0:01 Well, a friend of mine said it was kind
0:02 of a moment of sobriety
0:05 from an alcoholic that had decided this,
0:10 you know, and I think that's what it
0:12 turns out to be. I'm not sure
0:15 any of it was was ever really serious.
0:18 If you go back to that memorandum of
0:21 that was effectively
0:23 an agreement that gave the Iranians
0:25 virtually everything they wanted.
0:28 uh it I wouldn't call it a surrender
0:30 document. I would simply say what they
0:33 fought the war for is what they get. We
0:36 on the other hand were not necessarily
0:38 going to profit in any particular way.
0:40 We in other words we saw no strategic
0:42 gain from it. At least Donald Trump
0:46 And you know he's one of these people
0:48 that keeps talking about you've got to
0:49 open the straight, open the straight.
0:51 Open the straight. He fails to point out
0:53 that the straight was open until we
0:55 attacked Iran. So, you know, let's get
0:58 the straight open, Donald. I agree with
1:00 you. And let's not worry so much about
1:01 the rest of the stuff. But
1:03 unfortunately, he's not a free agent.
1:07 So, let let me let me give you some
1:08 points that I think your your listening
1:10 audience will appreciate.
1:13 Point number one is the Iranians do not
1:15 trust Donald Trump. Uh they have no
1:18 confidence in anything he says, no
1:21 confidence in the stability of his
1:23 decisions. That's very important.
1:26 Secondly, international investors. You
1:30 know, we're talking about people that
1:31 are in the business of financing
1:34 uh things like refineries,
1:37 uh oil infrastructure, mining, and so
1:40 forth. Uh they have no confidence in
1:42 Trump's ability to reestablish stability
1:45 in the region. They see the Middle East
1:48 uh as a place where they will not invest
1:51 or, you know, lend money until they're
1:55 absolutely certain that there will be no
1:57 more war. So when he talks about, well,
2:00 we're going to have this agreement and
2:01 it's going to be so good and we're going
2:03 to win and after we win everything's
2:05 going to be better, nobody believes
2:07 that. So, you're not going to see any
2:09 oil or gas infrastructure
2:12 uh rebuilt uh until I would argue the
2:15 United States and Donald Trump are
2:17 effectively marginalized or completely
2:21 Trump represents instability right now.
2:25 Investors and leaders believe Trump will
2:27 ensure endless destruction from endless
2:29 wars. And that means if you're in
2:31 finance and business, endless losses for
2:35 financeers and investors.
2:38 Now the situation today is much worse
2:40 than it was when he signed the
2:42 memorandum of understanding.
2:45 The continuation of the war as he's
2:47 waging it right now, which is
2:48 escalating, Darl, is going to lead to
2:51 oil price increases, something which
2:53 he's been able to suppress by
2:55 manipulating the markets and Wall
2:56 Street. So I think in a couple of months
2:59 we're looking at $150 a barrel and it
3:02 could go much higher. Th this means that
3:05 we're also looking at a massive global
3:07 downturn which the United States that
3:10 given its incredible debt uh may not
3:13 recover from for 20 years. So I think
3:17 those from your standpoint, from people
3:20 in in Vancouver, from people in Canada
3:22 who invest and want to know where is the
3:25 market going to go and what's what's
3:26 going to happen, what will or won't
3:28 work. I think those are pretty grim
3:30 points, but I think they're the truth.
3:36 one another point of confusion like I
3:38 mean we just got to work through this
3:40 confusion that that that I got dug. Um
3:44 there was multiple times it was stated
3:45 that we won the war. We won. We won. We
3:49 won. You know, and it I mean obviously
3:52 if you know Iran is u uh you know
3:55 bombing nearby nations, two US military
3:59 troops were killed. Um and then I just
4:02 read a headline earlier that the
4:03 Pentagon knew that over 100 US soldiers
4:06 were injured in in um in these attacks
4:13 you know, it doesn't seem like we we won
4:15 anything if if we're still actively, you
4:18 know, bombing. We're still actively
4:20 putting in the blockade and such. And
4:22 so, you know, I mean, it's some people
4:27 may be more delusional if they're if
4:29 they're believing that, you know, and
4:31 not to insult anybody, but it's just
4:33 like if if we won, then we shouldn't
4:35 still be in this position, right?
4:37 >> Oh, no. You're 100% correct. This is not
4:40 the first time in American history we've
4:42 been through this. A lot of people today
4:45 do not realize that Americans over in
4:47 overwhelming numbers opposed our entry
4:49 into World War I. Uh that was a very
4:53 difficult problem for Woodrow Wilson and
4:55 his friends and the banking system to
4:56 drag us into that war.
