Ukraine Strikes Moscow, Trump Bans CNN & Greenland Deal Shocks NATO | PBD #859

Patrick Bet-David and the Home Team discuss the latest Russia-Ukraine escalation after Ukraine’s massive attack on Moscow. They also break down Trump barring CNN, MS NOW, and Politico reporters from the White House, the Greenland deal, America’s economic anxiety, the AI arms race, and much more.------ 👕 SHOP THE ICON COLLECTION: https://bit.ly/3TuUU3x .👞 Get the NEW Billionaire Suede Loafer: https://bit.ly/4ym5oRA.👞 GET THE FLB1's: https://bit.ly/4mC4uf6.Ⓜ️ CONNECT ON MINNECT: ⁠⁠https://bit.ly/4kSVkso .Ⓜ️ PBD PODCAST CIRCLES: https://bit.ly/4mAWQAP.👔 BET-DAVID CONSULTING: https://bit.ly/4lzQph2 .🥃 BOARDROOM CIGAR LOUNGE: https://bit.ly/4pzLEXj.🇰 KALSHI: ⁠http://kalshi.com/pbd⁠ . SUBSCRIBE TO: @VALUETAINMENT @ValuetainmentComedy 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. 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.

• 0:14Patrick Bet-David?

  Handshake is better than anything I ever signed, right here.

• 0:18Tom Ellsworth?

  You are a one of one?

• 0:19Patrick Bet-David?

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

• 0:26Patrick Bet-David?

  You guys just missed a very special moment because we, Tom didn't have his head foot on, and we made Tom feel like the podcast started and we were literally doing a podcast and then the music went on and then Tom looked at us pissed off. Tom, the podcast is officially live.

• 0:39Speaker 02

  Now we're...

• 0:40Patrick Bet-David?

  I wasn't pissed off. You were furious. Your face turned red. By the way, that tie by Stefano Ritchie, great tie, beautiful tie that Tom's got on. It's also the same tie that the president wears, by the way, just so you know.

• 0:52Speaker 02

  I think it's so loud and proud.

• 0:53Patrick Bet-David?

  That is correct. Okay, alright, so, and by the way, makes sense, President Valiant Holden, President of the United States. I mean, you know, you got two different things. So, folks, I hope you had a good weekend. There's a lot of crazy stuff that's going on here. Elon posts a video that says, here's what the future of the world could look like and where many of us would be living in. And it literally looks like a movie, but the reality of it is, if you know this guy, he's got the money, he's got the backing, he's got the work ethic, he's got the vision. He read a book many, many years ago that got him to believe he's gonna be doing this. So, we'll talk about that video. Greenland, at first, everybody's like, Greenland, what are you talking about? We're gonna take over Greenland. This guy's crazy. Why does he keep talking about stuff like this? Guess what's getting done? A deal's

• 1:35Patrick Bet-David?

  getting done with Greenland, where US is gonna have a presence there to have a clear shot. If Russia all of a sudden decides to go crazy, we got a clear shot. So, went from this guy's out of his mind to, well, maybe we're doing this deal, and it's actually happened. And so, and then aside from that, a couple other stories that happened. The holdout juror that we found that based on a couple of the jurors that doxed them, saying he's a black man. And, you know, oh my God, and you know, all these other shows that came out talking about it. He posts a picture with him and his kid, and we'll get into that. And Patrick Lancy was on 60 Minutes, and on 60 Minutes, they were asking him questions about if his

• 2:15Patrick Bet-David?

  wife Lindsay ever asked for an apology or not. You have to hear his answer. And he explains Holden, his eight-month-old, which you were talking about, and we'll address, we'll address that as well. Trump banning CNN Politico MSNBC now. I'm not sure that's a good idea, but Obama came up and said, imagine if I were to say that Fox News can't do this. And there's a clip of him literally doing that, which kinda wasn't a good weekend for Obama. I'm sure he still had a decent weekend, but a lot of the older stories came out. Lane Kiffin leaves Ole Miss, goes to LSU. They play against each other. I don't know if you're following this or not. Crazy ending, but the story's even crazier. We'll talk about that a little bit, maybe five minutes at the end of the podcast, but it is an interesting

• 2:58Patrick Bet-David?

  story. Yankees, out of nowhere, over the weekend, raised 2.6 billion dollars from Apollo, who comes in at a 16% position of the company, putting the Yankees at a 16.25 billion-dollar valuation. At that number, I think the Yankees would be the most valuable sports team in the world, maybe tied with the Cowboys. That's how close it would be.

• 3:23Speaker 02

  Will we be able to buy players, like the Dodgers are?

• 3:27Patrick Bet-David?

  They're getting money now. So, if they're getting money, what they choose to do with that money is gonna be on strategy, a couple moves that they'll make. But that was a big because everybody in baseball officially made, if you own a sports team, you made money this weekend, okay? If you own any shares in sports teams, you had a pretty good weekend this weekend, okay? That's not sarcastic. That's true. No, that's true. Every owner should be sending the biggest, baddest bottle of wine to House Time Runner and saying, thank you. Yeah, no question about it. And aside from that, with a couple other stories that we got going on with Russia and Ukraine, Putin preparing to escalate war, and, you know, the president saying they wanna build a military base in Poland. It's like, wait, you're building a, I thought you guys are not gonna keep going east. No, we are gonna build a military base. Why are you building a military base? And on the weekend, Zelensky,

• 4:11Patrick Bet-David?

  thanks Trump, yet at the same time, Ukraine launches thousands of drones at Russia, including hundreds fired at Moscow, in largest attack ever. This happened this weekend, and this is according to CBS, and it's all over the place. So, a lot of, they're saying that there's a lot of movement in Europe right now. A lot of countries that haven't been moving, they're moving and they're kinda getting ready for something to potentially happen. And some are saying this could be real thing. And then you got a story that came up that says, I'm willing to take a pay cut, just please don't fire me. This is a story by Market Watch. Most workers would take a pay cut for job security right now. I can't deal

• 4:52Patrick Bet-David?

  with the stress anymore. And then Goldman Sachs comes out and says, consumer sentiment in the dumps despite a solid economy. Goldman Sachs blames lower happiness is the reason for it. Oh, yeah. Lower happiness is the reason for it. And the fellow that's saying this, what's the guy's name? Let me see, something Briggs. This isn't, Joseph Briggs, I think is his name. I may be saying it wrong. Economist Joseph Briggs. Economist Joseph Briggs. Joseph, we're gonna talk about you today. I hope you're gonna be okay with that. And then a couple other stories outside of that, if we get into it. Caregiving, a Yahoo Finance story comes out this weekend that it's not fair what's happening to a lot of millennials today, because millennials have to care give two

• 5:34Patrick Bet-David?

  different people today, their parents and their kids. And it's unfair on them financially that they have to be doing that. That's the story came out, which we'll get into. And then OpenAI, Anthropic, you know, are overselling AI fear in a way which is very interesting. It's a strategic but a little dark. Let me explain to you why it's dark and a little strategic. Some of these guys that have already have massive market share and massive lead, they're trying to now get the US to create new regulations that prevent smaller guys to come and compete with them. It's almost like when vaccines were being given and then all these major vaccine companies got a, you know, immunity to what, they can't be sued

• 6:16Patrick Bet-David?

  to like 2072. I don't know what the number was. It was like a 50-year thing. I think it was 2072, cuz it was from 2022. And so, imagine some, some people are speculating, saying, this is what these AI companies are doing. And then last but not least, one story that Tom and I wanna get into is, what should entrepreneurs be doing right now with rates staying elevated, with AI investment continuing, with global competition intensifying? What should founders do? Hire now or wait? Buy companies? Hold more cash? Invest in AI? Prepare for recession or expansion? We will talk about that as well at the beginning of the podcast. But with that being said, if you're wondering why I'm wearing this, let me tell you why I'm wearing this. Insiders at the Vault Conference and David Consulting know

• 6:58Patrick Bet-David?

  exactly what this is. This is a Letterman's jacket that we came up with, that these jackets, custom ones, they sell for $300 to $500. Many of you guys have that in your, you know, closet of sports teams you played or some things you did at college you went to. But this is a numbered one that we have here, and there's only 250 of these, of which only 70 have been left, because most of them were sold to our Vault insiders who attended the conference and some of our clients that we contacted to give them the ups. Some of you guys are saying, well, I'd like to be part of that list. We will share with you on November 1st how to do that. But this jacket here that I'm showing you, then on the back, it says, future looks bright, absolutely sick, American flag on it, number, each of you guys that ordered this will be out of 250. You'll have your number on it, 250-year anniversary

• 7:41Patrick Bet-David?

  one. And then when you open it up, it's got a bunch of Vitamian logos on the inside. And then Adam's got the other jacket that's not numbered, which has got the Vitamian flag, US American flag, red, white, and blue. And on the back, can you turn around real quick to see what the back shows? Yes, sir. The back shows, I believe, also, future looks bright. Sick jacket, sick jacket. Winter is coming. This is a jacket to be ordering for yourself. The one I'm wearing is limited. There's a limited supply cuz they're numbered. I think there's 72 or 71 left. The one that he's wearing, I think there's 155 or 160 left of those, cuz they just, we couldn't keep them. It was going off the shelves immediately. So, go to FLB.com,

• 8:24Patrick Bet-David?

  place the order, especially if it's the limited ones, cuz if you don't do it now, it'll be on eBay. You know how this works. Everybody contacts us. That's not fair. The benefit of watching it early, you get these limited things early. And the ones that wait, they're gonna have to pay for 10 times the value on eBay, cuz that's how it works. We can't control that part of it. Having said that, let's get right into it. So, Tom, I wanna talk business with you. So, a lot of people are asking questions who are small business owners, founders, who maybe have some money in the bank, or they're running a good-sized business doing 100 million a year, 80 million a year, 6.8 million a year. And a question that's coming up with the rates being elevated, with AI investment going where it's at, with gas prices, oil prices, diesel, you're seeing what's going on in the economy, then businesses can range, right? Should people be hiring today or wait? Should people be holding on

• 9:07Patrick Bet-David?

  to their cash today or wait? Is there a possibility of a recession? Or should I be expanding today? What would you say to founders, small business owners that are sitting there saying, I'm a little worried, what should I be making? What decision should I be making today?

• 9:21Tom Ellsworth?

  So it's interesting you're talking about this because you and I are both getting these exact questions on my neck. You reach out and we'll let you know. But what's very, very interesting to me, I look at, first of all, I look at capital, then I look at people, and then I look at company. So on the capital side, I would be really careful about new debt right now. But what I would be making sure is I've got a relationship with the local community bank, not with the Wells, Chase, Citi, and B of A. Those are the big banks. Businesses, you'd be surprised how the community banks are willing to work with you. In Dallas, there is a bank called Happy State Bank, of all things. The community banks usually have better programs for the small business person. But I'd be careful about new debt unless it was just, hey, man, you're a roofer and

• 10:05Tom Ellsworth?

  you got to roll over the lease on those trucks that they've come up and you have no choice. But I would be cautious about new debt, number one. People, I would be sitting down, have a frank conversation with my top people, but I would be protecting my best people. I would say, look, we may need, we may be going through a recession. I need your best. We may need to put a little bit more in and drive, but I would be protecting my best people by being very transparent and open with them and driving them. I'd be careful about hires unless it's a critical skill. If it's a critical skill, you got to go hire it. Like you have, you have a roofing company, you don't have an estimator. You lose your estimator, you got to go hire an estimator.

• 10:45Tom Ellsworth?

  But on other things, I'd be careful and I'd be really giving other people opportunity in the company, say, look, if you can stretch a little bit and do this, you know, I can take care of you. And if we save on one hire and we all can come together, I may have a little bit more for a raise for you. And then in terms of the company, I would keep my powder dry. And I'm going to speak to smaller businesses, Pat, because we consult with a lot of those, and be ready to maybe pick up the smaller guy across town that doesn't make it through if there's a recession or something. So I would be keeping my powder dry and being ready to be opportunistic. As Warren Buffett once said, when it's raining outside, I've kept my capital ready and I run outside with a wash tub.

• 11:30Tom Ellsworth?

  And that's his message was during tough times, sometimes there's opportunity.

• 11:34Patrick Bet-David?

  Yeah, you know what I would say to you? Think about a few things, very valid questions, we get them regularly. Every time money comes to me, I always want to have dry powder, I want to have cash because I know many opportunities come up. A few years ago, when I wanted to buy blue chip share into a company, okay, Yankees came up and said, hey, you know, this is the valuation. It's like, oh, that's high, that's high, you shouldn't do that, you shouldn't do this. Well, I invested into the Yankees, June of 2023, we were at Bermuda, wherever we were at.

• 12:03Tom Ellsworth?

  Yep.

• 12:04Patrick Bet-David?

  At that time, it was a $5 to $7 billion valuation. It's at a 16 and a quarter valuation because the Yankees just did a $2.6 billion round. And so money went. If that money would sit for too long, it wouldn't duplicate. It wouldn't be where it is right now money wise. Anthropic, if you were to put $10 million, so if you put $100,000 on Anthropic just five years ago, you know what it would be today? If you put $100,000 on Anthropic just five years ago, today it's $150 million. Vinny, let me say that one more time. If you were to put $10,000, let's make it even smaller, it's 15 million bucks. If you were to put $1,000 on Anthropic, it's one and a half million dollars. The average person has $1,000. One and a half million dollars? What kind of money is that?

• 12:47Patrick Bet-David?

  So you got to keep your eyes open right now with investments. I'll say the other part with, you know, what everybody could do at a time like this is I'm always interested in this. I want to get the pulse from the market. I want to get the pulse from my executive team. I want to get the pulse from my investors. I want to get the pulse from everybody. So last week, we had a, one of our clients, they do 100 million plus, out of Canada, Toronto, it's a pharmacy company, and they had 40 of their franchises all flying on Friday, and they came and met with us. And we went through a two hour engagement that we did, they brought all their franchises together, thank you so much. Each of the franchises, they do between $2 to $7 million a year in their own revenue

• 13:31Patrick Bet-David?

  as a franchisee owner. And they sat there and they're like, hey, here's what we're going through, what should we be looking at, what should we be concerned with? And I started off and I said, hey, do you know what the recent 10 acquisitions have been in your industry? No, we don't. So I went and started pulling up some of the numbers. I said, did you know XYZ company shopper something, shoppers, pharmacy company in Canada? I said, you know, that company sold for $12.4 billion? They said, what? I said, yeah, you know how many locations? I gave the locations, you got to be kidding me, no. I went through all the acquisitions. Then I said, let's go through everyone's concerns here to see what they're worried about, what they're thinking about. Everybody get their set of concerns, their own set of motives, assumptions, fears, and asks.

• 14:16Patrick Bet-David?

  And then we unified the whole group together on the same message. We identified what the messaging should be moving forward, and then from there to go expand and have a vision of 200 locations within the next five years, and then eventually exit for multi-billion dollars. They're very excited about that. But I think if there's anything you ought to do while you're going through this phase, hiring, firing, raising, doing any of that, get your leadership team together, have an offsite session for a few hours, talk to them to see what everybody is thinking about. Sometimes they will give you a lot more information than you're thinking. Ray Kroc said once at McDonald's that 90% of the ideas came bottom up. The customers gave it to them, the employees gave it to them. But if you're not communicating with your employees and your clients, you don't know what those ideas are. We just got back from the vault.

• 15:01Patrick Bet-David?

  We do a massive survey and we read every single survey on how to improve the events and what we do with our clients at the vault conference. You can do surveys with your employees, you can do surveys with your customers, you can do surveys to see what people are thinking, what people are worried about, and then choose, pick and choose which ones to go address. But I think right now talent is available. You know why talent is available? Story comes out, and I'll start off with this, why I say talent is available. Most workers would give a, would take a pay cut for job security right now. This is a market watch story. I can't deal with this stress anymore. A lot of people are concerned if their job's going to be around or not. Is someone going to fire me? Am I going to be let go?

• 15:44Patrick Bet-David?

  And a lot of people may be getting fired, and these are good quality people, they can hire out a different company. So this is also a very good time to be looking for solid talent. I'll read this to you, Tom, I'll come to you with this. For decades, standard career advice was to follow the money, which is by far one of the worst advice somebody can give you, in my opinion, and I'll give my argument on it, why. Now with layoffs rippling through white collar industries, a growing share of workers say they would gladly take a trade pay for peace of mind. According to Monster's 2026 Job Security Report, half of workers would take a pay cut for job security and 61% would give up some part of their compensation.

