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Speaker 1: And welcome here. We are welcome on this Thursday, the

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thirtieth day of July two thousand year by our twenty

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twenty six monument Tom Sullivan Man.

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Speaker 2: This month's going.

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Speaker 1: About Rob, Well, we got one more day tomorrow. Welcome

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to the Big Podcast. We have some of the usual subjects,

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basically updating you today that it's been a busy day.

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As far as updated, we have a run and the latest. There.

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We've got Todd Blanche who wants to be the Attorney

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General and has been nominated by the President. To get

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the nomination approved by Congress, a couple of Republicans standing

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in the way, the Democrat Socialists of America. They just

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keep on they keep on coming. And Russia. Not a

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lot of publicity about the fact that Russia has dipped

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its toe into NATO and almost no response. So let's

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start with Todd Blanche because very important position. He's been

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Assistant Attorney General for some time. Prior to that, he

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was the private in private practice, he was representing a

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number of people, including Donald Trump in his trial some

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of his trials, and before that he was with the

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Southern District of New York. He was a federal prosecutor

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and apparently well liked guy, and more than just liked,

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also admired for his legal acumen. He's a very good lawyer,

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highly regarded, and I guess when you look at his

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track record, I've often thought about some of the people

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like this that are highly regarded smart people. He probably

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made more money in private practice for just a few

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years than he did for probably a decade before that.

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They don't pay a lot for the federal prosecutors and

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yet a white shoe law firm in New York. He's

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going to make a ton of money. But he's not

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doing this for the money. He's doing it for whatever

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motivates him. But money is not top of the list.

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I'm sure money's somewhere on the list, but he is.

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He's a good lawyer, and yet at the same time

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he's a very loyal person to the president. A lot

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of Democrats are going to complain and go, oh my gosh,

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he's the president's lawyer. For heaven's sake, he's supposed to

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be the people's lawyer. I don't know if you are just.

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Speaker 2: I don't know.

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Speaker 1: I can't think of an attorney general who hasn't gone yes, sir,

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to the boss their president. A president appoints the attorney,

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nominates the attorney general, Congress has to give advice and consent,

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but they yet they work for the president. I know

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they're supposed to be the people's lawyer. I know they're

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not the president's personal lawyer. But most presidents that I

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know about and have watched over the years basically have

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them snap too to whatever it is the president wants

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them to do. I mean, I guess we could go

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down the list of prior attorney generals, but they all

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basically act very much as if they are working for

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the president. So this whole thing about John Cornyn, who

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was nomin who was who was running for reelection as

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Senate for the Senate from Texas and apparently also is

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a very well liked senator, and Donald Trump stepped in

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and said Ken Paxton, who who was the former attorney general,

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well actually at the current attorney general of the state

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of Texas, also a running per senator. I'm going to

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I'm going to endorse Ken Paxton, And as a result,

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the people of Texas, the Republicans in Texas followed the

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President's advice and voted for Ken Paxton. John Cornyn is

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a lame duck at this moment. He's out at the

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end of this Congress, which is the end of this year.

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He's he has had a long, wonderful career that basically

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the rug was pulled out from underneath him by the president.

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So you think he's going to like the president, of

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course not. Is he going to to make trouble for

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the president?

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Speaker 2: Not not?

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Speaker 1: Well, yes he's going to, but he's going to make

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it look like he's not. But this is where he

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and Tom Tillis and tell Us didn't get the pull

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the rug pulled out from under him by the president.

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He just kept bucking heads with the president and finally

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said that's it. I'm done with this. I'm not going

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to run for reelection in North Carolina. So you've got

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Tom Tillis and John Cornyn who are kind of free agents.

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They're out roaming on the land, out there doing what

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they think is right for once, and they are asking

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for Todd blanche to put in writing. What he said

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in testimony before one of the committee hearings when they

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asked him about two things, is the president the president.

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You've you've written up this agreement where the President was

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suing the IRS. Judge threw it out and said, you

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can't sue yourself. There's no adverse party here. You run

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the IRS, you're the chief executive officer. You can't do this.

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But before the judge threw it out, Todd Blanch wrote

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up a piece that said, well, the IRS has agreed

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never to audit Donald Trump or his family or his

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companies in the past forevermore. And people squealed. And then

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they also said, instead of the ten billion dollars that

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he sued himself over, they also said, oh yeah, and

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the anti weaponization bill that the President Trump wanted to

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have done, and Todd Blanche drew it up, is that

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one point eight billion dollars would be set aside to

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pay people for government harms, mainly the Jan sixth people.

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People squealed about that. Well, that brings us up to

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date to where John Cornyan is saying all I want

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you to do, Todd Blanche is put in writing that

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the anti weaponization one point eight billion dollar deal is dead,

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gone and won't happen. And the same with the agreement

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for the IRS never to audit the Trump's in the past,

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and Todd Blanche won't do it. And you go, well,

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I know he testified before Congress, so why won't he

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do it? And the more that he digs his heels

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in that says I'm not going to do that. I'm

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not going to put it in writing, it makes you think, Okay,

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they do plan to go ahead with the anti weaponization funding,

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and they also plan on getting the deal with the

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IRS done. So I wandered in writing is what John

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Cornyan says here.

