1 00:00:22,440 --> 00:00:25,600 Speaker 1: And welcome to the Big Podcast. Happy Monday to you. 2 00:00:26,320 --> 00:00:30,559 I hope you had a great weekend. It's Monday, the 3 00:00:30,600 --> 00:00:34,280 thirteenth of April, Year of Our Lord, twenty twenty six. 4 00:00:34,439 --> 00:00:39,000 My name is Tom Sullivan. I watch maybe two golf 5 00:00:39,039 --> 00:00:42,920 tournaments a year, and not the whole thing, only like 6 00:00:42,960 --> 00:00:46,359 the last hour or two. One of them is the Masters, 7 00:00:46,520 --> 00:00:50,439 and McElroy won for the second year in a row, 8 00:00:50,560 --> 00:00:53,600 and it was he's such a great golfer and such 9 00:00:53,600 --> 00:00:56,799 a great champion, but he never won the green jacket 10 00:00:56,880 --> 00:00:59,200 until last year, and then this year he wanted again. 11 00:00:59,359 --> 00:01:03,079 So that was ane thing over the weekend. And over 12 00:01:03,119 --> 00:01:06,760 the weekend they had the big negotiations going on over 13 00:01:06,799 --> 00:01:12,480 in Pakistan, and they went twenty one hours of negotiating 14 00:01:13,239 --> 00:01:17,280 about what to do regarding Iran, and they came away 15 00:01:17,280 --> 00:01:19,879 with no deal. So I'm sure there was a bunch 16 00:01:19,879 --> 00:01:24,400 of tired people, but they came up with nothing. And 17 00:01:24,480 --> 00:01:30,120 so Vice President Jeddie Vance flies home. And when he 18 00:01:30,159 --> 00:01:36,640 gets home, he got back yesterday, and yesterday evening the 19 00:01:36,680 --> 00:01:40,480 President came out and said, Okay, here's the next plan. 20 00:01:41,079 --> 00:01:47,040 And the next plan is to blockade the Strait of Hormuz. 21 00:01:48,760 --> 00:01:51,359 And this has been brought up before. I want to 22 00:01:51,400 --> 00:01:55,400 say it was Scott Besant that talked about maybe because 23 00:01:55,400 --> 00:01:58,599 they let the sanctions off of ironnie and oil, which 24 00:01:58,719 --> 00:02:03,079 made it so that was making even more money. But 25 00:02:03,200 --> 00:02:06,560 they were only letting their own ships through the strait 26 00:02:06,599 --> 00:02:08,960 of war moves. And I think Besons came up with 27 00:02:09,000 --> 00:02:12,439 the idea, well, why don't we just blockade everything? And 28 00:02:13,360 --> 00:02:17,039 I'm really surprised by some of the specially Democrats that 29 00:02:17,120 --> 00:02:19,759 I think there's some of them that are pretty pretty 30 00:02:19,759 --> 00:02:22,439 smart people that are going, I don't get this, I 31 00:02:22,479 --> 00:02:27,719 don't understand, and I'm going, how hard is this to understand? Yes, 32 00:02:27,879 --> 00:02:33,919 it will drive oil prices higher, maybe it will probably actually, 33 00:02:34,560 --> 00:02:38,879 but at the same time it will cut off a 34 00:02:39,000 --> 00:02:43,680 run has been making a fortune off of the straight 35 00:02:43,759 --> 00:02:46,800 of war moves. They send all of their oil out 36 00:02:47,000 --> 00:02:50,800 but nobody else, and at the oil prices we get 37 00:02:50,840 --> 00:02:56,360 we have today, they're making boatloads, literally boat loads of money. 38 00:02:56,680 --> 00:03:01,000 And so as a result, this is a big chunk 39 00:03:01,120 --> 00:03:04,560 of their income. Why don't we cut off their income. 40 00:03:04,599 --> 00:03:07,719 There's no other country that we've ever gone to war 41 00:03:07,800 --> 00:03:11,120 with where that country made more money because we were 42 00:03:11,159 --> 00:03:16,560 at war with them. So that's the first item is 43 00:03:17,039 --> 00:03:20,560 the blockade. Let's start first with just the deal itself. 44 00:03:20,599 --> 00:03:24,639 Barack Revid who worked for Accios, has close tabs on 45 00:03:24,680 --> 00:03:26,439 what's going on there. 46 00:03:27,159 --> 00:03:30,560 Speaker 2: No doubt, And the previous nuclear deal took a year 47 00:03:30,560 --> 00:03:35,039 and a half to negotiate. Here we're talking about negotiations 48 00:03:35,039 --> 00:03:39,159 that you know, the war negotiations last April and May. 49 00:03:39,280 --> 00:03:43,479 There were negotiations now before the war in February, but 50 00:03:43,719 --> 00:03:46,719 now we only had twenty one hours of negotiations. But 51 00:03:46,800 --> 00:03:50,039 I think what they're trying to reach is first a 52 00:03:50,080 --> 00:03:55,479 one pager that gives very very general, in very general terms, 53 00:03:56,000 --> 00:03:59,560 what both sides agree on, and if on the nuclear 54 00:03:59,560 --> 00:04:02,879 issue there will be a general agreement, I think everything 55 00:04:02,919 --> 00:04:05,240 else will well, there's a good chance it will fall 56 00:04:05,280 --> 00:04:05,840 into place. 57 00:04:07,159 --> 00:04:09,280 Speaker 1: And I think that's the effort. Right now. 58 00:04:09,759 --> 00:04:14,599 Speaker 2: We have until April twenty first, when the seasfire expires. 59 00:04:15,240 --> 00:04:17,399 One of the things that the mediators are trying to 60 00:04:17,399 --> 00:04:21,639 do is to get the USA RAN to hold another 61 00:04:21,720 --> 00:04:25,360 round of negotiations with the hope that there'll be enough 62 00:04:25,759 --> 00:04:29,959 progress for President trumk to agree for another extension of 63 00:04:30,000 --> 00:04:32,519 the seas fire. That one of the mediators, the four 64 00:04:32,560 --> 00:04:36,879 Miniestoa Turkey said today that forty five to sixty days 65 00:04:36,920 --> 00:04:40,959 will be needed to get a deal. Other mediators have 66 00:04:41,079 --> 00:04:44,279 different number of days. But I think that's the effort 67 00:04:44,319 --> 00:04:47,040 right now, to have another round of negotiations and to 68 00:04:47,079 --> 00:04:48,480 have an extension of the seaspire. 69 00:04:48,639 --> 00:04:50,480 Speaker 1: He's guys, thinker on the post of this thing, and 70 00:04:50,519 --> 00:04:52,759 that's exactly what they're trying to do, is just drag 71 00:04:52,839 --> 00:04:57,439 this thing out. And yes, the ceasefire is apparently still 72 00:04:57,680 --> 00:05:01,720 being held, and no they're not shooting at each other. 73 00:05:02,480 --> 00:05:07,920 But the blockade of the Strait of Hormuz started at 74 00:05:07,920 --> 00:05:11,560 ten o'clock this morning Eastern time, and so it's underway, 75 00:05:12,439 --> 00:05:17,639 and we have sent two US Navy destroyers into the 76 00:05:17,639 --> 00:05:21,399 Strait of Hormuz. And we'll get into the whole business 77 00:05:21,439 --> 00:05:24,879 about the mind clearing and everything else that they're worried about. 78 00:05:25,360 --> 00:05:30,279 But this is now, I think a pretty good chance 79 00:05:30,319 --> 00:05:32,959 that you're going to see that this will stretch out 80 00:05:33,000 --> 00:05:36,160 to the end of this ceasefire period, which is another 81 00:05:36,600 --> 00:05:39,279 what do you say, the twenty first, and then after 82 00:05:39,319 --> 00:05:43,920 that Donald Trump will extended even more and they'll come 83 00:05:43,959 --> 00:05:49,560 to some sort of agreement. Already, since the blockade started 84 00:05:49,560 --> 00:05:53,000 this morning, the White House is saying that Iran has 85 00:05:53,040 --> 00:05:55,879 called and said, well, let's talk some more. I'm always 86 00:05:55,920 --> 00:05:59,040 interested in Brett McGirk because he's done a bunch of these, 87 00:05:59,120 --> 00:06:02,959 he's done ceasefire, he knows the Middle East, he's worked 88 00:06:02,959 --> 00:06:06,600 for for presidents. This is his reaction to what happened 89 00:06:06,600 --> 00:06:07,319 over the weekend. 