1 00:00:22,199 --> 00:00:25,719 Speaker 1: And Hello, how are you welcome to the Big Podcast 2 00:00:25,760 --> 00:00:30,199 on this Friday. Today is the seventeenth day of July, 3 00:00:31,719 --> 00:00:34,200 year of our Lord, twenty twenty six. My name is 4 00:00:34,240 --> 00:00:38,799 Tom Sullivan and man alive. But we got a busy Friday, 5 00:00:39,640 --> 00:00:42,200 I mean, from the president's speak last night, to the 6 00:00:42,359 --> 00:00:46,000 latest updates on Iran, to some things about the economy. 7 00:00:47,439 --> 00:00:51,200 We'll get it all in, I know we will. So 8 00:00:51,320 --> 00:00:55,039 let's start with the elections from last night. The election speech. 9 00:00:55,320 --> 00:00:59,079 The speech by the president, I don't know it was. 10 00:01:00,359 --> 00:01:04,760 Somebody must have said, but you have to say something 11 00:01:04,799 --> 00:01:09,920 about the Iran war, and so I think did he 12 00:01:10,040 --> 00:01:13,040 mentioned affordability? I think he did. Anyway, he spent less 13 00:01:13,079 --> 00:01:16,560 than a minute on that. His purpose was he wanted 14 00:01:16,599 --> 00:01:20,120 to talk to the nation about the twenty twenty election. 15 00:01:21,239 --> 00:01:27,239 Which interesting about it was a lot of it to 16 00:01:27,359 --> 00:01:31,480 me was regurgitation of things I've heard in the past. 17 00:01:31,920 --> 00:01:36,840 There wasn't much new. It wasn't a very long speech. 18 00:01:36,879 --> 00:01:40,239 I think it was about twenty five less than thirty minutes, 19 00:01:40,760 --> 00:01:44,519 which is for him, considered to be rather short. But 20 00:01:45,120 --> 00:01:49,680 he never said during the speech that he lost the 21 00:01:49,719 --> 00:01:54,760 twenty twenty election or that he won the twenty twenty election, 22 00:01:54,920 --> 00:01:59,519 he didn't see he talked about the election system in 23 00:01:59,599 --> 00:02:10,680 this I I saw him do this in Georgia and 24 00:02:10,719 --> 00:02:16,479 in Georgia. This is back in twenty twenty, and he 25 00:02:16,639 --> 00:02:18,919 went or was it twenty Yeah, I was twenty twenty 26 00:02:19,159 --> 00:02:21,800 and he went to Georgia. And the way it works 27 00:02:21,800 --> 00:02:24,000 in Georgia is they have the election and then for 28 00:02:24,039 --> 00:02:26,919 the Senate they have a runoff. Wee, there were two 29 00:02:27,039 --> 00:02:31,960 Republican senators in Georgia, and the President went to Georgia 30 00:02:32,520 --> 00:02:38,919 and said, the system is rigged. You can't trust it. 31 00:02:38,919 --> 00:02:45,479 It's basically he talked people. He talked his supporters into 32 00:02:45,520 --> 00:02:48,560 not trusting the election system. And guess who did not 33 00:02:48,800 --> 00:02:53,280 show up? His supporters. So guess what we got out 34 00:02:53,360 --> 00:02:57,439 of that? We got two Instead of the two Republicans 35 00:02:57,520 --> 00:03:02,560 being re elected, we got two ran new Democrat senators 36 00:03:03,240 --> 00:03:07,400 and that flipped the Senate to where they had control. 37 00:03:09,800 --> 00:03:13,479 That's what I'm worried about with this. If you are 38 00:03:13,719 --> 00:03:18,039 a Donald Trump supporter, I'm sure that well, I'm not sure. 39 00:03:18,080 --> 00:03:22,360 There's a lot of Donald Trump supporters believe he won 40 00:03:22,439 --> 00:03:27,199 the election in twenty twenty. Others don't. It's and I'll 41 00:03:27,199 --> 00:03:29,560 get to that whole point in just a minute. But 42 00:03:30,280 --> 00:03:33,000 the fact that he spent almost a half an hour 43 00:03:33,199 --> 00:03:38,199 denigrating the election system that we have in this country. 44 00:03:39,199 --> 00:03:42,479 I would think the Democrats would be jumping for joy 45 00:03:42,639 --> 00:03:47,120 because it was the same message that he gave to 46 00:03:47,520 --> 00:03:50,479 his base in Georgia and they did not show up. 47 00:03:50,520 --> 00:03:53,960 They were discouraged about the voting system, so they said, Okay, 48 00:03:54,000 --> 00:03:58,719 why bother He described the election system that we have 49 00:03:58,840 --> 00:04:05,439 in this country as untrustworthy. That so's doubt for voters. 50 00:04:05,479 --> 00:04:09,360 So why why did he do this? I don't know. 51 00:04:09,479 --> 00:04:13,360 Susie Wiles and others tried to talk him out of it, saying, 52 00:04:13,439 --> 00:04:16,839 don't do it, it will you'll have a backlash on it. 53 00:04:19,560 --> 00:04:21,160 The other part about it, let me get let me 54 00:04:21,199 --> 00:04:23,720 get back to twenty twenty four minute. That was six 55 00:04:23,800 --> 00:04:30,639 years ago. We know that what difference does it make 56 00:04:31,000 --> 00:04:36,839 at this point whether he won or whether he lost. 57 00:04:38,160 --> 00:04:41,480 Let's say they come out and they have the smoking document. 