The Basement Yard
Original podcast
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15,060 words · 4 speakers
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Welcome back to the basement yard. There he is.
There you are.
Here I am.
Where'd you go?
I don't know how to... What's that song? Where'd you go? I missed you so. Feels like it's been forever since you've been gone. Is that Fort Minor?
Fort... You haven't heard that in a while.
Let me explain something.
Fort Minor?
Every now and then, a phrase, or word, or sentence comes along that you can, with confidence, say you haven't heard or said in a decade, at least.
Fort Minor is that.
Fort Minor.
Which, honestly, not a great band name, but it's a great name for, like, a house that has a bunch of pedophiles in it.
I mean...
What are you... How do I even... What are you... Where do you even go from there?
Isn't it?
We're a minute in, and that's where you're starting with.
Welcome to Fort Minor. You know what I'm saying? Like, it's like, yeah, put 'em all in there. Put 'em in the... In Fort Minor.
I just...
Off the coast of somewhere.
Well, like, Fort Minor, is it a better name than Linkin Park? Because that was the thing, right? It was like, the lead singer of Linkin Park left and made Fort Minor.
Is it?
I believe that was the story. I... I believe he passed away.
I like Linkin Park. Oh, Chester Bennington?
Yeah. I'm pretty sure that's who...
He was in...
I think Fort Minor... Can you just cross-reference this for me? I think Cross Mine... What? Fort Minor was the lead singer of Linkin Park, and he was just like, "I'm going to do something else." And it's just the... It's Linkin Park, but just a new name.
Huh.
Were there any, like, big Fort Minor songs? 10% luck, 20% skill, 15% contrapartied power.
Will.
What is a concentrated power of will? What is that?
I think it's just like, it's so, it's like concentrated like.
Is that just like ambition?
Like sour, well, no, because he says ambition elsewhere. What is it? What is it again?
10% luck.
20% skill.
15% concentrated power of will. Which is like, we were going by 10s and now we're at 15.
So 10, 20, 15, so that's only 45%.
Yeah, 10% like 20%.
So what's the other 55%?
5% pleasure.
50% plain.
Pain.
And another percent reason to remember your name?
And 100% reason. And another percent.
I can't talk today.
And a one more percent reason to remember my name.
Reason, remember my name. I can't talk today, so, alright, let's break this down.
It's mostly pain that he's going through.
Uh.
It's only 5% pleasure, so he only gets a little bit of pleasure out of it.
50% pain.
Yeah.
That's, yeah, that's all, I mean, there's more, there's more ambition.
There's more ambition than pleasure.
Write this down, let's, alright, so, so one more time.
Like, there's only four things.
I mean, I'm trying to remember. 10% luck.
Skill. 15% concentrated power of will. Bro, you know how intense? Because like.
It's like in a vial.
Willpower is a very intense thing.
Concentrated? That's like, you have to dilute it with water in order to make this person like a livable, functional human being.
No, concentrated is the opposite of that, it's not diluted.
I'm saying, but in order to make it so it's not dangerous, you need to dilute it.
Well, that's why it's only 15%.
Because like concentrate, but well, concentrated power of will, that's, that's like saying, it's still power of will.
But concentrated to a degree that it's only 15% of the concoction.
Yeah, you, that's diluted.
Maybe, yeah, so maybe the remainder of the percentages will, you know, dilute it to a place of making it safe.
Listen, 50% pain, that feels like we're doing something wrong.
What is, alright, so 10% luck.
How can you not?
15% skill. 20% skill, 15% concentrated power of will.
5%.
50% pain and 100% reason to remember the name.
Correct.
That?
That's the full concoction that we're going with.
Does that add up to 100?
Are we sure about that?
You added it up, Ant?
I added it. You have a pen out?
Always ready.
Okay.
So you've added it up and it is 100.
It's 100, exactly.
Do we know anyone that, that fits that? I mean 50% pain. We hope that you seek the appropriate resources to feel better about that.
Yeah, 50%.
You? You think that's you?
Sure, I'll take it.
You're 50% pain, brother?
You only pleasure 5%? Oh, see, that's where it catches me.
And I don't even know if 15% power, concentrated power of will.
What percentage do you think you're made up?
Of all of those things.
What percent luck? Let's start with that.
Luck, I would say less. I would say I'm 5% luck.
Okay, got it.
What percent skill?
In terms of what? Just general life?
Can't, we're just, we're just asking the question, you have to give a number.
Uh, I would say 30% skill.
15% concentrated power of will.
So the same as, as Fort Minor?
I would say I'm way more pleasure than pain, though.
Okay, so...
So if he says 5% pleasure, 50% pain, I'll flip that. But no, that's 5%.
We haven't added up. You don't, you haven't, don't have it added up.
Alright, so where am I at so far?
Well, how about you just toss them out? We'll, we'll, we'll figure out what the...
He said 5% luck.
30% skill, 15% concentrated power of will.
So I've remained consistent with my power of will contribution.
Right. So now we're at pleasure. Just toss.
He said, I think he said flip them. 50% pleasure and 5% pain.
I would say, no, my back has been hurting really bad lately. So I think I'll go 40% pleasure.
Remainer percent pain. Cause it's, it's all back pain, if I'm being honest.
And how much of that to remember the name?
I would say a good 80% of that to remember the name.
Wow, okay.
Because I don't want to be remembered for the pain.
And can we get a tally on, uh, where he's at again?
He's, he's cheating with the, and the remainder.
Right.
Cause like now he's making me fill in the gaps, feels like cheating. We're 5% luck, 30% skill, 15% concentrated power of will.
Power of will, so that's 50 right there.
40% pleasure and 10% pain.
Yes, I think that's, that's 100%.
That is 100%, yes.
That's 100%.
And it's, that's an 80% reason to remember the name.
Yeah, because I would like to also...
What's the other 20?
The internet, like the, you know, the, the Basement Yard is a show.
I would think that who I am as an individual, though, that's, that's more of a reason to remember the name than the Basement Yard. What about you?
Okay. I knew that was coming. Um, I would say... I would say 20% luck. What's the next one? Skill.
Skill? Oh yeah, now you can't remember it and it's okay. I can't remember it and it's fucking big time trouble time.
You asked four times in a row, like, "Hold on, let's write it down." Okay, skill, I'll say...
35. Ooh, okay. Power of will, I'll say...
You're pretty determined.
30. 30% power, concentrated power of will.
That's a lot. That's a lot of power of will, dude.
Is it too much?
I would say.
It depends what you do for the rest of the ones. Uh, yeah, uh, pleasure and pain is left. Yep, yep. And I don't know how much I have left here, folks.
What'd you say for the luck?
20.
So you said 20, 30, and 35, so that's...
We don't have anything left, folks.
That's 85, uh, 75.
We're just gonna split the last two, pleasure and pain.
So 12%, 12.5% pleasure and pain?
And 100% reason to remember the name.
So you're at 12 point, you have an equal amount of pleasure and pain in your life?
I had to.
For the sake of Fort Minor.
Right, yeah.
You know?
I mean, I mean, sure.
I'm pretty sure that's 110% to remember the name. How you doing?
Oh, we messed, we messed up the numbers, huh?
Frankie's math was, was wrong, but I just let it rock. It's fine.
Let it rock! Kevin Rudolph. We're back in, we're back in those days.
Yep, we are.
Let it rock! Let it rock! Hit it rock!
I hated the way that guy wore hats.
I don't remember the way he wore hats.
Oh, that was a big thing at the time.
Didn't love it.
Where it was like, there were baseball pitchers that did too, and people were like, "They're my favorite pitcher because of how they wear hats." Like Dontrell Willis and Michael Pineda.
What about C.C. Sebastian?
C.C. Sebastian.
Hall of Famer.
Oh, yeah.
But like, I remember when I, this is a true story. When I was first introduced to fittings, which was 7th grade. I was told to wear them in a specific way. And it was...
By, by what entity?
My sister. And she said, "Over one eye to the side, like Jay-Z."
Yeah, I'm glad you grew out of that. Cause I know that you did used to wear your hats like that.
