The StoneZONE with Roger Stone

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00:00:43.340 This is the Stone Zone with Roger Stone.

00:00:47.140 People love him and respect him.

00:00:48.580 Roger Stone.

00:00:49.880 Now, get in the zone. 0.94

00:00:51.780 It's the Stone Zone.

00:00:53.820 Here's Roger Stone.

00:00:56.280 And I'm Jake Novak filling in for Roger Stone here on this Tuesday evening, last day of March.

00:01:03.360 I have a breaking story, an exclusive story for you coming up about 15 minutes after the hour, more like 20 minutes after the hour.

00:01:11.100 We're going to talk to an Iraqi general who was one of our big allies in the Persian Gulf War.

00:01:17.680 And he's going to have a very interesting update on this American journalist.

00:01:22.000 Her name is Shelley Kittleson.

00:01:24.120 Last we heard, she was kidnapped today by a pro-Hezbollah group in Iraq.

00:01:29.520 And this is a developing story, a breaking story.

00:01:32.600 You're only going to hear it here, so stay tuned for that about 20 minutes after the hour.

00:01:37.060 But I want to talk to you first about a little bit.

00:01:39.840 I'm going to pull the curtain from a little bit in this business.

00:01:42.860 I've been in the television and radio news business for 32 years.

00:01:48.740 And I want you all to imagine just for a second that you are the news director, the head honcho,

00:01:52.540 of the person who really makes the decisions for a TV news station or a radio news station

00:01:57.540 coming into work this morning.

00:01:58.960 You had two choices in front of you.

00:02:01.760 You had two choices in front of you.

00:02:04.460 You had, again, let's pretend it's TV.

00:02:07.160 You had spectacular, confirmed, incredibly engaging video of the U.S. blowing the hell

00:02:13.480 out of Isfahan, these underground missile caches, massive explosions.

00:02:19.080 You could tell that the bombs were hitting them, and then the bombs were setting off the missiles inside.

00:02:23.420 The biggest explosions we've seen of this war, and we've seen a lot of big explosions.

00:02:28.280 As they used to say on SCTV on that show, The Great White North, it blowed up real good.

00:02:34.600 It blowed up real good.

00:02:36.120 It was really good video, and it was strategically very important.

00:02:40.420 This was a major blow to the Iranian missile arsenal.

00:02:44.660 Yes, they still have some left.

00:02:45.900 But it was also, as my friend Matt Tardio, who's a former Green Beret, informed me, and then he did it on his own social media account, they also took out one of the most important long missile launching sites.

00:02:57.600 And when you think of a missile launcher, it's not just like one launcher.

00:03:00.000 It's an entire base of launchers.

00:03:02.720 And a very long stretch of the missile launchers were destroyed.

00:03:06.320 This is a big story.

00:03:06.980 Now, if you're not a cheerleader for Donald Trump or you don't want to be accused of that, I can understand you want to just basically say this is clearly a major attack.

00:03:16.160 It's clearly a major hit.

00:03:17.880 You can be very, very conservative about it, but you can tell your audience, look at this incredible explosion.

00:03:24.200 There are some military experts who are not partisan telling us this is a significant strategic win for the United States right now.

00:03:32.100 Just saying it doesn't mean the war is over, none of that, not saying any of those things.

00:03:36.980 So that was choice A. You could have led with that. And remember, TV's a visual medium. And by the way, if you wanted to do it on radio, there was plenty of great audio of those bombs exploding, which is not as engaging, I understand, as watching big fireballs blowing up in the sky, but it's pretty engaging.

00:03:54.280 So that was choice A. Your second choice was to go with the story that was reported by one source that President Trump said something to somebody else about maybe ending the war in the Strait of Hormuz.

00:04:06.980 I mean, how many times is the news media going to report on Trump saying something, and it turns out he either didn't say it or he meant it in a larger context, et cetera, et cetera, et cetera?

00:04:16.660 I mean, we've been dealing with this for 11 years now, and no one seems to learn it.

00:04:20.620 But let's say it really was something that you wanted to report real bad.

00:04:24.800 That's what you're going to choose over bombs exploding, massive explosions?

00:04:28.900 i would tell you about this big explosion in this major major major deal and major

00:04:35.240 blow dealt to the iranian military but first uh there's an unconfirmed report that president

00:04:39.680 trump said uh to somebody else who does that interest these people in the mainstream news

00:04:46.660 media aren't just losing because of partisanship they're not just losing because they're in a new

00:04:52.160 york dc bubble they're not just losing because they want to be negative all the time they're

00:04:56.600 losing because they're bad at their jobs just to make things clear to you staying truthful is what

00:05:05.660 is something that we have to do but other than that our job is to get your attention i'm trying

00:05:11.520 to get your attention right now by telling you about this that's how we get paid in this business

00:05:16.980 we need to show advertisers that a lot of people are listening to me we need to show advertisers