58 00:04:41,519 --> 00:04:45,480 They did not. They had a lot of paperwork, but 59 00:04:45,879 --> 00:04:50,120 there's no smoking smoking gun in there. But let's say 60 00:04:50,160 --> 00:04:54,040 they did and they found out that Yep, he actually 61 00:04:54,120 --> 00:04:58,040 did he won the twenty twenty election. I don't believe 62 00:04:58,079 --> 00:05:00,639 he did, But I know some of you do. Oh, 63 00:05:00,639 --> 00:05:05,079 and I respect your opinion. I don't find it worthy 64 00:05:05,120 --> 00:05:08,160 of fighting with you want it. You have your view, 65 00:05:08,240 --> 00:05:12,680 I have mine. That's okay. But what if he did win? 66 00:05:13,120 --> 00:05:13,959 What are you going to do? 67 00:05:14,079 --> 00:05:14,360 Speaker 2: Now? 68 00:05:16,879 --> 00:05:22,199 Speaker 1: What would you doesn't change anything? He's president until twenty 69 00:05:22,319 --> 00:05:27,439 twenty eight. In many cases, he's kind of laughed about 70 00:05:27,439 --> 00:05:30,000 the fact that the fact that he had the four 71 00:05:30,079 --> 00:05:32,160 years in between the first term and the second term 72 00:05:32,199 --> 00:05:36,199 has actually worked out to his benefit. So I don't 73 00:05:36,279 --> 00:05:39,079 know what difference it would make, because what would you 74 00:05:39,279 --> 00:05:45,399 do if they said, Okay, he won, what do you do? 75 00:05:45,920 --> 00:05:48,560 I'm not quite sure what that election is all, what 76 00:05:48,600 --> 00:05:52,360 that argument is about about anymore. I could see why 77 00:05:52,399 --> 00:05:54,879 the argument was going in the first six months after 78 00:05:54,920 --> 00:05:58,160 the election, but after that it's like, all right, let's 79 00:05:58,160 --> 00:06:02,199 move on the other thing about it was the twenty 80 00:06:02,279 --> 00:06:08,319 twenty election. Who was in charge of the twenty twenty 81 00:06:08,319 --> 00:06:10,720 election while the states were, But as far as the 82 00:06:10,720 --> 00:06:16,319 federal government oversight, it was the Trump administration. He lost, 83 00:06:16,600 --> 00:06:20,240 in my opinion, So now we come to twenty twenty four. 84 00:06:20,399 --> 00:06:23,199 Who was in charge of the federal oversight of the election. 85 00:06:23,600 --> 00:06:27,319 That would be the Biden administration, but Donald Trump won. 86 00:06:29,720 --> 00:06:31,759 And when we come up to the midterms coming up 87 00:06:31,759 --> 00:06:35,480 here in November, who's in the federal government oversight of 88 00:06:35,480 --> 00:06:41,120 the elections? Who's in charge the Trump administration? So I 89 00:06:41,160 --> 00:06:45,120 saw this election official talking about the whole business of 90 00:06:46,160 --> 00:06:50,319 how many election districts there are out there, and the 91 00:06:50,560 --> 00:06:57,160 answer is that we have more than ten thousand independent 92 00:06:57,360 --> 00:07:10,240 election jurisdictions responsible for managing the vote. Counties, cities, townships. 93 00:07:10,560 --> 00:07:13,920 There's a bunch of them that are anyway the discrepancy. 94 00:07:14,519 --> 00:07:17,199 Are you going to have mistakes with ten thousand various 95 00:07:17,240 --> 00:07:22,319 independent election jurisdictions? Yes, do they try hard? I think 96 00:07:22,360 --> 00:07:27,439 they do. Do the Chinese try to interfere, of course, 97 00:07:28,399 --> 00:07:32,839 But can they go into ten thousand the various counties 98 00:07:32,920 --> 00:07:37,120 and then go from the county to various towns that 99 00:07:37,199 --> 00:07:43,199 had their own election districts? In New England, they decentralize 100 00:07:43,240 --> 00:07:46,759 it right down to every tiny town in township and 101 00:07:46,800 --> 00:07:49,199 they run their own elections and they have their own 102 00:07:49,240 --> 00:07:54,439 election clerks. So are the Chinese infiltrating all of those 103 00:07:55,079 --> 00:08:00,800 little towns? And the Russians, well, they try the big picture. 104 00:08:00,879 --> 00:08:05,079 They tried to They placed a lot of ads on 105 00:08:05,120 --> 00:08:08,560 social media to try to talk you in to seeing 106 00:08:08,680 --> 00:08:13,360 things from their point of view. They were being sneaky 107 00:08:13,399 --> 00:08:18,120 about it, and that's always happened. Then the other part 108 00:08:18,160 --> 00:08:21,759 about the fact that prather have talked about how many 109 00:08:21,800 --> 00:08:27,519 election places have been hacked. I don't know what you 110 00:08:27,759 --> 00:08:30,879 do about it. I actually have a little service I 111 00:08:30,959 --> 00:08:38,759 subscribe to that looks for my information that shows up 112 00:08:38,759 --> 00:08:43,519 in the dark web. I gotta tell you, there's a 113 00:08:43,639 --> 00:08:47,480 list pretty long. Every month they send me a list 114 00:08:47,519 --> 00:08:49,639 and say, we're going to clean these up. These are 115 00:08:49,720 --> 00:08:53,320 the places that your name, or your social Security number, 116 00:08:53,480 --> 00:08:56,440 or your address, or your whatever it might be, lots 117 00:08:56,480 --> 00:09:00,360 of information you are hacked. I am hacked. We don't 118 00:09:00,399 --> 00:09:04,759 even know it. Our information is being sold. It's just 119 00:09:04,879 --> 00:09:10,080 part of living in twenty twenty six, is yeah. So 120 00:09:10,159 --> 00:09:13,960 do they hack places. I'm sure they're trying. I'm sure 121 00:09:13,960 --> 00:09:18,159 they're pretty successful at They're pretty good at it. The 122 00:09:18,200 --> 00:09:25,200 thing that's going on today is Mark Wayne Mullen, which 123 00:09:25,240 --> 00:09:27,080 I like him. I know some of you don't, but 124 00:09:27,840 --> 00:09:30,480 I kind of like Mark Wayne Mullen. He's a tough, 125 00:09:30,480 --> 00:09:35,480 ombree but very successful businessman from Oklahoma. He's now the 126 00:09:35,480 --> 00:09:40,759 head of the DHS, and he gave a speech today. 