Weekly Review With Clay and Buck H3 - Golden Ticket

Summary

Podcast Title: The Clay Travis and Buck Sexton Show
Episode: Weekly Review With Clay and Buck H3 - Golden Ticket
Release Date: March 1, 2025

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Introduction

In the "Weekly Review With Clay and Buck H3 - Golden Ticket" episode, hosts Clay Travis and Buck Sexton delve into a groundbreaking proposal introduced by former President Donald Trump—the "Gold Card" citizenship program. This initiative aims to address the United States' soaring national debt by offering citizenship to wealthy individuals in exchange for substantial financial contributions.

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Main Discussion: Trump’s Gold Card Proposal

Overview of the Proposal

Clay and Buck explore Trump's innovative idea to sell U.S. citizenship, dubbed the "Gold Card." According to Trump, selling citizenship could help eliminate the nation’s $36 trillion debt by attracting wealthy individuals willing to invest significant sums into the country.

• Clay Travis: "What does the future hold for business? Ask nine experts, you'll get 10 answers. A bull market, a bear market. Inflation's going up, coming down. Can someone please invent a crystal ball?” [03:14]

Financial Implications

Buck questions the mathematical feasibility of Trump’s proposal, highlighting uncertainties in the calculations and the sheer scale required to impact the national debt significantly.

• Buck Sexton: "10 million times 5 million, is that 50 trillion? I don't know. I know it's a big number.” [08:36]

Clay expresses optimism about the potential influx of wealthy immigrants, suggesting that their investment could bolster the economy:

• Clay Travis: "Super rich people, all their assets coming here, eliminating a substantial swath of our national debt.” [09:53]

Eligibility and Limitations

Buck emphasizes the need for strict criteria to ensure only genuinely affluent individuals can participate, proposing a higher entry point to filter candidates effectively.

• Buck Sexton: "I don't think you should just be able to get to the Front of the line on this. Look, here's my position...” [11:00]

Clay discusses the importance of defining the total addressable market, questioning how many individuals globally have the liquidity and willingness to invest such sums.

• Clay Travis: "What is the total addressable market? How many people actually have the ability to pay 5 or, in your case, I don't necessarily disagree, 10 million to become citizens.” [12:03]

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Economic and Social Considerations

Impact on American Identity

The hosts debate the cultural and societal implications of allowing wealthy foreigners to gain citizenship, pondering whether this approach aligns with American values and identity.

• Buck Sexton: "Maybe yes, maybe no.” [32:52]

Clay argues that attracting wealthy individuals could rejuvenate the economy without diluting American culture, provided strict regulations are in place.

• Clay Travis: "The richer you are, the more likely you are, frankly, to stash your cash here.” [12:38]

Comparison with Current Immigration Policies

Buck contrasts the "Gold Card" proposal with existing immigration challenges, emphasizing the strain caused by both legal and illegal immigration.

• Buck Sexton: "We've never had the level of both legal and illegal immigration together in such a condensed period of time.” [11:00]

Clay highlights the inefficiencies in the current system, advocating for a more controlled and economically beneficial approach to immigration.

• Clay Travis: "The asset of American citizenship is entirely a function of you and me...” [31:12]

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Listener Engagement: Call-Ins and Feedback

Supportive Views

Listeners like Chris from Brockton and Dave from Asheville express support for the Gold Card idea, emphasizing its potential to infuse capital into the U.S. economy and assist in debt reduction.

• Chris (Brockton, MA): "I'm a big supporter of the gold card, but I'm also a supporter of the K1 visa.” [42:07]

• Dave (Asheville, NC): "I don't think American citizenship should ever be for sale. I would be in favor of giving a person a green card if they paid the $5 million.” [42:31]

Concerns and Criticisms

Listeners like Gretchen from Georgia raise concerns about the potential concentration of wealth and influence, fearing that it could lead to disproportionate power among new citizens.

• Gretchen (Georgia): "Rich doesn't always mean desirable... Do we need more of those?” [43:57]

Clay and Buck address these fears by asserting that strict qualifications and caps can mitigate such risks.

• Clay Travis: "We would have to pass a law that says every dollar from this goes to pay down the national debt.” [34:02]

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Economic Analysis and Feasibility

Calculating the Impact

Buck attempts to validate the financial aspects of Trump's proposal, acknowledging the potential but also expressing doubts about the project's scale and practical execution.

• Buck Sexton: "But I feel like there also has to be a component of this that, you know, like...” [13:51]

Clay highlights the economic rationale, suggesting that the influx of wealth from these new citizens could lead to increased investment and job creation.

• Clay Travis: "Their money that they spend here would raise the overall quality of life for everyone...” [35:43]

Buck underscores the need for legislative safeguards to ensure the funds are directed appropriately towards national debt reduction.

• Buck Sexton: "There's some details that need to be worked out. I do think there has to be a cap on it.” [23:10]

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Conclusion and Final Thoughts

Clay remains optimistic about the Gold Card proposal, seeing it as a pragmatic solution to America's fiscal challenges. Buck remains cautiously supportive but emphasizes the necessity of stringent controls and thorough planning to ensure its success and alignment with American values.

• Clay Travis: "I think this is genius... What am I missing? What are you skeptical about?” [09:53]

• Buck Sexton: "I just have my concerns about the idea...” [29:47]

The episode concludes with an invitation for further listener engagement, encouraging continued discourse on the feasibility and implications of Trump's Golden Ticket initiative.

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Notable Quotes

• Clay Travis [09:53]: "I can see Buck's face. He's like, I don't know. I think this is actually genius.”

• Buck Sexton [08:36]: "10 million times 5 million, is that 50 trillion? I don't know. I know it's a big number.”

• Clay Travis [35:43]: "Their money that they spend here would raise the overall quality of life for everyone.”

