Verdict with Ted CruzJune 20, 202633m

Musk becomes Liberal's Public Enemy #1, Georgia Election Turning Heads & College Sports Bill a Reality Week In Review

Showing mention at 2:26 — highlighted below

Transcript

99 segments
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This is an I-Heart podcast. Guaranteed Human. Why should you listen to Armstrong and Getty on demand? We're not boring. A lot of news is boring. And tedious. And depressing. And makes you angry. You don't want to live your life like that. Hey, I'm Jack Armstrong. He's Joe Getty. We're Armstrong and Getty. We try to bring you the truth. And help you figure out this crazy modern world. How about something about a comedic tone? We have a winner. Listen to Armstrong and Getty on the IHeart Radio app. Apple Podcasts or wherever you get your podcasts. The Joel Osteen Daily Podcast. God's plans for you are for good. Be inspired. Get ready. God is about to exceed your expectations. Joel Osteen Daily podcast. You are coming out of that dry place into more than enough. Daily encouragement right when you need it. There are opportunities in your future bigger than you can imagine. Listen to the Joel Osteen Daily podcast on the IHeart Radio app, Apple Podcasts, or wherever you get your favorite podcast. Welcome, and his verdict with Ted Cruz. We can review Ben Ferguson with you. And here are some of the stories that you may have missed that we talked about this past week. First up, Elon Musk becomes enemy number one by the Democrats. Why? Because he's successful. And it becomes the first trillionaire in the world's history. So what do they want to do? Well, they want to steal all his money. And we break that down for you. Also, a big election night result in Georgia. And what does it mean looking ahead to the midterms? We break it down for you. And finally, a bill that is actually moving through Congress that is now quite possibly going to save college sports. It's forever. It's the weekend review, and it starts right now. By the way, that's the liberals are all they're going to hear from the show. I'm going to be very clear, 20 minutes in, is you said that Elon Musk should be carved into Mount Rushmore. That will be the headline. I just want to predict that right now, but keep going. It may well be, although what I said is if the leftist believed what they said, they should carve it. They should be doing it. Because there is literally no human being who has existed in the history of humanity. who has done more for electric vehicles than Elon Musk. But you know what? They hate him now. You know how he could change that? Do you know whose wealth they're not calling to confiscate? George Soros. Oh, of course not. No, no, if you're a leftist, if you pay, he's a massive billionaire. By the way, he made his money on arbitraging currency on essentially betting and bankrupting lots of people. He made his money in a very, very cynical way, shorting the British pound and causing enormous devastation. That's quite different.

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from how Elon Musk made his money building companies that employ thousands of thousands of people innovating and transvent forming the world. But you know what? The left loves George Soros because he funds their Marxist ideology. Look at Graham Platner, who we've talked about. Plattenor's biggest donors are four different multibillionaires. And they'll sit up there saying the oligarch, no oligarchs is on their sign. And those signs are literally being paid for by billionaires. That's like Hypocrisy 101. And by the way, Bernie Sanders and Alexandria Ocasio-Cortez's No oligarch tour, they flew in private jets from stop to stop to stop. So you get off your private jet and say, oligarchs are terrible. Yeah. And I don't know if you saw it was very funny, Bernie was doing an interview and asked, well, Bernie, how did you become a millionaire? And he said, oh, by writing anti-capitalist books. Yeah, which... Capitalism caused him to become a millionaire, which he was writing books against. Look, there's a principle here that I think is really important for folks listening to Verdict to understand. The beauty of free enterprise is the way you succeed is by making others succeed. Let's take Tesla as an example. If Elon Musk made crappy cars, they didn't work, they were ugly, if they were slow, they broke down a lot. nobody would buy them. And you know what? If nobody buys his cars, he doesn't make any money and he goes broke. Like free enterprises is ruthlessly efficient. If you can't solve a problem and improve people's lives, not only do you not make money, you go out of business. How do you make a ton of money? You make a product people like that is better than the alternatives on the market that people are willing to pay for and they're happy for. If you look at whether it is SpaceX, whether it is X-A-I, whether it is Starlink, whether it is Tesla, whether it is the boring company. The he's filling a need that doesn't exist in the market. And I think for those who, in terms of connecting, say, a busy downtown where there's a ton of traffic, the ability to tunnel down and suddenly double your usable space, that is a transformational technology. Now, Ben, do you remember why he created the boring company? Why was that? Because Elon Musk has a unifying theme with all of his companies. and it is going to Mars. He's filling a need that doesn't exist in the market. And I think for those who, in terms of connecting, say, a busy downtown where there's a ton of traffic, the ability to tunnel down and suddenly double your usable space, that is a transformational technology. Now, Ben, do you remember why he created the boring company? Why was that? Because Elon Musk has a unifying theme with all of his companies. And it is going to Mars. And he is focused. When we interviewed him, we talked about this, him saying getting a person to Mars was like a life dream goal of his.

