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Speaker 1: Hello, Welcome on one and all to the Big Podcast

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on this Friday. Today is the twenty sixth day of June,

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Year of Our Lord, twenty twenty six. My name is

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Tom Sullivan, and busy Friday. We got a lot to

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go over. It's there's a couple of things out there.

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First of all, there was a story out of Beijing

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this morning. It happened overnight for our time, but there

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was a small plane that flew into the tallest building

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in Beijing. It's a one hundred and eight story office building.

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If I remember right, World Trade Center was one hundred

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and seven, so this is the tallest building in Beijing.

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And I saw a video of the plane that hit

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the building. I did not see any damage to the building,

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but apparently there was some. But it looked like it

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wasn't even a full size general aviation aircraft. It looked

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like it was somebody described it as a sport airplane,

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and there is a category now for they're lightweight. They

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don't have a lot of technicality to them. They're a

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smaller plane. And it looked like it was a sport aircraft,

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single engine that hit into the building and then just

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fell to the ground. It did not go into the building.

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You could see the plane fall. So the Chinese officials

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freaking out about it. They ran around and made sure

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that anybody had any photos of it or any video

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of it. They seized their phones. Yeah, they don't want

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anything nothing. Don't show this to anybody. So and the

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other thing, apparently in Beijing is a it's an off

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limit flight area. So how this little plane got in there.

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I'm sure the Chinese are going to be taking a

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very close look at that. We've also got a gas

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and oil I haven't been quoting. I'm not doing it

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to avoid it, but it just it's coming down and

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coming down faster than I thought it would. But the price,

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the average price for one gallon of gasoline in this

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country if you're heading off for the weekend, three dollars

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and ninety cents. That's the cheap stuff. Three ninety is

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the average across the nation. Diesel four dollars ninety three cents,

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both of those down. Well. Gas is down fifty nine

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cents from a month ago, diesels down sixty four since

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from a week ago or from a month ago. California

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is not the most expensive gas in the nation. Hawaii

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has claimed that average price for a gallon of gas

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in Hawaii is five dollars fifty one cents. So I mean,

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first of all, I'm jealous if you're going to Hawaii.

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I love going there. Secondly, you can't drive very far.

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You really can't. Even if you get a rental car,

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you can't go that far, so you're not going to

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burn that much gas. But in any case, Hawaii is

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number one five point fifty one. California has slipped to

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number two. Average price of gasoline there is five dollars

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forty eight cents yep is there an average of three

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ninety California is an average of five forty eight. Only

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other state that has more than five dollars gas is

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the state of Washington. It's of five dollars in twenty

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four cents there. I saw Seattle's five sixty three, which

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would make that the most expensive gas on average. So

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that's your gas report for the day. We have. In

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addition to all of that, we've got people still freaking

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out about the Democrat socialist and the people that are

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freaking out the most are the Democrats. They don't want

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those socialists being part of their party. And I think

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it's pretty obvious that the Democrat Socialists of America have hijacked,

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tried to hijack the Democrat Party. And the reason why

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is it they couldn't get anywhere on their own. They

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had to line up with and get on a ballot

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under Democrat. And the Democrats are saying, we don't like this,

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not at all. So let's start off. Van Jones was

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in the Obama administration. He's a big spokesman for people

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on the left, and he doesn't like it either.

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Speaker 2: You have to be concerned, You have to be concerned.

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You got to look. I used to be on the

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left side of Pluto.

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Speaker 3: You know, I was a berserkly activist of the first

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few Democrats. Hey listen, I was to the left of Democrats.

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I was out there with the best of them. So

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but listen, you know then I grew up and they

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had a family and realized some of these ideas are nutty.

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But to have somebody who, you know, their main qualification

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for being in our party is they were celebrating after

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October eighth, the murder of innocent israelis to have somebody

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and our party get the nomination whose main qualification is

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saying that there should be no police, no prisons. Israel

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shouldn't exist. Uh, this is a this should is a

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red flashing light. And I think people who have more

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reasonable ideas in this party and I start working because

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what's happening is uh the establishment things that you can

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just buy ads and that's gonna get endorsements. That's going

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to somehow help you win. Trump figured out and figured

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out the hard way. You can't win in Iran with

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just bombers if you have nothing on the ground. Moderates

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cannot win in these blue districts that they have nothing

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on the ground. Off All they have are as an endorsement,

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and they don't have the door knocking army of the

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ds A.