• Buck Sexton [23:10]: "There's some details that need to be worked out. I do think there has to be a cap on it.”

• Gretchen (Listener) [43:57]: "Rich doesn't always mean desirable... Do we need more of those?”

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Key Takeaways

• Trump’s Gold Card Initiative: A proposed program to sell U.S. citizenship to wealthy individuals as a means to reduce national debt.

• Economic Potential vs. Practical Challenges: While the financial benefits are significant, practical implementation requires meticulous planning, strict eligibility criteria, and legislative oversight.

• Cultural Implications: Balancing economic gains with the preservation of American cultural and societal values remains a critical concern.

• Listener Perspectives: Support exists alongside valid criticisms, underscoring the complexity of immigration reform and fiscal policy.

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This episode provides a thorough examination of a bold economic proposal, blending financial analysis with socio-political discourse. Listeners gain insight into both the potential benefits and the challenges of implementing such a policy, fostering informed discussions on the future of American immigration and fiscal strategy.

Transcript

[Leah Palmieri]

Hi, I'm Leah Palmieri.

[Matt Stilo]

And I'm Matt Stilo. And you might know us as the host of the hit iHeart podcast, Grown Up Stuff.

[Leah Palmieri]

So lately on the show we've been crunching the numbers on tax season and we're learning a whole lot. For instance, Matt, did you know there are more than 33 million small businesses in the US?

[Matt Stilo]

That is way more than I thought.

[Leah Palmieri]

Same. And do you know some of the top cities for small business growth in the us?

[Matt Stilo]

I actually don't know that one.

[Leah Palmieri]

Okay, I'm gonna tell you. We've got Scottsdale, Arizona, Atlanta, Georgia, Miami, Florida, Orlando, Florida and Austin Te all over the country. That's why we've been talking with the tax experts at TurboTax Business about the tips and tricks small businesses should keep in mind when navigating tax season to file with confidence and hopefully save a few bucks.

[Matt Stilo]

Well, I can definitely tell you the more stuff I've learned about how taxes work, the more I think small businesses might want to leave it to the professionals this year.

[Leah Palmieri]

Yes, TurboTax Business has a fleet of experts, especially small business experts who can give you advice throughout the process or just handle the whole thing for you.

[Matt Stilo]

Get expert help today by visiting TurboTax.

[Clay Travis]

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[Matt Stilo]

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[Clay Travis]

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[Matt Stilo]

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[Clay Travis]

And I have a question for you. What do you do when you win? Like are you a fist pumper?

[Matt Stilo]

A woo hooer?

[Clay Travis]

A hand clapper?

[Matt Stilo]

A high fiver?

[Clay Travis]

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[Matt Stilo]

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[Clay Travis]

We're prohibited by law 21 plus terms and conditions apply. All right, welcome in our number three Wednesday edition, Clay Travis Buck Sexton Show. One reason and by the way, I encourage you as always, go subscribe to the podcast Byron Donalds and Tom Holman both on in the last hour. I think you will really enjoy those conversations. Lots of information from inside of the administration breakdown. I think Byron Donald's going to be elected governor of Florida next year. That would be my prediction. Obviously there's lots of different things that happen between now and then. Tom Holman is doing a phenomenal job. I think I got us invited on an ice raid, which I'm gonna be honest, sounds kind of fun and badass.

[Matt Stilo]

I think, Clay, you gotta be first through the door, swinging, swinging the sledgehammer or the battering ram. I think, I think I. Clay, have you ever worn tactical gear before? We're to get you all kitted out.

[Clay Travis]

I went, no. When I was a law student, I did a ride around with Nashville local police because they wanted. We were doing criminal law. They were like, hey, you should actually see what a cop does. And I've been involved in criminal cases, not myself, but as a lawyer.

[Matt Stilo]

This is lawyers I'm talking about, Clay. I'm talking throwing some flash bangs, throwing some elbows, you know, getting involved.

[Clay Travis]

No, but I remember one of the thing that I found so interesting was my criminal law professor at Vanderbilt University, Don hall, amazing guy, just a great guy, rest in peace, taught generations of Vanderbilt lawyers criminal law. He said that when he would go, he would like to go because he loved to kind of learn in real time how do police. It's really very fascinating. How do police officers in a dynamic situation apply the law so that the evidence that they collect or the arrests they make are able to stand up under the the challenges of defense attorney?

[Matt Stilo]

I mean, you're going very academic on this. I just want video of Clay tackling some gang members.

[Clay Travis]

Like this is where I was going. He said he had assisted as a law professor in arresting bad guys because on one of the raids that he was on, they had too many bad guys and not enough cops. And he just dove and tackled somebody.

[Matt Stilo]

There we go. That's what I'm talking about.

[Clay Travis]

When it happened, he Was thinking like, this is going to be the craziest legal hypothesis ever. Dorky law professor. And he was in good shape and like, but, but, you know, actually assisting in an arrest would be one of the all time great factground hypotheticals. And that's what he said was going through his mind when he dove and made the tackle. I think he, by the way, was an FSU graduation. Like Byron Donald and FSU Faith.

[Matt Stilo]

We could get you dep. Deputized by ice. But you know, you know, just, just remember, you know, it's, it's never, it's fine to throw the elbow clay, you know what I'm saying? If somebody tries to take you down, you got to do what you got to do.