4:59 He managed to do it obviously and uh we
5:02 had a similar problem at the end of the
5:03 war. He kept saying well we won and
5:06 people said well how's how is it that we
5:08 won? what did we win? And his argument
5:11 was we're making the world safe for
5:12 democracy. Of course, which is, as you
5:14 would say, there's an eight-letter word
5:16 for that. And it was complete nonsense.
5:19 Uh, and we lost a thousand dead in every
5:22 battle that we fought in. We only fought
5:24 for 110 days. So, imagine that, a
5:27 thousand dead in each battle. By the
5:29 way, we did not tell Americans at home
5:32 how many men we were losing as we lost
5:34 them. We slow rolled it. You know, by
5:37 the time the war ended, we had 318,000
5:40 casualties and 110,000 dead. We did not
5:44 advertise that. We we slow rolled it.
5:47 And there were a lot of unhappy people.
5:49 And people said, "What did we win?"
5:51 Well, we defeated Germany. All right.
5:53 So, what's that mean? Well, Germanyy's
5:54 now a democracy. We created all these
5:56 little states all over Europe. They're
5:58 all democracies. Uh-huh. And what about
6:01 the Soviet Union and bullshism? Oh,
6:03 well, you know, that'll work out. You
6:06 know, we we we've been down this road
6:09 before. Now, this time, I think Donald
6:11 Trump's in the worst of all possible
6:14 He started the war and said, "We've got
6:18 to affect regime change. We got to get
6:20 rid of this regime. We got to a new have
6:22 to have a new government that will work
6:24 with us." Okay, that failed. And people
6:27 said, "Well, if that failed, what are
6:29 you going to do?" Well, we can't let
6:30 Iran have a nuclear weapon.
6:33 Okay, so what are you going to do? Well,
6:35 we're going to bomb. Well, how's that
6:37 gone? Well, that hasn't worked. Well,
6:40 what are you going to do now? Well, I'm
6:41 going to destroy Iran. Remember the
6:43 statement, civilization gone in a night.
6:45 I mean, only a complete
6:48 >> like, praise, praise be to Allah, and
6:50 some other stuff. Hey, here.
6:52 >> Uh, only a complete lunatic would make
6:56 And now, where are we? Well, suddenly
6:58 it's all about the Gulf. Got to reopen
7:01 the Golf. Reopen the Golf. Reopen the
7:02 Gulf. Okay, how's that going? Well, it's
7:07 not going very well. You sign thisou and
7:09 you say they broke theou. In reality,
7:12 they didn't do anything they said they
7:15 They were going to control the Gulf and
7:16 they were going to tell people where
7:17 they had to move. We tried to circumvent
7:20 that and move them through a different
7:21 corridor. That provoked the Iranians.
7:25 But I think the real goal was to get the
7:27 war started again because the real goal
7:30 at this point is to destroy Iran. Now
7:33 what do I mean by destroy? You want to
7:35 so completely weaken the government, the
7:38 central government and the society that
7:41 Iran breaks up into smaller fragments or
7:43 pieces. This has always been the western
7:47 goal in Ukraine against Russia. You
7:50 know, nobody cares about Ukraine.
7:52 Ukraine. Ukrainians are people we just
7:54 use like tissue on the battlefield.
7:56 They're the cannon fodder and we keep
7:59 providing them with whatever we think
8:00 that we can get them that that creates
8:02 the illusion they're still alive out
8:04 there. And they managed to do some
8:06 serious damage. They reduced the uh
8:08 refining capacity at least temporarily
8:11 by about 38% through some of their
8:13 unmanned strikes. Hasn't changed the
8:15 war. doesn't make any difference on the
8:17 battlefield, but you know, it creates
8:19 the illusion of something in the hopes
8:21 that more people will throw money away
8:23 uh on the war with Russia. So, that war
8:26 has failed. Well, the same goals are now
8:28 in effect with Iran. So, you had to get
8:31 the war started. We found a way to do
8:33 it. We blame them for breaking theou
8:37 have to remember in the United States
8:39 you have I would say at least 25 to 30%
8:43 of the population is willing to believe
8:45 anything you say that is bad about not
8:47 just Iran but Islam in general and
8:49 Muslims in general. So that's helpful to
8:54 But the people who are really behind all
8:55 of this are are people who support what
8:58 we call the Israel lobby. And the most
9:01 prominent members are these Zionist
9:04 Jewish billionaires, some group of them,
9:06 several of them, enormous quantities of
9:08 money with which over the years they
9:11 have been able to purchase the United
9:13 States government for use.
