Dead Men Walking Podcast: Current News Edition

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LIVE: Dead Men Walking Podcast Current News Edition for the week of 11/28/21

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00:45
30 second countdown is hilarious. Oh, welcome back to another episode of dead men walking podcast.
00:52
Joe Biden's America where the inflation is so bad. Black Friday sales just seemed like regular prices from a year ago.
00:58
Oh man. I don't know. I did see a 80 inch TV at Best Buy for like 599.
01:05
Oh, thanks for stepping on my joke. You know, sorry, sorry, sorry about that. Don't they teach you in comedy? Yes.
01:10
And I agree. How much was it? 599 or something like that.
01:18
Yeah, dude. An 80 inch 80. I know, dude. Right. I don't even have 80 inches on a wall anywhere. Yeah, right.
01:23
Yeah, exactly. Free space. Yeah. Oh, but yeah, we're live. So yeah, we're doing another current news edition.
01:32
Right. And we're live. So hopefully you guys are watching us on YouTube and Facebook and all those places we broadcast live.
01:39
But we wanted there's so much news going on. There is this week that we wanted to do another one.
01:45
But before we jump into that, how you doing, brother? Doing awesome, man. Join the snow in Michigan. You know it.
01:50
Did you? Did you get to eat some turkey? Oh, my gosh. We had so much food, man. Yes, it was just I've been eating turkey, ham, stuffing, potatoes and.
02:00
Oh, yeah. Green beans for the. Keep it coming. Four days, five days. You know, let me ask you this.
02:05
Yeah. Maybe we're the only family that does this. But when you have Thanksgiving leftovers, do you also eat them for breakfast?
02:12
Absolutely. Yeah. Yeah. I'm not the only one. Yeah, man. The other day I used the ham on some egg sandwiches, but I also had some stuffing and mashed potatoes.
02:23
So yeah, man, for sure. OK, good. Yeah. Pumpkin pie for breakfast. Wait a minute.
02:31
I mean, I'm not afraid. Well, I guess it's 6 a .m. Yeah, it's like a Cinnabon or a Danish. Right. Yeah, exactly.
02:37
Why can't we have pie for breakfast? Just like a quiche. Nice quiche. Yeah. But isn't a quiche egg?
02:44
Yeah, I think so. But I think they make them out of a bunch of things. Do they? Right. Like, I don't know. Yeah, I don't know.
02:50
I don't know. I got a couple of friends that are chefs right now listening. Exactly. They're they're upset about what we're saying.
02:57
I don't. I thought it was like an egg bake. Like, isn't a quiche like an egg bake? Yeah, I think that's right. I mean,
03:03
I've I've eaten scrambled up. You put a bunch of stuff in it, throw it in the oven and it like bakes. Sounds like, you know, exactly what you're talking about,
03:09
Greg. I don't. So I don't know how much flour is in it, too. We call that an egg bake where I'm from.
03:15
You're like, yeah, there's actually a couple of flour, 10 eggs. Yeah, I have no idea what's in it.
03:21
Oh, no, but yeah, we did the Thanksgiving thing we hosted. So that's nice.
03:27
Nice. Everyone goes, oh, it's so kind of you to host. And then in my mind, I'm going, it's kind of an ulterior motive because it's like,
03:32
I don't have to go a bunch. Right, right. Like, yeah, there's a lot of cleanup and dishes. Yeah, we actually had some family members that were kind enough to clean up and do the dishes.
03:41
Nice. Everyone leaves. You go, oh, I'm at my own house. I know. Exactly. You know, yeah, man. Do you do the multiple places in the same day or spread it out or we were doing that for a little while.
03:50
And that was that's it's just too much. So, you know, one one side of the family, we change the day and then the other side of the family, we go on the day of and kind of bounces back and forth.
04:01
But yeah, we had everybody over our house for Thanksgiving. And yeah, it was great. And especially having, you know, a toddler running around.
04:09
She has her toys and she has everything there that that can preoccupy her for the most part.
04:15
Right. And so that's that's very nice. But yeah, man, had a great time. Had a great time with family.
04:22
Yeah, it is nice spending time with family. Absolutely. When you like your family. Yeah, absolutely. I'm in the position where I do like my family.
04:29
Right, right. Extended family. They're good people. Yeah. Yeah. So good. So what else is new?
04:34
Anything else besides the snow? We got the the Thanksgiving, the food, man.
04:40
We were doing pretty good, right? Yeah, for sure. We just had a ton of things in the in the news coming out right now.
04:48
You want to talk about it? The new variant. OK, yeah. And then we also had the Beatles had their new movie coming out on Disney Plus.
04:57
Not sure if you knew about that. No, I didn't. I get back. Yeah. So they filmed all of that. I've been wondering when they were going to release something like that.
05:05
Yeah, because, you know, that the Beatles had a bunch of cameras around all the time. Right. Videotaping and everything.
05:11
So yeah, I mean, get back the the record. Get back was filmed. And yeah, it was just it was just amazing seeing them writing songs, you know, seeing them writing.
05:22
Don't let me down. And just, you know, just so many amazing songs on that record.
05:28
So what is it like a rockumentary or is it like a it's like a. Yeah, I mean, it looks like it looks like they're writing the tunes right there in front of you, bringing in different producers and players and, you know, how they recorded it.
05:42
And I want to say it was three weeks or something from start to finish. And it's like, yeah, it's like you got to be kidding me, you know, to write an album like that.
05:52
I mean, it's it's insane. You know, those documentaries and those movies about music as a musician always they suck me right in.
06:00
Oh, yeah. They get me. Yeah. I can't remember the name of it, but Dave Grohl did one about the Neve board that he found.
06:06
Oh, yeah. The sound city sound city. Is that what it is? Yeah. And I watched that.
