The Strait of Hormuz is a strategic passageway through the Strait of Persian Gulf between the Persian Gulf and the Indian Ocean. Iran has laid mines in the strait, and if they are not removed, the military consequences to Iran will be at a level never before seen before.
00:02:08.700And Steve and Jared, you literally saved the world from terrorism.
00:02:11.940destroyed some of those Iranian mine-laying ships in the Strait of Hormuz.
00:02:16.880Natasha, what more are you learning about the apparent destruction of those ships?
00:02:23.300Yeah, Anderson, so U.S. Central Command, along with the president and the secretary of defense,
00:02:27.600they began saying earlier today that the U.S. has begun taking aggressive steps to try
00:02:31.860to sink these Iranian vessels that are believed to be mine layers in the Strait of Hormuz.
00:02:37.700And that reaction started coming out in response to reports, including ours, that Iran has, in fact, begun laying some mines in the strait.
00:02:46.140And we should note that, according to our sources, this is not extensive mine laying at this point, a couple dozen in the last several days at most, according to one of the sources.
00:02:55.940But Iran still retains roughly 80 to 90 percent of those small boats and mine layers that it uses to lay these mines, according to one of the sources.
00:03:05.960and therefore it could feasibly continue to do so and lay hundreds of mines in the coming days.
00:03:11.220Now, President Trump has said that there are going to be serious military consequences for Iran writ large
00:03:16.080if they don't take steps to actually remove these mines.
00:03:19.960But the U.S. military also said today that they have destroyed about 16 of these mine-laying vessels.
00:03:26.040Of course, these are very small vessels operated by Iran's Islamic Revolutionary Guard Corps.
00:14:33.780The off ramp right now has to come from taking down, you know, the degradation and destruction of their military capability for force projection and for protection against their people.
00:21:14.640And here's what they looked like three days later,
00:21:17.640engulfed in flames after we struck them with a precision weapon.
00:21:20.640For years, the Iranian regime has threatened commercial shipping and U.S. forces in international waters.
00:21:26.640Our mission is to end their ability to project power and harass shipping in the Strait of Hormuz.
00:21:32.640From the air, we've achieved a concentration of air power with back-to-back waves of advanced fighters
00:21:37.640creating constant pressure on the enemy every single day.
00:21:41.640Our dominance is not a solo effort, it's a testament to the strength of our ironclad alliances.
00:21:46.640We continue to coordinate closely and effectively with Israel in this very large operation,
00:21:51.640and we are also coordinating and serving side by side
00:21:54.640with all of our partners in the Middle East.
00:21:56.640We're on a path to eliminating Iran's ability to threaten Americans and our friends,
00:22:01.640and we are achieving this through a combination of lethality, precision, and rapid innovation.
00:22:06.640Let me highlight a few examples, at least the ones that aren't classified,
00:22:10.640of how we are achieving lethal effects in entirely new ways.
00:22:14.640First, our warfighters are leveraging a variety of advanced AI tools.
00:22:20.200These systems help us sift through vast amounts of data in seconds
00:22:23.800so our leaders can cut through the noise and make smarter decisions faster than the enemy can react.
00:22:29.960Humans will always make final decisions on what to shoot and what not to shoot and when to shoot,
00:22:35.520but advanced AI tools can turn processes that used to take hours and sometimes even days into seconds.
00:22:42.280I continue to be impressed with all the branches of the U.S. military.
00:22:45.960The entire team is performing superbly.
00:22:48.120Strike operations from our joint force continue, as I've said.
00:22:51.120I assess that we are clearly exercising air superiority over vast swaths of Iran.
00:22:57.120We have the most integrated air defense umbrella in the Middle East, and our defensive operations from the Army, Navy, Air Force, Marine Corps, and Space Force teams are performing magnificently.
00:36:02.740Mark Caputo has a direct access pipeline from the White House.
00:36:05.540And I want to quote the headline is, Trump tells Axios there's, quote, practically nothing left to target in Iran.
00:36:13.540President Trump told Axios in a brief phone interview Wednesday that the war with Iran will end soon because there's practically, and there's a quote, practically nothing left to target.
00:36:23.020There's a little of this and a little of that, said the president.
00:36:25.740Anytime I want to end it, it will end, said the president during a brief five-minute phone call.
