1. Political Bias in the Federal Reserve
- The Federal Reserve employees heavily favor Democrats politically, citing a statistic that over 90% of donations went to Democrats in 2024.
- This is evidence that the Fed is no longer neutral and has become partisan and ideologically left-leaning.
- This bias could influence economic policy in ways hostile to free markets.
2. Examples Used to Support the Bias Claim
- Several individual Fed employees are named and described as donating to:
- Progressive or socialist candidates (e.g., Bernie Sanders, AOC).
- Candidates with positions critical of capitalism or U.S. allies.
- These cases are presented to reinforce the idea of a systemic ideological trend inside the Fed.
3. Criticism of Federal Reserve Leadership and Performance
- The Fed is held to account:
- Handling of inflation (described as the worst in decades).
- Ethical issues (resignations of officials).
- Banking failures (several large collapses).
- Also mentions controversy over expensive renovations to Fed facilities.
4. U.S. Policy on Iran
-
- Increased enforcement of sanctions.
- Efforts to target money laundering networks tied to Iran.
- U.S. banks are being pushed to:
- Monitor suspicious transactions.
- Identify shell companies and disguised oil trade activity.
- Prior administrations were:
- Failing to enforce sanctions effectively.
- Allowing Iran to continue economic activity tied to terrorism.
- The narrative presents current policy as more aggressive and corrective.
5. Global Financial System’s Role
- Banks worldwide are portrayed as:
- Sometimes ignoring illicit funding sources for profit.
- Potentially enabling terrorist financing and sanctions evasion.
- New U.S. measures effectively pressure global banks to cooperate.
6. Iran’s Internal Power Structure (Major Analytical Section)
- Historically:
- Iran was controlled by a single supreme leader (Ayatollah).
- Current situation (according to the speaker):
- Leadership is now unclear and fragmented after conflict and leadership changes.
- Power may be shifting toward the Islamic Revolutionary Guard Corps (IRGC).
- The IRGC is:
- A military, political, and economic force.
- Potentially the real governing authority in Iran.
- It controls:
- Military operations, intelligence, and proxy groups.
- Iran may now operate under:
- A “committee-style” leadership instead of a single authority.
- This creates risks:
- Slower decision-making.
- Confusion and miscommunication.
- Increased chance of miscalculation in conflicts.
7. Increased Risk of Conflict
- The lack of clear leadership could lead to:
- More aggressive or unpredictable actions.
- Escalation in:
- Nuclear negotiations
- Regional conflicts (especially involving Israel and the U.S.)
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Episode Transcript
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Speaker 1 (00:00):
Federal Reserve staff funds. I'm gonna say this again, Federal
Reserve staff funds are going to the Democratic Party to
lurch them to the left. Central bank economists is backing
socialist politicians. Staffers at the Federal Reserve Bank system are
providing financial backing for the Democratic Party's radical lurks towards
(00:25):
the far left. Washington Freebeacon analysis has now unfolded political
donations from the FED staff have a sharp partisan tilt
towards Democrats. In the twenty twenty four campaign cycle, ninety
point three percent of contributions from FED employees went to
(00:48):
you guessed it, Democrats, according to Open Secrets. Now, the
site doesn't yet have a tally of the political distribution
of donations as campaign cycle, but the at a Reserve
staff for jumping in, pouring money into contested Democratic primary
races and supporting candidates with extreme views that are hostile
(01:10):
to free market economies and to America's traditional allies as well.
Now you think about that, and I go back to
this point. If you want to know just how deep
the anti American mindset is in our government, look at
(01:31):
the data I just gave you. Twenty twenty four, Donald
Trump's on the ballot. The majority of Americans said we
were going in the wrong direction and we needed to
have a major change, and they decided to go away
from Joe Biden than Kamala Harris to Donald Trump. But
ninety percent of the contributions from the Federal Reserve, more
than ninety percent went to Democrats. And now you look
(01:54):
at the Federal Reserve. They're supposed to be in favor
of you, right, not the government. They're supposed to be
in favor of the free markets, not communism or socialism.
But what we're witnessing is that the partisan hacks, the
radical left have dug into our different divisions of government,
(02:15):
even the places they've dug in, like the Federal Reserve.
The FED Reserve, by the way, is not supposed to
be political, but clearly they are. And so when Donald
Trump goes to war with Powell, for example, and goes
to war with the FED in general, now you understand
exactly why. Because it is a partisan political organization where
(02:37):
more than nine out of ten of the donations that
are given, or more than ninety out of one hundred
donations are given, or over nine hundred of one thousand
donations given whichever way I phrase that clicks with you
the most, they're going to contributions to radical Democratic candidates.
(02:57):
It also begs the question this, if ninety plus percent
of campaign contributions from Federal Reserve employees are going to Democrats,
does that mean that their policies are literally hostile to
free market economics and to American traditional values. Now among
(03:18):
the Fed staffers who surfaced in the Freebeacon Review, where
a guy by the name of Hampton Finer, whose LinkedIn
profile describes him as head of globally systematically important bank Supervision.
That's actually a thing, okay, Head of globally systematically important
(03:38):
bank supervision, head of seventy person function responsible for on
site and dedicated supervision of New York based globally systematically
important banks. This is a job Finer. This dude donated
two thousand dollars in December twenty twenty five to the
(03:59):
congressional campaig Lane of Brad Lander, who's running a primary
against Representative Dan Goldman, the incumbent Democrat. Now Lander has
the endorsements of socialist Centator Bernie Sanders, the socialist mayor Mundani.
He is running to cut off Israel's iron dome defense
against missile attacks from terrorists like Iran and hes blah.
(04:19):
Finer made previous smaller contributions to radicals like AOC, a
self described socialist, and other socialist candidates. There's another individual
that gave money, Erfan Mutuza, LinkedIn profile describes him as
(04:40):
a senior counsel at a FED division devote to enforcement
against unfair or deceptive acts or practices. He gave one
two hundred and fifty dollars the US Senate campaign of
a Michigan Democrat who has backed defund the police activism
and boasted about turning away from the American flag during
the national anthem. This dude, who was running for office,
(05:05):
told campaign staffers he would not take a position on
the demise of the Iotolic Comani because there was a
lot of people in Dearborn who are sad.
Speaker 2 (05:14):
Remember that guy.
