2-26-25 - 8am - US-Ukraine Deal

Episode Transcript

Speaker 1 (00:00):
Wow, big surprise.

Speaker 2 (00:01):
The super old white dude and the not quite so
old but still old white and red dude can't tell
the difference between Trump and racist. Come on, check your privilege, guys.
It's showing.

Speaker 3 (00:16):
Uh. He's been going to Alaska too long. He's froze.
His brain is frozen. I don't get it. Uh, I
will do what before I get to Zelensky. There's there's
no segue here before I get to Zelenski. I really
was serious.

Speaker 1 (00:33):
If you know.

Speaker 3 (00:34):
Somebody that's a handyman, carpenter that's reliable, that can come
out and look at those doors and the baseboards for me,
send me a send me a text message three three
one zero three, because I'm sick and tired of nobody.
Nobody responds nobody.

Speaker 1 (00:52):
I don't know.

Speaker 3 (00:54):
I pay well too. Yes, somebody said, you know, Mike,
the weather's gonna be nice. You could, uh, you could
clean your garbage cans yourself during this nice weather spell,
to which I responded on the text line, go out
to the garage, unroll the hoses, connect the hoses, clean

(01:15):
out the cans, disconnect the hoses, drain the hoses, wind
the hoses back up, restore the hoses versus thank you.
How much do I owe you?

Speaker 4 (01:31):
See?

Speaker 3 (01:33):
This is who you're dealing with. Ukrainian President of Voldemart
Zelensky has reportedly agreed to Donald Trump's deal on rare
earth minerals in exchange for continued assistance after negotiating more
favorable terms for Ukraine. He apparently is now ready to

(01:56):
agree to the deal after the Trump administration has again reportedly,
according to the stories, made a concession on acquiring rights
to five hundred billion dollars in revenue from mineral extraction
as a way to pay the United States back for
the billions of dollars given to Ukraine in his fight
against Russia. Ukraine's Deputy Prime Minister and Justice Minister Ola

(02:21):
Stephan says this quote the minerals agreement is only part
of the picture we have heard multiple times from the
United States administration. It's part of a bigger picture now.
Zelensky initially rejected the agreement, and the news reports say

(02:43):
that he yelled at Treasury Secretary Scott Dessent during their
median Kiev. When it was first discussed. Zelensky was said
to be angry at the prospect of having to pay
back US taxpayers for the stuff that we've over there,
including the money now into the new deal.

Speaker 1 (03:04):
You know, wait a minute.

Speaker 3 (03:08):
You know, when macrone was here this week, McCrone disagreed
with Trump in public during their little photo op and said, no,
this loan stuff is you know, it's not true, and
you know, we feel like this is part of our
obligation and blah.

Speaker 1 (03:25):
Blah blah blah.

Speaker 3 (03:26):
And you know, he was kind of taken aback that
we wanted to be paid back for all the armaments
and equipment and everything else that we've sent over there. Well,
I'm not sure that because they're not part of NATO.
I'm not sure it's wrong that we shouldn't ask for

(03:47):
something in exchange for having done everything that we've done
so far and everything that we apparently will be doing
in the future. Any Way, under this new deal, Ukraine
will contribute half of the proceeds from any future monetization
of mineral extraction as well as from Ukrainian owned oil

(04:08):
and gas. That will be that all of those monies
will then be used to fund to a fund that
is dedicated to investing in domestic projects. Now, I can't
find exactly what size of a steak that the US
government will have in this fund, but will have some

(04:30):
stake in it at least. But the deal does not
contain any explicit security guarantees for Ukraine, even though Zelensky
has been adamant, I mean absolutely adamant about security guarantees
from both NATO and the United States, even demanding that
we deploy troops into the country after a possible cease
fire with the Ruskies. He's also demanded that Ukraine be

(04:54):
allowed to enter the NATO Alliance, going so far as
threatening to acquire nuclear weapons. He gets rejected. You know,
he needs to calm down a little bit. He's to
calm down. Got a story I'm gonna try to get
to in conjunction with this from someone who has written
a story about He knows Zelensky and he has some

(05:16):
things to say about him. Meanwhile, while this is going on,
the Trump administration continues to engage in bilateral talks with Russia,
all on an effort to just try to end the
conflict with Ukraine. I do, I truly do not understand now.
Anytime you're negotiating any deal, I don't care whether it's

(05:36):
a labor agreement, it's a cease fire agreement. It's a
pre nups. Whatever you're agreeing there, it's always the devil's
always in the details, and it's always going to be
that uh uh oh, which is why I always encourage people,
no matter what you're negotiating, look at the long term.

