In this Episode, PBD is joined by Vinny, Tom, and Adam and they will discuss all of the major topics occurring in the world.
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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.
Why would you bet on Goliath when we got bet David?
Value payment, giving values contagious.
This world of entrepreneurs, we can't no value to hated.
I'd be running, homie.
Look what I become.
I'm the one.
All right.
So folks, if you only knew who just got a new job, we're going to announce that today.
Phenomenal for him.
Congratulations.
Congratulations.
Some call him Anthony, some call him Tony, but you can call him a new hiree at this new company, which we'll announce when he's got the details.
Just in my opinion, not up in here.
Not up in here.
Some people's careers are just recession-proof.
I'm just astonished.
Well, listen, when you're the GOAT, you get stuff like that that happened to you.
By the way, we had Alex Jones on Saturday.
If you missed it, you were hiding somewhere now watching a podcast.
He said something on Twitter, a clip on Twitter about him and what he said about Trump could happen to him, the assassination stuff.
That's gone viral.
We've got a lot of people hitting us up, but maybe we'll talk about that today on the podcast.
Bunch of new things going on with the economy.
Craziness with home number of sales.
We have a stat that shows the least affordable city to own a home.
If you only could guess what this city is, the least affordable place to own a home and which city moved up seven spots, it's pretty interesting.
Would you be surprised with that number?
I don't know about that city being number one, though.
Maybe three, maybe four, but to be number one, least affordable.
Something on that.
Yeah, it's not actually breaking news.
Yeah, we'll cover that as well.
And then CNN is for sale.
Jeff Zucker might buy it.
You got Fox News finally announces, reveals their new primetime roster.
Legacy media companies enter dark times as failures mount and Netflix rises again.
There's new court documents reveals more about Epstein's relationship with JP Morgan Chase.
There's an article that came out saying, do you think you're rich?
Here's what Americans say.
We got some thoughts there.
Tom's got some things to talk about about what's going on right now with home prices.
A couple stories about woke.
Here's one for you.
Blue State School District won't let students opt out of pride lessons.
And if that doesn't irritate you, here's another one for you.
Student banned from walking at graduation after boys are boys and girls are girls comment.
So this kid said, boys are boys, girls are girls.
She was not able to walk across.
This kid was not able to walk across the stage.
We'll comment on that.
Vivex got a good article.
A couple things he said on Twitter, which we'll talk about in regards to same topic.
Box office analyst estimates Disney loses $890 million on their last eight theatrical releases and a few other stories.
We got a video of RFK doing push-ups.
The guy looks like he's going to run for Mr. Universe.
We got some Proud Boy stuff that I think Vinny wants to talk about.
But more importantly, before we get into all these stories, a couple things.
4th of July is around the corner.
These hats that many of you vets have been asking about.
We worked on these hats so much to make them perfect and give a couple different options.
These future looks bright hats for veterans or those who love America are here.
One is white on the side that says future looks bright.
The other one's got the white Valutaina logo with the bottom, future looks bright.
The other one is the black Valutain loco, future looks bright, and the future looks bright on the bottom.
And in gear, that's the military gear.
We got a bunch of stuff with U.S. flags on the side.
I can't wait for you to see it.
It's going to be launched with a video.
We did out of shooting range.
If you want to be one of the first to get the update, once we're launching this new merch, the merch drop, text the word, merch to 310-340-1132.
Once again, text award merch to 310-340-1132 to be one of the first to get this sent over your way before it sells out.
We're excited about it.
And by the way, for anybody that makes purchases over $250, we'll have your phone number.
I may surprise FaceTime you.
I did this last time.
Every year, we do.
Man, that's a lot of fun when we do it.
Maybe we'll do it together as a crew.
Any purchase over $250, we'll pick some of them, surprise you guys with a FaceTime call, and we'll have chat.
Again, text award merch to 310-340-1132.
These hats will sell out ASAP.
Let's get right into it.
Okay.
So, by the way, we talked about this on the podcast with Alex Jones, but I want to get into the podcast a little bit more with this topic.
Here's what happened over the weekend.
Do you know what news station covered all the mess that's going on with Biden right now?
Do you know what news?
Do you know what channels covered everything that's going on with Biden right now with the sun, with the questions not being answered?
Guess what?
News station covered everything that's going on with Biden, not holding back the sun, any of that stuff.
MSNBC?
NBC, CBS, and ABC.
Forget Fox, forget CNN, but NBC, ABC, CBS.
What does that tell you when those guys do that?
What does it tell you?
I think that's a great question.
I was thinking about this this morning.
I think now that they're realizing, and they timed it perfectly, Pat, they're letting the stories of Biden come out.
They're letting everything come out.
So he slowly gets out, gets out of the way, and their frontrunner is going to come in.
I think it's going to be newsome.
That's what they're doing.
They know he has no chance, Pat.
They can't hide the secret that much longer.
You feel me?
I'm with you 100%.
And I know Adam and I have a different read on this, not in conflict, but we're just kind of reading the tea leaves on the DNC differently.
But I think the DNC highly impacts those top three mainstream media.
And I've said, you know, six months ago, I said, man, remember I used the comment that they're taking the dog off the leash that the DNC kind of allowed them to say some things about Biden, some unflattering things about, you know, Kamala Harris not going to Taco Bell, not making a run for the border.
Remember, you know, I'll get to the border eventually.
Do you happen to have directions?
And what's going on right now?
believe the networks have been released because remember you can look at all those why do you think I think they've been released because I think there is a quiet movement in the Democratic Party that this needs to be primaried.
I have felt that way for a year because that's the only outcome here, Pat.
What is the outcome?
It's either Biden goes alone and we're all behind him.
Salute.
All the DNC and all the organizations salute.
Or they're going to softly allow the things to happen to have an open primary.
So let me ask this question.
How long, how long before, how long before we know Biden's not going to be running as president?
How long?
Is it going to be 30 days, 60 days, 90 days, six months?
What do you think it's going to be?
I think it's Thanksgiving because that puts you about 60 days before first primaries.
Remember, first primaries happen right after the beginning of the year.
So you don't think it's going to happen for another five months?
No, yeah, I think it has to happen by November.
I'm saying it has to happen by Thanksgiving.
And if backdoor wrestling holds it off, it'll have to reach ahead.
There's one thing I learned from Alex Jones.
What's the primary thing?
There's a few things that I learned from Alex Jones.
But the one thing is he's like, sometimes they're just telling you the story right in front of your face.
You don't need to go down the rabbit hole, which he's done multiple times.
But the story to me, the main story here is not speculative, not predictions, not prognosticating.
It's that these main legacy media companies are actually being journalists.
That's the main story here.
They're not being activists.
They're not telling one side of the story.
You're going to stay away from the mic, please.
Yeah, you're making it.
They're not being activists.
They're actually being journalists.
That is the story, is that they're actually covering what they're supposed to be covering.
And kudos to them.
Why, though?
Now, if we want to, why?
Because they're fucking journalists.
No, and they're remembering that.
So, why did it take a lot of time?
Now, if we want to go down the rabbit hole, conspiracy theory-wise, while they're trying to remove Biden, which I can understand that, but there hasn't been any indications that that's still actually happening.
What you're saying is if you're going to go down the Gavin Newsome rabbit hole, which is fine, he was just battling one-on-one where he fucking owned John Hannity on his own show.
He's done nothing but support Biden to his face.
They were just together a week ago.
So, yes, I do believe that Gavin Newsome would be a way more attractive candidate than Biden.
Who doesn't think that, despite all of you know Gavin Newsom's issues?
What did you just say the last one minute?
Okay, honestly, like what did you just say?
So, you just said, Okay, so you just said, You said what?
You're saying that the journalists are actually doing their job and they're covering the stories that should be?
Because journalists don't do their jobs, okay?
When did they rebecon?
No, no, we've but but no, no, Adam.
When somebody hasn't been doing their jobs for the last 10 years suddenly starts doing their job, it's not because suddenly they got inspired to say, let's become journalists today.
No, there has to be a motive why on suddenly they became journalists, all aligned simultaneously together.
If when the first Durham report came out, what did ABC, CBS, and NBC cover?
Nothing.
They know, they didn't talk about the Durham report.
Why not?
They didn't do journalism.
Are they going to start doing that as well?
Well, every time a lot of these, but now suddenly you're all bashing Biden simultaneously where Karine Jean-Pierre, am I saying the name correctly?
She's standing like no, and then Kirby has to come and save her.
No, and then they have to walk off.
No, what is starting to happen right now as the Dems are sitting there saying lowest approval rating?
This is not a conspiracy theory.
This is called an opinion podcast where we give our thoughts.
We're not a professional journalist that we went to Columbia University and this is what we do.
No, we're talking and we're chatting and we're like, similar to some American people that are saying, I'm thinking that as well.
I see that as well.
The only reason this trend all of a sudden flipped, in my opinion, not a conspiracy, not my conspiracy, in my opinion, is lowest approval rating.
They're starting to realize, like, by the way, you know, I'll give it to you from the perspective that'll make sense to you.
You know, some of your friends that are Trump guys, the ones that I'm not talking about the guys that'll never change.
Don't think about those guys.
You know, the guys that supported Trump because they like his policies, but then gradually stuff that's coming out with indictment, the recording, the this, the that, they're like, I don't know, man.
I think I have to kind of distance myself because to me, is I can go DeSantis because it's pretty much the same thing I'm getting minus all the drama.
You know, those guys, the Democrat people of those guys are showing up and they're saying, yeah, you know what?
I'm not going to do Biden because I know what he's doing, all this other stuff.
All the stuff that's coming out on him right now, dude, I'm getting off of him.
I'm going to Newsome.
And realistically, realistically, I think this thing can go super fast, very quickly.
Because, okay, so on Fox News, would you say Brett Bear is pro-Trump?
I would say that he's as close to being a real journalist as it gets on Fox News.
But do you think if he has a choice, just the speculation, not that we know, we're playing a game here.
Do you think he, what percentage do you think is DeSantis versus Trump?
Oh, okay.
All right.
Well, to answer that, is he more Trump or Biden?
He's more Trump.
Is he more DeSantis or Trump?
He's more DeSantis.
Okay, perfect.
I agree with that.
So all I'm saying right now is there is an audience that actually likes Brett Baer and it's like, man, I love what you're doing, right?
Yeah, I know.
But no, no, but there's also an audience that likes what Jake Tapper's doing from the conservative side to say at least Jake will.
Democrats like Brett Baer, some Republicans like Jake Tappers, some of his work, right?
Moderates who do their job.
So there's Republican, I think Democrats and Republicans are in the same exact situation today.
I think they're in the identical situation today.
Here's what it is.
Dems in media want Newsom, but they'll 100% defend Biden as long as it's against Trump.
Republicans in media, journalists, not all of them.
I'm not putting Tucker and some of these guys in the camp.
Most Republican journalists, if it's Trump against Biden, they're going Trump.
But if it's Trump against DeSantis, they want DeSantis.
It's a very weird thing that just happened this weekend when these guys flipped on Biden that quickly.
ABC, CBS, NBC, you're not supposed to do that.
So maybe when that typically happens, I guarantee you these guys that are higher ups, these guys that are higher ups, they have conversations with each other because they all went to the same schools, not in a dark way, in a way that's naturally going to be happening.
But you know what the conversations are like?
Look, you know, I just talked to, yeah, I know.
She told me she wants Newsom.
Yeah, Teacher Juhir Rod.
Yeah, I know.
The people at CBS, they want Newsome, and they already had the conversation.
So how's it going to happen?
I don't know, man.
I'm hearing different things.
You know, I'm hearing Biden's going to come out and talk about the fact that his health is not good and wants to spend time with his grandkids.
You know, you think it's going to be ugly, like they're going to oust him?
No, I think there's been meetings to say, look, we can do this the nice way or the ugly way.
Do you want to protect your legacy?
Why don't we do it a nice way?
You step away.
We'll make a movie about you.
We'll make a documentary on every single channel, CBS, ABC, this, for the unifier president that will leave that as your legacy.
We'll get a big book deal for you for Simon ⁇ Schuster, but only if you do it the nice way.
Do I think those types of conversation happen?
5, 10%?
I think it could happen.
So all I'm saying is they're telling this guy, brother, it's been good.
Go kick it.
It's time to move on.