90 00:06:07,560 --> 00:06:09,959 Speaker 3: Every time I've negotiated with Iran, they come in. They're 91 00:06:09,959 --> 00:06:12,519 the weaker power, but they come in with something. They 92 00:06:12,600 --> 00:06:15,959 understand that no negotiations work without leverage, and they come 93 00:06:16,000 --> 00:06:19,360 in they're holding hostages, or they're attacking American troops, or 94 00:06:19,920 --> 00:06:21,920 I've been with the Iranians in Oman where they shut 95 00:06:21,959 --> 00:06:24,639 down a passage in the Red Sea through the houthis 96 00:06:24,639 --> 00:06:26,920 one of their proxies. So what happened in Pakistan and 97 00:06:27,000 --> 00:06:30,120 Iran came in and basically put a proverbial loaded gun 98 00:06:30,120 --> 00:06:33,199 on the table and they said, we control the Straight 99 00:06:33,240 --> 00:06:37,360 of Hormuz. The straight will remain closed. Other than our 100 00:06:37,480 --> 00:06:42,279 ships and ships that we approved through passageway up near 101 00:06:42,319 --> 00:06:45,600 the Iranian border, there's kind of a separate route. And 102 00:06:45,839 --> 00:06:47,720 the Americans could have done two things. They could have 103 00:06:47,759 --> 00:06:50,639 tried to put more on the table to try to 104 00:06:50,680 --> 00:06:53,040 open up the straight of Hormuz or put a bigger 105 00:06:53,040 --> 00:06:56,839 gun on the table. And that's basically what's happened. Whether 106 00:06:56,920 --> 00:06:58,920 or not it works, we'll see, But it's basically the 107 00:06:58,920 --> 00:07:01,759 Americans saying, actually, what's going to happen is a strait 108 00:07:01,839 --> 00:07:06,199 will be open to everyone but your ships. And this 109 00:07:06,319 --> 00:07:08,600 is the first time ever we're in uncharted waters. No 110 00:07:08,680 --> 00:07:12,079 pun intended that we have a blockade on Iran. They 111 00:07:12,079 --> 00:07:15,399 cannot get their oil out of the Golf and it's 112 00:07:15,439 --> 00:07:17,759 a big move that we're making. I think the Navy 113 00:07:17,800 --> 00:07:20,120 can do it, but you know, we'll see how it 114 00:07:20,160 --> 00:07:20,680 plays out. 115 00:07:20,879 --> 00:07:21,079 Speaker 1: Now. 116 00:07:21,120 --> 00:07:25,079 Speaker 3: Importantly, the ceasefire is in place. The ceasefire lasts until 117 00:07:25,120 --> 00:07:28,319 April twenty second, and this is kind of I would 118 00:07:28,439 --> 00:07:32,160 see this as this is still a negotiation. It doesn't 119 00:07:32,199 --> 00:07:34,319 mean that we're in the precipice of the war starting again. 120 00:07:34,600 --> 00:07:37,079 But Iran could react here by breaking the ceasefire. They 121 00:07:37,079 --> 00:07:40,319 could strike ports in the Golf, they could strike some ships. 122 00:07:40,920 --> 00:07:43,120 I don't think they'll do that, but this is going 123 00:07:43,160 --> 00:07:44,720 to play out here over the next week. It's a 124 00:07:44,720 --> 00:07:47,759 big move that President Trump just made and it is 125 00:07:47,839 --> 00:07:50,279 going to really bite the Iranians if it works. Because 126 00:07:50,319 --> 00:07:52,920 this is how this is their economic lifeline. 127 00:07:53,000 --> 00:07:55,000 Speaker 1: Okay, it is a big move. It's a bold move. 128 00:07:55,040 --> 00:07:57,399 We'll see if it works. Nobody seems to know where 129 00:07:57,959 --> 00:08:00,680 this is going or what's going to happen next. But 130 00:08:01,040 --> 00:08:05,040 it's they're saying we're blocking the strait of our moves 131 00:08:05,480 --> 00:08:07,879 from all the ships that want to move their oil, 132 00:08:08,319 --> 00:08:13,040 and we're saying we're blocking Iranian ships. So who's going 133 00:08:13,120 --> 00:08:14,040 to blink you? 134 00:08:14,160 --> 00:08:17,079 Speaker 3: War is ultimately a test of wills, and that is 135 00:08:17,120 --> 00:08:19,120 still what we see playing out. I think the Iranians say, 136 00:08:19,160 --> 00:08:22,399 are very surprised actually that the American side made this move. 137 00:08:22,439 --> 00:08:25,360 I do not think they anticipated it. I thought they 138 00:08:25,519 --> 00:08:28,120 they believe that the economic pressure is really biting and 139 00:08:28,120 --> 00:08:30,000 that we are going to have to kind of sue 140 00:08:30,040 --> 00:08:31,959 at the table to try to get the straight open. 141 00:08:32,240 --> 00:08:34,960 And we've now done the opposite. But yeah, it's a 142 00:08:34,960 --> 00:08:37,679 test of wills. I mean so far here, actually the 143 00:08:38,159 --> 00:08:41,639 American side and the President are showing that they are 144 00:08:41,679 --> 00:08:46,720 determined to achieve at the negotiating table now what they 145 00:08:46,759 --> 00:08:49,120 have demanded from the beginning, and that means an abandonment 146 00:08:49,159 --> 00:08:52,120 of Iron's Richmond program, which is the cornerstone of a 147 00:08:52,200 --> 00:08:54,440 nuclear program if you want to have the potential for 148 00:08:54,519 --> 00:08:57,080 a weapon and some other things that they're demanding. 149 00:08:57,279 --> 00:08:58,240 Speaker 1: It's a high stakes game. 150 00:08:58,279 --> 00:09:00,279 Speaker 3: I don't know where it's going to go. Oh, but 151 00:09:00,320 --> 00:09:03,039 I do think given that the Iranis are using the 152 00:09:03,039 --> 00:09:06,159 strait of Her Moves as their main leverage card, and 153 00:09:06,200 --> 00:09:08,799 they've set it openly, it's what we've known they might 154 00:09:08,840 --> 00:09:11,159 always do for decades. It's one reason we actually never 155 00:09:12,200 --> 00:09:14,559 did a military campaign like this because of the risk. 156 00:09:14,960 --> 00:09:17,879 They're now doing it, and we're trying to combat it 157 00:09:17,919 --> 00:09:19,720 by saying, okay, well, if you're going to shut the 158 00:09:19,720 --> 00:09:21,159 straight up Her Moves, it's going to be shut to 159 00:09:21,240 --> 00:09:24,200 your tankers, and we will use our assets to open 160 00:09:24,200 --> 00:09:26,480 it to others. One important thing John over the weekend 161 00:09:26,559 --> 00:09:29,519 also while these talks are going on in Pakistan, and 162 00:09:29,600 --> 00:09:31,320 I don't want to just drive by the fact these 163 00:09:31,320 --> 00:09:33,639 are the highest level talks between the Iranians and the 164 00:09:33,679 --> 00:09:37,639 Americans since Iron's revolution in nineteen seventy nine. So it's 165 00:09:37,679 --> 00:09:42,919 again unprecedented, but two American naval destroyers went through that 166 00:09:43,000 --> 00:09:45,279 international passageway, and the straight of Her Moves has been 167 00:09:45,360 --> 00:09:48,519 used for decades that the Iranians have set his mind 168 00:09:48,559 --> 00:09:50,639 and is dangerous. That was an important show of force 169 00:09:51,000 --> 00:09:53,200 and again trying to build confidence for the shippers to 170 00:09:53,279 --> 00:09:55,759 use that passageway. But this is going to take a 171 00:09:55,759 --> 00:09:57,399 long time. I dealt with this in the Red Sea, 172 00:09:57,519 --> 00:09:59,720 even when we had a military coalition to help open 173 00:09:59,720 --> 00:10:02,960 it up. It's very difficult for the confidence of the 174 00:10:03,000 --> 00:10:05,759 shippers and the insurance companies to put those ships in 175 00:10:05,840 --> 00:10:08,120 US cargoes through. But let's hope it works well. 176 00:10:08,120 --> 00:10:10,759 Speaker 1: The more fundamental question for me is why are we 177 00:10:10,840 --> 00:10:13,879 even negotiating with these people who have a long history 178 00:10:14,519 --> 00:10:19,120 of being terrorist. They lie about everything, they don't keep 179 00:10:19,159 --> 00:10:22,519 their promises. Why are we even talking to them. Why 180 00:10:22,519 --> 00:10:27,240 don't they just finish the military campaign and see what's left. 181 00:10:27,600 --> 00:10:29,279 You got to get rid of this regime. And the 182 00:10:29,320 --> 00:10:33,679 regime has not been changed. Names have changed, but it's 183 00:10:33,720 --> 00:10:37,679 the same crowd meantime. One guy who has made it 184 00:10:37,759 --> 00:10:40,519 very clear he wants to finish the military part is 185 00:10:41,120 --> 00:10:43,399 General Jack Keen. Yeah. 186 00:10:43,440 --> 00:10:45,559 Speaker 4: Well, first of all, I think the time is exquisite 187 00:10:45,639 --> 00:10:48,480 here in terms of what's actually taking place. I mean, 188 00:10:48,600 --> 00:10:52,159 clearly Aaran had the momentum in the upper hand when 189 00:10:52,200 --> 00:10:54,799 they shut down the straits of a Mouse and then 190 00:10:54,840 --> 00:10:58,000 the administration went to a ceasefire, and Iran got what 191 00:10:58,039 --> 00:11:00,440 they wanted. They wanted a war to stop. So we 192 