.
And he made everybody's life so easy.
So he made my job so hard because this guy's job is to work with wealthy families' kids to get them to know.
He says the same thing that you see happen to everybody, drugs, alcohol, all this stuff.
Okay, that's a completely different conversation.
But 83% of millionaires in America are self-made.
So we can't say, well, that's what the rich kids.
No, it's not true.
83% of millionaires are self-made and around 60-some percent of billionaires are self-made.
Okay.
That not self-made as in didn't get any other help to help them out.
It's just the money didn't come from parents to them.
So I think the tax program, you have to think for yourself, what do we want to do?
How do we want to incentivize?
This leads to inflation.
When people ask the question, they say, how did inflation happen?
Okay.
How did inflation happen?
Yesterday, Dinkin sends me a picture saying, hey, should I call you Nostradamus or whatever?
Because, and shout out to Dinkin, by the way.
He sends me this picture and he says gas prices in Nevada.
Okay.
Did you see that picture or no?
Did you see what the numbers were?
Tyler, I'm going to try to send this to you.
Which Mac you want me to send it to?
VT MacBook Pro?
Okay.
So see if you have it to show this.
Okay.
Tell me if it's coming to you or no.
It should come right now.
You got it?
Take a look at this.
Okay.
This is gas prices in Nevada.
Zoom in a little bit more.
Okay.
This is two days ago.
$8.25 for rate price.
$825, $8.49, $873, $890.
Okay.
So do you know when I watch this, what I say?
It's okay.
I'm not affected by it.
Me.
But you know when I look at this, what I say, who the hell can afford to pay $8.25?
Hey, son, can you come visit me?
I haven't seen you for two weeks.
Mom, you're 18 miles away.
It's going to cost me $22 to come visit you.
I can't do that, mom.
What do you mean you can't come?
You don't love your mom.
Mom, I love you.
I just can't come pay you $22 on gas to come over there, right?
So inflation is a byproduct of what?
Corporate greed.
Cryptic money.
Supply and demand, the ebbs and flows of the economy and potential economic policy.
So go to the first one.
Inflation as a byproduct, corporate greed.
Unpack that.
These gas companies don't have to charge this much.
Okay.
So these.
But they're doing it because they can.
Now, maybe there's supply chain issues.
Maybe that, you know, they're going to be able to do that.
So then let me ask you this question.
But I don't think so.
Let me ask you this question.
How come they didn't do this two years ago?
How come they didn't do this three years ago?
If you're saying to me, if that's the argument where the argument is they did it because they can't.
Two years ago, no one was driving, so they couldn't do it then.
Go three years ago.
How come they didn't do it three years ago?
How come they didn't do it four years ago?
How come they didn't do it five years ago?
I don't know.
But meaning, so then.
Why do they choose to do it now?
But that's not the argument.
And the argument becomes, if the reason why this is it, because of corporate greed, well, maybe they could have done this three years ago, but they didn't.
How come they didn't do it then?
So maybe that's not number one.
Do I think it's on the list?
think for sure it's on the list i'm not i'm not saying number one yet i think it's on the list okay So, okay, let's go to another one.
I had Andrew Yank sitting right here three weeks ago, right?
And we talked about UBI, right?
Universal basic income.
When he first proposed it, you're like, okay, Elon Musk is saying.
AI is coming.
What you have to worry about is AI.
And then that one interview with Jack Ma, where Jack Ma's like, I think the human brain is more this.
And Elon's like, yeah, that's where you're wrong.
And we disagree.
I don't know if you remember that interview.
Yeah, it was powerful.
It's very awkward between the two and Elon's like, what are you talking about here, right?
Okay.
Jack Ma was not picking up on Elon's joke.
No, relax.
That's a joke, guys.
Yeah.
So Elon's saying that.
So, you know, this guy comes out, Andrew, and you're like, well, we're going to pay $1,000 a month.
And this is what Milton Friedman announced.
And I'm like, Milton Friedman would say something like this?
Dude, that's crazy.
Say, let me go do some due diligence.
No, no, no.
Milton Friedman never said just give up money.
Milton Friedman had a negative income tax, which means if you're making, you know, if the whatever income is 40 grand, the average income is 40 grand, if you bust your tail and you make 30, we'll work to help you out because you earned it.
We'll give you a little bit less of a tax, a little bit bigger of a tax cut.
So you have to do that.
I think the reality is the best thing they can do with taxes, anybody making less than 40 grand, just don't tax people less than 40 grand.
Just keep it a little bit easier for them to get rid of that plan.
If a Republican comes forward with that platform, you can't beat them.
Why don't the Democrats do that?
But okay, I agree with you.
But the part with inflation now, UBI, UBI didn't work.
We just tested it.
It didn't work.
You mean the PPP program?
The PPP program is.
So that was a big, big, leaky bucket.
To who?
Corporate.
Yeah, of course.
So, I mean, fraudsters.
There's all these tranches of money.
There's all these tranches of money that got injected into the economy.
Stock market got a couple of hits.
The corporations all got their PPP.
And then the people got their extended state unemployment, right?
So which of those three is really the poorest policy?
Was it the extended unemployment?
You could argue that it was because a lot of people were motivated not to work.
I know several who were making more on the unemployment during COVID than they were ever making at their jobs.
So that's an argument I could engage with.
But I don't think it was just giving out a couple checks of $2,500.
Most of that money went to food and gas, right?
I don't think people hoarded it and are sitting on it today causing this inflation.
I don't think they did that.
I think that money went back to large corporations.
Sure.
Because what people don't realize is the spending habits didn't change.
I can give money to a person.
Like, you know how every time I got somebody that's on the corner that's asking me, begging me for money, you know what I always do?
I said, here, let's go to a restaurant.
You're hungry out there.
No, no, I'm good, man.
Oh, okay.
I got it.
Yeah.
So, hey, let's go to a restaurant.
I got you.
What would you like?
And by the way, some of them that say, yes, I was with T.C.O.N.D.O., you remember when we did this in Dallas?
You brought a homeless guy.
I brought a homeless guy in my car.
I take him.
I said, whatever you want.
I said, who else is up there?
Get them stuff.
The double this.
I said, get all of them.
We brought him.
I get everybody full.
Cool, no problem.
But what happens if you give drug addict money?
Right.
What does he do?
What happens if you buy an alcoholic money?
He goes and buys more alcohol, right?
What happen if you buy somebody who has no understanding of finances, you give him money.
What does he do?
What does she do?
They spend it.
The money rolls up to the company that has the product that you're spending money with, right?
So we realize a UBI format does not work and it's not the long-term solution until hardcore AI comes in, which that's not the case.
How do I know that?
Report just comes out from Bloomberg, okay?
And this is what Bloomberg tells us about what just happened with the number of jobs.
Okay, page three.
So Bloomberg says U.S. job openings rose unexpectedly.
Job openings, folks.
Can you pull up this article so people can see it?
To record 11.5 million people, 11.5 million jobs.
Let me read this one more time.
U.S. job openings rose unexpectedly to a record 11.5 million jobs.
There's 11.5 million jobs in America right now.
U.S. employers saw record levels of job openings and workers quitting in March, pointing to intensifying labor market tightness that will keep pushing wages higher at a rapid clip.
The number of available positions increased to 11.5 million in a month from 11.3 million in February.
Meantime, a series of high 4.5 million Americans quit their jobs in March.
There were 1.9 jobs for every unemployed worker in March up from February.
Is there data describing which kinds of jobs became available?
Like, is it hot girl summer now?
The kids are just quitting their side hustle at McDonald's or is it people of all ages leaving the world?
But here's an important decision.
But I will tell you this, Matt.
When my first business didn't happen and I went into that $49,000, you know what I was looking for?
