Latest / Ron Verb / Wednesday 3pm hour 06/17/26

Transcript

Wednesday 3pm hour 06/17/26 · Ron Verb

• 0:00
  Speaker 1: Well, the weirdest damn thing happened today.
• 0:01
  Speaker 2: 306 in the afternoon on a Wednesday, June 17th at
• 0:05
  Speaker 2: 77 degrees. It's very pleasant. It's nice to be with
• 0:08
  Speaker 2: you here. So the strangest thing happened. I pull into
• 0:11
  Speaker 2: the parking lot here at our studio, 7461 South Avenue,
• 0:16
  Speaker 2: as I normally do to come to the broadcast here
• 0:19
  Speaker 2: this afternoon, and we have some Florida grass out there,
• 0:22
  Speaker 2: and all of a sudden, I'm looking at the Florida grass,
• 0:24
  Speaker 2: and the whole Florida grass is moving.
• 0:27
  Speaker 1: It's moving.
• 0:28
  Speaker 2: I'm saying there isn't a wind or anything like that,
• 0:31
  Speaker 2: and I look at the Florida grass a little bit closer.
• 0:35
  Speaker 2: Florida grass is three, four foot high, and it's kind
• 0:38
  Speaker 2: of moving a little bit. Then it moves a little
• 0:40
  Speaker 2: bit closer, and there he is in his ghillie suit
• 0:43
  Speaker 2: sneaking out of the Florida grass. I said, oh my gosh. Look,
• 0:48
  Speaker 2: that isn't Florida grass. That's a grown adult man in
• 0:52
  Speaker 2: a ghillie suit that is undercover waiting for my arrival.
• 0:56
  Speaker 1: It's G2 who happened to be, was it hot out there?
• 1:00
  Speaker 3: It was hot, but remember, I told you that I
• 1:02
  Speaker 3: put a tunnel exit right outside the building, so it's
• 1:05
  Speaker 3: cool when I pop up.
• 1:06
  Speaker 2: Yes, I mean, you know, it is the strangest damn
• 1:09
  Speaker 2: thing to see, though. I'm just sitting back there going,
• 1:14
  Speaker 2: is that plant moving?
• 1:16
  Speaker 1: Is it moving closer to me? You know what I mean?
• 1:19
  Speaker 2: And there he is, you know, in his ghillie suits,
• 1:23
  Speaker 2: waiting for my arrival to surprise me, and he's shocked
• 1:27
  Speaker 2: and surprised me. I had to change my underwear because
• 1:32
  Speaker 2: it was very nerve-wracking for me.
• 1:35
  Speaker 1: G2, welcome.
• 1:35
  Speaker 2: You'll be in the studio with me this afternoon on
• 1:40
  Speaker 2: this Wednesday.
• 1:41
  Speaker 1: A good day for you to be here, incidentally, isn't it?
• 1:43
  Speaker 4: Oh, it is.
• 1:43
  Speaker 3: I mean, you know, I've been..
• 1:45
  Speaker 1: We're trying to understand a deal.
• 1:47
  Speaker 3: Yeah, and it's... There aren't a lot of details, and
• 1:50
  Speaker 3: in the absence of details, people are filling it in
• 1:52
  Speaker 3: with what they hope or think or might imagine.
• 1:54
  Speaker 2: Yeah, he had some press conference today. I'm just looking
• 1:59
  Speaker 2: at him. I mean, just an observation. He's looking old,
• 2:03
  Speaker 2: isn't he?
• 2:04
  Speaker 3: Well, I'll tell you what. If you're going through what
• 2:05
  Speaker 3: he's going through, and he's 80.
• 2:08
  Speaker 1: Do it at 60.
• 2:09
  Speaker 3: Do it at 50, 40. The fact that this guy's
• 2:11
  Speaker 3: still walking around under his own power is amazing. I mean,
• 2:14
  Speaker 3: you've got the economy. You've got the thing in Iran.
• 2:16
  Speaker 3: You've got you know these global negotiations he's he's chasing
• 2:19
  Speaker 3: the city of london crowd all over fighting the chinese
• 2:22
  Speaker 3: communist party it is astonishing that he's still on two
• 2:25
  Speaker 3: feet so you know i i i wouldn't be surprised
• 2:29
  Speaker 3: if he's a little tired and he just change time
• 2:30
  Speaker 3: zones uh... where was yesterday i don't know he is
• 2:35
  Speaker 3: It's not surprising that he looks a little worn out.
• 2:37
  Speaker 1: What about me? I came from Austintown to Boardman.
• 2:40
  Speaker 3: But see, you look fresh and energetic.
• 2:43
  Speaker 2: Because I had the living bejesus scared out of me
• 2:46
  Speaker 2: in the parking lot by a moving mound of Florida grass.
• 2:49
  Speaker 3: Well, you know, those Florida grass ghillie suits are harder
• 2:51
  Speaker 3: to put together because you've got to weave that long
• 2:54
  Speaker 3: grass into that.
• 2:54
  Speaker 1: Yes, I said, what are you doing out of the bunker?
• 2:57
  Speaker 3: I usually do the poison ivy ghillie suit, which is
• 3:00
  Speaker 3: great because then anybody comes close to you, you can
• 3:01
  Speaker 3: kind of, you know.
• 3:02
  Speaker 1: Yeah, you back away and that kind of stuff.
• 3:04
  Speaker 2: Yeah. All right. We'll get some calls. But, I mean,
• 3:08
  Speaker 2: I am just trying to get to the bottom of
• 3:10
  Speaker 2: this deal to fully understand it. Maybe some of our
• 3:13
  Speaker 2: listeners understand it better than your fearless leader here. I
• 3:18
  Speaker 2: don't know, the $ 300 million, he says it's not our money.
• 3:21
  Speaker 2: I'm not sure whose money it is.
• 3:24
  Speaker 3: Well, remember, there are a lot of parties. involved in
• 3:27
  Speaker 3: this deal, right?
• 3:27
  Speaker 1: It's not a deal. What is it? A memorandum of understanding.
• 3:31
  Speaker 3: Right. So this is a memorandum of understanding that would
• 3:33
  Speaker 3: lay the groundwork then to get to a deal. And
• 3:36
  Speaker 3: there are a lot of parties involved in this negotiation.
• 3:38
  Speaker 3: You've got, of course, the Pakistanis serving as the go-between.
• 3:40
  Speaker 3: You've got the Gulf Coast countries that have real existential
• 3:44
  Speaker 3: threats from Iran.
• 3:45
  Speaker 1: Now pause a minute. The Pakistanis, the people that were
• 3:47
  Speaker 1: hiding bin Laden.
• 3:49
  Speaker 3: You mean the CIA? Or what do you mean?
• 3:51
  Speaker 1: Pakistan.
• 3:51
  Speaker 4: Pakistan.
• 3:52
  Speaker 1: Oh, yeah, yeah, the CIA. Yeah, they were hiding bin Laden.
• 3:54
  Speaker 3: All right, well, if you go back and talk to
• 3:56
  Speaker 3: a guy named Kurt Weldon, he will tell you that
• 3:58
  Speaker 3: when he was in Congress at the beginning of that war,
• 4:01
  Speaker 3: he got a phone call. And a guy showed up
• 4:03
  Speaker 3: and talked about knowing exactly where bin Laden was. He
• 4:06
  Speaker 3: tracked him because they saw his falcons. Because he never
• 4:09
  Speaker 3: travels without his falcons. Because, you know, falconry is a
• 4:11
  Speaker 3: big deal. They knew he was in Pakistan.
• 4:13
  Speaker 1: You mean birds? Falcon birds? Yes. Oh, okay.
• 4:16
  Speaker 3: Yeah, not the fighter jet.
• 4:17
  Speaker 1: So they..
• 4:19
  Speaker 3: He was in– when we sent people hunting him theoretically
• 4:23
  Speaker 3: in Afghanistan, he was safely in Iran.
• 4:27
  Speaker 2: Okay, but I'm saying that when I hear Pakistan, or
• 4:30
  Speaker 2: how did Obama say it? Pakistan or something?
• 4:33
  Speaker 1: Yeah, he tried to sound local.
