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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.
00:00 Intro
05:19 Burry
12:24 Commercial Real Estate
23:32 Barstool
34:33 Streaming vs Cable
44:37 Heart Attacks
53:10 DeSantis Endorsement
1:02:31 Trump Jail Time
1:21:15 Creepy Biden
1:28:46 Snow White
1:49:37 Hawaii
2:16:39 CA MALL
No, Okay, so guys, it feels like it was a month ago or two months ago, but actually the last time we did a PBD podcast home team was July 25th, which is more than three weeks ago.
Okay, so I almost, we don't even know each other.
What's your name now?
Great to meet you.
Vincent O'Shea.
Yeah, Patrick Bede.
Great to meet you.
Pleasure, Mr. Elsworth.
What's your name?
What's your name?
Tom.
It's good to have you.
I'm Adam.
Hello.
Great to congratulate you.
Hey, PBD podcast, folks, out there.
It's great to spend some time with you guys.
Great to be back.
We got, a lot's happened.
A Khabib Nora Mohammed interview I did, Habib, UFC, which will be released, I think, tomorrow.
I saw the premium, what do you call it, the intro today.
I asked him a question.
I think this clip, two clips that I asked him about Habib, I think those two are going to be intense.
One of them when I asked him, I said, Habib, in the U.S., we have about 100 plus genders.
How many genders do you have in Russia?
It's a very interesting answer he gives.
It's technical.
And then the other one I asked him about, he loves Michael Jordan.
And when he watched Last Dance in the documentary, Michael, when his father dies, he steps away from the game, but he comes back to win three more.
I said, when you watched that documentary and you got emotional, did it inspire you want to come back and win one more for your dad?
You have to wait for that one.
It's going to come out here soon.
We had a good time.
Vegas was great.
We got a lot of stuff going on.
Had great meetings in Vegas with a bunch of different people, but we got to get into some stories because a lot has happened the last few weeks.
One, Snow White is pissing a lot of people off, saying she doesn't want, she's not going to have a love story with another man because she wants to be a leader.
And she was crying yesterday because we were hurting her feelings after she said some stuff.
He's a stalker.
About a movie.
He's a stalker.
He's a stalker.
So, Rachel, you're 22 years old.
You should be able to take it.
No one asks you to go into Hollywood.
No one asks you to call out people who have for decades loved the brand of Disney until recently.
So yes, you are going to get called out by them.
And today we're going to talk about that.
Michael Burry, okay, from the movie Big Short, makes a $1.6 billion bet against the stock market.
The last time he did that, everybody called him absolutely crazy until he was right and they made a movie about him.
So we don't know if they're going to make another movie about him right now or he's going to be wrong.
The CIA, China says something about the CIA.
I want to play this clip for you guys here in a minute.
You got to see it.
Target reports first quarterly sales drops in six years.
First sales drop in six years.
After Pride Mont disaster, there's a new movement going on.
Gang, I don't know if you guys want to subscribe to this movement.
It's called the Meet the Stay-at-Home Dads.
They are on the rise as more men drop out of work and skip college.
This is an insider story.
Tom's got some feedback on it, Tom, on the Penn ESPN deal with Barstool Dava Portnoy, who bought it back for a buck.
We'll talk about that.
ESG, SMP, guess what?
They're scaling back on debt ratings and they're no longer saying we are looking for your ESG score, which means we are making some progress, folks, with all of you talking about it, sharing whatever content you see.
This is good.
Heart attacks at record level after pandemic, the telegraph.
This is deeply concerning.
Wait till you see the numbers.
We have to talk about what happened with Trump, the charges, Georgia.
A lot of people are concerned.
Some are not.
The camp is getting more fired up about wanting him to get into office so he can get back to what these guys are doing with the DOJ, weaponizing it against him.
Again, we'll talk about that today.
Ron DeSantis may have gotten his biggest endorsement ever.
Don't say who it is.
We'll comment on the one.
This is possibly the biggest endorsement.
When this person endorses you, you know you're doing something.
And wait to see who it is.
We have to talk about the genocide that's going on in our media with Nagorno Gharabak, with what Azerbaijan is doing.
Devastating stories that I'm hearing from there.
A former Biden senator told him he'd kick the shit out of him.
He said it to him when he touched his wife.
He said this on a TMZ show, I think, last week or a week and a half ago.
Then we got a bunch of other stories.
Americans credit card debt, record breaking.
I got two numbers I want to show you about traditional TV and streaming, what's happening with it.
The video of what happened in Topanga Mall, where we had our office right across the street, that's the shop.
That was my number one mall to go shopping.
Crazy.
They stole $300,000 worth of stuff out of Nordstrom's.
Raw Street Tom's got an update for us with commercial real estate and Anheuser-Busch.
We actually had a chance to meet the CEO of Anheuser-Busch last week with Dana White at the UFC super slap event that we went to, which was something else.
Okay.
So let's go into Michael Burry.
Tom, Michael Burry makes a $1.6 billion bet against the stock market, which has got a lot of people talking.
So Michael Burry, famed for predicting the 2008 financial crisis in a big short, has positioned bearish bets against the U.S. stock market.
He purchased put options against $739 million in Invesco, QQQ, Trust ETF shares, and $886 million in SPDR SMP ETF shares, signaling a possible market downturn.
Bury bets indicate a defensive stance as put options increase in value with declining stock prices, while exact amount risks aren't disclosed due to filing limitations.
Burry's previous high profile predictions lend attention to his market actions.
Despite a history of accurate predictions, such as shorting tech stocks during the dot-com bubble, some bets like his short position on Tesla in 2020 have misfired.
Burry's recent options, moves against the market, could be part of a broader strategy that isn't fully evident from the filings.
Tom.
Well, Michael Burry, interesting guy, a lot of credibility, subject to the big short.
He was in there.
Prominent figure.
And he's known as a contrarian.
And a contrarian looks for markets that are out of sequence or that are overcooked.
And they play against him, just like you might call him a bear.
And so he has a history of this, looking for overcooked things.
So it's not really a headline that he's a contrarian.
And this is a defensive move.
So he might have $3, $4, $5 billion of total investment.
He's putting 1.6 against the market.
And what's interesting to see, he's putting it at the SP 500.
And there's a lot of people, including me, that think that's a little overcooked because 92 of those stocks are kind of stuck.
But seven of them, remember they were calling them the Magnificent Seven market going on?
Yep.
The only thing that's been in the SP 500 was the Tesla bounce up, who was number one, because it went from like 110 to 220, where it is now, it was 265 a week ago.
And that Magnificent Seven carried it.
And so he's saying, I don't think the Magnificent Seven can keep doing this quite so long.
And so I'm going to bet against it.
So when he bets against it, he thinks it's going to air out.
But he's had a history of defensive postures, and he's been right more than he's wrong.
Although he did trip on Tesla in 2020, but he didn't lose a huge ton, but he had to back out of that position.
But when Michael Brewer says, hey, I'm thinking it might rain tomorrow, it's never a bad idea to buy an umbrella.
Take a look at what happened to SP yesterday.
That means this is a slight drop, nothing crazy.
Rob, can you go to the the, the greedy index that Adam always talks about?
Whatever that index, we're a greed index.
Where would you think we are right now?
I already know exactly.
It's greedy.
I think with 60 70, it's actually neutral right now.
So if it's neutral right now, he's making a position like this, um, I don't know.
Look, this is not a hundred.
No one in the market is a hundred percent free throw shooter.
Um, no one is, but this guy.
If he was a free throw shooter Tom, he's like a Mark Price.
If some people don't know who Mark Price is, i'll give you a more modern day one.
He's like a Steve Nash Nash 92 topic he's up to.
I don't know the exact numbers, but he when he's, when he's calling shots like this, people listen, go ahead, Tom.
Hey uh Rob, can you pop that back up real quick?
Pop it right.
So, since the FED added the other quarter point, one month ago, extreme green to 80.
One week ago 62, now 51.
So there is a sliding market sentiment coming out with a lot of consumer stats.
We'll talk about housing a few things later.
But pat, there's a lot coming out with that interest rate raise and you can see, over the last month the index has definitely sliding back.
Yeah, let me just add to that.
So we've we've, we've covered Michael Bury and the big short here.
Uh, multiple times.
Open invite to the podcast.
Michael Burry uh, you're allowed to uh reveal yourself.
Um, you know, I think he founded his company, was called WHAT?
Scion Capital.
It became famous.
It was Christian Bale that played him with the weird haircut and the sandals and the eye.
So he's Christian Bale.
Also has an open invitation.
There you go, thank you uh, great plug right there.
Yeah, as much credibility as he has.
You know he's not an Ostradamus.
He is more right than he's wrong, even more so.
What's more telling is, you know, Bury making his prediction, someone who has, I believe, has even more credibility than Michael Bury is Warren Buffett, and Warren Buffett was.
You know how much cash did he have on reserves during covet?
Like almost a hundred billion dollars, something insane.
Yeah, he played it right.
I mean, he's got a track record beyond anybody.
What?
What was interesting is that he, uh Berkshire Hathaway's company actually sold, I think, eight billion dollars of assets recently in the uh, q3.
So in q2 they were acquiring assets and Buffet actually was selling off.
So uh, if you don't believe necessarily Michael Bury's prediction uh, if you want a little more weight to your argument, Warren Buffett got some things to say about this.
Uh, important note, the s?
P is what up?
17 this year.
I want to say that Nasdaq's close to 30 something ridiculous.
Um Burry shorted the Qqq.
What is that?
That is sort of a Nasdaq Etf, right?
So uh, what goes up must come down.
S p, um, he shorted that as well.
The Spider, the Spider ETF.
So um, you know, FED has been sort of pausing their rates for now.
We'll see what they do, we'll see what Jerome Powell does.
Inflation's somewhere in the three percent neighborhood, when it was eight, nine percent, I don't know, year ago.
So the economy, inflation, unemployment is, I don't know, navigating their all-time lows, three and a half, or sorry, around 3%.
What is it, Tom?
3.5%.
So there's a lot of information to process here.
So it's good stuff to take note of, I think, what it comes down to.
So Adam, the average Joe hears something like this.
What do you tell the average Joe like that?
This guy's betting against the market.
What would some guy that wants to jump on board with this thing?
How would you go about it?
Well, I think if we could just learn lessons from the last two major downturns in the market, which was 2007, 2008, boom, by 2010, the market roared back and we went on a what, a 10-year bull run until COVID.
And then COVID, we lost, what, 40%?
And then six months later, we were at all-time highs.
So ultimately, if you play the long game, you're going to be fine.
So, but for older people, you know, if you're, if you're not in cash or bonds, if you're still stock heavy, or if you have like company stock that you're all in on, be very wary.
Gotcha.
So play the long game if I'm not.
If you're somebody that's the average person, don't get too crazy about it.
It's going to be fine.
Let me go to the next story.
Wall Street is ready to scoop up commercial real estate on the cheap.
Wall Street firms like Cohen Steers, Goldman Sachs, EQT Exadier, and BGO are raising billions to buy distressed commercial real estate, including office buildings and apartments at a fraction of a previous price to plummeting values.
Factors such as interest rate spikes had led to a 10 to 15 percent drop in commercial property values with potential for a further 20 to 25 percent decline.
Distressed property volume surged by 8 billion in Q2 and biggest quarterly increase since 2020.
Owners like Clarion Partners are now offering offloading properties in San Francisco office towers that sold for $41 million after being purchased for $107 million in 2014.
Eight years later, it sold for $66 million less.
Smaller investors attracted by non-traded REITs, $100 billion raised in seven years are targeted but institutional funds with $145 billion for investments post-competition.
Tom.
Well, you know, what's really interesting about this?
Remember when everybody was saying BlackRock is buying up neighborhoods.
They're buying up small homes and they're going to be your landlord for rent.
Remember that earlier this year?
Well, guess what?
They've turned their attention to what is being known as the regional banking crisis.
And the regional banking crisis is the people that own a lot of the paper on these buildings in Los Angeles are very significant regional banks that are in California, similar to San Francisco.
And so the big guys, the PE money and the big banks are just saying, I'm ready to raise my market share in overall real estate and raise the market share in my portfolio.
And I'm just waiting for the small banks to be in trouble.
And I'm going to come and buy that paper from them at pennies.
And I'm going to own the commercial office space and see if there's an increase in the future.
But right now, what we're seeing is the commercial real estate is crashing.
We've been seeing it.
And now the big banks are about to step in.
So the underlying story, PBD, is the big banks are about to get bigger.
And the regional banks are going to get bailed out by the big banks because the regional banks are holding the mortgages on a lot of those buildings.
Hey, Pat, I'm going to pull a Vinny right now and just ask you.
So I understand this information that Tom just broke down eloquently.
What does this mean for the little guy?
I'm not in commercial real estate.
You know, I'm not a big real estate guy.
What does this mean to the average investor or the average person looking to nothing for the little guy?
This means a lot to the bigger guys.
Our audience, you know, when we do the live podcast, 85% of them are business owners when they come down here.
So a lot of big of our audience, there are those that want to be the big guy one day, meaning they want to be financially feared.
They're very aspirational.
They want to grow.
You know, they're also wanting to question, but there's an audience of ours that is running a business.
They're successful.
They want to talk about serious issues in life of politics, religion, finance, money, things like that.
But they're sometimes quiet as well because they don't want to risk losing their business.
So they'll come and listen to what we have to say and then they'll go and talk about it amongst their peers.
This affects those who are wanting to buy a building right now.
If you're thinking about buying a building right now, this is a decent time to buy it.
And it may even get better in the next couple months.
But I don't think the opportunity is going to be around for too long with commercial real estate.
I think right now is a decent time to buy commercial real estate.
You know, the people going back to the office, it's gradually becoming like, listen, guys, we tried it, didn't work.
Get your butt back to the office or else there's a video circulating with Dave Portnoy goes to his office.
I don't know if you saw this clip or not.
He's walking around after he picks it up.
And we'll talk about that here in a minute.
He's walking around the office.
He says, where the hell is this guy?
Where is that guy?
It's 10 o'clock.
Where is everybody?
How come they're not at the office?
How many articles did this guy write?
Are you kidding me?
The last three weeks, he's only written seven articles.
What the hell has this company been doing?
Who's been running this place?
It's an incredible scene of a founder who put his blood and tears into the company, realizing nobody is working, right?
Everybody is getting back into working out of offices, realizing that's not working, you know, where we're going to be remote.
Now, having said that, some companies went so far out that they're going to have a hard time bringing their people they spoiled into back into it.
Like it's like a father that spoiled his kid so much by giving them everything.
Now you want to tell him, you got to go work and make your money.
Daddy, you screwed me up already, bro.
The days of fixing Hunter Biden are behind you.
You can't fix Hunter Biden.
It's done.
So that part is game.
So I think commercial real estate still got an opportunity.
You know, like right now, my guy, we're talking yesterday to our commercial real estate guys from the guys that we work with here, players.
And they said, look, this is a subleases are wide open.
Leases are wide open.
Offices are, you know, open for the price tag that you want.
We're looking at a bunch of different places with here, Pompano, 10 mile radius.
Of course, Mayor Suarez would like us to move to Miami and bring Vitamin back to Miami.
But it is a good opportunity for buyers.
Tom, I see your hand.
It is a good opportunity for buyers and what do you call it?
For buyers and those that want to lease.
But I don't think this is going to last so long.
And by the way, if you have a white-collar business, mid-sized white-collar business, and you're looking for office space, now, I mean, PBD, you could practically do a how-to on this because we went through this.
I want you to do a how-to on this.
We could both do a how-to on this, that you could take advantage of the opportunity right now to lower your lease cost on your business.
If I was looking for 2,000, 3,000 square feet right now, that's probably tough.
But I'm looking for 5,000, 7,000, 10,000 square feet for a mid-sized white-collar business.
There are deals to be had in your city.
You're absolutely right.
And if there's only two years left on your lease, call them on the phone and says, be in my office and we'll turn this into a five-year lease, but we're dropping the price.
You know, it's crazy.
When I lost my lease, when I lost my lease years ago, when the tenant comes in from Sunshine Realty in Granada Hills and he says, you're parking 200 people here.
I'm getting fines and tickets from neighbors.
We have to kick you out.
This is a small space of 3,660 square feet.
You're evicted.
They kicked us out of this office in Granada Hills.
I went around knocking on two, three, four, 500 offices to ask who's subleasing until somebody gave me an office lease.
And I was in that office for three years.
It was one of the best decisions we made.
We went to 8550 Balboa Boulevard in Northridge.
But today, sublease opportunities are everywhere.
Pennies on a dollar.
And you can ask.
I want it to be all in.
Leave your computers, leave your desk, leave your conference room, leave the projector.
Everything you did, leave it in there for me.
I'm going to use it.
So we're going to come back to this Dave Portnoy video here in a minute.
Matter of fact, if you just want to play it right now for since it's 30 seconds so the audience can see it, here's Portner coming back to the office.
How stupid is this fucking company?
Like, I bought it.
I owned it back for less than 24 hours.
What time is it right now?
9:45.
9:45.
