cover of episode Here come the Foreclosures in Las Vegas? The Power Move EP 10

Here come the Foreclosures in Las Vegas? The Power Move EP 10

2021/9/10
logo of podcast Escaping the Drift with John Gafford

Escaping the Drift with John Gafford

Chapters

The discussion explores the implications of El Salvador adopting Bitcoin as its primary currency, including market reactions, potential risks, and the broader impact on the global economy.

Shownotes Transcript

From the art of the deal to keeping it real. Live from the Simply Vegas studios, it's The Power Move with Jon Gafford. It's another extravaganza of knowledge. That's all I can say. Welcome to The Power Move.

My name's John Gafford. With me, as always, Colt Amidon, not liquored up in the middle of the day. No, I'm training for my Olympic day. For the equestrian Olympic day? He's power walking. That's it. Power walk. And Chris Connell, Esquire, with us, as always. So, start the show today. We're going to talk about a lot of things. We're going to talk about market crashing again. I'm going to talk about Bitcoin as the El Salvador thing happened today. We'll talk a little bit about some bankruptcy laws that you need to beware of in the real estate world today.

And just some other stuff. And what I'm talking about is, you know, hey, we're number one. Is that horseshit or is that real? Oh, yeah. Let's talk about that. So first of all, I think we should talk about El Salvador, man, because if you didn't know, El Salvador today made Bitcoin their primary currency base. They have this lovely plan where they're going to give all people that live in El Salvador a card or they'll give them a Bitcoin wallet where they give them the equivalent of like $30 US in Bitcoin. And now they're there. And

So that happened today. The price of Bitcoin dropped 10% because of it. I don't know if those two things are correlated. If you know those markets, they are as elastic as elastic. They're more elastic than Stretch Armstrong. It's up and down, up and down. But here is my thing. I mean, we talk a little bit about the internet. We talk about why you should never argue on the internet. And somebody that I know made a comment, and they were talking about how this was great for Bitcoin and this and this. Now, obviously, this is someone that

He is very heavily involved with Bitcoin, probably heavily vested in it, God bless. And I made the comment, I said, "This is going to be an absolute disaster based on the fact that it's El Salvador." Right? And I said, "You're essentially giving them all access, so you're essentially turning all of these people into walking ATM machines, is what you're doing."

And I got this immediate kickback from this person. He was like, oh, it's just fear and uncertainty and doubt or FUD, as the Wall Street bets crew likes to call it. And, you know, you just don't know what you're talking about. I'm like, dude, this has nothing to do with Bitcoin. I'm not talking about Bitcoin. I'm talking about the fact that there's tens of thousands of people at the Mexico border fleeing the gangs of El Salvador that want to chop their heads off with machetes. MS-13. And you're giving them all –

Walking around where they have these these wallets and he's like no no they would just be able to trace it by chase I'm like dude. They can't control people from getting their heads cut off and you think they're gonna chase $30 for us It makes no sense that's people you know we talked about that the other day John about people that don't travel not a perspective on stuff You go to these places if you've never seen a South American favela Yeah, then you don't know what poverty looks like or you've never been to you know, I

most Tanzanians seen people living with one piece of metal as a, as a, as a door for their home. Literally that's their home to this day. Seriously, you should get a t-shirt that says this cause that's the greatest thing you've ever said. When you said I've never seen a well traveled racist that they choose to see the world beyond their own television. Right? No, I mean, you know what? Hang on a second. Cause I didn't do it then. Cause I didn't do it then.

Yeah, there he goes. We're still on the old sound. We need... You gotta help us out. I got nothing yet. I got nothing worth having, so I gotta get back to it. I go back to what you were saying. But yeah, no, it's just one of those things where it's like you don't understand the abject poverty that people are living in. You don't understand what they need to deal with.

That's not to say they don't live interesting, fruitful lives in their own way. Sure. But you can't do things top-down a lot of times. They have to be done in their own way. There's a lot of people that, you know, in some Salvadorian fish market or something, Bitcoin wallet, I'm supposed to go on the internet and go to a cafe? No, that gentleman over there with the face tattoos, just go see him and he's going to help you out. He's going to help you out. He's going to make that go away. He's not going to enrich himself on you guys being handed out some government inflationary card with...

30 bucks on it. And it's funny how...

Going back to the original guy that was arguing with that, you weren't arguing against anything he was saying. No, not at all. People get so defensive on the internet so quick. I think people in life, even in business, if you bring up something, people just go into defense mode anymore. And yeah, it's a bad thing to always just be on the defense. It's the Dunning-Kruger effect. People have to, you know, they fall so in love with their own thought process, they have to do anything to protect it. And me, I won't take positions. Who was that?

Ben Grant or said, oh, you're a flip-flopper. You've changed your opinion on this political matter. He goes, that's because the facts as I know them have changed. Yeah. Of course I've changed my opinion. The facts are different now. Or one of the Beastie Boys once said when they called him a hypocrite for his changing his stance on women, he's like, I'd rather be called a hypocrite than never learn and grow anything. Right. Yeah, I think it's a weird thing. But we do that in America. We have this thing where

You need to be the same way that I think of and remember you at the time. Like when, when Trump got booed for telling people to take the vaccine. Yeah. It's like, well, wait a minute. That's not a guy. Maybe his information's changed. You don't know what's gone on, but if the information's changed, why wouldn't you change with it? Well, because, because people wrap their identities to the beliefs. If their beliefs change, it's going to damage their identities, which causes a problem. Yeah. Dissonance. Yeah. It completely causes that.

Yeah, the Bitcoin thing in El Salvador, I find it interesting that you have a young politician. He's a very young guy. He's trying to be innovative, and I understand. I think it's interesting to shake it up a little bit. And what was the El Salvadorian peso? I mean, I don't remember what it was. What was it tied to before? It's the American dollar that's going to face probably hyperinflation. We need like a fact checker in here. They can work the Google machine? It's not too bad.

We need like a chip. Chip, what's that? We can just kind of glance off camera over here and just chip. Is that true? So there's a lot of people out there, mostly libertarian bent, that want to go back to commoditizing their money or having a gold standard or something like that or a consumer basket. I think that if you did it with a Bitcoin...

I'm not a Bitcoin guy. I own zero Bitcoin. And cause I'm an old man and I, you know, I'm just not moving with the times, I guess, but it does at least if you tie to a currency to a store of value, you're going to have ups and downs, but at least there's something about it. So you can't just print Bitcoin. See, that's, see that my friend is where you're wrong because you can't just print it, but, but the mining of it, it's like 80 some percent mind. Okay. So there's a kid that works for me named Durham and he comes in and, uh,

He's had some family issues over the last year, so I haven't seen him a lot. And he just kind of came back in the other day and he said, this is what I've been doing. And he's been mining Bitcoin and Ethereum. And he's like, I'm going to get you in. And I said, okay. So if I tell you how complicated on a scale of one to 10, do you think mining Bitcoin would be? You know nothing about it. If I knew nothing about it, I would think it was some big process where you have all these. What about you, Colt? What's the process? It's 10, right? Okay. This is what the process for mining Bitcoin is. You ready? Okay.