00:11:00,519 --> 00:11:06,240 went into negotiations and clearly the President gave his negotiators 193 00:11:06,279 --> 00:11:09,679 clear instructions here and he wanted everything, and he didn't 194 00:11:09,679 --> 00:11:12,639 get everything. The Iranians kind of surprised me a little bit. 195 00:11:13,039 --> 00:11:17,159 I think they actually miscalculated somewhat because I think they 196 00:11:17,919 --> 00:11:20,360 overplayed their hand in the sense of what the straits 197 00:11:20,360 --> 00:11:22,720 of a moves and taking control of it meant. We 198 00:11:22,759 --> 00:11:25,639 all understand the significance it means in the region, that 199 00:11:25,720 --> 00:11:28,519 its impact on the world economy. Got that, but I 200 00:11:28,519 --> 00:11:31,840 think they believed it had more impact on the president 201 00:11:31,879 --> 00:11:35,320 and his team than that, and they expected us to 202 00:11:35,399 --> 00:11:38,480 fold and make some concessions because they believed they had 203 00:11:38,559 --> 00:11:40,840 us in the right place based on the fact that 204 00:11:40,879 --> 00:11:43,120 they were now in control of the Straits of Moves, 205 00:11:43,759 --> 00:11:46,320 and that wasn't the case at all. You know, my 206 00:11:46,440 --> 00:11:48,840 confidence is always in the President. He's the number one 207 00:11:48,879 --> 00:11:51,720 backstop here and he's just not going to make a 208 00:11:51,759 --> 00:11:55,360 bad deal. And that's the reality of it. In terms 209 00:11:55,360 --> 00:11:57,960 of what's in front of us now. This is the 210 00:11:58,039 --> 00:12:00,759 right thing to do. We now have taken a momentum 211 00:12:00,879 --> 00:12:04,919 away from Iran. That is clear. We're in the hour 212 00:12:04,960 --> 00:12:09,399 of execution. Ships are coming on a channel that Sendcom 213 00:12:09,480 --> 00:12:12,159 is demanding them to talk to on and they will 214 00:12:12,200 --> 00:12:16,080 control their transit on that channel and tell them where 215 00:12:16,080 --> 00:12:18,919 to go and what to do. Anybody to test it 216 00:12:19,000 --> 00:12:22,759 will see Marines boarding no ships. If Iran wants to 217 00:12:22,799 --> 00:12:26,399 test these things, that's what they're going to get. Likely 218 00:12:26,720 --> 00:12:28,840 they'll have to calculate that that they really want the 219 00:12:28,919 --> 00:12:32,799 humiliation of that taking place with the Marines on international 220 00:12:32,799 --> 00:12:36,320 television boarding one of their ships that are carrying their oil. 221 00:12:36,360 --> 00:12:39,120 May not be their flagship, but there's carrying their oil. 222 00:12:39,960 --> 00:12:44,399 Or Iran is also threatening to take out some of 223 00:12:44,440 --> 00:12:48,759 the other ports facilities certainly, or take out the oil 224 00:12:48,799 --> 00:12:51,720 production capabilities in the golf station or a natural gas 225 00:12:51,759 --> 00:12:56,759 production capability in Qatar, or they could just stalemate and 226 00:12:56,840 --> 00:12:59,200 sweat this out a little bit, with the United States 227 00:12:59,240 --> 00:13:03,399 believing that the United States have eventually would relent because 228 00:13:03,480 --> 00:13:07,279 after all, oil isn't flowing to the degree it should flow. 229 00:13:07,759 --> 00:13:11,879 But remember the escape val here is what we have 230 00:13:12,000 --> 00:13:15,360 in place is the United States is going to permit 231 00:13:15,440 --> 00:13:20,000 the transit of oil for countries that are non Iranean ports. 232 00:13:20,000 --> 00:13:23,279 It remains to be seen whether those ships will still 233 00:13:23,320 --> 00:13:26,600 transit because they believe Iran can intervene in it. So 234 00:13:26,840 --> 00:13:30,000 the second piece it is, and we haven't discussed that much, 235 00:13:30,679 --> 00:13:33,919 is we have the blockade. That's piece one. But we 236 00:13:34,039 --> 00:13:37,000 certainly believe that we will have to make certain the 237 00:13:37,080 --> 00:13:41,440 straits are open and clear, and that will take another 238 00:13:41,519 --> 00:13:46,240 operation by Central Command. They have obviously begun that operation 239 00:13:46,879 --> 00:13:50,879 by sending up, as you pointed out, a couple of destroyers, 240 00:13:51,320 --> 00:13:55,399 and we've got some underground drones looking for these mines 241 00:13:55,440 --> 00:13:58,759 that are that aren't tracked by the Iranians. So we've 242 00:13:58,799 --> 00:14:01,360 got some mind sweeping the we got some clearance to do, 243 00:14:01,799 --> 00:14:05,000 and then also we have to secure the transit of 244 00:14:05,279 --> 00:14:09,080 all those other ships. And remember, for our audience to understand, 245 00:14:10,080 --> 00:14:13,879 this is an implication of defense budget. When Reagan came 246 00:14:13,919 --> 00:14:16,320 after the Iranians in eighty eight because they they were 247 00:14:16,360 --> 00:14:20,240 interfering with the transit of oil through the region, he 248 00:14:20,399 --> 00:14:23,200 had twice the number of ships that we have in 249 00:14:23,200 --> 00:14:24,279 the United States Navy. 250 00:14:24,320 --> 00:14:27,080 Speaker 1: Now we're under three hundred. Then he was closer to 251 00:14:27,159 --> 00:14:27,799 six hundred. 252 00:14:28,960 --> 00:14:32,320 Speaker 4: We had a different navy and all the atrophy of 253 00:14:32,399 --> 00:14:35,039 Obama budgets and the nine Elemon wars that brought us 254 00:14:35,080 --> 00:14:37,919 to this place, and the importance of the Trump defence 255 00:14:37,960 --> 00:14:41,519 budget and not just building up the navy. The Army 256 00:14:41,600 --> 00:14:43,919 is the smallest suspensince prior to World War Two. The 257 00:14:43,960 --> 00:14:47,600 Air Force is down forty year low. That is going 258 00:14:47,679 --> 00:14:51,120 to be imperative. But this is a graphic illustration of 259 00:14:51,200 --> 00:14:52,559 why you need a larger navy. 260 00:14:53,759 --> 00:14:56,759 Speaker 1: That's surprising. I mean, I knew that that our military 261 00:14:56,879 --> 00:14:58,720 was not as big as it used to be, but 262 00:14:58,840 --> 00:15:02,159 I mean he's talking the Air Force, the Navy, the Army, 263 00:15:02,600 --> 00:15:07,320 all of them substantially smaller. So what does General Keane 264 00:15:07,519 --> 00:15:11,159 think will happen from here? I think likely in front 265 00:15:11,159 --> 00:15:11,559 of us. 266 00:15:12,399 --> 00:15:16,360 Speaker 4: I think our tactic would be let the cease fire 267 00:15:16,440 --> 00:15:19,159 play out to its duration. Event the Iranians want to 268 00:15:19,200 --> 00:15:21,519 come back and talk somewhere, and they may very well. 269 00:15:22,000 --> 00:15:24,840 I mean, they know now how stiff the Americans are 270 00:15:24,879 --> 00:15:27,600 in their position, and they may be willing to make 271 00:15:27,639 --> 00:15:31,840 some concessions they weren't made before. As I've said time 272 00:15:31,919 --> 00:15:34,480 and time again here, even when they make those kind 273 00:15:34,480 --> 00:15:38,519 of concessions, you've got to be completely skeptical about it. 274 00:15:38,559 --> 00:15:42,399 Because their likelihood is just to delete a ceasefire, which 275 00:15:42,440 --> 00:15:46,279 because that's in their interest and solely not in ours. Yes, 276 00:15:46,679 --> 00:15:49,279 the Iranians know we'll go back to combat operations, but 277 00:15:49,440 --> 00:15:52,720 believe me, I think once the ceasefire ends, I think 278 00:15:52,759 --> 00:15:55,759 we need to go back to combat operations anyway. I 279 00:15:55,759 --> 00:16:01,559 mean Cooper running Central Command ends and here running the IDF, 280 00:16:01,960 --> 00:16:04,559 they both had close to two weeks left of targets 281 00:16:04,600 --> 00:16:07,720 to take down. That tells us there's still something out there, 282 00:16:08,120 --> 00:16:09,919 and I think we should go out and finish it. 283 00:16:10,279 --> 00:16:13,759 If there's some very critical targets and we want to 284 00:16:13,799 --> 00:16:17,519 do something limited, then that's absolutely essential. But I think 285 00:16:17,799 --> 00:16:22,279 those commanders should drive and certainly then they're going to 286 00:16:22,320 --> 00:16:25,120 do that. They're going to tell Prime Minister that now, 287 00:16:25,200 --> 00:16:28,360 and also President Trump. Here's what we have left, here's 288 00:16:28,360 --> 00:16:30,960 what the tasks are ahead of us, and those decisions 289 00:16:31,000 --> 00:16:32,039 will be made accordingly. 