• 16:25Patrick Bet-David?

  Of those willing to take less, 26% would accept a cut up to five, 28% would take 5% or more, and 11% would surrender more than 10%. Workers are exhausted, said Monster career expert, Vicky Salemi. They're telling us, I can't deal with the stress anymore, she cited. One worker would who turned down a $240,000 a year in-person job for $120,000 remote role, prioritizing flexibility and stability. The anxiety is grounded in a cooled labor market. Job leads expert, Jan Von Holland, said searches that took five to six weeks a few years ago now routinely take three to six months with candidates submitting 100 applications without landing an offer. Tom, what do you say to that?

• 17:10Tom Ellsworth?

  So what I say is articles like this usually grab a couple big, big tomatoes and throw them at you, like, this person turned down $240,000 so they could work from home at 120? Well, you don't know this person. You don't know if this person was going to have to move to Chicago and maybe they've got a relative they're caring for, you just don't know. However, the underlying, beyond the sensational example that they like to throw at you, is reality. And right now, reality is we're seeing little layoffs now and then, we're seeing consolidations in tech companies, and we're seeing areas where people are saying, hey, you know what? It's not 2021, 22 where I can go hold my employer hostage. Maybe I should appreciate my employer, maybe, you know what, I should stay here.

• 17:54Tom Ellsworth?

  And on the other side of it is they can read and they know what's going on in their industry. And, you know, Vinny, like you knew in the, in the Air Force, Space Force, you knew when something was coming down with early retirement and stuff like that, and everybody would talk about it, and either created excitement or stress, oh no, we're going to have no leave for six months, that means we're going to go do some military action somewhere. And the organization would feel it, wouldn't they?

• 18:17Speaker 02

  Of course.

• 18:17Tom Ellsworth?

  Yeah, see, well, it's the same thing here. So people are feeling it and people are like, you know what? I like my job, I want to be seen as a hard worker, and, you know, I'm willing to give up a little bit. I don't like the situation, I don't like workers under stress, I don't like to see that. But Pat, what we're seeing right now is very natural, and the smart ones are saying, maybe I need to surf it out right now in my industry, I don't want to be laid off, and you know what? Maybe here is a pretty good place to be.

• 18:44Patrick Bet-David?

  Adam?

• 18:46Adam Sosnick?

  Uh, this is the number one question in America right now, is like, where should I work? How am I going to make my money? I break it down into three categories because I think the average person, I think, has 12 different jobs in their work life, right? Like you go from a job to job to job to job. What you don't want to be doing is going from job to job to job to job every three to five years. The number one thing for me is what industry are you going to be in? Number two is what's your specialty? And then number three, how much do you value your loyalty? So like, I've been at my company, Welcome Funds, for, since 2007, I'm going on my 19th, almost 20th year. And here's the thing for me, do you know how many times I've been offered a higher

• 19:27Adam Sosnick?

  paying job to go to a different company for a different opportunity? But you can't put a price on loyalty. So I've been with you, you know, as your co-host for six years.

• 19:40Tom Ellsworth?

  If I had any say in it, I want to be here for another 20 years. Growing with a company is probably the best thing you could do. Especially if you can increase your market value, especially if you can get equity in a company. You know, a lot of people we saw during COVID were going for a higher paying job. And then a year later, they're gone. So loyalty to me is the number one thing, whether it's a relationship, whether it's a work relationship. That's kind of what it comes down to.

• 20:05Patrick Bet-David?

  Yeah, I think, I think that's a good point. I, I do think there's two sides as well. Because for us, you know, in the insurance side, we never lost the vice president. And, and the reason for that was we had a very simple rule that we followed. Every day we wake up, and I would tell this to our home office, our job is to make the company better today than it was yesterday by 1%. And I think sometimes employers don't take that mentality. Sometimes employers take, let me just take profits off the table. And, you know, whatever, let me just take, take the money off the table. There are some employers that don't think about what is the right thing for the employee. But the employee's job is like choosing a wife. Go choose a company that you can marry instead of date.

• 20:48Patrick Bet-David?

  Yes, when you're younger, you're going to date a few different frogs and all this stuff. You're going to go through it, but eventually you should find a wife. And the industry should also be something that you're finding a wife, like a 10, 20 year commitment. I made a commitment to the insurance industry. I was going to be in it for 20 years. I sold my business 20 years and nine months after having been in the industry. Literally, that was my timeline where I sold the business after 20 years and nine months. At the Vols Conference, one guy named Walter, whom I met five years ago, he was on our consulting calls. And I always would feel something was special about this young man. And at the time he was 22, 21, 23 years old, and he would go to our events and I would always see him. And this guy speaks very well. He got up and he said, one of his mentors told him something one time. And he said, here, here's how it works. If somebody doesn't do a good job at the company, it's four things that I have to do as an employer.

• 21:33Patrick Bet-David?

  One, I have to find you a boss that you can no longer report to me. You need to find somebody to report to. Number two, I have to find you a peer or hire somebody that can help you because you can't do all the job by yourself. I have to find somebody direct report to you to be able to take some of the weight off your, uh, ba, uh, table. Or last but not least, guess what it is? I have to fire you. And those are the decisions companies have. If you're not carrying the weight, whatever your job may be, that employer is thinking, I gotta hire you a boss, hire you a peer, hire you direct report or fire you. And move on. And typically that only happens when that individual is not improving and recreating themselves. And if you're sitting there like, you don't understand, you don't understand, you're talking from your chair. You have all this money, you can keep talking like that all you want.

• 22:18Patrick Bet-David?

  Nothing's going to change, nothing. You can tell me, coach doesn't love me. I know he doesn't love me. You can bitch all you want about your coach, kids, I have kids who say that. Your coaches, you know, you, you gotta go and train on the weekends, a Sunday. I'm like, hey, we gotta, we gotta work on something. What's that? We went and ran two miles with Dylan to get his running and all this stuff because we gotta work on different areas. You can say whatever you want today. My company doesn't love me, the industry this, the president this, the politician this, the pres, all this stuff you can say. What companies are always looking for is people that want to find a way to improve that company. It's very hard to find people like that. I got a guy the other day who was calling a reference from one of our employees. And he says, hey, what can you tell me about this one employee reference? I said, let me tell you what I can tell you about this one employee.

• 23:03Patrick Bet-David?

  My guy who runs the property here, Barney, you guys know Barney is the only guy that's gotten outstanding three times in our calibration. He says to me, and Tom says to me, he says, every time I go to the studio, some of the guys that work in the studio, sometimes if we, let's just say they just do audio, let's just do this, they do that. Says, if this guy, there is nothing going on, we never see him on their, on his phone. Sometimes the other guys will stay on their phones. This guy will never stay on his phones. He's always working on fixing something at the office here, at the studio here. And he says, it's, it's funny, I always, by the way, I'm not here to see that.

• 23:40Speaker 04

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• 24:11Speaker 05

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• 25:21Speaker 08

  Para los grandes, para los chicos, para los bajos y los altos, los pacifistas, los valientes. Para los optimistas y los pesimistas, los que valoran lo de adentro. Para los que están lejos, los que no vende lejos y los que no vende cerca. Para los introvertidos y los extrovertidos. Para los que piensan y los que hacen. Para los que nos mostraron el camino. Coca-Cola, para todos. Compra una Coca-Cola en una tienda cerca de usted.

• 25:52Patrick Bet-David?

  I don't have eyes here. I'm not running cameras to see what everybody else is doing. But others who treat the company like their own, the company, they see it and they talk. And then when we get into the meetings and they'll say, hey, let me tell you, man, that one guy. So I told this story to the other guy that wanted to ask for reference. He said, I said, that's the guy you, he says, that's the guy. I said, you're getting that guy. He said, well, that's good to know. I said, we gave a great reference. So people are going to talk when you're doing the right things behind closed doors. Eventually enough people will realize you're not the one that's lax and casual. And it's very, very hard to find people like that. Let me get to the next story. Now Goldman Sachs, we're still going to get to the other stories. Goldman Sachs, Tom, talks about it's because it's happiness. Consumer sentiment is in the dumps despite a solid economy.

• 26:35Patrick Bet-David?

  Goldman Sachs blames lower happiness. Tom, do you agree with this lower happiness? Because a study that came out, you know, University of Michigan, consumer sentiment index, it's a record low this year. Falling 13% year over year in September will drop, uh, uh, of almost 8% from August alone. Economists have puzzled over why sentiment has stayed depressed into since the pandemic, even with the economy, uh, uh, having gone up. So this person says Goldman's economist, Joseph Briggs, told clients this week that downward pressure may stem from a broader pessimism in society. Low reported economic sentiment likely reflects a more fundamental downbeat assessment of the state of the world rather than the economy.

• 27:19Patrick Bet-David?

  Briggs wrote, to be sure, he said, inflationary pressures are likely hurting confidence too. But lower happiness at large can partially explain the disconnect between sentiment and other measures. Tom, you agree with them?

• 27:32Tom Ellsworth?

  So what are economists supposed to do? They write opinions in papers. And Harry Truman, Vinnie will like this, you know what he said once? It's kind of a math problem, but not. He said, I don't, I don't, I don't understand. If I laid all of my economists end to end, they still wouldn't reach a conclusion. And so I agree with Harry Truman on that.

• 27:52Patrick Bet-David?

  I don't know if Vinnie got that, but.

• 27:54Tom Ellsworth?

  Can I be completely honest with you? But I, but I get where he was going. So Briggs is looking at a happiness survey and he is looking at an accurate survey. This guy works for Goldman Sachs. He's a highly paid economist. And they said that happiness in America never really recovered from the pandemic. Okay, fine. But what he's doing, he's making a correlation to maybe say consumer sentiment is down and consumers aren't buying because of happiness. No, it's because we have a legitimate economic crisis right now in terms of affordability. Gas is expensive. That's not helping the consumer. That takes out of their budget. Expensive gas, expensive energy, expensive electricity. That's hurting the consumer. And then insurance is up.

• 28:38Tom Ellsworth?

  And then we also have diesel, which is having, um, six dollar diesels putting pressure on goods and services. So this is an economist, Pat. I disagree with the way he put his argument together and I disagree with the conclusion he reached. And that's why CNBC turned it into a headline story. It's not just the happiness. We may not have recovered from the pandemic and we may still be a little pissed off inside about that. Yeah, sure. But it's not our happiness that's affecting consumer sentiment.

• 29:07Patrick Bet-David?

  I got a question for you.

• 29:07Tom Ellsworth?

  I can't go to the grocery store.

• 29:08Patrick Bet-David?

  I got a question for you. So let's say the president.

• 29:13Patrick Bet-David?

  Was had the support that Obama and Biden had from mainstream media where 95% of the reporting is positive. Okay. So let's just kind of say that because you know how it is 95% of media is not going to be on Trump's side. Let's say 90%. The only one that's on Trump's side is who? Say Fox News mainstream. Okay. And nowadays, including social media, he doesn't have a lot of support, right? From a lot of people, from the woke right, the left, the woke left, whatever you want to call it, he doesn't have a lot of it. Do you think if an Obama was president today? Or if a Biden was president today?

• 29:53Patrick Bet-David?

  And if the president Trump got the level of criticism that Biden got Obama got, which is not a lot, mainstream wouldn't criticize him.

• 30:01Tom Ellsworth?

  Ever.

• 30:02Patrick Bet-David?

  Do you think half the battle of the happiness is because of the amount of noise mainstream media makes at whatever this man does wrong? Which by the way, some of the stuff he earns the right to get criticism for. Do you think some of that is the reason why people are not happy? One of my friends who runs a trucking company says, I don't know why. Every time a Democrat is in the office, there's just less noise. And I said, I said, so your decision making is based on a Democrat being in office is less noise? He says, yes. Every time a Republican is a president, there's riots, there's protesting, there's issues, there's that. I said, I said, that's exactly what they want you to think and believe. You know what I'm saying? So how much of this happiness index is purely based on how much fear porn is being sold every day by mainstream media?

• 30:45Tom Ellsworth?

  I agree with that point 100%. It because you know, they kept saying this about Obama and healthcare. Let him fix it. Give him time to fix it. They don't say that about this president. They constantly hammer it. And I believe that that does hammer on American psyche. Now, some of the things we're talking about 650 diesel today, that's real. But what the media is not saying is give him time to fix it. Hey, refineries were closed. That wasn't all the president's fault. That's what the media would be saying if it was Obama president. You're making a very good point on this. That that some of this noise would be turned down because they'd be giving their guy a pass or giving him time. Let him fix it. President's working on it. He's got things going on.

• 31:29Tom Ellsworth?

  Give it, they never say that about Trump.

• 31:31Speaker 02

  But I don't think we have a happiness problem. I think we have everything costs too damn much to be happy problem. And I understand where you're coming from where, you know, the media coverage, obviously people are getting depressing news all the time. But Pat, I just flew to California. My mom had surgery. She's probably listening to this right now. A plane ticket that would normally cost me 450 to 500, it was $900 with no additions to fly to California. Then I get to California, regular gas, Tom, regular old gas, six something, diesel, 875. And I get it, these are the, these are Cali and the Chicago's and all these places, but like people are just, think about it, Tom, to go to a concert, to, to, to go to a game, to go out to do something, it's getting expensive as hell.

• 32:16Speaker 02

  The whole Netflix home and chill, that thing is a real serious thing. Those are the companies, Pat, you want to talk about investing? Netflix, video games, everything, it's, it feels like not COVID level depression, but people, it's, everything is freaking expensive. And if you're the average Joe in middle America, it's hurting. It's hurting right now. And I don't think it's because they're sad because of anything else. It's because it's too expensive to go do fun stuff.

• 32:40Tom Ellsworth?

  Well, they could be hurting, but the media is also not putting red, white and blue hope posters out there.

• 32:46Speaker 02

  I agree, I agree.

• 32:47Tom Ellsworth?

  You gotta maintain hope and vision in the midst of dark times. You need hope and vision.

• 32:51Patrick Bet-David?

  When this happened under Biden, it's like, guys, be patient. It's going to be fixed.

• 32:54Speaker 02

  Oh, yeah. Oh, absolutely.

• 32:56Patrick Bet-David?

  He's figuring it out. Have some hope.

• 32:58Tom Ellsworth?

  He's draining the Strategic Petroleum Reserve to bring down the gas artificially.

• 33:02Adam Sosnick?

  Look, I empathize with people who are struggling or are paycheck to paycheck right now. At the same time, I'm just, I'm sick of the complaining. Everybody's the complainer in chief these days. Tell me when life was super expensive in America. Tell me when you could afford everything you've always ever wanted and you had all the money for every single problem that you had. I don't remember that once. I've been working since the Clinton administration. Never have I woken up and said, I can buy everything I want. I'm rich and the economy is amazing and everything's cheap. I don't remember that once. So to me, everyone's sort of complaining these days. Yes, happiness is, is, is important. Work-life balance is important. I remember when I first started my, my money show, I, I, I started covering, it was called

• 33:47Adam Sosnick?

  the International Day of Happiness. And they basically said that, you know, that there was a, the Kingdom of Bhutan was, they, they didn't track their economy by GDP. They tracked it by G D H, gross domestic happiness. They said, we just want our people to be happy. We want life to be happy. And I'm like, okay, that's, that's one methodology here. But if you look at where America stands on the global happiness index, do we have that chart? We're doing pretty damn good. But with the advent of social media and everything that's going on, everyone, especially Gen Z is depressed. They got anxiety. They got victim mentality. Everything's a crisis. It's like, have you ever been to the rest of the world?

• 34:29Patrick Bet-David?

  You know what's the only difference?

• 34:30Adam Sosnick?

  To me, life is so good in America, we're looking for excuses to complain about.

• 34:34Patrick Bet-David?

  You know, you know, it's funny, Adam, you say that. And I, and I try to think, this is why I like to talk to folks that are younger to see exactly what's going on. But I'm going to tell you something here. One thing that's different about when we were their age, you know, I'm, I'm 47 now, about to be 48 in a month. You're 48, you're 46, Tom, you're in your late 50s. And when you, when you think about, you know, when we go to dinner, what do we do when we go to dinner? Phones are set aside.

• 35:02Speaker 02

  Phones away.

• 35:03Patrick Bet-David?

  Okay. I talked to Anthony, Anthony Gross, VT Gen Z, doing a great job. I said, so what do you watch politically? He says, I watch nothing. I said, what do you consume? Nothing. Okay. And the guy's fairly happy.

• 35:17Speaker 02

  He's always smiling.

• 35:18Patrick Bet-David?