You order this box. It's a computer. They're very expensive. All right. The more expensive they are, the more expensive the components are. All right. They're very expensive. You send it to a data center. All right. You don't even have to go there. You literally have the computer mailed to a data center. You say, plug it in, hook it up to the internet, send me the IP address. That's it.

I mean, that's still looking at about eight, John. I'm from 10 to eight. It's still a 10. It's still a nine and a half. Nine and a half. So it's like Jason Bourne where he's like slipping in computer servers. No, no, no, no, no, no, no. How many people do you think know how to find their own IP address? No, but you don't need to do that.

You call the data center and say, tell me the IP address of the machine. You link the IP address to your wallet, and that's it. You just let the machine run. So you know what you're talking about, John? I do. But I didn't until I talked to somebody that did. If you told that to my dad, you would have lost him. The third word out of your mouth, you just lost him. Buy black box.

Right. Okay. From where? From where? Right. Okay. That's part of it. I mean, granted, I'm going to piggyback on this guy's deal. These boxes, the ones in the more expensive the box, the more efficient they are, the more efficient they are, the better they are. Because how you figure out, and there's a website that'll show you every machine really that's a Bitcoin miner that's out there running. And it shows their efficiency levels. He pulled up the site. I looked at it and I was like, okay, he's like, see, these are more efficient.

They take less electricity. Then you find a data center based on how much they sell you a kilowatt for of electricity. That's how you're going to gauge your profitability as machines. He's got the machines that he's turned me on to that are coming out here in the next, it's supposed to be out in November. They make, they're going to net about $160 a day.

I got a buddy that's mining Ethereum. It makes $10 a day. Well, Ethereum's different. It's way less. It's way, way less. And his machines are prominent. These machines are like $18,000. They're not cheap. So I'm like, all right, I'll go in for X amount of machines and put them up there. And you plug them in. And you're really, like anything else, all of these, it's like the NFTs we talked about. It's a lit fuse. You know what I mean? It's like you're basically investing in something that

Can I earn my entire investment back before this thing implodes? And at least with the, and the thing I liked about this was,

The components of this box as it sits, even if it gets obsolete for its current use, the box itself is still worth $3,000 to $4,000. Just with the components. Cobalt and lithium. Yeah, all of the stuff that's still in it. You're still looking at that much to resell this. So, yeah, I'm going to do some Bitcoin mining here in November just as a different business. I mean, like I said, there was an article we talked about last week about those two kids that were mining Ethereum that were making $12,000 a month or whatever they're making.

I, it just, the way that people are making money right now is just insane. There was a, there was a tweet that came out. I don't know who said it. It wasn't, it just said a guy made a $1.26 million for holding a crypto punk NFT for 20 minutes. And then he said, after that, he goes, if you went to business school or any type of an economist,

Your head is just, you have no idea what to think anymore. Right. Like you just have absolutely no idea what to think in the modern. Well, that's because you talk about investing versus speculation and gambling. And I'll always fall back on that.

And I like it. I like that people are out there gambling. That's how innovation happens. They're out there speculating. But an investment is something where you go, okay, you have a calculable return. There's some going to be speculation on how it turns out, right? But to say like a lot of times that has to do with what's currying favor. And I always go back to Beanie Babies because there was a moment just like that that you could have sold these Beanie Babies for a ton of money. So if you're on the upside of the Beanie Baby trend, if you had Bre-X at the right time, if you had Enron at the right time,

everybody made money. Like 50, 49% of those people made money.

That's what people don't realize, that up until this half of the hill, people have done well. People have made money. Made a lot of money. I mean, dude, I killed it on AMC. I just got out early. I have no idea what it's trading at today. I think it might be back in the 40s. I don't care. I had to run up to 70. I was happy as a clam. Sure, sure. Gosh, I think I'm gone. And the guy that bought from you at 70 and sold it at 65 is the guy that lost. Yeah, for sure. And I think it's anything like that. There's always that. That's just what it is. Pump and dump type of stock. Because it's kind of zero sum. Yeah.

Because you are... It is a zero-sum game, right? You are getting... Whoever's buying on the back end is losing on the front end or whatever. However you want to do it. I think it's just... I mean, crypto... Well, I think... What were you going to say, Colton? No, I was going to say crypto, it might not be a zero-nothing, right? Like, we...

10 years ago, if we were having this conversation, people were like, what the hell are you talking about that? I think that in another 10 years, I think, I mean, El Salvador to make that their currency. Did you pick up on, did you pick up on the, for those of you listening, we're really cold, appropriates the Spanish culture. We're sorry. Sorry guys. Sorry. Didn't mean to, but I mean, look, if you're going to cancel us over there, it should be, I think,

But I also get like the NFTs. Like I saw a meme that I sent to him. The guy's looking in mirror says you own that JPEG. Right. And it's, but again, it's that pump and dump type of stuff. Like Mark Wahlberg and Boogie Nights. You're a star.

But there's money to be made in that. There's money to be made in all of that. I mean, you look at trading baseball cards, but I just don't know what's going to make the dragon. Well, here's the thing, and I'm going to tell you, it's making me rethink my investment strategy a little bit because my investment strategy has always been about 50-30-20. And what I mean by that is,

50 is relatively safe return. I know that I'm going to be able to pull 6% out of it. It's just going to churn that way. 30% is higher risk. And then 20% is, eh, I mean... To the wall, yeah. Yeah, I'm throwing it to the wall. Maybe it could... It's where I put my... Yeah, you never know. Take big swings. It's big swings. And I think that you've got to take big swings to make this work. But now...

With the speed at which things are happening. And this is the stuff that keeps me up at night. I literally sit there. So if you're at home trying to figure out the modern economy, don't feel bad. I think it's a lot of us. And I've really thought that. I've rethought that. I've said, man, I've got to get to a point where...

You know, I'm taking bigger swings. It's going really now 50-20-30. I mean, 50 is going to always be kind of that moderate, you know, I know what I'm doing. It's tough. I know what I'm doing. 20% now is going to be a little bit riskier, and then 30% is going to be high risk because the upside is so much higher now than it used to be. Like, I mean, a risky stock in the stock market, I mean, a risky stock is –

You look at a risky stock. Like right now, if you were to buy Tesla, which I find Tesla to be a risky stock, it's not going to double in the next 12 months. These Bitcoin mining machines, they'll be paid for on the estimates for time in 5.6 months. I'm going to double my money.

