Iran War Update; Stablecoin Regulation; ICE | Yaron Brook Show

That that's pretty straightforward and uh and uh a knowledgeable. Anyway, this morning, well before we get to that, as you know, yesterday, uh, Donald Trump declared that he had to go to Washington, left the G seven meeting in Canada all in a huff and a puff and got on a helicopter and shootout I guess if it was Wan or whatever, and returned quickly to Washington, DC and meetings today with his

National Security Council and everything. At this morning, Trump tweated an amazing statement. He treated, we now have complete and total control of the skies over Yon. Yon had good skytrackers and other defensive equipment, and plenty of it, but it doesn't compare to American maid conceived and manufactured stuff. Nobody does it better than good old USA and you know, okay, but everybody was wondering, what does he mean by we

Americans flying in Yon? Have they entered the war? Does the US force now have complete control of the skies? And the answer was, well, no, none in that sense, that is, no American planes are flying up there. So who is the WII? And he was asked, uh, you know, the the accid in the White House came out with statement,

he said, we means America. So no credit to these Israeli force, No credit to the planners, no credit to the to the you know, to the diligence, no credit to the fact that almost all the airplanes flying above Iran were modified by Israel. But but really no, you know, beyond the equipment, the equipment is amazing, the best in the world. American makes stuff. I mean, maybe this is just a message to China, don't mess with us, but we now have complete control of the skies over your

on taking credit for other people's stuff. That that's great. That that that's part of the course of Trump. This is perfect visa e. Trump. And uh and again, how did how did how did they get all the trackers and defensive equipment? How did how did they get all the defense systems gone. It wasn't just the equipment. It was great strategy, great planning, great flying, you know, and it was it was a lot of that equipment was taken out by the mossade with drones on the ground.

Those drones are probably not US drones made in Israel, maybe the little ones made in China. So I don't know. I don't think. I don't think Donald Trump and and America. But Badley is ready, should be ready yet to take full credit for everything that's happened in Iran. But this is Donald Trump, and he is going to and I told you he's waiting. He's he's not gonna intervene until he feels like it's one hundred percent safe, there's no downside,

and he'll get all the credit. He'll get all the credit. I mean, as all these debates during the day, we're going Willy won't he? WILLI intervene? Won't he intervene? Willie sent the b twos won't he? I mean, it was like very mixed feelings. On the one hand, be great if the United States came in, it would make it fast that quicker, easier, and and regime change probably happens quicker.

But on other hand, other hand, I was going, it's all should just finish it, and because if the US goes in, we will here forever is or can't get it done. It needs American help, you know, without American help, it can nothing. You know, it's just not it's almost not. It's almost sure it's not, but it's almost not worth it. Uh that that that actually that that actually happened. Anyway, That wasn't the last tweet, although that was the big

one that took a lot of credit. Then about an hour later, Trump tweets one tweet unconditional surrender all caps, best tweet Trump maybe has ever tweeted. You know, if somebody knows a better tweet that Trump is tweeted, let me know. But unconditional surrender, Yes, that is the spirit. That's the kind of spirit we want America a resurrect to bring back. Yeah, Iran needs the unconditionally surrender. That is the that is the appropriate outcome for what is

going on right now. And then he followed it up with this again kind of I don't know, we know exactly where the so called supreme leader is hiding. Here is an easy target, but it's safe there, not going to take him out in parentheses kill at least not for now. We don't, but we don't want missiles shot at civilians or American soldiers. Our patients is wearing thin. Thank you for your attention on this matter. You know how this mind thinks. I have no idea anyway. He's

not allowing is Old to take out Hominy. He's not directly saying he will take out Haemony unless missiles are shot at civilians. They've been shot at civilians now every night since the war began, or American soldiers, and I think that's the key. American soldiers have not been harmed yet. Anyway, he tweeted these and and people in Israel got very excited, and uh and and people online got very excited, and there was there was basically speculation, uh that this was it,

that that Trump had made the decision. Given his running away from leaving G seven in a florry. People decided, Yeah, he's made the decision. This is it. The United States is going to answer the phrase B two's photo has done how many potentially has done one bunker busting bombing on his bunker and he's finished. And people getting quite

excited about this. And then Trump had his entire national security team at the White House and they were talking, and the meeting went on and on, and then rumors had it that as soon as the meeting ended, it was ending, Trump was going to make a statement, was going to make a statement. My expectation by everybody was he was going to make the statement announcing that the US is in, the US is coming in, and uh

then there were then then the rumors were rumors. I guess, I guess news was a Tenny hour and Trump it's spoken. While this meeting was going on, there was a phone call between Natenaw and Trump, and then the meeting ended, and I'm like refreshing my Twitter feed and refreshing news feeds. Where's where's the Trump's statement? Where's that He's gonna announce any minute now that you know US is joining? And nothing? Nothing. Indeed, a while after the meetia ended, the White House announced

that nothing. Trump would not make any announcements until Wednesday. Uh so so you know it's not gonna happen. Oh, it's not gonna happen.

