00:00:00.000Breaking news. Democrats are fighting the conservative assault on voting and voting rights.
00:00:05.800New York Governor Kathy Hochul announcing that she's now working with the state legislature
00:00:10.240to change their redistricting process. This after Florida Republicans just pushed through
00:00:16.960a rigged congressional map during a special legislative session convened at the request
00:00:21.840of Governor Ron DeSantis. The map could create four additional House seats for Republicans.
00:00:27.680All of this coming in the wake of the Supreme Court eviscerating what is left of the Voting Rights Act.
00:00:34.880In a 6-3 decision, the court ruled that Louisiana's congressional map created to protect the rights of black voters in that state relied too heavily on race.
00:00:45.460Justice Samuel Alito said for the majority that, quote, plaintiffs fail to show an objective likelihood of intentional discrimination.
00:00:53.180In her dissent, Justice Elena Kagan said the decision, quote, renders Section 2 of the Voting Rights Act all but a dead letter.
00:01:01.960This ruling goes well beyond the Louisiana map.
00:01:04.720It effectively voids one of the last remnants of the Voting Rights Act without directly overturning the law and opens the door for more partisan congressional maps that undercut voters' political power.
00:01:33.980The Supreme Court's decision today is one of the most disingenuous legal opinions I've read in my entire life.
00:01:41.120They have scuttled stare decisis, which is the principle that requires the court to follow its own precedent so that we have reliable doctrine to use as we craft the laws that will govern our society and we get the holdings and interpretations from this court.
00:02:02.320They also trampled on Congress's authority with our government that requires separation of powers and respect for congressional authority to issue legislation pursuant to its authority under the Constitution.
00:02:19.260That's exactly what the Voting Rights Act is.
00:02:21.280It's been lifted up by this very institution, the Supreme Court, as the crown jewel of civil rights legislation.
00:02:28.660They've upheld its constitutionality for years and years amid many challenges by similarly disgruntled voters and those who didn't believe that black people should have protections for the right to vote.
00:02:44.960The Supreme Court has defended it up until today.
00:02:52.800The Supreme Court has held for well over a century that it is preservative of all rights.
00:02:58.660But today we saw a Supreme Court justice joined by five others twist the law, write and effectively lie on page in saying that they were doing very little.
00:03:15.080They were only updating a test. They were only clarifying some points of law.
00:03:21.120But what they ultimately did was make it utterly impossible to enforce Section 2 in a way that can protect Black voters, Latino voters, Native American voters, and other voters who are routinely subject to voter discrimination, and especially in the area of redistricting, where votes are diluted by drawing voters into lines or spreading them out across districts so that they have no ability to elect candidates of their choice.
00:03:50.340and therefore don't have adequate representation in our governing bodies.0.85
00:03:56.020It's possible for Iran to build a nuclear weapon.0.96
00:04:02.580I mean, that means we got to go in there and take out this regime
00:04:04.800because you can't unring the bell of being able to develop nuclear technology.
00:04:08.800If that's his standard, then regime change is the only answer.
00:04:12.760And if it's not his standard, then what is an acceptable level of protection?
00:04:16.880And the fact that he doesn't know that 60 days into the war, with all of the cost of this war, the economic chaos, the lives lost, you know, we don't seem to know.
00:04:27.720Sorry, the Trump administration doesn't seem to know where they're going.
00:04:31.000And they think they can just shout nuclear weapons, nuclear weapons.
00:04:33.500They're bad. Therefore, that proves we're right.
00:04:36.340It doesn't. We seem to be stuck and they don't want to explain how they're going to get us unstuck.
00:04:40.980It seems it's interesting because the president is saying the bottom line is now less so the straight is now the nuclear ambitions, the nuclear capabilities of Iran.
00:04:51.200That's a long term negotiation. That's not something that is going to be solved in a matter of days.
00:04:57.160It took us years to negotiate the JCPOA. You know, we got an interim deal in November of 2013.
00:05:02.740We didn't get the final deal till the summer of 2015, didn't implement it until January 2016.
00:05:07.120It was two and a half years, really, this entire process.
00:05:09.600So I don't think that the Trump administration will be able to get a deal like the JCPOA in a matter of weeks.