We've got a couple people over here.
Two people.
These motherfuckers don't show up.
I'm only in the office for a fucking week.
What the fuck are these idiots doing?
9.45.
Look at this.
This is.
You're going to be the dumbest motherfuckers in the world not to show up.
I'm going to be there early today.
What fucking idiots?
Broke every HR rule out there, but respect him as a founder for doing that.
Is he based in New York?
Is that where they face out of?
Yeah.
Okay.
How is this still a thing?
Even in New York?
How is the work from home still a thing?
The Biden administration basically said COVID was done, what, in May?
We all knew it was done well before that.
How is this actually still a thing?
And then he did a video.
He did a follow-up video about where he just has a camera set up and he's doing the time of everybody coming in.
8:40.
I love that.
9 o'clock.
By the way.
10:30.
I freaking love it.
Good.
It's company.
You know what idea I would go?
Anyways, so you know how there's this thing called Glassdoor?
Okay.
What's Glassdoor?
For people to go out there and write about you, the company.
Okay.
Or Yelp is you, the business.
Where is there a Glassdoor for employees?
Right.
Where is there a Glassdoor for employees?
If you're listening to this, if I had less businesses we were running, we would develop that software and technology so everybody is being talked about.
But there's many employees that are absolutely terrible employees that should get their Glassdoor ratings to be out there where people realize if I'm hiring this guy, this guy doesn't come to the office on time, doesn't do this, doesn't do that.
There needs to be a rating on them.
So this is a great example of a founder that's sitting there saying, what the hell are you guys doing at 9.35, not coming to the office?
I respect what he's doing.
And I would assume for a guy like that, either the guy's going to show up, some of them are going to say, screw you and go talk shit about him.
But a guy like Dave Portno, he ain't going away anytime soon.
He's going to be around for a long time to come.
By the way, very happy he's back to run Barstool because to me, Barstool doesn't make sense without Dave Portno.
It's a brand that's very much together.
It's great to see him being back.
Before we go into the Barstool story and the biggest endorsement Ron DeSantis got, I want to give a quick shout out to our sponsors here, Masterworks Gank.
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The entire conversation was about how many of these people are investing into expensive art.
You know, $5 million, $10 million.
The other day, you see a story about Jamie Dimon's art collection.
Rob, if you can pull this up.
Jamie Dimon, the CEO of J.P. Morgan, you know how big his art collection is?
He's got a $900 million art collection.
Jamie Dimon, why does he have a $900 million art collection?
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I didn't start off with a lot of money either.
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So again, go to masterworks.com forward slash PBD podcast.
We'll put the link below for you as well.
Having said that, Tom, what's going on with Penn and the structure with what Dave Portnoy did?
I'm going to go to page five here, read this.
I'm going to hand it over to you.
So again, Dave Portnoy.
Penn ESPN deal allows Barstool Sports founder Portnoy to buy it back for ready one dollar to buy it back for a buck.
Dave Portnoy acquired it back for dollars from Penn, for a dollar from Penn Entertainment ESPN deal after having initially sold it for $500 million.
The move was seen as a strategic step to ensure the company's long-term viability with Portnoy's anticipating two or three more decades of success.
Penn Entertainment has previously acquired 36% stake in Barstool Sports for $163 million in 2020 and later completed the acquisition by buying the remaining shares for $388 million.
A subsequent 10-year, $2 billion agreement with ESPN led to the renaming of Barstool Sports as ESPN.
Bet Portnoy acknowledged respect for the Penn team while highlighting the content limitations posed by regulated industries.
Tom, a buck, $500 million to a buck, what happened to you?
Okay, let's dive in because the headline is entrepreneur buys company back for $1.
And everybody goes, wow, how did that happen?
Well, it's not what it seems.
So once upon a time, Penn Entertainment, as you just said, bought 36%, then they bought the rest.
So now they own 100% of Barstool Sports.
Step one.
Step two, they said, let's get into OSB, right?
Which is online sports betting.
DraftKings has about a 35% market share.
FanDuel has about a 30% market share.
MGM and Caesars each share about a 25% market share.
ESPNs wanted to be there because over the last five years, what have we seen?
The sports leagues have warmed up.
Remember when they thought that DraftKings and FanDuel were radioactive?
We can't have betting logos on the outside of the outfield walls and in football stadiums.
Remember, they were all nervous about this.
We can't have gambling that close to it.
Well, you're ordaining fantasy sports.
We're making happy bets between guys.
Now you're just doing the full thing.
So the leagues warmed to this, which meant that OSB was growing like a freight train.
Last year, it was $1.6 billion.
Five years ago, it was barely $400 million.
So online sports betting running.
What does that have to do with Barstool?
Penn bought Barstool to create the Barstool Sports Book, which they successfully created.
But when they went door to door to regulators in every state, now Pat and I know what this is about because in insurance, you have to go door to door in every state for a thing called the DOI, Department of Insurance.
Well, there's similar departments regulating gambling in the states where it's legal, where it's not just legal at Indian casinos, it's legal throughout the state.
They start going door to door and they're like, you have a compliance problem.
What's a compliance problem?
These barstool guys have like nine podcasts.
They talk about fantasy.
They talk about was the game fixed?
Was the ref high?
You can't be saying that with your left hand if you're running a sports book with your right hand.
Do you follow?
So they kept telling Penn, they got into, I think it was Pennsylvania they got into.
They kept trying to get into Michigan.
Michigan gave them a hard time.
So what Portnoy is saying, content limitations posed by regulated.
So Penn is pulling its hair out because it can't get into OSB and get the licenses in the other states.
So what does it do?
It's looking for somebody that wants to get into OSB, maybe somebody who's restructuring, laying off talent, looking for new revenue.
ESPN.
And so they go to ESPN and they said, hey, I got an idea.
I give you $100 million of this a year.
And that was the $1.5 billion they did.
So for 10 years, there's a billion and $500 million in warrants.
In other words, to buy more.
So I'll give you ESPN $1.5 billion.
We'll rename this ESPN BET, which you would never have thought would have happened five years ago.
But now ESPN's in OSB.
And the regulator said, okay, well, listen, I'll look at your application if you have a more controlled ESPN brand.
But what are you doing about these barstool guys?
Penn said, I'll be right back.
They went to Dave Portnoy.
He said, Dave, buy your entire company back for a dollar on all the corporate docs.
You have 100% control and it's all you.
We do not own.
We're not on the board.
We're not there.
However, I need you to accept and sign this option agreement that says if you ever sell the company, you'll give me 50% of the proceeds.
In exchange, you can't say anything about me, and there has to be a non-compete that you'll never work with any other OSBs.
You understand?
They can never do gambling.
Yeah.
So Barstool Sports can talk fantasy all day long, but they can't disparage Penn or ESPN.
And they have things they need to do.
So if Portnoy ever sells, he gives them 50% of the money.
But far as the regulators are concerned, that $1 decouples Penn from Barstool so they and new BFF, ESPN, can go to all the regulators because they want a slice of it.
So did Portnoy get control of his company and the full board and everything back?
He sure did.
But technically, you and I both know how equity works.
Technically, Penn still is in for 50%.
And if he ever sells, they get 50% of the money.
But they don't.
Let me get this straight.
So he can't do anything with gambling moving forward.
No, he could talk fantasy sports, but he can't do OSB.
At all.
At all.
The Barstool Sportsbook that we've seen in casinos goes away.
New signs are.
So can you Google what percentage of the revenue was from the Barstool OSB?
What percentage of the revenue did Barstool make from their OSB?
It was relatively new, and they were only a limited number of states.
I don't have the dollars.
Let's see if Rob can find it.
And Tom, it's going to be called ESPN Bet Now?
Correct?
Got you.
Yep.
Wow, that's, I can't believe that they're going to do that.
So Portnoy does have full control, full creative control.
He's got the board.
He can do whatever he wants.
He can't get into OSB.
That's all it is.
And he said, I'm not worried about ever having to give up half of the company.
I'm never selling.
Yeah.
Yeah.
I mean, go for it.
Yeah, I just think for a larger context, I think the story.
Oh, there you go.
So Barstool, I'm sorry.
So FanBuild accounts for 47% of the national OSP.
Parent company Flutter said Wednesday with DraftKings and second amongst 35%.
Barstool Sportsbook, market share is roughly 5%.
Tom, that 5% is still a lot of money, though.
That's true.
So for them to have 5%, that's gone.
No, yeah.
Barstool loses that.
That is now Penn and ESPN BET have 5% of the market.
So it's almost like somebody buying our insurance company and giving it back to us and saying, hey, Pat, I'm giving this insurance company back to you, but you can never, ever sell annuities again.
Never.
Annuities is not yours.
That's the one.
I don't care what you do with securities, stocks, insurance, you can't touch annuities.
And I'm not on your board, but if you ever sell, Pat, this coupon right here says you got to give me half the money if you ever sell.
I got it.
Okay.
And that's how Penn's protecting itself to get its money back someday.
But Portnoy said, I'm never going to sell.
How about they have a $50 million EBITDA in a year?
You know, he wants to pay himself $20 million.
Penn can't say nothing.
Nope.
If he monetizes, it takes investors, or if he sells, they get something.
So the 50% is only on sale.
It's not on EBITDA every year, profits.
Correct.
It's monetization.
Good for Dave.
So Dave's got also.
Yeah, good.
So both parties win.
That's right.
I actually think this is good.
And they're hedging themselves.
They're going after the bigger victory for themselves.
They're betting on someone that's going to make him more money than Barstool.
Okay.
So they're bidding on a corporation instead of a founder.
This is when the founder, Portnoy, is got to go proof to the market.
You thought I was going to make money just with your betting stuff?
Watch what I do here.
This is why you got to love Cap.
And then it's going to be a good show next 5-10 years.
And by the way, if you're DraftKings or you're FanDuel, are you sweating this morning?
Because now ESPN has been given $100 million a year and a very capable partner to go after that market.
I just love the fact that he goes in the office and now he's like, everybody, get your ass of the office.
I'll just add that I actually really appreciate the trajectory of Barstool.
So it was founded in 2003, right?
Everyone thinks that it hit the internet in 2012, 2013, Instagram, founded in 2003 in a little town in Massachusetts, outside of Boston.
Jewish kid, Portnoy, by the way.
Really?
Yeah, there you go.
You know, those Jews and that money.
So I think it's just really impressive.
So 20 years later, so what happened?
2003, he starts this.
It's a little newspaper.
They're talking fantasy football.
They're gambling.
It's just a little thing, whatever.
Boom, the internet happens.
Basically, 2007, I think they take it to AOL.
They're on the internet.
Boom.
2012, 2013, they're hitting Instagram.
Boom, Saturdays are for the boys.
Everybody knows that, Tom.
And they just start blowing up, and their content is just cutting edge.
It's awesome.
It's funny.
It's hilarious.
It's more than just sports.
It's pop culture.
Hot chicks.
All right.
All good.
And you know, to see 20 years later where they're at is really impressive.
And they're obviously making a bet on him for another couple decades.
So I think to circle back to this, you know how they say, one bite, everybody knows the rules for sure.
One dollar.
Pengamen knows the rules now, homie.
What's also very interesting is there's an evolution point there for Dave Portnoy that I thought was brilliant.
From about 2017, 2021, they had their own channel, Channel 85, on Sirius, and they were programming it 24/7.
So they had our programs, programs, programs, programs, all kinds of things.
And when that deal clunked in 21, that's where the rest of their podcast came from.
They converted all of those radio shows to podcasts.
So that's what made Barstool Sports suddenly one of the largest podcast publishers.
And that's where the pardon my take came.
And that also is where they kind of hit some bumpy.
He found Caller Daddy, right?
That's their podcast.
That's right.
And he had a and like many media companies, some of his talent became free agents.
Right.
Color Daddy became a free agent.
She went somewhere else.
And also, actually, there were two of them.
One of them jumped off the show and then the other one went by herself.
And then the other one was he was doing a live show at the Super Bowl in 2017.
And he had Pat McAfee simultaneously announce he was retiring as a punter and starting the Pat McAfee show.
And he was on Barstool for two years.
And then he went off and he just got, I think it's $30 million a year from a ESPN sponsored by FanDuel.
Yeah.
Believe it or not.
So Portnoy is it's a beautiful evolution.
If you only see the guy that's raiding pizzas and being rough around the edges, you know what?
That is a facade.
And inside there, there's a very, very shrewd guy.
And his CEO, Erica Nardini, is not to be trifled with.
Really impressive people.
So let's go to this here.
I'm going to transition into this, which is fantastic.
Okay.
So, Rob, do me a favor, Rob.
Can you pull up the chart of what streaming and cable did?
Not this one, the other one that Brandon texted you.
What streaming and cable did just last year?
Okay, last year, July of 2022 was a very historic month.
Here's why.
That was the month where officially streaming, Rob, if you can go back on the screen, that was the month where streaming passed up.
No, no, you go back where you are.
You're good.
I'm just saying, put your mouse on the yeah, right there.
That is the month where streaming passed up cable.
So if you look at cable, it was going down.
This is a two-year chart from 21 to 22.
It went down, it went down and went down.
So boom, it hits 34.4% and streaming goes up to 34.8%.
Now, before you go to the other one, let's stay here.
A year later, to see where streaming goes and where cable drops, how big of a difference would you think would happen?
Just one year.
If you go to the next charge that the chart that the reports just came out with is the following.
When you go here, you now see streaming went to 38.7.
So the lead they had was only 0.4%.
They go to 38.7 and cable drops to 29.6.
What's the difference there?
Roughly 9.1.
The separation in one year.
That means you're going from first quarter to second quarter.
You got a touchdown lead.
All of a sudden, you got a 3-4 touchdown lead in one quarter.
So this goes to 38.7.
At the top is what?
YouTube Netflix, Hulu Prime, Disney Max, 2B, Peacock, Roku, all that stuff, right?
Cable getting crushed.
However, what is keeping cable?
What happened?
No, nothing.
Yeah, what's keeping cable in business?
So watch.
Rob, do me a favor before we go to this, I want you to think about this.
Three things.
We're talking to our guys here yesterday.
Shout out to Brandon Kelly and Elon.
Phenomenal conversation we're having with these guys.
And here's what we saw.
The number one thing, the three things that are keeping cable in business, first thing is old folks listening, watching TV.
They just want to go home and watch Fox, CNN, MSNBC.
That's kind of how they get their news.
No problem.
And there's a timeline to that.
I'm 44 years old.
I'm not living forever.
So old folks are not going to be around forever when they're watching what they're watching.
Number two is sports.
So cable for the longest time has always had sports, football, soccer, baseball, basketball.
We watch NBA on TNT.
No, no, no, no.
We watch, we consume sports.
So what's happening with sports lately?
Sports teams are now saying, I'm going to do it myself.
And not only that, streaming companies are now offering money to who?
Sports deals and saying, hey, bring NFL to us.
We're Amazon.
Bring this to us.
So cable's like, wait a minute, wait a minute.
We thought our only competition was DirecTV.
And now Direct TV is running out of money.
But you guys can't pick this up to streaming.
Why would anybody want to watch streaming?
And Tom, who one day said, I said, dude, I got to watch this game.
Tom, how am I going to be able to watch this game?
He says, Pat, go on Hulu.
You can watch the baseball game on your phone.
I said, what are you talking about?
I'm younger than Tom.
But when it comes to technology, Tom's younger than me.
So I'm like, Tom, show me how to do this.
I go on home.
I'm like, are you kidding me?
You mean to tell me I can watch the game?
I said, yeah, Pat, just watch it here.
Remember this conversation and I had because cable went out in your neighborhood.
Yeah, because cable went out of my neighborhood.
So I'm watching this.
I'm like, sick.
On your phone and your iPad at HD.
But this is the last one.
Let me tell you what the last one is.
I want to ask this question.
You guys all know the answer to this question, except for Rob.
We had dinner last night and we had a good conversation about this.
Folks, if you're watching this, what percentage of cable TV do you think their advertisement comes from Big Pharma?
What percentage, Rob?
I'm actually curious enough for people to answer this.
And you want Rob to know too.
Go look it up.
I want you to guess.
What do you think the number is?
What percentage of cable TV advertisement do you think comes from Big Pharma?
I'd like to see what the chat has to say as well.
They Googled it already.
They got the answer.
There you go, guys.
Don't go.
If you had to randomly guess, Rob, I would say above 60, so 60 to 70%.
Go Google it now and see what percentage of advertisement money for cable comes from big pharma.
Wow.
And wait till I drop this on you on what do you think is going to happen here next.
If you can pull this up, what's the number?
75% drive.
Oh my God.
75%.
And this is as of two months ago.
Drug dealer.
May 11, 2023 is the article.
75% is coming from drug companies.
Pharma.
So check this out.
Let me break it to the cable folks that are giving all these big-ass contracts to people like ESPN and Fox and CNN and ABC.
And a lot of these guys, to be honest with you, good for them for getting their money, but they're getting overpaid because they would have never made that kind of money in the podcasting game.
Podcasting is hard.