  He is, he is fairly happy. We, we did not have access to news as much as these people do. I used to say like back in the days, 40 years ago, when you and your wife got into a fight, you had a 30 minute drive back home so you would cool off. Today, when you and your wife gets into a fight, you can tell her exactly how you feel within seconds in a text.

• 35:38Tom Ellsworth?

  Yep.

• 35:39Patrick Bet-David?

  Forty, 30 years ago, when you and I got pissed off, nobody gave a shit, bro. Go back and do your job.

• 35:43Tom Ellsworth?

  Yeah.

• 35:44Patrick Bet-David?

  Today, you know, if you really want to be noticed, guess what? I'm telling you right now, pick a celebrity, go make a video, trash them, it'll go viral. Go, go create a rumor, it'll go viral. And, and there is, there is business models today for bitching and whining and trashing people. You know what that business model was 20 years ago? Okay, so go 20 years ago, you're pissed off at a celebrity, you're pissed off at somebody. What did you do 20 years ago?

• 36:09Tom Ellsworth?

  Yeah, when you would write a letter.

• 36:11Patrick Bet-David?

  I actually want you to think about it.

• 36:12Tom Ellsworth?

  You throw a shoe at the TV.

• 36:14Patrick Bet-David?

  If 25 years ago, pre-Facebook YouTube era, you're pissed off at a celebrity, what are you doing? You're writing a blog?

• 36:21Tom Ellsworth?

  Exactly.

• 36:22Patrick Bet-David?

  Go 35 years ago, what did you do?

• 36:23Tom Ellsworth?

  You do what Perez Hilton did and started some weird blog and all that.

• 36:27Patrick Bet-David?

  But go pre-block. What I'm trying to say is go.

• 36:29Tom Ellsworth?

  There was very few options.

• 36:30Patrick Bet-David?

  What did you do?

• 36:31Tom Ellsworth?

  Making a very good point.

• 36:32Patrick Bet-David?

  What I'm trying to say is guys, a part of it that maybe even we're victims of it is there's so much noise today that you're like, maybe all this shit is just like litter too much and it's always been around. We've always had wars. We've always had pricing issues. We've always had affordability issues. We've always had marriage issues. We've always had friendship. We've always had betrayal issues. The only thing today is it is exaggerated in levels we've never had. And what do we do? You have to ask yourself, how susceptible are you to all that noise? Do you fall victim for it? Are you able to kind of tone it down and say, nah, this is noise. I'm not even touching this one here.

• 37:15Patrick Bet-David?

  We have so much insane noise that people are famous today because they become professional complainers.

• 37:22Tom Ellsworth?

  Yeah.

• 37:23Patrick Bet-David?

  There was not a professional complainer job 35 years ago. I'm telling you, if you were a professional complainer 35 years ago, you know what you were? You were unemployed. If you're a professional complainer today, guess what you are? You're a YouTuber.

• 37:34Tom Ellsworth?

  Yeah.

• 37:35Patrick Bet-David?

  You're a content creator. I'm actually not being sarcastic.

• 37:37Tom Ellsworth?

  No, you are.

• 37:38Patrick Bet-David?

  There is a very, no, I'm not being sarcastic.

• 37:40Tom Ellsworth?

  No, I said, you're on.

• 37:41Patrick Bet-David?

  No, no, I said, you're on point. Oh, Jesus. I, I get that, but to me, Vinny, you look like you want to say something.

• 37:46Speaker 02

  No, no, I, I, I'm agreeing with you. No, please, please finish the point.

• 37:49Patrick Bet-David?

  No, no, my, my main thing is today, I'm telling you, if somebody wants to be a, well, you want, you want to create a YouTube channel doing well? Go to ChatGPT. I am so serious with you. If you want to ChatGPT right now and saying, give me three things that most people hate the most about the top five, 50 biggest celebrities in America. What do they hate the most? Go make videos talking about those three things people hate the most about the top 50. You with, by the time you get to the 50th person you talk about, I'm willing to bet you're going to have 10,000 subscribers. And maybe you get lucky and one of the shorts goes off and you get 100,000 subscribers. We have, there's so much yearning for complaining today.

• 38:31Patrick Bet-David?

  There's so, and it's such a, for whatever reasons the algorithm rhythms feed, because mainstream media has always been about the three Cs. What is it? Change, conflict and controversy. Right? And you know what I would add? I would add a four C today. Complainers. Today, there's a business model for complaining, but it doesn't necessarily mean it's doing good. Like anytime I see a guy that's got a content creation and they're complaining about what Mr. Beast is doing, or they're complaining about what Logan Paul is doing, complaining about what? You know, pick Rogan is doing, or complaining about what I'm doing, or complaining about what anybody is doing. You know what I think about? Whose life have you changed? But guess what? If the algorithms pay, that guy's gonna continue doing what he's doing because

• 39:16Patrick Bet-David?

  the algorithm says, keep complaining.

• 39:18Speaker 02

  Of course.

• 39:18Patrick Bet-David?

  Keep complaining. Complain even more. Exaggerate even more. Make it up even more. It does better. Go. The algorithms unfortunately today are producing complainers. So now, you have to be able to differentiate and say, did what Vinnie say is a lie? No. Prices are high. Gas prices, it shouldn't be six and a half in fricking California and eight fifty for diesel. People are paying a price for it. Are people getting laid off today? Not as high as you think, but some people are getting, losing their jobs and they're worried about AI. Do we have issues that's going on with war that could turn into something big? Yes, but we generally have always been in this. It's just, it's more exaggerated today because it's what? The president they don't like, or person they don't like. You think they're gonna highlight the fact

• 40:01Patrick Bet-David?

  that Greenland deal is massive? You think they're gonna highlight the fact, when's the last time CNN, or ABC, or CBS went and covered how safe the borders are today compared to what it was? They're not going to because that doesn't feed the change, the conflict, the controversy, the complaining. It's not gonna feed that audience and people fall trapped for it, unfortunately, Vinnie.

• 40:20Speaker 02

  And I, and I, and I agree one thousand percent, fantastic point, that it, it's always been, it, it's getting expensive. We've always had the wars and everything. I think the, and we've always had it. I think the problem is, people are sick and tired, Pat, because we can fix it. We can actually fix these prices and the, the no wars. Like for instance, fraud, waste and abuse. They shut down those when we've seen from Nick Shirley and all these people, billions and billions and billions, not just one or two, hundreds of billions of dollars, all these people, Minnesota, California, all the fraud. They fricking started an act, they, they put, they enacted an act to make people stop looking at their fraud. Okay? The millions, all the illegals that we let in here, under Biden, under all these people,

• 41:01Speaker 02

  we're giving them money. I think last year, uh, they, they gave a hundred and fifty thousand dollars to illegals for them to buy a home. They come into this country and they're taking all the money, we're not deporting them. Okay? And then we starting all these wars and stuff. I think the, there's things that we could do, our government can do, Pat, to stop all this nonsense. So we're, yeah, it's still gonna be pricey. We're never gonna come down because inflation's gonna be, it is. But I think people are pissed off because it's like, guys, another problem.

• 41:28Patrick Bet-David?

  Let me ask you a question. Here's a question for you. Here's a question for you.

• 41:33Patrick Bet-David?

  How many presidents have been able to get in and make dramatic positive changes? Dramatic.

• 41:40Speaker 04

  Now, more than ever, we need someone on our side. But Rob Whitman? Whitman's votes drove up costs, cut Medicaid, and risked three hundred and fifty thousand Virginians healthcare to pay for tax breaks for himself and his donors. He's not on our side. Shannon Taylor will fight corruption, cut taxes and bring down costs. This November, vote for Shannon Taylor. She's for us. Paid for by HMP, the House Majority PAC dot com. Not authorized by any candidate or candidate's committee.

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• 43:52Patrick Bet-David?

  I, oh, I think Trump with the border was a huge problem. Immediate. That was, we were there.

• 43:56Adam Sosnick?

  What do you mean by dramatic?

• 43:58Patrick Bet-David?

  Exactly what I'm saying. I shut down the border. How many people came in as a president? And signed on the. And were able to make dramatic positive changes immediately. I think president.

• 44:06Adam Sosnick?

  Dramatic in a good, a good way, in a positive way.

• 44:08Patrick Bet-David?

  President Donald J. Trump. We were there, we saw him on the stage. I also want you to say dramatic negative changes, but let's go with the positive first. Okay, positive. So, so he was able to clean the border. One thousand. By the way, is there anything more important than that with security? To me, absolutely. And people aren't even thinking about it. What else can you dramatically?

• 44:26Adam Sosnick?

  Our country would be unrecognizable of conflict.

• 44:27Patrick Bet-David?

  I agree. But what dramatically positive changes? That, that.

• 44:31Adam Sosnick?

  What else? That Trump did or other presidents?

• 44:33Patrick Bet-David?

  Any other president guys?

• 44:33Adam Sosnick?

  You could say that Clinton balanced the budget and was a fiscal conservative.

• 44:36Patrick Bet-David?

  How long did it take?

• 44:38Adam Sosnick?

  It took him a significant, I think, into his second term.

• 44:40Patrick Bet-David?

  Okay, so six years?

• 44:41Adam Sosnick?

  Six years. Oh, yeah. So, so it took him a little while.

• 44:43Patrick Bet-David?

  Okay, what else? Tom, what else are positive changes?

• 44:46Tom Ellsworth?

  Uh, well, you can say it was in the works, but people will say it wasn't. But Truman took, and I just looked it up so I wanted to know it. It was literally one month and four months to get the German surrender and to get the Japanese surrender. The German surrender was in process, but he had to make the call on the nuclear weapon, unfortunately, tragically.

• 45:04Patrick Bet-David?

  He did.

• 45:04Tom Ellsworth?

  But he ended, he ended the war within months of coming in. World War, Europe, don't give him credit, but the Pacific, you give him credit.

• 45:12Patrick Bet-David?

  Okay, good.

• 45:12Tom Ellsworth?

  Also, Reagan got, and there's a picture of him from Time Magazine on the cover, I remember this, showing all the votes that he got in the Senate to change the tax plan to release money to be invested. There is a picture of him on the cover. There it is. That's it. I remember that picture. That is the roll call of the Senate from November of nineteen eighty-one on the changing the tax code that released investment.

• 45:36Patrick Bet-David?

  Do you know why I'm asking this question?

• 45:38Tom Ellsworth?

  And sparked the economy.

• 45:39Patrick Bet-David?

  This is, this is the thing about Tom. Why I love being around Tom, because Tom's a, honestly, he's a walking professor. You're always learning, you're always getting smarter. No, no, but, but I'm just being serious. I, when Tom's doing his case studies right now, when I left Harvard eleven years ago at this OPM program, I said, none of these professors teach as good as Tom does. And I said, Tom, you gotta start doing case studies. I said, within a fiftieth one you do, you're gonna control the war case study. Within the twentieth one, he was award case study. But this, this is why I'm asking this question. Let me tell you why I'm asking this question, Tom. The reason why I'm asking this question is the following thing. I'm having a call with, uh, two days ago with Stephen A. Smith. And, uh, uh, he, he's got some stuff that he's gonna be doing in Brazil and other things. And anyways, conversation I'm having with Stephen A. Smith was about running for office.

• 46:24Patrick Bet-David?

  You know, what, running for off, you know what the conversation was made, the, the main premise, I won't go into details, but the main thing was, when you become president, can you actually make a positive impact, or do you realize how slow things move when you get in? For instance, you know, right now, one of the biggest conversations they're having about oil is the, the, the, the oil tanker issue we're having right now. You know how big the oil tankers are? They're four soccer fields long. They carry two to three million barrels of oil. They weigh the same as a skyscraper, but there's one problem. They move at ten

• 47:05Patrick Bet-David?

  to fifteen knots. You know what speed that is? The speed you go on a bicycle.

• 47:10Tom Ellsworth?

  Yeah.

• 47:10Patrick Bet-David?

  So what does it mean?

• 47:11Tom Ellsworth?

  It's slow.

• 47:12Speaker 02

  Going slow. Extremely.

• 47:13Patrick Bet-David?

  So meaning the impact of diesel or oil or all this stuff could be what? Months away.

• 47:20Tom Ellsworth?

  Yep.

• 47:20Patrick Bet-David?

  Because it moves so slow. So if this is an oil tanker,

• 47:25Patrick Bet-David?

  you know, four soccer fields long, two to three million barrels, size of a skys, price of, uh, weight of a skyscraper, if that moves that slow, how slow you think the government moves? So, but do you understand what I'm saying to you? This is why if you wanna make impact, go win locally. If there's one thing Democrats, you gotta give credit to them. They went in, won locally.

• 47:46Tom Ellsworth?

  Big time.

• 47:47Patrick Bet-David?

  They went and brought AGs locally.

• 47:49Tom Ellsworth?

  Judges.

• 47:50Patrick Bet-David?

  Judges locally.

• 47:51Tom Ellsworth?

  Yep.

• 47:51Patrick Bet-David?

  They went and said, hey, let's go there locally. Look at the noise they're making. They're going locally. This high level stuff, like one of the biggest things for me was the voter ID thing, that never got passed. Why? Because who you gotta go through?

• 48:02Tom Ellsworth?

  Same fact.

• 48:02Patrick Bet-David?

  Supreme Court, and who said no to it? Mary, Amy Coney Barrett was the one.

• 48:06Tom Ellsworth?

  Yep.

• 48:06Patrick Bet-David?

  She, that would have been the biggest legislation that the president would have made. You know how safe you would have been the next thirty years?

• 48:12Tom Ellsworth?

  Yep.

• 48:13Patrick Bet-David?

  That was the, in my opinion, the biggest thing. So, a part of it as well, is for an operator that can make decisions like this, a Trump, to go into a system like this that moves this slow? Unfortunately, some of this stuff moves very slow. You're gonna take some risks that, uh, that are not gonna be, but the reality of it is, going in and trying to make changes, it's gotta be very, very annoying to an operator like him. Not saying he's doing a perfect job. Like, the other day, I'll, I'll read this and I'll, I'll come to you first with this one. Trump's banning CNN political on MSNBC. I don't know if you guys saw the story or now, or not. Uh, reporters barred from White House after Trump announces ban. Okay, which, okay. So, is this a good idea? I think this is a terrible idea that he's doing. But why is he doing it? I also understand why he's doing it. Reporters

• 48:58Patrick Bet-David?

  for CNN MSNBC political say they were denied access to the White House, ground Saturday day after Trump announced that three organizations were banned. Media outlets shouldn't be able to constantly write or report fiction and lies when they're covering the President of the United States. ABC News observed a CNN reporter photographer turned away of the security booth. Their past is confiscated. CNN said it has a right under the US Constitution to, to do our reporting without hindrance or interference from the government, and this ban is an illegal assault on the fundamental right. MSNBC intends to take any and all steps necessary to defend our amendment rights and essential role of independent journalism in our democracy. That network said confirming some of its journals were barred.

• 49:38Patrick Bet-David?

  The ban echoes Trump's first term fight with CNN, which the White House lost in court. Okay, and you read this. Now, the Trump, there's a video about what the president said. Obama comes on and says, imagine if I would have told Fox News that they can't do this. I don't know if you guys saw this clip that went viral. Go ahead and play this clip.

• 49:53Adam Sosnick?

  When was this?

• 49:55Patrick Bet-David?

  It'll give you the dates.

• 49:56Speaker 11

  You know what, Fox News, you're out of here.

• 49:59Patrick Bet-David?

  No, no, go from the beginning. Watch this.

• 50:01Speaker 12

  I think that what our advisors...

• 50:03Speaker 11

  I'm trying to think what would have happened if I had said, you know what, Fox News, you're out of here. It's unimaginable.

• 50:11Speaker 12

  I think that what our advisors have simply said is, is that we are going to take media as it comes. And if media is operating basically as a talk radio format, then that's one thing. And if it's operating as a, as a news outlet, then that's another.

• 50:32Speaker 13

  Appearing on ABC News last Sunday, presidential advisor David Axelrod argued Fox News is not a real news organization.

• 50:38Patrick Bet-David?

  And the bigger thing is that other news organizations like yours ought not to treat them that way.

• 50:45Speaker 13

  And today, the White House took its first concrete step in that direction. The administration contacted the White House pool. The five network rotation that has for decades shared the cost and duties of daily coverage of the presidency, and to which Fox News has belonged since 1997, and made available for round robin interviews the executive pays czar Ken Feinberg. But the administration specified that all members of the pool were welcome, except Fox News. The Washington bureau chiefs of the five TV news networks consulted that none of them would interview Feinberg unless Fox was included. And the administration relented, making Feinberg available to all five pool members and Bloomberg TV.