And it's it's back and forth. And I'm sure in the debates inside the Security Council, I'm sure JD is against it, and uh, hex Sets probably and and you know, Hexays, I don't know, probably four he's pretty anti Islam. Rubio is probably four getting in hex Sets is probably neutral. And I don't know where anybody else is. But but I'm pretty sure JD. Vance is on the no side

on the on the kind of Maga megasite. Uh So, who knows, will he won't he will he send in the B twos and one he Now what's interesting about this is it's the last two days they've been moving pieces from all over into the Middle East regions. So they move massive quantities, large numbers of refueling airplanes into who into Europe in close proximity to the Middle East. They've moved F twenty two's, F thirty five, F sixteen's,

they moved all these airplanes there. The nimits should be arriving in the area soon, if it's not already there, should be arriving really really soon. And the pieces are all there. They they evacuated the air base in Qatar. It's empty. Was the point of it anyway, but they've evacuated it because it's very close to you to Yuan. All the American troops in different bases in Syria and in I York, those troops that Trump in his first term told us that he was going to bring back

home and never did. Those troops, Well, they're in bases in Syria and Iraq. They're on full alert, you know, in case Iwan goes after the and so far nothing. It'll be interesting to see what happens in the morning and what he says in the morning and then what he does, because those are not the same thing what he ultimately what he ultimately does. But in many respects, at least we forgot that the nuclear program. Trump could

end this very quickly. I don't know how many thirty thousand pound bombs you need to take out photo but you know, some and probably more than one, less than five, I don't know. I don't know, but that would hit. That would finish it. In terms of the Uranian nuclear program. Israel's taking out pretty much everything else. And then I don't know what Israel needs the US Air Force four Other than that, It's like Gusrael was going. I mean,

no official was doing this, but Israeli's online. We're going. Just just lend us the plane, you know, just get a couple of hours, just lend us a B too and and a couple of bombs, and we'll do it. You know, you don't have to you don't have to do it. We'll just lane lease whatever the B two and we'll take care of it. You don't, you don't need to get involved. Just stay home. It's fine, sadly, you know, can't do that. Uh And and I don't know if Israel has a pilot who can pilot the

B two? You know, I don't. I have no idea. Anyway, everybody's sitting and waiting, basically, I know in Israel this sitting and waiting. In the meantime, I did want to mention this related to to to you know, to Trump and JD. Vance put out a long tweet, kind of a long tweet, and which is you know, really interesting VISTI all, you know, he can write as compared to Trump, and he he's not bombastic and ridiculous. Obviously, he's much

more of an intellect. But it's also funny because of how fonny it is, right, you know, it's it's it's it's like, we've got to just let Donald Trumbull decide and whatever Donald trumble will decide will be good because I trust Donald Trump and I'm completely trusting Donald Trump. I mean, here's what the fin of three paragraphs for three d in the whole thing. It's up online. Meanwhile, the president has shown remarkable restraint and keeping on military focus,

on protecting our troops and protecting our citizens. I don't know what that even means, you know, I don't know what anyway we may decide. He may decide he it's all about him. He may decide he needs to take further action to Andy Ranian and Richmond. That decision ultimately belongs to the present and of course people are right to be worried about found entanglement after the last twenty

five years of idiotic found policy. But I believe that President has earned some trust on this issue, and having seen this up close and personal, I can assure you that he is only interested in using the American military to accomplish the American people's goals. Whether he does that is his focus. So I guess Trump has not taken the night off. He will go meditate and decide whether he is going to do it or not. In the meantime, Azrael continues to bomb targets all over western YUK and

some even in the northeast. But Primelli in Western YUK. It's bombing several, has several targets in Tehran itself. Indeed, they evacuated a number of neighborhoods and bombed within those neighborhoods and outskirts of Tehran in the hills around it. There is a massive blaze going on. Supposedly this is a factory that produces the ballistic missiles, that makes the ballistic missiles. The idea now is that the Israeli Air Force continues to attack launchers and ballistic missiles getting ready

to fire at Israel. But it is also now a key focus of THEIRS to destroy Iran's capacity to build more ballistic missiles. Anyway, they hit this factory. It's a massive fire going up in the hills up above Tehran. They also hit a petrol chemical plant, a petrol chemical plant that specialized in producing the kind of fuel that the ballistic missiles require in order to launch and fly all the way it Israel, so they are they are taking out, you know, all the infrastructure that is needed

to build ballistic missiles. Other thing they did today which was interesting, remember a few years ago Israeli Mossad actually broke into the archives of the Uranian nuclear program. They they don't house their archives online on a computer because they're afraid is Well will hack it and steal it.

