Verdict with Ted Cruz - January 19, 2026


Iran Revolution-Why this is Different...Trump is not Obama


Episode Stats


Length

41 minutes

Words per minute

164.40054

Word count

6,896

Sentence count

455

Harmful content

Misogyny

8

sentences flagged

Hate speech

45

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Sen. Ted Cruz (R-Texas) sits down with Sen. Cory Booker (D-New Jersey) to discuss Iran and President Trump's bold intervention in support of the Iranian protesters and their fight to overthrow the Ayatollah.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 This is an iHeart Podcast.
00:00:02.620 Guaranteed human.
00:00:05.540 Welcome. It is Verdict with Senator Ted Cruz.
00:00:07.760 It is so nice to have you with us.
00:00:09.320 And Senator, we've got a big show today.
00:00:11.320 First off, Iran and President Trump speaking out in a very bold way.
00:00:15.840 Well, this week is momentous in that millions of Iranians continue to stand up and fight
00:00:20.960 to overthrow the Ayatollah, to overthrow the Mullahs, the radical Islamists 1.00
00:00:25.000 who have dominated that country for five decades.
00:00:28.020 And President Trump has come out unequivocally in support of the protesters.
00:00:32.280 And just this week, he came out and said,
00:00:34.600 it is time for a new government in Iran.
00:00:37.100 The Ayatollah needs to go.
00:00:39.040 That is enormously consequential.
00:00:41.080 We're going to break down why he said what he did,
00:00:43.820 what it means, and what's going to happen next.
00:00:46.260 Yeah, it really is an important story.
00:00:48.680 I want to also remind you about an incredible organization,
00:00:51.560 our friends at Compassion International.
00:00:53.900 Right now, somewhere in the world,
00:00:55.880 a kid you've never met is writing you a letter.
00:00:59.380 They're telling you about their day, their dreams,
00:01:02.440 the goal they scored, the test they passed,
00:01:05.820 the new friend they made at school.
00:01:07.740 Maybe they're drawing you even a picture.
00:01:09.860 Maybe they've asked you about your family,
00:01:12.300 your favorite color, what makes you laugh.
00:01:14.900 They're wondering who you are,
00:01:16.540 this person who cares enough to be part of their story.
00:01:20.320 And you, you're not just sending money,
00:01:22.440 you're writing back, you're showing up month after month,
00:01:26.580 letter after letter, you're celebrating their victories,
00:01:29.920 encouraging them through challenges,
00:01:32.360 and reminding them that they truly matter.
00:01:35.160 Now, this isn't a transaction.
00:01:37.360 It's an incredible relationship that spans continents
00:01:40.160 and changes everything for both of you.
00:01:43.340 That is where Compassion International
00:01:45.320 connects you directly with one child.
00:01:48.040 Real letters, real relationships, and real change.
00:01:52.040 Because poverty isn't solved with donations alone.
00:01:55.540 It's solved by showing up,
00:01:57.600 impact the world, one child at a time,
00:02:00.520 and learn how at Compassion.com.
00:02:04.260 That's Compassion.com.
00:02:06.960 All right, so Senator, Sunday morning,
00:02:09.160 I was watching CBS, like Sunday morning, their show,
00:02:12.160 it was Jane Pauley,
00:02:13.500 and they were reminding people that Tuesday is one year
00:02:16.420 since President Trump will be in office.
00:02:19.620 And they were talking about this,
00:02:21.580 and they were also comparing it,
00:02:23.740 saying that Donald Trump has gone so rogue
00:02:26.480 on the world stage now,
00:02:27.800 and they had a historian on to say,
00:02:29.800 well, most countries don't make it to 250 years
00:02:34.280 with a democracy and freedom.
00:02:37.060 And so they were clearly implying
00:02:38.980 that this is that 250-year anniversary,
00:02:41.380 and we probably won't make it there by July
00:02:43.140 because Donald Trump's gone so rogue.
00:02:45.500 And I laugh because I'm like,
00:02:46.680 this guy is so clearly transparent
00:02:49.520 in what he wants to do
00:02:51.380 and what the voters told him to do.
00:02:53.540 Iran is another example of that. 1.00
00:02:54.900 You don't have to guess.
00:02:56.040 He has said what our stated mission is.
00:02:59.260 Well, I got to say,
00:03:00.380 your first mistake is,
00:03:01.600 what on earth were you doing watching CBS this morning?
00:03:05.100 I was on Fox.
00:03:06.120 I was very bored.
00:03:07.000 I was on Maria Bartiromo,
00:03:08.700 but apparently I'm chopped liver,
00:03:10.340 and so you weren't interested in watching me.
00:03:13.840 I was watching the commies.
00:03:15.400 I wanted to know what the commies were peddling out there.
00:03:18.220 Look, you wanted to listen to commie historians lie
00:03:21.560 and say democracy died
00:03:23.160 the day the American people elected Donald Trump.
00:03:25.800 By the way, they think democracy died
00:03:27.920 any time the voters don't elect left-wing radical Democrats.
00:03:32.920 You know, it reminds me of Adigo Montoya
00:03:35.160 in The Princess Bride.
00:03:36.320 When it comes to democracy,
00:03:37.720 you keep on using that word.
00:03:39.180 I do not think it means what you think it means.
00:03:41.400 Like, their definition of democracy
00:03:43.900 is not what you actually would get
00:03:46.780 looking in the dictionary,
00:03:48.000 which is the people voting.
00:03:50.160 And actually, pure democracy is the people voting
00:03:52.500 and choosing the policies that will govern their country.
00:03:55.300 We don't have a pure democracy.
00:03:56.660 We have a republic.
00:03:57.580 What is a republic?
00:03:58.920 A republic is where the people vote
00:04:01.320 to elect their representatives.
00:04:03.440 So the people are not voting on,
00:04:05.320 should our top marginal tax rate be 36% or 50% or 10%?
00:04:12.040 That would be direct democracy.
00:04:14.260 But instead, we have,
00:04:16.380 you could call it a democratic republic
00:04:18.120 because it is a republic where democracy operates
00:04:21.220 to elect our representatives.
00:04:22.520 But when people use democracy, capital D,
00:04:27.340 they usually mean that the voters get to decide.
00:04:32.040 But that's not how Democrats use it.
00:04:34.560 That's not how the media use it.
00:04:36.340 Instead, what they mean by democracy
00:04:38.500 is socialists and Marxists are in power.
00:04:42.040 And by the way,
00:04:42.560 they're perfectly happy to ignore the voters
00:04:45.240 if it keeps them in power.
00:04:46.920 However, let's focus on Iran for a moment
00:04:49.840 because, listen,
00:04:52.600 and we've talked about this on the pod
00:04:54.060 in the last couple of weeks.
00:04:55.460 I really do think we're in a momentous moment,
00:04:58.900 like unlike anything we have seen
00:05:02.620 since the late 1980s, the early 1990s.
00:05:06.420 Yeah.
00:05:06.820 We're in a moment
00:05:07.660 where three of the most viciously anti-American regimes
00:05:12.920 across the planet, Iran, Venezuela, and Cuba,
00:05:17.840 in the next six months,
00:05:19.160 we could see all three of those regimes fall.
00:05:22.160 Yep.
00:05:22.360 And we could also see free and fair elections
00:05:25.640 in all three of them.
00:05:27.100 And if that happens,
00:05:28.660 I think there is a real possibility
00:05:30.200 that they will elect,
00:05:31.760 democratically elect,
00:05:32.860 going back to big D democracy, 0.90
00:05:34.920 the voters,
00:05:35.680 I believe there's a real possibility,
00:05:37.760 will elect leaders who will defend free markets,
00:05:41.280 defend freedom,
00:05:41.960 and critically stop waging war on America
00:05:45.740 and make the choice to be friends with America.
00:05:48.720 If that happens,
00:05:50.700 it will be the most consequential change
00:05:53.580 on the global stage
00:05:54.960 since the fall of the Berlin Wall,
00:05:57.600 since Ronald Reagan and America won the Cold War.
00:06:01.080 And we did that without firing a shot.
00:06:02.640 That changed the entire globe.
00:06:05.220 And we could see in 2026
00:06:07.020 a change every bit as significant.
00:06:09.440 Now, let me be clear.
00:06:10.920 There are a thousand ways for things to go wrong
00:06:14.960 in Iran,