290 00:16:32,960 --> 00:16:36,200 Speaker 1: I told you he wants to continue the punch list, 291 00:16:36,399 --> 00:16:40,799 he wants to continue the military of war and take 292 00:16:40,840 --> 00:16:43,840 out that regime. It's still there. I don't know why 293 00:16:43,879 --> 00:16:46,159 we're negotiating with him. And I bet you if General 294 00:16:46,240 --> 00:16:49,799 Ken was asked the specific question, I bet you he 295 00:16:49,799 --> 00:16:54,559 would say the same thing. So the blockade, here's President 296 00:16:54,600 --> 00:16:55,799 Trump talking about it. 297 00:16:56,039 --> 00:16:57,919 Speaker 5: Do you know what's tennant flock Tomorrow? We have a 298 00:16:58,000 --> 00:17:01,840 blockade going into effect. That'll be ten o'clock tomorrow. Other 299 00:17:01,919 --> 00:17:05,359 nations are working so that Iran will not be able 300 00:17:05,400 --> 00:17:09,039 to sell oil, and that would be very effective. 301 00:17:09,039 --> 00:17:10,880 Speaker 1: There are many boats heading. 302 00:17:10,519 --> 00:17:13,799 Speaker 5: Toward our country to fill up with oil and then 303 00:17:13,920 --> 00:17:15,559 go and take it, so they're not going to go 304 00:17:15,640 --> 00:17:20,759 through the Horbode straight, and ultimately that'll be corrected. But 305 00:17:21,240 --> 00:17:24,240 in the meantime, they're using us. I think Irana's in 306 00:17:24,480 --> 00:17:28,839 very bad shape. I think they're very desperate. We had 307 00:17:28,880 --> 00:17:31,799 a meeting that less than twenty one hours. We understand 308 00:17:32,200 --> 00:17:36,359 the situation better than anybody, and Iran's in very bad shape. 309 00:17:37,079 --> 00:17:40,720 Iran will not be able to sell oil, and that 310 00:17:40,839 --> 00:17:41,960 would be very effective. 311 00:17:42,039 --> 00:17:44,599 Speaker 1: But what we want to do is we want to 312 00:17:45,079 --> 00:17:46,279 and again we don't need it. 313 00:17:46,920 --> 00:17:49,160 Speaker 5: What we notice and what we see and what I 314 00:17:49,200 --> 00:17:52,799 think is maybe my idea, maybe not, I don't know, 315 00:17:53,440 --> 00:17:56,799 but there are many boats heading toward our country to 316 00:17:56,880 --> 00:17:59,279 fill up with oil and then go and take it, 317 00:17:59,319 --> 00:18:01,119 so they're not going to he goes through the Ormost 318 00:18:01,079 --> 00:18:05,240 straight and ultimately that'll be corrected. 319 00:18:05,559 --> 00:18:07,960 Speaker 1: That was from last night when he landered in Washington 320 00:18:08,519 --> 00:18:11,240 talking about the fact that the rock age started ten 321 00:18:11,240 --> 00:18:17,359 o'clock this morning. David Goldman, who's financial guy over CNN, said. 322 00:18:17,079 --> 00:18:21,319 Speaker 6: This reason that this is happening is because America is 323 00:18:21,440 --> 00:18:24,640 turning off the spigot for Iran right now. Let's be 324 00:18:24,720 --> 00:18:28,920 clear that the what cent Com just sent is basically 325 00:18:28,960 --> 00:18:31,680 saying any ship that's paying a toll to Iran that 326 00:18:31,720 --> 00:18:35,720 was about two million dollars a ship, or Iranian ships 327 00:18:35,720 --> 00:18:40,240 that had been carrying Iranian oil to mostly China, those 328 00:18:40,279 --> 00:18:44,079 are coming off the market right now, so that's doing 329 00:18:44,160 --> 00:18:49,079 this now. Iran had about one point eight million barrels 330 00:18:49,160 --> 00:18:51,559 of crude that it was exporting every day. It's not 331 00:18:51,680 --> 00:18:52,240 a lot of crew. 332 00:18:52,319 --> 00:18:53,559 Speaker 1: That's around two percent. 333 00:18:54,200 --> 00:18:56,720 Speaker 6: But when you think about it, we've been losing twelve 334 00:18:57,000 --> 00:19:00,720 million barrels of crude every single day because because of 335 00:19:00,799 --> 00:19:04,400 Iranians blockaded the strait and so every little drop counts. 336 00:19:04,519 --> 00:19:06,640 This makes a big difference. That's why oil is up 337 00:19:06,640 --> 00:19:07,279 seven percent now. 338 00:19:07,319 --> 00:19:11,519 Speaker 1: The oil market started very hot, whale over one hundred 339 00:19:11,559 --> 00:19:14,400 dollars a barrel this morning. But as they thought about 340 00:19:14,400 --> 00:19:16,079 it and thought Okay, well, we're going to get more 341 00:19:16,119 --> 00:19:20,160 oil into the market, into the world market, prices start 342 00:19:20,160 --> 00:19:21,720 to go download it. But we'll get to that in 343 00:19:21,759 --> 00:19:28,200 just a minute. General Karen Gibson, she was a Intel officer, 344 00:19:29,039 --> 00:19:32,599 and Intel is key in all of this with Iran. 345 00:19:32,920 --> 00:19:33,880 Speaker 7: I think that's fair. 346 00:19:34,039 --> 00:19:36,720 Speaker 8: I think this is a very bold move to both 347 00:19:36,920 --> 00:19:40,759 delegitimize Iran's choke hold on the Strait as well as 348 00:19:40,799 --> 00:19:44,000 deny them revenue, whether that's from tolls that they're extracting 349 00:19:44,039 --> 00:19:46,480 from vessels as they pass or from the export of 350 00:19:46,519 --> 00:19:51,400 their own oil. And the US military, particularly US Central 351 00:19:51,400 --> 00:19:54,119 Command in the US Navy, are well prepared to execute 352 00:19:54,119 --> 00:19:57,400 this mission. I do think there will be some throughput challenges. 353 00:19:57,880 --> 00:20:01,759 They cannot escort through ensure the safe passage of a 354 00:20:01,839 --> 00:20:05,480 number of commercial vessels that were transiting before this crisis began. 355 00:20:05,880 --> 00:20:08,599 And I would also say that while our destroyers over 356 00:20:08,640 --> 00:20:12,759 the weekend demonstrated the feasibility of safely transiting the Strait, 357 00:20:13,160 --> 00:20:15,480 it's really, at the end of the day, a business 358 00:20:15,480 --> 00:20:18,000 decision that will be made by commercial entities and their 359 00:20:18,039 --> 00:20:20,519 insurers as to whether or not this is a risk 360 00:20:20,559 --> 00:20:21,000 that they want. 361 00:20:21,279 --> 00:20:25,119 Speaker 1: So two ships to Navy ships destroyers went through, but 362 00:20:25,240 --> 00:20:30,880 will we start seeing oil tankers that are not Iranian flagged. 363 00:20:31,279 --> 00:20:33,160 That's going to be the big test to see what 364 00:20:33,200 --> 00:20:38,680 goes on there. Tom Sower, he is a retired Navy 365 00:20:39,680 --> 00:20:42,039 I'm not exactly sure what to call him, but he 366 00:20:42,440 --> 00:20:46,079 was in charge of clearing minds and he knows all 367 00:20:46,119 --> 00:20:49,240 about clearing minds and he caught it to when he 368 00:20:49,359 --> 00:20:52,599 was in the navy, so he knows what needs to 369 00:20:52,640 --> 00:20:55,039 be done in order to get that straight of our 370 00:20:55,119 --> 00:20:56,559 moves wide open again. 