Episode Transcript
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Speaker 1 (00:09):
All right, everyone, all right, is ring that ring that
dang bell right there, man, Okay, there you go, four
o'clock Market's Clothes Bronn Wall Wall.
Speaker 2 (00:16):
Street in New York City to We're open for business.
Check this out.
Speaker 1 (00:23):
We made this graphic for you a couple of minutes ago,
and the market obviously has changed a little bit in
the last few minutes. This role that the graphic that
you Mad Dog and Ben put together. This is phenomenal
because I woke up this morning and that top row there.
So this morning the market opened this morning, Goal was
down three dollars ounce. Oil was ripping higher, three dollars
a barrel higher. Because everyone's worried about what was going
on in the Middle East. Bitcoin was getting slammed. Overnight.
(00:46):
Bitcoin got down to ninety seven thousand and change. It
was down four thousand dollars per bitcoin. Dow Jones was
down two hundred points, and NASDAK was down one hundred
and fifty points.
Speaker 2 (00:56):
That was this morning. Somewhere around two o'clock.
Speaker 1 (00:59):
Today, one o'clock, two o'clock today, everything flipped. And I'm
not making this stuff up, folks. Gold about half an
hour ago was up and now it's up even more
ten dollars an ounce. Oil down five dollars and fifty cents.
Speaker 2 (01:13):
So look at that.
Speaker 1 (01:13):
It went from up three dollars a barrel because people
were worried about the Middleast. We're worried by I Ran.
They produced a lot of oil. Is Russia going to
get involved? Or Russia produces a lot of oil. The
people were I was on chats this morning. People were
talking one hundred and fifty dollars a barrel oil. It
was up to seventy and change dollars a barrow, now
sixty six.
Speaker 3 (01:32):
Dollars, down five dollars a barrel.
Speaker 2 (01:34):
Down five dollars a barrel.
Speaker 1 (01:36):
No one saw this, had people call me, oh, we're
gonna pay eight dollars for gas now. The fear mongering
on the left was insane. They were going absolutely crazy.
Give me the other graphic again. We're still on the
other graphic. And then look at the look at the
change in direction of the stock markets. It was down
two hundred two hundred this morning. The Dow jones up
three hundreds, almost four hundred points. Now as we speak,
(01:57):
the Dow is up three hundred and seventy five. So
went from down two hundred to up three hundred points
in a matter of a couple hours. NASDAK was down
one hundred and fifty points up close to one hundred
and eighty.
Speaker 2 (02:08):
Three points right now.
Speaker 1 (02:08):
So every mark, everything that people were expecting early in
the morning flipped and it went from very very serious
concern about the future of our markets and our equities
and our economy to a lot of confidence, folks, because
everything you see there Gold up is good, Oiled down
is good, Bitcoin up is good, Dow Jones up is good,
Nasac cup is good. Things got better on Wall Street.
Speaker 2 (02:31):
All right, folks.
Speaker 1 (02:32):
Our first guest is the director of the Center for
American Security at America First Policy Institute, known affectionately as AFPI.
Speaker 2 (02:39):
Doctor Jacob Olador Jake.
Speaker 1 (02:41):
Really good to have you, my friend, So can you
just bring us up to speed on the latest we
just heard. I believe ten rockets left Iran into cut
our military base, the US military base a Cutter, and
also one into Iraq. I've also heard, and this is
very very relevant, that we were giving advanced notice that
these rock we're going to be fired. And for me,
(03:02):
correct me if I'm wrong, that would be the Iranian
saying we need to save face here a little bit
without starting World War three by going too far. What
are your thoughts of this latest striking and where we
go from here.
Speaker 4 (03:13):
Yeah, I think you hit the nail on the head.
It's great to be with you, Eric, That's exactly what
it is. I've been saying over the last few days
that Iran needs some kind of response to save face.
They don't have many options. There's another important data point
that I noticed over the weekend that Iran has pulled
back some of its commanders out of Iraq, some of
its militia commanders.
Speaker 3 (03:32):
So it's you know, that's important.
Speaker 4 (03:34):
And this is consistent, by the way, with what Iran
did after we took out Solimani back in twenty twenty.
They needed some kind of a response, and so they
fired those missiles out to an empty part of our
base out in Iraq. And so we can anticipate more
of this. Iran would be wise not to escalate into
any major strike, probably some cyber attacks as well, but
(03:58):
I think anything above that threshold will be a direct
attack on the United States and would be met with
a swift and decisive response by this pressent.
Speaker 1 (04:07):
So I'd like to note also that your former Middle
East advisor to the Department of Defense. And the reason
why that's very relevant is over the weekend we saw Pete.
I'm sorry, Secretary Hegseth. Sorry, here's a colleague of mind.
