September 26, 2025 • 7 mins
Interview & Analysis: James Comey Indictment & TikTok Deal w/White House Correspondent Jon Decker
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:04):
Faith Freedom, Florida. This is the Brian mud Show. All right,
speaking of.
Speaker 2 (00:12):
Return on investment, we'll talk about TikTok here at a moment. First,
we have a couple pieces of breaking news later in
the day yesterday, the indictment of James Gummy, former FBI director,
two counts. Our White House correspondent John Decker, good morning, Hey.
Speaker 3 (00:31):
Good morning to you, Brian. That's right, late breaking news
impacting James. Call me. This really will impact his life
in a very real way when you have the United
States government going up against you. President Trump of course
experienced that, and now James Comy will experience that. And
we'll see how this trial proceeds. We'll see if it
gets to a trial, even after this indictment on two
(00:52):
charges yesterday brought forward by a grand jury in Northern Virginia.
Speaker 2 (00:56):
All right, John, I got some thoughts here, and I'm
really to get your feedback on it. So I don't
believe that there's very brillianty chance of Comy would serve
jail time.
Speaker 1 (01:08):
And I take a look at a couple of things.
Speaker 2 (01:09):
I mean, first, when you take a look at the
indictment here, just trying to get these charges in before
the statute of limitations would run next week in the
grand scheme of what he's alleged to have done with
the conspiracy on Trump Russia collusion, going back to when
Trump was a candidate, then the president liked, and eventually
the president. I mean, this stuff first kind of pales
(01:31):
in comparison. But secondly, you know, John Durham detailed everything
very well in his report, and he tried to bring
a couple related prosecutions in in DC and without those juries,
and he had very solid cases, in my view, and
they went nowhere. Juries would not, even with what would
seemingly be very compelling, you know, prosecutions go along with it,
(01:55):
And so.
Speaker 1 (01:55):
Durham gave up. He put out his report, and here
we are.
Speaker 2 (01:59):
I cannot envision a world in which a DC jury
is going to find James Comy guilty of something, given
the underlying circumstances and the opposition to Trump in that area.
Speaker 3 (02:11):
Your thoughts, well, I don't yeah, I don't know if
this changes your thoughts in any particular way. But the
indictment was brought in the Northern District of Virginia, Virginia,
not in d C. And as a result, it will
not be a DC jury that would hear potentially this case.
It would be a jury pool from Northern Virginia, which
(02:31):
is a jury pool which leans blue, it votes democratic.
But still it's not the same as a DC jury pool.
That being said, it's tough. You know, getting an indictment
is different than getting a conviction. That's an entirely different ballgame.
And as you point out, they've waited, they being the
Justice Department prosecutors and the team that works on behalf
(02:56):
of the DOJ, that works on behalf of the president,
they've waited until essentially the eleventh hour to bring this
indictment against James Comy in that, as you point out,
the statute of limitations was expiring this coming Tuesday.
Speaker 1 (03:09):
Yeah, and John, you that is an excellent point.
Speaker 2 (03:13):
Did note the Northern Virginia And so yeah, I mean,
if we're talking about statistically and really, you know, justice
shouldn't look this way, but it does, frankly. And so
you know, you have about ninety two percent of DC
that is animated against Trump based upon election outcomes, and
you're talking about you know, seventy thirty kind of territory
in Northern Virginia loosely so it's there there is a
(03:35):
little bit of greater chance you could find a jury
that might be more persuadable than perhaps in d C,
but not necessarily a lot. So yeah, I mean, I
think you raise a great point, But yeah, I'm still
I'll believe that there is a conviction here one night
when I see it. Meanwhile, the TikTok situation, I found
(03:59):
this to be very interesting about that.
Speaker 1 (04:02):
I think I was in bed already by the time
I got the news.
Speaker 2 (04:04):
I was going to say I fell off my chair,
but I didn't roll out of bed, but I wanted to.
Speaker 1 (04:08):
It's like, how was Aina part of this group?
Speaker 2 (04:11):
So walk us through first this TikTok deal, and then
I want to talk a little bit about the underlying
circumstances here because it's fascinating.
Speaker 3 (04:19):
Well, the reason why there's a deal in the first place,
and we'll get to whether this deal is actually a deal,
But the reason why there's the deal is because of
a bipartisan piece of legislation passed by the last Congress,
signed by President Biden that ordered the parent company of
TikTok by Dance to divest itself of TikTok. And that's
exactly what is occurring. According to the President, it's a
(04:43):
US based investor group that's being led by some well
known companies and well known investors, including Oracle and the Murdochs.
Of course, that's the family that owns News Corp. And
Fox News. They will own eighty percent of the company.
Twenty percent will still be own by Byte Dance. I
say the deal may not happen in the sense that
(05:06):
I haven't seen a similar type of statement coming from China,
coming from the Chinese government that deal has been reached,
and that's an important element. You know, you can't have
a deal, the President says. This says it relates to
the war in Ukraine. Often it takes two to tango. Well,
it takes two to tango for a deal as well.
