Trump's Third Term, DOGE Exposes FEMA, Epstein Files Release, Fauci Prosecuted w/ Glenn Beck | PBD Podcast | Ep. 546

Patrick Bet-David, Tom Ellsworth, Vincent Oshana, and Adam Sosnick are joined by Glenn Beck as they cover Trump's possible third term, DOGE exposing FEMA's mismanagement of USAID funds, and 19 state Attorney Generals prosecuting Anthony Fauci. ------ ❤️ GET THE VT VALENTINE'S DAY COLLECTION:https://bit.ly/40H8RuT 📺 VOTE ON TRUMP'S FIRST 100 DAYS:⁠⁠⁠https://bit.ly/4gXLioq⁠⁠⁠ https://bit.ly/4gXLioq 👕 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 ⁠⁠⁠ 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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• 1:08Speaker 02

  Adam, what's your plan? The future looks bright.

• 1:12Speaker 03

  My handshake is better than anything I ever signed, right here. You are a 101?

• 1:17Speaker 02

  My son's right there. I don't think I've ever said this before.

• 1:25Patrick Bet-David?

  Okay, gang, lots going on. I mean, again, every time it's Tuesday, we have to ask ourselves, do we cover this story? Do we cover the story about the president being asked about JD Vance for 2028? And it's answer, within a half a second, no. Do we cover Musk being on the cover of Time magazine, claiming the fact that he's the president? And we predicted this, I don't know how many months ago. Do we cover the fact that, you know, all these other stories going on? This, this lady who was suing Uber for trying to get in the car because the guy said no to her because she weighed, what, 480 or 450? Five, almost 500. 500 pounds is now Charlamagne the God and their camp had to readjust the seats for her to fit in a couch. Okay, that's what they had to do. They're not.

• 2:10Patrick Bet-David?

  Not saying no business, they're just saying we gotta make some things moving around. Trump saying Hamas should free all the hostages by midday Saturday, or let hell break out. Vinny said, what does that mean? We're gonna see what that means today. Nancy Mace accuses men of rape and sexual assault on House floor. This one transgender congressman, who was a man, became a woman, was introduced as a gentleman. And it was very interesting that we're going back to common sense and logic. Kanye West sells a $20 t-shirt with a swastika on it. When he does his ad for $8 million on Super Bowl, a lot of people are wondering, what's he doing? Is he dropping something? Is there a motive behind it? What's he trying to do with this? Especially with this, his wife.

• 2:56Patrick Bet-David?

  Stephen A. Smith, you know, when he came down to the Super Bowl. By the way, I don't know about you guys. To me, this was the most boring Super Bowl I've watched in a long time. The commercials sucked, the halftime show sucked. I understand there's a lot of Kendrick Lamar guys. I'm an old school Tupac guy, I'm a Biggie guy. I thought it was horrible, I couldn't listen to it. It was very unentertaining to me and underwhelming to me. However, the greatest female tennis player of all time showed up, Serena Williams. And she was dancing. And did you know I had no clue she used to date Drake? I don't know if you guys knew about it. I don't know if she was his ex. Did you know that or no? Nobody cares. I had no idea whether they dated or not. But Stephen A. Smith responded with a very interesting take, saying, you know,

• 3:38Patrick Bet-David?

  he would divorce Serena for Super Bowl halftime show because she's saying that she's still trying to get back at her ex? I don't know what that's all about. I mean, it's culture, we'll talk about it. I know all you're interested in is Hamas, but we have to talk culture sometimes. True. And next story here that we got outside of this is, uh, uh, Trump's still obsessed about Canada being the 51st state. He's not like fooling around with it. He was asked by Bret Baer, he says, no, I still, I'm still talking about 51st state. Why are we giving him so much business? Trade war talks causing inflation to go up a point. Inflation is up a percent. And we're talking from January to February. And Trump's being asked about this constantly. And he's, uh, he's Doing is weaving. He's not doing the, uh, what's the other word? He says, uh,

• 4:24Patrick Bet-David?

  It's called the weave. I'm not, uh, I'm not, uh, uh, what's the word when you're dodging, uh, answers to a question? You're dodging the question? Dodging bullets? No, there's a different word for it. Deflecting? He says, I'm weaving. I'm not, it's a different word, but I'll, I'll think about it. My vocabulary is not as intense as yours, but we'll figure it out. vernacular. Yeah. Trump, uh, promises executive order against paper straws back to plastic. Bill Maher agrees with Trump, uh, that the Department of Education should be abolished. We'll cover that story as well. And we got a bunch of other stories. 65,000 workers have accepted Trump's buyout that they got eight months to go and figure out a way to make it a free enterprise. Japan gives a trillion dollars investment to the US. I have my own ideas why I think that is taking place. We got things to talk about with terrorists. We got things to talk about with, uh,

• 5:05Patrick Bet-David?

  whistleblower claiming that the governor Josh Shapiro ordered Trump's assassination. Maybe we'll go into that. Elon Musk claims FEMA sent $59 million to luxury New York City hotels for illegal immigrants, but City Hall says there's more to the story. And by the way, there's an update that just came out 10 minutes before we went live from FEMA. We'll report that here to you momentarily. Anthony Fauci under investigation by State's AG. 85% Americans willing to raise taxes to save social security. We got a few others. The one of the stories that I definitely want to get into is all states saying California wildfires to bring 1.1 billion dollars in losses to them. And then a couple of the stories we'll get into. Having said that, we have the great Glenn Beck in the house.

• 5:48Patrick Bet-David?

  You know, we love Glenn Beck. I used, this is the only guy for me who I wouldn't miss his show. It's a lot of guys that had shows and there's a lot of talented guys on TV, but I wouldn't miss a show. I would come up to make sure I watch his show was that good. And if I miss it, I would tune in on whatever YouTube stuff that I, I would get to watch him. And he's been on before. We've been spending a lot of time together. Seriously, really enjoyed this man a lot. So we'll get into it with stories. Gentlemen, for you, if you're married or you're dating a girl who watches the PBD podcast and loves value attainment. By the way, I am being stopped right now more than ever before with ladies that watch the PBD podcast. We did a market research. Because of Tom Ellsworth.

• 6:31Speaker 05

  Anyway.

• 6:31Patrick Bet-David?

  But it's gone up a lot because of the the interest and Tom being a family guy and a lot of ladies want their husbands to be paying attention to Tom and what things we talk about here. There's requests of getting rid of Adam. A guy tweeted me the other day saying, look, don't ever make the mistake of getting rid of Adam. He is this. He starts building up how special Adam is. I'm like, oh, my God, Adam, stop. I thought it was Adam on the other end. Trying to sell me on himself and I responded back. I said, I have some bad news for you. We just fired Adam. And he was devastated. Started campaigning, but unfortunately Adam is back. And we're great to have him and you guys know we love Adam, but at the same time. You know, uh, uh, this is about Valentine's Day for you and your wives. So let me get back to that message.

• 7:12Speaker 05

  Nice love message.

• 7:13Patrick Bet-David?

  Yes, it was. You got a you got a little too much last week and I'm trying to tone it back down for you.

• 7:18Speaker 05

  Put me in my place, sir.

• 7:18Patrick Bet-David?

  You don't need a lot of it. Sometimes when you do get you're walking in clouds and

• 7:22Speaker 05

  We don't need that.

• 7:23Patrick Bet-David?

  You know, Adam's a Hollywood guy, folks. You gotta you gotta get used to that. But let me get back to you, gents. Valentine's Day, okay? Last week we had the rhinestone shirt with the Valentine. You see the black one right there, Rob? Sold out like this. So, fellas, good for you for purchasing it for your wives. But that's been sold out. The one that we have now is the red one, red sweater with

• 7:43Patrick Bet-David?

  the VT logo on the front and the future looks bright on the back. The material is amazing. Uh, absolute amazing material, Rob. We still have some of the pink hats left. If you order today and you put the two day shipping, you will get this pre Valentine's Day and the first 50 orders again, special gift will be added in the box. Go place the order. That pink hat was a number five selling item we had last week. Not that one, the other one, the bottom left. That one was a number five best selling item last week for Valentine's Day. Okay. With that being said, let's go to an interview that took place that maybe President Trump didn't give the feeling that J D Vance would be his Valentine for 2028. Okay.

• 8:26Patrick Bet-David?

  President Trump's being asked about J D Vance. A lot of talks about him being a presidential candidate for 2028. People are talking about it and you know how they measure cars zero to 60, right? This car goes zero to 60 in 2.1 seconds. This car goes zero to 60 in 1.9 seconds. I want you to watch how quickly President Trump and gave the answer of whether J D Vance has his endorsement for 2028. Rob, go ahead and play the clip.

• 8:53Tom Ellsworth?

  Do you view Vice President J.D. Vance as your successor? The Republican nominee in 2028?

• 8:58Speaker 07

  No, but he's very capable. I mean, I don't think that it, you know, I think you have a lot of very capable people. So far, I think he's doing a fantastic job. It's too early, we're just starting.

• 9:09Tom Ellsworth?

  But by the time you get to the midterms, he's going to be looking for an endorsement.

• 9:12Speaker 07

  Yeah, a lot of people have said that this has been the greatest opening, almost three weeks, in the history of the presidency.

• 9:18Tom Ellsworth?

  It's definitely been the fastest and the most stuff happening.

• 9:21Speaker 07

  Well, we've done so much so fast, and we really had to because they have really, what they've done to our country is so sad, it's so sad. We're going to be bigger, better, and stronger than ever before.

• 9:32Tom Ellsworth?

  Glenn, thoughts?

• 9:33Speaker 02

  I think Donald Trump has a 12, I mean, he's told me, he has a 12-year plan. What he's doing right now is he's got to hit the, he's got to hit everything he promised in the first 100 days. We're in a tough place with the economy over the next year. If he's not, if it's not turning in a year, we're in trouble. But to really cement this in, it's going to take him 12 years. I think personally, I wouldn't read too much into that. I think J.D. Vance was a great pick because he could be, but we don't know, we haven't seen him in action. Let's not anoint him, the successor to Trump.

• 10:16Speaker 02

  And I think he's, he's saying that, let's watch him. Let's watch him and see.

• 10:20Patrick Bet-David?

  You think that's what it is? You think, you think it's, it's more about him earning it? Or do you think, because there's a guy on Manact that keeps Manact to me, Zeus, very interesting guy. And every time he Manacts me, it's all about one thing. He just shares stories about another article that talks about President Trump's third term. Rob, if you can go on Google and just type in President Trump third term, just type it out, and see what's come out the last 24 hours, right? Zoom in a little bit. So don't click on any of this stuff, just read the, all of them. So what to know about the possibility of Trump serving a third term? That's the hill. Seattle Times, Trump muses about a third term over and over again. Then you got New York Times, Trump muses about a third term over and over again. No, Trump cannot run for reelection again 2028.

• 11:05Patrick Bet-David?

  Do you think he is lobbying for that, or there's nothing there?

• 11:08Speaker 02

  No, I think, I think this is exactly like everybody freaking out about Canada being the 51st state.

• 11:14Tom Ellsworth?

  He like it to be the 51st state? You bet he would. Would he, would he accept Gaza and say, yeah, I'm gonna develop that. We're gonna have the first 18,000 hole golf course in Gaza. Would he, would he do that? Yes. Is that, is he floating these things? And if the people decide to go along with it, will he do it? Yes. But I don't think he's, I hope not, that he's actively going to pursue that and say, I'm going to, I want the constitution changed. If he plants the seeds and they grow outside of him and all of a sudden, everybody's like, we gotta have him for a third term. Would he go along with it? Absolutely.

• 11:58Patrick Bet-David?

  Vinny, what do you think about the response Trump on JD that quickly?

• 12:01Speaker 05

  I, I mean, like we talked about it before, the fact that he didn't waste one second. He knew exactly what was going on. But Glenn, you make a great point too. It's very, very early and Pat, who knows? Maybe that's the kind of fire that somebody like JD needs to hear to be like, oh, okay. You don't think that I could be, I could be the president? Let me show you. And he has four years to do it. But I think he made a great point that, or maybe he has somebody else in mind. Maybe Trump promised somebody else something and that's one of the reasons.

• 12:27Patrick Bet-David?

  Who?

• 12:28Speaker 05

  I mean, I don't know.

• 12:30Patrick Bet-David?

  Tom, what do you think? How do you process that? Cause I got a completely different lens, but go for it.

• 12:33Tom Ellsworth?

  Well, given that we just finished Obama's third term. You know.

• 12:38Speaker 05

  Yeah, from the basement.

• 12:40Tom Ellsworth?

  By the way, I'm not trying to get laughs there. When you talk to the insiders and you talk to people that know what's going on, two names came up all the time. Obama and Blinken.

• 12:51Speaker 05

  Yep.

• 12:51Tom Ellsworth?

  And they said, who, who, who is this? So if he's not really there and he's really incapacitated, what's really going on? And you would have a series of names, usually not more than four or five, but Obama and Blinken were constantly on that list. So I think we've seen Obama's third term. So, okay, so let's, that's, that is just historical reality when we look back at what really happened. This third term, I think what people are saying is we are really excited that the right guy is in here. As far as we're concerned, we're really excited about what he's doing and he's already served. One term, wouldn't it be great if he could serve three? And I think that's what's going on and there's a lot of cannon fodder out there for that. And people are pushing it. Now, I agree with what Glenn just said.

• 13:34Tom Ellsworth?

  That if I throw the seeds out there and then drop back and then they get watered and sunlight and grow. And then I step forward and go, look at all this marvelous corn. Of course, I'd like to be a corn farmer.

• 13:46Patrick Bet-David?

  Yes.

• 13:46Tom Ellsworth?

  Then I think that's the way, that's a kind of the way it works. So that you can, Nancy Pelosi did the same thing in terms of plausible deniability and then coming back. Well, if that's what all of us, what do you mean us? It was you that lit the fuse that put him on stage to have an embarrassment on that. That debate Biden. And then you come back and go, well, if we've all evaluated this and we think this is what should be. So this is kind of a political.

• 14:15Patrick Bet-David?

  You think it is, you think it is, Adam, what's your angle?

• 14:19Tom Ellsworth?

  I think there's also a harbor he's keeping. I think he's keeping a safe harbor to say, hey, I'm not going to endorse anybody right now.

• 14:26Patrick Bet-David?

  Right, Adam.

• 14:27Speaker 05

  So if I'm going to put myself in Trump's shoes, here's what I'm thinking. I go, all right. I've been president for not even a month now. Everything I've dealt with for the past year. Getting almost locked up, criminal convictions, shot in the face, yada, yada, yada. I just got reelected, first time in a hundred years since Grover Cleveland. And you want me thinking about what's going to happen maybe in four years?

• 14:53Patrick Bet-David?

  Yes.

• 14:54Speaker 05

  I feel like he wants to tell Brett Baer, who he probably respects, shut up. Up and let me just be the president.

• 14:59Patrick Bet-David?

  Yes.

• 14:59Speaker 05

  I've done more in the last three weeks than maybe anybody ever.

• 15:03Patrick Bet-David?

  How many people?

• 15:03Speaker 05

  Get out of my face.

• 15:04Patrick Bet-David?

  How many people you think wanted to hear that question being asked?

• 15:07Speaker 05

  I think, I think for speculation, for future markets. Sure, but there's going to come a day.

• 15:14Patrick Bet-David?

  I guarantee you millions of people have been waiting for someone to ask that question. I thought it was a great question by Brett. I don't think, I think it's.

• 15:23Speaker 02

  Ahead of the parade.

• 15:24Patrick Bet-David?

  I think so as well.

• 15:25Speaker 02

  I think you're about a block ahead of the parade.

• 15:27Patrick Bet-David?

  I don't, I don't know if I disagree, but for the sake of asking the question, I think it's a great question to ask.

• 15:32Speaker 05

  Is it, is it a good question to ask if you're Bret Baer? Sure, it's a very obvious question.

• 15:36Patrick Bet-David?

  Yeah.

• 15:36Speaker 05

  But if you're Trump, you're the president, you're doing what you gotta do.

• 15:40Speaker 02

  So, shut it down.

• 15:41Speaker 05

  Here's my only question. What percentage, if you're Trump, or even you guys, do you attribute Trump's reelection to J.D. Vance? What percentage?

• 15:54Speaker 02

  I think it was part of a stew. You know, I, I think he's, they tried to kill him, and Elon Musk stands up. And then you start having all of these figures fall in. J.D. Vance is kind of this new guy. Got a great backstory. He's Silicon Valley as well. And so you start to have this, this whole movement around him that is outside of traditional Washington. And I, I, so I think he played a role, but not like Elon Musk did.

• 16:26Speaker 05

  Not even close, right?

• 16:27Speaker 02

  Yeah, not even close.

• 16:28Speaker 05

  Would it be fair to say that Mike Pence probably had more of a role in getting Trump elected than J.D. Vance did? Meaning?

• 16:34Speaker 02

  I don't think so.

• 16:35Speaker 05

  I think Trump would have ran literally with a ham sandwich, and he got elected.

• 16:38Speaker 02

  I don't think-

• 16:39Speaker 05

  And, and no disrespect to J.D., I think he's a beast, I think he's smart, I think he's a great dude, but Trump won the election.