Speaker 1 (05:16):
How about Kshav Dagra, an economic research advisor at the
Federiserve Bank in New York who described himself in a
twenty fourteen bio as a citizen of the UK. He's
donated seven hundred and fifty dollars this year to the
congressional campaign of Claire Valdez Valdez is a Mundanian door
(05:38):
socialist whose launch video denounced what she calls a system
designed to extract from working people while protecting the wealth
and power of the billionaire class. The video also promises
Valdez will oppose apartheid in genocide in Palestine, so she
hates the Jews as well. Dagra also donated to the
(05:59):
campaign of another socialist anti Israel congressional candidate, Federal Record Show,
and gave twenty one hundred to the campaign of Mondani
for mayor City Record Show. At least seven other FED
employees also donated to Mendanni's campaign that we know of
right now. Sefana di Amiko, whose personal website describes her
(06:20):
as a policy and research advisor at the Federal Reserve
Bank of New York, donated two earned seventy dollars to
the socialist campaign of Bernie Sanders in February of twenty
twenty six, and two hundred and fifty and twenty twenty
five to the campaign of Graham Platner, who launches US
Senate campaign in Maine with a video produced by Mendannie's
campaign a declaring the enemy is billionaires. Now, these are
(06:43):
the people at the Federal Reserve. They're supposed to like
love money, not hate capitalism. Matt Malott, an engineer at
the Federal Reserve Bank of Kansas City, donated five hundred
dollars to Cortes in Juno twenty twenty five. Federal campaign
disclosures rerecres indicate as well. Finder all of these people
(07:03):
did not respond to emails from the Freebeacon asking why
they gave. A New York Fed official referred the freebeaconto
the bank's Code of Conduct, which states an employee may
not engage in political activity while on duty or on
bank premises, but must be extremely cautious to avoid any
suggestion of bank sponsorship or support of such activities. Well,
(07:26):
clearly that doesn't matter, because if it did, you wouldn't
have more than ninety percent of all the donations from
Federal Reserve employees going to the Democratic Party. Now, the Fed,
by the way, has been subject to intent as it
should be. Political battles with President Trump and the Treasury
Secretary of Scott Besson sharply critical of the too late
(07:49):
chairman Drome Powell. Besson said on May third, if we
think about the Powell Fed, if we think about the monetary.
Speaker 2 (07:56):
Policy, ethics, and supervision. They weren't great.
Speaker 1 (07:59):
Mont there a policy, we had the worst inflation in
forty eight years. Ethics, we had five governors or regional
bank presidents have to resign for ethical problems.
Speaker 2 (08:09):
And then we had.
Speaker 1 (08:10):
Three of the four largest bank failures in US history.
And that doesn't even mention the two point five billion
renovation of the Fed's Washington headquarters building, which Power has defended.
Trump described as a scandal. I couldn't agree more. This
is exactly why we must expose all these people each
and every single day, because this is what they are doing.
(08:37):
The Treasury Department has just come out telling US banks
to flag suspected.
Speaker 2 (08:45):
Iranian money laundering networks.
Speaker 1 (08:49):
The Treasury Department is wanting US banks and other financial
institutions to monitor what they describe as Iranian money laundering
networks that use their funds to smoggle sanction through shell companies,
as well as crypto networks. The move which affects you
effectively deputizes the global financial system to help disrupt Iran's sanctions.
(09:11):
Evasion infrastructure comes as the US and Iran reached another
impasse over how the end the war will happen. While
their ceasefire has grown increasingly shaky. President Trump on Monday
said the Iranian seasfire is on life support after he
rejected Tehran's latest proposal to end the war as a
(09:31):
non starter because they want to keep and have nuclear weapons.
The Trump administration is calling on banks now to flag
certain customers who may launder funds for Rand's Revolutionary Guard. Now,
the IRGC is an essence in charge of the government.
Right now they are a declared terrorist organization. What's also
really interesting about what's happening is this is what should
(09:53):
have already have been happening under prior administrations. Except prior
administrations they decided to just look the other way. We
had sanctions on Iran, they just were not imposed, they
were not actually used. Again, prior administrations looking the other way,
(10:14):
trying appeasement instead of actually saying that we are going
to stop Iran from doing what they were doing as
a state sponsored terrorism. Now, the Biden administration was actually
very smart. They didn't lift the sanctions on Iran. They
just deliberately chose not to enforce the sanctions that we
had in Ran because they didn't want to get hit politically. Well,
(10:34):
now the Trump administration is saying, not only are we
going to have sanctions on Iran, but we are now
calling on the banks to do their job.
Speaker 2 (10:40):
Now.
Speaker 1 (10:41):
Once the government says this, this changes everything in the
banking community. Do you want to be the bank that
gets busted laundering funds through Iran's Revolutionary Guard, which is
a terrorist organization? And that's exactly why the Trump administration
is saying this Now. They're also saying this includes newly
(11:01):
formed companies moving unusually large amounts of money, They said,
firms that route payments through multiple intermediaries, or transactions connected
to Iranian crypto firms.
Speaker 2 (11:16):
Now, as part of the US.
Speaker 1 (11:17):
Initiative to monitor Iranian oil sales, banks are being asked
to watch out for oil labeled as Malaysian blend to
disguise its Iranian origin, missing or falsified shipping documents, or
ship to ship oil transfer that obscure where cargo originally
(11:37):
came from. In other words, they're saying, ignorance in the
banking world is no longer bliss banks. By the way,
many banks they don't care where the money that comes
to their bank actually comes from. They don't care if
the money is coming from a terrorist regime because they
make money off that money, right, they want massive depods.
Speaker 2 (11:56):
It's coming into their bank.
Speaker 1 (11:57):
So for years, banks and their's many banks out there,
and there are shady banks, yes in the United's of
America that have no problem helping launder money for cartels,
for Russia oligarchs, or for terrorist organizations and groups. In fact,
we saw that after nine to eleven. Now, a Treasury
Financial Crimes Enforcement Network report released on Monday says oil
(12:20):
firms linked to Iran conducted roughly four billion I'm gonna
say that again, roughly four billion in transactions in twenty
twenty four alone. How is that even possible? It is
because the enforcement mechanisms in our banking system deliberately look
the other way. Because what bank doesn't want four billion
dollars in transactions or at least a piece of that
(12:42):
four billion dollars? And dozens of shipping companies based in Iraq,
the United air of Emirates in Hong Kong are all
connected to transporting sanction Iaranian oil as well. They say
proceeded proceeds about seven hundred and seven million through US
accounts in twenty two. So they're also now saying, hey,
(13:03):
if you see companies in Iraq, in the UAE, Hong
Kong that are doing this, you also now have an
obligation to report it.
