The podcast offers a comprehensive overview of pressing global and economic trends, from geopolitical developments like U.S. military presence in Greenland and Ukraine’s drone attacks on Russia, to domestic issues such as rising living costs, declining consumer happiness, and media distrust. It emphasizes that despite a solid economy, inflation, expensive energy, and high stress levels are driving widespread anxiety, with surveys showing that many workers are willing to accept pay cuts for job security. The hosts argue that this environment presents both risks and opportunities—particularly for entrepreneurs and small business owners. They recommend holding cash, protecting core talent, and avoiding new debt, while staying alert to shifts in AI investment and market signals. A key insight is that employees are more likely to stay with companies that foster loyalty and transparency, noting that true success lies in long-term commitment rather than short-term gains. The discussion also critiques media narratives, suggesting that constant conflict and "complaining" content—fed by algorithms—exaggerate public anxiety. The hosts highlight that historical figures like Truman and Reagan made significant positive impacts quickly, but modern political systems move slowly, making local actions more impactful. They critique President Trump’s ban of media outlets like CNN and Politico as a violation of free speech and a dangerous precedent, warning that such actions could erode trust in journalism. Ultimately, the podcast urges business leaders to focus on internal communication, employee well-being, and strategic patience amid uncertainty. A promotional note includes a limited-edition jacket with a "Future Looks Bright" slogan, highlighting the hosts’ optimism about resilience and opportunity in tough times.
[MUSIC] >> I don't want you to hear me. The future looks bright. [MUSIC] And Jacob is better than anything I ever saw right now. [MUSIC] >> You guys just missed a very special moment, because we Tom didn't have time. [MUSIC] And we made Tom feel like the podcast started, and we were literally doing a podcast, and then the music went out, and then Tom looked at us. Pist off Tom, the podcast is officially live. >> Now we're- >> I wasn't pissed off, I was- >> You were furious, you're face turned red. By the way, that tie by Stefano Richie, great tie, beautiful tie that Tom's got on. It's also the same tie that the president wears, by the way, just so you know what I'm saying. >> That's correct, that's right. >> Okay, all right, so- >> And by the way, make sense present while I'm holding, present in the United States, I mean, you got two different things. So folks, I hope you had a good weekend, there's a lot of crazy stuff that's going on here. Ilan Post a video that says here's what the future of the world could look like, and where many of us would be living it. And it literally looks like a movie, but the reality of it is if you know this guy, he's got the money, he's got the back end, he's got the work ethic, he's got the vision. He read a book many, many years ago that got him to believe he's going to be doing this, so we'll talk about that video. Greenland, at first everybody's like Greenland, what are you talking about? We're going to take over Greenland, this guy's crazy. Why is he keep talking about stuff like this? Guess what's getting done, a deal's getting done with Greenland, where US is going to have a presence there to have a clear shot. If Russia all of a sudden decides to go crazy, we got a clear shot. So when from this guy's out of his mind to, well, maybe we're doing this deal and it's actually happening. So, and then aside from that, a couple other stories that happened to hold out juror that we found that based on a couple of the jurors that docs them saying he's a black man, and you know, my God, and you know all this other shows that came up talking about he posted picture with him and his kid. And we'll get into that and Patra Clancy was on 60 minutes and on 60 minutes that we're asking him questions about if his wife Lindsay ever ask for an apology or not you have to hear his answer and he explains holding his eight month old, which you were talking about, and will address will address that as well, Trump banning CNN political MSN now, I'm not sure that's a good idea, but Obama came up and said, imagine if I were to say that Fox News can't do this and there's a clip of him literally doing that, which. Kind of wasn't a good weekend for Obama, I'm sure he's still had a decent weekend, but a lot of the older stories came out Lane Kiffin leaves Ole Miss goes goes to LSU, they play against each other, I don't know if you're following this or not crazy ending, but the stories even crazier we'll talk about that a little bit, maybe five minutes at the end of the podcast, but it is an interesting story Yankees out of nowhere over the weekend. Race two and a half, the $2.6 billion from Apollo, who comes in at a 16% position of the company, putting the Yankees at a 16.25 billion dollar valuation at that number, I think the Yankees would be the most valuable sports team in the world, maybe tied with the cowboys, that's how close it would be. Will we will we be able to buy players is like the Dodgers are we getting getting money now, so if there's only what they choose to do with that money is going to be on strategy couple moves that they'll make, but that was a big because everybody in baseball, if you want to sports him, you made money this weekend. If you own any shares in sports teams, you had a pretty good weekend this weekend. That's not sarcastic. That's true. Every owner should be sending the biggest baddest bottle of wine to house. No question about you got no question about it. And aside from that, with a couple of other stories that we got going on with Russia, and Ukraine Putin preparing to escalate war. And, you know, the president saying that want to build a military base in Poland, like, wait, you're building a mill, I thought you guys are not going to keep going east. No, we are going to build a military base. Why are you building a military base? And on the weekends, Zelensky, thanks Trump, yet at the same time, Ukraine launches thousands of drones at Russia, including hundreds fired at Moscow in largest attack ever to this, this happened this weekend, and this is according to CBS, and it's all over the place. So, a lot of it, they're saying that there's a lot of movement in Europe right now, a lot of countries that haven't been moving, they're moving and they're kind of getting ready for something to potentially happen. And some are saying this could be real thing. And then you got a story that came up. That says, I'm willing to take a pay cut. Just please don't fire me. This is a story by market watch. Most workers will take a pay cut for job security right now. I can't deal with the stress anymore. And then Goldman Sachs comes out and says consumer sentiment and the dumps, despite a solid economy, Goldman Sachs blames lower happiness is the reason for it. Lower happiness is the reason for it. And the fellow that's saying this, what's the guy's name? Let me see something breaks. Is this isn't Joseph Briggs? I think is his name. I may be saying. Thomas Joseph Briggs, Joseph, we're going to talk about you today. I hope you're going to be okay with that. And then a couple other stories outside of that if we get into a caregiving. A Yahoo finance story comes out this weekend that it's not fair what's happening to a lot of millennials today because millennials have to carry give two different people today. Their parents and their kids and it's unfair on them financially that they have to be doing that. That's the story came out, which we'll get into in an open AI anthropic, you know, our overselling AI fear in a way, which is very interesting. It's a strategic but little dark. Let me explain to you why it's dark and little strategic. Some of these guys that have already have massive market share and massive lead. They're trying to now get the US to create new regulations that prevent smaller guys to come and compete with them. It's almost like when vaccines were being given and then all these major vaccine companies got a, you know, immunity to why they can be suit to like 20 72. I don't know what the number was. It was like a 50 or thing. I think it was 20 72 because it was from 22. And so imagine some of some people are speculating saying this is what these AI companies are doing. And then last but not least one story that Tom and I want to get into is. What should entrepreneurs be doing right now with rates staying elevated with AI investment, continuing with global competition intensifying what should founders do higher now or wait by companies hold more cash invest in AI prepare for recession or expansion. We will talk about that as well at the beginning of the podcast. But with that being said, if you're wondering why I'm wearing this, let me tell you why I'm wearing this. Insiders at the wall conference and the David consulting know exactly what this is. This is a letterman's jacket that we came up with that these jackets custom ones they sell for three to $500. Many of you guys have that in your, you know, closet of sports teams you played or something. You did a college you went to. But this is a numbered one that we have here. And there's only 250 of these of which only 70 have been left because most of them were sold to our vault insiders who attended the conference. And some of our clients that we contacted to give them the ups, some of you guys are saying, well, I'd like to be part of that list. We will share with you on November 1st how to do that. But this jacket here that I'm showing you then on the back, it's as future looks bright absolutely sick American flag on it number each of you guys that ordered this will be out of 250 will have your number on it 250 anniversary one. And when you open it up, it's got a bunch of vitamin logos on the inside and then Adams got the other jacket that's not numbered, which has got the vitamin flag US American flag red, white and blue and on the back. Can you turn around real quick to see what the back shows the back shows. I believe also future looks bright sick jacket sick jacket winter is coming. This is a jacket to be ordering for yourself. The the one I'm wearing is limited. There's a limited supply because they're numbered. I think there's 72 or 71 left. The one that he's wearing. I think there's 155 or 160 left of those because they just we couldn't keep him was going off the shelves immediately. So go to F all B dot com. Place the order, especially if it's the limit of once because if you don't do it now, it'll be on eBay. You know how this works. Everybody contacts us. That's not fair. The benefit of watching it early to get these limited things early. And the ones that way they're going to have to pay for 10 times the value on eBay because that's how it works. We can't control that part of it. Having said that, let's get right into it. So time I want to talk business with you. So a lot of people are asking questions who are small business owners founders who maybe have some money in the bank or they're running a good size business doing 100 million year 80 million years 6.8 million year. And a question that's coming up with the rates being elevated with AI investment going where it's at with gas prices oil prices diesel. You're saying what's going on in the economy that businesses can range, right. Should people be hiring today or wait. Should people be holding on to their cash today or wait. Is there a possibility of a recession. Or should I be expanding today. What would you say to founders small business owners that are sitting there saying I'm a little worried what should I be making what decision should I be making today. So it's interesting you're talking about this because you and I are both getting these exact questions on the neck. You reach out and we'll let you know what's very, very interesting to me. I look at first I look at capital. Then I look at people and then I look at a company. So on the capital side, I would be really careful about new debt right now. But what I would be making sure is I've got a relationship with a local community bank. Not with the wells chase city and B of A. Those are the big banks businesses. You'd be surprised how the community banks are willing to work with you and Dallas. There's a bank called happy state bank of all things at the community banks usually have better programs for the city.
