Valuetainment - 8 Policies PBD Would Implement as President

00:00:00.000 So many of you are asking, Pat, if you were to become the president, what are some policies you

00:00:03.600 would be passing? I got some ideas here to share with you. You're going to think I'm crazy on some

00:00:06.720 of them. One on immigration. Some of you will lose your mind when you hear what I want to do

00:00:11.420 with immigration and the border. I got one with 65-year-olds. Guess what? I want them to work

00:00:15.440 till 70 and you'll find out why. Another one is Big Pharma, what I would do with them. Bunch of

00:00:19.400 different incentives and one unique program at the end, which I give you some of the numbers on

00:00:22.940 the last program I want to talk about. Anyways, again, my ideas, if you don't like it, debate it

00:00:28.260 in the comments section, but these are my ideas if I were to become the president. All right, so

00:00:32.500 let's get into it. If you give value out of this, give it a thumbs up, subscribe to the channel.

00:00:35.780 Number one, my biggest problem is with our incentive program. To me, the compensation structure, when you

00:00:41.060 work for a company, a company has a benefits plan, right? What they pay you, commission, health

00:00:45.520 insurance, 401k, all that stuff. The tax code is our compensation structure. Depending on how they

00:00:52.760 create the comp plan, the tax structure is how the American people adjust to get the incentive. So

00:00:58.680 first thing I would do is stop financially rewarding women having kids out of wedlock. If you want to 1.00

00:01:04.880 have kids out of wedlock, there's no more tax benefits for you. There's no more food stamps.

00:01:08.580 There's no more welfare for you. I know you're not going to like it. I'm not going to incentivize

00:01:11.880 that because that's not good for the U.S. economy. We need fathers in the households. We need moms and 1.00

00:01:16.640 dads to be together. Proven statistically, it's better for kids. It's safer for kids, better for the

00:01:21.120 economy. So the incentives will be for that. So what does this mean? If you have three or more kids

00:01:25.680 per year, we're going to give you tax incentive every year. Only if you're married to the same

00:01:31.100 wife, you guys have three kids together. After the third one, there's a tax incentive we'll give you 1.00

00:01:37.240 for the 18 years of this kid being raised by you. So if you do three tax incentives, four tax

00:01:44.120 incentives, five tax incentives, only if you're married, father and mother raising that kid, 0.63

00:01:49.500 that's one tax incentive. Number two, 65-year-olds need to start working until 70. Pat, that's insane.

00:01:55.580 You're not going to get something like that to pass. Listen, we're running out of money.

00:01:59.200 65-year-old Social Security, we need you to go back five years. That's pathetic. That'll never pass. 0.99

00:02:04.120 Here's a caveat. You ready? For every penny you make up to $250,000, after you turn 65, you pay zero in

00:02:11.440 taxes. Wait, what? Let me explain. So you make $200,000, you have a 65-year-old. You pay 50% in taxes.

00:02:17.940 What are you keeping? Only $100,000. Now, you have to make a decision with your wife. If I retire at

00:02:23.300 65, I'm leaving how much money on the table? Babe, if you work this year and you make $200,000,

00:02:28.380 you're going to keep 100% of it. You're not going to pay the other 100% taxes. Why don't you work

00:02:32.200 one more year? You work one more year. Oh my God. Did you see how much money we have in the back?

00:02:35.600 Yeah. Go one more year, babe. Take care of your health. Go one more year, babe. Five years later,

00:02:39.580 you got a million bucks. Wow. That's crazy. Exactly. Then if you want to go one more year,

00:02:44.600 it's up to you. We're living longer now, but guess what that does to us? We don't need to

00:02:49.300 tap into social security because it is simply running out. Here's the next thing that's not

00:02:54.500 going to be popular. You know how much money we're spending on entitlement programs and welfare and

00:02:58.460 all that stuff? 53% of our federal expenditure is being spent on entitlement programs and welfare.

00:03:03.360 By the way, here's what I would do. Every year, I would reduce entitlement programs by 7%

00:03:08.840 every year. So whatever our budget is, if it's $3 trillion, year one, $210 billion, lower. Year

00:03:15.860 two, $200 billion, lower. Year three, $395 billion, lower. It keeps going lower and lower and lower.