00:06:16.520 in Venezuela,
00:06:17.500 in Cuba.
00:06:18.540 So,
00:06:19.080 and what we do know for certainty
00:06:20.740 is it will not be smooth
00:06:22.240 and without challenges.
00:06:23.420 We know that to an absolute certainty.
00:06:26.080 Expect the unexpected.
00:06:28.180 That being said,
00:06:30.160 President Trump came out this week
00:06:31.960 and he explicitly said
00:06:33.320 it is time for a new government in Iran.
00:06:36.340 And he had never said that before
00:06:37.740 throughout the first term,
00:06:39.100 throughout this term,
00:06:40.360 until right now.
00:06:41.500 He had explicitly not gone so far
00:06:44.420 as to embrace, quote,
00:06:45.900 regime change.
00:06:47.340 Now, Ben, you'll remember,
00:06:49.280 what was it,
00:06:49.720 six, seven months ago
00:06:50.720 when I did Tucker Carlson's show,
00:06:52.880 he started by
00:06:54.360 peripatetically freaking out
00:06:56.000 and saying,
00:06:56.440 my God,
00:06:57.460 Cruz,
00:06:57.880 you're for regime change
00:06:59.420 in Iran.
00:07:00.280 And he like had a heart attack
00:07:01.500 and then he began laughing maniacally,
00:07:03.500 which he does a lot.
00:07:05.900 Yeah.
00:07:06.520 The odd thing is,
00:07:07.680 I think any rational American
00:07:09.840 should be,
00:07:12.100 want to see regime change.
00:07:14.020 If you ask yourself,
00:07:15.640 is America better off
00:07:17.260 if the leader of Iran
00:07:19.440 is not a crazy religious nut,
00:07:23.280 an Islamist radical
00:07:24.900 who chants death to America,
00:07:27.580 to kill people, 0.83
00:07:28.320 yeah,
00:07:28.480 who chants death to America,
00:07:31.360 who murders and tortures
00:07:32.680 his own people,
00:07:33.520 who is the biggest funder
00:07:34.760 of terrorism on planet Earth,
00:07:36.380 who provides more than 90%
00:07:38.280 of the funding to Hamas,
00:07:39.540 who provides more than 90%
00:07:40.860 of the funding to Hezbollah,
00:07:42.560 who is responsible
00:07:43.740 for killing hundreds,
00:07:45.360 if not thousands,
00:07:46.480 of Americans.
00:07:47.660 Like, unequivocally,
00:07:49.620 America would be better off 0.64
00:07:51.760 if the Ayatollah
00:07:53.480 was no longer the leader of Iran.
00:07:55.520 Now,
00:07:56.800 part of the reason
00:07:57.700 why the words regime change
00:07:59.340 have a stigma connected to them
00:08:00.840 is many remember the Iraq war.
00:08:04.340 They remember
00:08:04.820 the George W. Bush administration
00:08:06.280 where regime change justified
00:08:08.300 sending hundreds of thousands
00:08:10.300 of American troops
00:08:11.300 to spend years fighting
00:08:12.900 in a distant war,
00:08:13.960 and they don't want to see that.
00:08:14.960 And by the way,
00:08:15.620 I don't want to see that.
00:08:17.040 I think the Iraq war 0.94
00:08:18.120 was a mistake.
00:08:19.420 I have said that
00:08:20.040 for a long,
00:08:21.240 long time.
00:08:22.440 So when I say
00:08:23.220 I support regime change, 1.00
00:08:24.320 it doesn't mean
00:08:24.900 I want to send hundreds
00:08:25.760 of thousands of American troops
00:08:27.020 onto the ground in Iran.
00:08:29.260 What it means
00:08:30.360 is it is unequivocally
00:08:32.780 in our interest
00:08:33.460 to see the Ayatollah fall.
00:08:35.380 I think the Ayatollah's fall 1.00
00:08:37.120 ought to be driven primarily
00:08:38.800 by the Iranian people,
00:08:40.700 and it's why this uprising
00:08:42.100 is so consequential,
00:08:43.680 because it is Iranians 0.95
00:08:44.820 who are risking their lives
00:08:46.600 to overturn
00:08:47.420 this regime,
00:08:49.960 this dictatorship.
00:08:50.800 But President Trump,
00:08:52.780 I think,
00:08:53.240 is doing a good job
00:08:54.460 of, number one,
00:08:56.320 making clear
00:08:57.460 that America
00:08:58.140 stands with the people,
00:08:59.840 stands with the protesters,
00:09:01.380 and threatening accountability.
00:09:03.280 And what does accountability
00:09:04.200 look like?
00:09:04.980 He has made clear
00:09:06.060 to the government of Iran,
00:09:07.560 if you just sit there
00:09:08.720 and begin massacring 0.67
00:09:10.020 the protesters,
00:09:11.620 there will be
00:09:12.420 real consequences.
00:09:13.660 He hasn't specified
00:09:14.420 what they are,
00:09:15.240 but the clear implication
00:09:16.100 is the consequences
00:09:17.300 will be military in nature.
00:09:18.680 That deterrence,
00:09:20.940 by the way,
00:09:21.400 military in nature
00:09:22.340 is not
00:09:23.080 send hundreds of thousands
00:09:25.240 of troops to the ground,
00:09:26.300 but it may well be
00:09:27.780 bomb the crap out of something. 0.91
00:09:29.400 Like, there is,
00:09:30.820 and hopefully,
00:09:32.680 that is a...
00:09:33.600 They are remembering
00:09:34.440 the Iran nuclear sites
00:09:36.040 that we just hit,
00:09:36.960 doing the impossible mission.
00:09:38.640 Yep.
00:09:38.920 And I do think
00:09:39.600 that's part of Trump's calculus.
00:09:40.900 Like, if you don't believe me,
00:09:42.240 just go look
00:09:43.000 at your nuclear sites.
00:09:44.320 Don't test me here.
00:09:46.300 Don't think I won't do this.
00:09:48.800 Right.
00:09:49.400 And look,
00:09:49.860 you combine
00:09:50.640 President Trump
00:09:52.340 taking out
00:09:52.940 the Iranian nuclear facilities
00:09:54.480 and you combine it
00:09:55.440 with the raid
00:09:56.440 and arrest on Maduro.
00:09:58.460 Two incredibly audacious
00:10:00.540 national security steps
00:10:01.920 massively improved
00:10:03.120 the national security
00:10:03.880 of America.
00:10:04.840 Both were incredible successes.
00:10:07.040 And in Iran,
00:10:08.140 Israel's already taken out 1.00
00:10:09.420 their air defenses.
00:10:10.300 Their air defenses
00:10:11.060 are essentially non-existence.
00:10:12.740 Now,
00:10:13.440 anytime you engage
00:10:14.460 in military action,
00:10:15.540 there is a risk.
00:10:16.240 I mean,
00:10:16.580 we could have casualties.
00:10:19.280 But Iran is in a markedly 0.97
00:10:21.520 weakened position.
00:10:24.060 And so that threat
00:10:25.380 is consequential.
00:10:26.380 I also hope
00:10:27.260 and I believe
00:10:27.880 and I don't have
00:10:28.700 any classified information
00:10:29.900 on this,
00:10:30.420 so I'm not revealing anything.
00:10:31.940 But I hope
00:10:32.760 and believe
00:10:33.300 there's quite a bit
00:10:34.240 that is happening
00:10:34.980 under the surface
00:10:36.480 that we're not seeing
00:10:37.620 in terms of covert activities.
00:10:39.440 I hope we're doing
00:10:40.040 everything humanly possible
00:10:41.240 to help and support
00:10:43.200 the protesters
00:10:43.940 so that they can overthrow 0.96
00:10:45.520 the government.
00:10:46.120 Not us,
00:10:46.580 but them.
00:10:47.300 But we can be
00:10:48.620 contrasted
00:10:50.360 to what happened
00:10:53.260 when Barack Obama
00:10:55.220 was president.
00:10:56.540 And I want to actually,
00:10:58.000 I want to compare the two
00:10:59.400 and give you that contrast.
00:11:02.040 So there was an article
00:11:03.000 in Tablet Magazine
00:11:04.120 several days ago
00:11:06.080 and it's called
00:11:07.900 Is This Time Different
00:11:09.860 in Iran?
00:11:10.520 It's by an author
00:11:11.540 named Peter Thoreau.
00:11:13.160 And here's what he said.
00:11:14.060 I want to read this
00:11:15.020 at some length
00:11:15.640 because I think it's really
00:11:16.440 quite interesting
00:11:17.300 and profound.
00:11:18.880 In 2009,
00:11:20.360 what shocked me
00:11:21.160 about President Barack Obama's
00:11:22.640 lack of support
00:11:23.320 for the Green Movement
00:11:24.180 protesters in Iran
00:11:25.340 was the failure
00:11:26.780 to launch
00:11:27.380 of the commander-in-chief's
00:11:28.740 colossal ego.
00:11:30.500 Here were thousands
00:11:31.400 of young Iranians
00:11:32.320 filling the streets
00:11:33.080 of Tehran
00:11:33.700 to appeal to him,
00:11:35.280 even with a wistful
00:11:36.740 pawn on his name.
00:11:38.980 Obama,
00:11:40.120 Obama Bashid.
00:11:41.880 Obama,
00:11:42.300 be with us.
00:11:44.020 Anyone in government
00:11:44.860 at the time
00:11:45.360 knew that the Chicagoan
00:11:46.460 lacked nothing
00:11:47.520 in the way of ruthlessness,
00:11:49.100 though he tended