And you know, it's just me being a skeptic. You know,
(05:26):
I realized there was an executive order signed by President
Trump yesterday and there were a number of US officials
that worked for the President in that Oval office yesterday
when the President signed that executive order related to the deal.
The Attorney General was there, the Vice President was there.
But well, I think to me, it's important to see
that Beijing recognizes that a deal is in place and
(05:50):
that byte Dance will essentially be taken over by American investors.
Speaker 2 (05:54):
That is a great piece of insight, John, because you're right,
it has just kind of been taken a face value
as though, hey, this is going to happen. And on
the financial side, to me, I was taking a look
at this. Fourteen billion is the tag we're hearing for
the US interests. I'm like, what in the world the
technology alone, just the algorithmic technology and the interface of it.
I mean, your discounted floor on that in market value
(06:17):
right now is around eighty five billion, probably more like
one hundred The enterprise value, the low end enterprise value
that CNBC put out in SMN four recently was three
hundred and thirty billion. By the time factor and the users,
the data, and also the existing revenue model they have,
and probably in the competitive situation, you're talking four hundred billion.
So if this goes through the way that it is
(06:39):
laid out right here, I mean, this would I don't
even know if the losing a purchase in real time
was a better value proposition than this would be.
Speaker 3 (06:47):
Yeah, well that's right, Like you said, getting in on
the ground floor is a good thing for these investors,
including the world's wealthiest individual that's Larry Ellison from Oracle.
So you know, like I said, we'll see if this
actually is consummated by the two sides. The President signed
an executive order within the past few weeks giving until
(07:08):
December to sixteenth for the deal to be sealed. So
there's a few more months for all of the eyes
to be dotted, all of the tees to be crossed
related to this deal, and we'll have to wait and
obviously hear what Beijing has to say about what the
President announced yesterday in the Oval Office.
Speaker 2 (07:26):
That is a really good information, great insight. And if
it does go through like this, I guess the angle
from Trump would have been like, look, you know, I
really will turn this thing off in the US in
December and then you get nothing, so take the fourteen billion.
But man, if that happens, Holy cal you want to
talk about an instant about twenty eight times return multiple?
(07:46):
That is recent cool. John, Thank you as always, have
a wonderful weekend.
Speaker 1 (07:51):
Appreciate it.
Speaker 3 (07:52):
Thanks a lot, Brian, really appreciate it. Talk to you
next week. Bye bye.
Faith Freedom, Florida. This is the Brian mud Show. All right,
speaking of.
Speaker 2 (00:12):
Return on investment, we'll talk about TikTok here at a moment. First,
we have a couple pieces of breaking news later in
the day yesterday, the indictment of James Gummy, former FBI director,
two counts. Our White House correspondent John Decker, good morning, Hey.
Speaker 3 (00:31):
Good morning to you, Brian. That's right, late breaking news
impacting James. Call me. This really will impact his life
in a very real way when you have the United
States government going up against you. President Trump of course
experienced that, and now James Comy will experience that. And
we'll see how this trial proceeds. We'll see if it
gets to a trial, even after this indictment on two
(00:52):
charges yesterday brought forward by a grand jury in Northern Virginia.
Speaker 2 (00:56):
All right, John, I got some thoughts here, and I'm
really to get your feedback on it. So I don't
believe that there's very brillianty chance of Comy would serve
jail time.
Speaker 1 (01:08):
And I take a look at a couple of things.
Speaker 2 (01:09):
I mean, first, when you take a look at the
indictment here, just trying to get these charges in before
the statute of limitations would run next week in the
grand scheme of what he's alleged to have done with
the conspiracy on Trump Russia collusion, going back to when
Trump was a candidate, then the president liked, and eventually
the president. I mean, this stuff first kind of pales
(01:31):
in comparison. But secondly, you know, John Durham detailed everything
very well in his report, and he tried to bring
a couple related prosecutions in in DC and without those juries,
and he had very solid cases, in my view, and
they went nowhere. Juries would not, even with what would
seemingly be very compelling, you know, prosecutions go along with it,
(01:55):
And so.
Speaker 1 (01:55):
Durham gave up. He put out his report, and here
we are.
Speaker 2 (01:59):
I cannot envision a world in which a DC jury
is going to find James Comy guilty of something, given
the underlying circumstances and the opposition to Trump in that area.
Speaker 3 (02:11):
Your thoughts, well, I don't yeah, I don't know if
this changes your thoughts in any particular way. But the
indictment was brought in the Northern District of Virginia, Virginia,
not in d C. And as a result, it will
not be a DC jury that would hear potentially this case.
It would be a jury pool from Northern Virginia, which
(02:31):
is a jury pool which leans blue, it votes democratic.
But still it's not the same as a DC jury pool.
