China vs Trump: 90-Day Tariff Pause TRIGGERS Retaliation w/ Benny Johnson | PBD Podcast | Ep. 575

Political commentator Benny Johnson joins Patrick Bet-David, Tom Ellsworth, Vincent Oshana, and Adam Sosnick to discuss Trump’s pause on tariffs and proposed 125% tariffs on China, Kevin O’Leary’s bold call for 400% tariffs, Jamie Dimon’s latest U. S. recession prediction, and Anderson Cooper trending for misgendering a civil rights attorney on air. ------ 🧢 THE LIMITED EDITION FUTURE LOOKS BRIGHT HAT: https://bit.ly/4joyOab 👕 GET THE LATEST VT MERCH: ⁠https://bit.ly/3BZbD6l⁠ https://bit.ly/3BZbD6l 📕 PBD'S BOOK "THE ACADEMY": ⁠https://bit.ly/41rtEV4⁠ https://bit.ly/41rtEV4 📰 VTNEWS. AI: ⁠⁠⁠⁠https://bit.ly/3OExClZ⁠ https://bit.ly/3OExClZ 🎙️ FOLLOW THE PODCAST ON SPOTIFY: ⁠⁠⁠https://bit.ly/4g57zR2⁠ https://bit.ly/4g57zR2 🎙️ FOLLOW THE PODCAST ON ITUNES: ⁠⁠⁠https://bit.ly/4g1bXAh⁠ https://bit.ly/4g1bXAh 🎙️ FOLLOW THE PODCAST ON ALL PLATFORMS: ⁠https://bit.ly/4eXQl6A⁠ https://bit.ly/4eXQl6A 📱 CONNECT ON MINNECT: ⁠⁠⁠https://bit.ly/4ikyEkC⁠ https://bit.ly/4ikyEkC 👔 BET-DAVID CONSULTING: ⁠⁠⁠https://bit.ly/3ZjWhB7⁠ https://bit.ly/3ZjWhB7 🎓 VALUETAINMENT UNIVERSITY: ⁠⁠⁠https://bit.ly/3BfA5Qw⁠ https://bit.ly/3BfA5Qw 📺 JOIN THE CHANNEL: ⁠⁠⁠⁠https://bit.ly/4g5C6Or⁠ https://bit.ly/4g5C6Or 💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! ABOUT US:Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Speaker 00

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• 0:30Speaker 01

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• 1:09Speaker 02

  Adam, what's your point? The future looks bright. My handshake is better than anything I ever signed, right here. You are a one-of-one? My son's right there. I don't think I've ever said this before.

• 1:26Patrick Bet-David?

  OK, so Home Team, episode 575, with the one and only Benny Johnson in the house.

• 1:33Speaker 04

  Benny?

• 1:33Patrick Bet-David?

  What's going on, guys? All right, so by the way, Benny, we just want to make sure, I know sometimes people are recording stuff like this, Benny jumped the fence to come here today.

• 1:42Speaker 04

  Yes, he did.

• 1:42Patrick Bet-David?

  Like, literally.

• 1:43Speaker 04

  I did.

• 1:43Patrick Bet-David?

  He jumped the fence, he landed on a plane, and then didn't want to wait till the airport opened the doors. He jumped the fence, came in, but he did it legally.

• 1:50Speaker 04

  Yeah, but security came and was like, "Do you know the..." We're like, "Yo no se, Benny." And he just, yeah.

• 1:55Patrick Bet-David?

  I'm home and baby tapping.

• 1:56Adam Sosnick?

  And actually, he was in a plane. On a plane would have been even more spectacular.

• 2:00Patrick Bet-David?

  Yes.

• 2:01Speaker 06

  I'm gonna learn. I mean, I'm gonna learn. I think I want the deportation experience. You know, I want, you can get a free trip to Venezuela. You can get a free trip to El Salvador.

• 2:10Patrick Bet-David?

  Yeah.

• 2:10Speaker 06

  This is a very cheap way to take a vacation.

• 2:12Patrick Bet-David?

  That's four months ago. You would have had it. Now, there's this guy that doesn't like that kind of stuff. He doesn't want to send you to, you know, he's not, so we're gonna see what's gonna happen, but everybody said they were impressed by the way you jumped the fence, and they said it didn't look like it was your first. So whatever that is, I mean, maybe there's a history to it, but uh...

• 2:28Speaker 06

  I just want to say, and I came all the way here to say this, uh, that I am thankful that I'm not wearing my Ron DeSantis Ferragamos today.

• 2:35Patrick Bet-David?

  Yeah.

• 2:35Speaker 06

  That is my favorite PBD moment.

• 2:37Patrick Bet-David?

  Yeah.

• 2:37Speaker 06

  I, I, if I want some motivation in the morning, I watch it. And I think, okay, if PBD offered me a pair of Ferragamos, what would I do? I'm wearing New Balances today. But what, what happened there was so viral and so special, and the heels, did we ever get to the bottom of that? Are there heels in the boots? Do we know? Do we have forensics of this? Did anybody ever decide?

• 3:00Patrick Bet-David?

  What do they call it? Bootgate?

• 3:02Speaker 06

  Bootgate.

• 3:02Patrick Bet-David?

  Bootgate ended up being called, it was all over the place, but all he had to do was either receive it or have some fun with it. That's all he had to do. All he had to do is when Jimmy Fallon said, "Hey, your hair is, uh, whatever," and he said, "Here, touch it. I gotta go to Rhode Island."

• 3:16Speaker 06

  Yeah.

• 3:17Patrick Bet-David?

  That's all, it was that kind of a moment we were hoping to have, but it didn't happen, and Rob still has the picture.

• 3:21Speaker 06

  The size of that thing.

• 3:24Patrick Bet-David?

  For what it's worth, we have to say this. This is the very important disclaimer. We came here for his policies.

• 3:32Speaker 06

  Yeah.

• 3:32Patrick Bet-David?

  And we're here because he's a phenomenal governor.

• 3:35Speaker 06

  Yes.

• 3:35Patrick Bet-David?

  I only had one issue with him. All he had to do was call Trump before he ran and gone to Mar-a-Lago.

• 3:40Speaker 06

  That's it.

• 3:41Patrick Bet-David?

  That's the only thing. If you didn't do that, it would have been a different story, but, uh, we'll see what's gonna happen. By the way, y- y- you may have his wife as a governor here soon, so it's either gonna be her or Byron Donalds, so this may be like a DeSantis for eight more years, so brace for impact.

• 3:55Speaker 06

  What do you think about that? What, what do you think about that? Because a lot of people are like, wait a second, we don't know Casey DeSantis. We think it's nepotistic. Like, does she have the qualifications to be governor? It'd just be Ron running everything behind the scenes anyway, which I think some people would be okay with. I'm Team Byron. I like Byron.

• 4:10Patrick Bet-David?

  Right.

• 4:11Speaker 06

  I, Byron's my boy. I've worked with him before. He's been on the show all day. Like, he, he's ready to go. He's a new generation. But I understand, like, people like the DeSantis...

• 4:21Speaker 06

  Governorship and policies here. This is one of the reasons why I moved my business and family to Florida, actually.

• 4:25Patrick Bet-David?

  From, you moved here from where?

• 4:27Speaker 06

  Washington DC.

• 4:27Patrick Bet-David?

  How long ago?

• 4:28Speaker 06

  Four years ago.

• 4:29Patrick Bet-David?

  Same here, we moved from Texas to here. And we love it, so you probably love it as well on the Tampa side.

• 4:34Speaker 06

  Yes.

• 4:34Patrick Bet-David?

  Yeah. So to me, if you're asking a question about what I think.

• 4:37Speaker 06

  Yeah.

• 4:38Patrick Bet-David?

  We went to the governor's mansion in whatever.

• 4:42Speaker 06

  Probably two years ago, right before he announced.

• 4:44Patrick Bet-David?

  In a small setting with 15 people in the room. And she was so impressive. I cannot tell you how impressive she is. So as much as, you know, Ron is not comfortable, like he's not, you know, there's guys that are such great operators, but they're just not good with people. They're not comfortable there, right? That's not his MO. You're not gonna sit there and say, this is the guy that's gonna land a speech from stage and people are gonna run out wanting to run through the wall for the guy. It's not gonna happen. But he's a very good operator, very, and he's a fighter. Casey is presentable, very well spoken. Uh, similar policies to her husband, I would assume. What is she gonna campaign on? Well, there's one thing I disagree with the previous governor here in this state. I would've done this much better. That's not gonna work out, right?

• 5:29Patrick Bet-David?

  So it's literally.

• 5:31Speaker 06

  I told him the other night in the domestic and he slept in the garage. Yeah, I kicked his ass out.

• 5:35Patrick Bet-David?

  So then the other side with Byron, what I love the most, I love competition. I love competition. So the more the Byron, the Casey, I hope a handful of other people get into it. The more competition we have, the better it's gonna be, specifically on the conservative side. The biggest highlight, there's a lot of talent there. That's the, that's why the future looks bright with the state of Florida. We gotta keep it that way. Let me go through some of the stories and then we'll get right into the podcast. So, couple of things with terrorists. Lots been changing, a lot. EU came out and said, we're gonna approve new retaliatory tariffs on the US. And then this morning, they're changing their position at 7:05 AM, based on what Tom just told me right now. So there's a lot of updates with tariffs. We're gonna give you a whole timeline.

• 6:16Patrick Bet-David?

  New York Times had a great article giving the specific timeline of what's happened on off, on off, to just kind of track it for some of you guys that actually have a life and you're doing other things. You have a job, career, your kids. We'll give you the timeline so you kind of know what's going on there. Kramer shares four lessons from the Trump tariff turmoil. Let's see how good these lessons are. And then, you know, here's which grocery stores items will get more expensive because of tariffs. Canada spectacularly bended the knee to the US as Trump scores major victory over the 51st state. And then Fox host fumes about media focusing on economic pain of Trump's tariffs. It's mind boggling. I'm not surprised, but we'll talk about it. Trump declares he would absolutely bomb Iran if it refuses to

• 7:00Patrick Bet-David?

  give up its bid for nuclear weapons. Dow goes up 2,900 yesterday. I think it was the third largest day in the history of the market for the Dow. And S and P Post, the biggest gain since 08. For some of you guys that follow sports, something happened. This coach named Michael Malone, who's actually a pretty good coach, won the championship. All of a sudden gets fired. Some are saying it was Westbrook's fault. Some are saying it was, you know, a bunch of stories there. We may have some kind of story all the way at the end. We'll talk about that. Trump assassination attempt suspect Ryan Routh sought rocket launcher from Ukraine. You read a story like this. So what'd you do this weekend? I tried to buy a rocket launcher. And I went to Walmart. They didn't have it. So I went to Ukraine. They have a discount at their... Did they report it? Did they report it to the...? I don't know if they did or not.

• 7:44Patrick Bet-David?

  Florida State approves a ban on geoengineering and weather modification. Ben Shapiro says Peter Navarro should be nowhere near trade policy. CIA probed photo of Hitler in Colombia years after the war. And then on the addendum, Anderson Cooper, out of all people, folks, and Benny, you know this. This is sad. How dare he misgender someone? I almost, I almost broke the TV. I couldn't believe it. He misgendered somebody. What did he do? No, I know. The fact that he doesn't know that she wanted to be called they/them. Unbelievable. It's a big disappointment for CNN. I mean, they missed our opportunity. Can she sue them? That was their chance. You shouldn't have hired a Vanderbilt. I'm telling you, those people. Trump announces 90 day pause on reciprocal. We'll talk about that NASDAQ stores. We'll talk about Kevin

• 8:29Patrick Bet-David?

  O'Leary says 400% is what he wants. Mr. B says it's cheaper now and it'll be way cheaper to make feastables chocolates outside of the US because of Trump's tariffs. Apple is racing to fly planes of iPhones into the US before ahead of the tariffs. The stock market will go down 80% when this is over, says bearish investor Mark Spitsnagle. Good one. I screwed that one up. Yes, Chinese launches racist humiliation campaign mocking Trump's tariffs. Wall Street to cut China's growth forecast. And then there's a few other stories. Jamie Dimon says we're gonna go into recession. Larry Fink's got a few things to say. And then Panama files criminal charges against

• 9:09Patrick Bet-David?

  Chinese linked canal port owner for breach of contract. I love that story. We'll talk about that. Now, today, Rob, can you do me a favor? Go to eBay. Let me tell you how crazy our audience is. We want to have a million people wearing the future looks bright gear. So this is some of you that buy future looks bright gear and the numbered ones. And some of you that go and put it on eBay. Look at this. 400 bucks, one out of 50, 199. That's me on the left, man. Can you go to the user one? Hat number one. 10 grand. Is that one out of 250? Yes. But he got the one out of 250? That's good for him. What's the user's name? Can we see? What is the user's name?

• 9:46Speaker 04

  Rob Garjula.

• 9:49Patrick Bet-David?

  Okay, go back. Interesting. 10 grand. Go back one, Rob, to see what else is up there.

• 9:54Speaker 04

  Rob, that would've been so funny.

• 9:55Patrick Bet-David?

  Okay, go back if you can, Rob. Okay, they go lower. So that's another one number, another one, the 45, 47 number. Keep going lower. More of them numbered that are selling them. Holy moly, that's a 43 out of 50. Okay, so here's what we're doing today. This one took us a while to get, and I'll explain to you why. This is the box, value tainment. If you ordered this hat, when you open it up, the box right there, you see the future looks bright in gold. And then there's a cart in there from me to you. And this hat took a while to make for one specific reason.

• 10:32Patrick Bet-David?

  So this is a numbered out of 250, okay? And this says future looks bright and all of it is embroidered. This is not like a wing job. All of it says future looks bright all around the hat. Black sick hat that just got launched this morning. Numbered out of 250 at 99.

• 10:52Speaker 04

  Get on it.

• 10:52Patrick Bet-David?

  First come, first served. Just so you know, you know how this works. These go like hotcakes in no time. This goes. So within 30 minutes, this will be gone. But if you're one of the people that collects these numbered hats, we will not be doing this one again. Uh, specifically with this color, black and white future looks bright. Numbered out of one out of 250. Go to vtmerch.com, place your order. By the way, look at this, Vinnie. Even down here like the way it is.

• 11:17Speaker 04

  I like if I bought one right now. So somebody's going to get the number one right now.

• 11:20Patrick Bet-David?

  Someone's whoever orders.

• 11:21Speaker 04

  Someone just got it first.

• 11:22Patrick Bet-David?

  So but anyways, that'll be in the box with the box the whole night. Now, when we get the shipments with the future looks bright, you know, it's coming in this to know that it's coming strictly from us. Go to vtmerch.com, place your order. Okay. With that being said, let's get right into the stories of what's going on today with tariffs. Let me give you the timeline of what's going on with tariffs. Tom, I'm going to come to you, then Benny, I'll come to you next. All right, so timeline on tariffs. January 20th. Hours before being sworn in, Trump announced 25% tariffs on Canada and Mexico, starting February 1st. January 26th, he announced immediate 25% tariffs on all goods from Colombia, rise to 50% in a week. Uh, after Colombia turned back deportation planes, Colombia agreed to all of President's terms within hours.

• 12:07Patrick Bet-David?

  February 1st. Then Trump signed an executive order imposing 25% tariffs on nearly all goods from Canada and Mexico and 10% on China, citing fentanyl smuggling, illegal immigration. Canada and Mexico plan retaliation. China threatened countermeasures. The second, facing criticism, Trump acknowledged on social media becoming economic downside, saying, will there be some pain? Yes, maybe, maybe not. The third, he paused the tariffs on Mexico and Canada for 30 days while threatening new tariffs. On the fourth, 10% tariffs on Chinese imports took effect. China retaliated with additional tariffs on products. Seventh, he planned to broaden his trade. War with reciprocal tariffs 10th another 25% on foreign steel and aluminum reviving

• 12:47Patrick Bet-David?

  a first term policy 13th outline broad reciprocal tariffs 14th confirmed plans to unspecified tariffs on foreign cars starting April 2nd 25th executive order task on commerce Secretary Lutnik with investigating its foreign copper production this kept going going going then it went to 13th of March citing EU's plan 50% tariffs on whiskey Mr Trump proposed a 200% tariff on EU's wines 24th he said a 25% tariff effective second all exports from US counting buying Venezuela oil 26 20% tariff on all cars and car parts shipped into US including American brands 29th said he couldn't care less if car prices rose

• 13:29Patrick Bet-David?

  due to his tariffs obviously they're not telling the whole story then 31st Trump declared no exemptions for tariffs starting April 2nd 10% tariff on the second hit all nations across the board then before China's finance ministry imposed a 34% tariffs on all imports Trump planned a 34% tariffs on China and barred 11 US companies then on the 5th 45 day delay with Vietnam because they were the first to come out then Bangladesh on the 7th saw a three month reprim from US tariffs all of this is going on and in the interim EU comes out saying we're gonna have retaliatory tariffs and then this morning Tom specific to EU can you give us an update what they just did this morning

• 14:11Adam Sosnick?

  Yeah there she is now the prime ministers and the presidents in Europe they want to go out with populist anti-Trump messaging and they want to go scream and pound their fist so they send her out who's the president of the EU Commission Ursula van der Leyen and she's the mouthpiece for the economic Europe and so she comes out 7:05 today we are pausing on our retaliatory tariffs and it's because Europe was looking over at China and seeing Trump says I'll see you 75 and I'll raise you 100 and they don't want to play that poker game and so Europe has come back and said we'd like to negotiate and we're gonna pause our retaliatory tariffs she was the one also said Europe recognizes a good deal when we see it and we want a good deal.

• 14:56Adam Sosnick?

  If anybody saw her comments. So that's what's going on with her. Why is everyone so surprised? Why is everyone so surprised? Trump ran on tariffs and said two things. I'm going to get fairness back for America. There's tariffs out there that we don't know about. And I want fairness and I want to bring jobs and manufacturing back to America. I'm running on tariffs. It's the most beautiful word. So why is everybody so surprised? Why is, why is the timeline here from New York Times? Why is this timeline? Because it's a negotiation. Negotiations go back and forth, back and forth. Want to learn about negotiation? Come to the vault, you know? Come see us. PBD talks about negotiation. Negotiation is not, hi, how you doing? How about six? Yeah, okay, all right, bye. That's not how negotiation works. It goes back and forth.

• 15:39Adam Sosnick?

  On our international stage, people are playing to their home audience, playing to their parliaments, playing to a lot of things, and it goes back and forth.

• 15:46Patrick Bet-David?

  Is this the tweet, Rob?

• 15:48Speaker 01

  Yes, this came out at 2:19 AM our time this morning.

• 15:52Patrick Bet-David?

