Speaker 1: And uh, hello, how are you welcome to the big podcast?
What today we're already having We're in the middle of
the afternoon recording this, and I'm looking at all the
business about Vice President j D. Vance and Steve Whitkoff
and Jared Kushner. They were going to be going to Pakistan.
They're going to have a meeting with the with the Iranians,
and the Iranians were saying, yeah, we're going, and then
then we're out, Well, we'll let you know. We're trying
to come up with a final decision on new Talk.
So that was kind of iffy, and so the President
and his team went to a high level meeting at
the White House around noon. Now, again, for Air Force
two to fly to Pakistan, they can't make it on
one tank of gas. They've got to stop in Germany
and fuel up. And so that whole trip is about
an eighteen to twenty hour trip, depending upon the winds.
It's a long trip. So if they're going to go,
they'd better get going. And everybody they had reporters watching
to see what was where Vance was going to He
stayed at the White House, so he didn't leave, not
at all. And this is typical of the Iranians. They
try and delay and string everything out, make it just well, go, yeah,
we'll see that, we got to go check on something.
We will be back in two weeks. They keep that
sort of thing going. But Iran has a vote here,
and if they don't want to be bombed, they would
try to do play along at least with the meetings.
But they are looking like they're not going to the meetings,
so it's it's still to be determined. As far as
the blockade goes. It's working. I mean, we turned twenty
seven ships around. Chris Murphy, the Democrat from Connecticut. He
used to be a fairly moderate Democrat. He seemed like
a semi sensible guy, but he has been itching to
run for president. He doesn't have a prayer, but he's
acting strange. He's acting weird, I mean literally now in
order to be all excited about things. His head bobbles.
He's like one of those heads, like a bubble doll. Anyway,
but he's not making any sense. And he sent out
a tweet something about awesome that twenty six ships got through,
and nobody knows about those twenty six ships, but it
sounds like he's cheering for Iran, so he got a
lot of pushback. Came out with a tweet later that said,
don't you understand sarcasm, not your senator, you're acting strange.
So we have rated forces of landed on a ship
that had Iranian oil and it was set for China.
Now I'm not sure if it's the same ship or
another one, but they also boarded a sanctioned vessel. I
think these are two different vessels. This one was in
the Indian Ocean. Yeah, that's quite a way away from Iran.
But Admiral James Stravitas, who knows about all things on
the water, was asked about capturing these ships so far away.
Here's the Admiral.
Speaker 2: Indo k com is all of what we think of
as the Pacific and then it goes into the Indian Ocean.
So think the tip of India that stretched to water
from there back to the Strait of Malacca and the
whole Pacific. It's enormous. It's perhaps forty percent of the
world's surface. It's a huge area. So why would we
be intercepting a ship way out there? And the answer
is that type of blockade we have put in place
is what's called a distant blockade, meaning we're not cozyed
up to each individual Iranian port. Rather, we're looking globally.
Most of the action is happening just south of the Strait,
but we can take down legally under international law with
a stated blockade, any vessel that is headed to or
from Iran. So that's why it's occurring tactically. And then
final think strategically why it's part of tightening the noos
economically around Iraq to try and choke off their economy
and ring concessions from them at the bargaining tape.
Speaker 1: So even though the ship was far away from Iran,
we have our intelligence people, our satellites are watching these
ships as they leave Iran if they have already left,
which this apparently was, And the admiral says, yeah, the
intelligence really gives us the upper hand.
Speaker 2: Absolutely right. And again it can feel counterintuitive. Why are
we taking down this ship so far away from the
straight you're showing And the answer is because we have
intelligence that it is moving toward or from Iran. Therefore
it falls under a legal blockade, a distant blockade, one
that can operate anywhere in the world. If you're in Tehran,
that's got to worry you in terms of your economy.
Speaker 3: That's the idea.
Speaker 1: So it will worry the leaders in Tehran. But are
they that worried about the economic pressure that is being
applied to them?
Speaker 2: Well, there's the question of the day, the question of
the week, and really the question of the war. Will
this pressure both epic fury alongside economic fury? As the
White House is caught it, will those two things come
together to force the Iranians to take a deal. I
think there's a two and three chance it will. If
I'm in Tehran, I'm kind of running out of cards
to play two and three chants will get to a
deal in the next few days. The administration certainly thinks
that if they consummate sending the vice president. So that's
the good news. Here's the bad news. That means a
one in three chance wheels come off, the deal straight
stays closed. Iran becomes complete, completely updured about the nuclear material,
we break down talks and we start striking them again.
