Valuetainment - August 13, 2025


＂$65 Million Transgender Shelters＂ - NYC's SHOCKING Waste Of Taxpayer Money UNCOVERED


Episode Stats

Length

12 minutes

Words per Minute

196.33249

Word Count

2,384

Sentence Count

215

Misogynist Sentences

1

Hate Speech Sentences

4


Summary

Sen. Rob Portman (D-NJ) joins CNN's Dana Bash (R) to discuss the need for a homeless shelter for transgender people in New York City, and Elizabeth Warren's call for billionaires to pay their fair share in taxes.


Transcript

00:00:00.000 Folks, pay attention to this.
00:00:01.360 Only in New York City and California
00:00:03.240 will come up with ideas like this.
00:00:04.680 New York City wants to spend $65 million
00:00:06.180 on homeless shelter for transgender people.
00:00:08.760 Do you hear what I just said?
00:00:10.060 $65 million just for transgender people,
00:00:12.040 as if there's like so many of them.
00:00:14.440 Overnight, apparently, there's like a massive increase
00:00:16.560 of people that are transgender.
00:00:18.900 So New York City opens ACEs Place Homeless Shelter
00:00:22.440 in Long Island City,
00:00:24.160 the nation's first city-funded shelter
00:00:26.000 exclusively for transgender-identifying individuals
00:00:29.980 costing taxpayers $65 million over five years
00:00:32.080 to provide 150 beds.
00:00:34.280 That's it.
00:00:35.100 You ready for this?
00:00:36.320 Equating to $87,000 per bed annually through 2030,
00:00:44.460 Sean Ebony Coleman, CEO of Destination Tomorrow,
00:00:47.140 Bronx-based LGBTQ Center running the facility,
00:00:49.880 said the shelter is named after his mother,
00:00:51.740 whose nickname was ACE.
00:00:53.640 Department of Social Services Commissioner Mali Wasov said,
00:00:57.920 that ACEs Place will offer transgender New Yorkers
00:01:00.360 a safe place to heal and stabilize
00:01:01.960 in trauma-informed settings with the support of staff
00:01:04.900 who are deeply invested in their growth and well-being.
00:01:08.220 Park told everybody else.
00:01:10.040 And then the shelter operation destination tomorrow
00:01:11.960 includes a full-time psychiatric nurse,
00:01:14.780 social workers, and holistic mental wellness.
00:01:17.300 Programs like yoga, meditation,
00:01:18.940 plans for culinary programs,
00:01:20.460 offering hands-on kitchen experiences.
00:01:22.420 I would not be eating that food.
00:01:23.280 But when you read a story like this, okay,
00:01:27.400 with what's going on in New York City,
00:01:29.300 and you wonder why people are leaving New York City
00:01:32.340 because they're sitting there saying,
00:01:33.660 my taxpayer money is going to this, yes.
00:01:37.080 So all this tax I pay in New York,
00:01:38.620 you're spending it for this, yes.
00:01:40.380 Now imagine if Mamdani wins, New York.
00:01:43.100 If Mamdani wins,
00:01:45.260 and the 123 billionaires,
00:01:47.680 say half of them leave,
00:01:49.420 say 60 of the 123 billionaires leave,
00:01:51.900 and they go to where?
00:01:53.060 Palm Beach, Miami, Manalapan, Lantana,
00:01:57.180 someplace Brentwood, Tennessee.
00:01:58.740 They pick a place to go anywhere but New York.
00:02:01.600 They go.
00:02:02.320 This is the most important question
00:02:03.680 you've got to ask yourself.
00:02:04.680 You ready?
00:02:05.440 This is by far the most important question
00:02:07.240 you've got to ask yourself.
00:02:08.480 Rob, can you play the clip of Elizabeth Warren?
00:02:10.600 This is by far the most important question
00:02:12.980 New Yorkers got to ask themselves.
00:02:14.960 Just go to my X account,
00:02:16.900 and you'll see it, Rob.
00:02:17.880 All the way, it's like five clips down.
00:02:19.620 There's a clip of Elizabeth Warren
00:02:23.160 with CNBC.
00:02:26.440 They're having a conversation,