Secretary Hegseth say that we quote obliterated the Iranian's ability
to develop nuclear weapon. Therefore, the question remains, should Israel
(04:27):
continue to bomb Iran? Because Israel is saying they're going
to continue, and they have in fact continued bombing Iran.
So if we've obliterated the threat, should they continue?
Speaker 3 (04:37):
Well it's a.
Speaker 4 (04:37):
Great question, actually, and so much of this actually goes
back to how much we actually know about Iran. You know,
they've for many years been lying, been deceiving the international community.
And Israel of course is discovering new sites, new aspects
of its nuclear program. It is the deepest it's been
ever in Iranian territory. So I think a lot of
(04:58):
this is learning as we're going along about what exactly
Ron has been up to all this time, how it's
pivoting currently. So this is a very fast moving target.
Speaker 2 (05:07):
Well, let me frame the question the other way.
Speaker 1 (05:10):
Should should the Israelis cease at our requests? Since we
quote unquote obliterated the threat.
Speaker 3 (05:17):
No, I think hardly.
Speaker 4 (05:18):
Well, first of all, look this is Israel has never,
in its history and in its doctrines asked anybody to
fight it's worse for it. And Nitagna has been clear
that he does not have a time frame on when
the objective is met. But this is consistent with Israel's
military operation, it's fight for its survival of the last
two years we have the President has been consistent and
(05:38):
his team throughout that Iron cannot obtain a nuclear weapon.
We have entered into that amid Israel's military efforts that
it alone is doing.
Speaker 2 (05:48):
So.
Speaker 4 (05:48):
I think Israel is entitled to obviously act in self defense.
As we've said, our objective here has only been taking
out these sites and as the President has said, continuing
to insist that are on come to the negotiating table
and completely stop its nuclear program diplomatically. But if it
becomes obstinate, refuses to do that through military options, of course,
(06:12):
as the President has said, more will be forthcoming.
Speaker 1 (06:15):
Well, okay, yes, and he has and there is some
sort of disconnect, let's call it that. And again I
think it was a surgical strike. It apparently it accomplished
everything they were looking for. But here's the question. Since
the strike, we've had both sides. We heard Hegseth and
Vice President Vance say that this isn't is not about
(06:35):
regime change, and then President Trump kind of insinuated potentially
regime change if they don't come to the bargaining table.
What's your read on what's going on inside the Department
Defense in the White House right now?
Speaker 4 (06:48):
Well, this is probably the most unified administration I've seen
in my lifetime, and certainly has been remarkable to observe
the last four or five months in action. And the President,
of course is a master with rhetoric, state craft, and
the art of the deal. You just have to read
his book to see. But you know, I think the
famous words apply, you know, take him seriously but not literally.
Speaker 3 (07:08):
But if I was the Iranians, I'd probably be doing.
Speaker 4 (07:10):
Both right now. And so, you know, I think the
basic messages it's over to you, you know, Hamina and
your team whoever you have left there. We do this
the easy way or the hard way, and we prefer
the easy way. But you now know a taste of
what the hard way looks like.
Speaker 1 (07:29):
Before I get into the next area it do you
is there really ever going to be any piece in
the Middle East with with the fanatical clerics running the
country of Iran, and what's going to take to change that?
And there's not going to be a let's call him
a soft cleric or soft Mala or a less aggressive Malay.
(07:51):
This is what they want. They believe in Sharia, a
law above everything else. And if you don't believe in
Sharia law, you're an infidel. And by definition, with what
their religious beliefs are, if you're in infidel, you will
be put to death. So without a real government there,
without an elected government there, can we ever ever take
our eye off Iran?
Speaker 4 (08:10):
That's a great question, and you know, a lot of
it depends on how it run's leadership right now reacts.
But you know, I think, you know, the same could
be said also.
Speaker 3 (08:18):
The region is a.
Speaker 4 (08:19):
Place of a lot of change and hope, and we've
seen many governments change their policies, their attitudes. The Abraham
Accords is a great example of that. And so I
personally think that, you know, ideology, destructive ideology can be
disproven very easily. We're seeing that with the running regimes,
ideology coming apart since October seventh, ironically for them, and
(08:40):
you know, if they want to continue this path, there's
only one direction that it goes.
Speaker 1 (08:47):
Yeah, that thresh would be annihilation or regime change. I
guess that's where we are talking about regime change. At
some point, guys call up the truth social that Trump
put up a couple hours ago, and this is this
kind of interesting. Again, a lot of Americans are where,
especially MAGA. I mean, let's be honest. So MAGA kind
of has always believed that Trump was not going to
(09:08):
be involved in foreign wars. This is a bit of
a well, a certain faction of MAGA believes that this
is this is a tough pill to swallow, that we're
actually bombing another country, especially because could it lead to
World War three? Trump says, did I hear former President
Media d who is the former president of Russia casually
throwing around the end word and he says nuclear and
saying that he and other countries would supply nuclear warheads
(09:30):
to Iran. Did he really say that or is this
just a figment of my imagination? This is Trump talking here, guys.
