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Vivek Ramaswamy’s Latest “Ripoff," per the MSM

17m 50s3,393 words473 segmentsEnglish

FULL TRANSCRIPT

0:00

all right this interview is supposed to

0:01

be heated we're going to react to it raw

0:03

I have some serious thoughts about this

0:05

Viv character specifically about his

0:08

past I think he's done some shady stuff

0:09

uh in terms of building his wealth you

0:11

know that's just part that's just part

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okay I'm I'm not a v hater I actually

0:15

think a lot of what he says really

0:16

resonates and and is probably has some

0:18

real Merit of course some ideas need to

0:20

be developed uh but but look you know I

0:23

think I'm I'm reasonably neutral here

0:25

like there are things I I really love

0:27

there are things I'm skeptical about and

0:29

there are things in this past and I'm

0:30

kind of like I don't know man that's

0:32

shady you know that that about probably

0:35

sums up how everybody feels about every

0:37

politician so I I don't think that's

0:38

terribly uh biased so let's go ahead and

0:41

listen to uh What uh what this guy says

0:43

the title here is this is awkward for

0:45

you mevi Hassan's takes on Viv uh in new

0:49

interview okay yeah are we ready for

0:51

this I I'm ready for it here we go you

0:53

probably seen all you care to see of VC

0:56

ramaswami lately is because his campaign

0:58

for the Republican nomination president

1:00

is entirely based on his getting as many

1:02

media hits as possible including

1:04

appearing yesterday on the show of a

1:05

YouTuber with a history of really gnarly

1:08

anti-semitic posts the fast talking

1:11

ramaswami who Chris Christie famously

1:12

said sounds like chat GPT always appears

1:16

unbothered by his stream of

1:17

contradictions and falsehoods never

1:19

really gets nailed down long enough to

1:21

be caught in them but until today Ras

1:25

Swami had not gone up against one

1:26

interviewer in particular one who is

1:28

built for just this sort of situation

1:31

msnbc's own medy Hassen in in retrospect

1:35

probably should have kept it that

1:37

way so medy I've made this really easy

1:39

for everybody and I did this in the

1:41

early weeks of the campaign yeah I

1:42

released 20 years of tax returns

1:45

something that no presidential candidate

1:46

let alone somebody who's successful in

1:48

business has done I challenge Democrats

1:50

and Republicans alike ining the B family

1:52

to do it exactly we have

1:54

2009 you what I would

1:56

adise

1:58

you 9 and 2010 you made

2:03

$750,000 you had the money to pay for

2:05

law school you didn't need a Soros

2:06

affirmative action scholarship that you

2:07

now I

2:09

mean none of this is worthy but if you

2:11

think it is let's get to the detail that

2:13

was actually the first affirmative

2:16

action you took a scholarship for

2:18

immigrants so why did you take a

2:20

scholarship for the children

2:22

IM which falsehood would you like me to

2:24

address the financial one or the or the

2:25

one about my views on affirmative action

2:27

cuz I can go in whichever make 7

2:32

not not at the time that I had applied

2:33

for the scholarship that fall

2:36

December this is awkward for you you

2:40

did you can watch that full interview

2:43

today on you all right let's get some

2:45

thoughts on this so uh here's the thing

2:48

uh when you become a Soros fellow and

2:51

these are at least the current numbers

2:54

each fellow receives up to

2:57

$90,000 of financial Support over two

3:01

years uh VI ramaswami did become a Soros

3:06

fellow now Soros George Soros is a is an

3:08

interesting character uh he he's

3:11

basically a massive massively

3:14

influential philanthropist and the

3:17

reason he's so massively influential is

3:19

because he's got a lot of money oh my

3:21

God imagine that when people have a lot

3:23

of money they they have uh they have

3:25

influence yeah that's essentially the

3:27

way it works now Elon Musk is not very

3:30

happy about this guy and we'll touch on

3:31

that as well in this video uh but what's

3:33

important to remember is that uh VI went

3:36

to a very expensive School uh VI uh went

3:41

uh to Harvard and uh Yale he went to

3:46

Yale law school graduated from Yale Law

3:49

School in 2013 Harvard in

3:53

2007 uh and V here argues well you know

3:57

I wasn't making that much money uh

3:59

working for the hedge fund that I was

4:01

working for which ended up funding my uh

4:05

my uh um real vant uh startup where you

4:09

know we basically took a failed drug and

4:12

rebranded it as a success and then

4:14

raised hundreds of millions to billions

4:17

of dollars and that was the start of

4:19

VI's path to becoming a billionaire

4:20

which again is is the path that pisses

4:22

me off because VI's like oh well you

4:24

know 99% of Alzheimer's drugs failed

4:27

yeah but you also knew that the one that

4:29

you were read interpreting the results

4:30

for was already a failure you just

4:32

created a poster uh and listed this new

4:35

company on the New York Stock Exchange

4:37

and then pumped it up on Jim Kramer's uh

4:39

show to to make it seem like a success

4:43

and pretend it was a success when you

4:44

knew it was a failure that's part of the

4:46

the shady past that pisses me off you

