“Nobody’s Getting $300 Billion Fund” - JD Vance On Iran’s Reconstruction Fund Explained
Episode Stats
Harmful content
Toxicity
3
sentences flagged
Hate speech
12
sentences flagged
Summary
In this episode, we discuss the deal between Iran and the United States on Iran's nuclear program, the Iran deal, and the funeral of Ayatollah Ali Khamenei. We also hear from Ed O'Keefe, VP of the Joint Comprehensive Plan of Action (J.D. Vance) and Sen. Lindsey Graham.
Transcript
00:00:00.000
Meanwhile, Iran's holding the funeral for Ayatollah Ali Khamenei,
00:00:26.100
Yeah, but they needed safety to be able to do the ceremony the way they're going to do it.
00:00:33.000
Can you pull up the clip of what Vance said denies that Iran will receive billions of dollars of assets in the deal?
00:00:47.100
And even though U.S. is brokering the deal, if I'm not mistaken, it's not $300 billion that taxpayers will be paying.
00:00:53.340
I think it's an element of multiple different countries that are involved in that.
00:01:04.540
People say that billions of dollars of assets will be released.
00:01:08.760
What is true is that Iran will have a much better and much more prosperous future if
00:01:14.480
they meet the obligations they make in this agreement.
00:01:17.840
That's one of the things we're going to work out in the technical talks that will follow
00:01:22.580
Mr. Vice President, it's Ed O'Keefe, and we're so glad you're here in part because as Republican
00:01:26.240
Senator Lindsey Graham said yesterday, you are the architect of this deal, so let's walk through
00:01:29.900
some of this. The Iranians are saying that they're going to have access to a $300 billion
00:01:33.860
reconstruction fund. True or false? Well, Ed, that's the sort of thing they
00:01:40.460
could have access to, funded by the Gulf Coast coalition, so long as they honor their end of
00:01:45.880
the obligation. I think that one of the things you're going to see, Ed, and people have to be
00:01:49.440
skeptical of this, is that the hardliners in the Iranian system will overemphasize the benefits
00:01:55.280
that Iran gets while underemphasizing all the things that they have to concede and all the
00:02:00.860
things they have to provide in order to get these benefits. So we absolutely are open to the Gulf
00:02:06.860
Coast countries investing in the reconstruction of Iran, but only if Iran ends their nuclear program,
0.57
00:02:13.600
ends their enriched stockpile of material and is really open to an inspections and enforcement
0.66
00:02:19.560
regime that gives the american people confidence they're never going to have a nuclear weapon so
00:02:23.800
i i think i think the dance you're going to see ed which is going to be interesting
00:02:27.420
is the iranian media especially the hardline media they're going to talk a lot about what
00:02:32.180
they get without talking about what they give it's important for all of us to correct that record
00:02:38.860
Well, listen, one thing he didn't want to hear is you are the architect.
00:02:44.960
I mean, that is like, you know, this is lawyer talk.
00:02:54.460
He's setting J.D. Vance up or somebody is for a big win or a big fall.
00:03:00.340
Yeah, so this $300 billion is not reparations, just so you know.
00:03:04.820
Everybody wants to know who controls the money.
00:03:09.920
Apparently, Gulf states are going to be involved.
00:03:19.800
There are certain things that they could do to screw up even getting the money.
00:03:28.120
while ensuring a financing of at least $300 billion agreed upon by both parties
00:03:35.900
for the rehabilitation and economic development of the Islamic Republic of Iran
00:03:40.900
together with regional partners to create a comprehensive plan that will be formulated within 60 days.
00:03:48.080
They're saying financing. They're not saying that this is more pallets like Obama sent over there.
00:03:57.120
Do you remember everybody was upset when Dick Cheney, I mean, the United States arranged for Halliburton to go back and rebuild Iraq?
0.92
00:04:06.480
Well, now it's all the little Halliburtons that are in the Gulf states.
0.99
00:04:09.340
They're all going to get their piece of the pie.
1.00
00:04:15.680
And so they're saying, Pat, it's a $300 million financing.
00:04:22.660
And so it's not pallets of cash the way Obama did previously.
00:04:27.540
And what you hope, what you hope, since Trump is a construction guy,
00:04:32.080
the way you build buildings is you meet certain thresholds
00:04:37.660
You don't just get the money up front if you want to be bonded.
00:04:42.060
You meet certain thresholds and then you get a draw and then a draw and a draw.
00:04:48.140
I would think, listen, Trump is a construction, that's his business.
00:04:54.800
And he's used construction throughout his presidency,
00:04:58.540
and I can't imagine him rebuilding anything without certain thresholds
00:05:07.420
And I think one of those draws is going to be the dust.
00:05:11.920
Yeah, and by the way, the key in there is you don't get any of that.
00:05:21.680
And if you don't release the enriched uranium that Trump said,
00:05:24.780
U.S. needs to see it, I don't want to have another country see it.
00:05:28.500
If that doesn't happen, you're not getting that set up in place
00:05:36.200
My opinion, they're never going to see that $300 billion.
00:05:39.180
They could have called it $18 trillion gazillion.
00:05:42.840
because it's all predicated on if they change their behavior or not.
00:05:48.320
Remember in 2016, we all learned the word quid pro quo.
00:05:54.680
This entire deal is based on the premise that they're going to be rewarded for good behavior.
0.99
00:06:00.900
So Iran, the biggest terrorist regime in the world, the smelly kid on the playground,
0.98
00:06:04.580
is just going to overnight be like, we want to be friends with everybody.
1.00
00:06:09.680
So whether this is $300 billion or $300 gazillion, they're never going to see this money because they're not going to change their behavior.
00:06:17.640
Trump did an amazing job on his birthday cutting this deal.
00:06:21.260
We all know that once midterms is done, I don't think Iran is going anywhere.
0.95
00:06:25.660
We'll probably be reengaged with Iran after midterm.
0.97
00:06:28.460
If you are a father and you want to find out how to raise strong kids in this crazy time that we're living in, I'm hosting a free webinar.
0.97
00:06:38.120
Fathers, one of the most powerful quotes I ever heard was the following.
00:06:47.980
The more we raise the standards on the way we lead, on the way we live, on the way we make money,
00:06:53.420
on the way we take care of our kids, that becomes the floor for them to go above it.
00:06:57.640
So if you're watching this, I know deep down inside, we all want to be great fathers.
00:07:03.560
You want to look at them, do great things, bigger than you and I did in our lives, right?
00:07:07.540
If that's important to you, because I know it is, July 1st, 6 p.m. Eastern Standard Time,
00:07:12.900
I'm doing a free webinar to share with you what's worked for me and what hasn't.
00:07:16.600
If you want to be a part of it, click on a link above or below.
00:07:24.760
Everybody at the end will get the notes to be given.
00:07:27.780
Ten conversations you should have with your sons.
00:07:32.140
If you haven't registered before, go to vtwebinar.com.
00:07:36.500
If you enjoyed this video, you want to watch more videos like this, click here.
00:07:39.140
And if you want to watch the entire podcast, click here.