Bannon's War Room - April 13, 2026


Episode 5295： Corruption And Cover Up; Trump Threats More Destruction In The Strait

Topics
blockade of Hormuz
Hosted by
Steve Bannon
Mentioned
Donald Trump Joe Biden Eric Bolling Steve Michael Atkinson Benjamin Netanyahu Fennell Alan Dershowitz John Roberts Scott John Brennan John Solomon Adam Schiff Kash Patel Joe Nicola Philip Patrick Elizabeth Mitchell Stephen K. Banff Stephen K. Mann Ayatollah Khomeini and 24 more
Episode 5293： War Enters The 6th Week Of The War; Trump Puts Naval Blockade On The Strait Of Hormuz Episode 5299： Live Coverage From Ireland Protests; Stopping The surge Of Foreign Born Workers

Episode Stats


Length

55 minutes

Words per minute

174.67

Word count

9,645

Sentence count

570

Harmful content

Misogyny

1

sentences flagged

Toxicity

6

sentences flagged

Hate speech

37

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

The Deep State is back at it again, and this time it's focused on the White House. As soon as President Trump was cleared on Russia collusion by Bob Mueller, the Deep State went right back to work. A CIA analyst filed a complaint that we now know, for the first time, was based only on hearsay evidence, and was based on a whistleblower who was caught lying, giving a falsehood to his intelligence community recipients. The people who received his whistleblower had clear biases, including that he worked for Joe Biden. And despite all that, they proceeded ahead and forwarded this allegation, which was unfounded and flawed, to Congress. And then that exculpatory evidence, that could have been used to defend the President, was kept from Congress.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 this is the primal scream of a dying regime pray for our enemies because we're going to
00:00:10.360 medieval on these people here's not got a free shot all these networks lying about the people
00:00:16.960 the people have had a belly full of it i know you don't like hearing that i know you try to do
00:00:21.120 everything in the world to stop that but you're not going to stop it it's going to happen and
00:00:24.460 Where do people like that go to share the big line?
00:00:27.720 MAGA Media.
00:00:29.180 I wish in my soul, I wish that any of these people
00:00:33.120 had a conscience.
00:00:34.540 Ask yourself, what is my task and what is my purpose?
00:00:38.360 If that answer is to save my country,
00:00:41.460 this country will be saved. 0.62
00:00:44.580 War Room.
00:00:45.540 Here's your host, Stephen K. Banff.
00:00:54.460 It's Monday, 13 April, in the year of our Lord, 2026.
00:00:57.900 We've got quite a day today.
00:00:59.340 Moments ago, a naval blockade at 10 a.m. Eastern Daylight Time.
00:01:04.060 It became enforced in the North Arabian Sea, in the Gulf of Oman.
00:01:08.720 Captain Fennell will be here momentarily to walk us through that.
00:01:12.160 Eric Bolling's going to talk about the markets, what's the market reaction to all this, and forecast on the economy.
00:01:19.220 We'll get to all of that shortly.
00:01:21.580 We have breaking news.
00:01:22.260 john solomon uh from just the news and uh one of our big shows here on real america's voice joins
00:01:28.060 us john you've got another breaking story this morning plus there's other information coming
00:01:33.120 out even as we speak yeah just just can you just go back let's do a level set of of what you're
00:01:39.480 breaking today and how it plays into what we've been talking about the deep state all these
00:01:44.160 investigations all these grand juries and what it means as additional information rolls out this
00:01:50.020 week, sir. Yeah, listen, at 30,000 foot, sometimes we look at all the different scandals of the
00:01:56.100 Democrats targeting President Trump and his followers and say, well, there's, you know,
00:01:59.820 there's Russia collusion, then there's Ukraine. It was one continuous operation. That is what
00:02:04.820 these documents made clear today. As soon as President Trump was cleared on Russia collusion
00:02:10.600 by Bob Mueller, the deep state went right back to work. A CIA analyst filed a complaint that we now
00:02:17.400 know, as of this morning, for the first time, was based only on hearsay evidence, was based on a
00:02:23.780 whistleblower who was caught lying, giving a falsehood to his intelligence community recipients,
00:02:30.120 the people who received his whistleblower, who had clear biases, including the fact that he
00:02:34.980 worked for Joe Biden, Donald Trump's likely rival in 2020. And despite all that, they proceeded
00:02:41.260 ahead and forwarded this allegation, these unfounded allegations from a biased and flawed
00:02:47.920 whistleblower to Congress. And then that exculpatory evidence, that evidence that the
00:02:52.280 president could have used to defend himself at the impeachment or the impeachment trial
00:02:56.460 was kept from the American public, was kept from Congress, does not look like even his lawyers knew
00:03:02.620 that. How does that happen? Well, you start with a whistleblower that's tied to Joe Biden. That's
00:03:07.360 with these documents that Tulsi Gabbard declassified at our request
00:03:11.160 and gave to us this weekend show, he was a Joe Biden sycophant.
00:03:15.000 He was actually on trips with Joe Biden to Ukraine.
00:03:19.400 He was an advisor to the president.
00:03:21.420 He disliked Republicans.
00:03:23.980 He made fun of Republicans and badmouthed them.
00:03:26.500 He didn't want Devin Nunes to see his complaint in Congress,
00:03:29.600 the then top Republican on House Intelligence.
00:03:32.460 So you have a biased partisan whistleblower
00:03:35.520 who then gives it to a deep state inspector general, intelligence community inspector general
00:03:41.040 Michael Atkinson, who then decides he's not going to tell Congress the full story about this
00:03:46.300 whistleblower. A few minutes ago, shortly after our story broke overnight, Tulsi Gabbard released
00:03:52.860 to the House Intelligence Committee some new evidence. It's the actual interview of Michael
00:03:58.460 Atkinson. Michael Atkinson is the inspector general who catches the whistleblower's complaint,
00:04:02.580 disseminates it to Congress and really kicks off the Ukraine impeachment or Russia collusion 2.0.
00:04:10.480 He did not tell Congress in his interview the full extent of what he knew and what was wrong
00:04:19.140 with the whistleblower. He didn't go into the biases or the Biden angle. All he said was he
00:04:23.560 was a registered Democrat, didn't give any more detail than that. There were really significant
00:04:27.940 details that people needed to make a judgment on his credibility before we tried to remove a
00:04:33.320 president from office. But that was kept by Atkinson. So these two actors, a CIA analyst
00:04:39.100 tied to Joe Biden and an intelligence committee inspector general, keep the public in the dark
00:04:44.960 and allow that scandal to burgeon without the evidence of exculpatory evidence, without the
00:04:51.380 evidence that would balance out the picture of who this man was and what was going on.