• 16:45Speaker 02

  Trump won?

• 16:45Speaker 05

  It was Trump, and he had to insert a second name.

• 16:47Speaker 02

  Yeah. Trump, Trump won the election. However, the, the, um...

• 16:54Patrick Bet-David?

  How many cups of coffee did you have today? Is it just coffee, Red Bull? What are you, what are you drinking? You're on fire. I like you.

• 16:58Speaker 05

  It's a Valentine's Day pad. I love it.

• 17:00Speaker 02

  The image of what Donald Trump is changed. He, he's, he was a guy who was just shooting from the hip. He's a guy who was just saying outrageous things. After he gets shot, all that temperature goes down, and he just becomes very disciplined and focused, and every pick he makes, everything he does, everybody, all of his supporters are like, "Oh, wow, that's good. Oh, wow, that's really good." Um, and so he, he just assembles. It is a team of rivals. He has assembled a team. It's not just the president. It's, it's probably, and for me to say this, this is remarkable, because I can't believe I'm saying this.

• 17:40Speaker 02

  He may go down as a Lincoln-Jefferson-Washington, Washington. He may go down as the greatest president since Washington.

• 17:52Speaker 02

  Um, and it's, it's not just him. It's, you know, I was talking to Tom Holdman, uh, last week and I asked him, uh, how long have you been working on this with the president? And he said, he called me over a year ago, said, Tom, if I get in, will you serve? And he said, yes. And he said, good. We were, I want to take this down. I want to dismantle. How do we do it? He said, we've been planning this for over a year and that's what all of them have been doing. It's a team.

• 18:20Patrick Bet-David?

  Then bingo. By the way, I love the team of Rivals concept, the whole Lincoln book phenomenal. So for me, what you just said, validates this. Ask the question, is Trump a guy that thinks five, 10, 15 steps ahead than the other guy? Okay. So he's already thinking about 2020. Just so everybody knows, and he's already thinking about 2032.

• 18:38Speaker 02

  2032.

• 18:39Patrick Bet-David?

  He is. So he's thinking about 2032. And for me, in his mind, and I don't blame him for thinking that way. The moment Biden started pardoning everybody, he said, oh, really? Thank you. Thank you. You just made my job so much easier. First time ever you want to pardon your entire family? No problem. You want to pardon Anthony Fauci? You want to pardon, you want to pardon all these guys? You're telling us that they were guilty? No problem. Thank you for making my job easier. But in the back of his mind, he's saying, I lost that one term. Oh, you took that away from me? Didn't one of you guys, uh, serve three terms? Wasn't that guy serving three terms? Wasn't that guy some FDR? Why can't I serve three terms? I'm willing to bet internally, in his mind, 28 is his.

• 19:24Patrick Bet-David?

  And don't know how it's going to happen, but in his creative, obsessive, stubborn mind, he's going to find a way to drive the hell out of that and talk to right attorneys behind closed doors to figure out a way to see, even if there's a 5% chance of that taking place. And then on the JD Van side, I also think for him, um, he's going to be watching to see how JD does, but I think he's got five other names in his mind that he's thinking about.

• 19:48Speaker 02

  There are two things that I have seen Donald Trump do, and I know he, you know, he used to go to church with Norman Vince Appeal.

• 19:54Patrick Bet-David?

  I remember. He would talk about it.

• 19:55Speaker 02

  He would, he would go to church there.

• 19:57Patrick Bet-David?

  Power of positive thinking.

• 19:58Speaker 02

  That tells you everything. I was backstage at some arena with him over the summer and, uh, I was concerned about the security, especially his plane. And I said, uh, now we find out that, you know, he had dual planes and everything else. He was on it. Um, and I said to him, uh, I'm, I'm very concerned. He said, stop.

• 20:17Speaker 05

  Don't even speak about this. Don't let those words come out of your mouth. Let's move on.

• 20:22Patrick Bet-David?

  I love it.

• 20:23Speaker 05

  Okay, so he doesn't speak, but he does speak things into existence. So when he's saying this,

• 20:28Patrick Bet-David?

  Yes.

• 20:29Speaker 05

  It's exactly like you were saying that we, uh, he'll plant those seeds and watch them grow.

• 20:37Patrick Bet-David?

  And you know, you know what else the other part is? Let me tell you what personally I've experienced this on a very smaller scale is, so I'm watching this video. It's actually a pretty good video to play. Rob, do you remember the video I sent to you? Uh, to you guys, uh, about, uh, what is it? Tyler Perry. Can you play that clip?

• 20:54Speaker 05

  Yeah, give me one second.

• 20:55Patrick Bet-David?

  Tyler Perry, it's in a, it's in a PBD podcast group text. You'll find it. You know, in my life, I watch guys, my, my level of competitiveness with anybody is I always wanna, wanna do more for you than you do for me. And it's a way of saying, hey, I'm gonna go out of my way, but in return, I expect loyalty. If I'm doing this for you, right? You're gonna meet more people than you've ever met in your life. You're gonna get a lot of opportunities. It's just a mindset when you're building guys in insurance company. Here's what we're gonna be doing. And then you learn over time, some of the guys you started doing a lot for too early,

• 21:35Patrick Bet-David?

  and they were not grateful for it. Some of the guys you pumped up a little too early, and they became entitled. Some of the guys you did a little too early and they became arrogant. Some of the guys used your contact to get deals and then you're like, oh, got it. So until one time it happens, it's just this person. Five times it happens, no, there's more of you. Fifty times it happens, holy shit, I better get a better system to filter people out. So I know in his mind, giving up that endorsement is very, very heavy. Very heavy. And why would he give that to anybody? You gotta hold that to see what's gonna. What's gonna happen with them? Rob, if you can play this clip by Tyler Perry, absolutely love this for everybody to watch. Go for it.

• 22:16Speaker 03

  My life, it comes in my life in a category of a tree. Some people are leaves. They come in your life, they're there for a moment, they're there for a minute, they're just there, they're gonna give you a little shade, do whatever they need to. But when the seasons change or the winds blow too hard, they can't handle it, so they're out. You can't be mad at leaf people, leaf people are who they are. Let them be leaf people. Don't be mad at them because they're a leaf. Then there are people who are branches, who are a little bit stronger. You can rely on them to be there through seasons. But if you step out on them too far, they may break and leave you high and dry. So you don't know how much you can trust a branch until they've grown with you for a while. But then there are roots at the bottom of the tree. And if you find people who are like the roots, they're not trying to be seen, they don't need anybody to know they're there, they're just trying to give you what you need to hold you up.

• 22:57Speaker 03

  And a tree can have way many more leaves and branches than it have roots. So if you have a few roots in your life, you've done really well. And I've been very, very fortunate. God has blessed me with a good handful of roots to hold me up, to hold me accountable, to keep my feet to the fire and to pray for me.

• 23:11Patrick Bet-David?

  Phenomenal message. So what he's, what I think he's going through right now is, he's trying to find out who the roots are. I think he already, I think he already found them. I think it's too early with a few of them. I, I agree, I agree. But I think it's still too early with a few of them. And the, what he's proven is he's the alpha amongst alphas. And others can try to argue that he's the alpha amongst the alphas. There is no question about that. So now you can either think like, well, no, I'm gonna try to outdo him and, you know, da, da, da. Or you can say, no, I'm gonna be one of the roots because I know in return I'm gonna get X, Y, Z. That's how I'm processing him not giving up the endorsement that easily. And I absolutely support the way he did it.

• 23:52Speaker 05

  Who do you think, other than his family, are the actual roots in Trump's orbit?

• 23:58Speaker 03

  I, I think it's less than a handful. And I, I think Susie is one of them. I think it's less than a handful. I think Susie is such a crit, I'm telling.

• 24:09Speaker 02

  Cash is one.

• 24:10Speaker 05

  Cash Patel.

• 24:11Patrick Bet-David?

  Well, I think it's still early, but we'll see to me. And by the way, I'm talking from a standpoint of I've never spoken to Cash. And I don't know the relationship. He's more educated on that.

• 24:22Speaker 02

  Yeah, I know.

• 24:22Patrick Bet-David?

  Comment on it. I know you and Cash have done great podcasts together and great conversations together, but I think that maybe.

• 24:28Speaker 02

  Cash has, Cash has been there for a long time for Trump. He's been through the fire with Trump. He trusts Cash Patel.

• 24:35Patrick Bet-David?

  And by the way, you said family. Family has nothing to do with it.

• 24:40Patrick Bet-David?

  Trust me, the longer you're around, you realize family is not gonna be there. Family, they're gonna look for their own opportunities sometimes. And you know, they're like, well, you know, this, this, that, because they're still have a spouse and they're talking to somebody else that's in their ear more than Trump is. But at the same time, there's some that he's like, no, I know for a fact this guy is a true believer of the legacy of the family. That person wants to build their own identity. This person had a following up. We're probably not gonna have a good relationship together for 10 years. That's kind of what that.

• 25:11Speaker 02

  But when it comes to family, though, he is a guy who his sons, they went to work. Laying wire, pulling wire in, in his buildings. He, they all had to start very young. And do the most menial jobs all the way up. He required them to prove themselves. He doesn't have a problem if you're creating some, in the family, if you're creating something on your own. It's like his son just went out, you know, Barron just went out and started his own thing. That's good. He loves that.

• 25:42Patrick Bet-David?

  For sure. I mean, we were.

• 25:43Speaker 02

  But you have to prove yourself.

• 25:44Patrick Bet-David?

  Yeah. I mean, that's the right way to do it. We were at a event in, it was a Goldman Sachs event in Chicago, St. Regis. Tom, you remember this when we came back and in this room, I'm sitting in this room, Glenn, and everybody's talking about G5s and G4s and G3s. I'm a G4, I'm a G5. I'm like. Holy shit, I didn't know there were this many gangster billionaires. All these G's are like, geez. It was a song back in the days called Geez Are On The Move. Who sang the song Geez Are On The Move? Can you look up Geez Are On The Move? It's actually a great song. Can you text it to me? I forgot about this Havik and Prodigy song. No, no, don't play it. Just text it to me, Rob, if you can. So anyways. PBD knows the most random hip hop. So G4, G5, G3, and the main thing that every parent who was a billionaire on stage

• 26:26Patrick Bet-David?

  in their 80s and 70s was being asked is what do you do with the kids? They gotta get an MBA. They gotta go out and work for somebody else. Then they can come back in a family business and work. Three years you had to go work for somebody else. But anyways, we'll see. Let's get to the next topic. We got a lot of them. Here's the next one. You talk AI a lot, Glenn. Yeah. Recently, Musk and Sam Altman have been going back and forth, okay? And it's not been pretty. So OpenAI started as a nonprofit, I believe, and it was a noble cause. Hey, let's do OpenAI. Everything is open. Let us, many people take advantage of this so they can do it themselves. And it's not about money. It's about the consciousness, future, humanist, all this other stuff.

• 27:09Patrick Bet-David?

  And then he sits there, Sam Altman's like, um, we should have made this a for-profit company.

• 27:17Patrick Bet-David?

  And Elon Musk comes out and is not happy about it. And Trump, in one of the interviews, says, how do you handle the fact that, you know, Musk is calling out one of the guys on the deal? He says, yeah, he hates one of the guys on the deal. What do you have to do about it? I hate some of the guys on the deal, right? They don't get along. And Musk goes and brings a group of people, leading a 97.4 billion dollar bid to control OpenAI, right? 97.4 to control OpenAI. He really wants this company. It's, at this point, it's very obvious. And it's very obvious that Sam Altman. Is leveraging it to get under his skin and he doesn't want to sell the company, right?

• 27:58Patrick Bet-David?

  So Elon with investors, including Vi Capital, Jay and Hollywood agent Ari Emanuel made a 97.4 billion out of bid to control OpenAI's nonprofit governing body. The bid is a direct challenge to OpenAI CEO Sam Altman, who quickly dismissed it on X, saying, "No, thank you, but we will be, we will buy Twitter for 9.74 billion dollars." Hence, 97.4, 9.74 billion dollars. And Elon responded with Swindler, go a little bit lower. And for people that are wondering, that's not Elon's account. The handle is Elon Musk, but he changed the name.

• 28:35Speaker 05

  Oh, is he German now?

• 28:36Patrick Bet-David?

  Yeah, Harry.

• 28:37Speaker 05

  Harry Bulls.

• 28:38Patrick Bet-David?

  And he changed it to that. So anyways, long story short, the bid could complicate OpenAI's ongoing 40 billion dollar fundraising deal led by SoftBank, which values the company at 300 billion dollars. OpenAI nonprofit structure gives a legal control over the company despite having only two employees and 22 million dollars in asset. Musk's offer OpenAI to determine a fair market value for its nonprofit arm, which must be compensated if Altman and his team fully transition to a for-profit model. If Sam Altman and the present OpenAI Inc. board are intent on becoming a fully for-profit corporation, it is vital that the charity be fairly compensated, said Mark Toborhoff, Musk's attorney. Glenn, thoughts?

• 29:19Speaker 02

  Uh, I don't think, uh, I think the reason why Musk is doing this is he actually understands the threat of AGI, ASI. He knows that we are probably 2026 from AGI and 2028 from ASI. Um, and he truly believes that it should be open for everyone, that this technology

• 29:43Speaker 02

  should be available for everyone. This is why Silicon Valley moved into the Trump camp. Because they knew that the government was gonna control it.

• 29:56Speaker 02

  The, uh, the company that he's now trying to bid against, Sam Altman, is, he is not a good guy. Not a guy I would trust with AI.

• 30:07Patrick Bet-David?

  Why is that? Why is that?

• 30:09Speaker 02

  Because I, I, I think that, first of all, the whole premise of OpenAI was that it was open. When he came in, when Elon Musk came in, he did this to, to stop so we didn't have to possibly worry about transhumanism. That we have to have a way to compete with the machine. And no one can own that. It has to be owned by everyone. Um, and so, and when Sam says, oh, money, money, money. I don't think you can, I don't think you can trust, trust this guy at all. Um, and Elon Musk knows, it's why he wants to go to Mars. It's not just about global warming for him. It's more about AI.

• 30:54Speaker 02

  Get humans off the planet before ASI happens. Otherwise, transhumanism has to happen. You have to have, this is Elon Musk. You have to be able to, um, uh, have an implant that will help you understand ASI. Otherwise, we're ants and we will be controlled by ASI. So, your, your, your thing, your, your solutions are for Elon Musk. You have to control it. You have to have it open so someone can come in and compete if, God forbid, it goes awry. Two, you're going to have to develop, uh, brain implants that give you access and to the internet.

• 31:38Speaker 02

  And you're able to process like ASI. And three, get the hell off the planet. Otherwise, humanity is over. I, I, I think he truly gets it.

• 31:52Patrick Bet-David?

  And I think he's really the only one fighting, standing up and telling America for as much as they will hear, the truth of what is coming, what danger this poses. Tom.

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• 33:03Tom Ellsworth?

  Well, I agree with that. And I feel like this is a three level chess game. Level one is the egos of the two men involved, Elon Musk and Sam Altman. And they go back and they've been banging back and forth quite a bit. The second level of this is Altman desperately needs fuel, big stacks of capital, and they're out there trying to raise a lot of it. A $40 billion raise? That's a big, they're trying to raise that much money. Picture it this way, they're like trying to raise three companies that are going to basically be capital that's put into OpenAI at a value of 300 billion. Well, valuations are determined by market

• 33:47Tom Ellsworth?

  forces and by investor forces. And so what he does, he comes out with this at one third the value that

• 33:57Tom Ellsworth?

  Altman's going out for, so Altman's going out for a $300 billion valuation. He comes out at one-third of that, at 97.4. And he's using the law of odd numbers. If he comes out and says 80, ah, it's just a different thing. When he comes out and says, no, no, no, 97.4, he comes out with an odd number. This comp- this is the second level of the chess game. Complicates Altman's fundraising and there's also the nonprofit part of it, as Trump's lawyer correctly pointed out, that there's that. And then the higher level thing is, yeah, there's a reason why Musk has talked about making humans interplanetary. There's a rea- because he really believes that AGI, artificial general intelligence,

• 34:39Tom Ellsworth?

  which is, you know, AI solving little problems for us, doing things for us, kind of mimicking us or being human-like, versus ASI, where it's almost like the opening scene of Terminator 2, when it says, the, what did it says, the, um, what was the name of the computer, the, the? Oh. Skynet. Skynet. Skynet became sentient on December 15th at this thing. And so suddenly is thinking beyond humans, ahead of humans, and there you have that web. So this is a three-level chess game here where he's interfering, he's riffing on his buddy, his ex-buddy, Sam. He's interfering with the financing, because he wants to interfere with the financing, because he wants to interfere with the structures.

• 35:23Tom Ellsworth?

  And then also, he's playing this game five moves ahead, and he's concerned about this AGI/ASI thing. And if you listen to him at smaller talks, this is exactly what Musk is talking about. So there's a huge underbelly of this thing. This is just a little bit of iceberg showing up above water, there's a big thing underneath.

• 35:41Patrick Bet-David?

