Valuetainment - July 16, 2025


＂This Son Of A B#tch!＂ - Gavin Newsom WHINES About Trump's ＂Newscum＂ Nickname


Episode Stats

Length

14 minutes

Words per Minute

198.09244

Word Count

2,880

Sentence Count

230

Misogynist Sentences

2

Hate Speech Sentences

9


Summary

Rob and Vinny talk about why the real estate industry in Florida is against DeSantis and his plan to get rid of property taxes. They also talk about the current state of the economy in Florida and what it means for the future of the state.


Transcript

00:00:00.000 Gavin Newsom was on a podcast with Sean Ryan.
00:00:02.360 While he's doing a podcast, CNBC releases
00:00:05.340 which state is the number one economy in America
00:00:08.540 for three years in a row, Rob.
00:00:10.480 If you can post that picture, guess what?
00:00:12.960 Bingo.
00:00:13.380 For the third year in a row, Florida's number one in economy
00:00:17.180 according to CNBC 50-state analysis for 2025.
00:00:22.320 Every day, I'm at the cigar lounge the other day at the boardroom
00:00:25.000 hanging out with some of the members.
00:00:25.980 One guy comes up to me and says,
00:00:26.920 look, I won't let you know this.
00:00:27.820 I just moved here because of the top 10 reasons
00:00:30.840 why you moved to Florida.
00:00:31.800 That was one of the reasons my wife.
00:00:33.240 If I tell you 500 people in Florida have stopped
00:00:36.300 and told me they moved here because of that video
00:00:38.080 or people that are moving here, business owners,
00:00:40.280 that's a small number.
00:00:42.020 Regularly, people bring it up about the fact
00:00:44.600 that they're moving here for how amazing the state is, okay?
00:00:48.020 My concern is with what just happened in New York,
00:00:50.960 shit could get really crazy here in Florida.
00:00:53.120 I had an Armenian family at the house this weekend.
00:00:54.860 Folks I've known for many, many years,
00:00:57.940 you actually know them as well.
00:00:59.580 They were at the house.
00:01:00.900 And I said, just want to prepare you for this.
00:01:04.080 There's a city in Florida that's waiting for all Armenians,
00:01:08.280 and most of the job creator Armenians that have conservative values,
00:01:12.600 not the crazy nutcase Armenians that are on the leftist,
00:01:15.820 LGBTQ, anything goes, transgender, do the surgery,
00:01:19.500 the city owns your kids, the communists, all those guys.
00:01:23.560 No, no, those guys stay in Glendale.
00:01:25.220 Glendale deserves you to stay there.
00:01:27.140 But for all the other people that are job creators,
00:01:29.020 that are sensible family parents, that are like,
00:01:31.620 dude, this is crazy shit what's going on over here.
00:01:33.460 I want to be able to allow my kids to go outside
00:01:35.040 and play at this park on Adams
00:01:36.860 or go play basketball at R.D. White or John Muir
00:01:39.840 or go to Show Canyon and play baseball like a regular kid does.
00:01:44.100 I'm worried about some of the stuff that's going on.
00:01:46.080 Now, there's a city in Florida that's been waiting for you guys.
00:01:49.080 It's called Boca Raton.
00:01:50.280 I'm not the mayor of Boca.
00:01:51.440 I don't live in Boca.
00:01:52.260 I used to live in Boca.
00:01:53.580 Armenians will love Boca.
00:01:55.000 But watch what happened here.
00:01:56.300 Look what they're talking about in the state of Florida.
00:01:58.460 Tom, I'm going to come to you,
00:01:59.740 and I'm going to do one last dig at Lakers,
00:02:01.840 and then we'll wrap it up.
00:02:03.420 Is that fair with you, Vinny?
00:02:04.580 I love it.
00:02:05.080 I love it.
00:02:05.580 A tale of two Floridas, okay?
00:02:07.900 Real estate industry torn over DeSantis' push
00:02:11.880 to eliminate property taxes.
00:02:14.720 What?
00:02:16.080 This guy's going to cut property taxes?
00:02:18.620 Are we serious?
00:02:20.480 You didn't talk about property.
00:02:21.960 Rob, he didn't say.
00:02:23.660 We're talking about taxes.
00:02:24.460 Property taxes.
00:02:24.940 You're talking about taxes?
00:02:25.840 Not a game.
00:02:27.300 No, no.
00:02:27.640 Not an income.
00:02:28.060 Property taxes.
00:02:28.920 Not a game.
00:02:29.440 Play this property tax DeSantis video.
00:02:31.940 What is going on around here?