• 4:34
  Speaker 3: You know, that's the way Hillary sounds when she goes
• 4:37
  Speaker 3: down south and suddenly she sounds like a southern belt.
• 4:39
  Speaker 2: But when I heard Pakistan, that's the first thing I think. Oh,
• 4:43
  Speaker 2: the country that was hiding bin Laden that we had
• 4:44
  Speaker 2: to go into and get bin Laden out.
• 4:46
  Speaker 3: Yes, they are not a great ally, but they have
• 4:48
  Speaker 3: been an ally since the Cold War. And they are
• 4:51
  Speaker 3: the one group or one of the groups there that
• 4:53
  Speaker 3: can speak to all parties. So it was... Really probably
• 4:56
  Speaker 3: not a bad go-between to have if you have to
• 4:59
  Speaker 3: have one, and clearly they did. One thing that I
• 5:03
  Speaker 3: heard the other day that I hadn't really focused on
• 5:05
  Speaker 3: or heard is that in the beginning of this whole debacle,
• 5:10
  Speaker 3: Trump reached out or sent sort of, you know, messages
• 5:14
  Speaker 3: to the iranians that he could talk the way he
• 5:16
  Speaker 3: did with kim jong-un and other people that he was
• 5:18
  Speaker 3: told by the deep state don't you dare talk to
• 5:20
  Speaker 3: them you can only know what we tell you to know.
• 5:22
  Speaker 2: I wonder how he sent the message to the iranians
• 5:25
  Speaker 2: and who he sent it to.
• 5:26
  Speaker 3: Well i think he said it you know a tie
• 5:27
  Speaker 3: to the leg of a falcon because.
• 5:28
  Speaker 1: They carry pigeons because.
• 5:33
  Speaker 2: I mean what person in iran wants them to know
• 5:35
  Speaker 2: their phone number and where they're at Who in Iran
• 5:39
  Speaker 2: wants to say, keep my cell phone on, waiting for
• 5:42
  Speaker 2: his call?
• 5:43
  Speaker 3: Yeah, if somebody shows up and says, I'd like to
• 5:44
  Speaker 3: get a DNA sample, you know that.
• 5:46
  Speaker 1: Is that a jet overhead?
• 5:47
  Speaker 3: You know, the helicopters are coming. So, you know, you've
• 5:51
  Speaker 3: got to have somebody in the middle. And when he
• 5:54
  Speaker 3: reached out to the Iranians, the way this gentleman that
• 5:56
  Speaker 3: I heard speak of it, he reaches out to the
• 5:59
  Speaker 3: Iranians in whatever manner, and they decided the show of
• 6:02
  Speaker 3: strength was to not talk to him. Now, luckily, Kim
• 6:04
  Speaker 3: Jong-un didn't take that position. Of course, Trump looks at
• 6:08
  Speaker 3: that as a sign of weakness. They look at it
• 6:10
  Speaker 3: and think they're being strong and defiant. As a result,
• 6:13
  Speaker 3: they get 16,000 targets destroyed. It probably would have been better.
• 6:17
  Speaker 1: To just pick up the phone. Kind of how I
• 6:18
  Speaker 1: look at it when my wife gives me the silent treatment.
• 6:20
  Speaker 3: Exactly the same.
• 6:21
  Speaker 1: I say to myself, I'm looking strong. That's right.
• 6:24
  Speaker 3: Right? And she says that incoming.
• 6:28
  Speaker 1: I'm saying, boy, do I look tough. Keep your head down.
• 6:30
  Speaker 3: Danger close.
• 6:31
  Speaker 1: Right, right.
• 6:32
  Speaker 2: And before long, I'm whimpering like a baby.
• 6:34
  Speaker 3: Right, right.
• 6:37
  Speaker 1: So usually around dinner time.
• 6:38
  Speaker 3: So you got you got a lot of parties involved
• 6:41
  Speaker 3: in this deal that have real significant stakes in it.
• 6:45
  Speaker 3: And he's trying to hold all this together while fighting Israel,
• 6:48
  Speaker 3: you know, because Israel obviously does not want to stop there.
• 6:51
  Speaker 3: This isn't me saying it or imagining it. They say
• 6:54
  Speaker 3: we're going to finish killing all the Lebanese. I don't
• 6:57
  Speaker 3: think they say it that way. They say we're going
• 6:58
  Speaker 3: to finish conquering Lebanon or however they say they want Lebanon.
• 7:02
  Speaker 3: And I don't know if they're going to stop at
• 7:04
  Speaker 3: the Latani River. They're going to keep going north. I mean,
• 7:06
  Speaker 3: it's just hard to know what they're willing to stop at.
• 7:09
  Speaker 3: But they are extremely upset, which is why you see, like,
• 7:12
  Speaker 3: Howard Lutnick standing behind him looking frustrated. Yeah, what was
• 7:15
  Speaker 3: up with Lutnick? Why is Lutnick there? Well, Lutnick's there because,
• 7:19
  Speaker 3: you know— Shouldn't he be at Epstein Island? He should
• 7:21
  Speaker 3: be probably vacationing at this point. And I would guess
• 7:23
  Speaker 3: after this he'll be vacationing soon because he's got to
• 7:27
  Speaker 3: be frustrated that Israel isn't getting what it wants. And so—
• 7:30
  Speaker 3: um so i think he's he's a bit too close
• 7:33
  Speaker 3: to that particular actor to be effective in this and
• 7:37
  Speaker 3: i think marco rubio also who's done a fabulous job
• 7:40
  Speaker 3: in a lot of ways but you know how many
• 7:42
  Speaker 3: times did he go to the wailing wall in the
• 7:44
  Speaker 3: first year like i think it was every two weeks
• 7:47
  Speaker 3: i think that rubio has incredibly close ties and we
• 7:49
  Speaker 3: saw that when they decided to say hey maybe it's
• 7:52
  Speaker 3: not jd vance maybe it's marco that all came from
• 7:54
  Speaker 3: that same group right so so he's pretty close he's
• 7:58
  Speaker 3: got to be a little bit stretched right now And
• 8:01
  Speaker 3: so they sent J.D. Vance because he's the one that
• 8:04
  Speaker 3: was arguing for the domestic agenda when this war started.
• 8:07
  Speaker 3: He was the one loudest in the room saying no.
• 8:09
  Speaker 2: Yeah, but they were saying that this is... I don't
• 8:12
  Speaker 2: know how to describe this deal, if you will. It's
• 8:15
  Speaker 2: a memorandum of understanding. And if they don't adhere to
• 8:18
  Speaker 2: some of this stuff, we'll go right back to bombing
• 8:20
  Speaker 2: in 60 days.
• 8:21
  Speaker 1: It almost sounds like a ceasefire.
• 8:23
  Speaker 3: Well, it kind of is.
• 8:25
  Speaker 1: So it's not a deal yet?
• 8:27
  Speaker 3: No. No, it's a step in a deal. It's in
• 8:30
  Speaker 3: the process of negotiating a deal. They do the same
• 8:33
  Speaker 3: thing in transactions when you're going to buy a company.
• 8:34
  Speaker 3: You come to a memorandum of understanding sometimes. Sometimes you
• 8:37
  Speaker 3: go just to a contract. But, you know, many times
• 8:39
  Speaker 3: you start with an MOU and say, okay, we're going
• 8:40
  Speaker 3: to set the general terms, and then we're going to
• 8:43
  Speaker 3: negotiate the details. And it's how you find a– it's
• 8:47
  Speaker 3: an important milestone in moving forward to get to a conclusion. Now,
• 8:51
  Speaker 3: we may not be able to get to a conclusion.
• 8:53
  Speaker 1: Okay. I'm using this technique.
• 8:55
  Speaker 2: I mean, whenever I have a disagreement with my wife,
• 8:58
  Speaker 2: I'm going to say, let's have a memorandum of understanding.
• 9:01
  Speaker 1: Well, I'm going to use it on her. I think
• 9:04
  Speaker 1: it might work.
• 9:04
  Speaker 3: But it's possible that she believes she's imposing upon you
• 9:07
  Speaker 3: an understanding, and you can memorandum it or not.
• 9:09
  Speaker 2: She probably would say that. This is the memorandum of understanding.
