2:13:05 And now I'd like to what who hold on you get your your blades yeah, I brought it very good up there in the in the Seattles and the Washington's wherever you are yeah, yeah Yeah, I'll bet Robert Tenet, step forward my friend, thank you so much. We threw in the extra penny as you have now contributed to the best podcast in the university, amount of $1,000 or more. Well as I said, we kicked in the extra penny, so I hereby pronounce the Sir Robert Tenet Knight of the Noah John Roundtable for you my friend. Cannabis and Cabernet, Hot Librarians and Jager Bombs, Opium and Warm Orange Juice, Hookers and Blow, Three Geishas and a Bucket of Fried Chicken, Rent Boys and Chardonnay, Hot Pants and Booze, Rubinette's Woman and Rose, Geishas and Sake, Vodka and Middle
2:13:50 I received a note from someone, and I don't like to dance on the dead. But that said, but it was fine. You know the once there's somebody's dead you can you can You can you can libel them. Yeah. Yeah. Yeah. Yeah. Yeah. Well this actually led me into something else which is why I want to go through the Through the process that I that I went down so there was this again on a lot of websites and there was this video of Paul Walker Paul Walker of the fast and the furious who died along with his
2:14:43 friend and partner actually in their classic car collection venture in that fiery crash in Los Angeles. And the video showed Paul Walker, it was a very well cut video, it makes no sense to play the audio but you'll find it in the show notes, And it's about his Reach Out Worldwide charity. And in this video, John, it's Paul Walker and he's helping people in Haiti. This of course what immediately got my attention. I'm like, well that didn't work out too well if you were helping people in Haiti. What did you actually do?
2:15:22 And the caption of this video which has been floating around is, wow, you know, if only the news played this. You know, this is what celebrities really can do and this is how fantastic they are. And so I wanted to know what they had done in Haiti. And now this video, by the way, was produced by a high-end reality television production unit who produce the Motorcycle Chop Shop reality show. And I think they also do the... what's the... the shrimping, the crab, the lobster boat, whatever. That dangerous catch. So these guys, you know, you give them a budget of
2:16:05 Well, actually the budget is here listed in their form, $90,000, $23,000, and they can make a great video of you. And it was irksome, A, because I was like, wow, am I really going to see if this guy was for real with this charity or not? And yeah, I am. And then of course what I found out is, now even $15,000 or $23,000 for anything, if it's going to help someone, I think is a good thing. So I'm not trying to negate that, but all of this stuff in this video is bullcrap. So what he and his, the other guy wrote us, I think his name was, what they wound up doing is they put a share of this, so they formed this non-profit in 2000, let me just see here, I think 2009, and put 20 grand into it.
2:16:58 And then in 2010, when they got all the publicity, it was like, oh, 700, almost $700,000 was put in. But it wasn't cash, it was a share of their classic car collection, which they trade on, and which this guy who was a money manager, well, the guy who was driving, you know, he sold that as a diversification of your investment portfolio. So this is a great way to put, you know, to stash some money tax-free by putting it into your charity. And if you look at this, they received $7,000 in gifted rescue equipment, which they gave away. And I think this is what they gave away maybe to the people in Haiti. And the year after that, there's no money going in. Nothing at best in four years time, $15,000 was handed out. The majority of it was in travel expenses, probably for Paul Walker and his buddies to go shoot this video.
2:17:56 So it's kind of this whole idea of a celebrity front is a little disturbing. Oh, I'm sorry. There was $50,000 put in by I think the water the Davidoff cool water for the commercial that he did for Cool Water. But then that subsequently went to $12,000 of accounting. I mean, I could do this accounting on a spreadsheet for this operation. So here's how it works. You get a bunch of lawyers and accountants. They say, oh, you know what's a good idea? You need to start a foundation and you can put your car investment into the foundation so that's all tax-free and just keep that in there and then, well of course we're going to charge you $12,000 for setting this all up and filing all the paperwork and then you do this one commercial with these guys and then you look great and it's all legit!
2:18:49 So as I'm looking at that, I'm thinking, okay, these things, there's so much bull crap going on with this. It's just front, just pretending. And quite honestly, a little despicable when you see the video. You'd think the guy was single-handedly saving the world. And then I thought, hey, wait a minute. Where's George Clooney in all of this? We've got the Sudan blowing up. What exactly is going on with his non-profits? So I start to go look in. But before you do, you have to play it. Well, I was planning on playing it, but if you want to hear it now, sure. George Clooney! George Clooney! George Clooney is a spy! Well actually, I was thinking of the Carl Clooney one. Oh, well, we can do that one too. I mean, it's all good. I love this. Someone's getting cornholed today.