All right, Kathie, as we were back, we took Wednesday off.
I was traveling for work.
I was not on and was traveling for fun.
I was. You were in Mekanos.
I was in Mekanos for more nights.
Okay. What's going on there?
Inflation?
Inflation's rampant.
Yeah.
Like if you're going second week of September, and that's off season.
Yeah. So who are these people?
No one's working.
So I think there's a actual hack for Europe travel for people that
don't have families and kids in school because you have both.
I both.
They were still going to school.
I just wasn't with them.
I think the hack is May and September for Europe.
If you don't have kids, or if you're okay with part,
not being, not being with your kids.
No, because I was slammed.
It's not like it's not empty.
It's slammed, but it's cheaper.
It's significantly cheaper like the hotel.
The hotel we stayed at is three X during July.
How much did you pay?
Give me a regular room rate.
Do you have to give me like the sweet or whatever you got regular room rate
at the hotel?
Yeah. Right now, how much is it?
$1,700.
How much is it normally?
$3,500, $3,500 during July and August 4 X.
4 X. Yeah.
Because when people that are like regulars and this parts of the world heard
the rate, they were like, you have to stay here.
Because they were like, it's this isn't the best hotel.
And you're getting it, you know, 70% off.
Yeah.
Okay.
And because the hotels are, you know, in July and August.
Typically, it's like me, you know, so you've obviously been there.
You can do everything.
You could do a family style vacation or you can do the rager style vacation.
And so in July and August, you're getting both.
You're getting the ragers and you're getting the families.
So the hotel we stayed at, there's like a kids pool
where and an adult pool.
So that means they are equipped for just families to be there.
Where are there any kids there?
Zero.
That's the hack, September.
Yeah.
You don't want to go to a hotel and see kids.
And, yeah, I mean, the, the island, you know, we went in September.
So I did my 30th birthday there.
And it was before it was as commercialized as meeknos is today.
Yeah.
And everyone who like, I mean, I'm not like there a year like all these other people,
but they said typically it's just like jam packed roads.
It takes like 10 X the time to get from one place to the next.
You don't experience that in September.
Restaurants packed.
Restaurants are packed, but you can get a table.
You can get a table.
We had, I mean, Angela who listens to the pod was a very big help.
He set everything up and
you know, made sure that we were taking care of.
But yeah, like, it was like very busy, but it wasn't like you had to wait two hours to get a table.
No, we were walking in and we were a group of 20 people.
And we were not like, I'd assume in July and August, 20 people is a disaster.
Yeah, even if you have all the hookups.
Yeah, yeah, because it's just, it's just logistics, logistics.
But everything, yeah, everything was busy.
Like, I mean, we had, we got to all from the Ukraine, Russia.
It was all over.
What other countries?
Nigeria.
There was a table next to us on my birthday night.
They were definitely if you were torn, you're a mecanus.
Yeah, the running joke.
Ukraine, Russia, Nigeria is a running joke.
I had
and you could bleep this out if this is inappropriate.
That when you go to like a mecanosa, sansropay,
it's like likely stolen money.
Yeah.
So who'd you steal from?
And we talked about our tape.
Our group is the only people that actually like, Oh, you guys are the honest guys.
Yeah, you can check their tax returns on or among thieves.
No, but I mean, it's an island where you don't have to do the like,
you can, like we did this 10 years ago when we just did it and we just showed up
and we were fine.
We didn't blow it out.
No, you just go to Russia and go to the same place.
We did that a little bar.
Yeah, a little bar.
So we like went to visit the slammed and you just go there and go to see when we went.
Yeah.
So I mean, this is a like thing where people get intimidated by going and
traveling is you could do it both ways.
You could do it both ways.
You don't have to spend that much money.
I mean, yeah, I went to all the hotspots as a younger person.
I mean, to sansropay at 22 years old.
Yeah, I had me in a uncle who you know, we just went and we just showed up.
And we like hustled our way in.
We didn't buy tables.
We didn't do anything.
Yeah, you can do it at these places.
Yeah, I agree with that.
You just have to go and do it.
Yeah, you just have to show up.
Yeah, you get turned away.
You get turned away.
Who cares?
I love it.
Great.
So you're going to go back 50th 50th 100% no question.
There'll be another place by then.
I'm sure there will be.
I mean, as long as this doesn't get Poland.
Poland, I mean, I don't know.
I don't know what the, but people are already talking about the other islands in
Greece because everyone wants to go to the next.
Yeah, but I will say meek nose, no Arabs, no Chinese.
And that's a lot of wealth.
Yeah, we're the Arabs.
I don't know.
I guess they have a Neymar that stayed home.
There's a stay home because they're flush with cash.
Yeah, I mean, and the yachts you see just like from the hotel, it's ridiculous.
Yeah.
Everyone is just rich.
Yeah, there's a lot of money.
And then we went to London for a couple nights and
no shortage of money there.
Yeah, I mean, London's a lot of fraud.
Yeah, but I mean, I think they've also London has suffered from
like because of Western sanctions, the Russians had to leave because their bank accounts are frozen.
Their kids were kicked out of school.
Wow, it was like, that's what I've been told by people who are there.
So it's just other groups, other groups, not as many Arabs.
I don't know where the Arabs are.
I think Middle East is actually booming.
So they just stay.
They go to Dubai.
Yeah.
I mean, all things considerate like,
Dubai is not bad now.
It's kind of hot.
Yeah, I think.
Yeah, I mean, I know the Russians are in Dubai.
Yeah.
And Cyprus.
So that's come.
So Cyprus or Bojram?
Bojram's a hotspot by the way.
That's become like Bojram got hot like five years ago.
I didn't even know it was hot until this summer.
And I saw like keep hearing about.
I remember when I went to Istanbul,
everyone was the guy was like, you got to go to Bojram.
That's the spot.
And I think it's just taken off.
It's definitely taken off.
And I think you hear a lot of people
like wealthy people that are doing
40th birthdays there.
Yeah, shenanigans.
I think I did the cheap version.
Migros is like for the poor.
Okay.
I think Bojram is where the rich people really go.
So you had a poor 40.
Okay.
That's sad.
Well, great.
Well, happy birthday.
Glad you're back.
Anything else on the trip?
Trying to think you see Putin?
No, Polensky.
Scorpios.
I'm trying to think what would be another good take away
from the trip?
London definitely wasn't
as international as I remember it being.
I think Brexit.
Brexit sanctions.
The VAT Arabs.
It's just it lost.
Normally, it's like just you see every single race,
every street.
Just Indians now.
Not even that many Indians.
Like I don't know.
It was just a different vibe.
London was just definitely, definitely different
than five years ago.
Wow.
Not saying bad or worse,
it just you just remember seeing
like a different.
You're like that table committed fraud,
this table committed fraud.
Now you just find it honest investment bankers.
Amazing.
Well, the I think the only thing you really missed was
football.
Yeah, the last week.
But I made it back for prime.
So it was a very eventful last.
You know, we had last week we had the first weekend of the NFL
which obviously like a very important in America.
It's basically
Jesus football guns.
Those are probably the order.
Family may be fourth.
Definitely fourth.
Yeah, no one wants to have their family.
Definitely not on an NFL Sunday.
So when you take those things in perspective,
like last week, it was a very big weekend.
And NFL weekend did not disappoint.
It was blockbuster.
Very fun.
And in the in the last three weeks.
College football is stolen the spotlight.
So I would say even though I wasn't able to watch because of the
time difference.
The Monday night football game had the making of like just epic.
911.
Aaron Rodgers running out with American flag.
Against the bills who are obviously a contender.
