Latest / The Bill Handel Show / Iran-US War: Game of Economics | Pablo Escobar’s ‘Cocaine Hippos’

Transcript

Iran-US War: Game of Economics | Pablo Escobar’s ‘Cocaine Hippos’ · The Bill Handel Show

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  Speaker 1: You're List Saints KFI AM six forty. The Bill Handles
• 0:04
  Speaker 1: show on demand on the iHeartRadio app Handle Here at
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  Speaker 1: Taco Tuesday with the Morning Crowd, April fourteen. Okay, what's
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  Speaker 1: going on in the world. Well, front burner for the
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  Speaker 1: entire planet is the fight between Iran and the United States.
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  Speaker 1: And one of the things that really wasn't anticipated, although
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  Speaker 1: the military people had told the administration this could very
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  Speaker 1: well happen, was that Iran was going to blockade the
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  Speaker 1: Strait of Hormuz because they're there and they have even
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  Speaker 1: though their navy has been effectively wiped out and a
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  Speaker 1: lot of their military might has been destroyed, the reality
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  Speaker 1: is is there are still plenty of missiles, still plenty
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  Speaker 1: of drones. They have small boats, they have mines that
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  Speaker 1: can be laid. Matter of fact, we've got minesweepers going
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  Speaker 1: on right now trying to eliminate the mines that are
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  Speaker 1: out there. The Iranians don't even know how many mines
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  Speaker 1: they have out there, so that they're saying we don't know.
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  Speaker 2: I mean, it's just it's crazy.
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  Speaker 1: So what the President has done is he is blockaded
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  Speaker 1: the blockade. So the straight up her mouse is blockaded
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  Speaker 1: by Iran not letting any oil through.
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  Speaker 2: And what the President has said, tell you what.
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  Speaker 1: We're going to stop any tanker, any ship leaving from
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  Speaker 1: an Iranian port or going to an Iranian port. We
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  Speaker 1: are going to blockade. So it's a double blockade. Wow,
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  Speaker 1: double hit. And what does that mean for us? Well
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  Speaker 1: depends on how long this thing is going to last,
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  Speaker 1: because effectively what's happening is we, the United States, we're
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  Speaker 1: playing chicken with Iran. Now, long term, are we going
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  Speaker 1: to be better off?
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  Speaker 2: Yeah? Probably?
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  Speaker 1: Yeah, the United States could sustain a serious interruption of
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  Speaker 1: the oil coming in. Although, as the President says, we have.
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  Speaker 2: All the oil we need. We don't need.
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  Speaker 1: Oil from the Strait for moves or through the Strait
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  Speaker 1: from the Mid East.
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  Speaker 2: Well, you're right, we don't need it.
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  Speaker 1: But the price, it's a world commodity that we can
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  Speaker 1: have all the oil city and the reserves all we want.
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  Speaker 2: We could be swimming in a sea of oil.
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  Speaker 1: And when the price of oil hits one hundred dollars
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  Speaker 1: a barrel, the price of oil for US is one
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  Speaker 1: hundred dollars a barrel. In other words, we're paying our
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  Speaker 1: own oil producers one hundred dollars a barrel, because that's
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  Speaker 1: the world price of oil. And so the bottom line
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  Speaker 1: is Iran prepared to take on the sanctions and lose
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  Speaker 1: eighty percent of its finances, its ability to earn money
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  Speaker 1: because for them, it's all about oil and they're now
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  Speaker 1: being shut off, but they've had sanctions before. Also, you
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  Speaker 1: have a regime that doesn't care about its people. It's
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  Speaker 1: perfectly willing to let the people starve. I mean, keep
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  Speaker 1: in mind, what do they do with those demonstrators, tens
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  Speaker 1: of thousands. They mowed them down with machine guns. You
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  Speaker 1: think they care.
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  Speaker 2: Nowadays?
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  Speaker 1: U not.
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  Speaker 2: It takes care.
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  Speaker 1: Yes, we are more vulnerable in terms of we have elections.