06:12
It was just unbelievable just because the technical aspect of him saving that studio and kind of wanting that one recording board.
06:20
So you're working off of like two inch fat tape where it gives you that real raw, gritty sound. Right. Like, you know, if nothing's digital, if you're cutting something, you're literally going in cutting tape and then taping it back together.
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Analog. Then I think he had he had one of the on that and record a song.
06:36
He had Zac Brown come in and do something. There was all these different guys come in and do all this different type of music.
06:42
Right. Not just rock, but some was country. Some was like, you know, rockabilly. Yeah. It was interesting.
06:47
It was a great. Yeah, I got sucked into it. I mean, with Dave Grohl, I mean, you have such a diverse musician.
06:54
He can play any kind of, you know, style, whether it is on the guitar, whether it is on the drums.
07:01
I mean, he he's a music lover and I love hearing him in interviews talk about music.
07:08
It's it's just I mean, I love it. Plus, I love the way he just I mean, he beats on those skins.
07:14
Yeah, dude. You as a drummer, I'm sure it's just loud and it's like in your face and he can play nuanced as well, too.
07:22
I mean, he definitely has precision and nuance, but when he's just banging on him, you're like, yeah, exactly.
07:30
Man alive. It's yeah, it's great to see. Cool. You want to talk about some news for sure. Should we play the
07:35
Newsy News clip for this live? Well, yeah, because it is technically you can't wait. Plus, we know.
07:42
OK, here we go. News, the news, the news, the news, the news, the news, the news, the news, the news, the news, yeah, we do.
07:54
Yeah. Oh, man. So this is like an extended news. Exactly. We're just going to talk about some different news stuff, right?
08:01
It's kind of like our our show that we tried to start back in May.
08:08
Yeah. And then out the bones and then it kind of got a good reception and then it just I know is it was the summer was was a little different for us.
08:17
So the idea lives on. Yeah, for sure, man. In theory. So that's what we're doing. It's always good for us to have conversations about real life.
08:26
You know, I mean, I mean, yes, of course, theology is exactly what's on.
08:33
I'm sorry. I'm sorry. But yeah, just have just talking about culture and how, you know, we live through some of these things that are happening as as believers.
08:46
So what's on your mind? So here's one from the Daily Mail that's in the UK. The virus rules are blamed for 23 percent dive in young children's development.
09:00
Disturbing studies show scores and three key cognitive tests slumped between 2018 and 2021 with face mask rules among possible culprits.
09:12
So, yeah, that was amazing. Can I make a comment really quick?
09:17
Please do. And you can tell me if your brain works this way. Yep.
09:22
People watching and listening. Please tell us, too. OK, so they come out with a vac, a jab.
09:30
There you go. OK, we're going to use some certain words. Yeah, we got to watch it only for only for children, because shadowbanning is real people.
09:36
Yep. And we've noticed that. So they come out with this jab and and they say it's strictly for kids nine or eleven and under works perfect for them.
09:45
Literally the whole entire world says to who and to the CDC in the United States to go. But the kids aren't getting it right.
09:52
Like they don't need it. What are you talking about? And they're like, oh, no, they got to have it. We're going to start get put it in schools and we'll give it to the schools free.
09:58
We won't charge them. You're like, OK, this insanity all over again. And then literally two weeks later, now we have a new variant that only attacks kids.
10:05
Right. Exactly. My brain goes, wow, that's perfect timing. Exactly. Now. Well, along with that,
10:11
I don't know if you heard this or not. OK. And I'm I'm going to say something that that that I saw somewhere that I do not have it in front of me where I saw it.
10:21
OK. But they said that in South Africa, they were doing really well down there with the numbers. Yeah, that's right.
10:27
And then all of a sudden the next day, like this new variant shows up, it's like in that area like, you know, but it's like it's like, you know, by us saying those two things, it sounds like we're conspiracy theorists.
10:42
It does. Right. But but it's just not true. It's not, though, because look, you're supposed to.
10:47
Biblically, you're supposed to be wise as serpents, gentle as doves. You're supposed to use discernment. And now we've also been been bombarded for the last, you know, 20 plus years with the mainstream media that just carries the water for for whatever narrative.
11:02
Right. That certain people are pushing, whether it's in power or politicians or corporations or whatever it is.
11:07
And, you know, I saw a meme a few a few months ago and it said that, you know, conspiracy theories are the new spoiler alerts.
11:14
Right. Right. Because that's the truth. Right. And especially if you follow that stuff, you just see conspiracy after conspiracy.
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Then it's like, oh, no, it's true. And no one it's almost like no one cares or we have such short attention spans.
11:26
We just go, oh, well, move on to the next thing. When in fact, you know, my kind of discerning brain goes,
11:33
OK, we had we created a solution to a problem we didn't have. Yeah. No one really took it.
11:40
And so then we created a problem. Now, I'm not saying that, you know, that variant was created or not.
11:45
But like you're saying, and we showed such low numbers in across Africa and South Africa specifically, and then literally the next day or two, it's like, oh, no, we got we can't even allow flights.
11:57
Exactly. From there. Yeah. Which that's hilarious. Yeah. Remember when Trump wanted to shut down flights from China and they said he's a racist.
12:06
He doesn't like xenophobe. He's a xenophobe. He doesn't like people of Asian descent and this and that.
12:11
And then Biden does the exact same thing to Africa, but not a peep. Exactly. Out of our mainstream media, which is insane.
12:18
Right. Not insane. I take that back. It's par for the course now. It's exactly what they want. But to end to end this story real quick, this this study,
12:28
I wanted to add this in, but the study concluded that children born during the pandemic have significantly reduced verbal motor and overall cognitive performance compared to children born pre pandemic.
