Valuetainment - ＂50 Year Mortgage＂ - Trump's RADICAL Housing Move IGNITES National Firestorm

00:00:00.160 Housing director confirms administration working on a 50-year mortgage after Trump, hint.

00:00:07.260 Oh my God.

00:00:08.220 50-year mortgage? Yes. 50-year mortgage. What would it look like? Go ahead, Rob.

00:00:13.960 Trying to find an answer on affordability for housing,

00:00:17.120 which right now we're seeing one of the worst housing markets that we've seen in recent times.

00:00:22.120 And so the 50-year mortgage is a play to lower people's monthly mortgage payments.

00:00:26.920 But the downside is, especially early on, all of that payment will be going to interest.

00:00:32.600 And of course, since you're paying over 50 years and not over 30 years,

00:00:35.940 you're going to be paying off that mortgage for a lot longer.

00:00:38.820 So the details are still to be worked out,

00:00:41.060 but it looks to be like the president's looking for a quick fix to a market that is fundamentally broken right now.

00:00:46.900 Okay, so this guy's a Democrat, right?

00:00:48.340 Because you see in the back, if you zoom in on the books, you'll see the New Deal.

00:00:52.280 Go back a little bit, right?

00:00:53.540 You see it to the left, he's got the New Deal.

00:00:55.020 You can always tell what books they're reading.

00:00:57.100 Okay, do you know, while this guy's saying this, it's so funny,

00:01:01.520 do you know who came up with the 30-year mortgage?

00:01:04.580 Who?

00:01:04.900 Do you know who came up with the 30-year mortgage?

00:01:06.700 I want you to think about, can you, right there, Rob, can you pull that up?

00:01:10.760 Here's who came up with the 30-year mortgage.

00:01:13.220 FTR?

00:01:13.680 Yeah, FDR came up with the 30-year mortgage.

00:01:16.360 So did you say the same thing back in the day, Svelo?

00:01:18.780 I don't know what your name is, but, you know, well-spoken guy a minute ago.

00:01:22.280 Crashed.

00:01:22.560 So he did 30 years.

00:01:24.400 Trump's going to 50 years.

00:01:25.520 By the way, Tom, the question is, if you're a bank, if you're a bank, would you get into

00:01:32.260 the 50-year business game?

00:01:33.980 Would we do that knowing you're collecting the interest up front?

00:01:37.780 Would you entertain the 30 versus 50?

00:01:39.740 Because how do you set it up?

00:01:40.800 You still have to find a way to make it profitable for the banks, right?

00:01:43.560 Right.

00:01:43.820 So the bank has to get their money, or else there's no incentive for them to want to

00:01:47.800 sell this loan, okay?

00:01:49.540 What would be the incentive for banks to sell 50-year loans?

00:01:52.740 Well, as long as they felt that the underlying asset wasn't going to drop.

00:01:56.600 Now, so here's what the bank has to do.

00:01:59.540 Your house is a collateral.

00:02:01.000 You stop paying, Vinny.

00:02:02.140 I'm going to take your house. 0.96

00:02:03.140 I'm going to sell it to the next guy.

00:02:04.600 That's what a bank will do. 0.81

00:02:05.680 We'll auction it.

00:02:06.400 He'll auction it off.

00:02:07.220 Now then, what it means, Pat, is the first 10 years of that 50-year loan, the bank has

00:02:14.460 to underwrite it and be comfortable that that house won't decline in value.

00:02:19.280 You follow that?

00:02:20.140 Because not much will be paid off in 10 years, Pat.

00:02:22.640 Not much at all.

00:02:23.740 So if you and I, Tom and Pat's bank, and we do a 50-year mortgage, our underwriting has

00:02:28.740 to say, are we sure that house is not going to go down in these first 10 years?

00:02:32.680 Yeah.

00:02:32.880 Because if we have to seize the house and auction it, we've got to make sure that house

00:02:38.680 is worth more than the loan's worth.

00:02:40.940 So it makes the front-end underwriting has to be more certain for the banks.