  Oh, so that would be, so that's, that's, I welcome President Trump's announcement to pause reciprocal tariffs. It's an important step. Clear predictable conditions are essential in trade supply chains. Tariffs are taxes that only hurt business and consumers. That's why I've consistently advocated for zero for zero tariff agreement. That's good. EU remains committed to its conservation. Because at the same time, Europe continues to focus on diversified trade policy, engaging with countries that account for 87% of our global trades. You know what she's saying? We're not, what does 87 mean? That means US is 13. That's what she's saying there. So global trade and insurance commitment to open exchange goods. Finally, we are stepping our work for little berries of entrepreneurs. This crisis has made one thing clear. In times of uncertainty, the single market is our anchor of stability and resilience.

• 16:34Patrick Bet-David?

  My team and I will continue to work day and night to protect European consumers, workers, and businesses. Together, Europeans will emerge stronger from this crisis. Benny, thoughts?

• 16:44Speaker 06

  So if she says zero for zero tariffs, why do they have a 30% tariff on American vehicles? Why is it that you can go to Europe, which I'm sure everybody has done here? Had you ever seen a Ford truck in Europe? Zero. Have you seen a single American car in Europe? Nope. Have you ever seen a dealership in Europe for Chevy? No. GMC, that doesn't exist. So she's lying. Also, she puts out the tweet at 2:00 a.m., which is absurd, and nobody's gonna see that. Like, learn the time zones. If you're speaking to Trump, which is what this is all about, and saying, yes, we we agree that you're in control and you're in control of the entire global economy, and we're going to try and do everything that we possibly can to keep access to the American market, because the only innovation that Europe has brought has been, in the

• 17:26Speaker 06

  last 30 years, has been a little piece of plastic that keeps the tab on your water bottles. Have you guys seen that? That's the single European innovation. While every AI company is here and every single innovative company on planet Earth, well, we're able to catch spaceships with chopsticks. Europe has added a piece of plastic that stabs you in the eye every time you try and drink out of their stupid water bottles. But they patented whining. By the way, you got me. This sounds like a patent of a wine. This is why people like Trump. People like Trump because he's dad, all right? Our home, I look at it as a metaphor of a house. Our proverbial house where we live, our country, has not only been a house that has been abused by all of our neighbors, they literally walk onto our property and steal from us.

• 18:08Speaker 06

  They take our doorknobs, they take our light bulbs, they actually take things from our home. Our children live here. We have a horrible deal with the bank, we're horribly in debt on our house, we need somebody to renegotiate for us, and more importantly, we need somebody to sit in a rocking chair with a shotgun outside to say, you're not going to be stealing from our home anymore, daddy's home. And that's what Donald Trump is, and that's what these tariffs are. He's sitting there with a polished 12-gauge out front with a cigarette or a Zin in or whatever, you know, an Alpin, and he's saying, you're not going to steal from us any longer. And if you do, there's gonna be horrible consequences. He's resetting the neighborhood. And that's what's happening here. Europe has taken total advantage of us. There's a great chart, I don't have it on hand, but there's a great chart about the val-

• 18:53Speaker 06

  Value of companies that were created in Europe over the last 70 years versus the value of American companies. That were startups and there is zero innovation. Europe has to depend on the American economy. They are dependent on us for their military, for their economics, for their innovation. And quite frankly, for the social welfare programs that they love to invest in. And Donald Trump is simply saying, there it is. Perfect. Ah, that's awesome. Look at that. Look at how humiliating. So that's leverage? PBD, Pat, PBD, is that in business? Who has the leverage here?

• 19:26Patrick Bet-David?

  Yeah, so that's public from scratch, US and EU companies, less than 50 year old with $10 billion market cap. We do, right? Obviously, it's not even close there. So what I did when you said this, because you got me thinking, I lived in Germany for two years and I wanted to know, was there any US cars? Rob, can you actually search how many dealerships are there? Like just type in in chat GPT, how many Ford dealerships are there in Europe? I'm actually really curious because you got me thinking now. I've never even looked at this data before. How many Ford dealerships are in Europe?

• 20:00Patrick Bet-David?

  Ba ba ba ba ba. Let's see this number here, Benny.

• 20:06Patrick Bet-David?

  Okay, so they got 3100 dealerships in Europe. 2020, it was a foreign, it was a, okay, so then here's what I would want to know because to me, as much as EU is uh, something we're looking at, I want to know uh, my number one person in this whole thing taking place is not EU. Because EU allows social media communication. EU allows our stuff to be there. China's my number one. Can you type in, Rob, how many Ford vehicles were sold in Europe? How many Ford vehicles were sold in Europe? Okay, so let's see if EU is the enemy or not, because I think China's on that list. Let's see this one here.

• 20:47Patrick Bet-David?

  So Ford sold roughly 426,000 units reflecting 17% decline in 2023. The decrease reduced for market share in 3.3. Decline is due to discontinuation of popular models like the Fiesta and Focus. Okay, so now go, let's go look at how many BMWs Europe sells in the US. How many BMWs Europe sells in the US? Okay.

• 21:10Adam Sosnick?

  Good one.

• 21:11Patrick Bet-David?

  So if we see this now, because it validates how great of a customer we are. Uh, so go to, there you go, 371,000 they sell in the US, making a 2.5% increase.

• 21:24Adam Sosnick?

  About Mercedes.

• 21:25Patrick Bet-David?

  Those are the models, let's type in Mercedes as well. Volkswagen. Okay, type in the same exact question Mercedes. Yeah, let's see Mercedes. Um, and then, let's look at this here. Let's look at this in 2023, okay, so about the same exact number, 374,000 is what they sold. Okay, what is a total population in EU? Total population in EU? Tom, do you have an idea?

• 21:54Adam Sosnick?

  I thought we were about, so we're 350 and depending on where you draw the line when you get to Poland and Ukraine.

• 22:01Patrick Bet-David?

  So they got 100 million more.

• 22:02Adam Sosnick?

  C449, yeah.

• 22:03Patrick Bet-David?

  So they got 100 million more. So for 100 million more, with what, what we're selling to them, what they're selling to us, the products that they have. Um, I, I don't, I don't know if, to me, everything that they're doing right now, this is gonna sound very weird. Out of all these tariffs that he's doing, he's putting down, it's really... Sometimes, unfortunately, you, you, you have a team of 100 sales guys. And you have one guy, that's the guy that's the biggest pain in the butt for the company to advance. But sometimes you shake things up in a company. With a policy to wake this one person up and then for everybody to get aligned on the same

• 22:45Patrick Bet-David?

  page and for that person to come in, say, you know what, I agree with what you're saying. I think this one person is who? It's China. Okay, you understand what I'm saying? So the whole, China's the one here. They're doing all of this stuff strictly for China. Don't you think, Tom? Like, all of this stuff is purely for one enemy.

• 23:01Adam Sosnick?

  Absolutely. If you want to talk about cars, EU got caught with its pants down because it was kissing up and being nice to BYD because that's a Chinese EV. And guess what they found out? That they were put, that they're putting a factory in Hungary and they were hyper-subsidizing it and getting ready to destroy Renault and Nissan, which are partners, in EU with the pricing of their EVs. So EU suddenly is now investigating BYD for basically hyper-subsidizing it and all of this goodness for China they're doing, it's biting them. It's absolutely biting them. You can look it up. There you got this, um, BYD, Hungary, and then EU investigation. This is significant.

• 23:46Adam Sosnick?

  And they're like, wait, what? What are you doing? Yeah, it happened right under your nose. You're so correct. This is all about China and what they're doing everywhere. And Europe let them in the door, wasn't tough with them the way we're being now, and now look, see, they get stabbed right in the back.

• 24:00Patrick Bet-David?

  So then Trump comes out, says 84% tariffs. I'm sorry, China says 84% tariffs on US goods. Then Trump comes back and says 125% tariffs on US goods. And a 90-day break on tariff negotiation for the 75-some countries that were, you know, working and willing and wanting to do stuff.

• 24:21Adam Sosnick?

  Made a phone call, said, we'll talk.

• 24:23Patrick Bet-David?

  That's right, we'll talk. Is this it, Rob? This is Caroline Levitt announcing that yesterday. Go for it, play this clip.

• 24:28Speaker 07

  ... tariff on China, the tariff on China will now go up to 125% because China imprudently decided to retaliate against the United States. And as I said at the podium yesterday, when you punch at the United States of America, President Trump is going to punch back harder. In that same vein, we have had more than 75 countries from around the world reach out to President Trump. And... and his team here at the White House to negotiate better trade deals for the American worker. We have been overwhelmed with the amount of requests from countries around the world. I'll let the secretary speak to that. We will continue with the tailor-made negotiations that I spoke about yesterday. In the meantime, there will be a 90-day pause on the reciprocal tariffs as these negotiations are ongoing, and the tariff level will be brought down to a universal 10% tariff.

• 25:13Speaker 07

  The secretary here has been a huge part of the president's trade team, of course, and will continue to lead these negotiations, moving forward to look out for the American worker, which is always President Trump's goal. So I'll kick it over to our great Treasury Secretary, Scott Bessin.

• 25:26Patrick Bet-David?

  Okay, so that announcement alone, Rob, caused the market to go up 2,900 yesterday. If you look at the stock market right now, it's down 935 is where Dow is right now. If you look at the Dow right now, it's 935. Adam, where are you at with this? With the announcement yesterday that they put a pause and then today markets Dow down, Dow, down a thou, specifically the Dow, what are your thoughts on this?

• 25:54Adam Sosnick?

  Am I the only one that is so confused of what's even going on right now? Everyone, like, I'm in group text messages with my friends. One does business in China, he's freaking out. Another one's a financial advisor. Another one's a MAGA extremist. And I'm just watching the chaos ensue, and nobody knows what's going on. I was watching The Office recently. Do you remember that? You guys watch The Office? Yeah. So, do you remember, like, one of the most famous episodes was the fire alarm episode? Yes, that's good. Okay? So Dwight Schrute, like, casually starts a fire. Michael Scott, who's basically Trump of The Office, just, "Yeah, fire!" And just, "Okay, it's happening! Everyone for themselves! Everyone's freaking out!"

• 26:38Adam Sosnick?

  A lady tries to go through the roof, throws her cat through the roof. Fat guy takes a chair, throws it to the vending machine, he's stealing all the food. The black guy just literally faints, almost dies. All this chaos, smoke, craziness, everyone, then he, all of a sudden Dwight blows the fire alarm, goes, "Yeah! Just kidding, guys. This was all just a test." This was all a test to see how everyone reacts. And that's what I feel is going on right now. Trump threw all this chaos to the marketplace. And then yesterday, after the market's getting pummeled, pummeled, pummeled, pulls the alarm, alright, no reciprocal tariffs, everything's off. All a test, 10% across the board.

• 27:19Adam Sosnick?

  Market comes back and has its best day in decades possibly ever. And I'm just looking, I'm like, what kind of chaos candidate is happening? I feel like I'm living in the office right now. So anyone out there who can basically say, oh, I know exactly what's going on right now. Nobody knows. Nobody knows. Trump. What are the chances that Trump actually planned on basically like, nah, my bad, reverse the tariffs? Do you think that was his plan all along? I'm trying to keep up. I feel like we're all trying to keep up. What I do know is this. Something needed to be done about China. Something needed to be done. So to sit back and just take it on the chin, they're stealing our stuff, all RIP, they're not playing by the rules. You're seeing these clips come out.

• 28:04Adam Sosnick?

  This is like, video never lies. Chuck Schumer is giving speeches, we gotta deal with China 20 years ago. All of a sudden, he's reverse course on that. So everything's kind of playing out. Chaos is ensuing, as Pat always says, brace for impact. Stack cash in the meantime.

• 28:20Speaker 04

  I'm not in the finance world, tariff, terrorists. I don't know what, listen, all I know is it's been less than, how many months has Trump been in? Two months?

• 28:29Adam Sosnick?

  Been three months.

• 28:29Speaker 04

  Almost three months? Let him cook, let him do what the hell he's gonna do. It drives me crazy to people that act like they know what's going on. People, like one of my friends was like, dude, did you hear about the, what the hell did you do? Reciprocal, I go, bro, you have no idea what that word even means. You live with your mother. Shut the hell up. Let, I'm being dead serious. Let him do what he's gonna do. Then I've said this analogy before, the country has had a dislocated shoulder. Trump came in, pulled his shoulder back. Everybody relax. It's gonna be sore for a little while. It's gonna be a little up and down, but Pat, you made a great point. It's China. At the end of the day, I might be again to the list of all the crap that they've been doing, stealing, COVID, you name it. That's the enemy. He knows who it is. And this time he has the ammunition, he doesn't have Russia collusion or all this crap happening behind him.

• 29:14Speaker 04

  He's focused, he knows what he's doing. People need to relax and just let his ass cook.

• 29:18Adam Sosnick?

  Let me just respond with one thing.

• 29:22Adam Sosnick?

  For those of us that are out there just rooting against Trump and rooting against the tariffs, you're not being patriotic. You're actually just against American workers and American companies and generally America. Like you're not, if you're like, "I want this to fail," you're not exactly very patriotic. The same time, if you're just sort of blindly following Trump, he can do no wrong, don't question anything, you're also kind of not patriotic. You're just drinking the Kool-Aid. So I think it's totally fair to criticize, to critique, but also root for victory here. Because again, there's chaos ensuing right now. I don't know, I mean, Pat, I would love to hear

• 30:02Adam Sosnick?

  what you have to say. Is there an actual plan here? Because the plan just kind of keeps shifting. I think the general idea of what he's doing makes sense, but the actual implementation is causing chaos in the marketplace.

• 30:15Patrick Bet-David?

  I think you're looking at it in a very different way. Let me, let me give you my perspective. So Kramer actually has got an interesting point here. CNBC, "Four Lessons He's Sharing From Trump's Turmoil." "Nobody ever made a dime, Panikin. Bulls make money, bears make money, pigs get slaughtered. The President Likes Drama. You Won't Get Certainty. And Don't Bet Against Good Companies." Let's go to number three. How many years of watching Trump do we have so far?

• 30:48Speaker 06

  Deca- fifty?

• 30:49Patrick Bet-David?

  Fifty years of watching Trump.

• 30:50Speaker 06

  Fifty?

• 30:51Patrick Bet-David?

  What, what do we know about his resume?

• 30:53Speaker 06

  So, this would be my point to all this. This would be my point to all this, like, "It's chaos. We didn't know. Oh my God, fire drill." Uh, you haven't been paying attention, because Dwight's been trying to set the fire for fifty years. Dwight's been sitting there with a cigarette, because he lights it with a cigarette. He's been sitting there for fifty years lighting that cigarette, putting it in the trash. Donald, you can go back to the seventies. Donald Trump's sitting there in his earliest interviews. The guy's maybe twenty, the late twenties? And he's sitting there and he's going, "These companies, they're ripping us off. It's terrible and we gotta do something about it and we should put up tariffs and they're just, they're abusing us." We played clip after clip after clip, you can find so many of them. One's a great one with Roger Ailes, so the one of the first Fox News interviews was Donald Trump and Roger Ailes and they're sitting here in this like golf course and Trump's just going off in 1995. Damn.

• 31:38Speaker 06

  And he's just going off on Japan at the time because China wasn't in the World Trade Organization. But it was Japan at the time, they're ripping us off and he's talking about Japanese vehicles. And saying, "Why are we so weak? Why are we such pussies? And why can't we tariff Japanese vehicles back?" And all you have to do is then reapply that to China entering the World Trade Organization that has rules. There's rules. We let them into the WTO. They've never followed the rules. They've only ever stolen IPs. If you have buddies that do business in China, every one of them will tell you that the number one thing that will happen if you bring an innovation to China and manufacture it there is a hundred different version of your product will pop up on Temu and Amazon the next day. They'll steal it, they'll rip you off and you have no grounds in Chinese courts to file for patents.

• 32:23Speaker 06

  You're screwed. You're completely F'd as an American innovator. They are thieves. They're a technocracy that the World Economic Forum has created as the new superstate to take down Western civilization. They are an absolute abomination and they're a total and complete dictatorship closed society. So, what's the actual, what's the actual end goal here? I think the destruction of globalism. China is the model superstate for what they wanted to bring to the rest of the world. China was the laboratory, they cooked in that laboratory to bring a technocracy, dictatorship, single-party rule where all of us are slaves. Every one of us is slaves. Western civilization is gone, religion is gone, free market's gone and we have this new overlords.

• 33:08Speaker 06

  It's exporting slavery to the rest of the world and China was the first laboratory. They needed it to work so they could bring that model out. And you've seen that model actually start popping up little places. And Trump is slamming that model's head against the locker.

• 33:25Speaker 06

  Putting it down. And that's, I think, what is actually happening here. The destruction of the horrific future they had planned for all of us. The COVID-level lockdowns, all of us living in these little pods and boxes and eating the bugs. That's what they had planned. China's it, and they want to destroy that right now. Final thing I'll say to your allegory of the office. Let's say you had a business and you were able to actually see who was betting against the business. You have a bunch of employees. There are 187 countries in the world. You have 187 employees, and you're able to actually open up the trades and see who's shorting your company, your publicly traded company. You're able to open up the trades, and they're not anonymous, and see who's betting on the company. What employees are taking like the 5, 10 bucks they have a month and like betting that your

• 34:10Speaker 06

  company will succeed and like putting that in, driving that into the stock and driving that equity into your security. And which employees are saying, "I'm gonna screw this company over. I'm gonna make a fortune with this when this company goes down." And they're working inside your company. That's the World Trade Organization. China's that employee. They're betting against us, who run, who, who run the global economy. And Trump turned the lights on. Trump was able to reveal who was shorting the American market, and it was China, and he caught them dead to rights with their dick in their hands.

• 34:40Adam Sosnick?

  I love what you just said. The day before yesterday on podcast, I talked about the young Nancy Pelosi and her big chart on China, and she went down like seven points. You know what I'm talking about? Yeah, and she's in like, I think, a green dress. She looks quite young. And they're saying, "What's up? You're a hypocrite." She's not a hypocrite. At that moment, she was not bought into the globalist agenda. And when she bought into the globalist agenda, she bought into China. And when she bought into China, she bought into defending China in the name of the globalist agenda. And that's when she became not a Democrat of the, of history, supporting unions, you know, public school teachers and all of that, where she started. That's when she changed, and she became actually not pro-America, pro-globalist,

• 35:24Adam Sosnick?

  and supporting the militarized weaponry. And I love the way that you just described this as, as the working lab and the test. It was their atomic bomb. That was being built over there to detonate and destroy Western civilization. And now you see what happened to Nancy Pelosi. She's hypocrite. She's not a hypocrite. She changed her mind and selected a globalist future. It's the same thing that, you know, people who come to grips with their alcoholism say, you know, you know, I've now, you know, rekindled the Judaism, Christianity, Catholicism of my youth and my family, and this faith is going to help get me through my alcoholism. She had a religious conversion to globalism. That's what happened. I don't think it's hypocrisy. I think it's exactly what you're talking about.

