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    No Tax On Tips, Deep Fakes & LGBTQ Friendly Traffic Signs | PBD Podcast | Ep. 425

    en-usJune 18, 2024

    Podcast Summary

    • Tip taxation, waitstaffPotential change in tip taxation could impact waitstaff, adding to the ongoing political and economic discussions shaping the current landscape

      There are several significant news stories making headlines recently, including potential changes to taxation for waitstaff, political developments, fundraising efforts, debates, and economic issues. Among these stories, the potential change in tip taxation could impact waitstaff, while political developments involve the upcoming presidential debate and fundraising efforts by politicians. Economic news includes discussions on interest rates, inflation, and the auto industry. Additionally, there are ongoing debates about DEI policies and Supreme Court rulings. The WNBA and its impact on viewership, as well as election-related stories, also made an appearance. Overall, these stories highlight a range of issues that are shaping the current political and economic landscape.

    • WNBA popularity surgeCaitlin Clark's exciting play drives WNBA attendance and viewership increases, with her and Angel Reese's contrasting responses to adversity impacting fan engagement.

      The WNBA is experiencing a surge in popularity due to the exciting play of Caitlin Clark, with attendance and viewership numbers significantly increasing compared to the average game. The contrasting responses of Clark and her opponent, Angel Reese, after a foul incident highlights their different approaches to handling adversity and the impact it has on fan engagement. The discussion also touched upon the potential impact of Caitlin Clark on the league, potentially raising the tide for all players, and the issue of jealousy and victimhood mentality in the sports world. Additionally, the conversation addressed the controversy surrounding Steven A. Smith's comments regarding race and Caitlin Clark, which was criticized as divisive and detrimental to the progress of sports and society. Overall, the conversation underscores the importance of focusing on talent and merit, rather than external factors, in the world of sports.

    • WNBA representation and marketabilityThe WNBA's financial struggles and representation of women and the LGBTQ+ community are subjects of debate, with some arguing that black women in the league face challenges in marketability due to market dynamics, while others believe that supporting underdogs is important regardless of the league or sport.

      The WNBA and its financial struggles have become a topic of debate, with some arguing that the league is a "zombie company" due to its continuous losses, while others believe that it deserves support due to its representation of women and the LGBTQ+ community. The conversation also touched on the issue of representation and marketability in sports, particularly for black women. Some argued that black women in the league are not seen as marketable, despite being talented, and that this is not necessarily due to racism but rather the market dynamics. Others disagreed, pointing out the success stories of notable black women athletes like Serena Williams and the importance of supporting underdogs regardless of the league or sport. Ultimately, the conversation highlighted the complexities of the sports industry and the ongoing debate around representation, marketability, and the role of financial success in determining the value and viability of a league.

    • Merit and Excellence vs Diversity and InclusionCapitalism rewards merit, excellence, and intelligence, leading to a diverse range of perspectives and ideas, while DEI policies based on feelings and hidden agendas can be reverse discriminatory.

      Merit, excellence, and intelligence (MEI) should be the focus in hiring and success, rather than diversity, equity, and inclusion (DEI). The speaker argues that capitalism doesn't care about backgrounds, and the best people, regardless of their background, will naturally bring a variety of perspectives and ideas to the table. The example of Kaitlyn Clark's success in the WNBA and Scale AI's MEI hiring policy illustrate this point. The speaker also criticizes DEI policies for being based on feelings and hidden political agendas, and argues that they are reverse discriminatory. He believes that the truth will eventually set things right, and that the DEI movement will fail, just like other failed causes such as Black Lives Matter and the gays for Gaza. The speaker also mentions that some businesses, like funding movies and documentaries, have causes and messaging as their motive, rather than making a profit. Overall, the speaker emphasizes the importance of merit and excellence in achieving success.

