Speaker 1: M h.
Speaker 2: And readings. Hello, how are you welcome to the big
podcast we have. We have a lot to go over today.
I mean, it's it's it's an ongoing story. I know
we've been doing the war, the war, the war, but
it's a it's an ongoing story, and there's new chapters
to it. And the new chapter for today is essentially this.
This podcast is brought to you by the word blockade.
I mean, that's that's the has changed an awful lot.
So we get into the war with Iran, we bomb them,
Israel bombs them, We bomb them the smithereens, as the
President said. But that's all changed now we're not bombing.
We're in a ceasefire. The ceasefire expires on the twenty first,
which is next Tuesday. Oh. Meantime, another ceasefire has well,
it will begin at five o'clock Eastern time tonight, and
that's between Israel and Lebanon, which I still scratch my
head on because the problem with Lebanon isn't Lebanon. The
problem with Lebanon is the people that are has belaw
that are in Lebanon, and they need to get has
Bela to stop sending missiles into Israel. But I digress
back to bomb bomb bomb bomb bomb Iran, as that
old song goes, and then you get too in the ceasefire,
a blockade. And I saw Senator Warner from Virginia the
other day. Do you know he is, I believe, the
wealthiest person in Congress. He was very successful in business.
He had some sort of technology company. He's a Briniac guy.
He's a very smart guy. And I was very surprised
because he is a smart guy, and yet he could
not figure out what the strategic purpose was behind a blockade,
and it was obvious to me. And it's it's coming
to fruition that that's all around has. They don't have gold,
they don't have silver, they don't have anything other than oil,
and that's where they make their money. To the tune
of a couple of three. I've seen different quotes two three,
four hundred million dollars a day. That pays a lot
of bills. I don't know how much of that they've saved.
But they're not getting any new money coming in. The
blockade is working. They had a briefing at the Pentagon
this morning and a General Kine went through the numbers
and basically said they've turned around a number of ships
today that just simply there wasn't they didn't know, They
did not need to board any of them. They did
not need to do anything other than the fact that
they there have been no ships that have transited the
blockade in the Persian Gulf. This, by the way, this
is the message which I I don't know. It's the government.
I love that, I loved the military, but this is
so government. Here's the message that the Navy is broadcasting
on some channel that all ships are supposed to be
listening to.
Speaker 1: He wants to.
Speaker 3: Account of blah blah blah, Iranian courts at postal erratives.
Piece is a legal action. All vessels are advised so
immediately returned to board. I just continue to training it
to Iran at bat is her next court call.
Speaker 2: You don't attempt to.
Speaker 3: Breach the blockade. Vessels will be boarded for introducing and
seizear trains it tour prong Iranian court, turn.
Speaker 2: Around and prepare to be boarded.
Speaker 3: You did not complying with these block and we will
use sports the whole of the und see sabe. He's
reading course with plants.
Speaker 2: I don't know about you. I don't think I understood
three words, and it was too long, and it was English.
Why why didn't they have a version in Farsi so
that the Iranian ship people could understand what they were saying.
But I mean, I would boil that down to turn around,
or will blow you out of the water. But it's
so it's a government thing. Somebody thought that was The
captain said, oh, well, let's put out of this long
statement here and make sure that they know. I did
not understand what they were saying, but maybe you did,
so I would be blown out of the water. In
any case, it's working. They don't have to they've turned
ships around, they don't have to board any of the ships.
According to General Kane, thirteen ships were forced to turn around,
and again none have gotten through. But there were a
dozen that did pass that were carrying bulk things, not oil,
and they did not come from an Iranian port, so
they let them through. So they've got some commercial transit going.
About a dozen ships. That's not much. Thirteen turned around,
none of them were boarded, None of them with oil
got through. Also, General Keane was talking about the blocked
let's start with him.
Speaker 1: Well, listen, what's happening here. You really cannot overstate the
implications of what this blockade means to Iran and the
incredible amount of leverage we hold now. I mean, President
Trump was doubled down here on the Iranians, and we
hold the entire economy and future of Iran literally in
the hands of this blockade. We can absolutely cripple the
economic viability of this country at this blockade holds, and
the negotiations that we've seen earlier in the week and
last weekend compared to where we are now are very
very different. I would expect the Iranians at some point
here are going to come forward and surrender much of
what we want, and we should get everything. Certainly we
take away the enriched uranium, there's no enrichment whatsoever. They
dismantle all the rest of their nuclear enterprise. There is
no moratorium even take that off the table completely. Moratorium
of when they can get a nuclear weapon makes no sense.