• 36:09Patrick Bet-David?

  By the way, Rob, if you have, so that was an incredible point that you made, Benny. To me, it's very simple. First, you have to look at a few things, the knowns. There's a knowns and the unknowns. Anytime you're trying to make a big decision, you have to know whatever problem you're trying to solve. He explains something about no one who's shorting your company. One day, I'm looking at every week, I'm giving 200 appointments away to my insurance agents. I'll never forget this, Tom, you'll love this story. Every week, on Tuesday night and Monday night, I'm giving appointments away. And my guys are going and writing the business, and I'm trying to find out why some are writing, why some are not writing. I asked one of my guys, can you run a ratio of how many appointments I've given to these people and who's closed?

• 36:51Patrick Bet-David?

  He gives me the ratio. One of my guys, I had given 40 appointments to, this many closes. So then I'm like, how is this person not closing? This person's a very good communicator. This person's solid at what they do, but how are they not selling anybody? That doesn't make any sense to me. So I said, here's what I want you to do. I want you to run down and see which one of our guys has an insurance policy and who's actively paying into it that they believe in the product. Do you understand what just happened right there? So he brings me back the report. The one that was selling with the highest closing ratio has had a policy, multiple of them, pays into it, believes in the product, has it for himself, has it for his family, great.

• 37:35Patrick Bet-David?

  The person that forty appointments being given, hasn't closed a single one, hasn't paid money into their policy for a year and a half, she hadn't done that. And then I sit in the meeting and this is how the meeting starts. It's in my office in Northridge and I said, "Okay, guys, how much you guys believe in what we do?" "Oh, my God, you know, oh, oh, really? Awesome." Tell me why, and I'm going through, so first I go to the guy that I know pays actively. I said, "Tell me why you believe in it. Are you kidding me? My mother this, my dad this, and da, da, da, da." I said, "Great, how about you?" And I go specifically to the person that doesn't have it. I said, "So why do you believe in it?" "Are you, oh, my God," I said. I said, "If you believe in it, I want to tell you guys what I have here, okay?

• 38:15Patrick Bet-David?

  I said, "I have everyone's numbers here on who's paid into the premium and who has not, and for how many months. Would you like me to share with you the names?" Within a second, first person that says, "No, no, no, no, I don't think it's appropriate." I said, "I agree." So I won't, so I went like this, I put it here. I said, "But now I know why some of you don't sell any insurance and some of you do. If you don't believe in the product, go sell something you believe in. And if you want to sell this product, spend the next two, four weeks doing whatever you can to believe in a product. If you need to sit down with me to help you persuade you into how the product works, if I can't do it, go sell something else, but you got to figure something out."

• 39:00Patrick Bet-David?

  That person came to me, straight up conversation with her. She today makes eight hundred thousand dollars here because she finally bought in. Some of the guys that didn't left, it was good to go. The point you just made was beautiful. Here's the knowns: China is betting against the US. The knowns are they are bullying our business owners. They're bullying our talent. They're bullying our engineers and they're bullying their own people. Their own people want to leave. They have a negative net migration right now. So the knowns are China is not a friend of the US. Okay. China will do anything they can to have control. They've said it made in USA 2025. It's here right now. We've been talking about this for six years. Made in 2025 is officially here.

• 39:44Patrick Bet-David?

  It's 2025 and they're not where they want it to be. What are the knowns that we have? How Trump negotiates? It is the way he is. He likes to steer the pot. He likes to go challenge. He likes to push the envelope. He like pushing buttons. He likes doing that. He's been doing that for his entire life. The knowns are the knowns. We see how couple of our neighbors, Mexico and Canada, how they handle certain things. How they all of a sudden are like, whoa, we got to figure something out. There are so many knowns that we have. What are the unknowns? Some of the unknowns was the market. It's going to happen with bonds. Money goes from stock market to bonds. What happens with interest rates? What happens with, hey, what if we lower the interest rate right now? The gap between the 30 year fixed. And the federal rate right now, Tom, I think the gap between two is around two and a half percent. You know, you kind of want it to be around one and a half percent to 2%.

• 40:29Patrick Bet-David?

  Right now, the banks don't even trust what's going to happen with rates. So they're like, ah, we're not going to give that much of a discount. So even if they lower the rates, they're not lowering their own mortgage rates. That's their way of saying, look, man, we have no clue what the hell is going on. We're not going to give you the, we're not passing that discount over to you because it could change in the next six to 12 months. So that's the unknown. But the known we do, by the way, Kevin O'Leary set the following, Rob, if you can play this clip. And I want to get your thoughts on this, Benny and then Adam, I'm coming to you right afterwards. Go for it.

• 40:55Speaker 04

  104% tariffs in China are not enough. I'm advocating 400%. I do business in China. They don't play by the rules. They've been in the WHO for decades. They have never abided by any of the rules they agreed to when they came in for decades. They cheat, they steal, they steal IP. I can't litigate in their courts. They take product, technology. They steal it, they manufacture it, sell it back here. Never has an administration-

• 41:23Speaker 07

  The Americans would stand 400% tariffs, what would that look like?

• 41:25Speaker 04

  I want Xi on an airplane to Washington to level the playing field. It's just not about tariffs anymore. Nobody has taken on China yet, not the Europeans, no administration for decades. As someone who actually does business there, I've had enough. I speak for millions of Americans who have IP-

• 41:44Patrick Bet-David?

  Look at the shocked face.

• 41:45Speaker 04

  That have been stolen by the Chinese. I have nothing against the Chinese people.

• 41:51Speaker 06

  None of those people have ever employed anyone, except Kevin.

• 41:53Speaker 04

  They brought great literacy, art, and tech to the world. The government cheats and steals and finally, an administration, you may not like Trump, you may not like his style or his rhetoric, finally, an administration that puts up and says enough. 400% tariffs tomorrow morning. He'll tell you why. Xi can only stay the supreme leader if people are employed. If we wipe out any business there because we are still 39% of all consumables on earth and 25% of the world's GDP, America is the number one economy on earth with all the cards. We will not have that forever. It's time to squeeze Chinese heads into the wall now.

• 42:37Speaker 07

  Well, hold on, I hear you, but hold on. If we're talking about people, the average consumer, not necessarily the head honchos of businesses all across the globe, can they withstand-

• 42:49Adam Sosnick?

  Can they withstand Xi's-

• 42:50Speaker 06

  So dumb.

• 42:52Patrick Bet-David?

  Your thoughts?

• 42:54Speaker 06

  I love the squeeze the head into the wall. I love it. And she's gonna go, "Well, what about the average consumer?" You know, a couple of things here. One, the allegory that is being used across social media is that everybody is waiting for our guy, for our bully, for dad to come home. China's a bully, China's been a complete asshole to everybody in the world. There's a very famous clip. Please, help me here. "Donald Trump, don't trust China, China is asshole." There's a very famous trip, clip, it's one of the most famous clips out there. It's great and it's a prophet. This man was a prophet. He's a Taiwanese dude standing in the street saying, "China is asshole."

• 43:40Adam Sosnick?

  Donald Trump-

• 43:40Speaker 06

  I just saw this this morning too.

• 43:44Speaker 02

  We need independence. Yep. And what's your message to... Have you seen Donald Trump? Do you think he should step in?

• 43:52Speaker 06

  Donald Trump don't trust China. China is asshole. China!

• 43:57Speaker 06

  Can we do it together? Can we just get one? Can we get the wide shot here? Can we just do it together? Three, two, one. China is asshole! There's the...

• 44:07Patrick Bet-David?

  Oh my god.

• 44:09Speaker 04

  What sign is he holding?

• 44:10Speaker 06

  Trump listened to this guy and said, "And what do you want, right? What do you want in every 80's movie? What do you want in Back to the Future? What you want, the apex of Back to the Future, the climax of Back to the Future, is when George McFly finally takes that shaky fist and punches Biff in the effing face and bloodies his nose and Biff is crying.

• 44:34Adam Sosnick?

  And he wins the girl.

• 44:36Speaker 06

  That's right. The chicks fall in his lap he gets in the DeLorean and rips it, you know? It's awesome. It's like the American economy now. The American economy, everyone's waiting for George McFly, Trump, to just punch China in the face, right? And to get red China, red in the face, blood dripping, and say like, "You know what? You've been such a jackass to everybody on earth and nobody likes you and nobody wants to be you. We know what's cooking here inside of this dirty little laboratory for the World Economic Forum. We don't want your techno-slavery and we are going to knock you down." And that's what President Trump's doing and that's going to be wildly popular.

• 45:15Adam Sosnick?

  Adam. Love Back to the Future. Are you freaking kidding me? Make like a tree and leaf, George McFly. Get out of here, dude. Anytime you can get a Back to the Future reference, forget about it. And the best scene is the electricity on the roof. The whole thing gets Back to the Future.

• 45:30Speaker 06

  Yeah.

• 45:31Adam Sosnick?

  Well, speaking of Back to the Future, if we could go back to the 80's, remember one thing. Who made China? You had a great conversation with Richard Werner yesterday, The Economist. And who would China be without us? You know, when Trump gave that speech with the tariffs, look at this beautiful map, look at this graph, he laid out all the countries and the reciprocal tariffs. And you know, you notice that he said, you know, sometimes our allies, they rip us off more than our enemies. But you know what? I would do the same thing. But you know who I blame? Who did he blame? And he started pointing at the Oval Office. He goes, our former presidents and our leaders, they're to blame. And the buck stops here.

• 46:15Adam Sosnick?

  So the conversation you have with Werner is like, how did China even get all this power? Didn't USA give them the blessing to enter the World Trade Organization? Whether it's NAFTA, whether it's TFT, our leaders, our government officials have sold America basically downriver. And now we're paying the price and Trump, like you said, is being the George McFly to Biff and saying, we're gonna punch you back. So they lie, they cheat, they steal, and someone needs to do it. So the only analogy that I'll give is like, how ungrateful, if you make someone, if you

• 46:55Adam Sosnick?

  basically allow someone to become, or a country, to get to this position, for them to basically be like rooting against us? It makes no sense. It's kind of like, it's a weird example, but you see what Kanye is doing to Jay-Z these days? Kanye was nobody before Jay-Z signed him to Rockefeller. He gave him this amazing position, he signed him, puts him in this thing, and now Kanye is just, literally, they put a thing called Watch the Throne. Now Kanye is trying to be the person, or did try to be the person who to wear the throne, but heavy is the head that wears the crown. You know, one more reference is Dr. Dre, when he would go, I started this gang, this mother, thanks I get.

• 47:36Adam Sosnick?

  America started China and this is the thanks we get and this is where I'm at.

• 47:41Patrick Bet-David?

  But just a few minutes ago, you were a little bit confused where you said you didn't know what was going on.

• 47:46Adam Sosnick?

  Well, nobody knows what's going on. So if you want to take a macro position and say, all right, with Trump, expect the unexpected. I agree.

• 47:55Patrick Bet-David?

  Yeah, that's it.

• 47:56Adam Sosnick?

  But you also don't know what to expect.

• 47:58Patrick Bet-David?

  No, no, for sure. Yeah.

• 47:59Adam Sosnick?

  So that's my, that's what I was.

• 48:00Patrick Bet-David?

  I understand what you're saying. Yeah, I got what you're trying to say because to me, a part of what's going on right now is like yesterday I had Richard Werner on here. Okay. And I don't know if you know who Richard Werner is. He is the father of quantitative easing. He's the guy that came up with quantitative easing. This is the guy. So this is the second podcast we did with him. It's a kind of a podcast that guys like me love, but it's like all numbers and it's all like economy and stuff like that. Right? He said something very interesting. He said, back in the days, Rob, if you can pull up the leader that they had Deng, Deng Xiaoping is his name. I hope I said it right. So this is the guy.

• 48:34Adam Sosnick?

  So you think you did a great job.

• 48:35Patrick Bet-David?

  So him in 1978, China is in the shits. Nothing is going on. Okay. They're, they're have, they have a lot of trouble. He goes and meets with Japan, their enemy. He meets with Japan, the enemy. He goes and meets with Japan's leader, the enemy, and they have some, what drinks? He said, not sake. What did he say? That's some drinks together. And while they did during the dinner, this is it. He said, sake? Okay. During the dinner, you know what ends up happening? He asks him, he says, look, I need your help. How were you guys able to grow your economy 15% back to back to back?

• 49:15Patrick Bet-David?

  Where your size of your GDP doubled four times over a span of a couple of decades. How did you guys do this? And finally, Japan, after it was done, they shared with them. They said, how many banks do you have? He says, we have one central bank. He says, no, how many banks do you have? He says, I just told you, we have one bank. He says, it'll never happen. He says, what do you mean? He said, you need 5,000 banks and 5 million loan officers, taking 35 applications of business owners on a weekly basis. He says, how many? He says, you need 5,000 banks, 5 million loan officers, taking 35 applications a week of small business owners coming in.

• 49:54Patrick Bet-David?

  He says, you're kidding me. He says, no, if you don't do that, it's not going to happen. He goes back. That's exactly what they do. China then starts having different banks.

• 50:06Patrick Bet-David?

  They start competing with banks, they start having the loan officer, small business starts taking off. China's economy goes up. This guy said, let's set aside our communistic history and all this other stuff. Keep in mind, in 1971 is the first time that a US president went to China for the first time ever. And it was Nixon, hadn't happened for 25 years. So he comes and he goes to Japan, has that conversation, he leaves, China takes off. The next thing I did yesterday is I wanted to find out what Xi thinks about him. Because what Richard said is the US has to have a conversation with China to have it be a, a conversation like this. Let's find a way to make this work. Well, if you look up, Rob, go to chat GPT and type in what, uh, what Xi Jinping thinks about Deng Xiaoping.

• 50:49Patrick Bet-David?

  And when you type this in, because a part of it has to be like, who's your hero? Do you look up to that guy? Is that somebody you admire? If you do, then the president and his, and his team can think about how to approach China. This is what you'll see. Xi frequently credits him in a speech, calling him the greatest Marxist. He acknowledged him, but also at the same time, he has positioned himself away from him. Uh, Rob, if you can go a little bit higher, the camera's covering it. He said good things, but Xi views himself distancing himself from Deng in the last, uh, few years. Because he wants to go back to more the control, the control of what's going on. The way it was with China, the Communist Party, right there.

• 51:31Patrick Bet-David?

  It doesn't matter what a black cat, what a cat is, black or white, as long as it catches mice. Pragmatism over ideology, that's Deng. Here's Xi, reinforce the role of Communist Party in every part of society and business. He cracked down on private enterprise, reintroducing ideological control. So Xi is not Deng. But you know what he said that was even scarier than that? Rob, can you pull up the following? Pull up the numbers that he showed yesterday? The number of banks in America. Watch this here, Vinny.

• 51:57Speaker 04

  How many banks we have here?

• 51:59Patrick Bet-David?

  Okay, before you even pull it up, Rob, go, go to the chart. Before you pull it up, let me just kind of tell these guys, don't pull it up yet. How many banks do you think we have in America today?

• 52:09Adam Sosnick?

  I mean.

• 52:10Patrick Bet-David?

  How many banks?

• 52:11Adam Sosnick?

  Like branches or types of banks?

• 52:12Patrick Bet-David?

  Total banks. How many total banks?

• 52:14Adam Sosnick?

  Like building itself.

• 52:15Patrick Bet-David?

  How many banks do we have in America today?

• 52:18Adam Sosnick?

  10,000.

• 52:19Patrick Bet-David?

  It's 4,000 today.

• 52:21Adam Sosnick?

  Wow.

• 52:21Patrick Bet-David?

  Okay, you ready? What do you think is the peak? 4,588 banks today. What do you think is the peak of the most banks we had in America?

• 52:28Adam Sosnick?

  10,000.

• 52:29Patrick Bet-David?

  Go back to it, Rob. Can you pull up the most banks we had in America and what the year was?

• 52:35Patrick Bet-David?

  We had 14,000 banks. No, that's not the year. It's previous to that, if you remember, right there. The peak we hit, look at the 70s, 80s, 14,000 banks. And it dropped to 4,000 banks today, 4,500 banks today. You know, 56% of all the business that's done is done with the main banks, JP Morgan Chase, Wells Fargo, B of A's, the main ones that you see.

• 52:55Adam Sosnick?

  Too big to fail.

• 52:56Patrick Bet-David?

  The problem is, we're kind of working backwards.

• 52:58Adam Sosnick?

  Yep.

• 52:59Patrick Bet-David?

  We're not having these small banks that are giving 50,000, $25,000 loans, $100,000 loans. So if Trump is really looking at this whole thing in what's going on, this may be part one. Part two may be, hey, stop making it so difficult to start a damn bank. Shamad was on Schultz's podcast, talking about the fact that they were starting a business to sell batteries in America. And he says how it took them, it's actually a very good clip, so it's a long clip, 7 minutes, so we don't need to play it. But I'll tell you what he said. They try to, this young kid comes to Shamad and says, hey, we need to build a battery company in America. Let me show you the idea. He shows it to him. And Shamad says, well, let's do it. So they go through the process.

• 53:41Patrick Bet-David?

  It takes them almost a year, year and a half to get this done. He'll give you the timeline. And they end up getting $100 million from the government to do this. He says, we need billions. Then he says, Letitia James goes under Biden and asks for some money. Within 30 days, gets approved for $2 billion. He says, we're going to do something good for America. Took us a year and all this stuff, bureaucratic processes that we have to go through to get to 100 million. She got $2 billion within 30, 60 days. So this is the part that regulation, we need to continue deregulating to allow the small business owner to be getting that $25,000, $50,000 to see what they can build with. That's another problem that we're going to be facing. So yes, China, yes, all this other stuff. We have to kind of look at some of the stuff that maybe in the future,

• 54:25Patrick Bet-David?

  this number needs to go back up to around 10,000.

• 54:27Adam Sosnick?

  Is it deregulation or is it just monopolies? Because I'm so glad that we pointed this thing out because we've lost, what, 70% of banks since the 70s? But you start to hear all the mom and pop stories that are closing. So whether it's retail and it's Walmart and Amazon, whether it's pharmaceuticals and it's just Walgreens, CVS, Dwayne Reed, whether it's electronics, it's just Best Buy and who else? I don't even know. You know, Radio Shack closed. There's less choices and it's just more monopolies. And all these big companies are just taking over. The mom and pop companies no longer exist. Is that sort of what the analogy is with the banks?

• 55:05Patrick Bet-David?