• 9:13
  Speaker 2: You're not understanding what I'm telling you to do.
• 9:16
  Speaker 1: That's what she said.
• 9:17
  Speaker 3: Memorandum this, buddy.
• 9:19
  Speaker 1: What I'm telling you.
• 9:20
  Speaker 2: To do in my memorandum of understanding is get your
• 9:23
  Speaker 2: act together and pick up after yourself.
• 9:25
  Speaker 4: That's right.
• 9:26
  Speaker 1: That's what I'm telling you.
• 9:27
  Speaker 3: Got it.
• 9:28
  Speaker 1: You know what I mean? There's no negotiating.
• 9:29
  Speaker 3: No.
• 9:30
  Speaker 1: That's going on. But I am.
• 9:32
  Speaker 2: So basically, this is a we'll see if they follow
• 9:36
  Speaker 2: this for 60 days. And if not, we could go
• 9:38
  Speaker 2: right back to bombing.
• 9:39
  Speaker 1: So it's it's not like I can go.
• 9:43
  Speaker 3: No, no, no, no, no. And here's one of the
• 9:45
  Speaker 3: big challenges of this is that the entire nation in
• 9:47
  Speaker 3: real time. That's the problem with having the most transparent
• 9:50
  Speaker 3: president ever. I mean, this guy's always talking to the media,
• 9:52
  Speaker 3: takes phone calls from reporters directly. we're all going through
• 9:56
  Speaker 3: this negotiation with him but none of us are at
• 9:58
  Speaker 3: the table so we're not hearing what's actually happening. And
• 10:01
  Speaker 3: much of our interpretation come from people who love Trump
• 10:04
  Speaker 3: and can see him doing no wrong, love Israel and
• 10:07
  Speaker 3: will stand by their interest and direction at any cost
• 10:10
  Speaker 3: to Mark Levin's. And some of them hate Trump. And
• 10:13
  Speaker 3: no matter what he achieves, it'll be bad. You know, look,
• 10:17
  Speaker 3: you know, we'd Because we all have these lenses, we're
• 10:20
  Speaker 3: looking through it to color it the way we want.
• 10:22
  Speaker 3: I'm looking at it and saying, okay, if the bombing's
• 10:25
  Speaker 3: going to stop and the Lebanese are going to stop dying,
• 10:27
  Speaker 3: now we've got a shot at stabilization that could lead
• 10:30
  Speaker 3: to a transaction. And I don't buy this idea that
• 10:34
  Speaker 3: the Iranians get stronger every day. I don't understand that.
• 10:38
  Speaker 3: If they're being denied the ability to sell oil, as
• 10:40
  Speaker 3: I said before, they're being denied $ 400 million or $ 500
• 10:42
  Speaker 3: million a day. They need to continue to keep control
• 10:45
  Speaker 3: in their country. it's clear they can accept any kind
• 10:48
  Speaker 3: of real you know surrender because to be the end
• 10:51
  Speaker 3: of the regime for us to go in and force
• 10:54
  Speaker 3: the change it i keep saying this isn't a video
• 10:57
  Speaker 3: game we don't just push a few buttons on a
• 10:59
  Speaker 3: screen and all the sudden you know iran become some
• 11:01
  Speaker 3: kind of uh..
• 11:02
  Speaker 5: Uh..
• 11:02
  Speaker 3: You know subsidiary united states it's it's ninety million people
• 11:06
  Speaker 3: tens of millions of you whom hate this country and
• 11:10
  Speaker 3: it's going to be tough and we just bond them
• 11:12
  Speaker 3: sixteen thousand times that doesn't build goodwill So we're looking
• 11:17
  Speaker 3: for total capitulation.
• 11:18
  Speaker 1: You're not going to find that.
• 11:19
  Speaker 6: No.
• 11:20
  Speaker 3: As I said in February and in early March, if
• 11:23
  Speaker 3: you want total capitulation.
• 11:24
  Speaker 1: We don't understand their culture.
• 11:26
  Speaker 4: At all.
• 11:27
  Speaker 3: And, and, and so look at their motivation. Can they
• 11:29
  Speaker 3: accept surrender? No. Have we damaged them enough that they
• 11:33
  Speaker 3: feel like they're going to lose control of their country? Well, no,
• 11:36
  Speaker 3: we've blown up a lot of military targets, but they're
• 11:38
  Speaker 3: still running power. They're still drinking water, at least where
• 11:41
  Speaker 3: they have water. They've had some water problems. Uh, So
• 11:45
  Speaker 3: they're still in control and they need to maintain that control.
• 11:47
  Speaker 3: They need to look strong to the inside. which is
• 11:50
  Speaker 3: what they're trying to hold on to.
• 11:51
  Speaker 2: And they had a strategy, I think. I think their
• 11:54
  Speaker 2: strategy was let's wait it out, the midterms. I don't
• 11:56
  Speaker 2: think they were void of a strategy, too.
• 11:59
  Speaker 3: No, the strategy was real simple. It was like the
• 12:01
  Speaker 3: turtle strategy, right? Pull in your arms and legs and head.
• 12:03
  Speaker 3: You're going to lose some things, but the shell will
• 12:05
  Speaker 3: hold at least because they know.
• 12:07
  Speaker 1: We'll take this beating.
• 12:08
  Speaker 4: Yeah.
• 12:09
  Speaker 1: We'll survive.
• 12:10
  Speaker 2: And so he's got a timeline on his hands, and
• 12:14
  Speaker 2: many of the— people in the Middle East will side
• 12:18
  Speaker 2: with us because they hate the United States too.
• 12:21
  Speaker 3: Well, they may have thought that, but of course that
• 12:23
  Speaker 3: hasn't happened. And that's the thing. They're fairly isolated. You
• 12:27
  Speaker 3: haven't seen China rushing in with 900,000 troops like they
• 12:30
  Speaker 3: did in North Korea.
• 12:31
  Speaker 1: Yeah.
• 12:31
  Speaker 2: Right?
• 12:32
  Speaker 3: You haven't seen the Russians sending in fighter jets and
• 12:35
  Speaker 3: ballistic missiles. So they really are somewhat isolated, which is
• 12:39
  Speaker 3: a critical point here. You know, This country's been under
• 12:42
  Speaker 3: sanctions for decades.
• 12:43
  Speaker 2: But are their neighbors going to side with Israel or Iran?
• 12:48
  Speaker 1: They're Middle East neighbors. Who are they going to side with?
• 12:50
  Speaker 3: The Gulf Coast countries are going to side with a prosperous, safe,
• 12:53
  Speaker 3: secure future. And you know how hard they fight to
• 12:56
  Speaker 3: maintain control of their own kingdoms because they've got radicals
• 13:00
  Speaker 3: all over the place that would like very much to
• 13:01
  Speaker 3: get control of that Saudi oil field, right? They'd love
• 13:04
  Speaker 3: to have Saudi Aramco become, you know, the ISIS Aramco, right?
• 13:09
  Speaker 3: And so... I just don't think that you have a
• 13:13
  Speaker 3: large group of supporting countries that are going to do
• 13:17
  Speaker 3: a lot for them. Now, for us to go in and,
• 13:20
  Speaker 3: as everybody keeps saying, finish the job, what's that going
• 13:22
  Speaker 3: to take? Well, we're not going to do that with
• 13:24
  Speaker 3: conventional bombs. So we're either going to put a million
• 13:27
  Speaker 3: people into the Middle East and do a ground invasion,
• 13:30
  Speaker 3: because it's going to take about a million people with
• 13:32
  Speaker 3: support staff and warfighters. We're going to have to start
• 13:34
  Speaker 3: probably a draft.
• 13:35
  Speaker 1: 6,000 miles from America.
• 13:36
  Speaker 7: Right.
• 13:37
  Speaker 3: Maybe we'll have to have a draft. And then we're
• 13:39
  Speaker 3: going to probably have to use at least tactical nukes,
• 13:41
  Speaker 3: if not real nukes, because if you're going to do
• 13:43
  Speaker 3: this without a serious loss of life on our side,
• 13:45
  Speaker 3: and Israel's not going to do the groundwork. I mean,
• 13:47
  Speaker 3: they'll send in the IDF, but they don't have anywhere
• 13:49
  Speaker 3: near the force to take this country on.