00:02:27.900 and she gets challenged on the billionaire stuff,
00:02:30.540 and watch what she says about billionaires.
00:02:33.320 And Rob, you can probably fast forward
00:02:35.100 the stuff that he's saying at the beginning.
00:02:37.140 Go until she comes up.
00:02:38.260 Okay, right there.
00:02:38.820 Start it from the moment she starts talking.
00:02:40.280 Go back a little bit,
00:02:41.620 and start it from right there.
00:02:42.560 Go ahead.
00:02:42.800 And doing that by raising the most revenue as possible
00:02:45.340 without chasing businesses
00:02:47.760 and the high-income taxpayers out of the city,
00:02:52.300 because they can go to Austin.
00:02:53.540 They can go to Dallas.
00:02:54.660 They can go to Atlanta.
00:02:55.660 They can go to Nashville.
00:02:56.900 This is your issue.
00:02:57.880 It's a national issue, not a local issue.
00:02:59.780 The issue is affordability.
00:03:02.140 Watch this.
00:03:02.300 Do you know how many working families
00:03:03.680 are chased out of New York City every day?
00:03:04.800 This is the most important thing.
00:03:06.320 Listen.
00:03:06.680 Because they can't afford housing.
00:03:07.860 They can't afford groceries.
00:03:09.340 They can't afford child care.
00:03:10.680 And it's the billionaire's fault.
00:03:11.660 What Zoran is saying is,
00:03:13.220 I want people to be able to afford to live in New York City.
00:03:16.440 That's what keeps it a vibrant city.
00:03:18.780 That's what makes people want to live here.
00:03:21.020 Nobody disagrees with that, Senator,
00:03:22.520 but raising taxes in order to do it?
00:03:24.720 Why is that the answer?
00:03:26.180 Oh, dear.
00:03:26.900 Are you worried that billionaires are going to go hungry?
00:03:29.680 No, I'm worried that they're going to leave
00:03:31.240 and spend their money elsewhere.
00:03:32.440 You know, they've threatened to do that over and over and over.
00:03:34.720 And they have done that.
00:03:35.520 They've left.
00:03:36.300 But here's the thing.
00:03:37.140 And Goldman Sachs, when they create new jobs,
00:03:39.220 they do it in Dallas.
00:03:39.840 And Blackstone won't build a new headquarters.
00:03:41.660 You want to have a workable city?
00:03:44.440 You want to have a city that's vibrant?
00:03:46.180 You want to have a city where the streets are full,
00:03:48.740 where there are things for sale 24 hours a day?
00:03:51.360 Then you need people who can live here and work harder.
00:03:53.320 Well, we've got that right now, by the way.
00:03:55.020 I would point out New York is thriving.
00:03:58.280 So right now it's doing pretty well, actually.
00:04:00.320 I'm glad you think they're doing well,
00:04:01.620 because a lot of people are struggling to pay for housing.
00:04:03.960 You can pause that right there, Rob.
00:04:05.240 A lot of people are struggling to pay for the grocery.
00:04:05.680 So check this out, folks.
00:04:07.140 Here's the question you've got to ask yourself.
00:04:08.780 Vinny, I'm going to ask you this as well.
00:04:10.260 I know you're a math guy, so I'm going to come to you probably for this.
00:04:12.060 Let me get my pen ready.
00:04:12.860 So check this out.
00:04:13.700 Check this out.
00:04:14.900 Do you think if the 60 billionaires leave,
00:04:19.460 Rob, can you put a number and ask Grok or ChadGBT,
00:04:23.080 if half of the 123 billionaires of New York City leave and move to Florida,
00:04:31.980 how much tax revenue will New York City lose?
00:04:35.320 Good question.
00:04:36.160 Okay?
00:04:36.960 How much tax revenue will New York City lose?
00:04:39.560 And I don't even know if that's the number,
00:04:41.420 because if the 123 billionaires leave,
00:04:44.360 imagine how many people worth 100 million will leave,
00:04:46.440 and imagine how many decamillionaires will leave.
00:04:48.920 Look at that.