That's all I'm saying.
I'll just give one quick.
I'm on that page.
You're right.
So I'm not going to disagree with you.
The only difference is you said that they're kind of what's happening, the fracturing in the Democratic side is already happening in the Republican side.
What I'm also saying is I'm looking at the facts in front of my face and I'm taking the words from the candidate's mouth.
And Gavin Newsom has said nothing and done nothing to indicate that.
Now, where do I agree with you?
Yes, of course.
No Democrats are excited about Biden.
Zero.
It's not a thing.
They just didn't want Trump.
That's the whole reason that he was elected.
The difference is on the Republican side, how many candidates have already announced their candidacy?
You got DeSantis, you got Chris Christie, you've got Nikki Haley, you've got Tim Scott, you got Vivek.
So meaning, like, I'm just looking at the information in front of my face, and there's infighting within the GOP straight up.
On the surface, they're coalescing around Biden.
Now, I think that's a horrible move from a strategy standpoint.
I don't think that that guy's a winning candidate again, but there's nothing that I've seen physically come out of Gavin Newsom's face to say that he's running against.
I actually think, and by the way, the whole thing about what Alex Jones said, sometimes you just have to look at it.
It's right in front of your face.
I don't think he meant what you think he meant.
I think what Alex Jones is saying, that sometimes they will do it boldly in front of your face, thinking you won't catch it.
I think that's what he means by it.
I don't think it's just take the facts for what they're saying.
No, I don't trust what Newsom's going to be saying.
To be honest with you, the best way for Newsom to campaign for 2024 is by going around talking about how amazing Biden is.
You know why?
The reason why you campaign that way is because you're automatically getting to say, what a freaking guy, man.
Did you notice what he was doing?
Up until Biden decided to step out, the guy had his back.
What a loyal guy.
I value loyalty.
Unlike DeSantis, because he's playing the game of loyalty.
He knows the Dems are going to say, look, unlike DeSantis, whether you like Trump or not, he wasn't loyal to Trump.
Look how loyal Newsom is being to Biden.
These guys are brilliant on what they're doing.
He's being a fuck.
The move that Newsom is making is so freaking brilliant to show himself as a loyalty to the party.
And Trump is pinning DeSantis as the one that's not loyal to the party because Newsome, in my opinion, my opinion, Newsome thinks DeSantis is going to be the candidate because he thinks Trump's going to drop out.
It's a gamble.
It's a very big gamble because the chance of this happening is less than 5% that Trump's going to drop out from the race because they're eventually going to get him on some of these recordings.
That's too late.
And by the way, I also think a part of DeSantis' camp, the strategy they're playing behind closed doors are like, guys, just a matter of time before this guy's opponent.
Just a matter of time before they get him.
Just a matter of time.
If you don't need to be number one right now, you don't need to be number one right now.
The moment he's out, you will bump to 75% because there's no Trump.
Yeah, I think that's problematic.
You know what they call that in sports?
I would agree.
You know what they call that in sports?
They're playing pre-vet defense.
Of course.
Homeboy Ron DeSantis, our friend here in Florida, needs to go on the offensive.
Because what happens when you're playing pre-vet defense and you're expecting the other team not to put up points and scoring you, what happens?
Boom, backdoor touchdown.
Trump's the candidate.
So if you want to just kind of play it safe and not go against Trump and not really put pedal the metal and go on podcasts and really put your name out there, Trump's going to gallop.
By the way, just a white note.
DeSantis was 200 yards away from my house yesterday.
When?
Last night?
Last night.
Did he text you?
Nope.
It's not.
No, him and I are not.
Did he DM you?
No, no, it's not.
Nobody?
I'm not saying that message to you.
It's unfortunate.
What I'm saying to you is he's in town.
He is out here doing what he's doing at a guy's house who's an absolute stud of a guy.
Won't mention who it is, but he was there last night.
But for me, all I'm saying is, with all of this stuff that's going on, politics is strategy, man.
And there's a part of this that is such a dark, you know, you have to have an itch for this game.
Like you have to be a little bit mentally off to want to be part of this game because it's so freaking weird, dirty, strange, dark.
But also at the same time, you know, Plato, I think, said it.
He says, those who believe it's foolish.
What happened?
Now I'm having him pull up.
Plato once said, those who believe it's foolish, those who believe it's foolish to study politics will be governed by fools who do.
Wow.
I think we're at a point right now where we can't be foolish.
We have to kind of see what's going on.
What's his name from what movie is it?
It's Chefs.
It ain't Checkers Training Day.
But Pat, and you said why.
Why ABC?
Why MSA?
Why all the mainstream right now are reporting like they're finally doing the reporting that you're talking about?
They have no choice, Pat.
Because if this was last year, Twitter was owned.
We have to give kudos to Elon Musk.
If this was happening last year, bro, the FBI was working with and at Twitter, suppressing every single story that you're hearing.
So shout out to Elon Musk because now they have no other choice.
You have to report it because we are listening to it in real time.
No censor, raw as hell, right in our face.
And I think we own Elon Musk the fact that now they have to because the FBI is not chilling at Twitter, which they were saying, nope, put that down.
Nope, not this story, not the 100 laptop story.
They have no choice, bro.
And it's all.
Accountability is what it's got.
Adam, I'm interested in what you think here.
Zero to 100%.
Private, private poll among senators, congressmen, Democratic leadership.
Private poll.
Nobody knows.
What is Biden's, he has a vote right now.
What does he get?
Private poll, these folks.
So what are the options?
Biden, no, do they support Biden as the candidate?
Private poll.
No one gets to know what's the reality that comes out there.
Senators, 50 senators, you're saying?
Who's there?
All of them.
Forget about party line vote.
I think, look, I think they're all saying, yeah, man.
I think.
No, no, no.
That's what I'm saying.
We got to publicly support this guy, but there's no way.
No, privately.
I think low-key, it's like 30%.
Exactly.
So 70% would like to see it shift.
Yeah.
I don't know.
You know, in my opinion, I would say 100% I'd like to see it shift.
Sure.
I don't think he's an attractive candidate.
I don't think he's a strong leader.
I don't think he's the man.
Unfortunately, that's what we're left with.
So let me go one more step.
Odds, one to 100, that you think there's real stuff here on the international bribes on the international with Hunter Blood.
Big Tommy guy that recordings they got.
I think they got to, look, there's smoke, there's fire.
It's 100%.
It's 100%.
50-50.
No, I would say 100%.
There's no.
You'll never ever hear me say 100%.
I will.
I win anything.
No, I'm not trying to get you.
You're never going to hear me say 100% because why don't you just answer the question?
It's a basic question.
I've already go through the series of questions where we're looking to scope.
So, okay, so 70% you would say, I really don't want him to run.
And where there's smoke, there's fire.
What is that?
55%?
I said 50-50.
Yeah.
50-50.
So more than 50%.
Okay.
So, fact.
January 15th is Iowa caucus.
Facts.
60 days ahead of that, the DNC releases money to bona fide primary candidates.
So that is your deadline of deadlines.
I mean, they don't want to be doing it there.
They want to be doing it September 15th to give people before the holidays time to do their campaigns.
Okay.
So we're really talking 90 days.
So now I'll play conspiracy.
Joe, listen, you got to do the health thing.
You got to give us an out here, and you need to step out of this because we're going to greenlight.
We're not going to greenlight, but Republicans are going to push these hearings.
And if there's really stuff here, you know, it's going to be hard to support you in that.
And I believe that's a lever point.
I believe there's enough going on here that there's enough lever points in the year of investigation.
Do you see what I'm thinking, Pat?
That they can say, you know, you really need to do this.
And I think Newsom, I think it's greater than 50% probability that Newsom has already been said, hey, start campaigning, but be sure you do it from a platform of support, that you are a grand statesman for the Democratic Party and you're supporting the president.
So what you're doing, you're going on this grand support as the governor of the seventh largest economy in the world.
And I believe in my heart, when I go conspiracy, Pat, that's what I think.
They've already, Newsom is their candidate.
They're waiting for a way to shift this.
They only have really 90 days to do it to give people the normal campaign window from September to January.
And I think it's done.
And we're just waiting for the lever.
And I think that when it's too late.
Meaning, September 15th, I think, becomes too late.
Right, because if you were a candidate, Pat, you're like, hey, man, it's September 15th.
You're supposed to give me 90 days of DNC national money.
So then saying Thanksgiving is not right.
No, I'm saying that is the deadline of deadlines.
I'm like, that is the wall.
That is the red line.
I think that's too late, though, Tom.
I agree.
I think if they got to do it, I think if they got to do it, they got to do it right now because DeSantis, unlike, I'm sorry, Newsom, unlike DeSantis, will go out there and will sit down with people.
I believe he will go on podcasts.
I believe he'll go on enemy territory.
I believe he'll go anywhere.
I believe he'll go anywhere.
I believe Newsom will go anywhere and be able to hang.
And not because his argument's a better argument, because he knows how to handle the argument in a way that's going to still give him the favorability of seeing like he knows what he's doing.
I think Newsome needs more time, but I think if they do it in the next 30, 60 days, it's plenty of time for Newsom to be a real competitor.
By the way, Vinny, we had a conversation six months ago.
What did I predict?
We both said it, and the bet, I think, I want to check.
Yo, can you check if the odds have changed?
It was 1,400 plus 1,400 for Gavin Newsom.
We called it, and you actually were the first one, Pat, when he was on the lawn when Biden was on vacation or falling down.
And what was the prediction?
We thought that Gavin Newsom had the best.
He's going to be the odds.
Has he moved?
Yeah.
Gavin Newsom's at 2,500.
Yeah.
By the way, can we check?
Wait, is that still Vegas odds?
Is this Vegas?
I like checking Vegas.
Let's take a bet, Pat.
Is that really Vegas odds right now?
I don't know about this website.
Can you just go to Vegas Insider?
We're doing the bet today.
No, go do the same one that Adam always points to.
But yeah, do the Vegas one.
But Pat, you were the first one, and then me and Adam jumped on it when you said he was walking on the White House lawn with his shirt off.
There it is.
And it was a presidential walk.
Look at that.
Gavin Newsom's now 33 to 1 before.
Let's do it.
Adam.
Beyond like I've already done it, $10,000 bet.
A $10,000 bet will pay you $330,000.
Let's do it.
$100,000 will pay you $3.30.
By the way, it was triple that six months ago.
It was $60,000.
Was it $60?
Well, look at RFK, $16.
Yeah.
By the way, can we check our friend Joe Biden's approval ratings, the 538 up real quick?
We're really going down this political path today.
I love it.
Check, if you go to the top, there's usually, yeah, how popular is Joe Biden?
Check that.
So the beginning of his candidacy or his presidency, he was close to 60%.
Is that what that says on the left?
55%.
And then I believe in August, yeah, a disapproval, 53%.
Was that say, Rob?
Yeah, 53%.
Okay, then it was 56%.
I want to say during like September of 21, where does it crisscross?
August 30th of 2021.
Okay, gotcha.
August 30th, September 1st.
I wasn't far off.
Now, where is it now?
If you go all the way to the end, so the disapproval is 53% and his approval is 41%.
So what's the net disapproval?
Misapproval?
Disapproved plus 11.3%.
Plus 11%.
Now go to Trump.
By the way, 53 is very significant.
And here's why.
You have core Republicans only about 39, 40%, right?
Core Republicans.
They all disapprove.
Then you have 9% of the Independents and the Greens.
They all disapprove.
That's only 49%, which means that he's got 4% erosion.
That is assuming 100% of Republicans, 100% of Independents.
So he already has 4% to 5% erosion among Democrats.
To put it bluntly, would you agree that his numbers are trash?
Oh, absolutely.
But I'm pointing out that he's lost at least five points of his core base.
Go to Molly's.
Forget about Kamala.
Nobody cares about her.
Go to GoBy.
Her, the same numbers as Biden.
Go to Trump.
I thought she's the worst set.
She's the worst-ranked vice president, right, Pat?
Go to the worst ever.
Ever.
All right.
What does that say?
It's a 14.
Where's he at?
He's at 14.
Go to it now.
We don't need to revisit 60.
14.3.
Okay, so unfavorable, 54%.
Favorable, 40%.
His numbers are right next to Biden's.
So if you're Biden, it's a race to the bottom.
