March 3, 2026 • 42 mins
President Trump has led a series of aggressive military actions against Iran. The Supreme Leader is no longer. Many questions remain. What are the facts of the situation and where is this all going? Jesse Kelly breaks it all down alongside Lee Smith and John Carney. Plus, a tough conversation about threats to the homeland.
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Episode Transcript
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Speaker 1 (00:02):
Okay, let's have a talk about Iran. John Karney is
going to join us discuss the economic stakes of this.
I'm sure Lee Smith has many strong feelings all that
and more coming up, and I'm right, all right. So
(00:26):
it's been forty eight hours now of all this Iran
stuff going on, and I'm sure you've experienced the exact
same thing I experienced for the last forty eight hours.
Here's something for you for I think, like ten hours yesterday,
I just shut my phone off and put it in
a drawer because every single person with my phone number
(00:46):
is texting me, what do you think? What do you think?
What do you think? Well, here's what I think of
a bit. Okay, So I decided I wanted to wait
until now to lay it all out and let me
explain why to everything else in a moment. There is
an old, old quote, and I'll be honest with you.
I spent some time trying to track down who said it.
The quotes's attributed to about a thousand different people, So
(01:08):
who cares who said it? It is truth or it
is true. In war, the first casualty is the truth.
This is not unique to the modern era. This is
not unique to the cell phone era of social media,
things like that, since war has begun, everyone lies when
(01:29):
it begins, and there are so many different reasons for
the lies. You want to cover things up for the enemy,
you don't want to let them know what you're doing.
You want your own people to feel better about things,
you want the enemy to feel worse about things. There
are all kinds of reasons for it. But whenever any
kind of war has kicked off, everybody is lying at
(01:52):
all times. The side you're rooting for is lying, the
side you're rooting against is lying. They're lying for different
reasons that everybody is lying about everything at all times.
So let me before we get into everything Trump's statement
and my thoughts on all this, let me go ahead
and open up with this. Just calm down. You don't
(02:13):
have to go online and believe every video or picture.
There will be so much bad information floating around out there.
You don't have to go online and vomit out every
single feeling. You can. Obviously, you're your own person. You're
free to do. So you can sit back and watch
and wait, and may I suggest pray. These are dangerous times.
(02:39):
All times are dangerous times. But it's a little spicy
out there. Now for the updates. Here's what Donald Trump.
Donald Trump got up today. I would highly recommend you
watch all eight minutes of it. I'm not going to
play you all eight minutes here, but Donald Trump today
got up and announced the attack.
Speaker 2 (02:56):
Our objective is to defend the American people by elimin
eminent threats from the Iranian regime, a vicious group of
very hard, terrible people. It's menacing activities directly in danger
the United States, our troops, our bases overseas, and our
(03:17):
allies throughout the world. For forty seven years, the Iranian
regime has chanted death to America and waged an unending
campaign of bloodshed and mass murder, targeting the United States,
our troops, and the innocent people in many, many countries.
It has always been the policy of the United States,
(03:39):
in particular my administration, that this terrorist regime can never
have a nuclear weapon. I'll say it again, they can
never have a nuclear weapon. They've rejected every opportunity to
renounce their nuclear ambitions, and we can't take it anymore.
Speaker 1 (04:01):
Okay, we are tired of this regime. Forty seven years,
they're chanting death to America. They're killing our troops. It's
time to take them out. Also, we have to take
out their nuclear weapons. It's what he said. Here is
what he said about objectives. And I think this part
(04:23):
is particularly important because, like I said, I spent the
weekend not drowning in social media videos on my phone
and vomiting out my feelings, just trying to talk to people.
Went out to dinner with some people, just had talking
to people. What do people think? I got a lot
of different perspectives on how normal people are feeling about this.
(04:45):
I got a lot of rah, rah, let's kill them
all that God sort them out. I got a lot
of Hey, I'm cautious. I got a lot of I'm
not really sure why. In fact, I had many people
ask me why are we why and not even critic
they just wanted to know why. All right, Well, here's
the commander in chief talking about the objectives. What are
(05:07):
we trying to do? Here?
Speaker 2 (05:09):
Objectives are clear. First, we're destroying orens missile capabilities and
you see that happening on an hourly basis, and their
capacity to produce brand new ones and pretty good ones
they make. Second, we're annihilating their navy. We've knocked out
already ten ships. They're at the bottom of the sea. Third,
(05:30):
we're ensuring that the world's number one sponsor of terra
can never obtain a nuclear weapon. Never going to have
a nuclear weapon. I said that from the beginning, they're
never going to have a nuclear weapon. They were in
the road to getting one legitimately through a deal that
was signed foolishly by our country. And finally, we're ensuring
(05:54):
that the Iranian regime cannot continue to arm fund and
direct terrorists are armies outside of their borders. And we
thought we had a deal, but then they backed out,
and they came back, and we thought we had a deal,
and they backed out. I said, you can't deal with
these people. You got to do it the right way.
Speaker 1 (06:15):
Okay, Now let's fast forward to the losses already. Let's
do keep this in mind. This is why we also
need to pray. There have already been losses. We've already
had young people who serve in our military. Their families
maybe as we speak, are getting the knock on the
(06:36):
door that every family was someone serving dreads. He was
Donald Trump talking about it.
Speaker 2 (06:42):
US military service members have been killed in action. As
one nation, we grieve for the true American patriots who
have made the ultimate sacrifice for our nation, even as
we continue the righteous mission for which they gave their lives.
We pray for the full recovery of the wounded and
(07:05):
send our immense love and eternal gratitude to the families
of the fallen. And sadly, there will likely be more
before it ends. That's the way. It is likely be more.
But will do everything possible where that won't be the case.
(07:25):
But America will avenge their deaths and deliver the most
punishing blow to the terrorists who have waged war against
basically civilization.
Speaker 1 (07:38):
Right, Please say a prayer for those families, the ones
we've already lost, that the ones to come, they need
to be covered in your prayer. Their unimaginable anguish now
the Trump administration, they are well aware of the criticisms
of past American foreign policy had a problem in this country,
(08:01):
a bad problem. Fifty years. We've had this problem war
since Vietnam. We've had this problem where we get mired
in places without crystal clear objectives and then we can't
seem to get out. It's easy to drop a couple bombs,
It's easy you start intertwining yourself in a region. Maybe
(08:25):
even you started out with the right idea, it's just
difficult for a variety of reasons to get out. The
Trump administration is very clearly aware of this. Secretary of
War Pete Hegseth got up today tried to assure the
American people that would not be the case.
Speaker 3 (08:42):
Here to the media outlets and political left screaming endless wars, stop,
this is not a wreck. This is not endless.
Speaker 4 (08:52):
I was there for both.
Speaker 3 (08:55):
Our generation knows better, and so does this president.
Speaker 4 (08:59):
He called the last.
Speaker 3 (08:59):
Two years of nation building wars dumb, and he's right.
Speaker 4 (09:04):
This is the opposite.
Speaker 3 (09:07):
This operation is a clear, devastating, decisive mission. Destroy the
missile threat, destroy the navy, no nukes. Turns out, the
regime who chanted death to America and death to Israel
was gifted death from America and death from Israel. This
(09:27):
is not a so called regime change war, but the
regime sure did change and the world is better off
for it.
Speaker 1 (09:39):
Okay, now, maybe you've already picked up on my tone
from now, but here's where I stand on all this.
First of all, it's okay, however you feel about it.
Maybe you rightfully know that Iran has been an evil
regime killing peace people for a very long time, and
(10:01):
maybe you think, good, screw them, kill them all. They've
got it coming. Totally understandable. Maybe you are quite jaded
on American form policy, America getting involved in places that
don't necessarily seem to be for America. Again, all completely understandable.
