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Speaker 1: Epic fury. Is that a great name. Well, it's only

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Speaker 1: good if you win. You know you can all and

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Speaker 1: we've won. Let me say it, we've won.

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Speaker 2: I think we're at a very dangerous moment. It is

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Speaker 2: clear that the White House did little to no strategic

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Speaker 2: planning for this war. You can see that in the

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Speaker 2: shifting objectives, where at first this was a regime changed war,

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Speaker 2: then it wasn't it was to reobliterate the Iranian nuclear program,

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Speaker 2: and now that's not one of the objectives they list.

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Speaker 2: You can see it in the failure to plan to

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Speaker 2: get American citizens out of harms way in the Gulf,

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Speaker 2: to evacuate our embassies that were put in harm's way.

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Speaker 2: You can see this in the fact that they were

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Speaker 2: surprised that the Iranians have launched attacks against Gulf nations,

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Speaker 2: even though the Iranians have threatened that multiple times over

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Speaker 2: the years. And you see that, I think most of all,

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Speaker 2: in the White House's lack of any plan for Iran

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Speaker 2: closing the straight of horror moves, something that everyone that's

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Speaker 2: worked in the national security community can tell you has

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Speaker 2: always been their number one kind of.

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Speaker 3: Point of leverage ed card that they have the whole.

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Speaker 4: And now what you see.

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Speaker 2: Is a president who clearly gets that this is a

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Speaker 2: political problem for him. You can see a couple of

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Speaker 2: days ago he started trying to talk about how we

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Speaker 2: you know, we're getting close to ending the war, although

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Speaker 2: an hour later he'll come out and say, but we

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Speaker 2: still have weeks to go.

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Speaker 3: You can tell he feels the problem.

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Speaker 2: What I worry about now, Look, I think the president

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Speaker 2: is likely to end the war sooner rather than later.

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Speaker 2: I think the military campaign probably has two weeks or

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Speaker 2: so to go until it reaches its objectives. But the

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Speaker 2: President may decide to stop the bombing. That doesn't mean

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Speaker 2: Iran is going to end the war. They may decide

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Speaker 2: that they have lost all of their other deterrent measures.

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Speaker 2: They've lost their proxies that they had throughout the region.

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Speaker 2: Their missile program has been decimated, first in the attacks

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Speaker 2: last Yune and then over the course of the last

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Speaker 2: almost two weeks. The one deterrent they have is the

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Speaker 2: economic pain that they can cause us, and they may

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Speaker 2: decide that they want to ramp the pain up, even

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Speaker 2: if the President wants the war to end.

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Speaker 3: To send a message to Donald.

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Speaker 2: Trump in the future and to future American president and

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Speaker 2: future Israeli prime ministers that they do have leverage and

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Speaker 2: they're willing.

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Speaker 5: To use it.

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Speaker 6: You can disagree with the war, but not the war efforts.

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Speaker 6: We are accelerating these bombing runs and their offensive output

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Speaker 6: is collapsing. You have to look at it honestly, Like

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Speaker 6: these two colleagues to my left said, everything that the

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Speaker 6: Iranians have tried has failed.

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Speaker 3: They tried to have a war.

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Speaker 6: Of attrition, hunkered down, let us run out of munitions

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Speaker 6: and interceptors. That didn't work. They tried to hit the

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Speaker 6: Arab at eyes. All it did was force them into

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Speaker 6: America's arms. And then they tried to jack up the

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Speaker 6: price of oil so the base felt the paint at

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Speaker 6: the pump and the market could pressure Trump to take

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Speaker 6: a knee. That didn't happen. The market is stabilized, oils

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Speaker 6: down to eighty bucks a barrel, and right now the

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Speaker 6: strait's open. It's not completely, but they are moving tankers

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Speaker 6: and we have things we can do there. We can

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Speaker 6: use ships as centuries, we could do escorts, or we

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Speaker 6: could seize carg Island. And they just like turn off

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Speaker 6: their revenue with a little spigot. When Trump and Hegseth

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Speaker 6: say that we're only just getting started, or oh, they

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Speaker 6: ain't seen nothing yet. That's not saying the war's going

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Speaker 6: to last forever. That's a psyop to the Iranians to

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Speaker 6: say we're holding a lot back. We could be hitting

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Speaker 6: their electrical grids, bridges, oil depots. What we're doing is

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Speaker 6: that they act stupid. We're going to reserve those targets

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Speaker 6: for that punishment. Right now, we're almost executing this war compassionately.

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Speaker 6: This thing could be much much bigger. The timing of

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Speaker 6: the war is really intelligent because if you see the

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Speaker 6: volley of these drones and ballistic missiles, imagine five years

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Speaker 6: from now how much blood and treasure the American Alliance

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Speaker 6: would have to spend busting down these barrages to take

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Speaker 6: out the nuclear program. Their goal was to build a

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Speaker 6: shield around it, so we couldn't even consider the strike.

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Speaker 6: People have to be a little bit more patient. We

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Speaker 6: took ten years to nail bin Laden, two years for Melosovich,

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Speaker 6: eight months for Kadafi, nine months for Saddam. Hitler died

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Speaker 6: after six years. We got this guy in fifty seconds.

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Speaker 6: You have to acknowledge how great that was in years.

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Speaker 7: That way and imp they're trying to hit us.

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Speaker 8: Bat have you been briefed about how many Kauran sleeper

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Speaker 8: cells there could be inside the US right now? I

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Speaker 8: have been, and a lot of people came in through

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Speaker 8: a bike with this stupid open border.

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Speaker 9: But we know where most of them are.

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Speaker 7: We've got our eye on all of them.

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Speaker 4: I think is a dun thing.

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Speaker 8: They came in through the open border policies of sleepy

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Speaker 8: Joe Biden, one of the worst and the worst president

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Speaker 8: in the history of bout kuntry Tad.

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Speaker 4: We've got our eyes on all of them.

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Speaker 8: But the war it self is being prosecuted at the

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Speaker 8: level that nobody's seen before.

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Speaker 3: It's pretty it's pretty amazing to work.

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Speaker 10: I mean, if the US were to stop, why do

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Speaker 10: you think the the Iranians would continue?

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Speaker 11: It might be in part for the expression of domestic politics.

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Speaker 11: This is a regime that since nineteen seventy nine has

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Speaker 11: defined itself in part it's anti Zionists, but also anti American,

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Speaker 11: the Great Satan. Nothing that's happened, shall we say, in

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Speaker 11: the last two weeks, has changed.

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Speaker 4: Any of that.

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Speaker 11: They also want to show that they've got the ability

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Speaker 11: and will to push back. They may want reparations, They

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Speaker 11: certainly are going to want the relaxation of sanctions. So

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Speaker 11: by continuing to act against energy to make an impostile

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Speaker 11: for tankers to go through the straits, this gives them

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Speaker 11: an awful lot of leverage. My own sense is, no

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Speaker 11: matter what the President says, we are moving towards some

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Speaker 11: kind of a negotiation with Iran, and they want to

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Speaker 11: have some leverage, and by continuing the war that puts

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Speaker 11: pressure on the United States. They read the polls, they

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Speaker 11: look at stock markets, they look at the price of

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Speaker 11: energy internationally. They know that by continuing the war that

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Speaker 11: gives them an awful lot of leverage.

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Speaker 10: The parting by oil users as a means to keep

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Speaker 10: the oil crisis down in order.

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Speaker 8: To be in very good shape. You see it to

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Speaker 8: it's happenings. They are pretty much at the end of

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Speaker 8: the line. Doesn't mean we're going to end it immediately.

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Speaker 8: But they've got no navy, they've got no air force,

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Speaker 8: they've got no anti air traffic anything, they have no

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Speaker 8: systems of control. We're just riding re range over that

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Speaker 8: kind of station. And now we're going to look very

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Speaker 8: strongly at the straits. The Straits are in great shape.

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Speaker 8: We've knocked out all of their boats.

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Speaker 3: They have some.

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Speaker 8: Missiles, but not very many.

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Speaker 7: I think we're in very good We're very good shape.

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Speaker 12: I have to look, there are three huge challenges that

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Speaker 12: this administration has tackled. The first is that they should

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Speaker 12: have frankly moved on this on day one. They have

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Speaker 12: to keep the Straight of Hormost open. Yes, I don't

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Speaker 12: care what it costs. If they can't keep it open,

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Speaker 12: this war will in fact be an American defeat before

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Speaker 12: very long, because the entire world, including the American people,

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Speaker 12: will react to the price of oil if the strait

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Speaker 12: stays closed.

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Speaker 9: Right a long.

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Speaker 12: So I lived through this with Reagan as you did

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Speaker 12: in the late eighties. Keeping the strade open is the

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Speaker 12: number one job because it buys you time for the

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Speaker 12: two other jobs. The second job is we're going to

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Speaker 12: discover that the Revolutionary Guard is tougher than we thought

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Speaker 12: it was, better connected, and have at least two hundred

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Speaker 12: thousand people who are true believers, and they have no future.

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Speaker 12: I mean they Trump can say I'm conditional strunner. These

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Speaker 12: folks know if they lose power, they have no future.

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Speaker 12: The third challenge is how do you arouse and organize

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Speaker 12: the street the eighty five million or so people in

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Speaker 12: Iran who do not want the current regime, but they're unarmed,

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Speaker 12: they're unorganized, and that has to be solved. These sleep

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Speaker 12: problems are going to decide whether this was a stroke

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Speaker 12: of genius or frankly, step into quicksand. And I think

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Speaker 12: that the President has to focus very hard on solving

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Speaker 12: these three issues.

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Speaker 10: Jake reserves victory would also mean the enemy and at

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Speaker 10: surrogates would no longer be pouring missiles into northern Israel,

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Speaker 10: but they are again tonight. This is new video of it.

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Speaker 10: The President declared victory today and then just a few

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Speaker 10: minutes later he kind of undeclared it.

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Speaker 1: We don't want to leave early, do we.

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Speaker 9: We got to.

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Speaker 10: Finish the job, right, He said it several more times.

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Speaker 10: We've got to finish the job. Yet this morning he

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Speaker 10: also suggested there was little left to do telling axiosays

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Speaker 10: Barak Reviv, there was quote practically nothing left to target,

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Speaker 10: a little this and that, and saying quote anytime I

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Speaker 10: want to end, it will end now.

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Speaker 4: If you're not.