In 12 months, and they're good for four years. And it could stop tomorrow. They could stop making, bitcoining, mining, a thing. But it's a higher risk. But the upside is phenomenal compared to what it was. Yeah, yeah. Those opportunities are going to exist. And I don't know if that just means that things are just inflationary.

or that that's what's accounting for all that stuff, there's a greater supply of money. I don't know what it is. It just seems relatively greater or whatever. There's definitely more money. Where it's being allocated is weird too. See, I'm a little bit young, so I don't remember the –

the nineties internet craze, but it kind of feels that way where so many millionaires were made. So that, that four years of just the internet, I started a.com. Yeah. And it feels like it's almost that type of a, an era where you, you get in, you're going to make a lot of money, but it also could end. And who knows, you know, you know, it's funny is that brings me to my next point, which is, you know, and I made my internet challenge and I love my internet challenge where I said, any of the prognosticators, uh,

that say that the real estate market here is going to crash in Las Vegas, let me know. And I see a video, and somebody commented on our video from last time saying there's factors that we weren't taking into account. That's what they said. There's factors you're not taking into account. And I'm actually probably going to title this segment, The Market's Going to Crash, is probably what I'm going to entitle it. So if you watch this, ha ha, I gotcha.

The reason I'm gonna do that is because this dude posted a video on Facebook, or on YouTube, and the title of it was Las Vegas foreclosures are coming, which is a heavily searched keyword because people are like, "Well, the market's gonna crash. "We're gonna get all these foreclosures."

And this dude went through, and he went through a very organic evaluation of the market in a way that economists probably have been doing it for a very long time. And one of the matrix that he leaned so heavily into was job creation in the market. That's what he was really leaning into, saying,

you know, there's not a lot of high paying jobs being created in Las Vegas. And my first thought was, obviously this is a dude that does not live here. And my first thought was, and I bet him in the comments, of course, I said, I'll bet you $10,000 right now. This doesn't happen. Like, here's my info. I'll bet you 10 grand. I mean, he didn't respond shocker, but the one thing he would like, we all went to this party. We all went to that, that, that event where I spoke, went to that deal. And how many of those kids in that room,

There were millionaires. How many of them have jobs that you would see on a jobs report? Not enough jobs. Not one of them has a job that you would see on the job. A lot more agents. Right. But what I'm saying is there is a shadow economy.

being created through the internet, and all of those people are flocking to Las Vegas. Yeah, tax savings. Well, because, I mean, it's cheap to live here. It's relatively inexpensive. There's no state income tax. There's all these great reasons to do it if you are wealthy to come here. Objectively good reasons. But I think that I'd be cautious to think that there are a lot of great paying jobs being created in Las Vegas insofar as how people think of jobs. So you're right. Right. But we do hang out with...

We're around people that are probably more likely to do it. So if you were to go into maybe a different neighborhood, maybe they wouldn't go, yeah, there's no good jobs. Nobody I know is having money. My neighbors are having greater problems. You know what I mean? I always do that. I always think, well, this is happening in my experience. In your realm. Yeah, in my realm. Oh, everything's kind of looking great. But my point was this, which is,

The economy has changed. I mean, like this. I mean, in a light, the way, if you look at how people make money, the amount of money they're making, where they're making their money, how they're doing it is moving so heavily to online. Some of these traditional metrics that you use to gauge things are out the window. You're totally right. And so this guy trying to use, it's essentially trying to use 1999 math

to solve a 2031 problem. And it just, you can't. Well, to your point too, employers are starting to realize that they can have people work from home and exact same productivity. And now they don't have to pay for them. They're asked to sit in an office. So their employment might be in...

Silicon Valley, but their residence is right here in Las Vegas. I mean, there's just, you can't, you can no longer gauge those things by the, by this old type of, of metrics anymore. It just doesn't work. And I think Vegas has kind of always been that way. But I think we've created a lot more quote unquote, no normal jobs in the last 10 years. We didn't have before. Like there was a, our, our,

Our economy has diversified over the last decade tremendously. So I think that Vegas has always been that. Yeah, maybe the guy on paper shows he makes $40,000 or $50,000, but you're not taking the fact that he's taking another $40,000 in tips. You've got these nightclub kids. They're making $150,000. But on paper, if you're looking at it, they're $20,000.

dollar a year workers, you know? So I think there, there's that aspect of it. Not, not including the, what you're talking about, that dark, dark, you know, internet money. Well, not to mention every single business, it seems like I go to is short staffed. Oh yeah. Every business. Yeah. There's no shortage of jobs. No, whether they're good paying or not, whether that's different. I mean, the unemployment benefit thing ended yesterday. So yeah. Hands-on employment ended on Labor Day. Oh man. Did Cruz get smashed for that? Did you see what he said? Did you see what he said? No, I didn't. I missed it. What'd he say? Yeah.

He said, get a job. He got smashed for saying essentially the solution to what he's at. Yeah. I find that that's the thing about the, the, the internet. When you go on certain things, depending on your, your, how you lean politically, I see a lot of sea change in the way that young people talk about employment and I'm

I'm cautious because, you know, I'm fairly center left leaning person in general. And I think that, yeah, it's better when people have good jobs and, you know, support the middle class. I like a strong middle class in my economy, but,

A lot of young people, comments, and I'm talking about thousands, not tens of comments, about how employers are all thieves, capitalism's theft, this concept that my job owes me something. To me, I'm just a bit more free market about it. I go, well, I have a business. I pay my employees well in my business.

But I, if you come up to me and you, it's a $10 an hour job and I offer to pay you $10. Why are you mad at me? Well, like we said before, not all jobs were meant to provide a living wage. Sure. Like 16 year old kids have to have somewhere to work because they just want to get a car. That's the right. I think you can maybe have a step up in wages. And I understand that I love and respect the fact that there are people doing these jobs and I don't look down on them because it's necessary for an economy to have all types of levels of

Not everybody can be making $100,000 a year. It just doesn't work. Well, and here's the thing. People talk about, you know, they talk about, well, there's this guy in particular, because I watch his video. I mean, I didn't just like smash him and say, I'll bet you 10 grand. I mean, hey, man, I'm not perfect. Teach me something. Show me something that's correct. And, you know, like we talked about earlier, people are unwilling to back off their position. I'm totally willing to back off my position if somebody shows me something that's real. But, you know,

you know, some guy from 400 miles away is going to tell me the pulse of this market that I work in every single day. Like, no, it could be completely. And the worst part is this dude gets 40,000 hits on his video because of the way it's worded. Cause he, cause he's telling people what they want to hear. Yeah. They don't want to hear the truth. They want to, they want to, they don't, they don't want to hear that. That's not real, that there's tons of money. Majority of people. They don't, but they don't want to also hear is there will never be a forgotten of a gutton or glutton, if you will.