And I saw that clip of him running out with American flag in New
York.
And then obviously we all know he got an injury that likely season
ending, but he's saying the career ending.
He thinks he's coming back for the playoffs.
But who knows?
But anyways, like I thought that was the makings of like I woke up and
I saw the first clip and I didn't know he was done.
Yeah.
You're like, you say, I was like, super pumped.
I was like, oh, Rodgers is going to go out and put four touchdowns in.
And they're the jets are going to be hot.
And then I looked at a stat line zero for one zero yards.
And I was like, what specifically?
Yeah.
It's funny is is I was wearing the green group chat hat.
Monday night, I'm boarding a plane.
And everyone was like, go Jets.
And I'm like, what?
And it's because you were in New York.
No, you're going.
I watched the game with Dominic until at 830.
You see, he was already out by then because he was out the first drive, right?
Yeah, it was done.
And so I went after the game.
So I went to the airport and everyone kept.
That's right.
Screaming at me.
Go Jets.
And I was like, what?
And I was like, they're like, what do you think about Aaron Rodgers?
I'm like, I don't give a fuck.
That's not my guy.
Right.
And then I looked at my head that this, the hostess was like,
you're a Jets fan?
And I'm like, I looked, I was like, no, this says GCP.
But it's green and white.
And everyone thought I was a Jets fan.
It was the most hilarious thing on the plane.
I land.
It's 530 in the morning.
Everyone's like, go Jets.
And I was like, what the fuck?
Because they won.
Yeah, I'm the way I watch the game.
I'm wearing with the result.
But you know, what's interesting is it's like
you took the first week in the NFL and then summer.
I know like there's a lot of baseball fans out there.
And it's like America's past time and blah, blah, blah, blah.
But like you just don't feel the energy of sports in the summer.
After the NBA finals, it is quiet.
I think major league baseball playoffs gets a lot of interest.
Excite minutes great.
But something happened this year in college football with Dion Sanders
who is the coach of the Colorado.
You know, Buffalo's that kind of like got a lot of people engage
and interested.
And we've been talking about it on the show.
And I think what's interesting is like one.
He has like this crazy background, right?
Like I grew up watching him play Epic 90s player.
Cowboys, Niners, Falcons played professional baseball at the same time.
Yep.
He also had a big energy about him with the gold chains and the dancing.
It was like way before his time in terms of like personality and sports.
Like people didn't have that.
So he was a commentator, coaches his kids high school football team
and then becomes the coach at Jackson State, which is a HBCU college
and ends up becoming the coach of Colorado University.
I don't think anyone really thought anything of it.
Like he was like, oh, whatever, like Dion Sanders, the coach.
The team had won one game the season prior.
111.
Yeah.
And I think the people discounted his son as a really good player
and some of the players he brought.
And he also said like, I think he said like our friend here, Solomon
from on the USC teams here.
Correct and wrong.
He said something like when he showed up the first day of campus.
He said, I brought Louis.
No, no, I'm bringing my own luggage because of transfer portal.
Yeah.
So you can.
NCAA rules now, you can just bring anyone.
Yeah.
So he's like my luggage, my own luggage and my luggage is Louis.
Yeah.
That's what he said to the beating room.
He's actually telling the team.
If you don't hit my standards, like we're out, you're out.
Yeah.
Let me tell you, I didn't see that much Samsonite there.
No, I agree.
And so, so whatever.
They win their first game.
It's a mega upset.
The second game they were favorite to win.
No big deal.
Saturday night, they have prime time, 7 p.m. game.
Which by the way,
horrible time for a college football game.
Even when USC plays at 7 p.m.
I'm so mad that the game is this late.
And what's crazy is so
prime time became such a national phenomenon.
I mean, obviously last year.
But social media kind of took it to the next level in the last 12 months.
Like we started seeing it when he was at Jackson State.
Like the speeches started becoming epic.
Everything started because escalating.
And then
they show up first game they beat TCU
who was in the national title game of the year prior.
They were massive underdogs and they beat him.
And we also saw the pre game speech.
Then we see the post game speech.
Then we they beat Nebraska.
Who's like obviously a perennial like just a relevant program.
And then
this time the opposing coach says something and he just
just well, the opposing coach basically said
you should take off your sunglasses and speak to people because it's disrespectful.
I was no, I was right.
No, he said I was raised when you speak to people.
You take your sunglasses off.
And so he with the genius of Dion Sanchez.
He manipulated those words to say that you're just respecting my mother.
Yes.
And he has mom at the pre game speech with the rock with the rock.
How and I heard the rock was there for three days.
The raw days.
So if you think about who showed up.
So
Dion became such a media phenomenon in the last.
Obviously I would say three weeks.
Like obviously it was huge.
We all know what I'm saying.
It's three weeks.
So every sport show showed up to Boulder.
Big noon kick off Fox.
Matt Liner.
Matt Liner and Urban Meyer and that group.
College Game Day, which is equally as big as the big noon kick off.
Then first take showed up.
Then
in the morning the game was until seven p.m.
College Game Day starts at seven a.m. Pacific.
I was watching it.
It's on godly early.
It's really early.
And
they have little Wayne before me.
What?
Game day.
And then little Wayne runs on the field and brings them on.
So and then the rock showed up
to game day.
Dion showed up on both.
He paid respects to ESPN and Fox.
Smart.
Right.
Like he doesn't know.
Maybe next year ESPN is going to be Colorado's program.
So he showed up at both.
Then offset was there.
And if you want him on a sideline.
Yeah, crazy.
Quiet Leonard was there.
And it was like, this guy doesn't even show.
This game.
That was the.
Colorado.
No, he grew up in San Diego.
So what is he doing at that game?
He grew up in San Diego, listen San Diego.
Oh my God.
And so I then the announcer was like,
Keith Locke is here.
I was like, what?
And so the game was until 7 p.m.
So this hoopla starts at 7 a.m.
What was what was little Wayne doing between?
Yeah, from 7 a.m.
Just 7 p.m.
Did you take a nap?
He will.
There's no way.
He probably recorded it.
He probably slept the night before.
Into the studio and then he probably slept.
Yeah.
And then he brought them out.
Yeah.
It was a total spectacle.
Yeah.
And by the way, just gone home.
I just landed just in time for the kick off of the game.
And the first drive, I think,
should do our Sanders through an interception.
And so Colorado State was charging.
And then the big sun does a pick six.
I was like, oh my God.
This is just chaos.
Yeah, it's insane.
So, so, you know, I think the more interesting thing about this is like
the sports element is phenomenal.
But, you know, on the sunglasses thing,
blenders, I wear, which is an I wear brand, very big I wear brand America.
Did a deal with Dion and release the Dion sunglasses.
Yeah.
And every, you know, I don't know if he released the numbers or who did it.
But it said it 1.2 million dollars the day before the game.
I'm sure I'm assuming it did more on Saturday and Sunday.
The guy's money making machine.
Yep.
And from what I saw was like Shador Sanders also.
Like, if I'm a watch brand, I'm doing a deal with Sanders tomorrow.
Shador Sanders.
The guy kept waving his man watch all day.
Like, it's easy.
These guys are making it easy for you to market.
Whatever you want.
Rick Ross, he did a TikTok like, I'm Shador.
He was even as much.
Great.
All right.
So, the chaos is crazy.
He's on Dion Sanders is on 60 minutes today.
Yes.
With Zelensky and Dion Sanders on 60 minutes.
So, but to like, like the hoopla was so crazy.
And the team was down 11 points in the fourth quarter.
And we were all in these text chats.
