Pfizer Sued, Newsom Bans Smartphones, Death of Cable & Boeing Senate Hearing | PBD Podcast | Ep 427

Patrick Bet-David, Vincent Oshana, Tom Ellsworth, and Adam Sosnick cover the biggest stories in business, politics, current events, and more!

00:00 – Show intro
04:39 – PBD announces the new VT 4th of July Merch – https://bit.ly/3z6VaLM
07:24 – Kansas sues Pfizer over ‘misrepresentations’ and ‘adverse events’ of COVID-19 vaccine.
28:31 – Kevin O’Leary explains why restaurants are shuttering across America — and why more will follow.
42:21 – More retirees consider returning to work as high inflation squeezes
53:52 – The importance of fathers in their children’s lives.
1:02:01 – Gavin Newsom wants to take smartphones out of schools.
1:10:26 – Luxury real estate world rocked by rape allegations against star broker.
1:28:53 – Money can’t buy happiness—it’s actually the other way around: Happy people ‘are more successful in life,’ expert says
1:40:05 – Pay TV is in so much trouble that even its one bright spot is dimming.
1:48:45 – Boeing CEO apologizes to families of crash victims at Senate hearing.
2:02:38 – MSNBC analyst suggests black voters shifting to Trump because of ‘Disinformation.’
2:14:29 – Trump encourages voters to write ‘no tax on tips’ on restaurant receipts.

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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.

[Applause] [Music] me why would you bet on Goliath when we got bet David valueing giv values contagious this world entrepreneurs we no value to haters run homie look what I become I’m the one Rob what episode this is 427 this is 427 you just heard Rob say it episode 427 s Cobra uh by the way I saw a video that you guys got to see and and Rob I’m going to text you this story it’s NBC saying the fact that uh uh YouTube has now become a right-wing Christian commentary Channel have you seen this article I’ll send it to you guys we’ll comment on that uh but a lot of weird things going on Steven Baldwin said something that has to do with November and he got biblical you guys got to see this video this is the brother of uh the the what do you call it the Alec Baldwin pistol Alec Baldwin how Alec Baldwin uh MSNBC analyst suggest black voters shifting to Trump because of disinformation okay so that’s another story we got to cover Bannon uh uh predicts Trump will be sentenced to years in prison and at the same time mediaite story comes out saying not at all what Bannon was hoping for ex Trump advisor were reportedly serve prison sentence alongsid uh violent criminals and may end up at Rikers which is ridiculous but anyways we’ll talk about that Netanyahu slams Joe Biden for withholding large bombs from Israel you’ll see the video he was pretty passionate average American if you’re watching this do you agree with this analysis average American feels at least 10 years older than they actually are and all blame the same day to day annoyance we’ll talk about that Kansas the State Kansas Su fizer over misrepresentations and Adverse Events of covid-19 vaccine wa do see what the lawyer has to say about this I mean it’s a very interesting angle they’re taking we’ll talk about that here in a moment Gavin Nome he wants to win you over folks this is actually pretty good policy you ready for this Gavin Nome wants to take smartphones out of schools yes Gavin Nome from California wants to take smartphones out of schools JLo article came out Wall Street Journal this was supposed to be JLo’s year what happened Nvidia is officially the world’s most valuable company passing Microsoft luxury real estate World Rock by rape allegations we didn’t cover it last time we’re going to get into it right right off the bat money can’t buy happiness says CNBC it’s actually the other way around happy people are more successful in life experts say Kevin o explains why restaurants are shuttering Across America and why more will follow more retirees consider returning to work as high inflation squeezes boing CEO apologizes in his own way after revealing how much money he made maybe he didn’t want to reveal it maybe somebody else got him to reveal his income but he apologized a families of Crash victims uh at Senate hearing payv is in so much trouble that even it’s one bright spot is dimming there’s a bunch of Newsmax lost $42 million do they need to go IPO we’ll talk about the streaming top and broadcast cable viewership uh by double digits um in May we’ll talk about that fouchi on a a legacy tour I don’t understand why they’re not grateful for such a fantastic job we did terribly frustrating Americans don’t appreciate how I manage covid-19 says uh uh Mr Mr fouchy and uh anyway so that’s that part New York Times bestseller list Tom’s got some thoughts on it because he used to have a publisher for a matter of fact he published my first book I think if I’m not mistaken doing the impossible yes people are delaying buying new cars creating a deflationary spiral uh that’s bad news for the Auto industry now uh again and then I got a clip from Rosie odonnell where one of his girls daughters comes one of well they we have to get these I’m trying to I’m trying to improve any be pronoun speci he they she her daughter came out and said that what you know gender and its infant you just have to watch us Vinnie just showed it to me it’s a very very entertaining to see this clip people are being so confused parents are not confused a lot of weird things going on however here’s what’s happening the uh one of my favorite holidays of the year is around the corner 4th of July and uh we’ve been working on this merch drop for a while a lot of you have been asking about Pat I want a USA flag I want an American flag I want something with value taming that’s the American flag to represent for four Fourth of July and at the same time I want there to say future looks bright I want it to be VT gear can we get some So today we’re giving it to you to purchase so you can wear this gear during fourth of July which is what a week and a half away so if you order these are limited supplies so let me tell you what we got here we got this vment hat with the American flag and future looks bright on the side which uh uh is here for you to order we got this other one the navy blue with the red vment logo future looks bright and American flag on the side and this is so far right now Vinnie’s favorite this is Chris’s favorite and this is Tom’s favorite for for golfers Tom likes this one but this one right here says USA this is I think it’s a USA uh uh for those who love America flag on the site future looks bright future looks right here uh and then we got these shirts here as well okay if you look at look at at the screen there with uh the material you got to feel the material incredible material uh value tment with the US flag uh uh if you if you’re some somebody that loves America and you love valut you love the representation that we have on what we talk about and you want to walk around because nowadays people are stopping each other people are stopping each other say you’re a valutor I’m also a Val I watch this I watch that and you’re kind of finding it’s almost like a you know what it’s like you know how back in the days there were certain tattoos people had to be able to know you’re also part of that Community I am as well there’s certain gangs and communities that had this for a long time this is one way where you see somebody with a vment hat you don’t have to say anything to the other person you know what they stand for and they know what you stand for and and it’s a very unique connection that takes place and I get these DMS all the time and mans all the time and messages all the time so limited Supply the last time we did the green hat people like oh it’s not going to sell out sold out within 90 minutes this is limited Supply so go place your order that’s the QR code VT merch.com again go to VT merch.com place your order for 4th of July gear now anybody places an order over 300 I think we have 10 more seats left to be with us to watch the debate on June 27 so place an not over 300 you’ll be invited to be with us and a friend at our uh Club 5990 live cigars conversations all that stuff we’ll watch a debate June 27th I think it’s going to be from 8:30 to like 11:00 at night we’ll be together all right having said that let’s get right into it first story I want to get into is Kansas Sue fizer over misrepresentations and Adverse Events of covid-19 vaccine now this is this is not a regular lawyer suing somebody this is not an independent lawyer somebody suing somebody this is a state suing fizer Kansas has sued fiser for allegedly misleading the public by marketing its covid-19 vaccine as safe and effective while concealing serious Adverse Events including myocarditis uh failed pregnancies and that’s in the 69 page lawsuit claims fiser misled the public and concealed critical safety information the lawsuit filed by attorney general Chris kobak asserts fizer earned record company revenue of $75 billion over two years through uh those these misrepresentations it alleges that administered in Kansas uh or it let me see it alleges that millions of Kansas heard fizer misrepresentations with over 3.3 million doses administered in Kansas and that fiser used these methods confidentially agreements and altering control groups to conceal critical data fiser responded stating it is proud to have developed the covid-19 vaccine in record time and that its representations have been accurate and science-based Rob do you have a clip of what the lawyer says if you have that clip prepared I want to kind of go to that first and then we’ll go to commentary uh so again the reason why this is a big deal this is a state folks a state go ahead Rob marketed its vaccine as safe for pregnant women Rob can you pause this February attorney go up a little bit so I can read it this is Kansas Attorney General go ahead fiser possessed reports for 458 pregnant women who received fizer’s covid-19 vaccine during pregnancy more than half of the pregnant women reported an an adverse event and more than 10% reported a miscarriage many within days of the vaccination fizer also us information from its own October 2020 study on pregnancy in rats indicating that its covid-19 vaccine was likely linked to infertility loss of litters and stillborn Offspring number two safety relating to heart conditions like myocarditis fire fiser consistently denied any evidence of a connection or safety signal between its covid-19 vaccine and myocard carditis or pericarditis indeed on January 18th 2023 when asked whether its vaccine caused Strokes or my myocarditis fiser chairman and CEO Alan burla stated quote we’ve not seen a s a single signal although we have distributed billions of doses end quote a signal that he was referring to as a safety signal which refers to a negative consequence however as fiser knew the United States government the United States military foreign governments and others had found that fizer’s covid-19 vaccine caused myocarditis and pericarditis number three Effectiveness regarding VAR variant fiser also claimed that its covid-19 vaccine protected against covid-19 variants even though data available at the Times showed fizer’s vaccine was effective less than half the time against variance finally transmission fiser urged Americans to get vaccinated in order to protect their loved ones clearly indicating a claim that fizer’s covid-19 vaccination stopped transmission of covid-19 fighter fiser later admitted that it had never even studied transmission of it after its V recipients received the vaccine and whether they could say it stopped transmission after making these misleading statements fiser also engaged uh in some censorship attempts uh emails reveal that fiser officials coordinated with social media platforms to censor any speech critical of fizer’s covid-19 vaccine safety and Effectiveness it should also be noted that fizer elected not to join the federal government’s vaccine development program known as operation warp speed and declined that development funding when asked about that fizer’s CEO Albert Bera said fiser did not participation in the program in order to quote liberate end quote fizer’s scientists and to avoid government oversight of its vaccine development he also said quote they want reports I don’t want to have any of that end quote referring to they when he said they he was referring to the federal government fizer’s misleading statements contributed to success in marketing its vaccine in Kansas by February of 2024 fizer had delivered over 3.3 million pause it right here you can pause it and by the way there’s a clip I just sent you on the fiser CEO uh saying a couple thoughts I don’t think this is a response this is something that he did say at an event but Vinnie thoughts on this year Well I got mixed emotions cuzz uh obviously for all the people that are the pure Bloods I know you’re one of them uh Pat it feels great knowing that I didn’t give in I didn’t I wasn’t you know they tried to force me to do it to get into comedy clubs and stuff I feel good that I’m the pure blood but I actually feel I feel so bad for the people that I do know that are dealing with all this stuff that he’s talking about the vaccine injured Kelly’s you know going through it you know that right Kelly has all these problems and stuff like that for all the people but it’s like oh yeah 100% it’s like I I it infuriates me that that they’re by the way I don’t know if they’re not going to beable cuz the literature and their thing says they’re not going to get in trouble and you brought up uh Albert bla and it’s always weird anybody that has to do with any of this pushing uh covid anything all these like Carl Schwab’s pal these people they always have an accent uh Albert Burl sent rob a v a video as well he admitted in a video that covid was used as a test think about this a test while also saying that he believes that the days of fizer are ahead he says I truly think that the best days of fizer are ahead of us because covid was for me like a rehearsal yeah that’s the video I have oh no no I I sent you a different one Rob the rehearsal one I sent you a a separate one but anyway remember is this the one you’re talking about Rob go back to the one I uh this is him Rob go back to the other video right there this is it yeah okay yeah just play this yeah this a different one yeah I truly think the best days of high are ahead of us because Co was for me like a rehearsal Prov gener how you can mobilize an organization and do the impossible possible against a main disease we are after cancer and many other things in the years to come and and and by the way I don’t know if you guys remember this he was interviewed I forgot who it was uh Pat but they asked him they’re like hey did you cuz remember he said at the beginning the the vaccine was 95 95.6% effective and then he was asked if he took the vaccine and he said something along the lines and Rob could have it but I could say he goes um well I’m 59 years old I’m in good health and this type doesn’t need to take the vaccine but he was pushing it on everybody else the the CEO fiser and then months later they have a photo of him Pat know they have the needle next to your arm like all these guys probably nothing in the needle but I think it’s ridiculous and I and I’m just hoping when he says something like that that rhetoric of now it’s a practice run they’ve been saying pandemic 2 is coming Bill Gates uh Mr fouchy this guy right here they’re they’re warning of of of something that’s coming and if you guys are paying attention in Australia bird flu is hitting them right now it just hit the seventh Poultry Farm in melburn it’s affecting six Farms a duck farm 1 million chickens 5% of Australia’s eggl flock is affected and now they’re they’re warning everybody of it jumping to human beings okay I think it’s ridiculous and the fact that there’s no shame in this guy but in the in their literature they’re not they’re not going to be held accountable is that right Tom yeah well yes and no um first of all I applaud the Kansas AG here that was a very structured clear case where he is allowing people in plain language to hear what they’re saying and what they’re saying is so clear he says they did this then they did this then they did this and this what usually happens in this as it happened with um uh cigarettes as it happened with uh asbestos as it happened with um uh lead paint and opioid painkillers what’ll happen is enough States get through and these Mega settlements is what’s going to come down because that at the very very end of it um I think there’s a thing of um there’s there’s not scientific Freedom here so I think individual scientists people can be criminally liable if you push past certain tests but pharmaceutical industry will never let that happen they will make a multi-billion dollar uh settlement um so I think that’s where this is going but I applaud the Kansas AG this is what Americans need to hear and if you haven’t heard it listen through it again step by step Rob this is the clip of the CEO go ahead and play it uh 59 years old in good health I’m not working in the front line so my type is not recommended to get vaccinated so the CEO of the company that got a bunch of people that are not necessarily needed to take the vaccine but he wanted them to take it and he didn’t take it ex it’s kind of it’s it’s hypoc it’s like a it’s like working at Ford uh uh selling Expeditions while in the parking lot for employees you have a Suburban park there you know or you got a motorcycle park there you’re like I don’t need a Ford car I drive other types of cars Adam well I remember hearing this guy’s name Albert C Albert Bera during Co like how many big Pharma how many CEOs names do you know of any companies out there in the Fortune 500 I mean whether it’s Warren Buffett or Tim Cook like Elon Musk then then it stops but why do I know Albert bur’s name the CEO of fiser why do I know Stefan H bonsel who is the CEO of madna I know you’re a big fan of the guys with