That's a one in three chance. Let's hope the better
angels prevailed here.
Speaker 1: Yeah, let's hope for the better angel But at the
same time, these talks in Pakistan are very tenuous. The
Pakistani's are ready, they have big security wrapped around the
area where the meeting is going to take place. But
Ron says again that they have made no final decision
about about the talks, and it will take almost a
day for the Vice President and his team to get there.
So it's looking very uncertain whether that's going to be possible.
And if it's not possible, when do the drop do
the bombs start dropping? Again, here's Beth Sander. She was
a deputy d and I Director of National Intelligence, so
she knows these people. She knows them very well. And well,
let's listen to what she thinks about all of this
stalling technique.
Speaker 3: Yeah.
Speaker 4: I mean, I think this is in incredibly difficult moment.
And if I were sitting in the sit room as
the intelligence advisor with this team, it would be a
difficult moment right now because I think that the administration
is taking a stance which is understandable in a lot
of ways, but it is kind of counterproductive with the
group of people who are in charge of Iran, and
while they don't want to go back to war, they
are willing to call the president's bluff in order to
get the United States to back down, and as the
key thing right now for them is they need some
relief on this blockade and they want that relief. And
so there were kind of in a game of chicken
right now, and it is I feel like for the administration,
we're in a rock and hard place position.
Speaker 1: Well, she called it out, she said, we're kind of
in a game of chicken. And while we are recording
this breaking news, this is untrue social This is the
president at four to nine pm Eastern time, and he
says a statement of President Donald J. Trump, based on
the fact that the government of Iran is seriously fractured,
not unexpectedly so, and upon the request of Field Marshal
Assim Manure and Prime Minister Shabaz Sarif of Pakistan, we
have been asked to hold our attack on the country
of Iran until such time as their leaders and representatives
can come up with a unified proposal. I have therefore
directed our military to continue the blockade and in all
other respects remain ready and able, and will therefore extend
the ceasefire until such time as their proposal is submitted
and discussions are concluded one way or the other. President
Donald J. Trump. So there you go. They they called
his bluff. She said it was a game of chicken,
and the Iranian leaders were rolling the dice. They must
have had great discussions about this in Tehran, going well
do we do we cave or do we not? Or
do we stand here and see if we can bluff
the president? And that's what they chose, and the president caved.
He just gave in. The Iranians win. And so this
is until what what did he say? Until they come
come up with a unified proposal. They're not unified. Let's
go back to Beth Sander who talks about them. She
knows them that there are no unified proposals on anything moderate.
There's no moderates. They're all a bunch of hardliners. But
they're just rain with each other. So this will turn
out to just continue on and continue on, and will
it become.
Speaker 5: A forever war.
Speaker 1: It's starting to smell like that.
Speaker 4: I feel like that is a little bit overplayed. I
think that there are divisions within the IERGC. You know,
there certainly are folks who are more pragmatic and folks
who are even more hardline, But there are no moderates
here and The idea that politicians like the Foreign Minister
are in charge of Iranian decision making is fanciful. It
has never been the case in Iran, and it is
not the case now after they have been at war.
The IERGC is in charge, and the IERGC is making
a determination about what the path forward should be. And
certainly they are probably people who think like, yeah, we
should probably negotiate a little bit more and spread this
out and try to play with time a little bit more.
And others who are saying, you know, well, look, you
know the Trump administration is lying to us and saying
things publicly that are not true about where our positions are,
and they're seizing our ships. We've got to put our
foot feet down. So I think it's between hardliners and
more extreme hardliners, not between moderates and hard liners.
Speaker 1: Look at she was the Deputy National Intelligence Officer, the
DNI deputy DNI, so she knows who these people are.
And she said, there are no moderates. But they're trying
to figure out how to respond, And they were trying
to figure out whether they could play Donald Trump. And
I'm sure they had great discussions about do you think
he'll cave do you think he'll cave, And they said, well,
let's try, and he did. Like I said, I'm not
a warhawk, but I mean you've got to draw a
line in the sand and stick with it. He keeps
changing his mind. Ah, here's what the President said about
a deal with Iran just a couple of hours ago.
Speaker 6: What I think is that we're going to end up
with a great deal. I think it's got I think
they have no choice. It is regime change, no matter
what you want to call it, which is not something
I said I was going to do.
