0:00 how often do those uh parlays hit do you want to F fight no no really no really do you want to fight when they hit they hit hard okay that's yeah shut up [Music] colen I read about this and I found it to be fascinating do you know about the um a company called Chicago parking meters LLC no sounds like a scam dude QR code scam the craziest okay so um this is back in 2008 when like lots of cities were like hurting for money the uh the city of Chicago got this offer to buy out all of their parking meters and it was a company that was majority owned by investors from Abu
0:50 Dhabi and they offered 1.15 billion to buy out all the uh ownership of the parking meters of the entire city of Chicago for 75 years years whoa and it was a freaking horrible decision on Whose part on Chicago's part so uh mayor Richard M daily and the Chicago city council they they approved this deal and uh it was meant to help the city get out of their financial crisis but instead it's it just ended up being a huge disaster what it meant was that um the deal it ended up quadrupling the cost of parking in Chicago and uh basically since 2008 these guys have that um bought them the meters they've already made their money back uh and they have 60 more years so they just so they just
1:41 raised the prices on all the tolls and on days where like they Clos the street for like an event they have to pay this company to do that cuz they have to pay what the meters would be making if people Chicago WA that's why the dailies are known the dieses are known for this that's Richard Dy his dad was also the mayor of Chicago they are known for being a very corrupt it's so hugely corrupt yeah cuz imagine like when you think about it you're like this dude made a 75y year deal for Chicago wow in his term as mayor that's crazy I wonder if he made a little Kickback on it exactly that's that's the thing that's what people are just like how can you not how not so um so what happened after bought these uh the they did that meter
2:32 deal they also put meters where parking used to be free so it's hardly it's so rare to like find an area where they won't do that cuz they just want to max out on their money and uh yeah so anytime that the uh the parking meters go out of service the city of Chicago has to pay for that loss to that company lit yeah oh smart my God there's like no winning deal for and then uh they tried they tried to file a lawsuit against the deal but the Supreme Court rejected it Deal's a deal baby crazy sign buddy 75 years that's crazy how you can let a foreign company buy something that's just like a city thing like a city yeah and and the reason this like really stood out to me is cuz like when I think of Abu Dhabi or Dubai and I think of like why everyone's so rich over there you you just like
3:22 think oil or you think like some kind of like industry steel or something parking meters but then you don't really think that like oh they're just smart at making deals that corrupt politicians are willing to sign yeah they're making money off of something that was that should have been for your town yeah like this money should have been to the people of Chicago but instead it's going out to Abu Dhabi what the hell the whole parking thing is supposed to be for the city right like it's that's what it's meant for right but remember guys Money Talks it does talk I forgot damn damn I think the mayor of Chicago right now has like a 10% rating or something like that it's rough is it the Lori still the Lori Black Flute or whatever horse flot yeah some ████ like that light foot nail oh wait isn't she out now I think she's out
4:13 now somebody else is in there oh who likes their mayor what city actually likes their mayor uh La we Florida monry Park Florida yeah Florida yeah that's true they love they love their governor they love their Mayors they love the sheriffs Florida is lit yeah oh yeah po than ████ I tried he actually tried I actually tried but I thought about you guys and I was I can't do it right now thought about you think about Vegas maybe doesn't Vegas like their new man yeah they like their stuff don't I don't like Lombardo as a governor oh I'm not into that oh Lombardo Lombardo I don't know what he does he's just another one of those little cuck ████ who doesn't who says a lot of ████ and then doesn't do anything about it cuz the uh mayor of Las Vegas was actually it's kind of like hardcore control R by this couple where a couple you said yeah so the the
5:05 husband was the mayor for like decades like Non-Stop and he was uh he was like a lawyer for the mob so back then when Vegas was you know mob controlled he was their representative and then he worked his way up and just non-stop kept winning as the mayor and then when he stepped down his wife was the one so they were they were running Las Vegas for a long time until recently I think I like how now we go oh now Vegas is all cleaned up it's no longer mob controlled I me and my wife have a have a hybrid car I have to get a smog check every single year for a hybrid make it make sense doesn't make any sense every single GE it says SM check yep you got to get a SM check yeah I'm not moving a big it's a racket brother plus you P hybrid car California every other year you pay more for um your car in Vegas