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Look, not just getting a person to Mars, building a civilization on Mars. Because unlike the Marxists who have all of these apocalyptic language about how climate change is going to destroy us, mind you, their solution is, so put us in charge of your life. Let us be dictators because of climate change. Elon Musk's solution is okay. Elon Musk's solution is, okay, if the Earth is going to be destroyed, I don't know if it is or not, but if it's going to be, let's go build a new civilization. And that's what he's working to do in each of his companies. Look, SpaceX, Starship is designed to actually get us to Mars, not just get humans to Mars, but get enough equipment, get enough materials that we could build a civilization. Tesla electric vehicles are designed to power. transport on Mars. The boring company is designed because to build a civilization, to build a city on Mars, you need to dig tunnels. And so there wasn't, nobody was doing that. And so he built a whole company to do that. X-AI, the AI will be needed to build the Mars civilization. We asked him in the interview. said, what do you want to be remembered for? And he said, getting mankind to Mars. And I asked him, I said, do you want to die on Mars? And he said, yes. There was a long pause, by the way, which was really funny. He said, on Mars, not getting to Mars, right? There was anyone to distinguish that very clearly, if I remember right. Well, what he said is yes, hopefully not on impact. Yes, there you go. Which I thought was quite good. Look, that's how you innovate with capitalism. You create a solution. And what is the reaction of the left? It is envy. And we've heard Bernie Sanders. We heard Elizabeth Warren. I want you to listen to Jimmy Kimmel to really embody the leftist. envy and contempt. Give a listen. First ever trillionaire in the history of the world. This man, our first trillionaire, the richest man in the world, is also one of the weirdest people we've ever seen on this planet. This obscenely wealthy weirdo has the ability and means to blow up the moon if he chooses, and also to put a lot of other people's money in his pockets. You listen to that, just the disdain there. It is a coordinated effort, which goes back to my final question center, and I'll make a prediction here. I believe that the Democratic Party, if they gain power again in the House, Senate, certainly the White House, they will go after Elon Musk and every one of his companies and every one of his government contracts because of what he did with Doge and the fact that he was an ally of President Trump, even though they've had their own little fights, they will move to destroy him and make sure that there's no part of our U.S. government that uses anything that he touches. You are absolutely right and understand these are not the Marxist of the like sit in a faculty lounge and muse abstract theories. These are the Marxists of the Stalinist kind, of the kind that go and crush their enemies. If the left takes over, if Alexandria Ocasio-Cortez or Gavin Newsom or some other leftist becomes president, you will see every single federal government agency.