Any freaking job.
So I used to be the top salesperson at Bally's.
Bally's hired me back.
But you know what position they gave me?
You know what position they gave me?
No.
4 a.m. gym.
I opened up the gym from 4 a.m. to 12.
Can you tell me how many times you've bought a gym membership from 4 a.m. to 12 o'clock?
You were a sales rep?
I was a sales rep from 4 a.m. to 12.
I used to sell gym memberships.
How many people come to the gym from 4 to 12 to buy a gym membership?
A lunch breaker afterwards.
That's what it is.
So nobody buys it.
So it was a way of Robbie to say, here's what we're doing to you.
And I laughed at him.
I'm like, I know what you're doing, but shit, I'll take that little $6 an hour job that you're giving me, right?
What's the point?
I just needed a job.
I just need to make some money, right?
So for me, as much as people complain about, hey, there's no jobs out there, there's plenty of jobs out there.
If there's 11.9 million jobs, if you're really qualified and you bring a lot of value to the table, the job's out there.
So going back to inflation, a byproduct of, we know, putting money into the market.
Oh, $2.1 trillion stimulus.
Okay, really?
Only $300 billion went to people.
$2.1 trillion.
What happened to the other $1.8 billion?
What did you guys do with that?
Oh, okay, got it.
So you're doing more of this bailout type of stuff?
Okay.
So you're doing bailout for the bigger companies who are lobbyists, who are helping you with your campaigns and all this stuff.
So those are the guys you're taking care of.
Makes sense.
That's not capitalism, folks.
That's monopoly.
There's no such thing there that calls for capitalism.
If a company screws up and the two big to fail companies are about to go out of business, you know what happens?
You let somebody else buy them that's better at operating their own finances, just like you let Chase buy WAMU because WAMU screwed up.
That's what should have happened with a lot of these too big to fail companies because they're not going to fail.
You know when they say too big to fail?
What do you mean too big to fail?
Oh, we can't let them fail.
Okay, but what were they worth at their peak?
$100 billion.
We can't let these guys fail.
So what are you saying, though?
Are you saying today if somebody were to buy them, they're worth $10 billion, but they're not worth $10 billion.
They used to be worth $100 billion.
I don't care.
What is it worth today?
Well, today they'd be $8 billion.
Well, let somebody buy them at $8 billion.
It's their screw-up.
That's the mistake they made, right?
But too big to fail is a bailout due to lobbyists coming in and saying, if you do this for me, I do this for you.
I had Paul Manafort.
You know, I called him out on the lobbyist.
You still spell his cologne.
Yeah, I said this lobbyist, I said, it's the biggest spinners in America.
I said, so what do you want to do?
You know, teachers union, these guys, all these guys?
All these guys have some kind of.
So inflation, you sit there and you look at it, like all these policies that you thought were going to favor people and were going to help the people you were really helping out.
Those are the people you actually hurt.
That's the problem with bad policy.
And again, this is not described in any way from either side of the political fence.
I kind of of the opinion that it's two wings of the same bird lately.
And, you know, the arguments you're making sound actually very liberal, you know, but I know that's not where you stand on the political sense, especially financially.
But neither party is engaging in this manner, this level of truth.
Like, these policies help us hurt you.
Sorry.
You know, and both sides don't have a solution that fixes that that I've seen.
Yeah, I think my policies are simple.
Incentivize the person that takes the biggest risk to start a business, the small business owner.
Take care of that guy because that guy's not taking the money and he's taking the money and reinvesting to the company.
Number two, the guys that are coming up to start their own careers, let them keep as much of the money as they can.
Forget about minimum wage.
Get rid of minimum wage, but get rid of taxes for anybody making less than 40 grand a year.
If right now they announced which one you have a choice to, we eliminate minimum wage or anybody making less than $50,000, you pay zero taxes.
What do you think people choose?
I think the latter.
I think so too.
So then the argument isn't minimum wage.
Right.
Wait.
But here's the kicker, though.
You'd be amazed how many people would actually say, no, we got to keep minimum wage because companies were bullied.
No, go increase your market value, make 50K.
It's as if you're making 100K because you ain't paying any taxes.
So you get to keep 100% of it, right?
So the onus is also on the individual to go get one of these 11.9 million jobs.
And the company says, shit, this is great.
I'll do this, no problem, right?
Then on the other side with the policies that they're coming out with, dude, stop it.
You're playing games with people, like all these things that you're spinning everything.
You know, the numbers came out.
I'll read this and I'll, Adam, I'll turn it over to you.
I'll give you a question for you.
Yeah, go for it.
Before I get into it, I want to talk about the interest rates.
What happened to it?
Yeah, maybe before we get into that, let me just ask you this question because the conversation we had yesterday with Tyler, we were talking about the Bronx tale and the famous line with Chas Paul Monteri.
He says, C says, you know, the working man's a sucker.
The working man's a sucker.
You know, and Mickey Mantle ain't putting food on your table.
No, Robert De Niro says, no, the hero is the working man.
The hero is the guy that, the working man's the guys that gets up and does the tough labor and does the tough job and shows up to work and eats shit and puts food on the table.
That's the real hero.
So you as being a former worker, Bally's 4 a.m. shift, that's the working man to being a business owner.
Explain that.
Maybe unpack that from your perspective as a business owner.
You could be both.
Meaning like Matt said, they don't do a good job basically explaining all the risk that the business owner has to basically take on to be that person.
Sitting there.
They're calling them job creators.
Yeah.
Yeah, like billionaires and the millionaire class are villainized in this country because they're so wealthy.
But the way that you put it is like, yeah, well, do you want to go create 10,000 jobs?
Have at it.
That's less work that you have to do.
This reminds me of the video of that, I don't want to, a trans-looking guy who was like, I don't have a job.
How does it feel that you guys are the ones that are paying my bills?
I don't have to work.
You guys are the suckers.
So overall, this is just an overarching question of the working man, the unemployed man, the leech, the welfare queen, the incentivizing the job creators.
I think that one of the things that I've learned just sitting next to you, being the job creator, being the entrepreneur is, yes, we do need to incentivize the people who are creating the jobs.
Yes, the working man is the hero, but the only way that they are able to be the hero is because the job creator created the job.
Here's the thing.
Let me ask you a question.
What do I do without the Tyler?
He's choosing to do this job.
He does a good job, right?
So Tyler gets a title.
Did you get a raise?
Yes, sir.
Yeah.
Thank you very much.
I was actually pretty jumping about it.
But by the way, 50,000 tax brackets.
By the way, he earned it.
It's not like I did him a favor.
He earned it.
He worked his ass off and he brought, okay, great.
So we're having.
He's a working man.
Yeah.
So somebody comes in and says, okay, you know, we had this meeting last two days.
What did you say?
The best we've ever had.
We've never been, the team's never been this good.
Your words.
Yes.
Correct.
Correct.
Yes, sir.
So what happened?
It's the attitudes on how we're working together, right?
There's no way you can build a big company and abuse employees.
It doesn't work.
Eventually, some happen.
Eventually, someone's going to say, hey, what the hell are you doing?
And either somebody goes elsewhere or you fire them.
Or they form a union, like in the case of Amazon.
Or they form a union, like the case of Amazon.
It was Alabama.
I don't know where they started off with and going through that.
But you're right.
But to go to that, we have to question every policy and ask, who is this really hurting?
That's what we have to ask.
Who is this really hurting?
We have to mix it up a little bit, man.
The angle we're taking right now is not the best angle we're taking.
We're sitting, we're thinking like the other day.
So give you a crazy story.
I shared this with you yesterday.
I come home, Tico and Senna get into a big fight, okay?
And Tico's 10 years old, she's five years old.
And he gave her one, okay?
Pretty solid.
