Valuetainment - July 02, 2025


＂Trump's AMAZING 10 Days＂ - Media FORCED To Admit Tariffs Work As Iran-Israel Ceasefire Holds


Episode Stats


Length

7 minutes

Words per minute

216.01521

Word count

1,704

Sentence count

202

Harmful content

Misogyny

2

sentences flagged

Hate speech

2

sentences flagged


Summary

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

Media forced to admit Trump's tariffs are working as revenue spikes. Remember how a few months ago, everything was about tariffs are bad? Everything was about how they were a tax on the consumer. Now, look how much we've been collecting in revenues.

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 Media forced to admit Trump's tariffs are working as revenue spike.
00:00:02.720 Remember how a few months ago everything was about tariffs are bad, tariffs are bad, tariffs are bad, tariffs are bad, tariffs are bad, all this bad stuff with tariffs?
00:00:08.540 All right, no problem.
00:00:09.880 Watch this here.
00:00:11.240 If you read this story that just came out with, this is Zero Hedge, there's a video on the bottom to play, but I want to read the fourth paragraph.
00:00:19.120 The U.S. has collected over, you ready, $121 billion in revenue from tariffs on imported goods.
00:00:25.980 And despite claims that tariffs are a tax on the consumer, prices on the shelf have not risen so far.
00:00:32.860 Opponents of the policy are struggling to explain the data.
00:00:35.820 Some still argue that disaster is right around the corner, while others are acknowledging that there's a potential payoff to U.S. debt over time.
00:00:43.020 If the amount duties remain in place for a long term, go a little bit low, Rob, if you could, on the story.
00:00:48.780 Click on this video here.
00:00:49.800 This is CNBC.
00:00:51.780 Click on CNBC.
00:00:52.540 Play this one if you could.
00:00:55.100 There you go.
00:00:56.920 Fantastic.
00:00:58.540 Okay, go for it.
00:01:00.660 Look how much we've been collecting in revenues.
00:01:03.340 And I did this in part because Wilfred's here.
00:01:05.320 Holy moly, look at that.
00:01:06.640 We can talk about the U.K. trade deal.
00:01:07.120 But just, this is the monthly numbers.
00:01:10.300 And they have gone up a lot.
00:01:12.500 June has actually set for another big increase of $27 billion.
00:01:15.740 That is money coming into U.S. coffers from tariffs.
00:01:19.380 We are collecting a lot of revenue.
00:01:21.180 So far, guys, $121 billion has flowed into the U.S. government.
00:01:25.540 And since the start of the year, it's still a tiny portion of the overall revenues that
00:01:29.300 the U.S. government gets.
00:01:30.480 But it's increasingly.
00:01:32.020 Look at her.
00:01:32.500 She doesn't want to say it.
00:01:33.200 It hurts.
00:01:33.720 It hurts.
00:01:34.240 Especially, we haven't seen it.
00:01:35.220 She doesn't know how to say it.
00:01:36.080 Look at it.
00:01:36.960 Say he was right.
00:01:38.180 Just say it.
00:01:38.980 Pause it right there.
00:01:39.520 You know what a producer's like.
00:01:40.460 A producer's like, stop.
00:01:40.820 And that's Sarah Eisen, who kind of flies the same plane that Aaron Ross Sorkin does.
00:01:46.860 So it's not our buddy.
00:01:48.300 What did you say?
00:01:49.400 Dynamic scoring.
00:01:51.860 William Howard Taft.
00:01:53.140 You know, Jennings, whatever.
00:01:55.500 Who cares?
00:01:56.240 Who cares?
00:01:57.040 Tariffs are working.
00:01:58.200 That's what it is, right?
00:01:59.860 But you are right when it comes down to the dynamic scoring part.
00:02:03.380 That validates exactly what Adam is saying.
00:02:05.780 The fact that we're not going to know if this is going to work or not.
00:02:08.980 Anytime you come up with a new comp plan, okay, in a company.
00:02:13.460 Tom, how long does it take to see if the comp plan is working?
00:02:15.980 Usually it takes about one quarter.
00:02:17.540 Not longer than that.
00:02:18.300 That's how long.
00:02:18.860 It takes about three months.
00:02:19.320 That's right.
00:02:19.760 Because month one, like Pat introduces something for the insurance, and they adjust.
00:02:23.780 Month two, we start to see the majority of people using it.
