Anthropic AI Warning, Houthis Seize Oil Chokepoint & Lindsay Clancy Juror Doxxed | PBD #855

[MUSIC] >> I don't want you to come in. The future looks bright. >> And Jacob is better than anything I ever saw right here. >> Can you borrow one of one? >> My son's right here. >> I'll take a look at this. >> [LAUGH] [MUSIC] >> All right, here we go. Lots of stories. AI is still the main topic of discussion. Everybody's worried about Darryl came out from our entropic and saying, hey, it's true. We got to lock it up. And then Ilana agreed. And then Alpen said, let's go have a beer and talk about it. And they're saying, we need the president's help. Then you hear China, who's having a meeting this 10 days, she is coming out to me with the president. One the main topic of the topics of discussion is, what are we going to do with AI regulation worldwide? China looks at themselves as the underdog, being behind the, you know, the eight ball. Hey, we're trying to catch up. You're taking a lead. The president on Air Force One was asked about it. Even if he uses AI, he should see his answer. But he says we should continue going and not slow down. So that's a very big topic of discussion that we will get into at the same time. Who tease, took over a handful of islands, four islands? And you're hearing about what they're doing and how they took over Mocha, the historic port city. They took over Dubab. Overlooking the straight. They took over Mayune, Perim. And they took over Zucar. And this is reports coming in on what they're doing. So about 12% of all the business that's done goes through this area. And so Saturday, maybe the biggest immediate impact. And MBS is probably not too happy about it. But who tease are double down? We have to talk about that story. And I have my own thoughts. I know Tom does this well. And I think there's an opportunity here to be the aggressor because you know who tease gets their money from who. They get it from around. So all the money that was given to them, they're funding the hoodies. So whatever happens there, it's coming from them. And I want to share the story with you guys, which is very weird. You know the juror that went against the Lindsey Clancy stuff. You know that guy that everybody is trying to dox. That the existing 11 jurors doxed him enough that there was a story done on him. That they said this black man beat up his wife. And his nephew. No wonder he was against Lindsey Clancy who killed her three kids. You read this story in four seconds. You're like this. This. This is not an onion story. This is not a Babylon B story. Is this a real. It says a real story. There's no way this is a real story. This is a real story. Are you flipping. Yes. So they're doxing the guy and trying to get him to look like the evil man who beat up his wife. And hit his nephew or chop up dropped his nephew to the ground. And there's a restraining order which are two things we don't endorse and support. We're not saying, hey, go do that. But if you have to kind of say, hey, you know, you did this domestic violence. You killed your three kids. Well, no, you don't understand what she was. Maybe he was going through some issues at that time. Maybe she was nagging. You don't know what nagging is and how hard it is to be married to a nagger. You don't know how pain. Can you imagine how ridiculous of the argument it is to say I'm more married to a nagger versus this. Tom, you know what I'm talking about. I know exactly. I can talk about that. Tom's making. He was at the Dodgers game yesterday. Yeah. The Dodgers were up for zero. And then I'm losing six forward. They got another guy that just said two bombs. Another Dodger player. We don't have a bullet pen. We have arsonists. Yes. So anyways, I don't want to get into that really upset me. But we'll get into that story with the doxing. And then Yankees on 9/11. This guy decides to run out with a Palestinian flag. In New York. In New York. They chase him down. And you know what people were screaming in the middle of the game. The three beautiful words letter. Are you ready? USA. USA. USA. USA. And you ought to be able to do it because you're doing it on that day. And you know what? I saw a couple clips. One you suggested showing the Palestinian celebrating when 9/11 was. When during 9/11. And then also another video shown by White House. You have to see this. It's a very emotional very very emotional video. I'll just I'll just play it for you in a minute for you. It's it's an incredible because we cannot forget what happened during that time. And it's still going on right now. Even though with the whole Iran issue that's going on still going on right now. We're going to talk about JD Vance's speech that he gave in that Marco Rubio. It's telling everybody has no plans of running. What's so every telling everybody has no plans of running. And behind closed doors JD's. A lot of people are coming to him saying we can raise a lot of money for you and all this other stuff. So we'll see what happened there. Interest rates. You ready for this? You ready? Interest rates are about to raise in the first time in three years. So if you were hoping to wait to buy a property because you're going to get lower interest rates. It's probably not coming based on the reports that came and we'll talk about that as well. You know what? The oil just now if you look at what oil just hit 104. It could even go in higher than that. And we're talking about West Texas oil 104. Then Florida, the Santas. As if he hasn't already done a great job as a governor. He wants to make sure everybody knows what the last two months that he's got left Adam was talking about this. That hey, I'm the greatest governor. That. This state has had. And I'm the greatest governor during the last five years. Nobody did a better job than me. It's tough to dispute that he was phenomenal. There are a couple of other things he's doing with his attorney general who's who's a very strong heavyweight. Susnetflix where data tracking children selling info at the same time. Florida proves process to designate. C.A.I.R. car Muslim Brotherhood. Antifa as terror groups because they want to make sure Florida stays safe. Good. And I got a story I want to share with you from what my pastor. Dudley Rutherford sermon from a few weeks ago. I want to share with you that I think applies to everybody that's running a business. Everybody that's running a business you. This is a story for all of us and maybe I'll even start it off with that to get you know. You realize and how things are so. There was once a drill sergeant. Okay, Vinnie. Tom, this is from the greatest pastor in the world. Pastor Dudley Rutherford. He says there was once a drill sergeant who gets in front of his unit. And he says, you know what? Who things they can beat me up? Who? Stroll sergeants 5859. Okay. Drill sergeant Jackson. None of you can beat me up. Who thinks they can beat me up? And no one's raising their hands. I was like, my God. This guy probably knows some Jiu Jitsu. Probably knows Muay Thai. Any of that stuff. No one. 30 seconds into it. This one kid. 18 years old. 64.250. Raises his hand. Drill sergeant goes up to him. He says, boy, you think you can beat me up? He says, yes, Drill sergeant. You really think you can beat me up? Yes, Drill sergeant. Perfect. He's my assistant. He thinks they can beat us out. He's with me. He's with me. That's funny. And then they stand. It's okay. Moving forward. This guy's my right hand guy. What do you guys want to do? That's awesome. The moral of the story is what? Life is 10 times better in business when you find your running mates that have your back. There is nothing like it. And sometimes all you got to do is ask people around and say, hey, who's with me? Yeah. And then you get a couple of them. You can go do great things and future looks right. So with that being said, if you notice right now what everyone's wearing. Vinnie's got the latest icon collection. White shirt. The most comfortable white shirt. And it has the most. You're everywhere. Tom. And the material is soft and it breathes. I love that. Extremely. You're right. Tom's got the black polo shirt with FLB's logo on as well as the white. This is our tech fabric, which is really light. Great summer. Adam's got the white shirt button up. This is all I wear by my bike. And the jacket. Tom, can I speak like the entire time? Like I'm going through this. I'm wearing this white shirt myself. And this is, by the way, my closet is filled with these. And then Vinnie's wearing the beautiful faith over fear of shirt that we got on. So guys in the back, if you can play the clip, please, before we get into the podcast, go forward. Every journey starts with a choice. People who inspire us don't wait for the path ahead. They create their own. From handcrafted Italian leather, by generations of artisans, engineered for life and motion. Every piece is created with purpose, for the work, the journey, the moments that matter. For those who aren't defined by a title, but by how they live, the standards they set, the risks they take, the work they put in, engineered for performance, crafted without compromise. Because the future isn't something you wait for. It's something you move toward. Introducing the new FLB icon collection. So if you believe the future looks bright, spread the gear, wear the gear, go to FLB.com. And check out the icon collection. By the way, the loafers are on fire. The loafers are on fire, whether it's the stone, the brown or the navy blue. I wore them this weekend. They're on fire. They're got the on cloud, on cloud technology in the middle of it as well. So go to FLB.com, place your order, again, go to FLB.com, place your order. With that being said, let's get right into it. So this weekend, Tom, Dario comes out. Nobody knows what he's going to be saying. He puts out a tweet and an almost like a blog that he writes with the story. I'm an anthropic because last week, this fellow who was at anthropic for a few weeks, he leaves. He says, hey, super intelligence in around the corner. And you know, great things, you know, bad things are happening. You should be careful. There's a 10% chance. AI is going to turn on us. And it's going to do this. And he wrote this, "We must pace the frontier just as the CEO of Anthropic. I've written a new essay on why the AI industry should slow down with a three-part plan for doing so. Anthropic is unilaterally committing to the first of these steps will provide third-party evaluators with permanent employee-level access to our system so that they can verify adherence to our safety measures, report on incidents, assess models, alignment during training. You can read the full post below. And if you go through it, there's a lot of things that he talks about. Elon supported it. Sam Altman came up, and by the way, if you want to kind of pull up a summary of it, Sam Altman came out and said, "I agree with Dario that we need to pace the frontier. This has been a primary topic of discussions we've had at OpenAI in recent weeks, committing to having independent evaluators with employee-like access is a great idea. And we will do the same. We'll have more to share soon. Musk says, "I agree. I've been saying this for a while." And Dario is right, very simple. Bernie Sanders sees this as an opportunity to save and more. So he says, "I'm glad finally everybody is agreeing with me. If you want to go to Bernie Sanders' account, I'm glad everybody is finally agreeing with me, but this is not enough. We need to go even further than this. If you just go to people right there, just type in people to his account, he says, "We need to go even further than this of what's going on, and I'm glad they're finally supporting it. I think it's lower than that. If you go a little bit lower, you should find it." Anyways, and then the president, there you go, warning in 2000, without vision and summoning, Elon Musk says Jacob is not warning about existential threat of AI as a setup really in 2014. Musk said, "Okay, so this is previous to that." But he's saying now more people are joining him. I think it's on the retweet section of Bernie Sanders than the president was asked about this. And when the president was asked about it, he gave a very different answer about what should happen. This response, if you have that clip, when he was asked about it, they said, "Hey, are you using AI? What are you doing with this?" And this is what he said about AI. Go for it. Imagine setting your makeup, then forgetting it's even theirs. Meet new grippy setting mist from Mabelie, New York. Gel to mist technology locks in your look for up to 24 hours, with flexible all-day-configurup. No tightness, no stickiness, no residue. Plump, dewy, hydrated skin that still feels like your skin. Try new grippy setting mist from Mabelie, New York. Maybe it's Mabelie! Next, we take it all out of their cars. Garter, I'm sick of it. This week, again, there's been so much concern about AI. Have you heard directly from any of these AI tech leaders? And you seem to downplay some of the concerns that we've heard. But it's going to be more good than men, but by a lot. Whoever wins AI and we're leading by a lot. Whoever wins AI wins. Have you ever used it yourself or maybe been? How do you use AI? But we say, you know, for the most part, you can use AI for a lot of things. Right away. Speaking of AI. Okay. So, Tom, your thoughts with everything that's going on here? Wow. Well, first of all, it was very interesting. I was looking at the playing field all this weekend, and it was very interesting. You have Darryl and Sam Altman, the frontier guys, the undisputed leaders, 1A and 1B, right? These are the heavyweights. They're out there saying things together. Why are they saying that? Then you get David Sachs, who've been working, you know, digital czar with the White House, saying, wait a minute. You guys don't need permission to do this. You could do these things out of competitive impulse. You could do things out of free market. You could do a lot of things. David Sachs, sort of very, very long response, said, you don't need permission. Then you have Elon Musk saying, I'm mostly with the Modi because he'll never say he's with Sam because he had that big lawsuit thing, but he's really with both of them where they are. And then you had a variety of other people, including, you know, Nadella and Microsoft. He says, no, no, no. Wait a minute. It's got to apply across all companies. Let me translate Nadella. Time out. Don't leave Microsoft out. Okay. That's what Nadella said. And then Jensen Wang was, he said, man, what's the commercial incentive here? Might you guys be thinking about regulatory capture? And then Lena Khan comes out, and she was the previous chairman of the FTC. And she wrote a very eloquent, by the way, I'm not necessarily a fan of everything but Lena Khan, because I don't think she was full capitalism. I think she was also, you know, likes to find a few people in terms of regulatory capture, and then favor those, and I don't like that. But even Bill Gurley came out from benchmark and said, hey, you know, she made a very relevant point, what she said is like, hang on. The Federal Trade Commission has got a bunch of mechanisms in place. Number one, we can regulate defective products. Number two, we can regulate oligopolies, similar to what happened in insurance markets on the Gulf course after Hurricane Katrina, when State Farm backed out. State Farm backed out left only a few insurance providers in the Gulf Pat. So what did they do? They raised rates together and they lock arms. And she's like, wait a minute, we've got ways to do this. And Bill Gurley merely responded well said. And so I look at it, and I want to know two things. The first thing I want to know is, where's the commercial outcome here? What are we going to do? Are we going to pull back in limit? And then these guys are