00:02:46.420 But I just did a little analysis.

00:02:48.620 30-year, $400,000, $6.255, $2,462 is the payment.

00:02:55.860 50-year, $6.255, $400,000, $2,179.

00:03:00.740 So about a $300 difference on a $400,000 mortgage.

00:03:05.980 However, next to no principal is paid off in those first 10 years.

00:03:10.300 Very little.

00:03:11.500 And then it accelerates.

00:03:12.960 So for the banks, more people will qualify using standard ratios and measurements.

00:03:20.120 But the bank better be sure that those houses don't drop in those first 10 years.

00:03:24.540 Rob, go back to where you were at right there a minute ago.

00:03:26.640 Watch this.

00:03:26.960 So this is 30-year payment, 30-year loan, 360 payments.

00:03:30.720 Your main payment will be $2,684.

00:03:33.100 Total interest paid for was $466,000.

00:03:35.540 $40,000, $2,400.

00:03:37.620 So you save maybe $150,000, $130,000.

00:03:40.240 No, you save $270,000.

00:03:43.740 And eventually you end up paying $658,000, $200,000 more.

00:03:48.080 $200,000 a scam.

00:03:48.820 And then 50 years is $2272,000, which is $142,000 less of the 40-year.

00:03:56.900 And you end up paying $863,000 long-term.

00:04:00.820 What's the price of the house?

00:04:02.160 Yeah.

00:04:03.140 Is that based on a half a million?

00:04:04.360 What is this?

00:04:05.280 I think that's a half a million dollar loan.

00:04:06.860 It's a half a million dollar loan is what you're looking at.

00:04:08.300 So it's a half a million dollar house.

00:04:10.200 And what's the interest rate that you put on this, Rob?

00:04:11.900 6%?

00:04:13.100 5% fixed.

00:04:14.720 Okay.

00:04:15.000 But it's not even 5% right now.

00:04:17.180 Gotcha.

00:04:17.480 What would it be on 15?

00:04:18.280 What would it be on 15?

00:04:19.420 Okay.

00:04:20.320 PPD.

00:04:20.940 I mean, you already know where I stand on this.

00:04:22.400 I just, you know, what you're doing.

00:04:24.340 I know you're running your numbers.

00:04:25.680 What are you thinking on this right now?

00:04:27.440 Well, here's the thing, Adam.

00:04:29.440 I've never lost money buying a house.

00:04:32.380 Because the math on buying a house is the following.

00:04:35.300 Here's the math on buying a house.

00:04:36.840 Okay?

00:04:37.060 Let's just kind of do, you know, if you just do the flat interest, you're not making a lot of money.

00:04:44.080 If I buy a $600,000 auto house, how much down payment am I putting on a $600,000 auto house, Tom, if I got a 750 credit score?

00:04:52.480 A $600,000 house, you'll have to put down about 120.

00:04:55.040 10%?

00:04:56.120 20%?

00:04:56.640 Okay.

00:04:56.920 20% of the put down?

00:04:58.180 Okay.

00:04:58.620 Let's just say.

00:04:59.600 Let's just type in, Rob, if I have a $600,000 house, a $750 credit score, how much down payment would I need to put down?

00:05:06.600 Can I do 10%?

00:05:08.000 My boy Vinny's going to get a B.

00:05:09.280 Yeah, there are some states who give you a first-time home buyer for 10%.

00:05:12.320 A first time.

00:05:12.880 Let's just say 10%.

00:05:13.800 So if I do first time, I'm putting $60,000 down.

00:05:16.980 And you have to pay P&I.

00:05:18.180 So I'm financing $540,000 is what I'm financing.

00:05:22.020 Okay?

00:05:22.780 So now, what is the rate of return on real estate the last decade?

00:05:29.180 5%.

00:05:29.620 Okay.

00:05:30.320 If that.

00:05:30.840 But what I'm saying is fine.

00:05:32.300 Sure.

00:05:32.620 Go 5%.