• 13:52
  Speaker 2: And he knows the American people aren't going to support that.
• 13:54
  Speaker 3: Everyone knows it. The Iranians know it. So they know
• 13:56
  Speaker 3: that all they have to do is survive the bombings
• 14:00
  Speaker 3: and live to fight another day. And locking down the Gulf,
• 14:05
  Speaker 3: effectively the Strait of Hormuz, gives them leverage over the world.
• 14:08
  Speaker 3: But it also gives the world a reason to pressure
• 14:11
  Speaker 3: them to yield.
• 14:12
  Speaker 1: So it says here, the U.S.
• 14:13
  Speaker 2: Department of Treasury will issue waivers for the export of
• 14:16
  Speaker 2: Iranian crude oil, petroleum products and derivatives, and all associated
• 14:22
  Speaker 2: services including banking transactions, insurance, transportation, etc. The agreement states,
• 14:28
  Speaker 2: according to officials. Let's see, an official emphasized... The oil
• 14:33
  Speaker 2: waivers are the only major benefit Iran will receive before
• 14:36
  Speaker 2: a final agreement is reached, arguing that the move would
• 14:40
  Speaker 2: increase transparency into Iranian oil sales while helping reduce global
• 14:44
  Speaker 2: energy prices.
• 14:47
  Speaker 1: Well, there you go. It's a good outcome.
• 14:48
  Speaker 3: I mean, so that kind of helps everybody in this meantime.
• 14:52
  Speaker 3: Everybody says, well, they're getting stronger every day. They get
• 14:53
  Speaker 3: time to rebuild. So do we. You know, I mean,
• 14:56
  Speaker 3: our defense industry doesn't move quite fast enough in creating
• 15:00
  Speaker 3: Missiles and weapons, but I'm sure with the money they're
• 15:01
  Speaker 3: getting now with this trillion-dollar defense budget, they'll find a
• 15:04
  Speaker 3: way to get us a few more things at a
• 15:06
  Speaker 3: million dollars a pop. So, you know, we are not–
• 15:11
  Speaker 3: I'm not understanding how you think a country that's isolated,
• 15:15
  Speaker 3: that's not shipping oil, that has been bombed over and
• 15:18
  Speaker 3: over again, that has no control of its air or
• 15:20
  Speaker 3: navy or waters, outside of being able to stop commercial
• 15:24
  Speaker 3: cargo going through, how is it that they're doing so well?
• 15:27
  Speaker 3: They're just surviving.
• 15:28
  Speaker 2: It says, in negotiations aimed at a final agreement, the
• 15:31
  Speaker 2: memorandum also calls for the U.S. and regional partners to
• 15:35
  Speaker 2: develop a plan worth at least $ 300 billion for the
• 15:38
  Speaker 2: reconstruction and economic development of Iran. Officials stress the provision
• 15:42
  Speaker 2: does not commit the U.S. to providing the funds, arguing
• 15:45
  Speaker 2: instead it would permit outside investors. We'll talk about that in.
• 15:49
  Speaker 1: More of your calls. News Radio 570 WKBN. Ron Verp
• 15:54
  Speaker 1: from the Kingdom of Mahoney with G2 in the studio.
• 15:56
  Speaker 2: Let's mix in some calls as we go here.
• 15:58
  Speaker 1: You're on the air.
• 16:00
  Speaker 4: Hey, guys.
• 16:01
  Speaker 6: Yes.
• 16:02
  Speaker 8: You're going to have a memorandum of understanding with your wife?
• 16:05
  Speaker 7: Yes.
• 16:05
  Speaker 1: That's how I'm going to operate from now on.
• 16:08
  Speaker 8: You are a dead man.
• 16:09
  Speaker 2: No, I think it's a great idea. Don't you think
• 16:11
  Speaker 2: it'll work? Why should I have cut a deal? I'm
• 16:15
  Speaker 2: going to use it tonight. I think we have a
• 16:17
  Speaker 2: memorandum of understanding. Like I said in G2, though, I
• 16:20
  Speaker 2: know how it's going to go, because she'll say, well,
• 16:23
  Speaker 2: here's what you need to understand. You need to understand
• 16:25
  Speaker 2: to put the dishes in the dishwasher when you're done eating, period.
• 16:28
  Speaker 2: That's what you need to understand.
• 16:30
  Speaker 8: Okay, now my call is not politics, but I want
• 16:33
  Speaker 8: to get this out to everybody. We've got a birthday
• 16:36
  Speaker 8: coming up here, a 250-year birthday.
• 16:37
  Speaker 4: Okay.
• 16:39
  Speaker 8: So that gives everybody two and a half weeks to
• 16:41
  Speaker 8: find their time capsules that was buried hidden in 1926
• 16:47
  Speaker 8: and 1976. So I'd like people to go out and
• 16:52
  Speaker 8: look or investigate where they're at. And on Fourth of July,
• 16:58
  Speaker 8: we'd like to know what's in them so they can
• 16:59
  Speaker 8: call in.
• 17:02
  Speaker 2: What makes you think people have a buried time capsule, incidentally?
• 17:05
  Speaker 2: Because I've been around all this time, and I've never
• 17:08
  Speaker 2: really buried a time capsule.
• 17:10
  Speaker 4: Really?
• 17:11
  Speaker 1: Yeah, really.
• 17:13
  Speaker 3: Isn't there one in Struthers or Campbell? Isn't there one
• 17:15
  Speaker 3: next to one of the lakes? I'm just talking.
• 17:19
  Speaker 1: Who has buried capsules?
• 17:20
  Speaker 8: School districts do. We were kids. Somebody buried a time
• 17:26
  Speaker 8: capsule for us in 1976. So I'd like to know
• 17:30
  Speaker 8: where that went.
• 17:32
  Speaker 2: And what's probably what do you mean where that went?
• 17:34
  Speaker 2: It probably is right where they buried it.
• 17:37
  Speaker 8: Where we're at, Ron. A lot of people who did
• 17:40
  Speaker 8: this have already died. A lot of buildings have burned
• 17:44
  Speaker 8: down that had information and on and on and on.
• 17:47
  Speaker 5: So.
• 17:48
  Speaker 1: All right.
• 17:49
  Speaker 8: I'd like to know.
• 17:50
  Speaker 1: All right. I got you. Thank you. Thank you. That's unique.
• 17:53
  Speaker 1: You're on here.
• 17:55
  Speaker 2: Right.
• 17:56
  Speaker 4: I took time out from buying stocks today. to read
• 18:01
  Speaker 4: that memorandum of understanding?
• 18:03
  Speaker 1: Yes, Frank from Fort Lauderdale. Go ahead. Give me your thoughts.
• 18:07
  Speaker 1: I'm interested.
• 18:08
  Speaker 4: Okay, but first I wanted to say that I bought
• 18:13
  Speaker 4: stocks because the market crashed because Walsh said he's not
• 18:17
  Speaker 4: going to raise rates now, but he will later in
• 18:21
  Speaker 4: the year. So I'm picking up some stocks real cheap
• 18:25
  Speaker 4: while it's crashing.
• 18:28
  Speaker 2: Dow tumbles 300 points after rates jump as Fed officials
• 18:33
  Speaker 2: signal possible hike this year. Well, I bet you that. Now, seriously,
• 18:38
  Speaker 2: that's got to really piss Trump off.
• 18:41
  Speaker 4: It sure is.
• 18:42
  Speaker 2: I mean, because that's what his problem was with the
• 18:45
  Speaker 2: former Fed guy, that he wanted to lower rates. Then
• 18:49
  Speaker 2: he puts this guy in, and he's talking about raising rates.
• 18:52
  Speaker 4: Well, interest on the national debt. will cost the federal
• 18:56
  Speaker 4: government more money now.
• 18:59
  Speaker 6: Yeah.
• 19:00
  Speaker 1: But you're right.
• 19:01
  Speaker 2: The market went down today as a result.
• 19:04
  Speaker 4: Oh, by the way, that guy that was not happy
• 19:07
  Speaker 4: when I said when investments go way up in two,
• 19:11
  Speaker 4: three days in a row, you might want to short
• 19:15
  Speaker 4: sell in case there's profit taking.
