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Speaker 1: Second I saw this, I couldn't wait to talk with

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Zach Abraham, chief Investments for Bullard Capital Management about this

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President Trump talking about maybe it's time to end the

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income tax.

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Speaker 2: He's going to be very rich again, and it's going

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to happen very quickly. It's time for the United States

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to return to the system that made us richer and

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more powerful than ever before. Do you know, the United

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States in eighteen seventy to nineteen thirteen all tariffs and

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that was the richest period in the history of the

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United States, relatively speaking, in other words, relatively And they

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set up the Great Tariff Commission of eighteen eighty seven.

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And this commission had one function, what to do with

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all the money that we took in. It was so

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enormous that they had no idea. It was a blue

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ribbon committee was set up eighteen eighty seven and what

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to do with all of the money that we had.

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And again Teddy Roosevelt was a beneficiary because when McKinley

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was killed, he took over this vast sum of money

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and he did all of those national parks.

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Speaker 3: And all of the other things.

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Speaker 2: And I'm not knocking him, but he was given a

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vast amount of money, and that was all made through

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tariff says we had no income tax. The income tax

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came in in nineteen thirteen. As I said in my

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speech last week, instead of taxing our citizens to enrich

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foreign nations, we should be tariffing and taxing foreign nations

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to enrich our citizens. Does that make sense right?

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Speaker 1: Provocative? Interesting idea. We'll talk with Zach about this. Someone's

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going to pay the tariffs and traditional conservative thought is

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that consumers do. Maybe that's true, but maybe other countries

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will have to seek some efficiencies.

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Speaker 3: We'll talk about this.

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Speaker 1: Plus does Mexico acts sistay in our economy? And then

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that big dip with Navidia? Should people buy the dip?

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We'll talk with Zach Abraham, Chief and Vest Officer Bowart,

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couple of management courtesy renewed healthcare and of course.

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Speaker 3: We could only do this through God Almighty.

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Speaker 4: Shows disapproved by big pharma technocrats and Tyrann Saban. Where

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from the high mountains of Free America. Here's the Emerald

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City exile Todd to Herman.

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Speaker 1: Today is a day the Lord has made, and these

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are the times to which God has decided we shall live.

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My friend and brother, Zach Abraham joins US chief investment

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Officer Border Capital Management.

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Speaker 4: Yeah.

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Speaker 3: I was thinking about you.

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Speaker 1: I saw that President Trump has issued this federal ban

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on on wrong sex surgeries and hormones. And are you

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gonna go ahead and pay for your own or are

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you said, like you get it back off?

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Speaker 5: Yeah, we gotta go in the pocket.

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Speaker 4: Man.

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Speaker 6: We found a guy who's gonna give us a four

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for one. Okay, yeah, it's it's because they're bipoks.

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Speaker 3: Okay, it's a family thing. You're just gonna switch places. Yeah, yeah, yeah,

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we both make up for it, make up for it

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the family.

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Speaker 5: Great to see that pass though, wasn't it.

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Speaker 3: Oh my gosh, that's worth the price of admission for me.

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Speaker 6: It's so the crazy thing to me is reading the

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pushback where you sit there and you go, I just

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don't understand. I don't understand how anybody can support the

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idea of a child, a minor getting her it's should

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it's where we have these debates that it's not the

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it's not the intensity of the debate that's that that's

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amazing or shocking. It's the fact that we're having a period, right,

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the fact that you've I mean I'm old enough to

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remember when it was a when genital mutilation was a

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scandal because backwards tribes in Africa were doing it against

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their you know, their tribal opposition, right.

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Speaker 4: You know.

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Speaker 5: Now it's a family value. It's just it's insane. It's

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it's insane to me.

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Speaker 3: I used this metaphor earlier this week.

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Speaker 1: If your thirteen year old kid left school, your daughter,

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and she says, my dad walks out the door, and

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you and your wife are sitting there going, gosh, she's

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awfully late.

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Speaker 3: It's like seven o'clock. I mean, is she okay?

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Speaker 1: And you know, she texted me she said she'll be

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home a little late. She had something to take care

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of thirteen. And she walks into your house and her

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entire face body are tattooed and pierced everywhere through her

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tongue and she's got her tongue split like a snake.

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And she walks in, Hi, Dad, And you're gonna go, oh,

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you're going to call the tattoo parlor, you know, body

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mutilation place and say, hey, thanks for firming my daughter.

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Or instead, do you get every lawyer who you've ever

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known on the phone, and every gun you own yeah, yes.

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Speaker 5: Yeah, I'm righting for blood, right, Yeah.

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Speaker 6: And what's crazy to me is if we're gonna make

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these deals, why, Like, I don't understand why we're not

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lowering the age of booze and alcohol or in tobacco

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and tattoos.

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Speaker 5: You can get tattoos covered of me.

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Speaker 6: You can get removed, right, right, you can undo that, right,

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It's dude, It's just I just go back to it

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being a mind virus. There's no other way to discuss it.

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And I don't think there's any other way to look

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at it. And looking at these people who are wringing

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their hands over this, that this is like our country

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going in the wrong direction.

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Speaker 5: It's just amazing to me.

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Speaker 3: Yeah, to me, it goes back to the demon.

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Speaker 1: She was called Enchantras by tradition, and this was an

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Old Testament times, and her promise was to make you

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either male nor female. And those demons didn't say, well,

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people are more enlightened now, so well no, they just

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changed the tactic, you know.

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Speaker 6: And in some ways I think that you can even

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argue that we are more susceptible to it now, because

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I don't think we've ever been dumber as a society.

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I don't think, you know, And obviously I'm talking about

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society in general. Right, We've never been more technologically advanced

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and smarter that way, But in terms of morality and

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in terms of family values and all, we're bankrupt, you know.

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Speaker 4: And.

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Speaker 6: And and yet we're more yet we feel more insulated,

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more sophisticated, and so I like, I actually think it's

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probably it's easier work for those evil forces that are

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doing it than at any other time in history because

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people are so susceptible.

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Speaker 1: And they shift tactics. Satan can distort the press, he

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can distract, so he changes tactics. You guys are so smart,

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I mean, and I love this debate. This is something

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that they'll say is, well, you know, we've discovered that

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sex is on a sex is on a spectrum.

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Speaker 3: And so my response is, are like.

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Speaker 1: Death, yeah, yeah, yeah, So gender theory is the princess

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bride of medical theory.

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Speaker 3: You know, he's only mostly dead, right, Yeah.

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Speaker 5: Here's here's here's another construct. This whole thing. I just

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can't wrap my head around.

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Speaker 6: If you want to say gender identity is on a spectrum, Okay,

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I I.

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Speaker 5: Meaning I I've seen that in my own life. I

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think we've seen that.

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Speaker 6: You know, you'll have certain men that are more feminine

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than others. Right, I get that a gender identity, the

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way you see yourself, the way gender expression exactly, but

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your gender, I'm sorry, it's binary.

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Speaker 1: That's why they intermingle sex and gender. It's always been

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to confuse. All of this is about confusing, and it's

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throwing out words that sound like information to people.

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Speaker 5: Yeah.

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Speaker 4: Right.

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Speaker 1: I made up a drink once called I'm gonna forget

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the name of the drink it made up. Oh my gosh,

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I made it back in the day when I used

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to drink. I created a drink called I can't remember

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the jumping Calypso or something stupid. And I told my friends,

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here's the drink. Because these bars at this place, if

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you stump our bartender, you get the drink for free.

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So I jump up to the bar jumping callispo eclipso

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there's no such thing we're talking about, you know, And

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I say it's this, this, and this, No I've ever

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heard of that drink, and this guy just know to

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jump in callpso is and no one says anything. Find

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says it's vodka, you know. And they had the whole

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thing down, like, wait, there's someone else who knows the drink.

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And then someone's oh wait, yeah, no, that's a thing

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man California, that's huge.

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Speaker 3: And where you're from. I'm from California.

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Speaker 1: That's called stack in the voat my friend, you were

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stack in the boat, right, That was me with fake information.

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So there's also there's Trump is making the moves he's making,

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and then the moves he's thinking of making. I got

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to talk to you about this in a second, this

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this move that he is thinking of making with the tariffs.

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And I'll do that after I once again announced the

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people this very thing that in this moment right now,

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this moment in life, you could decide to change something

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super simple in your life and then change someone else's life,

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just permanently.

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Speaker 3: So here's the deal.

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Speaker 1: You are a small business owner. People come to your

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business and they use soap. You are a real estate agent.

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You show houses people have soap in there. This is

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a liquid soap from Alan's. It's called Ian's, and every

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single one of those cases, you have an opportunity to

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show that all lives matter to you because yes, the

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soap is made in America. Yes it's all natural. Yes,

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the fragrances are absolutely unique.

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Speaker 3: That's all the facts.

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Speaker 1: Plus, we employ people at Allen's that the rest of

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the world would toss in the garbage, and I mean

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it that they would say house them and institutions. Because

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they're nonverbal, they are high in the spectrum of autism,

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even if it's late onset on setism, like has happened

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with Amy. So you are communicating that value in a

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way that is a conversation starter. At home, You're going

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to wash your body for the rest of your life.

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If you have not made the decision to use Allen's

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instead of the corporate soap made with values that probably

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don't match your own, that's in a decision in the

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negative when you could do this in the affirmative right now.