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Speaker 2: He is, it's just the thing.

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Speaker 3: Use to commit to writing what he testified to under Row.

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Speaker 2: And it's not a big ask. Why do you think

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they're no young bessings from you? Maybe they think they.

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Speaker 4: Can roll me.

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Speaker 1: That was from earlier this morning, and then this afternoon

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Cornyn said.

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Speaker 3: This, They refuse to commit to writing what he justified

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to under Row, and it's not a big ask. We're

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trying to help them get this solved, but they refused

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to accept ours our help.

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Speaker 1: Well, I mean, I understand the argument that Todd Blanche has,

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but any lawyer, I mean, this is law school one

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oh one. If you're if you're entering into an agreement

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with somebody, any lawyer worth his or her salt will

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tell you get it in writing, and yet they won't

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put that in writing now. Late this afternoon, Todd Blanche

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did have a meeting with John Cornyn and Tom Tillis

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about a forty five minute meeting. No agreement announced yet,

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but it looks like the President is also toying with

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the idea of just dropping the whole thing, floating the

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idea of temporarily temporarily dropping the Blanche nomination. And what

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he's talking about is probably trying to get it into

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next year. But will the Senate be controlled by the

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Republicans next year?

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Speaker 2: I don't know.

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Speaker 1: Jim Jordan was asked about this, and Jim Jordan is

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he went to law school, but he's not a lawyer,

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and he said, I don't understand what the problem is. Again,

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what is the hangup with? Why won't they put it

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in writing. Elie Honig, who is a lawyer and worked

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with Todd Blanche at the Southern District of New York,

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reacted to this not.

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Speaker 2: Going to do it.

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Speaker 1: This is much ado about, not quite nothing, but very little.

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Speaker 2: Right.

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Speaker 1: He's already said this fun is dead.

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Speaker 5: We're not moving forward with it.

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Speaker 6: There is some perhaps theoretically way that someone somewhere down

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the line could try to revive it, but he's already

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testified under oath that it's dead. Putting it in writing

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would maybe be two percent more protection. But isn't it

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strange that this whole nomination when Tom Lance, with his

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history of mishandling the Epstein files, of being behind overtly

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political prosecutions. The big hang up is he set it

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into a microphone. Now we need it in writing. If

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they work this out, you know, that'll probably get him through.

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But it's strange to me that that's the sticking point

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of all the things to deal with with Todd lanch Oh.

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Speaker 1: Granted, it's strange, no question about it. But again, any

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lawyer worth his hearsault will tell you get it in writing,

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and for them to not willing to do that makes

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my stinkle meter go higher because it's obvious John Cornyn

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doesn't trust Todd Blanche and maybe he doesn't trust the president.

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He doesn't like the president, so maybe he's just being

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the thorn in the president's side on purpose. But Robert Garcia,

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who is a Democrat from California, thanks John Cornyn's doing

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the right thing.

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Speaker 2: Well.

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Speaker 7: I think Senator Cornyn as well as Senator Tillis are

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both doing the right thing by pushing back, creating roadblocks,

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slowing the nomination, and they and they should stick to

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that position. I mean, look, when you look at the

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weaponization in front on its own, I mean, you're you're

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talking about paying the people that tried that tried to

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overthrow an election, that attacked the capital, that were insurrectionists

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against our country and constitution. And there's no guarantee that

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this weaponization fund is actually dead. The reality is that

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we're not sure if Trump is he's going to try

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to bring it back. And so I think the push

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here is right. But also in the Jeffrey Epstein investigation,

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I mean, here is someone in Todd Blanche that essentially

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has not released half the files, is not following the

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law that the survivors himself themselves have said multiple times.

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He should not be confirmed. He dismissed the survivors that

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hastily had arranged meeting that he just had and of

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course put their lives in danger by releasing their personal information.

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And so the list goes on and on, weaponization of government,

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the Epstein cover up that's happening at the White House

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and the DOJ, and let's remember that Pam Bondi herself

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is the one that put the Epstein investigation clearly on

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Todd Blanche and all of its failures. And so I

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hope that the Senators stand strong. Quite frankly, more of

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them should be doing the right thing. But hopefully John

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Cornyn and Tom Tillis decide to vote no or at

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least slow this nomination and hopefully end it.