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weaponized and targeting Elon Musk. You will see them denying him licenses to launch satellites, denying him canceling his contracts, the EPA shutting down his launches, Tesla being investigated by OSHA, by the IRS. Elon Musk personally, they will make it their mission. This cannot stand is what Bernie said. They want to destroy him for daring to demonstrate that free enterprise works. And I want you to think back again to what Jimmy Kimmel said, which is he makes obscene amounts of money by getting other people's money. And let me just ask a very simple question, Jimmy. How? How does he get other people's money? And he does it one of two ways. One, he does it by running a business. It's very profitable. So he builds a car people really like, and they decide, I like this car better than all the other cars, and it's really good and it's fast, and it's super environmentally clean, and it looks cool, and it's self-driving, so I want to buy it. So he produces a product people really like and want, which, by the way, is also much, much better for the environment, which you hypocrites claim to care about. But there's a second way. How did he make so much money this week? Well, he sold 550 million shares of stock. And you know what? Unified every single person who bought that stock? They all wanted to make money. They did so voluntarily. Nobody forced them. 550 million decisions of people who said, I would like to purchase at least a share of SpaceX. I want to buy that. And by the way, It's not just gazillionaires. It's lots of moms and pops, lots of ordinary people. And you know what? You and I, we probably don't know this, but you and I are both probably, and most of our listeners are probably SpaceX stockholders too, because many of the purchasers were pension funds 401K. So if you're in a widely diversified mutual fund, which most of my retirement savings are in mutual funds, many of them bought SpaceX as part of their portfolio. The people who purchased, he is literally making Americans rich all across the country. And if you're really good at that, You make a bunch of money too. Leftists hate that. They want to destroy you. And they also want to take the money. They want government in charge of it. And they want the only way you can make money is for government to give you a check every month. So you got to go vote to reelect the Marxists and keep them in power. I want to say to Elon Musk, Gwen Shotwell, to everyone at SpaceX. Congratulations. This was an historic week. God bless capitalism. God bless liberty. Now, if you want to hear the rest of this conversation, you can go back and listen to the full podcast from earlier this week. Your faith runs deep, deeper than the words on the page, and somewhere in the back of your heart you've always known. There was a place where it would all make sense in a way nothing else ever could. That place is Israel, where the Bible isn't history.

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It's the ground beneath your feet where the Sea of Galilee still shimmers at dawn and the streets of Jerusalem still echo with a story that changed the world. Believers who go come home. Different, more grounded, more certain, more alive in their faith than they have ever been. That's what Israel does. I am Israel. Come experience the journey your faith was made for. Start planning your trip today. Follow Visit Israel on social media. That's Visit Israel on Facebook and Instagram. Why should you listen to Armstrong and getting on demand? We're not boring. A lot of news is boring. And tedious. And depressing. And makes you angry. You don't want to live your life like that. Hey, I'm Jack Armstrong. He's Joe Getty. We're Armstrong and Getty. We try to bring you the truth. And help you figure out this crazy modern world. How about something about a comedic tone? We have a winner. Yes. Listen to Armstrong and Getty on the IHeart Radio app. Apple Podcasts or wherever you get your podcasts. The Joel Osteen Daily Podcasts. God's plans for you are for good. Be inspired. Get ready. God is about to exceed your expectations. Joel Osteen Daily podcast. You are coming out of that dry place into more than enough. Daily encouragement right when you need it. There are opportunities in your future bigger than you can imagine. Listen to the Joel Osteen Daily podcast on the IHeart Radio app, Apple Podcasts, or wherever you get your favorite podcasts. Now on to story number two. But there is a story that is not being covered, that is an important story, and that is there was actually an election in Georgia. You were involved in it. You went down to Georgia. Was that yesterday or the day before? Every day is running together now with the flight times and, you know, whatever time it is in the morning as we speak. But you were just there and made an endorsement there, or a couple actually in Georgia. What has happened there and what does this mean for the control of power in D.C.? Yeah. So it was yesterday, and there was a, the Georgia primaries were tonight, Tuesday night in Georgia. And in the governor's race, you had a guy named Rick Jackson, who's a very successful businessman who was running against Bert Jay Jones, who's the lieutenant governor. And early on, President Trump had endorsed Bert Jay Jones. And just a few days ago, I endorsed Rick Jackson. And that caused the press to like the, the, tongues to wag and being like, oh, this is a big conflict. I will say, look, my approach on endorsements is, number one, I endorse the most conservative candidate who can win. Yeah. And so I want to see proven evidence that you're conservative, but I also want to see that you can win, that you've got a path to victory, not just in the primary, but in the general.

