Latest / Breaking Points with Krystal and Saagar / 3/12/26: US Lies About Casualties, Trump Declares Victory, US Flagged Ship Struck

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3/12/26: US Lies About Casualties, Trump Declares Victory, US Flagged Ship Struck · Breaking Points with Krystal and Saagar

• 0:00
  Speaker 1: Hey, guys, Saga and Crystal here.
• 0:01
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  Speaker 1: dot com. Good morning, everybody, Happy Thursday. I have an
• 0:35
  Speaker 1: amazing show for everybody today. Who'll we be a.
• 0:36
  Speaker 3: Prystal massive, massive show today.
• 0:39
  Speaker 2: Trump admen caught lying about the number of American casualties,
• 0:43
  Speaker 2: something we and many others have suspected. Trump says that
• 0:46
  Speaker 2: we've won the war. Don't you guys feel amazing? Like
• 0:49
  Speaker 2: this thing is as all over?
• 0:50
  Speaker 3: He says, it's just a little excursion.
• 0:52
  Speaker 2: Meanwhile, oil prices are once again surging, even though there
• 0:56
  Speaker 2: was a massive release of reserves. More oil tankers, including
• 0:59
  Speaker 2: a US flag one have been struck by Iran, so
• 1:02
  Speaker 2: a lot to get into there. We've got two gigantic
• 1:04
  Speaker 2: guest Yiannis Farah Faucus is going to enjoy it, and
• 1:06
  Speaker 2: Robert Pape is going to join us to talk about
• 1:08
  Speaker 2: the escalation trap. Very excited to speak with both of them.
• 1:11
  Speaker 2: We've got some specific numbers about the amount of damage
• 1:14
  Speaker 2: being done inside of Israel, and we're going to take
• 1:17
  Speaker 2: a look at this allegation that Iran is planning to
• 1:21
  Speaker 2: drone strike California. See what we can make of what
• 1:24
  Speaker 2: is going on there, Sager, that's.
• 1:25
  Speaker 1: Right, d Thank you everybody who's been supporting our Showbreakingpoints
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  Speaker 1: our premium program. So thank you and please join them
• 2:04
  Speaker 1: if you can, we really appreciate. But before we get
• 2:06
  Speaker 1: to any of that, we have Ryan Graham standing by
• 2:09
  Speaker 1: for a special art date.
• 2:10
  Speaker 2: So, as you guys probably know, Drop Site News has
• 2:12
  Speaker 2: been facing a lawsuit in the UK because of a
• 2:16
  Speaker 2: piece of reporting they did about BBC and their reporting
• 2:19
  Speaker 2: on Israel and Palestine. And Ryan has this very significant
• 2:23
  Speaker 2: update in this lawsuits and we just wanted to quickly
• 2:25
  Speaker 2: bring that to everybody. Ryan, first of all, great to
• 2:28
  Speaker 2: see you. Second of all, give us a breakdown of
• 2:30
  Speaker 2: what is going on here.
• 2:32
  Speaker 4: Wonderful to see you guys, especially under these circumstances. And
• 2:36
  Speaker 4: let me start with a massive thank you to all
• 2:38
  Speaker 4: of the viewers of this program and all the readers
• 2:41
  Speaker 4: of Drop Site News. I was looking it up the
• 2:44
  Speaker 4: other yesterday we got I think more than four thousand
• 2:48
  Speaker 4: people donating to our legal defense against this lawsuit from
• 2:52
  Speaker 4: this BBC editor, which raised more than two hundred and
• 2:55
  Speaker 4: fifty thousand dollars so that we could hire this like
• 2:58
  Speaker 4: team of of lawyers who has been fighting this defamation
• 3:03
  Speaker 4: claim that was brought against us. So we just got
• 3:06
  Speaker 4: a ruling this morning in the key it's we don't
• 3:09
  Speaker 4: even need to get into how complicated the UK libel
• 3:11
  Speaker 4: law is. A key decision came down which finds that
• 3:15
  Speaker 4: the article is quote kind of honest reporting and so
• 3:19
  Speaker 4: that we're able to use the honest or honest opinion,
• 3:22
  Speaker 4: the honest opinion defense, which is what which is what
• 3:27
  Speaker 4: you want in cases like this. So if anybody can
• 3:30
  Speaker 4: be found to hell to hold the honest opinion, then
• 3:32
  Speaker 4: we win. So I expect he's not gonna go forward
• 3:36
  Speaker 4: with this anymore, but if he does, we'll we'll see
• 3:38
  Speaker 4: him in court.
• 3:38
  Speaker 1: But thirty second, rewind Ryan, what was the case about?
• 3:41
  Speaker 1: What was the claim? For those?
• 3:42
  Speaker 4: This was a top editor at the BBC sued over
• 3:46
  Speaker 4: a story that Owen Jones, British journalist wrote for US
• 3:51
  Speaker 4: about the BBC's bias coverage. The ruling is pretty interesting.
• 3:55
  Speaker 4: I'll just read this part and then I know you
• 3:56
  Speaker 4: guys got to get to the show. So this is
• 3:58
  Speaker 4: from the court. The court found that this was the
• 4:02
  Speaker 4: statement of opinion that we put forward in the article.
• 4:05
  Speaker 1: Quote.
• 4:07
  Speaker 4: The claimant, in his senior editorial role and as a writer,
• 4:10
  Speaker 4: has consistently failed to meet the BBC's editorial standards of
• 4:14
  Speaker 4: impartiality and fairness by shaping coverage of the Israel Palestine
• 4:19
  Speaker 4: conflict so as to favor Israel, including by editing the
• 4:23
  Speaker 4: BBC's coverage in ways that one promote the Government of
• 4:26
  Speaker 4: Israel's narratives and two failed to humanize Palestinians killed or
• 4:31
  Speaker 4: injured in the conflict, thereby producing biased and imbalanced journalism unquote.
• 4:36
  Speaker 4: So that's from the court, which is describing the opinion
• 4:41
  Speaker 4: that is established in our article, that has put forward
• 4:45
  Speaker 4: in our article, which is a ten thousand word investigation
• 4:49
  Speaker 4: into the BBC, not just into this editor, but he's
• 4:51
  Speaker 4: the one that ended up suing. So as long as
• 4:54
  Speaker 4: any honest person can hold that opinion, then we win.
• 5:00
  Speaker 4: Any honest person I think.
• 5:01
  Speaker 1: Frankly, well, congratulations, congratulations Ryan, and thank you for reminding
• 5:05
  Speaker 1: us why we should never do business in the UK. Why,
• 5:09
  Speaker 1: good lord, good lord.
• 5:10
  Speaker 4: They didn't sue us directly, They only sued him because
• 5:14
  Speaker 4: we're in the US, but we had told him when
• 5:16
  Speaker 4: he brought the story to us, if you get sued,
• 5:18
  Speaker 4: we'll have.
• 5:18
  Speaker 1: Your back on this, and you did so that's how
• 5:21
  Speaker 1: we got involved.
• 5:21
  Speaker 2: Anyway, he had thank you everybody that this could happen because.
• 5:24
  Speaker 4: He why you got to keep supporting independent journalism. If
• 5:27
  Speaker 4: it has the resources to fight back, it can do it.
• 5:30
  Speaker 1: That's right.
• 5:31
  Speaker 2: Well, congrats to you guys, Ryan, Congrats to Owen as well,
• 5:34
  Speaker 2: and you know, keep us updated on this. Very glad
• 5:37
  Speaker 2: to hear that this has gone the way that it
• 5:38
  Speaker 2: should go at this point.
• 5:40
  Speaker 1: Seriously, and just you know why you're here.
• 5:42
  Speaker 5: Ryan.
• 5:42
  Speaker 1: We should tell everybody this is why supporting YOURSHA or
• 5:45
  Speaker 1: your drop site, supporting Breaking Points is so important. If
• 5:48
  Speaker 1: you don't have resources, then when those lawyers come calling,
• 5:50
  Speaker 1: you are facing literal debts.
• 5:52
  Speaker 2: You can't do the story I mean to begin with,
• 5:54
  Speaker 2: because you know the possibility of the of the lawsuit,
• 5:57
  Speaker 2: and they use that threat to censor people from reporting
• 6:01
  Speaker 2: things that.
• 6:01
  Speaker 3: Need to be reported.
• 6:02
  Speaker 1: You guys have faced it. We've all faced it now
• 6:04
  Speaker 1: multiple times here at Breaking Points, and we're able to
• 6:07
  Speaker 1: use our size, our premius debscription and everything to just
• 6:09
  Speaker 1: tell everybody. Yeah, fuck you. You know, we'll see you later.
• 6:11
  Speaker 1: So great, Thank you very much. Ryan. We appreciate you, brother.
• 6:14
  Speaker 1: It it sounds crass.
• 6:15
  Speaker 4: You guys still have that that free month like people
• 6:18
  Speaker 4: should do it.
• 6:18
  Speaker 1: Yeah we did. Yeah, see Ry shameless than I a skipped.
• 6:23
  Speaker 4: The free months.
• 6:23
  Speaker 1: Just just pay the first month, come on, people. Yeah,
• 6:26
  Speaker 1: thank you, thank you Ryan. We appreciate you, man.
• 6:28
  Speaker 6: Guy.
• 6:29
  Speaker 1: Later turning now to a massive cover up in the
• 6:35
  Speaker 1: United States government, multiple casualties hidden from the United States
• 6:39
  Speaker 1: of America in that initial strike where multiple US service
• 6:42
  Speaker 1: members were killed. But before we even get to any
• 6:44
  Speaker 1: of that, Donald Trump on the campaign trail yesterday declaring victory.
• 6:48
  Speaker 1: One might even say mission accomplished in the war in Iran.
• 6:51
  Speaker 1: Let's take a listen. Is that a great dame.
• 6:55
  Speaker 6: Well, it's totally good if you win, you know, you
• 6:56
  Speaker 6: can only and we've won.
• 6:58
  Speaker 1: Let me tell it. We've won.
