“Prepare For 2025!” Patrick Bet-David Exposes The Ultra-Rich, Free Money, & Business Failures

my comfort zone is controversy chaos and issues wonder why I hate what the f is going on because if there's not a clash of ideas you don't get to the truth the way to compete is podcast Trump saw that but you think this is crazy 2027 2028 you're going to see actual presidential debates taking place on podcasts these famous people are walking on exells afraid of what to say and that's why guys like Joe are winning there's power in selling a massive Vision or a dream the greatest leaders of all time that create a massive following they were very good at doing this it doesn't mean 100% of the dream or the vision became a reality but they definitely created an army behind it so where do you think America's headed over the next 10 years the games are going to be to pin Trump against JD now you have Division if you want to find out a divisive question to ask Vance you know what it is Patrick thank you for coming on the iced coffee hour it is an honor to have you it's good to be back I think this is the third one it is third one this is so cool we have a lot to update the viewers on you recently had Trump on the podcast I want to know what was that like behind the curtain what was it like when he came through the office how was the off camera so great question so first of all 5 days before the interview Secret Service came to our office every day to say you need to move this you need to move that we need to build this that can't be here employees second floor need to be gone so we we had to move 100% of our second floor we have around 40 or 50 employees everybody had to leave because they had to know 100 or they can stay and everyone needs to give their ID to find out what their background is so um we asked second floor to leave everybody's like what's going on people thought there was a termite issue because it was a tent so they said why is the tent here Vinnie's like I think there's termites in this building and that's what's going on so we couldn't throw everybody off Saturday Sunday they came back and then on Monday when they came through two fire trucks uh two ambulance one fir TR two helicopters 40 cars outside my wife brought the kids to meet the president and Secret Service comes and says man we know who you are you have to go park across the street for now because the president just showed up maybe in about 10 minutes you can come back here super protective in the back in our control room there's like 5 600 buttons to press they come in and they say we can't do this interview unless if we press every button and M so imagine you're working the control room and they're going boom boom boom just like a kid in an elevator rightow they're pressing everything switch switch switch okay great so now our people have to come back and let's get everything back in control what it was like to get it back in its place and then uh once they showed up the team was phenomenal a lot of the you know uh folks uh uh watched the podcast It was friendly I pull up on my Porsche and I see German Shepherd jumps in my car Hey sir you got to get out boom look at everything that's going under the car open this open that to the tea snipers on top of the building and then uh we sat down and we had the conversation and then obviously an hour and a half later um people are downstairs lined up to want to take pictures only the people that were approved the entire city was shut down everybody on Oakland Park's Facebook page are like there is something going on at Value tainment they're under attack something's going on some they may bit of shooting and they're like no the president was there got it everyone lost their minds when he left but the city was shut down for a good 24 hours so you couldn't say anything to your employees or anybody my wife found found that a day before the interview you kept it from your wife you couldn't even mention to her well but that's how I am though because when I'm doing surprises or anything big I don't tell it to anybody except for two or three people and then we bring you in and we tell you if you want a long-term relationship with us this is a test for you you're going to be one of the few people that no are you fine with this kind of a responsibility if it's leaks it's one of you guys that couldn't keep your word and longterm you can't be in meetings like this can we trust you yes are you sure yes do you guys vouch for him we do great here's what's happening we're having president Trump here at XYZ like Adam is lot out there partying and being around a lot of different people Adam found out about the interview one hour before he was coming we recorded it and we said hey do you know what's going on right now no what's going on everybody's telling me something's going on well you know the president's going to be at 5990 in the next hour and we're going over there right now get the F out of here kidding me no so we kept it my kids didn't know my dad didn't know nobody know and when you were recording how many feet away would you say was the nearest officer so imagine I'm sitting here where I typically sit pbd podcast logo your president Trump there's nine people in front of me while we're doing the interview multiple Secret Service some of the folks that are trying to keep them uh there was a moment in middle of the podcast that nobody said that was probably the biggest highlight of the podcast that we cut out because I'm getting text messages hey you got to you got to finish it you got to finish it they got to go they got to go and I just I'm like listen I'm not doing this I got 50 text message from my guy saying we have to finish up I'm prepared for 90 minutes what are we doing here if this is how it's going to go we got to cut it right now and you guys got to tell me right now right there president Trump told everybody hey we're going to go till this time we ended up going till uh 4:45 to get the additional uh 20 minutes needed 25 minutes needed and then uh it was very interesting seeing how his team responded to well let's move this I'll call him afterwards have him come to dinner have do this and um very impressive on how him and his team work how busy do you think his schedule is right now because is it down to the 30 minute Mark for everything throughout the day he does the Rogan podcast 3 hours not the way Kamala and them are negotiating to say you come to us and we'll give you only an hour and on his terms Joe's like no I'll do the interview come to me I can't get to know you in an hour come to Austin I'll sit down Trump who's busier than Kamala going on more roach show than Kamala runs a lot of businesses has all these other responsibilities goes to Austin does a three-hour podcast he's two three hours late to the Michigan rally gets on a plane goes to Michigan does the rally at midnight gives the hour talk then gets back gets his rest then he goes to the next city then it's Madison Square Garden this guy is re our team today we're here two my guys ask for the morning they they're trying to go to a meeting at marago they go to marago Trump is there speaking to 150 people at marago this morning an hour hour and a half the guy is running and gun he's the kind of a competitor that I love because the most intimidating competitors you'll ever face in a Marketplace is when you think why does it seem like this person's at five different places at the same time how does he do it how does she do it eventually you're going to experience one of two things you either want to accept the fact that he's a bigger Alpha than you and give it up that's not your competition or you don't want to accept the fact so you start spreading rumors negativity you're upset at him you say you bash him all this other stuff like for example how Mark cubin is with musk Mark Cuban is constantly going after musk why is he going after musk what are you upset with musk used to not going after why are you going after him now because musk keeps going musk is operating musk is running startups Mark is not running a startup Mark's an investor Mark's running a basketball organization it's an established organization that he didn't found it was a team that he bought and he helped them become a champion you got to give him credit but uh musque is not stopping neither is Trump those are some of the most annoying intimidating opponents you'll ever have in your life and Trump's doing it gramp at 30 at 78 years old think about that now this question might be a little bit difficult for you to keep your diplomacy when you're answering it but I would just love to ask it what are a couple of things that you dislike about Trump and a couple things that you like about Cong so uh uh if I was kamla's uh uh campaign manager I think kamla's attractive she's physically very attractive even Trump doesn't know how to take shots at her looks she tell me who has been a more attractive person in politics than her female side maybe AOC uh maybe there's a few others out there I think AOC is very attractive you can't say she's not attractive AOC is physically attractive she's pretty uh these are we're not talking models but I'm the standards are politics she's attractive she has she's she's good-look you know when she was younger when you see her dating Montel Williams when he was 20 years older than her and they said is this your father are you his daughter and she said excuse me are you his daughter uh no I'm not and it was when they I don't know if you've seen that clip or not it's a little awkward when you see something like that so I think from that part she's attractive um and the second thing I would tell you about her is you don't have to respect it or not she thinks very highly of herself so that's kamla you got to respect it she thinks very highly of herself for her to feel like she's above people and she's super attractive uh Trump well have you seen a new movie that came out about Trump The Apprentice have you guys seen that movie I you guys would have seen it I saw it twice in the first week okay and it's a hit piece on him so it's not like it's a good movie It's supposed to be bad movie my wife watched it both of my sons watched it 1211 there's certain pieces in Clips in it it's inappropriate for your kids and when we watch it I didn't know those scenes were in it's pretty bad with Roy Cohen certain scenes you get prepared for I have to tell my kids to close their eyes and then I had a group of my guys that we watch it together in a movie it shows a clip that Roy K who was a former lawyer for the mobs a lot of different people Nixon this guy was friends with Nixon and you know McCarthy young guy killer one of these you know lawyers that historically were tough lawyers like an fle Bailey I don't know if you guys have heard of name fle Bailey this guy was a badass lawyer smoking cigarettes interviewed by Mike Wallace back in the days in a black and white interview the way he sits down like listen I'm a freaking powerful lawyer there's certain lawyers that have certain gravitas about them and a certain level of confidence that's very attractive appealing for TV right Roy K was one of these guys and he said uh one attack attack attack always attack so Trump's always attacking and this is when he's asking in the scene whether it's true or not it's a great scene hey you want to be the King of New York here's what you got to do I'm going to tell you the rules number one attack attack attack number two never accept loss okay two always claim victory right so you know you're going to sit there and you're like well sometimes he doesn't come across as relatable to the average person because I need to be able to see a certain level of vulnerability for me to say that's my guy and it makes you want to run through the wall for him now he has had some moments of that this last 12 months when he got assassinated the assassination attempt happened and he gave that speech at RNC and you saw him having a moment you could tell he didn't speak like his regular self