00:02:32.500 And I'm going to read this article.
00:02:33.400 Go for it, Rob.
00:02:34.200 There's citizens to hire taxes,
00:02:36.680 such as hire property taxes,
00:02:38.420 to pay for these spending habits.
00:02:41.080 And, you know, these property taxes,
00:02:42.520 it's like you buy a home,
00:02:45.400 you buy land,
00:02:47.280 you know, maybe you buy the home outright,
00:02:48.740 but maybe you pay off a mortgage over 30 years.
00:02:51.680 And then, okay, you've paid off the mortgage,
00:02:54.080 you bought the land,
00:02:55.140 you've been taxed many times.
00:02:57.340 It's like, is it your property or not?
00:03:00.200 Just for being on your property,
00:03:01.720 you've got to write a check to the government every year.
00:03:03.920 So you're basically paying rent to the government
00:03:06.420 to live on your own property.
00:03:08.280 And our homestead exemption is not strong enough
00:03:11.820 to help these folks
00:03:13.300 because the property gets assessed so high.
00:03:16.000 And that's the thing.
00:03:16.740 If you buy a home for $300,000
00:03:19.440 and you know there's certain tax,
00:03:22.660 well, then what?
00:03:23.600 10 years later, they say it's worth $700,000.
00:03:26.180 And so, and they say, you know,
00:03:28.140 there's homestead stuff
00:03:29.160 that helps protect you to a certain extent,
00:03:31.040 but you're paying more.
00:03:32.780 And a lot of people can't afford that.
00:03:34.600 So I think that that's a big issue.
00:03:36.060 And I know we're going to be really looking at ways
00:03:38.140 to bring people relief from that
00:03:39.860 because I think it's been really something
00:03:41.740 that's pinching a lot of homeowners,
00:03:43.400 particularly seniors on fixed income.
00:03:46.040 But the reality is, is people have seen,
00:03:48.460 and this is not the state,
00:03:49.760 we don't control this.
00:03:51.260 You know, we've not allowed any of that stuff to happen.
00:03:53.040 We've been cutting taxes,
00:03:53.980 but people have seen their property tax
00:03:55.680 property tax liability go up over these last years
00:03:59.380 because the property is being assessed higher and higher.
00:04:02.200 And the reality is,
00:04:03.220 is you don't really know how much your home is worth
00:04:05.880 until someone offers you money
00:04:07.640 and is willing to pull the trigger on a sale.
00:04:09.660 That's how a market works.
00:04:11.000 You can say it's worth this much,
00:04:12.960 but if no one's willing to come
00:04:14.680 and offer you that much,
00:04:16.080 then why should you pay taxes on that amount?
00:04:19.420 And so there's a lot of things
00:04:20.580 that need to be done with that.
00:04:22.520 It's a little too much logic there,
00:04:24.180 and I love it, okay?
00:04:25.780 It's a little too much logic there,
00:04:26.900 and I love it.
00:04:27.420 He's making a very good point.
00:04:28.460 You paid off the house.
00:04:29.660 Why are you still paying for it?
00:04:31.320 Like, is this a land lease,
00:04:32.440 or do I own this damn place, right?
00:04:34.280 So it's a very good point.
00:04:35.420 However, the Florida Policy Institute reports
00:04:37.920 that property tax generates $55 billion annually,
00:04:42.560 accounting for 18% of the county's revenue,
00:04:44.980 17% of municipal revenue,
00:04:47.060 and up to 60% of public education funds,
00:04:49.960 with Budge Husky, President, CEO,
00:04:51.900 Premier Sotheby's International Realty,
00:04:53.520 stating when you look at the amount of revenue
00:04:55.380 that is collected in property tax within the state
00:04:57.580 and the implications,
00:04:59.560 if the math is wrong on any of this,
00:05:01.600 especially in the absence of clarity
00:05:03.120 as to alternative funding,
00:05:04.720 to suggest that an investment of $1 million,
00:05:06.620 which is pittance compared to what we are looking at
00:05:09.360 shifting in terms of revenue,
00:05:10.920 it makes no financial or business sense.
00:05:12.640 So, Tom, great idea, noble idea.
00:05:15.660 Of course, residents will love it.
00:05:17.700 Do you think it's going to get done,
00:05:18.960 and do you think it's the right move to make?
00:05:20.800 Well, there's two steps to it.
00:05:22.140 First of all, I believe Ron DeSantis is thinking right,
