Trump Declares Israel & Iran ‘COMPLETE CEASEFIRE’ After Qatar & Bahrain Strikes | PBD Podcast | 607

Summary

PBD Podcast Episode 607 Summary: "Trump Declares Israel & Iran ‘COMPLETE CEASEFIRE’ After Qatar & Bahrain Strikes"

Introduction to High Tensions The episode opens with Patrick Bet-David highlighting the escalating tensions between Iran and Israel. He introduces a critical moment where President Trump publicly addressed the volatile situation, emphasizing the severity and unpredictability of the conflict.

President Trump's Ceasefire Declaration At [02:05], Patrick plays a pivotal clip of President Trump declaring a ceasefire between Iran and Israel, stating, "We have brokered a deal between Israel and Iran." He reflects on the unprecedented nature of Trump's language, noting, "President Trump drops the F bomb on live TV," underscoring the heightened emotions surrounding the ceasefire negotiations.

Analyzing the Ceasefire's Viability The hosts delve into the practicality of the ceasefire. Patrick questions the commitment of both nations, asking, "Did Ukraine and Russia listen to a ceasefire? You think Iran's going to listen?" At [02:11], Vincent Oshana concurs, asserting that trust in such agreements is minimal, referencing past conflicts like Ukraine and Russia where ceasefires were often disregarded.

Regime Change Discussions in Iran Around [12:00], the conversation shifts to the topic of regime change in Iran. Patrick cites recent statements by President Trump advocating for regime change, juxtaposed with Reza Pahlavi’s calls for the current Iranian regime to step down. Patrick emphasizes the lack of readiness among Iranians and global powers to support a smooth transition, stating, "There needs to be a leader to make this happen."

Reza Pahlavi's Call for Leadership Adam Sosnick provides a critical analysis of Reza Pahlavi's suitability as a leader for a potential regime change. He argues that while Pahlavi is well-educated and multilingual, he lacks the "tough leadership" necessary to navigate Iran's complex political landscape. Adam asserts, "I don't believe he's the guy that's going to be closing the deal."

Global Reactions and Strategic Implications The discussion expands to international reactions, including the potential closure of the Strait of Hormuz by Iran, which could disrupt global oil flows. At [62:09], Vincent Oshana explains the strategic importance of the Strait, urging China to prevent such an escalation due to its significant dependence on the region for energy resources.

New York City Mayoral Race Dynamics Shifting focus to domestic politics, Patrick brings up the New York City mayoral race, highlighting the surge of candidate Zoran Mamdani in polls. At [82:11], Tom Ellsworth criticizes Mamdani's socialist policies, comparing his proposals to historical Marxist experiments and predicting negative outcomes for the city’s economy and safety.

U.S. Legislative Developments: Trump's Big Bill Patrick discusses the scaling back of President Trump's proposed tax and spending bill in the Senate. He notes that provisions related to essential services are being removed to meet budget reconciliation requirements. Adam Sosnick analyzes the impact, suggesting that the Senate's role as a "cooling saucer" leads to significant reductions in the bill's scope.

CNN Executives Depart Amid Cost-Cutting The podcast addresses the exodus of high-ranking CNN executives due to cost-cutting measures following a corporate spinoff. Vincent Oshana describes the move as a sign of deeper issues within CNN, stating, "These are just people who were anticipating the party's over and chose to leave." The hosts express skepticism about CNN's future viability, lamenting the network's shift from credible journalism to perceived propaganda.

Armenian-Turkish Relations and Regional Peace Efforts Patrick highlights a historic meeting between Armenian Prime Minister Nikol Pashinyan and Turkish President Recep Tayyip Erdoğan. He underscores the significance of this dialogue in the context of long-standing tensions and the Armenian Genocide debate. Vincent Oshana adds that while the meeting is a positive step, substantial policy shifts are necessary to achieve lasting peace.

Market Reactions and Economic Considerations The hosts examine market reactions to geopolitical events, such as Tel Aviv's stock surge following U.S. strikes on Iranian nuclear sites. Adam Sosnick emphasizes the interconnectedness of global economies, explaining that disruptions in the Middle East have cascading effects worldwide, particularly on oil markets and consumer prices.

Closing Thoughts on Leadership and National Strategy Patrick concludes by discussing the importance of strong leadership in navigating complex international crises. He contrasts the pragmatic approaches of leaders like Steve Jobs and Elon Musk with the often partisan and reactionary political environment, advocating for a strategy that balances national interests with global responsibilities.

Notable Quotes:

• Patrick Bet-David at [02:05]: "If both Iran and Israel fully honored this deal, Donald Trump deserves a Nobel Peace Prize."
• Adam Sosnick at [12:00]: "The Iranian people want to be free. Over 81% of Iranians reject your regime."
• Tom Ellsworth at [82:11]: "Zoran Mamdani's socialist policies are a recipe for disaster, reminiscent of failed experiments worldwide."

Conclusion Episode 607 of the PBD Podcast provides a comprehensive analysis of the current Iran-Israel tensions, the complexities of potential regime change in Iran, and the broader implications for global politics and economies. Additionally, the hosts critically examine domestic political races and the declining state of major news networks, emphasizing the necessity for informed and decisive leadership in both national and international arenas.

Transcript

[Patrick Bet-David]

Did you ever think you would make it? I feel I'm supposed I could take sweet victory I know this life meant.

[Vincent Oshana]

For me Adam, what's your point?

[Patrick Bet-David]

The future looks bright. My handshake is better than anything I ever saw. It's right here. You are a one of one. All right. I think it's fair to say tensions are very high. President Trump, before we even get started, I want to play this clip for you, Rob, if you're ready. Here's what the President just said a few hours ago when being asked about ceasefire with Iran and Israel. Watch this here. Go for it, Rob. Iran violated the peace agreement and the ceasefire agreement. Do you believe that Iran is still committed to peace?

[Vincent Oshana]

Yeah, I do. They violated, but Israel violated it, too.

[Patrick Bet-David]

Are you questioning Israel?

[Adam Sosnick]

Israel is committed.

[Patrick Bet-David]

Israel, as soon as we made the deal, they came out and they dropped.

[Vincent Oshana]

A load of bombs, the likes of.

[Patrick Bet-David]

Which I've never seen before. The biggest load that we've seen.

[Vincent Oshana]

I'm not happy with Israel.

[Patrick Bet-David]

You know, when I say, okay, now you have 12 hours, you don't go out in the first hour and just drop everything you have on them. So I'm not happy with them. I'm not happy with Iran either. But I'm really unhappy if Israel is going out this morning because the one rocket that didn't land, that was shot, perhaps by mistake, that didn't land. I didn't want the man at just one second. That's okay. He's going to get to it here in a minute. I just wanted to basically have two countries that have been fighting so long and so that they don't know what the fuck they're doing.

[Tom Ellsworth]

Do you understand that?

[Patrick Bet-David]

Oh, my. Pause. Okay, so that's, that's what's going on there. Okay. Tensions are extremely high to the point where can we check when is the last time a president on a national scale dropped the F bomb? If you chat GPT right now, when is the last time a president dropped the F bomb on tv? Not like he got caught doing it. I'm talking like he knew he was doing it. He knew this was going to get reported on and he did say it flat out. I don't know if I've seen this many, many times. Maybe it's happened. Who knows?

[Tom Ellsworth]

Maybe the last president dropped the F bomb was Joe Biden in 2021 when I hot mike a hot mic.

[Patrick Bet-David]

No, not a hot. I'm not asking. Hot mic.

[Tom Ellsworth]

Oh, Richard Nixon was again, not a hot. I don't think he's.

[Patrick Bet-David]

I think he's the first to say it live on camera, knowing what's going on. Yep. First time since 1776 a president dropped the F bomb intentionally, knowing what's going on. That should tell you where the tensions are right now around the world. We got a lot of things to cover, guys, here on the story, of course, Iran, Israel, bunch of clips to show with that. The B2 flights, how it happened, what happened, the conversations, how they threw him off. The regime change tweet that came out from the president. Truth Social was down for an hour and a half after he put out the. What do you want to call it? True social tweet that there's a ceasefire. The website was down for an hour and a half because of the amount of traffic that was going to the website. That tells you how many people are trying to follow this to see if this is going to turn into anything bigger than it actually is. Iran launches missiles at US military base in Qatar. But doing so, they warned them, they say, hey, we just want to let you know we're about to do this. But the Iranian leaders come out and they say, look, no matter what happens here, we are still seeking to enrich uranium. We are not slowing down. We are still seeking to enrich uranium as we're going through the process. So it's not like Iran is sitting there saying, okay, we're going to play friendly. We're not going to do anything. It's not like Israel is listening. Yesterday, when the President put the ceasefire, responded back saying, who's going to listen to this? Did Ukraine and Russia listen to a ceasefire? You think Iran's going to listen? You think Israel is going to listen? They're not going to listen to this. But if it does happen, this is a Nobel Peace Prize. We'll talk about that. And then US calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows. That's a problem for a lot of people, folks. Rubio said Iran closing the Strait of Hormuz would be massive escalation. Iranian government poised to shut Strait of Hormuz, closing off 20% of global oil and gas. This is the same exact reason why I was so vocal and concerned about what was going to happen with Panama Canal. That is a deal we needed to close. Because long term, no one's thinking about the Panama Canal right now. Because the real enemy of ours, the number one enemy of ours, is not necessarily Iran or, you know, Russia or any of these guys, it's China. And China has control right now. Panama Canal long term protection for us, for you to get your food, your supplies, the things that we need day to day to live our lives. We're going to need Panama Canal. But this Hormuz is some say important for other reasons that could lead into war. So that's a conversation we'll have as well. World's reaction to US attacks on Iranian nuclear side. There's a mayoral race going on right now, Rob. I think it's in New York. It's today if I'm not mistaken. Right? It is today. We will cover that. Putin says US Strikes on Iran are pushing the world to very dangerous lines. USS Trump's big beautiful bill gets slimmed down in Senate Wall Street Journal story. Adam's got some thoughts on that. US army appoints Palantir Meta OpenAI execs as lieutenant colonels. Little bit strange, but that's the direction I think they may be wanting to go. MAGA madman blames Tim Waltz for his murderous rampage. Just that story itself doesn't make any sense on what's going on. Rob's got, Vinnie's got some stuff he wants to say about that. Armenian Prime Minister Pashinyan meets Erdogan in Turkey on historical visit. I believe this is the first time that's ever happened. These are not two people that need to be getting along. And now they are getting along, at least having a meeting, which is a good start to have. The Iranian Reza Pahlavi comes out demanding Khomeini, Khomeini to pump the brakes and hey, I'm willing to forgive you and I want you to watch this for yourself and see if that sounds. I have an idea on what I think Iran needs to be looking at this moving forward if there's an opportunity for regime change, which is what 81% of Iranians would like to see happen in Iran. And I'll show you some of the data that will cover that as well. Two CNN executives both struggling network as anxiety soars over cost cutting after spinoff Meta tries to buy this company. You ready for this? Ilya Suskever's 32 billion dollar AI startup, but he wasn't willing to sell but is now planning to hire its CEO. Meta. Tom's got a lot of thoughts on that. More than a thousand Americans per day earn millionaire status in 2024. Federal Reserve split starts to split on when to begin cutting U.S. interest rates. And wait till you hear what Tom just shared with us this morning in breakfast that he thinks Scott Besson is suggesting. That is absolutely insane and I freaking love the idea. You have to hear what Tom has to say about that. And then new real estate math. Half a million more sellers than buyers, according to Wall Street Journal. We got a few other stories on the addendum that just happened last 24 hours. Trump says he expects his Iran fire to last forever. The ceasefire, he believes it can. It can last forever. Mamdani shoots up in a New York City polymarket. Odds after surging ahead of Cuomo. Andrew Cuomo in poll Supreme Court allows Trump to start swift restart swift of deportations of migrants away from their home. Trump slams Russia's Medvedev for claiming countries will give Iran Ukrainian warheads. And there's a few other things that we'll cover. 145 people were pricked with syringes at Francis Music Festival. What a weird situation there. 145. That's a rolling Stones story that's coming out. So with all that said and done, there's a lot of things that we have to cover here today with you. But I got some good news I want to share with you guys for today. When it comes down to merch, especially with all the timing that we have going on. Look, if you ever wonder why we don't do sponsorships because our own companies are putting us in a position with the customers. I say this to you all the time. If you believe in a brand, go support it. If you love cnn, buy their stuff. If you love Fox, buy their stuff. If you love any other small media company, support them. Because that's how they stay in business. So here's what ends up happening. You either take money from sponsorship, then your loyalty has to be the sponsors, or you take money from customers who are buying stuff from you. The loyalty then becomes to them to stay honest to them. That is what our goal is long term. Eventually we will bring some partnerships in based on criterias that we're creating with them. But till then, we're loving what's happening right now with the podcast, the media company, everything that we're doing. So today we have some limited merch that just came in today and talk about the timing of it. We've been waiting for these for four months. We have these new USA flags that literally just came in. We have the black one that came in here, USA hat on the back it says future looks bright. We have the other USA one with the stars that are on it with future looks bright on the side. And on the back it says valuetainment. This one is sick for 4th of July. This is the kind of hat you Would want to sport on fourth of July. I like the black one and I like this one here. This one's not going to last a long time. This is black and gold. USA is gold, right?

[Tom Ellsworth]

Limited.

[Patrick Bet-David]

Look at this. USA is gold right there. And it's numbered.

[Tom Ellsworth]

Oh, it's okay.

[Patrick Bet-David]

This is limited edition out of 250 with the American flag on the side. Valuetainment logo on the side. And on the back it says future looks bright. It's out of 250. You know what happens with these numbered ones? They don't last a long time. I think the Last one lasted 2 hours and 45 minutes. They go in no time. If you like the limited supply stuff that we have some people buying and put it on ebay and they flip them. We can't stop them from doing that. So if you don't buy it, you can only get these on ebay. But those of you that love our limited supply material that we have, go buy this. They have a shirt that goes with it as well. Rob, if you can go on the shirt one that we have right there, the gold shirt, can you click on it real quick so we can zoom in? Look at that. USA golden. And on the back it says future looks bright. And then go to the hat as well so we can see some of the pictures of the hat. Rob, do we have a video on this or no? I don't think we have a video on it. Maybe we do, maybe we don't. Look at this. These are all numbered. Keep going, keep going, keep going.

[Vincent Oshana]

And Rob, look at that stitching. Glitter and everything.

[Patrick Bet-David]

This is awesome. Anyways, go to vtmerch.com to place your order. Is that a new shirt as well for 4th of July?

[Tom Ellsworth]

This is a new shirt that's in.