No, I really didn't wear them like this. I was mo- I, no, no, no, I really didn't. I wore them backwards a lot. You know, I wore them backwards sometimes. Sometimes I did, you know, just like resting on the head like that.
Just put it on your head, yeah.
You know, but like going out and being like...
Looks good.
What's up mommy? I didn't ever said that.
I know.
I don't know why I did that now.
It was never a thing in the day.
What's up mommy?
Yeah, I don't remember that happening at all, but anyway, um, amazing. I'm glad we figured out what we are.
Did we ever clarify if Chester Beddingfield was the Beddingfield or Bennington?
No, Natasha Beddingfield, I think is what you're thinking of.
Great, also a great singer. Was Chester the, the, the lead singer of Fort Minor?
That's what you asked? But yes, whoever you said was yes.
I think that's what-
Mike Shonda?
That, that's the actual like frontman for-
Oh, I see.
Lincoln Park?
I see.
Chester Bennington like-
He was just vocals?
He was ba- he's like the screamer guy.
I, I know, I, I know.
But he wasn't like the main guy, the main guy who like, you know, would, would-
Was like the face of Lincoln Park?
They both kind of were.
I'll be honest, I couldn't even tell you what any of them looked like. That's not true. That's not true. I, I remember Chester because he was in a Saw movie.
Yes, they were.
Wow.
Chester was in a Saw movie where like, he was like stuck to a seat of a car and it like ripped something out.
His butt off?
No, it like ripped his arms or his mouth off or something like that, his back. It like ripped him out of the car and his back was glued to the seat.
Dude, I would do so bad in a torture chamber, you know?
You'd just be like, just let me go.
Or they, I, well, actually I guess I would do good because I would scream a lot, which is what I assume they want.
Oh my god. Yeah, I mean, this got dark very quick.
Well, I'm just saying.
I, well, what they want is they, you're either in a torture chamber for a couple of reasons. Sexual gratification or to get information from you.
Yeah, they're getting the information from me.
Oh, you're, you're snitching immediately? Like immediately?
It really would depend what it is. Like if it's like a government secret, it's out. Don't tell me anything. Like literally, don't, don't give me information about the country. It will be gone if I'm tortured.
Yeah, I don't know what information I currently have that would be willing to like- Torture me over.
Family and very close loved ones. Everyone else. I'm out, I'm out, I'm getting out.
Oh, I was referencing in terms of like the country, yeah, like what are they gonna ask me about the country that's like?
That's why I'm saying, don't tell me anything dude, don't tell me where things are.
You think that the people are just gonna tell you?
What the code is for Fort Knox.
Oh, you know what, yeah, hey, just in case you were ever wondering, government officials.
Don't tell Joe the cord.
The code for Fort Knox.
I can't, I can't talk today.
I can't, I just can't talk today.
It's okay.
Um. Yeah, I, I don't think I'd do well in a torture situation.
Would you like spit at him and be like, fuck you?
I mean, for certain things, like I said, if it was about like, family, then yeah, but like if it was just like, tell us where you, you know, what the code to your safe, I'd be like, here.
I'll tell you for, I'll start giving them pieces of information.
You know, that like-
It's like, can I leave a tip?
I'll just start like, maybe at that point, making up things that sound cool, that I know that they can't cross-reference until they either kill me or let me go. You know, I'll just be like, by the way, I know Beyonce's address. You know, but it's in Iowa, so you're gonna have to go there. Meantime, do you mind just let me go?
This is quite the strategy.
I mean, it might not work.
I don't know how well that's gonna work, but-
I mean, you're, you're in a life or death situation, you gotta kinda throw stuff against the wall so it sticks.
Yeah, I'm not, I'm not really, I'm not good, I won't hold the secrets for the government. Also, speaking of the government now, apparently you can, you can Venmo the, the government to help pay down the national debt? In what planet am I gonna help you get out of debt? Trillions of dollars, you think I'm sending you even a buck?
I mean, in theory, Joey, we are also part, we are part of the debt too, so kind of it's, it is kind of our debt, you know?
So I should debt more on top of my debt?
Yeah, now, now you need to pay your billions into the national debt to just help it.
Get the fuck outta here.
There is nothing, there is no reality. No, no, no reality. One, where we're getting out of national debt. It's like in the trillions now. It's, it's like bad. You ever see the counter in, in, uh, uh, what is it, what square is that in New York? There's a national debt counter, and it's just going up all the time. Do you know what I'm talking about?
I do, I don't know where it is.
Lincoln Square?
I don't know.
Is that a place?
Well, nonetheless, there's nothing that you could do to get that to, like, even put a dent in that. Even put a dent, even Elon Musk with his newly awarded, reported net worth of 405 billion dollars.
He can't, I mean, he can make a dent, but...
He can make a dent, but not a sizable dent.
No.
If it's in the trillions, what's the size of the national debt right now?
Yeah, let's look up the national debt.
And what do they think is gonna happen?
Yeah, how much money, I mean, I'm sure there are people like, "Let's help our country, let's do the right thing."
Good for them.
I think they should be dragged.
By horse?
Okay, alright, or by drag queen.
Rope, yeah, drag queens.
That should be, that should be a new form of punishment.
Cause the drag queens will fucking flame the shit out of you.
They'll roast your ass.
We're in debt a measly 36.7 trillion dollars. Lower than I thought, but a lot.
Lower than you thought, brother?
I thought it was like 300 trillion. Not that that's like, I mean...
That is what he said.
Let's get, no, he said 36. Oh, I thought you said 300, 356. Let's get this out of the way, trillion is a fucking looney tune number.
It's a million billions, right?
It's a looney tune number, bro.
It's a million billions.
It's not possible.
So, think about this, right now, Elon Musk has only 405 billion.
What are we doing?
What are we doing, guys?
And I'm gonna Venmo the government?
Is it a million billions, or is it a billion billions?
I don't even know how numbers work.
Wouldn't even matter, though, doesn't even matter, it's a joke, it could be 400 bucks, I'm still not sending it. Like, we could have a national debt of 400 bucks, also, what happens when we're out of debt? I don't even know the answer to that.
I don't even...
We're just spending the money anyway, it's always going up, what's the difference?
I don't even thi- forget about spending, if we were to just stop spending today, whomever we are in debt to, which is a great question also, who are you in debt to? I think China's up there, I think people are in debt to China.
Pretty sure.
But like, whatever the interest rate is... It's going up.
It's a joke.
Even if we stop, I can guarantee they're probably not even giving away money right now for national debt, but it's just going up because of the 4% interest rate. What's 4% of $35 trillion?
Fucking cares. It doesn't matter. It's made up. Bro, think about this. Like, in this day and age, money isn't even real. Like, it's just numbers on a screen.
Well, I think money is pretty real. Oh, so can I have some?
That's not what I mean. What I mean is like-
You saw how quick it got real there, right, Ann?
Can I have some? What are you talking about? In your Brando house? Fuck you. Like, but like, it's like numbers on a screen where it's not like, here's coins, or here's the gold, here's the whatever. Like, it's just, and it's trillions of dollars. We're in debt. Like, it's made up numbers, and now these people who are making the numbers of money from us? What?
To help with their made up numbers. I do agree with what you're saying, because I don't feel like I have earned money unless I have it in my hand. Like, unless I physically, and like, the same thing with like, buying something, like, physical goods, like, clothing or anything that I buy. Until it's in my hand, as far as I'm concerned, it's not a real thing. So like, these people that are just like, they have a net worth of, they have 500 million in Bitcoin, they might have that, but they don't have it. You know what I'm saying? Like, they don't physically have it.
I mean, yeah, they don't even have it in that other sense.
This is what happened as a result of savings accounts being completely devalued and money going completely into the stock market. Bro, there's all this money in the stock market. Is it even money, though? It's just people saying like-
What's money in the bank?
Physical money in a bank.
They, no, it is not. They don't have all that cash.
Sometimes, that's what it used to be. That's what I'm saying.
Whatever's in your bank account right now, you can't go to the bank and get that in cash. It's not-
At Edward Jones, we believe rich is more than caring about the latest and greatest. It's also taking care of what gives your life meaning. That's why your dedicated financial advisor meets you where you are, with personalized financial strategies that help protect what matters, so you can preserve your progress while creating a path forward. The key to being rich is knowing what counts. Let's find your rich together. Edward Jones. Member SIPC.