It's like, yeah, I suck, but this guy sucks just as much as me.
Let's see how it holds up.
Now, that's if you trust polls.
That's if you trust what's going on.
That's if you trust Quinnipiak and Pew and ABC.
But those are the numbers that Trump's favorability ratings.
This goes back to my point.
My point is, Republicans and Democrats are in the same exact situation right now, especially the ones in this world who think they know everything.
They're in the same place.
Republicans are like, can we do something with Ron?
Democrats are like, can we do something with Newsome?
Okay.
But here's the part about politics that you got to love.
This is why you love this game.
If you love it, I'm going to love competition.
So to me, anything about competition that's unpredictable, I freaking love it.
Third quarter, two minutes left.
You're up 28-3.
What are the chances you're already picking your Super Bowl speech?
You know, hey, you know, well, listen, you know, I want to give a shout out to my mom.
She was there for me in the garden when everything was going on.
My wife, you know, I guess my this, oh shit, we lost to Tom Brady.
You know, we're Atlanta Falcons.
How the hell did this happen?
You know, well, no, he came back and pulled it off again and beat your ass because it's called competition, right?
All that stuff we can say.
We can look at all the polls, all the stories.
We can speculate.
We can say whatever we want.
There are a few people that I will say that I love what they're doing.
I'm going to keep talking about these guys.
I love what Vivek is doing.
Vivek is talking policies.
I love what RFK is doing.
RFK is talking policies.
Can you show RFK real quick with him doing the push-ups?
If you got that video there with him doing, take a look at this guy.
69 years old, by the way.
Is he juicing, Pat?
Maybe he's on TRT, but that body doesn't look like a juice body.
Juice body looks like an incredible Hulk.
You'll see when somebody's on juice, that's not what the juicer's body looks like.
You know what's a big factor for that, Pat?
He's not taking any vaccines.
That's what I'm saying.
Here's the part you have to realize.
People think like if you juice, listen, you juice, you still have to go to the gym four or five times a week.
Look at this guy.
Yeah, that doesn't look like a juicer's body, though.
A juicer's body, you know, maybe TRT, maybe some of that stuff, but I don't know about all the other stuff.
He's looking good and he's got policies and he's challenging people.
Take a look at this.
At first, people thought this was a spoof.
They didn't know it was him.
Where is this?
So how much is this, Pat?
How much is this?
45 for the bar?
That's not a lot of weight.
He's inclining 105 right there for 115 right there.
That's not a lot of weight.
115 is not a lot.
That looks like a 25 and a 10.
Unless if it's a 35 and a 10.
Definitely not a 45.
The 45 is right next to it.
Looks more like a 25 and a 10.
Tell you what, he is the most jacked presidential candidate we've ever seen.
Especially in the Democratic Party.
69 years old.
By the way, can you please show Peter Hortense a six-pack?
How sick he looks.
Go to Dr. Peter Hotez.
How amazingly.
Go type in Peter Hotez's body.
Type in body.
He's taking a booster shot.
An example of who to follow in hell is somebody who eats junk food all the time and doesn't work.
He has a booster in his arm.
He probably knows more about how he's a six-pack of cherry cake than the other guy.
90 grams of sugar per kid.
He's a slop.
He's a son.
Here's the question, PBD.
How old is this guy?
63 or 64.
The average American, go with me now.
The average American who's in their 60s, do they look more like Peter Hotz?
Of course.
Or do they look more like RFK?
But what's your point, though?
That RFK is an anomaly.
He's taking care of himself.
Oh, no, I don't.
He's actually in great shape.
He doesn't need all the other nonsense.
But here's the question.
People who look like Hotez put him everybody.
He turned into a hero, RFK or Peter Hotez.
Who should you model after if you're in your 60s?
It's not even a question.
It's not even a question.
So the point is you ought to go work out like RFK is, not eat junk food in your 60s like Peter Hortense is.
But to each his own.
I don't know many 60-something year olds that look like RFK.
I know a ton of 60-year-olds that look sloppy like Hotez.
Actually, believe it or not, what I will tell you about people who take care of themselves, there's a lot of people that look at Hotez and say that's an irresponsible way of living, man.
You ain't going to be doing anything good with yourself living a long time living like that.
This whole concept goes back to the same thing I've been talking about last few years.
America's biggest problem the last eight years, seven years, has been who they make a hero of.
The hero-making machine is the biggest problem in America.
With your kids, a bad parent doesn't know who they turn into a hero.
A great parent knows who they turn into a hero.
A great parent will say, Look what she did.
Did you see what she did?
That's exactly what great leaders do.
Did you see what he did?
Did you see what she did?
They're painting a picture of what a hero is.
Today, a hero is somebody who's a male who lost to all other male opponents, but chooses to identify as a female, becomes a swimmer, beats all the women, and we say, What a hero!
What a hero!
What a brave girl right there.
Beats women 45 days.
By the way, what a brave girl right there.
Now you got a hero-making machine problem.
PBD to add some validity.
But that definitely looks choreography.
What a hero.
And then a hero comes.
Well, we're all familiar with this one, but to add some validity to what you're saying, have you seen, did you see what Elon Musk tweeted about?
All the generals of health across the world and why they look so ugly for the health administrators, whatever.
It was hilarious.
The director of health for all these different countries.
They all look sad.
It's the sloppiest group of sad people I've ever seen.
It's the least of the people running your health programs.
Yeah.
Can you find that image, Rob?
It was so bad.
Rachel Levine, all the health officials of all this country around the world are the skips.
It's an older tweet, right?
No, no, this was less than a week ago.
Oh, well, he tweets 50 times a day.
That's what I'm saying.
It's going to take about a month to scroll down.
You know what is a.
By the way, if you can't find it, show it, because I know exactly what Tweet is talking about.
How many days back are you right now, by the way?
What date are you on?
You're on the screen.
Let's keep going.
Kim Jong-un in a couple of days.
June 14th.
Okay, June 14.
Keep going.
A little bit.
See if you find it.
It might have been that parody account.
By the way, that Elon Musk parody account is that somebody else.
Don't worry about it.
It's probably the parody account.
So, Rob, go to the video of the view on what they said about what's going on with Biden and Hunter Biden and the way they sold it, which is very, very interesting.
I want you to see this, folks.
And tell me if this makes sense.
Go ahead.
The Hunter Biden story, the scandal, the this, the that, it's also the story of a father's love.
And Joe Biden has never and will never give up on his son Hunter and will never treat him lesser than so.
He is a father first.
Or leave it.
Okay.
Well, the audience applauses, Pat.
You know that right after this.
Like, they go crazy for that statement.
Didn't the view say that about George Herbert Walker, Bosh and W, that it was a story of a father's.
Oh, wait, they didn't.
Listen, no, no.
Tom, and I'm sorry, Pat, because he's taking away from the message.
He's a father.
You're a father.
You're missing the point.
It's about fatherly love.
The hell with the crack and the prostitutes and the big guy and the bribes.
Tom, it's father love.
And I'm actually embarrassed that you don't, he's not actually feeling like how we're feeling that.
It's about love, Tom.
Yeah, you know.
Father love.
You know, you know, you know, when you see some like this, here's what you say: you say, okay, fine.
But like, are you really thinking everybody's dumb?
They really do.
So Trump is no longer a father.
He's not a father.
So Trump is not a man.
And Trump's kids defending him is not the love of a son for a father.
Yeah.
It's not.
But it's because it's Joe Biden's correct little bad father in a son relationship.
By the way, she's not wrong.
There is an element of it that is a father and son.
But at this point of the game, the father is probably sitting there saying, dude, like, can you stop doing so much mess constantly?
The favoritism you see here and the hypocrisy is exposed and it's shown and it's very easy.
It's not subtle.
It's in your face.
What Alex Jones says, in your face, this is in your face.
Nothing about this is like sucking.
Yeah, well, this is this.
And by the way, do you think that that's her opinion?
Do you think that's what the producers are?
I was just going to say, do you think that's what the producers are?
I think that's her opinion.
Yeah, I think that's her opinion.
Well, let's just talk a little bit of producers.
Let's bring producers.
Anna Navarro, she's from Miami.
She actually used to live in my building.
Hates Trump.
You think?
Hates Trump.
You think?
Okay, so there's nothing she's going to do to defend Trump.
By the way, she's a Republican, but she's one of those Republicans that she's not a liberal.
She's one of those Republicans that crossed over in 2016 and she just couldn't do the Trump thing.
And she's been knocking him ever since.
But the reality is this, Anna, what a sad cope that you're trying to do right here.
Yes, he is a father, but once your father's the president of the United States, it goes beyond fatherly love.
This is a matter of national security.
So the one thing that I will give Trump for sure credit on is his kids turned out way better than Biden's kids.
I mean, he did lose Bo, you know, sad situation.
Former veteran died of, I think, brain cancer.
Very sad.
But you don't see Donald Trump Jr. smoking crack on the side of a highway, some prostitutes.
I mean, Kim McGuilfoyle, I don't know what she is, but I'm not going to call her a prostitute.
But she's probably yipped up on something.
But you remember when Hillary was debating Trump and they're like, say one nice thing about the other candidate.
Do you remember what Hillary said?
What did Hillary say?
She said, I actually want to give him credit for being a good father and raising your kids well.
So you got to give Trump credit on that.
Now, listen, I don't know how this happens.
I know that opiums and drug addiction is a sad situation in this country, and I completely empathize with those problems.
But if you're the president of the United States, how does it even come down to the fact you let your son become a fucking crackhead?
How does that even happen?
You took him into meetings with foreign dignity.
Dude, he was his bad man.
But if you think about it, not only is he the dumbest crackhead, think about all the crack kicks you've ever seen.
They're in the street.
They die.
He is the luckiest crackhead in the history of crackheads.
Think about it.
Making money.
And Tom, he's untouchable.
He could do, like, literally, he could kill somebody live on camera and nothing would happen to him.
Yes, he could.
They'd say something like he was on drugs.
He didn't know.
He didn't a money laundering scheme in plain sight by putting him out there as an artist who was suddenly getting half a million dollars for kindergarten grade paintings.
Yeah.
That was he sold him as NFTs.
He's an artist.
No, join the NFT scam club like the rest of America.
No, no, it's like, Adam, you're asking, hey, man, everybody's watching.
What am I supposed to do here?
Hang on, Adam.
We got something.
Okay, Adam, this is what we're going to do.
You're going to buy a painting.
I'm going to what?
You're going to buy a painting.
It's completely legal.
Just go to the gallery, buy the painting.
Are you kidding me?
Nope, buy the painting.
And it's a very public money laundering scheme.
You know, you know what is one thing about leadership?
Like when I would talk to my guys and let's just say I'm running the company and the guys are being super tough on the company.
And let's just say during that season, I'm going through something, whatever it could be, kids, family, life, health, whatever.
I don't respect people who use that as a way to gain sympathy.
Well, you don't know what I'm going through.
Listen, totally get it, what you're going through.
I understand.
But guess what?
Nobody asked you to be the CEO of a company.
And nobody asked you to be the president of the country.
Nobody asked you to do that.
But if you become a position like that, you know what you're telling the world?
What you're telling the world is, I can't be held at the same standards as you because I'm getting more attention and love and accolades and respect and legacy than you.
So people can't sit there and say, poor Trump, poor Biden, poor this.
No.
In history, trust me, they're going to forget about 99% of people that say poor Trump, poor Biden.
History is not going to forget about Trump or Biden.
History is going to write about these two guys, and they're going to forget about 99.9999% of all the other people in America or the world, right?
What does that mean?
And he's going to bitch about the position you took.
You chose to be that position.
That position comes with a lot of burden.
You know, the whole picture about presidents eight years later, what they look like, how they age quickly.
You go to the Smithsonian, it shows Lincoln when you go from the, you're like, oh my God, this guy says, he says, being a president is the greatest burden I ever took, the greatest burden.
It comes with it, and it is what it is.
Nobody told you to have a kid.
Having a kid is a lot of burden.
Nobody told you to start a business, starting a business.
Nobody told you to be a president.
It comes with it.
So yes, as much as we can sympathize, it is not a job for anybody.
We all saw what happened to Obama.
I mean, he went from being a young, vibrant guy to gray hair.
And Biden in three years went from an old, crouchetty guy who kind of had it together to an absolute mess.