  If Elon is pushing this hard, and Elon's got an eye for what's gonna happen in 10 years, this is either a big threat, say that again?

• 35:51Speaker 02

  It's not 10 years.

• 35:52Patrick Bet-David?

  It's less than 10 years?

• 35:53Speaker 02

  By the time we are electing the next president, we'll have AGI and possibly ASI. By the next election.

• 36:01Tom Ellsworth?

  We have AGI in certain lanes right now.

• 36:03Speaker 02

  Yes, we do.

• 36:04Patrick Bet-David?

  But is it like an Oklahoma land rush type of a model? And he wants to be urgent to get it before Altman has control of it?

• 36:12Speaker 02

  Here's when you'll know everybody is serious. We need to build nuclear power plants right now. We need every piece of energy online right now. And we need server farms the size of cities. When you start to see America say, "We are building nuclear power plants." Without really any discussion, we're building them. The amount of energy that ASI is going to take is mind boggling. You can't run ASI even on the energy that we have right now. You have to have these server farms next to a nuclear power plant. And that power plant is just powering the server farm for ASI.

• 36:57Speaker 02

  That's going to take about $800 billion. When you get, when somebody is serious, which is exactly the number, by the way, that Trump is proposing. When you get serious money of $800 billion for power and server farms. That's when you know we're in the lead. And I have to tell you, I have been preaching about ASI and AGI since the 1990s. And warning about the ethical things that we have to take into consideration. But I'll tell you this, as afraid of ASI as I am, the United States better well be the one that has it. Or we are in deep trouble. The world is in deep trouble.

• 37:38Patrick Bet-David?

  So then the way I'm processing what you're saying is there's different layers. One is, which country is going to lead ASI and AGI?

• 37:46Speaker 02

  And that'll be decided by energy.

• 37:48Patrick Bet-David?

  Perfect, so nuclear, which I get that part. So let's just say, we're the lead. Great. So who cares whoever leads it within America? Just let's be happy to be the fact that we're leading it. Now, second, let me ask the second part of the question. Then a second layer is... Look, if we can lead it as a nation first, great, but the second one is who the hell is running it? Is the concern, because you know who owns most of OpenAI? Forty-nine percent is Microsoft. And so that's who? That's Bill Gates.

• 38:16Speaker 02

  Bad.

• 38:17Patrick Bet-David?

  So that's the part where it's a Gates controlling it, or a Musk camp controlling it, and, you know...

• 38:24Speaker 02

  In my vault, in my library, I have a letter from Lyndon Baines Johnson, as the president, to, I can't remember who it was, in Silicon Valley, who was proposing government funding for Silicon Valley. We're going, this is in 1967? And Johnson says, "We know the government needs to have a high-tech. We're going to be investing." The government has been in on Silicon Valley from the beginning, and that's not necessarily working out to be a good thing. We need to make sure whoever is programming and whoever is owning this, that we have

• 39:07Speaker 02

  ethical people that we trust. Having Bill Gates involved in OpenAI...

• 39:12Patrick Bet-David?

  Too late, he owns forty-nine percent.

• 39:14Speaker 02

  It's terrifying.

• 39:15Patrick Bet-David?

  No, he owns it already, so there's nothing...

• 39:16Speaker 02

  So put some handcuffs on him with Elon Musk.

• 39:19Tom Ellsworth?

  Yeah, and what you're talking about in terms of energy, we brought this up on the podcast, we've been kind of sounding this alarm for a little while. Right now, in the US, there is one large-scale nuclear reactor under construction. It's in Oak Ridge, Tennessee, and it was just approved for that power company. Funny, Oak Ridge is one of the three cities of the old Manhattan Project, out in the middle of nowhere. And, would you like to know how many China has under construction?

• 39:45Speaker 05

  How many?

• 39:46Tom Ellsworth?

  Twenty-seven. Twenty-seven. And there are two companies in the United States that have been fighting tooth and nail to get permission to build small reactors next to data centers. One of those is Oracle, and Larry Ellison is leading it. Following the Ellison framework is Google, that's trying to build a data center with three small, unitary, next-gen nuclear reactors. So we are trying to do this while our government is pushing green energy... And they're using the word nuclear, the way you would have used it back in 1978 with Three Mile Island.

• 40:19Speaker 02

  Yes.

• 40:19Tom Ellsworth?

  And but that's wrong.

• 40:20Speaker 02

  Gates goes in and tries to get Three Mile Island. It tries to open it up and is opening it up for his own use and nobody's saying a word about that. I mean, uh, it, it, everybody should be rooting. It's amazing. Now that the left has just non-stop demonizing Elon Musk, a guy who honestly, single-handedly, I shouldn't say that. With in, in, in, uh, collaboration in some ways with Donald Trump, has freed the world and given the world, the people of the world, actual hope that we're not just going to be the downtrodden. Um, if, you should be rooting for XAI and what he's doing in Tennessee.

• 41:02Speaker 02

  If you can get Elon Mu- Elon Musk, and I hate to say this because I, I don't know Elon Musk. And I don't necessarily trust Elon Musk with everything. But I trust him more than anybody else because he's verbalizing the warnings. Where everybody else is saying, I mean, I just saw-

• 41:20Patrick Bet-David?

  You know what I trust? Here's what I trust. I trust competition. I, I trust competition because I think we need competition on both sides. There, there's a part of me that doesn't mind there being competition. Because anything with a monopoly on one end will eventually have too much power to hurt the other side.

• 41:37Speaker 02

  Then you should be for open AI.

• 41:40Patrick Bet-David?

  I, I am. Oh, for sure I am. No, that's not the question. The question is, I want competition.

• 41:44Speaker 02

  Yeah.

• 41:45Patrick Bet-David?

  Where they can go at it. Anyways, okay, let's go to the tariff conversation here. All right. So tariffs. While this is taking, I'll just read you a bunch of these. Okay. Trump plans to announce 25% steel, uh, aluminum tariffs on Monday. This is yesterday, right? That's a Bloomberg story. Rob, I think you got a clip on this. Is that him speaking about it or is that somebody else?

• 42:07Tom Ellsworth?

  Um, give me one second. I'm looking for it.

• 42:08Patrick Bet-David?

  Okay, so that's that one.

• 42:10Tom Ellsworth?

  Oh, here it is.

• 42:11Patrick Bet-David?

  Is it him or is it someone else?

• 42:12Tom Ellsworth?

  It's him.

• 42:12Patrick Bet-David?

  Okay, go for it.

• 42:14Speaker 07

  So the failed American trade policies have led our once incredible United States Steel and Aluminum Industries, once incredible, it's once incredible, not now, but they're they're not bad. I saved them because of my first term, totally saved them. If I didn't do what I did, I put massive tariffs, not the highest level, but pretty massive tariffs. We got, we took in a lot of money and we took in a lot of jobs, but we were being pummeled by both friend and foe alike. Our nation requires steel and aluminum to be made in America, not in foreign lands. We need to create in order to protect our country's

• 42:54Speaker 07

  future resurgence of US manufacturing and production, the likes of which has not been seen for many decades.

• 43:01Patrick Bet-David?

  Rob, you can pause it right there. So 25% tariffs on all imports of steel and aluminum, okay. Then the EU and Asian exporters, including South Korea, are preparing for potential retaliation, recalling past trade disputes. Under Trump's first term in 2018, the US imposed duties on $7 billion of European steel and imports. China retaliates with a imposing $14 billion worth of US goods with their own set of tariffs. So that's China, okay. Beijing imposed tariffs of $14 million of goods with levies ranging from 10 to 15% on liquefied natural gas, coal, crude oil, farm equipment, and automotive goods. Embassy in Washington announced. So

• 43:46Patrick Bet-David?

  this is the move after US Trump imposing a 10% levy on Chinese products. Okay, so that's that part. Stay with me here. While this is taking place, Brazil makes preparations for US tariffs, okay. Reciprocal tariffs are all over the place. I mean, I can go on and on and on about different conversations here. This leads to the story of interest rates. Rob, if you can pull up interest rates on what's going on here. What page is that talking about where interest rates are now? Is it the one with, yeah, that's the one right there. It's page 19. A Wall Street Journal story comes out.

• 44:24Patrick Bet-David?

  Talking about the mood of the American consumer is souring. Consumer sentiment has dropped significantly as inflation expectations jumped from 3.3 in January to 4.3 in February, the highest since November of 2023. It's very rare to see a full percentage point jump in inflation expectations, says Joanne Su, the director of University of Michigan. Consumers about concerns about tariffs and economic turbulence have driven pessimism across the political spectrum, with even Trump supporters like Paul Bison, a 58-year-old business owner, saying, I don't like the turbulence, I don't like the chaos. In a market, Trump's threats of 10% on China, 25% of Mexico and Canada fueled the economic, da, da, da, da, da. Okay, so that's what's taking place there.

• 45:06Patrick Bet-David?

  Tom, your thoughts about tariffs and how it's increasing, how it's causing inflation expectation jumping from 3.3 to 4.3 in February?

• 45:15Tom Ellsworth?

  First of all, the tariffs haven't been in place long enough to cause that. They're just getting announced right now, and I find it amusing that when Trump was announcing tariffs on metals, you know, that the European Union retaliated with tariffs on Harley-Davidson motorcycles and Levis. That's what the European Union, that would be like a wife says, okay, I'm really upset, embargo on sexual relations in this household. And then the husband says, oh, yeah, well, then I'm not going to put the seat down.

• 45:49Tom Ellsworth?

  It's like, how do you compare these two? And so I think right now, I have said for weeks, these are tactics, not taxes, and they are meant to move people in the middle of negotiations. Are markets responding? Are stock markets responding? We had a 48-hour bounce, bounce on the stock market two weeks ago, and things went back to normal on a couple of things and tariffs. So the tariffs, what he's saying is, if you're not going to come to the microphone and you're not going to negotiate on fair trade policies with me, guess what? Here I come, and I'm going to build jobs in America, and I'm going to, if that means I'm going to put tariffs on raw bauxite, which is, becomes aluminum, and/or, okay, then this is what we're going to do.

• 46:33Tom Ellsworth?

  These are tactics, not permanent taxes, and we have to wait and see the impact on them. Now, the news media needs to say, "Red man, orange man, bad." You know, and so they're saying, "Inflation's up a bit. It must be those damn tariffs." The tariffs, there hasn't been an impact on a price of something yet. The tariffs have to go into impact, then you need compliance by companies, or mining companies. Then you have to have end result to, to finish goods. So you can say that they've had time to actually calculate that inflation is up. So any inflation that's up right now, these are November and December impact stats that are still related to the vestiges of the Biden administration. But the media wants their headline.

• 47:17Tom Ellsworth?

  So the negotiations are real, the taxes are real, but they're not going to be here real long. And these are negotiations, and people need to calm down because it's, I think it's all going to settle back, and the water's going to achieve its level, and we're going to be just fine. But in the meantime, lots of headlines for people that don't like the orange man. Clem.

• 47:38Speaker 02

  So I, I agree.

• 47:42Speaker 02

  These, you have to separate his love for tariffs, which he loves, and then also income taxes. He hates income taxes. Would he like to see the United States go back to the way we originally were, where it's, where we're getting all of our taxes from overseas and not from the people? Absolutely. But what you're seeing here is negotiation. And every time the press has said, "Oh, look, it's going to destroy," they've been wrong. He's negotiating. He is the toughest and most brilliant negotiator I have ever seen. From tariffs to Gaza. Look at what the guy did with Gaza. He says, "The controversial thing was, you know what?

• 48:26Speaker 02

  All these Palestinians need to leave Israel." That's not what everybody was talking about the next day. They were talking about, "And you know what? I'm going to build a resort there. It's going to be the resort of the United States." Everybody in the Middle East, they were trying to stop that, not the exit of the Gazans. He does this every single time. He is negotiating, and brilliantly so. Everybody has faltered so far. Everybody has lost to him on tariffs. The key here is on any tariff that he actually means, what he is doing is rebuilding

• 49:07Speaker 02

  our infrastructure. We have got to make this stuff ourself. But how are you going to do that when you can buy it cheaply overseas? He's trying to bring all this industry back, but that takes time. He's got to balance this thing to where he can punish people and reward people. If he goes to a 15, 15, 15 tax, if he can do that, then you're going to start to have all of these manufacturers coming back basing things here in the United States. But it's dangerous, a really dangerous game to play with these tariffs until you get the taxes that incentivize people to come back here.

• 49:47Patrick Bet-David?

  Makes sense. Adam?

• 49:49Speaker 05

  Yeah. What he did on Gaza, I believe you mentioned the fact that he moved the Overton window.

• 49:54Speaker 02

  Yes, yeah.

• 49:54Speaker 05

  Which is basically sort of what's acceptable, what's sort of in the

• 49:58Speaker 02

  Right.

• 49:58Speaker 05

  nomenclature of what is even appropriate to even discuss. He's like, oh yeah, we're going to go over here now. We're like, whoa, where'd that even come from?

• 50:05Speaker 02

  Right.

• 50:05Speaker 05

  But regarding the economy, because that's a lot of what I would kind of want to focus on is the fact that, you know, he campaigned on basically a couple of main points, immigration, which I think Tom Homan is basically doing a great job in the economy. And then what's the number one tool he's using to basically disrupt the economy is tariffs. And he's fallen in love with the tariffs, we all know that. However, you're starting to see the headlines come out and people are basically confused. Because, Rob, if you want to pull up some, just the headlines real quick, we don't need, Trump's conflicting business policies so economic uncertainty. This is the number one story in Wall Street Journal right now. So if you know anything about the markets, the market likes certainty. The

• 50:47Speaker 05

  market kind of wants to know, hey, what's going on here? And right now it says companies are excited about the administration's focus on fossil fuels, lower taxes and deregulation. Great, but confusion over tariffs, deportations and federal cuts is getting in the way. You also have another article about the fact that CEOs and bankers

• 51:07Speaker 05

  Um, for them, the Trump euphoria is fading fast. Then you have another headline, the mood of the American consumer is souring. Do you have that article?

• 51:16Speaker 02

  That's the one I read.

• 51:17Speaker 05

  Yeah, okay, so people are basically confused. And there's a bunch of graphs, basically, people, people don't know what Trump is gonna do. And that's great in a negotiation. That's great if you're gonna basically try to move people out of Gaza. But if you're the American consumer, American consumer, if you're a banker, you're a CEO, and you're planning for Q2 or next year, what have you, trying to plan five moves ahead, it's kinda hard to do your planning if you don't know what's gonna happen six, twelve, eighteen months from now.

• 51:43Speaker 02

  How is it a guy like me knows what's coming? Because he's doing what he said he would do. How is it that it's causing uncertainty? You know what he's doing.

• 51:53Speaker 05

  Cause the average person isn't as smart as you, Glenn. The average person isn't writing books or writing.

• 51:58Speaker 02

  You're talking about, there, you're talking about the markets being uncertain.

• 52:02Speaker 05

  The consumer sentiment, that's every single one of us. But what's your point? What I'm saying is, the average consumer is confused.

• 52:08Speaker 02

  Yes, confused or scared?

• 52:10Speaker 05

  Maybe a little bit of both.

• 52:11Tom Ellsworth?

  I think you're playing with headlines, you need to look at numbers, Adam. I mean, forty-seven percent of people, the approval rating is forty-seven percent, which is a high watermark for presidents at this time, as people are trying to figure out, okay, what's the tax policy gonna be? Are we gonna get the secretaries all, you know, in place so we can have hard policy decisions coming out? And right now, you know, consumer sentiment, you know, is, is overall strong. And with that, you know, there are, you need to look at the writers that wrote those, just like you can go to vtnews.ai and you can find out where the spin is. The writers that wrote some of those Wall Street Journal stories, go find out what they believe and take a look at what they're doing. They're interlacing two things.

• 52:52Tom Ellsworth?

  Oh, banks love this, but there's uncertainty about this, it's confusing. Wait, prove to me that the second half of your headline, made to generate clicks, is somehow, that there is a true impact on the front end of what Jamie Dimon and the banking industry is doing right now. There's not. These are headlines. These are, they're in, the media is in the business of selling ads.

• 53:17Speaker 02

  They're doing it right now.

• 53:18Speaker 05

  Unfortunately, they're not just headlines, Tom, because there's actually data that goes along with this. When you talk about consumer sentiment, it's not like they can just throw a headline out there and then not have any data to support it. So, Rob, if you pull up the pie charts that I sent you in that text just now, it can show that the American consumer is confused as hell. Look at the red. They're basically saying, are we gonna end up paying for all this?

• 53:38Patrick Bet-David?

  That's okay.

• 53:39Speaker 05

  So if you look at the red right here, they're basically saying, is the American consumer gonna end up being the one who pays for the tariffs? Now, I do agree, they haven't been implemented yet. So it's all speculation, but they said in the article right here-

• 53:50Speaker 02

  And the second half of the tariffs have not been implemented. You, Trump's theory is, go ahead, raise tariffs. Everybody will say, well, that's just gonna cost, you know, cost of living is gonna go up. Yeah. So reduce taxes. When you do that, then you have the balance. You can't just raise the tariffs. His second shoe hasn't dropped yet.