[Clay Travis]

So I would love to do the raid now. So I encourage you to go listen to our number two. When I asked if we could go on an ICE raid, as other members of the media have. I also love that Tom Holman said that he wasn't worried about us leaking the ICE raid coming. I think that's a good, I think that's a good hypothesis from him. He's been on a bunch of times over the years, even as Biden had failed with the border. Okay, so we started as we brought in Tom Homan to talk about this Trump gold card idea. And for those of you who haven't seen this, one reason I love Trump is every now and then he says something that I've never heard anybody talk about, like, I've never heard this discussed in any kind of substantial way. And he said, look, there are a lot of countries where you can buy citizenship and you will pay a certain amount of money and you can become a citizen. And let me, I started to, to explain this. My wife Laura, who you well know, Buck, I would say has a few prepper tendencies, meaning we're adding a lot of guns. She's got a go bag. She's talked about building a, a underground bunker. In the event she has looked during COVID she got really afraid about where the country was going. And when Biden was elected, she did research on, hey, how do you become a citizen, for instance, of a Caribbean nation? How do you become a citizen of a place where you theoretically could be removed? There's an ocean to protect you from chaos elsewhere. And so she was telling me all this stuff. She's got a law background too, that there are actually tons of countries out there. And I never really had looked into it or experienced it where you can basically buy a passport. And it's not just Caribbean nations. I believe the island of Malta, you can pay and you get an EU passport. So it would entitle you to travel, for instance, all throughout the European Union, you and your family. Meanwhile, we got all these people coming illegally into our country, trying to become citizens, and we don't, by and large, monetize that in any way. So Trump, the ultimate businessman, has said we should have a golden ticket, basically, where you pay $5 million and you and your family can come to the United States and become citizens. And he took it a step further, and he said if 10 million people around the world did this, we could eliminate our entire national debt. Now, I'm trusting Trump on this. 10 million times 5 million, is that 50 trillion? I don't know. I know it's a big number. I tried to do it on my calculator, Buck, and then I got that E and a bunch of zeros, and I'm not good enough at math to know. Can somebody with a calculator confirm Trump's math here? In the meantime, listen to the audio.

[Matt Stilo]

Will be able to sell maybe a million of these cards, maybe more than that. And if you add up the numbers, they're pretty good. As an example, a million cards would be worth $5 trillion. Five trillion. Wow. And if you sell 10 million of the cards, that's a total of $50 trillion. Well, we have 35 trillion in debt. That'd be nice. So we'll see. But it could be great. Maybe it will be fantastic. We have it all worked out from the legal standpoint. It's totally legal to do.

[Clay Travis]

Oh, Buck, this is brilliant to me. And if the math adds up, and I'm trusting Trump here because my calculator is not good enough, I don't see what the downside is. You're skeptical. I can see Buck's face. He's like, I don't know. I think this is actually genius. Super rich people, all their assets coming here, eliminating a substantial swath of our national debt. We've got 10 million illegals that came in during Biden with almost no assets. I would much rather have 10 million insanely rich people from around the world paying off our national debt and bring as many of their assets here as possible. What am I missing? What are you skeptical about?

[Matt Stilo]

First off, I just think the number should be 10 million.

[Clay Travis]

OK, so you actually think we're not charging enough that I don't think it's enough?

[Matt Stilo]

Yeah, I don't think that's. I don't think that you should just be able to get to the Front of the line on this. Look, here's the. My, my position is that really we've actually had too much immigration for too long and that we need to just be America for a while. Like, we're good. We need to get, we need to deport a lot of illegals. We need to allow assimilation of the illegal immigrants who have been here to occur, which is just part of, you know, time and culture and exposure and being here, you know, that we, it's kind of no room at the inn is a little bit of how I feel right now, to be honest with you. I shouldn't say no room, but it's been crazy. All right. And just look at the numbers. The country's never been through anything like this before. We've never had the level of both legal and illegal immigration together in such a condensed period of time to the tune of millions, millions, tens of millions. We have more foreign born Americans than at any time, certainly in the last 150 years. And so we need, we need a little, you know, America gets to just be America for a while. And that means, I think we got to look what Canada is doing. Canada went through this. And by the way, Canada has a point system. How much money do you have? What level of education do you have? And they got all kinds of problems from this. So am I, am I opposed to this in principle? So on the one hand, there's just the, I don't, I don't like, I don't want more H1BS, you know, being added into the mix. I very much disagreed. And we didn't get to talk about this. The whole Vivek take on that I thought was horrendous and wrong and just like blasphemy as far as I'm concerned for America. But anyway, I think that there needs to be a change in the way that we're taking illegal immigrants. Fine. I think it needs to be less. Do we want very rich people to come here? Yes, that's a good thing. They will bring assets, they will create jobs. If it's going to be so easy that you can just buy it, I think the number should be higher than 5 million personally. So that's one thing. Maybe Trump will be with me on that and I think it would have to be capped. Right. So what he's talking about would be anybody who wants it could come here.

[Clay Travis]

Well, first of all, the question that I would have, and this is the data nerd in me, is what is the total addressable market? How many people actually have the ability to pay 5. Or in your case, I don't necessarily disagree, 10 million to become citizens. And that's people who are not obviously, already in the United States because. And I understand people talk like, can.

[Matt Stilo]

I just throw this out there?

[Clay Travis]

Yeah.

[Matt Stilo]

What do you think there are. There are 6 million millionaires in China.

[Clay Travis]

Wow.

[Matt Stilo]

6 million millionaires in China alone. Is America gonna really feel that much like the America we know if you let in, let's just even say half that. If 3 million Chinese millionaires are here, we're getting into some real numbers. You know, that's a lot of people.

[Clay Travis]

Well, what I would say point out is a lot of these people would already own homes in America. So the richer you are, the more likely you are, frankly, to stash your cash here.

[Matt Stilo]

And also, should you. Should you have to give up your. I don't think you should be allowed to be a dual citizen with this. I don't like that for a whole bunch of.

[Clay Travis]

That's an interesting.

