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Billionaire investor John Paul DeJoria and former Best Buy CEO Brad Anderson on the President’s agenda for his second-term and the First Lady’s ha...
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Very very much -- I want to get the readout from.
People who could actually probably open up their own -- -- and -- every single one billionaire investor John voltage or is joining us of course.
While Mitchell co-founder air products -- you know that Brad Anderson the former Best Buy CEO.
-- -- very good to have both their view on.
-- Bret let me begin with you because much of the attention now is focused -- The president's -- down the gauntlet and saying look I'm willing to work with the Republicans but paraphrasing from the message -- this speaks today.
All -- minutes -- and I'm not gonna give up the principles that got me elected.
Ought to Republicans are now -- -- stuck by average entitlements.
Medicare Medicaid Social Security didn't give -- -- -- about what he would compromise it would guarding any of those programs.
Republicans are critically discards on that mention alone.
About you.
Our.
He's back and.
Give on any if you look at the issues those issues.
Those all will poll incredibly strongly for him.
He controls the narrative the Republicans are gonna be saying no to spending I mean that's like telling a child we're not -- I give you something you want.
He's an incredibly strong position from -- -- in terms of the media image in the general public assays have reason really going to be a tough fight if you're constrain.
You know John -- I mean at Andrews air a little while and our White House correspondent talking about the president once again bed sitting very wealthy just add to that exists between the very successful.
-- -- -- -- -- It is seemingly holding out that the distinct possibility he's not -- aluminum it is needed to dump Biden might.
My slang that even after the tax increases.
Why he's gonna follow but what Chuck Schumer was -- More tax increases to come how do you feel about that and the impact from that.
I think first a lot of the speech was political it's his way of saying thank you for elected -- those that did elect me.
They can't be that stupid to continue to divide America where pricey and pitting those that were successful are those who have money gets those that weren't.
Did they forget -- and that the American dream is that -- ratio alliger was all about let's all have a shot at make in life and my god you I started homeless and made it.
When you start dividing people.
And you start -- it was stupid suggestions like that it just makes no sense also -- what you -- Chuck Schumer making the statement is a Democrat.
-- to get elected that's a big money behind some big corporate money.
Gave him money to be elected so lot of what's going on now I think it's political and I do not think the Democratic Party is stupid.
I don't think they -- divide America long term and I really don't think they're gonna spend -- to death that means they look around and see what's going on.
I Percy Phyllis more political if they really do what they said they were gonna do.
It's not good for American I think the people would stay out of -- you'll wait a minute you going a little bit too far -- not gonna end up like some.
Well -- you might you might help them but Brad I'm not sure they're looking at the same polls that it could be the polls that so.
Most people are -- -- -- cutting spending in the aggregate but does not -- stop.
So there might be more inclined to just continuing to tax the rich or find more creative ways to get money from the rich because I don't exemption was about.
Raising anyone's rates beyond what they are now although we -- I think he's talking still about going after.
Exemptions allowances stuff like that how do you feel about that and what will be the fallout from that.
Well I think if you ask most people do you think he's insane spending is a good idea they'll say yes but -- -- -- my spending I even some very wealthy people I know.
You talk about maybe constraints in terms of what they can receive from the government.
There's a sense of entitlement the people happen people are used to getting money from the government.
I think we're seeing I -- I disagree I think we're saying the president doing what he really believes it.
I don't think he has the same point of view that at least I do about that the American dream and who has been invited I think he wants he wants a fundamental change in the yet.
American system and I think that's if you look at how hard he's playing the ball.
I think that's what he wants to see he's getting what he wants to see and it's a second term so -- his chance to really drive an all.
You know John one of the things the president did and as people have referred do is -- find such an inept but everything let's say to capitalism stands for.
Why is the market continue to claw higher and higher why as the Dow and gets a B now back at five your eyes.
Why if I am not exact capitalists -- are the markets just whistling past apparently it is graveyard on building how would you answer that.
We have damn good corporate leaders there -- corporate business people American independent people.
It wasn't the government that built their businesses supper have the trillion say having cash.
It's what they did in spite of the difficulties they came up on the true believer in American with all due respect Mr.
President.
The American people we -- our way of life we the people can make things happen and our own and I think the markets reflecting what are the earnings of some of our companies.
100 companies doing small businesses and large was a like.
In in the face of the -- of may be going out of maybe the government not agreeing with businesses the businesses are still prevailing.
That's a business is all about I think that's why the markets up more so.
The business are saying we're -- -- -- do it we are gonna do we have to do regards to what's going around us.
Too John I'd be remiss as someone -- -- their fortune and among other things that -- hair care products.
Industry and beyond.
Michelle Obama -- do you like the banks.
-- -- I gotcha I gotcha tongue tied on I'm Michelle Obama -- bags are no bags.
While I think with Michelle.
I worry -- straight back I think she look great rare was totally straight back in a pony -- you look incredible.
I think she -- Did exposes our lives about you don't like the banks you don't like the banks.
But they lose the bags.
All right Brad -- -- -- appropriate question for you as well.
I'm pregnant no banks.
Banks are right there and I don't know they borrow -- -- -- back.
Up.
We found some common ground -- thank you very much --