All these things are understandable. Here's where I stand on
(10:24):
the whole thing. Any population of any country at any
point in history, here's what the regime in charge knows,
or at least should know, and the Trump administration at
least appears to know this. Depending on the circumstances of
the country at the time war is kicked off, there
(10:47):
is always a finite amount of tolerance the public will
have for it. And it's gonna do. Like I said,
it depends on a variety of circumstances, the end, the enemy,
what the economy is like. There's a million different factors
that play into that. But one thing it is not
up for debate. The public's tolerance for this kind of
(11:09):
thing is always finite. Even in World War Two, which
obviously America were very very proud of and we should
be very very proud of it. By the time we
got to Ewojima in World War Two, the administration, the
presidential administration, they were mortified by the casualties coming out
of Ewogima. Not just because of the brave men losing
(11:30):
their lives. They were reading the polling numbers. The American
public they were about over it. Now. This is after
the whole country was mad about Pearl Harbor just a
few years later. They were done watching body bangs. No
matter the circumstance, the public's tolerance for this is finite.
So you get an operation like Venezuela almost sounds like
(11:54):
Sacario Part three. We send in Delta Force into downtown
Venezuela and we snatch up the present it and his wife.
We don't lose a single man. Sounds good. Everybody's on board.
You send the Mexicans in to take out Amento Navy
seals did the training. Sounds good, Everyone's on board. You
(12:18):
launch what is obviously a regime change war. You can't
say it's not when you took out their leaders. You
launch a regime change war on the other side of
the world with domestic enemies who will exploit every American casualty.
As you know, they will we're on a clock. I'm
(12:40):
sure the Trump administration knows this, but we are most
definitely on a clock. If you and I by the
time we meet a week from now on, I'm right,
don't get me wrong, I'll be back tomorrow. If you
and I are talking about what we did in Iran
last week, as in, we're already done, the bombs of
trop dropped, the true are on their way home, minimal
(13:02):
loss of life from here on out. Then the Trump
administration they are politically going to get away with this
because the public will simply forgive, forget, and they'll move on.
I don't know about forget, but the public will forget
and they'll move on. If, however, we do get bogged down,
and you can make all the promises in the world
four weeks, five weeks, hopefully sooner. But you can make
(13:22):
all the promises in the world, but every administration in
the past has made those promises, and none of them
have turned out to be true. You make all the
promises in the world, But if a month from now,
two months from now, we're still waking up every morning,
and there might be on our phones. We're still waking
up every morning, and we see another American has died,
and the objectives aren't crystal clear, and people still have
(13:43):
record credit card debt. The Trump administration is going to
see the public turn against them very very very quickly.
Some of that is just intolerance based on the last
fifty years of experience in a May American form policy. Essentially,
what I'm saying is, I am very very cautious. I
(14:05):
am watching, I am praying, I am hoping, I'm very hesitant,
I'm very cautious right now the Trump administration, I'm hoping
they're did just doing what they think is right. And
I suppose that is the case. They are playing an
extremely dangerous game right now, a very very dangerous game,
a game that could very well see communists come back
(14:26):
to power in the United States of America. I hope
they understand that. Fully. Let's pray for the safety of
our troops. Let's pray for swift victory. We are in
it now. I'll be with you. I'll be honest with
you every step of the way. Watch, listen, and pray.
(14:46):
All right, all that may have made you uncomfortable, but
I am right now. Lee Smith, I am sure has
been dancing on the rooftops since Iran got bombed to smithereens.
So let's get from his perspective what all this is about,
why it's important. Let's hear that from Lee joining before
(15:08):
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(16:21):
So I'm sure Lee Smith has been smiling. I'm sure
the edges of his mouth have been touching his ears
all weekend long. The Ayahtola is dead Iran, at least
the current regime appears to be on its heels. So
let's find out who did what gear This is obviously
a joint operation between America, is real, I mean, everybody, UAE,
(16:41):
Saudi Arabia, everyone's getting in on the party here. Lee Smith,
author of wonderful books, including The Strong Horse.
Speaker 4 (16:49):
We'll talk about.
Speaker 1 (16:50):
Many things with Lee. First of all, Lee, the Ayahtola
is dead.
Speaker 4 (16:55):
How did this happen?
Speaker 1 (16:56):
And who killed him?
Speaker 5 (16:58):
Well, it looks like it was a joint op operation
or the United States Armed Forces and the Israeli Defense Forces.
There's reports out now that it was actually the SURPRISINGLY
because the Israelis are world renowned for their human intelligence.
But appears that the CIA had the source that was
following Kmene Kmene. I mean, the Mosade had a lot
(17:22):
of other people lined up who worked for the formerly
supreme leader. But it was the United States that was
apparently reportedly responsible for following and tagging Kramenne himself.
Speaker 1 (17:38):
Okay, where was he? How did we get him? How
this thing go down?
Speaker 5 (17:43):
I mean, I think that one of the reasons that
they left at the opportunity was the fact that Hamene
was meeting with top officials, and both the Americans and
the Israelis figured, this is a fantastic opportunity to get
a whole bunch of guys, a whole bunch of bad guys.
At the same time, we art will use fewer munitions
than we normally will to get ten, ten, twelve, fifteen,
(18:06):
twenty of these guys. So let's go after them now.
And you know, I have to say, Jesse, you started
off by saying that I've been smiling from here to Yeah,
I mean, I have to say, I'm I'm gratified that
the President of the United States has made good on
something he's been talking about virtually since the nineteen seventy
nine takeover the US embassy in Tehran. And I think
I think it's a very important moment for Americans. It's
(18:31):
part of our history. That chapter of our history is
now closed. And this also helps it insures our piece,
or further further insures our piece and advances our prosperity.
So I think it's an all around excellent thing.
Speaker 1 (18:47):
Okay, let's talk about where we're going from here. It's
one thing to cheer about the Ayatola being dead. It's
another thing entirely to rebuild a government in a country
over there. We're we going. How long is it going
to take to get there? What? What are the actual objectives?
Things are a little vague.
Speaker 5 (19:06):
I think it's unlikely that we're going to spend an
awful lot of time nation building in Iran. I think
right now the you know, you've heard the President say, well,
you know, some of the second third choices for leadership,
they're all dead. So I think right now the plan
is is to knock out as much of the regime
as possible, knock out as much of the IRGC as possible,
and then if the Iranian opposition wants to take power,
(19:29):
then they're going to They're they're going to have to
go out into the street again.
Speaker 1 (19:33):
Uh.
Speaker 5 (19:33):
You know, this is what the President said Saturday morning
after the strikes. So I think that the administration is
going to look and see what plays out. They're going
to be following it very closely. No doubt, there's going
to be a whole bunch of people talking, talking to
the White House, talking to the State Department, talking to
the Pentagon, talking to the CIA, trying to throw their
hat in the ring whether the United States will be
(19:54):
the the final arbiter of who rules Iran. That's that
I find that unlikely. This is going to be figured
out on the streets of Iran. This is going to
be figured out in lots of different places, and the
White House is certainly going to be watching it. But again,
I think that one thing we can be certain we're
not looking at, and that is a multi year commitment
(20:15):
with not only Pentagon officials on the ground, but State
Department officials on the ground and NNGO workers as well,
trying to teach Iranians what surrealist art is all about,
and trying to explain Marcel Duchamp and what the urinal
looks like.
Speaker 4 (20:33):
Pretty sure, that's.
Speaker 1 (20:37):
Okay, good for that? All right? Do we have some
idea of who we want this person to be? Lee?
There has to be someone in mind. I have a
hard time believe in the Trump administration would just wipe
out the leadership without at least a horse or two.
Is there someone we like?
Speaker 5 (20:55):
Well, I mean, this is what Trump said, he was
looking at a couple of different people.
Speaker 4 (20:59):
As you know, he.
Speaker 5 (21:00):
Joked about it. He joked about it today saying, well,
you know there's a job opening. He said, Look, even
even in Iran, I'm creating jobs. So noa look there
that the issue is this, and this is a very
significant issue, and I'm certain the White House was aware
of this. It's an IRGC regime. So even when we're
talking about eliminating the top, the I a tool, and
(21:23):
we're talking about eliminating all a whole cohort of Malla's,
the IRGC is everywhere throughout Iran's economy, throughout the Aranian society.