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So go to Allensoaps dot com, slash Todd, get temper

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sent off all the products of their plus sign up

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for subscription soaps never run out on soaps dot Com

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sash Todd so we at the top of the show

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played this clip with President Trump and effectively saying it's

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time for the United States to return to the system

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that made us richer more powerful than ever before. Instead

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of taxing our citizens to enrich foreign nations. We should

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be taxing foreig nations to rich our citizens.

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Speaker 3: That's a good way to say it. And I mean,

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let's let's play imagination. Could this work?

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Speaker 4: No?

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Speaker 5: Really, and I don't yeah, And I don't think he's

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intending to do it either. I really it's yeah.

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Speaker 6: I think it's purely negotiation. And the reason it doesn't

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work is a math doesn't feder out. Meaning last year

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you look at the US government, you had about three

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point eight trillion dollars in total income total revenue from taxes,

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and that is that is a bigger number than the

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overall trade deficit. The trade deficits running right around a

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trillion one and a half trillion something like that. So

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if you tear aff one hundred percent end of the trade,

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it just mathematically it just doesn't work. And so I

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don't want to speak definitively toward that because obviously I'm

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not in the administration, not in those meetings, but on

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a mathematical basis, unless you were going to tear off

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one hundred percent of all imports, you wouldn't be able

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to you wouldn't be able to supplant the income tax.

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Speaker 1: I think he intends to like I mean, maybe he

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intends to tear if one hundred percent of imports.

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Speaker 6: He can't because it would just slaughter corporate revenues and earnings.

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Speaker 5: So I think, again, I don't. I don't.

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Speaker 6: I'm not involved in those meetings. I am not a

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US budgetary expert. But just on the surface of it,

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it feels to me very much like he is doing

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this for maximum negotiating leverage and trade deals.

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Speaker 3: I just it does.

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Speaker 6: One hundred percent tariffs do not do anything good economically

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for anybody. But you know something he's great at doing.

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And in my opinion, and I could be one hundred

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percent wrong, and if I am, you know, certainly come

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on here an issue, my maya copa.

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Speaker 5: But what he is doing that I think is highly

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effective is he's got that.

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Speaker 6: He's he's got that that part of him that for instance,

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I think he might be the only politician in the

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world of a major company of major country that could

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threaten one hundred percent tariffs and the world takes it seriously.

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Speaker 1: Right, President Trump is this He is unpredictable. He is

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the guy at the poker table where you're like, wait,

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is he all in? Because he's got the nuts or

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is he all in because he has absolutely nothing.

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Speaker 6: And he's got an outstanding poker face. Meaning you and

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I are sitting you're having this conversation and we're supporting

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what he's doing, right, And I'm still sitting there going

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I don't think so because mathematically it doesn't it doesn't

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flo but you know, we don't know, Like, well.

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Speaker 1: If you take this as an isolated case, so let's

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just say, oh, this is all he does. Okay, that

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doesn't work. But let's bring some other things to the table.

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And I think you like the Energy Secretary nominee. Hey,

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let's become the dominant exporter of energy in the world,

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including on our own shores. Let's get micronuclear. He spoke

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it during his confirmation hearings. Micronuclear.

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Speaker 3: So we have that President Trump has offered a buy

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out to nearly every federal employee.

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Speaker 4: And I know.

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Speaker 1: But at the same time, Zack, at the same time,

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he's saying to deep staters, hey, we can't fire you,

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but here's what we can do. We can demote you

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and we can relocate you. So Dubuque was a beautiful place,

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but if you're used to living in Washington, DC, where

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there's no recessions and no depressions and people counts out

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to you in Dubuque or you know what, We're going

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to move you to Wallas, Idaho and you can walk

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into a bar and say hi, I work with the

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federal government, and we'll see how that goes you, right,

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And how so if you take it in out of

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isolation and put it into the bigger picture of a

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Trumpian remake of the economy, maybe gets more interesting.

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Speaker 6: It certainly could. And I think you could certainly lower

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tax rates. But like I said, I just this has

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the feel to me of being.

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Speaker 5: Just maximum leverage. That that's the feel I've got.

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Speaker 6: I don't I think what he's looking for is exactly

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what we saw from Columbia. Speaking of which, watching the

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way the media handled that that was priceless. You know,

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media was trying to paint it out like that Columbia

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guy told him to take a hike.

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Speaker 1: So for the people that don't know President Trump, you know,

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we flew a bunch of illegal immigrants back to their

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country of origin, Columbia, and the socialist President's like, nope,

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we're not taking the airplane. And I don't know if

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you saw how this all went down. Where Trump was

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when he tweeted this, he's it mar Largo, yeah, right right,

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right right. He calls Marco Ruby, the second tourist state, Hey,

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little Marco, can you come over here and bring your

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glass of water?

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Speaker 3: And so so Marco comes over and he.

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Speaker 1: Tweets, uh, yeah, fifty tariff today, one hundred percent tomorrow

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doubles after that.

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Speaker 3: So and you were going to say that watching that, yeah, And.

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Speaker 6: Then and then he and then the President sent his

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own plane help Columbia, yeah, to help bring people. And

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and look, I am not I do not believe that

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the best position for the United States to be in

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is to be a bully. But I do think that

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we need to reassert and remind people who you're dealing with, right,

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And we have bent over for people that don't care,

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that don't appreciate it, that just want to milk it

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and take it the extra mile for so long. And

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I think that this is a much I think it's

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better for relationships international, right, Like good fences make good neighbors,

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we have not had any fences. They have been taking

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advantage of our you know, laissez faire approach, and idiot

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politicians for so long that I think it all or

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for us to move forward on a good footing, we

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need to have these confrontations. We need the Columbian president

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to remember who he is, right, and remember who we are.

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We need everybody in the world to remember who we are,

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not so we can dominate them, but so that we

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can have associations that are mutually beneficial, because for all

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too long the rest of the world has been like

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a tick just sucking a stride, right, And yes, I

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just I love that part of it. And I am

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a huge believer in in UH safety security via strength,

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and I think and I think it makes the world,

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including the people that were doing that that we're taking

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these hard lines with. He makes the whole world sacred, right,

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I agree, And they the neighborhood is safer when dads

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are when dads aren't on vacation.

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Speaker 4: Right.

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Speaker 1: The President Trump has done this also, and I love

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this where he named what's his name of Bank of

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America mon yeah, about the banking conservatives, and and he

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called he and Jamie Diamond out in person right on

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stage right, you got quite big?

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Speaker 3: Is it wrong?

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Speaker 1: So in canstution is wrong? And then Bank of America

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puts a tweet out we don't do that, and there's

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like fifteen well known conservatives going, oh, well, here's the

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phone calls.

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Speaker 5: Yeah you did.

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Speaker 3: Yeah, here's the copy of the letters that you did it.

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Speaker 6: And then watching the media trying to play that off again, right,

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which I love because I'm like, hey, guys, any credible

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any credibility you've left, which is virtually none. You're just

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burning it, right because everybody sees through it now. And uh,

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the other one that cracks me up. I was reading

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the Uh it just the media just kills me. I

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was reading an article yesterday about Tesla on CNBC. Yeah,

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middle of the way through the article, it turns toward

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the fact that not not alleged it musk through a

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Nazi salute on stage, and then cited several extreme left

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quote unquote experts that said, that's undoubtedly a Nazi salute,

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Da da da, And you look at him, and we're

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to the point where And I didn't because I thought

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better of it. But I wanted to contact that journalist

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directly and say, you don't believe this. I know you

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don't believe this, right, how do you how do you

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wake up in the morning and look at yourself as

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a journalist when you're writing garbage like this that you

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know and you didn't cite all of the experts on

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the other side that came out and said that was

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nothing like us a Nazi salute for this reason and

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that reason that you know, you didn't cite the other

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side of it like these jury and it's nothing that

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you and I don't know. There's been way worse examples

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of this and way more extreme examples of it. But

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the consistency and the intellectual dishonesty of these people is.

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Speaker 5: Just like it's almost like if I could behave.

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Speaker 7: Like them, if I went through the world and never

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thought once about my own credibility, right, Like, that's the

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only way you could do that, Right, There's no honor,

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there is no conviction, Like I just I you know,

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even when I hate somebody politically, I can't bring myself

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to life about them.

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Speaker 5: No, you know what I mean?

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Speaker 1: Well, A, don't bear false witness and B you shall

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not lie. And see when you do that and get

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found out, that's gotta suck.

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Speaker 6: Like the other thing, though, taught too, is if you

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have to lie to back up a political view, isn't

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it time to examine your political view.

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Speaker 1: Well, yeah, I mean if that's if your if your

383
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views and policies cannot be defended on a truthful basis,

384
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they can't be defended, right, And I have this dream

385
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and it's never gonna happen. I almost got called in

386
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front of a congressional hearing over January sixth, but I

387
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screwed it up because I told the guy who called me,

388
00:19:35,839 --> 00:19:38,119
the Senate staff or, that I was excited. Please can

389
00:19:38,200 --> 00:19:41,240
we do it now? Do you want to are just

390
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gonna have legal representation? No, gosh, I don't need that.

391
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Can I come back now like today?

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Speaker 3: Oh my gosh.

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Speaker 1: And but see if I'm in those confirmation hearings and

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they say something along the lines of.

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Speaker 3: Are you concerned about.