They housed it in a physical location. And Israel a few years ago basically broke in and and made copies of everything, and Antennia I was showing them off and and and learned a lot about the new program, learned the names of the scientists, and learned the where all the locations are, learned a lot about the progress they were making. Anyway, Iran continued to house all the documents

remain relating to the nuclear program in this archive. They didn't digitalize it, so there's one copy and it's in this archive. Well today is well destroyed that archive. And I think the logic there is, if they ever want to resurrect the nuclear program, no blueprints, no plans, no whatever is in that archive exists, they won't have it. It's gone, it has been blown up. It's unclear what

some of the other targets have been today. Not a lot of information coming through in terms of the particular targets. Is those just you know planes. Again, whereas Trump said, we control their space, the reality is that Israel has complete control these really air foros, has complete control over the space above Tehran and above all of really western western Iwan. I mean, this fire above Tehran is if you can find a picture of it, it's quite quite spectacular,

it's quite big, it's impressive. That's a ballistic missile. It's called the Kojir Garrison Aerospace Complex, and it's one of the largest sites manufacturing ballistic missiles. So I assume they're going after the other sites and they're just destroying capabilities. And again they're attacking governing infrastructure within the city of Tehran. Generally photos out of the city of Tehran show it. It looks like a ghosts down. A lot of people

have left. I think a majority of the population has left. Sixteen million people living in Greater Tehran and many, many, many of them I don't know if majority, but many, many, many of them have left the city by car, go stay with relatives, or some of them have homes outside in other parts of other parts of Yuan. What else, what else happened today in terms of in terms of this, Oh yeah, I mean, Iran continues to send ballistic missiles

into Israel. It continues to launch them. But what is really, really, really interesting is the numbers. I mean, the numbers are being ridiculously I mean in a positive way, ridiculously low, three, ten, most fifteen. Now, the thing about these numbers is that these numbers, Israel should be able to knock them all down, if you know, if not all of them, almost all of them, and the amount of damage that can be done is probably minimal. And indeed, most of the most

recent launches have resulted in no damage, no casualty. They've even the bombs have either fallen in empty spaces or being shot down by Israeli air defense. So there was absolutely no question. Now that Israel has degraded dramatically, i'd say degraded Iran's capacity to launch ballistic missiles in its direction.

The number of missiles is ridiculously small. Again, remember that the fear in Israel was that Iran would launch three to five hundred missiles out of once or even more and just overwhelm the system and cause dozens of not hundreds of casualties I mean in Israel. And the fact that even on the first night they could only get two hundred in there. Then it went down to one hundred, then there was like fifty. Now it's anyway from three

to fifteen. And again an amazing testament to the ability of the Israeli Air Force to locate these things destroy them, uh and uh and again a testament to the fact that they have complete, you know, control over the skies and can fly anyway and chase these things down and destroy them. I mean right now, it's it's more of a hassle that every couple of hours the AREAD shelter.

Eliot Simons, you have to go into the shelter and then come out, and then you go back to sleep, and then two hours later, there's a so's it's more that, it's more you know, Israeli suffering from lack of sleep and stress and all the emotion that goes along with it, rather than I think the worst of the damage has already been done and we will see if Elon can muster anything more. All evening today, the Ranians distributed propaganda videos.

They claimed that they were going to hit Israel today with weapons that you cannot even imagine, weapons that are far more sophisticated, better could evade the defense systems, bigger bombs. They even hinted that they might have a nuke. So all evening they were doing this, and then so every time, every time you get a marriage of a ballistic missiles, I think some people certainly feared, Oh, do they have

something different? Do they have something more powerful? Do they have something you know, more substantial that is going to cause damage? And so far, all of that's just being propaganda. As I've often told you, if you listen to the show regularly, as I've often told you, authoritarian regimes there's weapons are typically not that great, and they might tout it, they might advertise them, they might claim the greatest and best ever but when it comes down to real performance,

they're just not that great. And uh, I think that's what we're seeing, at least partially seeing with you on right now. Uh. They have all they have large numbers, but but the weapons systems are a primitive, a bad are not sophisticated, and and all their promises for these latest generations greatest than ever as far as we know, if they've launched any they'd be knocked down. And it's not clear they've launched any.

believe everything they read coming out of authoritarian regimes. Quote, tonight's missile attacks showed that we have gained complete control over the skies of the occupied territories, and then its residents have become completely defenseless against the Iranian missile attacks. So yeah, I believe anything you read from the revolutionary

God with with the you know, with skepticism. Uh, you know, but I'm sure there's a bunch of Maga people out there and libertarians out there saying yeah, yeah, yeah, and we carry as if we can believe these rat leaves, we can't believe in that's their moral and and and and you know, just to qui that they make. But the reality is, yeah, you can probably believe the Israelis because these Raelis are going to be second guests and

checked by their own media and and everything else. One of the fun things that is going on here, Oh, I told how many just posted. We must give a strong response the terrors Zionist regime. We will show the Zionists no mercy. He's eighty something years old, he's a little he's a little delusional. One of the funny things that's going around these videos is they've got how many giving a speech and they overlay it with with sink

something completely different. Uh. And it's really really it's really really funny right about you know, he has no generals, it's armies dead. I mean a number of different versions of this, but it's it's it's pretty hysterical. Yeah, Oh, Mario Nofal actually has some you know, his take on what's going on after interviewing all these experts. Now he's interviewed a lot of experts who are not experts, who

