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Speaker 1: Here's a highlight from Coast to Coast AM on iHeartRadio

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Speaker 1: and welcome back to Coast to Coast George Snowy with you.

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Speaker 1: Greg Hunter has a nearly nine years network experience as

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Speaker 1: an investigative correspondent, working for ABC News and Good Morning

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Speaker 1: America for years as well. Most recently, Gregg work for

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Speaker 1: CNN shows, does the Polizon Show, American Morning, and various

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Speaker 1: CNN business shows. He's a dedicated, hard hitting reporter heads

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Speaker 1: Up USA Watchdog dot com, and we're going to talk

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Speaker 1: about a number of issues that are facing all of

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Speaker 1: us here as a Americans and Canadians. Greg, welcome back,

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Speaker 1: my friend. Good to be here, George. How are you

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Speaker 1: doing good? So let me get your reaction to consumer confidence?

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Speaker 1: They said dropped again for the second month. Uh. They're

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Speaker 1: saying that if the Sears doesn't get a buy out

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Speaker 1: by tomorrow morning, it's gonna go belly up. What the

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Speaker 1: heck's happening to these giants? Is the Internet? Amazon? Are

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Speaker 1: they the ones crushing all these other retail stores. I

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Speaker 1: think that's part of it, because Amazon had a good year.

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Speaker 1: Christmas is pretty big. But you know, Sears is a

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Speaker 1: I love Sears too. I hate this. Sears is a

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Speaker 1: is a dinosaur and it's just hasn't been able to, um,

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Speaker 1: you know, compete. And we have a Sears here that

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Speaker 1: gave up you know, half its space to Whole Foods.

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Speaker 1: And you drive by there and I'm thinking, Wow, they're

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Speaker 1: gonna not gonna make it very long. They're really not

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Speaker 1: going to do Are they any cars in the parking lot? So,

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Speaker 1: you know, I just think it's a signed at the

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Speaker 1: time that a lot of people are going digital, a

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Speaker 1: lot of people are going our you know, Amazon Prime,

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Speaker 1: and we even uh, you know, Walbart had its own

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Speaker 1: type of Amazon Prime type thing that they're doing so

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Speaker 1: that's just what that is. But the one thing it

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Speaker 1: doesn't signal, it doesn't signal growth. That's for sure. Retails

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Speaker 1: in trouble. Retails, and bigger trouble than anybody would think, right,

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Speaker 1: I think Home Depot and Lowe's probably put the nail

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Speaker 1: in Sears coffin too. Yeah. Well, there's a lot of competition. Yeah,

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Speaker 1: I mean, Sears used to be the place to go

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Speaker 1: for automotive repairs, appliances, tools and all that, and it's

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Speaker 1: just not the same anymore. I think Lowe's bought the

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Speaker 1: craftsman name for two Yeah, no, you're you're right about that,

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Speaker 1: and Sears owned most of their real estate. What are

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Speaker 1: we going to do with a glut of all those stores?

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Speaker 1: They'll be empty. Well that's the that's the flight of retail.

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Speaker 1: There's there's a lot of retail in trouble and has

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Speaker 1: been in trouble all this year. Probably if we wouldn't

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Speaker 1: have had Donald Trump be elected in twenty sixteen, we

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Speaker 1: would have been in a full blown depression. And the

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Speaker 1: reason why is because we grew all this debt and

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Speaker 1: what what Trump did was like bringing blood to the

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Speaker 1: center of the body by all these stock buybacks. Another

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Speaker 1: huge thing he got through was this, uh you know,

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Speaker 1: drilling oil and a war. I'm surprised the tree huggers

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Speaker 1: didn't go crazy on that, but he You know, it's

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Speaker 1: hard to have your currency good to zero if you're

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Speaker 1: a if you've had a huge growth in oil production.

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Speaker 1: You know, there are reports out they're saying we are

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Speaker 1: going to be a next a net oil exporter, that

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Speaker 1: we're gonna be the number one producer of wild There's

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Speaker 1: people that refute that, but one thing they don't refut.

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Speaker 1: We had a huge growth in oil production here in America.