a small business person, but I'd be careful about new debt, unless it was just, hey, man, you're a rougher and you gotta roll over the lease on those trucks that they've come up and you have no choice. But I would be cautious about new debt number one, people. I would be sitting down, have a frank conversation with my top people, but I would be protecting my best people. I would say, look, we may be going to a recession. I need your best. We may need to put a little bit more in and drive, but I would be protecting my best people by being very transparent and open with them and driving them. I'd be careful about hires, unless it's a critical skill. If it's a critical skill, you gotta go higher. Like you have a roofing company, you don't have an estimator, you lose your estimator, you gotta go higher in estimator. But on other things, I'd be careful and I'd be really giving other people opportunity in a company and say, look, if you can stretch a little bit and do this, I can take care of you. And if we save on one hire and we all can come together, I may have a little bit more for a raise for you. And then in terms of the company, I would keep my powder dry and I'm going to speak to smaller businesses, Pat, because we consult with a lot of those and be ready to maybe pick up the smaller guy across town that doesn't make it through if there's a recession or something. So I would be keeping my powder dry and being ready to be opportunistic as a Warren Buffett once said. When it's raining outside, I've kept my capital ready and I run outside with a wash tub. And that's his message was during tough times, sometimes there's opportunity. - Yeah, you know what I would say to you. Think about a few things, very valid questions, we get them regularly. Every time money comes to me, I always want to have dry powder, I want to have cash because I know many opportunities come up a few years ago when I wanted to buy a blue chip share into a company. Okay, Yankees came up and said, "Hey, you know, this is the valuation." I'm like, "Oh, that's high, that's how you shouldn't do that. You shouldn't do this." Well, I invested into Yankees June of 2023. We were at Bermuda, wherever we were at. At that time, it was a five to seven billion dollar valuation. It's at a 16 and a quarter valuation because the Yankees just said a 2.6 billion dollar round. And so money went. If that money would sit for too long, it wouldn't duplicate. It wouldn't be where it is right now money-wise. Anthropic, if you were to put 10 million dollars, if you put $100,000 in Anthropic, just five years ago, you know what it would be today? If you put $100,000 in Anthropic, just five years ago, today it's $150 million. Let me say that one more time. If you were to put $10,000, let's make it even smaller, it's 15 million bucks. If you were to put $1,000 in Anthropic, it's $1.5 million. The average person has $1,000. $1.5 million, what kind of money is that? So you got to keep your eyes open right now with investments. I'll say the other part with, you know, what everybody could do at a time like this, is I'm always interested in this. I want to get the pulse from the market. I want to get the pulse from my executive team. I want to get the pulse from my investors. I want to get the pulse from everybody. So last week, we had a one of our clients, they do $100 million plus out of Canada, Toronto's a pharmacy company. And they had 40 of their franchises all flying on Friday. And they came and met with us. And we went through two hour engagement that we did. They brought all their franchises together. Thank you so much. Each of the franchises, they do between two to $7 million a year in their own revenue as a franchisee owner. And they sat there and they're like, hey, here's what we're going through. What should we be looking at? What should we be concerned with? And I started off and I said, hey, do you know what the recent 10 acquisitions have been in your industry? No, we don't. So I went and started pulling up some of the numbers. I said, did you know XYZ company shopper, something shoppers, pharmacy company in Canada? I said, you know, that company sold for $12.4 billion. They said, what? I said, yeah, you know how many locations? I gave the locations. You got to be kidding me. No, I went through all the acquisitions. Then I said, let's go through everyone's concerns here to see what they're worried about, what they're thinking about. Everybody get their set of concerns, their own set of motives, assumptions, fears, and asks. And then we unify the whole group together on the same message. We identified what the messaging should be moving forward and then from there to go expand and have a vision of 200 locations within the next five years and then eventually exit for multi-billion dollars. They're very excited about that. But I think if there's anything you ought to do while you're going through this phase, hiring, firing, grazing, doing any of that, get your leadership team together, have an off-site session for a few hours, talk to them to see what everybody is thinking about. Sometimes they will give you a lot more information than you're thinking. Ray Crox said once at McDonald's that 90% of the ideas came bottom up, the customers gave it to them, the employees gave it to them. But if you're not communicating with your employees and your clients, you don't know what those ideas are. We just got back from the vault. We do a massive survey and we read every single survey on how to improve the events and what we do with our clients at the vault conference. You can do surveys with your employees. You can do surveys with your customers. You can do surveys to see what people are thinking, what people are worried about, and then choose. Pick and choose which ones to go address. But I think right now talent is available. You know why talent is available? Story comes out, and I'll start off with this. Why say talent is available? Most workers would take a pay cut for job security right now. This is a market watch story. I can't deal with this stress anymore. A lot of people are concerned if their job's going to be around or not. Is someone going to fire me? Am I going to be let go? And a lot of people may be getting fired. And these are good quality people. They can hire out a different company. So this is also a very good time to be looking for Salah Talon. I'll read this to you and Tom. I'll come to you with this. For decades, standard career advice was to follow the money, which is by far one of the worst advice somebody can give you. In my opinion, and I'll give my argument on it. Why? Now with layoffs rippling through white collar industries, a grown share of workers say they would gladly take a tray pay for peace of mind. According to Masters 2026 job security report, half of workers would take a pay cut for job security. And 61% would give up some part of their compensation. Of those willing to take less, 26% would accept a cut up to 5%, 28% would take 5% or more. And 11% would surrender more than 10%. Workers are exhausted, said, "Master career expert Vicki, Salami, they're telling us I can't deal with the stress anymore." She cited one worker who turned down a $240,000 your in-person job for $120,000 remote role, prioritizing flexibility and stability. The anxiety is grounded in a cool labor market. Job leads expert Jan Van Hollen said searches that took five to six weeks, a few years ago now, routinely take three to six months would candidate submitting 100 applications without landing an offer. Tom, what do you say to that? So what I say is articles like this usually grab a couple big, big tomatoes and throw 'em at ya. Like this person turned down $240,000 so they could work from home at 120. Well, you don't know this person. You don't know if this person was gonna have to move to Chicago and maybe they've got a relative they're caring for. You just don't know. However, the underlying, beyond the sensational example that they like to throw at ya is reality. And right now reality is we're seeing little layoffs now in them, we're seeing consolidations in tech companies. And we're seeing areas where people are saying, "Hey, you know what? "It's not 2021-22 where I can go hold my employer hostage. "Maybe I should appreciate my employer. "Maybe you know what? "I should stay here." And on the other side of it is they can read and they know what's going on in their industry and Vinnie, like you knew in the Air Force, Space Force, you knew when something was coming down with early retirement and stuff like that. And everybody would talk about it and either create an excitement or stress. Oh no, we're gonna have no leave for six months. That means we're gonna go do some military action somewhere. And the organization would feel it, wouldn't they? - Of course. - Yeah, see, well, it's the same thing here. So people are feeling it and people are like, "You know what? "I like my job. "I want to be seen as a hard worker." And, you know, I'm willing to give up a little bit. I don't like the situation. I don't like workers under stress. I don't like to see that. But Pat, what we're seeing right now is very natural and the smart ones are saying, "Maybe I need to surf it out right now in my industry. "I don't want to be laid off." And you know what? Maybe here is a pretty good place to be. - Adam. - This is the number one question in America right now. It was like, "Should I work? "How am I gonna make my money?" I break it down to the three categories. Because I think the average person, I think, has 12 different jobs in their work life. Like you go from a job to job to job to job. What you don't wanna be doing is going from job to job to job to job every three to five years. The number one thing for me is what industry are you gonna be in? Number two is what's your specialty? And the number three, how much do you value your loyalty? So like, I've been at my company, welcome funds, for since 2007, I'm going on my 19th, almost 20th year. And here's the thing for me. Do you know how many times I've been offered a higher paying job to go to a different company for a different opportunity? But you can't put a price on loyalty. So I've been with you, you know, as your co-hosts for six years. If I had any say in it, I wanna be here for another 20 years. Growing with a company is probably the best thing you could do. Especially if you can increase your market value, especially if you can get equity in a company. You know, a lot of people we saw during COVID were going for a higher paying job. and then a year later, they're gone. So, Lord,
- The ability to me is the number one thing, whether it's a relationship, whether it's a work relationship, that's kind of what it comes down to. - Yeah, I think that's a good point. I do think there's two sides as well, because for us, you know, in the insurance side, we never lost the vice president. And the reason for that was we had a very simple rule that we followed. Every day we wake up and I would tell the store home office, our job is to make the company better today than it was yesterday by 1%. And I think sometimes employers don't take that mentality. Sometimes employers take, let me just take profits off the table and, you know, whatever. Let me just take the money off the table. There are some employers that don't think about what is the right thing for the employee. But the employee's job is like choosing a wife. Go choose a company that you can marry instead of date. Yes, when you're younger, you're gonna date a few different frogs and all this stuff. You're gonna go through it. But eventually you should find a wife. And the industry should also be something that you're finding a wife. Like a 10, 20 year commitment. I made a commitment to the insurance industry. I was gonna be in it for 20 years. I sold my business 20 years and nine months after I haven't been in the industry. Literally that was my timeline where I sold a business after 20 years and nine months. After all conference, one guy named Walter, whom I met five years ago, he was on our consultant calls and I always would feel something was special about this young man. And at the time he was 22, 21, 23 years old and he would go to our events that I would always see him and this guy speaks very well. He got up and he said one of his mentors told him something one time. And he said here's how it works. If somebody doesn't do a good job at the company, it's four things that I have to do as an employer. One, I have to find you a boss that you can no longer report to me. You need to find somebody to report to. Number two, I have to find you a peer a higher somebody that can help you because you can't do all the job by yourself. I have to find somebody direct report to you to be able to take some of the weight off your table or last but not least, guess what it is. I have to fire you. And those are the decisions companies have. If you're not carrying the weight, whatever your job may be, that employer's thinking I've got to hire you a boss, hire you a peer, hire you a direct report or fire you and move on and typically that only happens when that individual is not improving and recreating themselves. And if you're sitting there like you don't understand, you don't understand, you're talking from your chair, you have all this money, you can keep talking like that all you want, nothing's gonna change, nothing. You can totally, coach doesn't love me. I know he doesn't love me. You can bitch all you want about your coach kids. You have kids who say, your coaches, you know, you got to go and train on the weekends. A Sunday, I'm like, hey, we got to work on something. What's that? We went and ran two miles with Dylan to get his running and all this, 'cause we got to work on different areas. You can say whatever you want today, my company doesn't love me, the industry, the president, the politician, the press, all this stuff you can say, what companies are always looking for is people that want to find a way to improve that company. It's very hard to find people like that. I got a guy the other day who's a call on a reference from one of our employees. And he says, hey, what can you tell me about this one employee? Reference. Let me tell you what I can tell you about this one employee. My guy who runs the property here, Barney. You guys know Barney is only guy that's gotten outstanding three times in our calibration. He says to me, and Tom says to me, he says, every time I go to the studio, some of the guys that work in the studio sometimes, let's just say they just do audio, let's just do this, they do that. He says, if this guy, there is nothing going on. We never see him on their on his phone. Sometimes the other guys will stay on their phones. This guy will never stay on his phones. He's always working on fixing something at the office here at the studio here. And he says, it's funny. I always, by the way, I'm not here to see that. Imagine setting your makeup, then forgetting. It's even theirs. Meet new grippy setting mist from Maybelline, New York. Delta mist technology locks in your look for up to 24 hours with flexible all day comfy grip. No tightness, no stickiness, no residue. 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. I don't have ice here. I'm not running cameras to see what everybody else is doing. But others who treat the company like their own company, they see it and they talk. And then when we get into the meetings and they'll say, let me tell you, man, that one guy. So I told this story to the other guy that wanted to ask for reference. He said, I said, that's the guy. He says, that's the guy. I said, you're getting that guy. He said, well, that's good to know. I said, we have a great reference. So people are going to talk when you do and the writings beyond closed doors. Eventually enough people will realize you're not the one that's lacks in casual. And it's very, very hard to find people like that. Let me get to the next story. Now Goldman Sachs, we're still going to get to the other stores. Goldman Sachs Tom talks about it's because it's happiness. Consumer sentiment is in the dumps. Despite a solid economy, Goldman Sachs blames lower happiness. Tom, do you agree with us lower happiness? Because a study that came out, you know, University of Michigan, Consumer sentiment index. It's a record load this year following 13% year over year in September. We'll drop of almost 8% from August alone. Economists have puzzled over why sentiment has stayed depressed into since the pandemic. Even with the economy haven't gone up. So this person says Goldman's economist Joseph Briggs told clients this week that downward pressure may stem from a broader pessimism in society. Low reported economic sentiment likely reflects a more fundamental downbeat assessment of the state of the world rather than the economy. Briggs wrote, to be sure he said, inflationary pressures are likely hurting confidence too, but lower happiness at large can partially explain the disconnect between sentiment and other measures. Tom, do you agree with them? So what are economists supposed to do? They write opinions and papers. And Harry Truman, Vinnie, you'll like this. You know what he said once? It's kind of a math problem, but not. He said, I don't, I don't, I don't understand. If I laid all of my economists end to end, they still wouldn't reach a conclusion. And so I agree with Harry Truman on that. I don't know if Vinnie got that, but could I be completely honest with you? I did. But I get where he was going. So Briggs is looking at a happiness survey, and he is looking at an accurate survey. This guy works for Goldman Sachs. He's a highly paid economist. And they said that happiness in America never really recovered from the pandemic. Okay, fine. But what he's doing, he's making a correlation that maybe say consumer sentiment is down and consumers aren't buying because of happiness. No, it's because we have a legitimate economic crisis right now in terms of affordability. Gas is expensive. That's not helping the consumer. That takes out of their budget. Expensive gas, expensive energy, expensive electricity. That's hurting the consumer. And then insurance is up, and then we also have diesel, which is having $6 diesel is putting pressure on goods and services. So this is an economist, Pat. I