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Speaker 1: So, yeah, the Democrats are a lockstep in opposing Todd

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Blanche to be the Attorney General. But the Democrats, okay,

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they don't want them. But the Republicans, this committee needs

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John Cornyn's vote otherwise it's deadly. If he doesn't vote yes,

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then this nomination fails. It literally would be. The Republicans

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have a one seat majority in Judiciary Committee, and if

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Cornyn says no, then it will be a deadlocked tied

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at I believe, twelve to twelve. And if that's the case,

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Todd Blanch isn't the Attorney general. Here's the President this afternoon,

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also reiterating he wants them to be the AG.

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Speaker 8: Well, all, like I say, is Todd Lanch is outstanding,

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and I thought he's I thought it was pretty routine

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because he's so good.

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Speaker 2: He just wouldn't find a better person. So I don't know.

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Speaker 8: Maybe John Cornyon is upset with me because I didn't

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endorse him.

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Speaker 1: You think that's exactly what it is. Cornyan is mad

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at Trump. I get it. Trump gets it. And the

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President was warned, if you don't endorse Cornan, you're gonna

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need him in a bunch of boats between the end

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of the now and the end of the year. And

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here it is, so talk to tj Araghi. He is

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a big Republican campaign guy. Here's his view. Well, it

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surely didn't help.

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Speaker 9: And I think a lot of us saw this coming

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from a mile away, and we're saying that when he

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was in his decision making process, it's not good to

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have free agents running around willing to buck the president

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and the party as a whole to drive home a

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point in this case, the Anti Weaponization Fund, Epstein, Victims,

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the Irs, Settlement, etc. It's a tough lesson the president's

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learning right now in real time. These are really important issues.

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I agree with Senator Cornyn that the slush fund is

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a bad idea. I agree that we need to do

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more to prosecute the crimes of those in the Epstein files,

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and I think the IRS settlement's a bad look. But

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it's a shame too, because Todd Blanche is qualified for

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the role. You heard Tom Tillis say he's negotiating good faith.

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He knows the nuts and bolts of the DOJ. But

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he's in a really tough spot with the White Houses.

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As you just heard that, they don't know who's really

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calling the shots. This would be a tough position for

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any AG nominee to be in right now. And we'll

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see if they can hammer out a deal in the

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coming weeks.

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Speaker 1: And add to it that Dodd Blanche really, really, really really.

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Speaker 2: Wants his job.

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Speaker 1: Well, speaking of the people in Washington, the DSA, the

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Democrat Socialists of America, they're out there. But the number

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one nutburger in all of this is the mayor of

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New York City, ma'am, Donnie, I'm telling you, this guy

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is off his rocker. And so he is out wanting

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to raise taxes on people that are have a property

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worth five million dollars or more, and he's trying to

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figure out whether or not they're residents of New York

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City or whether they keep an apartment here, just so

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that they're wealthy people only come to New York a lot,

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and they don't want to get a hotel room, and

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so they have their own pities here. It's a small

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apartment that you keep so that all your stuff is

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here when you visit New York or when you're working

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in New York. So that's that's what he's looking at,

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is he wants to go after them, and he wants

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to tax the rich and the rich, I mean especially

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somebody that only comes in once in a while, isn't

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using government services, and they're paying a lot of money

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to the City of New York. So I would think

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that you would be happy to have a whole bunch

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of those people. They don't use the services and they

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pay a lot of taxes. But he wants to increase

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their taxes, put a premium on them. And he came

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out and said it is for anybody who has an

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apartment worth more than a five million dollars more. I

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know that sounds like a lot in most of America,

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but a five million dollar apartment in New York.

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Speaker 2: City is.

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Speaker 1: Below average.

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Speaker 4: It just is.

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Speaker 1: I mean, they have apartments here that are twenty million,

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thirty million, seventy million, dollars. So a five million dollar apartment,

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I'm sure it's nice, but it doesn't. It's not special.

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It's not something with gold all over it. And so

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then today we find out from the New York Post

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that also when you read the requirement of the extra

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tax that he wants to delay on these people, he's

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starting with one million dollar condos or five million dollar apartments. Well,

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a one million dollar condo is not even close to average.

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So he's going to try to tax a lot of

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people that are not wealthy. And that's usually the way

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this whole socialist thing works. They start off with because

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it's so popular as tax the rich. But you find

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out that the people that have one million dollar condos,

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maybe they bought it for two hundred thousand dollars ten

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years ago and now it's a million one and he's

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going to tax them. They're not rich, they're go to

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work people. Here's here's rama Manuel talking about raw. Oh,

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this is the war between the establishment Democrats, Rama Manuel

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and the DSA.

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Speaker 10: You chant a river to the sea, and that means

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it will never be a Jewish home land for Jews

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who had faced the Holkost and I said, I want

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you to hear this over my dead body.

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Speaker 2: Apparently.

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Speaker 1: He says they're roma manual says that's what Mom Downey

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told him in a private meeting. Josh Rubin, who is

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a big political guy. He was in the Obama administration.

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He was also in the Biden administration. He was on

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the National Security Council, He worked in the State Department,

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big powerful Democrat. Obviously he doesn't like the Democrat socialist

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anymore than rama Manuel. This is serious stuff.

