The Megyn Kelly Show - March 14, 2023


What the Silicon Valley Bank Collapse Means for the U.S. Economy, Whether Tom Brady Will Un-Retire…Again, with Steve Forbes and Marcellus Wiley | Ep.Ā 511


Episode Stats

Length

1 hour and 35 minutes

Words per Minute

187.36761

Word Count

17,956

Sentence Count

1,356

Misogynist Sentences

47

Hate Speech Sentences

34


Summary

Former NFL star Marcellus Wiley joins The Megyn Kelly Show to discuss the collapse of Silicon Valley Bank and why the Fed should have done more to save it. Plus, the latest on Tom Brady, Colin Kaepernick, and the transgender athlete controversy in Vermont.


Transcript

00:00:00.000 Now streaming on Paramount Plus.
00:00:02.860 Someone is trying to frame us.
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00:00:18.860 We like to walk that fine line between techno-thriller
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00:00:30.620 Welcome to The Megyn Kelly Show.
00:00:32.540 Your home for open, honest, and provocative conversations.
00:00:42.100 Hey everyone, I'm Megyn Kelly.
00:00:43.800 Welcome to The Megyn Kelly Show.
00:00:45.360 Live from Montana for day two.
00:00:47.940 Coming up, an in-depth conversation with former NFL star
00:00:51.180 Marcellus Wiley.
00:00:52.740 Looking forward to talking to him.
00:00:53.920 He is not afraid to touch any topic.
00:00:56.300 He's just as bold when it comes to his commentary
00:00:58.520 as he was on the football field.
00:01:01.120 And you will hear from him in just a moment.
00:01:02.760 We're going to talk about the latest on Tom Brady.
00:01:04.460 Is he un-retiring?
00:01:06.040 Colin Kaepernick hitting his own parents as racists?
00:01:10.800 You can always count on that guy to take the high road.
00:01:12.700 And the issue of transgender athletes.
00:01:15.620 An update for you on that Vermont school that refused to have its girls play against other
00:01:20.660 teams.
00:01:21.820 Another team in Vermont that had a transgender player on it.
00:01:24.360 Guess how they're being punished.
00:01:25.320 We'll get to it all.
00:01:25.920 So, but first, we're going to take a look at where things stand today after the collapse
00:01:30.900 of Silicon Valley Bank.
00:01:32.880 Wall Street and bank stocks look a little more stable today, but the Consumer Price Index
00:01:37.160 report for February showed prices remaining stubbornly high.
00:01:41.440 And that could mean more interest rate hikes, which is in part how Silicon Valley Bank got
00:01:47.580 into the trouble it was in.
00:01:48.860 And Fed Chairman Jerome Powell, you know, there's questions about whether he knows what he's
00:01:56.000 doing.
00:01:56.500 Our next guest says he's clueless on what to do about all of this.
00:01:59.860 And that guest is Steve Forbes.
00:02:01.980 He's Chairman and Editor-in-Chief of Forbes Media.
00:02:05.000 Steve, great to see you again.
00:02:05.840 How are you doing?
00:02:07.120 Good to be with you.
00:02:08.160 Thank you.
00:02:09.140 Right now, I'd rather be in Montana than some other parts of the country.
00:02:13.400 I have to say, it's pretty gorgeous out here.
00:02:15.440 And the latest was we're expecting possibly 30 inches of snow over the next 24 hours.
00:02:21.900 So just another day in Montana.
00:02:24.360 Yes.
00:02:25.000 Well, character building.
00:02:26.780 That's right.
00:02:27.440 Out here with the fam when the kids are on spring break.
00:02:30.100 So, but I'm still at it.
00:02:31.320 And I'm glad I am because this SVP problem is pretty pernicious and very smart people are
00:02:37.620 in deep disagreement on what is the proper course here.
00:02:41.020 Um, we had a great debate yesterday with, uh, David Sachs and Vivek Ramaswamy on whether
00:02:46.360 this bailout or whatever you want to call it was proper, but now we're learning more
00:02:50.320 about the bank and there's more in-depth look in some publications.
00:02:54.100 National Review had a good piece today talking about how these are, these are very elite
00:02:58.240 investors who are in this SVP, SVPB for the most part, and they did not deserve a bailout
00:03:04.600 and they knew exactly what they were getting themselves into and why should we save them
00:03:09.440 from the consequences of their bad decision making.
00:03:11.980 As we find out this bank was super focused on woke initiatives and for the past eight
00:03:18.340 months or eight of the past 12 or 15 months, didn't even have a person in the risk management
00:03:23.720 department overseeing risk.
00:03:25.880 Nobody was making sure that when you kick the tires, they had air in them.
00:03:30.740 They were more worried about is, is the seat made of vegan leather?
00:03:35.900 Have we made sure under the hood is as green as possible?
00:03:39.700 And so I sense a growing resentment in some corners for the fact that they were saved at
00:03:44.860 all.
00:03:45.500 Where do you stand on it?
00:03:47.160 Well, uh, a couple of things.
00:03:49.000 One is in terms of, uh, the bank itself, they violated the basic rule of banking, which you
00:03:55.100 learn in the first day in class in business school and the banking course.
00:03:58.140 And that is miss the danger of mismatching assets and liabilities.
00:04:03.300 Uh, as you know, deposits can be withdrawn instantly, uh, long-term assets, uh, not so
00:04:08.760 much, they may be valuable, but the way they have a longer maturity and people want their
00:04:13.840 cash, you have a problem.
00:04:15.400 And so, uh, they, uh, mismatched their book.
00:04:18.140 Uh, they had, for example, 10 years of, uh, mortgages worth $80 billion yielding 1.8%.
00:04:24.800 If you're going to go out long-term to get a higher yield, you better insure that, what
00:04:29.740 they call hedging.
00:04:30.740 They didn't do that.
00:04:31.960 So that's another gross violation of simple banking.
00:04:34.620 If you're going out long-term, you cover yourself, you insure your, you get insurance
00:04:38.620 in effect.
00:04:39.260 So if something does go wrong, uh, you recover most of the money instantly.
00:04:43.480 They didn't do that.
00:04:44.600 And so for over a year where the federal reserve has made very clear interest rates were going
00:04:49.680 up, banks and others had plenty of time to, uh, get their books in order to reflect the
00:04:54.800 new reality that a generation of, uh, zero interest rates was coming to an end.
00:04:59.680 Uh, so the bank management is going to be rightly roasted on that.
00:05:03.160 But the reason that one thing to keep in mind though, the reason everyone, everyone focuses
00:05:07.760 on, uh, the, the rich people in Silicon Valley, the reason the bank did so well is it provided
00:05:12.800 unique services to startup companies.
00:05:15.160 You've got better service there, better people understood what your business was better than
00:05:20.720 any other bank in the country.
00:05:22.180 That's why it grew so rapidly.
00:05:23.820 The danger came, and this is where you get to the government's role in this disaster was
00:05:28.700 when the federal reserve started to print a lot of money.
00:05:31.100 Uh, you had the lockdowns.
00:05:32.560 It's also created inflation.
00:05:34.280 And so in the last couple of years, the bank's deposits, uh, almost a quadruple, uh, went from
00:05:39.640 50 some odd billion to over 180 billion.
00:05:42.000 There's no way human beings can put that much money to work productively.
00:05:46.020 So what a normal bank would do is you buy short-term treasuries.
00:05:50.000 Uh, they instead went out on the yield curve, as they say, uh, trying to get yield.
00:05:54.840 And so, uh, 1.8% for 10 years, a few months ago might've looked good, but you can get, uh,
00:06:00.500 almost a 4%, three and a half, 4% on a 10 year treasury today.
00:06:04.460 So their losses, book losses.
00:06:07.560 So, uh, they get their knuckles wrapped there.
00:06:09.780 And the idea that they're going to be able to keep any bonuses they paid for themselves,
00:06:13.560 that's going to be clawed back instantly.
00:06:15.780 The other thing to keep in mind though, is that, uh, we have to examine, and I think the
00:06:20.280 Republicans will examine is what's happening with the FDIC.
00:06:24.540 This bank had enough assets, uh, had a very good, uh, loan, a book of loans that they could
00:06:31.100 have sold themselves very easily or taken in a Warren Buffett or a venture capitalist
00:06:35.880 who would put in equity, uh, shareholders would have taken a huge hit, but at least you
00:06:40.740 had a bank around.
00:06:41.760 And what, what did the FDIC drag its feet on finding a buyer, even though there are plenty
00:06:47.580 around who knew, uh, the Silicon Valley bank would have been glad to pick up pieces of
00:06:52.020 it.
00:06:52.640 And they did the same thing with signature bank in New York.
00:06:55.800 So the FDIC looks like was playing games in terms of, uh, bank consolidations.
00:07:01.140 Uh, they don't like bigness.
00:07:02.700 Uh, so they may have dragged their feet on that.
00:07:05.280 So there's plenty of blame to go around, but we have to keep in mind though, is if this
00:07:10.380 bank had actually gone down, you would have had a domino effect on the rest of the economy,
00:07:16.140 on the banking system, innocent banks would have been dragged under, or the feds would
00:07:21.040 have had to put up literally hundreds of billions, if not trillions to assure up the
00:07:25.260 banking system.
00:07:26.020 Cause everyone would have been withdrawing their deposits.
00:07:28.500 I remember back in 2008, when one money fund, uh, broke the buck, so to speak, instead of
00:07:35.160 being valued at a dollar, well, I lost a few cents cause they made the same kind of mistake
00:07:39.200 Silicon Valley bank made.
00:07:40.800 They went for yield instead of safety.
00:07:43.640 And, uh, the whole, uh, whole, uh, money market fund industry suddenly was hit with the
00:07:48.840 equivalent of a modern bank run.
00:07:50.300 And so the fed ended up having to a backstop every, for a while, every money market fund
00:07:55.480 to prevent a collapse going into the financial equivalent of cardiac arrest.
00:07:59.380 So, uh, the, the, the, making sure you didn't have this, uh, hit the rest of the financial
00:08:05.360 system was a good thing.
00:08:07.080 And the thing to keep in mind too, which is why we're not going to be like 2008 and the
00:08:11.580 particulars is that, uh, the banking system today has more capital, more reserves than
00:08:18.000 they've ever had before.
00:08:19.200 Uh, they're brimming with reserves.
00:08:21.380 Let me jump in.
00:08:21.800 Let me jump in.
00:08:22.340 I get it.
00:08:22.780 I get that.
00:08:23.640 But, but why?
00:08:24.500 Why, because one of the things Vivek was saying was, okay, so we need to promise that we're
00:08:30.220 going to guarantee people's investments, uh, or their, their deposits at their banks, more
00:08:34.580 than 250,000.
00:08:35.720 So the FDIC can step in now and say, God, terrible thing that happened at a Silicon Valley
00:08:39.580 bank.
00:08:40.060 But don't worry.
00:08:41.240 We won't let that happen to you.
00:08:42.860 If you're at a small to midsize regional bank, we're going to, we're going to up the
00:08:47.340 insurance that everybody has, but buy to Silicon Valley bank, right?
00:08:52.220 Like his point was, why are we saving them?
00:08:54.500 We can, we can restore consumer confidence in banks, including small ones and mid ones,
00:08:59.980 um, just by offering a new guarantee.
00:09:02.560 We do not have to save this bank from the consequences of its bad decision-making.
00:09:07.840 Well, uh, you would take down then, uh, hundreds of startups that had their cash parked there.
00:09:13.540 And at a time, why do we care?
00:09:15.200 But why do we care, Steve?
00:09:16.560 Cause like the argument is, and I'm not taking a position on it, but the argument is they,
00:09:20.480 these are smart investors.
00:09:21.700 They made the decision.
00:09:22.620 They put their money where they put it.
00:09:24.600 And the other argument was most of these, you point out are startups backed by VC firms.
00:09:30.220 And so if the VC firms wanted to save these companies, they could.
00:09:34.280 Uh, but the money is, if the money's parked at a bank that, uh, is going under, uh, that
00:09:40.400 becomes problematical.
00:09:41.700 We're at a time when we want more startups, not fewer.
00:09:44.920 And in terms of the bank itself, the banking system, as you know, is closely interrelated.
00:09:50.660 And, uh, so, uh, uh, making sure of this bank, uh, failure did not, uh, ricochet to the rest
00:09:56.780 of the banking system is a smart decision.
00:09:59.880 Again, uh, the good thing they did was they wiped out the shareholders, wipe out the unsecured,
00:10:04.720 uh, uh, debtors, uh, security holders, and, uh, management is going to get it.
00:10:11.620 I guarantee you on the management, unlike what happened after 2008, uh, this, this management
00:10:16.840 is going to, uh, go over the skewers and they're not going to be allowed to keep any of the
00:10:20.540 money they've taken out in recent weeks.
00:10:22.920 So in terms, in terms of the bank itself, uh, if you want to, uh, the, the VCs had their
00:10:28.580 money parked in the bank.
00:10:29.980 So if the, if, if, if the bank is, uh, uh, if you can't access that cash, you've got a
00:10:35.620 lot of, uh, startups that are going to go down at a time when we want more startups,
00:10:39.520 we're in a technological race with China.
00:10:42.020 So I think in terms of the, uh, the bank itself, you can, uh, do, uh, you could have, you could
00:10:47.200 have actually, in terms of saving the bank again, there are a lot of assets there that,
00:10:51.860 uh, other banks would have been gladly willing to buy and why the FDIC was mishandled.