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00:19:56,839 --> 00:20:02,079
Speaker 1: The Nazi salutes that Elon musk Uh demonstrated twice at

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a Trump event?

398
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Speaker 3: Yeah, No, I'm concerned about the fact that you armed

399
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Iran with three.

400
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Speaker 1: Billion dollars and they've pledged to destroy the state of

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Israel and then this country. And I'm concerned that you

402
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fund hamas that cuts the heads off of Jewish babies.

403
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Speaker 5: And now, yeah, when are we worried about Nazi salutes?

404
00:20:23,079 --> 00:20:26,319
And when are we not. I can't. I can't stick

405
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with the narrative.

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Speaker 6: You're guys, you want to basically call Israel a terrorist state, right,

407
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you want to back people that want to eliminate Israel

408
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off the face of the earth, and you're calling other

409
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people Nazis, right.

410
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Speaker 3: Okay, right, And we need to get better at pushing

411
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back on that way.

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Speaker 6: And and this, like.

413
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Speaker 1: You had to see this headline, this is a literal

414
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headline in the New York Times why calling Cartel's terrorists

415
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could harm the US economy. And you know what it

416
00:21:01,200 --> 00:21:03,279
is is because the people who pick our fruit and vegetables.

417
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Speaker 5: Yeah, so that's not true, right, right?

418
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Speaker 3: And I don't know you You you go to a

419
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different place in Mexico than I do. Where do you go?

420
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Speaker 5: Usually typically, well, if you.

421
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Speaker 3: Don't want to give it away, don't give it away.

422
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Speaker 5: But no, no, no, no, no, I'm trying to it.

423
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Speaker 6: It's almost when we go to Mexico, it's either Cabo

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or or south of Kingcos.

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Speaker 3: Okay. So I have been solely to Port of Arta.

426
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Speaker 1: And if you go to Port of Arta, there are

427
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seven I got to do this, right, There are seven

428
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police forces in Port of Arta. One's just attached to

429
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the terraces, and one's attached to the cartels, one is

430
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sea going, and one exists solely four tourists. And it

431
00:21:44,759 --> 00:21:47,279
is like if you, as a tourist someone threatens to

432
00:21:47,400 --> 00:21:50,160
robs you, pickpockets you. You have three cars pull up and.

433
00:21:50,200 --> 00:21:52,720
Speaker 3: They're like on the cameras and then they just call

434
00:21:52,799 --> 00:21:53,720
the Hollisico Cartel.

435
00:21:53,960 --> 00:21:57,079
Speaker 1: Yeah, one of your guys went rogue, and Helisical Cartel's

436
00:21:57,119 --> 00:21:59,440
on the hell let's go heartline may help you.

437
00:22:00,039 --> 00:22:03,200
Speaker 3: Yeah, okay, we'll behead them. Okay, can you send us that?

438
00:22:03,319 --> 00:22:03,480
Speaker 4: Yep?

439
00:22:03,519 --> 00:22:04,519
Speaker 3: What does a FedEx?

440
00:22:04,599 --> 00:22:07,440
Speaker 1: Okay, you know it's a Mexican version of FedEx safest

441
00:22:07,480 --> 00:22:10,200
place in Mexico. That's where I go to renew healthcare.

442
00:22:10,680 --> 00:22:13,960
And I got this note from a listener, Todd. Hi, Todd,

443
00:22:14,039 --> 00:22:16,240
can you do a somewhat personalized ad for a friend

444
00:22:16,279 --> 00:22:17,880
of mine regarding re new healthcare?

445
00:22:18,680 --> 00:22:20,240
Speaker 3: He doesn't do politics, so I'd like it to have

446
00:22:20,279 --> 00:22:22,400
been a podcast with Zach. So here you are Zach.

447
00:22:23,119 --> 00:22:24,920
He thinks he has the best care here in America.

448
00:22:24,960 --> 00:22:26,279
He's an international airline pilot.

449
00:22:26,319 --> 00:22:27,799
Speaker 1: He's just got a brain injury at home and can't

450
00:22:27,799 --> 00:22:30,240
fly anymore until his brain fog goes away. That's what

451
00:22:30,319 --> 00:22:32,720
American healthcare has to say, has to happen. How can

452
00:22:32,759 --> 00:22:35,200
we speak more about this? I prefer phone. I can

453
00:22:35,279 --> 00:22:37,680
email you my number and use a burner phone to call.

454
00:22:38,200 --> 00:22:39,680
I want her to get better. Pray for him when

455
00:22:39,680 --> 00:22:41,200
I think of him lately. It's every day when I

456
00:22:41,279 --> 00:22:45,240
listen to you, so appreciate the note. Appreciate you watching,

457
00:22:45,319 --> 00:22:46,680
listen to the show, love that you love it. When

458
00:22:46,680 --> 00:22:49,319
I'm here with zach No, I can't do a customized

459
00:22:49,359 --> 00:22:52,039
ad for your friends. I don't know that his brain

460
00:22:52,119 --> 00:22:54,880
fog can be addressed by strem cells. I would suggest

461
00:22:54,960 --> 00:22:58,720
that you go instead to contact my friend doctor Duke Johnson,

462
00:23:00,200 --> 00:23:03,920
Heart of Heart of Heart of Hope in Hayden, Idaho.

463
00:23:04,119 --> 00:23:07,279
He's had great, great results inclaring brain frog that came

464
00:23:07,319 --> 00:23:09,759
from the injections, and your friend probably got injected.

465
00:23:10,200 --> 00:23:11,799
Speaker 3: I will tell you this. If I thought it would help,

466
00:23:11,799 --> 00:23:13,799
I would tell you. I will mention this.

467
00:23:14,640 --> 00:23:19,000
Speaker 1: I'm gifted to know a lot of now retired professional athletes.

468
00:23:19,160 --> 00:23:22,039
Latest guy I met retired professional baseball player.

469
00:23:22,920 --> 00:23:23,720
Speaker 3: Met him at the gym.

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Speaker 1: He came into me, he said, are you the guy

471
00:23:26,039 --> 00:23:29,400
the weightlifters talk about with the place in Mexico. Yep,

472
00:23:30,079 --> 00:23:32,200
he goes, here's the deal. He showed me his arm.

473
00:23:32,400 --> 00:23:35,920
Speaker 3: Zach. This guy through professional baseball for fifteen years. This

474
00:23:36,079 --> 00:23:38,480
is his our movement. I mean, this is the extent

475
00:23:38,559 --> 00:23:41,240
of how he can move his arm. His shoulders just

476
00:23:41,440 --> 00:23:43,240
completely toast and he goes.

477
00:23:43,240 --> 00:23:45,720
Speaker 1: The inflammation is so bad. I can't sleep on this side.

478
00:23:46,039 --> 00:23:50,079
I can't scratch myself. I can't, you know, undertake hygiene

479
00:23:50,079 --> 00:23:53,160
after I go to the bathroom. So is there anything

480
00:23:53,200 --> 00:23:56,640
I said? This is perfect case, perfect case. So here's

481
00:23:56,640 --> 00:23:58,319
the deal. I'm not a doctor, but here's what I

482
00:23:58,440 --> 00:24:01,880
know about renew. The stem cells are ethically gathered. They

483
00:24:01,960 --> 00:24:03,960
only come from placenta's and umbilical cords.

484
00:24:04,039 --> 00:24:04,519
Speaker 4: I know this.

485
00:24:05,160 --> 00:24:08,799
Speaker 1: They destroy inflammation, so at the very least, in my judgment,

486
00:24:08,839 --> 00:24:10,839
you'd have relief from the information for a long time.

487
00:24:11,319 --> 00:24:12,839
And then I know this for a fact because it

488
00:24:12,920 --> 00:24:17,599
happened to me. Nothing regrows muscle in my judgment, faster tendons,

489
00:24:18,039 --> 00:24:20,480
even cartilage in this. So here's what I told the guy,

490
00:24:21,079 --> 00:24:23,920
same thing. I'm telling you. You have nothing to lose

491
00:24:24,000 --> 00:24:26,759
by checking with renew. Go to renew dot Healthcare r

492
00:24:26,839 --> 00:24:30,960
E n ue dot healthcare people avoid surgery. They've had incredible,

493
00:24:31,000 --> 00:24:35,000
miraculous successes helping people overcome tbi's traumatic brain injuries and yeah,

494
00:24:35,119 --> 00:24:35,440
things like.

495
00:24:35,480 --> 00:24:37,359
Speaker 3: That shoulder over use as a professional athlete.

496
00:24:37,640 --> 00:24:39,440
Speaker 1: Renew dot healthcare police tell me are part of the

497
00:24:39,440 --> 00:24:42,960
Todd Herman Show family. So one other piece of video here, Zach,

498
00:24:42,960 --> 00:24:43,359
I want.

499
00:24:43,200 --> 00:24:43,799
Speaker 3: To watch this with me.

500
00:24:43,920 --> 00:24:51,440
Speaker 1: The President of Mexico, Claudia Shinbaum, says that she does

501
00:24:51,519 --> 00:24:54,480
not like President Trunk's so called attacks on immigrants. That's

502
00:24:54,559 --> 00:24:57,799
what he's doing, He's attacking immigrants. She says this that

503
00:24:58,440 --> 00:25:10,759
the Mexican government is what so she she says, the

504
00:25:10,880 --> 00:25:14,519
Mexicans sustain the American economy in the United States, in

505
00:25:14,559 --> 00:25:18,200
the countryside and services and everywhere. Certainly there's a lot

506
00:25:18,240 --> 00:25:22,000
of Hispanic labor here. Is she near accurate that in

507
00:25:22,079 --> 00:25:24,799
your judgment that Mexicans sustain our economy.