5:56 than I've ever paid anywhere in my whole life yeah that's one of the ways that they make money though though cuz like you know how every state has different you know high taxes like they don't have income tax yeah there's no state but they got to make money somehow and if you're not part of the official gambling ring gambling mob some might say you're out like you're not you're not you can't I can't use like DraftKings or any of that kind of ████ or whatever whatever like the I got a buddy who does all these sick parlays and he's able to do like first touchdown and all this ████ I can't do any of that stuff I have to do all the Normie ████ Casino stuff really yeah they don't want you to have an edge at all what do you mean like you can't do the other bets I can't do the other bets on the apps that they have in Vegas but other people can if they live out of that state like my buddy in California can do my buddy Nick can do all these sick bets I can't do anything how often do you those uh parlay hit do
6:46 you want to ████ fight no no really no really do you want to ████ fight when they hit they hit hard okay that's the yeah shut up Ken bro you're like that judge remember that judge who's like and then the guy jumps [Laughter] he just SW dude if we had a trampoline on this side I would jump oh I would vult 100% I steeve 6'5 frame just ████ going across it's like a fresh prin what I'm almost betting on it that's great you should you take a parlay on it I think that happened that happened in Vegas too how often do those H dud dude ████ you man ████ you ████ you man do you think California has prush do you think when you made some foreign deals like this with certain god dude ████ god fire
7:36 department oh know I I always thought it was interesting how when the deer XI Jin ping came through oh yeah San Francisco all the homeless people San Francisco cuz um we're not on the friendliest terms with the China so just him coming through and not even visiting a president but like a governor I thought that was ████ weird well why would he visit Joe Biden Joe Biden wasn't even like he's oh yeah to to quote subie he's probably just sleeping did he have a meeting with I don't know I thought he had that was when um Biden was President yeah that's when Biden was President mhm he's talking to the new he's going to be the new president I don't know who is Gavin probably you think so I think he's probably to win not I think he's got no shot I think he's got shot people like him though people do people do cuz look look what happened when they tried to recall him he got freaking yeah but now
8:27 defended but now maybe it'll be different this time hey what was new uh so okay and who's these are the people that's going to be running huh the next presidency you guys ready give it to us new verse toy gabber come on ████ already toy baby JD is like I think got all the odds right now what do you mean like for the next so early 2028 2028 who do you think is going to do it Trump number three don't say that third term he changed changes the law and he's like I could do it I do they want me they don't want me out I'm going to stay you know they're sprinkling that right that's what yeah I heard about that he's like we're getting rid of term limits what are they sprinkl I've heard him do bits about it well Steve Bannon I mean he's ████ nuts
9:17 whatling what youing oh it's Trump's thirdd term third term no way dude no it's not going to happen it's because the root of it is because there was no term limits previous to uh Roosevelt Franklin Roosevelt not uh Teddy but he had a he's like a four-term president so this is very recent the the two-term limit is a amendment that passed in like the ' 50s so it's not that new so they're they're maybe they're sprinkling this to just go like well um Trump can do two consecutive because maybe that's the new that's the new thing instead of a yeah instead of like it's like a two-term limit but it's a convention which it's it's not it's going to be ████ hard right might as well just do it coup yeah but that's the only reason I mean I wouldn't I don't I don't know
10:08 if it makes sense to do it or not like I I I don't have any skin in the game so so like I don't care but I could kind of see how that argument can evolve yeah yeah cuz it's like a two-term limit but it's like it's too consecutive not you know right most presidents up like you said Till FDR it was like two terms most yeah precedent wise it wasn't a rule but it was like that's kind of what but no one was as popular as FDR well well also it was during war time so it makes sense World War II um and Andrew Jackson was really popular yeah he was the first populist president like he was very very popular but even he was like Hey I'm piecing out after two terms maybe it's more like I don't want to do more than two terms it's ████ annoying there's a lot of that too yeah did you see how like Obama went like
10:58 from like young dude and he had nothing but gray hair the second year yeah and he had there's a picture of him with a cigarette and just gray ████ hair he was at the Clipper games the other night that's pretty sick that's sick no I'm just saying Courtside I'm just saying he was on Courtside is he a Clippers fan or Laker fan I don't know what the ████ he is I just know he like a ly he's a bulls guy I always assumed that like every person that I don't this is maybe generalizing but like I always assume that every person that gets into politics at a point is really just trying to set up their private sector Paradise m I agree their post life the post presid that's why they had those presidential foundations I think yeah like the George W bush Center for democracy so like if you can if you could achieve that if you could achieve that in one term what I guess that would be good enough right you mean like people that are bureaucrats yo what do I got to do to get an international ████ Obama got a Netflix deal coming