(05:56):
You may be negotiating, you're doing well. I mean, this
happened to me when I was involved in labor negotiations.
You'd be going along and the tendency would be because
group think would set in at the table and everybody
would be thinking they've got a really good deal going,
and you're kind of busting your butt along. Everything's going well,
and then boom, somebody says one thing and it derails everything. Well,

(06:18):
that's going to happen, obviously, just like I think the
Hamas negotiations that ceasefire got derailed when they were stupid
enough to prayed a bunch of Holocaust looking like survivors out,
or they tried to fake by putting an unknown body
in with those two children and said, oh, here are

(06:39):
the kids and the mom you talk about Suddenly what Yeah,
screw that ceasefire. Anyway, while these negotiations were going on,
it's now reported that Vladimir Putin has expressed an interest
in selling where earth minerals to us. Also, now he

(07:01):
does have a little hitch in it that's probably going
to cause some problems, and that includes rare earth minerals
from areas of Ukraine that he is occupied or annexed. Now,
in the story that I read yesterday, it only used
the term annexed, and when I thought about that, I thought, oh,

(07:21):
that means Crimea, because they have an essence annex Crimea.
But the more I delved into other stories about it,
I think the proposal is about Crimeri Crimea, but it's
also about the areas that he has occupied in Ukrainian territory.

(07:42):
Now what Trump does with that, I don't know. But
the proposal comes after Trump and the administration look to,
you know, book this similar deal with Ukraine as a
means to pay back the billions that we've given to
them in the in the conflict with Russia. So Putin
stated that Russia could give us a better deal in
resources than Ukraine. And his argumentive is it could provide

(08:06):
around two million tons of aluminum. How you minimum, how
you minim as the Brits say it, quote, we this
is putin, we would be ready to cooperate with our
American partners if they showed interest in working together, arguing
that he has got a lot more rare earth minerals

(08:28):
than Ukraine does. So Trump sent the Treasury Secretary, Scott
Bessent to Ukraine earlier this month to start those negotiations,
as I said, and the goal was for us to
get preferential access to rare earth minerals to pay back
the billions of dollars in funding that we since twenty
twenty two. But at that time Zelensky indicated that he

(08:53):
would refuse that deal, and then he apparently became angry
during the meeting of Descent, shouting and going on and on,
and since then he's now agreed to a water damn
deal in the minerals, although it's not final. Vance meanwhile,
is publicly criticizing Zelensky's behavior, telling outlets that he finds
the Ukrainian leader's public attacks on Trump disgraceful. Ban says this,

(09:20):
He's not dealing with Joe Biden and the Biden administration anymore.
He's dealing with Donald Trump and the Trump administration. And
I think that's something that needs to be said Zelensky.
We had an election, and the guy that said there's
an open checkbook and will be there as long as
it takes is no longer president. And as I've said

(09:44):
long before Trump was elected that I disagree with this
open ended that will be there as long as it takes,
because that means the war could just go on forever.
Why do you fight? You fight a war to a
uplish two things, right, You want to win, you want

(10:05):
to end it. All wars eventually end. Now, don't give
me North and South Korea. That war is technically still going,
but we've reached a ceasefire and we've created a DMZ,
a d militarized zone, and so North and South Korea
are not shooting at each other right now, but the

(10:26):
war actually goes on. But with that exception, wars either
come to an end by winning or they come to
an end by a ceasefire. Well, we need to do
one or the other here. And this idea that Biden
kept pushing that we're going to be there as long
as it takes, goes against everything in terms of war fighting. Oh,

(10:50):
we're just going to keep fighting. We're just going to
keep fighting and fighting and fighting and fighting until what
there are no military age men left in Ukraine, until
every piece of infrastructure in Ukraine is destroyed, until Putin
wins and Ukraine loses.