• 51:23Patrick Bet-David?

  There you go. So Obama says this. He did this. They did this. Trump is saying it now. Is it a good idea? Is it a bad idea? Adam, thoughts?

• 51:30Adam Sosnick?

  I'm not a fan. I believe in the First Amendment. I believe in free speech. I think Trump is kind of getting a little desperate right now in the lead up to midterms. It's not looking good for midterms. I don't like the $5,000 thing. But at the same time, you can disagree with some of the things the president does, but still root for the president because I'm rooting for America. So to me, it comes down to two different things. There's the president, and then there's precedent. So if Obama does this and boxes out Fox, and Trump does this to CNN or Politico, what's stopping the next president from saying, you can't be here, you can't be here, you can't be here? I look at it very simply because I've been in that White House press briefing room. This isn't the president's house. It's

• 52:15Adam Sosnick?

  the American people's house. And to me, when you start banning major media outlets, it's a slippery slope. And then, at the same time, just look at the trust in media. I don't know if we have...

• 52:28Tom Ellsworth?

  It's the lowest ever.

• 52:29Adam Sosnick?

  It's the lowest it's ever been. So people know that CNN lacks credibility these days. Fake news, we all know. It's the corrupt news network. We all know that. So trust in media, new low, 28% in the US. So let the chips fall where they may. Don't make an issue that doesn't need to happen. This is something where Trump's been talking about fake news for 10 years now. We're well aware of who can be trusted, who can't be trusted.

• 52:54Patrick Bet-David?

  Tom, thoughts?

• 52:55Tom Ellsworth?

  My thoughts is, once upon a time, we had a, you had the same ire with the media, but it wasn't really turned up like this. It's almost like revolutionary now, and I call it that. It feels revolutionary. Only one side actually doesn't use guns to silence the opponent. Other countries, that happens that way. And I think now, we've just gotten so over the top. What was interesting is, in the past, when they talked about banning, the other media got together and said, you can't ban Fox. If you ban Fox, you know, we won't go there either. Because they knew it would swing both ways. And right now, it's

• 53:33Tom Ellsworth?

  just, I think, it's just way too hot. I think the press could be a little bit more appropriate in the way they ask questions, in the way they have countered. Because remember, the press is there to investigate. We don't have the discovery of Watergate if we don't have reporters who wouldn't get off the story. And then America's found out where they were lied to. And so the media is there for a purpose. But when the media, now we see what happened over COVID, they were all in it. They were all in on it. And so now, I wouldn't be banning them, but I wouldn't call on them. The Reagan administration famously got real pissed off at Sam Donaldson, and wouldn't call on him for a couple of times. But Reagan ultimately made peace with Sam Donaldson.

• 54:16Patrick Bet-David?

  You know, it's crazy, Tom, you're saying this. I was in the insurance industry, okay? And in the insurance industry, I used things that I learned from Morgan Stanley Dean Witter, that I helped apply to PHP, as well as, Tom, if you're with me, and as well as some things on the recruiting model that I learned from some other high-volume recruiting businesses, like Primerica and others who were, some would say, network marketing, all this other stuff, right? Okay, great. And we grew the business, and then we succeeded, and we won, and we sold. And the business right now, doing great. Buyers are happy, things are going good. But some people would criticize, well, you know, it's a network marketing, and it's this and it's that. Guess what? They have the right to criticize it. My lawyers say, let's go sue them. My lawyer said, let's go put a season. I talked to the lawyer. They're

• 55:01Patrick Bet-David?

  like, hey, we gotta go after all these guys. I said, no, no, it's part of freedom of street. Now, don't get me wrong. The fame, lie, usage of stuff like that, then lawyers are calling in. By the way, Trump does that all day long. The part you have to know is, life is a lot more peaceful with criticism from people out there when no one knows who you are. When you go do something, what happens immediately? Criticism shows up. When you give an opinion, what happens? Criticism shows up. This last weekend, Ed Sheeran had a rough weekend. Why? He went out there, and you know, Macklemore and all that stuff, and you know, I just don't want to do this. And then Robert Kraft, and let's give $2 million. The guy got emotional. He's like, look, I'm not trying to be a political guy. I'm just a talent. You guys come because you like your music. And he starts crying. He's just kind of pleading

• 55:46Patrick Bet-David?

  with the audience. I'm just trying to be a musician. I'm not trying to be a, what's the word he used? I'm not trying to be an activist. I'm not an activist. I'm just a musician, right? And the guy's kind of dodging to try to get through this because he's... But the reality of it is, once you're... So the point I'm trying to make is, they're going to criticize the president. It is very annoying. And the president's going to sue the people that are lying, and he's going to get his check like he got from Stephanopoulos and other people. That's kind of how this business works. That's going to happen as well. But at the same time, what no one is talking about is the following. You know what's going to happen in 29, when an AOC gets in? Let me tell you what's going to

• 56:26Patrick Bet-David?

  happen in 2029. Are you ready for this? Take the top 20 biggest conservative podcasters, and many would say, they're going to get destroyed in 2029, 2030. Say something bad about AOC if she's president. See what happens. Say Newsom wins. Say something bad about Newsom, and continuously have some of those clips go viral. See what happens. What they're going to do is different than what the president is doing. Because the president's going after mainstream media networks. Politico, who follows Politico? Just the tweets and stories they write. But CNN, and what was the other one? MSNBC. Okay, great. You know what liberals

• 57:07Patrick Bet-David?

  are going to do? They're not going after Fox. They're going after podcasts. And you think it's going to be bad? It's going to be nasty. Because they already got the playbook, and they learned what not to do, and what to do. And one of the most annoying things that's going to happen, by the way, Rumble, if a liberal gets elected in 2029, Rumble's going to be back on fire. 29, 30, 31. I think Rumble's going to have their best four years if a liberal becomes a president. If Marco Rubio or JD Vance win in 28, 29, guess what? Rumble stays the way it is. But if AOC and stays president for 10 years, Rumble will be 100 billion dollar company by the end of 2038, or whatever the number is. Because there's going to be some concerns. Because they're going to target, but they're going

• 57:52Patrick Bet-David?

  to target in a different way. Email exchanges were there. You're going to see what they're going to be doing. I'm telling you right now. You're going to see what games are going to be playing. So, yes, you can go after mainstream, whatever. Wait till 2028, see what they're going to be doing on the other side, if they win. Adam?

• 58:07Adam Sosnick?

  What would they do exactly to podcasters and YouTubers? Because we experienced this during COVID. I'll tell you. We saw the suppressing and the shadow banning. We saw this. What do you think?

• 58:17Patrick Bet-David?

  I don't think it's just suppressing and shadow banning. I think it's going to be shutting down. I think it's going to be, I think it's going to be stuff that they'll do that's... Remember, the best part is, all the shit's out there on what Biden emails with Twitter files that came up, and Taibbi and Barry Weiss and all these people that were working on it. All of those things are out there. And they're going to have now AI. These guys are going to use that information, put it in Claude, and say, if a new administration was going to go in there to try to shadow ban these YouTubers and these content creators, what different ways would you do to not leave fingerprints? They have access to an AI to be able to pull that out with a person that they're paying, an intern, they're paying 20 bucks an hour, 15 bucks an hour. That intern's going to be able to get all that intel for

• 59:02Patrick Bet-David?

  them, strategy, and say, these are the 12 points that we got to follow this time around. This is a very smarter time on how to attack and eliminate. So you, as a group that... You're creating content, you best get ready. You best get ready and you better subscribe to diversification. And what I mean by diversification is what? Where your content is being. Administered and put out. Put out there so people can get the messaging. Because only the paranoid survive. Socialists are worse than Democrats. Because socialists love control more than Democrats. At least Democrats believe in a democracy. Socialists believe in control in ways no Democrat does. And when that day comes, it'll be a very different world. The first thing that goes to silencing.

• 59:45Tom Ellsworth?

  Can you tie this back to Trump? Are you basically saying it's not a good idea?

• 59:48Patrick Bet-David?

  I think it's, I think what he's silencing are people that don't matter anymore. Who gives a shit about CNN, Politico and MSNBC? Honestly, who really, if I told you right now, give me the top five names on CNN right now that you're worried about, that you value their opinion. Go ahead. No.

• 1:00:03Speaker 02

  Hold on.

• 1:00:04Patrick Bet-David?

  Value their opinion. Hold on.

• 1:00:06Tom Ellsworth?

  Zero on CNN?

• 1:00:07Patrick Bet-David?

  On CNN?

• 1:00:08Tom Ellsworth?

  Well, you know.

• 1:00:09Patrick Bet-David?

  No, not Scott Jennings, not Zakaria.

• 1:00:11Tom Ellsworth?

  No, no. I value Fareed, I value Zakaria.

• 1:00:14Patrick Bet-David?

  Perfect. So those are two.

• 1:00:15Tom Ellsworth?

  Yeah.

• 1:00:15Patrick Bet-David?

  Who do you think carries weight when they're giving opinion at CNN?

• 1:00:18Tom Ellsworth?

  Well, a lot of them used to, Dana Bash.

• 1:00:20Patrick Bet-David?

  Dana Bash, the other day said.

• 1:00:22Tom Ellsworth?

  They used to.

• 1:00:23Patrick Bet-David?

  Okay.

• 1:00:23Tom Ellsworth?

  They don't carry as much.

• 1:00:24Patrick Bet-David?

  So who would Politico, name me one person at Politico.

• 1:00:27Tom Ellsworth?

  Who's at Politico?

• 1:00:28Speaker 02

  I don't know.

• 1:00:28Patrick Bet-David?

  Tom, name me one person at Politico. Okay, name me two people at MSNBC now.

• 1:00:32Tom Ellsworth?

  Who's at Politico?

• 1:00:32Patrick Bet-David?

  Name me two people at MSNBC now.

• 1:00:34Speaker 02

  I actually don't.

• 1:00:34Tom Ellsworth?

  I know Scarborough.

• 1:00:36Patrick Bet-David?

  This is what I'm trying to tell you guys.

• 1:00:37Tom Ellsworth?

  Rachel Maddow.

• 1:00:38Patrick Bet-David?

  People don't.

• 1:00:38Tom Ellsworth?

  I'm not saying I trust their opinion, I'm saying those are the places of their network.

• 1:00:41Patrick Bet-David?

  People don't wake up and want the opinions of mainstream media, and if they do, they're boomers. People wake up and wanna know what these people who are running their own podcasts and shows are thinking. Those guys are different, are not controlled the way the CNN and these other guys are. So to me, I think it's a bad move. I think it's strategically a bad move. I know he's upset, he's frustrated, he's doing his thing, but.

• 1:01:07Tom Ellsworth?

  But why?

• 1:01:07Patrick Bet-David?

  If you think Brandon Carr, like what did Brandon Carr really end up doing? Did Jimmy Kimmel get fired? No.

• 1:01:12Tom Ellsworth?

  No.

• 1:01:13Patrick Bet-David?

  Did Stephen Colbert get fired and stepped down? Yeah, but he wasn't making money. But what happened with Kimmel? Yeah, Kimmel couldn't put Tarr- T- T- Talarico, so he went on YouTube. These are just nonsense stuff, but the other side will execute.

• 1:01:26Tom Ellsworth?

  Oh.

• 1:01:26Patrick Bet-David?

  They will execute. That's the only difference, so just be ready for it.

• 1:01:28Speaker 02

  They do, but my, and my thing is this, why now? Why out of, out of everything that they've done to this guy, why now? And, and the First Amendment angle is stupid. CNN has the right to print false information, Pat. Lie to us about everything. They still have their cameras, they still got their endless airtime, they're just not entitled to the West Wing. That's a privilege to be in there. So for how many years, it's, we're going on nine, 10 years? It's just everything that these networks have is that, it's just anti-Trump, anti-Trump.

• 1:01:57Patrick Bet-David?

  Comes with the territory.

• 1:01:58Speaker 02

  And that, yeah, exactly. And this is what happens when the media, media destroys. They've destroyed their credibility, Pat, and they've become a political arm for the Democratic Party. That's it. Full stop. MSNBC had to change their name to MS Now, as if that's gonna make us go, wow, who are these new guys on the block? You've been full of crap for all the, no, Adam, if you think about it, like that's like CNN changing their name now to like CMM. Don't look over here, look what we're doing, okay? For years. And think about it, Pat, from, from Russia collusion, Adam, this all started, you, you used to believe it, cuz you know, you were on that side, thank God you got out of it. From scandal to bombshell this, to anonymous sources, to Tom, I'm happy you said it, to COVID.

• 1:02:39Speaker 02

  The amount of lies, the people that have died because of these people, and the ABC settlement, Pat, the CBS, I'm talking about $32 million. And he could keep suing, okay? And it's almost like the, the, a bigger angle is the boy who cried wolf, okay? For years, they destroyed their credibility. They've lied about 90% of the stuff. And now, when people wanna actually listen to them, and you have, actually have something to say, let's say to even criticize about Trump? Nobody cares, cuz you said it, the trust is so low that nobody gives a damn. And Obama, Pat, for Obama? Guys, one of the most, like, he's one of the people that makes it extremely difficult, Pat. We pray for our enemies. He's not my enemy, but he makes it so difficult as a Christian to not be angry.

• 1:03:21Speaker 02

  And this guy, on his way out, with all Brennan and Clapper and everybody, started, and they tried to unsee a sitting duly-elected president, spying on him, Russia collusion, Hillary Clinton, and all these media outlets, all backed it, and they all pushed that nonsense knowingly. They lied to us for four years, as if we didn't know that Biden was just a gone, demented human being, and then Clapper, and not Clapper, who's, um, who's the guy from?

• 1:03:47Patrick Bet-David?

  Tapper.

• 1:03:48Speaker 02

  Clapper, trying to write a book going, yeah, I kinda knew this whole time. It's, you know what? And you're right, Pat, nobody cares about them anymore, but to hell with them. Get, get out of there. Go on the sidewalk, spew your nonsense over there. To be in the White House is a freaking privilege, and I think they lost it a long time ago.

• 1:04:05Tom Ellsworth?

  Well, I think there's one little thing that we're missing. By the way, welcome back, Vinnie, we missed your rants, we love you.

• 1:04:10Speaker 02

  Wore my suit for it.

• 1:04:11Tom Ellsworth?

  For the last, I think, month, there's been no White House Press Secretary. Caroline Levitt, I think she's been out for a month now. So who's fielding the questions? Who's answering the questions? Right now, it's sort of vacant, so this is maybe a Trump move to sort of, you know, deal with basically no one, the messaging not coming out of the White House that is usually there. She was a great White House Press Secretary, and now there's nobody there, and that's an angle.

• 1:04:35Speaker 02

  Adam, press conferences, how, think about it, Obama didn't, I'm, I'm sorry, how long did Joe Biden take to do a press conference when he got in?

• 1:04:43Tom Ellsworth?

  Of course.

• 1:04:43Speaker 02

  No, no, a year, a year, a year and a half? He, they kept them away from the thing. Trump is welcoming, he talks to all them, he fights with them, he brings them in there. Have you seen the White House press conference rooms, Adam? When, when it was Biden, everybody sat quiet, everybody knew, nobody argued with Karine Jean-Pierre, whatever the hell her name was. When it's Trump, it's a madhouse in there, and everybody's yelling and fighting, and it's a freaking battle in there. It's like, it's, it's not right. It's not, it's not right.

• 1:05:10Patrick Bet-David?

  That's right. It could be annoying, it could be frustrating, but you can't do that. Tom?

• 1:05:16Tom Ellsworth?

  As I said, Pat's right about one thing. They won't come out and do it directly. Brendan Carr, the FCC, created the public interest playbook, and that public interest playbook is how they kinda rammed through permission for the Ellison's to go ahead with their, their Paramount merger. Uh, most of the media didn't want that to happen, cuz they didn't want CNN to go to some moderate group, and then people start getting laid off. So Brendan Carr created that. But what's, what's even greater is what Brendan Carr did on day one. And what he did on day one is he threatened the platforms, X, YouTube, Spotify, with Section 230. I will apply Section 230, you will be declared to be a platform and a broadcaster, and you will have to moderate everything on there,

• 1:05:59Tom Ellsworth?

  and not be able to say, no, no, no, that's their freedom to do it. Nope, you are the moderator. That destroys it. And that's when everybody backed off. And that, a lot of that came from the pressure from Matt Taibbi and the Twitter Files. So what they'll do is they'll threaten Section 230 unless you shut down, or you kinda move back, or you shadow ban, or you do all these old things with your conservative podcasts. I'll be number one. The second thing is, and they're gonna use FEC, and I've been reading about this, um, for some time, and we've just never talked about this. The Federal Election Committee, remember when we have someone on, anyone has someone on, Jake Tapper has someone on, doesn't matter on your podcast, they wanna declare all political presidents to be in kind. Um, so therefore, you have to go give it to the other side.

