---
title: 'Stock Market Drama, Trump, Fed, and Bank Earnings Drop'
source: 'https://youtube.com/watch?v=r40RSP2Hq40'
video_id: 'r40RSP2Hq40'
date: 2026-07-28
duration_sec: 8110
---

# Stock Market Drama, Trump, Fed, and Bank Earnings Drop

> Source: [Stock Market Drama, Trump, Fed, and Bank Earnings Drop](https://youtube.com/watch?v=r40RSP2Hq40)

## Summary

This live stream covers stock market movements, political drama involving Trump's criticism of Attorney General Pam Bondi and the Fed's Jerome Powell, and a detailed analysis of a proposed Republican reconciliation bill (MEGA bill 2.0). The host, Kevin, provides commentary on market movers like JP Morgan, Roblox, and Netflix, then dives into policy proposals that could impact housing, stocks, and taxes.

### Key Points

- **Market Open Movers** [00:18] — Roblox and ADA Center up over 5%, while banking sector (JP Morgan) dips from all-time highs due to diverging uptrend.
- **Trump Criticizes Pam Bondi** [02:15] — Trump complains Bondi is weak and ineffective, frustrated with slow pace of prosecutions against his perceived enemies. This is seen as a tool to weaken attacks on Fed Chair Powell.
- **CPI Report Analysis** [08:01] — December CPI came in at expectations; airfare up 5.2%, owner's equivalent rent still at 0.3% despite softening rents. Core components rose but overall not terrible.
- **Iran Protest and Oil Tanker Seizure Op-Ed** [11:13] — Op-ed suggests seizing Iranian oil tankers to cut off regime revenue, bypassing Congress. The host agrees and notes oil breaching $65 on concerns of strikes.
- **Robin Hood Gold Card Reverse Discrimination Theory** [18:49] — The host speculates Robin Hood may give the 3% unlimited cashback card only to low spenders to control costs, using credit bureau data to assess spending habits.
- **Iran Military Readiness** [44:38] — Iran's foreign minister claims readiness for US military option, but host doubts they are prepared for B2 bombers. Starlink jamming and protests continue.
- **Republican Mega Bill 2.0 Overview** [55:43] — A Republican Study Committee proposal called "Making the American Dream Affordable Again" includes zero-down FHA loans, mortgage portability, and elimination of capital gains tax on sales to first-time buyers and tenants.
- **Inflation-Adjusted Capital Gains Taxation** [01:34:35] — Proposal to adjust capital gains for inflation when selling assets like stocks or real estate. This could reduce taxable gains by 20-30% over 10 years, hugely bullish for long-term holders.
- **Home Savings Accounts and Tax-Free Renovation** [01:55:40] — Proposed tax-free savings accounts for home purchases, and a "Ready Account" for disaster mitigation that could be used for tax-free home renovations.
- **Apprenticeship and Business Tax Credits** [02:12:05] — Tax-free contributions for education and business start-ups, plus credits for hiring from specific groups (ex-felons, welfare recipients). Could incentivize hiring and entrepreneurship.

### Conclusion

The video mixes market commentary with a deep dive into a sweeping Republican policy proposal that the host believes could be a massive stimulus for stocks, real estate, and wealthy individuals. While the proposal is not law, it signals potential policy directions under Trump if Republicans win again.

## Transcript

here we go. Here we go. Another day, another dollar in the stock market. What do we have today? In addition to the taco of yesterday, we've got the Roblox taco of yesterday, we've got the Roblox for some reason up of the ADA center and
figure up 5.23%. Pretty wild honestly some of these moves here. Although the banking sector unfortunately taking a little bit of a poopy dupy. Uh we'll talk about that in just a moment though. You know, we've
kind of been watching JP Morgan kind of rocket to this all-time high over here rocket to this all-time high over here in this uh diverging uptrend, suggesting, you know, a technical down uh you know, movement to the downside
here was was very likely. Uh and so we're seeing some of that manifest now. what uh what the some of the notes are here on Roblox. Roblox two report fourth quarter results Feb 5. So it really
doesn't tell us anything here. Yeah, looks like we've just uh I guess there's looks like we've just uh I guess there's just been too much selling suggesting uh it's finally time to go shopping at Roblox. It's actually sort of a perfect
through a little bit, but we've got a retrace a retracement level here at about 7568. We can see a little bit of a uh uh move here uh back up off the line. Let's take a peek at uh what the goodies are for
a peek at uh what the goodies are for the day in the world of news. We did the day in the world of news. We did [snorts] start with uh Taco on the uh uh Powell situation based on Donald Trump's distancing himself from uh Bondi uh as
well as uh warnings from bankers. But let's go pull up the Bondi article and detail. uh Trump. This comes right after the attack against Powell. So essentially right
afterwards, you know, you get the green light to dump this this complaint about Pam Bondi, which is very interesting. Uh, President Trump has complained to AIDS recently about Pam Bondi, describing her as weak
and ineffective uh, and a weak and ineffective enforcer of his agenda. The criticisms appear to be part of an intense campaign by Trump to pressure the Justice Department to more aggressively pursue his priorities.
Some officials said Trump has previously criticized Bondi, but his vocal concerns about his attorney general have grown more frequent
I need some tea. If only I could spawn in some tea. Oh, what's that I hear? Oh, I think that's a coffee cup. Oh, wait. What's that? A tea bag. Oh, let's try
this. Oh yeah, look at that. Isn't that fancy? $70 worth of Amazon purchases.
[laughter] Uh well, the little cook cooker. [laughter] I think it's kind of cool. Uh anyway, now I'm steeping tea. All right. So, uh, this month Trump had,
appoint special counsel at the Justice Department. He is so frustrated with what he sees as slow progress of his work. I I don't think he realizes that legal work is very, very slow. He should know that. I He's probably one of the
know that. I He's probably one of the most experienced litigants. uh chief amongst his grievances is what he sees as Pon Bonnie's failure to quickly and effectively prosecute and investigators who had been pursuing him.
Uh so so what Donald Trump said he wouldn't do, he's frustrated about how slow it's going to go after Comey and Leticia James. Yeah. Uh both criminal cases were dismissed. Trump wanted to see that cases continue. Justice
Department investigation into another of Trump's antagonist, Powell, became public Sunday night. Powell, whom Trump has repeatedly bered, pressure to lower rates, disclosed the Justice Department was pursuing a criminal investigation
over his testimony last summer. Trump has also complained frequently about Bondi's handling of the Epstein files, right? That's a lot on Bondie's desk. Or should I say nothing on Bondie's desk cuz there are no files. What files? Uh,
going to release all of them. We're just going to use black highlighter over a bunch of them. [laughter] Uh, conservative activists and Uh, conservative activists and influencers criticizing Bondi,
blah blah blah. Trump at times complained to Bondi directly about has grown concerned over the past month about Trump's complaints. Uh, in a afternoon, Trump said, "Pam's doing an excellent job. She's been a friend for
excellent job. She's been a friend for many years. Radical left say she's not." uh White House sent memos, full support, blah blah blah, grand jury subpoenas, blahy blahy blahy. Yeah. So, in my opinion, a lot of this
opinion, a lot of this is just a tool to weaken uh the attack against uh Powell. I like, look at this. She's ineffective because she has no probable cause for any of these unconstitutional indictments. Ooh,
Heg Seth would be first under the bus." Nah, he's driving the bus. Uh, this is every crooked deplorable thing he's asked, completely debased herself of every last shred of decency and integrity, and yet because he's an idiot
who doesn't understand you can't just make up charges and get convictions, he's going to kick her to the curb. This is foreshadowing what's to come of all is foreshadowing what's to come of all of these morally bankrupt Yahoos.
I love reading the comment section of this. [laughter] this. [laughter] Uh dogs [laughter] deploying lawfare at his whim to silence
opposition that he thinks isn't enough is baffling and troubling. shocking Trump would promote someone shocking Trump would promote someone then promptly turn on them.
He's not satisfied with Pam Bondi, the very epitome of a bootlicker who's always eager to obey his every wish. Who could possibly be more accommodating? could possibly be more accommodating? What a puzzle. [laughter]
Was it worth it, Pam? Oh, tough life. You abandon all dignity and principles to pursue politically based cases driven by Trump's desire for revenge. But just because courts still insist on the rule of law, Trump blames you for not
delivering quick results. For for this and other slights, you thank him, but it doesn't help. Trump and Bondi deserve each other. [laughter] clouds, upset that Attorney General isn't moving fast enough to indict the
isn't moving fast enough to indict the clouds for stealing the 2020 election. Oh man, this is hilarious. Uh, all right. All right, enough of you know, but that's that's enough entertainment.
morning, you did have a little bit of uh complaining about Powell, which is good. I want to see if we have a relaxation at all in the
uh bond market. Not really. you know, you had you had a you know, okay CPI report this morning. Uh some core components did rise, but um you know, it wasn't terrible. I mean, let's go let's go pull
it. CPI uh inflation report. uh inflation report. Uh let's see here.
starting at the bottom of them. Okay. Usually, they just link these other tables. That's a little confusing.
rid of all the links. Well, that's annoying. links and they just put everything on the same page. I like the links. All
right, fine. This is This is by category for December. Okay, we'll just look at the summary then. Uh, wow. Airfare is up 5.2%.
Uh, that's quite a lot in December. Transportation services broadly were Transportation services broadly were down 1.3. Owner's equivalent rent, see this right here? The fact that it's still at.3 is mind-blowing to me. Uh
because you know rents are nationwide softening. Quite remarkable. Yeah. You know, it's interesting. You keep seeing all these new like rent control policies and ideas and all it
really does is crimp your supply and it just makes the situation worse. But you know, whatever. So, uh what else have we here? Education.8.
subscription of rental video and video games. Oh, cuz Microsoft hiked prices. That I wonder if that's their basket because they hiked like Xbox Live prices. I just like went in and cancelled. I'm
like, I don't play this anyway right now. So, uh Oh, yeah. And the word, which I don't use anyway. Well, sometimes people send us a word dog, but I just put it into pages. Now, let's see here. Well, like I'm going to vote. I'm
going to vote by not paying. Uh anyway, yeah, I mean, broadly, the CPI report this morning wasn't terribly exciting. Uh it was pretty much ad expectations. Uh a little bit of a miss
on the one of the month over months, but nothing nothing incredible here. Uh but, uh if we look at the yield curve, we're we're still bobbing around the sixes we're still bobbing around the sixes here. This whole Powell drama did uh did
which was unfortunate because we were on a really good downtrend post the jobs report. You know, this was the downtrend post jobs and you had to push it back post jobs and you had to push it back up. Crazy.
