Latest / Prestons Super Show / Super News #37-Iran & Israel Ceasefire-10 Provisions Stripped from Big Beautiful Bill-SCOTUS Rules Mass Deportations May Continue-UAP Sighting-Sports Talk

Transcript

Super News #37-Iran & Israel Ceasefire-10 Provisions Stripped from Big Beautiful Bill-SCOTUS Rules Mass Deportations May Continue-UAP Sighting-Sports Talk · Prestons Super Show

• 0:21
  Ladies and gentlemen, ladies and gentlemen, welcome to President
• 0:27
  Super Show. Quick financial disclaimer for
• 0:31
  you, I am not a licensed financial advisor.
• 0:34
  Please consult with a licensed financial advisor before taking
• 0:40
  any risks in the stock market or making any large purchases.
• 0:47
  Everything talked about and discussed on this program and on
• 0:52
  myodman.com are for entertainment purposes only.
• 0:58
  Let's take a look at the markets.
• 1:00
  Great Monday session. Everything was up at the end of
• 1:04
  the day that mattered. We had the Dow Jones up, NASDAQ
• 1:10
  up, and the S&P 500 also up. It's a big day for the stock
• 1:16
  market, and it was all fueled by the de escalation between Israel
• 1:22
  and Iran. We know that the Bannon crew and
• 1:27
  a lot of other crews in the media wanted to take the credit
• 1:31
  for making peace with Iran. But President Trump had other
• 1:36
  plans. And to God goes the glory.
• 1:41
  It would be President Trump that would broker the ceasefire
• 1:45
  between Israel and Iran. Now we do need Iran to uphold
• 1:51
  their obligations and commitments.
• 1:54
  They must stop the bombing and endless threats and give up
• 1:59
  their hopes of nuclear enrichment and having a nuclear
• 2:04
  weapon. And there is a report now that
• 2:07
  the Ayatollah of Iran may flee the country.
• 2:11
  So we shall wait and see. But let's take a look at that
• 2:16
  big, beautiful Stock Exchange. Great day for the markets.
• 2:21
  And the Russell was up one point.
• 2:26
  That's at $2132.68. The S&P 500 is up about a point.
• 2:35
  That was at 6000, $25.17. So overall you could tell the
• 2:43
  trend. The good times kept rolling
• 2:47
  along the New York Stock Exchange as the NASDAQ was up
• 2:51
  about a point. It finished at $19,630.97.
• 2:59
  Then our good friend the Russell averaged about a point here and
• 3:05
  finished at $2132.68, little over one point for the Russell
• 3:11
  today. The VIX was down almost 4%.
• 3:14
  That was great. I finished at $19.83.
• 3:19
  The futures are up. That's a good sticking point
• 3:23
  right here because you got to spot the bears.
• 3:27
  A little something as the ceasefire has to be finalized
• 3:33
  and Iran has to stop making idoless threats and bombing.
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  They have to quit. They have to give up their hopes
• 3:42
  here of ever having a nuclear warhead.
• 3:46
  The only two sectors in the market that we're down today
• 3:50
  were energy and healthcare. Healthcare makes a lot of sense
• 3:55
  because we know the big beautiful bill is being unpacked
• 3:59
  in the Senate and I have more news to come about that later in
• 4:03
  the show. But As for the stock market and
• 4:08
  how it finished on Monday's trading session, it really was
• 4:12
  positive overall. Everything was taken in the
• 4:16
  right direction and then the barrel of crude oil began to
• 4:21
  tick down and finished at $66.60.
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  So we shall see if that has any bearing any effect on the market
• 4:34
  come open. But we know that gold finished
• 4:39
  at $3366.90 on the day. It was down $28.10 after peaking
• 4:51
  around lunchtime. Silver finished down just a few
• 4:58
  pennies on the dollar. So overall, a very good day for
• 5:03
  precious metals because it did not take a beating during this
• 5:08
  time. Copper was up slightly, That's
• 5:11
  at almost $5. Natural gas sitting at about
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  $3.65 roughly. Brent crude, that's at $69.63,
• 5:29
  that was also down today, $1.85 on the market, it's almost 3%.