00:04:49.400 The 123 billionaires in New York are estimated net worth
00:04:52.240 $759 billion.
00:04:54.420 The top 1% of New York City pays 48% of cities' taxes.
00:04:59.380 Wow.
00:05:00.260 Up from 40%.
00:05:01.420 Used to be 40 in 2019.
00:05:03.200 It's not 48%.
00:05:04.640 That's a 20% increase in two years.
00:05:07.820 Okay?
00:05:08.480 If they leave from 2017 to 2022,
00:05:12.040 they lost $13.8 billion in adjusted gross income
00:05:14.820 due to residents moving to Florida.
00:05:16.920 From 2021, state lost $6 billion in AGI,
00:05:20.840 over 60,000 residents moving,
00:05:23.400 Goldman Sachs estimated that similar out-immigration
00:05:26.080 has led to a 3% drop in tax revenue in the city,
00:05:29.960 but we're not even talking about that time.
00:05:32.320 We're talking about now.
00:05:34.000 Given New York City's extensive budget,
00:05:35.900 even a 1% to 2% drop-off could equal $700 over even a few billion dollars.
00:05:40.360 Here's a question I got to everybody in New York City
00:05:42.900 that's excited about Momdani.
00:05:44.020 All the socialists, all the Democrats, all the liberals.
00:05:47.880 You ready?
00:05:48.740 Say the billionaires leave.
00:05:50.940 Say they leave.
00:05:52.220 Say you lose billions of dollars of tax revenue.
00:05:56.120 Do you think the government's going to adjust
00:05:58.680 the expenditure they have in the city
00:06:02.280 because they lost all that tax revenue?
00:06:05.060 Hell no.
00:06:06.560 They're not lowering any of the expenditure.
00:06:08.360 Guess what they're doing with all that spending?
00:06:09.940 They're still spending, but guess who's paying for it?
00:06:12.480 You, low-middle-income families.
00:06:16.420 You know why?
00:06:17.480 Because now jobs are not there.
00:06:19.460 And now your city's spending $65 million of your money
00:06:22.200 on 150 transgenders.
00:06:24.740 Let me say this one more time.
00:06:26.640 The city's spending $65 million of taxpayers' money
00:06:30.080 in New York City on only 150 transgenders.
00:06:34.760 That's the amount of bets that they're creating.
00:06:36.500 $87,000 per bet is what they're spending.
00:06:39.700 So the reality of it is, you guys can get excited about this.
00:06:43.940 You guys can get excited about all this stuff.
00:06:46.020 These people, when they leave, which they will,
00:06:48.280 many of them did, it cost $14 billion of adjusted gross income.
00:06:52.640 Meanwhile, taxes went up on the top 1%,
00:06:55.120 20% from 40% to 48%.
00:06:57.980 You don't think there's other places that are,
00:07:00.300 you don't think Florida's going to be knocking on the door
00:07:02.120 saying, hey guys, we'd be more than happy
00:07:03.920 to have you in Palm Beach.
00:07:05.400 You don't think they're talking to Ken Griffin?
00:07:07.480 You don't think they're talking to all the other people?
00:07:08.980 How do you like Florida?
00:07:09.660 How do you like Florida?
00:07:10.280 How do you like Florida?
00:07:10.900 How do you like Florida?
00:07:11.980 They're saying, I freaking love Florida.
00:07:13.520 Really?
00:07:14.320 Yeah, what do you love about, I love Florida.
00:07:15.960 I love Florida.
00:07:16.700 I love Florida.
00:07:17.540 I love Tennessee.
00:07:18.480 I love Texas.
00:07:19.580 You're losing them.
00:07:20.860 And the Goldman Sachs headquarters that they're building
00:07:22.980 in Dallas is going to be a monstrosity.
00:07:25.740 And they're slowly moving everybody out of here.
00:07:27.840 Huge.
00:07:28.460 Slowly.
00:07:28.920 Adam, thoughts?
00:07:29.440 Well, people think that whatever has worked in the past,
00:07:33.600 as far as what has made America great, New York City, L.A.,
00:07:36.420 as examples, are always going to be the greatest cities in America.