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Number two, I tend to get involved in races late. That's my philosophical approach is that I try to get involved right before election day, hopefully at a time when the election is close and my involvement can make a difference. It can move someone into victory. And so I jumped in this race just a few days ago. Yesterday, the day before the election, I flew down to Georgia to Atlanta, did a big rally with Rick. And I got to say, so Rick's story, let me tell you a little bit about the guy. And I did not know him until the last few days, but I looked at his record. I examined it. I talked to people and knew him, and I made the decision to endorse it. So his story, he grew up in a broken home in the projects in Atlanta. poverty, dysfunction. As a young boy, he ran away from home. He ended up going into the foster home system. As a child, he had five foster families. So that's what he came out of. He then went on to college, spent, I think, a little over a year in college, dropped out of college, did not succeed in college. And he went and got a job. This is a cool story. So he went and interviewed to work for a company that was engaged in health care sales. He did the interview. He did pretty well. And then the guy interviewing him said, I'm sorry, look, we only hire people who have college degrees. You dropped out of college. We're not going to hire you. And Rick said, okay, that's fine. He said, can I ask you just out of curiosity? What did the job pay? And the guy said, well, it paid $1,500 a month. plus 33% of all the sales you make. And Rick came back. He said, I'll tell you what. How about if you don't pay me the $1,500 a month, don't pay me anything, but just give me the 33% of the sales. And the guy kind of laughed. He said, well, that sounds like a good deal. I don't have anything to lose on that, do I? So he hired him, even though he didn't have a college degree. He came in and was a monster salesman. ended up making so much money that within two years, he bought the company that had hired him. Wow. And he ends up building this company into a massive multi-billion dollar healthcare company in Georgia. He's one of the biggest employers in the state of Georgia, incredibly successful businessman, self-built from nothing. Yeah. He now has been an incredibly generous philanthropist. He's decided, look, I don't want to take, he's worth several billion dollars. He's very successful. And he said, I don't want to take this money with me. So I'm going to give it away and make a difference to the world around me. So for example, on foster care. He has given millions to help foster kids in Georgia. So kids that are in foster care, he'll come in and say, you know what, I'm going to pay for you to go to college. I'm going to pay for your expenses. I'm going to help you get started because he's been there. Look, so many foster kids, they've been subject to horrible conditions. They've often been subject to abuse, sexual abuse, physical abuse. They're the kids that it seems sometimes society gives up on.

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And he understands firsthand. Look, you can be in that circumstance and you can make something of your life and make a real difference. And so he's invested in these kids that have every disadvantage. I'm going to help them achieve their dreams. He's also funded Christian ministries all over the world. For example, he's funded a Christian orphanage in China. that my understanding is it's the lone orphanage that's able to teach Christianity in China. So he's putting, look, you and I are both Christians. It's one thing to have empty words. It's one thing to say you have faith. It's another thing to put your faith to action, to invest and make a difference. And Rick decided, okay, I'm going to run for governor. because I think I can make a difference. And I looked at his record and I said, this guy has an incredible, I mean, an inspirational life story and I think he can win. And so I endorsed him. I went down, we did a big rally in Georgia. And I'm going to give you some fun behind the scenes story. So as we're coming in, I fly down there on Monday. We're going to the rally. And Trump had endorsed his opponent, this guy named Bert Jay Jones. I don't know, Bert Jay Jones. I'm sure he's a perfectly decent and fine man. He's the lieutenant governor. He endorsed early, right? So people understand the timeline. He endorsed early before Rick was in the race. And so I understand. That's a key point. Yeah. He went for who he thought at the time. The other guy wasn't in yet. Yeah. Jay Jones was the lieutenant governor. He was running. And so Trump endorsed early. Rick wasn't in the race. So Rick was actually at the White House a big fundraiser this weekend. And, you know, Trump was saying, hey, this guy's great. He's awesome. He's incredibly successful. I didn't know him. But he was like praising him vocally at this fundraiser this weekend. As I'm flying in, I'm headed to the event and we get the news. that Donald Trump Jr. is going to endorse Rick Jackson. Now, that's a big deal because the main argument against him, what everyone was pounding him is that Trump, Trump the dad had endorsed his opponent. You know, tons of campaign ads saying Trump picked the other guy. And we get the news that Donald Trump Jr. was going to endorse Rick. And it was actually fun as I'm headed to the event. The campaign said, hey, do you want to announce Donald Trump Jr.'s endorsement? And listen, Donald Trump Jr. is a buddy of mine. I know him very well. And I was like, yeah, sure. And I said, look, I just want to help your campaign. So if it's helpful for me to announce it, I'm happy to. If it's not, like it's your call, but I'm more than happy to. And they ended up deciding that Donald Trump Jr., the actual endorsement statement was not going to use the word endorse, but was going to praise him as like he's a great patriot. I know him well. And he's fantastic. And he's America first. And the timing ended up working out. I said, sure, I'm happy to announce it. But then they didn't end up approving the statement for another two hours. And it just, look, it takes some time. When you're right before an election and you're trying to decide going through a political operation, it takes some time to approve it. So I said, I'm happy to announce it. It wasn't finalized. So I did not, in fact, announce it from the stage. But right after I left.

