75 years ago today, on this day in history, the Korean War was officially launched. President Donald Trump was sworn in as president of the United States, and his first press conference was a firecracker of a press conference.
00:01:00.000In Korea, United Nations troops push on in the cautious advance against the Communists.
00:01:13.000An advance whose purpose, General Ridgway states, is not to seize ground but to wipe out the enemy.
00:01:19.000The Chinese Red Army, fighting desperately in small isolated stands,
00:01:24.000prefers to give ground on wider fronts rather than join battle.
00:01:28.000And it's up to the infantry to clear out the pockets of die-hard Communists.
00:01:35.000With the enemy falling back to the Han River,
00:01:38.000United Nations commanders had expected that the Reds would make their stand there.
00:01:43.000But under a steady withering barrage, GIs are able to cross the river and establish a beachhead.
00:01:49.000Within two hours, a pontoon bridge spans the Han,
00:01:52.000and United Nations troops and equipment pour across toward the capital city of Seoul.
00:01:57.000Moments later, Chinese Communists, prisoners, are being marched to the rear.
00:02:12.000Seoul, too, falls into United Nations' hands, this time not as a prime military target,
00:02:19.000but as the result of the clean United Nations sweep up the Korean Peninsula.
00:02:24.000The once proud capital of the Korean Republic is a mass of ruins whose able-bodied men have been carried off to forced service in North Korea.0.77
00:02:33.000Children and the aged are left to see the liberation of their city.
00:02:40.000Above Seoul, Mud and the Marines take over.0.92
00:02:48.000For once, the Marines almost meet their match as spring thaws slow down the United Nations' push.
00:02:54.000The Marines came back into action only recently from the Hongnam B-10.
00:02:59.000Despite obstacles, United Nations' forces drive on to the 38th parallel border of North Korea.
00:03:09.000This is the primal scream of a dying regime.
00:05:16.000And if you actually looked at what they were spending, it was on climate change and women's health care and just everything but combat arms.
00:05:23.000Everything about anything but interoperability maneuvers had to actually work as an alliance.
00:05:50.000We did a preamble to the show a cold open.
00:05:52.000I know you couldn't see it, but it was about the Korean War.
00:05:55.000We couldn't play it this morning because we covered for the first hour President Trump's remarks and his amazing press conference.
00:06:02.000I know you've got a lot of thoughts on this, on burden sharing and being an ally.
00:06:06.000What do you take away from President Trump's trip to the Netherlands for the two-day summit, sir?
00:06:12.000Well, Steve, it's great to be with you, by the way.
00:06:15.000I think it's pretty remarkable that, you know, I consider myself a realist, right?
00:06:20.000And I think you view the world similarly.
00:06:22.000And it's really kind of coming of age now.
00:06:24.000We're moving away from this sort of neoliberal, this neoconservative, this kind of Wilsonian view of the world where so many of the foreign policy blob in this town and permanent Washington think we could be everywhere all at once all the time.
00:06:37.000Like, if you believe in scarcity, we have to make decisions.
00:06:39.000What are the core interests of the United States of America?
00:06:42.000Clearly, the 21st century is going to be defined by who wins this great competition, us or China.
00:06:47.000So Europe has to step up in a much more meaningful way.
00:06:50.000So President Trump having that conversation with European leaders in, you know, 2017 and 2018, very different than the reception he got today, which I think is telling and why the election was so important in 2024.
00:07:04.000And I think I actually went to Munich, the security conference I had never been.
00:07:08.000And I went this February, J.D. Vance was over there, too, and, of course, delivered that really important speech about free speech.
00:07:14.000And I went over there to tell him not what these Europeans wanted to hear, but the truth, which is you need to step up.0.51
00:07:20.000Like, this dynamic that existed after World War II where we kind of had an umbrella of security, we had these ridiculous trade deals, all of that was to make sure that they could, you know, stave off Soviet communism.0.72
00:07:31.000Well, after the Cold War, we never really adjusted.
00:07:33.000And now is the time for that kind of adjustment from a foreign policy perspective.
00:07:39.000And then also on the trade side, which is why, you know, it's so important what President Trump's trying to do to rebalance the equation on trade, too.
00:08:02.000And the problem, of course, Europe has is they have an atrophied, you know, defense industry and the deindustrialization that even Germany now is experiencing.
00:08:39.000And what's the folks in Missouri's sense of all this?
00:08:42.000Well, I tell you, you know, we were in this kind of Ukraine debate, what, a year and a half ago, like more money for Ukraine.
00:08:49.000And I would say on the Senate floor, speaking out against the additional money was there's literally been no person in Missouri who's ever come up to me and said, you know what, Eric, we want you to go fight for another 60 or $80 billion for Ukraine.
00:09:00.000They just never came up, ironically, securing their border while we had a wide open southern border.
00:09:05.000So now, you know, I think that, again, this sort of realism view is kind of taking hold.
00:09:10.000And I think what President Trump, the most important thing, Steve, that happened, I think, in the last week, and I talked to President Trump to thank him because I was talking to him.
00:09:18.000I didn't want to get us dragged into some long protracted conflict in the Middle East.
00:09:24.000Now, a targeted, overwhelming Jacksonian sort of show force on a key strategic core national interest of the United States, that's one thing.0.86
00:09:33.000But I think his ability and the restraint that he showed in pivoting to peace and a ceasefire was really important because, trust me, there were plenty of people in this town who were wanting him to be, you know, more engaged and have more involvement and pull us in.