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Speaker 2: You're going to see more and more of these candidates. Listen.

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Speaker 3: I don't I want to say, as Democratic chow you,

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the Democratic Socials of America have a ground farms.

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Speaker 2: It's not an acronym. A lot of.

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Speaker 3: Welcome to my world, to my world where you have

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to know where the ds favors, the the CPUSA.

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Speaker 2: It's a whole different world over here.

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Speaker 3: My only point is this, Uh, they've got ground troops

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and passion matters and a mobilized base matters and moderates

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keep thinking that they can just say shame on you

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and sign another check. You're going have to put people

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on these doors otherwise they're going to have people like

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this and worse taking off this party.

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Speaker 1: Van Jones is right. I mean there's not only do

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they have a huge door knocking army, which is incredible,

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get out the boat, get people mobilized. But they have

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a passion. They really are passionate about their beliefs. They

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really do want to get rid of police. Ice, which

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is police, but they want ice. They want police to

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be gone. They want prisons to be shut down. They

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don't want to put anybody in prison. They want the

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border completely open. We had the lady yet to one

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of the ones that want in New York. She wants

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to nationalize the airlines because she feels that it costs

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too much to fly on United Airlines or American or Delta.

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If she wants to have the government take him over

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and we'll have government airplanes. I'm halfway trying to figure

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out how they can accomplish that. Let them have a

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government airline and let's see if anybody wants to fly

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on it. Let them. I mean, you can't open that well,

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they already have been the Democrats. Well, I'm not talking

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about Democrats, socialists. Democrats across the country have been opening

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their prison walls, opening the doors, letting the people out

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of prison. So there's a that's they're not that far.

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I mean, Van Jones is trying to say, we can't

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have these people be part of our party. They're pretty close.

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They're cousin, they're kissing cousins. They are pretty darn close

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to what Democrats already believe. So one of the many

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Democrats lining up to take a shot at running for

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president in twenty eight is the governor of Pennsylvania, Josh Shapiro,

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and his whole his old card is that he is

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a moderate Democrat and can moderate Democrat to win. Well,

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here's the governor.

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Speaker 4: I think what is important are the people who are

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making a lot of noise we're engaging in these performative

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politics have to now figure out how to deliver results.

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I think we as a party need to find our

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way toward candidates who actually can deliver for people and

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make their lives better. I think what our party has

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to go through that will be very healthy and something

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we've not really done since the nineteen ninety two election

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site is to have a battle over what we believe in.

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Speaker 1: Well, that sounds nice, it's the old it's kind of

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too tame for a lot of people. Let's have a discussion. Well,

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Josh gottheimer. He's more bold than Josh Shapiro.

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Speaker 5: I think there's a new group of Democrats socialists, who

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are socialists who are not common sense Democrats who are

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not interested in getting things done. They're interested in throwing bombs,

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not actually solving problems.

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Speaker 1: There's a lot of that. Besides in Democrats in any

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political office, they're performative politicians. They throw bombs, they want

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to get the media attention. If there's a camera or

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a microphone anywhere nearby, they'll be even getting louder. So

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the calm, reasonable, thoughtful politician. I don't know if we

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can elect them anymore. So. This morning on CNBC, Joe Kiernan,

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one of the anchors, they had Jakim Jeffries on and

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Joe Curtin said, you're next. They're they're they are literally

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yelling a lot of these performative far left, the Democrat

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socialists that Hakim Jeffries he's one of the leaders of

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the Democrat Party that he's next, and he totally pushed

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back on it.

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Speaker 2: They were saying, you're next.

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Speaker 6: About Hakeem Jeffers, You're next, You're next, You're next.

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Speaker 2: You can't you can't think this is.

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Speaker 7: This is a positive development in New York politics.

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Speaker 8: Can you?

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Speaker 9: First of all, I've clearly rejected those things, and that's

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number one, number two, and my records face for itself.

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This is not a Dems will be DEM's situation. Donald

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Trump is the president of the United States of America

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right now.

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Speaker 2: Are you kidding me?

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Speaker 1: I'm not sure how the Trump comment got in there,

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but that's what they resort to is you don't have anything,

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you don't have an answer, you don't know what to say.