[Matt Stilo]

So I think you'd have to be only a US Citizen. I don't think you could keep your EU passport or keep your Chinese passport. If you're going to do this program that Trump's talking about, you got to be all in on America. So, again, there's some details that need to be worked out. I'm not. I mean, I see the numbers, but. But I feel like there also has to be a component of this that, you know, like, that's a little more of the old school. You love America. You want to be America. Do you speak English? You know, these are all things that I think need to be added into the mix as well, which, by the way, we haven't been doing that. To be clear, I would overhaul the whole immigration system dramatically.

[Clay Travis]

What I look at is, if you ask me right now, what is the biggest threat to American power? I would say it's our $36 trillion national debt. And I have heard very few legitimately intelligent takes on how we could ever eliminate that in any of our lives. Because you can't. The math doesn't add up. Right. You can't tax enough to eliminate the 36 trillion. Remember, what Elon's trying to do right now is just get it to the point where we're only spending a trillion more than we bring in and then hope that the growth in the nation is going to be fast enough to eliminate that over time.

[Matt Stilo]

He's trying to slow down the monster. He's not trying to slay them.

[Clay Travis]

That's right.

[Matt Stilo]

It's impossible for him. To slay the monster. And he knows that.

[Clay Travis]

My concern is, and this is big picture as we're getting ready for a break, but is the reason why crypto is taking off is a lot of very smart people are looking at our fiat currency, that is the dollar, and they are saying the dollar is diminishing in value every day because Americans have borrowed so much against it that at some point in time, the borrowing cabal collapses. And when it does, whether you're a billionaire or you're living paycheck to paycheck, you are going to bear the consequences. And I would argue we're all bearing the consequences now with 7% mortgages, with 20 some odd percent credit card interest, with the amount you're not getting a lot of 60 month 0% interest when you buy a car now. Right. All of that adds up. It takes money out of your pocket. So your concern, I think is an interesting one on like geopolitical tensions, who the loyalty of these individuals owe their loyalty to. My concern is if you told me, Clay, you have a magic wand, you can erase one major concern in the United States. To me, it is the national debt. And I've never heard anybody come up with an idea of how to actually eliminate the national debt. My question is, I don't know that the total addressable market of people willing to do this is 10 million.

[Matt Stilo]

But if it is, I don't think it is either.

[Clay Travis]

But if it were, or if you doubled the cost like you said, and it's 5 million, you could eliminate the whole national debt just with this program.

[Matt Stilo]

Well, it's also amazing. You think about you can pay $5 million through legal way, or until recently, you could pay $5,000 to the cartel, run across the border, and basically get a lot of the same value out of it, especially if there's ever an amnesty that comes, which the Democrats still want. So, you know, I, I don't, I'm not comfortable with the idea of America as an economic zone. And when you're selling citizenship, it starts to feel more and more like there's. There should, to me, there should be something more about America than just this is a place where you can have assets, make money and that, you know, there should be some, like we agree on that. We could be. I mean, I could be. I think you're too old now, Clay. But I could still be drafted, you know, like there's something more to this country.

[Clay Travis]

That's why you want me going in first on the ice thing. You got too many good years of life yet I gotta take the. I gotta take the bullet to the chest.

[Matt Stilo]

Oh, man. So we'll see. I'm very curious. Let's, let's open this one. This is a real talker. I think this is a fascinating idea from Trump.

[Clay Travis]

Have you ever heard it discussed ever?

[Matt Stilo]

Never. Not really, no. So for and against. For and against. Trump's $5 million, instead of a green card, he's calling it a gold card. What do you think about it? 800-282-2882.

[Clay Travis]

It's like the golden ticket from Willy Wonka, except you have to buy it instead of getting it out of the chocolate bar. What a great movie that was by back in the way, back in the day. I want to tell you, we're talking about saving money. We're talking about the fact the country's $36 trillion in debt. How many of you out there are just trying to save money on your credit card bill? If you are on your credit card bill, everybody. But on your phone bill. How many of you out there are paying way too much for your cell phone service if you don't have Pure Talk? I think the answer is a ton of you are. And right now Pure Talk's got a great offer for anybody who wants to save money on their cell phone bills. I've got two boys, teenagers. They don't get phones until they're 14 years old, but they both have Pure Talk phones now. I use it to get in touch with them. I'm going to be watching a basketball game tonight. I'm picking up my 14 year old. I'm going to be using his Pure Talk phone to communicate with him so that I know where he is to pick him up. For just 45 bucks a month, you can get a phone of your choice, either a Samsung Galaxy or an iPhone 14. Unlimited talk text, plenty of data every month, plus a mobile hotspot. It's going to get you hooked up in a big way and you can get it right now. No cost. By dialing pound two five zero and saying the keywords clay and buck, PureTalk's US customer service team will help you make the switch. Can happen in as little as 10 minutes. Dial £250, say the keywords Clay and Buck to claim your Samsung Galaxy or iPhone 14 on Pure Talk with a qualifying purchase. Again, £250 say clay and Buck. Do it today in as little as 10 minutes. You could be saving a bundle with our friends at pure talk. £250, say clay and Buck. You know them as conservative radio hosts. Now just get to know them as guys on the Sunday Hang podcast with Clay and Buck. Find it in their podcast feed on the iHeartRadio app or wherever you get your podcast.

[Matt Stilo]

On January 27, it is international Holocaust Remembrance Day. We remember the great horrors, the evil of the Holocaust. Millions and millions of Jews were slaughtered during the Nazi reign of terror. Now today we are witnessing the rise of global anti Semitism, the constant attacks on Israel, showing us that it is more important than ever to remember the atrocities of the Holocaust. And to ensure it never happens again, we have proudly partnered with the International Fellowship of Christians and Jews. Now they provide food, shelter, safety to so many Israelis in Israel as they fight against radical Islamic terrorism in our time, including those remaining Holocaust survivors. Your donation today will help provide food, water, medicine and other bare necessities to Jewish communities. Go to their [e-mail], that's supportifcj.org or call toll free 888-488-IFCJ 888-488-ICCJ today.