4:48

could watch all that in detail on my

4:49

channel just type in meet Kevin VI by

4:52

the way we've reached out to their

4:53

campaign uh multiple times uh to uh to

4:57

to get their side of it uh they refused

4:59

to direct directly talk to us about it

5:01

instead they will release videos on on

5:03

the internet just saying well you know

5:05

99% of drugs failed we've done other

5:07

successful drugs when the reality is

5:09

even these other successful drugs uh at

5:11

least some of them if not all of them

5:13

we're still working on the research on

5:14

it but at least some of them were

5:16

already approved drugs in other

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countries that companies just partnered

5:21

with with vivacon to Market in the

5:23

United States which is a way of saying

5:25

like he didn't actually develop drugs

5:26

he's just a good drug marketer but

5:28

anyway you know

5:30

it's it's worth noting that if you apply

5:33

uh for a scholarship and you get it most

5:35

people are going to take the money even

5:37

if you're taking if you're making 750

5:40

Grand you get $90,000 to pay for two

5:42

years of your Harvard Education which at

5:44

the time is probably $ 35 to

5:46

$45,000 you're probably going to take it

5:49

uh so I I I think I think it is pretty

5:51

clear here yeah sorry VI you you're

5:53

probably going to take a slight L on

5:54

this one is that actually really going

5:56

to hit them in the long term probably

5:59

not it's it's not that big of a deal uh

6:01

I so I don't know that this is like oh

6:04

my gosh The Smoking Gun for the failure

6:06

of it this is this is no impact the fact

6:08

if anything more people are just going

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to talk about aake it's just going to

6:11

help him uh so I don't actually think

6:13

that MSNBC clip is really that big of a

6:15

deal I do think what's actually

6:17

interesting though is talking about

6:18

Soros Soros by the way $8.6 billion net

6:22

worth the guy is 93 years old he's been

6:27

characterized as this like extreme

6:29

leftist because he donates to like BLM

6:32

uh and and you know uh other more like

6:36

police like de relative defund the

6:38

police style initiative which he argues

6:41

well it's not defund it's fun for

6:43

community policing and stuff like that

6:44

he's considered one of the most generous

6:46

givers which the last person people have

6:49

uh Associated being the most generous

6:50

Giver with with Sam bankman free this

6:53

guy started a hedge fund in the' 70s

6:54

known as the quantum fund started with

6:57

$12 million in 1970 when he was 40 that

7:00

works out to about a

7:02

13.8% compounded annual rate of return

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if you bring that out to his current net

7:06

worth right now potentially a little bit

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higher given that he's probably already

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donated a substantial portion of his net

7:11

worth so he's done pretty well but

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anyway uh he's basically been

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characterized as the puppet behind any

7:17

big liberal plan and that's why like

7:19

people hate being associated with him on

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the right and that is something that

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people like to say is that oh well VI is

7:25

Soros back it's true he was a Soros

7:27

fellow but that was Al when he was in

7:30

college so his opinions could have

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changed since then and pretty much

7:32

everybody who goes to college is is in a

7:35

liberal institution almost every College

7:38

leans left that's just sort of the the

7:41

college system the way it is here's what

7:43

VI in full says about the Soros issue so

7:47

i s I went straight to this part so we

7:49

could listen to his Soros response it's

7:51

really important to know going into this

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that people regularly try to argue this

7:57

is so normal oh it was actually George's

8:01

brother yes Paul and Daisy offer the

8:05

fellowship for new Americans for

8:06

immigrants and immigrant children yes

8:10

Paul Soros is known as the silent

8:14

brother almost by Design to make it seem

8:17

like they don't work together obviously

8:20

you've got one group of people that say

8:21

what no no they're separate they they

8:23

don't they operate separately and

8:25

another group of people who say dude

8:27

come on it's the same thing it's just

8:29

important to know and so we're adding

8:30

the context that yes there's George

8:32

Soros which is the one that basically

8:34

everybody's frustrated by that's your

8:36

sort of musk angry person or whatever

8:38

then there's the silent side which is

8:41

still in the Soros family it's just the

8:43

brother Paul and Daisy Soros foundation

8:46

so let's listen to VI's response here it

8:48

doesn't make in my opinion much of a

8:50

difference from all of the facts that we

8:52

were talking about here but let's just

8:54

add it so we could just hear his point

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of view and and add uh add the