00:04:55.860 I interviewed Alan Dershowitz for this story. He was one of the president's impeachment lawyers in 2019. He was a Democrat at the time. He said, listen, in an adversarial justice system, which, by the way, includes impeachment.
00:05:10.300 Impeachment is a judicial proceeding in Congress. In fact, in this case, they were supposed to use the same rules that you use in federal court. They're called the rules of civil procedure.
00:05:19.380 It is incumbent on the government to give up all exculpatory evidence. And that didn't happen here, Alex. Alan Dershowitz said he said it was a travesty to justice, a travesty to the American people that the government, particularly Michael Atkinson and this whistleblower, hid this exculpatory evidence from the president, the American people, quite frankly, the Senate jurors and the House impeachment managers.
00:05:41.520 So that's where we are now. I expect a lot of developments in the next few hours on this story. I wouldn't be surprised if the name of the whistleblower eventually is released. And I also wouldn't be surprised if you start to see some actions taken based on these revelations.
00:05:56.000 The president or his team could go to the chief justice, John Roberts. Remember, John Roberts presided over the impeachment proceedings. He was the trial judge and say, hey, the Democrats, Adam Schiff, the chief prosecutor, cheated on this. Maybe you should consider erasing or reversing the impeachment.
00:06:15.500 You could also see the FBI or the new inspector general intelligence committee take a look at whether what Michael Atkinson did by withholding some of the six scope of the evidence, whether that is a problem, whether it's prosecutable, whether it's an administrative thing.
00:06:28.960 But I think you'll see some significant follow up to these revelations today.
00:06:35.260 So because just to pull the camera back for a second, you had you had Crossfire Hurricane trying to stop him beforehand.
00:06:45.500 you had the russia collusion hoax after he was in office and essentially that is obama in in this
00:06:51.900 coup that failing you had people seconded to the national security council this is why we tried to
00:06:59.180 bottom blow it so quickly you had people we had sergeant higgins give a memo with this whistleblower
00:07:04.700 his name is the top guy is here here's my point i know going to the chief justice and all that
00:07:09.660 but these are crimes these the deep state and the cia and other elements they 100 understood
00:07:18.240 what they were doing how they were doing it the people they were doing it with and it and it was
00:07:24.920 covered up right first of all the action itself is illegal then it was covered up in the media
00:07:30.600 msnbc the new york times all the reports that came up pulitzer i think there were two pulitzer
00:07:35.760 a prize given for this the washington post in the new york times this as you say this is the biggest
00:07:41.220 crime and it all it all rolls into the stealing of the 2020 election it's all of a piece so as
00:07:48.060 this comes out either a couple hours later or over the next few days and tulsi gabbard's doing i think
00:07:55.520 an amazing job of standing in the breach here and trying to do this john well who is going to take
00:08:01.060 the bit and say hey this is even bigger i think than the grand jury is going on by brennan this
00:08:08.220 is the single and it's all one continuous piece from a deep state that's relentless and they're
00:08:13.200 still relentless today because they have been held accountable who is the perfect person to
00:08:17.960 take the bit here and assist president trump in ridding us of of this process and ridding us of
00:08:24.500 these people sir yeah so i think the president has a team in place to do that i think he will
00:08:30.580 nominate as early as tomorrow Todd to be the next attorney general that will lock in an attorney
00:08:36.360 general that he trusts. He's got Kash Patel at the FBI who developed the grand conspiracy case,
00:08:42.600 and I want to walk through that in a second. And then he's got this pretty rugged team down in
00:08:46.720 Florida that's a really tough, well-trained, and well-experienced prosecution team that's
00:08:54.100 building the case. And the case goes like this. It's a wash, rinse, repeat cycle of abuse of
00:08:59.740 government power. Hillary Clinton has a Russia problem. They hang a fake Russia story on Donald 1.00
00:09:04.300 Trump and then turn it into a criminal investigation. Joe Biden has a Ukraine corruption problem. I
00:09:09.580 break those stories in The Hill in early 2019. They try to hang a fake Ukraine impeachment
00:09:14.900 scandal on President Trump, which results in both a criminal investigation of certain people
00:09:19.040 and impeachment of the president. In 2021, Joe Biden has a classified documents problem.
00:09:25.640 They go and create a classified documents investigation of Donald Trump.
00:09:30.380 And then in 2023, as it's 2022 and 23, as it's clear Joe Biden has a mental acuity problem, they ramp up Arctic Frost and try to create a criminal prosecution out of the president's speech, arguing that what was twice done before legally in the United States, submitting alternate electors to the Senate in a contested election, was somehow this time criminal.
00:09:52.260 That's the wash-rinse-peats cycle.
00:09:54.180 It's the same actors all the way through. You got Eric Swalwell. You got Adam Schiff. You got John Brennan. You've got this whistleblower who starts with Biden all the way back in 2014 and 15, and it's still going in 2019 and 20.
00:10:09.560 I mean, I think you're going to see a new attorney general, the current FBI who wrote the conspiracy case memo, and this team down in Florida really escalate their move towards a large conspiracy case.
00:10:23.920 I think you'll see in the next month two big things, a decision on whether to indict John Brennan for obstructing Congress.
00:10:32.460 That's a big name.
00:10:33.500 That's a big charge.
00:10:34.860 They're looking at some new evidence that came from the National Security Advisor, the President Trump, Mike Rogers, and possibly bringing new charges against James Comey.
00:10:44.200 There's a lot of activity on that.
00:10:46.180 And then when you start to get those people under indictment, you may make a deal.
00:10:50.200 Once you get one insider to flip, just like you do in the mob or the drug cartels, you then are able to put all the conspirators together in one big conspiracy.
00:10:58.300 That's the strategy, and that's what's playing out day in and day out in Florida right now.
00:11:04.120 Some new resources are being sent down to Florida, including a veteran prosecutor who has years of experience as an independent counsel and a U.S. attorney in earlier times.
00:11:14.560 They're beefing up the House in Florida to go big on this investigation.
00:11:22.280 This, folks, when you talk about Watergate, it's a second-tier burglary.
00:11:27.700 I mean, Nixon was right.
00:11:28.640 But they removed him by the same type of lawfare.
00:11:33.600 Jeff Shepard lays it out with Sirica, the house, all of it, which is the foreshadowing of this.
