1 00:00:00,680 --> 00:00:05,320 Speaker 1: Well, well, well look who shows up again, Michael and Dragon. 2 00:00:05,400 --> 00:00:08,200 Speaker 1: I hope you had a lovely Christmas and a happy 3 00:00:08,280 --> 00:00:11,160 Speaker 1: New Year. It's time for you guys to get back 4 00:00:11,200 --> 00:00:15,440 Speaker 1: to work. Gosh, and there have been any events happening 5 00:00:15,560 --> 00:00:18,760 Speaker 1: the last two weeks, and we should talk about. 6 00:00:19,520 --> 00:00:26,800 Speaker 2: Yeah, quiet quiet, So the last hour we, by the way, 7 00:00:27,640 --> 00:00:30,760 Speaker 2: should remind them of what I can't reload. Is that 8 00:00:30,920 --> 00:00:34,159 Speaker 2: the word reloaded, Michael brow reload, the situation reloaded. Yeh, 9 00:00:34,200 --> 00:00:37,120 Speaker 2: the situation reloaded. Yeah, okay, So that's what they're going 10 00:00:37,200 --> 00:00:41,200 Speaker 2: to air. The first two hours of this program will 11 00:00:41,200 --> 00:00:43,880 Speaker 2: now also air on six point thirty k H O 12 00:00:44,240 --> 00:00:48,560 Speaker 2: w H from two to four pm. Correct, okay, KH 13 00:00:48,680 --> 00:00:52,879 Speaker 2: zero w KH zero w okay. Well that's if I 14 00:00:52,880 --> 00:00:56,000 Speaker 2: can say. If I can say w, you can say zero. 15 00:00:56,360 --> 00:01:01,880 Speaker 3: Bod the time k how old kaw poor olka? How 16 00:01:01,960 --> 00:01:02,400 Speaker 3: Over there? 17 00:01:04,840 --> 00:01:10,760 Speaker 2: First hour we talked about the legality. I'm really amazed. 18 00:01:12,400 --> 00:01:16,920 Speaker 3: People that claim that. 19 00:01:15,400 --> 00:01:21,160 Speaker 2: This arrest of Maduro, and I think that's the appropriate word, 20 00:01:22,000 --> 00:01:25,120 Speaker 2: is somehow illegal. I think there are a bunch of 21 00:01:25,120 --> 00:01:33,000 Speaker 2: amateur lawyers that don't really understand the constitution. For that matter, 22 00:01:33,280 --> 00:01:38,319 Speaker 2: decisions that have interpreted the Constitution international law and the 23 00:01:38,360 --> 00:01:42,920 Speaker 2: statues of the governor extra territorial jurisdiction, and I think 24 00:01:42,959 --> 00:01:46,480 Speaker 2: they're letting their Trump derangement syndrome kind of interfere with 25 00:01:46,760 --> 00:01:54,000 Speaker 2: their objectivity. You may not like what we did because 26 00:01:54,160 --> 00:01:59,000 Speaker 2: it is a symbol of America's power, it is a 27 00:01:59,040 --> 00:02:02,840 Speaker 2: symbol of our influence in the world, and it was 28 00:02:03,000 --> 00:02:08,360 Speaker 2: done legally. Well, don't conflate your dislike of us being 29 00:02:08,360 --> 00:02:15,720 Speaker 2: a superpower with the legalities. The legalities are very well established. 30 00:02:16,680 --> 00:02:20,760 Speaker 2: But let's do think about the international or the geopolitical 31 00:02:20,840 --> 00:02:24,680 Speaker 2: ramifications of what took place, because I think to ignore 32 00:02:24,800 --> 00:02:30,880 Speaker 2: that is to ignore the well, it's to create a 33 00:02:30,960 --> 00:02:35,960 Speaker 2: vacuum in which Democrats and some Republicans will step into 34 00:02:35,960 --> 00:02:39,160 Speaker 2: that vacuum and they will try to do it to 35 00:02:39,200 --> 00:02:47,280 Speaker 2: delegitimize this president and in particular delegitimize this operation. I 36 00:02:47,320 --> 00:02:49,960 Speaker 2: don't remember whether it was before Christmas or I know 37 00:02:50,040 --> 00:02:54,200 Speaker 2: it to some degree I did past Saturday. I've talked 38 00:02:54,200 --> 00:03:00,440 Speaker 2: about how Trump is in the mode of realigning the 39 00:03:01,000 --> 00:03:06,880 Speaker 2: world order and putting America first, and putting America at 40 00:03:06,919 --> 00:03:12,359 Speaker 2: the forefront of our superpowers and our ability to influence 41 00:03:12,800 --> 00:03:16,840 Speaker 2: world affairs. That does not necessarily mean regime change. That 42 00:03:16,919 --> 00:03:19,840 Speaker 2: does not necessarily mean that we intervene in other countries. 43 00:03:20,440 --> 00:03:25,280 Speaker 2: It simply means that we're going to use power to 44 00:03:25,400 --> 00:03:30,240 Speaker 2: keep America first and to keep our interests at the top. 45 00:03:32,760 --> 00:03:35,600 Speaker 2: You know, one time I served as a board member 46 00:03:35,640 --> 00:03:40,040 Speaker 2: of the Theodore Roosevelt Association, located in Oyster Bay, New York, 47 00:03:41,280 --> 00:03:46,320 Speaker 2: and I was honored to serve on the board of 48 00:03:46,360 --> 00:03:53,640 Speaker 2: directors because I have a outsized appreciation and love the 49 00:03:53,640 --> 00:04:00,080 Speaker 2: Theodore Roosevelt, even though he was a progressive Republican and 50 00:04:00,200 --> 00:04:03,680 Speaker 2: many things that I disagreed with. It shows that you 51 00:04:03,760 --> 00:04:05,640 Speaker 2: can although I don't think we can do it in 52 00:04:05,680 --> 00:04:07,960 Speaker 2: twenty twenty six, but I think we should be able 53 00:04:07,960 --> 00:04:10,320 Speaker 2: to do it, that you can have disagreement with certain 54 00:04:10,360 --> 00:04:11,720 Speaker 2: aspects of someone's. 55 00:04:11,400 --> 00:04:14,000 Speaker 3: Politics and still admire that individual. 