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Speaker 10: Already confused about that or whether we wont or not

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Speaker 10: listen to the President also today on what to even

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Speaker 10: call what we are or aren't yet winning.

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Speaker 4: And we did a little excursion.

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Speaker 13: We had to take this little couple of weeks, a

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Speaker 13: few weeks of excursion.

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Speaker 4: But it's been incredible. Our military is unbelievable, the job,

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Speaker 4: the ability. I would say to put it mildly, way

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Speaker 4: ahead of schedule. So I had to take an excursion.

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Speaker 13: But it's doing well. The market's holding up well, oil

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Speaker 13: will be coming down. That's just a it's just a

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Speaker 13: matter of war that happens where you could almost predict it.

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Speaker 6: You just said it is a little excursion and you

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Speaker 6: said it is a war.

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Speaker 4: So which one is it? Well, it's both. It's both.

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Speaker 13: It's an excursion that we'll keep us out of a war,

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Speaker 13: and the war is going to be uh, I mean

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Speaker 13: for them, it's a war for us.

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Speaker 4: It's turned out to be easier than we thought.

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Speaker 14: Publicly, President Chijiking's government is striking a more diplomatic tone,

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Speaker 14: calling for restraint. China's Foreign Minister Wang Yi says Trishan Chong,

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Speaker 14: this is a war that should never have happened, and

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Speaker 14: a war that benefits no one. China has long been

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Speaker 14: Iran's economic lifeline, Beijing buying most of their oil exports

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Speaker 14: despite years of US led sanctions, and now US officials

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Speaker 14: say they're watching signs Beijing could soon provide more crucial

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Speaker 14: financial support to Tehran. The war is shaking global energy markets,

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Speaker 14: oil prices surging to four year highs attacks threatening shipping

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Speaker 14: routes in the Middle East. For China, the world's biggest

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Speaker 14: energy importer, that's a serious risk wash Monding, But strategically,

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Speaker 14: Beijing may also see opportunity as the two superpowers compete

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Speaker 14: on the world stage, with the CIA putting out these

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Speaker 14: official recruitment videos brazenly and openly luring Chinese officials to

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Speaker 14: spy for the US. Analysts say a prolonged war could

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Speaker 14: pull American attention and military resources back to the Middle

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Speaker 14: East and away from Asia, allowing China to flex its

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Speaker 14: military muscle around Taiwan, in the South China Sea and

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Speaker 14: disputed islands near Japan without US interference.

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Speaker 15: We have crossed the rubicon here, Anderson. We're in a

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Speaker 15: very difficult situation. I believe it's important to carry out

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Speaker 15: what is left with a military campaign. I can't put

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Speaker 15: a time frame on that. I'm sure within Sencom they

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Speaker 15: have a sense, and they're probably briefing the presidents. But

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Speaker 15: if we cut this short and Iron has reconsolidated its

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Speaker 15: hardline elements within the system, which they appear to have done,

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Speaker 15: although we don't know exactly, and they can still reconstitute

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Speaker 15: because they have enough of the capability on the missiles

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Speaker 15: and the drones and maybe even the nuclear we could

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Speaker 15: be in an even worse position. And a final point,

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Speaker 15: Iran has had a strategic policy for decades anderson to

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Speaker 15: spread the revolution through terrorism, through proxies, and to deter

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Speaker 15: andy blow back inside their own borders. And they've done

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Speaker 15: that through what they see as deterrence. You said, very

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Speaker 15: good air defense systems has Bola very strong, used to

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Speaker 15: be very strong on Israel's border with hundreds of thousands

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Speaker 15: of missiles and rockets and missiles drones, so there was

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Speaker 15: a deterrence against an attack. It's one reason no president

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Speaker 15: has ever actually done this if you've taken out those

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Speaker 15: deturn elements. But they have now restored their deterrence because

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Speaker 15: they control the vital artery of the world and then

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Speaker 15: now demonstrated they can use it. And it really bites

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Speaker 15: you might actually come out of this where Iran might

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Speaker 15: be weaker, but they have deterrence against any future attacks.

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Speaker 15: So I'm looking at this strategically. It's a really precarious moment, Anderson,

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Speaker 15: and I think the President's mixed messaging is not helping.

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Speaker 3: It is a Thursday twelve March in the uarver or

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Speaker 3: twenty twenty six. We're gonna get to the bottom ball

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Speaker 3: all this, break it all down for you so you

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Speaker 3: can see every element of it and come to your

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Speaker 3: own conclusion, which is most important right now. We need

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Speaker 3: MAGA and we need the particularly the magagrassroots folks that

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Speaker 3: would be this audience to really think this situation through.

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Speaker 5: You're in the war room. We're going to start with

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Speaker 5: Jim Reckerds. We have Jim up in a moment. We

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Speaker 5: got Eric Bowling here. Eric Bowling called shot yesterday about.

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Speaker 3: The release of the the first off the IEA Patrolling Reserve,

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Speaker 3: which I think they said there's going to be four

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Speaker 3: hundred million barrels released, also the Strategic Patrolling Reserve. Anyway,

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Speaker 3: we'll talk about oil, the straits, the golf. We will

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Speaker 3: compare and contrast what you just heard. Jim Recerds, one

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Speaker 3: of the best geopolitical strategists and capital market strategists. We'll

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Speaker 3: start with us. We're absolutely packed this morning. You're hearing

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Speaker 3: the ward.

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Speaker 5: Take your phone out and text Bannon b A N

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Speaker 5: N O N at nine eight nine eight nine.

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Speaker 3: Eight Get the Ultimate guide for investing in gold and

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Speaker 3: precious Medals in the Age of Trump. Check it out today.

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Speaker 3: The it's no obligation, it's totally free.

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Speaker 9: Uh.

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Speaker 5: And you get and you get to get to Philip Patrick.

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Speaker 3: And Philip Patrick will be on the show this evening.

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Speaker 3: We'll go through all of this. Sure commercial break, Natasha

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Speaker 3: Owens will take you out.

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Speaker 5: Jim Rickards is going to bring you in.

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Speaker 16: Sweet Thank God the bubbles. What about a Kim Riley

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Speaker 16: Charlotte too hot?

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Speaker 7: S Hugh's your host.

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Speaker 9: Stephen k.

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Speaker 3: Okay, welcome back Philip Patrick tonight, Jim murckerds this morning.

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Speaker 3: So they can't get too better thinkers about this, I'm

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Speaker 3: gonna play new Gangritch and bring Jim on it. We

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Speaker 3: got to hear this Newt again because when you lose Newt,

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Speaker 3: of course, Newt's a regime change guy. Guardian newspaper has

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Speaker 3: a story this morning, very well sourced from Israeli intelligence

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Speaker 3: and Israeli political class about how they admit they were

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Speaker 3: not ready for and they wanted regime change. They basically

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Speaker 3: said it was a hope and a prayer. Do some

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Speaker 3: bombing and people are going to rise up. That's why

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Speaker 3: Netanyahu went public yesterday with you have to rise up

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Speaker 3: and overthrow, overthrow the eye told of the Mula is

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Speaker 3: the revolutionary guard. That's not happening, and that's because of

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Speaker 3: their many reasons. But the bombing on Saturay night, the

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Speaker 3: fire bombing of Tehran, made this a Persian nationalist situation.

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Speaker 3: So now we're in it. So everybody's talking about, hey,

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Speaker 3: why do we get in this? Yes, there'll be plenty

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Speaker 3: of time later for that, but we're in it now.

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Speaker 3: We're in it, and we need victory. Now we got

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Speaker 3: to define Victory'd be very precise about it. But this

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Speaker 3: is as dark as it possibly gets. Let's play new

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Speaker 3: gingrish No or bring Jim richardson.

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Speaker 12: Look, there are three huge challenges that this administration has tackled.

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Speaker 12: The first is that they should have frankly moved on

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Speaker 12: this on day one. They have to keep the strait

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Speaker 12: of our most open. Yes, I don't care what it

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Speaker 12: costs if they can't keep it open. This war will

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Speaker 12: in fact be an American defeat before very long, because

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Speaker 12: the entire world, including the American people, will react to

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Speaker 12: the price of oil if the strait stays closed right along.

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Speaker 12: So I lived through this with Reagan as you did

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Speaker 12: in the late eighties. Keeping this trade open is the

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Speaker 12: number one job because it buys you time for the

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Speaker 12: two other jobs. The second job is we're going to

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Speaker 12: discover that the Revolutionary Guard is tougher than we thought,

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Speaker 12: it was better connected, and have at least two hundred

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Speaker 12: thousand people who are true believers, and they have no future.

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Speaker 12: I mean the Trump can say I'm conditional strunner. These

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Speaker 12: folks know if they lose power, they have no future.

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Speaker 12: The third challenge is how do you arouse and organize

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Speaker 12: the street the eighty five million or so people in

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Speaker 12: Iran who do not want the current regime. But they're unarmed,

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Speaker 12: they're unorganized, and that has.

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Speaker 4: To be solved.

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Speaker 12: These sleep problems are going to decide whether this was

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Speaker 12: a stroke of genius or frankly, step into quicksand. And

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Speaker 12: I think that the president has to focus very hard

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Speaker 12: on solving these three issues.

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Speaker 3: I gave a speech in June and said, the problem

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Speaker 3: we have is not in Tehran. The problem we have

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Speaker 3: is in the streets of New York City. Mendami today

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Speaker 3: in a budget crisis. I think they are four or

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Speaker 3: five billion dollars short, and they're supposed to have testimony today.

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Speaker 3: His director, I think of his own b can't testify

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Speaker 3: because he's fasting for Ramadan. Have you've seen these photos

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Speaker 3: coming out of New York City and New Jersey over

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Speaker 3: the last couple of days. You understand they're in a

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Speaker 3: war of conquest here through solt power. We're in a crisis, folks.

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Speaker 3: Hope you take your number two ports a lot and

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Speaker 3: write that down. Jim rickards your thoughts and observation, Sir,

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Speaker 3: where are we? Is Jesse Waters right or is new

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Speaker 3: Gingridge right?

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Speaker 17: I take it Jesse Waters is a nice guy, but

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Speaker 17: he's on another planet. I listened very carefully to the

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Speaker 17: opening of the show and what he was saying in particular.

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Speaker 17: I mean, he got about everything wrong. But in fairness

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Speaker 17: to him, he's suffering the same confusion that I think

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Speaker 17: most analysts and commentators are suffering. We will talk about

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Speaker 17: that in a second. As far as New Gamwich is concerned,

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Speaker 17: he was exactly right.