[Patrick Bet-David]

I don't know if we have that on the website or not, but I'm sure when we do, will will market that as well. All right, go to vtmerch.com place your order. Let's get right into it. Okay, so a few things here. Last time we did podcast was what? Saturday we did podcast, emergency podcast. And you have Sunday, Monday, Tuesday. So right afterwards, the President comes out and says that a discussion about regime change. I don't know if you saw this, Rob. If you have the clip, he starts talking about regime change. There is nothing wrong with regime change. Trump floats Iran's regime change, even as the true impact of US strikes is far from clear. Here's what he says. Let me read this to you. And then, Rob, if you can pull up the clip from Reza Pahlavi when he comes out and posts a video about what he wants to be doing, this is it. It's not politically correct to use the term regime change, but if the current Iranian regime is unable to make Iran great again, why wouldn't there be a regime change? Mega make Iran great again. It doesn't sound as good as Maga. I'm willing to bet sometimes if you say YouTube may even flag and give you a strike because it sounds like a different word. So it's Ms. Mom is India ga make Iran great again. We while these talks were happening, so now everybody fears everyone's saying, oh my God, what's going to be happening? So on one end, Khamenei is sitting there saying, all of a sudden, if I'm older, if I don't know what to do, he puts out a tweet. Rob, if you can go to Twitter, if you don't mind, I know I directed you this way, but if you can go to Twitter, go to my Twitter account, if you could. There's a tweet that he puts up. Go back one if you could. Right there. So he tweets out and says, those who know the Iranian people. Zoom in a little bit specifically on his tweet. Zoom in a little bit on that one. Yeah. Those who know the Iranian people and their history know that the Iranian nation isn't a nation that surrenders. Okay? So he's trying to inspire 17.2 million views. Exciting stuff. Oh, my God. We're not going to back down from nobody. And then if you go back one, then there you go. And then I repeat his tweet and I say, those who know the Iranian people and their history know that you robbed 95 billion from the people, their network, family network. If you can go validate this in a minute, we Will Mass Executed 5,000 podoc prisoners in 1988. Tortured whistleblowers. Therefore, over 81% of Iranians reject your regime. Now a lot of people on the bottom put grok and say, is this true? So Rob, if you can go down on the bottom on the comment section, just click on the tweet and go in the comment section, somebody that says grok, is this true or not? Go on the first one. Okay, go on the first one. Grok will respond. Can you provide common. No, go, go. Can you provide? So this is not a guy that's supportive of what I'm doing. Right. He doesn't like the fact that I'm in business. That indicates 81% of Iranians in Iran reject the regime. The 81% percent figure likely comes from a 2021 Gammon survey where 81% of 158,000 respondents in Iran rejected the Islamic Republic. Weird. Okay, when you're hearing that. So now, Rob, if you can go back, do me a favor. Copy paste.

[Vincent Oshana]

So that's a yes?

[Patrick Bet-David]

That's a yes. Copy paste. Okay. Can you go back to my tweet, Rob? No, the one that. Copy paste that and go and put that in chat GPT. If you could just go put that in chat GPT. Is this true? Okay. And type in. Is this true? Is this true? Okay, put that in there and let's see what it says here. Okay. Statement, mass executions, 1988. True. After a fatwa by Ayatollah Khomeini in 1988, Iranian authorities executed between 2800 to 5000 political prisoners, mostly members of the leftist or opposition group, without due legal process. Okay, let's see if the $95 billion is correct. Can you go a little bit lower to see if the 95 billion. The 95 billion robbery. The 95 billion figure is estimated total assets controlled by the Supreme Leader network Satad, amassed by the family. While many view this misappropriation, this is an article by Reuters. Reuters that said this. And a chat GPT says 81%. So while this is going on, Khamenei comes out and he says, well, we got to figure out a way for us to have a solution. So what does he do? He's already trying to name his successor. Rob, I don't know if you have that clip for the successor. It's on page eight. Iran's Supreme Leader reportedly names potential successors in the event that he dies. Is this the one, Rob?

[Vincent Oshana]

Yes, it's a news clip talking about some of the potential successors.

[Patrick Bet-David]

Go for it. Play this clip. Leadership is swiftly making preparations for a wide range of outcomes.

[Vincent Oshana]

This comes as US President Donald Trump.

[Patrick Bet-David]

Announced that the country's military carried out attacks on three Iranian nuclear sites. Reports suggest Iran's Supreme Leader, Ayatollah Ali Khamenei has instructed his Nation's assembly of Experts, the clerical body responsible for appointing. How long is this video?

[Vincent Oshana]

Two minutes.

[Patrick Bet-David]

Oh, stop it, Rob. Pause it right there. One of the guys he is talking about is his own son. So if you can go online and type in Khamenei, son, successor. Khamenei, son, successor. If you type that, you'll see now they want to keep it within the family. Nepotism, which, you know, it's nothing that they don't do in other countries. I'm not going to sit there and say they're the only ones that are doing it. But he's talking about possibly his own son replacing him now right there. How many picks possible successor amid war son. He names three people. Zoom in a little bit. Sun Magido not among them. Go a little bit lower up if you could. One of the names that was coming up, some of the clerical Islamic Revolution Guard core, who rumored to be. This is one of them. There's other articles that are saying he's wanting his son to replace him. Here's the reality of it. While this is going on, Reza Pahlavi comes out and puts out this video. If you have Reza Palavi's video, here's what he puts out. Because this is what 7% of Iranians would like to see him go back to Iran. Go ahead and play this clip, Rob.

[Adam Sosnick]

That I am establishing a formal channel.

[Patrick Bet-David]

For military, security and police personnel to.

[Vincent Oshana]

Reach out directly to me, my team.

[Patrick Bet-David]

And our expanding operation. This is a secure platform to efficiently manage the growing volume of which. Which speech is this, Rob? And we call.

[Vincent Oshana]

This is where he calls for the Ayatollah to step down and seek to join our movement.

[Patrick Bet-David]

For those patriotic members of our armed forces, the time is now to join the nation. If you do, I will make sure.

[Adam Sosnick]

Your service to Iran is not forgotten and is celebrated.

[Patrick Bet-David]

This is not the one, Rob. There's another one where he just straight up gets up there and says, can we if you are willing to step up and step down. Now there's a. I mean, you just have to go to his channel.

[Tom Ellsworth]

Going after many, because you know what that's basically saying, hey, I'm gonna open up a channel. All you, anybody that wants to get away from Khomeini, any colonels, any, anybody in the military, whatever, I'm gonna open up a channel. Come to me. Which is kind of like dangerous package. Who knows who the hell is going to be coming over there to maybe even sabotage him. Which that even that statement alone sounded like, you know, sounded like somebody else. It sounded very robust.

[Vincent Oshana]

Had a 45 second clip.

[Patrick Bet-David]

It's a 45 second clip. I'll find Tom, you keep going. So your thoughts on this? I'm going to find this clip and send it to Rob. Go for it, Tom.

[Vincent Oshana]

Well, what I think is this is not definitive, right? You're coming out and saying, I think it's time for you to step down. I think it's time for you to step down. It's like my dad saying, I think it's time for you to clean your room. It's weak. It should be a full throated response that says you have outlasted Rob.

[Patrick Bet-David]

I'm going to send it to.

[Vincent Oshana]

You're evil. You've been, you've been able to be here this long. You should be out of here. The people of Iran need a leader and that leader is me. And I'm going to do A, B, C. It's like make America great again, they said. What do you mean make America great again? I'm going to jobs down here. Inflation comes down, jobs come back, economic prosperity goes up. It was very fast. Where is he? You know what I mean, Pat? Normally leaders that, like Trump that came back have like 1, 2, 3 or 1, 2. This is what we're going to do.

[Patrick Bet-David]

Here's what he said and he kind.

[Vincent Oshana]

Of meanders a little bit on me.

[Patrick Bet-David]

Here's what, here's, here's what he said. I just want you to watch this and you, you, the main thing when you see something like this is does Khamenei take this seriously? Do Iranians take this seriously? Does the world take this seriously? Go ahead and play this clip, Rob.

[Vincent Oshana]

So today I have a direct message for Ali Khamenei.

[Patrick Bet-David]

Step down. And if you do, you will receive a fair trial and due process of.

[Tom Ellsworth]

Law, which is more than you have.

[Patrick Bet-David]

Ever given any Iranian. Okay, can I get.

[Tom Ellsworth]

Yeah, I don't me coming from an outpat. Oh my mic just. I don't believe we hear you. You understand? I don't believe like first of all, if you're speaking to somebody like that, I just directly say like you've planned it. He doesn't look like he even prepared. And I don't believe, I don't believe that threat. I don't believe it.

[Patrick Bet-David]

Yeah. So when you, when you, when you hear that, you see that Adam, what are your thoughts when you're seeing what's going on right now with Iran? You know, regime change. The president said there's a possibility of regime change. A lot of people are saying, well, this was all planned. They knew this was going to happen. This is exactly what they wanted to do. It's not like it's a, it's the picture perfect playbook. First you do this, then you do that, then you deflect, then it's regime change. Then you place someone there who is your candidate to place in Iran to bring back, you know, et cetera, et cetera on. You might make the second calling up the Puppet and all this other stuff. So, Rob, if you can, I'm going to send you a clip of what Rudy Giuliani said about Reza Pahlavi. That I want to respond to that as well. But, Adam, your thoughts on this before we. Before I share some of my thoughts.

[Adam Sosnick]

So everyone's on the Internet talk, and everyone's talking about what's going on. Let's start with first principles. What is the most logical explanation of what is happening? First and foremost, I would argue that more than anything, the Iranian people want to be free. So you just gave a stat that what, 81% of people want to do away with the Ayatollah. That might be incredibly low. How many protesters do you see around the world calling for the death of the Iranian regime? Everyone says online this war is not against the people of Iran. It's against the irgc. How many times have you heard those acronyms? In my opinion, this is going to be the second and the final Ayatollah to run Iran. This gentleman is 86 years old. 86 years young. He's almost as old as Tom, whose birthday it is. Joking, Tom, but I don't know how much longer he's going to be with us. There's no indication that if and when a new supreme leader is called to the catapult that the Iranian people will accept it. In my opinion, this is the last and final Ayatollah to run Iran.

[Patrick Bet-David]

Yeah, very interesting to say something like that. Here's what Rudy Giuliani said. Rudy Giuliani yesterday comes out and says the following. Now, here's the thing. It's he, if you think about it, when is the last time you heard us even say anything about Giuliani? It's been very quiet. It's not been something that we've talked about. It's not been something that, you know, we, we. You know, he's not been on the radar for too long. Rob, if you're on his ex. Is this one okay? Perfect. Reza Pahlavi is the son of the Shah, who was a brutal, hated dictator. He offers nothing but a return to his father's corrupt dictatorship for decades. The Savak, his father's secret police, persecuted, tortured and murdered Iranians. Rob, can you go on his X, please, exactly what he's saying there? Because I want to see the commentary of what people are saying under Rudy Giuliani's. Here's the reality of it. People sit there on the left, right and center are critical of Reza Pahlavi's father, you know, of what he did. And you just go to the comment section right there. Rob, I'd like to see what some of the people are saying to this tweet here. And yet, despite all that, was still infinitely better than the current regime. True. Keep going lower. I don't know if this will come kind of, but I've never heard him disavow Savak, which makes me suspicious. Why would we even be commenting on this? The Iranian people should pick who is best to lead them and hopefully they make the right choice. Interesting take, but then who? When the regime falls, it is best replaced with a preferable leader instead of doing a government project like this in Iraq. He was not hated. Please just stop. You go down the comments section, a lot of people don't agree with them. The father, King Reza Pahlavi, changed the entire thing in Iran. It was a complete different situation, what he did in Iran. Having said that, this is the one thing I want everybody to be thinking about. If we are talking about a regime change in Iran, let's just say you do want to have a regime change in Iran. What would work? What would be the right way to go about this? You know, I could come out with a 20 point plan on what we could do to change Iran in a heartbeat. Wouldn't be a challenge. I think the way to look at it and if the Iranian people are watching, this is the Reza Pahlavi, the son of Mohammad Reza Pahlavi is a kind man, is a nice man, is a smart man. He could be a historian because he knows the history very well. He speaks English, he speaks Farsi fluently, French fluently. He can do an interview in French and fluently have a conversation with anybody that wants to talk to him in French. He has that element in place. However, what the biggest challenge, I'm getting hit up left and right from Iranian influentials around the world. And this is what they're asking me, Pat, this is another opportunity. Isn't this great? It looks like he's going to come back and he's going to do this and he's going to do that. Here's the biggest problem that Iranians have. And you're not going to like me saying this to you. And I'm talking straight to all the Iranian people around the world that love and support Reza Pahlavi. As much as I love him and his family and what they did for Iran. This is not a number one person. He's not. It's the same thing I said about Desantis. Desantis is very good for his state. He's a phenomenal governor. We proudly live in Florida. But he's not a Trump. There's trump, then there's DeSantis. DeSantis later on could develop into something like that. But we need a Trump. Reza Pahlavi has had 46 years to do something for Iran to go back to being free. Hasn't happened. 46 years. Every five to 10 years, Iranians have had a chance to topple the current regime. Hasn't happened. Every five to 10 years, you've had an opportunity. Hasn't happened. You can't teach tough leadership. If it was all about knowing the history, having the right last name, if it was all about speaking different languages, everyday new professor would be the leader of some kind of a country. That's not how this works. Tough leadership requires for somebody, when you look at the camera, you deliver a message for somebody to believe them. People believe. Reagan people believe. When Putin speaks, people believe. When Trump speaks, people believe. When certain leaders speak, you believe them when they speak. There's a certain level of conviction that you want to do. Your eyes don't lie. The way Iran ought to look at this moving forward is in the following way. Iran needs to cut everything up and be a startup. Look at it as a startup. Bring in new founding fathers who help write a new constitution that Iran is built on. That's what the mindset needs to be and those individuals. I think he needs to be one of the founding fathers of the new movement of Iran. That could be a Benjamin Rush. If you know the history of Iran, history of US Founding fathers, Benjamin Rush, a lot of people would say, was the man, when it came down to becoming one of the founding fathers, the man was brilliant. He knew the history. He had such a strong background. He played a role. He may have been the smartest guy in the room. A lot of people could have said never became a president. But you go ask the founding fathers what role he played. He played a very important role. Who became the president? George Washington became the president. What other founding father ended up becoming president? Tom, if I'm not mistaken, the first three were all founding fathers, right? Thomas Jefferson is number three. I think Adams is two, Washington is one. Right? And you start going, you're like, okay, there's that history there. If Iran's going to go through this, you need brains for economy, you need brains for military, you need brains for history, you need brains for law, you need brains on how to write a constitution, you need brains for how to put certain law and order in place. Where Things change. You need brains on how to fix the educational system in Iran. You need brain. You need all of those things to go out. And we need somebody at the top as a leader to make it happen. I know the Iranian people don't want to hear this. And they keep saying things like this. They'll say the following, Vinny. They'll say stuff like, what's the alternative? What's the alternative? Go find them. Wake them up. Bring somebody from Iran. Wake them up. Bring someone that you support. Whatever the values and principles are, maybe it's somebody. When Khomeini was living in France, they went and brought Khomeini from France to Iran. Khomeini wasn't living in Iran. Khomeini was in France for 15 years. They brought him back and they said, we think you're the guy that needs to be the leader here, but there needs to be somebody that can close the deal. Let me explain what I mean by closing the deal. President Trump, 2024. How many people you think could have handled what they did to him in 2023? E. Jean Carroll, all the. Your property is not worth 215 million, $50 million. It's an $18 million property. Mar a Lago, that was sold for $20 million, like, 60 years ago. You know? No, you know, give or take, whatever the timeline is, that he had to go through that. Every day he's at court, they're embarrassing him. Letitia James, the other lady that, you know, when they asked the question, did you have sexual affairs with this woman? And what does he say? Let me think about it. No. Do you remember that? Every day they're trying to mock him. Who do you think could have closed the deal? Outside of him, who else? You think Reza Pahlavi is going to be able to close the deal? Like, close the deal? Sweet man, smart man, Needs to be part of the transition, need to be one of the founding fathers if Iran does go through the next thing. But if he is who he claims he is, he needs to be in a room with 50 other strong influencers to be able to make this happen. Collectively, that needs to take place. Some of the people that have connections to many different countries, many different industries, that leadership. That needs to happen. If it doesn't happen every 10 years, you're going to be like, oh, we're making a comeback. Oh, we're making a comeback. Oh, he's 84 years old. It's too late now. What now? Khomeini's. And Khomeini have all these decades of being able to control Iran into whatever it is today. But to me, the biggest thing Iran needs right now is a closer. I'm not convinced he's a closer to close the deal. Stop being so romantic about your candidates. There's these fantasies people have with their candidates. Oh, my God. You know, it's going to be so great. RFK romanticize. Because we're going to have another John F. Kennedy. No. But he played a very important role with his job that he has under Trump right now. So I think there's a very important role he plays. I'm not convinced he's the guy that's going to be closing the deal. So for all the Iranian people that are hoping for regime change, hey, you don't have a lot of time. The window is going to close like this. When do you think there's going to be another opportunity like this? I am 46 years old. I've been outside of Iran since 1989. That's how many years? 36 years. This is the closest Iran's ever gotten since 1989 for regime change. Let me say this again. Iranian people, since 1989, when we left Germany, when we left Iran, went to Germany at a refugee cabinet, and we came here November 20, 1990. From that day till today, there's never been a time more closer than today for Iranian people who want a regime change. They want the Rulah Khamenei and others to leave. You've never, ever been closer than you are today. What you do with it is truly on you. I would love for the people to choose somebody. Like, you're hearing all this stuff, but the reality of it is you need a closer, someone that's going to close a deal. I'm not convinced RP is a closer. Tom, thoughts?