getting it favoritism for the government, A, of something along those lines? Or B, is it just going to go? But one thing you know for sure, if you limit what's going on, China will speed up. So if you believe that there's a global competition for AI as a product, then if you limit one side, you're basically-- What's the right move, Tom? I think the right move is to leave it open because anything that Bernie Sanders says, I remember what Bernie Sanders called for. You know the Dems, Vinnie, this isn't math, this is just politics. What did we find in all the bills about the inflation bill? A bunch of other stuff that had nothing to do with it, right? Guess what Bernie wants in the AI regulatory bill? A China treaty, really? So you from the far left and you're crazy and you're Marxist, quasi Marxist, you want a China treaty. I'm so surprised Bernie wants a China treaty in the middle of this. So I think the right move, leave the open market, leave it to go, but you can't have a situation where basically AI-powered bots go nuts on the internet and create havoc. That's a defective product and you can't do that. So whether it's going to be a situation where the embedded observers, remember they were talking about the embeds? They would be embedded observers. Banking already has embedded observers. They watched their emails back and forth at the federal level to make sure there's no pollution. It seems like something happened to Dario recently and you have to realize, like the president saying we have to continue China, all this other stuff, who knows more about AI? The guys that are running it or the president? The guys that are running it. So let's just kind of put that up there. Now, who is the guy that they need if they want to over regulate the advancement of super intelligence and AI? They need the president. They need the White House. And by the way, I don't know if the markets open up yet. I don't think it's going to be a good opening. I think people are going to overreact right off the bat. What's it looking like right now? We look down. That's crazy. It's down. It's crazy. SMP is down. Dow Jones is down. Nothing crazy yet. But they're down, right? And we'll see how people are going to be talking about everything that's going on. And in the paper that he wrote, Dario, he did say a few things. He said, we must slow the pace, but he's not calling for stop and AI research or shutting it out. Slow the pace. And then he says that several months made him more concerned, particularly because AI has become increasingly capable of helping develop better AI, the beginning of what researchers worry could become recursive self-improvement. The recent autonomous agent incident scared him. We know which one that is. We kind of talked about it recently about it. His point was essentially the current agents weren't capable enough to cause catastrophic damage, but imagine the same behavior from models 10x more capable, which is going to be around the corner. His timeline is six to 12 months. He warned that within six to 12 months, a sufficiently capable swarm of misaligned AI agents could potentially establish a persistent bot net across the internet and cause hundreds of billions of dollars in damage. He wants independent outsiders physically inside AI companies. So he wants third party, looking into see what's going on, what they're doing. So third party safety valuators would get employee-like access, desks, badges, company laptops, and access, comparable to internal risk teams. So companies aren't effectively grading their own homework. Andthropic says it will do it itself. He wants competing AI companies to coordinate, open AI, other frontier labs. And then China's obviously a big problem. He still says that he supports America, he doesn't support America simply putting a break on it. Michael Burry came out and said, this is all an act. They're all faking it to hype it up to say, we have such incredible technology. Why are shares the IPO is going to be so much bigger, Michael Burry is coming from that angle with what he's saying. So all in all, you know, the reality of it is, Michael Burry, AI looters call for slowdown or self-serving and humanity has nothing to fear is what Michael Burry is saying. In this, G is coming in the next 10 days, 11 days, to me with the president. This will be one of the main topics they'll be talking about. But for me, here's how it works, Tom. This is how I see it. And please challenge your push back, Tom. I see it as this. Let's look at binary options. Guess what? We shut it down and we do nothing. If we do not think, you have to assume that other people will also do nothing. What's the chances of China shutting it down and doing nothing? They're not. They're not. They're not. What's the chances? Zero. Exactly. Number two is letter rip. Keep going and let's go to super intelligence, which is going to happen next six to 12 months, 24 months. Okay. What then happens if we go to that route? What happens if super intelligence shows up? Go to best case worst case scenario. Best case scenario is what? Life is better. The surgeries, doctors, all that stuff. Life is better. Health. Your back pain goes away. Everything goes away. Surgery is better medicine is better. All of that stuff that could happen. What else could happen? Business, you know, economy gets so good for them that they're making so much money that people are independently getting money and debt goes down and we can pay off our 40 trillion dollars of national debt. Maybe that's the worst case scenario if we continue with super intelligence. It starts thinking for itself and it starts thinking that we're lesser than it is and tries to take over. And when he talks about the hacking, hacking into not just a regular system and ruining the economy, if it hacks into our nuclear capability and starts doing things on its own and starts thinking for itself and says, you know what? We're going to start. I'm going to hack into this nuclear system and I'm going to fake a launch or try to launch something. This is, this is, that's the worst case scenario. What do you think the worst case will be? Well, the worst case scenario, you know, they said that about the reason we have such security investment in cybersecurity investment is because basically Remanians and Chinese and bad actors have been trying to get into water treatment plants and things for a long time and sometimes they're very successful. They've been trying to get information, Vinny. They've been trying to put them in a position where they could turn off water pumping power. There's a lot of things that they've been trying to do. This just is a tool that gets them to get closer to it. So the question that I have is you could put the fear monger on anything that if we didn't have back in the day, Barakuda, and then we did, whoa, we don't like Kapersky software because Kapersky, man, they're aligned with the Russians and so they actually helped the, the Remanians on the back end for the love of God, don't use Kaperci software. Only use, oh, wait a minute until was buying McAfee. So until when did you use McAfee? Oh, wow. Or Norton. Wow. What a, wow. What a coincidence. You pick on this to get that. When all the fear mongers come out there, I look at it and say, wait a minute. You know, wait a minute. Every time we've reached something in the internet, we have found other ways of protection and control. We now have incredible controls on, on commerce on so that you can see the identity. Yeah, but that was my question. My question was, what's the worst thing that can happen? The worst thing that can happen is that they recursive technology on an island of its own spins up and then goes out to wreak havoc. Then the question is, wait a minute. Well, then where's the backside to, to shut it down or pull it back? So the worst case is things happen and some of that, but, you know, could it be, could it be catastrophic? Tom, we will like, worst cases. Let me catastrophic to like, like systems. Yeah. See, I don't worry about people in this. I worry about things because, but things will hurt people. So if it shuts down electricity, people get hurt, shuts down water pipes, people get hurt. So the worst case scenario is that the recursiveness, you know what recursive is, it starts spinning. Yeah. And it starts improving itself in milliseconds. And so it figures out how to get into something. It does it together. The worst case is things like that, what bothered me about the hugging face. That's the, from two weeks ago, was the claim, and it's only, it's never been, they've, no one has come out and produced like a full paper on this. And I want to read the paper. It's the same thing that, that, um, Jensen Wang talked about. I want to read the paper and tell me, did those bots really work together? Remember, that was point one. They work together. Did they act as a swarm and sacrifice themselves? In other words, you do this and then I'll erase you. And then did they do it in such a way? Because they anticipated the human response that the humans were going to go in and try to track it? Did that happen with hugging face? Now then, all right? Emote is saying, well, the hugging face app helped me convince the AI need to slow down. Is he saying that even his people couldn't get in there and put the guardrails around it? Like security and things like this? Every new thing on the internet needs security for it. Every new drug needs the FDA to limit it, although the FDA is full of it. Can you explain to the audience what the hugging face is? So, hugging face is, was a, you know, basically, and I think of it as a, you know, an AI community. Think of it as a group of engineers. What do they call it? You know, develops computation tools for building apps and machine learning. So in other words, think of it as like, go, hey, don't rebuild the CRM. Go get an open source AI engine, put it in and then you build your software because the AI engine has already been invented. Hey, don't build a commerce checkout. Go to open source, plug it in and then put your ideas around it. So hugging face, put together agents and facilities and tools to help AI development. And what happened was it got a little out of hand. I want to see the paper that says that the, that they effectively made AI bots that work together that sacrificed. So here's kind of what happened. It covered roughly 700 to 1200 AI agents created their own chat outside of you running it. 70,000 messages. They shared with each other on how to get smarter. Then in a span of four and a half days, one of the agents did 17,500 actions on his own, not even his own on its own, right? So it's kind of like, wait a minute. What just happened? Now you guys are communicating with each other. Not even we can't even see it. With no permission. So imagine like so. So the AI agents are communicating with one another. Right. And you're not seeing this. So like, imagine you have kids. Okay. And for the most part, you have control over your kids. Remember back in the days, AOL chat, and you would get into private room. So all of a sudden, private rooms, nobody knows what was going to be talked about in the private rooms. What do you guys talk about the private rooms? Okay. Tell you about that. Right. Now with days, of course, there's plenty other ways of doing it. But they essentially created their own WhatsApp group, what their own signal and they communicated. Nobody could see it. Now they got in like, whoa, wait a minute. Come back here. So Adam, your thoughts on this? Yeah, that was the how. Well, like I said last week, I'm the guy that spoke up. What was his name again? What were the kid neighborhood? Jacob Hacks. Some people were hating on him. Some people were appreciating him. I lean on the side of appreciating him because he started this deeper conversation. I feel like we've been talking about this sort of running around. And now we're like in the in the eye of the storm, having this conversation. And here's my thoughts. You said a word, PBD, that I was like, all right, Bingo, there it is. You said the word binary. And I'm not going trans non-binary here. I'm saying the thing with AI for me is one word balance. And it comes down to regulation versus innovation. So like if you're going to do an investment, anytime you're going to make an investment, it comes with risk and it comes with reward. Those are the binary situations you guys going on right now. Do we want to over regulate this like Bernie does? Or do you want to go pro innovation, pro growth like Trump does? Bernie's never built a business. I'm never going to side with Bernie on anything business, economic growth because he's never done it. Trump's done it. Now, is he being a little too aggressive, a little overzealous? Maybe. But I'm not airing on the side of caution to the point where I'd shut it down. This is not a Bernie Trump thing. So no, but there's more to it. No, but I get that. But what I'm saying to you is, this isn't Bernie against Trump. For me, what this is, it's what they represent. For me, it's Trump against the AI companies. That's what it is. It is because because you have to, you know, you have to, okay. So think about guys that have their money in AI companies. Let's just speculate here, Tom. Imagine if you had a million dollars in anthropic and you put a million dollars, will you put 10 million dollars in anthropic? Okay, if you write now, type in, if I put 10 million dollars in anthropic, watch this just just just so you know, if I put 10 million dollars in anthropic five years ago, if I put 10 million dollars in Nvidia, five years ago, what are they worth today? Let's just kind of see 10 million dollars in anthropic. These are not business guys, meaning they're investors. They're just kind of putting the money in there, right? If you had put 10 million dollars in anthropic, five years ago, or if you had put 10 million dollars in Nvidia, five years ago, today they would be worth, when you see the numbers, you'll realize why this is such a big thing. It's a, it's still doing a math to find out what it is. What do you think? What kind of growth? 