know nothing. But let's see what Mario nefal now in your father is like the guy who does all the news on acts on Twitter. Iran is running out of missiles and missile launchers to strike Israel. The attacks have dropped ninety percent based on the numbers of missile per wave. Absolutely, Israel this complete air dominance over Tehran and Western Iran

probably more, and Mosada has infiltrated the Ranian military and government. Absolutely, Iran is trying to end the war, seeking a deal with the US and trying to avoid getting the US involved in the war. Absolutely. You know. One of the ways you know Ywan is really trying not to escalate visa VI the Americans is the Straits of Homos are still open. As I told you, twenty five percent of all the global oil supply flows through the straits. You get all from Saudi Araba, kata Quait, Iraq, Iran all

goes through the straits. The straits are very narrow. They could mine the straits. They have mines, CEA mines. They have practiced this, they've trained for this. Israel is not taken out the Iranian navy. You know, I'm not sure why exactly. Maybe they don't want to encourage them to

go to go close the Straits of Homos. But Israel's not yet you know, completely eliminated the Ranian navy, and of course it's not eliminated the ability to export oil yet and doesn't look like they're going to, probably at the request of Trump. I think it's a cowardly actor. I think it should have been one of the first things they did. But anyway, but they haven't closed the Straits of Homodes. And it could be the Saudis asked

Israel not to attack the all facilities. It could be you know, Arab countries and the Abrama Cod countries have all asked Israel not to do that because it'll hurt their economies if Iran closes the straits. So the fact that they haven't closed the strait means they're trying not to. They're trying to kind of deal with the US. They think they'll get better terms from Trump than they will for Natanio. And one of the reassuring things today supposedly

was when Trump tweeted unconditional surrender. I think a lot of Israelis took that as yeah, no deal, complete surrender, or the US is coming into the war. That hasn't happened yet, but that was the hope at least. All right, let's see what else. A threat against the assassination of Supreme Leader to Jamini are either a bluff to force Iuan to agree to a deal equivalent to surrender, or a genuine threat with the aim of regime change. That's pretty good. I mean, it's either bluff or it's not

a bluff. I mean, it could be seven other possibilities, but it's one of those two, it turns out. According to Mario, Wow, that's insightful. Uh, the US could get involved in a limited strike solely on Uon's NYUKA facilities. Evan's response to this attack will dictate whether the US escalates an involvement. So they could attack, uh, the the the NUKA facilities, and then do the Uranians attack US facilities in the Middle East. They supposedly have all the

missiles lined up to do that. They're saving those They're saving some missiles for you. Know, for the for the Americans, they're not using them on Israel. And then you know, so there's uh, there's that. And then if they attack the US, then the idea is the US would get more involved in the war. And then and finally, if Israel seeks any Radian regime change, this will be devastating for Iran and potentially the region. What that is such

a stupid take. If their objectives simply to end an anti Iran's nuclear program and not a regime change, then the mission will be accomplished very soon, possibly this week. Historically, regime changes almost never go as planned. This is the the real crazies, right, the real crazy stuff. Stability is a value. Everything you know, you can't destabilize. Let's say, let's say it doesn't go to plant, they kill how many they kill the mulahs, and a civil war bakes

out in Iran? Why is that a bad thing? I mean from the perspective of national security, from the perspective of American interest and Israeli interested? Why is that a bad thing? Why is instability in Yuan a bad thing? The likelihood that the next regime, whoever wins this supposed civil war, I don't see how a civil war breaks out. But let's let's play it out. Right, there's chaos. Everybody's

afraid of chaos. They hate chaos. Chaos is terrible. They prefer order under an authoritarian, evil thug than chaos, right, even though that chaos is likely to lead to a better outcome, because chaos won't sustain herself in Iran, Iran will coal less around something. Now will that something be

worse for America in Israel than the current regime? I can guarantee the answer is no. Is there a decent likelihood I don't know how much probability to put it on it, but a decent likelihood that the that the new regime, whatever it is is, actually is actually democratic, relatively free, friendly to the United States, or at least attempting to be friendly. I think they like this is pretty good for that. So let's shake it up and see see see what happens. I mean, it's going to

be better. So why not go for regime change and accept the fact that it might be messy? But is all this far away from Yuan? It really is, The United States is really far with what is the what is the threat that instability in Yuan? Poses to Israel in the United States, I say, go for regime change, Go all out for regime change. And I mean short of putting troops on the ground. No troops on the ground, regime change from the air, No troops on the ground.