when there is that one scene when they're showing a uh he's on stage and they're playing a song and he got emotional I don't know if you guys watched the interview when I showed that clip to him and I'm watching him and I see him goes like this the first time in the entire interview he goes like this and he's watching it and he's trying to change it and you know I'm in the body language business I'm in the sizing my opponent business and sizing not an opponent but anybody kids family people you're dealing with you know I watch him and I'm asking myself what is he telling himself right now because he was glued to the screen of him getting emotional with that song that's very very emotional song right I watch I'm like and he comes back he says yeah you know you know America doesn't need me right now to get emotional any of that stuff I said but what about when Pat Nixon died and Richard Nixon crying that he lost his wife he no I remember that scene I remember it he says maybe one day I don't know if he caught one he says maybe one day but not right now right and what does he mean by maybe one day I don't know you know I'm sure he's had some moments that's very tough for him but the fact that he's 100% I am not going to show any emotion or hurt ever for anybody to say well that's why he's not this this this and that and then the argument for that could be go explain why Madison Square Garden has as many people had had there and they called it the greatest political event ever ran where musk is there he's there Dana's there all these guys are there what happened with that event so whatever we we may disagree and not like doesn't mean it's not working it's working you just don't have to like it I I agree with the relatable aspect I don't think he's incredibly relatable but I would chalk it up to the weave to be honest when he starts talking about all these different things it's like when you're shooting the stuff with your friend you kind of just point and shoot answer question and stuff like that but he tends to go way off topic and it makes me think a little bit more of like someone who's trying to be really diplomatic and like adding a lot of fluff to stuff rather than just kind of going straight for the answer and I like JD Vance for that reason he's more vulnerable he's very very relatable and he's also very point and choot with his questions and answers well he's he by the way prediction then I'm going to come back to your weave think if I forget to remind me I'm want to go back to the weave here's my prediction for you but you know what while we're on the topic you have to ask yourself what's the future going to hold for businesses because if you ask nine different experts you're going to get 10 different answers bull market bare Market rates will fall rates are going to rise a little bit it'll be really helpful to have a crystal ball but until that happens over 40,000 businesses have 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prediction for you between now and November 5th Trump is the most hated man in America by mainstream media on November 6th number one on that list is going to be musk number two is going to be JD Vance number three is going to be Trump let me explain to you why because who is the only person if you if you pull out a chart and you put a timeline you'll have Trump is four years musk is 53 54 right now how long you think musk's going to live 30 40 years so mosque is like this that's why he's the most feared and hated person okay minus politics JD Vance is not only four but JD van is currently proving himself to be the number one candidate in 2028 and this could be 12year run because Jake Tapper doesn't know how to handle uh uh JD Vance uh Dana Bash doesn't know how to handle JD Vance the media doesn't know how to handle JD Vance he goes on Theo Von they love JD Vance he's on stage they love him so for me November 6th you will see what's going to happen the amount of attacks going after JD is going to go to the roof on November 6th because they know he's next well we have the prediction and we'll be able to check back up on that I'm sure in probably a year when we do the annual podcast I think that is a very astute observation I agree with it I think the incentive structures are there for them to do that so makes sense people follow incentives and I think I think that's very very PL And in regards to the weave you know who's famous for doing the weave oh how much money have you spent in your life with lawyers I don't want the number but think about the money that we spend with lawyers you know what's the one thing about lawyers you ask a lawyer a question so hey John I'm going through this and this this that what do you think I should do well I remember when I was dealing with this one case and it all depends because in the State of Florida their job is to prolong the call to collect their fees right lawyers are pro at doing that and they're frustrating but guess what they're collecting their fees so sometimes that weaving stuff is fine if you're coming back to the point for lawyers it doesn't matter I'm just colleting sometimes in that case I think there's so much Nuance that there's not just they're holding their to fire you know once they give you a direct I got a lot of lawyers that are now with me that I've had for years and I like them but sometimes the lawyers that you're dealing with at first oh my God it's a two-minute question 45 minutes later I'm getting bill for two hours that's why you got a man that's why you got a minut exactly okay so one thing you talk about on your show a lot which I think has been avoided for a very long time is who really runs the US government you always talk about they like when you say they removed Biden as president against his wishes and placed kamla in the seat who are they yeah that's a great question so I asked Jim Jordan right now who the who they are and I asked Kevin McCarthy who they are Jim Jordan was this here right now I'm coming from there and Kevin was here two or three weeks ago so report came out today of how many billionaires are supporting Kamala versus how many billionaires are supporting Trump what do you think the split is so I'll give you the number on the total it's a 130 total billionaires that have publicly M declared who they're supporting how many is for Kam how many things for Trump I would say like 15 for Trump and then the what is it 130 you said 115 for think it's opposite I think I think the majority is probably for Trump you think the majority is for Trump I would say so you ready 80 is Kamala 50 is Trump 80 is Kamala 50 is Trump why why is 80a 50 Trump when when you think about Elan is for Trump okay you think about you know Warren Buffett is not for anybody they're not announcing that they're supporting anybody he's staying quiet about it he's normally not like that he'll come out and see Obama but he's not for anybody and neither is Mark Zuckerberg not for anybody in 2020 4400 million he said we made a mistake cuz the Joe Biden KLA Harris they kept telling us to take certain things off and do this and we made the mistake of saying yes to them so Mark is kind of saying I'm out I'm not supporting anybody right you saw what Jeff Bezos Washington Post we're not endorsing anybody he lost2 200,000 subscribers at a $50 annual renewal so he lost $10 million of recurring over saying they're not endorsing anybody and lost a couple of his guys and that's out of 2.5 million subscribers he lost 8% of it LA times for the first time in 20 years we're not endorsing a candidate he's one of his main editors resigned say I can't do this because I think this guy's Pro Trump or whatever it is right so why are 80 people supporting Kamala more than they are Trump well if Dems lose this year November 5th we're going to know by the time people watch this thing if Trump wins and Kamala loses and they're done who do you think is making a phone call to say we have to change the approach you think it's Obama you think it's Bush you think it's a Hillary you think it's the clintons or you think it's the money people there's there's a video today that I played for Jim Jordan it's a scene where they're at George bu senior's funeral and everybody is handed a white envelope and they show clintons open a white envelope professionals no facial reaction they show Michelle Obama opens the envelope Barack goes like this they show the envelope George Bin's wife opens it and she looks at Jeb and Jeb is looking around because it's his father's funeral and then Jeb goes like this for half a second he goes half a second reaction to the envelope okay so who gave the envelope because in life let's just say you go speak at an event and they pay you a half a million dollars to speak it's like well I got paid a half a million dollars to speak you know what I want to know who cut the check to a half a million dollars to you so in a setting like that you received an envelope and only four of you guys received the envelope apparently Trump didn't receive an envelope velope who gave the envelope it's not your assistant it's the assistant to who whose Handler gave it to you and are those the people maybe I I joked about it I said maybe maybe maybe it's simply the fact that they said to Jeb there's no stake on the menu tonight and he's pissed it's only chicken we know that's not the case maybe maybe they said hey you know Trump did something well what is that one thing if you only need to look at something for half a second that means there's not a paragraph or a sentence it's a number or a word or a letter boom that's what it is I'm asking Jim Jordan today this is a very powerful guy Jim Jordan he's gone up against Fouch he's gone up against the Bon folks he's gone against Hunter he's gone against everybody he's gone up against said I've never seen this before I said what do you think is in the envelope I don't even know what's in the envelope I want to know so you know Trump called it the amorphous group of lunatics like a certain group of people behind closed doors that have the power that are doing this who Could That Be it's going to be tied to people that have money and who those money people are we know some of the names we don't know all the names um but the the reality of it is whoever those people are that can control the knob somebody like Obama's worth let's say $100 million say $200 million say Hillary's wor at this point Herm Bill $300 million $400 million you know what that is to these other guys you're nothing that $400 million I spent on a regular day just interest on what I'm paying or dividends what I'm paying you $400 million these other guys have the real kind of money so I asked uh uh Jim and my interest to see what Trump and some of these guys will do the same way they did Twitter files where we found out the communication on what was really going on and who was asking to remove all those posts and all this other stuff you know Barry Weiss you know Elon Musk Matt taibe exposed it right I asked I said I would love to see somebody get appointed to do FBI Files get appointed to do CIA files get appointed to do doj files get appoint wanted to show to us what's going on cuz if somebody comes in and you fire everybody Jim said you Jim said I've told Trump you should not only fire everyone but you should also fire some of the people that you shouldn't fire and it's okay if you're get in trouble for it but we got to get rid of these guys so really find out what's going on yeah I mean you know it's who's there the longest that typically doesn't want the Limelight one time I interviewed this lady named Jonah Mendes she was the chief disguise officer of the USA she's CIA 28 years I think her husband uh was a very well-known guy that was involved in the movie Argo but Jonah Mendes she came to me she's the one that put a real mask on her face and President Bush senior couldn't recognize her because it was so real if you've never seen this it's sick there's a picture of it she's holding the mask of a different lady right and I said Jonah