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Speaker 1: That's true. Now oil prices have been dropping. They bounced

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Speaker 1: up a little bit over the last day and a half,

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Speaker 1: but overall they are way down. What's what's the cause

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Speaker 1: of that. I think the global economy is slowing down.

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Speaker 1: I think debt service is huge. Um, you know, I

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Speaker 1: think the two big problems in the world right now,

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Speaker 1: the two huge problems are enormous debt and enormous fraud.

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Speaker 1: Let's start with the debt. Enormous. We were one hundred

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Speaker 1: and sixty five trillion global debt before two thousand and eight.

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Speaker 1: We had a debt crisis, we had a credit seizure

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Speaker 1: and what do we do. In the last ten years,

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Speaker 1: we grew the debt to two hundred and fifty trillion globally,

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Speaker 1: so we had a debt problem, and we got the

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Speaker 1: gold cards out, we got the Platinum cards out, and

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Speaker 1: we charged everything up. And I think we're running up

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Speaker 1: against the end of what we can even pay even

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Speaker 1: though rates are low. And you know, you don't need

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Speaker 1: a big rate increase, and Peter Schiff says that the

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Speaker 1: biggest that the rate increase in September was the one

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Speaker 1: that popped the bubble. But you don't read a big

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Speaker 1: rate increase if you have that kind of debt explosion

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Speaker 1: and then you have the ECP, that ECB European Central

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Speaker 1: Bank is going to stop buying bonds, and you know

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Speaker 1: you got big trouble. The other side is fraud, and

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Speaker 1: fraud is just off the charts everywhere you look. It's

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Speaker 1: fraud in the economy. It's China is going to take

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Speaker 1: over Kenya's largest port because of unlane paid loan. That's

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Speaker 1: not fraud, that's more the debt issue. Everything is fake.

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Speaker 1: You had uh, you know redd At CEO, former redd

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Speaker 1: A CEO, Lane Powe's TAO say that all the metrics

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Speaker 1: for a lot of the big companies for what they

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Speaker 1: say their eyeballs are, what they're selling are fake. You

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Speaker 1: had the twenty one trillion that they can't They don't

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Speaker 1: really know what happened in d D Department Defense and

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Speaker 1: also the housing and Urban development. This is doctor Mark

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Speaker 1: Skidmore Universe Michigan State University with a team of people

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Speaker 1: using OIG reports. It's twenty one trillion dollars of missing money,

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Speaker 1: is what he calls it. And well, I don't know

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Speaker 1: if we'll ever find out what happened to it. These

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Speaker 1: were Inspector General reports. They've scrubbed him off the internet

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Speaker 1: and they made it a national security issue. Let's get

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Speaker 1: your take on what's going on in Syria. Greg then

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Speaker 1: will come back and talk about the markets as well.

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Speaker 1: President Trump says he's pulling out two thousand troops out

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Speaker 1: of Syria, which is the troops strength. We've got the

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Speaker 1: ground troops at least wants to pull them out. There's

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Speaker 1: been some kind of controversy. Some people are saying we

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Speaker 1: need to keep them in there to keep the Middle

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Speaker 1: East stable. I was a little surprised at that. I'm

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Speaker 1: not so sure we should even be in Syria. What's

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Speaker 1: your take. He's never been a fan of that. You know,

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Speaker 1: we wanted to get out over a year ago and

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Speaker 1: jam we had a false flag or attack, and then

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Speaker 1: he had the missile attack. And he's never been a

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Speaker 1: fan of Syria, and he likes results, not you know,

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Speaker 1: to keep doing this forever and ever. We got a

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Speaker 1: lot of debt, and I think he's looking at this

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Speaker 1: as a way to save money. And maybe he'll bring

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Speaker 1: the troops home. And maybe they're expecting some sort of

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Speaker 1: civil unrest. I don't know. We do have, you know,

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Speaker 1: a pretty much an open southern border whist. The mainstream

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Speaker 1: media doesn't like to tell you about that, but they've caught,

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Speaker 1: you know, the child trafficking, the human trafficking on our

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Speaker 1: southern border is massive, and it's it's probably worse than drugs.