What's the downside? So this is the kind of appeasing, compromising, cowardly attitude that too many Americans and experts, particularly military experts, incompetent military experts have. Oh you know, if they try regime change, I'll be instability and things won't go the way they want. Yeah, maybe they'll go better. And you know what. The beauty of going for regime change, The beauty of going for regime change is that it places

the responsibility for what happens to Iran with Iranians. Let them fight it out, let them figure out what they want, let them determine their future. Isn't that something we should all want? This is not an environment you want in which ISIS will arise. Yeah she hees. They just had an Isis running the country. They don't want another Isis running the country. Now, could the regen be ooh maybe maybe maybe the new egene. I mean this, I mean,

this is probably what scares the Trumpet administration. Maybe the new egene will be woke, maybe they'll have d I programs. Oh my god, oh my god, will miss the days of the Mulahs. I mean, what is what is the possibilities here? What could happen? I think that was a pretty good joke. I think somebody, somebody, there's lone the center is laughing aloud. I think that was a pretty good joke with a Wolkes anyway. So yeah, all this analysis and everything, even if they get the facts right,

their prescription is completely wrong. Take comedy out, Take the Supreme Leadership Council whatever they call themselves out, Take the Mullahs out, Take the regime Apparatusis that make it possible to oppress the Iranian people? Out and let the Iranians figure out how they want to deal with the rest. Don't put anybody in the ground. I mean, here's a

few things that might happen. There are rumors today, I have no idea if these are true or not, that certain military officers in the Iranian Army have been contacting the son of the chah Viwan to tell him that they are willing to beat at his side to help him take control of you on and they want to make they would like him to come and and and they will work with him. Now. I don't know if that's true or not, but that's the kind of things that could happen that you could start seeing happens as

a shift. Now, a lot of people won't be happy with the show of you on coming back that want somebody else. And they'll be discussions, maybe they'll even be riots, maybe they'll even be violence, but it'll be inside Iran

in order to determine Iran's fate. Why are we afraid of that? Why won't we nudge it along? Why don't we view that as a positive? Lindsey Graham likes the idea. Right here we go. I would like to see the regime fall if we don't take out the nuclear program now we'll all regret it. We're very close, be all in, mister President, and helping is well finish the job. And this is this is you know, this is Charlie Cook's response. Charlie, Well, love Charlie right, Charlie Cook, this is what he says.

This is insane. Insane. Regime change will result in a bloody civil war, killing hundreds of thousands and creating another massive Muslim refuge crisis. Topping a leader is never as easy as you think. It almost always results in further involvement,

a civil war and chaos. Resist us. Charlie Cook, an expert on Middle East politics, an expert on revolutions, an expert on civil wars in the Middle East, and an expert on Iranian culture and Iranian history, has now declared that regime change will result in bloody civil war, killing hundreds of thousands of people. I think this is the same, Charlie Cook. I might be wrong. Who's affiliated with that part of Mega that was just a couple of days ago saying World War three? World This is going to

cost World War three? Of course. I mean, isn't it obvious all these countries are gonna come and aid you on? Well, Pakistan has closed the border off with Ivan, Russia has basically explicitly said we're not going to help you on. China is just silent, not talking. We know Saudi Braba's not going to help them. Woo door three breaks. Oh, the Brazilians are sending a platoon, the Brazilians and the South Africans, I eat sending a platoon. That's the level

of expertise that these people have. They're so ignorant. Charlie, you should go back to listening to my talks and mimicking my talking points like you used to do on capitalism. You don't know what you're talking about. I mean, complete ignorance. Bloody civil war killing hundreds of thousands? Did even get this? Who's the expert feeding him this stuff? Who are the factions in the civil war that are going to kill

hundreds of thousands? Now I'm not saying there won't be a s of a war, but the panic in hysteria and sudainty that they are, they know, they know. I don't know what will happen if you talk of how many and you get rid of the Mulas. Maybe there'll be a Savol. Maybe they won't. Maybe the Coods in the north will take Kurdish territory and declare Kurdish independent state, maybe take take advantage of the chaos. Maybe some other minority groups in other part of Iran will try to

establish their own little states. Who kids, Maybe one day, when whoever you know gets control of Tehran decides to reunify Iran, there'll be a little There'll be some skirmishes around there as they take back their territory. Who kids, Maybe the different factions within Tehran there would like to take control and they'll fight in the streets. Who kids, hundreds of thousands. Well, what they don't I don't want is a massive refugee crisis. Why don't they want a

massive refugee crisis. Charlie Coke cares about the refugees? Really, he doesn't care about the refugees. What does any want? He doesn't want them emigrate into Europe. That's what they're really afraid of. You create chaos and then people emigrate to Europe, and then a bunch of new Muslims in Europe anyway. Interesting, So yeah, that is maga. Take that is panic, hysteria. They just want to make it. Do nothing,

Just be afraid. Don't touch the world. If you touch it over here, something really awful will happen and we'll all die World War three. Remind you, guys, we have a two hundred and fifty dollars goal for the first hour. Short a lot of five dollars questions, one ten dollars questions, lots of five dollar questions. How about some twenty or fifty one hundred dollars questions just to get us get

us closer to that goal. So please consider asking questions and song and support through stickers with with the You know, if you're on YouTube, if you're on Twitter, you can come over to YouTube and support the show over here. Ask for stickers. Thank you for adem Thank you anonymous user, Thank you Jonathan Honing, thank you Dan, thank you mammae a Leen. Those are the stickers so far. Thank you guys. Send them over. Got about two hundred and fifty people

watching live. A buck, two bucks, three bucks. Just do a sticker. There's a dollar sign at the bottom of your screen there. You can do it, all right. The President Trump is scheduled tomorrow to have a closed press, no press lunch, so secret press, a secret lunch meeting tomorrow in the cabinet room with Field Marshal Assim Munir. This is maybe why he's waited, because he wants the advice of Assim Munir, who is the Chief of the