00:10:57.160 Well, wait, but you want to blame the FDIC, but wait, wait, wait, wait, wait, it works
00:11:02.540 better if it's back and forth.
00:11:03.460 So you want to blame the FDIC, but what about the CEO of the bank?
00:11:06.260 Because there's a report today as a CNN saying, well, let me, let me tee it up, Steve.
00:11:11.020 Let me see it that, um, so the, some of the employees are very angry with this CEO.
00:11:15.220 He's now been removed, Greg Becker for making it public in the first place that they were
00:11:20.520 facing a $2.25 billion shortfall that they needed to raise that kind of money.
00:11:25.300 Why would he say it publicly, which in part caused the run on the bank rather than just
00:11:29.800 raising it privately, rather than going to some other bank privately and saying, do you
00:11:34.260 want to save Silicon Valley bank with this money?
00:11:36.260 Well, that's right.
00:11:38.480 And, uh, so, uh, it's, as I mentioned earlier, it's both sides management made huge mistakes
00:11:44.080 and not hedging, ensuring if they decide to go out long and try for yield.
00:11:49.120 And in terms of, uh, the rescue last week, uh, there, again, there are plenty of people
00:11:54.120 willing to buy that bank, but this guy, Becker and his team chose to act like a deer in the
00:11:59.140 headlights.
00:11:59.740 So, uh, they, they, they bear a large responsibility.
00:12:02.860 Again, the bank has a lot of great assets and there've been a lot of people out there who
00:12:07.320 know how to deal with these things.
00:12:08.720 We've been glad to buy into them.
00:12:10.600 Uh, just like Warren Buffett saved general electric and some other companies in 2008, uh, you
00:12:15.940 paid a price for it, but, uh, you, you got rescued and the amount of money they needed
00:12:20.540 to make up their equity shortfall was a peanuts compared to, uh, what, uh, what, uh, the, the
00:12:26.600 losses that ended up happening.
00:12:28.240 So bank management, uh, deserves a lot of the blame.
00:12:32.340 There was no reason why they couldn't have just quietly said to the regulators and to,
00:12:36.360 to, uh, VCs and to other banks, we got a short-term problem.
00:12:40.300 It's going to cost X billion.
00:12:42.040 And there have been a plenty of people at the right price would have been quite willing
00:12:46.000 to step in and buy and do what it took to prevent a massive failure.
00:12:50.880 And this is where, though, it gets to what the FDIC did.
00:12:53.880 Why didn't they try to facilitate that instead of dragging their feet?
00:12:57.580 So there's a lot of blame to go around and ultimately, ultimately getting beyond the
00:13:01.820 particulars of this disaster is why we're the central banks of the world and our treasury
00:13:06.580 department for years, having a policy of no interest rates.
00:13:12.420 And when you distort the market, we all know what happens when you have rent control.
00:13:16.520 Larry Summers once said, rather indelicately, there are two ways to destroy a city.
00:13:20.660 One is to bomb it and the other is to put in rent control.
00:13:23.280 And, uh, what the central banks did after 2008 was they put in the equivalent of rent
00:13:29.160 control and interest rates, sent them to levels that never seen before in human history.
00:13:33.160 That's had two consequences, which is why I'm worried about the future short-term.
00:13:37.920 A lot of countries went heavily, heavily in debt because it was free money for the politicians
00:13:42.800 to spend.
00:13:43.780 Japan, for example, has a national debt twice that proportionally as the United States.
00:13:48.780 A lot of developing countries went, uh, uh, binging, a lot of companies that could, uh,
00:13:55.000 borrow even solvent great companies like Apple, which has a huge cashflow ended up borrowing
00:14:01.120 over a hundred billion.
00:14:02.620 Why?
00:14:03.040 Because the money was virtually free and any interest was tax deductible.
00:14:07.100 So, uh, they, they use it to pay dividends, buying stock and all that kind of stuff.
00:14:11.940 And, uh, so the fed and the other banks destroyed the market.
00:14:15.280 So it's a critical reason why we've had punk growth rates under Trump started to get, to
00:14:20.160 get some growth rates.
00:14:21.120 Let me jump in, Steve.
00:14:21.880 Let me jump in.
00:14:22.420 Let me jump in.
00:14:23.560 I get it.
00:14:23.920 I get it.
00:14:24.200 I get your point.
00:14:24.800 Let me, I want to move the discussion forward because we only have you for a block.
00:14:28.120 Um, so the, the, one of the reasons that the markets actually took an upturn for a
00:14:32.700 bet yesterday was people were speculating that the feds would not issue another rate hike
00:14:37.020 now on this, on the interest rates because of what was happening at Silicon Valley bank.
00:14:40.740 The reports were yesterday, we lost a hundred billion dollars wiped off of us bank's value
00:14:45.600 and what was being described as a bloodbath on wall street.
00:14:48.280 But there was some hopeful speculation that all of this would stop, um, the fed from raising
00:14:54.580 interest rates again.
00:14:55.420 However, today we see inflation is basically holding steady or we're at 6% again.
00:15:00.300 It's just a tick down barely from last month.
00:15:02.840 And so that's what the fed has been raising the rates to try to stop.
00:15:06.340 And so now there's speculation, maybe it won't stop him.
00:15:09.700 Maybe this crisis will continue because the interest rates don't seem to be budging much.
00:15:14.920 The inflation, the inflation does not seem to be budging much.
00:15:19.180 Uh, well, uh, the federal reserve, uh, the big problem there, and that's shared by most
00:15:24.140 economists and all other central bankers is they believe the way you fight inflation is
00:15:28.980 by depressing an economy, uh, making people poor, trying to increase unemployment.
00:15:34.180 And that's not the way you fight inflation.
00:15:36.700 Uh, the way, uh, the, the definition of inflation is when you lower the value of your dollar,
00:15:42.540 in this case, the dollar, lower the value of your currency, usually by creating too much
00:15:46.580 of it.
00:15:47.180 So you don't, and back in the seventies and early eighties, we went through repeated recessions
00:15:52.820 to fight inflation.
00:15:54.080 What finally conquered the inflation was not a bad recession was when after the 81, 82 recession,
00:16:00.460 uh, the federal reserve started to stabilize the value of the dollar relatively instead
00:16:05.440 of trashing it.
00:16:06.420 And then we had a government that was cutting taxes, doing deregulation and allowing the
00:16:11.380 economy to boom.
00:16:12.540 Uh, this government is doing the opposite.
00:16:14.740 They want to raise taxes.
00:16:15.860 They're piling on regulations, doing everything they can to throw a sand into the gears of the
00:16:20.540 economy, even though they say they want it to grow, they're doing everything possible
00:16:24.020 to stop it.
00:16:24.820 And, uh, you have a federal reserve that totally misunderstands inflation.
00:16:29.260 Inflation is not, there's something in economics called the Phillips curve.
00:16:33.880 It's not a baseball pitch.
00:16:35.080 It's a theory that, that, that, that, that, that, that, that you want lower inflation, you
00:16:39.460 have to have higher unemployment.
00:16:40.720 If you want lower unemployment, you have to have higher inflation experience shows that's
00:16:43.940 absolute nonsense, but at the federal reserve, it's wholly writ.
00:16:47.320 So, uh, they may back off on, uh, trashing the economy, uh, this round, but, uh, that if
00:16:54.780 they go back at it, we're going to have a troubled economy.
00:16:57.860 I don't know whether the economic theologians will ever call it a recession, but people are
00:17:01.880 in for hard times.
00:17:02.920 And because a lot of companies and some banks, uh, got addicted to low interest rates because
00:17:08.320 they seem to be around forever.
00:17:09.720 You saw in Britain, their pension funds had a disaster in the fall because they were trying
00:17:14.460 to reach for yield and, uh, when rates went up, oopsie daisy, the government in effect
00:17:19.000 had to bail them out.
00:17:20.140 And so, uh, what you're going to see here, a lot of companies, uh, uh, that, uh, depended
00:17:25.560 on free money are going to get in trouble in the next few months.
00:17:29.500 So the federal reserve does not know how to find the beginning of something, not the end.
00:17:33.460 Okay.
00:17:33.880 Let me switch gears and tell you that we just got this breaking news in, um, the collapse
00:17:38.280 of Silicon Valley bank is now under investigation by the justice department.
00:17:41.520 Uh, they are in the early stages of investigating it.
00:17:45.000 Fox news confirming the wall street journal first reported this morning saying the sec is
00:17:49.320 also investigating in particular, the government probes will look into stock sales that the
00:17:54.220 bank's financial officers made days before the bank collapsed.
00:17:57.980 We were told by some reporting that those were automated, um, you know, pre-scheduled sales
00:18:04.740 of stock by the executives, but they made millions off of them.
00:18:07.500 Um, so the justice department will look into whether there was fraud, whether there was
00:18:11.580 other, um, there were other misdeeds, but that leads me to another question I have, which
00:18:16.120 is in much in the same way we had, uh, Arthur Anderson collapse after Enron went down, right?
00:18:22.180 Because it was, uh, the accounting firm for Enron and had given it all these clean bills
00:18:26.220 of health.
00:18:26.840 And now we know that that was not true.
00:18:28.480 So KPMG, as it turns out, another big accounting firm, 14 days before it collapsed, gave the
00:18:37.360 Silicon Valley bank a clean bill of health.
00:18:39.840 They signed off on the audit and they're saying, oh, well, we weren't looking at current day.
00:18:44.760 You know, the audit looks back on the previous 2022 year, but that doesn't save it.
00:18:50.100 It's also supposed to be looking at whether there was anything in between the close of that
00:18:54.140 year and the current issuance of the audit report that would change the clean bill of
00:18:59.320 health that it's offering that it's not going to be able to save itself by saying, oh, we
00:19:03.060 were only looking backward and we didn't, you know, look up to present day.
00:19:06.500 So how can our accounting firms get it so wrong?
00:19:09.320 I would be remiss if I didn't mention Forbes, Forbes also a magazine, not you, um, put Silicon
00:19:16.640 Valley bank on its annual list of America's best banks just weeks before regulators, regulators
00:19:21.000 seized control. You are not KPMG, but why, why wasn't this seen, you know, by KPMG, by
00:19:27.920 you guys, by more people who are supposed to raise the alarm?
00:19:30.440 Well, on, uh, on, uh, the, our, our, our side, KPG can explain themselves, but on our
00:19:36.620 side, we took numbers, the latest numbers, which was the end of the third quarter and
00:19:41.020 use nine metrics. And there was nothing in those publicly disclosed metrics that had the
00:19:46.100 huge mismatch between the liabilities and assets. That's something that should have been
00:19:50.700 known internally and certainly by the auditors, but the public information was not there,
00:19:55.460 which is why stock analysts, uh, didn't see that, that kind of problem. But the thing
00:20:00.040 is, yes, have those investigations of management and the accountants, but also don't let the
00:20:05.740 FDIC and the federal reserve off the hook. Uh, the FDIC is in the business of, uh, making
00:20:11.580 sure that when a bank, a big bank gets in trouble, uh, that you contain the trouble, that
00:20:16.200 you sell the assets, uh, usually there are assets there that can be sold. And, uh, with the Silicon
00:20:21.460 Valley bank, there are plenty of assets. And, uh, why wasn't that done? Why did the FDIC drag it
00:20:27.020 to switch? So, uh, let's have a thorough investigation, a 360 degree investigation,
00:20:32.100 not just saying bad man. Do you, do you feel like you, you, like the magazine, perhaps the
00:20:38.560 investigator there, the KPMD, do you feel like you were actively misled by the company?
00:20:42.540 No. Well, uh, we, we, we took the numbers that were there and, uh, the numbers, uh, the number,
00:20:49.480 the public, those numbers, uh, don't give you, uh, in terms of, uh, the, the assets, terms of, uh,
00:20:55.480 what they have in terms of, uh, hedging and things like that. So, uh, the bank itself, probably, uh,
00:21:01.780 what the bank has to answer for is they, they knew for a year interest rates were going up.
00:21:07.320 So if they wanted to go out in the yield curve, uh, why did they go so far and why didn't they
00:21:13.540 hedge and why, when they got in trouble? Yeah. And why didn't, and why didn't they, uh, when they
00:21:19.420 got in trouble, why didn't they seek a buyer? There are plenty of, uh, funds out there, plenty
00:21:24.300 of banks willing to buy distressed assets to get the deal. Okay. Here's the other question. Um,
00:21:30.480 why, why should I believe that the consumers are not going to wind up funding this bailout? You
00:21:37.160 know, they say that, Oh, the, the government's going to pay for it. Basically they're saying
00:21:41.580 they're going to go into this bank insurance fund and they're going to use that money to pay to,
00:21:44.920 to, for the, this bank and paying back these depositors, their money. And then they say,
00:21:49.040 don't worry, we're going to refill that special insurance fund by a quote, special assessment