Cable is easier because you're going to have a script to read, teleprompter, 50 people handing you a piece of paper and research and 17 facts on a piece of paper.
You don't have that when you're independent.
This is why when you see a guy like Joe Rogan kicking everyone's ass, he doesn't have a research team.
When he goes to his office, you know what it is?
It's him and another guy that's build a number one show and all these other podcasts you watch.
What the hell are these guys doing?
Moral of the story.
Here's the moral of the story.
That's getting me fired up.
You ready for this?
I'm ready.
You ready for this?
Let's go.
Hey.
If you talk to any presidential candidate, not that I'm going to be talking to any of them, but if we do.
You never know.
What about the question?
Just throwing it out there.
You know what the question and the commitment?
Here's the question I want to get from them.
Hey, Mr. Presidential candidate.
Yes.
Out of nearly 200 countries worldwide, only two of them allow for big pharma to advertise.
What are those?
It's New Zealand and the United States.
Interesting.
Which is kind of strange.
And a lot of American people are starting to ask the question.
Why is it that only 1% of countries in the world allow for pharmaceutical companies to advertise, us in New Zealand?
Are you trying to say folks in Japan are dumb?
Are you trying to say folks in Germany are dumb?
Or Mexico or Canada?
Or even some of these socialist companies that you admire, countries that you admire?
Venezuela.
You know, how about China?
Why don't they allow big pharma to advertise?
Isn't it deeply concerning to you?
Well, it is.
What if, moving forward, are you willing to agree as a president that if you become a president, you will no longer allow big pharma to advertise on cable TV?
And if this candidate, there's one candidate that I know for a fact would say yes, and he'd run with it.
You know what his name is.
His initials are DJT.
Do you know what happens if Trump runs with this?
Let me break it down for you.
If 75% of cable is getting their money from Big Pharma and they all supported vaccine and they all supported us taking the vaccine over and over and over and over again, they said moving forward, you can no longer do it.
Especially, you know why this could happen today?
Because this happened after COVID and people don't trust pharma today.
They don't trust CDC today.
They don't trust the government today.
And they don't trust the mainstream media today.
The lowest it's ever been.
They don't trust it today.
If the president said, you know what, moving forward, guess what?
We're not doing this no more.
Big pharma's out.
This means 75% of mainstream media companies are gone overnight.
Wow.
Overnight.
CBS, ABC, NBC, ESPN, CNN, Fox, go to Fox, commercials, MSNBC.
Their budget is gone.
So these guys that they're able to pay them all this money, they're not paying them the money.
Pfizer's paying them the money.
All these big pharmaceutical companies are paying them.
Now that they're not getting the money, they're going to go to the talent and say, listen, man, I know they're paying you $6 million.
We kind of got to bring that to $1.5 million.
What?
$6 million is what I've been getting paid.
I've been living in this $10 million house.
You want me to get out of this house?
We can't pay you that anymore, bro.
We can't.
I'm going to leave.
Kurda's been paying you that.
Then it's going to be, well, go leave.
But where am I going to go?
I'm going to go to CBS.
They also have the same problem.
I'm going to call NBC.
They also have this.
Let me call my manager.
I'm going to call my managers from WME.
Hey, Johnny.
He was laid off.
So the moral of the story here is all of this stuff that's going on, you're going to see what it's going to go down to.
Here's what it's going to go down to.
It's going to go down to who can sell, who can perform, who can get eyeballs, who can get subscribers, who can keep creating content that's exciting, sexy, interesting, who keeps recreating themselves.
Because those who don't, this dinosaur caveman model of how the media's ran protected by big pharma will be destroyed overnight.
If a courageous president has the brass to say moving forward, Big Pharma can no longer advertise.
Big brass, Pat, but don't you think his life expectancy is going to drop a little bit lower because of Big Pharma?
You don't play games with them, bro.
I don't know if anybody, have you ever seen the movie Michael Clayton?
I know it's a movie, but these people have people working for them that don't.
Pat, you're going after trillions and trillions of dollars.
You know what I mean?
You don't think that's going to piss people off in that industry?
So here's the question isn't about pissing them off.
The pissing them off is, of course, going to happen.
Yeah.
How many movies you got like The Michael Clayton, Aaron Brockovich, you know, Michael Clayton.
Remember the movie back in the days, Thank You for Smoking?
Yeah.
The guy's going around talking about Philip Morris.
Great movie.
Phenomenal movie.
Why smoking is okay for you.
Smoking is not bad for you.
And the guy acted so well.
The same guy from Batman, right?
He's the one guy that played and won the Bank of whatever his name is.
Yeah, good looking guy.
He played in Batman with half his face.
Carneckard.
So it's a great movie, but someone's got to have the audacity to do it because if you don't, look, guys, let me read this story to you.
Check this out.
Heart attacks at record levels after pandemic.
This is a Telegraph story, page 15.
What do you mean heart attacks at record level after the pandemic?
So what page is that on, Rob?
Page six?
Okay.
Heart attacks at record level after the pandemic.
Top of six.
Papa Pa.
There you go.
Okay.
Thank you.
There you go.
So here we go.
Record numbers of post-pandemic heart attacks, hospitalizations exceeded 84,000 cases in England for 2021, 2022, making a 7,000 case increase.
Underline delayed detection concerns says official data.
A new NHS campaign pushes early action, urging individuals to dial 999 when encountering heart attack symptoms like chest tightness and sweating, aiming for better survival odds, emphasizing Professor Nick Linker, NHS, National Clinical Director for Heart Disease.
Every moment that passes during a heart attack increases heart muscle damage.
Please call 999 so you have the best chance to a full recovery.
A 250 million pound NHS funding boost for winter with plans for 900 extra beds seeks to address pandemic, including service disruptions and higher heart-related deaths, while heart charities emphasize the urgency of timely care.
Okay, this is just in UK.
These reports are coming out here.
You saw the story of Caleb White, another 17-year-old kid, number three high school basketball player in Alabama, dies after collapsing on court.
We just had LeBron's son went through that, Bronny.
We were all looking forward to the day for him to play with his son.
And the World Cup female soccer player from, I don't know, Columbia suddenly collapsed twice.
How many people on the news?
They're doing the news and the lady drops.
Comedians dropping politically.
So now, we don't know what it is.
We want to know what it is.
But what we do know, what's happened the last three years, people trust big pharma less.
People trust the government's less.
Governments, plural, worldwide.
Everywhere.
Governments less.
People trust.
World Health Organization less.
People trust NIH less.
CDC.
Less.
All of these guys less.
And all people are saying is, listen, I'm sick and tired of just being seen as the sicker I am, the more money you make off of me.
The more hospital beds are filled, the more money you make off of me.
Empty beds don't make hospitals money.
We need hospitals to be full to make the hospital money.
When you start looking at it from this angle, rather than the incentive being healthier you are, the better you do.
A couple years ago, an insurance company came up to us that a program called Vitality.
Okay, I don't know if you remember this time or not, Vitality.
Yeah, yeah, yeah.
Hancock is who it was.
A good memory.
So Hancock, you know what their memory?
Their product was?
Yeah, I remember that.
We'll sell you an insurance policy.
And if you wear this Fitbit year-round and a Fitbit reports back to our insurance company that you're moving your body and exercising, your cost of insurance is going to decline every quarter or so.
What a product.
You're incentivizing people to not need their life insurance policy.
Let me say that again.
You're incentivizing.
The insurance company is flat out telling you, listen, man, I want you to live longer.
Okay.
Please exercise so you can live longer.
So I don't have to pay you the death benefit in case you die.
And if you keep exercising and moving your body, I will charge you less for the insurance policy.
That's what you call compassionate capitalism, where you're using it in a way to say, listen, let's keep hospitals emptier.
I'm going to give a certain incentive for keeping people healthier.
You don't hear governors or presidents talking about, guys, start reading some business books.
Start exercising.
Stop eating at some of these places that's fast food.
You don't hear those conversations.
If I told you right now, a president that talks about the border, you would say Trump.
If I told you a president that talks about the number one world crisis in the world is white supremacy, you would say Biden.
If I told you the biggest crisis in the world is climate change, you would think about AOC, Greta, or some of these guys.
But if I told you, name me one political leader that talks about go read some damn books, go exercise, take care of your health, stop eating shitty food.
You can't think about a candidate.
You can't.
This is the incentive program.
So going back to the enemy is real, but I think the other side, skeptical people are like, listen, man, it's about time we go address these guys.
I'll just say one thing.
I can't think of a candidate, and that would be RFK.
I mean, it was so fascinating to watch the debate or whatever, the potential debate that he had with the guy, Dr. Peter Hotez.
Meaning, you got RFK, who actually admitted to taking the vaccine, but it says it's okay to question the vaccine, especially the Operation Warp Speed and Rush Down the Pike and what's happening with that.
But here you got this dude.
How old is he?
70, 65?
Just jacked diesel working out.
Then you've got Dr. Peter Hotez, vaccine advocate.
I'm telling you, under that white coat, it ain't looking good.
It ain't confessed.
He's a fast food addict.
Exactly.
So, you know, ultimately, what does it come down to?
Are you going to be proactive about your health or are you going to be reactive?
Hospitals, you know, what did we call it yesterday?
A hotel for sick people.
Unless those beds are not filled, basically the vacancy, they're not making any freaking money.
Exactly.
So, I mean, what did we learn during COVID?
Just take the jab, take the vaccine, don't ask any questions.
Nobody was saying, bro, get the fuck outside, work out, get some sun, eat healthy, stay active, sweat.
But that's the method.
But there's no money in that.
Who makes money?
The gyms.
Okay.
Fitness instructors.
That's awesome.
But that ain't big pharma.
That's not their business model.
That's how they make their money with sick people.
You know, you and I are in the insurance business.
And Tom, you're an insurance executive.
I mean, we can call you an insurance executive.
It's, you know, have you been a president and a CSO of an insurance company?
I was adopted by the industry.
So when the questions.
I'm an executive too.
When the question is asked about life insurance, how to get even with a life insurance company, you know, my statement always?
Don't cancel your policy.
Yeah.
What do you mean?
Don't die.
Don't cancel.
No, no.
No.
Don't cancel your policy.
What does that mean?
Don't cancel your policy because the insurance company banks on eventually you canceling your policy.
Yeah.
And when you do, that premium goes to who?
The insurance company.
Okay.
So, but if you keep your policy and you eventually die, they have to pay out.
So, if you want to get even with the insurance company, buy your policy, never cancel.
That is the wisest thing you can do.
Because what happens with insurance companies is you buy an insurance policy, a 2008 crisis happens, a COVID happens.
What's the first thing people cancel?
Insurance policy.
What they don't realize, the insurance policy you got, you got it when you were 33 years old, healthy, and it was good.
You got approved.
So, you're preferred elite.
You're paying cost of insurance is nothing.
But a crisis happened and now you canceled it.
Say you were paying $100 a month.
I'm just using basic math.
Now you're 43 years old.
Okay, you got a wife and three kids and you're like, I got to go out there and get an insurance policy.
Well, now you're older.
You're sicker.
You're not healthier.
Now your insurance policy is no longer $100 a month.
Now you got to pay $200, $30, $400, whatever the number is going to be, depending on based on your health.
So, but people cancel it.
If you keep it, you're going to be healthy.
We need more policies that say, look, let's incentivize people that don't use health insurance.
Let's give credit to people that take care of their health.
Give them a tax incentive every year where you're not going to the doctor all the time, where you are keeping a certain weight on your body and all this stuff.
Let's give incentives for staying healthy.
If we could do that, we have a better society.
We can easily increase our life expectancy.
We can easily increase our lifestyle.
We can do those types of things.
But those types of policies don't make money.
Exactly.
And Pat, it's funny you say that because, you know, being a veteran just like you, I got my car insurance through USAA and they have this thing that you could add.
It's called SafePilot.
So the app is tracking no matter if you're driving, Pat, and you pick up your phone, it docks you.
If you're talking like this, if you're a speaker.
So now I'm trained now to where I'm like, if it ain't important, I'm not on my phone.
30% I get discount per month because I'm not on my phone talking, driving, and being unsafe.
Ultimately, you're talking about rewarding people who are driving safe or being healthy and doing all that.
And obviously, I won't go here, but obviously I can talk for days about people canceling their life insurance policies.
That's my business model.
But especially if in your 30s, 40s, 50s, even 60s, keep that policy.
As you get older, it gets way more expensive, especially if you're trying to qualify for insurance.
Yep.
Let's go to the endorsement that Ron DeSantis got, which is a legendary endorsement.
He should put this on the wall, by the way, somewhere in his office.
And he should brag about it at the campaign, anywhere he's going, where he's talking.
He should bring this up.
Here we go.
Ready?
Hillary Clinton.
Wow.
Because Ron DeSantis is pathetic and just trying to get some attention.
And when Hillary Clinton says something like that about you, that is an endorsement.
Yes.
How I would take it.
Hillary Clinton criticized Florida governor Ron DeSantis, describing his proposal to grant resident presidents more control over the Department of Justice as pathetic and attention-seeking during an MSNBC interview with Rachel Maddow.
She commented, he's promising anything to try to get some attention.
It's kind of pathetic, isn't it?
DeSantis has previously questioned the independence of agencies like the DOJ stating you can't say that you're independent and hands-off.
That's not the way the system is designed.
His press secretary affirmed his commitment to ensuring accountability and justice and law enforcement agencies.
The discussion also touched on the Republican Party's embrace of partisan politics within law enforcement, prompting Clinton to express worries about democracy and the rule of law, particularly given the lingering influence of Trump.
Vinny, thoughts on this?
I just, like, is it just me?
And I want to know from the people and you guys too, Pat, are you guys tired of like, does Hillary Clinton get it that nobody gives a damn what you're saying?
And she just won't go away.
Do you know what I'm saying?
She was on the Rachel Maddow show.
And besides this one, besides the DeSantis, they were laughing.
These two were laughing, two of the biggest liars about Trump and the indictments and how happy she is.
Meanwhile, she is the biggest getting away with cheating and murder person I've ever met in my life.
And like, when is enough going to be enough?
And she just keeps popping out of the woodwork and nobody, just go away.
She would love to run.
If there's any opening, she would do anything.
Here's my question.
Why wouldn't she?
Okay, why isn't she running this time around?
Why isn't she going for the gusto?
I'm with her and all those bumpuses.
Why isn't she running?
How do you know she's not?
Are you sure?
What I'm saying to you is never underestimate a person that since they were in the womb, they wanted to be the president of the United States.
Never.
She looks at herself as the world leader.
She looks at herself as an emperor, as a president, as the queen.
Her identity is that.
Now, whether you like it or not, that is her identity.
She's convinced she's above you and everybody else, and she knows what's best to run the world.
That's how she views herself.
She looks at everybody as beneath them.
Everybody.
Anybody and everybody she looks at, including anybody.
She says, yeah, you're beneath me.
I know what's best.
That's how she views herself.
When you're like that, any opportunity.
So the strategy would be, if you go right now, run against Biden, you're going to look like an idiot.
She wouldn't run right like do what RFK.
She's above that.
She's better.
That's cheap stuff that RFK people would do in her eyes.
In her eyes, she's more strategic.
Behind closed doors, get a couple of favors, use the DOJ, which is in to eliminate some candidates, and then see if she gets in.
There's certain people that are so deceptive, they should never, ever count them out on how they gain power.
She's one of those people.
And the superdelegate game that she knows how to play behind the scenes, which is sort of a rigged part of the DNC.
And I go back to 2008.
You could almost just change the words here.
Hillary Clinton, 2008.
Just visualize this instead of pathetic.
Barack Obama is inexperienced and just trying to get some attention.
This has been her playbook.
Yeah.
Well, last time she said that, that guy became the president.
He did okay.
Well, I don't know if that's necessarily going to be the case this time with her friend Governor DeSantis.
Just to circle back to that.
No, but it is her playbook.
That's how she works.
Thanks, Tom.
Just to circle back to the whole premise is this.
This is great marketing campaign for DeSantis.
We all saw the commercial about the trans family that was leaving Florida for greener pastures.
He should use that to his advantage.
Yeah, okay.
Everything I've done in Florida.
So if you're trying to win a Republican primary, what's more helpful to you than going to battle with Hillary Clinton if you're Ron DeSantis?
So I actually think this is a net positive for him in the Republican primary.
And his numbers have been fading and fading and fading.
It was six months ago.
He was neck and neck with Trump.
Now it's not even close.
Maybe this helps him.
Did he fire his marketing person and hire a new person?
I think he fired his chief of staff.
The third?
Yeah, it's not a good look on what's going on over there.
And by the way, in New Hampshire, can you pull up New Hampshire polls?
Can you pull up New Hampshire polls?
I think in New Hampshire polls, he's officially behind Chris Christie in New Hampshire.
If you guys haven't seen this, pull this up to see.
Let's see if that shows up or not.
And if you're standing behind Chris Christie, nobody can see.
Watch this.
Polls put.
That's a good point, John.
I didn't even think about that.
Very scientific.
That's interesting.
I like this.
Polls put Christie second to Trump in New Hampshire as DeSantis fades.