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Speaker 4: So he said three issues.

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Speaker 17: You know, keeps straight open, disabled the Iran Revolutionary Guard

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Speaker 17: Corps or GC, and encouraging uprising the streets. So that's

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Speaker 17: the right analysis. But the United States is oh for three.

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Speaker 17: The Straits are not open. There are a lot of

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Speaker 17: reasons for out. They're not mined, there's no Iranian navy,

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Speaker 17: but the insurance companies won't underwrite the cargoes and the vessels.

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Speaker 17: The owners of the vessels, you know, Norwegians, Greeks, whatever

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Speaker 17: they want up through the owners of the cargoes, Chinese

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Speaker 17: and Asians, they don't want them blown up. The naval escort, fine,

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Speaker 17: but Ran still has a lot of land based power.

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Speaker 17: No air force, non navy, got it, no mines, but

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Speaker 17: they've got a lot of land based power. But what

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Speaker 17: Iran has done, they've started blowing up tankers in near

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Speaker 17: Basra in Iraq. They're not in the Straits of Remus.

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Speaker 17: You can't even get to the Straights. That the point is,

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Speaker 17: it's not the Straits for a choke point, obviously geographically, but.

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Speaker 4: It's not just this. It's not just the Straits.

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Speaker 17: They're blowing up tankers in the Persian Gulf all the

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Speaker 17: way up to a rack. And as long as that's

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Speaker 17: the case, then that traffic is closed. No one's going

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Speaker 17: to fill up a tanker, no one's going to set

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Speaker 17: under way. Now, Jesse Water said, you know, price of

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Speaker 17: oil spike two one hundred and twenty dollars, which you

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Speaker 17: did for about a minute. There was panic buying on Monday,

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Speaker 17: and it's back down to eighty. Well, he said, eighty

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Speaker 17: is right now, it's ninety five. I'd checked my ticker

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Speaker 17: a few minutes ago, so oil is ninety five dollars

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Speaker 17: a barrel. But regardless, it was sixty dollars a barrel

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Speaker 17: a month ago. So even if you go sixty to ninety,

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Speaker 17: that's a fifty percent increase. So okay, I forget one twenty.

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Speaker 17: That was a super spike. But even at ninety you're

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Speaker 17: going to shut down the global economy and you can't

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Speaker 17: even get the oil.

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Speaker 4: A ran revolutionary guard court.

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Speaker 17: Get rid of them. You got a good idea. They

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Speaker 17: control forty percent of the economy. They're not just an

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Speaker 17: armed force and a praetorian guard I any know, they.

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Speaker 4: Perform functions like that.

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Speaker 17: They controlled forty percent of the economy, the oil industry,

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Speaker 17: the transportation industry. You know, et cetera, go to minerals

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Speaker 17: and mining, et cetera. And they have for years. So

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Speaker 17: they're a military force in one sense, but they've really

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Speaker 17: taken over the Iranian economy. So you're you're talking about

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Speaker 17: shutting down a Ran as far as an uprising is concerned.

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Speaker 17: They had an uprising about two months ago and the uh,

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Speaker 17: the Iotota killed five thousand people, just gunned them down

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Speaker 17: in the streets. So you know, you want to be

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Speaker 17: the first one to you know, come out of your

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Speaker 17: apartment and start waving a banner.

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Speaker 4: I don't think so.

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Speaker 17: And it reminds me of you know, Dick Cheney's saying

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Speaker 17: when we you know, in the Gulf War, well two

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Speaker 17: thousand and three, when we get to Baghdad, they'll be

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Speaker 17: lining the streets for flowers and American flags ingredients.

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Speaker 4: Not what happened.

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Speaker 17: What you had was, you know, hundreds of thousands of

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Speaker 17: people killed there.

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Speaker 4: They didn't have guns. They're using electric drills to drill

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Speaker 4: people in the head. She has So we're repeating all.

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Speaker 3: But lebody say this if we started and the proposition

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Speaker 3: was and we hear this from Admiral Cooper and General

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Speaker 3: Kine every day on the military and Captain Fanel comes

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Speaker 3: on here and helps us walk through the degradation. If

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Speaker 3: we started with the nuclear program of whatever reality it was,

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Speaker 3: if you start with the radars, if you start with

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Speaker 3: the air defense systems, if you start with degrading their

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Speaker 3: ability to project power to you know, against Israel in

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Speaker 3: their golf neighbors as the starting proposition, and you weren't

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Speaker 3: for regime change.

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Speaker 5: Like we weren't.

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Speaker 3: The issue is, and the problem is is that they

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Speaker 3: the game has changed. The game has changed from Saturday

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Speaker 3: night when when you because there was this thought that

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Speaker 3: the Iranian people would would rise up, not the thirty

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Speaker 3: thousand that were killed a couple of months ago, but

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Speaker 3: or a month ago, but even more to overthrow this

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Speaker 3: this this radical and detested Islamic theology. But since the

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Speaker 3: Revolutionary Guarden, these guys have punch. They very They focus

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Speaker 3: on two things. This is why I said in the

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Speaker 3: first couple of days, folks, the center of gravity across

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Speaker 3: Vician sense is not Teyran and with they're bombing, it's

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Speaker 3: the golf. They're going after our golf allies. And they're

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Speaker 3: hitting desalination plants water, and they're hitting their oil storage

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Speaker 3: and refineries, and that's why Lindsey Graham comes on here

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Speaker 3: after five minutes julips on TV and says, hey, Saudi

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Speaker 3: Arabia will offer you a pact in perpetuity, right, but

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Speaker 3: you've got to step up here. You've got to start attacking.

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Speaker 3: And why the Golf Nations are not attacking Iran. What

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Speaker 3: they're doing is calling the President Nied States and saying,

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00:23:31,280 --> 00:23:32,320
Speaker 3: you've got to get us out of here.

437
00:23:32,680 --> 00:23:33,760
Speaker 5: We never signed up for this.

438
00:23:34,240 --> 00:23:37,800
Speaker 3: Plus the fact that with drone technology, I was there

439
00:23:37,800 --> 00:23:40,320
Speaker 3: at the beginning of this thing forty seven years ago.

440
00:23:40,359 --> 00:23:43,119
Speaker 3: My kid brother was a helicopter pilot on the Reasoner

441
00:23:43,240 --> 00:23:46,240
Speaker 3: USS Reasoner during the Tanker Wars that you talked about

442
00:23:46,240 --> 00:23:48,760
Speaker 3: with Reagan, the eighty six, eighty seven, eighty eight Tanker

443
00:23:48,800 --> 00:23:52,680
Speaker 3: Wars where American Navy had to escort these ships through.

444
00:23:53,000 --> 00:23:55,480
Speaker 3: As Captain Finella laid out the other day, the difference

445
00:23:55,560 --> 00:23:58,159
Speaker 3: is you didn't have drone technology that can swarm. The

446
00:23:58,240 --> 00:24:00,920
Speaker 3: Navy goes in to stop the speedboats from coming. Along

447
00:24:00,960 --> 00:24:03,600
Speaker 3: with that did the coal although that was anchored the

448
00:24:03,640 --> 00:24:06,840
Speaker 3: speedboats from coming and dropping a torpedo. And they have

449
00:24:07,000 --> 00:24:09,359
Speaker 3: some radars, but the radars is very tough in the

450
00:24:09,400 --> 00:24:11,800
Speaker 3: Persian Gulf in the Straits, as you know, Jim, for

451
00:24:11,880 --> 00:24:14,680
Speaker 3: those radars. Now you have this swarm technology of these

452
00:24:14,760 --> 00:24:17,720
Speaker 3: cheap drones that are just all over the place. The

453
00:24:17,920 --> 00:24:20,800
Speaker 3: Navy said today, the Secuary Energy said from the White

454
00:24:20,800 --> 00:24:23,399
Speaker 3: House this morning that the Navy's not going to be

455
00:24:23,440 --> 00:24:25,679
Speaker 3: prepared to even escort the ships to the end of

456
00:24:25,720 --> 00:24:28,200
Speaker 3: the month. And I'm telling people that's not a panacea.

457
00:24:28,400 --> 00:24:29,879
Speaker 3: It's not as simple say oh, we're going to put

458
00:24:29,880 --> 00:24:32,720
Speaker 3: a Navy combatant on every ship. It doesn't work like that.

459
00:24:32,760 --> 00:24:36,720
Speaker 3: It's quite difficult to legit. It's quite difficult on the

460
00:24:36,720 --> 00:24:39,760
Speaker 3: military evolution to actually escort the ships, and it's very

461
00:24:39,800 --> 00:24:42,960
Speaker 3: difficult today. And the Revolutionary Garden knows how to play

462
00:24:43,000 --> 00:24:46,280
Speaker 3: that game. Jim Rickards, Well.

463
00:24:46,240 --> 00:24:47,040
Speaker 4: That's exactly right.

464
00:24:47,160 --> 00:24:49,000
Speaker 17: If you want to lose the war and lose the

465
00:24:49,040 --> 00:24:51,720
Speaker 17: American people and lose Maigo all at the same time, just

466
00:24:51,800 --> 00:24:55,560
Speaker 17: have a Eulus Navy destroyer struck or badly damaged. It

467
00:24:55,600 --> 00:24:57,760
Speaker 17: doesn't even have to say the Navy said, we're not

468
00:24:57,760 --> 00:25:01,800
Speaker 17: going to escort these tankers because we can't secure the Navy,

469
00:25:01,920 --> 00:25:05,560
Speaker 17: which comes first. The key thing to all the steep

470
00:25:05,640 --> 00:25:10,879
Speaker 17: you have to separate the military performance from the strategic vision.

471
00:25:11,560 --> 00:25:14,560
Speaker 17: People mush them together. You've got to separate. The military

472
00:25:14,600 --> 00:25:18,639
Speaker 17: performance has been about flawless. We sank the Iranian Navy.

473
00:25:18,680 --> 00:25:23,640
Speaker 17: We sank their mind layers. We've eliminated practically all their

474
00:25:23,680 --> 00:25:28,000
Speaker 17: S three hundred s four hundred anti aircraft systems. We've

475
00:25:28,000 --> 00:25:32,159
Speaker 17: achieved air supremacy, which is one not higher than air superiority.