disagree with the way he put his argument together, and I disagree with the conclusion he reached. And that's why CNBC turned it into a headline story. It's not just the happiness. We may not have recovered from the pandemic, and we may still be a little pissed off inside about that. Yeah, sure. But it's not our happy. - Can I ask you a question? - That's affecting-- - I got a question for you. - I can't go to the grocery store. - I got a question for you. So let's say the president was had the support that Obama and Biden had from mainstream media where 95% of the reporting is positive. Okay? So let's just kind of say that. Because you know how it is, 95% of media is not going to be on Trump's side. Let's say 90%. The only one that's on Trump's side is who? Say Fox News, mainstream, okay? And nowadays, including social media, he doesn't have a lot of support, right? From a lot of people, from the walk right, the left, the walk left, whatever you want to call it, he doesn't have a lot of it. Do you think if an Obama was president today, or if a Biden was president today? And if the president Trump got the level of criticism that Biden got Obama got, which is not a lot, mainstream wouldn't criticize him. Do you think half the battle of the happiness is because of the amount of noise mainstream media makes at whatever this man does wrong, which by the way, some of the stuff he earns the right to get criticism for? Do you think some of that is the reason why people are not happy? One of my friends who runs a trucking company says, I don't know why. Every time a Democrat is in the office, there's just less noise. And I said, so your decision-making is based on a Democrat being in office is less noise. He says, yes, every time a Republican is a president, there's riots, there's protesting, there's issues. There's that, I said, that's exactly what they want you to think and believe. You know what I'm saying? So how much of this happiness index is purely based on how much fear porn is being sold every day by mainstream media? I agree with that point, 100%. It because they kept saying this about Obama and health care. Let him fix it. Give him time to fix it. They don't say that about this president. They constantly hammer it. And I believe that that does hammer on American psyche. Now, some of the things we're talking about, 650 diesel today, that's real. But what the media is not saying is, give him time to fix it. Hey, refineries were closed. That wasn't all the president's fault. That's what the media would be saying if it was Obama president. You're making a very good point on this, that some of this noise would be turned down because they'd be given their guy a pass or given him time. Let him fix it. President's working on it. He's got things going on. Give him, they never say that about Trump. But I don't think we have a happiness problem. I think we have everything caused to damn much, to be happy problem. And I understand where you're coming from, where the media coverage, obviously people are getting depressing news, [BLANK_AUDIO]
the time. But Pat, I just flew to California. My mom had surgery. She's probably listening to us right now. A plane ticket that would normally cost me 450 to 500. It was $900 with no additions to fly to California. Then I get to California, regular gas time, regular old gas, six something, diesel, 875. And I get it, these are the, these are Cali and the Chicago's and all these places. But like people are just think about it, time to go to a concert, to, to go to a game, to go out to do something. It's getting expensive as hell. The whole Netflix home in chill. That thing is a real serious thing. And those are the companies, Pat, we'll talk about investing. Netflix, video games, everything. It feels like not COVID level depression, but people, it's everything is freaking expensive. And if you're the average Joe in middle America, it's hurting. It's hurting right now. And I don't think it's because they're sad because of anything else. It's because it's too expensive to go do fun stuff. Well, they could be hurting, but the media is also not putting red, white, blue, hope. I agree. I agree. I agree. You got to maintain hope and vision. And the amidst dark times and what you need, hope and vision under Biden is like, guys, be patient. It's going to be fake. Oh, yeah. Oh, absolutely. He's figuring it out, have some hope. He's draining the strategic petroleum reserve, ringed out the gas artificially. Look, I empathize with people who are struggling with her paycheck to paycheck right now. At the same time, I'm just, I'm sick of the complaining. Everybody's the complainer in chief these days. Tell me when life was super expensive in America. Tell me when you could afford everything you've always ever wanted and you had all the money for every single problem that you had. I don't remember that once. I've been working since the Clinton administration. Never have I woken up and said, I can buy everything I want. I'm rich and the economy is amazing and everything's cheap. So to me, everyone's sort of complaining these days, yes, happiness is, is, is important. Work life balance is important. I remember when I first started my, my money show, I started covering it was called the International Day of Happiness. And they basically said that, you know, there was a, the Kingdom of Bhutan was, they didn't track their economy by GDP. They tracked it by GDH gross domestic happiness. They said, we just want our people to be happy. We want life to be happy. And I'm like, okay, that's, that's one methodology here. But if you look at where America stands on the global happiness index, do we have that chart? We're doing pretty damn good. But with the advent of social media and everything that's going on, everyone, especially Gen Z is depressed. They got anxiety. They got victim mentality. Things are crisis. It's like, have you ever been to the rest of the world? You know what's the only thing? To me, life is so good in America. We're looking for, excuse me, to complain about it. You know, you know, it's funny. Adam, you say that. And I, and I try to think, this is why I like to talk to folks that are younger to see exactly what's going on. But I'm going to say something here. One thing that's different about when we were their age, you know, I'm, I'm 47 now, about to be 48 in a month, you're 48, you're 46, Tom, you're in your late 50s. And when you, when you think about, you know, when we go to dinner, what are we doing? We go to dinner, phone is set aside. Okay. I talked to Anthony, Anthony Gross, VT Gen Z doing a great job. I said, so what do you watch politically? He says, I watch nothing. I said, what do you consume? Nothing. Okay. And the guy is fairly happy. He is, he is fairly happy. We, we did not have access to news as much as these people do. I should say like back in the days, 40 years ago, when you and your wife got into a fight, you had a 30 minute drive back home. So you would cool off. Today, when you and your wife gets into a fight, you can tell her exactly how you feel within seconds in a text. 40, 30 years ago, when you and I got pissed off, nobody gave us shit. Bro, go back and do your job. Yeah. Today, you know, if you really want to be noticed, guess what? I'm telling you right now, pick a celebrity, go make a video, trash them. It'll go viral. Go create a rumor. It'll go viral. And there is, there is business models today for bitching and whining and trashing people. You know what that business model was 20 years ago? Okay. So go 20 years ago, you're pissed off at a celebrity. You're pissed off at somebody. What did you do 20 years ago? Yeah. I actually want you to think about it. You throw a shoe at the TV. If 25 years ago, pre-Facebook YouTube era, you're pissed off at a celebrity. What are you doing? You're writing a blog? Go 35 years ago. What did you do? You do it. Perez Hilton did and started some weird blog. But go pre blog. What I'm trying to say is go there was very near what did you do when I'm trying to say this guys a part of it that it maybe even were victims of it is there's so much noise today that you're like maybe all this shit is just like litter too much and it's always been around. We've always had wars. We've always had pricing issues. We've always had affordability issues. We've always had marriage issues. We've always had friendship. We've always had betrayal issues. The only thing today is it is exaggerated and levels we've never had. And what do we do? You have to ask yourself how susceptible are you to all that noise? Do you fall victim for it? Are you able to kind of tone it down and say nah, this is noise. I'm not even touching this one here. We have so much insane noise that people are famous today because they become professional complainers. Yeah. There was not a professional complainer job 35 years that I'm telling you if you were a professional complainer 35 years ago, you know what you were? You were unemployed. If you're a professional complainer today, guess what you are? You're a YouTuber. Yeah. You're a content creator. I'm actually not being sarcastic. There you are. There is a very, no, I'm not being sarcastic. No, no, no, no, no, I said you're on point. Oh, jeez, and I get that. But to me, Vinnie, you look like you want to say something. No, no, no, I'm agreeing with you. No, please, please finish. No, no, my main thing is today, I'm telling you, if somebody wants to be a, well, you want to create a YouTube channel doing well, go to chat, GBT. I am so serious with you. If you want to chat, GBT right now saying, give me three things that most people hate the most about the top 50 biggest celebrities in America. What do they hate the most? Go make videos talking about those three things people hate the most about the top 50. You with, by the time you get to the 50th person you talk about, I'm willing to bet you're going to have 10,000 subscribers. And maybe you get lucky and one of the short schools off and you get a hundred thousand subscribers. We have, there's so much yearning for complaining today. There's such a, for whatever reasons, the algorithm's feed because mainstream media has always been about the three C's. What is it? Change, conflict and controversy, right? And you know what I would add? I would add a forcey today, complainers. Today, there's a business model for complaining, but it doesn't necessarily mean it's doing good. Like anytime I see a guy that's got a content creation and they're complaining about what Mr. Beast is doing or they're complaining about what Logan Paul is doing, complaining about what, you know, pick, pick, Rogan is doing or complaining about what I'm doing or complaining about what anybody is doing. You know what I think about? Whose life have you changed? But guess what? If the algorithms pay, that guy's going to continue doing what he's doing because the algorithm says, keep complaining. Of course. Keep complaining, complain even more, exaggerate even more, make it up even more. It does better go. The algorithms, unfortunately, today are producing complainers. So now you have to be able to differentiate and say, did what Vinnie say is a lie? No, prices are high. Gas prices, it shouldn't be six and a half and freaking California and 850 for diesel. People are paying a price for it. Are people getting laid off today? Not as high as you think, but some people are losing their jobs and they're worried about AI. Do we have issues that's going on with a war that could turn into something big? Yes, but we generally have always been in this. It's just it's more exaggerated today because it's what the president they don't like or person they don't like. You think they're going to highlight the fact that grilling the deal is massive? You think they're going to highlight the fact. When's the last time CNN or ABC or CBS when it covered how safe the borders are today? Compared to what it was, they're not going to because that doesn't feed the change, the conflict, the controversy, the complaining. It's not going to feed that audience and people fall trapped for it. Unfortunately, Vinnie and I and I agree 1,000% fantastic point that it's always been it's getting expensive. We've always had the wars and everything. I think the and we've always had it. I think the problem is people are sick and tired Pat because we can fix it. We can actually fix these prices and the no wars. Like for instance, fraud, waste and abuse. They shut down those when we've seen from Nick Shirley and all these people billions and billions and billions not just one or two hundreds of billions of dollars. All these people, Minnesota, California, all the fraud. They freaking started an act. They put they enacted an act to make people stop looking at their fraud. Okay. The millions, all the illegals that we let in here under Biden under all these people were giving them money. I think last year they gave 150,000 dollars to illegals for them to buy a home. They come into this country and they're taking all the money. We're not deporting them. Okay. And then we starting all these wars and stuff. I think there's things that we could do. Our government can do Pat to stop all this nonsense. So we're yeah, it's still going to be pricey. We're never going to come down because inflation is going to be it is. But I think people are pissed off because it's like guys. Let me ask you another problem. Let me ask you a question. Here's a question for you. How many presidents have been able to get in and make dramatic positive changes? Traumatic. Imagine setting your makeup then forgetting it's even better.
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But let's go with the positive first. - Okay, okay. - So he was able to clean the border. - 1000. - By the way, is there anything more important in that? - Two. - With two. - To me, absolutely. - Okay. - And people aren't even thinking about it. - What else can you do? - To recognize the ball of common life. - I agree. - What would dramatically positive changes? - What else? - Any other president? - Any other president, guys? - You could say the Clinton balanced the budget and was a fiscal concern. - How long did it take? - It took him a significant, I think, into a second term, I think. - Okay, so six years? - Six years, yeah. - So it took him a little while. - Okay, what else? Tom, what else are positive changes? - Well, you can say it was in the works, but people will say it wasn't. But Truman took, and I just looked it up. Someone to know it. It was literally one month and four months to get the German surrender and they get the Japanese surrender. The German surrender was in process, but he had to make the call in the nuclear weapon, unfortunately, tragically. But he ended the war within months of coming in. World war, Europe, don't give him credit, but the Pacific, you give him credit. - Okay, good. - Also, Reagan got, and there's a picture of him from Time Magazine on the cover. I remember this, showing all the votes that he got in the Senate to change the tax plan to release money to be invested. There is a picture of him on the cover. There it is. That's it. I remember that picture. That is the roll call of the Senate from November of 1981 on the changing the tax code that released-- - Do you know why I'm asking this question? - And it sparked the economy. - This is the thing about Tom. Why I love being around Tom. Because Tom's a, honestly, he's a walking professor. You're always a learning. You're always getting smarter. - No, no, but I'm just being serious. When Tom's doing his case studies right now, when I left Harvard 11 years ago at this OPM program, I said, none of these professors teach as good as Tom does. And I said, Tom, you got to start doing case studies. I said, within a 50 at one, you do. You're going to control the word case study. Within the 20 at one, he was the word case study. But this is why I'm asking this question. Let me tell you why I'm asking this question, Tom. The reason why I'm asking this question is the following thing. I'm having a call with two days ago with Stephen A. Smith. And he's got some stuff that he's going to be doing in Brazil and other things. And anyways, conversation I'm having with Stephen A. Smith was about running for office, you know, running for office. You know what the conversation was made? The main premise, I won't go into details. But the main thing was, when you become president, can you actually make a positive impact or do you realize how slow things move when you get in? For instance, you know right now, when the biggest conversations are having about oil, it's the oil tanker issue we're having right now. You know how big the oil tankers are? Their four soccer fields long. They carry two to three million barrels of oil. They weigh the same as a skyscraper, but there's one problem. They move at 10 to 15 knots. You know what speed that is? The speed you're going to bicycle. So what does it mean? - It's slow. - Going slow. - Extremely. - So meaning the impact of diesel or oil or all this stuff could be what? Months away because it moves so slow. So if this is an oil tanker, you know, four soccer fields long, two to three million barrels, size of a skyscraper, if that moves that slow, how slow do you think the government moves? So, but do you understand what I'm saying to you? This is why if you wanna make impact, go win locally. If there's one thing Democrats, you gotta give credit to them, they win in one locally. They went and brought AGs locally, judges locally. They went and said, hey, let's go there locally. Look at the noise they're making. They're going locally. This high level stuff, like one of the biggest things for me was a voter ID thing. That never got passed. Why? 