Yeah.
Pulling lower.
That's not.
It doesn't let you get there.
I'm actually, I would like to see where DeSantis is in Iowa.
I'm not shocked that Christie is doing well in the Northeast.
Everyone in New Hampshire, New Jersey, New York, they're familiar with him.
He'll pull well there.
I'd like to see what the stats are in Iowa because that is the first state, correct?
Sure, that 9% likely, what would you probably know?
Christie to the Republican, 98% to Christie.
Okay, let's go look at Iowa.
What's Iowa look like?
Do you have RCP, Real Clear Politics?
Robin, I think it'll let you pull everything.
Real clear politics.
Yeah.
Election 20 up at the top?
I would assume that DeSantis is doing way better in Iowa than he's doing in Trump.
New Hampshire.
DeSantis Scott.
Okay, punch in on that, buddy.
Tim Santos.
National Trump's at 54%.
DeSantis is at 14%.
Ramaswani.
6.7 pence.
Ramaswani has cleared pence.
Former vice president.
What you highlighted is he's lost.
He's the only candidate that's lost Twitter followers in seven months.
You got Iowa, where you got Iowa where it's a little bit closer than the national average, where DeSantis is at 17, Trump's at 44.
And then this is after this indictment.
Tim Scott.
How recent is this, Adam?
How recent is this?
This is this today?
Ask Malik over here.
Hey, Malik.
These are compilers.
This is as of a week ago.
RCP.
So this was compilation.
Go back to New Hampshire.
This is as of today.
Yeah.
And then, all right.
So then DeSantis.
So, well, DeSantis apparently is doing better than Christie in New Hampshire.
Penn not to shift gears.
So Trump, these indictments that are happening, Trump's numbers are actually, they went up, correct?
They actually went up.
So my thing is, the left is doing, because apparently he could still run even if he's arrested or felon or whatever.
What is their angle to boost him up like this?
Because they think he's easier to beat than whoever would be behind him.
I mean, obviously, look at the numbers.
Nobody's voting for anybody else.
Why is this showing New Hampshire DeSantis ahead in that article?
All these articles are saying that these are compilation polls from Real Clear Politics.
And what you're seeing is the first poll of the week, which correctly is pointing out that there's a shift going on.
It might just be one poll.
What's interesting, let's see this general election matchup.
How much do you trust this source, Tom?
Just high, low, medium.
Real clear politics is 10 to 14 days behind the actual momentum that's in the market, but they compile everything.
And if you were to click through on that.
So do you trust them or not?
They've been more right than wrong.
Okay.
What point is we'll use this as a source?
Where's the general election looking?
Where's the generals?
So it looks like it's a dead heat with Biden and Trump 44-44.
Yep.
Looks like Biden is doing better than DeSantis, 44 to 42.
And then what is it?
It took the time to see how Trump would do against Kamala Harris, 46, 42.
But here's what I can guarantee.
I'm going on the record stating this.
It's going to be October.
It's likely to be Trump Biden.
Okay.
And what we're going to hear from the news is race is too close to call.
You know, it's going down to the wire, right?
We got to see what's going on in the three battleground states, Pennsylvania, Michigan, and Georgia.
And this stat right here has Biden and Trump at a dead heat 18 months out.
And it just boggles me.
Not even 18 months out.
What are we?
We're 14 months out.
It just boggles my mind that still, with everything that's happening with crime, border, Ukraine, that's just a short list.
People are still like, I still, you know, I don't want somebody that's going to rock the boat.
And they just want this sick, senile, perverted kid sniffing.
Like, it drives me insane that people still haven't woken up to what's happening.
I'm not shocked whatsoever.
You're not shocked.
No, I'm just saying, every election goes down to the wire.
So if you're expecting something different, that's a definition of inspiration.
So I think if it is him, which it looks like it is, he should show up on an orange jumpsuit and be like, orange is the dude, orange.
And that's how I would debate if I was Trump.
Show up orange and be like, what are you going to do?
Like, just get and really put on the spray tank.
He's going to show up orange regardless whether he wears it.
100%.
Since that's what you're talking about, let's talk about what happened here with the indictment.
Let's go.
Trump faces 76 and a half years in prison in Georgia, 91 counts, 717 and a half years overall.
Man, they think he's like a biblical guy.
He lives like to 700 years.
Plus, death penalty.
So, former President Donald Trump could face up to 76.
If he's convicted and receives a maximum of all sentence on 13 counts, he faces the indictment filed by Fulton County, Georgia District Attorney Fanny Wills late Monday night.
Here the counts, one violation of Georgia's RICO racketeering influenza.
By the way, this was for the mob, up to 20 years.
Five solicitations of violation of oath by a public officer, up to three years.
Nine, conspiracy to commit impersonating a public officer.
11, conspiracy to commit forgery in the first degree.
13, conspiracy to commit false statements and writings.
Conspiracy to commit filings, false statements.
That's another five years.
Conspiracy to commit forgery in the first degree, seven and a half years.
Conspiracy to commit false statements and writings, two and a half years.
Filing false documents, 10 years.
Solicitation of violation of oath by public officer, false statements of writings, solicitation of violation of oath by public officer, another one.
False statements and writing again.
So in addition, he faced 136 years and 34 counts in New York case, 450 years and 40 counts in the Miami case.
Oh my God.
55 years and four counts in the federal case in D.C.
And Trump could face up to 717 years in prison.
The latter charge in D.C. also includes the possibility of death penalty.
Pat, first of all, it's comical at this point.
But you know what?
Trump should have listened to Chuck Schumer.
Remember, Chuck Schumer warned him: the Department of Justice has seven ways a Sunday to get you.
And let's just all be clear: Trump didn't try to overturn an election pat.
He was just suspicious that the left was trying to cheat again.
Okay.
They were cheating in 2020 with the whole FBI, like stopping the Hunter Biden story and all that stuff with Joe Biden.
Hillary Clinton cheated in 2016 when she tried to undermine the election with the whole Russian collusion.
And you know what pisses me off about out of this the worst, Pat, is that the Republicans, I'm sick and tired of people like Kevin McCarthy, Jim Jordan, Matt Gates.
All they're doing is barking.
If you watch all these judiciary hearings, from anything, from the indictments to COVID to everything, they're the biggest sitting there barking and saying they're going to do this.
And how many whistles have to be blown?
How many whistleblowers?
How many smoking guns need to be found, Pat, till they actually do something?
Nothing, nothing is going on.
And that's why it keeps bringing me back to the point that they're all on the same team.
Republican, Democrat, same freaking team.
One just barks, doesn't bite, and the other one is getting away with murder.
I hope that the independents out there are watching.
If you don't see what's going on with Trump right now, you're either a sheep or you're just too dumb to understand what's going on.
I keep staying to my theory, Tom, but you go first.
I'll give mine F to yours.
So when I look at this, remember we broke down, who was it, Alan Bragg in New York, and how he had inflated everything.
Remember that, Pat?
We've done a podcast with Alvin Bragg, Alvin Bragg, and the DA in New York.
And here's what's happening here: take away everything that says solicitation and conspiracy.
Conspiracy says two guys were thinking about it, talking it over.
Don't say they did it.
And solicitation, there's a time and a place for that, and it's called Congress.
The only thing you see here is that first count: violation of Georgia RICO Act.
So you actually did something.
Everything else here is just stuffing the turkey with bread.
There's nothing really here except that one big count.
And they are attempting to make everything seem better by adding up all these years.
This would never happen.
If you and me were indicted like this in Georgia, the 76 years would go down to a year and a half for RICO if we were convicted.
This is just, this is fluff.
are fluffing and puffing up just like Bragg did in New York City.
So when people hear about this, you have to realize just how politicized this is and what is really account here and what is really, oh, and also conspiracy, conspiracy, conspiracy, conspiracy, conspiracy, seven of those.
Three solicitations.
It's ridiculous.
Conspiracy and solicitation, even if you prove it, people go, okay, so Tom and Pat talked about doing something in the insurance industry.
Did they do it?
No, but it was conspiracy to commit, but they didn't actually do it.
All right, well, why don't we give them both a $200 fine and get them out of here?
That's what happens in these things.
This is fluff and puff.
How long do you think they've known they're going to be doing this?
For a while.
Oh, this is time.
This is on a calendar in somebody's office.
Hey, on Thursday, that's when we need to do it.
But Tom, honestly, like you're a sharp guy.
How long?
Give me a timeline.
Have they known they're going to be doing this for two years, for a year and a half, for one year, for six months?
How long have they known they're going to be doing this?
I would say probably a year and a half because six months after Biden's inauguration, they knew he was politically having trouble.
I'm guessing probably on the January 7th.
January 7th.
That next day.
And they're like, yeah, we're going to say that, Pat, especially.
And even before then, sorry, Pat.
Even before then, because you had to figure out that they were going to go there and protest.
I'd say a couple of days before, because then you had to have FBI agents inside the Capitol, outside, pushing people to make you become this thing to have it come down to the city.
Okay, so let me ask you.
So these people that have been working on this for as long as you say they have.
Who are they loyal to?
Are they loyal to, hear me out?
Are they loyal to Biden?
Are they loyal to Obama's?
Are they loyal to the party?
Who are they loyal to?
For the country.
It's definitely not the country.
It's definitely not the country.
Who are they destroying the country?
This is the first time in the history of America that this has ever happened with any president.
And there's been a lot of stuff that's happened in the past before.
This is not something that we practice to look this pathetic in front of the world.
So who are they loyal to?
Who's their loyalty?
I mean, I would say besides the party.
You can say somebody else, but who do you think they're going to be?
I was going to say the devil, but that's, I don't, I want to, I want to ask you.
I'm asking a serious question.
It's a serious question.
Who do you think their loyalty is to?
I'm not saying this is the case, but I would hope that their loyalty, especially if they're prosecutors and judges and DOJ, that their loyalty would be to the law.
Okay, what do you think their loyalty is to, Tom?
I think they're loyal to the Democratic Party.
Okay, I agree.
It's two district attorneys that have been put out there, and I don't think these DAs know that they're being played.
History is going to have their name in the book.
Not anybody bigger.
Do you think they're more loyal to the Constitution, to the law, or their political party?
The Constitute?
Exactly.
The party.
So which case are you talking about?
Because they're all wildly different.
No, which case, any case, that they want to put this guy away?
Well, if you're talking Alvin Bragg in New York or if you're talking the Mar-a-Lago thing, yeah, I'm with you.
But the Georgia thing, I think, is totally different.
You have a governor, Brian Kemp.
You have the lieutenant governor.
What was his name?
Katzenberg or something like that.
These are Republicans.
These were people that voted for Trump.
You also have Mike Pence, who was the boot-licking VP, who is the probably star witness in the January 6th thing.
So I'm just saying that there's a nuanced conversation here.
I don't think Brian Kemp is loyal to the Democratic Party.
Okay, so let's stay there.
Brian Kemp was even asked if Trump is the nominee.
Will you still vote for him?
He said yes.
So you're right.
He did say if Trump's the nominee, I'm still going to be voting for him.
Mike Pence is a different story.
If Mike Pence is truly about the Constitution and America, you know what would happen if Mike Pence was really that?
His followership and popularity would go to the roof, but it hasn't.
It hasn't from anybody.
No.
So then here becomes.
The motive becomes we want to get rid of this guy because he's going to come in and drain the swamp.
And guess what?
Let's eliminate him.
Okay.
This is even the Georgia thing.
It isn't anything that Clintons and others haven't done in the past before.
Okay.
The only thing is it was on tape.
That's the whole thing.
No doubt.
I mean, I'm sure the case.
Biden was on tape saying if the prosecutor doesn't do this and it's the guy that his kid was getting money from the back and he's still our president of the United States and no one.
So to compare Biden's stuff to Trump, it's not even a comparison.
Well, even Nixon, the Watergate tapes.
Here's where I'm going with it.
The point I'm trying to make is the following point.
If they've known for a while, Tom, that they're going to be doing this, okay?
If they've known for a while, Adam, I want you to think and play the devil's advocate here.
Sure.
So what percentage do you think that the people who are on the inside that know these things are coming and it's time because it's time perfectly.
I was telling this to Russell Brand yesterday when I was on the show.
I said, you know, the whole thing, how every time Biden got in trouble, the exact next day Trump gets indicted, three, four times.
It's the same exact day.
You have to be a dummy, naive, oblivious, or like you're happy they're doing that to say, no, there's no chance.
This is accidental.
I run.
No, bullshit.
It's happened many times.
Okay.
The timing is weird.
The timing is weird.
So do you think the guys that know they're writing this up to destroy Trump, do you think by any chance they've spoken to DeSantis and Newsom about it?
Oh, wow.
Good question.
I would say they've spoken to Newsome, but DeSantis knows.
You would say they've spoken to Newsome, but DeSantis knows.
What I'm saying is I think there's been like straight up conversations, but I think they would have probably worked to flow it to DeSantis.
Go deeper.
Like what kind of conversations?
You're saying?
Oh, I think it's a very subtle conversation.
I think it's this kind of a conversation.
Let me kind of unpack it for you.
We can role-play.
So you got these guys that are doing it.
The people on the left know.
So a person on the left that's a, you know, maybe a leader or, you know, exactly.
I'll read this here in a minute with Natalie Ford.
Those keeping scored 317, Hunter Biden admits laptop.
318 Trump indictment news.
6'8, FBI Doc alleges Biden bribe, 6'9 indictment.
72,600 plea, deal collapse of 727 indictment.
731, Devin Archer testified 8-1.
This four times back and then new one.
Go to the bottom one on what she's got.
Okay, 8-9-1, Biden bank records release, 8-11, DOJ, the special account.
So we can go on and on and on and on with these types of things that's happening.
But here's where I'm going.
So they know, hey, guys, we're about to drop the bomb and we're going to destroy this guy.
He will never have a career in politics.
He'll be done and he'll spend the rest of his life in jail.
I'm talking about Trump here.
Yeah, I'm talking about the same thing.
What people are saying left are saying, we're about to do this to Trump.
Great.
Got it.
So a couple of the guys say, hey, you know what I want you to do?
What?
I'll give you a bone.
Go whisper it to your guy, Ron, that don't worry about Trump.
He's not going to be there at the end.
It's his position.
Go whisper this to him.
You think so?
Yeah, just go whisper to him.
Or indirectly.
Well, listen, don't ever tell DeSantis this.
I don't want him to know.
It's a sign of what?
Go tell him.
Because, you know, in that dirty world, whatever you say, don't tell, they go tell.
These are dirty people, right?
Some of them that are in the dark sides of politics.
So then a guy comes up and says, hey.
You mean all of them?
I'm not saying all of them.
I'm not saying all of them.
I actually do believe there are some good statesmen out there.
It's very hard to be a good statesman.
You have to realize in every space, there's dirty people, and there's statesmen.
I'm convinced there's plenty of statesmen there, too.
But it's very hard to stay a true statesman over time.
So then one guy comes, hey, listen, you talked to one of DeSantis' right-hand guys.
So look, just between us, I want to whisper this to you, but please don't say anybody that I said this to you.
Here's what they're going to be doing to Trump.
So it's going to be an open run for him.
He's pretty much going to be the candidate.
He has to lose it to not be the nominee.
Oh, really?
Yes.
Then they come back and they say, hey, here's the news.
Guess what?
Take our time.
We're launching the campaign.
We don't have to be as aggressive going out there.
Wait.
Then defend him and say the fact that DOJ is going after him.
Then defend him that this is not the right way to do because you'll seem like a hero and you're going to gain the MAGA crowd.
What are the chances that that kind of a conversation has had where the news has been given to him to say this is your opening because he's not going to be there at the end?
What are the chances that a conversation?
All these types of shady conversations are happening, no doubt.
What I will say, so I'll agree with you.
What I will see, if those conversations did take place, you know, follow the money, follow the numbers, it's not helping DeSantis' campaign.
No, but that's because numbers are plumbing.
But don't you think that's not the problem?
But that's not on them, though.
That's on him.
Yeah, but that's not on, that's not because you have to have the talent to get the eyeballs.
And if you can't sell the dream of why you ought to be the candidate and you're just talking logical stuff and it's just policy, you can't get the people.
Then I'll go deeper.
If there is that conversation happening, which I think maybe we'll see, I think they're whispering it to everybody.
Here, Pence, don't drop out of the race.
This is what may happen.
Hey, Governor Chrissy, stay in this thing.
Hey, Tim Scott, you could be the first black Republican president.
Boom.
Hey, Nikki Haley, I don't think they're just going to put all their chips on DeSantis if that conversations are happening.
And I'm going even further back.
Those guys are not a threat, though.
No, not at all.
That's what I'm saying.
So, Pat, why would the Democratic Party want to do all this to Trump and say, hey, Ron, you're going to be that guy?
Because they know they could easily beat Ron because he hasn't done shit.
Biden, Trump is the threat.
Trump is the threat.
And if you don't see the cheating, if we were all racing on Monday, Pat, and on Sunday, I know that you're my only challenge.
It's mean, I know, and I know that you're faster than me.
You're shoeing.