00:05:33.500 If we do 5% on that $600,000, 5% on $600,000 over 10 years, 6% to 7% average.

00:05:42.160 Let's take 6%.

00:05:43.160 Okay?

00:05:44.160 So what is the price of this $600,000 house come 10 years from now?

00:05:48.300 What's the price of this $600,000 house come 10 years from now?

00:05:52.980 At 6%.

00:05:53.820 So say if I bought a $600,000 house and it grows at 6% every year, what is the property value 10 years from now?

00:06:03.360 7% will be $1.2 million.

00:06:06.420 So I'm probably going to say 6% is going to be $980.

00:06:09.640 Let's just say $980 is what it should be.

00:06:13.500 $1,074,000.

00:06:14.980 Okay.

00:06:15.640 So $1,074,000, you just made $574,000 on that money.

00:06:23.360 Okay?

00:06:23.860 $574,000 on the $600,000.

00:06:26.780 You put $60,000 down.

00:06:28.560 What's your monthly payment on that, Rob?

00:06:30.020 Now, just say what is your payment on a $540,000 loan at 6%, 30-year fixed.

00:06:38.760 Let's just not even say 30-year fixed.

00:06:40.440 Tom, let's say we do a 10-year adjustable.

00:06:41.840 Yep, I'm doing it.

00:06:42.680 Do a 10-year arm.

00:06:44.200 Okay?

00:06:45.080 10-year arm.

00:06:47.380 So 540, 6%.

00:06:48.840 Vinny, an arm is an adjustable rate mortgage.

00:06:50.800 It's not working at Bicep.

00:06:52.220 Gotcha.

00:06:52.520 So what is the payment on that?

00:06:54.560 Everything, 32, 30.

00:06:56.460 So let's actually do the math right now.

00:06:58.740 So I'm – and then, Rob, can you do me a favor?

00:07:02.360 I just did it.

00:07:02.940 Ask, what is the rent?

00:07:05.320 What is the average rent nationwide?

00:07:08.360 Okay.

00:07:08.900 What does a $600,000 house average get in the country today?

00:07:13.560 We're going to actually do the math very deep right now.

00:07:15.660 I love it.

00:07:16.560 So go, what does a $600,000 budget get you?

00:07:22.140 How big of a house does a $600,000 budget get you in America on average?

00:07:27.280 We're not saying Toledo.

00:07:28.340 We're not saying Beverly Hills.

00:07:29.740 I'm saying Toledo.

00:07:30.660 How big of a house?

00:07:32.020 Yeah, like I'm getting married.

00:07:33.820 I've got a wife and kids.

00:07:34.820 I want to have a family.

00:07:35.960 How many bedrooms is that?

00:07:37.220 $25,76.

00:07:38.680 Okay.

00:07:39.440 $25,76.

00:07:40.880 Three bedrooms.

00:07:42.160 I think that's four-three.

00:07:43.520 I think that's four-three.

00:07:44.860 Okay, Rob, can you then ask the following question?

00:07:48.240 What is the average rent for a 2,576-square-foot home in America?

00:07:55.480 We're getting very deep if you notice what I'm doing right now.

00:07:58.040 Yeah, exactly.

00:07:58.740 Okay, because I know where you're going,

00:08:00.340 and I'm going to do the math as deep as you want to go with this here right now.

00:08:04.380 So the average rent is what?

00:08:05.740 $1,754.

00:08:07.600 Okay, so now notice.

00:08:09.460 $1,754.

00:08:11.000 Oh, $9,08.

00:08:12.320 So what is the average rent for?

00:08:14.720 What does that say?

00:08:15.400 $5,900.

00:08:16.140 What is that?

00:08:17.120 $5,900 rent. 0.99

00:08:18.380 Holy shit, that's a lot. 0.98

00:08:19.960 Extrapolate. 0.99

00:08:20.520 $2,500-square-foot home, though.

00:08:22.660 Okay.

00:08:23.580 That's a lot of rent, Rob.

00:08:25.160 Holy moly.