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Say you know Trump is president right now? Well I

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had no idea. So they are yelling he's next. And

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remember he is a New York City office holder. He

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represents part of Brooklyn, and all around him are now

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people that were the people in New York City were

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voting for Democrats socialists. So I think he may be next.

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Joe Concha, wait in.

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Speaker 7: Oh, it is a route at this point, I believe

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we saved the tapes around here, So let's save this

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tape right now. Chuck Schumer will not survive any primary

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challenger from the Democrat Socialists of America, especially if Alexandria

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Cassio Cortez, she just told Fox News Digital yesterday that

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she may run for Senate in New York, didn't rule

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it out. Certainly, we'll put it that way, if she

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decides to take on Schumer. Schumer's done because he used

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to be a public sixty percent approval among New York voters.

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Speaker 2: He's now bogged down in the thirties.

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Speaker 7: And then you look at Hakeem Jeffries and his approval

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is in the twenties. And I think people need to

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understand I think you articulated perfectly during your monologue, is

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that Democrats socialists really don't like Maga Republicans, but they

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especially hate establishment Democrats, and they are not too here

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to work with the Democratic Party in this current structure.

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To your point, they're here to take over the party.

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And that's what's happening in major American cities, not just

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New York. Seattle has a socialist mayor, Washington, you see,

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is going to have a socialist mayor. Los Angeles very

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well can have a socialist mayor, and one by one

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these cities will fall because the establishment right now means

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status quo and Democrat voters, especially young ones with all

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the energy, don't like the status quo right now.

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Speaker 1: And he's right, they have a lot of energy. And

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so we've talked about the Democrats and Republicans and the

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fact that they change over years. The Republicans today are

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split by maga influence and it's not the old established

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establishment Republican party, not at all. That was the point

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of Donald Trump with to go in and kick out

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the old establishment. And the Democrats are going through the

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same exact thing. So mark your calendars fairly closely. Yet

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you don't have to go out that many years, and

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we will see dramatically different political parties. The Republican and

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Democrat parties are not going to be recognizable. Carlos Jmenez

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a longtime Republican South from South Florida. He also is

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very concerned about what's going on with the Democrats being

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taken over. Even though he's a Republican. He thinks the

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Socialists are going to win.

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Speaker 10: I don't think they can and they're losing the battle

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big time. And so can you imagine that you actually

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have to sign a document that says that you want

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secure borders, that you support capitalism, and that you're patriotic.

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I mean, you have to go that fara and that's

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actually sign a document that shows how frightening this Democrat

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Party has become and that they can never ever, you know,

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get the reigns of power, because they will change America fundamentally.

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And by the way, what's happened in New York and

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those supposed Democrats socialists, No they're not. They're actually fascists

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wrapped around socialism. And there are some images coming out

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of New York that are frightening to me. Things that

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I've seen, you know, I've seen images like that, you know,

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back in the thirties in Germany. And so this is

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what's happening now to the Democrat Party. And there's thirteen

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of them, thirteen of over two hundred have signed a

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pledge that they are they're patriotic, they like capitalism, and

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they want secure borders. That in itself shows you the

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state of the Democrat Party today.

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Speaker 2: It's a statement of weakness to stop them.

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Speaker 1: Yeah, absolutely, I'm watching all these people and I'm thinking, well,

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the establishment Republicans, the old establishment Republicans are kind of

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looking for a home because they got pushed out of

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the Republican Party. Are they going to line up with

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the establishment Democrats and somehow work together? You never know.

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One of the leaders of the Democrat Party, Alyssa Slotkin,

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the Senator from Michigan, she wants to get rid of

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all the leadership of the Democrat Party.

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Speaker 11: There is every single day a debate going on in

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the Democratic Party. And for me, this is why I'm

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a big believer in just new leadership. Significant The old

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models do not work for people, and that including the

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Democratic Party.

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Speaker 1: I don't take a wild stab. I think she's in

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her forties, so she's when she talks about the old model,

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I think she's talking about the old people in the party.

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All right, let's move on. Big decision today by the

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jury in Los Angeles. This guy, Jonathan render Neck was

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an uber driver who was accused of causing the LA fires,

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especially Pacific Palisades, and they found him. I don't know.

