1 00:00:22,199 --> 00:00:27,000 Speaker 1: And hello, greetings everyone, Welcome to the Big Podcast on 2 00:00:27,039 --> 00:00:31,640 this Thursday. Today is the eighteenth day of June, year 3 00:00:31,800 --> 00:00:35,920 of our Lord twenty twenty six. My name is Tom Sullivan, 4 00:00:36,560 --> 00:00:41,799 and man live with this whole thing about the agreement, 5 00:00:42,719 --> 00:00:45,640 the memorandum of understanding. It's not an agreement. It's just 6 00:00:45,640 --> 00:00:50,039 a memorandum of understanding that was signed, I guess a 7 00:00:50,039 --> 00:00:53,880 couple of times. It was signed apparently electronically this past Sunday, 8 00:00:54,520 --> 00:00:59,560 and then last night the President signed a paper copy 9 00:00:59,600 --> 00:01:03,359 of it sitting at the dinner table at the Palace 10 00:01:03,600 --> 00:01:07,760 of Versailles. Well, it was part of the G seven thing, 11 00:01:07,840 --> 00:01:11,599 and Matt Crone knew that Trump loved gold, and the 12 00:01:11,640 --> 00:01:16,719 Palace of Versailles is like this, just gold everywhere, and 13 00:01:17,239 --> 00:01:20,000 so they knew it would make him happy. And while 14 00:01:20,000 --> 00:01:23,239 he was there, Marco Rubio brought over some paperwork for him. 15 00:01:23,280 --> 00:01:26,680 While he's at the dinner and he gets out his big, 16 00:01:27,519 --> 00:01:32,560 big marker pen and signs the paper, which is apparently 17 00:01:32,599 --> 00:01:39,400 the Memorandum of Understanding. So with that, the blowback has 18 00:01:39,519 --> 00:01:45,680 been pretty strong. Of course the Democrats, but also a 19 00:01:45,760 --> 00:01:50,040 lot of conservatives and a lot of Republicans are going 20 00:01:50,280 --> 00:01:54,000 this is not a good deal. But rather than start 21 00:01:54,040 --> 00:01:58,359 off with something negative, I thought, the vice president came 22 00:01:58,400 --> 00:02:01,159 out today and boy, he's getting a lot of the blame. 23 00:02:01,719 --> 00:02:06,000 Trump was joking about it yesterday, but there are apparently 24 00:02:06,079 --> 00:02:08,400 a lot of people that are saying, I heard Brian 25 00:02:08,599 --> 00:02:11,039 kill Meat on Fox say, you know, this isn't the 26 00:02:11,080 --> 00:02:13,680 president's deal, this is this is the vice President's deal. 27 00:02:14,400 --> 00:02:17,159 Because he's so protective of Trump, so he had he 28 00:02:17,199 --> 00:02:22,560 had to blame. He blamed Vance because JD Vance was 29 00:02:22,680 --> 00:02:28,319 involved in the negotiations going back a few weeks. So 30 00:02:28,759 --> 00:02:34,000 JD has been now saddled with this thing, and the 31 00:02:34,039 --> 00:02:36,840 President joked about the fact that if it turns out bad, 32 00:02:37,080 --> 00:02:41,240 it'll be JD's fault. But so he came out this morning. 33 00:02:41,240 --> 00:02:45,639 He was on every television show that is possible to 34 00:02:45,680 --> 00:02:50,719 get on in New York television networks, in the New 35 00:02:50,759 --> 00:02:53,159 York networks yesterday he went from one network to another, 36 00:02:53,280 --> 00:02:56,120 to another to another. And his job is to sell 37 00:02:57,000 --> 00:02:59,919 you on the idea that this is a great deal. 38 00:03:01,360 --> 00:03:04,520 So this is He came out this morning into the 39 00:03:04,520 --> 00:03:10,319 White House briefing room and said hello to the assembled media. 40 00:03:10,639 --> 00:03:13,240 Speaker 2: First of all, I think the President's peace plan in 41 00:03:13,280 --> 00:03:16,039 Iran as already bearing real fruits for the American people. 42 00:03:16,680 --> 00:03:20,039 Last night, twelve point five million barrels of oil went 43 00:03:20,080 --> 00:03:21,759 through the Strait of Horn Moves. That is a high 44 00:03:21,840 --> 00:03:25,039 since the beginning of the conflict. Oil prices are down 45 00:03:25,240 --> 00:03:27,639 nearly at their level from the pre war conflict. Gas 46 00:03:27,680 --> 00:03:31,000 prices drop below four dollars a gallon today for the 47 00:03:31,039 --> 00:03:33,599 first time since the conflict, and importantly, they're going to 48 00:03:33,719 --> 00:03:36,800 keep falling further given how low price low oil prices are. 49 00:03:37,560 --> 00:03:39,960 Speaker 1: So there's some numbers for us to chew on. Number one, 50 00:03:40,000 --> 00:03:43,680 I agree with him. Prices probably will go lower if 51 00:03:43,919 --> 00:03:48,479 everybody behaves, which is another whole part about this agreement 52 00:03:49,000 --> 00:03:51,759 is that Donald Trump will determine whether or not Iran 53 00:03:51,960 --> 00:03:57,840 is behaving. And that's that's very subjective. I mean, there's 54 00:03:57,960 --> 00:04:03,360 no objective measurement, all subjective depending upon if Donald Trump 55 00:04:03,400 --> 00:04:06,360 thinks a run is behavior or not. But let's go 56 00:04:06,400 --> 00:04:10,280 back to what Vance just said. He said that oil 57 00:04:10,319 --> 00:04:13,000 prices are about the same. They've been coming down, They're 58 00:04:13,000 --> 00:04:16,519 about the same, and I'm going no, Actually, oil prices 59 00:04:17,120 --> 00:04:20,279 were about sixty dollars. There were fifty eight to sixty two. 60 00:04:20,360 --> 00:04:25,199 Let's use sixty sixty dollars before the war started, and 61 00:04:25,279 --> 00:04:31,439 today they're at seventy seven, so that's they're still twenty 62 00:04:31,680 --> 00:04:37,360 eight percent above where we were back on February twenty eighth. 63 00:04:37,480 --> 00:04:40,279 As far as gas prices coming down, he says, it's 64 00:04:40,319 --> 00:04:44,759 coming down, yeah, it is, but gas prices are the 65 00:04:45,000 --> 00:04:50,319 average cheap stuff according to triple A three dollars and 66 00:04:50,480 --> 00:04:54,480 ninety nine point nine cents three point nine nine nine. 67 00:04:56,040 --> 00:05:00,000 In my math classes, I was told to round the face, 68 00:05:00,279 --> 00:05:05,759 so it's four bucks. But that is thirty four percent 69 00:05:05,879 --> 00:05:10,079 higher than where it was on the day that the 70 00:05:10,120 --> 00:05:17,199 war started, So well, I know it's still it's going 71 00:05:17,240 --> 00:05:19,439 to it's going the right direction. As far as the 72 00:05:19,519 --> 00:05:22,519 number of barrels that were shipped through the Gulf straight 73 00:05:22,560 --> 00:05:24,800 of horror moves last night, he said twelve and a 74 00:05:24,839 --> 00:05:27,639 half million barrels. That's the high mark, he said, I'll 75 00:05:27,639 --> 00:05:30,319 take his word on it. But before the war they 76 00:05:30,319 --> 00:05:33,759 were shipping roughly on average twenty million barrels, so that's 77 00:05:34,519 --> 00:05:39,839 still thirty seven percent gap there. So it's still gas 78 00:05:39,879 --> 00:05:43,959 price is thirty four percent higher, shipments of oil thirty 79 00:05:44,040 --> 00:05:50,639 seven percent lower. Number of the price of a barrel 80 00:05:50,680 --> 00:05:54,959 of oil is twenty eight percent higher, So that get 81 00:05:55,319 --> 00:05:57,399 I'm just trying to point out what the Vice president, 82 00:05:57,439 --> 00:06:00,000 he's trying to sell this thing. He's trying to say 83 00:06:00,360 --> 00:06:04,120 in the worst way. But I'm looking down the list 84 00:06:04,199 --> 00:06:10,680 of people that are not happy with this. Let's start 85 00:06:10,720 --> 00:06:12,759 off with the guy. We've used an awful lot. He's 86 00:06:12,800 --> 00:06:17,720 from the Carnegie Institute. His name is Kareem Sajipoor, and 87 00:06:17,839 --> 00:06:22,800 his analysis of He's well tied into Iranians. He knows 88 00:06:22,839 --> 00:06:25,160 what's going on over there, and this is his reaction. 