00:08:25.860 So why don't we... 0.99

00:08:27.500 Damn. 0.98

00:08:28.660 So I don't think it's going to be $5,900. 0.99

00:08:30.420 Or mortgage.

00:08:31.700 No, I want to do rent.

00:08:33.320 Okay.

00:08:33.520 What is the average rent for a 2,570-square-foot home in America?

00:08:44.120 Give me average.

00:08:45.840 Not high or low, but average.

00:08:50.320 Okay?

00:08:51.560 I don't know if you're getting this number or not.

00:08:52.940 We're getting to the bottom of this number.

00:08:54.880 That number should be...

00:08:56.480 I'm trying to go to $2,100.

00:08:58.000 Still saying the same number, right?

00:08:59.240 It's telling me the same number as well.

00:09:00.900 What number do you guys want to pick?

00:09:02.180 Let's pick a rent.

00:09:03.620 I wrote $1,900 before it came out because that's the stuff I've been reading.

00:09:06.640 Okay.

00:09:07.260 Can we just say it's $2,000 a month?

00:09:09.340 Let's just say the average rent right there is $2,100 a month.

00:09:12.160 Let's go with $2,100 a month.

00:09:13.920 Okay?

00:09:14.480 So what's $2,100?

00:09:15.960 What's $3,238 minus $2,100?

00:09:19.620 $3,238 minus $2,100 is $1,138.

00:09:24.540 Now take $1,138 times $120 because you know what I'm doing.

00:09:29.140 Adam, are you tracking or no?

00:09:30.400 I'm doing some numbers here.

00:09:31.300 $1,138 times $120, Vinny is...

00:09:34.800 Vinny's face.

00:09:36.140 By the way...

00:09:37.220 Matt, you guys...

00:09:38.040 Just stop.

00:09:39.280 Just stop.

00:09:40.360 Are you guys still...

00:09:41.480 I'm going to come back down.

00:09:41.880 No, no.

00:09:42.120 But do you know what we're doing, Vinny?

00:09:43.320 This is very important.

00:09:44.300 Vinny's face was like this.

00:09:45.620 So watch this. 0.84

00:09:46.260 No, but I'm tracking because I'm paying big ass rent.

00:09:47.820 So here's where I'm at now.

00:09:49.140 Here's where I'm at now.

00:09:49.740 Yeah, yeah, yeah.

00:09:50.180 I'm at $100...

00:09:51.040 I'm just showing you this.

00:09:52.620 We're at $136,560.

00:09:55.020 Okay?

00:09:55.280 So if we take that 6% concept, if we take that 6% concept, that the value of real estate

00:10:05.060 makes an average return of 6% every year, over 10 years, your $600,000 house you bought

00:10:11.340 will be $1,074,000, $1,074,000 minus, okay, minus, I can't believe we're getting this

00:10:21.920 deep in the loan, but let's do it anyways, minus $600,000.

00:10:25.520 You've made $474,000 in return.

00:10:29.300 If I take $474,000 minus, Vinny, $136,540 that you would have paid at a $2,100 rent.

00:10:40.120 Rent, 10 years later, owning a home would have gotten you $337,000, let's add the $60,000

00:10:49.240 down payment to it as well.

00:10:52.440 I mean, you're making $397,460 buying a house versus renting a house over 10 years.

00:11:00.860 But let's go deeper.

00:11:02.820 Go.

00:11:03.580 Extrapolate it, Adam.

00:11:04.380 Go ahead.

00:11:04.740 Your argument, or not your argument, the argument is you're not going to lose money by buying

00:11:11.300 a real estate.

00:11:13.060 It's almost like buying a bond.

00:11:14.400 There's a lot of caveats, buddy.

00:11:15.940 So, but I want to hear you.

00:11:17.400 Go ahead.

00:11:17.760 Make your argument.

00:11:18.620 So, what's a better rate?

00:11:22.840 That's another three second pause.

00:11:23.500 What's a better?

00:11:24.160 You're on my couch.