12:43
In addition, the report adds masks worn in public settings and in school or daycare settings may impact a range of early developing skills such as attachment, facial processing, and socio emotional processing.
13:02
So everything what people were saying, like lay people. Yeah. Because they have common sense. When you take a two, three, four year old that needs to see have visual eye contact.
13:11
Yeah. The human brain is still imprinting up into the age of six years old. We go, hey, that can't be good.
13:17
Now they're coming out. And that's that's a study that came out, you're saying out of wherever. Yeah. Yeah. Yeah. That makes sense.
13:23
Once again, conspiracy theories. Right. Right. Exactly. You have a whole group of parents and concerned citizens that say, hey, this isn't going to be healthy and goes, oh, no, it's fine.
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And then six months, eight months, a year goes by and they go, oh, wait a minute. There are drastic mental health effects, developmental effects for children.
13:39
And you just go win. That's why I'm convinced. Well, I'm convinced of depravity because of this.
13:46
Oh, yeah. I'm convinced of man's original sin and man's fallenness just because we continue to push through on things that, you know, we used to call them common sense, but I don't even know if you can call them common sense anymore because it's not common.
13:59
Right. Seems to be the minority. But we keep pushing through on these things that are not godly, not biblical. They're not common sense.
14:06
They're not, you know, air quotes natural. We would say, you know, natural would mean created by God, the creator.
14:12
But we just keep pushing on these things even when they're not. Yeah. You know, even the whole conspiracy theory on Dr.
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F, you know, he's this great guy. Right. This, you know, this this scientist and this leader who's going to tell us when we should mask, when we should shut down, when we shouldn't.
14:29
Right. And then he flip flops and, you know, and then you've got guys like Rand Paul from a year and a half ago going, hey, this guy like did all this research and he, you know, what was it, gain to function or function to gain or whatever it's called, you know, did all this this kind of sideways stuff.
14:45
And they went, oh, he's a crazy conspiracy theorist. And now, you know, a couple months ago, not only was he locking little baby beagles in plastic cages and watching fleas eat their faces out, he was doing all kinds of funding, all kinds of despicable things and and funded it.
14:59
Right. Exactly. Once again, the conspiracy theory becomes the spoiler alert. Exactly.
15:05
Yeah. Craziness. Yeah. We've seen quite a bit of craziness over the past couple of years, that's for sure, especially on the progressive left side.
15:15
Sorry. Sorry. I'm not sorry. I calls it how I sees it. You know what
15:21
I mean? But as we always say, I mean, we're not saying that the left is the progressive left, you know, like the left is different than the progressive side of it.
15:33
Right. Yeah. I would say I make the distinction between Democrat, progressive, liberal and leftist.
15:39
They're all kind of four four buckets within the kind of left side, kind of like how you have
15:45
Republicans, conservatives, alt right and Tea Party, or they're kind of all different.
15:51
Yeah, they're all kind of on that side. But it's, you know, but I would say like classic liberals and Democrats, they're a little bit more moderate and conservative.
16:00
Your progressives and your leftists, they've lost their mind. I mean, JFK, I'd probably line up with a lot of things that JFK said.
16:06
Right. I think we talked about that before, like JFK was like, you know, pro -life. He was a
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Catholic pro -life. He was pro of sound money, anti -fiat money, wanted to end the Fed or reduce it.
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He was pro -guns. He was pro -business. He lowered taxes. And you're like, good Lord, this guy would be like a
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Ted Cruz Republican. You know what I mean? It's like, so that's how far the Democrats have actually shifted.
16:30
When you look at their, you know, their party now and you have the AOCs and the
16:36
Tlaib Rashid's here in Michigan, actually, and Nancy Pelosi's and it's like, yeah, it's like whatever her name is, late term, third abortions, climate control stuff.
16:46
You know, that's Elizabeth Warren, tax, Bernie Sanders, tax the rich at a hundred percent.
16:52
A few of them have said, exactly. We have, we have the makers and we have the takers. I mean, Elon Musk, for instance, is a maker.
16:59
This guy is doing things for humanity and he is trying to fix the problem.
17:05
You know, they want, they want climate, climate change. They want, you know, they want, they want control of what's going out of factories and how to fix it and go in electric and all these things.
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And Elon is doing it while he's making something to help them and their cause.
17:24
They're still like, oh, wait a second. You need to pay a little bit more to us because we're takers.
17:30
Right. Like that's exactly what he's, what they're doing to Elon. And now, you know, yeah, of course, if you want to throw me in the
17:38
Elon fan boy category, sure. Whatever. I like Elon Musk and I like what he's doing and I like all of their technology that they're working on.
17:47
Right. The only problem I have with him. Well, not the only, but there's a few. So I love
17:53
Bernie or with Elon with, with Elon is watch it. I'm just, I'm gonna be truthful.
17:59
It might not be popular with some of our listeners or people who are watching, but first of all, he's taken over $2 billion in government money, subsidies, subsidies.
18:09
So he's not like the self -made, he was a self -made millionaire, not a self -made billionaire.
18:14
He had 22 million in like 1999. So he had some money in the late nineties, but he took over two, $2 billion in subsidies, which is just a redistribution of wealth.
18:23
And you take it from me and give it to him. Secondly, obviously he doesn't have a biblical worldview. And that makes me a little nervous when he's talking about plugging into brain stems and AI and things like that.
18:34
Neuralink. Neuralink. Thank you. I don't mind when guys like Rod Martin talking about it, but he's on the podcast and he's like,
18:41
Oh my gosh, he wants to have a fleet of ships. We know Rod Martin has a world view.
18:47
Yeah. You know what I mean? We know that the Gary DeMars of the world, when they're talking about futurist things, have a biblical worldview.