476
00:25:32,760 --> 00:25:35,560
Speaker 17: We've blown up a lot of their missile launchers, not

477
00:25:35,600 --> 00:25:36,160
Speaker 17: all of them.

478
00:25:36,440 --> 00:25:37,919
Speaker 4: We wiped out their leadership.

479
00:25:38,760 --> 00:25:40,720
Speaker 17: If we want to go into carg Island with Special

480
00:25:40,800 --> 00:25:44,280
Speaker 17: Operations Command, we haven't done that, but that's feasible. So

481
00:25:44,359 --> 00:25:48,240
Speaker 17: the military performance has been brilliant. You could say mission accomplished.

482
00:25:48,480 --> 00:25:51,960
Speaker 17: The problem is there's no strategic vision now. About four

483
00:25:52,040 --> 00:25:56,840
Speaker 17: or five days ago, President Trump said, I demand unconditional surrender.

484
00:25:57,240 --> 00:25:59,760
Speaker 17: There are only two presidents in US history who have

485
00:26:00,080 --> 00:26:01,399
Speaker 17: and unconditional surrender.

486
00:26:01,480 --> 00:26:03,240
Speaker 4: One of them is less he's es Grand in the

487
00:26:03,240 --> 00:26:03,640
Speaker 4: Civil War.

488
00:26:03,680 --> 00:26:05,840
Speaker 17: He wasn't president at the time, but he got the

489
00:26:05,920 --> 00:26:09,159
Speaker 17: nickname unconditional Surrender Grant and he achieved it. The other

490
00:26:09,200 --> 00:26:12,240
Speaker 17: one was FDR in World War Two, who, along with Churchill,

491
00:26:12,280 --> 00:26:16,159
Speaker 17: said we insist on unconditional surrender of the Nazis and

492
00:26:16,240 --> 00:26:18,040
Speaker 17: the Japanese and we got it.

493
00:26:18,080 --> 00:26:19,280
Speaker 4: They were both successful in that.

494
00:26:19,680 --> 00:26:22,480
Speaker 17: So those are those are powerful words.

495
00:26:24,359 --> 00:26:25,119
Speaker 5: Hang on one second.

496
00:26:25,160 --> 00:26:27,600
Speaker 3: I want to get into all this in the next break.

497
00:26:28,680 --> 00:26:30,240
Speaker 3: Rickords war Room dot Com.

498
00:26:30,240 --> 00:26:31,440
Speaker 5: It's a landing page.

499
00:26:31,720 --> 00:26:35,960
Speaker 3: You go there, you get access to Strategic Intelligence, which

500
00:26:36,000 --> 00:26:38,520
Speaker 3: is a newsletter read by chairman of the board, big

501
00:26:38,560 --> 00:26:42,160
Speaker 3: time investors CEOs throughout the world. It puts you right

502
00:26:42,240 --> 00:26:46,480
Speaker 3: into the c suite where you should be. It's predicated

503
00:26:46,520 --> 00:26:50,119
Speaker 3: on predictive analytics, of which we'll have Jim talk about

504
00:26:50,640 --> 00:26:55,200
Speaker 3: when he returns. Strategic Intelligence available for you now at

505
00:26:55,240 --> 00:26:59,560
Speaker 3: Rickords war Room dot Com.

506
00:27:00,119 --> 00:27:10,920
Speaker 7: Use your host Stephen k.

507
00:27:06,480 --> 00:27:10,520
Speaker 3: Okay Bowling, who had a called shot yesterday as he

508
00:27:10,560 --> 00:27:14,000
Speaker 3: has been on this situation. Oil as the trader's mentality.

509
00:27:15,040 --> 00:27:18,360
Speaker 3: Uh Bo French also running to head the Railroad Commission

510
00:27:18,520 --> 00:27:21,560
Speaker 3: in Texas, which is about the oil and gas industry,

511
00:27:21,600 --> 00:27:25,320
Speaker 3: not about the railroad industry. Uh and uh on deck

512
00:27:25,320 --> 00:27:29,320
Speaker 3: and Jim Murkerts with a Jim Murckerts continue on unconditional surrender.

513
00:27:29,320 --> 00:27:33,440
Speaker 3: Abraham Lincoln had his instrument to destroy the Confederacy in

514
00:27:33,480 --> 00:27:34,800
Speaker 3: the Army of Northern Virginia.

515
00:27:34,840 --> 00:27:35,959
Speaker 5: That was Ulysses S.

516
00:27:36,040 --> 00:27:39,760
Speaker 3: Grant, who understood that it had to be unconditional surrender

517
00:27:39,960 --> 00:27:43,639
Speaker 3: or the Confederacy would have fought on forever. Same with

518
00:27:43,960 --> 00:27:47,040
Speaker 3: Nazi Germany and UH and in Imperial Japan. You got

519
00:27:47,080 --> 00:27:49,520
Speaker 3: to tell him there's no way out of here. President

520
00:27:49,520 --> 00:27:54,240
Speaker 3: Trump put that message out a week ago. Continue on, sir, well.

521
00:27:54,280 --> 00:27:56,200
Speaker 17: Trump put that message out, and again the word is

522
00:27:56,320 --> 00:27:59,240
Speaker 17: very powerful. You talking about Grant an FDR. Then four

523
00:27:59,320 --> 00:28:02,600
Speaker 17: days later he says it's an excursion, you know, and

524
00:28:02,840 --> 00:28:05,359
Speaker 17: the technically might be expeditionary force folk excursion.

525
00:28:05,640 --> 00:28:05,760
Speaker 9: You know.

526
00:28:05,800 --> 00:28:09,679
Speaker 17: In nineteen sixteen, General Blackjack Pershing, one of only two

527
00:28:09,760 --> 00:28:13,080
Speaker 17: six star generals in US history, invaded at Mexico to

528
00:28:13,160 --> 00:28:15,160
Speaker 17: chase Pontcherville and then he got you know, and they

529
00:28:15,200 --> 00:28:15,680
Speaker 17: came back.

530
00:28:15,840 --> 00:28:16,840
Speaker 4: That's an excursion.

531
00:28:17,119 --> 00:28:19,560
Speaker 17: But my question for the president is which is is

532
00:28:19,560 --> 00:28:22,280
Speaker 17: an unconditional surrender or is it an excursion. I can

533
00:28:22,320 --> 00:28:24,760
Speaker 17: debate both of those, maybe you can even defend both

534
00:28:24,760 --> 00:28:28,360
Speaker 17: of those, but my point is they're projecting confusion. I mean,

535
00:28:28,400 --> 00:28:30,480
Speaker 17: you don't say there's two things within three days of

536
00:28:30,520 --> 00:28:33,119
Speaker 17: each other and expect people to think that you have

537
00:28:33,200 --> 00:28:35,240
Speaker 17: a coherent strategy, which they don't.

538
00:28:35,480 --> 00:28:37,360
Speaker 9: So this is the.

539
00:28:37,320 --> 00:28:40,160
Speaker 17: Problem now in terms of the other thing they Americans

540
00:28:40,200 --> 00:28:43,200
Speaker 17: don't understand. The White House does not understand, and I

541
00:28:43,240 --> 00:28:46,040
Speaker 17: don't know why they don't understand it. This is a

542
00:28:46,160 --> 00:28:49,440
Speaker 17: radical theocracy. They don't understand the religious aspect of this.

543
00:28:49,520 --> 00:28:52,480
Speaker 17: Samuel Huntington laid it out in nineteen ninety one and

544
00:28:52,480 --> 00:28:55,120
Speaker 17: the Clash of Civilizations. He said, take a map of

545
00:28:55,160 --> 00:28:57,280
Speaker 17: the world, put a transparency over it, and draw the

546
00:28:57,320 --> 00:28:59,560
Speaker 17: line where blood is being shed every battle in the world.

547
00:29:00,240 --> 00:29:02,320
Speaker 4: Take another transparency.

548
00:29:01,600 --> 00:29:04,360
Speaker 17: And draw a line where all where the religious divides

549
00:29:04,360 --> 00:29:08,040
Speaker 17: are overlay one on the other. They're the same, whether

550
00:29:08,080 --> 00:29:14,680
Speaker 17: it's Shia, Sunni, Christian, Islam, et cetera. Now the Muslim,

551
00:29:15,080 --> 00:29:18,240
Speaker 17: the Muslim these you know, particular shap Muslim, they welcome death.

552
00:29:18,440 --> 00:29:21,520
Speaker 17: They welcome it, they consider it the divine will of Allah.

553
00:29:21,720 --> 00:29:24,680
Speaker 17: They're going straight to paradise. There's even a thesis which

554
00:29:24,880 --> 00:29:27,320
Speaker 17: I don't have any strong evidence, but it's interesting that

555
00:29:27,680 --> 00:29:31,160
Speaker 17: they gather the Ietola and the head of the Revolutionary

556
00:29:31,160 --> 00:29:34,200
Speaker 17: Guard corone defense Minsure. They gathered intentionally knowing they were

557
00:29:34,200 --> 00:29:36,600
Speaker 17: going to be hunted down and killed, so they could

558
00:29:36,600 --> 00:29:39,160
Speaker 17: all die at once and be martyrs. That's the mentality

559
00:29:39,200 --> 00:29:41,920
Speaker 17: that is so distant from what people in the United

560
00:29:41,960 --> 00:29:44,360
Speaker 17: States and the White House think. They don't understand what

561
00:29:44,360 --> 00:29:47,640
Speaker 17: they're up against. So and the second, so going down

562
00:29:47,680 --> 00:29:52,080
Speaker 17: the list, regime change failure. We've had a leadership change,

563
00:29:52,360 --> 00:29:54,520
Speaker 17: but we haven't had regime change. Now we've got the

564
00:29:54,880 --> 00:30:00,400
Speaker 17: mini Iatola is Moshtaba is the son of I told

565
00:30:00,480 --> 00:30:02,880
Speaker 17: him many Uh, he's clearly a puppet. He's going to

566
00:30:02,920 --> 00:30:06,000
Speaker 17: do with the Iranian Revolutionary Guard. Core tell him he's

567
00:30:06,040 --> 00:30:09,240
Speaker 17: not a distinguished scholar. You know, he's got some mid

568
00:30:09,320 --> 00:30:14,160
Speaker 17: level you know uh uh, you know, religious credentials, but

569
00:30:14,200 --> 00:30:16,040
Speaker 17: nothing nothing, very saying he's just gonna do what he's

570
00:30:16,120 --> 00:30:18,200
Speaker 17: going to do. What he's told. He's a puppet the

571
00:30:18,200 --> 00:30:22,720
Speaker 17: Guard Corps running the country. So there's no uprising the Guard.