Maybe not the, but I'm saying back in the day, that was possible.
Maybe. I mean, there-
Because it was the 80s, that people would show up smoking cigarettes, they'd be like, "Put this into my savings." And they would say, "No problem, we are a small mom and pop bank." Who, what is a big national bank? What is that?
That's why it was possible. Now, it's just like, "Take my money and put it into this cloud of money that you're choosing, you want to do whatever the hell you want to do with, and then when I want it, you can maybe get it to me in a week."
I mean, I, I disagree with your saying about the stock market. It's better to have it there than it is to have it in a bank.
It's a good, no, no, no. It's better to have it there. I'm not saying you're wrong.
But like, is there one place that's like, "This is the stock market, we're holding your money?"
Exactly. That's the point, that's the same-
Yeah, but that's the bank too.
I know, it's stupid too!
I know!
Banks suck!
This is what I'm saying, like-
Stock market sucks, fuck you all, how about that?
It's not a physical thing, it's just numbers on a screen. If you turn the screen off, I don't- You don't have it!
You don't have it.
Isn't that crazy to think about?
And if you don't have access to it, you don't have it either.
So if I take Joey's credit cards right now, and I use them for whatever the hell I want, it's my money then.
So can I have them?
My credit card?
All of them.
How many do you think you have?
Four.
I don't even know. I don't have many. I think I have like, two.
Say the cards-
I have three, but I think I used two.
Read the numbers out loud.
Show the, show the, show people.
I do think that there are people, that older generation, that, that feel this call of duty
to like-
World at War.
Help, yeah, right? To like, help their country. So they think that the best way to do that is to Venmo. Also, Venmo.
Crazy.
Which is such a stupid, like, everything that everyone complains about with our current society, with millennials and shit, Venmo?
Delivering money to the national debt via Venmo is just such an ironic way of doing it.
What is the issue with Venmo?
Well, like, everything that people complain about now is just like, "Oh, everything's online." Like, "Oh, social media," like, "Go out and touch the grass." "Go out and da-da-da." And Venmo is just sending a number to another person that may get a number, and it's not like a physical thing. Yes, it's money.
I mean, that's what I'm... This is such a funny conversation that I'm, like, stepping out of it for a second. That's literally what we're talking about, is like, money used to be like, "Here's physical things," and it feels... It makes more sense to have physical items to feel like, "I'm trading this for that, and these have a value and whatever." But now it's like, "I'm sending you numbers, and you're giving me an item."
Or like, sometimes I'm sending you numbers because you sent me a number earlier. Like, it's just numbers.
I wonder if it's been like, because I'm sure it's been discussed, but like, if there's been a term, like, a phrase coined for like, the disconnect that people have between their money and paying for goods with a credit card. Because I'll tell you right now-
What do you mean?
Like, when I pay for something with cash, it feels more... Like, it carries more weight. Like, it means something more because I have the cash in my hand, I'm counting the cash, I'm giving the cash. But when it's numbers on a screen, or it's your bank account that you just see, you know, the money is there, when it's just like, hit a piece of plastic against a card reader, and then you get your thing, like, there has to be something that has gone into that interaction that like, has made a bit of a disconnect, because I am way more inclined to just be like, "Card, card, card." But if I have to pay for something with cash, I'm a little more like, "This is what I have right now."
You know, not even just limiting me to the cash in my hand, but just like, it feels more intense.
Well, I think it's just you don't have a lot of cash. It's easier to just, like, if that transaction is easier, yeah, you're more inclined. Anything that is like, more streamlined is like, there's less to think about.
Well, I feel like if you just, you don't see the immediate like, deduction of those funds.
Yeah, I mean, most of the country wouldn't anyway. I mean, it's credit card debt.
I know, but that's what I'm saying. Like, it, I wonder if there's been a term coined to, for that. Like, that disconnect between people and their money when they, when they're not physically paying for it with cash. Because it's real for me. Like, 100%.
I'm having trouble following. What, what is real for you?
Like, I am way, it's way easier for me to pay for something with card than with cash.
Oh, yeah, of course. I mean, that's everybody.
But I'm saying, like, I wonder what that term is. If there's been a term coined or something.
I don't think it's a term. I think it's just like, it's just easier because it's quicker.
There's terms for everything, baby.
But like, what is the term gonna do for you?
I don't know. I just wonder if it's been named. If I could say I have a thing.
No, but I think it's just, it's, it's like, I don't, like, what Uber does, like, it makes it easier. It's a stream, it's streamlining, like, getting a taxi. You don't have to go outside and wait and like, you know, whatever. You're more inclined to call, to pay for an Uber, like that, like a taxi in that way. Because you could just do it from your phone and it shows right up to where you are. So it's just streamlined. It makes it easier. You're more inclined to do something that feels easier, I guess.
I wonder if people are more cautious to spend nowadays than they were previously, in other generations.
Are they more cautious to spend?
Yeah. And I'm not even talking about, like, inflation, things are more expensive now. Like, if you adjust for inflation, like, the human mentality that goes into buying goods now.
I mean, I think that the answer would clearly be, people are less, uh, frugal. Because of just the national credit card debt is astronomical.
So you think they're more willing to spend now than they were?
I don't know when the credit card was kind of introduced, but like,
Yeah, that's a w-
I, I think that, like, because of that, you can spend money and then pay it off in small increments. But then you're paying interest and you'll never, like, for a lot of the country, you're never going to be able to pay that back. Because you're busy paying interest. So like, the national credit card debt just keeps getting bigger and bigger. Because it's like, I can, I can afford, afford this because I can pay for it right now and get the
Item and I'll pay for it later, but there's no way there it's like very hard to pay back the thing.
Yeah, and even even when there's no interest, I think that's what happened with that company Klarna. Remember Klarna or not member, I think they're still around now, but I think they recently. Like said like we're in trouble because people are just not paying back. You know how like when you go to checkout, it could say like you could pay in lump sum.
Or you could pay for interest free payments of a hundred twenty bucks through Klarna.
And apparently people with Klarna are just like not paying. Yeah, I mean.
Um, there actually there actually is a term, it's called the pay, the pain of paying or the cashless effect is what they coined it as.
The cashless effect. That's all I wanted to know. I got the cashless effect.
I think doing that is like, I think people would consider like Frankie math or like boy math or something like that.
What the hell was that first one?
Wait, what do you mean?
Frankie math is legit.
You know, it's like you're it's like, it's like, oh, I didn't pay for this right now, so I didn't lose anything math like that's Frankie math. It's like a.
Why are we put, why are we calling this Frankie math?
Because you were the one doing it, because it's.
Who says I'm doing it?
You said you were doing it.
You did say that. When did I say that?
You literally were like, what's the term? I want to know what I have.
In terms of just the feeling of not like. Knowing the weight of your payments, you're talking about like, I don't think I'm spending money if I'm just paying for it at a later date. I am spending the money. It's not Frankie math. Frankie's good at math. Frankie did great math.
It's just a thing the kids are saying these days. Sorry, guys. I've I've no, I know the term girl math.
I've heard that term.
But he was Frankie and not a girl, so I just called it Frankie.
Right. Got it.
Frankie's good at math. I'm kidding.
Yeah, I got to calculus four bitch differential equations bitch.
But yeah, I mean.
I'm not, uh, be honest. Will you be like a petty bitch and like Venmo the the government like a penny?
Why would I do that?
Show them who's boss.
They're not gonna see it.
Yeah, they will.
Nope.
How many people you think have actually Venmoed the government?
I think probably a decent amount that think they're doing and like maybe some people have like a good interest in mind, but like.
I'm not falling for this shit. Like, you're not getting me, bro.
I don't know what number Ant could say if he's looking up how much they've paid. That would even make me go like, wow, good for them. Because even in the grand scheme of things, even if it's a million, a hundred million dollars, it doesn't mean anything because of the national debt.
No, and also like, fuck off. Like, it's your debt. Why am I paying it?
