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Speaker 1: Hello, everybody. Wanted to give everybody a little bit of

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Speaker 1: a briefing on now the second day of hostilities between

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Speaker 1: the United States and Iran, as well as the entire

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Speaker 1: Middle Eastern region, where multiple different countries have now been struck.

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Speaker 1: We have fatalities all across the Middle East and new

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Speaker 1: announcements as well of some major attacks with world changing implications.

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Speaker 1: Just at the top, I do want to give a

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Speaker 1: caution this is a fast moving situation. I'm going to

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Speaker 1: give reports, I'm going to caveat everything together, and I'm

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Speaker 1: going to try and say only when something is confirmed

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Speaker 1: and when something is of course reported. So let's start

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Speaker 1: with the most important news that has now been confirmed

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Speaker 1: by the Iranian regime, and this is of course the

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Speaker 1: death of the Ayatola Kahmane. This was announced by President Trump.

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Speaker 1: He says, Kahmane, one of the most evil people in history,

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Speaker 1: is dead. This is not only justice for the people

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Speaker 1: of Iran, but for all great Americans, those people with

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Speaker 1: many countries throughout the world that have been killed or

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Speaker 1: mutilated by Kamani. However, I do want to skip ahead

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Speaker 1: to the most important section here from Trump, perhaps seeking

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Speaker 1: an off ramp, which I will circle back to later.

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Speaker 1: This is the single greatest chance for the Iranian people

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Speaker 1: to take back their country. We are hearing that many

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Speaker 1: of the IRGC military and other security and police forces

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Speaker 1: no longer want to fight and are looking for immunity.

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Speaker 1: As I said last night, Now they can have immunity.

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Speaker 1: Later they only get death. Hopefully the IRGC and police

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Speaker 1: will peacefully merge with the Iranian patriots and work together

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Speaker 1: as a unit to bring back the country to the

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Speaker 1: greatness that it deserves. Obviously that would be a little

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Speaker 1: bit different, perhaps maybe even a Delsi Rodriguez style deal

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Speaker 1: that we could foresee in the future, but of course

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Speaker 1: that is not yet on the table. The Iranians continue

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Speaker 1: to fight. Just to give everybody a picture as to

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Speaker 1: how the current regime is now structured with the death

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Speaker 1: of the Ayatola, we're going to look here. The New

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Speaker 1: York Times actually has an interesting graphic. You can see

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Speaker 1: here at the top that the Ayatola has been killed,

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Speaker 1: that the head of the National Defense Council has been killed,

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Speaker 1: the Commander in chief of the IRGC, the Defense Minister,

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Speaker 1: the chief of staff of Iran's armed forces, the head

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Speaker 1: of the Military Bureau, the intelligence chief and the head

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Speaker 1: of the Iran's advanced weapons program. Much of the political leadership, however,

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Speaker 1: does remain intact or at the very least not dead yet.

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Speaker 1: So the president of course is alive, as well as

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Speaker 1: the Secretary of Supreme National Security Council and multiple other

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Speaker 1: top officials. There is actually a provision in the in

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Speaker 1: Iran which has a now trilateral kind of group which

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Speaker 1: is leading the country includes the president as well as

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Speaker 1: other leaders that have been pre established in the event

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Speaker 1: of the death of the Ayatola. So continuing obviously from

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Speaker 1: the political leadership level, we can go to some of

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Speaker 1: the attacks that have now happened, some as I said,

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Speaker 1: major fatalities now across the region. Perhaps most important is

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Speaker 1: one that happened just as I started recording. I'm just

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Speaker 1: going to go ahead and flag it to all of you,

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Speaker 1: with the major caveat that this is from the Irenian

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Speaker 1: state media has not yet been confirmed. Iran targeting US

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Speaker 1: aircraft carrier USS Abraham Lincoln using four ballistic missiles. Now, again,

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Speaker 1: this is something that was announced by the Iranian state media,

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Speaker 1: has not yet been confirmed by the United States. Obviously,

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Speaker 1: these carrier strike groups are equipped with air defense systems,

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Speaker 1: so it's relatively improbable that they might be able to

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Speaker 1: make impact. But of course it is showing that they

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Speaker 1: still have the capability to launch these ballistic missiles at

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Speaker 1: US assets, at Israel, and of course all around the Gulf.