00:11:49.720 to save it for Republicans
00:11:50.940 of the non-Islamic variety.
00:11:53.500 He applied the word
00:11:54.660 enemy
00:11:55.240 to the GOP,
00:11:57.460 but never to the Mullahs.
00:11:59.300 If righteous anger
00:12:00.760 at the regime's
00:12:01.580 murder of dissidents
00:12:02.380 didn't meet the threshold
00:12:03.480 for Chicago rules,
00:12:04.560 I thought,
00:12:05.320 surely vanity 0.50
00:12:06.180 might do the job.
00:12:07.720 But opening to Iran
00:12:09.180 had been an early theme
00:12:10.500 of his presidency
00:12:11.300 that same year
00:12:12.260 with a mushy
00:12:13.180 Persian New Year message
00:12:14.720 and a secret letter
00:12:16.220 to Supreme Leader
00:12:17.740 Ali Khamenei,
00:12:19.060 of whom he knew little.
00:12:21.140 Quote,
00:12:21.800 Despite his title
00:12:22.860 as Supreme Leader,
00:12:23.780 Khamenei's authority
00:12:24.540 wasn't absolute,
00:12:25.900 Obama preposterously
00:12:27.220 intoned in his memoir
00:12:28.540 A Promised Land
00:12:29.420 in 2020.
00:12:30.840 Quote,
00:12:31.180 He had to confer
00:12:32.260 with a powerful
00:12:33.120 council of clerics,
00:12:34.280 the Guardian's Council.
00:12:36.140 Referring to the clerics,
00:12:37.480 journalist Kareem
00:12:38.540 Sajjapur observed
00:12:40.580 that their average age
00:12:42.200 is deceased.
00:12:44.680 Obama continued.
00:12:45.780 That's pretty funny.
00:12:47.420 Obama continued,
00:12:48.280 Quote,
00:12:48.860 My first impulse
00:12:49.960 was to express
00:12:51.280 strong support
00:12:52.180 for the demonstrators.
00:12:53.340 Obama records
00:12:54.240 further in that memoir.
00:12:56.220 But when I gathered
00:12:57.100 my national security team,
00:12:58.500 are Iran experts advised
00:13:00.760 against such a move?
00:13:03.120 According to them,
00:13:04.040 any statement from me
00:13:04.980 would likely backfire.
00:13:06.260 Activists inside Iran
00:13:07.440 feared that
00:13:08.060 supportive statements
00:13:08.820 from the U.S. government
00:13:09.780 would be seized upon
00:13:11.540 to discredit their movement.
00:13:13.900 That's amazing.
00:13:15.320 The latter statement
00:13:16.380 was ridiculous on its face
00:13:17.900 as the demonstrators
00:13:18.680 were openly pleading
00:13:20.300 for outside support
00:13:21.420 and from him specifically.
00:13:23.680 He may have been ignorant
00:13:24.820 about how Ronald Reagan's
00:13:26.180 harsh anti-Moscow rhetoric
00:13:28.020 boosted the morale
00:13:29.080 of imprisoned dissidents
00:13:30.860 like Natan Sharansky.
00:13:32.860 But what of that
00:13:33.900 national security team?
00:13:36.060 Obama does not name them,
00:13:37.400 but his administration
00:13:38.220 would become known
00:13:39.160 for high-level
00:13:40.300 sentimentalists
00:13:41.280 towards Iran.
00:13:42.100 Rob Malley,
00:13:43.280 Samantha Power,
00:13:44.100 Philip Gordon,
00:13:45.160 Sahir Nawazadeh,
00:13:47.680 and the diplomatic weaklings
00:13:49.560 who would negotiate
00:13:50.360 the nuclear deal.
00:13:52.040 So Obama issued
00:13:53.560 a series of statements
00:13:54.880 that he himself
00:13:55.860 would describe as,
00:13:56.800 quote, bland,
00:13:58.980 bureaucratic,
00:14:00.400 and passive,
00:14:02.520 bitter that,
00:14:03.720 quote,
00:14:03.780 I had to listen
00:14:04.560 to Republicans howl
00:14:05.820 that I was coddling
00:14:06.900 a murderous regime.
00:14:09.320 Actually,
00:14:09.860 he was six years away
00:14:10.820 from truly coddling it.
00:14:12.580 Our cerebral leader
00:14:13.980 lamented that as president,
00:14:15.460 quote,
00:14:15.760 my heart was now chained
00:14:17.120 to strategic considerations
00:14:18.580 and tactical analysis,
00:14:20.300 my conviction subject
00:14:21.500 to counterintuitive arguments,
00:14:23.700 that in the most powerful
00:14:24.740 office on earth,
00:14:26.120 I had less freedom
00:14:27.240 to say what I meant
00:14:28.180 and act on what I felt
00:14:29.500 than I had as a senator.
00:14:31.980 In other words,
00:14:33.260 what passed for his convictions
00:14:34.700 were easily defeated
00:14:35.940 by an America-bad briefing
00:14:39.360 from his subordinates.
00:14:41.400 Now,
00:14:42.380 it goes on to say,
00:14:44.120 numbers are still inexact,
00:14:45.520 but Tehran's thugs
00:14:46.560 made about 4,000 arrests
00:14:48.140 and killed hundreds
00:14:49.600 to quell the 2009 demonstration.
00:14:52.100 The Green Movement's leaders
00:14:53.920 were jailed,
00:14:54.640 globally dissidents
00:14:55.500 of all stripes,
00:14:56.340 and even Madonna and U2
00:14:57.560 spoke out in favor
00:14:59.320 of Iranian democracy.
00:15:00.600 By the way,
00:15:01.080 where are Madonna and U2
00:15:02.040 right now?
00:15:02.520 That's an interesting question.
00:15:04.700 Was it a bitter pill
00:15:05.840 for a cool cat like Obama
00:15:08.540 not to be in that club?
00:15:10.500 I suspect not,
00:15:11.500 as he harbored
00:15:12.020 some sentimentality
00:15:13.300 towards the Islamic Republic,
00:15:15.640 having stated
00:15:16.320 in his first letter
00:15:17.160 to its leader,
00:15:17.920 as well as in his taped video message
00:15:20.100 on the occasion of Norahs,
00:15:22.560 the Persian New Year,
00:15:23.880 that he sought normalization
00:15:25.720 with the state sponsor of terror,
00:15:27.380 a long step beyond
00:15:29.480 hoping for better relations
00:15:31.620 with Iran someday,
00:15:33.080 as you might do
00:15:33.920 in a holiday greeting.
00:15:35.520 Canadian women
00:15:36.400 are looking for more,
00:15:37.700 more out of themselves,
00:15:38.780 their businesses,
00:15:39.720 their elected leaders,
00:15:40.680 and the world around them.
00:15:41.860 And that's why we're thrilled
00:15:42.860 to introduce
00:15:43.520 the Honest Talk podcast.
00:15:45.580 I'm Jennifer Stewart.
00:15:46.760 And I'm Catherine Clark.
00:15:47.760 And in this podcast,
00:15:49.200 we interview Canada's
00:15:50.160 most inspiring women,
00:15:51.660 entrepreneurs,
00:15:52.480 artists,
00:15:53.140 athletes,
00:15:53.760 politicians,
00:15:54.480 and newsmakers,
00:15:55.360 all at different stages
00:15:56.400 of their journey.
00:15:57.540 So if you're looking to connect,
00:15:59.360 then we hope you'll join us.
00:16:00.780 Listen to the Honest Talk podcast
00:16:02.120 on iHeartRadio
00:16:03.140 or wherever you listen
00:16:04.120 to your podcasts.
00:16:06.600 Senator,
00:16:07.160 I just got to stop.
00:16:08.100 And I do love
00:16:09.080 the revisionist history
00:16:10.040 from Barack Obama.
00:16:11.100 He's like,
00:16:11.560 hey,
00:16:11.840 I wanted to stay
00:16:13.080 with the people in Iran,
00:16:14.140 but my team
00:16:15.300 told me not to.
00:16:16.260 So therefore,
00:16:17.180 that's why I didn't do it.
00:16:18.980 Leaders lead.
00:16:19.940 Like,
00:16:20.180 straight up,
00:16:20.840 leaders lead.
00:16:22.020 You lead the,
00:16:23.060 you're at the front of the ship.
00:16:24.220 You're in charge.
00:16:25.520 It's supposed to be
00:16:26.460 your foreign policy.
00:16:27.880 And then you look at
00:16:28.900 what he actually did
00:16:29.780 with Iran,
00:16:30.300 and you understand
00:16:31.080 he was aiding and abetting
00:16:32.960 and helping them stay
00:16:34.320 on top in Iran.
00:16:36.240 Like,
00:16:36.420 let's just be clear.
00:16:37.480 We sent them money.
00:16:39.420 Yeah,
00:16:39.580 yeah,
00:16:39.740 look,
00:16:40.340 to understand,
00:16:42.800 leaders lead,
00:16:43.760 and by the way,
00:16:44.240 Obama was leading.
00:16:45.260 Obama was leading.
00:16:46.480 There is,
00:16:46.880 there's practically
00:16:47.800 not an Islamist 0.99
00:16:48.760 on planet Earth
00:16:49.500 that he didn't coddle,
00:16:50.620 embrace,
00:16:51.120 and send money to.
00:16:52.480 Yeah,
00:16:52.760 it was,
00:16:53.060 right when he got elected,
00:16:54.440 remember,
00:16:54.840 it was all about
00:16:55.560 the Muslim world
00:16:56.220 and a reset.
00:16:57.300 And by the way,
00:16:58.260 when he was brand new
00:16:59.140 in office,
00:16:59.760 he flew to,
00:17:00.760 as president,
00:17:01.380 he flew to Cairo,
00:17:02.260 to the University of Cairo,
00:17:03.240 and he gave a speech
00:17:03.920 where he said,
00:17:04.420 Iran has a right,
00:17:06.360 and he used the word