89 00:06:25,879 --> 00:06:29,000 Speaker 3: I think I was much closer to an unconditional surrender 90 00:06:29,079 --> 00:06:33,720 by President Trump this document. If you read the fourteen points, 91 00:06:34,319 --> 00:06:37,800 at least nine or ten of them are favorable to Iran, 92 00:06:38,560 --> 00:06:41,920 perhaps three are neutral, and really only one is asking 93 00:06:42,000 --> 00:06:47,000 for a concession, a nuclear concession from Iran. My view, John, 94 00:06:47,040 --> 00:06:49,600 what happened here over the last four months was President 95 00:06:49,639 --> 00:06:53,000 Trump made a big gamble four months ago that American 96 00:06:53,040 --> 00:06:58,519 military action will either change the behavior of Iran's leaders 97 00:06:58,879 --> 00:07:02,480 or perhaps change the regime itself. And now the administration 98 00:07:02,639 --> 00:07:07,160 is making a different gamble that American inducements, American incentives 99 00:07:08,040 --> 00:07:14,240 may may bribe he runs revolutionary leaders into changing their 100 00:07:14,279 --> 00:07:18,480 long time identity. I'm also skeptical that this gambit is 101 00:07:18,519 --> 00:07:19,120 going to work. 102 00:07:19,399 --> 00:07:21,600 Speaker 1: Well. I'm not being critical, I think, but I think 103 00:07:22,360 --> 00:07:25,360 Kareem has hit the nail on the head. I said 104 00:07:25,360 --> 00:07:31,879 this yesterday. Donald Trump is a gambler, That's what That's 105 00:07:31,920 --> 00:07:34,839 how he made his money. Did he win all the time? 106 00:07:35,000 --> 00:07:37,800 No gambler wins one hundred percent of the time. Did 107 00:07:37,879 --> 00:07:42,680 Donald Trump do pretty well with his gambling? Yes? Did 108 00:07:42,759 --> 00:07:46,040 he well? He went bankrupts six times, his companies did 109 00:07:47,279 --> 00:07:49,879 because he took a gamble. It didn't work out. So 110 00:07:49,920 --> 00:07:53,199 it's not always He's a gambler and gamblers don't always win. 111 00:07:53,959 --> 00:07:56,240 And in this case, he's saying that Donald Trump took 112 00:07:56,279 --> 00:07:58,879 a gamble to get into this, and now he's taking 113 00:07:58,920 --> 00:08:04,079 a gamble that the Iranian regime will change. So, Kareem, 114 00:08:04,120 --> 00:08:07,720 what do you think about this memorandum of understanding. 115 00:08:08,399 --> 00:08:11,680 Speaker 3: Well, my reading of the MoU is it only said 116 00:08:11,759 --> 00:08:14,839 that the strait will be open for sixty days, and 117 00:08:14,879 --> 00:08:18,519 after sixty days there will be a discussion about Iran 118 00:08:18,600 --> 00:08:23,720 perhaps exercising administrative control over the Strait. That's certainly the 119 00:08:23,720 --> 00:08:28,959 Iranian takeaway from this mu They have already pocketed that concession. 120 00:08:29,000 --> 00:08:31,079 They believe that the strait of hormones is going to 121 00:08:31,120 --> 00:08:34,639 be under their administrative control, and it's going to be 122 00:08:35,039 --> 00:08:38,480 both a fixed revenue stream for the future in Iran 123 00:08:38,960 --> 00:08:43,840 and a source of deterrent deterrence to prevent and deter 124 00:08:44,039 --> 00:08:46,960 future American and Israeli action against iiron. 125 00:08:47,480 --> 00:08:51,320 Speaker 1: Yep, he's right that the MoU basically says that they 126 00:08:51,399 --> 00:08:54,879 will have free passage for the sixty days. So what 127 00:08:55,039 --> 00:08:58,200 happens at the end of sixty days. I'm I will 128 00:08:58,240 --> 00:09:00,000 bet you a large lunch of the drive up when 129 00:09:00,000 --> 00:09:03,159 you know that this thing falls apart before sixty days. 130 00:09:04,120 --> 00:09:05,960 All right, let's see who else we have on the 131 00:09:06,000 --> 00:09:11,840 list here? How about General H. R. McMaster, who was 132 00:09:12,440 --> 00:09:17,039 the initial national security advisor in Trump one point zero. 133 00:09:17,320 --> 00:09:20,679 Here's the general bill. It's a terrible deal. I mean, 134 00:09:20,720 --> 00:09:22,720 we have to wait to see like how it gets implemented. 135 00:09:22,960 --> 00:09:26,639 But just on its face, first of all, it acknowledges 136 00:09:26,720 --> 00:09:31,519 and the president's statement yesterday he acknowledged Iran's coersive power 137 00:09:31,639 --> 00:09:34,240 over the global economy because he said it never would 138 00:09:34,240 --> 00:09:37,039 have been opened. I guess he's saying that we could 139 00:09:37,120 --> 00:09:39,440 not have forced it open, which actually I don't agree 140 00:09:39,480 --> 00:09:41,879 with I mean, we could have forced it open, and 141 00:09:41,960 --> 00:09:45,200 I think we could have continued and maybe will still continue. 142 00:09:45,240 --> 00:09:49,039 We'll see Operation Economic Fury, which was really starving the 143 00:09:49,080 --> 00:09:52,039 regime of the cash flow it needs to survive, you know, 144 00:09:52,120 --> 00:09:55,000 to pay its armed forces, you know, to keep its 145 00:09:55,080 --> 00:09:59,639 tools of repression in place, and to strengthen his proxies 146 00:09:59,639 --> 00:10:02,360 across the region. If you remember the war aims. The 147 00:10:02,360 --> 00:10:04,679 war aims were certainly to block a Wren's path to 148 00:10:04,720 --> 00:10:06,600 the most destructive weapons on our two and queer weapon, 149 00:10:06,799 --> 00:10:08,399 but there were other war ams and one of those, 150 00:10:08,440 --> 00:10:11,360 stated very clearly by General Kane at the very beginning, 151 00:10:11,759 --> 00:10:14,759 was to destroy a rans ability to project power outside 152 00:10:14,919 --> 00:10:17,799 of its borders. And this has to do with the 153 00:10:17,840 --> 00:10:21,039 missile drone strike complex that not only poses a threat 154 00:10:21,080 --> 00:10:23,440 to traffic in the Persian Gulf and the Straight of Wormus, 155 00:10:23,759 --> 00:10:26,960 but really to the economic models of the Gulf states. 