00:02:27.380 By month three, everybody's now trading on it, and all of a sudden we see numbers really
00:02:32.680 move and say, Pat, you were right.
00:02:33.920 So 90 days is what it takes.
00:02:35.200 So roughly 90 days is how long it takes to see if a new comp plan works or not.
00:02:39.420 How long ago was it when these tariffs were announced?
00:02:41.520 About 90 days ago.
00:02:42.840 Guess what?
00:02:43.460 They're starting to work, and we're seeing results.
00:02:45.240 Adam.
00:02:46.060 PVD, I just want to add to this.
00:02:47.260 You see this story right here where it says Wall Street economist who ripped Trump
00:02:50.860 admits that the president may have outsmarted us all on tariffs.
00:02:55.220 Do you see that story?
00:02:55.940 Yeah, of course I do.
00:02:56.720 So let me just give a little feedback on that.
00:02:58.740 So Torstic Slock, chief economist, economist at investment giant Apollo Global Management.
00:03:04.680 How big is Apollo, Tom?
00:03:05.740 I mean, massive, right?
00:03:06.720 Big.
00:03:07.260 Who warned in April that President Trump's tariffs could trigger a recession by this summer
00:03:12.780 now fully admits that Trump might have outsmarted us all.
00:03:17.460 So you know they say, like, if you don't got haters, you ain't popping.
00:03:21.540 Right?
00:03:21.900 You know this, Vinny.
00:03:22.600 So they say, like, let the haters be your motivators until you turn into your appreciators.
00:03:28.500 That's what's going on here right now with Trump, is that you have some of the biggest
00:03:31.480 names coming out and saying, eh, Trump might have been right about the tariff situation
00:03:37.000 right now.
00:03:37.500 And what we're seeing is sort of like the people giving the, hey, my bad, I didn't really realize
00:03:44.680 everything you say.
00:03:45.980 That might take a little time.
00:03:47.620 And then, Vinny, I know you mentioned this.
00:03:49.320 Trump might have just had, low key, the best week he's ever had.
00:03:52.680 Two weeks.
00:03:53.120 Two weeks out of 10.
00:03:54.120 12 days.
00:03:54.820 12 days.
00:03:55.280 12 days.
00:03:55.460 Okay.
00:03:55.780 What an amazing 10 to 12 days he's had.
00:04:00.400 Speaking of peace deals, I mean, not too long ago, India and Pakistan were on nuclear war.
00:04:04.560 That ended real quickly.
00:04:06.180 Israel and Iran, who don't know what they're doing. 0.94
00:04:08.880 All of a sudden, there's a peace treaty holding.
00:04:11.960 We'll see what happens with that.
00:04:13.080 He solidified having his allies, our allies back at NATO.
00:04:17.960 Tom confirmed this.
00:04:18.840 I think they, by the next 10 years, said that they'd go from 2% to 5% on their national
00:04:25.140 defense.
00:04:25.720 Yep.
00:04:25.880 That's exactly right.
00:04:26.740 It goes back to his first term when he was yelling across the table at Germany, pay your
00:04:30.900 fair share.
00:04:31.740 Well, guess what?
00:04:32.260 Exactly.
00:04:32.680 It's happening.
00:04:33.680 Yeah.
00:04:33.920 And by the way.
00:04:34.500 China, India, the border, the NASDAQ, stock market, inflation cooling, wage growth going
00:04:41.120 higher.
00:04:41.800 Supreme Court just ruled in his favor.
00:04:43.480 Twice.
00:04:43.900 Border shutdown.
00:04:45.080 I mean, Trump just had the best two weeks.
00:04:47.000 He's maybe ever had.
00:04:47.980 And guess what?
00:04:48.340 Gas prices for, just to add, gas prices for a time low.
00:04:51.660 Peace broke up between Rwanda and the Congo, which they were trying to say that he didn't
00:04:55.180 do it.
00:04:55.460 And they also ruled the SCOTUS that he could deport illegals to third party countries.
00:04:59.580 He has been, besides the, you know, signal and noise, there's noise, but he is, the signal,
00:05:06.720 the numbers, everything is going pretty damn well for him.
00:05:11.060 And it hurts for them to report it.
00:05:12.560 And just to add one thing to Adam's list, I'm sorry.
00:05:14.580 Remember, all those Supreme Court decisions was, was...
00:05:17.800 We're going to get to that, guys.
00:05:18.540 Guys, we're going to get to that.