00:17:07.180 right to nuclear weapons,
00:17:08.860 nuclear technology.
00:17:09.620 He actually didn't say weapons,
00:17:10.580 he said nuclear technology.
00:17:12.240 That was absurd,
00:17:13.740 and so his claiming
00:17:15.340 to be reluctant,
00:17:16.500 I think,
00:17:17.020 is a brazen lie.
00:17:18.380 This is his ideology,
00:17:19.920 and by the way,
00:17:20.640 it came to full flower
00:17:22.200 under the Biden White House.
00:17:23.940 And I think the history
00:17:24.780 for a lot of folks
00:17:25.720 that may not remember
00:17:27.100 what was happening,
00:17:27.960 look,
00:17:28.140 2009 was 16,
00:17:30.940 17 years ago.
00:17:31.680 It was a long time ago.
00:17:33.040 Yeah.
00:17:33.480 Let me jump forward
00:17:34.700 because the question then is,
00:17:36.380 okay,
00:17:36.580 what's different now?
00:17:38.360 And let me jump forward
00:17:39.400 to this article.
00:17:39.940 I think it's a really
00:17:40.660 insightful article.
00:17:42.580 So,
00:17:43.340 after two weeks
00:17:44.140 of the largest nationwide
00:17:45.260 demonstrations in Iran
00:17:46.540 since the Islamic Revolution,
00:17:48.840 what has changed
00:17:49.680 and why?
00:17:50.940 It has nothing to do
00:17:52.160 with negotiating tables
00:17:53.320 and lots to do
00:17:54.300 with battle space.
00:17:56.320 First,
00:17:57.080 let's note that this month's
00:17:58.540 huge anti-regime demonstrations
00:18:00.320 in more than
00:18:01.280 100 Iranian cities
00:18:03.340 were not ignited
00:18:05.080 by a single
00:18:06.200 big domestic event
00:18:07.280 like a blatantly
00:18:08.280 stolen election
00:18:09.140 or the murder
00:18:09.760 of an innocent young woman.
00:18:11.640 The Iranian real
00:18:12.420 has been crashing
00:18:13.500 past a million
00:18:14.740 to the dollar.
00:18:16.220 Let me say that again.
00:18:18.080 One past
00:18:19.100 one million
00:18:20.060 to a dollar.
00:18:20.780 That's their exchange rate
00:18:21.900 for weeks.
00:18:24.020 And inflation
00:18:24.660 reached the point
00:18:25.680 where the Tehran Bazaar
00:18:27.320 was losing money
00:18:29.240 on every transaction
00:18:31.200 so it closed.
00:18:33.820 Every transaction.
00:18:35.180 Every transaction.
00:18:36.200 Just imagine having a story
00:18:37.620 and everything you're selling
00:18:38.720 you're losing money on.
00:18:39.780 How would you stay in business?
00:18:40.800 That's why they closed down.
00:18:41.860 It's incredible.
00:18:43.000 Because hyperinflation,
00:18:44.380 if the value of the real
00:18:45.900 falls day after day after day,
00:18:48.700 you sell something
00:18:49.680 for five million real
00:18:50.820 and then the next day
00:18:51.920 that five million real
00:18:52.760 is worth a fraction
00:18:53.780 of what it was worth
00:18:54.400 the day before.
00:18:55.300 That's why they closed.
00:18:57.140 Something else drove
00:18:58.240 the following events
00:18:59.180 such as the South Par's
00:19:00.480 energy strike
00:19:01.280 and reported military defections.
00:19:02.920 The battle space
00:19:05.020 started shaping up
00:19:06.400 six years ago
00:19:07.300 this month
00:19:07.880 under Trump
00:19:08.520 with the U.S. killing
00:19:10.340 of the Islamic Revolutionary Guard Corps
00:19:12.700 Quds Force Commander
00:19:14.020 Qasem Soleimani,
00:19:15.740 the second most powerful man
00:19:17.480 in Iran
00:19:17.980 by U.S. drones
00:19:19.720 at Baghdad Airport.
00:19:21.060 He had just arrived
00:19:22.360 from Damascus
00:19:23.120 where he was briefing
00:19:24.420 former Syrian President
00:19:25.680 Bashar al-Assad
00:19:26.680 on a plan
00:19:27.880 to attack
00:19:28.700 the U.S. embassy
00:19:30.000 in Baghdad
00:19:31.000 as it had been done
00:19:32.660 in Tehran in 1979.
00:19:35.360 Iran's Iraqi 0.73
00:19:36.620 catspaw
00:19:37.580 Abu-Madi al-Mahandis
00:19:40.840 and 10 senior
00:19:41.840 Iranian briefers
00:19:42.860 and bodyguards
00:19:44.060 were also killed
00:19:45.300 in the strike.
00:19:46.820 After 20 years
00:19:48.400 of Bush,
00:19:49.900 Obama,
00:19:50.780 and Biden
00:19:51.520 kid gloves,
00:19:53.240 Tehran
00:19:53.860 was legitimately
00:19:55.140 frightened.
00:19:56.760 And then
00:19:57.380 after the Tehran 0.71
00:19:59.140 directed atrocity
00:20:00.180 against Israel 0.70
00:20:00.940 in October 2023,
00:20:03.180 Israel killed 0.99
00:20:04.160 Yahasinwar,
00:20:05.580 Muhammad Deef,
00:20:06.940 Hasran Nasrallah,
00:20:08.560 Ibrahim Akil,
00:20:10.240 Hashim
00:20:11.140 Safedine,
00:20:13.460 and Ismail
00:20:14.260 Haniyeh
00:20:15.020 at an IRGC
00:20:16.980 safe house
00:20:17.580 in Tehran
00:20:18.240 and almost
00:20:19.340 100 more
00:20:20.060 in Lebanon
00:20:20.540 and Gaza.
00:20:22.720 Deprived
00:20:23.480 of its
00:20:23.820 decapitated
00:20:24.780 Hezbollah
00:20:25.820 Praetorian Guard,
00:20:27.660 the Syrian
00:20:28.280 Ba'ath Party
00:20:29.060 didn't trust
00:20:29.760 its own
00:20:30.260 people
00:20:30.840 any more
00:20:32.540 than the
00:20:33.300 Bolivarian 1.00
00:20:34.140 Maduro
00:20:34.860 trusted
00:20:35.900 Venezuelans
00:20:36.840 more than
00:20:37.300 Cubans.
00:20:38.880 The criminal
00:20:39.500 Assad family
00:20:40.440 fled to Moscow.
00:20:42.260 Then last summer,
00:20:43.800 the Israeli
00:20:44.280 and U.S.
00:20:44.800 air forces
00:20:45.360 wiped out
00:20:46.020 much of
00:20:46.640 the Iranian
00:20:47.120 military's
00:20:47.920 general staff
00:20:48.700 and key
00:20:49.080 nuclear sites.
00:20:50.800 The pro-Tehran,
00:20:52.500 Moscow,
00:20:53.180 and Beijing
00:20:53.760 dominoes
00:20:54.380 continue to fall
00:20:55.260 with the capture
00:20:56.440 of Nicholas
00:20:57.000 Maduro,
00:20:57.960 the massacre
00:20:58.760 of his
00:20:59.220 Cuban
00:20:59.560 protection
00:21:00.060 detail,
00:21:00.600 the seizure
00:21:01.760 of Russian
00:21:02.320 ghost ships,
00:21:03.260 and the spread 0.81
00:21:04.260 of Starlink
00:21:05.000 terminals in
00:21:05.780 Iran.
00:21:07.340 Iranians have 1.00
00:21:08.120 seen the regime
00:21:08.860 and its backers
00:21:09.540 exposed and
00:21:10.720 humiliated by
00:21:12.040 an American
00:21:12.520 administration,
00:21:13.220 and they
00:21:14.120 were quick to
00:21:14.780 exploit this
00:21:15.560 roll of the
00:21:16.040 dice.
00:21:17.380 Unlike
00:21:17.900 pro-Hamas 0.85
00:21:18.840 nihilists
00:21:19.680 from Berkeley
00:21:20.820 to Dublin,
00:21:22.580 they have
00:21:23.120 hit their
00:21:23.560 streets in
00:21:24.280 millions
00:21:24.920 without a
00:21:26.120 single
00:21:26.500 keffia
00:21:27.140 or
00:21:28.040 aluha
00:21:28.840 akbar
00:21:29.540 motivated
00:21:31.100 by American
00:21:32.940 successes
00:21:33.680 against their
00:21:34.800 regime
00:21:35.340 and its
00:21:36.360 feckless 1.00
00:21:36.900 backers.
00:21:38.260 At the time
00:21:39.320 of writing,
00:21:40.640 the regime
00:21:41.200 has turned
00:21:41.620 off the
00:21:42.000 internet
00:21:42.340 and all
00:21:42.980 landlines,
00:21:44.360 and Khamenei
00:21:45.060 has emerged
00:21:46.020 from a
00:21:47.240 two-day
00:21:47.600 silence
00:21:48.100 to express
00:21:48.780 defiance.
00:21:50.460 This is no
00:21:50.920 surprise to
00:21:51.600 anyone who
00:21:52.080 knows that
00:21:52.680 Khamenei's 0.73
00:21:53.340 greatest fear
00:21:54.120 is moderation
00:21:55.640 that causes 0.52
00:21:57.000 the regime
00:21:57.660 to bend
00:21:58.220 and then
00:21:58.960 break.
00:21:59.960 As expressed
00:22:01.000 in Alex
00:22:01.800 Vatanka's
00:22:03.100 The Battle
00:22:03.620 of the
00:22:03.920 Ayatollahs 0.98
00:22:04.520 in Iran,
00:22:05.900 Khamenei
00:22:06.500 became obsessed
00:22:07.760 with the
00:22:09.000 prospect of
00:22:09.800 an Iranian
00:22:10.400 Gorbachev
00:22:11.500 who would
00:22:12.620 impose
00:22:13.080 reforms
00:22:13.760 and usher
00:22:14.380 in a
00:22:14.840 USSR-style
00:22:16.080 collapse.
00:22:17.380 The more
00:22:18.060 so because
00:22:18.660 this was
00:22:19.160 addressed
00:22:19.640 by Tom
00:22:20.260 Friedman,
00:22:20.780 a Jewish
00:22:21.160 American
00:22:21.540 journalist,
00:22:22.520 in a
00:22:22.800 1996
00:22:23.460 column
00:22:24.120 titled
00:22:25.120 Waiting
00:22:26.100 for
00:22:27.320 Ayatollah
00:22:27.880 Gorbachev
00:22:28.620 after he
00:22:29.860 visited