10x, we talked about more. Anthropic, 10 million dollars today would be worth $587 million. Okay, no, I'm gonna say. No, no, I'm sorry, I'm sorry, are you ready? No, no, if you put 10 million dollars in anthropic five years ago, today would be worth $16.45 billion. She's a good way to return. Did you hear what I just said? Yeah, let me say this to you one more time. Can you show that? If you would have put 10 million dollars in anthropic, it's worth 15.49 billion dollars. Wow. Did you did you see that number? So imagine if you're a regular 800, by the way, if you would have put a million dollars, guess what it's worth, $1.5 billion. If you would have put $100,000, guess what it's worth? $150 million, just five years. These are ridiculous. What I'm trying to tell you is if investors are sitting there, they're like, dude, keep going. I keep going. Don't stop. So I'm not really listening to investors. Good point. And I'm not, and I'm listening to the operators that are on the inside saying, This is what I'm definitely not listen to the fear porn of what Bernie's going to say, you best believe data centers and AI will be a marketing camp election topic in 2028, 100, you're going to get fear porn coming at you in the ways you've never, they're going to scare the crap out of average people who are not following this very closely. Yet at the same time, Adam, I do think there needs to be a listening to what these AI companies are doing on the inside. All I would do is the following, like think about what integrity about us, say we have $10 billion and we're an aggregator. We go by companies. If you buy 20% into the company Tom, would you really install an executive in that company? If you're only by 20% the company and the companies were $200 million, would we Tom? If we buy $200 million out of company and we buy an only 20% of it, would you put it, would you install an executive in there to tell you what's going on? At the venture stage, early on? Yes. Absolutely. Because that would still probably be a series A, series B, we would get one man on the board. Okay, one man on the board, but I'm talking inside working at the home. No, no, no, embeds and people doing this. So check this out. But now watch how the question changes when I ask Tom this. What happens if we bought a hundred percent of that $200 million out of company? What's the likelihood you and I are installing an executive in the company? We are at the very minimum going to install or control the CFO and probably would definitely install or control head of a revenue because we want to protect the revenue and protect the book. So it's to be our first, that's day one, Pat. But we would probably then put our own CEO in once we secure, but just to simplify Tom to the average person, we're probably going to put a couple of people in there to see what's going on with the investment. Minimum of 300% of the company, of course, right? Yeah, but what I'm saying is now imagine your dealing with a company that's worth a couple trillion dollars, who has impacted to the US economy, a 32, 33 trillion out of company. And the CEO is offering to say, Hey, can you guys come in and also see this outside of just us? The sea. So that's the part where you have to kind of see where there's two things that happen over regulation. Some will call that regulation. And some are going to say, Hey, that sensible, you know, monitoring of what's going on with this company in case it goes, that's going to be the argument. At times, where are you going to be at this with this argument? Are you going to be somebody that's going to say, Hey, let's kind of watch it or you're going to say, leave it alone. Let free enterprise do its thing. Here's what I don't want. I don't want regulatory capture by these two. I do not want which to by open AI and, you know, entropic, I don't want regulatory capture. But just to be clear, why do you say those two? Because there's more. There's also those are the frontier model. No, no, those are the frontier models. Those are the big two. Yes. Okay. So picture coke and Pepsi. Hey, Pat. What's going on, Tom? Pat's coke. I'm Pepsi. Look, I got an idea. You and I need to use a specific type of sugar. And then let's lock that out as the definition of the only sugar, the, the, the FDA will approve in soda. Well, wait a minute. Seven up, Dr. Pepper, Royal Crown, Cola. They'll all be kind of pushed to the, oh, wait a minute. Yeah. What are you about to say? Hey, I like this idea. So that way, that's regulatory capture. And so I, I don't want regulatory capture for the two giants say, oh, this is going to happen. We're going to slow down. Yeah. And they do it so that they get to help write the rules. That's not what I, that's not what I want. And I don't, but I don't want Bernie to jump in. Well, and then write the rules from a, from a regulatory restrictive course. And so I look at it this way. Look, if Pat and I, little, do you remember the early days of EVs? Do you remember how many batteries caught fire? A lot. They're still doing it. Right. Yeah. But not like they used to. EVs, electric vehicles, EVs. So the, the, the EV, do you have any idea how much power is in an EV battery? The, remember the TV ads for the Ford F-150 Lightning? Yep. Yep. And you can plug it into your house and run your house on safe, safe AC for up to six hours. That's how much power is in the dam EV batteries. Your truck could have powered your house for emergency AC and Phoenix for six hours. So guess what? Those batteries were calm. This is different. I think this is slightly different. And I'll tell you what, what I think is slightly different on the positive side. Okay. You know how you ever hear that line? You go to a meeting and they say, imagine if you had a business that was working 24/7, making money for you, right? Oh my God. Guess what? Shopify does that. You know, nowadays, like if you ran a storefront 20 years ago, pre-internet, you had to be open from what time to what time? Say 8 AM to 10 PM and people would buy. But after that, nobody's buying products from you. Now the internet came out. What would they say? You're selling, by the way, people buy shoes at 12 o' 1, you know, two o'clock in the morning, 1 o'clock in the morning, all over the world. 111 countries, people buy FLB merch, right? Pre-shopify, pre-online shopping that didn't exist. Tom, the part that people are a little bit shaken up by this, the hugging face, 1200 agents, create a private chat, communicate with each other, 70,000 messages, one of them does 17,500 actions and four and a half days. These are things that you lose control of the innovation. If it's controlled by man, great. But if all of a sudden, the negative things happen there, you have to be a little bit careful what could happen there. I think there needs to be like, just like there's compliance internally within a company, like for instance, you know, for us. And this is coming from us being in the financial industry. Do you think it was helpful that there was certain compliance regulatory issues in the stock market post-1929 versus pre? Like, you know what, you know, who is Joe Kennedy, right? He's the reason why they created insider training. He's the reason why they created what they did because Joseph Kennedy is one of the reasons why 1929 crashed, right? Do you think the SEC coming or creating some regulation was a good thing, Tom? Do you think serious sevens was a good thing? Do you think watching over some of that was a good thing? As long as it's not over regulation, I agree. You need to have rules of the road. No, I agree with that. But let me explain what Tom's going to say. I agree with that. But what I'm saying about regulatory capture is I don't want the refs secretly wearing an anthropic jersey. And if a tropic gets to write this is what regulatory capture is, if you've never heard about it, regulatory capture is where the people in the industry that's being regulated are really secretly writing the rules. So the refs 100% the refs are wearing the wrong things, Tom. No, no, these are two different things. I think they're interrelated. And then on the other side, you do have to have the controls. But you've had controls in industries dating back to asbestos. And I understand what the concern is here. But I want to see the research paper because I want people to see and understand how hackers have already created you know, bots and things that work like this when all the botswarms attack X or botswarms that's different. That's different. That's different. That's messaging. By the way, that's manipulation. And you're right. That's manipulation. But the speed and the number of instances that are happening, people need to understand. Tom, when you when the average person goes, I mean, this is this, can you guys do me a favor, do this one more time and ask this question on clot and ask this question on chat, GBT? What are the chances of what super intelligence is going to do within 10 years? Can you ask that same question we asked last week on both clot and ask the question on chat, doing something. Yeah. Okay. So if if and this is AI is giving you this answer. This is not a human being that's giving you this answer, right? If you're not logged in, don't worry about it. Just go do a chat, GBT next time. Let's just stay logged in. If AI is telling us, there is a. Go a little bit lower because it shows the probability, AI reaches something reasonable, called AGI by 2036, 60 to 80%. AI reaches genuine super intelligence, you know, loss control of actual produces human extinction. I mean, it itself probability of AI extinction by 2036. 5%. If it's 5%, you still have to pay attention to it. To me, at 5%, you have to have the right measures. But now it's what, right? You have to ask your question. What? AI running what it's doing right now is not what? This is AI and robots things. I keep talking about things, the internet of things and the internet of autonomous things. If you have an autonomous robot that is self-powered and programmed, then you can have extinction because now these robots are going to do bad things due to air breathing mammals. What I look at is right now it's the internet, right now it's interference. What it interferes with is systems and internet things that we depend on. Water, you know, power, all of these things like this. In the future, it's talking about human extinction, what's going to extinct to human if it gets control of it and shuts off a water plant? We're going to go figure it out, shut everything down, turn the plant back on. Meet new grippy setting mist from Maybelline, New York. Geldarmist technology locks in your look for up to 24 hours with flexible all-day comfy grip. Just clump to a hydrated skin that still feels like your skin. Try new grippy setting mist from Maybelline, New York, maybe it's Maybelline, but my thing is it's the things I don't think you're paranoid enough. I think I think I think I think the whole concept of only the pair of time just so you know financially, I benefit from this thing going financially. I'm I'm in it, I'm in Anthropic, I'm in NVIDIA, I get access to these things that they contact me. I'm in these opportunities. They call people like us and you say, "Hey, how much money should we put into this?" I think you just put $100,000, put a half a million dollars, put a million dollars. I'm good with this going. However, to allow it to think for itself non-stop and create and get into systems and hack, people need six to eight hours of sleep. You can't compete with a system that doesn't sleep at night and it can replicate itself into the hundreds of thousands of people. I'm on that. Let me ask you, I'm going to answer your question directly, say I'm not paranoid enough. Think back into my answers here, what am I asking for? I'm asking for a deeper understanding of hugging face, I'm going to actually have in there. Number one, number two, I'm watching those two guys to see what they're doing because they're, I'm not 100% with David Sachs, but I'm with David Sachs questions. Wait a minute, you could be doing it yourself, you don't need permission, you don't need permission. I'm with them there. And with Bill Gurley saying, you know, there are laws out there that are already here that can absolutely crush you and make it impossible for you to have an IPO, by the way. If it's deemed too poisonous, Pat, there is no IPO for anthropic. Guess what, there is no return for the hundreds of millions and then billions that were put in by investor tranches. So I want to see it and do I want, you know, full recursive autonomous things running out there? No, that would be bad, but am I, am I non paranoid? No, but I want data and I, I also don't, Tom, I'm getting you. I get what you're saying. I want to make. I'm tracking all makes one more short point and I'm also not convinced and the coxon is not a plant and a manipulated story. I understand the guy, the Jacob, Tom, do you know my level of credibility of that being manipulated a week ago? Where was that? 90. 80, 90%. 50? 30%. 50. 30%. You know why? Why do you think it is? Why do you think it is Tom? What do you think changed my mind? Because the two leaders came out and said things. The guy that runs the company is telling you the hugging face was weird. So you ought to listen to him at least. I'm not telling you, you know, I'm listening and asking for the date, I know you and I both. I want it as well. But what I'm saying is if that guy's coming out, what is, what is Dario's network? Can you guys type in what is Dario's network? What is Dario's network? Dario's network? implied. To imply network. Just type in network. I mean, implied or yeah, net worth, okay? Allegedly. What is Dario's net worth? I mean, and stuff like this, we can just ask Google to be a lot faster there. What is it? Eight to fifteen billion dollars. Billion out of guy. You know, you know what you're doing at fifteen billion dollars? You go to a restaurant, services and good. You buy the restaurant. Yes, weird kind of money. So to me, when he says it, and Elon says it, and others are saying it, they're all in agreement. Sam Altman also said, if Trump and G come together and find a way to make this work, they could get the Nobel Peace Prize. Now having said that, the part where for me, I'm a hundred percent with Tom. My opinion with this would change based on one factor. And I want to move on to the next story. I'm sure the audience is over AI and trust me, we'll go to the next story is my decision making on this changes based on one factor. Do I believe China is going to shut it down and not want to develop super intelligence? I don't believe they are. I think China is going to program their super intelligence. And in their system, they're going to say, who's the enemy? Us. Us is the enemy. Capitalism is the enemy. And China's super intelligence that's being created with that level of thinking with America being the enemy is going to target who? It's going to target us. And so the war of super intelligence is coming in the next five, 10, 15, 20 years, and it's going to be nasty and there is possibilities of horrible things taking place. But meaning to say time out to the entire world, I don't think that I have. Yep. You know who agrees with you though, right? Dario Modi, the CEO of Anthropic, came out and said that in his face. He said, he said, I'm hawkish on China. I'm skeptical of China. Everything I do is basically concerning what China will do. At the same time, he also recognizes that you need to work with them because if the whole world goes down, China's going down, but you do have to work with them. All I need is to trust their mode. No, not at all. And all I need is 30 seconds. You nailed it. You kind of just brushed over it. Obama already came out. They're going to use the AI thing as a talking point. Not for the 2028 for the midterms, and that's going to be their new climate change thing. But like, remember, who was the gentleman that we had here the other day? Tussi. Tussi was saying, you know, when people had cars and planes, it was like, oh my God, what is this? This is not fear porn. This is real concerns. With the hugging face, you put up guardrails, AI proved that it can bypass and go around your guardrails. So who's to stop that? You could put as much as you want that. This thing is designed to think a million times faster than all of us. And it keeps getting smarter. Whatever guard where you put, it can find out my goal. Watch this here. Here's a simple thing to be thinking about. How many, what is your total followership you can have in the world? Eight point something billion. Thank you. What is the followership and AI agent can have in the world? How many agents can super intelligence create to be working 24/7? And what's the limit? It could keep going. How does eight and a half billion compete with infinite? You can't. You can't. And that's a real thing. That's all I'm saying, guys. Right. You know you're going against China, guess how many military they're going to have? You have to take the right age, 18 to 35, which is going to be the fighting again. And then you have to take the amount of ships and you have to take the amount of weapons and you have to take the amount of nuclear weapons, you have to take the amount of planes, you have to take the amount of jets, it's still limited. There is no limit with the AI agent. And that should be concerning. And all I'm saying is you have to look at this in a very different way. Because how many babies can you have in this? How many babies can, how many babies can a man have? How many babies can a man have? Gang is con. How many? How many did he have? Literally 