    • Sports and Entertainment vs MilitaryWinning and maintaining a large fan base are crucial for long-term recognition in sports and entertainment, while respect and appreciation for those who serve our country is crucial in the military context

      Success and relevance go hand in hand, especially in the world of sports and entertainment. Winning and maintaining a large fan base are crucial for long-term recognition, as seen with athletes like Michael Jordan and Caitlyn Clark. The value of sports teams, such as the Chicago Bulls, has skyrocketed due to the impact of star players. In the military context, while the National Defense Authorization Act may seem like a draft, it is actually a registration system. The lack of patriotism and appreciation for those who serve our country is a significant issue that needs addressing. The decline of traditional American values, including family, religion, and respect for our servicemen and women, is hurting our society. It's essential to remember the importance of respecting and supporting those who contribute to our communities and our country.

    • Legislative compromisesThe legislative process in Washington often results in compromises and additions to bills, leading to controversial provisions and concerns over fiscal integrity and divisive issues.

      The legislative process in Washington involves compromises and additions to bills that may not directly relate to their original purpose. This was highlighted in the discussion about the National Defense Authorization Act (NDAA), which contained provisions regarding selective service and substantial military spending, as well as controversial social issues. The speaker expressed concern about the decline of patriotism and fiscal integrity, as well as the inclusion of divisive amendments. Additionally, the importance of upbringing and education in shaping one's views towards patriotism was emphasized. The speaker lamented the current state of political polarization and the need for bipartisan efforts to pass meaningful legislation.

    • Political Climate and UnityThe speaker emphasizes the need for unity and recognizing the sacrifices of individuals, regardless of their background or beliefs, in the current divisive political climate.

      The current political climate in America is causing division and misunderstanding between different groups. The speaker expresses concern over the messaging from both the Republican and Democratic Parties, feeling that neither fully resonates with the average American. He believes the focus should be on unity and recognizing the sacrifices made by those who have served the country. The speaker also expresses frustration with the negative portrayal of certain groups and the lack of recognition for the positive contributions they make. He encourages respect and recognition for individuals, regardless of their background or beliefs. Additionally, he emphasizes the importance of acknowledging the history and sacrifices made by those who have served in the military, and the need for a shift away from focusing on the negative aspects of American history.

    • Illegal Immigration CrimesThe failure to secure the border and enforce immigration laws has led to an increase in crime and strain on resources, with examples given from New York City and Colorado. The lack of action and outrage from the political establishment is frustrating for many, potentially impacting upcoming elections. Economic implications and COVID-19 pandemic add to the complexity of the issue.

      The issue of illegal immigration and its associated crimes, such as rape and drug trafficking, is a major concern for many Americans, particularly under the current administration. The repeated failure to secure the border and enforce immigration laws has led to an increase in crime and strain on resources, with examples given from New York City and Colorado. The lack of action and outrage from the political establishment is frustrating for many, drawing parallels to past political campaigns and the potential consequences for the upcoming elections. The economic implications of mass immigration, coupled with the ongoing COVID-19 pandemic, further complicate the situation. The urgency to address this issue and ensure the safety and security of American citizens is a pressing concern.

    • Immigration and health careCalifornia's universal health coverage for immigrants could impact the presidential race, with some viewing it as a Democratic Party vote-seeking move

      The debate over immigration and border control in the United States is a complex issue with deep-rooted political motivations. During a podcast discussion, it was pointed out that California is poised to provide universal health coverage to its residents, including those regardless of immigration status. This could potentially be a significant issue in the upcoming presidential race, as some believe it could lead to a last-minute swap of candidates. The underlying reason for this push for immigration reform, according to some perspectives, is to secure votes for the Democratic Party. The debate also touched upon the complications of the border situation, with neither major political party having found a satisfactory solution. The discussion also highlighted the human aspect of the issue, emphasizing the need to treat immigrants with respect and dignity, while also acknowledging the importance of enforcing the law and ensuring accountability. Ultimately, the conversation underscored the importance of finding a balanced approach to immigration that respects the rule of law and the human rights of all involved.

    • Los Angeles sign removalRemoval of outdated signs in Los Angeles, which targeted the LGBTQ community, is an important step towards acknowledging past discriminatory practices. Tesla aims to produce one million humanoid robots per year, potentially revolutionizing industries and creating new opportunities.