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Donald Trump Jr. tweeted out the support, and tonight, Rick ended up winning. The margin as of tonight, 99% is in, is 52.6% to 47.4%. It's a great victory. And I think, so one of the cases I made to the voters, we had a big, big rally in Georgia. And I said, listen, Rick's life story is incredible. He's campaigning. On a promise, number one, to immediately freeze property taxes in Georgia. That's big. Number two, on income taxes to cut the Georgia income tax in half and ultimately to work to abolish it all together. And what Rick has said is he said if he doesn't succeed in freezing the property taxes and cutting the income tax in half. he will not run for re-election. He will serve one term. If he fails in that, he's not running for re-election. And I made a point to everyone. I said, listen, I've got a crazy secret here. Rick is rich. Like everyone laughs. I'm like, yeah, look, this is an incredibly successful dude. He could play golf every day. He could sit on the beach and drink dafferies and live a life of leisure. And I said, listen, to run for office. You've got to be nuts. You've got to be certifiable. You get attacked constantly. There's so much. And Rick is doing this. The case I made, I said Rick is doing this because he believes in Georgia. He believes in the country. He believes he could make a difference. And listen, Georgia used to be bright red. The unfortunate reality is it's purple now. And the Democrats, right now the Democrats are leading in the polling for the governor's race. I think Rick will win. I think Rick will keep Georgia red. And I also made the case. I said, listen, by y'all coming out and voting for Rick, we're going to help Jon Ossoff get a job in the private sector. Jon Ossoff is the very liberal Democrat who represents Georgia. He may be the senator. who is most at a step with the values of his state, because he's a very liberal Democrat. Georgia's not a very liberal state. But he's got a ton of money, and he's right now leading in the polls a lot. And I said, listen, if you want to win the Senate seat here in Georgia, the best way to do it. is have a gubernatorial candidate who's running an incredible campaign, who's mobilizing voters across the state, who, by the way, I mean, Rick has put massive millions and millions of dollars in the campaign, so he's funding it himself. And if you end up with a gubernatorial candidate at the top of the race who's turning out a ton of voters, that's how you have a chance to win the Senate race also. And I got to say I'm gratified. The voters of Georgia agreed, and we had a big, big win in Georgia tonight. As before, if you want to hear the rest of this conversation on this topic, you can go back and download the podcasts from early this week to hear the entire thing.

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Your faith runs deep, deeper than the words on the page, and somewhere in the back of your heart you've always known. There was a place where it would all make sense in a way nothing else ever could. That place is Israel, where the Bible isn't history. It's the ground beneath your feet, where the Sea of Galilee still shimmers at dawn, and the streets of Jerusalem still echo with a story that changed the world. Believers who go, come home. different, more grounded, more certain, more alive in their faith than they have ever been. That's what Israel does. I am, Israel. Come experience the journey your faith was made for. Start planning your trip today. Follow Visit Israel on social media. That's Visit Israel on Facebook and Instagram. Why should you listen to Armstrong and Getty on demand? We're not boring. A lot of news is boring. And tedious. And depressing. And makes you angry. You don't want to live your life like that. Hey, I'm Jack Armstrong. He's Joe Getty. We're Armstrong and Getty. We try to bring you the truth. And help you figure out this crazy modern world. How about something about a comedic tone? We have a winner. Listen to Armstrong and Getty on the I Heart Radio app. Apple Podcasts or wherever you get your podcasts. What God started in my life, he's going to finish. The Joel Osteen Daily Podcasts. Surely goodness and mercy will follow me all the days of my life. What was meant for my harm, Lord, I want to thank you right now. You're turning to my advantage. Your daily source of hope and encouragement. Your second wind is on its way. God is about to breathe on your life in a new way. Listen to the Joel Osteen Daily podcast on the IHeart Radio app, Apple Podcasts, and wherever you get your favorite podcasts. I want to get back to the big story number three of the week you may have missed. All right, so, Senator, let's move into this is something you've been really working on. This is the most, like, jock bro I've ever seen you since I've known you, and it's really been fun for me. Because usually you're geeking out over, like, Supreme Court stuff. I feel like our friendship has moved to another level because now we've got to talk sports and NIL so much. And the college sports bill, it is now reality. Let's walk us through how this was done and what it means for sports fans and saving many sports that were getting canceled around the country that were non-manned. money-making sports. So this week was a very, very big week for college sports because the Senate Commerce Committee, which I chair. passed my legislation to protect college sports. And it passed with a big bipartisan vote. The vote was 19 to 9. So we got a bunch of Republicans, bunch of Democrats. We got more than two-thirds of the committee voted for it. That's really important. It has momentum now going to the Senate floor. I think it's going to pass on the Senate with a big bipartisan vote, and it's going to go to the House, and President Trump is eager to sign it. Now, what's going on in college sports? Listen, college sports.