  Yeah, because like the way he was describing it, banks want to be able to give a billion dollar loan, a $200 million loan to a big company. They don't want to give a $50,000 loan, stick the same amount of time. I would much try to give a billion dollar loan and go sell it off to the third party, then have to come and deal with somebody that's a small business owner for $25,000. How many of those $25,000 do I need to do? To be equate, like a $100,000 loan for a billion, how long does a $100,000 take to get a billion? That's a lot of them. So, but the small bank, that's a local bank that somebody is putting up $30 million, they will give that $25,000. They will do that $50,000. The bigger banks are like, we're not interested in that. Stop it. Go to somebody else with our minimum is 5 million, our minimum is 20 million.

• 55:49Adam Sosnick?

  The challenge is, if you remember 2008, everything that happened during the Great Recession, these banks were all bailed out because they were too big to fail. That was the whole thing with Glass-Steagall and, um, exactly. Was it Barney Frank? Well, this chart moves because of the SNL crisis that was in America that started in the 80s. The savings and loan crisis? Yeah, there was a thousand banks.

• 56:09Patrick Bet-David?

  Carter, 16%.

• 56:10Adam Sosnick?

  A thousand banks failed in less than three years when it started.

• 56:14Speaker 04

  Because they took more riskier positions on lending. You know, out of greed to get more business and then the interest rates move and things change. And there it is, SNL crisis. Yep.

• 56:26Adam Sosnick?

  But shouldn't these banks fail? Isn't that sort of the point?

• 56:29Patrick Bet-David?

  They should.

• 56:30Adam Sosnick?

  You know, let them fail.

• 56:31Speaker 04

  Yeah, but just like after the mortgage, you know, crisis of OA and Nina loans and things which were dumb. Had there been simple regulation on liquidity, right? That you can't, that would have led to people not doing Nina loans. Then SNL crisis wouldn't have happened and we would still have all the small SNLs and the thrifts that were out there. But they blame the economy, but it was also the way they were operating and they wanted more business and just like 2008.

• 56:59Adam Sosnick?

  Yeah.

• 56:59Speaker 04

  It's like history keeps repeating itself.

• 57:01Adam Sosnick?

  What's funny is you brought up Chamath. I think what, the first thing that I remember made Chamath famous was during 2020 when he talked about the airlines that were doing basically what buybacks, stock buybacks? And he was being interviewed and he goes, what do you think should happen to the banks? He goes, let them fail. Let them fail. Why do we keep buying, bailing these people out? Do you remember that? And people were like, what do you mean let them fail? But, you know, zombie companies, companies that don't basically manage their P and L, they should fail. That's why I'm so against the WNBA. Anyway, that's another story.

• 57:31Patrick Bet-David?

  Let me go to the next one here. Jamie Dimon says recession is likely outcome with Trump's tariff turmoil. Rob, if you have that clip. Jamie Dimon comes out and is officially using the R word. Recession, being there. Do you have it, Rob? I do. Let me read this to you if you don't. Okay, there you go. Go for it.

• 57:50Adam Sosnick?

  And then how it affects consumer sentiment. Sorry.

• 57:52Speaker 02

  Who personally expect a recession?

• 57:54Adam Sosnick?

  I am going to defer to my economists at this point, but I think probably that's a likely outcome.

• 58:00Speaker 02

  Because markets, I mean, when you see a 2000 decline, 2000 point decline. It sort of feeds on itself, doesn't it? Because it makes you feel like you're losing money in your 401k, you're losing money in your pension. You gotta cut back.

• 58:13Adam Sosnick?

  Yeah. I always remind people markets aren't always right. But sometimes they are right. And I think this time they are right because they're just priced. Uncertainty at the macro level and uncertainty at the micro level, at the actual company level. And then how it affects consumer sentiment, it's hard to tell. Consumers still have jobs, wages are going up at the low end, which I think is a good thing. But if companies start cutting back, yeah, the consumer sentiment changes and business sentiment changes. I think you've already seen business sentiment change a little bit. Hopefully, no one's wishing for that, but hopefully if there is one, it'll be short. But I do think fixing these tariff issues and trade should be a good thing to do.

• 58:51Patrick Bet-David?

  Benny. Recession.

• 58:53Speaker 06

  So, two, let's get the terms right. So, two consecutive quarters of negative GDP growth. Yeah, recession, all right.

• 59:03Patrick Bet-David?

  Under Trump, that's the definition. Under Biden, it's not.

• 59:06Speaker 06

  Yeah, that's because that happened under Biden. Yeah, that happened. There's a lot of this stuff that happened under Biden. Obviously, you have these self-made billionaires that are in charge of the country, and I would say, and I just want to give a shout out, I don't know them, I've never met them. But the person who has become a rock star in all of this is Scott Bessett. Man, that guy is impressive. And everybody is now hanging on his every word. I've never seen a Treasury Secretary command so much power and also have such clarity. He spoke to the banks, and we talked about banks, and then I want to get back to the recession point. He spoke to the banks just yesterday, and Scott Bessett is sitting there giving a talk to all of the large American banks. And there's just a point that you made about large banks and conglomeration with financial services.

• 59:51Speaker 06

  And he said, "Your days are over. You had a great run. Now it's time for Main Street. Like, we're done with Wall Street, now it's time for Main Street." The ball's on this guy. To stare down the banks, right here, this clip, to stare down the banks and say, "This administration is not about you. We ran for the working man, and now it's time to serve them." I don't know how long this clip is, but maybe... 27 seconds. Let's have a listen. For too long, financial policy has served large financial institutions at the expense of small...

• 1:00:21Speaker 04

  No more, no more.

• 1:00:26Speaker 06

  That takes a lot of guts to say that. Balls on this guy.

• 1:00:28Speaker 04

  This administration aims to give all banks the chance to succeed, whether it's JP Morgan or your local mortgage and loan. It aims to get capital to Americans who need it by getting bureaucracy out of the way. For too long.

• 1:00:43Speaker 06

  PBD is exactly what you just talked about. And it, you know, people are. This was yesterday? When, what's that, Rob? This was yesterday. Yep, yesterday. To the National Bankers Association, funded by the big banks, created wholesale by corporate banks. And so to be able, to have the temerity to go in and say that, and then also his background is so impressive. And I cannot believe I'm doing this. Please don't come for me in the comment, in the chat. Please chat, don't come for me over this. But I'm telling you, like, I cannot, when you go into his background and see that he worked with George Soros, he worked, Scott Bessett worked with George Soros as his chief risk manager when he collapsed the British pound. When George Soros did a strategic collapse of the British government, doing it through,

• 1:01:25Speaker 06

  hear me out on this, a overinflated stock market in the UK, a overvalued currency in the UK, mass immigration that was disproportionate and making the culture wobbly, and an elite class that had sold out the working class of their country. That's what the UK was in the 90s. And he, and Scott Bessett, our current Treasury Secretary with George Soros, swooped in and made a fortune that couldn't be spent in 100,000 lifetimes by betting against, by shorting the UK government in the pound. And they, this man saw the structural inefficiencies and the risks associated with this single greatest financial coup in world history, arguably, what made George Soros famous.

• 1:02:09Speaker 06

  I'm only saying that to say this. Trump is a genius, man, for, for, for bringing this guy on. For ignoring the fact that he's friends with Soros, bringing this guy on to work out the structural inefficiencies in our country, so that this can't happen to us. And that's what I believe is actually happening here. Will it lead to recession? I don't know. I'll leave that for people with much higher IQs. I went to community college. But did, but, but is Scott Bessett on a warpath to create a wall around our home? And I'd like using the home analogy, the metaphor, I'm sorry, it's gonna get old. But Scott Bessett is out there to reinforce against someone like Soros, doing that to the American dollar and the American economy. I am 100% in favor of that. Yes, there will be pain. Yes, you'll

• 1:02:53Speaker 06

  have to exorcise some demons. These are the kind of things that happen when you have a, when you have demonic possession, which is what the country has right now. When you have things that are really bad and wrong with the country, you're gonna have to exorcise them out. But that's what Scott Bessett is doing. And if you understand the full picture of what's happening there, as he's trying to reinforce, to protect against what he did to the UK, he's doing that for us, that's amazing.

• 1:03:17Patrick Bet-David?

  Very interesting. I didn't know that, by the way. Tom, your thoughts? Recession?

• 1:03:21Speaker 04

  So recession, you heard what he was talking about. Jimmy Damm was talking about sentiment. So he says, the sentiment of the consumer, sentiment, and he said it three times. Why? Because if the consumer gets worried, and you're worried about tomorrow, then you don't buy incremental things that you might think are luxuries. You save. If you're worried about what's gonna happen tomorrow, maybe you, you know, honey, we were gonna take a trip, and we were gonna go to Orlando, and we were gonna go to all the theme parks and everything. What if we go to the Grand Canyon, and go to the national parks, and do some things like that this summer with the kids? Do something fun, but let's not spend three grand, let's spend 1,200 bucks, and let's save the rest of it. These, this

• 1:04:05Speaker 04

  is not fiction. These are the decisions that a populist that looks at all this, because most Americans are not in the stock market, and they think the stock market's the economy, because that's what comes screaming out of the news at them. The stock market is not the economy. The economy is Costco yesterday said it had a really good first quarter. That's the economy. The American consumer shopping at Costco. And so, and by the way, the market for, you know, an hour and a half is gonna love the Costco earnings report, it's gonna go up. And so... You know, that's, that's what it is. So what is a recession? Two quarters of negative GDP growth. That doesn't mean we're in the shitter. That means, excuse me, that means that the growth stops. Why does the growth stop?

• 1:04:49Speaker 04

  The sentiment stops. And then if corporate sentiment, which was mentioned by Jamie Dimon, and consumer sentiment are more conservative, hey, let's let all this tariff stuff sort out. Then they buy less. That's what a recession is. It's not a depression and a collapse of all the mechanisms. It's merely two quarters, or six and a half quarters, if it's the Biden math, of negative GDP growth. And so I think Jamie Dimon could be correct, but I believe he's correct about one thing at the end. If there is one, it will be brief. Because I think he's also looking, and he said, I'm gonna leave it to my quants, that the negotiation of all of these tariff things, Pat, where do you think it's gonna be in four months? Six months?

• 1:05:33Speaker 04

  It's gonna be the food poisoning. We're gonna be out of the bathroom, over our food poisoning, and back at work.

• 1:05:40Adam Sosnick?

  Yeah, I mean, out of the bathroom, Tom.

• 1:05:43Speaker 04

  No, I'm saying it's like-

• 1:05:44Adam Sosnick?

  It's a bad case of food poisoning. I don't know what you ate.

• 1:05:45Speaker 04

  I'm saying, it's a bad visual, but I'm saying is-

• 1:05:47Adam Sosnick?

  You go to those restaurants.

• 1:05:48Speaker 04

  The tariffs, think of it, think of the tariffs as having a really bad cold. And you're off work for a couple of days because it's a bad cold. And now, guess what? And you're gonna be back. That's what the tariffs are. It's a medicine we have to take.

• 1:05:59Speaker 06

  Can somebody explain to me why Joe Biden wasn't hit with the R-word?

• 1:06:04Adam Sosnick?

  Retard?

• 1:06:05Speaker 04

  He was in this room. That's the right question, Benny.

• 1:06:10Adam Sosnick?

  Which R-word, Benny?

• 1:06:11Speaker 04

  I just threw it, I threw it out there.

• 1:06:13Adam Sosnick?

  You're talking recession?

• 1:06:14Speaker 04

  So, PBD just goes, like, the Biden recession. But that, that did not sink in.

• 1:06:19Adam Sosnick?

  They changed the definition of that.

• 1:06:21Speaker 04

  Okay. So what happened there? Yeah. They changed the definition while we were literally live on the air.

• 1:06:26Adam Sosnick?

  Well, I look at it a little bit, I look at it a little bit different because this is kind of the conversation I was having with Brandon the other day, where he's like, you have to understand the macroeconomics and what happens with the quantitative easing. And then what happens is, I was like, well, have you started investing yet? He's like, no. I'm like, why are you so worried about the world's economy? You should be worried about your own economy. Like, and then he's like, well, you know, I'm just waiting on the time to buy the dip. I go, you probably wanna buy today. And I go, because I've seen these markets go up and down all my life, since I've been in this investing world. The next day, all time biggest increase in the stock market we've ever seen in our lifetime. It's like, did you buy it? He goes, no, I was waiting. I was like, you missed your chance. What's my point? I don't know if a recession is happening.

• 1:07:09Adam Sosnick?

  You're saying that it might be four months, it might be six months, consecutive quarters of negative GDP. We don't know. What we do know is what you can is is control the controllable. So is Jamie Dimon right? Hold on, Vinny, I know you're a financial advisor.

• 1:07:22Speaker 04

  I know, I'm about to drop the ball.

• 1:07:23Adam Sosnick?

  But the only economy that you should be focusing on is your economy right now. Make sure that you're doing what you need to do to keep your job. You know, be inflation proof, be recession proof, be good at what you do. You know, you know, we talked about the fear and greed index. Rob, I sent you that, by the way. Do you know the fear greed index that we've we've mentioned in some, do you know where it's at right now? Take a guess before you put it out there.

• 1:07:44Speaker 04

  Happy.

• 1:07:44Adam Sosnick?

  What, you think people are happy?

• 1:07:46Patrick Bet-David?

  I'm greedy.

• 1:07:47Adam Sosnick?

  Okay, people are greedy?

• 1:07:48Speaker 04

  Well, they should be.

• 1:07:49Adam Sosnick?

  Go ahead, show it right now. People are an extreme.

• 1:07:52Speaker 04

  And whose fault is that?

• 1:07:54Adam Sosnick?

  And by the way,

• 1:07:56Adam Sosnick?

  by the way, that's at an eight right now. Do you know the all time low it's ever been? Two. That was during COVID on March 12th, 2020. Do you know that two days ago, what the number was? It was at a three. So people in America, very, very fearful right now. So what happens if you're fearful? By the way, if you're, you want to know what the highest greed ever was? I think it was in 2012 when the fear greed index hit about 90 is when it was. So what can you do to prepare for a potential recession? Get out of debt, save that money and invest the right way. So Tom, you brought up a great point. Instead of maybe going to Mykonos this summer, going to Ibiza, maybe you go to the Grand Canyon to go to Lake Michigan or something like that.

• 1:08:40Adam Sosnick?

  Instead of basically balling out.

• 1:08:42Speaker 04

  Just go to Key West.

• 1:08:42Adam Sosnick?

  There you go. Instead of balling out when you get your tax refund, maybe you pump that into a Roth IRA. I don't know, maybe you don't get a new car right now. You just fix the old one. Brace for impact again, because we might have a recession. But forget about what's going on in the macro economy. What's going on in your economy?

• 1:08:59Speaker 04

  And you saw the consumer price over month to month actually drop, Rob. Keep putting, Rob, there's a video and Tom has a chart that inflation cools. That actually went down 0.1%. That's nine eleven.

• 1:09:10Patrick Bet-David?

  And Costco had a good quarter. Isn't that interesting? Some data and some facts.

• 1:09:14Speaker 04

  No, Rob, I sent you the, I sent you a video on Slack.

• 1:09:16Patrick Bet-David?

  What a metaphor.

• 1:09:17Speaker 04

  It's a, the March consumer price index went point, uh, went to point, uh, 2.4? I don't have that.

• 1:09:24Adam Sosnick?

  And while we're waiting for that to come up.

• 1:09:26Speaker 04

  It might have been the text, Rob.

• 1:09:27Adam Sosnick?

  The VIX today, the measure of volatility, volatility did not jump back up as people thought. It went up a little bit today, but it didn't jump back up. It's staying at 37, which is to Adam's point about the fear and greed index. That's a sentiment. So the sentiment is actually calming on the market today. And people say that what's going on today is some profit taking because it's not America buying it. It's 10% of people. Have you looked at what the market is today? I have not looked. Where do you take a guess? Where do you think it is today?

• 1:09:53Speaker 04

  It was minus 800. We saw it. Minus 800.

• 1:09:56Adam Sosnick?

  S and P 135 down. Dow 800 down. It's like a yo-yo. It's like a. Well, no, no, but today it's they say it's profit taking pressure and the VIX only moved four points.

• 1:10:06Speaker 04

  I concur with what Tom is saying.

• 1:10:08Patrick Bet-David?

  Okay, let's go to next story here. Next, next story here. Uh, one of the things I love about the team that we have here, our chief investment officer Vincent O'Shaughnessy crushes it. Like the amount of research his team comes up with is like.

• 1:10:23Adam Sosnick?

  I appreciate that.

• 1:10:24Patrick Bet-David?

  What happens is you do so much legwork on the back end that when the podcast starts, he's just tired. He doesn't want to.

• 1:10:29Speaker 04

  I'm exhausted. I was up till 2:00 in the morning talking about the index.

• 1:10:32Adam Sosnick?

  Researching inflation.

• 1:10:33Speaker 04

  And the reciprocal tariffs.

• 1:10:35Patrick Bet-David?

  It's incredible. All right, let's go to some fun here. Trump and Obama's odds of winning the presidency if they faced off historic third term.

• 1:10:43Speaker 04

  Uh-oh.

• 1:10:43Adam Sosnick?

  Uh-oh.

• 1:10:44Patrick Bet-David?

  So this is like that heavy witness. This is, this is Ilya Toporia against Islam. This is John Jones against Aspen. Now, this is a, this is a, this is a good fight here to see. And here's what Trump had to say about it. Uh, Rob, is there the odds here for me to read before I go to it?

• 1:11:01Adam Sosnick?

  I can find it while we play the video.

• 1:11:02Patrick Bet-David?

  Yeah, go for it. Go for it.

• 1:11:25Speaker 07

  They do say there's a way you can do it, but I don't know about that, but I have not looked into it. I want to do a fantastic job. We have four years, just about, almost close to four years. It's time is flying, but it's still close to four years and we're getting a lot of credit for having done a great job in the first almost 100 days.

• 1:11:44Patrick Bet-David?

  And by the way, here's what the odds say. Let me read it to you. Trump's claim run against Barack Obama third term faces a tough reality as an Overton insight survey of 1,100 registered voters.

• 1:11:56Speaker 06

  Yeah.

• 1:11:57Patrick Bet-David?

  Shows Obama leading 53 to 47%.

• 1:11:59Speaker 06

  Okay, okay.

• 1:12:00Patrick Bet-David?

  The poll reveals Obama dominating among independents with 59% and moderates with 61%, taking 10% of Trump's 2024 voters, while Trump only swipes 3% of Kamala Harris's voters. No constitutional law currently allows Trump or Obama to run in 2028, but Representative Andy Ogles proposed amending the 22nd Amendment just three days ago into Trump's second term to permit Trump's a third term, excluding Obama for his consecutive prior terms. The amendment states, "No person shall be elected to the office of the president more than three times nor be elected to additional terms after being elected to two consecutive

• 1:12:40Patrick Bet-David?

  terms." So, there's two questions. One, who would win? Would you want to see it? And at the same time, would you like to see Trump being able to run for a third term? I'll go to you first.