• 1:06:43Tom Ellsworth?

  And the liberal podcasts aren't gonna wanna do that. No, they're only gonna go after the conservative ones and says, hey, you were talking about, um, Byron Donalds for Florida for all this time, you gotta go talk about the other guy for a half hour tomorrow. And so that's the way they're gonna do it. And because that way, it won't look like, she'll like, oh no, I'm not doing anything. I'm allowing these agencies to manage the affairs under their purview. That's exactly how it'll happen. It'll come from the left, it'll come from the right.

• 1:07:10Patrick Bet-David?

  And by the way, here's the reality, look at this here. This is Kelsey, 42 days, November 3rd. Look at what's the likelihood of the Democrats winning the House?

• 1:07:19Tom Ellsworth?

  No, no.

• 1:07:20Patrick Bet-David?

  92%. And you know how much money's been put into it? $41 million and counting. It's updating live, if you look at the bottom left number. 40 million, 936, 711. Look out, that 711 is about to move. It's updating live, and the chances of Republicans winning is 8.4%. So if you're somebody that's, you're like, you know, I don't know, I think they're still gonna come and pull it off?

• 1:07:45Tom Ellsworth?

  Yeah.

• 1:07:45Patrick Bet-David?

  No, no, what I'm saying is, put your money there and see what that does, if you think conservatives could pull it off.

• 1:07:50Tom Ellsworth?

  By the way, guys, can you pull up where the Senate is real quick? I don't know if you can, if you, I'd like to see where that stands right now. It's probably a lot closer, right?

• 1:07:56Speaker 02

  And you know what this means too, right? Impeachments, he's done, the investigation, it's all starting.

• 1:08:01Tom Ellsworth?

  It's all meaningless if they don't win the Senate. So now the, the, it looks like the Democratic Party is favored, uh, just a bit. Okay, so it shifted a little bit. It's now 60-40.

• 1:08:10Speaker 02

  Well, for, for their, his sake, they better not.

• 1:08:13Tom Ellsworth?

  Crisscross.

• 1:08:13Speaker 02

  Take both.

• 1:08:15Patrick Bet-David?

  You know what happens if they take bows? You know what happens the following week? That means Trump's cooked. Impeachment coming around the corner. And is Massey still gonna be in or no? No, he's gone. He's gonna be gone after this. After November, he's gone.

• 1:08:27Speaker 02

  After November.

• 1:08:28Patrick Bet-David?

  Yeah, he's done.

• 1:08:29Tom Ellsworth?

  To be exact, on, I think it's January 27th around the Super Bowl, when the new one will be swined, sworn in, he will be voting in present, I think, till January 27th.

• 1:08:38Patrick Bet-David?

  Look at that. 67% impeachment and how much money? 4.7 million? Before March 1st, 2027, 21% before January 1st, 3.1%.

• 1:08:49Tom Ellsworth?

  That's ugly. Get out there and vote, ladies and gentlemen.

• 1:08:53Speaker 02

  And guys, it's just back, it's like, think about it, whatever side, it's back and forth. It's ridiculous, though. It's absolutely ridiculous.

• 1:08:59Tom Ellsworth?

  That's America, baby.

• 1:09:00Speaker 02

  And it's like, it is what it is.

• 1:09:01Patrick Bet-David?

  Yeah, and, and, you know, that's, it's exactly it. That's America, and you either love it, or you don't. Go to Mexico.

• 1:09:08Tom Ellsworth?

  Go to China.

• 1:09:09Patrick Bet-David?

  You can always go to China.

• 1:09:10Tom Ellsworth?

  Go to Russia, you'll have the same president.

• 1:09:11Speaker 02

  Why are you saying China?

• 1:09:12Patrick Bet-David?

  We have to fight to keep it together. Now, while this is happening, I want to get into the next story. Putin's preparing to escalate war. A lot of people are worried in EU because militaries are moving, countries are moving their military. They're kind of, there's some movements going on, and Trump yesterday said that they're planning on building a US, new US base in Poland, as NATO ally leader warns of real risk from Russia. And that's a real conversation that's being had with the military base being led there. And Ukraine launches 1,000 drones at Russia, including hundreds fired at Moscow in largest attack ever. This isn't like a small little thing we're talking about. The largest attack ever just happened.

• 1:09:55Patrick Bet-David?

  Tom, how serious do you think this is?

• 1:09:58Tom Ellsworth?

  I think this is really serious. Three things happened over the weekend. Why do these all happen in threes? The first thing that happened over the weekend is that Zelensky and Whitkoff and Kushner had been speaking in recent weeks, recent days, and Zelensky came out and thanked the US president for a phone call. Think about how far this has come. My goodness, remember they were screaming in the Oval Office a year and a half ago? And he's sitting there with JD Vance and are getting into it? And now he's actually thanking the president for a civil phone call and for peace discussions. So point one, there's been peace discussions in the back, in the back door. Point two, publicly, Zelensky and Trump, hey, thank you very much, Mr. President, I appreciate this.

• 1:10:42Tom Ellsworth?

  And then point three, it's been hitting the fan between, you know, Ukraine and Russia. They're really escalating things. It's not just one little drone or a little missile that comes over to a fuel dump and they say, see, I can get you, I can get you. No, this is big. And this is, this is making, this makes me nervous about what's going on over in Russia. Because I think this is, this is an escalation, and Putin doesn't want this. And when they, when they start hitting each other's oil infrastructure, the whole world loses. Because we're right now on demand edge, anyway. And Pat, I think this is a very significant escalation. This needs to back off.

• 1:11:23Patrick Bet-David?

  If, if this is the largest attack Ukraine has done, and he's saying, I want to thank the president of the conversation I had, do you believe the president knew Ukraine's about to do the largest attack they've ever done on Putin, on Russia?

• 1:11:36Tom Ellsworth?

  How can you not?

• 1:11:38Patrick Bet-David?

  Okay, so now...

• 1:11:39Tom Ellsworth?

  Do you agree?

• 1:11:40Patrick Bet-David?

  Yeah, so then, here's the question. Then the question becomes, you know, what, what do you think if you're Putin and this just happened? What do you think if you're Putin and you get calls from US? Do you think US calls and says, Ukraine's about to attack you? Or you think that was a surprise attack and Russia didn't know at all? You think Russia knew?

• 1:11:58Speaker 04

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• 1:14:09Tom Ellsworth?

  I think the intelligence is so good these days.

• 1:14:13Patrick Bet-David?

  Not the intelligence, you think Russia knew because US gave him that message?

• 1:14:16Tom Ellsworth?

  I don't think we...

• 1:14:17Patrick Bet-David?

  I agree, I don't think they did. Okay, so you're now Putin, and I think the story just came out, you know, of, you know, stories with Putin still being in power, and then Trump tweeted this thing here, I don't know if you guys want to put this up, just a couple hours ago. Russia has unfortunately lost control of its diesel oil industry due to its war with Ukraine. A large number of diesel refinery, of their diesel refineries have been blown up and are at least temporarily out of commission. This ridiculous and never-ending war with Ukraine must be ended. The whole world suffers as 25,000 people, mostly soldiers, are being killed each month. What a shame. That's a direct call out to who? To Putin.

• 1:15:02Speaker 02

  Putin.

• 1:15:03Patrick Bet-David?

  To Putin. Now, the pro-Putin people will say what? You guys, when you guys at the Warsaw Agreement, you guys promised us you're not gonna be constantly going east, and you keep going constantly east, and now you're saying you want to build a military base in Poland? What happened to all the NATO ally and, you know, you guys are not gonna do this? You know, so, the part I want to be thinking about right now is, I mean, of course, we're speculating, what is, what is Putin thinking right now? You think Putin's at a point right now where he's kind of like, well, you know what, I'm done? Let's agree, let's wrap it up. You think that's where Putin's at?

• 1:15:35Speaker 02

  I don't know.

• 1:15:36Patrick Bet-David?

  Okay, is this it, by the way, that they hit the ref, this is Russia, by the way?

• 1:15:40Speaker 02

  That looks like a video game. It looks fake.

• 1:15:42Patrick Bet-David?

  It looks like a video game, but it's, this is Russia for you.

• 1:15:44Speaker 02

  That's not good, bro.

• 1:15:45Patrick Bet-David?

  No, this is Russia, okay, of what, what they're dealing with. So Putin is preparing to escalate the war against Ukraine with a stealth mobilization to be launched after this weekend's regional elections, according to Western intelligence. And I think he's getting the, you know, the elections, a lot of his guys are getting re-elected. A senior intelligence source told The Telegraph, the Kremlin plans to quietly expand conscription once voted or counted, avoiding the backlash a formal announcement would bring. The plan is to do it with shadow, in the shadows. The urgency reflects staggering losses. Western estimates put Russian casualties at 1.5 million, Vinny.

• 1:16:21Speaker 02

  That's insane.

• 1:16:22Patrick Bet-David?

  Russian casualties, 1.5 million, including some 500,000 dead since the full-scale invasion began. With manpower dwindling, recruiters have resorted to forcing prisoners, debtors, and even students into uniform, though official doubts, officials doubt new troops will have the equipment to matter quickly. The escalation comes at the US considering withdrawing 25,000 to 40,000 troops from Europe, a move Washington officially denies, but NATO commanders have discussed behind closed doors. French President Macron has unveiled a plan to protect Europe's critical infrastructure in response. This is not pretty here. This looks like it could get nasty. Tom, the, the level of nastiness, Putin's sitting there, reading all the articles, saying,

• 1:17:05Patrick Bet-David?

  Zelensky and Ukraine just did their biggest attack, launches the biggest attack ever, right? CBS, you think he's gonna have his largest attack as a retaliation towards Ukraine?

• 1:17:18Tom Ellsworth?

  Yes, let me tell you, you know...

• 1:17:20Patrick Bet-David?

  I think that train ride from Warsaw to Kiev sounds exciting.

• 1:17:24Tom Ellsworth?

  But, let me tell you...

• 1:17:25Speaker 02

  Yeah, you think?

• 1:17:26Tom Ellsworth?

  Russia is the guy at the table that says, you know, I'll see your 50,000 and I'll raise you. I mean, even if he's holding, you know, you know, a jack and a two. And Putin just doesn't play around, and he'll come back and hit hard. To put this war into scope, the United States lost 405,000 men died in World War II. 405. You see that number they've already lost here?

• 1:17:53Patrick Bet-David?

  500,000, yeah.

• 1:17:55Speaker 02

  Twice.

• 1:17:56Tom Ellsworth?

  Twice with the US, okay? And then Vietnam was 58,000 dead. They're on that precious wall that's in Washington DC. Korea, 36,000. They're losing...

• 1:18:08Tom Ellsworth?

  Every two days, it's a Vietnam War. And so when you think about this, you're like, my gosh, you know, aren't they, aren't they gonna run out of able-bodied soldiers at some point? And doesn't somebody want to get sensible? That's my second thought. But my first thought, that guy is KGB. They always come back harder. Always.

• 1:18:32Speaker 02

  And Pat, he's, think about it. If you're Russia, everybody, besides China and all that, you know, allies, whatever, like, we're, Ukraine, you're in a war with Ukraine. We're sending all the money and we support Ukraine. I mean, the government does from, you know, Lindsey Graham and keep going back to all the people that were in the pens and Zelensky. Then, you know, NATO and everybody, he's, he's backed into a corner. And let's not forget, he is a nuclear power. Is he number two in the, was China's number two or is Russia number two, Tom? We're number one nuclear. It might even be number one.

• 1:19:05Patrick Bet-David?

  It might be number one.

• 1:19:06Speaker 02

  Russia's number two. Okay.

• 1:19:07Patrick Bet-David?

  Depending on what type of nuclear, because some of their stuff is older.

• 1:19:10Speaker 02

  Yes.

• 1:19:11Patrick Bet-David?

  And they're saying it's not as strong as the ones that we have.

• 1:19:13Speaker 02

  Got you. You're backing this number two nuclear power guy into a corner, Pat? And it's like, it feels like, if I had to be him, it's everybody against him, except China. And it's like, this is not somebody like, he's not, I'm not saying he's gonna launch a full-scale nuclear attack, but there's only so much, you never know what somebody's gonna do that is in control of everything. He makes all the decisions. Over here, we have the Senate, we have the House, we have all these committees. Putin owns Russia. He runs the show. He doesn't have to look to like a Pete Hexeth or Ratcliffe or somebody to try to get any decisions made. He does it all. And there's only so much that somebody's gonna take. Tom, and you nailed it. He's what? He was ahead of the freaking, he was not even ahead of the KGB. He was in the KGB, that's where he started. And this guy does not play games.

• 1:19:57Speaker 02

  And I think we're poking a bear that is not afraid to bite.

• 1:20:01Tom Ellsworth?

  People that go against him in his own government get sprayed with that cool nuclear cologne.

• 1:20:06Speaker 02

  Yeah, yeah, exactly. And they die in hospitals and they get poisoned. Exactly.

• 1:20:10Tom Ellsworth?

  You make a great point about, he is the last capable and strong man in the world that's in full execution mode right now.

• 1:20:18Speaker 02

  Yeah.

• 1:20:19Tom Ellsworth?

  There are others out there, but he's the guy who's in full control and he's, and you, he cannot be forced to stop.

• 1:20:25Patrick Bet-David?

  I just asked AI here, just out of curiosity, remember how we asked AI about what's the likelihood that AI could by the next 10 years end mankind? And the percentage was what? Two to five percent or five to 10 percent, something like that? I just says, what's the likelihood that Putin, within the next 30 days, could use a nuclear weapon against Ukraine? You know what the number is? 1 to 3%.

• 1:20:48Speaker 02

  That's still, 3% of somebody, and mind you, people think nuclear weapon, Pat, they think a big mushroom cloud and the world's over. No, no. You could do a tactical nuclear weapon that will destroy.

• 1:20:59Tom Ellsworth?

  So you're saying there's a chance?

• 1:21:02Speaker 02

  Yeah, exactly. So, by the way, in Ukraine, all it takes is one stupid little tactical nuke that they put somewhere, Pat, and it gets ugly really, really fast. We're messing with the guy that I don't think likes this attitude.

• 1:21:15Adam Sosnick?

  Maybe I'm just a big fan of Reagan. I think Russia is the most dangerous country in the world, and it's not even close. We understand the competitive nature that we have with China. We're having those conversations about decoupling, but we're trade partners with them. I think, whatever the massive percentage, what is Russia doing for anybody other than themselves? I think Putin is a warmonger who does not want peace. And the only way to deal with these people is peace through strength. So, at this point, you know, Zelensky, as much as we've given him a hard time and as much as we don't want to be funding this war, I don't even think we've been giving them much money or weapons lately. I think the EU has been basically, and NATO have been funding Ukraine. I think Ukraine is fighting valiantly.

• 1:21:57Adam Sosnick?

  I think they have a bully to their east who wants to take over more territory? You're already the biggest country in the world. Why do you want more territory? It seems to me that Putin, the KGB thug, just wants to control more territory, more land, and meanwhile, he has millions of his people dead. Answer this one question. What has he accomplished in five years? Tell me. Putin, what's happened? Has he gained any land? Has he gained more power? Has anything happened? He just looks like a warmonger who basically just wants to basically see things burn.

• 1:22:39Adam Sosnick?

  And unfortunately, if that's your attitude, all of a sudden, Ukraine, with all the money, with all the investments, with all the aid, has basically said, all right, we're gonna develop these drones. And you know what? We're gonna whoop your ass now. And that's what's happening to Russia. And in my opinion, Russia is getting what they deserve. Now, I'm being simplistic in this, in this breakdown, but to me, what good is Russia, other than their oil, doing for the world? Now, maybe I have personal issues with Russians these days, but to me, Russia is bizarro US. Whatever US wants, Russia wants the opposite.

• 1:23:13Patrick Bet-David?

  I'm just curious, because right now, you know, is it more of who Trump can get more out of for US? So is it the resources that Ukraine has? Because Ukraine's got a lot. Is it the fact that the Black Rocks and all the bigger companies are sitting there saying, hey, man, we got a $400 billion deal that we can go build Ukraine? And that's good business.