Like, yeah, I said prime time is matinee.
I was like, it's over.
Because by the way, this is my honest belief.
I love Dion Sanders.
I love him as an athlete.
I am a winner.
I only fuck with winners.
If you lose, I move on.
The team wasn't supposed to be good.
I know, but I'm just being honest.
There were 23 point favorites.
So, so there's a VC that you probably know.
He tweeted in the third or fourth quarter when they were down.
Like, oh, prime should be renamed to subprime.
Oh, fine.
You can tweet that if that's what you deleted it.
Wow.
I went and looked because I know people who know this guy.
And I was like, oh, is this your boy?
Why do you delete it?
That's a pussy move.
When I talk shit, I let it hang.
You got to take that out.
You got to take the hell.
You got to take that out when you're wrong.
Why is that the problem with like VCs?
The fact they're so worried about.
Oh, I shouldn't have that tweet up there because now I'm going to look like an idiot.
The real problem with VCs is if they have not been an operator in their life,
they don't know how to take a public loss.
That's a big problem.
If you run a business, I have so many public losses, lawsuits,
I mean, yeah, I'm like Google me bitch.
Like I got losses.
I got else everywhere.
So I'm not afraid to let it out there and be wrong.
Like I'm also okay with the smoke.
Like I'm also okay.
Like I will not be down with Dion.
But if this team wins, I'll be like, oh, day one.
What's up?
Like I'm down.
Yeah, no, in separate from that VC too bad.
You can't search it.
But if you want to ask me who it is.
DM me hop in the discord, hop in the discord.
Yeah, exactly.
And what I
A lot of like my friends that we're watching because Colorado, Colorado State 23 point favorites.
It shouldn't be something that we're all just locked in.
Yeah, we're all locked in by the way to 11 30 at night.
I think it's like midnight almost.
I went to sleep at 11 45.
Okay, so 11 30 and
it just makes you realize like that is the point of sports.
And you can't explain that to a non sports fan.
Why are we all cared?
And I think people who listen to this podcast don't live in America.
They've annoyed like I guess like if you live in, you know,
Australia and you hear about the Cowboys, you can understand the passion.
Neither of us with the Colorado Colorado State, no one went there basically.
Everyone lost their mind for this game.
Even like, you know, a lot of the a lot of our friends who have no
Everyone watched it, especially in college sports.
Historically, you watch college sports because you have some relationship to the college.
Your mom went there, your dad went there, you went there, your friend, whatever.
You have some relationship.
This has created an attention.
And my big takeaway is that like at the end of the day, sports, music,
so many things are about entertainment.
It is not that difficult to figure out, like take all the tradition out
because it doesn't matter.
Give people the biggest entertainment value, right?
Like, you know, it's very, this is an Elon Musk quote.
The most likely outcome is the most entertaining, right?
And Deon Sanders team winning from down 11 is the most entertaining outcome.
And his son leading the church, both his kids, both his kids.
His kids bailing him out is the most entertaining outcome.
So all that to be said, incredible, fun, entertaining.
But USC is there in two weeks.
Solomon, what's going to happen?
We're going to kick the shit out of him, right?
Yeah, they're done for.
Yeah.
So I got Solomon who, you know, people don't know what it's like to work at ghosts
or any of the companies we've had.
We expect high caliber people.
Yep.
No, no bums allowed.
And Solomon interned for us over the summer and came out and ripped three
sacks in the first three games of the season.
Yeah.
And it's, it's fucking incredible.
Congratulations.
Appreciate it.
And now, now the fun begins.
You got your pack 12 games ahead.
How are you guys feeling?
We're feeling good.
We're super confident.
I think we put together.
Like almost a, I want to say perfect.
But all three sides of the ball were, we're firing in our last game.
So we're super confident.
Are you nervous about prime time?
No, like not at all.
I think, I think I think they're more so like they get a lot of attention.
But they still got to play football at the end of the day.
I think, I think they're a lot better than they were last year.
But like they shouldn't be able to play with us.
Yeah, so they play Oregon next week.
They may get smoked, right?
You didn't you say they're like 21 point.
So Oregon is at, I don't know if Colorado is at Oregon, but they're 21 point
favorites.
Oregon is Oregon is 21 point.
I think Oregon would be a measuring stick.
And then we'll see, we'll see like what prime time is all about.
Because if we were thinking if USC was the next game after last
weekend, it was in that way.
Can you imagine the sidelines?
Yeah.
What do you think is is USC doesn't allow the fuckery we used to.
We used to under Pete Carolina Reggie era.
It was BET words.
That's what Dion was saying.
He's like, USC Colorado is going to be a T word.
We don't allow that anymore.
Yeah.
No, you guys don't know.
You have anyone on the sidelines?
Will Ferrell.
Yeah.
So like usually it's like maybe like one or two celebrities on the satellite.
The snoop gets to come.
Most of the time, I haven't even seen snoop.
And he's dying.
It's like, well, did his son go to your cellar?
Yeah, but he's still like, I mean, we had like little dirt on the sideline
and then the Martin Rosen was there.
Barney's a celebrity.
He's there again.
Yeah.
That's a cool celebrity.
But no, it's not, it's nothing like how Colorado had it that crazy.
It was crazy.
We live in LA.
That sideline should be you should have Kendall Kylie.
Try this guy.
Yeah, I want to have a little celebrity.
As you mentioned, went to Colorado had to fly private to go there.
No one's taking the South West to Boulder.
That's why point is they all live here.
Yeah.
Like you just take a private car.
No one lives in Colorado.
No, but nobody who lives in Colorado.
Nobody lives in Colorado.
And the crazy thing is when we play them,
I've had so many people ask me for tickets that have nothing to do with Colorado.
They don't live out there.
They're not nowhere anywhere close out there.
They're all taking flights.
So if my friends are doing it, you know, yeah, it would be super easy.
Well, congratulations.
I want to say though,
before Solomon left it ghost,
I told him first game, I need a sack fumble and he delivered.
So you got it.
That was good.
It was so good.
I mean, the last three games have been so fun to watch.
Incredible energy.
And obviously a playmaker and got the big games coming up.
Well, I'll be watching.
So Kathy, Solomon Bird,
BYRD for the last name.
Check them out.
I mean, USC Colorado will be probably national game.
That's going to be a party.
Yeah, that's going to be a big game.
I'm sure everyone will be there.
So look out.
Yeah, look at him for that sack.
And who do you guys play next week?
Issue.
They didn't they have like a bunch of interceptions.
Yeah, they got smoked.
Yeah, we're not worried about them.
We have better games ahead.
All right, guys, amazing.
The only thing I I kind of wanted to say was I took my
oldest son to his first football game today.
And awesome.
You had accommodations that were awesome.
Yeah, so you know, it's funny.
My wife was telling me she was like, you know,
you used to say if you're going to take our kids to sports,
you want to be in the nose bleeds.
You want to do this.
His first baseball game.
He's on the field.
He's in the most ridiculous box today at the Rams game.
Yeah.
And
ironically had field passes per our friend, Tarek.
We were late.
We didn't make it in time.
But yeah, I mean.
So I'm curious.
I cowsie you like if we'll fuck his friends at a school
probably all have the same shit though.
Yeah, he's never been experienced.
He's just never been experienced.
What we experienced is just I actually thought about that.
I was like, if you go with a school friend,
where's he sitting 30 airplane instead of 50?
Damn.
I was like, why do I have to look so far to the other side?
He wanted, you know, we were in an incredible box with everything,
but like he wants to be in the mix because you know,
that's what kids want.
They want the noise.
They want the chaos.