00:36:30.840why it matters. Trump is publicly signaling that the operations, the military objectives
00:36:36.620are, by and large, he believes, wrapping up. Now, this is what I said about the Israeli
00:36:44.240minister. Axios cuts right to that. Israeli defense minister Israel Katz said Wednesday
00:36:51.100that the war will continue, quote, without any time limit for as long as necessary until we
00:36:55.560achieve all the objectives and decisively win the campaign end quote and it goes on
00:36:59.960to talk about CENTCOM they they talk about the CENTCOM commander Brad Cooper's etc etc so
00:37:06.660President Trump saying there's little to continue to target it's kind of the Josh Hawley pitch from
00:37:12.980last night he's saying there's little to target um and that uh he can end this war at any time
00:37:18.160so I think we ought to stand by for that Eric Bolling uh and Joe I'm gonna get right back to
00:37:22.680on the bigger and more important fight about ai than even the military as big as that is uh
00:37:27.100eric iea just announced and and there we have the strategic patrolling reserve here in the
00:37:33.720united states of america there is another strategic patrolling reserve i guess spread between europe
00:37:39.400and asia i think we're part of it but just i don't know if we're a member or whatever but
00:37:44.260it's really their deal they've announced they're going to release 400 million barrels
00:37:49.160wall street and the markets are kind of skipping around on that you you take a more jaundice for
00:37:54.540you sir yeah steve a great catch on on the breaking news because i'll tell you what happened
00:38:00.920i was watching the oil marks i'm watching it right now when trump said i can end it anytime
00:38:04.840soon and he said you know there's nothing left to target oil dropped seven dollars a barrel
00:38:09.960immediately within a minute right and i'm watching i'm like this this people are going to get caught
00:38:15.200and smoked again on this it's now up that seven dollars back and another three dollars higher
00:38:20.960right now because look there's a lot of rhetoric going on both ways trump wants us to calm people's
00:38:26.760nerves down i mean that's so he puts these these missives out markets react but when you take a
00:38:33.200step back the 400 million barrels steve what is it a five or six days supply of oil if everything
00:38:38.420were you know stopped it's it's we talked about this over the last four days it's not an
00:38:44.400accessibility to crude oil. There's plenty of crude oil sloshing around. It's a dislocation
00:38:49.060issue right now. And the other thing is Trump had said, we're going to bomb you 20 times harder if
00:38:54.620you line the straits. And he wanted to be involved in whoever the next ruler of Iran was. If he's
00:39:00.520going to walk back on all that, then maybe this, he just doesn't seem like the type to do that.
00:39:04.780This is talk one way, it goes up one way, it goes down. Here's the bottom line.
00:39:08.980The only solution, the only smart solution, so we don't get into this predicament again, is the one that we've been talking about, you and I, right here on the show for the last four days, which, by the way, Susie Wiles now has, confirmed she has, and so has Pete Dexat, so he's going to send it to the right people.
00:39:24.580It's the one Trump walks away unscathed.
00:39:28.180America is never going to be dependent on another drop of foreign oil ever again, and our oil companies are going to love it the most.
00:39:34.840They won't have to raise prices that were – Steve, I guarantee $4 national average happens in America right now, even if peace breaks out tomorrow in the Middle East.
00:39:44.600I guarantee we will continue to go up for the next month to two months.
00:39:52.220Is that because of the speculative nature or is it companies hedging?
00:39:56.280why are we doomed? It's not doomed. As President Trump says, it'll pass. But why are we
00:40:02.400walk people through the logic of the structure of this market that'll eventually get us to $4
00:40:07.180gasoline? So don't blame the speculators. They're a percentage of the price, but not the biggest
00:40:15.220percentage of the price. The biggest percentage of price is exactly what you said. You have oil
00:40:19.160producers who hedge their production. So if they pull a barrel out of the ground at $40 a barrel,
00:40:25.140their risk is below 40 so they will short the futures market to make sure that anything below
00:40:29.88040 they'll make on the futures even though they're losing with the physical oil on the other side of
00:40:34.580coin refiners need to buy oil so they're going to run oil through their refinery they can't shut a
00:40:39.480refinery down if the price goes too high so they risk they have risk on the upside so they have
00:40:43.920the buyer so those two factions playing together are massive i'll give you a good example when the
00:40:50.060World Trade Center was bombed, got knocked down by terrorists. Lower Manhattan was devastated.
