Verdict with Ted Cruz - BONUS： Daily Review with Clay and Buck - May 5 2026

00:00:00.000 This is an iHeart Podcast.

00:00:02.420 Guaranteed human.

00:00:04.780 Welcome in.

00:00:06.460 It is the Tuesday edition of the Clay Travis and Buck Sexton show.

00:00:11.480 Lots of different news stories to be following, as is always the case.

00:00:16.460 President Trump speaking right now in the Oval Office.

00:00:20.360 Already Pete Hegseth and General Cain have had a press conference at the Pentagon.

00:00:25.880 We will fill you in with the absolute latest there.

00:00:28.800 Indiana and Ohio are voting in primary season.

00:00:34.000 So if you are in Indiana and or Ohio, then you need to get out and get your votes in.

00:00:42.320 Vice President J.D. Vance traveled to Ohio to get his primary votes cast this morning.

00:00:48.680 Also footage of that.

00:00:50.380 But and and by the way, the state of Tennessee, where I am, has begun a new special session to see whether or not they can add another Republican seat to the Tennessee delegation in the wake of the Louisiana Calais case, which did away effectively with redistricting based on race.

00:01:15.660 so that is underway uh just real did you see the alito slap down oh yeah slap down of the

00:01:22.740 katanji brown jackson maybe we can delay this map 30 alito's like it's unconstitutional why

00:01:29.340 would we delay it because we want to have the unconstitutional map for the election anyway

00:01:34.480 um i i think it well i was thinking we'd have some fun with that at some point during the

00:01:39.620 course of the program because it feels to me increasingly with every one of these filings

00:01:45.180 that basically everybody's just fed up with Ketanji Brown-Jackson,

00:01:49.460 and it is Biden's final curse,

00:01:51.460 the worst four-year administration that any of us have ever seen,

00:01:56.040 in my opinion, in our lives,

00:01:57.620 and the lasting legacy of it, aside from all the inflation

00:02:02.460 and all of the racial antagonism,

00:02:05.940 is ultimately that we now have Ketanji Brown-Jackson

00:02:08.600 for the next 30 years. 0.96

00:02:09.900 She's Biden's final curse.

00:02:12.340 Counterpoint, Mr. Clay Travis.

00:02:14.300 democrats love her they love this they like having somebody who has the legal knowledge

00:02:22.440 and and skill of your average ms now trump deranged viewer so they think this is great

00:02:30.300 they think it's probably biden's best thing side note and i probably should even bring this up

00:02:36.140 you see what kamala's numbers are looking like these days oh she's gonna be the nominee 1.00

00:02:40.400 this is so this is so disappointing this is so just because because one she's gonna be the

00:02:46.760 nominee two you're gonna end up being right on something which drives me completely insane

00:02:50.840 and i i just i can see this train slowly coming toward me right now clay's victory dance is she

00:02:56.200 is going to be the nominee because she has already begun the campaign the numbers that continue to

00:03:02.380 come out reflect that she is substantially in the lead gavin newsom has already begun to fade

00:03:08.220 Everybody was talking about how brilliant he was.

00:03:10.160 Oh, he's doing all these different podcasts. 0.98

00:03:12.260 His wife is crazy. 0.99

00:03:13.880 California is a mess. 0.97

00:03:15.720 I'm going to try to regain some analytic dignity here by pointing out that I violated one of my own precepts of the foundation of the Democrat Party these days that we learned during the Biden administration, Clay, which is that it's not a candidate.

00:03:32.000 It's a machine.

00:03:33.600 The candidate doesn't really matter.

00:03:35.380 In fact, the candidate is a figurehead for the broader Democrat, you know, mechanisms to go into place.

00:03:43.280 If I had thought about that, I would not have made a foolish bet with you about Kamala, because, of course, Kamala can be the nominee.

00:03:49.940 It doesn't matter. 1.00

00:03:51.020 She's a Democrat. 1.00

00:03:51.960 She's black. 1.00

00:03:52.760 She's a woman. 1.00

00:03:53.900 They'll make it happen. 1.00

00:03:56.140 That is I think that is likely to be the case, unfortunately, as much as I wish it were not going to be the case.

00:04:03.720 But I would say the I think you probably sign off on this now.

00:04:07.800 The number one story going forward right now is what is the price of oil and gas?

00:04:13.760 Is that fair to be a rough proxy on?

00:04:17.420 We've got record highs in the stock market, and I don't want to play into Democrat talking points and their obsession with the price of oil and gas.

00:04:26.880 But I do think it's probably worthy of of analyzing right now.

00:04:32.460 as we speak crude oil futures right around a hundred dollars um they are coming down uh about

00:04:39.200 five percent today as this news has continued to come out uh pete hagseth says the ceasefire

00:04:47.360 is not over um we expected some churn listen to cut one no the ceasefire is not over uh ultimately

00:04:56.540 This is a separate, distinct project. And we expected there would be some some churn at the beginning, which which happened.

00:05:04.820 And we said we would defend and defend aggressively. And we absolutely have.

00:05:08.000 Iran knows that. And ultimately, the president's going to make a decision whether anything were to escalate into a violation of a ceasefire.

00:05:17.220 Here's an idea, Buck. And I know the White House monitors this and they probably have discussed it somewhat.

00:05:22.580 But I think there is an argument, and I will make it, and I believe it is actually a good argument.

00:05:29.240 I think if President Trump went out and said the United States is going to ensure the fair transit of the ships in the Strait of Hormuz by actually giving insurance to all of the ship owners that are in the Strait of Hormuz.

00:05:50.400 Let me explain what I mean by that.

00:05:52.800 That means if your ship gets hit and it goes under, the United States will help to pay the $100 million value of your ship and cargo.

00:06:03.840 And some of you are going to say, well, I don't like the United States taking on this obligation.

00:06:08.820 I would suggest to you that the price of oil and gas would drop almost $20 overnight if the United States said that.