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  It was down. And I believe that seeing the
• 5:39
  price of crude oil and the price of the Brent crude go down was a
• 5:43
  direct correlation with the ceasefire that President Trump
• 5:47
  orchestrated, as well as authorizing the United States to
• 5:54
  tap into our reserves. And I don't think it was a big
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  deal to do that in this type of political climate, especially in
• 6:06
  the world where we have enemies of our allies feeling like the
• 6:13
  walls are closing in. But that's a direct relation of
• 6:18
  them not trying for peace, not wanting to make peace.
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  And it really takes President Trump and America to lead the
• 6:29
  diplomatic charge for the fresh session of cryptocurrency that's
• 6:37
  taking place right now with this podcast is being recorded.
• 6:44
  Bitcoin, XRP, Etherium, BMB and Solana are holding, so that's
• 6:55
  good to see. I will come back to those
• 6:59
  cryptocurrency prices towards the end of the show, but I would
• 7:04
  like to focus on the big beautiful bill that's being
• 7:08
  looked over by the Senate parliamentarian.
• 7:13
  Now the parliamentarian is there to basically decipher through
• 7:18
  the bill, which pieces of this legislation will require more
• 7:25
  than a 51 vote majority in this reconciliation package.
• 7:32
  We want it to be at a 51 vote majority.
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  That's a slam dunk in the Senate.
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  So here are the provisions which violate that bird rule and would
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  require a 60 vote majority which would be impossible for this
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  Senate on this bill. Now what can happen is they can
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  let go of these provisions without a problem.
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  One of these provisions which must be tossed aside is the
• 8:06
  change to Federal Employees Retirement System contributions.
• 8:12
  Parliamentarian Elizabeth Mcdonaghue ruled against the
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  language in the Big Beautiful bill that would have increased
• 8:28
  federal employees retirement systems contribution rates for
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  new civil servants who refused to become at will employees,
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  meaning they could be fired at any time.
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  So employees who would refuse to do that would have their
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  contribution rates for their retirement pension increased.
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  That violates the bird rule must be tossed out.
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  The second provision that must be tossed out, the state
• 9:00
  authorization to conduct border security and immigration
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  enforcement. The original Mega bill gave
• 9:11
  states the authority to conduct border security and immigration
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  enforcement, which is a responsibility that has
• 9:19
  traditionally fallen on the federal government.
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  McDonough Hue rejected the language and said it violated
• 9:27
  the bird rule. So border security and
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  immigration enforcement are truly the responsibility of the
• 9:35
  federal government. Now the third provision that
• 9:41
  must be tossed aside. This was a measure to limit
• 9:45
  court contempt powers, which they did.
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  Toss this aside and it would have curtailed the power of
• 9:55
  federal district courts to issue preliminary injunctions and
• 10:00
  temporary restraining orders. However, it's been tossed aside
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  by the parliamentarian Mcdonaghue.
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  Now Mcdonaghue says for the 4th provision that must be tossed
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  aside, saying you cannot limit illegals from participating in
• 10:25
  the Supplemental Nutrition Assistance Program.
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  This also was double edged as the provision was going to
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  require states to pay 5 to 15% on a sliding scale depending on
• 10:44
  their error rate, but nearly every state has had snap error
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  rates of 6% or higher. You can see it's a flawed
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  system, so this must be thrown aside.
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  Now we could look at the 5th provision that must be tossed
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  aside and suspended. The extending of the suspension
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  of Permanent Price Support Authority, which was originally
• 11:15
  tied to the Farm Bill but must be tossed aside.
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  This would be in the realm of the normal Farm bill, but it
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  needs 60 votes, which will not happen with this big beautiful
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  bill. We are looking for just 51
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  Senate votes, so the next provision that must be tossed
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  aside, and maybe this one is a good one after all.
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  The six provision that must be suspended is the funding cap on
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  the Consumer Financial Protection Bureau.
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  So I think that would be in the realm of we don't want a bloated
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  government, but we also want consumer protection.
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  And I think that has to have a happy medium somewhere.
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  So maybe the parliamentarian could suggest something.
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  Then the 7th provision that must be tossed aside is forcing the
• 12:22
  United States Postal Service to sell their electric vehicles,
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  which I thought was a great idea.
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  So a little bit sad about that one.