127 00:09:40,799 --> 00:09:45,559 He's taking questions and answers, and he really is doing 128 00:09:45,600 --> 00:09:48,080 what the President wants him to do, and that is 129 00:09:48,080 --> 00:09:51,399 is to get all of the voter information from the 130 00:09:51,440 --> 00:09:56,759 fifty states. I have to tell you, I don't like it. 131 00:09:57,840 --> 00:10:02,600 I like the fact that cities and counties and states 132 00:10:03,399 --> 00:10:07,480 run the elections in this country. I know it can 133 00:10:07,559 --> 00:10:10,840 lead to maybe some mistakes, but again, I really think 134 00:10:10,879 --> 00:10:12,679 they give it the best effort and it seems to 135 00:10:12,679 --> 00:10:17,759 work pretty well. But the idea of the federal government 136 00:10:17,799 --> 00:10:21,159 getting first of all, if China wanted to hack or 137 00:10:21,200 --> 00:10:24,559 Russia wanted to hack our elections, if it was centralized 138 00:10:24,600 --> 00:10:27,759 in Washington, d C. It would be a lot easier 139 00:10:27,759 --> 00:10:31,200 for a hacker to get all that and to manipulate 140 00:10:31,240 --> 00:10:36,600 it and to make changes. But otherwise, I like the 141 00:10:36,679 --> 00:10:40,559 idea that my little tiny district that I live in 142 00:10:42,399 --> 00:10:48,200 doesn't know. They'd have to have one of their agents infiltrate. 143 00:10:48,759 --> 00:10:51,399 I've never shown up in an election and said, somebody's 144 00:10:51,440 --> 00:10:56,440 already voted for you. But they want to get all 145 00:10:56,519 --> 00:11:00,559 this centralized, and I don't like it. There's over thirty 146 00:11:00,679 --> 00:11:04,759 sub states that have said we're not sending you our 147 00:11:04,840 --> 00:11:08,799 voter data. Your voter data, by the way, there's a 148 00:11:08,840 --> 00:11:13,080 lot of it that China and Russia and you and I. 149 00:11:13,320 --> 00:11:18,559 You want to buy the voter voter polls, the voter 150 00:11:20,159 --> 00:11:24,480 registered voter polls. You can buy them from any place 151 00:11:24,519 --> 00:11:29,120 that has some a city, a county, whatever. They're for sale, 152 00:11:29,279 --> 00:11:33,279 and they have a lot of information about you. Your 153 00:11:33,360 --> 00:11:36,960 name for sure, your address for sure, and in many 154 00:11:37,000 --> 00:11:40,360 of them, your Social Security number. That's just what the 155 00:11:40,399 --> 00:11:43,399 hackers love to have, that kind of stuff. So all 156 00:11:43,480 --> 00:11:47,759 that's available out there. But I was looking down the 157 00:11:47,799 --> 00:11:54,840 list of some of this. Wisconsin has over eighteen hundred 158 00:11:54,960 --> 00:12:00,120 municipal election jurisdictions. Michigan you have more than fifteen one 159 00:12:00,200 --> 00:12:05,519 hundred of these sub county systems. That's I mean, you 160 00:12:05,559 --> 00:12:07,720 put all that together, that's why you get to ten 161 00:12:07,799 --> 00:12:11,879 thousand plus election jurisdictions in this country. But here's here's 162 00:12:11,919 --> 00:12:15,320 a little bit about Mark Wayne Bullen is he likes 163 00:12:15,360 --> 00:12:19,840 to talk tough, kind of a tough guy. This is 164 00:12:19,879 --> 00:12:23,159 what he said to a group of reporters today. 165 00:12:23,360 --> 00:12:23,720 Speaker 3: Thank you. 166 00:12:23,759 --> 00:12:27,200 Speaker 4: When we start talking about can we can we ensure 167 00:12:27,200 --> 00:12:30,519 that the midterm elections are going to be secure? Yes, 168 00:12:30,559 --> 00:12:34,559 We absolutely can build confidence in the American people, but 169 00:12:34,600 --> 00:12:37,480 the states have to do the part. I will tell 170 00:12:37,480 --> 00:12:39,799 you if the states that choose not to participate with 171 00:12:39,799 --> 00:12:42,759 the SAVE program, and they choose not to participate in 172 00:12:42,799 --> 00:12:46,519 secure in elections, we will make sure that we make 173 00:12:46,559 --> 00:12:49,000 those states a priority to look at who voted in 174 00:12:49,039 --> 00:12:53,559 their states and hold then the election officials accountable. If 175 00:12:53,559 --> 00:12:57,360 the election officials, once we gave them the information they 176 00:12:57,480 --> 00:13:00,600 need to secure their elections and they chose not to, 177 00:13:01,679 --> 00:13:06,000 then those individuals can also be held accountable by fines, 178 00:13:06,480 --> 00:13:09,240 by penalties, and even depending on how far it goes, 179 00:13:09,799 --> 00:13:10,399 prison time. 180 00:13:12,600 --> 00:13:17,120 Speaker 1: He's threatening election officials with prison if they don't turn 181 00:13:17,200 --> 00:13:20,279 over that data, you better send that stuff to it, 182 00:13:21,399 --> 00:13:23,399 And I'm thinking no, it's the other way around. The 183 00:13:23,440 --> 00:13:29,000 federal government should be offering you need any help from 184 00:13:29,039 --> 00:13:32,320 any of our experts, our cyber crime people, whatever it 185 00:13:32,399 --> 00:13:35,720 might be, but don't demand that they have to send 186 00:13:35,799 --> 00:13:38,399 you that. It should be the cities and counties and 187 00:13:38,480 --> 00:13:41,120 states should be saying to the federal government, you know, 188 00:13:41,240 --> 00:13:44,279 we would like little help with whatever it might be, 189 00:13:44,759 --> 00:13:49,200 but primarily cyber stuff. That's where the hacking stuff comes in. 190 00:13:49,720 --> 00:13:54,440 Ben Ginsburg, Oh my, gosh. Ben's been He's a big 191 00:13:54,519 --> 00:14:00,200 Republican lawyer. He's been around forever. He's represented the Republican Party. 