00:05:26.060 and what he says is,
00:05:28.360 when people retire, they're on fixed income,
00:05:30.340 and if they bought a place for $300,000,
00:05:32.340 they sold their place in New Jersey,
00:05:33.860 and they bought a place down here,
00:05:35.800 he's like, the $300,000 number,
00:05:37.960 that's the number you pay taxes on.
00:05:39.860 So his first point is,
00:05:41.060 the assessment keeps going up.
00:05:43.400 So if the house is thought to be worth more,
00:05:47.120 then you're expected to pay taxes on it.
00:05:49.280 But he's saying, wait a minute,
00:05:50.340 you don't know what it's worth
00:05:51.480 until you actually have a transaction.
00:05:53.820 Everything else is just speculation.
00:05:55.840 And things go up and down.
00:05:58.240 So the first thing he's saying,
00:05:59.640 hey, let's get the $1,000 rebate check
00:06:02.900 and homestead discounts.
00:06:05.620 Number one, that's a good thing.
00:06:07.500 Number two, let's freeze property values after you buy it.
00:06:12.240 So an older person on fixed income bought a place for $300,000.
00:06:16.120 They know what the tax rate is on it.
00:06:18.100 That's what they pay.
00:06:20.000 The other side of it is people in Florida,
00:06:24.780 the Democrats in Florida, are hungry for the money.
00:06:27.640 Absolutely bloodthirsty, hungry for the money.
00:06:30.860 And they want the housing market to pick up speed
00:06:35.540 because every time a house is sold,
00:06:37.640 the new higher value is the new tax value.
00:06:40.600 So when home prices are going up
00:06:43.760 and transactions are happening,
00:06:46.300 it's really good for Democrat tax business.
00:06:48.840 That's how they make it.
00:06:51.780 And it also becomes a challenge for the average person.
00:06:56.820 So now what happens if you freeze it all?
00:06:59.680 If you freeze it all,
00:07:01.460 then you end up in a position
00:07:02.740 where you may have to consider increasing sales tax
00:07:07.700 or a VAT, a value-added tax on whatever you buy.
00:07:12.440 Now, the reason that people like me say VAT is fair
00:07:16.520 because if that guy wants to buy a Lamborghini,
00:07:18.820 he's going to pay a tax on a Lamborghini,
00:07:20.480 a big tax on it.
00:07:21.960 You're going to buy a Prius, you pay the tax on it.
00:07:25.440 So VAT tax is also called consumption tax.
00:07:28.020 You're taxed on what you consume.
00:07:31.080 Want to buy more?
00:07:32.460 You're going to pay tax on each thing you buy.
00:07:34.500 Don't want to buy more?
00:07:35.760 You're going to live a more modest life?
00:07:37.420 Then guess what?
00:07:38.140 The tax is far less.
00:07:39.400 So I love the idea of the homestead exemption
00:07:43.980 being expanded and rebate checks
00:07:46.780 for the tax-paying property people.
00:07:49.420 But what would interest me far more
00:07:51.240 would be freezing the counties.
00:07:55.920 Remember, the counties do the property tax vending.
00:07:58.680 Did you know that?
00:07:59.360 It's actually the county, not the state.
00:08:01.340 The county you live in and you need to say,
00:08:03.740 hey, what are the property taxes in Broward County specifically?
00:08:07.260 This is a code where I live.
00:08:08.760 Oh, well, you're at 2.1.
00:08:11.920 Well, maybe Palm Beach County Boca is 1.9.
00:08:14.660 Now, I'm not getting those numbers exactly dead on right,
00:08:17.200 but it'll vary a little bit.
00:08:19.140 And so the county determines it.
00:08:20.920 And so I think that the governor's leadership on this
00:08:24.500 is going to help affordability for Florida,
00:08:27.560 but you've got to pay for fire trucks and police
00:08:31.080 and roads and streetlights that work somehow.
00:08:34.060 And that's probably, if you fix the property tax problem,
00:08:38.120 I think you probably need to head the direction
00:08:40.620 of a VAT or a consumption tax
00:08:42.640 because you've got to pay for all these things.
00:08:45.340 Which hurts and helps who?
00:08:49.520 A consumption tax?
00:08:52.080 It basically is fair for everybody
00:08:54.360 because if you buy more clothes
00:08:57.940 and you buy a bigger car, you pay more tax,
00:09:01.600 but it's the same percent you pay tax.
00:09:03.420 And if you're on fixed income