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Speaker 11: And as an American Jewish person individual, as well as

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some of who's worked in American Jewish politics, I view

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this as very dangerous talk coming out of the Mayor's office.

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He is trying to divide and conquer the Jewish community.

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He is attacking Jewish institutions consistently, calling them monsters, ending

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New York support for the internationally recognized definition of anti Semitism,

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targeting the Prime Minister of Israel consistently, even though he

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has literally no responsibility for international affairs. And so if

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you ask Jewish New Yorkers if they're safer today than

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a year ago, they're going to tell you resoundingly no.

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Hate crimes have spiked over fifty percent of hate crimes

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in New York are against Jews, yet Jews are only

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temper of the population, and this just can't stand either.

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And I think what the mayor is doing is setting

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a tone for other and both connecteds oughts here other

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DSA candidates across the board who make anti Israel arguments

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as the core of their political identity, and that is

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dangerous to American Jews here in the United States.

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Speaker 1: Well, what the mayor has has done, he's doing a

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bunch of different things. He's trying to go after the

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Jewish population in New York City, and it's large, it's

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about ten percent of the city. But he also has

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published The Mayor of New York has published a searchable

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database of big apple properties that will fall under the

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state's new Pieta tear attacks, effectively dosing thousands of New Yorkers.

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The city's Department of Finance uploaded the list, which again

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is supposed to start with five million dollars and above properties,

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but instead covers properties in the five boroughs worth north

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of one million dollars. I guess he thinks that getting

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rid of these people by taxing him to basically make

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them leave the city, that that's going to have somehow

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make things cheaper for people that don't have one or

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five million dollar properties. I've often I don't understand that

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logic that somehow tearing down a rich person will make

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me better off. I've never understood that, but maybe you

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can explain it to me. So he's published everybody's name

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on the tax rolls, and that will also lead it searchable.

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It will lead to people that will go and protest,

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maybe or more harm them in some way. It's very

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dangerous to do. Ryan Brenberg from over at Fox Business

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had this reaction.

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Speaker 2: Address in your family's name.

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Speaker 1: Well, now a hassle.

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Speaker 12: You're guilty until proven innocent number one, that's what he's saying.

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But number two, you can't. Ken Griffin can fight. The

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guy's got resources. If you're just the average middle class

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guy who's on this list, you're going to fight city Hall,

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You're going to fight the blob of the bureaucracy.

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Speaker 2: You're not going to be able to do that.

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Speaker 12: Mamdannie has always said he wants to decommodify housing.

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Speaker 2: What does that mean?

359
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Speaker 12: A commodity is something you trade on the market. This

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isn't just about taxing property, it's removing it from the

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private sphere. He wants it to be a government thing.

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And this is a step, and he's put everybody unnoticed.

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You're rich out of towner, or you're in town and

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you own a home, I'm coming after you. Folks take

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them seriously when they say these things. He is right

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on one thing.

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Speaker 2: He's being clear. That's what he wants to do.

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Speaker 1: Again, the mayor is confused, but again he wanted to

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drive home his point about the fact that he has

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published the list of every homeowner. It's a searchable database

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that has the property worth one million dollars in condos

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or five million dollars in apartments.

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Speaker 2: Here's the mayor.

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Speaker 4: I think we're always going to do everything that we

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can to ensure that we're communicating clear leader New Yorkers,

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and I think that what we've found thus far is

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when it comes to these letters being sent out, it

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is anyone that the city believes may be subject to

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the searcharge for putting in the time now to ensure

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that come next year, this tax is only levied on

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those who are non primary residences that are worth more

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than five million dollars.

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Speaker 1: He leaves off some of the more salient points, so

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it's it's a Democrat Socialist of America leader Zoron Mom, Donnie,

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and that's what he wants to do. All right, let's

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move on the economy. Speaking of rich people, in the

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month of June, we got the Fed's favorite inflation index.

388
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It's called the PCE, the Personal Consumption Expenditure Index. It's

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things you buy, personal consumption. Anyway, it cooled off. In

390
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the month of May, it was at four point one percent.

391
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In the month of June, it dropped down to three

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point seven percent. It cooled off, and the reason why

393
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it cooled off is you don't have to be an

394
00:24:12,200 --> 00:24:17,359
economist to understand this. Remember what happened in June. Energy prices.

395
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There was a pause in the war, and energy prices

396
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came down, gas prices, oil prices, all of that came down.

397
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It was temporary. We're back to shooting at them again

398
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and prices are going back up again. But in the

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00:24:30,319 --> 00:24:33,680
month of June we got a little break. So enjoy

400
00:24:33,759 --> 00:24:37,240
your three point seven percent inflation in the month of June.

401
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But it's probably going to be much higher than that

402
00:24:40,839 --> 00:24:42,839
when we come back around for the month of July.

403
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The Growth of the Economy also was released today, GDP.