If you don't want a nuclear state now, why would
you want one and permit one that have us in
a subsequent presidency makes no sense. And obviously restriction on
ballistic missiles, no support foruxies, and the list goes on
and should add it to that list. They understand how
far back on their heels they are. We don't unfreeze
their assets. At a minimum, it's twenty seven billion. I
think it's much more than that. Remember Obama did this
over the nuclear deal in twenty fifteen, close to one
hundred billion dollars. Why don't we do that. We don't
want to give them a lifeline. This isn't about face saving.
The only thing we're not asking to do is sign
a surrender document.
Speaker 2: That is the.
Speaker 1: Leverage that we have here, and if we're going to
do sanctioned relief, we don't even think about doing sanctioned
relief until they prove to us over time that their
behavior has fundamentally changed. That really is the issue, because
we have to hold them to that. What they say
and what they are wanting to sign is one thing.
What they actually do is quite something else, because they
lie and they cheat. President Trump gets all of this,
He knows the leverage. He has negotiations back channel going
on right now as we speak, maybe more formal negotiations coming.
The leverage is significant on our side, and I think
we're going to see a completely different outcome, and we
have the threat of returning to combat operations. I don't
think we extend the deadline. That's something they wanted from
the outset, because the ceasefire is enabling them to reconstruct
their leadership, to be able to communicate effectively again and
certainly do whatever they can, and recovering the military to
try to be more effective and protect themselves better than
what they've been able to do. Let's just get on
with forcing ideal. That's everything that we want and nothing less.
You've heard the term about history repeats itself. That's why
we need to learn history. So last night I'm going
off on a different tangent here kind of but last
night I was going down a rabbit hole on YouTube
and I ran across this, this story about when Germany
surrendered in World War II. Where they surrendered, who surrendered,
where they were, who they surrendered.
Speaker 2: To, and all that. It was at a schoolhouse, an
empty schoolhouse in Reims, France, was on May fifth of
nineteen forty five, and General Eisenhower, the Supreme Allied commander,
was there, but would not he stayed out of the
room where they were going to have this ceremony where
the German general was going to sign the surrender documents,
and Eisenhower said, I'm not going to talk to him.
I'm not going to shake his hand. I'm going to
stay back in my office. You guys take care of it.
Just make sure that he understands he's here to sign
the surrender documents. Well, this General Yodel or Admiral Yodel,
I should say, thought that he was a pretty big
deal and he wanted to negotiate, and he wanted to
drag it out. And he said, well, we don't want
to We'll surrender the western forces of the German Army,
but not the eastern forces because if they do, the
Russians will get them, and the Russians are brutal. And
so they kept running back to Eisenhower s and that
he wants to do that, he wants to that. He said, no,
total surrender, have him sign the document. And it finally
came down to the German soldier with the admiral was delaying, obfuscating,
doing everything he could to avoid surrendering. And I thought, man,
that's exactly what's going on with Iran right now. Those
leaders do not want to surrender. I guess that's normal,
but you've got like General Keing says, you've got to
just bring them. They should have a surrender document, have
them sign the thing, go through a whole ceremony about it.
And guess what happened to Admiral Yodel After he signed
the surrender document. They arrested him and within a few
months he was hanging on the end of a rope
a war criminal. So history repeats itself. So General Keane
was asked about, well, what about why why can't we
do this? No nuclear work on Iran's part for twenty years,
And keyinges is, well, let's listen.
Speaker 1: Well to say that the Iranian leadership is fragmented, you know,
it is something of an understatement. And certainly the negotiation
team that we were dealing with in Pakistan was checking
constantly with leadership back in Tehran. And I don't think
we have a good feel for exactly who all the
players are, or more maybe more accurately, who actually is
calling the shots. I think we know who the players are.
There's two or three others back in Tehran in addition
to the negotiating team. So yes, but there are tract
channels going on, and I think our senior people involved
are likely the President himself is involved in some of this.
So there's a lot going behind the scenes, and that's
where it should be. It shouldn't be out here in
the public domain. And I think there's some very serious
negotiations that will likely take place because of this leverage
that we have.
Speaker 2: Now.
Speaker 1: The Iranians did not anticipate that the President was going
to double down on them and take everything that they
value away from them. We are talking about most of
their entire revenue source is now in the United States control.