How Trump makes good on his Iran threat. Let's take a look at this. Washington is locked and loaded if the regime slaughters peaceful protesters.
The regime is calling its bluff. Well, I think we're now way past 42, Dad. I think uh substantially more. Uh what broker do you recommend for UGMA accounts for kids? I've never tried Schwab, but Fidelity has been great.
They make it very easy to open the accounts. Uh, and I usually use UTMAS, the Transfer to Miners Act. It's the same thing though, really. Uh, a little bit of a difference, but you know, gift
limits versus income, right? Whatever. Uh, Trump has proved he isn't Barack Obama on Iran policy. Trump withdrew from the agreement. This is this this is an editorial, isn't it? Oh, yeah. This is an editorial by these
people. I don't know who these people are. Senior anal Iran on analyst for some think tank in Washington.
think tank in Washington. Okay. Along with his homie say Gosh Mine Okay. Along with his homie say Gosh Mine Jod.
All right. So seized vessels would be the first warning shot warning shot while denying revenue.
confidence. Uh here stunning military operation power but the Islamic Republic might still be gambling that White House will sit out. Trump can change this impression by targeting the
change this impression by targeting the regime's economic arteries people. Iran is under severe economic strain. around the regime have spread nationwide. Now, Toronto exports more
than $2 billion of oil a day, which generate revenues to fund the proxies.
weak and they're they're basically egging Iran on. Now, this company, these people, they're uh non-prololiferation people. So, I think they're really secretly nervous about Iran getting a nuclear weapon. Whether they say it or
not, I think that's where their bias is. But I also think that's fair. That was the nuclear deal talk. Oppress advance. Oh, yeah. Okay. Well, here they do the ballistic missile and and nuclear program.
Seizing tankers wouldn't require Congress. Congress. We know the ship where the ships are.
Every tanker seized is a victory for the opposition paramilitaries or Shiite foreign legion to shoot citizens indefinitely. When the
regime's income evaporates, so will the loyalty of its security forces. I mean, honestly, I think it's a good point. I'm curious to see what people point. I'm curious to see what people are saying about it.
unmitigated disaster which is okay. Democrats are looking at such failures. It's embarrassing for them. Willing to defend desperates in order to oppo be opposed to Trump. I hope the public is paying attention. Theocracy fails in
Iran. Those BT B2 strikes will look even better. Great opinion piece. Cut off the better. Great opinion piece. Cut off the Iranian thugs at the knees.
conservative newspaper because a lot of the comments are actually typically in favor of of Trump uh and Republicans and anti-democrats, but they also recognize that there's this duality where like you could like
some of what Trump does, but you could hate the sort of like, you know, some of the nonsense with uh the retribution in the in the DOJ. J. Somewhat interesting. Target stores become ice battleground. Oh, do they buy while they're at Target?
Is this is this a catalyst? Holy smokes.
has descended onto the store parking lots of Target.
released. Two American citizens were arrested.
coming in. I mean, it's open to the public, so even though it's private property, it's it's hard to say. You know, UK come in.
Home Depot's having to deal with it. Walmart hasn't commented. Walmart hasn't commented. Wild. See what the comments are on this.
the video of ICE dragging this 17-year-old into their van, then the subsequent video of him after they dumped him off bloodied and terrified should be shown at every news station. Well, I haven't seen that.
on. All right, lawfare. All right, lawfare. Uh, let's see here
JP Morgan says they need to rebuild the stack, the tech stack for the Apple stack, the tech stack for the Apple Card, it, but I hate JP Morgan, so I'm I'm
disappointed, but might be the end of the Apple Card for might be the end of the Apple Card for me. Uh, so aren't big enough to put up for sale. Apple is finicky about details and
Apple is finicky about details and control. Oh, by the way, I have a very jaded opinion about the Robin Hood gold card.
Um, correct me if I'm wrong. like tell me what you think about this. But I kind me what you think about this. But I kind of think
[clears throat] it's accurate or not their assumption to people whom they assume are not going to spend a lot. Like think about it. If somebody spends
$300,000 a year on credit cards, the Robin Hood Gold card is going to be damn expensive for Robin Hood. So, just put that high spender on the wait list and then take somebody who's going to spend $15,000 on their credit card in a year.
Give them the gold card to pitch how great it is, the 3% back. I wouldn't be surprised if there's that sort of like reverse income discrimination going on there. That would be very interesting. So, I wonder if the credit bureaus do
So, I wonder if the credit bureaus do that? Uh, do credit bureaus um share uh spending information? That would be yes. Uh, yeah. Yeah. Yeah.
Look at this. The credit bureaus share a lot of financial information including spending behavior, loan payments, credit utilization reported by lenders. Not you get, you know, overall amounts, right? So, like they already know when
they do a credit check, uh, you know, rewards?" Well, because of the branding, right? So, branding wise, Robin Hood could literally just say, "We give unlimited 3%." Which they do, but then
they only give the card to people they assume, whether it's true or not, their assumption, are going to be low spenders. So then the costs of the card program stay low and the high spenders don't ever get the card. [laughter]
That's evil. Uh so so and I don't think it I don't see that's why I think it doesn't matter how much money you have in Robin Hood. Hood or you could have 10 grand in Robin Hood. I don't think they care about how
much money you have. I think they care about how much you're spending. It's about how much you're spending. It's kind of brilliant. Uh, [clears throat] kind of brilliant. Uh, [clears throat] so all right. What else do we It's It's
so all right. What else do we It's It's a jaded thought I have. the Robin Hood card, but I spend like Graham Stefen." Let's go. That's funny. That's funny. Yeah. I mean, that's a good way to live, you
know, frugality. Uh, okay. So,
Yeah. On Greenland, I actually don't think that you need to buy Greenland. I think Trump will just end up leasing part of it.
own it. Oh, Trump's different. Yeah. I don't know if I believe that. we don't do it, China or Russia will. So, I disagree with that. I think
they'll end up with a lease cuz you can't always like some of Donald Trump's some of this is negotiating, right? I argue that this is just negotiating. So if Trump think about this,
let's write it down. If Trump says he doesn't want a lease, it might make them sweeten the pot for leasing make them sweeten the pot for leasing it, right? It's just negotiating.
Uh so I that's why I think and maintain that a leasing option is likely to that a leasing option is likely to happen.
department of DoD manages 128 foreign bases in 51 countries. Yeah. In almost all cases, land is provided under bilateral agreements without
charges for the land. Makes sense. Host countries generally permit the US to build and operate facilities. We don't need ownership. Yeah, I agree with that.
guys could, you know, park your military at this corner or whatever. Like they benefit too. You know, you put all the humans there. It's like GDP.
to expanding the US footprint on Greenland. Yeah, like I think you could easily make a deal. Danish ship, man. That thing looks so good. That That looks awesome. This ship smaller, but it still looks sick.
What else? Paramount Pentagon investing 1 billion in L3 Harris. Rocket motor business. Wow, that's cool.
Rocket motor business. Wow, that's cool. Yeah, we need more rocket motors. Open AI set to run Super Bowl ad. I freaking knew it. Advertising is the freaking knew it. Advertising is the next frontier. I'm telling you, man.
ad for the second straight year, escalating the battle for users. That's the next frontier advertising. It's why I love this this Netflix selloff. Honestly, I love uh where is
it? Where is it? Where is it? Where is it? 89 bucks. Bro, it's such a juicy selloff. What are they selling for right now? now? I got to stop using my iPad as a
uh coaster and start using it as an iPad. You know that that might be smart. Okay, let's pop this open. Let's go find out here. Uh,
So, uh, let's see here. uh, let's see here. Uh, stock tab. Netflix.
All right. 1.62 peg, dude. 1.62 peg. Remember, like you could go through all of these if you're could go through all of these if you're a member in the uh um alpha membership.
We uh we also just updated the app. So whether you you have the app and you pay or not, there is an app update out. Uh highly encourage you all get the app highly encourage you all get the app update. Some bug fixes and upgrades.
We're big fans of that. So, uh, make sure you go update the app. But anyway, uh, yeah, I think it's it's fantastic. This is, uh, this is cheap, right? If you look at 1.6 peg divided by 66 divided by 2.67,
peg divided by 66 divided by 2.67, it's 38% below where it should be, which The problem is it's just on a horrible downtrend. So, that downtrend can keep going for a while. That not being a surprise.
Uh, okay. So, now let's go see here.
$8 million now for 30 seconds. It used to be a mill back in the back in my day.
Do I think silver will hit 100 this year? That's possible. You know, that's a great psychological point. You know, MP material had major issues at $100, uh, which was a pretty easy call. Uh, but um,
yeah, I mean, I don't buy precious metals or commodities. That's just not my world. Uh, but I love the, you know, to me what they're sending you signals of, you know, this gold and silver move here.
They're sending you signals of concerns about debt and concerns about tampering with the Fed and concerns about inflation. I think all of those concerns will fade. Uh, unfortunately, when those concerns fade, the uh the value of these
can fall dramatically and rapidly. I'm not saying, oh, sell your gold and silver now. I'm just saying they're not they're not a 10-year bet for me. They they're not a 10-year bet for me. They they go in cycles, ups and downs.
they go in cycles, ups and downs. All right, let's see here. Like, you know, the stocks that I like are stocks that I think are 10 baggers in in 10 years, you know, so they don't have to be big movers in the next 6
months. In fact, I'd prefer they're not big movers in the next 6 months, you I survive a recession if we have one and then come out like a flaming rocket ship on the other side. That's the kind of
stuff I like. Or if you don't have a recession, you know, then then they still go on the path of growth. Blah blah. Okay, that's on the card. That's fine. All right, let's go to let's go to some of the others like
let's go to some of the others like let's go check out the info. Google goes electric to get quick data center approval.
data centers that supply some of their own power. own power. Fair argument. Open AAI agrees to buy AI healthcare app for about 100 mil. 100 mil. That's less
for about 100 mil. 100 mil. That's less than house hack is worth to buy torch a than house hack is worth to buy torch a one-year-old AI app. Wow. Okay. In equity though. Wait, so they're getting paid in Open AI shares? Oh, I
hate that. I don't want to get paid in Open AI shares. analyze their health data from companies like uh Kaiser.
million now. Oh, $60 million now. the rest in equity to retain employees. I mean, that's okay. It's like a 60/40 split. okay. It's like a 60/40 split. That's more reasonable.
plans to offer personalized healthcare assistant in GPT that analyzes medical And do they really need to buy this company to do that? Like, couldn't they already do that? Oh, but it's from systems like Kaiser,
medical scanning firms like Prouvo and apps that track physical activities like just gives them a a head start is probably what they're thinking of. Hence probably what they're thinking of. Hence why the valuation maybe isn't um that
why the valuation maybe isn't um that substantial. Uh yeah. Okay.