00:05:14.980And frankly, Trump doesn't have time. Right. We're seeing oil prices already go over one hundred and twenty dollars a barrel.
00:05:19.940And Anderson, if this stays in place like this for another month, we're going to see oil go one hundred fifty, two hundred dollars a barrel.
00:05:25.820Clearly going to break records if this doesn't change very quickly.
00:05:28.880So what does the Kremlin believe it got from that call with President Trump today?
00:05:31.780hi there Anderson well essentially two things on the one hand they've really come out as a
00:05:37.400major player in the effort to try and end uh the iran u.s uh war i do recall that the iranian
00:05:43.720foreign minister abbas iraq she was actually here in russia a couple of days to go to brief
00:05:47.240vladimir putin and now this one and a half hour call with president trump the russians saying
00:05:52.320they approve as the russians put it of president trump extending the ceasefire with iran at the
00:05:57.480same time warning that it would have devastating consequences globally if this went back to
00:06:02.760a shooting war. But the thing that's actually playing the biggest here in Russian media and
00:06:07.620in Russia in general is the fact that Vladimir Putin has offered up a ceasefire for a single day
00:06:12.760on Victory Day, which of course is May 9th. However, that's also something that's pretty
00:06:17.940important to the Russians as well, as they've already had to scale back their Victory Day
00:06:22.320military parade in the face of a Russian of a Ukrainian drone campaign that's been hitting a
00:06:28.700lot of infrastructure here in Russia. And the Russians are clearly saying they're having a lot
00:06:33.420of trouble enforcing and securing that Victory Day parade. So offering that ceasefire certainly
00:06:38.940something could be a backdoor out of that for them. The same time, the Russians are continuing0.93
00:06:43.620to say, Anderson, that they want to continue the war in Ukraine, of course, what they call their
00:06:48.480special military operation until all of its goals are achieved, Anderson.
00:06:53.340Does this indictment make sense to you?
00:07:17.600no prosecutor is allowed to bring a case unless they believe the admissible evidence is sufficient
00:07:22.580to probably result in a conviction and to sustain that on appeal. And although there could be some
00:07:30.280additional evidence out there that they didn't include the indictment, it seems improbable.
00:07:34.040And on its face, I think, as has been said just a moment ago, I think the case for a vindictive
00:07:39.300prosecution motion, which almost never succeeds, has a really strong chance of prevailing here.
00:07:44.240And if this case were to get to trial, it's likely almost certainly to result in an acquittal or at least a hung jury.
00:07:52.820Thursday, 30 April, year of alert, 2026.
00:07:56.440We are absolutely packed today after a historic announcement yesterday by the Supreme Court ruling on really a earth shattering decision, 6-3.
00:08:08.920The task before us now, folks, as you know, we've been the cutting edge for this redistricting war for now going on four years, five years.
00:08:17.680Caroline Wren is going to join us because, once again, we're going to need the war room posse to make sure these states are.
00:08:23.880This is not you cannot wait to 2028.0.94
00:08:25.960The Supreme Court ruled you got to implement special sessions, redrawn maps.
00:08:31.240People got to be on the balls of their feet.
00:08:34.760But we also have to take the maximalist approach.
00:08:37.000As we keep saying, you have to be maximalist because the demons trying to destroy this country always take a maximalist approach.
00:08:47.800So Wren's going to be on hopefully next block or the block after to go through the map and what we must do as the war room policy to make sure that we can execute on this.
00:08:57.160I think there are 12 to 19 seats that are potentially available.
00:09:24.880I want to talk some economics first and about and Bowling is going to be on talk about oil a little later.
00:09:32.640So the current chairman of the Federal Reserve announcing in pretty bold terms that he's sticking around as governor until a time of his choosing.
00:09:46.760What do you think about that and how is that going to impact Kevin Walsh in trying to implement what Kevin Walsh wants to do as chairman of the Federal Reserve, sir?
00:09:57.560Well, I'll get to all that quickly, Steve, but the short answer is he's just poking a stick in Trump's eye.
00:10:02.640which is, he's a bushy. I mean, he's qualified and all that. He's not an economist. He's a
00:10:07.740lawyer, but he's really in the Bush wing, what's left of it, of the Republican Party.