508
00:25:26,279 --> 00:25:29,319
Speaker 5: No, it's it's a it's a completely ridiculous statement.

509
00:25:30,440 --> 00:25:34,039
Speaker 3: Okay, don't don't don't don't like be wishy washy.

510
00:25:34,799 --> 00:25:38,079
Speaker 6: Yeah, no, it's it's just nonsense. And and other than that,

511
00:25:38,319 --> 00:25:44,200
like you know, yeah, I bet you could probably make

512
00:25:44,279 --> 00:25:46,319
I mean, what since the other part of it is

513
00:25:46,400 --> 00:25:48,559
what what does that have to do with anything?

514
00:25:49,039 --> 00:25:49,160
Speaker 4: Right?

515
00:25:49,240 --> 00:25:53,319
Speaker 6: If if we if we legalize cocaine sales and tax them,

516
00:25:53,359 --> 00:25:55,920
that will help revenues to and improve the national deficit.

517
00:25:56,160 --> 00:25:57,799
Speaker 5: Well, what does this have to do with anything?

518
00:25:58,319 --> 00:25:58,440
Speaker 4: Right?

519
00:25:58,519 --> 00:26:00,920
Speaker 6: Like, First of all, if you look at the vast

520
00:26:01,039 --> 00:26:03,359
majority and I'm talking like ninety eight ninety nine percent

521
00:26:03,359 --> 00:26:04,759
of immigrants that have come in the country of the

522
00:26:04,839 --> 00:26:07,319
last three years, they live in they live in urban centers,

523
00:26:07,759 --> 00:26:10,759
they're they're living off well there and in handback, this

524
00:26:10,960 --> 00:26:15,960
is completely nonsensible. Second of all, there's already a working

525
00:26:16,240 --> 00:26:19,680
the working visas for for seasonal workers where we already

526
00:26:19,680 --> 00:26:22,240
have that. You can go like that's that's I'm forgetting

527
00:26:22,240 --> 00:26:24,039
what the name of it is. But there's a there's

528
00:26:24,079 --> 00:26:28,759
a program where effectively you can get temporary citizenship on

529
00:26:28,759 --> 00:26:31,000
an annualized basis to come in and do seasonal work.

530
00:26:31,119 --> 00:26:31,920
Speaker 4: Yeah, so.

531
00:26:33,759 --> 00:26:38,000
Speaker 6: This is these are little kids throwing fits because somebody

532
00:26:38,039 --> 00:26:39,400
told them they have to eat their vegetables. I mean

533
00:26:39,440 --> 00:26:42,079
that that's that's what we're talking about here. There's just

534
00:26:42,160 --> 00:26:44,599
all there there. The whole thing is completely ridiculous.

535
00:26:45,279 --> 00:26:46,400
Speaker 3: Things you're going to have to change.

536
00:26:46,480 --> 00:26:49,880
Speaker 1: I saw this thing, Jake Tapper was attacking Steven Miller

537
00:26:50,680 --> 00:26:52,640
and we'll run this video maybe next week. So Jake

538
00:26:52,720 --> 00:26:54,599
Tapper had Steven Miller and Stiver is kind of the

539
00:26:55,079 --> 00:26:58,319
the immigration thinker with President Trump first term, second term,

540
00:26:58,599 --> 00:27:01,319
and Jake just gets all over Stephen Miller and you know,

541
00:27:01,519 --> 00:27:03,400
you're going to destroy the economy, We're going to pay

542
00:27:03,480 --> 00:27:06,599
more for foods. You're going to you know, destroy farms.

543
00:27:06,680 --> 00:27:10,599
And Steven Miller sits there calmly. He goes, illegal immigrants

544
00:27:11,200 --> 00:27:15,480
work ones at two percent in farming. Yeah, yep, that's

545
00:27:15,599 --> 00:27:18,000
just the stats, the same thing that you just said

546
00:27:18,000 --> 00:27:19,640
that they're in this. I want to run this idea

547
00:27:19,720 --> 00:27:22,519
by you. We're getting the violent cartel members out. I

548
00:27:22,559 --> 00:27:24,799
saw this thing in Washington State. They arrested a child

549
00:27:24,880 --> 00:27:26,839
rapist immigrant who was supposed to been deported, but he

550
00:27:26,960 --> 00:27:31,279
was sheltered. What do you think of having pardons for

551
00:27:31,880 --> 00:27:36,000
illegal immigrants who have proven themselves to be incredible citizens?

552
00:27:36,000 --> 00:27:39,000
Speaker 3: Because side by side, So you like that idea, love it?

553
00:27:39,200 --> 00:27:39,480
Speaker 4: Love it?

554
00:27:39,839 --> 00:27:40,039
Speaker 5: Yeah.

555
00:27:40,680 --> 00:27:42,279
Speaker 6: Hey, if you if you come here and you want

556
00:27:42,319 --> 00:27:44,039
to work, and you and you want to raise your kids,

557
00:27:44,319 --> 00:27:45,880
and you're a productive part of the family, and you

558
00:27:45,920 --> 00:27:47,839
want to be part of the American dream. I'm all

559
00:27:47,880 --> 00:27:50,759
about making immigration easier for those folks. What I'm not

560
00:27:50,960 --> 00:27:54,359
in favor of doing is offering free handouts with an

561
00:27:54,400 --> 00:27:57,799
open border, because you get the exact opposite of what

562
00:27:58,119 --> 00:28:01,400
this country was built on. People opted in to this

563
00:28:01,599 --> 00:28:05,759
country with no promise, no guarantee. That was the deal, right,

564
00:28:06,079 --> 00:28:08,680
and so by definition it was a self filtering process.

565
00:28:09,480 --> 00:28:13,200
The way you're doing it now, as a matter of fact,

566
00:28:13,240 --> 00:28:14,920
you got to tip your cap to these immigrants.

567
00:28:15,519 --> 00:28:17,920
Speaker 5: I would be doing the exact same thing that they're doing.

568
00:28:18,160 --> 00:28:20,039
Speaker 6: If somebody's gonna sit there and say, yeah, we're gonna

569
00:28:20,039 --> 00:28:21,519
open the border deal, We're gonna put you up in

570
00:28:21,599 --> 00:28:23,920
a hotel and give you free money, why would.

571
00:28:23,720 --> 00:28:24,359
Speaker 4: You not do it?

572
00:28:25,240 --> 00:28:28,759
Speaker 1: Like other than that of a sense of self respect

573
00:28:28,839 --> 00:28:31,039
that I don't want people hand feed me because I'm

574
00:28:31,039 --> 00:28:34,039
not an iguana or a puppy dog.

575
00:28:34,119 --> 00:28:35,799
Speaker 3: I mean there's that. I don't want to be hand

576
00:28:35,880 --> 00:28:37,440
fed like a No.

577
00:28:37,640 --> 00:28:39,319
Speaker 6: But if you're great, but if you're living hand in

578
00:28:39,359 --> 00:28:42,200
mouth in Mexico and you're you're an abject poverty, whatever

579
00:28:42,359 --> 00:28:44,160
you can do as a father to get you know,

580
00:28:44,319 --> 00:28:46,720
like I just pit put myself in that situation. Would

581
00:28:46,720 --> 00:28:47,720
I want the handout.

582
00:28:47,839 --> 00:28:47,880
Speaker 4: No.

583
00:28:48,359 --> 00:28:50,880
Speaker 6: But if I'm in that economic situation and you're going

584
00:28:50,960 --> 00:28:53,279
to offer me a chance to get my kids into

585
00:28:53,279 --> 00:28:55,640
the US, in the US schools, all that kind of stuff,

586
00:28:55,839 --> 00:28:57,960
I'm jump I'm jumping at it, and I don't.

587
00:28:58,160 --> 00:29:00,920
Speaker 5: And that's why I think part of this greation policy,

588
00:29:02,839 --> 00:29:06,200
I think that we should make it really hard to

589
00:29:06,240 --> 00:29:08,960
get in here illegally, and I think we should make

590
00:29:09,000 --> 00:29:11,200
it much easier to get in illegally right.

591
00:29:11,319 --> 00:29:13,759
Speaker 1: And I think that though, when we're making it easy

592
00:29:13,839 --> 00:29:15,880
to get in here legally, we should predicate it upon

593
00:29:16,039 --> 00:29:19,240
who do we need here? This is going back to

594
00:29:19,319 --> 00:29:21,680
who we are right we get to have these decisions

595
00:29:22,359 --> 00:29:25,640
I'm talking about. You're getting this because I've been monitoring

596
00:29:26,000 --> 00:29:30,440
the media in your separate country. Your governor, the very

597
00:29:30,559 --> 00:29:35,160
dangerous Bob Ferguson. He has put together a family separation

598
00:29:35,319 --> 00:29:35,920
task Force.

599
00:29:36,680 --> 00:29:39,960
Speaker 3: Yes, So the moment, the moment.

600
00:29:40,319 --> 00:29:44,079
Speaker 1: You have Ice roll in a place, they report that,

601
00:29:44,799 --> 00:29:48,359
your dictator, Bob Ferguson sends out a team of lawyers

602
00:29:49,200 --> 00:29:49,799
to fight this.