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Speaker 1: As I mentioned with Israel, there was a major and

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Speaker 1: the most deadly attack now so far in Israel. There

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Speaker 1: has now been a mass casualty attack in Baite Schemesh.

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Speaker 1: I apologize for my pronunciation. This is from Israeli media

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Speaker 1: authorities report. Eight people killed, reportedly young children, are inside

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Speaker 1: a shelter sustained a direct hit. About thirty others have

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Speaker 1: been evacuated. An entire neighborhood has been reduced to rubble.

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Speaker 1: I'm going to go ahead and play some of this show.

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Speaker 1: You can see it, and you can actually see this

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Speaker 1: picture standing next to the husk of some of these

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Speaker 1: So I'm going to go ahead and play the video

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Speaker 1: just to give you an idea of what it looks

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Speaker 1: like inside of Israel in the aftermath of this attack,

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Speaker 1: so you can see that the Iranians still have capability

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Speaker 1: to inflict damage inside of the country. Remember, I will

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Speaker 1: also note that much of Israel is under a very

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Speaker 1: strict censorship regime. They're not allowed even foreign media to

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Speaker 1: share some of the footage of what's happening. There have

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Speaker 1: been major reports of huge strikes in the city downtown

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Speaker 1: Tel Aviv, as well as in Jerusalem. So that was

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Speaker 1: just video that we were able to get from that

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Speaker 1: particular site, but multiple people, foreign journalists on the ground

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Speaker 1: reporting huge strikes all across Tel Aviv with rubble, and

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Speaker 1: of course the entire country is often you know, air

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Speaker 1: raids and many of their population taking shelter. Turning to

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Speaker 1: the rest of the region, as I said, this is

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Speaker 1: a full blown regional war that we can all see now.

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Speaker 1: Perhaps most importantly, Iran has effectively shut down the airspace.

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Speaker 1: Of course, also with the United States and Israel and

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Speaker 1: their attacks in all of the golf So you can

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Speaker 1: see that there was a drone strike on Bahrain's airport

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Speaker 1: that happened early this morning. There were similar Iranian attacks

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Speaker 1: in Abu Dhabi, in Dubai and in Kuwait. So if

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Speaker 1: you've never flown through those airports, those are some of

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Speaker 1: the biggest hubs in the world. You know, you have

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Speaker 1: massive numbers of passengers, often from the United States and

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Speaker 1: the rest of the world transiting through the rest of Asia.

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Speaker 1: Some of the scenes coming out of the airport harrowing

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Speaker 1: and terrifying. I mean I myself, I've flown through those

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Speaker 1: Golf airports dozens of times in transit. So you can

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Speaker 1: just imagine being on a layover in a flight in Dubai,

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Speaker 1: you know, for example, which again literally millions of people

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Speaker 1: passed through that every year, and all of a sudden

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Speaker 1: you have smoke billowing. You have a drone attack that

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Speaker 1: strikes as well as in Bahrain and in Kuwait. So

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Speaker 1: this is clearly an effort by the Iranians to inflict

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Speaker 1: damage on US allies in the Gulf. And you can

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Speaker 1: also see that the Golf allies themselves, I don't know

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Speaker 1: if they were expecting this. I mean, you had downtown

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Speaker 1: du Buy, some of the most prestigious hotels that were struck.

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Speaker 1: You have Abu Dhabi again, the Borsh Khalifa, you have

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Speaker 1: some of these iconic structures which have all been struck. Often.