404
00:24:49,480 --> 00:24:54,640
They take three looks every quarter. One month after the

405
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end of a quarter, they published their first look, then

406
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a month later the second look, and then three months

407
00:25:01,000 --> 00:25:04,079
later it's almost into the next quarter, they published the

408
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final print. Well, they finally got as the final print

409
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for the first quarter of twenty twenty six, and they

410
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show that the economy grew two point one percent. That's

411
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pretty weak.

412
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Speaker 2: That is not.

413
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Speaker 1: Two point one percent growth is not enough to create jobs.

414
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Let me put it that way. It's kind of the

415
00:25:32,519 --> 00:25:37,720
standard economic line that they draw is three percent or more. So, again,

416
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the first quarter of this year, growth of two point

417
00:25:42,200 --> 00:25:46,279
one percent pretty weak. Now we're looking at the second quarter.

418
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We're getting the numbers from April, May and June, and

419
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we're showing that that number dropped even slower. We had

420
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a growth rate of one point five percent. That's still no,

421
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we're not in a recession, but we're down getting close

422
00:26:01,960 --> 00:26:03,920
to the point where you can't really tell the difference.

423
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So one point five percent is the growth that we've

424
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had in the second quarter of the year. That's not

425
00:26:12,920 --> 00:26:17,200
much to write home about. That's for sure. Spending money.

426
00:26:17,839 --> 00:26:22,160
Elon Musk has said that he's going to open up

427
00:26:22,319 --> 00:26:29,000
his wallet and spend some money on Republicans in the

428
00:26:29,119 --> 00:26:31,640
campaigns that are going on right now for the midterms.

429
00:26:31,920 --> 00:26:34,359
He says his budget will be between one hundred and

430
00:26:34,519 --> 00:26:38,039
one hundred and twenty million dollars. He's committed that amount

431
00:26:38,079 --> 00:26:43,519
of money. He wants to mobilize conservative low propensity voters.

432
00:26:43,599 --> 00:26:47,480
You conservatives that rarely turn out. You're a big conservative,

433
00:26:47,519 --> 00:26:50,079
but you just don't get off the couch to go vote,

434
00:26:51,039 --> 00:26:54,839
especially during non presidential election years. So he's going to

435
00:26:54,920 --> 00:26:59,319
try to get you moving and get you to vote somehow.

436
00:27:00,759 --> 00:27:02,240
The way he's going to do it, He's going to

437
00:27:02,400 --> 00:27:07,960
fund heavy door to door canvassing, digital ads, and direct

438
00:27:08,000 --> 00:27:14,960
mail campaigns. He is focusing on Senate and House races

439
00:27:15,240 --> 00:27:22,279
in Alaska, Iowa, Maine, Michigan, and Ohio. He's also as

440
00:27:22,480 --> 00:27:28,519
secondary list of North Carolina, Georgia, and Texas. Federal Election

441
00:27:28,640 --> 00:27:32,519
Commission shows that he previously gave five million dollars each

442
00:27:33,519 --> 00:27:38,400
to the Congressional Leadership Fund and the Senate Leadership Fund.

443
00:27:38,480 --> 00:27:44,319
So Elon has his wallet open for the Republicans. Okay,

444
00:27:44,480 --> 00:27:47,000
let's get to let's get to the war. By the

445
00:27:47,759 --> 00:27:50,960
by the way, I got an email from Eaglestorm. He says,

446
00:27:51,000 --> 00:27:52,759
I know I'm not a producer, but let me know

447
00:27:52,839 --> 00:27:56,720
when the Iran Marathon is over. I sent him a note,

448
00:27:56,839 --> 00:28:01,000
I says, geez, Eaglestorm, I've been putting iron at the

449
00:28:01,200 --> 00:28:03,759
end of the podcast and not even leading with it lately.

450
00:28:04,680 --> 00:28:07,319
But he's he always likes to be a producer, and

451
00:28:07,559 --> 00:28:10,960
now he's saying, I know I'm not a producer, Eagle Storm.

452
00:28:11,039 --> 00:28:16,799
I always appreciate your emails. Oh by the way, in

453
00:28:16,920 --> 00:28:19,640
a fan also sent me an email and said said,

454
00:28:20,640 --> 00:28:23,920
I wouldn't go to sleep on the Democrat Socialist. I

455
00:28:24,079 --> 00:28:25,880
know there's a lot of people just poop pooing the

456
00:28:25,920 --> 00:28:30,160
Democrat Socialists, But as I observe this, what's most interesting

457
00:28:30,240 --> 00:28:33,880
to me are all the naysayers, many from the Democrat Party.

458
00:28:33,960 --> 00:28:35,960
But you know what a lot of this reminds me of.