00:22:30.180 Iran.
00:22:31.220 That pressed
00:22:32.180 all of the
00:22:32.960 leaders'
00:22:33.400 buttons.
00:22:34.440 Expect
00:22:35.240 his defiance
00:22:36.220 to continue
00:22:36.960 as long
00:22:38.360 as he
00:22:38.800 is alive
00:22:39.480 or in
00:22:39.880 power,
00:22:40.900 which may
00:22:41.620 not be
00:22:42.020 long.
00:22:42.980 And listen
00:22:43.380 to this,
00:22:44.200 because he
00:22:44.880 faces two
00:22:46.160 threats.
00:22:47.080 The one
00:22:47.760 in front
00:22:48.080 of him
00:22:48.340 is the
00:22:49.320 unpredictable
00:22:49.900 Donald Trump
00:22:50.660 who has
00:22:50.940 already shed
00:22:51.640 Iranian
00:22:52.000 blood and
00:22:52.920 has promised
00:22:53.420 to rescue
00:22:54.260 the Iranian
00:22:54.820 people.
00:22:55.920 The one
00:22:56.600 behind him
00:22:57.560 is the
00:22:58.500 IRGC,
00:22:59.760 which holds
00:23:00.720 all the
00:23:01.360 firepower
00:23:01.960 in Iran
00:23:02.540 and which
00:23:03.480 knows,
00:23:04.100 as Mohammed 0.50
00:23:04.600 Ahmadinejad
00:23:06.020 knew,
00:23:07.000 that the
00:23:07.420 mullahs are 1.00
00:23:08.420 despised
00:23:09.720 by nearly
00:23:10.840 the entire
00:23:11.400 population.
00:23:13.000 They are
00:23:13.400 unlikely to
00:23:14.100 lay down
00:23:14.480 their guns
00:23:15.020 or give
00:23:15.420 up the
00:23:16.060 40% of
00:23:16.740 the Iranian
00:23:17.140 economy
00:23:17.640 they control.
00:23:18.860 They are
00:23:19.220 led by
00:23:20.140 Ahmed
00:23:20.620 Vahidi,
00:23:21.920 an
00:23:22.020 internationally
00:23:22.620 sanctioned
00:23:23.320 terrorist.
00:23:24.600 Quote,
00:23:25.520 terrorists
00:23:26.460 are a*****s 1.00
00:23:27.620 was a wise
00:23:29.100 saying of
00:23:29.920 one of my
00:23:30.320 counter-terrorist
00:23:31.040 colleagues at
00:23:31.580 the CIA.
00:23:32.920 She didn't
00:23:33.300 just mean
00:23:33.820 that terror
00:23:34.360 plots ruined
00:23:35.280 our weekends
00:23:35.880 and sleep
00:23:36.300 schedules.
00:23:37.280 She meant
00:23:37.880 that terrorists
00:23:38.620 are psychopathic,
00:23:40.040 disloyal,
00:23:40.940 and venal
00:23:41.460 creatures who
00:23:42.760 could and did
00:23:43.540 mistreat each
00:23:44.520 other and turn
00:23:45.080 against each
00:23:45.660 other.
00:23:46.560 The top
00:23:47.200 ranks of
00:23:47.820 the IRGC
00:23:48.860 are full of
00:23:50.060 them.
00:23:50.600 And this is
00:23:50.960 the final
00:23:51.320 point.
00:23:52.500 What might
00:23:53.220 lead the
00:23:53.840 IRGC to
00:23:54.800 sideline or
00:23:56.040 overthrow
00:23:56.660 Khamenei and
00:23:57.520 his weak
00:23:57.920 president,
00:23:58.980 Massoud
00:23:59.640 Pazeshkin,
00:24:02.580 two kinds
00:24:03.120 of strike.
00:24:04.680 An
00:24:04.900 anti-regime
00:24:05.840 blow from
00:24:06.420 the United
00:24:06.820 States or
00:24:08.280 the labor
00:24:08.740 variety that
00:24:09.520 would shut
00:24:09.980 down Iran's 0.99
00:24:12.840 energy sector.
00:24:14.400 If both
00:24:15.280 occur,
00:24:16.560 my money
00:24:17.040 is on a
00:24:18.000 coup and
00:24:19.740 goodbye
00:24:20.340 mullahs.
00:24:21.900 And this
00:24:22.220 is from
00:24:22.560 Peter Thoreau,
00:24:23.620 spent 20
00:24:24.340 years in the
00:24:25.200 U.S.
00:24:25.520 government and
00:24:25.960 the CIA.
00:24:26.420 I got to
00:24:27.720 say, look,
00:24:28.220 I appreciated
00:24:28.940 that article
00:24:30.080 because it
00:24:30.680 provides a
00:24:31.420 level of
00:24:31.840 context and
00:24:32.740 detail.
00:24:33.820 Yeah.
00:24:35.400 Drawing a
00:24:36.100 real difference
00:24:36.820 between what
00:24:37.640 happens when
00:24:38.440 you have a
00:24:39.000 weak pro-Islamist
00:24:40.400 president like
00:24:41.080 Barack Obama,
00:24:41.860 or for that
00:24:42.300 matter, Joe
00:24:42.760 Biden in the
00:24:43.320 White House,
00:24:44.280 versus a
00:24:44.840 strong pro-America
00:24:46.160 president like
00:24:46.840 Donald Trump.
00:24:47.800 And I think
00:24:48.480 the terrain is
00:24:49.540 totally different,
00:24:50.580 which is why,
00:24:51.180 by the way,
00:24:52.080 Trump is saying
00:24:52.980 to the
00:24:53.340 protesters,
00:24:54.600 keep a list
00:24:55.280 of the names
00:24:56.100 of any
00:24:56.500 soldiers who
00:24:57.120 are committing
00:24:57.540 atrocities because
00:24:58.600 there is going
00:24:59.300 to be
00:24:59.580 accountability,
00:25:00.800 that carrot
00:25:01.360 and stick is
00:25:01.900 really powerful
00:25:02.700 for deterring
00:25:03.500 that kind
00:25:03.980 of horrific
00:25:04.440 action.
00:25:05.440 You know,
00:25:06.040 there's part
00:25:06.420 of this
00:25:06.640 article,
00:25:07.180 and I think
00:25:08.080 we should
00:25:08.640 talk about
00:25:09.080 this for a
00:25:09.580 moment,
00:25:09.920 because I
00:25:11.780 had dinner
00:25:12.420 the other
00:25:12.680 night with
00:25:13.040 some oil
00:25:13.640 executives,
00:25:14.240 and they
00:25:14.400 were frustrated
00:25:15.140 a little bit
00:25:15.740 because the
00:25:16.160 price of oil
00:25:16.660 has come
00:25:16.980 down.
00:25:18.020 And one
00:25:18.900 of the people
00:25:19.160 at the table
00:25:19.600 was also
00:25:20.360 White House,
00:25:21.200 and they
00:25:21.620 said,
00:25:22.040 what you
00:25:22.360 don't
00:25:22.700 understand is
00:25:24.100 that our
00:25:24.960 energy
00:25:25.340 independence
00:25:25.840 policy is
00:25:26.700 also a
00:25:27.140 national security
00:25:27.820 policy,
00:25:28.380 because when
00:25:29.280 you take
00:25:29.780 away the
00:25:30.300 money that
00:25:31.260 is to the
00:25:31.760 leadership in
00:25:32.320 Iran,
00:25:33.100 to Vladimir
00:25:33.680 Putin in
00:25:34.600 Russia,
00:25:35.700 Venezuela is
00:25:36.560 another example
00:25:37.400 of this,
00:25:38.020 right?
00:25:38.640 Then the
00:25:39.340 money that
00:25:41.140 they need to
00:25:41.640 survive and
00:25:42.740 to hold on
00:25:43.400 to power and
00:25:44.340 to pay their
00:25:45.000 forces to keep
00:25:45.800 them in power
00:25:46.480 and to go
00:25:47.480 after their
00:25:47.980 citizens just 0.84
00:25:49.380 completely
00:25:50.340 disappears.
00:25:51.700 That is part
00:25:52.400 of, I think,
00:25:52.920 what Donald Trump,
00:25:53.580 and it was
00:25:53.900 very interesting
00:25:54.340 to hear this
00:25:54.880 kind of back
00:25:55.420 and forth.
00:25:55.920 It was like,
00:25:56.180 hey, I'm
00:25:56.620 sorry that the
00:25:57.580 price per barrel
00:25:58.520 is not where
00:25:58.940 you want it,
00:25:59.720 but it's helping
00:26:00.320 American families
00:26:01.060 to lower gas
00:26:01.700 prices, and it's
00:26:03.240 a national security
00:26:04.100 thing for us as
00:26:04.980 well, and it's
00:26:05.980 allowing some of
00:26:06.860 these horrible
00:26:07.760 people in the
00:26:08.220 world to start
00:26:08.880 teetering a little
00:26:09.640 bit because they
00:26:10.360 don't have the
00:26:10.920 cash flow they
00:26:11.520 had two, three,
00:26:12.700 four years ago
00:26:13.340 under Democratic
00:26:14.360 leadership.
00:26:15.760 I think that's
00:26:16.800 right.
00:26:17.140 There's also a
00:26:17.880 balance that
00:26:18.520 President Trump
00:26:19.180 and the Trump
00:26:19.560 administration are
00:26:20.320 trying to strike,
00:26:21.360 which is we've
00:26:22.060 seen the price
00:26:22.900 of oil drop
00:26:23.720 dramatically from
00:26:24.720 100 bucks a
00:26:25.700 barrel to down
00:26:26.640 just around 60
00:26:27.940 bucks a barrel,
00:26:28.640 a little bit
00:26:28.960 lower.
00:26:30.240 That has weakened
00:26:31.500 almost every bad
00:26:32.440 guy in the world.
00:26:33.580 That has weakened
00:26:34.240 Russia, that has 0.99
00:26:35.260 weakened Iran, 0.96
00:26:36.080 that has weakened
00:26:36.540 Venezuela and
00:26:37.280 Maduro because
00:26:38.120 it is, I guess,
00:26:40.860 God has a sense
00:26:41.600 of humor in that
00:26:42.400 many of the worst
00:26:43.340 players on planet
00:26:44.360 Earth depend upon
00:26:45.880 oil revenues.
00:26:47.480 They're in many
00:26:47.860 ways petro-tyrants.
00:26:49.060 Maduro is not.
00:26:50.560 Maduro is inmate
00:26:51.940 number 257-whatever.
00:26:55.440 But he used to be.
00:26:56.380 Hanging out with
00:26:56.680 P. Diddy.