8:58

appropriate uh response caller so let's

9:01

go ahead and play that now but it was

9:03

actually Paul and Daisy Soros it was his

9:05

brother they call him the invisible

9:06

Soros and some news things and you got a

9:09

scholarship was it in 2011 to go to law

9:11

school y from I applied for it Paul and

9:14

Daisy s so what have you been telling

9:15

people about that because obviously a

9:16

lot of people are skeptical yeah sure I

9:19

mean look I'd say my advice to everybody

9:21

is be skeptical of anybody who's who's

9:23

telling anything when they're running

9:24

for office here's the facts I was 24 or

9:28

25 years old in the fall of

9:31

2010 when I applied on a Fridays when I

9:34

heard about it the deadline was Monday

9:36

there was classmates who said oh there's

9:37

this scholarship first time I heard

9:39

about it but you know 50,000 bucks I'm

9:41

not going to turn that down in my early

9:43

20s filled out a scholarship application

9:45

over the weekend the fun of it the main

9:48

funer not George Soros but Paul Soros

9:51

it's his brother right who made his

9:52

money independantly who by the way now

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is long Dead who funds the scholarship

9:56

it's a generic scholarship hundreds of

9:58

kids him dead doesn't matter though it

10:00

would be saying like I took a he's dead

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now it's you asked me you asked me to

10:04

you asked me to let you finish so I know

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I'm I'm gonna ask for the same courtesy

10:07

if you you ask me to explain it the guy

10:09

is long dead because I think the big

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question that comes up is who's the