I'm just glad he likes it.
Yeah, it's cool.
We ran to home.
We watched a game in the car, the fourth quarter,
because we didn't want to get stuck in traffic.
And we watched the Dolphins Patriots game.
The fact that my kid likes football feels like a win.
Incredible win for me.
Yeah, no, that's great.
But yeah, he has no sense of normalcy.
No.
I mean, baseball games on the field with that all star.
Getting a bat bat.
Well, Miles, he turned down the bat.
That's a spoiled dumbass.
I don't want the bat.
The irony is is we didn't I didn't take my youngest
and my sack.
I'm not going.
I'm not going.
I was like, no, you ain't going home.
You just sit your ass.
Oh, there isn't much.
There's no escalation from what he's already experienced.
What do you mean?
Like the best sweet at so far, which is the best stadium in the country.
Yeah.
And then being on the field at the outer stadium,
meeting all all stars.
Yeah.
Like what else is there?
What are you six?
Yeah, it's only up from there.
Like, what does he have to do throughout the first pitch?
Yeah, I mean, he's got to be on the field as a play.
He's got to play.
It's only thing that he has to play.
Otherwise, kind of disappointing.
You know what the funny thing about Dion Setters is he does like
where he ranks his children.
Yeah.
Which is like the antithesis of what parenting is about like
favoriting any of your children.
And he said, like,
Dion Sanders, Jr's number one because his social media has exploded.
Chadoras to his daughter's three and then Chalo's four.
And do you know what's even
what's worse is like his first Laker game.
I know where his seats are going to be.
Yeah.
I'm going to maybe Laker game will put him some of us.
You just put him in 300.
Yeah, 300.
You just started out 300.
I don't know who's playing.
I'm like, all right, that's good.
Yeah, he's going to be he's very fortunate child.
Hopefully Miles has some friends of equivalent stature.
Otherwise, he's not going to have the same experience.
Miles and the nose police.
Miles is living a totally different life.
All right, let's get into some news.
We both should enough.
All right, I think the big news of the week
are the continued strikes in America.
So there's a stat that came out 4.1 million days of work last month.
I've been lost the strikes.
The United Auto workers went on strike and that's GM.
That's Ford Chevy, all these companies.
And I think like
historically these people have had a tremendous amount of leverage.
And when you start seeing what people are breaking down,
like how much money they're asking for compared to
what Tesla manufacturing employees are making, which is $45 an hour.
It's a really tough situation.
The UAW is in.
Yeah, I think there's like a principled version of the story
and then there's economic version and they don't match.
Yeah.
Because you obviously want these workers to make wages that are livable.
If not, you know, how much time they spend and
but then you look at the math like
most car manufacturers don't make that much money.
Yeah.
And because we bailed them all out in 2008,
nine.
Everyone's like, well,
the executives got bailed out and made all this money to warrant the workers.
And I get that argument.
So unless we just
subsidize these businesses as like government businesses and say,
like you get this.
The nationalize the businesses.
It doesn't
add up from a private.
Yeah, you know, enterprise.
Yeah, I think I think
there's actually Barack Obama wrote like a tweet.
I don't know if you saw this.
I did.
Saying like, you know, we we took care of the manufacturers back in 2008,
nine.
Now it's time to take care of the workers.
Principal, it's right.
Yeah.
And then Shamath wrote like the math doesn't make sense.
And he said, and it's what I just said.
Like the principal argument I get, like, yeah,
it sucks that workers aren't getting paid.
But they are.
I mean, like they're getting paid, but they're getting paid.
The demands are a little excessive in my opinion.
Yeah.
But
he hears why the demands are excessive.
Because alternative is Tesla.
And Tesla has a car now that every damn near every American can afford.
That is the problem.
So at the end of the day, we're not a socialist country.
We're not communism.
It is not fucking equal for everyone.
It is capitalistic.
Tesla found a way to deliver a high quality car
that so happens to be electric
to the consumer at a price that works for everybody.
That is screwing.
I mean, like GM can't compete with that.
Ford cannot keep compete with that.
So if that is, if that is what's going to happen,
and they're going to strike, they're screwed.
Because I think it was all the same.
Most Americans just take a Tesla.
By the way, oil prices through the roof, which means gas prices.
Like I have to fill up gas today.
It was 650 a gallon.
Yeah.
I have two gas stations near me.
One was 609, another one was 669.
Yeah.
Let me tell you something.
I did the shack.
I was like, I'm doing $70.
$70?
Whatever shack does $100.
Yeah.
I was just like, whatever I get for 70 bucks, we're moving.
Yeah.
And so just if you, this is so similar to the SAG situation.
Where you're not in a position of leverage,
and you have an alternative.
You know, the riders in Hollywood have been on strike for four months now.
I think mayor June, so yeah, four months.
And what is simultaneously happening?
So you have this streaming industry that kind of became the biggest thing in the last
five years.
Then you saw in the last nine months the beginning of AI.
And whether you believe it or not,
it makes clear sense that you will get leverage from AI.
100%.
You still need the creative, but you can,
yeah, you can leverage the rest, but you need a leader to use the prompts
to basically create something.
If you take the leverage streamers have AI,
SAG doesn't have much log to stand on in my opinion and writer's guild.
If I'm a, if I'm Netflix Disney, I'm dragging this shit out.
Why not?
Right. They should.
You should, right?
Then you have what's happening in the office.
The difference with the auto industry is if the workers,
because the argument with the studios is they have enough content to basically bleed them out.
Yeah, the auto workers and the auto companies, they still need to pick cars.
Yeah, but maybe Tesla just wins.
It's over.
They may win, but for 4 GM, they're not making cars the last week, right?
Yeah, because they've been on strike.
So that, I think that they get to the table quicker.
Yeah, I think, I think you're right.
I think, I don't know.
Maybe they don't.
I think America's at this weird intersection of like,
we believe we are right and corp.
So many people are talking about Mary Barra's compensation.
How much money she made, like 20 something on million dollars.
She's the CEO of Ford or GM.
And GM, I think, and they're using that as the proxy of why they should earn more.
And I'm sorry.
Like if you've never been a CEO of a company,
there's a reason why they earn that much money.
You can bitch and complain.
You will never fucking win that argument.
What a CEO.
Don't you think we're in a dangerous place, though, in terms of just the way the countries.
It's we're becoming more the halves and have nots.
Yeah, I think we're like any other country now.
No, no, yeah, but I guess the difference is this like
income mobility is less likely as every year goes on.
No, I actually disagree with that.
I think there are that that's why we have that's why we had Trump.
Yeah, and that was eight years ago.
But I think the problem is is that
people that run the United out of workers are looking at like housing costs,
inflation and saying they deserve more.
But it's not like they're earning $15 an hour.
These people make six figures.
Yeah, but if you think about just the real issue is what costs the living is and income
wages don't match.
Like the income wage acceleration.
Not where these cities are.
But the income wage is nationally and housing costs, housing affordability,
sending your kids to college, sending your kids like college costs and income
wages don't match that definitely at all.
And what's the only way to like elevate yourself is getting, you know, education.
Yeah, I think the problem is is that like
the government who wants to now step in the White House is going to step in.
They're not stepping into the place they should be stepping in.
College tuition is the easy thing to fix if you're talking that from that perspective.
Like an access to college.
Yeah, like that's an easy thing to fix.
There's plenty of the best institutions in the country are public institutions.
But they're taking every kid's money too.
They're giving them shitty loans.
They're taking they're taking their people for a ride too.