00:06:17.820 And if the free flow of goods began again in the Strait of Hormuz, which means the cost of us making that insurance guarantee would actually be overwhelmingly paid for in the collapse of oil and gas prices, I think it would be a smart strategic move. 0.52

00:06:37.380 It also then allies the United States on the side of commerce, and I think Buck automatically sort of labels Iran then as the terrorist actor, because if they are going to attack any of these ships, we have established we want free and fair passage of them. 0.80

00:06:57.020 I would not include Iran in that guarantee right now until the peace agreement happens. 0.61

00:07:03.100 But every non-Iranian flagged ship, we can make the determination on it. 0.77

00:07:07.500 We would provide insurance to and free support for them to transit the Strait of Hormuz. 1.00

00:07:14.200 Crazy idea, good idea.

00:07:16.620 How do you assess it?

00:07:18.080 You need someone to pilot the ship, Clay.

00:07:20.100 I don't think they care that much that there's insurance if they're worried they're going to get blown up or shot or captured.

00:07:25.580 Oh, so you think, I think the pilots will go.

00:07:29.100 Oh, I think, you don't think so.

00:07:31.200 Clay, there was just a South Korean vessel attacked, what, in the last 48 hours?

00:07:35.960 I, let me put it to you this way.

00:07:38.600 If you're the captain of an oil tanker right now that's about to go in there,

00:07:42.840 are you like, well, Lloyd's of London has my back, so no problem.

00:07:46.280 I think if your boss said, hey, I want you to go, I think probably they go.

00:07:52.680 So I think the owners of this, you're right.

00:07:55.120 You're a model employee.

00:07:56.120 I would not.

00:07:57.180 The owners of the ships, I think, are concerned primarily about the safety of the physical cargo and their ship itself.

00:08:05.760 I think the crew is concerned about the safety of the crew.

00:08:08.420 So you think the crew would mutiny, basically, and say, we're not going?

00:08:12.980 Yeah, dude.

00:08:14.020 For sure.

00:08:15.060 Yes.

00:08:15.280 Okay.

00:08:15.880 Absolutely.

00:08:16.700 I don't know.

00:08:17.620 These aren't Navy SEALs who are piloting these.

00:08:20.600 They're not shining their M4s.

00:08:23.880 I think a lot of these guys are probably going borderline insane,

00:08:28.640 like cooling their heels in the,

00:08:31.120 maybe you have to give them hazard pay in order to take the risk.

00:08:35.680 Buck, guys get on the deadliest catch.

00:08:38.820 I used to watch that show.

00:08:40.340 You couldn't pay me enough money to strap in in frigid seas

00:08:44.300 and try to drag lobster out of the ocean.

00:08:47.300 If you pay people enough money,

00:08:49.240 they will basically take a risk to do anything.

00:08:51.880 first of all tennessee man crab not lobster lobster is the northeastern look at this look

00:08:57.860 at this guy everybody you see this i'm talking about all the lobsters off crab lobster i don't

00:09:03.180 want to be on any ship that i could fall off as you and there's no amount of money you could pay

00:09:08.140 me to go out in cold water and try to drag in uh try to drag in crustaceans all right so point one

00:09:14.440 point one tennessee man stick to cobbler point two i think you are forgetting how much the risk

00:09:21.560 factories for people that are now you might say well it's only one ship that's attacked yeah but

00:09:26.280 who wants to who wants to be there's a reason we had to have this whole anti-piracy program off of

00:09:31.400 somalia as long as we did because they were and everyone's seen uh what's what's the you know

00:09:35.860 what's the movie um not not captain uh task uh oh the i'm the pirate now thing yeah yeah i'm the

00:09:43.840 captain now we all know that line i can't remember the name anyway there's a reason we have that it's

00:09:47.860 like captain smith or something whatever it is that's tom hanks right captain phillips i said

00:09:52.760 smith captain phillips same idea look here's what trump says about the ceasefire we should we just

00:09:56.900 he just said this a few minutes ago so you're getting the most update of clay's like get some

00:10:01.600 insurance man up i think people would go i think if we insured the boats the evil uh profit focused

00:10:09.460 owners of the boat would just say i go i hope you're out i hope you know i hope everybody who

00:10:14.660 works for clay in sports media is hearing this he's like sometimes we got to lose a few good

00:10:18.820 guys to make a buck no big i gotta say it's true it's true as the awful boss i mean you know if if

00:10:24.880 if the super bowl we lose a couple of people at the super bowl it happens you got to be there to

00:10:28.960 cover the super bowl he's like you know a stampede here a stampede there all right this is cut 30

00:10:32.980 trump moments ago play it what do they need to do to violate the ceasefire well you'll find out

00:10:39.580 because i'll let you know they know what to do and they know what to do

00:10:43.200 and they know what not to do more importantly actually and you know they fired them in little

00:10:48.200 boats with pea shooters you know the pea shooters little boat with little you know why because they

00:10:52.780 don't have any boats anymore their navy is comprised of they call them little boats and

00:10:58.560 they're fast yeah they're so fast that uh that they had eight of them and they're all gone and

00:11:04.460 And they're fast, but they're not fast like a missile.

00:11:07.100 A missile is slightly faster.

00:11:09.200 They're all gone, so they're looking around for little boats

00:11:11.900 to try and compete with our great Navy.

00:11:14.260 We have a Navy that's unbelievable.

00:11:16.820 You know, we set up a blockade, as you know very well,

00:11:19.000 not one ship.

00:11:20.300 A couple tried, and they got their engines shut out.

00:11:25.760 So you got 10 to 20 boats going through the Strait of Hormuz,

00:11:32.060 I think, as of May 5th, it says here.