56 00:04:17,560 --> 00:04:21,280 Speaker 2: On December sixth, in his State of the Union address, 57 00:04:22,160 --> 00:04:27,279 Speaker 2: Theodore Roosevelt said this, No there was any television I 58 00:04:27,279 --> 00:04:28,640 Speaker 2: can't find any sound bites of it. 59 00:04:30,480 --> 00:04:30,919 Speaker 3: He said. 60 00:04:31,760 --> 00:04:38,200 Speaker 2: Chronic wrongdoing or an impotence which results in a general 61 00:04:38,279 --> 00:04:42,240 Speaker 2: loosening of the ties of civilized society, may in America 62 00:04:42,320 --> 00:04:49,560 Speaker 2: as elsewhere, ultimately require intervention by some civilized nation and 63 00:04:49,680 --> 00:04:53,120 Speaker 2: in the Western hemisphere that's where we live. And in 64 00:04:53,160 --> 00:04:57,240 Speaker 2: the Western Hemisphere, the adherents of the United States to 65 00:04:57,360 --> 00:05:01,760 Speaker 2: the Monroe Doctrine may force the the United States, however, 66 00:05:01,839 --> 00:05:07,599 Speaker 2: reluctantly in flagrant cases of such wrongdoing or impotence to 67 00:05:08,120 --> 00:05:14,560 Speaker 2: the exercise of an international police power. Oh, that was 68 00:05:14,800 --> 00:05:19,080 Speaker 2: Theodore Roosevelt. He's on Mount Rushmore, one of the most 69 00:05:19,120 --> 00:05:27,000 Speaker 2: admired presidents of American history. Now there's a I would 70 00:05:27,000 --> 00:05:32,840 Speaker 2: call that the Roosevelt the tr corollary to the Monroe Doctrine. 71 00:05:33,920 --> 00:05:37,000 Speaker 2: But there's also a Trump corollary to the Monroe Doctrine. 72 00:05:37,720 --> 00:05:40,320 Speaker 2: And that was given to us and we talked about 73 00:05:40,320 --> 00:05:44,760 Speaker 2: this extensively when it came out. And that's the twenty 74 00:05:44,839 --> 00:05:50,400 Speaker 2: twenty five National Security Strategy strategy that was published in 75 00:05:50,440 --> 00:05:53,479 Speaker 2: November of twenty twenty five. You can find it on 76 00:05:53,520 --> 00:05:58,120 Speaker 2: the podcast just your search for the National Security Strategy topic. 77 00:05:59,600 --> 00:06:06,120 Speaker 2: In a National Security Strategy, they write this, after years 78 00:06:06,120 --> 00:06:10,000 Speaker 2: of neglect, the United States will reassert and enforce the 79 00:06:10,080 --> 00:06:14,040 Speaker 2: Monroe Doctrine to restore American pre eminence in the Western 80 00:06:14,080 --> 00:06:18,400 Speaker 2: Hemisphere and to protect our homeland and our access to 81 00:06:18,560 --> 00:06:24,440 Speaker 2: key geographies throughout the region. We will deny non hemispheric 82 00:06:24,520 --> 00:06:30,440 Speaker 2: competitors the ability to position forces or other threatening capabilities 83 00:06:31,240 --> 00:06:42,440 Speaker 2: or to owner control strategically vital assets in our hemisphere. Russia, Iran, China, 84 00:06:42,839 --> 00:06:48,159 Speaker 2: we see what you are doing throughout South America, in Cuba, 85 00:06:49,000 --> 00:06:51,320 Speaker 2: what you're trying to do in this country, what you're 86 00:06:51,360 --> 00:06:54,920 Speaker 2: trying to do in Canada, and we're not going to 87 00:06:55,000 --> 00:07:02,360 Speaker 2: allow it. So let's start out this. That's a baseline. 88 00:07:02,440 --> 00:07:06,640 Speaker 2: We have a Theodore Roosevelt corollary. We have a Trump corollary, 89 00:07:07,279 --> 00:07:12,520 Speaker 2: both applied to the Monroe doctrine. Now, when they issued 90 00:07:12,560 --> 00:07:16,880 Speaker 2: that new National Security Strategy, which it says it's designed 91 00:07:16,880 --> 00:07:21,720 Speaker 2: to reassert and enforce the Monroe Doctrine to restore American 92 00:07:21,760 --> 00:07:25,840 Speaker 2: pre eminents in the Western hemisphere, the author's actually called 93 00:07:25,840 --> 00:07:30,840 Speaker 2: it the Trump corollary. Under this corollary, the President maintains 94 00:07:30,880 --> 00:07:34,480 Speaker 2: that he can authorize the Pentagon to engage in non 95 00:07:34,680 --> 00:07:38,920 Speaker 2: international armed conflict with terrorists. 96 00:07:39,680 --> 00:07:42,080 Speaker 3: Now, since not two. 97 00:07:42,000 --> 00:07:47,320 Speaker 2: Thousand and one, but since nineteen ninety three, we've faced 98 00:07:47,960 --> 00:07:53,680 Speaker 2: a new global scourge of terrorism. Now, I don't like it. 99 00:07:54,880 --> 00:07:58,280 Speaker 2: You don't like it, maybe some people do. I don't know, 100 00:07:59,280 --> 00:08:01,320 Speaker 2: but it is the reality of the world that we 101 00:08:01,400 --> 00:08:08,000 Speaker 2: live in, and that is that both state actors think Russia, China, Iran, Yemen, 102 00:08:09,120 --> 00:08:14,680 Speaker 2: non state actors think Hamas has Belaw Nicholas Maduro. If 103 00:08:14,720 --> 00:08:19,920 Speaker 2: you will, you think about any of those. They have 104 00:08:20,040 --> 00:08:24,000 Speaker 2: decided that they want to cut us out from under 105 00:08:24,000 --> 00:08:25,840 Speaker 2: our legs. They want to cut our knee. They went 106 00:08:25,880 --> 00:08:29,800 Speaker 2: to kneecappus, And whether we like it or not, that 107 00:08:29,920 --> 00:08:32,800 Speaker 2: started with the first World Trade Center bombing in nineteen 108 00:08:32,880 --> 00:08:37,240 Speaker 2: ninety three, and it has just exploded, no pun intended, 109 00:08:37,400 --> 00:08:39,280 Speaker 2: it has just exploded since then. 110 00:08:41,320 --> 00:08:43,440 Speaker 3: So under Trump's corollary. 