All Episodes
July 28, 2022 - PBD - Patrick Bet-David
01:57:39
Congressional Representative Joe Walsh | PBD Podcast | Ep. 174

FaceTime or Ask Patrick any questions on https://minnect.com/ PBD Podcast Episode 174. In this episode, Patrick Bet-David is joined by Congressional Representative Joe Walsh, and Adam Sosnick. Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N For Joe's podcast "White Flag with Joe Walsh": https://apple.co/3vlj8y1 For Joe's book "F*ck Silence: Calling Trump Out for the Cultish, Moronic, Authoritarian Con Man He Is": https://amzn.to/3zdA1vM Follow Joe on Twitter: https://bit.ly/3zD3WyI Text: PODCAST to 310.340.1132 to get added to the distribution list 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 11:05 - Joe Walsh on why he voted for Joe Biden 21:31 - Does social media control our beliefs? 27:49 - Why did people vote for Biden as an 'Anti-Vote'? 38:41 - Should Trump admit that he 'lost the election'? 44:28 - The difference in policy between Biden & Trump 53:16 - Has Hillary Clinton admitted she lost in 2016? 58:10 - How mainstream media affects our political decisions 1:08:04 - Should Trump has supported Putin? 1:20:20 - Is Joe Walsh a Democrat? 1:26:30 - Patrick Bet-David’s thoughts about shifting between political parties 1:42:25 - Reaction to Fed increasing interest rates by 75 basis points 1:49:38 - Cathie Wood scoops up $50 million of Shopify stock on dip

| Copy link to current segment

Time Text
Did you ever think you would make it?
I know this life meant for me.
Why would you pat on Goliath when we got fed David?
Valutament, giving values contagious.
This world of entrepreneurs, we can't no value to hate it.
I run, homie, look what I become.
I'm the one.
For two days.
You want another truth?
Santiago for the rest of his life and he doesn't pack.
Tom, that podcast is live.
Just so you know, folks, that's Tom Ellsworth and he's had his coffee this morning.
First thing they're going to hear is you lit up.
Do you know the scene we're talking about?
You're a good man?
I hated that movie.
Really?
Nah, yeah.
Did you really?
I can't watch Tom Cruise.
You got to be the only person that hated that movie.
Well, you don't be listening to beef with Tom Cruise all of a sudden?
I just can't watch Tom Cruise.
Oh, my God.
Why doesn't he get into that later?
Stop it.
It's like Kevin Connect.
Now you have beef with Kevin Costner.
Kill Walsh.
What do you stand for?
Today, today.
You're un-American.
Today, our guest today is Representative Joe Walsh.
He's written a book.
What is the book's title, by the way?
It's a very diplomatic title.
What is the title?
Can you tell me the title, Adam?
I'm trying to see.
I know it starts with a word I've never used.
It's an F, the F word, right?
I've never used that word before in my life.
Tyler?
It's called, can you tell us what the title is?
Calling Out Trump.
F Silence.
F Silence is the side of the book.
Yeah.
Calling Trump out for his cultish, moronic, authoritarian con man he is.
Boom.
Former presidential candidate 2020.
He went from voting for Trump to voting for Biden and not supporting Trump.
He's been all over the place.
He's not afraid to get in a mix and, you know, rile things up.
Illinois eight district congressmen also got a podcast called White Flag with Joe Walsh, as well as same title as your book that you got there as well.
Okay.
A few things you've said.
I just want to kind of preface the podcast so they know some of your famous quotes.
Okay.
This guy in the White House stands for everything I'm against.
Okay.
And you were talking about Trump, not Biden.
Trump is a narcissist.
Obama is a Muslim.
Now, you said that years ago, and then you had to kind of backtrack a little bit.
Every time Trump opens his mouth, he lies.
I know DeSantis, deep down inside, he's not a Trumper.
If Donald Trump runs for president, no Republican will challenge him for nomination.
The Republican Party is a cult.
Donald Trump is a horrible person.
So in other words, you don't say controversial stuff a lot.
You're very diplomatic and chill and easygoing.
So now that you know who he is, Joe, good to have you on the podcast.
It's an honor to be here with both you guys.
Yeah, it's great to have you on, man.
Me and Tom.
Yeah.
Thank you very much.
Now we know Tom knows one-liners from movies.
And specifically a few good men.
You know, for the audience that doesn't know, maybe, you know, give a little bit about your background on, you know, what you did, you ran, why you supported Trump, why you turned against him, and why you supported Biden and where you are today.
So it's a weird, do I need to watch my language?
Not at all.
Joe, you've never watched your language.
Why start today?
60 years old.
Why start now?
That's a stupid question.
It's a weird fucking journey that nobody else has been on.
I got elected to Congress.
I was the big Tea Party guy.
I went there and I raised hell.
I'm still a Tea Party guy.
I left Congress.
I got booted out of Congress.
I voted for Trump in 2016 because I knew why people in this country were pissed off because both parties suck.
Our politics is broken.
Government's too fucking big.
So I understood why Trump got elected, right?
And I voted for him because of that.
His people were my people.
He gets elected.
I start to pay attention to him and I realize he's an utterly corrupt, criminal, horrible human being.
At the time, I'm on the radio when Trump gets elected.
200 stations all over the country.
I'm on Fox News every day.
And I begin to speak against Trump.
And when you do that as a Republican back then, you're done.
So within a couple of years, I was done because I just said I couldn't support this.
And then I dedicated myself to doing everything I can to defeat him.
And I voted for a Democrat for the first time in my fucking life in 2020.
Not because I like Biden.
He's too old.
I don't agree with his policies.
But to me, Trump's a danger.
So I'm a politically homeless, still conservative who just can't stand where my former political party is right now.
Do you regret voting for Biden?
No, gosh, no.
Not at all.
You don't regret voting for Biden?
Well, yeah, it was an easy vote because, and you may disagree with me, Patrick, but I consider Trump to be an existential threat.
So if you're like me and you think that, you got to vote for the only person who can beat him, even if you don't like him.
So let me ask you, what was the tipping point for you?
What did Trump do for you to say, I don't like this guy, boom, I'm flipping?
I screwed up in 2016 because I didn't pay attention to him.
What do you mean you didn't pay attention?
How could you not pay attention to that guy?
He sucked all the oxygen out of the room.
You were paying attention.
No, no, no.
No, you chose not to pay attention to him.
I chose not to.
I didn't like him as a man, but I really didn't know that much about him.
I never watched The Apprentice.
But again, remember, I'm a big conservative voice.
I'm on the radio all over the country.
I can see he's going to win the Republican nomination.
All my listeners are supporting him.
I'm with my listeners in what we need.
But I really didn't take him seriously.
And by the way, that was a shitty job of mine.
I should have.
Once he got elected, and I started to pay attention to him.
And I realize that he lies every fucking time he opens his mouth.
And to me, it didn't seem like he had the interest of the country in his, he didn't care about the country.
He only cared about him.
The final straw was Helsinki, the summer of 2018, when Donald Trump stood in front of the fucking world and said, I'm with Putin, my own people can go jump.
I went on the radio that night and I said, I'm going to do everything I can to make sure he's not re-elected.
And the minute that happened, I began to lose my radio show.
So you said you weren't paying attention to him.
Helsinki was the final straw.
You said you weren't paying attention to him, but rolling up to the election, certainly you knew after he got the, because right before the election, the turning point for me realizing how serious it was wasn't that he won the nomination.
What was the contrast?
And it wasn't Fox.
It was all networks.
The contrast between the crowds that Hillary was pulling and the crowds that Trump was pulling.
It was crazy.
And at that point, my switch flipped in terms of my not supporting or not supporting, but my switch flipped on my Vegas odds making side of my brain.
They're like, wow, this guy could do it.
I don't think he will.
I think there's too much of a machine with Hillary, but he could do it because I was looking at voter enthusiasm.
What was your turning point coming up to the election where you say this might happen?
When you say you weren't paying attention to him?
And again, it's all relative.
Like, I didn't pay a lot of attention to specifically him.
Obviously, I'm a major political figure at the time, so I'm paying attention to the fucking race.
I knew at the first Republican debate that Trump was going to win the nomination.
When Donald Trump stood up and did his thing, and you had, look, guys, I don't come from the Republican establishment.
I'm a Tea Party hellraiser.
And you had Jeb up on that stage.
Looking like yesterday's lunch.
No inspiration whatsoever.
You had Jeb and Marco and all these guys up on stage sounding like just fucking politicians.
And Trump gets up there and says, I'm going to build a fucking wall.
I'm keeping these people out, blah, blah, blah.
And he's throwing insults at people.
And all the Republican establishment people were telling me, that's horrible.
We cannot nominate this guy.
But everybody who called into my radio show said, Joe, it's about fucking time.
I knew then Trump was going to win the nomination.
I think I knew a couple months before the general election that he was going to beat Hillary because Hillary sucked.
Hillary was the poster child.
Look, we live in a populist moment, guys.
Americans are rightly pissed off at our politics.
Hillary was the poster child for establishment politics.
I knew he was going to win two minutes before.
I felt like he, two months before.
I felt like he could.
Yeah, that's interesting.
Okay, so 2018, when did they start talking about the Russia hoax?
When did that start?
That started right off the bat.
No, 2016.
Immediately.
Okay.
That was a disappointment, too.
Yeah.
So, so, so, so you, so that, did that at all, were you ever like if somebody were to go audit to see all your recording on the radio, would there ever find a time that you believed the Russia hoax was taking place?
Did you ever buy into that?
No.
Like, let's just say we do an audit right now, and it comes back and it says, here's what Joe Walsh said about Russia gate.
He believed it.
He said, yeah, he had collusion.
We should put him in jail.
We should impeach them.
Would any of those snippets be found of you saying that?
No, well, I actually, I don't know where the question's coming from because I generally, I believe, and I think it's fact, that Russia fucked with our election in 2016 to help get Trump elected.
I think that's obvious.
And after Trump won in 2016, and then it became public like Russia did this, Trump's first instinct was to get pissed off about it.
Trump just got fucking elected.
And our intelligence people come out with, I mean, everybody around Trump knows that Russia fucked with that election to help get Trump elected.
The only one who couldn't admit that.
Stop saying that.
Stop.
It's true.
Stop.
You can't say that.
So, showcase.
I just did.
But I know you can say that, but it doesn't mean it makes it true.
You can say that and make a statement like that.
To interject, there's two separate things you're talking about.
Did Russia meddle in the election with bots and Twitter?
That is separate.
Did Trump collude with Russia?
Because those are two separate things.
Did Russia have bots and Twitter and all?
Yes.
Did Trump collude?
That's a separate question.
And that's essentially what Pat's saying.
He's saying that's what was marketed, but that wasn't true.
But is Pat acknowledging that Russia fucked in the election?
I will acknowledge that U.S. has participated in every election they can in the world.
And I would acknowledge that China, Russia, and any major empire in America, in the world, has been involved in other elections.
I would say everybody does that.
So what that means doesn't give your statement a lot of credibility.
What I will say is the final one.
Was there ever a time where you tried to get closer with Trump to get a job on his administration or you wanted to meet with him or you wanted to have any kind of a, you know, hey, why don't you come on my radio show?
And he turned you down multiple times or he didn't offer a job where you got offended.
Were you ever offended?
There was a time.
Yeah, yeah, because remember, Pat, I'm like, I'm a conservative.
I'm not a Republican establishment type.
Your Tea Party, Michelle Bachman, like your Tea Party.
Bachman, me, I mean, we got to.
Just Alan West, Justin Amache, we were the guys.
Yes.
But the problem is, you guys are like fossils at this point.
But I want to hear his answer.
I want to hear his answer.
I want to hear his answer.
So, look, I said, let me remind you again.
I asked, were you ever offended because he didn't give you any job on his administration or didn't want to get on your show?
Was there anything behind closed doors that he didn't keep his promise to you that offended you to say, if you don't do this, I'm going to turn against you?
And you did.
Two things.
You're clearly thinking of something, so I can't wait to hear it.
And just again, I apologize because I've said a gazillion fucking things and I've probably forgotten half of what I said.
I remember wanting him to succeed.
I remember having friends in the administration.
And when he first got elected and Sean Spicer was just a piece of shit and he sends Spicer out there to lie every fucking day.
I remember talking to a few people saying, my God, Trump needs an honest, good, tough spokesperson.
I'll become Trump's spokesperson.
I forgot who I said that to, but early on in the administration, I said, it would be great to be that for Trump.
I got you.
That's the only one I think I can remember.
But yeah, initially, because I knew why Trump got elected.
His people were my people.
I wanted him to succeed.
Yeah, but then that reveals something.
So because.
But that doesn't impact at all.
Give me a break, Joe.
Fuck no, don't give me a break.
I've been pat.
I've been through fucking hell.
I mean, you know, by choice, though.
By choice, though.
Exactly.
You chose to do this.
It's not like nobody forced you.
This is America.
Nobody can force you to.
No, I chose to do what I did.
And your choice was, hey, I think, you know, because what I think of you, I think of Mooch.
And Mooch is a friend.
I like Mooch.
Mooch and I have spent time and we've had him on, but similar situation.
Maybe Mooch did get the job and you didn't get the job, but you got the job.
And then, you know, 11 days later and seven days later, and that's Trump's challenge.
You're talking about Scaramucci.
Yeah, yeah, of course.
He knows what I'm talking about.
So, you know, all of a sudden it's like, hey, you're fired.
I mean, that's a public humiliation when you do that.
You know, Trump could have handled that in a very different way to fire a guy that quickly after you hired him.
There is responsibility in the person who hired.
So if you fire somebody that quickly, you didn't do enough due diligence to hire the person initially.
So there's responsibility on both sides.