Army Staff of the Islamic Republic a Pakistan. Pakistan, by the way, is the only Muslim country in the world that has nukes. They definitely have nukes, mostly targeted at India. But who knows, maybe this is World War three. Anyway, Trump and Field Marshal Munir from Pakistan, will, I guess, decide the fate of you on tomorrow in the closed luncheon. Interesting, all right, let's see what is going on here. I don't know what that is, all right. I have not

seen the supposed additional post that Trump did earlier. Y Yeah, all right, yeah, I mean the people, uh, you know, Mario has interviews are so anti Israel and they're so yeah, I mean it's so bad and and just incompetent, incompetent. Yeah. More fake videos, lots of fake videos.

he was clear on two things. The Iraq War was a disaster and the Iran should never have a nuclear weapon. For the past ten years, he has remained firm on both positions. And here's the kicker. I don't know if President Trump will choose to involve America against Iran, but he is a man I trust to be making that decision. So don't worry, whatever the considerations or anything, World War three,

whatever the considerations is Donald Trump. I mean, he's infallible and he will make the right decision, and things are going to be amazing. Things are going to be fantastic, all right, all right, yeah, uh, let us see, let us see, let us see. Uh yeah. I mean all prices surprisingly stable. I mean the high, but the stable above seventy it's stable, you know, as long as the oil continues to flow out of the straight or somos

or prices are not budging. And I think the markets are basically signaling that they believe that the Saudiast Americans have basically placed constraints on the Israelis, that Israel will not do anything to jeopardize the straits, and therefore that the flow of oil globally is safe. There was a moment earlier today to a tanker full of oil collided with a a tanka. An empty tanker, a tanker full

of oil is a blaze. So there's a big fire in the Persian Gulf and everybody was afraid that that was somebody had lit it, maybe the Uranians had attacked it or something like that. But now it turned out just to be an accident, an accident probably caused by all the activities going on around there, so it's probably not irrelevant what is going on to this. But the tank was not hit by military operations. All right, let's see. So yeah, so far, financial markets, primarily oil markets are

taking the whole thing pretty well. Coude is, you know, is seventy five dollars, which is still reasonable you'd expect it. If they really thought the state of hormones were in real danger and could be shot, Coude would be over one hundred. So it's about it's about up about twenty percent from from what is it the low sixties or

the yeah, low sixties. It's about twenty percent since the war started, But that's not a huge amount given given what's at stake here and given what's possible, and given how much of the world's oil again flows just through that area, and how much of Yeah, so it was sixty three, it's not seventy five, you know, quite reasonable,

all right, stable coin regulations, stable coin regulations. So the Senate today passed a stable coin bill which will regulate the stable coin industry, and it's considered this is considered a big win for crypto industry. Now, I'm not sure what you know about if you don't stable coins work with. Basically, what a stable coin is is a it's a digital it's a it's a digital currency, or it can be used as a councy. It's a digital representation of money.

And the reason it's called stable coin is for every coin that is issued digitally, there is a dollar to back it up, so it's stabilized by a reserve of dollars. Think about the gold standard. How the gold standard used to work. Right, There were dollars and then there was gold, and then there were dollars issued that were deemable into that gold, and you had to keep a reserve of gold to give credibility to the dollars that you were issuing. Now,

this faction of resolve. But let's assume no fraction of reserve. There's just gold dollars. Every dollar is exchangeable into gold. A stable coin is the same thing, just instead of gold using dollars. And then you've got these coins too, you know that always exchangeable two dollars. You can go to the exchange, the exchange. The biggest exchange right now

for for stable coins is tether. The problem with tether is Tether is not based in the United States, so it's not clear that these regulations will the tether will qualify under these regulations, and it might be there might be limited use in the United States for tether for tether stable coins. I mean, maybe this is one of the reasons the Senate passed this bill because it was lobbied for by Circle, which is the largest largest US based stable coin issuer. Circle recently went public and they

want regulations makes it. They want rules of game, which I think they can abide by. Often incumbents in a field like regulations because they helped to keep out competition and they also take away down certainty. You know, is the SEC gonna come after us? They're not going to come after us. What's you know what counts what doesn't count. So today we got rules for what a what these stable coil companies can do. You know, what kind of reserves do they have to have? Do they They don't

literally have to hold dollars. If they literally had to hold dollars, then you know they they would they could not make money, right, it would be one to one. So instead of dollars, they're going to be allowed to hold treasury securities so they can make interest on the treasury securities. Right now, that interest is pretty good. You know, they can make three four percent on these treasury securities. The stresses security is incredibly liquid, so anytime you go

and redeem your stable coin, you will get dollars because they'll sell one of those treasury securities. The problem, of course with this is as long as interest rates are decent, like they are right now, I mean relatively high, that's fine. But what happens when interstates if interestates ever go back to zero, then all these stable coin companies go out of business because they can't make any money because they