18:54
When you have Elon Musk, not so biblical. And it just, it gets, you got to, you really got to watch it because I think that the thing that I think my point that I'm trying to make is just that he is doing something that they want.
19:09
Correct. And they're like, Oh, but wait a second. You still owe us. You know, we still need more from you, you know, and especially your money.
19:18
And like, just like we said on our capitalism show, I mean, is there really a point where someone needs $250 billion?
19:29
I don't think so. But like he employs 90 ,000 people. I'm pretty sure the last figure that I saw.
19:35
So he's actually trying to, uh, Oh, did we go offline? So he's actually, you know, helping families and doing these things.
19:43
And it'd be great if, uh, if Elon heard, you know, the, uh, the true gospel came on our podcast.
19:51
You know, it's crazy though. I think he would though. I, that's what I think it would be crazy enough to do it.
19:58
I think he would, I think he'd totally do it, but no, but I totally hear what you're saying. Yes. Obviously. Yeah.
20:03
Rod Martin would be the one to watch in that. And, but yeah, I mean, there are the, but like what
20:09
I'm saying though, is there's makers and there's takers and there's people that, you know, will never stop taking.
20:16
It seems that way anyway. And honestly, I don't want to go on for 30 minutes on this subject.
20:21
We could, we could. And we did. So if you guys, it's actually one of our more popular episodes, uh, the, the biblical principles of capitalism.
20:29
It's probably what, two or three months old now at this point. So go back, go, go back in dead men, walking podcast, uh,
20:35
DMW, uh, podcast .com, or just find us anywhere. You listen to podcasts, go back a few months and listen to that.
20:41
And we spent about a good 40 minutes on the biblical principles of capitalism. We talked about taxing the rich at a hundred percent, um, which kind of, if you don't mind, that brings me into the next subject
20:51
I wanted to bring up. I came across this, uh, MSNBC news article.
20:57
I do like to, uh, you know, kind of surf and cruise across a mainstream media just to keep up on what they're saying and what the agenda is.
21:06
This one caught my eye. It says opinion. Do U S Christians want to tax the rich? The answer might surprise you, but not
21:13
Jesus. All right. So it's a little click baby, right? So you click on it and I'm just going to give you about half the article cause it's long and drawn out and mostly opinion, but it's got a poll in there.
21:22
It says too often, Christian politics gets reduced to abortion and same -sex marriage topics. Jesus never talked about untrue, but okay.
21:29
The gospels do record him speaking out about economic justice though. Okay. Another kind of false narrative straw man.
21:37
Uh, who was it? Uh, I think it was either James White or R .C. Sproul said, if you have to put a word in front of justice, it's no longer justice, justice.
21:45
So there's no such thing as economic justice. Jesus didn't talk about that. But anyway, it says Jesus, we'll give it the chocolate, we're going to, we're going to give you that.
21:57
I did see a meme, honestly, that he put out that, that had that quote, but it could have,
22:02
I mean, he could have, you know, he could have borrowed it. Yeah. And go follow chocolate knocks on Instagram and Twitter.
22:09
He's always got good posts. Uh, he's one third of cross politic, which we like those guys over there. Uh, Jesus taught that it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.
22:20
Okay. So this is MSNBC. So you're going to hear a lot of twisted scripture, but it's going to get me to my point. His words came to mind as I watched
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Jeff Bezos board his private spaceship in July. It seemed easier today for billionaire to launch himself into space than for Congress to, you know, pass a law that says we need to tax the rich.
22:37
Uh, but it goes on and it says many Christians in the United States and America at large favor raising taxes on rich people in corporations.
22:44
According to recent polls, 60 % of self identifying Christians, which when
22:49
I read an article like this, I'm always questioning. Maybe this is why I kind of have, I don't know, maybe a righteous anger, not a righteous anger, but I feel like some people have said,
22:58
Oh wow. You really have a gift of teaching, whatever that means. And I just go, well, no, I just, I'm always questioning. I go, okay. First of all, self identifying
23:04
Christians by what, by what standard, right? By like what means. So, uh, believe that upper income people pay too little in taxes.
23:12
According to an April morning consult political poll. Well, 62 % of Christians, okay.
23:18
Believe corporations pay too little in taxes and 77 % of Christians in the same poll agreed that the wealthiest
23:24
American Americans should pay higher taxes. While 71 % said the same about corporations, according to another spring poll from America's for tax fairness.
23:33
Uh, and then it says 60 % of Protestants and 68 % of Catholic support raising taxes on the wealthy and corporations.
23:39
So has there ever been an article written that said what the
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Muslim community thought of, you know, like, like just like they tried to pull,
23:50
I'm sure it's out there. All Christianity all together into this one little under one little umbrella, you know, this is what all
23:59
Christians think. Nope. So I don't agree with most of that. Yeah. You know, it's like, well, herein lies the problem and why you and I always define terms on the podcast.
24:09
Sorry, everybody. I was mad. No, I'm joking. Uh, this is why we always define terms too, because, uh, just like, it's hard to say like, what's evangelical mean now.
24:19
Right. What does Christian mean? This is why I love Ligonier shout out to Ligonier ministries. My wife and I, we support them. We send them money.
24:24
They're doing good work. We love Darcy Sproul. We get table talk. Oh, that's my little 10 second commercial for Ligonier guys. Go check them out.
24:30
So good. Have, uh, every, uh, uh, episode edition or whatever it is for the last three or four years, but they do a poll every year and they pull 25 ,000 people and they ask the, the questions to define
24:45
Christianity. Do you believe in the Trinity? Do you believe in Orthodox Christianity with these three or four points?
24:51
Uh, do you believe that Christ is the son of God? Right. And they go through and what they found was like 68 % of the 25 ,000 people they polled at random that identified as Christian, 68 % of them did not believe that Christ was the son of God.