00:07:39.920 What we've seen since COVID and what we'll continue to see
00:07:42.240 as socialism and wokeism take place in certain cities
00:07:46.140 is they won't be great forever.
00:07:48.380 You know, Trump says, make America great again.
00:07:51.820 Those cities are going to basically use those catchphrases
00:07:54.100 in the next 5, 10, 20 years because those cities are crumbling.
00:07:57.120 Everyone I talk to in L.A., it's like, L.A. just ain't it anymore.
00:08:00.740 Dude, I'm moving out of New York City.
00:08:02.000 How much tax revenue left during COVID?
00:08:04.280 I think $20 billion.
00:08:05.460 That will continue to happen.
00:08:07.340 Here's what I've learned.
00:08:08.220 I don't know how much we're able to talk about it,
00:08:10.100 but when you were debating those socialists and communists
00:08:14.140 in L.A. over the weekend.
00:08:17.220 A lot of them were openly saying I'm a communist.
00:08:19.520 Openly.
00:08:20.060 Here's what I've learned.
00:08:21.020 They're not idiots.
00:08:22.700 They're not stupid.
00:08:23.600 They're actually very smart,
00:08:24.560 but their energy is funneled into the wrong ideas.
00:08:29.000 And when you have very smart people
00:08:30.440 focused on very dumb things,
00:08:33.140 very bad things will happen.
00:08:34.980 Here's what I realized.
00:08:36.240 This socialism stuff, the free stuff, the free stuff,
00:08:38.360 the free stuff, it's just basically a sugar high.
00:08:40.880 It's having dessert for dinner.
00:08:42.360 It's great.
00:08:42.900 I want to eat.
00:08:43.500 But what's going to happen is your stomach's going to feel bad.
00:08:45.940 Your teeth are going to decay.
00:08:47.100 And basically, you're going to have to live in a dentist's office.
00:08:49.660 Capitalism is the exact opposite.
00:08:51.340 It's eating healthy.
00:08:52.480 It's being disciplined.
00:08:53.480 It's eating your vegetables.
00:08:54.760 It sucks now.
00:08:56.020 But damn, a couple months, year down the road,
00:08:58.520 you're going to be looking great.
00:08:59.420 You have a six pack.
00:09:00.560 The reality is the sugar high people are working,
00:09:03.120 are winning,
00:09:03.920 and the capitalists are basically going to move out of town.
00:09:07.300 In New York City,
00:09:09.120 the trans people are the good guys,
00:09:11.340 and the billionaires are the bad guys.
00:09:13.480 Grapple with that.
00:09:14.120 And question, has it ever worked?
00:09:17.120 In the history of communism?
00:09:18.340 No, they just haven't done it right, Vinny.
00:09:19.860 Oh, that's what it is.
00:09:20.780 They just haven't killed enough people that get it done.
00:09:22.840 And just really quick,
00:09:23.920 be honest,
00:09:25.280 what did California look like when we were there?
00:09:27.680 Just the area where we shot.
00:09:29.620 Be honest.
00:09:30.580 What did California...
00:09:31.140 By the way,
00:09:31.820 that was not a safe place where we shot the whole thing.
00:09:34.600 Not at all.
00:09:35.380 Downtown LA,
00:09:36.240 because we were on the bus,
00:09:37.180 Rob,
00:09:37.340 you saw the...
00:09:39.060 What's that?
00:09:39.920 The shade opened.
00:09:41.280 I looked outside,
00:09:42.100 and I was like,
00:09:42.520 there's no...
00:09:43.240 Homeless people,
00:09:44.000 crackhead,
00:09:44.500 homeless tents.
00:09:45.060 Somebody was somebody,
00:09:46.540 there was a Mexican family selling like,
00:09:48.240 you know,
00:09:48.480 they had a food stand.
00:09:49.400 There's just a homeless guy laying there in his underwear,
00:09:52.660 and they're acting as if he's not even there,
00:09:54.760 like it's normal.
00:09:56.300 I'm telling you,
00:09:57.680 New York,
00:09:58.200 as bad as it is now,
00:10:00.320 wait.
00:10:00.960 Yeah.
00:10:01.220 Just wait,
00:10:01.780 and it's going to be all your fault,