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He called nine to one one a number of times

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on New Year's Eve. He was an uber driver. New

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Year's Eve. He was complaining the passengers that he drove

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that evening, said he was angry that he did not

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have a date, and he basically thought Luigi Magioni was

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a hero, and he was mad at rich people. And

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you're in Pacific Palace Age, which is almost one hundred

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percent rich people. And so they said, huh, he must

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have started the fire. And so they found a lighter

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in his car. Well, I don't know, I don't have one,

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but I'm sure a lot of you have a lighter

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somewhere on your person or in your purse or who knows.

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But that was that, and then they had they had

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other evidence that he was there, I guess, tracking his phone.

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But the fire that they accused him of starting on

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New Year's Eve, the fire department went and put that

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fire out, but it was five days later when apparently,

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and I had no idea, but apparently the roots of

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the bushes that were burned, the roots were still burning

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and with the wind whipping up, five days later, the

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fire came back to life and led to burning down

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thousands of homes. So they had a trial. The trial

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has been underway. The jury came back today. Judge had

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this is a federal courthouse in Los Angeles. The judge

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had to declare a mistrial, and the way the jury

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broke down, ten said not guilty, too said guilty. So

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the Feds now this afternoon, after all of this, this,

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so this mistrial has been declared. It was all based

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on circumstantial evidence. And I thought, how can they accused

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him to use him of a fire that he wasn't

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anywhere near five days later but they link him to

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the burning roots from January December thirty. First, well, here's

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some of the comments made by jury members after they

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came out of the courthouse, just too holding out.

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Speaker 12: The entire time, we were like kind of going back

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and forth and it was like undecided and decided. Maybe

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like four of us were like set on the not guilty,

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and then they were all undecided. And then there's it

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just happened that one person was not gonna budge from

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the guilties. And then someone this morning said I go

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on that side too.

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Speaker 1: And do you figure out?

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Speaker 12: But definitely started out the majority was always like not

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guilty and like seven five yeah, like probably seven and

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then like three undecided too guilty. And then we talked

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and talked, and when we realized it was like someone

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wasn't gonna budge, we were like what are we doing here?

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Speaker 2: I'm gonna go nuts.

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Speaker 12: I think it's such a waste of our American dollars.

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I just feel like such negligence. Like honestly, I hate

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saying that because I'm not you know, it didn't happen

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to me, but there were so many, so many people

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up there said they did see smoldering, So why wasn't

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it taken care of? It was put out and no

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one was there. I think the photos like six am,

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nobody was there. People were hiking and it wasn't until

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the huge palace dates happened and a lot of things

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were not maybe necessarily excluded, but the way that was

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presented was very misleading.

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Speaker 13: Yeah, I think I agree with Serena here that you know,

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I don't think he was I would have leaned not

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guilty as well. I think a lot of the witnesses

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that the defense brought really helped suade me. They brought

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in their own experts who didn't agree with the government's experts.

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Having not secured a scene for almost two weeks says

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a lot. And to pin that on one person, you know,

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at the end of the day, we're all human. I

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realize mistakes are made, but this is a man's life,

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and we can't ignore that fact either.

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Speaker 1: So it was I don't understand why the FEDS are

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going to retry this guy because it wasn't eleven to

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one in favor of convicting. It was ten to two

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feeling it was not guilty. They could not. You can't

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tell the jury that something that he did a week

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ago caused a fire a week later. It just did

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not pass the smell test. In Paul Morrow, the former

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detective over at the NYPD, had similar feelings.

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Speaker 6: I actually was not just a because primarily of the

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delay in time between when he supposedly set the original

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fire and when the Palisades fire actually took place that

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did the damage that we all know so much about

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and saw the films of. There's a little bit of

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a causation issue there. Un Let's remember something. This doesn't

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mean that the ten people who found him not guilty

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or were going to find him not guilty wholeheartedly believed

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that he had nothing to do with this. The bar

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is reasonable doubt, and this was a very unique set

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of circumstances. Now, look, I never worked us in an explosion.

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That's the units here in NYPD. I had a couple

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of arson things. But the idea that a fire could

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go down into the roots of a tree and sort

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of percolate for almost a week and then re emerge

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is novel to me, and I suspect it would be

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novel to a lot of jurors. And so, while I

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do think there was some compelling evidence here, the stuff

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on his phone chat, GBT and all of that, I

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think the defense did a good job of raising a

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causation reasonable doubt here, and the proofs into putting ten

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people went for it.