If I knew cops and like maybe a judge, I'm like, hey, go arrest Pat.
I'm going to go set him up.
And that's cheating.
They're cheating.
They're taking the legs out of the number one guy because they want Ron.
Do they want that?
If it's Biden.
You're saying that Ron DeSantis, that Biden could easily beat Ron DeSantis?
I think easily he'll beat Joe DeSantis.
Fully disagree with you.
You don't think Joe Biden's going to be able to do that?
What if Ron DeSantis was the candidate?
I think he would whip up on Joe Biden.
I don't think so at all.
I think that's why I'm not.
I don't think that he's vibrant.
He's not exactly the best marketer, but you're going against Joe Biden, who's not a marketer at all.
I fully disagree.
I think DeSantis would whoop up on Biden.
Then why are they getting rid of Trump?
Because DeSantis is the next guy.
They're just getting rid of Trump because they want to get rid of Trump, regardless of who's next.
But as a plan, you would have to know that the number two guy is going to, you know what I mean?
They're going to have to go against.
That's a better fight for them.
Is DeSantis?
Is that what you're saying?
Like, that's a that's a.
Look, if you're looking at the general election matchups, what you just talked about 10 minutes ago, Biden and Trump are still at a dead heap.
I have a bone.
And Biden and DeSantis are within two points.
I want to believe what you're saying, Adam.
I want to believe what you're saying.
But I'm not convinced DeSantis is going to beat Vivek.
I'm not convinced DeSantis is going to be able to take Vivek out.
I think Vivek is.
And by the way, we're going to learn a lot about the debate.
The first debate that's coming up on stage, we don't even know if Trump's going to be there or not.
When is it?
Most likely it's coming up like in a week or so, the 23rd.
We don't even know if Trump's going to be on stage or not.
But if Vivek comes out and he puts on a show and all of a sudden you see DeSantis drops off and Vivek goes up, you're going to be like, wait, what just happened here?
That's pretty wild.
That's number one.
Can I say one thing about Vivek?
I'll say that guy is an absolute beast.
He's an absolute stud.
Are you going to say what?
His religion, Hindu, that we're not ready to go?
Running as a Republican, Christian, evangelical, you're telling me they're going to vote for a brown Hindu guy?
We'll see about that.
Okay.
If he was running as a Democrat, that guy would be the next Obama, no doubt.
Vivek.
Good point.
I mean, good point.
Way.
By the way, let's see.
Okay, let's see.
You have to still be able to sell the dream.
I think he's in this Santis doesn't know, hasn't shown yet how to sell the dream.
He sounds like a guy that's talking to you, that there's an element of i'm smarter than you and i'm better than you and trust me.
Just, you know I and that doesn't relate to a little Hillary Clinton ask yes, a little bit.
It's just a pun.
You trust it's a one.
You trust more, it's a.
It's a guy that I actually think.
He's got solid characters and values.
I think he's a good guy.
I think he's a good husband, good father, but he's also been wanting to be a president since the womb.
He's been wanting to be president for a long time.
I put those two in.
I don't think Trump's been wanting to be a president since day one.
I think Rfk just wanted to be his father's son and spent time with his dad and is heartbroken, devastated.
14 years of being addicted to drugs from 28 to 42.
He's lived a hard life.
The guy's lived a very weird life, not saying he doesn't have the additional stuff, but where i'm going with this is the following, you know if, if you truly are thinking the Santis would do better than Biden.
If you truly think the Santis would do better against Biden, why?
Why are you eliminating Trump as a candidate if?
If Democrats are more street strategic than the right, why not wait to go after Trump?
If he's not even a candidate, he's gonna, he's gonna be gone.
Why do you care about him so much?
If you think well, I think the Santis is gonna beat Biden, no problem all this stuff.
Well then you know no problem.
If you really think that's it, then let Trump be the candidate, because you know you're gonna beat Trump.
These are very the Democrats, you.
I respect them.
So how united that group is the level of unity that the Dems have over Republicans?
Republicans compete against each other.
Democrats are like, nah man, I can't stand you, I hate you, you're the worst human being in the world.
But what are you, a Democrat?
We're on the same page bro, we're gonna be all right.
That's how united they are on their party.
I'll give you a little feedback on the Democratic party.
Uh, they're just whoever's leading in the polls, they'll try to dismantle.
It's Trump, it's the Santis, they'll go on and so forth.
I think if you're, if you're, a Democrat right now you are about to run literally the worst polling president you possibly ever run ever, okay.
So Biden, the 75 of Democrats are like bro, don't do it, bruh don't do it, but he's doing it, and they are all gonna coalesce and get in line.
But nobody's excited about Biden and uh well, I think it's gonna be a shit show.
He did try to excite somebody, but it didn't work for him.
So former senator told Biden he'd kick the shit out of him.
Then vp for getting handsy with his wife if you want to get this video ready.
By the way, former senator Scott Brown recounted a threat he made to president Joe Biden after an alleged incident 2010 when Biden got too close to Brown's wife.
Brown stated, I told him i'd kick the shit out of him.
Uh beat it, uh beat.
And then I told him to stop.
The incident took place during Uh Brown's swearing ceremony, with photographs capturing Biden's hand positioned near Brown's wife's posterior.
What posterior's like button?
Is that what that means?
It's like that.
You know the part that goes.
It's like a daring.
It's like a dairy pointing out signs mumbling Anger, outburst.
Brown also criticized Biden's well-known touchy behavior, mentioning an incident where actress Eva Longoria had to guide Biden's hands away from her breast.
You can show that clip as well.
White House film screaming in June.
But play this clip and then play to the podcast of him saying this with TMC.
Go for it.
This is the clip.
Rob sees it.
I don't know if I see it.
Watch that's right arm.
Boom, boom, boom, boom.
Three taps on it.
Literally can't see his arm.
Listen, I could see it at him.
Sorry, we are back to the guy.
Literally can't see his arm.
No, I see three times he tapped her butt.
I mean, why would the guy lie?
Why is he lying?
Why should you think she's lying?
So pause and go through what he said on the podcast if you have it, Rob.
I don't know if you do or not.
Okay, let's play this one here.
Go for it.
Hair-sniffing Gail or handsy with Gail?
Or did I imagine?
Yeah, yeah, yeah, yeah.
I told him I kicked the shit out.
I told him to stop.
Yes.
I think people are irked out about all the hair sniffing and things.
We went overseas and he especially took a long inhale.
And I think women are skeeved out by that stuff.
And, you know, he's not a good guy.
You know him.
Listen, I did know him.
I spent quite a bit of time with him.
I enjoyed his company.
But that's not Joe Biden.
We all know the signs.
We all know people who have dementia and have the beginning of Alzheimer's.
And, you know, he's got it.
I mean, it's the walk.
It's the way he's mumbling.
His anger outbursts.
And, you know, it's a shame that we can't do better, as I said, in this great country.
But, you know, a lot of people don't want to run because of everything you're seeing now.
Yeah.
Hey, you know, I'm imagining this, but did you, when you were on the Herald Radio with us, probably seven years ago, when you got sworn in as senator, was he like hair-sniffing Gail or handsy with Gail?
Or did I imagine?
Yeah, yeah, yeah, yeah.
I told him I kidded him.
We got to do it.
Yeah.
But it just boggles my mind that it's just okay.
Like, he's been doing it forever.
Now that he's old, people are just like.
It's like Eval Longori video, if you can't find it, go for it.
You know what I mean, though, Pat?
It's like, is it unbelievable that he's been getting away with it forever?
How many videos of him?
This one's awkward.
All right, let me see.
This one's awkward.
Watch this.
Watch what she does.
Watch this one.
He just hit the side nipple.
Look at that.
He's shopping.
He's shopping for cantaloups.
Guys, I don't know.
No, no, no.
To me, can I be honest with you?
Go ahead.
This is kind of weak.
Honestly, I think he should step his game up.
I like presidents that grab him by the pussy.
Don't half-ass these hugs.
Just go all in.
Show me one video.
Go for it.
Show me one video.
I'm actually not kidding.
Clinton?
Listen, if I'm married to Hillary Clinton and some young intern who's of age and consensual wants to in the White House, go ahead, buddy.
You want to grab him by the woo-woo?
Let's go for it.
Biden should step his game up.
Stop fucking half-assing and maybe touching a derry air.
Step your game up, Joe.
Sleepy ass Joe, grab a fucking titty.
Be a man.
Adam, your podcast.
Adam Woods tomorrow.
Adam, by the way, welcome to the South Castle.
Adam's crazy.
All jokes aside, though, how many videos, dude, there's compilations of him not only grabbing women like this, sniffing kids, touching kids, 13-year-old girls like this.
Hold on, live on camera in the White House while his vice president.
Not enough.
And he needs to do more than that.
No, I'm being serious.
He's touching and smelling children at him.
Yeah, the kids stay with him.
He gets away with it.
And he gets away with it, bro.
Like, that just shows you when people are like these elites, they're not protected.
There's no pedophilia.
The guy is on camera smelling and touching girls that are looking like, look at that girl.
That's.
That one photo right there, Rob, the one, look at that.
Look at the father.
Doesn't give a shit, Pat.
Look at what this.
I want to find this girl and interview her.
Like, excuse me, what did you feel when Joe Biden was smelling you when you were 14 years old?
It's disgusting.
And if anything that his daughter, Rob, his daughter wrote in her diary that they found at the Airbnb, by the way, the dumbest family ever.
Hunter leaves laptops and repair shops, and Joe Biden's daughter left her diary at an Airbnb.
Hold on.
The Project Veritas people, they had it.
You know what she said?
My father was taking baths and showers with me at an inappropriate age.
What does that say to you, Adam?
He's a disgusting old man, but guess what?
Oh, he has dementia.
Oh, it's old Joe.
Oh, he's a grandfather.
He's cute.
No, it's disgusting, bro.
Let me tell you something, Vincent.
Go ahead.
How many politicians have you met in your life?
A couple.
I'll say no.
You've met way more than three.
Let me tell you something.
Go ahead, Adam.
There's something that all politicians do.
And that is, they say, get out there, shake some hands, and kiss some babies.
We all know that.
They all do it.
Now, the problem with Joe these days is that he's shaking babies and kissing hands.
He's a little dementia.
He doesn't know which one's going on.
But they all do it, bro.
If you want to freeze frame you taking a picture with a kid, it's always going to look weird.
So anytime that you want to make up a story, you'll find no doubt.
So is he creepy?
Yes.
Is Trump creepy?
For sure.
Are they all fucking doing weird stuff?
For sure.
So be an equal opportunity.
Okay.
And call him.
Oh, wait, wait, time out.
There is no way in hell you're going to compare any other random politician that who the hell has a compilation of what he's done in the White House?
Kissing babies and saying hi and waving and shit.
No other president in the history of presidents has that much footage of him smelling little kids, period.
Or rubbing on people's nipples.
How much have you partied with Hunter Biden?
Be honest.
I have never partied with him.
You want to.
I've tried, but he never relaxed.
No, but that kid stuff is disgusting.
I'm sorry.
There's a couple.
Lots was said right there, back and forth.
There's a couple things to be thinking about.
Anytime you have a reputation of overly being done, it's pretty real.
You can't think of a lot of stories of politicians kissing babies, and anyone's used it to be as creepy as this guy does it.
Just very, very creepy.
It's his nickname, Pat.
It's his nickname.
He's called him to go.
He's got it.
I'm with you there.
In regards to Trump and creepy, Trump and Creepy.
You want to call him player?
You want to call him a salesman?
You want to call him all that stuff?
Yeah, totally fine.
You want to call him, he's had businesses go bankrupt?
Totally fine.
Creepy is not a word that's going to catch on with him.
This is a guy that's a player.
Like Biden's not a player.
Trump is a real life player.
He's had a lot of beautiful women.
You can criticize him there all day long.
However, there is somebody that doesn't like to be courted, doesn't like stalking.
She's not a fan of it.
Okay.
At all.
Okay.
She wants to be a leader.
And you can't flirt with her.
Not up and who.
She sees that as stalking.
Okay.
So today we're going to talk about Rachel Ziegler who got backlash.
She's supposed to be the next Snow White.
She got backlash, which could ruin Disney's show remake Snow White.
Okay, let's read this.
And Rob, if you can get the clip ready of the second one, the one I tweeted at.
Matter of fact, just go on my Twitter account and you'll see the one that I have and just put that one up there.
You were just on it right now.
Okay, so I'll read it.
Rachel Zegler, critical remarks regarding the upcoming live action Snow White remake have triggered concerns about potential damage to ticket sales.
The 22-year-old actress faced backlash for her negative views on the original 1937 film and the Prince character, which she labeled a stalker.
Branding expert warns that Ziegler comments could impact the film's reception.
She has been accused of gaslighting and dubbed a fake feminist.
Disney faces challenges of managing Snow White's portrayal and controlling actor statements to prevent negative effects on ticket sales.
Despite Rachel Zegler's playing the lead role, experts suggest that Disney executive might need to reconsider her suitability for promoting the film.
So play this clip, if you may.
Just listen to what she says.
She just sounds bitter and angry.
Go for it.
I mean, you know, the original cartoon came out in 1937, and very evidently so.
There's a big focus on her love story with a guy who literally stalks her.
Weird.
Weird.
So we didn't do that this time.
So now, Prince or a different kind of prince?
We have a different approach to what I'm sure a lot of people will assume is a love story just because we cast a guy in the movie.
Great dude.
It's one of those things that I think everyone's going to have their assumptions about what it's actually going to be.
But it's really not about the love story at all, which is really, really wonderful.
And whether or not she finds love along the way is anybody's guess until 2024.
All of Andrew's scenes could get cut.
Who knows?
It's Hollywood, baby.
Who the hell are you to say all of Andrew's scenes could get cut?
Like, who are you?
Oh, my God.
Are you Disney?
Are you running?
Can you go back to the tweet on what I told Bob Iger?
Can you go back to that?
Here's what I told Bob.
I said, I'm curious, Bob.
Don't you think messages like this is why Disney keeps having box office flops?
I've read your book, and I have.
It's a phenomenal book.
It's right of a lot of things called.
I had our entire company read the book.
You're a smart CEO.
I'm not sure I'm convinced you're okay with this.
You're losing generation of loyal viewers.
When you think about Snow White, honestly, what is the premise?
What is the story?
It's a lovely story.
It's a love story.
It's a dream for a girl to grow up and a man falls in love.
I mean, the plot is about, will Prince Charming show up?
And then after she says that, she gets a bunch of backlash.
Play about 45 seconds of this.
She actually cries if you can get to that part.
And then I want to hear from you.
There's a part that she gets emotional.
Like people are, she said death threats.
I don't know which dwarf gave you a death threat, but she's saying she's getting death threats.
Play from right there.
That's her agenda.
It was death to her career.
Press play.
Go ahead.
She just played from the beginning.
We just won't play the whole thing.
And Pat, while it's loading.
She's being censored.
Yeah, exactly.
And Pat, while it's loading, then guess what?
It's not the Snow White movie then.
Name it a different movie.
Totally fine.
Leave Snow White alone.
Yeah, totally fine.
Go ahead.
Before this thing plays for us.
Go ahead.
Taken out of context.
And I know that at this point, I can't really stop people from doing that because that's what my whole existence on the internet is, is just me being taken out of context and stuff, which is fine.
That's what I signed up for, isn't it?
But I never want it to come off as me being ungrateful for the opportunities I have when I say that this has been the biggest adjustment of my life, like understanding the way my life operates now, being who I am and the things that I've been so fortunate to make.
It comes with so much ground, so much ground that I never thought I would be able to cover and that people think I'm doing poorly and other people think I'm doing gracefully and I don't think I'm doing it at all.
So when I tell you that it's hard.
You can pause it right here.
I will tell you this.
I love the way she communicates.
She's a freaking great communicator.
Words, like ability to talk, fantastic.
Obviously, she's very attractive, very cute.
But her views, her eliteness, her like, I know what's right and you don't.
And now you want to apologize, bro.
This is how the world works when you get on social media.
We had at our event at the insurance conference.
What was the format?
It was a debate format.
Our debates got it in the format.
Debated each other.
You know what everybody was asking me questions?
Should I say this?
Should I say that?
Here's what I told everybody.
You can say that.
But if you say that, be ready that he's going to come for you and she's going to come after you.
Do not be offended if they come and say this about you.
Like, well, no, no, no, that's not fair.
I said, no, I'm not telling you that.
All I'm saying to you is that's how this thing works in the world.
If you talk shit, it's going to come back.
I tell my kids, hey, man, you talk shit.
That guy hits you?
Of course he's going to hit you.
There's something called cause and effect.
We don't just sit around and say, okay, yeah, we grew up watching this movie called Snow White in all these other countries.
And all of a sudden, you show up and we have to eliminate all the memories of these young girls who grew up wanting to have an experience like that.
And you're the almighty.
And this guy that started a company many years before you did, who's given you a job, you want to trash that legacy, that company, that now Disney is screwed up the last five years, trying to please a small percentage of minorities in America that are bitching and whining all the time while the majority is quiet going about their business and raising their families.