Clinton of foreclosures because the hedge funds will buy them up because they want to turn this into a giant rental market. I was going to completely mention that. So there are a lot of things that have completely changed because there's so much money available. So much money. If this time comes around with the foreclosures, as you mentioned, the inventory won't sit there on the market. No, not at all. It's just going to be just decimated. And the pricing would be exactly the same as it is today. It's not going to change. I don't think that we didn't touch on this the last time, but

you know, there was something to be said that banks didn't know what they were doing back then. Yeah. Would you not? I mean, you both handle a lot of bank stuff and I think that banks had not a clue what they're doing, got into being property managements and I really, they realize how big of a shit show that was. I mean, being property management, asset managers that I think banks are going and said, you know what? Like,

everybody's just flooding. It wasn't really that banks were taking everybody's properties. A lot of times people are handing their keys. Oh, they're like, I'm done. So, but again, people have too much equity. Equity doesn't get foreclosed on guys. It just doesn't happen. They're going to do a workout. They'll figure it out. If there was a negative spiraling, right? It can get out of spiral with prices drop past points of equity. So that's, but it wouldn't because, because again,

It'll get gobbled up. The hedge funds are still cash heavy into their assets here. They're going to protect that position by dollar cost averaging into anything else they can gobble up. They're still doing it. Yeah, I think that's going to change. That's my problem with it, though, I think, is that there's going to be a lack of individual home ownership, possibly. Oh, that's for sure a problem. That's already a problem. You're going to create a town full of renters. 1,000%. That's the goal of the hedge funds because here's the problem. Here's the problem. And a lot of people don't understand this.

Hedge funds don't need to make a cash on cash return. They need to make an ROI return. They don't care if they're cashflow positive. As long as the ROI and they can continue to drive the market, they're fine. As long as they can continue to lever against those assets because the value goes up, they're fine. Right.

They're not looking like mom and pop HGTV investors that want to make a 6% to 7% cap rate. Right. That's not what they want to do. Yeah, they have a different economic reality. Totally different. If you say cap rate to a hedge fund guy, they will laugh you out of a room. Yeah, they don't care. That is. On a private resident.

but in commercial spaces, they don't, they don't talk to cap rates. They talk about just IRR stuff like that. You'll never hear a guy say cap rate. That's how I know how big of an investor is. I need this IRR with a five year, seven year hold or whatever. IRR, internal rate of return. Well, they'll have programs like they'll have things. They have internal criteria. Yeah.

I can tell. I can tell. The cap rate is still just one of those things where you go. It's a generic, simple way to just throw stuff out. But yeah, you'll sit there and you'll watch these guys that went to the, what was your seminar you said last time? Joe's home seminar that they saw and paid 200 bucks for. They'll come to me and show me. Shaky Jakes. It's always Shaky Jakes. Shaky Jakes. They'll come to me and show me. Flip your home seminar. Oh, I'll buy $20 million worth of stuff and they'll show me one page document of their returns. It's like, all right.

Like if you're really going to spend 20 million, you're going to show me 15 to 30 to 40 pages of stuff. And you can tell there's that. But, you know, especially in a market, people always try to talk the Vegas market and don't live in Vegas. And you have to live in Vegas to understand Vegas on all aspects. I totally agree. People don't get that. Here's the thing. I would never sit here and talk about the real estate market in Houston, Texas. Yeah. Yeah.

I can look at some stats. I can look at some math. Houston's going to fail, John, and here's why. Here's why. Let's clickbait these guys. Yeah, I would never make a decision. News it next day, Houston's market crashes because of what I said. John's on the podcast. John Gafford crashed the Houston real estate market. No, but I would never even dream of making a call on that without talking to a local expert in that market.

And I damn sure wouldn't go on to make a video. So you know this as well as I do, though. There's a lot of people that are great realtors who do their job to put in the work. And then there are people that claim to be experts who are full of shit and have absolutely no reason to feel the way they do about it other than just repeating shit they heard from their broker or their buddy or whatever. That brings me to another thing. Another interesting thing I saw this week, which I thought was funny. Ryan Steumann, who's in one of my mastermind groups recently,

the hardcore closer, check him out if you don't know who he is. Ryan, we're not saying he goes, all realtors have to say they're number one. Like, like what are you, like, what are you gauging that against? And I can tell you like for us, like we, we do have signs around town and say number one in luxury. And this is what I based that on. I based it on, we had the highest average sales price of any large company, which tells me we sell more big homes than anybody else. You think the next guy's going to go the way we're number two? No, because there's,

Exactly. He's going to be like, we're number one in customer experience. Yeah. There's no, there's yeah. It's totally subjective, but yeah, everybody has a word. Number one. And the point is, is the, the question is, is it, does it work? Do you think it actually works? I think it works for us. I know it works for us. I think there's a lot of people that if that's, if your marketing is going to hit them and in general, it's not going to be word of mouth. It's whatever it's going to be. They look at your advertisement and that's, what's going to turn them. Right. And they go, you're number one. That's, I just needed to hear that.

Yeah. Why? I just didn't know that. You look like your number one. Especially people that are not maybe educated in whatever it is, right? Number one, great. You know, and I think we talked about, you know, why just solds kind of work a little bit just to give that, you know, I know what I'm doing, right? Yeah. But that number one, you see that on everything. And to me,

again, you can, the same car dealerships will say we're number one, right? And it's like, well, we're number one in the guy across the street is number one. Yeah. Everybody's voted something. It's like, you know, voted from your buddy. One guy voted for you. So you voted, you know, this group or whatever. It's, it's, it's all horseshit. It's, it's,

It exists because people like to feel the comfort that, oh, this person's out there. Somebody cares about them, whatever. Yeah, it's like Tommy Boyd who says, well, there's a guarantee on the box. There's a guarantee on the box. It's a guaranteed piece of crap. Shit, the box. Yeah, but it is. It's exactly the same thing of just being able to say that it's what it is. But I think if you have a stat up –

I think you should have to be a little bit clearer about what, why, why your number. Yeah. And I think on your marketing, if you're doing marketing, if you can show us that, what you're saying that will, I mean, if somebody sent me a mailer with like, I'm, I get this in my neighborhood all the time. Number one in your neighborhood. And I'm like, no, you're not. I,

You're not. No, but if someone said I'm number one, I've sold X amount. You know, we have a guy, Eric, that he owns a neighborhood and he can truly say he's number one in it. And he can show the statistics. I think if he shows statistics, it's a great marketing. If not, yeah, you're going to get some. He got recruited by another company.

And the person that owns that company lives in this particular neighborhood. Oh, yeah. And he sold 127 other homes and that person has sold three. 187 out of 190. And he's like, well, if your broker can't even close deals in her own neighborhood, why am I going to come work there? Yeah, to that exact point, it's...

I was just trying to find a way to tell you I could stick my head up a cow's ass. Get a look at a butcher and a butcher's ass. No, not quite it. Wait a minute. Not quite it. Yeah, but that number one in whatever for people, it does give some kind of sense of thing. Yeah.

And so it's a valuable marketing thing or branding. I should say branding. I think, I think, I think if you're going to use any type, I mean, look, I can find a stat in anything to justify something. And I think you should use stats just by your performance in the market. Figures lie and liars figure. Well, sure. But, and if you don't, and if you, and if you're newer in the business, especially real estate, you're going to work for a company, leverage what that company is. Don't go out on your own. It's better to leverage what you, what you do.

and be able to use the company. I always tell people, you know, brand yourself, but leverage us. That's what I tell all the agents that work here because I want them to brand themselves because again,

I think we have the best company in the world. If we did not shut it down, but also I could get hit by a truck tomorrow and the place could go to hunt a handbasket. So you need to create a brand around yourself, but leverage the company that you're with to create more sales. So we're going to take a quick break real quick. When we come back, what are we going to talk about? We're talking about the random Peloton shirt in my office. I don't know. Yeah. We'll talk about a little bit about bankruptcy law with attorney Chris Connell and something goofy. You might want to look out for if you're thinking about buying a probate house, we'll be back in just a minute.