So he doesn't want to sit down and talk to me.
He's upstairs.
So finally, he comes downstairs.
He knows he has a conversation with me.
I said, so what happened?
He said, well, some people are just sometimes annoying.
And, you know, this is what happened.
I just, I said, so let me ask you, you don't think you're annoying to others?
You don't think I'm annoying to you?
You don't think mom's annoying sometimes?
You don't think nannies, you don't think papa's, we're all annoying sometimes.
So what do we do every time somebody's annoying?
He says, but you're not annoying to me.
I said, I'm not annoyed.
He says, no, you're not annoyed.
So how about mommy?
No, mommy's not annoyed.
Fine.
He said, somebody was annoying.
I'm like, okay, fine.
So he's not like the essential.
So I said, okay.
So let me ask you: one day you're married, you got kids.
Your 10-year-old son does the same thing you did to Senna.
What would you do to your son?
He thinks for like 15 minutes.
Like, he's thinking he's a thinker guy.
And he comes back.
He says, I don't know what I would do.
I said, okay.
Do you think he deserves punishment?
Yes.
I said, what kind of punishment do you think he deserves?
He thinks for five minutes.
He's a very smart guy.
He says, I don't know.
I said, well, listen, I'm going to give you the opportunity to choose your punishment because for me, mine may be worse than yours.
So how about you choose your own punishment?
So he's like, this is tricky here.
So then he says, I think one year of not picking movies and three months of no iPad.
He went to like here.
Like he didn't play wrong.
He gave him, I wasn't going to go here.
I thought he did something wrong.
So then I'm like, I'm like, okay.
Sounds good.
Then he negotiated.
Yeah.
So then he says, you know what?
I'm just going to go to sleep.
I said, okay, go.
He says, okay.
No, I don't want to go.
I said, dude, what do you want to do?
He says, what's my punishment?
I said, let me think about it.
He says, no, I want to know tonight.
I said, okay.
So I think for five minutes and I said, if I punish this guy, I'm just showing him that there is no such thing as forgiveness.
So then that means he's not learning to forgive his sister and his brother.
So what am I really teaching this guy?
Okay.
I'm going to change it up tonight.
So I said, Tico, my dad's sitting there, Dylan Sinder.
Dylan's like, what's going to be his punishment, right?
So I said, Tico, I'm going to confuse you today with punishment.
He says, what's that?
I said, I'm not punishing you for anything.
You can watch iPad.
You can watch your TV and all that stuff.
He says, wait, what?
I said, yeah.
He says, why are you doing this?
I said, because I'm hoping that you take this as a value to strengthen our relationship, to know how much I love you, and I want to establish trust with you.
And I want you to also forgive your siblings when they screw up.
Is that a deal?
He said, yes.
I said, let's shake on it.
He shakes on.
So you committed to this?
I'm committed to this.
I said, game.
So I come home yesterday.
It's late.
I'm going to shoot that video in my office.
They show up.
I'm like, Dylan, how was Tico today?
Great.
Tico, how are you today?
Great, daddy.
Awesome.
I don't know if it's going to work or not.
And if they're going to get to a punching, you know, fight a week or two.
It's probably going to do it anyways, right?
But I think the approach we take to punish every rich or every this or every that, I think we have to change our approach because we're not understanding that person's story.
You know, first time Jennifer had a baby with Tico, I sat there.
I'm like, what was this all?
I could never do this.
Salute to mothers out there, right?
Because now I see the pain of what mothers see their kid in a different way than a father does, right?
It's a different kind of an experience.
I think to sit there and just judge everybody and say, well, these guys are rich and that guys are doing, these guys are this, and that guy's lazy and this guy's, I think it's caused us to have a lot of big problems.
And we need to reshift how we view these guys.
We have to recalibrate who the real hero is so the kids know who to look up to when they grow up.
And then from there, let the market decide what they're going to be doing.
But I don't think the approach we're taking right now is working.
Gas prices right now, 840 in Nevada.
That thing's going to go to 10 bucks.
It's going to go to 15 bucks.
It's just going to hurt the low, middle income.
The interest rates, they're spiking it up to whatever.
They raised it a half a point this week.
Who do you think that's going to hurt?
You know, who do you think that's going to hurt?
With a 401k and a mortgage.
Everybody with a 401k and a mortgage.
Where is that story, by the way, by the rates?
Okay, Fed raises rates by half a percentage point.
The biggest hike in two decades to fight inflation.
So CNBC story, page three.
Okay.
So the Federal Reserve on Wednesday raised its benchmark interest rate half a percentage point, the most aggressive step yet to fight against 40-year-high inflation.
Inflation is much too high, and we understand the hardship it is causing.
We're moving expeditiously to bring it back down.
The federal chairman Powell said the American people, he noted the burden of inflation on lower income people saying we're strongly committed to restoring price stability, okay, by increasing by 50 basis.
But along with the move to higher end rates, the central bank indicated it will begin reducing asset holding on its $9 trillion balance sheet.
The Fed has been buying bonds to keep interest rates low and money flowing.
Okay, so what does this mean?
Here's what it means.
What happens rates go up to 5%?
Can you go to mortgage calculator?
Just go mortgage calculator.
Okay, whatever you got somewhere there.
All right.
So when a person buys a house, they buy a house based on what?
Loan amount, interest rate, or payment on a monthly basis.
People buy a house on payment.
They say, I can afford three grand a month.
That's how the decision is made.
Okay.
All right.
So at go to six, go to $700,000.
No, go to $700,000.
Yeah, keep going up, keep going up.
Make the payment $3,000.
Okay.
At 3%, and my budget is $3,000 a month, I can get a $727,000 loan.
Okay.
Because my payment is $3,000 a month.
Interest rates next year are going to go 6 plus.
So go to 6%.
Just change that.
That's all you need to change.
Put 6 there, right?
Boom.
Now it went to $4,036.
But let's bring it back to $3,000.
So $3,000, the only loan I can now afford is what?
$539.
It dropped $200,000.
So somebody may say, well, Pat, what does this really mean?
It means two things.
Home prices are about to drop 10 to 30%.
Okay.
And people buying homes, mortgage and real estate industry is going to get hit very, very hard.
It's natural.
This is going to happen.
And folks are going to sit there saying, what the hell do I do?
Because I can still only afford what?
$3,000 a month.
Rent control ain't going to change.
Rent's going to go stay the same, if not even go higher.
Because when shit like this hits the fan, guess what renters do?
They say, well, listen, you can't afford to buy a house anyways.
So you got to pay 10% more rent.
So rather than your rent being $3,000 a month, it's $3,300 a month.
Inflation comes back and hurts the people that we wanted to protect initially.
So we make a decision that sounds good and we're heroes today, but we hurt them two, three, four, five years down the line and we're feeling it today.
And by the way, as ugly as it is today, it's going to get very ugly in 2023 and 2024.
It's going to get hit very hard.
It's coming.
128 months of economic expansion.
So what are your thoughts on this?
Well, I mean, I'm no financial expert.
You know, as soon as my whole life, I've never, I've kind of been allergic to money.
And I don't know if I inherit that from my father.
He was a lawyer, but never billed his clients.
You know, we grew up pretty poor and everyone's like, you're rich.
Your dad's a lawyer.
It's like, yeah, why do people keep saying that?
You know, I mean, come to find out he just was an altruist and, you know, it's terrible with money.
Didn't bill his client.
So, you know, but as somebody who now has to make money and has to pay a mortgage, I've seen these ebbs and tides, you know, fluctuate all the time.
It's harder some years.
It's easier other years.
I think it's got to balance out.
Actually, interestingly enough, and not just because I was playing him in parody at the time, when Romney was against Obama and the financial situation, I just watched The Big Short again on the plane ride down.