• 19:18
  Speaker 1: Yeah, stand by.
• 19:19
  Speaker 7: Stand by.
• 19:21
  Speaker 1: Back after the headlines. Ron Furb with G2. Stay tuned.
• 19:24
  Speaker 1: Start knowing. News Radio 570. WKVWKVN. All right, let's get
• 19:29
  Speaker 1: back to it. 335 in the afternoon. It's a gorgeous day.
• 19:32
  Speaker 1: It's 76 degrees.
• 19:34
  Speaker 2: Fort Lauderdale, Frank, is talking about the market's down today
• 19:38
  Speaker 2: because of the Fed guy saying he might raise interest rates.
• 19:40
  Speaker 1: Okay, pick it up, Frank.
• 19:42
  Speaker 4: And also, it sounds like Iran is dictating terms. The
• 19:47
  Speaker 4: return of $ 12 billion in frozen funds. in the lifting
• 19:51
  Speaker 4: of sanctions. And you know, within 60 days, the U.S.
• 19:55
  Speaker 4: will have to release the final $ 12 billion in Iran's
• 19:58
  Speaker 4: frozen assets. But in return, Iran will forego the development
• 20:03
  Speaker 4: of nuclear weapons. But I read the head of UAE
• 20:07
  Speaker 4: security traveled to Iran allegedly to release two billion frozen
• 20:13
  Speaker 4: funds to Iran. And also, with support from China, Pakistan
• 20:19
  Speaker 4: may well be selling Chinese J-10C fighters to Qatar, Bahrain,
• 20:24
  Speaker 4: Saudi Arabia, and Egypt. Because my guess is the Arabs
• 20:28
  Speaker 4: know they can't depend on Washington for protection in exchange
• 20:33
  Speaker 4: for requiring countries buying oil with U.S.
• 20:36
  Speaker 6: Dollars.
• 20:38
  Speaker 2: Okay, now pause for a second. So explain the deal.
• 20:42
  Speaker 2: Do you think the deal was a good— what we know
• 20:45
  Speaker 2: about it was good, bad? How do you assess this memorandum?
• 20:50
  Speaker 4: I think it was total capitulation. You know, Trump said
• 20:54
  Speaker 4: many times in the 2024 campaign that if you vote
• 20:58
  Speaker 4: for Kamala, you will get war, and if you vote
• 21:01
  Speaker 4: for me and J.D.
• 21:02
  Speaker 6: Vance, you won't.
• 21:03
  Speaker 4: You know, Iran didn't enrich to 60% until the Iran
• 21:07
  Speaker 4: deal was nullified by Trump. Before that, there were inspections
• 21:12
  Speaker 4: and invasive surveillance, and nobody thought Iran was about to
• 21:16
  Speaker 4: get a nuclear. Even Tulsi Gabbard said the intelligence community
• 21:20
  Speaker 4: was convinced that Iran wasn't even trying. Ron, I've been hearing..
• 21:25
  Speaker 2: Okay, now hang on a second. Just hang on a second.
• 21:28
  Speaker 2: The $ 300 billion that's supposed to go to..
• 21:32
  Speaker 1: Iran.
• 21:33
  Speaker 2: Explain that to me, Frank. It says, in negotiations aimed
• 21:36
  Speaker 2: at a final agreement, the memorandum also calls for the U.S.
• 21:39
  Speaker 2: and regional partners to develop a plan worth at least
• 21:42
  Speaker 2: $ 300 billion for the reconstruction and economic development of Iran.
• 21:46
  Speaker 2: Officials stress the provision does not.
• 21:49
  Speaker 1: Commit the U.S.
• 21:49
  Speaker 2: To providing the funds, arguing instead it would permit outside
• 21:53
  Speaker 2: investment if a final deal is reached and Iran complies
• 21:56
  Speaker 2: with its obligations.
• 21:58
  Speaker 1: What's that mean?
• 21:59
  Speaker 4: Well, I think a little difference there. That $ 300 billion
• 22:04
  Speaker 4: is to reconstruct Iran for us and Israel destroying their country.
• 22:09
  Speaker 4: But the $ 24 billion in frozen assets is part of
• 22:13
  Speaker 4: that memorandum of understanding if Trump signs it. And you
• 22:18
  Speaker 4: know what, Ron? I'm sick and tired of hearing that
• 22:22
  Speaker 4: Iran is two weeks away from a nuclear weapon. I've
• 22:26
  Speaker 4: been hearing that for 40 years now. You know, the
• 22:32
  Speaker 4: latest polls say that 63% of American Jews oppose the
• 22:37
  Speaker 4: government of Israel, like Ben Cohen of Ben and Jerry's,
• 22:41
  Speaker 4: for example. Now, the Greater Israel Project is from Palestine
• 22:47
  Speaker 4: to Pakistan. Israel wants all that territory. But, you know,
• 22:51
  Speaker 4: the majority of American Jews are America's most productive citizens
• 22:56
  Speaker 4: and want no part of Israel's genocide and other war crimes.
• 23:01
  Speaker 4: You just got the Republican right-wingers like Jacob Designist that
• 23:08
  Speaker 4: are cheerleading for this war, but none of them, like
• 23:11
  Speaker 4: Rich the pharmacist, are willing to enlist and go over
• 23:15
  Speaker 4: there and fight.
• 23:15
  Speaker 2: Well, they're too old. I mean, Rich is too old.
• 23:17
  Speaker 2: I believe, first of all, Rich has flat feet and
• 23:19
  Speaker 2: he's too old. hang on a second hang on any
• 23:23
  Speaker 2: comment g2 well wait a second there you.
• 23:25
  Speaker 3: Go i think ben cohen uh the ben from ben
• 23:28
  Speaker 3: and jerry's he's so he's a lib he hates the
• 23:30
  Speaker 3: united states too so i don't look to him for
• 23:33
  Speaker 3: guidance on anything political or geopolitical or anything that guy
• 23:36
  Speaker 3: i mean he's just a nut but the but the
• 23:39
  Speaker 3: comment you made about tulsi gabbard is a critical element
• 23:42
  Speaker 3: here you know yeah you've been hearing this your whole
• 23:44
  Speaker 3: life that they're two weeks away what are they going
• 23:45
  Speaker 3: to tell us now four weeks you know last summer
• 23:48
  Speaker 3: we were told The nuclear program is in these three locations.
• 23:51
  Speaker 7: Great.
• 23:52
  Speaker 3: Trump destroys them. Almost no loss of life, no war.
• 23:55
  Speaker 1: A bunker buster.
• 23:56
  Speaker 3: Yeah, really great execution. And they all wasn't there.
• 23:58
  Speaker 1: And I believe it was successful. I really do believe that.
• 24:00
  Speaker 3: Well, whatever was there was taken out, right? Then it's, oh, well,
• 24:03
  Speaker 3: it wasn't just there. No, they're going to dig out. No,
• 24:05
  Speaker 3: we've got to go in and attack them again. They've
• 24:07
  Speaker 3: been pushing for this war for four decades, at least.
• 24:10
  Speaker 3: I guess since 1947, probably. I don't know. They've wanted
• 24:13
  Speaker 3: this war since before Israel was founded. So it is absolutely–
• 24:18
  Speaker 3: there is absolutely nothing that is going to satisfy the
• 24:22
  Speaker 3: Israelis except the total destruction of Iran. I mean that's
• 24:25
  Speaker 3: what they wanted. I've referenced many times now this Trump
• 24:29
  Speaker 3: term one silly drone thing they did where they flew
• 24:32
  Speaker 3: a drone really close to Iran. It got shot down.
• 24:34
  Speaker 3: They launched the bombers and Trump says, how many civilians
• 24:38
  Speaker 3: are going to die? They gave him a number. He said, OK,
• 24:39
  Speaker 3: it's not worth it. It was a robot.
• 24:40
  Speaker 6: Let it go.