Hey, it's John Gafford. If you want to catch up more and see what we're doing, you can always go to thejohngafford.com where we'll share any links that we've things we talked about on the show, as well as links to the YouTube where you can watch us live. And if you want to catch up with me on Instagram, you can always follow me at thejohngafford.com.

I'm here. Give me a shot. Oh my God, that's a power move. That's a power move. That's a power move, kid. Back for part two of today's show. Man, I got to tell you something crazy that happened. This is crazy. Crazy, crazy. Got to go fight it. And this is nuts. So...

We had a client and it was one of our buyers from one of our agents here. Went into escrow on a probate property. All right. And the property was listed for $319,000. Needed a little bit of work. He goes into contract for $299,000. All right. This is a guy, doesn't have a lot of money. You know, some iffy stuff with the loans. Can't quite get it done. Gets the loan done and needs an extension. Okay.

gets to the end of his period, asks the seller to give him an extension. The attorney says no. They kick his deal out, keep his earnest money. All right, which, you know, I get it. Hey, man, you said you were going to get it done. Seller does not have to grant you an extension. I understand that. It's all well and fine. It's good. So the guy loses his money. Explain to him, hey, man, no fault of ours, whatever. It just is what it is. Moving on.

So about, then I get an email from the attorney saying, Hey, we've liquidated the property for less than your purchase price. We're going to seek damages. I don't even look into this. I was just kind of like, man, I just said, man, I've seen some shitty money grabs from attorneys, but this one takes the cake. I think it was my response. Send it back to them. And anyway, so tomorrow there is a hearing for this attorney because apparently they turned around and sold it to a flipper for 260, which was way below market value. Right.

way below market value and now this attorney this probate attorney is chasing our old carl buyer client for the difference between the 260 sold and the 299 he was a real gen contract with plus attorney's fees is what he's chasing our client for is that on a nevada apparently that well no no no no it doesn't matter apparently that is part of the nevada bankruptcy code now

It brings me a lot of things. Equitable powers under 105 oftentimes prevent that because that, to me, I would see being a very unjust thing

sort of action especially depends on sort of how they would have to prove up the damages yeah i don't think it's just damages like i can liquidate it for a dollar and then sue you because that's essentially what they did yeah but you know there has to be some stalking horse bid there has to be you have to understand all the evidence that goes into that i'd say i mean well the hearing is next wednesday we're gonna we're gonna take a look but

I mean, I'm just, the reason I'm saying that is because honestly, I mean, we've done, I mean, we do, we do 5,000 transactions a year here. And unfortunately, as much as I wish I told you, I knew everything about anything. I don't, you know, I look it up as it comes along. And when I heard that and I realized that these guys are using, you know, an obscure piece of statute legislation to go through this, I was like, wow, because I mean, we've had tons of deals. Probate or bankruptcy? Probate.

This is a probate. She said it was under bankruptcy code, though. Sorry. What did I say? I'm sorry. That's what confused me. I didn't know. No, no, no, no. I'm sorry. This is all probate. This is not bankruptcy. Probate. Okay. My apologies. This is a probate case. Equitable powers under 105. Please don't go to court and cite equitable powers under 11 USC subsection 105. Chris Connell. It's not going to really get you anywhere citing 11 USC subsection 105. He's working with what he's got, which is bad information for me. Terrible information for me. The probate code, that is interesting. I've...

I've done some summary administrations and probate. I haven't done a lot, but I do know that you can apply for attorney's fees for a lot of stuff. I don't know what that contract is, but it probably wasn't under a standard Galvard. No, no, no, no, no, no. What? No, it was, it was standard Galv. I was a standard. What's it's LVR now, not Galvard anymore.

It's no longer the Greater Las Vegas Association of Realtors. It's just Las Vegas Realtors. So us Henderson folk are just kind of out in the cold. But that was what Cole had nothing to do with. When did that change, by the way? Like a year ago. Really? They wanted it to be simple. So it was like a year ago they changed that. But anyway, yeah, it was a standard LVR contract. On the addendum, it said that this contract is subject to all of, and it stated the probate statute in an addendum. Wow. But wouldn't it...

For damages like that. Where you put your toes in crocodile infested waters. Yeah. I mean, I just, I think it's, but I just think it's a dude. This is a guy. Okay. A couple of things, a couple of things about this. Number one, this is a cat that if he had finances, he wouldn't have not had his loan come together. It's not like he just slow rolled him and decided not to buy this. Okay. So first off, here's the thing.

Sue away, sue away, get a judgment, get an order, and then try to collect it. First thing. That's the reality of judgment. Maybe we've talked about this on the show. I can't remember. My go-to is this. There is no justice for basically under $30,000. And there's justice for those who have money over that. So if you don't have anything...

The world, the justice system doesn't apply to you. It applies to you at a criminal level because you get into it, you can't get out of it. But on a business or financial side, swing for the fences if you have nothing to lose. And I don't mean be fraudulent, but if you don't have anything, I've gotten quarter million dollar, half million dollar judgments for people and just light them on fire. They're worthless because there's nothing to get on the end of it. It's like what was Anna Nicole, or not Anna Nicole, OJ. They'll never get what they were.

That's quite the lead, Colt. How do I go to OJ? I'm not Anna Nicole. I'm OJ. No, no, not Anna Nicole. But their whole family got all that judgment. The Goldman family. The Goldman family got all that judgment. They'll never receive nothing. They'll never get a penny because he's hiding it. He's got people he can duck and whatever. And maybe he gets caught. But here's the other thing. He's probably got homestead protection. I mean, Colt brought it up. Let's talk about it.

Did he kill him? How do you know? No. How do you feel? Cause this is a thing in Vegas. He very much so murdered those two people. I know, but it's, it's not controversial. No, it's not. But here's the thing. I, when I see, and I've seen some young guys that I know in town, uh,

that mentor whatever. And, and OJ hangs out in Vegas. If you're not listening to this, he's, he's hanging out. People run up to him like he's some fucking non-murderer. Yeah. Like he did beat his wife. Yeah. And they run up and they're, and they're take pictures. Like it's like, it's funny to get pictures with him.