• 54:12Speaker 05

  Okay.

• 54:13Speaker 02

  Does that, does that make sense?

• 54:14Patrick Bet-David?

  Yes, it does.

• 54:15Speaker 05

  So the point is, we don't know what's gonna happen. I think he's using the art of the do.

• 54:18Patrick Bet-David?

  I got you. Finney, you were gonna say something. Yeah, well, let's just first find out how we got here. Just say, the Biden administration ruined everything. They ruined the economy. Inflation went up by how many points, Tom?

• 54:29Speaker 05

  All of them.

• 54:29Patrick Bet-David?

  Oh, thank you. All of them. And what I think, and Adam, I get it, the fear and everything like that, and people are tripping out. But what people have to like realize, in layman's terms, America has had a dislocated shoulder for four years. Trump was the doctor that came in and reset it. And what happens when you reset, I've dislocated my shoulder. It hurts. It's gonna be sore for a while, but after a while, we'll, we'll, we'll level back and we're gonna be back. But it's gonna hurt for a little while, so deal with it. Whenever, whenever in a company, you launch a new comp plan on how to bonus, on how to get a new sales structure that you launched to your guys. You know what happens? Some of the guys don't like it. They're like, man, this is bad. I'm out. Some of the guys panic. Some of the guys stay patient.

• 55:15Patrick Bet-David?

  But you cannot judge a comp plan and the consequences of it for three to six months. It takes about six months. And that's in a small company.

• 55:24Speaker 02

  Yep.

• 55:24Patrick Bet-David?

  Now, in a country, it may take six to 12 months. And you just have to be kind of patient to see what's gonna be happening. I don't think it's gonna take that long. But, uh, once they, you know, come out with the tax plan, it's gonna be a different sentiment when people start realizing, okay, I may be patient here with the tariffs to see what happens, but I'm gonna get some victories here on this side. Okay. Next story.

• 55:47Patrick Bet-David?

  Next story is about California wildfires. Allstate says California wildfires to bring company 1.1 billion in losses. Okay, now this is one of many insurance companies. And one of the most interesting percentages in this story is the following. Allstate CEO Tom Wilson announced that the company's losses from devastating Southern California wildfires are expected to be around 1.1 billion dollars pre-tax net of reinsurance. Attributing the impact to strategic decision to reduce market share beginning 07 in a comprehensive reinsurance program. The losses stem from fires, including the Palisades fire, which scorched 23,700 acres, destroyed 6,800 structures,

• 56:31Patrick Bet-David?

  and claimed more than two dozen lives. Allstate shares of California homeowners, this is the percentage, Tom. Allstate shares of California homeowners insurance market has dropped from 12.6% in 2008 to 5.8%. They've been leaving. They're like, dude, lowered the risk in the state of California. 5.8 in 2023. So this 1.1 billion dollar loss is only on 5.8%. Which means the other 20 times of whoever the other insurance companies are, what did they lose? Think about that number right there. Tom, what are your thoughts on this story?

• 57:11Tom Ellsworth?

  Well, guess what? Why have they been moving? They have been moving because of long-term things that have been affecting California homeowners and the insurance industry. Number one, we can go back to all kinds of fires and everything that have happened, but the terrible consequence to human life and property. PG&E, ancient systems, given a free pass by the California government to avoid suits. They were given a pass to avoid suits with their ancient transmission lines, which were arcing and have demonstrably started some of the wildfires over the last 15 years. Step one. Step two, forest has not been managed because California, running a deficit, has not been putting money into that. No, they've got billions of dollars missing for, you know, homeless or immigration that they can't tell you where it went, but they don't

• 57:56Tom Ellsworth?

  Money to manage it for us. I guarantee you the underwriters have seen this. Then you have the rebuild costs, thanks to inflation. And finally, you know, and even worse, you have a thing that's called over indexing, where you as an insurance company go, you know what? State Farm, by the way, this is Allstate. State Farm, you can go back and look at the articles. They had an amazing, they had these three vice presidents I read about, that from New Orleans to Mobile, Alabama, they had achieved just an incredible management of their sales force, and they had an amazing market share of coastal communities from Mobile, Alabama to New Orleans. And when Hurricane Katrina came through,

• 58:38Tom Ellsworth?

  guess what? State Farm, with all of that market share, was over indexed. And so they took more of the loss and more of the devastation, because they're paying out the insurance. They sold an insurance policy, and now they gotta pay it out as proper. Well, Allstate was finding out in California. But it's finding out through, and by the way, the underfunding of fire departments and reservoir systems. All of those come together. And if you don't think that the underwriters inside Allstate understood what was going around from a business standpoint, everything I've described is business, not headlines, not political. PG&E was business. Managing the forestry areas, business.

• 59:19Tom Ellsworth?

  Permitting on where you could build new houses was all business. And guess what? The, we saw the pictures that were taken by the news helicopters of tons of fire trucks sitting in these, they called them boneyards, where they needed service and repair before they could put back into service. And underfunding of that. They understood all of it, and this is exactly the outcome of it.

• 59:42Patrick Bet-David?

  You look at that right there, Tom. This came up just a few, two hours ago. Travelers estimates California wildfire loss at 1.7 billion. So that's another one, 1.7 billion. And if you remember, ABC News came out with a story estimating that the total losses are going to be around 30 billion, some are even saying 40 billion dollars. Insurance company in the state of California. So, again, When things like this happen, there are emergency board meetings. What do you think they're talking about in these board meetings? Do you think they're talking about expanding their business in California? Or do you think they're talking about when are we leaving the state of California? Glenn, your thoughts?

• 1:00:19Speaker 02

  I'm not qualified to talk about the insurance. You guys definitely are. But I will tell you, as a taxpayer, until California fixes all of their policies, insurance companies and my tax dollars should not be there. Look, insurance is a business. You are, you are asking these insurance companies to ensure things that are insane. Insane. They shouldn't be doing it. They have to pay out for the policies that they had. But my tax dollars, I am so sick and tired of sending tax dollars to California to be wasted when every single one of us know how to prevent forest fires.

• 1:01:03Speaker 02

  We don't need Smokey the Bear to tell us. You need common sense underbrush clearer. You need to build your houses in the right places where the underbrush is away from it. And most importantly, you need tons of water. They're not doing any of those things. Until California starts to build more reservoirs, they get serious about water. They get serious about power. They get serious about clearing the underbrush and doing common sense things. We shouldn't send them a dollar. Now, I, I feel for the people who have lost their homes. And I want to be there for those people, but not California. Not California.

• 1:01:46Tom Ellsworth?

  And when you hear the word FEMA, ladies and gentlemen, that is, you hear FEMA, that is your tax dollars leaving Washington going to an area of devastation. And it's helping fellow citizens like yours, which is a good thing. But it shouldn't be going there and it shouldn't be happening.

• 1:02:00Patrick Bet-David?

  By the way, Tom, when you're saying this, FEMA story just came out. Employees said to be fired over a gracious $59 million payment to New York City migrants. This is must claim that the. Federal Emergency Market Agency FEMA violated the law by sending 59 million dollars last week to luxury hotels in New York City to house illegal migrants, adding the Department of Doge, Doge just discovered the payment. Musk insisted money is meant for American disaster relief and instead is being spent on high-end hotels for illegals, a stated and stated a clawback demand will be made today to recoup these funds. City Hall officials disputed Clums, uh, Trump, uh, Musk's claim on the 59 million dollars had been previously disclosed,

• 1:02:44Patrick Bet-David?

  not just luxury hotels. They clarified that only 19 of the 237 million in federal funding awarded to the city had not gone to hotels and that the majority will be spent on reimbursing other services the city should. By the way, while this has happened and New York Post comes out and says, who was getting fired, Rob? The, the story you just pulled up? The, uh, four people you said got fired?

• 1:03:03Speaker 02

  Yes, uh, four Federal Emergency Management Agency employees who were the ones that diverted the money to house the illegal migrants in New York City are going to be fired by FEMA today.

• 1:03:13Patrick Bet-David?

  Yeah, I mean, listen, I'm not, they should go to jail. By the way, let's stay on this. The only reason I'm reading this to you is because Glenn brought up FEMA and Tom talked about FEMA. Adam, you've been in insurance for a decade and a half. You see the story here with all states, state of California. What are you thinking?

• 1:03:27Speaker 05

  I mean, I don't want to re-litigate exactly what they said, but Glenn brought up the best point. Like if you go on page eight, all, while their city is burning down and there's billions of dollars to be held accountable, this is the number one story in Fox News. California residents protest, threaten lawsuits over states refusal to follow Trump's trans athletes ban. So it's like they'd rather have the city burnt down than live under Trump's anti-trans policies.

• 1:03:55Speaker 02

  Go ahead.

• 1:03:55Speaker 05

  He talked about basically having some common sense.

• 1:03:57Speaker 02

  Yeah.

• 1:03:58Speaker 05

  So while your city's burning down, hold on guys, stop, stop, stop, stop, stop, stop. We gotta have dudes be able to compete against ladies.

• 1:04:04Speaker 02

  Yeah.

• 1:04:04Speaker 05

  Come on, guys.

• 1:04:05Speaker 02

  And you know what? If that's what California wants, fine.

• 1:04:09Speaker 05

  Yeah.

• 1:04:09Speaker 02

  But I'm not paying for it anymore. I'm not, you can sit outside of California and see the disasters that are headed its way. You could have predicted all the homelessness, all the drug, all the crime, all the fires. We can sit in our states and watch it and go, that's not going to work out well. So why are we continuing to pay for it? I'm done. I'm done. If they want to do that, that's fine, but we're not sending you tax dollars. No.

• 1:04:37Tom Ellsworth?

  And did you hear as well, I think it was last week Gavin Newsom was talking about the mandate for people that were rebuilding and he said that you can't rebuild the same, you have to rebuild with science and climate in mind. So not only are they gonna have to put up low income housing, Pat, you can't even build what you want. And this, I read this yesterday, and this is a fact, the city of New York also pays, that's happening, $220 million to rent the entire Roosevelt Hotel in Manhattan to house illegals.

• 1:05:04Speaker 02

  So I was

• 1:05:06Tom Ellsworth?

  Look it up, Rob.

• 1:05:06Speaker 02

  I was in, my charity, we were one of the first in to North Carolina for the hurricane. I saw it firsthand. I saw eight days into it FEMA just showing up and doing nothing, doing nothing. And the federal government trying to come in, we had set up a temporary airport, we had, we had people with helicopters from all over the country coming in to volunteer their time, right? Saving people. The government didn't do anything. When the government first came in, thank God, it was a bunch of veterans that were running this airport, if you will. It was at the Harley Davidson dealership. And the federal government comes in and says, you're running an illegal airport here. This doesn't have FAA approval. And all of the

• 1:05:51Speaker 02

  vets stood up and said, you can try to shut us down, go ahead, but we are staying here. We're saving lives. Get the hell off this property. And they walked away. But they did it every single, in every single category. The FEMA needs to be shut down.

• 1:06:09Patrick Bet-David?

  Yeah, and millions of people are with you on that specific topic. When you're seeing things like that taking place, which leads me to the next conversation. Bill Maher, who by the way, when he's speaking, he did agree on a lot of things. And then he said, but I still think climate change is number one. I still think climate change is number one. Let me just read this to you. Bill Maher agrees with Trump that Department of Education should be abolished, not like kids are getting any smarter. Rob, is this the one that he talks about Rahm Emanuel?

• 1:06:38Tom Ellsworth?

  Yes.

• 1:06:39Patrick Bet-David?

  Okay, go ahead and play this clip. Go for it.

• 1:06:41Speaker 05

  The public is aware of the mismanagement, the improper payments.

• 1:06:44Patrick Bet-David?

  What about the Department of Education? Now, I don't know that much about it. But I've never read good things. Rahm Emanuel, who I agree with almost everything, here was a quote, he said, "A third of eighth graders can't read." And now he wants to close the department? And I thought, "That's probably why they can't read." Or at least partly. I mean, it keeps, the numbers keep getting worse and worse and worse. And I don't know if the Department of Education is anything but, I mean, it doesn't really, I don't know what it does. Except, take money. It's sort of a middleman. It doesn't like run classrooms or do stuff like that. I don't think it makes policy. So where are you on something like that? I think that the Department of Education-

• 1:07:30Patrick Bet-David?

  Glenn, thoughts?

• 1:07:32Speaker 02

  Department of Education needs to be shut down. I mean, I know Betsy DeVos, and she said, "You walk around that place," and she said, "It has nothing to do with local schools, has nothing to do with it." The teachers' union and Department of Education are the reason our kids are being churned out and pushed out into the streets without an ability to read anything. Those two operations, Department of Education, wipe it out. We've got to break up the unions. The unions are pretty much just another NGO that something like USAID, if it was in a foreign country, would be enabling and sending money to.

• 1:08:09Speaker 00

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• 1:09:11Speaker 02

  Tom.

• 1:09:12Tom Ellsworth?

  Well, married to a teacher and having who taught in LA Unified as a union teacher before she got fed up and went to private schools. So I know of what I speak and I've raised now two girls that have come through this and I've done a lot of research on it. And there are two changes that would need to be banked. And the first is merit-based accountability for teachers. Teachers need to be evaluated for their merit and their abilities like anybody else. And the ones that have poor attitudes or not abilities are no longer teachers. Simple. The union uses tenure to block the merit-based evaluation of the teachers. So number one.

• 1:09:54Speaker 02

  But give the teachers also an ability to teach. Let them find the good ones that teach in their own way and let them teach it.

• 1:10:01Tom Ellsworth?

  Correct. On the effectiveness of the teachers. Exactly. Completely. That's point one. And number two is there's a lot of stats that are out there that talk about the number of dollars per pupil. But they don't talk about is the actual impact dollars per pupil. In other words, they're funding million-dollar DEI programs, say, at a national level. Or a school board is actually funding creation of alternative textbooks and NGOs are getting that money. But then when you take, okay, there's 100 students here divided by 100 million. Oh, my gosh, that's a million per student. That's not what actually gets a student. You have to look at the teacher salary and the actual investment in the school

• 1:10:42Tom Ellsworth?

  and you'll find that. And so, number one, you gotta break the union or if you keep the union because you can't move it, you gotta have merit-based teaching in place, number one. And number two, you then have to go back and not worry about the woke and DEI programs at the school boards and go back to simple, hey, we need to elevate the capabilities of these students as referenced by the national test scores and make the school boards accountable to the macro test scores. If the school boards are accountable to macro test scores and the teachers are. accountable to being measured on their merit and effectiveness. Those two things will move it forward in America, but you also need a third thing.

• 1:11:27Tom Ellsworth?

  And people like to talk about it, but there is a third thing out there, which is parental impact. And how people parent and the value that people put on. Uh, ensuring that their kids are at school and how early you give them a cell phone and what you make them do. You don't have to have a lot of money to help them focus and to. Put guardrails around them of what they do after school hours. In terms of just studying and doing basic homework. So there has to be participation from the parents. And if those three points were pushed on a national level. All of this improves. And by the way, guess what? I haven't even mentioned.

• 1:12:04Tom Ellsworth?

  Department of Education, because what do they do? They're just doing programs from, from up high at the federal level. And you don't need it. You absolutely don't need it.

• 1:12:12Speaker 05

  Adam. Yeah. Bill Maher is like, I don't even know what the Department of Education does. I don't think many of us do. They don't. Exactly. Um, I think, you know, some of the pad always talks about senses that common sense will hopefully prevail. Whatever's happening in government right now, if you want to break down the whole. Department of government efficiency, a lot of it is not even necessarily efficiency. It's accountability. They're basically saying, yeah, I think it was, um.

• 1:12:40Speaker 05

  They talked about zero base budgeting and basically going line by line. Like where, what are we doing with this money right here? Where's this going? How, who's spending, where's it's going Guatemala trans surgeries? What? We're doing puppet shows in Iraq. Like where's all this money going? And I think that people are basically just starting to. Understand, all right, I don't know where this money is even fricking going. Hold on, what? We're giving, we're not giving money to citizens in North Carolina or California. We're giving it to illegal immigrants and hotels in New York. Um, these teachers unions are basically not abling kids to learn. Let's make sure we prioritize families and kids, not teachers unions. Let's prioritize, how about women, not trans women?

• 1:13:24Speaker 05

  Like, just common sense needs to prevail. And the Department of Government Efficiency will hopefully hold these people accountable and make sense where this money is even going.

• 1:13:33Patrick Bet-David?

  And by the way, while you're saying this, you know, these list of ridiculous insane things that USAID spends your money on? Rob, I'm gonna text you this clip by Ben Bernanke, I want you to play in a minute here. But I want to read through this to you. Millions of taxpayer dollars were spent on controversial projects worldwide, including 7.9 million dollars to teach Sri Lankan journalists how to avoid binary gender language. Number two, four and a half million dollars to-

• 1:13:59Speaker 02

  Thank God, who hasn't been calling for that?

• 1:14:00Patrick Bet-David?

  That's right. Four and a half million dollars to combat disinformation in Kazakhstan.

• 1:14:04Speaker 02

  Yes.

• 1:14:05Patrick Bet-David?