603
00:29:50,079 --> 00:29:52,119
Speaker 3: This is the same Bob that.

604
00:29:52,200 --> 00:29:56,559
Speaker 1: Wants to put people in jail for expressing political opinions,

605
00:29:57,119 --> 00:30:00,559
and he doesn't care about that family separation. I'm talking

606
00:30:00,599 --> 00:30:03,680
about countering taking away his ability to motion manipulate by

607
00:30:03,759 --> 00:30:08,720
putting on press releases or press conferences where President Trump says,

608
00:30:09,119 --> 00:30:12,680
here's the winners of our ten pardons this month, and

609
00:30:12,799 --> 00:30:16,079
he introduces a family. They came in illegally twenty years ago.

610
00:30:16,799 --> 00:30:19,559
Since then, they have been paying taxes through someone else's

611
00:30:19,559 --> 00:30:20,559
Social Security number.

612
00:30:20,640 --> 00:30:21,200
Speaker 3: That's illegal.

613
00:30:21,640 --> 00:30:23,640
Speaker 1: We're going to talk about that. But they've been paying

614
00:30:23,680 --> 00:30:26,400
the taxes. They have put their kids through school with

615
00:30:26,440 --> 00:30:29,400
their own money through private schools. They rescued people from

616
00:30:29,440 --> 00:30:32,960
a fire, the son serving our military. We are giving

617
00:30:33,000 --> 00:30:36,400
a pardon along with a fine. Right, they're going to

618
00:30:36,519 --> 00:30:38,759
pay fines for what they've done, but they are pardoned

619
00:30:39,000 --> 00:30:42,000
for the crime of sneaking into our country. On the

620
00:30:42,079 --> 00:30:44,839
other hand, here's an arrest we made this week of

621
00:30:44,920 --> 00:30:46,079
a dangerous felon.

622
00:30:46,160 --> 00:30:47,119
Speaker 3: And then he gets a chance to.

623
00:30:47,119 --> 00:30:50,400
Speaker 1: Talk about your dictator, right, your dictator, Bob, And here's

624
00:30:50,400 --> 00:30:51,039
what he's doing.

625
00:30:51,480 --> 00:30:53,119
Speaker 3: That's what I'm when I'm talking about pardons, that's what

626
00:30:53,160 --> 00:30:53,839
I'm talking about.

627
00:30:54,319 --> 00:30:56,119
Speaker 5: Yeah no, and I'm all for that.

628
00:30:56,359 --> 00:31:00,559
Speaker 6: There's got to be some type of leverage here's here

629
00:31:00,880 --> 00:31:03,440
that Trump can apply to these guys, when when what

630
00:31:03,799 --> 00:31:05,319
I would do or as I would advise him to do.

631
00:31:05,680 --> 00:31:08,720
Speaker 5: The minute Ferguson drops something like that, I would answer

632
00:31:08,839 --> 00:31:13,839
with extraordinarily painful measures of withholding federal funds and just say, listen,

633
00:31:14,279 --> 00:31:17,920
if you're not going to comply to US immigration laws,

634
00:31:18,279 --> 00:31:19,640
we we are cutting you off.

635
00:31:20,720 --> 00:31:23,200
Speaker 3: Good luck, yepuck and I.

636
00:31:23,279 --> 00:31:24,759
Speaker 5: And I'd sit there and look at I do.

637
00:31:24,799 --> 00:31:27,920
Speaker 3: It in California too, I would if I were I

638
00:31:27,960 --> 00:31:28,680
would go to his.

639
00:31:29,279 --> 00:31:31,480
Speaker 5: You don't get any relief funds until you do this.

640
00:31:32,000 --> 00:31:36,200
Speaker 1: There's there's there's chatter, and it's significant chatter from real people.

641
00:31:36,680 --> 00:31:40,119
I mean, people who know that the Trump administration is

642
00:31:40,200 --> 00:31:42,839
finally going to loosen up the US attorneys in your

643
00:31:42,920 --> 00:31:46,200
state to go after the corruption that everybody knows exists.

644
00:31:46,880 --> 00:31:49,519
Good because it's been there, but no one messes with

645
00:31:49,599 --> 00:31:52,839
the king's son. So if I were Trump, then I'd

646
00:31:52,880 --> 00:31:56,200
be going back to his DJ and saying, Okay, not

647
00:31:56,359 --> 00:31:58,559
only were we going to do this anyway because they're corrupt,

648
00:31:59,160 --> 00:32:01,640
but now they're actual insurrectionists.

649
00:32:03,720 --> 00:32:05,079
Speaker 5: And they're violating national law.

650
00:32:05,279 --> 00:32:10,680
Speaker 1: Right they're insurrectionists. There's cessations, cessationists. There's a point of

651
00:32:10,680 --> 00:32:13,039
conversation I want to have with you about social media

652
00:32:13,200 --> 00:32:15,920
and the power of this, and it goes to the economy.

653
00:32:15,960 --> 00:32:19,039
It has to do with Visa and Elon Musk and

654
00:32:19,119 --> 00:32:21,200
I know you guys got to be on top of this,

655
00:32:21,759 --> 00:32:23,640
so let's talk about this in a second. I wanted

656
00:32:23,680 --> 00:32:25,920
to tell people there's a couple of new bags coming

657
00:32:26,640 --> 00:32:29,720
from a bone Frog Coffee and dang it, they're going

658
00:32:29,799 --> 00:32:33,400
to be so controversial. And one has to do with

659
00:32:33,480 --> 00:32:35,960
a cross. The other has to do with Trump and

660
00:32:36,039 --> 00:32:39,160
a color. So get ready for this, get in line

661
00:32:39,200 --> 00:32:42,160
for this. But then also can you just recognize them

662
00:32:42,240 --> 00:32:44,839
and pray for something. One of the guys who works

663
00:32:44,839 --> 00:32:49,039
at bone Frog, his name is Atticus. He's gotten called

664
00:32:49,079 --> 00:32:54,279
up to boot Camp and then Buds. So he's leaving

665
00:32:54,799 --> 00:32:57,599
bone Frog to go through the Buds program to become

666
00:32:57,640 --> 00:32:58,240
a Navy seal.

667
00:32:59,000 --> 00:33:00,200
Speaker 3: So I want to just take some time.

668
00:33:00,279 --> 00:33:02,759
Speaker 1: Is Bonefrog Coffee dot com slash todd. That's the you

669
00:33:02,880 --> 00:33:04,839
get the ten percent discount and the first cop or

670
00:33:04,880 --> 00:33:08,599
the first bat you buy fifteen percent of subscription coffees.

671
00:33:08,640 --> 00:33:10,480
I'll talk about the quality the coffee later. I do

672
00:33:10,559 --> 00:33:14,119
that all the time. Would you pray this weekend for Atticus?

673
00:33:15,160 --> 00:33:18,799
Because that is a huge, huge undertaking boot camp straight

674
00:33:18,880 --> 00:33:21,759
into Buds. And let's pray that God is with him,

675
00:33:21,880 --> 00:33:24,519
that he gets through that, that he thrives, that he

676
00:33:24,640 --> 00:33:26,839
in fact enjoys the experience, and that he's the guy

677
00:33:26,880 --> 00:33:29,519
who goes on to serve. There's one other guy named

678
00:33:29,599 --> 00:33:33,039
John and he's trying to get into Buds. So both

679
00:33:33,079 --> 00:33:34,680
of these guys are in the Navy. John's trying to

680
00:33:34,720 --> 00:33:37,119
get into Buds and they work at bone Frog. That's

681
00:33:37,160 --> 00:33:40,160
the class of people Tim hires there, always tries to

682
00:33:40,200 --> 00:33:43,400
work with veterans, veteran owned organizations, Bonefrog, Coffee, dot Com,

683
00:33:43,519 --> 00:33:46,799
Slash Todd and praying for Atticus and really right now

684
00:33:46,799 --> 00:33:48,039
Atticus and later John.

685
00:33:48,440 --> 00:33:52,480
Speaker 3: So Elon Musk. He's been talking about this forever.

686
00:33:53,559 --> 00:33:56,039
Speaker 1: They've struck a deal with Visa and this is the

687
00:33:56,119 --> 00:33:59,400
credit card network, not the cards, to be the first.

688
00:33:59,200 --> 00:34:03,359
Speaker 3: Partner for the X money accounts. And it's very simple.

689
00:34:03,599 --> 00:34:07,279
Speaker 1: He's got all these accounts, everybody's got their information, he's

690
00:34:07,279 --> 00:34:09,679
got their email addresses. Most people have put their phone

691
00:34:09,760 --> 00:34:12,800
numbers in there. Many people put their addresses in and

692
00:34:13,119 --> 00:34:15,320
this is going to allow people to move money, make

693
00:34:15,400 --> 00:34:17,840
peer to peer payments. So it's like Zell, it's like Venmo.

694
00:34:18,440 --> 00:34:21,719
This new entry matter is zach because the installed user base,

695
00:34:21,840 --> 00:34:24,360
the apps he's already got installed in people's phones. This

696
00:34:24,559 --> 00:34:27,320
to me strikes me as a major disruptor, particularly since

697
00:34:28,119 --> 00:34:31,079
Zell and Venmo those are liberal companies who don't particularly

698
00:34:31,199 --> 00:34:31,840
like our values.