• 1:12:51Speaker 06

  Trump's already beat Obama three times. So, he already won in 2016. That was an Obama cutout. Remember Joe Biden was like begging to run. Obama gave Hillary Clinton the crown and Trump romped. Then in 2020, Obama did every, they did everything they possibly could to rig and to steal that from President Trump. And then in 2024.

• 1:13:16Speaker 06

  Obama went hard in the paint. All of this happening behind the scenes cloak and dagger stuff, that was all Obama. The George Clooney op ed, it was all Obama. Obama ran the whole, ran the White House. Does anybody really believe that Joe Biden was in charge of the White House? It was clearly Obama, the first president in our lifetime, that moved down the street. No president has ever moved five blocks from the White House to a mansion in Colorado, Washington DC is where Barack Obama moved. So as he says on Stephen Colbert's show, "I can run the White House from my sweatpants with the phone, with the earpiece in." Yeah. And what's the first thing you see when Joe Biden, when they're inaugurating Joe Biden at that dystopian weird inauguration that nobody went to, that the military had to protect?

• 1:13:59Speaker 06

  What's the first thing you see is Joe Biden likes saying things as though he has an earpiece in? I'm telling you, man, Trump's already beat Obama three times. And there's no way that you can convince me otherwise. It's, this last time was a, was a seven state, seven swing state romp with the popular vote. Barack Obama is cooked, and I'll give you one final piece of data to prove that. They have to bust people into Obama rallies. Obama can't draw the crowds anymore. You just got, who can sell merch? Does, I think it's, I think it's Andrew Schultz who said this, like, "Politics is who can sell merch," right? You got, "What's your merch move, bro?" Right? That's it. Obama can't sell merch. Here's a perfect example of this. We got 40,000 people right now watching on YouTube. What would happen if Michelle Obama went live on YouTube? She got a little channel, same

• 1:14:44Speaker 06

  platform. I can show you. You can pull up Michelle Obama's YouTube channel right now, and you will see views, like Minecraft, like 12-year-old Minecraft, uh, what started, like 12-year-old Minecraft kid, like started a YouTube channel. It is really sad. And it's with billions of dollars of free promotion from the corporate media. The ship has sailed. People are over the Obamas. They're done with them. Michelle Obama's podcast is a perfect example of how people don't care anymore about them. They know that they're frauds. Why do you think? Well, because Michelle Obama stands up at the DNC convention, and we were all there, and we all heard it. She stands up at the DNC convention, here's why. She's standing there at the DNC convention, and she goes, "My parents are suspicious of people who

• 1:15:29Speaker 06

  took too much."

• 1:15:32Speaker 06

  Right before she gets on her G5 to go back to one of her private islands where she has a mansion in some of the whitest neighborhoods in all of the world. Everybody knows that they're frauds, they're worth hundreds of millions of dollars. They ran to say that we're, there's not, this is a good one, you wanna, you wanna get them? Here we go. Pull up Gallup poll, race relations in America. Cause this is what the Obama thing was all about. Obama said, "My mom's white, my dad's black. It's not white America, black America, it's the United States of America. It's not red or blue, it's us, together." Why don't we check out what happened while Barack Obama was president? Well, let's see here.

• 1:16:11Speaker 06

  Everybody said that race relations was just fine, and then Barack Obama got into office. And decided to infect a virus into this country and use race for political purposes to try and separate us, to really rend and pull at the fabric of this country. And people are sick of that, people have seen the divisiveness. What did Barack Obama say right there when race relations collapsed in 2013? He said, he said, "Trayvon Martin's my boy." If I had a son, he'd look like Trayvon. That's it, that's the destruction, and then he went and he fomented race riots in Ferguson, Missouri. We hadn't seen race riots in decades in this country. He fomented race riots in Ferguson, Missouri. People are sick of it, they see the Obamas for what they are, which are opportunistic

• 1:16:56Speaker 06

  goblins, who are just in it for themselves, and anybody who's close to them will tell you that. And the Michelle, the failure of the Michelle Obama podcast is a, is the world telling them, "We don't care about you." Michelle Obama actually thought that hundreds of millions of people were waiting on bated breath to listen to everything she has to say to her eunuch brother, who somehow looks more feminine than she does. Eunuch brother. There. Adam. But, that's it.

• 1:17:22Patrick Bet-David?

  Who do you got? Obama or Trump? Is that a city in Germany or something?

• 1:17:26Adam Sosnick?

  So the question was if they were both able to run a third term.

• 1:17:30Speaker 04

  Yes.

• 1:17:31Adam Sosnick?

  Would Obama beat Trump or would Trump beat Obama?

• 1:17:35Speaker 04

  Please.

• 1:17:35Adam Sosnick?

  If I had to put money on it today, I would say Obama would be the favorite.

• 1:17:41Speaker 04

  No.

• 1:17:41Adam Sosnick?

  But Trump would end up winning in the end, almost like Hillary Clinton in 2016. Cause if you're just looking at the, the odds and the numbers, you know, you talked about approval ratings. I think Obama's highest approval rating was almost like 70% when he got elected. And then I want to say his like sustainable average, you can fact check that. Sustainable average was basically in the high 40s. Trump's never been above 50% approval rating ever. I think right now he's kinda trying to get there. Yeah, there it goes 69 dude. So as far as approval ratings, it's going to come down to who the independents break for. So one thing I'll give Trump credit for, you talked about race relations.

• 1:18:22Adam Sosnick?

  Trump has done an amazing job of killing wokeness, killing DEI, killing identity politics, killing cancel culture. You know, people thought that Trump was going to, going to lose when he was like, I thought Kamala was Indian. All of a sudden she's black. People are like, oh my God, I can't believe he said that. People are like, no, that's exactly what happened with her. You know, with Tony Hinchcliffe is like, it's a floating piece of garbage called Puerto Rico. Like, oh my God, yeah, nobody cared. You know, Trump's Hitler. It's like, no, I'm not love the Jews. So Trump's faced so much backlash that they would put Obama as the favorite. But then Trump would just pull it out in the end. So I would go with Trump.

• 1:19:03Speaker 04

  I disagree 1,000% that whatever poll that was, whatever voters that they got, that's, that's, I don't believe any of the polls. You want to talk about, so the approval ratings with Obama were that high? Cause every media, everybody was worshiping him. He was trying to talk like he was a, like a Martin Luther King. It was all bullshit. All right, that whole change, yes, we can, he, he, no, we can't. We didn't do, what did he do? What did he do besides make everybody hate each other in the country? Obamacare doesn't freaking care. It was all delusion. It was all divisiveness. By the way, if there's a legal way, a legal way for him to be the vice president again and then D I D fans and they do it, I say do it. Anything to make these liberals go freaking nuts.

• 1:19:46Speaker 04

  I absolutely enjoy it. I was talking to Julian outside. I love that these people go nuts for this guy. I don't know what it is. I absolutely love it. And I wanted to get in because I wanted to get into debates. Benny and be like, so Crossfire Hurricane Obama, those debates are gonna be the best. So you were spying on my campaign. You guys set up Russia collusion, you and Hillary and the DNC. You guys were doing illegal shit to try to ruin me before I even got in. And bringing up Michelle Obama, can you imagine the debate points that he could bring up just with Michelle alone? Like President Jimmy Carter died. You don't show up to the funeral? Your wife doesn't show up? How disrespectful is that? All the freaking stuff that he could bring up about his wife, I think it would be, he would murder him. It wouldn't be even fair.

• 1:20:31Speaker 04

  Tom, I think the pollsters are just, after the election, all the pollsters went to a B and B. But it's not what you think. Some of them became bored, the others became bankrupt because they can no longer fleece. That's what happened to the pollsters. And I think it's ridiculous that these polls are going up. It's like, I just had a flashback, speaking of DeLorean, went back 20 years of Saturday Night Live, when all the drunk guys were talking about Ditka. It says, remember this? Dub Bears. It says, remember, yeah Dub Bears. It says, remember, what do you think? Ditka versus all the angels in heaven. Uh, Ditka, but it's a field goal late. And it's like, that's what I feel like this polls are. It's like, with this, this, to me, it seemed a little bit crazy.

• 1:21:15Speaker 04

  But also, you know what it showed me? I backed off on that. So why are they doing this? It's crazy. Because it's desperate. It's desperate. Somebody had the poll do it because they want something and they got nothing. And so what did they go do? They did what Joe Biden did. He didn't have the dollars, so he went and printed some. And they're out there and they're floating this. See, our guy, one of our guys could beat Trump. Well, he didn't and Trump's in power. Dad's home. What are you doing?

• 1:21:39Speaker 06

  Yeah, that's right. Obama's kissing the ring. We all saw him at the funeral. Obama's sitting right next to Trump, cracking jokes. We do, and they were talking about golfing. That's what the lip reader said. Obama wants to golf with Trump. Like, no, man. Obama's the one who said, I can't win. Obama's, Obama sat there. Can we pull that up? The lip reading. I'm so sorry to abuse, uh. Rob, Rob's the best. The lip reading's unbelievable. The first thing that, the first thing Obama, here's your perfect response to that poll. The first thing Obama says is, I knew you'd win to Trump. Beating Kamala. Beating, beating Kamala. That's right. Yeah, well, Kamala and Obama. Professional lip reader that used AI to track what they were saying, and the first thing Obama says is, uh, I knew you'd win. Yeah, of course.

• 1:22:24Speaker 06

  And he's. Don't doubt it. Oh, no, that's a deaf girl. Sorry. Um. Well, she. Goodness, that's me. I mean, that's probably me responding to the clip. Yeah. See if it's in here. Yep, there it is. Hello, Mr. President. Yep.

• 1:22:40Adam Sosnick?

  For a second time.

• 1:22:43Adam Sosnick?

  Brock, very nice to see you. Congratulations. So how you doing? A lot better than. Yeah, I bet. Know you'd win. Oh, really? Well, come on. Anyone could beat her. She's just. I was just as appalled. You know what happened? You just didn't want to leave. I know. Is what happened? I did what I could to help her. She was horrendous. I know. You know what I realized? Hillary still hates me so much. I know. She'll never forget me.

• 1:23:19Speaker 06

  Come on, boys.

• 1:23:20Adam Sosnick?

  We should make the discussion. I think so too. We can definitely set something up.

• 1:23:23Speaker 06

  That's so funny.

• 1:23:24Adam Sosnick?

  Let me know whatever works best for you. I was gonna fly back to Florida tomorrow for the golf. Okay.

• 1:23:32Speaker 06

  They're gonna, they're gonna golf together, man. The photos. And this is the real. Like, who wouldn't want, I mean, could you kind of like want that, all right? This wasn't some of the joke stuff. That was.

• 1:23:41Adam Sosnick?

  The professional and the real stuff.

• 1:23:43Speaker 06

  This is the professional lip reader with AI. Putting this together. I think the original, I think it was the New York Post that, that, that.

• 1:23:49Adam Sosnick?

  So what's the likelihood that there was actually a conversation?

• 1:23:51Speaker 04

  What else would he be talking about and smiling about? You know, it's about the loss and you know, he's probably like, yo, you couldn't even help her with your whole, yeah, we have to rally the troops. No, you didn't rally anything.

• 1:24:01Speaker 06

  It's so believable. That's why that went viral. It's viral because it's so believable. You can actually, you can see him saying this, these things.

• 1:24:06Adam Sosnick?

  By the way, people forget, that caused a lot of controversy that they were sitting together. I said, I love it.

• 1:24:11Speaker 06

  That's a great point.

• 1:24:12Adam Sosnick?

  Are you kidding me?

• 1:24:12Speaker 06

  Yep.

• 1:24:12Adam Sosnick?

  Where else in the world do you have literally mortal enemies come together? At a, this is the funeral of Jimmy Carter, I believe.

• 1:24:19Speaker 06

  Yeah.

• 1:24:19Adam Sosnick?

  And sit next to each other and have a conversation. I love it.

• 1:24:22Speaker 04

  What was the other event?

• 1:24:22Adam Sosnick?

  You were upset by it, I remember you were. You had your panties in a bunch that Trump was sitting next to Obama.

• 1:24:28Speaker 04

  You know why?

• 1:24:28Adam Sosnick?

  You had to change your panties, I remember.

• 1:24:30Speaker 04

  You know why? Because he is the, we're talking about the enemy. Anybody that causes divisiveness and hates the country and then spies on the other guy and tries to destroy him, he's the enemy. I wouldn't sit next to him.

• 1:24:39Speaker 06

  I have a question for everyone.

• 1:24:41Speaker 04

  Yeah, he is.

• 1:24:41Speaker 06

  I have a question for everyone on, on this panel and I would never portend to say I, I know who you supported in, in the year 2000 or 2004 elections. However, if you're looking for somebody who is a real dick to Donald Trump at this event, other than Michelle Obama, pun intended.

• 1:24:56Adam Sosnick?

  My tennis wife.

• 1:24:58Speaker 06

  Then, then you would look at George W. Bush, who goes walking over to Barack Obama, chest bumps him, ignores Trump entirely.

• 1:25:05Speaker 04

  His cousin.

• 1:25:05Speaker 06

  In his own party and then, and then pulls the curve. Laura Bush doesn't even acknowledge either man and walks right by him. So this is a president, the last Republican president faced with the net, the next Republican president. So his, his successor in the Republican party. Bush doesn't even acknowledge Trump's existence.

• 1:25:22Speaker 04

  Well, that's his cousin though. These are, these are literally two cousins. Look, those are two cousins and it's, what do you mean? They are cousins, Adam. They're related. Wait, let me guess. I'm lying, Adam?

• 1:25:32Speaker 06

  And.

• 1:25:33Speaker 04

  Do you know?

• 1:25:33Adam Sosnick?

  I'm sure they're the best.

• 1:25:34Speaker 04

  Because you don't know. Adam, here we go. You don't know.

• 1:25:36Adam Sosnick?

  No, no, you know.

• 1:25:37Speaker 04

  Rob, are they cousins?

• 1:25:38Speaker 06

  Fight, fight.

• 1:25:38Speaker 04

  Is, is Bush, is Bush and Obama related? Are they related?

• 1:25:42Adam Sosnick?

  I know there's a story that they, from like, for like 500 years ago, there's a guy.

• 1:25:47Speaker 04

  Oh, Barack Obama. Oh, it's 500 years, Adam? Or is his 10th cousin?

• 1:25:49Adam Sosnick?

  10th cousin wants to move.

• 1:25:51Speaker 04

  It's his cousin.

• 1:25:52Adam Sosnick?

  You found it, Ben. You're the man.

• 1:25:53Speaker 04

  That's why I act when I see my cousin.

• 1:25:55Adam Sosnick?

  That's like saying we're all.

• 1:25:56Speaker 06

  Wait, wait, wait, wait, wait.

• 1:25:58Speaker 04

  Sorry, Adam, sorry.

• 1:26:00Adam Sosnick?

  By the way, through Samuel Hinckley of Cape Cod, who had a great, great, great, great, great grandson who shot Reagan. Weird.

• 1:26:06Speaker 04

  No.

• 1:26:07Speaker 06

  Weird. No way. Is that true? So I know Hinckley is the name of the guy who shot Larry Reagan. Is there a relation?

• 1:26:12Adam Sosnick?

  Oh, okay. That's like saying.

• 1:26:14Speaker 06

  It was the same name, so you know.

• 1:26:15Adam Sosnick?

  That's like saying we're all fifteenth cousin because we're all the children of Abraham, Isaac, and Jacob.

• 1:26:19Speaker 04

  Oh, now you're doing a woozy and a wazzy and a floozy.

• 1:26:22Adam Sosnick?

  But.

• 1:26:22Speaker 04

  Whatever, Adam. That's the one. When I see my tenth cousin twice removed, I chest bump him when I go to the other guy.

• 1:26:27Adam Sosnick?

  Following the line of absurdity. Vinnie, you bring up a good point. The whole conflict, and this is who Trump is, the fact that him and Bush, that whole, basically, the, the, since the 2016, um, campaign, when he was on, on stage with Jeb Bush, he's like, you're low energy, you're low energy Bush, Rand Paul, you're ugly, Scott Walker, you're a loser, you know, and just bing, bing, bing, bing, bing. He called out the Bushes. He called out George W. Bush.

• 1:26:55Speaker 06

  Good.

• 1:26:56Adam Sosnick?

  Trump has not only taken the GOP, it's no longer the GOP, it's just MAGA now. And you had to pick a side. The Mitt Romneys are done, the Mike Pensys are done, and it's just MAGA at this point. So I'm not shocked that the Bush oligarchy and the Trump legacy is not on the same page. Are you?

• 1:27:14Speaker 06

  I mean, the person, so the end of the Bush dynasty, tell me if you agree with this chat. The end of the Bush dynasty was, please clap. That was it. When Jeb goes, when Jeb goes.

• 1:27:23Adam Sosnick?

  Please clap.

• 1:27:24Speaker 06

  Please clap.

• 1:27:25Adam Sosnick?

  Please clap for us.

• 1:27:27Speaker 06

  Talk about like, talk about a real poll.

• 1:27:29Adam Sosnick?

  In that little campaign room out there, you could probably show that, but.

• 1:27:31Speaker 06

  Yo, I'm from Iowa, so that's where I was raised, and this is where I went to school, and you can tell. There it is. This is.

• 1:27:37Adam Sosnick?

  Told a joke?

• 1:27:38Speaker 06

  Yeah.

• 1:27:39Speaker 04

  I will be a commander in chief that will have the back of the military. I won't trash talk.

• 1:27:45Speaker 06

  The half of it.

• 1:27:45Speaker 04

  I won't be a divider in chief or an agitator in chief. I won't be out there blowharding, talking a big, big game without backing it up. I think the next president needs to be a lot quieter, but send a signal that we're prepared to act in the national security interests of this country to get back in the business of creating a more peaceful world. Please clap.

• 1:28:09Adam Sosnick?

  That was the death nail to the Bush legacy. You're absolutely right.

• 1:28:13Speaker 06

  That's it. That's it. There's no coming back from that, bro. It's cooked.

• 1:28:18Adam Sosnick?

  That is the equivalent of being a stand-up comedian.

• 1:28:20Speaker 06

  That's what we call a crash out. That's a crash out.

• 1:28:22Adam Sosnick?

  I fully agree.