00:11:34.460 so usually it's like 100 to 150 so it's way down so some ships are going to so some of them are

00:11:42.660 willing to to run the run the risk but and this is a 90 90 percent give or take drop from normal

00:11:49.720 levels so it ain't open yet not really 90 drop is not open right no no no i mean and again i'm

00:11:57.360 trying to think of you may be right that the crews are going to mutiny and they won't go

00:12:01.980 um i actually think that most of the hang-up is not as much fear of bodily injury although it's

00:12:10.520 an interesting uh thing to think about if the crew just says up sorry we're not going um i think

00:12:16.180 it's the fear of the the ships themselves uh being attacked and uh if we there are people

00:12:23.200 on those ships so if you're afraid of the ship being attacked that means that people could get

00:12:27.220 shot clays but clays really do you do you uh do you put on a top hat and a monocle when you do

00:12:32.840 this i think i think if you pay those look again if you pay the guys and you say hey i don't know

00:12:39.560 what the average ship uh ship mate um on one of these tankers makes let's say you just said hey

00:12:45.840 we got to get this thing out we want commerce moving we need fit i'll give you each more 50k

00:12:51.240 to take the risk i think most would go here's the bigger concern i have about this though buck

00:12:55.460 everybody's talking about the ships leaving my question is who's going to bring their ship back

00:13:01.720 because if i get my ship out of the strait of hormuz and it has been stuck there for a couple

00:13:07.880 of months why in the world am i going to take my ship back in and risk again that it could be stuck

00:13:14.820 there there's any number of global shipping routes that they could go on so i think while

00:13:20.820 the focus is and my my solution for the insurance gets those ships out and gets the commerce moving

00:13:27.140 out i don't know who's going in and that's the biggest issue i think going forward because you

00:13:32.780 get out however many hundreds couple hundred ships are backed up right there you get all that out

00:13:37.820 that's good but it doesn't solve the issue because i'm not taking my ship back in there well i think

00:13:43.660 you're totally right about this there's a huge difference between i think it's quiet enough we

00:13:47.440 can get out of here that that is a risk versus maybe we should finish our run come back and see

00:13:54.560 how that goes that's that's where that's where crewman clay would say hey i'll i'll take the

00:13:59.700 extra pay to get out i'm not taking the extra pay to go back because i might get stuck in there for

00:14:04.480 a couple months and here's the other thing you're having to pay all of these guys probably hazard

00:14:10.360 pay while they're just sitting cooling their heels uh up uh from iran waiting you know you

00:14:16.660 look at the the ship tracking um and uh how much money to get to get a clay and buck show from

00:14:23.860 a deadliest catch ship in like the bearing straight it would it would have to be they

00:14:29.060 would have to pay me it would be crazy money you know what i'm saying it would have it would have

00:14:33.660 to be like i don't know uh it's because that would be in order in order sorry what particular job

00:14:40.300 to do the deadliest catch thing in the Bering Strait, yeah.

00:14:44.640 I wouldn't get on a boat to run the straight for,

00:14:47.180 I mean, you'd have to give me, like, a couple hundred million dollars.

00:14:50.180 I mean, I'm not risking my life because I'm not a ship guy,

00:14:55.800 but if I were a ship guy, like, the ship guys are crazy, right?

00:15:00.360 I mean, to their credit.

00:15:02.020 I love this.

00:15:03.000 He's just like, you know, no big deal, guys.

00:15:05.880 Just see if the missile hits you.

00:15:07.080 All right, we'll come back to this here in a second.

00:15:08.780 And if we have any people that know about shipping from this world, please weigh in with your thoughts on this one.

00:15:13.680 If you ever worked on a container ship or you've been a captain of one.

00:15:17.740 Okay, let's talk about something really important here for a second.

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00:16:14.900 Looking for normal in a world of crazy?

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00:16:54.800 Welcome back in here to Clay Ann Buck.

00:16:56.880 VIP email from West right out of the gate.

00:16:59.480 Clay, you told us you were going to swim Alcatraz this July.

00:17:05.160 That's only a few months away.

00:17:07.160 Am I hearing you correctly?

00:17:09.440 Are you squiggling out of it already?

00:17:12.880 Question mark.

00:17:16.200 Yes.

00:17:18.240 At least he's honest.

00:17:20.120 I could.

00:17:21.160 Now, I'm going to take a couple of things here.

00:17:24.660 One, I have not trained.

00:17:25.900 two i laura is actually concerned that i might get eaten by a shark and it's really kind of

00:17:32.500 gotten in my head that i might get eaten by a shark and buck sharing that story about the

00:17:36.520 woman doing the triathlon getting eaten by the shark if there is a way she was she wasn't eaten

00:17:42.640 important distinction she got bitten by the shark off the west coast of california during the

00:17:47.540 catalina she didn't i thought she died no she's a bite it was a little nibble a little like hey

00:17:53.520 what's going on i i the shark thing is in my head and i can't shake it yeah i don't know if an eight

00:17:59.120 foot great white shark takes like a little nibble but like she lived she did live here here is here

00:18:04.000 is my potential compromise there is very safe in the u.s virgin islands there is a one and a quarter

00:18:12.200 mile swim across the bay in megan's bay i used to live overlooking it when i was down there over

00:18:19.400 the holiday i was looking at that and i was thinking now granted it's warmer but it's still

00:18:25.180 a mile and a quarter uh and i feel like i could prove that i could swim that mile and a quarter

00:18:31.740 without being attacked by oh i'm sorry in your bath temperature in your bath temperature water

00:18:37.580 under a beautiful sun do they give you a back rub while you're doing it this is preposterous of the

00:18:42.200 most of the people that believed i could not do it was about the distance more than it was about

00:18:48.040 the temperature of the water i mean i was gonna be in a wetsuit nice warm wetsuit this is i i

00:18:55.260 appreciate the uh the call i feel very confident that i could do it uh and i'm willing to do it

00:19:01.420 in a way that does not put me at risk of being eaten by a shark if we can contemplate a way to

00:19:06.400 do that i'm gonna let tom and tampa bail you out here he's on the lines live tom what's going on

00:19:11.880 hey clay uh clam buck listen i just wanted to hitchhike on clay's comments about the uh the

00:19:20.300 insurance thing there is definitely some legs there but i think it's important to understand

00:19:26.280 a little history lloyd's of london is the insurer of last resort as you guys know but it's important

00:19:33.960 to understand some history in the 337 years of lloyd's of london on the high seas insuring

00:19:41.400 vessels. This is the first time in history, even the Yom Kippur War, which you would probably know

00:19:47.300 about, Buck, because of CIA, even the Yom Kippur War, Lloyds of London still insured. So for this

00:19:55.420 to work, each loss of a tanker at the bottom of the sea, including the cost of a tanker and

00:20:03.460 assuming a 345,000 barrel of oil to the largest tanker you can do, is about $35 million. So the

00:20:11.220 So the asterisk to Clay's idea is that the U.S. would literally have to take over Lloyd's position as the insurer of last resort.