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  Speaker 1: We have an administration and agencies that actually look at
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  Speaker 1: what the American people want and don't want. The President
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  Speaker 1: is well, he looks at the price of gasoline. Matter
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  Speaker 1: of fact, he now says it may go a little
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  Speaker 1: bit more, it may be a little higher. It's always
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  Speaker 1: a little bit higher, and it may last a little
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  Speaker 1: bit longer and then slipped in there, maybe even past
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  Speaker 1: the midterms. The point is we don't have and this
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  Speaker 1: happens a lot. We don't have the patience, and that
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  Speaker 1: is one of the big philosophies are one of the
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  Speaker 1: big reasons that the rest of the world or other
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  Speaker 1: governments who are dictatorships know that. We don't like American
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  Speaker 1: troops that are at risk.
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  Speaker 2: We don't like.
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  Speaker 1: Our economy at risk. We don't want we are a
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  Speaker 1: consumer nation. The fact that we're going to be paying
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  Speaker 1: a dollar dollar fifty a gallon more for gasoline, which
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  Speaker 1: we are, that really affects us.
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  Speaker 2: I mean, do they carry in Iran? Does a regime
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  Speaker 2: give a damn? Of course not.
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  Speaker 1: And people are starving in Iran. But it doesn't matter.
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  Speaker 1: So we're playing chicken. We are going to be We
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  Speaker 1: are more apt to deal with the sanctions or the
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  Speaker 1: cost of oil and the Iran and the war in Iran.
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  Speaker 1: We're able to deal with it more, but we are
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  Speaker 1: more susceptible as a people to it going south. Wait,
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  Speaker 1: if the president were to put boots on the ground
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  Speaker 1: and American service people were going to die, what do
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  Speaker 1: you think would happen? It would blow up politically. The
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  Speaker 1: American people do not want to hear it. Now the
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  Speaker 1: Iranian people. Does it matter to the regime how many
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  Speaker 1: Iranians die if there is an altercation? Why don't you
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  Speaker 1: ask Kamas and see how much they care Kamas where
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  Speaker 1: it's what close to one hundred thousand people have already
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  Speaker 1: been killed in Gaza because there is a regime also
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  Speaker 1: that doesn't care.
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  Speaker 2: So that's what we're up against.
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  Speaker 1: We are more in a better position to deal with
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  Speaker 1: it financially and economically certainly, and they are in a
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  Speaker 1: position to We don't care how long this thing is
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  Speaker 1: going to last. We're playing a game of chicken with them.
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  Speaker 1: And now does it look like they're coming to the
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  Speaker 1: table again?
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  Speaker 2: Maybe? And there's a whole world.
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  Speaker 1: About that too that I want to share with you,
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  Speaker 1: and I are not going to do that. Maybe I'll
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  Speaker 1: do that a little bit later on, because these talks
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  Speaker 1: that have gone on, frankly on our side are ridiculous,
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  Speaker 1: and I'll explain why. But first I'm going to talk
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  Speaker 1: about our potholes. Now, I really didn't know we had
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  Speaker 1: a pothole problem. Really, Okay, maybe I did, because I've
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  Speaker 1: lost suspension on my car a couple of times, and
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  Speaker 1: I've had my tire blowout and we are known as
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  Speaker 1: the pothole center of I don't know, there's a lot
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  Speaker 1: of potholes. I don't know what other communities have. And
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  Speaker 1: we have a pothole bureau. You call up on the
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  Speaker 1: it's whatever number you call three one one or two
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  Speaker 1: three eight or whatever, and a little answer the phone. I, oh,
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  Speaker 1: pothole bureau, Where would you like your next pothole to be?
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  Speaker 1: And you tell them where you want the pothole. Though
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  Speaker 1: there's a there's a corner over here that doesn't have
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  Speaker 1: a pothole, would you please straighten that one out? We
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  Speaker 1: do not do well in this town at all with
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  Speaker 1: repairing of potholes. Viera Gosa, remember how he got elected.
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  Speaker 1: He was gonna be the pothole king, a million potholes.
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  Speaker 2: He was going to replace well ways, I don't know
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  Speaker 2: if you use ways.
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  Speaker 1: I do, and ways is great because they'll say, you
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  Speaker 1: got a car on the right, still there not? There
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  Speaker 1: cops over here there they're gonna do the pothole report.
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  Speaker 1: So ways will tell you if there is a pothole.
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  Speaker 1: The problem is there is a pothole every five feet
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  Speaker 1: in this town.
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  Speaker 2: And what the hell do you do? It's gonna be constant. Now.