111 00:08:43,880 --> 00:08:47,679 Speaker 2: The President maintains that he can authorize the Pentagon get 112 00:08:47,720 --> 00:08:51,400 Speaker 2: to engage in non international arm conflict with those terrorists. Now, 113 00:08:51,440 --> 00:08:55,200 Speaker 2: given that the State Department had earlier designated Venezuela based 114 00:08:55,280 --> 00:08:59,560 Speaker 2: Cartel Daves soloists, so less the Cartel of the Sons 115 00:09:00,640 --> 00:09:04,160 Speaker 2: and all of its affiliated cartel networks as an international 116 00:09:04,240 --> 00:09:09,199 Speaker 2: terrorist organization, and given America's long standing policy that Maduro 117 00:09:09,760 --> 00:09:13,600 Speaker 2: stole his twenty twenty reelection and was not the legitimate 118 00:09:13,679 --> 00:09:14,920 Speaker 2: leader of the country. 119 00:09:15,600 --> 00:09:17,680 Speaker 3: The corollary freese. 120 00:09:17,280 --> 00:09:21,840 Speaker 2: The president to take action against him and his regime 121 00:09:22,320 --> 00:09:30,240 Speaker 2: without seeking prior approval from Congress. Now, I don't want 122 00:09:30,400 --> 00:09:34,280 Speaker 2: yet to get into the legalities of the War Powers Act, 123 00:09:34,320 --> 00:09:37,320 Speaker 2: but we will either today or tomorrow. But I want 124 00:09:37,360 --> 00:09:40,680 Speaker 2: you to note that the second sentence of Trump's new 125 00:09:40,760 --> 00:09:45,160 Speaker 2: corollary can logically be applied to both China and Russia 126 00:09:45,880 --> 00:09:49,760 Speaker 2: and all their key strategic investments across Central and South America, 127 00:09:49,800 --> 00:09:54,160 Speaker 2: including Chinese controlled port operations at either end of the 128 00:09:54,160 --> 00:09:57,719 Speaker 2: Panama Canal, or what they're doing in Cuba trying to 129 00:09:57,840 --> 00:10:03,679 Speaker 2: establish an intelligence base of a military base in Cuba. 130 00:10:04,080 --> 00:10:08,199 Speaker 2: If President Trump wants to continue to apply his new 131 00:10:08,240 --> 00:10:12,400 Speaker 2: corollary over the three remaining years in office, He's got 132 00:10:12,400 --> 00:10:18,480 Speaker 2: a target rich environment because we have been, truthfully, since 133 00:10:18,640 --> 00:10:22,880 Speaker 2: my old boss George W. Bush, we were so focused 134 00:10:22,920 --> 00:10:26,320 Speaker 2: on Afghanistan, which I think we should have been. I 135 00:10:26,320 --> 00:10:28,520 Speaker 2: don't think we should have necessarily had a bunch of 136 00:10:28,520 --> 00:10:31,360 Speaker 2: boots on the ground in Afghanistan, but I do believe 137 00:10:31,400 --> 00:10:33,400 Speaker 2: that we should have done everything we could have done 138 00:10:33,600 --> 00:10:37,079 Speaker 2: in that country to seek out, find, and either assassinate 139 00:10:37,160 --> 00:10:41,440 Speaker 2: or capture Osama bin laden a Raq. I think Iraq 140 00:10:41,480 --> 00:10:44,120 Speaker 2: was a mistake. I don't think we ever thought about 141 00:10:44,160 --> 00:10:46,480 Speaker 2: the next one hundred hours. Let alone the next hundred 142 00:10:46,559 --> 00:10:49,480 Speaker 2: days in Iraq, and so we got mired down there. 143 00:10:50,040 --> 00:10:51,880 Speaker 3: Look at a rack today. 144 00:10:52,760 --> 00:10:55,440 Speaker 2: Do you think we did any thinking about the one 145 00:10:55,480 --> 00:10:57,880 Speaker 2: hundred days after the fall of Saddam Hussein. 146 00:10:58,040 --> 00:10:58,680 Speaker 3: No, we did not. 147 00:11:00,520 --> 00:11:04,400 Speaker 2: So in January third, what Trump really did was he 148 00:11:04,400 --> 00:11:08,080 Speaker 2: he applied both the Roosevelt corollary and the Trump corollary 149 00:11:08,480 --> 00:11:10,720 Speaker 2: to Maduro and of course to his wife. 150 00:11:10,760 --> 00:11:12,000 Speaker 3: I guess. 151 00:11:13,559 --> 00:11:17,080 Speaker 2: During the press conference Saturday morning, when Trump was talking 152 00:11:18,600 --> 00:11:21,320 Speaker 2: and he offered all the details, he made it clear 153 00:11:22,160 --> 00:11:26,160 Speaker 2: that he will set the rules for the reinvigoration of 154 00:11:26,200 --> 00:11:32,200 Speaker 2: the private sector in particularly in the oil sector in Venezuela. Now, 155 00:11:32,360 --> 00:11:36,320 Speaker 2: we haven't exactly seized control of petroleum assets worth trillions 156 00:11:36,360 --> 00:11:40,520 Speaker 2: of dollars, but we do plan to set the rules 157 00:11:40,520 --> 00:11:44,680 Speaker 2: of capture, production, refining, export, and I think there's every 158 00:11:44,720 --> 00:11:49,080 Speaker 2: reason to assume those rules will aennear to the benefit 159 00:11:49,280 --> 00:11:52,320 Speaker 2: of you and I and to this country and to 160 00:11:52,360 --> 00:11:57,439 Speaker 2: our national security. His statement that the US has effectively 161 00:11:57,480 --> 00:12:00,680 Speaker 2: gained control over their oil reserves and as to control 162 00:12:00,720 --> 00:12:03,080 Speaker 2: the process under which they'll be developed and brought to 163 00:12:03,160 --> 00:12:10,440 Speaker 2: market that resets the global energy equation, and then his 164 00:12:10,559 --> 00:12:13,080 Speaker 2: further statement that they're going to work hand in glove, 165 00:12:13,240 --> 00:12:16,920 Speaker 2: especially with oil companies in this country, to restarting to 166 00:12:16,960 --> 00:12:20,440 Speaker 2: rebuild their oil sector in Venezuela that ought to be 167 00:12:20,520 --> 00:12:23,760 Speaker 2: sending I think is sending shock waves through corporate c 168 00:12:23,920 --> 00:12:28,679 Speaker 2: suites of the world's biggest corporate drillers. Now, which companies 169 00:12:29,040 --> 00:12:34,160 Speaker 2: are going to benefit from the application of the Trump corollary. Well, 170 00:12:34,280 --> 00:12:39,319 Speaker 2: Chevron comes to mind, based out in Houston. It has 171 00:12:39,360 --> 00:12:43,520 Speaker 2: managed to retain its foothold in the country despite the 172 00:12:43,559 --> 00:12:46,920 Speaker 2: expropriations of the nationalization if you will, of their oil 173 00:12:46,960 --> 00:12:51,599 Speaker 2: assets executed by both Maduro and Hugo Chavez over the 174 00:12:51,640 --> 00:12:52,760 Speaker 2: past twenty five years. 