      The removal of outdated signs in Los Angeles, which were originally used to target and persecute the LGBTQ community, is an important step in acknowledging and addressing past discriminatory practices. This issue resurfaced when a resident raised awareness, leading to the city council's decision to remove signs such as "no cruising," "no U-turns," and "be prepared to stop," which were identified as civil rights violations. The signs were originally put up in the 1990s and were significant in the history of the Silver Lake neighborhood. While some may view this as a waste of resources, others see it as an essential part of promoting equality and inclusivity. Additionally, Elon Musk's vision of a future with humanoid robots could potentially revolutionize industries and create new opportunities, with Tesla aiming to produce one million humanoid robots per year.

    • Robots and JobsAdvanced robots may bring household tasks efficiency but could also lead to military use and job displacement, while the labor market remains tight with ongoing job additions

      The future may bring advanced humanoid robots capable of performing household tasks and even replacing certain jobs, but this development could also lead to concerns about potential military use and job displacement. The recent increase in American jobless claims, while volatile, might indicate a sustained higher unemployment rate due to high interest rates. Despite these challenges, the labor market remains historically tight, with the economy adding jobs. The future, while potentially scary, also brings opportunities through technological advancements.

    • Unemployment and Interest RatesUnemployment could lead to lower interest rates due to increased labor pool and reduced wage growth, but the timing of Fed's rate cuts remains uncertain due to ongoing debate among experts and political factors.

      The current high level of unemployment, despite its challenges for individuals and families, could lead to lower interest rates as it increases the labor pool and potentially reduces wage growth, which in turn affects inflation. The Federal Reserve's stance on interest rate cuts remains uncertain, with some predicting cuts as soon as September while others believe it may not happen until December. The ongoing debate among economists and experts about the timing of these cuts could impact mortgage and auto loan rates. Additionally, political factors, such as the upcoming 2024 election, could also influence the Fed's decision. Despite the economic challenges, it appears that the current state of the economy, including inflation and unemployment, is largely set and may not change significantly before the election.

    • White House leadership concernsPresident Biden's apparent lack of ability to lead independently raises concerns, highlighted during a fundraiser where he appeared guided by former President Obama, adding uncertainty to the upcoming election

      The current state of the White House and its leadership, specifically President Joe Biden, has become a topic of concern due to his apparent lack of ability to lead and make decisions independently. This was highlighted during a recent fundraiser event where he appeared to be guided by former President Obama and others on stage. While some may argue that this is not a new development, as Biden has shown signs of struggle for years, others worry about the implications of having a president who seems unable to run the country. The money raised during the event, while significant, does not alleviate these concerns. The uncertainty surrounding who is truly in control of the White House adds to the unease, making the upcoming election a close call.

    • 2022 U.S. Presidential ElectionA significant number of voters hold unfavorable views of both Biden and Trump, potentially leading to a close election and civil unrest. The 25th Amendment allows Harris to assume the presidency if Biden becomes incapacitated, and Sandy Hook families are trying to seize Jones' social media accounts during bankruptcy.

      The 2022 U.S. presidential election could potentially come down to a few crucial states, as a significant number of voters hold unfavorable views of both President Biden and former President Trump. The highest percentage of "double haters" in the last 10 elections was reported by Pew Research at 25%. Despite Biden's slight lead over Trump, there's a possibility of a civil unrest if Trump wins. If Biden were to become incapacitated, the 25th Amendment would allow Kamala Harris to assume the presidency. In a separate issue, families of Sandy Hook massacre victims are seeking to seize Alex Jones' social media accounts as part of his bankruptcy liquidation. However, it's unclear how effective this would be, as Jones could easily create new accounts.