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  Speaker 1: I have a fun pothole story, and that is when
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  Speaker 1: I lived at the Persian Palace, we would have one
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  Speaker 1: street that there was a section where every time it rained,
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  Speaker 1: this massive pothole would open up, and then they would
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  Speaker 1: repair it and just put asphalt on it, as opposed
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  Speaker 1: to tearing up the street and putting in concrete. And
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  Speaker 1: the good news was is the council person of the
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  Speaker 1: district lived up the street from me, and that council
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  Speaker 1: person had to drive up to that street or drive
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  Speaker 1: through that street to get to his house. So guess what,
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  Speaker 1: that pothole was replaced very very quickly.
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  Speaker 2: Now not so much.
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  Speaker 1: So we're theoretically going to be in pretty good shape,
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  Speaker 1: although LA has been pretty slow to repair pavement issues.
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  Speaker 1: Twenty three thousand miles of streets in the city. In
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  Speaker 1: fiscal twenty twenty five, the city repaired three hundred and
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  Speaker 1: ten miles. In twenty fifteen it was eight hundred and
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  Speaker 1: fifty miles, and now it was what It's just, this
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  Speaker 1: is not good stuff for those people. They drive in
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  Speaker 1: the city and potholes are horrific. They are dangerous. They
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  Speaker 1: ruin cars. I mean, as I said, I've had tires
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  Speaker 1: blowout and suspensions had to be redone because of potholes or.
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  Speaker 3: Denting your wheel. It'll you hit it wrong and it
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  Speaker 3: just dents your wheel and you have to replace the
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  Speaker 3: actual rim.
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  Speaker 1: Oh. Yeah, here's the problem is there's never any budget.
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  Speaker 1: No one gets elected on repairing pothole. Maybe I Jerra
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  Speaker 1: Gosa did, but repairing maintaining is not something that politicians
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  Speaker 1: do to get elected, so it's always back burner. And
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  Speaker 1: then maintenance, of course is the easiest thing. That you
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  Speaker 1: can kick the can down the road. You really can't
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  Speaker 1: kick the can very far because they go into do
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  Speaker 1: you kick the can, it goes right into a pothole.
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  Speaker 3: And maybe they'll fill them up. The only thing worse
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  Speaker 3: than potholes in La are the sidewalks.
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  Speaker 2: They're horrible.
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  Speaker 3: Yeah, the way they buckle, it's a tuckle and they're
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  Speaker 3: bright and there it's I don't know what.
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  Speaker 1: Idiot in the city decided that the trees they were
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  Speaker 1: going to plant uh in the sidewalk.
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  Speaker 2: You know they have they have the big holes and where.
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  Speaker 1: It's dirt and the trees come up and they actually
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  Speaker 1: are placed, especially near Lax where the roots of the
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  Speaker 1: trees have buckled the sidewalks where you can't walk them
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  Speaker 1: on on them anymore, and it's like two three feet cracked, uh,
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  Speaker 1: and just it looks like my mountain range that you're
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  Speaker 1: trying to go get over. Very very tough, toughly fit
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  Speaker 1: in a wheelchair, that's for sure. Okay, guys, we're done
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  Speaker 1: with that one. I just want to throw that in there.
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  Speaker 1: Way mowing ways all right. If you're a ways user,
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  Speaker 1: just be prepared.
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  Speaker 2: Oh there's a pothole. Oh you just missed it. No,
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  Speaker 2: you just hit it. Well, here's another one. That's what
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  Speaker 2: you're gonna hear. Now.
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  Speaker 1: You remember when the President established DOGE, right the the
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  Speaker 1: department what does it stand for? The Department of Government Efficiency?
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  Speaker 1: That's there, you go, the Department of Government Efficiency.
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  Speaker 2: I don't even know. It's just DOGE as far as
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  Speaker 2: I'm concerned.
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  Speaker 1: Anyway, it turns out and this is a lawsuit that
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  Speaker 1: has hit, and these depositions are coming out, and you've
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  Speaker 1: got Freedom of Information Act documents that are coming out,
• 11:23
  Speaker 1: and it looks like that members of the DOGE service
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  Speaker 1: spoke regularly to each other over signal which is totally encrypted,
• 11:34
  Speaker 1: and those posts or those communications disappear. So you've got
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  Speaker 1: a bunch of them who members were disposed in January
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  Speaker 1: as part of a lawsuit because of all of the
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  Speaker 1: cuts that were made to all of these social programs
• 11:52
  Speaker 1: and science programs and medical programs and research programs that
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  Speaker 1: DOGE did. Now the uh, the lawsuit is asking for information.