So I find it difficult that like
it's going to be I just think we're in a weird place because I think the
there's why did the jig is up like this per charade that America has been playing
with cost of things increasing with for no reason like tuition going up for no reason.
Why are gas prices up for no reason?
So I mean, so what if you think about how much the government
waste like this fighter jet we're going to talk about.
It's a $81 million jet.
We have no idea where it is.
I know where it is.
It's called Mika nose.
Okay, that's where it is.
But my point is we're getting closer and closer where the government's going to
have no choice but to just nationally subsidize a lot of these industries.
I think that's where we're heading.
That's why no one cares about the debt.
No one cares about anything because we're just going to head there.
I think we're heading there.
I mean, we spend when you spend $766 billion a year on military.
Yeah, annually.
And we're not in war.
We're not in war.
We as a country.
Who are we in war with?
No, fucking nobody.
And how can you, if you're an auto worker, I would, I would be like,
pay me.
I'm making cars that Americans are driving.
Right?
Yeah, if you look at the budget, yeah.
We're making aircrafts and no one's using.
Yeah.
I mean, you see, can you find them?
Right.
The military budget is just, it's all fraud.
Anually, $766 billion.
And we aren't in war.
Mm-hmm.
I'd rather give that money to the NFL.
I don't think they need it.
They're fine.
No, but like, whatever, give Patrick Mahomes a billion a year.
He deserves it.
Who brings more joy to America?
Patrick Mahomes or the US?
Yeah, but aren't you?
You're talking about like an elite performer.
I'm talking about the average worker.
I would be so frustrated if you knew that.
They know that.
I don't know if they, they like, you could Google it.
But like, I don't know if they're thinking about it like that because
I think if you're listening to like tons of podcasts and
YouTube, the military industrial complex is getting exposed,
like it never has been.
Well, I mean, I think it's not only in military, it's also the health care.
It's everything.
Everything's a joke.
Did you watch Bill Gurley's talk at all?
I saw people posted it.
What's it about?
It's fantastic.
No, it's about right.
Yeah, regulatory capture.
Yeah.
And how the government and market Jason, to be fair,
he, he did a great job, Bill Gurley did.
Mark and Jason Benemarowitz did a YouTube like three weeks ago,
basically saying how regulation just helps the incumbents.
Yeah, of course.
So
Dodd Frank in 2008 was like, oh, we need to like make sure the banks are
not too big to fail.
They only have the banks banks.
It all it did was make the biggest banks bigger.
And regulation is always lobbied by the biggest companies.
So who's asking for regulation in tech?
It's Facebook, it's Microsoft, it's Google Apple.
And then now in AI, it's Sam Altman, getting in front of Congress,
saying we need regulation, we need a regulation.
Cause once the regulation happens, you need lawyers.
Yeah.
You need and only the biggest can win.
You know, you need to count.
You need all these people that can actually defend against the regulation
that's being so it basically stifles innovation.
And he goes through a whole different like through Farma,
COVID, like how COVID tests in Germany were 75 cents in the same test
in the US was 12 bucks.
Yeah, it's game.
So
COVID was the biggest scam in American history.
No, but COVID was just another symptom of what happens in all sectors.
But it's the only reason it is elevated in your sense is that we all dealt with it daily
cause we're not dealing with dog Frank daily.
We're not dealing with whatever.
So I agree with that.
I think that like what we saw was to the extent
how inefficient things are, right?
Like whether it be the COVID test, what the American government paid for
COVID test and COVID vaccines.
And then what we saw was fraud on PPP and fraud on PPE.
And now even the employment retention credit, which was there to help businesses
that kept employees, they're going to pause because too much fraud.
Like we, we don't have the controls in our system to actually reward the people
in the system, right?
Like everything is always taken to this extreme where it's like
we know as soon as something comes, I thought it's fun.
I wonder if this because these now
really smart guys like Bill Gurley, Mark and Jason Benhorowitz that are just publicly
kind of exposing what I kind of think that leads to you.
But average people didn't know and now these are getting like millions and millions of impressions.
There's nothing. You don't think it changes anything, nothing.
There's nobody's who's Bill Gurley.
You should have Deon Sanders do it.
No, because I fuck with Bill Gurley things.
No, my point is it's just happening.
Joe Rogan's talking about this, right?
Joe Rogan. So Joe Rogan could is someone that actually has.
Joe Rogan talks about the military and industrial complex every episode.
Okay. But like I think it's, I think it needs to be very detailed to what extent
because I don't think people realize to what extent it's easy to just say,
oh, politicians are this CEOs or that.
We need details.
We need very explicit details.
What exactly are you talking about?
If you explain it to us with details, we can maybe accept it.
But how and what I guess in what and who delivers that message?
Yeah, but I guess in what context does it actually help change?
I personally don't care.
Yeah, because like as long as the politicians are the ones making the policy.
No one gives a shit.
Like actually gives a shit. Who cares?
Who am I be able to actually watch Bill Gurley's speech?
Nobody.
No, I know that, but I'm just saying.
He's, it feels like, I don't know, maybe I'm just consuming different content
because I never heard people talk about this 10 years ago.
Okay, all I know is that everyone talking about Deon.
No one's talking about Bill Gurley.
But even Mark and Ben, they have a pretty big I know they have a big reach in the bubble.
They do not like if you if you actually
Okay, so they're doing it in a very detailed way.
Yeah, where you can actually like, but Joe Rogan is doing the same thing.
I know he did this about Farma. He's done this about.
I think he clearly meant an impact because people are questioning COVID vaccines.
And I would say he is one of the main reasons.
And the opioid crisis.
He's the one that's been talking about the most.
And I think it's come to light.
I think those two topics, it's it's people like him.
Like it's people that Joe Rogan's talking to the average guy.
Yeah, that's my point is that I don't think I would guess that very
you actually want to instill change.
You got to go to people with real reach.
Not no one wants to hear from an old white male from Silicon Valley.
I'm just telling you, like they don't give a fuck what they think.
I agree with that.
No, I agree.
I think it's just a way to learn about it.
Not to say that it's going to affect change.
Yeah.
Because you brought up like, I mean, it's just fascinating.
Like this company called Epic that does health records that incentivize
doctors to use their software.
They pay them $40,000 each.
Each doctor got $40,000.
And I think it totaled like 38 billion.
But then they became the de facto health record company that the US government
said every health care facility has to use.
And then on top of that, if you didn't have the software that they had,
you got fined.
So all the upstarts got fined 150 million, 200 million, 50 million.
And it was just like a total monopoly that and it was actually
the CEO was an Obama advisor.
Yeah.
I mean, like if you look at the Obama administration and you look at like
government spending in the military and pharmaceuticals,
it was fucking reckless.
Well, all administrations, all administrations.
I'm saying, but like it dates back to the, yeah, bushes, Clintons, everyone.
These people are all complicit.
They're complicit in this stupidity.
So I'm like, look, I mean,
Clinton Bush, I think was just run by outside operatives.
So like I throw that eight years away because it wasn't him.
But if you think about Clinton Obama,
they were obviously very intelligent people.
Do you think they just show up and they're like games too complicated?
We just have to play it.
No, you don't get to power by yourself.
You don't, you never get to the, you never get to the promised land by yourself.
You get there because of help.
And you're saying they just return the favor.
You have to.
Everyone's addicted to power.
You get to be the fucking president of the United States.
I know now it's a joke for the president of the United States is the last ten years.
But like historically, being the president of the United States
was being is the most powerful person on earth.
If you get to that position,
you think you get there because you're just a great guy.
No, you don't, you, you, oh, you.
Oh, that's how every, everyone who is in a position of power.