I mean, and I'm sure in theory, they're gonna defend it as being ours because they were, those decisions were made by the elected officials that we elected, and you were elected with your vote, and your contribution is the vote.
Okay, but we didn't bankrupt the country. You did that.
That's right.
Like, fucking, how is that our fault?
The numbers are a little tricky, but what I'm getting is, people have Venmoed 2.7 million in gifts to pay the debt.
Bananas, dude.
I, I have an idea.
That's also lower than I thought it would be.
No, that's about where I thought it was, honestly.
It, it, the Venmo-ing specifically. It hasn't been around that long.
Yeah, it's been, it's been like a week. I'm just gonna say this. I will get you a Venmo account that you can Venmo to, to, to get rid of some national debt.
If the profile picture just happens to look like me, whatever. But, you can Venmo, if we get to, I think they said, that account specifically said, if we get to a million dollars.
Do not rob our viewers, you son of a bitch.
I'm not robbing anyone. This is for the government, dude. You don't wanna help the government?
You're hoodwinking.
You don't wanna be a patriot?
A patriot.
You don't wanna, you know, this country has given you every single thing that you have. Everything that you have has come from, oh, say, this country, and the people that have made it up. Can you see? So, you, you owe a huge debt.
Oh, you're doing background music?
To the people that have made up this country.
And the people that are in their position of power.
So, what I need you to do, Joey, is open up your checkbook.
You need to, you need to stand proud, chest up, chin to the sky.
Because the American people need your help.
And you could Venmo them at my Venmo, and I'll help them.
I really would like to know what happens when we pay off the debt. Like, what happens?
Do we have a big party? It's never going, I'm letting you know, it's never going to happen.
You telling me we spent 38 trillion and like, people can't afford to live? So what, if we pay off the 38 trillion, we're trusting the same people to not put us back in the same, like, what are we, what are we expecting to happen?
Damn, I didn't think we were, if I knew we were gonna get this intensely political, I would've brought some fucking haymakers.
I just don't get it, I just don't get what happens. I mean, you spent 38 trillion dollars.
Well, this is not just like, today they spent it.
No, I'm aware of that, but like, you spent 38 trillion dollars and then, like, what? Like, I know a lot of it is military spending, and, I mean, we spend like, triple the amount of anyone else, like, whoever's in second place, I think China. But like...
I'd love to hear those phone calls where they're just like,
"Hey China, um..."
38 trillion's a, like I said, it's a fairy tale number, like, you're just spending shit that is made up and will never get paid back, like, they know it too. Whatever people are doing to Klarna is what our government is doing to whoever else we owe. No one's paying that, and no one cares.
Joey's spitting facts. Like I said, if I knew we were getting this intensely political, I would've started writing down some smarter things to say.
Some smarter things to say. You know what, we do have some sponsors, let's jump into that real quick. Which is, now that's funny. But anyway. Uh, we have Zocdoc here. Zocdoc is a free app and website where you can search and compare high-quality and network doctors and click instantly to book an appointment. So this is what I was using before they were a sponsor of the show, but, you know, it's hard to figure out which doctors take your insurance, so Zocdoc makes that very easy. Whatever doctor you need, if you need dental work, you need a dermatologist, you need a primary care physician, you go on, you put in your insurance, and then, you put in your area, it will show you the doctors in your area that take your insurance, and their next available appointments, and usually it's within 48 hours, so it's a pretty quick turnaround. So it's a great tool
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I've used this before. I still use it if I have to go to, I want to go see a dermatologist soon. I haven't been in like two years, but you know, I'll use Zocdoc to find a dermatologist in my area so I can see who takes my insurance and go to them. And these are all also patient reviewed, so you can see a score. So if they have a good score, you know you're going to a good doctor and people have good experiences with them. So, you know, go check it out. We also have BetterHelp. BetterHelp is the sponsor of this show. It is online therapy. I've said this many times before, but you know, I've been in therapy for years now. I think it's very helpful and I think for anyone out there that, you know, feels like they
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Yeah, that's a great idea. I have another great idea for you, in a little bit of a different vein. It's called Patreon, folks. Patreon.com/basementyard, okay? Listen, whatever journey you're on, health, wealth, physical, emotional, mental, let the Basement Yard be a part of that, okay? So go to Patreon.com/theBasementYard. You sign up today, you get these weekly episodes, one week in advance, and then that second tier, if you sign up for that second tier, you get exclusive episodes every single Friday. You could start in your week with the Basement Boys, all of our crazy shenanigans, our little fun stuff that we do, okay? You want to be a part of it. You want to be in on the conversation, the jokes, all the clips, and then, you know, you get to see them and laugh, and hopefully, hopefully you laugh, hopefully you like it. And if you want to save yourself a couple bucks, so you can have money to spend elsewhere.
Go to patreon.com/thebasementyard on a browser, on a web browser, okay? Whatever web browser you use. If you use the apps on either of the app stores that I understand exist, they're gonna charge you a little extra money, okay? So, if you want to avoid getting charged extra, put a little couple bucks back in your pocket, go to patreon.com/thebasementyard and sign up today. Thank you guys for getting us to over 34,000. It's unbelievable, unreal, the love and support. We feel it all the time and we are so appreciative and we thank you for that. Also, we're in the middle of our tour. Oh, so if you're coming to any of our future shows, why don't you go to thebasementyard.com/submit? First of all, if you go to thebasementyard.com, check out the shows that are still available, okay, that we haven't done yet, alright?
There's some in there that you might be able to buy tickets to still. I'm not sure you're gonna have to check it out. You want to make a day out of it, a weekend out of it, a couple days out of it, whatever you want to do, go check out those tickets at thebasementyard.com. And then if you are coming to any of those shows, you go to thebasementyard.com/submit, okay? There's a portion of our show that we'd like it to be interactive. We talk to you, about you, with you, if you choose to let us know that you're there. But that's where we ask you guys to submit funny stories, interesting facts, anything that might be worth conversating with us at these shows. So, go check it out at thebasementyard.com/submit, okay? And, uh, let's get back to this episode. Alright, now, Josh, what you do is I'm gonna go like this, and when I do that, just cut
to Joey, but like, put like a cool, like a graphic in between me, like, doing that, so it looks like I threw the camera. You ready? Alright, back to the episode.
Anyway.
You had, you had something geared up, ready to go before he started the ad. Do you remember what it was, or is it gone?
Oh, I was, I just refreshed my whole, like...
It's gone.
On the economy, it just brought everything back, so...
You were, now, you were a finance major, right?
So...
Am.
It never goes away dude.
Yeah, it sticks with you.
What, you are a finance, well like I'm not now still a, like I'm not in school, so I'm not still a criminal justice.
You have a degree though.
Yeah, but I, like you were a finance major, you got your degree in it.
Semantics.
Sure, I get it.
Okay. What do you think about this? Do you think there's any reality that we ever get out of this national debt?
Well. The, the debts attached to our treasury bonds, our treasury bonds, interest rates attached to the mortgage rate. If that goes away, I don't know, everything kinda collapses, so. There's, there's such thing as too little debt as well, technically.
Yeah, I, I mean, I also don't think like, we're, we're like, what?
I didn't know that. I've never, I've never heard of that before in my entire life.
I also don't think there's like an immediate reason to like, pay off the debt. I don't think that does anything.
So wait, so if we get completely out of our national debt, the country's financial system will basically collapse?
We'll adjust, but yes, technically it would be a very scary time for a little, for a little bit.
Well, why though? Why? See, that's what's fucking, the cyclical nature of this bullshit. Now I'm gonna get political.
Is they want us to be afraid. That's it, that's all I got, honestly.
We're running on interest.
That's crazy.
That's how everyone makes money.
I know, it's still crazy.
No, I know, I mean, it's a fucking, that's why I'm saying, it's a, the, the thing is, it's such a joke and honestly, a ballsy move, to be like, oh, you can Venmo to whatever, it's like, what are you asking? Like, you're not even gonna pay this back. Clearly you guys have no interest in paying back the, the trillions of dollars, which is a, again, a fucking, made up number. Now you're asking people in a country who don't have money, to help pay off a number you have no interest in paying off. What are we doing? Like, that's literally just robbing the poor.