But, you know, there are a lot of people on both ends of the aisle, on the left and the right.
A lot of times when somebody flips on Biden or you flip on Obama or you flip on Bush or Trump or whoever, behind closed doors, there was conversation to say, hey, if you back me up, I'm going to figure out a way to get you a job.
Wink wink.
And then they don't.
And then you're like flipping out saying, I can't believe you didn't do this.
I'm going to go and I'm going to do this.
So those are the types of stories that the public never knows about.
We don't know about.
I'm not telling you there's credibility behind my.
No, there's not.
Yeah.
I mean, everybody, by the way, just so you know, Pat, everybody in my position who came out and said, I'm against Trump, they did it for their own reasons.
Maybe some people did it for a money, for a gig, for a job.
I don't know why Mooch did what he did.
I'm telling you that I came, when I came out five years ago and said, I can't support this, I did it for no other reason than I believe that.
That can't be possible.
Bullshit.
That can be possible.
Bullshit.
You ran two years later for president.
That can't be possible.
You're smart.
I ran against.
That's the point.
That's the point.
So you have to come out five years ago to go and say, I can't stand this because you're thinking the Republican Party is divided and you're thinking you're going to get the side that you're going to be able to do.
No, no, no, that's wrong.
I never said, and I don't believe the Republican Party is divided.
It's never been divided.
It's Trump's party.
I've acknowledged that publicly.
By the way, can I hear myself a little bit more?
Yeah.
Because I'm an old man.
Lincoln Project.
So go to Lincoln Project.
Talk to the Lincoln Project people.
Yeah, but they're not me.
I'm not saying you're a Lincoln Project.
Of course not.
But the Lincoln Project people are against Trump.
And that was a community that people, some people banked on.
They said, okay, if I think my community, I've got nothing to do with it.
It's more your community than MAGA.
No, they don't.
Well, hold on.
I don't have anything.
Guys, this is a big, diverse world.
A lot of people support Trump for a lot of reasons.
A lot of people oppose him for a lot of reasons.
I don't do anything with the Lincoln Project.
And by the way, some of those guys have enriched themselves.
Look at my tax returns.
I have not, Pat, let me just get this out of the fucking way now because I've been through fucking hell for five years.
By choice.
And no fucking regrets.
And I would do it again.
And look, my friend, you can disagree with what I did and everything I've said, but no regrets.
I did what I believed.
Okay.
But when I did that, I knew I was going to lose everything.
And I did.
Yes.
Yes.
I lost my radio show.
I lost my livelihood.
I lost my source of income.
I lost, let me continue and then jump on me.
I lost any hope of a future in the Republican Party.
I lost ever being on Fox News again.
And I've received death threats on a weekly basis because of what I did.
You don't sound like a dumb guy.
So I have a hard time buying that.
I'm not you don't sound like you don't let me let me just give you my position I'll give it to you.
I'll tell you exactly my position.
And by the way, you're on a podcast where we talk, you can push back, you can call me out.
No, we're already doing it.
I'm enjoying this.
I fucking like this.
So I like this.
This is why we shut the close so you can't even run out by the way.
We've got security out there.
You're not going to leave this freaking.
You're like an S ⁇ M guy.
But let me say this to him.
Okay.
There is no way I sit there and I listen to a brain that works as fast as yours does.
You're witty.
You're going.
You're not done.
Okay.
So set that aside.
So the dumb part's not aside.
But, you know, maybe the strategy you took wasn't the best strategy.
Hello.
Yeah, I agree.
Amen, brother.
I concur.
Financially and every other which way, it was a stupid thing to do.
But I did it, my friend.
Adam, I don't know why this is hard.
And maybe you just don't believe this.
I did it because I believed it was the right thing to do.
Why is that?
Can't.
You're saying there was no strategy, just went with your gut.
Completely.
Okay, but you're also saying that you have no regrets.
You must have some regrets, Joe.
Doubts, no regrets.
No, I mean, Adam, I'm only going to say, yeah, I took a big hit.
I could be back in Congress.
I could have a show on Fox News.
I'd be on 500 radio stations around the country.
By the way, Pat and Adam, in my position, the easiest fucking thing to do is to say every day that Donald Trump walks on water.
If all you care about is clicks, ratings, getting elected, that's the easiest thing to do.
I couldn't do that because I just didn't believe it.
That's all, Adam.
That's all.
Yeah, I think sometimes for all of us, everybody, sometimes the masses can confuse you.
Sometimes the masses make you think you're wrong.
And it's very, very hard to stand up against masses.
The masses can get up and they can say, let me tell you who this person really is.
And you're kind of sitting there saying, I don't know if that guy's that guy.
Let me tell you who this person is.
After a million times of saying that, you may sit there and say, maybe I'm the dummy.
Maybe that guy is really a bad person.
And then you get recruited into the masses.
The hardest thing to do in life is to not get recruited into the masses.
It's one of the hardest things you can do because you're alone.
You have to stand alone.
And that is not easy to do.
So during that time, you are not the only person that did what they did.
There's a lot of people that did what they did that turn against this guy.
And then when the Durham report came out, they're like, oh, shit.
Okay, so I got to spin this.
And I got to say, we know Russia was involved in the election.
Yeah, they've always been involved in the election.
Can I make one correction to what you just said?
Go for it.
I don't know of anybody else who came from the hardcore mega Tea Party world, high-profile guy like me who left that world.
Justin Amash?
Justin Amash.
Bailed in 2017.
Hold on.
Justin Amash never voted for Trump.
Justin Amash never supported Trump.
I supported Trump, voted for him, and cheerleaded for him during that.
I love Justin.
Justin, isn't he a libertarian today?
Yeah, he's the AAA support.
But finish your point.
You're making a point before.
He left the Republican Party.
But Justin, to his credit, was a never-Trumper from the beginning.
All these Lincoln Project guys and most of these never Trumpers, they were never hardcore mega Tea Party Trump supporters to begin with.
I left that world.
I don't know of anybody else who did that.
That's all.
Pat, what, like, essentially what Joe's saying.
That he's not buying.
No, I don't know if he's not buying it.
I think he's just pushing back.
And this is fun.
I think we're all having fun here right now.
I think you are having fun in a weird way.
No, not weird.
We need more of this, by the way.
Pat, my question to you is, Joe's saying he went with what he believed in.
And there's a level of respect to that.
But what should he have done?
Looking back in hindsight, if he truly thinks that Trump is a narcissist, con man, psychopath, all the words you've used, what should he have done?
Should he have just like towed the company line?
First of all, let's qualify these words.
Narcissist, sociopath, psychopath, whatever, bipolar, hypomanic.
Take all these words.
There has never been a president that ran for president that didn't think about himself so much that they were not a narcissist.
So let's set that part aside.
No one's running to think I'm going to be the leader of the free world.
And you're very just a regular.
No, no.
So let's say that's the same thing.
I would say perhaps in the later half of the 20th century.
Listen, the moment media came out, you're not going to become president.
Anyway, Pat, anybody who runs for Congress has narcissism in it.
You have to have it.
But Trump's level of narcissism is on a whole nother level.
Off the fucking charts.
I agree with what you're saying, but it's.
It's not off the charts, guys.
It's not off the chart.
The only difference between Trump and everybody else is Trump can't hide it.
Others can.
Okay.
So don't get twisted like these other guys are saying that.
Nobody else is putting their names across buildings like Trump is.
Barack Obama.
Barockell right now.
I think all the congressmen are all narcissists.
Of course.
You need to have a certain level of ego to say, I'm the man for the job.
I'm telling you right now, the part that we all have a hard time is when the masses confuse us and we bought into something that was a lie all along.
Who are you talking about the masses, though?
Who's the masses?
Masses?
Are you like masses?
Every single mainstream media every day talked about that he colluded in Russia.
That's the masses.
Everywhere you went, everybody said that was the case.
Everybody you ever spoke to, that's the case.
They started flipping people on his own side to start believing maybe there was an involvement in there.
Everybody.
So that is the masses.
The minority was that sitting there saying, I don't know, man, I think we got to kind of like, you know, isn't the system innocent until proven guilty?
Is it guilty until proven innocent?
What is the system here?
And then that became the MO against who?
Everybody.
Kavanaugh, him, Clarence.
Everybody is guilty until proven innocent.
That system's not cool to approach.
So yes, the masses.
No, I'm not disagreeing with you.
The masses, the masses confused so many voters.
And voters sat there and said, maybe they're right.
Maybe they're right.
Look, so when my parents got a divorce, both sides told me bad things about the other side.
Okay.
My mother's family would say, your dad is this, your dad is that, your dad is this, your dad is that, your dad is this.
And I'm in the middle, I'm like, no, he's not.
No, he's not.
But they said it every freaking day.
No, he's not.
And in my dad's family, your mom is this, your mom is that, your mom is this, your mom is this.
I said, no, I know this about my mom, and I know this about my dad.
You ain't going to convince me on all the other stuff.
So I finally have to say, listen, I don't really care about you guys that much.
I care about my mom.
I care about my dad.
I don't care about you.
You're secondary to me.
My mom and my dad matter.
All of you guys are secondary.
If you want to have any kind of a relationship with me, you better respect my mom.
You better respect my dad.
If you can't do it, don't call me.
Just don't talk to me.
I don't need a friendship with you.
I don't need a relationship with you.
This is family you're talking about?
I need a relationship with my parents.
I don't need a relationship with you.
I'm going to be okay.
What's the moral of the story here?
It's very, very hard to be able to sit there and process issues from both sides and still not let your emotions get caught up.
I think Joe's emotions got caught up.
That's all I'm saying.
Go back to my initial question.
If you were Joe's concigliary, like if you were Joe's biz doc to you, what would you have told him?
Take a month before you make that kind of a big decision.
Take a lot longer and process it with a bunch of other people before you make a statement like that because you actually have influence.
Well, it sounds like it took him two years to make a decision to make a lot of time.
That's not how this works, man.
That's not how this thing works.
No, I get that.
All I'm saying is behind closed doors, you have to process that with people that you respect to say, here's where I'm at.
Okay.
And you can't just have all the people behind closed doors, people that 100% agree with you.
Time out.
And again, this is the part I don't know because I don't know Joe that way.
All I'm saying is when you jump like that.
Time out.
But again, to Adam's point, Pat, the fucking jump didn't happen in the night.
When Trump got elected in 16 and I'm supporting him, I've got an uneasy feeling.
And it took the course of two years before I finally said that's it.
And so, you know, my wife, my lovely wife who's listening to us right now, in many ways begged me not to.
Most of my advisors begged me not to.
Most of my political consiglioris begged me not to.
Every general manager of every fucking radio station I was on begged me to stop.
So people were in your ear saying, Joe, don't go against him.
Don't go against Trump.
Don't do this.
This isn't a move.
I can't.
But you did it anyway.
Michelle Bachman, Jim Jordan, many of my former colleagues in Congress, Mark Meadows called me, begged me to stop.
I can't think of anybody, Pat, who advised me to do what I did.
So I was in a room for two years with people saying, come on, Joe, what the fuck?
We can ride this out.
Yeah, Jim Jordan and Mark Meadows, people would call me privately.
I know Trump's a fucking ass, but you know what?
We can get through this.
We can get by it.
Bah, blah, blah, hang in there.
The party's going to be fine.
So I didn't have people begging me to do this.
But you saw some kind of an opportunity to do that.
No, you saw somebody.
No, no, stop.
And by the way, I respect the hell out of you, and I love your background, and I love what you have accomplished.
We all have strengths and flaws.
I was not born with a fucking money gene.
I've never been driven by money, much to my wife's chagrin.
So look, I'm a cause guy.
If you look through my life, generally, everything I've done, it's been cause-driven, and I do what I believe is right no matter where I'm going to sit financially.
You were a social worker at one point.
I was a social worker.
I was a teacher.
I mean, I'm just, I've never been driven by money.
So, so, okay, so go back to the question when you say, I don't regret voting for Biden.
For one reason.
So if The only reason is I wanted Trump to lose.
I didn't vote for Biden because I like Biden.
But you said it was an anti-vote.
Yeah, but that's not.
Completely, but that's not a, so to me, the anti-vote, and we've had this conversation as well many times.
I think the anti-vote is an emotional vote.
I think I'm being straight up with you.
Every vote is.
No, not necessarily.
I think most votes are.
You're right.
Most votes are.
But I think the logical vote is more the for-vote.
The emotional vote is the anti-vote.
Bullshit.
I think so.
Great.
We can debate that and talk about it.
I think the logical, for example, you hire somebody in a company and you bring the guy on board and you sit there and you say, well, let me tell you, man, I really like this guy.
If I really liked a person I was hiring, I'd hire my niece.
She's 14 years old.
I like her a lot.
I'd hire my nephew.
But I'm hiring somebody to get the job done.
Okay.
So when you hire somebody to get the job done, you don't say, oh my gosh, I'd love to go get hammered with this guy and party with this guy and play dominance with this guy.
You sit there and you say, this guy's going to get the job done, period.
Okay.
So if you can make, and by the way, I've made the mistake of the other way around.
I spent the first 10 years of my career in sales working with people I only liked.
I spend the last 10 years of my business working with people that I knew could get the job done, not just people that I liked all the time.
Now, if I can like them and they can get the job done, guess what?
We got a friendship.
We got a relationship and that's lifelong.
But I think when you say the only reason I voted for Biden is the against vote, I think that's where the emotion is.
I don't think you're alone, by the way.
I think a lot of people voted the way you did.
I think you could have voted for Trump or voted against him based on emotion or based on reason, whatever.
Statistically, the data shows that people generally vote for president.
It tends to be an emotional vote.