572
00:30:22,520 --> 00:30:25,720
Speaker 3: Because they're not they're they're they're not they're not into

573
00:30:26,240 --> 00:30:28,680
Speaker 3: they're not into they're not into hereditary So, boy, the

574
00:30:28,680 --> 00:30:34,160
Speaker 3: show's continuity. But what are they into? Because now we

575
00:30:34,200 --> 00:30:36,000
Speaker 3: were all for, hey, you get over there, get your

576
00:30:36,000 --> 00:30:38,360
Speaker 3: stuff done, get your punch list or your or what

577
00:30:38,400 --> 00:30:40,360
Speaker 3: the Navy and the and the Air Force are doing

578
00:30:40,440 --> 00:30:43,560
Speaker 3: with the uh with your degradation and then get an

579
00:30:43,560 --> 00:30:46,080
Speaker 3: offer and let's get the hell out of here. However,

580
00:30:46,680 --> 00:30:51,000
Speaker 3: the shift to go against the golf allies, which trust.

581
00:30:50,840 --> 00:30:51,720
Speaker 5: Me, they ain't allies.

582
00:30:51,840 --> 00:30:56,440
Speaker 3: Okay, we pretend they're allies because they're all bailing out

583
00:30:56,680 --> 00:31:00,560
Speaker 3: and going after the Straits or her moves. Although as

584
00:31:00,720 --> 00:31:05,280
Speaker 3: you know, it doesn't really affect right now the supply

585
00:31:05,400 --> 00:31:05,800
Speaker 3: of oil.

586
00:31:06,120 --> 00:31:08,160
Speaker 5: It disrupts it and the speculators get in there.

587
00:31:09,120 --> 00:31:14,080
Speaker 3: We've allowed the Iranians to change the nature of this conflict, correct,

588
00:31:14,240 --> 00:31:16,880
Speaker 3: and that's why new when you lose New Gingrish, when

589
00:31:16,920 --> 00:31:19,800
Speaker 3: you lose now Gan Grish, they've changed the nature of

590
00:31:19,800 --> 00:31:22,920
Speaker 3: the conflict. And so now the golf and keeping the

591
00:31:22,920 --> 00:31:25,080
Speaker 3: golf open becomes paramount, doesn't it.

592
00:31:26,160 --> 00:31:29,440
Speaker 17: That's exactly right there too. Theoretically, there are two kinds

593
00:31:29,440 --> 00:31:33,640
Speaker 17: of escalation. And you know President Eisenhower, I rank him

594
00:31:33,720 --> 00:31:37,200
Speaker 17: maybe top five presidents and me is brilliant. He once said,

595
00:31:37,480 --> 00:31:41,560
Speaker 17: when you can't solve a problem, enlarge the problem, make

596
00:31:41,600 --> 00:31:43,720
Speaker 17: the problem bigger, and then you might see the solution.

597
00:31:43,920 --> 00:31:45,720
Speaker 4: Now, in terms of escalation.

598
00:31:45,880 --> 00:31:48,000
Speaker 17: Vertical escalation if you want to call it, that is,

599
00:31:48,040 --> 00:31:50,240
Speaker 17: you know, my weapons are bigger than your weapons. You

600
00:31:50,280 --> 00:31:52,280
Speaker 17: send a bomb, I send a bigger BOMBA said, we

601
00:31:52,360 --> 00:31:54,720
Speaker 17: keep going up. That kind of is the dynamic that

602
00:31:54,840 --> 00:31:56,640
Speaker 17: was a play between the seventy Union and the US

603
00:31:56,760 --> 00:31:59,400
Speaker 17: during the Cold War. What the Iranian has done is

604
00:31:59,440 --> 00:32:02,080
Speaker 17: not vertical escalation. They can't do that. They can't match

605
00:32:02,080 --> 00:32:06,360
Speaker 17: this weapon for weapon. This is horizontal escalation. They spread

606
00:32:06,360 --> 00:32:09,000
Speaker 17: out the problem, they enlarged the problem, as Eisenhower would

607
00:32:09,000 --> 00:32:12,120
Speaker 17: put it. Yes, and now they're blowing up oil tankers,

608
00:32:12,280 --> 00:32:14,520
Speaker 17: not in the straits of removes, but interactive.

609
00:32:15,080 --> 00:32:16,920
Speaker 4: They're bombing Dubai.

610
00:32:17,040 --> 00:32:19,280
Speaker 17: I know people who are moving a lot of wealth

611
00:32:19,280 --> 00:32:22,240
Speaker 17: from Singapore to Dubai in recent months. They're like, hey,

612
00:32:22,360 --> 00:32:25,360
Speaker 17: singing ports little too close to China. Dubai look pretty safe,

613
00:32:25,440 --> 00:32:29,000
Speaker 17: not anymore that I've been there many times. There they

614
00:32:29,040 --> 00:32:32,600
Speaker 17: are places that are burning. They disabled to a great

615
00:32:32,640 --> 00:32:35,280
Speaker 17: extent that people don't know. The Fifth Fleet, the United

616
00:32:35,320 --> 00:32:38,280
Speaker 17: States Navy fifth Lead is based in Bahrain. They disabled

617
00:32:38,280 --> 00:32:42,000
Speaker 17: those port facilities. Those vessels might have to go to Diego, Garcia,

618
00:32:42,040 --> 00:32:45,680
Speaker 17: which is four days each way, and so they But

619
00:32:45,720 --> 00:32:47,720
Speaker 17: they've been doing this with Jones. They still have some

620
00:32:47,800 --> 00:32:54,360
Speaker 17: ballistic missiles they don't Yeah, they've been substantially degraded and

621
00:32:54,400 --> 00:32:58,760
Speaker 17: we have air supremacy. But they've widened the war very inexpensively.

622
00:32:58,800 --> 00:33:00,680
Speaker 17: By the way, as you know, there's own about ten

623
00:33:00,680 --> 00:33:04,320
Speaker 17: thousand dollars apiece. So yeah, they're driving a wedge between

624
00:33:04,520 --> 00:33:05,320
Speaker 17: the golf stays.

625
00:33:05,400 --> 00:33:08,080
Speaker 3: But here's here, okay, here's the question though, for those

626
00:33:08,160 --> 00:33:11,000
Speaker 3: of us, for those of for those of us that

627
00:33:11,040 --> 00:33:15,920
Speaker 3: were adamantly opposed to regime change, right, regime change is

628
00:33:15,960 --> 00:33:21,120
Speaker 3: new saying it. The reality are because of their ability

629
00:33:21,120 --> 00:33:24,440
Speaker 3: to have a vote in this, they've now forced the

630
00:33:24,520 --> 00:33:27,240
Speaker 3: issue around the golf in the straits of her moves

631
00:33:27,720 --> 00:33:31,280
Speaker 3: that you almost have to have a regime change. I'm

632
00:33:31,280 --> 00:33:34,160
Speaker 3: not saying I support that, but I'm saying just strategically,

633
00:33:34,760 --> 00:33:37,800
Speaker 3: otherwise they're going to continue on, and Ron's going to say, Hey,

634
00:33:37,840 --> 00:33:39,720
Speaker 3: for all the great American effort, for all the great

635
00:33:39,720 --> 00:33:43,280
Speaker 3: American military, for all the Israelis bombing us, we control

636
00:33:43,320 --> 00:33:45,920
Speaker 3: the golf. Sorry, Raby doesn't control it. A big tough

637
00:33:45,960 --> 00:33:50,120
Speaker 3: talking MBZ doesn't control it. The Americans don't control it.

638
00:33:50,240 --> 00:33:53,840
Speaker 3: We control it. Your thoughts, sir, well, I think that's

639
00:33:53,880 --> 00:33:54,440
Speaker 3: exactly why.

640
00:33:54,520 --> 00:33:56,240
Speaker 17: And by the way we've been talking, we talked about

641
00:33:56,280 --> 00:33:59,080
Speaker 17: the military aspects of this where our performance has been great,

642
00:33:59,120 --> 00:34:02,560
Speaker 17: but it was we're losing, and then we talk this

643
00:34:02,640 --> 00:34:05,080
Speaker 17: strategic aspect of it, which is a muddle. The White

644
00:34:05,080 --> 00:34:07,440
Speaker 17: House just says not had a clear message from day one,

645
00:34:07,880 --> 00:34:09,040
Speaker 17: and they still don't.

646
00:34:09,200 --> 00:34:10,560
Speaker 4: We haven't talked about the economy.

647
00:34:11,239 --> 00:34:13,480
Speaker 17: I mean, obviously, I've got to understands the importance of well,

648
00:34:13,640 --> 00:34:16,960
Speaker 17: you're going to drive the entire global economy into a

649
00:34:17,120 --> 00:34:21,640
Speaker 17: global recession at best and maybe a market panic because

650
00:34:21,840 --> 00:34:23,439
Speaker 17: and such as what we've been talking about it all

651
00:34:23,520 --> 00:34:27,279
Speaker 17: but natural guests. Gutter has declared force measure. It's a

652
00:34:27,360 --> 00:34:29,680
Speaker 17: technical legal term, but it says, you know, all those

653
00:34:29,719 --> 00:34:33,760
Speaker 17: contracts we signed, they're negated. You can't assume me, no damages,

654
00:34:33,880 --> 00:34:37,560
Speaker 17: no contractual lawsuits. I'm just not performing because a greater

655
00:34:37,680 --> 00:34:40,040
Speaker 17: force force measure has come into play.

656
00:34:40,280 --> 00:34:42,840
Speaker 4: Well, this is like forty percent of the world's natural guests.

657
00:34:42,880 --> 00:34:46,040
Speaker 17: The US has has a lot, Australia has some, but

658
00:34:46,120 --> 00:34:49,080
Speaker 17: not enough to make up the difference. Europe is going

659
00:34:49,120 --> 00:34:51,880
Speaker 17: to have to buy natural guests from Russia. Think about that.

660
00:34:51,920 --> 00:34:54,440
Speaker 17: In the last four years, Russia's horrible.