25:06
68%. So, so when you hear in this article, oh, Christians air quotes believe that we should tax the ritual.
25:14
What are we saying? Are we, is it, we're saying basically what I'm saying is the word Christian is now loosely thrown around just like your point was and they just group them into all, oh yeah,
25:24
I believe that there's something out there. We're Christian. Yeah. Yeah. Right. You know what I mean? So you're going to go to heaven. Yep.
25:30
Oh yeah. Oh, you're a Christian. Yeah. All right. But don't believe, you know, in the Trinity, don't believe that Christ was a deity.
25:36
Don't believe in Orthodox Christianity. Don't believe that you, if you, if you live by Romans one and Romans five, that, you know, there might be issues.
25:43
Yeah. So my point is, is when I read through that, uh, that kind of news story and you've got
25:49
MSNBC pumping out this garbage with these vague terms, 80 % or whatever it was, 62 % of Christians and 68 % of Catholics believe you're that the tech, the rich aren't paying their fair share.
26:00
It's like, well, who are you polling? How are they identified? And what area of the country are you pulling?
26:06
That's true. You know, are you, are you pulling people in LA or Los Angeles in New York city or even, or even,
26:13
Hey, are you pulling people in the deep South? You know, it's like, okay, there's going to be a difference of opinion in all three of those places.
26:22
Yeah. So I would just say this, this is kind of off subject, but anyone who reads through a news article or, or, or through a poll always go and find like what the polling size was, who did it?
26:32
Was it a double blind or single? Like, uh, what were the questions asked? Like, fine. Just don't quote a poll, right?
26:38
Polar, like statistics and numbers make them say anything you want. The election stuff, you know, like you would start seeing that on Fox or CNN.
26:48
Well, this many people think this about the president. Okay. Well, you know, who did you pull? Did you pull just conservatives?
26:55
You know, did you pull, uh, 82 % conservatives and 18 % liberals, you know, like, like who are you pulling?
27:02
So, yeah. Yeah. But, uh, it's, it's just crazy because it, well, we saw that in 2016, right?
27:10
Yeah. All the polls said Hillary Clinton, 98 % chance to win. And then it's like, it was like a self -serving poll.
27:16
Who was out of a hundred Hillary Clinton donate don't, uh, supporters 98 cents.
27:24
You would win. Right. Well, yeah, exactly. Of course they're going to say that's a crazy thing too. This is kind of subject
27:29
I'll let you get. Oh, you're fine. This is loose, man. Yeah, it is loose, but there's this awesome thing about, uh, the psychology of self -fulfilling or not self -fulfilling, but the psychology of being wrong to where people, when presented with facts that are contrary to what they just said will actually double down because they would rather be wrong or not wrong, but wrong about the subject.
27:51
And they did it with one of the examples was like Jimmy Kimmel. Well, he'll go around to people in Los Angeles and he'll give them, uh,
27:58
Hillary Clinton's, this is a couple of years ago, Hillary Clinton's top. Oh yeah. Yeah. Economic plans. And then he would, and they go, yeah, we love
28:05
Hillary Clinton. That, yeah, I agree with that. I agree with that. You know, she didn't actually say it. She didn't say it. Trump said it.
28:10
Yeah. Yeah. And they would literally say, no, you're lying. That's not true. It's like the psychological thing to where you double down because you don't want to be wrong.
28:19
You believe in your own statements or thoughts so much. Yeah. It's just crazy. And that's kind of what you see when you see these type of polls too.
28:27
But, um, I don't know what else, what else we got? Yeah. Yeah. I kind of rambled there. Sorry. No, you're totally fine, man. Um, uh,
28:33
I pulled an article just about the new variant, um, and what it did to the
28:41
Dow Jones futures. Um, and, uh, yeah, so anyway, um,
28:47
Dow Jones futures rose Sunday evening, which is right now, actually,
28:52
I don't know if everybody knows this or not, but the Dow Jones, the S and P 500, the
28:58
NASDAQ, um, the futures start on Sunday night at 6
29:04
PM. So the market actually opens on Monday, you know, but the futures start on Sunday night at 6
29:14
PM. Okay. But, uh, anyway, tonight, um, yeah, yeah. So Dow Jones futures rose
29:19
Sunday evening along with S and P 500 futures and NASDAQ futures with crude oil, treasury yields, and Bitcoin also rebounding after Friday's sell -off all eyes are on the newly discovered.
29:33
I am going to say that word wrong. Omicron Omicron. I think it's Omicron sounds like a transformer or something.
29:41
Um, variant, it is a transformer, right? Following, following Friday's sell -off.
29:49
So, um, so on Friday, the, the, uh, the
29:54
Dow dropped a thousand points. Okay. Um, the NASDAQ dropped about 300 points.
30:00
And I mean, the, the, the few, I mean, it's just as scarce, you know, people are, are scared in the market.
30:08
So they hear, they hear a new variant. So they think, Oh, there might be lockdowns, you know, or, or, you know, business supply chain might get, um, might get halted or, or things might not show up for business to continue to produce.
30:25
Um, now correct me if I'm wrong. You're not giving any type of advice here. Obviously not, not at all.
30:31
But isn't that the time to buy when people are like a little fearful? Warren Buffett says when people are fearful, be greedy, greedy, greedy, be fearful.
30:40
You're fearful. So wouldn't you, wouldn't this be like kind of, if you're doing this every day, or this is your business, wouldn't you want to look at those dips ago?
30:47
Maybe I should. So the thing about the dips with the, with the, um, what are we calling it tonight?
30:53
The virus, the virus, um, with the V with the virus, uh, you don't know how low it will go, you know?
31:02
So if people really get afraid and they just are just like, I need to lock some profits.