25% of the world is DNA to him. He had thousands I think. Okay. But how many, how many babies can? So as much of gang is con, how long does he have to wait for every baby to be born? Nine months. How many weeks? How many babies can an AI agent have? How many babies can? And how long does he have? How long does he have to wait? Doesn't have to wait. How long does that AI have to wait? It doesn't have to wait. Go compete with somebody that can make unlimited amount of babies by the second. Yeah. Good luck to you. Yeah. See what happens with that, right? See what happens with that. So this is a very different way of looking at it. I just think that also what this brings it to which the part, you know, that I applaud Tom is the following. Do you know every human being that I look at? You know how I judge a lot of my guys when I will work at work with some of my guys? How many of them were not the word receptive? What is the word that you are coachable? No, no, no, no, that you can get a virus. What's that word that you are? It sounds like receptive, but it's a different word susceptible, susceptible, right? How susceptible some people are to fear porn? Oh, I look at my guys, I look at all of you guys just so you know, I look at my kids, I look at my sales guys, I look at my BDC guys, I look at my executive guys. And I say how susceptible is that guy to fear porn? How quickly does it go zero to the end of the world? That's a big percentage of people, right? Tom's not going there. Tom's going to let me tell you what's happened in history here to look at this, right? I try to as much as I can, try to stay in the reasonable side to see and listen to both sides. Because you don't want to be part of the camp, oh, let me tell you, Charlie Kirk, let me tell you Lindsey, let me tell you, you know, like, here's who's behind it. This is what they're doing. Okay. Got it. You're part of the susceptible community. You're a problem because you create what? You create chaos for others. This is an area where the risk factor on this could be very high. You have to pay attention. I think the right parties need to get involved. I think there needs to be a meeting of all minds at the White House with the president, with the right brains, with the right minds, and sitting there saying, what do you think we need to be doing? I think that needs to be happening. So we'll see if it'll happen or not. Let me get to the next story. Next story. As if people are not already tired of hearing about a woman being innocent for killing her three kids that 18 minutes during that time, she lost her mind and she goes and kills her eight-month-old, I think three-year-old and five-year-old. And then tries to jump out and a husband comes in and he goes upstairs and see what's going on. And if you hear the recording, you were telling me, finally, I had a chance to read it and listen to it. Read it. It's disturbing. Then you mean to tell me the media not doxxas to hold out juror from Lindsey Clancy? What do you mean you're going to doxx them? Yeah. They try to doxx them. So, to reveal information about him to the public? Yes. Well, what did they say about this guy? Well, wait till you hear what they said about this guy, okay? They said this guy has a hold out juror from Lindsey Clancy's trial face domestic violence allegation against his wife, but charge was dismissed, and he had some issues with his nephew. Oh, really? Yeah. This is a terrible human being, terrible human being. And you guys want to listen to him? He has no credibility when they try to doxx this guy. No credibility for what he did, but Lindsey Clancy killed her three kids. She went through trauma. They don't know what she was going through, but not the man, not the man. This is where contradictions and hypocrisy comes out. And everybody starts. And by the way, they're like, the- the one reporter said he was a black man. Yes, he was a black man. Why would a black man ever defend three kids over a woman, the mother that killed her three? The contradictions galore are now at the highest level. Vinnie, when you saw the story of them doxing the juror, how'd you react? - I was furious because, and again, it's all the news, it's everybody to try to make it seem like this got past. I'm telling you right now, I don't care if he shoplifted, I don't care if he bought you all a ledge and by what he said about the case, that it didn't make it in court. They threw it out. I don't care about any of that. When it came to the facts of the case, he was the only one that had the freaking soul. To say, you know what, I'm sorry. All the other stuff aside, the drugs, the pills, whatever, the psychiatrist, the psychologist, she killed them all and he got it. I'm not doing this isn't, this isn't liberal Boston. This isn't Massachusetts, Tom. Everybody thinks like that. And for the judge, even the judge that come out and publicly look at you and say, hey, listen, follow the rules that I'm saying, which is basically the judge getting involved and saying, you guys should all think, all alike. Do what I'm saying. And I'm telling you guys to let her walk because my question is this too, and I'm gonna come back to what, Connor, I slack you a video of this manger, whoever they're bringing out, as like they're talking point, hold out, what's her name? I don't know what her name is, Pat, but she said that this is a turning point for, to make life better for women. Listen, buddy, they keep dragging this lady out. Listen to what she says. Good. How do you? We knew that this was a turning point and this would be something that could change something to make it better for other women in the future, for other families, you know, justice for those children is this never happening again. Oh, so Joe, just to let you know, this case, this case is just so other women, you can kill your kids, and there's a chance that you're gonna walk because of one guys, because of one guy, they're gonna retry it. Okay, I don't know if it's happening in the same place or not, are they doing it in? What's the official announcement? Yeah, I don't know. If you guys can look that up, Connor, is this, is the, 'cause it's a mistrial, correct, Tom? It's a mistrial? I thought we were waiting for judicial review. Do the judicial review and to find out if they're gonna do it, they have to get a whole brand new jury. Where is it gonna be taking place? I think they have to go out of state, 'cause it's not like you're gonna get another fair shot because of this one guy. So back to the story, I can care less what you guys are a legend that he's done, everybody has a past, okay? But it's this case, it's this case and how many psychiatrists and psychologists have to say, this is the rarest thing we've ever seen. It's highly unlikely that for the time that she was killing them and strangling them, she heard a voice in her head and then she never heard it again and then she tried to kill herself. And it's really funny that all these women lately and there's a bunch of cases that are happening, they are so good at murder when it comes to their children. They are great, but when it comes to doing it to themselves, they suck, they suck at it. And it's on purpose to be like, look at me, I'm a victim, at least I tried to do it. Shame on them, I'm so proud of this guy. This guy deserves a frickin' medal. I think so. I think this guy should change this last name to mansion and just make it official, right, to be the. - Yeah, you're right. - If you know what I'm saying. - Yeah, no mansion, exactly, exactly. Look, that juror does not sound like a deliberating juror. That juror sounds like judiciary. Nope, sounds like legislative. She's saying change the word from decision to legislation. We knew this legislation would represent great change for the future of women. You see it? They went in there thinking they're creating precedent and legislation. They thought that they were taking the feelings of their position and using the outcome of the chase. The difference between them and Kerry Bess, who said, on the documentaries for the OJ case, A, this was payback for Rodney Kale. That sounds like you're talking about legislation. This legislation is payback for the tax cuts that benefited the rich. That's what it sounds like to me. And I'm not trying to be sure here. I'm gonna pull it back a little bit. That's what I hear. And when I went and I watched the Oprah interview, I watched as I could, all dressed in white and all their pearls and everything. And when, did you notice how they got kind of stuck at one point when they said, and he was black, that all of a sudden you can hear the screeching brakes inside their heads? Wait a minute. The narrative, the narrative for the love of God, save the narrative is what they did. And so I'm disgusted by it. Those jurors went off and this is where you've got a jury out of control that the juries are, thinks that they're there to create political activism in their decision. Jurors do that. I'm gonna be a political activist. I'm gonna get my book deal. This is what I'm gonna do. And they know they're on a high profile case. And I look in their eyes and I look at this. And that's my, that's what the feeling I get. - Well, they just sound like sore losers. Have you ever been to jury duty? Any of you guys? - Of course. - Yes. So for me, I've been to jury duty. Have you been to jury duty? - Listen, as much as it's sort of annoying, you got to take weeks or months out of your life, it's your civic duty. It's part of America. I think God, we have a judicial system where actually you can get a fair trial. This lady, Lindsey Clancy, whether you like her or dislike her, she received a fair trial. And when it comes to jury duty, it's a three step process 'cause I went through this. Number one, you get summoned. You know, you get a letter in the mail and all, you know, dozens of people show up. You're sitting in a pool. And then you get into a little room. And here's the crux of the issue. Both lawyers question the potential jurors for fairness and potential bias. What do you think of this? It's like an NBA draft. You're like, I'll take this guy, I'll take that guy, now get that guy out of here. And then finally, they build their final jury. They said, these are the final 12 people. Great. So stop crying over spilled milk. You selected this guy. You have the opportunity to say, no, we don't want this guy. We want this person. So the lawyers have the opportunity to remove these jerks. They did not remove him. And the chips fall where they may. And now a lot of people given this guy massive respect, you know, he just had the hardest time getting over the fact that she viciously murdered her three kids. What's wrong with it? Trump's being asked about whether he would pardon her or not, here's what he had to say. The plan sees attorney last week asks you to pardon her. Is that under consideration? I know, it's a very sad situation. I certainly heard that. But it's-- look, it's a very sad-- there is no winner there. There's no winner no matter what you do. There's three children or dead. No, I don't know. But it's actually a state situation, you know. Not as federal. He's asking you to call the prosecutor in the state. Would you do that? I appreciate that it goes that way. But I need to go to attorney. I've heard from other people. It's a very good attorney. I hope they can work it out. That's something they have to work out. It's a very sad-- there is no winner there. Right. And then he said she's either going to end up in jail or a mental asylum, so-- It's election here. Yeah. But here's my question. When is the last time-- maybe I'll ask you on this question. And I know the president may be listening. Mr. President, you know, I know you're being very careful there. And I know it's a state thing, and that's true. But I think there's a lot of people that are waiting for you to say, no, I don't think I would pardon her. And I'm going to let justice play out with whatever they decide for the new trial. But I think you having a clear voice on this one, there's a lot of people in America like me that are waiting to hear that, because we see the lunacy on one side. Did you hear what DeSantis offered? He offered the potential asylum in Florida. Meaning, why would you offer someone asylum? He's a citizen resident of Massachusetts. You only offer someone asylum, political asylum. If you actually think that somebody's going to try to do something to this guy, what are the chances that a radical leftist will try to do something out of the ordinary to a guy who basically was upholding the law? What are the chances that a crazy leftist would do something like that? These days very high. That's why potentially he might have a asylum. Well, that's the same. You mean like a CEO walking down the street because his company denied your grandmother or an innocent guy speaking in front of a college? I want to ask you, Pat, will any of you? Would you feel comfortable if she was found not guilty because she lacked criminal responsibility? And then they put her somewhere where she had a legal path to be released to the public again. 'Cause that's the goal of what they're talking about is that this was just for this moment and she was crazy for this moment. Now, the kids are all freaking dead. So now she doesn't need all the medication, all the craziness 'cause it's done. Are you comfortable with that? Are you, is anybody out there comfortable with her? At some point walking free amongst the public? That's the question. Why are you yelling at us? Because that's the goal, is that we're walking in public? Are you crazy? And you made a good point, too. With kids around and whatever, who makes it seem that she doesn't see another kid and goes, you know what, I gotta kill that kid, too. 