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  Speaker 1: The Trump administration has fought the release of any of
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  Speaker 1: this information, saying, wait a minute, DOZE isn't even a
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  Speaker 1: real governmental entity. So it was run by Elon Musk.
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  Speaker 1: Do you remember when he announced that the Musk was
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  Speaker 1: going to be in charge of DOZE to get the
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  Speaker 1: government running, get rid of abuse, get rid of waste,
• 12:23
  Speaker 1: and also do we forget by the way, it was
• 12:25
  Speaker 1: not just Elon Musk. It was you know, Ramaswammy, Vindalou, Chicken,
• 12:34
  Speaker 1: Tico di have. I'm very bad with Indian names. Okay, yeah,
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  Speaker 1: him too, right, it's it's those names that I'm very
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  Speaker 1: bad at.
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  Speaker 2: Racist. That's not racist, that's just me confusing names. You'll
• 12:50
  Speaker 2: call me a racist? How dare you call me a racist?
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  Speaker 1: Moving on if that's okay in any case, So what
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  Speaker 1: Elon must do is immediately bring in his Silicon Valley
• 13:03
  Speaker 1: buddies and start cutting and cutting and cutting like crazy.
• 13:08
  Speaker 1: And I mean we're talking about National Research Organization's medical
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  Speaker 1: research to the universities, as you know, National Institute of
• 13:18
  Speaker 1: Health the Humanities. I mean across the board, so much
• 13:23
  Speaker 1: was cut and it was all done to avert the
• 13:26
  Speaker 1: waste and abuse and going to make the government so
• 13:29
  Speaker 1: much more efficient. And if you remember, there were hundreds
• 13:33
  Speaker 1: of thousands of governmental employees that either quit, were laid off,
• 13:37
  Speaker 1: or straight out fired that they could be and it
• 13:40
  Speaker 1: was going to save the budget. It was going to
• 13:43
  Speaker 1: help the budget of the United States. Yeah, that worked out,
• 13:46
  Speaker 1: didn't it. So there's a spokesperson, Davis Engle of the
• 13:50
  Speaker 1: White House, when asked from AB asked about what DOGE
• 13:56
  Speaker 1: did and didn't do, and especially the government efforts to
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  Speaker 1: withhold information about DOGE because I guess they want to
• 14:03
  Speaker 1: keep it secret, he said, the government has fully complied
• 14:08
  Speaker 1: with discovery requests.
• 14:10
  Speaker 2: Okay, if that's the case.
• 14:12
  Speaker 1: Then why would the government appeal a lower court decision
• 14:17
  Speaker 1: saying you've got to release that information and the Trump
• 14:21
  Speaker 1: administration is appealing it but at the same time fully
• 14:26
  Speaker 1: complying with it. I mean, keep that in mind. And
• 14:31
  Speaker 1: here was the quote beyond the fully complied with the
• 14:36
  Speaker 1: discovery request quote, And this is came out of the
• 14:40
  Speaker 1: White House, of course it did. And by the way,
• 14:42
  Speaker 1: I'm just not accusing just the White House of doing
• 14:44
  Speaker 1: stuff like this a political speak and pablom. But here
• 14:48
  Speaker 1: is the pablum. President Trump was given a clear mandate
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  Speaker 1: to eliminate waste, fraud, and abuse from the federal government.
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  Speaker 1: In just a year, he has made significant progress in
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  Speaker 1: making the fe federal government more efficient to better serve
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  Speaker 1: the American people.
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  Speaker 2: Okay, I don't think I'm particularly better served.
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  Speaker 1: But again, but I don't work for the National Institute
• 15:13
  Speaker 1: of Health either, and I'm not part of a research team,
• 15:16
  Speaker 1: and I'm not part of cancer research, and I'm not
• 15:18
  Speaker 1: part of the various other programs you got. No, You've
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  Speaker 1: got the people who study the climate that's all been
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  Speaker 1: completely cut.
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  Speaker 2: I mean the various departments. I think the Weather Service
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  Speaker 2: was cut eighty percent. I mean that's you know, that's
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  Speaker 2: the problem.
• 15:38
  Speaker 1: Now we know Doze was a complete croc but you know,
• 15:42
  Speaker 1: throwing Elon Musk as head of a quasi department, what
• 15:47
  Speaker 1: do you think is going to happen? You got crazy people,
• 15:52
  Speaker 1: I mean Robert Kennedy. I mean, you look at these people.