• 24:41
  Speaker 3: They tried and tried and tried to provoke this war
• 24:44
  Speaker 3: now they have all right i don't think it was
• 24:46
  Speaker 3: a great idea to do this work this time and
• 24:48
  Speaker 3: and the comments about policy ever correct why was she
• 24:51
  Speaker 3: not coming out during this time and saying on a
• 24:53
  Speaker 3: no there's a nuclear threat you're all missing the point
• 24:56
  Speaker 3: and she didn't she came out before this war and
• 24:59
  Speaker 3: said there really was no serious nuclear threat by all
• 25:02
  Speaker 3: right so we did the bombing it's off the table
• 25:04
  Speaker 3: that wasn't enough so they bring it back and there
• 25:06
  Speaker 3: are millions of americans that believe we were all about
• 25:09
  Speaker 3: to die in a mushroom cloud from iran And it's
• 25:12
  Speaker 3: just not true. So, okay, let's, so that's, I agree, Frank,
• 25:15
  Speaker 3: that's off the table, right? That's just not real. So
• 25:18
  Speaker 3: now we're in..
• 25:18
  Speaker 4: G2, are you aware that Iran is the most peaceful
• 25:23
  Speaker 4: nation in the world after Switzerland?
• 25:26
  Speaker 3: No.
• 25:26
  Speaker 4: They haven't attacked anybody for two and a half centuries.
• 25:29
  Speaker 3: Well, I'll tell you what, I'll take a slight twist
• 25:31
  Speaker 3: on that. Iran has avoided war in their own country because,
• 25:35
  Speaker 3: like us, they fund wars in other countries. So, you know,
• 25:38
  Speaker 3: we don't fight in New Jersey because we fight in
• 25:40
  Speaker 3: a global war.
• 25:40
  Speaker 4: Do you blame them?
• 25:41
  Speaker 3: Well, it's not about blame. We don't fight in New
• 25:44
  Speaker 3: Jersey because we fight all over the world. They don't
• 25:49
  Speaker 3: fight in Iran because they've got Hezbollah, the Houthis, and
• 25:51
  Speaker 3: they've got Hamas that are fighting around Israel, keeping Israel engaged,
• 25:55
  Speaker 3: and doing other things. And because they're very formidable as
• 25:58
  Speaker 3: a country. Geography, population, attitudes is a very tough place
• 26:03
  Speaker 3: to crack. So Iran has successfully kept war from their shores,
• 26:07
  Speaker 3: as we have, until now. so so the strategies worked
• 26:11
  Speaker 3: but i wouldn't consider them a peaceful country given their
• 26:14
  Speaker 3: constant funding of attacks in other places remember when the u.s.
• 26:18
  Speaker 3: embassy was breached on december thirty one two thousand nineteen
• 26:22
  Speaker 3: whose name was written on the outside wall of that
• 26:24
  Speaker 3: embassy i'm sorry wasn't breached it was attacked they didn't
• 26:27
  Speaker 3: get in and they underestimated trump but whose name was
• 26:30
  Speaker 3: written on that wall general solomani because he was the
• 26:34
  Speaker 3: one that orchestrated that assault on and i think with
• 26:36
  Speaker 3: some friends united states who wanted to take trump out
• 26:38
  Speaker 3: of office named the democrat party i think they definitely
• 26:41
  Speaker 3: never have freaked out they got when solomony got killed
• 26:44
  Speaker 3: why was that because he's their ally that's why the.
• 26:46
  Speaker 4: Democrats freaked out who's killing shiites in syria is it iranians.
• 26:52
  Speaker 3: That to think that the iranians have been active in
• 26:54
  Speaker 3: syria would.
• 26:55
  Speaker 4: Be a little naive and and that that makes them
• 26:59
  Speaker 4: a war-like country i completely disagree with you and you
• 27:02
  Speaker 4: know what i read a military journal that says the
• 27:06
  Speaker 4: iranian uranium is secure, it would take 100,000 ground troops
• 27:12
  Speaker 4: or more. And they could be going through that country
• 27:15
  Speaker 4: for a year and still maybe not find it.
• 27:18
  Speaker 3: Oh, we're not invading Iran with 100,000 ground troops. Nothing
• 27:20
  Speaker 3: like that. It would be many, many, many more than
• 27:22
  Speaker 3: that in order to effectively penetrate that country.
• 27:27
  Speaker 1: That's not going to happen, though, right?
• 27:29
  Speaker 3: No. There's no way it's going to happen. The American
• 27:31
  Speaker 3: people won't support it. It will change everything, and no,
• 27:35
  Speaker 3: it's not going to happen.
• 27:36
  Speaker 1: All right, quick comment, Frank. Who do you think, so
• 27:39
  Speaker 1: what do you make of the Memorandum of Understanding in general?
• 27:44
  Speaker 4: Well, I think it trumps between a rock and a
• 27:47
  Speaker 4: hard place if he doesn't sign it. And the war
• 27:50
  Speaker 4: continues on. Look at inflation. Look how bad the economy
• 27:56
  Speaker 4: is doing. I mean, you know what? We're going to
• 28:00
  Speaker 4: have higher unemployment. Stagflation will continue. If he doesn't do
• 28:05
  Speaker 4: this deal soon... It's not so much that oil prices
• 28:09
  Speaker 4: will keep going up. High oil prices causes recessions and depressions,
• 28:15
  Speaker 4: not inflation. It's the Federal Reserve. And by the way, G2,
• 28:20
  Speaker 4: you said recently that Congress has the power to print money.
• 28:24
  Speaker 4: You are dead wrong. It's the Federal Reserve that has
• 28:27
  Speaker 4: the power to print and create money. Congress... has the
• 28:31
  Speaker 4: power to tax and spend. They control fiscal policy. The
• 28:36
  Speaker 4: Fed controls monetary policy. You are totally wrong on that.
• 28:40
  Speaker 3: Well, that's great news, Frank, because then that means Congress
• 28:42
  Speaker 3: can only spend what it taxes, and that means we're
• 28:44
  Speaker 3: going to have a balanced budget. So I'm excited to
• 28:47
  Speaker 3: hear your analysis. That's brilliance. Could you convey that message
• 28:51
  Speaker 3: to Spender Johnson and this idiot Thune?
• 28:53
  Speaker 1: We'll spend more than we take in.
• 28:55
  Speaker 3: They run $ 2 trillion debits. What do you think? They
• 28:59
  Speaker 3: go down to Walmart and pick up the cash out
• 29:00
  Speaker 3: of the drawers at night? Where do you think it's
• 29:02
  Speaker 3: coming from? It's just a dumb argument.
• 29:05
  Speaker 1: All right, fellas. Thank you.
• 29:07
  Speaker 4: Congress doesn't have the power to print money, G2.
• 29:09
  Speaker 2: But they're spending more than they've taken in. Yeah, and
• 29:12
  Speaker 2: it just appears out of the sky.
• 29:14
  Speaker 1: So they don't print the money, but they spend more
• 29:16
  Speaker 1: than it. They put us in a debt.
• 29:17
  Speaker 3: That's correct. And technically, the Treasury should be the ones
• 29:20
  Speaker 3: doing the printing. But that's a silly point.
• 29:22
  Speaker 4: All right.
• 29:23
  Speaker 1: You're on the air. Ron Furber, G2.
• 29:24
  Speaker 2: Hello.
• 29:26
  Speaker 7: Now this big large sink this is pete this good
• 29:29
  Speaker 7: large mom money that being held at two hundred or
• 29:32
  Speaker 7: five hundred billion or whatever that.
• 29:33
  Speaker 3: Was $ 24 billion.
• 29:36
  Speaker 7: Yeah, $ 24 billion. I think what brought this war to
• 29:39
  Speaker 7: a dead stop is when Iran was always being able
• 29:45
  Speaker 7: to get money into the country to make the country work.
• 29:48
  Speaker 7: And it was due to because of Saudi Arabia and
• 29:51
  Speaker 7: United Emirates that secretly helped them take oil from From Iran,
• 30:00
  Speaker 7: put it in other tankers, and send it out of there.
• 30:03
  Speaker 7: And there started a banking industry hid from everybody else.
• 30:07
  Speaker 7: And they're holding it. Saudi Arabia and United Arab Emirates.
• 30:15
  Speaker 7: But anyhow, they said, you've got to stop because we're
• 30:19
  Speaker 7: going to hold this money.