Think about the fundamental implications of what that means. And yes,
the leverage here is significant. I would like to see
it end because we have all this leverage, as soon
as possible, and in other words, with a preliminary agreement,
because the pressure is on them, and I think we
should keep that pressure on them as much as possible.
Of course, negotiations are complicated, they always are. Why would
we want to have a moratorium. We had a fifteen
year moratorium under Obama that meant that twenty thirty restrictions
are removed and they can have a nuclear weapon. Did
that make any sense? It didn't make any sense. Then,
Why would that make any sense? Now? Why woulden President
the president bush have to deal with something like that.
After all, with the country, they're saying, you're not going
to become a nuclear state. Why would we underwrite them
becoming a nuclear state twenty years from now? Did that
make sense to anybody? I don't think it does, and
just take it off the list. I think the President
has already scratched it off the list.
Speaker 2: Well, I hope so. And again, using history, Admiral Jodel
did the surrender of Germany for World War Two, and
they turned right around and arrested him, and then the
United States and the Soviet Union split up Germany to
manage it for four more years. They didn't give it
back to the Nazis. Why are we giving this back?
I don't understand how why we would give Iran back
to the regime that has been the leading war funder
of terrorism in the world and how many Americans that
they have killed. So that's I'm right with General Keen
on all of that. The question, though, is popping back
up again about who is really You heard the general
who was really running the country. And there's a professor
at Columbia University, Kean taj Bakish. He had also been
held as a prisoner in Iran. He knows Iran. He's
a Runnian American scholar, and he's bringing up the question
about wait a minute, is jd Vance getting snookered by
these people are that showed up in Pakistan to negotiate well?
Speaker 4: When I was very surprised to hear the Vice President
relate that he felt that he was sitting opposite the
person in his own words, that he is running Iran.
And I found that disturbing or concerning, because it either
because we know it's not true. The people who are
running Iran, we know are the four or five people
we can name that are part of the old Guard.
Speaker 2: They're not.
Speaker 4: A lower layer, They're actually part of the original layer.
And so I think at a time when there are
so many questions in the American public and in the
world about this war and what its strategy is and
what the next steps are, I was surprised to hear
this from the Vice President because either it means that he.
Speaker 2: In a sense his naive and.
Speaker 4: Was on you know, it was unaware of what the
power structure inside Iran is, or it was misleading and
I think that we have questions about that. I mean,
I think that we should not underestimate the fact that
the regime is made up of a number of organizations.
We hear a lot about the IRGC being you know,
obviously more upfront now, but the fact is it's important
to understand that the regime is also the judiciary and
also the Supreme Leader's office and his key foreign policy advisors,
who we know who they are. They've been around for
many years. So the regime is not just simply the military.
It is this multi organizational kind of oligarchy. I mean,
I think the issue about the negotiations, First of all,
I was a little surprised that the vice president, the
United States vice president, would you know that the American
delegation would send a rank of so high to meet
with someone who is really a kind of third or
fourth level politician in that's who they're meaning with, That's
who they were meeting with, third or fourth level politicians.
Speaker 2: Yes, he is the speaker.
Speaker 4: He is the speaker of a Madelist, which is just
a rubber stamp parliament, and so he really has no
official position, you know, in that respect. Obviously he's connected
to the IRGC. He himself is is a former IRGC officer,
but the reality is that I think that it was
a mistake or you know, he was probably misguided to
have this very high delegation of the US Vice President
meet with someone who is way below their rank, and
his claim that I think, I mean, I think what
worries me is that when he claimed that I was
sitting opposite the person who was running Iran, I wonder
whether that reflects just signaling for the American public or
where it reflects a what I would say is a
kind of poor understanding of the power structure inside Iran.
We've gone through these negotiations for decades in which people
have been sent on the Iranian side who are not,
you know, equipped to make decisions, and so I think
that it just throws more ambiguity at a time when
we need more clarity.
Speaker 2: Okay, so we've got the negotiations going on with people
that are this professor says that they're low they're low
level people. Are we doing? And yet JD. Manns thinks
he's dealing with the person who is running the country,
and this guy says he's not not at all. And
so the negotiations are important. But the other part that
I think is becoming much more important is the blockade,
and the blockade if it continues for another week or two,
it will bring Ran to their knees and we will
be able to get them to come in and not negotiate,
but sit down and sign a surrender agreement. That's what
I'm looking for. Captain Carl Schuster, retired Navy Captain, talks
about the blockade is not only right there at the
Strait of hor Moves, but it's anywhere in any ocean,
any place.