175 00:12:53,080 --> 00:12:54,680 Speaker 3: Now, before Chavez. 176 00:12:54,240 --> 00:12:58,080 Speaker 2: Invoked his seizing of the assets, both Excellent and Mobile 177 00:12:58,280 --> 00:13:02,160 Speaker 2: and Conicco Phillips the big producers in Venezuela, and I 178 00:13:02,200 --> 00:13:05,080 Speaker 2: think that Trump's intention is also to bring those two 179 00:13:05,160 --> 00:13:09,640 Speaker 2: giants into the rebuilding process. Now, keep in mind that 180 00:13:09,720 --> 00:13:12,640 Speaker 2: there are other major companies not based in this country 181 00:13:13,280 --> 00:13:17,479 Speaker 2: that were also major producers of crude out of Venezuela, 182 00:13:19,400 --> 00:13:26,040 Speaker 2: Shell BP, Total Energy in France, Norway's equinor Now I 183 00:13:26,040 --> 00:13:28,520 Speaker 2: don't know whether those non US companies will be invited 184 00:13:28,559 --> 00:13:31,200 Speaker 2: into the new program, but I think we can be 185 00:13:31,360 --> 00:13:35,160 Speaker 2: certain that they will attempt to aggressive, to aggressively leverage 186 00:13:35,200 --> 00:13:38,800 Speaker 2: their way into the program by using whatever available means 187 00:13:38,800 --> 00:13:41,880 Speaker 2: they have to get into the program. But the geopolitical 188 00:13:41,880 --> 00:13:48,680 Speaker 2: implications are enormous, absolutely enormous. If there's one thing that 189 00:13:48,920 --> 00:13:53,240 Speaker 2: I have preached and preached ad nauseum to some people, 190 00:13:54,840 --> 00:13:57,560 Speaker 2: you know, I just cut my I already phoned away, 191 00:13:58,400 --> 00:14:00,319 Speaker 2: I just cut my Michael Brown men in, I'm sure 192 00:14:00,320 --> 00:14:04,000 Speaker 2: you were tired of the old one playing over on freedom. 193 00:14:04,120 --> 00:14:08,440 Speaker 2: But part of Polis's Green New deal is that starting 194 00:14:08,559 --> 00:14:13,880 Speaker 2: January one, So starting last week New Year's Day, h 195 00:14:14,000 --> 00:14:18,280 Speaker 2: BAC companies can sell their efficient inventory that they have 196 00:14:18,440 --> 00:14:22,480 Speaker 2: for you know, heating systems, cooling systems, whatever, their HVAC systems. 197 00:14:23,360 --> 00:14:29,080 Speaker 2: But starting January one, once that inventory is depleted, they 198 00:14:29,120 --> 00:14:34,760 Speaker 2: have to go to super efficient that are ninety efficient 199 00:14:34,840 --> 00:14:37,320 Speaker 2: under the Energy Star ratings. 200 00:14:37,160 --> 00:14:39,520 Speaker 3: For nitric oxide in ox. 201 00:14:41,280 --> 00:14:45,280 Speaker 2: That's going to increase the cost once that current inventory 202 00:14:45,320 --> 00:14:48,360 Speaker 2: is depleted. So let's let's just say that inventory gets 203 00:14:48,360 --> 00:14:52,000 Speaker 2: depleted this week, which I know won't happen. Let's just say, 204 00:14:52,320 --> 00:14:55,920 Speaker 2: for sake of argument, that all HVAC companies in Colorado 205 00:14:56,160 --> 00:14:58,760 Speaker 2: deplete their current inventory, because everybody's going to hear these 206 00:14:58,840 --> 00:15:00,960 Speaker 2: numbers and they're going to go, I should replace my 207 00:15:01,000 --> 00:15:07,400 Speaker 2: age VAC system right now. Those HVAC systems will cost 208 00:15:07,440 --> 00:15:12,360 Speaker 2: you anywhere from twenty to four hundred percent more than 209 00:15:12,400 --> 00:15:17,760 Speaker 2: the current inventory, simply because Polus and the green energy 210 00:15:18,480 --> 00:15:20,960 Speaker 2: religion that they believe in the Church of the Climate 211 00:15:21,040 --> 00:15:28,280 Speaker 2: activists want you to reduce emissions. I point that out 212 00:15:28,560 --> 00:15:36,880 Speaker 2: because what they ought to be focused on instead is reliable, stable, 213 00:15:37,720 --> 00:15:43,600 Speaker 2: sustainable energy, and that is oil and gas. It's not 214 00:15:43,640 --> 00:15:46,600 Speaker 2: a wind turbine, it's not a solar panel. It could 215 00:15:46,640 --> 00:15:48,320 Speaker 2: be nuclear if they want to, if they wanted to 216 00:15:48,360 --> 00:15:51,320 Speaker 2: do nuclear, but they don't want to do that because 217 00:15:51,320 --> 00:15:54,680 Speaker 2: they want you to live in an unreliable state like 218 00:15:54,760 --> 00:15:58,400 Speaker 2: California is with blackouts. They want you to live with 219 00:15:58,440 --> 00:16:02,600 Speaker 2: a crappy grid like Excel has in Colorado. Oh, we 220 00:16:02,640 --> 00:16:04,200 Speaker 2: got to shut it down because the winds over seventy 221 00:16:04,240 --> 00:16:06,200 Speaker 2: five miles an hour. The winds have been over seventy 222 00:16:06,200 --> 00:16:08,240 Speaker 2: five miles an hour lots of times over the past 223 00:16:08,280 --> 00:16:11,480 Speaker 2: one hundred years in Colorado, probably for the last one hundred. 224 00:16:11,160 --> 00:16:12,239 Speaker 3: Centuries in Colorado. 