Speaker 5: But I've done it.
Speaker 6: Indirectly maybe, but I've done it, and I think we're
in a very strong negotiating position to do what other
presidents should have done during a forty seven year period.
Speaker 1: So he was on CNBC this morning. They asked him,
are you sure that you're not going to extend because
he was putting his foot down, we're not going to
extend the ceasefire deadline, and this is how he answered it.
Speaker 6: Well, I don't want to do that. We don't have
that much time because by the time both parties get
there is you know, they just got the okay to
go forward, which I do. They were going to do anyway.
I don't think that a choice they have to negotiate.
And you know, the one thing I'll say is that
Iran can get themselves at a very good footing if
they make a deal, they can make themselves into a
strong again, at wonderful nation again.
Speaker 1: Apparently from again the people that really have studied this regime,
they are not concerned certainly about their own citizens. They
don't care they kill them anyway, They don't care about
any of blown go ahead, blow our bridges up. All
they're interested in is their regime survives. That is their DNA.
Let's go back to Beth Center for one more from her.
Speaker 4: It is regime survival, of course is the number one thing.
And what they want to do is ensure that they
have a deterrent in the future in order to prevent
them from being attacked again so they can remain strong.
So the idea that they're somehow putting economics ahead of sovereignty,
ahead of their revolutionary ideology, I think is the wrong
way to think about this. Yes, they want the strait
to be opened, and they want the block that we
are doing to stop, and that is what they're pressing on.
But ultimately they want to make sure that they have
the tools to deter us in the future. And what
that looks like is ensuring that they can have sovereignty
or control over the Strait, because that's the ticket, that's.
Speaker 1: The economic ticket. But they are all about survival of them,
of the regime. Nothing else comes close to that. So
now what we have is facing You've got to go
in and take out the regime. I'm sorry, but I
know you're going to think I'm a terrible warhog. I
don't know how you do that without sending boots on
the ground. I don't know how we marched into Berlin,
we marched into Tokyo, we sent troops into take over
by and then putting the generals and everybody else in
charge of the war on the opposite side, I put
him in jail or we killed him. They're not talking
about that. And it goes I go back to the
Iraq War and when it first started, and there was
one general after another that said, you can bomb until
the cows come home, but you cannot take over a
country by just airpower alone. You need the army, you
need the marines on the ground. Taking over the government
and arresting the regime arrest him otherwise this is going
to go on. Well, what Donald Trump said he would
not do forever. Okay, let's move on to something else.
I am very disappointed in the extension of the ceasefire.
Over and over. You can see him being played so obvious.
We lost another member of Congress today. No, nobody died,
nobody got hurt. This is Sheila McCormick from Florida. She
was accused of taking five million dollars in COVID money
and using it for herself personally and for her campaign.
They've gone through the Ethics Committee and they have ruled
against her. I think it was twenty six of the
twenty seven counts against her. So the next step stop
was the full floor of the House, and somebody did
a whip count and found out that it takes two
thirds of the floora of the House to expel a
member of Congress. It's only been in six times in
the history of Congress. So she was going to be
number seven and lo and behold, she resigned this afternoon
before they could hold that vote. Here's Manu Raju talking
about it. He covers the Capitol.
Speaker 7: Yeah, there's no question about it. She was facing a
certain vote for expulsion from the United States, and that's
only happened six times in the history of the House.
And typically what members do is that they are facing
the likeliood of being expelled for alleged misconduct, they resigned
and give up their seat to avoid that outcome. And
that's exactly what Sheila Turfalus McCormick just did because she
decided to announce her resignation, which has just read on
the House floor, because the House Ethics Committee was about
to recommend what sanctions to move ahead with in the
afroad of finding her guilty in its own investigation into
misconduct largely involving her use of funds. There's allegations that
she stole five million dollars and COVID relief money that
diverting that to herself rather than it being used for
its proper use. She has denied all of that, but
she's being facing federal charges in that case. She has
pleaded not guilty in the federal criminal case, but the
House Ethics pro a separate investigative body here in the
United States House, found her guilty on number of charges
here about twenty five violations of various House rules and
was expected to announce that she should be expelled, and
if she were to face that recommendation, then there would
be a vote in the full House, and you can
bet that in that vote, there would be a very
likely scenario in which it would surpass a two thirds
majority in the United States House to kick her out
from her House seat. So, facing all that, she decided
to resign, and she put out a statement putting it
out on social media saying that this was not a
fair process. She said that she criticized the Ethics Committee,
saying they refused my attorney's reasonable requests for time to
prepare for my defense, and she went on to say
that this should not have been going forward when she
has fighting her own criminal charges. She said, she chose
to step away so that she can devote my time
to fighting for my neighbors in Florida's twentieth district. So
she said, I hereby resign from the one hundred and
nineteenth Congress, effective immediately.