the accents who is the uh CEO of Johnson and Johnson uh we all know fouche’s name but I think that you know we talk about accountability there’s enough blame to go around you know I always say follow the money how much money oh God did Big Pharma make yeah him alone I mean billions tens of billions hundred billion whatever the number is it’s believable they made so much money but here’s what I’ll say you know how the whole the whole iron Triangle pick two of these three things uh things could be done good they could be done fast or they could be done cheap right they could be done with high quality good they could be done quickly fast or they could be done cost effectively cheap those three you can only pick two um you know when Co came down we had no clue what was going on you know the NBA shut down League shut down uh who Rudy goar is touching on the mic people we had no clue what’s going people are getting toilet paper as if this like the number one essential um operation warp speed came down and what happened is whether it’s Trump whether it’s Biden whether it’s fouchi what whoever you want there’s enough blame to go around they did it quickly they did it cheaply but they didn’t necessarily do it with quality uh Pat how much how long does it take to get um accuracy in testing sometimes it takes 10 years 10 years he said it he was in less than a year I thought the fastest one prior to that in Rob can look this up was Ms and it was what three and a half years that was the fastest one that had ever been done on like a national pandemic level not pandemic but a national bad problem months Ms I think the fast that was the fastest one today measles Ms or Bell we’ve all gotten those vaccines when we were kids however my point is this they did it quick yes obviously yeah did they do it cheap I mean how much was it to get a vaccine I don’t know you know co- payment 25 bucks cheap they were given out to free they were rewarding people to get vaccines there 50 bucks go get some McDonald’s but it was not necessarily done with high quality or efficacy or Effectiveness so when you do it fast and you do it cheap they’re going to you’re going to have some ramifications of low quality the challenge the the you’re right on the fact that they they did it fast cheap all that stuff great and that’s why I didn’t take it the number one reason I didn’t take it is because you have 9 months of testing or whatever it was to put it together that was my number one reason yeah you know it’s a number two reason I didn’t take it is because they try to force it down your throat yeah the mandates right if they would have done it in a way that was do it don’t do it it’s totally fine if they wouldn’t have gone the route of forcing you I wouldn’t have taken that now here’s a different story what would the 18yearold pbd have done what would the 20-year-old Pat have done I’m in the Army let’s just say okay and I’m oblivious I’m not well read I haven’t done my own research I haven’t been around I haven’t even started reading yet right mhm hey you got to take vaccine or else you got to get out the Army all right guys hey 50 other guys you’re at the bar oh f it you know let’s just kind of take it you take it right how many people had to take it because they didn’t have another choice and they didn’t want to lose their jobs yep see that that’s the problem with this and the fact that what is the 75e Rob that they put a uh uh 50e or 75 year the timeline they put that you can’t sue them till 2075 they they went to the government and asked for the the immunity clock that’s exactly what they got the the there it is you just you just pull you get immunity when you got the the jab but they’re going to get immunity Jud years later to release vaccines 75 years no no there is one that they ask for immunity did they get immunity CU that’s what’s most important did fizer get immunity for the vaccine that’s the most important thing so the Monna fiser biotech vaccine offer immunity against covid-19 for up to 6 months to increase protection no I’m talking about where lawsuit immunity yeah I’m talking about lawsuit immunity where nothing could happen to them um blanket immun there it is under the pr prep ACT people injured in a vaccine developed a response to the emergency must bring claims under the countermeasures injury Compensation Program cicp provides blanket immunity to drug makers manufacturing the covid-19 vaccine unless there’s a showing of willful misconduct body man okay folks let me read this one more time okay so counter measures injury Compensation Program cicp provides blanket immunity what’s the definition of blanket immunity nothing Happ nothing can happen to drug makers manufacturing covid-19 vaccines unless there is a showing of keyword willful misconduct by the manufacturer so now what do you have to prove as a lawyer what you have to prove is what based on that statement huh that there was willful misconduct correct you’re going to have to prove that a scientist sat back there and said you know what I’m going to do I’m gonna you know what we’re going to rig this how do you prove that how do you prove that they’re going to say oh no no no the scientists were acting in good faith trying to save humanity and that’s what they’re going to be saying but so so they’re protect us so you mean to tell me you come out with a drug that you spent less than a year researching to put together nine months then you want me to take it then you want me to tell you that the US government you want to tell me that the US government you gave them blanket immunity and still trust them yeah I’m I’m I’m I’m out I’m out I’m I’m going I’m going to hurt immunity what you’re doing can I tell you why you have credibility here just cuz I I’m remembering all this stuff right now cuz you would constantly tell the story about when you you said what would the pbd 18-year-old pbd do cuz you were in the Army you told the story about when they when you went in and you enlisted and how many shots an shot they were doing yeah we had to take all these shots with air guns so it’s not like you’re antia taking more vac probably anybody I know the only person here that’s probably taking more vaccines than me is probably Vinnie and the only reason it’s probably the same is because when you go in the army or the military there is a day you literally walk through Vinnie do you remember that when you’re going through and one shot one shot one shot one shot one shot and it’s an air gun have you seen these air gun shots wow yeah it’s not an air gun well yeah it’s an air gun shot so it’s faster how many do you think you got in your probably 11 probably 10 or 11 I mean I had to get anth cuz I was about to go to to Iraq so I was like you know I to go did you go to Iraq or no no I was right about to go thank God by the way the anthrax shot in the Army was a very big discussion and a lot of people were freaking out like I remember as an 18-year-old kid guys getting out and going and trying to get leave to avoid it and there was a big dispute what’s wrong with you why are you so worried you’re a part of the US government you got to do it take it for the country it was like a lot of things going on at the but I I want to highlight that because you know people say a lot of crazy things right there one thing you are not is antix you you’ve been very open your father was part of this one thing that I know that you stood for and I’ve learned this is the government control and the mandates you said Hey listen they rushed this in less than a year but number two listen my body my choice which party sort of owns that uh moniker we know on the left my body my choice on the right when they do it how does that work I’ll tell you one quick story talked about the mandates uh you know my other company I have a girl that works for me there she also works for Disney she would tell me this story she goes you know I never get sick I never get sick she would tell me that and she got the jab and since she got the jab this girl is always oh God sick I said what happened you said you never get sick she goes I don’t know but I never got the flu stuff I never got this I’m just letting you know this is anecdotal this is her story she gets sick here and you know ultimately I mean I’m going to make light of it you know George Bush fooled me once and uh You Can’t Get Fooled Again yeah uh I think a lot of people got fooled one time and they’re not going to I I wouldn’t I wouldn’t give them that much credit because about take a second take a step back Tom think about what they did think about this operation that they did okay they created the problem fouchi the lab Wuhan they have this come out right oh my God they scared the allegedly created the problem I I think that they they’re not stupid they get it okay then all of a sudden you’re like Hey listen guys scare them it’s the end of the world CNN put the cracker think about this Mission then you scare the out did do that they did and then you go hey we have the Cure and these billions of people were duped now they’re dying and guess what they’re saying what read the contract I said so it’s create the problem scare the out ofbody and give them the what’s that term called when you uh create the Boogeyman and then you’re the solution to the boogeyman that’s exact guys Rob Rob how much did how much did fizer’s at spending year-over-year can you go to statista go to add uh uh year-over-year if you could how much money they spend it’s interesting Tom when you look at this because if you the number is going to surprise you by the way and I go to stock price I go to oh no no but check this out zoom in look at fiser at spending year over-year okay so their highest what does that sound their highest is 2010 3.8 okay and then 2011 36 and it goes down Co happens 2020 that’s their lowest at spend 2021 uh 2 billion then it goes to 2.8 then 2023 is 3.7 so I processed this in a couple different ways one their biggest at spend was the government was doing it for them everybody was doing it you didn’t need to get the money to get the at Spen right because it was free marketing can you go to madera’s at Spen Rob I’m curious to know what merna’s at Spen was year-over-year just do the same exact thing and just type in madna yeah and and then who’s the other company by the way is it Johns and John John oh their information isn’t public you don’t have uh their ads um fizer is public the other ones are not interesting go back and take type in uh Johnson and Johnson’s at spin I’m actually curious now with Johnson and Johnson Johnson and Johnson add dollars is what I typed and I have it only till 2022 I don’t have it till 2023 same exact thing you’re looking at the drop off to increase yeah so anyways I mean you know this is this is I’m so the the main reason why we talked about the story is because the Attorney General of Kansas is going after fizer guess what we support you we’re excited that you’re doing it a lot of people want to find out what happened and I can tell you one thing if Kansas makes any progress be ready for 10 other states to follow Kansas if Kansas makes any progress so imagine then Florida joins then imagine if you know a couple other states I think Florida’s already gone through some kind of a lawsuit but there’s going to be other states joining as well if Kansas makes any progress let’s go to the next story here Kevin olivy explains why restaurants are shuttering Across America and why more will follow he highlights the US restaurant industry dire situation noting the US restaurant industry finds itself on a menu with frequent headlines about bankruptcies layoffs and closures impacting beloved Brands like Red Lobster Applebees due to inflation and declining for traffic post pandemic he adds seemingly every day there’s a headline announcing a bankruptcy layoff or store closure uh impacting one of the country’s most beloved Brands oi explains that Rising food prices and the shift to remote work has significantly hurt restaurants especially in urban areas where expensive locations are no longer seen enough for traffic he notes eateries and urban locations have been hit especially hard as they’re expensive locations are no longer receiving the foot fall they need to meet rent it’s almost like the days where you used to go to a dealership to buy a car and nowadays you don’t necessarily need to go to a dealership because you do what you can order a car and it’ll come to you I think Uber Eats has probably played a big role in hurting these guys as well Tom but what are your thoughts about the story here what I thoughts about this the the restaurant industry is suffering and he’s right and I I’ll paint the picture a little bit more broad he’s talking about like the Applebees location downtown Dallas and you don’t have as many people in the highrises it doesn’t take much if your Eid is like 15% let’s say you make 15% Prof profit and you suffer like a 20% drop in in people coming to the restaurant you’re probably pinched on on the edge of that not being a a profitable location um in trouble so yes you know remote work and the urban areas are causing some of it but now put yourself in this position how many problems can you manage at once and stay in business one sir our uh some of our key locations in downtown areas they are um um they’re pinched cuz the foot traffic is down so we’re really in trouble with those we may have to think about closing some of them because now they’re consuming cash not generating it oh no uh but sir in general our overall profitability is down because uh food prices and by the way TransUnion says that the food price inflation over the last four years actually is 30% so that’s TransUnion one of the um uh big uh Credit Agencies doing deep research it’s 30% okay okay food priz are up and Sir by the way in four states we’re going to have to pay $20 minimum wage oh crap how many problems can a restaurant manage at the same time is having locations that are not profitable because of foot traffic getting pinched by $20 minimum wage and then the food price so Kevin Larry is right and he’s only hitting on one of the two things and it’s really unfortunate because a lot of people have favorite restaurants and things that they still patronized but they’re just they’re not survivable but I’m going to tell you something Rob Tom can you go a little lower on that was a very good breakdown so go up to the top of the article Rob if you could no the one I just texted you the one I just texted you not this one I texted you an article right now with numbers on Uber eats and these numbers will reveal a lot especially a certain Trend I just texted it to you while Tom was speaking so here’s here’s to look at so Uber Eats revenue and usage statistics this is from two months ago April 10th okay go lower and just one by one by one let’s look at each chart keep going keep okay let me look at that what it says the statistic at the top right there in the middle it had okay Uber has generated $12.1 billion in 2023 11-year increase Uber’s gross booking okay so that’s the numbers go low Rob check this out keep going keep going keep going keep going there it is okay zoom out all right so that’s revenues from Uber reads from 2018 to now look at q1 2020 do you do you see what’s q1 when did Co happen second week of March the dip right there so they got they they felt it but covid launched Uber Eats business to the stratosphere go lower go lower go lower okay so right there right there with the the revenues for go up a little bit Rob go up go up go up go up you just had it right there so this is a revenue for them this is two two Uber eeds 2017 600 million 18 1 A5 billion 19 1.5 1.9 billion look at the increase from 2018 to 2019 not a big increase it’s only two 20% but look at the increase from 2019 to 2020 nearly 3x okay then 2021 they double again then 2022 coming a couple the restrictions are gone 10.9 12.1 but that business of going from 1.9 if you look at it 1.9 to 12.1 billion that’s all money taken away from somebody but go lower cuz that’s not the real number keep going that’s what Uber Uber Eats made Revenue to them but go down to how much revenue was the food go lower Rob this is the actual bookings okay look at that 3.1 billion to 7.9 billion to 14.5 billion to 30.2 billion to 51.6 55.7 67.8 billion that’s money going away away from somebody So Co it’s the weirdest way of um visual I’ll try to give you so Co did this it took money from restaurants 200,000 restaurants shut down and that money lost from restaurants Rob how much money was lost in restaurants during covid okay total I remember it was you know uh uh directly and indirectly 50 million jobs were affected uh that’s not the right number that that is not the right number it was a it was a number in the billions but just visualize this this is the business of restaurants this is how much money restaurants had what covid shutdown did is it took this money from here gave it to Uber Eats drivers bringing food to them and that money from here gave it to fizer Johnson and Johnson madna okay meaning this revenue of a 100 billion whatever the number is came at the cost of destroying the restaurant business so look at the National Association restaur National National Restaurant Association said restaurant and food service sales were $240 billion below wow below 220 2020 pre-pandemic forecast more than 110,000 eating and drinking establishment closed last year the association hopes that 2021 this is that time right now Rob do me a favor keep this keep this article can you go and and and search how much money did what do you call fizer how much money did Big Pharma make during covid how much money did Big Pharma make during covid if you can somehow 90 billion okay right there big farmer raked in 90 billion in profits Vinnie with covid vaccines that’s it just the covid-19 vaccines fiser bio inch Mna and covac made an extraordinary US dollar $90 billion and profits on the so that that $90 billion of profits is a is like a 401k rollover it rolled over from restaurants into big Pharma