It's insane.
It's like tricking, like, like, a homeless person, and be like, hey, give me 10 cents because of, you know, whatever. What are you doing?
Are there any other countries that have, I'm sure there are countries that have national debt, as much as us? Are there any countries that are in the green, where like, they are just making, like, they have made more money than they have owed?
I honestly don't know the answer to that, but I, I, I feel like... I don't even know that it would be like beneficial for you to like not be in some sort of debt. You have to be spending money and like upgrading your systems and infrastructure.
Yeah, but like spend the money you have. That's, that's what I'm confused about is like. This is, this is a level of like finance bro talk that is completely lost on me.
Where it's like, I'm like, if you have the money, spend some of the money, have enough money to have left over. Not like spend it all. Your money is, you have negative amount of funds and it's all doing something and it's like. I, that, and I'm, I'm dead serious when I say this. That makes no sense to me. Maybe it's because I just don't have the knowledge of it at the moment, but like, I just, I don't understand that.
Yeah. I mean, it's, it's, it's confusing, but like, there's a lot of companies that just are not profitable.
And that's, I guess, one of the reasons why I'm not a CEO of one of these major companies.
Yeah. I, I mean, that's not the only reason.
But like debt is good in, in certain instances. There are people who like, I've seen some guys online be like, they don't believe in debt. They don't use credit cards, which is like, all right, I mean, sort of a hot take.
I understand like real estate. Okay. Because technically.
You don't have the money.
You don't, but like, for instance, if I buy a house for $500,000 and I only put 250 down, in theory, I'm in debt for that 250.
Yeah, that would be insane.
I know. I, I, yes, it would. I'm just using roundabout numbers to just help explain it a little bit better. But like every, you're paying into yourself. You're not paying into getting the debt down. So like.
What?
You're not like, you're putting, you're basically putting money into a piggy bank.
With that house. That's the only place I understand it. Where other people are just like, I have no money in my bank accounts. But I'm living lavishly. And it's like, so then how, like you don't have the money.
Like that I don't understand. Like how are people, honestly?
If you have fifty million dollars in Bitcoin.
Mm-hmm.
You don't have it in your hands. How are you rich? Cause you have it in an asset, I get that.
But you don't have it to use right now.
So liquidity question?
Yeah, I think so.
See, I don't even know what I'm asking!
I know, no, no.
I mean, if you ha- if you only have assets, like, people aren't living off of that, you need to have it in some way. Or you can go and get a loan for that. And like, take money out on your money. Which is something that you can do, but you would pay an interest on that as well.
Yeah. You could put your assets up for collateral, get a loan.
Yeah. So it's like, I have an asset, so you can go and say-
But then you're in double debt. Cause if you now, now you have a loan. But you're putting your assets up to get a loan, so now you still don't have the money, and now you have a loan. So now it's double debt.
Double dude.
Well, that's how you're using it as money.
Still doesn't make sense to me.
But like, think about this, right?
You guys, guys, you're trying to explain this to me, and I don't have the capacity for it.
Well, I'm just saying, like, if you have an asset, right, that's a million dollars.
But you have no cash. You can go and be like, "I have an a million dollar asset, that, so give me a million dollars cash." So they'll say, "Okay." Because if you can't pay back that a million dollars by whatever, you know, terms. They'll just take your house as collateral, cause they'll get the million. But then you have a-
Then you have nothing!
Huh?
But then you have nothing.
Right. I mean, you're, you're banking on that not happening, but like, you can have the house, and you can have the million dollars cash.
This all seems pretty stupid. And, uh, I think, obviously, we can go back and we can blame Alexander Hamilton, because he was the founder, basically. And, and, and constructor. Is that a word?
Constructor?
Constructor.
It is a word.
Right?
But what are you asking?
He's the one that made the financial system, like, our, our country's financial system.
The creator?
Yeah, that it.
He constructed it.
He constructed our country's financial system, so like, I just, hey, Alexander Hamilton, or any of your descendants that are listening, first of all- See the show, it's pretty good, so I've heard, I've never seen it. Like, in person, I've watched it.
Do you have any debt?
No. I got the house.
Some cars.
I gotta... I mean, we have two cars.
I know, I know.
You're making it seem like you have like six cars.
We've got some cars, got six cars, don't make a deal.
But I stand by, like, I'm, I would be the type of person that'd be like, "How much is this car? Here's the full amount." Now, I know it might be a stupid financial thing to do.
But it, it just feels like the smarter of the two options.
Well, you also understand, so like, with the, with the stock market as well, if you take money, and you, let's say, your, your house, you're like, "I'm just gonna pay for this house in cash," right? And, let's say the house is a million dollars, so you're like, "I'm just gonna pay a million dollars cash." And you have like, I don't know, 1.5 million dollars, right? So you're like, "I'm just gonna pay for the house in cash." Now you have 500, uh, thousand dollars in, in your bank account.
And this house is completely paid off. You can get a mortgage, which isn't bad, it's debt, technically, but if you still have, uh, like, a down payment on a million dollar house is like 200 grand or 250, something like that, 20 or 25%. You can have, uh, what did I say, 1.5, so you'd have 750,000 dollars, right? You could, instead of putting the house and having it paid off, and only having 500, you can put 700 into the market, which will make money.
Oh, I get-
That could technically pay for your house.
I get that, I get that, but, if I pay the million in my house right now, that's a million, it's paid, okay? If I wait, put money in the market, the interest that it accrues, I'm gonna be paying more than a million dollars.
So like, just pay the million now.
But the, the idea is-
Let's, let's make this an even, like, smaller number, so I don't fucking bash my head against the desk. A hundred dollars.
Yep.
Pay a hundred dollars now, or pay 50 dollars with a 5% interest rate, and have to pay whatever the difference is at a later point, which will be more than the hundred dollars would have been upfront.
The idea is that if you get a 30-year mortgage, which most people do, you will make more money. If you have more cash in the market.
Historically, that is the case.
Yes, historically.
I think it's stupid, though.
But you would have more money. How's that done?
Because I'd rather pay the money right now, if I have the ability to pay it, and then just whatever money I have left over, let that do its trick.
Instead of putting more into the market, because then I have to pay for this thing over here.
What's this thing?
The house.
I don't like that.
But you would, but, but you would, you would still have the money. You still have the million dollar house. Because, let's say you put the million dollars down, and it's like, that's a million dollars, boom, you're done.
Also, you know what grows significantly more than the stock market? Real estate market, baby.
I mean, that's not always true.
I mean, eh, eh, over the last couple of years, it has been.
Yeah, but you could have both.
I don't want to have my cake and eat it too. I want to have a cake that I can look at and really appreciate.
Okay, but, but you're, but this is what I'm saying, like, if you put 250 into the house, or the million, you, if you turn around in a year and sell it, you get the same amount.
Hmm.
You get the same amount.
No, because the house will be more expensive in a year.
Exactly, but you would, that would still be the end amount. Like, the bank would just get more of the money, but whatever you would make on it, you would, you would, it would be the same.
I guess I operate in the mentality of like, I have the money now, pay for the thing now.
And then whatever happens in the future, like, it's a, it's an added bonus.
It's just a, it's a risk averse mentality, like, it's.
I don't like risk is.
It's fair, I guess.
It's like, not a risk, though.
I mean, it, it.
It's a very short-term risk. It's not a long-term risk.
It is a risk, by definition, but in execution, it has proved to not be a risk.
Okay. But if it's never a risk, in the long-term?
But it is technically still a risk.
That's why, like, a lot of billionaires, you're like, oh, you have a mortgage, why don't you just buy the house? Because they just don't like their money tied up. They could put it elsewhere.
And it could make money, instead of just being in the house.
That makes sense when you're a billionaire.
No, but I'm saying, like, it was just.
No, but anybody, I mean, it, on a smaller scale, it still makes sense.
It, it, listen, I am fully acknowledging that, I, like, I know this stuff. We've talked about this extensively, like, I just bought a house, like, I get, I get all this.
Uh huh.
I just think it's stupid.
I just think it
But you're getting free money for having money!