[Vincent Oshana]

I think you're exactly right. In the United States, we romanticize this. There were people, you know, I used to go to RNC meetings and go, you know, check in on things and then talk to people that had influence. But I always used to just select individual leaders that I was gonna support and look at it from that way. And everybody was talking themselves into believing Jeb Bush is a guy. Here we are, another Jeb Bush. Oh, look, he's got diversity in his family. Look at his wife. Look everything like this. And it was like, women. This guy's uninspiring, number one. And number two, what's his plan? What does he passionately want to do? There was nothing there but man, the Republican Party. This would be a layup. We'll have all the support.

[Patrick Bet-David]

$140 million. They won $140 million.

[Vincent Oshana]

That's how many people got into the room together and had, you know, brown water and, and talked themselves into believing that Jeb was their guy. This happens all the time in government where the successor is not the guy. And I just think right now they're just, they're just. He's, he's trying to force a little bit. He doesn't feel like he's at the microphone with his own passion and desire. It feels like he's under a kind of obligation and duty. And if you're just there under obligation and duty, that is not what it's going to take. In the middle of what's going on on the world stage, you've got an opportunity. You know, they used to criticize United States for thinking that. They said, oh, you're just out there nation building. But it's really the CIA, the United Fruit Company, terrassing around Central America, overthrowing, you know, perfectly legitimate democratic governments. But there was other people that talked about nation building. Nation building was about enabling. Neighbor was supporting nation building. So this is an opportunity for Iran to come back in a democratic way. Not that there's not warts there, not that there's not things going on there. This is an opportunity for Iran to.

[Tom Ellsworth]

Come back and just, just.

[Patrick Bet-David]

Can I say something?

[Tom Ellsworth]

Yeah, go ahead. Go for it.

[Patrick Bet-David]

Tommy said something yesterday that was very important. You ever seen the movie Alexander the Great with Angelina? Is Angelina Jolie in that movie? Who's the mother? Colin Farrell, who's the mother of Angelina Jolie? Who's the mother of Angelina Jolie in that movie? Alexander rap. Who is it? Is it? Yeah. Angelina Jolie was the mother of Alexander the Great. I was right. So, so there is this fantasy with a son to outdo, like, you know. Yeah, but in this case, Angelina Joe, the mother, Olympias, you know, had a fallen out with Alexander's father. Right? There was a big fallen out there. So she wanted her son to do what? To outdo the father. The father.

[Vincent Oshana]

Because now she's like, I've divorced your father. I nothing to do with him. The best revenge would be you, with my blood on my side of the family. To outdo him.

[Patrick Bet-David]

That's right. Mothers want their sons to do very well. And there's an element of mothers that if the father and the son had a feud that I don't believe in. You get your act together. Get serious. Mothers want the son to prove a point to the father, that the son was better not in A bad way. It's in a very natural, loving way. Right. But sometimes the son privately is like, mom, don't give me that pressure. I don't want this child. Who are the only two athletes, you said in baseball that did better than their fathers, that, that did that, love.

[Vincent Oshana]

The game and set world breaking statistics. Ken Griffey Jr. And Barry Bonds, you.

[Patrick Bet-David]

Know what both of them had in common, Love of the game.

[Vincent Oshana]

They love.

[Patrick Bet-David]

I don't know if there's a love of the game here.

[Tom Ellsworth]

And like, I don't, I'm not that versed on all this, but I mean, we've met the guy, we've hung out with the guy. With something like this as a leader, you cannot be on the fence. You have to not only want to do it, Pat, it's a must do it. And I just don't feel that vibe because. And you mentioned something about time wise. How long do you think the United States and Israel is going to give them? Because if you think about it, their Khomeini could easily with Mossad and us and our intelligence, he could have been dead a while ago when Trump made that post where he's like, hey, we know where you are and we can take you out. Well, now they're giving the Iranian people grace to figure this out, but the clock is ticking. I just don't think my Vincent Oshana's opinion, that's not the guy. But the Iranian people, they got to step up. Because Adam, what you guys say, 81% of the people are pro the regime change, but 20% doesn't. That's of 92 million. That's almost 20 million. That's 18.4 million people are still like, no, this guy, this Khomeini guy is who we, who we want. But it has to happen. Like, yeah, they got to step up.

[Patrick Bet-David]

So while this is going on, the President comes out and says he's brokered a deal of ceasefire. Rob, if you can go to the tweet. So he puts out a tweet saying, we have brokered a ceasefire. Congratulations to everyone. It has been fully agreed by and between Iran and Israel and there will be a complete and total ceasefire in approximately six hours from now, when Israel and Iran have wound down and completed their in progress final missions for 12 hours, at which point the war will be considered ended officially. Iran will start the ceasefire and upon the 12th hour, Israel will start the ceasefire. And upon the 24th hour and official end to the 24th war, 12 day war will be saluted by the world during which ceasefire? The other side. He writes some wrong tweets, by the way. Remain peaceful and respectful on the assumption that everything works as it should, which it will. I would like to congratulate both countries, Iran and Israel, on having the stamina, courage and intelligence to end what should be called the 12 Day War. This is a war that would have gone on four years and destroyed the entire Middle east, but it didn't and never will. God bless it. Never will, will was, and never will. God bless Israel. I don't think there's a period. Oh, there is. There's exclamation. God bless Israel, God bless Iran, God bless the Middle east, and God bless the United States of America. And God bless the world. Rob, can you go to my tweet Twitter account? So I, I retweet this and this is what the. I put up there. I put up right at the top of it. I say which side actually believes the other side will honor the ceasefire. Did Ukraine or Russia ever stick to theirs?

[Vincent Oshana]

Nope.

[Patrick Bet-David]

If both Iran and Israel fully honored this deal, Donald Trump deserves a Nobel Peace Prize. But the key word is what if? So that's that. Then all of a sudden, what do we hear? Bombing from both sides. Okay, then what happens? Rob, if you go up, this is President's most recent tweet with the video that comes out. Just go to the short. This is a conversation that's being had about neither side keeping the commitment that President Trump, for the first time in the history of America, a president intentionally, while on live tv, not it was caught, not a hot mic, drops an F bomb. It happened today. Imagine how pissed off a president has to be to drop an F bomb. But that's exactly what the President did today. Go for it, Rob. That have been fighting so long and so hard that they don't know what.

[Tom Ellsworth]

The fuck they're doing.

[Patrick Bet-David]

Do you understand? Think about that. Adam, your thoughts on this.

[Adam Sosnick]

So you're looking at a president who just had a massive win when he tuned out all the noise and focused on the signal and did what needed to be done to eliminate the nuclear threat. You're also looking at a president who's basically saying, I need more wins. And he's been talking about eliminating the war with Russia and Ukraine. He's been talking about ending the war between Israel and Hamas. And now he has this amazing opportunity to end this war in 12 days. Perfect marketing. The 12 day war between Israel and Iran. And there's only one little thing that got into the in between him and this war ending, and that's these two sides necessarily don't want to end this war. So when he's talking about ending this war, he's talking about America's involvement in this war. In his tweet, it was very interesting. He said, I brokered a deal between Israel and Iran. Does anybody out there believe that Iran wants to stop globalizing the intifada? At the same time, does anybody believe that Bibi Netanyahu, at this point, when Iran is on the brink of disaster, at the brink of falling apart, wants to take his foot off their throat? I don't even know what the terms of this peace agreement were, but if I'm a betting man, I don't think this holds major respect to Trump for eliminating the nuclear sites. I just don't know if this peace agreement is going to last 12 more hours.

[Tom Ellsworth]

Well, Pat, can I say one thing, though? For Trump to go out there on the White house lawn before 8am and say that these two Iran and Israel don't know what the f. They're doing. Like, he's trying to make that peace. He's trying to make it stop. And the analogy is he, Iran and Israel, after he's, he's talked about this, he tweeted it, are like two kids where you say, all right, guys, as of, as of noon lunchtime, no more fighting, okay? But at 11:59, you both start punching each other in the face as much as you can because, you know, you have a little window. It's childish, okay? It's childish when you have a freaking deal. Both of them need to stop. Both people need to stop. Israel's at fault and Iran's at fault, especially when the guy is trying to end it. When he's trying to end it. So they're both at fault. And I don't mean you make a good point. They both obviously want, you know, to keep it going. That's what, dude, one bombs one, the other one fights back. But there are reports as well, by the way, I looked it up. Like there's actually no real public evidence that the U.S. like, actually did the damage. Tom, on these, all the bonds, how much time, how much money was the operation and all the bombs that were dropped?

[Vincent Oshana]

Well, they say it was $2 billion of transport and bombs, something like that.

[Tom Ellsworth]

Yeah. And there were satellite image rock of days before of. Because, I mean, we warned them, we gave him a heads up. A bunch of trucks and a bunch of convoys showing up, doing whatever, grabbing whatever and then leaving. And that these buster, the buster bunkers didn't even actually hit what they were supposed to hit. So that's another.

[Adam Sosnick]

Can I add one more thing? And then, and then, Pat, I want to ask you a question. You know, you can tell a lot about a regime or leadership not by the way they treat other countries, but by the way that they treat their own people and the approval ratings within their own country. Every country has war with another country. Russia and Ukraine, Pakistan, India, China, Japan. Every country is going to have enemies. Every country is going to have war. But how do you treat your own people? I would argue that the Israeli people have never been so happy with Bibi Netanyahu than the day that he took out these nuclear threats from Iran, especially when America got involved. Now, Bibi Netanyahu, don't forget this. Israel is the only democracy in the Middle East. His approval ratings, which you can actually track are somewhere in the 30 to 40%. In the last week, they've skyrocketed like a missile out of Gaza into the 70, 80%. That's how excited the people of Israel are with what Netanyahu is doing. At the same time, we just talked about, on the low end, the people of Iran view the Ayatollah with 80% dislike and disdain. So if there's anybody in Israel advocating to step on Iran's throat, it's the people of Israel. At the same time, it's the people of Iran also cheering on Bibi Netanyahu, also cheering on the IDF to bring down the irgc. There's a big difference between how the people domestically view their leaders and it ain't close.

[Patrick Bet-David]

Yeah, and by the way, while you're saying there, there's a number comes out, story comes out yesterday about Tel Aviv shares hit record highs after U S strikes, Iran nuclear sites. If you go look at the stock market in Israel, it's on fire on what it's doing. There's also stories about. Adam, what you just said right there about Iranians on the streets with American flags. Rob, I don't know if you have this video or not. There's video of Iranian protesters waving down with the USA flags on streets of Tehran as president joins in. Do you have that clip, Rob? There's a. Yes, it's on page seven. There's a clip about this. Let me, let me read the story while Rob pulls us up. There you go. Iranians waving American flags with intermediate slogans that have taken to the streets. Okay, so this, there's multiple of them that you can find. So a lot of Iranians that want this thing to be taking place the Regime change to be taking place. But I'll say this to you, Adam, on this whole ceasefire between the two, in this case Iran and Israel, who is more to blame for not following the ceasefire? If you ask me my opinion, it's Israel. Why we're not doing a favor for Iran. You came asking President, President is in a tough situation. He knows the political party that got him elected. There's, there's an element of it that you call, you can call a woke, right? And all this stuff that a lot of these folks now are in the same room agreeing with Ilhan Omar. They're not in the same room agreeing with, with people that. What was that, Rob? Okay, no, no, you can pause it. You can pause it. There's these people that are agreeing with those, with those folks, but they're kind of like, you know, how did I end up in a room like this where I'm agreeing with these people? I would have never agreed with these types of people. Right? But in this case, with all the pressures being. Netanyahu makes the call because he knows he can't get the job done. And they know if they want to do anything with those three nuclear sites, you need us's help. The president agrees to do it, knowing there's going to be a lot of backlash. But he focus on signal and says, okay, Israel, you're a bigger ally to us than Iran. Then they do it and then you do this and you don't listen to the ceasefire. I mean, I don't blame him for losing his shit and, you know, straight up calling him out on what they're doing. I think there's even another clip here. Who is he calling this out in this video? Rob? This is, I believe, I believe he's.

[Vincent Oshana]

Calling out CNN in this clip.

[Patrick Bet-David]

Yeah, this is a different clip on the same exact setting when he's having an interview where he drops the F bomb. This is him talking to CNN. Go forward. That place is demolished. The B2 pilots did their job. They did it better than anybody could even imagine.

[Vincent Oshana]

They hit late in the evening, it.

[Patrick Bet-David]

Was dark with no moon, and they.

[Vincent Oshana]

Hit that target with every one of those things.

[Patrick Bet-David]

And that place is gone. But when I see CNN all night long, they're trying to say, well, maybe it wasn't really as demolished as we thought it was demolished. You take a look at the pinpricks and you see that place is gone. And I will say, I think CNN ought to apologize to the pilots of the B2s. I think that Ms. DNC ought to apologize. I Think these guys really, these networks and these cable networks are real losers.

[Vincent Oshana]

You really are. You real losers.

[Patrick Bet-David]

Israel says, Israel says that they violated the. You're gutless loser. I say that to CNN because I watch it. I have no choice. I got to watch that garbage. It's all garbage. It's all fake news. But I think CNN is a gutless group of people and the people that.

[Vincent Oshana]

Run it, nobody even knows it's been.

[Patrick Bet-David]

Sold so many times. But the people that run it ought to be ashamed.

[Vincent Oshana]

Msdnc.

[Patrick Bet-David]

A guy named Brian Roberts, he heads it. He's a disgrace. He's a weak, pathetic disgrace.

[Tom Ellsworth]

He was on fire today.