459
00:28:36,960 --> 00:28:39,519
I'll give you a second to think about it. This

460
00:28:39,680 --> 00:28:41,920
reminds me of when Donald Trump ran for president in

461
00:28:42,000 --> 00:28:46,519
twenty sixteen. Never remember, everybody said he the crazy, outlandish

462
00:28:46,559 --> 00:28:48,519
things that he says, and people didn't know what to

463
00:28:48,599 --> 00:28:51,400
make of it. I remember he says, people were saying

464
00:28:51,440 --> 00:28:55,079
he doesn't have a chance. But what I remember most

465
00:28:55,160 --> 00:28:57,559
were the people, the leaders of the Republican Party seeing

466
00:28:57,640 --> 00:29:00,359
him as a joke and dismissing him, and more or more,

467
00:29:00,440 --> 00:29:03,519
he just kept gathering steam. But I guess my point

468
00:29:03,680 --> 00:29:06,160
is that at the time, the little guy felt like

469
00:29:06,279 --> 00:29:08,440
they were getting screwed, and Donald Trump was the only

470
00:29:08,519 --> 00:29:11,240
one that seemed to be listening to them and talking

471
00:29:11,279 --> 00:29:14,279
about things they were interested in. So a lot of

472
00:29:14,319 --> 00:29:16,920
people were willing to overlook a lot of his serious

473
00:29:17,000 --> 00:29:21,119
flaws and give him a chance. I think I think

474
00:29:21,200 --> 00:29:23,200
a great deal of this is going on now with

475
00:29:23,319 --> 00:29:27,440
the Democrat socialists. Now, over time, as people learn more

476
00:29:27,480 --> 00:29:30,759
about them, they may reject them, but right now they

477
00:29:30,799 --> 00:29:33,440
are gathering steam because they were talking about things that

478
00:29:33,599 --> 00:29:41,519
other politicians are ignoring, jobs, living wage, housing, childcare, that

479
00:29:41,680 --> 00:29:45,440
appeals to the little guy. And there may be people

480
00:29:45,680 --> 00:29:48,359
that are so fed up they are willing to give

481
00:29:48,440 --> 00:29:53,359
them a chance the way they gave Donald Trump a chance. Well,

482
00:29:53,640 --> 00:29:56,720
in a fan guess what CNN's out with there, But

483
00:29:56,839 --> 00:29:59,920
we gave you the big rundown on the Fox pole

484
00:30:00,200 --> 00:30:04,880
last week. And it's a lot of things that are

485
00:30:04,960 --> 00:30:08,640
interesting in this poll. But what I found interesting out

486
00:30:08,680 --> 00:30:11,880
of all of it was they asked the question about

487
00:30:11,920 --> 00:30:16,079
who do you think would be better? Democrats are Republicans,

488
00:30:16,119 --> 00:30:20,160
and they're both tied just one point apart from each

489
00:30:20,200 --> 00:30:23,240
other on basically, we don't like either one of them,

490
00:30:23,720 --> 00:30:30,039
and that's Democrats, Republicans and independents. So more than half

491
00:30:30,119 --> 00:30:33,279
of Americans say the country's best days are already behind us.

492
00:30:34,839 --> 00:30:40,240
Disengaged voters are the key to winning future elections. As

493
00:30:40,319 --> 00:30:44,440
far as approval goes, Donald Trump's down to thirty seven percent,

494
00:30:45,359 --> 00:30:49,759
sixty one percent disapprove. But I think the bottom line

495
00:30:49,759 --> 00:30:53,839
here is there that's just all nice about who do

496
00:30:53,920 --> 00:30:56,839
you like better? Democrats? It doesn't you put the labels

497
00:30:56,839 --> 00:30:59,480
on them. Never really works. You've got to put a

498
00:30:59,599 --> 00:31:02,559
name on it. But right now they are saying Democrats

499
00:31:02,640 --> 00:31:05,519
and Republicans, we don't like either one of them, according

500
00:31:05,599 --> 00:31:11,160
to the latest CNN polls. Just for you, Eaglestorm, here's

501
00:31:11,599 --> 00:31:16,359
the war update. Brett McGirk always an interesting cat, and

502
00:31:16,559 --> 00:31:21,119
he was asked about this latest round of going back

503
00:31:21,160 --> 00:31:22,119
and forth at each other.

504
00:31:22,440 --> 00:31:24,000
Speaker 13: Kate, I think we've learned a few things really for

505
00:31:24,039 --> 00:31:26,680
the last month, but this week just reinforces it that Iran,

506
00:31:26,720 --> 00:31:29,400
whoever's in charge in Iran and I assume it's the

507
00:31:29,440 --> 00:31:32,799
Revolutionary Guards Akmed Fahiti, who's a new leader of the Guards.

508
00:31:33,720 --> 00:31:35,599
They do not want to deal with the United States

509
00:31:35,720 --> 00:31:37,799
unless it is entirely on their terms.

510
00:31:38,480 --> 00:31:39,519
Speaker 2: So what happened.