00:05:22.260 when i was in tv that a lot of people are watching me then i need to show them that they're watching

00:05:26.220 even longer than they're watching other programs or listening to other programs that's how we make

00:05:31.500 a buck in this business and it is a business by the way but you wouldn't know it this is a for

00:05:37.820 profit business that the content of which is mostly run by people who don't think for profit

00:05:43.340 and you might think well that's great they're they're just trying to be really really smart

00:05:46.860 and decent and sometimes the most important stories aren't going to get as many clicks and

00:05:50.520 viewers baloney that means you failed if it's truly an important story if it's truly the

00:05:55.860 truth, if it's truly getting down to what we really need to know about, and you don't

00:06:00.820 know how to make that exciting and interesting and getting people to listen, then you have

00:06:04.240 failed.

00:06:05.180 But I wish that were the biggest failure.

00:06:07.400 That's not their biggest failure.

00:06:08.480 If their only failure was, gee, there's this major problem with the sewer, and everyone's

00:06:12.820 going to die in the city, and I don't know how to make that exciting, that's not their

00:06:16.160 biggest problem.

00:06:16.720 The biggest problem is they don't know what the great stories are.

00:06:20.460 president trump allegedly saying something is not a story anymore he says a bunch of things all the

00:06:29.920 time he is the most accountable president we've ever had because he's so upfront about all the

00:06:35.740 stuff that he says all the time and every single thing he tries to do policy-wise gets challenged

00:06:41.140 in the courts gets challenged politically etc etc etc it never ends it never ends

00:06:48.020 now as a lifelong journalist i'm grateful i no longer have to pretend or think or guess what

00:06:54.980 the president is thinking i've always wanted to have politicians who just told us what they were

00:06:58.300 really thinking for crying out loud and i thought that's what my colleagues wanted also that's what

00:07:01.960 they said they wanted but apparently it's not and trump allegedly saying something when he says

00:07:08.920 something very openly that you don't have to allege he'll just say it for you and i'm going

00:07:12.340 to read something that he said earlier today that's much more interesting than what he's

00:07:15.440 alleged to have said by some source we don't know is still not as interesting as it blowed up real

00:07:21.480 good isfahan blowed up real good last night i mean really good bombs exciting stuff you can't

00:07:30.540 make this up and you don't show that on your television network and you don't play the audio

00:07:36.180 of that on your radio channel what the heck is wrong with you you are in the wrong business i

00:07:40.680 got i can find plenty of people in my life who can bore me and tell me something that's less

00:07:44.780 that's less interesting i don't need to spend my time and tune into my tv and turn on my radio

00:07:50.120 to have somebody bore me bore the heck out of me i don't need that

00:07:53.880 and the fact that these people don't understand that we are in the get your attention business

00:08:00.180 and don't seem to care that's why they're failing ultimately at the end of the day you could be

00:08:05.860 right wing and still fail if that's the way that you do your business you can be left wing and

00:08:09.920 fail which is what they're doing you can be one of these people who only wants to do stories that

00:08:13.900 affect New York and still fail

00:08:15.980 at your job. If you don't know how to make

00:08:17.940 things interesting, if you don't know how to make

00:08:20.000 it brief, if you don't have, I mean, I could

00:08:21.900 have, for example, I could have told you about this whole

00:08:23.560 Isfahan thing with a five-minute build-up, telling

00:08:25.820 you where it is on the map, telling you about

00:08:27.640 blah, blah, blah. I mean, it's just,

00:08:29.560 it's where they put a lot of their missiles

00:08:31.540 underground, and we blew them up.

00:08:34.540 Yes, you do need to

00:08:35.580 know more if you're writing a term paper about it.

00:08:37.840 You do need to know more if you're going to testify

00:08:39.580 before Congress about it, but if you're my listener here

00:08:41.760 on the radio, I just told you enough.

00:08:44.620 If you're that much more interested in it, go look it up.

00:08:46.760 That's great.

00:08:47.440 But I'm in the business of getting as many people interested in a story as possible.

00:08:52.780 And speaking of which, when we come back, we're going to talk to the general, the Iraqi general who fought on our side.

00:08:59.020 He's known as the hero of Mosul, who is very much involved in trying to rescue this American citizen who's been kidnapped.

00:09:04.660 We're going to get an update for him.

00:09:06.260 That should grab your attention.

00:09:08.460 I'm Jake Novak in for Roger Stone here on The Stone Zone.

00:09:10.580 We're going to be right back.

00:09:11.640 This is The Stone Zone.