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is in crisis right now. Every week you see another story about a program being canceled, women's sports being canceled, track and field being canceled, Olympic sports being canceled, non-revenue sports, tennis being canceled. Yeah. And what is happening is you've got total chaos with the transfer portal. You've got athletes transferring two, three, four, five times. You have essentially no rules on eligibility. They're all being decided by lawsuits. It got so ludicrous. You had the Brendan Sorsby case where even though he was gambling on his own games, you had a hometown judge say, no, he can still play anyway. Now, thankfully, Texas Tech backed away from that decision. I'm glad Tech made that decision to back away. That was an indefensible decision. But it illustrated the chaos we have. You have people that are... 26, 27 years old still playing college sports and 28-year-olds playing against 18-year-olds, which is not fair, not right. And athletic programs, they're almost all losing millions of dollars. Many of them are losing tens of millions of dollars because the cost keeps spiraling out of control. And Ben, if Congress doesn't act, I think five years from now, there will be 30 to 50 competitive college football programs, basically a mini NFL. Yeah, that's what it will be. It'll be a franchise. If you're an SEC school, you'll own a franchise. Yeah. And I think all of the other programs go under. And what that means, by the way, that's not just college football going under. The way athletics works in colleges is football pays for everything else. And so if football goes under, it means those schools, they lose women's sports, they lose their entire athletic program. It means our Olympic athletes are just devastated and the college programs where they develop their skills right now go away. And I think that would be a terrible outcome. And it would also be a terrible outcome. Do you know right now there are more than 500,000 college athletes competing at any given time? Yep. If we allow this chaos to continue to play out, hundreds of thousands of those slots will disappear, those scholarships will disappear. And sports has been an avenue. For millions of young men and women to go to school. Let's be clear. The 500,000 you just mentioned, and this is the part I want people to understand, the majority of college athletes, like 90s, I think some, I saw a study, you may know the number, I want to say it was 98 or 99% of college athletes do not play football or basketball. So if you think about college sports, It is all the other sports. The majority of them are not revenue making sports. Football barely is on most campuses. Sometimes, and depending on what school you're at, if you're at a basketball school, then that will be your revenue sport. Outside of that, almost all the others lose money. Yep. If you don't fix this.