He is a bag of potatoes out there.
Let's go to a couple stories here.
Let's go to a couple stories here.
Let's go to a couple stories.
Okay, so do you think you're rich?
Here's what Americans say about you being rich.
According to the 2023 Modern Wealth Survey by Charles Schwab, Americans believe it takes $2.2 million to be considered wealthy, but those who feel wealthy today have an average net worth of $560,000.
It's pretty interesting.
That's a small amount.
The survey reveals that 62% of Americans prioritize healthy relationship as a key indicator of wealth, while 70% believe wealth is more about not having to stress over money.
Social media impacts wealth perceptions with 47% of Americans saying being able to afford a lifestyle comparable to their friends makes them feel wealthy.
Additionally, 37% compared their lifestyle to what family and friends share on social media.
And 34% make purchase decisions based on what they see on social media.
Interesting.
Adam, thoughts.
Well, you know how Biggie used to say, mo money, mo problems?
He had that one wrong.
Let me tell you something.
Kanye, I think, had it said way better.
He said, having money isn't everything, but not having it is.
Let me tell you something.
When you have money in your life, all the little things, all the little problems, all the little annoyances, oh, flat tire, oh, traffic ticket, oh, monthly rent, do whatever.
None of those issues matter at any point.
And then what happens is if you don't do what these other people are doing and basically just keep up with the Joneses and just follow what people are buying on social media or what people are doing, what family and friends are doing that you're basically trying to keep up with, you can actually help the ones around you.
And I think that's what I liked about this relationship is they're prioritizing healthy relationships in their life to basically help the people around you.
And I think that's something that you, even you abide by.
I see what you do with family, friends, vacations, parties.
I think that's what the essence of life is when you have money is empowering the people around you.
Like I just took my mom to Israel.
Cost me a good amount of money to go out and travel, but like that was great, a great investment in my time.
I constantly help out friends that are in need.
Remember my buddy that we went to dinner with that one time, with the basketball player at the yard house?
His kids becoming a great basketball player.
He's like, listen, I'm running low on funds.
I want to take him to travel this summer in basketball camp.
Can I get a loan?
I'm like, I got you, but this is for your kid.
So that's what I found.
Since I have money now and I think that I have like financial freedom, the best return on investment is A, investing in myself, B, helping the people around me.
And then lastly, buying things that I think Are nice and they're fun.
But the last point that I'll say is this: you know, they say the comparison is the thief of joy.
Don't compare yourself to what other people have.
What you should do is compare yourself to where you were two years ago, five years ago, 10 years ago.
And that should be the barometer for your wealth.
It really also comes down to age.
So, for instance, if you're 40, don't compare yourself to a 60-year-old.
If you're 20, don't compare yourself to a 40-year-old.
So, like, look at PBD.
Let's use him as an example.
Judge yourself on where you were five years ago, 10 years ago.
Clearly, you've done well, but don't compare yourself to, let's say, Grant Cardone.
He's 65 years old.
I didn't realize how old that guy was.
I Googled it the other day.
Homie's 65.
Now, allegedly, he's worth half a billion dollars or a billion dollars.
I'm saying I shouldn't compare myself to Grant Cardone.
Is that what you just said?
I'm saying that by the time you're 65.
When have you ever heard me talk about Grant Cardone?
Zero, ever.
Not.
I'm growing up.
It's a weird comparison.
This case.
The reason that I'm doing it.
I've never heard this before.
The reason that I'm doing it is because he's 20 years older than me.
But that's a very terrible analogy because I've never compared myself to Grant Cardone.
I'm not.
I'm not saying that.
I understand the point you're making.
I understand what you're saying here right now, but that was kind of weird for you to say.
I'm just saying he's way older than you.
So you shouldn't compare yourself to a Warren Buffett.
And I think he's killing it in ways that for him to be in the physical shape that he is and doing what he's doing.
You're making a point about don't compare yourself to other people in different places.
I do believe in having positive peer pressure around you to make you step up and challenge yourself as much as possible.
I think you need to be around an environment.
Here's what happens with positive peer pressure.
In a positive peer pressure, one of two things happens.
Unfortunately, I've seen this in the last 20-something years.
One, either you cave and you quit and you go to a more safer environment where it doesn't give you the kind of pressure that you're not giving your best, or you wake up one day and you're like, damn, look who I've turned into.
Very impressive who I am today.
It's a necessary thing to do to have positive peer pressure around you.
But the part where I said, I can't believe that's not a lot of money, wasn't the 2.2 million.
For me, it was the, what do you call it?
The $560,000.
What do you say?
It said, what about $500?
It says those who feel wealthy today have an average net worth of $560,000.
$560,000 is not a lot of money today.
It's just not a lot of money today.
And also, it has to do with your age, but it's not a lot of money today when you're looking at retirement, closer age, things like that.
So I don't know what the age of this is.
Anyways, let's go into the next story.
I want to go into the next story with economy on Tom.
Tom, let's look at a pa-pa-pa-pa-pa.
Okay, here we go.
Number of U.S. home sales plunges to lowest level since 2012.
Number of U.S. home plunges to lowest level since 2012.
So number of homes available for sale in Eurozone Mayor 2000 fell by 7.1%.
Previous year, the first annual decline since April of 2022, reducing availability to its lowest level since 2012.
Redfin, which reported the data, states nearly every homeowner with a mortgage has an interest rate below 6%, meaning many are opting to stay put because selling and buying a new home would mean taking on a higher monthly mortgage payment.
Housing affordability continues to be a major concern with the median price of an existing single-family home rising from $300,000 in 2020 to $393,000 in April of 2023.
This has caused the mortgage payment as a percentage of increase to jump 14.7% to 26%.
Let me read that one more time.
That's caused the mortgage payment as a percentage of income to jump from 14.7% of your income to 26% of your income, which by the way, that's always what I go to when these realtors and mortgage officers are like, well, let me tell you, you know, home prices are this.
And no, affordability is something you have to be thinking about.
And Tom, the guy that gave us a report at the Elite Mass Month that we had, the report that he gave Vinny, in 2021, realtors in California, brokers, realtors in California made $18 billion in commissions in 2021.
$18 billion.
$18 billion in commissions.
That dropped to $9 billion the following year.
Okay.
$9 billion the following years, how much commission they've made, which means there's not a lot of inventory to sell.
The prices may be held up, but there's not enough inventory to sell.
Tom, when you see this story, what do you think about?
Well, what I think about is on its face, that's exactly what we're seeing.
And what this gentleman pointed out and some information that I was digging in, you know, a year ago, I thought interest rates could get to 10%.
I remember I said it on this podcast.
They got up to seven, seven and a half percent, and they've kind of mellowed a little bit.
But it's a sustained, it's not just a spike.
It's not coming back down.
And that interest rate is exactly what is driving this.
That if I was to sell, let's say I had to move from Nashville and I had to move to, you know, plantation.
I look at it and say, well, if I sell my house in Nashville and then buy a house in plantation, you know, at 7% interest rates, I'm screwed.
So you know what people are doing?
I will lease the house with its 3% interest rate in Nashville and I'm just going to go lease a house in South Florida because I probably, even if I sold in Nashville, I probably wouldn't be able to afford to buy the house.
So what's happening is the supply is stuck.
This is called the stuck supply problem where people, even if their job forces them to move, they're Airbnb or they're keeping their house in the previous market because it has a low interest rate and they want to preserve that interest rate.
By the way, it's also got property tax based on the purchase value way back when.
And if they bought that house in Florida, they're going to be buying at a higher purchase price.
So their property tax is going to be up in addition to the actual payment.
So we have a supply problem that is keeping prices high.
And the high mortgage rates is causing the supply to be low because no one wants to sell their houses.
I'll flip it for you, Pat.
Can we go to San Francisco folks?
Home prices are down 17% in San Francisco.
Why is that?
I'll tell you why.
Because supply is coming up.
Why is supply coming up?
Because people are leaving.
And why are people leaving?
Because of the jobs in the city and the policies in San Francisco.
So when you have intervening factors in San Francisco that are causing people to actually say, you know what, I am selling and I am leaving.
The supply comes up and the prices come down despite the mortgages.
So there's a, I won't dive into it, but there's a Blue City Mayor case study to be done here of what they've done that's causing people to actually sell at this time no matter what.
And so prices are coming down in San Francisco.
But on a market level, the supply is going to remain stuck for a little while here because the Fed is saying in their last report, they may raise a little bit at the end of July, like another quarter point, but they don't see a steady reduction in rates for two years.
I'll add one thing to that.
I mean, we all know in basic economics, the law of supply and demand.
It's the number one thing you should understand.
But it's hard to gauge that just looking at it, like, what's the supply?
What's demand?
But what you can gauge, if you're an average person out there, is this home or this car or this asset, is it cheap or is it expensive?
And that's something that you could eyeball and be like, all right, yeah, I can afford that.
That sounds like a good deal.
Or holy shit.
How the hell am I going to afford something like this?
It's hard for you to eyeball supply and demand like in San Francisco, but it's very easy for the average person to understand whether you're getting a good deal on something or whether you're paying an arm and a leg.
And these days, people completely understand that they're paying an arm and a leg for homes out there because the supply is not exactly where it could be or it's not very high.
And prices are unbelievably high.
And this is what we've said for a while.
So people are asking, well, what do I do right now?
What's in it for me?
I'll tell you what's in it for you.
What's in it for you?
If you're in a market that has maintained its COVID pop on pricing and you don't see it coming down, now's not the time to buy a house.
Now's the time is to lease as efficiently as you can and save your money.
If you're fortunate to be in a market where maybe prices are coming back down a little bit, now I sound like Sauce because he's saving them.
And the reason I sound like Sauce is because on this point, Adam is 100% right.
Save that.
It's okay to rent.
It's okay to save that money and wait for a good time to buy.
Yeah, and Adam, that being said, after everything from listening from you and listening to Pat and listening to what you said about your friend, I feel comfortable asking if I could borrow $25,000 from you.
No problem.
Thanks, Adam.
I appreciate it.
Charge 10% interest.
You know, when you say something about 17% of prices down in San Francisco, more than $330 billion of equity lost in San Francisco.
That's a lot of money.
$330 billion in value lost in San Francisco, right?
Okay.
This is the Epoch Times article.
If you want to read it, you can go look at the article further.
But, you know, you see this and you say bad policies have consequences.
Did you know, Tom, what city in America across the board, if you look at income, $5,000 to $10,000 income range, then $10,000 to $20,000 cohort, $20,000 to $30,000, $40,000 to $50,000, $50,000 to $60,000, all the way down to, you know, to $200,000 plus, which city has the most 200,000 plus earners in America?
Which city?
You know, because we talked about this, I don't want you to say that.
You're saying annual income?
Annual income.
Which city has the most $200,000 earners?
I have two cities that come to mind.
Go for it.
You want to go first?
No, go ahead.
Well, three cities that come to mind.
I got New York, I've got D.C., and I've got San Francisco.
So it's D.C., okay.
And by the way, and it's not even close.
Okay.
Now, do you know what is the number one sector in D.C. that pays that kind of salary?
Lobbyists.
Lobbyists.
Public administration.
These are the types of jobs that they have.
Damn town.
By the way, do you know what city in America is highest in crime today, not even close?
It's probably D.C. as well.
Do you know what city in America?
I'm three for three guys.
Do you know what city in America is the highest in homelessness per 1,000 people?
I'm going to take a wild guess and say D.C. is.
Do you know what city in America is number one in larceny?
D.C.?
Do you know what city in America is number one in burglary?
Is it D.C.?
Do you know what city in number one is in robbery?
I'll take D.C. for 200.
Do you know what city I can keep going on and on and on and on in every possible way?
D.C. is number one.
And by the way, here's the crazy stat about D.C. Do you know since 1975, when D.C. became a district and they started having mayors, do you know how many times D.C. has had a Republican mayor since 1975?
How many times do you think since 1975?
Since zero?
Since 1975.
That's 50 years.
How many times do you think?
One.
Never.
Never.
A single Democratic mayor.
Ever.
Never.
Not maybe once, not twice.
They've never had it.
So what does it tell you?
Terrible policies.
So people don't want to move their companies over there.
They just don't.
And by the way, you know what community DC has been the worst to over the years?
Black community, okay?
Horrible.