Speaker 1 (11:11):
I mean, Biden was an idiot when he.

Speaker 3 (11:12):
Came to foreign policy, and Zelensky is, I think, still
operating on Biden time, and now we're on Trump time,
and he hasn't made that shift. And I think he's
got to make that shift and realize that, as everybody
likes to say, there's a new sheriff in town, and
with a new sheriff in town, you're gonna have to
change your ways. So this story about Zelensky I find

(11:36):
interesting because it's something I've not heard before, and it's
from a let me pull it up. It comes from
someone who let me just read the first paragraph of
his article and then we'll get into the meat of it.

Speaker 1 (11:56):
He says.

Speaker 3 (11:56):
I have known Zelensky for very well. For years as
a senior official personally appointed by Zelensky, I spoke to
him many times a day and observed him closely, both
in public and privately. We parted on good terms and
without rancor. I have no personal acts to grind, he writes,
But today I cannot remain silent about how Zelensky is

(12:16):
weakening Ukraine under the guise of war. As a result
of this new climate of fear, I must write these
words under the veil of anonymity, a necessary precaution against
retaliation from the very regime that I once served. Before
I get into what he says about Zelensky, I want

(12:40):
to say this, we need stop Putin because Putin is
a threat t He's a threat to all of you,
He's a threat to the world. I don't think he's
as great of a threat as the Chinese Communist Party.
I don't think he is as great a threat as

(13:00):
Eugene Ping. Both leaders, However, both dictators have the ability
to trip, either intentionally or unintentionally, world War three, so
we have to deal with both of them. I don't
think that this country is in a position today this

(13:24):
very moment that if World War III gets tripped, we're
not in a position of power. We still have the
world's largest economy. We can move to a war footing economy.
But if you understand World War two, you understand that
that still takes time. You've got to invoke the Defense

(13:48):
Production Act, You've got to go to manufacturers, including the
defense industry, and you've got to ramp up their production.
Plus you're gonna have to ramp up production of everything else.
For example, let's just take something as basic as food production.
Soldiers have to be fed. You've got to feed them.

(14:10):
Soldiers need oil and gas, they need fuel, they need diesel,
they need to be able to move ships, tanks, hum these,
whatever it might be. So you're gonna have to ramp
up oil and gas production. Now, normally you have the
Strategic Petroleum Reserve, but that's a whole different story. So
we're in a position where we really do need to

(14:33):
negotiate an end a cease fire to this conflict in Ukraine.
And you can agree or disagree with some of the
language that Trump uses. I agree with some, I disagree
with other language. But nonetheless, I think that Trump is
playing the long game here. I think he's trying to
get a win win by getting NATO to step up

(14:56):
their defense capabilities so that they can if they need
need to defend themselves. Obviously, we still have an obligation
to come and help them if Article five of the
of the Alliance is invoked. But at the same time,
we're complete I shouldn't say completely, but we are woefully
ignoring the Endo Pacific. And I think the Endo Pacific

(15:22):
is a much uh, It's gonna be a tougher battle.
But our allies in the Indo Pacific are in a
much better position politically to engage in a world war
if needs so. For example, and you know the French
are easy to pick on, but right now, so the

(15:43):
Brits and the Germans. Who do you think has a
better capacity, both morally, both in terms of their culture
and in terms of their economies to spin on a dime.

Speaker 1 (15:59):
And get on a war footing.

Speaker 3 (16:01):
Do you think it's South Korea, Australia, New Zealand, Japan
or do you think it's the United Kingdom, Germany and France.
I deliberately lead out Poland because I think Poland is,
of all the European countries, the one that understands the
dangers the most and are the most prepared at this

(16:24):
at this particular time to go to a war footing
if necessary. So I look at the Endo Pacific and
say we can. While we are weaker in the Endo
Pacific than we should be, and we are stronger in
Europe than we ought to be because NATO ought to
be stepping it up a little bit. You've got to

(16:44):
take all of that into consideration when you're negotiating a
ceasefire between Putin and Zelenski, which is exactly what we're doing.
Which gives me back to Zelensky, because this author says
it pains me to admit that at least some of
what Trump has said about Zelenski is true. Well, Western

(17:06):
politicians have rushed to condemn Trump and his vice president remarks.
A quiet ripple of approval ran through very large parts
of Ukrainian society. And the reason for that is because
Ukraine has become a paradox. And let me explain what

(17:28):
I mean by a paradox.