Speaker 1: So she squirreled out of the consequences of being in
Congress and facing the Ethics Panel and being voted out.
But she still has federal charges, so she still has
to show up in federal court for stealing five million
taxpayer dollars. I mean Walwell's the same. I means Walwell
has got two criminal investigations going, one in Manhattan and
one in Los Angeles, so he still has to possibly
face a courtroom someday. So these people, thankfully are getting
run out of Congress one by one. I was really
taken by the hearing for Kevin Walsh for the new
Federal Reserve Board chairman. It was fascinating. It's kind I'm
interested in all that stuff. And Kevin Warsh, oh my gosh,
what a super qualified guy. He has credentials that are
impeccable and a long history. But it was fascinating to
watch because the ranking Democrat on the Banking Committee is
none other than Elizabeth Warren. And she never asked him
one question about the economy, never asked him one question
about the health of the banks in America, none of that.
All she did was she called him names, She called
him a sock puppet for Donald Trump. She focused on
so much hatred on Donald Trump that had did Donald
Trump ask you to do anything? Are you? Are you?
And Donald Trump? And gohotes, is there any of your
investments that you're required to sell. He's got to sell.
He's very wealthy guy. He's got one hundred million dollars. Well,
Jay Powell has twenty million, so he's no proper. But
Kevin Walsh said that he had a meeting with the
Government Ethics Committee and they went through everything, and he's
going to sell one hundred million dollars of his an
assets and put them in some sort of trust fund
or something run by somebody else while he is the
chairman of the Federal Reserve. If he is wins the nomination,
he would win the nomination without any problem, except for
Tom Tillis, the Senator from North Carolina. He thinks to
Donald Trump, he's mad at Trump. He's resigning, by the way,
So he's talking he's not an afraid Republican. He's talking
about how Donald Trump is going after Jay Powell, the
current chairman of the Fed, for overruns on the Federal
Reserve building. We've talked about that at length in the past.
So he says, look at you're just on You're just
on a vendetta to get people that you don't like,
and you don't like Ja Powell because Jay Palell won't
salute you about you wanting to drop interest rates, and
so you're going after him with this big investigation. Tom
Tillis says, I'm not going to vote for Kevin Walsh
or any other bad chairman until you drop this phony
attack on Jay Powell. Well, Trump has not dropped the
attack and Tom Tellis has not dropped the block. So
they had their confirmation hearing today, but there's I don't
know if they're going to have a vote, but everything
is held up in the meantime. So Elizabeth Warren was
way out of line and everything was all about Trump.
Oh and also Epstein. Do you have any investments with
anybody that did any business with Epstein?
Speaker 6: You did?
Speaker 1: You? She really did that. So John Kennedy, I'll play
the whole thing for his five minutes of questioning. John
Kennedy gets up there and it's his turn to quiz
Kevin Walsh extra time.
Speaker 3: Consider these five minutes of parliamentary in quirky or what's
the sock puppet?
Speaker 5: I heard the reference from Senator Warren.
Speaker 3: Yeah, what is it?
Speaker 5: I'm not sure I know. I think it's that thing
you stick your hand in.
Speaker 3: Yeah, kind of like this, Yes, what's a human sock puppet?
Getting a human a sock puppet. Somebody will do what
somebody else tells them to do.
Speaker 5: I think that's what the Senator was trying to suggest.
Speaker 3: Are you going to be Are you going to be
the President's human sock puppet?
Speaker 5: Senator? Absolutely not.
Speaker 3: Are you going to be anybody's human sock puppe.
Speaker 5: No, I'm honored the president nomin for the position, and
I'll be an independent actor if confirmed as Chairman of
the Federal Reserve.
Speaker 3: My friend, Senator Warren and she has my friends, suggested
that I wrote it down.
Speaker 1: You will use your power.
Speaker 3: You might use your power to bail out your friends
if they get in trouble, kind of like President Biden
did with a Silicon Valley Bank and a Signature bank.