Speaker 5: Well, I think, first of all, just because the ship
has escaped the Persian Gulf doesn't mean it can't be
intercepted later. One of the things about the declaration of
the blockade is there's a global aspect to it. All
our combatant commands are acting in support of Central Command,
so the ship could be intercepted in the Indo Pacific
Command area of operations and so forth. Now, what Iran
is planning to do is the threat against the Red
Sea comes in one of two forms. Iran has long
range ballistic missiles that supposedly have an anti ship capability
that they can launch against shipping in the Red Sea.
The probability of a hits pretty small. As you notice
with the Hootis, who are firing at a much closer range.
They only got three hits out of and sixty seven launches.
Second half of it is they may try to get
the Hootis to join the war. The Hooties are a
pragmatic harbor organization. They may join it. They're certainly happy
to strike Israel, but the Houtis' primary focus has always
been on what's best for their community within northern Yemen.
So they've cooperated with Israel in the past against Egypt
and anyone else that threatened their interests. They've cooperated with
Saudi Arabia in the past, and of course most of
the last fifteen years they've cooperate with Iran. So they'll
do the minimum that they need to do to continue
to receive Iranian support. They have a ceasefire with the
United States. They've agreed not to attack our shipping, so
that is an open question. It'll be interesting to see.
I personally believe the Iranians will launch a missile themselves
into the Red Sea. Well on the surface, yes, but
remember you have the missile's accuracy as well, and when
you're walking against a moving target, you've got to pick
an aim point that's ten to twelve minutes ahead, and
that distance could be twelve fifteen hundred yards. And so
if the missile warhead is only accurate within thirty meters
or ten meters, then you have a shot. Plus a warship,
particularly an Agis class ship, has the ability to intercept
the missile. So it's a threat. I don't want to
detegrate it, but it's not as serious as for a
fixed target like an airfield. Iran's strategy is inflick damage.
Every critical form they hit or even near miss delivers
a political message. Back in the United States, we no
longer produce RC one thirty fives, we no longer produce
E threes, So everyone they take out is years away
from being replaced. So it's a political message. We'll give
it that way.
Speaker 2: He was talking about the fact that there was some
reporting that Iran might try and not only keep the
Persian Gulf closed but also the Red Sea. They just
shoot the missiles over and hit ships in the Red Sea.
But like the captain said, uh, they're not very accurate,
and the chances of them hitting somebody are slim. Possible,
but slim. But the blockade is definitely definitely working. Brian
Hook he comes from the diplomatic core, and he thinks
this blockade thing is very smart.
Speaker 6: I think there is a reason for hope, and that's
largely because the diplomats have been supported by first military pressure.
With the military campaign that ran over a month. Now
this conflict has entered an entirely new phase, which is
now being described as economic fury, and that's really the
successor to the maximum pressure campaign that was in President
Trump's first term. I think this is tactically very smart,
and that's because it comes at a time when the
Iranian economy is on the precipice of economic collapse. Just
consider some of these stats. Inflation in Iran is some
of the highest in the world. It's running it around
fifty percent, the currency has lost almost all of its value,
and growth is it zero. The Iranian regime relies entirely
on oil revenue to pay its military and to pay
its government and to subsidize its people. Those oil sales
generate one hundred and forty million dollars in revenue per day.
Speaker 2: That's over.
Speaker 6: This economic blockade of Iran is creating a massive cash
crunch for a government that relies entirely on cash. So
when their diplomats go to the negotiating table, they're coming
to it from a position of weakness, and our diplomats
are coming to it from a position of strength. Well,
I think it's only worth going to Pakistan if it's
very clear that the Iranians are willing to come to
Islamabad to get serious about our red lines, which General
Kine earlier talked about. I completely agree with his analysis
on this.
Speaker 2: We now have the.
Speaker 6: Leverage to get the deal that we've always wanted, the
deal that Alius has eluded Presidents Obama and Biden. This
is a historic opportunity, and I think President Trump has
the leverage to get the deal around no enrichment, no centrifuges,
no more of these long range missiles. You have to
stop funding proxies like Hesbo, lah In, Lebanon and Hamas
and all of these proxies that have killed so many
Americans over so many decades. So I think the Iranian
regime is likely to make some concessions. They just need
to be the concessions that honor our red lines. And
I think it's a very good sign that during the ceasefire,
while we have been opening the Strait of Hormuz, that
the Iranian regime has not attacked any of our ships,
and that seems to me like they are trying to
create good conditions to negotiate something with the United States.