When you vote for your member of Congress or your mayor, your state rep, it tends to be more, you know, what are you doing about the potholes?
But generally, when Americans vote for president, it's an emotional vote.
Pat, you talk about getting the job done.
Look, again, I'm a conservative.
I disagree with almost everything Biden's done.
There were things Trump did that I liked policy-wise.
There were things he did I didn't like.
But the job of a president is to do a lot of things, and he did a lot of things bad.
He didn't get the job.
Such as.
Such as making sure the most important job of a president is to make sure that the laws of the United States are faithfully executed, to not be above the law.
Donald Trump repeatedly acted like he was above the law.
Every time Obama, when Obama was president, and we didn't pass a fucking law and Obama didn't like it, what would we always criticize Obama for?
The pen, the phone.
Trump did the same fucking thing.
He couldn't get his wall passed, money for his wall passed through the appropriate process.
So just find a fuck, sign a fucking executive order.
Trump did a number of those.
They both do.
I mean, both sides do it, but Trump did a lot of that as well.
That's a pretty weak argument on what things he didn't do right.
What else?
You know what he didn't do right?
He didn't defend the United States of America.
Bullshit.
Oh, my God.
Like, oh, give me a sleep and break.
You want to get back into policy.
His tariffs, I think, were horrible for America, horrible for America to China.
No, to Americans.
Americans paid for those tariffs.
But you're talking about the Chinese tariffs.
But wait a minute.
Okay, so so far, we have the following.
Let's kind of look, because what I want to get to, we've identified and isolated a couple concerns here.
One concern, which you just were straight up about it, it's like, listen, it was an anti-vote.
Phenomenal.
Emotional vote.
Let's set that aside.
Not emotional.
It's an anti-vote.
Anti-vote is emotional.
Yeah, so my interpretation.
That's my interpretation.
On the other side, on the logical side, I ask about policies.
said the law, okay, he thought he was above the law.
Okay, everybody does executive orders.
Well, you know what?
I'm not done with them.
Yeah, so number two, number two was you said he didn't defend America.
He didn't defend America.
And you say tariffs.
He didn't defend tariffs.
Which part of it?
You know, for different issues.
But for if you want to actually go deeper, I would love to see you go deeper on those two topics.
Go deeper on those two topics.
AA, I believe in free trade.
And so when Trump engaged in tariff wars with countries all over the world, those came back and bit Americans.
Americans paid for those tariffs.
American farmers were devastated by those tariffs.
That's just one particular deeper deal.
That's a statement.
No, no, no, no.
It's not a statement.
It is a statement.
It's like somebody wrote a word and here's what you say in the election.
You got to win and say that.
This is a long podcast.
The American people were hurt by those tariffs.
American farmers went belly up because of those tariffs.
They ended up paying for those tariffs.
For which tariffs?
And then on China, specifically.
Also, some of the things that we're talking about.
So let me ask you a question.
So let's look at the alternative.
So what do we do?
So let's just say we do a deal together.
Okay.
I'm the better customer.
You need me more than I need you.
Who should make more money?
I don't understand what you're saying.
Okay, in a business, okay?
If in a business we're doing business, I don't need your business, but you need my business.
Who should get the better deal?
The person who needs the other person.
No, Nope.
Let me say the one more time.
I'm slow.
I'm not picking up.
I totally get it.
I'll say it even slower.
Okay.
So there's two companies doing business.
Okay.
You desperately need the other company's business.
The other company, with or without you, they're doing fine.
Okay.
Who should bow down to whose policies on what to negotiate with?
I have to give the better deal to the guy I need as long as I don't put myself out of business.
There is no question about it.
Yeah, of course.
Perfect.
So if that's the case, who needed who?
U.S. or China?
You're saying China needed U.S. more than we needed China?
And there's not even a question on who needed who more.
China needed U.S. U.S. didn't need China.
U.S. helped China.
China without U.S. would not be anything close to what it is today.
So we went from not telling the history of how much U.S. contributed towards China's success, and now China is a behemoth, and our deals still favor China more than they favor us.
And they're doing whatever the hell they want to because politicians keep letting them get away with everything.
That's what we want to do?
No problem.
Here's the tariff.
These are our guidelines.
What are you going to do, right?
You're going to sit there and be like, oh, it's okay, let's keep doing this.
Oh, it's okay.
We're going to be doing it.
So from a businessman's standpoint, I totally understand what he did.
And quite frankly, none of the presidents, both on the left and the right, knew how to deal with a China, and he was the first person that he could do it.
So yeah, when you do a decision like that with tariffs, unfortunately, I said this on the podcast on Tuesday, and I want to kind of hear your thoughts on this and what you're going to say, is the following.
I don't think all the policies that America truly needs today, if a president ran with those policies, 0% chance they would win.
Let me say it one more time.
If a person ran for office today with policies that America actually needs, not what the voter will vote for, those are two different things.
Well, you got to explain what those policies are.
First of all, what we need is less entitlement.
What we need is, yeah, we need less entitlement.
What we need is military expenditure to be put more into cyber bio-warfare protection than we need other areas.
I'm with you.
What we need is to give incentives to businesses to keep creating jobs, not getting in their way.
What we need is an area of deregulation that's preventing the small business owners to agree because the barrier of entries.
I can give you 50 different things that we agree.
Pat, I'd agree with 49 of them.
But what I'm trying to tell you is I'm going to keep going with this.
And I think he was the first guy that was able to do that.
But sometimes policies you make, we were this close of breaking China.
We were this close of breaking Iran.
This close.
We were this close to breaking Iran.
We were this close to breaking China.
This close.
And then what happens?
Boom.
Someone ate a bat.
Huh?
Then someone had to eat a bat.
If he had another term.
If he had, if he had another term, if he had another term, China would be in a bad shape today.
Iran would be in a bad shape today.
And America would have been the leader of the world.
But because he was only in one termer, guess what?
China's now the leader.
And you got all these other guys that are stepping up.
Let me ask you a question.
Is there anything Trump did during four years that you didn't like?
I think he so, okay, so let's talk about that.
So it's a very good question that you're asking.
And I talk about this regularly.
Or anything he did that disappointed you.
He calls him out quite regularly, but go ahead.
I want to put words in your mouth.
I tell you right now.
So, for example, a lot of people in business disagree with what I say.
I have enemies in business for many different reasons.
I'm not slowing down.
I'm continuing.
I'm growing.
So people will say stuff about me and they'll say, let me tell you, Patrick this and Patrick that I'm Patrick this and Patrick that.
And I watch him.
I'm like, interesting.
You know, okay, cool.
Cool.
99% of what people say about me, I don't need to go and defend.
Completely.
His biggest flaw is he has to defend every accusations of him.
When you do that, it weakens you.
It doesn't strengthen you.
So, for example, take it look at Obama, what Obama did.
Obama got a million accusations.
What would Obama do?
He would just go dance, dance, dance.
No, no, no.
Forget policies.
Forget policies, but he knew how to dance with the criticism.
Trump doesn't know how to do that.
Now, some people may say, but that's why I like him.
Great.
He's a New York guy.
For many years, we said a New York politician will never be a president because America's not ready for New York president.
Chris Christian, we're not ready for something like this.
Too much in your face.
Okay, Jersey, New York, whatever you want to call it, right?
So for me, it was that standpoint that he picked the fight with literally everybody.
He could have avoided 99% of the fights and just imposed the enemies could have been China.
The enemy could have been Iran.
The enemy could have been mainstream media.
The enemy could have been those guys, not everybody else.
He would have gotten more done.
Yeah, he had New York brash, but he had California bruisability.
Everybody.
He's a fucking pussy.
Bottom line is he is.
Whereas Obama came from Chicago, where somebody hit you.
You kind of roll with it.
You're saying Trump's a pussy?
Completely.
He's a coward.
Oh, he's a bully.
All bullies are cowards.
I don't disagree on the bully side, but I don't know about the coward side.
He's an absolute coward.
Let me ask you this.
Did you like the fact that Donald Trump lied about the 2020 election, refused to concede, refused to participate in the peaceful transfer of power, and then led to what happened on January 6th?
So let me tell you how I'm wired.
You got to know how I'm wired, okay?
When the Russia investigation started on him, this is how I'm wired.
I don't know.
If they're right, that's dirty.
I'm talking 2020.
But I'm going to explain to you how I'm wired.
So when they said he's doing this, he's doing that, he's doing this.
I said, if this is true, dude, this ain't going to be a good look.
And Republicans are going to lose the vote for 20 years.
This could be a gold water type of a thing and could get very, very ugly for the Republican Party.
Okay, cool.
So 2020 election.
Argo came out how long ago?
30 years after Argo happened, which was when?
1978, 79.
When did the movie come out?
CIA has a basic 30-year rule or whatever the timeline is.
They got a 20- or 30-year rule, right?
30 years later, we really found out what happened at Argonne.
Okay.
So the election, what happened?
Yeah, I think we're really going to find out what happened in 2020 election in 2050.
So do you don't necessarily believe Biden won fair and square?
No, I don't believe.
I don't believe either one of them because I'm not on the inside.
So for me to give you a 100% answer, I can't give 100% answers and things I'm not involved in.
I can give you 100% answers and things I'm involved in.
I'm not in the White House.
Okay.
Yeah.
So you don't know if the 2020 election was legit.
Do you like the fact that Trump says it was stolen?
Yes, or no.
I think, okay, so let me, you ever lost publicly?
Yes.
Okay.
How much does it suck?
It sucks.
It sucks.
Okay.
All right.
So like you've been saying, the last six years you've been losing.
It sucks, right?
Whatever, since 2018, four years, your life, all this other stuff.
It sucks.
It's humiliating.
Nobody likes it.
None of us like it.
I don't like it.
You don't like it.
Trump doesn't like it.
Nobody else.
But what do real men do?
Hang on one second.
Hang on one second.
I'm going to give you my answer.
So Hillary loses 16.
What does she say?
Oh, it was Russia.
Stop.
I would have never.
Patrick, you're not being truthful with your audience.
I'm going to give you my answer.
But that's not true.
But that is true.
The first thing she did.
No, it's not.
The first thing she did on The View and everywhere else was she.
Pat, I love you, brother, but that's not real.
You're saying she never said that.
The morning after the 2016 election, the first fucking thing Hillary Clinton did was go on national television and concede.
That's what he said.
And congratulate Trump and offer to help work with Trump.
These are two different questions.
These are two different questions.
No, but you just said that was the first thing Hillary said.
Stop, but these are two different questions.
Let me give you, I'll give you the answer on both of them.
Number one, the moment Hillary lost.
Still having fun, by the way.
The moment Hillary lost, Hillary said there was the bots that helped Trump get elected.
You can't deny that.
Did she concede that night with the phone call?
Let me tell you.
No, she didn't.
Paul D. Podesta was in front of every microphone and she hit.
She's not the phone call.
What do you mean?
She went on national television the morning after the election, brother.
No, I'll tell you.
No, that's not no in front of the country.
Oh my gosh, you're not going to let me finish in this part.
Go ahead.
I'll tell you one part.
So in regards to Russia, she said that constantly for years.
Now, what I didn't like about what Trump did, here's what I didn't like about what Trump did.
The next president inauguration, whether they cheated or not, what are you doing not being there?
I don't like that.
If a country has traditions, traditions are above you.
You know what I like about what Michael Jordan said one time about LeBron James?
Here's what Michael Jordan said about LeBron James.
LeBron James made a comment.
He says, I believe there's one jersey in the NBA that needs to be retired forever, the number 23.
They asked Mike, you're from Illinois, so you know the story.
They asked Michael Jordan, what do you think about this?
You know what he said?
He says, no one man is bigger than the NBA.
I think Trump thought he's bigger than America.
I don't think he is.
I don't think anybody is.
So maybe that's your way of saying that you're disappointed that Trump didn't put the country's interests before his own.
The traditions.
Forget about the traditions.
Forget about the traditions for a minute, Pat.
What's best for the country is even if you got questions about the election, there was an election.
Biden was declared the winner.
I don't like it.
I'm fucking pissed off.
It was stolen from me.
But America comes first.
Our democracy comes first.
It sucks.
Biden won.
I'll help him with the transition.
I'll show up at his inauguration so the American people can see that this thing still kind of works.
You're disappointed that Trump didn't do that.
1 million percent.
Thank you.
11.
And by the way, I've been saying this for a long time.
I don't think there's a debate on this.
Yeah.
Million percent.
But Joe didn't know that.
He wanted to hear that.
I want to ask if you.
Listen, man, I'm living in America.
I'm nothing in America.
There's two ways I view myself.
One, I'm one person.
You're just one person.
You're just one board.
You can't really make an impact.
I know for a fact I can make an impact.
But I also think from the other side of bipolar relations, I'm just if I die tomorrow, the world's going to continue.
No, Steve Java was a massive guy.
He died.
We moved on.
When you and I die, we're going to move on.
This has been said in a lot of different scripture, a lot of good books, and you can read about it.
As much of an important person we think, we're going to move on and the world's going to move on with us.
I don't disagree with that part, but go back to logic.
Policies.
Policies.
You still have to make an argument for the policies.
You got Trump's policies.
Take Trump out.
Take Trump's method of communication out.
Take Trump's bullying style out.
Take Biden's method of knocking, you know, on the policy side.
Look where America is today versus when we were under Trump.
I said it publicly at the time.
I've said it every time since.
I am closer, obviously, to Trump's policies than I am to Biden's policies.
I made my decision that Trump's threat to the rule of law and democracy, and I think it played out during the 2011, to me was of greater concern than the policy differences.
Hang on.
Which is why.
Go ahead, Tom.
Can we address that?
Because you're talking about the rule of law.
So do you believe that Joe Biden legitimately won the election?