9:16 Now, what about the rest of the
9:17 population that doesn't fall into that
9:19 uh almost 30% that I mentioned? Well,
9:21 they don't want anything to do with a
9:22 war in the Gulf. They're opposed to it.
9:25 And I think if you look at the polling
9:26 data that comes through, the last time I
9:28 looked, it was something like 73%
9:31 of Americans questioned said we should
9:33 be out of the Gulf. Well, more than that
9:35 opposed World War I. Didn't make any
9:37 difference. We were still dragged into
9:39 the war. Right now, simply because most
9:42 Americans don't think we should be
9:43 involved in the Gulf doesn't make any
9:46 difference. Why not? Because the people
9:49 paying for everything are the the
9:52 billionaires that support the Israel
9:54 lobby. And the Israel lobby wants one
9:57 thing, the destruction, dismemberment of
10:00 Iran because they're in the business of
10:02 establishing the supremacy and hegemony
10:06 of the Jewish state over everyone
10:08 everyone and everything in the region.
10:11 They are linked to enormously powerful
10:13 financial interests. They want to take
10:16 over the resources just as they wanted
10:18 to take over the resources that are now
10:20 sitting under Russian control in eastern
10:22 Ukraine. They want to take over the
10:23 resources the oil fields and so forth
10:26 that Iran possesses. They've effectively
10:30 humbled the Arabs and beaten them down
10:32 to the point where the Arabs will do
10:34 almost anything they tell them to do. So
10:36 the last man standing in the region at
10:38 the moment is Iran. and Iran will not
10:41 submit to Israeli demands.
10:44 Now, there's another major player that
10:46 could be just as challenging, if not
10:48 even more so, than Iran, and that's the
10:54 The Turks are an immensely powerful
10:56 state, but their leader has chosen to
10:59 straddle defense in an effort to benefit
11:01 in terms of territorial expansion and
11:05 financial uh strength from all sides.
11:09 How long will that go on is anybody's is
11:11 anybody's uh guess. I suspect at some
11:15 point that will end and and they will
11:16 turn on the Israelis. But right now Iran
11:19 is staying staying the course. It's
11:22 maintaining its sovereignty, its
11:23 independence against us and Israel. And
11:27 we are really muscle for the Israeli
11:30 program. You remember all these mafia
11:31 movies? They'd say, "Well, come on,
11:33 Tony. We know you're not really muscle.
11:36 You're not one of the muscle guys. So
11:37 talk to us." Okay, we're the muscle. The
11:41 question is how long can we do this?
11:43 Well, we've got two big problems. I
11:45 talked about one of them at the
11:46 beginning here, the the financial issue.
11:49 Uh we've printed about all the money we
11:51 can. If you look at our bond market, our
11:54 10year, which is usually seen as the
11:56 bellweather of of serious crisis,
11:59 is at about 4.5 4.6%.
12:04 Most experts in the bond markets say
12:06 that if we hit 5% in the 10-year bond,
12:10 our entire financial structure will
12:13 >> That's one constraint. Second
12:17 We have we only have so many missiles,
12:20 you know, and we're running out and we
12:23 can't manufacture them fast enough to
12:25 keep up with the demand for the war. The
12:27 Iranians, on the other hand, they've put
12:29 everything into manufacturing. They've
12:30 put it underground and they can turn out
12:32 missiles and unmanned systems at a much
12:35 higher rate, much greater speed than we
12:37 can. And behind them stand preeminently
12:43 China is heavily invested in Iran. It
12:45 buys most of Iran's oil. In addition to
12:47 that though, Iran is a key player in the
12:50 Chinese belt and road. This is the
12:53 structure of transportation and commerce
12:56 the Chinese and the Russians have
12:57 collaborated on across Central Asia. so
12:59 that you would be able to effectively
13:01 move goods from Shanghai overland all
13:04 the way to WashU on the west coast of
13:07 France and then from there to the United
13:09 States or anywhere else in the Western
13:11 Hemisphere and do it very quickly and
13:14 less expensively. So they they're
13:16 invested there, but they also see
13:18 something else. Remember, we have
13:20 imprudently threatened the Chinese on
13:24 uh especially about Taiwan and the
13:27 Chinese are not interested in that. We
13:30 have the Shanghai communicate which we
13:32 signed in 1973 that said Taiwan is part
13:34 of China. End of story. And everybody's
13:37 accepted that until we got to Joe Biden
13:40 and now Donald Trump. So the Chinese are
13:44 saying, "Well, there's there's no
13:46 interest on our part or incentive on our
13:48 part to try and broker a quote unquote
13:50 deal with the United States if that
13:52 means the United States turns around and
13:54 tries to attack us." And the good news
13:57 for the Chinese that all of the
13:59 technology that they would rely on in a
14:01 war against us is performing brilliantly
14:04 against us in Iran.