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Speaker 1: There's some intelligence now coming out that one of the

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Speaker 1: reasons that the Iranians are doing this is that many

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Speaker 1: US personnel may have evacuated actually to those airports, and

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Speaker 1: of course that's where the rich, the famous, and some

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Speaker 1: of the Westerners are staying in order to try and

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Speaker 1: inflict damage both on the prestige of the country, but

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Speaker 1: also to show their capabilities with those suicide drones, which

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Speaker 1: they're very well equipped and have honed in the war

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Speaker 1: in Ukraine. Turning a little bit now to the Abu

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Speaker 1: Dhabi again, this is insane video. Like just again as

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Speaker 1: somebody who has lived in the Gulf who has seen this,

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Speaker 1: you are looking here at Abu Dhabi with the skyline

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Speaker 1: and smoke just billowing out in the middle of the

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Speaker 1: day amid some of the construction cranes. This is some

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Speaker 1: of the video from some of the people who are

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Speaker 1: actually in the country. But I mean, it's absolutely just

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Speaker 1: shocking to see videos like this, and it has brought

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Speaker 1: airspace to a standstill in the Middle East, and there's

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Speaker 1: a lot of passengers who are actually stranded inside the country.

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Speaker 1: I just saw today Abu Dhabi is offering tourists that

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Speaker 1: they're going to pay for their hotels while they're stuck

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Speaker 1: inside of the country. So this is a full blown

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Speaker 1: regional conflict. We have strikes in Jordan and Bahrain and Kuwait,

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Speaker 1: any place you know, which is a US ally the

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Speaker 1: Iranians trying to make sure that the entire region feels

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Speaker 1: the pain in order to demonstrate what we laid out

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Speaker 1: very early on in our show is that for them,

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Speaker 1: they believe that this is a big one. They need

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Speaker 1: to try and establish some sort of credible deterrence or

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Speaker 1: go down fighting, and so far they don't yet seem

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Speaker 1: to be deterred. Current US reporting is claiming that approximately

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Speaker 1: half of Iranian ballistic missile launch sites have been destroyed. Now,

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Speaker 1: of course that's from the United States and from Israel,

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Speaker 1: so we don't know what the true number of that is,

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Speaker 1: but of course that still means that some fifty percent

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Speaker 1: are still active. And you have ballistic missiles and interceptors

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Speaker 1: which are all flying through the air in the Middle

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Speaker 1: East over US bases and riodd by the way, also

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Speaker 1: in Saudi Arabia. So this is I mean, absolutely insane.

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Speaker 1: Now so far zooming out a little bit for the

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Speaker 1: major geopolitical situation, What everybody always had their eyes on

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Speaker 1: with a potential Iranian conflict is the Straits of Hormuz,

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Speaker 1: and right now there are some very troubling reports now

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Speaker 1: coming out of the Straits of hormuves. There was initial

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Speaker 1: reporting that Iran had been going over VHF radio to

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Speaker 1: many of the ships in the Gulf telling them that

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Speaker 1: the Straits of Hormuz are closed. There were a few

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Speaker 1: ships that were able to transit. I believe that they

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Speaker 1: were Chinese flagged carriers. However, we do know this from

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Speaker 1: the west. From the financial times, insurers are going to

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Speaker 1: cancel policies and raise prices for ships in the Gulf

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Speaker 1: and the Straits of Hormuz. Brokers say that the costs

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Speaker 1: of coverage will increase by as much as fifty percent

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Speaker 1: after the conflict has erupted. War risk insurers submitted cancellation

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Speaker 1: policies for notices covering ships moving through the key oil

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Speaker 1: choke point. Prices will be set to rise fifty percent.

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Speaker 1: Of course, that's going to be passed on for all

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Speaker 1: of us in the price of oil. Insurance prices for

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Speaker 1: ships traveling through the Gulf had been about point two

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Speaker 1: five per percent of the replacement costs of the vessel.

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Speaker 1: That could now jump up as much by half, So

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Speaker 1: for example one hundred million dollars vessel, this would mean

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Speaker 1: an increase of two hundred and fifty to three hundred

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Speaker 1: and seventy five thousand per voyage. Insurance costs for ships

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Speaker 1: calling at Israeli ports will also be set to rise

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Speaker 1: by some fifty percent as underwriters are bracing for retaliatory

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Speaker 1: action by Iran. Cargo war Risk insurers, which cover commodities

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Speaker 1: on tankers, also said they were prepared to cancel policies

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Speaker 1: on Monday. After canceling policies, the insurers are then expected

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Speaker 1: to renegotiate coverage, obviously at higher prices. Pretty interesting, right,

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Speaker 1: A bigger question here about how insurers can just cancel

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Speaker 1: your policy if they want to. So Reuters reporting this