00:11:24.900 You're going Bidenville, bro. 0.98

00:11:25.940 Get this guy some brain.

00:11:27.320 To be honest with you, I haven't had my coffee this morning.

00:11:28.060 You're going to start shaking hands with the camera.

00:11:29.860 It was Rory's 13th birthday.

00:11:31.200 I went all hell yesterday.

00:11:32.260 Go ahead.

00:11:32.640 Tell us.

00:11:32.980 I'm shopping right now.

00:11:33.380 You know that.

00:11:35.180 The argument is not, is buying a house a good investment?

00:11:38.200 It is a okay investment.

00:11:40.940 I'm not shitting on the investment.

00:11:42.460 I don't think it's a bad investment.

00:11:43.940 I'm not recommending that you don't do the investment.

00:11:46.600 I'm saying if you're solving for a rate of return.

00:11:48.840 Stop, stop, stop, stop, stop, stop, stop, stop, stop.

00:11:52.340 Based on this argument, we did it as technical as possible.

00:11:59.760 I'm willing to bet we lost viewership right now.

00:12:02.040 Let me just see where people, people are probably like, stop talking about this.

00:12:05.540 I don't want to talk about this.

00:12:06.660 I'm telling you right now, Adam, okay, this is my advice to people.

00:12:11.980 So if you're in the area where you're working for a company advance, like if I'm working

00:12:17.280 for Marriott, say I'm working for Marriott and my goal is to be a general manager running

00:12:22.280 a hotel one day, guess what I'm not doing for 10 years?

00:12:25.760 I'm not buying a house.

00:12:26.740 Correct.

00:12:27.120 Because you could be moving around.

00:12:27.820 I'm going to be moving.

00:12:28.880 We're opening up a new Marriott in London.

00:12:31.500 Do you want to go?

00:12:32.260 No.

00:12:32.760 I'm not going to get a stat, but I'll go to Dubai, right?

00:12:35.200 Do you want to go to a new Marriott that's coming?

00:12:36.920 Yes.

00:12:37.440 If your job requires potential promotions to move.

00:12:40.160 So for me, when I was PHP, I know I'm moving.

00:12:42.860 As crazy as it is, I bought a house eventually in that community that we lived in, Tramble

00:12:47.060 Estate.

00:12:47.320 You've never been to it.

00:12:48.300 Tom has been to it.

00:12:49.000 I bought the cul-de-sac and I bought it right next to the Barry Bonds agent.

00:12:53.340 So we love this community.

00:12:54.280 There's 21 homes.

00:12:55.400 I rented a house in the community.

00:12:56.780 I bought the house in the corner.

00:12:58.400 Two years later, I'm leaving.

00:13:00.900 Do you remember that, Tom? 0.98

00:13:01.760 Two years later, I'm like, shit, I'm going to Texas. 0.95

00:13:03.500 I still made $200,000. 0.99

00:13:04.840 I still made $200,000 when I bought this because it was prime property cul-de-sac in

00:13:11.440 a gated community with only 21 homes.

00:13:14.240 Then we go to the house in Dallas.

00:13:15.800 You've been to our house in Dallas.

00:13:16.880 Did you go to both of them or just one of them?

00:13:18.760 Did you go to the other house?

00:13:20.040 The four-story, 15,000 square foot home?

00:13:21.680 You didn't go to that one.

00:13:22.600 I didn't go to that one.

00:13:23.120 Okay.

00:13:23.780 So the one, but the other one you went to, right?

00:13:27.180 With the pool table.

00:13:27.940 Yes, yes.

00:13:28.420 The other one you went to.

00:13:29.500 We made money on that one.

00:13:31.080 The house we bought here, we made money on this one.

00:13:32.720 If a person's buying long-term, this is what I did for a living financially, but you're

00:13:39.280 sitting on doing the math with them.

00:13:40.660 When you get to the bottom of it, the question is simple.

00:13:43.920 Are you planning on living in this place for 10 years?

00:13:46.960 Yes.

00:13:48.020 Then I would lean more towards buying than renting.

