Valuetainment - August 22, 2022


California, This Video May Trigger You - Watch At Your Own Risk


Episode Stats


Length

8 minutes

Words per minute

229.65758

Word count

1,907

Sentence count

150

Harmful content

Toxicity

6

sentences flagged

Hate speech

3

sentences flagged


Summary

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

If you love your state so much that you have no plans of leaving the state of California in the next 3-5 years, here's a tip for those of you that love California and have no intentions of leaving.

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.080 Say you live in New York, say you live in LA, say you live in San Francisco, say you
00:00:03.080 live in Chicago, say you live in any place and you say, I don't care if people are living
00:00:07.160 in Florida, I don't care if people are living in Texas, I don't care if they're going to 1.00
00:00:10.200 Tennessee, anywhere, I am not leaving the state.
00:00:13.080 Perfect.
00:00:14.080 If that's you, there's two things you have to keep in mind specifically for those of
00:00:18.680 you that have no plans of leaving your state or your country.
00:00:21.560 Now, I'm going to make my argument to you.
00:00:23.920 If it makes sense and I get you thinking, give it a thumbs up and subscribe to the channel.
00:00:28.240 So let's get right into it.
00:00:29.240 Last week I'm in LA, I'm giving a speech at Lowe's Hotel in Santa Monica.
00:00:32.840 There's 400 people in the audience and I open up the speech.
00:00:35.800 Right off the bat, I hit the stage, I asked this question, I said, how many of you have
00:00:39.760 no plans of leaving the state of California the next three to five years?
00:00:44.420 And people are kind of startled by that question, so no one's really participating.
00:00:48.000 I said, let me ask this question one more time.
00:00:49.480 I said, there's a lot of things that's going on right now and I'm asking you a specific
00:00:52.480 question.
00:00:53.480 How many of you love your state so much that you have no plans of leaving the state of
00:00:58.200 California the next three to five years?
00:01:00.800 You saw 70% of hands that went up.
00:01:02.920 I said, perfect.
00:01:03.800 No problem.
00:01:04.800 I said, how many of you have plans of leaving the state of California, you're already looking
00:01:07.580 at different places based on what happened the last 12 to 24 months?
00:01:11.480 You see 30%, that's a pretty big number, but you saw a 30% raise hand saying, yeah, we're
00:01:14.800 kind of looking to see where we're going to go next.
00:01:16.800 I said, no problem.
00:01:17.800 I said, today, I just want to talk to the people that want to stay in the state of California.
00:01:22.800 They said, great.
00:01:23.800 I said, if you're staying in the state of California, here's what you're saying.
00:01:26.960 You're okay with having the highest gas prices in America.
00:01:29.960 You're okay with having all in taxes, state, gas, sales.
00:01:34.400 You have the highest amongst everybody in America.
00:01:37.680 You're okay with high taxes.
00:01:39.200 You're okay with high crime.
00:01:40.360 You're okay with high homelessness.
00:01:41.920 You're okay with high regulation.
00:01:43.280 You're okay with high control.
00:01:44.400 I think they're about to go on masks again on this Friday, LA.
00:01:47.880 You're okay with all of that.
00:01:49.080 Are you still okay with all the things you kind of them looking to the left?
00:01:51.800 I said, it's totally fine.
00:01:52.860 If you are, you're still okay with that.
00:01:54.040 They're like, yes, they're perfect.
00:01:55.200 If you still are planning on staying in the state of California, let me tell you two things
00:01:58.660 you need to be ready for.
00:01:59.500 What's that?
00:02:00.500 Last night I had dinner with my entertainment lawyer in LA at cross stations.
00:02:04.800 This is when I'm giving a speech.
00:02:05.960 It was the night before I said, my lawyer, Michael, let's call him, he says to me, he says,
00:02:11.520 Patrick, I bought a house in Van Nuys.
00:02:16.240 It's like right by Toluca Lake Van Nuys.
00:02:18.640 He said, I bought this place.
00:02:20.400 It's less than 2000 square feet.
00:02:22.480 The house should be six, $700,000.
00:02:25.280 It just sold for $1.8 million.
00:02:28.000 I said, what are you talking about?