• 1:28:23Speaker 06

  And that's what we also call a real poll. So, I'm from Iowa. The point is that you can see who brings energy to rooms in Iowa, right? You can see with the candidates. Look at how sad that is. He's at a nursing home. He's at a hospice house, clearly, like a hospice center, giving a speech in his little country club, half zip. Yo, I am so glad that era of the Republican Party is done. They weren't Republicans. So, I want to, if I may, correct you. It's not MAGA. It's populism, nationalism. That's what Trump represents. Nationalism and a very muscular populism in his policies. And I think that what clearly George W. Bush has represented, and what every president has represented

• 1:29:05Speaker 06

  for my entire lifetime, is globalism and the selling out of America. And that's the actual fight here. And it's a weird way to think about it, but that's what makes Barack Obama almost closer to Trump than Bush. Like, if you were to look at the parties, because what Barack Obama tried to do was almost, like, kind of that. He, of course, failed, and I think he was a liar about it all. And when push came to shove, he chose divisiveness and, obviously, our enemies over America every day. But in the way that he communicates, that actually makes Obama and Trump closer than even a Bush, right? There's this crazy clip, man, I hate to do this. There's this crazy clip of Bush saying, "What are the biggest evils facing America?" And it's way back in the day. It was when he

• 1:29:47Speaker 06

  was running in 2020, and he goes, 2000, in the year 2000, forgive me, and he goes, "The biggest evils facing America today," got to do the Bush, "facing America today are all of the isms, okay? Nationalism, populism, racism." And he puts them all together.

• 1:30:05Adam Sosnick?

  Gee, how is it?

• 1:30:06Speaker 06

  And it is like, wait a second. This is unbelievable, because this is actually, you know, with the exception of the racism, this is actually talking about America first. Like, Bush was actually running on a globalist platform. This guy doesn't even exist in the same solar system as Donald Trump, right?

• 1:30:22Adam Sosnick?

  Remember Bush Senior, in a State of the Union address, turned to all of us and attempted to inculcate us with the

• 1:30:30Speaker 06

  The idea of the new world order. Man, yes.

• 1:30:34Adam Sosnick?

  I would say, I would say one thing, I would say that you said, you said that Trump is closer to Obama. I would say that Trump is closer to Bernie Sanders.

• 1:30:42Speaker 06

  Yeah.

• 1:30:42Adam Sosnick?

  That sort of.

• 1:30:43Speaker 06

  Yeah, maybe.

• 1:30:43Adam Sosnick?

  Economic nationalism, populism, you know, I remember people at the time, they were like, I'd, I'd vote for Bernie. I'd vote for Trump. Those two are complete polar opposites. And then Bush and Obama, they're more similar because obviously, you know, they're 10th cousins. So there, there's a lot of family legacy right there.

• 1:31:00Speaker 06

  Family comes first.

• 1:31:02Speaker 06

  Here's a new world order clip.

• 1:31:04Patrick Bet-David?

  It's pretty wild going through this, uh, next story here.

• 1:31:10Patrick Bet-David?

  Rob, can you pull up the, the Anderson Cooper clip? This is Anderson Cooper. I mean, just a very embarrassing moment for him in his career. How do you mess this thing up? How do you not know? How does somebody as professional and being a Vanderbilt as yourself not know to properly introduce this young they them by the proper pronouns? How do you not do that as a professional, Rob? Go ahead, go ahead and play this clip, please. Go ahead.

• 1:31:30Speaker 04

  Paul, we're back with Senator Bernie Sanders. Um, I want to introduce Grace Thomas. She's a local civil rights attorney. She's a Democrat, right? They them pronouns, actually. Thank you. Oh. The evening, Senator Sanders. Um, polling and turnout data indicate that men of all racial demographics are turning away from the Democratic Party. But of course.

• 1:31:50Patrick Bet-David?

  Play that one more time, Rob.

• 1:31:51Adam Sosnick?

  Yeah.

• 1:31:51Patrick Bet-David?

  Just one more time.

• 1:31:53Speaker 04

  Paul, we're back with Senator Bernie Sanders. Um, I want to introduce Grace Thomas. She's a local civil rights attorney. She's a Democrat, right? They them pronouns, actually. Thank you. Oh.

• 1:32:03Speaker 04

  The evening, Senator Sanders. Um, polling and turnout data indicate that men of all racial demographics are turning away from. You know what I've done right then and there? I was like, no, no, no, timeout. No, we're not doing that. Next person. I'm not playing that game.

• 1:32:15Speaker 06

  Look at Bernie's face.

• 1:32:16Speaker 04

  Yeah, Bernie, look at Bernie, he has no idea what's happening.

• 1:32:19Adam Sosnick?

  Well, she said they, he only sees one. He's trying to find. Yeah. How do I, uh, what do I call it? When I, whenever I use the pronouns them, I'm talking about all of my beach houses.

• 1:32:29Speaker 04

  Yeah.

• 1:32:30Adam Sosnick?

  Them, them.

• 1:32:31Speaker 04

  That's the face.

• 1:32:32Adam Sosnick?

  Those are the Dems I'm talking about. I am a socialist.

• 1:32:35Speaker 04

  Look how shocked, like, look how confused. He's looking for more people inside of, like, he doesn't know what the hell is going on. And the fact that, oh, if I, I'm telling you right now, Anderson Cooper should have said, excuse me, ma'am. Ma'am, you, we're not playing that game. You're a girl. Answer, ask the damn question. Like, the fact that they're still, still to this day, like, what do you?

• 1:32:54Speaker 06

  Be the end of his job and see.

• 1:32:55Adam Sosnick?

  I like Anderson Cooper. It sounds like he sat on an ice cube. Oh.

• 1:32:59Speaker 04

  No, it's like, give me a freak, and again, that's why this freaking party is gonna be doomed for the longest time, bro. That is it. That's the clip, right there to show you where there still are. They're not breaking, they're not deviating. They, them. I would be like, no, no, no, we're not. Who the hell are you? What's your name? You're one person. Next. Move on. It's ridiculous.

• 1:33:17Patrick Bet-David?

  Do you know what it is, though? Like, for a CNN, um, there's been, there's been speculation, the company's probably worth somewhere between one and a half to two billion dollars. And Zucker tried to raise some money a couple of years ago to be able to buy it for five or six billion dollars. Tom, we've talked about this before. Yeah, Jeff Zucker, not Mark, right? No, no, Jeff Zucker, not Mark Zuckerberg. Zucker, who was a former, who was he with them? NBC, he's a big guy. Yeah. So, you know, there's these conversations. Until CNN doesn't get back to common sense with things like this, the rest of the logical world is just not interested in watching them. Because it's an embarrassing thing that's going on right now. Even yesterday, Scott, uh, what's his name? Scott Jennings? Scott Jennings. He had a moment yesterday on CNN. Did you see, that's why he got fired?

• 1:34:02Patrick Bet-David?

  Did you see what Scott Jennings?

• 1:34:03Speaker 04

  Scott Jennings got fired?

• 1:34:04Patrick Bet-David?

  No, no, no, no, no. He told, Scott Jennings tells this later. So, you're upset we got? Fired, yeah. Just type in, you'll see. Uh, that's the one right there. Watch his clip, Rob. Watch his clip, Vinnie.

• 1:34:14Speaker 07

  You cannot just go and say, I like it, it's mine now. It doesn't work that way. Well, that is what they're trying to do. And in this new world order, yeah, absolutely. When they're looking at Greenland and say, I like it, I want to take it for mine. That is a very colonialist idea. You have said, you are.

• 1:34:28Adam Sosnick?

  I have never, ever said we're going to go to Greenland and quote, colonize it or steal it. That's crazy.

• 1:34:33Speaker 07

  You're not a member of government, so you're irrelevant at this point. I'm talking about the President of the United States doing that.

• 1:34:37Adam Sosnick?

  You got fired from your job.

• 1:34:43Speaker 07

  Scott, if you want to engage in personal insults, what you lack in a legitimate point, you make up for in personal insults. The point I am making is in this new world order, we are looking at countries, whether or not they're an adversary or ally.

• 1:34:57Patrick Bet-David?

  Who was she that got fired? She's a sassy woman, I know that.

• 1:34:59Speaker 04

  She wants to hit him so bad.

• 1:35:01Speaker 01

  Cross is her name and

• 1:35:04Adam Sosnick?

  Rob, your mic's not working, buddy.

• 1:35:05Speaker 01

  Tiffany Cross? Can you hear me now?

• 1:35:07Speaker 04

  Yours is not working.

• 1:35:08Speaker 01

  She was the host of The Cross Connection on MSNBC.

• 1:35:13Patrick Bet-David?

  When did she get fired?

• 1:35:14Speaker 01

  It looks like 2022.

• 1:35:17Patrick Bet-David?

  She really got fired in 2022?

• 1:35:20Speaker 01

  It says, uh, informed MSNBC informed her production staff that her contract would not be renewed on November 4th, 2022.

• 1:35:27Patrick Bet-David?

  Kinda, so he's saying she got fired.

• 1:35:29Speaker 01

  Yeah.

• 1:35:29Patrick Bet-David?

  Yeah, so until CNN kinda gets their stuff together and brings more people like Scott, and they're going more logic, their best talent right now is Scott Jennings. I call him the CEO of the company. He's run the company right now. He owns the entire property.

• 1:35:41Speaker 04

  And if they don't have the, if they don't have that,

• 1:35:43Patrick Bet-David?

  They lose.

• 1:35:43Speaker 04

  Nobody is watching CNN. The only reason that show is one of the most popular shows is because they kinda let him cook a little bit, even though they keep, they constantly tell him to shut up. He is surrounded by freaking, you know, but jackals, you know what I mean? And he's just the only one that's spitting the truth.

• 1:36:00Adam Sosnick?

  The woman who corrected Anderson Cooper on the they/them, that's not an anomaly. That is sort of, that is built into the system. At this point, you're not gonna reverse that overnight. You know, there's a story here, Pat, if you don't mind, I can read this.

• 1:36:14Speaker 01

  Go for it.

• 1:36:14Adam Sosnick?

  The Air Force pulls back on personal pronouns in emails. The Air Force, Vinny, I know you-

• 1:36:20Speaker 01

  Emails and emails, you said.

• 1:36:21Adam Sosnick?

  I know you were in the-

• 1:36:22Speaker 01

  Air Force.

• 1:36:22Adam Sosnick?

  Air Force. So the US Air Force is reversing its ban on including preferred pronouns in email signatures and other professional communications. So they've rescinded an earlier directive to cease the use of preferred pronouns, AKA, he/him, she/her, they/them, our favorite thing, to identify one's gender in identical communications. So this is so baked into the cake already. It's not just one-offs, right? This is the Air Force that has they/them in their freaking emails. I told you the story the one time when I'm in the back of an Uber and this guy picks up, it's a Ford F-150, the back of an Uber. And I'm leaving actually CPAC of all places.

• 1:37:03Adam Sosnick?

  And there's this dude, I'm talking a man's man, and I'm looking at the app and I'm like, okay, Bill in a Ford F-150, he/him? Okay, so I'm sitting in the back of he/him's car and I go, hey, Bill, I gotta, I just gotta ask you a question, dude.

• 1:37:19Adam Sosnick?

  Did you wanna put the he/him in there? Or is that, did they make you do that? He goes, look, man, I'm just filling out the, the data and that's, I had to put it in the Dropbox and I, I went with he/him, I didn't have a choice. I go, if you could reverse that, would you? And he's like,

• 1:37:39Adam Sosnick?

  you recording me right now, buddy? It's like, nah, just me and you. He goes, he/him, like, I want that bullshit. Like, it just, he had to check it. He was the Uber driver. He had to check it in order to basically sign up for Uber in this case. So that's what I'm saying. It's so baked, baked into the cake, the one-off lady criticizing Anderson Cooper, companies infuse that. Now we're starting to see companies basically reduce their DEI, reduce their ESG, but it's gonna take a while. It's not gonna happen overnight.

• 1:38:08Speaker 04

  You hear about the milit, you talk about the military? Did you hear about the military? I think she was like a NATO Colonel or somebody. She refused to put Trump and, uh, what's his name's, uh, JD Vance's photo up. They relieved her of her duty. They're like, you're not gonna put the photo of the president? Out. But, uh, yeah.

• 1:38:26Patrick Bet-David?

  Okay, last story here that we're gonna get into two or three stories and then we'll wrap up. Here we go. This one's a very, um, technical story, but very important story to anybody that's a business owner. This is how you get creative. Restaurant offers diners a bigger discount to skinnier people.

• 1:38:45Speaker 04

  Have you seen this already?

• 1:38:46Patrick Bet-David?

  So the skinnier you are, they're giving you a 20% discount.

• 1:38:50Speaker 06

  I don't think you tried to ask. This is amazing. I, I told him oatmeal. Is that your friend? Yeah, I told him oatmeal.

• 1:38:56Patrick Bet-David?

  If I met him, he'd be like, stop.

• 1:38:59Speaker 06

  You need some butter.

• 1:39:01Patrick Bet-David?

  If you can make it through, 15% discount.

• 1:39:04Speaker 04

  And they're watching you to see it, right? Yes.

• 1:39:07Speaker 06

  Can you do 10? Hold on, he's doing it. Oh, no. Oh, my gosh. What if he gets stopped? He's gonna take the whole thing.

• 1:39:17Speaker 06

  RFK is going to mandate these at every

• 1:39:20Patrick Bet-David?

  So he ends up getting what? No, no, keep playing it.

• 1:39:22Speaker 06

  Every golden corral. Do you want to come in here, you slob? Yeah. You want to come in here and mainline Cheetos?

• 1:39:28Patrick Bet-David?

  He's got 5%.

• 1:39:29Speaker 06

  Yeah. You're gonna get through, you gotta get through the RFK fat camp humiliation bars.

• 1:39:35Patrick Bet-David?

  What do you think about this?

• 1:39:36Adam Sosnick?

  Look all the way to the right, there's the full price.

• 1:39:38Patrick Bet-David?

  How big is the full price, Rob? Full price is anybody's.

• 1:39:41Speaker 04

  Rob barely finished the full price bar. The full price bar, I think, is just wide open. It's like, what?

• 1:39:46Patrick Bet-David?

  Yeah, it doesn't show. By the way, what do you think about this? You go up to a restaurant, you see this. What do you think about this?

• 1:39:51Speaker 06

  It's great. I mean, it's great. I mean, first off, it's good fun, and everyone's clearly having a blast there. And then, second off, who doesn't want a healthier country? And if you can't fit through the first three rails, do you really need to get the fried egg rolls? Like, do you really need them? You know, this is in Thailand, where this restaurant is. So like, if you can't fit through the first three bars, you know, if you can't get through the rails, you know, no wantons for you.

• 1:40:15Speaker 04

  Yeah, but what kind of anorexic? Look at the 20%. You have to be a freaking toothpick to get into that. Like, what kind of girls are you taking out on dates? Like, listen, get your ass through there. Get your bony ass through the 20%.

• 1:40:28Speaker 06

  Right, so then, if you get a 20% discount, you're gonna eat more, you know? Put some meat on the bones.

• 1:40:31Speaker 04

  Yeah, exactly. I think, like Betty said, it's creative, it's fun, and I guarantee you, like, couples are like, it's gonna make you be like, yo, you know what? I need to lose a couple.

• 1:40:39Speaker 06

  RFK just roasted the governor of West Virginia, just to his face. He said, "You're fat." He just said, "You're fat," you know? Like, lay off on the flaming Cheetos.

• 1:40:48Patrick Bet-David?

  Play that clip off, we have that one.

• 1:40:49Speaker 06

  And he did. He said, "I'm gonna put you through fat camp." RFK said it to his face. He's standing there on stage, that's the governor. He said, "It looks like you ate the prior governor." Yeah.

• 1:40:57Patrick Bet-David?

  Play it.

• 1:40:58Speaker 06

  I'm for it.

• 1:40:59Speaker 04

  I said to Governor Morris, the first time I saw him, I said, "You look like you ate Governor Morris."

• 1:41:08Speaker 04

  And there was a lot of talk about getting healthy again, and I'm very happy that he's invited me to be his personal trainer.

• 1:41:20Speaker 04

  And I am gonna put him.

• 1:41:24Speaker 06

  Oh my god.

• 1:41:27Adam Sosnick?

  I'm gonna put him on a really rigorous regimen. And we're gonna put him on a carnivore diet.

• 1:41:35Speaker 06

  Yes.

• 1:41:36Adam Sosnick?

  We're gonna make him do, raise your hand if you want Governor Morrissey to do a public weigh-in once a month.

• 1:41:43Speaker 06

  Oh, I love that.

• 1:41:45Adam Sosnick?

  Cooked!

• 1:41:46Speaker 06

  Whoa!

• 1:41:47Adam Sosnick?

  And then when he's lost thirty pounds, I'm gonna come back to the state and do a celebration and a public weigh-in with him.

• 1:41:54Speaker 06

  That's just amazing. Dude, I love that. The Trump administration is bringing back bullying. If you really, if you rethink a lot of the old, if you rethink a lot of the old comedies and a lot of the old films from the eighties, you know, the bullies enforced the societal norms and the standards, right? And he's bringing back bullying, you know? I don't, this, I think, is, one, comedy gold. It's funnier than SNL, what RFK Junior did there. And then, two, well, listen, you're gonna live a healthier, better life.

• 1:42:24Speaker 04

  And you know something else?

• 1:42:25Speaker 06

  Hmm.

• 1:42:27Speaker 04

  Pat and I will understand that. Oh, no, Adam will understand it too, because where we come from. You know what we were seeing there? It says, "I thought I was looking at the underwriting model for the average life insurance policy." Because the healthier you are, the better price you get.

• 1:42:40Speaker 06

  That's very interesting.

• 1:42:41Speaker 04

  And so, it's comical to see it at a restaurant, but you know what happens in real life? The healthier you are, you get benefits in this life.

• 1:42:49Speaker 06

  Interesting.

• 1:42:51Adam Sosnick?

  Yeah, I mean, it's the exact opposite of what's going on in America for the last five, ten years. I mean, this happened, and I believe, in Thailand. So, the chances of this happening in America are nonexistent. They would just have, you have to go through these bars to get in there, they would just, are fat, sloppy, overweight people here in America.

• 1:43:09Speaker 06

  Aren't they making people pay for double plane tickets now?

• 1:43:11Adam Sosnick?

  Exactly.

• 1:43:11Speaker 06

  There's airlines that are now charging people for double seats.

• 1:43:14Adam Sosnick?

