Latest / The Ben Ferguson Podcast / Investors Say "We Cannot Take Risk in New York City After Attack on Donald Trump"

Transcript

Investors Say "We Cannot Take Risk in New York City After Attack on Donald Trump" · The Ben Ferguson Podcast

• 0:01
  Speaker 1: Investors are saying, we can't take the financial risk anymore. Yes,
• 0:07
  Speaker 1: we cannot take the financial risk anymore in New York City,
• 0:13
  Speaker 1: in New York State because of the attack on Donald Trump.
• 0:17
  Speaker 1: That was clearly an abuse of power by an activist
• 0:22
  Speaker 1: judge that was wanting to go after Donald Trump and
• 0:25
  Speaker 1: an activist da who said she was going to bury
• 0:28
  Speaker 1: Trump when she was trying to get elected if she
• 0:31
  Speaker 1: was elected. I want you to hear what real estate
• 0:34
  Speaker 1: investors say after the Trump ruling, and also what Donald
• 0:38
  Speaker 1: Trump had to say at his town hall the other
• 0:40
  Speaker 1: night with Laura Ingram.
• 0:41
  Speaker 2: Listen the Ingram Engles town hall last night in South Carolina.
• 0:45
  Speaker 3: We went through a trial.
• 0:47
  Speaker 4: It turned out with totally innocent on everything, and he
• 0:50
  Speaker 4: fined me three hundred and fifty five million dollars plus
• 0:52
  Speaker 4: interest in other things. My financial statements were conservative, everybody
• 0:56
  Speaker 4: made money.
• 0:57
  Speaker 3: There was no victim.
• 0:58
  Speaker 4: This guy ruled that I was guilty before the trial started.
• 1:03
  Speaker 2: Well, now, some real estate investors are worried about working
• 1:07
  Speaker 2: in New York City and owning property there. Private equity
• 1:10
  Speaker 2: fund manager and real estate investor Grant Cardone told his
• 1:13
  Speaker 2: employees quote immediately discontinue all underwriting on New York City
• 1:19
  Speaker 2: real estate. The risk outweighs the opportunities at this time,
• 1:23
  Speaker 2: focus on Texas and Florida and Grant Flora's right now
• 1:27
  Speaker 2: from down in Florida. Hey, Grant, how are you?
• 1:30
  Speaker 5: Hey? Thank you, Steve, I'm good this morning.
• 1:32
  Speaker 3: Okay, listen.
• 1:33
  Speaker 2: I think that's kind of a no brainer. I mean,
• 1:35
  Speaker 2: I'm sitting in New York City. If I had my druthers,
• 1:38
  Speaker 2: I would think that Florida or Texas would be a
• 1:42
  Speaker 2: better bet, just given the fact there's so much crime
• 1:44
  Speaker 2: and the fact that, as we've been detailing, you know,
• 1:48
  Speaker 2: the migran crisis is zapping all of our resources here.
• 1:51
  Speaker 2: This is not a good real estate market right now, right.
• 1:54
  Speaker 3: It was an opportunity.
• 1:56
  Speaker 5: We thought this year was the opportunity to come into Chicago,
• 1:59
  Speaker 5: California and New York City. I've been waiting for forty
• 2:03
  Speaker 5: years now to invest in that marketplace. I was completely confidence, Steve,
• 2:07
  Speaker 5: this was the year to come. And when that ruling happened,
• 2:11
  Speaker 5: it was like pencils down, don't touch it, don't go there.
• 2:14
  Speaker 5: We invest for fourteen thousand investors at card Own Capital
• 2:17
  Speaker 5: that depend on cash flow, and if I can't predict
• 2:20
  Speaker 5: the cash flow because it's some ruling, or because of
• 2:24
  Speaker 5: the migrants, or because I can evict people. New York
• 2:26
  Speaker 5: City just keeps doing every single thing they can to
• 2:30
  Speaker 5: sell real estate in Florida and not sell real estate
• 2:34
  Speaker 5: in New York.
• 2:34
  Speaker 6: Great.
• 2:35
  Speaker 2: Well, and just look at the Grand card Oonne story.
• 2:38
  Speaker 2: You left the great state of California what over ten
• 2:42
  Speaker 2: years ago and moved to Florida. Because that makes sense. Now, Grant,
• 2:46
  Speaker 2: what is it about this particular judge's ruling that has
• 2:49
  Speaker 2: you worried as a real estate investor going forward the
• 2:53
  Speaker 2: peril you could wind up in.