10:11

boogeyman pulling the strings and and

10:13

and so the answer is I think it's

10:14

relevant to know this guy's long Dead

10:16

made his money independently has

10:18

different totally different background

10:20

from George Soros as well but

10:21

nonetheless I wasn't even paying

10:23

attention to this I I couldn't have told

10:25

you what what George soros's ties were

10:28

let alone George Soros why I wasn't

10:29

paying attention to him at a guy a

10:31

different guy named Paul sorus is fun in

10:32

the scholarship at the age of 24 I would

10:36

have had to be an idiot a fool to turn

10:39

down a merit scholarship that you win to

10:42

help pay for graduate school as hundreds

10:43

of other kids win generically and I'm

10:46

honest about that that's exactly what I

10:48

did were there strings attached no there

10:50

weren't now the reason I also bring

10:53

these other facts up keep in mind and

10:56

this is the this is the part that the m

10:59

MSNBC which we know we know propaganda

11:01

media okay okay people get all mad about

11:03

the media and stuff like that

11:04

whatever we know the9 tax returns were

11:08

750k of income at 24 right so because I

11:11

think it's just important for people

11:14

skeptical people to stay skeptical is

11:17

that I have no tie to George Soros other

11:19

than criticizing him there are other

11:21

candidates who has tied to George Soros

11:22

right and that's the point that's why I

11:24

actually and I want to be clear about

11:25

this I'm covering this but I want to be

11:27

clear I don't actually think this is

11:29

really that big of a deal uh I think

11:31

what's a bigger deal is the Alzheimer's

11:33

drug which uh again I've already

11:36

described my take his his common

11:39

response and this is how he regularly

11:40

responds is well you know it it failed

11:43

and and drugs fail that's the way Pharma

11:45

works but you already knew it was a

11:47

failure you just rebranded it as a

11:48

success that's the problem we could just

11:50

quickly listen to this and move on was a

11:52

drug for Alzheimer's disease we put it

11:54

into a subsidiary it's what we did for

11:56

all of the drugs that subsidiary was

11:58

aavan

12:00

99.7% of drugs ever tested for

12:02

Alzheimer's disease have failed mine was

12:04

one of them one of thousands of drugs it

12:07

also failed now when that company went

12:09

public I had and rent had an opportunity

12:13

to sell shares in acent before the

12:15

failure we did not that's actually

12:18

remarkable and that's actually where a

12:20

lot of straightup falsehood in the last

12:22

you can look it up public filings

12:23

everything else that part does not

12:26

matter though because during the phase 3

12:30

development and during like in other

12:33

words well there wasn't really

12:34

development it was trials during phase

12:35

three because the drug existed it was a

12:37

failure drug right so you have to think

12:39

about it it's a failure drug you IPO it

12:42

it's worth billions of dollars what do

12:44

you do with the value the market cap of

12:46

that drug what do you do with that which

12:49

is now they they had to Rebrand the

12:51

company uh Gene therap C gene therapy

12:55

stock they had to Rebrand it because it

12:57

was such a failure they wanted to hide

12:59

it uh obviously the internet doesn't

13:01

forget but anyway what do you do for the

13:04

years that the market cap is high at

13:07

this company right during 2015 to 2017

13:12

before you release the phase three

13:14

trials showing that the drug you already

13:16

knew was a failure you already knew it

13:18

was a failure before you release to the

13:21

world that it was a drug what do you do

13:24

well you end up propping up a brand new

13:27

company uh basically the holding company

13:30

realan Sciences right and you're able to

13:33

prop up and build this company this new

13:35

company and get funding for other

13:37

projects so in other words it's kind of

13:39

like you take a failed drug you Market

13:41

it as a success you IPO it now the

13:44

company is worth billions of dollars

13:46

with that clout you go create the rest

13:49

of your Pharma company and go market

13:52

other drugs because other companies are

13:54

like crap okay if you can Market a

13:55

failed drug you can Market our drug and

13:58

they partner with with Viv on marketing

14:00

these other drugs and that's how you

14:02

build what's now Rance Sciences which is

14:06

a multibillion dollar company so my

14:07

whole criticism is that the leverage the

14:11

power that this failed drug gave

14:13

vake created the company that he owns

14:16

now or what like 10 to 15% ownership and

14:19

now that's the idea it doesn't matter

14:21

that you didn't sell shares anyway so I

14:23

just wanted to add that color since some

14:25

people in the comments were confused uh

14:27

thinking that I wasn't fully Ware of all

14:29

these other details it just doesn't

14:31

change anything okay it still makes me

14:33

suspicious about his past and his

14:35

intentions but it doesn't mean I dislike

14:38

some of the things that he says it is

14:39

also interesting to note which we may as

14:41

well just touch on uh in this video uh

14:43

that uh Elon Musk is not very happy

14:46

about uh about Soros uh Elon Musk has

14:49

revealed his plans to potentially even

14:51

sue a non-government an NGO a

14:54

non-government organization funded by

14:57

George Soros uh that's because Michael

14:59

shellenberger uh recently uh posted an

15:02

article discussing basically a George

15:04

Soros packed NGO pushing sensorship in

15:07

Ireland arguing that uh basically uh

15:11

there are differences in the way hate is

15:12

being reported versus what's actually

15:14

happening uh and this is pissing Elon

15:16

Musk off because rightfully so if people

15:18

are like oh hate is rising because of

15:20

Twitter or whatever and potentially Elon

15:23

musk's involvement but it's actually not

15:25

then the truth is hate isn't going up

15:28

but companies are making it seem like

15:30

they are so they can get more donations

15:31

right the more a company like an NGO can

15:33

imply there's more hate than is actually

15:35

happening the more donations they can

15:37

get that's the way it works if there's

15:39

no egregiousness then you don't get

15:41

donations like climate change activists

15:44

only get donations when they're in the

15:46

media and there's like some egregious

15:48

cause that they have to fight that's how

15:50

they get donations okay that's how the

15:53

nonprofit World works you pay yourself

15:55

big salaries at nonprofits so that way

15:57

you profit but your your fund is

15:59

technically nonprofit uh and then you do

16:01

egregious things to get attention more

16:03

attention you get the more donations you

16:04

get welcome to capitalism in the

16:07

nonprofit world where you don't have to

16:08

pay taxes anyway uh Soros donates to a

16:11

lot of these different funds uh Elon

16:13

Musk is suggesting hey you know we're

16:15

going to go after these foros backed

16:17

Soros backed foundations he does not

16:19

like Soros backed individuals Elon goes

16:22

as far saying X will file legal actions

16:25

to potentially stop George Soros that

16:28

puts a lot of burden on EX shareholders

16:30

which are probably already not doing

16:31

well especially since advertising

16:32

revenue is down 60% but keep in mind

16:35

being Soros backed not a good label you

16:37

know who else was Soros back Alvin Bragg

16:40

uh now they argue no Bragg no brag Bragg

16:43

wasn't directly donated to by George

16:45

Soros uh it was actually the political

16:48

arm of color of change a progressive

16:50

criminal justice group that received uh

16:52

many many millions of dollars from

16:54

George Soros and they just happened to

16:56

contribute millions of dollars of

16:58

campaign expenses towards Mr Bragg so in

17:02

other words yes Bragg was Soros back

17:04

anyway so that kind of puts all of this

17:05

together for you yes VI took scholarship

17:08

money uh from uh Soros yes he was making

17:11

a lot of money at the time is it a big

17:13

deal no is it going to hurt his

17:15

candidacy not at all congratulations man

17:18

you have done so much people love you

17:19

people look up to you which I say yes

17:22

meet Kevin where does this mean we are

17:24

in the economic cycle should we be

17:25

thinking about buying real estate should

17:27

we be thinking about buying stocks I

17:28

have a background in real estate as a

17:30

real estate agent real estate broker

17:32

real estate investor a stock market

17:34

investor and fund manager why not

17:36

advertise these things that you told us

17:38

here we'll we'll try a little

17:39

advertising and see how it goes always

17:41

great to have you on Kevin PA there

17:43

financial analyst and YouTuber meet

17:46

Kevin

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