Speaker 2: So count me down as a positive news from all
these experts that are basically saying this blockade is making
all the difference in the world. It has it like this,
mister Hook said, it's economic fury, not Yeah, this is
what this is. They don't have any money, and if
we can keep this going for two more weeks, the
predictions are that they're going to be trying uncle, They're
going to be out of money, they won't be able
to pay their soldiers, they won't be able to pay
the IRGC. It's going to collapse on them. And I'm thinking,
what a perfect way to end this war economically, rather
than worth more bombs. However, with all this good news
and the experts talking about how this is the way
to go and it's meaningful and will have an impact
and can maybe bring this war to an end, one
person is not happy with this blockade. He doesn't think
it's a good idea. It's none other than Chuck Schumer.
Speaker 7: Pree metric indicates that Donald Trump's handling of Operation Epic
Fury has been an epic failure. Donald Trump promised this
war would be won in a matter of days or weeks.
It's now day forty seven. This trade Cornus is not
only closed, it's becoming Aian cash cow, and Iran controls
the Strait is greater today than before Trump's than before
when Trump started the war.
Speaker 2: I don't know who's feeding him his information, but it's
not a cash cow for Ron at all. Is cut
off their cash and they don't control the Spader Parmus
at all. The United States Navy does. Tom Cotton, who's
a veteran, had.
Speaker 8: This to say, regrettable that Democratic senators like Chuck Schumer,
as most Democrats in Congress, and the liberal media would
root against American troops to succeed if it meant that
Donald Trump and Benjamin Netnil who failed. But that's basically
where we hear from the Democrats is they don't want
to see Donald Trump succeed and therefore they're rooting for
an American failure. But almost everything Chuck Schumer said there
is false. As you heard from Admiral Cooper, our military
is either on time or head of schedule on every
single line of effort, missiles, missile launchers, drones, their navy,
their air force, and now Iran is on the economic
ropes as well. They tried to close it's the straight
up her moves. We've always known they could temporarily do that,
but we have the power to either permanently close it
either everything comes out or nothing comes out at all,
or to permanently open it. So the ball really is
back in Iran's court, but time is not on their
side because they are losing hundreds of millions of dollars
of badly needed revenue every single day this blockade's in place.
Speaker 2: Well, Cotton is right, Schumer. I don't know where he
got the idea that it was a cash cow for Iran.
It's just the opposite. It was a cash cow for them.
It's the only time in war where the country that
we're fighting is actually making money off the war. Up
until the blockade, that has changed everything one hundred and
eighty degrees. Azilla Favi she was the bureau chief for
the Wall Street Journal in Tehran. Not only longer she fled,
she still has friends and family there, and this is
what her reaction is.
Speaker 9: Karin, I take it seriously, and that is because the blockade,
the blockade of the blockade is targeting Iran's economy, and
Iran's economy was already fragile. So the Iranian regime might
be able to withstand this blockade for a couple of days,
but if it's extended, it's going to hurt them, and
so I do take the threat seriously. It appeared yesterday
they were complying with the with the blockade, and they
said some of the ships had turned around. But the
threats that came today with serious and igr IRGC commander
talked about it and Iranian official talked about it. So
I think if they want to cause disruption, they can,
and they have already created quite disruption in the Persian Gulf.
Speaker 1: Uh.
Speaker 9: The perception widely is that the United States is targeting
Iran's economy. You know, the economy was not in a
good shape before the war. Since the ceasefire, the only
thing people are telling me about is crazy prices, like
even the price of potato quadrupled in a day. People
are very worried that the blockade is going to worsen
the economy. The inflation and it's going to lead to
the collapse of the Iranian economy. And these are not
middle class Iranians I talk to. A lot of them
are wealthy, well off Iranians who are really concerned about inflation.
Speaker 2: So if the economy collapses, so should the government. And
again I keep I'm rooting for a World War two
type of surrendered document and arrest the people that are
signing the document, take over the country, and then turn
it over to the people after you get everything set
back up for the people to vote for their own leaders.
If I was running the world, that that would be
the solution. I ran across. Some good news for President Trump.
He's been It's an interesting when it comes to politics.
There's been a lot the media has been about the
fact that Donald Trump's not popular. His popularity, his approval
readings have taken a dive. They're down in forty percent,
high thirty percent, somewhere in there. Nobody likes him. He's
everything he does is wrong. That's the reporting that you hear.