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  And then we have Macdonahue say repealing the EPA rule limiting
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  air pollution emitted by passenger vehicles will not fly
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  without 60 votes. So that must be tossed.
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  Again, we only are looking for 51 votes, simple majority here,
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  2nd to last, allowing project developers to bypass judicial
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  environmental reviews. And this is something House
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  Republicans really wanted. Senate Republicans didn't fight
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  for much. So that must be tossed aside.
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  And then the final provision that must be tossed aside
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  because it would need 60 votes in the Senate to pass is
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  altering the REINS Act. And it would have increased
• 13:28
  congressional power over big regulations.
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  So in the long run, it's probably a good thing that's not
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  added into the bill. I'm really not against most of
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  these provisions besides maybe one or two, especially the
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  provision limiting the court's powers.
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  I would have liked to see that pass.
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  However, it is fine with me to see 10 provisions in this big
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  beautiful bill be tossed aside. And I believe the meaningful
• 14:08
  portions of this bill, the no tax on tips, the no tax on
• 14:12
  overtime, and no tax on Social Security will be long lasting,
• 14:18
  as well as the Trump tax cuts being made permanent.
• 14:23
  So this is still a big beautiful bill and a big win for President
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  Trump once it gets to his desk, which I believe it will.
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  As the Senate Majority Leader John Thune has expressed, they
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  will be in session until this bill passes.
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  That means passed the July 4th, the deadline if it is not ready
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  to go. But we know the first portion of
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  the mega bill will be voted on this Thursday.
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  So buckle your seatbelts folks. Get your popcorn ready and your
• 15:03
  favorite soft drink. Sticking with the House because
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  they were moving fairly quickly today, the House of
• 15:12
  Representatives moved to ban WhatsApp on all government
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  issued devices. The Chief Administrative Officer
• 15:24
  of the House of Representatives issued an order prohibiting
• 15:31
  representatives and staff members from using WhatsApp on
• 15:36
  government issued devices. This includes smartphones along
• 15:42
  with laptop and desktop computers.
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  Further, any individuals with WhatsApp already installed on a
• 15:50
  device must delete it. Using web-based versions of the
• 15:54
  app is also prohibited. That came from bgr.com, written
• 16:01
  by Yoni Heisler, but you can see the trend here.
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  The House of Representatives is focused on security.
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  And I thank thehill.com for the article about the provisions on
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  the Senate bill that need to be removed.
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  And we could take a look now at something very important, a bill
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  today passed on the House that was sponsored by Tim Burchett,
• 16:32
  the representative out of Tennessee.
• 16:35
  And this bill defunds the Taliban.
• 16:40
  You may say, well, how does that work?
• 16:44
  So let me break it down for you. The bill HR 260 No Tax Dollars
• 16:54
  for Terrorist Act pass the House of Representatives on Monday
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  afternoon, and this bill improves on the House Resolution
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  6586 and forces the State Department to develop and
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  implement a policy to oppose any foreign aid from going to the
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  Taliban. Secondly, require a report on
• 17:26
  any cash assistance programs in Afghanistan and how the US keeps
• 17:31
  the Taliban from accessing that. Finally, require a report on the
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  Afghan fund in the Afghanistan Central Bank, which many of you
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  may not know even exist. Thank you, Representative Tim
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  Burchett on a Tennessee second district.
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  He's a smart congressman and anytime they press him, he has
• 17:59
  the answers. So I appreciate him for staying
• 18:02
  sharp, unlike Representative Thomas Massie, who continues to
• 18:11
  go against President Trump when President Trump is the reason
• 18:14
  Thomas Massie has his seat in Congress.
• 18:19
  And now President Trump has had enough, seen enough, and has
• 18:23
  created a super PAC so that people can fund Thomas Massie's
• 18:29
  opponent to replace him, A Republican, mind you.
• 18:35
  And you also have reports about Lisa Murkowski thinking she will
• 18:40
  flip independent among the likes of Angus King and Bernie Sanders
• 18:46
  in the Senate. And if she does, that's fine.
• 18:51
  But one thing we do know is that would just prove what we've all
• 18:55
  been thinking, that she's been caucusing with the Democrat
• 19:00
  Party. And she is no fan of mega and no
• 19:04
  fan of President Trump, which is very sad because I love our dear
• 19:09
  president and I root for President Trump's success every
• 19:13
  single day. The Supreme Court of the United
• 19:17
  States has given President Trump a monumental win.