So again it's going to be I imagine what's going
to happen is there's going to be some sort of fight,
some sort of split in the IRGC. Someone's going to
take the reins in their hands. And and I hope
(21:45):
that the I hope the United States doesn't move until.
Speaker 4 (21:49):
That's figured out.
Speaker 5 (21:50):
The administration has already made its point. If you build
nuclear weapons when we tell you not to, and if
you target Americans, if you target our allies, We're going
to bomb you. If you do it, We're going to
do it again. This is the point that Trump made
in June. He said, if they keep rebuilding that nuclear
weapons facilities. I'll bomb them again, and sure enough he
did so. Well, Donald Trump is in office. Whoever takes
(22:12):
charge of Iran, or whatever factions, whatever cadris take charge,
they can be sure that Donald Trump is a man
of his word.
Speaker 1 (22:20):
Lee, talk to me about this nuclear program in Iran.
Why wouldn't they just let it go? I mean, you
do have other resources in the country. That program is
the source of so many sanctions they get levied on
the Iranian regime, even near if you're a bunch of
evil Islamis scumbags, why not just let the nuclear program
go and do other stuff.
Speaker 4 (22:41):
Well, let's go back a little bit.
Speaker 5 (22:43):
I mean, it's always been an important American interest since
the development of the nuclear bomb. It's been one of
the major national security points in the United States has
been to stop proliferation. We've done that with allies and
we were able to The United States wasn't happy when
(23:03):
the Israeli has got a nuclear weapon. We prevented the
Taiwanese from getting a nuclear weapon, and other actors also,
we don't want other players to get a nuclear weapon.
This all changed with Barack Obama. When Barack Obama made
a deal with a terror state to legalize their nuclear
weapons program. That was a very, very bad thing as
(23:25):
far as the Trump administration going in and saying, yeah,
you know, we're going to cut you a brake, we'll
give you nuclear fuel forever, do this or that, and
the Uranians said no. Look, frankly, the Islamic Republic, such
as it was, had a point. It's very hard to
go in there and tell a regime. Look, by the way,
you have no say over your allies, meaning your proxies,
(23:48):
even though they're terrorists. You have no say over your
self defense, meaning your nuclear weapons program. It's a violation
of their sovereignty. So the Islamic Republic wasn't necessarily wrong
to say no, we're not going to do it. It
looks nuts in hindsight, but they had a point. It's
their national sovereignty at stick. The problem with Iran is
the problem with that regime was they're insane, so they
(24:12):
cannot allowed to be have They cannot be allowed to
have the different things they said they wanted to have,
which is terror proxies in Lebanon isbela Hamas the Huthis,
as well as a nuclear weapons program that would provide
an umbrella for these terror proxies to operate as well
as the regime itself. So again, the fact that the
(24:35):
Iranians put their foot down is not that strange. The
big problem was is that the United States, as the
responsible world power, not as the world's policeman, but as
the responsible world's power that's able to do something about
keeping the world free of lunatics, was the United States
has ruled It was Donald Trump's role in particular, not
(24:55):
any American policymaker. Donald Trump is the first one, the
only one who stood up in did something. He said,
this can't be allowed to happen. And let's remember how
long Donald Trump has been saying this, right since at
least is two thousand book The America We Deserve talking
about the problems with Iran's nuclear problem. He set it
on campaign three times on all of his three different
(25:18):
presidential campaigns, and Jesse maybe you've seen videos circulating today
on social media about Donald Trump speaking in nineteen eighty
how terrible it was that the Iranians took over the
embassy and held Americans hostage for was it four hundred
and forty four days? So this has been on Donald
Trump's mind for a very long time. And we are
(25:38):
truly blessed as Americans that Donald Trump is our president
and he took care of not just an outstanding blood debt,
but he also moved to keep Americans safe and prosperous.
God bless him.
Speaker 1 (25:57):
Lee, thank you, my brother come back. So all right, Well,
it almost seems vulgar when people were dying, when Americans
are dying, to discuss the economics of it. But I
want to know what this means for your wallet, for
my wallet? What does it mean here at home? They're
closing the strait of horror, moves, all these things. What
(26:19):
do those things mean? John Carney's going to join us
in a moment. We'll go over some of those things
before we do that. Let's do this. Everybody's waving an
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We'll be back, Okay. So that's all the political angles
(27:28):
of it in Iran and American and pro and God.
But we have other fish to fry here. We have
record national debt, record credit card debt, and we don't
need all this impacting your wallet or mine. Let's talk
to John Carney about all that. Economics and Finance editor
with the wonderful Bright Bart, John Carney. Okay, John, Obviously,
all wars, it's a global economy, are going to have
(27:50):
economic ramifications of some kind. Doing the best crystal ball
prediction you can. What's all this going to mean for
me money?
Speaker 4 (28:01):
So yeah, first of all, I hate having to talk
about this because of course, you know, what happens in
war is a lot more important than what happens to
our wallets, but it does matter. So what we're going
to see is a immediate move up in oil prices,
natural gas prices. This will mean higher gasoline prices and
(28:23):
higher electricity prices. It will be a drag on the economy,
but I don't think it will be inflationary, So I
don't think that we're going to see prices around the economy.
Other things start to move up, we will see a
drag from Frankly, the straight of her moves will be
(28:44):
at least for some time constrained, if not shut down.
We are seeing already refineries and processing plants through all
around the Persian Gulf be damaged by the Iranian retaliation.
So we're going to see some economic costs. It'll mostly
(29:06):
show up at the gas pump, but probably not for
very long. If this goes as planned it we probably
will see some move up. But we have oil now
from Venezuela. Our allies in the Gulf are saying they
are going to pump more oil. The US is itself
a giant oil producing machine, and natural gas of course
(29:31):
as well. So we are no longer exposed to you know,
when I was young, and there would be you know,
a minor political uproar in much less a war in
the Persian Gulf, oil would shoot to the moon. I
don't think that's going to happen this time. I don't
think we're going to see one hundred dollars, one hundred
and twenty five, one hundred and fifty dollars barrel of
(29:53):
the oil that we're going to see more like eighty
dollars barrel of oil, and even that for just a
short time.
Speaker 1 (30:01):
All right, John, let's rewind here and I'm going to
ask you to do something which is difficult for people
to do. I'm going to ask you to take your
IQ and cut it in half, if you would. Straight
of horror moves for so many people. I was trying
to explain this to my son this weekend. What is it?
Where is it? Why is it important? Why did you
even reference it? It seems like it's really far away.
(30:23):
I need you to do me a one to oh
one on this strait and just go ahead and take
the whole show over.
Speaker 4 (30:29):
Absolutely so. It is a narrow body of water that
basically separates the Persian Gulf from the Indian Ocean, but
really from the rest of the world. So a lot
of the world's oil comes from areas around the person Gulf.
It gets loaded onto tankers, it has to go through
a narrow strip of water called the strait of her
(30:49):
moves think of it and in some ways, like I
use this on my children who are learning us history,
that it is kind of the eerie canal of oil.
It is the thing that brings oil from where it
originates to the rest of the world, and it is
very important to global oil supplies. However, it is not
(31:11):
as important as it used to be. It used to
be absolutely crucial. It's a lot less important now. We
also have the ability that we didn't have before through
drone technology, to really actually make it much harder for anyone,
especially Iran, to try to cut off this, you know,
(31:31):
to mine it, to to put annoying ships on it.
We can blow up any you know, any major naval
ship that enters the straight up removes and tries to
mess with us. The real problem is actually more like
something close to piracy, where you have either mines placed
in the strait or you know, small attack ships attacking
(31:52):
the tankers that will make the tankers. You know, these
aren't combat tankers. These are you know, ships full of seamen,
merchant marines. They don't want to end up in a war,
and so getting them through there is very important. But
I think we have the military and technological capacity to
keep that from being cut off for any long period
(32:13):
of time.
Speaker 1 (32:16):
Okay, let's go to Venezuela because you mentioned Venezuela. It's
hard not to make a connection that Venezuela became kind
of kind of hours in a way, about five minutes
before we started bombing Iran. Tell me about it.