192 00:14:00,000 --> 00:14:06,440 He represented Bush during the Bush Gored two thousand election debate. 193 00:14:06,720 --> 00:14:10,600 He's represented all kinds of Republicans for all kinds of 194 00:14:10,639 --> 00:14:15,159 things regarding their elections. He's an election expert. So here's 195 00:14:15,200 --> 00:14:18,960 Ben Ginsberg reacting to the president's speech last night. 196 00:14:19,240 --> 00:14:22,399 Speaker 3: Well, no, I think, given that the president has had 197 00:14:22,480 --> 00:14:26,720 all the powers of investigation for the last eighteen months, 198 00:14:26,759 --> 00:14:32,000 the FBI, the intelligence community, to not have any specifics 199 00:14:32,480 --> 00:14:37,240 and to have a session where the rhetoric is strong 200 00:14:37,320 --> 00:14:41,120 but the facts are we should give the American public 201 00:14:41,240 --> 00:14:47,440 confidence that our election results are accurate. In terms of vulnerabilities, 202 00:14:49,279 --> 00:14:52,320 we have a system that's very decentralized and with so 203 00:14:52,360 --> 00:14:57,120 many different voting places, it's not consistent. So we have 204 00:14:58,039 --> 00:15:01,360 a system that can be improved, and so to I 205 00:15:01,399 --> 00:15:05,440 don't think it's vulnerable, but it needs improvement. So it 206 00:15:05,480 --> 00:15:07,879 would be good if we want to get rid of 207 00:15:07,919 --> 00:15:11,639 whether he thinks their vulnerabilities or not, to actually do 208 00:15:11,759 --> 00:15:15,720 some studying of what those vulnerabilities are, and most importantly, 209 00:15:15,879 --> 00:15:22,360 to provide funding for the very underfunded elections, infrastructure, and community. 210 00:15:23,000 --> 00:15:25,840 Speaker 1: I'm with it. I like Ben, I think he's absolutely right. 211 00:15:26,320 --> 00:15:30,240 There's always ways to improve, whatever it might be. But 212 00:15:30,440 --> 00:15:34,200 at the same time, all of the federal governments offer 213 00:15:34,360 --> 00:15:37,799 to help cities, counties, and states with their election process 214 00:15:38,360 --> 00:15:41,519 have been cut. The budgets for all of them have 215 00:15:41,639 --> 00:15:45,679 been cut, they've been shrunk down. So you've got to 216 00:15:45,720 --> 00:15:49,840 be consistent, and in this particular area there is no consistency. 217 00:15:50,279 --> 00:15:53,679 But again this also it just smells. I haven't also 218 00:15:53,759 --> 00:15:59,720 that this happens just a few months before the midterm elections. Generally, 219 00:15:59,759 --> 00:16:03,240 the term elections go with the party that is not 220 00:16:03,440 --> 00:16:07,840 the president's. That's been history, very few exceptions to that. 221 00:16:09,120 --> 00:16:12,120 But and the president more than anything else. And this 222 00:16:12,200 --> 00:16:15,240 goes back to when we first really met him as 223 00:16:15,240 --> 00:16:19,039 a presidential candidate. The people that really know him and 224 00:16:19,120 --> 00:16:22,279 knew him well his whole life said that his father 225 00:16:24,759 --> 00:16:27,879 didn't physically beat it into him, but beat it into 226 00:16:28,000 --> 00:16:33,320 him psychologically that if you're not number one, you're a loser. 227 00:16:34,240 --> 00:16:37,759 If you come in number two, I don't care if 228 00:16:37,759 --> 00:16:40,559 it's out of a thousand people, you are a loser 229 00:16:41,759 --> 00:16:45,480 and you should be ashamed of yourself. So Donald Trump 230 00:16:45,639 --> 00:16:51,679 was browbeat, at the very least by his father into 231 00:16:52,639 --> 00:16:56,559 never losing, and that I'm sure is a great part 232 00:16:56,600 --> 00:17:00,840 of why he was a successful businessman. He is hell 233 00:17:00,919 --> 00:17:04,720 bent to always come in number one. So for him 234 00:17:04,759 --> 00:17:12,599 to handle twenty twenty loss psychologically is difficult. And I 235 00:17:12,720 --> 00:17:16,400 think he's afraid that they Republicans will be handed a 236 00:17:16,440 --> 00:17:21,720 loss in the midterms. Who knows. The Democrats look like 237 00:17:22,119 --> 00:17:26,720 fools right now. But and the Republicans if they just 238 00:17:26,720 --> 00:17:32,079 just don't make any big mistakes and let the Democrats 239 00:17:32,319 --> 00:17:38,359 just keep doing this socialist American the thing, Republicans will 240 00:17:38,359 --> 00:17:42,200 do just fine. So that the question is, was that 241 00:17:42,279 --> 00:17:44,480 a mistake last night for him to come out and 242 00:17:44,599 --> 00:17:50,839 try to diminish and so doubt into our election system 243 00:17:50,880 --> 00:17:54,920 to where people that would normally support a Republican will go, 244 00:17:55,000 --> 00:17:57,480 you know, I'm not going to even bother. You can't 245 00:17:57,519 --> 00:18:03,160 trust it anyway, Mildred, that kind of thing. So that's 246 00:18:04,240 --> 00:18:10,759 I don't know, We'll see what happens. States do a 247 00:18:10,799 --> 00:18:14,559 good job, I think in cities and counties. I want 248 00:18:14,599 --> 00:18:21,160 to talk about Iran. Everything's picking up steam. There's more 249 00:18:21,200 --> 00:18:26,359 shooting going on every single day. Let's start with General 250 00:18:26,640 --> 00:18:27,160 Jack Keeam. 