But Harry Anton, who take a look at all of this, says,
you know what, there's a group of people in this
country that are very positive about what Donald Trump is doing.
And that group of people, as I've been taught many,
many years ago, the people that are the most important
to politicians are senior citizens because they vote.
Speaker 10: Here's Harry, because President Trump is more than holding his
own amongst a very large portion in the electorate, a
very reliable voting block, and that is senior citizens. Take
a look here, Okay, Trump's approval rating age sixty five
plus in March of twenty twenty five, forty six percent.
Look at where it is now. It's basically the same.
Seniors have not moved. He's at forty four percent now.
And the key nugget here is for all this, it
turns out that older voters, senior citizens vote in far
larger numbers. So Republicans look at this number and they say, hey,
you know what, we can actually potentially do some real
damage or at least hold her own in the midterms
because President Trump is holding his own with this very
important voting block. It turns out, if you'll look at
all the twenty first century second term presidents and you'll
look at senior citizens, Trump actually is the best approval
rating at this point the second term of all of them.
Donald Trump at forty four percent. Obama was under forty
percent at third nine percent. George W. Bush was way
down there at thirty four percent. So Donald Trump is
beating other presidents this century at this point their second term,
beating all of them. And therefore, as I said, holding
his own amongst a very key voting block, the president
of United States in the White House should like this now,
especially compared to Obama, who Trump, of course always likes.
Speaker 2: To be And this was okay.
Speaker 10: So, you know, we spoke about the mid term elections,
so you know, oftentimes I asked myself, Okay, you know,
the President isn't obviously up for election this November, but
Republicans in the House are, and so I think just
making this comparison, right, you know, we've seen a lot
of folks saying, oh, Republicans doom when it comes to
midterm elections, But just take a look at this choice
for election among age sixty five plus. Back in November
of twenty twenty four, Trump won that group by one point.
We've seen some movement, but really not that much movement.
Democrats are head by three in the race for Congress,
and as John and I were talking about, this could
cost Republicans the House. But a number like this suggests
to me that Republicans very very well and are likely
to hold the Senate. This is what we've seen in
the polling data. When we look nationally, we see that
the movement, simply put, isn't there. And when you get
the most reliable voting block basically Republicans holding their home
with maybe some slight movement of Democrats, these are the
types of numbers that I think Republicans have to be
pleased with.
Speaker 2: Yeah, so there's a different side to the stories that
you see all the time about the Republicans are in
the dump and Trump nobody likes them, and everything's going
bad and the Senate's going to go to the Democrats.
It's still offully early. But I thought Harry Enton's interest
and I was told, oh gosh, many I probably thirty
forty years ago by one of the smartest STRATU election
strategists that I've ever met. He was a Democrat, and
he said, the most important voting block are seniors, and
the second most important voting block are affluent senior males.
So Republicans doing better than you think they are. We'll
see what happens in November. It's still a ways off.
Have a couple of items about the economy. This Thursday
morning jobs report came out first time jobless claims two
hundred and seven thousand. That was well below what was
expected two hundred and fifteen. So the Unemployment Office is
staying fairly steady. And that's a decent number. But there's
not a lot of layoffs when you get two hundred
and seven thousand number. The job market is still giving
a solid reason for the Fed not to reduce interest rates.
Another president's grumbling again about Jay Powell, and that's another
whole show. But I doubt that they are next meeting
will this will give them no reason for them to
cut interest rates at all. As far as your gas
and oil prices out there, surprise surprise, gasoline prices the
national average four dollars and nine cents. That is down
eight cents from a week ago. Still expensive, four to
oh nine d sol You truckers five dollars sixty one cents,
that's also down eight cents from a week ago. Washington
and California are the two most the only two states
with average gas price above five and oil prices well,
let's get to that. Let's get to how Wall Street
did today and will include the oil prices in that.
The Dow was up a little, down a little all
day long, finished on an upswing. The Dow up one
hundred and fourteen to close at forty eight thousand and
five seventy eight. The SMP this is a new high
up eighteen to seven thousand and forty one. NASDAK also
new high, up eighty six. The price of gold fell
nine dollars down to four thousand and eight fourteen, and
oil prices up two dollars today ninety three dollars for
that one barrel of West Texas Intermediate. Thursday, the Freddy
Mac mortgage survey interest rates coming down a little bit.
Average mortgage rate for a thirty year fixed rate mortgage
across the country six point three zero percent. So that's
it for today. Thank you for coming by. We will
be back tomorrow and I hope to see you then