I think it's stupid that I need to, like, that it needs to be this complicated to understand. And that is about so much of our country right now. Oh, see? There is so much, can you see? That the normal people in our country, hard-working men and women,
that need to put themselves, they can't just go about their lives and understand something. They need these advanced degrees and technicalities and blah blah blah. What's on brownie?
Well, that's why I'm like saying-
Why can't we just be a simple country that loves its people, Joey?
Because what you're, but I think that it's important to like say this because I do think that investing is an important thing for people to do. And unfortunately, if you, I was lucky that I had a brother who was in finance and kind of explained these things to me. And I, I got like, you know, I was able to learn like that. But a lot of people go, a lot of their life, you know, especially in this country, not making enough to even be able to invest. And that's like a luxury to be in a position to be able to do that. But if you have the money and you can invest, like, it's an important thing because even if you, most people don't have the amount of cash to make a down payment on a sizable house. But if you're investing your money, like, little by little over time, that is very helpful in the future.
Instead of just tying up all your money into, like, uh, uh, one asset that could potentially, like, that to me sounds like a risk. If there is a crash or something.
Sure.
It's important to invest, that's it.
Fully agree, fully agree. You know I invest. Like, you know, like, I am on board with that and I fully, like, I, I hope that people, if they do get that luxury, do that. I, and I'm tying this back to what I said originally, it is kind of fucking evil that, like, the way it is designed now is like, no. Don't put your money in a bank where it can gain interest because the bank does better and you do better. Put it in this thing, this cloud, where we could play with it and we can have some of it and we'll give you some too if it does well.
I mean, I don't think that's evil. I think it's evil to make people feel like, keep your money in the bank, because you don't make interest.
But, it used to be that way, that's what I'm saying. It used to, interest rate, like, interest-bearing savings accounts back in the day used to have like, high-yield interest rates.
Yeah, I'm saying like, you think less than 1%.
And there have been economists that have said it's been because of the growth, consistent and massive growth of the stock market. That people have, that, that banks in, you know, they have stopped giving high-interest bearing savings accounts because they want you to put your money in this other thing. I think that's a little, in my opinion, a little predatory. Sure, they might make some money doing it, but, I don't know. It feels like, instead of having the money that you've earned and like, keep it in this thing where it's safe and it'll make money, go put it in a risky thing where it could make money, but also it could lose some money. I just, I don't, I don't, that, that to me is a little freaky.
You're, so you're, well, you're positioning yourself by saying like, "Don't invest."
No, I'm saying, I think it's, I think that's the way it is. It's responsible now to invest, like, that is a responsible financial decision that you should make if you get the opportunity to. I just think that the idea of like, saying we're not, like, basically devaluing interest-bearing savings accounts and, and overvaluing the risk, because even though you say it's not a risk, it is still a risk, of putting your money in the market, I think that's a little...
In doing that, you're also like, adding an extra like, unfair education barrier that someone has to like, know where to put their money, instead of just an easy bang, a gun. I get that, yeah, but like, if you're like, fortunate enough to know these things, like...
Yeah, but guess what you need to be? On top of working fucking super hard, you know, like, let's look at like, middle America, like, working class, and on top of working hard to make the money, then they need to educate themselves on this stuff, then they need to, or they pay for someone to do that for them.
Yeah, you pay like a, like a financial advisor.
Like a brokerage fee, yeah. Like, that's, that's, that's a lot, you know, and I, I, I think that.
I mean, in the, in the grand scheme of things, giving one percent to a financial advisor and potentially making six to 10% a year is worth it. It's more money than you would have had.
I fully agree, I'm just saying that having it got to that point from where it came from, where people used to be able to take the money that they earned and let it make its own money by sitting in an interest-bearing savings account, I just think like.
I mean, there is, you can do bonds and they're like a guaranteed 4% or some shit.
Yeah, like CD, CD accounts and stuff like that, right?
There are ways that you can do that, and those are technically the market.
And you know what those are tied to?
The national debt?
That motherfucker, bro. Can't get rid of it. It ain't going nowhere.
And also, some people are just trying to buy some Cheerios, you know?
That's what I'm saying.
Some people are just trying to buy Cheerios.
Some people just want Cheerios.
That's it, I got that.
Or Lucky Charms.
Frosted Flakes.
Hell yeah, Frosted Flakes. I had the saddest bowl of Frosted Flakes the other day.
Sad?
You were there.
It was such a, just a limp dick bowl of Frosted Flakes.
Bro, this hotel had a bet, they were like, oh, breakfast in the morning, we went downstairs, Frank was already there and he looked miserable, he was the only one in the place. And then, it was, uh, two pots of coffee, then there was.
A carafe of hot water.
A carafe of hot water and some tea, then there was, uh, the hardest bagels I've ever seen in my entire life, there was some cups of oatmeal, and then a small fridge that had frozen, like, egg sandwiches, I was like, I'm not eating this.
You're also burying the lead here, there were three things of cereal dispensers.
Oh, right.
Which, it was, I actually gotta say, the cereal choices weren't bad, Frosted Flakes, Apple Jacks, and a Raisin Bran Crunch, which Greg put in a cup and ate dry, which, crazy, and then a bowl of.
Green apples, not red apples. And you would think the other fruit that they would have would be bananas, right? It was like, green oranges. They were very unripe.
Oh, I was like, what? But yeah, it was, it was, it was kinda fucked, but you know, it is what it is. Uh, we have more sponsors, uh, for this episode here. Uh, we have prize picks, okay? Prize picks, simple to play, you just pick more or less when it comes to sports, okay? So, the, uh, you know, the NFL season is kind of almost here in a way. We got like a month to go and before we're there. Um, but someone like Saquon Barkley, okay? Is he gonna have more or less than, you know, 82 yards or something in a game? Um, you could do futures also. Is he gonna have more or less than like 1,500 yards this season? Something like that. And you create lineups like this with a, with a couple of those things.
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Yeah. Oh, I know. I see that Joe is gonna be a finance, I mean, we're the finance bros. That's what I think the title of this episode needs to be, right?
The finance bros.
We're finance bros.
We're finance bros. And it's like you as Gordon Gekko, like smelling the money.
I know that name, but I don't know how that is.
From the movie Wall Street, played by Michael Douglas.
Oh.
And then me as, uh, Jordan Belfort.
Hmm. Could've picked anyone else.
It's the only two finance bros I could think of. Who else is a finance bro?
Amp, apparently.
Damn.
I know nothing.
Do you, did you ever have one of those shirts that it's like the collar is a different color than the rest of the shirt? You know what I'm talking about? Like those like button up shirts?
It'll be like blue and white pinstripes, and then the collar's just solid white, and they're just like, oh my god, I gotta get back to the office. I gotta trade, trade, trade today.
Frankie, I'm here with you.
Have you ever like wanna go and be like a Wall Street trader?
I tried. Well, I went through the interview process and I was like, oh god.
Is it like from what?
You were trying to be a trader? Uh, well, I didn't like that, but yeah, trader.
You were trying to be a trader, huh?
No, I wasn't saying like treason. I was saying like... Well, yeah, essentially financial analyst. Got it.
Oh, so you were trying to analyze the finances?
It's gotta slip in there somewhere.
Yeah, so it was right there.
You know how it goes.
So like, did you know anyo- do you know anyone that has done it?
A couple of my friends, like from there, but...
I imagine it's like, oh, it's the 2020s now, so it's not as intense, but like, in like the early 2000s, it was like, what was on? Like Wolf of Wall Street, where it was just like drugs and fucking steaks at noon and...
Martinis.
Martinis, and then trade, trade, trade, trade.
Escort, escort, escort.
I imagine that's what it was like.
Yeah, I mean, I think that it's still some of those things, probably. Steaks and martinis in the middle of the day. You ever go to Capital Grill at like 2pm? Fucking filled with dudes with vests.
I've never been to Capital Grill. The Midtown uniform is, I've heard it's been referred to as. It's like the long, like, sleeve shirt, rolled up with the Patagonia vest.
Not for me. I did like getting dressed up though, so...
You liked getting dressed up for work?
What job are you referring to?
Any job I had, I liked, like, except for this one, I guess, I would...