If you go a little lower on this article, Rob, go a little lower on this article on viotima.com.
Go a little lower.
If you look at the numbers, go lower, Look at that one right there.
1985, the Anti-Drug Abuse Act of 1986.
They created a law that was 100 to 1 crack cocaine disparity, which meant that a person that got caught with crack cocaine would receive a sentence that was 100 times longer than a person that got caught with the same amount of powder cocaine.
Who do you think they were targeting?
African and the blacks.
And by the way, this 1986, while the mayor is a Democrat targeting blacks, again, bad policies have consequences.
Who in the right mind is thinking about moving their families to D.C.?
Who in the right mind is thinking about moving their families to San Francisco right now?
Who in the right mind is saying, you know what, why don't we move our business to San Francisco?
I don't know a lot of people that are thinking about that stuff.
The best part that's going on right now, the best part that's going on right now, man, we finally have a few years to look at policies to say, damn, that shit didn't work.
When you're in it and people are selling it, you may be like, well, maybe it does work.
Let's wait and see if it works.
Guess what?
It didn't work.
San Francisco failed miserably.
D.C. failed miserably and continues to fail.
They don't care about the community, what's going on over there.
Anyways, so I love the fact that what we're looking at these numbers and the flip side of it, Rob, if you want to pull up the least affordable city, go through.
I'm going to show you some numbers about D.C. real quick.
Let me go into the least affordable.
I'll come back to D.C. To flip side of it.
Here's what happens when you have great policies.
Okay.
Real estate is booming in Miami.
Why do you think it is?
Because people are moving there.
900 a day.
And it says it's not a good thing.
Not if you're making under 60 grand a year and need some sort of affordable housing.
They're right.
However, guess why?
And what causes a city to increase pricing in homes?
Because those types of people are showing up to your city.
With the average income in mind, residents would have to sacrifice 80% of their monthly income to own such a home.
LA comes in at a second, number two, with 77% of their income necessary to pay for purchase home.
Oddly enough, Newark, New Jersey is third, but that's most likely due to New York City spillover post-pandemic.
New York City itself is ironically ranked number four, 70% needed.
And then if you go lower in 2021, 62% more people move into Florida than moved out, with the state's population increasing by 2% in a single year.
Miami's tax rate with federal tax included are about 10% lower than that of New York City resident.
And a Manhattane making $150,000 a year saves $50,000 just to relocate to Miami.
And by the way, Orlando moved up seven spots, just so you know, during the same exact time.
What does this tell you?
Bad policies causes you to lose great people.
Great policies that DeSantis had in Florida causes you to gain great people.
Very interesting concept.
And bad policies attracts bad people.
And when people say, what do you mean by bad?
Those who are a net negative to society who want reparation checks move to San Francisco.
Those who say, I don't need you to give me any reparation checks.
Just leave me the hell alone.
Let me build my life.
Let me raise my kids.
Those people are moving to places like Florida, Texas, Tennessee.
It's great.
It's a case study that's proven which policies attract and produces results and which policies attract and produces trash.
By the way, Newsom is the case study that's losing great people, gaining net negative people.
DeSantis is the case study of gaining great people, losing net negative people.
When Dwayne Wade said, we can no longer live in Florida, even though it's my home and a lot of these people have my jersey on the walls.
You believe transgenders should be able to decide to change their bodies At eight, nine years old.
Yeah, you believe that.
Yeah, Florida, we don't think it's normal.
California does.
Move over there.
No problem.
Do you mean to tell me that's a net negative to society?
In a way of confusing the hell out of kids under the age of 18, yes, that's a net negative to society.
I say yes to that.
So, anyways, you were going to say some stats about D.C.
Well, yeah, just to kind of give some credence to you, by the way, speaking of that crack epidemic going on in D.C., where does Hunter Biden live these days?
Oh, D.C., yeah, there's crackouts.
Crack.
Who was the only mayor in our country's history to get arrested?
Oh, Marion Berry.
Marion Berry, the mayor of D.C. Indicted Mayor Hall of Fame.
He's number one.
He's on Mount Rushmore of indicted mayor.
Yeah, his campaign thing, I will get the drugs off the street and into my nose.
So it's like it was a great campaign.
Rob, this is the stats on D.C. I'm sorry, of the highest end.
Go to 2020 census.
Okay, yeah, scroll down a little bit.
By the way, here are the counties where the median household income we were talking about.
Look how many counties are in Virginia.
Now, you know, they call that that area around D.C. the DMV, D.C., Maryland, Virginia, with all within, you know, a half-hour drive of D.C. Let's count how many are in Virginia DMV area.
Number one, Loudon County, Virginia.
Number two, Falls Church, Virginia.
Then you got three and four, which is California, no secret.
Then you've got Fairfax County, we're all familiar with, in Virginia.
So that's three out of the top 10.
Then you got Maryland, Howard County, Maryland.
Then you got Arlington County, Virginia.
Then you have California.
So four in the top 10 are all in the Virginia area.
So when we find out where all this lobbyist money goes, all these slush funds go, all this waste, all this pork belly they talk about, right to lining the pockets of the people that work in D.C.
Well, and Amazon's second headquarters is now, I think it's one-third full now, and those are very high-paying jobs.
He helps.
And we can thank AOC for that being in D.C. because it could have been elsewhere.
So AOC are so amazing for helping those people.
But I actually applaud you for pointing this out because nobody talks about D.C. in this regard.
We think of San Francisco's expensive, New York's expensive.
Somehow, D.C. is not exactly in that conversation, but it definitely should be.
All right, so let's go through some of these weird ideas here that just split a bit craziness here when you take a look at this stuff.
Student, is this a video that we got or what is it?
Rob, you have the article here, but there's no losing.
I have an article up here for you.
Hang on.
Oh, okay, because all I see is the story about what's going on.
Vivek just tweeted this.
5% of American adults under 30 identify as trans.
5% of adults under 30 identify as trans.
Five years ago, it was 0.6% that identified as trans.
That's not visibility.
This is social contagion of a mental health epidemic.
Okay.
Vivek is making a lot of sense lately.
Do you want to pull up this tweet, Rob, to show this to the audience?
Is this a tweet you had here?
Was it a video when he said that?
It's a tweet and video.
Let him say it.
Play the clip.
We need to end this mental health epidemic, not just with anger.
I'm not angry at trans people.
I'm not.
I'm frustrated with the culture that venerates a mental health illness that we should be treating instead of actually throwing kerosene on and fueling to spread like wildfire across this country.
I know you're not supposed to say many of those things out loud, but I just think it's important that we speak truth because that's got to be the first step towards getting to a solution.
And that's what I'm hoping to deliver.
Listen, too much logic, man.
Well, he's got too much logic, too many things that make sense.
Pull up the tweet one more time.
I want to read that one more time for the audience to see it.
Zoom in a little bit, 5% of Americans under the age of 30 identify as trans.
Just five years ago, it was only 0.6% of 18 to 29 that said they were trans.
Not visibility.
This is social contention of a mental health epidemic, even to the point where a kid doesn't get a chance to walk across the stage.
You saw the story, right?
This kid is like, you know, a student banned from walk-in at graduation after saying boys are boys and girls are girls.
Is this the article, Rob, that you have?
Guys are guys and girls are girls.
There is no in-between lore recounted saying, I think a lot of people thought my statement was against people or against people or against groups.
And it wasn't targeting any groups.
At the time, Laura was supposed to impart words of wisdom to younger students at high school before his remarks at Shoshone News Press reports due to the Family Educational Rights and Privacy Act.
The school district cannot go into detail regarding the incidents surrounding Lore.
That makes a lot of sense, of course.
The student was also accused of participating in a senior prank involving toilet paper, a dead turkey, inscribed messaging on brick walls before ceremony.
They informed me that they think I'm going to have an outburst at graduation.
I get the senior prank thing, but that was more of a group thing.
I haven't had a problem all year.
I just think my message was taken the wrong way.
So kid cannot say guys are guys.
Oh, my.
And Pat, let's just be honest.
I know us would graduate, by the way.
It's okay, Pat, we always talk about wars, Russia, Ukraine, the war, and this.
The real war is good and evil.
And I tell people every single day, I'm like, it's wartime.
Like, what are you going to do?
Are you going to sit on the sideline or are you going to get in there and fight?
I don't know if you guys saw this.
Rob, I just sent you the link on its Instagram on Slack.
Last week, California passed AB, this is a bill 957, which gives the state the legal right to deem any parent who doesn't affirm their child's gender identity as child abusers and could result in a loss of custody.
And then there's, I sent you this.
This representative, if you go to the video, Rob, Pat, this is Lori Wilson saying that she's not only 100% in.
Look what she did with her kid.
Can you listen to that?
Play it.
Play that clip of her.
Affirming a child's gender identity is in their best interest.
And it really is because if you have a seven-year-old who's talking about having a potential to say, I being able to articulate what they believe that they are not the same gender as they are biologically, then it should be affirmed.
And through care, it should be determined.
And that's what we did with our own child.
And that would give the ability for a parent who wasn't sure to affirm and get their child the care that they need to make that so they can begin to articulate that determination.
She's doing it.
But by saying and rejecting it and wholesale, then you're essentially rejecting your child.
And that is not in the best interest of a child.
We should be affirming our children in every possible way and getting them whatever appropriate care they need, whether it's based on their gender, whether it's based on how their studies are in school.
It doesn't matter.
Our children should be affirmed.
So mind you, Patrick, you guys heard that.
Her seven-year-old said either she's a girl of opposite sex, and they're like, we're all in.
So that kid, I don't know if it's happened already, is going to get drugs.
They're going to be castrated if they're a dude.
Like, this is when I'd say it's a freaking war of good and evil.
Those people are making the laws and making the decisions.
And if you, Pat, if your seven-year-old says, I want to be a girl and you say no, they'll take your kid away.
That's what that bill in California is saying.
It's unbelievable.
Tom, how do you process that?
Well, the way I process it is they better get ready for Lord of the Flies in the classrooms because, first of all, you know, affirming your kid, hey, I want to have ice cream at 3 a.m.
If I say no, I'm not affirming my kid.
You know, you basically have to understand that with kids, you need to put guardrails to create great citizens.
Gay, straight, whatever they turn out to be, you in terms of lifestyle, there's guardrails around entitlement, there's guardrails around structure and behavior.
And if you consistently affirm everything, then you have no structure.
You have an out-of-control person that when they walk into some structure, and let me think, like a job, they're going to be ill-equipped to socially in that environment, you know, operate when they walk into some structured environment like a science class where you can't just say, well, I don't agree that two and two is four.
Really?
Well, I'm not affirming you.
I'm giving you a C.
We are basically about to raise a generation of kids that are permanently affirmed and entitled, permanently affirmed in the wrong ways, and are entitled.
And what we don't understand is that the structure builds character and character builds citizens and citizens build cities, cities build states, states built countries.
So this is a very bad waterfall effect that's that's coming soon.
Tom, when I was seven years old, Pat, I swear to God, ask my brother, ask my sister, I thought I was Superman.
I would take a towel, wrap it around my neck, and run around the house.
And these days you think you're a vampire.
I think I'm a vampire.
Yeah, but I thought that's hilarious.
Did you jump off the picnic?
Please on the battle and discover you were not well.
Thank God that my mom didn't go, you know what, Vinny?
You are.
Climb up on top of our three-story freaking apartment complex and jump because you could fly.
Thank God she didn't do that.
And it's like a seven-year-old's mindset.
I know, and I know people, some people are like, do you, any of you have kids?
I don't have kids.
They have kids.
I don't need kids to know what's right and what's wrong.
So all those people that are like, you don't have any kids.
You have no idea.
It's not your kid.
I'm not stupid.
Kids are innocent.
And if you don't protect them, then you're on the wrong side.
Can I just, I can't.
That's an important point.
Go ahead.
Yeah, I can't believe I'm going to say this.
I just want to be devil's advocate.
Protecting them.
I just want to be devil's advocates for a second.
Okay.
I'll start off by saying one of the proudest moments I've ever had in my life was when my 10-year-old nephew was like, Yeah, I have a girlfriend.
I'm like, that's my dog.
That's my guy.
It's like, you never know with a kid.
But like, all right.
But here's my question.
That lady giving that speech, right?
Do you think she loves her kids?
I don't know.