Speaker 4 (32:31):
Yeah, so this is really important. Venezuela was part of
I'll call it like the dark oil powers of the world.
It's basically Venezuela and Iran that were one a huge
supplier to China, but two we're not suppliers to the
rest of the world. Venezuelan oil was highly sanctioned, and
(32:54):
so it really wasn't feeding into the global oil prices,
and production was way down from where it could be.
We are bringing Venezuela back online and so and advantages
over the medium to long term. Whatever happens in Iran
will matter a lot less now that the world has
access to Venezuelan oil.
Speaker 1 (33:16):
Once again, John, tell me about refining, because this is
a conversation you've had before. Again, this is another one
of those things that people get confused on. So we
don't teach anybody anything in school anymore. It's one thing
to pull oil out of the ground. It's another thing
entirely to have oil be usable for people, You have
to refine it. Where are we refining all this oil?
(33:39):
Venezuelan oil, which from what I understand is filthy, dirty
American oil. I know we lost a lot of our
refining capacity. Where is it being refined now? Is that
in trouble at all?
Speaker 4 (33:49):
Well, so the Venezuelan and American oil is not in
trouble because it gets refined. Actually, in US we're really good.
Actually we have refineries built to be able to refine
Venezuelan oil. We will be really good at that. The
big threat is really Iranian missiles destroying the refineries in
the Middle East. That really does need to be refined
(34:12):
out in that area because it is a different refining
process oil. There's lots of different grades of oil. Some
of it is is easier to turn into gasoline, some
of it is more completed, but you can't.
Speaker 1 (34:27):
You don't.
Speaker 4 (34:28):
Just like it's when we go to the gas station
and we have like three grades of gasoline and you
can plug any one of them into your car. By
the way, you should probably always choose the cheaper one.
The other ones are your Your new cars don't need
the high grade gasoline. But but it's not like that.
You can't just press a button and pump whatever oil
(34:49):
you need, the right kind of oil in the right refinery.
The risk is if Iranian missiles destroy refineries, which by
the way, they're not yet. They have shut down some refineries,
but that's more of, from what I'm told, a cautionary measure.
As the places are being attacked, they're still going to
be operational again. But the danger is if those things
(35:10):
get shut down for a long time, then it will
be harder to Even if you know the Saudis are
pumping oil out of the ground, it gets harder to
make it useful to the rest of the world if
the refining capabilities are destroyed.
Speaker 1 (35:27):
John, let's talk about China. I've heard a lot of
chatter about what we did in Venezuela and what we're
doing in Iran is really putting China in a bad spot.
Is that true? And if so, why what's going on?
Speaker 4 (35:40):
Yeah, China is heavily dependent on imported energy. They need oil,
they were getting it from I ran in Venezuela. Not
being able, not being able to get it from I
Ran in Venezuela. Really puts them in a much more
precarious spot economically. But look, they're not going to cut
China off of oil like that's not anybody's plan. But
(36:04):
what it means is if China were to do something
militarily aggressive invade Taiwan, they would be a lot more
vulnerable if they cannot get out of his regimes in
Venezuela and Iran. We are making that much more difficult.
We've made it impossible. They're not getting the oil in
a conflict out of Venezuela. They could buy it at
(36:26):
market prices today. That's fine, and the same thing with Iran. Hopefully,
when this all comes to a conclusion, they will no
longer have a client state in Iran that will be
you know, sort of their oil well anymore, and that
will make them much more hesitant to be able to
prosecute any military attacks on any of their neighbors.
Speaker 1 (36:50):
Okay, that leads me to Russia. Why don't they just
go buy it from the Ruskies?
Speaker 4 (36:56):
You know they can't. They can buy oil from the
Russian but China has a disincentive to be too dependent
on the Russians, partly just out of history.
Speaker 1 (37:07):
They don't like.
Speaker 4 (37:08):
They didn't like the time period in which their economy
was very dependent on the Soviet economy, even when they
were both communists. They actually really felt uncomfortable being so
dependent on their wealthier, on their then wealthier Soviet neighbors.
They don't want to be dependent on Russia again, in
part because Putin won't always be in charge, or they
(37:29):
don't know the future of Russia. But also they just
want to be able to not have to look to
Russia for permission to do things around the world, where
if they're heavily dependent on Russia they would be. So
I think China looks at it and says, we'd rather
not be dependent on Russia. They're probably increasingly are going
to be dependent on Russia if they get cut off
(37:51):
of Iran. They've already been cut off of Venezuela.
Speaker 1 (37:55):
John, thank you, my man. I appreciate you. All Right,
we're gonna talk about something that I believe we should
be focusing on hard, and we found out another reason
we should be focusing hard on it. Over the weekend, terrible,
terrible case out of Austin, Texas. We're going to talk
about immigration, the foreigners we have here. Before we get
(38:19):
to that, let's talk about this sleeping. It's just when
you have a good night's sleep, you are in every
way a completely different person than when you have a
bad one, At least I am. Maybe when you were younger,
you'd get away with that. But man, if you run
(38:39):
into me and I've had five hours of sleep, it's
not the same. Jesse is who gets eight hours of sleep?
Just not. But what do you do? Whether it's everything
you take to sleep makes you feel groggy when you
wake up, you don't feel rested except for dream powder
from Beam. That's why you need natural things. Dreampowder from Beam.
(39:00):
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sleep like an itty bitty baby. Try it Shopbeam dot com,
slash Jesse Kelly, Natural Ingredients, natural sleep, waking up every
(39:21):
day feeling great.
Speaker 4 (39:23):
We'll be back.
Speaker 1 (39:33):
Okay. So as you know, I like to stay focused
here at home, and I'll give you a heads up
right now We've already discussed it as a show. This
is not going to become war correspondent show where every
day we're giving you updates on what's going on in Iran.
I care about America. That is my focus. It's always
been my focus. I care about what's going on here.
(39:55):
But look, we have a problem here and it's already
hitting us here at home. Over the weekend, there was
a horrible story. You know what. I was going to
show you a video. I didn't even want to show
you a video that There was a horrible story in Austin,
Texas over the weekend. My sister used to live in Austin, Texas.
I talked to her about it. There's a bar apparently,
it's a very well to do, well to do bar,
(40:18):
nice part of town, that kind of a thing, and
some Islamist apparently strolls in there and murders a few
people had a property of Allah shirt on and he
was an immigrant from Senegal, and he was a legal
immigrant from Senegal. We have way too many foreigners in
(40:43):
this country. And I'm not just talking about the illegal immigrants.
We have a country that has been flooded, overwhelmed with foreigners.
Speaker 6 (40:52):
Decade after decade after decade after decade, and it is
going to take a massive project to get the these
people out of our country.
Speaker 1 (41:03):
And now we're seeing the result of some of that.
When you fight a war across the globe, when you've
imported enough savages inside your own people die because of it.
I want the mass deportation of foreigners. That is my
focus right now. I pray to God it's the Trump
administration's focus, because that is what will actually save the
(41:27):
United States of America from ruin. Get these monsters out
of my freaking country so I can go to a
bar in Austin on Saturday without property of Allah killing
me while I'm there. All right, we need to light
in the mood next. All right, it's time to lighten
(41:55):
the mood. So here's my light in the mood. John
Cornan is losing the primary in Texas. And maybe you're
not from Texas. Maybe it doesn't matter to you. I'm
telling you right now, this matters for every single person
who complains about rhinos and the GOP and this and that.
John Cornet is an extremely powerful United States senator. If
we can defeat him in a primary, it will put
(42:17):
the rest of the losers in the GOP Senate on
notice that they can't keep screwing us time and time
and time again. If you happen to be in Texas,
Primary day is tomorrow, show up and vote. I'll see
Tomo
Okay, let's have a talk about Iran. John Karney is
going to join us discuss the economic stakes of this.
I'm sure Lee Smith has many strong feelings all that
and more coming up, and I'm right, all right. So
(00:26):
it's been forty eight hours now of all this Iran
stuff going on, and I'm sure you've experienced the exact
same thing I experienced for the last forty eight hours.