  Well, of course, they're trying to reverse the ridiculousness that's been a sort of pervasive in our country. I mean, half the people in America right here, just, just go through the front door, buddy. You ain't getting through any of these bars right now. You might have to pay double. But, all these things, like, do you remember when they were basically saying, "So if you have bad credit..." You actually will get a lower rate on your mortgage or your credit card because you've been paying your bills late and you haven't been establishing good credit. So you're going to get preferred treatment in the banks and the economic system. It's like, how does that make any sense? Or like you mentioned, you know, if you're fat, you're big boned and they want to give you a free seat. It's like, no, no, you gotta pay double

• 1:43:54Adam Sosnick?

  for those seats. It's the reversal. It's just reversing the, the imbecility of what's been happening here. I guarantee you one thing. When Trump is president, you will not see a trans woman win a beauty pageant. Do you remember how many trans women have won beauty pageants all across America, all across the globe?

• 1:44:16Patrick Bet-David?

  Trans woman bought the beauty pageant.

• 1:44:18Adam Sosnick?

  Yeah, those days are done.

• 1:44:19Speaker 04

  Four women buy all women.

• 1:44:21Adam Sosnick?

  And it was a dude talking. Those days are done. So.

• 1:44:24Patrick Bet-David?

  All right, let's go to the next story. Ben Shapiro says Peter Navarro should be nowhere near trade policy. Uh, this is media matters. Uh, Ben Shapiro holds. Okay. So is this a clip, Rob?

• 1:44:35Speaker 04

  Yes.

• 1:44:35Patrick Bet-David?

  Go for it.

• 1:44:36Speaker 04

  This has led to what is the most obvious proxy battle in the administration between Peter Navarro and Elon Musk. Elon Musk has been just beating the living hell out of Peter Navarro online. He called him yesterday, Peter Retardo.

• 1:44:48Adam Sosnick?

  Peter Retardo.

• 1:44:49Speaker 04

  Peter Navarro said to Elon Musk, he said that, that Elon's a car manufacturer, but he's not a car manufacturer. He's a car assembler. And then Elon responded, quote, Navarro is truly a moron. What he says here is demonstrably false. And then again, called him Peter Retardo and said he was dumber than a sack of bricks. I mean, I'm on Elon's side of this one. Gotta be honest with you. I think that Navarro's policies here are ridiculous in the extreme.

• 1:45:20Adam Sosnick?

  Eyebrows are.

• 1:45:21Speaker 04

  The White House was asked about this and Caroline Levitt gave the best response. She says that this is boys will be boys. Yeah. Except one of these boys built trillions of dollars of value in the economy.

• 1:45:29Speaker 06

  And the other one of these boys used a pseudonym Ron Vera in order to promote his cockamamie economic policies. So one of your boys is, one of your boys is Doogie Howser over here, and the other one of your boys is, is the bizarre dude from The Goonies. So, great, here we go.

• 1:45:49Speaker 07

  These are obviously two individuals who have very different views on trade and on tariffs. Boys will be boys, and we will let their public sparring continue. And you guys should all be very grateful that we have the most transparent administration in history. And I think it also speaks to the president's willingness to hear from all sides.

• 1:46:10Speaker 06

  Caroline, love it.

• 1:46:12Speaker 04

  Benny, I want to ask Benny, Benny, can I ask you a question? Yeah. I don't know, something in the past year has happened to this guy. I used to, I used to watch Ben Shapiro, like, I like, I mean, bro, when he was on Piers Morgan and showing the Constitution and being that guy, um, let's, and this is in regard to Trump, and I want to, I want to, I want to ask you this question. So in 2016, he backed Ted Cruz, okay? And then lately, is it just me, he's just been anti-Trump with his rhetoric. And mind you, Trump, he's the most pro-Israel person on the planet. Trump is the most pro-Israel president that we've had. This is from Bibi Netanyahu. He's complaining that Trump, uh, Israel took off the tariffs. He's like, but Trump is still putting tariffs on Israel. He came out a couple of weeks ago and he said-

• 1:46:54Speaker 06

  I have a friend in the jewelry business.

• 1:46:56Speaker 04

  Yeah, exactly, exactly. And then, and then, Benny, he goes, I think Trump should pardon Derek Chauvin, which, if you really think about it, what that would do to the country and to his presidency would be-

• 1:47:08Speaker 06

  It's a terrible idea.

• 1:47:08Speaker 04

  Horrible. So I was wondering, what do you think about, is it his politi, what do you think he hates about Trump? Is it politics, or he just has a personal issue with Trump?

• 1:47:17Speaker 06

  I think Ben Shapiro has always disliked Trump, and he's made that very clear. I think that The Daily Wire has gone through some rocky times as a company, and I think that they're trying to cozy up to Trump for that exact reason, right, to try and like, reset the company. But listen, like, America first means America first. That means that this country, our children are going to be raised in this country. We put this country ahead- of other countries and so whether it's a Ukrainian flag or whether it's an Israeli flag I I'm against the anybody who's going to sit here and try and co-opt a movement and say but actually I'm going to be a dual citizen or I'm going to be in favor of some other country over America I'm going to see some other country as an escape and I don't that just doesn't matter

• 1:48:01Speaker 06

  there's Ukraine flags in my neighborhood they sicken me it makes and I'm disgusted by it I I feel the same way about that as I would about a Chinese flag right hanging in the neighborhood during this trade war I I think that you have to choose and it goes back to the it goes back to the metaphor of turning the lights on and see who's trading in favor of your company and investing in the equities of your company and who has their foot out the door or is betting against you now to the point that Ben is making here and I think that's part of the drop off right is like part of the drop off is like we like the America first movement there's been a lot of people that have tried to like glom onto that right when it's convenient or when it's the popular thing to do and a lot of people who've backstabbed President Trump when it's

• 1:48:45Speaker 06

  fashionable to do that and I think that's where the struggle is coming from with Shapiro to his point here about the team arrivals is what they called it with Lincoln right when you have like people in your staff that are fighting each other this is a very good thing this is a very positive thing you need fresh minds and you need smart people and you need people that are that believe in something so much they'll fight for it and that's a very positive thing to have in your country it's a very positive thing to have in your company it's a very positive thing to have in your administration

• 1:49:17Patrick Bet-David?

  What was your problem with what Ben said though what did Ben said that you didn't like

• 1:49:22Adam Sosnick?

  You're asking Vinnie or you're asking

• 1:49:23Patrick Bet-David?

  I'm asking both of you guys

• 1:49:25Speaker 06

  Well my my Peter Navarro went to prison for Trump like Peter Navarro decided he he got charged by the DOJ because he wouldn't communicate with the January 6th committee so calling him a bozo or whatever whatever pejorative I think that's

• 1:49:38Patrick Bet-David?

  No he said that's what Musk called him a moron

• 1:49:41Speaker 06

  Right, so I just think that it's, all I'm trying to say here is that the team of rivals is good, and you should want that. And whatever anyone's personal opinions on this, it's very powerful to have people that believe in what they believe so strongly that they'll fight for it. Uh, Donald Trump, just this week, brought Bill Maher to the White House. That is a, that is an unbelievable genius move. Bill Maher is a weapon for his enemy. Donald Trump is bringing, first off, it shows total magnanimity for Donald Trump. Donald Trump's bringing in people that are the weapons for his enemies, and then turning those weapons against his enemies. What does Bill Maher go do? He sits down with Chris Cuomo, and has this like lavish conversation about how much he loves Trump. He literally says, "I

• 1:50:25Speaker 06

  love this guy." And that is a total 180 reversal for one of the most powerful voices on the left that was calling Donald Trump Hitler, just a couple of weeks ago. And so I think it's a genius move. This is what Trump's always done in his businesses. And so, uh, this is, you know, this I think is a huge quality of Trump, not an error.

• 1:50:47Patrick Bet-David?

  Adam?

• 1:50:48Adam Sosnick?

  Um, I'll just get right to it. So, whether it was Ben Shapiro, whether it was anybody else commenting on this, uh, the issue that you're bringing up, the team of rivals, that is the point. Whether Ben is pro-Trump or anti-Trump, or pro Elon, is almost irrelevant to me. It's the two factions that now coexist within the White House. You're very apropos with the whole team of rivals. So I talked about this the last time when we were dealing with the whole H1B visa situation. You have MAGA 1.0 that basically started in 2015, and you have MAGA 2.0 10 years later in 2025. And Peter Navarro is basically like the economic

• 1:51:27Adam Sosnick?

  nationalist version of Steve Bannon. He is MAGA 1.0. He's basically very, um, against the technocracies and the big corporations and what's happened here in America. And then you have Elon, Elon Musk sort of representing the more libertarian-leaning corporations, maybe a little bit more friendlier to China version of globalism, wanting people, you know, bringing- In the brightest minds in the world. Remember when Vivek was dealing with all the drama? Who was Vivek fighting with specifically on? Was it JD Vance? Who was Vivek fighting on over the H1 visa visa situation? Do you remember that?

• 1:52:05Speaker 04

  I don't remember who he was.

• 1:52:06Adam Sosnick?

  But the point is, it was the Steve Bannon wings of the party.

• 1:52:10Patrick Bet-David?

  It was Bannon.

• 1:52:10Adam Sosnick?

  It was Bannon. That's what it was right there. But that is the now current makeup of the team of rivals. And I'll just say this, MAGA 1.0, you needed Elon to win. You needed people like Vivek to win. So when Steve Bannon gave that Trump basic saying, "We want converts to the party," but you sit in the back of the room. Remember he said that to Elon Musk? If I'm Elon Musk, I'm looking at Steve Bannon, I go, "Who the fuck are you? What role are you playing at this point? I put $250 million into this campaign. I'm doing Doge. You're just a talking dude on the internet at this point, homie." So is MAGA 1.0, the Peter Navarro, Steve Bannon

• 1:52:55Adam Sosnick?

  wing of the party important? Of course it is. That's the base. But you needed somebody else to get you across the finish line. So they each need to respect each other and the team of rivals should coexist. But again, Team Elon is basically where I'm at.

• 1:53:09Patrick Bet-David?

  Yeah, I think what Daily Wire right now is going through on the stories that are out there, I get it. That's annoying. Running a business is very hard, especially when you're public. So you gotta try to balance running a business and deal with the public life. That's very difficult. It's very annoying. And sometimes you take a position and then you're like, oh shit, this was, maybe I could have approached it differently. Or you took that position and that 100% is you. And you're gonna get some flack with that position they're gonna have. So whatever they're going through, they're going through in a situation like this with Navarro and Musk. She's right. Credit goes to Trump that he's okay with these guys on his team debating each other to see who's gonna come up with the better idea. I actually love it. I love seeing

• 1:53:50Patrick Bet-David?

  this, that they're able to go back and forth. Same situation when Musk was having issues with Altman. He says, look, both of these, they don't like each other. It's a lot of people I don't like. What are you gonna do? They don't like each other. They gotta deal with it. It is what it is. I'm okay with it. It means he's been in situations like that of running a company, running a sales team, and having five kids that sometimes the kids are gonna go through and you gotta let them flush it out and go through it. This isn't his first rodeo. Gotta love the fact that he has that kind of experience. Alright, let's go to the next one here. Next story. Florida Senate approves ban on geoengineering and weather modification. Vinny, I'm coming to you with this one here. Let's take a look. Rob, do you have a clip on this?

• 1:54:30Speaker 01

  I do. This is Governor Ron DeSantis talking about the bill.

• 1:54:33Patrick Bet-David?

  Go for it.

• 1:54:34Speaker 02

  Senator Ilhan Garcia has legislation in the Florida Senate to ban geoengineering and weather modification in the state of Florida. I support the legislation. However, the Florida House of Representatives has gutted Senator Garcia's legislation, and they would actually codify the practice of geoengineering and weather modification. People got a lot of kooky ideas that they can get in and put things in the atmosphere to block the sun and save us from climate change. We're not playing that game in Florida. I support what Senator Garcia's doing, and I hope that people will tell the House of Representatives in Florida, do not gut this bill.

• 1:55:15Speaker 04

  Vinny? Do you realize what he's saying, right? You guys know what geo modification and Rob, we talked about this on the Unusuals. I just wanna make a point. This is another theory that we've all been talking about, that everybody calls us nuts about weather modification and chemtrails and all the stuff that they put in the air, and it turns out that we're right. It's actually happening, and he's saying, we don't want it in Florida. They put stuff in the air that makes the sun reflect so we don't get hot because of the temperature. And it's like, he called it out and said that we don't want it in Florida. So that just proves, Tom, they're trying to do it. If not, they have been doing it. And that's- What they do, they mock us, they say that we're crazy, they say we talk nonsense, until the documents come out and a freaking governor has to come out and say, stop it and don't do it.

• 1:55:59Speaker 04

  And think about it, all this stuff that they spray in the air, we're breathing it, it's coming on our plants, it's going on the food, and then we wonder why respiratory disease is up, cancer is up, the food is trash, everybody's getting poisoned and the water sucks, and they act like it's business as usual. So it's not a freaking theory, it's another lie that's been exposed, and I love it.

• 1:56:19Adam Sosnick?

  Well, you know what's really interesting about this when you dive into it? You know who the penalty is for?

• 1:56:23Speaker 04

  Who?

• 1:56:24Adam Sosnick?

  It's for aircraft operators.

• 1:56:25Speaker 04

  Weird!

• 1:56:26Adam Sosnick?

  So, we're gonna find 100,000, 5,000, and 5 years in prison for aircraft operators. So guess who you're not talking about? The companies that are making the chromium sulfate and all these other things that are in the atmosphere.

• 1:56:40Speaker 04

  Aluminum oxide, too.

• 1:56:41Adam Sosnick?

  Correct, and there's things that they put up there to prevent global warming and reflect the sun, but there's other things they put up there because they want to create cloud seeding, and they want it to rain. And so, why would this be an issue in the state of Florida? Well, because we have a big agricultural industry here, and you've got companies that's like, hey, I'd like to help the agricultural industry, you pay me this and, you know, I'll fly around and see if I can make it rain. Well, they can't, so I don't know why this doesn't attempt to make the chemicals illegal, because what they go after is, it's a third degree felony, so in other words, it's the guy that flew the dope, but the dope's legal.

• 1:57:23Speaker 04

  Yeah, exactly.

• 1:57:24Adam Sosnick?

  I mean-

• 1:57:25Speaker 04

  It's what it says.

• 1:57:26Speaker 06

  How old are you? This is like, are you old enough to remember Alex Jones with like a Nokia camera? It's chemtrails, chemtrails, you see them, they're chemtrails. And now, that used to be like the cuckoo pants thing, you're crackpot, if you believe that. Now it's like you have to write legislation against it, so who are the crackpots?

• 1:57:41Speaker 04

  And Benny, how many more things do they have to come out that we have to be like, we told you so? How many more documents, how much more CIA stuff? There's another, Pat, another story about the CIA, Pat, about Hitler, do you mind? Go for it. Hitler, so the CIA files reveal that the search for Hitler in South America, 10 years after his suicide, as Argentina prepares right now to release classified documents on Nazi fugitives. And Rob, you did a story on Unusus, right? Even the skull of Hitler, what did they find out?

• 1:58:11Speaker 06

  Well, so the Russians tested the skull that they found in the bunker and what they say the skull that they claim belonged to Adolf Hitler was actually the skull of a woman in her 30s or early 40s.

• 1:58:22Speaker 04

  Which would have been Eva Braun. So the CIA.

• 1:58:25Adam Sosnick?

  Wait a minute, Hitler was a girl?

• 1:58:28Speaker 04

  I heard he wears dresses.

• 1:58:29Speaker 06

  Whoa, whoa, whoa, Hitler was a they/them?

• 1:58:30Speaker 04

  Yeah, he's they/them.

• 1:58:33Speaker 06

  Hitler's proper pronouns.

• 1:58:35Speaker 04

  Adam's hilarious. No, but Adam, so the CIA files are saying that they were, the CIA was searching for a guy that everybody said committed suicide in this bunker, but they, they knew Hitler might have escaped, so they kept looking for him for 10 years after. But in the public eye, they told that he was dead. Okay, they chased leads to South America, South Africa and Colombia. They had names, they had locations, and they followed tips from people who claimed they saw him. And all that time, the American people were fed a fairy tale that he was in a bunker, and that's a photo that they said that was leaked, right, Rob?

• 1:59:04Speaker 06

  Yes, and that's him with another guard from the SS who had escaped to South America.

• 1:59:10Speaker 04

  Yeah, so apparently, and from stories, Rob, allegedly in the news, Argentina was a safe haven for Nazis. Not a theory, it's a fact. Thousands fled there. The country is now preparing, like I said, to release the documents that could show who funded them, who moved them there, who protected them, and that silence wasn't an accident, it was by design. And again, going back to my point, they lied to, how many times have we been lied to? JFK, weapons of mass destruction, lied about Vietnam, lied about Covid, lied about Epstein, lied about every single thing that matters, and every time something like this comes to light, Benny, they're just like, okay, okay, yeah, you guys, next, and, and we move on. I think it's ridiculous.

• 1:59:44Adam Sosnick?

  So the Hitler files come out before the Epstein files. Didn't have that on my Bebe card.

• 1:59:50Speaker 06

  So, it's called, it's called a rat line.

• 1:59:53Speaker 04

  Yeah.

• 1:59:54Speaker 06

  A rat line was a line that was a, a, a way of travel for tens of thousands. They know that at least 10,000 or more Nazis got out of Germany through Spain to Spanish South America. And this is how, this is how rat lines worked, and some of the biggest, uh, names actually in, in some of the, uh, Nazi leadership got out through here. I think Josef Mengele did.

• 2:00:18Speaker 04

  Yeah. He was the worst.

• 2:00:20Speaker 06

  Yeah, that's right.

• 2:00:21Speaker 04

  He was experimental doctor.

• 2:00:22Speaker 06

  Yeah, that's right. And they went and they, they lived, some of them lived till very old ages, uh, in Argentina, and I think were never, you know, were never caught. And so that, that's something that did happen, that's 100% real. Uh, some of them traveled by boat, some of them traveled by submarine, and there are zero, zero. Forensic remains of Adolf Hitler that has ever been uncovered inside of a bunker in Germany or in the Soviet spy museum.

• 2:00:50Speaker 04

  Yeah, and by the way, the CIA, you don't chase the dead man unless you know he didn't die. Period. What are they searching for? You're not searching for Hitler if he, it doesn't make any sense. You know what I mean, Tom?

• 2:01:01Adam Sosnick?

  Yeah, it's, and it's like the people that say that Ken Lay didn't die and Ken Lay went down to Belize.

• 2:01:07Speaker 04

  And was chilling there for a while.

• 2:01:08Adam Sosnick?

  Right, you can, you read the same thing. And so someday are we gonna find out that people with powerful friends like escaped and got to some other places? You know, what I, what I love is that God is a just God and they cannot run God.

• 2:01:22Speaker 06

  Amen. Yes, that's right. Is Epstein alive or was that like a fake Epstein on the stretcher?

• 2:01:26Speaker 04

  Well, he interviewed the brother and what did the brother say?

• 2:01:30Patrick Bet-David?