I'm asking.
It's not a question of whether you love your kids.
You know, there are people that love their pets and they don't train them and they're a nuisance in the neighborhood, right?
But you can't compare a pet to a kid.
But I'm asking very simple question.
This isn't a question.
I can compare a person's ability to lead their pets, their dog, their family, and their kids and say, is this a person of structure that's respectful of the neighborhood?
Now, kids are humans and are the ultimate point of value.
You know, I can look at somebody and say, the kids are crazy.
Their dog is crazy.
They're not a good neighbor.
They're not helping society.
This is nuts.
Gay or straight, you know, what are you doing?
What I'm solving for is this.
I'm trying to understand these parents' mindset because if I, I don't have any kids, but when I do, and if I, God forbid, I have a seven-year-old that wants to transition, I'll be like, not so fast.
Like, this is not happening.
Like, that's not a thing.
But these parents who are going to affirm identities and allow their kids to take these steroids and homeown blockers and all this stuff.
I'm wondering how Pat famously says, how do you process this?
How do they process?
Like, I'm wondering how they process this.
I'm assuming they love their kids and they want the best for their kids.
And this is the approach that they're taking.
Now, I think it's wrong.
I think it's weird.
But I guess my question is, should they be held responsible for this?
Should they be held liable for this?
Are they wrong for doing this?
I agree that they should not do this.
I'm just trying to understand their mindset as a parent, why they would allow their kids to do something like this.
Adam, let's ask you, why do you think?
I think I don't know.
That's why I generally don't know.
What do you think?
Why do you think what causes these guys to think these guys love their kids?
Great.
So why would they do that?
I think that they love their kids so much that they don't want to tell them no.
And when a kid's like, I want to be a parent.
But let's put that as one.
So that's one.
What else?
Why else you think?
I think that there's some sort of societal contagion going on here.
Perfect.
So why else do you think?
Two of them so far you said that one of them is they don't want to say no to their kids because they think that's a bad parent.
Number two is societal contagion, which is cool to do that today.
So they're kind of following that.
Why else you think?
Yeah, I think I generally, this is something that is very confusing to me.
And I generally don't understand this.
Why?
Because this was something that didn't exist when we were kids.
I didn't know any kid that was trying to switch genders.
I told the story famously about I knew two girls in elementary middle school that played sports with all the boys and they were just tomboys.
That's it.
They just over time, they just became who they were.
Now one is happily married with kids and one is a full-on lesbian.
But she didn't switch her gender and become a man or anything like that.
Stay on this topic.
Answer your own question.
Why do you think?
There's something going on in society today.
So why do we do this?
Let's change the question.
Let's change the question to this, to all of us.
So we have to define, is it fair to say there is bad podcasters out there, good podcasters out there, and great podcasters out there?
Yes.
Okay.
Let's define the greatest podcaster out there, which is Joe Rogan.
Okay.
What makes him the greatest podcaster?
Let's give him the 10 out of 10.
Okay.
He's curious.
He's funny.
He's real.
He's straight up.
He has opinions.
His opinions change.
He's evolving.
He's got some interesting takes.
He interviews everybody from every spectrum, everyone.
He interviews anybody and everybody, pretty much for the most part.
But, all right, cool.
He asks the right questions.
He's patient.
He's, you know, a bunch of good qualities.
Let's define, although typically no one knows bad podcasters, but let's define what would make a bad podcaster.
No preparation, no research, horrible guests.
No point of view.
You can't keep my attention.
You're not interesting.
You're not consistent.
You don't do it.
You're just kind of like something that you're lukewarm about.
Boom.
Perfect.
Okay.
So can we go in this, like when we're looking at RFK and we're comparing him to Peter Hotez, in the area of who has more fancy degrees, who wins?
Hotez.
Hotels.
In the area of having done more research in health and all that stuff, who wins?
Probably Hotez.
In the area of who is healthier in life, who wins?
Kennedy.
Kennedy.
In the area of a person that's simply asking questions and going against the establishment, who wins?
Kennedy.
Okay, you get to pick and choose on how we define him.
All right, let's go here.
Let's define, because this is where the argument ends.
Let's define a bad parent and a great parent.
What is a great parent?
Let's define qualities of a great parent.
Provides for the child.
So it provides.
Gives them the right morals and the right lessons for life and guides them, gives them the right path, puts God in their life.
Puts them on the right side.
I think it's someone who has structure.
It's someone that sets boundaries.
That's someone that educates.
That's someone that shows affection, but that's somebody that isn't afraid to say no.
There you go.
Now it's changing, isn't it?
There you go.
Now it's changing, isn't it?
So you just said it.
Structure.
You made a very eloquent argument.
So, structure, boundaries, somebody that shows no, you said empathy.
What's the third one you said was very important?
Affection.
And then you said, What?
No.
Okay, Tom, you're a parent and not, you're one of the greatest parents I know.
What else would you add to that?
Well, it's something Adam said a minute ago.
He said, I love you so much, I don't want to say no.
That's parental insecurity.
They love themselves too much to risk the child's life.
Let's stay on great parents.
No, no, let's stay on.
Great parents.
I love you too much to say yes.
And I'm unafraid of your reaction because I need to guide you through it.
Yep.
I love you too much to say yes to certain things.
Okay, perfect.
So now, do we want to add anything else outside of this?
I thought it was very smooth how you said it.
Structure, boundaries, affection.
No, I love you too much to say yes.
Do we want to add anything else here to the great parents?
I think you prioritize character and education.
I also think it comes down to roles of a man versus a woman.
Character you bring to the table is different than what Jen brings to the table.
You guys are different.
Now, and you guys are great parents, but the way that you handle things are different.
Sure.
Can we now define what a terrible parent is?
Someone that's not there.
Okay.
They're never there.
Financially, they're not supporting the family.
Security, there's they're not, you know what I mean?
They don't give them a place to live.
You know what I mean?
I'll sum it up.
Is it the purpose of the child is to love them?
You know, is a bad parent is the child is there to make you feel better.
That's horrible.
No guidance, Pat.
No morals.
We see that everywhere.
You know what I mean, Pat?
What else is a quality?
Can you go up?
Let's just see what psychology today says what a terrible parent is.
What else would you say about a terrible parent?
Enablers.
You know, you know, enablers.
You don't correct your child.
You enable it and you mollify it and you give them a scream to shut up.
At the end of the day, it's the exact opposite of what makes a good parent.
That you don't have structure, you don't have discipline, you don't have affection.
You won't say no.
But stay there.
What are signs of bad parenting?
Look at that.
Strict and rigid discipline is bad parenting.
Bullshit.
Okay.
Strict and rigid.
Okay, so it's a withdrawing affection and it's little shaming.
Okay.
So shaming, okay, I totally get it.
Yeah, and now there's different sides of the spectrum.
Like on one side, little or no discipline, and the other side is rigid discipline.
But here's the amenable.
Here's the part for this woman to say, if your seven-year-old child say they this, you know what you're saying?
Here's what you're saying.
What you're saying is the seven-year-old child knows just as much as you about life.
That's what you just said.
If the child says that, the child is at an equal level of wisdom and intelligence as you at 35 years old.
She looks like she's 35.
Is the seven you so then you are dumb?
Yes.
That's what you are.
Because most seven-year-olds are trying to learn and they want direction.
And they will say anything and everything to get attention.
Now, how many videos are you seeing coming up where the kid says, My mom just wants me to be gay.
If I become gay, my mom will be so happy.
And the kids, mom says, I never said that.
Your mom, you always want me to be gay.
I just saw this.
You always say you want me to be gay.
Honestly, I'm not.
I can't believe you're saying this on live.
So, so the point is, listen, somebody has to have a brass ball to go out there and say, Here's a great parent.
Here's a bad parent.
To all the great parents out there, we salute you because you make the world a safer place.
You make communities safer.
You produce people like anytime.
Like, for example, when I would get somebody, I said this to Sheena's mom and dad came and talked to me one time.
And I looked at Sheena's mom and dad and I said, Listen, I got the product.
I didn't raise her for 25, 18 years.
You did.
I just want to tell you, thank you because I got the product after you raised her.
Grace is upstairs yesterday, you know, sitting there working, doing her part at 14, 15 years old, 16 years old.
That's a product of Paulette and Siamak raising her well.
Yep.
When I see Bailey, by the way, shout out to Bailey.
She just took her SAT scores.
You know what she got out of 1600?
1560.
Bayley just got 1560 on her SATs.
That's too wrong.
Is that too wrong?
She just got, she got 790 on math.
Shout out goes to mom and dad.
Of course it goes to Bayley.
Of course.
But Bailey knows if her parents were somebody else, she wouldn't have a 1560.
Life, sometimes you need the right people in your life to kick your ass and set an expectation and standard and say, no, step it up.
Move up to this level here.
That's not easy.
That's a lot of hard work and discipline and dedication and sacrifice from your own stuff that you're doing.
No, we have to define what is a great parent and what is a bad parent.
And we have to keep recognizing the great parents.
When I see, yesterday, Mario brought a couple people here.
One of the kids was talking to me.
Hi, how are you, sir?
So I love your work you do.
The guy's 12 years old.
I said, why are you so confident?
He says, what do you mean?
Mom and dad are standing right.
I said, why do you talk so eloquently and confidently?
It's not normal for a 12-year-old to talk like this.
Well, sir, I'm a very confident young man.
I said, well, I want to tell you.
I said, I hope you thank your mom and dad for raising you this way because this is not common.
This is not common to be disrespectful, this confident as you're at 12.
I hope when you leave this place, you say thank you to mom and dad because without your mom and dad, you wouldn't be the way you are right now.
And I looked at the parents in front of the kid and I said, I salute you.
I salute you.
And I thank both of you for being great parents.
We ought to recognize great parents and we ought to call out bad parents because it's happening.
And these poor seven-year-old kids, eight-year-old kids, nine-year-old kids, when they're 38 years old by themselves and they have nothing else to do, there is no way of going back.
Once you take these blockers, these things that you put in your body, there's no way of going back and being the same person you were, being the person that God created you to be.
You're questioning God.
The concept of saying, I am not this person, you're telling God, your creation wasn't good.
This was not a good creation.
You know what?
This is how, like, I'm having a conversation with somebody yesterday, and I said, look, here's what you have to realize.
I don't sit there and, you know, you know, certain things that were wired, we improve as human beings, but certain things, you're wired the way you are.
Okay.
But some of the stuff it's like an excuse.
It's an out.
Well, that's just kind of how I am.
It is what it is.
I'm a smoker.
It is what it is.
I don't work out.
It is what it is.
I'm a yarn.
No.
If he created somebody that says overly, you know, high standards, you know, busting their ass, very detailed, meticulous, OCD, whatever, all this stuff that people want to add up there.
But if you're somebody that's a high standard person, who created you that way?
Probably a byproduct your parents got.
You're wiring your DNA.
That's how you're created.
Phenomenal.
Thank you for building me that way.
But today, today, when it comes down to parents, man, I wish we would do a better job recognizing these great parents.
You know the whole thing that we're trying to do with Glendo?
Whole thing that we're trying to do with Glendale right now.
And we're talking to a bunch of halls, to all the people that are listening that you guys are having calls late night, all this stuff.
I get all the messages just so you know, you know who you are.
I want to tell you, I thank you.
I applaud you.
I respect you.
We're trying to get a haul right now.
All these halls in Glendale, every one of them have been very, what do you call it, accommodating.
All of them.
Such a freaking classy.
Just the community's showing we want to do.
But they're like, Pat, we got weddings on Friday and Saturday night.
They're right.
I mean, no, stop the wedding.
No, you got to do your weddings.
I totally get it.
We're trying to do something to go Glendale doing an event.
I don't know if it's going to happen anytime.
I wanted to do it this Thursday, this Friday, or Saturday because I want to do it when the momentum is high.
We're out of the country.
We can't do anything.
We're leaving, right?
But the only reason I want to go to Glendo is just to tell the great parents, listen, don't second guess yourself.
You're doing good.
Keep doing and raising your standards.
We ain't perfect, but keep getting better.
They just need a platform for people to realize you are incredible as a parent.
Keep raising the standards.
They're making you think you're making a mistake, but you're not.
You're doing good job.
So, this whole conversation can be solved if we can identify what's a great parent and what's a bad one.