• 2:56
  Speaker 5: Yeah, So on every loan application or every transaction, I'm
• 3:00
  Speaker 5: going to go to a bank and say, hey, if
• 3:02
  Speaker 5: I want to put a loan on this, what are
• 3:05
  Speaker 5: the loan proceeds going to be? Those loan proceeds are
• 3:07
  Speaker 5: based on the value of the property. They're going to
• 3:09
  Speaker 5: require me to actually underwrite my property on the cash flow,
• 3:14
  Speaker 5: the income of the property, and what valuation I believe
• 3:17
  Speaker 5: that property's worth.
• 3:19
  Speaker 3: The broken wall.
• 3:19
  Speaker 5: Also put evaluation on it, probably a third party, one
• 3:23
  Speaker 5: of my third parties, to check my own underwriting for
• 3:26
  Speaker 5: me internally, for my investors, and then the bank is
• 3:30
  Speaker 5: also Steve going to use it at least one other appraisal,
• 3:34
  Speaker 5: maybe two, or independent of me. They're going to go
• 3:37
  Speaker 5: out and hire those people and pay those people. They'll
• 3:39
  Speaker 5: charge me back for it later, So there could be
• 3:41
  Speaker 5: as many as five appraisals on that the value that
• 3:44
  Speaker 5: I'm going to put on the property. Keep in mind,
• 3:46
  Speaker 5: when I'm buying something, I'm not thinking about selling it
• 3:49
  Speaker 5: the next day. In the case of Trump, he's not
• 3:52
  Speaker 5: selling any of this stuff. In the case of card
• 3:54
  Speaker 5: On Capital, we are long term holders ten, fifteen and
• 3:57
  Speaker 5: twenty years. We want the property for the cash flow.
• 4:00
  Speaker 5: So I'm going to put a value on it in
• 4:02
  Speaker 5: the future. And look, I remember doing a deal once
• 4:05
  Speaker 5: where I put a value on my property that I
• 4:07
  Speaker 5: was getting rid of.
• 4:08
  Speaker 3: I inflated the value.
• 4:11
  Speaker 5: A guy at the bank at Merrill Lynch heard about
• 4:13
  Speaker 5: it and bought it for the price I had stated
• 4:15
  Speaker 5: to the bank. So every seller is always going to
• 4:19
  Speaker 5: push the price value up based on the future, not
• 4:22
  Speaker 5: based on fraud.
• 4:23
  Speaker 2: So you're just worried that you might if you were
• 4:27
  Speaker 2: big in New York real ess state, this could come
• 4:30
  Speaker 2: back to haunt somebody like you.
• 4:33
  Speaker 5: Until this thing is overruled, and I believe it will
• 4:37
  Speaker 5: be nobody, nobody in commercial real estate investing. Big money
• 4:41
  Speaker 5: we were going to take. We were going to put
• 4:42
  Speaker 5: a billion dollars in New York City this year. We
• 4:45
  Speaker 5: were going to put a billion dollars in Chicago and
• 4:47
  Speaker 5: maybe another billion in Los Angeles, and we won't touch
• 4:49
  Speaker 5: any of them now, all right, Texas, Texas, Florida, Arizona,
• 4:54
  Speaker 5: go hard, go big, and go along.
• 4:56
  Speaker 2: All right, ladies and gentlemen, you heard it here first
• 4:59
  Speaker 2: from grank Card Texas.
• 5:02
  Speaker 1: Did you hear that Florida? I mean he says go
• 5:06
  Speaker 1: long and go hard. By the way, I don't think
• 5:10
  Speaker 1: he's crazy in what he's saying here. I think this
• 5:14
  Speaker 1: is exactly what you would expect from any investor. There's
• 5:19
  Speaker 1: gonna be people saying, oh, he's this is just some
• 5:21
  Speaker 1: pro Trump guy mauthn Off. No, I think this is
• 5:27
  Speaker 1: actually a smart investor who is a fiduciary for his investors.
• 5:35
  Speaker 1: With billions of dollars at play, why take the risk?
• 5:40
  Speaker 1: I want to also let you hear what O'Leary had
• 5:42
  Speaker 1: to say, Shark tank guy. This is shark tank guy
• 5:46
  Speaker 1: that understands investing. He's very smart. He's not political on Fox.
• 5:52
  Speaker 6: Having a back with us A Leary Ventures chairman, Shark
• 5:55
  Speaker 6: Tank investor. You know, Kevin, you had mentioned and it
• 5:57
  Speaker 6: was a very profound kind of comment that you know,
• 6:01
  Speaker 6: some of these other businesses do it right to be
• 6:03
  Speaker 6: concerned whether they like Donald Trump or not. Maybe you
• 6:05
  Speaker 6: can elaborate on that.