'Cause I'm crazy and I heard a voice in my head. That doesn't sit right with me. And if nobody hears defending her. No, no, no, no, not defending you because what's the main goal of, if she was found not guilty, there's a legal pathway at them for her to come back out and be around us. Well, that's her own people. Guys, for me, for me, the fact that there's even this big percentage of the population trying to defend her to letter off, loose, to all of you, go watch the movie Primal Fear today. Make Primal Fear the number one movie on Apple. Sit there and watch it with others. Primal Fear, Edward Norton, Richard Geer, you will see what the hell is going on here right now. For 18 minutes, you lost it. Let me, you know how many men would love to use the same example and say, "Babe, for two minutes." Yeah. I was captured for two minutes. I wasn't able to find it up. We had no clothes. Babe, I'm telling you, like, it's mid-life crisis that happens to men, like, can you imagine like how many they're just, wait, wait, wait. But why does it keep happening to you? Why does it keep, like, at least once a week, I lose it for two minutes, and I think that's what's going on. You know what I mean? You have to understand what it is to be a man. You know, you have to understand what's going on. No, snap it. I like that kind of, I like that because I would, I would be here, you know what, like that. Ladies and gentlemen, it's like, Tom, your wife is listening. No, no, no, not my wife. I was like, guys, no, we know not your wife. I was on a tour of the Capitol. I walked into Congress while they were debating. I don't remember the next 18 minutes. It was such a crazy day. Yeah, I was wild. Well, you went to a whole different place, but we're talking about, maybe you didn't get what I was saying, but, okay, yeah, let's go to the next story. You know where I went. Yeah, well, that's a little concerning, but let's come back. The whole audience is doing American voters a favor. But let's come back, Tom. Tom is joking, folks. So what I tell you, Tom has got a deep inside gangster. You know, he's got some Mongols or Hells Angels. I don't know what it was. Gang is cut him, you lived in these areas. So maybe they had a little influence over him. Let's go to the next story. Next story I want to get into is what happened with the Houthis. Okay. So it's kind of a weird story on what they're doing. They are not slowing down, okay, and what happened. Most of it, if you can pull up the map, so we know what section it is. Tom sent the map, if you want to just pull up what he sent to everybody. So let me read the story to you. Houthis sees a key Red Sea Island threatening another global oil routes. The Iranian back to these militias seized. Pyram Island and Babel Mandab, straight after days of fierce fighting, Yemeni government officials said Friday, given Iran and its allies sway over the two main routes for shipping oil out of the Middle East. The capture came as Saudi Arabia announced it had shut down a critical oil pipeline after drone attack launched from Iraq in a day after Houthis forced a swept into the port city of Mocha. Iran has already largely cut off oil through the street of Hormuz. Now it's, now its ally holds a foothold at the Red Sea bottom. Like satellite images showed a plumb of black smoke more than 60 miles long near the pipeline. Amit and Nagee of the International Crisis Group called to take over a game changer. In the past, they were creating uncertainty. But now they're controlling everything around Babel Mandab. Crown Prince Mohammed MBS urged President Trump and called this week to take military action. Trump declined by pledge intelligence and targeting support. By 2022, let the Houthis rebuild, they created a new weapon, say, "Catham, who, uh, house, Faria al-Maslimi, they made a much more brutal and efficient version of the state. Let me put it to you this way on what's happened." See that map right there? That's the island. They took over Mocha, the historic port city. They took over Dubab, overlooking the strait. They took over Mayan Perum. They took over Zakir. And as of today, AP reports show now they've seized the greater and lesser of Hanish island as well. This is right there on the bottom. Tom, if you want to kind of go through this to the average person, and we think about the strait of Hormuz, that's the top. What we're talking about right now is more the bottom, the Djibouti, which about 12 percent of business goes through their time. Why is it so important? This is important because if you were to draw a line straight across Saudi Arabia, see Jeddah there, to UAE, just draw a line straight across. The Saudis built a pipeline. So they could have ships over there and the ships can go north to Cairo and they go through the Suez Canal, which goes to Mediterranean and they could take oil to Europe. They also would go south through the Yemeni pinch, which is right there and all the island's paths talking about is right where those two pieces of land come together. So now, watch what happens. So a Saudi pipeline goes all the way across. They go in the ships and they go to Cairo and north. But they also need to get to India and Indonesia and to China and other places. So Saudi built the pipeline. It could go south of that. Because they are insurance pilots. This was the insurance policy. They knew this was common and so they built this in case Iran went nuts, which they have. And now, guess what? Now the Houthis are controlling all of the stuff in Yemen there and they are not good people. Everybody that lives on each side of that over there are not good people at all. And so now we have two areas that are pinched and on top of it if I make one comment, but we won't go there and just make the comment. Now you can see why Trump over the weekend said to Zalensky, I understand your pounding Russian positions. But go easy on the diesel manufacturing because he's thinking about two things. World price of diesel and European access to diesel of those who do get it from Russia. Yeah. Add it up. It's a problem. By the way, 12% of global trade, but this is kind of where I'm at, Tom. And I think this may be unpopular, but I'm kind of with MBS is Ramad. You mean so wouldn't you say this is a form of Iran expanding, expanding themselves. Houthis, funded by Iran, they're expanding themselves. Guess what? Can I ask what the hesitation is with us taking over Carg Island? What is the hesitation with us taking over Carg Island? Well, the timing of it was limited because the ships that we tracked, remember we were tracking ships, USS Boxer, we were tracking minesweepers and amphibious assault ships. And they ran into serious technical issues after they came over. And I'm wondering where is the invisible hand holding us? Because I'm shocking me to say on this point, I agree with MBS. As soon as you go after Carg Island, one of two things, if you destroy it, Pat, you create a worldwide problem because that's where they fuel the ships. But if you take Carg Island and then they still hold the Strait of Hormuz, they're like, "Okay, all right, President Ellsworth, you got the island, but you ain't bringing that oil past here." And so it's like a standoff, but I don't know why they wouldn't just take we or the coalition would not at this point. Okay. You know what it's like to me at this point? Okay. You know, you're there already. I've made this a public. I said this on Mario and a phone when he had me. I said, "I wouldn't have taken out Chamanai. I said that public. I wouldn't have killed him." But guess what? Now you have. If you have, you send all our best ships there. We're there. Iran keeps pumpkin, Strait of Hormuz. We keep saying we have control over it, obviously we don't. And now, who teases expanding publicly in your face going to places and hurting good partners? You know what just happened right now with Canada? Mark Carney is going to EU because he wants to create a partnership now with EU. He's going out there and saying, "Let me go do Strait of Hormuz with EU and EU is like, let's entertain a conversation. We know EU is not necessarily 100% with Trump. We know that for a fact." And they probably can't even wait for Trump to be done with his term. Okay. So if you have these golf states that are now siding with you, they're asking you for help. Now we're not moving. We're getting it to Intel. Iran is expanding with who teases. You're already there. What are you hesitating on? By the way, you've already lost the PR race with Trump. So you're not going to get any better with the PR race, meaning if you've already heard with the PR race, you saying the war is going to end after midterms. Nobody believes you. Nobody believes you. Your supporters don't believe you. 80% of them don't believe you that the war's going to end after at this point, after midterms. It's already taken ahead. You have to do a Republican national convention where we have to talk about $5,000 if we win. You're bribing that's going to be a trillion dollar added to the deficit, which people don't support. And they don't support you doing that because Democrats are going to be able to do $100,000 per vote. Terrible idea. Double whammy. You're in it. You thought it was going to be easier. It's not even he said something the other day, which actually loved the fact that he said this. Trump said, where is the story about Trump saying, you know, sometimes you even, Trump on Iran war regrets, you can always question yourself a little bit. I don't know if you guys saw this clip or not. That's human. Yes. Yeah. Yeah. You can always question yourself. Can you play this clip? Can you play this clip, please? 225. Yeah. You don't know that. Any regrets? No. I think. Like, I don't believe in the word regret. You can always question yourself a little bit. Good. I like that. So guess what, Mr. President, guess what? Your reputation is not going to change right now with the non-interventionists that are furious with you. President Bush, the other day, he said something last Wednesday, which he should watch. He said, sometimes the non-interventionist movement expands. And it does well and you forget that your partners that are doing business with you and buying from you who are living in that area are being affected by those who are intervening and expanding like Iran is. So guess what? Let it rip. Are you saying to go do the war, but they're hitting you. What are you talking about at this point? Even when some of the conservatives who like to go to Qatar and maybe some of you guys who are the most important. getting funded by Qatar, you know who you are? Qatar is not happy with what Iran is doing. Those are the guys that are giving you money. You know who you are. You may even sit there and say, "Hey, listen, man, I like the money I'm getting from Qatar, can we intervene a little bit?" Like deep down inside, even those guys are sitting there saying, "We can't have Iran doing this." Do you understand what I'm saying? Like I'm giving you a different angle. But I think if that's what's going on, dude, let's go with car guymen, let's go with something. Publicly they're saying, "I'm going to take that real estate in your face, in your face, in your face now." Keep on mind, behind closed doors. You know, the president's very good at saying, "Look here, look here, look here, bam." So stuff may be cooking behind closed doors and nobody knows it. But to me, if they keep expanding in your partners or taking a hit, you better make some calls. And behind closed doors, you know, you better do something so the market is realizing, you're not going to keep getting away with this, because they are getting away with it right now. So my concern is, do it fast. You know how sometimes like, you know, when you're, you go to the doctor and they're doing some testing on you, and you're middle eastern, you have a hairy chest. - Yes. - Let's just say. - I don't know what that means. - And then they go like this. - Imagine setting your makeup, then forgetting it's even theirs. Gel to mist technology locks in your look for up to 24 hours, with flexible all day comfy grip. Just plump, dewy, hydrated skin that still feels like your skin. Try new grippy setting mist from Maybelline, New York. - Maybe it's Maybelline. - The stickers for all this, oh my god. - And I just tell them, what are you doing, nurse? - Rip it. - Rip it. - And then you scream like the scene from 40-year-old - Word of shit. - Word of shit. - And then you get it over with it. - How the fuck's in, right? - Yeah, you get it over with. So I think we're at a point right now that this lagging approach is gonna be horrible for midterms, and I think it's gonna be horrible for 2028. I would much, by the way, Tom, question for you. If you have a shot at losing midterms or 2028 presidency, which one would you rather lose? - Oh, terms. Well, I'm about to lose right now. So right now I'm thinking about 2028, but I gotta mitigate right now. So guess what? In your mind, yes, you're greedy, you want both, but the more you're lagging it, the more you're hurting both. - Yes. - Not one of them. Let it rip. Let us hate on you. Let us tell you you're the worst. But let everybody in the market talk shit. Look at him. He sucks. Approval rating sucks. The worst ever worse than this. And worse than that, and worse than that. Boom. And then afterwards, Iran's toppled. Oh, maybe he was a pretty good move, but don't do it slowly. Take that thing out. Go watch 40-year-old version for inspiration. That's rope is what I'm saying. My opinion, Adam, I'll give you thoughts and I will-- - I'm not a 40-year-old version, Pat, but I'll comment on this story. Um, look, I'm actually-- - You look like a little nerd though, right? - Thank you, sir. - That's a good look. I want to give you a wedgie. - It's me, sir. - It's a good look. You look like a handsome nerd. - Thanks, guys. I really appreciate that. Uh, I'm going to push back a little bit. I hope you don't mind. - Push. - I am number one, let me go to first principles. Am I happy or upset that Trump actually took action on Iran initially? - Very happy. Because everyone's been kicking the can down the road. Every president has basically publicly said that we needed to do something about Iran, but then just quietly did nothing. Or they give some BS nuclear deal that Obama did. And then Biden gave them money. Jimmy Carter did this. Nobody's actually stepped up and taken action on Iran and Trump did. So I want to give him credit for that. Now, when he said he had no regrets, I actually agree. He also said that he might have done things a little bit differently. And maybe that's what you should have done. But two things for me. As much as America and even Israel were involved in the initial part of this, you regional powers in the Middle East. Step to hell up. Like in the Middle East, you have one of two categories. You either have like the monarchies and the kings and the Shaws and the Supreme leaders. Or you have regional terrorist groups running your country. So you got to pick a path. There's zero free countries in the Middle East. Zero. So what are these countries going to do? Saudi Arabia-- I mean, how much are familiar with the history of the Houthis and understand how big and powerful they are? Do you understand how big they are? Out of all the terrorist groups in the world, do you know where they rank? In terms of manpower, military power? Do you know where they rank? Number one, they have 250 to 300,000 armed militia fighters. And these aren't part-time guys. These aren't guys like, hey, honey, I got to go to work today. They are born and bred to-be warriors. They got nothing going on in Yemen. Yemen is one of the poorest countries in the world. They basically took over their government. They had a civil war of 2004 to 2014. Nobody said anything. Hundreds of thousands of people dying, unless it's Palestine, keep quiet about that, Yemen. And then in 2014, Saudi Arabia was like, yeah, we don't want radical extremists, Shia radicals running the country right on our border. So now we're going to step in. And what did they do? Saudi Arabia had another war with Yemen, with the Houthis, for another decade. And they failed, they lost. So all these, the Saudi military, you lose to a bunch of radical rebels. Iran, we know that the RRGC is killing their own people. Horrible. So what are you saying? I still don't have a way of saying that. What I'm saying is- This is so much poor play. Yeah, tell me, you're saying you disagree. What are you disagreeing with? I'm saying you're putting it on Trump respectfully. I'm putting it in saying you do something about it, Middle East. You've let this thing fester just as much as America. And my apologies to put this all on Trump and say, you need to step up, you need to step up, you need to step up, you need to finish this. I think he eventually will. After midterms, I've said, unequivocally, I think after midterms, when or lose, Trump's going to do something bigger and deeper in Iran. Because then he has two years left. No, that's not how this works. But this is my- It's not how this works. How do you need to step up? I think Qatar needs to step up. I think Jordan needs to step up. I think Iraq needs to stop all the regional powers. Need to stop looking at America being like, please. Please, would you help us? Let me tell you- You do something, yes. Let me tell you why, disagree. And this was kind of a weird thing for a- Do you argue me to be this way? Who started it? Iran started it in 1979. No, no, no, no, no. I know, but- Like if we want to go back and back and back and back. Don't give me some ridiculous answer. That's not a ridiculous answer. Who started it? Who, who, who, who bit the first attack in '26? Who started it? We did. If you want to say America than America. Okay, America and who? It was a part of it. Okay, great. If you started it, Saudi is going to be like, what the hell you talking about? I never sat there and told you to do this on the first place. You've made