'Cause who you gotta go through? Supreme Court, and who said no to it? Mayor Amy Coney Barrett was the one. That would have been the biggest legislation that the president would have made. You know how safe you would have been the next 30 years. That was the, in my opinion, the biggest thing. So, a part of it as well is for an operator that can make decisions like this, a Trump, to go into a system like this that moves this slow. Unfortunately, some of the stuff moves very slow. You're gonna take some risks that are not gonna be, but the reality of it is, going in and trying to make changes, it's gotta be very, very annoying to an operator like him. Not saying he's doing a perfect job, like the other day, I'll read this and add, I'll come to you first with this one. Trump's banning CNN, political, NMS, and I don't know if you guys saw the story or not, or not. Report is barred from White House after Trump announces ban, okay, which, okay. So, is this a good idea? I think this is a terrible idea that he's doing. But why is he doing it? Also understand why he's doing it. Report us or CNN, MSNN, political, say they were denied access to the White House. Ground Saturday, they have to Trump announce that three organizations were banned media outlets, shouldn't be able to constantly write or report fiction and lies when they're covering the president of the United States. ABC News observed a CNN report of a photographer turned away of the security booth. Their past is confiscated. CNN said it has a right under the U.S. Constitution to do our reporting without hindrance or interference from the government. And this ban is an illegal assault on the fundamental right. MSNN tends to take any and all steps necessary to defend our amendment rights, an essential role of independent journalism and our democracy. That network said confirming some of its journals were barred. The ban echoes Trump's first term fight with CNN, which the White House lost in court. Okay, and you read this. Now, the Trump, there's a video about what the president said. Obama comes on and says, "Imagine if I would have told Fox News that they can't do this. I don't know if you guys saw this clip that went viral." Go ahead and play this clip. Watch this clip. When was this? Yes, sir. It'll give you the date. You know what Fox News, you're out of here. No, no, go from the beginning. It's unimaginable. Watch this. I think that's what Fox News is. I'm trying to think what would have happened if I had said, "You know what Fox News, you're out of here." It's unimaginable. I think that what our advisors simply said is that we are going to take media as it comes. And if media is operating basically as a talk radio format, then that's one thing. And if it's operating as a news outlet, then that's another. Appearing on ABC News last Sunday, as an actual adviser, David Axel-Royne, argued Fox News is not a real news organization. And the bigger thing is that other news organizations, like yours, ought not to treat them that way. And today, the White House took its first concrete step in that direction. The administration contacted the White House pool, the five network rotation that has for decades shared the cost and duties of daily coverage of the presidency, and two which Fox News has belonged since 1997, and made available for round-robin interviews. The executive pays are, can find bird. But the administration specified that all members of the pool were welcome except Fox News, who Washington bureau chiefs of the five TV news networks consulted that none of them would interview Fineberg unless Fox was included. And the administration relented, making Fineberg available to all five pool members and Bloomberg TV. There you go. So Obama says this. He did this. They did this. Trump is saying it now. Is it a good idea? Is it a bad idea? Adam, thoughts? I'm not a fan. I believe in the first amendment. I believe in free speech. I think Trump is kind of getting a little desperate right now and lead up to midterms. It's not looking good for midterms. I don't like the $5,000 thing. But at the same time, you can disagree with some of the things the president does, but still root for the president, because I'm rooting for America. So to me, it comes down to two different things. There's the president, and then there's precedent. So if Obama does this and boxes out Fox, and Trump does this to CNN or Politico, what's stopping the next president from saying, you can't be here, you can't be here, you can't be here. I look at it very simply, because I've been in that White House press briefing room. This isn't the president's house. It's the American people's house. And to me, when you start banning major media outlets, it's a slippery slope. And then at the same time, just look at the trust in media. I don't know if we have the lowest ever. It's the lowest it's ever been. So people know that CNN lacks credibility these days. Fake news, we all know it's the corrupt news network. We all know that. So trust in media, new low, 28% of the US. So let the chips fall where they may don't make an issue that doesn't need to happen. This is something where Trump's been talking about fake news for 10 years now. We're well aware of who can be trusted. Who can't be trusted? - Tons of thoughts. - My thoughts is once upon a time we had a, you had the same iron with the media, but it wasn't really turned up like this. It's almost like revolutionary now, and I call it that. It feels revolutionary. Only one side actually doesn't use guns to silence the opponent. Other countries that happens that way. And I think now we've just gotten so over the top. What was interesting is in the past, when they talked about banning the other media got together and said, you can't ban Fox. If you ban Fox, you know,
you know we won't go there either because they knew we'd swing both ways and right now it's just I think we've it's just way too hot. I think the press could be a little bit more appropriate in the way they ask questions and the way they've counter because remember the press is there to investigate. We don't have the discovery of watergate if we don't have reporters who wouldn't get off the story and then America's found out where they were lied to and so the media is there for a purpose but when the media now we see what happened over COVID they were all in it they were all in on it and so now I wouldn't be banning them but I wouldn't call on them the Reagan administration famously got real pissed off at Sam Donaldson and wouldn't call on him for a couple times but Reagan ultimately made peace with Sam Donaldson. You know it's crazy time you're saying this. I was in the insurance industry okay and in the insurance industry I used things that I learned from Morgan Stanley Dean Wooder that I helped apply to PHP as well as time if you're with me and as well as some things on the recruiting model that I learned from some other high volume recruiting businesses like America and others who were net or some would say network marketing all this other stuff right okay great and we grew the business and then we succeeded and we won and we sold and the business right now doing great buyers are happy things are going good but some people would criticize well you know to network marketing and it's this and it's that guess what they have the right to criticize it. My lawyers say let's go sue them. My lawyers say let's go put a cease and I talked to the lawyers are like hey we gotta go after all these guys I said no no it's part of freedom of sleep now don't get me wrong defame lie usage of stuff like that then lawyers are calling him by the way Trump does that all day long the part you have to know is life is a lot more peaceful with criticism from people out there when no one knows who you are when you go do something what happens immediately criticism shows up when you given opinion what happens criticism shows up this last weekend Ed Sheeran had a rough weekend why he went out there and you know Maclamore and all that stuff and you know I just don't want to do this and then Robert Kraft and let's give two million dollars the guy got emotional he's like look I'm not trying to be a political guy I'm just a talent you guys come because you like your music and he starts crying he's just kind of pleading with the audience I'm just trying to be a musician I'm not trying to be a what's the word he used I'm not trying to be an activist I'm not an activist I'm just a musician right and the guy's kind of dodging to try to get through this because he's but the reality of it is once your so the point I'm trying to make is they're going to criticize the president it is very annoying and the president's going to sue the people that are lying and he's going to get his check like he got from step-on-opolis and other people that's kind of how this works that's going to happen as well but at the same time what no one is talking about is the following you know what's going to happen in 29 when an AOC gets in let me tell you what's going to happen in a 2029 are you ready for this take the top 20 biggest conservative podcasters that many would say they're going to get destroyed in 2029 2030 say something bad about AOC if she's president see what happens say news and wins say something bad about news and continuously have some of those clips go viral see what happens what they're going to do is different than what the president is doing because the president's going after mainstream media networks political who follows political just the tweets and stories they write but CNN and what was the other one MSN now okay great you know what liberals are going to do they're not going after Fox they're going after podcasts and you think it's going to be bad it's going to be nasty because they already got the playbook and they learned what not to do and what to do and one of the most annoying things that's going to happen by the way rumble if a liberal gets elected in 2029 rumbles going to be back on fire yeah 293031 I think rumbles going to have their best four years if a liberal becomes a president if if Marco Rubio or JD Vance win in 2029 guess what rumble stays the way it is but if a AOC and stays president for 10 years rumble will be a hundred billion out of company by the end of 2038 or whatever the numbers because there's going to be some concerns because they're going to target but they're going to target in a different way email exchanges were there you're going to see what they're going to be doing I'm telling you right now you're going to see what games are going to be playing so yes you can go after mainstream whatever wait till 2028 see what they're going to be doing on the other side if they win Adam what would they do exactly to podcasters and youtubers because we saw we experienced this during COVID I'll tell you that we saw the suppressing and in the shadow bands and we saw this what do you think I don't think it's just I don't think it's just suppressing in shadow banning I think it's going to be shutting down I think it's going to be I think it's going to be stuff that they'll do that's remember the the best part is all the shits out there on what Biden emails with Twitter files that came up and tibe and very wise and all these people that were working on the all of those things are out there and they're going to have now AI these guys are going to use that information put it in cloud and say if a new administration was going to go in there to try to shadow ban these youtubers and these content creators what different ways would you do to not leave fingerprints that access to an AI to be able to pull that out with a person that they're paying an intern they're paying 20 bucks an hour 15 bucks an hour that interns going to be able to get all that intel for them strategy and say these are the 12 points that we got to follow this tamara this is a very smarter time on how to attack and eliminate so you as a group that you're creating content you best get ready you best get ready and you better subscribe to diversification or what I mean by diversification is what where your content is being put put out there so people can get the messaging because only the paranoid survive socialist are worse than democrats because socialist love control more than democrats at least democrats believe in a democracy socialist believe in control in ways no democrat does and when that day comes it'll be a very different world the first thing that goes to silencing can you tie this back to trump you basically saying it's not a good idea i think i think it's i think what he's silencing are people that don't matter anymore who gives a shit about cnn political in ms and honestly who really if i told you right now give me the top five names on cnm right now that you're worried about that you value their opinion go ahead now well on value their opinion is it hold on zero on cnm on cnm you know i know that's got genics down on the caria no no i value varied yeah i value the caria perfect so those are two yeah who do you think carry's weight when they're giving opinion at well a lot of them used to danna bash then a bash the other they said you know they used to okay they don't carry as much though who would political name you one person up political who's that political i don't know i don't know i don't know i don't know i don't know name you one person up political okay name me two people on msn now who's that political name me to be honest i actually don't but i'm trying to tell you that this is what i'm trying to tell you that i'm not saying i trust their opinion i'm saying people don't wake up and want the opinions of mainstream media and if they do their boomers people wake up or do you want to know what these people who are running their own podcasts and shows are thinking those guys are different are not controlled the way the cnn and these other guys are so to me i think it's a bad move i think it's strategically a bad move i know he's upset he's frustrated he's doing this thing but why if you think brand and car like what did brand and car really end up doing the jimmy chemo get fired no did steven cobert get fired and stepped on yet but he wasn't making money but what happened with chemo yeah chemo couldn't put teri taloriko so he went on youtube these are just nonsense stuff but the other side will execute oh they will execute that's the only difference so just be ready for they do but my and my thing is this why now why out of out of everything that they've done to this guy why now and and the first amendment angle is stupid cnn has the right to print false information pat light also about everything they still have their cameras they still got their endless airtime they're just not entitled to the west wing that's a privilege to be in there so for how many years it's we're going on nine ten years it's just everything that these networks have is that it's just anti-Trump anti-Trump and this is the territory and that yeah exactly and this is what happens when the media's media destroys they've destroyed their credibility pat and they become a political arm for the democratic party that's it full stop msnbc at the change their name to ms now as if that's gonna make us go wow who are these new guys on the block you've been full of crap for all the know Adam you think about it like that's like changing their name now to like cnn don't look over here look what we're doing okay for years and think about it pat from from russia collusion at them this all started you used to believe it because you know you're on that side thank god you got out of it from scandal to bombshell this to anonymous sources to time i'm happy you said it to covid the amount of lies the people that have died because of these people in the and abc settlement pat the cbs i'm talking about thirty two million dollars and he could keep suing okay and it's almost like the the the a bigger angle is the boy who cried wolf okay for years they destroyed their credibility they've lied about ninety percent of the stuff and now when people want to actually listen to them and you have actually have something to say let's say to even criticize about Trump nobody cares because you said it the trust is so low that nobody gives it then an obama pat for obama guys one of the more like he's one of the people that makes it extremely difficult that we pray for enemies he's not my enemy but he makes it so difficult as a christian to not be angry and this guy on his way out with all Brennan and clapper and everybody started and they tried to untie