You know, Nvidia's been doing a lot of these as well, and these acquisitions, but uh it just doesn't seem like Nvidia's stock has really been pushing. Let me see really quickly. Nvidia, a hardware sector has just been Yeah, it's
been a little bit more stuck. You see this? Look at that. Nvidia's really been stuck since July. just the hardware cycle is a little bit it's gonna take more to really get people excited over here I think. Um not
a horrible surprise. Okay, good. Let's keep going. So
few words GMA TMA well again one is transfer income one is gift. So, one's going to be subject to gift taxes, you know, uh once you gift more than like know, uh once you gift more than like what 18,000 17,000 a year or whatever
what 18,000 17,000 a year or whatever and the other one's not uh because the child pays income. That's a very simplified answer, but Google should take a note of meta savvy hiring. Meta considers doubling Rayban's
hiring. Meta considers doubling Rayban's glass production. Yeah. Uh possibility of doubling production this year. production to 20 mill. I mean, I love the Meta glasses. I mean, you all know
I've shilled them a million times. Uh, and and you know, there will be competitors and I can't wait for there to be competition. Uh, and I don't like the ones with the screen.
Uh, you know, I thought they were just more annoying. To me, the whole point is just filming my family without, you know, a computer monitor in my face. So, I didn't get those. I returned them. I sent them back. Sent them back where
sent them back. Sent them back where they came from. We don't want them here. [laughter] Sounds too Trumpian. Um, all right. Did I do this right? Yes. Okay, cool. There we go. Sorry. Get that
Okay, cool. There we go. Sorry. Get that out of the way right there. So, [snorts] what else? uh building out his vision of the metaverse which was [ __ ] European Iowa glass company has been
effective and they purchased a small stake in the company. H I got to write that down. I do think that's interesting.
today meta doubling doubling uh potentially meta doubling doubling uh potentially meta glasses production uh my opinion uh
bullish AI glasses uh will create more competition right have Meta saying, "We're going to double our plans to do this." A lot more people are
going to want to get into these glasses. I I I love it. I think it's fantastic. Like, I want to make AI glasses for real estate, you know? Like, as you walk through it, how cool would that be? You could see like red flag, green flag,
right? That'd be sick. We could get there with our uh real estate AI because we know what we're doing anyway. Uh
JP Morgan is starting to see home lending business as home buyers start to benefit from lower mortgage rates. Remember that the big four are limited with how many loans and how good of loans I feel like they can give you.
surprised by quality as well. So, make sure you shop these puppies against uh loan brokers as well. Like the big four usually suck you've got some kind of like special perks with them or whatever, but I would
certainly shop them. Don't assume that because they're Wells City, JP Morgan, or Bank of America, they're going to be the best lender. Uh I I would be much mortgage loan originator just by going to Yelp. you know, go to Yelp, type in
MLO, mortgage loan originator, and and make some phone calls, get some other quotes if you're going to do this. I do think we'll have a refinance cycle here. Uh, and this will just be like phase one. It's early.
Uh, pretty busy day in home lending on the back of what happened in the mortgage market. Maybe we'll actually start to see some pickup there. Wow. A whole article for a oneliner.
Bloomberg must be bored. Did you see Apple has a new subscription for Final Cut and Logic and putting AI into Keynote? No, I didn't see that.
into Keynote? No, I didn't see that. Let's go look at that. Uh, what versions of the Gaza? I have uh one the Ray-B bands, two the Oakleys, I
think the Wayfares, and then I have the uh the sport ones for skiing. I freaking love those things. Uh okay, so let me go to
Apple now as part of Apple's creator subscription. The hell is that? Two hours ago. Oh, what do we got here?
Starting on my birthday. How cute. What is all this crap? I haven't seen so many is all this crap? I haven't seen so many of these icons.
want to create. Craft stories with video in Final Cut. Reimagine images in Pixelmator Pro. Produce your best music in Logic Pro. Supercharge productivity with premium keynote pages and numbers. Oh, they're putting AI
basically into it all. Wow, dude. Apple's first AI product like that Apple's first AI product like that they're selling. That's exciting. That's actually really exciting. Good for them. I wonder what like if they'll
for them. I wonder what like if they'll be any good. captivating videos. Whatever. Everyone edit images and create striking images. Whatever. What is this? Music
Wow. Well, I wonder I'd love to know like what they'll actually have.
climbing stairs in. Oh, that's kind of interesting. uh for larger projects.
Beat detection. Align clips more effortlessly. Okay. I a long time ago. Quickly batch export files that are optimized for any screen.
files that are optimized for any screen. Okay. Uh, I mean, Apple is really good at having these like really sexy demo pages and then it's like, all right, this is like
we'll see. But that's really interesting. Thanks for pointing that out. We were looking at uh very briefly uh Caterpillar this morning in the course member live stream for the alpha report
and uh you know it's actually fairly valued
is incompetent or crooked. Wow. Fussy. Wow. Fussy. All right.
Either incompetent or crooked. Well, he was tacoing yesterday. Dramatic escalation, but the move closed over the weekend came with blowback.
pledged to oppose all Fed nominations until the matter is resolved. blah. Okay. Yeah, we know. Old news next.
to fight the 10%. We saw that doubling the glasses output. That's cool. really means. Sale of new homes hold close to fastest
Sale of new homes hold close to fastest pace since 2023. boosting returns. Yeah, I think a lot of people are uh loving the yields of the
mortgage market. I'm seeing this more and more uh in the secondary market where people are like I want this. I want the yield from from mortgages secured against you know American real estate. Train America real estate.
blah blah. All right. Whatever. That's boring. Let's go check out the FT. Let's boring. Let's go check out the FT. Let's go see if the FT has any juice for us. go see if the FT has any juice for us. We need some juice.
All right. Send that in. Okay. Did I do it? Yeah, that's good. All right. Cool. it? Yeah, that's good. All right. Cool. Stupid. This like little thing I have to send off. Okay, there. I did it. Is it done? Yeah.
Okay, good. Trump says help is on the way for Iranian protesters. Okay. Well, let's see. Uh, help is on the way as he urged them to take over the country's institutions. In a post on Tuesday, the US president
added that he canled all meetings uh with Iranians. I don't think there uh with Iranians. I don't think there were any meetings. you know, after they bombed Iran, they said that they would talk to Iran, but they never have. So,
it's kind of like no meeting ever happened anyway. So, I don't really know happened anyway. So, I don't really know what they're smoking here. Uh, what they're smoking here. Uh, but anyway.
So, what else then? Iranian patriots, keep protesting. Take over your institutions. Save the names of the killers and abusers. They will pay a big price. Help is on the
will pay a big price. Help is on the way. I mean, that's kind of cool. intervene militarily, right? And we just saw the article about seizing uh oil saw the article about seizing uh oil tankers, which uh we think is a uh a
tankers, which uh we think is a uh a good idea. I actually agree with it. 500 men killed, including dozens of members of security forces. Yeah, it wouldn't surprise me uh that the numbers are really understated. You know,
they're they're making it so hard to get um to get footage out, to get information out, the internet blackout, the out, the internet blackout, the Starlink, you know, jamming. It's crazy.
Trump said the US military is looking at taking actions on Iran, looking at some very strong options. Tran started to cross this red line with a crackdown on protesters. Oil breached 65 for the first time since November on
65 for the first time since November on concerns about potential strikes. Yep. Go take a peek at that cuz oil was really falling there for quite a while. Oil. Yeah. Wow.
quite a while. Oil. Yeah. Wow. 6580 now on the international blend and 6580 now on the international blend and western blends at 61 uh 34. western blends at 61 uh 34. Let's go see what Alazer has worth.
protesting. UN rights vulkar Turk said he's UN rights vulkar Turk said he's horrified by violence in Iran. Iran's foreign minister tells Al Jazzer, "If Washington wants to test the
military option it has tested before, we're ready for it. basically saying they're ready for the B2 bombers. Yeah, you know, part of me really doubts that they're ready for it. Nice saber rattling. Tens of thousands
the streets to show off force. Weeks of deadly protests continue.
Death toll is higher. Alazer can't verify. Trump ends it with mega. Make Iran great again. Mega. Yeah. I I don't know if
that one's going to stick, man. Mega just it doesn't have a good rhyme to it, just it doesn't have a good rhyme to it, you know?
that Iran wants to negotiate. According to the press secretary, Carolyn Levit, that's the preferred option. And they've been strung along forever, though, man. It's time for some balls. Some Jerome Powell balls.
You guys seen the photo of the Jerome Powell balls?
There we go. Leaked footage of [laughter] It's so stupid, but it's great. Honestly, you got to love it. Uh, all right. Let's get that off the screen after I bookmark
it. Let's save it for later. Okay. Uh, more capable now than during Okay. Uh, more capable now than during the 12-day war.
currently considering very strong options for punishing Iran.
Yeah. Ulsa Vanderelan. Casualties in Iran are horrifying. No response from Iran to Trump's statement.