31:07
I don't know where the market's going to go. I'm not a long shareholder. I'm just going to sell now and wait until it really bottoms out like March of 2020 and just see where it stops, you know?
31:18
And then it starts coming back up. Some people will start taking advantage of certain stocks like, like, uh,
31:26
Moderna, um, bio and tech, uh, Pfizer, you know, all these different, um, um, jab.
31:34
Yeah. Uh, how about the fact that much Zona was $18 a share in January of 2020, and now it's trading at like over 300 bucks.
31:42
It's over 300. I think their top out was like four 80, four 90. I don't quote me, but yeah, man, it's, it's wild.
31:49
I mean, especially if you're biotech stocks are really, really erratic, man.
31:56
Like someday the MN, because if you're holding it overnight, say somebody says, you know, something, something might not have worked out as well.
32:05
Or you start hearing about more deaths or, you know, it not working as much, it's just going to drop like a rock overnight.
32:12
I mean, I'm talking like 30, 40 points and I mean, it's not a rock to most people, but you know, to me, if, if, if something drops 30 or $40,
32:21
I mean, I'm looking at that like, you know, especially if you have a thousand shares, it's like you drop 50 grand like right there.
32:31
Um, but yeah, man, I mean, it's, it's, there's a way that the market works where people will take advantage of this drop.
32:39
Some people will get lucky and you know, maybe doctors will just say on Monday, like, don't even worry about it.
32:45
This is just another, um, another variant, another thing shows up and you know, maybe they'll, maybe they'll say, well, all the jabs that everybody has, it's going to cover it.
32:56
So don't even worry about it, you know? But right now they're saying that unvaccinated are actually causing this.
33:04
Wait, they're saying unvaccinated are causing the new variant. Yeah. Because I have,
33:11
I have no idea. They just got it out for us. You know, it's just like, we'll figure it out.
33:17
Yeah, exactly. You non unvaccinated, healthy, have perfect immunity.
33:22
Yeah. Yeah. Get it a second time. It barely affects you. Right. People. You got all the antibodies.
33:29
Yeah. You're going to be just fine. Oh, you have an immune system that, that, you know, they're even socialist in their antibodies.
33:36
We got to share them antibodies. Or if you don't, if no, if not, everyone has them, then you can't have them.
33:42
Isn't that crazy? Even that's like envious, but yeah. So, I mean, what, what do you think, do you think we're going to see a bounce back on the, on the market?
33:51
We will. I mean, and again, this is, this is entertainment purposes only. I am not telling anybody what to do with your finances whatsoever.
33:59
But yeah, I mean, I think this week will be really interesting just because it's, you know, they're going to study it a little bit more.
34:07
Who knows, this could be a two, two week process, three week process, a month long process, who knows?
34:14
But any type of fear that is taken out of the market, it's usually the politicians that are, man,
34:21
I keep hitting this mic. It's usually the politicians that are creating the fear.
34:27
Whenever, whenever this starts to happen in the market though, you know, this is, that's where you're usually seeing the fear.
34:34
And if a doctor actually comes out and says something positive about it, it seems to get brushed to the side.
34:40
Well, you know, Bernie says, or Biden says, or whoever said that this could cause, you know, years and years and years of problems, you know?
34:50
And, and it, I mean, in this case, we don't know where this stops, right? Like, I mean, really this, this has gone on for, what was it?
34:59
10 days, 10 days to the curve. Yeah. Yeah. Yeah.
35:05
15 days to flatten it. Two years into it. So who knows where it stops, but market -wise the market will dump, but it always, always comes back.
35:17
And I, and I text, I message David Monson here and there, just, just, you know, here and there, like a couple of messages on Instagram and shout out to David.
35:30
He is with the Bonson group. He is on Fox. He said he'd come on the program. Come on. Yeah, man. I know you're busy, but you can get in here, but he does
35:37
Fox business. And I mean, he's out, he's all over anything financial, but he is a very, very wise man.
35:45
But he said this year is a, uh, the 600 point drops and rebounds, this is the lowest it's been in years past.
35:57
So what does that mean? So 600 point drop would be, you know, like, like the Dow going from 10 ,000 to, um, 9 ,000, 9 ,400.
36:06
What does he mean? It's been the lowest. I mean, so he's saying as many times as it's not like big swings.
36:11
Well, no, no, no. He's saying that it's, it's dropped 600 points and gained it back, you know?
36:17
Right. But it usually in the past, it'll do that. It'll drop 600 points a lot more and then, and then rebound.
36:26
So I get, just, just think of it as like, uh, it's doing it once a month right now, but it usually does it twice a month.
36:34
I don't really know what the statistic is, but you know, that's just what he was saying. So, you know, the thousand point drop doesn't bother a long -term investor though.
36:43
So, yeah. But, uh, but anyway, yeah, it's, well, let's okay. So let's switch gears here a minute because, um, we'll go from your industry to my industry because I came across something too, that I wanted to talk about.
36:54
I thought it was, it'll let me vent a little bit too, because I always tell people Zillow as a realtor is the bane of our existence.
37:01
Um, because, well, we'll get into that a minute. So Zillow came out, uh, last year and they said,
37:07
Hey, we're going to do this thing where we're going to start this whole department where we buy houses and then we basically flip them and sell them.
37:16
Uh, but we're going to buy them on our Zillow estimate and basically an automated valuing tool. And, uh, we're going to make all this money.
37:23
We're going to make, uh, you know, essentially, uh, real estate, uh, easier to, to perform because we're just going to charge a transaction fee and we're going to get rid of the realtor.
37:33
Right. Now they bought all these houses and they made all this money, I think last year in first quarter.
37:39
And then this quarter they came out and they just went, Oh my gosh, we're paying way too much, too much money for these houses.