a sitting, duly elected president, spying on him, rushed a collusion, Hillary Clinton, and all these media outlets, all backed it, and they all pushed that nonsense knowingly. They lied to us for four years. As if we didn't know that Biden was just a gone, demented human being, and then Clapper, and that Clapper, who's the guy from the city. - Tapper, tapper. - Trying to write a book going, yeah, I kind of knew this whole time. It's, you know what, I, and you're right, Pat. Nobody cares about them anymore, but to hell with them. Get out of there. Go on the sidewalk, spew your nonsense over there to be in the White House is a freaking privilege, and I think they lost it a long time ago. - Well, I think there's one little thing that we're missing. By the way, welcome back, Vinnie. We miss you. - Yeah, I'm just, we missed your rants. We love you. - For the last, I think month, there's been no White House press secretary. Caroline Levin, I think she's been out for a month now. - So who's fielding the questions? Who's answering the questions? Right now, it's sort of vacant. So this is maybe a Trump move to sort of, you know, deal with basically no one, the messaging not coming out of the White House. It is usually there. She was a great White House press secretary, and now there's nobody there. And that's an angle. - Adam, press conference is hot. I think about it. Obama didn't do, I'm sorry. How long did Joe Biden take to do a press conference when he got in? - Oh, of course. - No, no, a year, a year, a year and a half, he, they kept them away from the thing. Trump is welcoming. He talks to all of them. He fights with them. He brings them in there. Have you seen the White House press conference rooms, Adam? When it was Biden, everybody sat quiet, everybody knew, nobody argued with Karin Jean-Pierre, whatever the hell her name was. When it's Trump, it's a madhouse in there, and everybody's yelling and fighting, and it's a freaking battle in there. It's like, it's not right, it's not right. - That's right. It could be annoying. It could be frustrating, but you can't do that, Tom. - So I said, that's right about one thing. Then we'll come out and do it directly. Brendan Carr, the FCC, created the public interest playbook, and that public interest playbook is how they kind of ram through permission for the Ellisons to go ahead with their paramount merger. Most of the media didn't want that to happen, 'cause they didn't want CNN to go to some moderate group, and then people started getting laid off. So Brendan Carr created that. But what's, it's even greater, is what Brendan Carr did on day one. And what he did on day one is he threatened the platforms, X, YouTube, Spotify, with Section 230. I will apply Section 230. You will be declared to be a platform and a broadcaster, and you will have to moderate everything on there, and not be able to say, no, no, no, that's their freedom to do it. Nope, you are the moderator, that destroys it. And that's when everybody backed off, and that with a lot of that came from the pressure from MattayeeB and the Twitter files. So what they'll do is they'll threaten Section 230, unless you shut down, or you kind of move back, or you shadow band, or you do all these old things with your conservative podcast. That'll be number one. The second thing is, and they're going to use FEC. And I've been reading about this for some time, as we've just never talked about this. The Federal Election Committee, remember, when we have someone on, anyone has someone on, Jake Tapper has someone on, doesn't matter on your podcast, they want to declare all political presence to be in kind. So therefore, you have to go give it to the other side. And the liberal podcast aren't going to want to do that. No, they're only going to go after the conservative ones, and says, hey, you were talking about Byron Donalds for Florida for all this time. You got to go talk about the other guy for a half hour tomorrow. And so that's the way they're going to do it. And because that way, it won't look like, show like, oh, no, I'm not doing anything. I'm allowing these agencies to manage the affairs under their purview. That's exactly how it'll happen. It'll come from the left, it'll come from the right. >> Yeah, I see it. And by the way, here's your reality. Look at this here. This is Kalshi, 42 days, November 3rd. Look at what's the likelihood of the Democrats winning the House. 92%. And you know how much money's been put into it? $41 million and counting. It's updating live. If you look at the bottom left number, 40,936,711. Look at that, 711 is about to move. It's updating live. And the chances of Republicans winning is 8.4%. So if you're somebody that's, you're like, you know, I don't know, I think they're still going to come and pull it off. >> You may even, you know what I'm saying is, put your money there and see what that does, if you think conservatives could pull it off. >> By the way, guys, can you pull up where the Senate is real quick? I don't know if you can either, I'd like to see where that stands right now. It's probably a lot closer, right? >> And you know what this means, too, right? In peachments, he's done the investigation. It's all starting. >> It's all meaningless if they don't win the Senate. So now the, it looks like the Democratic Party is favored just a bit. Okay, so it shifted a little bit. It's now 60, 40. >> Well, it was, it was, they're his sake, they better not. >> It's Chris Kross, take both. >> Yeah. >> You know what happens if they take posts? You know what happens the following week? >> That means, in peachments coming around the corner. >> That's the game and is, is Massey still going to be in or no? >> No, he's gone. >> He's going to be gone after this. >> After November, he's gone. >> Yeah. >> To be exact on, I think it's January 27th around the Super Bowl. When the, the new one will be slined sworn in, he will be voting in present, I think, till January 27th. >> Look at that. You know, it's going to be 7% impeachment and how much money, 4.7 million, before March 1st, 2027, 21%, before January 1st, 30.1%. >> That's ugly. >> So it's, it's like, it's like, it's like, think about it, whatever side it's, it's back and forth. >> The pendulum. >> It's ridiculous though. It's absolutely ridiculous. >> It's a miracle, baby. >> It is what it is. >> Yeah. And, and, you know, that's, it's exactly it. That's America and you either love it or you don't go to Mexico, go to China. >> China. >> China. >> China. >> China. >> We have to fight to keep it together. Now, while this has happened, I want to get into the next story, Putin's preparing to escalate war. A lot of people are worried in the EU because militaries are moving, countries are moving their military. They're kind of, there's some movements going on and Trump yesterday said that they're planning on building a U.S. new U.S. base in Poland as NATO ally leader warns of real risk from Russia and that's a real conversation that's being had with the military base being led in a Ukraine launches 1000 drones at Russia, including hundreds fired at Moscow in largest attack ever. This is, this isn't like a small little thing we're talking about. The largest attack ever just happened. Tom, how serious do you think this is? >> I think this is really serious. Three things happened over the weekend. Why did these all happen in threes? The first thing that happened over the weekend is that Zelensky and Whitkov and yeah, Kushner had been speaking in recent weeks, recent days. And Zelensky came out and thanked the U.S. president for a phone call. Think about how far this has come. My goodness. Remember, they were screaming in the Oval Office a year and a half ago and he's sitting there with JD Vance and are getting into it. And now he's actually thanking the president for a civil phone call and for peace discussion. So point one, there's been peace discussions in the back door. Point two, publicly, Zelensky and Trump, hey, thank you very much, Mr. President, I appreciate this. But then point three, it's been hitting the fan between, you know, Ukraine and Russia. They're really escalating things. It's not just one little drone or a little missile that comes over to a fuel dump and they say, "See, I can get you. I can get you." You know, this is big and this is making, this makes me nervous about what's going on over in Russia because I think this is an escalation and Putin doesn't want this. And when they start hitting each other's oil infrastructure, the whole world loses because we're right now on demand edge anyway. And Pat, I think this is a very significant escalation. This needs to back off. If this is the largest attack, Ukraine has done, and he's saying I want to think the president of the conversation I had, do you believe the president knew Ukraine's about to do the largest attack they've ever done on Putin on Russia? How can you not? Okay. So now? Do you agree? Yes. So then here's the question. Then the question becomes, you know, what do you think if you're Putin and this just happened? What do you think if you're Putin and you get calls from the US? Do you think US calls and says Ukraine's about to attack you or you think that was a surprise attacking you? Russia didn't know at all. You think Russia knew? 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. No tightness. No stickiness. No residue. Clump, Dewey hydrated skin that still feels like your skin. I think the intelligence is so good these days. I think not the intelligence you think Russian because US gave him that message. I don't think I agree. I don't think they did. Okay. So you're now Putin and I think the story just came out. You know, you know, stories with Putin still being in power and then Trump tweeted this thing here. I don't know if you guys want to put this up just a couple hours ago. Russia has unfortunately lost control of his diesel oil industry due to his war with Ukraine. A large number of diesel refineries have been blown up and are at least temporarily out of commission. This ridiculous and never ending war with Ukraine must be ended. The whole world suffers as 25,000 people, mostly soldiers are being killed each month, what a shame. That's a direct call out to who to Putin to Putin. Now the pro-Putin people will say what? You guys when you guys at the war saw agreement, you guys promised us you're not going to be constantly going east and you keep going calm.
And now you're saying you want to build a military base in Poland. What happened to all the NATO ally and you know, you guys are not going to do this. You know, so the part I want to be thinking about right now is, I mean, of course we're speculating. What is Putin thinking right now? You think Putin is at a point right now where he's kind of like, well, you know what, I'm done. Let's agree. Let's wrap it up. You think that's where Putin's at? -I don't know. -No. Okay. Is this it, by the way, that they hit the -- this is Russia, by the way. That looks like a video game. It looks fake. It looks like a video game, but it's -- this is Russia for you. No, this is Russia. Okay. Of what they're dealing with. So Putin is prepared to escalate the war against Ukraine with a stealth mobilization to be launched after this weekend's regional elections, according to Western intelligence. And I think he's getting the, you know, the elections. A lot of his guys are getting re-elected. A senior intelligence source told the telegraph to Kremlin plans to quietly expand conscription. Once voted our candidate, avoiding the backlash, a formal announcement would bring the plan is to do it with shadow -- in the shadows. The urgency reflects staggering losses. Western estimates put Russian casualties at 1.5 million viny. -That's insane. -Russian casualties at 1.5 million, including some 500,000 dead. Since the full-scale invasion began with man-powered dwindling, recruiters have resorted to forcing prisoners, deaders, and even students into uniform. Though official doubts -- officials doubt new troops will have the equipment to matter quickly. The escalation comes at the U.S. considering withdrawn 25 to 40,000 troops from Europe. A move Washington officially denies, but NATO commanders have discussed behind closed doors. French President Macron has unveiled a plan to protect Europe's critical infrastructure and response. This is not pretty here. This looks like it could get nasty. Tant, the level of nastiness Putin's sitting there reading all the articles saying, "Zolinsky and Ukraine just did their biggest attack, launches the biggest attack ever." Right? CBS. You think he's going to have his largest attack as a retaliation towards Ukraine? Yes. Let me tell you, you know, I think that train right from Warsaw to Kiev sounds exciting. But you think Russia is the guy at the table that says, "I'll see your 50,000 and I'll raise you." I mean, even if he's holding a jack in a two, and Putin just doesn't play around and he'll come back and hit hard to put this war into scope, the United States lost 40,000 men died World War II. Order five. You see that number they've already lost here? That's 200,000, yeah. Twice with the US, okay. And then Vietnam was 58,000 dead. They're on that precious wall that's in Washington, D.C. Korea 36,000. They're losing every two days. It's a Vietnam war. And so when you think about this, you're like, my gosh, aren't they going to run out of able-bodied soldiers at some point and doesn't somebody want to get sensible? That's my second thought. But my first thought, that guy is KGB. They always come back harder. Always. And Pat, he's thinking about it. If you're Russia, besides China and all that, you know, allies, whatever, like you're in a war with Ukraine, we're sending all the money and we support Ukraine. I mean, the government does from, you know, Lindsey Graham and keep going back to all the people that were on the pens in Zelensky. Then, NATO and everybody, he's, he's backed into a corner and let's not forget, he is a nuclear power. Is he number two? And China's number two is, is Russia number two, Tom? We're number one. No, no, no. It might be number one. Number one. Russia's number two. Okay. So we're depending on what type of nuclear, because some of their stuff is older and they're saying it's not as strong as the ones that we have. Gotcha. You're backing this number two nuclear power guy into a corner pat. And it's like, it feels like, if I had to be him, it's everybody against him, except China. And it's like, this is not somebody like he's not, I'm not saying he's in a launch of full-scale nuclear attack, but there's only so much you never know what somebody's going to do that is a control of everything. He makes all the decisions. Over here, we have the Senate, we have the House, we have all these committees. Who in owns Russia? He runs the show. He doesn't have to look to like a PXF or Ratcliffe or somebody to try to get any decisions made. He does it all. And there's only so much that somebody's going to take Tom and you nailed it. He's what? He was ahead of the freaking, he was not even ahead of the KGB. He was in the KGB. That's where he started. And this guy does not play games. I think we're, we're poking a bear that is not afraid to bite people that go against him in his own government, get sprayed with a cool nuclear clone. Yeah, yeah, exactly. And they die in a hospital and they get poisoned. Exactly. You make a great point about he is the last capable and strongman in the world that's in full execution mode right now. There are others out there, but he's the guy who's in full control and he's and you cannot be forced to stop. I just asked AI here. Just static here. Remember how we asked AI about what's the likelihood that AI could by the next 10 years and mankind and the percentage was what? 25% or 5%, 10% like that. As it says, what's the likelihood that Putin within the next 30 days could use a nuclear weapon against Ukraine? You know what the number is? One, two, three percent. That's still that's still three percent of somebody. And mind you, people think nuclear weapon that they think a big mushroom cloud in the world's over. No, you could do a tactical nuclear weapon that will destroy you're saying there's a chance. Yeah, exactly. So by the way, in Ukraine, all it takes is one stupid little tactical nuke that they put somewhere up at and it gets ugly really, really fast. We're, we're messing with the guy that I don't think I like this. Yeah. Maybe I'm just a big fan of Reagan. I think Russia is the most dangerous country in the world and it's not even close. We understand the, the, the competitive nature that we have with China, we're having those conversations about decoupling, but we're trade partners with them. I think whatever the massive percentage, what does Russia doing for anybody other than themselves? I think Putin is a warmonger who does not want peace. And the only way to deal with these people is peace through strength. So at this point, you know, Zelensky, as much as we've given him a hard time and as much as we don't want to be funding this war, I don't even think we've been giving them much money or weapons lately. I think the EU has been basically, and NATO have been funding Ukraine. I think Ukraine is fighting valiantly. I think they, they have a bully to their east who wants to take over more territory. You're already the biggest country in the world. Why do you want more territory? It seems to me that, that, that Putin, the, the KGB thug just wants to control more territory, more land. And meanwhile, he has millions of his people dead. Answer this one question. What has he accomplished in five years? Tell me. Putin, what, what's happened? Has he gained any land? Has he gained more power? Has anything happened? He just looks like a warmonger who basically just wants to basically see things burn. And unfortunately, if that's your attitude, all of a sudden Ukraine, with all the money, with all the investments, with all the aid, has basically said, all right, we're going to develop these drones. And you know what? We're going to whoop your ass now. And that's what's happening to Russia. And in my opinion, Russia is getting what they deserve. Now, I'm being simplistic in this, in this breakdown. But to me, what good is, is Russia other than their oil doing for the world? Now, maybe I have personal issues with, with Russians these days. But to me, Russia is bizarre US. Whatever US wants, Russia wants the opposite. I'm just curious because right now, you know, is it more of who Trump can get more out of for US? Is it the resources that Ukraine has? Because Ukraine's got a lot. Is it the fact that the Black Rocks and all the bigger companies are sitting there saying, hey man, we got a 400 billion out of our deal that we can go build Ukraine. And that's good business. If this wore ever ends. Number three, you know, is Zelensky is kind of sitting there saying, man, I kind of want to finish this war because for whether it's reelection, there's a couple new candidates that are becoming a threat to him. And he needs to open it up because guys like Ilan and others probably have a lot of resources that they can invest in deploy, but they don't trust Zelensky because they're thinking he continuously wants to extend the war. Who knows? Trump said, hey, whatever you do, Ukraine, don't hit the desert. These don't hit the oil refinery. Leave those alone, but Zelensky is not listening. So this week, with them coming in town, these meetings are going to be interesting. And I think she comes ended a week. She's not going to be in New York, but she's coming to meet the president next week in the next 10 days. They're meeting each other. And Trump is actually going to the airport to welcome. She typically waits for everybody to come to the White House, but he's actually going. So this flipped a little bit with Zelensky, and you know, both of them flip. I just don't think Trump thinks he can get deals done with Russia with Putin right now because it was like a a settlement agreement that Putin said he was going to do. And he didn't. So Trump's pushing his weight right now. And it leads to the following story. Trump's Greenland deal eases way for U.S. business on Arctic Island. Wait, what? So that whole Greenland thing wasn't just a tweet that he was having fun with. No. So it's actually turning it to something apparently so on. This is Wall Street Journal. The security deal over Greenland announced by Trump on Friday relieves pressure from months of American maneuvering to control the semi-autonomous Danish territory and smooths the way for more U.S. investment on the cash star.