00:11:38.840 That's the reality. But it's tiny compared to this.
00:11:42.040 This is a to quote in the 1950s McCarthy, a conspiracy so vast.
00:11:47.540 That's why you need a couple of very smart people that can hold the narrative as they pursue the prosecutions, because they're going to try to dissipate the power of this.
00:11:57.180 And for the president, this could be his most lasting of everything he does.
00:12:01.160 The most lasting legacy is the shattering of the deep state because they understood from the beginning what a threat he was to the system.
00:12:10.300 Were they not, John Solomon?
00:12:13.700 That's what it was. Everything as as Alan Dershowitz wrote in his book, it was all about getting Trump.
00:12:18.520 They had to stop Trump because he was a threat not only to the way business was done as usual in Washington, but he was a threat to the Democratic Party.
00:12:25.260 He peeled away core constituencies of the Democratic Party, Hispanics and black males and working class and union workers, and they had to stop him because he could crush the monopoly that the Democrats had over their constituencies for 50 years.
00:12:40.260 And so it's a 10 year conspiracy. When you look at it, there are dozens of common players across the four wash, rinse, repeat cycles.
00:12:49.420 And there are more than a thousand victims that I've been able to put together on a list.
00:12:53.540 More than a thousand people had their civil liberties violated, had their privacy intruded upon, even though they were always innocent.
00:13:02.420 They never did anything wrong, but their phone records were taken. Their lives were turned upside down. Their reputations were smeared and destroyed.
00:13:10.260 There has to be some recompense for that.
00:13:12.200 And it starts with charging the people who did it and then revising the system so it can't be done again to a future president.
00:13:20.740 Real quickly, you dropped a bomb on us.
00:13:22.820 Todd, you think tomorrow Todd will be designated as the attorney general?
00:13:28.620 I do.
00:13:29.740 John Solomon, word about another bomb show.
00:13:33.300 Yeah, just real quickly.
00:13:34.980 You know, I think Todd really gets the conspiracy case.
00:13:39.240 I think he understands that. I think Pam struggled with it. I think Todd really gets it. I think you'll see an acceleration of what's going on. And there'll be some satisfaction knowing that there's real activity, meaningful actions being taken, that there's a great relationship between him and Kash Patel. The prosecutors in Florida are in lockstep. They've been working this since October really aggressively.
00:14:00.880 I think it'll be a good thing after a decade of frustration.
00:14:03.840 I think those on the conservative side who want some accountability are going to see a machinery capable of delivering it for the first time.
00:14:12.260 Yeah, Todd was in the trenches. That's why I think Todd understands it.
00:14:15.660 John, you got the show. Where do people go for your social media and for just the news, all the reporting?
00:14:22.340 You bet. Jay Solomon reports on all social media, just the news dot com.
00:14:25.460 And I'm lucky enough, as you mentioned, to follow you every day at six o'clock right here on Real America's Voice.
00:14:30.220 we'll pitch the ball to you today john solomon thank you for breaking this and thank you for
00:14:35.200 coming on early in the morning okay we're going to come back our traditional cold open will be
00:14:39.520 in the next block eric bowling captain finnell a blockade has been instituted starting to be
00:14:45.700 implemented by the united states navy we'll break it all down for you uh next
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00:16:20.880 to 989898 and do it today. Benjamin Netanyahu had a speech yesterday. I just want to read you
00:16:28.980 a line from it in which he said, he's talking about Iran. He said, but if I told you a year ago that
00:16:33.020 our pilots, men and women, would fly in Iran, who would have believed it? If I told you a year ago
00:16:38.020 that the United States of America, the strongest power in the world, would fight by our side,
00:16:42.520 shoulder to shoulder, wing to wing for nearly 40 days against the common enemy.
00:16:46.960 Who would have believed it?
00:16:48.720 But all of this happened because we initiated, we acted, we attacked, end quote.
00:16:57.000 Telling.
00:16:58.040 Benjamin Netanyahu is saying the part that is the case.
00:17:02.040 And we're not, it's not quite clear why America is in this war.
00:17:04.680 It's very clear to Benjamin Netanyahu why America is in this war.
00:17:07.240 Yeah, and this is a case that he's been trying to make to a succession of American presidents.
00:17:12.520 For decades.
00:17:13.920 For decades.
00:17:15.240 But let's also remember Benjamin Netanyahu has an election coming up.
00:17:18.360 Yes.
00:17:19.540 So he also is speaking to a domestic audience.
00:17:22.600 This is not for international consumption.
00:17:25.080 He's speaking to a domestic audience.
00:17:26.340 He's trying to make the case that they should elect him and make him elect his coalition again, make him prime minister again.
00:17:32.280 So he is trying to.
00:17:34.080 And he has remarkable complexity in this because it's not just about him winning.
00:17:37.200 if he were not to win or if this war were to end, he's facing prosecution.
00:17:42.880 He faces prosecution for corruption, potentially goes to jail.
00:17:45.800 His political career is over.
00:17:49.100 So the stakes are very high for him, and he needs to persuade the voters
00:17:54.000 that he is acting in the best interests of Israel
00:17:57.920 and they can trust him to keep Israel safe.
00:18:01.060 So it suits his narrative also to tell his voters that,
00:18:06.520 look, I was able to bring the United States into this conflict.
00:18:10.020 One of the things that you have to look out for is, of course, the geography of the place
00:18:13.760 that we're looking at here, and that's the Strait of Hormuz in this case. So theoretically,
00:18:18.360 from a geographical standpoint, this is going to be easier to do than, let's say, Venezuela
00:18:22.540 or Cuba. But there's a lot of traffic that is supposed to go through the Strait of Hormuz,
00:18:28.900 you know, on average, 135 ships a day before the war. So there's a lot that has to be controlled
00:18:35.480 here. And so what the blockade would probably look like is that the U.S. forces would principally be
00:18:41.260 focused in the southern approaches, basically from the Gulf of Oman and the Arabian Sea into
00:18:47.160 the Strait of Hormuz, that 21-mile-wide gap that we're seeing right there. And the other part of
00:18:54.040 it, the northern part, may very well be controlled by the Emirati and Saudi and other Gulf Arab
00:19:03.680 states. So what they would have to do is they'd have to work together. Now, the President of the
00:19:08.580 United States has not said anything about the Saudis or the Emiratis or the Bahrainis or anybody
00:19:13.900 else getting involved in this. So that would make it easier if they did. But let's assume for a