Speaker 2 (13:11):
Now, along with a.
Speaker 1 (13:12):
Bombing campaign in Iran, the Trump administration is now turned
towards an economic focused effort aimed at choking Tehran into submission.
They do this not only through sanctions that are actually enforced,
but also the threat of secondary sanctions on Iran's allies,
which is now very important. In April, and this went
(13:35):
very much unreported, Treasury Secretary Scott Bessen sent a letter
to financial institutions in China, in Hong Kong, the UAE,
and Oman threatening to levy sanctions and secondary sanctions for
doing business with Iran, and accusing those countries of allowing
Iranian illicit activities to flow through their financial institutions. So
(13:57):
here we are the President of United States of Amya NARCA,
yet again saying if you're helping Iran, you are on
our list. And if you're an American bank or any
bank that's connected to the US and our institutions, you
are also on notice that if we catch you helping
a terrorist regime, there will be hell to pay for it.
(14:20):
And that is how the present continues to fight Iran
as we speak.
Speaker 2 (14:24):
For decades.
Speaker 1 (14:25):
By the way, if you go back and look at history,
Iran had a very clear power structure. At the very
top was a supreme leader. Now, first it was the
Iatola Kommaning after the nineteen seventy nine Islamic Revolution. I
mentioned this, by the way, on this show before, and
I'm going to say it again. If you've never watched
the movie RG, go watch it. True story of the
(14:47):
fall of the Shaw of Iran and then what happened
afterwards with the American hostage crisis.
Speaker 2 (14:54):
It's an incredible movie.
Speaker 1 (14:56):
And it just gives you a lot of perspective on
what's happening now and how we got to where we are.
So if you go back to seventy nine, you understand
the Islamic Revolution, and then for decades it was the iatola, right,
who's in charge?
Speaker 2 (15:10):
The Supreme Leader was ultimately the authority.
Speaker 1 (15:13):
That authority was even above the president, it was above parliament,
it was above the military. The Iatola controlled the armed forces.
That's how it gave him the legitimacy to be able
to do whatever you want to do and to be crazy. Right.
Intelligence services were also under the Iola. State media was
also under the Iatola, Nuclear policy was also under the Iatola,
(15:37):
and major foreign policy decisions did not go to the
President of Iran, it went to the Ayatola. Now, after
the Americans took out the leader the Iatola, the chaos
and fallout from the war with the US and Israel,
that is where RAN's leadership structure appears more fractured and
(15:58):
honestly more than at any point in decades. It's the
reason why the president has also been well, honestly so
understanding in the negotiations and trying to keep the ceasefire.
You're really trying to figure out who actually is in
charge because after the reported death, chaos within the ranks
(16:19):
and the power struggle was real. Now, officially the new
Supreme Leader is believed to be the son of Ali Komani,
but according to multiple reports, including Reuters and other international analysts,
there is another person that may actually be making the
decisions instead. Now many experts believe the real power is
(16:44):
actually shifted to the Islamic Revolutionary Guard known as the RGC,
and that changes absolutely everything. Now you have to understand something.
The IRGC is not just a military organization they're more
than that. They're a terrorist organization. It is a political
empire with them as well. They control the intelligence operations
(17:06):
in Iran, they control the missile programs in Iran. They
also control and fund the proxy militious across the Middle East.
They also control and have massive business interests that fund them,
and much of Iran's internal security apparatus is run by
the IRGC. Now, that means it has enormous influence inside
(17:30):
of the government. It's almost a government within the government.
But they have all the weaponry and the guns, the
power to blow things up. That's why many believe that
the RGC is much more than a military organization.
Speaker 2 (17:43):
They're running the show now. For years.
Speaker 1 (17:46):
To put in perspective, the Supreme Leader acted as the
referee between competing factions inside of the regime.
Speaker 2 (17:54):
Right, you had the.
Speaker 1 (17:55):
Clerics, which were the religious radicals, the nuts. You have
the military terry, which was really a terrorist organization. You
then had the hardliners and the government as well. You
had the pragmatists that were trying to just say, hey,
can we calm down a little bit and live life
and enjoy it. We have a lot of resources. Then
you had Parliament and then you had the presidency. That
(18:17):
is a lot of people to deal with and a
lot of different perspectives that are all coming from radical ideology.
But now analysts say the referee may be gone all together.
Speaker 2 (18:28):
Which is the most interesting point of all.
Speaker 1 (18:31):
Reuters, for example, they recently reported that RAN no longer
has a quote single undisputed clerical arbiter at the top
of the system, and that wartime power has consolidated around
the IRGC commanders and the Supreme National Security Council. In
(18:51):
other words, what Reuters is saying is, instead of one
man calling the shots, you may now have a committee
style power structure. It's dominated by multiple generals and multiple
security officials. Now that is where the uncertainty becomes enormous.
When countries have unclear chain of commands, you've got a
(19:13):
problem with decision making and slowdowns. You have confusion over
what decision may have even been made, and then you
have miscalculations that become more likely within the government, especially
then when it's dealing with a foreign power like the
United States of America or Israel. And we're already seeing
major signs of that, especially over the last week. One
(19:34):
report quote officials saying that negotiations.
Speaker 2 (19:37):
With Iran now take days longer.
Speaker 1 (19:40):
Because there doesn't appear to be one single authority that
is capable of giving any answers immediately. That's impossible. So
that's where the danger comes in. And this is why
you may be asking yourself the question, why is President
Trump seeming so calm when dealing with the Iranians.
Speaker 2 (19:59):
Well, look at the other side of this.
Speaker 1 (20:02):
We're talking about nuclear negotiations, We're talking about negotiations on
the straight of war moves as is, there's also a
tax happening on ships in the Strait. You're talking about
dealing with military and militia proxies. You're talking about missile
strikes and potential military escalation with the United States of
America or Israel. So that also becomes another question. Who
(20:26):
in Iran is giving the final order? Is it the
IRGC commander, is the Supreme National Security Council is a
coalition of hardline generals? And the answer appears to be
this all of the above. And that's why intelligence agencies
around the world right now are not only watching Iran closely,
(20:46):
but they're also trying to figure out who's really calling
the shots because historically authoritarian systems often become unstable, especially
during leadership transitions. You got the power struggles happening behind
closed doors. You then have very different factions competing for influence.