00:13:51.880 If you tell me no, then I would say pump the brakes.

00:13:55.920 That's really how simple it is.

00:13:56.940 We are fully on the same page.

00:13:59.080 Fully on the, I'm not, I have zero disagreements.

00:14:01.180 So my contention is never don't buy real estate.

00:14:05.820 I've never said that.

00:14:06.440 This is as thorough as a breakdown we could have done for the people that are watching.

00:14:10.420 Can I ask you a very specific question?

00:14:11.220 Yeah, of course.

00:14:11.700 Of course.

00:14:12.020 If you could put these three, PBD's money.

00:14:14.640 Well, you know 150 million ain't what it used to be.

00:14:16.300 It ain't what it used to be.

00:14:17.780 PBD's money.

00:14:18.440 If you could put the following three things where you've made the most money.

00:14:22.800 No, it's not close.

00:14:23.600 Working on a business, your stock portfolio.

00:14:26.680 That's a different conversation.

00:14:27.740 Or your housing portfolio.

00:14:30.180 What rank those three?

00:14:31.480 For you.

00:14:32.020 I'm not everybody, though.

00:14:32.920 I'm saying for you.

00:14:33.540 I want to know you.

00:14:34.020 I know.

00:14:34.560 A guy asked me, if you could define yourself with one word, what would it be?

00:14:40.520 And it can't be politics or family.

00:14:43.580 Non-family.

00:14:45.240 I said operator.

00:14:46.500 I love the day-to-day grind.

00:14:48.840 I agree with you.

00:14:49.240 You know since what time I've been at the office today?

00:14:51.860 You don't even know what time I've been at the office today.

00:14:54.040 Yesterday I was at Naples.

00:14:55.380 Dylan had a game.

00:14:55.980 I went to the championship, coming back, and I've been dealing with a bunch of chaos this weekend.

00:14:59.640 PHP was here the day before Saturday.

00:15:01.780 7.45, I'm at the office.

00:15:03.140 You know what time my Saturday ended?

00:15:05.500 You know what time my Saturday ended?

00:15:06.920 2 o'clock in the morning.

00:15:08.880 My day started Saturday, 7.45 in the morning.

00:15:11.380 It ended Sunday, 2 o'clock in the morning.

00:15:13.060 I come home Sunday, 2 o'clock in the morning.

00:15:15.020 Then I got to get doing stuff with the kids to go to the...

00:15:18.620 So I'm back and forth.

00:15:19.940 But I freaking love being an operator, right?

00:15:22.820 But that's not everybody.

00:15:24.000 If somebody's watching this right now who has a job making $82,000, your wife makes $59,000, 0.86

00:15:29.100 they're trying to make a decision, do we listen to the people that are saying we're not?

00:15:33.220 And you know there's not going to be a massive amount of changes in your life the next 10 years.

00:15:38.640 Massive.

00:15:39.700 If there is, then you have to adjust accordingly.

00:15:43.740 But if you know it's going to be, I'm going to be with this company long term, I love it here.

00:15:47.700 This is what I'm going to be doing.

00:15:49.040 This is the industry I'm going to be on.

00:15:50.620 This is the city I'm going to live in.

00:15:51.920 Probably within a 5, 10 mile radius.

00:15:53.820 Then guess what?

00:15:54.660 Lock it up and get something.

00:15:56.160 If you can afford it.

00:15:57.640 Because it's...

00:15:59.300 And then by the way, guess what else you have to be thinking about?

00:16:03.080 Never has there been more important time, Tom, to buy a house in a community, in an area based on politics than today.

00:16:10.040 Do you know what just happened right now with California and Texas?

00:16:12.780 Folks, let me tell you what happened with California and Texas.

00:16:15.020 This whole thing with the elections and all this stuff that they're saying going into midterms.

00:16:19.320 Do you know what California and Texas just did with redistricting?

00:16:23.040 You know Prop 50 and what Texas did?

00:16:25.080 Do you know what they did?

00:16:26.000 Guess what's going to happen?