251 00:18:28,079 --> 00:18:32,240 Speaker 2: Well, actually we're executing Project Freedom. Remember that was the 252 00:18:32,279 --> 00:18:34,359 plan to open the straits of a moves back on 253 00:18:34,480 --> 00:18:37,359 May to fourth. It was a plan at that time 254 00:18:37,400 --> 00:18:39,640 to be about two weeks in length. It was a 255 00:18:39,759 --> 00:18:43,039 very comprehensive plan, and we're executing it and we're not 256 00:18:43,160 --> 00:18:45,839 naming it, but that's the fact. And that plan is 257 00:18:46,000 --> 00:18:49,599 one to secure the straits, to clear the straits, and 258 00:18:49,640 --> 00:18:52,880 then also to protect shipping. And what you're seeing is 259 00:18:53,640 --> 00:18:56,839 one the focus to take down all the means for 260 00:18:56,920 --> 00:19:02,200 them to interfere with shipping, missiles, drones, fast boats, and 261 00:19:02,279 --> 00:19:04,880 then the things that help and enable it, command and 262 00:19:04,920 --> 00:19:10,680 control sensors, radars, and the logistical infrastructure support for it. 263 00:19:11,359 --> 00:19:14,799 And then we're also hitting their Iran's ability to retaliate 264 00:19:15,319 --> 00:19:19,240 against the Gulf State's US bases or Israel if they 265 00:19:19,319 --> 00:19:21,799 choose to do that as well, and that's ballistic missiles, 266 00:19:21,839 --> 00:19:28,799 launch systems, and also drone inventory and storage sites. Taking 267 00:19:29,000 --> 00:19:31,680 isolating the straits of the Moods was always part of 268 00:19:31,720 --> 00:19:35,559 the plan. So that's why you see bridges being destroyed, 269 00:19:35,559 --> 00:19:38,000 because we don't want them to come in and be 270 00:19:38,079 --> 00:19:43,519 able to reinforce logistically and begin to recover the capabilities 271 00:19:43,799 --> 00:19:46,839 that were taken away from them. So nothing different about this. 272 00:19:47,000 --> 00:19:51,400 We just never saw Project Freedom being execute fully. Remember 273 00:19:51,400 --> 00:19:55,119 it got stopped in the thirty six hour, something outrageous 274 00:19:55,160 --> 00:19:58,640 by Saudi Arabia, if you recall, who would not permit 275 00:19:58,720 --> 00:20:00,960 us to fly out of their airbase and not permit 276 00:20:01,039 --> 00:20:03,960 us to use their airspace and also put pressure on 277 00:20:04,079 --> 00:20:07,720 us to stop the operation. So this is this takes 278 00:20:07,720 --> 00:20:11,079 some time to unfold to truly get it right, and 279 00:20:11,160 --> 00:20:14,319 hopefully this time we'll be able to complete it and 280 00:20:14,440 --> 00:20:16,640 get it right. And then here's what we got to remember. 281 00:20:18,000 --> 00:20:22,400 For the Iran, the straitsmo Moves is a strategic asset. 282 00:20:23,119 --> 00:20:25,839 No matter what happens here, they will continue to want 283 00:20:25,880 --> 00:20:28,880 to take it back from us because it's number one. 284 00:20:29,000 --> 00:20:33,599 They don't have a nuclear power capability, they're not even 285 00:20:33,720 --> 00:20:35,319 close to developing a weapon. 286 00:20:35,359 --> 00:20:35,640 Speaker 3: Now. 287 00:20:36,000 --> 00:20:39,079 Speaker 2: This is their number one strategic asset. It gives them 288 00:20:39,200 --> 00:20:42,200 leverage over the Golf states in a region, and they 289 00:20:42,400 --> 00:20:45,559 truly want to have an element of control here and 290 00:20:45,599 --> 00:20:47,759 they are willing to fight us for it, and we 291 00:20:47,839 --> 00:20:50,319 have got to take it away from them and prevent 292 00:20:50,359 --> 00:20:53,160 them from ever getting it back under their control again. 293 00:20:53,519 --> 00:20:56,799 And let's finish this operation. To get that done. 294 00:20:56,960 --> 00:21:00,680 Speaker 1: Now, they're the real Jack team coming out there. He 295 00:21:00,720 --> 00:21:03,039 was trying to be politically nice about Well, the president 296 00:21:03,039 --> 00:21:06,680 has different ideas when he stopped the military campaign, and 297 00:21:06,759 --> 00:21:10,039 you just heard Jack Keenes say, let's let's complete this 298 00:21:10,160 --> 00:21:14,000 campaign and get it done. Do the finish the job 299 00:21:14,119 --> 00:21:20,039 is what he's preaching. Admiral stravenas the former Supreme NATO commander, 300 00:21:20,240 --> 00:21:26,279 former Navy admiral, he has a very intellectual look at war. 301 00:21:26,480 --> 00:21:30,519 Speaker 5: First, it is going to attempt to cut off, to 302 00:21:30,640 --> 00:21:34,720 kill the assets that could be used to close this 303 00:21:34,839 --> 00:21:37,559 straight and four moves. I've been to bond Robos before 304 00:21:37,599 --> 00:21:41,519 the revolution. Obviously it's a very important naval port for 305 00:21:41,599 --> 00:21:45,920 the Iranians and cutting it off has high military utilities. 