you've been to CIA for 28 years what is the quality of a great CI agent say great question I said is it sales is it negotiation is it persuasion what is it she says it's somebody who's a very good negotiator who's very Charming who's very charismatic who's very persuasive however if you all of a sudden prevented World War III and you are the reason and you're watching TV you don't have to go and brag about it how hard that is you know you want to say Hey you see that I did that imagine you just prevented war no one's giving you credit for it those are the people behind closed doors that they know they're running everything but no one's giving them credit for it cuz they don't want it yeah they're okay with that in the envelope I'm curious if it's a picture could be a picture that's what I think some picture some sort of some sort of blackmail could be a picture that's what I think hey we got this image and everyone's like oh crap they got the image you're right it could also yep yeah for me I would say it was really freaky when Joe Biden kept saying I'm going to run a second term things are going to be fine I'm I'm not going to out of this race that's the last thing I'm going to do and then one random day he did no one asked any questions and he's out and KL is in we don't even know why I got a question for you guys the the evolution of your first podcast we did together at MGM right to the second one to now the third one I don't think we talked any Politics on the second one on the first one maybe a little bit second one I went through a few times this one you got guys are very interested why are you guys now comfortable talking about politics and and you're interested in it I have always been a little bit more okay with that I'm a little bit more prone to risk I guess Graham is very risk averse so he doesn't like to make any takes or anything for me it's not really my forte I'm I'm really interested in business and money uh and I think that's a good balance between Jack and I jack is a lot more interested in these topics than I am uh for me though it's it's what everyone's talking about these days so I'll kind of go with the flow in terms of where the attention is sending me a disproportionate amount of like Twitter posts and stuff like that that have gotten political recently which is fascinating because this has just never been oh go the Bing the Bing is terrible on Reddit so I'm sing Jack so like I'm really big because I could I could see when someone's buying fake views followers likes comments I see it so quickly on YouTube I'm seeing it on Reddit and these particular threads that are coming up and I'm sending Jack these threads that are very Pro Camala anti Elon Musk anti-trump and I know Reddit SKS left but to the degree that I'm seeing and I'm screen recording on my phone and I'm refreshing and I'm showing like thousand uh up votes thousand up votes thousand up votes every minute it's not normal that doesn't happen I've never seen that before and so I could tell and I'm sending this to Jack like hey this is boted this is bought it this is bought it this is a political Reddit threads or subreddits so things that aren't supposed to be political like it was r/p r/p which is not political at all and then they're posting a picture of kamla's AD or something on this fear saying that this fear's taking a political stance and it's just getting a thousand up and the funny thing is every comment is negative but all the negative comments are now getting downvoted within the first minute and I'm screen recording all does that do when it's downloaded what does it do it doesn't show up on the top goes all the way to the bottom so wait a minute Reddit they only show the ones that are uploaded okay got it so what I'm seeing is that you know just my opinion is that her or her team are botting up very positive Pro information to her botting up anti-trump anti- Elon Musk and then botting up all the positive comments and suppressing anything that's negative because when you sort by newest they're all negative every comment is like this is just an ad she bought a billboard are you are you catching yourself being more interested in it because it directly impacts you or is it because the Market's talking about it and you're just like you're you're forced to almost consume it probably both okay I'd say it's an equal amount of both probably 5050 you you know why I I used to think it was the second one but a part of me like I mean politics has been around for a long time if you think about it right politics been around for a long time when I watched Sports and I was 18 16 20 22 I could care less about politics then all of a sudden I'm like wait a minute why did I pay $50,000 in taxes where's this money going to why did you just tell me I have to do this why is this District why is it because I'm this County you just came and collected what kind of taxes assessor tax assess what is this tax LA County so you need me to pay you what $89 $69,000 for what so what county doesn't have this kind of tax what's the Burbank glendell Santa Monica Victor okay then I'm going to go to Glendo we're moving our office we're getting the hell out of California so those were some of the things cuz it starts off with economy right you're not sitting there saying pro-life pro-choice this this that you're just looking purely at the economy side of it but it's interesting for me that a content creator like yourself you guys have a massive following you're you're not a small 100,000 Subs it's Millions on top of Millions on a couple platforms that now even you are feeling more comfortable to want to talk about these issues even though some of your audience may say why are you talking about the stick to business good for you guys thank you and I do think that they're tied together pretty well I mean I also had a huge Awakening when I left California and then moved to Nevada and then realized that the amount of money I'm saving in state income tax is paying for my house it paid for my car it's paying for all of these things and then I go to California and it is substantially worse than it is in Las Vegas and I'm like this makes no sense there's a huge discrepancy and I think it's also important to talk about politics not through an emotional lens so also to to heart back on what he said about the Reddit stuff that's also speculation there's no there's no Pro the proof is just the fact that we've refreshed the page and it looks really sketchy and grah Spen he spends an ungodly amount of time on Reddit like a crazy and and he's never seen anything like this it makes no sense it's speculative but it is weird yeah yeah I mean if you look at Instagram kamla will post something she's got 20 million followers and you'll see how many likes it gets like man you're not moving anybody call her daddy 77,000 views Club Shay 889 th000 views where his Cat Williams interview was a number one interview of the year but the person running for president only gets 889 Trump Rogan 35 to 40 million views and he dropped it on Friday night whatever it was on a night where Yankees are playing game one you choose to drop it on that what a fre you got brass balls to drop it y the perfect timing up there you know everybody's we got to drop it nah I'm dropping it right now go watch it you don't want to watch it it's totally fine with me 35 Mill views on Google you can't even see what's going on with it you can't find a Rogan Trump so and then the uh thumbs up thumbs down ratio you know you would watch Obama on Leno or Letterman or whatever the shows were Kimel or Fallon he was interesting unfortunately she is the most boring candidate ever I've never seen a more boring candidate than her and this is politics a lot of people are boring they get into Politics the Market's just not interested you have guests you'll have them on and what do you do you think you're going to go back and interview guest that doesn't get eyeballs you don't do that I don't do that none of us do that go this guy what was that no one's interested why are you not interested boring not entertaining not electrifying no Charisma no give me something new everything's the same vanilla same story same story same story same nobody wants to see I already know what he's going to be saying because he says the same thing a lot of content creators who were Gods 10 years ago 5 years ago who are dying today why are you going to watch them you know what they're going to say you know what their answer is going to be they didn't recreate themselves the same way the market reacts to boring content not getting fresh you guys are changing it up the same with Kamala the market is just not interested on what she has to say on the interviews they're only voting because they can't stand Trump they're not voting because they love her although really quick if you're in a business like us you know that handling the back office finances could be a big headache you have countless cards receipts and payments to keep track of and then as your team grows you add more company cards receipts and payments to keep track of it could be a real nightmare but it doesn't have to be with the sponsor of today's episode ramp ramp is the corporate card and spend management software designed to help you save time and put money back in your pocket with ramp you get full control and insight into company spend you can issue cards to every employee with customize limits and restrictions and you can automate expense reporting so that means no more chasing receipts and endless expense reports because ramp software collects and categorizes expenses in real time letting you close your books eight times faster plus ramp helps you save money businesses that use ramp save an average of 5% in their first year it's also incredibly easy to use you could start issuing virtual and physical cards and making payments in under 15 minutes no matter the size of your team and now you could get $250 when you join ramp just go to ramp.com ramp.com rm.com the link Down Below in the description cards issued by Sutton Bank member FDIC terms and conditions apply thank you so much to RAM for sponsoring this episode and now back to the podcast I would love to get your thoughts on Lex fredman he recently tweeted he said Legacy Media is done I'd love to see presidential candidates and political leaders of both parties regularly doing long form podcasts moving forward what are your thoughts on traditional media the way it's going so what is keeping traditional media in place three things one is Boomers one is Big Pharma and the other one is sports now watch what's happening with Sports NFL NBC is so scared of what's going on with sport Charles Barkley how dare the Miami Dolphins and the Kansas City Chiefs go put that one game on Roku or whichever it was and they paid him $110 million all they care about is money Charles do you do the NBA on TNT for free well no I'm all about making money but this is a little bit too much who's who says that you say that no it's called disruption the game is going a different direction look at shows on mainstream media by the way here's the other prediction to be thinking about here's the other prediction to be thinking about you'll remember this for sure you remember this do you remember during covid there were guys that are doing lives three four five times a day and they're killing it growing exponentially some of the guys got 100,000 Subs in a in a month right and oh G5 was it G5 yeah G5 and covid and market and the next stimulus the next stimulus reaction to the next stimulus reaction to the next stimulus stimulus changed G5 they disappeared what are you going to react to now election was election was a trump andon RFK and Tulsi and November 6th lot of talent they're scared shitless cuz guess what you know what November 6 is going to happen people going to say I'm freaking done with politics I don't want to know nothing else give me a year or two-year break I'm not interested you're going to see a lot of the talent content creators that