371 00:20:56,880 --> 00:20:59,720 Speaker 9: Right now, there are reports, but it's all kind of 372 00:20:59,720 --> 00:21:02,160 what we say, rumors, indications and warnings that there might 373 00:21:02,160 --> 00:21:05,200 be about a dozen or so moored mines. Right There's 374 00:21:05,240 --> 00:21:07,559 many different types of minds out there. Moored minds are 375 00:21:07,559 --> 00:21:11,480 ones that are suspended by a cable that's resting on 376 00:21:11,519 --> 00:21:14,079 an anchor on the seabed floor that's floating at or 377 00:21:14,200 --> 00:21:17,680 usually just below the water line. They can be contact mines, 378 00:21:17,720 --> 00:21:19,960 which is where basically the ship runs into one of 379 00:21:20,000 --> 00:21:23,559 the horns like the traditional horns you see on what 380 00:21:23,720 --> 00:21:25,519 you think of a mind would look like. But there 381 00:21:25,519 --> 00:21:28,359 also could be influence minds, and that is when a 382 00:21:28,480 --> 00:21:32,279 ship cruises right above it and it has a metal detector, 383 00:21:32,279 --> 00:21:35,119 a magnetometer that detects something metal that's very close to 384 00:21:35,160 --> 00:21:38,119 it and then it detonates. So and also on top 385 00:21:38,160 --> 00:21:41,599 of that, influenced minds can be very sophisticated where they 386 00:21:41,599 --> 00:21:44,319 can put a ship counter on that where basically it'll 387 00:21:44,319 --> 00:21:47,759 wait until five, six, seven, a dozen or more ships 388 00:21:48,079 --> 00:21:50,680 go past it before it would detonate. Which is why 389 00:21:50,799 --> 00:21:53,400 sweeping is something that is good and is helpful, but 390 00:21:53,480 --> 00:21:56,680 what's best is hunting. We always say hunt if you can, 391 00:21:57,119 --> 00:21:59,880 sweep if you must. And in order to hunt for 392 00:22:00,079 --> 00:22:04,039 those mines, we've got some of the most sophisticated unmanned 393 00:22:04,119 --> 00:22:08,240 underwater vehicle technology that's led by EOD Mobile Unit six. 394 00:22:08,920 --> 00:22:12,039 Many of my Navy O D brothers and former teammates 395 00:22:12,039 --> 00:22:15,400 are there. They're the same unit that actually cleared minds 396 00:22:15,480 --> 00:22:18,960 from the Persian Gulf nearly forty years ago during the 397 00:22:18,960 --> 00:22:22,880 Tanker Wars. And what they're using are they look like 398 00:22:22,920 --> 00:22:25,720 it looks like an underwater torpedo that cruises around uses 399 00:22:25,759 --> 00:22:28,400 side scan sonar to find the minds. We've got some 400 00:22:28,480 --> 00:22:32,240 excellent technology and there's even better technology that's on the way. 401 00:22:32,279 --> 00:22:36,000 There's companies like Ulysses that is already that is already 402 00:22:36,039 --> 00:22:40,880 ready to deploy mass produced inexpensive mind hunting drones that 403 00:22:40,920 --> 00:22:43,759 can be deployed in mass to find all these mines. 404 00:22:43,960 --> 00:22:45,960 We think there might only be a dozen or more, 405 00:22:46,279 --> 00:22:48,279 but we're going to find out here pretty soon. 406 00:22:48,319 --> 00:22:49,960 Speaker 1: In then it's going to take a few days, but 407 00:22:49,960 --> 00:22:51,759 we're going to get to get there, and they're working 408 00:22:51,759 --> 00:22:54,720 on it, you bet. The fact that drone to become 409 00:22:54,720 --> 00:22:57,480 such a big part of the military. We know about 410 00:22:57,519 --> 00:23:02,359 the drones flying overhead Ukraine is used very smartly, and 411 00:23:02,680 --> 00:23:05,960 so has Russia and now so has a run. So 412 00:23:06,519 --> 00:23:11,200 with these mine drones, they're underwater drones that go and 413 00:23:11,240 --> 00:23:14,799 look for these mines and then blow them up. So 414 00:23:15,200 --> 00:23:18,720 things are looking fascinating as far as when they get 415 00:23:18,759 --> 00:23:22,720 that straight of horror moves back open again. But they 416 00:23:22,720 --> 00:23:25,039 have a few things to do before they do. And 417 00:23:25,079 --> 00:23:27,599 then of course the question is is anybody going to 418 00:23:27,640 --> 00:23:32,440 start shooting at each other? Meantime, price of gas actually, well, 419 00:23:32,519 --> 00:23:37,960 the triple A gas prices four dollars twelve cents average 420 00:23:38,000 --> 00:23:40,759 across the country for the cheap stuff. That's the same 421 00:23:40,799 --> 00:23:44,680 as it was yesterday. There are now instead of four 422 00:23:44,759 --> 00:23:49,319 there's only two states out West that have better than 423 00:23:49,400 --> 00:23:54,880 five dollars gasoline. That's California and Washington. California's at five 424 00:23:54,960 --> 00:23:58,799 eighty nine, Washington's at five thirty nine. Everybody else is 425 00:23:59,039 --> 00:24:03,400 not at five. As far as where prices are going 426 00:24:03,440 --> 00:24:07,759 from here, the President was on with Maria Bartiroma yesterday 427 00:24:07,839 --> 00:24:11,680 and she asked him about what he thinks will happen 428 00:24:12,079 --> 00:24:16,160 to gas prices. You may not be happy with his answer. 429 00:24:16,240 --> 00:24:18,279 Speaker 10: It's going to be enough to lower the price of 430 00:24:18,359 --> 00:24:19,119 oil and gas. 431 00:24:19,880 --> 00:24:22,039 Speaker 11: Well, it's going to be eventually, it's going to be lower. No, 432 00:24:22,160 --> 00:24:25,799 it might not happen initially, but it's going to go down. 433 00:24:26,279 --> 00:24:27,000 Speaker 12: You So, do you. 434 00:24:27,000 --> 00:24:29,400 Speaker 13: Believe the price of oil and gas will be lower 435 00:24:29,559 --> 00:24:30,799 before the midterm elections? 436 00:24:32,000 --> 00:24:33,920 Speaker 11: I hope so. I mean I think, Shelly could be 437 00:24:34,079 --> 00:24:35,759 it could be all the same or maybe a little 438 00:24:35,759 --> 00:24:38,400 bit higher, but it should be around the same. I 439 00:24:38,480 --> 00:24:40,680 think this won't be that much longer. 440 00:24:40,960 --> 00:24:43,160 Speaker 1: You hear that. She asked him if what the price 441 00:24:43,160 --> 00:24:46,599 will be around midterm election We're talking November, and he said, well, 442 00:24:46,640 --> 00:24:48,359 it'll be a you know, all around where it is 443 00:24:48,440 --> 00:24:51,880 right now, maybe a little bit higher. So if you're 444 00:24:51,920 --> 00:24:54,039 thinking you can hang on for a couple of weeks 445 00:24:54,039 --> 00:24:57,880 for these high gas prices. Stand by because these prices 446 00:24:57,920 --> 00:25:01,119 are going to according to President Trump thinks these gas 447 00:25:01,160 --> 00:25:03,440 prices are going to stay the same or maybe a 448 00:25:03,440 --> 00:25:11,000 little bit higher between now and midterm elections in November. Well, 449 00:25:11,039 --> 00:25:14,680 besides that, we've got a couple of stinks for the day. 450 00:25:14,839 --> 00:25:18,960 One of them is can we talk about Eric Swalwell. 451 00:25:20,079 --> 00:25:28,240 I don't know why I have never liked the guy. 452 00:25:29,039 --> 00:25:31,640 Alwell has always impressed me as the kind of guy 453 00:25:31,720 --> 00:25:34,920 who is very arrogant and thinks that he is the 454 00:25:35,000 --> 00:25:37,640 smartest guy in the room and wants to make sure 455 00:25:37,640 --> 00:25:40,240 that you know it. And he's not the smartest guy 456 00:25:40,240 --> 00:25:43,079 in the room, which makes it even more obnoxious. But 457 00:25:44,480 --> 00:25:49,640 men can spot sleezy men. Women can't, and this is 458 00:25:49,680 --> 00:25:54,799 the guy. Well, what's happened was Friday, there was a 459 00:25:54,799 --> 00:25:59,359 woman that came out and said that he sexually attacked her. 460 00:25:59,440 --> 00:26:02,599 She worked for him, she was one of his staffers. 461 00:26:03,279 --> 00:26:06,599 And the problem with the story is is that she 462 00:26:06,839 --> 00:26:11,720 said she got drunk and passed out and next thing 463 00:26:11,839 --> 00:26:15,519 she knowed she was sexually attacked. And it happened then 464 00:26:15,559 --> 00:26:20,079 a couple of years later, and so with one accusation 465 00:26:20,200 --> 00:26:24,920 you go, he said. She said, I'm not sure who 466 00:26:24,960 --> 00:26:26,839 to believe. I know, we're supposed to believe the woman, 467 00:26:26,880 --> 00:26:30,240 That's what me too said. But seriously, you've got to 468 00:26:30,279 --> 00:26:34,160 stop and go what's the evidence, what are the accusations, 469 00:26:34,200 --> 00:26:38,680 what's the defense? And in Swallwells this was Friday, and 470 00:26:38,680 --> 00:26:43,000 then by Saturday morning, three more, so there's now four women, 471 00:26:43,559 --> 00:26:45,920 and there's rumors that there's a whole bunch more that 472 00:26:45,960 --> 00:26:48,119 are ready to come out as well. But over the 473 00:26:48,160 --> 00:26:52,279 weekend on Saturday, four more women came Four women came 474 00:26:52,319 --> 00:26:56,599 forward and said he sexually attacked them individually, one by one, 475 00:26:56,799 --> 00:27:01,119 over and over. And so I'm ever seen anything like 476 00:27:01,200 --> 00:27:05,119 this before. I mean, there's been all kinds of sex 477 00:27:05,160 --> 00:27:10,200 scandals in Washington, DC. Usually they try to sweep them 478 00:27:10,279 --> 00:27:13,240 under the carpet, they try to hide them, they offy skate, 479 00:27:13,400 --> 00:27:16,440 they do everything they can, and that takes forever for 480 00:27:16,519 --> 00:27:20,319 anybody to actually be held accountable. This one is a 481 00:27:20,319 --> 00:27:25,519 tsunami Democrats. I haven't heard a Republican say a peep, 482 00:27:26,279 --> 00:27:30,920 but Democrats are coming after Swalwell, which means he must 483 00:27:31,000 --> 00:27:33,359 have a lot of people like me who just don't 484 00:27:33,680 --> 00:27:37,640 like him. Because everybody from the Democrat partner everybody. A 485 00:27:37,680 --> 00:27:41,759 lot of Democrats are coming after him with guns, ablazon. 