Six movies, Adam McKay's story.
Same movie, second to none.
I was thinking, you know, Romney was probably going to be a better choice because then the banks are kind of going to chill out and loosen up and the money can start coming in simply because a lot of this, I think a lot of the financial fluctuations have to do with who's in office, who's looking out for who?
Again, the lobbyists and who's helping each other at the highest level.
Now, I've also been warned that the Fed's going to raise interest rates for a long time.
It's been a long time since they had.
I don't see this as something that's insane.
If it goes up and up and up and up, yeah, we're going to have a bigger problem.
But I don't think it's going to really, I don't know what difference it's going to make at this point.
You know what I mean?
In a negative way.
It's got to get better.
Inflation has to come down.
Oh, no, no.
Don't get it twisted.
You don't think that the interest rate hike will bring inflation down?
No, it will.
I think it will.
Here's why I say I think, because I also thought that uncertainty would have taken gold to 5,000 and gold never moved.
So there's a lot of triggers that historically, if I press this, this goes up, right?
If I press this, this closes.
A lot of those things that historically have worked together, it was completely out the question during COVID.
Like, wait a minute, gold is supposed to go up.
Gold stayed flat.
Bitcoin went here.
You know, rates like a, so I don't know what's going to happen, but I will tell you, he has to do it.
He can't keep the race that down.
I don't even know why they've kept the race that down for that long.
That's the question.
I don't know why they've kept it that down for that long.
But at the end of the day, the only reason he has to do it is because there's inflation.
The only reason we have inflation is because we print away too much money.
The only reason we print away too much money is because we listen to everybody complaining way too much.
The only reason we listen to people complaining too much is because we try to please the people to win votes and win elections.
And then, boom, this is a ripple effect.
So everything is a ripple effect.
And back again and back again.
So unfortunately, that's the way we have our election process.
Our election process is by people getting up there and putting the fear in voters to win their votes.
Whoever's able to persuade the best, and you can even use the word manipulate, to get people to realize and create a massive enemy.
Hey, then we're going to go do XYZ for you.
But then the same people that voted for that policy end up getting shafted.
That's just how this thing works.
And we have to get a little bit more deeper to, you know, like, hey, you know, I want to buy some Roblox, Dad.
Okay, you want to buy Roblox?
Yeah.
Go bring your money.
I'm paying for it?
Yeah.
Okay, I'll buy all of it.
All right.
Spend all the money on Roblox.
All right.
Dad, I want to buy this.
Go use your money.
I ran out of money.
Okay, I don't have it.
Oh, but dad, I didn't tell you to buy Roblox.
You chose to Roblox.
You were happy for two weeks when you bought all the Roblox.
How come you're not happy now?
There is consequences, man.
And we're not talking about consequences.
Fortunately, financial literacy is now becoming more and more required in certain school systems.
My daughter goes to, we have a very nice public school system by design.
And I'm going to take it with her this summer.
She's got to take a financial literacy.
Awesome.
So I'm going to take it with her there.
Sick.
Yeah.
Just to get into it.
I love that.
But you're right.
I mean, you know, a lot of it is cultural.
This generation, you know, they call it the helicopter parenting or, you know, I like to say, when everyone's special, no one will be.
You know, the participation trophy generation.
And you hit on a point there with talking about your kids asking for stuff.
We got to learn as a people that because we're in a capitalist system, whatever the policies are going to be, it starts at home.
Financial responsibility starts at home.
And I think there's a lot out there where finances are the product of something beyond me, right?
And that's got to probably change as a cultural, as a culture.
Where you at with the satellite?
Yeah, you know, I'm processing all this.
I'm listening.
Yeah, you're the money guy.
I mean, I think, well, ultimately, it comes down to doing the hard things and having the tough conversations and looking deeper down the surface.
Like we, we, like, these types of things are essential to understand if you're going to be living in a capitalist society, living in America.
But back to our initial point, it's much easier just to watch the Amber Heard Johnny Depp story and just kind of, yeah, what's going on with that?
Well, sure, in your spare time, but work is different now than it ever was.
Yeah, but work, it's not, what were you going to say?
No, it used to be you go to work, you get a salary, you knew what your salary was, you knew what your annual budget was, all that stuff.
That's off the table for the most part today.
Entrepreneurship is more and more important.
The whole nature of a side hustle as a positive is weird to me.
You know what I mean?
That you need two jobs.
You want a second job if you're trying to get ahead financially because your first job doesn't pay you enough.
Now it's almost essential that both couples work.
Both parents have to work.
One probably has two jobs.
That's weird.
That's so what's that from though?
So then years and years and years of maybe financial disparity between the rich and the poor.
I don't know.
Can you pull up shit like cost of college tuition over the years, right?
My daughters looking at college.
Because when we look at the cost of college tuition, I'll just trigger Matt over right now.
Matt's getting triggered.
But think about that.
Think about that.
Because when you look at the cost of college tuition, can you go to Twitter, the one I posted where I showed the numbers of what's happened to cost of college tuition?
If you go a little lower, you'll see that's just, I put up a bar.
But here's what happens with how cost of living has increased.
When it comes down to college debt, they're talking about writing off the debt, right?
It's like, hey, you know, just forgive everybody when it comes down to college debt.
Okay.
In the college debt situation, what individuals are involved?
Let's go through it.
Number one is the institution, which is what?
The actual college, right?
Two is the student who's involved in that relationship.
Three is the parent who's involved in that relationship.
Four is the government that's involved in that relationship.
And then let's put lender there.
It could be the same, but it's involved in a relationship, right?
So we have what?
We have the institution at the top.
We have the student, the parent, the government, and the lender, right?
If I said it correctly, right?
Those five people that are involved.
Okay.
So college used to be very cheap.
It wasn't that expensive, right?
If you look at that right there, that's the college tuition inflation since 1980, according to CPI, actual inflation.
College tuition is up $1,184.
Inflation is only up $228.
Who the hell let these guys do this?
Now, if you look at this, 220 versus 1184, go a little bit lower on the tweet, by the way.
Go a little bit lower on the tweet.
Just get back and go to the following stuff that I say below it.
Yeah.
So average salary in 1980 was $21,200.
Average salary in 2021 is $51,480.
It's up only 142%.
Yet college tuition is up 1,184%.
How am I supposed to keep up as a parent?
So when did this change?
Here's how it changed.
You ready, folks?
Here's how it changed.
The moment the government said, we'll help colleges out with your student loans, it became a business.
Colleges and the government teamed up together.
Then colleges had no limitations on what they could charge.
They said, we're going to charge this much.
No problem.
We'll lend it out.
We're going to charge you.
No problem.
We'll lend them out.
And the government said, hey, you can't write off your student loan.
You have to pay for it.
But I can write off all the other debt.
Yeah.
So you were against slavery.
Now you just turned me into a slave?
What happened there?
Why are you doing that to me?
I can't pay these payments.
Oh, but it's for the good of your future because a degree is going to change your life.
Oh, really?
Most people who get a degree don't even work a job.
That has to do anything with that degree.
What the hell do you mean?
It's for the betterment of me for me to get.
So they created a monopoly for colleges.
Colleges took advantage of that because colleges are the ultimate capitalists, by the way.
No write-off, tax advantages.
They have the biggest loophole in America.
Harvard's sitting on $40 billion of cash endowment.
They can literally, for the next 100 years, not take a penny from their students and they will still have money 100 years from now with the amount of money that they got in the bank.
But what do we do?
Who paid the price?
You know who paid the price?
You know who paid the price?
Not the institution.
They won.
Not the lender.
They won.
Not the government.
They got re-elected.
You know who paid the price?
The parent and the student.
That's right.
And over and over.
