Episode Transcript
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Speaker 1 (00:11):
You're listening to the Buck Sexton Show podcast. Make sure
you subscribe to the podcast on the iHeartRadio app or
wherever you get your podcasts. So, what's actually going on
in Venezuela? Is Trump planning to topple the government? There
will there be an invasion? Could there be US troops?
Where's Maduro gonna go? How the heck did we get here?
I think it's time for a buck brief, for a
(00:34):
deep dive into what's happening here. This is a great
thing for you to listen to over the weekend because
by the end of it, it won't be very long.
Speaker 2 (00:40):
It'll be a normal Buck brief.
Speaker 1 (00:41):
Link, but you'll know more than ninety nine percent of
the people you see on TV talking about Venezuela because
these days, people you know, don't read and don't really
pay very much attention. They just go on TV and blab.
So what's happening? Here's what you gotta understand, and I'll
take you to the beginning. I'll give you everything you
need to know about Venezuela for the last fifteen years
in about fifteen minutes. How about that you go back
(01:03):
to the Chavez regime. Will Chavez comes in. He's a
classic Balivarian socialist. He says he's going to redistribute the
land and it's gonna be great and there's gonna be
plenty for everybody as long as he's in charge. But
they seize the government means of production. They're wildly corrupt,
they're repressive, totalitarian. And then Maduro takes over, and Maduro
(01:27):
is like a a dumber, more thuggish.
Speaker 2 (01:29):
Version of uh of Chavez.
Speaker 1 (01:33):
So when you when you look at what's gone on,
it has been a even an even faster descent into
a socialist, communist healthscape in Venezuela than anybody could have
I think previously imagined possible. Well, I guess if you're
a student of history, you probably saw this coming.
Speaker 2 (01:50):
But here's the situation.
Speaker 1 (01:52):
You get this guy who comes in, Maduro and he
is he's he's elected, and sure enough, he takes over
the economy and he's doing all this stuff where he's
you know, seizing the means of production and puts price
controls in play, controls in place, and he's doing all
this stuff and it destroys the economy, I mean the
(02:13):
oil sector. Venezuela largest proven oil reserves in the world,
larger than Saudy Arabia, and they don't have enough money.
The oil sector has gotten absolutely crushed there. They can't
keep refineries online. They've got all kinds of problems with
the international community. It's all coming apart. The air bare shelves.
(02:35):
Crime gets completely out of control. Why does crime get
out of control? Will in part because it's a criminal
syndicate running the state of Venezuela. Venezuela is a narco state,
a true narco state. Meeting Maduro in his top guys.
I think there's a fifty million dollar bounty on.
Speaker 2 (02:48):
Maduro right now. Fifty million, that's real money.
Speaker 1 (02:52):
The reason that they're able to even stay in power
up to this point, and I'll get into the election
from last not this past summer, the summer before that,
but the reason is that they are.
Speaker 2 (03:02):
Able to pay people.
Speaker 1 (03:05):
Off in their inner circle, the security forces, thugs that
collectivos to just their street thugs, effectively Maduro's brown shirts.
They're able to subject to continue to do what they
do because they're getting hard, cold cash, cold hard cash
from selling fentonyl of the United States. That's why the
(03:26):
narco strikes on their boats and Pete Hegseth just said
last night there was another one, another one. He's calling
them out. These strikes on the boats are cutting off
the capital that they need to continue to run their
government because it's a thug, drug runner government. That's what
Madurero is what a shock social justice isn't really about justice,
(03:49):
and it's not particularly social either. Right, this is a
complete disaster of a country. Okay, So then you get
into where things are currently and when you look at
the the destruction of the of their currency. I can't
even give you off off hand how much inflation there
(04:09):
has been, but you're talking hyper inflation.
Speaker 2 (04:14):
Okay, the poverty rate has gone through the roof.
Speaker 1 (04:19):
The inflation numbers look like Zimbabwe. And Maduro is not
really a president, he's a cartel boss. So think of
this like Pablo Escobar is the president quote unquote of Venezuela.