[Leah Palmieri]

Hi, I'm Leah Palmieri.

[Matt Stilo]

And I'm Matt Stilo. And you might know us as the host of the hit iHeart podcast Grown Up Stuff.

[Leah Palmieri]

So lately on the show we've been crunching the numbers on tax season and we're learning a whole lot. For instance, Matt, did you know there are more than 33 million small businesses.

[Matt Stilo]

In the U.S. that is way more than I thought.

[Leah Palmieri]

Same. And do you know some of the top cities for small business growth in the US I actually don't going to tell you. We've got Scottsdale, Arizona, Atlanta, Georgia, Miami, Florida, Orlando, Florida and Austin, Texas.

[Matt Stilo]

Those are all over the country.

[Leah Palmieri]

That's why we've been talking with the tax experts at TurboTax Business about the tips and tricks small businesses should keep in mind when navigating tax season to file with confidence and hopefully save a few bucks.

[Matt Stilo]

Well, I can definitely tell you the more stuff I've learned about how taxes work, the more I think small businesses might want to leave it to the professionals this year.

[Leah Palmieri]

Yes, TurboTax Business has a fleet of experts, especially small business experts who can give you advice throughout the process or just handle the whole thing for you.

[Matt Stilo]

Get expert help today by visiting turbotax.com business.

[Clay Travis]

What does the future hold for business? Ask nine experts, you'll get 10 answers. A bull market, a bear market. Inflation's going up, coming down. Can someone please invent a crystal ball?

[Matt Stilo]

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[Clay Travis]

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[Matt Stilo]

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[Matt Stilo]

All right, welcome back in everyone. We wanted to get your thoughts. We're putting out the call here for all of you on this Trump Gold card issue. Call in. Also talkbacks. We love talkbacks. They're very convenient for you too. You don't wait on hold, you just send them in. Download the Iheart app and then go to the Clay and Buck page. Press the little microphone. Talk back is a great new function only on the Iheart app. So go check that out. BB is the number and we have a listener. Roger, who sent in a talkback. Play it. You gotta make it a little bit rare. You gotta put a cap on it.

[Clay Travis]

And then they'll come even faster with.

[Matt Stilo]

Their five or $10 million. Put a cap on it. You know, 5 million people can buy a $10 million citizenship.

[Clay Travis]

It'll be a rush to the door.

[Matt Stilo]

We'll do it in about 10 minutes.

[Clay Travis]

The whole thing.

[Matt Stilo]

This is what I was saying. There's some. Even if it's a good idea, or rather even if it's an idea, we should go forward with Clay. There's some details that do need to be worked out. I do think there has to be a cap on it.

[Clay Travis]

I also want to know and this is the question I was asking and let's dive back into this we'll take your calls. Your talk back sound like he was washing dishes while he was talking back with us. By the way, I want to know what the total addressable market is. How many people, because you can be rich and not have $5 million in cash or $10 million in cash. That's super rich. How many people in the world actually are potentially involved here? We'll talk about that. In the meantime, we love Sabre multi generation family business dedicated to making your and all families out there safer. We have all of the Sabre products inside of the Travis household because I got teenage boys and if you've got teenagers or you got young people coming in and out of your house, you never know what hour they might show up. You never know when they might be, let's be honest, sneaking in or out of the house, trying to beat a curfew. And maybe you hear somebody knocking around outside. And you don't want to deal with anything that could be lethal, but you want to make sure your family is protected. That's the gold standard for what you might need with a pepper spray. This is the pepper launcher from Saber. Non lethal will protect your family. Trust me, you're not coming anywhere near anybody who has one of these. But it won't create a dangerous situation. By the way, all the way to individual pepper spray bars on doors. They will make your family safer. Check them out right now. Saberradio.com that's S A B R E radio.com 15 off today. Welcome back in Clay TRAVIS BUCK SEXTON show.

[Matt Stilo]

All right.

[Clay Travis]

A little bit of a window into how my brain works, which sometimes a dangerous place to be. Let's be honest. I love this gold card idea citizenship because to me, in all facets, I don't know if you've been paying attention to this book, but I think Elon Musk's management style is really fascinating and I think it, it really kind of boils things down. I know there's a lot of people who own businesses, small businesses out there involved in management. Elon says that the thing that he has found is most valuable for him as CEO is to find the thing that is the biggest impediment to success and put all of his interest into fixing it. And I think that sounds simple, but it actually is brilliant because any of you out there that have ever run a business or a small business, the reality is you got like 10 or 15 different things that you're trying to work on simultaneously. And when you or your staff or your company are trying to work on 10 or 15 things at time, 10 or 15 different things at one time, your ability to change all of those things inevitably runs into inertia and it becomes more challenging. I'll give you an example in my own business right now, I think we have at outkick a really poor ad sales team, meaning we are failing to monetize our content as well as we should be. I am putting all of my attention into making sure that we monetize things as much as we can. Doesn't mean there's not like 15 other things that can be worked on. But that is the number one thing to me. If you told me right now, now that the border is sealed and now that crime is coming back down and we're actually putting violent criminals in prison, we still have inflation to deal with. But if you told me, big picture, Clay, what is the biggest concern in the government? It's our debt. It's going to soon eat up a huge part of our tax dollars. Merely paying the debt interest, not paying the debt down. And remember, what we're talking about now from politicians is only slowing down the rate at which we add debt. You can maybe try to address it through budget. That becomes difficult. You have to raise taxes, you can fire people and shrink the size of government. But a big part of this is 86% of our budget is Social Security, Medicare, Medicaid and defense, 86%. So if to a large extent you're not touching that, then you're only able to cut 14% of our budget. Again, these are broad numbers. And I hear no one saying, how do we ever pay down this debt? Trump, to his credit out of nowhere suddenly says, hey. I mean, I don't remember him campaigning on this or anything, but he says, hey, we should sell citizenship $5 million. And my immediate response is, that sounds like genius to me. But the next question buck is there are lots of details associated with it, but to me, the next question is how many people could actually buy this? The right.