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Speaker 1: I think I'm right there with Paul. I'm having a

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hard time saying you are you absolutely sure, beyond a

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reasonable doubt that the fire that he set on December

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thirty first was the cause of the fire that was

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January sixth Maybe, but beyond a reasonable debt? Well carry

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her bond. Former DOJ lawyer, she weighs in us. From

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the legal side, Yeah.

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Speaker 14: You know, what may have convinced the jury or have

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certainly impacted those tenders was an expert that the defense called,

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and this was a retired LA Sheriff's Department arson investigator,

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and he testified that this case is quote probably not

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an arson and then he went on to say, in fact,

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I don't think it's arson at all to kind of

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tack onto what Paul is saying. So maybe that that

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expert given that he was, you know, part of the

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LA Sheriff's department at one point, this is this was

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his area of expertise. The fact that he came and

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said I don't think this is what it is may

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have put those tenders over the edge the other way.

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Speaker 1: Oh again, after all this is said and done, the

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federal prosecutor in La said, we're going to retry him.

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You're wasting your time, You're wasting money, You're wasting a

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lot of people's time, I think. But in any case,

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he's set to free. He's free until until they reset

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the trial. I think before they reset the trial, they'll

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rethink this and maybe not try him again. John Bolton,

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who I've told you before, I know he's a big hawk.

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I know John. I admire him. He's so brilliant. He

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is just a brilliant man. He was at the top

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of his class at Yale Law School. I mean, he

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just he's a smart guy. So if he was so

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smart and he was the national security advisor in Trump

397
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one point zero, he knows the rules about classified documents

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backwards and forwards. Well, what he was doing was he

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was taking notes while he was in national security meetings

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or meetings with the president, and then in order to

401
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remember those And I do the same thing myself sometimes

402
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I'll send myself an email to remember something that from

403
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from the office so that when I get home it'll

404
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be there. Well, that's what he was doing. He wanted

405
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to remember some of these things, so he sent them

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to himself, and therefore they were on his personal computer.

407
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He would, I don't know, open them up, print them,

408
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keep them, download them, do something with him. But they

409
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were on his computer. And apparently he also talked to

410
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his wife and daughter about some of the matters that

411
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he was dealing with regarding national security. Well, that's a

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huge no no. And the president, you know, he's on

413
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a retribution at campaign, and he doesn't like John Bolton,

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and John Bolton doesn't like him, even though they worked

415
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together many years ago. But if they're going to be

416
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the NSA guy, and you know what the rules are,

417
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you're leaving yourself open for the President or anybody else

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in the federal government to charge you with a crime.

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And that is what he's been charged with him. Today

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he showed up in federal court in Maryland and pleaded guilty.

421
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Here's Kelly Hayes, the US Attorney for Maryland this morning.

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Speaker 15: Just moments ago, John Robert Bolton, the second pled guilty

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in federal court to the unlawful retention of national defense information.

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According to the terms of the plea agreement, mister Bolton

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faces a maximum sentence of up to five years in prison,

426
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followed by a term of up to three years of

427
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supervised release. He will also pay a fine of two

428
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point two five million dollars and will forfeit his pension

429
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under the Hiss Act. As National Security Advisor to the

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President of the United States, mister Bolton had access to

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and was responsible for safeguarding the most sensitive national defense information,

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including classified material.

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Speaker 1: So this is head scratchiform me because, like I said,

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Bolton is so brilliant, but this was a stupid mistake.

435
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This is something This is stupid. So I don't know

436
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why he did what he did. He should have known better,

437
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but he pled guilty for illegally retaining national security information.

438
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And he was the ambassador to the UN in the

439
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In the George W. Bush's administration and then he was

440
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NSA National Security advisor in Trump one point zero. So

441
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he's going to forfeit his pension. I don't know how

442
00:27:37,119 --> 00:27:41,880
many years worth, but it's it's probably decent money. Paid

443
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two point two five million in fines, and they're going

444
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to sentence him down the road a little bit and

445
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they may give him up up to five years in prison.

446
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I don't know if he's going to see jail time.

447
00:27:55,960 --> 00:28:02,440
But the problem became no One was that he discovered

448
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that Iran. He had knew somebody was hacking his home

449
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computer and it turned out to it with somebody from Iran.

450
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Iran also has a hit out for him, a hit contract.

451
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They want to kill him. He John Bolton, Mike Pompeo,

452
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and President Trump for killing and being involved in killing

453
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General Solomoni, and so Bolton's on that list. And so

454
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besides wanting to kill him, they also hacked his computer.