00:20:22.000 And I don't know, Clay, you're an attorney.

00:20:25.880 I don't know the legal machinations of that, but the idea has legs.

00:20:30.060 But the problem is Lloyd, as I understand it for the first time in history, is refusing to insure everybody going through there.

00:20:37.680 That is the real issue.

00:20:38.840 when I think I don't think anybody's really talking about that no look Tom I should have

00:20:43.820 explained a little bit more this yeah you're exactly right my idea on insuring is predicated

00:20:50.040 on many of the current insurers are saying they will not insure these boats your math is a good

00:20:57.280 one there I would say 35 million dollars for a tanker if it went to the bottom of the sea 1.00

00:21:02.260 that's like not even what a somali daycare makes from our government um so uh so the overall cost 0.55

00:21:09.520 here my point is and we'll talk about this a bit more because i do think it's an intriguing idea

00:21:13.780 the overall cost would immediately vanish in terms of the premium on oil and gas we would get back

00:21:22.000 far more than we would be insuring in my opinion uh and it would i think immediately knock twenty

00:21:29.500 off the cost of a barrel of oil and gas,

00:21:32.440 which would overwhelmingly make gas prices more affordable here,

00:21:36.540 makes it a net positive for us, too.

00:21:38.800 Second hour of Clay and Buck kicks off right now.

00:21:42.160 We'll have some updates for you on Tennessee redistricting battle,

00:21:48.020 which is underway.

00:21:48.920 Also, more from Trump at the White House.

00:21:51.800 Not just on Iran, but on the economy, on tariffs,

00:21:56.120 presidential fitness test. 1.00

00:21:57.880 I hope it's age

00:21:59.880 bracketed, right? Because I was like, I don't know.

00:22:02.480 Can I pass this thing right now?

00:22:04.580 We got to look at this thing.

00:22:06.380 I don't want to make any promises. I can't believe you never did

00:22:08.320 the presidential fitness test.

00:22:10.020 I thought everybody had to do this back in the day.

00:22:13.300 My high school,

00:22:14.340 if you gathered together all of the kids 1.00

00:22:16.200 who were getting wedgies

00:22:17.260 and were like, but I'm the valedictorian.

00:22:21.240 Getting shoved in a locker,

00:22:22.560 that was my high school. Not a lot of presidential

00:22:24.220 fitness tests going on there.

00:22:25.560 uh and let's see we've got more i remember primarily in elementary school but uh but i'm

00:22:32.680 sure it was elementary school version oh yeah oh we definitely didn't do it in elementary school

00:22:36.780 yeah oh yeah like young kids stuff yeah i've always said the best thing that we had when i

00:22:42.180 was growing up in elementary school at st david's in new york city was mandatory and just hear me

00:22:48.120 out mandatory wrestling starting in first grade and we really then they actually really taught us

00:22:53.600 and it was and then we had to wrestle you didn't have a choice it was like part of our pe program

00:22:58.880 basically and if you were good enough you had to wrestle in front of the whole school

00:23:02.860 and it was like it was like royal rumble stuff in the third fourth grade and you didn't want

00:23:07.340 to get punked like you didn't want to look like a little you know uh some kind of uh

00:23:12.540 dancing daisy out there so you had to you had to be ready to throw down and uh and yeah it was

00:23:18.400 it was good and then later on in life you're like you basically have the the you have the

00:23:22.620 basics of grappling taught clay can i tell you what's funny about it though about five years

00:23:27.740 after i graduated talking about grammar school they got rid of it because parents complained

00:23:32.020 that it was too violent so us zennials gen x millennials early millennials we're a little

00:23:39.500 more hardcore you get a little bit older and all of a sudden they're like gen z was like

00:23:44.280 my shoulder hurts so i'm just saying gen z you gotta you gotta toughen up a little bit

00:23:49.900 gen x continues to save the world but that's a whole nother discussion are you generation is

00:23:55.740 good i can't yeah you're the oldest millennial basically right the oldest you can be and be

00:24:01.440 considered a millennial yeah so i'm i'm people call it a zennial like a gen x millennial uh so

00:24:07.420 i'm i'm as old as you can be i wanted to just get this out there because we were talking animals

00:24:10.940 before crocodiles some of you are like stop it talk about talk about taxes and trump and the

00:24:16.120 agenda and i hear you and we're going to get to that but also some of you are like let's talk

00:24:19.860 about animals way more popular this is what the data reflects i guarantee you the spike

00:24:24.840 but as soon as you said like somebody got killed by a crocodile in south africa and there were six

00:24:29.340 shoes inside there's not one radio that went off everybody's like spiked i this is what the data

00:24:35.540 reflects yeah joint chiefs okay this is a real thing in the news i'm not making this up clay

00:24:42.180 mentioned yesterday dolphins possibly being deployed by iran there's some news reporting on

00:24:48.960 this i'm just bringing you the news everybody i don't make the news i report the journal reported

00:24:53.480 that iran had threatened us with mine laying dolphins in and i mean i i took a picture because

00:25:01.240 i knew people were gonna think i'm crazy i took a picture and then i highlighted it which is about

00:25:06.380 as good as i can do on my phone tech wise and then i tweeted it out because i'm like things are

00:25:11.660 probably not going great for iran if they're threatening us with dolphins and mines uh but

00:25:16.480 this was a real thing also these six sons of guns like leave the dolphins out of it you know they're

00:25:23.520 actually considered i believe one of the five most intelligent animals oh yeah on earth when

00:25:28.380 they measure animal intelligence which is a tough thing to do in a lot of ways uh but one of the

00:25:33.180 ways and keep in mind killer whales people talk about how freakishly smart they are they're just

00:25:37.700 large they're just really big dolphins they're actually technically not whales they're in the

00:25:41.680 dolphin family we just call them whales because they're so large so now think about that and also

00:25:47.120 interesting that killer whales can kill great white sharks can even remove their liver which is

00:25:53.800 with like an incision i don't even know how the heck that happens um and i've never once in the

00:25:59.120 wild never once attacked a human being mistaken a human being for a seal gives you a sense of the

00:26:04.680 difference in intelligence between sharks which to clay's point will sometimes mistake us for seals

00:26:09.320 at least that's what we believe the great white shark attacks are often the result of killer whales

00:26:13.620 are like no that's clay travis look at him clay you've been in the gym lately you know the great

00:26:18.920 white i mean the killer whales are a whole other level of intelligence but dolphins obviously

00:26:23.880 chimpanzees and uh some of the great apes they call them chimpanzees and then actually orangutans

00:26:28.860 are the very top of the animal intelligence scale.

