0:00 And you say the most popular ████ that represents them, they go out and vote for you. That's how you win. You know what it reminds me of, guys? It reminds me of my relationship with Geo. Okay, first I would like to preface this by saying uh I don't have any ill will towards this guy. I was really excited to see what Zohran Mamdani would be able to achieve because it was pretty bold. Like he came in there guns blazing, made all these crazy uh almost seemed unattainable promises. And I was like, "Hey, if he could pull it off, we all win." >> What were some of the promises he made do you remember? >> Oh, we'll get into those. >> Rent control. That was a big one. >> Yeah, so um a big thing that's happening right now is that um one of the things that he was uh planning on was uh his promise was that he was he is going to make this new tax reform that was
0:51 going to take from the wealthy. Like that was the big thing that it was going to um it was going to tax the the absolute highest possible class the most money in order to help fund some of the other things that he wanted to deliver to the residents of New York. And um he has just now unveiled that um I don't think he's going to be able to do that. So, he's now going to be doing a 9.5% increase in city property tax for everyone. Oh my god. >> Which means that his other promise of freezing everyone's rent can't be done um if they go with this because that means all the apartments that are owned by you know, private ownership, they are going to pass that cost down to the person renting. 9%? >> That's a lot. >> That's a ████ ton cuz that's 90 Gs if on just a million. And everything in New
1:42 York is going to be way more than a million. >> Apartment's going to be a million. Yeah, so it's not going well, um but I wanted to go over his different promises that he's made. I mean, it's very, very early, so maybe things can turn around, but so far it's not looking good. >> People are going to be upset about this. And I'm and I'm rooting for him because I want to see these things happen cuz if it happens in there, it could happen anywhere. Like really, that's the hardest state to I remember seeing a headline that he got like he wanted like a free child care. Yeah. Right? And they had a big press conference Yeah. saying that they did it. And in my head I was like, I wonder how they're going to do it. >> They haven't been able to do any of those things. So That's it. That's the question, right? >> Number one was free child care for families. Uh yeah, he said every parent should be able to work or study without worrying about the cost of taking care of their children. >> Which sounds awesome. >> His projected budget, which he uh
2:33 finally unveiled it's a 127 billion preliminary budget proposal for uh which begins in July. That's already more than the previous. So it's it's they got to bring that money from somewhere. So they're having to dip into the reserves. Which um the reserves obviously are it's like the rainy day fund. That's for like uh retiree health care. >> Oh, ████ taking um They're taking 1.2 billion from that, which you know, doesn't normally I don't know if that happens every year. I've no idea. But uh it doesn't seem like a good thing. So does this seem like the the hard parts are like what he promised, it's tough the hard part that he's facing is like oh ████ like where am I going to get the money to allocate towards these promises? >> that's so expensive, child care. >> It's two things. When he made his promises, one of them was like um you know, fiscal experts everywhere were
3:23 like where's that going to come from? He had no plan of how he was going to do it. He just said he was going to do it. Number two is that he doesn't have the power to do some of those things. He can easily just be stopped a level above and they could just say no, we're not doing that. Like he wanted to do free Number two was free public transportation. That seems more achievable. >> [laughter] >> Yeah, he said he was just going to um you know, the the So he said that free buses would benefit low-income workers who rely on public transit daily. Absolutely would. But uh they can't really do that because uh all those people running that department would have to work for free. Or that money would have to come from something else. And uh I don't think he has I think that's an Albany I think that's like the the state would be the one to decide that. And he's a mayor, so Yeah. And then he said
4:13 number three was rent freeze for 1 million households. Uh again, he didn't explain how he just said rent should not >> game in politics, right? You just kind of say popular things, you see what sticks, and then you get voted in. And then And then you try. I mean And then you're like, "Ah, I couldn't I hit a roadblock. I couldn't do it." Trump went in talking about the wall. The wall still not done. You know, so like like I think everybody plays this game. I think what people don't know of how the game of politics is played is you identify a voting block, right? That that that you can appeal to. And you say the most popular ████ that represents them, they go out and vote for you. That's how you win. You know what it reminds me of? It reminds me of my relationship with Geo. I just got to say whatever to get her off my back. "Oh, I'll take the trash out. I'll take it out. I'll take it out