You have military leaders that begin assessing and asserting themselves
(21:10):
into places where they normally wouldn't do so, trying to
gain power. And in Iran's case, you also have ideology.
And then you've got religion and military power, all of
them colliding exactly at the same time. That is abnormal
for Iran. Some analysts now say Iran has shifted from
a clerical dictatorship to what amounts to a military security state.
(21:36):
One expert described it this way, saying, quote, we've gone
from divine power to hard power, and that's a massive
transformation for any country, especially Iran, because for decades, Iran's
legitimacy came from religious authority, the iatolis. But now, according
(21:56):
to reports, the generals may be running the show while
the clerics provide symbolic legitimacy at best. And that matters
because military regimes often behave very differently than religious ones.
Military leaders tend to prioritize survival and then deterrence and
then power projection, and they can also be more aggressive
(22:20):
because compromise may be viewed also as weakness if you're
wearing a uniform. And that's why some experts believe now
that Iran can become even more confrontational in the months
or weeks or days ahead, especially on nuclear issues and
regional military operations that can include attax on their neighbors,
(22:41):
including Israel. Now, at the same time, Iran still is
maintaining the appearance of a civilian government. Technically, there is
still a president right now. Technically there's still a parliament
right now, there are still ministers, and there's still diplomats,
but less agree. These institutions only operate within limits set
(23:05):
by the security that's been established by the Supreme Leader's office.
So when Americans hear statements from Iran's president or foreign minister,
just remember it's important to understand that you may not
actually be listening to the ultimate decision.
Speaker 2 (23:21):
Maker at all.
Speaker 1 (23:23):
The real authority is probably sitting inside of a military
bunker somewhere where the IRGC commanders can basically dictate because
they have the true power to do, in essence, whatever
the hell they want in Iran. Right now, President Donald Trump,
he is very concerned about the midterm elections, and it's
(23:44):
clear that he's trying to be president of the United
States of America, but he also understands that if he
doesn't turn into Donald Trump the campaigner right now, that
we could have major problems come November. Now, President Trump
is making it very clear that the Republicans better get
their act together, saying that the midterm elections are not
(24:05):
just another political fight, but in his words, they are
make or break for his presidency, his agenda in the
future direction of the country. We also are learning now
that behind closed doors, it's also getting really intense. Trump
has been warning Republicans that if they lose control of Congress,
(24:26):
Democrats will immediately move to cripple's second term with investigation, subpoenas,
and potentially even another impeachment effort. Democrats have said they're
actually willing to go further than Donald Trump and impede
the Vice President j d Vance and also go after
and try to impeach cabinet members as well. There was
a House Republican retreat that happened earlier this year. Trump
(24:50):
bluntly told the lawmakers, you gotta win the midterms, and
he warned that if Republicans lose, they'll find a reason
to impeach me. Now, whether you love President Trump or
hate him, there's no denying the political reality behind what
he's saying.
Speaker 2 (25:06):
This is a party, and I'm talking.
Speaker 1 (25:08):
About the Democratic Party that's made it clear they are
going to weaponize government to subpoena and to destroy anyone
that is around Donald Trump. Why because that's all they
have to run on. They hate Donald Trump and it
seems to make their base want to show up to vote.
The White House knows that if Democrats retake the House,
(25:30):
the next two years will turn into non stop political warfare.
And it's exactly what they did back in twenty sixteen,
twenty eighteen, and really every year even when Joe Biden
was in office. There will be committee investigations. They will
explode overnight. I'm quoting Democrats. They've already said that hearings
will dominate cable news. It's not a legitimate agenda for America.
(25:54):
It's a legitimate agenda destroy the presidency of the United
States of America. And that's why Donald Trump has been
aggressively pressuring Republicans to unify around a simple message. We
secure the border, We strengthen the economy, we lower prices,
we restore law and order, and you compare that to
(26:15):
the radical Democrat chaos.
Speaker 2 (26:17):
Now.
Speaker 1 (26:17):
The President also saying this about the midterms at the
White House earlier, and.
Speaker 3 (26:23):
Then I said, yeah, he's a dumb guy. And then
I said he's a Democrat.
Speaker 2 (26:26):
And I don't know.
Speaker 3 (26:26):
If people are gonna like that term or not. It
maybe catches on and maybe it doesn't, but it's true
that policies are insane and they would drive our country
into ruin. And we've got to do great in the midterms,
and if we don't, they will do everything they can
to destroy our country. There's something wrong with them. The
flow of deadly fenonel across our border is down, by
(26:47):
the way by over sixty percent, which is a record
nobody ever thought it was even possible, And coming in
by sea, it's down by ninety seven percent. And again
we're trying to find the three percent because we can
incided them to be among the bravest people anywhere in
the world. Anybody willing to get into one of those
votes after what they've witnessed, we would consider them to
(27:08):
be among the bravest in the world. These gains have
been the result. And what a job our military and
others are doing.
Speaker 2 (27:16):
With respect is.
Speaker 3 (27:17):
That right, Paul? With respect to drugs coming in by sea,
meaning drugs coming in by water, by the ocean, by
the say, a lot of people don't know what I
mean by sea.
Speaker 1 (27:26):
President Trump talking at the White House and again making
it clear the control of the House is literally going
to come down to just a handful of districts in
states like Arizona, Pennsylvania, Georgia, Michigan, Nevada, Wisconsin, the swing states.
In many of those races, President Warrens will be decided
(27:46):
by suburban swing voters who have bounced back and forth
between Republican candidates and Democratic candets over the last several
election cycles. Trump is also facing another challenge presidents are
always encounter in the midterms. There is a voter complacency.