are doing Talent individually they're going to join teams and alliances that's going to happen November 6th when they're going to think about it now they may not execute on until March April May June July of next year because they're like no I'm going to be fine I'm going to be fine I'm going to be fine they're going to experience that not everybody now you guys but a lot of people are going to be doing that so that's one part second thing November 6 the mainstream media the only reason I don't think they're going to be dead the next four years is the answer is going to be a little weird I I think Trump's going to prevent them from going out of business the next four years cuz when Trump's in office CNN ratings was to the roof msnbc's rating was to the roof they needed Outlets to go out there and talk trash about Trump and they're going to freaking CBS you're going to see record-breaking number of subscribership why because they have an enemy they can't do that under kamla this game is a very tough game why podcasting is not for everybody it's not I can sit you give me a teleprompter I'll read it so today at 6:00 p.m. there was news reported that in New York City a family of six was shot when it I'm reading right now try to do this now try to go through this not everybody can do this how many guys go from there and make it happen maybe Tucker how many more maybe Megan how many more not a lot of them so this this game is about to change in a major way and Lex fredman is absolutely correct with what's taking place in 2028 2023 2024 Bobby showed the way to is podcast Trump saw that boom I'm going on podcast but you think this is crazy 20 2027 2028 you're going to see actual presidential debates taking place on podcasts you'll see that happen it's changing game is changing would love that no it's no it's going to come it's going to come because there's going to be money behind it it's G to come and the main problem I think also with these huge Outlets is that there's no accountability whatsoever did you read Jeff bezos's opinion in Washington Post I was actually I so I saw that he did that and I was very excited and then I read it and I was wildly underwhelmed because he said that the media needs to be accurate they need two things to be accurate and then for people to believe that they are accurate and he says Washington Post has not done the ladder let people believe that they're accurate basically saying that people can't make the decision for themselves if the information that they're receiving is accurate or not they don't have that agency it's up to the news source to tell them that what they're saying is accurate which I think is kind of taking away the agency from the people that are ingesting information I mean here's the reality of it he's got 2.25 million subscribers right 2.5 million subscribers of which he just lost 200,000 yesterday okay 8% is gone what's he now going to do so did he lose 200,000 but he gained 100,000 conservatives no he just lost mhm cuz the average conservatives or Libertarians not sitting they're saying oh wow great job Bezos I'm not going to come and subscribe to wo oh great job La THS not going to come back and subscribe to L times you didn't gain conservatives you just chose an out indoors so they didn't win anybody they just lost so what are they going to do now when it comes down to TV podcast you have to know to be a good host to ask good questions to be a good conversationalist to maybe have a good shock Factor good Storyteller suspense good analysis good breakdown a way of looking at something that nobody's thinking about to say I just like the way this guy thinks he's always different than what everybody else thinks oh interesting never thought about or very honest transparent I trust this guy when he FS up he says it Ted Turner said something and I think this is where a Bezos if he reads the book they call me Ted or something like that the book at the end of the chapter end of the book phenomenal by the way both of you guys would enjoy reading this it's a phenomenal book to read at the end of the book He's interviewed by one of the current CNN anchors and he talks about how disappointed he is in what happened to CNN he says I started CNN for news to be the star he says now the star is the anchor no one cares about the news things changed right now part of it could be the fair Doctrine Act of 1987 where Trump I'm having him on the podcast we're talking he says you know back in the days whenever they're doing a story on me somebody independently would call and verify are these stories true about you so think about this you're writing for New York Times he's an independent company he calls me and says he Patrick this is what New York Times is writing can you verify these things and I would be able to give my argument to it on the hit piece that you're writing on me right okay ever since 1987 you don't need to do that anymore the fair Doctrine is that because propaganda became a normal thing you can say whatever you want there is no accountability nobody can see Sue you they used to be able to do that because they used to say a media company it was called the Thomas Mund act back in the days where you have to give me both sides of the story that's the Walter kronite days he was a hardcore liberal nobody knew about it he just gave you the news the moment that's wiped out and the journalistic integrity and accountability is gone everybody can keep writing opinions opinions opinions Russia collusion Elon Musk is this why they get rid of that what was what was the argument for getting rid of that yeah so I mean the the argument was you should let people talk and you should let people present and then keep in mind I wasn't involved to know if lobbyist were involved because think if you're sitting there saying guys we keep getting hit by these lawsuits man if we can sensationalize stories even more we're going to get more eyeballs more eyeballs equals more sponsorship money how much did that lobbyist firm wanted to if we hire them how much how much money do we need to give to these guys $2.8 million if we do the 2.8 million and we turn that over how much can I turn into oh advertising would go 300% can we talk to account hey CFO can we afford that $2.8 million let me run numbers for you yes give that guy $2.8 million pray drat is gone no way yes a phenomenal guys Pump It Up more and let me tell you what I believe is going on S source and anonymous source told me what anonymous source everything was Anonymous an anonymous source told me that Graham stefen is taking steroids and growth hormone and he sold them the steroids anybody can say that nowadays what do you mean an anonymous source said that and now you have to go answer it yeah it's it's awful because then if you address it you have half the room with you credibility then he addressed it so there's got to be some truth to it why is he hiding it and if he doesn't why isn't he addressing it it must be that's the sensationalism Factor when you get rid of and you allow propaganda now anybody can say Jake Tapper is being questioned by JD Vance Russia collusion who an FBI what are you talking about you don't have well not yeah we did we looked at no you didn't so Jake is like offensive going back and forth with J like what are you talking about but you did this the entire time now you want to say an anonymous source that used to work with Trump back in the day said the following enough of these Anonymous sources so and and you're going back to Independent content creators what do independent content creators do all we do is we question why did this happen hey can you pull that up huh can huh what do you think happened is it this is it that and then somebody's watching saying what is that white envelope they're talking about and then create a Reddit to see what people think it is let me see 6,800 990 comments later oh there was a person that these are five different things I found out what it is that's how this thing works so that and that's scary to them right what what what what you're doing what we're doing it's very scary for them but long term that's the direction we're going on the topic of independent content creators why did you guys sign on Chris Cuomo to the show I noticed that when you guys did that I saw more hate in the comments section than I've ever seen before on Reddit on Twitter X I saw all of these hate comments what was the strategy behind that and why is why have I not seen him on the show in the past few months I welcome all the hate I'm not uncomfortable with that some of the people that called me and texted me and messaged me about how disappointed they were the fact that we signed Chris if I tell you the names you wouldn't believe it and I wouldn't tell you the names this is not because I don't want to throw them under the bus it's just a private conversation I with these folks but I understand why they would say because for the longest time he made the people that didn't want to take the vaccine seem like they were the bad guys he he was part of that camp that he went through when he was at CNN the whole ior Mech and everything we had Dave Smith we had this debate that took place no for me I my comfort zone is controversy chaos and issues because if there's not a clash of ideas you don't get to the truth if I want to find out how mentally and emotionally tough my kids are and I notice one of my kids is very good at talking to the other ones and I watch to see how long it takes till that person gets rattled and gets emotional and I'll say that's all it took yeah seriously yeah I said let me ask you a question what do you think we are as a family you think you think we're a very quiet family without your father having strong opinions you guys are kids right now what do you think is going to happen when people start saying stuff to you about your dad how you going to handle it what do you mean well let me give you some stuff right now so I start saying what are you going to do if somebody says this well that's not but what are you going to tell them if they say something like that to you how you going to handle this what are you going to do if somebody says this about your brother so we now started R playing how to do press conferences and I start poking them with comments to really piss them off I said you don't you have that th of a skin you want to do something big but you don't you have that thin of a skin at Kevin McCarthy on a podcast a month ago and I asked him a question I said let me ask you here's a list of people that I think will run in 2028 what do you think he didn't comment on it but then afterwards we walked away and we talked about some of those names of people but one thing that he said to me that I'll reveal which was fantastic he said the following he says you know that guy you said that could run for office I said yeah he says he won't run I said why not he's not battle tested I said he's not what he's not battle tested what does that mean he's not battle tested say you have to realize most of these guys cannot go run when hit Pieces come the average guy cannot handle it it doesn't matter if they're a billionaire did you watched The Lex fredman interview with Trump did you guys watch it do you remember that part where asks him the question about other friends running for president and you know who's it for and who's not for he says one there's a lot of billionaires that don't know how to talk from stage they just don't know how to communicate from stage you have to know how to communicate entertain tell stories most of these guys are not good public speakers like Mike Bloomberg he's not a guy that can get on stage and entertain an audience for a long time but another part of it is how do you do when they attack you guys calls me the other day and he does a story on me and we had a very well-known guy from from one of the biggest uh magazines that is going to be here with us on Election night hates what we stand for not on the same page with me here's how the call ended I said