699
00:34:32,840 --> 00:34:33,599
Speaker 4: Yeah, I.

700
00:34:35,559 --> 00:34:39,960
Speaker 5: So, And what exactly is the question?

701
00:34:40,199 --> 00:34:40,239
Speaker 4: So?

702
00:34:40,719 --> 00:34:41,760
Speaker 5: What would exactly to me?

703
00:34:42,679 --> 00:34:45,199
Speaker 3: To me, this is a major disruptor. Am I wrong

704
00:34:45,320 --> 00:34:46,920
to think that this is a major disruptor?

705
00:34:47,599 --> 00:34:50,199
Speaker 5: It certainly could. I mean, it's certainly, Yeah, it certainly

706
00:34:50,239 --> 00:34:50,519
can be.

707
00:34:50,719 --> 00:34:54,280
Speaker 1: It certainly can be installed user base. He adds a

708
00:34:54,360 --> 00:34:59,039
tab to the app, he gives discounts to users. He's

709
00:34:59,079 --> 00:35:02,239
got in house image or to promote it. I mean,

710
00:35:02,400 --> 00:35:04,559
to me, this thing comes out of the gate with

711
00:35:05,320 --> 00:35:07,960
an easy in the first year. By the second year,

712
00:35:07,960 --> 00:35:09,280
I say, he's got one hundred million users.

713
00:35:12,559 --> 00:35:15,360
Speaker 5: It doesn't seem unlikely. It doesn't seem it doesn't seem

714
00:35:15,400 --> 00:35:22,280
unlikely to me. Yeah, I I I yeah, I man,

715
00:35:22,360 --> 00:35:23,440
there's so many moving parts.

716
00:35:23,519 --> 00:35:26,920
Speaker 1: I don't He's got a track record of building great tech,

717
00:35:27,599 --> 00:35:30,800
he does easy to use, he's got a track record

718
00:35:30,920 --> 00:35:35,679
of success in consumer apps. He gets branding, and then

719
00:35:35,719 --> 00:35:40,800
there's this make payment as easy as tweeting. I mean,

720
00:35:40,840 --> 00:35:43,880
if you make paying, you walk into an organization, I'm

721
00:35:43,920 --> 00:35:45,559
not doing a QR code thing. You walk in, you

722
00:35:45,679 --> 00:35:48,519
hit a tweet, you paid, and it's not quite Apple wallet,

723
00:35:48,840 --> 00:35:50,960
but that's very, very big. And then promoting the things

724
00:35:51,000 --> 00:35:54,119
that you pay for instantly. Zach just purchased these tickets,

725
00:35:54,760 --> 00:35:58,159
and then that's put out. Oh oh, Zach's going yeah,

726
00:35:58,199 --> 00:35:58,760
and and and.

727
00:36:00,079 --> 00:36:01,800
Speaker 6: One of the things I like about that is I

728
00:36:01,880 --> 00:36:05,920
don't like Apple. I don't like what I think their

729
00:36:06,159 --> 00:36:09,000
I think their products are garbage. I think they're getting worse.

730
00:36:09,320 --> 00:36:14,199
They don't innovate, and I don't like using any more

731
00:36:14,280 --> 00:36:18,519
of their new things because at some point, Apple's corporate

732
00:36:18,599 --> 00:36:22,480
strategy went from building really cool stuff that everybody likes

733
00:36:23,000 --> 00:36:26,079
to building things that hold you and capture you inside

734
00:36:26,119 --> 00:36:29,840
of their ecosystem. And anytime a company starts doing that,

735
00:36:30,360 --> 00:36:34,400
even if that ecosystem is helpful, I just naturally push

736
00:36:34,480 --> 00:36:36,199
back against it. I'm like, no, no, no, no, you

737
00:36:36,280 --> 00:36:39,079
are not going to course me into anything, right, I'm

738
00:36:39,440 --> 00:36:42,280
a free agent. I will use your products because I

739
00:36:42,320 --> 00:36:45,199
want to, and I like using your products until you

740
00:36:45,280 --> 00:36:46,199
made me start doing it.

741
00:36:46,639 --> 00:36:49,360
Speaker 5: And so I won't use Apple Wallet. I would use that.

742
00:36:49,719 --> 00:36:51,559
Speaker 3: I'm exactly the same.

743
00:36:51,679 --> 00:36:54,559
Speaker 1: I have Google apps on my iPhone and anytime I

744
00:36:54,639 --> 00:36:57,480
need to get tech support from Apple. What are the

745
00:36:57,519 --> 00:36:59,239
guys to say, why don't you just use our mail

746
00:36:59,559 --> 00:37:02,199
plant right, just as their mail app? Oh, because I

747
00:37:02,239 --> 00:37:03,000
don't want to be locked in?

748
00:37:03,599 --> 00:37:05,079
Speaker 5: Yeah, and I don't like your mail app, right?

749
00:37:05,440 --> 00:37:08,000
Speaker 3: And why don't you use our music app? Because they

750
00:37:08,000 --> 00:37:08,719
don't want to be locked in?

751
00:37:09,159 --> 00:37:10,360
Speaker 5: And I don't like your music app.

752
00:37:11,719 --> 00:37:13,880
Speaker 3: Do you remember I don't know if you tracked this.

753
00:37:13,920 --> 00:37:16,840
Do you remember a feature on Facebook called Facebook Beacon?

754
00:37:18,239 --> 00:37:20,559
Speaker 5: No, but remember I've never had a Facebook or MySpace account.

755
00:37:20,559 --> 00:37:22,679
Speaker 1: Remember this is a really funny story. They launched a

756
00:37:22,719 --> 00:37:26,760
thing called Facebook Beacon. This was very visionary and it linked.

757
00:37:26,840 --> 00:37:29,360
It didn't tell you it did this. It linked your

758
00:37:29,360 --> 00:37:34,039
Facebook account to your online purchases, so they were tracking

759
00:37:34,119 --> 00:37:39,079
what you bought and posting it. And this is a

760
00:37:39,199 --> 00:37:42,400
true world scenario. A friend of mine, Shelley Palmer, is

761
00:37:42,440 --> 00:37:45,840
a tech guy and he's nice guy. He talks on

762
00:37:45,880 --> 00:37:48,280
TV at tech super smart guy. This happened to one

763
00:37:48,320 --> 00:37:52,480
of his senior employees. So the guys at work and

764
00:37:52,639 --> 00:37:57,920
he's making some plans. Bob just purchased two tickets to

765
00:37:58,079 --> 00:38:05,000
the opera, Bob just pick it, purchased some flowers. Bob

766
00:38:05,079 --> 00:38:09,320
has made dinner reservations. So this is all populating his page.

767
00:38:09,320 --> 00:38:10,960
His friends are liking it looks like you're gonna have

768
00:38:10,960 --> 00:38:13,719
a fun night. He doesn't even notice.

769
00:38:14,760 --> 00:38:15,000
Speaker 4: Wow.

770
00:38:16,079 --> 00:38:19,800
Speaker 1: So Bob shows up at the opera with his girlfriend

771
00:38:21,920 --> 00:38:30,800
and then his wife walks up, Oh oh, hi, Hi,

772
00:38:30,960 --> 00:38:35,159
well notty Bob, right, how did And then it turned

773
00:38:35,159 --> 00:38:38,239
out they didn't tell anybody they were doing this. I

774
00:38:38,320 --> 00:38:40,960
mean this, this goes to the ego of the tech people.

775
00:38:41,719 --> 00:38:47,119
Oh oh, by the way, we're going to be tracking

776
00:38:47,239 --> 00:38:50,719
or purchasing and telling everybody what you buy. But if

777
00:38:50,760 --> 00:38:53,920
you opt in on, man, I'm telling you, this has

778
00:38:53,960 --> 00:38:57,199
the capability to remember a group on that thing where

779
00:38:57,320 --> 00:38:59,480
if you if enough people sign up, we're gonna give

780
00:38:59,480 --> 00:39:03,559
you this much discount. This has check in capability, This

781
00:39:03,760 --> 00:39:07,159
has group on capability, This has for this many retweets,

782
00:39:07,199 --> 00:39:10,559
the price goes down. I'm telling you, man, I'm making

783
00:39:10,599 --> 00:39:13,159
a prediction right now, but this is a marker. I

784
00:39:13,320 --> 00:39:15,679
think that that that payment system is going to be

785
00:39:15,960 --> 00:39:19,320
the disruptor in the payment world because of its ability

786
00:39:19,360 --> 00:39:24,119
to push viralism, to drive group discounts group activity, and

787
00:39:24,440 --> 00:39:26,639
because of Elon Musk has chosen a side in the

788
00:39:26,679 --> 00:39:27,159
culture war.

789
00:39:27,960 --> 00:39:29,440
Speaker 5: I don't you know what I had not.

790
00:39:29,559 --> 00:39:30,920
Speaker 6: I got to be honest with you, I hadn't thought

791
00:39:30,920 --> 00:39:33,320
about that angle on that one yet, and I I

792
00:39:33,880 --> 00:39:36,840
fullheartedly agree. The only the only bummer about that is

793
00:39:37,599 --> 00:39:41,000
is that, uh it, Yeah, we can't invest in it,

794
00:39:41,679 --> 00:39:43,119
you know, because it's because it's private.