00:26:32.600 Dolphins slash killer whales, super high on that.

00:26:36.680 There are people who say that crows are freakishly smart, too,

00:26:40.740 which you would not expect crows and ravens in the bird family,

00:26:45.340 but they have a particularly high intelligence for an animal

00:26:48.680 that you wouldn't expect given the size of their brain.

00:26:51.480 Okay, I'm getting weird here.

00:26:52.440 Point is, Joint Chiefs Chairman was asked about this whole dolphins thing.

00:27:01.200 Pete Hegseth was at the conference, too.

00:27:02.820 Obviously, Secretary of War, cut two.

00:27:04.560 Play it.

00:27:05.040 Can you kind of clarify these reports of kamikaze dolphins that we've heard about?

00:27:10.340 I haven't heard the kamikaze dolphin thing.

00:27:13.020 It's like sharks with laser beams, right?

00:27:14.980 And I can't confirm or deny whether we have kamikaze dolphins, but I can confirm they don't.

00:27:19.760 i can confirm that there was the soviets at one point i believe were experimenting with kamikaze

00:27:26.260 dolphins i think that was a thing soviet era trying to train clay uh um and here is

00:27:33.700 it's two laser beams this is from austin powers play three you know i have one simple request

00:27:40.680 and that is to have sharks with freaking laser beams attached to their heads now evidently my

00:27:47.740 A cycloptic colleague informs me that that can't be done.

00:27:51.860 Can you remind me what I pay you people for?

00:27:54.900 Honestly, throw me a bone here.

00:27:57.320 What do we have?

00:27:59.020 Seabass.

00:28:02.200 Clay, Dr. Evil couldn't get sharks with laser beams. 0.95

00:28:05.080 I don't think the Iranians can get dolphins with explosives attached to them. 0.99

00:28:08.980 I'm pretty confident. 0.99

00:28:09.700 It is probably a sign that things are not going great for Iran,

00:28:14.240 that they have no air force, they have no military,

00:28:17.740 uh really in terms of uh navy and president trump said today we basically wiped out all the small

00:28:25.160 boat fleet that they might have as well and now according to the wall street journal and that was

00:28:30.600 a couple of days ago they were threatening us with dolphins that might have bombs on them

00:28:35.520 and this all comes back to look i mean you and i i think are correct in saying that the price

00:28:43.460 of oil and gas right now is the number one story domestically is that fair to say i know we got a

00:28:49.340 lot of primaries we want you to go vote in indiana and ohio redistricting continues to be a story but

00:28:55.860 in terms of how people feel i think the number one story is affordability and the number one way that

00:29:04.520 people determine to a large extent affordability is what does it cost to fill up uh oil and gas

00:29:10.340 tanks and so this is where my talking about the insurance idea for the united states being the

00:29:16.760 uh insurer of choice when it comes to the straight of four moves i was just looking at a map during

00:29:22.500 the commercial at the end of the hour break that we had buck most of these tankers right now are

00:29:28.220 basically just parked off the coast of dubai there are hundreds of tankers that are just anchored

00:29:36.240 off the coast of Dubai, and they are all sitting there

00:29:39.660 because the risk from their perspective of going through the strait

00:29:44.460 is too high right now.

00:29:48.480 And do you think that if we changed the insurance carrier,

00:29:52.680 they would be willing to just go?

00:29:54.660 I think that there are...

00:29:56.780 That's bull.

00:29:57.700 I do, and I understand some people think that's crazy,

00:30:00.860 but I'm trying to look at it as a rational business-based decision

00:30:06.180 the ship that is not moving is costing all of these companies a substantial dollar figure

00:30:12.740 and so if you're just parked off the coaster so my belief is if there were a uh worst case

00:30:21.060 scenario removed and this is from a business perspective not a life perspective although i

00:30:25.860 don't want anybody to die as well but the worst case scenario from a business perspective thank

00:30:30.480 you very that's very good of you by the way i'm glad you said that you know even light them up

00:30:34.480 Linda is like, Clay, slow down, buddy.

00:30:36.700 The worst-case scenario from a business perspective is ship gets attacked, it sinks,

00:30:41.100 and you had a caller who I thought did a good job breaking it down.

00:30:44.640 Cargo, what's it worth?

00:30:45.860 What's the ship worth?

00:30:47.280 And so the insurance to me, if you knew, worst-case scenario,

00:30:52.020 we're going to be able to be compensated for the value of that ship.

00:30:56.900 Right now, my understanding, Buck, is that many insurers, as that call just said,

00:31:02.100 have notified the bank uh and the and the owners of these ships and said we are not going to pay

00:31:09.380 in the event that something happens to your ship a lot of these and i used to work on some of these

00:31:15.460 contracts a lot of these uh contracts have war clauses in them and risk clauses in them and

00:31:23.620 your insurer will notify you and say hey this is a risk that we are not willing to take on

00:31:29.440 if you go and something bad happens that's on you i think if you told these owners hey we will

00:31:37.140 protect you they would take it now okay so what what insurer what insurer clay hold on i i'm hearing

00:31:45.020 you out on this but i think it's a little crazy what insurer is going to insure the boats if they

00:31:52.020 say okay we're insured they go and one of them gets blown up no it's the united states that's

00:31:58.360 who's gonna step in then we are publicly saying to all of these ship owners we will insure your

00:32:05.340 boat so if your boat is if your boat is sunk and attacked then the united states the full faith and

00:32:12.820 credit of the united states back benches it my argument is that if we do that oil and gas prices

00:32:21.060 will immediately overnight drop about 20 bucks yes but what happens when a ship gets blown up

00:32:27.440 Where do oil and gas prices go then?