225 00:16:15,160 --> 00:16:21,920 Speaker 2: This change the geopolitical implications are enormous because Venezuela sets 226 00:16:21,920 --> 00:16:25,120 Speaker 2: it sets the top and estimated three hundred and three 227 00:16:25,520 --> 00:16:30,400 Speaker 2: billion barrels of proven reserves that is the largest in 228 00:16:30,440 --> 00:16:35,520 Speaker 2: the entire world at current prices. You ever, take around 229 00:16:35,640 --> 00:16:41,360 Speaker 2: fifty seven dollars a barrel, that's a staggering seventeen plus 230 00:16:41,800 --> 00:16:46,680 Speaker 2: trillion dollars in potential gross value. Now, even if it 231 00:16:46,680 --> 00:16:49,200 Speaker 2: gets extracted and sold at half that rate to account 232 00:16:49,200 --> 00:16:52,120 Speaker 2: for production challenges, you're still talking about at least eight 233 00:16:52,120 --> 00:16:55,440 Speaker 2: point seven trillion dollars. That's more than the gross domestic 234 00:16:55,480 --> 00:16:59,600 Speaker 2: product of every country on the place of this planet 235 00:17:00,000 --> 00:17:04,120 Speaker 2: except the United States and China. So don't make any mistake. 236 00:17:05,720 --> 00:17:10,840 Speaker 2: This move, done in a twelve hour operation, marks the 237 00:17:11,000 --> 00:17:16,359 Speaker 2: pivotal shift in our energy strategy. For years, the oil 238 00:17:16,400 --> 00:17:20,040 Speaker 2: wealth of Venezuela has been squandered under that socialist communist 239 00:17:20,119 --> 00:17:23,800 Speaker 2: regime led first by Chavez and then by Maduro. They 240 00:17:23,840 --> 00:17:27,800 Speaker 2: mismanaged what was once a prosperous OPEC founder into an 241 00:17:27,800 --> 00:17:32,960 Speaker 2: economic basket case. They suffered from hyperinflation, corruption, international sanctions 242 00:17:32,960 --> 00:17:36,280 Speaker 2: of the crippled production, dropping their output from about four 243 00:17:36,320 --> 00:17:39,240 Speaker 2: million barrels per day in the late late nineteen nineties 244 00:17:39,440 --> 00:17:43,959 Speaker 2: to about a million barrels per day today. Now Maduro's gone. 245 00:17:45,080 --> 00:17:47,320 Speaker 2: So what does Trump want to do. He wants to 246 00:17:47,359 --> 00:17:49,919 Speaker 2: open the door back up for American firms and perhaps 247 00:17:49,960 --> 00:17:56,080 Speaker 2: some foreign firms to revitalize that treasure trove. That, kids, 248 00:17:56,560 --> 00:18:02,600 Speaker 2: is a geo political coup. Now not easy because it 249 00:18:02,640 --> 00:18:04,840 Speaker 2: has it has to be managed. It's got to be 250 00:18:04,880 --> 00:18:09,800 Speaker 2: managed properly. And if it is managed properly, that will 251 00:18:09,840 --> 00:18:14,720 Speaker 2: be a giant well, that'll be a shifting the teutonic 252 00:18:14,760 --> 00:18:20,480 Speaker 2: plates of global resource flows. It will put us at 253 00:18:20,520 --> 00:18:23,920 Speaker 2: the top of the heap. That's a global realignment. 254 00:18:24,000 --> 00:18:27,159 Speaker 3: Kids. I missed you, guys. I'm glad you're back. I 255 00:18:27,200 --> 00:18:30,399 Speaker 3: started listening to jazz. That's pretty bored. I was, so 256 00:18:30,480 --> 00:18:32,480 Speaker 3: now I don't have to listen to jazz anymore. 257 00:18:34,000 --> 00:18:36,640 Speaker 2: Oh, I can fix that. I wonder ifhy we've had 258 00:18:36,680 --> 00:18:39,359 Speaker 2: a jazz bumper music. I was like, what are you 259 00:18:39,440 --> 00:18:40,200 Speaker 2: doing back there? 260 00:18:40,359 --> 00:18:40,879 Speaker 3: You're welcome? 261 00:18:41,160 --> 00:18:46,720 Speaker 2: Yeah, now I get it. So back to this realignment 262 00:18:46,720 --> 00:18:54,200 Speaker 2: of the geopolitical order. I have to admit that I'm 263 00:18:54,320 --> 00:18:57,399 Speaker 2: very very excited about it, and I have to admit 264 00:18:57,480 --> 00:19:02,040 Speaker 2: I'm really really nervous about it too, because so many 265 00:19:02,040 --> 00:19:05,560 Speaker 2: things can go wrong, and so many things can go right, 266 00:19:06,680 --> 00:19:15,600 Speaker 2: But this is truly an America first realignment. Now again, 267 00:19:15,720 --> 00:19:18,040 Speaker 2: let's go back to the first hour for just a moment. 268 00:19:20,680 --> 00:19:25,119 Speaker 2: There's zero deata in my mind that this arrest was legal. 269 00:19:26,119 --> 00:19:30,960 Speaker 2: It fits everything based on the Constitution itself, Article two. 270 00:19:32,200 --> 00:19:36,040 Speaker 2: It doesn't violate the War Powers Act. It's certainly in 271 00:19:36,080 --> 00:19:41,600 Speaker 2: line with jurisprudence regarding extra territorial jurisdiction. Yes, it involved 272 00:19:41,640 --> 00:19:46,120 Speaker 2: the military, but that's that's like, so what the military 273 00:19:46,160 --> 00:19:48,960 Speaker 2: gets involved? You know states, But and now I do 274 00:19:49,040 --> 00:19:52,879 Speaker 2: mean like Colorado or New Mexico, or Wyoming or California 275 00:19:52,920 --> 00:19:57,840 Speaker 2: and New they often use the air quote here military 276 00:19:58,359 --> 00:20:03,800 Speaker 2: their national Guard in law enforcement actions. You don't think 277 00:20:03,800 --> 00:20:07,760 Speaker 2: that we didn't deploy the National Guard for law enforcement 278 00:20:07,800 --> 00:20:10,920 Speaker 2: actions during major disasters when I was the under secretary. 279 00:20:11,160 --> 00:20:13,520 Speaker 2: Of course we did. Now we didn't do it, but 280 00:20:13,680 --> 00:20:15,840 Speaker 2: we asked the governor to do it, or sometimes we 281 00:20:16,080 --> 00:20:19,720 Speaker 2: federalize them and did it ourselves. So it's not unusual 282 00:20:19,800 --> 00:20:24,280 Speaker 2: for military and law enforcement to be working side by side. 283 00:20:24,640 --> 00:20:27,440 Speaker 2: Don't don't let those on the left, or say even 284 00:20:27,480 --> 00:20:30,200 Speaker 2: some on the right, confuse you about Oh that's side 285 00:20:30,480 --> 00:20:34,680 Speaker 2: you can't do that again. I think it's Trump arrangement syndrome. 