00:40:57.440The whole Lower Manhattan was gone. And I was there because our exchange, the World Trade Center housed
00:41:02.540the New York Mercantile Exchange, where I traded for 15 years. We were, no one in New York was
00:41:08.640allowed to go back in there besides the firemen. Well, day three, it happened on a Tuesday, by
00:41:13.420Thursday or Friday, the U.S. Navy was escorting us on a boat into the World Trade, into the
00:41:19.700lower Manhattan into our trading floor, which was still standing, the whole areas, because they
00:41:24.840needed to have that ability, those hedgers, the buy and the sell hedgers in the international
00:41:29.900market, they were fearful of a $500,000, $600,000 barrel of oil because speculators would take
00:41:35.560over. And so, yes, the futures market provides massive stability to the oil market, even in
00:41:43.000times like this where the oil market is as volatile as it's ever been.
00:41:46.560but the volatility we got to bounce but the volatility said even president trump the release
00:41:52.220of this axios piece it dropped seven bucks immediately then it clawed it back but just on
00:41:57.860the just on news or rumor or whatever this thing's all over the map right now all over the place
00:42:04.840that's because the every these speculative traders are the ones who are they can be right for a minute
00:42:09.920steve but they can't be right long term and unfortunately for a lot of them they probably
00:42:13.340got caught in that hole it called shorting the hole they were caught in the hole down seven
00:42:17.220dollars it shot back 10 from that low in a matter of minutes and it's right now again ten dollars
00:42:24.340higher than that low wow uh eric where do people go for your new show uh social media all of it
00:42:31.760you're on fire now sir is uh talking to us about uh what traders look at and traders are driving
00:42:37.860a lot of this so where do people go i've been doing this a long time steve this is uh i see
00:42:43.020dead people in oil markets and markets um i at eric bowling on social media everywhere x all of
00:42:49.060them uh facebook all of them at eric but the edge that picture right there is the is the new show
00:42:55.560and i love you steve for putting it up in a very busy news day i let you go but the edge is on
00:43:00.440youtube only so subscribe please eric bowling the edge thanks steve i appreciate your time
00:43:04.500no the the the audience loves if people signed up for it so thank you so much for joining us
00:43:09.540eric today early you want to hedge your risk how about home title lock uh 90 of your net worth
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00:44:50.160Our lives, children, from birth, will have an artificial intelligence as a companion that will learn them, that will instruct them, that will watch them, and will report back, one imagines, to the boss man in Silicon Valley.
00:45:06.940and so you have ai as a tool and ai as a teacher ai as a companion ai as a creature with a
00:45:16.480consciousness of its own more powerful more intelligent at least in the imagination of
00:45:23.620those pushing it than any human being and so you have ai as god what we need is a politic
00:45:32.180that is humans first and to get that we have to have a culture that is human first and at the
00:45:39.000deepest level a worldview that is humans first why should you put humans first why should you
00:45:46.220reach out and take hold of life and direct the future of life
00:45:52.640and i think that the deepest argument to be made is because you are a child of god you were made
00:46:03.460in the image of god and these systems are a perversion of that image and to hand power to
00:46:10.980those systems is a perversion and a dereliction of the duty and responsibility of human beings
00:46:18.080you're made in the image of light as a god and have the spirit of the holy spirit in you
00:46:27.000and remember as uh as jesus christ told us the only unforgivable sin is to blaspheme and mock
00:46:35.000the holy spirit unforgivable mortal sin said i can't help you which shocked the apostles and
00:46:42.520the disciples joe allen um you talk about where and folks we're going to be putting up information
00:46:49.020my getter account this is where you're going to get our grace mo elizabeth putting up information
00:46:54.140all day long about this war because we're in it now we're in it and we got to figure out how to
00:47:00.440win it um and we got to figure out how to bring this thing to a close but we're in it we're going
00:47:05.940to put out tons of information so that you can help form your own judgment that's what we need
00:47:10.960the war and posse will form its own judgment not to be dictated to by a bunch of people
00:47:14.500same way here we're in it and in fact the reason joe's starting humans first we're so proud of him
00:47:21.780is that not only are we in it the hour is late joe allen i'm gonna go back to humans first and
00:47:28.140amy kramer is going to join us what you guys are doing in florida but i want to here's what's
00:47:33.000concerning me this the accelerationists are winning and why because we're accelerating at
00:47:38.080an accelerating rate you have elon musk who shut down his safety department you have two of the
00:47:45.160other four so there's four frontier labs maybe throw in five with there's one more but let's
00:47:50.960say the four labs three of them are are signaling to people we're going to be at artificial general
00:47:57.160intelligence by the fall uh sir how late is the hour here that we're dealing with
00:48:05.380one thing is for absolute sure steve and that is that all four of the frontier labs plus meta
00:48:14.740if you want to tag them on there all of them want to create systems that have completely
00:48:21.820replicated every capability that the human being has and then to replace every human being
00:48:29.900on earth, economically, maybe socially. That is the goal. They used to talk about this in much more
00:48:38.460just explicit terms, kind of perverse terms. But now more and more, as people have started
00:48:45.500to pay attention, they couch it in terms of radical abundance or augmentation. If Denver
00:48:53.560will throw up just the two graphs that I sent, I think that this will give you some idea of
00:48:59.060not only what they want to see happen, but what's actually happening right now.