156 00:10:27,200 --> 00:10:31,440 And it gets to a rans ability to threaten Israel directly, 157 00:10:31,679 --> 00:10:33,120 you know, as it did in April on October of 158 00:10:33,159 --> 00:10:36,639 twenty twenty four then and then continued with periodic onslaughts 159 00:10:37,039 --> 00:10:40,559 during this during this campaign. So hey, Bill, I just 160 00:10:40,559 --> 00:10:42,799 think it's I think it's really bad. There are a 161 00:10:42,840 --> 00:10:44,159 number of things that are wrong with that. I think 162 00:10:44,159 --> 00:10:46,879 the first is that the regime is now declaring victory, 163 00:10:46,879 --> 00:10:48,399 as you showed on that clip, and I think they're 164 00:10:48,399 --> 00:10:50,399 in boldened in a lot of ways, even though they're 165 00:10:50,399 --> 00:10:54,080 in a position of really profound weakness at this moment. 166 00:10:54,440 --> 00:10:57,159 What I'm afraid of is that you know, the flow 167 00:10:57,240 --> 00:11:00,360 of Iranian oil again, and then if they do get 168 00:11:00,440 --> 00:11:03,639 sort of the release of funds, you know, associated with 169 00:11:03,679 --> 00:11:07,240 their frozen assets, this could be what like what President 170 00:11:07,240 --> 00:11:10,000 Obama did for the regime in twenty fifteen, which you know, 171 00:11:10,120 --> 00:11:12,519 pick them up off the mat at a time when 172 00:11:12,559 --> 00:11:14,759 they were really suffering from their own, you know, their 173 00:11:14,799 --> 00:11:18,840 own corruption and ineptitude of that government. So I could 174 00:11:18,879 --> 00:11:21,399 think we have to look to see how this is implemented. 175 00:11:21,679 --> 00:11:24,200 I think if we give them an infusion of cash, 176 00:11:24,279 --> 00:11:26,960 which is what they're desk before at the moment, we 177 00:11:27,080 --> 00:11:28,519 know what they're going to do with it, right, we 178 00:11:28,639 --> 00:11:31,080 know from history what they're going to do with it 179 00:11:31,120 --> 00:11:34,559 is they're going to reinvigorate their proxies in the region. 180 00:11:34,919 --> 00:11:37,159 One of the things about this deal really is I 181 00:11:37,159 --> 00:11:40,039 think super disappointing, is to give them a. 182 00:11:40,120 --> 00:11:43,879 Speaker 4: Say about what happens in Lebanon. Hey, Aran, you should 183 00:11:44,000 --> 00:11:46,720 have to say about anything app is a Lebanon, that's 184 00:11:46,720 --> 00:11:50,600 a sovereign country. By the way, that that's trying, you know, 185 00:11:50,679 --> 00:11:54,720 that is trying to disarm Hesball at the moment. 186 00:11:54,519 --> 00:11:59,480 Speaker 1: So General says, we had them on their economic back, 187 00:12:00,679 --> 00:12:04,360 they were ready to succumb, and instead we threw in 188 00:12:04,399 --> 00:12:09,360 the towel. Now, speaking about economics, the President yesterday was 189 00:12:09,399 --> 00:12:13,360 talking about the fact that he was worried about becoming 190 00:12:14,039 --> 00:12:18,360 like Herbert Hoover. Well, Herbert Hoover is blamed over and 191 00:12:18,399 --> 00:12:22,039 over again for the Great Depression. So what did he 192 00:12:22,120 --> 00:12:25,559 do well? President Trump said that he raised taxes and 193 00:12:25,759 --> 00:12:30,279 interest rates. Well he did. He did raise taxes a 194 00:12:30,320 --> 00:12:35,879 lot and interest rates. No, he did not. The big, 195 00:12:36,559 --> 00:12:41,279 big reason why the Great Depression it had already started. 196 00:12:41,679 --> 00:12:44,759 But what sent it right down the skids, made it 197 00:12:44,799 --> 00:12:49,120 even worse, was the Smooth Holly Bill. And President Hoover 198 00:12:49,360 --> 00:12:54,639 signed that thing, which was a massive increase in tariffs. 199 00:12:55,519 --> 00:13:00,720 Sound familiar, but again history is clear. Hoover ran these taxes, 200 00:13:01,080 --> 00:13:04,240 but he did not raise interest rates. He raised tariffs, 201 00:13:04,759 --> 00:13:08,600 massive new tariffs. So how is the economy are we 202 00:13:08,720 --> 00:13:12,559 worried about going into some sort of recession or depression? 203 00:13:13,120 --> 00:13:15,320 Steve More, the economist, weighs in. 204 00:13:15,399 --> 00:13:17,600 Speaker 5: I don't think we're headed to any kind of global depression. 205 00:13:17,679 --> 00:13:19,879 In fact, you know, the economy. The thing that's makes 206 00:13:19,960 --> 00:13:22,120 me das over the last three or four months, even 207 00:13:22,159 --> 00:13:25,679 with those high oil prices and gas prices, economy has 208 00:13:25,720 --> 00:13:30,279 been pretty durable and resilient. Well, look, every country is 209 00:13:30,279 --> 00:13:33,159 affected by high oil prices. I can't really say what 210 00:13:33,200 --> 00:13:34,480 was happening in the rest of the world, but I'm 211 00:13:34,480 --> 00:13:35,720 talking about the US. 212 00:13:35,919 --> 00:13:37,279 Speaker 1: We've been doing just fine. 213 00:13:37,360 --> 00:13:40,240 Speaker 5: And I'm going to make a prediction also that if 214 00:13:40,279 --> 00:13:43,279 this holds up and we see those oil prices fall 215 00:13:43,919 --> 00:13:46,039 like we're talking about, I think we're going to see 216 00:13:46,080 --> 00:13:47,399 a big boom in this country. 217 00:13:47,519 --> 00:13:51,480 Speaker 1: Yeah. So, Steve, who's a very big supporter of President Trump, 218 00:13:52,039 --> 00:13:54,240 I agree with him. I don't know what the President 219 00:13:54,320 --> 00:13:57,679 was talking about about some recession. We have a very 220 00:13:57,759 --> 00:14:01,879 good economy. It's moving long. The Federal Reserve yesterday came 221 00:14:01,919 --> 00:14:04,679 out from their meeting and said that we have a 222 00:14:04,720 --> 00:14:10,240 steady growth in our economy. So I don't know what 223 00:14:10,279 --> 00:14:14,399 the worry was on that front. The President stopped at 224 00:14:14,399 --> 00:14:16,799 an every where he went yesterday and he was on 225 00:14:16,879 --> 00:14:21,200 the on the airport apron at air Force one and 226 00:14:21,240 --> 00:14:23,679 he was read at I think he was in Geneva 227 00:14:23,759 --> 00:14:28,159 and he was asked about well, the sixty days is 228 00:14:28,200 --> 00:14:30,360 that hard and fast? I mean, at the end of 229 00:14:30,399 --> 00:14:33,720 sixty days, are we going back to war? What are 230 00:14:33,759 --> 00:14:37,120 you going to do? And also what about how long 231 00:14:37,200 --> 00:14:39,879 you keep the military there? Because the MoU says that 232 00:14:39,960 --> 00:14:42,919 you have to get them out of there's where's there? 233 00:14:43,039 --> 00:14:45,080 How do they have to get out? Well, this is 234 00:14:45,080 --> 00:14:46,080 what the president said. 235 00:14:46,399 --> 00:14:50,360 Speaker 6: You see the secret letal powery deadline for a final agreement. 236 00:14:50,559 --> 00:14:54,559 Speaker 1: No, I don't. Well, could take longer, you could extend, 237 00:14:54,679 --> 00:14:55,399 you could extend. 238 00:14:55,440 --> 00:14:55,919 Speaker 7: This fails. 239 00:14:56,440 --> 00:14:57,720 Speaker 1: I don't view it as hard though. 