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  Speaker 1: And then, as I said earlier, what I do want
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  Speaker 1: to talk about is, you know what I'll mention the
• 16:02
  Speaker 1: Pablo Escobar, the cocaine hippos. But that'll be a quick
• 16:07
  Speaker 1: one because then I want to talk about why the
• 16:10
  Speaker 1: talks fell apart in Iran story that we've been following
• 16:15
  Speaker 1: kind of fun, and that is, well, if you're not
• 16:17
  Speaker 1: if you're a hippo living in Colombia, it's not so
• 16:20
  Speaker 1: much fun because you're gonna die. But there are over
• 16:25
  Speaker 1: one hundred, maybe one hundred and seventy hippos that are
• 16:28
  Speaker 1: running around Colombia. And it was a Pablo Escobar that
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  Speaker 1: brought them in in the nineteen eighties because he was
• 16:36
  Speaker 1: one of the wealthiest men in the world and he
• 16:38
  Speaker 1: showed it. And he had this huge farm and a zoo,
• 16:43
  Speaker 1: matter of fact, the largest privately owned zoo in the world.
• 16:46
  Speaker 1: And he had hippos and giraffes and lions and tigers
• 16:49
  Speaker 1: and bears and.
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  Speaker 2: I'm just completely nuts. And this is the middle of Columbia.
• 16:55
  Speaker 1: Okay, there aren't too many giraffes that live in Colombia
• 16:59
  Speaker 1: or hippos. So he brought them all in and then
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  Speaker 1: of course he has killed and so they got out
• 17:05
  Speaker 1: and now they're roaming around. The hippos are roaming around
• 17:08
  Speaker 1: and they're destroying uh the uh, the environment.
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  Speaker 2: First of all, they eat a lot.
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  Speaker 1: Second of all, they crap a lot near the rivers,
• 17:18
  Speaker 1: and it's not good unless unless you like, you know,
• 17:23
  Speaker 1: hippo crap infested waters.
• 17:25
  Speaker 2: That very few people do that. I don't.
• 17:28
  Speaker 1: I've never seen anybody order that one at a restaurant.
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  Speaker 1: And so what they're doing is the government has to
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  Speaker 1: call them. They have to kill them. They're still going
• 17:35
  Speaker 1: to be there, but they have to kill a bunch
• 17:37
  Speaker 1: of them. So they are going out and they're looking
• 17:42
  Speaker 1: for hippo killers. Mark's been Yeah, I gotta tell you,
• 17:48
  Speaker 1: they can make a lot of money with hunters who
• 17:52
  Speaker 1: would pay big money to kill a hippo. They tried
• 17:56
  Speaker 1: to spay the hippo, you know, fix the hippos. They
• 18:00
  Speaker 1: went to the local vet and that didn't work out.
• 18:04
  Speaker 1: It's very difficult to sterilize a hippo. They're big and
• 18:09
  Speaker 1: they're just not very cooperative. And they were going to
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  Speaker 1: move them to other zoos all over the world, and
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  Speaker 1: which was fine, the zoos would take them. They go,
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  Speaker 1: we're not you bring them to us. We're not going
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  Speaker 1: to go out there and get them, which got way
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  Speaker 1: too expensive. Okay, So much for that. Now, I want
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  Speaker 1: to point out something that I picked up. I was
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  Speaker 1: reading an analysis of the negotiations with Jared Kushner and
• 18:33
  Speaker 1: Steve Woodkoff and JD. Vance in Pakistan with the Iranians
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  Speaker 1: and how it fell apart, and I.
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  Speaker 2: This is it's almost a value judgment. But when the
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  Speaker 2: Barack Obama.
• 18:49
  Speaker 1: Deal with the deal with Iran was cut under Barack
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  Speaker 1: Obama that the President pulled us out of, and whether
• 18:56
  Speaker 1: or not you agree with that, that's not the point
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  Speaker 1: of this story. It took over a year and the
• 19:01
  Speaker 1: agreement was over one hundred and eighty seven pages. When
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  Speaker 1: talking about removing, for example, of the enrichment program of uranium,
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  Speaker 1: which they did. They brought in technocrats and experts, and
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  Speaker 1: it is insanely complicated stuff. And the Iranians bring to
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  Speaker 1: the table those experts that negotiated the first time around, Scientists,
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  Speaker 1: people who have expertise in nuclear energy, I mean, just
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  Speaker 1: really complicated stuff. And so who do we have over
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  Speaker 1: We have Jared Kushner, we have Steve Witcoffin, we have JD.