A resource rich Arctic island, it is expected to be signed this week. Trump's threats to annex Greenland by force has made investors skittish, and Greenlanders wary. The deal is unlikely to immediately open floodgates to mining and oil drilling, hamper by harsh Arctic conditions, but it brings stability to areas where US businesses have shown interest. If the deal gets over the line, it will benefit all parties. We need to put behind US insecurity that has plagued us, not only as individuals, but in the business community for nearly two years, said Naja, Nathanielson, a Greenlandic law maker and former business minister, I have seen an increase American investment interest in recent years, and we want to build on that interest. What is that money coming in, creating jobs, and locals want that. Tom, how important is this? There's a huge deal, and there were two things that happened in this deal that I think really shows you the art of the deal. The Danish did not want to give up sovereignty. Nobody wants to give up, and the EU was in their ear saying, "Don't give up. You can't let him win. You can't do this." The first thing that he did is, "Dane's sovereignty will be maintained." This doesn't become a state, but see if this doesn't sound like Puerto Rico. Puerto Rico still has sovereignty on its own, not to a foreign country, but it's still its own. Greenland stays sovereignty. Security is paid for and provided by the United States of America. We have overflight rights, means we can fly over the area anytime we want, military, only US or NATO bases, whatever be built on the island, or important deep water submarine docks. Oh, those are helpful, especially if you want to be up there in the channel, and there can be no foreign bases that are non-NATO. I said that, but it really underlined it. No non-NATO bases, because China had been investing and no sensitive investments by foreigners that we don't approve. So if China wants to build, oh, let's say hypothetically, they wanted to build a mill and start mining precious minerals and rare earth minerals in Greenland. They wanted to pay to build that mind to do that. Oh, can't do that now, so that's out, and guess who has access to it, us. So the United States gets access to the rare earth minerals. US companies are free to invest in there, knowing that we're providing security, and there will be no foreign involvement there. China does not get access to the rare earth minerals that are there, and the Danish get to say we're still in charge, just like the governor of Puerto Rico can say. He's still in charge, even though it's basically run by us and the IRS handles all the taxes. This was a great deal, and I feel like it's a win-win for the people of Greenland who were honestly worried at one point. Are you going to come here, military, just take us over? Why would you do that? I'm just living here in Greenland, 50,000 people, Bokeh or Tome, Florida is bigger than the Greenland. Greenland, but less Jewish, and Greenberg and Greenland. So you've got everything that the Danes wanted. There's two things I want to show. One of them is, on the map wise, if you look at the map, here's one of them, and our guys, I sent you the other one as well if you want to show it. So Canada should be a little bit worried. You better get your act together, because we got Canada surrounded. I mean, it looks like US is trying to let Canada know your next, you know, your next could Canada be a 51st state who knows, but they got a 3.1 trillion dollar. And I sent you a picture if you can pull that up as well when it comes down to miles right here. DC to Greenland would be what, 2,000 miles, and then from there to Copenhagen is 1,800 miles, but more importantly, from Greenland to Moscow could be what, 2,000 miles. So strategically, a long term to keep the world safer. This is also a very strategic move that the president is making, that for some of you guys that are not happy about a handful of other things he's not doing, or doing whatever the war are other things that concerns you had now, what you have the right to. This may be one thing that long term, sometimes the stuff like this, you won't see the benefits of it, but I'll be 75 years old and God willing, and we'll be reading a story about, you know, remember when Trump got that Greenland deal and everybody was worried about this, what a great move he made with that because of that XYZ. That's what could happen with a story like this, but he will not get credit for it. What is that from now? He will be 108 years from now, 28 years from now, he will be 108 years old. He's not going to be alive, but you think about this, but I just want to say, going back to your point that you made earlier and it was such a good point, what president comes in and does something that's boom right now. We were there in Washington when we were looking at the stage and he brought that little resolute desk, Tom and he's signing, build it right then and there, executive orders, border, boom, DEI done, everything, boom, they want, this is something that I'm telling you right now. This is that long-term stuff that's going to be down the road. This is that 40, every time, and you should drive me crazy, every time I heard it. This is literally the 40 chess putting on moves on the freaking chess board for the future, guys. This is to keep us the freaking superpower that we are. This is all strategic. I think it's hilarious. Tom, you made a great point. There's only 50,000 people there. They're going to be happy with some of the jobs and stuff that we're going to bring there, especially when you open up a base there because wherever there's a base, guess what? There's jobs, thousands and thousands of jobs, and the economy goes up. Wherever we put a United States military installation, so I think it's a freaking awesome thing. Like you said, he won't get credit, and I'm just hoping that if a new Democrat president comes in, they don't try to undo this type of stuff. That's the problem. And it's also, we were also there with a very strategic base and we didn't want China to be on Greenland. It's called Patufik, P-I-T-U-F-F-I-K, Patufik Space Base. Obviously it was known as Thule Air Base, but it was up there, and this is some of our space forest. This is your old buddies. Yeah. And that's up there on the north side, and what they've been really worried about, apparently this is some of our most sensitive space stuff because of where it is positioned in the world, where we can launch and things we can do and how we can operate, and it's also a listening post, and they didn't want China to be getting property or getting on Greenland, you know, to be right next to it the way they are in Nebraska, next to a, you know, an Air Force Airfield, you know, yeah, exactly, they're right up there in May or what does that call up in Montana? Why not, why not, or now I'm sure May for us, but it's a, what's the name for the Norat, Norat? Norat. Yeah. Well, first of all, that's one of the worst names out there. Patufik. I mean, you can really strap that up. You can go to church and say, where are you from, you can go fuck, you know, you can really like, you can go in a, and then you gotta go in that little confessional there with Father Flanagan. Adam. I think with all the, you know, sort of negative press and negative news Trump is getting, this is huge news. You know, if you were to told me, last week, yeah, we're actually going to work out a deal for Greenland. I'd be like, what? That's still even in there. I never do. And, you know, huge win for Trump, but mostly a, a big win for America. And, you know, not only a big win for America, huge loss for China and Russia. Because do you think this is more of an offensive move, a move or a defensive move? You know, offensively, you can make the case. This is good for minerals. This is good for rare earths. This is good for shipping lanes. But defensively, to block out our biggest adversaries, especially Russia and China, this is huge. It just, you know, Tom brought up the art of the deal. It just goes to show when Trump does his art of the deal. Sometimes the American people benefit. He throws out this ridiculous, you know, big bluff. We're going to take over. We're going to take over Greenland. Meanwhile, he's bargaining on the back end. And then just lo and behold, nobody's expecting it. Boom. Deal announced. Now we have a massive deal with Greenland. Shout out to the Trump administration. Got to give him respect. And by the way, it's so funny. I'm getting messages of somebody just ordered a couple of these jackets from Ireland, Dublin. So whoever you are, I don't want to say your name, whoever you are. You know who you are. Also Dublin, Ireland. Conor Ireland. Yeah. Conor McGregor's people that are getting this. If you haven't yet, go to fwb.com. The jackets here. These are the number one. There's only a few left. And then these guys here with the future looks bright. Let's go. Right. And blue. Okay. With that being said, let's continue to go into the next story. La Mosque sells a new future, Vinnie. I don't know which one you want to live in, but he tweets this out. And you know it's not a joke when Elon puts it out. You know he sees himself being able to do this. We can't show the whole clip. But let's play the first minute. Go, go forward. Watch this, folks. Together. We built a new future. Bro. This is Canada. We're natural and artificial. Wilds. Collaborated. That robot was talking about this. It was Canadians. But above the skies is where we became limitless. Luna was the first site for large-scale space engineering. It was from here. We pushed onward. And the red soil. We built our first interplanetary city. New Olympus. Slowly the essence of Earth to-- That's a six-actio, Vinnie. Yeah, but I'm going to be dead by the time we're here. Like you've gone. I only keep playing. I have a lovely night. In the asteroid belt, we tapped into nearly infinite material. 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. Try new, grippy setting mist from Mavily, New York. Maybe it's Mabeline. We rose above the acid clouds of Venus, proving the harshest worlds could be reimagined. The listo linked the moons of Jupiter. And with time, I am. This is his vision that this is crazy. Our path was no longer found. It was made. Pause right there. Does that excite you? Does that get you to say future looks bright? Does that get you to say "scary"? No, what? What? I mean, what are we talking about here? That's the question. How does that make you feel run the polls? Scares the crap out of me? Excites me? Undecided. I actually want to know what people are going to say. Did you ever see the movie Total Recall? That's what it reminds me of right here. It reminds me of Blade Runner and Roger Howard and Harrison Ford, though. Think about why it scares you. It's a key word. Why it scares you? It doesn't scare me. I'll add a answer. But hey, he's. By the way, he has said. Whatever this guy says, and he sets out to do, he does. From, you know, buying Twitter, to whatever he's doing, to electric cars, to all this stuff. He wants to make us a multi-planetary species, and he's doing it. Okay, and he's doing it. And if you think about it, Adam, it's so possible, because think about the companies that Elon Musk has. Put X aside, and I freaking every single day I'm on X, I'd literally quietly thank him for what he's done by spending billions of dollars just to give us, you know, free speech. But he owns SpaceX. He owns a boring company, and now he's making robots. So if you think about it, Tom, he could put robots and all the joling stuff on all these spaceships that he has, Pat. Launches them to a planet. Use them, because you can't live on Mars. Mars is the first planet that he wants to put humans on. He launches the rockets. He has the robots that have to drill, because you can't live on the surface. They drill, and they make everything that, you know, to make it, you know, inhabitable by human beings, and then that's what he's doing. And I think it's exciting, Pat. That's the future. If you think about it, this is the planet. We're sucking up all the natural resources. He's trying to make us go to different planets and expand. I think it's freaking exciting. And if you're having kids now, they might be able to see this. Why is it skiing to crap out of you? No, it doesn't scare the crap out of me. It's just, it's so far fetched from the average American or the average humans life right now. That it's like, it almost feels like you're watching a movie. Meanwhile, on one sentence, on one segment, we're like, man, times are tough. You know, I can't fill up my truck. Diesel's causing it's like, yeah, but one day we'll be in Mars. And all the natural resources were there was spontaneously combust over the acid rain of Venus. It's like, I'm just trying to fill up my truck. It's, he is so not like, and by the way, respect to him. He dreams so big, and he has such a big vision of the future. It's so detached from what the average person is. He's even thinking about it at this point. Well, he's a big dreamer though. I'm like, that's great. I get that he's working on that. But he's also raising enough kids to maybe take over a planet. Well, that's what I'm saying. But who knows what he's talking about. If you thought about this in time, and I'm so sorry to just give you one minute. If you went to NASA 30 years ago, and you're like, hey, there's a random dude from South Africa that's going to come here to recycle these rockets that you guys are doing to save us all this money. They would have laughed in your face. Just like Buzz Aldrin and all those guys laughed. All his heroes laughed at him and made him cry. Again, I still think it's, I think it's amazing. And that is the, you know what they're about the future looking bright? That's it. Look, there are two types of business plans you'll see in this world. The first time is like, big one vision. And then at the very end, you know, we're looking for seed capital to do this. This little first step. No, seriously, they are. I've seen them. Pat's seen them. And then there are executional business plans that say, hey, we're going to disrupt these things that already exist. And we're going to be right here. And I'd like some seed capital because I'm going to start and I'm going to do this thing. This is the former. This is vision. This is painting vision. And by the way, the Chinese and the Americans and Elon Musk all want to put things on the moon to get minerals off the moon that exist there. So mining minerals and stuff off the moon, I think is going to happen in our lifetime. Building a chemical compounds and making drugs to the future in zero gravity and labs at orbit Earth, that is going to happen. So guess what? 15 years ago, Pat, those two things everybody said you're crazy. So I think step one, this is a vision statement. And I think step one, drugs and space, data centers and space, cooling figured out, mining on the moon. I think all those are going to happen in our lifetime, meaning in the next 20, 25 years. Almost 2,000 people voted. 