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Speaker 1: morning from oil analysts that you are probably set to

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Speaker 1: see a major increase in price of gas at the

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Speaker 1: pump starting this week. Oil is currently set to jump

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Speaker 1: at least ten percent on the Iran conflict, Analysts predicting

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Speaker 1: a go to some one hundred dollars per barrel. It

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Speaker 1: was between seventy two and sixty five dollars on the

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Speaker 1: close of markets on Friday, so it's pretty significant, almost

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Speaker 1: a thirty percent increase. Also, I talked about the airspace

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Speaker 1: shutdown that happened, Well, there has also been a major

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Speaker 1: shutdown in sea traffic not just in the Straits of Hormuz,

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Speaker 1: but the Dubai port. GP World will suspend Dubai operation

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Speaker 1: and MSc is stopping all Middle East bookings. And I

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Speaker 1: believe MRSK also announced that they would not be trafficking

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Speaker 1: through the Straits of Hormuz. So du Byport is one

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Speaker 1: of the I think believe this in ninth busiest port

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Speaker 1: in the entire world. Shut down for cargo, shut down

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Speaker 1: for a lot of LNG other oil assets moving through

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Speaker 1: the gulf. The Straits of horm moves. It's going to

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Speaker 1: be more expensive for them to take alternative routes as

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Speaker 1: well as oil production itself. I have seen video that

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Speaker 1: has come out of oil rigs in the sea that

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Speaker 1: have actually been struck by some suicide drones. So the

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Speaker 1: Raineyans are really throwing everything that they've got, which kind

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Speaker 1: of gets us to a bigger interesting question, and I said,

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Speaker 1: I would circle back to this is Trump's goal in

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Speaker 1: all of this. So Trump said a couple of very

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Speaker 1: interesting things. There was, of course, that report or sorry,

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Speaker 1: that truth social that I showed all of you where

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Speaker 1: he said that he potentially could give some sort of

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Speaker 1: Delsi Rodriguez style deal to some of the peace people

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Speaker 1: who were in the Delsi Rodriguez style deal, to some

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Speaker 1: of the IRGC. Wow. Actually, I apologiz. I'm gonna to interrupt.

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Speaker 1: This a huge news just coming across the screen. Unfortunate

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Speaker 1: that we have to be able to report this. US

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Speaker 1: Central Command three American soldiers are killed during the operation

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Speaker 1: against Iran. US Central Command here as of nine thirty

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Speaker 1: am Eastern time, March first, three US service members have

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Speaker 1: been killed in action, five seriously wounded as part of

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Speaker 1: Operation Epic Fury. Several other sustained minor shrapnel injuries and

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Speaker 1: concussions and are in the process of being returned to duty.

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Speaker 1: Major combat operations continue. Our response is ongoing. The situation

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Speaker 1: is fluid, so out of respect for the families, we

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Speaker 1: will withhold additional information, including the identities of our fallen warriors,

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Speaker 1: until twenty four hours after next of kin have been notified. Wow.

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Speaker 1: So I'm just taking that in live with all of you.

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Speaker 1: We have our first casualties, American casualties. We have hundreds

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Speaker 1: killed in Iran, including Ryan and his team. Reporting about

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Speaker 1: that girls' school that was struck. You have, you know,

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Speaker 1: at least eight have been killed now in Israel, and

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Speaker 1: this chaos is on Trump. He's unleashed this. Three families

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Speaker 1: are never going to see their kids again because of this,

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Speaker 1: because of this action, and that unfortunately could just be

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Speaker 1: the first that we may yet see to come. And

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Speaker 1: speaking of that, vein Sorry, I'm you know, just transitioning

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Speaker 1: hard on this. I'm just taking it in. It's so unbelievable. Oh,

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Speaker 1: that had happened so quickly, and does show that you've

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Speaker 1: already got their deterrence, and considering the escalation ladder, now

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Speaker 1: they're gonna have to keep climbing it. And I do

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Speaker 1: think that that's something that we're going to spend a

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Speaker 1: lot of time with on Monday. Is Donald Trump believed

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Speaker 1: that he could just unleash this chaos and suck it

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Speaker 1: back in. He's a gambler. He's like at the craps table,

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Speaker 1: who's on a hot roll, and everybody just keeps saying

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Speaker 1: one more, one warm on more, but seven is gonna

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Speaker 1: come up eventually. And already now we have three Americans killed.