We recognize the great ones and we call out the bad ones.
Until we do that, this is going to continue.
Yep, and you have to.
And I think when you see it, like I said about the battle, are they going to sit on the sideline?
Are you going to step up?
It's those same parents, and we've been seeing it this entire month.
Yes, it's been Pride Month, and I congratulate all the people for all my gay friends and family members with the Pride.
But these are the same bad parents that are taking their children, three years old, four years old, two years old, and then bringing them in the street, Pat, when there's grown men butt naked, butt naked, twerking.
There was something I think in Minneapolis, one in New York, where there was like a fountain in Seattle, there's a fountain, Tom, of water, and it was just no clothing was optional.
People like, listen to me.
If you are a parent and you are bringing your kids front row to a parade where there's butt-naked grown-ass men, you fall in that shitty, horrible, bad parent, and you should be ashamed of yourself.
And I wish there was a law that where your ass could get arrested for doing that shit.
Because, Tom, at five years old, I remember everything.
I remember everything visual.
This is going to be stuck in little kids' heads for the rest of their lives.
And I think this is disgusting, and they should be ashamed of it.
I'm with you, Vinny.
This is absolutely absurd.
This is ridiculous.
If you're listening, if you're an adult, you want to go to something like this and see naked, sloppy people walk around and celebrate the pride stuff, all you.
But you bring your child to this, I would say that is on the realm of child abuse.
And I'll say one thing, and Pat, I want to get your opinion on this.
You got Pride Month.
That's 30 days Pride Month.
There's also Trans Awareness Day, and there's so many different LGBTQ things going on out there to celebrate the Pride Month.
You've got one day of Mother's Day, and you've got one day of Father's Day.
What's the month that they celebrate families?
What month is that?
It doesn't exist.
I was just like, it doesn't exist.
Why are we recognizing we're capitulating to the 1% or the 2% or the 3%?
I agree.
You have your rights.
But family values, we've seen them plummet in the last decade or two, right?
Since the 80s, basically.
And I think what you're saying is that common sense always wins and common sense prevails.
What we're trying to, I think, see is this return to normalcy: families are what make up America, not naked gay dudes parading in a street.
And I think people are just over it.
By the way, this guy, Brian Crassenstein, I don't know who he is, but he's somebody because he's got a big following on Twitter.
He said, Number one, seeing a man naked on a bike isn't going to have much of an impact on any kids.
They have likely seen their fathers or brothers naked before.
What a weird thing.
Okay, there's a big difference between seeing your father when you're four years old versus seeing a random dude naked.
Number two, by the way, Elon Musk tweeted this.
Number two, sharing an uncensored video of a naked man on a bike to an audience of possibly 30 million kids on Twitter is arguably worse than riding a bike naked in front of a kid or two and planned event that the kids' parents took them to.
Number three, there are much worse things than the average kid will see or hear online and offline in a typical week.
By the way, I agree with you.
You realize this guy saying what he's saying, seeing a man naked on a bike isn't going to have much of an impact on any kid.
Either this guy doesn't have kids, or two, if he does, he doesn't value that part.
But I will tell you, majority of America, majority fully disagrees with you on this, Brian.
And I think I would put that as 95% parents, not people that are single, not people that don't have kids.
This would need to be a very clear poll with parents with kids would totally disagree with this.
But this gets people to say, well, he's right.
What's the big deal?
What's the big deal?
Yeah, this is when you have to call out bullshit and you have to call out what's people that are doing it right.
He starts with a justification, moves on to being an apologist, and then finishes with a justification.
So he really doesn't make a point of his own here.
At all.
Yeah, but you know what?
Some people follow it and they say that makes a lot of sense.
Elon must retweet it and say, this guy makes no sense.
And Elon's got, I don't know, 10 kids, I think, at this time.
Freaked off.
And one of those kids went trans, I believe.
Yep.
One of his kids did that.
How did that happen?
I mean, one out of 10 out of them.
The odds.
You know, it is, it is what listen.
When there is a divorce and the father's not there on a daily basis, some mothers will raise their kids.
I got a few friends right now that, you know, the biggest fear of a father is when there's a divorce is who is going to have that influence over their kids when the girl dates somebody else.
That was my dad's biggest fear, okay?
To see what man is going to have influence over me if my mother was to get remarried.
Now, my parents, neither one of them got remarried.
My mother didn't get remarried.
My dad didn't get remarried.
I was the second time.
They remarried each other, but nobody else don't know.
They remarried themselves.
Yeah, that's a good point.
And they both swore off and that.
Yeah, but it's a fear because you're kind of like, that's my kid.
What's he going to feed him?
What's he going to tell him?
What's he going to do this?
What's he going to do that?
So when you lose your kid to mother and they're doing what they're doing, there's a risk of seeing how that woman's going to raise them.
I encourage everybody to go back and find the Bill Maher speech.
This is now about not speech.
It was a position statement that he made leading into the debate that he has on his show.
And four months ago, he did it.
And he starts out with the statistics on the percent of population that was gay.
And then he moves on to things.
But he makes a really important point.
He says, with kids, everything is phases.
And when I was young, I wanted to be a pirate.
I mean, he's like seven, eight years old.
I am so glad my parents didn't send me out for eye removal and peg leg surgery.
So he's making a great point about all that, about phases.
And he makes another point.
And he says, I find it a little odd that I go to these parties in Los Angeles and Angelinos are there.
And it's somehow fashionable to have a trans kid and to trade stories of how you're working through it.
So it's about a seven-minute monologue that he does, but he makes a bunch of common sense points.
And I think there's a wave of common sense that's coming.
And there's a lot of people that are bringing common sense forward, like the Glendale and Glendale, the Armenian community.
My hat's off to you.
You were not only bringing common sense, you had people sitting there at city council that made comments about the genocide, but common sense is coming to the fore.
And in that moment, you have a practical presentation by Bill Maher in front of the camera.
And then you have people saying, I've had enough.
And I'll see you at City Hall.
And I'll see you at the school at the Armenian community at Glendale Unified School District.
So I think we're going to see more of both of common sense calm.
And you're also going to see more parents stepping up.
Because I think in terms of this wokeness, the majority of America has had enough.
And I think these things let them know: hey, you know what?
It's okay to protest.
It's okay to go out there and make your point.
Look what these people did at Glendale Unified School.
The best.
The best.
And by the way, they weren't the ones wearing masks and fatigue.
No.
No, the Antifa, the Antifa that were milling around in the crowd there were the people there were very straight up.
You see these rational things.
Why do you not like this flag?
Why do you not like this flag?
Trying to engage in common debate.
And I love that.
I think there's a wave of, let me tell you, woke is going to be met by awake.
And awake, you awaken the giant, which is common sense.
And I just hope this giant called common sense is big enough.
Yeah, what I said earlier, Tom, about the people that are on the sideline or the people that fight in the war, Armenians are the ones that are going to step up and fight, bro.
Antifa's biggest mistake is think about Antifa's been going crazy for how many years, going to cities, terrorizing people.
They showed up at the wrong place and got their asses.
Armenian mothers, grandmothers, beating the shit out of dorky ass Antifa, little white guy.
That was one of the dopest moments.
They shoved and provoked.
No, 100%.
But mind you, though, they're front lines.
They're warriors.
Bro, it's for kids.
It's not like they're just out there to start.
start trouble, but that's, yo, Antifa went to the wrong place.
And I guarantee you, they will never go to Glendale, California to start shit again.
Period.
Done deal.
End of story.
I'd like to know, in the middle of highly Muslim Minneapolis, you know, there's one side of Minneapolis that is incredibly Muslim, a lot of Somalis up there.
They call it Mini.
What's the capital of Somalia?
Mogadishu.
Yeah, they call it Minneapolis Mogadishu.
Exactly.
I'll be there this weekend, by the way.
I'd like to know how well if they had a pride parade.
I don't know.
Did they have a pride parade in downtown Minneapolis?
And how did that go with the Muslim community?
I'll check that out for you.
It's actually a very good question you're asking.
I'm sure, you know, Adam's going to do some legwork to find out.
CNN could be put up for sale.
CNN could be put up for sale and bought by ousted CEO Jeff Zucker, Daily Mail story that just came out here.
Let's see what happens here with Jeff Zucker.
Jeff Zucker buying CNN.
That would be a PowerPoint.
What about there?
Trump buying it.
They will not let it.
Oh, my God, Trump.
So CNN parent company, Warner Brothers, Discovery is considering selling the network and ousted CEO Jeff Zuckerberg has emerged as a potential buyer, aiming to regain control and seek ultimate revenge for his firing.
Warner Brothers, Discovery CEO, David Zaslav's future plans for CNN are unclear with options, including a potential merger with CBS or sale of the network.
Zaslav's public sacking of XCO Chris Lick suggesting preparation for a possible sale.
CNN has faced financial challenges, earning $500 million less in profits last year.
Controversial incidents, including disastrous town hall with Donald Trump and the departure of longtime anchor Don Lemon have contributed to the network's decline.
Tom, what thoughts you got on this year?
So first of all, this is not conspiracy.
This is real.
The people that were speaking up inside CNN when Chris Lick, remember a couple weeks ago, he entered into retirement suddenly, they were the Zucker people left over after Zucker left.
So the remnant of Zucker became rebels that were working to undermine Chris Licht.
And then Chris Licht undermined himself with some very bad business decisions.
It didn't go particularly well.
And so now you've got Zuckerberg saying, hey, I want to buy this.
Well, he's going to be buying low because we all are seeing what's going to add sales numbers and things like that.
And you have David Zaslov, who is like, how do I get out of this thing?
This is like a damaged brand because you look at all the things that's happened.
You had the Cuomo situation, then you had the Zucker situation, then you had Don Lemon situation, and now you've got Chris Lick's situation.
So if you're Zazlov at Warner Brothers Discovery, who has a lot of debt on the books, Pat, when you bought this thing, maybe you just sell this particular house.
And the reason they mentioned CBS, we'll go a quick case study.
NBC doesn't need it.
They have CNBC, MSNBC.
They have a diversity that goes from the mainstream flagship all the way down into the cable nets.
And ABC, well, they're trying to make a profit out of ESPN.
They're not in the buy-in mode.
They're in the consolidation under Disney, kind of selling and trying to trim it up mode, which leaves CBS.
Hey, you really don't have a cable net out there.
Maybe you take CNN and turned it to CBS CNN or something.
So I think that CNN is in a tough strait, but I think it's pretty freaking ironic that Zucker comes back with the private equity firm where he's at now talking about buying it after his fingerprints.
He was behind the scenes, bitter about being tossed out after his own malfeasance and watching Zaslov then fire Chris Licht and it was some of Zucker's own people that were in there like rebels helping Chris Lick's mistakes be even greater amplified.
I think it's pretty ironic that Zucker wants to make a run at this.
You want to talk about ironic?
You saw Don Lemon's first interview since he got fired.
He said, I send you the link, Rob, on Slack.
He said his commitment to the truth is what he's talking about.
And he's saying he doesn't believe in platforming liars and bigots.
How is somebody like that that has been peddling lies for CNN have the gall to say, did you hear this, Matt?
Adam, Rob, do you play that?
This is his first time.
He's talking about Zuckerberg?
No, he's talking about just his responsibility to tell the truth and how they're giving people platforms for liars and bigots.
What's the date, Vinny?
This just happened.
Okay.
We're a perfect union, not a perfect union.
I'm not a perfect person.
No one is.
But I think the Constitution deserves us to we, in order to fulfill the promise of the Constitution, we have to stand up for what is right.
He's one of the biggest bullshit artists for CNN for how many years?
He didn't say anything there.
He didn't say anything there.
This guy, I don't know if he is actually that big of a deal when it comes down to people taking his word.
He was never a top 10 show ever.
Never, never.
He's always a top 50, top 100 show, but he's just famous.
I think Don Lemon is known from being famous and went to the right school and worked at a company called CNN.
That's all he is.
Nothing more, nothing less.
Nothing.
No, no.
If you talk Chris Cuomo, he had influence.
You know, if you talk...
He's not moving the boat.
No.
No, he's not.
Nobody wakes up and let me see what Don Lemon has to say about who I should vote for.
No one said that.
They said that about Chris Cuomo, no question.
Not Don Lemon.
Not Don Lemon.
They're not in the same league.