If he did say that, and if it's confirmed, please
let me know immediately. The n word should not be
treated casually. The question is, and Putin himself has said
it's possible that what United States are aggression may have
opened the door to supplying weapons, whether it's the Russian
(09:52):
weapons or Chinese weapons to around me, meaning nuclear weapons.
Your thoughts on any if this is just saber rattling,
saving any of this.
Speaker 3 (10:01):
Reel that is a very foolish statement.
Speaker 4 (10:04):
And I think from the Russian leadership, I think President
Trump calls them out exactly on that. I mean, look,
Putin and his regime know very well that this is
you know, the next domino to.
Speaker 3 (10:15):
Fall is his own.
Speaker 4 (10:17):
You know, the Russians rely on Iran for their missiles
and drones to keep up their atrocities in Ukraine, and
so I think, you know, you know, there's gonna be
a lot of bravado out there from Russia, but the
reality on the ground is that they can't do a
whole lot and anything they do try along those lines
would be a major escalation and a new war that
(10:37):
they open up.
Speaker 3 (10:39):
So I don't think they're looking for that right now.
Speaker 2 (10:41):
Now.
Speaker 1 (10:41):
The subject going on, and I don't have a ton
of time. I want to stay on this for a
couple of minutes, because it's near and dear to my heart.
I've been around long enough to recall the last time
that Iranians tried to close the strait of hormones, which
they're claiming they were going to do now or threatening
to do right now. Last time they actually had sort
of a planted within the strait, the aquatic bombs. So
(11:03):
if there are any ships that hit one of these,
they explode mines.
Speaker 2 (11:09):
They're saying they may do it again.
Speaker 1 (11:11):
Is this cause for blowing Iranian ships out of the
straight or foremast?
Speaker 2 (11:15):
I will tell you this is a very important straight.
But let me just tell you this while we speak.
Speaker 1 (11:20):
As we speak right now, crude oil is down four dollars,
down four dollars a barrow. Most people though would be
up ten dollars a barrow by now, but it's down
four dollars. No one's believing that the strait will get closed.
Speaker 2 (11:31):
What do you think right right? No?
Speaker 4 (11:33):
No, I think, And I could be wrong, but I've
said all along that that would be obviously that the
main scenario people are concerned about. It would be not
only economic suicide to Iran, but it would directly harm
its main economic patron, the Chinese the number one importer
of Iranian oil. That being said, also, I don't know
what's left of the Iranian navy that Israel has taken
out many of their ships, But so I think I'm
(11:57):
not too concerned that that'll be the case.
Speaker 3 (12:00):
But again I could be wrong there.
Speaker 2 (12:03):
I'm gonna leave you with one.
Speaker 1 (12:04):
On the AFPII website, you quote Theodore Roosevelt. I believe
it says piece is only at its highest good if
it comes as the handmaiden to righteousness. Was our strike
on these three nuclear facilities within Iran? Was it righteous?
Speaker 3 (12:22):
It was not only righteous.
Speaker 4 (12:23):
I think it demonstrates President Trump's leadership as a peacemaker.
This is an end, or certainly the very first step
to an end, of the longest forever war in the region,
waged by the Irinan regime in February.
Speaker 3 (12:36):
Of nineteen seventy nine.
Speaker 4 (12:38):
And I think what we'll quickly see is the Iranians,
the Russians, the Chinese running to the table trying to
find a way to get the United States on their side,
which obviously won't be but they want peace, they want
to end their involvements. And I think getting at this
specific threat in the way that we did was exactly
(12:58):
the right step to take peace possible.
Speaker 2 (13:02):
Will we see peace, what we see peace in the region.
Speaker 3 (13:07):
Very soon.
Speaker 4 (13:07):
We've already seen it under the first Trump administration with
the Abraham Accords. I think, you know, nobody in the
region obviously is more concerned about Iranian nuclear capability than
our partners there, and I think they're looking at Israel's actions,
They're looking what the United States did with a lot
of hope, a lot of confidence and excitement for a
new chapter of peace.
Speaker 1 (13:28):
Great, very optimistic, Jacob, Thank you so much, doctor Elidar.
Speaker 2 (13:31):
I appreciate your time. Thank you so much. We get
checking out again as this, as.
Speaker 1 (13:35):
This progresses, because every day is a new story, a
new news cycle, so to speak, doctor Jacob Aldor, thank you.
Speaker 3 (13:42):
Honored to be with you, Thank you, all right, folks.
Speaker 2 (13:44):
All right, folks.
Speaker 1 (13:45):
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We will be back in two and a half minutes.