14:07 >> So you you put all of this together,
14:09 it's a pretty grim picture right now.
14:10 we're not going to win anything. And I
14:13 think asking that question right up
14:14 front is key. Well, what the hell are we
14:17 winning? And nobody can really tell you
14:19 that. Well, we're making Israel great
14:20 again. I mean, that's some people laugh
14:23 and say that, you know.
14:24 >> Yeah. Yeah. Yeah. Very, very interesting
14:27 points there. And I mean, appreciate you
14:30 laying it out in that way. Uh, so I'm
14:34 kind of curious about the So, the issue
14:37 of nuclear weapons come up. I I think I
14:39 think um when Trump had told uh Congress
14:43 like uh Iran cannot have a nuclear
14:46 weapon and meaning if Congress stood up
14:49 to in support and such. Uh, and so I I
14:52 began looking at the joint comprehensive
14:54 plan of action cuz I'm I'm not a Obama
14:57 apologist, but you know, when um Trump
15:01 criticizes Obama's um you know, deal,
15:06 you know, it's it's pretty pretty
15:07 interesting because when I was looking
15:12 um this is from the International Atomic
15:17 So, we see that the uh deal was signed
15:20 in um about 2015 going into 2016 and the
15:26 stock piles of enriched uranium fell off
15:29 a cliff and then it continued that way
15:32 until the US left the agreement back in
15:37 20 I think it was 2018 around that time
15:39 and that was when Trump was president.
15:41 since uh we left that deal uh the
15:44 increase in the stock piles of enriched
15:47 uranium has continued to go upwards. Um,
15:52 and so it's interesting to hear Trump
15:56 criticize Obama for the deal when the
15:58 deal actually, according to, you know,
16:01 this data point, actually reduce the
16:04 enriched uh uranium significantly and
16:07 then he took us out and then now we're
16:09 now we're back to where we were prior to
16:12 uh the original deal. uh what's your
16:14 assessment of this like you know um is
16:19 you you know just what's your assessment
16:20 of it I don't even know how to frame it
16:24 >> I understand completely and I think that
16:28 picture that you've shown everybody is a
16:30 very good one we need to understand that
16:34 when the American government embarked on
16:36 discussions with the Iranians under
16:38 President Obama the goal was to find a
16:44 one-way street to nuclear weapons.
16:47 Uh the Iranians were receptive because
16:52 concluded it made more sense for them to
16:55 become and remain a nuclear threshold
16:58 state than it did to become a nuclear
17:02 armed state. In other words, we're going
17:05 to enrich uranium to a certain level,
17:08 20%, 30%, 40%, whatever. And this is
17:12 going to be for industrial, internal,
17:14 and medical use only.
17:17 And they always knew and we knew that
17:20 they would still be able in a in an
17:22 emergency or a crisis to enrich it to 90
17:25 plus% to to create plutonium. Plutonium
17:29 being the critical component of a
17:31 nuclear weapon. That's enriched uranium.
17:33 Highly enriched uranium. We call it
17:37 But we said fine, that works for us. We
17:39 set up a a system that allowed
17:42 international monitoring so that if the
17:45 Iranians decided that they were going to
17:47 press ahead and start ramping up, we
17:49 would know about it. And the Iranians
17:53 basically said to the Trump
17:54 administration, who walked away from
17:56 this, well, if you're walking away from
17:58 the agreement, we have no choice but to
18:02 enrich uranium to a point where if we
18:04 have to, we could conceivably build a
18:06 weapon. However, the Supreme Leader at
18:09 the time whom we recently assassinated
18:12 along with his whole family had stated
18:15 that it was fundamentally immoral and
18:18 illegal for Iran to have nuclear weapons
18:22 and the Iranian state followed that
18:27 He is gone. His family was killed. his
18:30 son has succeeded him I guess and there
18:33 is now talk inside Iran of potentially
18:36 building a nuclear weapon. Now why would
18:39 they want to do that? Well, I think it
18:41 has something to do with the relentless
18:44 unending attacks of uh Israeli and
18:47 American armed forces on Iran
18:50 because the lesson historically that was
18:52 learned back in 1991
18:55 was if you don't want to end up like
18:57 Saddam Hussein, you really need a
19:00 nuclear weapon to deter the Americans
19:02 from attacking you.