Yeah.
So we're not going to talk about the fact that they changed voting laws that they allowed without approval from state congressional boards that they allowed mail-in voting, that we had the least number of retracted votes ever in American history with the highest amount of mail-in ballots.
They eliminated voter signatures.
Mark Zuckerberg dumped how many hundreds of million dollars into creating his own voting laws, essentially.
All this stuff, right?
So Donald Trump, two things can be true at once.
Donald Trump can be incorrect that the voting machines were hacked, et cetera, et cetera, while at the same time saying that the rules and the laws were messed with because of COVID.
And also, so it was not Donald Trump who locked down the entire American population.
It was not Donald Trump who let the summer of love riots go on and happen.
It's not Donald Trump who accepted 10% from the big, like all these things that coming out.
So shit like that always happens.
But you made a great point.
And this is why Trump is so fucking stupid.
If Donald Trump, my friend, had said what you said, that, oh my God, we've got states that have changed their rules and we're making it much more liberal to vote by mail.
Oh my gosh.
If Trump had focused on stuff like that, instead of saying it was stolen voter fraud, Trump could have made a credible case.
So, but can two things not be true at once?
Donald Trump can be pompous and arrogant and, as Pat said, show it off more than the other.
Like, let's not forget, Barack Obama is building a $486 million plaza to himself in Chicago.
He wrote an 800-page autobiography.
Hillary Clinton in 2022 just came out and read her election speech.
Okay.
So every president is narcissistic.
But at the same time, Donald Donald Trump is not a threat to democracy.
The Republican Party is not a threat to democracy.
It's not the Republican Party that has a wide open border with 3 million illegal immigrants crossing.
That's what makes this a cool country because you and I can disagree on that.
We were living in a once-in-a-lifetime pandemic, health crisis.
So some states made it easier for people to vote by mail.
You can have a problem with that.
But then have that fucking discussion and talk about that.
And that's how it should have been talked about.
I tend to believe, right, in 2020, and I'm in the middle of a once-in-a-lifetime pandemic, states, because a lot of older people did not want to go anywhere in person to vote, states should do whatever they can to make it easier for people to vote in a health crisis like that.
Trump, if he had been smart, would have championed that kind of cause.
And by the way, guys, if Trump had been smart when we were hit by COVID, once COVID hit, I remember turning to people I knew saying, this could be a great opportunity for Trump.
He can lead the country through this.
This is like we're at war against a virus.
But he just wasn't capable of doing that.
But I also don't believe that accurate.
That's accurate.
Florida closed for two weeks.
Two weeks.
I was here the entire time.
And Florida was literally middle of the country in terms of COVID death rates.
I'm not talking about that, and I'm not disagreeing with you.
And if I had been a governor of a state, I would have been much more like Governor DeSantis in Florida than Governor Newsome in California.
I agree with you on that.
That's a separate issue.
I would not have locked down shit.
I'm not a lib.
I'm not a dead person.
Back to Pat's point.
Thanks, Tyler.
Thank you.
The debate that we have all the time that I catch a lot of flack from is policies versus personality.
Pat has a very unique ability to disregard all the BS that comes from a shitty personality.
And I do think that Trump is a lot of what you said.
But Pat has a unique ability to say, yeah, yep, he fights with enemies too much.
He says things that are horrible.
He probably shouldn't do that.
He's a bully.
But I have the ability to just focus on policies.
And that's how you can kind of grapple through a lot of what the disgust that people have with Donald Trump.
It sounds like you have a night.
I remember when you went on Bill Maher and he's like, let's go down the list here, buddy, right?
Okay, judges, you agree with that?
Boom, right?
Pipelines, you agree with that?
Boom, right?
You want to end Obamacare?
Boom.
All right, we agree with that.
Tax cuts, boom.
And like all the policies, 90% you agree with.
It's just that you couldn't get through his disgusting personality.
Love you, Adam.
It ain't personality, but you're right.
I probably agreed with 80% of what Trump did policy-wise, which is pretty damn good.
It's not just Trump's policy.
I'm sorry.
Personality.
Excuse me.
Personality.
Is he an ass?
Is he a bully?
Is he a coward?
I believe all of that shit.
I don't care.
I do care about that, but I don't.
When you act like you're above the law, when you abuse the Constitution, when you side with Russia over your own country, when you get the head of Ukraine on the phone and say, do me a fucking political figure a favor and dig up dirt on the guy I'm probably going to run against next year.
That's an abuse of power.
That's an abuse of the powers of your office.
That's got nothing to do with it.
And Pat, you can disagree with me on that stuff.
That's not personality stuff to me.
He's abusing the powers of his office.
That's my objection to Trump.
Joe, I see that too.
He acts like he's above, he did act like he's above the law.
I'm sorry.
I thought you paused there at the end.
I didn't mean to roll on you.
I did.
No, I did pause, so I get it.
Right.
When you talk about policies here, my wife's a teacher, and we run into a lot of very liberal, traditional union teachers, you know, but are wonderful people, dedicated educators.
And what's interesting is we've had this policy discussion, and it goes like this.
Do you think Trump's policies would have been better for the country right now?
And you have people who made the anti-vote.
And in a small room without people getting upset, you know, they'll say, well, yeah, I can kind of agree with that.
And I'm like, okay, so was there an unintended consequence to your anti-vote?
Yeah, there kind of was.
Oh, yeah.
And, okay, so you saw.
So, but if I voted to keep those policies, we didn't know Biden was going to do this.
We didn't know Biden was going to do that.
Okay, so you voted the anti-vote and you accepted that there is unknown about what those policies could look like versus the known policies that were going to be there.
And I take you back to Pelosi herself, who was at odds over the health care bill with Obama and said, it's on record, just remember, we're going to be here 36 years.
He's going to be here up to eight.
So there is an attitude about Congress about how long we're going to be here and how long we have to deal with any particular president.
And so even Congress goes that way.
But I think this is the way I think about it.
I think that the policies would have been better for America.
And yes, there's the pompous part.
I don't agree with everything that you've said.
But there was such unknown on the other side.
And I thought COVID and everything was a dangerous moment.
And to go from known policies to unknown policies, America has the unintended consequence that it voted for.
I knew, again, just speaking for myself, when I made that vote, I said publicly, I know that I'm going to disagree with most of what Joe Biden does.
I knew that.
It was a conscious decision of mine.
And be the economic recipient living in the country under those policies.
Completely.
By the way, your best friend here said this, if you can look at this, Hillary Clinton said Trump is an illegitimate president, and this is September of 2019.
That's interesting, Pat.
She's a sweetheart.
Well, hold on a minute.
Gotta love it.
Oh, yeah, that's three years after the election.
Yeah.
What do you think about that?
That's not right off the bat.
And she's still saying it three years later.
What an irresponsible woman to say something like that.
You don't like this kind of stuff, right?
She shouldn't be doing this.
So if that's irresponsible, then everything Trump said about Biden is.
That is irresponsible.
Okay.
So she said that.
She said that three years after the election.
That's the point.
That kind of hurts your argument, though.
No, it doesn't.
Yeah, your argument is Trump was saying that a year later, six months later.
She's saying that till today.
Trump's still saying that.
And Trump will say until he dies.
But why is it okay?
Why snap it?
But why does her stuff not get censored?
But God forbid somebody on the right says that it's illegitimate.
That's not okay.
Tell me how that's okay, but the other one's not okay.
There's a difference.
And by the way, that's not okay.
And I've called that out, and I'll continue to call it out.
Right.
But you didn't even know it was three years.
You looked at it, you're like, but this was until you realized that this was 19.
Because what I knew was this.
What?
When Hillary lost, the following morning, she conceded.
Let me finish.
She conceded in front of the country, congratulated Donald Trump, and said, I'll do everything I can to help him become a successful president.
Hillary Clinton then showed up at President Trump's inauguration.
Hillary Clinton participated in that transfer of power, even though you knew deep down she probably felt that way.
But she was man enough to do it.
There didn't have to know DPS.
Woman enough.
Because she may have done those things.
Woman enough.
There's a lot of controversy these days surrounding that.
Both things can be true.
She did those two things, okay?
But she also was then immediately on her own tour.
She was.
She was on the view.
That's where she kicked it off.
And she was everything else.
Was she at the inauguration?
You're right.
She was.
Did she take up her caban and stand in front of a microphone the day after?
Yes, she did.
But she was.
Isn't that, don't downplay that, my friend?
Isn't that really important?
Which part?
Those two things.
No, no, no, you heard it.
No, no, Don't fucking minimize that.
If you love this democracy and we are in a fucking divided country where we're at each other's throats and every election is close, and man, it's hard to lose.
It sucks to lose for you to stand up in front of the country so the country can know, yes, I concede I lost.
He won.
He won legitimately.
This is how our nation works.
I will do all I can to help him become a successful president.
Don't minimize that.
I'm not minimizing it.
I said both of you.
It's hugely important.
Joe, Joe.
Trump didn't have the fucking balls to do that.
But she also went to the inauguration.
And this is what Pat said.
Pat was very open about this.
He thinks that Trump should have gone to the inauguration.
Guys, I didn't say I gave credit already to that part.
That's already been addressed.
But for him, three years later, she's still saying it.
Today, she's still saying it.
Okay, just so everybody knows.
I think Joe Wood would solve a lot of things for you if you just came out and said you're a Democrat.
That would finish everything.
Just come and say, I'm a Democrat.
Go be like a Joe Manchin.
No, you know what?
You're right.
Why don't you just come out and say it?
Can you just announce it to the world?
You're officially a Democrat.
I'd love to do it, but I can't because I'm not a Democrat.
But to your point, it would make my life a lot easier.
Yeah.
It sucks not having a home.
But wait, what's wrong with being an independent?
What's wrong with being an independent?
There's nothing wrong with that.
More and more people should become independent.
I agree.
I've gone from being a Democrat to an independent.
But right?
You know, with your passion and your intellect, but we've gone off.
People could be saying Lieberman, Manchin, Walsh, and talking about.
Seriously.
No, I know.
So why not?
Because I think on policy, I disagree.
Do you think I'm being fair with that?
People who are on the edge of it that say, I'm not going to fly the whole flag, but this is where I'm going to go.
You're completely fair with that question.
When I look at policy, I disagree with Democrats.
I'm probably 80% of policy.
They want to get rid of Lieberman.
They primarily him.
He runs as independent, and he kicked their ass.
Joe, when is your birthday?
What month's your birthday?
December.
December what?
27th.
I know what gift to get you.
Oh, Pat, what?
Can I?
You know what I feel like?
I feel like this has been Ali Fraser.
December 27th.
I'm going to get an old school flip-flop from SportsMart champions, and I'm going to gift it to you.
Tell me what size it is.
I'll send you this flip-flop.
High quality.
What do you mean?
You're switching.
You're switching.
You're flip-flopping, man.
I mean, take a stand.
Maybe, but you know what?
I'll get Ferragamo flip-flops.
Higher quality so you can appreciate it.
I love you, man.
It's very easy to friend to call our friend Joe Walsh a flip-flop.
That's very easy.
I'm just putting it out there.
Yeah.
But it's very hard what he did.
It's not easy to say, I've been a Tea Party conservative my whole life.
Hear me out.
Hear me out.
I've been a Tea Party conservative my whole life.
Still M.
Okay.
Well, we can have a whole conversation whether that even exists anymore.
Right.
But he towed the company line.
I voted for Trump 2016.
And then took him a little longer than most Americans or half of American to realize, yeah, this guy really is a piece of shit.
And then he shot himself in the foot, the leg, and even probably even the stomach at some point, even in the brain, and said, I can't do this anymore.
But there's nothing wrong with that, Pat.
What do you mean?
I don't know.
So you're just saying that.
He's got a glass of wine right now to talk about.
So, Pat, you're saying that he should have just won that.
He's got too many five-hour hours to drink this.
Listen to what you're saying.
You're saying that he should have.
No.
Trump's my guy.
And just stick with you.
That's what you're saying he should have done.
You guys were all baptized by mainstream media and confused.
No, Pat.
People have eyes and people have ears.
They can hear what he's saying.
Oh, really?
People have eyes.
When he said in Helsinki, when Trump went up there and said, yes, I stand with Putin, and the next day he had to reverse course.
Let's stay.
A lot of people were discussing this.
Let's stay on that topic.
Stay on that topic right there.
Look at the economy today.
Look four years ago.
You're not in the situation.
COVID, Pat.
What do you mean?
Oh, so you're going to blame COVID.
Yes, that's exactly what I'm blacking.
That's exactly what I'm talking about.
Can I talk?
So wait a minute.
So you're blaming COVID for today's economy.
Are you also blaming Russia?
Are you also blaming Putin?
Are you also blaming Ukraine?
Are you also blaming?
Who else are you blaming?
COVID what?
COVID what?
Tell us what money printing?
How much money did Trump print?
But 2 trillion.
But wait a minute.
And then Biden printed $3 trillion.
You've got to give Trump some blame for all the money printing.
If that's what your problem is.
If with the inflation.
If it's because of COVID, which is your rhetoric, and you've got to blame that.
No problem.
Let's play that card.
Then why were gas prices $220 in December of 2020?
They were going up before Biden was sworn in.
By the way, Adam, you're right.
No, if you're going to blame Biden for what he spent on COVID, Trump did the same fucking thing.
Well, we know he's not.
Because he's a Democrat.
Don't become a Democrat and get a win.
No, no, no, Because I'll also blame Biden for the shit that he's done.
Both can be fucking up.
It's not a binary decision.
You cannot say that.
I can't say Trump's horrible.
I'm voting for Biden.
Biden's wonderful.
Both could be horrible presidents.
You take COVID.
Both can be bad.