That being said, it's tough. You know, getting an indictment
is different than getting a conviction. That's an entirely different ballgame.
And as you point out, they've waited, they being the
Justice Department prosecutors and the team that works on behalf
(02:56):
of the DOJ, that works on behalf of the president,
they've waited until essentially the eleventh hour to bring this
indictment against James Comy in that, as you point out,
the statute of limitations was expiring this coming Tuesday.
Speaker 1 (03:09):
Yeah, and John, you that is an excellent point.
Speaker 2 (03:13):
Did note the Northern Virginia And so yeah, I mean,
if we're talking about statistically and really, you know, justice
shouldn't look this way, but it does, frankly. And so
you know, you have about ninety two percent of DC
that is animated against Trump based upon election outcomes, and
you're talking about you know, seventy thirty kind of territory
in Northern Virginia loosely so it's there there is a
(03:35):
little bit of greater chance you could find a jury
that might be more persuadable than perhaps in d C,
but not necessarily a lot. So yeah, I mean, I
think you raise a great point, But yeah, I'm still
I'll believe that there is a conviction here one night
when I see it. Meanwhile, the TikTok situation, I found
(03:59):
this to be very interesting about that.
Speaker 1 (04:02):
I think I was in bed already by the time
I got the news.
Speaker 2 (04:04):
I was going to say I fell off my chair,
but I didn't roll out of bed, but I wanted to.
Speaker 1 (04:08):
It's like, how was Aina part of this group?
Speaker 2 (04:11):
So walk us through first this TikTok deal, and then
I want to talk a little bit about the underlying
circumstances here because it's fascinating.
Speaker 3 (04:19):
Well, the reason why there's a deal in the first place,
and we'll get to whether this deal is actually a deal,
But the reason why there's the deal is because of
a bipartisan piece of legislation passed by the last Congress,
signed by President Biden that ordered the parent company of
TikTok by Dance to divest itself of TikTok. And that's
exactly what is occurring. According to the President, it's a
(04:43):
US based investor group that's being led by some well
known companies and well known investors, including Oracle and the Murdochs.
Of course, that's the family that owns News Corp. And
Fox News. They will own eighty percent of the company.
Twenty percent will still be own by Byte Dance. I
say the deal may not happen in the sense that
(05:06):
I haven't seen a similar type of statement coming from China,
coming from the Chinese government that deal has been reached,
and that's an important element. You know, you can't have
a deal, the President says. This says it relates to
the war in Ukraine. Often it takes two to tango. Well,
it takes two to tango for a deal as well.
And you know, it's just me being a skeptic. You know,
(05:26):
I realized there was an executive order signed by President
Trump yesterday and there were a number of US officials
that worked for the President in that Oval office yesterday
when the President signed that executive order related to the deal.
The Attorney General was there, the Vice President was there.
But well, I think to me, it's important to see
that Beijing recognizes that a deal is in place and
(05:50):
that byte Dance will essentially be taken over by American investors.
Speaker 2 (05:54):
That is a great piece of insight, John, because you're right,
it has just kind of been taken a face value
as though, hey, this is going to happen. And on
the financial side, to me, I was taking a look
at this. Fourteen billion is the tag we're hearing for
the US interests. I'm like, what in the world the
technology alone, just the algorithmic technology and the interface of it.
I mean, your discounted floor on that in market value
(06:17):
right now is around eighty five billion, probably more like
one hundred The enterprise value, the low end enterprise value
that CNBC put out in SMN four recently was three
hundred and thirty billion. By the time factor and the users,
the data, and also the existing revenue model they have,
and probably in the competitive situation, you're talking four hundred billion.
So if this goes through the way that it is
(06:39):
laid out right here, I mean, this would I don't
even know if the losing a purchase in real time
was a better value proposition than this would be.
Speaker 3 (06:47):
Yeah, well that's right, Like you said, getting in on
the ground floor is a good thing for these investors,
including the world's wealthiest individual that's Larry Ellison from Oracle.
So you know, like I said, we'll see if this
actually is consummated by the two sides. The President signed
an executive order within the past few weeks giving until
(07:08):
December to sixteenth for the deal to be sealed. So
there's a few more months for all of the eyes
to be dotted, all of the tees to be crossed
related to this deal, and we'll have to wait and
obviously hear what Beijing has to say about what the
President announced yesterday in the Oval Office.
Speaker 2 (07:26):
That is a really good information, great insight. And if
it does go through like this, I guess the angle
from Trump would have been like, look, you know, I
really will turn this thing off in the US in
December and then you get nothing, so take the fourteen billion.
But man, if that happens, Holy cal you want to
talk about an instant about twenty eight times return multiple?
(07:46):
That is recent cool. John, Thank you as always, have
a wonderful weekend.
Speaker 1 (07:51):
Appreciate it.
Speaker 3 (07:52):
Thanks a lot, Brian, really appreciate it. Talk to you
next week. Bye bye.
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