• 30:21
  Speaker 3: So there's a ghost fleet, right, of these tankers that
• 30:24
  Speaker 3: are supposed to not be traceable, that everybody knows exist.
• 30:26
  Speaker 3: And they sail around with these cargos out of places
• 30:29
  Speaker 3: like Iran and other sanctioned oil. And they'll go somewhere
• 30:31
  Speaker 3: like the Malacca Straits, and they'll transfer it from one
• 30:33
  Speaker 3: ship to another. This all happens in broad daylight. Again,
• 30:35
  Speaker 3: as we all know, we can surveil any part of
• 30:38
  Speaker 3: the planet at any time in great detail. So there
• 30:40
  Speaker 3: is a ghost fleet. Go ahead.
• 30:42
  Speaker 7: I'm sorry. That was not my point, sir.
• 30:44
  Speaker 9: Oh, sorry.
• 30:44
  Speaker 7: My point was they turned around and told Iran, enough
• 30:47
  Speaker 7: is enough. You bombed us. There was no reason for
• 30:50
  Speaker 7: you to bomb us. I mean, if you had just
• 30:52
  Speaker 7: bombed Americans that had been ours of another color... But
• 30:55
  Speaker 7: you bombed us personally. You want this money?
• 30:59
  Speaker 2: Bend.
• 31:00
  Speaker 3: I think the $ 24 billion actually were assets seized back
• 31:03
  Speaker 3: in the shop, Phil.
• 31:04
  Speaker 1: Yeah, it's their money.
• 31:05
  Speaker 3: Yeah, they've had it. That's like the money that Obama
• 31:08
  Speaker 3: gave them back. And there were two things there. I
• 31:11
  Speaker 3: don't think it was one. I think there was some
• 31:12
  Speaker 3: money he was secretly giving them. And then this $ 1. 8
• 31:15
  Speaker 3: billion he was returning of their assets.
• 31:17
  Speaker 2: I think I can explain it so this guy understands it.
• 31:19
  Speaker 2: I can explain it so you understand it when I
• 31:21
  Speaker 2: say it's their money. It's the equivalent of like when
• 31:24
  Speaker 2: your wife caller would go out and buy you a
• 31:26
  Speaker 2: Christmas gift using.
• 31:27
  Speaker 1: Your charge card. You follow me?
• 31:30
  Speaker 2: It was like, here's your Christmas gift, but it was
• 31:33
  Speaker 2: your money that bought it.
• 31:34
  Speaker 1: You just didn't know it. You see?
• 31:36
  Speaker 7: Oh, well, you see, that's the point. It was in
• 31:38
  Speaker 7: the fine print of our marriage license. I got married,
• 31:42
  Speaker 7: and it was written there in fine, fine print. It
• 31:45
  Speaker 7: was so fine, you couldn't put it under a telescope
• 31:47
  Speaker 7: to read it.
• 31:47
  Speaker 1: That your money is her money?
• 31:49
  Speaker 7: How did you get to be boss? And I got told, well,
• 31:53
  Speaker 7: you didn't read the fine print, did you?
• 31:55
  Speaker 1: Apparently not.
• 31:57
  Speaker 2: Because as I understand it, I understand your money is
• 32:00
  Speaker 2: her money, and her money is her money.
• 32:03
  Speaker 6: Right?
• 32:04
  Speaker 1: I'm the boss.
• 32:05
  Speaker 7: As long as I do what's on the list that
• 32:07
  Speaker 7: you gave me once you walked out the door.
• 32:10
  Speaker 1: Absolutely.
• 32:12
  Speaker 2: I they they say they'll give the 24 billion back
• 32:16
  Speaker 2: if Iran adheres to the deal.
• 32:18
  Speaker 1: There's strings attached to it.
• 32:19
  Speaker 6: Well, right.
• 32:19
  Speaker 3: And you've got to give them incentives. And so returning
• 32:21
  Speaker 3: their own money is not a bad thing if we
• 32:23
  Speaker 3: can get to a deal. But but the whole point
• 32:26
  Speaker 3: of this 300 billion, this is the part I really
• 32:27
  Speaker 3: like is this 300 billion.
• 32:29
  Speaker 1: How do you like this?
• 32:30
  Speaker 3: Well, because the way I think this is, I don't
• 32:32
  Speaker 3: believe this is Donald Trump getting the Fed to print
• 32:35
  Speaker 3: money so the Congress can write a check. to rebuild
• 32:38
  Speaker 3: iran to give them three hundred billion dollars they can
• 32:40
  Speaker 3: go play with as they wish that's not how this
• 32:42
  Speaker 3: is going to work taking a lesson from belton road
• 32:44
  Speaker 3: and from the imf and the way they do these
• 32:46
  Speaker 3: these you know country crippling deals they're they're going to
• 32:49
  Speaker 3: go in and and make targeted investments that'll be funded
• 32:52
  Speaker 3: by outsiders now who's better to do that than the
• 32:56
  Speaker 3: than the sunnis across the shiites across the way the
• 32:59
  Speaker 3: sunnis across the way who's better to do this than
• 33:02
  Speaker 3: the gulf coast countries who have plenty of cash need
• 33:06
  Speaker 3: that straight opened You know, Trump's trying to find a
• 33:09
  Speaker 3: way to bind Iran back into the world of, you know,
• 33:12
  Speaker 3: the community of nations, right? This gives people a reason
• 33:15
  Speaker 3: to invest in it. They're going to have to meet requirements.
• 33:18
  Speaker 3: It's going to happen over time. Three hundred billion into
• 33:21
  Speaker 3: that country is a fair bit of money. Now, our Congress,
• 33:24
  Speaker 3: they'll just burn that in the afternoon.
• 33:25
  Speaker 2: Isn't that, though, for it to rebuild, Orion, though, the
• 33:28
  Speaker 2: three hundred billion?
• 33:28
  Speaker 3: Yes, but it'll be to rebuild, which means it's going
• 33:31
  Speaker 3: to take time. It's going to have to be targeted investments.
• 33:35
  Speaker 3: Unless he just throws this to the wind and says, oh, no,
• 33:37
  Speaker 3: I'm just giving them three hundred billion in cash. They
• 33:39
  Speaker 3: can do whatever they want with it. I just don't
• 33:40
  Speaker 3: see Trump doing that. That would be un-Trumpian.
• 33:45
  Speaker 7: On the other part, though. granted, they're going to say
• 33:49
  Speaker 7: they're going to use that to rebuild their country, help
• 33:51
  Speaker 7: their country out. And that's what Obama did. And we're
• 33:55
  Speaker 7: back to the Obama plan, but a little bit more
• 33:58
  Speaker 7: added to it, I guess. No, no, no, no.
• 34:00
  Speaker 3: What Obama did was ship them pallets of cash. He
• 34:02
  Speaker 3: just released cash to them to be used for any purpose.
• 34:05
  Speaker 1: That was their money.
• 34:06
  Speaker 7: Well, their money plus interest.
• 34:14
  Speaker 3: But then they were free to ship that money out
• 34:16
  Speaker 3: to anybody they wanted, use it for any purpose they wanted,
• 34:18
  Speaker 3: buy weapons, make investments, or buy weapons. They were able
• 34:22
  Speaker 3: to use it for Hamas, the Houthis, Hezbollah. So what
• 34:26
  Speaker 3: Obama did was he gave energy and money and resources
• 34:31
  Speaker 3: to the terrorist machine that he liked, that was going
• 34:34
  Speaker 3: to continue to disrupt the region. I don't believe that's
• 34:38
  Speaker 3: what this is. I know that's what we're all assuming.
• 34:41
  Speaker 3: It's not what the words we're seeing right now are saying,
• 34:43
  Speaker 3: and I don't think that's where it ends up. So
• 34:45
  Speaker 3: you want an investment that's going to take time, meaning
• 34:47
  Speaker 3: they have to comply over time. You want it to
• 34:49
  Speaker 3: be something that's a targeted investment, not just cash that
• 34:52
  Speaker 3: can flow out to anybody with an AK-47 and a
• 34:55
  Speaker 3: shoulder-fired rocket. That's where this begins to be a productive
• 35:00
  Speaker 3: use of $ 300 billion. And those Gulf Coast countries can
• 35:03
  Speaker 3: make that investment and never miss the money.