00:02:29.000 He says, it's only three bedrooms and it sold for 1.8.
00:02:32.840 I says, I'm a lawyer.
00:02:34.200 Okay, fine.
00:02:34.760 Maybe I can afford it.
00:02:36.200 How is somebody supposed to buy that house?
00:02:38.360 I don't understand it.
00:02:39.720 I said, $1.8 million is $1.8 million.
00:02:42.440 I said, okay, how many of you guys got a family with two or three kids and husband
00:02:46.440 and wife living together?
00:02:47.320 They raised hands.
00:02:47.960 I said, great.
00:02:49.160 So 2000 square foot house, three bedroom, two bath, $1.8 million.
00:02:53.760 I said, what does it take to buy $1.8 million house?
00:02:56.280 I asked one of the realtors, they get up, they said, well, you need to put 10% down, which
00:02:59.600 is what?
00:03:00.600 180.
00:03:01.600 I said, great.
00:03:02.600 I said, how many of you here have $180,000 in savings to put a down payment?
00:03:04.720 I said, don't answer that, but just think about it.
00:03:06.720 How many middle income families have $180,000 to put on a down payment of a house?
00:03:10.900 They don't raise their hands.
00:03:11.900 I said, okay, fine.
00:03:12.900 So you got $1.62 million that you're financing.
00:03:15.440 I said, what's the average mortgage payment on today's rates, 5.7?
00:03:18.940 I think it just went up right now while I'm talking to you, another three quarters of a
00:03:22.440 basis point.
00:03:23.440 I said, what's the payment on a $1.6 million house at 6%?
00:03:27.440 She says around $12,000, principal, insurance tax, everything included.
00:03:31.120 I said, is that $12,000 a month pre-tax money or after-tax money?
00:03:37.120 Everybody's kind of like quiet.
00:03:38.800 They said after-tax money.
00:03:39.800 I said, perfect.
00:03:40.800 So to net $12,000 in the state of California, what do I need to make pre-tax to keep $12,000?
00:03:49.140 She says around $20,000, 40% taxes.
00:03:52.020 You keep $12,000.
00:03:53.020 So I need to make $20,000 to afford to pay $12,000 payment on a house that's barely 2,000
00:03:59.180 square feet and it's three bedroom, two baths.
00:04:00.820 Yes.
00:04:01.320 No problem.
00:04:02.320 I said, historically, it's been said, whatever mortgage payment you're making, it should
00:04:06.120 be about a third of your income.
00:04:08.520 So if $20,000 is a third of my income, what should my income be?
00:04:12.880 And she says, $60,000 a month.
00:04:14.740 I said, so what's 60 times 12?
00:04:16.460 They said 720.
00:04:17.460 I said, great.
00:04:18.460 I said, how many of you here, your job is going to pay you $720,000 the next 6, 12,
00:04:22.900 24 months?
00:04:23.900 He said, everybody laughing.
00:04:24.900 I said, I'm actually not laughing.
00:04:25.900 I'm actually being very serious.
00:04:27.860 How many of you have a family, you have a wife, you have kids, you have husbands, you
00:04:31.020 have all this stuff going on.
00:04:32.660 How soon will your current job pay you $720,000 per year in the state of California?
00:04:37.040 Because you said you want high taxes.
00:04:39.020 You said you want high gas prices.
00:04:40.760 You said you want the most expensive real estate.
00:04:42.600 You said you want high crime, high homelessness.
00:04:44.620 You want to stay here.
00:04:45.620 I didn't tell you to stay here.
00:04:46.540 You want to stay here.
00:04:47.540 And they're all quiet.
00:04:48.540 I said, now, same people that I asked the question from me, how many of you make less
00:04:51.300 than six figures, 70% of hands go up.
00:04:55.100 I said, great.
00:04:56.280 Of those of you that said you have no plans of leaving the state of California, how many
00:04:59.120 of you guys are not open-minded to it?
00:05:01.100 You see a quarter, no joke, a quarter said, I kind of have to start looking.
00:05:05.020 I said, because you either go into Palmdale, Lancaster, where you got a couple options that
00:05:10.020 are out in like the open, without good education, without any good security, or you got to figure
00:05:16.560 out a way to do something with your income.
00:05:18.780 So they said, so what's the solution?
00:05:20.320 If you're going to stay here, you have to know your economics, meaning what kind of money
00:05:25.200 you need to make, because you cannot do it making 50, 80 grand per year in the state of
00:05:30.740 California.
00:05:31.060 You can do it in other states.