00:32:29.460 What ships are going to want to go through after one of them is at the bottom of the

00:32:34.380 strait?

00:32:35.260 Well, I think if we guarantee $50 million in payment to all of the ships, then I think

00:32:42.880 a lot of the ship owners will go.

00:32:44.660 I think they'll go.

00:32:45.780 Do we have any ship owners who can verify that my idea?

00:32:49.560 Buy them off.

00:32:50.820 Do we have any ship owners out there that will verify my idea on this?

00:32:55.120 Look, there are different.

00:32:55.940 Now, my concern is, if you want me to play this out, yes, a ship could get sunk.

00:33:01.300 That's not ideal.

00:33:02.300 So far, that hasn't happened.

00:33:04.920 So far, that hasn't happened.

00:33:06.600 It's not ideal.

00:33:07.680 He's so blase about this.

00:33:09.460 He's like, ecological disaster, oil everywhere, the whole straits.

00:33:13.500 No big deal.

00:33:14.500 Ships sink all the time. 0.72

00:33:15.740 If Iran sinks a ship. 0.98

00:33:18.880 You remember? 0.99

00:33:19.680 Hey, hold on.

00:33:20.340 Ships sink all the time.

00:33:23.360 I mean, I lived in the Caribbean.

00:33:24.440 There's ships everywhere.

00:33:25.580 I mean, read a history book.

00:33:27.980 We're not talking about a pleasure yacht with three spring breakers on it.

00:33:32.280 We're talking about an oil tanker.

00:33:33.640 Do you remember when the cruise ship hit the coral off the coast of Italy?

00:33:38.020 It was like a $400 million ship.

00:33:40.500 Yeah, and the guy called him.

00:33:42.060 He was like, get the back of two of your ship.

00:33:43.960 What are you doing?

00:33:45.000 I mean, that was probably the worst thing that's ever happened to a cruise ship.

00:33:49.480 They're like, what's the worst thing that could happen? 1.00

00:33:51.620 Your moron captain could hit coral and sink the whole thing. 1.00

00:33:54.720 I mean, I'm not counting the Titanic. 0.99

00:33:56.380 You don't want one of the Super Mario brothers to be the one in charge of your ship.

00:33:59.600 That's what you don't want.

00:34:00.360 It's not a good idea.

00:34:00.660 That's true.

00:34:01.460 But the ship risk is why I think no one is going.

00:34:07.020 So I think if we took the financial risk away, that you would go. 0.69

00:34:12.540 And honestly, if Iran then hits a ship, right, if they attack a ship 0.95

00:34:17.280 and they create an ecological disaster, that's not good. 0.86

00:34:21.700 But also, even the environmentalist would then be on the side of Trump because Trump's going to be saving all the animals, and Iran has just polluted the entire Strait of Hormuz with oil and gas. 0.82

00:34:36.100 So I think we are creating a situation where Iran is clearly the terror actor if we're saying we want commerce to occur. 0.73

00:34:45.720 Now, my concern is still once the ships leave, they don't go back, 0.96

00:34:51.740 and that then creates a larger issue because the whole point of the strait existing

00:34:59.120 is for people to go both directions.

00:35:00.880 But that is kind of the whole issue, Clay, because if we get the ships to go once,

00:35:04.440 that's almost like a rescue operation.

00:35:06.180 The point is they need to be willing to come back.

00:35:08.220 If they're not willing to come back, the strait's not open.

00:35:10.600 But I think we buy ourselves a lot of time economically if that if those ships are able to come through oil and gas drops 20 bucks overnight and we then have a full month probably before most of those ships are completing their their transit and have to make a decision.

00:35:30.700 OK, where do we go get oil and gas next? And my hope would be that we can start to produce more oil and gas in many parts of the country.

00:35:39.540 I was reading about Venezuela right now.

00:35:41.000 Things are going really well.

00:35:42.460 Every company is now flooding into Venezuela.

00:35:44.820 How much more can we increase production there?

00:35:47.400 How much more can we increase production in the United States?

00:35:50.380 UAE has said we're going to drop out of OPEC, meaning they can produce more.

00:35:55.520 That's the story there.

00:35:56.940 I'm just telling you, I'm trying to solve the energy issue in America,

00:36:00.880 and I think my insurance idea has some legs here.

00:36:03.780 I wish we could get you on the little handheld radio that the captains of the ships always have.

00:36:09.460 and have you give a little pep talk to all these tankers.

00:36:12.080 Be like, look, not all of you are going to make it,

00:36:14.580 but the price of gas is going to go down $20 overnight if a few of you do.

00:36:19.340 So have at it, boys.

00:36:21.560 You know what I mean?

00:36:22.080 We've got a bunch of callers who want to weigh in on this too

00:36:24.620 because I think this is a brilliant idea.

00:36:27.220 Sometimes the line between genius and insanity, as many people know,

00:36:31.780 is a very fine one.

00:36:33.560 You're like the Captain Ahab of oil tankers.

00:36:36.260 Nothing is going to turn you back.

00:36:38.360 All right.

00:36:39.460 Here we go.