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Everything goes away. And then many of those football programs at 1% of the student body or basketball, which is, I mean, most basketball teams, they have, I think, scholarships twice. I want to say, it's nine in D1. Maybe it's 11 scholarships. I can't remember. They're always moving it around. But for men, like, that's not many people, folks. If you don't fix this, you have a university that now has this doesn't even have an identity in sports. Yeah, look, look, my philosophy in addressing this was, was number one. I didn't worry too much about the powerhouse programs, the big, big programs. Listen, in Texas, University of Texas and Texas A&M, I love them both. I go to games every year. I cheer them on. They're incredible institutions. To be honest, UT and A&M, they are going to survive and thrive regardless of what happens. They would survive the mini NFL and they'd continue to win national championships. But I worried about all of the other programs. To be honest, if we don't act, I'm not convinced any other program in Texas survives. And if you can imagine a Texas without SMU, without TCU, without Baylor, without Texas Tech, without Rice, without University of Houston, that would be a tragic outcome. And so my focus was on maintaining the entire ecosystem. But secondly, my focus was not on the superstar athletes. If you're Michael Jim Jordan, if you're Archmanning, you know what? You're going to get millions of dollars. You're going to be on the Wheaties box. You're going to do great. 99% of college athletes will never play in the NFL, will never play in the NBA. But yet... athletics is their ticket to college. Look, it was for you. Playing tennis is how you went to Ole Miss. I'll be honest with you. I'm not sure I would have gone to college if it wasn't for having the scholarship, which came through tennis, to pay for college. My family did not have a lot of means. And my dad was the first to admit. And it was like, if you want to go to college. If you want to go to good school, you're going to have to get there and earn it. Sports was my way in. It wasn't going to be the academic road, and that's another avenue you can go. But sports was, and for many of my friends, it was a savior to a better life afterwards, a better member of society. By the way, we pay a lot more taxes when you're successful. So it's a great reinvestment in the country from that standpoint as well. You want your kids to go to college. But for so many, I had roommates, they would have never gotten into college. If it wasn't and got in their family, many, I had two different roommates. They were the first kid in their families to ever go to college. It completely changed the trajectory of their family tree. And it was because of athletics. Well, and some people have said, well, why is Congress getting involved in college sports? And the reason is it's federal laws that Congress has passed that created this chaos. It's why all of the rules got thrown out because they're being sued under existing federal law and every rule keeps getting thrown out. And so Congress created the problem, which means only Congress can fix it because only Congress can alter that federal law. And if we don't act...

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we can see the crisis unfolding around us. And for millions of young men and women, many college athletes are coming from economically disadvantaged circumstances. Many of them are African American or Hispanic. Over years and decades, we're talking about millions of young men and women who this may be their only path to go to, A, going to college and getting education. But B, learning the disciplines that come from being in organized sports of teamwork and hard work and discipline and sportsmanship. And look, I didn't have the skills to play college sports. I would have loved to. But I played high school sports. And it was, you know, being on, I played basketball and football and soccer. And being on a team in high school, those are really important skills. And it's amazing. I actually asked this at our Senate Republican lunch. I said, all right, how many people around this table? played college sports. And I would say about 20% of the Republicans in the Senate raised their hand and they were college athletes. I mean, that's true. And that's true. You find that with CEOs. You find that the discipline and nobody in the Senate played professional sports, but the discipline and the skills you learn set you up for success in life. Let me ask you one final question on this. Who was behind this that surprised you the most? Nick Saban was one that I was excited to see that the African American University of Memphis, my hometown football coach, he got behind this and had some great testimony there in front of you guys. I was proud of that as well. But who shocked you that was behind this? So the support we've seen has been overwhelming. 24 conferences have endorsed this bill. They represent those conferences represent over 200 different colleges and universities. enthusiastically supporting the bill. The NFL endorsed the bill. The NBA endorsed the bill. Major League Baseball endorsed the bill. The NFL Players Association endorsed the bill. The NBA Players Association endorsed the bill. The college football association endorsed the bill. We've had Nick Sabin is endorsed it. John Kalapari led over 100 college coaches who have endorsed the bill. The U.S. Olympic Committee endorsed the bill. So we've seen just enormous support. And I will say the primary opposition came from the leadership of the Big Ten and the SEC. And look, the SEC is really important in Texas. Obviously, UTA and M. I think they're great. If Congress doesn't act, I believe the SEC and Big Ten want to create a Super League where they're the only football that exists and everyone else goes out of business. They have a billion-dollar franchise organizations. That's what they would have. And that is a terrible outcome. We explicitly prohibit a Super League in the bill because I want to keep all the other programs alive. Yeah. That's where the resistance has come from. I think we're going to end up having a big, big bipartisan vote. on the Senate floor. My objective is to do this. Get it done. Get it passed. The president's eager to sign it and do all of that before school starts this fall. As always, thank you for listening to Verdict with Senator Ted Cruz, Ben Ferguson with you. Don't forget to download my podcast, and you can listen to my podcast. Every other day, you're not listening to Verdict or each day when you listen to verdict afterwards. I'd love to have you as a listener to, again, the Ben Ferguson podcast, and we will see you back here on Monday morning.

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