• 7:01
  Speaker 6: You know you'd never like to say too early you won.
• 7:03
  Speaker 6: We won.
• 7:03
  Speaker 1: We won the best in the first hour it was over.
• 7:06
  Speaker 1: Oh we won.
• 7:07
  Speaker 6: But they gave me a list of names that joff, sir,
• 7:10
  Speaker 6: you could pick the name you'd like, sir, I said,
• 7:13
  Speaker 6: the name of what the name of the attack on
• 7:17
  Speaker 6: a answer, and they gave me like twenty names, and I'm.
• 7:20
  Speaker 1: Like falling asleep.
• 7:21
  Speaker 6: I didn't like any of them. Then I see epic fury,
• 7:25
  Speaker 6: I said, I like that name.
• 7:28
  Speaker 1: I like that name. We won, and if you want
• 7:30
  Speaker 1: to see how much we're winning, let's put a two
• 7:32
  Speaker 1: up there on the screen. This just came out yesterday.
• 7:35
  Speaker 1: The Iranian drone attack in Kuwait that killed US service
• 7:37
  Speaker 1: members in the early hours of the war was more
• 7:40
  Speaker 1: severe than previously known. Dozens suffering injury that included brain trauma,
• 7:44
  Speaker 1: shrapnel trauma, burns. More than thirty remained in the hospital yesterday.
• 7:49
  Speaker 1: This was published yesterday with battle injuries one at Brooke
• 7:52
  Speaker 1: Army Medical Center in San Antonio, twelve at Walter Reid
• 7:55
  Speaker 1: here in the DMV area, twenty five at Lonstool in Germany.
• 7:59
  Speaker 1: Of those, about twenty arrived on a C seventeen military
• 8:01
  Speaker 1: transport aircraft at Lonstool on Tuesday with injuries the military
• 8:05
  Speaker 1: designated as quote urgent and requiring evacuation. More than one
• 8:09
  Speaker 1: hundred medical personnel were sent to Lonstool to assist. What's
• 8:13
  Speaker 1: even worse is that we can see how they initially
• 8:16
  Speaker 1: described the attack let's put that one up there on
• 8:18
  Speaker 1: the screen. This is what they said on the day
• 8:21
  Speaker 1: as if nine point thirty am, three US service members
• 8:24
  Speaker 1: have been killed in action, five are seriously wounded, several
• 8:26
  Speaker 1: others sustained quote minor shrapnel injuries and concussions, and are
• 8:31
  Speaker 1: in the process of being returned to duty. A straight
• 8:33
  Speaker 1: up lie there from the Pentagon, And if you want
• 8:35
  Speaker 1: to see how bad it was, a surviving US service member,
• 8:39
  Speaker 1: Sergeant first Class Corey Hooks actually described the moment that
• 8:43
  Speaker 1: that drone struck the Tactical Operations Center and what it
• 8:48
  Speaker 1: was like. You can see the injuries that he sustained.
• 8:50
  Speaker 1: Let's take a listen.
• 8:51
  Speaker 5: I remember turning my head to the left and I've
• 8:53
  Speaker 5: seen the nose of that drone pop through, and as
• 8:57
  Speaker 5: soon as it did, I knew what it was to say,
• 8:59
  Speaker 5: there whistle or drone, So I turned to my right
• 9:04
  Speaker 5: and that's when it blew up and just blew the
• 9:07
  Speaker 5: whole building park. Life is precious, precious, life is short.
• 9:12
  Speaker 5: You never know when you're going to be putting in
• 9:13
  Speaker 5: a situation like we were in.
• 9:17
  Speaker 1: Wow, it's tragic, Sergeant Hicks. I mean you could see
• 9:19
  Speaker 1: the injuries to his face to his hand, he's lucky
• 9:22
  Speaker 1: to survive, but there's so many of the of his
• 9:25
  Speaker 1: other comrades who are now literally languishing in hospitals. And
• 9:29
  Speaker 1: they lied to us, They lied to us completely. Also,
• 9:32
  Speaker 1: we should know, I think at least five were killed
• 9:34
  Speaker 1: in this attack. We don't know the exact number. But
• 9:36
  Speaker 1: don't forget about the other recent service members who we've
• 9:40
  Speaker 1: learned about who were killed in attacks on Saudi Arabia.
• 9:42
  Speaker 1: What's the wounded number there? What's the wounded number for
• 9:46
  Speaker 1: all the bases that we're about to show people which
• 9:49
  Speaker 1: have been attacked some seventeen different bases or sites in
• 9:52
  Speaker 1: the from the United States military, where we've had untold
• 9:55
  Speaker 1: billions of damage, but more importantly wounded service members. We
• 9:59
  Speaker 1: have no idea the number of casualties. We know that
• 10:02
  Speaker 1: the current numbers somewhere around one hundred and fifty. That
• 10:05
  Speaker 1: was just a couple of days ago. But you can
• 10:07
  Speaker 1: see right there what the cover up is currently happening
• 10:09
  Speaker 1: right now, and it only continues to escalate.
• 10:11
  Speaker 2: Well, and here's the thing, like all governments lie, and
• 10:14
  Speaker 2: actually democratic governments tend to, like small de democratic governments
• 10:18
  Speaker 2: actually tend to lie more because they have to bring
• 10:21
  Speaker 2: their population on board, so they have more of an
• 10:23
  Speaker 2: incentive to lie to their population. But this is something
• 10:26
  Speaker 2: different from the Trump administry, and what's different here and
• 10:29
  Speaker 2: we've seen this It reminds me of the lies around
• 10:32
  Speaker 2: Renee Good, the lies around Alex Pretty, the lies that
• 10:35
  Speaker 2: we've seen routinely from this administration. Where they have to
• 10:39
  Speaker 2: know that the video is going to emerge, They have
• 10:41
  Speaker 2: to know that the service members who survived are going
• 10:44
  Speaker 2: to come out and speak. They have to know that
• 10:46
  Speaker 2: the family members who lost what loved ones or whose
• 10:49
  Speaker 2: loved ones are now gravely injured, not just with minor
• 10:52
  Speaker 2: booboos the way they try to frame them to begin with,
• 10:55
  Speaker 2: are going to ultimately speak. They know this information is
• 10:58
  Speaker 2: going to come out, and yet they lie anyway. That
• 11:01
  Speaker 2: is what is so incredibly wild to me. And so,
• 11:04
  Speaker 2: you know, I think a lot of people are being
• 11:06
  Speaker 2: treated as conspiracy theorists for saying, like, are we getting
• 11:08
  Speaker 2: the real story about the overall casualty number, the number
• 11:12
  Speaker 2: of deaths, but specifically the number of injuries. And now
• 11:16
  Speaker 2: you know, those concerns about the fact that this government
• 11:19
  Speaker 2: just routinely lies about even things that you know are
• 11:22
  Speaker 2: going to come out eventually that has been completely that
• 11:25
  Speaker 2: concern has been completely validated. And so there's no reason
• 11:29
  Speaker 2: that you should trust any of the numbers that they
• 11:31
  Speaker 2: tell you. There's no reason you should trust anything they
• 11:34
  Speaker 2: tell you, because if they'll lie about something so basic
• 11:37
  Speaker 2: and so essential and so sensitive as the number of
• 11:41
  Speaker 2: US service members who were gravely who were seriously injured
• 11:45
  Speaker 2: in this initial attack, they will lie to you about
• 11:47
  Speaker 2: absolutely anything. And so we have no idea. I mean,
• 11:51
  Speaker 2: this is the information they're giving us now. But this
• 11:53
  Speaker 2: one attack, this has been you know, reported out. Some
• 11:55
  Speaker 2: reporter was able to get their hands on this. But
• 11:57
  Speaker 2: we have no idea the overall number of casualties. We
• 12:01
  Speaker 2: have no idea the amount of damage that has been done.
• 12:05
  Speaker 3: To our bases in the region.
• 12:07
  Speaker 2: We have no idea how much there was a leak
• 12:10
  Speaker 2: yesterday or to the Congress's brief that this has already
• 12:14
  Speaker 2: cost us over eleven billion dollars, the amount that they
• 12:17
  Speaker 2: are hiding from the American people, just you know, you
• 12:19
  Speaker 2: can't even begin to wrap your head around it.
• 12:21
  Speaker 1: This point is so unbelievable. And just to show you
• 12:24
  Speaker 1: the scale, let's go and put the next on up
• 12:27
  Speaker 1: there on the screen. At least seventeen US sites were
• 12:30
  Speaker 1: damaged in the war with Iran. These are all satellite
• 12:33
  Speaker 1: images from March. Second. Here's another thing I want to
• 12:36
  Speaker 1: fly to everybody, and I want to very much call
• 12:38
  Speaker 1: out these private satellite companies. For years news organizations, I
• 12:41
  Speaker 1: used to work at one of them. We had deals
• 12:43
  Speaker 1: with these private satellite companies where they would give you
• 12:45
  Speaker 1: up to date satellite imagery of some of these sites
• 12:48
  Speaker 1: which were involved. Let's say, with the military out of
• 12:50
  Speaker 1: the blue, all of these private satellite companies just said,
• 12:53
  Speaker 1: you know what, we're going to go on a two
• 12:54
  Speaker 1: week delay, so we have no idea what's actually happening
• 12:57
  Speaker 1: in the battlefield. So this is just what we know
• 13:00
  Speaker 1: about which have been damage. They'll let me read some
• 13:02
  Speaker 1: of the lists. Seventeen US sites damaged in the war
• 13:05
  Speaker 1: with Iran. Iran has responded with installations quote several of
• 13:10
  Speaker 1: which have been struck more than once. Their analysis is
• 13:13
  Speaker 1: currently based on high resolution commercial SATA imagery from a
• 13:16
  Speaker 1: couple of days ago. Remember, so it's not even currently
• 13:19
  Speaker 1: up to date. Thousands of missiles, many of them include
• 13:22
  Speaker 1: in Kuwait, we have the Bahrain, Saudi Arabia, Qatar, the UAE, Jordan,
• 13:30
  Speaker 1: and Iraq. All of these are US sites where you
• 13:33
  Speaker 1: have either US service member or US personnel which are
• 13:35
  Speaker 1: currently there. You have drone attacks, you have missile attacks.