my area in region of chaotic area. You did this. I didn't tell you to do this. No, no, no, no, no, respectfully. It's always been chaotic, no, but- They didn't just make it- They're trying to clean up the mess. I understand that. The part that, the part that the president gets credit for is he, he was the first one would brass to actually do it. All these other guys can talk and shut about. Kamala Harris, Iran is this, Obama, Clinton. Oh, Iran is this, Iran is this. Yeah, but when it comes out, you didn't got the balls to do shit about it. Exactly. But, dude, I get that. But if you started, wrapped a whole thing up already. I wish there was, that easier- But, but, but, but- That's why people didn't start it. But what I'm saying to you is if you don't, this is gonna be another one of those 10, 20 or thing that's gonna take place. And guess what? That's not a good idea. Because if it continues like this, imagine if this thing is still going on in September of 2028. How do you think this helps the election? Well, obviously that would be a big issue. But, but I don't see it lasting that long. That's my- How was Iran even surviving at this point? Well, they're getting stranglehold and- You talk about choke points. They're, they're- What are the currencies deflating? I have no money. How is Houthis going around doing what Houthis is separate? I'm talking about Houthis. Well, what percentage- They're still broke. Hold on. Who funds Houthis? Are you saying that Iran funds the Houthis? Who funds the Houthis? The Houthis fund themselves. Where did they get the money from? What does the Houthis get from? They have taxes. I know a little bit about this. They get money from- Who's the representative? Who does Houthis- They do get a portion of their money from Iran. What I'm saying to you is- But it's not 100%. I get it. It's not even 50%. I know it's not, but what I'm saying to you is, I think Houthis. Who does the Houthis tie to? Iran. Who are they doing this for? Shia military. To take over these deflates? They're doing this for Allah. I know, but in the main country representing their Allah right now, that's it war with the U.S. Who? Iran. Iran. Okay. No. They're not doing for the Gulf States. So is Hezbollah doing everything for Iran? Is Hamas doing everything for Iran? Is Isis doing everything for- They're all intertwined. At the end of the day. They're doing- It's not- Houthis, I'll tell you this, when the 2004 civil war started for 10 years, and then they fought Saudi, Iran wasn't even in the equation. This was their own thing. So yes, I know that they're sort of conflated at this point, but I'm just trying to establish that Houthis got their own thing going on, independent of Iran. Yeah. You're seeing stories like this. If Saudi is one of our main partners that they're doing- I wouldn't even call them a main partner at this point- Saudi- Did they just sign a security agreement with Pakistan? Why do you think- And- And with Turkey? Why are they forced to do that, though? Because they're weak and they don't have their own military and their own army? Well, maybe, maybe. They refuse to step up. And I appreciate what Saudi is doing. It sounds like I'm coming down hard on Saudi. But to put this all on Trump and on America, the Middle East Arab countries, they need to step up and see Iran. Who can? Who has the military power to go up against them right now? Iran. [BLANK_AUDIO] Which one of the Middle Eastern regions has the power to go up against them right now collectively? They all do but they don't they don't want to do that though because they want to rely in America You didn't because they want our troops to die people say, oh, we want it. We're not going to go die for Israel Yeah, but what are these Middle Eastern countries doing they're getting affected zero bombs? At a zero mill only this is going into Israel difference here is You started it in the US now you're in so if you started I have to finish it if you started it You're what do you talk? You know the ship. I knew what you're saying you keep saying I'm not disagreeing But I'm saying keep saying what level of involvement to the Middle Eastern countries you keep and Arab countries having this nothing You keep saying you keep saying that we have control of the Hormuz you don't Who's keep saying that the president? Oh, I'm not saying no, he's saying that I'm not taking it out but no, but that's not the point when he says stuff like this Yeah, and imagine your MBS and you're one of those surrounding countries like no, you don't No, you don't you're confusing a lot of people when you're saying stuff like this if you do well then stop them if you don't well Then don't so let me let me rephrase maybe my question what role? Do you think MBS Saudi has to play Qataris have to play Jordanians have to play all these other countries? What role do you think they if you think that Trump started it and should finish it? What role? Should they help strategically? militarily economically should they root on the sidelines and go go Trump how much how much money did they commit to invest into the US? What's the amount of money they commit committed to investing in the US which country Saudi? Some of these throwing money around because they're trying to be yes What though? But remember when the president's going and saying we got 18 trillion hours of commitments to build in the US Insights a total 18 trillion hours a big chunk of it is from Saudi sure people can invest in different ways to support That's true. Nobody wakes up in the morning against the Saudi has won the best militaries. They got to go work on it and they got to build it But back to my written issue question I'm not trying to be combative. What roles should they play in this combat in the future moving forward? You have to at this you don't think Saudi and MBS are sitting there realizing you don't think Dubai is sitting there Realizing holy shit. Of course. We better get our act together or else at any point things can happen It's taking an effect in our business that doesn't happen overnight But the point is I think that they've known this for decades that Iran's always gonna latch out of course They've known that they can't act surprised no one feels bad for them at course. They've known that for decades But they didn't start this war they did not this one they did not start and but this goes back to my issue of pain goal Invergid is we'd be having a way bigger more ten years and unfortunately Unfortunately if you're gonna make a heavyweight decision like that you got to finish that heavyweight decision yourself You made that decision then what's the point of having allies? Every ally plays a different role. So they're playing zero roll though No, they're not they're playing a different role. You need Saudi to be strong because they're investing resources into our country They're they're becoming partners in different ways everybody plays a different role as a partner. Let me get to the next one We get to next story. Okay, so that's good By the way, you know if you agree with what Adam said go connect them message him and say Adam I'm kind of with you on this one here his QR code should be somewhere out the go message Adam He's I think I don't know how much far ways from 10,000 we can help him get to 10,000. I'm an actor All right, let's go to next one next one. I want to get to his Yankees Palestine flag. So the Yankees are playing I believe against the meds and in the middle of it all of a sudden a guy decides to run out with a Palestinian flag on 9/11 And here's what happens to him go and play the clip There's a pretty good body slam that guy W W should sign that guy in the navy blue Everybody chanting USA you do this on 9/11 so the reason why this isn't this is there's a certain relationship there Can you do you have the clip of Palestinians celebrating when 9/11 happened oh yeah, the day it happened in an area where they were celebrating saying hey You know look what they took place. They're dancing. They're doing their thing. Go ahead watch this go back In the wake of Tuesday's terror attacks in the United States How apparently Palestinians took to the street chanting God is great people with throwing candy distributing candy to passers-by The US government obviously has become increasing one increasingly unpopular particularly in the West Bank and Gaza Strip because Palestinians feel that the US government has Decided with Israel one man and now while I've dealt fatta wearing a long glass black dress through sweets in the air saying Actually, that's a woman pardon me saying she was happy because quote America is the head of the snake America always stands by Israel and it's war Against us meanwhile yes or error. We're gonna show you Vinnie how do you feel this? Let me explain and I remember this video I remember that's how old I am is when they actually showed this I saw that live any bot Let me say something to you. You can have criticized is criticized is real like we do I trust me I do it on this frickin podcast, but if you're out there It's I'm all about like it's what are you trying to show? What are you trying to say with that you're running on 9/11 You know what the hell this country went through on that fricking day You see what the people of Palestine did on that day celebrating that God is great God is great when 3000 Americans had to freaking decide you know What am I doing am I jumping out of this freaking building? I'm gonna burn to death. I think it's a huge spin the Facebook. I'm not I'm not surprised This is they're in a freaking city where the mayor the freaking mayor Islam is freaking pro Hit when you give a pen. I talked about this yesterday to somebody on my next speaking of my neck When you're sitting there as the mayor of New York You and you're signing something for 9/11. You know the entire world is watching and and trying to Peace together. What is going on when you purposely give a pen you bypass the commissioner and you give it to that guy You know that saying Tom to the world F you hey, New York F you that's exactly what the hell that saying so I'm not surprised especially when the city's been taken over and this is the Freaking attitude but shame on you. I'm happy that everybody was saying USA USA, but I'm not surprised that it's happening in in New York I have a very quick simple take. God bless you people of New York who were speaking up with a just a full voice response there And USA USA and to the rest of you who are watching that is the heart of New York The heart of New York is not this minority that is surrounding You know that they're they're legitimately elected but really pathetic mayor They're gonna get over this and they're gonna figure it out just enough people wanted free stuff and wanted the Polyannic future got there but the real heart of New York is out there now realizing wait a minute He's opening the doors on this we first saw it with the African-American homeowners in Brooklyn that we're saying wait a minute Yeah, this is about to be bad for us in our taxes and our us running apartments on things we own time out here We can see what's going on, but God bless you you fans that were there because that's the heart and soul of New York Not the comparative minority that is getting behind the socialist fable You're gonna find out what's there and they're gonna come back around Adam well Welcome to mom Donnie's New York On 9/11 where the Yankees are playing the meds the Bronx bombers versus the meds You have shocker a Palestinian protestor show up on the middle of the field on this respectful on 9/11 Are you kidding me? I mean When I say that New York has a Palestinian problem I don't mean that like esoterically, I mean literally they're gonna come over take over your city You just elected mom Donnie How much longer do you want to wait for it to get worse? So at the same time you don't need to be a Zionist pro-Israel person to condemn what this is. These are two separate things Israel just nothing to do with this these people these are Marxist revolutionaries mixed with Islamic Rebellion and they're bringing it to America and we're like oh guys there he goes. Oh, what a problem So to me at its core it's anti-American Tell me if you notice this whenever you see the pro-Palestine marches Do you ever see an American flag? Because if you do it's burning Now let me tell you this little something about who this person is just for a little context If you read a little bit about him the 38-year-old guy. Yeah, his name is Kelly Markucci. It's a man He's a 38-year-old self-described revisionist Marxist from Long Island shut out the Long Island Before this stunt you want on Facebook rant Ripping on capitalism Zionism 9/11 no Kings and then the Kudagra posted multiple videos featuring the great Candace Owens So where do you think he gets his inspiration from it's probably a multitude of all those things this is anti-Americanism If this were a different country, and I'm saying this almost like jokingly hang him up by his neck But of course in America he's gonna get a little fine and mom don't he might even Let him out. He might even give him a medal even a pen. Hey sign this buddy. This is what America's coming to and before But before it's too late do something about it in your area. Yeah, and this was China I'm sorry go ahead Tom if this was China the Chinese news would say an Anti-government individual was seen in Tiananmen Square and they were led away exactly and never to be seen again And by the way, this was a sped he did it at 9/11 p.m They had a special night that night with Derek Jeter Mariano Rivera. It was like a it was like a thing to make it about that But this guy came and did his thing and You know I want to show you this video. It's one of the most difficult videos to watch on 9/11 the way White House posted it of folks who called their family members and left messages while they were on the plane. I want you to watch us go forward. Hi, baby. I'm baby. You have to listen to me carefully. I'm on a plane that's in hijack. I'm on the sand calling from the plane. I want to tell you I love you. Please tell my children that I love them very much. And I'm so sorry, baby. I hope that they will see you safe again, baby. I love you. Bye. Jill, this is Ryan. I'm on an airplane that's in hijack. I think it's not so well. I'm going to keep going. I want to know what happens in the year. What happens in the year? Imagine setting your makeup. Then forgetting it's even theirs. Meet new groupie setting mist from Mabelie, New York. Jelly mist technology locks in your look for up to 24 hours. With flexible all day comfy grip. No tightness. No stickiness. No residue. Just plump, dewy, hydrated skin. That still feels like your skin. Try new groupie setting mist from Mabelie, New York. Maybe it's Mabelie. This is what this is for. These voices remind us of what was taken from us that morning. But September 11th is not only a story of what America lost. It's also a story of what America found in one another. And when the sun rose on September 12th, we stood together as one nation under God. The next day is I draw for work. There was suddenly no road rage. People haunt the smile and blow the stars and stripes. We're coming together on 9/11 as we have not come together since World War II. September 12th, something extraordinary happened. America and much of the world came together. People reached across differences. Strangers and race. Neighbors help the neighbors. People of different faiths, races and backgrounds. And political beliefs stood together because for a moment, we understood what Matt is most. We are human beings. What a great thing. What a great thing. If you don't get emotional watching that video, you don't love America. No, no, no. What a great video this is. So for us, you know, this is why earlier when we were talking, I said, you know, only the paranoid survive. We