That's what has actually happened there. That is the truth
of that country. And so now you get to, like
(04:39):
I said, three hundred billion dollars over that for proven reserves.
Now you get to the current state of play, or
rather what has brought us to the current state of play.
Speaker 2 (04:50):
And they had an.
Speaker 1 (04:51):
Election where seventy percent of Venezuelan's voted against Maduro and
for the opposition. And guess what madurod just said, Nah,
we're still in charge. Oh, you mean the democrat socialist
Maduro who wants to give more to the poor people
and is really just an elitist thug who will use
extra dream violence. By the way they're detaining, they're doing
(05:12):
all the worst stuff, all the things that you think
some third world tinpot dictator does to stay in power.
Maduro is doing those things, torturing people, using a rape
as a weapon of repression against people who speak out.
I mean, the worst kinds of stuff, worst kinds of stuff.
(05:32):
And just keep in mind that whether it was Chavez
or Maduro, places like the New York Times ten fifteen
years ago we're writing about how reform was coming to
Venezuela and redistribution of wealth and how this is going
to make everybody. This is going to take care of
the forgotten people of Venezuela and all the rest of it.
So that's what's going on there. It's just been, like
(05:55):
I said, total disaster. So they just ignore the election
results stay in power, and to do so they have
had to rely on the most unsavory of allies, imaginable.
Speaker 2 (06:09):
Who's up? I mean, this is really all you have
to know.
Speaker 1 (06:11):
Who's propping up the Maduro regime right now in Venezuela, Cuba, Iran,
Russia basically the biggest malefactors, the biggest evildoers on the
global scene.
Speaker 2 (06:24):
I mean North Korea is not really quite as involved.
Speaker 1 (06:27):
It's kind of far you know, North Korea, but you
got some of the worst players on the global scene.
What's QB doing well Cuba because it's another crap economy?
Speaker 2 (06:35):
Thank you?
Speaker 1 (06:35):
Socialism noticing a trend, aren't you? Honestly, Latin America. I
gotta ask what is going on with you guys and
not figuring out that socialism is ruinous and destructive? How
many times do we have to go through I know,
you get Argentina and Milay, some people figure this out,
but you see what's going on in Brazil. You see
what's happening in these countries. Take this turn to the left,
(06:55):
it's just destruction. It just makes everybody poor, more miserable,
and there's more repression every time, every time. But I
guess they can appeal to people's emotions. They're oh we'll
take from the rich people and give it to you. No,
they just the people in Latin America who say they're
going to take from the rich and give to the poor.
Take from the rich to become the rich. That's what
happens every time. That's the situation, that's the reality. So
(07:21):
you have these bad countries Russia, Iran, Cuba. Cuba is
getting oil and in exchange is sending security thugs like
like Maduro's security detailed Cubans. So they because they remember
they were trained by the KGB, and the one thing
the Cuban government is good at is thuggish repression. That's
the one thing they make sure they really know how
(07:42):
to do. So they're sending their Cuban thugs to Venezuela
to prop up Maduro. And then you've got the you know,
the Iranians and the Russians giving them you know, military
assistants and things like that.
Speaker 2 (07:54):
Whole thing's a total mess. It's a disaster.
Speaker 1 (07:56):
And now the Trump administration has said no, Mas.
Speaker 2 (08:01):
Enough is enough.
Speaker 1 (08:02):
I'm gonna get into what that could mean here in
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Speaker 2 (08:10):
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Speaker 1 (08:11):
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now we're blowing.
Speaker 2 (09:06):
Up the boats.
Speaker 1 (09:08):
We're blowing up the boats because we want to stop
them from killing Americans with the fentanyl that they carry.
We want to put the drug cartels everywhere, including Mexico,
on notice that we're not playing games anymore. And also
it is exposing the reality of the Venezuelan narco state,
which is the only way that that place, the only
(09:30):
way that that thug Maduro can stay in power, is
if they're selling drugs to kill Americans. Because, as I said,
the oil industry there is down dramatically. So let me see,
You've got exports of plungs like thirty percent. Chevron's license
(09:52):
to export was yanked back in May of twenty twenty five,
so they're way down in their oil exports, and that's
what they need to to pay for everything the state does.