00:26:57.480 Yeah.
00:26:58.400 But I'll say this.
00:26:59.640 Look, there is a
00:27:00.660 balance because from
00:27:02.500 a U.S. national
00:27:03.460 security interest,
00:27:04.500 look, oil and gas
00:27:06.080 and energy are
00:27:06.820 powerful weapons
00:27:08.120 against our enemies
00:27:09.220 and to buttress
00:27:10.380 America.
00:27:11.120 But you don't want
00:27:12.600 to slash the price
00:27:13.800 of oil so
00:27:14.520 dramatically that you
00:27:16.420 devastate U.S.
00:27:17.700 producers.
00:27:18.480 And as you know,
00:27:19.200 I talk to, I represent
00:27:20.440 Texas.
00:27:21.000 I talk to a lot of
00:27:21.840 U.S. producers.
00:27:23.220 And I will say,
00:27:24.640 at down around
00:27:25.740 $60, $70 a barrel,
00:27:28.340 you see what we've
00:27:29.180 got now, which is
00:27:30.080 gas prices at about
00:27:31.280 two, three bucks a
00:27:32.060 gallon, depending on
00:27:32.820 what part of the
00:27:33.440 country you're in.
00:27:34.160 Now, if you're in
00:27:34.840 California, there's
00:27:35.620 still four or five
00:27:36.300 bucks a gallon.
00:27:37.480 That's on you for
00:27:38.260 living in California
00:27:38.920 voting for those
00:27:39.560 nut jobs.
00:27:40.200 But yeah, that's
00:27:40.840 Gavin Newsom and
00:27:41.520 the Democrats' fault.
00:27:42.540 But here in Texas,
00:27:44.000 you fill up your
00:27:44.540 tank.
00:27:44.940 It's somewhere
00:27:45.540 between two and
00:27:46.160 three bucks typically
00:27:46.900 is what you're
00:27:47.340 paying right now.
00:27:49.260 I think that's a
00:27:50.400 sweet spot is $60 to
00:27:51.780 $70 where it lowers.
00:27:53.960 Under Biden, when we
00:27:55.260 had $100 oil, you
00:27:56.280 were seeing $4, $5,
00:27:57.460 $6, $7 a gallon of
00:27:59.560 gasoline.
00:28:00.160 That really hurts
00:28:00.820 consumers.
00:28:02.020 Yeah, crushing
00:28:02.580 middle and lower
00:28:03.660 class families even
00:28:04.500 more than anybody
00:28:05.000 else.
00:28:06.000 I will say this.
00:28:07.140 If you see oil
00:28:08.180 prices plummet, so
00:28:09.480 let's say they drop
00:28:10.360 from the 60s down to
00:28:12.280 say the 40s or
00:28:13.260 below.
00:28:14.240 It hurts a lot of
00:28:15.020 people.
00:28:15.640 That's when it
00:28:16.260 starts doing real
00:28:17.280 damage, in particular
00:28:18.420 to the independent
00:28:19.760 producers.
00:28:21.460 The small guys in
00:28:23.500 West Texas and the
00:28:24.400 Permian, that's when 0.97
00:28:25.560 you see drilling
00:28:26.360 basically stop.
00:28:27.780 And by the way, the
00:28:28.540 majors will be fine.
00:28:29.860 The ExxonMobil's, the
00:28:30.920 Chevron's, I mean,
00:28:32.220 look, those are
00:28:33.080 companies that
00:28:33.760 literally have more
00:28:34.780 revenue and assets
00:28:35.860 than most countries
00:28:37.340 on planet Earth.
00:28:38.280 They're that massive.
00:28:39.120 So the majors will
00:28:40.960 survive a drop, but
00:28:42.900 what happens, if we
00:28:44.140 see $40 oil, you'll
00:28:46.480 see bankruptcies
00:28:47.740 throughout the
00:28:49.620 Permian Basin of the
00:28:50.880 small producers.
00:28:52.240 And when those guys
00:28:53.180 go away, those are 1.00
00:28:54.160 the guys driving
00:28:54.980 production.
00:28:56.240 And what it does is
00:28:58.380 it weakens America's
00:28:59.700 ability to produce
00:29:00.720 oil and makes us
00:29:02.120 more dependent on
00:29:03.140 foreign adversaries.
00:29:04.100 So I think what
00:29:05.180 President Trump and
00:29:06.160 the administration is
00:29:07.000 trying to do is
00:29:07.740 stay in a sweet spot,
00:29:08.860 where oil is low
00:29:10.300 enough that our
00:29:10.880 enemies are weakened,
00:29:11.880 but not so low that
00:29:13.940 we're devastating U.S.
00:29:15.400 small businesses.
00:29:16.160 And I think they're
00:29:16.560 doing a pretty good
00:29:17.640 job of trying to
00:29:19.000 balance those two
00:29:20.180 factors.
00:29:20.980 Well, and I was
00:29:21.500 talking to some
00:29:22.000 small refineries, and
00:29:23.320 that was exactly their
00:29:24.380 concern, Senator, was,
00:29:25.600 hey, these small
00:29:26.720 refineries that keep
00:29:27.800 these small towns
00:29:28.580 going, that employ a
00:29:29.840 lot of people, they
00:29:31.080 want to make sure that
00:29:31.840 they're okay as well.
00:29:32.980 And like you said,
00:29:33.880 that's where this
00:29:34.400 administration kind of
00:29:35.420 has to weigh both
00:29:36.140 ends of this, because
00:29:37.280 you don't want to
00:29:38.340 hurt mom and pops,
00:29:39.320 you don't want to
00:29:39.780 hurt the smaller
00:29:40.400 ones.
00:29:40.540 Like you said, the
00:29:41.000 big ones will be
00:29:41.680 okay.
00:29:42.520 But these small
00:29:43.320 refineries that
00:29:44.760 literally power these
00:29:46.000 small towns where
00:29:46.860 they are, you don't
00:29:48.180 want them to get
00:29:48.800 hurt either.
00:29:49.880 Yeah, and look, in
00:29:51.080 the last several
00:29:51.780 weeks with everything
00:29:52.500 happening in Iran,
00:29:53.380 everything happening
00:29:53.980 in Venezuela, I've
00:29:54.860 been reaching out to
00:29:55.800 energy leaders,
00:29:56.620 primarily in Texas.
00:29:58.140 So I've had
00:29:58.680 conversations with
00:29:59.620 the CEO of
00:30:00.340 Chevron and the
00:30:01.140 CEO of Valero, the
00:30:03.240 biggest refiner in
00:30:04.120 America, and I've
00:30:04.840 had conversations with
00:30:05.740 a number of
00:30:06.420 smaller E&P
00:30:08.220 exploration and
00:30:08.980 production
00:30:09.400 independents in
00:30:12.320 West Texas, and
00:30:14.280 they've expressed
00:30:16.000 optimism, number
00:30:17.160 one, in terms of
00:30:18.000 Venezuela.
00:30:19.380 Venezuela, as we've
00:30:20.400 talked about, has the
00:30:21.360 highest proven
00:30:22.060 reserves of oil in
00:30:23.420 the world.
00:30:24.080 No country has
00:30:24.740 more.
00:30:25.800 But the
00:30:26.180 Venezuelan
00:30:27.120 infrastructure is
00:30:28.060 completely collapsed.
00:30:29.520 Communism is not
00:30:30.560 capable of producing
00:30:31.760 what they should.
00:30:32.680 And so Venezuela
00:30:34.840 right now is
00:30:35.660 producing about a
00:30:36.680 million barrels a
00:30:37.480 day, which is a
00:30:38.100 fraction of what
00:30:38.820 their capacity is.
00:30:40.460 I will say, I
00:30:41.620 asked one of the
00:30:42.860 major CEOs, I
00:30:43.880 said, okay, what
00:30:45.440 would the time frame
00:30:46.660 be to take
00:30:47.420 Venezuela from one
00:30:48.840 million barrels a
00:30:49.700 day to three
00:30:50.880 million barrels a
00:30:51.640 day?
00:30:52.260 And the response
00:30:53.400 was ten years.
00:30:55.260 Wow.
00:30:55.460 That it doesn't
00:30:56.680 happen overnight.
00:30:57.820 It would take
00:30:58.620 tens of billions
00:31:00.300 of dollars of
00:31:01.000 investment and
00:31:01.700 perhaps north of
00:31:02.660 a hundred billion
00:31:03.420 dollars.
00:31:03.860 Now, you would
00:31:04.700 recoup that, but
00:31:06.040 the infrastructure
00:31:06.760 has so degraded.
00:31:08.320 And I said, all
00:31:08.780 right, so ten
00:31:10.100 years to go from
00:31:10.940 one million a day
00:31:11.760 to three million a
00:31:12.500 day.
00:31:12.660 How about just
00:31:13.140 from one to two?
00:31:14.480 And the answer
00:31:15.400 was five to seven
00:31:16.960 years.
00:31:17.460 So the first
00:31:18.740 million you add
00:31:19.640 would take longer.
00:31:20.800 It's an
00:31:20.980 infrastructure.
00:31:21.740 It's just straight
00:31:22.280 up infrastructure.
00:31:22.940 Right.
00:31:23.260 Right.
00:31:23.560 And you could
00:31:24.240 keep going up
00:31:24.940 from there.
00:31:25.460 I also am
00:31:26.000 talking to
00:31:26.460 refiners.
00:31:28.160 So Venezuela
00:31:29.520 produces what
00:31:31.520 is called
00:31:32.300 heavy sour
00:31:33.200 crude, which
00:31:34.580 is a different
00:31:35.340 sort of crude
00:31:36.440 than in West
00:31:37.200 Texas.
00:31:37.560 They produce
00:31:38.140 what's called
00:31:38.540 light sweet
00:31:39.180 crude.
00:31:39.900 You refine
00:31:40.960 them very,
00:31:41.620 very differently.
00:31:42.280 Now, it so
00:31:42.680 happens that