    • Sandy Hook shooting aftermathThe aftermath of the Sandy Hook shooting highlights the complexities of seeking closure and accountability, as well as the potential long-term consequences of spreading misinformation, and the varying motivations behind different actions

      The desire for closure and accountability following tragic events, such as the Sandy Hook shooting, can lead to complex situations. While the families affected may focus on seeking damages, others may have personal vendettas and ulterior motives. In this case, Alex Jones, who spread misinformation about the Sandy Hook shooting, faces significant backlash from various parties. Some argue for taking away his Twitter account to prevent further harm, while others see it as an infringement on free speech. Ultimately, this situation highlights the complexities and potential long-term consequences of spreading misinformation, as well as the various motivations that can drive individuals and groups to pursue specific actions.

    • Political AccountabilityAcknowledging imperfections and aging processes of political figures, recognizing potential donor influence, and demanding transparency are crucial for a more honest political landscape, preventing global chaos and long-term societal threats.

      Accountability and objectivity were lacking during significant political events, such as the Iraq War and the ongoing U.S. presidential race. The discussion between Bill Ackman and Mark Cuban highlights the importance of acknowledging the imperfections and aging processes of political figures, while also recognizing the potential influence of wealthy donors on various industries, including sports. The lack of accountability for past actions, such as the absence of weapons of mass destruction evidence before the Iraq War, and the ongoing debates about the capabilities of current political figures, underscore the need for a more transparent and honest political landscape. The consequences of weak leadership and the manipulation of public perception can lead to global chaos and long-term threats to society.

    • Presidential candidates' character and competenceDespite reservations, some voters prioritize social issues and climate change over character concerns when choosing between Biden and Trump. Media bias and double standards in perception also play a role in the election.

      The discussion revolved around the perceived flaws and unfavorability of both President Joe Biden and former President Donald Trump, with many commentators expressing their concerns about the character and competence of each candidate. One commentator, Bill Ackman, expressed his intention to vote for Biden despite his reservations, citing social issues and climate change as important factors. Another, Mark Cuban, a billionaire NBA team owner, publicly stated his support for Biden and criticized Trump's actions and character. The conversation also touched upon the issue of double standards in how the media and public perceive each candidate, with some commentators accusing the media of manufacturing negative perceptions of Trump while ignoring Biden's own flaws. Overall, the discussion highlighted the challenging nature of the 2020 presidential election, with both candidates facing significant criticism and uncertainty.

    • NBA player's political aspirationsDwight Howard, a successful NBA player, may pursue a political career, potentially joining a star-studded 2028 presidential race, after achieving success in business and media.

      Dwight Howard, the NBA player, might be considering a run for politics in the future, as suggested by the speaker. He has already achieved success in business and media, and a political win would complete a trifecta for him. The speaker also mentioned the possibility of a star-studded 2028 presidential race. Additionally, the speaker shared an intriguing theory about Jesus being an alien, as discussed during a previous conversation with Billy Carson. The speaker also mentioned plans for a podcast and encouraged listeners to tune in on Thursday morning. Overall, the conversation touched on various intriguing topics, including sports, politics, and unusual beliefs.

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    No Tax On Tips, Deep Fakes & LGBTQ Friendly Traffic Signs | PBD Podcast | Ep. 425

    No Tax On Tips, Deep Fakes & LGBTQ Friendly Traffic Signs | PBD Podcast | Ep. 425

    Patrick Bet-David, Vincent Oshana, Tom Ellsworth, and Adam Sosnick cover Donald Trump's 'No Tax On Tips' campaign promise, the city of Los Angeles removing traffic signs that 'target' the gay community, Marc Cuban and Bill Ackman fighting on social media, and Sandy Hook families suing Alex Jones' for his social media accounts!


    THE VAULT 2024:


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    VT.COM:

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    ABOUT US:

    • Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
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    PBD Podcast
    en-usJune 18, 2024

    Kevin Spacey EXPOSED, Elon Musk vs Apple, Hunter Biden A Convicted Felon | PBD Podcast | Ep. 424

    Kevin Spacey EXPOSED, Elon Musk vs Apple, Hunter Biden A Convicted Felon | PBD Podcast | Ep. 424

    Patrick Bet-David, Vincent Oshana, Tom Ellsworth and Adam Sosnick cover Kevin Spacey's revealing interview with Piers Morgan, Elon Musk taking on Apple's new AI, Hunter Biden being a convicted felon, and Joe Biden's weird interview that's causing the internet to speculate he's wearing a mask!