It's, it's like, so if you were to talk to Obama candidly,
if he was off the record, what do you think he says?
Like, yeah, I just had to do all this stuff.
Which part, the drone strikes?
Which one?
Just then in.
Just think I think you don't even know to separate it at this point.
You actually inherently believe it was the right thing to do.
I was protecting us from ISIS.
Osama bin Laden was over in the corner there.
I have to get him like, well, you had to get him.
Yeah, but I'm just saying like you can't even separate.
You just can't the reason why I am talking about Obama specifically
is because he kind of came from community organizer,
state senator, senator for two years and president.
Yeah.
So he definitely was like very principled,
given the way he started his career because he was obviously a Harvard
law grad could have gone and become a millionaire being a lawyer.
Yeah.
And he decided to be a community organizer.
And if you're willing to do that and not make a lot of money,
you clearly have values and principles.
And then you become the president of the United States like six years later.
And then you have to deal with, you know, this advisor that's saying,
Hey, we need this health records company to be a monopoly.
You toss it off the wish.
Like, whatever fucking I'm president, don't give a shit.
I don't know.
I'm just curious.
I like Trump and Biden.
Let's remove them.
I'm just talking about him because he actually came from like,
I really believe he came in with the right intentions.
Maybe he didn't.
I don't want to burst your bubble because I love him too,
but maybe he didn't.
I don't trust anything anymore.
I think everyone's full of shit.
I think everyone and inherently the problem is
I'm going to sound like a cynic and sound like, you know, a person that doesn't want to
believe in the good and people.
I was that person.
I believed everybody who got into politics,
all they cared about was their constituents, their people and now I don't.
I fucking think everyone and I think the problem is is the
higher I get in society and access, I lose all faith.
Yeah.
No, I think even on our trip, we talked about stolen money.
I got it stolen money.
That's stolen money.
And the funny thing is is even if you're listening to this podcast, you don't
even know what that means, right?
You mean to break it down.
It's like, oh, United States sent aid to Ukraine.
That went to some politician that ended up in mecanos and on his birthday.
That's not what happened.
But my point of stolen money when I'm when I'm saying that is like you go to these
these parts of the world where like people are partying.
And in those countries, you can't make that kind of money without stealing.
Yeah.
And stealing meaning like you know the president of that country and you got
that you got the contract and you now have the yacht.
Like, I don't think that's much different than America.
That's it's not, but we made it civilized.
No, we made it civilized.
I think America is both.
Yeah, they're stolen money and then there's an entrepreneur who can make it.
Because we know enough entrepreneurs that have made it from zero.
I think about how many people we know, yeah, yeah, I've literally come from zero
that did not have any connections, any hookups and they made it.
Yeah, yeah, I'm so that's why you can still do that.
You could still steal money in America.
100% you could still steal the Sackler stole.
Yeah, right?
A lot of people did.
I'm saying America is a nice blend of both.
There's blend of both organic and ceiling.
We can tell you firsthand how many people we know that made money from zero
and we know their backgrounds.
We know who their families were looking to everyone now.
You think the backgrounds are fake?
It could be, it could be all fake.
Maybe, but there's enough stolen money.
I'm investigating everyone.
Okay.
Well, let's see, I think all that to be said,
the strikes are very scary in America.
There's millions of workers that are going to be affected by United
Auto workers strike, the Sack strike, the right to strike.
Hollywood is obviously in a very bad place.
And there's no update on the Hollywood strike.
You actually know, I know most friends, what's he saying?
I mean, I, you were just at the game with them.
I was at a game with all Hollywood people and he's like, I mean,
I'm talking like presidents of every studio.
They were all like, man, I need a new job.
Like, you think the suite was paid for?
Yeah, I mean, not, not by them, someone else that left Hollywood.
Yeah, exactly.
I think the, I, it's fascinating to see like two mega industries
that have been affected by technology.
I really believe Tesla had a mega impact on UAW.
Look, I actually do.
Like they all, every auto company went all in on EV.
They had to.
They had a choice.
By government mandates tax tax rebates and then competition of Tesla.
Tesla spent the last 15 years figuring it out.
But Tesla also, let's be clear in the beginning had massive tax subsidies.
Of course, they just, they got it ahead of everyone.
And they, and it just, here's the reality.
The Elon Musk book is out.
Everyone's learning more and more about him.
The guy's a beast.
No, there's the undeniable.
It's not Henry Ford running for today.
It's just not.
Whoever was running GM Ford Toyota are not, if they're competing with Elon Musk,
they have no chance.
There's zero chance.
That's, that's what the sad reality of what's happening in media and happening.
If you're against a founder that is like mission driven, you're fucked.
You're totally fucked.
Because Ford is optimizing for an operating margin.
Elon Musk is not.
Yeah, no, I mean, he's gonna win.
Yeah, he's definitely won.
He won. It's over.
It's over.
So you have no insight on what's going on with Hollywood straight from the game.
Basically, everyone said by like October, if it does not happen, then it's still next year.
Because we know no one works in Hollywood after Thanksgiving.
Yeah.
So you need in October to in like three weeks.
Yeah.
Well, no.
Yeah.
Which is insane.
So no one's earning the money.
The people that in your members tent box, no one's earning a check this week.
Those people are not going to be affected.
I know that.
But the average person that works in entertainment has been immensely affected.
Yeah, no, it's a.
It's very tricky.
I don't know.
Yeah.
No one's going to bail out Hollywood.
Let's be clear.
I think the auto workers will be fine.
Yeah, auto workers, White House is involved.
They'll be pressure, maybe throw up Ford and GM some tax subsidies.
It's an easy solve to forgive GM and Ford and like you want to be cynical.
Those are all massive voting bases.
Yeah.
Where these states, they determine the lake.
Biden is a union guy.
Yeah, like he's very pro union.
If he's going to run for presidency, he needs these anyway, either side has to support it.
Yeah.
You can't go against Wisconsin, Michigan, Ohio.
That's basically all the matters to all the matters.
Five states matter.
Yeah.
All right.
Best of luck.
So the Marines, what did they do?
They lost the jet.
Yeah.
So I guess I think it's Charleston, North Carolina may have butchered.
But anyways, the pilot had to eject.
And I think he's in the hospital.
This is as of like tonight.
I don't know what the medical update is going to be by the morning.
And no one knows where the plane is, 81 million dollar jet.
And they went on Twitter to say, can anyone help us find this jet?
Why do we not have like capabilities of finding this 81 million dollar plane?
If you have an 81 million dollar asset, don't you think you'd have like an ability to at least a
track it be have eyes on it to make sure you know where you're 81 million dollar asset.
This is what I'm saying.
But the if you're an auto worker and you hear this and you're like, you're not giving me my race.
Yeah.
You know what?
It doesn't matter.
The auto worker is not going to hear this.
What part anything?
They're going to know about the story.
I do not understand the level of dysfunction that's happening at the government level.
They've no idea.
And anyone who's benefiting from it is never going to talk about it.
No, you're not incentivized.
Yeah, Bill girl gets to talk about it because he didn't make a money off of it.
Yeah, and he is already a billionaire in the space.
He's like, I know Washington will never invite me anywhere now because I'm talking about this.
He's been 15 years on this presentation.
I mean, that makes me lose confidence in who he is as a person.
He said 15 years, 15 years.
You better win the Super Bowl.
Let me tell you something.
He said he kept updating it over the last 15 years.
And this is the first time he presented it.
I will listen to it, but 15 years.
It's not a 15 years like presentation.
Yeah, I would say six months.
Like if, you know, Shadour Sanders wins the Super Bowl by all right, 15 years, whatever you win it.