00:31:44.120 the refineries
00:31:45.040 that were built
00:31:45.700 to handle heavy
00:31:46.680 sour crude are
00:31:47.960 along the Gulf
00:31:48.660 Coast.
00:31:49.060 They're in Texas
00:31:49.520 and Louisiana.
00:31:50.720 And so we've
00:31:51.460 got the capacity.
00:31:52.420 I've been told
00:31:53.160 that the Gulf
00:31:54.340 Coast refineries
00:31:55.360 could almost
00:31:56.020 overnight refine
00:31:58.220 and an additional
00:31:58.860 250,000 barrels
00:32:00.420 of the heavy
00:32:01.400 crude from
00:32:01.920 Venezuela.
00:32:03.120 Now, interestingly
00:32:04.040 enough, when I've
00:32:04.660 asked the refiners,
00:32:05.620 OK, what would
00:32:06.120 the trade-off be?
00:32:06.880 What would the
00:32:07.260 impact be, say,
00:32:08.280 for West Texas
00:32:08.900 producers?
00:32:10.020 The refiners, at
00:32:11.460 least, were not
00:32:12.100 that concerned
00:32:12.700 about it.
00:32:13.040 And they said,
00:32:13.480 look, the other
00:32:14.340 producers of heavy
00:32:15.840 crude are Canada.
00:32:18.500 And so the tar
00:32:19.240 sands in Alberta
00:32:20.160 and I said, look,
00:32:20.940 more Venezuelan
00:32:21.800 crude would impact
00:32:22.620 Canada.
00:32:23.500 And actually,
00:32:24.720 Mexico.
00:32:25.220 Mexico also
00:32:26.220 produces similar
00:32:27.240 crude to what
00:32:29.200 Venezuela and
00:32:30.020 Canada produce.
00:32:30.960 And so that,
00:32:32.860 in terms of the
00:32:33.520 impact, those are
00:32:34.280 the trade-offs.
00:32:35.020 And that's the
00:32:35.560 kind of decision
00:32:37.000 making the Trump
00:32:38.160 administration is
00:32:38.960 engaged in right
00:32:39.660 now.
00:32:40.200 It's a new year,
00:32:41.420 2026.
00:32:42.580 You probably heard
00:32:43.240 the name Bitcoin
00:32:44.100 and cryptocurrency.
00:32:45.740 So the question
00:32:46.420 so many people
00:32:46.980 have is, is it
00:32:48.540 safe and is it
00:32:49.880 something that I
00:32:50.420 should be invested
00:32:51.280 in?
00:32:51.840 It's a question I
00:32:52.820 want to get
00:32:53.200 answered for you
00:32:54.060 today.
00:32:54.440 And joining me
00:32:55.160 now to talk
00:32:55.680 about that is
00:32:56.160 the co-founder
00:32:56.780 of Bitcoin
00:32:57.520 IRA, Chris
00:32:58.480 Klein.
00:32:59.360 Chris, I
00:32:59.820 appreciate you
00:33:00.460 being here.
00:33:01.560 And it is
00:33:02.380 pretty cool to
00:33:03.060 see what's
00:33:03.520 happening in the
00:33:03.980 crypto space.
00:33:04.880 It has become
00:33:05.800 normal.
00:33:06.460 It now can be a
00:33:07.340 part of your
00:33:07.880 IRA.
00:33:08.500 The federal
00:33:09.020 government has
00:33:09.820 changed the
00:33:10.360 rules.
00:33:11.080 They're accepting
00:33:12.060 cryptocurrency like
00:33:13.260 it's a stock.
00:33:14.040 Yes, absolutely.
00:33:15.000 And it's really
00:33:15.860 driven itself into
00:33:16.740 a mainstream space.
00:33:17.900 I remember a
00:33:18.640 decade ago when
00:33:19.340 we first started
00:33:20.060 Bitcoin IRA and
00:33:21.440 everybody was like,
00:33:22.380 are you crazy,
00:33:23.220 kid?
00:33:23.440 You're putting
00:33:23.920 Bitcoin in
00:33:24.580 retirement accounts.
00:33:25.780 Is this even
00:33:26.300 possible?
00:33:26.860 And you fast
00:33:27.420 forward to where
00:33:27.940 we're at today
00:33:28.600 where countries are
00:33:29.660 building stockpiles,
00:33:30.540 corporations are
00:33:31.260 building stockpiles.
00:33:32.480 Strategy, for
00:33:33.040 example, is pretty
00:33:33.820 much its entire
00:33:34.400 business models around
00:33:35.400 this.
00:33:35.880 It's a piece of
00:33:36.880 diversification that
00:33:38.100 every major player in
00:33:39.600 the space and
00:33:40.140 economics is looking
00:33:40.920 at and so should
00:33:41.960 too the individual
00:33:42.740 sovereignty of the
00:33:43.640 average American
00:33:44.200 looking to put it
00:33:44.860 inside of their
00:33:45.280 retirement.
00:33:45.640 You guys actually
00:33:46.740 have a really cool
00:33:47.520 stat that you told
00:33:48.320 me about at
00:33:48.960 dinner and that
00:33:49.640 is that your
00:33:50.780 clients, 75% were
00:33:52.880 born before 1976.
00:33:55.400 So the idea that
00:33:56.680 you maybe missed out
00:33:57.580 on this or if
00:33:58.280 you're a little
00:33:58.560 older, it's a
00:33:59.480 young man's game
00:34:00.260 in crypto, that is
00:34:01.540 also just not true.
00:34:03.060 That's definitely one
00:34:03.780 of the myths I
00:34:04.340 wanted to come
00:34:04.780 debunk with you and
00:34:05.540 your audience is
00:34:06.160 this isn't our
00:34:07.640 grandfather's economy
00:34:08.580 and grandfathers are
00:34:10.180 buying Bitcoin and
00:34:11.140 putting it inside of
00:34:11.880 their retirement for
00:34:12.480 long-term holdings,
00:34:13.520 especially now that
00:34:14.180 they're thinking
00:34:14.520 about inheritance
00:34:15.160 and handing some
00:34:15.740 of these things
00:34:16.200 down.
00:34:16.820 But yeah, that was
00:34:17.440 actually shocking to
00:34:18.300 me.
00:34:18.500 We've discovered
00:34:19.020 that in 2018 that
00:34:20.680 75% of them were
00:34:22.300 older than my
00:34:23.300 parents' generation.
00:34:24.960 And what we found
00:34:25.800 from surveying all of
00:34:26.880 them was this is
00:34:27.880 something that they
00:34:28.420 think is new age and
00:34:29.380 that I think almost
00:34:30.580 every American,
00:34:31.480 especially older ones,
00:34:32.320 has a genuine
00:34:33.060 concern of watching
00:34:34.100 what's happened to
00:34:34.760 the U.S. dollar over
00:34:35.720 the last four or five
00:34:36.560 decades.
00:34:37.420 And there's always
00:34:37.880 been gold and silver
00:34:38.700 as a potential hedge,
00:34:39.660 land, real estate,
00:34:40.760 these scarce assets.
00:34:42.040 And Bitcoin, while it
00:34:42.880 may seem, oh, that's
00:34:44.060 digital and it's
00:34:45.060 different, it's
00:34:46.000 scarce.
00:34:46.540 There's only 21
00:34:47.240 million assets of
00:34:48.320 Bitcoin that will
00:34:48.820 ever be mined.
00:34:49.800 19 and a half million
00:34:50.640 have been mined so
00:34:51.540 far.
00:34:52.460 And you and I
00:34:53.360 actually won't live.
00:34:54.040 Our kids will
00:34:54.540 probably live to see
00:34:55.180 the last one get
00:34:55.880 mined.
00:34:56.520 This is something,
00:34:57.200 you know, we're in a
00:34:57.640 world of abundance
00:34:58.220 since I was born in
00:34:58.980 1985.
00:34:59.760 It's abundance.
00:35:00.280 We just printed and
00:35:00.920 printed and printed
00:35:01.560 more.
00:35:02.240 This is a moment in
00:35:02.980 time where we may be
00:35:03.580 able to revert back to
00:35:04.500 scarcity.
00:35:05.300 And there'll be a day
00:35:06.060 where just saying, I
00:35:06.860 have one Bitcoin,
00:35:07.860 will be life-changing.
00:35:08.900 Chris, I hope a lot of
00:35:09.820 people that are
00:35:10.200 watching this, you guys
00:35:11.460 will go and find out
00:35:12.280 more.
00:35:12.920 It is amazing what you
00:35:14.120 can do in your
00:35:15.140 retirement account now
00:35:16.220 just like your other
00:35:17.260 investments with
00:35:18.400 Bitcoin cryptocurrency.
00:35:20.180 Find out more right
00:35:21.220 now at
00:35:21.780 BitcoinIRA.com
00:35:23.820 slash Ben.
00:35:24.740 That's
00:35:25.020 BitcoinIRA.com
00:35:27.700 slash Ben
00:35:28.460 and see what
00:35:29.360 cryptocurrency can do
00:35:30.640 for your portfolio.
00:35:32.180 I want to ask you one
00:35:33.280 final question before
00:35:34.180 we wrap here.
00:35:35.320 We talked a lot about
00:35:36.640 Venezuela in the last
00:35:37.440 couple of shows.
00:35:38.060 We kind of know the
00:35:38.740 state of play there.
00:35:39.680 We talked a lot about
00:35:42.040 Iran today.
00:35:43.300 Can you give us, for
00:35:44.440 everyone listening, just
00:35:45.580 a quick update on what's
00:35:47.080 happening in Cuba?
00:35:48.240 We've mentioned it several
00:35:49.320 times of how things could
00:35:51.580 be teetering there.
00:35:52.860 Give a little bit of an
00:35:53.680 update for people so they
00:35:55.100 understand what's
00:35:55.840 happening on the ground
00:35:56.620 there as we wrap things
00:35:57.500 up.
00:35:58.120 So look, the Cuban 1.00