486 00:27:42,720 --> 00:27:46,799 Let's start off with Laura Friedman. She is a congresswoman 487 00:27:46,920 --> 00:27:47,920 from Burbank. 488 00:27:49,400 --> 00:27:52,880 Speaker 14: It's very important that the House follow its processes, for sure, 489 00:27:53,240 --> 00:27:55,880 and a criminal process can happen concurrently, but we should 490 00:27:55,880 --> 00:27:58,599 always refer to that criminal process because the most important 491 00:27:58,640 --> 00:27:59,440 thing is. 492 00:27:59,319 --> 00:28:00,799 Speaker 1: That the victims get justice. 493 00:28:00,839 --> 00:28:03,839 Speaker 14: And in the case of rape, that's beyond what the 494 00:28:03,839 --> 00:28:06,200 House can do. That is a criminal investigation, and it 495 00:28:06,200 --> 00:28:10,880 would be an adjudication from a jury. And given that 496 00:28:10,960 --> 00:28:13,680 these accusations are very serious, I'm glad to see that 497 00:28:13,759 --> 00:28:17,839 they're being investigated as criminal charges by the correct by 498 00:28:17,839 --> 00:28:18,960 the correct agencies. 499 00:28:19,240 --> 00:28:24,039 Speaker 1: All right, So she's a California Democrat. Ellie Honig the 500 00:28:24,039 --> 00:28:26,839 former of federal prosecutor. He weighs in. 501 00:28:27,319 --> 00:28:30,039 Speaker 15: So, first of all, prosecutors can and often do use 502 00:28:30,240 --> 00:28:33,400 media reports as leads for investigations. I've done it, nothing 503 00:28:33,440 --> 00:28:34,799 wrong with it at all. It could be a great 504 00:28:34,839 --> 00:28:38,759 source of information. Regarding these three other women who allege 505 00:28:38,759 --> 00:28:44,000 sexual misconduct by Eric Swollwell, prosecutors should absolutely speak with them. 506 00:28:44,319 --> 00:28:46,799 But I think prosecutors need to be careful here. Because 507 00:28:46,839 --> 00:28:50,640 the other three women's stories are distinct and separate in 508 00:28:50,680 --> 00:28:53,599 some respects from what we're hearing from the primary accuser. 509 00:28:53,680 --> 00:28:57,640 Things like sending unwanted texts or images are bad, but 510 00:28:57,720 --> 00:29:00,599 they are not the same thing as a sexual assault. 511 00:29:00,680 --> 00:29:02,839 So prosecutors want to hear those stories. They're going to 512 00:29:02,920 --> 00:29:05,279 have to make a calculation. Do we try to use 513 00:29:05,319 --> 00:29:08,400 these women as part of our overall prosecution. Are we 514 00:29:08,480 --> 00:29:11,400 going to argue that there's some sort of pattern here, 515 00:29:11,880 --> 00:29:14,839 or are they going to determine that these witnesses, even 516 00:29:14,839 --> 00:29:17,720 if their stories are true and problematic, don't necessarily go 517 00:29:17,759 --> 00:29:19,240 to the issue of sexual assault. 518 00:29:19,759 --> 00:29:21,799 Speaker 1: Those two things going on, One of them is the 519 00:29:22,839 --> 00:29:26,400 Ethics Committee has already started today. They've already started investigation 520 00:29:26,720 --> 00:29:30,880 into Eric's walwell, and that's you know, usually that to 521 00:29:30,960 --> 00:29:33,839 slap on the wrist. No, they're talking about expelling him 522 00:29:33,920 --> 00:29:38,440 from Congress, throwing him out. Then on top of that, 523 00:29:38,519 --> 00:29:45,839 you've got criminal prosecutors investigating him for criminal charges. Jonathan Turley, 524 00:29:46,599 --> 00:29:50,640 Law School professor Georgetown says this it is. 525 00:29:50,720 --> 00:29:54,160 Speaker 7: I mean, look, Swallow was never viewed as an effective legislator. 526 00:29:54,240 --> 00:29:57,119 You know, in twenty twenty five he was outvoted by 527 00:29:57,200 --> 00:30:00,839 a colleague who died halfway through the year. So his 528 00:30:01,039 --> 00:30:04,519 real appeal was that he fed a rage addiction. He 529 00:30:04,599 --> 00:30:07,720 was willing to say things others wouldn't be willing to say, 530 00:30:07,759 --> 00:30:11,039 even in an age of rage. When Senator Collins he 531 00:30:11,160 --> 00:30:16,039 received death threats, it was Swollwell who mocked her and publicly. 532 00:30:16,480 --> 00:30:19,880 Now he later was forced to sort of withdraw those comments. 533 00:30:20,240 --> 00:30:22,440 But he's never been laid to a mob, and that's 534 00:30:22,480 --> 00:30:26,319 what brings up this irony. I mean, he is facing 535 00:30:26,400 --> 00:30:29,759 multiple women who are accusing him of the most serious 536 00:30:29,839 --> 00:30:33,440 types of misconduct. He's now facing investigation over his nanny. 537 00:30:33,440 --> 00:30:37,480 He's facing possible criminal investigation in New York. He's facing 538 00:30:37,519 --> 00:30:41,759 what seems to be an expedited House Ethics Committee proceeding, 539 00:30:42,519 --> 00:30:45,319 and there's already a motion for his expulsion. 540 00:30:45,640 --> 00:30:49,480 Speaker 1: He mentioned the nanny. She's from Brazil, she's illegal, apparently, 541 00:30:49,920 --> 00:30:52,839 that's the accusation, and he was paying her out of 542 00:30:52,839 --> 00:30:57,480 his campaign funds. Yeah, I know, it's arrogance on parade 543 00:30:57,839 --> 00:31:02,839 that he's paying an illegal to work for him and 544 00:31:02,880 --> 00:31:07,920 then using campaign funds for it. Nancy Pelosi, who's also 545 00:31:07,960 --> 00:31:13,359 because he represents an area of northern California, on East 546 00:31:13,400 --> 00:31:18,079 Bay if you will. So it's it's just across the 547 00:31:18,119 --> 00:31:21,200 Bay from San Francisco, and that's where Nancy Pelosi of 548 00:31:21,240 --> 00:31:25,119 course has her district. And Nancy Pelosi was very much 549 00:31:25,200 --> 00:31:29,440 behind propping him up because he would say outrageous attack 550 00:31:29,559 --> 00:31:34,440 bombs at any Republican at any time. So she loved him, 551 00:31:34,640 --> 00:31:37,359 she propped him up. Now now she's turned and says 552 00:31:37,400 --> 00:31:41,319 he needs to resign. She wants him out. There's one 553 00:31:41,400 --> 00:31:45,000 after the Hakeem Jeffries wants him to resign. So all 554 00:31:45,039 --> 00:31:51,480 the Democrats going against him. Janine Shaheen Democrat, she doesn't 555 00:31:51,559 --> 00:31:52,119 like him either. 556 00:31:54,240 --> 00:31:54,920 Speaker 10: Well, I think he. 557 00:31:54,920 --> 00:31:58,440 Speaker 12: Needs to answer to his constituents and to his colleagues. 558 00:31:58,960 --> 00:32:02,000 But I do think, as I said, we need to 559 00:32:02,319 --> 00:32:06,519 listen when victims come forward who have been sexually assaulted 560 00:32:06,759 --> 00:32:14,640 or raped. I think victims who allege in appropriate behavior 561 00:32:14,720 --> 00:32:17,640 need to be listened to, and it needs to be 562 00:32:17,680 --> 00:32:21,119 done in a way that provides for a real investigation 563 00:32:21,240 --> 00:32:24,160 and real consequences if found guilty. 