It's good, but I don't get it.
15 years.
That's a Silicon Valley.
You got to create the trauma.
Yeah, 15 years.
Do you lose credibility with singship like that?
I agree, because the presentation was good, but you probably could have done it in like three weeks.
All right, next topic.
Pirating on TikTok is a while.
So let me tell you something.
When during the blackout, I couldn't watch ESPN.
It was like the first week in a college football or second week of college football.
I watched all the games on TikTok.
You just go for a live.
Someone who's like, just Google the game.
I mean, searched on TikTok.
The game I wanted to watch.
Let's say it was like Florida State and the game would show up and some like 12 year old kid is streaming the game.
That's what you could have done on Facebook.
Like I remember 10 years ago.
If it was like a fight that I didn't want to pay for.
I would just go on Facebook, search it and someone's streaming it.
All the Jake Paul Logan Paul.
I do all that on TikTok.
Like Javier and the boys, that's all they do.
Yeah.
Why not?
They're the core audience for a Jake Paul fight and they're just streaming it on TikTok.
Yeah.
It's very committed because you just put on your TV.
I think there's a general challenge here with like media and e-commerce.
We're like, what you could do on TikTok, Timo, Sheen, all of these platforms.
You could basically get access to things.
You shouldn't for either free or a lot less money.
Yeah.
I mean, it's a massive problem.
And this is part of the reason why studios are striking.
The workers are striking.
So you're like, when are you making money off any of this stuff?
Yeah.
And so to that point, that's a government issue.
Because I don't think private enterprise can solve that problem.
Like the streaming of illegal content on TikTok.
How is a private enterprise going to sit down?
How much economic value do you think TikTok, Sheen, Timo have destroyed in America?
Like from American companies that could have been captured.
Trillion dollars, one trillion bigger than the defense.
And I know we've talked about this like ad nauseam.
So it's like we're a broken record.
No one's doing anything about it.
No, nothing.
Instead, if I were you listening to this podcast, I will, I would highly encourage you.
How to figure out to work with TikTok, Sheen and Timo.
But you know, they're not going anywhere.
They're not.
Our government is a bunch of fucking morons.
And you are, they're never going to get shut down.
You should go all in on this.
Even like what we're talking about for pirated movies and paper view fights on TikTok.
That itself is a massive industry.
I mean, if I were you if pop patrols coming out this weekend, go out to movie theaters,
stream it live on TikTok, build a following.
Yeah.
You should.
There's no point.
They do not, they, it's untouchable.
Again, the poor work auto workers can't get it raised.
If I'm an auto worker, I'm illegally streaming movies.
That's your side hustle.
Yeah.
You have many views you're going to get if every time you're going to TikTok,
you had a movie, you had a sporting event, whatever going on.
Like they're not shitting it down.
No.
So, yeah, I guess the hustle is you have to pay the 50 bucks for the Jake Paul fight
and then you just live stream it on this custom acquisition.
Yeah.
And that's how you get a customer.
I've been on this little TikTok stream watching like a Jake Paul fight.
I think there's like 150,000 people.
You think that person got followers?
I followed that person get sell something.
I was like, anyone I appreciate you holding your phone still for the last hour.
I'll follow you.
Yeah.
Yeah, no, it's wild.
Absolutely wild that we're actually at war with China.
And we just are letting Chinese companies destroy us.
There's an article in Axios that is reading on the way over here that
someone senior at the FBI was basically saying the Chinese spies are just
out dueling us right now.
Yeah.
They're everywhere in America.
If any Chinese spies want to come on the pod, we'd love to have you on.
You guys have done the funny thing is like I was reading that and like
they don't even need Chinese spies.
We do.
We're just letting them free.
Yeah.
Yeah.
What is it?
What's a Chinese spy accomplishing that TikTok can't?
The Chinese spies must be so bored.
This is like, man, this is easy.
These guys are idiots.
They probably are just so bored.
It's like, I don't know, we should go figure something else out.
Yeah.
I mean,
we have spy wearing all of our phones.
What does the Chinese spy need to be here for?
It's unsafe for the Chinese spy.
He may get caught.
Yeah.
It is unsafe.
You're Chinese spy.
There's no reason.
Come on.
You guys are doing what?
By the way, there is a new iPhone coming out.
iPhone 15.
Did you guys hear about that?
I don't know.
I did.
I'm it was there.
He gave us a full break.
What's going on?
I'm not kidding.
It looks stupid.
I don't think, unless your phone is like three versions old,
I think you're fine.
Yeah.
Who's buying that?
And it's something about the universal plug.
Yeah, well, they got the USB-C cable now.
It does your laptop.
Yeah, it's the same cable.
I don't like the games these guys play with the cables.
Yeah, that's just.
It's a mouth.
It's a regulatory capture that's Apple capture.
Yeah, they make you keep buying cables.
Yeah, I must spend $1,000 a year on cables.
Can I tell you how bad I am when I travel?
Because I take red eyes and take six amp lights,
I'm in a days when I leave our hotel room.
So
third Friday morning
it took a seven amp light.
So I woke up at four or five.
I was out to 12, one.
So I slept three, four hours.
I leave.
I come home.
I don't have my electric toothbrush because I travel with that gone.
I left it left my Apple charger.
Left my what else I leave my shaver.
So would you do go to CBS and everything or whatever?
I just got home.
I have my I just use a regular toothbrush having shaved.
And it's been very hard to charge my phone all weekend.
I take my wife's charger.
Yeah, Apple capture.
Now you have to go buy the charger tomorrow.
I need all these things attached to my back.
That's an invention I need.
Aren't there's a smart backpacks that do that are stupid.
Yeah.
All right, anything else?
We have a big week.
See, so inflation came out,
inflation data came out this week last week.
Inflations on fire.
Gas prices are driving 50% of the inflation.
Everything else is telling off, but now gas prices are going up.
Obviously, Saudi and Russia are toying with it's a political move.
They're cutting production.
Saudi Arabia does not need to cut production.
They can happily keep producing, but fuck it.
Cut it.
Increase the level of a barrel of oil and see what happens.
Interest rates.
Fed is about to have their meeting and decide what happens.
The treasuries rising as we speak.
So that means the Fed's going to raise.
Yeah, yeah.
The treasuries like
very high over the weekend.
Okay, so that tells you everything.
Federal Reserve is going to raise interest rates.
It's just baked in to be clear.
I mean, I don't know if September was baked in September was not baked.
The quarter, the quarter point was baked in.
That's this week, right?
Yeah.
I think everyone expected that.
I don't think people realize like this is a rocket ship.
So interest rates are a rocket ship.
I heard a snippet of
because Amanda was listening to the podcast like on and off throughout the day today.
And I'm just hearing it.
Well, we're walking around with the kids.
And I heard drama.
It correct me if I wrong.
He's like, oh, the people in I know in real estate say everything's
Hunky Dory.
Yeah.
Did he say that?
Yeah.
I mean, it's absolutely false, but that's residential real estate.
No, but like, I don't know what real estate he's talking about.
Because from the people that I talk maybe they're a real estate of mine.
They're not they're not in a real estate mine.
Because everyone I've talked to says this is worse than 2008.
No, it's not from an institutional real estate perspective.
Not a single family.
He knows single family home like the guys that have like their pictures
on their fucking bus bench.
That's different.
So they're not in the real estate business.
They just own a home.
No, they're like an agent that sells homes in the back.
Those people are fine.
They're not struggling, but institutional real estate is is in a depression.
But he's not dealing with institutional real estate.
He's dealing with black.