00:09:04.780 and you're living very humbly,
00:09:06.600 you don't pay a lot of tax.
00:09:08.500 You pay for food, electricity, your cell phone,
00:09:10.980 you got your house, you know?
00:09:12.600 So the money's going to come flowing from somewhere.
00:09:15.960 Correct.
00:09:16.180 Whether it's going to be from property tax or not,
00:09:18.420 we got to get the money from somewhere.
00:09:20.100 But property tax continuing to reassess and go up
00:09:22.820 does not help retired people in fixed income.
00:09:25.720 And that's one of the points that the governor's making.
00:09:28.560 Yeah.
00:09:28.980 Well, listen, the fact that he's presenting an argument
00:09:32.340 the way that he does in a logical way
00:09:34.720 is the reason why I don't know a lot of people
00:09:37.720 that don't love their governor in the state of Florida.
00:09:40.360 And if they do, they're on the opposite end.
00:09:43.820 But the people that are working,
00:09:45.180 what clip is this, Rob, with Newsom?
00:09:46.460 Is he talking about DeSantis?
00:09:47.680 This is Gavin Newsom talking about President Trump,
00:09:50.640 talking about him masquerading in fate.
00:09:54.180 Oh, and cusses.
00:09:55.440 He cusses and he says,
00:09:56.600 gee, damn, and tries to apologize twice.
00:09:58.540 He cusses at the president.
00:09:59.900 Just to juxtapose the two governors.
00:10:00.900 Because he thinks it makes him look tough.
00:10:02.360 He's being coached.
00:10:03.280 Go ahead.
00:10:03.840 All that reputational damage that's being done
00:10:05.860 as they're sitting there on horses with American flags
00:10:08.400 running through soccer fields scaring kids
00:10:10.720 that are playing soccer in the middle of the day
00:10:13.120 at a summer camp.
00:10:14.380 For what?
00:10:15.380 Just toughness.
00:10:16.320 It's a weakness masquerading as strength.
00:10:18.240 That's what I don't like about this son of a bitch.
00:10:20.260 Ooh, that's a part of the president.
00:10:20.900 I don't.
00:10:21.500 President.
00:10:21.760 And forgive me.
00:10:22.340 I know he's the president of the United States.
00:10:23.440 Forgive me.
00:10:23.880 I didn't, you know.
00:10:24.400 Watch it.
00:10:24.740 Ready?
00:10:25.480 Yeah.
00:10:25.780 He calls me new scum.
00:10:27.300 You know, come on.
00:10:28.020 Because you are.
00:10:28.520 How do I explain that to my kid?
00:10:30.640 Now he's got, I have my kids' friends
00:10:32.800 calling my kids new scum.
00:10:34.900 That I get.
00:10:35.760 Because I was called that in seventh grade.
00:10:37.720 But not by a 79-year-old.
00:10:41.500 Model better goddamn behavior, man.
00:10:43.160 Look at this guy.
00:10:43.820 Just demon.
00:10:44.060 Forgive the goddamn.
00:10:48.240 Like, just a walking, talking contradiction.
00:10:50.780 Oh, he's doing good with the conservative faith vote there.
00:10:54.360 Nobody would call you new scum if you weren't a scumbag.
00:10:57.260 No, but that's not the...
00:10:58.140 No, I'm just saying.
00:10:58.920 But I just want to tell you also,
00:11:00.440 I understand what he's saying.
00:11:02.320 Okay?
00:11:02.600 I get it.
00:11:04.100 That to say things like new scum and stuff like that,
00:11:08.060 it's probably not the right approach.
00:11:13.340 But guess who it is?
00:11:14.080 It's Trump.
00:11:15.280 That's who it is.
00:11:16.320 That's your opponent.
00:11:17.640 So you're not going to change your opponent.
00:11:20.480 You either make your opponent just to you
00:11:23.240 or just your opponent.
00:11:24.860 That's the opponent you're facing.
00:11:26.300 When the Bulls are facing the Knicks in the playoffs
00:11:28.720 and after game one they get slaughtered,
00:11:31.400 I think it's 93 or 94,
00:11:32.860 Michael comes out and says,
00:11:33.760 hey, if we thought we were going to come in here
00:11:34.860 and take this thing that's going to be done,
00:11:36.560 we're out of our minds.
00:11:37.360 And it eventually goes to game seven
00:11:38.800 and game seven is when he calls his dad
00:11:40.740 and he says, I asked my dad,
00:11:41.780 what do you think I should do?
00:11:42.800 He says, look, if you lead and they don't follow you,
00:11:44.740 it is what it is.
00:11:45.420 He says, I went in game seven and boom,
00:11:47.060 took the whole thing