[Patrick Bet-David]

Well, he's sick of it because to him, here's the part that, that, that he's in, okay? There are people right now that see this as an opportunity to. Guy asked me a question this morning, okay. He booked a call. We're having a 15 minute call together on Manekta. I don't know when it is, but he books a call. And I've been having the weirdest manex, by the way. For those of you guys that know what's going on with Manect, we're doing our annual contest on Manect where we're going to dinner at Casa d' Angelo. It's a contest that started from June 1st that goes till July 31st. And there's different categories for cont. I'm going to tell you what this phone call is and what this conversation was about. You have to really hear about this because I think everybody watching this, you have to hear this. So this is the contest we ran to go. You come down to Florida, we take you out to Casa Deangelo. Afterwards we go, we have dinner together, conversations. I'm going to be there, Tom's going to be there, Vin is going to be there, Adam's going to be there. And then we go afterwards to the cigar lounge and we stay till midnight talking about ideas, future politics. It's the, the best podcast. It's the best because we all sit there and just talk to each. It's such a great experience when we do this. Phenomenal experience when we do this. And if you want to find out more about the, the contest, put the link below, below Rob in the chat, in the comment section as well in the description. You go to manect.com then go to the top and type in leaders bulletin the videos there criteria is, you know, can we see where people are on for the competition, where their rankings are by, by categories like Tommy Robinson, wow. Tommy Robinson is number one at 300. He's complete. 123 minutes. Moly. Dean Mason. Good for Dean Mason. Constantine Corbov. Third place of contest ended today. It would be those three names that would be coming down to have dinner and go to the cigar lounge. Patricia will be Clays. Then it's Mary, Scott Woolly, John Carlo. John Carlo got a shout out today. Scott Storch, James o' Keefe. And then if you go to middleweight, let's see where middleweight's at. John Mason's at the top. Then there's Lara. Larry Broughton. DJ Shipley. DJ Shipley. Wow. Holy. DJ Shipley. And AB Seal Team 10. James Murphy, former F15 pilot. Then you got a few other names there. Amy Bradley's on that list. Terrence Howard's on that list. Go to the heavyweight one. Let's see where heavyweights at. Sapala's at the top. Dennis Daniel, Cap, Michael Mara. A few other names. Let's see the super heavyweight. Look at the super heavyweight. Vinnie is about to break a record. 362 completer minutes. Timothy Ryan, Lindy Lee. I wouldn't even make the contest if it ended today. Holy. I wouldn't. I would be outside knocking on the door, saying, minnie, let me in. But we'll show up. It's myself, Tom, Adam up other people that are on that category. And if you go to users, Rob, can you go to Users? Because users get to compete as well on where they're at. Look at the for new we got Zach. Can't see it from there.

[Tom Ellsworth]

Rob the last, Zach Abraham. Oh, Zach.

[Patrick Bet-David]

Zer, Carlock, Abraham Peretta, Tarika Chedit, Andy Hill. And then go to heavyweights to see where the heavyweights are existing. It's the. Oh, Dorothy over.

[Tom Ellsworth]

Wow, there's my girl.

[Patrick Bet-David]

Oh, wow. Dorothea, Timothy R. Constantine, Eric Branch. Anyways, those of you guys that are not experts, if you're an expert, compete. We're gonna have a good time. If you're not an Expert, any for every 10 ManEx you ask someone, you ask the question. We will do a raffle and we'll pick up one or two names to come join us as well, but you can go to the contest to visit it. And by the way, here's something I wanted to put for you guys today. It's Tom's birthday today, so if you kind of love yesterday, if you kind of love Tom Ellsworth, send him a birthday wish right there in a minute. Wish him a happy birthday. And Vinnie is on track for breaking his record. Send him a minute. And Adam is Is is looking forward to a lot of love from folks from the Islamic community, Muslim community. If you guys want to befriend him, send him some messages there as well. But this is where I was going. Guy asked me a question.

[Adam Sosnick]

I love you guys.

[Patrick Bet-David]

Yeah. And by the way, when he says that, he sincerely says that he's not joking with you guys, he actually gets along with everybody. When you're out there with Adam, Adam doesn't have a hard time getting along with people. But here's what I wanted to tell you. The question becomes on my neck. Taylor, the grant asked me a question. Who do you listen to? Who do you believe? Where do you go to? Who's right, who's wrong? What is the real way of who to listen to in a market like this? Vinny, think about that.

[Tom Ellsworth]

Great, great question.

[Patrick Bet-David]

Adam, who do you listen to? Tom, who do you. Who does the average person listen to? And for me, it really put me in a position to want to answer the question. This is where I go to. Okay? I put all the names across the board because this is how I led. When we were building insurance company, everybody would call me and about somebody, do you know what he just did? Do you know what she just did? Do you know what they did? And it was going okay, great. Then when there would be a crisis in the company, people would come to my office and they would say, do you know what this person said? You know what that person said? You know this, There's a crisis, there's a problem, there's this, there's that. For me, it was very simple. It came down to the following. I watched you on your bias. I put everybody on that person's bias. Is this because I had a fallen out with that company? That person's biases, this because I got a bad business deal. That person's bias, this, that gets from Iran. That person's bias. He's from Israel, he's Jewish. That person's bias is this. So I put the biases there and that person's America first. That person's America only. I put all the biases there. Then I don't try to change your bias. I understand your bias. Why would I try to change your bias? You've lived your life. Who the hell am I to try to look? But when you see people on Twitter, you're wrong. Yeah, people have a bias. Everybody Trump has. Trump is biased. Netanyahu is biased. Khamenei is biased. Everyone is biased. Hello, we all are, including you. You think you walk on water. Some of the People that, you know, they look at a. You know, what's the second thing I look at? Track record of being able to reason different issues and being fair. So I look at your bias, set it aside. I don't try to change it. Track record of being able to reason. Second, to see who I'm listening to. Three, do you have a track record of being fair? Four, how often have you been right? That's the process I go through. So today, when you watch the president, imagine how much shit he's hearing and he still says, no, we're attacking. Nope. This is what we're doing. Nope. That's what I'm going to be doing. Nope. And quite frankly, I don't give a shit if you agree or disagree and you threaten to leave the party and tell everybody to impeach and all, I don't care. This is what I'm doing. Fortunately and unfortunately, I'll give you to both sides. Most people don't have a backbone like that. Most people will break. Trust me. Most people would break under certain similar circumstances. This man didn't. He led. And he's going around pushing his agenda that he had in place of America first. And if you have a problem with that, totally get it. You have biases, though, for me, when people say, why is Patrick so much against under. Do you know it's not from the war from 1941 to 1977. I'm talking really. Let me tell you, a guy asked me a question, a Muslim guy asked me a question on my neck. Okay, Rob, I'm going to text this to you. And folks, do me a favor and please go copy paste this and ask this on grok. Ask this on. What do you call it? What's the other one? Ask this on ask this on ChatGPT. Ask this on every single platform you can to verify it. Rob, I just texted it to you. Put it up there. And do me a favor, put it in chat. Don't even put it in chat. Actually, you can put it in chat. I want everybody to go copy paste this and go to ChatGPT and Grok and read it for yourself. We're living in Iran. Iran is doing its thing. You can be a Christian, Muslim, Shia, whatever you want to be, communist, do whatever you want to be. We had. My mother's family were communists. They were happily living in Iran and they were going on. They were communists. Two day party wasn't Iran. Okay? All of these things that was taking place and then all of a sudden a man named Khomeini comes Back to Iran. And things change. Now, whatever religion you are, when you type in on chat GBT or Google or Grok, who are the top five, 10 most influential figures in the Islamic religion? You know, you will always find one name in that community that's one of the top 10 most influential. His name is Khomeini. Okay? Khomeini comes and takes over. A lot of people mess up. And even yesterday I'm talking to my wife. What's the difference between Khomeini and Khomeini? One letter, one is Khomeini, the other one is Khomeini. It's like Johnson and Jensen. Okay? You know, why would you do Johnson, Jensen, It's Khomeini. Khamenei, okay? And it's very easy name to pronounce, right? Khomeini, Khamenei. Like when you pronounce it, you have a sore throat afterwards. That's what happens to many of us Iranians. That's why our throat is stronger than many of the average Americans. So watch this here. Top influential leaders, Islamists. What do you see on number three? Khomeini. Let the 1979 Iranian Revolution establish first modern Islamic theocracy. Here's a book that he wrote in the 60s. You wonder why so many family people who have kids, who have a hard time, who want that structure to change. I sent this copy paste to Rob. Rob, can I ask, Can I read the question to everybody that I sent to you? Go to chat gbt. This the question. I want everybody that's watching this go fact check this. Did Ayatollah Rollo Khomeini write a religious legal manual in the 1960s called the Tahrir al Wasila, often offered to in the west as the Little Green Book? Did he say in that book a man can marry a girl younger than nine years old? However, he is not permitted to have vaginal intercourse with her until she reaches nine. But other sexual pleasures, such as touching with lust, embracing and placing the penis between the thighs, are not forbidden. You go put that in there and verify that. Look what it says. Yes, Ayatollah Khomeini did write a religious book. This and what's in it. It is a manual of Islamic covering topics from personal conduct, rituals and politics, etc. Etc. Go a little bit lower to see the controversial quote. The quote that's widely cited passage from the book. Generally translated, a man can marry a girl younger than nine years old, however is not to have vaginal intercourse with her until she reaches age 9. But other sexual pleasures, such as touching with lust, embracing. This passage does appear in the book. Go a little bit lower. Rap. It does appear in the book. Now you can go back, go check it, read all of it, please bring the camera back to me. So for some of you that say you are a puppet of this, you are a puppet of that, you are a Mossad, Zionist, all this stuff that people make, the claims that they do. No, no. I am against a man marrying a girl under the age of nine. I am against talking about it's okay to have vaginal intercourse with a kid at 9 years old. I'm against that. And by the way, something tells me you are as well. Something tells me you are as well. That's watching this. So for someone. Well, that's not. I just told you, he is one of the top five, 10 most influential people in the world. In Iran, you say something like that. Do you not think the average person that's not even religious. What percentage of people. Do you know of any that are not even religious? They're just trying to live a good life. So forget about it for a second. I don't believe in God. Let's just say I had a problem with God. Imagine one of the faces of that religion just wrote that in a book. Why would you read that book? What would you say? Would you go, like, all right, like meditations. Oh, interesting. So I can marry somebody under the age of nine, Put the penis under the thighs. All right. The very normal. Let me go to the next chapter. That's weird. No matter what you believe in. You know who else says this is weird? Parents, fathers, mothers, siblings. I read this to my sons yesterday. They're like, what is he talking about? My sister just turned nine. Exactly. Do you realize why the average Iranian sitting there saying, I just want this religion out of the freaking picture? I said, well, that's not everybody. Doesn't need to be everybody. Most Muslims I've met, I'm good with. But I've met some extremists, let me tell you, in Iran, in Germany, here, in the military, I met them many, many different places. The reason why a lot of people want that to change is because Khomeini follows Khomeini's guidelines. And Khomeini was more influential than Khamenei. This is why a lot of Iranians want that to change. And a lot of people around the world who are having these people right now. There's a story that came out that there's 1500-2000 Iranians that came to us illegally. Did you guys see this? Did you see this report, Rob? Tom, did you see this story? There's about 1500-2000 Iranians that may have crossed the border illegally that made it out here. Guess what? A lot of people are worried I'll find this link and send it over to you. A lot of people worry about what's going on. That's just not the way the average person wants to live their lives. Vinny.

[Tom Ellsworth]

Can I say one thing though, man? I mean, that's. That. That's. You know what the saddest thing is, Tom? That's not shocking, because where do you think Khomeini got that from? That type of attitude and that type of mentality is their prophet Muhammad. Okay, let's just. Let's just call it for what it is. He got married to Aisha, okay, when she was 6. And then they consummated the marriage, which it became physical at 9. This isn't like he came out of it from nowhere. You should see the freaking arguments and the. I'm talking about back and forth for days about people going, yeah, but this was the time. This was. And I go, listen to me. There's a difference between my God, my Jesus Christ and your God.

[Patrick Bet-David]

Never.

[Tom Ellsworth]

I don't care what time it is. I don't give a damn what period of time doing something with a six or a nine year old. You're going to convince me, Vincent Oshana, that it is right. There's no time frame. There's no. Well, everybody was doing it. It's a argument, okay? And that's just one side of it, okay? And then there's the extremists. We're killing innocent people for your God means you're going to go somewhere with 72 virgins and that's your. That's your price for your reward for martyrdom. No, no, It's a shitty, shitty argument. By the way, I criticize the other side. I and Adam, everybody knows this. I could criticize Israel, I could criticize the leadership. But that type of doctrine, that child. And that's. And everybody knows this, Pat.

[Patrick Bet-David]

That's.

[Tom Ellsworth]

Remember we talk about the sword that I'll die on. You know where I'm at, especially with this. I don't give a if it's here. I don't give a. If it's there, it's wrong. And you cannot convince me that that's good. I don't care what time. And that's the attitude of the leader of this country. That's how he Thinks, period. I don't agree with it at all.

[Patrick Bet-David]

Yeah. So obviously this is a very. Adam, you look like you want to say something.

[Adam Sosnick]

Yeah, well, I think ironically, it's going to be the one Jewish guy that kind of gives a little sense of nuance here. Because as much as I agree with what you're saying, I think we just need to understand there's a big difference between being a Muslim and being an Islamist. Just like there's a big difference between being a Persian and being an Iranian IRGC advocate, or being a Christian and a televangelist, or being Jewish and a Zionist. But what you're saying makes a lot of sense. And it makes me wonder, what are the gays of Gaza movement? What are these progressive jihadists? Have they heard any of this? Because if they've heard this, that means they're willfully and vocally advocating for everything you just read. So we talk about the gays and the grooming. I always will come back to this whole gays for Gaza, progressive jihadist, inconvenient marriage. Makes no sense to me. But now it makes a little bit more sense, especially if you're able to groom kids based on a doctrine. Very weird. And not everybody signs up for this, so be careful what you're purchasing. That's my only thoughts.

[Patrick Bet-David]

Yeah. And by the way, what you just said, a lot of people said that was the time. That was 600, whatever the shit what Khomeini wrote was only 60 years.

[Tom Ellsworth]

60.

[Patrick Bet-David]

60 years ago.

[Tom Ellsworth]

Yeah.

[Patrick Bet-David]

You're not talking about 400 years ago.

[Tom Ellsworth]

Yeah.

[Patrick Bet-David]

That's 1960s.

[Tom Ellsworth]

He's not changing at all.

[Patrick Bet-David]

No, no, no. This is not a. This is not a new thing.

[Adam Sosnick]

So it's not like it ended when he wrote the book. There's still living.

[Patrick Bet-David]

Yes. Yeah. So let's go to the next one here. This has to do with business. And Tom, I'm coming to you with this one here. US Calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows. Now Iran government poised to shut it down, closing off 20% of global oil and gas. And this is what Rubio had to say about this. Go for it, Rob.

[Vincent Oshana]

No way we were leaving that for future generations.

[Patrick Bet-David]

The Secretary, final question here. Do you expect Iran to move to close the Strait of Hormuz to try to disrupt oil transportation across the world?

[Vincent Oshana]

Well, I encourage the Chinese government in Beijing to call them about that because they heavily depend on the Straits of Hormuz for their oil. If they do that, it will be another terrible Mistake. It's economic suicide for them if they do it. And we retain options to deal with that. But other countries should be looking at that as well. It would hurt other countries economies a lot worse than ours. It would be, I think, a massive escalation that would merit a response not just by us, but from others. So look, they're going to, they're going to say what they need to say. You know, these are the things that need to happen for their own internal politics and so forth. But in the end, we're going to judge them by the actions that they take moving forward. We had three objectives. We struck those three objectives with decisive force. And that was the point, point of this mission. And that's what we achieve. What happens next will depend on what they do. They want to negotiate, we're ready to negotiate. They want to get cute and do things that are dangerous. We have responses available that are devastating.

[Patrick Bet-David]

Secretary, was China complicit?

[Tom Ellsworth]

We know that jets flew into Iran.

[Patrick Bet-David]

We don't know what were on those jets.