5:03 tomorrow. I promise. I swear to god. Yeah, I'll take all the trash and then I'll I'll I'll separate the recycle bin whatever. And all right, can we watch a movie?" She's like, "All right, yeah, let's watch a movie." And then the next day And then she forgets. We watch the movie and I'm like, "Oh, I'm tired. I'm going to go to sleep." She's like, "What happened to all the ████ recycling bin?" She's like, "Oh, ████ Oh, I I didn't didn't I look at my resources current >> [laughter] >> I got to check with budgets. I got to get back to you. Cuz he's a young ass dude, right? So, I'm like if you've never really worked in office for a long time, you don't know how how anything works in there. How can you make these promises? Free child care is crazy. You don't even know how it works. You're just saying That's always hoping maybe he has like enough of a team behind him that does know how it works, and he's just the face. But, it's so far it's not really delivering. >> it's difficult for one guy. I think um >> too, is tough. So, like having a more um I guess a socialist
5:53 kind of system, I was thinking about this, too. Where it would work is rural, low population with natural resources. Because, for example, let's say Alaska, right? If you're an Alaska resident, they give you ████ like some type of like state gives you money if you're if you're a resident there. >> Yeah, like some sort of stipend. >> They got hella resources, right? They got like oil and ████ like that. They could break bread with everyone in the state. Also, it's not like full of bureaucracy. So, like a state a city and a state like New York, when you got ████ tons of people, like you have to provide social services for hella people. Not only that, there's so many kind of like useless jobs in the system with so many layers of corruption. It's not possible. But, if you look at where a country is successful with a more socialistic kind of system, it's Scandinavia, right?
6:43 Those areas are like they're not over populated. They're actually underpopulated in a lot of times. And they have hella resources. They have hella money. They have hella like investments. So, they can use a lot of that money and reinvest it into their society. Where like New York, man, you're already starting from a negative. But, if you went to Alaska and did it, I think it's ████ doable. But, you got to have a camp with you. You got to be like, "Yo, this is my minister of finance, you know, he's been in ████ politics for last 30 years. He's going to play ball with me." Here's you know, you got to go with the whole entire team. Because, like how many times have you actually like try to get something done in your company and then you have a s█████ ████ manager that's bottlenecking the system and you're like, "F███, man." And then you got to try to fire them and you can't even fire them cuz there's so many laws against
7:33 firing government employees. It's not like a company. It's already hard to do it in the private sector. So, I'm like, to get ████ done, I think it's way harder. It's way easier to just take over a whole country and do it yourself. Yeah, to be a dictator. >> The The crazy thing is they haven't So, New York has never increased their property tax since 9/11. That's the last time they did that. >> Damn, bro. So, the play is they got this guy that everybody likes and they're like, "All right, you're going to do what the ████ we say." But yeah, and it's weird because even though he's presenting this as something that they may do, like he's he keeps saying like, "I don't want to have to do this." He keeps saying that like But so, it's going to really super hurt working in middle class uh Oh. Oh, classic. Oh, who saw that coming? >> The weird thing is that there's so many like protesters that just view anyone who owns a home as being insanely rich, right? Like that's just kind of like
8:24 where their minds are. But when you look at it, they have the data of that and it says there's um out of the 3 million residential units in the city that are owned by New Yorkers, the median income of those people is 122k. Yeah, 122k. >> That's nothing in New York. So, like while everyone's viewing people that own homes as like these like magnates in like >> They're spending all their money on their house. It's like and you're going to raise property tax by almost 10%? >> That's that's good for the people. It's really good. >> You think that you who's a renter isn't going to pay higher rent? You're crazy. If What What if What happens if property as a landlord, if property taxes go up by 10%? Are you raising rent? >> Yeah. Yeah, you have to. Yeah, most of it you pass down. >> That's like the first thing everyone does. >> Every cost expense you have to, yeah. >> Especially property tax. A lot of this ████ is so stupid to me is because we're constantly talking about So, the left