The team that's in charge usually they stay home because
(28:07):
they feel like everything's fine, and the team that hates
the leadership in Washington, they show up. They're focused, they're angry,
and they want to get rid of conservatives. When your
side wins the White House, some supporters actually, well, they relax,
right the opposition is energized and as we know from
the Democratic leaders, they're angry now. Democrats are already organizing
(28:31):
around abortion rights, healthcare costs, and accusations, of course, that
Trump is abusing his executive power. Republicans now fear that
there's a real enthusiasm gap. I'm one of those, and
that's why Donald Trump is making it very clear he
may not be on the ballot come November, but his
(28:52):
agenda certainly is. He's essentially telling Republicans, if you want
this presidency to succeed, you have to treat the midterms
like a presidential election. And behind the scenes, the stakes
are enormous. Trump's entire legislative agenda depends on Congress. We're
talking about things that matter to everyday Americans, the most
(29:16):
incredible tax cuts of our lifetime, energy independence and expansion
in the US, immigration reform, judicial appointments, which have been
phenomenal for President Trump. Budget fights, yes, the President saying
we're spending too much money, getting rid of waste fraud
and of use and military spending, which Democrats always hate.
(29:38):
You even have the fight over the Save Act, electional
law changes. All of it becomes dramatically harder if Democrats
regain power in many ways. Donald Trump is now saying
the twenty twenty six is literally the firewall protecting the
rest of his presidency. And there's another major factor here
(30:00):
as well. Republicans like to stay home when they're in
power historically, and what the President is saying is the
Democrats aren't going to stay home, so you shouldn't either.
Make sure you share this podcast with your family and friends,
put it up on social media wherever you are, and
we appreciate you listening every day.
Speaker 2 (30:19):
We'll see you back here tomorrow.
Federal Reserve staff funds. I'm gonna say this again, Federal
Reserve staff funds are going to the Democratic Party to
lurch them to the left. Central bank economists is backing
socialist politicians. Staffers at the Federal Reserve Bank system are
providing financial backing for the Democratic Party's radical lurks towards
(00:25):
the far left. Washington Freebeacon analysis has now unfolded political
donations from the FED staff have a sharp partisan tilt
towards Democrats. In the twenty twenty four campaign cycle, ninety
point three percent of contributions from FED employees went to
(00:48):
you guessed it, Democrats, according to Open Secrets. Now, the
site doesn't yet have a tally of the political distribution
of donations as campaign cycle, but the at a Reserve
staff for jumping in, pouring money into contested Democratic primary
races and supporting candidates with extreme views that are hostile
(01:10):
to free market economies and to America's traditional allies as well.
Now you think about that, and I go back to
this point. If you want to know just how deep
the anti American mindset is in our government, look at
(01:31):
the data I just gave you. Twenty twenty four, Donald
Trump's on the ballot. The majority of Americans said we
were going in the wrong direction and we needed to
have a major change, and they decided to go away
from Joe Biden than Kamala Harris to Donald Trump. But
ninety percent of the contributions from the Federal Reserve, more
than ninety percent went to Democrats. And now you look
(01:54):
at the Federal Reserve. They're supposed to be in favor
of you, right, not the government. They're supposed to be
in favor of the free markets, not communism or socialism.
But what we're witnessing is that the partisan hacks, the
radical left have dug into our different divisions of government,
(02:15):
even the places they've dug in, like the Federal Reserve.
The FED Reserve, by the way, is not supposed to
be political, but clearly they are. And so when Donald
Trump goes to war with Powell, for example, and goes
to war with the FED in general, now you understand
exactly why. Because it is a partisan political organization where
(02:37):
more than nine out of ten of the donations that
are given, or more than ninety out of one hundred
donations are given, or over nine hundred of one thousand
donations given whichever way I phrase that clicks with you
the most, they're going to contributions to radical Democratic candidates.
(02:57):
It also begs the question this, if ninety plus percent
of campaign contributions from Federal Reserve employees are going to Democrats,
does that mean that their policies are literally hostile to
free market economics and to American traditional values. Now among
(03:18):
the Fed staffers who surfaced in the Freebeacon Review, where
a guy by the name of Hampton Finer, whose LinkedIn
profile describes him as head of globally systematically important bank Supervision.
That's actually a thing, okay, Head of globally systematically important
(03:38):
bank supervision, head of seventy person function responsible for on
site and dedicated supervision of New York based globally systematically
important banks. This is a job Finer. This dude donated
two thousand dollars in December twenty twenty five to the
(03:59):
congressional campaig Lane of Brad Lander, who's running a primary
against Representative Dan Goldman, the incumbent Democrat. Now Lander has
the endorsements of socialist Centator Bernie Sanders, the socialist mayor Mundani.
He is running to cut off Israel's iron dome defense
against missile attacks from terrorists like Iran and hes blah.
(04:19):
Finer made previous smaller contributions to radicals like AOC, a
self described socialist, and other socialist candidates. There's another individual
that gave money, Erfan Mutuza, LinkedIn profile describes him as
(04:40):
a senior counsel at a FED division devote to enforcement
against unfair or deceptive acts or practices. He gave one
two hundred and fifty dollars the US Senate campaign of
a Michigan Democrat who has backed defund the police activism
and boasted about turning away from the American flag during
the national anthem. This dude, who was running for office,
(05:05):
told campaign staffers he would not take a position on
the demise of the Iotolic Comani because there was a
lot of people in Dearborn who are sad.
Speaker 2 (05:14):
Remember that guy.
Speaker 1 (05:16):
How about Kshav Dagra, an economic research advisor at the
Federiserve Bank in New York who described himself in a
twenty fourteen bio as a citizen of the UK. He's
donated seven hundred and fifty dollars this year to the
congressional campaign of Claire Valdez Valdez is a Mundanian door
(05:38):
socialist whose launch video denounced what she calls a system
designed to extract from working people while protecting the wealth
and power of the billionaire class. The video also promises
Valdez will oppose apartheid in genocide in Palestine, so she
hates the Jews as well. Dagra also donated to the
(05:59):
campaign of another socialist anti Israel congressional candidate, Federal Record Show,
and gave twenty one hundred to the campaign of Mondani
for mayor City Record Show. At least seven other FED
employees also donated to Mendanni's campaign that we know of
right now. Sefana di Amiko, whose personal website describes her
(06:20):
as a policy and research advisor at the Federal Reserve
Bank of New York, donated two earned seventy dollars to
the socialist campaign of Bernie Sanders in February of twenty
twenty six, and two hundred and fifty and twenty twenty
five to the campaign of Graham Platner, who launches US
Senate campaign in Maine with a video produced by Mendannie's
campaign a declaring the enemy is billionaires. Now, these are
(06:43):
the people at the Federal Reserve. They're supposed to like
love money, not hate capitalism. Matt Malott, an engineer at
the Federal Reserve Bank of Kansas City, donated five hundred
dollars to Cortes in Juno twenty twenty five. Federal campaign
disclosures rerecres indicate as well. Finder all of these people
(07:03):
did not respond to emails from the Freebeacon asking why
they gave. A New York Fed official referred the freebeaconto
the bank's Code of Conduct, which states an employee may
not engage in political activity while on duty or on
bank premises, but must be extremely cautious to avoid any
suggestion of bank sponsorship or support of such activities. Well,
(07:26):
clearly that doesn't matter, because if it did, you wouldn't
have more than ninety percent of all the donations from
Federal Reserve employees going to the Democratic Party. Now, the Fed,
by the way, has been subject to intent as it
should be. Political battles with President Trump and the Treasury
Secretary of Scott Besson sharply critical of the too late
(07:49):
chairman Drome Powell. Besson said on May third, if we
think about the Powell Fed, if we think about the monetary.