[Vincent Oshana]

No, we don't have any evidence that the Chinese were involved in. Top thoughts on this says, well, Iran's largest trading partner is China on an import, export basis. They go back and forth and they've been, and China has been trying to develop this relationship because China's got a lot of people and a lot of land, but not a lot of energy resources. And they need energy partners, which is why they turn to the north to Russian for natural gas. And this is why they were in the in with Iran trying to build this. And they have a very, very intricate economic relationship. And Rubio very astutely says, hey, it's not like we're calling China, hey, buddy, you're a big country in the world too. Could you call Iran and just let them know? No, it's like, hey, China, you know, you need their energy. You need stuff like this. When they close that port, the first country that gets impacted outside of Iran themselves who stops getting economic, you know, stops getting money, stops part of their own economy is you, dude. So why don't you call them? This says, you're calling me while you're negotiating with me and you're kicking me in the balls and you're trying to get us to do this deal on a trade deal. Hey, dude, what we talk with you is what we talk with you about. I'm saying it's in your best interest to call Iran and tell him not to close the streets here because you need the oil too. And so Rubio's very astutely pointing out that, you know, suddenly there's a question that has to be asked of China, which is, you know what, this hurts you. What are you going to do about it? Because this is a global problem. This is not a Middle east problem.

[Patrick Bet-David]

So you know what this does, though, Tom, what do you have here, Rob, with J.D. vance.

[Vincent Oshana]

This is also J.D. vance speaking about the Strait of Hormuz closure and effects.

[Patrick Bet-David]

Go for it.

[Adam Sosnick]

Iran disrupts shipping in the Strait of.

[Tom Ellsworth]

Hormuz, which of course handles about a.

[Adam Sosnick]

Quarter quarter of the world's oil trade.

[Vincent Oshana]

Would that be a red line for.

[Adam Sosnick]

The United States, Mr. Vice President?

[Tom Ellsworth]

Well, Kristen, I think our biggest red line is the Iranian nuclear weapons program. That is really what the President has.

[Patrick Bet-David]

Said we need to get rid of. What about the Strait of Four moves.

[Tom Ellsworth]

Towards doing that last night?

[Patrick Bet-David]

Well, I think that would be suicidal.

[Tom Ellsworth]

Kristen, for the Iranians themselves.

[Patrick Bet-David]

I mean, their entire economy runs through the Strait of Hormuz.

[Tom Ellsworth]

If they want to destroy their own economy and cause disruptions in the world.

[Patrick Bet-David]

I think that would be their decision. But why would they do that?

[Tom Ellsworth]

I don't think it makes any sense.

[Patrick Bet-David]

I don't think that it makes sense.

[Tom Ellsworth]

For them or for anybody else. What would make sense is for them to come to the negotiating table to.

[Patrick Bet-David]

Actually give up their nuclear weapons program.

[Tom Ellsworth]

Over the long term. And again, if they're willing to do.

[Patrick Bet-David]

That, they're going to find a willing.

[Tom Ellsworth]

Partner in the United States of America.

[Patrick Bet-David]

Yeah. So, you know, you know what this, this brings to a conversation of. Adam, were you going to say something about this?

[Adam Sosnick]

Yeah. You know, when you talk about economic suicide doing this, does anybody believe Iran at all at this point? You know, when, you know Iran is lying or when the Ayatollah is lying or the IRG is lying, when their lips are moving, at what point are their words and their threats gonna be taken seriously? Oh, tomorrow's the day. You wait and see. Everyone's gonna get it. I swear. Nothing, nothing comes from these people. All they do is talk. They can't even fight their own wars. Everything they do is a proxy. These people have been talking about death to America, death to Israel, debt to the Great Satan. They're crumbling. They have no credibility at this point. So now they're going to turn off their own economic lifeline to do what? It makes no sense to me. They're a backwards way of thinking, and none of their threats come to fruition. And you're also seeing China. Didn't China call Islam or Islam extremism a mental disorder? Correct me if I'm wrong. Did the CCP not say that they.

[Tom Ellsworth]

Shut down a bunch? They closed on a bunch of mosques too, didn't they, Adam, in China, number.

[Adam Sosnick]

Two, you're starting to see Russia turn its back on Iran. One of the main stories in the Wall Street Journal is how Putin has now turned a cold shoulder onto Iran, quote, unquote. Russia is not as good of a friend or ally as it pretends to be with Iran. Putin often turns his back on his autocratic friends when they need him. So with friends like these, who needs enemies? I don't see anybody coming to Iran's defense, including Qatar. Who's number two on the list of state sponsored terrorism or terrorism advocacy? Iran does nothing but make threats. Even when they bombed the military site in Qatar, they gave him a heads up only to save face. They're basically like, look, I know you kicked the living crap out of me, but I at least got to show some resolve and some strength. So move all your assets out of there Qatar while I bomb and give you a heads up while I'm doing it. Does anybody think the people that running the country of Iran have any credibility at this point? So my answer is no.

[Patrick Bet-David]

Rob, can you chatgpt this real quick? What Adam just said? Did China call Islam a mental disorder? I want to make sure we address that because we've heard it on many different stories that we have read about. But I just want to fact check this here because that's a big statement. Zoom in a little bit if you could, Rob. Let's see what it says. I'm looking for something. Oh, I'm sorry.

[Tom Ellsworth]

A check in China related statements.

[Patrick Bet-David]

2019 sickness, I'm sure.

[Adam Sosnick]

What kind of Google re education camps?

[Patrick Bet-David]

I've not seen a research like that. That is coming up. That's very weird what Chat GPT is doing. Maybe you just offended chat Rob today. You may want to be careful when you drive home to see because it's, it's, it's not happy with you. I have question what's going on with.

[Adam Sosnick]

The Uyghurs in China?

[Patrick Bet-David]

That's not a secret.

[Adam Sosnick]

However, RE education camps curing them from Islam.

[Patrick Bet-David]

So okay, here we go. Yes, the Chinese government has in fact portrayed Islam, especially amongst Uyghurs and Xinjiang, not merely as a religion, but as form of mental illness or ideological disease that requires treatment or cure. The Chinese really said that? According to Al Jazeera, Beijing has described Islam as a mental illness that needs to be cured with its RE education camp aimed at ugr Muslims Atlantic reports that Chinese authorities liken their camps to hospitals, treaty religions, extremism as a psychological condition to be remedied. Detailed summary in New York magazine, Intelligencer explains that Islam was officially framed by Chinese officials as infectious ideological illness cleansed from their brain. Additional human rights. Wow. Pretty, pretty.

[Tom Ellsworth]

And just to add to that, but.

[Adam Sosnick]

This is the biggest backer of Iran. Correct me if I'm wrong, the CCP is the biggest funder of the IRGC and the Ayatollah. And I just circle that square for me. How? When they call your entire religion doctrine a mental disorder, yet you're following their lead. Make that make sense to me.

[Tom Ellsworth]

And Adam just I had to fact check myself because I said that they destroyed China. Destroyed mosque?

[Patrick Bet-David]

Yes.

[Tom Ellsworth]

The Chinese government has destroyed or repurposed hundreds of mosques, especially in Xinjiang, where the majority of the Uyghur Muslim population lives. In 2019, the Guardian and Bellicat revealed that over 30% of mosques in Xinjiang were damaged or destroyed. And they're saying why? It's because Chinese campaign of religious and cultural suppression particularly targeted Muslims under the guise of counterterrorism and anti extremism. So that's what China is doing, by the way.

[Patrick Bet-David]

You know, you know what, the.

[Adam Sosnick]

China has no state religion.

[Patrick Bet-David]

So you know what, you know what this makes me think about? Here's what it makes me me think about. I watch everyone's argument and I try to see how deep the argument can go because this is how arguments and ideas work. You first pitch an idea or you make an argument. And if you're very convincing, what does the other side do? Maybe they believe you because of how convincing you deliver your conviction. Conviction is needed. So you're like, okay, you're a good salesperson, I got it. But then you watch somebody push you back on your idea and then that person making arguments like, okay, let's see what you're going to say now. And then you make an argument like, oh, that was actually pretty good. And then all of a sudden, boom, your argument starts breaking and breaking and breaking and breaking the argument of American only versus America first. Kind of what we're talking about yesterday, right? America only versus America first. Do you know why that argument eventually loses the America only? If you're America only, you can't get involved in straight up Hormuz. You have to try to generate that on your own. Because now if there's a war there, you're like, no, no, no, we're America only. We're not going to get involved. You kind of have to because your people are relying on you to make good decisions to get the oil that we need. Whatever the. Yeah, if you're America only if you. You don't have. Like, for me, I think we have 800 military bases around the. Around the world. That's a lot that we have. Now. If you don't do it, the enemy will do it. If the enemy does it and the enemy gets more influence, then when it comes down to having leverage and time to do the things you want to do, then all of a sudden, what happens? You don't have any control. If you're America only, it almost. The people that say America only, there's an element of them that they're solopreneurs. Tom, you know what I mean by solopreneur?

[Vincent Oshana]

Totally.

[Patrick Bet-David]

You talk to a solar product in php. I had insurance agents that were just producers, and they couldn't stand building an agency. You know why? Because what does building an agency require you to be able to do?

[Vincent Oshana]

Focus, work, determination, follow the playbook, stick with the program.

[Patrick Bet-David]

What is the most annoying thing about building an agency?

[Vincent Oshana]

Having to lose people and recruit people at the same time.

[Patrick Bet-David]

What is the most annoying thing about the. About getting married and having kids. What's the most annoying thing about building a company? What is the most annoying thing about building a team? What is the most annoying thing about playing football where you're dealing with 52 players versus being a tennis player?

[Vincent Oshana]

Dealing with people and relationships that's not turnkey number one.

[Patrick Bet-David]

Human beings are annoying, by the way. All of us are annoying to some. I guarantee you. I'm annoying to a lot of people, I guarantee you. Vinnie, as funny as you are, I'm annoying as. I guarantee you're annoying to the only person on this set that is not annoying to anybody. It's Adam. Adam doesn't annoy anybody. He's one guy, not one person I've met, so. But you know what it is?

[Adam Sosnick]

It's hard being perfect. Pbd.

[Patrick Bet-David]

I get it. Listen, none of us. Most of us don't walk on, but.

[Vincent Oshana]

You'Re getting used to it.

[Patrick Bet-David]

Yeah, but. But you know the whole thing about America only versus America first. A solopreneur is sick and tired of managing employees because it's hard. It sucks. A. A solopreneur that they try to run a business like, you know, Bill Maher, $15 million raised to. So we're going to build a podcast agency, then they do it. Oh, I hate this. Why? Drama, drama, drama. My producer doesn't work. Where are the notes? How Come you don't have this. Why don't we. They do it better. They do this and they do that. Shut the whole thing down. This thing sucks. I don't want to work with anybody. No. It's hard. So that's why it's like podcaster only. Solopreneur. I'm just going to do myself. It's. It's not possible for you to have a America only mindset. Like, you know what's the best story about the America only argument? Check this out. One of the most important business meetings in the last hundred years in America. This has probably got to be in the top 10 meetings in the last hundred years. And Tom, let me see if you're going to see where I'm going with this. You ready? Who are two of the most influential founders in the history of business the last 50 years?

[Vincent Oshana]

Gates and Jobs.

[Patrick Bet-David]

To be on my job.

[Vincent Oshana]

Be on my list.

[Patrick Bet-David]

Gates and Jobs. Do you know who was more competitive between the two? Some will say Jobs. Gates was pretty competitive. But you know what ends up happening one day? Apple is about to go out of business and Steve Jobs holds a meeting. And if you've never seen this, it's so powerful. Rob, if you can find it, it's awesome to watch. Jobs gets up on stage. Who is Apple only? Of course, he hates Microsoft passionately. He gets up on stage and he says, for the longest time at Apple, we thought in order for Apple to win, Microsoft must lose. He says, but the reality of it is that's not the right way of thinking when Apple's about to go out of business. Guess who gives Apple money?

[Tom Ellsworth]

Microsoft.

[Patrick Bet-David]

How much money do they give them? I think it's like $300 million, give or take.

[Vincent Oshana]

Real money.

[Patrick Bet-David]

Real money. Microsoft gives Steve Jobs $300 million.

[Tom Ellsworth]

Just have a competitor.

[Patrick Bet-David]

Apple is about to shut it down. They were going through a terrible season. The computers weren't selling. They're going through a very rough time. So an Apple only company mindset decides to team up with the enemy. Yeah, they raised the money. You know what Microsoft wore today? You know what Apple is worth today? I think both of them are worth. I think both Apple and Microsoft are worth $3 trillion today. People that worked at Apple made millions of dollars. Some made billions of dollars. Tim Cook is officially a billionaire. A lot of people that worked at Microsoft, many made millions, many made billions. Ballmer now is as rich as Steve Jobs. As rich as. What do you call it? Kate Gates is. The mindset of America only is limited. It's just hard to do when your country is this big, it's very hard to do. Yeah. Look at, look at this market cap is which one, Rob?

[Vincent Oshana]

This is Microsoft.

[Patrick Bet-David]

3.6, $3 trillion. And what was Apple? $3 trillion. $3 trillion. The idea of being able to work together, they brought six trillion, six and a half trillion dollars of money to American people, people around the world. That's why American only is limited. On the argument it hits a wall eventually. If that concept doesn't work in marriage, if that concept. We're going to do it ourselves. We don't need anybody's help, dude. Then you're not going to have date nights. You need a babysitter. No, we don't need nobody's help. You do. No, we're going to do this company by ourselves. You need to hire people. Yeah, can't do it all by yourself. So every time you see like straight up Hormuz, all this stuff, we need to negotiate, we need to negotiate that. It shows. Do you think America needs Iran to be working with them on Strait of Hormuz to not shut it down and destroy. Of course. Who else needs them? China? Who else needs them? That instance right there tells you America only is out. It's America first. That works, not America only. My opinion. My opinion. Okay, let's go to the next story here, New York today.

[Adam Sosnick]

I say why I agree with you. Just real quick.

[Patrick Bet-David]

Go ahead, Adam.

[Adam Sosnick]

Because you know, they say what happens in Vegas stays in Vegas. No, not necessarily. And by the way, what happens in the Middle east does not stay in the Middle East. We're now in a global economic contingency where everything is integrated. So oil for everyone who thinks that the oil is going to be basically dead. Yeah. Tell that to Saudi Aramco that I think has a $2 trillion market cap. Only company in the world in the top 10. That's not United States. Global shipping, trade, supply chain, oil, oil, oil, oil. Everything is going to affect the American markets. Everything. So for the people that want to live like an ostrich and pretend, oh, no, let's not get involved, let's not get involved. Be the libertarians of America. Where's Dave Smith's argument at this point? It's very limited in scope because anybody that's a true actor realizes America has to lead because if we get out of the Middle east, if we get out of Taiwan, who's going to fill that vacuum? I'll ask you. Russia's going to step in, China's going to step in, and all these bad actors are going to Fill that vacuum. I'd rather have American hegemony over the rest of the world than China or Russia or Iran any day. So. Fully agree with you on the America first versus America only.

[Patrick Bet-David]

Yeah. It's limited. It's a noble argument. Trust me. It's a very noble argument. Everybody that's saying it, I understand. They're coming from a very, very noble place. Let me take care of my family, my job. Michael Jackson's song is what if you want to make the world better, what does it say?

[Adam Sosnick]

Take a look at yourself and make a change.

[Patrick Bet-David]

Make the change. Right. So I get it. I understand that. I understand that. Yeah. I mean, right there. But. But. But at the same time, unfortunately, if you want to make a change once or pass the propofol. Yeah.

[Adam Sosnick]

When a plane is falling, you don't put on the air mask first and only. You put it on first and then.