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00:38:08.120 listen to the honest talk podcast on iheart radio or wherever you listen to your podcasts

00:38:12.440 welcome back into clay and buck first time on the program we're joined by daniel perez he's

00:38:19.620 speaker of the florida house of representatives he's the third cuban-american speaker of the

00:38:25.520 florida house we have some stuff we want to talk to speaker perez about right now uh thank you so

00:38:30.560 much for being here sir good to have you on it's my pleasure how are you we're good so let's jump

00:38:36.000 into we got a couple things here first off we have a little bit of foreign business and then

00:38:39.300 we want to talk to you about some florida business um you are cuban-american you are

00:38:43.880 certainly tied in here as my near neighbor in south florida to the cuban-american community

00:38:50.080 right now there's not a lot of attention trump mentions it sometimes in the white house that

00:38:54.800 he's got plans for cuba what is the situation of the island and and where do you think the

00:39:01.400 administration should go with this as it pertains to cuba well look it might not be on the on the

00:39:08.040 national spotlight consistently but it is down here in miami and we're we're a diverse community

00:39:13.560 down here but obviously as you know mostly cuban americans are cubans that have to leave the island

00:39:18.700 my parents included my parents had to leave in 1969 the revolution took over 1959 and since then

00:39:25.020 the island has been decimated by this regime that has taken away human rights amongst many

00:39:29.780 other things from the people of cuba where we stand today is cuba's at an all-time low

00:39:33.780 there is no oil there is no energy there is no food there is no health care there is absolutely

00:39:39.160 nothing on that island you have to think about it for a second for someone to be willing to get on

00:39:44.180 a raft and swim 90 miles with nothing but a compass in the middle of the night how dire does

00:39:51.300 the situation have to be and we've had we've had thousands of people risking their lives in that

00:39:55.360 exact situation for almost a hundred years and so where we stand here in miami and i and i know that

00:40:00.800 i speak on behalf of all cuban americans where we stand is it's time for this regime to pick up

00:40:04.960 their bag and get the hell out of town uh because that is that was that is that is land that belonged

00:40:09.240 to the cuban people well before they went in there and took it away what trump will do with

00:40:14.100 this is up in the air and we have some of the greatest advocates uh having this conversation

00:40:19.400 on behalf of the united states and on behalf of all cuban americans and obviously that's led by

00:40:23.340 secretary marco rubio who's one of our own and was the first cuban american to be speaker of

00:40:28.660 the house in florida what do you think marco rubio is telling president trump obviously

00:40:34.320 secretary of state i saw that he was uh also in addition to all the other jobs that he has

00:40:39.500 acting as a dj at a miami uh party uh wedding over the weekend uh what do you think marco rubio

00:40:46.400 is telling president trump right now and what does a solution look like from your perspective

00:40:52.960 and by the way i did see that video of him uh djing at a wedding the man can the man can do it

00:40:58.240 on he can do it all if only he can play a little bit of quarterback the dolphins could use of it

00:41:02.400 Yeah, no kidding.

00:41:05.000 But look, I think the solution here has been consistent, and that is pressure. 0.99

00:41:10.880 You have to absolutely squeeze the neck of this monster, and you have to cut the head off the snake. 0.98

00:41:16.520 It's the only way that you can succeed. 0.98

00:41:18.960 And I think that's exactly what President Trump and Secretary Rubio are doing.

00:41:23.500 The sanctions have to double down.

00:41:25.020 The flights have to stop.

00:41:26.160 The money going into the island has to stop. 0.99

00:41:28.180 And the problem that you have is many, many Cuban Americans that are here today say, well, I still have family there, and I still want to send resources there.

00:41:36.580 And what the regime has done, and this is, you know, it's disgusting, but what the regime has done is they have now replied to the United States by saying, we are going to open up enterprise.

00:41:46.500 We are going to open up free market in Cuba so that Cubans can open up a restaurant, a store, a supermarket, and actually have interstate commerce amongst Cubans. 0.97

00:41:57.960 To be quite frank, that's crap. 0.96

00:42:00.880 That's not true. 0.99

00:42:01.980 Because the way that the Cuban government works is in order for you to go ahead and open up, let's say, a restaurant, a certain percentage has to be paid into the government's pocket of profit before you can even actually open those doors or run those doors.

00:42:15.100 So there is no free market. There is no capitalism. There is no competition. It is all owned by one umbrella patriarch entity that's owned by the Cuban government. And from there, these smaller enterprises are able to, quote unquote, open up their own businesses. But that's bull crap. None of them are actually able to have their own business. But it's a facade that the regime has put in place in order to appease the Americans.

00:42:38.300 The problem that they have is that the Americans, led by Secretary Rubio, know the truth.

00:42:43.840 And so what I expect Secretary Rubio and the president to do is to continue to squeeze the neck as tight as they can

00:42:50.260 until the Cuban people themselves have finally realized we are done.

00:42:54.360 We are done starving.

00:42:55.820 We are done having to listen to this regime that has taken away our own freedom.

00:42:59.160 It is time to act.

00:43:00.220 And hopefully that happens sooner rather than later.

00:43:02.860 We're speaking to Daniel Perez, Speaker of the Florida House.

00:43:05.320 Something related to all this, of course.

00:43:07.000 We also have, down here in South Florida, a very large Venezuelan-American population.

00:43:12.720 Now, the situation in Venezuela, Mr. Speaker, seems like it is trending in the right direction.

00:43:18.580 Delce Rodriguez is in charge after the capture of Maduro.

00:43:22.580 Sounds like she's at least playing ball with America in a way that is encouraging.

00:43:26.820 What do you see, and what's that looking like for the Venezuelan-American community?

00:43:32.400 Well, first and foremost, I think the president deserves a lot of credit for making the tough decision, 1.00

00:43:36.640 which was the right decision and that was taken out of nicolas maduro that was the right decision

00:43:40.720 that i don't think any other president would have had the courage to do and so i think that has to

00:43:45.620 be mentioned first and foremost as far as the current state of venezuela venezuela today is in

00:43:51.160 a way way more prosperous situation than they were a year ago i don't think anyone can debate that

00:43:56.080 the venezuelans can't debate that i mean that they are in a phenomenal place their economy is booming

00:44:00.120 like never before and all of that credit goes to secretary ruby and president trump here's my

00:44:03.900 concern with venezuela my concern with venezuela was a comment that was made by delci in the last

00:44:07.820 i'd say seven or eight days when she was asked on when is the next election to duly elect based

00:44:15.700 on a democratic provision the next president of venezuela and her response was i don't know when

00:44:20.840 that's going to happen and that's concerning because without fair and accurate and open

00:44:25.820 elections then eventually they'll just go back to what they know best which is that social that

00:44:31.480 socialist ideology that got them in this place to begin with uh that started with Hugo Chavez and