let me manage expectations with you moving forward he says what's that I said you have my cell phone number what I shared with you if you say anything I just said in the article you're writing that I said the way I said it I'm always a phone call or text away I swear to God if you in any way try to spin what I said to you in a way that makes me look bad or hurts my relationship with the person that you're writing the article about you will never get a hold of me and I'm going to be around for the next 40 years so if you want to have a 40-year relationship with me that I'm a phone caller or text away you best be fair and straight up with me if you're not this is not going to work out you know what he said to me Pat I may not agree with everything you're doing but I'd like to have that relationship with you long time I said right then guess what let me know when you write the article sends it to me over these are the things that you have to get used to having these Rel relationships with people and managing expectations when Jordan first came in the game and everybody was doing interviews afterwards and they started talking about his family Jordan made it very clear hey my family is not something I want to talk about you can ask me any questions about the game not my family if you talk about my family I'm not giving interviews you know what happened everybody realize you want Michael interviews you can't go after his family they left him alone and Michael had a personal life that he didn't walk on you know water he had certain issues nobody covered it because ask me anything you want about the game but don't ask me about my personal life that's the way you also manage that relationship based on whatever your level of acceptance is on a topic that you want to talk about so the battle tested part is going to be interesting to see uh who'll be able to handle it or not but it's going to be it's going to be very tough for a lot of people long term especially those that want to maybe get to the next levels of running yeah now in terms of policy do you think a zero income tax is actually possible so let's do the math how much money do we need to run our government depends on what you're funding I guess exactly but right now how much money do we need to run our government today with with overspending yeah yeah it's probably you could get it down to five trillion out of the5 trillion doll how much lower can we go to well if you get rid of Social Security you could save two and a half you get it down to two and a half you how do you get rid of Social Security you got 76 million baby boomers how you going to do that the way I like to think Social Security can be ended is assign an interest rate to all of the money people have contributed throughout their entire life and then just pay them it back in a lump sum and close it out so everyone gets their own individual account that's inves add up I mean if the if the IRS can audit us they can get access to these records add up the amount you've contributed assign an interest to it maybe 5% 3% I'm sure people would rather have the money now than later and then just give it to them okay so how much is that going to cost you what's that amount 2 and a half trillion you're saying 2 and a half trillion Social Security I believe is 2 and a half trillion of else overhead defense okay defense how much of it can you change especially right now I have no idea okay so our defense right now what's the number $2 trillion us defense budget okay how much of that can you lower do we need 780 bases worldwide why do we have 780 bases worldwide how much is that cost us do you realize we have 780 bases worldwide do you know how many military bases China has worldwide it used to be two I think they're at eight right now 5 to eight right now we got 780 worldwide why do we have 780 worldwide what are we doing with that right there's a lot of areas where you can cut however this is the challenge to do that to get to 0% the only way that could work out is if you that way of thinking controls the administ ation for 20 years and that's the problem because if you go zero and you put it on all the tariffs that we're collecting from all these other countries how much are those tariffs going to be so for example the the trade surplus trade deficit our trade deficit is what $1.1 trillion per year we give $11 trillion more to other people like imagine we're doing business I buy $1,100 more more from you than you buy from me so I'm always giving you more than you're giving me if we're business people the way I described it you do auto insurance I do real estate I've given you 1,00 more leads and referrals in the last five years than you've given me you're not giving me any referrals I'm always giving you eventually I'm going to be like why the hell am I giving you all this business you're not giving me anything I'm going to stop giving it to you right so our trade deficit is 1.1 trillion China's Trade Surplus is 8 40 840 billion you know who number two is in trade surplus Germany Germany gets 220 240 billion more why BMW the cars the fancy cars that they got so that's the part so if he hired somebody that can go negotiate with these countries and saying hey we've given you this much to make up the difference it's either we're going to make it up through tariffs or you have to spend this much money buying this much money business from these 20 different Industries and you don't have to do one maybe you don't have this cuz you have it right now you got to buy the other ones so I need you to buy this much money from this this much money from this this much money from this right so you're kind of going through that part with them great but how long will that take for that negotiation to take place because how long can China take that pain maybe a year two years three years they're like who the hell are you you're going to get out anyways and I'm going to have some of my intelligence come and make sure you don't get elected and JD Vance doesn't get elected you ain't going to do this 0% stuff because I have to pay for it so the only way I think that happens is man you need 20 years to shift the way we think to get people off of entitlement programs and if you get people off of entitlement programs they like right now okay hey I'm going to cut you to Tech Social Security we're getting rid of it give a 58y old $173,000 of Social Security you think they're going to keep that money or spend the money they're going to spend the money so how much do they have left at 62 years old 72 years old and now who has to take care of them the kids now the kids have to take care of Mommy and Daddy CU they didn't spend they spend the money in a hardcore way to now kids are having mommy and daddy live with them that's problem atic so we're we're not a good Savers Society right now we have very bad mindset financially it's going to take you 20 to 40 years to figure out a way to get to 0% if we have everybody believing in the same ideology and philosophy that's a tough fight to have not in four years it's a very difficult thing to do in four by the way if they do it they deserve a Nobel Prize yeah I like the fact that it's brought up but at the same time I'm worried that that sets expectations so high that then if they were to do something like say reduce it 10 15% it just wouldn't even happen because people are expecting zero or they're expecting no change at all you set the bar so low though that if you get anything then yeah it look it is a great conversation started to go like if you ever read the book um The Art of Seduction or 40 Laws of Power have you guys read those two books okay one of the things he talks about is cast a vision or a dream so big that seems unbelievable most people run through the wall for it to think it's possible that one day to become a reality there's power in selling a massive Vision or a dream the greatest leaders of all time that created a massive following they were very good at doing this it doesn't matter 100 it doesn't mean 100% of the dream or the vision became a reality but they definitely created an army behind it some of them did some of them didn't but hey by the end of the decade we're going to land on the moon now you have to believe we didn't land on the moon and it was a movie Fly Me to the moon or you believe we did but either way the story of we're going to land on the moon what is that a massive Vision oh my God we're going to do before Russia this is awesome John F Kennedy let's go right it's exciting so there's a part of it but man you need you need a lot of years of people being on the same page together so where do you think America's headed over the next 10 years it's after the election you're watching this Trump one JD Vance becomes Enemy Number Two Elon Musk is Enemy Number Three Trump is going to be Enemy Number Three uh I'm sorry it's going to be musk JD V and Trump so then the establishment they're not going to go after Trump because Trump is just four years they're going to go after Eric Junior all the other family members so that's you just have to know who the enem is going to go after that's who's going to get targeted crystal clear those are the people and maybe I would put you know certain people in the top 10 list AV would be on the top 10 list certain other people maybe not Bobby Bobby he's going to be 74 75 years old maybe they're going to go in a different direction Bobby is going to play a role but they're going to Target some of those guys um Trump wins the way JD Vance has proven himself as a great VP selection and Trump gets credit for this with Peter theel and Don Jr But ultimately Trump for choosing him because it's his call JD has proven he's ready to be a president with that debate with Tim wal Tim Waltz it it just it looked like a professional basketball player playing me one to one and you're just watching and saying Pat you have no clue what you're doing no you're right because I'm playing up against Kevin Durant and I don't know what I'm do when not playing against guy like that so JD Vance is formidable enough to be a two-term president okay so if Trump is a one-term JD is a two-term president now you got 12 years of momentum and this is to blame for what Barack Obama and what uh fouchi and what Biden and what Harris and what a lot of this establishment did during the four years during Co no one forgot that there's a lot of people that didn't forget it they are so angry there is 14-year-old kids that are now 18 years old that will never forget how ninth grade was permanently for the rest of their lives I am 46 years old I will never forget what it was like living in Iran when I was 6 78 nine 10 years old never till today I'm 46 I will never forget wheni died for 3 hours two hours my mother can't find me we're going all over the place everyone's panicking streets are Riot it's it's till today I can play that scene I'll never forget that right that stays with you so you're 14 years old you mean to tell me I couldn't go to school I couldn't see my friend I'm at home I'm around my mom my mom's trying to go to work we're getting into fights my mom and dad are fighting all the time this caused the divorce you guys lost your restaurant that my grandfather ran for many times since the 40s and 50s you did that to me that's permanent that's permanent fire in the belly that you cannot replace those kids are now 18 they're going to be 22 26 30 that army of why male voters 18 young male voters are becoming more and more conservative is not because maybe they grew up in a conservative family so they're not become more conservative you made them feel like idiots you made me feel like I'm abnormal for being a regular young man a young male right young boy who I am what what is so weird about me so I think that revolution of strong men coming back up you're going to see a lot of that the next four 8 12 16 years and they're going to be heroes now wasn't a lot of those lockdowns that started with Trump as president not the lockdowns no not he he had what lockdowns