564 00:32:24,599 --> 00:32:27,799 Speaker 1: And this one sounds like maybe real consequences because again 565 00:32:27,880 --> 00:32:31,720 there's criminal activity going on here being accused. So it's 566 00:32:32,279 --> 00:32:34,400 going to be interesting to watch the thing that surprised me. 567 00:32:34,480 --> 00:32:37,799 A couple of weeks ago, I haven't been following the 568 00:32:37,839 --> 00:32:43,680 California governor's race. It's one of those where the top 569 00:32:43,759 --> 00:32:47,039 two vote getters go against each other. So in California, 570 00:32:47,079 --> 00:32:50,160 because it's run by the Democrats, it's usually two Democrats 571 00:32:50,160 --> 00:32:54,440 that go against each other. But this time you've got 572 00:32:54,480 --> 00:32:57,599 a couple of Republicans that are doing very well. But 573 00:32:57,759 --> 00:33:03,880 the top poll getter in the Democrat party was eric's Walwell. 574 00:33:04,440 --> 00:33:06,759 And I about fell off my chair. I could not 575 00:33:06,920 --> 00:33:10,799 believe that the people of California can't see what a phony, 576 00:33:10,920 --> 00:33:15,680 two faced guy this is, but they liked him. Well. 577 00:33:15,720 --> 00:33:19,240 He's dropped out of the California race. That came Saturday, 578 00:33:19,960 --> 00:33:24,720 and now he's facing all these other problems that face him. 579 00:33:25,279 --> 00:33:30,319 Harry Enton even was asked about how he's pulling now. 580 00:33:30,519 --> 00:33:34,160 Speaker 13: Things changed really quickly, and it really left Eric Swalwell 581 00:33:34,200 --> 00:33:36,480 with no choice in terms of dropping out of the ace. 582 00:33:36,599 --> 00:33:38,240 I mean, just take a look at the Cawshi prediction 583 00:33:38,319 --> 00:33:40,799 market's chance that Swallow wins the California governorship. You go 584 00:33:40,839 --> 00:33:42,079 back to the beginning of a month. Look at this, 585 00:33:42,319 --> 00:33:45,079 it's about three and five. He was a clear favorite 586 00:33:45,079 --> 00:33:46,880 at this point to be the next California government. But 587 00:33:46,880 --> 00:33:50,480 by Friday his chances are already Audio sim Echos good bye. Basically, 588 00:33:50,480 --> 00:33:52,559 he was down to two percent, he saw the writing 589 00:33:52,559 --> 00:33:54,400 on the wall, and then of course now we're at 590 00:33:54,400 --> 00:33:57,079 a zero percent chance as he has suspended his campaign. 591 00:33:57,119 --> 00:34:00,160 But Eric Swalwell dropped out of this race because we 592 00:34:00,279 --> 00:34:02,680 put there was no path forward for him to be 593 00:34:02,920 --> 00:34:04,200 the next California governor. 594 00:34:04,319 --> 00:34:06,680 Speaker 1: Yeah, I'm still stunned that he even had a chance. 595 00:34:07,039 --> 00:34:10,639 He was doing great in the race. He just comes 596 00:34:10,679 --> 00:34:12,800 across to me, is a guy that is a phony 597 00:34:13,360 --> 00:34:16,679 and is making it up as he goes along. And 598 00:34:16,719 --> 00:34:19,440 he's done very well for himself making it up. But 599 00:34:19,480 --> 00:34:22,320 he's had people like Nancy Pelosi and others that have 600 00:34:22,840 --> 00:34:26,599 used him because he was an useful idiot. He would 601 00:34:26,639 --> 00:34:29,119 do or say whatever they wanted him to do or say. 602 00:34:29,679 --> 00:34:33,719 So he's out of the race. But what Californians are 603 00:34:33,800 --> 00:34:38,920 left with is the Democrats. Remember Katie Porter, Remember she 604 00:34:39,920 --> 00:34:45,159 just she bad mouths and treats her staff like their dirt, 605 00:34:45,360 --> 00:34:50,559 and that's where she basically lost a lot of advantage earlier. Well, 606 00:34:50,639 --> 00:34:54,679 she's still in the race. They've got a guy Antonio 607 00:34:54,760 --> 00:34:56,840 Villa Rogoso, who used to be the mayor of Los 608 00:34:56,880 --> 00:35:02,039 Angeles years ago. He's passed his He's gotten really old. 609 00:35:03,840 --> 00:35:07,159 Betty Yee. Some of these people I don't even know 610 00:35:07,199 --> 00:35:10,960 who they are. But Tom Steyer is like a crazed 611 00:35:11,199 --> 00:35:17,119 billionaire environmental guy. He made a ton of money off 612 00:35:17,159 --> 00:35:21,800 of commodities futures and then decided to become an environmental 613 00:35:22,000 --> 00:35:25,920 But not just somebody that's concerned about the environment. He's crazy. 614 00:35:26,079 --> 00:35:30,360 He wants to change the world because of the environmental rules. 615 00:35:30,599 --> 00:35:34,679 So he's still running. And then they've got two Republicans, 616 00:35:35,159 --> 00:35:39,760 the Sheriff of Riverside County, Chad Bianco and Steve Hilton, 617 00:35:40,360 --> 00:35:44,400 who used to be on staff of the Prime Minister 618 00:35:44,559 --> 00:35:47,880 in London in Great Britain. Then he became a Fox 619 00:35:47,960 --> 00:35:53,159 News contributor. Rupert Murdoch liked him, and Rupert spends a 620 00:35:53,159 --> 00:35:55,760 lot of time in London. He liked him, so he said, 621 00:35:55,760 --> 00:35:58,719 why don't you come do some commentary for Fox. So 622 00:35:58,800 --> 00:36:01,239 Hilton did that for couple of years. But he's been 623 00:36:01,280 --> 00:36:04,519 out running for California governor now for a couple of 624 00:36:04,559 --> 00:36:09,000 years and he's leading now. So Steve Hilton may be 625 00:36:09,159 --> 00:36:11,880 the next governor of California. I'll believe it when I 626 00:36:11,920 --> 00:36:14,599 see it that they are ready to vote for a Republican. 627 00:36:14,679 --> 00:36:19,039 But maybe maybe they're tired of having high taxes, high 628 00:36:19,119 --> 00:36:23,360 gas prices, high poverty. I mean, it's a ruined state. 629 00:36:23,760 --> 00:36:27,079 So this isn't over for Eric Swalwell again. He's facing 630 00:36:28,159 --> 00:36:32,840 criminal investigations because of the accusations at these four women. 631 00:36:33,199 --> 00:36:37,840 I'll hesitate on one woman coming forward, but not two, 632 00:36:38,039 --> 00:36:41,679 and then three, and then four, and rumors of even 633 00:36:41,760 --> 00:36:46,119 more to come after that, and then finally, I don't 634 00:36:46,199 --> 00:36:51,639 understand sometimes the President, I don't get it. He's picked 635 00:36:51,639 --> 00:36:55,679 a fight with the Pope. No, you heard me right, Yes, 636 00:36:56,159 --> 00:37:00,239 Donald Trump has picked a fight with Pope Leo. I 637 00:37:00,440 --> 00:37:04,119 don't know why. I kind of suspect I do know, 638 00:37:04,360 --> 00:37:09,840 because Trump likes to pull chains, yank people's chains, and 639 00:37:10,119 --> 00:37:12,800 he gets a kick out of it. He gets him 640 00:37:12,840 --> 00:37:17,880 more attention, and I think that's where this started. But 641 00:37:18,280 --> 00:37:23,039 he's picking a fight with a religious leader. Pick a 642 00:37:23,079 --> 00:37:27,159 fight with a Democrat, go for it. But the head 643 00:37:27,239 --> 00:37:32,280 of the Catholic church, and he did very well President 644 00:37:32,320 --> 00:37:37,400 Trump did in twenty twenty four with Catholics, they voted 645 00:37:37,440 --> 00:37:42,079 for him very positively, and he's now I think it's 646 00:37:42,079 --> 00:37:45,800 going to be underwater because of this. Father James Martin, 647 00:37:46,039 --> 00:37:52,960 he is a well known Catholic Jesuit priest. He publishes 648 00:37:53,079 --> 00:37:57,639 a magazine that's a Catholic magazine. He's editor at large 649 00:37:57,639 --> 00:38:02,880 of America Magazine and the founder of Outreach. He's well read, 650 00:38:03,480 --> 00:38:07,239 written a bunch of books, and Father Martin is pretty 651 00:38:07,280 --> 00:38:10,440 eloquent guy. Let's see what he has to say before 652 00:38:10,440 --> 00:38:12,960 we go to him. Let me add one more thing. So, also, 653 00:38:13,079 --> 00:38:15,960 the President put out and he did. He did not 654 00:38:16,119 --> 00:38:18,719 call it fake, he's he claimed it. He put out 655 00:38:18,760 --> 00:38:26,719 a photo of essentially Jesus with a glowing hand touching 656 00:38:27,000 --> 00:38:31,119 a sick man in his sick bed, and it was 657 00:38:31,280 --> 00:38:34,760 it was one of those photos you would see, or 658 00:38:34,800 --> 00:38:36,679 not photo, one of the drawings you would see in 659 00:38:36,719 --> 00:38:39,559 a in a religious book. And there it was, with 660 00:38:39,719 --> 00:38:43,920 Jesus healing the sick man. But instead Donald Trump put 661 00:38:43,960 --> 00:38:50,719 his face on Jesus. And yes he did, and he 662 00:38:50,880 --> 00:38:53,480 was asked about it. White House has taken it down 663 00:38:53,719 --> 00:38:56,079 since then, but he said, yeah, yeah, yeah, I was. 664 00:38:56,920 --> 00:39:01,519 I thought I looked like a doctor. And here's Father 665 00:39:01,920 --> 00:39:03,480 Martin reat responding. 