Target?
I would wear a collared shirt.
The red one?
Yeah, red collared shirt.
You like a uniform?
Oh, kinda. It honestly makes things a little bit easier. Like, I, I, I used to be one of those people who was just like, it's so restrictive, but like, if I worked somewhere and it was like, yo, you have to wear this every day, it would kind of be nice.
So you would like enjoy like a Catholic high school?
Maybe in my, maybe in my like older age, yeah.
Like if I was like my current age.
In high school?
That's a weird.
I mean like, just like the idea of like you don't need to wake up and be like scrambled for like figuring out what to wear. Not that I do that now, but like I could see like people that wake up and they're like, oh fuck, I need to be in work today at nine AM. And they're like, what do I wear?
Honestly, my, uh, high school, it was a pretty good deal. Like it was a Catholic high school with a uniform, but they gave you a, like a bunch of options. And it was just a polo. So like, if I had to do a fucking tie every day, my god.
It was a blue polo.
It was blue, there was black.
SFP, the red SFP.
Which shirt did you always wear?
Uh, blue, navy.
The navy.
There were white ones too, right?
There was white. I never wore white. No one wore white.
Oh shit, okay, sorry guys.
Yeah, no one wore the white one.
His, his senior year, he was allowed to wear like hoodies and stuff.
They got rid of that right away.
Really?
I think they ruined it.
Well, I remember, cause I, I dated a girl that was in our grade at your school and they took away girls' ability to wear skirts.
Yeah, they got rid of skirts, cause they said girls were like making them too short. So now the, the girls were in.
They were in khaki pants and slacks.
Yeah, like, and the same things that we would wear. We had the same uniform, boys.
Yeah, yeah, that's right. I remember that.
But you had options. So you had different color pants, different color shirts.
Could you wear any shoes that you wanted or did it have to be like loafers?
They had to be black.
Oh, so like people could show up in like black Jordans or something?
Ah, you don't, could they?
As long as they were all black.
You can do any shoe.
No, no like red streak through it or something like that?
I think if it was like slight, then maybe you'd get away with it depending on what year you were.
And then what happened? Would you get detention?
They would, um, what would they do?
Written up, you're warning detentions. It, it depends. It depends what mood they were in, honestly.
Yeah. Sometimes, did you guys have the dude who had the fucking radio?
Yeah, that guy. What the fuck was his name?
Oh, I don't know. I didn't, I didn't know any of their names.
The only like thing I really remember was we weren't allowed to wear hats in school.
Yeah, you can't.
Yeah, I mean, what do, yeah.
I mean, you can't.
Can I ask you a serious question though? Why?
Would you wear a hat in a restaurant?
Like a nice restaurant, you'd wear a hat?
A nice restaurant, no, but it was a school. It was Bryant High School.
But why would you not?
Who the hell is attributing Bryant High School to a fucking three-star Michelin restaurant?
But it's the same, that's, that's the reason. Like, for whatever reason, people have decided, like, wearing hats in places is like...
Dude, there were people fucking sucking each other off in the stairwell. "I can't wear a hat."
I agree.
"Oh no, I'm offending you by showing my, you know, affiliation with the New York Yankees fanbase, but fucking, you know, Stephanie and Marcelo are in the corner, and they're playing jerk-off with each other. I'm the issue?"
Playing jerk-off. Yeah, I think it's just like they're trying to keep it, like, I don't know.
Cause all the, you know what it was?
People of a generation too, like, everywhere, they take their hat off. Like, when they walk into a place.
I, I won't, like-
Even if they're hopping into a coffee shop real quick, take the hat off.
That's, that's such a, like-
1940s.
1940s, yeah, like, they, cause they wore their rain hat and they'd be like-
You know, and it's like, dude, just, it just, it's okay. Like, "I'm not offended by you wearing a hat here."
It is a strange thing to have started. Some people like making rules just so people follow them.
Yeah, that's exactly what it is. Cause there's no reason that a hat offends anybody. Unless the hat says, like, "Suck me twice on a 14th Wednesday" or something, like-
What could that possibly mean?
I don't know, but you know what I'm saying?
I think it was more, it wasn't offensive, it was more of like, it's the gentlemanly thing to do.
Yeah. To remove your hat?
Yeah, I guess. I mean, we're doing it, like, when you do the, uh, before sports games, like, you take your hat off.
I don't, I don't get-
You don't take your hat off?
I do take it off every single time.
I don't get it.
Yeah, it's just something we've kind of decided as a society.
It's just a weird thing to say as, like, a sign of respect.
It's just a weird thing to be like-
I mean, everything is kind of weird when you think about it, like, shaking hands is a sign of respect. It's like, why did we pick that? It could've been anything else.
I agree. I mean, you know, the Japanese do the bow.
The bow.
I feel like it's way more respectful than a shake of a hand. I, I wanna, like-
I would, I mean, am I allowed to bow?
That's a great question.
You probably have to bow when you're in Japan.
If I, if, if I were to be in that setting, I'm bowing.
You gotta bow.
I'm bowing, because I'm not gonna be the guy that does the dirty American handshake thing.
Dirty American handshake. I, I think bowing, hopefully that makes its way.
I get so amped when I see like two Japanese baseball players that like respect each other so much and they have like a bow off.
They go back and forth?
They're just like, oh my god, like I'm so, and I'm just, I like, I love seeing that sign of respect from them. That I like.
You know, I don't care about our signs of respect.
How do you feel about handshakes?
They're fine, needless.
Needless?
I think there should be some sort of touch. Do you, like, when you feel a handshake with a new person, like, damn, I messed that up?
No, I've, I've never messed up a handshake.
I will say, some dudes get a little crazy with the handshakes. When you're gonna squeeze my hand as hard as you want because you think you're like, I'm so mad, like, you're a loser. I'm sorry. Just shake my hand like a normal person.
No, that's not me, at all. I, I am a very, like, No, no, no, that's not me. I'm, I'm all business with a handshake. Hey, how you doing? And that's it. But like, the people that do like the, yeah, like, they roll like your like knuckles like that.
I mean, that obviously is like, those people should be shot. But like, it's people, like, who just go in, it's like, they're making an appointment, like, oh, real firm. I also think that the dead hand is like ridiculous also, but...
Dead hand is, is, this, the worst one I've ever gotten is this. I've had people do that, where I go to shake their hand and they go like that. And I like shake this.
Who, like, men or women?
Men.
Men go?
Yeah, I call them the squids.
Squids?
Yeah. I have a, I have a, I have a cute little slur for them.
Yeah, right. I don't know that I would even shake that. I'd be like, what are you doing? Am I supposed to kiss this thing?
You might, you know what? Next person, or if anyone ever does that to you, do that. Kiss it.
I'm good. I'm not kissing people's hands. I wouldn't even put my hands in my mouth.
There was a time, like, a plumber came through the house and we shook hands and mine, like, he caught here and it was like this. I went, we gotta do it again.
Oh, you said, yeah, yeah, you gotta restart.
We gotta do it again.
Yeah. Dude, the worst is when you go in for like a handshake and they're going bump, and then you guys switch at the same time, and I'm like, oh my god!
Yeah, it's uncomfortable. And also, like, if you see me approaching with one of these, like a side bump... Don't go for a handshake. That happened to me recently. I forgot where we were. I think it was at one of the shows. Like, one of the backstage guys, I was just like, "Hey, nice to meet you." And he went for a handshake, and I was up here.
You see him coming in for a side bump.
You've got your shield up.
I got my shield up for side bump.
You know, don't, don't, like, anticipate-
Side bump's kinda crazy. It's not a baseball game.
I side bump often. What's going on, bud?
I go like this.
No, because that, that invites, because, because here, this is where you're going. They're thinking handshake, or they're thinking, "You can't mistake a side bump."
I mean, you just, it's all about distance. If I'm far away enough-
You bump hands like this?
I can get them, like, "Yo, analyze my hand and realize what's about to happen right now." You know what I mean?
You're-
I've definitely grabbed a fist before and shook that.
Oh, I've shaken a fist.
That's happened.
Yeah, yeah, yeah, 100%.