wow so so you know what it makes me think about Tom here’s what it makes me think about every industry has lobbyists every industry has lobbyist right this just tells you the lobbyists of big Pharma are more powerful than the lobbyist of restaurant business why didn’t the restaurant business Lobby harder to protect them who what kind of access to resources do they have what is the biggest restaurant chain that can go out there and be vocal about it why were they so quiet about it they got destroyed and if you think about restaurants Tom the the the fast food chains fast food chains would be considered low in low income middle income right if you go to McDonald’s Burger King places like that who is the biggest restaurant chain that’s not fast food chees big cheesecake tji Friday I think cheesecake is up you might be prob girls on a first date to Cheesecake Grand Lux Grand Lux and cheesecake are in the same family same family how do you Google that how do you search that piggest non-fast food but they’re probably owned by one big company I know that’s what I want to I want to know who that is who is that like remember remember we found out that one thing in California with uh they own different who owns who owns cheesecake who owns CH Applebees who owns Apple who owns chili so applebe go ahead what’s Applebee’s market cap do they have that kind of weight Applebee’s market cap they’re eating good in the neighborhood I know that no that’s not a lot that’s $570 million that is insane that’s nothing guys they he that’s part of D brand Global find out that can you go type in big Pharma uh lobbying spending big Pharma lobbying budget okay whatever it is let’s just see what numbers comes up all right let’s see what this is can you zoom in Rob what what does it say Pharmaceuticals right there it’s what 300 so so what so the number so check this out 378.5 what Applebees does in Revenue go back what Applebees does in Revenue okay which is what $570 million okay today that’s their market cap they only spend $200 million less than what their revenue is just in lobbying you’re not going to beat them so guess what folks here’s what we learned big farmers lobbers uh lobbyists are more powerful than the restaurant industry’s lobbyist and that’s how they got destroyed the greatest 401K rollover money rolled from 200,000 restaurant owners shutting down into the hands of big Pharma there you go that’s that’s one way of looking at I’m not telling I’m just purely doing the math and I’m looking at how this thing took place but uh Uber Eats capitalized Uber took a big share from a lot of these restaurants on the backs of a lot of bad policies mhm I I have some commentary here but more from a macro perspective not necessarily just the food industry because I like how you kind of broke it down whether it’s Uber whether it’s these restaurants whatever it is but from a macro perspective and then to kind of filter it down to a personal perspective this is just Darwinism this is just survival the fittest can you adapt what do I mean you know what percentage of the companies that were in the Fortune 500 in 1950 or even in 1990 are still in the Fortune 500 we hear the stories that it’s like the attrition rate is insane 50% of the companies go out of Fortune 500 I think 10 % of the companies that were the biggest companies in the world in 1980 are still in the Fortune 500 how many companies have gone out of business whether it’s WAMU you tell that story whether it’s Layman Brothers whether it’s Bear Sterns you tell the story about Kmart JC Penney Bed Bath and Beyond radio shck Blockbuster these were the biggest companies in the world we work you know two years ago what was it um Silicon Valley Bank and Signature Bank if you can’t adapt and change with the times and you make poor decisions and you go on offense and you don’t play defense I.E paying for lobbying you could potentially go out of business and I’ll bring it to what pbd always says outwork out improve out strategize and then what’s the last thing pbd Outlast Outlast if you don’t do all those four things you’re not going to outlast the market but I’m I’m tell very good point when when go ahead Tom I don’t disagree with your concept but I think in this case it wasn’t survival of the fet there is a meteor that hit Earth and killed all the dinosaurs if depending on which scientists you want to believe a meteor hit the industry and killed these restaurants and the the is what happened Co happened they were forced to close and all of a sudden they’re only making food delivered by Uber Eats and they don’t get beverage they food they don’t get beverage they don’t get bartab they don’t get all those other things and all those other people that worked at the restaurant that were delivering the food the only people that were working was the Three Chefs in the back making stuff that people were picking up with Uber eat so this was a this was a meteor called covid that hit the restaurant industry but Wards talk Talk number scream and Pat we just broke down you broke down all the numbers of where all the numbers flowed after the meteor hit by the way by the way I want to move on cuz we got the next story I want to get into here’s here’s what I’ll wrap up with this I hope the folks in the restaurant business pay very close attention when I when I was first coming up and I’m like you know I don’t want to worry about politics because politics is a dirty business that line right politics is a dirty business and guess what folks if you pay taxes tax is a form of politics so you must pay attention to politics and here’s the other thing I learned as well a quote back in a days Rob can you verify who this is It’s either Plato or Socrates those who don’t study politics will be governed by fools who do wow let me say it one more time those who don’t study politics will be governed by fools who do to those of you in the restaurant business watch the way you vote one political party locked your ass down and you went out of business just remember that you can sit there and tell me I’m a John F Kennedy liberal whatever you want to say this is a very different climate today with shutting things down where other states left it open Bob Iger was helping out Nome in California with Disney and then when uh Nome said no we going to shut it down Bob Ager got off the board and said I’m not helping you out he had two parks One Park was where California shut down lost a bunch of jobs the other place was Florida ran by a guy named the santis that they got ended up getting to the biggest fight and Disney actually played games with the Santas calling at the Gable and all these weird things that you guys started doing guess what Florida proved policies were better for restaurant fast food parks in California absolutely wasn’t next story more retirees considering to work as high inflation squeezes a mly full survey shows 44% of retired Americans are considering returning to work due to Chronic inflation and inadequate Social Security benefits which despite a 3.2% cost of living living adjustment in 2024 have not kept pace with rising cost the average monthly Social Security payment of 1907 in 2024 significantly less than the 4818 monthly expense reported by Americans ages 65 and older let me say this one more time Rob can you highlight that part then let’s show it on the screen the average monthly Social Security payment in 2024 is 1907 okay and that is a fraction of what the average American age 65 and older reported spending in 2022 which is 40818 okay so with 27% relying on their sole income inflation and high interest rates have drastically increased cost for Necessities causing severe Financial pressure Financial struggle has led 61% of respondents to report daily hardships and many are considering retirement plans about 25% of non non-retired investors expect to return to work due to insufficient savings while 19% doubt they will ever save enough to retire with another 19% planning to retire later than expected due to inflation Tom well words Talk number scream and we got a bunch of numbers here and was very interesting side by side with this side by side mle Fool’s doing this Harris had a poll and the Harris poll has been tracking and boy it’s so surprising that mainstream media Vinnie doesn’t ever talk about this particular Harris tracking poll in Q4 people said 79% of people said the number one issue economic issue for them was inflation after saying that um after 60% of them saying that economy was number one and they said what iss you the economy 79% said inflation in q1 that was Q4 of last year q1 82% it’s inflation in middle of Q2 uh May 10th just just passed by 84% said it was inflation and by the way 75% of the people over 50 in a Harris poll done at the same time in the TransUnion poll said inflation is continuing to increase meanwhile the federal government is saying inflation is under control no people are saying inflation it’s affordability and what’s happening is these poor retirees and the numbers we just saw are saying I can’t do it I got to go back I can want to be a Walmart greeter or I got to do something because I’ve got a gap and it’s the affordability crisis and I previously mentioned trans Union’s food inflation survey done at at the end of q1 said it was a 30% cumulative increase since the end of Q4 2020 there you have it there’s the numbers that the affordability crisis in America is worse than ever and now the the people who can least afford it are thinking about man I got to go back to work I got to get a side hustle grandma has to get a side hustle where are weam yeah well sucks I I love Tom’s commentary here I’ll I’ll flip it Tom always says the following you know there there’s the Upstream problems and the downstream problems right the downstream problem or this is would probably be the Upstream problem is you know a 70-year-old who has to go back to work sucks nobody wants to do that but the reason that they’re doing that is the downstream problem is they just never paid attention to saving enough money and investing and that’s the biggest problem so what’s the message that you guys can take if you’re 30 40 years old whatever it’s uh nobody cares about your problems 30 years from now when it’s time for you to retire you know how what’s the average age of our listeners 30 40 whatever I’d say I’d say 40 okay yeah um well respect to you guys um from a fellow 40-year-old when wink um 30 years from now when you go to retire and you’re like well inflation in 2024 no one’s going to Care in 2054 they’re going to say what did you do over the last 40 50 years of your life to get out of debt stop being paycheck to paycheck start saving and investing because I I know one thing for sure you cannot save your way to becoming a millionaire you have to figure out a way to become an investor and you’re going to need a million $2 million when you retire at 70 years old whatever it is so you don’t end up on the government plan so you guys at home right now flip a coin heads and tails heads you’re going to have money in retirement Tails you’re not going to have money in retirement because the reality is this 50% of you are straight up going to be on the government plan and the other 50% are like oh I don’t want to have to rely on Social Security and I don’t have a pension and I haven’t saved enough money uh I should probably start that 401k thing that they talk about ah that Roth IRA thing I should probably stop living for today and plan for tomorrow cuz if if you’re 30 you’re going to be 40 if you’re 40 you’re going to be 60 and the reality is if you don’t save that money you’re going to end up one of these old people that in 30 years has to go work so so a couple things one um you know we can talk what you should have done which we have to do that because we have to learn from our parents’ mistakes and what they did right what they didn’t do right this this Sunday at church this pastor gave a message which I thought was absolutely powerful that day one yeah yeah I I thought it was powerful Rob I’m going to give you the timeline for you to go to to show this clip it was unbelievable okay however so one of the messages uh that you said that I agree with is uh the fact that uh this is what happens when you don’t pay attention to money period you’re going to go through this okay and you’re paying a price for it today that you weren’t taking finances seriously you were being sloppy not working on another job you were coming home making sure you didn’t miss a single Miami Heat game or didn’t miss a single Laker game because you’re a true Laker fan or Dodger fan or I’m a Chicago White Sox so I’m going to come home and I want to watch every single game yeah Chicago White Socks or the Lakers or or the Miami Heat these guys barely pay retirement plan to their athletes they used to play for them let alone you they’re not going to be paying your bills okay it’s kind of like goes back to that one movie Bronx Tale where you know the guy’s got a Mickey Manel card says does Mickey man will pay your bills Min Mickey man will pay your rent Miyo number two is the following and by the way that reminds me of a concert I went to with CAC years ago when I had lost my voice I couldn’t speak for six months I did a surgery uh CAC took me to a concert in Newport Beach or somewhere like that Irvine and it was by a man named I believe it was darush and darush was uh one of the best singers I I can listen to his music all freaking day long I love darush but darush doesn’t sing happy songs darush sings Sad Song Pat we all know Dar come on you know everyone’s a big fan of Dar stop it pat got to explain who Dar is DD all to his concert by the way him and Michael Jackson performers ever one of the things Dar said by the way just so you know he had some issues back in the days drug stuff like that he opened up he is beloved people love this guy right and he gets up and he says I want to apologize to all of you he wanted to give two advice to everybody says I want to apologize to all of you he says I want to apologize for not being invited to you or what it’s your weddings and they’re like what what are you talking about he says because I never sang songs happy enough to be invited to your weddings why would you invite somebody like me to your weddings that makes for your divorce party I will be there Dar you you can count on him baby but you know what he said right afterwards what he said I want to say something to the young people in the room here to those in their 20s the young wolves the 30s he says make sure the young wolf in you takes care of the old wolf one day you’ll be oh yeah wow because the old wolf will not have the same fire that you have today y but very soon you’re going to be my age let me tell you it leveled me to come back and give that message to other people so now we all have parents that maybe financially didn’t make the right decision or something we cannot go to them and say how come you don’t work for it we’re not in that business you just want them to live a happier life and realize a part of that responsibility Now lies on you because the government can’t do it all by themselves you have to do it partially government’s going to do it partially the reason why government gets 1907 and not the whole 4881 is because it’s not the government’s job we’re not I’m not supposed to take care of your parents I’m going to do my part with my parents right but taxpayers are willing to pay 1907 portion to Social Security and and the last thing I’ll say which is kind of weird is the following way Tom a part of me likes people working in their 70s and you can call me out and be upset and say whatever you want my dad has had 13 heart attacks three stance in his heart bypass surgery God knows how many angiograms angop Plastics you name it he takes 50 pills a day I’m being sarcastic but it’s a lot of pills he takes every day he’s 82 years old you know why he’s 82 years old cuz he just retired two years ago and he finally moving into my house till two years ago he was working not because he needed to he could have retired a long time ago he kept working because he wanted to stay active so part of me if you’re listening to this and let’s just say you’re 72 years old or 68 years old and you’re like I don’t need the money dude go find a job two days a week doing something find a way to contribute there’s a part of it that for me is not feeling like it’s actually bad for you you’re meeting other younger people there’s something that happens I’m around Brooklin Brooklyn makes me younger okay and I’m 45 I’m not old but even Brooklyn makes me younger and she’s only two or three years old right now imagine if we’re 75 and you know and we’re only hanging around 75 year olds dude you got to go around 30 year olds and 20 year olds and 40 year olds and let them kind of fire you up a little bit but anyways can I give a quick little uh feedback number one I love your dad and the fact that he’s still putting things together knitting he’s staying active he’s chasing Brooklyn around love him but you’re absolutely right like my mom is 74 years old she’s about to be 74 I said Mom when are you going to retire she’s like why would I retire I love working she works at a nursing at Aur she works as a nurse she works she loves interacting with people she said what am I going to do all day I don’t golf I don’t do any of this so there’s nothing wrong with working when you actually enjoy what you do the flip side of that I remember you know you know me and my Ubers one time I get an Uber and was the oldest Uber driver I’ve ever been in his car this guy must have been 80 years old and he usually Uber drivers will be very subtly like hey thank you for a tip this guy as the ride started hey don’t forget to tip the driver he had a sign remember to tip the driver he’s like hey remember at the end tip your driver I go okay why you know like you haven’t even driven me your in it goes this is essentially what you said with the young wolf and old wolf he goes let me tell you a little something and he was talking he