[Patrick Bet-David]

Oh, thank you so much, Adam, for your help with that. Because, you know, we. I love it. This why we need Adam in our lives to give us input like that. You're amaz.

[Adam Sosnick]

Some of us don't fly private pvd, so we got to remember those instructions.

[Patrick Bet-David]

Listen, with all the. With all the APAC money you're getting from Israel, we all know how you travel. You travel. Right?

[Adam Sosnick]

Now, I receive zero checks if you're.

[Patrick Bet-David]

Sending it.

[Adam Sosnick]

But I'll take the money all day.

[Patrick Bet-David]

According to.

[Tom Ellsworth]

According to.

[Patrick Bet-David]

According to some people, Adam's got some real money we don't know about.

[Adam Sosnick]

I wish I did, guys. Admit it on camera.

[Patrick Bet-David]

Yeah. All right. Okay, so let's go to. Let's go to what's going on in New York today. New York, folks. It's a bit of a show right now with this election that they got going on for the mayoral. Yeah. It is so wild. Rob, do you have the video? This is. I want to read this to you before I go to this. What. What page is the candidate on about? New York's mayoral candidate, Rob, if you can't give it to me, I'll go to it. I don't know why I can't find it. Pop up.

[Vincent Oshana]

That is under.

[Patrick Bet-David]

I know I marked it.

[Adam Sosnick]

You know what?

[Vincent Oshana]

That's addendum. I'm sorry.

[Patrick Bet-David]

I'll go to addendum. All right, so check this out, folks. So Mamdani shoots up in New York City. Polymarket odds after surging ahead of Andrew Cuomo in poll. This is USA Today. I'm going to read this, and I want you to watch a clip of him, Zoran Mamdani, a 33 year old second term assembly member, briefly surpassed former New York governor Coma as a front runner. New York City Democratic mural primary on June 23. According to Polymarket, a cryptocurrency based prediction market headquartered in New York City. The June 23. The June 23 Emerson College polling market headquartered in New York City. The June 20 survey showed Cuomo with 35 support in the first round, followed by Madani 32%, with Mamdani now 52% to 48%. After eight rounds of ranked choice voting, the Emerson poll conducted June 18th through 20th with over 830 likely early voters had a 3.3% margin of error. Marked a significant shift as the most previous poll show Cuomo leading by 10 points. Rob, here's a clip. Oh, that's. That's the Poly market.

[Tom Ellsworth]

Yeah.

[Patrick Bet-David]

Whoa.

[Tom Ellsworth]

Yahtzee.

[Patrick Bet-David]

Cuomo had a massive lead and then all of a sudden boom. How much of that do you think the end has to do with Israel, Iran, war? Right now that's taking place? Obviously that's the only thing that would make that dramatic of a shift. Can you play a clip of this guy to see how he views the economy? I think there's a video of him breaking down what he would do to the supermarkets in New York. And tell me if you recognize this other countries that have tried this and if it's worked or not. Go ahead, Rob. Grocery prices are out of control.

[Tom Ellsworth]

The cost of eggs and milk has skyrocketed. Some stores are even using dynamic pricing, jacking up the cost over the course of a day, depending on what they can get away with. It doesn't need to be this way. I'm Zahran Mandani and as mayor I.

[Patrick Bet-David]

Will create a network of city owned grocery stores.

[Tom Ellsworth]

It's like a public option for produce.

[Patrick Bet-David]

We will redirect city funds from corporate.

[Tom Ellsworth]

Supermarkets to city owned grocery stores whose mission is lower prices, not price gouging. These stores will operate without a profit.

[Patrick Bet-David]

Motive or having to pay property taxes or rent.

[Tom Ellsworth]

And we'll pass on those savings to you.

[Patrick Bet-David]

Okay, so Tom, economically, does that make any sense to you? No.

[Vincent Oshana]

And what's happening over with Zoran? And by the way, you know, he is so easy. The unfortunate thing about his last name is it quickly becomes Madman Madmanni. So we have this Madmany and he is basically saying all saints Socialists. In the space of three weeks he said no GPAs. I'm going to change public high schools. We're going to own grocery stores and we're going to fill them. Ask the People in the Soviet Union how that worked out. The shelves were never full. Things didn't work. The five year plan for crops didn't work. It didn't work. Now he wants to bring that New York. Oh, so we're going to run state owned, city owned supermarkets. That's going to change the price of an apple that's being sold by the farmer. No, it doesn't. Inflation changes at diesel fuel to ship for that truck to drive the apples around changes at. So he's doing that and he keeps going down the list. But guess what? There's a bunch of people who are behind it. And so New Yorkers have to decide what they want. And by the way, the reason Cuomo looks so good, it's like if you ever watch the Miss USA and they bring out the women in alphabetical order and for 31 seconds, Ms. Afghanistan is the most beautiful woman on the stage because she's the only woman on the stage. And that's what happened to Cuomo. He was the only woman on the stage. And now there's an alternative out there and New Yorkers are actually, some of them are choosing a psychopathic liberal spouting socialist Marcus Marxist ideology on one side and on the other side they're rejecting a politician, returning to the ring with some baggage, with some Covid baggage. You got to say it, it's there. And choosing to get back in the ring as mayor of New York but with people surveyed believing he doesn't want to be mayor long term, he really has other aspirations, he wants to get back in the bigger ring. And so that's what's going on here. But Zoran Madman says, good lord, New Yorkers.

[Adam Sosnick]

You, you, you.

[Vincent Oshana]

In the last election you shifted more than you ever have and now you're turning back to this free stuff. Take away merit based high schools, take away GPAs, state run stores, none of that ends well. And we've got 65 years of socialist Marxist experiments around the world to see it. But you know what? If they vote for it, I guess they deserve it.

[Patrick Bet-David]

Many thoughts?

[Tom Ellsworth]

Well, I mean, first of all, can we just take a second. Besides Los Angeles, Tom, New York what? Can we just point out that this is the Democratic leadership? Like they cannot. They don't. The pool of people for them to vote on is absolutely ridiculous. Okay, first, like you said, Tom, a disgraced ex governor who wiped out, almost wiped out single handedly the nursing home population in New York during COVID I'm not afraid to say, Tom, I'll say it. You got, you know Eric Adams, who begged, member, begged for illegals to come there, make it a sanctuary city. And then he caught foul when they showed up. And then all of a sudden, of a sudden he's flipping. And now he sounds more Republican than everything. And he's under investigation from the FBI. So New York, just from the jump.

[Vincent Oshana]

Is going to make a good point about. They don't usually don't have a lot of choices. They have usually. It's usually like a scale. It goes from guano to fertilizer to manure to horseshit. All of it wrapped in bullshit.

[Tom Ellsworth]

Yeah, exactly.

[Vincent Oshana]

And ladies and gentlemen, the Democrat primary.

[Tom Ellsworth]

Yeah, but here's my question, Tom, I don't want to laugh about it. When are the, when are they going to, going to wake up? When are you going to get it? And like, this guy's a radical Marxist, okay? He has Islamic like supremacist background, all right? And imagine telling the families of nine, 11, 24 years later that this guy, this like jihadi backed freaking Marxist is going to get it looks like he's going to get elected. And there's a guy named Trevor Loudon, he's an expert on Marxists and terrorist groups. He said that Mamdani is a Marxist member of the Democratic Socialist of America dsa. He's a Twelver Shia Muslim, which, Adam, you'll love this same sect as Iran's ruling regime right now. And you know what they're about. His father supports Hamas and called Israelis Nazis. And Tom, you'll know this. The last time New York City had a Marxist mayor from the dsa, do you know who it was? David dinkins in the 1990s. And guess what happened? Crime skyrocketed. Drugs were flooded into the streets, businesses shut down. Times Square became a freaking cesspool and tourism collapsed, okay? And then the city nearly died, but Giuliani had to rescue New York from the wreckage. Now it's happening again, but this time with a Marxist with, with Islamic like supremacy tied in. I'm telling you right now, if they win, this is just. Look at London, look at Europe, look at France. And just to see what's going to happen, okay? Crime is going to explode, terror is going to become normalized and the city is going to turn into a third world zone. You'll see it.

[Vincent Oshana]

And their tax base is already changing right before their eyes as wealthy people and businesses move out of the city proper, meaning the five boroughs.

[Patrick Bet-David]

By the way, keep this in mind. AOC totally supports him. This is, this is him out there in the streets. Watch this one here, folks. This is him. Go for it. Very friendly.

[Adam Sosnick]

Volume.

[Patrick Bet-David]

Did you hear what he saw? He's screaming at Tom Holman. Do you believe in the First Amendment? So this guy's definitely not about securing the border. So you already know if you do something with this guy, you're going to get the de Blasio 2.0. When you get into. And by the way, go to aoc. Robert, I just sent you two things. New York Times, AOC endorses him. And also they're out there in the video. The video I sent you. I don't know if you see the video of them protesting together. Not protesting together, marching together. She's got the Puerto Rico. Is this. Yeah, that's the one right there. Rob, watch this. Vinnie, you will love this. That's AOC in the red with Mamdani. Okay.

[Tom Ellsworth]

Oh, my God.

[Patrick Bet-David]

So, I mean, they're doing their part too. They're doing their part, but New York City's got to step up and do something about this. Adam, do you have any thoughts on this?

[Adam Sosnick]

Yeah. Well, let me look on the bright side. You know, you always say this. Elections have consequences. So New York City, get ready for the consequences. You know, I will give this guy credit. Authenticity matters. I believe he stands for what he says. You know, when someone tells you who they are, believe them. He tells you, I'm a democratic Socialist. I am a pro Palestine, anti Israel, Democratic Socialist. I'm with the squad. I'm with Bernie, I'm with aoc. This is who I am. I co founded the justice for Palestine. Why are we surprised by any of this? You know, this is eerily reminiscent, these odds on the polymarket of exactly what happened in Canada just a few months ago. Pierre Poliev was 90% likely to win. A couple weeks before the election. Mark Carney surges in the polls. Justin Trudeau's out, and now Canada is run by another leftist. So New York, your time to shine is either over or it's just starting. So one of the interviews that you did recently, pbd, that I've watched not once, not twice, three times, is Tommy Robinson. He's warned us it's coming for you. It's probably too late for what's happened in London. It's probably too late for what's happened in Paris. It's probably too late for what's happened in cities all around Europe. New York, you're about to have potentially a democratic socialist, progressive jihadist mayor. This is a far throw from what Rudy Giuliani was when he Cleaned up the streets of New York. Best of luck.

[Tom Ellsworth]

Oh, it's not good. Can I just really, really fast?

[Patrick Bet-David]

Yeah, of course.

[Tom Ellsworth]

Because AOC and all them are talking. What's her name, Jasmine Crockett, everything. Because they're trying to impeach Trump for what he's doing, especially in the Middle east with what happened. Because just just to really fast, just to. FYI, for everybody out there that's talking shit about Trump, about the bombings, guess how many bombs Barack Obama dropped in his last year of his presidency. We'll take A wild guess. 26,000, 172. He dropped almost 12,200 on Syria, 12,000 in Iraq, almost 500. Libya, Yemen, Somalia and Pakistan. So for everybody out there that's talking shit about Trump, agree or disagree, for them to be out there. And Trump just tweeted @AOC. I'm not going to read it, Pat. It's long as hell. I just sent it to Rob. I'll just give you the beginning of it, Robby, he says, and you guys will love it. Stupid aoc. Alexandria Cortez, one of the dumbest people in Congress, is now calling for my impeachment, despite the fact that crooked and corrupt Democrats have already done that twice before. It's just like it's such a. What is it when you select what you want to be arguing about, Tom? But the other side's been doing it forever.

[Vincent Oshana]

Oh, yeah. You know, the Democrat, actually, it comes out of the 60s, but it's like accuse the incumbent opponent of doing exactly what you are already doing.

[Tom Ellsworth]

Yeah, exactly. And they've been doing it for freaking how long?

[Adam Sosnick]

Get ready for prices in Miami and in Florida to start surging. Because I feel like a lot of millionaires and billionaires and job creators, people who are not a fan of not only his ideology, but just straight up socialism, are going to get the hell out of there. Just like they left.

[Patrick Bet-David]

It's funny, you're saying this like wave, wave 2.0. Yeah. If you go to DeSantis's tweet, he's just saying what DeSantis said two days ago. If you go to deSantis's tweet, you'll see what the Santa said. And Adam is right. Check this out. The Santa said two days ago, go a little bit higher. I think it's that one right there. Zoom in. Right there at the top. Just when you thought Palm beach real estate couldn't go any higher. You know what he's saying. By the way, look how many people retweeted that and like that post, go a little bit lower. It's one of his most. 3.2 million right there. 1400 comment. Their son if. Okay, so nothing's going to be changing with New York. Guess what? I'm doing one. I'm moving to Florida.

[Tom Ellsworth]

Damn right.

[Patrick Bet-David]

This is another however many years you got to deal with.

[Adam Sosnick]

You know they say the canary in the coal mine. You've heard that term?

[Patrick Bet-David]

Yeah.

[Adam Sosnick]

This might be it for America, but.

[Patrick Bet-David]

I'm going to tell you guys, these two are not in the same league.

[Tom Ellsworth]

Not at all.

[Patrick Bet-David]

They're not in the same league. Andrew Cuomo knows how to govern. Yep. And he's being a mayor. He had a massive, massive, catastrophic mistake. Don't make any, you know, ifs and bones. He made a massive, massive mistake. But they're not in the same league.

[Tom Ellsworth]

And one. One hour ago, Cuomo was leading him by 14 points in the survey.

[Patrick Bet-David]

One hour ago.

[Tom Ellsworth]

Yeah, one hour ago.

[Patrick Bet-David]

Yeah. So we'll see what's going to happen here. I think at the end of the day, they're going to just settle down and go with Andrew Cuomo, and he'll be the mayor of God, mayor of New York City.

[Vincent Oshana]

He's got to turn up his campaign, because right now he's kind of vanilla.

[Patrick Bet-David]

Yeah. Let's go to the next one. U.S. tRUMP Big, beautiful bill gets slimmed down in Senate. Adam, I'm going to come to you with this one here. President Trump's tax and spending mega bill, described as a big, beautiful bill, is being scaled back in the Senate after senate parliamentarian Elizabeth McDowell ruled several provisions eligible in the budget reconciliation process, which requires measures to be primarily budgeted related to a simple majority vote. Chuck Schumer praised the decision and a few others. McDonald's ruling removed provisions like the one requiring state to pay part of the food benefits based on payments. There is projected to save $128 billion over a decade. And a few other things. Adam, your thoughts on this?

[Adam Sosnick]

Well, anyone that's interested in knowing how a bill becomes a law, I encourage you to watch the video that they made us watch when we were in eighth grade. Everyone makes a. Everyone freaks out when something passes in the House. Oh, my God. It's gonna raise the debt ceiling. Oh, my God. We're spend so much money. Oh, my God. Relax. The Senate has been called the cooling saucer for when the House heats up the agenda. So what happens is the Senate will come in and be like, I don't know about all this. You know, who looks very, very bad, right now is Elon Musk, because Elon Musk was calling for dismantling this bill and saying that it basically led to their complete. Just destroying their relationship. I haven't heard much of it since a week ago, since this Iran thing. But in my opinion, Elon spoke way too soon. He started basically criticizing everything to anybody that's been following. Anytime any bill becomes a law, it doesn't just get approved immediately. It's just like the debt ceiling. Tom would know this better than anybody. How many times are they saying, my God, we're going over the edge, it's over. And then all of a sudden, they save the day and pass a continuing resolution to make sure that we actually have enough money to fund the government every October. Government works. This is how the United States government works. We get to see how the sausage is made. It's not pretty, but that's what it's like being in America. You get to eliminate what you don't want. And hopefully they're eliminating all the pork and basically the items that will drive up the debt. So we'll see what happens here. But it's not approved yet.