19:04 We we didn't face a nuclear threat in
19:06 Iraq. So, we could use our high-end
19:09 conventional dominance.
19:11 Well, if you have a nuclear weapon,
19:13 suddenly your high-end conventional
19:15 dominance is no longer a guarantee of
19:18 victory because you could suddenly lose
19:21 great quantities of people and equipment
19:23 to a nuclear strike. I can't predict the
19:26 future. I'm not Nostradamus,
19:28 but I think in retrospect, we can say
19:30 first of all, it was a very serious
19:31 mistake to end that agreement. That
19:34 agreement may not have been perfect, but
19:35 worked. The problem is it was always an
19:38 Israeli talking point. The lobby opposed
19:41 it. The lobby didn't want an agreement
19:44 because the lobby wants the destruction
19:47 of the regime and ultimately now the
19:50 society and the state. That's as far as
19:53 the Israelis are concerned and their
19:55 Jewish billionaire backers in the United
19:57 States. Israel cannot exist in the
20:01 region if there is a powerful nuclear
20:07 >> Okay. So, could this end in like a
20:11 nuclear disaster? Do you think Trump has
20:14 the I guess coones to like to like nuke
20:19 Iran or something like that? Could this
20:21 get as bad as that? Well, as ir as
20:24 irrational and emotional as he often is,
20:27 I do think he understands that the use
20:29 of a nuclear weapon would be
20:31 catastrophic for the world. Now, why is
20:36 if he or the Israelis or the Iranians or
20:39 anybody else used a nuclear weapon, that
20:42 would end the widely accepted, almost
20:45 universal consensus that nuclear weapons
20:48 are off the table for anything other
20:52 defense of national territory.
20:55 That's very important because that was
20:57 what the Soviets agreed to. That's what
21:00 we agreed to in fundamental terms. We
21:03 will not use a nuclear weapon against
21:04 each other. We will confine our use of a
21:08 nuclear weapon if it becomes necessary
21:11 to the defense of our homeland. That's
21:15 If we were to use one over there against
21:17 Iran, we're no longer defending our
21:19 homeland. Of course, we're not defending
21:21 our homeland as it is, but we're now
21:24 legitimating the use of a nuclear weapon
21:27 for purposes other than homeland
21:31 So, I don't think I don't think
21:32 President Trump will do that. I I hope
21:34 I'm right, but you know, all things are
21:36 possible. I worry much more about the
21:41 because they have various programs, one
21:43 of which is called the Samson option,
21:45 that effectively say if we think someone
21:47 else in the region has a nuclear weapon
21:49 or we could be nuked, then we will
21:51 preempt and we will nuke them.
21:55 Uh, I I hope not because I think that
21:59 would spell the end for Israel. Israel
22:00 is a very small state. If they were to
22:03 use such a weapon and there was a
22:04 nuclear response, which I think they
22:06 could almost certainly reckon with, that
22:09 would be the end of Israel.
22:11 Now, would the Iranians use a nuclear
22:13 weapon if they have it? I don't know. I
22:17 don't think so. I have heard rumors on
22:20 the internet that the decision makers in
22:23 Tyrron are discussing
22:25 uh the use of a nuclear device as a
22:30 somewhere down in the open deserts of
22:32 southern Iran uh a small nuclear
22:35 detonation just to demonstrate to
22:37 everyone we have it
22:39 on the assumption that that'll scare
22:41 everyone off. And my argument against
22:44 that was very simple. If you do that,
22:45 you make it inevitable that the Israelis
22:47 will strike you because they'll say,
22:49 "See, there's a nuclear weapon. To
22:52 survive, we have to strike Iran."
22:55 That would be catastrophic. And I don't
22:59 such an action would not result in the
23:01 inevitable uh intervention into the
23:05 larger war by Russia and China and
23:08 potentially others.
23:11 Clearly, the Turks would then rapidly
23:14 gain access to a weapon from Pakistan.
23:17 No doubt in my mind. Then Israel would
23:20 have a nuclear armed Turkey right on its
23:24 >> So, you know, my my advice, and that has
23:27 been from the beginning, Darl, President
23:33 >> There is no good military solution to
23:37 Don't waste any more time. We don't live
23:40 in the region. We just don't live there.
23:43 We have demonstrated that we cannot
23:45 protect the the partners that we have in
23:48 the region. The United Arab Emirates,
23:53 uh you know, Saudi Arabia. We can't. Uh,
23:57 and that's what the Iranians have
23:58 demonstrated to their their friends on