00:05:19.380 Guys, you guys want to do all the stories within 30 seconds.
00:05:21.700 We're going to get to that.
00:05:22.300 So hold it.
00:05:23.440 Pump the brakes, guys.
00:05:24.280 Foreplay, guys.
00:05:24.760 It takes a couple hours.
00:05:26.260 No, no, no, no, give me the reference again.
00:05:27.740 Relax.
00:05:28.080 Sorry.
00:05:28.600 I'm sorry.
00:05:28.980 It was a long weekend.
00:05:30.300 Phoebe, I just got to say this.
00:05:31.960 I'm a little excited.
00:05:32.520 I miss you guys, man.
00:05:33.500 You guys, you know, you're out there having vacation.
00:05:35.280 I'm in the studio by myself.
00:05:36.720 You're not by yourself.
00:05:37.600 You got Tom right behind you as a statue with Rocky.
00:05:39.660 Tom's over there, Rocky's over there.
00:05:40.660 Look, look, say hi to Tom's belly real quick.
00:05:42.760 Tom's on the left with the arms up.
00:05:44.520 It's disappeared, by the way.
00:05:45.760 Tom's belly has disappeared from last year to this year.
00:05:48.000 It's no longer the same.
00:05:49.000 All right, let's go to the next one.
00:05:49.600 Well, Pat, I'm just trying to say you want to get through a lot of stories and everything.
00:05:52.100 I finished my second cup of coffee.
00:05:53.100 Get him on espresso.
00:05:54.300 The range of people that follow The Future Looks Bright, it's absolutely amazing.
00:05:58.440 Seeing people in airports wearing Angry Patriot gear, Future Looks Bright gear, all over the place.
00:06:04.220 Exciting times.
00:06:05.460 And it's 4th of July.
00:06:06.700 And we love America.
00:06:07.820 And we love freedom.
00:06:08.600 And if you do as well, you love the brand, you love America, you believe in Future Looks
00:06:14.520 Bright, this is a way for you to support your brands.
00:06:16.680 This is why we don't take sponsorship money.
00:06:19.240 We do it through the businesses that we run.
00:06:21.100 And by the way, we are shameless capitalists.
00:06:23.640 We don't hide it.
00:06:24.320 We believe in capitalism.
00:06:25.740 We believe this is the way to make the money so you don't have to go in, have to be loyal
00:06:30.020 to somebody that's giving you money.
00:06:31.260 Our loyalty is to you.
00:06:32.420 We talk to you raw, open.
00:06:34.060 And if you like it, you don't like it, great.
00:06:35.560 You get to Manekles and say, Pat, I disagree with you.
00:06:37.560 I can't believe you said this.
00:06:38.880 And if you agree, great.
00:06:39.660 We talk about it as well.
00:06:41.080 So this weekend, 4th of July, we have a blowout sale up to 60%.
00:06:44.340 On top of that, we have the women's line that also came out.
00:06:48.580 Rob, if you go to the website, there's a women's line as well that we have out there.
00:06:52.020 If you go on the collection and you go to ladies' collection, ladies, you ask for it. 1.00
00:06:56.080 We now have some gear.
00:06:57.020 Another big influence of this is Jennifer David, who said, we need to get some ladies' gear. 1.00
00:07:02.140 Future looks bright.
00:07:02.840 I will also give a shout-out to Kim, because Kim's been telling me that she wears the short 0.93
00:07:06.760 sleeves when she goes golfing.
00:07:08.560 So thank Jenna and Kim for a lot of this.
00:07:11.180 So anybody that places an order over $400 of merch, myself, Vinny, and Tom will be FaceTiming
00:07:17.620 you.
00:07:17.880 And I swear to God, if anybody decides to return anything, Adam will be FaceTiming you.
00:07:21.620 Yes, that's true.
00:07:22.300 He already volunteered for that, so we appreciate Adam's support for doing that.
00:07:26.360 He's the best retention guy we have in the company.
00:07:28.820 But $400 will be FaceTiming you guys to talk to you.
00:07:31.480 Don't make me come over to your house.
00:07:32.980 And he will, buddy.
00:07:34.420 He will.
00:07:34.680 All right.
00:07:35.280 Go to vtmurch.com.
00:07:36.380 Place your order if you believe future looks bright.
00:07:39.000 Get some of the gear.
00:07:40.180 Support it everywhere you go.
00:07:41.900 If you enjoyed this video, you want to watch more videos like this, click here.
00:07:44.820 And if you want to watch the entire podcast, click here.
00:07:52.300 Bye.