• 19:23
  A six to three ruling from the highest court in the land allows
• 19:28
  the Trump administration to proceed with mass deportations
• 19:33
  on a short term notice basis. So I will break this story down
• 19:39
  for you. You can read this on my own
• 19:41
  man.com. I will link it in the podcast
• 19:44
  description as well. President Trump received a
• 19:49
  monumental win at the Supreme Court of the United States of
• 19:53
  America on Monday. The conservative majority ruled
• 19:58
  6 to 3 to permit the deportation of undocumented illegal aliens
• 20:05
  to any country who will accept them.
• 20:08
  This ruling. Removes the need for notifying
• 20:12
  these illegal aliens. They are being detained and
• 20:15
  aborted with the court's ruling reaching unanimous consent.
• 20:20
  This binds the legal precedent as the law of the land.
• 20:25
  Federal district courts may not interfere with customs and law
• 20:31
  enforcement efforts to remove the undocumented under the law
• 20:35
  from here on out. You can read more of these
• 20:39
  stories at my on man.com. I write very detailed and
• 20:44
  precise articles. I provide updates to those when
• 20:48
  that information becomes readily available or I just write new
• 20:52
  pieces. I also like to come on the
• 20:54
  podcast and give a great show because I know people can come
• 20:58
  back and replay it over and over.
• 21:01
  With over 300 episodes of Preston's Super Show, believe
• 21:05
  me, I know what I am doing. This is the 37th installment of
• 21:11
  the Super News. The historic golden age.
• 21:16
  We are right in the midst of Texas Governor Abbott vetoes the
• 21:23
  PHC band. Now I'm going to give you some
• 21:27
  insights about this again. This article you can read over
• 21:31
  on mildman.com, MYODD, man.com, My oddman.com So in Texas, the
• 21:43
  state legislature, all Republicans besides three,
• 21:49
  wanted this to pass. The Texas Governor Abbott vetoed
• 21:54
  Senate Bill 3, which would have banned recreational cannabis
• 21:59
  from ever happening in the state.
• 22:02
  This bill would have crushed city policies which have kept
• 22:06
  people out of jail for possessing less than 4 ounces in
• 22:10
  Austin, with similar ordinances in Dallas, Houston, San Antonio,
• 22:16
  and for residents of Travis County.
• 22:19
  Moreover, it would have crushed the CBD market across Texas,
• 22:25
  which was spawned from the 2018 Farm Bill signed by President
• 22:31
  Trump. Governor Abbott is consistent
• 22:36
  with his messaging and has listened to the residents of
• 22:40
  Texas by passing House Bill 46, dramatically expanding medicinal
• 22:50
  cannabis access across the state.
• 22:55
  The battle for recreational cannabis and further regulations
• 22:59
  on THC will rage on inside the Texas State Legislature, where
• 23:07
  Governor Abbott did call into a special session again.
• 23:13
  You can read more fantastic and phenomenal articles like this on
• 23:18
  myodman.com. A powerful growing resource in
• 23:23
  the paid newsletter is available.
• 23:26
  It is up five leading stories heading into this week, and all
• 23:32
  throughout the week I will be updating this newsletter,
• 23:36
  packing it full of bonus deals and updates to those leading
• 23:42
  stories as they become readily available.
• 23:47
  I make sure those stories are verified before I put them out,
• 23:52
  but you're going to see some very cool things like the market
• 23:55
  tracker I have in there where I'm following up on the closing
• 23:58
  every day of the market session on the New York Stock Exchange,
• 24:03
  as well as sports updates on free agency and upcoming events
• 24:09
  that are going on in the sports universe.
• 24:13
  The last blockbuster piece of news I have for you today comes
• 24:18
  from zerohedge.com. In their military section, the
• 24:23
  US military revealed a video with evidence of an encounter
• 24:28
  with a disc shaped UAP and you could see that WG NS reported
• 24:35
  some type of space capsule that's landed in a neighborhood
• 24:41
  after the recent storms last week, Tyler Durden says in Zero
• 24:48
  Hedge. Remember when the US government
• 24:52
  essentially admitted to the existence of aliens and almost
• 24:56
  no one noticed? Launched in 2023, congressional
• 25:01
  hearings on government encounters with potential
• 25:04
  otherworldly phenomena brought a series of witness testimonies
• 25:09
  into public focus that confirmed longtime conspiracy theories
• 25:14
  that humans are not alone in the universe.