Speaker 4 (17:29):
Now, Hey, just.

Speaker 3 (17:40):
Go to Gary over at the Retirement Planning Center of
the Rockies. Gary, I've got a great question for you today,
and it's this so I'm always talking about, you know,
give you guys a call and if they everybody gets along,
you'll take them through your summer retirement guide process. Well,
considering how wacky everything is right now, would you tell

(18:00):
me exactly what that process is and how that might
put people's minds at ease.

Speaker 5 (18:06):
Well, thank you, Michael, I'll be happy to do that
are some Every Retirement Guide trademark five peak process approach
deals in five areas. Number one is income, so we
want to make sure we build a plan that supports
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(18:27):
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so it's important to have a well designed portfolio that
can be managed and watched on a regular basis. The

(18:50):
third peak deals with taxes, and of course that becomes
a concern and has been for a long time, and
so we're always looking at things we can do to
himple strategies that will help reduce tax The fourth is healthcare.
You know, what are you going to do with your
medicare planning? What are you also going to do as
it relates to the concerns of long term care, which

(19:12):
a lot of people worry about. Don't think there's very
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it's important to make sure, Gosh, you work your whole
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of assets, Let's make sure they go where you want
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(19:38):
it's comprehensive and more than anything like it puts people
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(20:00):
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(20:21):
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what we try to do is build confidence in our clients.

Speaker 1 (20:42):
That's a great explanation.

Speaker 3 (20:43):
I mean, I talk about it, but I think, you know,
it was worth our time to really explain what that
process is, because you know, I mentioned it every single
time I talk about you guys, But I think they
need to understand that it really is this comprehensive, holistic
approach to all those things that you mentioned.

Speaker 5 (21:02):
Yes, absolutely it has to be. People wouldn't be satisfied
as if it wasn't. Michael, I mean, let's not let's
not kind them short here.

Speaker 1 (21:09):
Yeah, that's exactly right.

Speaker 3 (21:11):
Well, listening, if it sounds good to you and you
think you'd like to go through that process, then do
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the Retirement Planning Sooner of the Rockies today. You tell
them Michael Brown sent you phone numbers easy remember this,
it's ninety seven zero six six three thirty two eleven.
That's nine seven zero six six three thirty two eleven.

(21:32):
Or go check out garin his entire team on their website.
It's Rpcenter dot com back to Zelensky. So the whole country,
including Zelenski, I think, is a gigantic paradox. It's it's
a nation fighting for its sovereignty while at the same

(21:53):
time it's dismantling its own democratic foundations. Now we've done
that in this country before or Lincoln suspends the rid
of habeas corpus. I mean, we fight a civil war.
You know, we have states that secede from the Union
and try to tear down the Union, try to destroy
the country. Well at the same time that Lincoln is

(22:15):
trying to preserve the country. So this is not necessarily
unique except for years, I think the West has indulged
this illusion of Zelensky as the face of democracy in
this country. In reality, he's kind of undermining democracy in Ukraine.

(22:35):
He's actually making Ukraine weaker in the face of what
is truly an existential threat to the country's existence. Now,
before I say anything else about him, that's the card
we're dealt with. That's the card we have to play.
So you're gonna have to deal with him because you know,

(22:57):
and I don't get me wrong, I'm just trying to
outline in the whole picture here, you know, outside him
resigning or absconding and running into exile somewhere with you know,
hundreds of millions of dollars, or him being assassinated or
him being killed. You know, he's as he's visiting the
front lines or something. He is the guy that you're
going to have to deal with. But I do believe

(23:19):
that he's making Ukraine weaker in the face of this
what is an existential threat, and it's an existential threat
that threatens not just his own country, but it threatens
all of Europe, and quite frankly, if it ever becomes
a actual threat to Europe. Bingo, there's the trip wire

(23:40):
for World War three. His first pre this is we're
talking about this on Wednesday, February twenty six. His first
presidential term ended May of twenty four, but no elections
were held, and he prolongs martial law every three months,