00:21:53.600 that we will issue on the banks. So the big bad banks are going to pay for this. Well,
00:21:59.040 where do the big bad banks get their money? Hmm. Let me think. Oh, for me, from us.
00:22:05.480 That's why, for example, when they talk about, uh, uh, hitting, uh, businesses, uh, for taxes,
00:22:10.560 where do the businesses get the taxes from? They get it from, uh, workers, shareholders,
00:22:14.820 and big, big time from customers. It doesn't grow on trees. So the government is dissembling here
00:22:20.260 saying it's not going to, it's going to be costless. Yes. FDIC has some cash, but that was to
00:22:26.520 cover $250,000 of liabilities, not the unlimited liabilities that we have here. So in terms of,
00:22:33.540 uh, though paying for it again, if you have a proper sale of, uh, the assets of those two big
00:22:39.180 banks, a lot of that will be covered by a proper sale. Again, this is stuff that we've done before
00:22:44.200 going back to the 1980s, 1970s, when we started to have a rash of bank failures and what to do and
00:22:50.320 what not to do. So they've ignored the lessons of the past and what you do in a situation like this,
00:22:56.120 making it more costly and, uh, uh, creating a unnecessary panic. This could have been done
00:23:02.160 quietly. That's very interesting because the headlines today, I think it was in Politico or
00:23:06.200 about how president Biden saved the banking industry. And you're saying, hold on because
00:23:11.720 these government administrators and agencies like the FDIC blew it. There were real opportunities to
00:23:17.240 sell this bank, to save some of the assets, to sit, to stop this price tag from going, uh, the way it
00:23:22.760 has. And they, they were asleep at the switch and incompetent. Uh, I think, uh, it's, uh, also
00:23:29.060 ideology played a role. A lot of people in this administration, uh, think, uh, big is bad. And so,
00:23:35.920 uh, they took us, uh, uh, real hard. They, they really did not want a big bank coming in and buying,
00:23:42.720 uh, another big bank. Uh, and, uh, they also, I think like the ideas of getting their claws on a
00:23:48.540 bank, which they have right now. I remember, uh, back in, uh, uh, after 2008, when Barack Obama
00:23:54.900 became president and the government forced banks to take out a bailout, uh, a lot of them were happy
00:24:01.240 for it, but some banks did not want the bailout, but were forced to do it. And, uh, Obama was a very
00:24:07.560 reluctant to have the banks repay, uh, that money because he liked the idea of government to having a,
00:24:12.720 a piece of them and controlling them for political purposes. Eventually they had to, uh, unwind TARP
00:24:18.680 as they called it. But, uh, we have that same socialist mentality here. Again, the FDIC, uh, when
00:24:25.460 they, as soon as they learned this bank was in trouble, would have been very easy given the assets
00:24:29.720 this bank had to, uh, liquidate or find a seller for those assets and avoid the kind of panic we have.
00:24:36.920 So the government played a big role in the panic and, uh, we're seeing it play out now, but remember
00:24:42.340 the banking system is all is good shape, but there are a lot of companies out there and entities
00:24:47.040 that got, uh, are going to get caught up because the fact they had a generation of no interest rates,
00:24:53.480 zero interest rates. Yeah. Right. Which is a government imposed decision and so on. Yeah.
00:24:58.760 I mean, don't believe the political headline in other words. Um, okay. Last but not least,
00:25:03.380 you were in the news personally this week because our friends, Carol Markowitz and Bethany Mandel
00:25:09.200 have a new book out called, uh, Stolen Youth, not to be confused with the documentary that's
00:25:16.420 online right now about Sarah Lawrence university, two separate things. Stolen Youth, the subtitle is
00:25:20.800 how radicals are erasing and indoctrinating a generation. And you were at the book launch party,
00:25:25.440 which is nice. Glad to hear you went and supported the ladies or our friends as well. And what happened
00:25:30.900 to you? Uh, what happened was, uh, I was talking to a Bethany about the subject and suddenly there was
00:25:38.400 this racket as a protester came in, a woman screaming about, uh, black lives matter. Lord
00:25:45.060 knows what else. Another protester came in, knocked the books over. We were near the book display. Uh,
00:25:50.980 they threw a drink our way. Fortunately, uh, the glass didn't hit anybody. Uh, Bethany got wet. I got
00:25:57.360 wet and, uh, she had to change her dress because, uh, she got soaked and, uh, fortunately I was wearing a
00:26:03.180 dark suit. So, uh, uh, no, no visible harm there. But, uh, the fact that these, uh, protesters came
00:26:09.860 in and screamed absolutely incoherently, uh, underscored the whole theme of the book that we're
00:26:16.120 in an era where a lot of people, a lot of these, uh, people, uh, exhibit, uh, intolerance and
00:26:22.800 ignorance and a proneness to, uh, uh, even to violence. Fortunately, no one was injured, uh, but
00:26:29.080 they came in to disrupt this reception for a new book. And fortunately, no one was really hurt.
00:26:34.860 So it's unbelievable. You're 75 years old. This is, you're just trying to support somebody in the
00:26:39.480 sale of their book. Like this is not what you should be subjected to or what anybody should
00:26:43.060 have to deal with. I think it was Bethany who spoke out and said, um, they, these people are
00:26:48.680 exactly what our readers don't want our kids turning into their kids turning into. Um, and that woke
00:26:55.460 is poisoning young brains. It's why they wrote the book. It's why I think ultimately woke ism
00:27:00.640 will fail. You've spoken out against it as well. Do you agree? Do you think it's on the
00:27:05.480 way down Steve, or do you think it's as strong as it's been over the past few years?
00:27:10.760 No, I think what you've seen is it's still strong, but the counter forces are a gathering force.
00:27:15.820 You might say you see it in the school choice movement where several States now put an educational
00:27:21.080 savings accounts where the parents will control the money, not the school bureaucracies. You see
00:27:26.720 a lot of parents coming together and starting to affect their own schools and their living rooms
00:27:30.800 or renting a classroom. A woman I met at that reception is doing that with a group of mothers
00:27:36.340 rented a classroom to do instruction for their kids. They couldn't stand the wokeness in the schools.
00:27:41.000 And you have a one presidential candidate, certainly a governor to Santa's of Florida. He'll be
00:27:46.200 announcing, I think in the next couple of months, uh, making this, uh, making this an issue. The
00:27:51.320 American people do not want their kids indoctrinated and, uh, made fearful and hateful. And so, uh, yes,
00:27:57.980 the Wokies will fight hard and, uh, but they were now going to be in a rear guard action instead of
00:28:03.120 on offense. Uh, the forces of a good are marshaling. And, uh, I think ultimately, uh, common sense will
00:28:10.220 prevail. Hmm. From your lips to God's ears. We actually have an update for folks on that involving
00:28:15.980 Robin D'Angelo, who seems kind of depressed and we'll explain why Steve, I'm glad you're okay.
00:28:22.140 And, uh, thanks so much for being here and for supporting. Thank you. Appreciate it. Thank you.
00:28:26.560 All the best. We're going to be back next with Marcellus Wiley on everything, including the
00:28:31.320 breaking news, uh, with Michael Irvin. Have you heard what's happening with him? This woman claims
00:28:36.340 that he kind of attacked her at, um, a Renaissance and he denied it and said, this is like an old fashioned
00:28:43.360 lynching. And now he's putting out the videotape. It's breaking right now. We'll be back with that.
00:28:52.380 Is Tom Brady preparing to unretire again? The rumor mill is in full swing on that. Plus we're
00:28:59.460 watching breaking news right now where former NFL player, Michael Irvin is holding a news conference
00:29:06.100 on his $100 million lawsuit. It stems from a brief run-in he had with a hotel employee shortly before
00:29:13.040 the Superbowl. Irvin has denied wrongdoing and we expect him to release the surveillance video of
00:29:18.400 the encounter at any moment. We've been waiting for this. He's been waiting for it and finally got his
00:29:22.980 hands on it. He's not happy with the hotel chain or his accuser. Joining me now to get into all of it
00:29:28.340 is Marcellus Wiley. He's host of the more to it podcast and former NFL star. Of course, Marcellus,
00:29:35.860 welcome to the show. Hey, how's it going, Megan? All's great. Oh, it's going great with me too.
00:29:41.400 Thanks so much for being here. So this is kind of crazy. What's happening with Marcellus Wiley,
00:29:46.320 Marcellus Wiley, what's happening with Michael Irvin. Hey, I'm about to say, what did I do?
00:29:49.600 You did nothing. You're good. And Michael Irvin may be good too. I don't know. So the way this got
00:29:57.260 started was right before the Superbowl. He was doing commentary on the air. He was at, I think
00:30:02.080 it was a Renaissance, which is a subsidiary of Marriott and some hotel employee claimed he had
00:30:08.140 grabbed her arm and said some inappropriate things to her while very drunk. And, uh, you know, some
00:30:13.600 kind of R rated stuff. And that was kind of it. Um, but it's turned into this massive deal where the
00:30:20.200 hotel reported him to the NFL. He was saying, this is a bunch of BS. I was drunk. I don't really
00:30:27.180 remember the whole encounter exactly, but I definitely did not sexually assault anybody.
00:30:31.520 And, um, then they said, give us the video. There's video to give us the video. He filed
00:30:37.440 a lawsuit. The court said to Marriott, give him the damn video. And Marriott didn't. And,
00:30:43.400 and Marcus's lawyers were saying, this is you blatantly violated the court order. Like give
00:30:47.860 the man the video of if you're so sure he assaulted a woman, let's see it. And so finally they were
00:30:54.280 forced to do it. He's now gotten his hands on it and we're about to see it. He's holding a press
00:30:59.320 conference right now. What the heck do you think is going on? Cause the news today, I think was that
00:31:04.200 he just, yeah, he just dropped the $100 million lawsuit against Marriott. Um, and we don't know
00:31:11.360 exactly why, cause it was a defamation lawsuit. Uh, but he, he may refile it because it was, I don't
00:31:16.920 know, maybe he just doesn't like the way he styled the claim. So I'm not sure what's going on,
00:31:20.140 but what do you make of it? Cause you know him. Um, well I'm no lawyer, but I play one on my
00:31:26.020 podcast. So let me play it right now. Um, uh, your timeline is pretty accurate. Uh, they dismissed
00:31:33.020 the lawsuit, but moved it to Arizona. Um, so he's still going to sue Marriott. Um, I don't know what
00:31:40.700 we're going to see on this video. There have been videos shown on the internet before. Now you got to
00:31:47.100 take this beat by beat to kind of really get a great understanding. This is not a character
00:31:50.920 conversation about Michael Irvin. Uh, why? Because there was a complaint made about him about an
00:31:57.600 instance. So we have to really focus in and be in a vacuum of this moment. What is this lady
00:32:04.140 complaining about? Well, the video doesn't support what she is claiming because the only video I've
00:32:10.420 seen is a really brief encounter in a public place. That only thing you can take from the body
00:32:16.860 language is that it was nice. It was pleasant and it was quick. Now, if there was something orally
00:32:24.480 verbally said in that moment, well, we're going to need to videotape with audio because other than
00:32:30.100 that, what I've seen, there's nothing that's going to make that complaint actually stand in a court of
00:32:35.740 law. But we all know our judicial system is supposed to start with innocent till proven guilty,
00:32:42.220 but we know in the court of public opinion, it's just the damn opposite. As soon as there's an
00:32:47.680 accusation, you're guilty until you're proven innocent. So the burden is really on the young
00:32:53.040 lady to actually have her complaint, have merit right now. I don't know where that can go.
00:32:59.280 Your imagination could take you a lot of places. Did Michael Irvin walk past this lady and say
00:33:03.780 something inappropriate? Maybe, maybe not. Does she have proof of that? Because if she doesn't have
00:33:08.280 proof of that, he did not say that in a court of law. So right now I'm just looking for the proof.
00:33:13.040 Maybe this video is different than what I've seen, but so far by numerous witnesses and the videos I
00:33:19.020 have seen, it's going to be a very difficult case for her to win the complaint.
00:33:23.940 This is what, they just released an information packet moments ago, Irvin's team, his lawyers,
00:33:30.060 to people like us, members of the media to say, here's what to watch for when you see the tape.
00:33:35.220 They say, where is she going? The complaining employee appears from the bottom left of the
00:33:40.360 screen, walks all the way around the lobby to cut back into the bar where she starts the
00:33:45.060 conversation with Michael. There was no reason for her to go that way. They're saying she sought him
00:33:49.720 out. They say, watch her body language. She is not offended. They say, as she leaves the bar with
00:33:54.900 the other employee, she's not shaken, but the man seems very upset. The male employee in the bar
