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

Harmful content

Misogyny

1

sentences flagged

Hate speech

4

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

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

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
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. 0.90
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 0.53
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, 0.99
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, 0.73
00:10:03.180 because you're like a guy that smiles,
00:10:04.620 and wants to give you free shit. 0.84
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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00:10:22.480 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,
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00:10:41.200 that's out here,
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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.