455
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So he knew his computer was hacked. He called up

456
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the NSSAY and said, hey, my computer has been hacked.

457
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They did the technical work and found out it was

458
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somebody from Iran. So he did have secret information that

459
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Iran was able to get, which is why they don't

460
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want people doing what he did. The interesting part about

461
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this is Donald Trump was also charged with the marral

462
00:28:58,839 --> 00:29:03,960
Lago documents his place, but they dropped those charges because

463
00:29:03,960 --> 00:29:09,920
the prosecutor did not have authority to charge him with

464
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those crimes. And Joe Biden was also charged. Well, he

465
00:29:15,400 --> 00:29:19,240
was in charge, was he was the investigator because of

466
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national security documents that he had the Adam at his home,

467
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He had him in his home office, he had him

468
00:29:25,839 --> 00:29:28,880
in the garage next to the corvette. He Adam at

469
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at the University of Pennsylvania Biden Center. They were all

470
00:29:32,240 --> 00:29:35,759
over the place. But they did not charge Joe Biden

471
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because remember what they wrote that he was just the

472
00:29:40,000 --> 00:29:44,920
doddering old man. So they didn't charge Biden because he

473
00:29:45,000 --> 00:29:47,960
was the dottering old man. They didn't charge Trump because

474
00:29:48,039 --> 00:29:51,480
the prosecutor didn't have the authority. But they went after

475
00:29:51,640 --> 00:29:58,119
John Bolton. And he's paying dearly, dearly, dearly for his mistakes.

476
00:29:58,640 --> 00:30:04,920
And speaking of Iran, so I told you yesterday that

477
00:30:05,480 --> 00:30:12,480
Iran has fired upon a ship flagged a cargo ship

478
00:30:12,559 --> 00:30:18,200
flagged in Singapore, and President today said that it was

479
00:30:18,839 --> 00:30:22,319
a mistake on the part of Iran to do that.

480
00:30:22,319 --> 00:30:26,519
That was a huge mistake and it violated the ceasefire agreement.

481
00:30:27,160 --> 00:30:31,640
So General Keene was asked about, now what do we do?

482
00:30:32,640 --> 00:30:34,839
Speaker 8: Well, it didn't surprise me at all, I mean, because

483
00:30:35,519 --> 00:30:38,440
the reality is hold on when they look at the

484
00:30:38,440 --> 00:30:40,279
stretch of the moves and what they were able to

485
00:30:40,359 --> 00:30:43,680
achieve when they first shut it down on two March,

486
00:30:43,759 --> 00:30:46,680
you know, just several days after the war began on

487
00:30:46,720 --> 00:30:49,880
February twenty eighth, and then we went to a ceasefire

488
00:30:51,839 --> 00:30:55,680
several weeks later on April the eighth. They achieved something

489
00:30:55,720 --> 00:30:59,279
with that and that is stuck in their head. They

490
00:30:59,440 --> 00:31:05,200
believe this gives them geopolitical advantage over our over their adversaries,

491
00:31:05,200 --> 00:31:08,559
the Golf States in the region, and also some leverage

492
00:31:09,319 --> 00:31:12,920
with the United States. So remember the MoU. While everything

493
00:31:13,000 --> 00:31:15,119
is in the future in the MU, over the sixty

494
00:31:15,200 --> 00:31:18,400
day negotiation period and then some you know, in terms

495
00:31:18,440 --> 00:31:21,799
of all things nuclear ballistic missiles, support for proxies, and

496
00:31:21,799 --> 00:31:25,359
the list goes on. But the deal, an agreement that

497
00:31:25,519 --> 00:31:27,680
was struck, was over the strait of a moves in

498
00:31:27,759 --> 00:31:31,200
the MoU, and that certainly is that it is supposed

499
00:31:31,240 --> 00:31:33,440
to be open all lanes clear of the lanes that

500
00:31:33,480 --> 00:31:38,759
are not clear and no administrative control whatsoever. And here

501
00:31:38,839 --> 00:31:43,240
Iran is doing two things. One is they're exercising administrative

502
00:31:43,240 --> 00:31:45,440
control and certainly.

503
00:31:45,079 --> 00:31:46,039
Speaker 2: That is prohibited.