• 6:08
  Speaker 7: Well, this award, I mean just leaving the whole Trump
• 6:13
  Speaker 7: thing out of it and seeing what occurred here. And
• 6:15
  Speaker 7: I'm no different than any other investor.
• 6:17
  Speaker 3: I'm shocked at this.
• 6:19
  Speaker 7: I can't even understand or fathom the decision at all.
• 6:24
  Speaker 7: There's no rationale for it. And so let me give
• 6:27
  Speaker 7: you a real time experience I'm having regarding this. And
• 6:30
  Speaker 7: I'm not the only one. It doesn't matter what the
• 6:33
  Speaker 7: governor says. New York was already a loser state, like
• 6:39
  Speaker 7: California is a loser state.
• 6:40
  Speaker 3: There are many loser.
• 6:41
  Speaker 7: States because of policy, high taxes, uncompetitive regulation. It was
• 6:45
  Speaker 7: already on the top of the list of being a
• 6:47
  Speaker 7: loser state.
• 6:49
  Speaker 3: I would never invest.
• 6:50
  Speaker 7: In New York now, and I'm not the only person
• 6:52
  Speaker 7: saying that. And here's a real time situation in development
• 6:56
  Speaker 7: in real estate right now. The hottest asset class is
• 7:00
  Speaker 7: very high end data centers. They cost anywhere from two
• 7:03
  Speaker 7: and a half to three and a half billion each.
• 7:05
  Speaker 7: They're very expensive. They require low power. You need permits.
• 7:10
  Speaker 7: But most of the major institutions in the world need
• 7:13
  Speaker 7: more data centers. And that's why developers like me are
• 7:16
  Speaker 7: doing this. Now you need power. So New York has
• 7:20
  Speaker 7: Niagara Falls. Normally you'd consider that to put in one
• 7:24
  Speaker 7: of these facilities, create four hundred jobs, five more jobs
• 7:28
  Speaker 7: for each of one of those for auxiliary services. I
• 7:31
  Speaker 7: can't go to New York, so I'm going to Oklahoma, North.
• 7:36
  Speaker 3: Dakota, West Virginia.
• 7:38
  Speaker 7: Governor Stitt, Kevin Stitt, my staff have met with him,
• 7:41
  Speaker 7: Governor Bergen them same thing, Governor Justice. Those are winner states.
• 7:46
  Speaker 7: They don't do things like this. I have to syndicate
• 7:49
  Speaker 7: that debt and all at equity. We're talking billions of
• 7:51
  Speaker 7: dollars here. Do you think any foreign institution, or any
• 7:55
  Speaker 7: private equity firm, or.
• 7:57
  Speaker 3: Any pension fund would touch New York.
• 8:00
  Speaker 2: No.
• 8:01
  Speaker 7: And that's why New Yorker should be concerned that fine
• 8:04
  Speaker 7: people of New York should ask themselves, why are we
• 8:07
  Speaker 7: such a loser state?
• 8:09
  Speaker 3: How are we going to attract business?
• 8:10
  Speaker 7: It's not just the existing businesses that are fleeing out
• 8:13
  Speaker 7: to Texas and Florida.
• 8:15
  Speaker 3: What about new money like.
• 8:16
  Speaker 7: This I'm talking about like a four billion dollar data center.
• 8:20
  Speaker 3: Not a chance I would put that in New York,
• 8:22
  Speaker 3: zero probability.
• 8:24
  Speaker 7: Never And so they've got a lot of work to
• 8:26
  Speaker 7: do to find themselves getting out of this situation. This
• 8:28
  Speaker 7: is all occurred post pandemic. Winner states versus loser states.
• 8:33
  Speaker 7: Look at Tennessee right now, fastest growing city in America, Nashville,
• 8:36
  Speaker 7: winner state, good policy, competitive taxes. You've got to start
• 8:40
  Speaker 7: thinking about this in the context of winners and losers.
• 8:43
  Speaker 3: New York mega loser state.
• 8:47
  Speaker 6: So, Kevin, what did you think of Governor Hokel saying
• 8:50
  Speaker 6: this is like a unique one and done because Donald
• 8:53
  Speaker 6: Trump went too far and so nefarious. You guys, if
• 8:56
  Speaker 6: you're just doing what you should be doing, you.
• 8:58
  Speaker 3: Have nothing to worry about.
• 8:59
  Speaker 6: But they're very wreorried about it.
• 9:01
  Speaker 3: Yeah, we're very worried.