• 13:38
  Speaker 1: Perhaps the most important ones are some of the fad
• 13:40
  Speaker 1: radar battery sites, which we've talked about here previously, and
• 13:44
  Speaker 1: you can actually see the damage. And again this is
• 13:47
  Speaker 1: some ten days ago that we're able to see the damage.
• 13:49
  Speaker 1: So God only knows what it is today when you
• 13:52
  Speaker 1: have escalating actions all across the entire Middle East. Hotels
• 13:57
  Speaker 1: where US personnel are staying. Remember still I haven't got
• 14:00
  Speaker 1: any casualty update on that. We know from the DD's
• 14:02
  Speaker 1: admission that there are all these service members which are
• 14:05
  Speaker 1: staying in these high priced hotels. Tons of these hotels
• 14:07
  Speaker 1: have been struck day after day. A couple of them
• 14:09
  Speaker 1: were struck just yesterday, right, and you have to imagine
• 14:12
  Speaker 1: whenever they're striking at certain floors, you know, it doesn't
• 14:14
  Speaker 1: seem to be random. There's very obviously maybe Russian intelligence,
• 14:18
  Speaker 1: Iranian intelligence, Chinese intelligence about where some of these people are,
• 14:21
  Speaker 1: in addition to the exact coordinates in many of their
• 14:25
  Speaker 1: civilian infrastructure. The Dubai Airport, by the way, let me
• 14:28
  Speaker 1: make sure everybody knows this. There's a story out literally
• 14:31
  Speaker 1: today where a British tourist who fired who filmed Iranian
• 14:36
  Speaker 1: missiles in Dubai is now facing two years in prison
• 14:40
  Speaker 1: and being charged with the cybercrime offense. So remember this.
• 14:43
  Speaker 1: You have no idea what's going on in Dubai. You
• 14:46
  Speaker 1: have no idea what's going on in Qatar. We barely
• 14:49
  Speaker 1: have any idea what's going on in Israel. The video
• 14:52
  Speaker 1: we're able to show you soon that Israel allowed to
• 14:55
  Speaker 1: be released is only because they're going to use that
• 14:57
  Speaker 1: video as a pretext for a massive ground invasion of Lebanon.
• 15:00
  Speaker 1: So everything that we're able to see is totally controlled
• 15:04
  Speaker 1: by all of these governments. And these commercial satellite images
• 15:07
  Speaker 1: are the closest that we get, only from ten days
• 15:10
  Speaker 1: ago showing damage to all of these different sites. Our
• 15:13
  Speaker 1: friend Brandon Wiker, he described one of these bases as
• 15:15
  Speaker 1: he's like, it looks like Gaza, it looks like Conunists,
• 15:18
  Speaker 1: and this is just from Iranian drones and missiles. So
• 15:21
  Speaker 1: I mean, God help our troops who are stationed and
• 15:24
  Speaker 1: have to sustain fire underneath these circumstances. We're going to
• 15:28
  Speaker 1: talk here in a little bit about the oil tankers.
• 15:30
  Speaker 1: I mean it's apocalyptic, not just Tehran. You have ships
• 15:33
  Speaker 1: in the middle of the ocean just getting struck and
• 15:35
  Speaker 1: going up in flames. Those storage facilities in Oman. I
• 15:39
  Speaker 1: think ten different countries were involved in an attack yesterday.
• 15:43
  Speaker 1: Ten were embroiled in the war. It's a full blown
• 15:46
  Speaker 1: world war now we have troops covered up. It is
• 15:49
  Speaker 1: a nightmare.
• 15:50
  Speaker 2: The possibility of it's spilling over to the Horn of
• 15:51
  Speaker 2: Africa as well, because Israel wants to take up a
• 15:54
  Speaker 2: position they're in order to hit back at the Hufis,
• 15:58
  Speaker 2: who may also be joining the cons it appears.
• 16:01
  Speaker 3: So it's an absolute mess.
• 16:02
  Speaker 2: And to Soccer's point, these are all of them are authoritarian,
• 16:06
  Speaker 2: and to include Israel, our authoritarian countries, and so yeah,
• 16:10
  Speaker 2: they are not allowing anyone to post the damage because
• 16:13
  Speaker 2: for them it's embarrassing.
• 16:14
  Speaker 1: You know.
• 16:14
  Speaker 2: For the Iranians, there's a different incentive where you know,
• 16:17
  Speaker 2: we're we actually see more of the damage there because
• 16:21
  Speaker 2: they want to show the brutality of the US and
• 16:24
  Speaker 2: Israeli attacks. For the US, a big part of the
• 16:26
  Speaker 2: goal here is to save faith. I mean, that's a
• 16:30
  Speaker 2: big part of what the risk is for the US
• 16:33
  Speaker 2: in this conflict, which is already I mean already, they
• 16:36
  Speaker 2: have sustained significant damage in terms of our ability to
• 16:40
  Speaker 2: project that we are invincible, that you can't mess with us,
• 16:43
  Speaker 2: that you don't mess with us, that we are the
• 16:45
  Speaker 2: big bully on the block. And so they are highly
• 16:48
  Speaker 2: incentivized to hide all of the damage to our facilities,
• 16:51
  Speaker 2: to our radars, to our thad battery systems, also to
• 16:54
  Speaker 2: you know, our service members themselves. One more indication of
• 16:58
  Speaker 2: how high the casualty numbers are. And this had come
• 17:00
  Speaker 2: out a few days ago and was one of the
• 17:02
  Speaker 2: things that people were kind of scratching their heads about.
• 17:04
  Speaker 2: Put this next thing up on the screen, lonstool. This
• 17:07
  Speaker 2: largest US military hospital abroad paused some services like labor
• 17:11
  Speaker 2: and delivery because of the war with Iran, meaning that
• 17:14
  Speaker 2: they were having to take in enough injured service members
• 17:19
  Speaker 2: that they had to prioritize that over some of the
• 17:23
  Speaker 2: other normal services like labor and delivery that you know,
• 17:26
  Speaker 2: any hospital but this one included would typically offer. So
• 17:30
  Speaker 2: that came out a number of days ago and people
• 17:32
  Speaker 2: were going, Okay, well, if we're only being told by
• 17:35
  Speaker 2: the government, there were like, oh, just this handful of
• 17:37
  Speaker 2: minor wounds. This doesn't track with the largest military hospital
• 17:41
  Speaker 2: abroad having to completely see certain operations in order to
• 17:45
  Speaker 2: care for wounded service members. We also have an update
• 17:49
  Speaker 2: on you know now put a eight up on the screen. Obviously,
• 17:53
  Speaker 2: news organizations had already all but proved that the strike
• 17:56
  Speaker 2: on the girls' school that killed some one hundred sixty
• 18:00
  Speaker 2: eight young children, young girls, that that came directly from
• 18:05
  Speaker 2: the US.
• 18:06
  Speaker 3: Well, now we have.
• 18:07
  Speaker 2: Reporting that our own preliminary inquiry that is happening internally
• 18:11
  Speaker 2: here also found the US to be at fault. And
• 18:15
  Speaker 2: it's still a question about exactly how this, how this happened.
• 18:21
  Speaker 2: There appears to have been you know, sort of old
• 18:24
  Speaker 2: intelligence that was used to target the school. The school
• 18:27
  Speaker 2: site used to be part of a military base. Obviously
• 18:30
  Speaker 2: now it is no longer part of a military base.
• 18:32
  Speaker 2: It was a children's school, a girls school, And there
• 18:35
  Speaker 2: continues to be a question over whether or not Claude
• 18:38
  Speaker 2: the Anthropics AI was implicated in helping to create this
• 18:43
  Speaker 2: faulty information. And when you come up with these targets,
• 18:46
  Speaker 2: this isn't just like a one step sign of it's
• 18:48
  Speaker 2: not supposed to be. It's supposed to go through multiple
• 18:51
  Speaker 2: layers of approval, including checking the most recent satellite data
• 18:56
  Speaker 2: to you know, to make sure that what you're targeting
• 18:58
  Speaker 2: is what you think you are target So, still huge
• 19:01
  Speaker 2: questions about how this happened. And then of course the
• 19:03
  Speaker 2: fact that there's reporting that this is a double tap
• 19:05
  Speaker 2: strike adds, you know, increasing increasingly dire questions about exactly
• 19:11
  Speaker 2: what the hell happened here. Trump was asked about this
• 19:15
  Speaker 2: and continues to you know, continues to pretend like he
• 19:18
  Speaker 2: has no idea about it, he doesn't know what's going on.
• 19:20
  Speaker 3: You recalled it.
• 19:21
  Speaker 2: Previously he had tried to blame Iran and claim that
• 19:24
  Speaker 2: they had somehow gotten their hands on a Tomahawk missile
• 19:27
  Speaker 2: and then bombed their own girls' school. Let's go and
• 19:30
  Speaker 2: take a listen to Trump. This is a seven where
• 19:32
  Speaker 2: the strike on the school in Iran a militat new
• 19:34
  Speaker 2: important that the military investigation has found it would be
• 19:37
  Speaker 2: United States.
• 19:38
  Speaker 4: That struck the school.
• 19:40
  Speaker 3: I don't know about it, don't know about it.
• 19:42
  Speaker 2: So still just complete, you know, complete Israeli answer there.
• 19:46
  Speaker 1: Yeah, and you can say very unequivocally now that you
• 19:49
  Speaker 1: can not only know how this happened, but you also
• 19:53
  Speaker 1: need a serious investigation. Also didn't even know this. Apparently
• 19:55
  Speaker 1: Pete Heggs had fired a bunch of the people who
• 19:57
  Speaker 1: are in the office who are responsible for investigat civilian casualty.