They warn of organized killing. Wow. silence, and erase. That's terrible. We should write some of this down just to
should write some of this down just to organize this a little bit. Um, so Iran kill in silence and then erase.
kill in silence and then erase. uh Shiran Ibadi. Uh this is organized killing carried out
under internet blackouts. We've got Starlink getting jammed, We've got Starlink getting jammed, jammed and seized. Iran says the 12-day jammed and seized. Iran says the 12-day war was unique and they're now ready
war was unique and they're now ready uh for the US. uh I'll just say White House press suggests suggests um negotiating
um negotiating is the preferred Iranian strategy. editorial board. No, not the editorial board. You had who was it? The the op-ed pushing for seizing tankers. Kind of
agreed with that. Where was it? Where was it? That was Bondi.
Yeah, there it is. Iran is hunting down Starlink users. But there's the editorial board. Oh, we should see what they're saying.
Um, Washington think tanks. Washington think tanks. think tanks. think tank uh suggests Trump should
seize oil tankers to uh bankrupt the regime, right? Oops. That's this article. And then, you know, I'm going to be clear about my
note here that after the after the uh after operation midnight hammer, uh Trump said the Iranians
uh would talk with us um next week. Nothing ever happened. Nothing ever happened as far as you know we're aware, happened as far as you know we're aware, right? Nothing ever happened. So the
right? Nothing ever happened. So the idea of talking now seems broken. Okay. Oh, where was that Starling piece?
Iranians are using Starlink to share protest videos despite government protest videos despite government jamming efforts.
Users are being hunted. Wow. Wow.
That's wild. Okay. Uh, confiscated dishes, Uh, confiscated dishes, electronic warfare.
Uh, video from the streets is one way of getting information out about the scale been killed according to the human rights activists in Iran. Again, people think this could be as much as thousands now. It's terrible. Uh, Iran shut down
Government has called for made it difficult to connect calls or text difficult to connect calls or text messages. Wow, it's crazy. messages. Wow, it's crazy. To get uh to send call or to make calls
to send texts. Make calls. [snorts] Unless you're whitelisted. You're the kiddos here.
Unless you're on a government white list. That's very interesting.
Footage. user in Tan spoke to the Wall Street Journal through a Starling protest videos by relatives, sent them to third parties abroad who post them on to third parties abroad who post them on social media.
trust," he said over his crackling and distorted he said over his crackling and distorted Starling connection.
this is a mess. You can get a good connection often in the morning or midday. They transmit as many videos as they can. Oh yeah. Starling terminals are illegal in Iran and have been smuggled in. Wow. From
and have been smuggled in. Wow. From Dubai. Uh terminals Dubai. Uh terminals are illegal.
Dubai. That's interesting. nonprofits are sending them in. Good business, I guess, for SpaceX. They're
business, I guess, for SpaceX. They're kind of doing a great thing. Giving people access to free communication, you know. This is wild.
Oh, this is a cool infographic. Full timeline. neat. Yeah, look at this. A timeline of
Yeah, look at this. A timeline of crisis. leader of the revolutionary guards is assassinated Iraq in a US drone strike. Israel bombs Iran's embassy in Damascus.
The helicopter mysteriously crashed in the fog. I remember that Hamas chief assassinated while in Thran. That was the the building somebody
That was the the building somebody planted a bomb in there.
what else do we have out there. Powell isn't flinching. Well, we know mega bill. Trump war. Ooh, Republicans have some ideas in a mega bill. What are they some ideas in a mega bill. What are they going to put in it? Let's go see here.
New partyline Republican policy bill that will slash the cost of housing and healthcare. Let's see how they're going to try to do that. The Dawn payment instead of a down payment. Zero to lowcost home option for home buyer.
Really? Zero down. Oh, let's just lower the down payment. Reconciliation bill. I wasn't expecting this was just going to open some random Google Drive. It feels like a virus. Let's download it. It's political. I'm
Let's download it. It's political. I'm okay with political. All right. Let's see here.
Ah, this is interesting.
a framework for the next reconciliation bill housing, selling off underutilized government buildings and enabling the free market. I like the sound of that.
market to do this? Lower drug prices, reduce energy costs, rebuild. Okay, let's see how they would do it. This is interesting.
bill and doing so enacted one of the largest transformational blah blah blah. Okay, so what about now? We must build on this momentum. The congressional permits an additional reconciliation bill. Thanks so much. Oh, that's a lot.
That's fine. Thanks. uh must rebuild on this momentum permits additional reconciliation bills. That's true. You can get up to three typically.
Usually you get three per session. I can't remember if it's procession or year,
but you could play with this. So this is true. The point is 51 votes through reconciliation. They need to hurry up and do it to They need to hurry up and do it to prevent
Right? So they actually can still pass legislation. And if that legislation is legislation. And if that legislation is branded around affordability, uh it could it could work this year. Think one big beautiful bill 2.0. Yeah,
because they know they're not going to get anything done the next two years.
Immediately begin developing the next recon bill. All right. What do they want to put in it? I want to see it.
point stuff. Here we go. Making the American dream affordable again. The conservative framework for the next reconciliation bill. Create the Dawn payment program. [laughter]
Dude, I like Trump getting all this branding. They know how to stroke this guy so well, man. Sunny says, "You doing anything for your birthday, King, Kevin?" Well, I ain't no king. Uh, I'm more of like a a popper,
king. Uh, I'm more of like a a popper, but um yeah, bro. I'm going go to Disney World. [laughter] Uh I'm pretty excited about
All right. All right. Zero to low down payment option through FHA. I mean, we already have 3.5% with FHA,
which are great. No down payment, no closing costs.
maybe uh you know maybe um the lending industry won't like that. um the lending industry won't like that. They like new loans obviously, They like new loans obviously, but I think it's reasonable.
um but would probably face appraisal hurdles, right? Because you have to the lender has to be okay with it. What this actually does, Ooh,
you want to hear big business? I just realized what this actually does blows up second lean uh um opportunities.
uh think you know figure stock or or honestly what we want to do with house honestly what we want to do with house hack uh or house hack house hack like basically if you're going to port your old mortgage but you're buying a bigger
property you're going to want a second loan sure at a higher rate but you're going to want a second loan to get a little bit more access to capital
isn't this how we go back to ninja loans Not really. As long as you still have people with the ability to repay. day was part of Ninja's no income, no job, no assets, right?
the down payment is if people can make the payment. that you should buy a property with 0% down. But I mean, if you make, you know,
as a couple $30,000 a month, I'm just being extreme here, and you have a mortgage that's four grand a month or five grand a month, who cares how much money you put down. You see what I'm saying? Like, that's not that's not a
saying? Like, that's not that's not a bad loan. Uh, I'll I'll make a little bad loan. Uh, I'll I'll make a little note of that. You know, uh, DTI matters
uh much more than down payment. That's my take. Bottleneck is urban low air control. What the hell does that mean?
Kevin's vacation to Disney is not priced in. We got to sell, guys. Oh no.
and it's actually really hard to get the FHA loans they're more expensive um they have you know minimum PMI requirements actually I think with FHA it's called MIP you know MIP
for FHA is expensive so they're not really that expensive or accessible you know 0% is really only VA so you don't really have a 0% down so you don't really have a 0% down option right now.
lease underutilized federal properties. That's fine.
Basically, convert them. I'm okay with that. as long as there are no deed restrictions.
Eliminate capital gains tax on sale of homes to first-time home buyers. What? And sales of rental homes to tenants. Holy smokes, bro. You know how tenants. Holy smokes, bro. You know how much money that would be? Oh my god. Oh,
much money that would be? Oh my god. Oh, talk about stimulus in my butt. Oh, no capital gains if you sell a rental home to a tenant, bro. House Zack Moon, home to a tenant, bro. House Zack Moon, baby. [laughter]
Yes, please. [laughter] Bro, that would save like 30 freaking%. Bro, that would save like 30 freaking%. uh us 30% [laughter] uh us 30% [laughter] uh well federal so at least 21%.
Um I'll say 230%. You know dependent on uh that's CC Corp right?
um 20 to well 15 to 55% for single people or or or for individuals. individuals. Uh huge for flips by the way.
place, rent it out, and then sell it that year. Oh my gosh, dude. Dude, that is money. Uh,
difference as there's already a $500,000 exemption on gains. That means nothing for real, bro. YOU ARE WRONG." WHAT the hell? You come
here and spew wrongness. Let me educate you. Wait, I don't think you get the full effect when I have the filter on.
couple filing jointly for a sale of their own home and it can only realistically be done once every 2 years. That's not what the document years. That's not what the document says. The document says the sale to
says. The document says the sale to tenants of rental homes. Sales of rental tenants of rental homes. Sales of rental homes to tenants. That means you could do it more than once every two years and
you don't have to live there first. So take your exemption comment and shove it up your behind because you're missing the boat. But that's okay. That's why the boat. But that's okay. That's why you come here to get teaagged.
Thank you very much. Okay, where was I? Uh,
One sec. Plugged in. Not GFCI protected. Three. and uh see if they can um uh the exterior circuits with the GFCI breaker instead if they think it'll help
breaker instead if they think it'll help uh for the appliance. uh for the appliance. Um
somebody writes, "COUPON CODE TEABAG." OH [ __ ] [laughter] THAT'S a great idea. That's a great idea. That's it. Coupon code teabag coming up. Okay, I'm going to do a little special
Okay, I'm going to do a little special here. Hold on. That's a great idea. Hold on. We're going to honor the teaagging we We're going to honor the teaagging we just witnessed.
All right. How do I do this? one expire today. Um, today 11:59 p.m.
All right, we got to do a little bonus bonus discount for for those of you who are live or just today. We'll just say just today. 2359.