So when they're like, we should forgive the debt.
Why forgive the debt?
Why put the write-off on everybody else?
We should forgive it.
No, no.
Before we forgive it, I'm open to forgiveness.
But step number one, let's go get colleges to kind of catch back up to CPI, 228, which means to be at 228, you know what the average college, you know, annual, like, you know, what's the annual tuition for Harvard right now?
55 grand, 56 grand?
More than that.
Harvard would need to come down to $11,000.
And then let's forgive it.
Do you know what I'm saying?
So why don't we bring it back down to Harvard's what?
It's academics, $51,000 without financial aid, $49,000 a year earlier, one room and board and other fees brings it up to $74,000.
And during COVID, they asked, hey, since you're doing everything on Zoom for the degree, can you lower the price?
What did Harvard say?
Nope.
Same exact price.
Now you're telling me that capitalists are greedy?
I don't see anybody more greedy than these college institutions.
I think you're absolutely right.
I got a full tuition scholarship to the Boston Conservatory, and I had to come up with my own room and board.
I worked, studied.
My grandfather helped me out a couple hundred bucks here and there.
That was my option.
It was either scholarship or no college.
I just paid off my $40,000 in student debt a year ago.
No shit.
That was the last thing I had.
I paid off my time share in like three years.
I paid off all the other things, but I just kept that college debt.
What year did you graduate?
95.
So that's almost 27 years.
$27 years.
Almost $400 a month going to Sally Mae.
Well, on average, it takes 18 to 20 years to pay off student debt.
That's the average.
I deferred from time to time.
Okay, well, there you go.
That brought it way up.
But yeah, I mean, it's insane.
It is just one of these bills.
And it is the entree into the middle class.
That said, however, I think we're going to see a massive backlash.
I think, well, first of all, a lot of kids are going to look at the situation today.
There are kids with, I know a kid in my town who's got a 4.68 GPA, couldn't get in any of the schools she applied to.
It's insane.
How's that possible?
Well, there's a whole like Northeast bias now.
Colleges are just, it's a big story.
New York Times ran a big thing about it.
Now, it sounds like, wow, you couldn't get into your school.
You got to go to a lesser school.
And to an extent, they're right.
And you can argue, arguments have been made that going into a lesser school is better for you.
Like if you go to Harvard as a doctor, you're in there with the best damn doctors.
So you come out as like fourth best doctor.
You're not happy.
You go to Ithaca College, you're the best doctor there.
You have a great life, great career because you were the best doctor.
Big official smallpox.
Yeah, yeah.
So I think we're going to see a lot of that.
I think colleges, the backlash is going to be real.
We're letting a lot more international students too.
That's a big part of it.
But also, you have now this whole generation being raised on Instagram, learning you can become a millionaire without having to go to college.
Correct.
You know, there's all these hacks, these financial hacks, these career hacks.
So is it more on the student or is it more on the parent?
Because when I was 17, 18 years old, applying for college, dude, I couldn't tell you what the hell I wanted to do with my life.
I couldn't tell you why I wanted to go to college.
It's just that I just knew that it was almost robotically the correct thing to do was to go to college.
And it is to get a middle-class job.
But today you can go to a state school for almost free or free.
A lot of states now have programs where if you go to school and it's community college, state college, it is free.
There are state programs that will, the loan forgiveness is already happening at the state level.
So ultimately, what we're not talking about is the concept of college or the concept of a higher education.
I think that's invaluable.
I think that's important, not necessarily for your IQ, but certainly for your EQ.
I think I learned more about networking and who to hang out with and who's got their thing going on and who to hang out with and who to maybe invite to the parties.
I think I learned more of that in college than I did in a certain class or two.
But ultimately, what we're talking about is ROI, return on your investment of the amount of debt or the amount of costs that you're paying for a college.
If you can get it for free, I think it's a no-brainer.
Would you disagree?
Yeah.
If you can get what's going on, if you get college for free.
Nothing is free.
No, I'm sorry.
I'm not saying tuition.
How?
Who pays for it?
If you get a free tuition, you go to a state school.
Who's paying the teacher?
Who's paying the last child's show?
Who's paying for the room and board?
State taxes.
Exactly.
So it's not free.
Just to clarify what Adam said really quick: is the taxpayer should pay for you to go to school, not to improve your intelligence or learn anything new, but so you can party and learn how to network and get a little check off that says you went to college.
Well, if you're holding the colleges accountable for providing the education that you're supposed to provide, then you could argue that it's for the betterment of society in general.
But that gets to the evil word socialism, which we can't utter.
You know what I mean?
But again, the colleges aren't teaching kids what they're supposed to do.
That's learning, right?
Yeah, you've seen the stats where the education level is easier and easier and easier to pass schools now, right?
Every at almost every grade.
They're catering to the students, not the needs.
Like, I think there's everything wrong.
Not everything, but so much wrong with the idea that you have to go to college to make yourself in life.
It's like, no, dude, go learn a trade.
Go learn to collect.
That's all I'm going to do.
Like you say, there's hacks.
You can start your own business.
Look how many people are millionaires on OnlyFans.
Like, they're entrepreneurs.
I don't agree with you.
You started on genetics.
You can't get me started on this.
This idea that everybody has to go to college to make it in life is absurd.
And to Matt's point, you are seeing a huge backlash to this.
I mean, people are realizing that college is a scam.
I mean, it's just not worth it.
70% is a waste of time.
30% STEM.
Or if you've got a sports scholarship, go for it.
But 70% of it is a waste of time to go to college.
And a few to schools right now.
It's crazy.
In our community, a lot of these guys are guys that have money and a lot of them are banking on Vanderbilt over any of the Ivy League.
It's like Vanderbilt is where they're looking at.
I'm like, Vanderbilt, interesting.
So Penn comes up, Vanderbilt comes up, Duke comes up.
Some of these guys come up, but some of these guys that are at Ivy League in the direction they're going.
Yeah, I think this whole system's broken when it comes down to college.
And if we want to write off the college debt, I'm fully for it.
But let's first lower the tuition by 80%.
Let's write that.
And by the way, I'll pay for increase my taxes a little bit, but first, let's change that from $51,000 to Harvard at $11,000.
Let them also pay a little bit of the price because they're breaking the backs of parents that are busting their ass two, three, four jobs to be able to say, I sent my son to a good school and I paid for it.
No, bro, it shouldn't be that much money.
That should be $11,000.
So, next story.
Let's talk about this Roe v. Wade, which is, you can't turn on the news without seeing this, by the way.
It's pretty ugly and something that's been going on for a while.
It was a concern when Supreme Court justices were chosen.
They kind of knew this day was coming.
It's officially here.
So, Roe v. Wade uproar.
McConnell calls for prosecution of Supreme Court leaker.
Senate majority leader Mitch McConnell called for the Department of Justice to investigate and pursue criminal charges against those responsible for leaking draft Supreme Court decision that would overturn Roe v. Wade.
McConnell went on to rip his Democratic opponents for politicizing the court and repeatedly using leaks in an attempt to force changes.
McConnell's comments after Politico published a leaked draft copy of Justin Samuel Alito's decision in an upcoming ruling on a Mississippi abortion law.
The ruling, if adopted by four other justices, would overturn Roe v. Wade, which legalized abortion nationwide in 1973.
Supreme Court Chief Justice directs Marshall to investigate leak, calls that egregious breach of trust.
Anyways, this thing's going all over the place.
So what are your thoughts about what's going on here with this story?
Well, I think it's a travesty.
I think Roe v. Wade was established law for 50 years, in my opinion, and maybe on paper.
I know it was never codified as federal law.
I don't think for a second that the problem here is the leaker.
It's very telling that McConnell's going after the leaker rather than perhaps having a conversation about the three justices who said in their hearing that they would not overturn this ruling.