But that's an emotional statement, which I'm not surprised.
Both of you guys are part of the emotional community, which I appreciate.
This is why there's some people in your life that can reason.
And that helps you out.
But I think emotions is good.
You know, I think it's a very entertaining place to be.
Yes, I have a heart, guys.
Not the tin man.
But pre-date, you said the bat about 30 minutes ago.
You threw that bat comment in there when we talked about China.
You also used air quotes.
You weren't watching.
And I said someone ate a bat.
So what I'm trying to tell you is if you play that card, and Florida shut down for two weeks, the rest of the country.
Florida shut down longer than two weeks.
Whatever the timeline was, but everybody's coming here.
I lived in Florida the whole fucking time.
We shut down for like two months.
No, you lived in Dallas as well.
You lived in Texas as well.
So don't get it twisted.
You lived in Texas for a minute.
It'll be down.
You're going to do a week.
Yeah.
Yeah.
But here's the point.
Go back to it.
Day before COVID.
Go a day before COVID.
February 4th.
How's America doing?
Financially?
No, to foreign ISIS, Afghanistan, China, North Korea, Iran, Palestine, Israel.
How's America doing the day before COVID?
Policy-wise, I so you're in the emotional politics.
But we were at each other's throats.
There's part of that where people hate each other.
No, no, no.
Why, though?
But Pat, multiple things might be going on.
The economy could be going well for most people.
Yeah.
But people could also have an undertone of people hating each other.
Do you realize the rhetoric?
Do you realize how scary it is for you, like a Pelosi, to have had control of Congress for God knows how many years?
They don't look up at presidents.
They look down at presidents.
They did the same thing for McConnell.
I don't know.
You did the same thing for Jim Boehner.
I don't think it's.
I don't disagree.
Yeah.
So if you're going to call out one side of the world, let me make my point.
You're going to keep interrupting.
Just tell them.
I'm going to care about that.
So both sides.
Let me finish.
It's okay.
You're screaming.
I like it.
So let me tell you where I'm at here with this.
If we know Congress looks down at presidents, they don't look up at presidents.
They don't say, oh my gosh, he's a president.
Behind the president.
Behind closed doors elected this guy.
He's got no influence as much as you guys think he's got him.
He's nobody.
Let's just freaking make him feel good on his ego.
He's going to leave.
We're going to keep controlling the policies.
And we keep playing our games and we have the card.
So we're invited to the same parties.
We'll, you know, keep using this to do insider training, make our money, go buy the big houses.
Just let this guy's ego go.
We'll go do our own thing, right?
No problem.
Okay.
Then all of a sudden, a guy shows up.
And this guy calls out all your bullshit.
Nonstop.
This guy says swamp.
This guy says all of this stuff.
Next thing you know, people are asking questions that you have not been asked for a while.
Do you think congressmen should be able to invest after having insider training?
I'm sorry, Ms. Pelosi.
Did your husband ever make any financial decisions after having insider?
No, we've never done that.
No, boom, that video goes viral.
Congress.
But even during that time is when it started.
That started.
That calling out started during that era.
It started.
Then a guy shows up and starts asking those questions and exposes it to America.
And Americans are sitting there saying, damn, if that's true.
And then they said, hey, guys, we got to freaking create a confusion ASAP.
Get people protesting.
Get people rioting.
Let's shut down the economy.
Let's do all this sudden.
Now we got monkeypox.
It's horrible.
Oh my gosh, we're going to die.
Let's use fear, The American person who are emotional, they fell for it.
And guess what?
We are in the state of affairs that we are in today.
Fell for what?
What do you mean, from what?
What do you mean?
You said they fell for it.
They fell for it.
Fell for what?
Of course.
They fell for the manipulation.
They fell for all the pinning against each other.
You fell for it.
COVID.
You fell for Russia.
You fell for Russia.
Don't deny it.
You fell for Russia.
You believed that was really going on.
You fell for it.
I wouldn't say about the Russia thing.
However, don't Trump go off of it.
Okay, answer this then.
You fell for Russia.
Why didn't you fall for Russia?
Did you believe Russia was here's the question I would ask myself?
You said I used to always ask myself, why couldn't Trump say one, one bad thing about Putin?
One.
He's a thug.
He's a murderer.
He didn't say one bad thing.
He didn't help his cause at all.
All he needed to say was, yes, Putin is a thug.
If you're going to deflect, if you're going to deflect, ask me the question.
I'm not deflecting.
I'm answering this head on.
No, you're not.
I'm asking you a question.
Yes.
The question is, did you buy into the Russia gate, whatever's going on that Trump's involved with the election?
Did I buy into a little bit?
Yes.
Yes.
Was I all in?
He's guilty.
Throw him in jail.
No.
But stop.
You did.
You asked me to answer the question.
Why did you not have any information?
I'll go back to my initial statement.
Trump did not once still answer.
I'm saying one time.
Trump did not say one bad thing about Putin.
I'm going to answer that question.
He went there in the Helsinki and said, I side with Putin.
And the next day he said, I meant to say, I don't side with Putin.
If you're not.
I'm sorry.
That's a little aggressive.
Okay, let me ask you a question.
If you're not going to answer that question, you don't have any credit.
Just answer the question.
No, you did not.
Okay, so you fell for it.
I'm going to look you in the face.
Ask me the question.
Yeah.
And I'll answer the question.
Did you emotionally fall for the fact that Russia was happening without having all the information?
I did to a percentage.
I didn't 100% guilty.
I said there's a high likelihood something's up here.
Okay.
Because if he didn't, if he wouldn't come out and say, I would never Putin did, like, if you wouldn't call Putin out, there's a problem with like if you're married and I say to the world, you beat your wife up every night.
What you should do the next day.
How about this?
Yeah.
If you said, hey, we really kind of think that your wife's been cheating on you.
Yeah.
I'll say, well, what proof do you have?
Well, you know, we saw her driving around.
She checked into a hotel and motel.
Yeah.
She'd been snooping around.
I'd say, it's not looking good.
I'd like to see more evidence, but based on what I'm hearing, it's not looking good.
And then if someone said, you see this picture of this gentleman that your wife has apparently been cheating on you with, and you asked my wife, hey, what do you think about this guy?
And she's like, yeah, he's a nice guy.
And she wouldn't say, I would never hang out with this guy.
He's a piece of shit.
And she only would say nice things.
Then I'd be like, all right, this is a little weird that the person that you're cheating on with, you won't even say one bad thing about them.
These are two different situations.
You use the analogy about the wife.
I give you the analogy of if somebody said to you, why do you keep beating your wife and you've never beat the wife?
The next day you're like, what are you talking about?
Like, do you want me to address this issue?
Yes.
I want you to address it head on.
I want you to say he's a thug and I do not side with Putin.
How hard would those words have been?
Okay.
But he doesn't believe that.
Was that your problem with him?
He doesn't believe that, though.
You guys are extremely naive, and it's great.
I'm surrounded by naive people.
Fantastic, guys.
You guys are emotional, naive people.
You can say that.
So you applaud Trump for not saying one bad thing about you.
One bad thing.
That's one.
Wait, wait, wait.
You've got four years to say one thing.
Wait, wait, Pat.
Do you like what?
Do you like that?
You guys are funny today.
No, no, no, Pat.
You can scream all you want.
No, she's not.
I'm going to listen to you.
Do you like what?
I've been listening to you guys.
If you want me to answer the question.
So answer this.
Do you like what Trump did that time in Helsinki in the summer of 2018?
If you were advising Trump before he stood with Putin in front of the world, would you have told Trump to say that?
Can I ask you a question?
Answer that one first.
Wait a minute for me.
Answer that one.
When negotiation happens, what part of the negotiation are you involved in?
I asked you a simple question.
When negotiation happens, what part of the negotiation are you involved in?
You have advised Trump to say that.
Yes or no?
Whatever he said, or he won't answer.
Pull up the argument.
What happened in Helsinki 2018?
Whatever he said or he didn't say, here's what you need to know.
Why didn't Russia invade Ukraine during his term?
You're avoiding that question.
Why?
You guys are avoiding that.
Oh, Pat.
You guys have been getting emotional due to Trump.
No, no, no, you are not.
We can talk about Ukraine.
That's a good separate issue.
When Trump stood in Helsinki with Putin, do you like what Trump did then?
Which part of the quote do you want my commentary on?
Pull up the quote.
Be specific.
I'll give you my commentary on it.
President Putin says it's not Russia.
I don't see any reason why it would be Russia.
If President Putin says it's not Russia, I don't see any reason why it wouldn't be.
Who's this?
This is asked if he believed the question was specific.
President Trump, do you believe your own intelligence agencies, which say Russia meddled in the election, or do you believe President Putin, who says Russia didn't meddle?
And these are the same intelligence agencies that worked night overnight to make sure that he was ousted.
So they had a backup plan that Cooney was against.
Then defend what Trump said.
But wait a minute.
Wait a minute.
So what did he say?
You're upset with the fact that he says President Putin says it's not Russia.
I don't see any reason why it would be.
Okay, let me tell you.
When he stood with Putin?
Let me tell you what my style would be.
You ready?
Here's my style.
You ready?
Go ahead.
Unlike being emotional, you know, guys like the two of you, I would say to him behind closed doors, now I got leverage in negotiating with you.
You're not behind closed doors, my friend.
No, no.
I think you missed the point.
You missed the point of what I just said.
If I sit there and I'm negotiating with you, if I sit there and I negotiate with you and I say this, you don't deliver on my asks.
You don't have my back.
I don't have your back.
It's a different game.
You can't come and say something like this and then behind closed doors, you're not giving me what I'm asking you.
You lose leverage with me.
So what are you supposed to say here?
Tell me what you're supposed to say.
So give me what you would say.
You're President Joe Walsh next to Putin.
Give me your words.
Yes, Russia meddled in the 2016 election.
You're a naive, emotional president.
That's why you're not a president.
Well, Pat.
Okay.
Pat, can I?
Oh, no, and let me finish.
That's why you're not a president.
Let me finish what I would have said.
Because if you would have said that, you could potentially cause the war.
Now America's going to get hit by because you don't know how to answer questions.
Let me finish the problem.
Let me finish my answer.
Yes, because I was asked, who do I believe?
I would have said yes.
I believe America's intelligence community.
Russia did meddle with our election.
But you don't know that for a fact.
Okay, hold on.
Yes.
Can I give you a question?
You don't know that for a fact.
Let me give you one fact, and then you guys can debate this.
And this is not a motion.
There's no name calling here.
He said, quote unquote, President Putin says it's not Russia.
I don't see any reason why it would be.
Quote unquote.
What did he do the next day?
Trump.
Let's talk facts.
What did Trump do the next day?
No.
No, Joe.
I know.
He went and he said, I'm sorry, I misspoke.
He knew I actually said.
I don't see any reason it wouldn't be.
I spoke incorrectly.
Trump came out and made a statement and said, I spoke wrongly.
Fact.
He went, is this a Trump?
Trump responded by tweeting that he had great confidence.
So the next day, he 100% reversed courts.
Are we not going to read the latter half of that tweet?
As the world's two largest nuclear powers, we must get along.
Okay, first of all, that's a separate statement.
Tyler, that has nothing to do with what he said there.
That's not a separate point at all.
Nuclear power, they should get along all the time.
Nobody wants to hear points.
But the point is, Trump reversed courts.
He made a mistake.
Because you know what happened?
In my opinion, this is my opinion.
Someone came to him and said, hey, Donald, you're in trouble.
You completely fucked up on the world stage.
You're going to need to go ahead and flip exactly what you said and pretend people are stupid and said, oh, I actually meant I wouldn't be.
It's the exact same situation when he said, I'm here with Tim Apple, the CEO of Apple.
And he goes, it's actually Tim Cook.
No, I said Tim Cook.
It's like, you said Tim Apple.
Adam, do you realize how much of a fool you look like right now?
I don't because I'm telling the truth.
Do you realize that?
Why am I a fool?
Because I told you the exact story that happened.
Adam, so that's emotions.
I'm reading quotes.
Can I?
You're going to keep doing this or what do you want to do?
So you're watching.
Wait a minute.
So you guys see this.
You guys having some excitement, right?
You guys getting aroused.
This is fantastic that you're getting aroused on the bond.
I don't find this.
Let me tell you.
So now, say that.
Fast forward to today.
Your vote, America's a shit show.
Nobody gives a shit what you're saying.
Whether there's any credibility to that or not, America's a laughing stock in the world today because of your vote.
Congratulations.
Phenomenal job, guys.
Awesome stuff.
You should be proud of yourself.
You should be able to brag.
So I understand you emotionally have to defend your vote.
No, you have to defend your vote.
I'm not defending myself.
Of course.
I have to defend your vote because.
How do I think Joe Biden's doing it?
It's not the point.
He's shitting the bed.
But it's not.
But two things could be right at the same time, Adam.
Trump could be a liar and siding with Russia, and Joe Biden can be a bad president.
Two things could be correct at the same time.
I want to believe, and I'm going to believe this about you, Pat, that if you had Trump's ear before he went out on that stage with Putin, you would have told him, advised him not to say what he said.
I think you would have.
You guys are living.
You guys are living in a.
But I want to believe you would have.
You guys live in a universe where unicorns fly and the never-ending story aggressively.
I probably wasn't live.
By the way, which is great.
By the way, Adam, you started this whole thing 15 minutes ago when you said, because you still don't buy this.
You said, what if Joe just did five years ago what he thought was right?
And you asked him, what would you have told Joe to do?
And then you went off on.
I think you saw an opportunity and you jumped on it.
And it was a wrong opportunity.
I think that's what it was.
I think a lot of people did what you did.
I think they saw an opportunity.