00:34:02.380 claps as the complaining employee starts talking with Michael lingers in the bar,
00:34:08.060 leering at the complaining employee throughout most of her conversation with Michael. He talks
00:34:12.660 to a man in a gray shirt who seems to be security personnel. He waits for the conversation to end.
00:34:17.020 He intercepts the complaining employee, points at her sharply and appears to chastise her as they
00:34:22.400 walk off screen. What is his relationship to this employee, the employees at the hotel? He seems to be a
00:34:28.540 manager. The security guard in the gray shirt lingers during the entire interaction. The employee
00:34:33.380 who wants to take a picture with Michael and then watch Michael's body language and the manner of
00:34:39.340 speech with the complaining employee and compare with his interactions with everyone else in the
00:34:44.600 video, they're saying that nothing happened, that this is being unfairly targeted. He's being unfairly
00:34:50.800 targeted here. Yeah. I mean, look, I haven't been in this exact situation and circumstance, but I've
00:34:57.520 been around this. It sounded like what I just heard and I need to see it and I need to read it again. But
00:35:03.680 let me just give you a little conjecture. It sounded like there could be these things at play. Like the
00:35:09.620 young lady came to Michael Irvin and maybe have a relationship with this man that they're talking
00:35:15.000 about. And she came in strong, came in hot, flirting with Michael, whatever it may be. Michael's not
00:35:20.580 stupid. He can read the room knowing that those two together, maybe not for everyone's understanding
00:35:26.780 that they're together, but Michael could fill it out. So Michael's like, I'm good. And that guy gets
00:35:31.520 mad because his girl stepped out of bounds trying to catch a pass from Michael Irvin. Right. So it sounds
00:35:37.980 like it could be some of that. It sounds like some little love triangle where Michael had no love for
00:35:42.380 neither one of these people, but they were consumed and really intoxicated by his fame and
00:35:48.060 celebrity. I don't know. I need to see the video. But right now, if you ask me to hit the early gavel,
00:35:53.100 it sounds like she stepped out of bounds, didn't like that. The shame of that moment made her
00:35:58.680 file a complaint. And this guy also getting upset, probably urged her to file that complaint because
00:36:05.600 there's no way I did that on my own volition. That's the other thing. That's one of the questions.
00:36:09.940 Who actually filed the complaint? Was it her or was it him? Was it somebody else who allegedly
00:36:16.680 witnessed it? Marriott, their version of it is Michael was visibly intoxicated. He initiated the
00:36:22.580 encounter. So there's a divergence there. Says he flagged down the woman, asked her about her job,
00:36:28.320 said he found her attractive, introduced himself. She explained she was not an NFL fan, didn't know who
00:36:33.460 he was. He said, look me up on the Internet. The claim is that it escalated into aggressive flirtation,
00:36:38.620 unwanted physical contact and a graphic proposition. He shook her hand. He touched her
00:36:44.040 arm, quote, without her consent. I mean, that's ridiculous. That's like an arm. I don't we've
00:36:48.320 gotten to the point where like an arm is now a sexual assault. Yeah. A handshake is now assault
00:36:54.140 because you touched my palm. I'm like, come on. Where does it become an assault? Like when you go past
00:36:58.280 the hand to like the elbow now, you've crossed into sexual assault territory. How about the bicep
00:37:04.280 or the forearm? Where does that fall on the scale? But unreal. Yeah. He asked whether she knew anything
00:37:10.520 about having, forgive me, quote, a big black man inside of her and she was taken aback. She thought
00:37:16.620 it was inappropriate. Then he attempted to grab her hand again. Sorry if he brought up bad memories for
00:37:21.340 her. These are in quotation marks in their motion. And then two hotel workers apparently approached and
00:37:26.740 attempted to intervene. However, he he produced two hotel workers that say that's all BS. That's not
00:37:33.640 what happened at all. And I don't know whether the surveillance tape we're going to see has audio.
00:37:38.420 Typically, it would not. Yeah. Look, he say she say of it all. That's the toughest part about any
00:37:45.680 sexual assault, legitimate or not. It's just how do you get into those intimate moments, those intimate
00:37:51.380 conversations and actually get details and actually get recordings, actually get facts. It's very
00:37:58.100 difficult because obviously you're going to have opposing sides, opposing stories, opposing versions.
00:38:04.640 Right now, one of my superpowers I've been able to possess, I think, in my life is I'm extremely
00:38:10.040 patient. So I'm not the one that needs to know everything right now. I usually play to the back.
00:38:15.780 I wait for everything to develop. And then I pick which of the three lanes I'm a travel his story,
00:38:22.780 her story or the truth. And usually it's a combination of those two. It could be ninety nine
00:38:28.060 and one percent, but somehow, some way it always figures itself out. But I hate when I hear the
00:38:34.540 details of the assault in this description when it's just normal activity. Like when it starts off,
00:38:41.180 he was intoxicated. That's not illegal to be intoxicated. It's OK to be intoxicated based
00:38:46.540 when you're going to your room. I think that's the place you should be going to if you're intoxicated.
00:38:50.860 The only thing I know Michael Irvin did that was wrong is that interview right after it when he said,
00:38:56.220 I don't remember what happened. I was intoxicated. Someone should have got to him really early.
00:39:02.680 You know this from just watching any crime show that you're not supposed to say anything,
00:39:07.480 even if you think it is actually supporting your case, because in a court of law, it will be used
00:39:12.400 against him. So now that undermines a lot of the things he will say because he's already been on
00:39:17.620 record saying he was intoxicated and didn't remember. Yeah. If she's saying, well, I remember
00:39:22.200 it clearly. And he's on the other side saying, well, I don't remember it. That's not good for him.
00:39:25.980 Let's talk about like blowing these things up. You know, I, I have been inappropriately approached by
00:39:33.300 more guys than I would care to remember, especially when I was younger. How does it become a federal
00:39:40.720 case? Like whatever, some drunken fool. Let's say her version is true. And he got drunk and said the
00:39:46.020 inappropriate stuff I just read. Okay. You move on. He, he didn't push it. She moved on. She was fine.
00:39:52.860 They say the hotel reported this to the NFL because the NFL had just requested Marriott to notify it.
00:39:59.720 Should any issues of all arise involving any employees of the NFL booked at the property?
00:40:04.660 Well, why, why is that necessary? Somebody gets drunk and says something stupid and they got to
00:40:08.800 call their employer. You got to get them in trouble with their boss. This that's called being human.
00:40:13.760 It's not great. If he did it, he probably could have solved it with a, Hey, I'm sorry. I'm sorry.
00:40:17.960 I was a drunken fool. And you were like, no problem. How does this get escalated in national news?
00:40:22.460 And then now he's in trouble. And that was a federal lawsuit by him against them. Like it's spun out of
00:40:27.580 control. Yeah. Um, yes. And no, let me say the yes and no, because I love to bring perspective to
00:40:35.140 things like this. Um, every day I speed past the speed limit. Like if I see 35, if I'm going 35,
00:40:43.060 I feel like I'm going slow, right? I'm on the freeway 55. I feel like I'm going slow every day.
00:40:48.400 I speed past the speed limit. Now by law, I can actually get pulled over and ticketed, but I don't,
00:40:54.860 but when I do it's all of a sudden out of time and place where I say, well, I did something that
00:41:01.040 wasn't necessarily right, but I do it all the time or it happens all the time. Why are you tripping
00:41:06.980 right now, officer? And I think there is some of that in parallel to this because it is inappropriate.
00:41:13.120 Look, I went to college and if she went to college, trust me, she's hurt worse and walk right past it.
00:41:18.800 She's done worse probably, or receive worse in terms of treatment and walk right past it. You can't go to
00:41:24.460 college and not hear crazier things than that at the local pub. That said, that wasn't right.
00:41:30.420 What happened at the local pub, but we all just get desensitized because that's the way it goes.
00:41:34.860 I don't know what Michael Irvin said, but if he said these things, then there's a conversation to
00:41:41.060 be had about those were inappropriate. I'm in the, I'm in a school of thought that I would just walk
00:41:47.760 past it. I don't stop for ignorance. I just keep it pushing. If it's really not a complete violation,
00:41:53.180 especially physically to me, mentally, I could block that out. However, that doesn't mean I'm
00:41:58.480 not standing on the right ground. She may be standing on right ground and then it's becoming
00:42:02.620 an ambulance chase. You know how it goes. I got into a car accident. One time I had a Rolls Royce
00:42:07.180 got into a car accident. I swear, I swear. It felt like two feathers touching like, and the person,
00:42:14.940 the person gets out the car and looks and realizes it's a Rolls Royce, literally tried to get back in
00:42:22.760 the car and grab their neck. I was like, Oh my God, that's what we do in here. And I wasn't filming
00:42:27.580 it. So then it became their word versus my word. I think I had to pay a little more than the average
00:42:32.940 Joe, but they tried to get me. They got bumped like this. And then they're like, Hey, Hey, Oh, Oh,
00:42:38.800 you know? And I was just sitting there like, that's what happens. Michael Irvin, whatever that
00:42:43.240 may be in conversation, you got to keep yourself a great distance from people because sometimes
00:42:50.060 this will can occur. That is a very good point. I mean, he's a famous guy. He was a huge NFL player
00:42:56.080 and people do know him. I don't know whether this woman did or not, but you know, it's right before
00:42:59.840 the Superbowl. All these big stars are in town. You could put two and two together.
00:43:03.540 I love the fact that she's at the Superbowl drinking at night and like, Oh, my line is
00:43:12.640 going to be, I don't know anybody in the NFL and I don't like football.
00:43:15.460 Like she was an employee. She was the drinker. But when I was in law school, similar thing
00:43:23.680 happened to me where I had the smallest little car accident. It was nothing. It was a fender
00:43:28.020 bender. If that. And, um, I, I like none of us had any money. The woman who, who I had
00:43:33.500 the accident with it had no money and I had no money. Um, and so she, whatever, we're going to
00:43:38.820 walk away. It was $500, the damage to her car. I did cause it allegedly. And, uh, allegedly I
00:43:44.760 rear-ended her car, but it was a nothing. So I was, it was going to be 500 bucks like to fix her
00:43:49.780 fender. And then she found out I was in law school. So she thought, Oh, there's going to be money.
00:43:54.740 Like she's going to get like soon. And, um, but, but I didn't have insurance because I was poor.
00:44:00.900 I wasn't yet rich. So there was no pot of money to tap into. And then her lawyer dropped her and
00:44:06.140 the lawsuit magically went away. But same thing when she found out I was in law school and she
00:44:10.360 found a lawyer, she filed a lawsuit against me. And suddenly this fender bender, which was a
00:44:13.780 nothing turned into. And I quote severe and permanent cervical neck strain. And they thought
00:44:21.840 you lost it against me, which they then had to drop when they realized I wasn't insured.
00:44:25.900 Oh, that's so good. Look, not to torture this example, but I got another story that's even
00:44:29.880 better. And it's on the other end of the spectrum. So once again, I guess I was a bad
00:44:34.100 driver when I had this Rolls Royce, I'm getting off the freeway off ramp. And I looked left because
00:44:39.520 I'm turning right to make sure no cars are coming. And I didn't look right. Cause I just
00:44:44.560 assumed no one was there because it's a freeway off ramp, but it was a person walking and I'm be
00:44:49.140 real. It was a, it was a homeless person and I barely bumped him, but I did bump him and he hit
00:44:55.480 the hood. He said, Hey, and I was like, I'm sorry. And immediately I'm like, he's homeless. So
00:45:00.340 I'm not trying to get anything in trouble. I get out the car. I'm like, you okay. He's like,
00:45:04.800 yeah, yeah. He's like, I'm fine, but you got to watch where you're going. And he's like,
00:45:08.900 can you give me some money? And I'm like, this guy's not going to sue me. This guy doesn't even
00:45:13.020 going to get information. And I empty my pockets. I think I had like $500 on me or something. Empty
00:45:18.040 my pockets. We settled that lawsuit right there for $500. But this was just a flip example of someone
00:45:24.860 that that could have been someone else. And then really tried to make him way more than it was.
00:45:29.440 This guy was like, look, you didn't hurt me, but pay attention. And I gave him $500 just for the
00:45:34.700 inconvenience and the little bruise he may have had. So I've been there in many ways.
00:45:39.760 Yeah. You know how it is. In our litigious society, whether they think you're a star or not,