00:16:27.460 Texas protected themselves.

00:16:29.000 We're going to stay Republican for many, many decades.

00:16:31.780 Come do something about it.

00:16:33.020 You know what California did?

00:16:34.300 We're going to stay Democrat for many, many decades.

00:16:37.000 Come do something about it.

00:16:38.320 A-Rod's being interviewed.

00:16:39.320 And he's being asked, what areas do you buy properties in?

00:16:43.540 And he says, red states.

00:16:45.920 Why red states?

00:16:46.920 Because people are moving to red states.

00:16:49.320 What are red states?

00:16:50.340 Pick them.

00:16:51.580 Pick them.

00:16:52.720 Tennessee.

00:16:53.840 Florida used to be purple.

00:16:54.740 Now it's red.

00:16:55.900 Texas.

00:16:56.500 What are you investing in?

00:16:57.840 So, you know, these are the types of decisions you've got to make with your family and say, where are we going to go buy a home long term?

00:17:03.700 But if it's 10 years, I'm banking on buying a home instead of renting a home.

00:17:08.100 Because 10 years later, that family is going to have an additional $400,000 of net worth added to their name that they wouldn't have had.

00:17:15.000 Tomorrow's Veterans Day.

00:17:16.840 And what we want to do for the veterans who are watching this, we have a whole new series of merch for veterans.

00:17:22.720 Rob, if you can zoom in into some of these guys here, whether you're Army, we've got an Army Future Looks Bright.

00:17:28.920 We've got, go a little bit low, Rob, if you could.

00:17:31.420 We've got those hats with the Velcro.

00:17:33.340 That right there, the Army Future Looks Bright patch is insane.

00:17:36.660 Go low, Rob.

00:17:38.100 You know, Air Force, Navy, keep going, keep going, keep going.

00:17:42.060 We've got those green hats.

00:17:42.900 Those green hats, they won't last long.

00:17:44.920 Every time we have those, they disappear.

00:17:47.240 The one on the right, it's absolutely sick.

00:17:49.360 On the front of it, it says Future Looks Bright.

00:17:50.900 U.S. Armed Forces, Marines, keep going.

00:17:54.600 And then you have the USA hat.

00:17:56.040 That's another one.

00:17:56.820 It's one of our most, I think it's the top five most reviewed hats of all time that you have right there.

00:18:03.220 The USA with the, what do you call it?

00:18:06.280 The camouflage on there.

00:18:07.580 Armed Forces in the middle with the dog tag.

00:18:09.280 Six shirt, keep going low, Rob, keep going low.

00:18:11.680 And you've got the Army greens, the hats in the middle, and then go to the next one.

00:18:15.700 That Angry Patriot shirt to the right.

00:18:17.860 You've got a bunch of stuff here.

00:18:19.160 And here's what it is.

00:18:20.260 Go to vtmerch.com, place your order, use the code VETERAN for a discount, VETERAN for a discount.

00:18:29.180 And 10% of every purchase made will go to charities that are related to folks who are serving.

00:18:38.100 And we have a handful of them that we're working with.

00:18:39.900 Trust me, we're very selective on which one we go through.

00:18:42.740 10% of whatever purchase is made will go to different charities out there.

00:18:47.520 And if you use the code VETERAN, you'll get a 10% discount as well.

00:18:51.360 Some of those items are, you know, limited supply that we ordered.

00:18:55.620 So be sure to go out there and place the order for yourself.

00:18:58.240 And if it's not you, you have a friend that went to the Air Force, the Army, the Marines, the Navy.

00:19:03.300 You know, gift them something from this that watches the podcast.

00:19:06.040 Again, go to vtmerch.com, place your order using the discount VETERAN.

00:19:10.940 If you enjoyed this video, you want to watch more videos like this, click here.

00:19:14.080 And if you want to watch the entire podcast, click here.

Valuetainment - November 11, 2025

＂50 Year Mortgage＂ - Trump's RADICAL Housing Move IGNITES National Firestorm

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