240 00:14:58,320 --> 00:14:59,799 Speaker 8: You don't think of it as a hard no line. 241 00:15:00,240 --> 00:15:02,559 Speaker 1: As long as they're behaving, I really don't care that much. 242 00:15:02,799 --> 00:15:05,440 Speaker 5: How long will you leave the US elitariat of the call? 243 00:15:05,600 --> 00:15:07,559 Speaker 1: It's a good question. We haven't thought of it. Were 244 00:15:07,600 --> 00:15:11,759 really probably a while. So the sixty days is not 245 00:15:11,840 --> 00:15:13,799 a hard and fast rule. And as far as how 246 00:15:13,799 --> 00:15:15,679 long are you going to leave the military, it says 247 00:15:15,679 --> 00:15:17,720 in the MOLU you're supposed to get everybody out of 248 00:15:17,840 --> 00:15:22,360 there wherever there is, that's why not well defined. And 249 00:15:22,399 --> 00:15:25,200 the fact that the President said, we haven't thought of it. 250 00:15:27,320 --> 00:15:30,879 You would think all of this would be well thought out, 251 00:15:31,679 --> 00:15:35,679 like before the war started. If, however, this come to 252 00:15:35,720 --> 00:15:37,159 a conclusion, how long are we going to leave the 253 00:15:37,200 --> 00:15:38,879 military there? I don't know. I haven't thought of it. 254 00:15:39,960 --> 00:15:45,519 I'm just blown away by some of these answers. A 255 00:15:45,639 --> 00:15:50,440 renowned CIA officer who spent a lot of time in 256 00:15:50,480 --> 00:15:52,720 the Middle East, he knows the Middle East, that's where 257 00:15:52,759 --> 00:15:55,720 he lived, that's where he did is clandestine work. His 258 00:15:55,840 --> 00:15:59,679 name is Mark Paul Moropolis, and he was asked, what 259 00:15:59,679 --> 00:16:01,240 do you of thing's going to happen? 260 00:16:01,600 --> 00:16:03,559 Speaker 9: So the Israelis I speak with are in a state 261 00:16:03,600 --> 00:16:05,840 of panic one form of missade. Officials said, literally, I 262 00:16:05,840 --> 00:16:08,159 can't believe this is happening. But in some ways they 263 00:16:08,159 --> 00:16:10,879 should have known better. And one analyst actually told me, look, 264 00:16:11,080 --> 00:16:14,720 you know, Benjaminyiaou decided to ride the tiger, that's Donald Trump, 265 00:16:14,759 --> 00:16:16,480 and the tigers just turned around and just bit him 266 00:16:16,480 --> 00:16:19,240 on the rear end. And like many of us predicted 267 00:16:19,360 --> 00:16:22,240 he would because Trump was no dedicated, you know, a saber. 268 00:16:22,360 --> 00:16:24,840 He was not the messiah for israelis too transactional. And 269 00:16:24,879 --> 00:16:27,480 let me just add one quick Let's not forget at 270 00:16:27,480 --> 00:16:29,639 the end of the Biden administration is to calculate what 271 00:16:29,759 --> 00:16:32,960 President Biden did after October seventh. He gave the israellies 272 00:16:33,000 --> 00:16:36,200 eighteen billion dollars in military aid, Yet somehow he is 273 00:16:36,240 --> 00:16:38,080 seen as not a supporter of Israel. 274 00:16:38,159 --> 00:16:39,080 Speaker 7: That was preposterous. 275 00:16:39,080 --> 00:16:41,360 Speaker 9: And right now I think the Israelis are realizing that 276 00:16:41,399 --> 00:16:44,360 Trump was not who they thought he was and that 277 00:16:44,440 --> 00:16:47,159 this MoU actually puts them in a very precarious national 278 00:16:47,200 --> 00:16:51,000 security situation, particularly in terms of ballistic missiles and what 279 00:16:51,080 --> 00:16:53,600 to do about his balla a terrorist entity sitting on 280 00:16:53,639 --> 00:16:54,399 their northern border. 281 00:16:54,960 --> 00:16:57,960 Speaker 1: I mean the missiles, the ballistic missiles that Iran has, 282 00:16:58,120 --> 00:17:00,360 and the estimates are all over the map. I've for 283 00:17:00,360 --> 00:17:03,720 forty percent of their inventory, they still have. I've heard 284 00:17:03,720 --> 00:17:07,160 as high as sixty percent. So we did not obliterate 285 00:17:07,319 --> 00:17:14,160 their ballistic missile supply. So they can reach at Tel Aviv, 286 00:17:14,200 --> 00:17:17,160 they can reach all of Israel with their ballistic missiles. 287 00:17:18,119 --> 00:17:21,160 So now, how long is it going to be before 288 00:17:21,240 --> 00:17:25,720 Iran starts throwing ballistic missiles into Israel? They really are 289 00:17:25,759 --> 00:17:28,839 on their own, So Israel. I know a lot of 290 00:17:28,880 --> 00:17:31,240 people have criticize the fact that we're there to be 291 00:17:31,319 --> 00:17:35,400 the big brother. Iran has always called us the great 292 00:17:35,440 --> 00:17:39,960 Satan and Israel the little Satan. But we're kind of 293 00:17:40,039 --> 00:17:43,559 joined at the hip in many ways. Rebecca Heinrich, she 294 00:17:43,920 --> 00:17:46,759 is with the Hudson Institute, She's a think tank person, 295 00:17:47,119 --> 00:17:50,160 she's been a specialist in the Middle East. I always 296 00:17:50,200 --> 00:17:52,640 thought I was on the same page with Rebecca because 297 00:17:53,480 --> 00:17:56,480 when the war broke out, on this program, I said, 298 00:17:56,680 --> 00:18:03,160 I support the president. Iran has been of serious danger 299 00:18:03,319 --> 00:18:07,039 to all of us waiting to happen, and what we 300 00:18:07,039 --> 00:18:10,640 were waiting to happen was a nuke bomb, so they 301 00:18:11,519 --> 00:18:13,599 had to be taken care of. But the problem is 302 00:18:13,680 --> 00:18:16,480 we were taking care of the problem, and the President 303 00:18:16,640 --> 00:18:21,759 stopped the military action. So I guess I'm guilty of 304 00:18:21,799 --> 00:18:26,200 being a big hawk. But we stopped something that we 305 00:18:26,319 --> 00:18:30,119 could have taken the regime out and put in a 306 00:18:30,160 --> 00:18:34,039 new regime. Let the people choose their next leaders, save 307 00:18:34,160 --> 00:18:37,720 the people of Iran, and have some peace in the 308 00:18:37,720 --> 00:18:40,960 Middle East. Here's Rebecca Well. 309 00:18:41,480 --> 00:18:44,160 Speaker 10: I think it wasn't necessary because I did support President 310 00:18:44,200 --> 00:18:47,799 Trump's economic fury, and I thought the blockade was working, 311 00:18:47,839 --> 00:18:50,759 and I thought Project Freedom was essentially getting shipped through 312 00:18:50,799 --> 00:18:53,039 the strait. But here we are, we're moving forward. President 313 00:18:53,039 --> 00:18:56,119 Trump has essentially prioritized opening the strait to deal with 314 00:18:56,160 --> 00:18:58,960 these other thorny issues later. The things that I'm worried 315 00:18:58,960 --> 00:19:01,079 about right now that much to be addressed in any 316 00:19:01,119 --> 00:19:04,920 final deal. Number One, if there's further sanctions relief, it 317 00:19:04,960 --> 00:19:06,640 has to be in an ESCRO account so that we 318 00:19:06,680 --> 00:19:08,680 can control it. Otherwise this is just going to go 319 00:19:08,680 --> 00:19:11,519 to the IRGC and they're going to rebuild. Number Two, 320 00:19:11,920 --> 00:19:14,960 I'm very concerned about this provision in the MoU about 321 00:19:14,960 --> 00:19:18,200 who controls the Strait of Hormuz. Right now, Iran is 322 00:19:18,240 --> 00:19:20,559 only obligated not to collect tolls for the first I 323 00:19:20,599 --> 00:19:23,720 think sixty days, but Iran can have no control over 324 00:19:23,759 --> 00:19:26,240 the strait. It certainly can't collect holes and simply just 325 00:19:26,279 --> 00:19:28,839 call it collecting fees. That to me would be a 326 00:19:28,880 --> 00:19:32,039 massive problem. And then I think the third one, of course, 327 00:19:32,079 --> 00:19:34,599 with the nuclear program, there is a concern that once 328 00:19:34,640 --> 00:19:37,519 you relieve let all of let Iran start buying oil 329 00:19:37,680 --> 00:19:40,119 selling oil now in the market, they're going to be enriched. 