00:09:13.900 with roger stone he likes politics and he's a professional at the highest level roger stone

00:09:21.260 listen to this podcast now on the red apple podcast network the leadership thread with

00:09:36.760 dr peggy polonis i'm dr peggy polonis join me on each episode where i unravel the story that

00:09:42.800 shaped leaders tracing the thread that led them where they are today because leadership isn't born

00:09:47.520 in adulthood and thank you once again for joining us on the leadership thread education ethics and

00:09:53.260 sustainability download all of red apple media's podcasts right now through your favorite podcast

00:09:59.800 platform this is the stone zone with roger stone roger stone who's a very very one of the smartest

00:10:16.680 political minds roger stone was persecuted people forget he's actually a brilliant brilliant

00:10:21.460 political analyst now get him his own it's the stone zone here's roger stone and i'm

00:10:29.420 Jake Novak filling in for Roger Stone on this Tuesday night.

00:10:32.500 Shelley Kittleson is a U.S. freelance journalist, U.S. citizen freelance journalist. 0.99

00:10:38.540 I am not very familiar with her work, but I do know that she is a U.S. citizen.

00:10:42.860 And I also know that she was kidnapped, grabbed up today in Baghdad or around there

00:10:47.560 by what looks like a Hezbollah-aligned terrorist organization.

00:10:52.640 That means they're connected to Iran.

00:10:54.640 On the line right now, though, but I will tell you something.

00:10:56.800 Shelly Kittleson is not without friends and not without people trying to save her.

00:11:01.580 That's really as clear as I can get.

00:11:03.620 On the line with us right now is General Najima al-Jabouri.

00:11:06.440 He's known as the hero of Mosul.

00:11:08.040 This is someone who fought by our side in the Persian Gulf War.

00:11:12.140 And I know that English is not your first language, so we may be getting some help a little bit from one of your associates.

00:11:17.720 But, General, can you tell us the situation with Shelly Kittleson right now?

00:11:21.700 Do we know how she is, and are we close to maybe getting her back?

00:11:26.800 What was the case about Irak?

00:11:54.800 and that these people who have been in Iran

00:11:59.160 are trying to kill Iraq to the next quarter. 0.94

00:12:03.160 Immediately upon learning of Ms. Shelley's abduction,

00:12:06.920 I contacted my network of high-ranking Iraqi officers

00:12:09.560 and conveyed that this kidnapping incident

00:12:12.220 does not benefit Iraq or the U.S.

00:12:15.600 In fact, it may have negative consequences.

00:12:17.880 And within minutes, the directive was given

00:12:19.340 to mobilize the Iraqi army,

00:12:21.340 which increased their search and rescue efforts

00:12:23.480 across all checkpoints in the city of Hila to prevent her from being taken across the border.

00:12:53.480 But there didn't have to kal aula 0.99

00:13:22.140 So the outcome of this effort was that the Iraqi teams who we were able to reach out to through advisors and officers had gathered information within the hour.

00:13:37.200 And these Iraqi teams were able to track her.

00:13:39.580 The military subsequently stopped the kidnapper's car, were able to recover Shelley Kilson's passport.

00:13:45.420 However, she was not found, and the investigation is ongoing in Northern Babel.

00:13:52.140 This is an area that is located south of Baghdad.

00:13:55.920 Now, within minutes, the network ascertained that her kidnappers had transferred her to Hela in the province of Babam.

00:14:03.700 At that checkpoint, close to Mosey, the Iraqi military noted a vehicle that did not cooperate,

00:14:10.820 and they identified a female inside the vehicle and opened fire.

00:14:14.040 The car flipped over.

00:14:15.060 However, it seemed that the kidnappers may have had another car, which they used to quickly transfer Shelly,

00:14:20.840 but could not rescue the first driver, the kidnapper, in the first car.

00:14:26.060 And the Iraqi authorities have the suspect under arrest,

00:14:29.320 and there is an ongoing investigation.

00:14:33.320 Go ahead, General.

00:14:35.800 Go ahead, go ahead.

00:14:38.260 Again, you're listening to General Najib Al-Jabori with the help also with the translator.

00:14:42.520 I'm Jake Novak, in for Roger Stone here in the Stone Zone.

00:14:44.640 This is the very latest.

00:14:46.340 Nobody else has this, the exclusive story here on what's going on right now

00:14:49.640 in the attempts to rescue a U.S. citizen.

00:14:53.040 Her name is Shelly Kittleson.

00:14:54.100 She's a freelance journalist working in Iraq.

00:14:57.320 She was grabbed up earlier today.

00:15:00.180 And tell us a little bit what you know, General,

00:15:02.400 about who you think is responsible for this.

00:15:04.660 The responsibility of this is that it is one of the most prominent in Iran.

00:15:14.320 But now I can't remember with the Betab Fizmilla. 1.00

00:15:17.820 The other thing is

00:15:25.080 because now, the government is confirmed by force now,

00:15:26.320 the government has confirmed a lot of this.

00:15:31.520 The lieutenant

00:15:35.740 is now the government.

00:15:37.740 We do not recognize without

00:15:42.220 To the investigative efforts of the Iraqi authorities, including the Prime Minister and the Minister of Interior,

00:16:03.100 we believe that the U.S. journalist Shida Kilson, who was kidnapped, was kidnapped by the Iranian-backed militia,

00:16:09.620 This happened near the Palestine Hotel in central Baghdad.