511
00:31:39,599 --> 00:31:42,720
Speaker 13: We had the MoU a month ago. Iran honestly got

512
00:31:42,920 --> 00:31:45,480
massive sanctions relief, even beyond what was in the Obama

513
00:31:45,519 --> 00:31:48,720
era JCPOA, and they didn't like how some things were going,

514
00:31:48,880 --> 00:31:52,119
and they attacked two commercial ships and that kicked off

515
00:31:52,160 --> 00:31:54,319
a new round of fighting. Earlier this week, when I

516
00:31:54,400 --> 00:31:55,920
was on with you Kate on Monday morning, we were

517
00:31:55,920 --> 00:31:58,839
talking about a tactical pause because both sides said, let's

518
00:31:58,880 --> 00:32:01,720
stop the strike, see if diplomacy can move. There's talks

519
00:32:01,759 --> 00:32:05,119
going on in Oman. And what did Iran do. They

520
00:32:05,200 --> 00:32:08,119
launched a missile at a US facility in Jordan, a

521
00:32:08,200 --> 00:32:11,599
missile attack, and now we have these attacks in Egypt.

522
00:32:11,680 --> 00:32:14,519
That tells me that the Iranians who are in charge

523
00:32:14,559 --> 00:32:16,799
and have the power, they don't want to deal less

524
00:32:16,880 --> 00:32:20,279
solely on their terms. It reminds me of a hostage negotiation.

525
00:32:20,279 --> 00:32:23,559
I've done hostage negotiations with Iran before, and the dynamic

526
00:32:23,640 --> 00:32:25,880
there is basically they say we have what you want

527
00:32:26,799 --> 00:32:28,880
we have what is valuable to you, and if you

528
00:32:28,920 --> 00:32:31,079
want it back, you have to meet our price. That's

529
00:32:31,119 --> 00:32:34,079
what makes a hostage negotiations so pernicious and so difficult.

530
00:32:34,400 --> 00:32:36,160
And they are treating the straight of her moves as

531
00:32:36,240 --> 00:32:38,880
the hostage. So basically they're saying what the price is,

532
00:32:39,000 --> 00:32:41,720
and they're telling President Trump, you meet it or this

533
00:32:41,880 --> 00:32:44,119
is just going to continue. And that means we have

534
00:32:44,200 --> 00:32:47,160
three very difficult options. One is you can concede to

535
00:32:47,200 --> 00:32:50,119
Iran's terms and basically concede sovereignty over the straight of

536
00:32:50,160 --> 00:32:52,759
her moves. I don't see the United States doing that.

537
00:32:52,839 --> 00:32:55,359
I don't see President Trump doing that. Second, you can

538
00:32:55,519 --> 00:32:58,240
just endure a kind of low level every now and

539
00:32:58,319 --> 00:33:00,799
then there's tit for tat strikes, you try to have

540
00:33:00,920 --> 00:33:03,920
back channel talks, you keep the blockade in place. That's

541
00:33:03,960 --> 00:33:06,240
going to increase pressure on Iran but also pressure on

542
00:33:06,279 --> 00:33:09,880
the global economy. Or you can escalate, and I think

543
00:33:10,000 --> 00:33:13,160
Sentcom is presenting options that would have a kind of

544
00:33:13,200 --> 00:33:17,200
a new set of targets presumably that would escalate the

545
00:33:17,240 --> 00:33:20,079
war put more pressure on Iran to try to get

546
00:33:20,119 --> 00:33:22,839
them back to the negotiating table with reasonable terms. But

547
00:33:22,960 --> 00:33:25,200
Iran has cards there too, as they're showing they can

548
00:33:25,680 --> 00:33:28,920
respond asymmetrically. That's what the Egypt strikes are about, and

549
00:33:29,000 --> 00:33:32,119
that's what the strikes against Saudi Arabia, which also happened,

550
00:33:32,160 --> 00:33:32,559
are about.

551
00:33:32,759 --> 00:33:35,400
Speaker 1: So three options. The third one he seems to be

552
00:33:35,519 --> 00:33:41,000
leaning towards, which is military. Tom Cotton, also the head

553
00:33:41,000 --> 00:33:44,720
of the Intelligence Committee in the Senate, feels the same way.

554
00:33:44,960 --> 00:33:48,680
Speaker 5: Of course, they are everyone in Iran. Iran's government is

555
00:33:48,759 --> 00:33:53,160
a revolutionary terrorist fanatic. They may play this game where

556
00:33:53,440 --> 00:33:57,559
the English speaking diplomats who wear suits say that they

557
00:33:57,640 --> 00:34:01,720
had no idea and they're sorry that they rogue factions

558
00:34:01,880 --> 00:34:06,319
killed Americans, but it's all one single government and Iran.