• 9:02
  Speaker 7: Every investor is worried because where is the victim who
• 9:06
  Speaker 7: lost money? This is some arbitrary decision. A judge made
• 9:11
  Speaker 7: this policy. And what this says, What does this say
• 9:13
  Speaker 7: about the bar? The legal bar in New York. Aren't
• 9:18
  Speaker 7: they going to question this judge? What is this three
• 9:21
  Speaker 7: hundred and fifty five million dollars and there's dollars as
• 9:24
  Speaker 7: a as a penalty, and there's plus interest at nine percent,
• 9:27
  Speaker 7: and there's no victim. I mean, I'm sorry her words
• 9:32
  Speaker 7: fall on deaf ears to everybody. There's nothing she can
• 9:35
  Speaker 7: say to justify this decision.
• 9:37
  Speaker 3: And this has.
• 9:38
  Speaker 7: Nothing to do with Trump, nothing to do with Trump.
• 9:40
  Speaker 7: Forget about Trump. This is not a Trump situation. This
• 9:43
  Speaker 7: is a New York problem. Now the whole world is
• 9:46
  Speaker 7: looking at this saying, what are you doing to yourselves?
• 9:50
  Speaker 6: Well, put Kevin always good tending with your Kevin O'Leary
• 9:53
  Speaker 6: following all of that.
• 9:55
  Speaker 1: I mean, you hear what he says there, and he
• 9:57
  Speaker 1: said after the Trump ruling, I would never invest in
• 10:00
  Speaker 1: mega loser New York. The number of jobs that this
• 10:04
  Speaker 1: is going to cost. And look, even if it is overturned,
• 10:07
  Speaker 1: the millions of dollars in legal bills to defend yourself
• 10:11
  Speaker 1: from this. And everybody's saying the same thing. They believe
• 10:15
  Speaker 1: this is going to be overturned, right like everybody's saying it,
• 10:18
  Speaker 1: it's going to be overturned. This is not some crazy, Like,
• 10:23
  Speaker 1: it's so crazy that it's obvious it's going to be overturned. Right,
• 10:28
  Speaker 1: it's so absurd, it's obvious it's going to be overturned.
• 10:33
  Speaker 1: It's clear. I go back to if you're a smaller investor.
• 10:40
  Speaker 1: I've invested in things before, and it was a lot
• 10:43
  Speaker 1: of money to me. It may not be a lot
• 10:45
  Speaker 1: to somebody that's a billionaire, but a lot of investments
• 10:49
  Speaker 1: are actually not funded by billionaires. They're funded by smaller
• 10:52
  Speaker 1: investors that do fifty grand twenty thousand, seventy hundred thousand,
• 10:56
  Speaker 1: two hundred thousand, and people that worked years to get
• 10:58
  Speaker 1: that might to then invest to the next thing. If
• 11:01
  Speaker 1: you know this can happen to what you're investing in,
• 11:03
  Speaker 1: why would you ever even think that I'm going to
• 11:05
  Speaker 1: take the chance. I mean, I've invested in several businesses.
• 11:09
  Speaker 1: Some have done incredibly well, some have been a disaster.
• 11:12
  Speaker 1: And when you work hard, you're trying to provide for
• 11:14
  Speaker 1: your family, and you know that now you have your
• 11:17
  Speaker 1: you're in a you're about to do business in a
• 11:19
  Speaker 1: place where a state could just take it all away
• 11:21
  Speaker 1: from you and could bankrupt the business just because they
• 11:24
  Speaker 1: don't like your politics, and just because they can. And
• 11:28
  Speaker 1: even if it is overturn, you still lost out on
• 11:31
  Speaker 1: how much money? Right? How much? How much? How much
• 11:35
  Speaker 1: money have you lost out from having to defend yourself
• 11:37
  Speaker 1: and not expanding your business. There's another example of this,
• 11:41
  Speaker 1: what's the point? Why why take the risk? That's the
• 11:46
  Speaker 1: big thing that everybody's asking themselves right now. Why take
• 11:50
  Speaker 1: the risk of New York? And it's not just one
• 11:52
  Speaker 1: person saying this that's why I played for you. It's
• 11:54
  Speaker 1: multiple people saying this now, saying there's no upside for
• 11:57
  Speaker 1: us to be in New York City. There's no upside
• 11:59
  Speaker 1: to being the same you. And it's bad enough the
• 12:01
  Speaker 1: governor had to make the comments basis saying, hey, no, no,
• 12:03
  Speaker 1: this is just Trump. It's not going to be you.
