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PBD Podcast

Newsom's 100% Tax Threat + $40M CIA Gold Heist

PBD Podcast

PBD Podcast

Business

4.44.1K Ratings

🗓️ 29 May 2026

⏱️ 117 minutes

🧾️ Download transcript

Summary

Patrick Bet-David, Tom Ellsworth, Adam Sosnick, and Vincent Oshana break down Gavin Newsom’s proposed 100% tax threat, the DOJ’s reported probe into E. Jean Carroll, and Peter Thiel’s decision to relocate abroad amid growing concerns over America’s future.

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Transcript

Click on a timestamp to play from that location

0:00.0

Did you ever think you would make it?

0:07.0

I said I'm so excited it tastes sweet with me

0:11.0

I know this life's meant for me.

0:14.0

Adam, what's your point?

0:15.0

The future looks bright.

0:17.0

My handshake is better than anything I ever size, right here.

0:23.0

You are one of one?

0:24.1

My son's drive there.

0:25.6

I don't think I've ever said this before.

0:31.4

What do you get it from?

0:32.2

40 million?

0:32.5

Yeah.

0:34.8

You tell me, I mean, 40 million hitting in your... Of gold.

0:36.0

Gold bars.

0:36.5

303 of those bars plus 35 Rolexes, plus $2 million in cash, plus allegedly he said he went to Clemson University and he went to a polytech school, all lies, every one of them lies, and he's a senior CIA officer. Just so you know that. Anyways, we're talking here while Tom had to run to the restroom two or three times and Adam's doing his bubbles. It's great to be with you guys on Friday. He's filling up his gas tank with his coffee. We got a lot of weird stories today to go through with you. Number one, Michael Jackson biopic. It's a story I want to cover because I'm going to share with you a part of Michael Jackson's story, I guarantee you don't know about, which is great. Maybe one of the craziest stories I read about yesterday, but the biopic officially hit $700 million, the second most successful one of all time. You know what number one is? Bohemian Rhapsody. There's some very interesting, inspiring stories and a couple

1:30.6

crazy stories where there's the division. We'll talk about that. There's this U.S. Iran deal

1:36.1

allegedly getting done, but it's not going to be done until the president signs it. But we're

1:40.8

kind of like waiting and saying, show me the baby. What are we doing? And then if we sign it without getting the uranium in Richmond, what are we doing, signing it? What's the purpose of it? It'll be a horrible thing. If they do sign it without getting the uranium, and if we don't get that, I think it's going to be a loss of a situation of negotiation. I know if any wants to talk about it for about an hour today, I said, no, we're not going to do it. By the way, Connor had a great line this morning. For those of you that like travel to space yesterday was a horrible day. But for those of you that like explosions, what a great day yesterday was for explosions. Maybe you one the greatest explosions of all time. The good news is nobody was hurt. Thank God. That's the good news. Bezos tweeted it and what I liked about it is Elon commented on it in a very positive way. He could have taken a shot at him. But I thought it was a beautiful moment of trillionaires kind of talking to each other, flirting with each other. It was a good thing. This girl named Egin Carroll. I love her. Who has a memory. He has this memory, lady, grandmother, whatever you want to say. This Eugen Carroll came out and she said she forgot who funded it. Oh, really? And you have the document to show it, if I'm not mistaken. Yeah, a guy gave it to rock.

2:51.0

I don't know how you guys have that relationship, but it's a unique relationship.

2:54.0

You and Gene Carroll?

2:55.0

Got it like that.

2:55.8

Gavin Newsom, yesterday I'm in Dallas at an event.

...

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