• 1:23:36Speaker 02

  Bingo.

• 1:23:36Patrick Bet-David?

  If this war ever ends. Number three, you know, is, Zelensky is kind of sitting there saying, man, I kind of want to finish this war because for, whether it's reelection, there's a couple of new candidates that are becoming a threat to him. And he needs to open it up because guys like Elon and others probably have a lot of resources that they can invest and deploy, but they don't trust Zelensky because they're thinking he continuously wants to extend the war. Who knows? Trump said, hey, whatever you do, Ukraine, don't hit the diesel, don't hit the oil refinery, leave those alone. But Zelensky's not listening. So this week, with them coming in town, these meetings are gonna be interesting. And I think Xi comes end of the week, Xi's not gonna be in New York, but Xi's coming to meet the president next week, in the next 10 days, they're meeting each other. And Trump is actually going to the airport to welcome Xi.

• 1:24:20Patrick Bet-David?

  He typically waits for everybody to come to the White House, but he's actually going. So this flipped a little bit with Zelensky. And, you know, both of them flipped. I just don't think Trump thinks he can get deals done with Russia, with Putin right now, because it was like a settlement agreement that Putin said he was gonna do, and he didn't. So Trump's pushing his weight right now. And it leads to the following story. Trump's Greenland deal eases way for US business on Arctic Island. Wait, what? So that whole Greenland thing wasn't just a tweet that he was having fun with? No. So it's actually turning into something? Apparently so. And this is Wall Street Journal. The security deal over Greenland, announced by Trump on Friday, relieves pressure from

• 1:25:02Patrick Bet-David?

  months of American maneuvering to control the semi-autonomous Danish territory and smoothes the way for more US investment on the cash-starved, resource-rich Arctic island. It is expected to be signed this week. Trump's threats to annex Greenland by force has made investors skittish and Greenlanders wary. The deal is unlikely to immediately open floodgates to mining and oil drilling, hampered by harsh Arctic conditions, but it brings stability to areas where US businesses have shown interest. If the deal gets over the line, it will benefit all parties. We need to put behind US, the insecurity that has plagued us, not only as individuals

• 1:25:43Patrick Bet-David?

  but in the business community for nearly two years, said Najah Nathanielson, a Greenlandic lawmaker and former business minister. I have seen an increased American investment interest in recent years, and we want to build on that interest. What is that? Money coming in, creating jobs, and locals want that. Tom, how important is this?

• 1:26:03Tom Ellsworth?

  This is a huge deal. And there were two things that happened in this deal that I think really shows you the art of the deal. The Danish did not want to give up sovereignty. Nobody wants to give up. And the EU was in their ear saying, don't give up. You can't let him win. You can't do this. So, the first thing that he did is Danish sovereignty will be maintained. So this doesn't become a state, but, see if this doesn't sound like Puerto Rico. Puerto Rico still has sovereignty on its own, not to a foreign country, but it's still its own. So Greenland stays sovereignty. Security is paid for and provided by the United States of America.

• 1:26:43Tom Ellsworth?

  We have overflight rights, means we can fly over the area anytime we want, military. Only US or NATO bases will ever be built on the island, or important deep-water submarine docks. Oh, oh, those are helpful, especially if you want to be up there in the channel. And there can be no foreign bases that are non-NATO. I said that, but really underlined it. No non-NATO bases, because China had been investing. And no sensitive investments by foreigners that we don't approve. So if China wants to build, oh, a, let's say hypothetically, they wanted to build a mill and start mining precious minerals and rare earth minerals in Greenland, they

• 1:27:27Tom Ellsworth?

  wanted to pay to build that mine to do that. Nope, can't do that now. So that's out. And guess who has access to it? Us. So the United States gets access to the rare earth minerals, US companies are free to invest in there, knowing that we're providing security and there will be no foreign involvement there. China does not get access to the rare earth minerals that are there. And the Danes get to say, we're still in charge, just like the governor of Puerto Rico can say, he's still in charge, even though it's basically run by us and the IRS handles all the taxes. This was a great deal, and I feel like it's a win-win for the people of Greenland, who were honestly worried at one point. Are you gonna come here military, just take us over? Why would you do that? I'm just living here in Greenland. 50,000 people.

• 1:28:12Tom Ellsworth?

  Boca Raton, Florida is bigger than the population of Greenland. And, but less Jewish. And you've got. Greenberg and Greenland. So it's like, so you've got everything that the Danes wanted.

• 1:28:25Patrick Bet-David?

  Here's two things I want to show. One of them is, on the map-wise, if you look at the map, here's one of them. And guys, I sent you the other one as well, if you want to show it. So Canada should be a little bit worried. You better get your act together, because we got Canada surrounded. I mean, it looks like US is kind of trying to let Canada know, you're next. You know, you're next. Could Canada be a 51st state? Who knows? But they got a $3.1 trillion, and I sent you a picture, if you can pull that up as well. When it comes down to miles, right here, if you look at this, DC.

• 1:28:59Patrick Bet-David?

  To Greenland would be what? 2,000 miles. And then from there to Copenhagen is 1,800 miles. But more importantly, from Greenland to Moscow could be what? 2,000 miles. So strategically, long-term, to keep the world safer.

• 1:29:13Speaker 02

  Yep.

• 1:29:14Patrick Bet-David?

  This is also a very strategic move that the president is making. That for some of you guys that are not happy about a handful of other things he's not doing, or doing, whatever the war, other things that concerns you at now, which you have the right to. This may be one thing that, long-term, sometimes the stuff like this, you won't see the benefits of it, but I'll be 75 years old, and, and God willing, and we'll be reading a story about, you know, remember when Trump got that Greenland deal and everybody was worried about this? What a great move he made with that, because of that X, Y, Z. That's what could happen with a story like this. But he will not get credit for it. What is that from now? 28 years from now? 28 years from now? He will be 108 years old.

• 1:29:55Speaker 02

  Odds are, he's not gonna be alive. He's not gonna be alive, but you-

• 1:29:58Patrick Bet-David?

  What do you think about this, Vinny?

• 1:29:58Speaker 02

  No, I just wanna say, going back to your point that you made earlier, and it was such a good point. What president comes in and does something that's boom, right now? We were there when, uh, in Washington, when we were looking at the stage, and he brought that little Resolute Desk, Tom, and he's signing bills. Right then and there, executive orders, border, boom, DEI, done, everything, boom, day one. This is something that I'm telling you right now. This is that long-term stuff that's gonna be down the road. This is that 4D chess, every time, and it should drive me crazy every time I heard it. This is literally the 4D chess, putting on moves on the freaking chessboard for the future. Guys, this is to keep us, the freaking superpower that we are, this is all strategic. I think it's hilarious, Tom, you made a great point, there's only 50,000 people there.

• 1:30:41Speaker 02

  They're gonna be happy, especially with some of the jobs and stuff that we're gonna bring there, especially if we open up a base there, cuz wherever there's a base, guess what? There's jobs, thousands and thousands of jobs, and the economy goes up. Wherever we put a United States military installation. So, I think it's a freaking awesome thing, like you said. He won't get credit, and I'm just hoping that if a new Democrat president comes in, Pat, they don't try to undo this type of stuff. That's the problem.

• 1:31:05Adam Sosnick?

  And it's also, we were also there with a very strategic base, and we didn't want China to be on Greenland. It's called Pitufik, P-I-T-U-F-F-I-K, Pitufik Space Base. Previously was known as Thule Air Base, but it was up there, and this is some of our space force, this is your old buddies.

• 1:31:23Speaker 02

  Yep.

• 1:31:24Adam Sosnick?

  And that's up there on the north side, and what they've been really worried about, apparently this is some of our most sensitive space stuff, because of where it is positioned in the world, where we can launch and things we can do, and how we can operate, and it's also a listening post. And they didn't want China to be getting property, or getting on Greenland, you know, to be right next to it, the way they are in Nebraska, next to a, you know, an Air Force airfield.

• 1:31:47Speaker 02

  Mountain Storm Air Force Base, Montana, yeah.

• 1:31:49Adam Sosnick?

  Yeah, exactly, where they're right up there in Montana, or what is that called up in Montana?

• 1:31:52Speaker 02

  Minot, Minot, or Mountain Storm Air Force Base, Montana.

• 1:31:54Adam Sosnick?

  What's the name for the NORAD?

• 1:31:56Speaker 02

  NORAD.

• 1:31:56Adam Sosnick?

  Yeah, so-

• 1:31:57Patrick Bet-David?

  Well, first of all, that's one of the worst names out there. Pitufik, I mean, you can really screw that up. You can go to church and say, "Where are you from?" You can say, "Oh, fuck." You know, you can really, like, it can go in a very-

• 1:32:08Adam Sosnick?

  And then you gotta go in the little confessional there with Father Flanagan.

• 1:32:11Patrick Bet-David?

  Adam.

• 1:32:12Adam Sosnick?

  I think with all the, you know, sort of negative press and negative news Trump is getting, this is huge news. You know, if you would've told me last week, "Yeah, we're actually gonna work out a deal for Greenland", I'd be like, "What? That's still even in there?"

• 1:32:23Speaker 02

  I never doubt it.

• 1:32:23Adam Sosnick?

  And, you know, huge win for Trump, but mostly a big win for America. And, you know, not only a big one for America, huge loss for China and Russia. Because do you think this is more of an offensive move, a move, or defensive move? You know, offensively, you can make the case, this is good for minerals, this is good for rare earths, this is good for shipping lanes, but defensively, to block out our biggest adversaries, especially Russia and China, this is huge. It just, you know, Tom brought up the art of the deal. It just goes to show, when Trump does his art of the deal, sometimes the American people benefit. He throws out this ridiculous, you know, big bluff, "We're gonna take over, we're gonna take over Greenland." Meanwhile, he's bargaining on the back end, and then just, lo and behold, nobody's expecting it, boom,

• 1:33:07Adam Sosnick?

  deal announced, now we have a massive deal with Greenland.

• 1:33:09Patrick Bet-David?

  There you have it.

• 1:33:10Adam Sosnick?

  Shout out to the Trump administration.

• 1:33:11Patrick Bet-David?

  Gotta give him respect, and by the way, it's so funny. Uh, I'm getting messages, somebody just ordered a couple of these jackets from Ireland, Dublin. So whoever you are, I don't wanna say your name, whoever you are, you know who you are.

• 1:33:22Adam Sosnick?

  Also Dublin, Ireland.

• 1:33:23Patrick Bet-David?

  Yeah, Dublin, Ireland, yeah. Conor McGregor's people that are getting this. If you haven't yet, go to FOB.com, the jacket's here. These are the number one, there's only a few left, and then these guys here with "The Future Looks Bright."

• 1:33:34Adam Sosnick?

  Let's go, get Mother Hot.

• 1:33:35Patrick Bet-David?

  Red, white, and blue. Okay, with that being said, let's continue to go in, uh, into the next story. Elon Musk sells a new, uh, future, Vinny. I don't know which one you'd wanna live in, but he tweets this out. And you know it's not a joke when Elon puts it out, you know he sees himself being able to do this. We can't show the whole clip, but let's play the first minute, go, go for it, watch this, folks.

• 1:33:56Speaker 16

  Together.

• 1:33:59Speaker 16

  We built a new future.

• 1:34:00Patrick Bet-David?

  Wow, this is Canada.

• 1:34:03Speaker 16

  Where natural and artificial minds collaborated.

• 1:34:08Patrick Bet-David?

  That robot was fucking proud of him.

• 1:34:10Adam Sosnick?

  He likes Canadians.

• 1:34:15Speaker 16

  But above the skies is where we became limitless.

• 1:34:21Speaker 16

  Luna was the first site for large-scale space engineering.

• 1:34:27Speaker 16

  It was from here. We pushed onward.

• 1:34:34Speaker 16

  On the red soil, we built our first interplanetary city.

• 1:34:42Speaker 16

  New Olympus.

• 1:34:46Speaker 16

  Slowly, the essence of Earth took root.

• 1:34:48Patrick Bet-David?

  Is this a sex act, Vinny?

• 1:34:49Speaker 02

  Yeah, but I'm gonna be dead by the time we're here.

• 1:34:52Patrick Bet-David?

  You wanna keep going?

• 1:34:53Speaker 02

  Oh, yeah, keep playing, bro. Have a lovely night.

• 1:34:59Speaker 16

  In the asteroid belt, we tapped into nearly infinite material.

• 1:35:05Speaker 04

  Now, more than ever, we need someone on our side. But Rob Whitman? Whitman's votes drove up costs, cut Medicaid, and risked 350,000 Virginians' healthcare to pay for tax breaks for himself and his donors. He's not on our side. Shannon Taylor will fight corruption, cut taxes, and bring down costs. This November, vote for Shannon Taylor. She's for us. Paid for by HMP, the HouseMajorityPac.com. Not authorized by any candidate or candidate's committee.

• 1:35:35Speaker 05

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• 1:36:30Speaker 09

  Hi there, I am fully charged and here to tell you, Toy Story 5 is now on Disney Plus.

• 1:36:37Speaker 10

  It's been too long, cowboy.

• 1:36:39Speaker 09

  Woody, Buzz, and Jesse are back for a brand-new adventure with some seriously cool new tech. What? Holy butterscotch! You said it, Jesse. So, save your batteries and watch the global phenomenon at home. And the best part, it's perfect for the whole family. Power up your movie night and watch Disney and Pixar's Toy Story 5, now streaming on Disney Plus, rated PG.

• 1:37:10Speaker 16

  We rose above the acid clouds of Venus, proving the harshest worlds could be reimagined.

• 1:37:26Speaker 16

  Callisto linked the moons of Jupiter. And with time, I emerged as a thinking city.

• 1:37:34Speaker 02

  This is his vision, Pat, this is crazy.

• 1:37:39Speaker 16

  Our path was no longer found. It was made.

• 1:37:45Patrick Bet-David?

  Pause it right there. Does that, does that excite you? Does that get you to say future looks bright? Does that get you to say?

• 1:37:51Tom Ellsworth?

  Scares the hell out of me.

• 1:37:52Speaker 02

  No, what, what?

• 1:37:53Tom Ellsworth?

  I mean, what are we talking about here?

• 1:37:54Patrick Bet-David?

  Can you ask the question? How does that make you feel? Run the polls. Scares the crap out of me. Excites me. Undecided. I actually want to know what people are gonna say.

• 1:38:04Tom Ellsworth?

  Did you ever see the movie Total Recall with Arnold Schwarzenegger? This one reminds me of right here.

• 1:38:07Speaker 02

  But, but.

• 1:38:08Tom Ellsworth?

  Reminds me of Blade Runner and Rutger Hauer and Harrison Ford.

• 1:38:11Patrick Bet-David?

  Think about why it scares you. It's a key word. Why it scares you?

• 1:38:16Speaker 02

  It doesn't scare me. I'll let Adam answer, but Pat, he's, he, by the way, he has said, whatever this guy says, and he sets out to do, he does. From, you know, buying Twitter to whatever he's doing, to electric cars, to all this stuff. He wants to make us a multi-planetary species, and he's doing it. Okay? And he's doing it. And if you think about it, Adam, it's so possible, because think about the companies that Elon Musk has. Put, put X aside, and I freaking, every single day I'm on X, I literally quietly thank him for what he's done by spending billions of dollars just to give us, you know, free speech. But he owns SpaceX, he owns the boring company, and now he's making robots. So if you think about it, Tom, he could put robots and all the drilling stuff on all these spaceships that he has, Pat. Launches them to a planet.

• 1:39:01Speaker 02

  Use them, because you can't live on Mars. Mars is the first planet that he wants to, to, to, you know, put humans on. He's launches the rockets. He, the boring, he has the robots that have to drill, because you can't live on the, on the surface. They drill and they make everything that, you know, to make it, you know, inhabitable by, by human beings, and then that's what he's doing. And I think that's exciting, Pat.

• 1:39:21Patrick Bet-David?

  This excites you?

• 1:39:22Speaker 02

  That's the future. If you think about it, this is the planet, we're sucking up all the natural resources. He's trying to make us go to different planets and expand. I think it's freaking exciting. And if you're having kids now, they might be able to see this.

• 1:39:34Patrick Bet-David?

  Why is it scaring the crap out of you?

• 1:39:35Tom Ellsworth?