Uh, all products coupon code teabag no hyphen. internal name bro got teabag no hyphen. internal name bro got no he he he called me bra. So bra got
no he he he called me bra. So bra got schooled with a K. Okay. Expires 2026 schooled with a K. Okay. Expires 2026 today. Display expiration. Okay. So if you want a little bonus extra off for the M Kevin membership or
extra off for the M Kevin membership or the Reinvest AI, it'll apply to both. You can now use coupon code teabag uh until the end of the day. Uh let me just until the end of the day. Uh let me just provide you the uh the evidence of that.
link by going to meekke.com or houseack.com, you have to delete houseack.com, you have to delete the uh uh the other coupon and uh and this will give you a little bit more off. So if you delete the other coupon,
apply teabag. So, so just remember that when you go to checkout, remember to apply the tea bag. All right. So, where were we All right. So, where were we [laughter]
on. [laughter] Okay. All right. Um, Okay. All right. Um, yeah. So, it's funny. I I had to eat starting to get nauseous. And you know what's really interesting is yesterday
what's really interesting is yesterday Gemini told me not to steep the tea for more than 2 minutes otherwise it you could get you know it could give you an upset stomach. And I'm like that's
[ __ ] Well I've been steeping this tea bag for like 2 hours and I'm like oh my gosh bro my tummy hurts. Like I feel like vomiting. And I've had that feeling
before where like you have like tea or or coffee on an empty tummy and you just or coffee on an empty tummy and you just feel nauseous, man. So Lauren brought me feel nauseous, man. So Lauren brought me toast and it instantly cures it. Uh I
Like I'd rather have eggs or something, but so I probably won't eat all of this, but so I probably won't eat all of this, but um thank you. Gemini was right. I guess how much is the membership? Well sir, if
you go to mikkevan.com or househack.com depending on if you want the artificial intelligence AI just released an update on it as well. Uh or you want the me live streams and fundamental analysis and the stock history and you know my
top 11 stocks to buy. It's now been updated to 11. I I added an 11th stock. I saw a stock that was so delicious. The boobies were so good. I I I had to have them. Uh so um we added that. Anyway, I'm getting distracted here.
the existing Trump account structure. Okay, now that's interesting. Uh
There we go. Okay, cool. Uh, and then sorry I got these electricians. Uh, sounds great. Lauren will guide them.
savings account through the existing Trump account structure, allowing savings account to make it easier than ever before for working Americans to ever before for working Americans to save towards owning their first home.
a home savings account through the Trump account structure. tax-free uh contribution to stocks to to to gain
uh to gain wealth uh via stocks tax-free to use on a house in future. It's actually brilliant.
the last things we're going to do. House hack minis. Uh, especially, but like honestly, there's especially, but like honestly, there's some big money in it if it could change
with this. So my my head with house hack right now uh is uh
yes and where yes I'll say yes there we go um my head with this is where was I going to type this? Uh oh yeah so wedge deals yeah so wedge deals plus ADUs plus one spec build. We have
honestly know. Does anybody give a flying hoodie duty about a spec build? Uh cuz I have this um and maybe let me know if you care about seeing this video. I could post this video about an area that I think is going to blow up in
area that I think is going to blow up in Utah and uh and so we we have our our Utah and uh and so we we have our our only lot of uh plot of land is there and I want to you know make house hack a developer over the long term like LAR or
whatever where we could actually develop homes and not just buy wedge deals. But you're speculating on the area versus a deal, right? Uh and then in the longer term, you know, then then we go AI SAS,
which is what we're also building. uh and then also you know after that you have this potential you know figure or I'll call it tokenized lending on
seconds uh plus uh you know like sales uh of properties in the future. This tax code right here is a boom for house hack. Uh
somebody says yes Utah spec build. Yes. Yes. making and post it. It's just going to take me like two or three hours to make it. Is it true you're turning reinvest into a PTC treasury company? It's such a loaded question because
anybody who hears that question should know that's I' that's like what I've guaranteed we won't do. [laughter] Like we will own no Bitcoin. Bitcoin. It's to say if you want Bitcoin, go buy Bitcoin. But the whole
point of house hack is to diversify uh you know away from that kind of stuff. Anyway, sorry. Sorry, I I don't mean to yap about that, but I I do I always relate like when I see these proposals and stuff, I relate it to how can we
make money from this, right? And how can you make money from this? Uh so you like the idea of the spec? Yeah, it's going to be one of the most expensive projects to be one of the most expensive projects uh that we're doing, but I think we're
I'm pretty excited about it just to just in the land value because we got in in the land value because we got in really early. Uh, and really early. Uh, and I'm really grateful for that.
It's going to be a lot of editing, a lot of work. A lot of work. Nobody knows a lot of work quite like your boy Kevin. Yeah, you know what they say. leverage other tax advantage savings
accounts. I think that's interesting. uh impose substantial tax penalty for foreigners who purchase real estate. [laughter] Yes, buddy. That's what Canada's doing. Also good for house hack. That's what
Also good for house hack. That's what Canada is doing. Aka fight the, you Canada is doing. Aka fight the, you know, Chinese uh buying in Orange County uh or whatever, right? As an example, right? or San Francisco
SF. We call it SF. You know the locals, Kevin, they don't say San Fran, they say SF. [laughter]
Oh man, we have too much fun with this crap. Uh, sent by non-citizens back to their country. Uh-huh.
Okay. And the child independent tax credit marriage penalty by the credit marriage penalty by the requirement that both parents work. Wow. requirement that both parents work. Wow. Um, okay. I'm a fan of this fan of child
tax credits expanding. I may have seven children. Not that I qualify anyway. No, I don't currently qualify anyway for these. So, not trying
to be biased. Uh, post a 5% remittance tax on funds okay. We talked about that. Allow households with one working parent to the 401k. Brilliant. Uh, bullish stocks right
Brilliant. Uh, bullish stocks right here. Uh, bullish stocks. I haven't played Runescape in like 73 days.
character. I think it's I think it's only like 69. [laughter] only like 69. [laughter] Um yeah, cuz I lost access to my like OG character and I'm like ah whatever. I'll roll it. I got like 99 strength and
attack, defense, magic, range. Like I can go PvP. I like 92 prayer. But like I can go PvP. I like 92 prayer. But like I said, I haven't logged in like 72 days. I flip-flop like a Switch on video games,
you know. I play Splinter Cell really hardcore, flip like a Switch, and go play Halo. Flip like a Switch and go play Age of Empires,
cuz that's what I want. Safe Cities Fund. What the hell is that?
fund is a drop in the bucket. This is messaging. messaging. Uh, this isn't really a big deal
to It's $1 billion to uh pay loyal MAGAS is what it is. Politicians. Only game you need is Monster Hunter. What is that? What is Monster Hunter?
Let me go see what this is. What this crap is. Monster Hunter.
Fantasy themed action role playing game. First installment was PS2. Wow. Latest First installment was PS2. Wow. Latest release, Monster Hunter Wild. Capcom. Game was released for PlayStation 5,
Game was released for PlayStation 5, Xbox, large open world, freely open to explore. Sounds cool. Is there co-op in
explore. Sounds cool. Is there co-op in this? It's an RPG. Oh my gosh. The game this? It's an RPG. Oh my gosh. The game supports four player co-op, bro. No, no, >> no.
>> no. >> Solers can list supporter hunters. This sounds awesome. Damn it. Damn it. You suck. Well, I got
to play this with Jack and Max and Lauren. We'd have our own little squad Lauren. We'd have our own little squad or whatever you'd call it.
on high-end PCs. Well, whatever. Just go play it on Xbox with the kids. Wow. Monster Hunter is just Grinder. Somebody else says overrated. Somebody else says bad game. Somebody else says love Rust.
Well, Rust is is like you can't really beat Rust, man. Rust is the best. Rust is the best. It's also the most toxic game. Don't play it. Like, if you want to hate life, you play Rust. Like, if you just hate
happiness, Rust. Okay? So, if you're with Rust. Um, like if you want to see the worst part of humanity, you play Rust,
[laughter] which makes it sound so desirable. Uh, all right. Restructure federal housing programs conditioned by federal funding on local buyin.
What? Restructure federal housing are conditioned by conditioning federal funding on local buyin to streamline funding on local buyin to streamline permitting process. Fasttrack
they're like, "Oh, we're only available at 9:00." So, it's 9:00 and they're here. And so, like Lauren is coordinating this through me through text. Um,
they'll accidentally turn off power. That'll be funny. Uh if so if I disappear suddenly you could thank them. Restructure federal housing programs by buyin to streamline permitting processes.
to streamline permitting processes. Dude, I I wonder did did did anybody ever run for governor under the premise of streamlining the permitting process and fasttracking local permitting? Did and and repealing some of these other,
anybody ever run for governor on that? God, that'd be that'd be such a what, you know, that would be such a great governor platform to run on. Wow, that'd
be crazy. Establish a residential emergency asset accumulation deferred tax yield. What the [ __ ] Establish a residential emergency asset accumulation deferred taxation yield called ready account that allows Americans to
contribute new tax-free savings account specifically for home mitigation and specifically for home mitigation and disaster disaster expenses. [laughter] Yeah. Uh aka
uh finance finance your home renovation tax-free. Lol. [laughter] Oh, that's brilliant. Yeah. Yeah. I got
to remodel this kitchen to be ready for forest fires, boys. [laughter] Oh my god. Cuz you know that like you got to you get like the the loopholes are writing uh themselves.
Restrict HUD funding from going to sanctuary just jurisdictions. Right. This is punish the Dems. Saves 48 billion. Dude, no way. Lol. 48 billion
billion. Dude, no way. Lol. 48 billion uh away from um Democrats and 1 billion to Republicans. Some crazy math there. Uh we we'll see about that. Prohibit residents from using low-income housing tax credit.
Okay. Uh repeal the federal death tax. No way. No way. It's $17 billion right now and it's called the estate tax.
setting up irrevocable trusts because of these. Uh this could kill irrevocable trust. uh irrevocable trusts to some extent, right?
for individuals to buy comprehensive health insurance coverage with lower premiums in a separate marketplace. premiums in a separate marketplace. What a new Obama marketplace, [laughter]
bro. This is this is the government option. [gasps] Oh my gosh. This is literally the Obamacare uh uh government option that was
repealed in 2010. This uh it might be This sounds Oh, stop This uh it might be This sounds Oh, stop it. This sounds uh like the 2010
uh rejected government option government option uh in Obamacare. That's hilarious. Oh, that's funny. Reform ACA.
That's fine. Tax credits to the people. I'm okay with that.
This is basically like a voucher, right? To lower your cost. to disclose cash prices. Oh, that's awesome. Yes. on required hash prices,
please. That that I really like. Dude, I love this so far. Codify the Trump RX love this so far. Codify the Trump RX program.
Bypass the middleman. The Trump RX program. That's cool.
program, whatever. This is to save some money. Uh where they're trying to save money, to lower the costs
to lower the costs of the bill. reforms for federal childare programs to prevent the next Minnesota fraud scandal. [laughter] Wow. Shout out to Minnesota and surely
foreign nationals prohibited from receiving welfare benefits if they send remittances abroad. Huh? So like green card holders, right?