• 12:05
  Speaker 1: Don't worry. Well, if they'll do it to Trump, they'll
• 12:08
  Speaker 1: do it to you. And that's what Trump has been
• 12:10
  Speaker 1: saying all along. If they'll do it to me, they'll
• 12:12
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• 12:13
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• 12:16
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• 12:18
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• 12:22
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• 12:24
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• 12:27
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• 12:30
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  Speaker 1: All Right, I got a weird story for you this morning,
• 13:57
  Speaker 1: one that you're going to crack up laughing over. And
• 14:00
  Speaker 1: you can't make this one up. You ready for this?
• 14:04
  Speaker 1: A New Orleans, New Orleans, as DZ would put it,
• 14:09
  Speaker 1: magician says a Democratic operative paid him to make a
• 14:14
  Speaker 1: fake Biden robocall. That's right. A Democratic consultant who worked
• 14:20
  Speaker 1: for a rival presidential campaign apparently paid a New Orleans
• 14:25
  Speaker 1: magician to use artificial intelligence to impersonate President Joe Biden
• 14:32
  Speaker 1: for a robo call that's now at the center of
• 14:34
  Speaker 1: a multi state law enforcement investigation that, according to text messages,
• 14:39
  Speaker 1: call logs and VENMOE transactions, the creator now shared with
• 14:45
  Speaker 1: NBC News, Paul Carpenter says he was hired in January
• 14:50
  Speaker 1: by Steve Kramer, who has worked on ballot access for
• 14:54
  Speaker 1: Democratic presidential candidate Dean Phillips, to use AI software to
• 15:00
  Speaker 1: make the imitation of Biden's voice, urging New Hampshire Democrats
• 15:07
  Speaker 1: not to vote in the state's primary presidential primary. Quote.
• 15:11
  Speaker 1: I created the audio used in the robot call it.
• 15:14
  Speaker 1: I did not distribute it, Carpenter said an interview in
• 15:17
  Speaker 1: New Orleans, where he's currently residing. I was in a
• 15:20
  Speaker 1: situation where someone offered me some money to do something,
• 15:22
  Speaker 1: and I did it. There was no malicious intent. I
• 15:25
  Speaker 1: didn't know how it was going to be distributed. Carpenter,
• 15:28
  Speaker 1: who holds world records in fork bending and straight jacket
• 15:33
  Speaker 1: escapes but as no fixed address, showed NBC News how
• 15:37
  Speaker 1: he created the fake Biden audio and said he came
• 15:40
  Speaker 1: forward because he regrets his involvement in the ordeal and
• 15:44
  Speaker 1: wants to warn people about how easy it is to
• 15:46
  Speaker 1: use AI to mislead. Wait, so Democrats are using AI
• 15:52
  Speaker 1: to mislead voters. That would never happen, right, Yeah, it
• 15:56
  Speaker 1: gets better. Creating the fake audio took less than twenty
• 16:00
  Speaker 1: minutes in costs only one dollar, he said, for which
• 16:03
  Speaker 1: he was paid one hundred and fifty according to Venmo
• 16:06
  Speaker 1: payments from Kramer and his father, Bruce Kramer that he
• 16:09
  Speaker 1: shared quoted. So scary that it's this easy to do,
• 16:13
  Speaker 1: Carpenter said, people aren't ready for it. Referring to the
• 16:16
  Speaker 1: AI technology, Carpenter shared what he says is the original
• 16:21
  Speaker 1: audio file created with eleven Labs that appears to be
• 16:24
  Speaker 1: a complete and higher quality version of the recording of
• 16:27
  Speaker 1: the call. NBC News previously reported on the robo call
• 16:31
  Speaker 1: has drawn intense attention from New Hampshire as well as
• 16:35
  Speaker 1: federal law enforcement officials for possibly violating state voter suppression
• 16:41
  Speaker 1: and federal telecom laws. Fishers have mentioned the name of
• 16:44
  Speaker 1: a Dallast company that was used to place the automatic
• 16:47
  Speaker 1: phone call to voters ahead of the state's primary, and
• 16:50
  Speaker 1: have vowed to investigate, citing a desire to make an
• 16:53
  Speaker 1: example of those involved in the first known example of
• 16:56
  Speaker 1: an AI generated deep fake being deployed maliciously in an
• 17:00
  Speaker 1: American political campaign. Authorities have not named Carpenter Steve Kramer
• 17:06
  Speaker 1: as targets of their investigation so far. The players. Steve
• 17:11
  Speaker 1: Kramer is a longtime Democratic political operative, having worked for
• 17:16
  Speaker 1: dozens of campaigns over more than twenty years, including the
• 17:21
  Speaker 1: twenty twenty presidential campaign of Ye the Rapper formerly known
• 17:25
  Speaker 1: as Kanye West. Steve Kramer initially did not respond to
• 17:29
  Speaker 1: multiple requests from NBC News for comment. Days later, however,
• 17:33
  Speaker 1: he said he would wait to speak on the matter
• 17:35
  Speaker 1: until he publishes something Saturday.