(24:02):
so every ninety days he reinvokes martial law. And I
don't think from everything that I've read, that he's ever
thought about not doing that. Now, some European politicians will
tell you that he has thought about it, and that
and of course his response is Zelenski's response is that

(24:24):
people don't want elections Well, then you dig a little
further and you find there are some Ukrainian Ukrainian surveys
that confirm that sixty five percent of Ukrainians don't want
to have elections throughout the war, but over fifty percent

(24:44):
of all Ukrainians want to see the war ended as
soon as possible. That's according to Gallop. Now, I don't
know what the percentage is. But here's what I do know.
I don't think I trust any polls coming out of Ukraine.
Can you imagine trying to conduct a pole in a

(25:05):
country where infrastructure First of all, yeah, you can go
to Kiev and you can do polling in Kiev and
probably get a fairly good sample, But does that sample
represent in an urban area that Putin said, Hey, I'm
going to take over Kiev in three days at the
most three weeks.

Speaker 1 (25:24):
And he hasn't.

Speaker 3 (25:26):
He's destroyed a lot of infrastructure, He's destroyed a lot
of the city. But so I put these polls over
here to the side and say, I don't know. Here's
what I do know. I think that when you keep
postponing elections, I'll never forget Rudy Giuliani coming to us

(25:46):
after nine to eleven and wanting to postpone mayoral elections,
the election in which Bloomberg was eventually elected, And in
our discussions with Giuliani about doing that, it was like,
we're still dealing in the response phase to this. We're

(26:07):
still digging through the rubble, We're still you know, finding
body parts, We're still doing all of this. This is
the absolute worst time to postpone an election. And it
wasn't me, but I imagine at some point Bush pulled
him aside and said to him, do you know what
you'll look like if after this attack you decide we

(26:28):
got to postpone elections. That that shows weakness and that'll
still fear in the people of New York. So Giuliani
backed off from that, But I would say, now, look,
have I been to Ukraine. I have not ever in
my life. I've never been to Ukraine. I certainly haven't
been in Ukraine during the war, since the war started

(26:48):
three years ago. But my guess is when you when
you keep imposing martial law or you keep postponing elections,
there is inherently a erosion of human rights, of civil rights,
where people become fearful, you start whisper campaigns do do

(27:13):
you really agree with what's going on?

Speaker 1 (27:15):
Well, I'm not going to say anything. I'm not going
to say anything.

Speaker 3 (27:23):
This author that started the story about Zelenski writes this,
as early as twenty nineteen, I listened as he demanded
propaganda from his subordinates to flood the media with praise
when his policies failed. Today he has achieved that, a
vast army of voices branding him the face of democracy

(27:45):
and the very embodiment of Ukraine itself. So now jump
back to what I said earlier about the polls and
this constant putting off of elections, this constant every ninety
days reimposing martial law. Say, at this point to people
themselves setting us, I mean, it's hard for us to imagine.

(28:08):
You know, you went to work today, and while you
may have had to dodge potholes, those potholes were the
result of lousing maintenance by a bunch of democrat communist
Marxists that don't give a rats ask about highways or infrastructure,
but not because Mexico or Canada was lobbing missiles at
those highways. You go to work every day, never knowing

(28:32):
whether your building's going to get blown up or not.
You've got to at some point just be mentally and
physically exhausted, and then you pile them this whatever. And
I can't find good info about this, but I'd like
to know, just like in Russia, there's not really good

(28:54):
info other than the mothers of the sons who are
not coming back from war. So those mothers know that
their sons have been killed, and those mothers are beginning
to talk to among themselves, and that's causing putent problems,
and Russians are beginning to question what are we doing? Well,

(29:19):
if that's happening in Russia, what the hell do you
think is happening in Ukraine. The same thing has to
be happening when you have this war of attrition going on,
and that's all it is right now, it's just the
war of attrition. The citizens of Ukraine have to be
just mentally and physically exhausted. And when you become ta

(29:41):
you know this from your own life, when you're tired,
worn out, exhausted, and then on top of that, you're
worried about something. You're worried about your job, you're worried
about your income, you're worried about whatever it might be.
You're worried about some other problem, Well, costume makes that
problem seem even bigger than it is. So when you

(30:05):
live in fear and you're wary of stepping outside and
saying anything to your friends or maybe even your family.

