Chapter 1: What is discussed at the start of this section?
Did you ever think you would make it? I feel I'm supposed to take sweet victory. I know this life meant for me. Adam, what's your point?
The future looks bright. A handshake is better than anything I ever signed. Right here.
You are a one-on-one?
My son's right there.
I don't think I've ever said this before. You know how sometimes you go to sleep and you wake up in the morning, you're like, man, there's not really any major stories. What are we going to talk about today on the podcast? Well, last night wasn't the case because the addendum alone is bigger than the stories that we have here. It's stacked. Lots happen. Two-week ceasefire.
CNN says they agreed to the 10-point. No, we didn't. Trump's talking about suing them. That was a mess. A lot of criticism on the way the president came out and said it's going to be the end of this civilization. We have to react to that. I saw a guy from MSNBC say, never in the history of America Has a president ever threatened the end of a civilization? Hitler never said this.
Mussolini never said this. All these other presidents never said this. Obviously, Twitter wasn't around. Imagine if Twitter wasn't around, what Hitler and Mussolini and Stalin and some of these guys would be tweeting. It would be a very different world. We want to know it. We just have to use our imagination. So we have to react to that. Was it irresponsible? Was it too much?
Was it disrespectful? Do you talk to people like that? Is that the way to talk to people? Where is the madness behind that, right? And who won with this negotiation? Did America win in this negotiation? A lot of people are saying Iran wins.
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Chapter 2: What are the implications of the U.S.–Iran ceasefire?
Now they get to, if they qualify the $2 million, That could add a, you know, anywhere between $50 to $100 billion of additional revenue a year to Iran so that Iran come out the winner. Is Israel going to sit on the sidelines and not do anything about it? They said the ceasefire has nothing to do with Lebanon. I think Netanyahu said it then on the outside. I think it's Oman that's coming in.
and talking about, hey, we'd like to help you with XYZ. A toll booth. The toll booth, and they're being opportunistic about it. But there's a lot of things to talk about. We'll address that here today. Jamie Dimon came out and made some thoughts about New York City and Mamdani, and Mamdani came out and said the problem with New York City is
racism and, you know, jobs are not being given to colored people. It's more towards, you know, whites and all of that, which I'll let him say it because he knows better on how to tweet racist messages than I do, so I'll let him explain himself properly. And then oil prices, we have the numbers this morning. Oil prices went from, what was the high, 115, 116 to 94 today.
Rob, if you want to pull it up to see exactly where it's at, it's an 18 or 20% drop-off. Tom gave me the numbers. Tom, give me a chart. There's no way that's the number. No, no, that's not the number, Rob. No, no, no, no, no. No, that's not. That's futures, Rob. No, that's not the number. Go to actual oil price. You have WTC. It's WTI. World Trade Center oil price. Negative.
Listen, for anybody that criticizes Rob, Rob's Farsi has gotten better. His Assyrian has gotten better. His ability to type out Middle Eastern names is the best it's ever been. I'm so proud of Rob. So, Rob, don't let anybody take shots at you. You're doing great. Rob can spell Middle Eastern names better than a name like Mark Johnson. That's what's happened to him. He's still good right now.
Mark, if you're listening, we miss you.
I got a chart right here, this chart right here, which is a very interesting chart Rob just gave me.
It is 70.
There's no way it's 70.
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Chapter 3: How does Trump's military budget proposal affect global politics?
And by the way, the reason why that is is the second chart. As electricity prices keep rising, They increasingly blame AI. This is a very important topic because this kind of goes with the story that Mark Cuban talks about. Mark Cuban put a story out there about CEOs and AI, and do they really know what's going on with AI? We'll address that story as well. Lowe's, I really like what Lowe's did.
They made this announcement. $250 million they're investing into plumbers, electricians. What a great story on what these guys are doing. Their CEO is a stud, by the way. Their CEO is an absolute stud of a guy for doing stuff like this. This is great when you hear stories like that. And then we got a few other ones.
More Americans are saying they're not going to be paying taxes this year, which, by the way, that's not us. I'm just telling you that's a story that's coming out that people are saying, why the hell am I paying taxes? Market watch. Americans are increasingly saying they won't pay their taxes this year as a political protest. Here's what could happen to them, okay?
That's market while trying to say, pay it, or you may go to jail. I got guys on Manek that Manek me telling me, have me on the podcast. Have me on the podcast. I'm going to show your people why they shouldn't be paying their taxes. And I'm like, well, listen, you know, all the best to you. Maybe we'll follow up in the future, see where this goes.
Because there's a market that people believe you shouldn't pay taxes. And then we got a few other things that we'll get into. One story that came out we have to address. is no mediocre worker is safe. The bar for keeping your job just went up. And this is a story that came out from Business Insider, and I like that story, and we're going to get into that story.