00:16:15.420 Okay. We only have about a minute left, but I want to ask the general, what do you think the chances are that Ms. Kittleson could be rescued? We understand that we believe that she is probably injured, but what do you think the chances are, and are the next several hours the most critical in trying to get her back?

00:16:45.420 and the internal system and the internal system.

00:16:51.420 The whole thing is now that you have to learn about it.

00:16:54.420 Also, the members of the FBI from the United States also

00:17:02.420 came to Baghdad for the realization of this issue.

00:17:06.420 I believe that, in God's way,

00:17:08.420 that it can be found in the region

00:17:11.420 and that it can be found in the region.

00:17:14.420 God willing, yes, the chances are high because all of the Iraqi security apparatus is involved, including the FBI as well.

00:17:21.860 The United States FBI is now, we just received information that they are also involved in the investigation on the ground.

00:17:28.240 So we believe that the Iraqi government, the authorities are taking this very seriously.

00:17:32.560 And through our connection, our network, we are able, we have full confidence that they are working very hard at this.

00:17:39.600 and that we are looking forward

00:17:43.200 to hearing good news

00:17:44.120 regarding the situation.

00:17:45.660 General Najeeb al-Jabouri,

00:17:47.460 thank you so much for joining us.

00:17:49.120 Thank you so much for your efforts.

00:17:50.900 Again, whether you're familiar

00:17:52.200 with Shelley Kildeson's work or not,

00:17:54.100 this is an American citizen.

00:17:55.680 This is an Iranian-backed militia 0.85

00:17:57.560 that's most likely her kidnappers,

00:18:00.340 perhaps trying to use her

00:18:01.940 as some kind of leverage in the war

00:18:03.460 wouldn't be a great thing by any stretch.

00:18:06.020 So thank you so much for joining us

00:18:07.380 and please keep us updated

00:18:08.460 at the situation.

00:18:09.600 be happy to talk to you again real soon thank you again general all right when we come back

00:18:13.560 ladies and gentlemen warren buffett yes he's still around and he's still hoodwinking a lot

00:18:19.040 of people in the country with his aw shucks lovable granddad act but i'm not one of the

00:18:23.700 people he's fooling i'll be right back with that story

00:18:26.060 We'll be right back.

00:18:56.060 This is the Stone Zone with Roger Stone.

00:19:16.080 Roger Stone, who's a very, very, one of the smartest political minds.

00:19:20.200 Roger Stone was persecuted.

00:19:21.440 People forget he's actually a brilliant, brilliant political analyst.

00:19:24.320 Now, get him a zone. It's the Stone Zone. Here's Roger Stone.

00:19:30.360 And I'm Jake Novak filling in for Roger Stone, having a fantastic time this evening.

00:19:35.260 I really appreciate the opportunity.

00:19:38.500 Warren Buffett, folks, you know, let me say something first about this, because this is important.

00:19:43.900 I don't think Warren Buffett is an evil man. I'm not here to turn him into the devil incarnate.

00:19:49.800 that's not my point here but he is a normal man morally what he is not normal at is that he's

00:19:56.900 probably the greatest individual investor we've known for a long time maybe forever

00:20:00.560 that's true he's a brilliant person beyond uh the brilliance of most people absolutely

00:20:06.700 but when it comes to morality he has hoodwinked this country for many many years about what a

00:20:12.520 kindly old gentleman is and oh shucks i'm just making money and trying to do what's right for

00:20:17.900 this country no he's trying to make money for himself and he has every right to do that

00:20:20.940 but he continues to hoodwink most of this country the people who pay attention to this man and he

00:20:25.740 did it again this morning now he had one of his many interviews he's done for the for years with

00:20:30.880 becky quick a very nice woman who works at cnbc former colleague of mine and becky has had kind

00:20:36.440 of the she hasn't had the exclusive well buffett does give interviews to other people but nothing

00:20:40.820 like he does to becky quick and uh you know the first thing you notice that warren buffett is

00:20:45.620 very much looking very much like his more than 90 years age I mean he looked older and he was

00:20:50.240 slower on the uptick and that's to be expected I hope however I'm as sharp as he is when I'm his

00:20:55.060 age so but you know that was noticeable but Warren Buffett who has been playing this game

00:21:01.820 with the American public for a long time about how he's sure he's a billionaire and sure he's

00:21:06.300 always about making more money but he's a good guy he wants he wants to help the poor he wants

00:21:12.480 to help I don't again I'm sorry I don't see any extraordinary evidence of that for one thing

00:21:19.840 he's actually never really given any money to charity all of them billions that Warren Buffett

00:21:25.260 finally started to give because for a while he wasn't even doing anything remotely like charity