504
00:31:46,279 --> 00:31:49,400
Speaker 8: But what I mean by that they're telling ships where

505
00:31:49,440 --> 00:31:52,000
they can go and when they can go in terms

506
00:31:52,000 --> 00:31:55,039
of what lanes. And two you have to get Iranian

507
00:31:55,079 --> 00:32:01,400
insurance to execute that. That is absolutely prohibited by the MoU.

508
00:32:01,839 --> 00:32:06,240
And then obviously violating the cease fire is what it is.

509
00:32:06,839 --> 00:32:09,519
And taking a cargo ship, Now why did they shoot

510
00:32:09,519 --> 00:32:12,079
at that ship, Well, because it was in a lane

511
00:32:12,440 --> 00:32:15,079
that they didn't want them to be in. Elaine is

512
00:32:15,160 --> 00:32:20,359
much closer to Oman Alman and where US military forces are.

513
00:32:20,960 --> 00:32:23,240
So we're going to have to arm wrestle this out,

514
00:32:23,839 --> 00:32:26,279
make certain that they step back, and if they could,

515
00:32:26,359 --> 00:32:28,839
they continue to do this. I think a couple of

516
00:32:28,839 --> 00:32:30,759
things are going to happen. The President is not going

517
00:32:30,799 --> 00:32:35,079
to let this stand. He's been public record explaining exactly

518
00:32:35,160 --> 00:32:37,680
where he is on the straits of a moves them.

519
00:32:37,680 --> 00:32:40,519
MoU was kind of confusing in the sense, remember what

520
00:32:40,559 --> 00:32:45,200
it said, no restrictions during a sixty day period. Then

521
00:32:45,200 --> 00:32:48,200
when a sixty day period is over, Yes, Oman and

522
00:32:49,559 --> 00:32:52,160
the running is going to work out the details in

523
00:32:52,240 --> 00:32:54,240
terms of how to administer it to it, well, that

524
00:32:54,279 --> 00:32:57,920
implies a level of control. The President spoke out very

525
00:32:57,960 --> 00:33:00,319
pointedly on that and said that's not going to happen.

526
00:33:00,759 --> 00:33:03,359
If there's any if anybody's going to control the straits,

527
00:33:03,359 --> 00:33:05,359
that's going to be the United States, and we'll actually

528
00:33:05,480 --> 00:33:09,279
charge a fee if a fee is appropriate. So this

529
00:33:09,440 --> 00:33:13,279
is going to get resolved. Either it'll get resolved in

530
00:33:13,319 --> 00:33:16,240
the runnings will stand down and stop what they're doing,

531
00:33:17,000 --> 00:33:20,519
or we will force them to stand down, and Step

532
00:33:20,559 --> 00:33:23,400
one would be put back in place what we were

533
00:33:23,480 --> 00:33:27,000
doing when we clear the lane and we were protecting

534
00:33:27,000 --> 00:33:28,880
the ships to go through that one lane that was

535
00:33:28,920 --> 00:33:31,680
close to them on we were getting fifty five ships

536
00:33:31,680 --> 00:33:35,480
through their a day. Or if necessary, go back to

537
00:33:35,559 --> 00:33:40,119
Project Freedom, which is we absolutely open the straits physically

538
00:33:40,160 --> 00:33:42,920
and keep them open and maintain a presence there to

539
00:33:43,039 --> 00:33:47,599
guarantee that that's open. And obviously that would take some time,

540
00:33:47,720 --> 00:33:51,079
but nonetheless that's what's in front of us. Step one.

541
00:33:51,480 --> 00:33:54,119
I see the President putting his foot down here and

542
00:33:54,160 --> 00:33:56,839
tell them to knock it off. And if that is

543
00:33:56,880 --> 00:33:59,920
not enough, then we're going to move into the phases.

544
00:34:00,119 --> 00:34:02,079
Speaker 2: I think I just mentioned to you.

545
00:34:02,720 --> 00:34:05,279
Speaker 1: Well, we'll see. I mean, you can't predict what Donald

546
00:34:05,319 --> 00:34:09,920
Trump's going to do, but he keeps You know, everybody

547
00:34:10,000 --> 00:34:12,559
gave Barack Obama a hard time because of the fact

548
00:34:12,559 --> 00:34:14,800
that he had a red line and he just ignored it.