37:45
So now they said, Oh, we're going to liquidate and we're going to sell them all, uh, by the end of the year, because we're going to be upside down and we're going to shut.
37:52
We're going to keep the segment open of the company open, but we're just going to sell everything we have because we, we might be left holding a bag here if the market really has a downturn because we overpaid.
38:04
Now a little background on this, why I chuckle one is because if anyone's a realtor or a broker or works in real estate, you know how inaccurate
38:13
Zillow is. They're either, uh, vastly, uh, to, you know, they'll give you a Zillow estimate and it's way too high, way too low.
38:20
It's just, it's nowhere near what the actual market is because in real estate there are extenuating circumstances, but for the most part, it's a pretty pure, uh, free market.
38:31
Uh, someone's only going to pay what they're, you know, what they're willing to purchase it for. Obviously there's things that manipulate that interest rates and obviously scarcity and, and, you know, certain areas and demographics and all that stuff.
38:43
But for the most part, you seek equilibrium with a, with a free market and all
38:49
Zillow does is pull old, uh, public data and things like that. So it's, it's never accurate. So the first thing you're combating as a realtor or broker is,
38:56
Oh, Zillow said my house is worth 400 ,000 and you go, well, no, it's, you know, the market bears 300 or 325 and they seem a little disappointed.
39:04
Yeah. Uh, but anyway, years ago, so I, so to bring this around, what, why
39:10
I'm laughing at this is because in the first three years of my real estate career, all I did was broker priced opinions, which were 50 page reports, six comps, three sold, three listed.
39:19
I would go out and I'd value for banks doing foreclosures for the city of Detroit for the mayor. I did 10 ,000 houses in the city of Detroit.
39:26
So in 12 counties in Michigan, I'd go out and tell them the value of this house is worth this. I would be all over the state.
39:32
And we did more, my father and I, as a business, we did more of those valuations than any other brokerage in the state of Michigan for 2011, 12, 13, and 14.
39:43
Yeah. We just pumped them out. We got really good at them. Uh, the, uh, Zillow and the
39:48
MLS and banks wanted to buy all that data from us that we were cultivating because they didn't want to pay the realtors to do that.
39:55
But that's why you needed boots on the ground because every market's a little bit different. Right. Jason, I would go into Detroit and there would be a hundred year old brick house, wrought iron fence lines at the front mansion, 10, 10 bedrooms, uh, you know, gorgeous, right.
40:12
Perfectly manicured burnout on one side, drug, drug, drug house on the other vacant lot across the street.
40:18
And I had to value the house at maybe this is 2010 or 11, maybe 30 or $40 ,000.
40:24
If I had a, if I could have picked up that house and moved it 20 miles North, it would be a three to $4 million.
40:31
So location is important. Right. And that's what they needed was kind of boots on the ground. And in my eyes as a, as a broker to go, okay, this is what
40:39
I think it's worth. Well, Zillow thought that they could cut that out into, Oh, we don't need people to actually tell us in an area.
40:45
We would just, we'll just use these automated tools that go well within a 15 mile radius. All these houses are selling for this.
40:51
So we'll purchase. Well, guess what? You can have a five mile radius where you have vastly different values, right?
40:56
Depending on little pockets and things like that. So, uh, I saw that and Zillow said,
41:02
Oh my gosh, we, we lost our rear ends. We're losing billions of dollars because they were just out there buying up houses, buying houses like, cause they thought, you know, well,
41:10
Hey, the market will bear it. And that's, you know, and people always need houses and scarcity is low, but at the end of the day, you do need some type of, like I said, boots on the ground, some real, uh, professionals looking at it and saying, no, this is what it's actually worth.
41:24
Yeah. Uh, and appraisers do the same thing. Um, well they, you know, actually we do different things, brokers and appraisers, but similar things to where they actually give an official value appraisers do.
41:34
And, and they've been being cut out of the process as well. So I chuckled to myself and I read this now, my thought was my first, once again, this is just the way
41:42
I read things. I go, Hmm, does Zillow want to dump all these because they need to make their money back?
41:47
Or are they dumping those because they like most, I don't want to say most, I have a personal opinion that we're going to see a little bit of a bubble burst probably within the next year, just because of what the market dynamics are.
42:00
There's brokers that disagree with me. That's fine. They can have their own opinion. Uh, I will say I was right about 2000, 2008, back in 2006, when
42:07
I was screaming at the rooftops that something was going to happen. Different situation though, then. Yeah. Yeah. Okay.
42:13
2008 is not now. So let's just get that clear. But my brain goes, are they, are they dumping all these houses and they may take a loss, but then that way they have cashflow.
42:24
So in the next year to then just buy them back up again, when we see a little bit of a bust, I mean, that's, that's what I would do. So are they, so are they buying just for instance, buying a $250 ,000 house, which is really only worth 175 ,000 and then selling it for two third
42:41
B. Well, now they're waiting. Like, how are they? That wasn't the, that wasn't the process to begin with.
42:47
They would just go, Hey, look at the market is increasing so quickly. One, even if we break even on it, we're going to make a 1 % transaction fee and that's where we'll make it.
42:55
Okay. So let's say they buy, you know, a 150 ,000 houses nationwide for four and a half billion dollars.
43:02
Yeah. They go, it's appreciating so quickly that if we make a profit on it, that's great.
43:08
Even if we break, even we're going to make 1 % on the sale. So we'll make three grand on that 300 ,000 almost becoming like an agent.
43:14
That's how agents and brokers get paid. Well, then they realize you just can't go out there and automate your value and buy a house for 300 ,000, sell it for two 50 and make 1 % you made 2 ,500, but you lost 50 grand.
43:27
Right. Right. Yeah. Yeah. Yeah. So now they're upside down. I can't remember the exact numbers, but it's, it's billions.