666 00:39:03,719 --> 00:39:06,519 Speaker 16: I don't know too many doctors that have glowing hands. 667 00:39:07,559 --> 00:39:10,239 So that's the most Jesus looking picture I think I 668 00:39:10,239 --> 00:39:15,039 could imagine, and I think it was pretty shocking to 669 00:39:15,119 --> 00:39:18,519 me that someone would put themselves in the place of Jesus. 670 00:39:19,159 --> 00:39:21,599 And as your reporter was just saying, it came after 671 00:39:21,840 --> 00:39:25,360 he had just been tweeting out a pretty hateful attack 672 00:39:25,400 --> 00:39:28,719 on Pope Leo. So obviously religion was on his mind 673 00:39:28,800 --> 00:39:32,639 last night, and that probably came from watching the sixty 674 00:39:32,639 --> 00:39:34,880 minutes special with the Three Cardinals, So I guess he 675 00:39:35,039 --> 00:39:38,039 was thinking about religion and that's what came out. 676 00:39:38,320 --> 00:39:42,840 Speaker 1: Okay, So what do you make of Pope Leo? Oh? 677 00:39:42,880 --> 00:39:45,719 Speaker 16: Sure, I think he's doing a great job. And it's 678 00:39:45,760 --> 00:39:48,320 not just you know, having to do with political issues, 679 00:39:48,320 --> 00:39:51,159 but he's turning our attention to the poor and to 680 00:39:51,239 --> 00:39:54,480 the marginalized. He's asking the church to become more united, 681 00:39:54,519 --> 00:39:57,880 and you know, as we speak, he's visiting Algeria, visiting 682 00:39:58,119 --> 00:40:02,039 a small group of cath like said, in a largely 683 00:40:02,079 --> 00:40:04,320 poor country. So I think he's doing a wonderful job 684 00:40:04,559 --> 00:40:06,199 and he is the right person for the time. 685 00:40:06,400 --> 00:40:09,639 Speaker 1: So the attack, it's a long one. It was posted 686 00:40:09,679 --> 00:40:13,840 on True Social at nine oh three pm last night. 687 00:40:14,800 --> 00:40:17,599 I'll read just a couple of lines from it. Pope 688 00:40:17,679 --> 00:40:21,840 Leo is weak in capital letters. Pope Leo is weak 689 00:40:21,920 --> 00:40:26,400 on crime and terrible for foreign policy. I like his 690 00:40:26,480 --> 00:40:29,000 brother Lewis much better than I like him, because Lewis 691 00:40:29,079 --> 00:40:33,079 is all maga. He gets it and Leo doesn't. I 692 00:40:33,119 --> 00:40:36,159 don't want a pope who criticizes the President of the 693 00:40:36,280 --> 00:40:41,320 United States because, as everyone knows, he was a shocking surprise. 694 00:40:41,880 --> 00:40:44,519 He wasn't on any list to be pope and was 695 00:40:44,559 --> 00:40:46,440 only put there by the Church because he was an 696 00:40:46,480 --> 00:40:48,880 American and they thought that would be the best way 697 00:40:48,920 --> 00:40:52,760 to deal with President Donald J. Trump. If I wasn't 698 00:40:52,800 --> 00:40:55,880 in the White House, Leo wouldn't be in the Vatican. Unfortunately, 699 00:40:56,320 --> 00:41:00,480 Leo's week on crime, week on nuclear weapons does not 700 00:41:00,679 --> 00:41:03,360 sit well with me, Nor does the fact that he 701 00:41:03,440 --> 00:41:08,000 meets with Obama sympathizer like David Axelrod, a loser from 702 00:41:08,079 --> 00:41:11,719 the left. Leo should get his act together as pope, 703 00:41:12,119 --> 00:41:15,239 focus on being a great pope, not a politician. It's 704 00:41:15,320 --> 00:41:18,360 hurting him very badly, and more importantly, it's hurting the 705 00:41:18,400 --> 00:41:24,519 Catholic Church. President Donald J. Trump. I was blown away 706 00:41:25,000 --> 00:41:28,800 by it. Yeah, I'm Catholic, but I mean I'm not. 707 00:41:32,480 --> 00:41:36,920 I don't understand why any politician would want to pick 708 00:41:36,920 --> 00:41:42,199 a fight with the Pope. Here's Katie McGrady. She has 709 00:41:42,239 --> 00:41:46,159 a program on Serious Exam Catholic Radio. 710 00:41:47,119 --> 00:41:48,920 Speaker 10: Well, it was a little surprising, of course, that the 711 00:41:49,360 --> 00:41:52,079 President tweeted this. I guess maybe we shouldn't be too 712 00:41:52,079 --> 00:41:55,079 surprised President Trump on's fans and Pope Leo is seeking 713 00:41:55,119 --> 00:41:57,119 to bring followers to Jesus, and those two things are 714 00:41:57,159 --> 00:41:59,880 going to conflict to a certain point. But I think 715 00:42:00,000 --> 00:42:02,239 it's important to note the Holy Father is not a 716 00:42:02,280 --> 00:42:06,320 conflicting voice. He's a contrasting voice in a conflict driven world. 717 00:42:06,400 --> 00:42:08,960 And it's blessed are the peacemakers in scripture. That's what 718 00:42:09,000 --> 00:42:11,159 he quoted this morning at his first stop when he 719 00:42:11,320 --> 00:42:14,679 started talking about the beatitudes. It's not blessed are the 720 00:42:14,719 --> 00:42:17,719 bomb droppers. And he's been very clear that this is 721 00:42:17,719 --> 00:42:21,239 not just appointed criticism of the United States, it's across 722 00:42:21,320 --> 00:42:24,159 the spectrum. He's been calling for peace since the moment 723 00:42:24,199 --> 00:42:26,599 we met him. So my first what I make of 724 00:42:26,639 --> 00:42:29,519 it is, I'm not surprised President Trump tweeted this. He 725 00:42:29,639 --> 00:42:32,039 wants Pope Leo to baptize what he's doing, and the 726 00:42:32,039 --> 00:42:34,440 Holy Father's not going to do that. That's why the 727 00:42:34,480 --> 00:42:37,079 President made reference to the pope's brother. Is he trying 728 00:42:37,079 --> 00:42:40,960 to start some sort of sibling warfare here? It's not 729 00:42:41,159 --> 00:42:44,320 all that surprising. I'm very pleased, however, that the Holy 730 00:42:44,360 --> 00:42:47,480 Father is saying, Look, I'm not scared. This doesn't bother me. 731 00:42:47,719 --> 00:42:49,400 I'm going to keep on with the message that I 732 00:42:49,440 --> 00:42:52,320 know I've been charged to give to the world. 733 00:42:52,639 --> 00:42:55,320 Speaker 1: The message he talks about is the Gospel and about 734 00:42:55,400 --> 00:42:57,599 peace in those sorts of things. And I don't know 735 00:42:57,639 --> 00:43:01,360 why that bothered the President. And let's let's wrap this 736 00:43:01,480 --> 00:43:03,480 up for today. But just as we're going to day 737 00:43:03,519 --> 00:43:08,320 to wrap, I got a headline. Congressman Eric Swalwell has 738 00:43:08,719 --> 00:43:13,519 resigned from the US House. So he's quit the California 739 00:43:13,559 --> 00:43:17,159 governor's race. He has quit his seat in the California 740 00:43:17,559 --> 00:43:21,480 in the in the Congress representing the fourteenth district of California. 741 00:43:21,920 --> 00:43:27,840 So his career just imploded from Friday, very very quickly. 742 00:43:27,880 --> 00:43:34,280 But the criminal investigation is still underway. All right, Wall Street, 743 00:43:34,360 --> 00:43:37,920 Today quite an interesting day because we went up, we 744 00:43:37,960 --> 00:43:41,079 went down. We started off on the Dow down about 745 00:43:41,079 --> 00:43:43,960 three four hundred points, and we turned around and we 746 00:43:44,079 --> 00:43:49,199 finished up three hundred and one to forty eight two eighteen, 747 00:43:49,360 --> 00:43:53,480 so a complete turnaround. S and P up sixty nine, 748 00:43:54,039 --> 00:43:58,000 the Nasdaq up two hundred and eighty. Price of goldfelt 749 00:43:58,039 --> 00:44:02,679 twenty one dollars just in seven sixty six, and oil, 750 00:44:03,039 --> 00:44:06,360 like I said, it was higher. It was up to 751 00:44:06,360 --> 00:44:09,760 one hundred and five this morning, but it finished much 752 00:44:09,800 --> 00:44:12,679 lower at ninety just undred ninety eight dollars for one 753 00:44:12,679 --> 00:44:15,840 barrel of oil. So that's it for today. Thank you 754 00:44:16,039 --> 00:44:19,239 for coming by. We will be back again tomorrow. I 755 00:44:19,280 --> 00:44:20,199 hope to see you then.