goes I used to be the biggest fashion designer I used to go to Italy and travel and I’m from New York work and I got to tell you honestly I didn’t save any of my money so now I have to drive Uber so he’s not blaming on he’s saying basically I lived for today not for tomorrow he’s 80 years old sh sharp like in a suit yeah and he goes yeah I don’t want to be driving over so I do I gave him a $20 tip on a $20 ride but I felt this guy’s pain a lot of old people are going to f and a lot of people are there but I want to show you this so this Sunday uh this pastor Reuben San I I’ve never heard him speak and he gave this one message I’m sitting there with the kids and and I think every father needs to hear this message every father quote and play this clip ceiling as a dad no no back up back up back up pause up pause it pause I’ve been thinking and ruminating about we go that’s it right there go ahead about um this idea or this concept and the idea is this is that your ceiling as a dad will one day become the very floor for your kids your ceiling as a dad will one day become the floor that your kids stand on what does that mean all of the things that you accomplish all of the things that you become really good at all of the things that you still struggle with will be the very Foundation that your kid stand on so of course we’re going to give good things to our kids one day but they will also inherit some of our bad um habits they’ll also inherit some of our bad thinking because he I remember I remember remember this he uh by you know he pray he prayed for me once there was a part of the mass where like if anybody needs prayers come up there and he put his hand on my shoulder and he pray for me this guy’s awesome you ceiling floor ceiling floor father’s listening the example we set today one day is going to be their standard floor to uh live on good bad ugly lazy passive the way we treat our spous spouse our kids people we work with friends everybody they’re going to watch to see how you and I are and one day that’ll be the standle they raise up I’m a byproduct of this my my dad set the ceiling the most annoying thing my dad ever did with me that was the best thing he ever did with me you ready for this I’ve never met a man in my life who’s done this never when I tell you I’ve never met a man I’ve Vinnie I’ve never met a man in my life that’s done this last year first week of this year we were having this meeting and I’m telling everybody about the values and principles our Becks everything at the vment group and if you remember one of the 12 uh principles we talked about was the what do your best to be part of the one Club MH and what’s the one Club you only need to be told once and you do it the job gets done we have a lot of sevens we have a lot of fives we have a lot of Threes we have a lot of twos every great organization is Ran by A very very very very small percentage of people that are part of the one Club what is the most annoying thing about my dad my dad’s never said anything that he was going to do that I had to remind him of did you hear what I just said never well not one time not one time he has never ever said he’s going to do something for me that I had to remind him of how the hell do you do that first of all that’s the ceiling he went and he became my floor so guess what was our culture and the insurance company we ran if we made a promise we’re doing it y if we said we’re doing this we’re doing it now if we said we made a promise and a guy does criminal activity you changed it we didn’t do that then then we have to change it if you did fraudulent stuff or complying stuff and you’re trying kind of making that’s a different story but that was what that was the example he set and and here you are a kid that you’re him and he says you said you’re going to do it how come you haven’t done it yet it was the most annoying thing he would tell you how many times do I have to ask you that’s a common phrase because he was teaching to be part of the one club right I I can tell you 50 different things but I saw this message on Sunday and all I thought about the guy sitting next to me with the grandkids and everybody is my dad the fact that he set that example for others fathers you are so important I can’t even describe it to you the other day Tom and I were having lunch with a couple people not even the other day yeserday we were’re having lunch at the house I think yesterday or two days ago I think two days ago we’re having lunch at the house it’s me you RJ and another fellow and um and I and I said you know Tom’s one of the best dads I’ve met in my life as well we can be anywhere in the world he’s calling his girls to pray with him before he goes to sleep he calls and has a conversation with them individually Vinnie he’s never missed a mark like doesn’t matter where we are he’s never forgot to make that call ever I have he never Tom has never forgotten to make the call to call his girls say how was your day what happens let’s pray goost asleep that is an example he’s setting for his girls to follow that maybe one day when you’re looking for a man I would like you to Aspire to want to have a man that treats your kids the way I’m treating you one day his girls for the rest of their lives are going to look for a man that has a standard like that right Tom what are your thoughts about this whole message the pastor gave about cealing in floor he he’s absolutely correct and it it it doesn’t matter where you are you can reset tomorrow’s floor with today’s ceiling you can reset it um there are tremendous stories out there and biographies that I’ve I’ve read um of historical people but I think the current ones are really inspiring to me work done story is inspiring to me you know about you know his grandmother and the things that were there and how he how he he rebuilt what was going to be the ceiling of his life from a really tough floor from where he came from and and this is true but it takes two things intention and discipline you have to be intentional about what you do every day it doesn’t just happen it’s not luck you have to be very intentional what you’re going to do and then you have the have to have the discipline to keep doing it it’s the same things that go with diet that goes with exercise it goes with personal habits you know you got to be intentional about it and then have discipline about it but this guy’s right and I encourage everybody to can we put the link in the comments and people can go watch the the whole message from this guy I I think it is a one of the most appropo Father’s Day messages that you could hit but I would say this way it’s a it’s a great Father’s Vision message for every day yeah you know sometimes when you give this message people will say well you know that’s why I’m who I am I don’t have a good example okay that’s also the the the the flip side of the coin that’s the excuse to keep standing on a broken floor that’s right that’s you’re like well you know that’s why you know I’m I’m doing because I didn’t have the father you had or I didn’t have the mother you had there’s a lot of other things I can say about our family that I’m not going to get into you know I’m giving you the good of my dad is what I’m talking because I want to applaud this man because it’s changed my life we all have different issues but I think at the end of the day it also eventually at one point if you’re saying well I didn’t have that well you become that you become the new standard to set for many many years to come years ago I read a book called 10 uh generational curses and I don’t even like that phrase generational curses but I read this book and it talked about how you know adultery gets taught okay uh uh what was the other ones gambling taught then it was uh alcohol being an alcoholic is a curse that passes down everybody’s an alcoholic and you know small thinking Financial issues that’s the other one right there that was the bottom right one the 10 curses that blocked the blessing that was the book I read a long time ago um when did that be 06 so 20 years ago 18 years ago that book came out so it it was interesting to see it but for a lot of people who go through this challenge you know don’t you don’t you don’t also want to be the person like I grew up from a very poor family it’s like say well you know I grew up poor that’s why I’m poor no you need to also make a decision for yourself to want to be a leader one day if you consider yourself to be a leader all right so anyways I saw that this Sunday I’ve never short anything from our uh church service on Sunday I was in was your church yeah we go to that church that’s one of the churches we so anyways okay so uh let’s go to uh let’s go to the next thing here story-wise uh Gavin Nome what a transition wants to take smartphones out of schools okay Gavin you’re getting a shout out today buddy so don’t say we only say bad things about you the other day I’m in California I says man listen I love your stuff man but why do you why do you come after us so hard it’s like it’s constant you know it’s like we don’t get enough of it man it’s always California California Cali I said listen bad policies have consequences and that’s what your Governor is doing however today we’re going to read this article from political Governor gavan usam plans to restrict smartphones used during the school day citing social media’s harm to Children’s Mental Health Nome stated when children and teens are in school they should be focused on their studies not their screens nome’s initiative aligns with recent warnings from Surgeon General VI Murthy who advocated for uh warning labels on social media due to its severe impact on youth Nome a support of Biden’s re-election aims to work with California’s Democratic legislature to implement these restrictions by August to move follows ongoing concerns and previous legislation aimed at protecting children from social media dangersous Newsome’s wife Jennifer great name seel Nome highlighted the failure of the tech firms to address these issues and shared personal experiences of their child being bullied online Tom yeah well this is gav Nome it’s Groundhog Day so Gavin Nome is going to pop up and say something that sounds moderate right there’s a there’s a LOL in the news cycle you know there’s almost relaxed all of a sudden we said turned red he kicked me shoot you’re going to be say Nome or give me a double black coffee so it’s one of the two and here I come okay so this is what this is what’s going on Nome uh every so many months he is very he’s being politically very strategic here popping up with um with things that sound like they’re kind of moderate here so you know Banning the phones and schools it’s harmless it’s harmless it doesn’t cost him any political capital and then what 6 months ago he came up and there was a parental rights thing and he was like I’m going against the State Assembly because parental rights are important remember when he did that and it didn’t mean anything to it and two weeks ago he supported the um you know don’t tell the parents transgender um uh policy in the schools two weeks ago so 6 months ago he pops out Grand H day sounds kind of moderate and that’s what’s going on here this is a Mambi pambi little thing that he’s popping up trying to get parents to lean from the middle over toward him a little bit and and look at the and the perfect timing Tom you nailed it perfect timing all the stuff is coming up out of Joe Biden he’s falling apart he’s he’s starting every two seconds and then all a waiting for the Supreme Court on Trump exactly it’s kind of a quiet news week yeah he’s he’s a snake in the grass like you nailed it just coming up now because you know what that’s those little things once it once he announces or if he announces uh he’s going to be like well look look at the stuff the good stuff that I was doing guys the phones in the schools which you’re right doesn’t spending how much money does that cost that nothing it’s just a rule he’s a snake in the grass and if he was the Antichrist P at the end I wouldn’t be surprised most skilled politicians I that I’ve ever seen I give I respect I really respect you know you can respect an enemy for their capabilities you can respect it I respect Nome and he is so clever and Tom I’m not even joking if he announces and he becomes a president I wouldn’t be surprised if he’s on the podium and he just rips off his mask and he is the devil and I’d be like oh yeah that’s we knew that Adam where you at talk about the least surprising mask ever guys yeah can we just take a second and give a little credit when someone makes a smart decision Adam come on I know that the second you hear his name you’re like Biden’s jumping out of the race and Gavin’s declar dude Adam never done that Adam you’re getting more excited than i’ ever for those of you listening at home you’re witnessing a relapse go ahead Adam this is Comedy Hour tomworth get your tickets now for free starring you dude starring you the the these guys you guys lived in California I know when when we left Princess and the relapse Here We Go episode six make your point say it spit it out can I mean guys can wait I’m going to interrupt you guys every single time you talk now every the rest of the episode promise okay go uh I know that you guys get me do that this is Tom’s comedy I know that you guys get emotionally triggered when you hear Gavin new’s name and rightfully so sometimes but like without speculating this is because he’s running for president how about the fact that he’s actually the governor he’s going to be the governor of California until what 2027 after the recall the re-election in 2021 um this is something that Ronda santis has basically been advocating keeping the kids out of school keeping the phones out of school you know Banning Social media from these phones by the way this is a bold move Silicon Valley all the big tech companies are in his State you think they’re happy about this no but he’s actually taking care of what needs to be done to take care of the kids so let’s give a little credit where credits do I know that there’s some democrat people in the audience that are like yeah okay give the guy a little credit but here’s the deal he’s focusing on studies over kids being on their screens he’s focusing on kids actually being able to socialize rather than being on social media and he’s enabling kids to actually live in real life than on their phones so let’s give the guy a little bit of credit for a good let me let me get let me give my let me give my response and we’ll go to the next story I don’t want to put a lot of time on this because California is a uh fires Tom up and Tom’s getting angry right when Tom starts saying princess he’s pissed off all right so here’s what I’ll say okay let let me read a part of what he said so he’s doing this for what what what’s the part of it that he’s doing he said he’s doing this because uh uh Children’s Mental Health when children and teens are in school they should be focused on their studies not their screens okay let me let me change one word ready when children and teens Governor Gavin Nome are in school they should be focused on their studies not their genders yes that’s how about that okay so now if you’re taking smartphones out of schools fantastic let’s take pride Flags out of schools why should they be worried about their sexes and genders and any of that stuff why should you confuse them if you’re so worried about social media’s consequences on kids with smartphones how worried are you about the agenda of lgbtq on kids at a young age not adults I didn’t say adults it is what it is quite frankly to L too much anyways 143 days to recognize you know lgbtq we have a gay Uncle day in America what is a a gay Uncle day yet we have one Father’s Day you mean to tell me fathers get one day and they’re just as important as a gay Uncle you want me to celebrate my gay uncle is that’s what you want me to do and and then you got the Mother’s Day gets one day but a gay uncle gets a day so the equivalent of a gay uncle is the same as a mother and a father is that what we’re doing right now in California or other places so all I’m saying to you is this let’s add one other thing to this Newsome great policy I’m with you when children and teens are in school they should be focused on their studies not their screens when children and teens are in school should be focused on their stud studies not their genders how about you do that next I dare you brother to do that next to keep that out of schools you do that I will be singing praises to you on the podcast right here I will applaud you I’ll say great job he did a phenomenal thing for California I’ll even come to California and say there’s some progress being made in this specific area if that happens now you know what are the Chan of you doing that do you know what are the CH do you know what are the chances of that doing that it’s the same chances as Vinnie one day coming out of the closet saying he’s gay okay because Vinnie straight and it ain’t happening and he’s yeah he is he’s actually is I thought I thought so the other you guys posted a clip about you know when I was in Hollywood if I would have stayed there any longer I you would have been gay dude I was going to celebrate gay Uncle that’s what I’m saying I was just going to say J so there you go so that that listen I I gave him credit I’m just trying to challenge him a little bit more and see what he does with that all right let’s go to put that phone down while we’re trying to indoctrinate you yeah let’s go to the next one here let’s go to the next one luxury real estate world rocked by rape allegations against star broker now this story isn’t written by Daily Mail this story is not written by some Hocus Pocus website this is written by Wall Street Journal five women have accused Orin Alexander co-founder of luxury real estate brokerage official of sexual assault or rape with incident spanning from high school 20 years ago to as recent as 2020 one woman an aspiring model described an incident