She didn't say the last part, I just did. Are
you going to do that?
Speaker 5: No, Sunler.
Speaker 3: Okay. The ethics folks they've cleared you, but they said,
you've got to sell some assets.
Speaker 5: Is that right, yes, sir, okay.
Speaker 3: And these assets that you have, you can't just hold
a yard sale, can you not?
Speaker 5: For most of them?
Speaker 3: Okay? So it takes a fair a reasonable period of time, right, yes, yes, sir,
And you're going You've promised to sell them, right I did.
And if you don't sell them, will know and the
ethics folks will know.
Speaker 1: Right.
Speaker 5: Yes, I'd be in violation of the Ethics Agreement if
I refuse to sell them. But you're going to sell them, right, yes,
Sunther I will.
Speaker 3: Okay? Can we agree? Can we agree that politicians have
the right to offer you advice about what to do
with interest rates?
Speaker 5: Sarah? We can agree, And it's not something that I
would shy away from. I've heard many senators from this
very committee in years past express strong views on interest rates.
Humble central bankers should be listening and then making their
own decisions.
Speaker 3: Some but some politicians matter more than others, and generally speaking,
presidents matter. Their opinion matter matters more than say a Senator.
President Trump has offered his opinion about what you ought
to do with interest rates?
Speaker 5: Is that right, Senator? He has not made his opinion
on that a secret to anybody.
Speaker 3: Yeah, and every president has that you're aware of. Yes,
And they all tend to be in the same direction,
Senator Kennedy, Okay. Now, the problem is, can we agree
that your credibility as FID Sherman is the most important
thing you have.
Speaker 5: It's the most important thing to me. It's the most
important thing the institution, and it's the most important thing
to the successful conduct of policy. Yes, right, yes, Okay.
Speaker 3: The problem is the President Trump has said he's not
going to appoint anybody who wouldn't agree to lower interest rates.
Have you agreed with the President that you're going to
lower interest rates.
Speaker 5: Senator, I'm glad you framed it that way. The President
never asked me to predetermine, commit, fix, decide on any
interest rate decision in any of our discussions, nor would
I ever agree to do so.
Speaker 3: So. The President has never set you down, looked at
you in the eye, and said, here's the deal, Scooter,
I'm going to appoint you, but you got to agree
to lower interest rates. That didn't happen, or did happen.
Speaker 5: The President never once asked me to commit to any
particular interest rate decision period, and nor would I ever
agree to do so if he had. But he never did.
I was honored denominated me like everyone else in the committee,
in the world. I've heard his view on interest rates.
It sounded very similar to me to every other president
in economic history that I've studied.
Speaker 3: Okay, I've got to. I've got one more question because
I'm about to run out of my parliamentary inquiry time.
I've heard your argument the last few months about artificial
intelligence has made us so productive labor, labor so productive
that that companies don't have to raise prices. Therefore inflation
isn't isn't a problem, therefore rage can be cut. Do
you really believe that right now?
Speaker 5: No, that is not how I would characterize the story
on AI.
Speaker 3: Okay, but you've said what I just said, haven't you.
Speaker 5: I have said that this is the most disruptive moment
in modern economic history in the US and the world.
I've said that artificial intelligence AI should.
Speaker 3: Let me stop you fair is going to cut me off.
Here's my worry that at a lot of this stuff
about artificial intelligence making us more productive is a bunch
of height by people who want to sell stock in
an I p o. Okay, I'd be careful there, thank you, missus. Chairman.
Speaker 1: So that was just part of the hearing went on
for hours. But until Tom Tillis says he'll vote for
the chairman, or until Donald Trump backs off on his
legal attack on Jay Powell, we're just going to be
in limbo, and then everything will come to a head
in May when j Powell's chairman term expires, and will
see what people do at that particular time. So in
the interview that the President did with CNBC this morning,
of course, they asked him about the FAED chairman. Here's
his answer.
Speaker 6: I think Kevin's great. He's really the central casting other
two cents, Okay, I think he's going to do a
great job. Yeah, if there's time for I've been I've
been a favor of interest rates. Rate rises to stop inflation.
I think it's sort of is effective. But there's one
thing and you nobody ever talks about it but me, unfortunately,
so I'm sure it's not correct, but I think it is.
We should be we should have the lowest interest rate
in the world.