795
00:39:43,440 --> 00:39:45,119
Speaker 1: You don't think Elon will spin that out. I bet

796
00:39:45,159 --> 00:39:46,960
you Elon will spin out the financial entity.

797
00:39:47,599 --> 00:39:50,519
Speaker 6: He should at some point because he can restructure the sharers.

798
00:39:50,920 --> 00:39:53,519
Hen he could do a similar structure that like that

799
00:39:53,800 --> 00:39:58,519
that Facebook did, where he can still maintain autocratic control

800
00:39:58,599 --> 00:40:01,280
over it, right and and still sell it off and

801
00:40:01,320 --> 00:40:04,239
and and spin it back out. But he's got to

802
00:40:04,280 --> 00:40:06,719
get revenues up. I think revenues are probably still down

803
00:40:06,800 --> 00:40:10,280
real sharply from where he purchased it. Yeah, but like

804
00:40:10,400 --> 00:40:12,000
you said, or we were talking about in the office,

805
00:40:12,480 --> 00:40:14,960
he might be able to offset that a little bit

806
00:40:15,000 --> 00:40:17,760
because he's got a whole new contingency of fans exactly,

807
00:40:18,639 --> 00:40:22,280
and those people like the Tesla bros from back in

808
00:40:22,360 --> 00:40:24,639
the day, they'll step in there and buy it just

809
00:40:24,719 --> 00:40:25,400
to support him.

810
00:40:25,519 --> 00:40:27,639
Speaker 1: Yeah, there's some chance that he might get some special

811
00:40:27,719 --> 00:40:29,320
deals on his AI through the White House.

812
00:40:33,000 --> 00:40:35,800
Speaker 6: All right, hey, and hey, look, and if you're one

813
00:40:35,840 --> 00:40:37,880
of these tech guys and you're not working in an

814
00:40:37,880 --> 00:40:39,840
effort to try to ruin us or rod us from

815
00:40:39,880 --> 00:40:43,400
the outside, I'm okay throwing some special deals there.

816
00:40:43,480 --> 00:40:45,440
Speaker 3: Okay, Right, let's be let's be consistent.

817
00:40:46,079 --> 00:40:48,760
Speaker 1: We're going to get into the Navidio conversation, and I'm

818
00:40:48,760 --> 00:40:50,880
going to tell you a little private fact about myself

819
00:40:50,920 --> 00:40:54,920
that I have gotten so into the Bibtemizer's products guys,

820
00:40:54,920 --> 00:40:58,159
that I now take quarterly shipments. It's not enough for

821
00:40:58,239 --> 00:40:59,920
me to have subscriptions. I like to have all my

822
00:41:00,119 --> 00:41:03,440
stuff up front. My quarterly shipment arrives, I think today.

823
00:41:04,559 --> 00:41:06,840
So here's what's in my quarterly shipment. And this is

824
00:41:07,280 --> 00:41:09,760
how much I believe in this company. And I look,

825
00:41:10,079 --> 00:41:11,880
I pay for the products. I mean, yes, we get

826
00:41:11,880 --> 00:41:13,559
paid to promotable the show, but I pay for the products.

827
00:41:14,119 --> 00:41:19,079
So Magnesian Breakthrough Cornerstone sleep relaxation Regularity, that's the product

828
00:41:19,199 --> 00:41:20,280
most people know them about.

829
00:41:20,679 --> 00:41:23,239
Speaker 3: I use that before bed P three.

830
00:41:23,360 --> 00:41:27,599
Speaker 1: Oh m, this is so good at keeping food and

831
00:41:27,679 --> 00:41:30,119
the byproduct of food moving through your body. And you

832
00:41:30,199 --> 00:41:32,079
think that doesn't matter, but it does because it goes

833
00:41:32,119 --> 00:41:35,679
to your body's ability to cleanse itself, to properly use

834
00:41:35,800 --> 00:41:39,719
water to stay hydrated in the right way. Mass symes

835
00:41:40,039 --> 00:41:42,400
because of all the protein I eat, and yesterday was

836
00:41:42,440 --> 00:41:44,280
a heavy lifting day, so I was at three hundred

837
00:41:44,280 --> 00:41:46,880
and eighty grams of protein. Just pro tip, if you're

838
00:41:46,920 --> 00:41:51,000
eating that much protein and you are not having about

839
00:41:51,039 --> 00:41:53,639
four hundred and fifty ounces of water a day, look

840
00:41:53,679 --> 00:41:56,960
forward to kidney stones. So when I'm eating that much protein,

841
00:41:57,000 --> 00:41:58,679
I want to make sure I get the most for

842
00:41:58,840 --> 00:42:01,920
my money. Mass symes creates more amino acids from the

843
00:42:02,000 --> 00:42:04,679
proteins I eat. I think it's like two thousand times more.

844
00:42:04,760 --> 00:42:05,519
Speaker 3: It's a lot more.

845
00:42:06,679 --> 00:42:11,320
Speaker 1: And I stack that the product that I get quarterly

846
00:42:11,440 --> 00:42:14,519
that I most use most rarely is called sleep breakthrough.

847
00:42:14,880 --> 00:42:18,000
But for instance, we have a night where we're out

848
00:42:18,079 --> 00:42:20,320
really late because it's well late for me. I get

849
00:42:20,400 --> 00:42:23,960
up at four and it's when we have our life

850
00:42:24,000 --> 00:42:27,320
group at church. I know I'm going to get five

851
00:42:27,400 --> 00:42:29,280
hours of sleep tops, so I want it to be

852
00:42:29,400 --> 00:42:30,159
the best sleep.

853
00:42:30,639 --> 00:42:32,320
Speaker 3: So I take magnes and breakthrough in the way home.

854
00:42:32,400 --> 00:42:35,239
Speaker 1: Then I have a scoop of sleep breakthrough and I

855
00:42:35,400 --> 00:42:37,800
follow that with water and man, my sleep is so solid.

856
00:42:37,840 --> 00:42:40,480
Sometimes my sleep is better because I just sleep five

857
00:42:40,519 --> 00:42:42,519
hours better. I don't even wake up, and I get

858
00:42:42,599 --> 00:42:44,599
up and go to the gym. So you can have

859
00:42:44,719 --> 00:42:47,280
this this and adjust it to yourself the things you need.

860
00:42:47,360 --> 00:42:49,000
You may not need all these things. You at a

861
00:42:49,039 --> 00:42:51,920
bioptimizuers dot com slash todd, you'll save ten percent off

862
00:42:51,960 --> 00:42:52,960
of all their products.

863
00:42:53,760 --> 00:42:55,639
Speaker 3: And subscribe like I do, and.

864
00:42:55,679 --> 00:43:00,039
Speaker 1: You'll get free exclusive officers, exclusive discounts, exclusive information it

865
00:43:00,039 --> 00:43:04,840
spotty Messages dot com, slash todd. The strangest thing happened, Zach,

866
00:43:04,960 --> 00:43:08,159
and I thought this was illegal. I thought it was

867
00:43:08,199 --> 00:43:12,199
illegal for companies to compete in the Navidia ecosystem. But

868
00:43:12,519 --> 00:43:15,800
then again, the Chinese Communist Party doesn't care. They have

869
00:43:16,000 --> 00:43:18,400
launched the Chinese Communist Party, well, not them, but a

870
00:43:18,480 --> 00:43:21,039
company that they bless has launched something called deep Seek.

871
00:43:22,039 --> 00:43:25,960
And in a single day, Monday, was it the twenty

872
00:43:26,000 --> 00:43:31,400
seventh or so, the video dropped seventeen percent.

873
00:43:32,280 --> 00:43:36,079
Speaker 3: Yeah, because of the entry of one new company. And

874
00:43:36,199 --> 00:43:38,840
I was looking at all the debates, people say buy

875
00:43:38,880 --> 00:43:40,599
the dip by the dip, by the dip.

876
00:43:41,119 --> 00:43:41,920
Speaker 5: People are idiots.

877
00:43:42,400 --> 00:43:45,960
Speaker 3: Okay, please please explorin No, this is.

878
00:43:46,000 --> 00:43:48,280
Speaker 5: The problem with buying a company that expensive.

879
00:43:50,039 --> 00:43:51,760
Speaker 6: I mean you got to the company was worth three

880
00:43:51,760 --> 00:43:54,280
and a half trillion dollars trading at thirty times revenue.

881
00:43:54,559 --> 00:43:57,239
I understand that our entire culture and our entire financial

882
00:43:57,280 --> 00:44:01,000
markets have become completely value agnostic. Yep, nobody no value

883
00:44:01,039 --> 00:44:04,480
if it bit him in the backside. But it's ridiculous, Okay,

884
00:44:04,840 --> 00:44:08,159
so it I And I've said before, I think in

885
00:44:08,280 --> 00:44:11,400
Video is an amazing company. I think they produce amazing things. Okay,

886
00:44:11,480 --> 00:44:13,440
what you have to believe if you think the stock

887
00:44:13,559 --> 00:44:15,320
is a bye by the dip here, you got to

888
00:44:15,360 --> 00:44:18,400
believe that those margins seventy percent are sustainable.

889
00:44:18,679 --> 00:44:18,920
Speaker 5: Okay.

890
00:44:19,000 --> 00:44:21,320
Speaker 6: What Deep Seek really showed us, and I think the

891
00:44:21,440 --> 00:44:26,320
lesson to glean from this is that those really powerful

892
00:44:26,400 --> 00:44:29,800
chips I think are really important in the early stages

893
00:44:29,840 --> 00:44:31,639
of building LLLM models to kind of build.