• 17:38
  Speaker 4: Quote.
• 17:38
  Speaker 1: My op ed will explain it all, he said in
• 17:40
  Speaker 1: a text message to NBC News. The Phillips campaign and
• 17:46
  Speaker 1: the candidate himself expressed outrage when asked about Steve Kramer's
• 17:50
  Speaker 1: alleged involvement, saying they would never work with him again
• 17:54
  Speaker 1: and may pursue legal action if the allegations are in
• 17:56
  Speaker 1: fact confirmed. NBC News has seen no evidence of the
• 18:01
  Speaker 1: campaign directed Steve Kramer or to produce or disseminate the
• 18:07
  Speaker 1: robo call. Federal Election Commission records show that Steve Kramer
• 18:12
  Speaker 1: was paid about two hundred and fifty nine thousand by
• 18:15
  Speaker 1: Phillips campaign in December and January. The payments were for
• 18:18
  Speaker 1: ballot access work in New York and Pennsylvania, which includes
• 18:22
  Speaker 1: canvassing for the signatures necessary to qualify for the ballot.
• 18:25
  Speaker 1: The campaigns of the work included production and distribution of
• 18:28
  Speaker 1: a robo call that featured Phillip's voice. Payments listed in
• 18:32
  Speaker 1: their campaign finance filings indicate Steve Kramer did get out
• 18:35
  Speaker 1: the vote work. If it's true that mister Kramer had
• 18:38
  Speaker 1: any involvement in the creation of deep fake robo calls.
• 18:41
  Speaker 1: He did so on his own, of his own milition,
• 18:45
  Speaker 1: which had nothing to do with our campaign, is what
• 18:48
  Speaker 1: Phillips Press secretary Katie Dolan said. The fundamental notion of
• 18:52
  Speaker 1: our campaign is the importance of competition, choice and democracy.
• 18:58
  Speaker 1: We are disgusted to learn that mister Kramer's allegedly behind
• 19:01
  Speaker 1: the call, and if the allegations are true, we absolutely
• 19:04
  Speaker 1: denounce his actions. Sure, okay, I believe you there, I'm
• 19:07
  Speaker 1: being sarcastic, of course. Phillips campaign said its relationship with
• 19:11
  Speaker 1: Kramer ended several weeks ago after he completed his contract
• 19:14
  Speaker 1: to gather signatures to help the candidates get on the
• 19:17
  Speaker 1: ballot and his assigned states, and there has been no
• 19:20
  Speaker 1: communication with him by late Thursday.
• 19:23
  Speaker 8: Now.
• 19:23
  Speaker 1: The magician and this political consultant is the craziest part
• 19:27
  Speaker 1: of the story. Carpenter, who was born in Houston and
• 19:30
  Speaker 1: calls himself a digital nomad artist of life, did not
• 19:33
  Speaker 1: expect to end up in the middle of a national
• 19:35
  Speaker 1: political scandal. When he says he met Steve Kramer last year.
• 19:39
  Speaker 1: The only thing missing from the political circus is a magician.
• 19:41
  Speaker 1: And here I am Carpenter said, who also' is the
• 19:44
  Speaker 1: podcast has created instructional videos for menalism, and says he's
• 19:50
  Speaker 1: performed in twenty four different countries. In the past few years,
• 19:54
  Speaker 1: he says he's been building computer programs and experimenting with
• 19:57
  Speaker 1: ntfs and content creation and art artificial intelligence AI. He
• 20:02
  Speaker 1: rides a motorcycle with his Chihuahua mix, who wears dog goggles.