Those are three acts of perjury.
You know, you could go after just as much as this leaker.
I am for women's right to choose because I am not a woman, so I cannot possibly fathom what it's like.
And I know there are arguments to be made that shouldn't be a part of the conversation.
But who benefits?
Who benefits from this?
You have a base of Republicans and their voter base who are Christian, and that's a very firm belief.
My brother's very anti-abortion.
He's a staunch, staunch Catholic, was a Republican lawmaker for a long time, but also a never-Trumper.
So there's all kinds of shades there.
But it strikes me that this is a cudgel that is an overwhelming distraction.
I don't think it's going to make it all the way.
It is distracting us from bigger issues, which we seem to be ignoring at our peril, like climate change, in my opinion.
And once again, it is just, I don't know.
It's so hard to talk about because it's, go ahead, Adam.
No, there's clearly no correct answer in there's if you don't want an abortion, don't happen.
What was interesting, we talked about this when we were in the old office and you said, Well, when should you have an abortion?
I said, Yeah, well, you know, you should have up until X amount of months is what I said.
You go, Oh, really?
You think that long?
Five months, whatever it was.
said, let me actually go around the office and I asked everyone, every woman in the office, and then I started asking men, okay, when should an abortion be okay?
You know, six weeks, 12 weeks, 15 weeks.
They get all these different answers.
And I remember just getting different answers from everybody.
I think we can all be in agreement that there's the first, second, third trimester.
You should not be able to have an abortion during the third trimester.
That's essentially what everyone was comfortable saying.
Sure.
During the first trimester, people felt very comfortable saying, well, in the first 10 weeks, 12 weeks, yes, that seems very reasonable.
The gray area is basically that 20-week mark, right?
Where the baby is four to five months old.
Is it a life?
Is it not a life?
That's the deeper question.
But even in there are cases in third trimester where an abortion is a medical necessity, or you have to choose between the life of the baby and the life of the mother.
Imagine having to make that decision.
I mean, there's this post going on Instagram right now that's really cool.
I'm not pro-murdering babies.
I'm pro-Becky, who found out at her 20-week anatomy scan that the infant she had been so excited to bring into this world had developed without life-sustaining organs.
I'm pro-Susan, who was sexually assaulted on her way home from work, only to come to the horrific realization that her assailant planted his seed in her when she got a positive pregnancy test result a month later.
I'm pro-Teresa, who hemorrhaged due to a placental abruption, causing her parents, spouse, and children to have to make the impossible decision of whether to save her or her unborn child.
I'm pro-Catholic.
It goes on and on and on in all these cases where this ruling is barbaric.
The thing that as three men talking about whether women should have an abortion, I think is almost ironic.
However, I also think it's a very ironic that, you know, what percentage of Congress people are men?
95%, and they're the ones making these decisions of what a woman should do with her body.
And they'll have plenty of cash, by the way, if they or their daughters need to be.
But the whole thing, they'll have access.
Look, shocker alert, we're not going to solve this issue on this podcast today.
But, you know, you're on one camp during COVID.
Don't tell me what to do with my body.
I'll put whatever I want on my body.
Don't tell me what to do.
It's like, well, that's sort of the abortion, the pro-choice mentality is don't tell me what to do with my body.
Well, you're murdering someone.
It's not, it's just, it's such a hard thing to answer that it's a constant conversation.
It's going to constantly be with the basically way the courts are situated right now with the conservative justices.
It's going to be a situation.
This brings us back to a conversation we were having for weeks and weeks and weeks is, is Biden going to pack the court?
You never hear anything about that anymore.
But this is going to be a constant cause.
It's minority rule is what it is.
68% of the country is in favor of access to abortion care.
It's like with the guns, 90% of people want stricter gun laws.
The representatives are not honoring the will of the people.
Okay, so real quick, a couple points here.
One, the rape and incest case of abortion is less than a tenth of a percentage point.
Okay.
Okay.
So now I don't disagree.
You guys are doing, you're debating on Roe, right?
So what happens if Roe gets overturned?
It's federally illegal, but it takes it back to the states, right?
The states get to decide.
So you asked who benefits from this.
My stance would be that democracy benefits for this because everybody broadly agrees.
Even Ruth Bader Ginsburg said that Roe was wrongly decided, that it's a bad legal precedent.
It's a bad case.
It's possibly the worst case in the history of the court, the way it was decided.
Nowhere in the Constitution does it say anything about abortion.
And that's what the court is there to do, is to interpret the laws, right?
So what happens if Roe gets overturned?
Then the people can put it up for a vote.
They can vote on it in Congress, right?
You can vote to make it federally legal.
Why is it that we have nine justices in these cloaks and robes reigning in their decision for the rest of the country, right?
You asked who wins, democracy wins.
If Rogue gets overturned, the people should stand up and vote.
I don't think democracy is winning, though, is the thing.
I think it's the opposite.
I think we're, again, minority rule.
I get your point, and it's a good one.
And I'd be interested in reading that Ruth Bader Ginsburg quote because I think it's a little deeper than that.
Yeah, if you could pull that up, it'd be great.
But yes, you're right.
If we can decide then, as if Congress honored the will of the people, we would have a democratic debate about the subject.
No, and I think that's absolutely the point here, is that it's not up to these nine justices to have passed it in the first place.
I think, and this speaks to a broader point of the warping of the power that the court has taken over, that they just get to decide off whim what is and isn't federal law, right?
So it's like, I think the best thing that we can do is have a debate on this case and let the people decide.
And as you say, let Congress agree and listen to the will of the people because we need to get back to some form of that and give the people a voice again.
But their stance that it's because it was never mentioned in the Constitution doesn't mean they can rule on it.
There's a lot of things that we have laws on the books for that are not mentioned in the Constitution.
Transportation being one of them.
You know what I'm saying?
And we have all kinds of federal regulations regarding transportation.
So that's just a weird take to have as a Supreme Court justice.
Well, it's not in there.
So we have no say over it.
It's just weird.
I don't know.
What you got, Pat?
Yeah, man.
We've been confessing.
And by the way, here's what I'll tell you.
When it comes down to guns, right?
Okay, I lived in California.
I lived in Texas and I lived in Florida.
In California, I went to buy a gun and I went and bought a shotgun and a rifle.
Maybe I bought a semi.
I don't know what I bought over there, but I bought a few things.
Did a background check.
Took me 30 days to be able to pick up my stuff.
I don't know what the timeline was, but it was a minute.
I couldn't get it that day.
Could have been a week, could have been 30 days, but I didn't leave with the stuff that I bought that day.
Fine.
I went to Texas.
In Texas, I went to a store and I bought an M4.
I think I bought two of them with the magazine, with all the stuff.
Walked out five minutes later, took it in my car.
By the way, when you did my interview, I opened up the save.
You saw my M16s.
You're like, oh, it's this guy.
I saw it in the military.
I've never been around one that big before.
So I open up.
I'm like, okay, so here's what I did.
Okay.
So you come over here.
You know what I like?
I like the fact that a person, if you don't want to have people get guns early, move to California or run for office in your city and state and go help change the laws.
Okay.
Go help in that state.
Get people behind you.
Get a strong argument.
Either get behind somebody or you go do it, right?
If you think a guy is going to be good against DeSantis and you don't want DeSantis to be re-elected because you think Florida is going in the wrong direction, either find somebody that's going to beat DeSantis or go move to California or New York.
It's your choice by state, right, to do that.
With this argument here as well, the same happens because, you know, those stories you read, I mean, I've read both sides of this story where, hey, look at all these great innovators that their parents didn't get an abortion.
They almost thought about getting an abortion.
How about that?