Aka green card holders can't get welfare if if remittances. Okay.
consider US citizens when allocating population based funding streams. Wow. Uh really highlighting citizens over green card like residents. Okay. green card like residents. Okay. All right. That's fair.
But they should also make the process to become a citizen easier. But I remember back in the day to get the green card you had to wave your rights to social you had to wave your rights to social programs.
sharing ministry short-term plans medical cost sharing require pharma menacees benefit pass on rebates. Okay. rebates. Okay. M
families tax credit to make all non-citizen foreign nationals ill non-citizen foreign nationals ill ineligible for Medicaid, SNAP, housing that's that's big right there. Yeah, that's a lot of savings.
Fully eliminate the ability to collect the earned income tax credit for anyone they're not a legal permanent resident. Zero tolerance on SNAP.
aliens temporarily enrolled in Medicaid prior to the formal immigration verification extended make permanent the one-year freeze on federal funding for abortion providers
this was very um uh heritage foundation project uh 2025 uh heritage foundation project uh 2025 priority
prohibit ACA from financing gender transitioning. And elective abortions. I think that's a fair phrase right there. elective abortions cuz some some abortions are medically necessary
uh to protect uh life of mother uh or uh you know in what's it called um unviable uh but the gender transitions that's interesting uh biological males. Yes. Yes. Please look at this. tax colleges and
universities that allow biological males to compete in women's sports. Hell yeah. Uh this is [ __ ] I have four daughters. Okay. Hell yes.
[laughter] I love this, dude. I love this. I mean, I don't know if any of this is going to happen, but so far I'm giddy about this. This is freaking fantastic. Oh, damn. Look at that reversal today on the cues.
I love it. I think we can get back to all-time highs, man. Like things are things are looking juiced right now. Uh oh, looking juiced right now. Uh oh, Ubiquity gets back to 600. Wow.
Ubiquity gets back to 600. Wow. Wow. Circle. T-Mobile. Bloom. Oh, Bloom. They keep going, dude. They keep blooming.
Wow. Super micro though, just getting whacked.
mutila. Oh, is circumcision considered a mutilization procedure? Now, significant rules that have not been preemptively approved by Congress
consistent with the Reigns Act. Okay.
This is so they could get this through reconciliation. challenging federal accent act. Oh,
environmental laws. try to tax the states if they sue try to tax the states if they sue basically. Okay.
Dramatically reduce BLM permitting requirements for minerals. Okay. Tax third party litigation to discourage
frivolous lawsuits that undermine growth. Now, this is interesting. growth. Now, this is interesting. Uh, you know, but but prove but proving Uh, you know, but but prove but proving frivolous is hard.
inflation. Ensure when Americans sell a home, farm, small business, or other assets, the taxes they pay are not influenced by how inflation has altered the value of their investment. Holy smokes, dude. Oh my gosh.
smokes, dude. Oh my gosh. This is for stocks probably too. Uh this is a boom for stocks and real estate.
basically uh let's say you uh sell a stock for a 50% gain over 10 uh sell a stock for a 50% gain over 10 years. Uh adjust out inflation
compounded. Uh you could reduce your gains by, you Uh you could reduce your gains by, you know, call it 20 to 30%. Insanely bullish, dude. Holy crap. If they pass that, it's so bullish. Uh wow, bro.
That's crazy. Cuz the Fed the Fed's telling you they're going to keep telling you they're going to keep inflation at 2%. Uh this is insane. Buy more American stuff.
Refill the strategic oil reserve with Venezuelan oil.
cities granting driver's licenses to illegals. Okay.
funding to Okay, saw that. Jumpst start accounts that would allow individuals to accounts that would finance apprenticeship education. Oh, and apprenticeship education. Oh, and initial business costs. Oh my gosh. Yes,
initial business costs. Oh my gosh. Yes, dude. and tax credits to allow businesses to onboard apprentices. Yes, bro. Who wants to be a Meet Kevin apprentice? Let's go.
Uh, huge
uh tax-free money to start a business or get educated. Uh huge.
opportunity tax credit. Work opportunity tax credit. Go find out what that is. Work opportunity tax credit. Federal tax credit for employees who hire individuals from specific groups
facing barriers. Promoting workplace diversity and access. Federal tax credits for $1,200 to $9,600 per higher depending on factors like hours and stuff.
Prescreen applicants using the IRS form 8850.
summer employees, long-term family assistants. long-term family assistants. You mean like nannies? dependents, rehires, or individuals owning more than 50% of the business.
Okie dokie. No problem. $1,000 to $9,600 tax credits? Something like that.
like that. Uh, it was $1,200. Yeah.
Okay, that's cool. Pump it, dude. Holy smokes. Yes. I love this. How many reconciliation bills can they
do? Is it per session or per year? We do? Is it per session or per year? We got to summarize this.
three per fiscal year. Spending, revenues, and debt. Well, we're in a new year. Wow.
Dude, that's bullish, man. I hate to say it.
Wow, Microsoft. What the hell? Look at that bleed from Microsoft. bit. 469 divided by 553.
15% off highs. That's wild. That's wild. Money, money, money.
Somebody says, "My vision board has Kevin's face on it." Hey, that's gay. Not that there's anything wrong with that. I'm just saying. Maybe maybe you are, you know. All right. All right.
Yeah. All right. So, let's uh let's break this down. Hold on. I I got some break this down. Hold on. I I got some of my tea my tea bag here.
when you go through these political these bills, you know, it's like so exciting, but it's still just an idea, right? Uh so [clears throat] anyway,
all right. [snorts] So, leverage? That's not the plan right now. Um,
maybe one day, but it's not on the radar. Uh, right now we got plenty of radar. Uh, right now we got plenty of cash. Uh and then also uh
we might we might create some kind of option for people to basically invest in that those securitized bonds or mortgages basically, you know, like you get a 9% yield or 8% yield or
whatever the market rates are at the time. Uh Kevin, friendly reminder, you have an overdue annual eye exam. Yeah, I I know my eyes are [ __ ] I don't need an exam to tell me that. [laughter]
to tell me that. [laughter] Uh, okay, cool. So, all right, good. Let's do this.
it's actually going to be a fun summary cuz I want to I want to think about like how this affects us moneywise. Uh [clears throat] I I think this is again? This is cottifying the Trump agenda for the next generation. But who
put this together? Because we got this from Politico, right? slew of proposals under the Republican Study Committee.
All right. Fine.
might be one of the most exciting things ever. If you frankly own stocks, real estate, a business, want to start a business, are American, are a citizen, business, are American, are a citizen, or just love money. So, if you aren't a
citizen, don't love money, don't own stocks, don't own real estate, you might not like this bill as much, though there are also some benefits in this. But this is insane. So, let's understand what this is first of all. So, last year
we passed what's called the One Big Beautiful Bill Act. It was basically a collection of a bunch of tax benefits, like no interest on car loans, which what good does that do when everybody's giving 0% APR? Uh, you know, no tax on
social security, no tax on tips, obviously subject to limitations, right? Yeah, all right. That was that's cool. But like, is that going to be one and done? And they passed this through budget reconciliation. You could utilize
budget reconciliation, which in English means you only need 51 votes to actually get the damn thing passed, which is really important because if you need 60 happen cuz the Democrats are going to go no thanks. So you use this thing called
the bird rule that says that hey if there's something that has to do with there's something that has to do with the debt revenue or spending as long as you can justify to the Senate parliamentarian that the bill has
something to do with one of those three things you can pass one reconciliation bill for each of those three things once a year or one bill that touches all a year or one bill that touches all three things once a year. Okay, we are
in 2026. The one big beautiful bill was of 2025. 2027 and 2028 will probably be Senate and nothing's going to pass, which means there's a real opportunity
which means there's a real opportunity to pass a really big quote mega bill 2.0 that the Republican Study Committee has already revealed a plan for. And I'm telling you, if you like money, you need to know the components of this because
it's probably the most bullish thing I've ever read about the Trump all day long and I read crap about the Trump administration, you know, whether we're talking about uh the DOJ or Trump's love and hate relationship for
Bondi or Iran or whatever. But this this is just like if you love money, OMG. So, what is this? So, we clicked on this slew of proposals and got some Google Drive link, which takes us to this h glorious American flag in the eagle,
making the American dream affordable again. Now, we've already gone through line. Keep this straight for you. Basically, this these are the marketing premises. We're going to get the free market to slash the costs of living in
We got to get into the actual money. Like, why are stocks going to go up, up? Why are you gonna make more money with businesses in this? All right, one thing at a time. You ready for this? Here we go. So, the policies that
they're promoting first, the Dawn payment program. This is the Donald down payment program. Basically, it would open up the potential door to doing zero or low down payment options through FHA. Now, you have to understand that today
the uh Federal Housing Administration already authorizes a 3.5% down loan. Uh, but this comes with what's known as mortgage insurance premium and it's mortgage insurance premium once you get to 20% equity like you can with PMI,
insurance. So, this has been one of the issues why a lot of people don't end up actually think it's a great program. I bought my first house with an FHA loan, 3 and a half% down to a 3K loan, which
is the renovation loan. you know, it's a little bit of a hell of a process, but uh today the only 0% option you have is if you're a veteran. Uh you could also do something called a no no, which is no down payment, no closing costs, and you
down payment, no closing costs, and you could actually finance like 104 105% of your actual loan. Uh now, this obviously then immediately makes people worried if they're going to expand these lower down payment options, are we rebuilding in
2008? So, yes and no. here. The issue going into 2008 was that we didn't have the Consumer Financial Protection Bureau uh and we didn't have the ability to repay rule. We didn't have limits on people actually needing to prove that
repay their loans. And this is where debt to income obviously matters and qualifying borrowers matters. So, as Consumer Financial Protection Bureau, which he did last year, but then courts
they've said that you have to keep funding it, we're not going to see a housing bubble yet. Could it contribute to housing bubble? Yeah, of course. Like, let's be real. Trump wants less regulation, doesn't like the ability to
financial protection bureau, but it won't be a housing bubble for, you know, 10, 20 years or whatever. That takes time to build up. But really, down income. If you can if you can make the payment, the down payment tends to
matter less. So anyway, that's one thing that they're looking for. That's bullish catalyst for housing. >> Bullish catalyst >> means home prices up, right? Usually it doesn't actually make housing more
prices go up for the rich people who already own a bunch of real estate, right? Okay. Now, expanding mortgage portability. This is basically saying that, hey, if you have a 2.7% 30-year fixed rate mortgage on the first house
want to move, but you don't want to lose that mortgage, you might be able to to be subject to getting a new appraisal. Now, this actually creates a going to I'm going to show you how to make money on this. Okay, so how to make
money on this one, owning real estate. Okay, that's how to make money on this different over here. You know what? We'll go with like dark green for how to this next one on this mortgage portability thing? The way you make
portability thing? The way you make money on this is owning second mortgage lenders. Uh so, what I want you to think of is I want you to think of companies of is I want you to think of companies like Figure. That's ticker symbol FIGR.