• 20:07
  Speaker 1: His political views are eccentric, as he describes it. He
• 20:11
  Speaker 1: speaks of his belief in right wing conspiracy theories such
• 20:14
  Speaker 1: as deep state, and has some issues quote unquote with
• 20:16
  Speaker 1: the first Moon landing, but also says he staged a
• 20:20
  Speaker 1: performance art piece where he placed a porcelain toilet on
• 20:24
  Speaker 1: former President Donald Trump's star on the Hollywood Walk of
• 20:27
  Speaker 1: Fame and pretended to defecate on it. Yeah, this is
• 20:30
  Speaker 1: the guy you want working on your campaign. Right. Finally,
• 20:35
  Speaker 1: the magician says he's saved several such stunts meant to provoke,
• 20:38
  Speaker 1: he says, such as the one in which he wore
• 20:40
  Speaker 1: only a fig leaf in the Times Square in New
• 20:42
  Speaker 1: York City as an expression of racial authenticy, and another
• 20:46
  Speaker 1: in which he filmed himself portraying various Americans, including white
• 20:51
  Speaker 1: supremacists with a swastika on his forehead, which he says
• 20:54
  Speaker 1: was about showing that there are all that we are
• 20:56
  Speaker 1: all humans despite how much we hate each other. That's
• 20:58
  Speaker 1: the guy you got to work on the presential campaign. Wow. Finally,
• 21:04
  Speaker 1: he said, he and Kramer, the political operative, were introduced
• 21:07
  Speaker 1: through a mutual acquaintance for whom he had done some
• 21:10
  Speaker 1: web design and social media management work. Cermer said he
• 21:13
  Speaker 1: then took an interest in his experience with AI. It's
• 21:18
  Speaker 1: MSNBC saying you must stand with the rep Russian opposition
• 21:23
  Speaker 1: leader's wife, giving supporting aid to her. That's number one
• 21:29
  Speaker 1: this while ABC News debunks their own headline where they
• 21:32
  Speaker 1: claim that there's crushing sanctions on Russia and then admit, yeah,
• 21:35
  Speaker 1: the sanctions are basically going to do nothing at all.
• 21:38
  Speaker 1: We also are now being told from Ambassador Thomas Greenfield
• 21:42
  Speaker 1: that Ukraine needs this assistance to continue to fight this
• 21:44
  Speaker 1: war or we will be in a major war for
• 21:48
  Speaker 1: the rest of our lives. That's the new threat coming
• 21:51
  Speaker 1: from the left. Take a listen to the ambassador saying
• 21:54
  Speaker 1: this on CNN this morning.
• 21:56
  Speaker 9: Any est now, it is the US Ambassador of the
• 21:57
  Speaker 9: United Nations, lond of Thomas Greenfield. We appreciate your time,
• 22:00
  Speaker 9: met an ambassador. Let to start, we see another round
• 22:03
  Speaker 9: of sanctions. This is already the most I think significant
• 22:05
  Speaker 9: sanctions regime that's ever been implemented, particularly given the scale
• 22:09
  Speaker 9: in the alliance that's put them into place.
• 22:11
  Speaker 1: But it also, by the way, if this is true,
• 22:13
  Speaker 1: that these are like sanctions at a level we've never
• 22:16
  Speaker 1: seen before. Right, So that's the propaganda now from CNM
• 22:19
  Speaker 1: being pushed out there. Why did we wait virtually three
• 22:22
  Speaker 1: years to do it? Why do we wait a year
• 22:24
  Speaker 1: to do it? Why don't we wait two years to
• 22:25
  Speaker 1: do it? If this is supposed to be some great deterrent,
• 22:29
  Speaker 1: why did we wait this long to do it? If
• 22:31
  Speaker 1: we were trying to truly stop the war with Ukraine,
• 22:34
  Speaker 1: wouldn't we have done this day one? Why did we
• 22:36
  Speaker 1: wait three years? If you saw that the war was
• 22:39
  Speaker 1: going into a stalemate, then why wouldn't you have done it?
• 22:42
  Speaker 3: Then?
• 22:43
  Speaker 1: By the way, this will have zero impact on Russia's
• 22:46
  Speaker 1: decision whether to continue or to pull out of Ukraine,
• 22:49
  Speaker 1: just so everyone understands that.
• 22:52
  Speaker 9: So it seems it comes at the same time where
• 22:54
  Speaker 9: Russia has made gains on the battlefield, and it feels
• 22:56
  Speaker 9: like the momentum has started to shift somewhat. How concerned
• 23:01
  Speaker 9: is the administration about the trajectory of this war?
• 23:05
  Speaker 8: Look, the administration has been working diligently to get the
• 23:10
  Speaker 8: assistance to the Ukrainian effort, including pressing Congress to provide
• 23:16
  Speaker 8: needed funding. But the Ukrainians resilience can't be played down here.
• 23:22
  Speaker 8: They have taken back fifty percent of the territory that
• 23:26
  Speaker 8: Russia stole from them, and they will keep fighting. They
• 23:30
  Speaker 8: are not asking us to fight for them, They're asking
• 23:33
  Speaker 8: us to assist them, to give them the twos that
• 23:36
  Speaker 8: they need to continue the fight, and we're working to
• 23:40
  Speaker 8: try to get that to them.