00:10:12.260It's not unprecedented. Mariner Eccles, his term as chair was over in 1949,
00:10:20.860but he remained on the board as a governor until 1951. So it has happened before. It was 75 years
00:10:26.160ago. A lot of people don't know. You get a four-year term as chair, but you get a 14-year
00:10:31.100term as governor, two different offices. Powell's term as governor does not expire until 2028,
00:10:37.580election year. But he's going to hang around as long as he wants. He says handing the criminal
00:10:43.200investigation off from the United States Attorney, Jeanine Pirro, over to the inspector general
00:10:47.140doesn't satisfy his well and truly close, or his words, requirement, because the inspector general
00:10:54.280could make another criminal referral and start the whole thing over again. So he's not leaving.
00:10:58.340But that's the kind of legalities of it. But what's really going on, first of all, it's a twofer,
00:11:04.580because Powell gets to stick around, but Steve Moran has to go off the board. And Moran is,
00:11:09.940first of all, Trump's appointee. Secondly, the only guy who's been voting for interest rate
00:11:14.500cuts as opposed to interest rate increases or is staying the same. So there are seven members
00:11:19.300of the Board of Governors. There are eight people in line right now, including Powell,
00:11:23.060because they thought he was leaving. So Moran has to go. He is so he's off. So Trump loses a vote.
00:11:29.940Powell gets a vote or keeps a vote. He said, I intend to be very low key because we have a new
00:11:35.940chairman, Kevin Warsh and all that. That's fine. That's happy talk. But how can the former two-term
00:11:41.380chairman be low key? It's not good. He can keep out of the press and media. Jim, you know, for
00:11:47.140Steve Maron is the chairman of the Council of Economic Advisers from President Trump and doing a great job.
00:11:55.560You're losing him. Powell takes the governorship.
00:11:58.400I'm hearing from sources over there that Powell's talking about he controls a majority of the governors.
00:12:04.780Now, I realize the chairman has superpowers over there, but how big a deal is that going to be
00:12:10.600when too late Powell has made these governors in his pocket
00:23:07.980They've said, hey, we don't want to negotiate the nuclear until later.
00:23:10.420And you can't go with the straight-of-horse moves controlled by these pirates down off of Homoosh.
00:23:16.200You've got two issues you have to solve for before you can declare victory and go home, correct?
00:23:20.620I think part of what they're going to talk about in this meeting, in the national security meeting, military meeting today, is basically special operations, which would be huge, to get Iran's enriched uranium, the 60% enriched uranium.
00:23:41.920Now, I'm not saying the United States couldn't do it.
00:23:43.800What I'm saying is in order to do it, you're going to have to set up a perimeter, which is going to be a lot of boots on the ground, a lot of air cover, fighting around it and fighting through it to get to the uranium.
00:24:09.620The US troops are the best in the world.
00:24:11.160I don't grant that, but no guarantee of success.
00:24:13.400That's a big operation. Can it be done? Yes. But this is not capturing Maduro and putting him on a helicopter in New York. This is a major invasion.
00:24:25.040Jim, strategic intelligence. We've got a landing page, RickardsWarRoom.com, people can go to.
00:24:31.900Give me a minute on strategic intelligence. Why should our audience that loves this, loves capital markets, loves the discussion on geopolitics or as the Financial Times now calls it, the geoeconomic agenda, right?
00:24:47.620They love all that. Why should they go to and become a member of strategic intelligence, sir?
00:24:54.360Thanks, Steve. You're right. It's at RickardsWarRoom.com, RickardsWarRoom.com. You can go
00:24:59.860there and subscribe to our flagship publication, Strategic Intelligence. You really put your
00:25:04.600finger on us, Steve, because we do geoeconomics and geopolitics. We do both. A lot of good
00:25:10.320political analysts around, a lot of economists around. We do both. I'm very seasoned in both.