00:05:32.260 You cannot do it in the state, unless if you're living in the booties. 0.88
00:05:35.460 You cannot do it in the state that you're in.
00:05:37.320 Number one is economics.
00:05:38.540 Number two is figure out politics.
00:05:40.360 What do you mean by politics?
00:05:41.180 I said, if we're living in the land of the free and home of the brave, start being free
00:05:45.500 and start being brave and push back on why do we have the highest gas prices, specifically
00:05:50.400 gas taxes?
00:05:51.460 Why do we have the highest taxes state-wise?
00:05:54.080 Why do we have high crime?
00:05:55.300 Why do we have high homelessness?
00:05:56.500 Why do you have all this other stuff?
00:05:57.820 Why?
00:05:58.320 Ask why and get involved and either make the politicians change by the way you vote or get
00:06:04.400 behind somebody or eventually get involved in politics.
00:06:07.180 But you're not going to be able to do it with you sitting around saying, oh, I love my state.
00:06:11.060 It's so awesome.
00:06:11.840 The beach is great.
00:06:12.620 The weather is great.
00:06:13.360 The earthquake is fantastic.
00:06:14.820 I love the sports teams.
00:06:16.020 I love all this other stuff.
00:06:17.300 Oh, my God, babe.
00:06:18.000 Life is so hard paying all the bills, man.
00:06:19.700 It's so hard.
00:06:20.140 My kids can't go to private school.
00:06:21.760 And if I lived in another state, you know, the kids could have gone to a private school.
00:06:24.200 But I love California.
00:06:25.020 Who cares if they don't go to a private school?
00:06:26.600 It's OK.
00:06:27.100 They can go to a public school because I love my state and I'm willing to pay all the high taxes.
00:06:32.160 Stop.
00:06:33.420 You've got a family.
00:06:34.460 Your kids are relying on you to make the right choices.
00:06:37.620 And you, the 20-year-old version, older of what you are today, is also relying on you to make the right choices.
00:06:43.320 And FYI, to those of you guys that are extremely loyal and you're saying, I'll never leave the state of California.
00:06:47.820 I'll never leave Illinois. 0.81
00:06:49.520 I'll never leave these people that are leaving our cowards. 0.99
00:06:52.440 Really? 0.99
00:06:52.900 Yes.
00:06:53.380 Huh.
00:06:53.880 OK.
00:06:55.440 Question for you.
00:06:56.940 Did your great-great-grandparents, were they born here?
00:07:00.260 How many lineage up do I need to go until we can find somebody in your lineage that chose to leave their country to come here to give you a better life?
00:07:08.140 Why did they do it?
00:07:08.980 Were they cowards? 0.97
00:07:09.600 Were our parents cowards? 0.96
00:07:10.640 My parents left? 0.96
00:07:11.980 Do I call my parents cowards?
00:07:13.620 Or am I grateful for the fact that they left Iran and went to Germany at a refugee camp and eventually ended up being here? 0.98
00:07:18.880 Moral of the story is the following.
00:07:20.920 If your state doesn't know that there's a possibility of you leaving, they will keep gassing you.
00:07:26.680 They will keep raising taxes on you.
00:07:28.320 They will keep doing everything to you because you keep saying, I'm not going to leave because of the beach.
00:07:32.520 Make a decision for you and your family.
00:07:34.780 If you're staying, make more money, get into politics.
00:07:38.620 If not, leave the state and go to a different place like many other people have to protect their futures.
00:07:44.680 That's your choice.
00:07:45.480 Now, if you're watching this and this video is being shared with like, oh my God, did you hear what Pat said about California?
00:07:49.740 He called us out.
00:07:50.620 He called us out.
00:07:51.220 Share it with each other.
00:07:52.420 But if my argument got you thinking this much, give it a thumbs up, subscribe to the channel, and share it with everybody else you know in your state that may also get pissed off.
00:08:00.460 And let them see what they say about this.
00:08:01.740 They'll comment below and I'll read the comments.
00:08:03.060 I totally disagree what he has to say.
00:08:05.320 No problem.
00:08:06.020 I welcome it.
00:08:06.800 I want a good debate.
00:08:08.000 I want a good conversation.
00:08:09.160 If you want to watch a couple other videos, I did one video titled 10 Reasons Why I Should Consider Moving to Another State and 10 Reasons Why I Moved to the State of Florida.
00:08:17.180 Take care, everybody.
00:08:18.000 Bye-bye.