[Patrick Bet-David]

Tom, big thoughts, big thought.

[Vincent Oshana]

So whenever things go to the Senate, that's where the real big things happen. Why is that? Because senators have longer terms in office and much bigger, more expensive campaigns and much bigger interest. They say companies elect congressmen, Representatives, industries elect senators. And so the Senate is coming and making bigger cuts on this. And you look at what's going on in there, what they talked about and that they want to eliminate and they want to. So you got to post bonds for injunctions against the government and proposals defund the Consumer Financial Protection Bureau and move emerge the Public Company Accounting Oversight Board in the securities Exchange Commission. Those were refinements that were coming out of Congress. And now the Senate is looking at. Well, not so fast. Let's not, you know, because I got. Everybody in the energy sector doesn't want to see you suddenly have a consolidation of regulatory authority. You see how that works, Pat? So you got everybody behind Senator Blowhard, you know, and saying, hey, man, you know, you better take this out of this bill, man, because we don't want this. Who doesn't want it? Well, I'm standing here representing Exxon and Chevron. I know who the hell you are. I know you represent the entire petroleum industry. But that's what's going on right now is the big, beautiful bill. Some of the more restrictive things get restricted because industries use their power over, say, five congressmen, which is 5% of the total votes that you need to get something of the Senate, but 10% of the votes to get it passed. So if you and I were the energy sector, Pat, remember, we only have to get to five congressmen to have 10% of what we need on the 51% passage.

[Patrick Bet-David]

What's the chances that Elon read the entire bill?

[Vincent Oshana]

The chances that Elon read the bill, I think it's very, very low. But did he get summaries from Grok and go through things like that? I believe he did.

[Patrick Bet-David]

Okay, so what's the chances that when he's reading the bill, what do you think are the top three things he's looking for in the bill that got him to pop off?

[Vincent Oshana]

Well, I think we can safely say that the 70, he, look, he's the number one market shareholder of EVs, okay. So when seventy five hundred dollar credit for anyone buying a new EV in the industry, he can say that benefits the whole, you know, EV industry. And I think that got him to pop off. He was also very upset about NASA funding and what he wanted was a hard integration of SpaceX and the Dragon capsule that went up and ultimately offered to save the astronauts who were stuck in the space station. So I think there was NASA and I also think there were things for the EV industry like that $7,500 credit that he says, oh, that's not only about Tesla. Give me a break. You're 70% of the charging stations and you're 44% of the market share. Of course that one benefits you more anybody else and you can sound noble and say, well, it's about EVs everywhere. But I think those kind of things is what really got them going.

[Patrick Bet-David]

Yeah, makes sense. So to me, I think the main things he's looking at is stuff that he's going to be connected with financially, Tesla, but I think EV is going to be at the top, right? And when you see something that's going to all of a sudden trigger your business, suddenly you go zero to nuclear the way that he did and it's over with. And if you notice a couple things that we talked about last on Saturday, the emergency meeting of who is in the inner, inner, inner circle, if this is the inner circle of Trump and let's just say five people are in here, this is 20 people, this is 50 people. Where is Elon at right now?

[Tom Ellsworth]

Oh, he's on the outside.

[Vincent Oshana]

Oh yeah, he's, he, he's, he's outside the third ring.

[Patrick Bet-David]

He's outside.

[Tom Ellsworth]

He's out there.

[Patrick Bet-David]

I think so as well. And, and by the way, there's a part of me that thinks he's also happy and he's done and he's doing what Larry Ellison is doing to not, not want to have as much to do with politics as because he really went off last year, 2024, going in all in fully, you know, driving, doing all the stuff that he did. And then all of a sudden notice what happened with business issues, results, headaches. Is that because I'm out of it. I don't know if I want to mess with it anymore. All right, let's go into the next one. We'll see. By the way, we don't know yet. We'll see if he's not gonna, maybe he's going to make a comeback and we don't know anything about what's going on here with him. Next story I want to get into. And Tom, I'm coming to you here. Very, very interesting folks. This is worth you listening to, especially if you want to buy a house, sell a house, whatever you're going through. Story comes out that says more than a thousand, that says new real estate math, half a million more sellers than buyers. Wall Street Journal, while that story's out there, the other story, Financial Times says Federal Reserve starts to split on when to begin cutting U.S. interest rates. Huh. What do they mean by this? I can't wait for Tom to tell you guys what Scott Besson's idea is here. Okay, so let me read this to you. Christopher Waller, no relation to Christopher Walker. Walk in. Federal governor, potential successor to Federal Reserve Systems chair Jay Powell advocated for rate cut as early as next month, stating in a CNBC interview, we've been on pause for six months thinking they're going to be a big tariff shock to inflation. We haven't seen it. We should be basing policy on the data. This contrasts with Federal Fed's unanimous decision, yes, Wednesday to maintain rates at four and a quarter to four and a half despite President Trump pushing to cut rates to three and a half points. Trump criticized Powell on Truth Social Friday, saying, I, I don't know why the board doesn't override this total and complete moron. Maybe, just maybe, I have to change my mind about firing him. But regardless, his term ends shortly. Powell, whose term ends in May 2026, acknowledged Wednesday there was a pretty healthy diversity of views on the committee, but noted with uncertainty. As elevated as it is, no one holds these rape paths with a lot of conviction. Tom, what idea does Besant have they want to share with the Rest of.

[Vincent Oshana]

Us, The Fed likes to say that it's neutral. Right? They always like to say, well, we're neutral, we're not political. Right. They say that all the time. Yeah, but ladies and gentlemen, it's election season at the Fed. Christopher Waller is a potential successor to Federal Reserve Chairman Jay Powell. So who is in charge of selecting the candidate?

[Patrick Bet-David]

Trump.

[Vincent Oshana]

So guess What? It is 10 months to a new Fed chair. We are coming up, coming up on TED Month. So isn't it interesting that Christopher Waller doesn't slam Mr. Powell, but he certainly says, I think it, I'm on the dot chart and I think maybe it's time to cut. Remember European Central bank? Right now it's 2.1 to 2.4. That's where the European Central bank is. And we're still at 4. So we're 2 percentage points ahead of, I mean, above the European Central Bank. Well, check this out. Why would Christopher Waller be saying something like this? Well, there's also other things going on. Do you know, Scott Bessant, in addition to being in favor of nukes, which is a good thing in my book, in addition to being pro crypto, which is a good thing in my book, and in addition to being in favor of cutting rates to help businesses borrow more cheaply, not at zero, but more cheaply, and. And to help homeowners stimulate the biggest asset that most people have best sense in favor of all of that. But he also knows what else he's in favor of. He's in favor of this little proposal that says, hey, maybe we should nominate because the Fed is such a big deal and there's so much impact on the stock market. What will the Fed do? Look at all the interest we have, Vinny. You see it like countdown. The it's three days, two days, one day Powell's going to the microphone. What will he say? It's a big deal, right? And it moves the stock market. Well, Besson has said, hey, you know what? What if we nominate the Fed replacement now? What if Trump nominates him now? We get them confirmed now, and then the markets know what's going on because we're only 10 months away from a new Fed chairman. And you know whose name is getting floated by some of his friends, Scott Besant. So Scott Besson is saying, you know what? Maybe we should do this. And as a matter of fact, I'd like that job. And so let's make a new Fed chairman, because guess what happens the minute if they did that, even though it's a year before you Go into office. It's just like what happens to our president between November and January. Had Biden been, you know, God bless him, a full able bodied president, how much does even the best president get done between November, the day after the election and the inauguration? Nothing. Because it's called the lame duck, period. This would effectively make Powell a lame duck. And you would have Scott Besant, known to be the next Fed, coming in. So he would be speaking to the markets. And I found this whole parlor game interesting. And Christopher Waller, no surprise, he wants to be a candidate too. And now he's come out and says, you know, maybe it is time to cut rates.

[Patrick Bet-David]

You know, you know what I will say? Okay, so I think first of all it's a brilliant idea because it's representing a person. Like if Besson comes out and tells Trump, let's appoint somebody automatically from now, that's going to be the person in.

[Vincent Oshana]

2020 and get them confirmed.

[Patrick Bet-David]

Yeah. Wow. I. There's a part of me that likes the idea. There's a part of me that thinks Trump won't do that because it's not his personality. Because Trump wants people to compete for to last minute. He doesn't want him to get too comfortable. And if he appoints and confirms and then all of a sudden this guy and Jay Powell both agree, then he looks horrible. So confirming too early is a little bit also risky for me. I don't know if I would do that.

[Vincent Oshana]

What if they both want to hold brakes?

[Patrick Bet-David]

That is exactly the problem. So I would pump the brakes on that. However, I will tell you this. The other thing you had to study on a profile of Jerome Powell. I don't think Jerome Powell gives a shit. I don't think he cares. He's intimidated, he's threatened by his job. He does not give me the vibe of being that guy. I seriously don't think he gives me the vibe of being so confident. Who were his parents, by the way? Can we find that? Rob, can you tap on who were Jerome Powell's parents? I want to know whose parents were children. He's got three. Spouse, Alyssa Leonard, 6. Who's your pal? Parents 6 children to Patricia Hayden and Jerome Powell, senior lawyer in private practice. His maternal grandfather, James Hayden was the dean of Columbus School of Law. His mom Catholic University and later lecture of Georgetown Law. He has five siblings. He graduated. Yeah, look, this guy was raised properly, let me tell you. This guy was raised properly to be that, that poised. What's his faith, what's his denomination, what does he believe in? What what's his religion? What is.

[Vincent Oshana]

I think he's Catholic. He went to a Jesuit. He went to school.

[Patrick Bet-David]

He went to. Did he go to Jesuit University? Georgetown University. So, wow. I mean, if you read Jesuit leadership, that, that book on how, how disciplined Jesuits are. Georgia University, Catholic University of America, not a practice. He has supported the church of charitable efforts on deceased. Very interesting the way he is. He's a very, very interesting guy to be this strong in his. So while he has Catholic roots, he appears to be non practicing. I don't know. I don't think he wakes up in the morning worried about this. Adam, what do you think?

[Adam Sosnick]

Well, the best way to describe the relationship between Trump and Jerome Powell is if picture a car. Trump is the gas and Powell is the brakes. And Trump's trying to go faster. He's trying to speed things up. And Powell's just like, relax, buddy, I got this. How many threats, how many broken promises has Trump made about Powell? This is one thing I will say about Trump, where he's been dead wrong on. He's done zero to sway Powell's influence or his judgment. Trump is crushing it right now, I believe, especially with foreign policy this week. But anything with Powell, he's not doing well on. But if you take a look at the numbers, here's what's interesting about the United States right now. Inflation. United States versus the rest of the world. We're killing it. We're doing great. Our core consumer price index, I think, has us at like 2.4%. The rest of the world is in the mid fours, 4.3, 4.4% unemployment. Because obviously the Fed is responsible for cooling inflation, but also keeping employment right up. Right. So employment, I think America's somewhere around 4%, whereas the rest of the world is, I don't know, in the fives, possibly even higher in some countries. The Fed fund rate, I think, is currently at seven and a half. I'm sorry, at four and a half. So the prime rate is seven and a half. United States is sitting really, really pretty compared to the rest of the world. You know, where the rest of the world is doing better at the very least. Take a look at what mortgage rates are in the United States versus the rest of the world. Take a look at what the United States mortgage rates are versus Canada or in countries in Europe, they're almost double in the United States versus the rest of the world. I don't know why that is. Our, our prime rate is obviously tethered very closely to the mortgage rates. But mortgage rates are a lot lower in the rest of the world. So we'll see what happens with the real estate market. But everything else in the market, inflation, employment, consumer price index is all in the United States favor right now.

[Patrick Bet-David]

All right, let's go to the next story. Two CNN executives both struggling network as executive anxiety source over cost cutting after spin off. Okay, man, if we were in a different place and, and we would, we would go, go pick that brand up and just flip it easily right now.

[Vincent Oshana]

We wouldn't flip it. We would flip it on its head and drive it.

[Patrick Bet-David]

Okay. It's Tuesday. Laura Baron, Baron Bernardini, vice president of domestic news and Jack Smith, vice president of digital video, are leaving CNN with Bernardini having served 28 years and Smith 17 years, per Oliver Darcy Status newsletter. CNN plans to tighten expense accounts starting July 1, requiring receipts for travel and source meetings amid anxiety over a corporate spinoff from Warner Brothers Discovery, WBD and Global networks led by WBD CFO Gunner Weidenfels who told staffers in a memoir know I'm a deep admirer of CNN and consumer its content around the clock. CNN staffers expressed unease after the spin off at one, telling Darcy, everyone is wary and tired and there's so much change that we don't understand what direction the company is going in. And another noting there are people who think CNN won't exist at some point. Hard to believe what will happen. But there are people who feel that way. Tom, thoughts on this? How bad is it?

[Vincent Oshana]

It's, it's very bad. And this is just the tip of the iceberg. And these are just people who that are reacting to the spin off because the spinoff has said one word, profitability. We have to operate profitable. So we're being spin off with a lot of the cable assets into a tracking stock. That stock will act like its own little company. And that's what Zaz, who's the ultimate CEO of Warner Brothers Discovery is calling the shot here, has decided he's going to take the streaming and the big stuff. He's going to continue, continue to be cfo and the CFO is going to run the other side of it. And what's going on right now, everybody is freaking out because all eyes are on cnn. Why? Because even the people that run CNN and even the people that run the spinoff, they see that CNN can and should be more profitable. So guess what? They've been cutting contracts, they've been cutting people and they've been making changes for a year now coming up to this. And now it's really Happening. And you got people that were there 28 years and 17 years the party is over. They know the party's over that they don't have automatic positions. Automatic. And these people were upset. They actually leaked out to Oliver Darcy and Oliver Darcy is a very good source of media gossip from inside. And they leaked Oliver Darcy. Oh man, it's going to be bad. They're tightening up our expense reports. You need receipts for everything. Well, guess what, there is another part of that. Two hour lunches and people were spending excessive amounts on a company credit card for lunch. In other words, hey, we're cnn. We get to do everything. And the cuts are coming. And it's, you know what? Anderson Cooper salary is going to get closer to Caitlyn Collins, not the other way around. They're all getting squeezed down because it has to be profitable. And now you're finding layers of management are self selecting out. And when I see things like this where the leadership knows exactly what they're doing. Pat, you ran very large insurance organization. You knew exactly what an incentive program or controls or maybe it was an incentive program with some specific rules of performance. You knew who was going to say oh man, I'm out before it even start. And you knew who was in. Right? You absolutely know that as a leader. Well, that's what's going on here. And I think what they're doing is they're putting on these controls because they want some of this dead dinosaur flesh to just leave the organization. But cnn, you know what, these are just small.

[Patrick Bet-David]

What is what? Rob, can you, can you type in CNN top line revenue? CNN top line revenue if it's public.

[Vincent Oshana]

Info, I think it's cloaked within what they used to.

[Patrick Bet-David]

I know it is. Let's just Cable, Cable Ops 1.0 Big Time Scene of prompt top line revenue based on available data 1.8 billion in 2023. What is it in 2024?

[Vincent Oshana]

Can you tap in 21.8 anymore?