661
00:34:55,000 --> 00:34:59,920
Speaker 18: No, we're given what happened to We've given Russian Russia's

662
00:35:00,719 --> 00:35:03,400
Speaker 18: rush and Russia's playing both sides of given target information

663
00:35:03,480 --> 00:35:05,640
Speaker 18: to the Ranians and telling us how their their buddies

664
00:35:05,680 --> 00:35:07,040
Speaker 18: and they're going to play in India.

665
00:35:07,360 --> 00:35:08,120
Speaker 9: Let me let me.

666
00:35:09,800 --> 00:35:16,200
Speaker 3: The military performance, the valor of our arms, the courage

667
00:35:16,280 --> 00:35:20,480
Speaker 3: of our troops, the tenacity of our war making capabilities

668
00:35:20,920 --> 00:35:25,320
Speaker 3: in Korea and in Vietnam, in the Global War on Terror,

669
00:35:25,640 --> 00:35:28,520
Speaker 3: in Iraq, the march up country in Iraq and Afghanistan

670
00:35:28,640 --> 00:35:35,239
Speaker 3: originally with those volunteers, unparalleled can't be questioned because you

671
00:35:35,280 --> 00:35:37,480
Speaker 3: see the results of what these folks did in Korea

672
00:35:37,560 --> 00:35:40,160
Speaker 3: and Vietnam and the Global War on Terror. And guess

673
00:35:40,160 --> 00:35:44,960
Speaker 3: what we lost in Korea, we lost in Vietnam, and

674
00:35:45,000 --> 00:35:47,520
Speaker 3: we've lost in global war and terror. You've got Mandami

675
00:35:47,640 --> 00:35:50,960
Speaker 3: sitting on rugs having with the if Tar dinner or

676
00:35:51,040 --> 00:35:53,760
Speaker 3: whatever it is, sitting on rugs with the portrait of Washington,

677
00:35:53,840 --> 00:35:56,120
Speaker 3: and from in front of you. You've seen that in

678
00:35:56,120 --> 00:35:59,640
Speaker 3: New York City. You got that we're going to Brandon

679
00:35:59,680 --> 00:36:02,399
Speaker 3: hallow on here from Texas on the State Education Board.

680
00:36:02,480 --> 00:36:04,800
Speaker 3: You see what they're doing to change the history books

681
00:36:04,800 --> 00:36:09,000
Speaker 3: in Texas. Understand what I've been saying about it ain't

682
00:36:09,000 --> 00:36:12,719
Speaker 3: in Tehran. Where your problem is. They're coming here and

683
00:36:12,800 --> 00:36:16,320
Speaker 3: they're winning here. They controlled New York City and today,

684
00:36:16,360 --> 00:36:18,560
Speaker 3: in a middrum of a budget crisis, the director of

685
00:36:18,560 --> 00:36:21,240
Speaker 3: the budget can't talk because he's fasting for Ramadan.

686
00:36:21,960 --> 00:36:27,160
Speaker 4: Suck on that right. Korea and Vietnam and the.

687
00:36:27,120 --> 00:36:30,160
Speaker 3: Global war terror, we're here where we are today. Yes,

688
00:36:30,400 --> 00:36:33,240
Speaker 3: we've got a military in this training and the kids,

689
00:36:33,320 --> 00:36:36,279
Speaker 3: the young men and women that do it are the

690
00:36:36,320 --> 00:36:39,000
Speaker 3: best that we got, like they were the best in Vietnam,

691
00:36:39,080 --> 00:36:42,640
Speaker 3: and like they were the best in Korea. And looks

692
00:36:42,640 --> 00:36:45,000
Speaker 3: since World War Two we haven't had definitive victories.

693
00:36:45,120 --> 00:36:45,719
Speaker 5: Go ahead, sir.

694
00:36:46,640 --> 00:36:49,160
Speaker 17: We lost the war in Vietnam, but we never lost

695
00:36:49,200 --> 00:36:52,800
Speaker 17: a battle. We never lost a single battle in Vietnam,

696
00:36:52,840 --> 00:36:55,279
Speaker 17: but we lost the war. And something like that is

697
00:36:55,280 --> 00:36:58,080
Speaker 17: playing out and Iran today or in the Persian Gulf.

698
00:36:58,360 --> 00:37:01,320
Speaker 17: They'll go with the Marine Corps. After the Ted offensive,

699
00:37:01,320 --> 00:37:03,560
Speaker 17: I mean that was door to door street, the street,

700
00:37:03,640 --> 00:37:06,040
Speaker 17: that was urban fighting, and they prevailed. It was it was,

701
00:37:06,640 --> 00:37:08,800
Speaker 17: it was brutal, but they prevailed. We won that battle,

702
00:37:08,840 --> 00:37:09,759
Speaker 17: but we lost the war.

703
00:37:10,239 --> 00:37:10,439
Speaker 9: Uh.

704
00:37:10,480 --> 00:37:14,160
Speaker 17: And in Iran, like I said, we we sank the Navy, disabled,

705
00:37:14,160 --> 00:37:17,719
Speaker 17: the anti aircraft systems wiped out the leadership. If we

706
00:37:17,840 --> 00:37:21,160
Speaker 17: found you know, many many harmony today, I mean not

707
00:37:21,280 --> 00:37:24,440
Speaker 17: being glad it's his name, could mojaba. Let's say we

708
00:37:24,600 --> 00:37:26,800
Speaker 17: killed him and that that may happen. That could happen tonight.

709
00:37:27,400 --> 00:37:29,640
Speaker 17: They'll just pick somebody else. The point is that's not

710
00:37:29,719 --> 00:37:30,480
Speaker 17: regime change.

711
00:37:30,680 --> 00:37:33,360
Speaker 3: He's he's Trump. They don't really believe in heredita. They

712
00:37:33,440 --> 00:37:35,680
Speaker 3: did they did that. They did that to get in

713
00:37:35,719 --> 00:37:38,080
Speaker 3: Trump's grill. He's kind of a nobody. They did it

714
00:37:38,080 --> 00:37:41,400
Speaker 3: to true continuity. They don't believe in hereditary it's it's

715
00:37:41,480 --> 00:37:43,120
Speaker 3: kind of against her thing. They did it to say,

716
00:37:43,200 --> 00:37:46,160
Speaker 3: suck on this. Here's how much we fear you suck

717
00:37:46,200 --> 00:37:48,840
Speaker 3: on this because they're dead. Okay, okay, we got to

718
00:37:48,880 --> 00:37:51,240
Speaker 3: bounce Jim. I need go ahead, sir, go ahead.

719
00:37:51,719 --> 00:37:53,160
Speaker 4: I'm just gonna say, they'll keep doing it.

720
00:37:53,200 --> 00:37:55,480
Speaker 17: We could kill five more of supreme leaders and they'll

721
00:37:55,480 --> 00:37:57,719
Speaker 17: pick another one that's not regime change.

722
00:38:00,920 --> 00:38:01,120
Speaker 9: Jim.

723
00:38:01,160 --> 00:38:04,680
Speaker 3: Records Strategic Intelligence, give me a minute on why people

724
00:38:04,719 --> 00:38:06,760
Speaker 3: should care and why should they go to your site.

725
00:38:07,040 --> 00:38:10,040
Speaker 3: Why should they go to records worom dot com? Why

726
00:38:10,080 --> 00:38:11,600
Speaker 3: they should they subscribe?

727
00:38:11,760 --> 00:38:12,000
Speaker 5: Sir?

728
00:38:13,600 --> 00:38:16,160
Speaker 17: Thanks to you when you go to Records warroom dot com.

729
00:38:16,280 --> 00:38:20,680
Speaker 17: You can subscribe to our flagship publication. Strategic intelligence comes

730
00:38:20,680 --> 00:38:22,480
Speaker 17: at once another put a ton of work into it.

731
00:38:22,560 --> 00:38:26,840
Speaker 17: What's behind it? Our predictive analytics we have. We have

732
00:38:26,920 --> 00:38:28,880
Speaker 17: the best systems. And when I say that, you know

733
00:38:28,920 --> 00:38:33,400
Speaker 17: we're using based theory, behavior psychology, history, complexity theory, et cetera.

734
00:38:33,640 --> 00:38:35,640
Speaker 17: When I say we have the best systems, we have

735
00:38:35,800 --> 00:38:38,400
Speaker 17: the track record to back to back that up. We

736
00:38:38,480 --> 00:38:41,720
Speaker 17: called Brexit in twenty sixteen when it was seventy percent remain.

737
00:38:42,120 --> 00:38:44,960
Speaker 17: We called Trump's victory in twenty sixteen when it was

738
00:38:45,160 --> 00:38:48,800
Speaker 17: ninety two percent Hillary. We were the only forecaster, the

739
00:38:48,920 --> 00:38:51,399
Speaker 17: only one that' said three hundred and twelve electoral votes

740
00:38:51,440 --> 00:38:54,359
Speaker 17: in twenty twenty four, including Michigan, seven out of seven

741
00:38:54,400 --> 00:38:57,080
Speaker 17: swing states. You know, Nate Silver, there's other big names,

742
00:38:57,080 --> 00:38:59,040
Speaker 17: and not disparaging anyone. We were the only ones who

743
00:38:59,120 --> 00:39:01,279
Speaker 17: got that right. We have the track record to back

744
00:39:01,320 --> 00:39:03,640
Speaker 17: it up. But what we say to our readers is

745
00:39:03,640 --> 00:39:06,040
Speaker 17: we don't tell you what happened. We tell you what's

746
00:39:06,160 --> 00:39:07,440
Speaker 17: going to happen next.

747
00:39:08,040 --> 00:39:10,080
Speaker 4: That's our that's our hallmark, that's our.

748
00:39:10,040 --> 00:39:11,759
Speaker 3: Claim to fame. But we have the track record to

749
00:39:11,800 --> 00:39:17,400
Speaker 3: back that up. Thank you, sir, I appreciate you. Jim Records,

750
00:39:17,880 --> 00:39:20,319
Speaker 3: recordsworm dot com and if there wasn't a free book

751
00:39:20,360 --> 00:39:25,600
Speaker 3: on Fiat currency and artificial intelligence is to make your

752
00:39:25,719 --> 00:39:27,760
Speaker 3: night even the tougher.

753
00:39:28,320 --> 00:39:28,440
Speaker 7: Uh.

754
00:39:28,600 --> 00:39:31,319
Speaker 3: I've got about a minute here, bowling. I don't have

755
00:39:31,360 --> 00:39:35,279
Speaker 3: time to play what you did, dude, you're so good.