[Matt Stilo]

I told you There are 6 million millionaires in China, right? So that's just one country now. It's the biggest country in the world. But you got to figure, I think if you opened up, man, this is, this is like if you ever remember those, if you ever did any consulting interviews for like McKinsey, Clay, you know.

[Clay Travis]

Those, they would just give you a question that you had no answer idea what the answer is. You have to work through your head.

[Matt Stilo]

Yes, this is the classic thing they say, how many people go through Logan Airport, you know, on the second Tuesday of The month. And you're supposed to. And you don't know the answer, but you're supposed to get to some kind of answer and show them your thinking anyway. Whatever. Don't even get me started on consultants. But the. I think if you thought about it in this, first of all, we have a lot of millionaires in Miami, in the area who are from Latin America. We got a lot of Latin American millionaires here. Now, some of them are visitors. I know some of them are on visas, obviously, but a lot of them have moved here. So you're going to have millionaires from Asia. A lot of millionaires from Asia that I think would want to take. Take up this opportunity. You're going to have some from the eu, too, who are probably sick of the taxes more than anything else.

[Clay Travis]

Yeah.

[Matt Stilo]

Want to be in a more dynamic economic environment than what you see in the eu. But again, the devil's in the details for me with this a little bit. I'm not against the idea. I just, I have my, I have my concerns about the idea.

[Clay Travis]

So here to your, like McKinsey Consulting question, number of millionaires matters. But really, in order to stroke a check for 5 million or 10 million, that is movable financial assets, most people, even very wealthy people, aren't liquid enough that they could stroke a check for five or $10 million. To me, that typically is going to require probably, this is my rough guess, that you be worth $20 million or more, because a lot of people's wealth is tied up in their home. A lot of people's wealth is tied up in a small business, which may produce a decent amount of revenue every year. But even if you run a $50 million business and own it, you might only be netting, I don't know, three, four million dollars in profit at the end of the year. And you might live really, really well. But again, how many people have that? I just don't know. The total addressable market is like, I think you have to be worth 20 million in order to even consider doing this.

[Matt Stilo]

Well, again, and I hate to be the stick in the mud here on this a little bit because, you know, Trump's got a big, beautiful idea. It's a big, beautiful idea. No question. Does the whole family get to come? If you're, if you're a Chinese, you.

[Clay Travis]

Know, hundreds of family, like, we can't, we can't have, like, grandma and grandpa and like, aunts and uncles like you. You have to be the son or daughter.

[Matt Stilo]

But now you're talking about, again, this is why I Get to the cap. Ok, so let's say you open this thing up, you're going to have 3 million foreigners, let's say, who are millionaires, who can do this and who want to do it. Over the course of Trump's four years, average family size of four people, you're going to allow 12 million foreigners to show up here. Now, a lot of money that they bring, but they're not Americans. And you know, again, I come back to this thing of being an American. We're not an economic zone, you know, we're not a, we're not a trade union. This is a special place with special meaning. And I don't know that some guy who shows up from Singapore who's like, oh, I've got a US passport now because I wrote a big check, is necessarily going to perpetuate the America that we know. Maybe yes, maybe no.

[Clay Travis]

Here's my concern right now. The asset of American citizenship is entirely a function of you and me and everybody out there who's an American citizen. Certainly if you're born here blind, good luck. Nobody gets to sit around and be like, oh, I'm gonna pick by and large what country I live in. And so we're all incredibly fortunate that our ancestors at some point were here and we were born here. And it's the one great good fortune that I think most Americans do not think about enough. You could have been born in Asia, you could have been born in Africa, you could have been born in some awful war torn region. We're all incredibly lucky to be here. Now we give this away to people by and large. Based to your point, Buck, my understanding is largely based on your relationship status with somebody else who's already here, or yes, with somebody walking illegally across the board.

[Matt Stilo]

Chain, chain migration is a huge part of this, which is why I've brought up even the birth tourism issue, where you could have a foreign national comes here, gives birth here, goes back home, and then at 18, that person is a US citizen and they can sponsor the whole family. These are the games, the scam. Look, our immigration system has been incredibly scammed, but a big part of it, and this is something to keep in mind, it is currently federal law that you cannot be a charge of the state in any way as an immigrant, period. Yes, if you come here, a green card, asylum seeker, whatever. If you come here, you are not supposed to be a dependent on the state. Guess what? That's being violated millions and millions and millions of times over. And so when you talk about bringing people here with more Money, I say, okay, that seems certainly better than bringing the impoverished masses of the third world, which has been the Democrat plan, no question. Right. And I think that's the first. The first step of this is recognizing better to have people who aren't going to be in charge of the state for sure because they got millions of dollars. But also, I wonder, how do we know this actually goes to pay down the debt? I mean, I feel like Democrats, if there's a way to light this money on fire when the Democrats have control of Congress, they're going to do it.

[Clay Travis]

I think you would have to pass a law that says every dollar from this goes to pay down the national debt. And this is why my. My way of looking at this is, to me, you're using the great. And let me say this, it doesn't mean that you are a genius or supremely intelligent, that you are rich. Let me put that out as a premise. But if you have achieved a measure of success where you have $20 million in wealth in Brazil or in Argentina.

[Matt Stilo]

A lot of people get rich in the rest of the world through the worst kind of corruption and underhanded dealing. Just to be clear, there's a lot of places where that's actually, if you're really rich in Russia, it's not because you're so good at business.