  He had, he had a lot of things to say. I mean, we, a lot that day when he came in. But in, in regards to whether he's alive or not, he's saying they killed him. That's what he said.

• 2:01:39Speaker 04

  The brother did.

• 2:01:40Patrick Bet-David?

  The brother said they killed him.

• 2:01:41Speaker 06

  Cause people love the photos and they're like, that's not actually Epstein.

• 2:01:43Patrick Bet-David?

  My brother didn't kill himself.

• 2:01:44Speaker 04

  He said my brother didn't kill himself. Okay, that's what it was.

• 2:01:45Speaker 06

  Yep.

• 2:01:46Patrick Bet-David?

  Adam, your thoughts on this?

• 2:01:47Speaker 06

  They flipped the breaker.

• 2:01:48Adam Sosnick?

  I'm just sitting here learning a lot. I was, I thought we were talking about geoengineering and weather modification and I'm just glad that we confirmed that the Holocaust did happen.

• 2:01:57Speaker 06

  Yeah.

• 2:01:57Adam Sosnick?

  Thank you. Cause there's been a lot of debate about that. So thank you for confirming, you know, when we talked about Ron DeSantis, I didn't think we were going Hitler, but Vinnie.

• 2:02:07Speaker 04

  Well, you didn't know.

• 2:02:07Adam Sosnick?

  We went there.

• 2:02:09Speaker 04

  Well, you didn't know that Obama and Bush Junior were cousins.

• 2:02:11Adam Sosnick?

  Ten cousins.

• 2:02:12Speaker 04

  Adam, I'm here to teach you.

• 2:02:13Adam Sosnick?

  No, you're teaching, you're teaching all of us.

• 2:02:15Speaker 04

  I gotta shake your little head.

• 2:02:17Adam Sosnick?

  Yeah, no.

• 2:02:18Speaker 04

  And get it.

• 2:02:18Adam Sosnick?

  I learned a lot.

• 2:02:19Speaker 04

  Thank you.

• 2:02:20Adam Sosnick?

  You know, being born and raised in Miami, I've never had to worry about whether it's raining or not. Uh, it happens. I didn't think that Hitler'd come up in here. When I think about making it rain, being in Miami, I'm thinking of Fat Joe and Lil Wayne.

• 2:02:32Speaker 04

  Yes.

• 2:02:32Adam Sosnick?

  At Club 11. That's what I'm thinking about. But thank you for clarifying and thank you for teaching.

• 2:02:37Speaker 04

  But here's like, wait.

• 2:02:38Adam Sosnick?

  I'm gonna enroll in Vinnie's.

• 2:02:39Speaker 04

  But.

• 2:02:40Adam Sosnick?

  Geoengineering class coming soon.

• 2:02:42Speaker 04

  But question to you.

• 2:02:43Adam Sosnick?

  In your unusual suspect circle.

• 2:02:45Speaker 04

  But question to you, does it, is it bothering you at all that the governor of the state that you live in is saying, don't spray. Spray stuff in the sky to mess with Florida. Now, hold on, Adam, and I'm talking about your breathe. The stuff that just come, we're by an airport, right? The stuff that just comes out of the fuel. Fuel alone is not good for us. I get it, we still have to fly. But if they're spraying stuff because they think that we're messing up the atmosphere and the ozone, that should be a problem. And it goes to my point that what the Hitler story came in is they have been lying forever, forever. And this is just another one. The Hitler one was just in my.

• 2:03:19Adam Sosnick?

  Who's they?

• 2:03:20Speaker 04

  They, them.

• 2:03:21Adam Sosnick?

  They, them.

• 2:03:21Speaker 04

  They, them.

• 2:03:22Adam Sosnick?

  That's a callback.

• 2:03:23Speaker 04

  Yeah.

• 2:03:23Adam Sosnick?

  You gotta make sure. So it's more than one.

• 2:03:25Speaker 04

  Yeah, more than one.

• 2:03:26Adam Sosnick?

  They, them. I'm just genuinely grateful that you're on this topic.

• 2:03:30Speaker 04

  Yeah.

• 2:03:30Adam Sosnick?

  And I'm just gonna focus on, you know, the markets and all that. You just keep in touch with geoengineering Hitler.

• 2:03:38Speaker 04

  Let me ask you a question.

• 2:03:39Adam Sosnick?

  And maybe they'll bring Hitler back with the woolly mammoths.

• 2:03:41Speaker 04

  That's the scary part.

• 2:03:42Adam Sosnick?

  Exactly.

• 2:03:43Speaker 04

  Yeah, the woolly mammoth.

• 2:03:47Speaker 04

  Bring back Hitler, raise him so you could kill him, right?

• 2:03:50Adam Sosnick?

  If you had a chance to kill baby Hitler, would you?

• 2:03:52Speaker 04

  Yeah, you would.

• 2:03:53Adam Sosnick?

  We are, we are just all over the place.

• 2:03:56Adam Sosnick?

  Go to the website and get the future looks like bong so you can think this way.

• 2:04:03Patrick Bet-David?

  Anything else with the two of you guys? You guys are good.

• 2:04:05Speaker 04

  I think we're good.

• 2:04:06Adam Sosnick?

  No, me, him and hi, him and her, they, them, we're gonna go have lunch after this.

• 2:04:10Speaker 06

  Yeah, you're they, them.

• 2:04:11Patrick Bet-David?

  All right, let's do this last one here, okay? Panama Canal, Panama files criminal charges against Chinese-linked canal port owner CK Hutchinson for breach of contract. So Tom, when I'm reading this, what it tells me is the fact that they want US to own that place, not China to own that place. That's kinda how I'm reading this. Let me read the whole story and then I'll come to you.

• 2:04:38Adam Sosnick?

  Panama's getting a phone call, that's what happened.

• 2:04:39Patrick Bet-David?

  Well, Panama's getting a phone call. I see what you're saying, got it. So Rob, I'm trying to find a page. I don't know if I got it here. So Tom, why don't you tell us, what's your biggest takeaway from the story with Panama Canal and Panama not being happy about it?

• 2:04:51Adam Sosnick?

  So Panama's Controller General, so this is a government official. This is like the guy in their, you know, Congressional Budget Office equivalent in Panama is saying. That a criminal complaint by the government has been filed against Panama Ports Company, which is subsidiary of Hong Kong-based Hutchison Port Holdings, which is the WK Hutch and the guy Lee Cashin. And so what people are speculating, and I am, and I don't think this is a conspiracy, it seems kind of weird that a deal with BlackRock was almost done for the two key ports, because there's many ports, but there's the key ones, Balboa and whatever the other one is, Diego, whatever it is.

• 2:05:34Speaker 04

  Diego Garcia?

• 2:05:35Adam Sosnick?

  Yep, no, no, that's in the Indian Ocean, that's the base. Anyway, there's two key ports there that BlackRock had this big deal to buy from, you know, Lee Cashin. And all of a sudden, he gets a phone call, apparently, from Beijing that says, "Maybe slow-roll your purchase here." And he said, "Well, I'm still upset with you." And they said, "I told you to slow-roll your purchase." Then Panama comes out, because the US government was the ones that wanted BlackRock to buy this thing. The administration thought it was a really good idea for BlackRock to do this. So I feel like the CIA or somebody has called Panama and says, "Excuse me, it is a really good idea for BlackRock to do this." Yeah, well, China's stopping the WK, the Hutch guy, Lee Cashin.

• 2:06:18Adam Sosnick?

  He said, "Are they behind on their rent payments? Have they paid their taxes? Do they have any outstanding parking tickets?"

• 2:06:24Patrick Bet-David?

  They're behind a lot, by the way.

• 2:06:25Adam Sosnick?

  And they're, turns out, they're behind on more than a parking ticket.

• 2:06:28Patrick Bet-David?

  That's right, a lot.

• 2:06:29Adam Sosnick?

  It's like $300 million.

• 2:06:30Patrick Bet-David?

  That's right.

• 2:06:31Adam Sosnick?

  And then we said, "Perfect. Start the process to seize it." And that's what this is. This is the government starting the process, basically, to foreclose, is basically what you have here, which is exactly what the US would want. And it says, you know, "Because we can have a little auction, and, oh, BlackRock will show up and win the auction." And they get the ports anyway. So I feel like what we're watching here is a 3D chess game with the ports in Panama being played, because it is strategic. Strategically important to do what, what needs to be done here. And I think it's, it's gonna get done one way or another, and this is one of the, or another's.

• 2:07:12Patrick Bet-David?

  Got it. Benny, do you have any opinions on this, on Panama Canal?

• 2:07:15Speaker 06

  The Panama Canal's ours. What I mean by that is it's sovereign American territory. The only reason the Panama Canal exists is because America went and built it. And then, when it was built, it was American sovereign land for 10 miles north and 10 miles south, once the canal was built. That lasted for 100 years. Why we gave that back is so stupid, and it's so dumb. It is ours. You go down there, there are American military bases, there's American construction, the entire thing was totally laid with American blood. And so, uh, this, this has kind of this, this history to it that is not Chinese, uh, that does not belong to our enemies, and I think it should belong back to America.

• 2:07:57Speaker 06

  I, I really do. I think it's like claiming, almost like a birthright, uh, for something that couldn't, that, that wouldn't have been possible without our country. Other nations tried to do it. France started the Panama Canal. They couldn't complete it. They couldn't get it done. Uh, and they, they failed. They, they abandoned it. And it was America that stepped in, and also, one final thing, very interesting. Panama's not a real country. Panama belonged to Colombia. Panama became a real country with American might and naval resources to build the Panama Canal. So Panama should thank us, the leaders of Panama should thank us for the existence of their country, just like China.

• 2:08:32Adam Sosnick?

  Hmm. Do we have a clip of Pete Hegseth, uh, talking about-

• 2:08:35Speaker 06

  People forget about that part. Panama literally was the Alaska for Colombia. It was this thing way over here that you owned.

• 2:08:40Adam Sosnick?

  Interesting.

• 2:08:41Speaker 06

  Yep, that's right.

• 2:08:42Patrick Bet-David?

  What is this, Rob? Uh, this is Pete Hegseth. He was at the canal, I believe this was yesterday or on Tuesday, where he talks, uh, pretty much about what Benny had said. So that's Panama City Panama, not Panama City by Florida. Correct. He's at the canal. Panama City nightlife is phenomenal.

• 2:08:56Adam Sosnick?

  Spring break. It is, it is a spring break time of year.

• 2:08:59Speaker 06

  Secretary Pete's also in favor of that, so.

• 2:09:02Patrick Bet-David?

  Go, go ahead.

• 2:09:03Speaker 06

  That's messed up, bro. No, it's not. He likes to party!

• 2:09:09Patrick Bet-David?

  Go ahead.

• 2:09:11Speaker 02

  Panama and the United States, less secure, less prosperous and less sovereign. And as President Donald Trump has pointed out, that situation is not acceptable. We are grateful to President Molino, Minister Abrego, and your teams, along with the Panama Canal Authority, for responding to these threats and safeguarding the canal.

• 2:09:38Speaker 02

  President Molino's decision to withdraw from the Belt and Road Initiative reflects his government's clear understanding of China and the threat it poses. I want to be very clear. China did not build this canal. China does not operate this canal. And China will not weaponize this canal.

• 2:10:02Speaker 02

  Together with Panama in the lead, we will keep the canal secure and available for all nations through the deterrent power of the strongest, most effective, and most lethal fighting force in the world.

• 2:10:17Patrick Bet-David?

  That does kind of look like right outside of Club La Vila in Panama City. That does look like it. Adam, go ahead.

• 2:10:23Adam Sosnick?

  I think what I find it's interesting is that of all people to be speaking about this, why the Secretary of Defense? Not Secretary of Commerce, not buddy who specializes in trade, not...

• 2:10:34Patrick Bet-David?

  Rubio?

• 2:10:35Adam Sosnick?

  Yeah, not Rubio, Secretary of State, like why Department of Defense? That's my only question is...

• 2:10:40Patrick Bet-David?

  Because we want to fight for it.

• 2:10:41Speaker 06

  Because Panama exists because of the American military. Panama was part of a different country. We decided as an American military movement and strategy to break that off to align with the Panamanian Independence Party and to make Panama. We made Panama.

• 2:11:00Adam Sosnick?

  We made Panama great again?

• 2:11:01Speaker 06

  It's a great, we made Panama great again, and Greenland, you have the same argument. Greenland was administered after Denmark fell to the Nazis in like, I don't know, a second. Greenland then technically was like, uh, what are we gonna do over here? And it was minutes before Nazi submarines and U-boats were showing up on Greenland.

• 2:11:19Adam Sosnick?

  Yeah.

• 2:11:20Speaker 06

  It was the American military that protected that island and that protected that island in our hemisphere and was the administrator of it for the entire war. And so, and we get no thanks for that. Instead, they spit in our faces. And so, I love the return to Pax Americana. I frickin' love it. I live it in the golden era.

• 2:11:39Adam Sosnick?

  What I think is so incredible is, you know, we talked about this the other day, but like how Trump is gonna, what do you do with Iran? Yet, we're dealing with the border, we're dealing with Russia, we're doing Ukraine with Israel. We got Greenland, we got Panama, we've got, we're making the Gulf of America. There's so much stuff going on that... When did you even think about the Panama Canal before Trump? When did you think about Greenland?

• 2:11:59Speaker 06

  That's right.

• 2:12:00Adam Sosnick?

  When did you think USA is taking over Gaza? He's doing so... I don't even know if this guy sleeps at this point.

• 2:12:05Patrick Bet-David?

  I love it. I love what's going on. Now, let me tell you what did happen earlier today that everybody on the news is reacting to. So, at the, at the border, this guy's... Did you see this clip of the guy jumping? So, there's this, Rob, if you can prepare this. So, there is a guy. Look at this. This immigrant, illegal immigrant.

• 2:12:22Patrick Bet-David?

  Flies in, press plane?

• 2:12:24Speaker 06

  These are the kind of people. We need these people out of our country.

• 2:12:27Patrick Bet-David?

  This is the border. This guy just comes over.

• 2:12:30Speaker 06

  Who the hell is that?

• 2:12:31Adam Sosnick?

  Oh, no.

• 2:12:32Patrick Bet-David?

  Look at this guy. So, he looks European, like maybe even a German going to Argentina.

• 2:12:38Speaker 06

  Maybe it's German, maybe it's Russian.

• 2:12:39Patrick Bet-David?

  Watch this. Watch this.

• 2:12:41Speaker 06

  Oh, no. This guy works out. This guy works out.

• 2:12:44Patrick Bet-David?

  Look at this.

• 2:12:45Speaker 06

  Barbed wire? Dude, what kind of wall do we have, bro? And he's in shorts? Look at this guy, loser. What a stud.

• 2:12:52Patrick Bet-David?

  Who is this guy?

• 2:12:53Speaker 06

  Third world scum.

• 2:12:54Adam Sosnick?

  Oh, that's Klein. There's a Chinese guy.

• 2:12:58Speaker 06

  Oh, my. Benny comes in style, bro. They've gotta go home.

• 2:13:02Adam Sosnick?

  And he's got a backpack full of fentanyl.

• 2:13:05Speaker 06

  It's a mule. There's his mule. That's his mule. This is the cartel. This guy's cartel, and he's in. He's got his mule with him. What a drug dealer.

• 2:13:13Adam Sosnick?

  What's going on? Benny, that's a gangster ass move right there.

• 2:13:16Speaker 06

  Build the wall.

• 2:13:17Patrick Bet-David?

  You didn't want to wait.

• 2:13:18Adam Sosnick?

  Guys, I told you, walls don't work. You can go over.

• 2:13:21Patrick Bet-David?

  Guys, last but not least.

• 2:13:22Speaker 06

  You gotta go home.

• 2:13:23Patrick Bet-David?

  Before we wrap up, today's a great day. Today's the greatest man's birthday today. My dad today turns 83.

• 2:13:32Patrick Bet-David?

  Eighty-three, the man, he turns eighty-three today. Pop, at and bet at that, you're probably gonna see this year. Happy birthday. Family loves you, we love you here, you're incredible, that's him right there in the picture, look at that picture to the left, zoom in a little bit, Rob, if you can.

• 2:13:49Speaker 04

  With DJT? With DJT, Rob?

• 2:13:51Patrick Bet-David?

  Yeah, look at that, that's him and Trump at the podcast, with the family, with the kids, with everybody, even Vinnie, look at Vinnie at the beginning, go to the other side, Rob, to see, which picture you got of, is there a Vinnie pic in here?

• 2:14:04Speaker 04

  There is, it's right down here.

• 2:14:05Patrick Bet-David?

  There it is, which is this one?

• 2:14:07Speaker 04

  Look at that!

• 2:14:08Patrick Bet-David?

  You and Tico as usual, talking politics.

• 2:14:10Speaker 04

  Look at that, talking politics from back then.

• 2:14:12Patrick Bet-David?

  Yeah, and that's Little Deli Boy, and Grace and Shawnee, look at that one right there, that's Tico Boy.

• 2:14:17Speaker 04

  That's what?

• 2:14:18Patrick Bet-David?

  Look how small he is.

• 2:14:19Speaker 04

  Oh my goodness.

• 2:14:20Patrick Bet-David?

  Look how small he is, anyways, Pop.

• 2:14:23Speaker 04

  Happy birthday.

• 2:14:23Patrick Bet-David?

  Happy birthday, we love you, we will see you soon, and we're gonna have a good time. To another great year, we'll see you, anyways, Penny, great to have you on, this was a blast, looking forward to doing this again.

• 2:14:36Speaker 06

  Amazing, do you have any behind the scenes Trump story for us, when he was here? Anything you have never told anyone?

• 2:14:40Patrick Bet-David?

  Yes.

• 2:14:41Speaker 06

  Since he's on screen.

• 2:14:44Patrick Bet-David?

  Wow, no, we have some real good ones, real good ones, that, because in the middle of it, something had to happen. Where they had to leave forty-five minutes early, and we had prepared for a ninety-minute interview, and it was a three-minute negotiation live, we had to cut that clip, and he and I and nine people in front of us, Rob's in the room, Rob, we're going back and forth, and then right there he told us, we gotta go forty-five more minutes, and then we did the whole hour and a half interview. The guy was a blast, from the beginning, he came into the end, his team, class acts, phenomenal, easy to deal with, smooth, even them, even though they have the guy that's the president, the billionaire, the celebrity, they were hospitable, they were respectful, class act, beginning to the end.

• 2:15:26Speaker 04

  Yup.

• 2:15:26Patrick Bet-David?

  Beginning to the end, and it was great to see, it was great to see with him. Anyways, guys, take care, God bless, do we have a, yeah, tomorrow, podcast with Ilya Toporius going out, and then we'll do this again next week, take care, bye-bye, bye-bye.