286 00:20:35,680 --> 00:20:38,359 Speaker 2: And that's fine. If you got it, you know, suffer 287 00:20:38,400 --> 00:20:40,919 Speaker 2: with it. Get get a vaccine. See if you can 288 00:20:40,960 --> 00:20:49,080 Speaker 2: find a vaccine. This realignment is significantly America first, and 289 00:20:49,280 --> 00:20:53,120 Speaker 2: is a geopolitical alignment that a lot of the globalists, 290 00:20:53,560 --> 00:21:00,520 Speaker 2: including my old boss, allowed to occur over decades. Probably 291 00:21:00,520 --> 00:21:03,000 Speaker 2: would have done this in this first term, except that 292 00:21:03,040 --> 00:21:07,520 Speaker 2: he was distracted by Russia, Russia, Russia, and everything else 293 00:21:07,520 --> 00:21:10,720 Speaker 2: they tried to throw at him. Because, let me just 294 00:21:10,720 --> 00:21:17,439 Speaker 2: be blunt, many Democrats don't want a realignment. They're quite 295 00:21:17,600 --> 00:21:21,679 Speaker 2: happy with this country continuing down this socialist soon to 296 00:21:21,680 --> 00:21:25,439 Speaker 2: be Marxist communist route that we're taking. 297 00:21:26,480 --> 00:21:29,399 Speaker 3: Look at Colorado. I don't want that. 298 00:21:30,680 --> 00:21:34,679 Speaker 2: I want us to be a free market, capitalist society, 299 00:21:35,400 --> 00:21:39,480 Speaker 2: rugged individualism, everybody having freedom of choice, not being told 300 00:21:39,560 --> 00:21:42,800 Speaker 2: what HVAC system I have to put in. But that's 301 00:21:43,320 --> 00:21:47,000 Speaker 2: I mean. Jared Polus and I are total opposites. Colorado 302 00:21:47,000 --> 00:21:49,879 Speaker 2: Democrats and I many Republicans in this state and I 303 00:21:50,160 --> 00:21:58,560 Speaker 2: are total opposites. But go back to this realignment, the 304 00:21:58,600 --> 00:22:01,000 Speaker 2: injection of major new assis. Say, it's into the support 305 00:22:01,040 --> 00:22:04,120 Speaker 2: structure for what I would call the petrol dollar system 306 00:22:05,600 --> 00:22:08,600 Speaker 2: that's been struggling over the past three years just to 307 00:22:08,680 --> 00:22:12,960 Speaker 2: try to retain its dominance over international trade. That combined 308 00:22:13,000 --> 00:22:17,400 Speaker 2: with the second reminder of America's unrivaled military might over 309 00:22:17,400 --> 00:22:22,800 Speaker 2: the past eight months, that also does something. So you 310 00:22:22,880 --> 00:22:26,320 Speaker 2: got the petrol dollar and that realignment, and then you've 311 00:22:26,320 --> 00:22:28,280 Speaker 2: seen what we've done with the military over the past 312 00:22:28,320 --> 00:22:32,320 Speaker 2: eight months that re establishes this country as the dominant 313 00:22:32,400 --> 00:22:42,160 Speaker 2: global power. For example, if if Russia, which I understand 314 00:22:42,240 --> 00:22:46,760 Speaker 2: historically why Russia has always been, you know, enemy number one, 315 00:22:46,920 --> 00:22:50,840 Speaker 2: but they're GDP. I'm not even sure it's still in 316 00:22:50,880 --> 00:22:55,280 Speaker 2: the top ten right now. And their military has always 317 00:22:55,320 --> 00:22:59,119 Speaker 2: been I just shouldn't say always because they were helpful 318 00:22:59,160 --> 00:23:03,720 Speaker 2: in World War Two, But if they were the global 319 00:23:03,880 --> 00:23:07,320 Speaker 2: power that everybody seems to want to attribute to them, 320 00:23:08,640 --> 00:23:12,879 Speaker 2: they look at what they're mired down in Ukraine. They 321 00:23:12,880 --> 00:23:18,119 Speaker 2: should have just rolled over Kiev. They have not done that. China, 322 00:23:18,560 --> 00:23:22,159 Speaker 2: they would have taken Taiwan a long time ago. So 323 00:23:22,400 --> 00:23:26,359 Speaker 2: the reassertion of our military authority and our willingness to 324 00:23:26,560 --> 00:23:31,480 Speaker 2: enforce them and row doctrine in our hemisphere that places 325 00:23:31,600 --> 00:23:35,920 Speaker 2: that puts hundreds of billions of dollars, if not trillions 326 00:23:35,960 --> 00:23:40,160 Speaker 2: of dollars in investments, and years of geopolitical maneuvering by 327 00:23:40,200 --> 00:23:45,400 Speaker 2: both Russia and China at risk and they know it, 328 00:23:46,880 --> 00:23:52,320 Speaker 2: they absolutely know it. Now back to oil, if that's 329 00:23:52,359 --> 00:23:56,639 Speaker 2: properly managed, and that's a very big GIF. That is 330 00:23:56,680 --> 00:24:00,240 Speaker 2: a movie which is going to enhance our leverage overlobal 331 00:24:00,280 --> 00:24:05,600 Speaker 2: oil pricing mechanism for years to come. I'll pack nice 332 00:24:05,600 --> 00:24:09,080 Speaker 2: to know you now, Sadi's we still want we still 333 00:24:09,119 --> 00:24:12,200 Speaker 2: want good relations in the Middle East because remember, the 334 00:24:12,240 --> 00:24:13,399 Speaker 2: oil markets. 335 00:24:13,040 --> 00:24:15,040 Speaker 3: Are a global oil oil market. 336 00:24:16,119 --> 00:24:19,399 Speaker 2: But now we're placing our cells at the top of 337 00:24:19,440 --> 00:24:23,400 Speaker 2: that global oil market. And when we place our cells 338 00:24:23,680 --> 00:24:26,639 Speaker 2: at the top of the global oil market, that means 339 00:24:26,640 --> 00:24:34,080 Speaker 2: that reliable, long term, cheap energy will be controlled by 340 00:24:34,119 --> 00:24:38,920 Speaker 2: this country and not by the sadis not by Russia. 