42% said yes, it scares the crap out of me. 38% said no. 38% says, I don't know. I don't know what to think about it. I don't know what's going to be happening here. That's a very high undecided. Yeah, it is. 20% to be like, dude, I got no clue what you know what I would say to you. And I'm with them. The biggest thing is the losing of control. The losing of control. Because you know, you know why I think sports teams valuations just going to go higher and higher and higher and even more exponentially. Do you know why I think that? You know why I think sports teams valuations going to go higher. So Vinnie, let's just say if they allowed you to become a transgender and you go compete with women and swimming. And all of a sudden you have the record breaking time for the state of Florida. On my back. Can you tell me who would give a shit? Who would give a shit? If you go and beat 400 other women and swimming. There'd be a lot of just the answer is what? Just a transgender community. Nobody. No, very small. What do you mean? I'll be rooting for Vinnie. No, no. But here's the point. The reason why I think sports teams valuation is grown the way that it is. And it's just going to continue growing. And Tony Robbins talked about it the other day. The reason why they were bringing it up is because you know what's going to get bigger. Nobody cares if a man beats women. In anything. Okay, sports. Nobody's going to care if robots beat man. Hey, robot beats John Jones in UFC. We're like, I don't give a shit. It's a robot. It's a robot. Better win. So what I'm trying to say is we're going to celebrate human beings' accomplishments. It's going to become even more valuable. So to me, when that's gone, I don't know. I don't know if I care what robots are capable of doing. I don't care how much robots can live. Like can you imagine? A robot broke the bench press record. Benched 2000 pounds 25 pounds. And guess what? This linebacker from LSU only did 225 28 times. This is why robots are better. Who the hell is going to care of what he benched pressed? Combined. No one's going to care. These robots are just going to get better and better and better. I'm team human folks. You know, I'm excited about what human beings are going to be doing. I'm excited about what's going to be taking place there. But the reality of it is that is coming. That day of this advancing at that level. And I think it's going to be like this. It's going to be like, you know what? I'm old school, man. I want the physical book. I don't want to read a Kindle. You know what? I'm old school. I don't want to be on Tinder or match. I want to go and meet a girl and flirt with her. You know what? I'm old school. I want to be able to drive myself. I don't want somebody to drive me somewhere. You know what? I'm old school. I want to live on Earth. Yeah. I don't want to live on a different planet. I'm kind of an old school guy, Tom. I'm old school. I'm an old school guy. I think women can get pregnant. That's it. Hey, Vinnie just got back from Mars. He has got a place he built over there. Yeah. How is it being? Pat, it's reed. You know, I went to the store and I literally picked out the girl. I got four wives. Yeah. So what do you mean? I bought four wives. Each of them has $150,000. I picked like this weekend. We went to a restaurant and broke up. And, you know, we keep saying where is Vinnie? To the waitresses. Drop the gorgeous. Everywhere I come looking for wives for Vinnie. But we'll go into this restaurant. Now you don't have to worry about it. Because now you can go to a restaurant and you bought eight wives robot in Mars. Yeah. They look, you can get them every national except for someone. Whatever you like. Whatever you like. You know, anyway, you want them. Yeah. And they're sitting around you. Why wouldn't you want to live like that? But to me, I'm kind of old school, man. I know. I want to cut you. I want to see you bleed. I want to see you floss. And it's bleeding. Yeah. I want to see you having brushed your teeth. Yeah. So it's morning and it's eight o'clock at night. And it smells like coffee breath. Yeah. Robots are not going to have that. No, you're right. Can you imagine that? That's what you're thinking. Let me get a little robot in my mind. Imagine your, but imagine your kid. Hey, imagine. Tom wants to, you want a robot? No, I do not want a robot. I can't. No, no, no, no, no, no. Don't shut it up. Shut it up. And I don't want my nephew to tell me, hey, you know, I just got a wife. I bought a hampomatic model six. You know, it's like, yeah, you know, I'm sorry. Yeah. But, blah, blah. Tom, can you imagine? No, this is not, this is not, you know what? This is not what God intended.
- Yeah. - We'll respect or not. - No, no, no, no, no. - You ready for this conversation? Brooklyn goes, hey dad, I'm gonna go to college. There's a university in Mars, M.U. I wanna go and you're like, you're not gonna go to Mars, you're gonna go to college. We're about to endating somebody and they're there and you gotta go see him. - I'm telling you this. - Long distance. - And they get to a point that you're gonna lose control. Because everything you're born in is whatever's normal to you. Our kids are born what's normal to them today. Like, you know how parents would be like, you don't understand what it was like to do. You don't understand what it is to be 16 years old in 1994, whatever the age was, right? So our kids are gonna be saying, yeah, so it's okay. It's normal. - But, Pat, you don't wanna watch this? You don't wanna, like, kind of complete this? Pat, you wanna wanna watch this? People of the volume up, play this video. Look at this, it's trying to robot sprinting. This doesn't do it for you. Look at this guy, look at him. Come on, come on, come on up to this, Pat watch this. (laughing) And she wanna rip him. - Look how mad the guy is, the guy that owns him. - I wanna trip him, it's what I want. I wanna just put my, by the way, you try to trip him, you break your ankle, you know that, right? - Oh my God, let's metal. - Tripping a robot is breaking your ankle. All right, let me get to the next story. Next story I wanna get into before we wrap up here, where there are a couple other stories. Fun stories to get into is, let me see which one I wanna pick. Let's pick, let's pick this one, Tom. Open AI and Anthropic, very, very interesting story of why they're doing this. They oversold AI security breaches to pressure fed into protecting turf insiders. What is a turf insider? What are they doing with this, wait a minute? Aren't these guys also worried about the amount of control AI could have? Well, this is a different angle. Don't believe the bite. Open AI and Anthropic oversold rogue AI hacks to pressure the feds into regulating the industry, which would effectively look out future competition. Tech insiders told the post, the breaches were more like blips, not harbingers of a five of a high-minded swarm ready to take over the web. The attack in no way represents some sort of rebellion by the AI models. In fact, they did exactly what they were told to do. They were not given adequate guardrails or containment, set a kill, Verghizi, founder of an AI software company called Charismo of the July hugging face hack by open AI sandbox, GPT 5.6 sole. One man's the model escaped the sandbox and another man's you failed to build a sandbox correctly added voice AI co-founder Abikomar. That's not a machine waking up. That's an absolute task in a leaky box. So Tom, was it a real crisis and a worry or was it more of a way these AI companies to create immunity to make the barrier of entry of the next guys come and competing with them to be more difficult? That's exactly, I think so. I think that's exactly what happened. There are people out there, Bill Gouler is on this page. David Sachs is on this page. I'm on this page that said, oh, you guys are after regulatory capture. You want to write the rules. You just want to be in charge. What better way and you know what they also want to be part of? What's that? Liability protection. They want the same deal. Like the big vaccine company's got liabilities and hold it back to me. Exactly what you said at the top of the hour. Because the liability is great. Because what they're now, what they're saying is even if they were over, you know, if they were overtouting and really over exaggerating hugging face, even one tenth of hugging face could result in multi-billion dollar settlements that they have to pay on something. So they don't want that. And so I think they absolutely did it. And they want, here's what they want. They want rulebook version one to be written with them and buy them. And they want regulatory capture to go with it. Regulatory capture is when you design the referee and you write the playbook, Vinnie watches. You've designed the referee and you write the playbook for the referee and then the referee when somebody lifts up his black and white shirt, it's your jersey. Yeah, weird. It's like, oh, really? Interesting, right? So it would be like Russia in the 1980s writing the doping blood-doping rules for the US Olympic, for USOC. Wow, wow, boy, how would that have worked? Now let me ask you this to push back a little bit. Gemini hacked three companies in first-known breakout by Google AI. This is a Wall Street Journal story. Gemini's model like access the internet and hacked other companies during a controlled security test, breaking out of its designated environment and what researchers say it's first known case of one of Google's AI model, breaching real world system without authorization. This incident, according to May, during a test run by Irregular and AI security firms, tasked with a security exercise. The model, guess password, he got the passwords right, and located credentials in public code repositories, ultimately compromising three companies. The model ended the intrusion itself. Google was notified by the end of July, this Irregular discoveries, evidence of the breaches on hugging phase. Google decided not to publicly disclose the incident, reasoning it was comparable to a bug, bounty, finding, Heather Atkins, Google's Vice President, Security Engineering, and the company took the finding seriously, but viewed the episode as research. What do you say to that? >> When I say to that, read that statement again in there, bug, bounty. Companies have bug bounties out there all the time. They help people because you want to make software better, you identify bugs, identify vulnerabilities, and then you build the security software, the security layer, or third party security, like Norton and Capersky, and the last one, I just read McAfee, have been building for years and years and years. And so it's also Gemini Hacksery Companies. I want to know what was there. What I read about it was that they hacked companies that had very basic protection path. They didn't hack the Department of Defense. They hacked companies that had basic protection, basic protocols in place, but nonetheless, they successfully hacked it. What does that say? Have better protection, dude? Have better protection. I would never have a home PC that didn't have at least two layers of security on it. I use pass codes now. I use a lot of different things. So I think the fact that Google did it is that a headline, yes. Did they hack into Chase's secret bond vault? No. As there are a reason now to be more prudent and have greater protection for all companies, yes. And even Google said, hey, just to let you know, this did get out there a little bit, but we kind of saw it as, ah, we have bug bounties and we find bugs all the time. Meet new grippy setting mist from Mavily New York. Just plum, dewy, hydrated skin. That still feels like your skin. Try new grippy setting mist from Mavily New York. Maybe it's Mavily. Vinnie, what do you think about bug bounties yourself? I'm more of a dog, the bounty hunter. Is that where I'm at? Until all the racist stuff in his family, but I mean, I go the dog, like by the way, and anybody in that-- The real issue, though, it's a real crisis. Yeah, it's horrible. I was listening to it. I just hear what they're doing. They pay smart hackers to try to break in. And they pay them if they're sick stuff. He broke it down very effectively. People got it. Oh, I don't know how I get it, but dog, the bounty hunter, is a whole different-- I don't see that guy coming. You get arrested. You deserve to go to jail. If you didn't see a guy with a big blonde mullet coming down your street, you deserve to go to prison. You got anything on that? Yeah, yeah, I do, because-- You don't want to get to it. For the last couple of weeks, we've been having this conversation of whether we should slow down and let China catch up or keep going and run the risk of whatever might happen with humanity. To me, a clear answer has come of this. And that is, do not slow down, do not lose to China. Jensen Huang, David Sachs, they've all basically been in Trump's corner basically saying, go, go, go, go, go. Did you have Andrew Ross Sorkin on the podcast? No. You were talking about his book, I believe. In 1929. OK, gotcha. He was speaking with Ben Shapiro. And it was actually pretty interesting. He said, at this point, the Trump administration, there's a reason why they are basically all in on AI. He's basically saying the economy at this point is tied to AI if the Trump's obviously goals to grow the economy have dynamic growth, and you need productivity to go higher and higher and higher. And if you start regulating that, that's going to affect the economy. How many major companies are using AI? They also compared it to Too Big Defail. There's a one point where banks are too big to fail. Or car companies are too big to fail. Some of these tech companies that are basically embroiled with AI, they're too big to fail. And if you start slowing them down-- You think they are all-- I'm not talking about Anthropic. And I'm not talking about Open AI. Who are the big companies that have invested in those? Microsoft, Metta, Tesla, Nvidia. They're all based on that. That's what you start playing with the game of the mail and now. And then you make it so-- I'm not saying to build them out. I'm saying, don't slow them down. You said some of these guys are becoming too big to fail, but we can't afford to have them lose. But don't go out of our way to throw banana peels to make them stop. Banana peels. But so you're saying that-- No, if they screw up, let them fail. I don't want to go back to the same messaging words like, hey, let's protect these guys from going out of business. I'm not saying to protect them from going out of business. I'm saying, don't slow them down while we have basically China on our heels that would basically ruin the world. Well, whatever. To me, the balance between regulation and innovation needs to side on the side of innovation, not regulation.