Speaker 2 (07:56):
Policy, ethics, and supervision. They weren't great.
Speaker 1 (07:59):
Mont there a policy, we had the worst inflation in
forty eight years. Ethics, we had five governors or regional
bank presidents have to resign for ethical problems.
Speaker 2 (08:09):
And then we had.
Speaker 1 (08:10):
Three of the four largest bank failures in US history.
And that doesn't even mention the two point five billion
renovation of the Fed's Washington headquarters building, which Power has defended.
Trump described as a scandal. I couldn't agree more. This
is exactly why we must expose all these people each
and every single day, because this is what they are doing.
(08:37):
The Treasury Department has just come out telling US banks
to flag suspected.
Speaker 2 (08:45):
Iranian money laundering networks.
Speaker 1 (08:49):
The Treasury Department is wanting US banks and other financial
institutions to monitor what they describe as Iranian money laundering
networks that use their funds to smoggle sanction through shell companies,
as well as crypto networks. The move which affects you
effectively deputizes the global financial system to help disrupt Iran's sanctions.
(09:11):
Evasion infrastructure comes as the US and Iran reached another
impasse over how the end the war will happen. While
their ceasefire has grown increasingly shaky. President Trump on Monday
said the Iranian seasfire is on life support after he
rejected Tehran's latest proposal to end the war as a
(09:31):
non starter because they want to keep and have nuclear weapons.
The Trump administration is calling on banks now to flag
certain customers who may launder funds for Rand's Revolutionary Guard. Now,
the IRGC is an essence in charge of the government.
Right now they are a declared terrorist organization. What's also
really interesting about what's happening is this is what should
(09:53):
have already have been happening under prior administrations. Except prior
administrations they decided to just look the other way. We
had sanctions on Iran, they just were not imposed, they
were not actually used. Again, prior administrations looking the other way,
(10:14):
trying appeasement instead of actually saying that we are going
to stop Iran from doing what they were doing as
a state sponsored terrorism. Now, the Biden administration was actually
very smart. They didn't lift the sanctions on Iran. They
just deliberately chose not to enforce the sanctions that we
had in Ran because they didn't want to get hit politically. Well,
(10:34):
now the Trump administration is saying, not only are we
going to have sanctions on Iran, but we are now
calling on the banks to do their job.
Speaker 2 (10:40):
Now.
Speaker 1 (10:41):
Once the government says this, this changes everything in the
banking community. Do you want to be the bank that
gets busted laundering funds through Iran's Revolutionary Guard, which is
a terrorist organization? And that's exactly why the Trump administration
is saying this Now. They're also saying this includes newly
(11:01):
formed companies moving unusually large amounts of money, They said,
firms that route payments through multiple intermediaries, or transactions connected
to Iranian crypto firms.
Speaker 2 (11:16):
Now, as part of the US.
Speaker 1 (11:17):
Initiative to monitor Iranian oil sales, banks are being asked
to watch out for oil labeled as Malaysian blend to
disguise its Iranian origin, missing or falsified shipping documents, or
ship to ship oil transfer that obscure where cargo originally
(11:37):
came from. In other words, they're saying, ignorance in the
banking world is no longer bliss banks. By the way,
many banks they don't care where the money that comes
to their bank actually comes from. They don't care if
the money is coming from a terrorist regime because they
make money off that money, right, they want massive depods.
Speaker 2 (11:56):
It's coming into their bank.
Speaker 1 (11:57):
So for years, banks and their's many banks out there,
and there are shady banks, yes in the United's of
America that have no problem helping launder money for cartels,
for Russia oligarchs, or for terrorist organizations and groups. In fact,
we saw that after nine to eleven. Now, a Treasury
Financial Crimes Enforcement Network report released on Monday says oil
(12:20):
firms linked to Iran conducted roughly four billion I'm gonna
say that again, roughly four billion in transactions in twenty
twenty four alone. How is that even possible? It is
because the enforcement mechanisms in our banking system deliberately look
the other way. Because what bank doesn't want four billion
dollars in transactions or at least a piece of that
(12:42):
four billion dollars? And dozens of shipping companies based in Iraq,
the United air of Emirates in Hong Kong are all
connected to transporting sanction Iaranian oil as well. They say
proceeded proceeds about seven hundred and seven million through US
accounts in twenty two. So they're also now saying, hey,
(13:03):
if you see companies in Iraq, in the UAE, Hong
Kong that are doing this, you also now have an
obligation to report it.
Speaker 2 (13:11):
Now, along with a.
Speaker 1 (13:12):
Bombing campaign in Iran, the Trump administration is now turned
towards an economic focused effort aimed at choking Tehran into submission.
They do this not only through sanctions that are actually enforced,
but also the threat of secondary sanctions on Iran's allies,
which is now very important. In April, and this went
(13:35):
very much unreported, Treasury Secretary Scott Bessen sent a letter
to financial institutions in China, in Hong Kong, the UAE,
and Oman threatening to levy sanctions and secondary sanctions for
doing business with Iran, and accusing those countries of allowing
Iranian illicit activities to flow through their financial institutions. So
(13:57):
here we are the President of United States of Amya NARCA,
yet again saying if you're helping Iran, you are on
our list. And if you're an American bank or any
bank that's connected to the US and our institutions, you
are also on notice that if we catch you helping
a terrorist regime, there will be hell to pay for it.
(14:20):
And that is how the present continues to fight Iran
as we speak.