And we have to lift.
Listen to those guys cry all the damn time.
Yeah, we're sick of it.
We're sick of this bullshit.
This is what you're getting.
So the more you do this, Disney, Iger, what is this girl's name?
Rachel, Rachel Zegler, Ziegler, whatever her name is.
Yes, this is exactly the backlash you're going to get from parents who have kids who are your customers.
You're supposed to win parents over.
You're talking to kids.
The parents pay for the tickets.
You have to be a dummy as a marketer to be saying, if I'm Bob Iger, you know what we're doing?
Emergency meeting.
We're putting Snow White on hold for two years.
And guess what?
Smart.
Pay her a couple million bucks.
Go away.
We're going to bring another person to play this role because you just screwed this thing up.
And whoever comes next, you know the guy that, one of the things about Hollywood actors that are not on social media, you're always like, how come they're not on social media?
And then some of the guys that are professional, I don't know who the King Arthur, who's the guy that played King Arthur?
I don't know what his name is.
He's a great actor.
If you type in King Arthur movie, what is this guy's name?
That guy right there.
What is that guy?
What is his name?
Very good-looking guy.
Man, if you guys can go a little lower, you'll see it right there.
Right there, right there.
That guy right there.
He's in the bike gang.
No, that's not it, man.
There's another King Arthur movie, young guy.
I could make a joke right now.
Maybe if he was on social media, we know his name.
Well, no, but the point is they asked him, they said, why are you not on social media?
And he said, that's intentional because it ruins the art, right?
If you're an actor and you're playing somebody that you want us to, right there, that guy right there, Charlie Human.
I'm London.
And he's doing that interview.
Sons of Anarchy.
And you know what?
I'm sitting on like, you know what?
I kind of agree with you on what you're saying.
Listen, Mrs. Actress, you want to get out there and play a role for us to believe you're that person?
Will Farrell is screwed for the rest of his life.
If Will Farrell plays a serious movie, I can't take him seriously.
I can't take him seriously.
That's who you are.
It's done.
There's a reason why the girl that played Exorcist who walked backwards never got another movie ever again.
Ever.
And there's a reason why the movie Dirty Dancing when the girl got a nose job, we want the girl with the bigger nose.
I love it.
We don't want the girl with the smaller nose.
You ruined your career.
We want that girl, right?
So we have a love affair with a role when you play in a movie.
You take that innocence away.
You screw the whole thing up for us.
Do you think, Pat, that they, like, basically told her to have that actor?
Because, yo, that's her.
That's the story.
I don't think Bob Iger is okay with that.
You don't think?
That's the storyline, though.
They changed the storyline.
That's okay.
But Bob Iger, there's no way Bob Iger is very, very smart.
He is very, very smart.
He's not a, he's not a Republican, but he's also not a Democrat.
When COVID first happened, he was helping Newsom out with COVID issues that was going on because Disneyland is there and Disney World is over here.
When Newsom made a decision on shutting down all the parks, all of a sudden Iger said, dude, I'm off this board and helping you out.
He left Newsom.
So that is a call out to Newsom saying, dude, your policies are ruining jobs, bro.
While this other guy named DeSantis is keeping my park open, you're screwing it up for me.
So I believe he's a logical guy.
Now he's got a feud with Newsome over here, with DeSantis over here.
I think he has logic.
I think he can reason.
I think he's the type of guy that could one day be a good presidential candidate.
So he knows this is not a good thing.
He knows it.
There's no way he's sitting around saying, I don't know why we're doing this.
Let me give you some feedback if I can.
No, I don't think that she was coached or I think this, I think this is genuinely, she's a product of her time.
She's a product of her environment.
Here's a 22-year-old, what, mixed girl, whatever, Latina.
I don't know what she is, whatever.
Cute girl, whatever, all good.
But she's a product of her environment.
She's been raised in a femme-centric girl boss, the futurist female world.
I don't blame her for any of this.
But there's a deeper story here.
Let me tell you something.
So I had to go like watch a little clip of Snow White, read a little bio of Snow White, because I haven't read it in 30 freaking years, okay?
Here's actually the story here.
And it's so funny how she's making the creepy guy the enemy.
Lo and behold, the king, the wife died, and he got a, was remarried to the wicked stepmother.
She became the new queen.
Do you recall this?
Yes.
And this wicked, vindictive bitch thought that Snow White was too pretty.
So what did she do?
Tony.
Are you looking at that sound?
Hey, bitch.
Inside joker.
Inside joke.
So mirror, mirror on the wall.
Who's the fairest of the wall?
The mirror said Snow White is.
So the stepmother, the queen, the wicked stepmother was like, uh-uh, we got to kill that bitch.
Enter hero number one.
She calls on the huntsman to go kill Snow White out in the forest in the woods.
The huntsman, the man, says, no, I'm not killing this young, beautiful girl.
I'm going to set her free.
So she goes free.
So the queen, the vindictive, murderous bitch, was the one that wanted to kill Snow White.
Boom, the huntsman steps up, doesn't kill the girl, okay?
Almost like the hound in Game of Thrones.
Okay, so hero number one.
So she's running around in the woods.
She runs around and finds what?
Not one, not two, not five, seven little people, because don't call them dwarves these days.
Oh, your ass will get canceled.
So they're sleepy, there's dopey, there's grumpy, there's drug addict, whatever's going on there.
They're doing that.
They take her in.
They're whistling while they work.
That's a crazy concept.
They're working their ass off.
They're in the mine.
They take care of this girl.
Enter seven more heroes taking care of the girl.
What happens is this vindictive queen finds out she's still alive, gives her a poisonous apple to eat.
She ends up dying.
Enter the third hero, the fucking prince that shows up.
He's like, who's this beautiful dead girl?
I feel so bad for her.
Let me see if I can use my princely charm and revive this dead chick.
Okay?
So he shows up, saves her freaking life, aka a stalker.
Okay.
Long story short, she comes back to life.
Insert, she becomes the queen.
Happy ending.
All good.
So I ask you this.
Who's the bad guy in the story?
The bitch, the girl.
The fucking queen.
Okay.
Who are the good guys in the story?
The huntsman that spared her life, the seven dwarves that took this homeless chick in and let her live with them.
And the freaking prince that literally saved her life and made her a queen.
So what's the biggest theme here?
Is that there's this femme-centric, anti-men mantra going on here.
But at the end of the day, here's what's going to happen to this young lady.
She's either going to come to the realization that she's actually going to want to fall in love with a real man, much less a fucking prince if she can find one, like Prince Harry and Megan Markle, who's complaining about being a princess.
That's a whole nother conversation.
Or she can go down the Chelsea handler.
I'm a feminist boss, babe.
I don't need no man mentality.
So the choice is yours, young, beautiful girl, Rachel Zegler.
So the last thing I'll say to this is, okay, there's been backlash about black girls playing white roles.
You know, what there was a black girl that played Ariel, the little mermaid, whatever, all good.
I think Peter Pan, they're coming out in the movie.
Tinkerbell is going to be a black girl.
I don't really care.
I mean, it'd be weird if a white dude played Black Panther, whatever.
But what I have a problem with is like Bradley Cooper playing Martin Luther King.
Exactly.
So, okay, it's a little weird.
I don't really care.
What I don't like is the historical inaccuracies.
Okay.
So now a white girl is going to play Pocahontas.
That just didn't happen.
She was a Native American.
By the way, where did Sleeping Beauty actually take place?
It took place in Germany in the 1800s.
How many black chicks are running around there?
Okay.
So just like Pinocchio happened in Italy, Cinderella, Beauty and the Beast, Sleeping Beauty, all happened in France.
Sorry, Snow White was in Germany.
So it's just historically inaccurate.
So if you want to whitewash history and do all that, that's fine.
But let me give the bigger picture here.
What I do think is a great part of what Snow White is about is actually there's a bigger thing here is that the world is a is a wild, crazy place.
There's good and there's evil.
You've got the wicked queen.
Poisoning poisoning.
Okay.
You've got the good man that's coming to save you.
There's a story about death being a part of life.
She died.
She came back to life.
She was revolved.
Shout out to my boy Jesus.
So is marriage.
So is love.
So is vanity looking in a mirror.
So is beauty.
So is jealousy.
So is vindictiveness.
There's a lot of things here that you don't really recognize as a kid and you recognize as an adult.
But at the end, there was a happy ending.
What we say around here is the future looks bright.
So shout out to Snow White and what she's doing.
So in other words, today's show is sponsored by Snow White and the missing dwarf that's coming out here soon in the next six months.
Thank you for Disney for this sponsorship.
Go ahead.
So Adam, like Rachel's, Rachel Ziegler is her name?
She's the type of chick that if God forbid she like OD'd or something and died and the EMT showed up and gave her mouth to mouth and she woke up, she'd be like, that piece of shit was trying to rape me.
It's like, no, bitch, I gave you my life.
Yeah, so she's that type of girl.
But this is, I mean, by the way, you did your Snow White research.
I don't give a shit what anybody says.
I did.
You were up last night.
First time in 30 years.
Yours.
Years.
Yours.
Years.
But yeah, it's just, I'm really upset that it's that the biggest theme here is that it's anti-men.
She called him a stalker.
He literally saved her life while she was dead.
The seven dwarves took her, this homeless chicken.
The huntsman Sarah spared his life.
But she, because of the environment she's been raised in, all she could see is that men are the stalker.
Men are toxic.
Men are weird.
They were the heroes in the story.
The queen was the villain.
So recognize that, Rachel.
But Pat, how many, like, Disney is just not learning their lesson, bro.
From the kids' stuff to that stuff to changing stories and stuff, Pat.
Like, are they, how are they doing, like, stock-wise?
Are they going down?
All this woke shit isn't working.
Go to one year.
Go to Snow.
Like, Adam, what'd you think?
No, Rob, go back to where you were at.
Just go to one year.
Disney was the first stock guy ever running.
They're not doing great.
Oh, it's taking you there when you do that.
Okay, got it.
Well, Pat, I'll tell you what.
I'll tell you what it is right now.
Like, aren't they going to learn their lesson?
It's down.
It went down from 120.
Maybe go five years.
Let's see what it's like at five years.
Five years down.
Five years?
Yeah, five years.
Yeah.
That's down.
Listen, shit, it's the lowest it's been in five years.
That's the right of a lifetime.
So, Pat, when are you going to learn your lesson?
Learn your lesson.
Well, listen, Bob Shapek, to be fair, was not a good CEO.
Okay.
He was a hardcore woke CEO that Disney had, that they were co-CEOs together.
I think Bob is the right guy that can help this thing.
I really think he has the ability to reason.
If he's able to convince Jobs to sell, convince Lucas to sell.
Do you know what brands this guy bought?
What Bob Iger's done in his resume?
There's not many people.
Maybe no one's ever done this before.
This guy is maybe the biggest power broker of the last 30 years.
I mean, this guy's not a joke on what he's done in media.
He's one of the biggest power brokers in the world.
I am optimistic that unless if they got some stuff on him, that they're controlling him.
I'm optimistic that behind closed doors, he's going to say, listen, guys, this is too much.
We got to cut the scrap.
This is too much.
And his ESPN division just very smartly got into OBS trying to save the division.
On celebrity here, celebrities don't understand, like this young actress, that fame may give you a platform, but it doesn't give you credibility or make you smart.
And often when you open your mouth, you show that you are not credible and not smart.
And you can go through life as a celebrity saying anything you want about the conservative side of the street.
You know what I mean, PBD?
And there's no accountability for it.
No accountability for it.
So you get accustomed to popping your mouth off and there's no accountability.
And all of a sudden, you go off rails at the presser for your movie coming out that tens of millions, hundreds of millions of dollars have been spent on it.
And you're about to find that you have entered FAFO level 10.
And welcome.
Welcome.
To me, it's that simple.
You don't have any accountability for opening your mouth.
You pop off all the time.
And now you do hear Wemo.
And you find out fame give you a platform, but didn't make you smart, sweet.
Did you see Rob, I just sent you the photo?
This is seven.
It's Snow White.
Did you see what the seven dwarfs look like?
Pat, Rob, I just got.
Seven little.
Look at them little.
But yeah, but look at them.
Those are the dwarfs.
Is it not?
For the new movie?
Is this the movie, Rob?
Because I know there was a big controversy about Disney's live.
Oh, this is a live action.
That's their live action.
Those are the dwarfs.
Wait a minute.
Is this Woodstock?
That guy looks 6'4 on the back.
I was about to say, the last guy's about 6'4-6'5.
That's the diverse Snow White remake latest film.
CEI that had to have one midget.
I'm not joking.
No, Rob, Rob, Google that.
That's the seven dwarfs live action.
That's them.
And there was a controversy.
I'm just happy they're all men.
No, there's a girl in the back.
There was a girl in the back.
Rob, that's that, Pat, that's the girl.
Disney's live action Snow White takes Woken to a real writing.
That's the live action.
Live action is those.
That's the dwarfs.
That guy's 6'2.
Well, look, I mean, here's what you have to realize.
I mean, when it comes down to parents have to want to take their kids to these movies, it's that simple.
Parents have to want to take their kids to the movies.
And if they do, you prove your point.
Okay, it's working.
But guess what?
The last five movies of yours have been absolute box office flops.
Not one movie, not two movies, not three movies.
Now, I'm doing Polono LeBron here.
Not four movies.
Not one.
Five or two.
Movies have been flops.
Bro, five movies have been flops.
And you're Disney.
And that's supposed to happen to you, right?
Five movies being flops.
Anyways, let's hit a couple other stories here before we wrap up.
One of the stories I do want to touch on is, do we want to go with this one?
Let me see which one I want to go to.
We got a couple of good ones, you guys.
Let's pick one of them.
Do you want to do the market in Topanga?
Do you want to do Anheuser-Busch conversation we had with them?
Or do you want to do Stay Home Dads, ESG, or what the CIA oversees China, what they said about America?
And then we'll wrap it up with Armenian Genocide.
Which one do you want to go with now?
Pick one of them.
Tom, you pick it.
I think it's important to get to Armenia.
That's an important message.
Okay, but we'll do that last.
How about Hawaii, Pat?
Okay, let's talk Hawaii.
Why don't we go to Hawaii?
Let's talk about Hawaii.
Okay, so why don't you lead the way with Hawaii?
I'll lead the way with Hawaii.
And me and Rob were talking about this beforehand.
I mean, you know, you know, God.
Absolute tragic event.
What happened?
Tragic event.
I literally prayed last night for them.
100.
I think the death toll pat hit 100.
1,000 people that they don't know where they are.
111 people now.
111 people dead.
I think there were 100 missing, but they don't know where 1,000 other people are.
You know, our hearts go out to them.
$5.5 billion in damage.
An entire neighborhood full of children that died.
And here's the thing: going back to Biden, Pat, they asked him the day that it happened.
They're like, hey, president, the president of the United States, what do you have to say about these people in the tragedy?
No, while he's at the beach on vacation, no comment, jumps in the car.
And then when he comes back, Pat, he avoids, you know, that path that they take that Trump takes to get right to the media, talk to them.
He avoids them and walks all the way into the grass.
And the day, tell me, this isn't a spit in the face.
The day it happens, his administration is asking Congress for $24 more billion dollars to give to Ukraine.
That's not a joke, okay?
They're not getting the help that they want.
Are you serious?
I swear to God, Pat, they were asking for money.
It could be 12 or 24.
Doesn't matter.
The word B is involved.
And here's the thing, Pat.
I'm not going to conspiracy theory.
Well, first of all, they're not getting the help that they want.
Biden's going to give them 700.
These people lost houses, $700 per household to do what?
What are you going to do with that?
And get away from mainstream media.
I've been watching on TikTok and Instagram.
The people that live in Maui, Pat, that live in Hawaii are so furious at the response, the no help, blocking police from helping them.
And you know, I thought about Pat, they're not getting the help that they want.
Why doesn't the mayor or whoever just self-identify, change the name to Hawaii to Ukraine?
Billions of dollars will start coming in overnight.
And I don't know, like, listen, the emergency alarm system, the sirens, didn't work, Pat.
That's by the way, Maui has the largest emergency alert siren system in the world.
It didn't activate.
Rob, what else happened with the water?
The water system failed?
There's reports that they had what's called dry hydrants where the fire hydrants ran out of water or didn't have any water access to water.
And Rob, is it just, I might be losing my mind, guys.
Isn't Hawaii surrounded by freaking water and you couldn't get water on to the fires?
And this is disgusting for all these demons that are out there.
Pat, the day after everything is done, the smoke is starting, the fires are done, the smoke is settling.
Real estate agents and people were calling homeowners asking to buy their land, which just adds to the conspiracy theories of all these people.
Oprah recently bought, I think in March, another thousand acres in Maui.
You know whose houses didn't burn at all, Pat?
At all?
That have mega men.
This is random.
I think God really protects these people.
Oprah, Jeff Bezos, Lady Gaga, Bill Gates, Morgan Freeman, Will Smith, Julia Rogberts, zero damage to their houses.
And listen, again, conspiracies aside, I saw the damage on the ground.