And Rob, if you can pull up this last story that I'm getting into, is there's a major feud going on with conservatives at the White House getting government employees to go from working four days to five days. Because right now the whole work from home is still happening with thousands of government employees. And it's not even in here, Rob. I just read it on my own.
I just want you to look for it, and we'll get to it probably at the end if we get some time to do that. So with that being said, these are the stories that we got for us to get into. I'll be making some big announcements on Friday, so hang tight on what will happen on Friday. Major news that's coming here soon with... with Manect, with a lot of different things, as well as with Merch.
Just stay tuned. We'll be making an announcement to you guys come this Friday. Having said that, I think the first story, Rob, to get into is the ceasefire. So last night, two days ago, matter of fact, let's go with the two-day sequencing. First, the president tweets on Easter the following thing. Rob, go to the Easter one because the Easter one is what pissed off a lot of different people.
So this is Easter's tweet. that the president puts up. He gets out there and says, Tuesday will be power plan day, bridge day, all wrapped up in one. In Iran, there will be nothing like it. Open the effing straight, you crazy bastards, or you'll be living in hell. Just watch. Praise to Allah. At least he's giving credit to their, you know, praise be to Allah. Donald J. Trump.
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Chapter 4: What are the consequences of rising tax boycotts in America?
I hope everything he does is the best thing for the country. I support him this whole time and everything. But I think he stumbled upon the fact here that we've put ourselves in the terrible position of not being equipped to deal with a situation like this. Ukraine went through, I believe, 10 years of weapons that were built in the first five weeks of the Ukraine war.
So we've been seeing it in the headlines for the last four years. There's huge shortages of... these defense missiles we've been using. And I don't think we have the capacity to keep this up for much longer. You know, the oil is the one thing, but yeah, sure, we're the best military in the world.
We have the most advanced technology, but we've had our manufacturing hollowed out over the last several decades. So that's the most unsettling thing to me. I think that's what we need to be putting our effort in behind the scenes is to ramp that back up because we're not in a position to carry this out if we wanted to.
Yes, I agree that the Kaiser Soze thing, I don't think Trump's crazy or unhinged Iraq. I think he was acting that way to try to scare them into something that was palatable. But I don't think this is an optimal outcome at all. I think we're in a worse situation than we were before he started this thing.
Because now Iran has realized, okay, we could flip this switch of shutting down the straightforward moves, which they didn't even blockade it. They just have the mere threat of a drone hitting a ship that's going through. So it's not like they're moving ships out of the way when you say they're clearing the strait. They're just promising not to drone strike any boats that go through.
So I don't even know if Boats are gonna have the courage to go through it even though they're saying yeah, there's a ceasefire Yeah, we're not gonna do anything to you.
So who wins from this because for me, you know Trump's negotiation when people like I can't believe he said this I can't listen stop being surprised with what he says. I mean he made that You should have already been baptized to that in 2015 when he started campaigning on the stuff. They're rapists.
They're sending their worst They're this he's been doing a shock job, you know to get people to react to it for a long time so I do think you have to act crazier. I do think you have to act like you have nothing to lose. I do think you have to kind of come from that strength position, especially when you're dealing with people from Iran. That part I agree with.
But who – I just sent a poll to Rob, and I want to see what our audience is going to say because our audience is fairly reasonable. Who do you think won in this ceasefire, Iran, U.S., or too early to tell?
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Chapter 5: What are the implications of the U.S. military budget increase?
The Army gets an increase in the armored multipurpose vehicle, or AMPV, made by Britain's BAE. And, you know, last but not least, both of those stocks, L3 Harris Technologies and RTX have gained more than 65% over the last 12 months, leaving them trading for about 26 estimated 2026 earnings. Tom, your thoughts on this.
So there's two things going on in here. One is forward and the other is replenish. On the forward side, they're taking the things that have worked. The F-35 is working. We've just seen it work. And so they're like, we need more of what works. And some of those F-35s are going to find their way to Saudis. Some of them are going to find their way to Israel.
There's a variety of places where we are going to have those and use them. And that's almost doubling the 47s. From the previous.
Chapter 6: How is the military adapting to modern warfare strategies?
Then there's replenish. We have been, every year, the defense budget, you know, you buy bombs, you buy missiles, you don't use them. You buy surface-to-air, SAM, surface-to-air missiles. You buy air-to-air combat, you know, all of the... the things that are out there. And now guess what? We've been using them up.