00:03:22.700 By the 10th year, our entitlement program splits in half. Rule of 72, we would decrease our entitlement

00:03:27.980 program by 7% every year for 10 years. It would be very popular for the workers that are making the

00:03:35.080 economy work. It would not be very popular for those who rely on these entitlement programs.

00:03:40.340 Here's the next thing on entitlement programs. That's not fair, Pat. How could you say you're

00:03:44.780 going to cut these entitlement programs out? Some of these people are relying on that $2,000 a month.

00:03:49.460 No problem. Guess what? For those that still get the $2,000 or $3,000 a month, I would divide that

00:03:55.020 exactly on what's the most money they've ever made in a month on average over a 10-year period.

00:03:59.220 If that equates to 30 hours a week, you will need to work for the government 30 hours a week. I'm not

00:04:03.900 giving you money for free. Why are we giving money away for free? Taxpayers' money who are working,

00:04:08.040 we're taking from them. We're giving to people saying, stay home, and we're still going to take

00:04:10.880 care of them? No, no. Go work 30 hours a week answering phone calls. Go work 30 hours a week

00:04:14.860 cleaning some of the freeways. Go work 30 hours a week. No problem. And by the way, those who

00:04:18.140 receive entitlement programs will have drug testing going on. Surprise. They used to do the military all

00:04:22.860 the time. It was great. Simply, they would get up and say, if your social security, the last four,

00:04:26.620 starts with the number four, step up, and you would step up. Let's go. We're going to test you this

00:04:30.560 month for XYZ. We would do random drug tests quarterly for people that take entitlement

00:04:34.920 programs to make sure you're not using drugs because we're concerned for you. And why are

00:04:39.040 we giving that money away? That's got to be an investment so people get off of welfare and

00:04:43.080 entitlement. That's not to give money, just to give it for the hell of it. I'm sure if you're still

00:04:47.320 watching this, you're sitting there saying, Pat's trying to make friends with all these ideas.

00:04:50.500 It's just wonderful ideas, right? Some people are probably losing their minds going on Twitter.

00:04:54.640 Screw you, PBD. I totally get it. I told you. My ideas. Here's the next idea. Big Pharma. 0.82

00:04:59.080 There's 195 countries in the world, okay? Give or take. Only two countries allow for Big Pharma to

00:05:04.400 advertise on TV. One is New Zealand. The other one is US. Are we following New Zealand's lead?

00:05:09.820 Since when in the world does anybody follow New Zealand? What are we doing? No. The day I get 0.71

00:05:16.100 elected, remember, I'm not born in US, so things have to change. But if I were to get elected,

00:05:21.060 we're going to have to stop Big Pharma advertising on TV. You actually need to get to work and go meet

00:05:25.680 with doctors and sell them while your drug is good. No longer advertising on television.

00:05:30.140 Day one, first executive order, Big Pharma is done advertising on television. By the way,

00:05:38.420 don't you think these Big Pharma people are so happy a guy like me could never run? You know how

00:05:43.340 much money that would cost them? A lot of money. So they're in a safe place right now because I can't

00:05:48.980 run. Staying on Big Pharma, one of the challenges I think we have is the amount of patent these

00:05:53.700 pharmaceutical companies have to sell a drug that takes them 10 cents to make, 25 cents to make.

00:05:58.600 They're selling it for $200, $300 because they can't. So they keep the patent and they do that

00:06:02.240 for 20 years. Then great lawyers and lobbyists extend another 18 years on the patent so that

00:06:07.800 thing stays expensive and the consumer, the individual that needs that medicine, whatever

00:06:11.540 it could be, doesn't get it because they can't afford to pay for it. I would create a structure to

00:06:15.920 incentivize the company that came up with the patent to sell it to others so they can make more

00:06:20.980 money for their competitors to also sell it. But we would ask them to have a structure where the

00:06:25.300 price would be lower, where they don't have to charge it a thousand, 10,000 percent above what

00:06:30.080 it really costs them due to it. And on top of that, we would work on lengthening, shortening the length

00:06:35.220 of patents in America. Instead of 20 years, we would shorten it. The next one would be education. I got a

00:06:39.700 big problem with what they're doing in public schools right now where some parents are cornered who can't