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Speaker 1: As I was explained to me by a former Cifish.

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Speaker 1: You'll say, well, you know, if you do a line

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Speaker 1: of coke, that coke's gone. But if you have it,

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Speaker 1: you know, an eight year old kid, you can pass

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Speaker 1: them around for years before you harvest. There are organs

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Speaker 1: or whatever dreadful stuff they do to these people, So

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Speaker 1: you know, I listen, I think eighty percent of Americans

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Speaker 1: and I'm part of that percentage. I don't like we're

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Speaker 1: not invited in Syria. We are not there by treaty.

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Speaker 1: We are in Syria, and you know we should. You know,

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Speaker 1: Trump didn't say we're going to pull it back to Iraq.

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Speaker 1: We're still in Iraq, but we're invited to Iraq. We're

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Speaker 1: good with Iraq. I think they want us out now, though,

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Speaker 1: don't they. We're talking Iraq corans up. They're not happy

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Speaker 1: to we know with that either. But I don't know

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Speaker 1: if they'll fall. I don't know what the strategic importance is,

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Speaker 1: but I'm not do it. We went into Iraq reg

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Speaker 1: under a lie. They lied to us. Well, yeah, there

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Speaker 1: were no weapons of mass destruction. Here we are how

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Speaker 1: many years later that well fifteen. We went in there

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Speaker 1: in two thousand and three the second time. The second time,

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Speaker 1: so so it's, you know, we we have a I

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Speaker 1: think Trump is a very pragmatic person, and I think

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Speaker 1: he's you know, looking at the money, and he wants

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Speaker 1: to cut budgets, and he wants to cut things. Uh,

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Speaker 1: he doesn't want to cut the military, but he can

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Speaker 1: save money there and he and there's a lot of

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Speaker 1: people whose lives are you know, in harm's way in

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Speaker 1: that area. Also, you had a bizarre phone call. This

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Speaker 1: is this happened pretty fast after him and Irregan talked

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Speaker 1: on the phone. And I don't know if he was threatened.

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Speaker 1: Some people say he was blackmailed. I don't really believe that.

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Speaker 1: I think maybe Urda one said, hey, listen, if you

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Speaker 1: like to have your airbase up here, you'll leave Iraq

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Speaker 1: because we don't like, you know, the people that are

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Speaker 1: down there, um and we want to uh, you know,

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Speaker 1: with the Kurds. We think they're terrorists. So I don't

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Speaker 1: know how that's gonna gonna work after we leave. Now,

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Speaker 1: Rush is telling Turkey, don't don't invade Syria. We don't

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Speaker 1: want you any here either. You know, Turkey still is

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Speaker 1: a NATO member. Yeah, so I mean it sounds like

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Speaker 1: a reluctant one. And I think Trump just said, you know,

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Speaker 1: this is gonna get freaky, and maybe I just need

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Speaker 1: to backouts. Only two thousand troops and they can still

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Speaker 1: you know, come in from Iraq if they aren't leaving Iraq.

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Speaker 1: I don't think anytime soon they can still come there.

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Speaker 1: They're still gonna you know, possibly fly air missions uh

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Speaker 1: in the Syria. I don't know exactly how it's going

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Speaker 1: to go, but the troops are going to go out. Also,

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Speaker 1: it also puts a lot of tension in pressure on Israel.

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Speaker 1: It's been reported that they may hit the I think

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Speaker 1: there's ten military basis the Iran Iranians had in Syria

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Speaker 1: and so that's been a point of contention. This may turn,

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Speaker 1: you know, morph into a war with we're killing off ices,

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Speaker 1: which we've severely curtailed their um there. You know, their

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Speaker 1: a caliphate, and then it may turn into a war

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Speaker 1: where you know, Iran has their supreme leader has written

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Speaker 1: books about how to wipe them out. So you know

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Speaker 1: that maybe that's a hot spot that's it could be

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Speaker 1: a hot spot, and it could be something that that

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Speaker 1: you need to keep an eye on. Listen to more

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Speaker 1: Coast to Coast AM every weeknight at one am Eastern

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