  Two million dollars for sex changes and LGBTQ activism in Guatemala.

• 1:14:09Speaker 02

  Thank God, we're fixed now.

• 1:14:11Patrick Bet-David?

  2.1 million dollars to help the BBC value the diversity of Libyan society. Now I can sleep good at night. 10 million dollars-

• 1:14:18Tom Ellsworth?

  BBC is in British Broadcasting Corp.

• 1:14:20Patrick Bet-David?

  10 million dollars worth of USAID-funded meals ended up with an Al Qaeda-linked terrorist group.

• 1:14:25Speaker 02

  Yes.

• 1:14:26Patrick Bet-David?

  6 million dollars for tourism in Egypt. 5 million dollars to Eco Health Alliance, which helped fund bat virus reached at the Wuhan lab. 1 and a half million dollars to an Armenian LGBT group.

• 1:14:37Speaker 02

  That's what matters, that's what matters.

• 1:14:40Patrick Bet-David?

  I'm not even supporting it.

• 1:14:41Speaker 02

  Forget about-

• 1:14:42Speaker 05

  Let's let that one slide a little bit.

• 1:14:44Speaker 02

  Forget about the Armenian genocide that's going on.

• 1:14:49Patrick Bet-David?

  We gotta touch LGBT.

• 1:14:50Speaker 05

  Don't worry about the Armenians.

• 1:14:51Patrick Bet-David?

  1 and a half million dollars to the LGBT advocacy in Jamaica. 2 million dollars to promote LGBT equity in Latin America through entrepreneurship. 2.3 million dollars for artisanal and small-scale gold mining in the Amazon.

• 1:15:03Speaker 02

  I don't even know what that means.

• 1:15:04Patrick Bet-David?

  Yeah, 5 and a half million dollars for LGBT activism in Uganda. This is where the money is going, but this is why people are so annoyed. I want you to watch this clip. This is from 08, 09, okay? 09. Ben Bernanke is being asked about where a half a trillion dollars of money went to. This was shared to me by Brandon. Play this clip, you know, watch the way he answers and just watch his body language. And tell me if you believe it, go ahead, Rob.

• 1:15:29Tom Ellsworth?

  But Pat, what was he back then?

• 1:15:30Speaker 05

  He was the chairman of the Fed.

• 1:15:31Tom Ellsworth?

  Fed, he was the head of the Fed.

• 1:15:32Patrick Bet-David?

  No, no, this guy was like the previous Jerome Powell.

• 1:15:35Tom Ellsworth?

  Younger people, the younger people.

• 1:15:37Patrick Bet-David?

  Play this clip, go for it.

• 1:15:38Speaker 03

  Who got the money? Two financial institutions in Europe and other countries. Which ones?

• 1:15:45Speaker 03

  I don't know.

• 1:15:46Patrick Bet-David?

  Half a trillion dollars.

• 1:15:47Speaker 03

  A trillion dollars and you don't know who got the money? The loan went to the, the loans go to the central banks and they, they then put them out there, um, to their institutions to try to bring down short-term interest rates in dollar markets around the world. Well, let's start with which central banks got the money? There are 14 of them, which are listed, um, in our, I'm sure they're listed in here somewhere.

• 1:16:09Speaker 03

  All right, so who actually made that decision to hand out a trillion dollars that way? Half a trillion dollars? Who made that decision? The Federal Open Market Committee. Okay, and was it done at one time or in a series of meetings? A series of meetings. And under what legal authority? We have a longstanding legal authority to do swaps with other central banks. It's not an emergency, it's not an emergency authority of any kind. Anything specific about it?

• 1:16:34Patrick Bet-David?

  Yes, his lawyer.

• 1:16:35Speaker 03

  Um, do you know the?

• 1:16:37Patrick Bet-David?

  Anybody?

• 1:16:39Speaker 03

  My counsel says section 14 of the Federal Reserve Act.

• 1:16:44Patrick Bet-David?

  Tom, thoughts on this?

• 1:16:46Tom Ellsworth?

  You know, it, it's amazing that such a massive, by the way, he's, does anybody remember how much TARP was? What was TARP? 700?

• 1:16:57Speaker 02

  787 billion dollars.

• 1:16:59Tom Ellsworth?

  Okay, so we're talking about a number that is 75% of TARP? And TARP, we agonized over it and who's getting it and is everybody gonna pay it back? And I guess Ford didn't take it, you know, there were islands in the stream of companies that didn't do it. And we were so concerned about all that TARP money and he is casually talking about, yeah, we, we gave it to the central banks, central banks give it to their banks. Half, half a trillion dollars. And him, you know, it shows how big the dollars are at the FOMC, the Federal Open Market Committee, and how big the world economy are, but also how blasé our number one

• 1:17:39Tom Ellsworth?

  leader is about it and not knowing it. How can you not know? Well, it was a half a billion dollars and it was a really tough time because this is 2009. And I think all you good people know that last year, oh, eight was a suck of a year. And so it went this far, much that this where this much went here, this much went here. Because of the contagion that was the collapse in the US. Spread over to those banks. And so we needed to give them liquidity and here's the top five.

• 1:18:05Speaker 02

  And this is just the beginning of it.

• 1:18:07Tom Ellsworth?

  Don't you want a guy to say that?

• 1:18:09Speaker 02

  We tracked this about four years ago. There's about three, four trillion dollars that did just that, just kind of just disappeared. From the United States. The scary thing is. This is where we get war. This is when the entire world is destabilized. Besant said just this weekend. He said, you know, Elon Musk is going in and he's going to make recommendations. He's not making changes. He's making recommendations. We did this in the seventies. We did this in the nineties and nothing happened. He said, so we're going to get his recommendations and I don't make the decision. This Secretary of Treasury, I don't make the decision.

• 1:18:51Speaker 02

  Me expecting him to say the president and I will make the decision. No, no, no. We will give these recommendations to the Federal Reserve and they will make the decisions. Excuse me? So when, when Elon Musk said, we've got to audit the Fed. When you get to the central bank of the United States and they try to get in there. That's when you're going to see the entire world destabilized because that thing is a black hole. A black hole.

• 1:19:20Tom Ellsworth?

  I think this is just inevitably needed. I mean. When you, when you ask the common person and they say, I paid taxes, you know, I made 300 grand this year. I made 100 grand this year. I made a half million this year. I made 50 grand this year.

• 1:19:31Speaker 05

  Where do all my taxes go? You know, you go look at your paycheck and it has your, you know, social security, your Medicare, your Medicaid, you have all these employee tax payroll. You're like, what, what am I? What's, what's happening right now? So then, you know, accountability is a hell of a, is a hell of a drug. And when you start asking these questions, so yeah, what happened to a half a trillion dollars? He's just like, yeah, I don't know. What my lawyer said, yeah. According to section 472, I don't really know.

• 1:19:57Patrick Bet-David?

  But that's also the reason why America is excited about Doge.

• 1:20:02Speaker 02

  Yes.

• 1:20:03Patrick Bet-David?

  That's why. It's very simple. America just wants to know where is my money going? And you, you talk about team of rivals. You know what it makes me think about? Why it's possible for the three, three trillion dollars to be gone? If there's such a thing as team of rivals, there has to be such a thing as team of criminals.

• 1:20:19Speaker 02

  Yes.

• 1:20:20Patrick Bet-David?

  Where they protect each other. And it's like, hey, how much you got? Okay, cool. All right. Good. Good for you, my person. Okay, I'm gonna go, how much you got? Guys, yes. So this is, well, look, sometimes it happens and you know, but we're gonna have to move on. And to see what's in the bill, you have to pass it first to find out exactly what we're spending money and trust the politicians that they have the best interest in you. And we're like, uh, no.

• 1:20:39Speaker 02

  Exposing those people is Jason Bourne stuff. That's when you get the most powerful people with all this money saying, not me, not me. Cause a distraction. That's when you start to have wars.

• 1:20:53Patrick Bet-David?

  And that, and that's the problem, Glenn. I think, sorry, Adam, uh, just, I, I think that's the problem of why this guy has been such a threat to them.

• 1:21:01Speaker 02

  Yes.

• 1:21:01Patrick Bet-David?

  No wonder why they tried to shoot him. No wonder why they're trying to destroy us. It just hasn't stopped because now he's in, he's pulled back the curtain and Glenn, and now we're going transgender Guatem- what the?

• 1:21:11Speaker 02

  So, so listen to this, though. You, you, we're still framing this incorrectly. People are saying, where did my tax money go?

• 1:21:17Patrick Bet-David?

  Yeah.

• 1:21:17Speaker 02

  You will work your entire life, your entire life. You will struggle to make your taxes to, to be able to go to the grocery store because you're paying your fair share.

• 1:21:30Patrick Bet-David?

  Yeah.

• 1:21:30Speaker 02

  All of your money will not pay for the LGBTQ advancement in Uganda. Everything you've paid your entire life will not pay for that one program.

• 1:21:47Speaker 02

  What the hell? You say we're here and I'm getting, you know, social security tax taken out. Then I have to pay my income tax. They're spending not only the income tax. They're spending more than the income tax and they've spent your social security money as well. They're leaving you penniless. For what? Not Ugandans. They're doing it for the NGOs and the power.

• 1:22:09Speaker 05

  And not even the NGOs as well. I mean, look at the Department of Defense. So I mean, I think, Rob, I sent you that clip, the conversation that Jon Stewart had with, I think, the deputy secretary of the...

• 1:22:22Patrick Bet-David?

  This is not new.

• 1:22:23Speaker 05

  Okay, but the point is, this is, this is the problem.

• 1:22:27Patrick Bet-David?

  Yeah, you can play this clip, but play the clip. This is older. And Rob, if you can get the date so we can tell the audience when this is from, go for it.

• 1:22:33Speaker 02

  Two summers ago.

• 1:22:34Patrick Bet-David?

  There is a lot of waste, fraud and abuse within a system.

• 1:22:37Speaker 01

  Audits and waste, fraud and abuse are not the same thing. So let's decompose these cases for a moment.

• 1:22:43Patrick Bet-David?

  Then please educate me on what the difference is.

• 1:22:45Speaker 01

  Sure, so an audit is exactly what you just described, which is do I know what was delivered to which place?

• 1:22:50Patrick Bet-David?

  Right.

• 1:22:50Speaker 01

  The ability to pass an audit or the fact that the DOD has not passed an audit is not suggestive of waste, fraud and abuse. That is completely false right there.

• 1:22:59Speaker 05

  Because we didn't pass the audit.

• 1:23:00Speaker 01

  Now, it's a question of, it's suggestive that we can't, we don't have an accurate inventory that we can pull up of what we have where.

• 1:23:09Speaker 05

  Watch her laugh, watch this laugh.

• 1:23:11Speaker 01

  That is not the same as saying we can't do that because waste, fraud and abuse has occurred.

• 1:23:15Speaker 05

  Ready for the laugh?

• 1:23:17Patrick Bet-David?

  In my world.

• 1:23:18Speaker 01

  Yeah.

• 1:23:19Patrick Bet-David?

  That's waste.

• 1:23:20Speaker 01

  How is that waste?

• 1:23:22Patrick Bet-David?

  If I give you a billion dollars and you can't tell me what happened to it? That to me is wasteful. That, that means you are not responsible. But if you can't tell me where it went, then what am I supposed to think? And when there has been reporting, I mean, this is not, look, I'm not, I'm not saying this is on you. And that you caused this, but I think it's, it's a tough argument to make that.

• 1:23:46Speaker 01

  I'm pretty sure I didn't cause it.

• 1:23:48Patrick Bet-David?

  Eight hundred and fifty billion dollar budget to an organization that can't Disturbing to listen to like what's funny about

• 1:23:55Speaker 02

  This this this is this is the best thing that can happen that Donald Trump can do right now. You're going after USAID and so all the liberals are saying, oh, my gosh, you're going to stop feeding children.

• 1:24:09Speaker 05

  Yeah.

• 1:24:09Speaker 02

  What are they gonna say when the conservatives go into the Pentagon and say, look at the billions of dollars?

• 1:24:17Speaker 05

  Yeah.

• 1:24:18Speaker 02

  That you have nothing to say. You have nothing to say. We're supposed to be. We're supposed to be the warhawks. I don't want any waste, any abuse.

• 1:24:26Speaker 05

  Thank you.

• 1:24:26Speaker 02

  And no bribery.

• 1:24:28Speaker 05

  Yeah. And you know what drives me crazy though? Because we had Chris Cuomo, who you know, we love Chris and he was here. The their attitude is the Democrats attitude is like, yeah, but it's just it's a one percent. I'll go, I don't give a shit.

• 1:24:40Speaker 02

  I don't care.

• 1:24:41Speaker 05

  How percent? It's billions and billions. It's like with the border. If one girl, one American girl gets raped and murdered by an illegal, that's too much. I don't want one dollar going anywhere for anybody else. It's America first.

• 1:24:54Speaker 02

  If you see, if this was happening at your church, the federal government would be all over that church saying they're wasting your money. There's graft and that church could stand up and say it's only one or two percent. It doesn't matter. It doesn't matter.

• 1:25:08Patrick Bet-David?

  Yeah, by the way, that clip was from April 6, 2023. So exactly two summers ago.

• 1:25:13Speaker 05

  So not even your church. How about your household? So I do a lot of personal finance consulting on Mynect. By the way, download Mynect. And I always start when people say, I want to get better at investing. I want to understand how to save more. I want to see what I'm doing. I go, all right. Step one, we're going to do a budget. I was like, how often do you do a budget? Ah, not often, Adam. All right. Well, two thirds of Americans are living paycheck to paycheck. And it just so happens that two thirds of Americans don't do a budget every month. All right, here we go. What's your rent? What's your transportation? What's your F and B? Oh, so you make a hundred thousand dollars a year. Your rent's only 1,200. How do you? Where's all your money going? There's forty grand missing in your budget. That's not like four hundred.

• 1:25:54Speaker 05

  Well, you know, I do eat out a lot and uh, I went on a bunch of vacations this year. I'm like, there's all this money is unaccounted for. And you're wondering why you don't have money to invest.

• 1:26:05Patrick Bet-David?

  The way she put it, the way she paints it is, well, that's a person making fifty thousand dollars. You're a hundred thousand dollars a year. Adam, we're dealing with an eight hundred fifty billion dollar budget. Stop it. I mean, for us to be able to tell you exactly what we're doing, it's not even possible. So you guys live in your small little life while we live at this high level and, and we, we went to the school to like real good schools. So who you'd even say who we are?

• 1:26:28Speaker 05

  And then my counter argument would be, listen, woman, that's even more so to make sure that we're not missing a zero. And sending fifty million instead of fifty billion.

• 1:26:38Patrick Bet-David?

  You're so dramatic. Knock it off.

• 1:26:41Speaker 05

  You know what?

• 1:26:41Patrick Bet-David?

  That's what they would say to you.

• 1:26:42Speaker 05

  Guys, we have forty trillion dollars in, in debt. We have a two trillion dollar deficit every year. Ah, just don't worry about it.

• 1:26:49Speaker 02

  Two hundred billion dollars going to Ukraine. We now know that about thirty percent of that actually made it to the front lines. We know this. We've been exposing this for a long time. You, it takes, you gotta give ten percent to this guy to get to this guy. And then ten percent of this guy to this guy and this guy and this guy, and then it gets to the front lines. They're now, we now know that they are selling some of those arms to the border cartels. Okay? That's why this matters. That's why we should have known exactly where every dollar goes.

• 1:27:24Patrick Bet-David?

  Well, let's go to, while you're talking about that, you know, Chelsea Clinton was accused of getting paid eighty four million dollars. Rob, if I'm not mistaken, right? There was eighty four million dollars that went to the family. I don't even know what page it's on. And she comes out.

• 1:27:39Speaker 02

  Didn't go to the family, went to.

• 1:27:40Patrick Bet-David?

  Went to the foundation. Went to the foundation from USAID. Is this, uh, if you go a little lower on this story with Hillary Clinton, Chelsea Clinton. A claim circulated to social media that Chelsea Clinton took home eighty four million dollars from USAID. Chelsea Clinton, daughter of Hillary Clinton and Bill Clinton. The USAID has recently come into focus because. of President Trump's administration to dismantle etcetera etcetera go a little bit low Rob to see what the number is and at the center of it was Chelsea Clinton a chart going around from data Republicans showed how much money flowed into different organizations to a box labeled Bill and Hillary uh Bill Hillary and Chelsea Clinton gross receipts total in eighty four point six two four million and

• 1:28:20Speaker 02

  Be careful yeah be careful on thi- thi- this is the problem um and and as conservatives that are for all of this stuff cutting and finding the graft we have to be very careful that the that what people are getting from this is we paid three million dollars for her wedding we don't know that we do not know that what we do know is that eighty four million dollars went to the uh the Clinton initiative how they then spent that I don't think we have the goods on it yet I I haven't seen

• 1:28:54Patrick Bet-David?