• 20:01
  Speaker 1: So this is even though this did happen, what we'll
• 20:05
  Speaker 1: we'll now see with the preliminary finding. The big question
• 20:08
  Speaker 1: is they said the preliminary finding said it was passed
• 20:10
  Speaker 1: on from the Defense Intelligence Agency. Who who did it?
• 20:13
  Speaker 1: Who is responsible for updating the target list? Everybody knows
• 20:17
  Speaker 1: that there's a shelf where they just keep all these
• 20:18
  Speaker 1: targets in Iran. So was this target list created in
• 20:21
  Speaker 1: twenty thirteen and never updated despite the community and they
• 20:25
  Speaker 1: just pulled it off the shelf and plug and played it,
• 20:27
  Speaker 1: because that's a complete failure. In fact, the person who
• 20:30
  Speaker 1: is in charge of that office or wherever had that
• 20:32
  Speaker 1: portfolio on their desk. Let's say at the Chairman of
• 20:35
  Speaker 1: the Joint The way it works the Chairman of the
• 20:36
  Speaker 1: Joint Chiefs is they have like two hundred people who
• 20:38
  Speaker 1: work for them. One or two of them is going
• 20:40
  Speaker 1: to be the head of the Iran desk and they're
• 20:41
  Speaker 1: responsible for coordinating all this stuff. I'm keeping it up
• 20:44
  Speaker 1: to date. Need to know the name. The guy's got
• 20:46
  Speaker 1: to go. He's got to be a very minimum fired
• 20:49
  Speaker 1: and probably be investigated for responsibilities of his duties. Because
• 20:53
  Speaker 1: that is what a culture with real responsibility in the
• 20:56
  Speaker 1: chain of command actually looks like.
• 20:58
  Speaker 2: And this is what happens when you have you know,
• 21:00
  Speaker 2: chaotic moron in charge of the Pentagon and you know,
• 21:05
  Speaker 2: total incompetence and bloodlust and you know, not caring at
• 21:08
  Speaker 2: all about the rules of engagement and thinking that these
• 21:11
  Speaker 2: sort of like checks on military power are like woke
• 21:14
  Speaker 2: dei bullshit. And now you've got one hundred and sixty
• 21:18
  Speaker 2: eight little girls who are dead and can't be brought.
• 21:21
  Speaker 1: It might be one of the worst atrocities in the United
• 21:23
  Speaker 1: States has been directly involved in in years. I really,
• 21:27
  Speaker 1: I'm trying to think back to three. I'm sure there
• 21:31
  Speaker 1: were one or two in the very early days of Iraq,
• 21:34
  Speaker 1: and there are a few, you know, the Kundu's hospital
• 21:36
  Speaker 1: and all that, But this to be on the very
• 21:37
  Speaker 1: first day, it should give you a lot of pause
• 21:40
  Speaker 1: about how this entire war has already gone. And so
• 21:42
  Speaker 1: whenever they tell you, oh, we struck two thousand new targets,
• 21:46
  Speaker 1: you know, over the last week. It's like, were they
• 21:49
  Speaker 1: all legitimate? Were they all part of the same target set?
• 21:51
  Speaker 1: Do you have any processes in place to make sure
• 21:53
  Speaker 1: that this isn't going to happen again? Because you know,
• 21:55
  Speaker 1: this one is particularly egregious because it's a girls' school.
• 21:58
  Speaker 1: You only you know, God only knows about the rest
• 22:00
  Speaker 1: of them. And then even inside of Tehran, it's such
• 22:02
  Speaker 1: a chaotic situation inside the entire country. Are they even
• 22:06
  Speaker 1: able to go into have cameras there like they were originally? Again,
• 22:11
  Speaker 1: same thing. We have no idea, So be very careful
• 22:14
  Speaker 1: about trusting what the government is saying and also what
• 22:16
  Speaker 1: the UAE and all these other places are saying. There's
• 22:18
  Speaker 1: an immense amount of censorship. But we could say this,
• 22:20
  Speaker 1: at the very beginning, or at the very least, the
• 22:23
  Speaker 1: United States lied to the American people about the casualties
• 22:26
  Speaker 1: that initially came out on the very first day of
• 22:28
  Speaker 1: the war. Let's continue on with Donald Trump. Turning now
• 22:34
  Speaker 1: to Donald Trump and his current justification of the war.
• 22:37
  Speaker 1: He's all over the place. It's a war, it's an excursion.
• 22:40
  Speaker 1: It's both as he said, it's going to both beginning
• 22:43
  Speaker 1: and is also ending. He said, it's just beginning. It's
• 22:46
  Speaker 1: also ending very soon. We showed you that one, this one,
• 22:49
  Speaker 1: and we won, and even though we haven't won, we
• 22:51
  Speaker 1: can continue to win. So here it is.
• 22:53
  Speaker 4: You just said it is a little excursion, and you
• 22:56
  Speaker 4: said it is a war.
• 22:57
  Speaker 1: So which one is as well?
• 22:59
  Speaker 7: It's most is it?
• 23:00
  Speaker 6: It's both. It's an excursion that will keep us out
• 23:04
  Speaker 6: of a war, and the war is going to be
• 23:08
  Speaker 6: I mean, for them, it's a war.
• 23:09
  Speaker 8: For us.
• 23:09
  Speaker 7: It's turned out to be easier than we thought.
• 23:14
  Speaker 1: So yeah, it's an excursion, it's a war. It turned
• 23:16
  Speaker 1: out to actually be an easier war excursion than we thought. However,
• 23:20
  Speaker 1: what we can also see is that things are not
• 23:22
  Speaker 1: going well already. Here have Trump effectively threatening the use
• 23:26
  Speaker 1: of nuclear weapons, reminding them of our nuclear superiority. Very
• 23:29
  Speaker 1: fire and FURIOSQ, take a listen to this from the
• 23:31
  Speaker 1: White House lawn.
• 23:33
  Speaker 6: They've lost their navy, they've lost their air force.
• 23:36
  Speaker 7: They have no anti aircraft.
• 23:39
  Speaker 6: Apparatus at all, they have no radar, Their leaders are gone,
• 23:46
  Speaker 6: and we could.
• 23:47
  Speaker 7: Do a lot worse.
• 23:48
  Speaker 8: We're leaving certain.
• 23:50
  Speaker 6: Things that if we take them out, or we could
• 23:52
  Speaker 6: take them out by this afternoon, in fact, within an hour,
• 23:57
  Speaker 6: they literally would never be able to build that country.
• 24:00
  Speaker 1: We could take them out within an hour. I mean, look,
• 24:03
  Speaker 1: as we continue to see Trump gave away all of
• 24:06
  Speaker 1: his negotiating leverage. Why because he keeps being like, if
• 24:08
  Speaker 1: you if you do this, I'm gonna bomb you. And
• 24:11
  Speaker 1: Tehran is like, well, you are bombing us. You have
• 24:14
  Speaker 1: threatened and killed. You've killed our Ayatola, you killed a
• 24:17
  Speaker 1: vast majority of our upper echelon. You have literally made
• 24:21
  Speaker 1: acid rain fall on the streets of Tehran. You have
• 24:25
  Speaker 1: killed border guards. You've tried to foment civil war. You've
• 24:28
  Speaker 1: demanded unconditional surrender. What more can you do to us?
• 24:31
  Speaker 1: And the answer is only two things. More US ground troops,
• 24:35
  Speaker 1: thousands of US ground troops, perhaps to you know, take
• 24:37
  Speaker 1: over the straits of horn Moves or drop a nuclear bomb.
• 24:40
  Speaker 1: Would it be us? Would it be Israel? Could be either.
• 24:43
  Speaker 1: We talked about Brandon with that. But the strategic logic
• 24:45
  Speaker 1: of it, I mean, I don't know what your percentage at.
• 24:48
  Speaker 1: I'm at like five percent now you know I was
• 24:50
  Speaker 1: at three percent. Now I'm at five percent, and I'm
• 24:52
  Speaker 1: actually at twenty percent for an atmospheric test. Because we're
• 24:55
  Speaker 1: gonna talk about this with oil, the longer the shit
• 24:58
  Speaker 1: goes on. If we start to get to oil at
• 24:59
  Speaker 1: two hundre a barrel, the Energy Secretary this morning said
• 25:03
  Speaker 1: two hundred barrel, We need to stop talking about this.
• 25:05
  Speaker 1: Let me put it in gas prices. That's eight dollars
• 25:07
  Speaker 1: a gallon. So eight dollars a gallon at the pump.
• 25:09
  Speaker 1: People are gonna riot, or they should at eight dollars.
• 25:13
  Speaker 1: I certainly will, and I have an electric car, I'll
• 25:15
  Speaker 1: be mad on everybody's behalf at eight dollars a gallon.
• 25:18
  Speaker 1: Think about this, the immense pressure to wrap things up.
• 25:21
  Speaker 1: They're too prideful and too hubuistic and too far in
• 25:24
  Speaker 1: to say, okay, we're done, and so what's the other option.
• 25:27
  Speaker 1: You got to invade or you got to bomb them.
• 25:30
  Speaker 1: That's the only other thing that's left in our arsenal.
• 25:34
  Speaker 1: And I mean, look, at this point, they're so afraid
• 25:36
  Speaker 1: of ground casualties that you could see like an atmospheric
• 25:40
  Speaker 1: nuclear test that would happen as a signal for unconditional surrender,
• 25:45
  Speaker 1: which is I mean unfathomable, like literally in the modern
• 25:49
  Speaker 1: nuclear age, that alone would be one of the most
• 25:52
  Speaker 1: shocking events of the century to actually.
• 25:54
  Speaker 2: Happen absolutely absolutely Now, I think we would have ground
• 25:58
  Speaker 2: trips before we would have even an hour hemospheric test.
• 26:01
  Speaker 2: I think we would have ground troops first. I think
• 26:04
  Speaker 2: that would be the night because there is such even
• 26:06
  Speaker 2: for this where there is such a taboo around nuclear weapons.