• 25:18
  Intel and military officials presented information underoath
• 25:24
  that the government had indeed encountered what they call Uaps
• 25:30
  or UFOs and others claimed that non human biological entities
• 25:38
  had been discovered along with recovered aircraft.
• 25:47
  You could read the full article, I will link it.
• 25:52
  Folks, this is huge. This is a blockbuster
• 25:58
  announcement. Not only is there some
• 26:03
  extraterrestrial force out there, but we have confirmation
• 26:08
  of it now. So we must band together,
• 26:12
  continue to research and discover new information and to
• 26:18
  understand each other a little bit better so we can band
• 26:22
  together if we are invaded by extraterrestrial forces, which
• 26:28
  hopefully never happens. And I am confident in our
• 26:31
  government's ability to protect us.
• 26:34
  I have a sports update for us. Notre Dame lands a commitment
• 26:39
  from the Titan, Preston Friesel. Hey Preston, you just got
• 26:44
  announced on Preston Super Show Notre Dame.
• 26:49
  Good job. Preston's a great name.
• 26:53
  They're adding to their outstanding 2026 recruiting
• 26:58
  class by landing a commitment from Toledo, OH.
• 27:01
  Central Catholic, 6 foot four, 215 pounder pass catcher chose
• 27:09
  the Fighting Irish over Miami, FL.
• 27:13
  It's pretty crazy, ain't it? The Fighting Illini are also
• 27:18
  having a great recruiting class and the report is out of the sun
• 27:23
  Times that there's good vibes, positive vibes in the many camps
• 27:28
  and the training camps for the Fighting Illini.
• 27:31
  So that's good to hear. Big NBA update The Boston
• 27:35
  Celtics are trading Drew Holiday to the Portland Trail Blazers
• 27:41
  for Anthony Simmons and some draft picks.
• 27:45
  This is a huge move because the Portland Trail Blazers need to
• 27:51
  begin to rebuild. I have an AEW update.
• 27:56
  AEW All in Texas takes place on Saturday, July 12th from Globe
• 28:03
  Life Field in Arlington, TX and in an interview with Dave
• 28:08
  Seltzer, it was announced by nodq.com that Athena versus
• 28:15
  Thunder Rosa is possible at AW All in Texas.
• 28:21
  I will have the WWE Raw recap for you on tomorrow's podcast.
• 28:27
  I'm going to leave you with the headlines and take one last look
• 28:31
  at the markets before open. Everybody is hopeful for defense
• 28:35
  stocks as the Iran Israel war cools off and the ceasefire goes
• 28:41
  into effect. The last blast that Iran shot
• 28:46
  off 5 people. But the ceasefire has been
• 28:50
  officially agreed to and Canada has signed a defense pact with
• 28:57
  the European Union. Reported by Politico just a
• 29:01
  little bit ago. There you go.
• 29:05
  Senator Bill Cassidy says delay the panel meeting with RFK
• 29:11
  Junior. And the final update on the big
• 29:15
  beautiful bill I have for you is the Senate GOP to offer a
• 29:19
  $40,000 salt cap with lower income threshold.
• 29:23
  But I believe that will be half that, $10,000.
• 29:28
  Hopefully the heat don't pass as soon as it will be over 100°
• 29:34
  today with the humidity across much of the Midwest and East
• 29:38
  Coast. But Kankakee County did get
• 29:42
  their second call. Verse Ladies and gentlemen, just
• 29:46
  like the hands of time. I'm turning it over to you.
• 29:52
  Good night and God bless Psalm 37 four KJV Delight thyself also
• 29:57
  in the Lord and he will give thee the desires of thine heart.
• 30:01
  And before I ship off for the night, the S&P, Dow Jones,
• 30:07
  NASDAQ and Russell 2000 futures are all pointing up, along with
• 30:13
  Bitcoin and Ethereum. Thank you for listening.