Speaker 4 (30:14):
Then.

Speaker 3 (30:16):
You you really start to lose the fabric of the society.
People are wary of stepping outside because they're fearful of
being dragged into vans and sent to the front lines.
Do you know that some of the draftees that they're

(30:36):
using are disabled, physically disabled, they're chronically ill. That means
you're scraping the bottom of the barrel. They get very
little training, they get very little training at all, and
their fates get sealed in the recruitment offices as officers
in the recruitment offices wait to get bribed. Wives, girlfriends,

(31:00):
mothers now take on traditionally male roles, male jobs, scraping
together whatever earning they can So what they can do
what bribe officials to get an exemption for their loved
ones before they reach the age of conscription. Yet, those
with the right government connections end up being free from

(31:23):
conscription and they enjoy unrestricted freedom of movement. So this
war has created this black market, has created this division
within civil society, and now.

Speaker 1 (31:41):
What will they do?

Speaker 3 (31:42):
Well, they'll just parrot whatever the official line of the
government is because nobody dares speak up.

Speaker 2 (31:49):
Ronnie, I got me a part time gig cleaning out
trash cans.

Speaker 1 (31:54):
I tell you what, you go ahead and give me
your address. All swing by this afternoon and clean those
so be's out.

Speaker 6 (32:00):
Real good for you, dragon, Go ahead, I'm sure he's
completely safe giving you his number.

Speaker 3 (32:10):
Do you think there's a chance in hell of all
the goobers out there in Gooberville that I would ever
call him to even first of all, to give him
my address or my cell phone number.

Speaker 1 (32:24):
Do you really think that's going to happen. That just
proves my point that you're bat fece. He's crazy.

Speaker 6 (32:32):
If he couldn't already have claimed at one point in
time to be out of state, I may possibly just
a little believe him.

Speaker 3 (32:42):
But no, I think it's actually some woman that's able
to do a female impersonation. I mean, to do a
male impersonation, and it's just a she.

Speaker 7 (32:54):
Just smokes three packs a day to get that, and
it's just it's and she's sitting there with a she's
sitting there in a rocker, watching the view and listening
to us, occasionally smoking you know, camel cigarettes.

Speaker 1 (33:07):
Day in and day out.

Speaker 3 (33:10):
That's right, I know, Phil, I'm just gonna call that
son of a bitch, Michael Brown's I'm gonna give him hell.
I'm gonna tell him I'll come clean his trash cans
out I find. I'm gonna call his trashcans sons of bitches. Yeah, so, yeah,
that's what I'm gonna do. Let me just look, I
know the thing about the constitution, I'm not making a
point about the constitution. I'm making a point about martial law. Yes,

(33:34):
at least everybody keeps telling me that there's a provision
of the constitution that prohibits elections during a war. But
who needs a constitution that prohibits elections during war when
you just impose martial law. So don't don't conflate those
two issues. I mean, I understand they're interrelated, but they
are two entirely separate issues. I would just conclude this

(33:56):
entire conversation about Zelensky by simply saying that I don't
think the Ukrainian people are cowards. But I'm not convinced
they want to die for his government, and I'd like
to know, and why is it wrong to ask?

Speaker 1 (34:11):
Hey?

Speaker 3 (34:12):
Even he said something to the effect that, hey, there's
one hundred billion dollars I can't account for. Really, where
did it go? And all this talk about going into exile?
Are you willing to resign? Everyone looks at that and goes, oh, look,
that's very statesmanlike offered to resign. Yeah, and how much

(34:36):
money you're going to take with you when you do?
Have you ever thought about that? I don't think that.
And I think this is why Trump wants to negotiate
an end to this war, because they have to have
a change in power, because if the war continues, I

(34:58):
don't think it will lead to victory. It will lead
to the collapse of Ukraine. I just don't think that.
The Europeans, and for that matter, I don't think the Americans.
I don't think any of us have the Poland. Yes,
I still maybe I'm putting too much faith in Poland.
By a lot of faith in Poland, Germany, France, in

(35:18):
the UK not so much.