So there is a big, big, we got to, you know, we just had everybody over to grandma's house. We stayed there a week and we had Thanksgiving. And as we leave, we need to make a Costco trip because we got to refill grandma's pantry. Because we've eaten everything in our pantry. So we've got to replenish all the bombs and stock and missiles and things that we've used up, number one.
Number two, we're buying a bunch of stuff that works. And number three, we're discovering just how valuable space force is. And so we are radically increasing what's been spent on that. And lastly... War is really good for business if you're a defense contractor. The sad thing about war is the soulless, faceless defense contractors see it as a testbed, and they see it—they want war.
They want border skirmishes. They want aircraft engagement with North Korea and China to just kind of test each other a little bit up there in the skies over the— Sea of Japan. They want that. And this gives them an ability to test things. And so this is the price tag. This is the price tag of forward armament.
Chapter 7: What role does AI play in shaping public sentiment and job security?
This is a price tag of adding space force. This is also the price tag of refilling the pantry because we just used up all of all of, you know, all of our bombs.
Colin.
Yeah, I mean. It seems like a big number. I mean, in totality.
Do you support it? Do you think this is a good thing we're doing to get tighter and get more fighters? I don't know.
I mean, I'm not privy to, you know, the crazy thing to me, these numbers are so big. I mean, where does $1.5 trillion even go? I do. I like a lot of the aspects. I mean, here's one thing. In terms of long-term innovation, the U.S. military has actually had an incredible multiplier effect on the U.S. economy in the long run.
So out of all of the places where we spend a lot of money, the military is one of these things where, you know, whether it's the Internet or, you know, things like just the knock-on effect of all of the different technologies that go into a lot of this. I mean, you look at people like Palmer Luckey and people who are, you know, incredible innovators.
I mean, going to the whole Space Force thing, you know, people mocked that a few years ago, but now, you know, controlling space and, you know, who's got the most satellites, who's got the ability to see the rest of the world, that all of a sudden looks like the arguably the most important strategic, you know, economic and military viewpoint of anything. So I don't know.
There's definitely, there's a lot to like in here. I think the problem with these humongous numbers is you go back to things like, you know, these audits of like the Pentagon where they're like, you know, whoopsies, we lost a few hundred billion dollars and we just don't know where it went. And it's like, how the hell does that happen?
Brandon.
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Chapter 8: How is Lowe's investing in the future of skilled trades?
I think a lot of people, day-to-day regular people, would side with you. And they would say, that makes sense. Why are we doing it, right? But I think the better question to ask, Brandon, to be honest with you, is the following. I was in the military, and I would order parts for Humvees. And I would go to my Sergeant Braxton. If he's around, I haven't spoken to the guy for 20-some years.
I love Sergeant Braxton. I would say, Sergeant Braxton, why is this lug nut, why is this ball joint, whatever, for the Hummer, $2,800. This is really a $400 product. Well, it's the government. We always overpay. That doesn't make any sense to me. So this is why I was excited about Doge. Because we were going to get to the bottom of this.
If you're running a business, you hire a new CEO, first thing they're going to look at and say, let me renegotiate all the contracts. Why are we spending so much money with this? I'll never forget one of the things we did is we had a guy that would keep buying memberships. Because he controlled the company credit card. You would remember this guy. He bought 900.
We're like, how many reoccurring things are we paying for? 900 things. I said, what? Yeah. So this guy comes in and audits. It's like, we don't need to pay 900 different things of memberships that we have. So one by one by one, we don't need this. We don't need this. We need this. We need that. Okay. I think the bigger question here to ask is, You have two case studies.
You have Russia and Ukraine, U.S., Israel, and Iran. And we both, all of us around the world saw what became a very powerful tool? Drones. So I want to know what we're doing to change the strategy of the future wars Whether it's going to be, if we go back and keep buying weapons the way we bought for decades, okay, fine. How much of it is going into the new warfare?
How much of it is the defense against cyber warfare? Because people right now, you know, when you're healthy, guess what you don't think about? Your health. When you're healthy, how do you eat when you're healthy? Bad. Whatever you want to eat, and then all of a sudden you have a heart attack.
Mm-hmm.
And then all of a sudden, you have cancer. All of a sudden, you go to the doctor, and you're like, whoa. I remember one time I went to the doctor. The doctor's like, you may have, because I couldn't speak for six months. I literally lost my voice. Tom will remember this. This was how long ago? 15 years ago, 10 years ago, something like that, 13 years ago.
And I go to the same doctor that was Whitney Houston's doctor for your throat. And they went in, they said, there's something there. And it could be cancers. And I was going to a trip to Hawaii. Monday, they said, we do the surgery. They came and cut it. When they cut it, it was Thanksgiving. I couldn't speak to anybody on Thanksgiving. If you're at Thanksgiving at my house, I'm texting you.
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