• 26:10
  Speaker 2: I think you would go ground troops first. Obviously, they've
• 26:13
  Speaker 2: been you know, briefing Congress that that is a very real,
• 26:16
  Speaker 2: if not likely possibility. Reporters have been able to you know,
• 26:21
  Speaker 2: get their hands on plans of some sort of you know,
• 26:24
  Speaker 2: really extraordinarily dangerous, risky to the point of foolhardy operation
• 26:29
  Speaker 2: to go in and secure the loose nuclear material.
• 26:33
  Speaker 3: I think that's probably the next step.
• 26:35
  Speaker 2: But you know, then if that goes sideways, where do
• 26:39
  Speaker 2: we go next? And that is very likely to go
• 26:42
  Speaker 2: sideways in terms of the ground invasion. I mean that
• 26:45
  Speaker 2: I'm at, like, you know, very highly high likelihood because
• 26:49
  Speaker 2: if you think about we're going to talk later on
• 26:51
  Speaker 2: in the show, but Iran is now closed the straight
• 26:55
  Speaker 2: or moves effectively except for they're able to export what
• 26:58
  Speaker 2: they were actually exporting more oil to China than they
• 27:01
  Speaker 2: were before. So they're doing what they want to do.
• 27:03
  Speaker 2: They're blowing up oil tankers. You know, the Navy is saying,
• 27:06
  Speaker 2: we can't escore you. It's two dangerous, we can't do it.
• 27:08
  Speaker 2: They've mined the straight Now the US has confirmed that
• 27:11
  Speaker 2: that has in fact happened. So they're doing what they
• 27:14
  Speaker 2: want to do with the Strait of Horn moves. The
• 27:16
  Speaker 2: houthis may join the action and also close down you
• 27:19
  Speaker 2: know that area as well, which in the Red Sea,
• 27:22
  Speaker 2: which would you know it is one of the ways
• 27:23
  Speaker 2: they've been re routing oil to lessen the blow to
• 27:27
  Speaker 2: the oil market. So they're they're you know, destroying the
• 27:30
  Speaker 2: capacity of the global oil market.
• 27:32
  Speaker 3: So that's one thing.
• 27:33
  Speaker 2: They've also now threatened the regional banking system in Dubai
• 27:38
  Speaker 2: because we or Israel attacked one of their banks that
• 27:43
  Speaker 2: is linked to the IRGC and so they said, okay,
• 27:46
  Speaker 2: game one, then be on notice that HSBC City, all
• 27:50
  Speaker 2: of these local branches and anyone within a one kilometer
• 27:53
  Speaker 2: blast radius of those branches, you are now at risk.
• 27:56
  Speaker 2: You are now at target. So they're bombing the oil,
• 27:58
  Speaker 2: they're bombing the banking. They've also put on notice the
• 28:01
  Speaker 2: tech companies who are you know, complicit in the US's
• 28:08
  Speaker 2: in Israel's entire war machine and who are also you know,
• 28:12
  Speaker 2: have made deals with these local monarchies, etc. And building
• 28:15
  Speaker 2: out their data centers. They've also put them on notice
• 28:17
  Speaker 2: like you are also a target. By the way, there
• 28:19
  Speaker 2: is no way that the US is just going to
• 28:22
  Speaker 2: allow them, that the Trump resum is just going to
• 28:24
  Speaker 2: allow them to mess with the oil, mess with the banks,
• 28:28
  Speaker 2: mess with the data centers, and not escalate to the
• 28:32
  Speaker 2: next level. So that's why I feel very, you know,
• 28:35
  Speaker 2: sickeningly certain that we are likely to see some sort
• 28:38
  Speaker 2: of a ground invasion and where things go from there,
• 28:41
  Speaker 2: no one can say. But back to Trump's comments here
• 28:43
  Speaker 2: about oh we won and you know, we took them
• 28:44
  Speaker 2: out and it's gone so much Bible than executed.
• 28:46
  Speaker 3: Blah blah blah.
• 28:47
  Speaker 2: Our own intel community is saying that Iran's leadership remains
• 28:51
  Speaker 2: stable despite the strikes. I just saw the new Supreme leader,
• 28:56
  Speaker 2: the son whose you know, mom, dad, wife, kid, other
• 29:00
  Speaker 2: relatives were all murdered by US in Israel, that he's
• 29:03
  Speaker 2: about to put out his first statement. There were some rumors,
• 29:05
  Speaker 2: I think the Iranians did confirm he was injured in
• 29:08
  Speaker 2: that attack as well. There were some rumors that maybe
• 29:11
  Speaker 2: he was like gravely injured or on the verge of death,
• 29:12
  Speaker 2: et cetera. So anyway they're putting out a message. You
• 29:15
  Speaker 2: can see that the Iranian diregy Ce has continued to operate.
• 29:20
  Speaker 2: They had made contingency plans in the event that the
• 29:23
  Speaker 2: top leadership was taken out, and obviously they continue to
• 29:27
  Speaker 2: be able to execute on that. So even our own
• 29:29
  Speaker 2: intel community says, there's no sign of collapse here. There's
• 29:32
  Speaker 2: no sign this thing is, you know, wobbling and on the.
• 29:34
  Speaker 3: Verge of collapse.
• 29:35
  Speaker 2: And you can tell by Trump's rhetoric himself, because when
• 29:38
  Speaker 2: he first announced the war in his baseball cap without
• 29:42
  Speaker 2: a tie, he said, it's time for the Iranian people
• 29:46
  Speaker 2: to rise up. Like I think he really believed that,
• 29:49
  Speaker 2: you know, they'd taken out the Ayatola and now there
• 29:52
  Speaker 2: was going to be this organic movement on the ground
• 29:55
  Speaker 2: overthrow the regime. Obviously none of that has manifested, and
• 29:59
  Speaker 2: now they don't even talk about it anything.
• 30:00
  Speaker 3: Yeah.
• 30:01
  Speaker 1: No, Actually, one of the most revealing comments that I
• 30:05
  Speaker 1: have seen so far is from Mark Dubowitz. If you
• 30:07
  Speaker 1: don't know who Mark Dubowitz is, he is, I mean,
• 30:11
  Speaker 1: I would say the pre eminent like regime change for
• 30:14
  Speaker 1: Iran lobby is called the Foundation for Defense of Democracies,
• 30:18
  Speaker 1: which is like a cutout front really for a large
• 30:21
  Speaker 1: part of this pro war lobby. I don't even think
• 30:23
  Speaker 1: he would really disagree with that, to be honest, Like
• 30:25
  Speaker 1: I think you would say it is honorable. Like he
• 30:27
  Speaker 1: absolutely for years has been beating the drums for war
• 30:31
  Speaker 1: with Iran. He very recently put out a statement where
• 30:34
  Speaker 1: he's like, Okay, it will be a victory. He put
• 30:36
  Speaker 1: out a tweet where said it would be a victory
• 30:38
  Speaker 1: if we leave the regime somewhat intact and we follow
• 30:41
  Speaker 1: up the job later as long as we reduce their
• 30:44
  Speaker 1: defense capability. So they know that the war is not
• 30:46
  Speaker 1: going well. Three days ago, they weren't saying that they
• 30:48
  Speaker 1: were demanding regime change. Even the Israelis are still demanding
• 30:51
  Speaker 1: regime change. And Trump is trying to spin everything as good.
• 30:54
  Speaker 1: But this is the thing about bullshit is you can't
• 30:56
  Speaker 1: billshit collides with reality. You can bs your way out
• 31:00
  Speaker 1: of a whole lot of stuff. And while the stakes
• 31:02
  Speaker 1: were high for tariffs, and the stakes were high for
• 31:05
  Speaker 1: a lot of this stuff in war, it very quickly
• 31:09
  Speaker 1: gets revealed. So, for example, let's go ahead and put
• 31:11
  Speaker 1: a twelve on the screen. Trump tells Axios there's practically
• 31:15
  Speaker 1: nothing left to target in Iran. They're like, oh, all
• 31:18
  Speaker 1: their ammunitions are gone, they have no capabilities. The very
• 31:22
  Speaker 1: same day that he says this, ten different countries are
• 31:25
  Speaker 1: then either struck by a drone or involved in the war.
• 31:28
  Speaker 1: A US flagged tanker which we'll talk and show you
• 31:31
  Speaker 1: pictures of in a little bit, gets struck in the
• 31:33
  Speaker 1: middle of the Persian Gulf. Oman storage facilities are literally
• 31:37
  Speaker 1: on fire. Three different ships in the Straits of Hormuz
• 31:40
  Speaker 1: get attacked. You have drone and missile attacks all over
• 31:44
  Speaker 1: the entire Middle East, and you a coordinated effort with Hezbola,
• 31:47
  Speaker 1: which again you will all get an update on which
• 31:50
  Speaker 1: one hundred rockets the fire into northern Israel. By the way,
• 31:53
  Speaker 1: only fifty percent according to at least some initial reports
• 31:58
  Speaker 1: on the ground, only fifty percent were even in intercepted.
• 32:00
  Speaker 1: Just to show you out load that they're running right,
• 32:03
  Speaker 1: and so this is a global catastrophe already, And finally
• 32:08
  Speaker 1: just had to show everybody this A fourteen. The only
• 32:11
  Speaker 1: regime change that we currently seem to be on track
• 32:13
  Speaker 1: for is potentially in Bahrain, from drop site News. Bahrain
• 32:16
  Speaker 1: is bringing in foreign riot police the first time since
• 32:19
  Speaker 1: twenty eleven to deploy foreign forces to contain their domestic unrest.
• 32:24
  Speaker 1: Demonstration have erupted against the monarchy and their role as
• 32:27
  Speaker 1: a base for US military operations, including the Navy's fifth
• 32:31
  Speaker 1: Fleet headquarters. So that's great, multi billion dollar facility, tens
• 32:35
  Speaker 1: of thousands of sailors. So many people, if you ever
• 32:37
  Speaker 1: served in the US Navy have probably transitated at some
• 32:39
  Speaker 1: point through Bahrain. Now, oh great, Now we have a
• 32:42
  Speaker 1: full blown Arab Spring style situation requiring riot police and
• 32:46
  Speaker 1: potentially a massive crackdown in that country. Remember Crystal, some
• 32:50
  Speaker 1: of the videos that came out of Bahrain where their
• 32:53
  Speaker 1: own population was cheering whenever their country is being struck.