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Speaker 1: That's more than an any other action that he has

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Speaker 1: ever taken, although of course he himself said, you know,

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Speaker 1: it was a sacrifice he was willing to make that

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Speaker 1: unfortunately does sometimes happen in a time of war. Well,

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Speaker 1: now what we have seen from those indications earlier. Remember

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Speaker 1: when I said he was offering that Delci Rodriguez style

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Speaker 1: deals to some of the IRGC. A shocking report coming

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Speaker 1: out of Israel. Let me go and put this up

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Speaker 1: here on the screen from Wynette. Trump seeks swift end

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Speaker 1: to Iran operation. The killing of Iran's supreme leader is

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Speaker 1: a major intelligence and military feat, but Tehran's regime has

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Speaker 1: not collapsed. A US official via mediator proposed in immediate ceasefire.

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Speaker 1: Iran rejected it outright as Trump looks for a quick exit.

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Speaker 1: Now again, I want to caveat this. This is in

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Speaker 1: Israeli media, although they of course have very good sources.

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Speaker 1: It could seem that he wanted this to be like

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Speaker 1: Midnight Hammer. You go in, you killed the Iyatola, you

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Speaker 1: shock the IRGC, and you say, you guys, make a

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Speaker 1: deal just like Delci Rodriguez, and I'll leave you alone.

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Speaker 1: He's even made some public comments about how they need

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Speaker 1: to call him to decide who's going to be the

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Speaker 1: next leader of the country. He's made some comments also

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Speaker 1: about how he's made some comments before about he can

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Speaker 1: keep this coming for a few days and then he

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Speaker 1: can pull back, or he can go quote do the

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Speaker 1: full thing. He's already floating multiple different types of scenarios. However,

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Speaker 1: what we have seen now is that Iran immediately responded

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Speaker 1: by reaching for the maximum of their escalation ladder. And

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Speaker 1: I want to be clear with Iran, their capabilities are

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Speaker 1: not extraordinary. They have claimed, oh, a new power that

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Speaker 1: the world has never seen. If they had it, they

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Speaker 1: would probably be using it now at this point. But

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Speaker 1: and this has always been the point. They've got the

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Speaker 1: suicide drones, they've got ballistic missiles, they've got the IRGC.

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Speaker 1: These are people who went toe to toe with the

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Speaker 1: United States in Iraq and we lost hundreds of people

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Speaker 1: to their roadside bombs. They know exactly how to do

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Speaker 1: an insurgency. That is their bread and butter. They can

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Speaker 1: inflict maximum damage here and already for me personally, I

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Speaker 1: don't know about all of you. My number has already

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Speaker 1: been read. My number was zero, the amount of American

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Speaker 1: lives that I thought was worth this type of operation,

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Speaker 1: and already we've exceeded that thanks to Donald Trump and

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Speaker 1: his entire administration. But it seems Trump is now in

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Speaker 1: this situation where he is grasping at straws potentially to

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Speaker 1: try and end this thing very quickly. He thought that

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Speaker 1: he could unleash this chaos and then suck it back in,

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Speaker 1: just like he did with Venezuela, just like he did

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Speaker 1: with Midnight Hammer. But he did not realize that when

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Speaker 1: he said freedom for the Iranian people in a destruction

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Speaker 1: of their regime, they might they might take that very seriously.

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Speaker 1: And so if this report is true, they've rejected this

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Speaker 1: cease fire demand outright, well, you can see that they're

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Speaker 1: wanting to fight a little bit more to establish real

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Speaker 1: credible deterrence such that this will never happen to them again. Already,

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Speaker 1: Israel and the United States have come in and have

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Speaker 1: killed their supreme leader, who, of course, look, he may

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Speaker 1: be somewhat unpopular in the country. Nobody really knows. There

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Speaker 1: were videos that came out of people celebrating. There were

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Speaker 1: also videos that came out of hundreds of people who

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Speaker 1: were mourning his death. I have no idea, right obviously,