00:45:45.340 I'm sure all of our listeners right now are like, yup, me too. They've had a situation where
00:45:49.580 somebody decided there might be gold at the end of that rainbow, went after them over BS lawsuits.
00:45:54.880 This is the downside of the American litigation system. Wait, do we have time to play the video?
00:45:58.460 We just got it. Oh, wow. My team. There we go. All right. Yeah, let's play it. We got it. It just
00:46:05.160 came in. Michael Irvin's hotel video surveillance. Hard to see. There's no audio. I don't know what
00:46:11.840 the hell I'm seeing. I need circles. I need, I need X marks the spot. We're going to see the girl on
00:46:17.080 the right. Michael, I, Michael has a jacket. Are they talking now? Seem to be talking. I don't see
00:46:26.680 anything. I, my, my view is not very good. I confess that the audience can't see my mind.
00:46:35.700 They're talking to men are sort of meandering around. I don't see any physical. Celebrity
00:46:42.720 hovering right there. Yeah. Celebrity hovering, right? Somebody's like, Hey, that's Michael Irvin.
00:46:48.360 Nothing. I don't see him grabbing her, but he admits. Space between them. Constant space between
00:46:54.280 them. Does not look like a sexual assault. I can certainly say that. He's gesturing or she's
00:46:59.320 gesturing. There's no sex. There's no contact. It's kind of tough. No, I don't even see the elbow
00:47:06.460 thing here, Marcellus. I see nothing. Oh, she did the lean back. The lean back is always like,
00:47:10.880 Oh, that was funny, but not really. So that means, uh, I'm liking you. Oh, is that a handout?
00:47:18.180 It could be. There's not a grab. I can't, I can't see it very well. I'm not learning anything
00:47:25.240 from this video. Nothing at all. Like I told you, that's a straight B. She put, she put her Mac in.
00:47:31.400 Oh, the elbow. He leaned, he leaned forward there. I could see him being a little drunk from the way
00:47:37.240 he's, uh, standing. I do. Who the hell knows? Total speculation. I have no idea. It looks a
00:47:41.660 little unsteady. Oh my goodness. It keeps going. But at this point, if you're an employee, don't
00:47:47.240 you just say, I got to go. My boss is there. I'm not sure. Like there's so many ways to get out of
00:47:51.600 it. Yeah. She's doing a lot right now. And now the guys are there. Yeah. Now the two other guys are
00:47:58.040 coming over, but no, they're not like coming over to intervene. They're just sort of lingering.
00:48:01.220 And then she walks away. Well, I mean, I'm sorry, but that looked like much to do about
00:48:06.920 nothing to me. Like move on. It's a nothing. My God, if I could list for you, the things
00:48:11.160 that have been said to me, especially during my college years, it would make what he said
00:48:14.320 look like a P like a G rated Disney film. If that's the salt, we're all going to jail.
00:48:21.000 Exactly. I think I've assaulted people too. All right. Mark, Marcella, stand by. He stays
00:48:25.640 with us for the rest of the show. And we will be right back with Tom Brady and also latest
00:48:30.180 in Colin Kaepernick.
00:48:31.220 Just to continue the discussion we were just having, I just wanted to mention one thing.
00:48:38.460 Michael Irvin did suffer pain as a result of this allegation. He was kicked out. He wasn't
00:48:43.040 allowed to do his job for the NFL over the Super Bowl. He sent home. And that's why he
00:48:47.360 was so mad. And this is like sort of, you know, the punishment comes before the crime's
00:48:50.580 even been investigated. So it's BS and we do need answers. And the NFL needs to seriously
00:48:55.000 revisit. It's, you know, make sure your hall monitor, everybody who works for us and run
00:48:59.360 in and tell us, like if something escalates to the point where a civil lawsuit's been
00:49:02.800 filed or a criminal complaint is made. That's one thing. None of that happened here. It was
00:49:06.760 basically just like an unfortunate encounter that got blown up. Okay. That's that. Is
00:49:11.560 something similar happening to Tiger Woods? This is kind of interesting. I saw the headline
00:49:17.500 about him looking for it in my pack. You can't find my page. Um, but Tiger Woods got accused
00:49:22.380 by an ex-girlfriend. He's been with this woman for years of allegedly sexually assaulting
00:49:27.580 him. However, she didn't make it. She didn't, she didn't expand. She just checked a box on
00:49:34.220 a federal lawsuit sort of complaint form that said, is sexual abuse involved in this? And
00:49:38.900 she said, yes, without expanding on it. And she's going after him, even though she's signed
00:49:44.160 an arbitration agreement with Tiger, which I guess he makes all of his girlfriends. It's sad,
00:49:49.100 but you kind of have to, if you're this famous and this rich sign a non-disclosure and an arbitration
00:49:53.840 agreement, um, to, in order to come into Tiger's life. So she did that reportedly. And now she's
00:50:00.160 gone public. She's filed a public litigation in which she's including that claim I mentioned
00:50:04.220 and trying to come after him. And his team is fighting back saying, number one, you agree to
00:50:08.720 arbitrate. Number two, you sued his trust, not him to try to get around this arbitration agreement,
00:50:13.420 which, you know, is with him because you want the public to see these allegations. You're trying
00:50:18.200 to shame him into, into paying you something. And number three, they're saying, you're a psycho.
00:50:23.940 You, you, you're the problem. This is just a breakup that you're upset about. You're a jilted
00:50:31.020 lover who's now trying to drag his name through the mud because, you know, he's got a history
00:50:34.480 that will be used against him. And indeed, that's kind of how it's played out in the press where all
00:50:39.360 the headlines were like, Tiger does it again without any proof to substantiate that.
00:50:45.120 It's a tough play. Um, the parties involved, the toughest thing about this is the details.
00:50:52.100 Obviously that's where the devil lies. And in this situation, when you hear it from 30,000 feet
00:50:57.520 up, you're like, ah, there's two places you go. You're like, here we go, Tiger. You can't get right
00:51:02.840 with the ladies. Again, we've known that all your indiscretions have involved relationships,
00:51:07.960 right? That's what we're into again. Or you also look at Tiger as now a sympathetic figure and you're
00:51:14.160 like, oh man, he may be a victim of his own success, a prisoner of his own success. And this
00:51:19.820 is what comes with the territory. Um, it's interesting. When I read the story initially,
00:51:27.120 Tiger Woods was breaking up with his girlfriend, took her to the airport on a trip that they booked
00:51:33.360 for her by herself, which to me already a strike one. Like when I've never been in a relationship
00:51:38.760 where my partner says, Hey, I'm booking you on a trip solo to go somewhere by yourself. And I'm
00:51:44.940 going to take you to the airport. And then when she gets to the airport, they're like, don't ever
00:51:48.660 come back. And we changed the locks. That's how it initially hit. Now they say the number one reason
00:51:54.180 for false accusation on any thing, on any scope, any level is shame. So when that hits the newswire,
00:52:02.100 imagine you're this young lady, you just got, you broke up with Tiger Woods. That's already kind of
00:52:05.940 devastating. Life's going to be different. Let's just say that. I don't give a damn how much money
00:52:09.440 you got. Life's going to be different than being with Tiger Woods. And then you're like trying to
00:52:14.860 find your comfort zone, trying to get your footing back. And everyone is clowning you, shaming you.
00:52:20.640 Dog, look how Tiger Woods broke up with you. In that place, do you make something up? Or in that
00:52:26.560 place, do you actually go back to all the things that you forgave him of? That now you're like,
00:52:32.180 you know what? Forgiveness is out the window because you embarrass me. A lot of times that's
00:52:37.500 where we end up. In this situation, look, Tiger Woods needs to just stay single, man, and mingle.
00:52:45.520 Like, I think Tiger needs to be Tiger. No more cage, Tiger. No more, okay, I'm trying to be
00:52:51.300 domesticated, Tiger. Tiger, just be who you are. And if that's the one who loves the ladies, you're
00:52:56.680 not the first to do it. It's okay. Now, I heard one thing about this was interesting, that they had a
00:53:04.060 clause that she thought that they would stay together five years post-breakup because she
00:53:10.520 provided valuable services. Whenever you break up with someone and their response or what they hang
00:53:17.120 their hat on is not love or emotions or they miss you, it's valuable services. It lets you know we
00:53:24.640 already was in a transactional relationship and this thing had no chance of ever working out.
00:53:30.020 I don't know the inner workings of that relationship, but it looks a lot weird and weirder when you hear
00:53:36.200 every single detail that makes you say, Tiger, stay away from the ladies right now, unless you guys have
00:53:42.700 a clear understanding.
00:53:45.000 But doesn't it, like, you were in the NFL for how many years?
00:53:49.580 Ten years. A decade.
00:53:51.360 Ten years. Okay, so go Bills. And I know you're with Chargers and others from Dallas.
00:53:56.280 But Bills, I'm from the state of New York and Syracuse in particular, so yes, go Bills.
00:54:00.460 Yes.
00:54:00.860 I got to imagine when you were playing there, you had to worry a little bit about somebody doing
00:54:08.180 this kind of thing to you, you know? Like, I've talked on the air before about I've heard
00:54:12.380 on, like, some superstar baseball players whose names you would know and make the extreme measures
00:54:16.920 they have to go to to make sure that a young woman coming over to their house at night doesn't turn
00:54:22.380 around and say, I was raped. Something terrible happened. You know, you're a target. The bigger star you
00:54:28.460 become, especially professional athletes, I got to imagine it's a concern. It's got to be a scary
00:54:34.780 element of being a star.
00:54:37.340 Oh, absolutely. There's an anxiety that comes with every encounter, male and female. Let's just be
00:54:43.080 real. Every dude you meet, you're like, is he a groupie dude? Is he going to just be a yes man?
00:54:48.300 Is this dude really trying to come in here and be the homie? Or is he just trying to get all the
00:54:52.580 perks that come with being around me, which includes other ladies, you know? You draft off of everybody
00:54:57.920 that wants me. And then you just sit there and start having fun and poaching off of that. Yeah.
00:55:03.080 That's the man conversation to another man, let alone to a lady when you're always vulnerable,
00:55:08.760 no matter what was said, no matter what was written, as in this Tiger Woods situation,
00:55:14.100 doesn't matter because it can come down to a single moment of he say versus she say. So I had that
00:55:22.220 anxiety. And one of the things that actually protected me was my upbringing, was my background.
00:55:28.880 A lot of women would bring it up and I would echo it because they brought it up. They were like,
00:55:33.660 oh, so you're from Compton or you're from the hood. And I was like, yeah, yeah. Oh, wow. Your
00:55:38.080 family was gangster. And they were all in the streets. I said, some of them. And then they were
00:55:41.920 like, wow, that's crazy. Let me hear some stories. I give them a couple. Next thing you know,
00:55:45.860 they're kind of scared to mess with me because they know I'm connected to that life and that
00:55:50.160 lifestyle. And I'm not like overtly, but yeah, I'm a phone call away from making this life different
00:55:55.960 for everybody, including me. So I'm like laughing. And that actually made people scared straight.
00:56:01.600 Like even my boys, some of them are like, dog, don't mess with Wiley. Why? Because Wiley know folks.
00:56:05.980 And then it's almost like in the movies when you know someone knows a soprano, you know, you're like,
00:56:10.700 uh-oh. So I never had to worry, but I had anxiety. Like I'm going to get caught up in some situations
00:56:18.480 and it's her word versus mine. So the way to do it is just like how you play sports. You actually
00:56:23.280 got a game plan. You actually got to call the right place. And there are no guarantees. No matter where
00:56:28.620 you go, no matter who you meet, no matter what you do, you're still vulnerable to a woman's word.
00:56:35.440 And I think a lot of men know that, especially men of celebrity.
00:56:39.640 It's scary. I mean, it's scary just for me as the mother of two boys who, you know, in 10 years
00:56:45.780 are going to be going off to college. And the system in college is so weighted against the boys,
00:56:51.400 the young men who get accused. Like as somebody, listen, I understand there are a lot of actual
00:56:55.520 victims out there and the pendulum used to be against them entirely. But we've overcorrected
00:56:59.820 to now where we're throwing the boys under the bus without much investigation. And you have to be
00:57:03.680 very wary of it. I don't know what to tell them. I know you've got four kids. Like,
00:57:07.060 what do you tell the kids? What do you, what do you tell the boys about how we're not celebrities
00:57:12.300 about how to make sure this doesn't happen? Well, it's nothing you can say that's going to cover
00:57:18.280 all ground, all the basis. It's just impossible because the circumstance is not just based on
00:57:24.860 the objective parts that we can discuss. It's based on who we're talking about. I don't know this young