306 00:21:46,000 --> 00:21:49,759 So point one, go after the places where the Iranians 307 00:21:49,839 --> 00:21:53,480 have weapons systems that help them close the straight. 308 00:21:53,799 --> 00:21:54,400 Speaker 2: Point two. 309 00:21:55,079 --> 00:22:01,240 Speaker 5: In general, going after infrastructure like bridges, roads puts economic 310 00:22:01,400 --> 00:22:04,559 pressure on Iran. I think that is part of the 311 00:22:04,599 --> 00:22:08,359 administration's strategy here to get Iran back to the table. 312 00:22:08,720 --> 00:22:13,680 In a phrase, what they're doing is escalate in order 313 00:22:13,720 --> 00:22:18,519 to de escalate, meaning go after economic targets, military targets, 314 00:22:18,559 --> 00:22:22,920 put pressure on more attacks with the hope that you 315 00:22:22,960 --> 00:22:26,079 can then de escalate and the Iranians will come back 316 00:22:26,119 --> 00:22:26,720 to the table. 317 00:22:26,839 --> 00:22:28,839 Speaker 1: Well, if you listen to me at all, you know 318 00:22:28,920 --> 00:22:30,960 that I'm not interested in getting back to the table 319 00:22:31,000 --> 00:22:33,240 because the people at the other side of the table 320 00:22:33,680 --> 00:22:37,000 are a bunch of crooks, liars, cheaters. You can't trust them. 321 00:22:37,160 --> 00:22:40,599 You're going to have to replace the regime if you're 322 00:22:40,640 --> 00:22:44,960 ever going to make Iran safe so that we are 323 00:22:45,000 --> 00:22:50,480 safe from their future efforts. Remember Nicki Hayley, I mean, 324 00:22:50,759 --> 00:22:53,200 there was a lot of Republicans that did not like 325 00:22:53,279 --> 00:22:56,559 Nicki Haley. I've always liked her. I don't know why, 326 00:22:56,640 --> 00:22:58,799 but she popped up today and I thought, well, we'll 327 00:22:58,839 --> 00:23:02,160 play what she thinks about the war with Iran. 328 00:23:03,039 --> 00:23:05,519 Speaker 6: Well, I think General Keen is exactly right. We want 329 00:23:05,519 --> 00:23:08,000 to make sure that whatever we do it is more permanent, 330 00:23:08,079 --> 00:23:10,319 that they don't come back and start to do this again. 331 00:23:10,359 --> 00:23:13,119 And I think, look, I mean President Trump realized that 332 00:23:13,640 --> 00:23:16,680 there was no MoU. I would you know, push it 333 00:23:16,720 --> 00:23:19,599 to say they never had any interest in following the MoU. 334 00:23:19,720 --> 00:23:22,000 They always knew they were going to violate it. The 335 00:23:22,079 --> 00:23:25,279 Ayatolas said that he was opposed to it on principle, 336 00:23:26,000 --> 00:23:28,519 so that wasn't going to happen. And you know, unfortunately, 337 00:23:28,519 --> 00:23:30,559 they were able to get a few billion dollars during 338 00:23:30,559 --> 00:23:33,960 those days that the sanctions were weighed to allow oil 339 00:23:34,039 --> 00:23:36,799 to go through. But now I think President Trump is 340 00:23:36,839 --> 00:23:39,279 doing exactly what he should do, is to get that 341 00:23:39,319 --> 00:23:41,880 blockade going. You know, they went to the heart of 342 00:23:41,920 --> 00:23:46,759 the naval base, the Revolutionary Guards naval base, which was important. 343 00:23:46,799 --> 00:23:51,000 They're going after their missile and drone stockpiles. That's going 344 00:23:51,039 --> 00:23:53,279 to be really important. And making sure that we that 345 00:23:53,359 --> 00:23:55,519 they don't have any other ways to get through. The 346 00:23:55,640 --> 00:23:59,359 key is to isolate them and make them the pariah 347 00:23:59,359 --> 00:24:02,079 that they are. We don't do that alone. We do 348 00:24:02,160 --> 00:24:04,880 it with the golf allies. We do it with the Europeans. 349 00:24:04,920 --> 00:24:08,039 We come together and we make sure they don't get 350 00:24:08,240 --> 00:24:12,400 one single dollar because that's how they do all of 351 00:24:12,440 --> 00:24:15,480 their terrorist activity is with funding. If we keep this 352 00:24:15,559 --> 00:24:18,920 blockade on for a few months, they will literally be 353 00:24:19,039 --> 00:24:22,799 at zero. They are already economically strained, they are already 354 00:24:22,839 --> 00:24:27,039 militarily strained. They basically have no government. This is about 355 00:24:27,160 --> 00:24:30,000 finish what you start so that they can never do 356 00:24:30,039 --> 00:24:31,039 this to anyone again. 357 00:24:31,480 --> 00:24:34,240 Speaker 1: So that's why I like Nikki Haley, she likes Jack Keine. 358 00:24:34,839 --> 00:24:38,160 She says, finish what you start. That's my whole point. Again. 