And it bothers me when that happens. So I did this one time, and I regretted it just because of how it looks on me. But somebody posted a picture of their picture with OJ, and I posted underneath it the two bloody photos of Ron Gold and Nicole Brown Simpson's massacred bodies as they were found in police crime scenes. Like,

that's who the fuck you think is interesting. That's cool. That's funny. So do you have a kid? Do you have a daughter? Do you have a mom? Would that be funny to you? So here's the thing. This is going to sound really stupid, but if you shoot somebody like Lee Malvo with a sniper rifle from 1,000 yards away, that to me is far less sickening than...

literally stabbing somebody with a knife repeatedly times face to face. That's just the reality of, that's why war is difficult for snipers and drone operators. But this man took a knife and he, he brutally murdered two people and left their bloody bodies there. And his DNA was all over the place. And just, unfortunately you found the 12 dumbest people that don't understand how DNA works. You could,

You know, anyway, we'll get off that. Aren't you guys? Thanks, Colt. Ran over, but no, but it makes sense. Colt's just bringing the strong content today. Let's talk about the juice. We were golfing the other day at my club, and there was a glove with a T in it with a note from OJ that says, if you find this glove and the glove don't fit, I'm on another course. Shut up.

That's not real. I found it. This isn't like, oh, my brother. And you think OJ really did? Absolutely. I think he played ahead of us. And I was sitting there thinking, why is this guy here? Who allowed this guy to come to my private? Like, he should not be welcome. No, not at all. Just because the justice system didn't find you guilty doesn't mean the fucking universe has to forgive you. Well, take away the murders. He was a wife beater, right? He was a wife beater in jail. To me, it's a good thing.

And he went to prison anyway. People got upset. So we're having cigars. He walked into a cigar lounge and I'm like, get his ass out of here. And people got mad. And I said it so he could hear it. Then they were ordering some food. I said, don't give him a fucking knife. Like I was just making smart ass comments. And people were getting mad. People were getting mad. I'm like, you guys think this guy's, this guy's a piece of shit. Piece of shit. Like he's a piece of shit. I will go on record right now. Fuck that guy. Yeah. But back to the probates. Sorry.

You're winding me up. Just because I do, the justice system already takes so much heat for being inefficient. And it's true, it does. And I agree that the state has a job to do when somebody's found, to put somebody away in prison, deprive them of their freedom, it is the state's responsibility to prove their case. And it is a system that is, with the jury of your peers, and with defense, the best defense you can muster for yourself, I get it all, and I stand by it.

But there are times when the universe cracks in half and you can literally find the 12 dumbest human beings alive to talk about a subject that they have no right to be commenting on. Top five worst cases that you get upset for.

That one is number one. Yeah. Really? You know what one I think might be number one for me is that Casey Anthony. Casey Anthony was very disgusting too. But here's the thing. People think this term beyond reasonable doubt means beyond all possible. Right. So they think it's like you have some impossible standard. If your defense counsel is good enough and they make it seem like, well, that is the standard. That's the jury instruction. Yeah. Beyond a reasonable doubt. But a reasonable doubt is a doubt that...

Right, right. Reason is still the part there. Now, what's reasonable to a flat earther is not reasonable to Chris Connell. Well, it's like saying reasonable that, yeah, he did it right. But if your kids was online death-wise, would you still go at them? Maybe not, right? A good defense attorney does throw that out there and messes with that. And I think that's how he got off. Well, he got off because people didn't realize that,

Well, we found his DNA at the scene. We found his blood. There's a 911 tapes going, OJ is coming to kill me. Who could it have been? So they thought, you know, oh, because there was a distrust of the police. So that had to do with Rodney King. And it was a culture of distrust at the time. And he just rode this wave of all perfect things coming together for him specifically. People are obsessed with him. Everybody knows.

What happened? Everybody knows that that glove, if they didn't make him try the shriveled one on the actual one, if you had bought it from the store, it fit perfectly. And didn't tell him not take his arthritis medicine. But people are just people are think that is no, they really did for like weeks. They're like, don't take your medicine, let your joints, you know, but it is. I was at a party and it was a who's who of Hollywood of music and any everything.

And everybody just kept talking about this one guy. Don't you love Zoom? Who is this guy? Yeah. No, no. But it was. And do you know who it was? Who invited you to a party? I know, right? It's called Cameo. It cost me only 500 bucks. And I had like 30 people. There was lots of celebrities there. But everybody was like talking about this guy, this guy. And this guy's just long hair, blonde hair. I'm like, who the fuck is this guy? It was the. Kato Kaelin. Yes. Yes. And they were so stuck.

These are major stars were starstruck by this guy. And I'm like, have you ever seen more footage of any program you've watched in your life? Take the wire, take a, what's your favorite show? Whatever the OJ Simpson created more footage than literally anything that you ever watched. Real housewives altogether. Didn't put the footage out there that the OJ trial did. Yeah. It was on TV forever.

Anyway, sorry for getting wound up on that. But it's like the Michael Jackson thing, too. Michael Jackson knew exactly what he was doing. Oh, yeah. His attorneys coached him to put on his pajamas and go jump on that car and act like a fucking baby. Oh, sure. Oh.

I don't know stuff. Vincent the chin gigante or whatever. They walk around his bathrobe in New York for the mob trials in the 50s. Oh, look, his mind is... No, that's all totally scripted. Michael Jackson knew what he was doing. Those kids could identify his penis and things on it. And his attorneys... And it's their job to do what they can do for their client. That's the way the system works. And I have no problem with that.

But there were times I've talked to some of the council on the other side of it that know this. And Eric Dubin wrote this book called Star Chamber about Robert Blake and Michael Jackson, all this stuff. He said that Michael Jackson, after they were done, he goes, go fuck yourself. Oh, I'm sure. Totally arrogant. Totally.

Totally knowing what's going on. Wait, said that to the defense? To the prosecutor. Oh, God. And so what you don't see on camera will tell you a lot of the story, especially about trials. Yeah. Do you listen to his music? Because I found myself listening to R. Kelly today, and I was like, God damn it. Well, unfortunately, a Michael Jackson song will come on that slaps. I don't like it. And I go...

God, what? You know, it's like Daniel Tosh says, you want to beat your kid enough to get the thriller out, but not so much that he rapes kids. And that's what he was and that's what he did. And his was sort of so far past in the annals of time and there was no criminal conviction. He just gave him a ton of money and did this oftentimes. Little kids that had, you know, emotional problems and developmental problems a lot of times. That's why I no longer get invited to those dress up parties, the mystery murder things. Did I ever tell you that story? No.

Yeah, so...

I, if you, all right, look, if you want to have one of those murder mystery things where y'all dress up in a costume, this is not the kid to invite. I would love to invite you. Don't invite me. Cause here's why. Cause I'm going to make it weird. And, um, Anthony Romeo, he's an agent here. Good friend of mine. They had one and his wife wanted to really have it. So they sent out the invitations and mine said, my character was Joe Jackson, baseball player that has amnesia, has amnesia and can't remember anything.

I just didn't bother to read past the word Joe Jackson. So I dressed up as 1970s straight up Joe Jackson. The picture's amazing. I'll actually, I'll try to post it on YouTube if you guys can see this, but I'll get up there. And literally all I did was walk around this party all night long. You're talking about like from the 1800s Joe Jackson. No, no, no,

I'm talking about like Michael Jackson's father. But you were supposed to play an old-timey baseball player. Yes, I was supposed to play an old-timey baseball player. But instead, I literally had... Joe Jackson got all excited? I went full 70s Joe Jackson and then just walked around this party bitching about Tito don't practice enough. That's all I did the whole time. Latoya's shaming his old family. I was told that I ruined the party.