  I totally get it all I'm saying to you is I'm showing you this and then I'm showing you how she responded so then she responded lies and conspiracies about my family uh and me are nothing new still I'm particularly troubled by the absurd claim that the continue to pervade social media this week fact checks being demand damned fact I'm proud the Chelsea Clinton the Clinton Foundation has helped tens of millions of people worldwide

• 1:29:16Speaker 02

  Like in Haiti

• 1:29:17Patrick Bet-David?

  our impact speaks for itself I don't take a cent from the foundation never have in fact my family personally contributes meaningfully to our work each year misinformation isn't just noise it's a weapon efforts to undermine good work won't stop us and we stand in solidarity with those who are committed to the truth public health progress and the endless potential of our future Glenn

• 1:29:38Speaker 02

  uh as somebody who runs a charity I can tell you that I know where every single penny goes uh we do two audits a year because it's got my name on it if some if if a dollar goes to the wrong place I'm done I'm done so we audit and audit and audit and the first thing I ask every time can you tell me where every dollar is going do you know where every dollar is being spent for I'd be I'd be doomed by the federal government as I should be if I'm a charity and I can't answer every single question

• 1:30:18Speaker 02

  When are we going to see the Clinton initiative truly audited? When are we going to see these NGOs truly audited and know where every penny goes?

• 1:30:29Patrick Bet-David?

  I think that's what a lot of American people want. That's what they're questioning.

• 1:30:32Speaker 02

  And they want jail time if you broke the law.

• 1:30:34Patrick Bet-David?

  Sure, they want to say if you did anything wrong with the money that you and your parents have been raising for decades, guess what, let's hold you accountable. But if you're claiming you're noble and the money's gone to the right people and you've helped change so many people's lives, let's recognize you. Yeah, go on, sure, there's nothing wrong with that.

• 1:30:49Speaker 02

  And I'm totally fine. I want Republicans to go to jail if they've been stealing money. I want Democrats and independents. I don't want corruption. No American should be for any of this.

• 1:31:01Patrick Bet-David?

  Well, let's.

• 1:31:01Speaker 02

  Straight to jail.

• 1:31:02Patrick Bet-David?

  Let's talk about this next story that I'm really curious to know where you guys are going to go with this. Page 15 is Anthony Fauci.

• 1:31:11Speaker 02

  Oh, doctor.

• 1:31:12Patrick Bet-David?

  Under investigation by state AGs. This is an Outkick story. 19 state attorney generals led by South Carolina AG Alan Wilson sent a letter to Congress stating their intent to hold Dr. Anthony Fauci accountable at the state level despite President Joe Biden's preemptive pardon. The letter says, although former President Biden attempted to shield potential bad actors like Dr. Anthony Fauci from accountability via preemptive pardon, we are confident that state laws may provide a means to hold actors accountable for their misconduct. They requested that Congress share any findings of violations of state laws so they can evaluate state level courses of action. The AGs accuse Fauci of suppressing discussions about the lab leak theory and misleading the

• 1:31:56Patrick Bet-David?

  public on COVID vaccine risk, which they say contributed to an erosion of trust in health institutions. They wrote, Dr. Fauci led a deliberate campaign to stifle the voices of premier health scholars regarding the lack of adequate testing of vaccines, which kept the public from knowing about risks like myocarditis and pericarditis among young adult males, the verified increased risk of blood clots in women and the long-term effects vaccines had on fertility. Glenn, will anything happen to Fauci?

• 1:32:27Speaker 02

  Yes. And I, I, I did not believe this. I mean, a year into it, I did a two night special on just the stuff that we could find in public spaces that showed the smoking guns everywhere. Now we have the actual data. Now we have a preponderance of evidence. And it, and he's backdated it to 2014 for very specific reasons. This guy has been breaking the law and becoming his own god. And it, he has to go to jail. And I never thought he would, but under Trump, it's not going to be vengeance. It's not going to be, you know, repaying his enemies.

• 1:33:11Speaker 02

  They are looking for the truth between Pam Bondi, Cash Patel, Bhattacharya. They're going to unravel this thing. And they're, he's going to jail. And it will because, be because of the states. They have a right and a duty to do it.

• 1:33:27Patrick Bet-David?

  Vinny?

• 1:33:28Speaker 05

  I, I'm Glenn, like, I, I have a, a list of the top three people that I, I just despise. As, as hard as this, being a Christian and trying to pray, and I actually have to pray for these people. That's the hardest thing I think about being a Christian. I have to pray that they get their souls intact because at one point they're going to be judged. But this, he's, he's at the top, and Alejandro Mayorkas have always been at the top, and Pat knows this. He, he pushed these lies. And like, I, I saw a meme. Imagine getting medical advice from a, a doctor that needs a pardon for the medical advice that he gave you. That's why all these freaking Democrats, all these people, but you remember Glenn? They would put those pictures of him in front of their lawns, like they would worship this, this demon.

• 1:34:10Speaker 02

  He was the, the golden calf.

• 1:34:12Speaker 05

  He was the golden calf. And people are like, well, Trump was, I mean, he's been around for what, seven presidents? But while this is all going on, Pat, Doja announced and Elon, then the past 48 hours, HHS canceled 62 contracts worth 182 million. And one of them was ready for this, ready for spending, $168,000 contract for an Anthony Fauci exhibit at the NIH museum. They're like, put that, yeah, that's going down. And then the one more thing that I saw, it was Lauren Boebert was having a House Oversight Committee hearing, and they questioned Justin Goodman. He's a senior vice president at the White Coat Waste Project about the National Institute NIH funding research that involves

• 1:34:52Speaker 05

  they were implanting tissue from aborted fetuses into lab animals. So abortions, that's why they're so pro-abortion. He confirmed that such studies have been funded by the NIH, specifically mentioning Dr. Fauci's NIH allergy and infectious disease. That's what he was doing. You want to hear this clip?

• 1:35:10Speaker 00

  Yeah, of course.

• 1:35:10Speaker 05

  This is it.

• 1:35:11Speaker 00

  Implant aborted baby parts into lab animals? Have you heard of that sort of research?

• 1:35:17Speaker 05

  Yeah, we did an analysis a few years ago showing that over 90% of experiments with using human fetal tissue and putting them involved, animals were funded by Fauci's NIAID.

• 1:35:31Speaker 00

  Do you know where they're getting the aborted human fetal tissue?

• 1:35:34Speaker 05

  A lot of it is happening at colleges and universities that have affiliated hospitals that perform that procedure. Pro-abortion, kill your babies, because guess what? We need to use them for experiments on animals.

• 1:35:44Speaker 02

  And what is the, and honestly, when you look at Fauci and what he was starting to do in 2014, what he really started it with Dick Cheney right after 9/11. Almost all of these, there is no medical reason to do these experiments. They have not made medicine better. They're not making us safer. In fact, the opposite. They are making things much, much more dangerous in the world. Where is the medical evidence that any of this was was good and useful? You can't even make that argument.

• 1:36:21Speaker 05

  Zero, zero. And the only comfort that I could have, Glenn, and I was thinking about this yesterday, for the rest, because they took away his security detail. He's finished. He has to pay for his own security, which is good. For the rest of his life, Glenn, anytime he looks out of a window, or he's outside in public, he's always going to be like this. At least I have that comfort, because how many people's lives he ruined? How many kids have lives have been ruined? And how many people freaking died that they couldn't go to their grandfathers and grandparents' funerals because that scumbag knowingly knew what he was doing?

• 1:36:49Speaker 02

  Well, I hope that nothing happens to him, except he goes to jail.

• 1:36:52Speaker 05

  No, I want him in prison for the rest of his life, but he's going to be nervous everywhere he goes for the rest of his life.

• 1:36:56Speaker 02

  Tom.

• 1:36:58Tom Ellsworth?

  Yeah, when everybody on social media that says, oh, he was pardoned, he was pardoned. Well, let me give you a constitutional lesson, no offense. Article two of the Constitution points out that the president can grant reprieves and pardons for crimes against the United States. And there are multiple precedents where the state attorney generals banded together, they banded together against Google and price fixing until it was taken up to the Southern District of New York by the federal government. So the states have the purview and the ability as well as to work in parallel. Really, Vinny, so you're in Arizona, I'm in New Mexico, and we have a hoodlum who's

• 1:37:42Tom Ellsworth?

  committed crimes in both and says, wait a minute, our indictment is word for word the same as your indictment. Tell you what, we'll wait for you, but as soon as you're done, then we're going to try them here. I'll give you an example. You have, you know, the hashtag Me Too, Harvey Weinstein. He was tried where? In New York? And who stood down and waited for the New York case? California. California. But soon as it was done, who had to have his old wrinkled butt put on a plane and went to trial in California? Harvey. Guess what? Ladies and gentlemen, that's what you're seeing. And I just wanted to back up a little bit because there's a lot of comments that are happening and there's a lot of stuff on social media. Biden pardoned him. No, not against state crimes.

• 1:38:26Tom Ellsworth?

  And you've seen it with Weinstein, and that's what we're going to see here.

• 1:38:29Speaker 05

  I'm just going to sort of be the rain on this Fauci going to jail parade. The chances, I think, of Anthony Fauci going to jail are less than 1%. Why would I think that? Who the hell we've ever seen go to jail for something like this?

• 1:38:43Speaker 02

  Who the hell's ever seen what we've seen in the last 21 days?

• 1:38:46Speaker 05

  Sure, I understand. However, you know, they just came out two weeks ago and they said, yeah, by the way, breaking news, straight up, it just, it did come from a lab leak. Nothing happened. China, but we're about to have the five year anniversary of COVID. Like in a, in a, in a couple of weeks. Five year anniversary. Has China paid anything?

• 1:39:06Speaker 02

  Uh.

• 1:39:06Speaker 05

  Have we had any accountability?

• 1:39:07Speaker 02

  Look at Missouri. The Missouri AG just sued China. China didn't even show up.

• 1:39:13Speaker 05

  Respect to the great state of Missouri.

• 1:39:16Speaker 02

  Yeah.

• 1:39:16Speaker 05

  Out of nowhere suing China.

• 1:39:18Speaker 02

  They are suing him.

• 1:39:20Speaker 05

  Okay, good.

• 1:39:20Speaker 02

  They're suing China for billions and billions of dollars, which means if, if they win this case, they can just take all the Chinese land out of America.

• 1:39:29Speaker 05

  That's a big if. Who knows? I'm rooting for America here now, guys. However, I just don't see any accountability here. By the way, throwing a Fauci in jail. Fauci is 185 years old. How old is Fauci? Eighty-five?

• 1:39:41Speaker 02

  Look good, let him die.

• 1:39:42Speaker 05

  Okay, I mean, what do you think is gonna happen? You think he's gonna just rot in prison for about six months?

• 1:39:46Speaker 02

  I hope so.

• 1:39:47Speaker 05

  Eighty-four years old.

• 1:39:47Speaker 02

  Yeah, he deserves it. That's what, Adam, that's what I want is accountability.

• 1:39:50Speaker 05

  I'm not saying that he does or he doesn't. What I'm saying is the likelihood of Fauci spending the rest of his life in jail. Knowing what we know, I just don't see it. I don't see it happening.

• 1:39:59Speaker 02

  Knowing what, I would absolutely agree with you.

• 1:40:03Speaker 05

  Hmm.

• 1:40:03Speaker 02

  Before January, uh, January 18th of this year, I would have absolutely agreed with you. But what happened when the president was elected? You, you are in a new reality. New reality. We have yet to see it pay off with somebody going to jail. But I know Cash Patel. I know Pam Bondi. These guys are not going to screw around. They're not. Donald Trump is not gonna screw around. I've never seen a president, do you know he made sticky notes? Every time he went off, he went off a stage and he had a promise that he made? He wrote it on a sticky note. And he put those all on a wall. And then, and when he was elected, he went through and said, this way, this one, this one, this one, this one.

• 1:40:48Speaker 02

  He's just checking them all off. He's going to do it.

• 1:40:51Speaker 05

  Has, has Trump made any public comments recently about Fauci at all? I don't think he has time. He's not even worried about it. He's gonna let them deal with it. He's gonna let.

• 1:40:59Patrick Bet-David?

  You don't think Trump has time to handle it? You know what's the biggest comment he's made? The biggest comment he's made is, um, my recommendation for who should run the Department of HHS? Is Bobby Kennedy. That's the biggest comment. Do you know who in America? Has investigated Fauci more than RFK? Nobody.

• 1:41:21Patrick Bet-David?

  Can you imagine out of all the people that are gonna go after you is the guy that wrote a book that sold millions of copies? He puts him in charge to go after you? Yeah, I mean, he, he, he's like, yeah, to write a book that technical, the way he broke down whatever L Z T A's, all this stuff, the history of it. He needs to do this job. Go see if there's, the only thing I care about is this. Fauci is still someone's father, he's someone's grandfather. Fauci is still someone's son, someone's nephew, someone's, you know, all of that. Fauci is someone's, someone, someone's family that loves the guy, right? Totally fine. If he committed a crime. If he manipulated people the way I'm convinced that he did.

• 1:42:05Speaker 02

  Yes.

• 1:42:05Patrick Bet-David?

  Destroyed kids' lives. Your mom, your dad dies, you can't go hug them or see them. He said Thanksgiving to not be around your family and stay away from your elderly. The only thing somebody in their seventies and eighties has left is company. It's the only thing they care about. They don't want money, they don't want a car, they don't want fancy food, they don't care about any of that stuff. All they care about is can you just have lunch with me? Can you just have dinner with me? Can you just come and let me tell you a few stories about back in the days? Can I? Sit down with me a little bit and just tell me you care about me. That's all he, how many people did he take that away from? Yeah, bro, let me tell you, that's personal. How many restaurants shut down because everybody was listening to this and your grandfather started a restaurant out of hard work, him and a grandmother?

• 1:42:50Patrick Bet-David?

  Build a restaurant that was passed on to your father and now you're running it and that was shut down because of COVID policies? No, but this is so deeply personal to people that those people have not forgotten. If he did anything, we find out when they investigate. I expect a hundred percent level of accountability on that.

• 1:43:06Speaker 02

  And this kind of action is why Trump would get a third term.

• 1:43:12Speaker 02

  Because they would see, wow, we're a completely different nation. He takes this stuff seriously and he answers to us. He feels like us, he answers to us. That, that, that's the kind of stuff when you throw out those seeds on a third term, that people will stand up and go, look at the people he just put in jail.

• 1:43:32Patrick Bet-David?

  Yeah.

• 1:43:33Speaker 02

  Look at the case they just made. He's cleaning it up. Give him another four years.

• 1:43:37Patrick Bet-David?

  Let's go to the next one. Trump says Hamas should free all hostages by midday Saturday or let hell break out. Rob, if you got the clip, play this clip and then I'll finish the story here. So, he makes this announcement. I want to say, what is it? This is yesterday, if I'm not mistaken. President Trump issues an ultimatum to Hamas stating as far as I'm, is this it, Rob?

• 1:44:01Speaker 02

  Yes, sir.

• 1:44:01Patrick Bet-David?

  Play the clip.

• 1:44:03Speaker 07

  Well, I would say this, and I'm going to let that be because that's Israel's decision. But as far as I'm concerned, if all of the hostages aren't returned by Saturday at 12 o'clock, I think it's an appropriate time. I would say cancel it and all bets are off and let hell break out. I'd say they ought to be returned by 12 o'clock on Saturday. And if they're not returned, all of them, not in drips and drabs, not two and one and three and four and two.

• 1:44:36Speaker 07

  Saturday at 12 o'clock. And after that, I would say, all hell is going to break out.

• 1:44:45Patrick Bet-David?

  Now, let me read this to you. Hamas says it's delaying next hostage release claiming ceasefire violations. Hamas announced it would delay the next hostage release accusing Israel of violating the ceasefire by preventing displaced Palestinians from returning to northern Gaza, targeting civilians and restricting aid. Hamas spokesperson Abu Obeyda stated the release of the Zionist prisoners next Saturday, February 15, 2025, will be postponed until further notice and until the occupation commits two and provides compensation for the entitlements. Of the past weeks, retroactively, Israel has denied violating the ceasefire and Israeli Defense Minister. Israel cats call Hamas move a blatant violation of ceasefire agreements.

• 1:45:26Patrick Bet-David?

  The ceasefire which began last month has so far resulted in five hostage prisoner swaps, freeing 21 Israeli hostages in exchange for 730 Palestinian prisoners. The next scheduled swap was set to release three more Israeli hostages in exchange for hundreds of Palestinian prisoners. Glenn, what do you think is going to happen here?

• 1:45:45Speaker 00

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• 1:46:15Speaker 01

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• 1:46:44Speaker 02

  Um, you know, I always wanted a president with a twitchy eye. I've always wanted one that, you know, like in the westerns, you're like, that son of a bitch just might kill all of us. You know what I mean? When you, when you have, yeah, when you have a president with a twitchy eye, you, you listen. Uh, and he, he does not make threats. He makes promises. Do this, or this will happen. Do this, and I will do this. That's a promise. And unlike most presidents that draw, well, this is a hard red line. And then you get to Sunday and nothing's happened.

• 1:47:26Speaker 02

  His hard red line, I think all hell's going to break loose. I think all hell's going to break loose. Now whether... Israel is just supported by us in doing it, or if we do it, I don't know.