894
00:44:32,119 --> 00:44:34,280
Speaker 5: The analogy we've been using is to kind of build

895
00:44:34,320 --> 00:44:35,320
the foundation.

896
00:44:35,840 --> 00:44:38,920
Speaker 6: But once the foundation is built, everybody can piggyback off

897
00:44:39,000 --> 00:44:41,719
everybody else's work and kind of start from there. So

898
00:44:41,880 --> 00:44:44,679
what you're seeing, or what deep Seek is intimating and

899
00:44:44,840 --> 00:44:47,679
what Ali Baba is now backing up and seconding. We'll

900
00:44:47,679 --> 00:44:49,840
have to see the veracity of these reports that came out.

901
00:44:50,199 --> 00:44:55,119
But markets are really adaptable things, and they and they

902
00:44:55,239 --> 00:44:57,800
find it right. They adapt, they evolve, they move, they

903
00:44:57,880 --> 00:45:01,480
figure out when the gap between I mean, the chip

904
00:45:02,000 --> 00:45:05,599
that you think you need and the next best available

905
00:45:05,719 --> 00:45:09,960
is forty thousand dollars per chip, that's a really big

906
00:45:10,440 --> 00:45:15,639
window for engineers to come in and try to figure out, right, like,

907
00:45:15,920 --> 00:45:18,519
maybe they can't save you all of it, but if

908
00:45:18,559 --> 00:45:21,599
they can do the same thing with half the number

909
00:45:21,679 --> 00:45:25,119
of the expensive chips, that saves billions of dollars. So

910
00:45:25,320 --> 00:45:28,000
our whole approach has been Look, their chips are amazing.

911
00:45:28,480 --> 00:45:31,400
What Nvidia has done is incredible, no knock on them.

912
00:45:31,440 --> 00:45:35,320
But the current stock price is based like, the only

913
00:45:35,400 --> 00:45:38,199
way the current stock price makes any sense is if

914
00:45:38,280 --> 00:45:42,639
you think seventy percent margins are available or are sustainable.

915
00:45:42,920 --> 00:45:46,559
If you think seventy percent margins are sustainable in chips,

916
00:45:47,079 --> 00:45:48,760
then you don't understand the chip industry.

917
00:45:48,800 --> 00:45:49,639
Speaker 5: It's just that simple.

918
00:45:49,840 --> 00:45:52,079
Speaker 6: You're talking about one of the most cyclical industries in

919
00:45:52,119 --> 00:45:55,400
the entire world. Okay, and you're also counting on that

920
00:45:55,519 --> 00:45:59,159
there will be no technological breakthroughs that enable people to

921
00:45:59,320 --> 00:46:03,920
use less of those GPUs. So I look, I I mean,

922
00:46:04,039 --> 00:46:06,159
I'm sitting here looking at a market right now with

923
00:46:06,320 --> 00:46:10,199
Apple with a what a garbage company that's turned into

924
00:46:10,880 --> 00:46:14,599
trading it forty times earnings with no growth, So you know, I.

925
00:46:16,360 --> 00:46:17,440
Speaker 5: Could it go up? Sure?

926
00:46:18,880 --> 00:46:21,519
Speaker 6: I just think that there are so many fatter pitches.

927
00:46:21,840 --> 00:46:23,639
The other thing, if you guys think you're being really

928
00:46:23,679 --> 00:46:27,320
smart buying Nvidio on a dip, a billion dollars worth

929
00:46:27,360 --> 00:46:29,920
of investors did the exact same thing yesterday, okay, So

930
00:46:29,960 --> 00:46:33,280
you're not out of it, right, And the reason they're

931
00:46:33,280 --> 00:46:36,199
buying it, they're buying it completely value agnostically. They have

932
00:46:36,280 --> 00:46:38,880
no idea what the real valuation of it is. They go, oh,

933
00:46:38,920 --> 00:46:40,760
it's only trading at fifty eight to pe. When you

934
00:46:40,800 --> 00:46:42,760
look at their earnings growth and you look at them, go, guys,

935
00:46:43,320 --> 00:46:46,360
they're at three point four trillion dollar market cap with

936
00:46:46,639 --> 00:46:48,599
less than what was it, three hundred and fifty billion

937
00:46:48,679 --> 00:46:52,480
in revenue. They're trading at thirty times sales right like

938
00:46:53,400 --> 00:46:56,639
and again, if you think they're going to sell another

939
00:46:56,719 --> 00:46:59,360
five to ten years worth of chips seventy percent margins,

940
00:46:59,639 --> 00:47:03,119
then yeah, to buy here, but what what that would

941
00:47:03,159 --> 00:47:06,320
take is something that we've never witnessed before and never

942
00:47:06,440 --> 00:47:08,800
seen and has never occurred in history. And you also

943
00:47:08,920 --> 00:47:10,679
have to assume that no other company is going to

944
00:47:10,679 --> 00:47:13,360
figure out how to arbitrage that forty thousand dollars spread

945
00:47:13,719 --> 00:47:16,320
between the two prices. Basically, you have to think that

946
00:47:16,440 --> 00:47:18,199
in Vidia is the only one that knows anything and

947
00:47:18,239 --> 00:47:21,440
everybody else just bunch idiots and it just it.

948
00:47:22,000 --> 00:47:24,800
Speaker 5: So where's the stock? Who knows? I mean, the stock's

949
00:47:24,800 --> 00:47:26,760
trading at thirty times? I mean, you know, I wouldn't

950
00:47:26,760 --> 00:47:28,719
buy it with your money or.

951
00:47:28,960 --> 00:47:34,079
Speaker 3: Well, thank you matter since you manage my money, thank

952
00:47:34,119 --> 00:47:34,559
you for that.

953
00:47:35,400 --> 00:47:37,400
Speaker 5: Yeah, I haven't bought it with your money. Yeah, but no,

954
00:47:38,400 --> 00:47:40,519
this is just people and this is what happens.

955
00:47:40,559 --> 00:47:42,639
Speaker 6: So right, nobody's paying attention to any any of the

956
00:47:42,719 --> 00:47:43,719
underlying fundamentals.

957
00:47:44,000 --> 00:47:45,000
Speaker 5: And then they're looking, well, the.

958
00:47:45,079 --> 00:47:46,719
Speaker 6: Stock was there before, and you go, guys, when the

959
00:47:46,719 --> 00:47:49,000
stock was there before, the company was growing revenues at

960
00:47:49,000 --> 00:47:51,559
twenty percent a year, it's not now now.

961
00:47:51,519 --> 00:47:54,440
Speaker 5: In Nvidia still is right, But I yeah, I just

962
00:47:55,320 --> 00:47:56,360
I could be wrong now.

963
00:47:56,320 --> 00:47:58,320
Speaker 6: That I'm speaking it, and I'm speaking about it in

964
00:47:58,400 --> 00:48:03,360
such certain terms, I probably will be so CONVIDIOSI, but no,

965
00:48:03,519 --> 00:48:05,519
I just you know, when I look at so many

966
00:48:05,559 --> 00:48:07,800
of the other opportunities out there, and you want me

967
00:48:07,840 --> 00:48:09,440
to buy a three and a half trillion dollar company

968
00:48:09,760 --> 00:48:11,360
at thirty times revenue, I'm good.

969
00:48:11,440 --> 00:48:14,760
Speaker 1: Thanks, Yeah, that makes perfect, perfect sense. Always good to

970
00:48:14,840 --> 00:48:16,760
have wise counsel today with Zach Abraham. Thank you for

971
00:48:16,880 --> 00:48:18,599
letting me wear the flannel shirt for most of the

972
00:48:18,639 --> 00:48:20,440
show that I got horribly hot because I thought there's

973
00:48:20,519 --> 00:48:23,320
horrible big lighting in here. And say hi to the

974
00:48:23,360 --> 00:48:25,639
Bypocks and we will see you over here in the

975
00:48:25,679 --> 00:48:29,119
high mountains. Freemerker, oh the twentieth I keep forgetting to

976
00:48:29,519 --> 00:48:32,199
speak into this. I am speaking at a CEO to

977
00:48:32,400 --> 00:48:37,960
CEO event in Washington State in Bellevue on Feb twenty.

978
00:48:38,159 --> 00:48:40,400
It's in the morning, and I'm hoping to have you

979
00:48:40,639 --> 00:48:43,119
sitting at the leadership meeting, and I happen to mention

980
00:48:43,199 --> 00:48:45,199
this to your wife, and then I forgot that I

981
00:48:45,280 --> 00:48:47,960
told you because I want to tell part of your

982
00:48:48,039 --> 00:48:51,239
story up there, yeah, in front of the CEOs. So

983
00:48:51,519 --> 00:48:53,559
you can go find this CEO to CEO. We'll put

984
00:48:53,559 --> 00:48:57,559
this on the websites and alex Next week we'll start.

985
00:48:57,400 --> 00:48:59,079
Speaker 3: Promoting this and we'll get the link out there. It's

986
00:48:59,079 --> 00:49:02,360
everybody with you. This is the Todd Hermer Show. Please go,

987
00:49:02,559 --> 00:49:05,679
be well, be strong, be kind, and please make every

988
00:49:05,719 --> 00:49:08,280
effort to walk in the light of Christ.