00:21:29.140 is our donations that he's given to the Bill Gates Foundation and he hasn't really been paying all

00:21:37.480 that much attention apparently to what Bill Gates is doing not only with the foundation but what

00:21:42.460 he does in his personal life so becky asked a question i give her a lot of question a lot of

00:21:48.140 credit for this she said hey you know with all these epstein file revelations about bill gates

00:21:52.200 and some of his very very immoral activities and very questionable judgment which is a more

00:21:58.960 important part of this question what do you think now and we got the aw shucks answer from warren

00:22:04.980 buffett listen to this this is cut for 60 billion dollars um since 2006 when you first started

00:22:12.380 giving money away the bulk of that has gone to the bill gates foundation what have you thought

00:22:17.540 about all the emails in the epstein files related to bill gates

00:22:22.180 i won't say what i thought about them particularly related to bill gates but i would say

00:22:27.720 it's astounded me

00:22:31.140 how human people are

00:22:34.180 here you had a guy that was a convicted guy

00:22:40.640 a sensational con man

00:22:42.760 and the percentage of

00:22:46.740 people that he knocked off

00:22:50.180 he found their weakness

00:22:52.860 it might be sex, it might be power 0.99

00:22:55.460 whatever it might be

00:22:57.380 and i don't see how anybody could have pulled that off uh and then and of course all these figures

00:23:06.260 think that it's going when he dies that ha you know they've they've they've basically lied about

00:23:14.860 it before but i mean you know it uh lied about their associations with epstein you mean well i

00:23:21.140 I mean, you know, they've rationalized it one way or another.

00:23:25.300 I mean, Warren Buffett sounds like the moose in Wally World and National Lampoon's Vacation.

00:23:30.460 Sorry.

00:23:31.500 I mean, honestly, come on.

00:23:33.860 You've given $60 billion to this guy's foundation and you're not, you're surprised.

00:23:38.960 I was always surprised.

00:23:40.340 I mean, come on, Warren.

00:23:43.840 The reason why you liked giving money to Bill Gates is because it was easy.

00:23:47.500 You didn't have to investigate any charities.

00:23:49.220 you didn't have to and you actually really didn't have to part with that much money

00:23:52.520 it was money it was just paper to you and by the way i'm not alone in this don't say oh mean old

00:23:59.300 jake novak filling in for roger stone going after warren buffett and questioning this charity

00:24:03.120 it's not just me just in the last couple of months a number of other billionaires have

00:24:07.960 stood up and said this whole bill gates warren buffett charity thing is a scam it's a great way

00:24:13.820 not to give charity immediately.

00:24:16.340 You know, in my religious tradition,

00:24:18.480 one of the few good deeds that you do

00:24:21.180 that doesn't have to come with the blessing

00:24:23.040 is giving charity.

00:24:24.320 The reasoning being,

00:24:25.500 if you start with all the blessings

00:24:26.680 and all the pomp and circumstance,

00:24:28.140 you're going to delay the actual giving of the charity.

00:24:30.060 Just give the darn charity

00:24:31.080 and you'll get credit for it.

00:24:32.440 Stop with the blessings

00:24:33.200 and stop with the pomp and circumstance

00:24:34.880 and the ribbon cutting

00:24:36.100 and all that other nonsense.

00:24:37.840 Don't do it.

00:24:38.400 Just give the charity.

00:24:40.320 And Warren Buffett is all about

00:24:41.540 delayed gratification on that sucker.

00:24:43.820 warren buffett is also someone who for years opposed the pipelines the keystone pipeline

00:24:50.520 other pipelines why because he's such an environmentalist no because he owns the

00:24:54.680 railroads that have to ship the oil that the pipelines don't exist again he has every right

00:24:59.700 to do that he's trying to make a little more money but don't cast this man as some kind of

00:25:04.940 great kindly old guy who's trying to save the environment he's trying to save his railroad

00:25:08.300 business which by the way is much worse for the environment look up how many times there's been

00:25:13.460 problems with rail hauling oil and dangerous chemicals remember that town in ohio remember

00:25:20.020 that town in canada that completely got eviscerated and annihilated i should say by a by a train by a

00:25:27.420 train that was coming in with a bunch of oil in and it burned the whole town not to mention the

00:25:31.980 other emissions warren buffett's a guy who's been a big fan of boosting the inheritance tax because

00:25:37.560 he why because he really wants to spread the wealth no because he owns businesses that allow

00:25:42.880 to get around the inheritance tax, and if the inheritance tax rates are jacked up,

00:25:46.680 he's going to get more customers for his annuities and other businesses

00:25:50.160 that get around the inheritance tax.

00:25:52.060 I mean, please, can we not be such dopes?

00:25:56.580 But Warren Buffett is still a smart guy.

00:25:59.140 I didn't say he wasn't smart. I led with that, and I don't think he's an evil man.