11:49 right out he's he's executive producing everything on Netflix he won an Oscar he won a Grammy he only hasn't won a Tony yeah that's next D I think Obama Tony get Tony it's going to be sick I think Obama is just a chill dude but he got told what to do his whole prescy where he was just like man ████ this that's true's I don't want a bomb I was like ████ dude City Bank was was picking his cabinet for him he look look at him just Clippers he's in the Clippers cour yeah Power boarding hang out with that Chef Strang on a chef know drowning a chef you know what's crazy in fourt of water what um when you really when you read this story about the parking meters thing and you think like oh Richard Dy was corrupt and just like made this thing happen but they had a vote where 40 people had to say yes or no to it and it was unanimously yes
12:40 honestly on paper it's like yeah that sounds like a good deal was was it was it 2 billion 1.15 billion you're like 1 billion for parking meters they can have it they're all thinking like that like nobody's going to be parking in 10 years yeah he's like yeah yeah he's like they're like losers yeah yeah we're going to have self-driving cars everywhere nobody's going to park he's like how much money do they really bring in let them have it yeah yeah they're like 75 years no one's going to wait that long damn I do think that all the cuz you nobody ████ you harder than those parking lot manager guys with those big build those big like four story things those guys are going to be ████ in a couple years and I can't wait I'm going to stand outside of their ████ buildings I'm going to watch them lose money because because we're going to have automated everything your car is going to drive you wherever you're going it's going to go back home or it's going to chill somewhere ah ████ they'll
13:31 probably have to chill at the parking place damn it their job is SEC damn it the know what's funny good at it's Hannah's dream to have a car lot so You' be ████ dealing with with her it's all profit isn't that a no like upkeep except for an idiot to lose money at that but it's it's one of the hardest things to get right oh got to be probably I heard it's like really hard cuz it makes too much money well she wants to get like raw land and the land that's where it's at you just need to pay one grumpy guy to sit behind the glass and that's it yeah yeah but then that'll be automated at some point I mean it already is but who do you have to grease to get the permit to build it that's a scary part what kind of Grease let's say kind of Grease what is the angle you're doing politician see that's why you need dirty politicians yeah yeah yeah cuz remember when it's no different
14:21 than liquor licenses remember when Ron uh skull dang was talking about his towing companies and he tried to open them in an area where the uh opposing toe company had a brother in politics in that City and they blocked him out and they red zoned his whole property so they were like you just can't make anything there that's freaking nuts dude they changed the actual like law on his land to keep him from building I don't think people really know how things work in the world because they think it it's it's like everything operates on morality and ethics or fairness or that's the joke of it all yeah but everything operates under business like from politics to everything right you know who you can GRE who you can help and by the way wouldn't you want to help your friends like that that's the idea right like of course I would want
15:12 to help my friends but the idea that you have to be underhanded about it a little gross that's why I like when people come from a place of like having had a business or a brick and mortar like everything they say is very valuable because they've seen how quickly you can get Juiced yep no doubt oh yeah I me you wouldn't know about that he knows a lot about jicon I think bro cuz remember like just every as soon as you open your business just a million directions your money's going to go before you even open your doors the government basically extorts the ████ out of you and one of the ways you get away from that is if you have a good Network in the government that can help you either e speed up the process or maybe have people lay off you yeah and
16:06 that's just the way the world works man and and like the one it that's why it's like so hard for Mom and Pop just like someone starting out M with no connections before you even open your doors you're like already hundreds of thousands of dollars in the hole yeah and it's like how do you even expect people to do things by the books yeah and it's like if they do like we talked about earlier they they get ████ extra hard yeah extra like me like I went through all the permitting process I went through everything the right way and um because of that I was punished by not being able to open my business by a year and then so everyone else that slipped the envelope to the permitting guys and whatever boom job done and to me I'm like well okay well everyone's doing it that way then um I can just scream about like ethics and and what's