Speaker 2 (14:24):
For decades.
Speaker 1 (14:25):
By the way, if you go back and look at history,
Iran had a very clear power structure. At the very
top was a supreme leader. Now, first it was the
Iatola Kommaning after the nineteen seventy nine Islamic Revolution. I
mentioned this, by the way, on this show before, and
I'm going to say it again. If you've never watched
the movie RG, go watch it. True story of the
(14:47):
fall of the Shaw of Iran and then what happened
afterwards with the American hostage crisis.
Speaker 2 (14:54):
It's an incredible movie.
Speaker 1 (14:56):
And it just gives you a lot of perspective on
what's happening now and how we got to where we are.
So if you go back to seventy nine, you understand
the Islamic Revolution, and then for decades it was the iatola, right,
who's in charge?
Speaker 2 (15:10):
The Supreme Leader was ultimately the authority.
Speaker 1 (15:13):
That authority was even above the president, it was above parliament,
it was above the military. The Iatola controlled the armed forces.
That's how it gave him the legitimacy to be able
to do whatever you want to do and to be crazy. Right.
Intelligence services were also under the Iola. State media was
also under the Iatola, Nuclear policy was also under the Iatola,
(15:37):
and major foreign policy decisions did not go to the
President of Iran, it went to the Ayatola. Now, after
the Americans took out the leader the Iatola, the chaos
and fallout from the war with the US and Israel,
that is where RAN's leadership structure appears more fractured and
(15:58):
honestly more than at any point in decades. It's the
reason why the president has also been well, honestly so
understanding in the negotiations and trying to keep the ceasefire.
You're really trying to figure out who actually is in
charge because after the reported death, chaos within the ranks
(16:19):
and the power struggle was real. Now, officially the new
Supreme Leader is believed to be the son of Ali Komani,
but according to multiple reports, including Reuters and other international analysts,
there is another person that may actually be making the
decisions instead. Now many experts believe the real power is
(16:44):
actually shifted to the Islamic Revolutionary Guard known as the RGC,
and that changes absolutely everything. Now you have to understand something.
The IRGC is not just a military organization they're more
than that. They're a terrorist organization. It is a political
empire with them as well. They control the intelligence operations
(17:06):
in Iran, they control the missile programs in Iran. They
also control and fund the proxy militious across the Middle East.
They also control and have massive business interests that fund them,
and much of Iran's internal security apparatus is run by
the IRGC. Now, that means it has enormous influence inside
(17:30):
of the government. It's almost a government within the government.
But they have all the weaponry and the guns, the
power to blow things up. That's why many believe that
the RGC is much more than a military organization.
Speaker 2 (17:43):
They're running the show now. For years.
Speaker 1 (17:46):
To put in perspective, the Supreme Leader acted as the
referee between competing factions inside of the regime.
Speaker 2 (17:54):
Right, you had the.
Speaker 1 (17:55):
Clerics, which were the religious radicals, the nuts. You have
the military terry, which was really a terrorist organization. You
then had the hardliners and the government as well. You
had the pragmatists that were trying to just say, hey,
can we calm down a little bit and live life
and enjoy it. We have a lot of resources. Then
you had Parliament and then you had the presidency. That
(18:17):
is a lot of people to deal with and a
lot of different perspectives that are all coming from radical ideology.
But now analysts say the referee may be gone all together.
Speaker 2 (18:28):
Which is the most interesting point of all.
Speaker 1 (18:31):
Reuters, for example, they recently reported that RAN no longer
has a quote single undisputed clerical arbiter at the top
of the system, and that wartime power has consolidated around
the IRGC commanders and the Supreme National Security Council. In
(18:51):
other words, what Reuters is saying is, instead of one
man calling the shots, you may now have a committee
style power structure. It's dominated by multiple generals and multiple
security officials. Now that is where the uncertainty becomes enormous.
When countries have unclear chain of commands, you've got a
(19:13):
problem with decision making and slowdowns. You have confusion over
what decision may have even been made, and then you
have miscalculations that become more likely within the government, especially
then when it's dealing with a foreign power like the
United States of America or Israel. And we're already seeing
major signs of that, especially over the last week. One
(19:34):
report quote officials saying that negotiations.
Speaker 2 (19:37):
With Iran now take days longer.
Speaker 1 (19:40):
Because there doesn't appear to be one single authority that
is capable of giving any answers immediately. That's impossible. So
that's where the danger comes in. And this is why
you may be asking yourself the question, why is President
Trump seeming so calm when dealing with the Iranians.
Speaker 2 (19:59):
Well, look at the other side of this.
Speaker 1 (20:02):
We're talking about nuclear negotiations, We're talking about negotiations on
the straight of war moves as is, there's also a
tax happening on ships in the Strait. You're talking about
dealing with military and militia proxies. You're talking about missile
strikes and potential military escalation with the United States of
America or Israel. So that also becomes another question. Who
(20:26):
in Iran is giving the final order? Is it the
IRGC commander, is the Supreme National Security Council is a
coalition of hardline generals? And the answer appears to be
this all of the above. And that's why intelligence agencies
around the world right now are not only watching Iran closely,
(20:46):
but they're also trying to figure out who's really calling
the shots because historically authoritarian systems often become unstable, especially
during leadership transitions. You got the power struggles happening behind
closed doors. You then have very different factions competing for influence.
You have military leaders that begin assessing and asserting themselves
(21:10):
into places where they normally wouldn't do so, trying to
gain power. And in Iran's case, you also have ideology.
And then you've got religion and military power, all of
them colliding exactly at the same time. That is abnormal
for Iran. Some analysts now say Iran has shifted from
a clerical dictatorship to what amounts to a military security state.
(21:36):
One expert described it this way, saying, quote, we've gone
from divine power to hard power, and that's a massive
transformation for any country, especially Iran, because for decades, Iran's
legitimacy came from religious authority, the iatolis. But now, according
(21:56):
to reports, the generals may be running the show while
the clerics provide symbolic legitimacy at best. And that matters
because military regimes often behave very differently than religious ones.