341 00:24:39,640 --> 00:24:40,679 Speaker 3: And we'll also have. 342 00:24:42,240 --> 00:24:45,000 Speaker 2: I think I don't know whether to say unintended or 343 00:24:45,000 --> 00:24:48,000 Speaker 2: intended consequences, but you look at a country like Cuba 344 00:24:49,160 --> 00:24:56,480 Speaker 2: that survives on cheap oil from Venezuela that's gone. So 345 00:24:56,640 --> 00:25:00,000 Speaker 2: whoever is running, whether it's Raul Castro or somebody else, 346 00:25:00,080 --> 00:25:04,720 Speaker 2: whoever's running Cuba is likely to fall because their economy 347 00:25:04,760 --> 00:25:06,119 Speaker 2: is going to completely crater. 348 00:25:06,400 --> 00:25:10,040 Speaker 3: Now again just dealing in reality. 349 00:25:11,240 --> 00:25:14,840 Speaker 2: The Cuban people will suffer, but it may give them 350 00:25:14,880 --> 00:25:21,760 Speaker 2: the opportunity to overtake that communist country, kick out the Chinese, 351 00:25:22,160 --> 00:25:25,400 Speaker 2: and instead of having the communist Chinese ninety miles from 352 00:25:25,440 --> 00:25:28,879 Speaker 2: our border, will have a friendly government close to our border. 353 00:25:28,960 --> 00:25:32,440 Speaker 2: And quite frankly, I have a selfish interest in that. 354 00:25:32,840 --> 00:25:37,679 Speaker 2: Because Cuba, oh a great tourist place. Doesn't mean you 355 00:25:37,720 --> 00:25:40,480 Speaker 2: have to go to Acapulco anymore. You have to go 356 00:25:40,520 --> 00:25:46,480 Speaker 2: to Cabo San Lucas, you go to Havana because Marriott 357 00:25:46,720 --> 00:25:50,640 Speaker 2: four seasons, Hiatt, They'll all move in as quickly as 358 00:25:50,640 --> 00:25:56,800 Speaker 2: possible and turn Cuba into a wonderful tourist country. Again, 359 00:25:56,840 --> 00:26:01,040 Speaker 2: back to oil from let's just let's take a practical 360 00:26:01,040 --> 00:26:05,440 Speaker 2: look at this from them. From a practical standpoint, unlocking 361 00:26:05,520 --> 00:26:09,439 Speaker 2: this potential is not going to be instantaneous. They were 362 00:26:09,560 --> 00:26:12,560 Speaker 2: Loco Belt, which is home to much of the heavy 363 00:26:12,560 --> 00:26:20,600 Speaker 2: crude reserves that requires really advanced technology for extraction, steam injection, dilutance, 364 00:26:20,680 --> 00:26:25,640 Speaker 2: for transport technologies and processes in which companies like Chevron 365 00:26:25,680 --> 00:26:29,680 Speaker 2: and Excellon Mobile they actually excel in those technologies past 366 00:26:29,760 --> 00:26:34,440 Speaker 2: joint ventures. Under Maduro, they were hampered because who wants 367 00:26:34,480 --> 00:26:37,560 Speaker 2: to go into a country where they've already nationalized and 368 00:26:37,960 --> 00:26:41,560 Speaker 2: expropriated your technology once and they're likely to do it again. 369 00:26:41,880 --> 00:26:44,080 Speaker 3: So that's why it's been crumbling all these years. 370 00:26:44,440 --> 00:26:50,159 Speaker 2: But a pro us interim government could fast track those investments, 371 00:26:50,760 --> 00:26:53,840 Speaker 2: which gets me back to the next one hundred hours. 372 00:26:54,520 --> 00:26:58,480 Speaker 3: In one hundred days, what's going to happen. 373 00:26:58,359 --> 00:27:02,280 Speaker 4: To the guy who had that time back about listening 374 00:27:02,320 --> 00:27:07,320 Speaker 4: to jazz. Hey, I would welcome Dragon playing more jazz 375 00:27:07,440 --> 00:27:13,000 Speaker 4: music because thanks to the current pop music scene, Lave 376 00:27:13,240 --> 00:27:20,159 Speaker 4: and Adele are exceptions. I said, forget about the jazz snobs. 377 00:27:20,720 --> 00:27:23,359 Speaker 4: I'm going to get into real jazz along with the 378 00:27:23,400 --> 00:27:24,440 Speaker 4: smooth jazz. 379 00:27:25,320 --> 00:27:31,080 Speaker 2: M What what's wrong with the current pop scene? I mean, yeah, 380 00:27:31,240 --> 00:27:34,720 Speaker 2: Taylor Swift, I mean I I could listen. 381 00:27:34,520 --> 00:27:39,800 Speaker 3: To that all day long as a substitute for ambience. 382 00:27:40,280 --> 00:27:43,760 Speaker 3: I can make that happen. No, you better not. Let's not. 383 00:27:43,920 --> 00:27:46,720 Speaker 2: Let's let's not have a fight. The first week back, 384 00:27:49,680 --> 00:27:51,680 Speaker 2: but he said a dle and who was the other one? 385 00:27:51,920 --> 00:27:54,119 Speaker 3: I don't know. I wasn't paying attention. 386 00:27:54,200 --> 00:27:57,960 Speaker 2: Now, so let's think what what what are the ripple 387 00:27:58,000 --> 00:28:03,120 Speaker 2: effects of what took on January three? 388 00:28:03,760 --> 00:28:05,200 Speaker 3: Well, OPEK plus. 389 00:28:05,840 --> 00:28:12,359 Speaker 2: The dynamics with OPEC plus shifted dramatically because with Venezuela's 390 00:28:12,400 --> 00:28:16,400 Speaker 2: output potentially ramping to to say, two or three million 391 00:28:16,440 --> 00:28:19,080 Speaker 2: barrels a day over the next I don't know, maybe 392 00:28:19,080 --> 00:28:26,560 Speaker 2: five to seven years quota negotiations with OPEK, that becomes 393 00:28:26,600 --> 00:28:32,280 Speaker 2: a US influenced affair. In other words, all those times. 