The Great America Show - August 31, 2026


Mid-Day Update： August 31, 2026


Episode Stats


Length

5 minutes

Words per minute

168.55

Word count

933

Sentence count

65

Harmful content

Hate speech

2

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Hello everybody, I'm John Fossett with this Great America Show midday update for Monday, August 31st.
00:00:05.340 Happy Monday, folks. I hope you all had a great weekend.
00:00:08.180 As always in the Trump presidency, it was an eventful weekend.
00:00:11.760 We're going to get to that right now, just what took place over the weekend.
00:00:14.980 President Trump has secured a majority U.S. control over 65 billion barrels of Venezuelan oil
00:00:20.700 as Canada threatens its largest customer and squanders its energy advantage.
00:00:26.480 Friday night, President Trump announced what he called the biggest oil deal in world history.
00:00:31.720 As I said, the United States securing more than 65 billion barrels of proven Venezuelan oil reserves
00:00:37.380 through a partnership with private businesses at no cost, of course, to the American taxpayer,
00:00:42.980 which is what the Canadians have been trying to do. 0.58
00:00:45.560 They've been trying to hit us, the American taxpayer, the American consumer. 0.68
00:00:49.840 It's what their plan is, President Trump says, not right now, not ever.
00:00:54.400 Secretary of State Marco Rubio and Secretary of Warp Pete Hegseth negotiated the agreement
00:00:57.960 with Venezuela's interim president, Delce Rodriguez.
00:01:01.520 The deal covers 17 strategic fields, targets production of more than 1.5 million barrels per day,
00:01:07.680 and is structured as a long-term arrangement.
00:01:10.620 Venezuela is saying 25 years. Other reports cite 100-year development rights.
00:01:15.000 Rodriguez called it historic and said it could generate roughly $200 billion in revenue
00:01:19.540 for the Venezuelan people while drawing more than $100 billion in private investment.
00:01:23.640 President Trump absolutely stoked about this deal because it does many things, including making us less reliant on the Canadians for anything, let alone oil.
00:01:33.000 This transaction will also greatly strengthen the already growing relationship between Venezuela and the United States.
00:01:38.760 Now, why is that important?
00:01:40.780 Because China has long targeted and long looked at Venezuela as a key vantage point.
00:01:47.800 As a key vantage point, not only for their oil, but as a targeting ground towards America.
00:01:52.920 President Trump putting a stop to that.
00:01:55.020 Now, back to Canada.
00:01:56.360 Canada has long benefited from America's enormous demand for imported heavy crude.
00:02:00.560 In 2025, Canada supplied about 64% of crude oil imported by the United States.
00:02:06.140 Canada exported approximately 4.3 million barrels of crude oil per day that year.
00:02:10.840 Roughly 90% or roughly 4 billion barrels per day went directly to the United States.
00:02:18.360 Those exports were worth approximately $126 billion.
00:02:22.480 In other words, Canada's oil industry remains overwhelmingly dependent on American buyers.
00:02:28.440 Now, Carney, their PM, nevertheless, continues to escalate his reckless trade confrontation
00:02:32.820 with President Trump in the United States,
00:02:35.080 while pretending Ottawa can use Alberta's oil as a weapon against Trump.
00:02:39.160 I don't think it exactly works that way, but I guess we'll soon find out.
00:02:43.580 If you want to take advantage of our farmers, well, we're going to take advantage of your oil.
00:02:48.420 So, speaking of Canada, Google Maps has officially begun displaying Lake Ontario as Lake America to its users in the United States of America.
00:02:57.980 The move comes days after President Trump ordered the historic lake be renamed as his escalating trade war continues with Canada.
00:03:05.660 And as I said, it's all of them to blame.
00:03:08.380 Now, the Democrats are abhorrent. They're going crazy about President Trump renaming Lake Ontario to Lake America.
00:03:16.260 But I think it's important that we all point out, folks, that the Democrats renamed over 650 specific geographic and military locations while Biden and Obama were president.
00:03:26.840 So the left can let us know when Trump reaches that number, and then we can talk about maybe toning it down a bit.
00:03:32.900 But I think he's just getting started, rightfully so.
00:03:36.820 A federal prosecutor has blown the whistle on New York Attorney General Letitia James' office and said he was ordered to find crimes committed by President Trump
00:03:44.420 and people affiliated with Trump despite zero evidence.
00:03:48.480 According to the Times Union, Assistant Attorney General Daniel Weisenfeld
00:03:52.160 sent an agency-wide email to thousands of employees in the New York Attorney General's office
00:03:56.620 claiming his supervisor, Shamiso Masawasi, instructed him to target Trump himself,
00:04:03.280 Truth Social, Hewlett-Packard, a DOJ-approved merger,
00:04:06.600 without having a credible reason for targeting the organizations or individuals.
00:04:10.860 The Times Union obtained these emails that were sent down on Friday.
00:04:13.500 The email was immediately deleted and wiped off the office's servers.
00:04:17.500 Daniel Weisenfeld wrote a follow-up email after his original message was deleted.
00:04:21.960 Imagine that. Tish James caught in the middle of a scam?
00:04:25.640 Say it ain't so, folks. Say it ain't so.
00:04:29.680 Now, speaking of Tish James, the 2020 election, all that good stuff,
00:04:33.840 Todd Blanche, the new attorney general, has reportedly secured Dominion voting machines from 2020 election
00:04:39.740 that allegedly showed proof of foreign involvement.
00:04:42.460 A major lawsuit was submitted by Fulton County, Pennsylvania against officials and the Dominion voting systems in September of 2022.
00:04:50.360 The lawsuit focused on violations of their contracts, certification issues, connectivity issues, and the alleged presence of foreign database and scripts on the systems.
00:04:59.980 Some of the claims are on par with the debunked rumors associated with the most secure election ever.
00:05:05.140 claims that including internet connectivity, outdated security protections,
00:05:09.840 and remote accessibility and random USB drives inserted.
00:05:14.240 Will Todd be the savior of the day?
00:05:17.620 I certainly hope so, folks.
00:05:19.340 Please be sure to join us tonight, 6 p.m. Eastern time,
00:05:21.500 and each and every night, 6 p.m. Eastern, for The Great America Show,
00:05:24.080 Rumble, YouTube, Twitter, wherever you guys join us.
00:05:25.620 We will see you there.
00:05:26.580 I'm John Fossett with this Great America Show midday update.
00:05:29.360 Happy Monday, folks, and we'll see you tonight for The Great America Show.
00:05:31.640 God bless you.