330 00:19:40,119 --> 00:19:41,960 We're not going to have the leverage to compel the 331 00:19:41,960 --> 00:19:44,920 Iranians to make progress on their nuclear program, So very 332 00:19:44,920 --> 00:19:47,759 concerned about that, and then a three hundred billion dollar investment. 333 00:19:47,920 --> 00:19:50,559 We don't want to rebuild a terrorist regime and the 334 00:19:50,599 --> 00:19:52,359 IERGC are the ones that are still in power. 335 00:19:52,680 --> 00:19:54,680 Speaker 1: Well, again, if you go back to the beginning, the 336 00:19:54,799 --> 00:19:57,720 question was about getting those ballistic missiles taken care of, 337 00:19:57,759 --> 00:20:01,319 because those were the what the idea was that they 338 00:20:01,319 --> 00:20:05,039 were able to fend off any attacks from Israel or 339 00:20:05,079 --> 00:20:09,359 from the United States if they had just a plethora 340 00:20:09,599 --> 00:20:13,240 of ballistic missiles to shoot, and that we wouldn't be 341 00:20:13,319 --> 00:20:16,359 able to get through that and to the nuclear bombs 342 00:20:16,359 --> 00:20:20,960 that they were creating. So that was I was all 343 00:20:21,039 --> 00:20:25,480 for that, but that's now scrap Well. 344 00:20:25,519 --> 00:20:27,519 Speaker 10: Look, I mean one of the great reasons I think 345 00:20:27,519 --> 00:20:29,759 that President Trump and Marco Rubio gave for going in 346 00:20:30,480 --> 00:20:33,039 for Epic Fury was that the Iranians were amassing a 347 00:20:33,079 --> 00:20:35,839 massive ballistic missile program that would act as a shield 348 00:20:35,920 --> 00:20:38,440 to prevent the United States from being able to target 349 00:20:38,480 --> 00:20:41,119 its illicit nuclear program. So I don't think that we 350 00:20:41,160 --> 00:20:43,680 should be defending the ballistic missile program at all. I'm 351 00:20:43,680 --> 00:20:47,559 glad that President Trump successfully with Epic fury destroyed a 352 00:20:47,759 --> 00:20:51,119 significant amount of their ballistic missile program. But we should bet. 353 00:20:51,200 --> 00:20:52,759 I mean, the Iranians are going to get back to 354 00:20:52,759 --> 00:20:54,640 a massing that program again. They're not going to be 355 00:20:54,680 --> 00:20:56,440 restrained to look to see what the Saudis and the 356 00:20:56,440 --> 00:20:59,160 Emirates are doing and say even with them, They're going 357 00:20:59,200 --> 00:21:01,599 to do what they can to exert influence over the 358 00:21:01,799 --> 00:21:05,720 entire region. Remember, the Iranians want hegemonic control over the 359 00:21:05,880 --> 00:21:06,640 entire Middle East. 360 00:21:06,880 --> 00:21:08,440 Speaker 7: That goal of Theirs has not changed. 361 00:21:08,640 --> 00:21:12,079 Speaker 1: So, Rebecca, is this is going to fall apart? Is 362 00:21:12,079 --> 00:21:13,119 this going to be a failure? 363 00:21:14,839 --> 00:21:16,519 Speaker 7: I certainly hope not. You know, I don't. 364 00:21:16,640 --> 00:21:19,279 Speaker 10: I'm rooting for this to succeed, but I do think 365 00:21:19,319 --> 00:21:21,279 that it would take a miracle. I mean, the Iranians 366 00:21:21,519 --> 00:21:24,799 have not given us any evidence that they have that 367 00:21:24,839 --> 00:21:26,799 they want to lay down their arms and have some 368 00:21:26,920 --> 00:21:30,039 kind of accommodation with the United States. I mean, even 369 00:21:30,079 --> 00:21:32,000 that rhetoric coming down of this, coming out of this 370 00:21:32,079 --> 00:21:36,640 regime now is still determined to avenge the United States 371 00:21:36,640 --> 00:21:39,119 and Israel for taking out their leaders, for taking out 372 00:21:39,119 --> 00:21:42,920 their military. And so I'm very concerned that the Iranians 373 00:21:42,960 --> 00:21:44,920 still want to assert what they believe is their right 374 00:21:45,000 --> 00:21:48,279 over control of twenty percent of the planet's oil energy 375 00:21:48,279 --> 00:21:50,799 flow through the Strait of Hormuse. And remember, they believe 376 00:21:50,799 --> 00:21:52,680 that we are the great Satan and that Israel is 377 00:21:52,720 --> 00:21:55,519 the little Satan. And they still fund Hesbela, and they're 378 00:21:55,599 --> 00:21:58,440 very defensive of Hesbela, which is still at war with Israel. 379 00:21:58,839 --> 00:22:03,680 So I I certainly I'm not optimistic, but I'm hopeful, 380 00:22:04,039 --> 00:22:06,519 but I am. I think it's good that President Trump 381 00:22:06,559 --> 00:22:08,160 contingentes to say that the United States is not going 382 00:22:08,200 --> 00:22:11,000 to pull any forces out of the region. Secretary Hegseth 383 00:22:11,079 --> 00:22:13,400 was saying that this morning that if the Iranians do 384 00:22:13,480 --> 00:22:16,039 not comply and do not cooperate, that the United States 385 00:22:16,039 --> 00:22:17,799 may be back to military activity. 386 00:22:18,079 --> 00:22:20,279 Speaker 1: Well, I'll be I'll be in the front of the 387 00:22:20,319 --> 00:22:22,759 line for those that will be shocked if we actually 388 00:22:22,839 --> 00:22:27,680 go back to military activity, especially the President doesn't want 389 00:22:27,720 --> 00:22:30,599 to use He brags about how big and strong our 390 00:22:30,599 --> 00:22:33,400 military is where he doesn't want to use him. And 391 00:22:33,480 --> 00:22:37,279 so while he stopped the military action seventy percent of 392 00:22:37,319 --> 00:22:41,440 the way on their mission that they had laid out 393 00:22:41,440 --> 00:22:45,279 and everybody agreed to, and he's had plenty of opportunity 394 00:22:45,319 --> 00:22:47,640 to strike up the band again when it comes to 395 00:22:47,640 --> 00:22:52,880 the military, and he has not. So throw in the 396 00:22:52,920 --> 00:22:57,160 fact that the midterms are in November. They're four and 397 00:22:57,200 --> 00:23:01,720 a half months away, and do you think the president 398 00:23:01,759 --> 00:23:05,400 would go ahead with kinetic action again and watch oil 399 00:23:05,720 --> 00:23:09,880 and gasoline prices go back up again right before an election. 