• 1:47:40Patrick Bet-David?

  Vinnie.

• 1:47:41Speaker 05

  I mean, as a hostage, that is the last thing that you want to hear is an ultimatum. Like, because think about it, these are terrorists, we don't negotiate with them. And by the way, and I know this for a fact, we know exactly where they are, we know exactly, you know, who's holding them, we're the United States military, with Israel, they know all the freaking details, and I'm just curious as to, because think about it Glenn, if we're all terrorists and we have, you know, Tom and Rob as hostages, if you hear that threat, if you hear that by noon, and their attitude to me is that they're not going to back down, you know that once the breach comes in, these two are going to die just like that. They're, these are terrorists that have, they believe that Allah is going to have them

• 1:48:23Speaker 05

  and they're going to be virgins in heaven, that is the worst thing I think that could do, because that's going to lead to, they're done. If you attack, those terrorists are finished.

• 1:48:33Speaker 02

  The terrorists or the hostages?

• 1:48:35Speaker 05

  I'm saying, I'm sorry, everybody, hostages 100%. And my, my, my heart goes out to them, I can only imagine, we saw the release the other day, Tom, you mentioned this, there was two separate releases, the first group seemed like they were kind of healthy and...

• 1:48:47Tom Ellsworth?

  The four female Israeli soldiers.

• 1:48:49Speaker 05

  Yeah, and then they look frail.

• 1:48:51Tom Ellsworth?

  And they, they looked like they were in good shape, and yesterday, the day before yesterday, but yesterday news stories came out, and you saw the condition of these, I think, I think these were men in like their 50s, who should not have looked like that, they really looked malnourished, they, they looked bad and they were not jumping around.

• 1:49:07Speaker 05

  Yeah.

• 1:49:07Speaker 02

  So the question is, as a president, you have to look at all of it, but you also have to say, hmm, uh, should we have bombed Auschwitz? We would have killed a lot of prisoners, but we would have stopped them from doing that. Uh, I, I think you get to a point where you've negotiated and negotiated, which I, I'm not a fan of, but, okay, we got some people out, at some point, the president has to make that callous decision of, these guys are bad, they're abusing these people, uh, and it's got to stop, because if we continue to play footsie with them, they'll only grow, kill them, kill them all.

• 1:49:52Speaker 02

  No, and I agree, I just feel bad.

• 1:49:54Speaker 05

  Well, um, there's a famous phrase, F around and find out. And, uh, Trump has been basically warning Hamas, oh, you want to F around? Well, you're gonna find out what I say I'm gonna do. So I don't know what's gonna happen exactly. I think he's giving them till Saturday, but Trump's made a lot of promises before he said, you know, before I even, day one, before I even take office, we're gonna do all this. We're about to see. So at least you know.

• 1:50:19Patrick Bet-David?

  See, what do you mean? He, he, he, his threats, he delivers. You don't remember, Gassam Soleimani?

• 1:50:25Speaker 05

  No, I'm with you, but he has till Saturday. Today's Tuesday.

• 1:50:28Speaker 02

  Saturday till noon.

• 1:50:29Speaker 05

  Correct, that's what I'm saying.

• 1:50:30Patrick Bet-David?

  He doesn't have till Saturday.

• 1:50:32Speaker 05

  Correct.

• 1:50:32Patrick Bet-David?

  Yeah.

• 1:50:33Speaker 05

  Well, the, the reality is this.

• 1:50:37Speaker 05

  I haven't never heard, not one Palestinian, give a good plan. Give me a good plan. Give me a plan. Show me something. All I hear is chants of river to the sea, Palestine will be free. What does that even mean? Show me a plan. At least Trump's bombastic, ridiculous Taj Mahal Gaza Strip casino thing is better than whatever they're proposing. So the alternatives to the plan, all right, so what, what does Trump want to get done? He wants to get the Abraham Accords finished. He wants to get normalization between Saudi and Israel. Israel's already signed normalization and peace agreements with a handful of Middle Eastern countries. We're seeing, we're seeing stories come out that basically the Iran threats were actually realer than they actually were perceived to be. You're seeing these stories right there.

• 1:51:23Speaker 05

  He knows who the, the, um, head of the snake or the head of the octopus is, the Middle East, and it's Iran, and so does Saudi, by the way. So we're gonna see what happens on Saturday. However, Saudi's gonna have to come to the table. The Emirates are gonna have to come to the table. Egypt's gonna have to come to the table. Jordan, King Jordan, by the way, people don't understand, King Jordan, you can pull up that article in the Wall Street Journal. King Jordan, by the way, to my Arab friends out there, Muslim friends.

• 1:51:50Speaker 05

  There's a couple of different neighbors Israel has. Israel, I'm sorry, Egypt on one side, Jordan on another. Why doesn't Egypt want any of the Palestinians?

• 1:52:01Speaker 02

  Nor does Egypt.

• 1:52:02Speaker 05

  Not one, bro?

• 1:52:03Speaker 02

  Nor does Saudi Arabia.

• 1:52:04Speaker 05

  How about Jordan? Hey, take a couple of these guys. Not one? The king of Jordan, if you pull up that article right there. Trump wants Jordan's help with Gaza. The king is basically saying, nah, I'm good. What are you talking about?

• 1:52:16Tom Ellsworth?

  Didn't the Palestinians, you know, 80 to 120 years come out of Jordan?

• 1:52:21Speaker 05

  Well, there was a country called Transjordan at one point and basically Yasser Arafat tried to basically overthrow the king of Jordan, I believe in the 70s or 80s, right?

• 1:52:29Speaker 02

  That's why they don't want him.

• 1:52:30Speaker 05

  And they're basically, we're like, yeah, we don't want you. By the way, the people of Lebanon are like, no, we're good. Syria doesn't want...

• 1:52:35Speaker 02

  Because there's always a revolution.

• 1:52:36Speaker 05

  Okay, so, so if you're the, if you're the people of Gaza, what's your alternative? You can't stay in the area that is basically a parking lot. We gotta figure something out here. Because what's the definition of crazy? Doing the same thing over and over and over again. Every handful of years, they, they put a war together, they lose, they cry victim. Let's put them in a safe place where they can live in peace and prosperity.

• 1:52:59Speaker 02

  But what do you think about the terrorist situation? What do you think about Trump saying, if this doesn't happen on Saturday, we're going in? What, what, what do you think about that specifically? Because I'm curious, because these, how many, how many are left? How many hostages are left?

• 1:53:10Speaker 05

  What do you mean, what terrorist situation?

• 1:53:11Speaker 02

  The, what do you mean? The terrorists that are holding? The hostages.

• 1:53:15Speaker 05

  Hamas is terrorists? I thought they were freedom fighters. What do you mean, Vinny?

• 1:53:19Speaker 02

  Answer the question. What, what do you feel about that specific thing? Him tell, you're, you're, you're a hostage and you're, you're waiting there and on, on Saturday at noon, they're coming in whether you like it or not.

• 1:53:31Speaker 05

  Well, listen, whether it's the tariffs, whether it's this, whether it's Greenland, whether it's Panama, it's the art of the deal.

• 1:53:36Patrick Bet-David?

  We lived in Iran, we're in Tehran. Okay, Saddam says, we're gonna attack you. How do you think our parents reacted?

• 1:53:46Patrick Bet-David?

  I know what my dad did. We got in the car, four o'clock in the morning, we went to city of Karaj. Yeah. And if you want to type it on the map from Tehran to Karaj, type in how far is Tehran to Karaj? I'm sure you know how to spell it.

• 1:53:58Speaker 05

  Rob, you know how to spell this, Rob.

• 1:53:58Patrick Bet-David?

  How far is Tehran to Karaj?

• 1:54:00Speaker 05

  He just typed in the word Karaj.

• 1:54:01Patrick Bet-David?

  Karaj. J, J at the end. How do you use what letter is a rat? J, J. How far is Tehran to Karaj?

• 1:54:08Speaker 05

  Rob, it's not Cadillac.

• 1:54:09Patrick Bet-David?

  3,000 miles. Karaj is, could be with a Q, oh no, no.

• 1:54:13Speaker 05

  No, it's Karaj. You got him using the metric system out here, Pat.

• 1:54:17Patrick Bet-David?

  No, no, it's not it, anyway.

• 1:54:18Speaker 05

  By the way, type in Ahmadinejad real quick and just see if he's still hanging out there.

• 1:54:22Patrick Bet-David?

  To Karaj. Let me. Karaj? Anyways, Karaj is 58 kilometers. No, no, no, it's not, guys. I'm telling you, I'm looking at it right now. It's a 58 kilometers is what it is Tehran to Karaj. Anyways, we got in the car, we went there. What happened? Then they started bombing Tehran, and then he started bombing Karaj. Then from Karaj, we went to Bandar Palavi. Then Bandar Palavi is like northern. Then he started bombing Rashd. If you type in Rashd.

• 1:54:50Speaker 05

  You got this, Rob.

• 1:54:51Patrick Bet-David?

  That's two Rs.

• 1:54:51Speaker 05

  Rob, I believe in you. Power positive thinking.

• 1:54:54Patrick Bet-David?

  R A S H T. He's got a summer place there. He knows how to spell it. That's Rashd. Okay, so we went to Rash.

• 1:55:03Speaker 05

  Summer Rash.

• 1:55:04Patrick Bet-David?

  We went to Bandar Palavi, he bombed Rash. So, meaning, for people that are seeing Trump say that. Yeah. And you got a wife and kids, and you don't support the Hamas, but you're there, guess what? I'm talking about the families living in Gaza. Yeah. And you're worried about them, they have to get out. Now, for the hostages that we have, that they're gonna go and attack. You don't think now that Hexet is there, training with the guys early in the morning and the relationships that they have, you don't think they already have a team ready to go in there to? Oh, yeah. So, Trump's not gonna tell you, what does all, in your mind, when he says all hell will break loose, you're thinking missiles and bombs and all that stuff. No. When he's saying all hell's gonna break loose,

• 1:55:46Patrick Bet-David?

  that means whoever the top head honchos, the leaders are, you're about to meet your maker. Whether the 72, you know, are gonna be. I don't know, but you know what you're gonna find out here sooner or not.

• 1:55:58Speaker 02

  I'm pretty sure not.

• 1:55:59Patrick Bet-David?

  Well, I mean, listen, that's the promise. So you got to, everybody has a promise that they're banking on the faith and only one of them is gonna end up being right. We'll see which one it is, but the reality of it is, that's what that means. But what is the alternative? So let's flip it. So he doesn't do that. Is it to do this? Guys, please send them because these, they need to meet their families. Be noble and send them. We don't want to fight because please, what would you like?

• 1:56:26Speaker 02

  Exactly. It's like Team America and Hans Bricks.

• 1:56:29Speaker 05

  No, my, my, my point that I was going is like, first of all, where are the, where are the hostages? Where are they located?

• 1:56:35Patrick Bet-David?

  They know.

• 1:56:36Speaker 05

  Yeah, that's what I'm saying. They're not, I don't think they're in Gaza, are they?

• 1:56:38Patrick Bet-David?

  No, no, but what I'm saying is, they know, bro.

• 1:56:40Speaker 05

  Of course they do.

• 1:56:41Patrick Bet-David?

  Trump's camp knows where they're at. All they're doing is they want to make sure this is a public, you release them similar to Iran did with Reagan moments after he became, and they had those folks for how many days? Four hundred and forty-four days, whatever the date is that they had. Yeah, exactly. So, so we're gonna see Saturday between now.

• 1:57:01Speaker 02

  We may go in and all of them die anyway.

• 1:57:05Patrick Bet-David?

  It could happen as well. That's an option.

• 1:57:06Speaker 05

  Which I'm saying, yeah, I don't want to wait.

• 1:57:07Patrick Bet-David?

  I think that's the last option, but there's a possibility that could take place as well. I don't think Trump's gonna take that option. I think he's gonna take a different option. Let's go to the next story. The next story I got here is a business story with P W C. Consulting giant P W C, whom we've worked with many times, discourages white Asian students from applying to career programs. White and Asian. I'm glad it didn't say Assyrian, but it does say white and Asian. Let me read this to you. Okay. P W C's career preview, a three-day summer seminar in Orlando explicitly excludes white and Asian students from applying, stating applicants must self-identify

• 1:57:46Patrick Bet-David?

  as a member of traditionally underrepresented group in the professional services industry, black or Latino Hispanic. Another P W C program start experience encourages a range of racial backgrounds that excludes Caucasian people and East Asians with eligibility prioritizing black and African. American, Hispanic, or Latinx, American Indian, or Alaska Native, Native Hawaiian, or other Pacific Islander, or two or more races, protected veterans, individuals with disabilities, and/or first-generation college students, which is DEI. PWC has defended its DEI strategy, stating on its website that it is grounded in data and accountability.

• 1:58:26Patrick Bet-David?

  Knock it off. Supports measurable programs, and helps create an environment where everyone feels valued and empowered. Tom?

• 1:58:34Tom Ellsworth?

  In her quote, the word "feels" is the core of Democrat and DEI outrage. It's how I feel. I feel this isn't fair. I feel this. And they say, "It's grounded in data." Okay, so they've done a census of who's what race in their company, and they have to throw that in there.

• 1:58:57Patrick Bet-David?

  You know what it says when it's grounded in data? They gave McKinsey a half a million dollars. That's what that means.

• 1:59:00Tom Ellsworth?

  That's exactly right. Exactly. And this is horrifying, because, basically, this is supposed to be a career preview for everyone, except you and you. May I tell you, the irony of this, the irony of this, is Gavin Newsom, who's having a lot of problems in California, because you notice he's been kind of quiet for two weeks? Have you noticed that? Yeah, he's written in the gel. Yeah, because, no, no, there's a lot of things that have been going on, that he's been, like, the insurance and stuff we talked about. Well, guess what? UCLA and UC Berkeley were sued as part of a class act that claims UC. Now, remember, UC, it's a UC system. We're not talking Stanford. We're not talking USC. Why is that important? Because those are

• 1:59:42Tom Ellsworth?

  private schools. We're talking the UC system, your tax dollars. UCLA, UC Berkeley, and they were specifically excluding, wait for it, Caucasians and Asians, from their admission quotas. There you go. And so, UC, that is now a lawsuit coming down, that's going to be at the federal level soon, where the people in California are saying, "Wait, you're using our money, and yet, for the UC system, and yet, you're excluding part of the citizens that are paying taxes for that?" You know, sorry, that doesn't work. And what you have now, and here, now you've got a public company, that, and by the way, we are, we are under

• 2:00:24Tom Ellsworth?

  their thumb, because they're doing something right now that is really a pain in the neck to us, and we think it's wrong-headed. But we look at this, and now you see... Career preview, but not if you're white or you're Asian. This is exactly what the opposite of merit is all about. They're responding to a mob that says we feel-

• 2:00:45Patrick Bet-David?

  What a terrible timing, though.

• 2:00:47Tom Ellsworth?

  Exactly.

• 2:00:47Patrick Bet-David?

  It's double dumb.

• 2:00:49Tom Ellsworth?

  It's double dumb at a time where California has a huge- this is a giant lawsuits coming down after the Department of Justice, three years ago, got after Yale for de-preferencing, wait for it, Asians and Caucasians. Department of Justice went after that in the Biden administration. Now, you know, it's got to be bad when, under the Biden administration, the Department of Justice actually walked two steps across the street to go after Yale. And the timing of this is terrible. This is just a, it's a horrible program. It's a horrible look and it spits on merit. And by the way, we're supposed to trust you to do quality of earnings reports and do audits on our companies? And you're not worried about merit? Let me tell you, I'm going to say something here. I'm not going to name names.

• 2:01:35Tom Ellsworth?

  Over the last three weeks, there was a flub that was done by a vendor that Pat and I know about. A very big financial vendor resulting in big fines that came from the IRS. And the organizations that we know very well that were to be subject to the fines, guess what? The financial services company came back and said, sorry, we're going to pay the fines to the IRS for you. So these flubs happen with good people. And now they're absolutely spitting on merit? Really? Glenn.

• 2:02:09Speaker 02

  I think this is rich coming from you guys. I'm sitting at just, can you take a wide shot of the room, please? Notice there's only one black chair and no yellow chairs or red chairs.

• 2:02:19Speaker 05

  So racist.

• 2:02:20Speaker 02

  This, I mean, that's, I'm out. That's all I have to say.

• 2:02:24Speaker 05

  I fully agree.

• 2:02:25Speaker 02

  That's all I have to say.

• 2:02:26Speaker 05

  Glenn, I understand.

• 2:02:27Patrick Bet-David?

  We knew that was coming up.

• 2:02:27Speaker 05

  The only black guy in the room. I knew it. I knew it.

• 2:02:30Patrick Bet-David?

  We knew that was coming up.

• 2:02:31Speaker 05

  Let me, um, let me actually use a metaphor here because, you know, this is a business consulting, big four tax firm.

• 2:02:35Patrick Bet-David?

  Race for impact folks.

• 2:02:36Speaker 05

  PWC. So imagine, you know, they said that sports is the last bastion of anti DEI and a meritocracy.

• 2:02:42Patrick Bet-David?

  Yeah.