00:35:59.060 regime has been a
00:36:00.100 communist dictatorship since
00:36:01.560 1959.
00:36:03.680 As you know, that for me
00:36:05.100 is not some abstract
00:36:06.460 statement because my
00:36:07.640 family was directly
00:36:08.560 involved in it.
00:36:09.260 My dad was a kid.
00:36:10.380 He was 14 when he
00:36:12.540 began fighting in the
00:36:13.600 Cuban Revolution.
00:36:14.820 And to this day, my dad
00:36:16.560 turns 87 in March.
00:36:18.660 And he told me, he said,
00:36:19.820 look, the revolution, he
00:36:22.060 said it was 14 and 15
00:36:23.600 year old boys who he
00:36:25.460 said were too stupid to
00:36:26.680 know any better.
00:36:28.180 And as you know, you
00:36:29.400 know my dad well, but
00:36:30.360 when I want to give my
00:36:31.860 father grief, I'll call my
00:36:33.800 dad a communist
00:36:34.620 guerrilla.
00:36:36.480 He gets very mad.
00:36:38.180 I have a feeling that's
00:36:39.460 during game night when
00:36:40.540 you guys are playing
00:36:41.220 games.
00:36:41.660 I just, I feel like
00:36:42.540 that's when that's going
00:36:43.340 to get used the most.
00:36:44.520 Yeah.
00:36:44.700 And he will say, I was
00:36:45.840 not a communist.
00:36:46.900 I was never a
00:36:47.980 communist.
00:36:48.900 He was a kid and they
00:36:50.280 were fighting against
00:36:51.140 Batista who was, who
00:36:52.200 was a dictator.
00:36:54.000 He was corrupt.
00:36:55.000 And, and Batista's, uh,
00:36:57.280 thugs threw my father
00:36:58.700 in prison and they
00:36:59.520 tortured him.
00:37:00.240 And so when my dad came
00:37:01.540 to America, he was
00:37:02.360 fleeing Batista and he
00:37:03.440 came to Texas at 18 with
00:37:05.180 nothing and he couldn't
00:37:06.700 speak English.
00:37:07.240 He came seeking freedom.
00:37:09.920 His younger sister is my
00:37:11.660 Tia Sonia and my Tia
00:37:12.720 Sonia, I adore my Tia
00:37:14.160 Sonia.
00:37:14.580 I call her my Tia
00:37:15.380 Loca.
00:37:15.820 She's my crazy aunt.
00:37:17.480 She is a fireball. 1.00
00:37:19.580 She was there in 59 when 0.84
00:37:22.080 Castro took over and, and
00:37:23.700 the, the young people,
00:37:25.760 the Cubans didn't realize 0.95
00:37:26.960 Castro was a communist.
00:37:28.000 They just thought it was a
00:37:29.500 people's revolution against
00:37:30.780 Batista.
00:37:31.280 He took over and he
00:37:32.760 declared he was a
00:37:33.360 communist.
00:37:33.920 He began firing squads.
00:37:36.620 He began executing anyone
00:37:37.900 who disagreed with him.
00:37:38.840 He began seizing people's
00:37:40.060 lands.
00:37:41.120 And, and my Tia Sonia fought
00:37:43.020 in the counter-revolution.
00:37:44.220 She was, there were, there
00:37:45.920 was a whole counter-revolution
00:37:47.100 of the people trying to
00:37:47.960 fight back and, and my
00:37:49.060 Tia Sonia ended up being
00:37:50.180 thrown in prison and
00:37:51.940 tortured by Castro's goons.
00:37:54.400 Wow.
00:37:54.560 So, so I take it very
00:37:56.320 personally when it comes to
00:37:57.500 communism, it, it, it
00:37:58.680 strikes very close to home.
00:37:59.860 If you look at the
00:38:01.600 history of Cuba, starting
00:38:02.820 early on from when Castro
00:38:04.660 took over and made Cuba a 0.99
00:38:06.340 communist dictatorship, for
00:38:08.540 decades, Cuba was
00:38:09.880 effectively a satellite state
00:38:12.680 of the Soviet Union.
00:38:13.540 Remember the whole Cuban 1.00
00:38:14.380 missile, missile crisis under
00:38:15.580 JFK.
00:38:16.600 And the Soviets provided 0.80
00:38:18.540 them a financial lifeline.
00:38:19.920 Look, if you're a 0.86
00:38:21.020 communist, you destroy the
00:38:23.200 economy.
00:38:23.560 That happens all across the
00:38:25.700 world.
00:38:26.140 Communism is a great way to
00:38:27.580 destroy jobs and make your
00:38:28.900 people incredibly poor.
00:38:30.720 Cuba went from, it was the
00:38:32.520 number one sugar producer in
00:38:34.300 all of Latin America.
00:38:35.580 They just destroyed the
00:38:37.140 sugar industry and everything
00:38:38.220 else and brought massive
00:38:39.620 poverty to Cuba.
00:38:41.480 They survived because the
00:38:43.240 Soviet Union sent them money
00:38:44.640 and they sent them money
00:38:45.560 because the Soviets wanted a
00:38:47.000 military satellite just 90
00:38:49.060 miles off the coast of
00:38:50.080 America.
00:38:51.280 Now, when we won the Cold
00:38:53.900 War, when the Soviet Union
00:38:55.020 collapsed, suddenly that
00:38:57.180 financial lifeline disappeared.
00:38:59.460 And what happened was
00:39:00.940 Venezuela stepped into the 0.91
00:39:02.300 breach.
00:39:03.300 And you had Hugo Chavez and
00:39:04.840 then later Maduro, both
00:39:06.260 communist dictators, who
00:39:07.780 destroyed the economy in
00:39:09.900 Venezuela, just like Castro 0.84
00:39:11.280 had in Cuba.
00:39:12.840 Chavez and Maduro did the
00:39:14.300 same thing in Venezuela.
00:39:16.240 And Venezuela had a corrupt
00:39:18.080 bargain where they would
00:39:19.160 send oil, which they had a
00:39:20.760 ton of, and they would send
00:39:22.360 money, which they had a lot of
00:39:23.860 in exchange for selling the
00:39:25.120 oil, and what they would get
00:39:27.220 back is enforcers and thugs.
00:39:29.740 There was a reason Maduro's
00:39:31.240 entire protection detail were
00:39:33.240 Cuban guards.
00:39:34.400 And, you know, in the article
00:39:35.340 I just read, it talked about
00:39:36.660 how one of the reasons is
00:39:38.820 Maduro didn't trust
00:39:39.800 Venezuelans because he was 0.98
00:39:40.880 such a terrible leader that he
00:39:42.140 was afraid Venezuelans would
00:39:43.360 turn on him, which is why he
00:39:45.040 used Cuban enforcers instead.
00:39:47.680 Well, with Venezuela, with 0.76
00:39:50.740 Maduro having been arrested no
00:39:52.520 longer in power, Venezuela is no
00:39:54.200 longer sending oil and no
00:39:56.200 longer sending money to Cuba.
00:39:57.600 And the Cuban economy is in
00:39:58.860 free fall, just like the
00:39:59.920 Iranian economy is in free 1.00
00:40:01.200 fall.
00:40:01.940 The regime is incredibly
00:40:03.700 precarious.
00:40:04.360 And I'll tell you what's
00:40:05.080 keeping it alive right now,
00:40:06.700 which is Mexico is still
00:40:08.420 sending oil to Cuba.
00:40:09.880 And my hope is the Trump
00:40:11.800 administration is going to
00:40:12.940 lean on Mexico to stop that 0.98
00:40:15.220 oil going to Cuba.
00:40:16.700 I think that may be the
00:40:18.500 single most important piece
00:40:20.140 to nudge Cuba beyond the 0.99
00:40:23.280 tipping point, much like Iran 0.98
00:40:24.780 is.
00:40:25.680 And I think the communist
00:40:27.000 dictatorship is terrified
00:40:28.620 that they will lose control.
00:40:31.640 Now, the counterbalance to
00:40:33.880 that is the Cuban regime has a
00:40:37.440 massive oppressive machinery that
00:40:40.680 has been in place for decades.
00:40:43.820 And that machinery can be
00:40:46.160 really brutal.
00:40:47.240 And so I think the vulnerability
00:40:50.540 right now is is that when
00:40:52.600 people face a collapsing
00:40:54.600 economy, they get angry and
00:40:56.660 they can turn on their
00:40:57.560 leaders.
00:40:58.160 And so I think the Trump
00:40:59.920 administration, I think
00:41:00.800 President Trump is
00:41:01.600 encouraging that.
00:41:03.340 But but it is the economic
00:41:04.480 factor more than anything
00:41:05.700 that I think is is is putting
00:41:07.380 the regime in a massively
00:41:08.940 fragile position.
00:41:10.540 It's going to be very
00:41:11.100 interesting to see what
00:41:11.680 happens in the days and
00:41:12.860 weeks ahead on this, because
00:41:14.100 like you said, it's teetering
00:41:15.440 at the moment.
00:41:16.140 How long can you teeter
00:41:17.360 before the people also rise
00:41:19.520 up, which is what we've
00:41:20.420 seen in Venezuela?
00:41:21.180 It's also what we've seen
00:41:22.460 certainly day to day in
00:41:24.140 Iran.
00:41:24.920 And the question is, what
00:41:26.240 happens next in Cuba?
00:41:27.280 We're going to cover it all
00:41:28.320 here.
00:41:29.200 Don't forget, we do the show
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