00:19:20.120 second that the U.S. was the sole country to do this. They would have to have basically a fleet
00:19:26.060 of destroyers out there, coupled with at least one, preferably two, aircraft carriers that could
00:19:32.380 maintain maritime surveillance over the area, and then what they're trying to do is they're trying
00:19:38.180 to prevent any ships that paid Iranian tolls from getting through the Strait of Hormuz. So if that's
00:19:45.760 the case, that could set us up for a conflict not only between Iran and the United States, which is
00:19:51.480 already happening, but also potentially with other countries such as China, which have paid tolls
00:19:57.600 that allow their ships to go through.
00:20:00.140 So it's an area where we have to be very careful what happens next.
00:20:05.060 But that's basically what this blockade would look like.
00:20:08.400 On the surface, it's simple.
00:20:10.040 In fact, it's going to be really complicated.
00:20:11.900 You know, here we are in the middle of a war that is going spectacularly well. 0.74
00:20:17.980 I mean, Iran will not be a nuclear threat, at least in our lifetimes.
00:20:23.240 Now, of course, we have to wrap it up.
00:20:25.600 They've got enriched uranium and other things going on.
00:20:28.100 The president's going to handle that.
00:20:29.500 I'm sure he's going to handle it very, very well, as he has the rest of it.
00:20:32.840 But first, I want to congratulate him.
00:20:35.200 I want to congratulate his cabinet.
00:20:37.200 I want to congratulate the military.
00:20:40.100 You're doing a fantastic job.
00:20:42.200 I know we're not done, but you're doing a fantastic job.
00:20:45.640 The U.S. military is expected to begin imposing a blockade on Iran in the Strait of Hormuz.
00:20:52.280 According to Central Command, it's slightly more nuanced than the president first announced.
00:20:58.160 Central Command says the U.S. plans to block all shipping traffic entering and leaving Iranian ports beginning at 10 a.m. Eastern.
00:21:06.380 President Trump ordered this after negotiations with Iran fell apart this weekend.
00:21:12.120 Vice President J.D. Vance left those talks in Pakistan, saying that the United States had put forth its best and final offer.
00:21:18.720 Still, despite this, President Trump told reporters last night that he believes that the ceasefire with Iran is still holding.
00:21:27.360 I would say it's holding well. 0.99
00:21:34.220 Their military is destroyed.
00:21:37.120 Their whole Navy is underwater.
00:21:41.520 You know that 158 ships are gone.
00:21:45.000 Their Navy's gone.
00:21:46.760 Most of their mind droppers are gone.
00:21:49.380 They broke their word.
00:21:50.260 They broke their promise.
00:21:51.700 And remember, their promise was that they were going to open the Hormones Strait.
00:21:58.580 They didn't do it.
00:21:59.680 They lied. 0.91
00:22:00.580 Look, I think it's a step in the right direction, Mika. 0.99
00:22:03.980 Puts pressure on Iran. 0.95
00:22:05.120 The idea that they would control what's going through the strait and would collect hundreds of millions of dollars a day in the process is untenable, I would argue.
00:22:14.940 And don't forget, before this war, what was the Achilles heel of the Iranian government? 0.70
00:22:19.780 It was their economy.
00:22:21.200 The war has made a bad situation worse. 0.70
00:22:23.840 So where we have leverage over Iran is not with continued applications of military force. 0.60
00:22:29.540 It's with enhanced economic pressure. 0.82
00:22:32.100 So I think this is a step in the right direction.
00:22:34.880 I would couple this with a diplomatic initiative, say we're going to essentially block the strait until everybody gets to use it.
00:22:41.040 We also want to see some kind of a new authority.
00:22:44.640 The Iranians could participate in it with all the local countries about what the ground rules are for using the states.
00:22:50.880 Maybe even there could be a small toll that would be shared by all the neighboring countries.
00:22:56.300 But this is, to me, far better than, think about it, Mika, seizing Karg Island or trying to escort individual tankers through the Strait of Hormuz. 0.68
00:23:06.420 Those would have been military and political nightmares. 0.90
00:23:09.900 So I think this is a smart move, and it puts pressure on Iran. 0.83
00:23:13.000 Quite honestly, I wish we had done it before the meetings in Islamabad. 0.74
00:23:16.680 And indeed, my biggest problem with the talks is that we didn't focus on the strait.
00:23:21.000 We've got time to deal with the nuclear issue.
00:23:23.220 We've got time to deal with some of the other issues, Iranian support for proxies. 0.70
00:23:26.440 The issue that's untenable for the United States and the world is the impact of the war on the global economy. 0.84
00:23:31.960 So this ought to be up front.
00:23:33.460 We need to sequence the approach to negotiations.
00:23:36.760 So I actually think this could create a backdrop to successful talks.
00:23:41.200 The goal of this war at the outset was regime change, very clearly.
00:23:44.660 I mean, on the first day of the war, Israel and the United States eliminated the leadership of the Islamic Republic, including Ayatollah Khomeini.
00:23:52.260 I think the assumption was that it was a shallow state.
00:23:54.660 Once you took out the upper echelon, people would rise up and you'd have regime change.
00:23:58.320 Well, that hasn't happened.
00:23:59.840 What's the goal now?
00:24:00.880 The one paramount objective is to reopen the strait, which, as you rightly note, was open before the war started. 0.88
00:24:06.280 So the Iranians now have got to the U.S. to the position where we are negotiating under economic pressure. 0.99
00:24:12.100 So they've totally turned the tables on us. 0.96
00:24:14.300 And what I worry about, though, Ali, is that the type of deal that Iran would take right now is worse than the Iran nuclear deal. 0.57
00:24:20.220 A hundred percent.
00:24:20.840 Worse. Right. And is Trump going to be willing to do that?
00:24:23.180 He might be humiliated if he does that.
00:24:25.080 And so I worry that the logic still points in the direction of potential military escalation,
00:24:30.000 where the U.S. may be pulled into another ground war in the Middle East.
00:24:32.940 Whatever. OK, the equivalent of boots on the ground for the Navy is this is this naval blockade.
00:24:41.420 Captain Fennell joins us. Captain, you've heard a lot over the weekend. It's easy to do.
00:24:45.400 It's impossible to do. Walk us through what is actually happening now as at 10 o'clock we commenced this this blockade.
00:24:54.560 sir? Well, Steve, I think in strategic terms, I think the president's announcement
00:25:01.680 was much like the Iranians saying that they were going to put or control the strait or put mines
00:25:09.160 in the strait. It has the same deterrent effect in a way against Iran, which is to say 0.82
00:25:14.760 their ability to control what's going on and have ships come in and out, even through their 0.87
00:25:21.420 toll booth are now going to be interdicted. I think that's a strategic point. Operationally,