00:10:03.180 because you're like a guy that smiles,
00:10:04.620 and wants to give you free shit.
00:10:05.240 Vinny,
00:10:05.440 you're missing one major component.
00:10:07.120 What?
00:10:07.720 The weather, bro.
00:10:08.680 Oh, yeah, yeah,
00:10:09.120 you're right.
00:10:09.540 I'm sorry.
00:10:09.800 You got it.
00:10:10.120 I mean,
00:10:10.300 come on.
00:10:10.520 Let me get to this next story.
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00:10:18.200 this is 100% silk,
00:10:19.880 with the Valuetainment logo,
00:10:21.720 is on it,
00:10:22.480 with the pocket square tie.
00:10:24.380 We have them in black and blue,
00:10:26.760 absolutely sharp,
00:10:28.420 you know,
00:10:28.740 incredible quality.
00:10:30.500 It's not the thin,
00:10:31.780 you know,
00:10:32.200 shiny quality.
00:10:33.020 It's great quality,
00:10:34.360 the ties that are here.
00:10:35.420 And the other one is,
00:10:36.540 this is limited edition,
00:10:37.640 100% leather,
00:10:39.180 Valuetainment bag,
00:10:41.200 that's out here,
00:10:42.120 leather shoulder tote bag,
00:10:44.400 that's here,
00:10:44.860 feel the quality on how the leather feels,
00:10:47.180 by the way.
00:10:47.520 I feel like Vanna White right here.
00:10:48.760 Yeah.
00:10:48.960 This feels great.
00:10:49.560 And by the way,
00:10:50.120 the VT logo is there.
00:10:52.020 Adam knows about leather.
00:10:53.560 And then when you open it up,
00:10:55.320 when you open it up,
00:10:56.400 inside of it,
00:10:57.640 you will see Future Looks Bride right here.
00:10:59.660 Sick,
00:11:00.180 absolutely sick.
00:11:01.820 And by the way,
00:11:02.560 the other day,
00:11:03.040 Michael Beasley was doing a podcast.
00:11:04.940 We're not seeing people actually
00:11:06.220 wearing a Future Looks Bride hat
00:11:08.200 all over the place.
00:11:09.060 Michael Beasley's doing a podcast.
00:11:09.700 NBA player,
00:11:10.420 number two pick of the draft
00:11:11.780 many years ago by the Miami Heat.
00:11:13.340 I can't wait to see millions
00:11:15.180 on top of millions.
00:11:17.060 I get so many people on X
00:11:18.460 who are posting pictures
00:11:19.340 while they watch this podcast
00:11:20.380 and they'll tell me
00:11:21.460 how they're watching the podcast,
00:11:22.460 but they'll say,
00:11:22.880 man,
00:11:23.020 look at my Future Looks Bride hat,
00:11:24.160 look at my Future Looks Bride gear.
00:11:25.880 Love seeing the support.
00:11:27.420 More importantly,
00:11:28.020 we need to convert more people
00:11:29.620 that are coming here.
00:11:30.680 We were just in LA
00:11:31.460 this last weekend
00:11:32.640 for,
00:11:33.800 what do you call it,
00:11:34.580 that show that happens,
00:11:35.500 is we won't post any of the pictures.
00:11:36.740 You know the guy
00:11:37.220 that sits in the middle
00:11:37.960 and 20 people grill you?
00:11:40.140 I was in the middle
00:11:40.920 with 20 anti-capitalists.
00:11:41.540 That was awesome, Pat.
00:11:42.740 It was epic.
00:11:43.880 It was fire,
00:11:44.860 and it'll be released
00:11:45.660 in the next four to six weeks.
00:11:47.820 Cannot wait to have you guys see it,
00:11:49.400 but the whole premise is
00:11:50.560 we need more people
00:11:51.980 thinking the future looks bright
00:11:53.320 instead of being victims.
00:11:55.360 And, you know,
00:11:55.660 it's not fair.
00:11:56.760 I'm not happy
00:11:57.540 about what's going to happen.
00:11:58.340 I'm so scared about the future,
00:11:59.500 so if you support that as well,
00:12:01.160 go to vtmurch.com,
00:12:02.300 place your order.
00:12:02.940 If you enjoyed this video,
00:12:04.020 you want to watch more videos like this,
00:12:05.400 click here,
00:12:05.780 and if you want to watch
00:12:06.480 the entire podcast,
00:12:08.120 click here.