00:26:04.040 He understands how to make money, and that's why I'm also going to give him some credit,

00:26:07.960 and I'm going to play you another thing he had to say in this Becky Quick interview

00:26:10.520 where he talks very, very wisely about the recent market downturn.

00:26:15.500 Listen to this.

00:26:16.840 The market has come down substantially.

00:26:19.360 Not substantially.

00:26:20.380 Well, you've got both the Dow and the NASDAQ in correction territory.

00:26:24.360 It's the worst performance on a quarterly basis for stocks in about four years.

00:26:29.060 Do things look cheaper to you?

00:26:31.580 No.

00:26:31.840 Well, three times since I've taken over Berkshire, it's gone down more than 50%.

00:26:42.180 I mean, if you look at the markets of, oh, the worst probably was the 2007-8 period,

00:26:50.540 although it was that one Monday when you had 21% in a day.

00:26:55.700 I mean, this is nothing.

00:26:58.660 I mean, this is nothing to make you get excited and think there's huge valuation.

00:27:04.600 If they're 5% or 6% cheaper, that doesn't, we aren't in it to make 5% or 6%.

00:27:11.600 I mean, I love that.

00:27:13.900 The market's down 5% or 6% in the last couple of weeks, and we're not in it to make 5% or 6%.

00:27:20.860 And he's really looking down his nose, rightfully so, considering his record at people who make a big deal out of these kinds of market moves.

00:27:28.660 Now, I'm not whistling past the graveyard, ladies and gentlemen.

00:27:31.800 We could be in for some tough times in the market.

00:27:33.920 I actually think we're going to have a big jump in the market in a few weeks, starting in a few weeks.

00:27:38.060 That's just my opinion.

00:27:39.140 I am not a financial advisor.

00:27:40.660 Please don't bet on what I just said.

00:27:42.420 Do your own research.

00:27:43.680 Speak to your professionals.

00:27:45.080 I'm just telling you what I'm predicting.

00:27:47.480 But honestly, folks, this is a really good, again, proof that I'm not here to just trash Warren Buffett.

00:27:54.920 I'm not.

00:27:55.280 I'm just trying to give you the truth about the man.

00:27:57.840 And he fools us with the all shucks thing and then got really, really honest.

00:28:03.000 I mean, he was really honest there.

00:28:04.820 But then we're not in it to make five and six percent.

00:28:07.160 What do you think we are?

00:28:08.060 I've got a day trader morons.

00:28:09.940 I mean, I'm the greatest investor of all time.

00:28:12.420 Five or six percent.

00:28:13.240 That's that's that's peanuts.

00:28:14.880 And he's right.

00:28:16.600 He's right.

00:28:18.020 It is peanuts.

00:28:19.940 Five or six percent and a move here and there, even for people who are not as wealthy as Warren Buffett,

00:28:24.740 is nothing to get crazy about.

00:28:27.860 And another thing to remember always is that,

00:28:30.300 take a look at the rest of the world,

00:28:31.680 and I know we're all afraid of China,

00:28:33.420 and I know we're all afraid of some other powers out there,

00:28:37.020 but even when things are really, really ugly in the world economically,

00:28:42.060 the United States always ends up being

00:28:43.860 at least the prettiest horse in the glue factory.

00:28:46.760 And it's usually better than that.

00:28:48.520 Betting, and this is something that Warren Buffett says all the time,

00:28:50.900 and even some other people I really, really respect,

00:28:53.840 always bet on america because if america fails financially and politically and culturally then

00:29:00.480 you're not going to need to worry about where you should have invested you need to worry about where

00:29:03.880 you need to get your bomb shelter and your canned food because the rest of the world will not be

00:29:09.240 able to survive properly without a functioning united states of america which is why this is

00:29:12.880 so important for us to take care of certain things like our major enemies iran has been our major

00:29:20.000 enemy for a very, very long time. And to put this in Warren Buffett-like terms, for those of you who

00:29:24.540 are upset at the $4 average price of gasoline right now, although here in New York, it's still

00:29:28.380 lower than that. For those of you who are upset about maybe some of the other things that have

00:29:32.900 gone on in the market just the last couple of weeks because of the war, I want you to understand

00:29:36.720 something. You have been paying through the nose much more than you have the last couple of weeks

00:29:41.440 for 47 years because of Iran. I can conservatively say that the price of every barrel of oil sold 1.00

00:29:48.380 since these Islamist, fundamentalist morons 1.00

00:29:51.480 took over Iran in 1979.

00:29:54.960 I can very conservatively say

00:29:57.180 that every barrel of oil that's been sold since then

00:29:59.540 has been at least $3, $4, $5 more expensive

00:30:02.500 than it would have been

00:30:04.920 had it not been for these crazies

00:30:06.280 making the markets, threatening the markets,

00:30:08.540 threatening the world,

00:30:09.360 threatening the whole passage

00:30:10.340 through the Strait of Hormuz,

00:30:11.420 even during the so-called peaceful times.