And They said, let me go.
But that's like, you can also say the same thing to Liz Cheney.
You can also say the same thing about Adam Kinzinger.
How many people have voted?
How many Republicans?
These are guys.
Listen, these are guys.
Again, do not be naive when your entire life has been playing politics and getting all the fringe benefits of being a lifelong politician.
And a guy shows up with no politic experience and whoops your ass.
It's public humiliation.
But whoops, you're on another road.
He didn't whoop Liz Cheney's ass or Adam Kinzinger's ass.
These are people.
No, no, he didn't.
Anthony Gonzalez.
He didn't whoop Liz Cheney's ass.
You called the father.
You're supposed to do what she's doing.
Liz Cheney's supposed to do what she's doing.
What's your point?
No, but Liz Cheney was one of 13.
But no, no, Liz Cheney.
Go down the list.
Anthony Gonzalez in Indiana.
Liz Cheney.
Adam Kinzinger.
They're all gone.
Adam Kinzinger is who?
You tell me who respects an Adam Kinzinger today.
Well, that's the problem.
That's the problem is that.
Which is what?
It's equivalent of an Andrew Yang.
Yeah.
Okay.
He's basically saying, yeah, I was a Democrat, but I can't condone this.
And I have respect for that.
It's the same thing as a Republican saying, I'm a Republican.
I've been coming all my life, but I can't condone this.
I have respect for that.
You say all the time.
The people that call out their own party is who you have to.
Lower Adam 5% is very loud.
So you have to, and I'm telling you, tell Eric to lower 5% is very loud.
So you have to understand that is still being opportunistic.
That's fine.
Joe's on opportunity.
He says, let me go against Trump.
I don't think he's going to get re-elected.
I think there's an opening for that.
What was the opening?
How did that help his life at all?
That's a bad decision he made.
I agree.
Okay, yes.
But he was being opportunity.
From a career standpoint.
Yeah, but he was being yourself in the mirror standpoint.
There might be a difference.
Looking yourself in the mirror today, you look like a fool.
Pat, you look at it.
Looking yourself in the mirror today.
If you look at, guys, what happened to the Fed rates yesterday?
What happened yesterday?
Tell me.
It was raised by 75 base Fed.
Where are we at right now?
Two and a quarter base Fed rates.
So right now, 30 or fixed is what?
30 or fixed right now is what?
Six and a half.
Welcome to the Biden administration.
Your vote.
Your vote.
Phenomenal job, guys.
I'm going to go.
How's inflation doing?
How's inflation doing Pat?
How's inflation doing?
Tell me how inflation is doing.
Pat, I'm going to send it.
9.1%.
If you guys want it.
So now when it's logic, you're silent.
Emotion, you're fired up.
Pat.
Logic.
Oh, my God.
So it's only Biden.
I've told you already, I didn't support Bay.
I've never supported bailing out since Obama days.
I agree.
I've never supported bailing out.
I'm for right now.
I tweeted this the other day.
The only way we're going to get through this where 20 years from now, everything's going to be all right, is you got to let the too big to fail fail.
So check.
And this started when?
When did quantitative easing start?
Under who?
08, Obama.
Well, under George W. Bush and then Obama.
Okay.
Do I support quantitative easing?
You do not.
Okay.
Do I support what Trump did when he put $2 trillion and they said, here's what we got to be doing?
I've never said send out.
The only reason I said that is one reason.
One reason only.
You can't ask restaurants to shut down and not go to work and make them non-essential and not bail them out.
You can't do the two can't go together.
Makes sense.
So I don't think you should have shut down restaurants in the first place.
I don't think you should have shut down churches in the first place.
Those are states.
They're government and Democrats.
That's our friend.
Then they're coming in and saying, hey, if we're shutting these guys down, what do we need to do?
So he's being advised on what do we need to do.
He's got to kind of think about it.
You're saying Trump.
Yeah, but I see that.
Yeah, but the CARES Act had five different parts.
I still don't support it.
I'm telling you, I still don't support it.
So you're calling out Trump for what he did, just like you're calling out Biden for what he did.
I've been doing this.
How much of it?
I've been doing this for six years.
Serious question.
It's a business question.
How much of inflation today is because we printed all that money?
How much of that inflation is today?
Yeah, I'm not even saying who printed it.
Just the fact that it was printed.
40% of all the Very big role.
Okay.
Very big role.
$2 trillion was printed under Trump and $3 trillion under Biden.
One more.
Again.
So both are guilty.
No, no.
Again, when did the first printing happen?
What year did the first printing happen?
2020.
What month?
March of 2020.
Okay, so what was gas prices in December?
That's different from inflation.
What was inflation?
Go to inflation.
What was inflation in December?
2020.
Before we printed the money, inflation was 2%, if not less.
That's after.
Okay.
What was inflation in December of 2020?
December of 2020?
Because we had already printed the money.
Yes, we have.
Three quarters ago.
What was inflation in December of 2020?
Around 2%.
1.4%.
Okay.
What was inflation a month before Ukraine?
A month before the budget was February of 5%?
7.4%.
Okay.
So what's your excuse now?
Let's hear it.
I'm asking how much...
He's not making...
I'm not talking about gas prices.
Whatever.
What I'm saying to you is policies have consequences.
I agree with you.
If you take COVID out, if you take COVID out, you'd be sitting here.
Economy.
You'd say if you take COVID out.
But COVID was a great opportunity for you.
My uncle had a penis.
Should be my uncle.
But COVID exists.
COVID was a great opportunity for the left.
They capitalized off COVID in a phenomenal job.
And the two Democrats that are sitting on the right.
And that's what any political party would do.
That's what you saw.
And by the way, coming back.
That's true.
And the unintended inflation.
Look, Pat, I enjoy this and I love chatting with you.
But, brother, again, just be real with me.
I'm not a Democrat.
You can call me a son of a bitch and a dishonest opportunist.
I'm not.
You said you are glad you voted for Biden and you said you're happy you did.
So you've had a year and a half to assess that vote.
And I don't regret that vote.
Okay, so what do you think the situation today, the situation we're in today, why are we in the situation we are today?
No, no, no.
Stop, my friend.
Exactly.
Let's get emotional.
No, listen.
Why are we in the situation we are today?
Tell me.
I asked you a specific question.
Which is what?
Am I a Democrat?
Based on what you're saying that you don't regret your vote?
Of course you're a Democrat.
That makes me a Democrat, even though I'm not a Democrat because I'm not because you supported policies of a Democrat.
Pat, if I vote for a Democrat or Republican.
Pat, Republicans and independents vote.
If I claim I'm non-emotional.
It's a nice podcast, but you claim fucking deal in favor of the public.
If I claim I'm not emotional, if I claim I'm not emotional, which you're saying you're not, if I claim I'm not, what part of your vote today?
Did independents vote for Biden in 2022?
What part of your vote today?
Just done listening.
Because you haven't answered my question.
How much longer is this, guys?
You haven't answered my question.
I'm having a ball.
You haven't answered a question yet.
No, you know, I'm sitting five feet from you.
Three feet.
Three feet.
And I'm telling you to your face, I am not a registered Democrat.
What part of the policies you voted for are you happy with today?
I'm not happy with.
Let me finish a thought.
I want to hear it.
As I've said before, I'm not happy with the vast majority of policies Biden has done.
I'm not a Democrat.
I don't regret my vote.
Plenty of independents and Republicans voted for Biden too, Pat.
They're not Democrats.
Maybe they regret their vote, but they're not Democrats.
But that's a difference, though.
No, you called me a Democrat.
That's a different, though.
You supported.
You're un-American.
You supported Democratic.
Un-American.
You can't say that without a word.
How would you say that?
It's your opinion.
Because he's calling.
No, no, exactly.
How stupid, Adam, is it for me to say that?
But if you can validate.
If you can validate the point.
Pat sits there and says, but if you validate the point, I'll take it.
I love you, man.
And this isn't emotional.
If you validate the point for me, there's no point.
Well, Pat, then tell me your policies.
No points.
What policies you voted for?
What policies you voted for?
Pat.
Are you happy for the vote?
Pat?
Yes.
I'm not going to tell you a damn thing if you continue to call me a Democrat.
Then tell me what policies you don't support.
No, no.
Then tell me what policies you don't.
I'm not.
Then, then.
Then I'm a Democrat.
Because tell me the policies.
Hey, Tyler, how much longer?
Tell me the policies.
Okay.
Joe, you can get up and leave.
I'm totally fine with that.
We'll open the door for you.
I may.
And it's going to be fine.
You're going to stay there.
You're good.
No, no, no.
I'm totally okay with that.
This is not emotional.
Yeah.
It really isn't.
So they give me a logical answer.
I'm not.
No, no, stop for a minute.
Yeah.
You said it's not emotional.
I left the Republican Party two and a half years ago.
Yeah.
I did not join the Democratic Party.
I am an independent right now.
So do not call me a Democrat.
But tell me what policies you supported that today are working of Biden's policies.
I'd have a hard time picking.
I can give you one.
Sure.
I'm glad Biden got us out of Afghanistan.
I'll give you two.
I like the simple infrastructure bill that of the bipartisan infrastructure bill that Biden signed into law.
Those are two that I approve.
The vast majority of things Biden did, I don't support.
So you support the way we left Afghanistan?
Absolutely.
I support us getting out of Afghanistan.
Well, let's clarify that.
Do you support us getting out or you support the way we left?
I'll answer that.
I supported us getting out.
Because that started under Trump and the Doha Agreements.
Hey, my friend, yeah, that was a promise of Trump's that I supported.
And I'm glad Biden got it done.
And I believe that anyhow we, any way we would have gotten out of Afghanistan was going to be ugly and messy.
And it was, but I respect Biden for having the balls for doing it.
Yes.
PPD, let me ask you a question.
Yeah.
You say this all the time.
This isn't like a setup punchline.
Who controls America?
Who controls America?
What do you mean?
Okay.
As far as voter blocks, who controls America?
12%.
Okay, exactly.
That's the answer I was looking for.
And where are these 12% typically located?
They're all over America, but there's a specific region that Hillary didn't visit, let's say.
You're saying non-red?
Non-red state.
No, I'm just saying, Wisconsin.
Exactly.
The quote-unquote blue wall that broke in 2016.
Right.
So you're talking about evolving Rust Belt.
Yes.
The Rust Belt.
And Joe's from what state again, Joe?
Illinois.
Rust Belt.
Okay.
I'm talking Michigan, Ohio, certain parts of Pennsylvania, the western part of Pennsylvania, Illinois, Iowa.
That's what it's Hillary.
You're talking about places.
Oh, it's always in balance.
And this goes back to the point you're making with Joe.
Those same people that voted for George W. Bush in 08.
Yeah.
I'm sorry.
In 2000 and 2004, those same people voted for Obama in 08 and 12.
And then those same people voted for Trump in 2016.
And then those same people voted for Biden in 20.
Those people, those 12% independents, they control America.
Like, I'll give you an example.
My grandmother, God bless her, 90 years old.
She voted for George W. Bush.
She voted for McCain.
She voted for Obama.
She voted for Trump.
And then she voted for Biden.
She's not anything.
Like, you're trying to pin him to be a Democrat.
Those same people flip-flop each election.
And that's the why.
That's why I accept flip-flop.
You're right.
Okay.
You just validated my point.
I just said 20 minutes ago.
I was enhancing your point.
But the point is that Joe's saying is like, I can go back and forth.
I'm not him.
I can't be labeled Democrat.
You can go back and forth from Republican to Democrat to independent, whatever.
He can go from a Republican to an independent to a Democrat, back to an independent, back to a Republican.
He can do whatever the hell he wants to do is.
There's a difference in what you're registered as versus what you vote for.
What I'm saying to you right now is when you vote, you're voting for policies.
What policy do you support?
No, Pat.
That's a part of it.
The logical vote.
That's part of it.
The logical vote.
As you know, most people are.
That's why part of this walk.
But I gave you credit saying Pat has a unique ability to remove emotion and focus on logic.
But most people can't do that.
Pat, don't speak for everybody.
When you vote, you vote on policies.
Respect.
I think that's what we got.
But not everybody.
I agree.
And I think more of us need to vote on policy.
Now we're finding common ground, guys.
Look at us.
I think more of us need to vote for policy.
There you go.
So we agree.
I think we need to get less on voting emotional and allowing the mainstream media to confuse a hell out of it.
You're right.
But it's hard to do.
I just say when you're doing it, it's easy.
I started off talking about it.
That's like saying, guys, you need to be in shape.
I agree.
70% of America is overweight.
You know why I love that?
That's hard to do.
You know why I love free enterprise.
You know why I love free enterprise.
You could probably write a book about that.
You don't know why I love free enterprise.
Let me tell you why I love free market.
Do you know what's the great thing about free market?
Free market will tell you if you're doing a horrible job very quickly.
And there is no debates.
Everybody knows.
You know what's the thing about politics?
You can spin all day long and people don't know because there's not a way to measure.
You can spin all day long and the best spinners do very well in politics.
Yesterday, who's the press secretary of Obama of Biden?
Who's the press secretary of the same person?
I have a hard time saying her name.
Jean-Pierre.
Okay.
Did you see what she said about recession?
We're not in a recession.
Did you guys try to change the definition of recession?
No, we are not in a recession.
Are you not familiar with the NBRA or NRBA where 19 such story?
Let's focus on that.
So it's the ultimate spin zone.
So for business people, you can't say you're in a board meeting, hey, can you tell me why last quarter you were down 42%?
That's not true.
We're not down 42%.
Let me tell you what we really are.
We really are up 82%.
No, no, you're down 42% of your revenues.
That's not true.
But that's exactly what it is.