in 2017 where Alexander allegedly ripped her dress off and threw her on the bed pinning her down and raped her despite her begging him to stop Orin has taken a leave from his firm calling the allegations baseless civil accusations and stating he is confident that the truth will be brought to light two lawsuits filed in March accused Orin and his twin brother Alan of sexual assaults dating back to 2010 and 2012 in one case Rebecca mandal alleges that after being invited to a non-existent party Orin and Alan assaulted her with Al holding her down while Orin penetrated her another woman Kate Whiteman alleges she was raped by the twins at sir Ivan castles in the Hamptons after being forced into a black SUV and driven to the location Adam these guys are from Miami what do you know about the story cuz I’m going to give my version of of it away in a minute my story but what do you know about these guys so uh full disclosure uh I know these guys I know their whole family uh they grew up in Miami um I’m not friends with them I don’t have their phone numbers uh have I been in the same room as them tons of times um there this is the biggest Story in real estate by far um and this story’s sort of been trickling out over the last week or so right pbd um first I saw it in the real deal which is a specific real estate publication I saw it on Instagram and then all of a sudden people hey bro like what’s going like we run in similar circles you know um started messaging me oh this is not good three women five women oh man then it went to 10 women then it went to the latest count 30 different allegations and I’m using that word specifically allegations because we don’t know what is true and what is not true and if we learned from other friends that we’ve spoken to interview people that we spoken to we don’t ever know uh what’s true and what’s not true in these allegations um but then it was in the in the New York Post and then as of yesterday I believe it was in the New York Times And The Wall Street Journal and then I was like uhoh uh this is now officially a massive story so here’s what I can tell you there’s a few different things here um most of the stories that you’re hearing go back to 2010 to 2012 and a lot of them are in New York speciic specifically in the Hamptons why New York and the Hampton even though they’re from Miami they left Miami they started um working in real estate in New York uh by the way in the past 10 years I think five out the last 10 years they the number one real estate team in the country they were part of Douglas Elon uh they’ve I think they’ve sold s billion dollar of real estate over the last 10 years I say correct me on these numbers you know real estate you talk about commissions we have that conversation if you take 1% which is a low commission for $7 billion $7 billion that is $70 million in commissions so imagine if they got 2% whatever they’ve made tens of millions of dollars in commissions no doubt um New York specifically New York Kathy hokel the governor um in 2022 she came out with something called the um adult survivors act where basically um it has to do with the statue of limitations because this again this is 105 plus years ago um that they uh allegedly did some of these stories so um here’s what I can tell you for sure they have marketed themselves as the most high-end luxury top realter high-end in the country by the way they have the record for the uh most expensive home ever sold they sold it to Ken Griffin the hedge fund guy we’ve talked about in New York I think for $225 million yeah uh check those numbers Ken Griffin in New York this is um insane but then it during covid there it was 238 there it was right there it was the most expensive home ever sold in the United States um four floor Mega condo so to talk about these guys are with the Who’s Who and the elite and the billionaires uh would be entirely accurate so this isn’t some just you know random allegation this is even like a tate situation that’s in Romania this is the high-end people in the New York the Hampton and Aspen um so what’s my point on end is this a hit job is this uh a money grab you know after a handful of names okay maybe 30 how serious is all this uh then it makes me think of you know choose your enemies wisely who are their enemies look there’s a lot of people out there in the real estate world that want to see these guys go down it’s a doggy dog world it’s competitive world out there there’s a lot of happy jealous spiteful competitive Realtors out there that are saying all right um my turn now because one thing for sure depending on what these allegations turn out to be who’s ever going to work with these guys again they’re now fighting for their lives forget about their career forget about their reputation like their lives last point I had I’ve never been to the Hampton I’ve actually never spent time with the Hampton despite going to New York a ton of times there’s this guy called Sir Ivan remember that name uh he’s known as the Hugh Hefner of the Hamptons there it is right there now he would throw these wild wild sex parties and orgies and romps and be very open about it there’s the Hampton’s Castle you’ve heard about it Tom you ever been no I’ve never been but I’ve heard about s’s Castle he’s a member uh apparently the guys had Tom just tell us Tom you’ve been to the castle Tom you saw how he got happy he was like I have the gold key it’s like this Game of Thrones esque Playboy Mansion The Hamptons and allegedly uh the boys had their own room here so um when you talk about partying we talk about sex drugs rock and roll this is what’s going down the Hampton so uh this guy Ivan you know retroactively has now come out and said uh the Alexander brothers are no longer invited to the the parties yeah no guy just cover your own ass uh what I’ll say is this uh let the facts play out let’s see what happens here these are serious allegations um and the number one guys in real estate um are really in some hot water here and we’ll see what happens go ahead pbd this is just the latest chapter of people in power with influence behaving terribly badly and now at all shows up that through the ‘ 880s and ’90s and the OTS you know it was drug sex and rock and roll and there was very little consequence and yeah you know Governor hokel passes this bill that caused some people to run to the microphone with salacious fake stories claiming suits looking for money chasing money and other people that said wow you know I’m going to come forward here because I was injured I was injured by all this Les moonves all those people came forward you you look at um Harvey Weinstein you know he wasn’t found innocent there was a they have to retry the case and there’s plenty of evidence there and still guilty in LA but this is people of power behaving badly and now it’s coming home to roost yeah I mean listen you get one rape allegation it you know you take it seriously the the state and and whoever is RA my audio is super low right now for whatever reason just lowered in the last 10 minutes um you have to take it seriously if it’s one but at the same time you know you can jump to conclusion and and then you realize uh uh this one person says rape is uh not what you think it is it’s not physical it’s it’s it’s a fantasy sounds and E Caroll or whatever her name is Right says something like that then you get two rape allegations all right man come on man you somebody comes and tells me Vinnie you know Vinnie hit me one of your exes okay and you’ve had 10 exes let’s just say okay and I’m like listen stop it then second X and 3DX and fourx if all of a sudden 7x’s tell me you’re you’re hitting them Vinnie you’re probably hitting them okay there’s some kind of credibility there if if you had 10 businesses you start if half of them fil bankruptcy you know there’s a problem there you got 30 allegations and people coming out we didn’t say I I read the story when it was one we kind of read it when it was 5 when it was 30 we’re like listen this is this is out of control uh 3 years ago this was three and a half years three years three years ago Tom I think you even remember this I was looking at this house Rob if you can pull up the one I sent you this is the house I was looking at in bokeh Adam did I even take you there or no I didn’t go with you but I I remember I looked at this house this is on Rober mall with the grass on the road yeah we went to looked it was a $25 million house in bokeh and pull up a little bit Rob so we can show that’s the house no no like the picture so that’s the house we probably looked at this house times five six times okay real nice place corner you know inter Coastal bokeh the whole nine beautiful nicely built guess who was the realtor Orin Orin Alexander so he comes in and he has it on the market for you know 25 I make an offer for 17 million bucks okay he rebuttal with whatever number that he rebuttal with you know $245 million okay here’s what I’m going to I’ll give you $245 million great I come back and I said I’m out they call and they say no no no why is he out we’re said no I’m out I’m not playing this game $500,000 this is not a $25 million house sitting on a third of a lot or whatever the size was yeah fast forward I meet another person who’s a realtor in Florida her name is Sonata sonata’s actually been on the podcast podcast in they’re part of the same company yeah these guys were number one I think Sonata is number three or number five in the country phenomenal what she does she used to work for Trump for for 5 years VP of marketing or VP of something she was a she I love her know she look like if if you see her you you know she’s been on MBC she’s been all over the place yeah so anyways so she said hey you know maybe we work together to try to sell you this house I said I I’m not going to go that high the number I’m going to make I’m not going to sell this house for that much I said maybe I’ll go to a number we’re having lunch at uh L’s okay you’re with me at loves yeah and it’s me you Mari and one other person I don’t remember who the other person was I walk out I come out and I said look if they go to this number I’ll do it anyways eventually they play a little bit more games I’m out again but this time I’m permanently out we go to a event in Florida for cart don’t want to say the name I’m just saying I invited you we went together you and I beautiful home everybody’s there it’s a small invitation 10 people are in the room they’re selling $5 million comic books stuff like that it’s not a loow very very highend highend you can get you can get yeah and he shows up okay now this is when I realize he’s got a little bit of douche stuff in him and he comes in he says oh hey you know you could have bought that house we sold it you could have bought the house mhm I said yeah you could have got a couple million dollars more than what you sold it for but my initial offer is what you sold it for cuz Real Deal announced you sold it for $17 million wow and then he walked away oh weird so I don’t know who this guy is I’ve been around the block when you’re around different guys that have certain energy that they give that’s just annoying maybe he’s just annoying is what he is and super arrogant I don’t know I’ve been around guys like that that uh you know they’re competitive they’re good at what they do and in the real estate world real estate ATT tracks people like this who do very well in regards to the 30 rape allegations and all that stuff this is how much I know about it nothing okay I’ve never uh been around these guys outside of those two experiences that I had and even when I walk around and I’m trying to buy a house or a property I’ll typically probe the individual to get to know who they are what they’re all about tell me about your family tell me what you’re doing tell me where you’re tell me where you’re from what’s your story how did you guys do it and I’m probing right to kind of get to know who they that is the only experience I’ve had with this guy but the Market’s going to decide lawyers are going to decide what’s going on but 30 is a 30 is a valid number yeah and I remember all those conversations I remember the the negotiation in bokeh I remember you know sending some text messages kind of being a part of it I’m actually grateful where you ended up buying the house I think you’re very happy with the decision I think that’s all that um but this is I think a story of your past mistakes can haunt you what do I mean I a conversation yesterday with a very credible Source who was very close with these guys and I would consider myself very close with as well he said I could tell you in the last 10 years I’ve seen none of this behavior um what’s the reality these days all three there’s three brothers that are involved in this two are twins and one uh two are in real estate one is actually in security um they’re all married one of them has kids um they’ve all been married since Co they made made a ton of money since Co they’re living I think I believe all in Miami at this point um but a lot of their reputation is big ego narcissist sort of being douchy I get that but just because people don’t like you you don’t get along with them doesn’t mean that these allegations of course remain true and that that’s not what you said at all pbd I’m just say I’m just tinguishing with the two what I’ve understood is that a lot of these stories stem from this sex party situation at this guy sir Ivan’s house mansion castle in the Hamptons so he’s going to have some explaining to do I think he they’ve already subpoena him um we don’t know what happened but these allegations are well I showed you and Pat I already saw this story since we’re on famous people and rape the uh Aly David the the heir to Coca-Cola Greek billionaire guess how much he has to pay this Jane do the jury just said $900 million for allegedly harassing and raping a girl over a three-year period $900 million I mean dude rape horrible I he’ll pay for it if he doesn’t atone to God but that is the biggest assault verdict in the not you basically just say a billion dollars for raping someone that I don’t even think he’s worth a billion dollars I know he’s got money don’t get me wrong but is that not like I I thought I was I thought was I was reading it wrong but a 900 million apparently um yeah the GRE Greek billionaire have to pay pay the woman identified as Jane d a lawsuit of whopping 9 mil for allegedly harassing and raping her over a threeyear period it’s so despicable the facts in this case he raped my client while on trial in another case Gary Doric toward the Los Angeles Times that is that’s all he’s worth right there is 2 what was it Rob 2.3 I just saw one that’s at 50 million one that’s at 1.9 one one they say he’s the heir and hologram like what is his air when they say he had the Tupac he had the Tupac hologram I believe oh that was him this is the guy that had the Tupac hologram if I’m not mistaken and he was married to a girl named Jennifer stanos Jennifer uh um uh uh stanos stanos Jennifer something go and but yeah you’re right he’s he’s hologram USA is uh the company and she was a model for several of his companies I think uh one last thing I’ll add is you know there’s allegations um then there’s Court decisions and there’s what turns out to be true um you know even uh there’s another story in the right here Matt Gates uh they’re coming after him for sex and Drug allegations um and I don’t I don’t know what happened there and I’m not insinuating anything that has nothing to do with these stories but these stories if you do stupid um things can by the way by the way here’s a part though here’s a part that matters okay one night uh me and my friends in La I had just gone out of the army I’m 21 years old we go to this one party and a lot of the guys that I you know we used to spend time with a lot of gangsters and people like that were over there and and I’m like listen guys moving forward I can’t come to these parties you can’t invite me to these types of parties I’m not coming to these types of parties anymore and it was mean and three other guys outside I can tell you all their names if they see this de remember one of them is dead the other two are still here with us and one of them says whom I love I I just had a conversation with this guy three weeks going look like pad what are you talking about man we’re just regular guys we’re just hanging out I’m like nah I can’t I can’t do this so the point is sometimes you have to be careful how deep you go into you know uh uh with certain friends that you’re hanging out with if I’m friends with Tom and Tom’s friends with another guy who has a rep for doing stuff that’s super super problematic and I’m hanging out with him and so he’s there as well you just have to be careful you you just you have to you have to truly pick your friends in a very intentional way especially as you age I’m at a page right now that I’m picking friends based on who I want to be around my kids and how they speak and what language they freely use and all this other stuff let alone when you’re in your 20s you have to pick friends for complete different reason that you’re comfortable with them being around you cuz how they could directly or indirectly impact you remember what sh Knight said about Diddy now never forget what shite said about Diddy he said Diddy wasn’t born wanting to do this stuff to boy exactly he was someone taught him yep and who’s the name he gave name C Davis Clive Davis oh get out of he say yeah he says Clive taught him was Clive or what was it wait wait I don’t want to mess up the name what was his name you can go pull up who he said his name I I think I messed this up once I don’t think you did the the uh I’m going to make sure it’s Clive no he said Clive Davis yeah you’re right it was Clive Davis he said Clive Davis I said the actor once people got really cve Davis he says you’re taught so these guys doing what they’re doing if they did they were taught who did they learn it from is it hanging out with that guy maybe and you know there are