It didn't look like fires, bro.
These cars, there was no glass.
The glass melted.
And Rob, what is glass melts at like what, 2,700 degrees?
It looked like a nuke went off.
Pat, I've been in fires.
We're from LA.
I've seen really, really, really bad fires.
I've never seen vehicles look like how they did.
And dogs dead in the street that looked like they were fake, like they were from the movie.
That was weird seeing that.
The response is horrible, Pat.
The response is horrible.
And this is the 50th United States.
That should be the help.
Ukraine.
Timeout for Ukraine.
Go save this place.
It's unbelievable.
And the alarm didn't go off in the city, by the way.
And if you have an alarm that goes off, it didn't go off.
They asked Tulsi Gabbard, why didn't it go off?
They're like, I've heard a lot of different explanations, but I don't understand why it didn't go off.
How does that fail?
Let me, I guess, give my two cents here.
Well, the number one story on the Wall Street Journal right now is basically this story right here.
Hawaiian Electric knew of wildfire threat, but waited years to act.
So, four years ago, the utility company said it needed to do more to prevent power lines from emitting sparks, and it made basically very little progress.
It didn't do anything.
Instead, they were focusing on wait for it, a shift to clean energy.
So, in 2019, which is, I guess there is wildfire season here.
2019 was the worst wildfire that I'd ever seen until now.
So, I trust the Wall Street Journal.
We could look for yourself what's going on here.
I'm not, I'm not, you know, ultimately, it's a freaking tragedy, and it's horrible.
A lot of people lost their lives.
I'm not, you know, on the conspiracy theorist side of things.
At the same time, we have every right to ask questions 100%.
You know, I'm for most people that go into conspiracy theories.
I either think that you fall into one of three camps.
Either you're intellectually lazy and you don't actually do the work and just spout opinions, or you have an agenda and you're sticking to it and you're not willing to learn other ideas or facts, or it's a combination of both.
So, if you're one of the people that actually think that there was larger forces at play, that's cool.
All good.
Go read this article from the Wall Street Journal because there was, it just seems like government incompetence, laziness, not doing things in a reasonable manner of time, and then sprinkle in whatever sort of fraud that you want to throw in there.
But this seems to be the number one story in the Wall Street Journal right now, and they're basically blaming it on Hawaii Electric.
Tom, do you have any thoughts on this?
PGE did the same thing in California.
There are those old power lines up there in the open forest areas and the grassland areas in Northern California.
There's the fire up there known as the Telegraph Fire, which killed a bunch of people in a small town because a wildfire pushed by winds came up there and found out that it was sparking off of PGE.
It wasn't a cigarette out of a car.
It wasn't camps.
It wasn't arson.
It was freaking arced off electricity.
And so this is, you know, these big power companies that are, you know, working with the states and they have lobbyists to help write the regulations.
A lot of the stuff should have been retrofitted and it wasn't.
And now we've got California and Hawaii.
See here?
Yeah.
This was the largest fire wildfire in the United States of 2021, suppressed by the bootleg fire in Oregon.
Look at this.
And this was.
And it's not a shock that this happens in the dead middle of summer where it's hot as shit out.
We've seen world records in every state.
It's hot.
It's summer.
These things.
It's just an tragedy.
Yeah, but you know what, though?
These are Americans.
These are Americans.
How do you feel?
How do you think they feel when they find out the day after this shit happens, we're trying to prove more billions to go to a different country to fight a war that nobody gives a shit about?
I think that's conflating two stories, brother, to be honest with you.
No, I'm not complaining because the response.
The Ukraine thing is an ongoing story.
Yeah, when Biden's sending $700 per victim to the Maui fire victim, then we offer $24 billion to that thing.
That's a whole thing.
That's completely independent stories.
No, what's going to happen?
How shitty is that timing?
No, I think it's about our national priorities.
Maybe let me explain the example in a different way to kind of make sense to this.
Say you have kids.
Let's say you marry a girl that's got a kid.
Not happening, but go ahead.
But let's say you marry a kid.
Let me use the example with you.
Let's say you marry a girl with a kid.
Yeah.
Vinny'll do it.
She's got a three-year-old kid.
Okay.
And you and her end up having a kid together.
Okay.
Later on, 25, they're 18 years old, 16 years old.
For the stepkid, you pay 100% of college tuition.
You buy him a house.
You buy him a car.
You do all that stuff.
For your daughter, that's your daughter.
This is your kid.
You do nothing for her.
No collar.
She's got to go figure it out herself.
She's a big girl.
She's got to do it all herself.
That daughter is going to sit there and say, why are you doing more for your stepkid than me?
I'm your blood.
Why are you not doing it?
Now, we can use this example and say, you did it for your neighbor's kid because this is not even your stepkid.
A stepkid maybe a state that's, you know, that we're helping out.
That's maybe not like our own.
Like we're helping out some community around us because it's a partner that we have in place.
Now you're doing more for a neighbor's kid than you're doing for your own kid.
So Biden's doing more for neighbor's kid, Ukraine, than he's doing for U.S. Having said that, I believe it's a week, two weeks, three weeks away from them announcing that they're sending money over.
This is not going to last a long time.
The problem with that is the following.
The swift reaction is where you lose people.
Swift reaction to say, here's the camera.
This is how many people that died.
The biggest natural disaster in the history of Hawaii.
And guess what happens on Hawaii a lot?
Weather, storm, hurricane, earthquake on the outside.
You know, things are coming in.
There's some, what do you call it?
Volcanoes?
Bunch of different things cry.
I've walked on the volcanoes with lava right in front of us.
It took us six hours to get to the lava.
There's a lot of crisis that can happen in that place.
This is the biggest one ever in the number one honeymoon destination of Americans.
They go to Hawaii.
That is the place.
That street in Maui, we all have, I bought paintings on that street.
I've gone to numbers of restaurants on that street.
I've watched the Super Bowl on that street when the Bears, I don't know who it was years ago, when the Bears had a decent team and they were playing 2005, 2004, whatever it was, man.
I don't know who it was years ago.
We have memories, friendships, drinks, conversations.
Boom, gone.
People that grew up, they're some of the nicest people in the world you'll meet when you go to Hawaii.
These are people that enjoy life, nature, relaxing, enjoying themselves.
There's a reason why all these big famous people want to buy a place in Hawaii because you go there, you feel like you're in heaven.
There's a certain unique feeling you get in Hawaii.
I can't describe it unless if you go there.
There's something very emotional about that place.
My dad and I had a very unique moment together when I took him there February of 2004 when he, I promised him, I said, you never have to work a day in your life at a 99 cent store.
I took him there after Hawaii.
He started dreaming again.
And my dad is now 81 years old.
He's living a complete different kind of a life today.
I never thought he was going to make it to 81.
But we always go back to that moment.
Everybody has a Hawaii story.
Most people have a Hawaii story.
So I don't like the fact that Biden's not reacting to this.
Now, in regards to what you're saying, which is a very good point, when you went on Twitter, that laser that everybody fell for, no, it's a laser.
It was an intentional laser that fired.
That was out of a movie, right?
Now, we have access to that technology.
If we wanted to do that technology, we do have, but that's from a movie.
And then another thing that they were showing was another clip of what happened, an explosion, a this, a that.
A bunch of these conspiracies went viral.
That's the negative part of social media, that these types of clips are going to scare people and react and all that stuff.
But you know what else is good about social media?
Very quickly, people are going to say, hey, take that down.
It's fake.
That's not real.
And you're going to get fact-checked very quickly in the comment section.
So then you either take it down, apologize, or you look like a fool if you leave it up there, or you just say, I screwed up.
I am a fool for leaving this up there.
Guess what?
I'm going to leave this up there because I don't want to take it down.
You guys are right.
I was wrong.
This is up there.
You'll comment below.
But three things.
Compassionate.
Hate to see something like this happening.
Number two, concerning with all the conspiracies that got all of us fired up thinking there's something going on here.
Extremely disturbed with the fact that the president not reacting quickly and swiftly to do something about it here.
Four, uh, logistics as operators.
What the hell is the city doing?
You've known this is a potential response.
And by the way, isn't the mayor from Vegas that the shooting happened?
What's the story with this?
So, which is, and again, adding fuel to the fire of these conspiracy theories, the chief of police that's in charge of all this is the same chief of police that was in Vegas for the Mandalay.
That shooting, the Mandalay shooting.
That's what's his name?
Chief John Pelletier led the response to 2017 Vegas Massacre.
He's the same chief that was there that's here now.
Yeah, why would you?
He left the Vegas job.
He got hired and how random is that?
Oh, by the way, I mean, that's that.
He's got to have one of the worst resumes in the history of America for a chief of police.
So, great power becomes great responsibility.
So, this guy, and it's when you're the chief of police, some shit's going to happen.
They're going to follow you to see what happens.
And, Pat, it's the inconsiderate.
And I was watching, like I said, a bunch of videos, Adam, of people that were there crying emotionally.
One lady hit me really hard.
She's like, We have people dead all around here.
And goes, There's still American, like people from America, like here vacationing, showing up after this fire, and they're right there swimming and having a great time.
And meanwhile, we're looking for dead, dead family.
It's just sad, it's just horrible.
The images are horrible.
I think, Pat, I fully appreciate the point that you're making about the kid and the stepkid.
I actually think that's a great metaphor.
It made me be like, All right, cool, Ukraine, that's the stepkid.
You know, I would, I would also, I'm thinking, well, we Biden and Trump took care of our kids during COVID, stimulus checks, the CARES Act, how many trillions of dollars did we give to ourselves?
Uh, I also agree with you that we're this just happened.
This is not even a week old.
FEMA's going to respond, the federal government's going to respond, they're going to help out.
You got to be swift, though, bro.
Like, for example, listen, you know, you call me, okay?
Like, think about this.
You call me.
You say, Hey, Pat, what's that?
I'm being jumped in Miami by five guys here, bro.
They all look like Vinny.
I'm being jumped.
And stay serious.
I'm in Miami.
I'm being jumped by five guys.
What are you saying?
Dude, I need help.
I don't know what's going on.
I'm hiding in this one spot.
I can't get a hold of anybody.
It's two o'clock in the morning.
Okay.
Hey, Mario, wake Vinny up.
Let's go.
Boom.
We roll.
We're coming down.
Yep.
Now, watch this.
You call me.
Hey, Pat, we're Miami getting jumped.
Okay, cool.
Two weeks later, I'm in Miami.
Yeah.
So I kept my commitment.
I came to Miami.
Yeah, I see what you got.
But I came two weeks ago, bro.
I need you in Miami now, dog.
I don't need you in Miami in two weeks.
Come to Miami now.
There's a big difference.
So there's the swift reaction is the job of a leader.
The swift reaction is a job of a leader.
Move now.
This is crisis level number 10.
Let's roll.
You can't sit there and balk.
You're the commander in chief.
If you reacted like this in war, thousands of soldiers would be dead because we're moving so slowly.
So it's deeply concerning.
Anyways, we got time to go through a couple other stories.
My next meeting's at 11:30, so we can go 20 more minutes.
By the way, I so look forward to the day that we can do podcasts three, five days a week.
I can't wait for the day that we can just roll, you know, doing this kind of stuff because we're always behind on stories.
Let's talk about what progress we've been making.
Folks, one thing I want you to be thinking about: why I'm convinced the future looks bright.
Let me tell you why I'm convinced the future looks bright.
So I'm on, Joe and I are talking about ESG.
Okay.
Out of the podcast that we do, they choose to put the clip of GSP ESG on their JRE short clips.
Okay.
And boom.
Next thing you know, that's posted all over the place.
Yesterday, a clip went viral on like 500 Instagram accounts.
Hey, Larry Fink is the president, not Joe Biden.
I don't know if you saw that.
It's everywhere.
It's going clipped up and it's being taken off.
Okay.
Then, hey, this other clip on Twitter, then on Facebook, all these stories about, well, I didn't know about the fact that all this institutional money with 88%, and then people started texting me.
And they're like, well, you know, the story you're saying, there's no way that's true.
And then I posted, if you go on Instagram real quick, Rob, I posted and I gave people the link on Instagram to go verify everything I said.
I said, I want you to go verify me and the people that were bitching at me were liberal.
So the link I get, keep going down, the link I gave to them was a link from CNN.
Keep going down, keep going down.
It's just words.
You'll see CNN all the way at the top.
Keep going down.
You'll find it.
So I posted this out right there.
If you can click on that.
So this is from CNN talking about BlackRock and $15 trillion fund industry should be broken up.
Anti-monopoly group says combined.
BlackRock, State Street, and Vanguard are the owners.
88% of SP, largest owners of 88.
This is CNN.
88% of SP 500 companies, according to a paper.
The big three are responsible for between 73 to 80% of global ETF market and 45 out of 50 largest funds.
According, it continues.
You can read the entire article.
And at the bottom, BlackRock manages more than $87 billion worth of shares in fossil fuel companies.
And as opposed to staying about 80%, which he's talking about, you know, nuclear, all this other stuff that it's going to.
You can go read this article from CNN for yourself.
Moral of the story.
When we started talking about it, everybody started talking about it and everybody started researching.
This is why I believe the future looks bright because one can watch this.
However many people are going to watch today's podcast, then they're going to say, let me go research this.
Let me go look at this.
Let me go look at this.
Who's this Larry Fink guy?
By the way, I'd love to talk to Larry Fink.
If he's open to the, I'd love to have a fair interview with you.
And, you know, we can cover different discs.
I'd love to fly out, have a conversation.
I'd love to do that with you.
So, what about this?
And what about that?
And what about this?
My God, the more I'm researching this, why are they doing this?
Why are they doing that?
Within two weeks, what happens?
McDonald's removes all ESG words out of their website.
Weird.
Immediately, they remove all ESG words off their website.
And then outside of McDonald's, other companies start doing it one by one by one by one by one.
They drop the acronym.
So phase number one is what?
The acronym is now a curse word.
So first, they're just removing references of ESG.
And you can read this article on vitamin.com, written by Connor Walcott.
You can go find this article, Rob.
So they first remove the ESG names, but not the principles.
So the principles are still there, right?
The principles are still there.
Then SP drops ESG scale from its debt ratings, a sigh of relief for capitalism.
This is when it becomes big, when SP is now reacting to it.
So let's read this article together.
SP drops ESG from its debt ratings, a sigh of relief for capitalism.
SP and Global Major Corporate Debt Rater eliminated corporate, environmental, social, and governance scores from its debt ratings, responding to criticism and concerns over political bias linked to ESG practices.
That means, guys, folks, we're making progress.
The people are being heard.
You matter.
When people say my vote doesn't matter, this is validating that your voice matters.
The great equalizer today is called social media.
They should have never invented this because yesterday I'm telling Russell Brand.
I said, Russell, you know why I believe the future looks bright?
He says, why?
I said, let me get this straight.
I said, you know who you are on my ass?
He says, who?
Oh, not the shirt, you know, or inside of you.
Inside.
Right.
I'm saying he starts cracking up.
I said, you were an A-lister.
You were an A-lister actor dating some of the hottest girls in Hollywood with your accent.
You entertained the world forgetting Sarah Marshall.
What the hell are you doing talking about?
You don't even like capitalists.
We're not on the same page with capitalism.
Why are you talking?
You've ruined your Hollywood career as an A-lister to be picked up.
Do you think Russell Brand's ever going to be in Snow White?
Never.
You think he's going to be in these movies that's coming up?
I said, so let me get this straight.
You're a Hollywood guy, an A-lister.
I'm an insurance financial guy.
What the hell are we doing starting media companies and podcasts?
That's a sign that future looks bright.
Beautiful.
Different industries.
So let me continue reading this to you and i'll come to you guys.
So s p ESG ratings, introduced in 2021 on a one to five scale, presumed companies to align with specific non-financial factors again, align with specific non-non-financial factors, often leading to a loss of consumer connection and financial burdens for compliance.
Esg's influence, emphasizing factors beyond financial considerations, led corporations to prioritize aspects like diversity, equity, and environmental friendliness.
This shift is criticized for diverting focus from consumers and traditional capitalism, ultimately influencing business to appease ESG rating firms.
And guess what?
S ⁇ P is now saying, guys, we're stepping away from it.
This is a black eye for the DEI community, for Soros community, for State Street, Vanguard, BlackRock, all of those guys.
And Soros, apparently, word came out yesterday, Rob, about the fact that they're leaving what? EU and they're closing a bunch of their offices in EU because the sun is not taking over Alex.
So the people have spoken and more people are saying, you guys are full of shit.
We don't like this ESG stuff.
Leave it alone.
Stay focused on the business principles.
Instead of forcing an Anheuser-Busch to send beer to somebody called Dylan Mulvaney, who's not going to drink the butt light beer, you just kind of want to be woke and you lost billions of dollars.
So thoughts here for you.
I love it.
And that bleeds into another story that I looked over right there.
Target reported its first sales drop in six years after the Pride Month disaster.
It's like, and Pat, I'm not going to lie, I fell victim to what you were saying where I'm like, the vote doesn't count.
Nobody can hear us.