So in free market, there is no room for spin zone.
Maybe a month, maybe a quarter, maybe six months.
You ain't going to get away with it for long term.
You're eventually going to get fired.
But in politics, spinning is an art, and some have it and some don't have it.
There you go.
So emotion works.
Would you say that, okay, so what's the technical definition of recession?
Two quarters.
Two quarters.
Declining GDPs.
So in the first quarter of the year from January to April, right, first quarter, we were down 1.9%, I want to say.
Now, the number just came out today, breaking news.
We're down second quarter GDP, 1%, 0.9% to be exact.
So technically, by definition, we are in a recession.
Right now, this is happening.
This July 1st was Daniel's recession.
And I said in a video in June, I said they're going to redefine the recession.
And I said they're going to try to get this thing to not be called a recession until after midterms.
You're not lying at all, right?
So that was the truth.
Would you say, Joe, would you say that we are currently in a recession?
I'll leave that to the experts.
It sure feels like it.
Hold on, because I'm not an expert, but this is stupid.
For Biden and his administration to be wrestling with trying to define it is just idiotic and wrong.
What choice do they have when someone in the media says, Joe, we have now entered a recession?
What choice do they have?
How about lead us out of it?
You don't think they're trying to do that, Tom?
Well, no, they're trying to do.
You don't think that they are trying to do that?
You think they're like, we love a recession?
What are you saying?
Of course they're trying.
Hey, Kim.
You don't think the salespeople are trying?
Yeah, but the three that aren't doing well, just got to let them go.
Let me ask a question from Joe.
Joe, do you want to be here or do you want to leave?
No, I'm fine.
You sure?
Yeah.
If you want to leave, let's open the door so you can get out of here.
No, no, I'm fine.
Okay, because we're going to get into policy.
You're going to get into issues today that we want to give commentary on the last 30 minutes, if you can handle them.
Yeah.
I can generally handle them.
I want to make one more point before we get into that.
Let's do it.
And I'll push back on you, my friend, though I know you meant well.
I'm not flip-flopping.
I appreciate the birthday present.
I'm not flip-flopping on anything.
I would be a flip-flopper if I renounced everything I believed in.
I still believe everything I believed in.
I made a conscious decision to oppose Trump, not changing what I believed in.
So Biden's the first Democrat I've ever voted for in my life.
I'm still a proud Tea Party free market conservative who made a decision that, Pat, you may disagree with, but I have not changed who I am.
That's all.
That's all I want.
My God, can't there be conservatives who oppose Trump and conservatives who support him?
Yeah, but you guys are a dying breed, unfortunately.
Well, you made the point, Adam.
There's no room in the party for us.
Adam Kinzinger and I are best friends.
Really?
Adam, we got elected together, same state.
Adam knows the only reason Adam didn't run is because he couldn't win a primary.
Liz Cheney's going to get her ass whooped next month.
By the way, do you know Catalina Loft?
Yes.
Yes.
Great girl.
Right, but she's doing what you need to do to be successful in this party because it's what?
Which is support Trump.
That's all.
If you want to win a Republican primary, that's what you have to do.
Liz Cheney is going to lose.
Adam Kinzinger has no future in the party right now.
I know Pat wants to get to topics, but no, Adam Kinzinger, it's not that he pushed back on Trump.
It's that Trump is the threat to democracy.
Trump's going to bring down the United States.
Trump is everything that they refuse to see the leftist.
You can push back on Donald Trump.
Okay.
Jim Jordan has done it.
Kevin McCarthy has done it.
Mitch McConnell has done it.
You can push back on Trump.
It's the threat to democracies.
It's the, I'm going to cry because you guys were so brave on January 6th with the insurrection.
It's all that bullshit that it's like, no, this is absurd.
You're not looking at it.
Tyler, give me one Republican who has publicly said I oppose Donald Trump and won a Republican primary.
Just that.
I oppose Donald Trump, and if he's the nominee in 24, I won't support him.
Give me one Republican who's won a primary.
Okay, saying that.
Give me one Democrat that didn't said I don't support Obama.
What is his name?
The former.
What I'm trying to say is give me in any, you know, if there are.
There's a lot of Democrats who are saying that about Biden.
Yeah, absolutely.
Yeah, because they have to distance themselves from him.
Wait, wait, wait.
We have to talk about what's going on right there.
And Joe, go ahead.
We can be honest about this, right?
Right now.
Why do we have to say that?
Aren't we all just being honest?
Okay, then I won't say anymore.
What the fuck?
Come on, guys.
I thought everybody up here is going to be honest.
Okay, here we go.
Right now, and it's a fact, leaks have been coming out, the DNC is pressing for, you know, soft-handed articles that clearly show Democrats or the voting public and certain other people do not feel Biden should run again.
And some of these articles are a little critical.
Some of them are very soft-handed.
An independent Quinnipec poll said 64% of Democrats in these three states feel that Biden shouldn't run again.
Why is the DNC doing that?
They're doing that because they're trying to clear the way to have a primary in a non-confrontational way by saying, you're an idiot, you're done, we're going up against you.
They're trying to let the primary be a fait accompli at the end of all this with what's going on.
Probably right.
I think most Democrats, I think, don't want Biden to run again.
Democrats are not.
And why is that?
Here, Pat has some notes.
Let me read this story.
75%.
Let me just read the story and we'll get into it.
CNN poll because it's not a problem.
Because they're having to run against reality and not spend.
They're having to run against the economy.
CNN polls.
Not a Fox poll.
CNN poll.
This is not a Fox poll.
CNN.
July 27, which is just a day ago or two days ago.
75% of Democratic voters want someone other than Biden in 2024.
New poll finds that 75% of Democratic and Democratic-leaning voters want the party to nominate someone other than President Joe Biden in 2024, a sharp increase from earlier this year.
In January, February, 51% of Democratic and Democratic-leaning voters said they wanted someone else.
It's gone from 51% to 75%.
That's a 50% increase, by the way.
The poll comes as Biden's approval rating remains low, and most Americans are disconnected with the state of the country and the economy.
Inflation remains high.
A new report released Tuesday showed consumer confidence slipped for the third straight month.
The poll also showed a majority of Republicans and Republican-leaning registered voters say they do not want former President Donald Trump to be their party nominee in the 2024 president election.
55% say they want someone other than Trump to be the nominee, which is up from 49%.
So from 49 to 55, that's a 6% increase.
And from 51 to 75%, that's a 24% increase.
Thoughts?
Adam?
Adam?
Well, I'm not shocked about Biden at all.
I think as someone who voted for Biden, I would not vote for him again.
That's not being emotional.
That's being logical.
I didn't know you voted for Biden.
Yeah, I'm not a Trump fan.
I don't know if you've got that memo.
But I compared to Trump being a drunk driver, and I just wanted someone else to drive us home.
Clearly, the new driver that we have is also asleep at the wheel.
So, again, you could, it's not a binary decision.
I've said very explicitly, I would love, love, love, love, for whoever the next president is to somehow get 60% approval rating.
When's the last time we had that?
In America.
I'm an American.
I love America.
This is the only country I've ever lived.
This is the only country I want to live.
I would love for Americans to get along.
I hate the fact that we're at each other's throats.
I hate the fact that during the 2020 election, friends or people that I dealt with, we couldn't talk to each other because we voted for different presidents.
I don't think that's a good look for America.
And I don't think Trump is the answer.
And I certainly know that Biden's not the answer.
So whoever it is, whether it's a DeSantis, whether it's a Nikki Haley, whether it's a freaking Mike Pence, whether it's a freaking Newsome, I don't care who it is.
I want whoever the next president is to have a 60% approval rating.
Now, you might say, Adam, that's never going to happen.
You're crazy.
But call it wishful thinking, but that's what I want for America.
Joe.
I don't think that's probably possible for a while.
Because, look, and Pat, if you and I sat down over tequila for me and whatever you drink.
Old-fashioned.
Okay.
Your vision of America and my vision of America.
I'll take one right now.
I may have my first tequila of the day.
Our visions of America.
Our visions of America is probably similar, really close.
I believe in a country of freedom, free markets, and a government that generally leaves us alone.
That's my vision of America.
I think we're so divided, Pat.
And this was before Trump.
Trump didn't cause this divide.
He's just an ugly consequence of the divide.
But I think we're going through like a revolution-y period right now where most Americans no longer agree on this basic principle of what it means to be an American.
So I think we're divided for a long time.
I think it's going to get uglier.
The Democrats are in a lot of fucking trouble because Biden is too old.
He's incompetent right now.
They don't have, there's nobody else waiting.
The Republicans have their issues.
It's going to be tough.
Who would you like to see run in 2024?
I have no idea.
If you know, you have to give an opinion.
I mean, it's a hypothetical.
Who would I like to see?
Who would you like to see on the Democrat side and who would you like to see on the Republican side?
I assume it's not Trump or Biden.
I'd love to see some Democrat from outside of Washington give me a good, competent governor.
I'd love to see a Republican that's a free market, free, limited government.
Don't name names, Joe.
You know people in politics.
You know names.
That's not a Trumper.
I can't think of one.
So are you saying you want a Gavin Newsom versus DeSantis?
I don't want to put words in your mouth, but you're saying you want a governor and then someone outside of Washington.
Who do you want to?
You know names.
I think Newsome, even though I, again, I probably disagree with him on most things, I think would be a really interesting, attractive candidate.
I think a guy like he's in Washington, Ohio Senator Sherrod Brown.
I think the Democrats need a fucking fighter.
I think they need a Democrats have become the party of like elite, woke, wealthy people.
I don't disagree.
And they need a fucking blue collar.
Who do you want to see on the right side now?
You know, since you were a Republican your whole life, who would you vote for in the Republicans?
There's nobody right now that I would support.
Zero.
You wouldn't support Mike Pence.
You wouldn't support Nikki Haley.
There's no one on the Republican side he would support.
So, show, show.
My red line.
Yeah.
Look at that.
He's okay.
I don't have to say anything.
I'm just validating my red.
He's a snake.
He's about to say.
I can hear it.
Joe, you're a Democrat.
No, I just.
We're past that.
But I want to know what Republican you would vote for.
I cannot and will not, because I publicly said this, I cannot and will not vote for any Republican who voted for Trump in 2020.
I mean, come on.
What?
Any Republican who, after four years of that guy, still voted.
So you're doubling down on your opinion.
No, that's my opinion.
But I'm not saying that's a wrong thing.
No, but you're doubling down on it.
So the only Republican I'd support is give me a good Republican who didn't vote for Trump in 2020, and he's a good, hard conservative.
I'm going to ask a question to see how people are going to react.
If you think from listening to Joe for the last hour and 40 minutes he's a Democrat, give it a thumbs up and subscribe to the channel.
Let's see what's going to happen.
People may see what's going to happen.
People will.
I don't know.
Maybe we're starting a new movement and we're going to hear an announcement here next couple.
But when you say anybody that voted for Trump, it's only my red line.
I get that.
But who does that?
Who do you have?
That's everybody.
That's Bill Barr.
That's McCarthy.
All these people are going to vote for Trump in 2020.
Bill Barr is not going to run for president, thank God.
But anybody running for president.
You asked earlier, by the way, Liz Cheney and Adam Kinzinger voted for Trump in 2020.
Let's not forget that.
They campaigned for Trump and voted for him in 20.
They didn't turn on Trump until after January 7th.
Wow.
I did not know that Liz.
Liz Cheney campaigned and voted for him.
So, yeah, that's my red line.
That puts me in a real tough spot.
That's probably why I'm going to be an independent for the rest of my fucking life.
Unless the crowd calls you a Democrat, apparently.
I'm sick of these crowds.
Honestly, I'm sick of it.
One more person because Joe Democrat is going to hear from me.
Joe, what's wrong with being called a Democrat, though?
I'm not calling you one, but what's wrong with you?
No, no, I have no, I don't mind that.
My problem is when I look a good guy in the face and say, I'm not one, but you are, I'd have a problem with that.
Come on.
Okay.
Let's have a good discussion, Professor.
Freaking stop it, PBD.
He's not on America.
Getting back to the main point, PBD.
I was born in Iran, made it America.
BizDoc, sorry, go.
So getting back to the main point on this, I think that the I made my point a few minutes ago.
I think the DNC is trying to use soft articles that don't really personally go heavy, heavy, heavy on Biden.
They don't want Biden to be the nominee.
What does that sound?
Are you hitting something?
Oh, I'm sorry.
That was me, my foot.
For the record, that was the Democrat, Joe Wallace, tapping my foot.
Can't trust those goddamn devs.
Let's talk next topic.
Fed prepares another mega-size rate hike, risking deeper economic downturn.
Fed policymakers remain laser-focused on bringing inflation under control as higher prices prove persistent, even if it triggers a recession.
Fed chairman Jerome Powell told reporters last month that failing to restore price stability would be a bigger mistake than crushing growth and causing a downturn.
Central bank policymakers raised the benchmark interest rates by 75 basis points in June for the first time since 1994 and signaled that another increase of that magnitude is possible in July.
But 100 basis point rate hike could be also on the table.
Now, didn't they announce that they did three quarters of a point?
Because this is not saying they did yet.
This may have been yesterday morning and they did it yesterday afternoon.
Okay, so check check to see if they made the announcement.
I thought they already raised it.
No, they did a month ago.
And now there's another rate.
I know.
I thought there was another one yesterday.
Yeah, that's correct.
Put a round.
Did that go through?
I thought yesterday.
Put news.
Tyler, I think it was a three-year-old.
Three quarters of a quarter.
225 or 42 years ago.
Yesterday, July 27th.
Okay, so go up a little bit.
Let's read the article about the public.
The Fed funds rate is now what?
Two and a quarter?
That's correct.