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Speaker 1: neither do you. Despite whatever diaspora community might be marching

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Speaker 1: in the streets of Georgetown or of Tehran, diaspora communities

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Speaker 1: Marsharon Washington during their war in Iraq. It wasn't necessarily

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Speaker 1: reflective of the situation on the ground in Baghdad. I'm

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Speaker 1: of the Indian diaspora. Do you really think I know

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Speaker 1: what's going on on the ground in India? Should you

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Speaker 1: really listen to me as the total Barama or my

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Speaker 1: opinions for the barometer of how a billion people feel,

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Speaker 1: of whom I don't even really know that well because

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Speaker 1: I'm born and raised here. It's ridiculous. It's one of

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Speaker 1: the worst things that our media does is interview diaspora

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Speaker 1: people as if they're somewhat reflective of the people who

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Speaker 1: are back home. In fact, I often find that they're

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Speaker 1: the most out of touch. Includes me too, by the way,

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Speaker 1: on the situation whenever it comes to India, Mortaza Hussein

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Speaker 1: over at dropsite flagging an issue which is supremely important,

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Speaker 1: and we flagged from the very beginning. You will all

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Speaker 1: recall twenty five percent of US interceptors were twenty five

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Speaker 1: percent of US interceptors that interceptors were used in the

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Speaker 1: Twelve Day War. As Mortaza says, here, interceptors are running low.

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Speaker 1: This was the primary argument against starting a war in

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Speaker 1: the first place. Meanwhile, Iran is still firing missiles and

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Speaker 1: is estimated to have thousands left thanks to reconstitution assistance

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Speaker 1: from China. Responding to this report that I just showed

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Speaker 1: you all about the ceasefire alleged offer that was made

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Speaker 1: by Donald Trump, already we are. I mean, look, they're

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Speaker 1: never going to tell us the real number. They only

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Speaker 1: told us the twenty five percent number until much later

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Speaker 1: on as a result of some public reporting. We only

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Speaker 1: have several hundred of these interceptors. They're flying all over

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Speaker 1: the entire golf. We don't just have to protect our assets,

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Speaker 1: our people, the golf allies Israel. We don't have to

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Speaker 1: do it, but we're choosing to do it. Under this administration,

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Speaker 1: we could be at fifty percent, We could be at

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Speaker 1: seventy five percent in a matter of weeks. From what

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Speaker 1: I saw from some arms control activists. This will put

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Speaker 1: us in a very dangerous situation. They take years to restockpile.

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Speaker 1: We've taught talked about our military readiness, some of the

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Speaker 1: problems we have. We could have an insurgency, we could

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Speaker 1: have the who thies who are firing obviously in the

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Speaker 1: Straits of hor moves and trying to cause chaos there,

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Speaker 1: to inflict damage. Unfortunately, I think this he has unleashed

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Speaker 1: an absolute Pandora's box now in this region, and now

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Speaker 1: the escalation latter will only continue. We have three Americans dead.

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Speaker 1: How do you think this administration is going to respond?

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Speaker 1: So unfortunately, that's mostly what I have for all of

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Speaker 1: you today. I mean, Christill and I are gonna have

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Speaker 1: a multiple hour show tomorrow will break this down with

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Speaker 1: a lot of different people, various different guests. Thank you

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Speaker 1: to everybody who trusts us. A crazy and insane time

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Speaker 1: like this again, literally we're all processing it together. It's

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Speaker 1: world shaking events. And thank you to our premium subscribers

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Speaker 1: who enable all of this. We will see you all tomorrow,

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Speaker 1: and of course, caveat for everything from today. I've tried

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Speaker 1: my best to just stick to what's confirmed and what

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Speaker 1: is out there, and you know, of course, is moving situation.

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Speaker 1: Things are very fluid, and of course governments themselves, including hours,

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Speaker 1: including the Israelis, including the roundings, everybody, many have propaganda.

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Speaker 1: They may not be telling the truth. So the actual

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Speaker 1: casualty number, unfortunately could even be higher than what we

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Speaker 1: know as of right now. All right, we will see

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Speaker 1: you all tomorrow and again thank you all very much

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Speaker 1: for your trust in our channel at a time like this.