How about this person that was going to be the president and parents at one point thought about getting an abortion?
And you read those stories, like, what does the world look like without those people?
Oh my God, I couldn't even imagine the world without these guys.
So how many stories are there that the mom and the dad at one point thought about getting an abortion and that person ended up becoming great?
So who's right on left and the right?
Oh my God, but this person got raped in system.
Okay.
It's a very, very, so the exception to the rule, which is very small percentage.
They throw those arguments up and it gets people riled up, right?
So then you go to the other side and you say, okay, your body your choice.
Yeah.
How come you didn't say that two years ago?
How come you said that the last two years, which is kind of what you were talking about?
Why the hypocrisy?
So you're then noticing the level of hypocrisy on both sides that comes out with arguments like this and the lack of consistency.
And you see leaks in arguments.
You only want your body your choice when it favors you, but you don't want your body your choice when it doesn't favor you because you want everybody to take the vaccine.
What happened to your body your choice?
It's my body.
I don't want to get the vaccine.
You better get a vaccine.
You don't care about my health.
Dude, it's my body.
I'm going to do whatever I want to do.
My body.
Why are you forcing me to do it?
And then the part that I have a challenge with in regards to abortion is I don't want to pay for it.
If you went and got had sex, unprotected sex, nobody told you to not use a condom.
You chose.
You say, I feel better when I have unprotected sex.
No problem.
It's your choice.
I don't care.
I'm just not paying your abortion.
You pay for it.
You want to get an abortion?
You go ahead and pay for it.
I'm not going to pay for it.
I didn't have sex that night.
I didn't feel good when you had sex.
You had sex?
I didn't feel good.
You had sex.
It felt good for you.
I didn't get any of that joy.
Why am I getting the pain?
So let me get this straight.
I didn't get that great feeling of sex for you get for the last however long of it.
And I'm supposed to do the bad, you know, to pay the price for the bad part that you don't want to pay the 500 bucks, whatever the numbers.
I don't want to do that.
I don't want to go through it.
Everybody in their families has a private abortion story.
I have some.
I'm sure you have some and you have some.
You see, some folks here brag about how many abortions they've had.
I also don't agree with that.
This lady right here has got her shirt on saying, I've had 21 abortions.
That's a point.
A comedian got up, and I don't know who this comedian was about a year and a half ago, the girl with the curly hair, and said, let me tell you how many abortions I've had.
This is how many abortions I've had.
Matter of fact, I'm going to go get more abortions when pa It's not.
So that stuff is stupidity.
By the way, that's also the exception.
That's not the majority.
So I'm not also putting them as, these guys are at fault.
No, I'm a reasonable enough of a person.
But I think to leave it to the states, if guns are left to states, if this is left to state, the way it happened, if you go look at the history of Roe v. Wade, is two Supreme Court justices at the time were either retiring Tyler or they were stepping away.
And this young attorney comes in like really, really young and just somehow got this thing through.
And it would have never happened in this case ever.
But this was a very interesting, unique situation that they capitalize.
And at the end of the day, in regards to the information being leaked, you know, oh my God, I can't believe the information is leaked and all that stuff.
And one side is saying, who cares about the person that leaked the information?
I'm more concerned.
Republicans are more targeting this than protecting women's rights.
I'm sorry.
When somebody leaked information to you on the other side about Hillary, you were pissed off to say, why would you leak?
This is irresponsible.
So then goes more hypocrisy in the situation here.
At the end of the day, if it's 68%, let's find out if it's 68%.
If it really is 68%, maybe we're going to find out it ain't 68%.
Maybe we're going to find out those polls are full of shit.
Maybe we're going to find out more people are for, look, unless if it's rape or incest or this, I'm sorry.
I just don't support it.
We don't know.
Let them make that decision for themselves.
And, you know, I have my own position on this.
It's where I stand with this, but it's different for everybody else.
So I, you know, not whoopee.
Joy comes out and Joy says, you know, women, we should go on a sex strike.
That's the bad news for you, by the way.
Oh, yeah.
We should go on a sex strike.
Okay.
Don't give it up.
No, no.
You can give it up.
Just use a damn condom when you give it up.
Why not?
She said that about because of the abortion?
Yeah.
Well, condoms break it.
Look, I think I have bad news for Joy Behar.
Nobody's going to be upset if she goes on a sex strike.
Nobody.
That's a good point.
The question is, is it healthcare or is it not healthcare?
And is it a society's responsibility to cover from their tax burden health care in general, right?
And you can make that argument.
That's an argument to be had.
And why we need better representative cases.
Well, this goes back to your initial point.
That it's not a black and white situation.
There's so many gray areas.
Once you go here and you peel the onion, well, you know what?
It's only in this case.
Well, it's a rape.
It's an incest.
Well, it's the life of the mother.
And then this story.
And then, well, actually, it's been, is it six weeks?
Is it 12 weeks?
It's just such a complicated situation that it takes such grace to walk around.
And then obviously, if you say the wrong thing, you're going to get canceled.
Next thing you know, Joy Behar is doing a sex strike on you and you don't get any from Joy.
Catastrophic.
I'm sure most single men in Hollywood are devastated right now because of her going on a sex strike.
This is war on women, gays, people of color.
You know what they're saying?
If you let them do this, what happens next when they don't let you have interracial marriages?
Oh my God.
Now you're getting over dramatic on interracial marriages.
Who's going to get there and say, we're not going to do interracial marriages?
But again, considering there's an interracial marriage on the Supreme Court at the moment.
But listen, at the end of the day, okay, what's Obama's famous words after his first term?
What did he say?
He says, elections have what?
Consequences.
Let's go, buddy.
Hey, Trump may have, you can call him whatever you want, but if you're a Republican, he got you a 6'3 advantage.
And that's the biggest insurance policy that's going to last for 10, 20, 30 years.
It is rich of McConnell, though, to call this the politicization of the Supreme Court when the reason this is 6-3 is he politicized the F out of the Supreme Court.
It's not denied.
I don't think anybody disputes that.
McConnell is an interesting cat himself, by the way.
Interesting as a good idea.
Him and Schumer are probably part of the same camp to me.
Him, Schumer, Pelosi, they're part of the same camp.
I understand that.
Just another real quick daily dose of irony.
Who, you know, the left wants to fight to the death for Planned Parenthood, right?
And the largest proportion of abortions in the country are by black women, right?
Who was Margaret Sanger, the founder of Planned Parenthood?
She was a well-known eugenicist who wanted to prevent the birth of mentally challenged people and blacks in the country.
I just think it's ironic.
I've heard that argument.
I don't think that's entirely accurate, but I've heard that argument before, and I think that's.
Tyler gets his information from certain sources.
No, no, but nothing he said isn't necessarily true, but I don't think it's the entire truth.
Again, we tend to, especially today when politics has become religion, glom on to one part of the argument and hold on to that when it's like, yeah, but also this.
You know what I mean?
Is Putin evil?
Well, not to his motherland.
He's not, right?
So what's the answer?
We don't have it here at the PBD podcast.
But this was great discourse, folks.
I'm curious where you stand.
Comment below.
I'd love to actually read your commentary, see what you stand with this.
Last topic before we wrap up is Musk.
Okay, let's wrap up with Musk here.
How can we do this podcast without talking about this guy here, right?
So Musk goes after AOC and NBC and pretty much everybody in the same week.
Can you pull up the NBC tweet?
That's the one I want to read.
Page five, I'll read this to you guys, and then he'll put it up so you can see it.
Elon Musk slams NBC, defends GOP after MSNBC anchor calls him petulant.
Am I saying it properly, the pronunciation?
Okay.
So this is a news week story.
Elon Musk slammed NBC on Monday after an anchor affiliated, the media outlet called him petulant and criticized the far right of the Republican Party.