00:25:27.180 it was just reported here in the last two hours that the USS George W. Bush has gone through the
00:25:33.280 Strait of Gibraltar. So we have now three aircraft carriers in the theater of operations.
00:25:40.060 So that means associated with those aircraft carriers is a number of Aegis destroyers and
00:25:46.160 independent steaming destroyers are already out there like the Michael Murphy that transited
00:25:50.100 through the strait a few days ago. So we are now setting up the, essentially, a choke point
00:25:58.260 outside of the strait. And we have put out a notice to mariners. I haven't actually seen
00:26:04.540 the actual notice to mariners, but the United Kingdom's Maritime Trade Office put out their
00:26:10.400 assessment of it and basically said, the restrictions encompass the entirety of the
00:26:15.620 Iranian coastline, including ports and energy infrastructure. Transit passage through the
00:26:20.700 Strait of Hormuz is to or from non-Iranian destination is not reported to be impeded
00:26:28.220 by these measures. However, vessels may encounter military presence, directed communications,
00:26:33.440 or right of visit procedures during passage. What that means is, and I will note that the
00:26:38.920 CENTCOM statement was very clear. And they said, in accordance, we're giving our direction that
00:26:46.340 we're going to implement this blockade as of 10 o'clock Eastern time today, in accordance with
00:26:51.880 the president's proclamation. And then you have the further details. And so there's been some
00:26:57.240 online discussion about, well, the president said it's a total blockade, everything is stopped.
00:27:02.380 CENTCOM said they're only going to control what comes out of Iran and not target any other ships.
00:27:07.220 I think we'll find out the details as these days go along.
00:27:11.120 But the most important thing is that now the United States is controlling anything that comes out of Iran. 0.66
00:27:17.980 And as we've talked in previous episodes, Iran has 28 flag tankers that they own that runs most of the money that comes from, you know, that they own themselves. 0.80
00:27:29.320 So those tankers are certainly open for interdiction.
00:27:33.340 There's 12 of them right now in the Gulf of Oman that are sitting fully loaded.
00:27:37.220 outside in the Gulf of Le Mans. I expect those will be put under some kind of quarantine.
00:27:42.160 And then I've also heard a lot of comments about, well, how can we do this? How hard will it be?
00:27:47.020 How will we know? Well, I can tell you from experience that the Fifth Fleet Director of
00:27:53.580 Intelligence there in Bahrain and his team and those back in Tampa, they know every ship that's
00:28:00.480 coming in and out of Iran. And they were tracking them and they knew who they are. And those ships
00:28:05.740 will be identified and it doesn't matter their flag it doesn't matter if they're iranian or not
00:28:10.820 when they come out they will be identified in quarantine okay captain hang on for a second
00:28:16.900 we'll get more into this eric bowling's also with us about capital markets liz mitchell also joins
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00:30:16.720 Here's your host, Stephen K. Bannon.
00:30:20.800 eric bowling um things were a little dicey yesterday when you were on the show uh when
00:30:28.900 the markets opened last night uh kind of some instability uh where are we today as now the
00:30:35.140 navy's about to implement this and of course jim finnell just tells us that this may be more
00:30:39.780 precise than a broad blockade our allies it may be that saudi arabia qatar uae kuwait and bahrain
00:30:47.340 may all be able to ship in and out, and it may just be the Iranian ports and to the Iranian
00:30:54.740 customers like the Chinese Communist Party in India. What's happening? What are the global
00:31:00.560 markets telling us even as we speak, sir? Gyrating, Steve, last night when I spoke to you,
00:31:07.840 we were $105, $160 a barrel. That's $8, $9 higher versus Friday's settlement. We opened about the
00:31:15.500 same price, $104, $105 today. It's now traded down to $101. Now, mind you, we finished Friday
00:31:21.900 at $96 a barrel. So we're still about 3%, 4% higher. But it was a lot worse. And the markets
00:31:27.980 were getting slammed this morning. The Dow Jones is still down a couple hundred. NASDAQ has turned
00:31:32.960 around. It's showing some green. 14 ships transited the straight yesterday. On Sunday, there may be
00:31:38.560 more. And you're right. The UAE, the Bahrain, Saudi Arabian vessels destined to and out of
00:31:45.980 those countries will be allowed to go the way we understand it. And so I think that's easing some
00:31:50.180 of the price, I guess, strength or higher prices. Iranians are calling this illegal and they're
00:31:57.080 calling it piracy. So they haven't responded yet. So this is what I'm talking about. It's a little
00:32:02.240 nervous oil market right now. And these guys are the biggest players on the planet, bigger than
00:32:06.740 the equity markets, the global oil market is massive. So they're a little nervous. That's
00:32:11.120 why we're not lower than $96 a barrel, because we're not sure if there is going to be a response
00:32:16.140 from the Iranians and what it might be. Impartiality, Trump has called this will be
00:32:20.960 impartiality administered, which means nothing to do with civilians, okay? So they have to really
00:32:28.560 define that this is only the infrastructure, the oil that they're selling that would benefit the
00:32:33.140 military. They need to distinguish that. I think they've done that. I think the world is breathing
00:32:37.400 at least a momentary sigh of relief. I will note that it's England, Spain, China, Russia,
00:32:43.640 and Australia have said, we're not participating. EU is holding out, but we're not participating.
00:32:48.200 That's very interesting. One final thought, Steve. OPEC production right now is down.
00:32:53.400 Hang on, hang on, hang on, hang on, hang on, hang on, hang on. Don't bury the lead.
00:32:57.500 The England, you know, what was I ranting about on Saturday and Sunday shows?
00:33:01.080 after the NATO meeting?
00:33:03.080 Where's the World Navy?
00:33:04.120 Where's the French Navy?
00:33:05.260 Where's the Italian Navy, right?
00:33:07.100 They told us yesterday they're not part of this.
00:33:09.760 They're going to have a meeting and talk about it,
00:33:11.460 but they've essentially told us that this is a U.S.,
00:33:15.100 this is a United States problem, correct?
00:33:17.800 Yeah, and until it starts to work, Steve, 0.86
00:33:19.760 just like when the initial obliterating the Iranians' nuclear capabilities, 0.94
00:33:25.440 they didn't want any part of it until it was done in a couple of hours,
00:33:28.740 and then they said, oh, we'll help you, and Trump said, no, thanks.
00:33:30.540 We got this. I think the same thing will happen. I believe in this blockade. I think this is the
00:33:36.000 smartest alternative. I'm so happy for Hegseth and Trump and the folks who are making the decisions
00:33:41.860 in the situation room that they came up with the one thing that could take the straight out of, 0.98