00:30:14.460 We sell millions of barrels of oil a day in this world.

00:30:18.380 That's 47 years worth of, 365 days worth of millions of barrels sold.

00:30:23.900 We're talking about hundreds and hundreds of trillions of dollars, probably quadrillions of dollars.

00:30:30.440 That we have all spent, every country in the world, every peace-loving country in the world,

00:30:35.080 every oil-buying country in the world has already shelled out more than you can even imagine

00:30:40.860 because of Iran and the threat and the premium that they put on every barrel of oil 0.96

00:30:44.760 because you've got to pay the producers and the people who ship it a little bit of a premium

00:30:49.080 because they have to get so close to Iran all the time.

00:30:53.900 If I'm going calling DoorDash and saying,

00:30:56.300 I need you to get me those really good hamburgers from the most dangerous neighborhood in the world,

00:31:02.500 I'm expecting to have to pay a little bit more for that premium.

00:31:05.860 Imagine doing that for 47 years and then having to pay just a little bit more than that for a few weeks

00:31:11.260 so that from now on you don't have to pay that premium.

00:31:14.580 I wish I could come up with a better analogy than that, although I thought it was pretty darn good.

00:31:17.820 Plus, I'm really hungry for a hamburger, so that's what's going on in my mind.

00:31:21.140 I had an economics professor when I went to college, and I stupidly took the class right before lunchtime.

00:31:26.500 And for some reason, this economics professor used hamburgers as every example of a goods every time she was giving us economic models.

00:31:34.300 I wanted to wring her neck. Can you please do something other than food right before lunch?

00:31:37.920 So I'm sorry if I made you hungry, but you get the point here, folks.

00:31:40.560 we are paying through the nose for many many years for iran and i'm not even getting into

00:31:46.680 the military spending and the taxes there i'm not even getting into the prices of our airline tickets

00:31:51.980 that go up higher for security reasons iran is the reason for all the stuff we've been paying

00:31:56.480 for decades and decades don't you get it if we get them off the table we could could relieve

00:32:05.520 ourselves from these costs that we've been paying for almost half a century don't you understand

00:32:10.300 i think many americans do i think most americans do when they're explained this clearly but

00:32:16.920 sometimes they're not or when they get a chance to see all the facts but that's really what's

00:32:22.860 going on here that is really what's going on here all right when we come back here on the stone zone

00:32:27.780 i want to play you some sound uh having to do with the iran war some very smart words similar

00:32:33.500 to what i just said don't just take my word for it how about someone who's one of the titans of

00:32:37.080 Wall Street right now. Jamie Dimon's going to explain it to you even better, I think.

00:32:41.340 And we're also going to talk about an outrage in the city of Providence, Rhode Island. We'll be

00:32:45.260 right back. This is the Stone Zone with Roger Stone. He likes politics and he's a professional

00:32:52.020 at the highest level. Roger Stone. Where's Roger?

00:32:56.360 this is the stone zone with roger stone and he's a great great person roger stone

00:33:12.260 the stone zone

00:33:14.840 i'm jake novak filling in for roger stone you know i just talked about why we need to understand

00:33:25.160 that these temporary extra costs that we're paying for Iran

00:33:30.060 are a pittance compared to what we've been paying for 47 years,

00:33:33.360 but don't take my word for it.

00:33:34.600 Jamie Dimon is the CEO of JPMorgan Chase.

00:33:37.460 He's considered the most brilliant mind on Wall Street right now.

00:33:41.420 Here he is explaining it even better than I did.

00:33:43.600 Listen to this.

00:33:44.720 I think the markets are unpredictable,

00:33:47.920 and it's hard for me to tell you exactly what,

00:33:49.540 but I think they're just looking at,

00:33:51.060 is there a chance something can go wrong?

00:33:53.040 Now, we should all hope nothing goes wrong.

00:33:55.160 We should all hope that these bad people are, you know, that we win this thing and clean up the straits

00:33:59.780 and that Iran is no longer a threat to everybody.

00:34:02.580 But, you know, the markets will be concerned until it's over.

00:34:05.960 But I think it's very important.

00:34:07.920 It's much more important that this be successfully completed than what the market does.

00:34:12.240 And that sounds like what the UAE and Saudi Arabia and the Gulf states are saying.

00:34:16.180 Yeah.

00:34:16.500 Finish this off the right way.

00:34:18.240 They see the urgency here.

00:34:20.020 Yeah.

00:34:20.320 Do you?

00:34:20.880 Yes.

00:34:21.720 I mean, I hear some people say, you know, they weren't an imminent threat.