• 23:42
  Speaker 10: Madam Ambassador, I wonder what you make of this from
• 23:46
  Speaker 10: the former Ukrainian First Lady Katerini Ushenko. Here's what she
• 23:49
  Speaker 10: told us yesterday.
• 23:51
  Speaker 11: The delay in arms has costing us thousands of people
• 23:54
  Speaker 11: every day. And if we had gotten to aid when
• 23:58
  Speaker 11: the threats at first, if we'd gotten the aid when
• 24:02
  Speaker 11: the war then the new escalation at first started, it
• 24:06
  Speaker 11: would be over. But we have been fighting with a
• 24:09
  Speaker 11: very limited capacity, And you know, I think that's very
• 24:14
  Speaker 11: important for the US and Europe to understand that withdrawing
• 24:18
  Speaker 11: assistance will not make the war shorter.
• 24:21
  Speaker 10: Her assessment that had this aid gotten there earlier, the
• 24:24
  Speaker 10: war would be over, and she means with Ukraine as
• 24:27
  Speaker 10: a victor. I wonder if you agree with that assessment.
• 24:31
  Speaker 8: You know, I'm not a military strategist, so I can't
• 24:35
  Speaker 8: say that, but I can say that the President has
• 24:39
  Speaker 8: been clear that Ukraine needs this assistance to continue.
• 24:43
  Speaker 1: To fight this war.
• 24:44
  Speaker 8: They're on the front lines of fighting for democracy, and
• 24:47
  Speaker 8: that's why it is so important that we get this
• 24:51
  Speaker 8: aid and this assistance to them as quickly as we
• 24:54
  Speaker 8: possibly can. And I know that they are frustrated. I
• 24:58
  Speaker 8: know the President is frustrated, and we're all frustrated. We
• 25:01
  Speaker 8: want to see them get the support that they need
• 25:04
  Speaker 8: so that they can continue to defend themselves and to
• 25:07
  Speaker 8: defend democracy.
• 25:09
  Speaker 9: If the President has been unequivocal about the desire to
• 25:11
  Speaker 9: have that happen, obviously Congress would need to actually come
• 25:14
  Speaker 9: back to Washington.
• 25:16
  Speaker 1: I love how they keep using this line over again
• 25:19
  Speaker 1: to defend democracy. The Democrats have really gone all in
• 25:24
  Speaker 1: to own that line, like we must defend democracy. They're
• 25:30
  Speaker 1: not defenders of democracy. If they were, they would do
• 25:33
  Speaker 1: things very different. Than how they're doing them now. They
• 25:37
  Speaker 1: are not defenders of democracy. That is a lie. Anyone
• 25:43
  Speaker 1: that listens to them knows that is a lie. They
• 25:48
  Speaker 1: have never been the defenders of democracy, but they're trying
• 25:53
  Speaker 1: to own it going into this election, acting like somehow
• 25:58
  Speaker 1: they are true defenders of democracy, which they are not.
• 26:04
  Speaker 1: Do not let them hijack the narrative here and every
• 26:08
  Speaker 1: time they tell you that they're doing some great thing
• 26:10
  Speaker 1: with sanctions, as they keep saying it right now, also
• 26:13
  Speaker 1: remind them, Okay, why is the Russian oligarch still not
• 26:18
  Speaker 1: sanctioned that sent three million dollars to the Biden crime
• 26:21
  Speaker 1: family whose husband was the former mayor of Moscow. Somebody
• 26:27
  Speaker 1: needs to answer that question. Somebody please answer that question.
• 26:33
  Speaker 1: I'm waiting, I am waiting. I am waiting, I am waiting.
• 26:38
  Speaker 1: I want to hear it. I want to know because
• 26:42
  Speaker 1: this is total crap and it's propaganda from the left,
• 26:47
  Speaker 1: and I think everybody knows that it is propaganda from
• 26:51
  Speaker 1: the left. Make sure you please share this podcast and
• 26:56
  Speaker 1: this show anywhere that you can on so social media
• 27:01
  Speaker 1: to get the word out. It is important. Make sure
• 27:04
  Speaker 1: you pay attention to what Tony Bobolinsky says, and a
• 27:07
  Speaker 1: lot of this will, i'm sure leak out this coming week.
• 27:10
  Speaker 1: But if there's anybody that the Biden crime family is
• 27:13
  Speaker 1: afraid of their testimony is Tony Bobolinsky because they know
• 27:16
  Speaker 1: what he knows, because they were sitting down with him
• 27:19
  Speaker 1: doing the business deals, and the business deals to quote,
• 27:22
  Speaker 1: Hunter was buying access to my dad. See it back
• 27:26
  Speaker 1: here tomorrow. Have a great rest of your day.