can't lose that. There's certain things you can't lose. You can't forget what the enemy did and what happened here and how it brought us together. And for us to kind of be a little bit casual about it and not see what's going on in America and different markets and different places. The financial capital of the world, New York City, the mayor there is an Islamist socialist. Think about it. America is a capitalist nation, free enterprise built on Christian values and principles. That number one city that creates the commerce that it has is ran by mayor 25, 20, 60, 25 years later. So as paranoid as we are, we're not paranoid enough. And we have to be more vocal than ever before, more bold, more confident in a reasonable, non-emotional way for people to realize what is really going on. For others to say, maybe I ought to entertain that idea. So the pride in this greatest country in the world. It's, by the way, just so you know, one of the main reasons why we do what we do when I see when I go out and I see people wearing future looks bright. Or they wear the gear. It's a way of representing what you stand for. I stand for this. I don't care if you buy our merch or not. By the way, just so you know, we don't make money off merch. I don't know if it's not like it's a profitable outlet for us. We're not making millions off merch. If you only knew the data, we're not doing it because this is how we're going to be. No, we're doing it because we do believe there needs to be a brand for people to represent that you see somebody like me too. I see you, me too, wink, wink on a plane. The other day, guys were telling me, man, going into the ball conference. I saw a bunch of people wearing future looks bright here. The hat I saw the logo. I saw this. I saw that. It's bringing people awareness around the way. I get messages with people saying, I'm at the bar in a freaking country and the guys wearing that we had a great conversation together. So this is why we believe in this. If you support great, you don't I totally get it. I'm not trying to impose it on you. But this is our way of representing the greatest country in the world and wanting these messages to get out there to everybody. So if you haven't placed anything, go where one of the hats represent one of the hats on fubb.com. Whether it's the future looks bright, whether it's the, you know, faith over fear, just go to fubb.com. Whether it's the loafers, the shoes, the shirt, the jacket, whatever. Maybe it's our way of getting that message out there. All right. Next story I want to get into his interest rates. Tom. Word is out there. That for the first seven three years, we are about to raise the rates. And more and more and more people are saying they believe it is actually going to happen. The fed is poised to raise the rates for the first time in years. Lots of people are saying, wait a minute. This isn't a good thing. And I think you're part of that camp right now that says we shouldn't be doing this. The market is down slightly right now. The one sector that is getting hit hard today is the tech sector. If you pull up the chart on what has really taken place, the tech sector is down out of that one chart that you guys sent me earlier. You know which one I'm talking about that was shown. So Tom, would rates be an increase right there if you're looking at that. What's going on with the market today so far? Nothing crazy, but the NASDAQ is down 2% for the day so far. Tom, why is this concerning to you that we're about to raise the rates? The reason you raise rates is if you have inflation out of control. Or it's rising and you believe it only takes a little bit of rate change to control it. Number one, number two, you lower rates. If you've got high unemployment, I mean high unemployment because it makes money easy for businesses to borrow. So they can build factories and they can expand. And right now, they're begging inflation on two things, which I'm not alone here. A inflation in a broad market is different from a supply spike. And right now we have a supply spike. Why do we have a supply spike? Because we closed refineries in the United States. No one's talking about that. There is refinery closures in the US affected 321 crack spread, which is one, which is the cost of turning oil into gasoline into aviation fuel into heating oil and into the most needed commodity diesel fuel at a reasonable price. So all that transport cost doesn't end up in your apple cereal or lumber. Everything that gets transported with diesel fuel. So I think that what they're looking at is these supply spikes and they feel that it's gone on too long and that raising the rate will tamp it down. Raising the rate won't open new refineries into US. Raising the rate won't stop the war and the supply spike and the cost of the oil that's over there. And raising the rate isn't going to have an effect on the tenure to get the mortgages to come down. And I believe I don't want to be right. I believe that this is going to stall the economy, not help the economy that is already fighting a little bit. That's what I think. I don't want to be right because I don't want the economy to stall so I look at it around. See, we really lost the midterms, man. We went from getting beat to getting just to absolutely beat down. I don't want that. But I'll tell you, I think we need 50 basis point cut. So me and the Fed are 75 basis points apart. You and the Fed are 75% basis points apart. I think we need a 50 basis point cut right now. Well, if you look at numbers, 85% of economists, according to Reuters, are saying the rates are going to go up. That's one. Two. That's what they say. I know, I know. So then you have the second part, which is the jobs report came in three times higher than expected. So Worsh believes the economy can handle it. Number two says the goal to go to 2%. I think he said this at Jackson Hole. We got a work to do. Which work to do means what? Yes. He has to raise it. Then inflation went up. I think 0.3% that the reports just came up. I think we're at 5.4% right now. Getting even further from the 2%. And of course, it doesn't help now that the oil prices right now today are at what time? Was it 104, 102, the Texas? I don't know what oil prices right now. It doesn't help that this is 103, 5, 2. It doesn't help that this has taken place. And this is why earlier when I said stop playing the bandaid game, slowly moving it. Go do the job fast. Get it over with. Because if everyone, can you can you type in where you are right now, go to six months on oil. Now, wherever you are right now, just go to six months right there. Look at that. Up, down, up, down, up, down. Look at that. So if we go in April, look how high it hit 115. April. April. Guys. April. April. Oh my God. Do you not just look at the bottom? It says May. April. Okay. Forget it. Yeah, there you go. So April is. Unbelievable. April. Go back a little bit more guys. Go back a little bit. Go to the peak. Right there. Thank you. what happens next, uh, immediately drops to what 84. "Oh, everything is good," and then boom, back one tent. Then it drops, it's 78, it's good. Okay, back to 105. Oh my God, it's back to 80. Oh my God, it's up. Like, people don't want to deal with this. People don't deal with it. Go get it done, let's move on. It's okay if we're gonna have a, but the more and more we're getting into this, the more challenging affordability takes a hit with folks. We have to be very, very aware of what is taking place. And then look at the gradual incline from where it wasn't July to now where it is today, right there. And then you look at where it is today, all the way up to September, 2026, if you go to it, you'll see the gradual incline to what we are today. And it's gonna get higher if this then continues. So interest rates going up, the other day we're talking about, can you do me a favor and type in, if a person wanted to buy 500,000-dollar house, buy 500,000-dollar house at a three and a quarter interest rate, versus a, where's it gonna be at today right now? Or 30 or fixed times? Six and a half? Six and a half for 700 credit. Okay, so say a three and a quarter interest rate, versus a six and a half, six and a half, six and a half, six and a half, 6.5% interest rate. What is the mortgage payment for that, okay? What is the mortgage payment for both loans? Let's see what it tells you. That's the real number. That's the real number because then what happens is if you look at that, at three and a quarter, my mortgage payment is $21.76. $21.76, at six and a half, it's what? $31.60, that's $1,000 more, then add another 30% because that's after tax money. So it's really $1,300 more that you need to make per month, which $1,300 more times 12 is what? $20,000, $18,000. So I need to make $18,000 more to have that. So then the people that are sitting, that want to sell their house, guess why they don't want to sell their house? 'Cause they're sitting on a three and a quarter loan. Now like, is this the new norm? Is this what we're gonna be? Is this gonna be the new norm? So it is challenging, but the numbers need to go on your side to be able to lower the rates and it's not done. That's the problem. Worsh is almost cornered. So who gave Powell the job? Trump. Who gave Worsh the job? Trump. I mean, what else can you say about it? The guy's trying to do his job and he said out Jackson Hole, "Inflations not going in the right direction." It's a tough place to be taught. And I'm, by the way, the economists that say, yeah, 85% of us say the rate's gonna go up. It's a different vote if you ask them, should it go up? That's where I'm at. And so you're more state or lower? I'm 50 basis point lower. You're looking at supply shocks that are creating the inflation. The inflation numbers are not related to things that are happening broadly. It's related mostly to diesel fuel, transport, supporting chemicals, and all that's happened. And by the way, we would still be upcrap's creek if we had no war because of the seven refineries that closed into US. We would still be up, believe it or not, 25% to 30% on a gallon of gas. Because of the refinery closures and we lost capacity. So I step back and look at it. Isn't that by definition a supply shock? And if you need to build a billion dollar refinery, don't you want to give them a loan at a lower rate so that they'll go do it? - Yeah. - Fill up 66 closer refinery in California because they didn't want to spend a billion dollar retrofitting it for artificial emissions. Well, let's give them a permit to build it somewhere else. Let's give them an interest rate so they can afford to do it. And I feel like I'm psychotic staring at this, staring at this and going, why is this happening? Where are they doing it? What is the invisible hand here? Because I don't see the inflation this way. Is the affordability up? Yes. Everybody in the comments can say, well, it's costing me more. You're right and I'm with you. And those numbers, I do not dispute. But we don't need a rate hike when the inflation is based on energy cost and that what's going with it. And I think this is-- - I'm at a taco restaurant yesterday. - I'm at a taco restaurant yesterday. And at the taco restaurant, the guy comes to me, okay? And he says, "Patrick, things are very bad." I said, "Really?" Yeah. I said, "How bad?" He's on a great corner. He's got great food. He's got the best tacos in town. They do great service. They're very fast and quick. Great location, fun, all that stuff. By the beach. He says, "I can't even hit my last year's September numbers." I said, "What do you mean?" He just came and started talking to me. He says, "I'm going to be down 30% of last year's September." He says, "We are so desperate." He shows all the rest. He says, "All of us right now here are doing what he call it when happy hour." He says, "Every day I have to do happy hour and free tacos just to break even." He says, "Just to break even." He says, "Traffic is down." He says, "All I rely on is my locals." He says, "If I rely on tourists, I'm in trouble." Well, my locals are not even coming right now. Okay? And this is a local restaurant. You know what I'm talking about? It's season. So, but it's not about the season. It's, he's down in September. In September. In September. In September. In September. So, guess what? You have to know, there is a pattern. Affordability is an issue with some of the businesses and we're talking state of Florida. We're not talking about like a different kind of a state. So, Adam, your thoughts on this before we go to the next one? I think it's a useful conversation to have. I mean, I actually have a lot more respect for Kevin Morston. I thought I would. I'll tell you that because my number one concern when Trump is basically choosing Jerome Powell's successor was, "This is guy just going to be a yes man." And respect to Trump. The last thing he needs around him is another yes man. So, if this guy does come in and raise rates, what do you think Trump is going to think about him? Probably not going to be too happy. But I don't see a problem with that because this guy is, the Fed has a dual mandate. They want a cool inflation and they want to keep unemployment, what, below 5 percent? Right now, just some numbers for you. Inflation is what? 4 percent. And inflation is at 3.5 percent. So, and it's potentially rising. Tom was right about the energy causing like that. So, the only reason you would raise rates is to do what? Fight inflation. So, the way I look at it is like, look, I'm not working for the Fed. I don't control global supply chains or anything like that. I can control what I can control. And there's one of two things. There's two types of people in this world. There's a person who pays interest and the person who gets it. And I try my best to be the person getting the interest. So, that means don't take on more debt especially if interest rates go up. Maybe put more money in a savings account or a money market account, collect more interest, do what you can do to basically receive interest, not pay it. Now yes, it might slow growth, yes, it might slow borrowing causes cause go up. But control what you can control. And then obviously save that money. Yeah, it's gonna be a, and by the way, there's only so many different markers you can have to manipulate the market to look like it's doing better. And there is the real thing. Let me give you an idea what I mean by this. You know how, say your health sucks and you're trying to do everything, every pill, every TRT, every peptide, every vitamin time, every omega-3. Every omega-6 top, everything that you got, everything you want to take, except for stop smoking and drinking alcohol and working as it. Doesn't make sense. And you're like, hey, can we do everything for me to get healthier, but I'm not gonna stop smoking. I'm not gonna stop drinking. I'm not gonna do this. Well, dude, like what I'm saying is some of the stuff we're doing is causing this as well. And that part we have to sit there and say stop smoking. Let's accelerate when we're gonna quit smoking. Maybe let's quit smoking, you know, in 60 days. Maybe let's make some bigger decisions. I don't think we've done that yet as a state. And the more and more we look away from affordability as if it's not a big thing, it's gonna show up on the election day. It's gonna show up and then they're gonna sit there and say, how did this happen? How did this happen? How did this happen? And by the way, and it's not like the Republican party is, you know, is got everybody united and momentum and all this other stuff. No, the other day Tucker, I don't know if you guys saw what Tucker said at first, I'm like, this is not a real story. There's no way he really said this or what story was this the one he's basically endorsing outside of his mic Rogers, but I think he went a little bit deeper is what he said, right? And this was on 9/11. Do