• 2:02:42Speaker 05

  So imagine you're a basketball team. You're doing open tryouts. All right, guys, open tryouts for the Miami Heat going on this week. Um, excuse me, but no black people or tall people can apply for the job. So anyone else, we're looking for you guys specifically, maybe a little Asian, maybe a Jeremy Lin type situation. By the way,

• 2:03:02Speaker 02

  No Samoans.

• 2:03:03Speaker 05

  No Samoans. I mean, they're not playing in the NBA. Uh, we're doing open tryouts for the, uh, the New York Yankees. Uh, no Dominican players are allowed to play and no Venezuelans, no Cubans, because they're doing too good at the baseball. So, uh, just, uh, everybody else, sorry. Uh, um, uh, Ichiro, you, you, you can't apply either. No Asians either. Okay. Uh, soccer, yeah. Brazilians, you can't come. Uh, Argentinians, you, Colombians, no. It sounds so stupid because you're like, no, those are the best players. You want them there. That's exactly what, why don't they want the Caucasians and the Asians to do the, uh, counting thing?

• 2:03:44Patrick Bet-David?

  That's an insult.

• 2:03:45Speaker 05

  Because they're pretty damn good at that.

• 2:03:46Patrick Bet-David?

  It's almost an insult to, to be like, imagine you're in the room and there's no whites and Asians. It's, it's a way of saying, hey, guys, we don't think you can ever beat them.

• 2:03:55Speaker 05

  Yeah.

• 2:03:56Patrick Bet-David?

  But we care for you. You're more important to us than those guys that are more elite and smarter than you.

• 2:04:01Speaker 05

  Those Asians that are good at counting.

• 2:04:02Patrick Bet-David?

  But, but the, but the crazy thing is you don't even know that. Like, you don't even know that.

• 2:04:08Speaker 02

  It's racist to assume.

• 2:04:09Patrick Bet-David?

  But because you do that, it's an insult to everybody in the room. If you want to compete, who do you want to compete with? Beat out everybody. It's not about like, hey, you know, let me get the, no, that's, it's, it's so pathetic, but the part about this is this wouldn't have surprised. If I read the story three years ago, or even two years ago, or even a year ago, you would have reacted to it. Okay. Well, that's da, da, da, da, da. DI doesn't work. No, DI does work. Now with who's in, you want to double down? Are you sure? No problem. No problem. It's okay. Do it. Let's see what happens. Go ahead and do it. To, to impose a pathetic idea like this that we know did not work in divided America? Let's see how it does in the next three to four years. The market's going to talk. It's very simple.

• 2:04:51Speaker 05

  Yeah.

• 2:04:52Patrick Bet-David?

  You don't have to be upset about it. The market's going to tell us whether you're right or wrong, but take your time. Matter of fact, I suggest they keep this philosophy.

• 2:04:58Speaker 05

  Yeah.

• 2:04:59Patrick Bet-David?

  Stick to it.

• 2:05:00Speaker 05

  Yeah.

• 2:05:01Patrick Bet-David?

  Don't change it. Let's see what happens.

• 2:05:02Speaker 07

  upstream Tom and then coming downstream this is on the upstream level right but you know what

• 2:05:02Speaker 05

  And, and, and, you know, Tom talks about up

• 2:05:05Speaker 07

  happens when when this happens downstream yeah another metaphor where you know the consequences are going to be because of these practices because of people not being the most qualified that's when you get White House press secretaries that are horrible because she's a DEI hire that's why you have pilots and air traffic controllers that they're just they got they have to fill the quota of certain races that that aren't qualified you're gonna get surgeons you're gonna get military that is the downstream problem of shit like this is gonna happen we're gonna get the effects of that type of freaking attitude that racism which by the way I I completely stopped being racist um but I started again during the Super Bowl because in the end zone they stopped the end racism so I'm back Glenn I'm back to being racist

• 2:05:47Speaker 02

  but you're choosing love

• 2:05:48Speaker 07

  I'm choosing love but I'm still racist

• 2:05:51Speaker 05

  I feel you know who I feel bad for genuinely I feel bad for my Asian friends because everyone knows it's perfectly acceptable to be racist against white people these days that's fine

• 2:06:00Patrick Bet-David?

  guys whenever I see Adam at dinner I see eight Asians around him

• 2:06:03Speaker 07

  yeah always always

• 2:06:05Patrick Bet-David?

  yeah it's great

• 2:06:06Speaker 02

  but show me one time that somebody has come here with nothing they've you know they're from some country that maybe is an enemy of ours they don't really even speak the language and in one generation they're powerful and rich give me one example just one just one

• 2:06:30Speaker 02

  can anybody at this table relate

• 2:06:33Patrick Bet-David?

  very hard

• 2:06:34Speaker 02

  doesn't happen

• 2:06:35Patrick Bet-David?

  very difficult thing it's uh

• 2:06:37Speaker 05

  Canada wasn't war torn

• 2:06:39Patrick Bet-David?

  Vinnie you said Super Bowl let's go into the Super Bowl story so Kendrick Lamar performs Drake's diss track not like us at the Super Bowl halftime show and he doesn't say with one big change Rob I can't we can't show the clip because it's do you have anything to show you can't show it right

• 2:06:55Tom Ellsworth?

  I can show the only thing that I can show from the Super Bowl is this commercial that was released

• 2:06:58Patrick Bet-David?

  well wait wait we'll go to that but let's stay on this here first so and then he the one big changes Kendrick Lamar performed instead of rapping certified lover boy certified pedophiles Lamar went silent at the word pedophile while still delivering other cutting lines including say Drake I hear you like him young you better not ever go to sub block one trying to strike a chord and it's probably a minor anyways he went he went at it right he he did not hold back however Then there was a scene with Serena Williams making a surprise cameo. Again, we can't show that. She was dancing and I think she was doing a crip walk and

• 2:07:39Tom Ellsworth?

  I can show that to you guys if you guys haven't seen it, but we just won't show it.

• 2:07:43Speaker 05

  Yeah, Rob, I'd like to see that crip walk if you can, please.

• 2:07:46Patrick Bet-David?

  So she's doing a crip walk, which that's the one and guys in the back, don't play it. But that's the crip walk, which by the way, she's actually got it down pretty good. She knows what she's doing. Okay, so and so that's that. And then story comes out about the fact that she is performing with Kendrick Lamar. While Kendrick is dissing Drake, while Drake was her ex, I did not even know these guys dated. And then at the same time, you know, afterwards, you know, as he performed, there's a Grammy winner with this track, Not Like Us. After the show, Williams posted a video removing her costume and joking, oh, I did not crip walk like that at Wimbledon. I would have

• 2:08:29Patrick Bet-David?

  been fined. Her and joking, appearance paid tribute to her Compton, California roots aligning with Lamar's performance. Fans saw Williams' cameo as an extra layer of shade towards Drake, with whom she has a complicated history. The leaked 100 gigabyte data dump in 2024 revealed that Drake's 2016 song, Too Good, was written about Williams. Okay? And so if I ever learn anything this year, it's that none of us, not a single one of us, not even me, should ever pick a fight with Kendrick Lamar. And William has already taken a jab at Drake amid his feud with Lamar, saying this. Okay, then Stephen A. Smith comes out. Rob, if you have the Stephen A. Smith clip, Stephen A. Smith said the following about this exchange, and he does kind of make sense.

• 2:09:13Patrick Bet-David?

  Rob, if you want to play this clip with Stephen A., go for it.

• 2:09:16Speaker 00

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• 2:09:46Speaker 01

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• 2:10:17Speaker 03

  But the Compton connection is the Compton. Yeah, RC, that's what I was gonna say. The Compton connection. She's from Compton. No, we know. We know that. RC, you and I both know, even if she's not from Compton, we, everybody knows her and Drake were together at one point in time. And it seemed like everybody wanted to get their lick backs on Drake. RC, what Stephen A is saying, if he was in that situation and now he's married, he's not allowing any, none of that's happening. Hold on, no, no, no. That's what he said. If I'm married and my wife is going to join trolling her ex, go back to his ass. Because clearly you don't, you don't belong with me. What you worried about him for when you with me? I gotta get that lick back.

• 2:11:01Speaker 03

  Go ahead, RC, I'm sorry.

• 2:11:03Patrick Bet-David?

  Vinnie, thoughts?

• 2:11:04Speaker 02

  Well, first of all, she's doing the Crip walk. You know, her sister, Serena Williams' sister in 2003 was in Compton, was shot and killed by a Crip gangster drive-by, which was kinda, which was kinda weird. But going to my point, I mean, I, Serena, Yotunde Prince, the half-sister of Serena and Venus Williams, was tragically shot and killed on September 14, 2023, in Compton, California. 2003. 2003, my bad, by, by, by a Crip gangster. So that was weird.

• 2:11:31Patrick Bet-David?

  Robert Maxfield.

• 2:11:32Speaker 02

  Yeah, I don't know, I don't know about the, you know, the Drake, I mean, the Drake and the pedophile situation and the beef and the conversation. My thing was, and Pat, we talked about it, I tweeted about it, if we're supposed to be, you know, all-inclusive and ending the racism and getting all that stuff, what, there were, I didn't see one white performer during the entire performance of, and I get it, I get it, it's Compton and what. Whatever, whatever, but you can't be preaching it if you're not doing it yourself. Inclusivity, you want to be that person? And then the ending, my question is the end racism and end zone. That was just taken out for the Super Bowl. Is it coming back regular season?

• 2:12:05Patrick Bet-David?

  Well, it's in the video games. When you play Madden, it shows in the video game and racism.

• 2:12:11Speaker 02

  Yeah. And I don't know, I honestly don't know one person that's like, hey, listen, I was race, I came in and I was racist. But after that touchdown, man, I had a black guy in my house for dinner last night. It doesn't work.

• 2:12:24Tom Ellsworth?

  Why can't they make it say send fascism?

• 2:12:26Speaker 02

  That, there you go.

• 2:12:27Speaker 05

  Let's be equal. So, you know, when you're watching the Super Bowl, you're obviously hoping for a good game. Then you're, you're hoping for awesome, funny, cutting edge commercials. You're hoping for a great halftime performance. Oh, for three. The game sucked. I mean, the Eagles were up, what? 34 zip at one point. The commercials, I'm just waiting for a good one out here. No, fail, fail, fail. I'm like, all right. At least give me a halftime show that's worthy. Absolute dud. Absolute dud. And I'm with people of all ages, colors, sizes, you know, I was in the Bahamas for my buddy Chris's birthday. He has black family, white family. Yeah, Humphries, happy 40th birthday. Black family, white family, this, that, the other.

• 2:13:11Speaker 05

  I asked like the, he was like the, the white dad, right? And the friend of a friend, he's like, man, I'm just a fan of Jimmy Buffett, man. I just, I want to take me away to Margaritaville. What the hell's going on around here? And it was just, and I love hip hop. I'm hip, I could tell you every single song. Absolute trash of a performance. And then he got off the stage looking like, oh my God, it was the best thing ever. Nobody cares. Talking about having to live up to the moment. Michael Jackson, U2, Rolling Stones, Beyonce. Last year, even Usher killed it.

• 2:13:45Speaker 02

  Eminem and Drake.

• 2:13:46Speaker 05

  Janet Jackson with the generations, right? Justin Timberlake showing a little free the nipple vibe. This was gonna probably go down as one of the worst halftime performances ever. By the way, you know how you make up for it? Next year, you know who needs to perform? Drake.

• 2:14:03Speaker 02

  K-pop.

• 2:14:04Speaker 05

  Cause I can tell you this, Drake, the whole, the whole thing with the Super Bowl is you don't want to be like, I can't wait for that one song that everyone wants to hear. The whole concept is that you go banger, banger, banger, banger, banger. So every song Drake could put out 10 hits like that. The fact that even Kendrick Lamar is somewhat even on Drake's level is actually laughable to me. So anyway.

• 2:14:29Speaker 02

  Glenn.

• 2:14:30Speaker 05

  F all around.

• 2:14:31Speaker 02

  Yes. On this, yeah. Uh, the only thing I care about is the, uh, the scandal of the pedophiles and, uh, in the next 10 days, you're going to see the Epstein file released.

• 2:14:43Patrick Bet-David?

  In the next 10 days.

• 2:14:44Speaker 02

  Next, next 10 days.

• 2:14:45Speaker 05

  Oh, please.

• 2:14:46Patrick Bet-David?

  You think in the next 10 days, the whole thing's going to be released?

• 2:14:48Speaker 02

  Yeah.

• 2:14:49Patrick Bet-David?

  And, and what kind of information you have to be able to be that certain about it?

• 2:14:53Speaker 02

  Uh, I plead the fifth.

• 2:14:56Patrick Bet-David?

  In the next 10 days.

• 2:14:58Speaker 02

  Next 10 days.

• 2:14:58Speaker 05

  Oh, please.

• 2:14:59Patrick Bet-David?

  Yeah, stop it.

• 2:15:00Speaker 02

  Next 10 days.

• 2:15:01Patrick Bet-David?

  You're teasing millions who want that list.

• 2:15:03Speaker 02

  Day number one, uh, Cash Patel walks in. By the end of the day, it will be released.

• 2:15:08Speaker 05

  Oh, please. Did Cash Patel get confirmed yet? Not yet.

• 2:15:11Speaker 02

  Not yet.

• 2:15:11Speaker 05

  Did RFK get confirmed yet?

• 2:15:13Speaker 02

  Not yet.

• 2:15:14Speaker 05

  Tulsi?

• 2:15:14Patrick Bet-David?

  House, not senate, yeah.

• 2:15:16Speaker 02

  So as soon as he's confirmed, his first day, it will be released.

• 2:15:21Speaker 05

  Oh, I can't wait.

• 2:15:22Tom Ellsworth?

  Tulsi and Cash made it out of committee and they can.

• 2:15:25Speaker 05

  I wonder what, I wonder what Chelsea, if Chelsea Clinton's going to tweet that day about the lies and the.

• 2:15:29Patrick Bet-David?

  A hundred percent of the whole thing he will release?

• 2:15:32Speaker 02

  He will release it.

• 2:15:33Patrick Bet-David?

  Do you know what will happen if he releases a hundred percent?

• 2:15:35Speaker 05

  Yeah, I do. Yeah, I do.

• 2:15:38Patrick Bet-David?

  Oh my God.

• 2:15:39Speaker 05

  That would be.

• 2:15:40Patrick Bet-David?

  10 days, Glenn? Guys, hold Glenn accountable. I want you to go on Twitter.

• 2:15:45Speaker 02

  With one caveat, he has to be confirmed, if he's confirmed.

• 2:15:50Patrick Bet-David?

  What's Glenn Beck's handle on Twitter, on X? Rob, what, what's your handle? Is it Glenn, just Glenn, at Glenn Beck? G L E N N Beck. Glenn Beck said it, in 10 days.

• 2:16:03Patrick Bet-David?

  Epstein's List will be released.

• 2:16:05Speaker 05

  Wow.

• 2:16:06Patrick Bet-David?

  Go tweet, hold this man accountable, make sure we get it, and Rob just followed you right now.

• 2:16:12Speaker 05

  There was Rob.

• 2:16:13Patrick Bet-David?

  You got one follow right there. That is great.

• 2:16:15Speaker 05

  Glenn, are you related to the famous singer Beck by any chance?

• 2:16:19Speaker 02

  No, but he's related to me.

• 2:16:21Speaker 05

  There it is. There it is.

• 2:16:23Speaker 02

  No, we're not related.

• 2:16:25Speaker 05

  Do you know what he is?

• 2:16:26Patrick Bet-David?

  That was so quick.

• 2:16:27Speaker 05

  He would have been a better performer than Kendrick Lamar.

• 2:16:28Patrick Bet-David?

  That was so quick. Anyway, gang, great podcast. I think, Rob, I don't know if we've covered this many stories this quick in the last few podcasts. This was fast to the point, quick, loved it, not long-winded, not like I'm taking shots at anybody. But guys, Valentine's Day is away, few days from today. Go to VTmerch.com, place your order. This is, fellas, this is on you, fellas, because you know, sometimes we're not good with it. We forget, they get it for us, but we forget to get it for them. Get her a pink Future Looks Bright hat. You got two options. Get her the red Future Looks Bright sweater. Rob, go a little lower to see what other items we got here. Pick and choose. Go to VTmerch.com, Rob. Put this link below as well.

• 2:17:13Patrick Bet-David?

  Tom's wife actually wears these things all the time.

• 2:17:16Speaker 05

  I saw Tom wearing that one.

• 2:17:17Speaker 02

  I'm getting my wife that.

• 2:17:19Patrick Bet-David?

  There you go. We'll give you one. So Future Looks Bright.

• 2:17:22Speaker 02

  No, don't say that out loud. Then she's like, you just got it. They just gave it to you.

• 2:17:26Patrick Bet-David?

  She's not gonna be watching.

• 2:17:27Speaker 02

  No, honey, I worked really hard. I had to fight for that one. The last one.

• 2:17:30Patrick Bet-David?

  Gang, have a great day. We will do this again Thursday. Take care. God bless. Bye-bye.

• 2:17:39Speaker 02

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