00:49:04.620The first one, if we can see the Center for AI Safety's AGI definition, if not,
00:49:11.200then I guess the audience can imagine it. We'll let the audience imagine it.
00:49:17.220So there are two studies that have been published recently that I think the audience should know
00:49:23.480about. The first is the definition of AGI, artificial general intelligence by the Center
00:49:29.380for AI Safety. And what they found was that the increases in capabilities of just GPT alone
00:49:35.680in reading and writing, in math, in knowledge, in reasoning, in memory retrieval show dramatic
00:49:43.300improvement, dramatic improvement. And what that also shows, it's not just one simple
00:49:49.300line, right? It's not one capability such as language processing. You're talking about
00:49:55.020mathematics here. You're talking about general reasoning abilities. I think that it's really
00:50:00.440important to understand that just because these systems are improving and basically kind of
00:50:05.280eating up the potential that human beings otherwise would have doesn't mean that they're
00:50:10.400going to succeed in creating a total human replacement. But what we know is that they
00:50:15.340want to. We know they have profound influence in corporate America. They have profound influence
00:50:21.300in the education system and in the hospitals. And they are at the moment deploying these systems
00:50:28.440all over all of these institutions and basically forcing people to use them. I'll give you a really
00:50:34.860good example someone gave me from a hospital, a hospital administration office. And in that
00:50:41.420administration office, there's a sign that says, think less, GPT more. And the whole notion is
00:50:50.000that we don't need you to make decisions. We need the machine to make decisions. And this is going
00:51:00.180to keep increasing. The more these guys have power and leverage over every institution in society,
00:51:05.640And the more they're buying off politicians through PACs, like leading the future, then the more we're going to see this crammed down people's throats and the more you're going to see actual replacement.
00:51:18.240So this is a completely different graphic that we're seeing here from the one I asked for in Denver, but it does show.
00:51:24.620Hang on. Hang on. Yeah. Hang on. Let's see. I want to get the graphics right.
00:51:31.360Let's get the graphics right. I'm going to hold you're going to stick around.
00:51:34.240we got amy kramer that's working with you at humans first we're going to get all of it get
00:51:38.960the graphics straightened up solomon's going to join us updates i think caroline renn's going to
00:51:43.760join us carl rove and that team is trying to do a sneaky move i know that shocks you around ken
00:51:49.200paxton it's not going to work dr jeffrey tucker on make america healthy again polling the facts
00:51:55.760why we have bobby kennedy cage why are we having the white house political director say we can't
00:52:00.480talk about mass deportations uh let me think about this for everything that president trump
00:52:04.600went on we're just supposed to not talk about i don't think that's going to work folks don't
00:52:10.660think that's going to work isaiah 21 6 go set the watchman that's joe allen what's happening here in
00:52:20.780artificial intelligence the most important thing out there is this inflection point with humanity
00:52:27.420with homo sapiens and it's upon us and the hour is late so go set the watchman joe allen a human
00:52:34.560first short break back for the second hour of war room which will be more on fire than even
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