did they do during Trump uh March 2020 that's States though you you can't put States states what they did with California that's a state what New York did that's a state that's up to the state the santis here did it in Florida for two to four weeks he opened it back up I remember I was here that was like a but he's not the guy shutting it down it's the states that are doing it and fouchi was the one that's saying well I think it's not responsible to have kids go to school and we need to do this and he's putting that from the top I think everybody needs to get a vaccine I think everybody needs to do this so that pressure and Trump's like is this the person that saved all the AIDS people I'm hearing different stories about this fouchi guy isn't this the same guy that was selling that whatever the lzt back in the days and we had a cheaper version of cure for AIDS but he didn't want to do because it was making 10 12,000 wait a minute who is this guy can you guys tell me who this guy is Trump's trying to figure out who fouchy is right so no what states this is what states it and then in La the mayor I think it was via grosa I don't know was no it was different mayor that is saying hey if you catch anybody that's nonessential working out there and you snitch on them and tell us says we're giving you $250 who the hell creates a model like that right so those kids will never forget that they will never forget these policies cause their parents to get a divorce these policies cause their grandfather who have some of their best memories ever of going to that restaurant breaking bread putting it into this o you know oil and vinegar and Grandpa's telling stories about the times of Italy or about the times in Ireland about the times of you know whatever they were and these are memories these kids and like you did you destroyed that my grandpa worked on that how many restaurants nearly 100,000 restaurants 50 million workers in the service business were not having a job you did that to me I will never forget that they're going to get older and those convictions are not going away and universities are going to face a lot of these kids what what do you think Charlie Kirk is doing with Turning Point USA you don't have to like the guy you don't have to agree with the guy guy but let me tell you that guy's a very formidable guy and his arm is getting bigger and bigger that guy's going to be formidable there are a lot of kids that are looking at what he's doing and others are doing that's going to be around the next 10 20 years but M if Trump wins and Vance plays offense and Vance is more involved in having victories and Trump gives Vance certain responsibilities that he is the face winning not Trump if that if Trump is comfortable with Vance getting public victories sometimes even more than him if he's okay with that that some of the credit goes to Vance and he's not upset about it Vance will go eight years but if all of a sudden Vance gets a little bit too much attention and it rubs him the wrong way and Vance gets a little bit too cocky that he's doing it and it gets to his head even a subtle smirk when somebody asked the question and says the following if you want to find out a divisive question to ask Vance you know what it is you ready for the divisive question hey JD a lot of people are saying you're the president of the United States and president Trump is the vice president a lot of people are saying you're the one that's doing all the stuff right now it's because of you how do you feel about that if he smiles for half a second and president Trump is at Mor Lago and sees that Trump now you have division these are some of the things you got to be ready for because the games are going to be pinned to pin Trump against JD if they're able to find a way to pin Trump trump against JD and now Trump is not happy about the attention that JD is getting Vance is not going to get reelected cuz he'll be another Mike Pence Trump's not going to let that happen JD has to realize you are not the alpha he has to give all the praise and edification to Trump the next four years zero taking credit if he does that the head hono at the top is going to give him the biggest endorsement for 2028 and he'll get in if it's not VI or somebody else but he'll be one of those guys but I think if that takes place you got Elon you got you got Tulsi you got Tucker if all of these things are taking place ooh this is not good for these guys for the next 12 they missed the mark on podcasting they missed the mark on the way they presented their argument during covid this may not just be four years it maybe four 8 12 years it's interesting too we've said for the last two years that we've tried to get people on the left we almost never get a response back or they just say no people on the right seem to have no going on podcasting why do you think um my thought is that or what what Ben told us Ben Shapiro which I agree with is that the left overall has Legacy Media and they don't need to do podcasting to get their voice out there because they could go to a big publication or a big news outlet and say whatever they want but you think you think it's just that I don't know if it's just that he's right that it's just that but there is a layer deeper than that it's not just that because what if it was the other way way around what if we're cable okay and Cable's a new thing and podcast came first flip it let's say podcast came first and cable is us now it's just a different platform right okay and what if cable didn't agree to send you the questions but podcasters agreed to send you all the list of questions and you could say don't ask this don't ask this don't ask this which one would be Legacy it'd be Legacy podcasters against media and mainstream media the cable network would be what oh these guys I'm never going to go on cable because they don't give me the questions right it's about who is controlled and is willing to release the questions and follow the guidelines and the ass that they're making whoever does that they're favored by him whoever doesn't doesn't think about think about uh uh anything you are very confident about speaking on are you okay if a person ask you any questions on that you're like yeah sure what if you're not but if you don't know a lot about certain things and you're afraid to go out and get exposed right and you're like oh that was not good that was a bad piece that went out oh hey we have to protect me that cannot happen again you guys got to make me look good there was a sports center commercial once with Dwayne Wade and he's sitting there with the editors at sports center and he's saying hey can you show me staying in the air a little bit longer than he did I want you to edit it this way to make the Highlight better and it's funny it's supposed to be like you know satire and they're making fun of and the way where it's like this doesn't make me look good we have to make me look better right and he's talking to the editors as much as that is comedy and they're trying to joke about it a part of it is that hey 60 minutes can you edit this this way so I give a stronger answer on Netanyahu versus the answer that I gave cut that one and put the better one in there podcasters are not going to do yeah that is interesting it made it reminded me of actually so we've had a lot of people on the left a lot of people on the right on our show we've been requested one time to cut out some of the conversation and that came from somebody on the left never never heard anything like that from anybody on the right we just had to reach with The Rock when I put the Rocks interview I asked him a lot of question about I said who do you think your followership is you think you're more you think they're more conservative or more on the left I said because you're Pro military right conservative Moana is a family movie conservative you're WWE conservative you're a badass conservative working out conservative you know all the you're conservative I said you know most like have you guys ever broken down the audience so we do the interview afterwards I have a call and I get an email you got to cut these 18 18 19 minutes and I lost it we're at dinner at the Kasa D'Angelo and my dad is at dinner this is the day that my dad's sister passed away and I took my dad to dinner because he was he was going through it and my oldest son was there I'm like I'm not doing this now respect to Dwayne I said Dwayne here's what's going on and I'm telling you if we cut this this is a bad look he says give me 24 hours we talk he says Pat put the whole thing out there I have no problem with the interview and and then the audience was able to enjoy the interview when we're talking about politics it's uncomfortable cuz this guy's the most fa famous guy in Hollywood 600 million followers got like 500 million followers on Instagram right how many guys in that space are like the rock that will call me directly and say hey let's do this most of them are protected it's a very weird space most people are walking on X shells these famous people are walking on X shells afraid of what to say and that's why guys like Joe are winning but really quick you might have noticed that since last year the iced coffee hour has grown substantially we've passed 1 million subscribers we've had big guests on like Jordan Peterson Michael sailor and Ben Shapiro and we're even about to pass a billion views the point is a lot has changed over the last year and if you have a growing e-commerce business it's probably been the same for you too if you're looking for better efficiency during the crazy holiday seasons or you've just outgrown your old shipping Solutions you need ship station to help you grow your business ship station integrates with over 180 popular e-commerce platforms marketplaces and carriers is helping you achieve exceptional shipping efficiency plus with features like automated shipping tasks you can manage orders from one easy dashboard and enjoy discounts of up to 89% off UPS DHL Express and USPS rates saving you money while delivering faster over 130,000 companies have grown their e-commerce business with ship station and 98% of customers who stick with ship station for a year become customers for life so lead your e-commerce business into a smarter future with the shipping software that delivers switch to ship station today so go to shipstation.com to sign up for a free 60-day trial shipstation.com with a link Down Below in the description thank you so much shipstation for sponsoring this episode and now let's get back to the podcast but you know what before we go into that you have to ask yourself what makes a leader stand out because it's not just about taking charge but about setting new standards and embracing bold moves that's why if you lead by example and live with passion then our sponsor the Range Rover Sport is made for you every model of the Range Rover Sport offers a unique blend Dynamic sophistication and sporting luxury it's where refined Elegance meets visceral power with focused on-road performance and world-renowned off-road capability this vehicle Rises to every occasion experience the Adaptive off-road cruise control that adjusts to your terrain and dynamic air suspension for Superior agility and Control Plus adaptive Dynamics ensure smooth and composed handling by minimizing unwanted body movements for those who Elevate their desires and lead by example the range over sport is so much more than a luxury vehicle it's a statement Discover it today at landroverusa.com again that's landroverusa.com with the link Down Below in the description thank you so much Range Rover Sport for sponsoring this episode and now let's get back to the podcast let's talk about a few more personal things so you've mentioned that you're a minority owner in the Yankees they're in the World Series so congratulations I know I'm sorry I know I know you have to realize Sports to me is emotional I love sports you know I love the the the game to me baseball is spiritual you go on the field there's