They do tokenized HELOCs. Uh House Hack is looking at getting into doing exactly this with our AI SAS business. So, we have an AI valuation SAS business. Uh, and as we perfect that algorithm this year, we want to get into doing second
home loans. Basically, like, hey, I found a good deal. Swipe up and get a second home loan, right? Kind of like figure. And then sell off those loans. Like, figure obviously would just be a competitor in that space. I'm not trying
to pitch Houseack. I'm trying to say that that would be a place to benefit from this. Why? Because if you port over a low interest rate first, you have a the capacity to pay more money on a second, but you probably have a bunch of
extra equity on a second and you might need the second to have basically, you you're going to need to get that second property. Obviously, we don't have all ideas right now. But I'm just going to give you my first reaction. Number one,
you make money owning real estate. Number two, you make money owning second mortgage lenders. Now, Figure is actually one of the stocks that uh I bought at IPO. It's really rare for me to buy a stock at IPO. So, we bought it
over here in like the low30s and it's absolutely blown up. It's one of the absolutely blown up. It's one of the stop the top 10 uh stocks, sorry, it's stop the top 10 uh stocks, sorry, it's now 11 top 11 stocks to buy in the Meet
Kevin membership, which of course as we were uh making this video and you could get all nine courses, every trade alert, every live stream, every alpha report every morning. But as we were, you know, reviewing this in liveream, somebody got
teabagged on our live stream. So, because they got decimated so badly, we made a coupon code teabag. So, if you go to meet me.com or househack.com, if you want the AI side, the real estate AI, you could use um coupon code tabag,
no hyphen or anything. Uh, and then you could get a little special bonus coupon uh before the end of the day. Ah, teabag. Uh, okay. Anyway, sorry, back to how to make money. Uh, okay. So, over here, uh,
we're going to expand access to affordable private housing. Uh, look, as long as we don't know yet how to make money here. Usually developers win by there aren't deed restrictions because if you deed restrict the affordable
renting it out or actually making money from it, uh, there are actually more with that. So, you have to be careful there. So, builders. Okay, great. Uh, then we have eliminate capital gains tax on sale of firsttime of homes to
first-time home buyers and sales of rental homes to tenants. Now, this is somebody. They're like, Kevin, this doesn't matter because, you know, uh, you can already get a $500,000 exemption
for selling your property. But they misunderstood and it's fine. We still love them. You know, it it's fine. They got to see some really big balls, to get this video demonetized, so let me get that off the screen. But anyway,
you live in the property. If you're single and you own a property, you can exclude $250,000. And if you're married, it's 500k. If you live in a property for at least two of the last 5 years, which practically means you can only use that
exemption every 2 years. That is different from this. That is massively different from this. This is ma this is like the most stimulative thing I see in things, including what's coming up on stocks. Just wait for it. But by
eliminating capital gains taxes on sale of homes to firsttime home buyers and of homes to firsttime home buyers and homes to tenants, see that? And on sales of rental homes to tenants, you have to understand what this does. It basically
says Donald Trump is calling up House Hack going, "Yo, House Hack, sell your shismiz to some of your tenants and we'll wave all your capital gains taxes on those deliciously profitable wedge deals you guys got." And I'm like, "Oh,
damn. You just increased the ROI of selling real estate a lot, right?" Because on a CC corporate level, you actually increase you you provide a 21 to 30% benefit for a Ccorporation depending on what state you're in. And
for individuals, including flippers like like Open Door, honestly, I don't like Open Door. I think they have a sh business model, but you know how to make money on this. Frankly, Open Door is on the list. You know, look, I will tell
you my bias, but that doesn't mean I'm not going to tell you the truth. You know, I think Open Door is trash and they're a bad company. Sorry if you like with you. This is good for a flipper like Open Door. They could prioritize
selling to first-time home buyers and save a crapload of money on capital gains taxes. It's huge, dude. This is huge money if this stuff actually passes, right? Oh, sorry. I put this note down here just to for a little
have anything to do with this cuz I was just talking about how House Hack makes money. You know, wedge deals, obviously, discounted real estate, building ADUs. people are leaving comments saying I should make a full video on it. It's in
blow up. Maybe I'll make a video on it. Leave me a comment if you want. Uh then hack.com. The teaag coupon works there seconds and the sale of properties which is kind of like figure but we can also
tokenize sale uh or sell properties to home buyers or tenants. So uh there are uh including with Coinbase. So, we're just like jumping up and down. But anyway, establish home savings accounts. So, this is interesting. This is really
like it. We don't know the details of this, but it sounds kind of like if you put money into some kind of Trump MAGA home savings account, you'd be able to write it off on your taxes. We don't know how much. We don't know, you know,
like, hey, you could put 20 grand a year tax-free as long as in the future you use it to buy a house. That's great. That is a fantastic tool. And what you would end up doing is you would invest in stocks in the meantime presumably to
That's massively bullish for the stock market, right? So, how do you make money on this stocks? That's how you make money on this. Uh, so on this one, we'll money on this. Uh, so on this one, we'll put stocks. Okay. This is uh impose a
penalty on foreign companies buying land and real estate in America. Canada has banned foreigners from buying real estate and you're really trying to ban like the Chinese buyers from buying in SF or Orange County or the foreigners
from buying real estate in America. This is also great for you know local people buying real estate like us. Anyway, impose uh remittance taxes. This is there are going to be some things in here that they do to lower the cost of
uh providing some of this stimulus. And the way they do this is by saying, "Okay, well, we're going to cut funding for things that we don't support." Uh, initiatives get some cuts here as well. And remittances are often like
of take money away from immigrants who come here. They could be here legally, but they send money back to people in Venezuela or Mexico or wherever. Uh, and Venezuela or Mexico or wherever. Uh, and and that is really taxing them, which
uh, you know, that's obviously a political hot button. Uh, okay. Ending the child independent tax credit marriage penalty by the requirement that both parents work. This is basically stimulus for children. Okay. Now, you
have to have less than $400,000 a year in income on this. So, I wrote that I don't currently qualify for this anyway, except I misspelled qualify. Qualify for this anyway. So, how do you make money on this? Have babies and you'll see
more. Now, obviously babies are going to cost you more, but like I'm a big fan of this. Anything that encourages children, big fan. I've got seven. I want more. I going to see why that matters in just a moment. Allow households with only one
working parent to contribute double the annual contribution to their 401k. Okay, so 401k limits are like $23,600 or something like that. Your employer can match an amount. So like, you know, with a SAP, I think you could go up to or
simple, you could go up to $70,000 with profit sharing. It's complicated. The numbers change every year, but the point is you'd basically double the contribution if just one person is working rather than both. I think that
is bullish stocks because when people put money into their 401ks, that money put money into their 401ks, that money flows into what? Stocks. Great. Bullish, dude. How to make money stocks. Like you're going to you're going to see this
quite a bit here. Like Trump does not want this market to go down. He is shoving the adrenaline pin anywhere he can. He'll shove it into Jerome Powell's butthole. Stimulus adrenaline. Now, eventually we're going to have some side
effects of all this, but for now, this is delicious. right. Anyway, sorry. Uh, established safe cities fund. So, this is um this is
basically a way to reward loyalists to MAGA. So, if you're a good Republican mayor, we'll give you money. Okay. So, we don't really make money from this. This is just sort of MAGA branding. Uh, and over here they're going to take away
$48 billion from Democrats. So, like it's kind of crazy because they're taking away 48, but they're only giving a billion. That's because they're giving so much money to other areas like housing or stocks.
Streamline the permitting process and fasttracking local permitting. Wow. this wouldn't it be great if like somebody ran for governor under the idea of streamlining the building process to make it so we could build more homes.