00:25:16.100And our real, what we offer to our subscribers is, as I said, we don't tell you what happened,
00:25:22.160we tell you what's going to happen our predictive analytics are second to none our track record
00:25:27.280that's backed up by a track record by the way from brexit trump 2016 312 electoral votes and uh
00:25:33.120in 2024 we we get these things right uh and uh it's it's never been more important than it is now
00:25:40.400no it's what chairman and ceos what we call the c-suite reads throughout the world uh
00:25:45.680records war room.com you actually throw in a book uh money gpt it's got a chapter i think
00:25:51.920it's chapter four about artificial intelligence and nuclear weapons that one will keep you up at
00:25:57.660night i guarantee you jim throws that in for free predictive analytics jim records thank you so much
00:26:03.360for taking time i know you're super busy thanks for joining us this morning appreciate you
00:26:08.060so president trump's got um you know some tough decisions on this conflict obviously you saw pete
00:26:17.380yesterday i didn't think it was illuminated anything with the democrats with just constant
00:26:22.620assault and uh in trying to tear pete apart we're going to cover as much of the senate as we can in
00:26:28.640the second hour we're going to go in for where they try to get p with the kill shots so uh you
00:26:34.220can see pete fighting back but this today should be very contentious uh in front of the senate as
00:26:39.580he talks about the strategy the war the cost of the war also the defense budget 1.5 training we'll
00:26:44.540get to all that the king and the queen consort are departing i guess the white have they're back for
00:26:51.680a uh they went to new york yesterday they're back for a final uh quick visit with the president we're
00:26:56.720going to cover that uh from the south lawn uh will um our own neil becay will be there so we'll get
00:27:04.000back to that also one two um chapters chapter singular we've gotten tremendous feedback from
00:27:12.540we're a posse on this when people are trying it. Medicare is enormously complicated. Why? They
00:27:18.060want it to be enormously complicated. They don't want you to really understand these various
00:27:22.600different alternatives you have to the Medicare program. Why is that? I don't know, something
00:27:28.220about $100 billion in fees annually being out there for the insurance companies to sweep to
00:27:33.360themselves. So most, if not all, of the advisors you talk to are an employee of the insurance
00:27:40.780companies chapter didn't start as a healthcare company it's a data company
00:27:45.880it's been it's the the founders of it are people that have been data science
00:27:50.980scientists and worked at data companies what they do is look at the data of all
00:27:55.480the different permutations of Medicare 845 war room it's a free consultation
00:28:02.320this is no obligation totally free consultation to talk about your Medicare
00:28:07.240plan 845 war room go check it out today chapter you will not be uh you will be very glad you did
00:28:14.940we're hearing the average savings i think of the war on posse is like 1100 1200 plus most
00:28:19.900importantly get the right plan 845 war room the dollar's convertibility into gold ended in 1971
00:28:27.400gold was fixed at 35 an ounce well fast forward to today and the u.s dollar has lost over 85 percent
00:28:35.640of its purchasing power. Gold, on the other hand, is increased in value by over 12,000%.
00:28:42.860That's why central banks are buying gold at record levels. That's why major firms like Vanguard and
00:28:48.740BlackRock hold significant positions in gold. And that's why I encourage you to consider
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00:29:48.100I think employment cost index, first quarter number, up nine tenths, close to expectations.
00:29:55.280Up nine tenths would equal the second quarter of 25 to find a higher cost index.
00:30:00.360Here in the first quarter of 24 initial jobless claims hitting the wires at one hundred and eighty nine thousand hundred and eighty nine thousand.
00:43:08.960Every conservative justice looked at this. The opinion, by the way, Alito's opinion was was brutal. Right. And that's where we need these governors and state legislatures got to jump in there.
00:43:19.900OK, hang on for one second. We talked about a lot of economics this morning, of course, about oil.
00:43:26.600President Trump's got to make some tough decisions. Pretty good numbers out of the first quarter. You got two percent growth.
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00:49:25.320By the way, it violates church teaching, even recent church teaching, because in 2004, you have a John Paul II document that says that the faithful are able to receive Holy Communion kneeling in on the tongue.
00:50:16.200We need to push back on these people because they're demonic.
00:50:20.400Anybody that would try to humiliate parents in front of their children when they're having their children do the right thing, it's got to stop.
00:50:29.580And this happens all the time, but they went to humiliate them in front of their parish, humiliate them in front of their peers, and to humiliate their children.
00:50:37.380At the same time, breaking basic doctrine that if you're there and you kneel, you need to be served holy communions.