Here's something for you for I think, like ten hours yesterday,
I just shut my phone off and put it in
a drawer because every single person with my phone number
(00:46):
is texting me, what do you think? What do you think?
What do you think? Well, here's what I think of
a bit. Okay, So I decided I wanted to wait
until now to lay it all out and let me
explain why to everything else in a moment. There is
an old, old quote, and I'll be honest with you.
I spent some time trying to track down who said it.
The quotes's attributed to about a thousand different people, So
(01:08):
who cares who said it? It is truth or it
is true. In war, the first casualty is the truth.
This is not unique to the modern era. This is
not unique to the cell phone era of social media,
things like that, since war has begun, everyone lies when
(01:29):
it begins, and there are so many different reasons for
the lies. You want to cover things up for the enemy,
you don't want to let them know what you're doing.
You want your own people to feel better about things,
you want the enemy to feel worse about things. There
are all kinds of reasons for it. But whenever any
kind of war has kicked off, everybody is lying at
(01:52):
all times. The side you're rooting for is lying, the
side you're rooting against is lying. They're lying for different
reasons that everybody is lying about everything at all times.
So let me before we get into everything Trump's statement
and my thoughts on all this, let me go ahead
and open up with this. Just calm down. You don't
(02:13):
have to go online and believe every video or picture.
There will be so much bad information floating around out there.
You don't have to go online and vomit out every
single feeling. You can. Obviously, you're your own person. You're
free to do. So you can sit back and watch
and wait, and may I suggest pray. These are dangerous times.
(02:39):
All times are dangerous times. But it's a little spicy
out there. Now for the updates. Here's what Donald Trump.
Donald Trump got up today. I would highly recommend you
watch all eight minutes of it. I'm not going to
play you all eight minutes here, but Donald Trump today
got up and announced the attack.
Speaker 2 (02:56):
Our objective is to defend the American people by elimin
eminent threats from the Iranian regime, a vicious group of
very hard, terrible people. It's menacing activities directly in danger
the United States, our troops, our bases overseas, and our
(03:17):
allies throughout the world. For forty seven years, the Iranian
regime has chanted death to America and waged an unending
campaign of bloodshed and mass murder, targeting the United States,
our troops, and the innocent people in many, many countries.
It has always been the policy of the United States,
(03:39):
in particular my administration, that this terrorist regime can never
have a nuclear weapon. I'll say it again, they can
never have a nuclear weapon. They've rejected every opportunity to
renounce their nuclear ambitions, and we can't take it anymore.
Speaker 1 (04:01):
Okay, we are tired of this regime. Forty seven years,
they're chanting death to America. They're killing our troops. It's
time to take them out. Also, we have to take
out their nuclear weapons. It's what he said. Here is
what he said about objectives. And I think this part
(04:23):
is particularly important because, like I said, I spent the
weekend not drowning in social media videos on my phone
and vomiting out my feelings, just trying to talk to people.
Went out to dinner with some people, just had talking
to people. What do people think? I got a lot
of different perspectives on how normal people are feeling about this.
(04:45):
I got a lot of rah, rah, let's kill them
all that God sort them out. I got a lot
of Hey, I'm cautious. I got a lot of I'm
not really sure why. In fact, I had many people
ask me why are we why and not even critic
they just wanted to know why. All right, Well, here's
the commander in chief talking about the objectives. What are
(05:07):
we trying to do? Here?
Speaker 2 (05:09):
Objectives are clear. First, we're destroying orens missile capabilities and
you see that happening on an hourly basis, and their
capacity to produce brand new ones and pretty good ones
they make. Second, we're annihilating their navy. We've knocked out
already ten ships. They're at the bottom of the sea. Third,
(05:30):
we're ensuring that the world's number one sponsor of terra
can never obtain a nuclear weapon. Never going to have
a nuclear weapon. I said that from the beginning, they're
never going to have a nuclear weapon. They were in
the road to getting one legitimately through a deal that
was signed foolishly by our country. And finally, we're ensuring
(05:54):
that the Iranian regime cannot continue to arm fund and
direct terrorists are armies outside of their borders. And we
thought we had a deal, but then they backed out,
and they came back, and we thought we had a deal,
and they backed out. I said, you can't deal with
these people. You got to do it the right way.
Speaker 1 (06:15):
Okay, Now let's fast forward to the losses already. Let's
do keep this in mind. This is why we also
need to pray. There have already been losses. We've already
had young people who serve in our military. Their families
maybe as we speak, are getting the knock on the
(06:36):
door that every family was someone serving dreads. He was
Donald Trump talking about it.
Speaker 2 (06:42):
US military service members have been killed in action. As
one nation, we grieve for the true American patriots who
have made the ultimate sacrifice for our nation, even as
we continue the righteous mission for which they gave their lives.
We pray for the full recovery of the wounded and
(07:05):
send our immense love and eternal gratitude to the families
of the fallen. And sadly, there will likely be more
before it ends. That's the way. It is likely be more.
But will do everything possible where that won't be the case.
(07:25):
But America will avenge their deaths and deliver the most
punishing blow to the terrorists who have waged war against
basically civilization.
Speaker 1 (07:38):
Right, Please say a prayer for those families, the ones
we've already lost, that the ones to come, they need
to be covered in your prayer. Their unimaginable anguish now
the Trump administration, they are well aware of the criticisms
of past American foreign policy had a problem in this country,
(08:01):
a bad problem. Fifty years. We've had this problem war
since Vietnam. We've had this problem where we get mired
in places without crystal clear objectives and then we can't
seem to get out. It's easy to drop a couple bombs,
It's easy you start intertwining yourself in a region. Maybe
(08:25):
even you started out with the right idea, it's just
difficult for a variety of reasons to get out. The
Trump administration is very clearly aware of this. Secretary of
War Pete Hegseth got up today tried to assure the
American people that would not be the case.
Speaker 3 (08:42):
Here to the media outlets and political left screaming endless wars, stop,
this is not a wreck. This is not endless.
Speaker 4 (08:52):
I was there for both.
Speaker 3 (08:55):
Our generation knows better, and so does this president.
Speaker 4 (08:59):
He called the last.
Speaker 3 (08:59):
Two years of nation building wars dumb, and he's right.
Speaker 4 (09:04):
This is the opposite.
Speaker 3 (09:07):
This operation is a clear, devastating, decisive mission. Destroy the
missile threat, destroy the navy, no nukes. Turns out, the
regime who chanted death to America and death to Israel
was gifted death from America and death from Israel. This
(09:27):
is not a so called regime change war, but the
regime sure did change and the world is better off
for it.
Speaker 1 (09:39):
Okay, now, maybe you've already picked up on my tone
from now, but here's where I stand on all this.
First of all, it's okay, however you feel about it.
Maybe you rightfully know that Iran has been an evil
regime killing peace people for a very long time, and
(10:01):
maybe you think, good, screw them, kill them all. They've
got it coming. Totally understandable. Maybe you are quite jaded
on American form policy, America getting involved in places that
don't necessarily seem to be for America. Again, all completely understandable.
All these things are understandable. Here's where I stand on
(10:24):
the whole thing. Any population of any country at any
point in history, here's what the regime in charge knows,
or at least should know, and the Trump administration at
least appears to know this. Depending on the circumstances of
the country at the time war is kicked off, there
(10:47):
is always a finite amount of tolerance the public will
have for it. And it's gonna do. Like I said,
it depends on a variety of circumstances, the end, the enemy,
what the economy is like. There's a million different factors
that play into that. But one thing it is not
up for debate. The public's tolerance for this kind of
(11:09):
thing is always finite. Even in World War Two, which
obviously America were very very proud of and we should
be very very proud of it. By the time we
got to Ewojima in World War Two, the administration, the
presidential administration, they were mortified by the casualties coming out
of Ewogima. Not just because of the brave men losing
(11:30):
their lives. They were reading the polling numbers. The American
public they were about over it. Now. This is after
the whole country was mad about Pearl Harbor just a
few years later. They were done watching body bangs. No
matter the circumstance, the public's tolerance for this is finite.