I think I brought the party to a new level. You made the party. Well, plus, I mean, I think what was worse is our friend Scott went with us, Hurlburt, and it was one of those, like, two seconds into the party, I looked at him, I'm like, my wife's like, Scott's the murderer. You can just tell. Scott's always the murderer. Yeah, he was going to literally need OJ's defense team to get off. Scott looks a bit like a strangler. Yeah.

He just was. So yeah, so just keep in mind, if you ever invite me to your murder mystery party, I'm going to make... Oh, dude, one time I got invited. No, I got invited to one and I had to be a cowboy. I went as like a super ragingly gay stripper cowboy. I'm talking about assless chaps, the little hat. And it just made it so uncomfortably weird for everybody that I think some people actually left because of how weird I made it.

party but we went we had a uh anything but clothes party once which means you just put you wear anything was this at the neighbor's house but like people would wear like all sorts of weird stuff right like uh pots and pans and shit like that and some guy just walked in naked it was like oh that's what the party that would be anything yeah he goes misread that speaking of this look I

Did I tell you about the Peloton shirt? I had heard very briefly. Yeah, I came in the office. Peloton shirt. And there's a mystery Peloton shirt. I came to the office, got a mystery scotch, but I found out who it was. No. I walk in. Yeah, exactly. You get scotch. And you get a Peloton. And I get a giant packing box with one Peloton shirt. Maybe someone's telling you that you've got to work out. Listen. It was a box? It was a giant packing box. And as you look inside of it.

Had one Peloton shirt and a look at it. Now, keep in mind, I think it could have been something you said. Maybe it was a silent protest from somewhere because it had like a rainbow Peloton thing and it said lead with love.

It could have been something Colt said that got us in trouble. I don't know. Don't get us canceled, Colt. We love all people here. Everything's been positive on my end. If we get an OJ club, next week we know it's coming from you. Even 9-11 was positive. We are coming up on the...

The anniversary of nine. Yeah, dude. Because like I totally remember where I was during the OJ thing. I was having watching the watching the truck race, whatever. Oh, like the Bronco. I remember that. No, the Bronco. Yeah, I remember that. And nine. Like, like, there's only a few events in life that I remember exactly. I remember. Yeah. And then the 9-11. I remember exactly what it was. I was having lunch with my only Muslim friend.

It's such a weird thing because I was having fa with my Muslim friend. And I remember when it happened and we're just both like... And they were developing and I think they had kind of early... Anyway, I just looked at him. I go, this is not going to be good for you. I just remember thinking like, this could be really bad for you. And it kind of came... I'm like, oh...

This actually may have repercussions for people I know. And then it's just one of those weird things where it's a 21-year-old. I was 20, I think, when it happened. So I'm like, man, that's kind of a weird situation that my only Muslim friend I'm hearing, they're like, we think this is a terrorist attack from whatever. And it's both like, ooh. Yeah. I had a buddy. His last name's Al-Qaeda. Yeah.

It was a rough traveling for the next couple years. Is this a dad joke? No, no. His last name was. I swear to God, this is a dad joke. No. I might. I don't know one of these. His name is Alan. Like Alan Kaida. His last name is Al Kaida. I think one of these might have crickets on it. No, that's a laugh track. There you go. Laugh track. No, it's not a joke. I'm being dead serious. And every time he would go through. No, I'm not a buddy, Alan.

Every time he would go through TSA. I thought I had crickets, but I don't have crickets. TSA would magically, oh, you're randomly selected to be patted down. So who is he? Is he Arabic? Yeah. Or was it like Alan tied with a K-A-D-A or something? No, it's, no, no. Alan.

Al Qaeda? Al Qaeda. No, no, no. The K is silent. Yeah. No, but it was a bad thing for that whole family. And it was, you know. It was a bad thing literally for everybody involved because nobody, America didn't get out of that. Afghanistan didn't get out of that. Bin Laden didn't get out of that. All the people jumping out of the building. God. That was horrible. Think about tragedies, right? Yeah.

Think about nobody's better. There's nothing we've learned from that. We've gained nothing from it. It's one of those things where you say, oh, well, we have the new Freedom Tower. No. It didn't really create a sense of any kind of lasting nationalism. No. Unity for like six months. Here we go. That's what we were talking about. In New York, people were kind to each other for the first time ever. And we were joking with Brother Cole because he's talking about silver linings.

about how people really were treating each other well after 9-11. He didn't vocalize that. He didn't do that. I'm trying to help him out here. That never aired, so we can say I did. We could say we did. What you meant was there's silver linings about people being together and treating each other well. But the problem is that's gone again. That's gone. Even in New York, it's gone. People forget things. We have a very short lifespan of things to matter.

We forget Supreme Court decisions. We forget a lot of stuff in this country can turn. It's not that big a boat where turning around takes that long. So we think these things are just problems in the future, right? It's going to be a problem in the future. It's going to be a problem in the future. That future could literally be six months from now that you thought was so daunting or so far away or so remote.

And it's not, it literally could happen within not just your lifetime, but in your, in your, well, let me ask you, do you feel, do you feel like, cause this is, I literally had this conversation with my wife last night. I was like, I feel like everything is going so much faster than it was a year ago. The velocity of money has been fast. Me and Chris, before we came on here, we were just talking about how just everything is condensed, rapid, you know, just the economy, everything, everything's so much faster in life.

And when the Dow would go down a thousand, Oh my God. For 700 point. Yeah. Those didn't happen. Now they happen with high frequency. Yeah. It was down. I mean, it was down like 200. It was down by 200 before lunch. But guess who was up? Yeah. We were both up today. Both were good. We were both up there. Sorry. We lost money today. Me and Cole both did pretty well.

You know, and do you think we'd have that since, I mean, October one, the shooting brought Vegas together. That was, that's probably the only other time in our lifetimes that had that. But hold on. Like, did it really? I think for a little bit. But I don't think that if something like that happened right now, I don't think that it would even unity for even a month anymore. I think what's sad, and I noticed this when I was in El Paso,

is you look up and there's these billboards say El Paso strong, El Paso strong. I feel like every community now has some sort of tragedy that is occurring, unfortunately, that requires that saying to be going on. Probably just not enough thoughts and prayers. Oh, God.

It's probably with the problem. Speaking of which, we talked a little bit about the hurricane last time, and I wanted to say that I did actually interview my buddy Robert Stone, who is one of my good friends down there, and he told me where to donate money. I've already donated money to the people of Louisiana, and it's through what's called the St. Bernard Parish Organization. It's the best place to donate money to people in Louisiana who would actually get in the hands of people that actually need it. If you want to do that, it is...

It was SBPUSA.org. SBPUSA.org. So check that out. Anyway, I'm sorry. Sorry, I didn't mean to cut you off. No, no, no. If you were Colt, I'd have cut you off. Somebody from New Jersey was showing me a picture of his friend's car that is hood high in water.