359 00:24:38,279 --> 00:24:41,440 I'm not pro war, but if you're going to go 360 00:24:41,519 --> 00:24:47,000 to war, go full board, don't do it halfway. And 361 00:24:47,079 --> 00:24:49,200 I felt like we've been doing it halfway. We need 362 00:24:49,240 --> 00:24:51,400 to go in there and just finish off the regime 363 00:24:51,480 --> 00:24:54,319 and get the people of Iran their country back that 364 00:24:54,400 --> 00:24:58,799 they want. So that's a little bit of a ron 365 00:24:58,839 --> 00:25:03,440 a little bit about the speech and the elections the 366 00:25:03,480 --> 00:25:08,039 folks in ICE. There's the two latest incidents that have 367 00:25:08,160 --> 00:25:12,359 caused all kinds of questions about about ICE. One was 368 00:25:12,359 --> 00:25:16,240 in Maine, one was in Houston. Two individuals shot and 369 00:25:16,359 --> 00:25:20,720 killed while while in their vehicles. I saw a video 370 00:25:20,960 --> 00:25:26,640 of one of them last night. The guy was stopped 371 00:25:26,680 --> 00:25:31,440 by ICE in unmarked cars. They blocked him in, not 372 00:25:32,680 --> 00:25:36,240 that well, they really didn't block him in. They turned 373 00:25:36,240 --> 00:25:37,839 in front of him little bit and stopped their car, 374 00:25:37,880 --> 00:25:42,240 but he just went right around him, and sure enough, 375 00:25:42,279 --> 00:25:45,359 one of the ICE officers got out and started shooting 376 00:25:45,400 --> 00:25:50,599 at the vehicle as it was driving away. You just 377 00:25:50,680 --> 00:25:55,680 don't do that. Any police officer knows. You don't shoot 378 00:25:55,839 --> 00:25:59,519 at the vehicle that just drove away. You get the 379 00:25:59,519 --> 00:26:03,759 information and you can chase them. You can get the 380 00:26:03,799 --> 00:26:07,680 information and go arrest them tomorrow morning. There's all kinds 381 00:26:07,720 --> 00:26:11,319 of things do, but you don't shoot at vehicles as 382 00:26:11,319 --> 00:26:18,880 they're driving away. It shows that they don't have basic 383 00:26:19,079 --> 00:26:22,519 police training. They really don't. And I think part of 384 00:26:22,559 --> 00:26:25,039 it is remember they had a search where they needed 385 00:26:25,039 --> 00:26:29,440 to hire lots of more agents and I think with 386 00:26:29,640 --> 00:26:36,039 that they got people that are rambos or something. I'm 387 00:26:36,079 --> 00:26:42,400 not quite sure what they are. But about the body 388 00:26:42,400 --> 00:26:45,839 Warren cameras that police do use them, yesterday there was 389 00:26:45,880 --> 00:26:49,319 a lot of hubbub about Ice isn't wearing them. Caroline 390 00:26:49,440 --> 00:26:52,400 Levitt had an update for us at the White House 391 00:26:52,960 --> 00:26:54,079 press conference today. 392 00:26:54,640 --> 00:26:57,200 Speaker 7: Over half of all ICE field offices now do have 393 00:26:57,279 --> 00:27:00,200 body cameras, and the remainder of the field offices are 394 00:27:00,200 --> 00:27:03,200 expected within sixty days. It's been a slower rollout than 395 00:27:03,240 --> 00:27:05,119 we would have hoped, but that's because of the Democrat's 396 00:27:05,119 --> 00:27:08,799 decision to shut down DHS for several weeks. So we 397 00:27:08,920 --> 00:27:12,079 expect to fully execute on the promise of body cams 398 00:27:12,079 --> 00:27:14,039 to all field offices across the country. 399 00:27:14,119 --> 00:27:18,680 Speaker 1: Very stands ahh, so that shut down of DHS. There's 400 00:27:18,720 --> 00:27:20,599 one of the reasons they could not go out and 401 00:27:20,599 --> 00:27:25,839 buy the body camera's. Former DHS secretary Chad wolf nodded 402 00:27:25,880 --> 00:27:26,599 on that one. 403 00:27:26,759 --> 00:27:29,640 Speaker 8: Well, it's very dangerous. Obviously, these folks are lunatics, and 404 00:27:29,680 --> 00:27:32,039 that individual probably has not left his mother's basement in 405 00:27:32,079 --> 00:27:35,160 quite some time. He doesn't understand law enforcement, he doesn't 406 00:27:35,240 --> 00:27:38,839 understand the mission, and he doesn't understand the statutory mission 407 00:27:38,839 --> 00:27:41,559 that ICE has been given by the United States Congress. 408 00:27:41,599 --> 00:27:44,480 They have to do that job and remove dangerous folks 409 00:27:44,559 --> 00:27:47,240 from the country. You can disagree on policy, you can 410 00:27:47,279 --> 00:27:50,640 disagree about targets and who they should remove, but what 411 00:27:50,799 --> 00:27:53,240 everyone should agree on is that those that don't have 412 00:27:53,319 --> 00:27:55,920 a legal right to be in the United States should 413 00:27:55,960 --> 00:27:59,839 be removed. Every other country around the world does this right. 414 00:28:00,119 --> 00:28:03,559 You don't have a country without borders and without enforcing 415 00:28:03,599 --> 00:28:05,119 that border security and immigration. 416 00:28:05,880 --> 00:28:09,400 Speaker 1: Yeah, that seems kind of basic to me. But they 417 00:28:09,519 --> 00:28:13,599 need good trained officers so that people will respect ICE 418 00:28:13,720 --> 00:28:17,279 instead of trashing them like they have been lately. As 419 00:28:17,319 --> 00:28:22,279 far as the economy goes looks pretty good. Retail sales 420 00:28:22,359 --> 00:28:29,200 numbers came out yesterday June retail sales were up two 421 00:28:29,359 --> 00:28:33,200 tenths of one percent, and the only reason they were 422 00:28:33,319 --> 00:28:37,359 up was because of gas prices being where they are. 423 00:28:38,000 --> 00:28:43,799 Otherwise you take out automobile sales, which were way up, 424 00:28:44,359 --> 00:28:47,839 and you wind up with minus two tenths of one percent, 425 00:28:47,880 --> 00:28:50,559 So retail sales and kind of flattened out in the 426 00:28:50,599 --> 00:28:57,039 month of June. Natasha Sarah, she is an economist and 427 00:28:57,240 --> 00:28:59,039 a law professor over at Yale. 428 00:28:59,359 --> 00:29:01,759 Speaker 9: She had this observation, I think where we are this 429 00:29:01,839 --> 00:29:05,440 week is we got an inflation read that was lower 430 00:29:05,440 --> 00:29:08,839 than expectations but still pretty high. We're in the mid threes. 