• 32:56
  Speaker 1: Remember fifty percent of their population or so is Shia
• 32:59
  Speaker 1: and has long been a by the monarchy there. So
• 33:02
  Speaker 1: this is really bad. And then the final thing I
• 33:05
  Speaker 1: do want to show everyone is A thirteen where Trump
• 33:07
  Speaker 1: says Iran war is nearly one, but Israel has other ideas,
• 33:11
  Speaker 1: and shocking low and behold down in the bottom they
• 33:14
  Speaker 1: say that actually Israel is still fully on track for
• 33:18
  Speaker 1: regime change, that the different priorities show that they're very
• 33:21
  Speaker 1: willing and want to strike at the heart of the
• 33:24
  Speaker 1: Iranian leadership, at the heart of their civil society. There's
• 33:27
  Speaker 1: reports just last night of drones Israeli drones that are
• 33:31
  Speaker 1: hovering around shooting precisely at the police forces, trying to
• 33:35
  Speaker 1: collapse any enforcement in the streets. They're doing everything they
• 33:38
  Speaker 1: possibly can to incite an uprising and a civil war,
• 33:42
  Speaker 1: which of course is leading to massive nationalism in the country.
• 33:45
  Speaker 1: So everything is unstable the global I'm shocked that oil
• 33:49
  Speaker 1: is currently where it's at. I have no idea what
• 33:51
  Speaker 1: some of these people are thinking. I'm amazed at our
• 33:53
  Speaker 1: own economy asn't tanked, honestly, like with fertilizer oil, the
• 33:58
  Speaker 1: global inputs helium. That's another thing. Qatar this morning said
• 34:02
  Speaker 1: that they're going to shut down their production with helium.
• 34:05
  Speaker 1: It's one third of the global helium supply. For those
• 34:08
  Speaker 1: who don't know, helium is absolutely critical to the supply
• 34:11
  Speaker 1: of semiconductors and specifically chips, both in the United States
• 34:15
  Speaker 1: and South Korea and in Taiwan. So we may have
• 34:17
  Speaker 1: a global chip shortage as a result already of some
• 34:20
  Speaker 1: of the helium shortages that we're already seeing food prices
• 34:23
  Speaker 1: are going to skyrocket. When we talked all about this
• 34:25
  Speaker 1: with the war in Ukraine, diesel is currently on track
• 34:29
  Speaker 1: for five dollars a gallon. So it's bad, it's really bad.
• 34:32
  Speaker 1: And any talk of we've won or any of that,
• 34:36
  Speaker 1: you literally cannot say the words we've won and or
• 34:39
  Speaker 1: some sort of mission accomplished. On the very same day
• 34:41
  Speaker 1: that a US flag ship gets struck in the middle
• 34:44
  Speaker 1: of the Persian Gulf, you can't say it it's on fire,
• 34:48
  Speaker 1: supposedly under protection of the United States of America. Shocking.
• 34:51
  Speaker 2: Yeah, and yes, sure, we're bombing the hell out of Iran,
• 34:54
  Speaker 2: We're bombing the hell out of Tehran. Are we accomplishing
• 34:58
  Speaker 2: We don't even know what are our objectives are, Like,
• 35:01
  Speaker 2: let's even start with that, you know, originally as a
• 35:03
  Speaker 2: regime change. Now they've walked away from that. Now it's
• 35:05
  Speaker 2: you know, then it was the nuclear mature that walked
• 35:07
  Speaker 2: away from that. Now it's like, well, we're going to
• 35:09
  Speaker 2: blow up their navy, and well they seem to still
• 35:12
  Speaker 2: be able to, you know, do some stuff on the seas.
• 35:14
  Speaker 3: So I'm not sure what's going on there.
• 35:16
  Speaker 2: We don't even know what we're there for so, and
• 35:20
  Speaker 2: we are certainly not accomplishing any of the objectives that
• 35:23
  Speaker 2: have been set out. All Iron has to do is
• 35:27
  Speaker 2: survive and they win. That is all they have to do.
• 35:30
  Speaker 2: And right now what our own intelligence community is saying
• 35:33
  Speaker 2: is that they are winning. That is the translation there.
• 35:35
  Speaker 2: They say, the regime is stable. So your goal of
• 35:38
  Speaker 2: destroying them, of creating chaos of war, regime change, whatever
• 35:42
  Speaker 2: the goals were, those goals are not being accomplished. And
• 35:46
  Speaker 2: in fact, Financial Times had another report about Iranian nationalism, surprise, surprise,
• 35:50
  Speaker 2: that people are rallying around the flag, even people who
• 35:52
  Speaker 2: are critics of this regime. And there are many critics,
• 35:57
  Speaker 2: and for good reason, of this current Iranian regime, But
• 36:03
  Speaker 2: do they support having their little girls murdered at school
• 36:06
  Speaker 2: and acid rain rained down on them, and Tehran being
• 36:10
  Speaker 2: carpet bombed, and you know, cultural sites, heritage sites being destroyed,
• 36:14
  Speaker 2: and Trump's saying, oh, the maps probably not going to
• 36:16
  Speaker 2: look the same after this. No, of course they don't
• 36:18
  Speaker 2: support that. So that's where we are, and anyone who
• 36:22
  Speaker 2: wants to deny that reality is just living in a
• 36:25
  Speaker 2: fantasy land, because, like Cyr said, especially in wartime, you know,
• 36:28
  Speaker 2: Trump can bullshit a whole lot of things and convince
• 36:31
  Speaker 2: people of a whole lot of lies, but when it
• 36:33
  Speaker 2: comes to war, reality is going to smack you in
• 36:37
  Speaker 2: the face.
• 36:37
  Speaker 3: And that is what is happening right now.
• 36:42
  Speaker 2: All right, Well, let's talk about some of that reality
• 36:44
  Speaker 2: with regards to oil. We've can put this up on
• 36:47
  Speaker 2: the screen, just incredible scenes that are unfolding across the
• 36:50
  Speaker 2: region as oil facilities and tankers are being struck by Iran.
• 36:55
  Speaker 2: So this first one here you can see a tanker
• 36:58
  Speaker 2: on fire. This is in the Persian Gulf tonight. Here
• 37:02
  Speaker 2: is an oil facility that was also struck and you
• 37:08
  Speaker 2: can see, you know, just fires everywhere. Here's a picture.
• 37:12
  Speaker 2: So this is the straight up from moves right there.
• 37:13
  Speaker 2: That's where Trump says, you know, just go ahead, just
• 37:16
  Speaker 2: brave it.
• 37:17
  Speaker 5: Uh.
• 37:17
  Speaker 2: This is the US tank flag tanker. This is the
• 37:20
  Speaker 2: first time a US flag tanker has been struck. This
• 37:24
  Speaker 2: is near a rock. There were a couple of oil
• 37:26
  Speaker 2: tankers that were struck near a rock. This is another
• 37:29
  Speaker 2: tanker that is on fire. You can see the damage,
• 37:32
  Speaker 2: the damage that was sustained here. And so you know,
• 37:36
  Speaker 2: in terms of here's someone someone posted this with this
• 37:41
  Speaker 2: is what it looks like when Trump tells you to
• 37:43
  Speaker 2: go ahead and be brave.
• 37:45
  Speaker 1: Or guys, some Thai oil tank or not a Thai flagship.
• 37:48
  Speaker 1: You know, they have no one.
• 37:50
  Speaker 3: Very difficult life.
• 37:51
  Speaker 2: It's not their choice because it's not like they can
• 37:54
  Speaker 2: just be like, hey boss, I'm not down for this.
• 37:57
  Speaker 2: So they're being you know, brought into this conflict and
• 38:01
  Speaker 2: you know, these are these are.
• 38:02
  Speaker 3: Civilians who are just trying to do a job.
• 38:04
  Speaker 2: This is like the global working class truly, and now
• 38:08
  Speaker 2: they're you know, they're being attacked. Some of them are
• 38:10
  Speaker 2: being injured, some of them are losing their lives in
• 38:13
  Speaker 2: these attacks. And the Navy had originally said, you know,
• 38:18
  Speaker 2: we had I think Trump had originally announced or hegseev
• 38:21
  Speaker 2: one of them had announced like, oh, the Navy is
• 38:22
  Speaker 2: going to escort these tankers through to make sure that
• 38:24
  Speaker 2: they're safe. And then they immediately were like, oh, well,
• 38:27
  Speaker 2: we actually can't do that. They're getting tons of requests
• 38:29
  Speaker 2: to do that from these these companies that want to
• 38:33
  Speaker 2: be able to I mean, this is you know, how
• 38:34
  Speaker 2: they earn their living, and the Navy has said, no, no,
• 38:37
  Speaker 2: it's it's too dangerous because how how can you accomplish this.
• 38:41
  Speaker 2: You know, the straight upform moves has now been mined.
• 38:44
  Speaker 2: We don't know how many, you don't know where they are.
• 38:45
  Speaker 3: But that is an incredible risk.
• 38:47
  Speaker 2: And obviously they're continuing to be able to strike these
• 38:52
  Speaker 2: blows in spite of Trump telling us that oh we've
• 38:55
  Speaker 2: won and they're defeated and they have no ability to
• 38:57
  Speaker 2: project any more power and this thing's just about over.
• 39:00
  Speaker 2: They're having their way there in the straight up hor mooves.
• 39:03
  Speaker 2: They're able to do and operate and do whatever they
• 39:05
  Speaker 2: want to do. Early on, you know, just based on
• 39:09
  Speaker 2: the threats from Iran, the insurers had effectively sort of
• 39:13
  Speaker 2: pulled out, you know, spike prices to the point of
• 39:15
  Speaker 2: being prohibitive. Now our government came in and said, don't worry,
• 39:18
  Speaker 2: we'll ensure you. But who is going to take this risk.