00:57:30.020 lady. I haven't met this young lady. Matter of fact, you haven't met this young lady yet.
00:57:33.440 My son is seven, so it's a little early for the conversation, but we will have to have it.
00:57:38.400 And in that moment, I've been in every single predicament, it seems, that can exist in celebrity
00:57:45.060 and these kinds of relationships. And it always comes down, just like in football,
00:57:51.360 you have the best play, the best players, everything's in your favor, but it still depends
00:57:56.480 on what you do in that moment of truth. When that ball is hiked, what are they doing and what are you
00:58:02.900 doing? I almost look at it the same way when I talk about relationships. Oh, we had the best night
00:58:07.880 ever. We had drinks. Oh, dinner was lovely. After that, we went back to my place. Oh, it was amazing.
00:58:15.480 We played our favorite songs. We danced in the twilight. Yes. Yes. All that sounds great. It
00:58:20.440 sounds poetic. It sounds fairytale. And then it can go different. It can go complete 180. She could
00:58:28.620 say something happened that did happen or didn't happen. You could do something different than the
00:58:33.620 gentleman and the nice fellow you were for the last few hours. All I say to my kids already in my head
00:58:40.920 is when that time comes, you're going to have to read that moment because you got to put yourself
00:58:46.200 in the best position, but you also got to read that moment. Never get lost in that moment because
00:58:50.960 you can lose it all. Well, I love what you said before about, you know, part of his like upbringing
00:58:55.500 and just also parenting. Like, you know, if you're raising smart, well-informed kids who are reasonable
00:59:02.280 and exposed to a lot, hopefully they develop that good sixth sense. They understand when they're in
00:59:08.180 danger, you know, and danger can take many forms. They have the good judgment to pick
00:59:12.320 mates or potential mates, even if it's for a night, but ideally, you know, ideally there won't be too
00:59:17.480 many of those. Ideally, it's more of like a love situation where you really trust this person.
00:59:21.960 You're like, that's all, that's all baked into the cake when it comes to good decision-making.
00:59:27.460 It is, it is. And even that's not foolproof. You could be with somebody for months. You could be
00:59:32.460 with somebody, I've been with people for years. And as soon as you break up, oh, another version of that
00:59:37.380 person comes out, especially if you're the one doing the breaking up, right? Like we've all been
00:59:41.240 go to divorce court. Like, just listen to those people in there. You're like, are these enemies
00:59:47.200 rivals? No, these are people who just got divorced. We're married for 20 years. We're together, have
00:59:52.820 four kids. And you're like, that's coming out of their mouths. Yes, that is exactly what I'm talking
00:59:59.020 about. So I'm just a person that I don't have that unconditional trust for these situations. I just
01:00:06.000 don't, I don't lose myself in the moments. And still you find yourself victim to like, oh,
01:00:11.540 Marcellus was mean last night. Mean what? Oh, you hear what he said? And even those are kind of
01:00:18.280 little indicators of what can be. I tell people all the time, one of the Wiley-isms I love
01:00:23.420 is that the universe whispers before it yells. And the universe will just give you hints. If you want
01:00:31.020 to know about something or somebody, listen to them. They'll tell them themselves. But the problem
01:00:36.440 is when you're in love, infatuated, you're rooting for something to happen or somebody to be something
01:00:42.440 you think they are. You skip past those steps. You run those stop signs. You're emotionally clouded
01:00:49.100 from even hearing what they're saying. And then to your point, you got to trust your intuition.
01:00:56.520 And I know we're not schooled to do that, but I remember reading this study that said that your
01:01:02.300 intuition compared to your cognitive thought is 6 million times faster in response. What does that
01:01:10.640 mean in layman's terms? When you're walking down the street and you just feel something, trust,
01:01:16.140 you felt something. Not, oh, don't think it away or I'll think it and be like, oh, that's nothing,
01:01:21.880 nothing. You felt something. And so the energy of this world is always transferring and transmitting.
01:01:28.080 And I'm a person that really reads into those wavelengths. You're not going to catch me
01:01:32.440 slipping. And if you do, okay, I got to get up from that fall down and then respond.
01:01:38.580 Yeah. Love and sexual attraction can be such a confusing film over your intuition, right?
01:01:47.020 Intuition, right? So it's like a man maybe with a woman who could potentially hurt him or make a
01:01:51.480 false allegation. You might not know it, might look past some of the sort of, what's it? Stage four.
01:01:58.120 What's the thing from wedding?
01:02:00.380 What are you? Wedding crash?
01:02:02.640 Stage four glommer or stalker. What is it? Clinger. Stage four clinger.
01:02:06.000 Clinger.
01:02:07.080 Could be like you overlook that. Or on the women's side, I've seen this with women of abuse who they fall
01:02:14.000 in love. The guy's amazing. And the guy doesn't punch you in the face on the first abuse. He
01:02:19.680 starts alienating you from your friends. He starts controlling your bank account. He starts tracking
01:02:23.820 your phone. He starts objecting to you making independent decisions about your life. Like the
01:02:28.620 siphoning off of you from all the people who actually care about you and looking out for you
01:02:33.000 starts slowly and builds up. And these women overlook it. Oh, we're in love. Oh, it's fine. Oh,
01:02:38.260 he just wants to be with me. Oh, he's just a little jealous. And then boom,
01:02:41.700 that's when you get it and your support system's gone because you haven't listened to that sixth
01:02:47.240 sense. The film of sexual attraction or love has confused that strong sixth sense.
01:02:53.380 Yes, exactly. Like you don't put the frog in the boiling water. It'll just hop back out, right?
01:02:58.420 You put it in room temperature water and slowly heat it up. And that's the example that they use
01:03:03.620 a lot of times for these situations. I've been there and I've been there. I just,
01:03:08.580 I've been on dates when I literally was looking and not hearing anything. I was like, she is so
01:03:14.740 fine. So beautiful. And then meanwhile, she was telling me, look, I like the party. I don't believe
01:03:21.000 in monogamy. I don't like to cook. I don't like kids. Like I'm just hearing all the stuff that I
01:03:27.320 like. And I'm just like, whatever. Look at her. And then you wake up from that spell as soon as
01:03:33.620 something overtly happens or you just wear off of that spell. You're like, wait a minute. Who are
01:03:38.840 you for real? Happens a lot with athletes. They get, they retire. And then all of a sudden it's
01:03:43.620 time to meet your wife again. Cause you're not on the road. You're not busy. You're now it's time
01:03:48.920 to meet who you married 10 years ago. And I swear it feels like 50% or more. They get divorced in
01:03:54.420 like six months. Soon as they got to meet each other again. Well, okay. That leads me to Tom Brady.
01:03:58.620 So we're, we're going through all the sports news, Tom Brady. I don't know whether this
01:04:03.720 is true, but there is some discussion in the sports arena of him unretiring and possibly
01:04:11.600 going to play for Miami. Uh, and there's been speculation on this. Some, some, uh, like
01:04:17.620 journalists in sports world and others have spoken out saying it's a good bet. I'll say, uh,
01:04:22.980 let's see Scott Zolak, former NFL quarterback who has spent more than 10 years on the Patriots
01:04:28.860 radio team said he believes not only will Brady return, but the most likely place is Miami.
01:04:34.500 He told NBC sports, Boston, Brady may go to Miami. I think that's in play. The possibility
01:04:39.100 of him coming out of retirement is 100% in play. That's what he says. Um, sportscasters,
01:04:45.360 Rich Eisen and Colin Cowhart both said they also believe this could happen. He's officially
01:04:50.940 a free agent as of tomorrow. So any team could contact him about playing. And, um, Zolak went
01:04:57.740 on to say, I know that Brady's handlers have moved to Miami and that he's supposedly looking
01:05:03.480 at private schools there for his kids. Now the dolphins already have Tua Taglo Viola. He's
01:05:10.900 the guy who got the concussions. I'm sorry if I butchered that last name. Um, but of course
01:05:15.840 there's a question about whether Tua is going to, you know, be there for the longterm given
01:05:18.960 all the injuries. And this would be unbelievable. One thing for the record, uh, they spoke with
01:05:23.380 Gronk, uh, you know, his longtime teammate and Gronk said, uh, he's done playing. Tom
01:05:28.760 is definitely totally done playing. I have no inside information, but I'm basing it off
01:05:32.500 of his retirement announcement. I think all this is nonsense. What do you think?
01:05:37.940 Um, I think that we need to first just applaud Tom Brady for not only at this age 45, having
01:05:46.020 the opportunity to still play and the leverage to command this much attention and interest
01:05:52.520 if he's still going to play, that's amazing. Yes, exactly. Like, and then have a 300 plus
01:05:59.520 million dollar job waiting on you as a Fox broadcaster. Let's just be real about this.
01:06:04.280 Like compare that to our realities, right? I'm a former player. I played a decade and a couple
01:06:10.860 things retire you from the game. One, you just can't play as well as you want to like,
01:06:17.500 that's literally, I think the starting point when you realize your better days are certainly
01:06:22.140 behind you than in front of you, then it's time to start thinking retirement. Another thing
01:06:26.800 that retires you is what's out of your control. The politics at play, we drafted someone who's
01:06:33.060 almost as good as you, but they're 21 and cheap. Well, guess what? The politics at play,
01:06:38.080 you get released and everyone runs that same. They run that same understanding. Like, look,
01:06:43.840 every team is going to look for the younger, cheaper version. You find yourself on the outside.
01:06:48.320 Tom Brady's not in that conversation. Tom Brady still can play well going forward. He can still
01:06:55.280 lead a team going forward, but last year wasn't his best year. And he knows that does he want to go
01:07:00.800 out that way. It's a very emotional decision to make to retire. That's why he's unretired before.
01:07:08.040 That's why I think he's going to unretire again. Why not? It is a child's game you're playing.
01:07:14.780 You play it till you can't play it anymore. The saying in the locker room is you ball till you fall.
01:07:20.700 And Tom Brady hasn't fallen yet. He's still in place to command a starting job wherever he decides to go.
01:07:28.640 So that guy has opportunities. He has leverage. The only thing that's making you give it up maybe is
01:07:34.740 the process. Maybe it's the preparation. But Giselle divorced to Tom Brady moves to Miami. Tom Brady,
01:07:42.880 if he's smart, moves right there because his kids are there. And now they have the co-parenting
01:07:48.800 situation locked up. And then I can play for the local team. Like, what do I have to lose? My legacy
01:07:54.960 is solidified. No one cares about Jordan's wizard years. No one's going to care about Brady's dolphin
01:08:01.380 years if they don't go well. So it's a no-brainer to me if he can make it happen in terms of the
01:08:08.440 contract and in terms of making sure that no one else can take him from that situation. He can land
01:08:13.760 directly with the Miami Dolphins. I think everyone's correct. Where there's smoke, there's fire. He's
01:08:18.840 going to be a dolphin. That's fascinating and riveting. And I do think the divorce makes it
01:08:24.240 more likely, of course, because she didn't want him to keep playing. And, you know, reportedly that
01:08:28.080 factored into their divorce. Now he's a free man. He's about to be a free agent. He can do what he
01:08:33.480 wants. But just help me understand, because I was never a big athlete. I don't I feel like you'd be
01:08:39.500 tired. Maybe you'd want to get your 300 million from Fox just to do the commentary now and not have a
01:08:47.140 bunch of big guys trying to knock you down every weekend. And, you know, the aches and pains get
01:08:50.980 tougher as you're in your mid-40s versus when you're in your mid-20s. Like, what is it about
01:08:55.980 this game that he cannot walk away from? Yeah, we all have our vices. And one thing about athletics,
01:09:04.140 I remember I was in Barbados or something in the cab driver. He was like, oh, you're an American
01:09:08.700 football player. I was like, yeah, yeah. He was like, big guy. Yeah. He was like, he said, you know,
01:09:13.180 what's most amazing about pro athletes? I was like, nah. He's like, you do something for a living
01:09:18.700 that every single person on this planet tried to do at least once. And I was like, what do you mean?
01:09:27.060 He's like, everyone has grabbed the ball. Everyone has kicked the ball. Everyone has closed their eyes
01:09:32.340 and said, OK, I'm going to make the championship shot and open their eyes and swish. Everyone's
01:09:37.500 trying to be an athlete. He's like, I don't know other professions where every single person
01:09:42.980 try to at least do it. And I was like, that's interesting. He said, and you made it. Now,