00:33:48.040 control of the straight out of the Iranians' hands and bring it back into ours. Just enforce it. If 1.00
00:33:52.800 they're able to enforce it, this is going to be a monster great idea without having to put boots
00:33:56.300 on the ground or obliterating civilizations yeah you were going to say i don't i don't want to give
00:34:01.560 away i don't want to give away inside baseball but i think scott besant secretary treasury had
00:34:05.580 a big hand in this i think this is the implementation of economic warfare but we'll get to that later
00:34:09.760 you were about to say before i cut you off on the opec demand opec production opec delivery and
00:34:16.220 production is down seven million barrels a day that is a massive number that's a huge draw on
00:34:23.260 global crude oil production supplies. Demand, while the OPEC has predicted their demand would
00:34:29.620 be up one and a half million barrels from a full slate of oil being delivered. So demand is going
00:34:35.160 up, supply is coming down, prices are going to stay a lot higher. I would definitely see
00:34:40.640 how the blockade works. I have a hunch this is the smartest war decision probably in my lifetime.
00:34:46.680 eric hang on for a second because i want to get back to you about are the markets now
00:34:53.480 looking at 100 as the old is 100 the new 50 right president trump's economic plan
00:34:59.020 is predicated upon full spectrum energy dominance with oil with a four or five handle in front of
00:35:05.440 it not not at a hundred dollars we'll get to that in a moment captain finnell will give us more
00:35:09.400 detail on on um on the blockade itself and has actually implemented if somebody says hey and
00:35:16.340 They're not going to heave to what happens.
00:35:17.680 He put a shot across their bow or is the United States Navy in the Marine
00:35:21.200 detachments actually bored like the old days?
00:35:23.620 We'll get to that in a second.
00:35:24.500 Liz Troutman, Elizabeth Troutman Mitchell joins us.
00:35:27.700 I know you've got time constraints, but there were two stories you broke over the weekend.
00:35:31.960 I want to make sure people read today and talk about the first is about artificial intelligence.
00:35:38.460 It was a lot of confusion.
00:35:39.440 I've had people reaching out to me all weekend about what exactly happened with the White House political team in the state of Tennessee and some of these other folks who are just saying, hey, look, you know, the guidance you're given is totally with the oligarchs and this artificial intelligence.
00:35:56.140 We can't do that with our people.
00:35:57.840 Politically, it's not feasible.
00:35:58.940 It's also not the right thing to do.
00:36:00.520 So what exactly happened? Did political people at the White House or David Sachs, who I thought had been given his walking papers, did they actually try to get in the middle of Tennessee and some of these other states that are coming forward with legislation to protect children, ma'am?
00:36:15.440 yes so we already knew this is something that was happening i have written in the past about
00:36:24.680 utah and florida where the trump administration has gotten involved in these states in ai
00:36:30.860 legislation usually legislation that has safeguards for children and has called people in power or
00:36:36.620 sent emails or memos that would lead to the bill being killed and it has been revealed now that
00:36:42.220 this is happening in two more states, Tennessee and Missouri. In Missouri, I spoke to State
00:36:47.640 Senator Joe Nicola, who introduced a bill to put a variety of transparency and safety limitations
00:36:53.920 on AI, saying that AI doesn't have personhood, limiting potential deep fake videos made by AI
00:37:00.520 and saying that the AI operator is the one who would have the responsibility for such illegal
00:37:06.560 images. And he got a call. He had a call with someone in the White House Intergovernment
00:37:12.680 Affairs Office and was told that he needed to soften the bill in a variety of different ways.
00:37:19.100 They felt that it was too strongly worded. And so he is now working on his 11th version of the bill,
00:37:24.580 but he was very frustrated by this involvement, said it inspires him even more to limit AI and
00:37:29.560 protect his constituents. And then secondly, in Tennessee, if you can believe it, a Tennessee
00:37:34.720 state senator actually admitted on the House floor or the Senate floor. Liz, Liz, Liz, hang on. Yeah,
00:37:40.740 hang on one second. That's the first. He's not going to soften it, though. They reach out to
00:37:45.900 him and they want him to soften it. Is he going to dig in and say, I can't do this, or is he going
00:37:50.500 to try to soften it for the White House? Well, there is a threat here of losing broadband funding,
00:38:01.600 which would be very bad for people in rural Missouri.
00:38:04.860 This is something that his fellow members are very concerned about.
00:38:10.800 And so he is making some changes to soften it.
00:38:13.340 Hang on, hang on, hang on, hang on, hang on, hang on, hang on.
00:38:17.580 People in the White House have threatened Missouri legislators that they will hold back broadband funding
00:38:24.040 unless they do the bidding of the oligarchs and soften this.
00:38:27.280 I just want to make sure we understand the stakes here because this is not a small thing.
00:38:30.960 i'm also not sure the president's getting perfect information from these oligarchs and the david
00:38:35.600 saxes of the world and was it kratziotis all these guys they're all giving him the oligarchs
00:38:40.620 position he does the white house is not reading the room right now the country's in a revolt
00:38:46.100 against this whether it's data centers or whether it's children's make sure that they're protected
00:38:51.640 as well there's families protected and they're getting bad information i just want to make sure
00:38:55.420 in your reporting you're saying they threaten this guy with withholding which is a central
00:39:00.600 part of the MAGA program or the populist program is broadband for rural areas. You're saying
00:39:06.120 they're threatened withholding that unless he softens this to kowtow to the oligarchs?
00:39:14.760 Well, if you read that December 11th executive order, which first established that state laws
00:39:20.900 that were quote unquote onerous to AI would be preempted, in that law, it says that states that
00:39:27.020 have these onerous laws could lose broadband funding. And so this is something that Joe
00:39:33.440 Nicola had a conversation with his colleagues about, and they said, we don't want to risk
00:39:37.700 losing this broadband funding. It's extremely important to our constituents, and they don't
00:39:42.120 want to risk it. Wow. Horrendous. I don't think this is, I don't think the operant term there is
00:39:50.000 operant term there is onerous. I don't think, this is not onerous. They're trying to stand up
00:39:53.920 for families and kids, are they not? And parents? Yes, this bill doesn't, I mean, it doesn't seem