So let's go to the next story here about legacy media companies enter dark times after failures mount and Netflix rises again.
Let me see here.
Legacy Media.
Okay, so legacy media companies have struggled throughout the first half of 2023 with Disney laying off 7,000 employees.
It's largest Pixar movie underperforming.
While Warner Brothers Discovery is also reducing its workforce and dealing with internal issues, it's been a bumpy ride for Disney.
Warner Brothers, Disney is laying off more employees.
It just keeps getting worse.
And Internal said that.
Rich Greenfield, a light shade media analyst, said that media, meanwhile, Netflix thrives with investors excited by the potential of new signups as it cracks down on password sharing and is predicted to benefit from ongoing Hollywood work shutdowns.
Investors have once again become excited by Netflix's future prospects.
The beneficiary of Hollywood work shutdowns will likely be Netflix, despite the possibility of reprive of legacy media due to potential advertising gains in the 2024 U.S. presidential campaign.
The future looks bleak due to a lack of growth narrative and hurdles in consolidation.
There's currently no strong growth narrative for legacy media and consolidation prospects are murky.
Tom, what's going on over here?
Well, let's start with that last sentence.
There are currently no strong growth narrative.
Guess what?
All the households that could possibly have cable have cable and it's running in reverse.
So one of the ways you make money as a legacy media company is called carriage fees.
Carriage fees are all of us that have cable and we pay 60 bucks to somebody.
A little piece of that goes to ESPN and Disney, a little piece of it goes CNN.
That's called the carriage fee.
So carriage fees have peaked and coming down, which means that you got to go online.
You have to have a Hulu, an OTT solution.
Well, you know, the Peacock's out there, not doing as well as expected.
Hulu's gone out there.
Oh, wait, it peaked.
And now we've heard it's shedding subscribers.
And then Netflix, the reason they're up again, is because they cracked down on sharing passwords.
And guess what happened?
They got a bunch of subscribers.
You know why?
Because it was just 15 bucks.
And you know why?
The people with the subscriber, let's say I was letting you borrow it because you're my brother.
And we live in the same house and I put it on your laptop.
So wherever you are, you could watch it.
Technically, that's password sharing.
Now they've cracked down.
Do I cancel Netflix?
No.
I just say, hey, man, Denny, sorry, you can't use it anymore.
Yeah, well, I've been using it for so long.
It's only 15 bucks.
I'll pay for it.
That is what's happening at Netflix.
So Netflix has growth to add subscribers where the legacies don't have a place to add subscribers.
And what they're talking about, consolidation, Pat, they're talking about when Warner Brothers Discovery consolidated, and then when Disney has ESPN, ABC, and all the things they've bought, and they consolidated.
Consolidation is power.
That's how Hulu was able to charge us all because it was consolidated ownership of all those channels.
So right now, Netflix is coming up again.
They're adding subscribers thanks to the password thing.
Now, that's only for a season, a year or two from now.
That's going to run its course and it's going to be back.
Where are my new subscribers?
But, and by the way, all the legacy media, it's interesting what they say.
They are praying that would please, please, please, can we get to January 15th of 24 for the first primary so that we can get ad revenues going on our news channels?
They're dying for the election, but that's what's going on.
It's not a fun place to be right now if you're an owner of a media company.
To give you some numbers.
In the legacy legacy.
To give you some numbers with Netflix.
It's coming.
And there are new media companies coming and new OTTs coming.
Changes on the horizon.
And I'll just make something up here.
The future looks bright.
Yeah, there you go.
Let me give you some numbers, Tom.
Just, I just looked at Netflix stock ticker.
And November 2021, height of COVID, their stock peaked at $682, right?
That's the highest it's ever been.
Six months later, seven months later, June of 2022, it cratered down to 190.
In the last year or so, it's now up to 415.
When it hit 190 in June of 22, I know you've done case studies on this.
That was the lowest it's been since 2017.
So it's had these ups and downs since pre-COVID, post-COVID.
But it seems like they're back on the right track right now.
Yeah, well, the peak for 682, remember, there was an artificial surge that was in viewership, and there was because everybody was at home, forced to be home.
Yeah, you know, legislated to be at home.
We can go back to there again.
And then when the smoke clears on that, you know, the post-COVID hangover hit for everybody in the market.
And so their stock going down to 190 was also part of a momentum shift that happened in the market, Kaflunk.
And then everything comes back and they're back at $450.
You know what's funny?
Look at Tesla.
Tessa was what, $110 at the beginning of the year, and now they're up at $240.
You know what's funny about Netflix?
It's almost like the inverse situation of what happened with the stock market.
We all remember there was a stock market crash.
It went down 30%, 40%, whatever the number was.
Exact opposite thing happened with Netflix.
Skyrocket.
Boom.
COVID ends.
Or six months later, stock market comes back.
Netflix crashes.
You know, the tech companies, and now it's sort of leveling out to where it should be.
That's a great point.
Malik, if you could put up the Zoom chart, our man, Rob Malik.
Oh, yeah, exactly.
Same with Zoom.
Same with exactly.
Your point skyrocketed and then fell cratered.
Yeah, just stay right here and just go find Zoom.
Yep.
And you just go back like five years.
There you go.
Except that Zoom is not coming back.
It's not crater as much, though.
Well, oh, no, it has.
It tailed out in 2022.
Yeah, you're absolutely right.
It just wasn't a sharp drop like Netflix.
Right.
Now, Netflix is coming back because there's something to come back on, whereas there's not much something to come back.
So, what do you think the future of Zoom is at this point?
Does it need another pandemic in order to reach the heights that it was?
I mean, honestly, I think Zoom probably needs a check from somebody that wants to consolidate.
Yeah.
Gotcha.
They should have sold in 2020.
Right when they peaked like Tubin.
What if Tubin?
What if Google?
What if Google buys Zoom and puts it into Google Docs and the Google Suite?
Microsoft tried this already and they already remember they bought the first Zoom, Zoom 1.0.
Is that Teams?
Skype, Microsoft, Teams.
Gotcha.
But now they have Teams.
Microsoft.
Yeah, they have the technology in Teams, and it's so-so.
Let's do the last story here and wrap up.
Vinny, I'm coming to you with this one here.
New court documents reveals more about Epstein's relationship with JPMorgan Chase.
Yeah, whoops.
Reveal a deeper relationship between Jeffrey Epstein and JPMorgan Chase with prosecutors filing exhibits containing hundreds of new emails.
The bank accused of facilitating Epstein's child sex trafficking operation and has been criticized for slow document production.
The involvement of JP Morgan, COJ Diamond, remains a central question.
While an email implicates him in approving a $120 million transfer, the bank claims Diamond was unaware of Epstein as a client.
Epstein has direct contact with multiple bank employees, including Jess Staley, the head of the wealth and later investment banking divisions who received business advice and connections.
Mubai.
No, no, no, I'm Gucci.
Staley allegedly supplied Epstein with confidential information and favors in exchange for Bank turning a blind eye to his sex trafficking conviction.
Staley's association with Epstein led to his resignation as Barclay CEO.
Vinny, what do we know about this?
It's like right just when you think the Epstein stuff is like dying out or something's like going to stop.
It's like it keeps coming.
It's like it's the Epstein saga.
Anything that has to do with covering up this pedophilia ring, it's happening.
Like when he, when he got suicided in jail, it's like a bad murder mystery.
The cameras were off.
People weren't looking.
The driver did this.
By the way, JP Morgan and Jeffrey Nepstein emails were released.
And now, Pat, this was a couple of days ago.
They mistakenly, JP Morgan mistakenly deleted 47 emails.
The Security Exchange Commission fined Chase only $4 million.
How convenient.
All the business records, which are supposed to hold for three years under the SEC rules, were deleted, dated from January 1st to April 23rd, 2018.
They were deleted in June 2019 from 8,700 mailboxes, including those belonging to as many as 7,500 employees.
And it's like, Pat, and then a random, I swear to you, I was telling Rob this, I was waiting for somebody to either accidentally pass away or something like that.
Jim Crown, who was a board member of JP Morgan Chase, died on Sunday in a random plane crash.
And let's not forget, Pat, they just paid Chase $290 million for all these other situations with everything with the, where was it?
Rob, where the island and all that situation.
It's hush money.
They were hoping that that money would have everybody shut up.
But it's, and again, going back to the, they're in on it.
Chase Bank is in on all this shit with Epstein.
And now what?
They just.
But they're being accused.
They're being accused of.
But Pat, they're paying these little flats.
$200 million is nothing to Chase Bank.
And then again, we're accidentally, you missed this.
This is a $290 million seller lawsuit alleging it knowingly benefited from direct client Jeffrey Epstein's sex trafficking according to a court filing Tuesday.
Lawyers of Epstein's victims filed a notice of settlement in Manhattan saying the deal has approved the deal.
The $299 will go to a class of women who claim to have been victims of Epstein as much as 30% set aside for their lawyers according to the filings.
So 70% went to the women.
Wow.
And again, this is hush money.
Vinny, let me tell you.
I don't know, man.
I don't know if people think that banks are willing to turn a blind eye to this type of stuff and throw their morals out the window for money.
I don't know if banks these days are willing to put profits ahead of people.
I don't know if banks are willing to do that.
There's been no indications that banks like this, like Deutsche Bank or Wells Fargo or any of these banks, are willing to basically throw all their moral convictions out the window for a blank check.
Vinny, I'm not sure where you're going with it.
Am I right?
I don't think that these banks would ever ever do something unscrupulous like this.
Oh, we've had the big short.
Now we have the big screw.
The movie's coming.
Yeah.
It's just, and again, we talked about this for how many weeks about accountability.
They're not going to, dude, $290 million is nothing.
This whole situation with the kids, and I'm going back to that, the war, the war of good and evil.
Evil is just kicking out.
You know what I always say?
Follow the money, brother.
Always.
They've got to do some money laundering and washing it around.
And if some of the Epstein people are willing to basically whitewash $300 million, whatever the number is, there'll be a bank willing to do that.
I guarantee you that.
Well, I'm with Chase and I'm Tom.
I'm going to be leaving Chase very shortly.
No, I think we should also see here.
What was it, $40 million was the supplemental fine for the...
No, $4 million for deleting 47 million emails.
Mistakenly.
Somebody said, whoops.
You know how that works?
It goes like this.
You're my attorney.
Hey, Vinny.
Yep.
This is kind of weird.
So if these emails get out, what's the penalty?
Well, they already did $290 million.
could be another couple hundred million dollars yeah but what's what's a fine from the fec if we basically four million ish not not too crazy Why?
Okay, well, let's just add that to the cost of the suit and let's do what we got to do.
Okay, so just pull the trigger.
Happens every day.
And whether, and by the way, it's sad, but this is part of the corruption and the two levels of justice that we have in this country.
You know, the wealthy are able to make these decisions, hide behind it, stall the suit, all these things like this.
And evidence is, you know, withheld, destroyed, and things like this.
Sorry to be a downer, but let's just talk about what the reality is.
And to your point, you made very loud and sarcastically.
You're absolutely right.
They're like, you know, what kind of business are you in?
Well, I do this and this, and I do this and this.
Anybody knows the story of Pablo Escobar?
They know that there was two regional Miami banks and basically the Central Bank of Panama that were turning a blind eye to Pablo Escobar because they had massive deposits that the bank took in Miami massive deposits and then they were loaning those out as home loans and car loans and had a very fine little business because you need what?
Assets to make loans.
Yeah, it's no secret.
It's a dirty little secret down here in Miami that Miami was basically built on the cocaine smuggling.
You wouldn't say you wouldn't say, you know?
Got it.
Okay, gang.
We're coming to the end of the podcast.
We got this Thursday, we're flying somebody out that's going to be out here to talk about the ins and outs of what's going on in Russia and Ukraine.
And this guy is the expert to do so.
So I can't wait for this Thursday's podcast.
Stay tuned for that.
But at the same time, 4th of July is around the corner, and we have our military merch drop that we're about to do.
The new Future Looks Bright hats that are here with two options for you with the black or the white and the Future Looks Bright here, Tom.
Sick.
Are you trying to do a military song over it?
From the halls of mine.
So we got this here, and we got a bunch of other things that's going to be out there for the drop.
So for those of you guys that want to participate in this, text award merch to 310-340-1132.