Yeah, and I just, like, at that point, you just gotta own it, like, and I meant to do that.
It is what it is. Sometimes you got, like, I, I think you need to make it as clear as possible. If you come up here for side bump, less room for compu- confusion and ambiguity. Everything is good.
What's your favorite way to greet?
Oh, new person?
Hmm, both.
Uh, handshake, new person, I like the-
You like the dap.
Love the dap.
You're a good dapper.
How do you guys feel about the Italian double kiss?
Double kiss is crazy. I don't even know if I'm normal kissing people that are not my family.
I'm not really kissing people. I'm literally putting my ear on their cheek and going-
Yes.
-out into the wind. I'm not kissing you.
Yes. I mean, there have been times where I will, like, full-on kiss.
Yeah, but that's, like, for a very small percentage of people.
If it's anyone under, like, 50 currently, you're trying too hard. It's like, "Bro, we don't need a double kiss." Like, this is, this was gone a while ago.
Yeah, double kiss is a, is a relic of the past. I agree.
Also, bro, if I walk into a group of my friends, and there's, like, eight of them, I'm not dapping everybody up, bro. I'm just saying hi. This is crazy. We gotta dap up eight people.
I disagree. Everyone gets a little bit-
Nah, that's wild. That's way too many people.
But, like, each person is gonna get 100, like, I have 100% of dap willing to give. If there's five people there, they're getting 20% of a dap each. Like, I'm not going full 100. If it's one person, and I see you, you'll get 100% of the hello. Hug, back slap, you know, whatever. But if there's five people, they all get 20%.
Four is where I draw the line.
You have to limit the energy of your daps.
I'm, I'm, four is where I draw the line. I'll dap up four people, five people, I'm just saying hi to the group. And I definitely don't wanna say bye. That's insane.
God forbid. What about you?
I think that's a fair take. But yeah, more than five, you're like, everybody.
Yeah, like, oh, what's up, guys?
Oh, oh, party's here.
Yeah, I also like, I'll do it if someone initiates like daps. I'm like, damn, now I'm in the dap train. But like, I won't, I won't initiate it. Cause it's like, yo, there's a big group here. I'm gonna dap up the whole place.
I'm gonna, next time we're amongst a group of people like that, I'm, I will be the dap initiator if you walk in. And you're gonna, you're gonna be stuck dapping everyone up.
Yeah, it's just like, it's completely unnecessary.
I think it's the right thing to do, but again, it's only like the-
Why, are you offended by that? Now we're talking about things where you're offended by. The hat is where you draw the line?
No, I, I'm not personally offended. I don't, you don't wanna, you don't wanna dap me up? Well, I'm, I'm fine with that. But I'm saying, I like to dap people up, cause I like to just say hi. Like, that's just my way. Yo, what's up, baby? Oh, how you, oh, oh, eh, like-
If I'm at a place where there's multiple people, but they're not all standing next to each other, I'll dap up everybody. But I'm not, if there's a group of five people that I walk up to, chill.
I say, I say hi and bye to every single one of them. It's just a thing I do, and I'm not saying that you're wrong for not doing it. But now that I know that you could be pressured into it.
I mean-
Do you give the same to everybody? Do you do your what's up, baby? You do the same to everything?
Yeah, what's up, babe? How you doing?
To everybody?
What's up, bub? Oh, yo.
Maybe we should adapt more of baseball, like-
Butts max?
If I'm coming into the place, everyone put their hands up, and I'll walk in and go like this. You know what I mean? Let's get this shit over with.
Like you just hit a homerun?
Yeah, just like, ba, ba, ba, ba, ba, let's get, let's get this shit over with.
I don't mind that. I, I'm, I'm kind of on board with it.
I'll be honest, I'm not participating in that.
Now I gotta participate in his entrance? If it's your birthday, sure.
No, I'm saying like, if as a society, we decided to do that, like, I think it would be easier. Let's get in and out of these fucking buys and highs.
Or, sorry, I was yawning, bad time. Or walk in and just be prepped with a, with a pre-fab fist. You know, just like, you prefab your fist, you walk in, yo.
Down the line.
You know.
Fist all your friends.
Just keep it up, though. Keep it up and, and in view, and make sure everyone sees that you're doing fist, so everyone's ready for the fist.
Yeah, yeah.
Frankie loves the ghost wieners. Loves them.
Oh, he's, he's saying you're jerking off a ghost.
Classy.
Fucking, be mature, would ya?
Do you know what?
Good lord.
Written up. Detention.
Now what?
Alright.
Did you have to like do your hair and, cause you guys went to the same Catholic high school, did you have to like do it coiffed?
Some kid, his barber messed him up and gave him a zero around the sides. And they said, you can't come in tomorrow. Like, it looks too ridiculous.
It's the easiest way to get out of school ever. Just give me a skin fade.
Yeah, it's like, I guess, I don't know. That was, that was weird for everybody. We were like, yo, like, what are we doing?
Yeah, I've never heard of that.
They didn't believe in that it wasn't, like, he was messing around.
Did you ever do detention at prep?
No, I, I never got caught.
I did.
Such a good boy.
I forgot why I did detention. I don't know if it was, oh, I know why. But it was only one time. And it's like, you literally just sit in a class. What'd you?
You just got a blue ball up here?
I had a teacher who, that I had freshman year, and he, he didn't like me. But he, I should've went to summer school, but he passed me. But like, he like gave me the extra two points, so I didn't, cause passing in that school was seventy-five. And I had like a seventy-three, it was like science. But my next year, my first day, I walked into my class and it was him again, and I was like, oh god. And he had the same reaction. And there was a day where he like handed out worksheets. And I was sitting down and I was filling out the worksheet and he like started the lesson. And then he like, was asking a question and then purposely called on me, cause he sees me with my head down. And I was like, oh, I'm sorry, I don't know the answer, I was working on the worksheet. And he was just like, get out. And I was like, whoa, what? And he's like, get out of my classroom. And I'm like, dude.
I was like, I was doing the worksheet, I'm sorry, I wasn't listening out, cause I'm doing like work, I'm not like on my phone or something. And he's like, get out. And I was like, alright. So I leave, and when I get to the hallway, he slams the door behind me, like, insanely hard. Like, slams it. And I opened the door and I was like, relax. And I shut it behind me.
Oh, you knew what you were doing with that.
I mean, I was like, I was like, yo, chill the fuck out.
You knew what you were doing with the relax.
No, no, no, yeah, no. That, I was just like, yo, chill, like, the fuck are you so mad?
Open the door, relax, calm down, chill out, take it easy, and shut the door.
I was just like, yo, chill. I didn't say chill, I said, I said, relax. And I shut the door and he was very pissed, which I get that, I get why I was in detention, but like, throwing me out, I was looking at the worksheet for god's sakes, I was working.
High school, man. We became boys, though. Before I left my senior year, I had my yearbook and I walked into his classroom. Because you know I like seniors at the end. It's like, class is still going on for everyone else.
No one cares. Yeah.
So I had my yearbook and I was like, "Yo, you gotta sign this." And he's like, "I'm in the middle of the class." I was like, "Yeah." I just put it on his desk and he signed it. He was cool with it.
And you guys kissed.
Yeah, yeah, yeah. We kissed and it was good.
Kissed and it was a fun time.
But anyway.
Hope you guys learned a lot about finance this episode.
Yeah, I guess. We're finance bros.
That's the title. A little change of pace is nice every now and then.
Yeah, every now and then you like a little bit of this, a little bit of that.
It's a good octave that you're at now.
I can't do it anymore.
Yeah, you ruined it.
It's alright. I'm just gonna be upset for the rest of the day now.
Where can they find you, Frank?
Well, there you have it, folks. Thank you so much for watching. Don't forget to hit the Patreon, patreon.com/thebasemeyard. Also, if you're coming to a live show, go to thebasemeyard.com/submit. Let us know what show you're coming to and write in some stuff. This portion of the shows that we've had has been so awesome and fun. Interacting with everyone in the crowd has been really cool. And it's for some funny moments, so keep submitting. It helps, for sure. And yeah, that is all. See you guys next time.
Page updated November 1, 2026 · transcript and summary are machine-generated