They really don't have an economy beyond oil and drugs,
so you're seeing what's going on there. But yeah, I mean,
(10:12):
Venezuela's just turned into Cuba with oil. It's really what
has happened, and we're tired of it. So the Trump
administration is now blowing up these boats. Pete Heg's at
Secretary of War is blowing up these boats. Here's what's
gonna happen. They're gonna get more desperate. Trump has said
that you have to have that, that Maduro has to leave.
Speaker 2 (10:32):
Now.
Speaker 1 (10:32):
I think that was today. Was actually I'm talking to
you on Friday, December fifth here listening over the weekend.
I think by today was the deadline. So we may
see some updates on this, but he said Maduro has
got to go. So you've got a guy who has
a fifty million dollar bounty on his head, is running
a narco state. We're blowing up. Remember why it's so
important Venezuela for those drugs to be sold in the
(10:57):
US market and not go through the Mexican cartels who
are gonna just you know, they're they're controlling the trade.
They have their own fentanyl that they're making. So this
is why the boats are still a thing, because they
got to run though those boats into usually intermediary countries,
a little kind of tin pot dictatorship, not dictator ships,
but a little sort of poor, poor, sad countries in
(11:19):
the Caribbean. You know, the kind of countries you go
to on vacation, but like if you actually leave the resort, you're.
Speaker 2 (11:24):
Like, oh gosh, this place is in rough shape.
Speaker 1 (11:27):
They will stash the drugs there for a bit and
then they'll try to bring them into the US from there.
Transshipment point, I believe, is the term they use. So
the reason they've got to take them straight here is
because they've got to cut out the Mexican cartels. So
hitting these boats is strangling the cash that the drug
(11:47):
cartels need, that the drug Cartel of Maduro needs to
stay in power. And trend to Arragua is really just
now the Venezuelan governments. Now they say there's arguments about
how involved with the trend.
Speaker 2 (11:59):
Of Aragua they are.
Speaker 1 (12:01):
It's a narco state doing illegal stuff. He's got fifty
million dollars bounding on his head. Trust me, he's using
trend to Aragua as muscle. They're moving the product. It's
all tied in together. So Ragua is a region I
think trend is trained. Aragua is a region in Venezuela.
I think there was a big prison there or something,
and it's a prison gang. It's a prison gang sort
of like MS thirteen, but in this case, which I
(12:22):
think was founded in America, but it's become this transnational cartel.
Speaker 2 (12:27):
So we're blowing up their boats.
Speaker 1 (12:28):
Which is gonna put a lot of pressure on them,
and if Maduro steps down, you could have an opposition
take over.
Speaker 2 (12:33):
Here's the question or the problem that a lot of
people have.
Speaker 1 (12:36):
We don't want to get involved in a rebuilding effort,
and we certainly don't want US troops on the ground
in Venezuela. I'm gonna tell you this right now. I
don't think we need to do that. I don't think
we will do that. I don't think we want to
do that. But just continuing on with this pressure campaign
is likely to be enough to bring down the Maduro regime,
which also would put tremendous pressure on the Cuban regime.
(12:57):
We don't want a communist, lunatic South America, Latin America
on our periphery. We actually want to bring these countries
into international norms, capitalism, the West, whatever you want to
call it. We want them functioning like normal places. We
want them reforming the extreme corruption that they have. And
(13:18):
the people of Venezuela have been made so miserable by
the idiocy of Balivarian socialism that maybe going forward they
won't make the same mistake, at least for a generation
or two. One would hope. So that's what I see
happening here. I think Trump is on the right track.
I think Secretary of State Rubio and Secretary of War
Hegxt they know what they're doing and we shall see
(13:42):
if they're able to without boots on the ground, without
being involved in the coup.
Speaker 2 (13:48):
Just a pressure.
Speaker 1 (13:49):
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Venezuela deep dive.
Speaker 2 (14:47):
She'll tie