PBD Podcast
Trump & Bukele BLAST CNN's Kaitlan Collins w/ Eric Bolling & Chris Cuomo | PBD Podcast | Ep. 577
Tue, 15 Apr 2025
Patrick Bet-David, Tom Ellsworth, and Vincent Oshana are joined by Eric Bolling and Chris Cuomo as they dive into Donald Trump’s meeting with El Salvador’s President Nayib Bukele, behind-the-scenes details of U.S.-Iran nuclear negotiations, Kristi Noem's push for Real ID compliance, and Bill Maher’s surprising revelations about his private conversation with Trump. ------🎙️ PBD LIVE - THURSDAY, APRIL 17th @ THE BOARDROOM CIGAR LOUNGE: https://bit.ly/3XWDYSD👕 GET THE LATEST VT MERCH: https://bit.ly/3BZbD6l📕 PBD'S BOOK "THE ACADEMY": https://bit.ly/41rtEV4📰 VTNEWS.AI: https://bit.ly/3OExClZ🎙️ FOLLOW THE PODCAST ON SPOTIFY: https://bit.ly/4g57zR2🎙️ FOLLOW THE PODCAST ON ITUNES: https://bit.ly/4g1bXAh🎙️ FOLLOW THE PODCAST ON ALL PLATFORMS: https://bit.ly/4eXQl6A📱 CONNECT ON MINNECT: https://bit.ly/4ikyEkC👔 BET-DAVID CONSULTING: https://bit.ly/3ZjWhB7🎓 VALUETAINMENT UNIVERSITY: https://bit.ly/3BfA5Qw📺 JOIN THE CHANNEL: https://bit.ly/4g5C6Or💬 TEXT US: Text “PODCAST” to 310-340-1132 to get the latest updates in real-time!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.
Chapter 1: Who are the main hosts and guests featured in this episode?
Okay, so, Rob, what are we? Episode 577. We have Eric Bolling and we have Chris Cuomo in the house today. How are you guys doing?
Good. Doing great. Thanks for having me.
Rebirth and renewal. Rebirth and renewal, that's right. Easter's coming. Did you get in the back or no? Yes, a couple days away. When's the last time you guys did something together? Has it been a minute?
Long time, but a big fan. Really?
Yeah, good to see him. But you've done things together in the past?
No, we were on competing places, different places, but I always watched what he was doing, trying to figure out why he was beating me.
Well, I was at Fox. All things being equal, I mean, you were like the most rational lefty at the time, kind of centrist now, but... We came a long way. I guess that's a compliment. Most rational lefty. I take what I can get when I come here. I mean, there's not a lot of common sense on the left and you had some, which is ahead of the game.
You know what, Rob? I say we make a shirt. Say, I'm an ex-rational lefty and we send a shirt to Chris. I'm sure Chris will wear it.
I think the shirt should say left and right. You cross it out and it says reasonable.
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Chapter 2: What is Eric Bolling's background and views on tariffs?
You want to play the tariff game, play it where the purpose is to lower tariffs completely, both directions. And I think they lost that script for a while. They're trying to get it back now. And then this whole idea of choosing certain industries to exempt from tariffs, not necessarily countries, but industries, chips, cell phones, computers, it just, I just don't like
I'm a free market person, Patrick. The free market is what made this country number one, the greatest country on the planet, bar none. Because we have the most free business environment markets and the tariff disrupts that whole apple. Tom, your thoughts on this?
Well, Trump said, I want to leverage things to get the world to come to the table. And so, okay, we're using tariffs. And I'm on board with that. Die 32? Ja. You got two things here. One of them is tariffs. And, you know, you're not really bad on tariffs, Eric. But you know what? I know you're cheating. And I know you got intellectual property things going on.
And I know you've got some relabeling on country of origin. And that's annoying. So let's fix that. So maybe the tariff gets them to the table. Maybe leverage gets them to the table. So you can talk about all these other things. You know, the biggest one to deal with is China. Das ist der größte, den man mitzunehmen muss.
Ich möchte mich nicht überraschen, aber sie haben keinen Tarif und keine Schwierigkeit, in den Markt zu kommen. Sie haben keinen Tarif und keine Schwierigkeit, in den Markt zu kommen.
Sie haben keinen Tarif und keine Schwierigkeit, in den Markt zu kommen.
Sie haben keine Schwierigkeit, in den Markt zu kommen. will raise to you, oh, and they said we're going to be lenient and only do half. But the number they are using is the tariff that we're being charged and nothing to do with the tariff. And again, I'm putting this on Howard Lutnick, because this is Howard Lutnicks baby here and I've known that guy for 30 years.
I wouldn't trust him to park my car over there. Only the best. Tell me why. You want me to tell you why? Trump brings in only the best. Only the best. Er war nicht am World Trade Center, als er in die Schule ging. Sein Bruder ist gestorben, 115 seiner Mitarbeiter sind gestorben. Die Familien seiner Mitarbeiter hatten kein Geld. Sie hatten kein Gesundheitsschutz.
Sie mussten Howard Lutnick aussuchen, um Gesundheitsschutz zu bekommen. Correct me if I'm wrong, I mean, this is out there. But it's 25 years ago and people are like, oh, Howard Lutnick. They don't remember. Since then, my first experience with Howard Lutnick, because I was trading oil on the New York Mercantile Exchange, I was on the board.
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Chapter 3: How do the guests analyze Trump's tariff policy and its economic impact?
I think that's all good and I think it's wrong to criticize it just because Trump is doing it. That's why I talk about the president and the administration a lot. I try to keep Trump's name out of it so people on the left can keep their heads straight about the idea. So I respect the ambition. You know the expression, we all know it. Failing to plan is planning to fail.