00:40:02.520 like it puts too strong of limits on AI to a variety of people in the AI safety movement,
00:40:08.520 talking about how AI doesn't have a soul, it can never be a human. And really, the big focus of
00:40:14.080 this is these deep, deep fake images, which I think is a huge concern for lots of parents around
00:40:19.640 the country that now you can make an image that looks like anything is happening. And so putting
00:40:23.300 a limit on this and saying that it would be the duty of care is on the AI company that
00:40:28.840 allows this to happen is something that I think a lot of people can support.
00:40:32.840 But there are, of course, concerns that we're hearing now about this.
00:40:38.440 And particularly given this, the meeting that Besant and that Scott and Powell had with
00:40:45.520 the banks about the mythos uh the mythos new mythos uh cyber uh weapon right it could it could
00:40:54.200 basically uh take down a bank in seconds uh it's it scared people to the to the marrow of their
00:41:00.780 souls about the concerns here it realizes this ai is completely out of control right now totally
00:41:06.840 out of control people should just know that at least i know you gotta bounce i gotta get the
00:41:10.440 other story is that uh by the way there are other legislatures too i just want there there are other
00:41:14.640 people they're reaching out to whether it's tennessee or other places and trying to put
00:41:18.600 pressure on them we'll get to that but i want to get one we've had um we've had rosemary jinx on
00:41:25.640 here with this out of control h1b visas and and taking jobs from american kids uh american tech
00:41:33.080 workers 12 million stem workers are out of the labor force and at the same time ai's eating up
00:41:39.200 jobs. We've got these guys going for these visas more and more and more. One of the worst part of 1.00
00:41:45.400 it, as Rosemary Jenks talks about, is OPT, this situation where you have all these foreign 0.93
00:41:49.900 students, and they can get in underneath the regulations on H-1Bs. This is one of the reasons
00:41:56.860 the corporations game the system. Is it Senator Scott to finally we have somebody in the Senate
00:42:02.020 stepping up to this? You have an exclusive about this, about he's stepping up to say,
00:42:06.280 This is another program that's destroying American kids and American workers, and we've got to stop it? 0.74
00:42:13.880 Yeah, so this optional practical training program gives a tax incentive to employers to hire foreign students.
00:42:22.200 And so he's saying not only does this harm American college graduates who are facing very high unemployment rates,
00:42:29.580 It also gives a leg up to communist China because UCSIS has said that there is a threat of Chinese Communist Party coming in, sending foreign students.
00:42:40.940 Those foreign students then use the OPT program to get tech jobs, physics jobs, programs where they're going to learn a lot about American innovation and they're going to be able to take that information back to China, which could use that to beat the United States.
00:42:54.620 So not only does this harm American college graduates, it also harms national security.
00:42:59.900 And so Senator Scott is urging the White House, urging DHS to do something about this.
00:43:06.360 This is part of I'll get into it after the break. This is part of the ecosystem.
00:43:09.640 They say, oh, it's a Sputnik moment. The Chinese Communist Party, you have a tool right there that Scott's saying we're we've created the entire ecosystem for the CCP,
00:43:18.620 Not just to finance them, debt and equity financing, also to provide them with chips and to provide them with training back here in the companies and the labs and most specifically taking billets from kids in these colleges, then training them up and they go back.
00:43:32.800 And this is why they're competitive in AI.
00:43:35.060 Liz, I know you got to bounce.
00:43:36.180 Where do people go?
00:43:36.880 What's your social media?
00:43:37.720 Get all your reporting scoop after scoop, ma'am.
00:43:40.280 you can read my work at dailysignal.com and follow me on x at the liz mitchell
00:43:49.680 nobody's on top of this ai fiasco more than liz mitchell thank you ma'am appreciate you
00:43:58.520 short break take your phone out text bannon 989898 ultimate guide for investing in gold
00:44:04.440 precious metals in the age of Trump with all the 401k IRAs. It's free, no obligation. You talk to
00:44:11.040 Philip Patrick and the team. Everyone's focused on how the conflict in the Middle East is raising
00:44:19.120 oil prices, but there's another grim reality to this contention. Oil isn't the only resource
00:44:25.920 being constrained. About one third of global fertilizer trade happens through this region.
00:44:31.700 And with spring planting season on top of us, American farmers are sounding the alarm
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00:45:41.920 Here's your host, Stephen K. Mann.
00:45:46.460 Okay, breaking news.
00:45:47.760 I'm going to get Eric Bolling back in here and Captain Fennell.
00:45:52.460 Breaking news.
00:45:53.280 President of the United States, Commander-in-Chief, and I quote,
00:45:55.540 Iran's Navy is laying at the bottom of the sea, completely obliterated, 158 ships.
00:46:00.280 what we have not hit are the small number of what they call fast attack ships because we did not
00:46:06.800 consider them much of a threat warning if any of those ships come anywhere close to our blockade
00:46:12.600 they will be immediately eliminated using the same system of kill that we use during the drug
00:46:19.160 dealers on boats at sea it is quick and brutal p.s 98.2 percent of drugs coming into the united
00:46:26.200 states by ocean or sea have stopped thank you for your attention in this matter president donald
00:46:32.360 j trump um eric bowling uh capital markets right now one of my concerns is that in the wall street
00:46:38.700 journals get this big piece out on petrodollar like your thoughts on but um or an opinion piece
00:46:43.980 about the petrodollar is and you see the president right there that's gonna i think rural markets a
00:46:49.400 little bit more but they're saying hey he's he's gonna be very serious about this he's gonna take
00:46:53.320 some ships he's going to take some more ships down maybe even take a tanker down you never know
00:46:58.500 um the right now the price is at a hundred president trump's economic plan works if it's
00:47:04.440 at 50 beset has been one of the biggest advocates of this blockade to kind of use this as a forcing
00:47:09.980 function particularly against the chinese communist party your thoughts on a monday before you punch
00:47:14.700 out and get ready for your show i thought steve are the 98.2 percent of drugs he is he's very
00:47:21.020 precise is the 98.2. You got to love them. I mean, so the fast boats, the little boats that,
00:47:26.280 that, that, you know, Steve, you can take out with a, with one or two little, you know,
00:47:30.340 you can even probably take it out with a 50 caliber. I don't think this is going to roil
00:47:33.780 the markets or move the markets. It hasn't yet. So we were at 105 when we first started trading