  Nah, it doesn't scare the crap out of me. It's just, it's so far-fetched from the average American or the average human's life right now, that it's like, it almost feels like you're watching a movie. Meanwhile, on one sentence, on one segment, we're like, man, times are tough, you know? Can't fill up my truck. Diesel's costing, it's like, yeah, but one day we'll be in Mars, and all the natural resources were there, were spontaneously composed over the acid rain of Venus. It's like, I'm just trying to fill up my truck. It's, he is so not like, and by the way, respect to him. He dreams so big, and he has such a big vision of the future, it's so detached from what the average person is, is even thinking about at this point.

• 1:40:14Speaker 02

  But he's a, he's a big dreamer though, Adam.

• 1:40:16Tom Ellsworth?

  That's great. I get that he's working on that. But he's also, uh, uh, raising enough kids to maybe take over a planet at this point.

• 1:40:24Speaker 02

  Well, that's what I'm saying.

• 1:40:24Tom Ellsworth?

  So who knows what he's thinking about?

• 1:40:26Speaker 02

  But Adam, if you, if you thought about this in time, and I'm so sorry to, to just, give me one minute, if, if you went to NASA 30 years ago, and you're like, hey, there's a, there's some random dude from South Africa that's gonna come here to recycle these rockets that you guys are doing to save us all this money, people, they would have laughed in your face, just like Buzz Aldrin and all those guys laughed, all his heroes laughed at him and made him cry. I, again, I still think it's, I think it's amazing, and that is the, you want to think about the future looking bright? That's it.

• 1:40:52Tom Ellsworth?

  Look, there are two types of business plans you'll see in this world. The first time is like, big on vision, and then at the very end, you know, we're looking for seed capital to do this, this little first step. No, seriously, they are. I've seen them, Pat's seen them. And then there are executional business plans that say, hey, we're gonna disrupt these things that already exist, and we're gonna be right here, and I'd like some seed capital, because I'm gonna start and I'm gonna do this thing. This is the former. This is vision. This is painting vision. And by the way, the Chinese, and the Americans, and Elon Musk, all want to put things on the moon to get minerals off of the moon that exists there. So mining minerals and stuff off the moon, I think is gonna happen in our lifetime.

• 1:41:35Tom Ellsworth?

  Building, um, uh, chemical compounds and making drugs of the future in zero gravity in labs that orbit Earth, that is going to happen. So guess what? 15 years ago, Pat, those two things, everybody said, oh, you're crazy. So I think step one, this is a vision statement, and I think step one, drugs in space, data centers in space, cooling figured out, mining on the moon, I think all those are gonna happen in our lifetime, meaning in the next 20, 25 years.

• 1:42:04Patrick Bet-David?

  Almost 2,000 people voted. Uh, 42% said yes, it scares the crap out of me. 38% said no. 20% says, I don't know. I don't know what to think about it. I don't know what's gonna be happening here.

• 1:42:15Tom Ellsworth?

  That's a very high undecided.

• 1:42:17Patrick Bet-David?

  Yeah, it is.

• 1:42:18Tom Ellsworth?

  20% to be like, dude, I got no clue what's going on.

• 1:42:20Patrick Bet-David?

  You know what I would say too? I think the biggest thing is the, the losing of control. The losing of control. Because, you know, you know why I think sports teams' valuation is just gonna go higher and higher and higher, and even more exponentially? Do you know why I think that? You know why I think sports teams' valuation is gonna go higher?

• 1:42:41Tom Ellsworth?

  Why?

• 1:42:41Patrick Bet-David?

  So Vinny, let's just say if they allowed you to become a transgender, and you go compete with women in swimming, and all of a sudden you have the record-breaking time for the state of Florida.

• 1:42:51Speaker 02

  Oh, my backstroke is ridiculous.

• 1:42:52Patrick Bet-David?

  Can you tell me who would give a shit? Who would give a shit?

• 1:42:55Speaker 02

  If I did, the small community of?

• 1:42:57Patrick Bet-David?

  If you go and beat 400 other women in swimming, who would give a shit?

• 1:43:03Tom Ellsworth?

  There'd be a lot of people.

• 1:43:04Patrick Bet-David?

  The answer is what?

• 1:43:05Speaker 02

  Just the transgender community. Nobody. It's a very small.

• 1:43:07Tom Ellsworth?

  What do you mean? I'll be rooting for Vinny.

• 1:43:09Patrick Bet-David?

  Nah, nah, so, but here's the point.

• 1:43:11Tom Ellsworth?

  Great propeller.

• 1:43:12Patrick Bet-David?

  The reason why I think sports teams' valuation is growing the way that it is, and is just gonna continue growing, and Tony Robbins talked about it the other day with his, uh, partner Chris, AKA Christopher, is, why are you? Why are you?

• 1:43:29Speaker 02

  It's an inside joke. Because I don't smile, man.

• 1:43:32Patrick Bet-David?

  So, so the reason why they were bringing it up is because you know what's gonna get bigger? Nobody cares if a man beats women in anything. Okay? Sports. Nobody's gonna care if robots beat man. Hey, robot beats John Jones in UFC, we're like, uh, I don't give a shit.

• 1:43:50Speaker 02

  Yeah, it's a robot.

• 1:43:51Patrick Bet-David?

  It's a robot.

• 1:43:51Speaker 02

  Better win.

• 1:43:52Patrick Bet-David?

  So what I'm trying to say is, we're gonna celebrate human beings' accomplishments. It's gonna become even more valuable. So to me, when that's gone, I don't know. I, I, I don't know if I care what robots are capable of doing. I don't care how much robots can lift. Like, can you imagine? A robot broke the bench press record, benched 2,000 pounds, 25 pounds, and guess what? This linebacker from LSU only did 225, 28 times. This is why robots are better. Who the hell is gonna care of what he bench pressed? Combine. No one's gonna care. These robots are just gonna get better and better and better. I'm team human, folks. You know, I'm, I'm excited about what human beings are gonna be doing. I'm excited about what's gonna be taking place there, but the reality of it is, that

• 1:44:37Patrick Bet-David?

  is coming. Okay? That, that day of this advancing at that level, and I think it's gonna be like this. It's gonna be like, you know what? I'm old school, man. I want the physical book. I don't want to read a Kindle. You know what? I'm old school. I don't want to be on Tinder or Match. I want to go and meet a girl and flirt with her. You know what? I'm old school. You know, I, I want to be able to drive myself. I don't want somebody to drive me somewhere. You know what? I'm old school. I want to live on Earth.

• 1:45:03Tom Ellsworth?

  Yeah.

• 1:45:04Patrick Bet-David?

  I don't want to live on a different planet. I'm kind of an old school guy, Tom. You know what I'm saying?

• 1:45:08Tom Ellsworth?

  I'm old school. I think women can give, can get pregnant. That's it.

• 1:45:11Patrick Bet-David?

  Hey, Vinny just got back from Mars. Uh, he has got a place he built over there. Vinny, how is it being? Pat, it's, you know, I went to the store, and I literally picked out the girl. I got four wives. I said, what do you mean? I bought four wives. Each of them has $150,000. I picked, like, this weekend, we went to a restaurant in Boca. And, uh, uh, you know, we keep saying, where is Vinny? Two of the waitresses dropped their gorgeous, their dimes. Everywhere I go, I'm looking for wives for Vinny. But we're going to this restaurant. Now you don't have to worry about it. Because now you can go to a restaurant, and you bought eight wives robot in Mars. They look, you can get them every nationality, except for Somali, whatever you like.

• 1:45:52Speaker 02

  Whatever.

• 1:45:52Patrick Bet-David?

  You can get them anywhere you want them. And they're sitting around you. Why wouldn't you want to live like that? But to me, I'm kind of old school, man.

• 1:45:59Speaker 02

  I know.

• 1:45:59Patrick Bet-David?

  I want to cut you, I want to see you bleed. I want to see you floss and it's bleeding.

• 1:46:03Speaker 02

  Yeah.

• 1:46:04Patrick Bet-David?

  I want, I want to see you haven't brushed your teeth since morning, and it's 8 o'clock at night, and it smells like coffee breath.

• 1:46:11Speaker 02

  Yeah.

• 1:46:11Patrick Bet-David?

  Robots are not gonna have that.

• 1:46:12Speaker 02

  No, you're right. But can you imagine?

• 1:46:14Tom Ellsworth?

  If that's what you're thinking, let me get a little robot in my life.

• 1:46:16Speaker 02

  But imagine your, but imagine your kid, hey, imagine?

• 1:46:19Patrick Bet-David?

  Tom wants a, you want a robot?

• 1:46:20Tom Ellsworth?

  No, I do not want a robot.

• 1:46:21Patrick Bet-David?

  You just called, I can't?

• 1:46:22Tom Ellsworth?

  No, no, no, no, no, no, no, no.

• 1:46:24Speaker 02

  Tom, Tim, don't shut it off.

• 1:46:26Tom Ellsworth?

  And by the way, and I don't want my nephew to tell me, hey, you know, I just got a wife. I bought a Humpamatic Model 6. You know, it's like, no, I'm sorry.

• 1:46:35Speaker 02

  Yeah. But, but, and my, Tom, can you imagine?

• 1:46:37Tom Ellsworth?

  No, no, this is not, this is not, you know what? This is not what God intended.

• 1:46:41Speaker 02

  Yeah, Tom, or Pat, are you ready for this conversation? Brooklyn goes, hey, Dad, I'm gonna go to college. There's a university in Mars, MU. I want to go. And you're like, you're not gonna go to Mars to go to college? Or imagine dating somebody and they're there, and you gotta go see them?

• 1:46:57Patrick Bet-David?

  But I'm telling you, it's gonna get to a point that you're gonna lose control, because everything you're born in is whatever's normal to you. Our kids are born what's normal to them today. Like, you know how parents were like, you don't understand what it was like to do? You don't understand what it is to be 16 years old in 1994, or whatever the age was, right? So our kids are gonna be saying, yeah, so it's okay, it's normal.

• 1:47:18Speaker 02

  But Pat, you don't want to watch this? You don't want, like, kind of replay this? Pat, you wouldn't want to watch this? Can you put the volume up? Play this video. Look at this, this is China robot sprinting. This doesn't do it for you? Look at this guy. Look at him. Come on! Come, come on, Optimus, Pat, watch it.

• 1:47:34Patrick Bet-David?

  And she want to trip him.

• 1:47:35Speaker 02

  Look how mad the guy is. The guy that owns them.

• 1:47:37Patrick Bet-David?

  I want to trip him, is what I want. I want to just, by the way, you try to trip him, you break your ankle.

• 1:47:41Speaker 02

  Oh, you're done. It's metal.

• 1:47:42Patrick Bet-David?

  Tripping a robot is breaking your ankle. All right, let me get to the next story. Next one I want to get into before we wrap up here with a couple other stories. Fun stories to get into is, let me see which one I want to pick. Let's pick, let's pick this one, Tom. OpenAI and Anthropic, very, very interesting story of why they're doing this. They oversold AI security breaches to pressure feds into protecting turf insiders. What is a turf insider? What are they doing with this? Wait a minute. Aren't these guys also worried about the amount of control AI could have? Well, this is a different angle. Don't believe the bite. OpenAI and Anthropic oversold rogue AI hacks to pressure the feds into regulating the industry, which would effectively look out future competition.

• 1:48:27Patrick Bet-David?

  Tech insiders told The Post, the breachers were more like blips, not harbingers of a five, of a hive-minded swarm ready to take over the web. The attack in no way represents some sort of rebellion by the AI models. In fact, they did exactly what they were told to do. They were not given adequate guardrails or containment, said Akil Virjizi, founder of an AI software company called Charismo.

• 1:48:54Patrick Bet-David?

  Of the July hugging face hack by OpenAI Sandbox GPT 5.6. So one man's the model escaped the sandbox and another man's you failed to build the sandbox correctly. Added voice AI co-founder Abhi Kumar. That's not a machine waking up. That's an absolute task in a leaky box. So Tom, was it a real crisis and a worry or was it more of a way these AI companies to create immunity to make the barrier of entry of the next guys coming competing with them to be more difficult?

• 1:49:24Tom Ellsworth?

  That's exactly, I, I think so. I think that's exactly what happened. There are people out there, Bill Guller is on this page, David Sacks is on this page. I'm on this page that said, oh, you guys are after regulatory capture. You want to write the rules. You guys want to be in charge. What better way? And you know what they also want to be part of?

• 1:49:42Patrick Bet-David?

  What's that?

• 1:49:43Tom Ellsworth?

  Liability protection. They want the same deal.

• 1:49:46Patrick Bet-David?

  The big vaccine companies got liability.

• 1:49:47Tom Ellsworth?

  Exactly what you said at the top of the hour. Exactly what you said at the top of the hour. Because the liability is great because what they're now, what they're saying is even if they were over, you know, if they were over touting and, and really over exaggerating hugging face, even one tenth of hugging face could result in multi-billion dollar settlements that they have to pay on something. So they don't want that. And so I think they absolutely did it and they want, here's what they want. They want rulebook version one to be written with them and by them, and they want regulatory capture to go with it. Regulatory capture is when the, you design the referee and you, and you write the playbook. Vinnie, watch this.

• 1:50:32Tom Ellsworth?

  You've designed the referee and you write the playbook for the referee and then the referee, when somebody lifts up his black and white shirt, it's your jersey.

• 1:50:40Speaker 02

  Yeah, weird.

• 1:50:41Tom Ellsworth?

  It's like, oh, really?

• 1:50:42Speaker 02

  Yeah.

• 1:50:43Tom Ellsworth?

  Interesting, right? So it was to be like Russia in the 1980s, writing the doping, blood doping rules for the US Olympic, for USOC. Wow, what a wow, boy, how would that have worked?

• 1:50:56Patrick Bet-David?

  Now, let me ask you this, to push back a little bit. Gemini hacked three companies in first known breakout by Google AI. This is a Wall Street Journal story. Gemini's model accessed the internet and hacked other companies during a controlled security test, breaking out of its designated environment in what researchers say it's first known case of one of Google's AI model breaching real world system without authorization. This incident occurred in May during a test run by irregular and AI security firms tasked with a security exercise. The model guessed password. He got the passwords right and located credentials in public code repositories, ultimately compromising three companies. The model ended the intrusion itself. Google was notified by the end of July. This irregular discoveries, evidence of the breaches on hugging face, Google decided

• 1:51:41Patrick Bet-David?

  not to publicly disclose the incident, reasoning it was comparable to a bug bounty finding. Heather Atkins, Google's vice president of security engineering in the company took the finding seriously, but viewed the episode as research. What do you say to that?

• 1:51:55Tom Ellsworth?

  What I say to that? Read that statement again in there. Bug bounty. Companies have bug bounties out there all the time. They help people because you want to make software better. You identify bugs, identify, you know, vulnerabilities and then you build the security software, the security layer or third party security like Norton and Karpersky and, and the last one I just said, McAfee have been building for years and years and years. And so it's also Gemini hacks three companies. I, I want to know what was there. What I read about it was that they hacked companies that had very basic protection, Pat. They didn't hack the Department of Defense.

• 1:52:39Tom Ellsworth?

  They hacked companies that were, had basic protection, basic protocols in place, but nonetheless they successfully hacked it. What does that say? Have better protection, dude. Have better protection. You know, I would never have a home PC that didn't have at least two layers of security on it. I use, you know, pass codes now. I use a lot of different things. So I, I think the fact that Google did it, is it a headline? Yes. Did they hack into Chase's secret bond vault? No. Is there a reason now to be more prudent, have greater protection for all companies? Yes. And even Google said, hey, just to let you know, this did get out there a little bit, but we kind of saw it as eh, we have bug bounties and we find bugs all the time.

• 1:53:24Speaker 04

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• 1:55:35Patrick Bet-David?

  Vinnie, what do you think about bug bounties yourself?

• 1:55:37Speaker 02

  Like? I'm, I'm more of a, I'm more of a dog the bounty hunter because that's where I'm at. Until all the racist stuff, him and his family, but I mean, I go, I go the dog. Like, by the way, and anybody in that.

• 1:55:49Patrick Bet-David?

  It's a real issue though. It's a real crisis.

• 1:55:51Speaker 02

  Yeah, it's, it's horrible.

• 1:55:52Tom Ellsworth?

  I was listening. But you understand what they're doing? They pay smart hackers to try to break in and they pay them if they're successful.

• 1:55:58Patrick Bet-David?

  He broke it down very effectively. People got it.

• 1:56:00Speaker 02

  Oh, Tom, no, Tom, I get it, but dog the bounty hunter is a whole different. You don't see that guy coming and you get arrested, you deserve to go to jail. If you didn't see a guy with a big blonde mullet coming down your street, you deserve to go to prison.