01:09:48.140 why do I say that? Not only did Tom Brady make it, he's the damn goat. Like all of those people,
01:09:55.600 billions and billions of people who have tried to pick up a ball with their pops, their moms,
01:09:59.780 to the ones who make it pro to, oh, you're considered the greatest of all time. Excuse me,
01:10:06.540 if I don't ever want this dream to end. And that's what he's going through right now.
01:10:11.220 Now, you're playing a child's game at 45 years old, getting paid handsomely. Why would you stop
01:10:18.360 that? I wouldn't stop it. And he's a quarterback. So that's the most protected position that gets
01:10:24.980 the most love from not only the team and support, but also from the fans and from the business of
01:10:31.780 the NFL. They get paid the most, they get touched the least, and they get the most love.
01:10:36.400 Um, sorry, y'all don't live like me. And sorry, if I keep going through this roller coaster of
01:10:42.260 retiring and un-retiring, but I'm really not trying to let that scenario go.
01:10:46.480 Wow. You remember when somebody paid, it wasn't like $85,000 for a vial of sand
01:10:50.820 from the beach where he announced the retirement. It was some insane number. If he, if he un-retires,
01:10:56.440 does that person get their money back?
01:10:58.020 I hope they wrote that clause in there, but I hope they didn't use Tiger Woods as lawyer because
01:11:03.680 then that clause wouldn't mean anything in the court of law.
01:11:07.020 What do you think? Here's the last question on Tom Brady. Do you think if, is there any chance?
01:11:12.220 Cause I know you saw, you made some tweet about like, we've all stalked our exes online. Like it
01:11:17.560 just sort of checked them out after it's over. And that's gotta be somewhat painful. Even for Tom Brady,
01:11:24.340 who can probably get any woman who's single and straight in America. Um, because Giselle is on
01:11:31.940 this crazy modeling tour. She's like, get it on again. Like she was been on the sidelines for too
01:11:36.700 long and she's done this ad campaign we're showing here for a rezo where she's got the, I mean the
01:11:42.600 body, this woman has had two children. She's just a freak of nature. I just, I don't understand how
01:11:47.100 this happens to a woman. Um, but good for her. And she had another thing. She was down at Carnival and
01:11:52.780 she looked amazing. And she's had a cause she was on the cover of, uh, Vogue Italia. I could go on.
01:11:57.940 I don't know. Do you think there's still hope for those two?
01:12:02.060 Um, hope for those two without knowing Giselle at all. And I know Tom Brady, but I don't know him
01:12:09.580 like that. Um, I think this is a time for them to breathe and really take in their success. So what
01:12:17.340 happens is if you get married too early and I have two friends that are recently divorced because
01:12:22.960 they got married really early, you don't really get to check your identity box fully. Right. And
01:12:29.520 so you're always curious of how would life be without the, the significant other, without the
01:12:36.120 handcuffs, if you want to call them that. Right. What would it look like if I had complete freedom?
01:12:40.880 Now I always tell them, trust me, it's not going to be as good as you think. It is false advertisement
01:12:45.920 out there in them streets. You go to the local club and bars and hang out. You're going to find
01:12:51.300 out quickly. Things look great, but all things were syrup ain't pancakes. And I'm like, it is not
01:12:56.820 that fresh out there. So they find out the hard way, but you got to find out. I always give this
01:13:02.340 example. You go to six flags, right? You're waiting on the rollercoaster. It's a three hour wait.
01:13:07.100 And you're like, Oh God, but I heard this is the best rollercoaster in the world. Okay. I got to do it.
01:13:11.500 And you're sitting there in line, line, you get close to the front and people are starting to get
01:13:15.800 off saying, Oh, that ride sucked. I would have never waited that long. Oh, that ride sucked.
01:13:20.500 Would you get out of line? Not a single soul in this world, right? I got to figure that out and
01:13:26.120 find out for myself. So that's what happens with people. People don't care what you said. Oh,
01:13:31.560 that's what happened to you. Oh, that's how your experience was. Let me go find out. So Giselle's
01:13:36.300 going to find out. Are these single men out here? Are they really checking for me? Am I checking for
01:13:41.300 them and vice versa with Tom Brady? I think the experience will be better for Tom than it will
01:13:46.280 be for Giselle. Why? Because Tom Brady is still doing football. He's still in football. He's going
01:13:52.300 to unretire if he wants to. He's still in that zone. He's still going to be a broadcaster in football.
01:13:58.620 Giselle is modeling. That's great, but she modeled forever and she's still going to model forever.
01:14:03.940 But in the same scope, she's used to that. Tom Brady's not only a football player who's now
01:14:10.700 single. Lord, that was a beautiful place to be. And he could be a broadcaster single. And then he's
01:14:18.360 already known what it felt like married and single. I just think Tom Brady is going to have a greater
01:14:23.960 fun time being single than Giselle. And then you know how the kid dynamic plays with a mother
01:14:29.800 different than a father. We'll see how it goes down, but I don't think they're looking
01:14:33.860 at each other right now. I think they're looking at who I can be without this other person always
01:14:38.260 around me. I mean, I think their biggest challenge is, as I say, he has, okay, he's the most eligible
01:14:43.380 bachelor now, but, and I'm sure there are many women who are like me, me, me, me. But I feel like
01:14:48.840 there'd be so much pressure to follow Giselle or to follow Tom Brady for that matter, as the new love
01:14:55.180 interest of one of those people. Like part of the problem they have is that they've already been
01:14:59.700 married to the top, top, like the most beautiful, the most successful, you know, they're going to
01:15:03.620 have to go for something alternative, like the smartest or the, I don't know, the biggest risk
01:15:08.780 taker, like a Richard Branson, you know, or I don't just something totally unexpected that,
01:15:14.360 because, you know, you've already been at a plus plus. Yeah, that's interesting. I just saw Tom Brady,
01:15:19.820 what was it a week ago at the bones Jones fight in Vegas. And look, there's a line around the world for
01:15:26.780 both of those people, like Tom and Giselle are fine the way they are. And they could just say,
01:15:32.560 your turn, your turn, your turn, right? No one feels sorry for them. But when it comes to being
01:15:37.660 authentic in this world today, you just got to take whatever that you want in terms of package.
01:15:43.300 And some people let's be real, don't want authentic. They want someone that, Hey, this is a business
01:15:49.200 relationship, you know, marriage outside of inheritance is the number two transition of
01:15:56.680 wealth in our country. Like either you're going to get it from mama or daddy, or you're going to get
01:16:00.640 it from who you marry. That's number two. So maybe they're looking for another rich, successful,
01:16:05.720 wealthy person. That's just nice enough. You never know, or they want the guy or girl next door,
01:16:10.480 but they got options and that's all we want in life options.
01:16:13.760 Yeah. Yeah. Well, I, I don't know Tom Brady, but we, we, I've seen him on vacation a few times
01:16:20.080 and literally every single friend I have is like, could you introduce me? Could you do? I'm like,
01:16:23.700 I don't know. No, but yes, there's, there's definitely interest. Um, okay. Let, let, let's,
01:16:29.800 uh, let's shift gears. I'm going to take a quick break and then we're going to come back and I got
01:16:32.580 to talk to you about what's happening. Cause I know you got daughters big into sports, what's happening
01:16:36.400 in women's sports. And in particular, we're going to kick it off with a discussion about women's
01:16:41.040 weightlifting as we pick it up with Marcellus Wiley on the backside of a quick, quick break.
01:16:45.220 Don't go away. Marcellus, um, I know you've spoken out about, uh, transgender women, meaning
01:16:52.800 biological men who want to live their lives as women, um, infiltrating or taking over or participating
01:17:00.460 in actual women's sports. And, um, it's happening more and more. We, we talked last week about this
01:17:07.100 school in Vermont that to its credit actually spoke up against this. And, uh, it's a Vermont
01:17:12.460 Christian school. And what they did was, um, it's called mid Vermont Christian school. They said in
01:17:19.160 the state basketball playoffs, we are not going to play against a team that has a transgender student.
01:17:24.660 We're not sending our biological girls to play against a team that has a biological boy on it.
01:17:29.320 It's not safe and it's not fair. And we don't care that it's the state playoffs. We're not going to do
01:17:34.280 it. And, uh, the Vermont law requires this to be allowed. So now there have been penalties.
01:17:42.480 They are prohibited from participating in any future tournaments. The Vermont principals association
01:17:49.300 has ruled that they can't do the future tournaments and no one from the school, any sport at the school
01:17:56.600 is now banned from all state tournaments, not even just basketball, because they took this position
01:18:02.140 about playing against a biological boy. They were, and they said, we're looking out for our students.
01:18:08.420 Basketball in particular is physical. It's, it's not like even swimming, which is still controversial,
01:18:15.020 but like, you don't just swim in your own lean. Nobody touches you. It's, it's physical. So let's
01:18:20.520 start with that and then I'll get the power lifting.
01:18:22.280 Yeah. Um, my stance is very clear on this. Um, boys play with boys, girls play with girls
01:18:31.060 and transgenders. If you want to participate, should play with transgenders. Um, just like
01:18:35.860 we see in competitions where there's a special Olympics category and they're able to compete
01:18:40.980 against themselves as well. Um, and this is not a social conversation. It's not a conversation
01:18:47.040 about identity. This is about biology. This is about bodies. Um, and in sports, we've already
01:18:54.960 been able to differentiate between men and women's sports. And it's weird. Let's get deeper on this
01:19:02.520 first. When there's men and there are women participating, actually there are opportunities
01:19:10.040 for women to play with the men, but there are no opportunities where the men could play with the
01:19:15.100 women. If you think about it, like in those competitions. So it's funny, we say male and
01:19:20.000 female sports. What we really should say is female sports and open. Like if you can compete with the
01:19:25.780 men, go ahead. But in this situation, what, what came to life was, um, conversations, uh, what would
01:19:33.740 I do with my daughters? And I have three daughters and I said, I wouldn't allow them to compete against
01:19:39.180 a transgender. And it's not out of disrespect to a transgender. Yes. Your best friend could be a
01:19:44.480 transgender. But in a competition where we're actually trying to measure your physical body
01:19:49.900 and your strength and endurance and conditioning, et cetera, there's no way because it's not a level
01:19:55.280 playing field. And I can dive into the weeds of why, but it's not only unfair, but it's not right.
01:20:04.460 I am a man and I know what I possess in terms of strength and I, and capacity. And no matter what I do
01:20:12.620 the transition from being a man, my complete body won't make that transition. You could say the
01:20:19.220 hormones, you could say some parts of the anatomy, but not a complete transition to a woman. I could
01:20:24.740 not give birth. Like the point is to keep it simple because I do respect them as people. I just don't
01:20:32.880 want them to compete against my daughters as an athlete, just like I wouldn't compete against my
01:20:38.620 daughters as an athlete right now. There was a professional football league and I'm 48 years
01:20:44.480 old and I got one knee and no hips. It feels like some days I literally will make the pro bowl in the
01:20:49.580 women's league. And people were like, Oh, you think, let me tell you what I possess. I possess a capacity
01:20:56.120 that is just greater than a woman in terms of the physical metrics. You can take it to any sport.
01:21:04.020 The longest drive average in golf. It's like 40 yard difference for men to women. Oh really? Yes.
01:21:11.940 Even in golf. Now you want to talk about physical sports or combat sports. Oh, it gets greater in
01:21:18.780 extremes. So I just looked at the conversation simply and try to address it. It's weird that we're in a
01:21:25.000 place in our society that stating the obvious is controversial. Like I'm like, I'm not trying to be
01:21:32.560 controversial. I'm just telling you, there's a reason why we have that. My son is seven.
01:21:37.920 We had a four-year-old boy play on our team last year. Every one of those seven-year-old boys
01:21:45.880 was protecting that four-year-old because they knew he couldn't do what they could do.
01:21:50.860 And that's the same thing when you get into this conversation deeper, you know, what you are capable
01:21:56.840 of doing is a different capacity than those you're competing against. So your heart and your VO2
01:22:05.280 capacity, greater as a man than it is, larger as a man than it is for a woman. I can go down the