00:34:24.640 you know threat means i'm threatening you i might do something bad these people have been doing

00:34:28.680 something bad for 47 years they've been killing people they've been killing americans they funded 0.81

00:34:32.960 that terrible hamas thing that several americans were killed when in october 7th on october 7th

00:34:38.480 and so they've had proxy wars they've been threatening people i think people are surprised

00:34:42.800 to find out they had a ballistic missile and go 3 000 miles these are bad people and they needed

00:34:47.760 to be stopped and just yeah folks they've been killing people for 47 years but they've been

00:34:53.320 also making us pay for 47 years we've been paying more for oil for 47 years even when oil goes down

00:35:01.180 it's still there's a basement price that's built in because of the dangers of carrying oil and

00:35:08.560 and doing being in the oil business because there's a couple of terrorist countries now just

00:35:12.320 one really that that that makes this oil that brings this other produces it that also threatens

00:35:18.140 the shipping of it. We've been paying extra for our plane tickets, paying with our time at security

00:35:24.680 lines. I mean, we've already been paying and paying a lot more than we're paying right now.

00:35:29.740 That's Jamie Dimon saying it just as well as I did, maybe better, and that's fine. You know,

00:35:34.360 the other narrative that we've been hearing a lot is this ridiculous narrative that President

00:35:39.300 Trump was led down a primrose path by Israel and the Jews telling him to go and get involved in 0.98

00:35:45.300 the iran war and otherwise he never would have done this i want to play a soundbite from donald

00:35:51.560 trump doing an interview with barbara walters back in 1987 boy it looks like he sounds he really

00:35:58.000 sounds like a guy who never really thought of iran until a few months ago listen to this but as far

00:36:02.580 as trump is concerned our allies are only part of the problem the real culprit is iran why couldn't

00:36:08.520 we go in and take over some of their oil which is along the sea how would you do that would you send

00:36:14.000 in the marines would you take a chance in a war let them have iran you take their oil that's what

00:36:19.220 how how i mean do we want a war what do we take their oil you go in you're going to have a war

00:36:25.740 by being weak okay how do we go in what do we excuse me you're going to have a war and it's

00:36:31.560 going to start in the middle east what if the soviet union said you do this to iran we're going

00:36:35.720 to come in i don't believe they do it the next time iran attacks this country go in and grab

00:36:41.180 one of their big oil installations and i mean grab it and keep it and get back your losses

00:36:46.300 because this country has lost plenty because of iran yeah boy that's donald trump in 1987

00:36:52.280 but he needed bb netanyahu and some really crafty jews to tell him about what's going on 0.98

00:36:57.020 the guy knew about the situation in iran better than any of you did uh i mean come on already

00:37:02.700 stop with this nonsense it's so old too can you get something original if you want to do something

00:37:07.520 original i don't know talk about ai or something it's just really getting frustrating well also

00:37:12.540 frustrating is the incredible alternative reality so many elected officials are living in in this

00:37:18.940 country when it comes to basic common sense common sense is a big thing for me and for a lot of other

00:37:25.080 people and as you know several months ago we had a ukrainian immigrant arena zarutska who was killed

00:37:32.020 on a commuter train in charlotte north carolina not by an illegal immigrant not but by someone

00:37:37.160 who had many arrests who really shouldn't have been on the street and she was killed and it was

00:37:41.040 all in a very gruesome way but thankfully for the evidence it was all caught on tape

00:37:45.380 and now in providence rhode island to memorialize this woman a number of wealthy people have helped

00:37:51.860 sponsor a full-size mural of irina zarutska well here's what a state representative from providence

00:38:00.300 rhode island david morales has to say about that mural this is cut six ultimately we want to make

00:38:05.720 sure that every community member that calls providence home feels safe and we can both agree

00:38:11.480 that this mural behind us does not reflect providence's values nor does it reflect the

00:38:17.020 creativity that we want to see in our city providence's what values are you valuing a

00:38:22.720 repeat offender person who was out on the streets and killed an innocent person wouldn't that be

00:38:29.400 i thought providence's values were to welcome immigrants well here's an immigrant who came

00:38:33.000 to this country and got killed because of a municipality that didn't respect her decency 1.00

00:38:38.620 didn't respect her rights what i mean this is such an upside down world it doesn't reflect

00:38:45.320 our values if we want to memorialize a victim of a senseless crime and maybe learn something from

00:38:50.180 that and you know the the journalist listening that just just takes it in yeah whatever whatever

00:38:55.740 you say blah blah blah what do you mean that doesn't represent our values you know when there's

00:39:00.460 no pushback from the news media about things like this, people start saying crazier, crazier

00:39:05.440 things. Read about it in the book 1984, George Orwell. Eventually, they're going to tell us

00:39:10.840 two plus two is five. And when there's no journalist to push back on that live and in

00:39:14.500 person, they'll move on to other things. I'm Jake Novak. I've been filling in for Roger Stone this

00:39:20.180 evening on The Stone Zone. Thank you so much for joining me. I hope I was able to inform you a

00:39:25.240 little bit. Hey, take this information and use it in your online debates. See you soon.

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The Stone Zone ｜ 03-31-26

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