9:15 wants to raise taxes, right? And then the right wants to reduce taxes, right? And no one's talking about government spending and auditing. No one. No one talks about like, "Hey, you spent how much on the ████ construction? That's My uncle could have done that ████ for way cheaper." You know, like it's like So, then like >> Well, it doesn't even get done. >> It doesn't get done. They need more money. just >> meetings for millions of dollars. >> Yeah. And then you're like when you see the audit, when you see and then they barely audit, right? But the Shouldn't it be transparent? >> No, it's internal. That's what they do. >> Shouldn't we all know how much they're ████ spending? And then you found out that this bridge that could have been like let's say they could build a way better efficient bridge in Japan for like 10 million, right? But then let's say but why is it cost a billion in the US to do that? It doesn't make any sense. >> It's a good racket. >> Right? >> Just need to hire Chinese construction
10:05 companies. >> [laughter] >> Oh my god, yeah. >> Faster, cheaper. Disposable building. >> Hey, going back to the Epstein files. >> Oh my god. Did you guys see how people are thinking that cuz Mom Donny's mother Oh, is in the files. >> and people are How much do you guys believe that that's that that he's Epstein's kid? >> The eyebrows, dude, they get me. >> [laughter] >> You think that's Epstein's kid? It's I don't think it is, but it's it was a it was a funny thing for a little bit and people were going to his house protesting. >> image real though? That is his mom. >> There's a fake one I saw going around. I don't even know which one the real one is, but there was one I saw where it's like he's like a kid and then there's >> Yeah, yeah, yeah, yeah, that's the one. That one's fake as ████ I don't know if the one you saw is real, but I I haven't seen the real one. >> The side-by-side of them like looking like a family. >> Well, what a coincidence because Jeff Bezos is there and he's already bald.
10:55 >> [laughter] >> And people were like, what he didn't look like that back then. Oh my god, it's so crazy. >> But isn't it weird like why would she be in the email? Apparently she was a filmmaker that he was >> It's too close. >> Really Yeah, it's way too way too close. I believe that a lot >> If everyone is is guilty, bro, they're all guilty, dude. They're all guilty. >> that a lot of people that are in power is um they were developed and scouted really early on. >> For sure. Do you know there's a picture of Obama as a child with the with the Bush family? Didn't see that. What? >> He still looks old. >> Judge Joe Brown ████ went Judge Joe Brown? >> He's gangster, dude. >> What? He went >> He's doing Epstein content? >> No, he's doing Obama and like political content. But he went down on a whole rabbit hole. Well, first of all, he
11:45 ████ hates Kamala, right? And he cuz they were all in the same circle. I see. I see. >> And he was telling the story about how she was just like >> [snorts] >> the the mayor of San Francisco's She was too cool for school? No, he he she was his kind of like sugar sugar baby. Oh. And then and then But she was ████ other dudes there? Yeah. And then so she got her positions through not through merit, but through connections like that. And then he went down this whole thing about how the Obama family is deeply connected to the Bush family through oil. So Damn. You know how Obama grew up in Indonesia? And the Soetoro family is connected to the Bush family's oil business. Like uh I forgot which one. I think it was Texaco or one of those things. But um
12:35 basically the CEO of the Southeast Asia department was you know, in Indonesia they have a lot of oil, all that stuff. That's his family. That's his father, stepfather, and all that who raised him and everything. His mom, why they were growing up in Hawaii and all that stuff, is because his grandmother was a high banking official in Hawaii. In Hawaii, they don't have connections to the to the main banks in the mainland. They have their own little banking system there, and there's a lot of money laundering and a lot of allegedly, you know, a lot of uh um a lot of uh Pacific money transfers that are happening from like Asia. That that whatever funny stuff they do out there, they funnel it through there. I believe it. So I was like, damn, that's ████ interesting. So
13:25 they're all tied from a very They're they're you know, like people that become presidents and people that become high-level politicians. Yeah, they're like They're within the network. >> Cuz it did seem like Obama had such a perfect playbook, right? >> Yeah. Like the Like the perfect career politician, so well-spoken. >> Plays basketball. Plays ball, dude. He dapped up all the ████ Team USA. You know what I mean? Like that dude had all the sauce. Yeah. Oh, good luck, Madani. I saw a picture >> not your dad, dude. I hope. >> [laughter] >> I saw >> Show your real dad, dude.
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