The Tesla CEO who recently purchased Twitter hit back after MSNBC host Mehdi Hassan warned that his new influence over the social media platform may amplify neo-Nazi voices within the GOP.
We are living through an unspeakably dangerous moment.
The pro-QAnon, pro-neo-Nazi faction of the Republican Party is poised to expand dramatically, come to midterms.
If that happens, we may look back on this as a pivotal moment when the petulant and not-so-bright billionaire casually bought one of the most influential messaging machines and just handed it to the far right.
Musk initially responded by tweeting that NBC is basically saying Republicans are Nazis, but in a separate post, he said the following.
If you want to show him the tweet, if you have it, he slammed the news platform. by saying, can you make that a little bit bigger?
NBC basically saying Republicans are Nazis.
Then he turns around and says that same organization that covered up Hunter Biden's laptop story had Harvey Weinstein's story leaked and killed it and built Matt Lauer his rape office.
Lovely people.
Can you imagine that?
He's got a point.
Can you imagine that?
I'm no Musk stand, but I don't think he's nearly as dangerous as people make him out to be.
Medi Hassan is an agitator on the network.
This is not the first sort of crazy thing he said.
Is Elon Musk a pest?
Sure.
Is he dumb?
No.
I think personally, Twitter stands to get better under his leadership.
Personally, I could be wrong.
The arguments made that it's a private company.
They can edit whoever they want.
If he wants to make it into more of a public square where any information is spewed around there, let's see what happens.
Let's see what happens.
We're seeing what happens before.
You get the Russian bots off of there, and maybe you've got a platform.
And I think that might be one of the best things that was the greatest.
What was the conversation you had yesterday regarding what Elon Musk is looking to do?
Yeah, he's raising money left and right.
And in rounds of $100 million, I got a call.
And I'm telling you right now, I predict Twitter's right now worth what?
$40 some billion dollars?
Can you pull up what Twitter's worth today?
Should I put it?
What's Twitter today?
Should I value it?
If you can get it, the rounds are $100 million.
If you can get it, and there's not a lot of people that are sitting on $100 million of cash, that's the challenge.
Market cap, $38 billion.
Okay, here's what I'll tell you.
Twitter, ran by Elon Musk, will be a trillion-dollar company within three to five years.
And that's the latest, which means, and by the way, this is my opinion, okay?
This is if you do it, you lose money.
That's your risk.
This is my opinion.
I think this is a trillion-dollar company.
I think that $40 goes to a trillion.
That's $25X.
You put a million bucks, you're going to make $25.
You put $10 million, you're going to make $250.
You put $100,000, it's going to be a $2.5 million investment.
Because if Facebook's worth a trillion, if Google's worth a trillion, if Amazon's worth two, if, you know, I think Apple's worth three, whatever the number is, this is going to be a trillion-dollar company because the people that ran Twitter, they don't know how to make money.
And Elon knows how to make money.
He's going to create different chips.
Whether it's going to be, you want a blue chip to get rid of the bots, $4.99 a month.
You want an additional benefit to do this, $19.99 a month.
And you want the ultimate, it's $100 a month.
He's going to make money off of Twitter.
And he's going to bring so many different ideas that nobody's even thinking about.
Most people think Tesla is a car company.
It's a battery company.
That's why he doesn't like selling Tesla because he knows Tesla is going to be a $10 trillion company.
And he knows he's going to be the first trillionaire in the world.
He's probably two to five years away from being a trillionaire.
This guy's going to be a trillionaire.
We're going to have a trillionaire within the next 24 to 60 months.
But Twitter, by this guy running it, I have a feeling this thing's going to go to the roof because he ain't going to slow down.
FYI, more and more and more I listen to him.
He may be the most annoying person to anybody that doesn't like freedom of speech, to anybody who loves control, because you can't do nothing to this guy.
Bill Maher comes out and says, the argument to me is, has Twitter failed in setting themselves up in the past as the judge of what can go out there?
And I would say, yes, you have.
You failed when you threw the New York Post off of Twitter for talking about Hunter Biden's emails.
And it turned out to be a real story.
You failed when you said we couldn't read about whether COVID had come from a lab.
You failed, Twitter.
You failed.
This is not a Republican saying this.
This is a liberal who's probably never voted for a Republican in his life, Bill Maher saying this, a comment like that.
So what's starting to happen?
Yesterday we're having dinner and Kai is talking about Churchill.
Okay.
He says, you know, in UK, no one's lost more elections.
No politicians lost more elections in their career than Churchill.
Yeah.
Crazy story.
But then he says, you know what happened?
At one point, because he was part of the Democratic Party is who he was.
Okay.
That's what Churchill is when you read a story.
He says, at one point, the people that he was a part of flipped and they went crazy.
So what does Churchill do?
He says, dude, I didn't sign up for this.
I'm about freedom.
I'm about this.
I'm about that.
I don't know what just happened to you, Democrats, but I'm not about that.
You're changing a party?
I'm going over here.
They hated him for it.
He says, I didn't change.
You guys change.
Democratic Party's changing.
Bill Maher said those very words.
I haven't changed.
I haven't changed.
You've changed.
So Bill Maher said what Churchill said years ago.
Years ago, Churchill said that before Bill Maher said it.
Except when Churchill said that, he didn't tweet it out.
You know, for whatever reason, he didn't get the time to tweet it out.
Moral of the story is the following.
Elon Musk is probably the most scary man to the people of the left and progressives.
AOC goes to sleep every night.
Everyone has nightmares or dreams.
She goes to sleep every night about a man named Elon Musk.
She has nightmares about him every flipping night.
And it's non-stop.
It's going to keep happening because this guy's not going to slow down.
He's not going to be somebody that's going to sit on the sideline saying, oh, okay, let me take it a little bit easy this week.
No.
You say something to him.
He's coming back at you.
And he's got a bigger mic.
And that mic is Twitter.
And what did Elon say back to AOC in a tweet when she basically was complaining about the billionaire class?
Did you show that tweet?
He threw his thing back at her.
He said, you know, I was talking about Mark Zuckerberg and he said, well, you know, stop hitting on me.
I'm really shy.
He's a troll.
A total.
A multi-billionaire, powerful man, ridiculous troll.
And he's only going to get stronger.
He's just going to get stronger.
This guy is not going to slow down.
He's going to continue.
Yeah, he's going to continue more and more and more.
Is that what it is?
Stop hitting on me.
I'm really shy.
Got to love that.
Got to love that.
So, anyway.
She said that to one of her trolls, too, at one point.
I think he was throwing it over.
Okay, is that what it was?
Somebody was bitching about it.
He's like, you know, stop flirting.
Who's Elon going to date next?
He's done with the alien girl Grimes.
Who's next?
It's for sure not going to be.
He's done with Amber Heard.
Exactly.
Ain't going to be Amber.
100%.
No, I think he's currently dating.
Marjorie Taylor Greene.
You're a good dream, Tyler.
I think he's going to date somebody you least expect that he's going to date.
I think Elon is a very different kind of guy.
He's a new generation type of guy, but he'll be the first trillionaire the way he's going right now.
So folks, if you hate billionaires, I don't know what you're going to do to trillionaires because one is around the corner.
Good to know today.
This has been a blast.
Awesome.
It's great having you on.
Thank you, Matt.
Tomorrow, GSP, what time?
So everybody knows that it's 30 tomorrow.
3.30 tomorrow, GSP will be on the podcast.
Come ready.
We may do some callers.
And by the way, we may be giving away auctioning off maybe through super chat and maybe something we may do a signed UFC glove.
If you're a big GSP fan, put in your calendar tomorrow at the podcast.
We'll see you guys there.
Take care, everybody.
Bye-bye.
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