So you get an operation like Venezuela almost sounds like
(11:54):
Sacario Part three. We send in Delta Force into downtown
Venezuela and we snatch up the present it and his wife.
We don't lose a single man. Sounds good. Everybody's on board.
You send the Mexicans in to take out Amento Navy
seals did the training. Sounds good, Everyone's on board. You
(12:18):
launch what is obviously a regime change war. You can't
say it's not when you took out their leaders. You
launch a regime change war on the other side of
the world with domestic enemies who will exploit every American casualty.
As you know, they will we're on a clock. I'm
(12:40):
sure the Trump administration knows this, but we are most
definitely on a clock. If you and I by the
time we meet a week from now on, I'm right,
don't get me wrong, I'll be back tomorrow. If you
and I are talking about what we did in Iran
last week, as in, we're already done, the bombs of
trop dropped, the true are on their way home, minimal
(13:02):
loss of life from here on out. Then the Trump
administration they are politically going to get away with this
because the public will simply forgive, forget, and they'll move on.
I don't know about forget, but the public will forget
and they'll move on. If, however, we do get bogged down,
and you can make all the promises in the world
four weeks, five weeks, hopefully sooner. But you can make
(13:22):
all the promises in the world, but every administration in
the past has made those promises, and none of them
have turned out to be true. You make all the
promises in the world, But if a month from now,
two months from now, we're still waking up every morning,
and there might be on our phones. We're still waking
up every morning, and we see another American has died,
and the objectives aren't crystal clear, and people still have
(13:43):
record credit card debt. The Trump administration is going to
see the public turn against them very very very quickly.
Some of that is just intolerance based on the last
fifty years of experience in a May American form policy. Essentially,
what I'm saying is, I am very very cautious. I
(14:05):
am watching, I am praying, I am hoping, I'm very hesitant,
I'm very cautious right now the Trump administration, I'm hoping
they're did just doing what they think is right. And
I suppose that is the case. They are playing an
extremely dangerous game right now, a very very dangerous game,
a game that could very well see communists come back
(14:26):
to power in the United States of America. I hope
they understand that. Fully. Let's pray for the safety of
our troops. Let's pray for swift victory. We are in
it now. I'll be with you. I'll be honest with
you every step of the way. Watch, listen, and pray.
(14:46):
All right, all that may have made you uncomfortable, but
I am right now. Lee Smith, I am sure has
been dancing on the rooftops since Iran got bombed to smithereens.
So let's get from his perspective what all this is about,
why it's important. Let's hear that from Lee joining before
(15:08):
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(15:29):
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younger Chuck dot Com slash Jesse TV. We'll be back, okay.
(16:21):
So I'm sure Lee Smith has been smiling. I'm sure
the edges of his mouth have been touching his ears
all weekend long. The Ayahtola is dead Iran, at least
the current regime appears to be on its heels. So
let's find out who did what gear This is obviously
a joint operation between America, is real, I mean, everybody, UAE,
(16:41):
Saudi Arabia, everyone's getting in on the party here. Lee Smith,
author of wonderful books, including The Strong Horse.
Speaker 4 (16:49):
We'll talk about.
Speaker 1 (16:50):
Many things with Lee. First of all, Lee, the Ayahtola
is dead.
Speaker 4 (16:55):
How did this happen?
Speaker 1 (16:56):
And who killed him?
Speaker 5 (16:58):
Well, it looks like it was a joint op operation
or the United States Armed Forces and the Israeli Defense Forces.
There's reports out now that it was actually the SURPRISINGLY
because the Israelis are world renowned for their human intelligence.
But appears that the CIA had the source that was
following Kmene Kmene. I mean, the Mosade had a lot
(17:22):
of other people lined up who worked for the formerly
supreme leader. But it was the United States that was
apparently reportedly responsible for following and tagging Kramenne himself.
Speaker 1 (17:38):
Okay, where was he? How did we get him? How
this thing go down?
Speaker 5 (17:43):
I mean, I think that one of the reasons that
they left at the opportunity was the fact that Hamene
was meeting with top officials, and both the Americans and
the Israelis figured, this is a fantastic opportunity to get
a whole bunch of guys, a whole bunch of bad guys.
At the same time, we art will use fewer munitions
than we normally will to get ten, ten, twelve, fifteen,
(18:06):
twenty of these guys. So let's go after them now.
And you know, I have to say, Jesse, you started
off by saying that I've been smiling from here to Yeah,
I mean, I have to say, I'm I'm gratified that
the President of the United States has made good on
something he's been talking about virtually since the nineteen seventy
nine takeover the US embassy in Tehran. And I think
I think it's a very important moment for Americans. It's
(18:31):
part of our history. That chapter of our history is
now closed. And this also helps it insures our piece,
or further further insures our piece and advances our prosperity.
So I think it's an all around excellent thing.
Speaker 1 (18:47):
Okay, let's talk about where we're going from here. It's
one thing to cheer about the Ayatola being dead. It's
another thing entirely to rebuild a government in a country
over there. We're we going. How long is it going
to take to get there? What? What are the actual objectives?
Things are a little vague.
Speaker 5 (19:06):
I think it's unlikely that we're going to spend an
awful lot of time nation building in Iran. I think
right now the you know, you've heard the President say, well,
you know, some of the second third choices for leadership,
they're all dead. So I think right now the plan
is is to knock out as much of the regime
as possible, knock out as much of the IRGC as possible,
and then if the Iranian opposition wants to take power,
(19:29):
then they're going to They're they're going to have to
go out into the street again.
Speaker 1 (19:33):
Uh.
Speaker 5 (19:33):
You know, this is what the President said Saturday morning
after the strikes. So I think that the administration is
going to look and see what plays out. They're going
to be following it very closely. No doubt, there's going
to be a whole bunch of people talking, talking to
the White House, talking to the State Department, talking to
the Pentagon, talking to the CIA, trying to throw their
hat in the ring whether the United States will be
(19:54):
the the final arbiter of who rules Iran. That's that
I find that unlikely. This is going to be figured
out on the streets of Iran. This is going to
be figured out in lots of different places, and the
White House is certainly going to be watching it. But again,
I think that one thing we can be certain we're
not looking at, and that is a multi year commitment
(20:15):
with not only Pentagon officials on the ground, but State
Department officials on the ground and NNGO workers as well,
trying to teach Iranians what surrealist art is all about,
and trying to explain Marcel Duchamp and what the urinal
looks like.
Speaker 4 (20:33):
Pretty sure, that's.
Speaker 1 (20:37):
Okay, good for that? All right? Do we have some
idea of who we want this person to be? Lee?
There has to be someone in mind. I have a
hard time believe in the Trump administration would just wipe
out the leadership without at least a horse or two.
Is there someone we like?
Speaker 5 (20:55):
Well, I mean, this is what Trump said, he was
looking at a couple of different people.
Speaker 4 (20:59):
As you know, he.
Speaker 5 (21:00):
Joked about it. He joked about it today saying, well,
you know there's a job opening. He said, Look, even
even in Iran, I'm creating jobs. So noa look there
that the issue is this, and this is a very
significant issue, and I'm certain the White House was aware
of this. It's an IRGC regime. So even when we're
talking about eliminating the top, the I a tool, and
(21:23):
we're talking about eliminating all a whole cohort of Malla's,
the IRGC is everywhere throughout Iran's economy, throughout the Aranian society.
So again it's going to be I imagine what's going
to happen is there's going to be some sort of fight,
some sort of split in the IRGC. Someone's going to
take the reins in their hands. And and I hope
(21:45):
that the I hope the United States doesn't move until.
Speaker 4 (21:49):
That's figured out.
Speaker 5 (21:50):
The administration has already made its point. If you build
nuclear weapons when we tell you not to, and if
you target Americans, if you target our allies, We're going
to bomb you. If you do it, We're going to
do it again. This is the point that Trump made
in June. He said, if they keep rebuilding that nuclear
weapons facilities. I'll bomb them again, and sure enough he
did so. Well, Donald Trump is in office. Whoever takes
(22:12):
charge of Iran, or whatever factions, whatever cadris take charge,
they can be sure that Donald Trump is a man
of his word.