549
00:34:15,480 --> 00:34:17,960
And now the question is is Donald Trump going to

550
00:34:18,000 --> 00:34:22,119
ignore Is this a red line? Donald Trump doesn't define

551
00:34:22,239 --> 00:34:24,360
red lines the way a lot of people do, so

552
00:34:24,440 --> 00:34:26,480
we'll have to wait to see what the President decides

553
00:34:26,920 --> 00:34:33,760
to do about this violation of the ceasefire. In money News, Oh,

554
00:34:33,880 --> 00:34:38,199
We've got two things. One is after this podcast, we

555
00:34:38,239 --> 00:34:42,920
are going to post the Financial Friday version of my

556
00:34:43,079 --> 00:34:49,119
podcast Family. So again I'm going to pitch on this podcast.

557
00:34:49,480 --> 00:34:53,559
If you have money questions, you have any about investing,

558
00:34:53,639 --> 00:34:59,239
about saving, about which to do roth IRA, regular IRA,

559
00:35:00,480 --> 00:35:07,920
various interest only mortgages or adjustable mortgages versus fixed rate more,

560
00:35:08,039 --> 00:35:11,960
whatever you have in a money question, Mutual funds, ETFs.

561
00:35:12,760 --> 00:35:15,800
That's what it's all about. And you can find my

562
00:35:15,920 --> 00:35:19,119
phone number on my website, which is Tom Sullivan dot

563
00:35:19,159 --> 00:35:22,320
com and call the phone number and leave a question

564
00:35:23,239 --> 00:35:26,199
financial question. I love it. We used to do this

565
00:35:26,280 --> 00:35:28,960
many years ago and it was a very popular part

566
00:35:28,960 --> 00:35:32,800
of the show. The phone numbers eight five five two

567
00:35:32,880 --> 00:35:37,800
nine five sixty six hundred, eighty five five two nine

568
00:35:37,920 --> 00:35:42,559
five sixty six hundred and then again the Financial Friday

569
00:35:42,599 --> 00:35:44,880
podcast will be up here in just a little bit.

570
00:35:45,599 --> 00:35:50,320
One thing about money today, some newsmakers Neil Cashcari, who

571
00:35:50,400 --> 00:35:54,079
is the president of the Federal Reserve Bank of Minneapolis,

572
00:35:54,119 --> 00:35:58,239
came out today and said he expects a rate hike

573
00:35:59,599 --> 00:36:05,199
this yes, sometime this year. Did say when, but that

574
00:36:05,320 --> 00:36:08,320
there's been more and more mumbling about instead of lowering

575
00:36:08,360 --> 00:36:12,079
interest rates, that the Fed may raise interest rates because

576
00:36:12,199 --> 00:36:17,480
inflation continues to creep up very slowly, but it keeps

577
00:36:17,559 --> 00:36:24,800
going higher. So watch for that meantime. Wall Street today, No,

578
00:36:25,039 --> 00:36:27,480
I just kind of state it was a very Friday session.

579
00:36:27,519 --> 00:36:31,320
The Dow Jones industrials down a little down forty four

580
00:36:32,119 --> 00:36:35,599
to fifty one thousand and eight, seventy six s some

581
00:36:35,719 --> 00:36:40,679
P down three, NASDAK down sixty. Price of gold the

582
00:36:40,679 --> 00:36:42,840
only thing with a green arrow. It was up thirty

583
00:36:42,840 --> 00:36:46,679
four dollars to four thousand and eighty one. And oil

584
00:36:47,039 --> 00:36:51,440
continues to keep dropping. For the first time West Texas

585
00:36:51,440 --> 00:36:55,280
Intermediate below seventy it's at six, down two dollars and

586
00:36:55,320 --> 00:36:58,920
fifty cents down to sixty nine dollars and some change

587
00:36:59,679 --> 00:37:03,159
for a barrel of West Texas Intermediate. Remember it was

588
00:37:03,239 --> 00:37:07,719
about sixty when the war started, so we're almost back

589
00:37:08,440 --> 00:37:12,199
to pre war prices. So that's it for today. Thank

590
00:37:12,239 --> 00:37:15,800
you for coming by. We will be back again with

591
00:37:15,960 --> 00:37:18,760
the Financial Friday Podcast a little bit and we'll also

592
00:37:18,840 --> 00:37:21,400
be back here again on Monday, and I hope to

593
00:37:21,440 --> 00:37:21,960
see you then