400 00:23:10,400 --> 00:23:14,359 My biggest concern comes down to Iran is not a 401 00:23:14,359 --> 00:23:18,359 normal country. The regime are not normal people. They're evil people. 402 00:23:18,759 --> 00:23:22,279 They kill so many people, so many Americans, so many 403 00:23:22,279 --> 00:23:26,759 people around the world without hesitation. So I think someday, 404 00:23:26,839 --> 00:23:28,640 I think we just kick the can down the road. 405 00:23:28,720 --> 00:23:31,559 I think someday, And that's what I was worried about. 406 00:23:31,599 --> 00:23:34,319 That's why I supported the president and going after Iran 407 00:23:34,880 --> 00:23:37,839 is that someday they are going to have a missile 408 00:23:37,880 --> 00:23:41,960 that will reach us and they will use it, and 409 00:23:42,039 --> 00:23:44,720 someday there are going to be people that say, oh, 410 00:23:44,839 --> 00:23:48,160 we should have stopped them when we had the chance 411 00:23:48,240 --> 00:23:52,200 back in twenty twenty six. I hope I'm wrong, but 412 00:23:52,359 --> 00:23:55,759 I can see the history books right in this one. 413 00:23:56,559 --> 00:23:58,960 So let's talk about the Supreme Court, because here we 414 00:23:59,000 --> 00:24:02,200 are in June, and usually by now they've unveiled most 415 00:24:02,240 --> 00:24:05,640 of their decisions. But they they had a couple of 416 00:24:05,680 --> 00:24:10,440 them today. One of them was a gun rights case. 417 00:24:11,079 --> 00:24:14,240 It was a gentleman by the name of Ali Hamani, 418 00:24:15,119 --> 00:24:18,480 and he was charged with knowingly possessing a gun in 419 00:24:18,599 --> 00:24:25,160 his home while being an unlawful user of a controlled substance, 420 00:24:25,240 --> 00:24:31,079 namely marijuana, which the court said is inconsistent with the 421 00:24:31,079 --> 00:24:35,279 Second Amendment. The Second Amendment rules, and so it was 422 00:24:35,599 --> 00:24:38,519 nine to nothing. We talked about how the justices fight 423 00:24:38,559 --> 00:24:42,119 with each other. Mostly they don't, some big cases they do. 424 00:24:42,240 --> 00:24:44,720 But this was nine to nothing. The opinion written by 425 00:24:44,759 --> 00:24:50,960 Neil Gorsich, with Justice Thomas writing a concurring opinion that 426 00:24:51,799 --> 00:24:58,119 again Sky had marijuana and where he lived it was illegal. 427 00:24:58,279 --> 00:25:00,160 And they said, well, yeah, but he still had has 428 00:25:00,200 --> 00:25:03,880 the right to possess a gun in his home. Shannon 429 00:25:04,119 --> 00:25:05,519 Bream ways in. 430 00:25:05,720 --> 00:25:06,640 Speaker 7: Great to be with you guys. 431 00:25:06,680 --> 00:25:09,440 Speaker 11: Okay, so we have about twenty outstanding opinions, eight that 432 00:25:09,480 --> 00:25:11,640 were on our watch list. We did get one this morning, 433 00:25:11,640 --> 00:25:13,200 and it's one of the gun cases, and it was 434 00:25:13,240 --> 00:25:16,359 what or not you could go after someone who you 435 00:25:16,480 --> 00:25:20,000 discovered was an habitual drug user, in this case marijuana, 436 00:25:20,400 --> 00:25:24,039 and that disqualify them from owning or possessing a gun. 437 00:25:24,480 --> 00:25:26,880 The court has got a unanimous opinion. Essentially, there are 438 00:25:26,880 --> 00:25:29,920 all kinds of factions and concurrences, but nobody's dissenting here 439 00:25:30,200 --> 00:25:32,960 saying that the prosecution of this individual, or going after 440 00:25:33,039 --> 00:25:36,680 this individual based on his drug usage and gun ownership 441 00:25:36,759 --> 00:25:38,240 violates this second Amendment. 442 00:25:38,279 --> 00:25:39,440 Speaker 7: Now, it may be very. 443 00:25:39,440 --> 00:25:42,640 Speaker 11: Fact specific to this particular case, but that is the 444 00:25:42,640 --> 00:25:44,640 first of the gun cases. There's another one we're waiting 445 00:25:44,640 --> 00:25:47,000 on as well, so we may often the court will 446 00:25:47,039 --> 00:25:49,480 pair up decisions, so we make it the other gun 447 00:25:49,519 --> 00:25:51,799 case we're dealing with, which with has to deal with 448 00:25:51,839 --> 00:25:56,559 concealed carry specifically in Hawaii. But we're waiting on birthright citizenship, 449 00:25:56,599 --> 00:25:59,960 we're waiting on when the count for ballots has to 450 00:26:00,079 --> 00:26:04,200 and after election day. We're waiting on transports and whether 451 00:26:04,240 --> 00:26:06,759 you can say that biologically born males can't be in 452 00:26:06,799 --> 00:26:09,279 girls' sports at the collegiate and high school level. So 453 00:26:09,640 --> 00:26:11,599 those opinions are still coming in right now. But that 454 00:26:11,680 --> 00:26:13,720 first gun case is the one and it's on our 455 00:26:13,759 --> 00:26:16,559 watch list. So nineteen cases to go, guys. 456 00:26:16,880 --> 00:26:20,400 Speaker 1: The next date that they are scheduled to issue opinions 457 00:26:20,440 --> 00:26:23,400 will be next Tuesday, So we'll wait and see what 458 00:26:23,440 --> 00:26:27,319 they have to do with each other. The group that 459 00:26:27,440 --> 00:26:29,680 was arrested, well not all of them have been the 460 00:26:29,680 --> 00:26:32,799 group that was arrested for an attempt to attack the 461 00:26:32,839 --> 00:26:36,079 White House South Lawn at the UFC event on the 462 00:26:36,079 --> 00:26:41,000 south lawn of the White House last Sunday, that five 463 00:26:41,079 --> 00:26:43,559 have been arrested. They're out looking for the others. There 464 00:26:43,599 --> 00:26:46,799 was a group chat or these people were planning to 465 00:26:47,039 --> 00:26:52,880 use drones, explosives, guns, a variety of things to try 466 00:26:52,920 --> 00:26:55,880 to kill as many people as they can't they could. 467 00:26:56,119 --> 00:26:59,839 That was in some of the communications, and so Donna Rotuno, 468 00:27:00,039 --> 00:27:02,960 a big defense lawyer, has the latest on this. 469 00:27:03,680 --> 00:27:03,880 Speaker 8: Well. 470 00:27:03,920 --> 00:27:06,400 Speaker 6: Obviously it's quite scary that this is something that could 471 00:27:06,440 --> 00:27:09,279 have happened on such a big stage, and thankfully our 472 00:27:09,319 --> 00:27:12,160 government was able to intercept what was happening and thwart 473 00:27:12,200 --> 00:27:15,519 this awful plan. It is very interesting to see how 474 00:27:15,519 --> 00:27:18,079 this is happening all over the United States, and Judge 475 00:27:18,160 --> 00:27:22,240 Jenine is correct. Without any actual action taking place in DC, 476 00:27:22,400 --> 00:27:23,640 they would not have jurisdiction. 477 00:27:24,000 --> 00:27:25,440 Speaker 7: So it's these other states that. 478 00:27:25,400 --> 00:27:27,720 Speaker 6: Will come in and the federal agencies out of those 479 00:27:27,720 --> 00:27:30,839 states that will take care of the prosecutions of these cases. 