That's crazy. And when you think about the power of water and what's happened to all those homes, it's so devastating. And if we're out here, we don't understand what a flood does. I was just going to say, out here we are...

You don't comprehend that. No. Right? When you look down your street. There were a couple days this summer, though, that I think we all got a glimpse of what it was like to deal with global warming if it's out. Oh, yeah. Good Lord, when it's 119 outside and you're like, you've got to be kidding me right now. Yeah. And, John, you had a little taste of it with your thing exploding off and your son kayaking in your backyard. Yeah. No, it's crazy. It's crazy what's coming. Yeah.

And whether people want to say it's man-made or not, I don't care. I think that probably having 8 billion people pumping out coal into the planet, probably not great. I mean, I'm not an earth scientist. They all seem to be in a consensus. But that said, things are changing.

Now, whether you like them or not, you have to learn to adapt and grow. Yeah, I mean, I still think if there's a tragedy, you're going to see people pull together because I think it's what people do. People will do that, yeah. I think they would do that in the face of a tragedy. It's unfortunate that I think the world...

I think the world since I think to your point, when you say you don't think it would happen again, I think what you're referring to is the world's become so much us in them. And so polarizing, it seems like it's more polarized now than it ever has been. And some of that I think is social media. Some of that I think is some of the people we've had in power that, that play that card and play it hard and have really pushed for that. But I think, I think we need to probably start working to get a little bit more back to the middle. Like we talk about to, to try to,

I try to get on the same team, I guess is a good way to put it. Do you think we'll get to that point? I blame social media the reason we can't get to that point. And people putting too much trust into the media when they don't realize ratings, it's all money, right? And I don't know. Well, I'm going to say something I can't believe didn't come out of your mouth. But you know what we kind of need?

What? Alien invasion. I mean, I'd be all right. No, we've already had that. Nothing happened. Not illegal alien invasion, Colt. Jesus. During COVID. No, we're not talking about the migrants, Colt. No, we're talking about little green men with laser beams is what we're talking about. Because think about it.

Every disaster movie you've ever seen where there's aliens, what happens? Okay, but first off. Everybody pulls together. We know for a fact now that that's not being hidden, right? Because I'm pretty sure the last guy would have let us know. Yeah, no, no, for sure. But what I'm saying is if that was to happen.

Yeah. Like think about all the disaster movies you see. Just say Independence Day, John. Independence Day, okay. But at the end of it, when you see like the big spaceships blow up, what do you see? You see the people in France jumping around. You see the people in Turkey jumping around. After America saved them. You see the – You're welcome. You're welcome, world. You're welcome, America. You're welcome. You're welcome. It wasn't just being historically accurate. It wasn't the Canadians. It wasn't Russia in like World War II, right? No, it wasn't.

You're welcome, America. Oh, God. No, for sure. But, you know, I think you get something like that because, I mean, let's face it this way. It damn sure wasn't COVID.

Because we didn't all unite as a people against COVID. No, and that's the thing. People are going to... We're at a point now, John, where there would be so many people going, those aren't real aliens. Those are actors. Those are government plants. You can have things literally happening in front of people's eyes now, and there's such a disconnect with what's truth. And that's selection. People...

I don't realize how many people on my Facebook that I add, because I'll add agents and I'll add stuff. I like to be known out there because I'm a guy. I don't think about it in that way. I add people. And people pop up out of nowhere that I didn't even know I knew, and then they start posting the craziest shit. And so it's an immediate unfollow, and it's like, oh, my God. You know what I think, honestly, should be like required curriculum now? Did I say that word right? No, I think I did.

What should be required learning, if you will, in high schools? I think you should make every kid watch the movie Idiotacy. Because I think we are in overdrive to that actually. I call that a snuff film. To me, it's like watching Faces of Death. It's horrifying. It is. For those of you who have never seen that movie, it's about Owen Wilson goes in the future. Wait, which one? Luke Wilson. Luke. Luke Wilson goes in the future. And the future is basically...

it's full of idiots because P because society has become so dumb down as a society. It's terrifying. Yeah. And like, and like, and I think that stressed me out too. Cause last night I'm sitting at home and that, that, that, uh, Jake Paul fight is on showtime for free. I ain't giving you a nickel to watch it, but I'm like,

Let me see if this yo-yo can box. And the fact that that arena was full of people to watch this dude who's not a boxer box. It's Schadenfreude. I'm like. It's Schadenfreude. Schadenfreude. It's German word for taking pride in other people's misery. They want to see me knocked out, but he won't because then everybody can do it. But the point being is, oh my God, this is like something you would see on Idiotacy.

Yeah, idiocracy was a documentary. No more sports. Let's watch famous people beat each other up. I don't care about sports anymore. I want to watch famous people beat each other up. It is a race to that. But to the counter of that, there was this article in The Economist just came out about the illiberal left.

Okay. Now that's a phrase that I kind of really don't hear very often. Someone I've heard, I kind of looked it up and the illiberal left, it's that shutdown of extreme leftism. It's the shutdown idea of being not liberal. People complain about being about liberals. A word liberal takes its root from freedom. But don't they call those people fascists? Isn't that the fancy word that the super left liberals would use to call those people? Well, that,

The thing is that we've gotten to the point where our words don't even matter anymore. We just say things that don't actually make sense. I'm one of those people where I call people that want to shut down everything, the cancel culture. That's the illiberal left. Yeah. That's now, that's now what they're called to me.

Anybody that wants to not have a conversation or dialogue to just shut you down and scream you off a platform is an illiberal leftist, right? Not interested. How do you pull those people back to the middle, right? Never will. How do you pull them back? Well, it's going to, at some point, they're going to be tough.

Well, alien event, alien. If you're beaming, listen, aliens, if you're on YouTube, put your lasers on stun, but come down and like make a show of it. So we can pull this. We can pull. Yeah. I mean, don't actually come down here and zap everybody or be like that. But seriously, just knock down together. That's what we need to do.

invasion from mars style that's it yeah exactly is that not the greatest exactly probably is that the greatest alien film i would have to go with exactly well guys pinball machine 100 well let's wrap it up for this week again if you're watching on youtube make sure you like and subscribe comment on it if you like if you're watching if you're listening to us on podcast make sure you subscribe so you get notifications when we're up there

Next week, we'll talk about does Colt actually have pants on? You're going to want to kind of tune in when you see that. I know the truth because I'm sitting here. You at home don't know. Just as well. Yep. And remember, if you like what we do here, make sure you tell somebody about it so they can listen too. But if you hate it, tell two because, again, it doesn't matter if they're talking good or bad. What is it, Chris Cotto? Tell them three times. As long as they're talking about you. As long as they're talking about it, it makes sense to us. Take care, everybody.

Hey, it's John Gafford. If you want to catch up more and see what we're doing, you can always go to thejohngafford.com where we'll share any links that we have things we talked about on the show, as well as links to the YouTube where you can watch us live. And if you want to catch up with me on Instagram, you can always follow me at thejohngafford. I'm here. Give me a shout.