Speaker 1: We could, but it wouldn't make any economic sense right
now I look at it. I've been very much a
critic of Jay Powell being too late, So I agree
with the President on his criticism. But if but if
Trump wants the lowest interest rates in the world, guess
what else goes down the value of the dollar. So
for US companies doing business globally, it will make it
very difficult in fact, maybe hurt their business substantially to
do business internationally with the lowest interest rates in the world.
So again, this will all come to a head next
month when Jay Powell's term as chairman expires. Hello, Virgil,
You've gone election day today and it's as there. We
go around the country with all the states that have
voted or are voting for redistricting, and in well, California's
coming up in the first week of June. But Virginia
goes today and Virginia has eleven congressional districts. If this map,
this new map is approved by the voters, ten of
the eleven will be Democrats. There will only be one
Republican from way down in the southwest corner of Virginia.
So Abigail Spanburger, she is the new governor, and this
is what she said in her pitch for people to
vote for changing the redistricting map.
Speaker 8: We know that this all began when President Trump said
that he was quote entitled to extra seats in Congress.
And so now as we have seen states take action,
virgin has the ability to do something responsive.
Speaker 1: Okay, so she's right. The President started this by going
to Texas and asking them to redistrict the state of
Texas and to provide to provide more Republicans, but other
states then jumped on that same bandwagon. The former governor,
just until recently Glenn Younkin, a Republican, add this response
to the current governor.
Speaker 9: Now we see what it means when many Democrats recite
the same oath and then turn around and violate the
constitution and drive an unconstitutional jerry rigging effort like they
are today.
Speaker 1: So Matt Whitlock is a former head or maybe he's
the current head of the National Republican Congressional Committee. He's
the one for raising money for congressional candidates, and he's
a Republican, so he's hoping that people vote.
Speaker 10: Know, I would have liked to see some earlier engagement,
particularly on the financial side, But I also understand why
national Republicans wanted to sort of stay out of this
to keep that conversation from getting nationalized, because the only
Democrat attack really here has been we need to take
away power from President Trump. And so yes, I would
have liked to see earlier engagement. But we have seen
great enthusiasm from Republicans in the early voting, looking about
three percent more red than we saw in November of
twenty twenty five.
Speaker 5: So there is a very real path here.
Speaker 10: And the two things that I'm watching most closely for
that path are obviously those red counties who are looking
at these maps and saying, wait a second, I live
next to West Virginia, and I'm going to be represented
by some radical in Arlington who's probably an NGO consultant.
But the other thing is those Spamberger voters who believed
her when she said she was running as a moderate
focus on affordability, got into office and is governing as
a radical who wants to raise taxes on your dog
groomer and saying, wait a sec that's not what I
voted for, and I don't necessarily want to reward that
bad behavior by giving democrats more power with this insane map.
Speaker 1: Really did probably more apparent than most politicians. She's bad
at it, but I mean she ran as basically, I'm
a good old moderate Democrat and I'll be easy to
work across the aisle with the Republicans and we all
want what's good for Virginia. And the day she was inaugurated,
she hiked taxes. She she went for more regulations she
went for the vote for the vote for the for
the redistrict, and she became a super lefty literally overnight.
And it was it's so apparent to anybody that has
watched Sir Donald Trump. The President weighed in on Virginia.
Speaker 6: You said she was going to be a moderate, she
wasn't going to raise taxes, and literally in her first day,
she wiped out all of the good that was done
by your excellent governor. Glenn did a great job. He
was a great governor. And she just wiped it out.
And not only wiped it out, she put taxes on
every single item.
Speaker 1: Yep, it's true, no exaggeration there. Wall Street Today. Let's
see what happened there, because the news came out after
the market clo and the President's very sensitive to the market,
so he waited until nine minutes after the market closed.
But still it looked like the talks in Pakistan were
not going to happen. It was nobody was moving. The
Vice President was still in DC. Whitlock and Jared Kushner
were still in DC. The Iranians were making noises about, well,
we're not sure if we're going. So the market, which
started off up a couple hundred points this morning. It
just kept going down. This kept going lower and lower,
finished down two hundred ninety three, the Dow at forty
nine thousand and nine, the S and P fell forty five,
and as DAK fell one hundred and forty four. The
price of goal down ninety dollars to four thousand and
seven thirty eight, and oil went up a couple of bucks,
finishing at ninety two dollars now for one barrel of oil.
That's it for today. Thank you for coming by. We
will be back again and tomorrow night. Hope I'll see
you there.
Speaker 3: Yeah, I