559
00:34:06,640 --> 00:34:10,239
The President was right to strike back against Iran. I

560
00:34:10,320 --> 00:34:12,159
think we need to continue to hit them hard. We

561
00:34:12,239 --> 00:34:15,320
need to keep the embargo in place, which is devastating

562
00:34:15,360 --> 00:34:17,199
their economy. We need to keep the straight open to

563
00:34:17,280 --> 00:34:20,320
keep costs down for our Kansas and all Americans. But

564
00:34:20,840 --> 00:34:23,920
I'm always been very skeptical that we'll find anyone in

565
00:34:24,079 --> 00:34:26,559
Ran that wants a deal and has the power to

566
00:34:26,679 --> 00:34:27,199
make a deal.

567
00:34:27,400 --> 00:34:29,639
Speaker 1: Well, you heard Senator Cotton talking about the fact that

568
00:34:29,719 --> 00:34:32,880
they apologize. Here's the president who said what but what

569
00:34:33,079 --> 00:34:36,079
but but they apologized here he is.

570
00:34:36,559 --> 00:34:40,360
Speaker 2: They already apologized, But you know, we got to smack

571
00:34:40,440 --> 00:34:41,000
them a little bit.

572
00:34:41,480 --> 00:34:45,079
Speaker 1: I mean, the first to get back when they strike.

573
00:34:45,760 --> 00:34:47,679
Speaker 2: Well, I always hit back pretty much.

574
00:34:48,920 --> 00:34:51,960
Speaker 1: Again, I'm listening for and I don't hear it the

575
00:34:52,079 --> 00:34:56,480
warrior men mentality. It will smack him a little bit.

576
00:34:57,199 --> 00:35:00,679
And yesterday he said, well, it's our turn, as if

577
00:35:00,719 --> 00:35:03,719
this is some sort of game, and now it's our

578
00:35:03,840 --> 00:35:09,840
turn to go to bad. He was also asked about

579
00:35:09,840 --> 00:35:11,800
the fact he says, hey, by the way, Reuters and

580
00:35:11,880 --> 00:35:17,159
others are reporting that China is supplying four hundred missile

581
00:35:17,280 --> 00:35:22,679
launchers to Iran China, and the President said, I would

582
00:35:22,760 --> 00:35:27,039
be very disappointed if China is doing that, because I

583
00:35:27,159 --> 00:35:29,840
talked to President She and he said that it gave

584
00:35:29,920 --> 00:35:34,079
me strong assurances that he would not get involved. So

585
00:35:34,280 --> 00:35:38,039
she's coming to Washington in September. But the President doesn't

586
00:35:38,119 --> 00:35:41,519
believe what Russia's doing. He said, I'm going to ask

587
00:35:41,599 --> 00:35:45,000
Putin about it. Now. They point out that China is

588
00:35:45,079 --> 00:35:48,599
involved in providing missile launchers, and President says, I'd be

589
00:35:48,760 --> 00:35:56,159
very disappointed. I'm struck by the naivete of the president

590
00:35:56,239 --> 00:35:59,639
when it comes to making war. In addition to talking

591
00:35:59,639 --> 00:36:04,360
about run and over there, there have been apparently a

592
00:36:04,480 --> 00:36:09,159
number of water companies in Minnesota that have been hit

593
00:36:09,280 --> 00:36:13,480
with cyber attacks. Their water systems have been attacked and

594
00:36:13,559 --> 00:36:17,639
been shut down. Obviously they're scrambling to get them back

595
00:36:17,719 --> 00:36:21,519
up again. But again, Iran is bringing their cyber attacks

596
00:36:21,599 --> 00:36:26,039
to Minnesota. They're starting there. You might see something like

597
00:36:26,119 --> 00:36:32,199
that near you soon. Meantime, Wall Street, of which was

598
00:36:32,559 --> 00:36:36,760
decimated yesterday dan well over a thousand points, decided today

599
00:36:37,360 --> 00:36:40,760
that they overdid it. So back up we went. Not

600
00:36:40,880 --> 00:36:44,320
a thousand, but we went up six hundred and thirteen

601
00:36:44,400 --> 00:36:47,199
points on the Dow to fifty two thousand and two

602
00:36:47,239 --> 00:36:49,559
to oh eight, the S and P up one hundred

603
00:36:49,559 --> 00:36:53,199
and twenty one, the Nasdaq up six hundred and seventy nine,

604
00:36:53,920 --> 00:36:58,599
So everybody's feeling good today. Gold even went up huge,

605
00:36:58,760 --> 00:37:01,719
up one hundred and twenty six dollars to four thousand

606
00:37:01,760 --> 00:37:06,039
and one sixty two, and oil down fifty cents. It's

607
00:37:06,079 --> 00:37:10,000
at eighty four dollars for one barrel of West Texas

608
00:37:10,039 --> 00:37:13,039
intermediate crude. So that's it for today. Thank you for

609
00:37:13,159 --> 00:37:16,039
coming by. We will be back tomorrow, I hope to

610
00:37:16,159 --> 00:37:16,719
see you there,