394 00:28:32,400 --> 00:28:37,159 Speaker 2: Remember when when Biden ran to Saudi Arabia and begged 395 00:28:37,160 --> 00:28:41,680 Speaker 2: Saudi Arabia to increased output, and Saudi Arabia moonding and 396 00:28:41,800 --> 00:28:45,360 Speaker 2: he came back home empty handed. Probably not gonna happen now. 397 00:28:46,600 --> 00:28:50,120 Speaker 2: The United States now would sit at the top of 398 00:28:50,160 --> 00:28:56,760 Speaker 2: those quota negotiations. Think about Russia and the Iranians. They're 399 00:28:56,920 --> 00:29:00,560 Speaker 2: already strained by sanctions, so they're gonna lose even more 400 00:29:00,640 --> 00:29:05,440 Speaker 2: bargaining power. The Iranians. You know, if we don't screw 401 00:29:05,480 --> 00:29:10,840 Speaker 2: that one up, there are protests in every province and 402 00:29:11,800 --> 00:29:16,080 Speaker 2: Iran right now. If we play those cards right, we 403 00:29:16,200 --> 00:29:19,960 Speaker 2: might actually see the fall of the Molas, another global realignment. 404 00:29:21,240 --> 00:29:22,560 Speaker 3: But look at Europe. 405 00:29:22,880 --> 00:29:26,520 Speaker 2: Europe's the one that fascinates me the most, primarily because 406 00:29:26,880 --> 00:29:29,440 Speaker 2: like Colorado or California and New York. 407 00:29:30,280 --> 00:29:33,400 Speaker 3: They're all they're full in on the Green New Energy deal. 408 00:29:34,560 --> 00:29:38,480 Speaker 2: They want to screw the consumers by forcing you to 409 00:29:38,520 --> 00:29:42,160 Speaker 2: buy things that are unreliable, that are too costly, and 410 00:29:42,200 --> 00:29:44,240 Speaker 2: they don't They're not going to save the planet. 411 00:29:44,320 --> 00:29:46,160 Speaker 3: Is if the planet need to be saved. 412 00:29:46,600 --> 00:29:50,040 Speaker 2: The planet's been here long before we were, and the 413 00:29:50,120 --> 00:29:53,320 Speaker 2: planet will probably be long here long after we're gone too. 414 00:29:54,400 --> 00:29:56,440 Speaker 3: So it's going to change that. 415 00:29:57,160 --> 00:30:02,160 Speaker 2: With Europe, who's been grappling with energy security and what 416 00:30:02,200 --> 00:30:08,640 Speaker 2: will become hopefully a post Ukraine era soon, they stand 417 00:30:08,680 --> 00:30:15,360 Speaker 2: to gain a stable supplier of energy from the West. Politically, 418 00:30:16,040 --> 00:30:19,960 Speaker 2: that makes it easier for those who recognize that, whether 419 00:30:20,440 --> 00:30:26,360 Speaker 2: it's Merts, the Chancellor of Germany, Macrone in France, or 420 00:30:26,560 --> 00:30:30,120 Speaker 2: any of them. Spain in Portugal, remember they're blackout because 421 00:30:30,200 --> 00:30:34,240 Speaker 2: oh wind turbines quit blowing. We didn't have any storage. 422 00:30:34,360 --> 00:30:40,520 Speaker 2: We had blackouts. Even countries like Spain and Portugal will 423 00:30:40,560 --> 00:30:46,200 Speaker 2: wake up because they cannot hide this news from their public, 424 00:30:47,360 --> 00:30:51,040 Speaker 2: and their public is going to look at us and say, 425 00:30:50,920 --> 00:30:54,480 Speaker 2: why can't we be like them? Why can't we have 426 00:30:55,160 --> 00:31:00,720 Speaker 2: you know, reliable, abundant, cheap energy instead of this crap 427 00:31:00,800 --> 00:31:06,800 Speaker 2: we're paying for now. So if the leaders at the EU, really, 428 00:31:06,880 --> 00:31:08,840 Speaker 2: if they if they decide, and of course I know 429 00:31:08,880 --> 00:31:11,200 Speaker 2: it's a big if, but if they decide to work 430 00:31:11,240 --> 00:31:14,960 Speaker 2: more productively and cooperatively with us, then they have done 431 00:31:14,960 --> 00:31:23,560 Speaker 2: in recent months that puts them back under our influence. So, 432 00:31:23,720 --> 00:31:30,200 Speaker 2: whether it's NATO, whether it's the EU again, everything goes 433 00:31:30,240 --> 00:31:41,400 Speaker 2: back to energy. Now Chinazel Venezuela's top creditor, China sixty 434 00:31:41,560 --> 00:31:45,840 Speaker 2: billion dollars in loans tied to oil shipments. Well, now 435 00:31:45,920 --> 00:31:49,200 Speaker 2: China's gonna have to recalibrate. China's gonna have to decide 436 00:31:49,200 --> 00:31:51,920 Speaker 2: how to respond to what it has already denounced as 437 00:31:51,960 --> 00:31:55,920 Speaker 2: an unjustified US aggression. If I would to say to 438 00:31:56,080 --> 00:31:58,760 Speaker 2: Jigen thing, yeah, hey, Buco, what are you gonna do 439 00:31:58,760 --> 00:31:59,160 Speaker 2: about it? 440 00:32:00,400 --> 00:32:00,680 Speaker 3: Really? 441 00:32:00,680 --> 00:32:02,760 Speaker 2: What are you going to do about it? Are you 442 00:32:02,760 --> 00:32:06,920 Speaker 2: going to try to foreclose on your loans? If we 443 00:32:06,960 --> 00:32:09,440 Speaker 2: work the next one hundred hours one hundred days correctly, 444 00:32:10,440 --> 00:32:13,200 Speaker 2: a new regime will look at China and say, screw you, 445 00:32:14,040 --> 00:32:16,440 Speaker 2: we're not giving anything back. We didn't sign anything, and 446 00:32:16,520 --> 00:32:20,040 Speaker 2: whatever we sign, it's not minding a US. So thanks 447 00:32:20,120 --> 00:32:25,520 Speaker 2: for the investment. Cionari, see you later. The Duels regime 448 00:32:26,040 --> 00:32:30,320 Speaker 2: function as a narco terrorist state propped up by human trafficking, 449 00:32:30,840 --> 00:32:35,880 Speaker 2: drug networks all spilled into this country that I'd like 450 00:32:35,920 --> 00:32:39,760 Speaker 2: to say has come to an end, but more appropriately 451 00:32:40,400 --> 00:32:43,040 Speaker 2: is coming to an end, and the results of that 452 00:32:43,200 --> 00:32:47,480 Speaker 2: is going to be an international geopolitical realignment