something very unique about baseball now I'm guessing that a lot of this contract is behind ndas and stuff like that how much can you talk about your ownership of the Yankees I'm curious to know what's the ROI very good are you kidding me like oh I made uh uh whatever the Forbes return is for sports teams that's what everybody follows I the number I'm going to say it's 14% right what gives 14% not a lot of stuff gives 14% yeah did last year with My Equity okay now could that also be because the stock market's gone up you're right that the Market's gone up but that's not really the case it's it's a non duplicatable asset you don't have go on the stock market and buy a share to Yankees today when that happens and you got the money go in cuz that's the number one organization about over any you don't get into the Yankees right do you get a cash on cash return or is it that you just lock up your money eventually that's right some teams some teams you get dividends of course you can sell it it's by the way just think like but it's hard because you have to get the the buyer to have clearance and yeah but but do you remember when shamat put the TW uh tweet about when he put $25 million in Golden State what happened 10 years later have you ever seen this tweet no he bought it in 2010 for $25 million so 25 on $450 now the team is worth 5.6 billion so you know that $5 million made him $250 million eventually I'd like to be a majority owner of a team I love baseball I don't know if it's going to be the Yankees because I don't think they're going to want to sell and Yankees is going to be the most expensive one to be a majority owner I think I would make one uh uh I think I'd make a good owner with our leadership team because we love the game and there's Pride behind it it's not just a business decision we actually love the game we'd fly back and forth if it's the Yankees or a team here and we do some creative things but I no longer have to go to a second background check if I choose to become a majority if I choose to go from a minority to a majority I would have to sell a 100% of shares that I have of the Yankees if it's not the Yankees to be able to get the other team but now MLB knows who I am I don't need to go to a background check why don't they go public or any sports team for that matter and then then you could trade the teams as you would stocks in terms of like which ones someone did that there's somebody that did that that you can actually buy shares of a team right now they've just started doing with Esports teams and they're terrible Investments because it's they don't make money but sports teams do I can tell you the Yankees investment is grown exponentially that's I wouldn't have guessed that too that's fascinating how what's the minimum investment to be able to buy into a sports team like that what kind of a team if you want to go like let's you say the the Memphis Grizzlies you can probably get in at five 10 million bucks if you want to go to Dodgers Yankees 40 million bucks cash to go through something like this because it's Yankees they don't want a lot of owners they don't want 600 names they want 20 names they want a few names and they want to make sure these are certain people that you're looking at that represents the brand is somebody has the gravitas all this other it's Yankees on the topic of your own personal Investments you've also mentioned that your net worths like 500 million bucks how would you divide that up where where's the money loc is it like what percent gold maybe Bitcoin so we just bought an 11 acre building cash $25.2 million um on the airport two hangers Brian spank you knew this property was bought in 2018 for25 million guy put $7 million of upgrades and then he went away he got in trouble because of a government fraud something he did $130 million and this went into the bankruptcy court and there was a auction and in the auction there was 4,400 people that were interested in the property 131 that signed the NDA and then there was the auction on the zoom there was like 40 people in the room and you had to put a million dollar to be able to Bid And if you don't complete it you lose a million dollar and then when you do compete and you're the winning bidder you have to give them cash within two weeks within a week we cut the check we wire the money over to them got the keys we moved in we're going to build our entire right now we're building three buildings on that land each 100,000 square ft to has 2,000 employees it's it's I mean you got to come see to what the place looks like we're going to build one of the biggest holding companies in the world right now our consulting firm is growing exponentially on the amount of clients that we're managing bed david.com bdavid consulting.com if you go to bed david.com it'll explain our 5x5 rule on the bottom of the uh website uh there's a 22-minute video worth watching so we're Consulting for a lot of different organizations right now companies from 60 plus countries so the consulting firm it's a it's going to be a behemoth because we're this is and we're not MBA people that got a degree and I'm telling you what to do everything we're teaching you or sharing with you we've done raising first round a million then 10 million then 35 million selling a business for a quarter of a billion dollars hiring 2030 seite Executives all the mistakes you make in HR technology making the investment in technology to increase the EB up from 5x to 15 to 20x all of these things you're going through we share that with you may come in and say well how do you balance that out with creating a marketing brand or podcast or this or that there's nothing I'm sharing with you that is lip service the from a book so when you come in we'll literally sit there and say let me show you our YouTube channel here's what we're doing this is what failed this is what worked here's how much money we're spending with this this is what we're doing with this so that's that part so as last time when you and I spoke when we talked about cash I said $200 million you remember I think this was like uh this was the first one you and we did mg right we how much cash and all this stuff there's been multiple events since then and man has grown in ways I don't know if you guys are on Mana or not maneka has grown exponentially with what we're doing with the app I have right now nine unanswered mans yesterday I did 56 mans okay and I will literally matter of fact let's do a man right now on video to freak out the attendee the person good evening Patrick as I've been res in San Antonio over the past decade I've had the opportunity to connect with some very successful individuals both politically and leaders some business can you give me five questions that you would ask I'm going to come to you to give a question key individuals as you strengthening your business and connections with them I only have a few moments to visit them so then he is paying 240 for this video talent's going to make 80% man keeps 20 so five questions you would ask these people to build a different relationship I'm going to go here boom so Justin you got lucky because right now I'm doing a live podcast Graham Stefan okay we got we got our friends here that we're doing a podcast they're very good interviewers this is our third time we're doing it with them five question Graham what would you say if you're building a relationship with new business owners what questions would you ask them if you're trying to network with them go I always like knowing what what your biggest regret is because you could usually think of one really quickly that stands out and I think that tells you a lot about the person what they would change if anything there you go uh for me the more you're interested in them in instead of trying to be interesting sometimes like I had a guidea that he comes to want a 30-minute meeting with me 29 minutes he's talking about himself walked away he got nothing I don't mind that because I'm interested so I want to hear you but if you go like Sam Walton I'll give you a story many years ago uh found out about a market uh in Brazil and these guys wanted to come to him to see what he was doing with Walmart they flew out he picked them up in a truck they spent an entire day with them the entire day when the interview was when the time was done with these guys they said so what' you learn from Sam Walton he says all Sam did for eight hours is ask us questions quite frankly I know nothing about what they're doing interested not interesting in that long ways you'll not only learn a lot but they'll like the fact that you're interested in them anyways God bless buddy take care bye-bye so this video is gone I'll use this video if he makes it public for other people to see it I'll give him a 10% discount submit it gone 240 bucks man this thing is grown in our first year when we came out with this app man we did 28 completed mans four years ago second year year we did 255 third year we did 2550 this year we're at 36,000 completed manx in 2024 and we have a whole engineering team with this that's growing the downloads all the stuff that's going on man is going to be a combination of dual lingo which I'm sure you're familiar with dual lingo GLG Cameo LinkedIn and WhatsApp all of those features we're working out right now with the engineers we've hired so you got the consulting firm you got man we got BT news. you got pbd podcast and a few other businesses that we're running all that valuation right now you can put it between 3 to 400 million all those business and where are you investing personally in whatever I'm operating of course I have what I've set up for my family certain funds I'm looking at where uh I'm not picking stocks I have a couple million in Bitcoin not a lot um I have a half a million to million I think something like that in ethereum again not a lot I have1 to5 million in collectible cards and then I got the money in the Yankees I own uh around $50 million in commercial real estate $60 million in commercial real estate our house has a lot of equity and it's a $40 million property and then I still am one of the biggest shareholders Class A shares in the insurance company that bought us I have a lot of shares in that and in everything that I'm operating and throughout my career I've made some good Investments that have done pretty well for us what's your favorite baseball card you have favorite baseball card okay so I mean 1933 B brute gy PSA 8 love that card uh Ted Williams rookie card Joe dagio rookie card uh a Patrick momes one of one that's probably a $2 million card it's a sick card I have a Zion Williamson card that you'll hear about when I sell it it's going to be a big card and I'm talking like seven figure plus type of a card well you know about the offer I made on the Mickey mle PSA 10 do you know about that or no but that that's crazy I made a there's three of them in the world and I made a $19 million offer to buy that card and they turned me down yeah which which Mickey Manel is it is the Mickey Manel 1952 tops PSA 10 I made a $19 million offer who owns it one guy that owns it owns the Diamond Backs another guy that owns it bought that car for $125,000 in1 1995 four and another guy that owns it as a big card investor in the game yeah trust me I know where would you how how would you have frame that like the Mona Lisa like bullet glass like 10 layers I would love to have the card I'm not overpaying for the card I'll pay I'll overpay a little bit on the market because you got to do that for a card like that but not the number they asking me but if I did buy it I'm never going to sell that that's something that's going to be in the family for God knows how many years no that's a Mickey M PSA 10 PSA 10 is crazy talking about like the holy gril of cards so I'm curious where do you see the next big opportunities over the next 5 to 10 years and if you were starting over today with nothing and your goal was to get a million dollars what would you do uh what is my so that that question is loaded