certain things that are cool and all this stuff while you’re going through it try to get this kind of cool stuff out of your system as quickly as possible because you know it can totally destroy your life anyways I want I want to transition I want a transition next um money can’t buy happiness it’s actually the other way around happy people are more successful in life expert says to CNBC a money.com survey found the average salary Americans believe would make them happy is 94,6 196 but happiness expert Tammy Muller asserts Happy people make more money have better relationships and are more successful in life not vice versa social scientist Arthur C Brooks emphasizes that money doesn’t is this the same Arthur C Brooks that wrote a book about capitalism can you type up Arthur C Brooks I think he is the guy that wrote a very good book on capitalism maybe it’s not the same guy so Arthur C Brooks emphasizes that money doesn’t buy happiness unless it’s used for experiences gaining extra time or donating to others instead happiness comes from building strong social connections and finding purposeful engagements research includes including a 2005 survey of 225 papers indicates that happiness leads to success in areas like income and health Muller concludes happiness is the thing that actually causing us to succeed urging a focus on happiness first which then leads to success yeah right there the road to Freedom is all about capitalism this guy’s a very good author by the way Tom thoughts on the story it’s absolutely correct because you know it says that results follow attitude um you have you bring into anything you do whether it’s a relationship whether it’s a job you have an attitude and you have your skills and when it’s it’s a great positive attitude and you’ve got good skills guess what money will follow how not billions of dollars but you’re probably get a better bonus you’re probably going to focus you’re probably going to be a better guy and better woman and better it to work with um and I think this is absolutely true you know what were we talking about just on the other podcast that uh poor people take a 100 Grand and buy a bunch of things that they think will um uh increase their standard of living or their perception about other people um and you know then the next level people take $100,000 and they invest it and there you go yeah um that’s why lottery winners we’ve talked about this actually I think we haven’t talked about this in probably two years where um California studied the first uh several Mega Lottery winners had all that money four years later they had addictions and there were suicides so the money didn’t buy happiness it actually isolated them from friends they quit jobs lost relationships it made things worse uh this is absolutely correct the most valuable thing you can do is go back to the principles and you find them in faith Traditions I find them in in the judeo Christian Bible and you find them in great writings you know how to win friends and influence people who was actually a Christian Pastor that wrote that Norman Vince Peele happiness coming first how to infs and Influence People is Dale Carnegie The Power of Positive pos positive think I’m sorry sorry sorry back yeah and Trump used to go to his church but go ahead keep going no but those two it so I would say you get you get your attitude first you add skills to it success will follow yep Adam yeah well uh I love this article you remember the scene in The Boiler Room when Ben Affleck comes in he starts talking to all the guys and he throws his keys to his Ferrari on the floor and he goes uh they say that money can’t buy happiness look at the smile on my face ear to ear baby uh any anyone that says that money can’t buy happiness is poor right um he used a different line but exactly doesn’t effing have any doesn’t have any exactly so the reality is he’s mostly right the problem that he had is that he attributed money to happiness to materialism and there’s actually scientific evidence that shows that materialism is fleeting that it’s a sugar high when you get a new car when you get a new wash when you get a new clothes you feel cool for a minute uh but then it’s fleeting and then you want to get something else you want to get something your when you get a new CIO gold water watch get a new C gold watch it see B deal keep a big deal but um the reality is uh money is a tool it’s uh energy and it’s um a medium of exchange that enables you to do what you want to do in your life it’s an enabler a good kind of enabler um what I love about this article he talks about money and happiness being used for experiences gaining extra time and donating to others I always talk about you know the big three things in life health wealth and happiness we know what health looks like we know what wealth looks like but what is happiness look like I often say that happiness is having meaning and purpose to your life and not just talking about it being about it not just saying things actually doing things and as you’re doing those things and you’re accomplishing these things you know and you’re becoming confident you develop confidence and you start to say oh like I’m actually good I’m happy I’m I’m I’m working on what I want to do and I’m accomplishing something that to me is happiness so um does more money uh enable you to be happier yes because it enables you to have more time on your hands do what you want to do and spend the people you love and help the people you love if it’s just about materialism happiness won’t be there for you Vinnie I no I I I agree I think uh you know but but but there’s a flip side to it the people that never had anything that that get the money then that’s a completely different story don’t you agree yeah they never had nothing P then they get all this money they’re freaking happy when you have absolutely nothing and then you get it all I think it’s a whole different story you worked for it or you were hand you worked you know you worked your ass for and then you get it then it’s a different story no no no if it’s if it’s a lot of work and and the experience of when a when a group of people sets their minds on a vision and a prize to go after and it’s so much hard work and it takes years to get it it’s an unbelievable feeling when you experience it right to me it’s not about happiness and and you know back in 2008 when a market crash happened you know what was the most common word used in book titles the word happy cuz everybody wanted to be happy it was the top title of books everything was about delivering happiness happy this happy that happy happiness Happy Days everything was about the word happy in movies now man I’m I’m not trying to be uh happy I I I want to be fulfilled is what I want to be I want to be in a position where I’m in pursuit of something special to uh uh sit there and be proud of the work that I’m doing now personality there’s an attractive personality component where when somebody has an attractive personality last night we were having a conversation with the kids and the conversation was about obnoxious being obnoxious and he says you know we’re talking all the kids are in front of me Seno and Dyan I said I said the you can love somebody and not want to be around them because they’re purely obnoxious you you don’t want to be obnoxious because if you’re obnoxious you avoid you you miss out on a lot of opportunities and a lot of opportunities are simply because people don’t want to to be around other obnoxious people now you may say well that’s just the way I am great stay obnoxious and you’re going to be having other obnoxious people around you if you have if you if you if you have somebody that’s super grateful happy Pleasant personality fun to be around everybody that there’s a lot of opportunities that come that person’s way I used to in a way you work with when you give leads like let’s just say you know I have a client that you know wants to roll over $100,000 and I give it to one of my agents and he’s like yeah hey when’s the next time you’re going to give me a lead I Clos it for you by the way I closed it for you like he did me a favor you just made $44,000 then you give another guy another lead and he says the following hey man just want to let you know I never expect any referrals from you because you done so much for me and I thank you so much for this referral okay because of that we were able to help them out they’re very happy I appreciate the commission guess who I want to give more referrals to the second guy he not even close so one is entitled arrogant closed it for you oh my God I would have never made it in life without you buddy like that whole concept like people want to do that no it’s it’s the attractive personality so to me I don’t know if it’s really happy people make money it’s a little bit of an attractive personality that you know grateful I would actually replace happy with grateful yeah I I would say grateful people attract opportunities there’s something very you want to do stuff for grateful people you want to go above and beyond for grateful people I you know you give a gift to three people one kid one guy says that’s it uh by the way you know how you go you go to weddings you give gifts and nobody says thank you to you like I least say thank you yeah you don’t send a thank you card yeah you don’t say hey thank you for one of the first things Jennifer does you know why kids can’t open gifts when they get gifts on their birthdays do watch Jennifer’s system do you know Jennifer doesn’t allow the kids for their birthdays to open their gifts without her being in front of them do you know why why because she has to write a note what the gift was to say in the C thank you so much for the Barbie set that you gave to Senna yeah yeah and some people are like yeah I mean I thought I was expecting like a $500 gift I thought you were going to give like this kind of a gift no so I would replace happiness uh seek gratitude not happiness gr grateful people I think live more fulfilling lives and uh are more attractive than just people that are seeking happiness cuz it’s happiness could be high it’s like cocaine let me get my next H high of Happiness let me get my next quick you know happy let me get my next oh mat I’m happy oh I’m not happy oh I’m happy I’m not no it’s it’s not healthy for you dopamine grateful grateful gratitude yes uh real quick I I remember I used to always have to write thank you notes uh for a gift these days what’s didn’t we tell a story about that the guy that sent a t text message to his grandpa like hey thanks Grandpa did you call your grandpa story it’s like you’re just texting Grandpa it’s like uh kids are you know not not as grateful these days but I’ll tell you the one thing that I remember from the Tate interview the second time when we flew to Bucharest and we spoke with Andrew and Tristan and I think you can appreciate this he said you know the best part about having money it’s remembering when you didn’t have any and being like damn you remember when we used to be like the story you tell about how you used to make your own ghetto ass lemonade I remember that I remember like I would do anything for five bucks when I was 20 like anything you know 20 bucks 20 bucks right Vinnie um but uh remembering when you were is is the best reminder of where you are you know they say that money um exposes or reveals who you really are if uh you get money and you’re a piece of you’re still going to be a piece of with money if you get money and you’re actually a good person you’re going to be a good person with money when gratitude friends friends from high school those who were always negative mhm they’re still broke and miserable mhm so I agree the friends that I had who were always grateful mytic they’re very successful today gratitude is key happiness is is fake if you seek happiness you you may be fooled and waste a lot of years of your life all right Tom I’m coming to you with this one here pay TV is in so much trouble that even it’s one bright spot is dimming so what are they talking about let’s take a look because this I got three articles back to back to back streaming Top Broadcast cable viewership by double digits in May Newsmax lost $42 Million last year and I save the company you know what they’re going through there’s even one about YouTube you know talking about the fact that YouTube is destroying you know Netflix but let’s go to this specific story here on uh uh on what it’s talking about so here we go pay TV subscriptions continue to decline rapidly with a record loss of 2.3 million subscribers in the first quarter of 2024 marking a 6.9% drop Analyst at Moffet Nathanson described this period as the worst the pay TV business has ever seen as younger people avoid signing up and existing customers cut the cord digital pay TV services like YouTube TV Hulu live TV fuboo sling initially thought to offset the decline of conventional providers are also losing subscribers uh they estimated that YouTube TV lost 150,000 subscribers last quarter its first ever decline indicating that every even newer platforms are struggling the flexibility of digital TV services which allow easy addition cancellation contributes to subscription churn this trend has led the TV industry to push for long-term contacts similar to traditional cable TV models to stabilize their subscribers base as evidence by the fluctuation linked to seasonal content like the NFL Tom well guess what cable and satellite are are not dead but they are dying ugly deaths um Direct TV lost the NFL and that used to be the anchor if you wanted all those NFL games you got Direct TV and you get every single one of them and then the NFL said but we’re going to take these off Direct TV we’re going to take those off Direct TV we’re going to do Sunday night football Thursday night football and so it all gets spread out so what has happened is cable and satellite you know for people over 45 was automatic you automatically had A50 to $75 subscription for cable and satellite we all remember it it was a I agree with you Tom it was like totally thank you very much it was like the second I think you’re making a great Point here Tom perfect yeah I do have great points thank you very much Adam the um the first thing you did when you got into a house you got the power on but then you had to have cable on remember that you had have cable have a phone now it’s a mobile phone and you don’t need that so the new generation they do not wish to spend $60 a month $70 a month of their entertainment Budget on a box of programming they want on demand that’s why they go with Netflix and they are moving some of their watching from cable to scanning Tik Tok and music subscriptions so the new generation that’s under 50 years old 45 to 50 is the line I was reading they they consume entertainment so much differently and that’s what’s Happening Here and Now everybody thought this is great we got Hulu we got YouTube TV this is the voice from the industry yes now we don’t need to put out those set top boxes everyone doesn’t have to get a set top box they’re just going to pay us $70 through YouTube and we’re going to put ESPN Discovery you know pum the Cooking Channel all things and guess what now it’s changed and now guess what Hulu and YouTube TV are actually losing subscribers losers as the as the new generation says I want Netflix here’s the big three they go after they go Netflix yes for this a music subscription which is increasingly Spotify or apple where they pay 15 bucks or so and then they want scan on demand and that’s the article I read it was called scan on demand and guess what they’re scanning on demand what shorts on YouTube and on Tik Tok those hours that would have been spent what’s my favorite for people would watch three or four series people used to watch the other thing I read interesting people used to be into three or four series on network TV you would watch friends then you would watch ER right you were into it now people say hey did you see Game of Thrones I’m I’m really into that did you see Ted lasso and apple I’m really into that and they’re not into three or four they’re into on demand and they’re spreading it around and it’s a generational cliff and it’s leading to uhoh the alarm bills are now going on in PTV and they thought streaming over the top was going to save them but it’s not Tom I’m fully with you I’m not into 304s question um how often legit do you just Netflix and chill you’re just chilling doing your thing that’s a that’s a private question I mean first of all the guy’s married your problem asking is Kim forgive Adam how often do you guys watch Netflix is what he’s asking chilling is private it’s just well we have a Netflix subscription and we also had Disney plus with CPM plus but for us it’s appointment television we don’t sit and vegetate if we say hey let’s watch a movie tonight what are we all going to watch or hey tonight hey Dodgers are on Sunday Night Baseball let’s sit down and watch it it’s appointment television that’s very intentional we don’t just sit down like American did in the’ 70s and ‘ 80s and ’90s and just kind of couch potato and scan back and forth you schedule TV time yeah well yeah we’re intentional but it’s not like we schedule it like it’s written on a board somewhere but it’s very intentional in other words we don’t flop down after dinner and just vegetate popping back and forth on channels the way Grandma Grandpa and aunts and uncles did when they had cable what did you see growing up Vinnie oh with my parents or just us was it kind of like that no no no no walk in on yeah no it was my d no when my mom and dad my I mean my dad would come he just drank and smoked so he’ just come home and we’d sit either we watch uh the Yankees or we watch football or anything like that definitely never watched any CNN thank God they were not uh political but we would just watch like George Carlin specials and stuff like that and my dad would just sit in front of the TV it was work all day come home sit in front of the TV and we would