00:11:47.900 and Knicks were supposed to go to the finals.
00:11:49.500 You were in New York when this happened.
00:11:50.860 So you're going against freaking Trump.
00:11:53.400 What are you talking about?
00:11:54.380 Second, he should have never said that this upset him.
00:11:57.100 He should have never said that this upset him
00:11:58.500 because Trump's just going to love it even more.
00:12:00.660 Never.
00:12:01.300 He should have never shown vulnerability there.
00:12:06.000 Not with Trump.
00:12:07.600 He should have never shown that.
00:12:09.220 Get ready for a summer of pokes.
00:12:10.820 Because if you think he was going to say new scum more,
00:12:13.460 now he's going to say it a hundred times more.
00:12:15.780 No, you shape the kid's mindset
00:12:17.300 before you go into politics and say,
00:12:19.100 here's what it's going to look like.
00:12:20.820 My son has the same name as I do.
00:12:22.640 What do you think I have to prepare for this guy
00:12:24.860 when he goes to different campuses and schools?
00:12:26.660 Hey, son, your name is Patrick B. David.
00:12:29.160 You're screwed, okay?
00:12:31.120 And you are lucky.
00:12:33.000 You got both.
00:12:33.920 Because it's going to be both a good thing and a bad thing.
00:12:35.820 You're going to go through it.
00:12:36.560 You better be ready for it.
00:12:37.680 When you go with a,
00:12:39.020 we don't have a last name like Jones
00:12:40.620 or a traditional last name like Marty Rossian
00:12:43.680 or a common last name as some of these other people.
00:12:47.500 We have a B. David, okay?
00:12:50.700 It's two of them.
00:12:51.520 Yeah, it's two of them.
00:12:52.340 Ben and David together.
00:12:53.340 The Future Looks Bright hats
00:12:54.700 that are the ones that never stay on the shelves
00:12:59.420 and you guys ask for more of this style
00:13:01.900 is the Future Looks Bright
00:13:04.040 where the phrase is on the flipping hat.
00:13:07.320 This is now,
00:13:08.220 these hats,
00:13:09.100 when you see these letters coming out,
00:13:10.480 they don't stay a long time.
00:13:11.720 And these new ones that we have,
00:13:13.000 the black is a black,
00:13:14.140 is a navy blue.
00:13:15.180 That's navy blue.
00:13:15.620 And white typography.
00:13:17.360 It is absolutely sick.
00:13:19.520 They're not numbered.
00:13:20.720 Well, we didn't order a big supply of them.
00:13:22.620 We ordered a limited supply of them.
00:13:24.060 So it's going to be a first come, first serve.
00:13:25.900 You're going to go out.
00:13:26.400 We got the Miami color one,
00:13:28.020 the Future Looks Bright.
00:13:28.880 This one's absolutely sick.
00:13:31.040 When you look at this on the inside of it, Rob,
00:13:33.360 if you can show what that looks like.
00:13:35.960 Right there on the back end, yeah.
00:13:37.200 And then we have another one
00:13:38.180 that's the gray and Future Looks Bright
00:13:40.220 with the American flag.
00:13:41.080 And then obviously those of you that,
00:13:43.080 the community that is just obsessed
00:13:44.620 with the black on black on black,
00:13:46.760 this is the black on black on black,
00:13:48.840 Future Looks Bright.
00:13:49.740 Give me the gray.
00:13:50.260 A lot of black.
00:13:50.980 Vinny, we call this the Chicago special.
00:13:53.320 No, Vinny, give me the gray one.
00:13:54.620 Yeah, the black on black on black.
00:13:55.860 All right, thanks.
00:13:56.640 Mine now.
00:13:57.340 Yeah.
00:13:57.620 The black on black on black
00:13:58.960 is absolutely sick.
00:14:00.480 But any one of these.
00:14:01.860 So if you're someone
00:14:03.620 that hasn't yet gotten
00:14:05.880 the Future Looks Bright
00:14:07.540 with the phrase on top of it,
00:14:09.540 go get one for yourself.
00:14:10.900 Get it as a gift.
00:14:12.060 Send it to someone.
00:14:13.000 Make someone's day.
00:14:14.540 Buy it for your sales team.
00:14:15.800 Buy it for your office.
00:14:17.260 We are over 300,000 people now
00:14:20.940 representing Future Looks Bright worldwide.
00:14:24.180 And we're 700,000 away from crossing a million.
00:14:26.800 If you enjoyed this video,
00:14:27.800 you want to watch more videos like this,
00:14:29.160 click here.
00:14:29.560 And if you want to watch the entire podcast,
00:14:31.400 click here.