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  Speaker 2: Vance. And it gets really simplistic.
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  Speaker 1: And I when you look at the credentials visa vis
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  Speaker 1: this kind of negotiation.
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  Speaker 2: What do we have. We've got a Vice President JD.
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  Speaker 1: Vans, who represents the United States legitimately, so who has
• 19:58
  Speaker 1: zero experience in any of this. Jared Kushner, who is
• 20:04
  Speaker 1: the son in law of the President, who has been
• 20:06
  Speaker 1: tasked with in many cases negotiating deals, mainly financial deals.
• 20:12
  Speaker 1: I might add, although he's given credit for negotiating a
• 20:16
  Speaker 1: piece with some of the Arab countries in Israel.
• 20:20
  Speaker 2: But they were going to be ready to go anyway.
• 20:23
  Speaker 2: What a lot of people don't.
• 20:24
  Speaker 1: Realize is that Israel is more of an ally to
• 20:28
  Speaker 1: most of in the Mideast than ever Iran would be.
• 20:31
  Speaker 1: Iran is a threat, Israel is not a threat, and
• 20:35
  Speaker 1: so they actually rely on each other. Intelligence is actually shared,
• 20:39
  Speaker 1: so they were ready to go anyway. But back we
• 20:42
  Speaker 1: go to the negotiation. So you have Whitkoff, who is
• 20:45
  Speaker 1: a financial guy of Jared Kushner, who is his credentials
• 20:49
  Speaker 1: are because he's worried to the president's daughter. And those
• 20:54
  Speaker 1: are the three that are going to negotiate or want
• 20:57
  Speaker 1: to negotiate a deal just.
• 20:58
  Speaker 2: On the technical side.
• 21:02
  Speaker 1: And then you have whenever you have deals like this
• 21:05
  Speaker 1: across the board man you bring a lot of you
• 21:09
  Speaker 1: should bring a lot of expertise to the table, and
• 21:11
  Speaker 1: we just didn't do it. We just didn't do it.
• 21:14
  Speaker 1: But then again, look at who our cabinet members are.
• 21:18
  Speaker 1: You have Christy Naum no experience whatsoever. Zero and Robert Kennedy, Boy,
• 21:24
  Speaker 1: there's the experience for you. I mean it's I mean,
• 21:30
  Speaker 1: what do you do with that? So is there going
• 21:34
  Speaker 1: to be a deal cut? I'll tell you if there
• 21:36
  Speaker 1: is a deal cut and we don't bring professionals to
• 21:40
  Speaker 1: the table. They're bringing professionals. They understand what negotiations are. Now,
• 21:45
  Speaker 1: whether you agree with them or not, that's a political issue.
• 21:50
  Speaker 2: But just the very technical, highly.
• 21:59
  Speaker 1: Compliment aspects of any kind of a deal like this
• 22:03
  Speaker 1: is we're just being simplistic about it.
• 22:05
  Speaker 2: Just you know, Okay, you over there, you go cut
• 22:08
  Speaker 2: a deal.
• 22:09
  Speaker 1: JD. Van So and then you come out and go, hey,
• 22:11
  Speaker 1: they're not willing to talk. Now we're done. We'll see
• 22:15
  Speaker 1: and are they willing to talk?
• 22:16
  Speaker 2: I have no idea. He may be dead right by
• 22:18
  Speaker 2: the way that.
• 22:21
  Speaker 1: Iran is just jerking our chain and just keeps on
• 22:24
  Speaker 1: delaying because they're experts at that. So we'll see what
• 22:28
  Speaker 1: happens over the next little while. Are are they going
• 22:32
  Speaker 1: back to talk? I think they are. I think they're
• 22:35
  Speaker 1: gonna come back and talk. We'll be back at Wich
• 22:37
  Speaker 1: tomorrow coming up. We'll do that in a moment. KFI
• 22:40
  Speaker 1: am sixty.
• 22:42
  Speaker 2: You've been listening to The Bill Handle Show.
• 22:44
  Speaker 1: Catch my Show Monday through Friday, six am to nine am,
• 22:48
  Speaker 1: and anytime on demand on the iHeartRadio app.