00:06:42.940 afford to put their kids into private school. I would incentivize private schools in America who are not

00:06:49.700 grooming, who are not indoctrinating the kids. There will be an incentive for private schools

00:06:55.760 to compete with public schools. So this, the most powerful union in America, which is this

00:07:01.560 teacher's union that we have, I think they got 3 million members, there's like a couple of them,

00:07:04.680 but the biggest one is 3 million members. We need to compete against them. So one of the first things

00:07:09.660 we would do is incentivize more private schools to be started. I would ask entrepreneurs and many of

00:07:16.740 these wealthy folks, if you're not going to run for office, if you're not going to go work in

00:07:20.900 church, if you're not going to work in nonprofit, use your billions and tens of millions to start

00:07:26.240 some private schools. We would incentivize you to do that based on certain structures that teaches

00:07:31.700 the values and principles that this great country, America, was founded on. Immigration. So this one's 1.00

00:07:38.160 going to piss a lot of people off. 1984, my parents, while we're living in Iran, war's going on,

00:07:43.080 it's ugly, Iraq, the whole thing is taking place, we're in Tehran. We applied for our green card. 0.99

00:07:47.680 We never got our green card while we were in Iran. We escaped, went to Germany at a refugee camp, 0.99

00:07:52.940 year and a half later. I remember when we got the green card, got on a plane, came here November

00:07:57.200 20th, 1990. We waited six and a half years for our green card. It was such a special day, I can't even

00:08:04.020 describe it to you. One of the greatest days of my life was that day. The other day was June 20th

00:08:10.060 of 1999 when I got out of the army, held my hand up and I became a US citizen. Great things are worth

00:08:17.540 waiting for. We would freeze the border and any immigration for one year, suspend all immigration 1.00

00:08:25.160 for one year, zero immigration coming for one year until everybody on both sides figures it out

00:08:31.360 to realize priority is people that live in America first. Then we go everybody that's everywhere else

00:08:38.960 will come to you. But number one is we got to take care of our families first. That'll force other

00:08:43.960 countries who are around our borders, such as Mexico and other places to get their country to become

00:08:48.360 better. So people are not running away from you to come to us. That's what we'll do. One year

00:08:52.120 suspension of immigration with the border. And I know a lot of people are not going to be happy about

00:08:56.720 that. Housing would be another issue right now. We don't have a lot of homes that people can't

00:09:00.820 afford to buy. So we need more starter homes. Everybody's trying to build the stuff that we can make a lot

00:09:04.320 of money with home builders that build things, houses under $400,000. Some states may be different

00:09:09.300 because it's obviously by zip code and by state. But to give you an example, under $400,000, if the

00:09:15.360 builder's willing to build it, they pay 0% taxes on those properties because we need more homes,

00:09:21.000 starter homes specifically for the younger generation. They cannot afford to buy a house right now.

00:09:25.140 So two things here. One is military and the other one is business. They both, same thing is happening

00:09:29.860 with them. So in business, you're noticing a lot of companies are consolidating, right? These big banks are

00:09:34.220 getting bigger, right? Because they're buying up everybody or Walmart, Amazon, they're getting

00:09:37.620 bigger because they're gobbling up small little markets that have been there in a small little

00:09:41.820 town for 50 years. They say, we're going to raise the minimum wage. Those guys can't do it. Walmart

00:09:45.640 can do it. Amazon can do it. These guys can do it. We'll create incentives for small business owners

00:09:50.860 because at one point we had half of America work for small businesses. More and more and more is

00:09:56.040 becoming big companies. This is why some of these politicians that get up acting like they're for the

00:10:00.720 small person. They're helping out the bigger company. The bigger company can't afford to pay

00:10:05.180 higher prices for their employees. It's the small ones that can. Once we lose them, forget about

00:10:09.920 competition. The military side in 1990, they came out with, the Congress came out with some law that

00:10:16.260 they pushed all these 51 different military contractors that we had that people were at least

00:10:21.440 buying. They were competing against each other. They took the 51 and they consolidated it all down to

00:10:26.380 five companies that we have today. Military. That's not competition. They're all best friends.