480 00:27:30,880 --> 00:27:34,160 I expect that all of these judges will keep these 481 00:27:34,160 --> 00:27:36,440 people in custody. I can't imagine that they will let 482 00:27:36,480 --> 00:27:38,440 them out and put them in a situation where they 483 00:27:38,440 --> 00:27:42,440 can be electronically speaking to others. Again, I do hope 484 00:27:42,480 --> 00:27:44,920 that they're able to find and communicate with the others 485 00:27:44,920 --> 00:27:45,960 that were involved in this. 486 00:27:46,000 --> 00:27:48,240 Speaker 7: I mean, this could have been a. 487 00:27:48,359 --> 00:27:51,799 Speaker 6: Very catastrophic event taking place in DC last weekend. 488 00:27:52,240 --> 00:27:55,839 Speaker 1: So apparently the ringleader behind this is a young man 489 00:27:55,920 --> 00:28:00,079 who falls under the DOCA rules. He was brought in 490 00:28:00,119 --> 00:28:04,759 to this country by his parents when he was a child, 491 00:28:05,039 --> 00:28:09,519 so he doesn't know he's from Mexico. He doesn't know Mexico. 492 00:28:09,599 --> 00:28:11,920 He well, he lived there when he was an infant. 493 00:28:12,480 --> 00:28:14,440 So he's one of those where you look and you go, 494 00:28:14,480 --> 00:28:16,960 give this guy a chance. But they have to qualify 495 00:28:17,599 --> 00:28:20,359 for how many are they going to school, do they 496 00:28:20,359 --> 00:28:21,920 have a job, A lot of those sorts of things. 497 00:28:21,960 --> 00:28:24,920 So I don't know if he currently qualifies. But this 498 00:28:25,079 --> 00:28:28,519 obviously is a bad apple in that group, and he 499 00:28:30,039 --> 00:28:33,559 has been arrested. But Donna brought up the fact that 500 00:28:33,599 --> 00:28:38,680 it's a good thing the government intervened. No, the government 501 00:28:39,279 --> 00:28:43,440 never caught this. There was no clue that the government went, ahah, 502 00:28:43,920 --> 00:28:45,839 We're going to run in and catch him. No, a 503 00:28:46,000 --> 00:28:50,160 mother of one of the guys who's been arrested lives 504 00:28:50,200 --> 00:28:52,799 in Ohio and saw what her son was up to, 505 00:28:53,240 --> 00:28:56,039 asked him about it. She found out what they were 506 00:28:56,039 --> 00:29:00,160 going to do, and she called the local police at 507 00:28:59,519 --> 00:29:03,720 the least call the FBI. So I'd love to give 508 00:29:03,759 --> 00:29:08,240 credit to some government law enforcement agency, but this was 509 00:29:08,279 --> 00:29:12,000 a mom who turned in her son. It wasn't because 510 00:29:12,359 --> 00:29:17,640 of anybody monitoring the internet or phones or anything like that. 511 00:29:18,039 --> 00:29:21,720 So now the question is, since this guy is a 512 00:29:21,920 --> 00:29:26,759 daka kid, a dreamer, what will happen to him? 513 00:29:26,799 --> 00:29:29,400 Speaker 6: And I think that really goes to the bigger conversation 514 00:29:29,480 --> 00:29:32,119 and why President Trump was elected in the first place. 515 00:29:32,160 --> 00:29:34,599 I mean, this was a situation where, you know, here's 516 00:29:34,599 --> 00:29:37,720 somebody who has the ability to be here even though 517 00:29:37,759 --> 00:29:41,480 he was not properly born here and didn't have the 518 00:29:41,559 --> 00:29:44,559 right citizenship, but he was granted this ability to stay here. 519 00:29:44,799 --> 00:29:47,119 Speaker 7: And then when we allow him that right, look at 520 00:29:47,160 --> 00:29:47,759 what happened. 521 00:29:47,799 --> 00:29:50,440 Speaker 6: So I think that this goes to the bigger conversation 522 00:29:50,559 --> 00:29:53,599 and really shows that the Trump policies of trying to 523 00:29:53,680 --> 00:29:55,839 remove people that should not be. 524 00:29:55,839 --> 00:29:57,319 Speaker 7: Here are quite important. 525 00:29:57,359 --> 00:30:00,359 Speaker 6: I mean, look, most people involved in this think have 526 00:30:01,000 --> 00:30:03,960 ties to circumstances like this, and it really goes to 527 00:30:04,000 --> 00:30:06,559 show that people that sometimes claim they want. 528 00:30:06,400 --> 00:30:07,880 Speaker 7: To be here do not want to be here for 529 00:30:07,920 --> 00:30:08,680 the right reasons. 530 00:30:09,039 --> 00:30:11,920 Speaker 1: Okay, one more for you today We've got I saw 531 00:30:12,000 --> 00:30:17,720 Bernie Bernie Sanders being interviewed about AI, and I thought 532 00:30:17,759 --> 00:30:19,759 I should play this for you. For those of you 533 00:30:19,839 --> 00:30:23,160 that are Bernie Sanders fans, I'm sure you're probably going, yeah, 534 00:30:23,279 --> 00:30:27,319 this guy's this, this guy's got the number wired. I'm 535 00:30:27,319 --> 00:30:31,720 looking at it and going, what a selfish man. Somebody 536 00:30:31,759 --> 00:30:35,880 else has the skill and the talent to create artificial 537 00:30:36,000 --> 00:30:41,160 intelligence and build it and form a company to sell it. 538 00:30:41,880 --> 00:30:45,680 And Bernie's going, you have, but you're making all that money? 539 00:30:45,720 --> 00:30:50,240 What about? What about us? What about me? I can't 540 00:30:50,240 --> 00:30:53,240 believe how selfish he is. But listen, listen to his 541 00:30:53,400 --> 00:30:58,200 attitude about he wants half of the profits on AI 542 00:30:59,039 --> 00:31:02,519 because well, let him explain, all. 543 00:31:02,480 --> 00:31:07,519 Speaker 8: Right, AI is the most transformative technology in the history 544 00:31:07,559 --> 00:31:11,440 of humanity. It's going to impact every man, woman, and child. 545 00:31:12,039 --> 00:31:14,599 Right now it is being owned and pushed by the 546 00:31:14,599 --> 00:31:19,680 wealthiest people in the world. Mister Bezos are Zuckerberg, Ellison 547 00:31:19,799 --> 00:31:23,480 and others. Their goal is simply more wealth and more power. 548 00:31:24,759 --> 00:31:29,000 My own view is that given the fact that the 549 00:31:29,119 --> 00:31:34,400 foundation of AI is based on human knowledge, they've accumulated 550 00:31:34,480 --> 00:31:39,559 all of human knowledge that humanity must play and people 551 00:31:39,640 --> 00:31:42,519 in America must play a vital role in the future 552 00:31:42,519 --> 00:31:42,960 of AI. 553 00:31:43,359 --> 00:31:44,119 Speaker 1: What does that mean. 554 00:31:44,240 --> 00:31:47,880 Speaker 8: It means that the public should have fifty percent of 555 00:31:47,920 --> 00:31:52,559 the seats on the major AI companies in order to 556 00:31:52,640 --> 00:31:56,920 prevent bad things from happening. You talked about mass unemployment. 557 00:31:56,960 --> 00:31:59,960 It is quite possible that over the next decade, ten 558 00:32:00,119 --> 00:32:02,200 of millions of jobs will be lost. I want to 559 00:32:02,200 --> 00:32:05,880 see the public on that board of those companies saying, sorry, 560 00:32:05,880 --> 00:32:07,799 you know you can't do that. We're talking about the 561 00:32:07,839 --> 00:32:12,839 evisceration of privacy rights. We're talking about democracy being endangered. 