00:09:48.000And I think if we've learned anything from the last 30 years, which I hope we have, is that that's just not our role.
00:09:53.300We can't be the cop on the beat around the world.
00:09:55.780We've got a lot of problems here that we need to address.
00:09:57.840We still need to be, you know, sort of a dominant military, but overwhelming force only when it's in our interest and we're not going to have, we're not going to be, you know, nation builders around the world with this kind of wandering foreign policy that's dominated the last 30 years.
00:10:12.660By the way, our audience remembers because we played your, we played your speech in its entirety from the floor.
00:10:18.780And I think it's one of the big reasons, you know, Mitch McConnell's not majority leader, I think was your speech and a couple others that really, you stuck the landing.
00:10:25.100By the way, Missouri had a pretty big part in this, right?
00:10:28.000The B-2s that came out of Missouri?0.95
00:10:37.320Like, literally, if you cross a couple double yellow lines, they'll shoot you on sight.
00:10:40.520Like, it's like, you know, importantly so, right, because those B-2s are all there.1.00
00:10:46.180But to, you know, the deception, you know, having a couple go to Guam, meanwhile, the others were flying eastward.
00:10:51.720But to be in that cockpit for 30 straight hours, you know, no real signal intelligence, and to drop bunker-busting bombs on something the size of a wheelbarrow is pretty remarkable and very effective.
00:11:03.700And they effectively obliterated Iran's nuclear weapon ambition.
00:11:07.660So, yeah, kudos to the men and women who were part of that, white men.0.77
00:16:30.900Okay, to talk about politics and economics, national security.
00:16:39.060You know, President Trump had a great talk today about Secretary of War and EOB, that building we've shown you many times when the dignitaries are coming up,
00:16:46.500that kind of classical building that looks like it was built late in the 19th century.
00:16:54.420That was the Secretary of War's end-state at one time.
00:16:58.880And the older building, I think, was actually the War Department.
00:17:01.260President Lincoln spent so much of the Civil War in the telegraph office.
00:17:04.580But all these are kind of inextricably linked as we've talked about the convergence of these crises.
00:17:11.760And so what's happening in the Middle East, in the war, the 12-day war, and what's happening in Kiev,
00:17:19.540and President Trump today saying, hey, 7,000 casualties last week on the Ukraine side.
00:38:12.540His parents, his father, first of all, his branch, as Rahim went through today, the 12ers, are one of the most radical branches of all.0.99
00:38:20.120And his father is certainly a radical.
00:38:22.980And his formation as a young man was through this.
00:38:26.860And it's entering a big portion of young Jewish, progressive Jewish people voted for him.
00:38:31.520Also, you dropped another bombshell to be in the break.
00:38:34.560Are you saying he actually from some of the Orthodox neighborhoods?
00:38:37.820And the Orthodox, as folks know, have been the backbone in these Jewish communities of the Trump MAGA vote.
00:38:43.340Are you saying he's actually in some Orthodox neighborhoods actually voted for this guy?
00:38:48.180He pulled out some votes there, of course, which people were surprised about.
00:38:52.260And from the feedback we're hearing from those communities is that Cuomo just really had no get-out-to-vote operation.
00:38:58.880And his people showed up and were there.
00:39:29.500But the reality, just quickly, is the National Democrats who are calling him a star, well, then, honestly, they are going to own these crazy policies.
00:39:36.180And this is going to be a big issue for them politically.
00:43:10.540I realize for the Tel Aviv live-ins and all the town criers over at Fox News and the Murdochs and everybody that wants us to get sucked in.
00:43:18.900And the arms industry sucked into another war.
00:43:21.660President Trump's got enough on his plate.
00:43:48.920President Trump, you can see how he's touched today, saying 7,000 dead.
00:43:52.800So for all of those that support Israel and really support Israel, right, support Israel, not just any political group over there or government, it's time now really to pay attention.
00:45:42.080And it's accelerating at an accelerating rate.
00:45:45.500Look at what's happening in New York City.
00:45:46.820And we're going to spend a lot more time on that because, obviously, the financial capital of the world, also, it drives a big part of American politics.
00:46:07.540Birchgold.com, end of the dollar empire, Philippatrion team, we're all going down to the Rio Reset.
00:46:13.540I think Putin said that there was something today that Putin may not go because the arrest warrants from the ICC, not that they would arrest him in Brazil.
00:46:23.640I'm not too sure the senior guy is going to go.
00:46:25.760Their finance ministers are already talking about this situation with the Chinese and the Chinese trying to come up with alternative currencies.
00:46:33.740I don't know if it's going to have some sort of gold certificate backing, but we're going to play it up.
00:46:37.340But what you need to do is understand the debt ceiling, debt deficits, all of it, and the centrality of the U.S. dollar being the prime reserve currency in your life.
00:46:50.060The 10-year treasury, you ought to be checking that every day, and the centrality of the dollar being the prime reserve currency and how that makes your life better sometimes, but also pulls more commitments for the good old United States of America.
00:47:10.240It's not set up to make you the smartest person at the cocktail party or at the dinner party or sitting on the porch, maybe having an adult beverage, talking to folks or at the softball game, but you will get that, too.
00:47:23.640This is now taught in college finance courses, some big universities.
00:48:03.180Those are great questions that I get asked every day.
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