00:10:30.720 They all make a lot of money. They all get the contracts. They all love more war. They make more

00:10:34.060 money when there's war and conflicts and things like that. We're going to incentivize companies to

00:10:38.800 break apart and small businesses to be created here to compete against them. Incentives for companies to

00:10:44.600 not fear going up against these guys. Last one will be a massive campaign we would launch called the

00:10:50.420 Hero Making Machine. Turning the right people into heroes. Not complainers. Not whiners. Those that

00:10:57.140 life is hard, but they step up and they lead their families. Whether it's mothers that are leading their

00:11:02.200 kids after the father died. That's a hero. She's got three jobs. I want to turn her into a hero. Whether

00:11:07.720 it's the kid that's creating a business on the side to make money to help out family because family's

00:11:13.140 going through challenging times. That's a hero. Whether it's a cop that saved two, three kids took a bullet

00:11:18.800 and we don't recognize those cops, we're going to turn them into heroes. If it's the small business

00:11:23.260 owner that risked everything, him and his wife, all their savings, they sold their house, they sold

00:11:27.660 their cars, they started a business and created a hundred jobs in a community after three years,

00:11:31.700 we want to turn them into heroes. It'll be a program we'll launch also called the 180 program. The 180

00:11:36.460 program will recognize people that made the biggest 180 in their lifetime. Used to be a drug addict and a

00:11:41.760 drug dealer. Changed his life. Gave his life to God. Went and worked at a company. Is now a C-suite

00:11:46.020 executive making two 10 per year. He's happily married. He's got three kids. Ten years ago,

00:11:49.700 he was in jail. The 180 program. Let's turn that guy into a hero. 180 program could be you were a

00:11:54.580 regular person complaining, bitching, whining, blaming everybody. You chose to stand up for

00:11:58.880 yourself. Become a leader. Now you're running a business. You got 38 employees in Kansas. We're

00:12:03.940 going to turn that person into a hero part of the 180 program. On top of the hero making machine and

00:12:07.900 the 180 program, we will launch the National Book Club. Yes, National Book Club. Let me give you some

00:12:12.960 stats on books. When you look at numbers, families making over $75,000 a year versus families making

00:12:18.180 under $30,000 per year. Here's what you'll notice. Adults with annual household incomes of $30,000 or

00:12:23.380 less are more than twice as likely to be non-book readers as the most affluent adults. About 17% of

00:12:30.300 those making over $75,000 per year did not read books, while 36% of those making less than $30,000

00:12:37.280 per year. This is according to CNBC. Meaning those making over $75,000, they read books twice as much

00:12:42.820 as those under $30,000. Why? If you read books, I'm free because of books. I'm a 1.8 GPA kid in high

00:12:48.680 school who was great at math, but I never read any book. First time I finished the book cover to cover,

00:12:53.080 I got out of the army. I worked at Bally's. My sister recommended me how to win friends and

00:12:58.180 influence people. And my boss, Robbie, recommended me how to master the art of selling. Then I read 2,000

00:13:02.340 books in my life change. We will launch a monthly national book club and you post your book reviews

00:13:08.120 on Twitter, different places, and the books could be categories, finance, it could be fiction, it could

00:13:13.660 be non-fiction, it could be money, it could be so many different things related to you improving yourself

00:13:18.620 that will pick and choose the best book reviews. You post a one-minute video and White House will

00:13:23.020 retweet those and turn you into hero because God knows in America we need more book readers. We're too

00:13:28.740 distracted right now with social media. We've got to get our heads like this instead of like this.

00:13:33.200 That's what we've got to do. That's what we would be doing. 180 program, Hero Making Machine,

00:13:37.360 and National Book Club. If you got value out of this video, give it a thumbs up, subscribe to the

00:13:40.860 channel. And by the way, I'm curious, what are some of the policies, crazy policies, you would come out

00:13:45.500 with if you were the president? Tweet at me right here. This is my handle, at Patrick Bay David. I want to

00:13:49.400 hear from you. And on top of that, if you've never seen the video we did on Big Pharma, click here to watch

00:13:54.680 that video. It's fascinating. Take care, everybody. Bye-bye, bye-bye.

00:13:58.740 Bye-bye.

Valuetainment - October 02, 2023

8 Policies PBD Would Implement as President

Episode Stats

Summary

Transcript