because I don't know my skill set so one I'm going to assess you based on Star are you an organized person are you a technical person are you a competitive action oriented person are you a relationship person so those are your strengths now let's go to the other side are you a math person you know where you're super super data are you a person that is you know kind of quiet to yourself that you're willing to sit there and learn how to code and do all that other stuff and you're just enamored by building video games and undoing computers and build them back up it's a different skill set are you my youngest son is so com if he came here he would talk to you like he's just a regular guy he would talk to like you guys are boys he's super comfortable talking to anybody I mean you know he's saw Trump talks to him he saw Tom Brady hey throw me the ball I want to play catch with he saw Kobe talk to Kobe for 50 minutes he's just not intimidated by anybody especially with all these figures that he's met over his lifetime he's a natural sales guy he can go sell he's going to do very good he's going to be selling merch next week at our uh election night he's going to be one of the merch sales people 11 years old so I have to know what your strengths are for me I learned very early on I love math and numbers I love people and I'm very curious that is a perfect quality for a financial adviser so it's very easy to profile to kind of say this is what you're going to do get in but if I see somebody that hates numbers doesn't like to talk to people and it's not that curious and you just want to kind of sit there and code and do something I can't give you the same thing what I will tell you that's Evergreen for everybody no matter what it is if you want to be a coder if you want to be a salesperson if you want to be anything if you can find five killers that you can go work for and Sh if you want be a great podcaster how much would you benefit from working for Rogan for a year what do you think how much would you benefit from working with Jamie the the value is on who you work for a year two years to learn Market's going to pay you what the Market's going to pay you but if you want to say million uh to me easiest way to do the sales I'm going to ask you a few questions that uh I guarantee you've never been asked before let's hear it these are very interesting these are hypotheticals okay the first one is called the employee who cheats okay you discovered that a high performing employee is cheating the company but is bringing in significant profits if you fire them the company might suffer do you report it or keep it quiet what kind of cheating is it let's do the example of an employee who's stealing money okay so let me give you a couple stories one time I had one of my one of my guys that was working for me many many years ago and they were reporting some things in ways that I did not approve to make things look better for them I had a very direct conversation with them sat him down told them you don't need to do this to impress me if you ever do this again this is the last chance you're getting you're getting fired if you do this ever again it was innocent it was not illegal it was innocent I said you can't do it never happened again we had another person that was this one's an awkward one because it was our neighbor who used to go to Bible study with this person that person's daughter they said can you please give this person a job we did this person came and work for us and they wanted to get paid in checks it was the only employ I'm like why do you want to get paid in checks I don't want to get direct deposit I don't want to checks I'm like okay whatever pay checks so they're with us for three months front desk clerk three months later I get a report Chase calls me saying hey fraud uh fraudulent activity going on with such and such employee you have an employee that's uh done XYZ from you they've taken the same check and reprinted it have gone in and have taken $3,500 from you and this was in California here's where we're going with them whether you decide to claim charges or not we're going after them and they're probably going to go to jail okay we're just informing you of this I said you got to be kidding me no I made the phone call to the mother and I said I got some bad news for you and you need to hear it from me before it happens to you what's that we're firing your daughter your daughter stole $3,500 from us whatever 3235 $500 from us and we got call from the bank the bank reported it that it's fraud she's going to go to jail for fraud and she's fired I'm sorry to have to give this news to you because we're neighbors but this is what's happening the mother and The Stepfather are in tears crying because the person she was with had done this before and they were hoping that now she was a going to church that came started working for us this habit was going to stop we fired him on the spot no hesitation okay um the other thing I will tell you is sometimes you need to do better job putting controls in place so your kids don't do anything that gets them in trouble sometimes we make it easy for employees to do things that they get in trouble so I used to bring in forensics guys and I still do till today and nobody knows I hire forensics guys to come and audit the company cards that you have you bought two books on Amazon that wasn't for me you bought it for yourself the forensics guys will identify all of that takes two weeks you spend a couple $1,000 but they're going to identify who exactly is doing fraud and who's not and unfortunately when you do that guess what you have to be ready for they got to have a few calls to fire them and typically the way it happens to say face you go to them and you say this is you this was not for us or the company who did you buy this for and within seconds they break you need to resign today you're out we wish you nothing but the best God bless you can't do that here ever again you need to move on insurance we had a guy one time Insurance um him and his wife um he was in Florida she was in North Carolina she was the licensed person he went and sold an insurance policy in North Carolina to a client and he was not the licensed person she was and he was great very good communicator was making $120,000 with us one client called us and told us that she the client had never met her I'm like wait what I've never she's a licensed person yes he's not yes you've never met her no you're serious yeah got it hey guys emergency meeting how many policies has this person sell 54 call every client and find out who sold to this client and see if they've ever met her out of all the clients 50% had never met the writing agent who was licensed it was all him we called them got on the call they lied he was the liar he was very bold liar he was a great liar then at the end of the call we showed because we wanted to give him a chance to see if he was going to be honest about it or not nope we terminated them reported them to the Department of Insurance that can never sawell life insurance for 10 years whatever the timeline was we've been in this compliant space of people trying to steal money from us for a long time and it's always nasty because it's a stupid mistake people making thinking they're going to get get away nowadays there's plenty of technology to catch people you mentioned the importance of showing vulnerability to come off as relatable in terms of trump when is it okay to show emotion as a man and when is the last time you cried if you ask my wife you can man her by the way Jennifer bed David is on man here's her QR code babe I just give you a shout out if you just click on this QR code what you can do you say relationship expert what kind of topics you know a lot of people are better off asking my wife questions to see what it's like no but specifically like people want to know what ask my wife she'll tell you a different thing but my wife's probably going to tell you she's not seen me cry many times uh one time she saw me cry and it was very weird how uh this one friend really I was hurt one night when he died Jim page Rick I loved Jim I loved Jim a lot and he was a part of a biker gang many years ago and him and I used to travel together and we would share rooms together when I found out he died I went to his funeral I didn't cry but two months later in the middle of the night at midnight for 15 minutes I just had to step away I'm like what the hell you going through I really miss my friend Jim Patrick and I love Jim that really uh um hurt me a lot but if you tell me the most recent time was Lewis house when he asked me the question about what if you lost it all and it was God I don't even know what happened that day I didn't have anything weird that happened to me that day but he asked me that question I'm like whoa what was this all about because I I am a very very lucky man for the life I'm living today I'm super grateful for where I'm at for the responsibilities I have for my family for Living in America for the industry I'm a part of for the fact that I build a business that people like working with me and the fact that we we've been able to compete and do certain big things in life I'm I'm very grateful for that so I would say the last time I cried was the lose house interview when he ask me about gun but I'm not a a big crier when it comes out to really has to be something that really gets me to break that's fair uh one last one because we know you have to go it's a bit of a controversial question that's going on social media if you rank importance of your mom daughter and wife in order who comes first you know that's a cultural question because the question used to be if you're on a boat and it's your mom your daughter your wife you can only save two who do you throw off the boat that's a that's a fny I've never heard this oh yeah yeah that's that's a question that we used to debate 20 years ago and you would hear Hispanics most often would save the mom's life because it's who that means the most to them Americans choose wife I'm going to save my wife cuz my mom's already lived her life and my wife and I we can have more kids and you know you can give the trick answer to say I'll jump off off with my mom and I'll try to swim you trying you can't get creative but you're trying to Corner somebody to make the answer to the question it's purely a cultural question to answer and uh to me the kid hasn't lived their life yet that kid's got to have an opportunity for life and the rest of us have lived life already I want this kid to experience life if I've Liv 46 that's 46 more years than my kid has lived go ahead and give that kid the opportunity to live the life I'm okay I'm by the way today I'm 46 years old I have lived the life of a 100 average men combined not in an arrogant way also the nasty side the ugly side the tough side I've lived an incredible life if today I'm gone you have no idea there's no complaining I'd like 50 more years but if he says no it's done dude let's roll I'll go upstairs and play back gaming whoever is there and I'll go clean some clouds and chill out and what job you have for me up here I don't know if there's podcasting in heaven if there is I'm sure I'll do a podcast I don't know if I'm selling Insurance because you don't have any need for life insurance you're already theread right so it's going to be confusing what I'm going to be selling but uh yeah it's a cultural question you're asking and that's my answer to that question love it thank you so much we'll do this again next year yes it's a tradition now you guys are growing you guys are doing phenomenal thank you appr we'll link Man Down Below in the description I kind of want to join man that sounds kind of fun I like talking about podcast Grand my Jo man I am on man by the way you're on man as an expert or as a user I think I think he an expert I signed up a year ago but we'll get you guys sit you in and I'll get your feature amazing thank you again so much for coming on the show next time