00:47:38.660 this morning, we're at 102 or so, 101, 102 versus a $96 settlement on Friday. It's, it's all wait
00:47:46.840 and see what the Iranians have.
00:47:48.160 Do they have anything to combat this blockade? 1.00
00:47:50.560 And are they stupid enough to use it? 1.00
00:47:51.780 And then what will be the response? 1.00
00:47:53.140 So I think the oil market will stick around the $100.
00:47:55.920 It'll trade between $90 and $110 for a while
00:47:58.900 until we find out exactly how well 0.60
00:48:00.980 what the Iranians have to respond. 0.62
00:48:03.080 If they don't, then you may start to trail off 0.95
00:48:05.240 and then equity markets can go higher.
00:48:07.460 Also, there's been a flight to the US dollar recently
00:48:10.520 since the last 45 days or so. 0.65
00:48:12.920 Always happens in wartime,
00:48:14.260 whether it's us involved or other major countries involved.
00:48:18.060 Remember, when an oil-producing country is involved,
00:48:20.900 that roils the world, the global markets, the equity markets,
00:48:24.500 all markets, because energy is integral
00:48:26.200 into every single economy in the world.
00:48:27.960 So with producing countries involved, producing nations involved,
00:48:31.180 especially OPEC nations involved, then it will have a bigger impact.
00:48:35.100 So this flight to dollar out of other assets into the U.S. dollar,
00:48:38.840 seemingly the safest currency on the planet, has happened.
00:48:41.720 And what it does is it puts a bit of a downward price on assets like gold.
00:48:45.680 You'll probably talk to Phil Patrick about that.
00:48:47.360 I'm pretty sure he'll say, with the new strength in the dollar, that's putting a little bit of an anchor on gold right now.
00:48:53.220 But when things start to clear up, when the strait starts to open up, when people breathe a sigh of relief that there's going to be no destruction or boots on the ground or civilizations going away, I think you'll see that flow out of the U.S. dollar.
00:49:06.640 The problem is BRICS countries have been trying to move away from the U.S. dollar as the global reserve currency.
00:49:12.780 I think central banks are also not sure where it's headed because they're buying gold instead of U.S. dollars.
00:49:19.460 The U.S. dollar treasuries are at the lowest they've been in maybe decades, and their treasuries of gold has been at the highest
00:49:26.100 because they want to make sure if it's not going to be the dollar, if it's going to be the yuan or some BRICS euro or BRICS currency,
00:49:33.800 then the dollar will substantially lose its value and that Steve is a very very uh um negative impact
00:49:40.680 on on our economy as well as others but mostly ours it's it's it's it's part of these nations
00:49:46.880 sitting there going I see what happened to Russia and Ukraine I see what's happening now it's 0.66
00:49:50.940 like I said this economic warfare which I'm a big proponent of because I think it gets you there
00:49:56.000 without having to go kinetic um the and I think this blockade is an instrument of economic warfare
00:50:01.740 it has a downside to it people are gonna sit there and go hey the americans are too powerful
00:50:05.420 i want to get away from the dollar and into gold uh because i don't trust the americans they can
00:50:10.300 shut me down at any time before i leave you as we talk on here for the for the audience to
00:50:15.500 understand we talk about these capital markets talk about the commodities markets you are there
00:50:19.320 are speculators out there but principally these are very sophisticated people that are trying to
00:50:24.880 project into the future and try to hedge their risk they're trying to mitigate the risk of their
00:50:29.320 businesses, whether that's a refinery, fertilizer, et cetera. That's why these markets are so massive.
00:50:34.360 A bunch of articles over the weekend of people that were on the wrong side of trades, right?
00:50:40.360 Whether thinking President Trump was going to do a civilizational takedown or whatever.
00:50:45.020 Just walk me through, because you've had this phrase, I see dead people. Walk me through some
00:50:50.760 of these trades. And if you get on the wrong side of it, you could have some of these trading firms
00:50:55.120 absolutely eviscerated, sir. Yeah, there are a couple that got smoked. In fact, the biggest
00:51:01.360 one, VTOL, is an international, I would call them a broker, but they see all both sides of the
00:51:06.420 market. They're not a speculator at all. They'll hook up a buyer with a seller. They'll allow
00:51:11.560 transportation, though. Buyers and sellers meet with the transportation in between, and they got
00:51:16.780 caught with a bunch of, they got caught with crude oil that they had sold at $50, $60 a barrel
00:51:22.940 stuck in the Middle East.
00:51:25.000 Meanwhile, the market is going up for crude oil
00:51:26.840 and they have to replace it
00:51:27.760 because they have commitments to deliver the oil.
00:51:29.880 So they had to go out and buy oil at $100, $105, $110 a barrel.
00:51:34.040 They lost several billion dollars, many billions of dollars.
00:51:37.100 And there are other firms that are doing that too.
00:51:38.860 And those aren't even speculators. 1.00
00:51:40.280 The speculators are a gnat on a horse's ass, 1.00
00:51:44.200 so to speak, in the oil market. 1.00
00:51:45.380 The oil market is massive, massive,
00:51:48.060 bigger than the currency market,
00:51:49.160 bigger than almost every single market in the world.
00:51:51.540 It is a massive market because it's global, every company, every product we use.
00:51:56.280 And I think when you disrupt that or you have a fear of disrupting that, it has ripple effects into all the others.
00:52:02.220 So I wouldn't point the finger at speculators.
00:52:04.380 I would say no one knows what's going on, including the pros.
00:52:07.540 I told you, I talk to brokers, I talk to traders, I talk to refiners, I talk to transporters.
00:52:12.820 And they all have – everything is a caveat, everything, but it could always go to $110, $120 or $150 a barrel if things continue.
00:52:21.540 eric bowling where do we get you what do we track you during the day and talk to me about the shows
00:52:27.620 yeah we do the four o'clock into you right here in real america's voice steven at eric bowling
00:52:33.340 everywhere but you're doing some amazing work you're breaking ground dude you're talking about
00:52:38.240 things that are happening down the road not in the rearview mirror and no puppies no puppies in
00:52:46.260 No cooking segments, no rainbows, no unicorns, no casseroles.
00:52:52.580 No casseroles.
00:52:54.180 Thank you very much, Eric Bolling.
00:52:56.060 Appreciate you on a Monday.
00:52:58.140 Captain Fennell is going to stick around.
00:52:59.520 We're going to talk more about this blockade.
00:53:00.900 Plus, we're going to go inside the wire, the issues facing the United States of America
00:53:05.960 and fighters across this country that are winning inspiration about using your energy.
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