I felt like claustrophobic, but these are beautiful moments and you are right about the future that without being loud and whatever, just us alone, just by our actions, like things do change.
And like Target, you think Target's not going to change their woke ideology after this month?
They're done.
They're going to shift gears.
Well, there's multi-phases to this, and we need to keep our foot on the pedal, America.
This is just taking the phrase ESG off the websites and backing off from it.
There are still things that are underneath, below the surface, and make sure your voice stays heard.
As McDonald says, well, we'll probably still leave some of the principles intact and talk about a broader shift in our corporate messaging and cultural and political debates.
No, ESG.
I was reading an article that Americans were confusing ESG with equal opportunity.
It's not.
Equal opportunity is necessary.
So every person, no matter where you come from, has an opportunity for a job.
That is fabric of America, and that needs to be intact.
But when you turn it into, you know, ESG and you start putting all these non-financial measures, and I'm going to arbitrarily measure you on a one-to-five scale, I am so glad that S ⁇ P starts it in 21.
It's not even the end of 23 now, and they killed this thing in its crib.
I'm glad because this is not what people want in terms of the expression of wokeism.
And more importantly, all Americans want equal opportunity for people, but this wokeism and everything that goes with it is not what they wanted.
And keep your foot on the gas that this doesn't hide in the tall grass and keep being used even though they take ESG off the website.
You know what's the biggest thing the people of power fear?
The people, we talked about this with Rogan.
Informed populace.
Not just informed populists.
That's one.
You're right.
Let's add that to the list.
You know what they fear?
Men and women who have faith and hope in a brighter future.
They fear that.
They want you to be defeated.
Half the battle with boxing someone is what?
To look at the eye and say, that guy's already defeated.
It's game over.
One of the scariest things when you fight Buster Douglas and you look at him in the eyes and you say, I don't know why this guy's looking at me this way.
He looks like he's got faith.
That night, he fought for his mom that had just died less than 30 days prior to the fight.
Wow.
And he won the fight.
The scariest look in a man's eye is when he or she has a look of hope, faith, and fearlessness in a higher power that the future is going to be fine.
Folks, stay optimistic.
Stay faithful.
Stay hopeful.
The future looks bright.
It is the most scariest opponent for the government or the establishment or the people of power to have when we collectively believe our voice is being heard and our voice matters.
Don't go to your kids or your peers or your coworkers or say this nonsense about your vote and your voice doesn't matter.
I've said that before when I was coming up and I was a 22, 23 year old kid.
You know what that language is?
That's a language of a defeated person.
We are not defeated people.
We're leaders and we're finding each other.
The other day I'm in front of the algorithm headquarters.
A guy just drives up to us.
Mario thinks this guy's going to come out.
He's going to do something.
He runs up to the gate.
This happened yesterday.
And I'm like, okay, Mario's ready.
We're ready.
We don't know what's going to happen.
It just kind of was sudden that this happened.
And we're both looking at him to see how he's walking.
And all of a sudden, he comes closer, closer, closer, closer.
So this guy's a fan.
And he just says, listen, man, I just wanted to say, you know, it's great to see what you guys are doing.
You know, I work down the street.
I see the logo here all the time.
I've been watching it for this many years.
I just love that you're pushing the avalanche.
And I said, you want me to tell you why the future looks bright?
He says, why?
I said, because like-minded people are finding each other.
And that is scary.
Like in the movie, I am legend.
They all went and found each other in this place called Vermont.
And when they open the doors, there's a light and you hear the sound of church.
They don't want you to believe in God, faith, hope.
They don't want you to do that.
And it's happening.
That's freaking awesome.
I love it.
That's freaking awesome.
Anyways, if you had final thoughts, I'm going to go to the last two stories before we wrap up.
Yeah, I mean, ultimately what this comes down to is the story of capitalism here in America, right?
I mean, that's essentially everything that we love and appreciate, the free markets, the free enterprise.
You talked about compassionate capitalism earlier today.
We talked about crony capitalism last night.
You know, then there's this woke capitalism that's sort of seeped into major companies and to corporations these days.
But as we've learned, go woke, go broke.
Certain companies can withstand going woke, like we saw with Nike and Colin Kaepernick.
Certain companies certainly cannot, right?
So Bud Light, no bueno with Dylan Mulvaney, okay?
Target with your man tuck, weird Satan, whatever it's Satan stuff, okay?
Disney, we're seeing, you know, they're going too woke.
So I think you interviewed Noam Chomsky.
I think he wrote the book, what, profits over people.
And that was a knock on certain corporations and capitalism.
But there's the reverse side to it is that when you put wokeness over profits, there'll be hell to pay and people ain't having it anymore.
Bad policies are getting exposed.
Exactly.
That's the best thing.
Bad policies takes time to get exposed.
Common sense reveals itself.
And then people say, I can't believe I once believed in that thing.
You ever dated somebody?
And then a year later, you're like, what the hell was I doing dating this person?
All the time.
No, no, actually, for you, it's different.
You date them.
You're like, I don't really care.
I'm just having a good time.
But okay, let's go through this.
Two stories.
One, Rob, I'm going to combine two stories here together.
So play the clip, Rob, if you can find it from supermarket, not supermarket, Topanga Mall, where $300,000 of supplies was stolen from this place, which our office was at Warner Center Marriott across the street from Topanga Mall.
This is the mall I would go to.
My shopper who would pick out my clothes worked at Topanga Mall.
She would pick my clothes.
I would go there and I would buy the stuff.
This is the mall.
Play this clip.
Check this out.
Watch this.
$300,000.
California policies.
Let's go, Callie.
This is insane.
Yep.
Look at the guy over there.
Doesn't know what to do.
He's like, should I take the shirt or should I run?
Yeah.
Wow.
Look at that, the expensive bag that's wired.
That's got the anti-theft wiring to the shelves.
He's just going to take the shelves with him.
Okay, pause it.
Now, that's California, right?
Let me tell you how stupid these policies are.
Stay with me here, folks.
San Francisco's representative Kylie says crime is so out of control that you ready?
That employees are instructed not to drive to work.
Can you please pull this article up, Rob?
They're instructed not to drive to work.
What the hell do you mean they're instructed not to drive to work?
Well, because it's not safe for their employees.
Who the hell says stuff like this?
Are we living in a third world country?
Okay, let me let me continue reading this.
What page is this on for me to read?
Is it page 15?
Okay, here we go.
So Representative Kevin Kiley, okay, California, highlights San Francisco rampant crime due to failed policies, radical politics, and public corruption, revealing that federal building employees were told to stay home due to the conditions around the building, according to a Department of Health and Human Services memo.
Memo.
Major businesses, including Whole Foods, Nordstroms, T-Mobile, Sachs, and Anthropology, have left San Francisco due to rising crimes causing what Kelly describes as a total collapse in the city.
Homicides, robberies, vehicle thefts have surged, leading to a population drop of 70,000 people from 2019 to 2022.
The exodus from San Francisco has resulted in crime affecting affluent areas with rampant larcenies, drug crimes comparable to the 80s and a lack of police visibility.
Bad policies have consequences and our people are paying the price for it, Tom.
Rob, roll back to that article you were just looking at.
Just go back and roll up, I'm going to read one paragraph quick.
In the memo, health and human services advise workers to maximize the use of telework for the foreseeable future because of the conditions around 18-story building that houses various federal agencies, including Health Human Services and the Department of Labor and Transportation.
So the people that caused it are now trapped outside their castles.
The people that caused it are now like, hey, y'all, stay away from the castle here.
It ain't safe.
This blows me away.
This is not government coming in there and saying, hey, you got a really bad situation here.
We got to protect our people.
Get away from the embassy that's in this city because there's things going on here.
So stay away from the embassy.
This is not the government saying that.
This is the freaking government saying, we want our people to stay away from our buildings because after our policies created this mess, but they don't want to own it, take the accountability for fixing it.
Shocking to me.
Absolutely shocking.
Yeah, I read an article, Rob, where they, you have to look it up, Rob, it's all good.
They told Nancy Pelosi, like, don't come to this federal building because it's just basically getting overrun.
I saw the outside area, Tom.
It's just all junkies, crackheads.
Everybody's outside.
But then think about it, Tom.
She can't go home because when she is home or when she's not there, there's a butt-naked guy that's running in there and trying to have a coffee with her husband.
That's a normal Tuesday.
That's a Tuesday in the Pelosi house.
Because there's a musician in her driveway saying, it's hammer time.
I'll tell you what.
This is why I love Florida.
Okay.
Let me tell you something, buddy.
We've been talking about Snow White and all the Disney stuff.
And, you know, I'm going to use a little three bears analogy.
You go too far left, you end up in fucking San Francisco crime-ridden ridiculousness.
Go too far right.
You're out in West Virginia, super far right.
You know all that stuff in Florida.
Welcome to purple Florida.
We sometimes are a little more red these days, sometimes they'll get a little more blue.
All good yeah, but it's normal and it's free and there's not nonsense going on from super woke left or super alt right, and that's why I love Florida.
But can you imagine that?
This really fast.
But this, this is from that stupid defund, the police.
And then why would you as a, as a governor, say you know what, under a thousand dollars, nine hundred and eight ninety eight, we're not gonna even stop you.
And if you work in the business, you can't stop the person or you're gonna be the one that gets.
This is not gonna work long term, though good for them, it's not gonna work long term because bad policies have consequences.
That's it.
You have to have faith in that faith hope informed, all of those.
If we have faith, hope informed fearless, we are finding each other period.
Last story here.
To wrap up now, Armenia.
What's going on with them?
Mainstream media is not talking about this.
A lot Armenians face genocide in Azerbaijan.
Former International Criminal Court prosecutor warns.
This is AP NEWS a couple days ago, the former ICC chief prosecutor, Luis Moreno Akampo, warns of an impending genocide against ethnic Armenians in Azerbaijan, Nagorno-Karabakh region, urging the UN Security Council to intervene.
Akampo's report highlights Azerbaijan's blockade of the sole road connecting Armenia to Nagorno-Karabakh, severely impeding supplies for 120,000 residents.
These are 120,000 people and risking a humanitarian catastrophe.
The report notes that there's reasonable basis to believe that a genocide is being committed right now.
The situation emerged after Armenia-backed forces controlled Nagorno-Garabak until a 2020 war, with a Compo urging the Security Council, including Russia and the U.S, to act and prevent a worsening crisis.
And this continues with other stories that are asking for support, and you know Nicole Pashinian is talking about issues at Stark warning, asserting that if Azerbaijan obstructs humanitarian aid via the Lechen corridor, it will prove that its real goal is to starve the people of Nagorno-Karabakh and to subject them to genocide.
Pashinian reveals that humanitarian relief has reached Koronzor, the gateway to Lachin corridor, but Azerbaijan is hindering its passage, amplifying an Eight-month-long humanitarian crisis.
He condemns obstruction and incomprehensible and unacceptable.
Pashinian challenges Azerbaijan stated pretext for blocking the corridor, saying what does Azerbaijan not allow this cargo to enter Nagorno-Karabakh?
Is it not because the real goal of Azerbaijan is to start the people in Nagorno-Karabakh, to subject them to genocide.
So when you hear a story like this, there's there's a couple different things, Ukraine and Russia okay.
That's a example of what Russia and Ukraine they have the conflict with each other.
Armenia, you have Azerbaijan okay, and then you have this area Nagorno-Garabak, that used to be theirs, that is now ours, and now they're kind Of sharing it together.
It's kind of like East Ukraine and, you know, West Ukraine, it's like this Ukraine.
They all speak Russian.
This Ukraine is different.
So I understand on the East Ukraine side, it's more like this, but West Ukraine is there's an element of that going on here.
But what you don't hear about with this proxy war that's going on between Ukraine and Russia, you don't hear about Russians preventing Ukrainian people from eating food or vice versa.
That's not happening there.
They just have a war that's going on between the two of them.
Okay.
What is happening here with Armenia and Azerbaijan?
It's a long-standing genocide that happened many, many years, over a century ago, April 24th, 1915, over a century ago.
A million and a half to 2.2 million Armenians, Assyrians, and Greeks.
You and I are Assyrian.
I'm Armenian, and Greeks are part of this.
That now, some, I don't know what the number is, 60-plus countries have said, no, this is an event that took place.
There's a great movie that was done by Kirk Kikorian where Christian Bill is in the movie highlighting what the motive was behind the insurance policies.
Now, if you've never seen it, you got to go watch this movie.
I think it's called The Promise, Rob, if you can pull up the movie.
But it's tragic what's going on there.
I know in LA, Adam Schiff, believe it or not, is going out there, writing a letter, I believe, to Biden saying, we got to do something about this.
And Adam Schiff is a guy from the left that's sitting out there saying, we got to do something about this.
It's catastrophic.
It's heartbreaking that this is happening.
But at the same time, I hope mainstream media starts talking about this so it gets the attention of people because there's different kinds of support.
There's the support you give to Ukraine because you want Putin to fall, because you don't like Putin, right?
That's kind of like you're getting involved in elections, kind of like this gentleman from China that said about what they're doing in the U.S. to hurt kind of the candidates.
It's a speech that we haven't played yet.
And then there's difference between that versus supporting what's going on in Hawaii or actually helping people that are in major need because a genocide is taking place, but you don't want to get involved because Azerbaijan is linked to Turkey and Turkey's Erdogan.
And they now have one of the best militaries in Turkey.
And he just recently won an election, which was very weird because a lot of Turkey.
Built by us.
Yeah, built by us.
So deeply concerning.
It's something that, you know, when I sat down with Tate and then Tate and Tucker had a conversation with Azerbaijan and the comments that was made about Azerbaijan, we don't know all the stories about everybody.
I'm about to have a debate here with two folks that are pro-Muslim and two folks that were not.
And they've all agreed to come and do this.
I can't wait for this podcast.
It's going to be in the next month or two.
It's going to be great.
I've been having a lot of conversations with Muslims because I think this is a conversation that I want to have.
The folks, especially the leaders at the top of Azerbaijan and Turkey, what they're doing with Armenians is a travesty.
And I think when something like this happens where people are standing in line for hours to get bread, some areas don't have water, food, medicine, kids are sick.
They don't have access to the basic stuff that you need on a daily basis.
It's catastrophic.
So our prayers go out to the folks there.
And we hope more people talk about this to bring attention to what's really going on over there.
Having said that, today's what?
Today's Tuesday or Thursday?
Thursday is Thursday.
Thursday.
Rob, do we have podcasts?
When's the next podcast?
We have a podcast Tuesday, Tuesday, Thursday afternoon, and Friday of next week.
Tuesday, Thursday afternoon, and Friday of next week.
So we're doing three next week.
Three next week.
Are your dreams coming true?
You talked about it.
You put it out there.
Gang.
If you're watching this, we're about to announce our next town hall.
Okay.
We're about to announce our next town hall and our next live podcast.
The one I'm trying to put together is going to be freaking epic.
And those tickets are going to sell out.
And all you guys that messaged me afterwards pissed off saying, I wish I would have bought a ticket, if you don't want to be part of that camp, text the word podcast to 310-340-1132.
Again, text the word podcast to 310-340-1132 because you're always the first to get the link to the next guest at our live event.
So if you're not on that text distribution list, you are not going to get it.
Having said that, have a great weekend, everybody.
We'll do this again next week.
Take care.
Bye-bye.
Bye-bye.
Patrick Bay David here from The Kimmy and PBD Podcast.
Look, once a year, we host a conference called the Vault Conference.
It's our Super Bowl where 3,000 entrepreneurs, CEOs, executives, salespeople from around the world come together to spend three and a half days together from August 30th to September 2nd at the Diplomat Resort in Miami to learn how to scale their business, how to identify their next 5, 10, 15 moves, who to recruit next, who to go raise their money from, how to raise capital, how to properly scale, culture, retention, hire, fire, all of those things and much more.
And we do that over a span of three and a half days.
And the reason why it's a very important season to attend a conference like this, the following reason.
Today, there's three different types of people.
There's scared, there are those that are content, and the obsessed.
The scared, they don't want to do anything because they're worried about what's going to happen in the economy.
They're going to take a big hit.
The content, they're walking around saying, life is pretty okay.
I don't need to do anything else.
And then there's the obsessed because they see a massive opportunity today.
So imagine spending three and a half days with 3,000 obsessed people that want to grow in a season like this.
Imagine how much you can learn from just those relationships and networks.
So on top of the people that are going to be attending at this event, there's probably the best lineup we'll ever have at a Vault conference.
Tom Brady, seven-time champion.
I'll be interviewing him.
He'll be at the Vault Conference.
Mike Tyson, Will Guidera, the gentleman who ran the restaurant 11 Madison, New York, that went from a regular restaurant to a one Michelin star, two Michelin star, three Michelin star, and eventually the number one restaurant in the world.
He's going to talk about how they treat their customers.
So look, if you've not registered yet, this is my recommendation to you.
I never went to conferences when I was coming out by myself.
I always went with a spouse, with a business partner, or running mate because I only have a lens on what I see.
Every night afterwards, we would sit there and say, what was your biggest takeaway?