    VT FATHER'S DAY PACKAGE:

    • VT Father's Day Collection: Purchase a Valuetainment wallet and get a FREE Future Looks Bright hat: https://bit.ly/3RpZQCI

    THE VAULT 2024:


    ANGRY PATRIOT SHIRT:

    • Purchase the new "Angry Patriot" t-shirt for $34.99 at VTMerch.com: https://bit.ly/4c3WsW2


    MINNECT:

    • Connect one-on-one with the right expert for you on Minnect: https://bit.ly/3MC9IXE
    • Connect with Patrick Bet-David on Minnect: https://bit.ly/3OoiGIC
    • Connect with Tom Ellsworth on Minnect: https://bit.ly/3UgJjmR
    • Connect with Vincent Oshana on Minnect: https://bit.ly/47TFCXq
    • Connect with Adam Sosnick on Minnect: https://bit.ly/42mnnc4
    • Connect with Rob Garguilo on Minnect: https://bit.ly/426IG0R


    CHOOSE YOUR ENEMIES WISELY:

    • Purchase PBD's Book "Choose Your Enemies Wisely": https://bit.ly/41bTtGD


    BET-DAVID CONSULTING:

    • Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz


    VT.COM:

    • Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz


    VALUETAINMENT UNIVERSITY:

    • Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0


    TEXT US:

    • Text “PODCAST” to 310-340-1132 to get the latest updates in real-time!


    YOUR NEXT 5 MOVES:

    • Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m


    ABOUT US:

    • Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
    --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support
    PBD Podcast
    en-usJune 13, 2024

    Tom Fitton: Biden’s Crimes, Trump Verdict, & Disgraced Former Protectees Act | PBD Podcast | Ep. 422

    Tom Fitton: Biden’s Crimes, Trump Verdict, & Disgraced Former Protectees Act | PBD Podcast | Ep. 422

    Tom Fitton is the President of Judicial Watch, a public interest group dedicated to investigating and prosecuting government corruption. Fitton's commitment to transparency and accountability in government has made him a respected figure in the conservative movement. Fitton and Judicial Watch have been involved in high-profile cases including a FOIA request for Clinton tapes, advising Trump on retaining presidential records, seeking the release of the Tennessee Covenant school killer manifesto, and a lawsuit over an FBI memo on the protection of legacy tokens. —— Purchase tickets to The Vault Conference 2024 featuring Patrick Bet-David & Dwayne "The Rock" Johnson: https://bit.ly/3X1JBzm Purchase the new "Angry Patriot" t-shirt for $34.99 at VTMerch.com: https://bit.ly/4c3WsW2 Connect one-on-one with the right expert for you on Minnect: https://bit.ly/3MC9IXE Connect with Patrick Bet-David on Minnect: https://bit.ly/3OoiGIC Connect with Tom Ellsworth on Minnect: https://bit.ly/3UgJjmR Connect with Vincent Oshana on Minnect: https://bit.ly/47TFCXq Connect with Adam Sosnick on Minnect: https://bit.ly/42mnnc4 Connect with Ricardo Aguilar on Minnect: https://bit.ly/4c7rxrY Connect with Rob Garguilo on Minnect: https://bit.ly/426IG0R Purchase Patrick's new book "Choose Your Enemies Wisely": https://bit.ly/41bTtGD Register to win a Valuetainment Boss Set (valued at over $350): https://bit.ly/41PrSLW Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0 Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! Get PBD's Intro Song "Sweet Victory" by R-Mean: https://bit.ly/3T6HPdY SUBSCRIBE TO: @VALUETAINMENT @vtsoscast @ValuetainmentComedy @bizdocpodcast @theunusualsuspectspodcast Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

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    PBD Podcast
    en-usJune 07, 2024