[Clay Travis]

So there are kleptocracies all over the world. My take on it, though, is in many ways, this is like drafting the first round. Wealthy people around the world and their money, when they buy this gold card, much of their net wealth would immediately flow into the country and they would buy great real estate and they would. They would employ a ton of people. I sound like you start talking about the condos.

[Matt Stilo]

The condos in Gaza. Clay's like, it's going to be beautiful. Gaza.

[Clay Travis]

The condos were going to build. Trump. I know what I said.

[Matt Stilo]

Amenities everywhere.

[Clay Travis]

But they would. Their money that they spend. This is the entire basis of capitalism. The money that they would spend here would raise the overall quality of life for everyone, as opposed. Buck to the way we handle immigration now, which is poor dude comes in and you and my tax dollars have to go to pay for his hotel room.

[Matt Stilo]

No question. The way it is now is not only terrible, it's unsustainable. So that, I mean, there's 100% agreement, I think, across the right and anybody who's sane and can do math on that. We cannot bring in the impoverished, illiterate masses of the third world who don't speak English and just want access to welfare benefits as fast as possible and expect to continue as America. So that's a. That is ironclad truth. But what do we do about this? Let's get. I want to get some calls in. You want to get some calls in. We'll come back here. We'll do a nice long, a robust segment of calls coming up. So if you're on hold, stay with us because I want to get various perspectives on the. Because I love this, Trump brings up a new idea. Look, Clay and I are kind of workshopping it on air in real time because this wasn't something I was reading about, national review back in 1997. Like, this was not anybody talk about it.

[Clay Travis]

I've never seen it.

[Matt Stilo]

Interesting. Speaking of the debt, Gold, something you should be thinking about because Elon's only gonna be able to do so much. He's admitted this. He's doing great work. But there's only so much he can do. Only so much Trump can chew. We're 36 trillion and counting and inflation is here to stay. Your savings are being chipped away at. You want to have a hedge against this. You want to be up on something. You want to be in advance of the continued deterioration of the dollar. And that's what gold allows you to do. Anyone, anywhere can and should be investing in gold as part of their savings plan or your 401k plan, or both. Birch Gold can help you with this, just like they've helped me. I've been an investor in gold for years and just recently purchased more from Birch Gold Group myself. Birchgold is the same company that's releasing an all new study on how gold will fare in the Trump era with a forward by Donald Trump Jr. To get your free copy along with Birch Gold's free information kit, text my name Buck to 989898 or go online to birchgold.com Buck again, text my name Buck to 989898 or go online to birchGold.com Buck to get your free copy of the ultimate guide for gold in the Trump era. No obligation, only information.

[Clay Travis]

Keep up with the biggest political comeback in world history. On the Team 47 podcast, Clay and Buck highlight Trump replays from the week.

[Matt Stilo]

Sundays at noon Eastern.

[Clay Travis]

Find it on the iHeartRadio app or wherever you get your podcasts.

[Matt Stilo]

On January 27, it is international Holocaust Remembrance Day. We remember the great horrors, the evil of the Holocaust. Millions and millions of Jews were slaughtered during the Nazi reign of terror. Now today we are witnessing the rise of global anti semitism the constant attacks on Israel, showing us that it is more important than ever to remember the atrocities of the Holocaust and to ensure it never happens again. We have proudly partnered with the International Fellowship of Christians and Jews. Now they provide food, shelter, safety to so many Israelis in Israel as they fight against radical Islamic terrorism in our time, including those remaining Holocaust survivors. Your donation today will help provide food, water, medicine and other bare necessities to Jewish communities. Go to their [e-mail] that's supportifcj.org or call toll free 888-488-IFCJ 888-488 IFCJ today.

[Leah Palmieri]

Hi, I'm Leah Palmieri.

[Matt Stilo]

And I'm Matt Stilo. And you might know us as the host of the hit iHeart podcast, Grown Up Stuff.

[Leah Palmieri]

So lately on the show we've been crunching the numbers on tax season and we're learning a whole lot. For instance, Matt, did you know there are more than 33 million small businesses.

[Matt Stilo]

In the U.S. that is way more than I thought.

[Leah Palmieri]

Same. And do you know some of the top cities for small business growth in.

[Matt Stilo]

The us I actually don't know that one.

[Leah Palmieri]

Okay, I'm going to tell you. We've got Scottsdale, Arizona, Atlanta, Georgia, Miami, Florida, Orlando, Florida and Austin, Texas.

[Matt Stilo]

Those are all over the country.

[Leah Palmieri]

That's why we've been talking with the tax experts at TurboTax Business about the tips and tricks small businesses should keep in mind when navigating tax season to file with confidence and hopefully save a few bucks.

[Matt Stilo]

Well, I can definitely tell you the more stuff I've learned about how taxes work, the more I think small businesses might want to leave it to the professionals this year.

[Leah Palmieri]

Yes, TurboTax Business has a fleet of experts, especially small business experts who can give you advice throughout the process or just handle the whole thing for you.

[Matt Stilo]

Get expert help today by visiting turbotax.com business.

[Clay Travis]

What does the future hold for business? Ask nine experts, you'll get 10 answers. A bull market, a bear market. Inflation's going up, coming down. Can someone please invent a crystal ball?

[Matt Stilo]

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[Clay Travis]

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[Matt Stilo]

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[Leah Palmieri]

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[Matt Stilo]

Welcome back into Clay and Buck. Look, we've got calls racked and stacked. We want to get to you. We're not going to react to each one the way we normally do because we want your voice, voices to be heard here. And we're coming up on the end of the show. So, Chris in Brockton, Massachusetts, your first stop. Hit it. Hey. Hey, guys. I just wanted to say I'm a big supporter of the, the gold card, but I'm also supporter of the K1 visa. Right. I think that American citizens should be able to go overseas and find, you know, exotic women and marry them and bring them back and make them citizens.