• 39:21
  Speaker 2: Who was going to look at these images and say
• 39:23
  Speaker 2: sign up and say, yeah, I want to do this.
• 39:25
  Speaker 2: I want to risk you know, not only the lives
• 39:27
  Speaker 2: of these individuals, but there's a lot of money that
• 39:30
  Speaker 2: these these ships are, these tankers are, and a lot
• 39:32
  Speaker 2: of money on board as well.
• 39:33
  Speaker 1: Yeah, no, I mean it is so bad that these
• 39:36
  Speaker 1: attacks actually are what really sent some of the oil
• 39:38
  Speaker 1: prices going up again last night, somewhere around ninety dollars
• 39:42
  Speaker 1: a barrel Brent I believe is actually higher, particularly somewhere
• 39:46
  Speaker 1: near one hundred. Again, just to translate, I think if
• 39:49
  Speaker 1: crude goes to one hundred, it will be roughly four
• 39:51
  Speaker 1: dollars a gallon.
• 39:53
  Speaker 3: In our set at ninety three dollars right now.
• 39:55
  Speaker 1: It's or at ninety three, so maybe three. It depends
• 39:58
  Speaker 1: obviously where you live, whether we're going to do gas taxes.
• 40:01
  Speaker 1: They've currently a gas tax Relief Jones Act. There's a
• 40:04
  Speaker 1: lot of other stuff which actually could further reduce the price,
• 40:07
  Speaker 1: but as of right now, that's roughly where things are going.
• 40:10
  Speaker 1: Highest gas prices we've seen under Donald Trump's presidency. We should,
• 40:14
  Speaker 1: of course, also note the mines that Ryan and Emily covered.
• 40:18
  Speaker 1: Some ten mines, according to the US Intelligence communities so
• 40:21
  Speaker 1: far been laid in the Straits of horn Moves, and
• 40:23
  Speaker 1: they have thousands of ships obvious or boats small a
• 40:27
  Speaker 1: small craft which just have two mines or something you
• 40:29
  Speaker 1: can just float out into apparently into the middle of
• 40:31
  Speaker 1: the Straits of horn Moves, which still have their capability.
• 40:33
  Speaker 1: The US say they're only destroyed sixteen of those boats.
• 40:36
  Speaker 1: Now so far, the estimate again literally is like thousands
• 40:39
  Speaker 1: of some sort of small craft, many of which are
• 40:41
  Speaker 1: hidden in tunnels and in bunkers. But here is what
• 40:45
  Speaker 1: Donald Trump said about braving the straits of horn Moves
• 40:47
  Speaker 1: and the mines. Let's take a listen.
• 40:49
  Speaker 5: Well, you talking of various oil companies encouraging them to
• 40:54
  Speaker 5: use this straight up or.
• 40:56
  Speaker 6: Like they should. I think they should. I think they
• 40:58
  Speaker 6: should use.
• 41:01
  Speaker 1: You.
• 41:01
  Speaker 6: Look, we took out just about all of their mind shifts,
• 41:05
  Speaker 6: and one night we're up the boat number sixty. I
• 41:09
  Speaker 6: didn't realize that that big a navy.
• 41:12
  Speaker 1: Department by oil features as a means to keep the
• 41:15
  Speaker 1: oil prices down.
• 41:17
  Speaker 6: We're going to be in very good shape.
• 41:18
  Speaker 8: You see to what's happening.
• 41:20
  Speaker 7: They are pretty much at the end of the line.
• 41:23
  Speaker 7: Doesn't mean we're going to end it immediately, but they
• 41:25
  Speaker 7: they are.
• 41:26
  Speaker 6: They've got no navy, they've got no air force, they've
• 41:28
  Speaker 6: got no anti air traffic anything, they have.
• 41:32
  Speaker 7: No systems of control. We're just riding free range over
• 41:37
  Speaker 7: that country. And now we're going to look very strongly
• 41:40
  Speaker 7: at the straits. The straits are in great shape. We've
• 41:44
  Speaker 7: knocked out all of their boats. They have some missiles,
• 41:47
  Speaker 7: but not very many.
• 41:48
  Speaker 3: Wow.
• 41:49
  Speaker 1: At the exact moment he was saying that US flagship
• 41:51
  Speaker 1: was getting attacked.
• 41:52
  Speaker 2: To the States are in great, Strates are in great.
• 41:56
  Speaker 1: No, they're shut down. They're completely shut down. There's nothing
• 41:59
  Speaker 1: moving through that except what Iran wants to move through there,
• 42:02
  Speaker 1: all of that coastline. I was already seeing this morning.
• 42:05
  Speaker 1: What do you think I'm reading reports contingency plans for
• 42:08
  Speaker 1: taking over the streets would require us securing the coastline.
• 42:13
  Speaker 1: So it's like all the coastline on the straights and
• 42:15
  Speaker 1: our moves, US troops have to go there. If they're there,
• 42:18
  Speaker 1: then you got to make sure that they don't get
• 42:19
  Speaker 1: attacked from the rear guard, which means what a large
• 42:22
  Speaker 1: ground force. You can't bomb your way out of this,
• 42:24
  Speaker 1: as we're going to talk about with Professor Pape.
• 42:26
  Speaker 2: Yeah, and if you do, just try to send that
• 42:28
  Speaker 2: those Navy esport they're sitting duck yep, right, I mean,
• 42:32
  Speaker 2: that's why they can't do it, and that's why coincidentally,
• 42:35
  Speaker 2: I mean, this is one of the many reasons why
• 42:36
  Speaker 2: the military did not want this war. I mean, Bibi
• 42:40
  Speaker 2: it said himself, he has been dreaming of this war
• 42:44
  Speaker 2: for forty years, and we have had in that time
• 42:47
  Speaker 2: period many American presidents who were extremely pro Israel, who
• 42:51
  Speaker 2: did many things that Israel wanted them to do, and
• 42:53
  Speaker 2: were on their side through thick and thin. But when
• 42:56
  Speaker 2: it came to this war with Iran, those presidents, that
• 43:00
  Speaker 2: would be an idiotic move, It would be dangerous, it
• 43:04
  Speaker 2: would be extraordinarily risky. We cannot do it. It took
• 43:07
  Speaker 2: till this president and whatever is going on with him
• 43:11
  Speaker 2: and his sugar high after Venezuela, and you know, his
• 43:15
  Speaker 2: foolishness to actually get us indo this thing, because the
• 43:18
  Speaker 2: military knew that this would be a disaster. And this
• 43:21
  Speaker 2: is one of many reasons why this is extraordinary too.
• 43:25
  Speaker 2: So let's put B three up on the screen. So
• 43:27
  Speaker 2: originally Trump had actually been opposed to any sort of
• 43:31
  Speaker 2: strategic petroleum release. He has now completely done a one
• 43:35
  Speaker 2: eighty on that, not only in terms of our own reserves,
• 43:37
  Speaker 2: but in terms of global reserves. The IEA has announced
• 43:41
  Speaker 2: their largest ever oil release from global strategic reserves. They've
• 43:46
  Speaker 2: decided to release four hundred million barrels in an attempt
• 43:49
  Speaker 2: to prevent supplied disruptions and tame crude prices. So you
• 43:53
  Speaker 2: have that, you have an announcement about a release from
• 43:55
  Speaker 2: our own strategic petroleum reserve, and so as that is happening,
• 44:01
  Speaker 2: at the same time, we still have oil prices going up.
• 44:06
  Speaker 3: That is an extraordinary situation. Okay.
• 44:09
  Speaker 2: What this was meant to do was to keep those
• 44:12
  Speaker 2: oil prices low, to calm the markets, to bring the
• 44:15
  Speaker 2: price back down or at least maintain its position.
• 44:19
  Speaker 3: That has not succeeded. That has failed.
• 44:21
  Speaker 2: Why because of exactly the scenes that we just showed you,
• 44:25
  Speaker 2: Because of these tankers on.
• 44:26
  Speaker 3: File fire, you know, right near a rock.
• 44:29
  Speaker 2: In the Persian Gulf, and people are looking at that
• 44:32
  Speaker 2: and saying, you can release all of the reserve that
• 44:35
  Speaker 2: you want to, it is not going to be sufficient
• 44:39
  Speaker 2: to deal with the disruption that we are seeing in
• 44:42
  Speaker 2: the Persian Gulf. So the fact that you have this
• 44:45
  Speaker 2: release and you still have oil prices ticking up and
• 44:49
  Speaker 2: up and up, that tells you the markets are starting
• 44:52
  Speaker 2: to figure out this is a dire situation. You know,
• 44:56
  Speaker 2: to me, they're still underestimating just how bad things are
• 44:59
  Speaker 2: at this point. But you know that's the combination of
• 45:04
  Speaker 2: those two news stories is highly significant.
• 45:06
  Speaker 1: They still have faith that they're going to figure this
• 45:08
  Speaker 1: thing out, and they just don't seem to understand that
• 45:11
  Speaker 1: we are in it now. Unless he ron decides that
• 45:14
  Speaker 1: they don't want to do it anymore, and for them
• 45:15
  Speaker 1: not to do it anymore, well, we are going to
• 45:17
  Speaker 1: have to give him an extraordinary amount of concessions. This
• 45:20
  Speaker 1: is why, as he said, we'll talk about with this
• 45:22
  Speaker 1: Professor Pape, all logic, all internal logic. It would take
• 45:26
  Speaker 1: one of the most supreme acts of heroism of Donald
• 45:29
  Speaker 1: Trump's entire life to say I'm done, I'm done. Do
• 45:33
  Speaker 1: you have any idea? Though how difficult that is. The
• 45:36
  Speaker 1: troops are out there everyone. I mean, it would be ridiculed.
• 45:39
  Speaker 1: I won't do it because even though I'm furious about
• 45:41
  Speaker 1: the war, I would do the fake thing. I'll go
• 45:44
  Speaker 1: on television and be like, thank you, You're the most
• 45:46
  Speaker 1: courageous president ever to try to do so. Most people won't.