Two and a half?
Yeah.
Multiply by three, round down a bit, and that's usually mortgages.
Multiply times three.
And round down a bit.
So what's two and a quarter times three is 6.75.
Round down a little bit.
There's your 30%.
Well, what's crazy that just breaking news from CNN, U.S. mortgage rates have now dropped.
You wouldn't expect that to happen.
Why?
Right?
The 30-year fixed mortgage rate falls to 5.3.
This is down from 5.54 a week before in Persippini, New York for 805 credit.
Make sure you get the whole thing.
It does not say that.
Okay.
In Persippini, New York.
This is this kind of fun fact that Tom will drop on you all of a sudden, and no one in the world's been to Percipini except like 18,000 people.
Okay, so let me ask you: what do you think is happening over here with these rates?
Tom, because the biggest thing I want to ask you, Tom, is the follow-on.
Rates go up three-quarters of a point.
Dow blows up yesterday after the announcement.
What the hell is going on?
I think there's two things going on.
The first thing is that the Fed only has so many weapons in its arsenal.
Remember, it's just the Fed.
And the solution for inflation is to make the dollar more valuable.
So the price of the dollar, which is interest rates, has to go up.
It's academic.
It goes back a bazillion years.
It's complicated by money supply, M1, M2, which we've really juiced in the past five years.
And so that's there.
Now, there are other things that go into the market, you know, going up because you have a lot of things in commodity, oil, oil price, and everything, because that's everything from plastics to fuel.
So the market yesterday, I don't think you can say market up yesterday and FED rate announcement yesterday were perfectly correlated, because I think what you're about to see is you're already seeing in the second quarter announcements that have been going on for the past two weeks, miss Facebook had a, had its first down quarter year-over-year quarter shop 18 points down.
Yeah, what does that say about e-commerce purchases exactly?
So that's another.
So that that's a broad online retail.
We already know retail is really in trouble.
Americans have stopped buying predominantly and now we see online retail with Shopify.
So I think yesterday the two announcements were not correlated And I trust what all the second quarter CEOs have been saying, which is, I got headwinds and I'm guiding down and interest rates are going to make it worse.
Let me say something political.
Because I learned listening to him.
I think Trump is going to announce in early the mid-September, and I've got a contrarian view of this.
I think this is still his party, Pat, and I think he generally clears the field.
I still don't believe DeSantis would challenge him.
I think the voters, look, all Republican insiders, fuck the Wall Street Journal and all these Republican consultants who don't want Trump to run.
And they don't.
And most of my former colleagues in Congress privately don't want him to run.
But fuck all them.
It's up to the voters.
And I think the voters in the Republican Party right now are still with Trump.
So I think when he announces in early September, I think he clears the field.
It's going to be interesting who's going to be the left because you're seeing Newsom coming out, calling out Florida, calling out Texas, you know, calling out.
And he's a very, very marketable guy for the last.
Completely.
Very, very marketable guy.
He's the Justin Trudeau of America.
Yeah, Newsom's doing that.
Gavin Newsome.
Gavin Newsome is doing three things.
And I don't think he voted for Trump, by the way.
Right.
I'm willing to bet that Gavin Newsom did not.
I want to make sure you know that.
Remember, Gavin Newsom.
And I'm willing to bet that you could call him a Democrat to his face and he will not get upset.
Gavin Newsome.
Gavin Newsom's doing three things.
Number one, he's not.
I don't care about being called a Democrat.
I don't care.
I'm not one, though.
Stop.
I just didn't know that.
Pat, I apologize.
That's my fault.
You've done nothing wrong.
It's been all out.
I'm trying to have a civil conversation.
You keep poking a beer.
Go ahead, the tom.
If I'm not interrupted by one more demon cut.
Anyway, channeling Rush Limbaugh.
There's three things that Newsom's doing, so we were talking about this.
Number one, he's trying to clear the deck of potential primary challengers on that side.
Number two, he's trying to get early access to the DNC funds.
Which is bigger, the money I raise or the DNC fund?
That's the bigger bucket.
Always is.
So you always want to clear the decks because you get early access to it.
And the third thing is he's been testing against individual issues, and they are polling the piss out of it in California.
If you look at the polls and things coming out of the Chronicle, he is intentionally making a national statement against Florida, and then they're polling it to death to see how it's doing.
That's all right.
But here's the deal, guys.
And it's all part of him trying to set the ramps.
That's all correlation.
But it's a machine.
It is, and that's all correct.
And Newsom's playing it.
But if Biden doesn't run, it's going to be a wide open primary because there are a lot of Democrats who want to run.
Even if Biden runs, Joe, it's going to be a wide open primary.
Wait, I didn't say there's no primary, Joe.
And the fact that they're still mentioning Kamala's name as a potential candidate in 2024 is a fucking joke.
I'm not sure.
What do you mean you're not sure?
I think if Biden comes out next year and says he's run for reelection, I don't think.
Oh, you're going to see arrows in his back like you've never seen a sitting president.
Are you kidding me?
That's a sitting duck recognition.
I think that Map is ready for an 80-year-old president.
Adam, DNC.
We've now opened up the sarcasm.
DNC is planning the article.
DNC is planting articles with the New York Times.
It's a fact.
DNC is planning these softball articles on polling.
Maybe Biden shouldn't do this because they're trying to play nice with him respectfully, but lay the groundwork.
Joe, the approval rating, the polls, everything.
There's no way Hillary allows Kamala to be the first women president.
She's not going to allow that to happen.
So Biden's going to make it a couple more years, and then they're going to try to find somebody else.
You're saying Hillary will prop up Biden like he's weakening at Burns just so Kamala isn't the first female president.
By the way, I don't think anybody wants Kamala to be the president, period, especially the first female president ever.
She's just undeserving of it.
She's not the person for the job.
Shopify stock sinks 14% after the company says it'll lay off 10% of its workers.
CNBC storage.
Shopify is laying off roughly 1,000 workers, which is around 10% global workforce.
The company announced Tuesday shares of Shopify dropped 14% in a memo to staff CEO Toby Lutke acknowledged he had misguided how long the pandemic-driven e-commerce boom would last and amid a broader pullback in online spending.
Shopify would move and cut number of roles.
Shopify had more than 10,000 employees as of December 31st of 2021.
Shopify bet that the increasing mix of online spending over commerce and stores would permanently leap ahead of by five or even 10 years.
Luca Lutke said it's staffed up to meet what is anticipated would be a sustained shift to e-commerce, more than doubling its employee base since 2019, said the company in February.
Obviously, it's in a different situation today.
By the way, you know who bought $50 million of shares in Shopify yesterday?
$50 million.
Who's the lady that was shorting Tesla?
Kathy Wood?
She bought $50.
No, She wasn't shorting Tesla.
She was a fan of Tesla, I thought.
Kathy Wood.
You're talking about ARC strategies?
No, no.
I think I'm talking about Kathy Wood bought 50.
Let me pull this up.
Yes.
Wow.
She bought $50 million in Shopify on the dip yesterday.
Got it.
So I'm going to go to the bottom.
A chunk of Coinbase after SEC probe news.
So she's bullish on Shopify.
She is bullish on Shopify.
Well, her whole thing is she's big on tech.
Right.
And let's go in here a little bit.
What he was saying was very, very true.
There is an illusion of the shift, if you overread the statistics, to e-commerce because we were locked down.
So e-commerce was how we were ordering so many things.
And then it's good to be out again and people going to the grocery store and things like that.
Not to the mall, but to the grocery store and to Home Depot and things like that.
So part of that is a pullback.
So what he's saying is, I over-corrected thinking it was a permanent correction, a permanent pop.
We did get growth of e-commerce, but I overreacted, say, permanent.
So my next five moves, I have to undo that and I have to pull back a little bit.
And oh, by the way, the economy's cooling.
By the way, I think there's a ton that was in that.
You know what I'd like to see right now?
I haven't looked at it in months.
I'd like to see where the stock of Zoom is right now.
Where's Zoom stock right now?
Because that was the hottest stock in the world.
Tyler Shopify.
2020.
They've already had their correction.
It goes back about six months.
You got to go.
Okay.
Let's see this.
But it's a good question.
Tom, break down, do a case study on Zoom right now.
It takes us back about six months.
See?
Go to a year.
Go to a year.
Two years.
Oh, wow.
It's been going down for four years.
Yeah.
Well, this is indicative of what the state of the economy is right now.
Nobody's relying on Zoom anymore.
400 to 100.
What this is.
But this is also, Pat, a CEO in control because it hasn't.
See?
Look at the peak.
I guarantee you 2020.
Where was it in 2019?
Do you see the number?
Well below 200.
80 bucks.
Okay.
And where was it in the peak in 2020?
559.
Yeah, 559.
And where is it now?
100.
So this is a telltale sign.
So, in other words, you look at it this way: a lot of speculators made a lot of money in Zoom right here, but it's 20% over where it was before the pandemic.
Is it really?
It is.
Well, because in three versus because now it is a full-on household name.
I don't think it was a household name in 2019.
That's what I'm saying.
Take the spike out, and the net value of the company is up 20% over pre-pandemic.
By the way, could you do the exact same thing for the SP 500?
If you want to talk about the economy as a whole, I don't think it's going to be the same.
No way in the world.
But take a look.
Go to SP 500.
We're talking depression era.
Or the Dow.
You want to go to the Dow?
No, pick an index you like.
No, no, that's an ETF.
That's an EFT, ETF.
Go to the SP 500.
Wow, I didn't know Tyler knew about spiders.
That's pretty impressive.
Tyler man, former Goldman Sachs advisor to now helping out on the podcast.
Go to five years.
Tyler is.
Okay, completely.
Tyler, you're going to come work for me.
There you go.
But what this shows is the economy, and this is where you got to give some credit to our friend Joe Biden.
2019, where was the S ⁇ P?
Below 3,000.
Yeah.
Right?
Where is it now?
And then it went down to 20 to, what, 2,000?
Now it's at above 4.
Where is it right now?
40, 21.
Okay.
So according to the stock market, other than that blip in 2020, we're doing better.
But by the way, Zoom's not going to go away.
What Zoom is showing, that Zoom stock, I'm glad you brought that up.
What that is showing us is people are going back to work at the office.
That's exactly right.
That's what's exactly what that's.
20% pre-pandemic.
So then that's interesting.
Would it be, I'd be curious to know the correlation between a market being up versus that.
If we have 20% more people working from home now than they did five years ago.
I think that's probably a right number.
Is it a little bit more virtual than before?
I think maybe it's like a 5% or 10% hike.
There's still a lot of people that are working from home, by the way.
Okay, so last but not least, let's pick a last question.
By the way, Joe, you've made it.
You got five minutes left, baby.
I don't know if you're in a bathroom break.
You got five minutes.
Hang in there.
I'm having fun.
We need more coffee.
And hey, since we're talking numbers real quick, we got 3,500 people watching, okay?
900 people voted.
I knew it.
80% of them say that you're a Democrat.
So disappointing.
Honestly, guys, the family is a lot of people.
People drop it.
Tell them to come here right now.
Is that a buy-in sample?
Absolutely not.
Oh, man.
His word is gospel with this audience.
Honestly, sometimes it pissed me off.
I can't believe they said that I can't.
We love our valuation.
First of all, you came.
The audience likes it and respects whether they agree or disagree.
If there's one thing our audience respects is a person that has the guts to come here, talk and hash it out on a podcast because it's different than when you're on a Fox or CNN or MSNBC.
You got 30 seconds to give an answer.
You can actually get deeper here.
And we all learn.
And the more there's a fight, the more the audience wins.
And I think the audience definitely won today.
So, podcast, you mind talking to the guys about your podcast, what you talk about on your podcast.
They don't know how to find you.
The white flag.
I'll do it quickly because, Pat, everything you just said is right, which is why I like what you do here, and which is why America needs more of this.
We're so fucking siloed.
We only talk to people who think like us and believe the things we believe in.
We don't want to get smarter.
We just want our ideas confirmed.
So this is great stuff that you're doing.
I appreciate it.
I have had fun.
I needed more to eat.
I've had too fucking much coffee.
I've been a very divisive political figure over the last 10 years.
So I launched this podcast called White Flag with Joe Walsh to try to do something about that divide.
Every week, I sit down with somebody who doesn't think like me.
And we spend an hour and a half debating, talking, having a conversation about an issue.
I had a guy on two weeks ago who said we should forgive all student debt.
Bullshit, I said, a horrible idea.
But we had an hour and a half respectful conversation about that.
So that's all I'm trying to do right now.
You probably have a hard time finding guests who agree with you.
You're going to find Democrats.
You're going to find Republicans.
You're going to find the men.
Can you give us some examples of who you are?
We can't do that.
We got one minute.
We got to get this.
I know where you're going.
So anyways, let's put the link below to his podcast.
By the way, a bunch of people are saying they respect the hell out of you for coming on and being on the podcast.
I know I'm a Democrat, even though I'm a Democrat.
You're saying it.
Don't say that, Joe.
You're saying it.
Joe, why would you let it go by?
There it is.
No, don't tell me.
Tyler, don't let me.
It's a real gun.
$500,000.
Just click on short clip.
Tyler's.
So first thing I'm going to do is college.
So tonight, folks, a couple things.
Tonight, Adam's doing a podcast with Rolo is having a debate with 3 o'clock Eastern right here.
Christian men debating Rolo on the topics of women, dating, marriage, all that men.
Signing to see what's going to happen with that.
And then are we back again next Tuesday for podcasts?
We're back again next Tuesday.
Next Tuesday, we're back again on the podcast.
Okay, so guys, have a wonderful weekend.
We'll do this again next Tuesday.
Take care, everybody.
Export Selection