756
00:39:35,360 --> 00:39:38,840
Speaker 3: You told us, Hey, the i EA strategic reserve of

757
00:39:38,880 --> 00:39:44,160
Speaker 3: four hundred million, what is it? Barrels, the strategic patrolling reserve.

758
00:39:44,480 --> 00:39:47,879
Speaker 3: If you do it, it's going to go up if

759
00:39:47,920 --> 00:39:50,400
Speaker 3: we did it, and I think it. I think oil

760
00:39:50,440 --> 00:39:53,799
Speaker 3: went up eight bucks at one time. Tell us again,

761
00:39:53,880 --> 00:39:55,319
Speaker 3: give me thirty seconds for a break.

762
00:39:55,600 --> 00:39:57,719
Speaker 9: I'll so.

763
00:39:57,800 --> 00:40:00,360
Speaker 19: Last night we've been talking about how useless happening in

764
00:40:00,400 --> 00:40:03,400
Speaker 19: this spr is our whether it's the messacre international. Steve,

765
00:40:03,400 --> 00:40:06,400
Speaker 19: you texted me last night with the headline Axios by

766
00:40:06,440 --> 00:40:09,879
Speaker 19: the way, great call on that pipeline Axios headline saying

767
00:40:09,880 --> 00:40:13,160
Speaker 19: Trump said He's gonna tap our spr And my answer

768
00:40:13,200 --> 00:40:16,160
Speaker 19: to you was terrible idea. It's never worked and it

769
00:40:16,200 --> 00:40:19,120
Speaker 19: doesn't solve the problem. It just puts a piece of

770
00:40:19,120 --> 00:40:22,839
Speaker 19: gauze on a hemorrhage, and sure enough oil went straight up.

771
00:40:22,960 --> 00:40:26,400
Speaker 19: I'll just very quickly the reason why Steve oil traders

772
00:40:26,400 --> 00:40:29,720
Speaker 19: are smart. They realize there's no real plan to solve

773
00:40:29,800 --> 00:40:33,200
Speaker 19: this thing. Tapping an spr is very very temporary.

774
00:40:34,760 --> 00:40:35,080
Speaker 5: Hangar.

775
00:40:35,120 --> 00:40:39,200
Speaker 3: For one second, Bo French running to head the Railroad

776
00:40:39,200 --> 00:40:42,600
Speaker 3: Commission in Texas. That means the top oil and gas guy,

777
00:40:43,520 --> 00:40:48,120
Speaker 3: Eric Bowling in the pits with amazing insights and a

778
00:40:48,160 --> 00:40:49,919
Speaker 3: called shot yesterday right.

779
00:40:49,840 --> 00:40:52,160
Speaker 5: Here in the war. Sure commercial break back in.

780
00:40:52,080 --> 00:40:54,160
Speaker 9: A moment, we.

781
00:40:55,719 --> 00:40:56,960
Speaker 7: Let's take down.

782
00:40:59,280 --> 00:40:59,720
Speaker 4: Confuse.

783
00:41:00,680 --> 00:41:01,399
Speaker 5: Stephen came.

784
00:41:04,560 --> 00:41:07,239
Speaker 3: For those of you old enough to remember back to

785
00:41:07,280 --> 00:41:10,840
Speaker 3: the early seventies, the Arab oil crisis. Remember the lines

786
00:41:10,880 --> 00:41:14,160
Speaker 3: of cars around the corner, and one of the things

787
00:41:14,160 --> 00:41:16,920
Speaker 3: that brought down one of the many things that that

788
00:41:17,120 --> 00:41:20,799
Speaker 3: brought down Carter's presidency, but also with Nixon, there was

789
00:41:20,880 --> 00:41:23,759
Speaker 3: there was this big issue all of a sudden, the

790
00:41:23,760 --> 00:41:25,640
Speaker 3: Middle East, of which we had never really paid attention

791
00:41:25,640 --> 00:41:30,160
Speaker 3: that much attention to, all of a sudden became had

792
00:41:30,200 --> 00:41:33,560
Speaker 3: an impact in everybody's life. With that cartel that kind

793
00:41:33,560 --> 00:41:38,160
Speaker 3: of met in Geneva. Of these Arab nations, over producing nations,

794
00:41:38,719 --> 00:41:43,560
Speaker 3: based their uh based their cartel nature around a relatively

795
00:41:43,600 --> 00:41:46,279
Speaker 3: obscure institution in the Great State of Texas, and that

796
00:41:46,320 --> 00:41:49,160
Speaker 3: would be the Railroad Commission. Uh, it is not about

797
00:41:49,160 --> 00:41:51,560
Speaker 3: the railroads. It's about the control of oil and gas.

798
00:41:51,600 --> 00:41:53,719
Speaker 3: Bo French is running for that. And say the head

799
00:41:53,719 --> 00:41:56,000
Speaker 3: of it's a publicly elective office. Bo, you're in the

800
00:41:56,000 --> 00:41:59,160
Speaker 3: middle of this. Why is the Railroad Commission important?

801
00:41:59,160 --> 00:42:00,440
Speaker 5: Why should people pay attention?

802
00:42:00,560 --> 00:42:04,240
Speaker 3: And most importantly today when we talk about what's happening

803
00:42:04,280 --> 00:42:06,600
Speaker 3: in the streets or horror moves and carg Island, we're

804
00:42:06,600 --> 00:42:08,440
Speaker 3: going to send the eighty second Airborne in to seize

805
00:42:08,440 --> 00:42:11,800
Speaker 3: their assets we're taken incoming from drones. Why is the

806
00:42:11,840 --> 00:42:15,920
Speaker 3: position you're running for one of the most important positions

807
00:42:16,200 --> 00:42:18,360
Speaker 3: in the United States of America.

808
00:42:18,520 --> 00:42:21,439
Speaker 4: Sir, hey, thanks for having me on.

809
00:42:22,080 --> 00:42:23,000
Speaker 9: You're absolutely right.

810
00:42:23,440 --> 00:42:25,840
Speaker 20: Texas produces almost half of the oil and gas for

811
00:42:25,880 --> 00:42:29,560
Speaker 20: the United States. And as President Trump rightly recognizes, you know,

812
00:42:29,719 --> 00:42:33,040
Speaker 20: energy is national security. And so given the focus here

813
00:42:33,080 --> 00:42:37,400
Speaker 20: in Texas, given President Trump's focus on Venezuela, his focus

814
00:42:37,440 --> 00:42:41,160
Speaker 20: on Iran, his recent announcement two days ago of the

815
00:42:41,239 --> 00:42:45,080
Speaker 20: new you first and fifty years refinery that they're building

816
00:42:45,200 --> 00:42:47,920
Speaker 20: in South Texas, I think this just shows that he

817
00:42:48,280 --> 00:42:50,880
Speaker 20: recognizes how important it is and so I'm running for

818
00:42:50,920 --> 00:42:53,800
Speaker 20: this position because you know, I'm running against an incumbent

819
00:42:53,840 --> 00:42:57,520
Speaker 20: who performed the worst ever for an incumbent in an election,

820
00:42:57,560 --> 00:43:00,960
Speaker 20: which is why we're in a runoff, And because he's

821
00:43:01,080 --> 00:43:05,520
Speaker 20: straddled the industry with or excuse me, saddled the industry

822
00:43:05,840 --> 00:43:11,120
Speaker 20: with new regulations, environmental regulations, increased cost on operators, which

823
00:43:11,160 --> 00:43:12,080
Speaker 20: is just the wrong direction.

824
00:43:12,160 --> 00:43:13,920
Speaker 5: You know, we need energy dominance here.

825
00:43:13,760 --> 00:43:17,160
Speaker 20: In Texas, in the United States, and so you know, look,

826
00:43:17,239 --> 00:43:19,760
Speaker 20: I think that when you when you talk about energy,

827
00:43:19,800 --> 00:43:22,120
Speaker 20: when you talk about what's happening in the world, you know,

828
00:43:22,160 --> 00:43:24,719
Speaker 20: there's lots of criticisms to be uh, you know, thrown

829
00:43:24,760 --> 00:43:28,360
Speaker 20: around about how things are prosecuted, uh, you know, militarily

830
00:43:28,400 --> 00:43:30,040
Speaker 20: around the world. But I think at the end of

831
00:43:30,080 --> 00:43:32,080
Speaker 20: the day, what we have to do is and I

832
00:43:32,120 --> 00:43:34,760
Speaker 20: think this is really important. I never judge President Trump

833
00:43:34,760 --> 00:43:37,040
Speaker 20: on what he says. I always look at what he does.

834
00:43:37,480 --> 00:43:40,680
Speaker 20: And so we'll we'll see how this ends up in Iran.

835
00:43:41,000 --> 00:43:44,960
Speaker 20: But you know, control of the first largest oil reserves

836
00:43:44,960 --> 00:43:47,280
Speaker 20: in the world into Venezuela, the third largest oil reserves

837
00:43:47,280 --> 00:43:50,680
Speaker 20: in the world in Iran, Clearly, this is an important issue.

838
00:43:50,800 --> 00:43:52,840
Speaker 20: You know, when when just you know, a little military

839
00:43:52,880 --> 00:43:55,440
Speaker 20: action over there around the Straits and poor moves, you know,

840
00:43:55,520 --> 00:43:59,239
Speaker 20: spikes oil prices. I think consumers recognize how important the

841
00:43:59,280 --> 00:44:01,680
Speaker 20: flow of free flow of oil you know, around the

842
00:44:01,680 --> 00:44:02,520
Speaker 20: world really is.

843
00:44:02,960 --> 00:44:04,040
Speaker 5: And so given how.

844
00:44:04,000 --> 00:44:06,080
Speaker 20: Much we produce here in Texas, we need to be

845
00:44:06,120 --> 00:44:08,680
Speaker 20: producing more here in Texas. We need to be drilling more.

846
00:44:09,239 --> 00:44:13,520
Speaker 20: We need to free up our operators to produce more oil. Okay,

847
00:44:12,560 --> 00:44:14,120
Speaker 20: So I hear that.

848
00:44:14,160 --> 00:44:16,399
Speaker 3: I hear that if we want, if we want full

849
00:44:16,440 --> 00:44:19,040
Speaker 3: spectrum energy domans, I think a lot of people thought, well, hey,

850
00:44:19,120 --> 00:44:20,480
Speaker 3: we're there.