watch whatever the hell he was watching nobody dared to touch the remot and we in the late ’70s they coined a term the couch potato potato that’s what my dad was where you just sat on the couch and got big B and stry with alcoholism and smoking cigarettes that’s why people used to consume TV the new generation does not do that they consume it on their mobile phone they consume it on their laptop they’re they’re away from it and they don’t just sit down and and just watch all night and and now the industry is seeing cracks in the floor and uh that’s what’s happening so Adam I think what Adam asks the question because he wants to tell us what he watched what did you watch tell us did you watch Friends did you watch Melrose Place Beverly Hill 9021 are all those when you wake up in the morning and say by the Bel hold what about Three’s Company all Z Morris was the coolest kid in school later I like AC but go ahead uh yeah I liked we’re talking about this I liked um Beverly Hills 90210 I liked the Melrose plays dude In Living Color in the 90s forget about it oh for sure Comedy Jam that’s where I first saw Vinnie for the first sign yeah table of four I think Rob’s a huge guy these days I have literally no Netflix no nothing zero I just watch YouTube did you watch thre company what’s that with uh John Ritter and he very old show oh my God but like he moved in with these two girls he fell asleep at a party he wakes up they need a roommate he has to PR that pretend that he’s gay for the entire series oh that’s a great show I remember this one oh my God he the blonde girl Susan uh uh the girl Susan no Susan Summers Susan SU she pass away by the way these were thought she passed away she did but the blonde girl for the for the older generation that blonde girl was like every go cuz she would wear tight clothes on purpose we would all droel over he had to pretend that he was gay and his friend the neighbor Larry was the biggest pervert he just come over and try to have sex with everybody yeah it’s like Larry get the hell out of here and and by the way the the landlord hated him cuzz they thought he was gay dude this show you’re really fixated on this because this show wouldn’t last this show would not have be airing today there’s actually be gay by the way did you ever watch uh Family Matters Steve IR I watch all of those you remember when he get cool and then he’d be like Stefan URL I could see Tom doing a thing like he’s Steve urle one day and then he’s cool Tom he’s the bisoc now yes B St all right let’s go to the next story to story Rob I want you to pull up the boing uh CEO with I think it’s Josh Harley if I’m not mistaken oh it’s one my favorite exchange how much money did you make 30 3 million you got to see this folks so boing SE apologized to families of Crash victims at Senate heing and it was an interesting one you have to see this one here let me read it and I will watch the clip so uh boing Co David Callahan apologized to the families of the crash victims during Senate testimony especially specifically addressing those who lost loved ones in the 2018 Lion Air Flight 610 and 2019 Ethiopian Airlines flight 302 crashes he stated I want to personally apologize and on behalf of everyone at boing we are deeply sorry for your losses nothing is more important than the safety of the people who step on board uh our airplanes Cal Callahan Calhoun testimony followed a recent incident and ongoing investigation the hearing comes after a Boeing 737 Max 99’s door plug blew off during an Alaskan Airlines flight in January which Senator Richard Blumenthal described as a symptom of boing’s broken safety culture several whistleblowers have reported retaliation for raising manufacturing and quality concerns but new allegations presented to the subcommittee go ahead Rob what is it that that you get paid currently this guy’s such a beast Senator that’s uh welld disclosed in in our proxy documents uh in each of the years that I’ve been employed yeah but what is it it’s a big number sir well let me help you out it’s 32.8 million this year does that sound right yes it does that’s a 45% increase over last year does that sound right yes it does what is it you get paid to do exactly what would you say I get paid to run the bo company yeah yeah so just help me understand that I mean do you get paid for transparency is that is that part of is that one of the metrics question for your income I think the board counts on me for transparency really because you’re under investigation for falsifying 787 inspection records the Boeing’s under criminal investigation for the Alaska Airlines flight you were investigated by go by doj for criminal conspiracy to defraud the FAA this is all in your tenure this doesn’t sound like a lot of transparency to me um what about uh safety is that a component of your salary it sure is Senator you know have you seen the reports that the subcontractor that you use to make that door piece that fell out of the sky that when the FAA went and toured the facility they found one door seal being lubricated with Dawn liquid dish soap and cleaned with a wet cheese CL jeez and another was being checked with a hotel room key card does that sound like safety to you this guy such a beast who’s that girl on the left first first off can you wait one second whoever that girl is on I don’t even know what her eyes look like but beautiful lower half anyway um P what’s going on with you she’s beautiful and and then PD you know he apologized right so he he he apologizes to the families of people who died in crashes uh a lion airf flight uh 610 off Indonesia in 2018 and Ethiopian flights uh 3 2 near Addis uh uh Ababa in 2019 uh in the manufacturers of the planes while members of both parties were grilling him this is does he turn around the one that I send you he gets up and this is the one where he turns around apologize go ahead and they all have pictures and photos and stuff check this out before I begin my opening remarks I would like to speak directly to those who lost loved ones on Lion Air Flight 610 in the Ethiopian Airlines flight 302 oh he actually yeah this is it he gets up and turns on well he has to do it Rob I would like to apologize on behalf of all of our Boeing Associates spread throughout the world past and present for your losses their gutr and I apologize for the grief that we have caused and I want you to know we are totally committed in their memory John Barett wh a blow and focus on safety for as long as long as we’re employed by both so again I’m sorry so and just FY you guys see that that’s the Whistleblower John Barnett which one is that John Barnett is the guy on the left P that committed suicide shirt is he wearing no not the shirt he’s on the photo oh got it his mother and his brother that mother and brother so so whistle this is what else was said in in the testimony he said uh that uh the whistleblowers the ones that are still alive said that Boeing is cutting every possible corner on quality and safety uh they eliminated safety inspections that are uh with fewer inspectors doing quality inspections uh the whistleblowers raised quality issues and concerns they were reassigned uh they were retaliated against and they were physically threatened so if they were physically threatened uh threatening whistleblowers who’s to say that those three is it two or three whistleblowers so far that have been that died one randomly with some random disease and the other guy that shot himself in his car after he had to tell the truth it’s kind of weird if if that’s a type of company that threatens people publicly they all these people alleged it all these whistleblowers and it’s it was said in Congress if they threaten physical violence who’s to say Pat I know we had the lawyer here who’s to say that they didn’t do what they did to this guy allegedly you know what I’m saying I don’t trust them Tom there’s two things here that were very striking to me on one side you have Josh Holly who’s absolutely grilling this guy um uh by the way his his 17-year-old daughter there’s been 12 guys that have tried to take her out in the date they never get past the front door I wonder why that is yeah weird like to meet my dad Josh Holly son can you come in here I have a few questions no I’m good I’m good um and you have two sides to to Boeing here the first side is you got the commercial Aviation side uh which is airplanes that we fly in the second side is they are one of the five large defense contractors which has rolled up almost a thousand small defense contractors in the last 20 years and I believe those two numbers are correct and so on one hand Josh Holly is grilling him over the commercial airlines on the other hand the United States government is giving Boeing billions and billions and billions of dollars a year for military aircraft for missiles for bombs for all this other stuff and so it’s shocking to me that for the sake of the public stock because they didn’t set out to cut safety they don’t you won’t find any emails anywhere in Boeing that says we’re cutting safety they said hey we need to make more money we only need two inspectors here not four but wait a minute we can’t we can’t complete the safety inspection no no no just make it two inspectors not four they were cutting cost and cutting corners and in the end that’s what cut safety so that’s what what happened here and so I’m I’ve always been of the opinion that there are there’s too much of a moral hazard and there should be certain organizations that are not public on the stock market because of the moral hazard and this is one of them and this is one of the things Airbus and I’m not praising Airbus because it’s the center of international bribes um European Airbus and all the Consortium of compan that have actually competed you know um you know unfairly against Boeing which has led Boeing to cut coroners and do all this other stuff which they shouldn’t have been doing but it’s this this is shocking to me that it took it because this is not the first hearing Boeing has had there have been other hearings and these people sat in the audience behind them with the pictures of all these precious people that died in those two crashes of the 737 Max so hats off to Josh Holly for bringing it forward but we got to remember who we got there you know Boeing is a is a is a Hydra it’s a multi-headed Hydra and by the way this is this was uh two days ago Rob yeah the 17th the 17th yeah I want to say something here okay so what did Josh Holly say he says your salary is $32.8 million crazy and then he asked them what is did it not increase by 50% over last year and he said what yes Rob can you pull up boing uh uh market cap this year and then go boing market cap a year ago okay right now it’s what 107 all right what was it a year ago 157 billion doll M they’re down for the year 32% okay so now obviously if you look at 2023 they spiked back up why did they Spike back up covid people are back to Flying I remember on TSA used to report on The Daily flights how low it was and how it got back up but here’s the thing on one end this is where capitalism gets confusing when these large corporations are ran by guys like this you have a Delaware judge that almost prevented Elam mus from getting a check that he earned for raising the company’s market cap from 59 billion to to $650 billion in six years and they didn’t want to pay him the money where he grew the market cap of the company he Inc increased the value of the business yet this guy gets a raise 50% and the company dropped 33% as a shareholder you have the right to ask the question to say why is something like this happening and you’re not doing a good job the these are the types of questions that I I think about for a guy that’s income’s going to 30. 32.8 after everything that’s going on it’s a little bit um frustrating for anybody that’s a shareholder that actually uses boing to travel big difference between him and Elon Musk uh Adam did you have any before we go to the next story so he’s interviewing Josh Holly shout out to this guy he’s grilling the the CEO of Boeing right he ask him how much money do you make $32 million and then from the scene in office space remember that he’s like so what would you say you do around here uh would it say it’s fair to say that your job is to basically uh make sure that these planes are safe yes that’s my primary job he’s like so you’re rather than using nuts and bolts you’re using uh dish soap and credit cards oh yeah that’s accurate the reality is this guy became the CEO in 2020 was there a worst time for Airlines they’re looking at their stock price plummet they’re looking at their Market capat plummet and he’s like all right we got to save money we got to cut corners and just look at the reality there was more concerned with the stock price going up than keeping the planes up in the sky and Boeing is now tumbling and falling to pieces and this guy deserves every single grilling that he gets from Josh Hall how long do you think do you think they fire him Pat how long till they fire him this guy the these types of uh size of companies they don’t fire that quickly they they they they have contracts typically they’ll hire somebody on it’s threeyear contracts 5e Tom you can correct me here they’ll typically sign guys like this through contract that you’ll have and if they fire him they have to pay the rest of the 18 months of whoever it is you’re firing so it’s not like it’s a cost immediately if you fire the guy Tom and the board of directors is ultimately responsible and usually the CEO is on the board of directors is often the chairman so if it’s it becomes like um and this phrase is used becomes What’s called the Mexican standoff right where we both both have a gun on each other and you know if you shoot me my reflex is going to fire and and we both die so you have oh you’re going to you’re going to toss me for this you’re going to throw me under the bus for this you guys on the board knew this you approved this we were all together here I’m going to bring something up here and then all of the tort lawyers come out and all the the the um you know the the corporate malfant you know expert come out and so you have a little bit of a Mexican standoff Pat right you come to the ex ofit and you go hey Calhoun look we got to make a change here you’ve got your contract we’re going to pay it out we’re going to they just paid him $6 million in bonuses after the two planes went down to stay through the crisis at Boeing so if you think the guy’s going to get fired the two planes go down and then they give him a bonus to stay on so he gets rewarded for planes going down think about it who the hell wants that job that that he turns around and has to apologize to the families of dead and whistleblowers but by the way remember they now have a new chairman of the board and that’s David Calhoun okay that’s him uh uh that’s this guy no no no Steven Mullen my apologies Steven mov David Calhoun is a CEO Steven Molen comp is uh uh the chairman of the board so they’re making some changes on the tapen who Steven malen comp is yeah so boing’s new chairman Steven malen told shareholders at the company’s annual meeting Friday that he has consulted with investors and customers on Calhoun successor okay so they’re kind of going through the process can you click on it real quick can you click on that article Rob so zoom in a little bit I think you were reading the shareholders reelected coo David cin to the board of directors of preliminary tally on Friday shown as he sought to reshare manufacturers path of stability and at this Calhoun and Mart said he will step down by years’s end months after a door plug panel blew out mid-flight from a boing 737 so boing’s new chairman Steven malanov told shareholders at the company’s annual meeting Friday that he has consulted with investors and customers on Calhoun successor proxy adviser glass Lewis has recommended that shareholders vote against Calhoun and two other board members interesting so similar thing that’s going on with Disney boing is going through right now and sometimes you bring a chairman like this and his main job is to lower the temperature and find a replacement so I I guarantee you melanc malen comp’s number one job right now that the board expects them to do is to find a new CEO that’s what they’re doing right now looking for somebody so Vinnie if you’re looking maybe submit your I want to say anything I’m not going to be I’m just saying it’s if you you think about it I mean you can do better than he is for for for you go out there helping with BS guys get it tight guys let’s get get the dis so Rob can you get that clip ready uh MSNBC analyst suggest black voters shifting to Trump because of ready thisinformation you know that’s an insult I I I’ll give you my view on how I read that uh Mara of New York Times suggested on msnbc’s Morning Joe that’s noting that black men may be attracted to trumpism more than black women and that this mirrors Trend seen in white voters gay highlighted not that she’s gay it’s just the last name is gay gay highlighted that black voters might feel left behind and taken for granted by the Biden campaign as their daily economic struggles are not addressing despite the campaign’s positive economic messaging stating black Americans in their daily lives aren’t always feeling that political commentator B sellers dismissed polls indicating Trump’s Rising support among black voters asserting Donald Trump is not going to get 20% of black vote he’s simply not countering the notion of a significant shift go ahead and watch this I actually think that this is a phenomenon that needs to be better understood I think that the behavior of black voters even in just polls right now is quite interesting it’s something I’m trying to get at in my reporting um I think the answer is that we don’t know everything yet and we’ll find out more in November you know my instinct is first of all that people forget I mean black voters are just like all voters they too can be susceptible to disinformation campaigns