43:33
Gosh, man. So they're upside down and they're trying to liquidate before the end of the year. But my brain just goes, yeah.
43:39
One, you want to make your money back, but two, uh, you want to have some, you know, some, some cashflow to where if we do see a receding, which
43:48
I believe it's in a year and that's a whole different episode. If you want my professional opinion on why I think we're going to see some home prices, you should really do that.
43:54
You should definitely do that. In a year, um, they would have cashflow to then just buy them back. Yeah. That's crazy.
44:01
But yeah. So that was a fun one. If you're interested in real estate or the housing market, go read that whole article.
44:07
Um, you can find just put in, you know, Zillow in, in like a Google news search. I saw, I keep seeing this one meme where this guy says
44:15
Zillow bought my house for X amount of money and then came back to me and asked if I wanted to buy it back for like a cheaper amount.
44:23
Like, like it was something crazy. Like he, he sold it to them for 325 grand.
44:29
They came back to him and was like, Hey, you want to buy your house back for 275 grand? That's what's going on right now.
44:35
Are you serious? That's so crazy, man. Well, so the their point is, so here's what most people would say.
44:41
If, if Zillow doesn't think the market is going to go down and you know, have a downward turn, then just hold, hold on to your assets because they might not appreciate as fast as you thought, but they'll still appreciate.
44:54
Yeah. Why are they doing a complete fire sale right now and taking fifth, you know, 10, 20, 30 % losses most likely because they're betting, they're hedging their bets against next year, right.
45:06
Which, um, you know, prime interest and what the fed is doing and, uh, what the average house sale is and what the average medium income is and inflation all plays into that totally situation in 2008, but you're essentially pushing the middle class out of being able to purchase a house.
45:20
Right. Um, and like I said, I'm not going to get into that tonight. That's a 45 minute conversation, but maybe we do cover it somewhere else, but I wanted to bring it up for newsy news because that's a big, that's kind of an indicator.
45:30
Housing markets, a big, uh, indicator in, in our economy, just like inflation is a super important to watch.
45:37
Um, consumer price index, important to watch stock market is important to watch. Uh, housing market is, and I kind of feel blessed that you and I are in like two markets that really are on the pulse of the economy.
45:48
We're kind of at the forefront of like, it kind of gives you a little, right. You know, a little advantage, a little vantage, you know, seeing into the future, a little cash.
45:56
If you, if you can get into some of these stocks, entertainment purposes only, by the way, I am not a financial advisor, but, uh, yeah, it's, it's the, yeah, it's a place to be, ladies and gentlemen.
46:09
It is fun though. Yeah, absolutely. You got anything else? That's it. Yeah. 45 minutes. We went a little bit longer.
46:15
We were like, let's just try to keep it around 25 minutes. We say, okay, really quick.
46:20
I'm just going to listen to like our, our thought process is, well, we only got three, four subjects can be stretched out to 20 minutes.
46:27
And then we always 45 minutes later. Uh, hopefully you guys stuck with us the whole time if you did, but okay.
46:33
As we wrap this up, I do want to say this, um, guys, we appreciate you so much.
46:39
First of all, all of the people who are giving us feedback, um, who are listening, who are telling a friend couldn't do it without you.
46:45
I think Jason, you feel the same way, right? Yeah. I mean, yep. You know, uh, that we can't grow without you telling people we don't advertise.
46:54
First of all, no, um, we have not advertised. I think what we might've like, like plugged one poster for like 10 bucks on Facebook or something, but I mean, we don't advertise and we're constantly growing.
47:05
Um, we've been growing from the day that we started on April 11th, 2020. So I want to say thank you to all of our listeners and friends and family who listen and then share it and tell other people about it.
47:16
Um, all glory to God on that. Also we've got some crazy, and I gotta tell you after we go offline, uh,
47:22
I got some new merch ideas. I know you do too. We got some crazy merch guys at our site. It's pretty cool.
47:28
We've got, uh, Mari Povich, uh, the, the Bible determined that was a lie. Uh, we've got, uh, wine, um, dine, um,
47:34
Rome, Romans nine. Um, uh, we've got, uh, some of our CRT in school,
47:39
CRT in school, Christian reform. Let's make sure we say that. Yeah.
47:44
You guys need to go check out our merch site. Go to, uh, www .dmdevpodcast .com.
47:50
We made the shirts, uh, they're, they're extra high quality. They're like buy and try blends.
47:55
And then we've also lowered the price to where most shirt, you know, podcasts are charging 25, 30 bucks a shirt.
48:01
We got them at 22 bucks. We want to make them affordable. They're great stocking stuffers and they help support the show.
48:07
It allows us to do things like have a website and stream live to you, uh, go to conferences and cover them for G3 and fight, laugh, feast, and all those other things that we go to.
48:16
So we so appreciate you guys going there and supporting us at www .dmw podcast .com.
48:24
Click on the merge tab, and then you can check through a look through all those shirts. We do appreciate it.
48:30
Jason, uh, what do you got for the folks before we head out later dudes, Jason, the man of, well, not tonight.
48:38
I was going to say a few words, but not tonight, man. I had a few things to say tonight. I like it. No, I'm joking. I like it.
48:43
I I'm always, I'm always so scared. I get too scared with this microphone is scary guys.
48:49
I don't know if everybody knows that. I will say this too, but we were built, not built with the spirit of fear.
48:56
That's right. For an introvert, uh, for an introvert, you do very well.
49:01
I'm like, uh, I'm like in between. Are you in between? I'm in between. Okay. You do very well on a microphone. Thank you.
49:07
Thank you. So guys, thanks so much for listening. Make sure you comment, check us out on Instagram, Facebook, YouTube, all those places at dead men walking podcast.
49:14
And as always, God bless. Let's end this podcast.