That I mean that kind of governorship that would be like mind-blowing. That would be incredible to have a governor that actually had the balls to do that actually had the balls to do something like that. But, you know, that
crazy. Anyway, uh this is some fancy crappy uh name. the emergency the residential emergency asset accumulation deferred taxation yield strategy. Basically, another tax-free account where you could fund money for it says
home mitigation and disaster recoveries. My opinion is I think this is going to have such a broad definition that you're basically going to be able to finance your home renovations tax-free by you know saying hey guys I need to remodel
this kitchen to minimize the risk that my house floods uh or you know that a put in fire sprinklers and if we're going to do that we're going to have to tear down the kitchen and the bathrooms and it's basically a tax-free way to
renovate properties. It's insane. It's really bullish real estate and construction. So, how do you make money on this over here? Okay, this is on this over here? Okay, this is construction and real estate. Really
construction and real estate. Really bullish on that. I like that. Okay. Now, then we have uh over here, repeal the federal death t death tax. So, this is currently called the estate tax. And
so what a lot of people do is they put money into irrevocable trusts and they try to let money grow tax-free over there because they're worried about the estate tax robbing money from their children. Actually, in yesterday's daily
you could download the Meet Kevin app. We just updated it. You get the daily wealth notification every day. Uh and we were talking about uh estate taxes and trusts. I I think there are real good money and wealth saving tips we give in
the daily wealth every day. But anyway, sometimes they're motivation, happiness, taxes and money savings. Uh and again, you get that for free. You just download the Meek Heaven app. It's free. So repealing the death tax kind of kills
the need for a revocable trust for a lot of people. But the current death tax, which is also known as the estate tax, is $17 million, not billion, sorry, $17 million. And so if you die and you have more than a $17 million net worth, your
estate pays, you know, a 30-ish or whatever percent tax. I'm ballparking the number there on the tax, but uh if you permanently get rid of the death tax, you basically let rich families get rich longer. So uh or stay
rich longer. So how to make money on this? Be rich or be Trump. Like Trump has been desperately trying to figure out how to get money from his pockets to his kids' pockets
because, you know, the clock's ticking, bro. But anyway, so real healthcare Americans can afford. Now, this is really interesting. Establish a parallel option for individuals to buy comprehensive health insurance coverage
with lower premiums in a separate marketplace. Okay, to me, this sounds like a straightup copy of the 2010 Obamacare government option that ended up getting rejected. So basically the government gives you an option for a
plan that's cheaper and a direct competitor to uh to some of these other companies. Uh anyway, reform the ACA subsidies. just reducing the cost of your insurance. You get money to to pay for
insurance. You get money to to pay for your insurance. Fine. Uh cash prices for medical care and disclosing out of network costs. I think this is brilliant. I don't think this is a thing where like you go make money on it, but
like who's tired of seeing the hospital bills? You know, when my daughter almost bills? You know, when my daughter almost died summer, we had a $ 1.5 million hospital bill and the insurance company is like, "We paid 99% of this and you
owe, you know, whatever it was, $20,000 or whatever." And my my mental thinking is like, there's no way it was a million half dollars. I mean, I know she was there for 3 months and she had emergency surgeries and and all that stuff, but
dollars. Like, how much of this is just like, you know, to make it seem like I think this is interesting. Required cash prices uh prices. I think that's actually really good. Bypassing the middleman via Trump RX. So, codifying
some of that. Uh let's see. This is where they're trying to save some more money, like eliminating the Minnesota fraud scandal. like basically ironclading um voucher programs for child care.
Personally, I'm a big fan of just have less of this. You know, that's my less of this. You know, that's my opinion. My opinion, less government. child care out of the way. If poor people need help, give them a voucher.
But don't subsidize the businesses. Let the businesses compete in the free market. That's my opinion. That doesn't mean, you know, I mean, you're here for information, not necessarily my opinion. I'll just move off of that. Okay. But
opinion because I I don't want to make the whole video seem like a blur between Kevin's opinion and and facts. Uh so I like to try to signpost them. Prohibit welfare benefits. Yeah, immigrants aren't going to like this. Like if you
uh or you don't have a green card and you're just like on a visa or whatever, send money abroad. Like there'll be taxation against that. there'll be limits to your ability to get on uh benefit programs like Medicaid or SNAP
you had to wave your right to certain social programs uh which we did. So like I was an immigrant at you know one year old or whatever. Uh, and I remember back at 1, but you know, when I was like six or seven. But, um, that used to be
called, what was it? The Internal Naturalization Services or some bull crap like that. But whatever. Uh, back in the days of the INS. That was before, uh, you know, um, Department of Homeland Security came
around after the 911 attacks. That's when you got TSA as well. But anyway, the language for the working families tax credit. This is where I was just basically what I was saying making you illigible for Medicaid, SNAP, housing
assistance, and other forms of benefits if you're not a citizen. So, you know, actually more of a takeaway if you're not a citizen. So, there's an incentive right? Hopefully, they make that easier for people. Uh, same thing over here
tax credit. Uh, if you were not authorized to work in the US, you wouldn't get those. Extend and make permanent the one-year freeze on federal funding for large abortion providers. This is a project 2025 priority.
Prohibit Medicaid and ACA uh enhanced tax credits from financing gender transition or mutilization procedures and elective abortions. Okay, obviously this is a project 2025 thing as well. Uh
but u you know financing of gender transition, should not go towards somebody transitioning. That's a very popular opinion at the moment. Uh obviously some abortions are medically necessary. So, I
do like that they've clarified here elective abortions. Uh, and then I also I personally, my opinion, I really love this line 26, implement a tax on colleges and universities that allow biological males to compete in women's
sports. Hell yes. Okay, I think that's [ __ ] Sorry, I shouldn't say bad words. I think that's poopy dupy. I think it is the most little pee pee >> Little pee pee. >> No biological man should compete against
a woman. Sorry, I have four daughters, so hell yes. And if one of my three boys wanted to compete against girls, I'd punch him in the in the face. Sorry. Okay, moving on.
Moving on. Codifying President Trump's executive orders focused on deregulation basically just to try to make the whole bill align with the bird rule, which has to do with reconciliation, right? And this is just an idea, right? Okay. So,
impose a series of royalty-free. Okay. So, they're trying to limit uh lawsuits on uh like frivolous lawsuits. There are a couple provisions here on limiting
lawsuits for frivolous stuff uh or frivolous lawsuits from states against the EPA. This doesn't really affect us. I if you're personally worried about getting sued, it's really hard to prove
it's not going to make much of a difference. dramatically reduce the Bureau of Land Management permitting processes. Uh how to make money on this? Honestly, um probably look at like keep an eye on MP material. You know, a lot
of the selling pressure might be done now. Uh I said at 100 like at $80 I'm like these guys are going to go to 100. When they were at 100 in my alpha
report, I'm like they are going to plummet. Okay, they have plummeted. They plummeted over 50%. But they've now, look at this, they bounced off the 200 DMA and they've regained now they're on their second Fibonacci retracement right
their second Fibonacci retracement right here at uh 6578. So, you know, keep an eye on this. Remember, the government has a stake in this. has a stake in this. Uh, okay. So, then
when Americans sell a Oh my god. Oh my god. Oh my god. Oh my god. Oh my god. Sorry, I shouldn't use the Lord's name. Oh my gosh. Oh my gosh. This is freaking money.
This is freaking money. Money, honey, in your bag pockets. Holy smokes. Let me read this to you, but this is literally stimulus for rich but this is literally stimulus for rich people. It's how to make money on this
own stuff. Okay, literally. Listen to this. End the taxation of inflation. ensuring that when Americans sell a home, farm, small business, or other assets like stocks, the taxes they pay on the sale are not influenced by how
inflation has artificially altered the value of their investment. In other words, let's say you sell a stock that you've owned for 10 years and you have a 50% gain in that stock, but then you have to compound inflation at 2% per
have to compound inflation at 2% per year, right? So 2 or 1.02 * 1.02 02 * 1.02 * 1.02 * 1.02. I should really use exponents to do this, but I this is a very basic calculator, so it's not going to work. And yeah, I got to like 22%. So
you basically could reduce that 50% gain by roughly at 2% inflation per year for 10 years around 22%. And if inflation's a little bit more then potentially up to maybe even 30%. Or more, right? or if we have another Bomics, you know,
inflation, which, you know, Trump Trump had some doing in that as well. We can't just only blame Biden for the inflation. Uh, but anyway, so if we have another inflationary spell, you could basically say all that money you're making in
stocks is tax-free to the tune of whatever the compounded rate of incentivizes buy and hold and owning stuff. Again, this applies to real estate as well. So,
incentivizes buy and hold. But I want you to think about this for a moment. Like, think about housing for a moment. What we've heard here, no taxes if you sell to tenant or adjust off inflation.
or adjust off inflation. The value of owning real estate explodes The value of owning real estate explodes with this. Also, stocks, right? Uh, but this is great. That's crazy. uh especially since we know the Fed is
going to keep inflation at 2% even if we go into a disinflationary cycle. Refill the Venezuelan oil. Refill the strategic oil reserve with Venezuelan oil. Uh then establish jump. Okay, here we go. This was another big W right here. Ready for
was another big W right here. Ready for this? Tax-free contributions to savings accounts that would finance apprenticeship education and initial business costs. This is a new tax credit to allow businesses to onboard
additional uh apprentices. So, in other words, like if House hack hired a bunch of apprentices, we could get some delicious tax credits. Or you want to start a new business, tax credits. You want to go learn how to be an
want to go learn how to be an electrician, tax credits. Yes. If only there was a governor who or or somebody who ran for governor under the idea of incentivizing apprenticeships, you know, with some kind of crazy plan. I don't
like future schools or something like be a governor who could do that. I don't know. Maybe. But it's a great idea. So anyway, reauthorize the work opportunity tax credit. This is basically for hiring
people of certain demographics. So, if you hire people who are on supplemental you hire people who are on supplemental uh income, SNAP, TANP, uh you are an ex-fellon. So, this is like second chance stuff. Um qualified summer youth
employees and long-term family assistance. Sounds like nanny credits unemployment recipients. So, if you've been on unemployment and you hire somebody off of unemployment, which could be like basically anybody, uh the
business could get tax credits, which how do you make money from that? If you lose your job if this passes, make sure you go on unemployment because you actually become cheaper for the business to hire if you're on unemployment.
That's kind of crazy. Like, if you're like, "No, I I'm embarrassed. I don't want to take unemployment." You actually get punished. That's crazy, dude. That's crazy. That's crazy. [laughter] Uh, yeah. So, I mean, okay, you get the
idea here. This is a proposal. It's not passed, but if they do this MAGA 2.0 plan, this is literally stimulus for rich people. This is stimulus for stocks. This is stimulus for real estate. This is stimulus for Trump's
family. No estate tax. Oh my gosh. But it does also make it easier for you to renovate your home to get into your home. Like I don't think there's anything in this I don't like.
And you know, as me, like I'm trying to be as neutral as I can cuz you know, for some reason I do that on this channel. Uh which, you know, basically just means I piss everybody off. But um uh Oh, that's why I broke the magnet. Oh, I
didn't break it off. It fell off. somebody the guy with the the guy we made the coupon code Tabag for. I was starting to whack this and uh and then the magnet fell off. There we go.
Ah, solved. Uh anyway, yeah. So, uh just a quick clarification. If you uh want to join uh either meet.com uh or the AI that we have at
househack/reinvest, you could use co coupon code teabag. So, you want to get all the courses or you want to get the AI, you could use it on on either of them. Uh, delete the coupon that pops up between now and 11:59 p.m.
and use coupon code TAG. TB A G. All right. So, with that said, I'm going to go back to drinking my WT bag. See the W right here? It's abstract art. But I
right here? It's abstract art. But I think we got W's on this one. Anyway, think we got W's on this one. Anyway, that said,