That's like, I'm talking about hundreds of billions of dollars.
Yeah, but he's talking about like a guy's making 50K on his flip.
Yeah.
Okay.
People are fine.
That's what I heard that I was like, is he out of his mind?
Yeah.
He is.
That's what he thinks.
That's his reality.
Yeah, that's like, but that's not.
Oh, wait.
Oh, wait, people were losing the average single family home agree.
Right now what's going on is the institutional real estate is in
a complete catastrophe.
Yeah, but we know we don't care about them.
You don't have to care about either.
My point is, that's where the capital actually is.
Yeah.
And the effect of the economy is both.
I think it's both.
I think it's just one.
Have you heard Ken Griffins interviews the last week?
Yeah, he's been doing a little tour.
So he's got a trade.
I'm sure he's got a trade.
What's his trade?
I don't know what his trade is, but this is what he's like saying.
He's saying that when you raise interest rates as quickly as we have in the
last 12 months, it takes about a year for it to hit the economy.
And he's saying that we're slowly seeing it in jobs.
We're slowly seeing it in consumers,
deciding not to spend on these inflated rates.
And you know, he's basically said like, Hey, you know, I hope for a soft
landing, but I don't know.
This guy's like the smartest investor in the world.
So what do you read from him doing that?
Is he trying to lobby the Fed to cut rates?
Or does he have a trade that he's got a short or what is he doing?
He didn't do that interview on CMBC where millions of people,
it's literally millions of people have viewed the interview on clips.
I think his motive is that I believe everyone of that stature has a
motive for doing an interview.
I actually think they've already all bet on the downturn.
Like the downturn is here.
We just the US government
does not want to accept the downturn.
They're going to keep showing these fake fucking reports,
showing job growth is that GDP is growing.
But the stock market hasn't gone down.
No, but they're all betting against it.
100%.
But everyone bet against it in January and they got fucked.
The hedge ones got fucked in January.
Not my not my man can.
No, they actually underperformed this year really in 2023.
They've underperformed.
So you think he's just pissed?
Yeah, I don't think they're wrong.
I think they're just delayed.
They don't lose.
What have they ever lost?
They never lose.
I know they don't lose in the long term, but
I'm always very suspicious when someone of that
that he doesn't do interviews that often.
I just don't believe that he is saying the other, the other way, which is
I don't think he's betting the other way.
There's no data to get you comfortable unless the Fed cuts root pauses.
Not even cut short.
Did I have to cut at this point?
Just pause.
You get an IPO.
Is that arm?
So there was an IPO that came out last week.
I was called arm.
It's a semiconductor company out of England.
And it was a private company.
It used to be public.
Softbank helped take a public private.
Softbank owns 90% of it.
It popped 25%.
I don't even understand that.
Oh, do you want a take?
The only way it's it's 100% and incentivized by softbank
to make this company pop feel 90% of it.
They're going to dump the fucking stock.
They're going to get liquidity.
It's known that softbank is dumping the company in the public market to get liquidity.
Yeah.
That is the you're talking about get rigged.
This is rigged.
Take away from me canos.
You saw the friends of mine.
A lot of people in tech that kind of find people from both sides.
Corrie fraud.
Thank you.
I this motherfucker.
I know.
This is like it isn't joke.
I I mean.
This is the one thing I know how to do.
I don't know how to do much.
But when I see fraud, I know Corrie was fraud.
They basically said it's a commodity.
It's like they're just holding they're holding company for chip allocation.
There's no tech.
Obviously.
And black stone, black rock, whoever.
It was a big conversation in me can us.
I think I need security.
I need very I need to get the guy that messy has that guy's done when he's running with you.
Yeah, that guy's great.
I need a very I'm look I'm in the market for very high profile, very active security.
I'm too good.
It's just I was the first before all the Twitter.
I mean, everybody listens to this podcast.
I knew it was.
Yeah, I know I'm sure we're going to get tweets like our core weaves real.
But it's not real.
Yeah, you know, the people that I was with they're in the know.
Yeah, I I don't even need to be in the know.
I'm just that smart.
I could spot fraud.
You're like something I'll tell you is fraud.
I'm Michael Burry.
Yeah, but he's about everything.
He's wrong about a lot though.
Okay, well, he's in anything.
I'm not him.
You're like the Chano Sky.
He shorts everything.
He's been shorting China for 20 years.
He's lost a lot of money.
Yeah, well, that's not me.
I'm usually right.
Chano's is a great Mexican restaurant in the U.S.
Probably the best nachos I've ever had in my life.
When I say core weaves are fraud, there's like it's not a real business.
Yeah, of course.
Like they're not like fraudulently making up their numbers.
They're like, there's no hack.
Yeah.
All right, on that note.
It's great to be right.
Welcome back.
We have some shout outs.
We have from E to Nabil.
Hey, group chat reaching out to see if I can give a big birthday shout out to
our fellow Kathy Nabil.
We both turn 26 this week.
Want to wish him more blessing on this new chapter.
And another congrats on his move to Florida.
Big things are on the horizon.
Thank you for group chat for getting us through our weeks.
Shout out Nabil.
Next from Josh, Kimberl, shout out to drama from the chatty,
Kathy club members.
Superglots have drama as an active member in the discord with chatty,
Kathy club members.
His insights and banter in the discord.
It's always appreciated.
That's a good one.
That's good.
From Ethan and O shout out.
StubHub for allowing us to buy Drake tickets for Austin show.
No problem.
Fuck ticket master because all their tickets are fake.
Wow.
Wow, I didn't know ticket master selling fake tickets.
I've been screwed by sea geek.
Not stubble.
Fake tickets.
No, so my seat geek experience was we bought three tickets and they only
delivered two.
And we'd already invited the third friend.
Was it delivered digitally?
Yeah.
But we'd already invited the third friend because we thought we're
getting three tickets.
Coco.
Okay.
And so she's screwed.
No.
And then I had to like resell those and buy and get ripped off on other
tickets.
Wow.
But imagine that.
That's really shitty.
I'm sure it's in their terms and conditions like they're not guaranteed.
Yeah.
But like you're planning this like and it was planned like a month ahead.
Yeah.
Crazy.
All right.
Last one from plan D hydration.
Love to shout out the plan D team and getting us a tub to D and hopefully
he's been nice enough to share with the rest of the guys in the pot.
I have not shared this plan D plan D is my new favorite.
So we all remember liquid IV.
Yep.
Give you the powder, the hydration and liquid IV was great.
Plan D is that no sugar.
And instead of using stevia, which a lot of these new hydration sticks use.
Which I don't particularly enjoy the taste of stevia.
I love the no sugar, but it's too sweet for me.
Plan D is using monk fruit.
It's incredible.
Incredible.
I've been using it.
I love it.
I don't have any.
He gave it to me.
I kept it.
I'm not sharing.
So I mean, you got to try.
So we need to get Solomon bird here.
I actually you guys just sponsor Solomon.
Yeah.
And I know and I out.
Come on, plan D.
Cut that check at the minimum.
Send some to the office.
Yeah.
It's really good.
I really enjoy it and Solomon.
Thank you.
I'm like NIL now.
I got my own USC gloves.
If you watch the pot in the video, those gloves are hot.
These are hot gloves.
High and demand for Solomon when he walks off the stadium field.
Everyone's asking for him, right?
Yep.
Mom's children had to hold on to him for you.
Thank you.
I appreciate you, brother.
So I'll be wearing the ease if you see me and you get close to me.
I might slap you with these.
All right.
We'll see you back here on Wednesday.
Thank you guys.
Let's go peace.