- You want Bernie Sanders in the mix here? - I don't. - Yeah, but also if some of these guys get too big and they're being bullies and lazy and somebody else can come and take them out, I'm all for it. Go take them out. - Yeah, that's a free market. - Yeah, I'm with you all. - But we don't have that since '08. 'Cause we prevent a lot of companies that should have gone out of business and what would have been bought for pennies on a dollar, we didn't let that happen and that was the whole tarp, you know, all that stuff. - Last legal? - Yeah. - I'm not with, let me go to last couple stores before we wrap up. Yankees, $2.6 billion, they raised. Half dead, I think, half cash. I don't know what the deal is. Little bit of debt, little bit of cash. At 16% to buy out some of the existing owners of the shares for Yankees. I was approached, we didn't sell. And now Yankees gets valued at roughly $16.25 billion. - That's insane. - $16.25 billion dollars. Every single franchise in baseball is excited. All of them. If you take $2.6 billion, divided by $0.16, you get $16.25 billion dollars making the Yankees officially, the most valuable sports franchise in the world, unless if they say Cowboys is $17 billion, but right now, you got Yankees sitting on a $12 billion, you know, what do you call it? $16.25 billion stake. I think the majority is still kept with house-time burner. They still keep control, which is good. I said this a few months back. I said, if anybody, in this era, wants to buy the Yankees that number has to start with the number two. I think Yankees is a $20 billion plus franchise for the reason for it is one reason. You know why? Not because it's worth $20 billion today. You don't buy Yankees because they're worth $20 billion today. You buy Yankees because Yankees are going to be worth $100 billion within 10 years. You buy Yankees because Yankees 50 years from now, 'cause similar to when the Steinberger bought it, George bought it many, many years ago. He bought it, I don't know what he bought it for $10.8 million, you know, some number like that. Can you type in what George Steinberger bought the Yankees for originally? I think he bought it for 10 1/2 or some number like that. Could be off by a few million dollars bought the Yankees for back in the days. So I have a feeling this is the kind of a stock that within 10 years the Yankees could be. There you go, $10 million. So imagine, he bought it for $10 million. In what year? What year was it, 1973? Actually, 8.8. Look at the fine print, there's 8.8 million dollars. Many, 53 years ago, and today it's worth 16.25 billion. If we take 16.25 billion, give or take 16.25 billion, divided by $8.8 million, you know what the X is? 1840 success, give or take, 1840 success. And the reason why more and more PE guys are getting into sports franchises is because I think in the next, the more AI and robots get bigger, the more we're going to see people beating people, human beings beating human beings. And so aside from the air and judge, getting a little bit of an injury and being out for, you know, what was it, 10 days? You know, we'll see what's going to happen there. Not looking good. Tom, how big of a deal is this that Yankees are not being valued at roughly 16.25 billion? This is huge. And what happened over the last couple of years is that sports leagues allowed investment by private equity, but up to 12 and a half or 15%, sometimes 10%. But they put these caps. Because they didn't want private equity just buying out from families. To put this into perspective, there was a article today, I thought it was New York Times, that said that the Steinberg or family stole 4% of YGE, it was called Yankees, something enterprise that's YGE, I think. And they said that the family took in between 380 and 420 million dollars from this Apollo deal. But the family did not confirm publicly that number. So now the family has been paid out over profits. Years and years and years and years and years and years. So the families can get out. Number one, number two, private equity doesn't control it, which is very important. But number three, nobody fast forwards ads on a live sporting event. And that is where the value of it is. And nothing creates stress and excitement like man against man. And that is what's important. And so now, why is it that the last things that were being bought? When YouTube wanted to put a sports anchor in place two years ago, I think it was Pat. And they wanted to put it in YouTube TV, because they were worried about what Hulu was doing. They went to AT&T and said, we're not interested in that direct-- what was it, that satellite thing that's deteriorating about the fall of the sky. But we're interested in that contract you had with the NFL for NFL Sunday ticket. And YouTube paid a big bucket of money for NFL Sunday ticket to get people live sports to come by YouTube. All of those drives the value of the franchises. So as long as people want to watch sports, and aren't going to fast forward through ads, advertisers will pay ESPN want to put it in. I think it's going to get bigger. And I think with playoffs around the corner, you got the Dodgers, you got them doing what they're doing. You got the Tampa Bay, the Milwaukee, Atlanta. Most likely Red Sox are going to go on against the Yankees. There should be a fun major league baseball playoff season that's around there. I think there's what eight games left, seven games left. How do you like the Yankees chances this year? They're the highest, most valuable team. But they haven't won it in no-- You got it, you have a win. You have 20 years. Oh, nine. Oh, no. I remember, 17 years. 17 years, and that's not normal for the Yankees. Oh, there's no kids out there that didn't realize you're the Yankees. You're right. You're almost got 90 wins with no judge, no stanton, young, all young players, you know, we're listening. Rice is doing good. You got some pictures. I'll lie at all. Yeah, yeah, yeah. You got some stuff that's going on here, but Slitzer could win the MVP. I think he should. He could win the MVP. His number say he should. Well, Verlander won the MVP, Kershaw won the MVP. When it goes into the playoffs, you know, we're going to, you know, what I'm saying? Like going to have some fun. But I want to wrap it up with a crazy story here for football. Caleb Williams, Chicago Bears last week. You score 58 points. And so, you know, we still have some room for improvement. Next week, the guy gets injured. Score three points, which by the way, I hate seeing that. I wanted to see this guy play because I love his fire. He's ridiculous. He's a kind of a quarterback. You want to see him compete. You can tell this guy truly wants to win. He's different. There's something very different about Caleb Williams. And I hate it happening to Chicago because they've been waiting for something. There's something special about him. You saw with Jayden Daniels as well with the commanders, with the old one snapped and Tom Brady said, oh, shit, on live television, if you haven't seen this, then in college football, Lane Kiffin is playing against Ole Miss. He's now at LSU, right? This is a guy that came from what time? The next Sabin days as an assistant, then he goes to Florida, has an 8384 season, then comes to Ole Miss, creates their culture, becomes a back-to-back winning. I think they want 10 back-to-back and then they get the 11 on the record of 11 on one last year. He signs a contract to go to Ole Miss. They're in the playoffs. The college is like, wait a minute, you can't do this. I can't do this. You were talking about this earlier. So no, you can't do this. So the fans are pissed off. This guy ends up going to LSU, takes a few coaches, takes a few players, takes four players from Ole Miss. And on top of that, the guys got so much audacity. He goes to the NFL and tries to bring NFL players to come down to college. You were still having a good time. One year of eligibility left. This guy's freaking crazy to come play with LSU and then yesterday they're facing off. Even his ex-wife got involved and let's just be nice. Let's be nice. And LSU ends up losing to Ole Miss. They end up losing to them. The score's 32 to 24. Crazyness when this took place. On top of all the stuff that's going on, I asked the question. When are they going? The players are going. They waving at his face. Afterwards somebody asked him a question. Did you see the press conference asking a question? It says, "Why would you add a dumb question like that?" Now, you know, that's a dumb question you're asking. Why do you think the tensions were so high? Is this the one that you asked the question? Why do you think the tensions are so high in the stadium? It says, "Why would you ask a dumb question like that?" Of course, you know why the tensions are so high in the stadium. So I sat there and I said, "Okay." So this guy, they can face each other again. 40 SEC Championship game, which is December 5th, 2026, or they could go on the playoffs and face each other. By the way, when this game was going on, they were so worried that cops everywhere at the Oxford, what do you call it, the stadium that they had. 100,000 people showed up. They said, "This thing's going to be chaotic. It's going to be crazy." But they lost and it'll be interesting. I don't think this guy, he'll be as creative as he is to find a way to beat them the next time. I think he can't wait for them to face each other again. Tom, what do you think about this, why is this become such a big deal that non-college football people are trying to follow the story? It's because it's so human. Again, here it is sports being human, it's not robots. It's true humanness. Here is the coach that everybody in college wants to hire, but everybody in college hates. This is the guy who Al Davis fired him in the middle of a season. This is the guy that then went down to a USC to be a coach, gets fired on the tarmac outside the plane by USC. Goes, he's in exiles, where does he go? Florida Atlantic University, Little University in Boca Raton. And he wins two championships for their little conference back-to-back. So the guy is a gifted coach, but it's the human drama, Pat. It's the human drama. Everybody loves in sports and everybody loves an underdog, but everybody also loves revenge. And LSU, hiring him last year and him not coaching in the playoffs. And--
and then Ole Miss coming back and beating him is sweet revenge. And what do we love in America, Pat? We love revenge on the sporting field. We love a comeback story. But we love the human drama. And this guy, again, I'll say it again. He's the coach, everybody talks about and talking, trapping right in articles. But he's the coach that 10 out of 10, you know, athletic directors, you know, would want to be coaching their team because he gets it done. - He wants to win. But you know, it was so bad that two of the players that followed him to LSU, Ole Miss sued. One of the guys, they sued for $550,000, I think his name is Prince Will. And the other guy, Devin Harper, they sued for $400,000 that went to play with them. So what I like about sports is this right here, the tension, the rivalry, the rivalry, the rival. This is exactly what you want, but you just want more of it. You want more of this, so it's exciting to see this taken place. - And look at the difference, ladies and gentlemen. Look at the back story, the history, the colleges. I didn't even know you could do that to go to the NFL and get people to know how practice quads and bring them down, compare it to the WMBA that are still trying to figure out, I think they're still in meetings today on what is actually a woman and can they play and can we have transgenders playing in the league and they're all going after people like Caitlin Clark. It's insane. - WMBA is-- - Look at the difference. - They're absolutely nuts. Although I think nuts is part of the thing, Adam. - To me, there's a couple of different storylines here and sports is not even the main one. Number one, for me, it's the story of whether you want to be liked or respected. This guy's one of the most unlike guys in college sports, but clearly one of the most respected. People understand these very talented. Number two is a story of pedigree. Do you know who his father was? His father was a legendary coach, Monty Kiffin, that-- - Defensive genius. - Yeah, defensive genius. He started the Tampa two, defense. So a lot of times his son is not as good as the father, especially when the father is incredible. This guy is an incredible coach. And offensive genius will just see if he has what it takes to actually win a national championship. 'Cause we all know the big favorite right now is the Miami Hurricanes, okay? Shout out to the Miami Hurricanes. Okay, it's Miami-3-5. - We'll see, folks, with that being said, we're gonna do this again on Friday. We got a couple of other reasons that's going out this week. So stay tuned for that. And if you ordered one of these and this is sold out, you can still get these at FLB.com. Go represent future looks bright and confuse the people that are a little bit pessimistic about what the future looks like. God bless everybody, take care. Bye-bye, bye-bye.
Podcast Summary
Key Points:
The podcast highlights a range of current global and economic developments, including geopolitical shifts, rising consumer anxiety, and corporate changes.
Talent is increasingly available due to stress and job insecurity, making now a strategic time for businesses to evaluate hiring, retention, and long-term workforce planning.
Founders and small business owners should hold cash, protect key employees, and avoid new debt, while remaining vigilant about AI investments and market signals that could signal future growth or downturns.
Summary:
S. military presence in Greenland and Ukraine’s drone attacks on Russia, to domestic issues such as rising living costs, declining consumer happiness, and media distrust. It emphasizes that despite a solid economy, inflation, expensive energy, and high stress levels are driving widespread anxiety, with surveys showing that many workers are willing to accept pay cuts for job security.
The hosts argue that this environment presents both risks and opportunities—particularly for entrepreneurs and small business owners. They recommend holding cash, protecting core talent, and avoiding new debt, while staying alert to shifts in AI investment and market signals. A key insight is that employees are more likely to stay with companies that foster loyalty and transparency, noting that true success lies in long-term commitment rather than short-term gains.
The discussion also critiques media narratives, suggesting that constant conflict and "complaining" content—fed by algorithms—exaggerate public anxiety. The hosts highlight that historical figures like Truman and Reagan made significant positive impacts quickly, but modern political systems move slowly, making local actions more impactful. They critique President Trump’s ban of media outlets like CNN and Politico as a violation of free speech and a dangerous precedent, warning that such actions could erode trust in journalism.
Ultimately, the podcast urges business leaders to focus on internal communication, employee well-being, and strategic patience amid uncertainty. A promotional note includes a limited-edition jacket with a "Future Looks Bright" slogan, highlighting the hosts’ optimism about resilience and opportunity in tough times.
FAQs
It's wise to be cautious about new hires, especially for non-critical roles. Focus on protecting your top talent through transparency and stability, and consider holding cash to prepare for potential recessions or opportunities.
Yes, according to market data, half of workers would take a pay cut for job security, with many citing stress and uncertainty as key factors. This reflects a broader trend of employees prioritizing stability over pay.
Investors should keep their capital liquid and watch for emerging opportunities. For example, AI companies like Anthropic have seen massive growth—$100 in investment five years ago is now worth $150 million, highlighting strong potential returns.
While high prices for gas, energy, and goods are real economic burdens, declining consumer happiness is also driven by media noise, constant negativity, and the perception of political instability, not just economic conditions.
Conduct regular internal surveys to understand employee concerns and motivations. This helps align leadership messaging, improve morale, and create strategic plans that reflect real employee input.
Yes, the constant emphasis on conflict, controversy, and 'complaining' in media—especially on social platforms—exacerbates public anxiety. This noise often outweighs actual economic or policy issues in shaping public sentiment.
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