[Clay Travis]

My brother, for example, is a, is.

[Matt Stilo]

A vet and he went overseas and in those travels met a woman and now they're married and using the K1 process to bring her over here and make her a citizen. So I'm in support of both of those, but unfortunately, they cancel each other out because then rich people just marry and bypass that multimillion dollar gold card by marrying into citizenship.

[Clay Travis]

All right, thanks for the call. I see those as different. We'll keep taking your calls. Most of those women aren't rich. That's just men who have decided they like somebody else outside of the country. And I don't think it's going to impact paying down the national debt at all, which is the debate here.

[Matt Stilo]

Let's talk to Dave in Asheville, North Carolina. Dave, what have you got? Yeah, you guys already stole my thunder on one idea, and that is that all the money that would come in from that program would have to go to the national debt. But also, I'd like to say that I don't think American citizenship should ever be for sale. I would be in favor of giving a person a green card if they paid the $5 million. And then once they had that green card, they'd have legal status and they could go through the same process as anyone else who has a green card if they want to become a citizen. Okay, thanks so much, Gretchen in Georgia. Gretchen, we got you. What's up? Yeah. Yes, hello. Rich doesn't always mean desirable. And how many George Soroses do we want in this country? And would they buy up all the land? And then what would we do? The citizens here that are working to try to achieve our own goodness by buying our own property and working the American way? Also, would they be like the Hollywood types that are all hate Trump haters and they're all Democrats? Do we need more of those? Clay, what do you have to say to that? Thank you, Gretchen.

[Clay Travis]

You've got some good questions, I would point out. Yeah, look, I don't want. George Soros is here, but Rupert Murdoch is from Australia, and he's the reason that we basically have a conservative ecosystem at all. So I think it would balance out.

[Matt Stilo]

Rush and Rupert Murdoch.

[Clay Travis]

Yes, well. But, yes, Rush has got an amazing legacy, but Rupert legitimately built. I mean, the New York Post, the Wall Street Journal, the Fox News, now he's got outkick. There are lots of entities that wouldn't exist but for the support of Rupert Murdoch.

[Matt Stilo]

Mike in Indiana.

[Clay Travis]

Yes.

[Matt Stilo]

Yeah. Hey, gentlemen, good afternoon. Yes, my take is the Gold card will buy you lawful presence here in this country, but not citizenship. In fact, we should probably shut off immigration and make that. The only way you can get in is to buy your way in as a lawful alien. As a green card, but not citizenship.

[Clay Travis]

That would.

[Matt Stilo]

That should take, I don't know, 10, 15 years to assimilate.

[Clay Travis]

All right, I see this one more call. Chris in Tennessee.

[Matt Stilo]

Play. You know, especially from Nate Bargazzi's comic Christmas special. He said, come visit Nashville, but don't move here. The fact is, it raises all these real estate prices, and I live in rural Tennessee, and I'm just telling you it's a big problem. I would love to see the money come. I think it's a great idea to get rid of the. The debt, but I just think it's going to bring a whole lot of problems. There needs to be some limitations on this. I think you guys have talked about some of those limitations, and that's a good idea. I agree with you, Chris.

[Clay Travis]

Thank you. All across. So here's what I would say in General, I think I'm pretty optimistic and favorable of this.

[Matt Stilo]

Do you think this is actually going to happen? Mr. Betting Odds?

[Clay Travis]

I don't know because I actually am curious. Will they just reflexively line up against Trump on this? Because here's what I see, Buck. I see this paired with birthright citizenship. Right now we give birthright citizenship, which often is a drag on this country to anybody that crosses the border illegally and has a baby.

[Matt Stilo]

But Clay, you got to put on your Marxist class warfare hat for a second. The Democrats would be they just want more millionaires and billionaires. They just want the rich people and it's racist and be like, wait, but we're taking millionaires from China and from Brazil and from anywhere. They don't care. They're gonna say the class warfare stuff if we do this.

[Clay Travis]

In general, more money and more successful people lifts the overall rising tide of everyone that is the story of capitalism. I love this. Hello, it is Ryan and I was on a flight the other day playing one of my favorite social spin slot games on jumbaccasino.com I looked over the person sitting next to me and you know what they were doing? They were also playing Chumba Casino. Everybody's loving having fun with it. Chumba Casino is home to hundreds of casino style games that you can play for free anytime, anywhere. So sign up [e-mail] to claim your free welcome bonus. That's chumbacasino.com and live the Chumba life Sponsored by Chumba Casino.

[Matt Stilo]

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[Clay Travis]

Each week on Echoes of History, we.

[Matt Stilo]

Uncover the epic stories that inspire Assassin's Creed. We're stepping into Feudal Japan in our special series Chasing Shadows, where samurai warlords and shinobi spies teach us the tactics and skills needed not only to survive, but to conquer. Whether you're preparing for Assassin's Creed Shadows.

[Clay Travis]

Or fascinated by history and great stories.

[Matt Stilo]

Listen to Echoes of History, a Ubisoft.

[Clay Travis]

Podcast brought to you by History Hits.

[Matt Stilo]

There are new episodes every week. One of our new sponsors, Rapid Radios, makes the coolest walkie talkies and they're a must have this year. Rapid Radios are instant push to talk devices with nationwide coverage, 100% private and a great communication device for kids. See [e-mail] for a limited time.

[Clay Travis]

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[Leah Palmieri]

Did you know you can now buy a Hyundai on Amazon? The same place where you order yoga mats, a toothbrush and pretty much everything else, all from the comfort of your home? Just locate a nearby dealer, pick your color, your options, check the price, and with a few dotting of some I's and crossing of some T's, voila, your Hyundai is ready for pickup. It's that easy. Visit HyundaiUSA.com for more details. Pick up through a participating Hyundai dealer in select markets.