562 00:32:13,079 --> 00:32:15,880 You got deep fakes right there. We've got people looking 563 00:32:15,960 --> 00:32:19,440 like Bernie Sanders saying things that we never said. How 564 00:32:19,519 --> 00:32:22,640 do you deal with that? You're looking at the mental 565 00:32:22,680 --> 00:32:26,839 health of our kids. You're looking at an existential threat 566 00:32:26,880 --> 00:32:30,920 that if AI becomes independent of human control, as they 567 00:32:30,960 --> 00:32:34,359 become smarter than humans, there could be a cataclysmic impact 568 00:32:34,680 --> 00:32:37,160 on humanity. You got all this stuff and more that's 569 00:32:37,160 --> 00:32:39,400 out there. So what we are saying, given the fact 570 00:32:39,440 --> 00:32:43,559 that human beings Americans helped build AI, we deserved a 571 00:32:43,960 --> 00:32:47,400 to be able to stop bad things from happening, and 572 00:32:47,559 --> 00:32:52,279 b with fifty percent ownership less financially gain from the 573 00:32:52,319 --> 00:32:56,920 profits that AI may well create. Now we're talking about 574 00:32:56,960 --> 00:32:59,839 for a start of five percent every year, the fund, 575 00:33:00,000 --> 00:33:03,799 which we estimate right now would be about seven trillion dollars. 576 00:33:04,160 --> 00:33:06,519 Five percent of that would be go use for direct 577 00:33:06,519 --> 00:33:09,519 dividends every man, woman, and child, whose country starting the 578 00:33:09,519 --> 00:33:13,000 beginning to be about one thousand dollars per person per year. 579 00:33:13,440 --> 00:33:17,319 If AI is as valuable and grows as quickly as 580 00:33:17,319 --> 00:33:20,000 people think it might, that number will go up. In addition, 581 00:33:20,319 --> 00:33:23,599 you'll have a large amount of money available that make 582 00:33:23,640 --> 00:33:26,079 sure that in America, every maned, woman, and child does 583 00:33:26,119 --> 00:33:29,599 healthcare as a human right, that we improve the educational opportunities, 584 00:33:29,640 --> 00:33:32,359 we build a housing that we need. So bottom line 585 00:33:32,400 --> 00:33:36,279 here is we cannot allow AI just to be used 586 00:33:36,319 --> 00:33:39,480 to benefit the very richest people in the world. It 587 00:33:39,480 --> 00:33:41,759 has got to be used to benefit all of us. 588 00:33:42,000 --> 00:33:44,400 Speaker 1: Well, I got to give him guts. I mean, he's 589 00:33:44,440 --> 00:33:50,960 asking basically, a hey, give me money, I'm thinking, well, shouldn't 590 00:33:50,960 --> 00:33:54,759 we all Thomas Edison invented the light bulb. But I'll 591 00:33:54,759 --> 00:33:57,880 bet you Edison made a lot of money on that. 592 00:33:58,599 --> 00:34:01,160 I'm not sure anybody in my family made money on. 593 00:34:01,359 --> 00:34:04,559 How about Henry Ford when he came up with the 594 00:34:04,559 --> 00:34:07,400 Ford Model A or Model T or whatever it was. 595 00:34:08,119 --> 00:34:11,039 I mean, there's all kinds of inventions, there's all kinds 596 00:34:11,039 --> 00:34:18,280 of of industrial revolutions, and we're in the information revolution, 597 00:34:18,480 --> 00:34:22,920 all of these companies. I don't know how I can 598 00:34:22,920 --> 00:34:24,480 put my hand up. But the other part about it 599 00:34:24,559 --> 00:34:26,960 was which surprised me, was he said, well, you're going 600 00:34:27,000 --> 00:34:29,679 to have a seven trillion dollar fun and you're going 601 00:34:29,760 --> 00:34:32,599 to get one thousand dollars a year, and that is 602 00:34:32,599 --> 00:34:37,960 supposed to somehow pay for your education, your children's education, 603 00:34:38,760 --> 00:34:43,000 your housing. What else did he say he had he 604 00:34:43,079 --> 00:34:46,880 had wanted he wanted AI companies to pay or everything. 605 00:34:46,920 --> 00:34:50,639 You talk about socialism, but you know he would be 606 00:34:50,719 --> 00:34:52,880 in the front of the line getting the biggest chunk 607 00:34:52,920 --> 00:34:56,079 of It's not going to happen, But Bernie, I wanted 608 00:34:56,079 --> 00:34:59,599 to plan it because I just think he's crazy. He's absolute. 609 00:34:59,639 --> 00:35:02,679 I don't know how your brain can come up with 610 00:35:02,880 --> 00:35:06,599 that unless he's just larceny of trying to get his 611 00:35:06,800 --> 00:35:12,159 piece of the pie. He did nothing to contribute to AI, 612 00:35:12,480 --> 00:35:16,360 to chat, GPT or to clod or to anthropic any 613 00:35:16,400 --> 00:35:21,119 of that, but he wants he wants a slice. Greedy guy, 614 00:35:21,239 --> 00:35:27,760 isn't he? Speaking of greed? Jeez, Let's take a look 615 00:35:27,800 --> 00:35:31,480 at Wall Street today, Tyler, they're all Rodger greedy. I 616 00:35:31,480 --> 00:35:34,920 guess they weren't that greedy today. Now, the market was 617 00:35:35,000 --> 00:35:39,519 up measured by the Dow, it was up seventy two points. 618 00:35:39,920 --> 00:35:43,639 That's it at fifty one thousand and five sixty four 619 00:35:43,760 --> 00:35:47,840 the s and p up eighty the Nasdaq. Oh, I 620 00:35:47,880 --> 00:35:52,280 bet you that's those technology and AI companies. Yeah, they 621 00:35:54,400 --> 00:35:58,360 they went up four hundred ninety six points on the Nasdaq. Oh, 622 00:35:58,400 --> 00:36:02,239 by the way, excitement about SpaceX a couple of days ago, 623 00:36:02,320 --> 00:36:05,960 well it's now two days in a row in which 624 00:36:06,159 --> 00:36:13,440 the average post IPO buyer of space X is probably underwater. 625 00:36:13,599 --> 00:36:18,960 After a two day slide, it fell three and a 626 00:36:18,960 --> 00:36:21,559 half percent today, down to just under one hundred and 627 00:36:21,559 --> 00:36:25,760 eighty five dollars. And speaking of stocks, today, today is 628 00:36:25,760 --> 00:36:29,480 triple witching day, which is where you get the index 629 00:36:29,599 --> 00:36:32,840 and options and all of that'll all come due usually 630 00:36:32,920 --> 00:36:35,920 on the third Friday of the month, but because tomorrow 631 00:36:36,119 --> 00:36:38,880 the stock markets are closed because of the federal holiday 632 00:36:39,000 --> 00:36:45,280 is Juneteenth tomorrow, so a lot of volume happens on 633 00:36:45,360 --> 00:36:49,559 Triple Witching Day, and that is kind of added to 634 00:36:49,679 --> 00:36:53,880 some of the dynamics today. Price of gold down one 635 00:36:54,000 --> 00:36:56,800 hundred and forty three down to four thousand and two 636 00:36:56,960 --> 00:37:01,400 thirty seven, and oil down a little down, just a 637 00:37:01,440 --> 00:37:04,960 couple of pennies down to just under seventy seven dollars 638 00:37:05,480 --> 00:37:08,480 for one barrel of oil. That's it for today. Thank 639 00:37:08,519 --> 00:37:11,039 you for coming by. We will be back again. Yeah, 640 00:37:11,079 --> 00:37:13,760 I know it's a federal holiday. We're working tomorrow. I 641 00:37:13,800 --> 00:37:16,239 hope to see you then, to see you then