16:57 moral and right but then like that's just into the abyss yeah and no one's listening no one cares and another thing too is no one cares about business owners like they don't feel sad for you like yeah that's a fact yeah like cuz they can't differentiate the difference of like someone who saved up hella cash and they're like trying to like you're Jeff basos to they're trying to live out their dreams right yeah like they yeah like like most business owners are most business owners are like they're living on the margins like yeah I I just I just I have aam Dre to ████ create a puppet company or whatever and they save up hell money and they make this work yeah start with that I'm going to be a ventriloquist or whatever you know puppet company most businesses are bro most businesses are ████ immigrants that came here and they're
17:47 trying to build some ████ in the red again godam no one these kids are buying these puppets puppet why aren't you making money it's wrong there's no way think about it how many puppet shows happen a year probably million we have no competition yeah we don't have any competitors how are we we're puppet store in North America no competition there's no one challenging our position here it's kind of a monopoly sh I think we should go public some some Drop Shipping Company on Amazon just just launched puppets but then the deeper you get in and then you realize how things actually work and then now you become like okay well that's just the game guys like don't hate to play it hate the game even when we did that JK plugs episode we were talking about like cor your plugs
18:37 and all those plugs came through in the DMS and they're like I have this I can do this I can do this there was a guy that was a um he was like a residential building code dude yeah and he was like if you want to do an extension in your house let me know like I was like that's how easy that is like you just know a dude for that remember some of these people don't they don't believe that what you mean some of these people are going to think that's false you got to do everything the right way yeah those people have no experience well no those people are literally Baristas at Starbucks keep dragging all these Baristas they work at gas stations no but you're right though a lot of speculators a lot of like expert Comet folks they don't even scratch the surface of the ████ they're talking about cuz they don't live it they don't even see they don't even know how it works so they're going based on what they imagine how they think the world
19:28 works and then they're trying trying to teach you a thing or two and I'm like man you don't even know any like people in government what are you talking about like you're so paranoid about the government but you don't even know anyone that actually works in there that's the funny part well dude when you watch these Netflix movies it's like the Rock and like ████ galado do and Kevin Hart or whatever and I just already know it's going to be dog ████ immediately and you just know they film that thing without even having a script they're just like with these three names we can't lose and like and like but ████ like that people go you to like write the perfect story and it has to you know and like it's like you live in a la la land dude like it just that doesn't happen you know how many perfect stories are just sitting in somebody's desk collecting dust and they paid for it some lowball amount for the rights and then if you wanted to get it back cuz you had some monom of success you're like that would be a good story to tell they're like no you got to pay way more
20:19 now yeah it's a fun game that's a racket brother but yeah no they'll start shooting a new Batman movie without a script cuz they're like everyone's a ████ ████ they'll see it just need the Batman logo and we're going to make $130 million domestic it's like being Dimension worldwide baby kicks up to 3:30 it's like they're Being Earnest for no reason right like they're trying so bad and it's and it's heartwarming to like see that kind of uh innocence but it but then it also is very disheartening when you see the reality get W remember Get Wrecked get ████ spread those cheeks bend over yeah don't go against it would you say every but you know what though the where you can be like moral and honorable is when you have Fu money I think that's actually
21:10 when like when you so like when you're like some small middle management bureaucrat right like you're easily corruptible because what are you doing making like 60k a year and then like someone's dangling a billion dollar deal in front of you and on top of that you're not big enough to where anyone would listen to you and then it's like especially if you can't tell a compelling story in a way where you could go viral who the ████ are you so then they're going to play the game there's always something so weird though about when someone gets Fu money and then they start doing things that are like supposed to be nice for everyone they just get mega hated on which is a weird phenomenon because maybe they've been unethical for the last 30 years I don't know what it is like like you know people are like just begging for comedy Mothership to burn down like stuff like that it's like why like does just hurt you haters are haters they're always
22:01 going to exist it's almost like they they are like upset that you're doing good things because it's not on you know like they didn't want you to be the one to have that position so strange that's the world man I've never seen someone who who listen to their haters become successful not one time that's true rappers rappers yeah yeah well exactly yeah they're so successful
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