And what they're doing here is a ready, shoot, aim. Das ist der Grund, warum er immer wieder zurückgeht. Ich habe ein bisschen eine Verzweiflung darüber, warum er Cook hilft. Cook hat ihm viel Geld gegeben. Warum er die Autos, die er hilft, hilft, haben sie ihm viel Geld gegeben. Ich denke nicht, dass er Favoriten spielen sollte. Wie er das tun möchte, ist Eric recht zu fragen.
Und du hörst es, es ist kein ungewöhnlicher Kritik. But the ambition is a good one. I'm fine with what he wants to do. The question is, is this the way to get it done? It's very hard to find anybody who doesn't work for him who says yes.
Can we have a friendly banter here on this topic? Let's just kind of go through some of the ideas here. So what is the alternative? If they don't do it this way, and we just sit there and you're like, look, just use the oil reserves, we have plenty of oil, we're going to be okay, use that as the method of getting back, and China needs our oil, don't take this approach, fair.
If we go with that approach, you're assuming a similar type of a leader is going to get elected after him. What if he's not? What if it's going to be a different kind of a president that takes a different approach that doesn't believe in drill, baby, drill? So, okay, let's go with tariffs. If we keep it the way it is...
Von 1971, als wir es geöffnet haben, und sie mit dem Wettbewerb angefangen haben, bis 2001, als die Weltkriegsorganisation mitgekommen ist, und sie mit dem Wettbewerb angefangen haben, wie viel hat China gewachsen? Was ist mit uns passiert? Wie viele Jobs haben wir verloren? Es klingt fast so, Eric, dass was du sagst, ähnlich ist, was Jelena sagt.
Jelen said, bringing manufacturing back is a pipe dream. I don't understand the rationale for tariffs. You sound like Janet, if that's your position. And you can disagree with it, Rob, if you want to play this clip. This is Janet Yellen, former Treasury Secretary. Go ahead, Rob.
Perhaps it's to bring back American manufacturing, but I really think that's a pipe dream and not something that is likely to be accomplished. And we could even raise questions about whether or not in a broad-based way that's a desirable goal.
Okay, so this is traditional way of thinking establishment saying this is a pipe dream. What are your thoughts on that?
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Chapter 4: What are the alternative strategies to tariffs for dealing with China?
Collective bargaining matters. You go back to the Gilded Age and you see how workers were doing and what the die rate was and child labor. Unions have a place.
The president says that's what we should go back to. Nein, es ist eine neue Goldene Ära. Es ist nicht die Gilded Age.
Die Goldene Ära war nach der 2. Weltkrieg. Die Gilded Age, die Fake Gold, richtig? Das ist die, zu der er bezieht. Schau, kollektive Bargainung, glaube ich, ist eine Virtue. Kann es zu weit gehen? Muss man es der richtigen Weise regulieren? Natürlich. Aber was ich sage, ist, ich kümmere mich nicht um den Mechanismus, ich spreche über das Gold.
You don't have enough smart people with the right kinds of educations in this country. That's all I'm saying. You don't even have enough trade workers in this country.
We agree.
100%.
I don't necessarily disagree. I'm open to it. I think the best idea should win. I don't know what they are. I ask questions for a reason. You know what I mean? Chances of recession.
A recession by definition, two quarters, I'm only at like 10, 20 percent. But you have to remember what a recession is. A recession is the consumer... Spending drops. GDP drops two quarters. Because people aren't spending. Why are they spending? Because their sentiment went down. Why is their sentiment down now? Because everybody is telling them it's bad. Why is everybody telling them it's bad?
Because they don't give enough time for these tactics to come to fruition, to get to the other side of what we're going to do. A recession doesn't mean that the auto industry has been nuked. It just means that all the spending was down for two quarters. Now, I think there's a 20% chance that that could happen. That's what I think. But I'll tell you, I'm with Eric on the taxing.
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Chapter 5: What are the perspectives on the risk of recession and economic outlook?
On CNN? Behind Anderson. And sometimes behind Jake, who's on at 4 o'clock in the afternoon. Look, they gotta figure out their numbers there. They're not unique in that position, but they definitely have problems in their primetime lineup. And... Das ist okay. Die Leute gehen hoch und runter. Sie müssen es herausfinden.
Ich denke, das größte Problem ist... Ist das wirklich die Anzahl der Zuschauer, die sie hat? Ja. 119.000, das ist es? Ja, das sage ich dir. Es gibt keine andere Welt, das ist es.
Das ist eine Demo. Ja, aber das ist die, die sie verkaufen. Und schau, ich würde gerne diese Anzahl haben. Was ist das, 18-54?
25-54.
Jetzt verkaufen sie mehr oft 35-54, weil die Marktplätze es akzeptieren müssen, dass es wirklich Leute sind, die unser Alter haben, die die größte Anzahl an Einkommen haben. 5-4-30, Bär-3-30.
Ich war der originelle Gangster auf der 5.
Ich war in der Zentralseite auf der 5 für sechs Jahre. Wir waren zu O'Reilly. Diese Zahlen... The whole cable news world is shrinking. These numbers are way down. Yeah, there's stratification.
And that's okay. Because at the end of the day, there's still going to be a flight to value and curated audiences. My concern about the culture is we're just addicted to the division. You know, like you and I will both hear things like, oh, you seem like, you know, you're like buddies. Like it was bad enough with Pat and his guys. Now Eric Bolling, we are a culture of division.
People don't want to reward cooperation, friendship, amity, disagreement without being disagreeable. They like the sides. They like the sides. Bring something out. Go ahead.
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