Military leaders tend to prioritize survival and then deterrence and
then power projection, and they can also be more aggressive
(22:20):
because compromise may be viewed also as weakness if you're
wearing a uniform. And that's why some experts believe now
that Iran can become even more confrontational in the months
or weeks or days ahead, especially on nuclear issues and
regional military operations that can include attax on their neighbors,
(22:41):
including Israel. Now, at the same time, Iran still is
maintaining the appearance of a civilian government. Technically, there is
still a president right now. Technically there's still a parliament
right now, there are still ministers, and there's still diplomats,
but less agree. These institutions only operate within limits set
(23:05):
by the security that's been established by the Supreme Leader's office.
So when Americans hear statements from Iran's president or foreign minister,
just remember it's important to understand that you may not
actually be listening to the ultimate decision.
Speaker 2 (23:21):
Maker at all.
Speaker 1 (23:23):
The real authority is probably sitting inside of a military
bunker somewhere where the IRGC commanders can basically dictate because
they have the true power to do, in essence, whatever
the hell they want in Iran. Right now, President Donald Trump,
he is very concerned about the midterm elections, and it's
(23:44):
clear that he's trying to be president of the United
States of America, but he also understands that if he
doesn't turn into Donald Trump the campaigner right now, that
we could have major problems come November. Now, President Trump
is making it very clear that the Republicans better get
their act together, saying that the midterm elections are not
(24:05):
just another political fight, but in his words, they are
make or break for his presidency, his agenda in the
future direction of the country. We also are learning now
that behind closed doors, it's also getting really intense. Trump
has been warning Republicans that if they lose control of Congress,
(24:26):
Democrats will immediately move to cripple's second term with investigation, subpoenas,
and potentially even another impeachment effort. Democrats have said they're
actually willing to go further than Donald Trump and impede
the Vice President j d Vance and also go after
and try to impeach cabinet members as well. There was
a House Republican retreat that happened earlier this year. Trump
(24:50):
bluntly told the lawmakers, you gotta win the midterms, and
he warned that if Republicans lose, they'll find a reason
to impeach me. Now, whether you love President Trump or
hate him, there's no denying the political reality behind what
he's saying.
Speaker 2 (25:06):
This is a party, and I'm talking.
Speaker 1 (25:08):
About the Democratic Party that's made it clear they are
going to weaponize government to subpoena and to destroy anyone
that is around Donald Trump. Why because that's all they
have to run on. They hate Donald Trump and it
seems to make their base want to show up to vote.
The White House knows that if Democrats retake the House,
(25:30):
the next two years will turn into non stop political warfare.
And it's exactly what they did back in twenty sixteen,
twenty eighteen, and really every year even when Joe Biden
was in office. There will be committee investigations. They will
explode overnight. I'm quoting Democrats. They've already said that hearings
will dominate cable news. It's not a legitimate agenda for America.
(25:54):
It's a legitimate agenda destroy the presidency of the United
States of America. And that's why Donald Trump has been
aggressively pressuring Republicans to unify around a simple message. We
secure the border, We strengthen the economy, we lower prices,
we restore law and order, and you compare that to
(26:15):
the radical Democrat chaos.
Speaker 2 (26:17):
Now.
Speaker 1 (26:17):
The President also saying this about the midterms at the
White House earlier, and.
Speaker 3 (26:23):
Then I said, yeah, he's a dumb guy. And then
I said he's a Democrat.
Speaker 2 (26:26):
And I don't know.
Speaker 3 (26:26):
If people are gonna like that term or not. It
maybe catches on and maybe it doesn't, but it's true
that policies are insane and they would drive our country
into ruin. And we've got to do great in the midterms,
and if we don't, they will do everything they can
to destroy our country. There's something wrong with them. The
flow of deadly fenonel across our border is down, by
(26:47):
the way by over sixty percent, which is a record
nobody ever thought it was even possible, And coming in
by sea, it's down by ninety seven percent. And again
we're trying to find the three percent because we can
incided them to be among the bravest people anywhere in
the world. Anybody willing to get into one of those
votes after what they've witnessed, we would consider them to
(27:08):
be among the bravest in the world. These gains have
been the result. And what a job our military and
others are doing.
Speaker 2 (27:16):
With respect is.
Speaker 3 (27:17):
That right, Paul? With respect to drugs coming in by sea,
meaning drugs coming in by water, by the ocean, by
the say, a lot of people don't know what I
mean by sea.
Speaker 1 (27:26):
President Trump talking at the White House and again making
it clear the control of the House is literally going
to come down to just a handful of districts in
states like Arizona, Pennsylvania, Georgia, Michigan, Nevada, Wisconsin, the swing states.
In many of those races, President Warrens will be decided
(27:46):
by suburban swing voters who have bounced back and forth
between Republican candidates and Democratic candets over the last several
election cycles. Trump is also facing another challenge presidents are
always encounter in the midterms. There is a voter complacency.
The team that's in charge usually they stay home because
(28:07):
they feel like everything's fine, and the team that hates
the leadership in Washington, they show up. They're focused, they're angry,
and they want to get rid of conservatives. When your
side wins the White House, some supporters actually, well, they relax,
right the opposition is energized and as we know from
the Democratic leaders, they're angry now. Democrats are already organizing
(28:31):
around abortion rights, healthcare costs, and accusations, of course, that
Trump is abusing his executive power. Republicans now fear that
there's a real enthusiasm gap. I'm one of those, and
that's why Donald Trump is making it very clear he
may not be on the ballot come November, but his
(28:52):
agenda certainly is. He's essentially telling Republicans, if you want
this presidency to succeed, you have to treat the midterms
like a presidential election. And behind the scenes, the stakes
are enormous. Trump's entire legislative agenda depends on Congress. We're
talking about things that matter to everyday Americans, the most
(29:16):
incredible tax cuts of our lifetime, energy independence and expansion
in the US, immigration reform, judicial appointments, which have been
phenomenal for President Trump. Budget fights, yes, the President saying
we're spending too much money, getting rid of waste fraud
and of use and military spending, which Democrats always hate.
(29:38):
You even have the fight over the Save Act, electional
law changes. All of it becomes dramatically harder if Democrats
regain power in many ways. Donald Trump is now saying
the twenty twenty six is literally the firewall protecting the
rest of his presidency. And there's another major factor here
(30:00):
as well. Republicans like to stay home when they're in
power historically, and what the President is saying is the
Democrats aren't going to stay home, so you shouldn't either.
Make sure you share this podcast with your family and friends,
put it up on social media wherever you are, and
we appreciate you listening every day.
Speaker 2 (30:19):
We'll see you back here tomorrow.
Host
Ben Ferguson
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