um black men especially because there is a divide by the way in this polling in Behavior between black men and women and you know their interest in Donald Trump black men may be attracted to trumpism more than black women that would be consistent with white voters as well so that’s another parallel to look at I do think that this idea that there’s going to be a wave of black voters voting for Donald Trump is highly unlikely because black Americans know that Donald Trump is a racist and so I think that’s something they understand implicitly at the same time I also wonder if the Biden campaigns uh consistent messaging overall about the strength of the economy especially and how good things are while that may be true on Wall Street and the indicators the economy looks strong black Americans in their daily lives aren’t always feeling that so when they don’t hear their concerns and their lives and their interests represented in that campaign it does I believe just talking to voters it really does trigger this sense that they are being left behind that they are being taken for granted and I think the Biden campaign and Democrats in general are going to have to work harder this time to get that base to turn out yeah can I go first on this one uh this lovely lady is completely out of touch with the reality of what’s happening right now she’s on M you know we can make the joke Trump loves the blacks I love the blacks I also love the whites I love the poorly educated I love he loves them all love the blacks but I’m going to make a prediction Trump is going to get more percentage of the black vote than any president has done in the last 20 to possibly 50 Years Mark that right now um we’re starting to see the uh chipping away of support for Biden whether it’s blacks whether it’s Hispanics whether it’s the working class whether it’s young people and all it takes is you know 10,000 people here a couple thousand people here in six swing States we all know that where she is somewhat right is on black women black women are not going in Trump’s favor but the black homies the dudes the fellas the men overwhelmingly are starting to support Trump now is he going to get the majority of the vote no but all he needs to take it is from 10 to 15 to 20 that’s it do you think that’s possible I do I actually think Trump will get more votes than any Republican in 2024 and then what will happen is in 2028 when Trump is likely no longer the nominee it will go back to reality when a different Republican comes in there but I think Trump is going to get a large percentage of the black votes especially men fast why why would you say that he’s not definitely not going to get any of the black female votes like what do you think large percentage wise yeah I’m saying well I’m just curious the why why uh I think men identify with Trump more than women I think you know the biggest issue with Democrats uh Biden is abortion women’s rights it’s I mean look at all the data out there um but you know no group is a monolith the blacks vote this way the whites vote this way the Jews do this the Catholics do the we’re all individuals here so she’s lumping the blacks this is what black people do no that’s identity politics that’s actually that’s exactly exactly what MLK talked about against being so people are going to vote for their best self-interest and that’s totally okay yeah and I I just think I mean I don’t know what because I’m obviously look at the channel she’s on she’s a she’s a talking head for MSNBC she’s obviously hasn’t been seeing what’s happening all over the country I don’t know you remember that the the rally this guy had in New York how many minorities were going absolutely berserk for Donald Trump I mean bro if you everything from economic policies to opportunities to Criminal Justice Reform to cultural social issues everything that’s happening bro she’s complete delusional and I still I I can believe it because it’s it’s the channel That We’re on but they’re still playing the Donald Trump is racist Hitler all that and I think people are just tired of it because the truth has been exposed bro we’ve had four years of the actual racist dude cuz look at Joe Biden’s history and look at all the that’s coming out of his mouth he’s the guy that’s the racist guy but you’re never going to hear any of that from him you know what’s funny is words Talk number scream and the first thing is this this chick should change her name to Cleopatra because she is the queen of denial she is the queen of denial she is up here if that is she is showing you the more domesticated uh uh strain of trump derangement system she is living in denial of real stats it’s not disinformation it’s disinflation the problem dis damn inflation the because if you look at the numbers and let’s just let’s split it up you know let’s go black women Trump is up black men Trump is up significantly black people over 40 he’s up significantly black younger people not as much just a tick so you but you look at it overall and he’s moved and you’ve seen people that look at the agregate charting when all of those people were uh pulled and we’ve seen polls on here that even two weeks ago we had where you had you know all the CNN person you know did was managed to hold their voice from saying holy crap when they were talking about the change from one election to the other oh he was like 6% over here and now it’s like 12% over here let me tell you in a razor thin election you can’t lose 1% of anything you had last time this was it here we won’t look through it again but this lady was on flip out are you kidding me she couldn’t believe it yeah I remember so forget about it let’s say it’s not 22 let’s say it’s only 15 that still is 50% more is this the older one no this this is the one that was just uh this is just but Rob do me a favor while he’s talking uh look at what happened in 2016 2012 and in in 2008 I mean Obama took 95% of the black vote of course so we get that so look at the history of the Republican percentage of black vote I think Trump again is going to get so much higher than it’s maybe since maybe Bush in 2000 I don’t know check the numbers on that Tom you’re super tight with the black Community continue go ahead Tom it’s it’s the well I’m super tight with the numbers and the number the numbers are saying if let’s say you don’t believe the 22 let’s haircut it back all the way to 15% that would mean from 9 to 15 is 50% more uh African-American votes are going to be are coming to Trump than they were before and I think it can probably be double because the numbers are there but like I say you you said one thing that was correct uh Adam it’s the uh adult black males have moved significantly adult black females not as much that number but the adults black adults have moved a lot got it let’s look at that so look at that 1932 black support for Republican presidential candidates 77% what happened from 32 to 36 that’s that’s the uh that would have depression yes FDR so so black voters used to be fullon Republicans drops to 28 yes hovers between 23 to 39 and 56 then you got Berry Goldwater 1960 gold water ruined it destroys it goes from 32% to 6% yeah 15 13 17 14 9 11 10 12 9 11 4 6 8 12 if he gets 18 it’ll be the highest ever since goldw water what what’s the highest number since goldw that we’ve seen 17 76 that’s what in 7 who was in 76 Jimmy Carter no was Gerald Ford Gerald Ford got Jimmy Carter was 76 yeah no Carter won in 76 correct that’s what I’m saying Carter W that’s Gerald for yeah but what he’s saying is Carter is the similar case study of Joe Biden which is helping the other side to get a lot of the African-American look at Trump’s numbers specifically 2016 he got what percentage is that 8% eight or nine eight 8% yeah 2020 he got 12% % 50% more okay 50% more so if he just does 50% more now and he’s at 15 to 18% that’s double than what he did in 2016 that’s all that matters here is that Trump is increasing double from what 2016 let’s go to one by the way can you pull up the Assyrian support for Republican presidential candidates huge vote you got to get that vote you got to get the Assyrian vote can we see that chart Rob can you three people it’s Vinnie Pat we’re almost out of here while we’re on politics can we give one more thing okay over the past couple weeks did some moving found something in a garage it was a box of stuff that my grandmother had and um had a ticket for the Gibson game Gibson home run and she had operated because there were only a few schools and a few fire stations way back when Woodland Hills California she actually operated as a polling place out of her garage cuz she had a floral shop in her garage and she had a polling place and so there’s a few things that were kept there and I found this box of stuff and I found some Poli iCal memorabilia used to be campaign buttons that people would wear you know I’m with Ike and things like this and this is one from 1972 dick Nixon versus George McGovern and this is the one lick dick in 1972 it is can we have it can we have close can you give me a close one here it says lick dick in 72 1972 this is what you want Associated from the Democrats this is demat disgusting because they called in dick Nixon and back in 72 well they’re really going to lick them used to be a phrase for your team’s going to win and it was not negative but now you look back I am disgusted closer to your face so they see it on screen hold it hereat it’s kind of crazy so you know what politics has always been crazy never thought the phrase lick dick would have been used by you on this podcast grandmother had this it’s Nana you’re Nana God rest I don’t understand this is 50 years old that’s that’s Tom I don’t want to hear what you were doing 50 years ago at least you did it at the end where parents this is the ear muffs last 30 minutes called the ear muffs anyways let’s go to the last part before we wrap up if if you are a waiter or a waitress uh or in the restaurant business this has been a bad podcast for you okay Kevin oy we blame you you started it and then we went into it we talked about a bunch of different things with restaurants however here’s some encouraging news for you there’s this man who used to live in New York now he lives in Florida who is running to be the president in 2024 who wants you to pay no taxes on your tips as a waiter or a waitress and it’s it’s very important for you to pay attention to this go ahead Rob play this clip no tax on tips okay it’s done done and we need to spread the word so that every time you leave a tip for the next five months you put on the receipt vote for Trump because there’s no tax on tips I love him look at him yeah that’s what’s up look at you you see that look at that that was done see the screen that was done by somebody they voted this is a person paying and they said vote for Trump there’ll be no tax on tips that’s a person that was not that was a tip stir as opposed to a Tipp be what are they talking about I listen I want him to win so bad I miss him so much hey you have Joe Biden just passing out let me ask you a question let me ask a question Rob can you do me a favor pull up the following number total numbers of waiters and waitresses in America total number of waiters and waitresses in America okay total number of waiters and waitresses in America what is the number I’m actually curious wow okay so 1.96 5 million voters not voters voters waiters and waitresses now 7% women here’s a question for you of the waiters and waitresses the question I got for you is what percentage of waiters and waitresses you think vote Democrat oh man 80% I think it’s probably 80% why would you say that I would say 70 80% well it’s 70% women women overwhelmingly vote more Democrats 80% maybe what do you think 70 I I don’t know what the later vote guys really is there’s not a big difference 7 80% let’s say 70% to just make you Democrats happy here okay so 70% all right if it’s 70% how many people really vote because of what their parents vote for or what their peers vote forh they don’t really give a about politics they’re like man I think this part is going to be better for me who are going to be sitting there saying bro how much money you make this month on tips $4,000 what did you pay tips on it but what what is taxes on tips right now Rob well is specific tax on tips or you just pay whatever your ordinary income is what is taxes on tips right now no I I think I think there’s a hey this is a good question I think if your tip each month or $20 or more they’re taxable income they’re also subject to Social Security and Medicare tax withholding if you receive $20 or more in cash tips report that income to your employeer your employee will report your tips to W2 on box s okay so go a little lower to see if there’s any how much of your tips are taxed click on that one right there where it says how much of your tax are taxed uh all cash and non-cash tips are received by an employee are subject to Federal okay so it’s ordinary income let’s say give or take yep and the cash is down I read about this tips mostly are on credit cards so it’s 100% trackable if it’s all on credit cards and it ends up see what you’re saying I think I think that makes sense I would say even 20% is Cash the rest is probably on card okay out of that 1.96 5 million what percentage of the 70% you think flips where does 7 go to what does 70 go to does it have that big of an edge does it if they’re hearing that message because nobody’s like CNN’s not playing that MSNBC of they’re definitely not playing that what do you think it goes to this is a part of America suffering in the affordability crisis I think the 70 goes to a at least 50 okay maybe more so let’s just say it’s 50 okay go up a little bit 50 20% on 2 million it’s what 400,000 let’s say only 70% of them vote 280,000 votes it’s really around 280,000 votes that’s 280,000 votes that you didn’t have before but it’s such a interesting angle to take by the way if you’re somebody that knows somebody who knows somebody who’s a waiter or waitress send this clip to them maybe they don’t know share it with them say dig it’s very open Easy text with this clip all you have to say is did you hear about this question mark thoughts question mark did you know about this question mark what do you think about this question mark will this change the influence the way you vote question mark send it in a text and just see how people react to it because there’s a part of it where a person’s going to sit there and say man I made $28,000 on taxes last on tip last year and I paid say 20% taxes on the 28,000 $5,600 you mean to tell me I get that money back yeah $5,600 that’s my car insurance and my cell phone payment you mean my cell phone’s going to be free and my car insurance yes dude listen I won’t tell anybody but I just may vote for this guy for and by the way let me do some math for people a restaurant owner has to pay the FICA and Social Security which is a roughly 8% total uh on on the tip where if if if if Adam or or someone tips $20 I’m the restaurant owner I got to pay 7% on that tip to the federal government on behalf of the employee so no tips is also helping pbd restaurant owners at a time where they desperately need help that is such a good point Tom that is such a good point Adam last thoughts we’ll wrap it up listen come on this this thought is inspired by Tom’s lick dick situation just a second ago no pun intend the whole Trump speech right there one of the top 10 funniest speeches I think th got kids with talking about the tips and the tippies it’s like I I can see him being Vince vaugh in old school right now and he’s just like listen let’s just you know get back to my placement a couple bad decisions to play a game of you know just a tip just for a little bit just see how it feels no big deal okay uh that’s kind of where I think Trump was going with this but here’s the reality if you make tips AKA cash you know all these people are not reporting how much cash they make that’s the reality with the cash so like I don’t think I don’t think this is going to make that big of a difference uh just a tip we’ll see how it goes I think it is I think it is I think because 80% of tips are paid by credit card listen if you want to know every time I go to Angelo’s Adam you’ve been around me how often do I have cash to tip people honestly no I I always give the cash no no what what I’m saying is I paid the $500 bill you pay 10 bucks path that’s our agreement I get that but the way he said High Roller no I always take the burden of the I will I will carry the word of the day is busted I will carry that responsibility with me it’s a Scarlet Letter I very Noble listen you can take care of the take care of the tip I app you I app tip Baby D that’s all I applaud you no but what I’m saying to you is I don’t have cash yeah I understand so I never I I I don’t I don’t I by the way this was when he said one minute I actually put a timer for you to do one minute okay all right gang by the way for those of you that are going to be out there on 4th of July this one’s about to sell out and this one’s about to sell out go to VT merch.com represent the flag represent the value tainment gear run into other people who say man I’m a value tainer too because if they see this uh uh sign the logo of value tame and future looks Pride you’re part of good Community again go place order I think we got four more spots left on the $300 order cuz I think six more orders were placed uh having said that Rob tomorrow is Stephen Greer I watched the documentary the last century I told everybody to watch it Steph Greer and I two and a half hour podcast tomorrow Steven Greer this week was Billy Carson tomorrow Steven GRE you can only imagine the conversations I’m having with kids right now we’re talking about aliens yes we’re talking about Trump’s Uncle we’re talking about Nicola Tesla we’re talking about teleporting we’re having very interesting conversations with the kids have a great weekend we’ll see you tomorrow and we’ll do it again next week God bless everybody bye-bye bye- bye