01:22:11.800 laundry list. So I really want to keep it simple so I don't demonize transgenders. I am not
01:22:17.640 disrespecting you. I'm just saying male sports, female sports, transgender sports. Let's play ball.
01:22:24.820 Mm-hmm. Amen. And on the powerlifting, it's so obvious. This is another one where it, no,
01:22:32.120 you're not going to hurt somebody because you're not powerlifting against them exactly. But that's
01:22:38.080 all about strength, right? It's like, that's the area in particular where men have an obvious natural
01:22:44.300 advantage over women. National Review has this great piece up where they spoke with this athlete
01:22:50.160 in Canada. And it's not just Canada. I'll tell you what's happening in Canada, but it's happening
01:22:54.240 in the United States because we just covered a court ruling that went against the biological
01:22:57.580 women. Transgender athlete named Christine Bainton. She says, this is from the National
01:23:04.540 Review piece, she had no idea she'd been beaten by a man at the 2019 British Columbia Powerlifting
01:23:09.580 Association Fall Classic until she heard the winner accept the first place trophy. It was a man's voice.
01:23:14.520 I said, what's going on here? Turned out it was this transgender woman named Anne Andres, who's a man
01:23:22.700 who is allowed to compete against the women, get this, without any restrictions under the Canadian
01:23:29.280 Powerlifting Union's trans competition policy. This person, Anne, doesn't have to take hormones,
01:23:36.000 doesn't even have to declare that Anne is trans. Anne can just enter the women's competition
01:23:43.520 without saying anything about the fact that Anne has lived all of Anne's life as a man, has a penis,
01:23:48.860 hasn't done a thing about her testosterone, Anne's testosterone, and go for it. Crush everybody.
01:23:55.460 Good on you. That's the Canadian rule. And Anne has been crushing and has been earning medals and
01:24:01.560 setting records. And it just happened here in the United States, where in Minnesota, they ruled
01:24:08.020 that USA Powerlifting must allow transgender athletes to compete in the women's division.
01:24:15.940 Too bad if you don't like it. And can I just say, one of the reasons why now they're protesting up in
01:24:22.000 Canada, it takes a lot to make the Canadians protest. You know, it's like, it's not really there.
01:24:26.940 I know. I'm married to a Canadian. I know.
01:24:29.720 Yeah. They're nice. Like, they usually go along to get along.
01:24:32.100 But one of the reasons is that this powerlifter, Anne Andres, is kind of an asshole.
01:24:38.940 Kind of rubbing it in their faces. Here's a little sample of Anne.
01:24:44.120 Welcome to Anne Says Something Controversial.
01:24:48.080 Why is women's bench so bad? I mean, not compared to me. We all know that I'm a training freak,
01:24:56.000 so that doesn't count. And no, we're not talking about Mackenzie Lee. She's got little T-Rex arms and
01:25:01.820 she's like 400 pounds of chest muscle, apparently. I mean, standard bench in powerlifting competition
01:25:10.520 for women. I literally don't understand why it's so bad. My son, he weighs 45 pounds. His max bench is
01:25:19.900 like 33. I'm legit seeing some women in competition who are doing something like 50 pounds. And I just don't
01:25:29.140 understand it.
01:25:31.400 Oh, my God. Just to correct what I said, Christine is not trans. Christine is a biological woman who got beaten
01:25:36.980 by a trans person named Anne, who we just showed. But she can't understand. Anne can't understand why women are so bad.
01:25:42.200 Yeah, that is rubbing it in their face. It's unfortunate, too, because we all understand
01:25:50.140 those restrictions, just like a man understands I can't give birth to a child. Like, you know,
01:25:56.100 you just say, all right, that's what comes with my gender. And it's not to slight women and it's not
01:26:02.320 to slight men. It's just the way it is. You know, two things. Let me start here because the list is
01:26:08.600 forever. But let's start here. Florence Griffith Joyner, Flojo, right? Fastest woman to ever exist,
01:26:18.580 right? 10, 4, 900 meters. Fastest woman ever. There's 8 billion people on the planet right now
01:26:26.020 and more than half are women. Now, let's just go through the math of entire nation, society,
01:26:32.640 history of the world. Billions and billions of people. The fastest woman ever is probably 12th
01:26:43.000 place in the California high school championships right now. There's high schoolers that will beat
01:26:49.020 the fastest woman that ever existed. Now, let's take it to a personal conversation.
01:26:53.620 Do you mean boys?
01:26:54.620 Boys. Your boys. Yes. High school boys. High school boys. 14 year olds will beat the fastest
01:27:00.440 woman that was ever created. Think about that. All right. Let's get it personal. Let's take it home
01:27:06.220 because there's two things from this. One, I had a conversation with a woman who was on the Mount
01:27:12.780 Rushmore of the WNBA, one of the best basketball players ever. Don't want to say her name because
01:27:18.020 this is a controversial conversation. But I said, damn, you so good. Could you play in the NBA?
01:27:25.540 And she looked at me like I was the dumbest person alive. And literally is like, hell no,
01:27:30.540 they're too big, too fast, too strong. Are you kidding me? She's literally top four
01:27:37.440 WNBA player ever and was like, there's not a chance that she could have played in the NBA.
01:27:44.340 Not a chance, she told me privately. Now, why everyone was like, why are you so emotional and
01:27:51.460 adamant about this, Marcellus? And they thought I had no experience with it. They just thought I was
01:27:57.140 just being a talking head. Google 2017, Connecticut, Glastonbury High School. Now, my daughter went to
01:28:06.100 that school and had to be in competition, her classmates and herself, with a transgender who
01:28:14.020 went and set 15 records and won like 50, it was two of them, won 55 championships between the two.
01:28:24.060 Something absurd. This really demolished the record books and took all the medals and scholarship
01:28:30.220 opportunities from naturally born women. I don't know why we want to make this conversation more
01:28:37.400 difficult than it is. It's pretty obvious that a man possesses power and strength that is going to
01:28:43.680 be greater than a woman on average, and certainly on the extremes. We need to respect that like we
01:28:49.380 respect other things and keep the gender roles and lines bold and distinguished.
01:28:55.300 Hmm. I totally agree with you. Thank you for saying it out loud. I know it's always risky when,
01:29:00.660 you know, a well-known person takes those positions you've taken them before, but
01:29:04.040 it's insane and we're going to lose this fight unless more people speak out.
01:29:09.060 So this woman you spoke of cannot make it into the male NBA and Colin Kaepernick cannot make it into
01:29:16.060 the NFL since he was bounced out in 2016. He wouldn't stand for the national anthem, the whole bit.
01:29:22.260 Colin Kaepernick is out now. There's a graphic novel about his life and it dovetails on something
01:29:29.520 he put in. It was, I was at the HBO show. It was like a movie online. We had to watch this whole
01:29:34.200 thing. I watched the whole series about his life and he has used this platform in his book in the
01:29:39.700 same way he used his, uh, his, his special about his life, which is to bash his parents who adopted
01:29:45.880 him. Uh, he's mixed race and his parents are white. His adoptive parents are white. So
01:29:52.260 he decided to use this opportunity to bash his parents as racists because they made a remark about
01:29:58.280 his hair. When he was a kid, here is a sample of what he said in Sot 6.
01:30:03.300 I know my parents love me, but there were still very problematic things that
01:30:09.300 I went through. I think it was important to show that, no, this can happen in your own home and how
01:30:15.820 we move forward collectively while addressing the racism that is being perpetuated. He took cues from
01:30:22.340 his icon, basketball star Allen Iverson, who he said wore his blackness like a suit of armor and
01:30:29.200 teenage Kaepernick wanted cornrows to match. He's getting what roles? His mom asked.
01:30:34.080 Oh, your hair is not professional. Oh, you look like a little thug.
01:30:38.220 Your mom said that to you. Yeah. And those become spaces where it's like, okay,
01:30:44.160 how do I navigate this situation now? But it also is informed why I have my hair long today.
01:30:49.900 Okay. So what do you make of Colin Kaepernick using his fame, his microphone, his pages,
01:30:57.040 his online special to bash the parents?
01:31:00.040 Yeah. Um, I think let's just give it context. Uh, no country, uh, great, like actually integrates
01:31:11.780 race and culture to the extent that America does on this planet. Like we mix race and culture so often
01:31:19.700 that it's easy to conflate things. Um, and in this situation, I think he's conflating racism
01:31:25.740 with actual association with identity. I give it to you like this. I grew up in LA and we know what
01:31:36.500 symbols are supposed to do. Symbols are supposed to tell the masses what you represent. If you look
01:31:43.240 through the history of civilization, especially in yesteryears, they use symbols because they didn't
01:31:49.340 have the information to transmit or the means to transmit it often. And it's clearly as they
01:31:55.900 desired. So they would put symbols up. Right. And that was a broadcast signal to everyone.
01:32:02.760 Well, Colin Kaepernick doesn't understand what I was able to learn really young in this world
01:32:07.260 is that you can symbolize something to show you associate with it. And it's not based on race.
01:32:13.680 So Ice Cube famously said this in the mid and late eighties when the LA Raiders were here. Right.
01:32:20.840 And Ice Cube NWA wanted to be known as a gangster because that was going to help them sell albums
01:32:26.300 and sell their image. Their persona was gangster. Right. So they said, I wear a Raider hat,
01:32:31.980 t-shirt and khakis. And do you know, everybody who wanted to act gangsta in the neighborhood and
01:32:38.780 across this country was starting to wear Raider hats, t-shirts and khakis. Okay. You take it from
01:32:45.100 there. Will Smith and Fresh Prince. Oh, I want to be preppy. I want to be the guy that looks like a
01:32:50.100 dancer. High top fade, a little flower shirt, cross colored pants. Point being, we all know that there
01:32:57.620 are things that you can look like and represent something that is identified as that. My parents
01:33:04.720 knew growing up where I grew up that there was a look to a gangster. They knew Raider hat, t-shirt
01:33:10.580 khakis. They also knew sagging. They also knew some of the hairstyles or some of the clothes we wore
01:33:16.160 pendletons meant you look gangster. My parents are black and my parents reprimanded me many a times
01:33:24.380 for looking like a gangster, just like Colin Kaepernick's parents was trying to say he looked
01:33:30.320 like a thug. What were thugs trying to wear? Their representation. Corn Rolls was one of them.
01:33:36.680 They also had their uniforms as well. Jail suits. I've seen it all. And it doesn't come from the
01:33:43.440 origins of race. It comes from the origins of association. And people wanted you to keep
01:33:50.060 distance from those associations. You want to look like a nerd? That's not racial. Get a pocket
01:33:56.600 protector, right? Pull your pants up. Play the Urkel role. And all of a sudden you're a nerd.
01:34:02.820 If a white person calls you a nerd and a black person calls you a nerd, it's just they're calling
01:34:07.120 you a nerd. It's not racism. So I think he just got caught up in the conflation because he had white
01:34:12.980 parents. That shows the issues he's had with his identity because he doesn't know the source. He
01:34:19.000 doesn't know the origins of their spirit because he always looks at their color. But if he were in my
01:34:25.900 house, in my family, and I walked in with Corn Rolls, my family would have said the exact same
01:34:32.280 thing. What are you doing? You're trying to look like a thug. And it's okay. We can let down some of
01:34:41.280 these borders. We can let down some of these walls that are really trying to exclude us from
01:34:46.800 conversations where we can learn, oh, that was a conflation. But instead, we want to be polarizing
01:34:52.980 and we want to talk at each other instead of with each other.
01:34:57.380 No, it's not dissimilar from my mom stopping me when I was young from going out of the house in a
01:35:02.220 super short skirt saying, you look like a hooker. It's not because she thinks all women are hookers
01:35:06.820 or she's got anything against hookers in particular, but she doesn't want me to look like one. She
01:35:11.940 doesn't want me to be one. And that doesn't make her anti-woman. It just makes her a mother who cares
01:35:18.260 about the associations and the path ahead. It's great to hear a voice of reason, Marcellus. There's
01:35:24.580 so much we didn't get to, but we'll pick it up again. I hope you come back. I'd love to get into
01:35:28.860 your backstory in the next time.
01:35:30.740 Absolutely. I love it and appreciate you. And it's great to be on your podcast and keep killing it,
01:35:36.480 superstar. I appreciate you.
01:35:38.620 Thank you. Right back at you. All the best. Marcellus Wiley. What a pleasure. Thank you.
01:35:42.400 Thanks for listening to The Megyn Kelly Show. No BS, no agenda, and no fear.