• 35:05
  Speaker 7: Okay, so they get that $ 300 billion and then they
• 35:08
  Speaker 7: turn right around and say, we're going to do this,
• 35:10
  Speaker 7: we're going to do that, but we're going to spend
• 35:12
  Speaker 7: a million dollars on armaments. Russia, China, you know, and
• 35:18
  Speaker 7: they'll hide it there somewhere to get it there.
• 35:23
  Speaker 3: Think of it like Belt and Road. The way, you know,
• 35:25
  Speaker 3: when China comes in and says, we're going to give
• 35:26
  Speaker 3: you a billion and a half dollars, they don't write
• 35:29
  Speaker 3: a check. They say, okay, first you have to take
• 35:31
  Speaker 3: 250,000 Chinese guys and they move them into whatever country.
• 35:34
  Speaker 3: Then they say, okay, we're going to buy your concrete,
• 35:36
  Speaker 3: your rebar, and we're going to build your bridge. As
• 35:38
  Speaker 3: you know from the bridge down in Panama, sometimes there
• 35:41
  Speaker 3: are no roads to those bridges. They're literally bridges to nowhere.
• 35:45
  Speaker 3: But they're going to invest in specific infrastructure because that's
• 35:48
  Speaker 3: what they want. Now they go in and they build
• 35:49
  Speaker 3: ports for countries and they build other things for countries
• 35:51
  Speaker 3: that those countries need because that binds them to the
• 35:54
  Speaker 3: countries over the long term and they implant their own
• 35:57
  Speaker 3: people there. There won't be, I don't think, a personnel
• 35:59
  Speaker 3: element to this. But I think this will be targeted investments,
• 36:03
  Speaker 3: not just cash that could be used to go out
• 36:04
  Speaker 3: and buy materiel.
• 36:05
  Speaker 1: All right.
• 36:06
  Speaker 2: But the interesting thing, just as a side note, I mean,
• 36:10
  Speaker 2: I was looking into this where Obama sent this plane
• 36:14
  Speaker 2: load of cash.
• 36:15
  Speaker 3: Yeah.
• 36:15
  Speaker 2: And he had to go to– I mean, the government
• 36:17
  Speaker 2: went to all of these banks in Virginia and everything
• 36:19
  Speaker 2: and took all the cash.
• 36:20
  Speaker 3: And went to Switzerland and transferred it into non-dollars.
• 36:23
  Speaker 1: Yeah, they had to go round up this cash. They
• 36:26
  Speaker 1: couldn't do an electronic transfer.
• 36:27
  Speaker 3: No, and they had to get it out of U.S. currency,
• 36:29
  Speaker 3: so they put it into pallets, at least for that cash.
• 36:32
  Speaker 1: But they had to go to local banks and everything
• 36:34
  Speaker 1: to get the money.
• 36:35
  Speaker 3: Yeah.
• 36:36
  Speaker 7: I'm still saying there's going to be a way they
• 36:37
  Speaker 7: can hide it and do what they still wanted as
• 36:39
  Speaker 7: they did before.
• 36:40
  Speaker 2: All right.
• 36:41
  Speaker 1: Thank you, my friend. I'll be back. 570 WKBN.
• 36:47
  Speaker 6: All right.
• 36:47
  Speaker 1: News Radio 570 WKBN. You're on the air.
• 36:51
  Speaker 6: Gentlemen, good afternoon. Always an encouraging day when Frank from
• 36:56
  Speaker 6: Fort Lauderdale gets on with the anti-Semitism. I always enjoy that.
• 36:59
  Speaker 1: Oh, no, knock it off. Okay, go ahead.
• 37:02
  Speaker 6: Well, I would accept that it's true. I mean, I
• 37:05
  Speaker 6: don't call people things if it's not deserving, but he
• 37:09
  Speaker 6: definitely has a problem with the Jewish people. And as
• 37:14
  Speaker 6: far as stocks being so much on sale today and
• 37:17
  Speaker 6: he's making so much money, Right now, they're still higher
• 37:20
  Speaker 6: than they closed out Monday. So I don't know what
• 37:22
  Speaker 6: kind of a financial guru this guy is, but it's
• 37:25
  Speaker 6: not like the market crashed today. It's down about eight-tenths
• 37:28
  Speaker 6: of a percent.
• 37:30
  Speaker 2: It's down, you know, 500 points on the Dow is significant.
• 37:33
  Speaker 2: S & P is down 91. NASDAQ is down 355.
• 37:37
  Speaker 2: I mean, when it's talking a major down day, I mean,
• 37:42
  Speaker 2: everything's in the red as I'm looking.
• 37:44
  Speaker 6: A 1% move is not a crash. Okay. 1928 was
• 37:48
  Speaker 6: a crash. 1% on a daily basis is nothing to
• 37:54
  Speaker 6: get excited about.
• 37:54
  Speaker 1: Stand by. Hang on, Rich. Hang on.
• 37:56
  Speaker 2: We're coming back after the break at 4. Rich, a
• 37:59
  Speaker 2: pharmacist and more straight ahead.
• 38:04
  Speaker 5: From ABC News, I'm Michelle Franzen.
• 38:07
  Speaker 9: The U.S.
• 38:08
  Speaker 5: Offering details of the Memo of Understanding between the U.S.
• 38:11
  Speaker 5: and Iran, now set to be signed Friday in Geneva...
• 38:14
  Speaker 5: The proposal includes a 60-day ceasefire on all fronts, including Lebanon,
• 38:19
  Speaker 5: so talks can resume and reopening the Strait of Hormuz.
• 38:22
  Speaker 5: and also finalizing a nuclear deal. ABC's Jonathan Karl says
• 38:26
  Speaker 5: Iran could also get key sanctions lifted.
• 38:28
  Speaker 10: The single most important sanctions were the sanctions that denied
• 38:33
  Speaker 10: Iran the ability to sell its oil on the international market. Now,
• 38:37
  Speaker 10: they did sell their oil anyway through shadow fleet on
• 38:42
  Speaker 10: the black market, but this cost Iran dearly. Now, immediately
• 38:46
  Speaker 10: upon signing this, They have access to international oil markets,
• 38:50
  Speaker 10: something they have not had for many years under many
• 38:53
  Speaker 10: different U.S.
• 38:54
  Speaker 1: Presidents.
• 38:55
  Speaker 5: At the G7 summit, President Trump says if Iran behaves,
• 38:58
  Speaker 5: they can get access to frozen funds. After federal authorities
• 39:01
  Speaker 5: disrupted an alleged drone attack at Sunday's UFC event at
• 39:05
  Speaker 5: the White House, the Justice Department now says it bolsters
• 39:08
  Speaker 5: the case for a secured White House ballroom.
• 39:11
  Speaker 9: The overnight filing to the D.C. Circuit Appeals Court has
• 39:13
  Speaker 9: the Justice Department arguing the plot to attack the UFC
• 39:16
  Speaker 9: fight with drones and snipers, is exactly the kind of
• 39:19
  Speaker 9: threat the Ballroom Project would protect against. The Secret Service's
• 39:23
  Speaker 9: deputy director has said despite the plot, the UFC event
• 39:26
  Speaker 9: was never at risk. But the Justice Department says the
• 39:29
  Speaker 9: plot underscore the need for a drone port and sniper
• 39:32
  Speaker 9: nests on the roof of the ballroom. The appeals court
• 39:34
  Speaker 9: is still weighing whether it will allow a lower court's
• 39:37
  Speaker 9: order blocking construction to take effect. Stephen Portnoy, ABC News, Washington.
• 39:41
  Speaker 5: Dangerous storms targeting Midwest states today. The outbreak will include hail,
• 39:46
  Speaker 5: flash flooding, damaging winds, and possible tornadoes. Central Illinois and
• 39:50
  Speaker 5: Indiana facing the biggest threat. In the Gulf States, residents
• 39:54
  Speaker 5: already dealing with flooding, now bracing for Tropical Storm Arthur,
• 39:57
  Speaker 5: the first of the hurricane season, with life-threatening flash flooding.
• 40:01
  Speaker 6: Reported.
• 40:01
  Speaker 5: You're listening to ABC News.