[Patrick Bet-David]

No, for sure. But what is 2024 CNN Top Line revenue. Every year it's been going down. The search results indicate that CNN's annual revenue 2024 1.8 billion based on financial metrics. I don't think it's 1.8 billion. And can you can. Well, they're not going to show their ebitda. That's, that's. I mean the brand is a strong brand for the riper but it is going to be such a massive, massive headache to manage to move forward with it. But imagine the inventory of video content stuff that they have and the infrastructure.

[Tom Ellsworth]

But it's, it's almost as if I wish I could. And it's, it's, it's almost like the leadership, when we talk about the Democrats and Los Angeles and New York, it's like I wish I could just address their leadership and say, do your damn job. All these numbers, Tom, all the money, everything that it's failing is, is let them know. You're supposed to run a news network, not a propaganda mill.

[Vincent Oshana]

Come up profitably.

[Tom Ellsworth]

Profitably. But you know what it is? People are sick and tired of your bullshit. You've been exposed. Trump exposed you with Jim Acasa when he said you're fake news. And you're not adjusting. You have to adjust. Think about the old school people, Pat. Bernard Shaw, Larry King, Ted Turner, Walter Cronkite. They had class, they had a message. They were doing something good. It's not hard. Stop hiring propaganda. Freaking activists with teleprompters report the news. Yes. Have different opinions and have people say their points. But it's like, gee, like you guys aren't journalists anymore. It's over. And then, and then they're shocked. The world is like, wait, what the, why are they failing? You guys know why they're failing? Because they suck. They suck. That's why people are turning to podcasts. Guess what? They like this one where everybody has different opinions, but we're giving you facts. We're fact checking in real time. Me and Adam go at it all the time. Tom and Adam go at it. Me and Pat, we don't agree with everything. And that's, that's why this is taking over. And people like CNN are losing and they will not adjust. That's the worst thing. The ship keeps sinking and they're like, bring on another captain. It doesn't matter. Your ship is going down and the market is speaking up and that's it.

[Patrick Bet-David]

Yeah, I, I listen. I, I period. If they can't save Scott Jennings, if Scotch. If, if Right now. I'm being serious. Yeah. If somebody wanted to destroy cnn, guess what? Get Scott Jennings to run for office or do something. Scott Jennings leave cnn.

[Tom Ellsworth]

It's over.

[Patrick Bet-David]

Somebody would buy them. But if you want a discount, here's how to get the discount. Say the company right now to buy is worth one and a half billion dollars.

[Tom Ellsworth]

Yeah.

[Patrick Bet-David]

You ready for the crazy one time.

[Vincent Oshana]

Revenue or something you read?

[Patrick Bet-David]

You ready for the crazy strategy? Here's what I would do. I would, if I take Scott Jennings. Yeah. Give him a five year, $25 million contract to a company you paid him 25 million bucks. Okay, then CNN's rating is going to drop 25%. Couple of shows, it's going to drop 25%. Main show is going to drop 25%. Yeah. Then that one and a half billion dollars now you can buy for $1.2 billion. You pay $25 million to save $275 million.

[Tom Ellsworth]

Very smart.

[Patrick Bet-David]

Step number one, get Scott Jennings out of CNN. Step number two, get yourself a $300 million discount. That's how I would do it, Adam. Go for it.

[Adam Sosnick]

You know what show on CNN gets a million viewers a night? Do you know what show?

[Patrick Bet-David]

None.

[Adam Sosnick]

None. You're absolutely right. We're the only major network of the three news outlets between Fox News, MSNBC and CNN that doesn't have one show that gets a million viewers a night. This podcast, this little homegrown podcast on bbd Podcast will likely get a million viewers, but not cnn. Their top ranked show, I believe is Anderson Cooper. You can fact check this at somewhere around 700,000 viewers, maybe a little bit more.

[Vincent Oshana]

I think that would be a big night for him during the week.

[Adam Sosnick]

By the way, to put that into perspective, the top shows on Fox News, I think the Five gets almost 4 million viewers. I want to say Jesse Waters is hovering at three, three and a half viewers. Three and a half million viewers. Gutfeld also three and a half million viewers. Even on msnbc, Rachel Maddow is getting almost two million viewers. Here's the biggest problem with cnn. You gotta pick a side. You know, everyone knows that Fox News is to the right. Everyone knows that they claim to be fair and balanced. Okay? Everyone knows that MSNBC is on the left. They don't even hide it. Like, they're just like, if you have Trump derangement syndrome, come visit us here at msnbc. The problem is news have gone so far from what Walter Cronkite once did and once basically stood for, that everything is so tribal now. So CNN is stuck in the middle. No, we're on. We're fair. We're balanced. No, we're anti Trump.

[Patrick Bet-David]

No, no, no.

[Adam Sosnick]

Now we're covering Trump favorably. They're beyond repair because they're not on one team. The days of being fair and balanced are over. You need to pick a side. And unfortunately, they've already picked their side. And no one on the right trusts them. And people on the left don't trust them either.

[Tom Ellsworth]

Adam, there has to be a reason why. Okay, I get, I get the biases and Fox is right and CNN is left, but why is Fox like number one and kicking ass. Because yes, we know that they're conservative, but they're reporting facts. They'll go back and forth and they'll have their opinions. CNN lies. CNN is propaganda, okay? CNN is, is been exposed and there's no coming back. Bro. They get. Mind you think about it, the Abby Phillips show. People are tuning in not to see Abby Phillips. Nobody wants, nobody gives a. What she has to say. It's what Scott Jennings is going to do to that entire panel of delusional leftists. And that's what it is. Say what people want about Fox. At least they're 10 telling you how it is and that's a reason that they're number one. CNN will purposely push some shit like propaganda and they'll have all these activists from Jim Acosta who's, who's doing substack to Brian Stelter who they fire. And dude, when I tell you they can't get out of their own why their own way. You hire Brian Stelter back. What the hell are you doing? If you get, if you fire somebody, bro, let him go. He's.

[Adam Sosnick]

You're, you're mostly right, Vinnie. You're just not all the way right. The to act like Fox doesn't have propagandists or activists.

[Tom Ellsworth]

I didn't say that.

[Adam Sosnick]

But are they killing facts ideologues?

[Tom Ellsworth]

How are they number one though? How are they number one?

[Adam Sosnick]

They're just less worse than cnn. But they all have opinion shows. And in my opinion, in my opinion, any opinion show should say Hannity's opinion, Ingraham's opinion, Tucker's opinion, Wolf Litzer's opinion.

[Tom Ellsworth]

Yep, but.

[Adam Sosnick]

So people aren't smart enough to basically decipher what's fact and what's opinion.

[Tom Ellsworth]

Are you ready for this? Like, like the Russia collusion thing? CNN not only knew it was fake, they took it and they ran with it and they pushed it all the line with, with COVID and all that. You can't come back from that. We, we are not gonna forget that. Putting, putting the death tracker up there like they were proud of it during COVID It's like, nah, bro, Fox doesn't do that. Fox never took a story like that. That new Hillary Clinton started and pushed that shit to divide us.

[Adam Sosnick]

They're never going to get that back again. You're mostly right. But you're also going to have a hard time convincing though how much Almost a billion dollars. That Fox News.

[Patrick Bet-David]

You're not there yet. One of these days you'll be there.

[Tom Ellsworth]

You know what I'm going to buzz my butt, Pat, and I promise you for the new year, I'm going to try to get there.

[Patrick Bet-David]

According to Adam, you're not. All right, one of these days, let's.

[Vincent Oshana]

Put a period at the end of the sentence and move on. And it was Anderson Cooper makes $18 million a year. $18 million a year Anderson Cooper makes. And the CFO who's going to be the CEO of all the cable nets, his name is Gunner. Gunner Videnfels is looking for ways to cut cost. So they have said. Apparently they said on the 12th and I missed it, but they spoke to the Puck newsletter and they leaked. Well, Anderson, and news has an uncertain future at CNN given the $18 million contract cost. So guess what? He's either going to get bought out, called take your medicine now, you give him a payout, or they got to negotiate it. Because is Anderson Cooper at 18 million worth? 6. Kaitlan Collins at 3?

[Patrick Bet-David]

No.

[Vincent Oshana]

Nope, she's not even worth that. Ooh, ooh. I'm just saying, economically speaking.

[Adam Sosnick]

And by the way, I'm upset on his birthday.

[Vincent Oshana]

There's rumors in media land that she's not as liberal as she portrays to be, that she's like more moderate. But she assumed this political position on the number line of liberal versus conservative, and it has served her career well. But deep inside, she's a little bit more moderate, so we will see. And when I say she's not worth the three, I'm talking about the economics of the moment. So you're saying whether she's making money on her show or not, but could, could she be worth more than that to somebody?

[Patrick Bet-David]

Maybe she ain't worth the food stamp. And at death row at cnn, I hear she's getting treated like, oh, snap, boot camp. Gotta follow the sergeant's direction, Tom, or get your ass. I'll stop right there, guys. We watch. We watch Straight out of Compton the other day. Let's stay focused, guys, okay? Armenian Prime Minister Pashinia meets Erdogan in Turkey on historic visit. This is according to France24 story. Armenian Prime Minister Pashinia met with the Erdogan. To recap in Istanbul on Friday for an in depth talks lasting over an hour at Dharma Bahad's palace discussing the Armenia Turkey normalization process and a regional peace. Pashini's government described the visit as a historic step with both leaders addressing potential steps to be taken with the framework of the normalization process between Turkey and Armenia, per Erdogan's office. Pashino posted on x about their in depth exchange and reaffirmed Armenia's commitment to building peace and stability in our region. The leaders discussed Armenia's peace negotiations with Azerbaijan, with Erdogan stressing the significance of the consensus reached in those talks. According to the office, relations remain strained. Pay attention to this one. Due to the World War era, mass World War I era, mass killings of Armenians, which Yetavan calls genocide, a term Turkey rejects, and Turkey's support for Azerbaijan in its conflict with Armenia. So this is the part where when you hear a story like this on what's going on with Armenia, trying to have the meeting with Turkey. Great. So what's step number one? Have the meeting. What's step number two? How do you handle yourself in that meeting? How do you negotiate? What leverages do you have? What insurance policies do you have? What ace do you have up your sleeve if it goes wrong? Who has your back? Does Russia have your back? Are you establishing relationships with people in US to get closer to them or because you are getting so close with everybody there, you're not. You kind of worried about. If you get too close to us, Russia is not going to be happy because you're on the border with them. Erdogan is not going to be happy. You have to kind of get stronger with the bricks, you know, but. But he's in a very interesting place. There are certain Armenians who watch Pashinyan and another man, that's a sweet man. I think he was a journalist before of what he did before he became the pm. And the. The level of strength to be able to do the. All the negotiations, the deals that is being done. When you go to Erdogan, imagine if all of a sudden Pashinian comes out and says, well, look, in order for us to have peace, we have to all agree that the Armenian genocide never happened. And we have to call it a different word. Do you know what would happen if he does that? So imagine Pashinian agrees to change the verbiage of a genocide never happened. Now, here's the thing. Who has leverage in this meeting between Erdogan and Pashinya? Erdogan has the leverage. Okay. Do you think, Tom, when Erdogan is sitting with Pashinyan, do you think Erdogan sits there and says, hey, what are the chances, Tom? Do you think Erdogan would suggest. I think moving forward, you guys got to stop saying genocide. Genocide, genocide, war. Yes. Mass killings. Yes. You got to stop saying genocide. You can't say that anymore. Do you think Erdogan is going to be resolved and Strong about that phrase needing to be changed.

[Vincent Oshana]

I think so, because they want to basically put that history behind them. They don't want to have like a grand admission of something right now which sort of takes that history and, you know, it explodes again. You know, if I was president here in the United States, I've told you this before, we would have a Armenian Genocide Remembrance Day on the calendar because of the rich history and contribution Armenian Americans have made to America, where America is not a race, is not a language, it's all of us. And I would recognize their contributions or recognize that that tension lives here because Turkey's got the largest military in the Middle east and like one of the top 10 militaries in the world. And they're strategically significant. And they've had U.S. bases. So you've had all these U.S. presidents saying we probably shouldn't say the, you know, the G word with the Turks because we got all these bases and we needed these bases there, you know, especially the Air Force bases, because it was strategically significant in the Cold War versus Russia because of the geographic location of Turkey. So Erdogan's kind of playing those cards because for decades they've been able to get US Presidents not to push to say the G word. And because they've been able to play the card well, there's a strategic significance here. Why do you want to kick all my people in the teeth? Why do you want to do this? That happened so long ago. So it's so long ago. Can't we get past it? And can we just refer to it as part of the horror of World War I? Can we just say that Turkey and Armenia had a moment World War I? It was just part of the horrors of World War I. And I think that's what Erdogan was going to want. I don't think he's want to. He's going to want to accept the word and therefore accept responsibility and therefore accept the narrative.

[Patrick Bet-David]

This is going to sound. This is going to sound weird. Do you think Pashinyan. Do you think Pashinyan is as much of a true believer in the history of Armenia. Armenia as Netanyahu is a true believer in Israel?

[Vincent Oshana]

I don't know enough about him to make an assessment.

[Tom Ellsworth]

What do you think?

[Patrick Bet-David]

I don't know either. But let me tell you something. If. If you're a proud Jew from Israel and you're seeing the support for Netanyahu increasing during this tension that they're having, do you like a guy that is Israel first? Do you like that Trump is America first is Pashinian. Armenia first. Is he Pashinian first? I don't know what he is first? I don't know. But when you go into these rooms, like, if I send you an insurance, we'd give you 20 appointments and I would send you in the rooms and you go sit at the kitchen table with the husband and wife. Let's just say we knew they. They were qualified, they were ultra high net, whatever you want to call it. I would judge you on if you close the deals or not. Yeah. I would say, nah, he's not a closer. Then I would try Tom. I'm like, no, Tom closes. Moving forward. I'm going to send Tom in those meetings. When we send Trump in meetings, do you think Trump's a closer? I don't know if. I don't know if Pashinia is a closer. Maybe he is, maybe he's not. We know Erdogan's a closer.

[Tom Ellsworth]

Oh, yeah.

[Patrick Bet-David]

You don't have to like him. You think he's turkey first? Of course he's 100 turkey first. So to me, I don't know if Pashinyan has the same swagger when he walks in. And somebody may say, well, they're small, though. Israel is small. Small net, meow wax big. He built some strong alliances. Can Pashinian do that? Does Armina need a leader like that? Maybe, maybe not. Anyways, gang, as usual, it's been great hanging out with you guys. We will. Mostly, by the way, in the room we're in right now, the AC works so good here.

[Tom Ellsworth]

Oh, Rob's. Rob doesn't look like sweating.

[Patrick Bet-David]

It's freaking. We're almost freezing. I asked Rob, can you guys grab me a jacket because of how freaking cold is naked? But anyways, guys, it is so. It is so cold here that through zoom, Adam is even cold. That's how cold is. If you look at Adam right there with. That's right, Adam, you're being. Anyways, gang is doing so well. Listen, I hope you know this, how much we appreciate you and we know without you, it's just the four of us talking. But you know what's crazy about this? Even if the camera is not on, if you ever see us going to dinner without any cameras on, we have just as much fun with the camera on versus camera off. It's the same exact energy when we're together. This is just how we are. We're always talking, debating, talking, laughing. It's the same culture that we have but wouldn't happen. What we've been able to do here without you. We want you to know whether you agree with us, disagree with us. We get people that get on that can't stand us. We get people that get on that like what we have to say, and we get people get on that want to see different perspective. Either way, we appreciate every single one of you guys. We're grateful for you. God bless. Have a great day. We'll do it again on Thursday. Take care, everybody. Bye. Bye. Bye. Bye.