00:44:37.140 eventually was ran by Nicolás Maduro and potentially by Delcy unless we have free and

00:44:41.220 fair elections to eventually put a new leader in Venezuela that can have a true democracy

00:44:45.100 and bring capitalism back to this country I have no doubt that Secretary Rubio and President Trump

00:44:50.200 aren't going to allow her to get away with that and elections will have to take place but what I

00:44:54.100 didn't like is it was the first time that I saw her not in line with what the American vision is

00:44:59.200 we care about our elections we we we are so uh we treat our right to vote our civil right to vote

00:45:05.340 as such a sacred opportunity and in the rest of the world they don't see it the same way

00:45:09.560 our hope is that venezuelans and really delsey sees it the same way and i have no doubt that

00:45:14.680 the president and secretary are going to get her there but that that first response was something

00:45:18.280 that wasn't music to my ears uh tell us about the new map i know that the florida house and

00:45:24.700 the florida senate have put in place a new map that uh that certainly is going to potentially

00:45:31.100 lead to more republican seats what should we know about that map and what do you anticipate the

00:45:36.960 result of the map will be well so this is a map that was passed by the house eventually passed

00:45:42.760 by the senate and recently signed by the governor it was a map that was drawn by the governor um i

00:45:48.260 don't want to speak on behalf of the governor's office but they were the ones that drew it but i

00:45:51.500 think this was a map drawn on trying to give certain seats to certain parties or certain

00:45:56.380 parts of the state i just think that you know we believe based on the recent court rulings that we

00:46:00.220 have an opportunity to have a conversation on redistricting on a mid-decade redistricting and

00:46:04.540 so that's exactly what we did you know where that ends up i guess only the voters will be able to

00:46:08.700 tell us on uh how many seats may go may go one way or another and we won't know that until november

00:46:15.020 but you know i i think that we did our job i think the last redistricting uh cycle was under a census

00:46:20.860 that that may have potentially been flawed and uh and florida has had an influx of people moving

00:46:26.500 here really because of the way that we've been running our government for decades i think

00:46:29.780 it was very easy for elected officials today to take credit for the the prosperous economy that

00:46:34.500 florida has but you know we have to take this back for decades you have to talk about a governor

00:46:38.700 bush you have to talk about a governor scott those were the ones that kind of started putting

00:46:42.580 the wheels in motion when you talk about rick scott and the amount of jobs that he brought

00:46:46.320 into the state that that was unprecedented we haven't seen it since as a matter of fact right

00:46:50.100 now our job our unemployment rate is going up in the state of florida that never happened on the

00:46:53.780 rick scott uh and so you know i think that sometimes people want to focus on the now but

00:46:57.700 i always have to give credit to how we got here um and so now we're in this place to where a lot

00:47:01.980 of people are moving to florida they want to live here obviously our tax structure is one of the

00:47:06.040 best in the country we have a great economy and so people want to be here so i think us having

00:47:10.140 the conversation on redistricting was the right one and i applaud the governor for drawing the

00:47:15.100 map and uh and i'm sure there'll be plenty of lawsuits down the pipeline and we'll see where

00:47:19.040 this ends up you're ahead of the florida house but buck and i saw you most recently at the indiana

00:47:25.600 miami game where indiana won the national title you mentioned the dolphins who are you more

00:47:30.640 optimistic about the miami hurricanes or the miami dolphins well here i have i have a problem with

00:47:37.560 this question because i'm a miami kid that went to florida state and so i'm rooting for the seminoles

00:47:43.520 every day of the week no matter what all right well let me start you with that who are you this

00:47:47.960 even a better question this is a better question who is going to win a title first florida state

00:47:54.340 or miami will florida state be in the playoffs or miami the dolphins be in the play i'm not even

00:48:00.500 going to ask about super bowl poor miami dolphin fans you guys are still pining for dan marino

00:48:04.480 uh but uh but who will make the playoffs first the dolphins or the seminoles i'm going with the

00:48:10.780 seminoles but damn they both stink right now we have no hope neither team has hope i think the

00:48:15.560 Dolphins are going to have a rough season, but we're hoping for the best. 0.98

00:48:18.520 You know, Steve Ross does a great job of owning the team,

00:48:20.700 and he's put some money into the team,

00:48:22.060 and hopefully he can turn it around with the new management there.

00:48:24.900 But I'm a Seminole at heart, and I'm a believer in Mike Norvell.

00:48:28.060 I love football across the board,

00:48:29.560 but there's absolutely nothing like watching college football on a Saturday morning.

00:48:33.800 But it's better when the Seminoles are winning, in my opinion.

00:48:35.940 I think you and Clay just became best friends.

00:48:38.160 Daniel Perez, Speaker of the Florida House of Representatives.

00:48:41.500 Hey, man, come back because we want to talk to you about more Florida business

00:48:43.980 and also as the Cuba situation unfolds.

00:48:46.560 But thanks for being here.

00:48:48.240 Take care, guys.

00:48:50.060 Look, if you're a business owner right now,

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00:48:58.060 How many overlaps?

00:48:59.280 Super sure we'll make sure that you get exactly what you need

00:49:04.460 and that you're not trying to deal with too many different insurance agencies

00:49:09.680 out there all trying to tell you something different.

00:49:12.460 In fact, SuperShore will have a fine print fax tool that will actually tell you what does your insurance policy cover because so much legal jargon is confusing.

00:49:27.100 You got so many different people when you run a small business in your ear that you're hoping to grow into a medium sized business telling you, do you have this?

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00:49:47.240 Look, I've run small businesses, got small businesses now,

00:49:51.420 and I know exactly how confusing and complicated this can all be.

00:49:56.180 Just check it out for yourself.

00:49:57.360 Go to supersure.com slash clay and get hooked up and find out what you actually need.

00:50:04.320 One powerful platform, all of your policies, one place, everything taken care of.

00:50:10.460 supersure.com slash clay paid for by supersure insurance agency llc a licensed insurance agency

00:50:20.260 keeping it real keeping it right clay and buck find them on the iheart app or wherever you get

00:50:27.460 your podcasts

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