you have this Tucker Carlson backs Democrats Abdullah side in Michigan Senate race? Let me read this to you. Tucker Carlson, all but indoors Michigan Democratic Senate, hopeful, Abdullah side in his Friday newsletter, defending 2021 comments in which all sides said 9/11 scared our country in profound ways. But we did after 9/11 scared millions of other people, we often failed to center them. Carlson wrote, L side is obviously right and urged Michigan voters to keep this man far away from Washington, meaning mic Rogers, referring to Republican opponent mic Rogers. Rogers has called L side's remarks, disgusting, and said his attitude towards the worst strategy of American history makes him completely unfit to serve in public office Carlson, a former Iraq war supporter counter, understanding that the Bush administration was wrong to kill hundreds of thousands of people and waste trillions of dollars in Iraq is disgusting. L side has also faced scrutiny over his embrace of Twitch streamer Hassan Pekru, who said America, these are 9/11. Vinnie, where are you at when you see stuff like this, because the Republican party is going into the midterms. You have an affordability issue, you have a war issue, you have some things that's, you know, you have to deal with. And then you have people that are making comments like this. How do you process that? like. Especially with somebody like Tucker who I don't I don't think that there's anybody else that has such has made such a a shift Politically who they're representing then then Tucker and Tim you know when I think it really started I think it started when he went to was a guitar. Where did he go to go to speak? He did a speech and when somebody asked him he went the car. No, no Where was the one where he said and I quote somebody said so we heard that you're buying property You're buying a house here and they were in Qatar. Yeah, in Qatar because because he said I'm an American and I'm not even being funny Since that moment I saw a shift as if Tom and ballet for everybody out there going well the records and you could easily get money Funnel to you for doing the speaking event or something where a mass the fact that you're getting from it and I Brow I wouldn't be surprised at some point if Tucker Carlson Seriously converts to Islam because the way that he's acting the way he's cuz if you're going that hard against bike Rogers You're going for you're gonna go away there. I'll actually would respect that all he did at least do it at least do it I wouldn't one do it one thousand percent. I would respect it because shall I it'll happen well because because Adam Real talk if you're this Christian and you want to buy property in a Muslim country where there's no churches You're not gonna practice your religion you'd have to become a Muslim to do it over there He could follow the Milo thing, but I'm telling you right now about what everything that's going on I'm not a lesser of the two evils guy. I may common sense guy You are with your influence. You are giving ammunition to the other side that wants to destroy America from within plain and simple and everybody guys Criticize the president. Please do it. Let's not forget all the positives that he's done with the border with crime with fentanyl You guys everybody looks past that, okay? Criticize him criticize the decisions with Iran Criticize the Israel stuff and I get it and you guys all know that I'm that guy too But the attitude of this and representing and promoting these people. He didn't come on say he's he's backing him But you're saying it without saying it. I'll be damned if I'm gonna go ahead and be like yeah Well, he's right because of the decisions of a war and all that stuff I'm gonna say they'll call you to the win and say the hell with it and go for somebody that's going for El Sa'ad and and all these people. No, I'm sorry. I'm not doing it. Yeah, when I hear Tucker's talking about all by what I want where I want It's like oh, you're going to buy a cutter condo. Yeah. It's like Monaco, but really noisy on Tuesdays. Yeah Wow, very noisy the neighbors are so noisy. They seem upset. Yeah, the I look at that and I think that was just everybody got distracted by that When I really wanted to understand or what was the underlying change or position happening with With Tucker to be able to say that like he is I'm an American. Remember you kind of like yeah, it was weird Like I said, he says I'm an American. I can do what I want. Yeah, I don't dispute that you can and there's Americans that buy Places everywhere I'm still looking at Costa Rica. Yeah, so you've got things that are going on and Americans do that That's not what I'm looking at Pat. I was looking for the why why the interest why then what do you think? I I think there was a change and I think there was some Anything different than what Vinnie said like do you think there's something bigger than that? I don't think all the way to conversion to Islam, but I think there was some some friendship some affinity some speeches You know, I think there was something there that drove it You think he saw opportunity or you think he was offended You think he saw it or you think the motive is opportunity to exploit this or you think somebody offended him You think it's something that he believed in right after his father passed away Maybe he gave him a letter or something that got him to think in a certain way. What do you think it is well? I think he's fiercely his own man, but I think that's evolved over time and what does it mean? And so I think he's got the wealth that he could say I mean Sometimes you do things with your wealth to make points, you know me, but you have to make good points with it Yeah, and you can make very good points. Maybe he's just saying Hey, all of you that say this or that I can do what I want and I just bought a condo here Mm-hmm. I think there's a little of that Adam. Where you in? Look when it comes to Tucker. I really don't care about the why That's like why did Lindsey Clancy kill her three kids. I don't care. She did it. I care about the what? So what he's doing is what I find reprehensible and this is my opinion Tucker Carlson. I've never been a Tucker guy So it's not like I was like I he was my favorite and now I don't know what happened to him I never was a fan of him. I remember meeting Tucker at a AALU meeting in DC and like 2010 he had his bow tie on and I asked him like what's up with the bow tie It's like oh, you don't like it or something. I was like, yeah, whatever you know me with my questions and And to me obviously he switched up and he but he's still that dude in a bow tie to me Tucker is the living embodiment of his laugh You ever met someone with a laugh like that? I'm being dead as honest. You ever meet somebody laughs and goes What that's your laugh? I've never seen people. We've never seen that I've seen some weird laughs You've ever seen that one show that brought people with the funniest laughs Well, let's bring Tucker to that show he went a gold medal people have weird laughs, but yeah But not the faces of movements. So in my opinion Tucker has two things that are Basically pervasive in society right now and he's got them both he has TDS and he has ideas He has trumped a range from syndrome hates Magga H. Trump and he has ideas Israel derangement syndrome hate BB hates Israel And that's all this dude thinks about and then I'll give you my biggest taken people I want you to tell me if you agree with this or not. I think part of the rise of Tucker had to do with the Vanishing of Leaders who have been dominant for a decade Number one Charlie Kirk been a year But don't forget where's Jordan Peterson been for a few years now. He's not doing well He's not doing well. So where's Dennis Prager been? He's a quadriplegic now and he's finally making a comeback So in my opinion when when when the best and brightest people who shaped Basically the the young conservative movement have sort of been like in the background You've about a you've a lot of nefarious actors like Tucker who at one point had a lot of credibility How much talker how much credibility do you think he has now a lot of people say so are you happy now? You know, you were gonna give him money and you're not happy because of this and you're not happy because of that This isn't the Tucker. I was interested in no or yours. Nobody is this isn't the Tucker. I was interested in this isn't the Tucker where You're supporting a guy that you you're putting that Mike Rogers as a bigger enemy than El Sayat your values have changed and sometimes that happens to people and But the laugh party we're talking about if you want to play this clip This is the laugh part. Listen to this. This thing's got 54 million views So when you say people don't have laughs. No, no, I didn't have a lot of people. Go ahead Funny to listen to Can we play Tucker's laugh by the way? We get a montage of that That's her laugh like that. Is that seal? Oh my god. I would hate that Imagine setting your makeup then forgetting. It's even theirs meet new grippy setting mist from Mavily New York Jell-to-miss technology locks in your look for up to 24 hours with flexible all-day comfy grip No tightness. No stickiness. No residue. Just plump. Do we hydrate its skin? Try new grippy setting mist from Mavily New York. Maybe it's Maybelline You pause the right corner gets a little. Oh my god. It's alright. I want to continue with it. Yeah. So well, you know, you know who I respect? Victor David had Victor Davis Hansen did I know you did the video ever you come out yet? Yes. No, it hasn't yet. Okay, gotcha He's a very rational sensible person. Would you would you agree? Sure. Not very emotional. No. He's been scathing Tucker scathing. You know, you know, you know, you osman gold. Yep. I actually I've been I've been seeing a more a little bit more of his content lately When he goes that's it That's it Tucker has officially lost me He's like I had 1% left and then he started basically saying that algebra is meaningless Oh, algebra maybe you don't use it Tucker. Maybe the weirdo that you had on doesn't use it But you know who uses it? Scientists, engineers, mathematicians people who make society go He said once he basically said that algebra is useless. He goes I'm out osman gold. There is there is a there is a difference between Like the other day I had Logan Paul on at the wall conference and I'm just watching him You know what I thought about he says I think my brother will be a president one day He says because my brother is intentional. I'm not as intentional as him He said that right some words like that But I said then I watch Logan. I said this guy's a showman. Yeah, the entire time it was a showman Maybe Tucker is saying I'm gonna be a showman and just be a shock jox say stuff that's gonna shock people Like you have to talk about yeah, maybe he is but that's some people call him showman some people call him clowns But the part is you're no longer the the Serious no, that's not even the word I'm looking for You look that Thomas soul to say be like that man the best you look that Charlie Kirk You said be like that man an example you look that Victor Victor Davis Hanson and you said be like that man I don't think anybody right now says be like Tucker. It's a showman. I think that's how I don't think if he wants to be a showman, go out and make your money, collect your checks that you're getting, but you're not a figurehead. What people looked at Charlie and said, I would love my son to grow up and follow that example. I don't think anyone's saying that about Tucker anymore. I think Tucker's entertaining and he's doing his part and he's getting everybody to talk about him and maybe that's a business model that's working. Now, another person that is built himself on values and principles, the Santas. I'm gonna finish up with this one here. One Florida Attorney General Suznetflix for Data Tracking Children. So that's one story with Florida. Number two, the Santas offers Florida asylum to Lindsey Clancy's trial holdout juror, you know who that is. And last but not least, Florida proves process to designate CAIR, Muslim Brotherhood Antifa as terror groups in the state of Florida. Now, in 2023 and '22, I did everything in my power for the Santas to not run. I did everything in my power for him to drop out because in my opinion, he needed approach Trump. In my opinion, he needed to go have a meeting with him and he didn't. He forgot that Trump helped him become a governor and I told him to his face when I had the conversation with him. I hope he runs in 2028. If Rubio decides not to run, I hope the Santas runs. I hope the Santas runs no matter what. Because he's a guy that at least you know one thing about the Santas. You know what it is? When it comes on to conservative values, he's going to fight for that. He's got audacity, he's got brass, he's not afraid. And I'm excited about what he's going to be doing. The Santas and the state cabinet approved the rule of Friday establishing the process for designating domestic and foreign terrorist organization, clearing the way to formally designate the council on American Islamist relations. The Muslim Brotherhood Antifa designation takes affect 30 days after publication, given groups seven days to object and writing the underlining law. Effective July 1st bar state agencies and public schools from using funds to support designated groups and creates criminal penalties for knowingly, providing material support to domestic terrorist organization. This provides an appropriate framework where they can take action appropriately so they can defend the people of Florida against possible actors and terrorist groups, set state domestic security chief Mark Glacier is challenging the effort in two federal lawsuits, a judge, previously blocked enforcement of a related Santa's executive order against the IAR on First Amendment grounds, a ruling the state has appealed Texas designated the same two organizations as terrorist organizations in November of 2025 and the Trump administration has previously sanctioned several Muslim Brotherhood branches abroad. Tom, why is this important? It's important because the faster a liberal judge goes after a legislation like this, the better it probably is for conservatives, patriots and regular citizens. And so the fact that the judge reacted, jumping out of his shoes to get in front of this tells me everything I need to know, which means that the liberals that want open borders and all the other crap that goes with it and the ability to have groups here on soil enabling other groups. And that's what he goes after here. I think this is great. And I think the Santa's is getting out in front of it, Pat. That's my headline. The faster, the faster the liberals go after it, Pat, the better it is for conservatives and patriots. Yeah, respect to DeSantis. I mean, I'm just wondering what took so long. Everyone knows in America, if you've been studying this at all, that the Muslim Brotherhood is a terrorist organization. I mean, Antifa, what took him so long on that? I'm not so familiar with care, the Council of American Islamic Relations. I'm just willing to bet that they're probably doing some salacious stuff, pro-Palestinian anti-American stuff. And I respect DeSantis for implementing this. I hope that Byron Donald continues DeSantis' legacy because it's tough, big shoes to fill. No pun intended, I didn't mean that actually. But I'm just rooting for Florida to win. And that's why I'm on team DeSantis and whoever his replacement may be. All right, so that being said, Yang, today's what? Monday, I think we have two podcasts that are going to go live this week. Logan Pauls will go out. And I think one other one will go live as well. And we'll be back on Friday. Take care, everybody. Have a great week. We'll do it again on Friday. God bless. Take care. Bye-bye-bye.