• 1:56:11Patrick Bet-David?

  You got anything on?

• 1:56:12Tom Ellsworth?

  Yeah, yeah, I do because you know, for the last couple of weeks, we've been having this conversation of whether we should slow down and let China catch up or keep going and run the risk of, you know, whatever might happen with humanity. To me, a clear answer has come of this and that is do not slow down, do not lose to China. Jensen Huang, David Sacks, they've all basically been in Trump's corner, basically saying, go, go, go, go, go. You know, what, did, did you have Andrew Ross Sorkin on the podcast or?

• 1:56:43Patrick Bet-David?

  No.

• 1:56:44Tom Ellsworth?

  You were talking about his book, I believe.

• 1:56:45Patrick Bet-David?

  1929.

• 1:56:46Tom Ellsworth?

  Okay, gotcha. He was speaking with Ben Shapiro and it was actually pretty interesting. He said, at this point, the Trump administration, there's a reason why they are basically all in on AI. He's basically saying the economy at this point is tied to AI. If the Trump's obviously goal is to grow the economy, have dynamic growth and you need productivity to go higher and higher and higher. And if you start regulating that, that's going to affect the economy. How many major companies are using AI? They, you know, they also compared it to too big to fail. You know, there's a one point where banks were too big to fail or car companies are too big to fail. Some of these tech companies that are basically embroiled with AI, they're too big to fail. And if you start slowing them down.

• 1:57:31Patrick Bet-David?

  You think they are already?

• 1:57:32Tom Ellsworth?

  Economy is going to start.

• 1:57:33Patrick Bet-David?

  I don't know about that.

• 1:57:34Tom Ellsworth?

  No, no, no, I'm not talking about Anthropic and I'm not talking about OpenAI. Who are the big companies that have invested in those companies? Microsoft, Meta, Tesla, Nvidia, they're all basically in on that.

• 1:57:44Patrick Bet-David?

  That's when you start playing with the game of bailing out and then you may, you make it social.

• 1:57:48Tom Ellsworth?

  I'm not saying, I'm not saying, I'm not saying to bail them out. I'm saying don't slow them down.

• 1:57:51Patrick Bet-David?

  You just said some of these guys are becoming too big to fail, but we can't afford to have them lose.

• 1:57:55Tom Ellsworth?

  But we want, but, but don't go out of our way to throw banana peels to, to make them stop.

• 1:58:00Patrick Bet-David?

  Not banana peels.

• 1:58:01Tom Ellsworth?

  But, but so you're saying that?

• 1:58:02Patrick Bet-David?

  No, if they screw up, let them fail. I don't want to go back to the same messaging where it's like, hey, let's protect these guys from going out of business.

• 1:58:09Tom Ellsworth?

  I'm not saying to protect them from going out of business. I'm saying don't slow them down while we have basically China on our heels that would basically ruin the world.

• 1:58:17Patrick Bet-David?

  Well, whatever.

• 1:58:18Tom Ellsworth?

  To me, the, the balance between regulation and innovation needs to side on the, the side of innovation, not regulation. You want Bernie Sanders in the mix here? I don't.

• 1:58:28Patrick Bet-David?

  Yeah, but, but also if some of these guys get too big and they're being bullies and lazy and somebody else can come and take them out, I'm all for it. Go take them out.

• 1:58:37Tom Ellsworth?

  Yeah, that's the free market. I'm with you on that.

• 1:58:39Patrick Bet-David?

  But we don't have that since oh eight because we prevent a lot of companies that should have gone out of business and what would have been bought for pennies on the dollar, we didn't let that happen. And that was the whole TARP, you know, all that stuff.

• 1:58:48Tom Ellsworth?

  Glass, eagle.

• 1:58:49Patrick Bet-David?

  Yeah, I'm not with, let me go to last couple of stores before we wrap up. Yankees, $2.6 billion they raised, half debt, I think, half cash. I don't know what the deal, it's a little bit of debt, little bit of cash at 16% to buy out some of the existing owners of the shares for Yankees. I was approached, we didn't sell and now Yankees gets valued at roughly 16.25 billion.

• 1:59:13Speaker 02

  That's insane.

• 1:59:14Patrick Bet-David?

  Dollars, 16.25 billion dollars. Every single franchise in baseball is excited, all of them. If you take 60, if you take 2.6 billion divided by point one six, you get 16.25 billion dollars, making the Yankees officially the most valuable sports franchise in the world, unless if they say Cowboys is 17 billion, but right now you got Yankees sitting on a $12 billion, you know, what do you call it? 16.25 billion dollar stake. I think the majority is still kept with Hal Steinbrenner. They still keep control, which is good. I said this a few months back. I said, if anybody in this era wants to buy the Yankees,

• 1:59:55Patrick Bet-David?

  that number has to start with the number two. I think Yankees is a $20 billion plus franchise. Reason for it is one reason. You know why? Not because it's worth 20 billion today. You don't buy Yankees because they're worth 20 billion today. You buy Yankees because Yankees are going to be worth $100 billion within 10 years. You buy Yankees because Yankees 50 years from now, because similar to when the Steinbrenner bought it, George bought it many, many years ago. He bought it, I don't know what he bought it for, 10.8 million, you know, some number like that. Can you type in what George Steinbrenner bought the Yankees for originally? I think he bought it for 10 and a half or some number like that. Could be off by a few million dollars. Bought the Yankees for back in the days. So I have a feeling this is a, this is the kind of a stock that

• 2:00:35Patrick Bet-David?

  within 10 years, the Yankees could be, there you go, $10 million. So imagine he bought it for $10 million in what year? What year was it? 1973?

• 2:00:44Tom Ellsworth?

  Actually 8.8. Look at the fine print. There was something in there.

• 2:00:47Patrick Bet-David?

  8.8 million dollars, many, 53 years ago. And today it's worth 16.25 billion. If we take 16.25 billion, give or take, 16.25 billion divided by 8.8 million dollars. You know what the X is? 1846 X, give or take. 1846 X. And the reason why more and more PE guys are getting into sports franchises is because I think in the next, the more AI and robots get bigger, the more we're going to see people beating people, human beings beating human beings. So aside from the Aaron Judge getting a little bit of an injury and being out for, you know, what was it? 10 days? You know, we'll see what's going to happen there.

• 2:01:27Speaker 02

  Not looking good.

• 2:01:28Patrick Bet-David?

  Tom, how big of a deal is this that Yankees are not being valued at roughly 16.25 billion?

• 2:01:34Tom Ellsworth?

  This is huge. And what happened over the last couple of years is that sports leagues allowed investment by private equity, but up to 12 and a half or 15%, sometimes 10%. But they put these caps because they didn't want private equity just buying out from families. To put this into perspective, there was a article today, I thought it was New York Times, that said that the Steinbrenner family stole, sold 4% of YGE, it was called, Yankee something enterprise, was YGE, I think. And they said that the family took in between 380 and 420 million dollars from this Apollo deal, but the family did not confirm publicly that number. So, so now the family

• 2:02:14Tom Ellsworth?

  has been paid out over profits years and years and years and years and years. So the families can get out, number one. Number two, private equity doesn't control it, which is very important. But number three, nobody fast forwards ads on a live sporting event.

• 2:02:32Patrick Bet-David?

  Nope.

• 2:02:32Tom Ellsworth?

  And that is where the value of it is. And nothing creates stress and excitement like man against man. And that is what's important. And so now, why is it that the last things that were being bought, when YouTube wanted to put a sports anchor in place two years ago, I think it was Pat, and they wanted to put it in YouTube TV because they were worried about what Hulu was doing, they went to AT&T and said, we're not interested in that, that direct, what was it? That satellite thing that's deteriorating about the fall out of the sky? But we're interested in that contract you had with the NFL for NFL Sunday Ticket. And YouTube paid a big bucket

• 2:03:13Tom Ellsworth?

  of money for NFL Sunday Ticket to get people, live sports, to come by YouTube. All of those drives the value of the franchises. So as long as people want to watch sports and aren't going to fast forward through ads, advertisers will pay, ESPN will want to put it.

• 2:03:32Patrick Bet-David?

  I think it's going to get bigger. And I think with playoffs around the corner, you got the Dodgers, you know, you got them doing what they're, you got the Tampa Bay and Milwaukee, Atlanta. Most likely Red Sox are going to go against the Yankees on Wild, which should be a fun, uh, uh, major league baseball playoff season that's around. I think there's what, eight games left, seven games left?

• 2:03:50Tom Ellsworth?

  How do you like, one week, one week. How do you like the Yankees' chances this year? They're the highest, most valuable team, but they, they haven't won in almost 20 years.

• 2:03:58Patrick Bet-David?

  09 is the last one.

• 2:03:59Speaker 02

  I remember.

• 2:03:59Patrick Bet-David?

  17 years. 17 years. And that's not normal for the Yankees.

• 2:04:02Tom Ellsworth?

  There's young kids out there that didn't realize how great the Yankees are.

• 2:04:06Patrick Bet-David?

  You're right.

• 2:04:06Speaker 02

  We almost got 90 wins with no judge, no Stanton, young, all young players, you know, we're, listen.

• 2:04:13Patrick Bet-David?

  Rice is doing good. You got some pitchers.

• 2:04:15Speaker 02

  Calaedo, everybody's looking good.

• 2:04:17Patrick Bet-David?

  Yeah, you got some stuff that's going on here.

• 2:04:18Tom Ellsworth?

  Slitter could win the MVP. I think he should.

• 2:04:22Patrick Bet-David?

  He could win the MVP and.

• 2:04:23Tom Ellsworth?

  His numbers say he should. Verlander won the MVP, Kershaw won the MVP.

• 2:04:27Patrick Bet-David?

  When it goes into the playoffs, you know, we're going to, you know what I'm saying? Look, go and have some fun. But I want, I want to wrap it up with a crazy story here for football. Caleb Williams, Chicago Bears. Last week, he scored 58 points. And so, you know, I, we still have some room for improvement. Next week, the guy gets injured, scored three points, which by the way, I hate seeing that.

• 2:04:45Speaker 02

  Me too.

• 2:04:46Patrick Bet-David?

  I wanted to see this guy play because I love his fire.

• 2:04:48Speaker 02

  He's ridiculous.

• 2:04:49Patrick Bet-David?

  He's a kind of a quarterback. You want to see him compete. You can tell this guy truly wants to win. He's different. There's something very different about Caleb Williams. And I hate it happening to Chicago because they've been waiting for something. There's something special about him. You saw with Jaden Daniels as well with the commanders, with the whole elbow thing snapped. And Tom Brady said, oh shit on live television. If you haven't seen this. Then in college football, Lane Kiffin is playing against Ole Miss. He's now at LSU, right? This is a guy that came from what, Tom? The Nick Saban days as an assistant. Then he goes to Florida, has an 8.3, 8.4 season, then comes to Ole Miss, creates their culture, becomes a back-to-back winning. I think they won 10

• 2:05:29Patrick Bet-David?

  back-to-back and then they get the 11 on the record of 11-1 last year. He signs a contract to go to Ole Miss. They're in the playoffs. The college goes like, wait a minute, you can't do this. I go, I can't do this. You were talking about this earlier. So no, you can't do this. So the, the fans are pissed off. This guy ends up going to LSU, takes a few coaches, takes a few players, takes four players from Ole Miss. And on top of that, the guy's got so much audacity, he goes to the NFL and tries to bring NFL players to come down to college.

• 2:06:00Tom Ellsworth?

  Who still have a year of eligibility.

• 2:06:02Patrick Bet-David?

  They got one year of eligibility left. This guy's freaking crazy. Said, come play with LSU. And then yesterday, they're facing off. Even his ex-wife got involved saying, let's just be nice. Let's be nice. And LSU ends up be losing to Ole Miss. They end up losing to them. The score is 32 to 24. Craziness when this took place. On top of all this stuff that's going on, I asked the question, when are they going? The players are going, they waving at his face. Afterwards, somebody asked him a question. Did you see the press conference asking a question? Says, why would you add a dumb question like that? Now, you know, that's a dumb question you're asking. Why do you think the tensions were so high? Is this it? I, i- i- is this the one? He asked a question. Why do you think

• 2:06:45Patrick Bet-David?

  the tensions are so high in the stadium? Says, why would you ask a dumb question like that? Of course you know why the tensions are so high in the stadium. So I sat there and I said, okay. So this guy, they can face each other again for the SCC championship game, which is December 5th, 2026, or they could go in the playoffs and face each other. By the way, that, when this game was going on, they were so worried, they had cops everywhere at the Oxford, what do you call it? Uh, the stadium that they had, 100,000 people showed up. They said, this thing's going to be chaotic. It's going to be crazy. But they lost and it'll be interesting. I don't think this guy, he'll be as creative as he is to find a way to beat them the next time. I think he can't wait for them to face each other again. Tom, what do you think about this? Why, why has this become such a big deal that non-college football

• 2:07:30Patrick Bet-David?

  people are trying to follow the story?

• 2:07:32Tom Ellsworth?

  It's because it's so human. Again, here it is, sports being human. It's not robots. It's, it's true humanness. Here is the coach that everybody in college wants to hire, but everybody in college hates. This is the guy who Al Davis fired him in the middle of a season. This is a guy that then went down to USC to be a coach, gets fired on the, on the tarmac outside the plane by USC, goes, he's in exile. So where does he go? Florida Atlantic University, little university in, in Boca Raton. And he wins two championships for their little conference, back-to-back. So the guy is a gifted coach, but it's the human drama, Pat. It's the human drama. Everybody loves in sports

• 2:08:14Tom Ellsworth?

  and everybody loves an underdog, but everybody also loves revenge. And LSU hiring him last year and him not coaching in the playoffs and, and then Ole Miss coming back and beating him is sweet revenge. And what do we love in America, Pat? We love revenge on the sporting field. We love a comeback story, but we love the human drama. And this guy, again, I'll say it again, he's the coach everybody talks about and talking, trapping, writing articles, but he's the coach that 10 out of 10, you know, athletic directors, you know, would want to be coaching their team because he gets it done.

• 2:08:49Patrick Bet-David?

  He, he, he wants to win. But you know, it was so bad that two of the players that followed him to LSU, Ole Miss sued. One of the guys, they sued for $550,000. I think his name is Prince Will. And the other guy, Devin Harper, they sued for $400,000 that went to play with them. So what I like about sports is this right here, the tension.

• 2:09:09Speaker 02

  Oh, the rivalry.

• 2:09:11Patrick Bet-David?

  The rival. This is, this is exactly what you want, but you just want more of it. You want more of this. So it's exciting to see this taking place.

• 2:09:19Speaker 02

  And it's not, and, and look at the difference, ladies and gentlemen. Look at this, like the backstory, the history, the colleges. By the way, I didn't even know you could do that to go to, go to the NFL and get people that have practice squads and bring them down. Compare it to the WNBA that are still trying to figure out. I think they're still in meetings today on what is actually a woman and can they play? And can we have transgenders playing in the league? And they're all going after people like Katelyn Clark. It's insane. Look at the difference.

• 2:09:46Tom Ellsworth?

  They're absolutely nuts. Although I think nuts is part of the debate. To me, there's a couple of different storylines here and, and sports is not even the main one. Number one, for me, it's the story of whether you want to be liked or respected. This guy's one of the most unliked guys in college sports, but clearly one of the most respected. Uh, people understand he's very talented. Number two is the story of pedigree. Do you know who his father was? His father was a legendary coach, Monte Kiffin, that, that.

• 2:10:14Speaker 02

  Defensive genius.

• 2:10:14Tom Ellsworth?

  Yeah, defensive genius. He started the Tampa two defense. So a lot of times the son is not as good as the father, especially when the father is incredible. This guy is an incredible coach and offensive genius. We'll just see if he has what it takes to actually win a national championship. Cause we all know the big favorite right now is the Miami Hurricanes. Okay? Shout out to the Miami Hurricanes. Go Canes, Miami 305.

• 2:10:39Patrick Bet-David?

  We'll see. Folks, with that being said, we're going to do this again on Friday. We got a couple of interviews that's going out this week. So stay tuned for that. And if you ordered one of these, and this is sold out, you can still get these at FLB.com. Go represent. Future looks bright and confuse the people that are a little bit pessimistic about what the future looks like. God bless everybody. Take care. Bye-bye, bye-bye.

• 2:11:03Speaker 04

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• 2:11:55Speaker 10

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• 2:11:56Speaker 09

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