Speaker 1 (22:20):
Lee, talk to me about this nuclear program in Iran.
Why wouldn't they just let it go? I mean, you
do have other resources in the country. That program is
the source of so many sanctions they get levied on
the Iranian regime, even near if you're a bunch of
evil Islamis scumbags, why not just let the nuclear program
go and do other stuff.
Speaker 4 (22:41):
Well, let's go back a little bit.
Speaker 5 (22:43):
I mean, it's always been an important American interest since
the development of the nuclear bomb. It's been one of
the major national security points in the United States has
been to stop proliferation. We've done that with allies and
we were able to The United States wasn't happy when
(23:03):
the Israeli has got a nuclear weapon. We prevented the
Taiwanese from getting a nuclear weapon, and other actors also,
we don't want other players to get a nuclear weapon.
This all changed with Barack Obama. When Barack Obama made
a deal with a terror state to legalize their nuclear
weapons program. That was a very, very bad thing as
(23:25):
far as the Trump administration going in and saying, yeah,
you know, we're going to cut you a brake, we'll
give you nuclear fuel forever, do this or that, and
the Uranians said no. Look, frankly, the Islamic Republic, such
as it was, had a point. It's very hard to
go in there and tell a regime. Look, by the way,
you have no say over your allies, meaning your proxies,
(23:48):
even though they're terrorists. You have no say over your
self defense, meaning your nuclear weapons program. It's a violation
of their sovereignty. So the Islamic Republic wasn't necessarily wrong
to say no, we're not going to do it. It
looks nuts in hindsight, but they had a point. It's
their national sovereignty at stick. The problem with Iran is
the problem with that regime was they're insane, so they
(24:12):
cannot allowed to be have They cannot be allowed to
have the different things they said they wanted to have,
which is terror proxies in Lebanon isbela Hamas the Huthis,
as well as a nuclear weapons program that would provide
an umbrella for these terror proxies to operate as well
as the regime itself. So again, the fact that the
(24:35):
Iranians put their foot down is not that strange. The
big problem was is that the United States, as the
responsible world power, not as the world's policeman, but as
the responsible world's power that's able to do something about
keeping the world free of lunatics, was the United States
has ruled It was Donald Trump's role in particular, not
(24:55):
any American policymaker. Donald Trump is the first one, the
only one who stood up in did something. He said,
this can't be allowed to happen. And let's remember how
long Donald Trump has been saying this, right since at
least is two thousand book The America We Deserve talking
about the problems with Iran's nuclear problem. He set it
on campaign three times on all of his three different
(25:18):
presidential campaigns, and Jesse maybe you've seen videos circulating today
on social media about Donald Trump speaking in nineteen eighty
how terrible it was that the Iranians took over the
embassy and held Americans hostage for was it four hundred
and forty four days? So this has been on Donald
Trump's mind for a very long time. And we are
(25:38):
truly blessed as Americans that Donald Trump is our president
and he took care of not just an outstanding blood debt,
but he also moved to keep Americans safe and prosperous.
God bless him.
Speaker 1 (25:57):
Lee, thank you, my brother come back. So all right, Well,
it almost seems vulgar when people were dying, when Americans
are dying, to discuss the economics of it. But I
want to know what this means for your wallet, for
my wallet? What does it mean here at home? They're
closing the strait of horror, moves, all these things. What
(26:19):
do those things mean? John Carney's going to join us
in a moment. We'll go over some of those things
before we do that. Let's do this. Everybody's waving an
American flag right now, well, some of us are, and
that's good. Do you remember what Pure Talk my cell
phone company. Do you remember what they did last Independence Day?
(26:41):
They sent out American flags to veterans. While Verizon AT
and T and T Mobile were out there doing things
like sponsoring child drag queen shows, my cell phone company
was sending out American flags to veterans. It is such
a difference when you switch to pure Talk. It's not
just that, you say, It's not just that you get
to deal with Americans who speak English. You don't have
(27:04):
to feel dirty when you pay your bill. Stop feeling dirty.
Go to puretalk dot com, slash jessetv and make the switch.
We'll be back, Okay. So that's all the political angles
(27:28):
of it in Iran and American and pro and God.
But we have other fish to fry here. We have
record national debt, record credit card debt, and we don't
need all this impacting your wallet or mine. Let's talk
to John Carney about all that. Economics and Finance editor
with the wonderful Bright Bart, John Carney. Okay, John, Obviously,
all wars, it's a global economy, are going to have
(27:50):
economic ramifications of some kind. Doing the best crystal ball
prediction you can. What's all this going to mean for
me money?
Speaker 4 (28:01):
So yeah, first of all, I hate having to talk
about this because of course, you know, what happens in
war is a lot more important than what happens to
our wallets, but it does matter. So what we're going
to see is a immediate move up in oil prices,
natural gas prices. This will mean higher gasoline prices and
(28:23):
higher electricity prices. It will be a drag on the economy,
but I don't think it will be inflationary, So I
don't think that we're going to see prices around the economy.
Other things start to move up, we will see a
drag from Frankly, the straight of her moves will be
(28:44):
at least for some time constrained, if not shut down.
We are seeing already refineries and processing plants through all
around the Persian Gulf be damaged by the Iranian retaliation.
So we're going to see some economic costs. It'll mostly
(29:06):
show up at the gas pump, but probably not for
very long. If this goes as planned it we probably
will see some move up. But we have oil now
from Venezuela. Our allies in the Gulf are saying they
are going to pump more oil. The US is itself
a giant oil producing machine, and natural gas of course
(29:31):
as well. So we are no longer exposed to you know,
when I was young, and there would be you know,
a minor political uproar in much less a war in
the Persian Gulf, oil would shoot to the moon. I
don't think that's going to happen this time. I don't
think we're going to see one hundred dollars, one hundred
and twenty five, one hundred and fifty dollars barrel of
(29:53):
the oil that we're going to see more like eighty
dollars barrel of oil, and even that for just a
short time.
Speaker 1 (30:01):
All right, John, let's rewind here and I'm going to
ask you to do something which is difficult for people
to do. I'm going to ask you to take your
IQ and cut it in half, if you would. Straight
of horror moves for so many people. I was trying
to explain this to my son this weekend. What is it?
Where is it? Why is it important? Why did you
even reference it? It seems like it's really far away.
(30:23):
I need you to do me a one to oh
one on this strait and just go ahead and take
the whole show over.
Speaker 4 (30:29):
Absolutely so. It is a narrow body of water that
basically separates the Persian Gulf from the Indian Ocean, but
really from the rest of the world. So a lot
of the world's oil comes from areas around the person Gulf.
It gets loaded onto tankers, it has to go through
a narrow strip of water called the strait of her
(30:49):
moves think of it and in some ways, like I
use this on my children who are learning us history,
that it is kind of the eerie canal of oil.
It is the thing that brings oil from where it
originates to the rest of the world, and it is
very important to global oil supplies. However, it is not
(31:11):
as important as it used to be. It used to
be absolutely crucial. It's a lot less important now. We
also have the ability that we didn't have before through
drone technology, to really actually make it much harder for anyone,
especially Iran, to try to cut off this, you know,
(31:31):
to mine it, to to put annoying ships on it.
We can blow up any you know, any major naval
ship that enters the straight up removes and tries to
mess with us. The real problem is actually more like
something close to piracy, where you have either mines placed
in the strait or you know, small attack ships attacking
(31:52):
the tankers that will make the tankers. You know, these
aren't combat tankers. These are you know, ships full of seamen,
merchant marines. They don't want to end up in a war,
and so getting them through there is very important. But
I think we have the military and technological capacity to
keep that from being cut off for any long period
(32:13):
of time.
Speaker 1 (32:16):
Okay, let's go to Venezuela because you mentioned Venezuela. It's
hard not to make a connection that Venezuela became kind
of kind of hours in a way, about five minutes
before we started bombing Iran. Tell me about it.