431 00:29:09,319 --> 00:29:13,400 We have consumer retail sales holding up pretty well. We 432 00:29:13,480 --> 00:29:16,279 have jobless claims indicating what the job's numbers have been 433 00:29:16,279 --> 00:29:18,680 indicating for the last few months, which is the labor 434 00:29:18,720 --> 00:29:21,240 market is doing pretty well. And so I think where 435 00:29:21,240 --> 00:29:23,519 we're looking at a picture that is starting to form 436 00:29:23,960 --> 00:29:27,519 of an economy where inflation is really a core issue. 437 00:29:27,839 --> 00:29:31,599 And remember, all of these are backward looking indicators except 438 00:29:31,640 --> 00:29:35,680 for what it was saying towards the end on business indicators, 439 00:29:36,160 --> 00:29:38,920 and that means that we're not actually capturing a bunch 440 00:29:38,960 --> 00:29:41,319 of what is happening with respect to the conflict in Iran, 441 00:29:41,640 --> 00:29:44,519 where I suspect upward pressure on oil prices and gas 442 00:29:44,559 --> 00:29:46,599 price is going to continue in the next few weeks. 443 00:29:46,759 --> 00:29:50,720 Speaker 1: Yeah, so that's the war heats up, Watch prices heat up, 444 00:29:50,960 --> 00:29:54,680 inflation will heat up. And she's basically going, yeah, what 445 00:29:54,720 --> 00:29:57,960 we think the FED is going to be raising interest 446 00:29:58,039 --> 00:30:02,559 rates later this year, not towing them. Joe Lovarno is 447 00:30:02,599 --> 00:30:06,799 an economist. I believe he thinks that they're going to 448 00:30:06,880 --> 00:30:08,519 raise rates at the FED as well. Yeh. 449 00:30:08,720 --> 00:30:11,839 Speaker 10: I mean, the economy is booming, but there is certainly 450 00:30:11,920 --> 00:30:16,279 inflation pressure. Today's this week's data was obviously excellent, as 451 00:30:16,319 --> 00:30:19,920 Natasha mentioned. However, given the fact we're going to have 452 00:30:20,880 --> 00:30:23,480 double digit if in the mid to high teens for 453 00:30:23,559 --> 00:30:27,000 CAPEX and GDP, the retail sales are strong, The labor 454 00:30:27,039 --> 00:30:30,720 market shows no signs of weakening now it's actually appears 455 00:30:30,759 --> 00:30:34,200 to be firming. Claims are super low. You've got monetary 456 00:30:34,200 --> 00:30:37,519 policy that's very easy, and inflation will not go back 457 00:30:37,559 --> 00:30:40,200 to target without some help from the Fed. Last year 458 00:30:40,200 --> 00:30:43,799 I got seventy five bases points and easing from the 459 00:30:43,799 --> 00:30:46,759 Fed because there was concern about the labor market. Those 460 00:30:46,799 --> 00:30:50,400 concerns now are misplaced and the inflation outlook is more uncertain. 461 00:30:50,480 --> 00:30:53,279 It's more fraught now than it was six seven months 462 00:30:53,279 --> 00:30:56,200 ago when the FED was easing or contemplating further easing. So, yes, 463 00:30:56,240 --> 00:30:57,799 the economy is good, but it's going to need some 464 00:30:58,400 --> 00:30:59,880 help from the FED to kind of slow things. 465 00:31:00,720 --> 00:31:03,680 Speaker 1: Yeah, So those are two economists that agree with each other. 466 00:31:04,480 --> 00:31:07,200 The economy is doing fine, it's moving along a little 467 00:31:07,240 --> 00:31:10,440 bit faster. It's above the inflation target that the FED 468 00:31:10,519 --> 00:31:14,079 once and so expect them to raise interest rates as 469 00:31:14,160 --> 00:31:18,799 we go through the rest of twenty twenty six. I 470 00:31:19,359 --> 00:31:22,039 think that's just about You can bet the farm on 471 00:31:22,079 --> 00:31:24,720 that one Wall Street today. Let's see what it did. 472 00:31:25,000 --> 00:31:28,000 Should probably set this up with what we got yes 473 00:31:28,039 --> 00:31:34,480 Also yesterday IBM, Big Blue, they came out with terrible, 474 00:31:35,119 --> 00:31:39,680 terrible earnings for the quarter. There's Talck fell twenty five 475 00:31:39,799 --> 00:31:44,039 percent yesterday, twenty five percent, and a lot of people 476 00:31:44,079 --> 00:31:46,440 are looking at Big Blue and going, that's the canary 477 00:31:46,519 --> 00:31:48,440 in the coal mine. What about all the other tech 478 00:31:48,480 --> 00:31:52,839 sectors out there? Well, more selling of chips again today, 479 00:31:53,720 --> 00:31:58,079 Dow Jones industrials went along for the ride, down four 480 00:31:58,359 --> 00:32:02,240 hundred and six. The Dow at fifty two thousand and one, 481 00:32:02,400 --> 00:32:08,319 forty six, the SMP down seventy six, NASDAK down three 482 00:32:08,480 --> 00:32:11,720 hundred and sixty one. The price of gold it went 483 00:32:11,799 --> 00:32:16,200 up twenty three dollars to four thy fourteen. And oh man, 484 00:32:16,279 --> 00:32:20,039 look at oil, it just keeps climbing another three and 485 00:32:20,039 --> 00:32:24,599 a half dollars today West Texas Intermediate now more than 486 00:32:24,720 --> 00:32:29,440 eighty two dollars for one barrel of oil. So that's 487 00:32:29,480 --> 00:32:32,319 it for today. Thank you for coming by. We will 488 00:32:32,359 --> 00:32:35,960 be back on Monday. In the meantime, have a wonderful weekend. 489 00:32:35,960 --> 00:32:45,400 It we'll see on Monday.