• 45:49
  Speaker 1: They'll ridicule him rightfully. So, you know, if we're being
• 45:51
  Speaker 1: honest about dragging us into this as a disaster, all
• 45:55
  Speaker 1: of his advisors are too afraid to actually tell him
• 45:57
  Speaker 1: that this is as bad and so all logic. It's
• 46:01
  Speaker 1: just like Vietnam. The easiest thing to do. Or Afghanistan
• 46:04
  Speaker 1: or Iraq, what's the easiest thing to do? Send in
• 46:06
  Speaker 1: more troops, escalate more, do more, do more, save face. God,
• 46:09
  Speaker 1: it was peace with honor. Can't withdraw even though it
• 46:12
  Speaker 1: all ends up at the same place sigone on the
• 46:14
  Speaker 1: helicopter in nineteen seventy five. You can see exactly how
• 46:18
  Speaker 1: this is all going to go, except you just waste
• 46:20
  Speaker 1: billions of dollars lives in the process. That's the real
• 46:23
  Speaker 1: tragedy of it. I do want to talk about fertilizer.
• 46:26
  Speaker 1: We have B five here. It's a farmer who was
• 46:28
  Speaker 1: just interviewed talking about the spike in fertilizer prices. And
• 46:32
  Speaker 1: I'll talk a little bit more on the other side.
• 46:33
  Speaker 1: Let's take a listen.
• 46:34
  Speaker 8: Those that need to buy are hurting pretty bad because
• 46:37
  Speaker 8: we've had this huge jump in fertilizer prices because of
• 46:41
  Speaker 8: this conflict. And you know, with only about thirty percent
• 46:46
  Speaker 8: of fertilizer coming through the Strait of Horez, that's if
• 46:50
  Speaker 8: you divide that out per day, that's about zero point
• 46:52
  Speaker 8: zero nine percent of the world's fertilizer coming through there.
• 46:56
  Speaker 8: And even if the US only uses thirty percent of
• 46:59
  Speaker 8: that which I think is probably a really high number.
• 47:01
  Speaker 8: That's point zero three percent per day. So we've only
• 47:06
  Speaker 8: been in conflict for nearly twelve days here, and our
• 47:09
  Speaker 8: fertilizer costs have jumped nearly seventy seven percent.
• 47:13
  Speaker 1: So he's talking there about the price spike. So I
• 47:16
  Speaker 1: recently listened I highly recommend it odd Lot's friend Joe Wisenthal.
• 47:19
  Speaker 1: They just did an episode on fertilizer, so I had
• 47:21
  Speaker 1: obviously not a fertilizer expert or anything. We have no
• 47:24
  Speaker 1: fertilizer strategic reserve like we do with oil. A huge
• 47:28
  Speaker 1: portion of it moves through the straits and horn moves
• 47:30
  Speaker 1: apparently Urea the way that it's whatever grown or something
• 47:34
  Speaker 1: like that has to be done next to these natural
• 47:36
  Speaker 1: gas plants, and so it's naturally from Russia and or
• 47:39
  Speaker 1: the Middle East, so that's the natural place for it
• 47:41
  Speaker 1: to be grown. Right now is planting season, so right
• 47:44
  Speaker 1: now is when the fertilizer is apparently needed the most. Already,
• 47:48
  Speaker 1: the spot price I think of urea and corn is
• 47:51
  Speaker 1: like near it's all time high if you look at
• 47:53
  Speaker 1: those two things. The price spike for the farmers here
• 47:57
  Speaker 1: will eventually be passed on to us as consumers in
• 47:59
  Speaker 1: the form of groceries and inputs for all these different goods.
• 48:02
  Speaker 1: But the worst part actually is for the developing world
• 48:05
  Speaker 1: because this is an outright massive shortage. That shortage will
• 48:09
  Speaker 1: mean that many developing countries. Have we seen now with
• 48:12
  Speaker 1: Bangladesh or India, many countries which are poor can't afford
• 48:15
  Speaker 1: some of the higher oil prices or fertilizer. They just
• 48:18
  Speaker 1: won't buy it, which means low crop yield, which means
• 48:21
  Speaker 1: potential famine, or like they w have to declare a
• 48:24
  Speaker 1: state of emergency and buy, you know, food from some
• 48:26
  Speaker 1: other country, tap into that. IMF could get involved, like
• 48:30
  Speaker 1: you have no like the World Food Program. Like it's
• 48:32
  Speaker 1: a serious, serious crisis. And that is something I had
• 48:36
  Speaker 1: never thought about, you know, really even seen for the
• 48:38
  Speaker 1: movement through the straits of horror moves. And the other
• 48:40
  Speaker 1: problem for fertilizer is that oil is the number one concern.
• 48:43
  Speaker 1: So even when it does reopen, as Rory has told us,
• 48:47
  Speaker 1: that it'll take a couple of months just to go
• 48:49
  Speaker 1: back to normal, well, oil is going to get first priority,
• 48:51
  Speaker 1: which means a fertilizer will continue to be back behind that.
• 48:54
  Speaker 1: And there's all this stuff about how you can't really
• 48:56
  Speaker 1: store it, like it doesn't store very well for a
• 48:59
  Speaker 1: couple of months, so we we really could be in
• 49:01
  Speaker 1: a serious shortage. It's something I'd never considered, but it
• 49:04
  Speaker 1: really like this, this could actually be.
• 49:06
  Speaker 2: Really I mean, it reminds very much both of the
• 49:08
  Speaker 2: Ukraine War and also of COVID, where all of these
• 49:10
  Speaker 2: sorts of things that people didn't think of, including not
• 49:13
  Speaker 2: just us, but like you know, experts to run the
• 49:16
  Speaker 2: global economy didn't think of the ways that you know,
• 49:19
  Speaker 2: these uh, these problems would compound and there would be
• 49:23
  Speaker 2: all sorts of unintended consequences, and that it wouldn't be
• 49:26
  Speaker 2: just like, Okay, we're open again, so everything's all good.
• 49:29
  Speaker 2: That there would be months and years of getting back
• 49:32
  Speaker 2: to some semblance of quote unquote normal because our system,
• 49:36
  Speaker 2: our global economic system.
• 49:37
  Speaker 3: Is built in a very fragile way.
• 49:40
  Speaker 2: That is, you know, that has been sort of the
• 49:41
  Speaker 2: basis of neoliberalism. You mentioned helium. Someone on Twitter is
• 49:46
  Speaker 2: saying barren investment says good piece on Blueberg Intelligence and
• 49:48
  Speaker 2: for those with helium exposure guitars. Shutdown of LNG production
• 49:53
  Speaker 2: has taken about a third of global helium production offline.
• 49:57
  Speaker 2: Affecting chip makers who rely on heliums semiconductor manufacturing. Helium
• 50:01
  Speaker 2: has no viable substitute in the chip manufacturing process. No
• 50:04
  Speaker 2: other source can immediately replace guitar supply. Helium containers already
• 50:08
  Speaker 2: filled before the war remain stranded. If the disruption persists,
• 50:11
  Speaker 2: healing shortages could force chip makers to deprioritize lower margin
• 50:15
  Speaker 2: product lines, reinforcing existing allocation toward AI memory, deepening an
• 50:19
  Speaker 2: already severe memory shortage. So yet another unintended consequences that
• 50:24
  Speaker 2: you know, certainly no one in this idiotic administration has
• 50:27
  Speaker 2: thought of.
• 50:28
  Speaker 3: I mean, they didn't even.
• 50:28
  Speaker 2: Think about the oil thing, which is like the most
• 50:30
  Speaker 2: obvious thing that you could ever think of with a
• 50:33
  Speaker 2: war in the Middle East, and they had not even
• 50:35
  Speaker 2: plans for that. Because Trump was so high on his
• 50:37
  Speaker 2: own supply, he genuinely thought that if he just murdered
• 50:41
  Speaker 2: the Iyatola and hit Ron hard, that the whole thing
• 50:44
  Speaker 2: could be all wrapped up in a mission accomplished banner.
• 50:46
  Speaker 2: And now here we are and they have no idea
• 50:49
  Speaker 2: what to do. Lastly, I mentioned this before, but I
• 50:52
  Speaker 2: just think this is incredible. Put B six up on
• 50:55
  Speaker 2: the screen. So while you know, while oil ship made
• 51:00
  Speaker 2: shipping through the straight offor Moves is completely closed for
• 51:03
  Speaker 2: us or any of our allies. Iran is still doing
• 51:06
  Speaker 2: what they want to do. They've actually increased the amount
• 51:10
  Speaker 2: of oil exports that they have been able to ship out,
• 51:14
  Speaker 2: largely to China. So, you know, the whole coparale this
• 51:17
  Speaker 2: is all about hurting China, blah blah blah. First of all,
• 51:20
  Speaker 2: Iranian oil is not even a really large percentage of
• 51:23
  Speaker 2: China's energy, you know, doesn't meet a large percentage of
• 51:26
  Speaker 2: China's energy requirements overall, it's like one percent of the
• 51:29
  Speaker 2: energy that China consumes. China itself is a large oil producer.
• 51:33
  Speaker 2: They've also invested heavily in renewable energy, et cetera, et cetera.
• 51:36
  Speaker 2: But in any case, even if they were you know,
• 51:40
  Speaker 2: even if this was a big problem for them, apparently
• 51:43
  Speaker 2: they're still getting what they need from Iran in terms
• 51:46
  Speaker 2: of their energy needs. So just an incredible, incredible statistic.
• 51:51
  Speaker 2: You know, It's one thing that we have heard and
• 51:54
  Speaker 2: I've been saying, is you know, closing out the street
• 51:56
  Speaker 2: of hord Moves, they're also hurting themselves. Apparently that's not
• 51:58
  Speaker 2: the case. Apparently we are able to operate in a
• 52:01
  Speaker 2: way that we are not able to operate there at
• 52:03
  Speaker 2: this point.
• 52:04
  Speaker 1: Yeah, that's right. It's really I mean, it's just such
• 52:06
  Speaker 1: a bad, bad situation.