Speaker 4 (32:31):
Yeah, so this is really important. Venezuela was part of
I'll call it like the dark oil powers of the world.
It's basically Venezuela and Iran that were one a huge
supplier to China, but two we're not suppliers to the
rest of the world. Venezuelan oil was highly sanctioned, and
(32:54):
so it really wasn't feeding into the global oil prices,
and production was way down from where it could be.
We are bringing Venezuela back online and so and advantages
over the medium to long term. Whatever happens in Iran
will matter a lot less now that the world has
access to Venezuelan oil.
Speaker 1 (33:16):
Once again, John, tell me about refining, because this is
a conversation you've had before. Again, this is another one
of those things that people get confused on. So we
don't teach anybody anything in school anymore. It's one thing
to pull oil out of the ground. It's another thing
entirely to have oil be usable for people, You have
to refine it. Where are we refining all this oil?
(33:39):
Venezuelan oil, which from what I understand is filthy, dirty
American oil. I know we lost a lot of our
refining capacity. Where is it being refined now? Is that
in trouble at all?
Speaker 4 (33:49):
Well, so the Venezuelan and American oil is not in
trouble because it gets refined. Actually, in US we're really good.
Actually we have refineries built to be able to refine
Venezuelan oil. We will be really good at that. The
big threat is really Iranian missiles destroying the refineries in
the Middle East. That really does need to be refined
(34:12):
out in that area because it is a different refining
process oil. There's lots of different grades of oil. Some
of it is is easier to turn into gasoline, some
of it is more completed, but you can't.
Speaker 1 (34:27):
You don't.
Speaker 4 (34:28):
Just like it's when we go to the gas station
and we have like three grades of gasoline and you
can plug any one of them into your car. By
the way, you should probably always choose the cheaper one.
The other ones are your Your new cars don't need
the high grade gasoline. But but it's not like that.
You can't just press a button and pump whatever oil
(34:49):
you need, the right kind of oil in the right refinery.
The risk is if Iranian missiles destroy refineries, which by
the way, they're not yet. They have shut down some refineries,
but that's more of, from what I'm told, a cautionary measure.
As the places are being attacked, they're still going to
be operational again. But the danger is if those things
(35:10):
get shut down for a long time, then it will
be harder to Even if you know the Saudis are
pumping oil out of the ground, it gets harder to
make it useful to the rest of the world if
the refining capabilities are destroyed.
Speaker 1 (35:27):
John, let's talk about China. I've heard a lot of
chatter about what we did in Venezuela and what we're
doing in Iran is really putting China in a bad spot.
Is that true? And if so, why what's going on?
Speaker 4 (35:40):
Yeah, China is heavily dependent on imported energy. They need oil,
they were getting it from I ran in Venezuela. Not
being able, not being able to get it from I
Ran in Venezuela. Really puts them in a much more
precarious spot economically. But look, they're not going to cut
China off of oil like that's not anybody's plan. But
(36:04):
what it means is if China were to do something
militarily aggressive invade Taiwan, they would be a lot more
vulnerable if they cannot get out of his regimes in
Venezuela and Iran. We are making that much more difficult.
We've made it impossible. They're not getting the oil in
a conflict out of Venezuela. They could buy it at
(36:26):
market prices today. That's fine, and the same thing with Iran. Hopefully,
when this all comes to a conclusion, they will no
longer have a client state in Iran that will be
you know, sort of their oil well anymore, and that
will make them much more hesitant to be able to
prosecute any military attacks on any of their neighbors.
Speaker 1 (36:50):
Okay, that leads me to Russia. Why don't they just
go buy it from the Ruskies?
Speaker 4 (36:56):
You know they can't. They can buy oil from the
Russian but China has a disincentive to be too dependent
on the Russians, partly just out of history.
Speaker 1 (37:07):
They don't like.
Speaker 4 (37:08):
They didn't like the time period in which their economy
was very dependent on the Soviet economy, even when they
were both communists. They actually really felt uncomfortable being so
dependent on their wealthier, on their then wealthier Soviet neighbors.
They don't want to be dependent on Russia again, in
part because Putin won't always be in charge, or they
(37:29):
don't know the future of Russia. But also they just
want to be able to not have to look to
Russia for permission to do things around the world, where
if they're heavily dependent on Russia they would be. So
I think China looks at it and says, we'd rather
not be dependent on Russia. They're probably increasingly are going
to be dependent on Russia if they get cut off
(37:51):
of Iran. They've already been cut off of Venezuela.
Speaker 1 (37:55):
John, thank you, my man. I appreciate you. All Right,
we're gonna talk about something that I believe we should
be focusing on hard, and we found out another reason
we should be focusing hard on it. Over the weekend, terrible,
terrible case out of Austin, Texas. We're going to talk
about immigration, the foreigners we have here. Before we get
(38:19):
to that, let's talk about this sleeping. It's just when
you have a good night's sleep, you are in every
way a completely different person than when you have a
bad one, At least I am. Maybe when you were younger,
you'd get away with that. But man, if you run
(38:39):
into me and I've had five hours of sleep, it's
not the same. Jesse is who gets eight hours of sleep?
Just not. But what do you do? Whether it's everything
you take to sleep makes you feel groggy when you
wake up, you don't feel rested except for dream powder
from Beam. That's why you need natural things. Dreampowder from Beam.
(39:00):
It's just a cup of hot chocolate, but it's all
natural stuff in it. It's racy and magnesium and melatonin
in these things. You just sip on a delicious cup
of hot chocolate and when you go to sleep, you
sleep like an itty bitty baby. Try it Shopbeam dot com,
slash Jesse Kelly, Natural Ingredients, natural sleep, waking up every
(39:21):
day feeling great.
Speaker 4 (39:23):
We'll be back.
Speaker 1 (39:33):
Okay. So as you know, I like to stay focused
here at home, and I'll give you a heads up
right now We've already discussed it as a show. This
is not going to become war correspondent show where every
day we're giving you updates on what's going on in Iran.
I care about America. That is my focus. It's always
been my focus. I care about what's going on here.
(39:55):
But look, we have a problem here and it's already
hitting us here at home. Over the weekend, there was
a horrible story. You know what. I was going to
show you a video. I didn't even want to show
you a video that There was a horrible story in Austin,
Texas over the weekend. My sister used to live in Austin, Texas.
I talked to her about it. There's a bar apparently,
it's a very well to do, well to do bar,
(40:18):
nice part of town, that kind of a thing, and
some Islamist apparently strolls in there and murders a few
people had a property of Allah shirt on and he
was an immigrant from Senegal, and he was a legal
immigrant from Senegal. We have way too many foreigners in
(40:43):
this country. And I'm not just talking about the illegal immigrants.
We have a country that has been flooded, overwhelmed with foreigners.
Speaker 6 (40:52):
Decade after decade after decade after decade, and it is
going to take a massive project to get the these
people out of our country.
Speaker 1 (41:03):
And now we're seeing the result of some of that.
When you fight a war across the globe, when you've
imported enough savages inside your own people die because of it.
I want the mass deportation of foreigners. That is my
focus right now. I pray to God it's the Trump
administration's focus, because that is what will actually save the
(41:27):
United States of America from ruin. Get these monsters out
of my freaking country so I can go to a
bar in Austin on Saturday without property of Allah killing
me while I'm there. All right, we need to light
in the mood next. All right, it's time to lighten
(41:55):
the mood. So here's my light in the mood. John
Cornan is losing the primary in Texas. And maybe you're
not from Texas. Maybe it doesn't matter to you. I'm
telling you right now, this matters for every single person
who complains about rhinos and the GOP and this and that.
John Cornet is an extremely powerful United States senator. If
we can defeat him in a primary, it will put
(42:17):
the rest of the losers in the GOP Senate on
notice that they can't keep screwing us time and time
and time again. If you happen to be in Texas,
Primary day is tomorrow, show up and vote. I'll see
Tomo
Host
Jesse Kelly
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