buy treasuries and treasuries and not yielding anything. Then then what they start doing, and this is what happens, and this is what this bill is trying to control. Then what happens is they start taking on risk. Instead of just buying treasuries short term treasures, they buy long term treasures which they can sell. But long term treasures can lose value if interestates go up, and then they can lose money. So these regulations are trying to make this,

you know, safe. Government regulations almost never do this effectively without creating distortions and provisions and conflicts of interest and mobil hazard and a bunch of other things. Now, why would you want this because you didn't buy anything with with with dollars? Well, imagine if you're Amazon or Walmart. Now note that both Amazon and Walmart actually exploring issuing

their own stable coins. Now what's interesting is this regulation has special burdens on Amazon and Walmart and non financial companies and not crypto companies to do this. So it's going to be more difficult for them. They're going to be more heavily regulated. Why because companies like Circle don't

want to compete with Amazon and Walmont. But imagine you're Amazon and every time somebody uses a credit card to buy something, you have to pay I don't know two percent to visa and mastercout two and a half per cent to make an express something, right, but you could take stable coins, not pay anything and just convert the stable coin. It's a dollar immediately exchange at the Circle exchange,

or if it's Amazon's exchange, it's your own exchange. You can issue stable coins to Americans, like if I have a prime account with Amazon, they tell me, you know, we'll you know, we'll take your money, we'll buy treasuries with it, and we'll issue you stable coins, and that'll make it much easier for you to buy stuff on Amazon. And because we're not having to pay Visa and MasterCard

whatever two percent we're going to give you. We're not going to pay you interest on the money you deposited for the stable coin, but we are going to give you a discount of two percent, two percent, five percent something on everything you buy using the stable coin. And it'll just make transactions easier and simpler, you know. You know, for years people have talked about digital wallets. Well, stable coins can facilitate digital wallets. You know, they can facilitate

small denominations. So there is actual use case here. This is one of those crypto uses that might catch on again. More likely to catch on if interstates are reasonably high. Now, Amazon and Walmart can do this even if interestates are zero, because they can offer you a discount because they didn't charge, they didn't get paid, they didn't get charged by Visa and master Card. They could also give you a higher discount because they're also getting interest on the money you

gave them that they put in treasuries. They maybe get three percent there, they get two percent from Amazon. From Visa now they just say five percent and give you a five percent discount. That's a significant discount and everything you buy, so lots of different ways to do this. Visa and MasterCard of course realize this is competition, So Visa MasterCard are going to try to get into the sector.

They're going to be the competitors to Circle, and I think ultimately they will probably dominate this, but we'll see. Sometimes it's a new up and comer that figures out how to do this better. The other thing that is big in terms of in terms of stable coins is moving money again across countries instead of buying bitcoin. Let's say you're in Egypt and you want to get money out of Egypt, and the capital controls see you buy bitcoin, you move the bitcoin to the US, and you sell it.

But in transferring the money and going through all of that, you could gain or lose I don't know, because bitcoin is so volatile. Stable coins you don't lose. So you could move the money as a stable coin and you know you're going to have exactly the same number of dollars on the other side of the transaction as you did at the beginning of the transaction. So again, very very useful for moving money around, for moving money around. All right, So this is it is cool. It's a

cool industry. I'm always I haven't read the regulation, but I'm always suspicious of these kinds of regulations and kind of the incentives that they provide. Republicans overwhelming he voted for this. They got a number of Democrats to vote as well, so they passed sixty eight I think to thirty two, so a lot of Democrats on board. The left wing of the Democratic Party was against it. Elizabeth One was against it. That gives me a little bit of more confidence in it, Elizabeth One. You know what

did she say? I had it here a second ago. The quote disappeared on me. The Genus Act as the basic safeguards necessary to ensure that stable coins don't blow up our entire financial system. That's Elizabeth Wanan's World War III. But she's very anti crypto, very anti anything to do with crypto, So how to take her seriously? Kristin Gilbert, who is a Democrat for New York who's considered more of a moderate, got behind it after some tweaks are made to make it harder for non financial companies to

issue stable coins. These are the tweaks that all make it harder for Amazon or Walmart. So she wanted to, I don't know, protect whom, protect Visa and master Card from competition for Walmart and Amazon. So this kind of wheeling and dealing going on. My guess is there's still enough there that Amazon and Walmart could still issue their own coins. Of course, there's one of the elephants in the room, if you will. There was a company called

World Liberty Financial. You might have heard of it. It launched in September, and it is going to issue its own stable coin. Or oh, it's already issued its own stable coin earlier this year. Guess who owns World Liberty Financial. You won't be able to guess who owns World Liberty Financial. Yeah, I mean, nobody's getting un chat yet, but it's Trump or the Trump Organization. Not Donald Trump, but the Trump organization.