851
00:44:20,800 --> 00:44:21,600
Speaker 5: You're saying we're not.

852
00:44:21,840 --> 00:44:23,799
Speaker 3: So what is give me two or three things you're

853
00:44:23,840 --> 00:44:26,200
Speaker 3: going to do immediately to get us back to full

854
00:44:26,280 --> 00:44:29,640
Speaker 3: spectrum energy dominance from the state of Texas.

855
00:44:30,480 --> 00:44:31,400
Speaker 9: Yeah, you're exactly right.

856
00:44:31,560 --> 00:44:33,320
Speaker 20: The first thing is we're going to roll back the

857
00:44:33,760 --> 00:44:39,360
Speaker 20: new Biden era EPA type environmental regulations that they saddled

858
00:44:39,400 --> 00:44:42,000
Speaker 20: the industry with just this last July, so we really

859
00:44:42,000 --> 00:44:45,120
Speaker 20: haven't even felt the effects of those yet, which means

860
00:44:45,120 --> 00:44:47,960
Speaker 20: we can reduce the break even point for operators, which

861
00:44:48,000 --> 00:44:50,240
Speaker 20: is good for consumers, it's good for jobs in Texas.

862
00:44:50,719 --> 00:44:50,879
Speaker 1: Uh.

863
00:44:50,960 --> 00:44:52,520
Speaker 20: The other thing we have to do is they've had

864
00:44:52,520 --> 00:44:55,680
Speaker 20: this like bizarre obsession with DEI. We're going to roll

865
00:44:55,719 --> 00:44:58,840
Speaker 20: back all of the DEI contracts they've been they've been awarding.

866
00:44:58,880 --> 00:45:00,920
Speaker 20: We're just going to eliminate that to So those are

867
00:45:00,920 --> 00:45:02,880
Speaker 20: the two big things I would say. And then just

868
00:45:02,920 --> 00:45:05,759
Speaker 20: as a statewide elected official, you know iView that we

869
00:45:05,840 --> 00:45:08,600
Speaker 20: need to have elected officials who buy for the values

870
00:45:08,600 --> 00:45:12,200
Speaker 20: of America, right, and so just having that platform doing

871
00:45:12,239 --> 00:45:13,920
Speaker 20: what I've been doing for the last couple of years,

872
00:45:13,960 --> 00:45:17,560
Speaker 20: just being a fierce advocate America first warrior for the

873
00:45:17,640 --> 00:45:19,040
Speaker 20: values that make America great?

874
00:45:21,239 --> 00:45:21,399
Speaker 4: Bo.

875
00:45:21,520 --> 00:45:23,920
Speaker 3: Where can people find out more about you in your campaign?

876
00:45:23,960 --> 00:45:24,480
Speaker 5: Where they go?

877
00:45:25,520 --> 00:45:28,239
Speaker 20: Yeah, Steve, the best place is my website Boufrinch dot

878
00:45:28,280 --> 00:45:31,840
Speaker 20: com or on x I'm there prolific poster on x

879
00:45:32,080 --> 00:45:33,640
Speaker 20: BO French TX.

880
00:45:35,200 --> 00:45:38,040
Speaker 3: Comes in a little hot folks go to follow Bo

881
00:45:38,160 --> 00:45:42,520
Speaker 3: French one of the most important positions, elective positions in

882
00:45:42,600 --> 00:45:44,840
Speaker 3: this country. Thank you, Bo, appreciate you.

883
00:45:45,920 --> 00:45:47,880
Speaker 9: Thanks Steve. A real warrior right there.

884
00:45:49,440 --> 00:45:53,760
Speaker 3: So yesterday, twenty four hours ago, you did called shots

885
00:45:53,880 --> 00:45:56,960
Speaker 3: on this patrolling reserves and you also had some You've

886
00:45:57,000 --> 00:45:59,600
Speaker 3: had some ideas you've put forward to the White House.

887
00:46:01,400 --> 00:46:03,799
Speaker 3: So twenty four hours later, Bowling, as we rolled you

888
00:46:03,800 --> 00:46:09,560
Speaker 3: out of the rack, are you feeling better directionally where

889
00:46:09,600 --> 00:46:12,160
Speaker 3: this is going hopefully to the sunlit uplands?

890
00:46:12,640 --> 00:46:15,480
Speaker 5: Or is Eric Bowling not feeling better? Sir?

891
00:46:15,800 --> 00:46:18,839
Speaker 19: Now I'm feeling like we're saying heading into some bad lands.

892
00:46:18,880 --> 00:46:19,520
Speaker 9: A couple of things.

893
00:46:19,520 --> 00:46:23,400
Speaker 19: So, Steve, we talked yesterday about don't release sprs, certainly

894
00:46:23,440 --> 00:46:26,799
Speaker 19: not in America. Ours for emergency use only. We don't

895
00:46:26,800 --> 00:46:30,880
Speaker 19: have an emergency supply problem in America. And then you

896
00:46:31,000 --> 00:46:33,520
Speaker 19: texted me last night. Trump just said he's going to

897
00:46:33,600 --> 00:46:35,319
Speaker 19: release it. And I said, this is a terrible idea.

898
00:46:35,440 --> 00:46:35,919
Speaker 9: Sure enough.

899
00:46:36,280 --> 00:46:39,640
Speaker 19: Overnight oil traded on the Brent Crewed oil traded one

900
00:46:39,719 --> 00:46:42,400
Speaker 19: hundred dollars a barrel. We traded around ninety five dollars

901
00:46:42,400 --> 00:46:45,160
Speaker 19: a barrel in West Texas Intermediate. I would like to

902
00:46:45,160 --> 00:46:48,440
Speaker 19: tell you there's a and it won't work. We're releasing

903
00:46:48,440 --> 00:46:50,759
Speaker 19: the spr oil. It never works. It's a temporary and

904
00:46:50,840 --> 00:46:52,759
Speaker 19: I think traders realize that if this.

905
00:46:52,719 --> 00:46:55,520
Speaker 9: Is all we got. Oh, so what happens just now?

906
00:46:55,560 --> 00:46:59,200
Speaker 19: For some breaking news right now, per Reuters, Trump announces

907
00:46:59,280 --> 00:47:03,840
Speaker 19: that he's going to suspend this Jones Act.

908
00:47:04,400 --> 00:47:05,600
Speaker 9: Suspend the Jones Acts one.

909
00:47:05,560 --> 00:47:10,160
Speaker 19: Hundred year old Act law that will when he suspends it,

910
00:47:10,200 --> 00:47:13,520
Speaker 19: allow foreign tankers to help supply our ports, like right

911
00:47:13,560 --> 00:47:17,080
Speaker 19: now you have to have US built and manned tankers

912
00:47:17,320 --> 00:47:20,120
Speaker 19: that pull into US ports for one hundred years, that's happened.

913
00:47:20,400 --> 00:47:22,920
Speaker 19: It's been suspended a couple of times. Here's the point,

914
00:47:23,200 --> 00:47:27,600
Speaker 19: these spr releases and suspending these jones acting, they don't

915
00:47:27,600 --> 00:47:30,520
Speaker 19: have any effect. In fact, it was just announced and

916
00:47:30,600 --> 00:47:32,759
Speaker 19: oil is still over one hundred dollars a barrow for

917
00:47:32,800 --> 00:47:34,759
Speaker 19: the Brenton ninety five for US.

918
00:47:34,840 --> 00:47:36,759
Speaker 9: I'll tell you what's happening, Steve. I'm like it or not.

919
00:47:37,080 --> 00:47:39,799
Speaker 19: They've got the solution. I sent it in via of

920
00:47:39,840 --> 00:47:42,600
Speaker 19: you and me talking about it to all they have it.

921
00:47:42,640 --> 00:47:45,480
Speaker 19: I'm just hoping that they're going to show him and

922
00:47:45,520 --> 00:47:47,440
Speaker 19: they're not going to hold it back because they didn't

923
00:47:47,480 --> 00:47:49,920
Speaker 19: come up with it internally. Because the ideas they're coming

924
00:47:50,040 --> 00:47:54,399
Speaker 19: up internally, unfortunately are band aids on hemorrhages and it's

925
00:47:54,400 --> 00:47:56,239
Speaker 19: going to get worse. Oil price is going to go up.

926
00:47:56,239 --> 00:47:57,920
Speaker 19: And I will tell you this, I said this is you.

927
00:47:58,480 --> 00:48:00,680
Speaker 19: I'm going to play this oil market to go down.

928
00:48:00,400 --> 00:48:03,080
Speaker 19: I hope it gets one hundred and twenty because it's

929
00:48:03,160 --> 00:48:05,640
Speaker 19: going to be back at eighty seventy eighty dollars in

930
00:48:05,680 --> 00:48:08,480
Speaker 19: no time. There are so many simple solutions that, for

931
00:48:08,520 --> 00:48:12,319
Speaker 19: whatever reason, the administration seems to be ignoring compass.

932
00:48:12,520 --> 00:48:16,279
Speaker 3: Okay, let's take a let's take a.

933
00:48:16,000 --> 00:48:18,160
Speaker 5: Short commercial break. I'm gonna keep Eric.

934
00:48:18,200 --> 00:48:23,920
Speaker 3: We've also got the mass Deportation Coalition, huge story, one

935
00:48:23,920 --> 00:48:27,960
Speaker 3: of the leads stories in Politico today because why let

936
00:48:28,040 --> 00:48:32,360
Speaker 3: me hang on wait for oh poland just like, just like,

937
00:48:32,400 --> 00:48:34,840
Speaker 3: the Brownstone guys and doctor Jeffrey Tarker came out with

938
00:48:34,880 --> 00:48:37,960
Speaker 3: their massive polling about the Make America Healthy Again movement

939
00:48:38,680 --> 00:48:41,000
Speaker 3: and the reality where two thirds of the American people

940
00:48:41,080 --> 00:48:44,759
Speaker 3: support and many things of Bobby Kennedy's working on. So

941
00:48:44,880 --> 00:48:50,520
Speaker 3: you're going to be shocked. Folks in this country support deportations.

942
00:48:50,000 --> 00:48:52,520
Speaker 5: Lots of them. The math is there is going

943
00:48:52,600 --> 00:48:56,200
Speaker 3: To be presented Eric Bowling, Rosemary Jenks, Mike cow next

944
00:48:56,239 --> 00:48:56,680
Speaker 3: in the world