They owned World Liberty Financial. Now, the bill mandates the regulator supervis issuers of large stable coins in some of the same ways they regular banks. Stable Coin issues would need to comply with the anti money laundering rules and sanctions to helping sure that they aren't used by criminals. It also requires them to hold one dollar reserve cash or treasury bills for every dollar stable coin. Yep, I mean that makes sense. And then it also prohibits executive

branch officials and lawmakers from issuing stable coins. And then the question is what about World Liberty Financial. And of course the Trump organization is saying, Dad's not evolved. It's just the kids. It's the kids, it's their adventure. Dad is not evolved. The money goes to him, but he is not going to use it while he's president. He'll use it afterwards, so he's not involved. It doesn't count. Yeah,

So there you go. So it is. I'm all for making I think stable coins at the end of the day, you know, some of the more likely uses of crypto it's not real crypto in the sense of you know what mean people mean by bitcoin and stuff, but it is a probably under the right circumstances, and increase potentially increase efficiency in our payment system, which is not very efficient in the United States, although not bad if you

think about Venmo and pepeal. All Right, finally, remember last week Trump put out this tweet saying, you know, he's talked to a number of people in industry and uh and and and it's really not good for ICE to go after people in the agriculture, hotel and restaurant industries. You know, they're they're good workers. They've been there a long time. And and it was actually like this movement to have ICE stop doing that. As ICE supposedly for a few days stop doing that. They stopped going to

agricultural businesses, they stopped going to hotels. Uh, they stopped going to restaurants because you know, Trump, Trump thought it was a bad idea, and uh and and so on. Anyway, so so that happened last week. Trump had the tweet, and then he told ICE to stop it, and and supposed they did. Uh. Well, the problem is they can't reach the numbers they got numbers. They can't reach the numbers.

So officials in the Immigration and Customer Enforcement, including its Homeland Security Investigation divisions, told agency leaders in a call Monday that agents must continue conducting immigration rates at agricultural businesses, hotels, and restaurants. According to two people familiar with the call, The new instructions were shared in an eleven AM call

to representatives and thirty field officers across the country. This is Miller, evil Miller, you know, basically exerting his influence and getting them to reverse the policy and getting them to go after those evil, hardworking immigrants working in the fields and everywhere else. So this just shows you the power of Mega ICE and HSA. Field office supervisors began learning about a likely reversal of the exemption policy on Sunday after hearing from DHS leadership that the White House

did not support it. According to one person with knowledge of the reversal, again, this is Miller. An official from DHS had sent an email Thursday telling the agents to hold on all work site enforcement investigation operations on agricultural including aquaculture and meatpacking plans, restaurants, and operating hotels. That message went out hours after Trump suggested he was sympathetic to concerns raised by farmers and hospitality execs about his

deportation plans. Uh, this is from again, this is a this is all from the Washington Post quote. There will be no safe spaces for industries who harbor violent criminals or purposely try to under mine ICE efforts, the assistant security for the DHS said Monday, work site enforcement remains a cornerstone of our efforts the safeguard public safety, national security, and economic stability. Yeah, it's very economically stable to throw

millions of workers from the country, all the ones. Just throw them up, and the businesses are going to be very, very very stable. White does the w Chief of Staff Steven Miller there he Is said last month that the administration wants ICE to make a minimum of three thousand arrests a day. Three thousand lives are being destroyed on a daily basis. In an interview last week, Trump Borders our Tom holman Is told the Post that arrest that increased around two thousand a day not high enough. They're

not making that three thousand a day anyway. Trump had been pulled in two directions on the issue recently, coming under pressure from executives in agriculture and hospitality industries to loosen up on sweeping deportation policy and was costing them

in migrant workers. You know so, he wrote. Remember he wrote that Tweet Miller, an architect of much of Trump's aggressive immigration policy, had privately opposed covering out exemptions for certain industries did rely heavily in workers without legal status, according to two people with knowledge of the advocacy in

recent days against the measure. Brooke Rawlins, the Agricultural Secretary, meanwhile, was on the opposite side of the issue, stressing to Trump the concerns that those in the farming industry had raised about losing workers. Note, the workers themselves have no voice. Yet nobody cares about the workers. Nobody cares about these human beings. They're just pieces of meat. Yeah. Some immigration experts say ICE would need to ramp up worksite enforcement

to meet administration's ambitious arrest quotas. Past raids and meatpacking plans, for instance, have led to hundreds of arrests once other labor intensive industries, including farms, factories, and clothing manufacturers. The June twelfth Memo acknowledged that avoiding these large scale employees would hinder ice officers' efforts, saying we acknowledged it by taking this off the table, that we are eliminating significant number of potential targets. Millowins liberty freedom in this country

and business owners and workers people work lose, lose. Here's here's a post by the way, Uh there was posted by a mega guy you know. During when when Trump uh you know, said to know to enforcing this in industry, He says, the United States is the only country on earth we corporate profits are prioritized over national interests. Corporations that employ illegal aliens to work in their farms and hotels should be fined heavily. I'm surprised he is not

calling for the execution. Why not we should call for the execution of employers. I mean, they're doing something illegal, very illegal, very illegal, World War III illegal type. They should they should really suffer the consequences. I think. Anyway, that is the news for this June seventeenth, as we wait for Donald Trump to make up his mind. Will he won't he join his well in its attack on Iran? All right, let me remind everybody that this is a

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a couple of twenties. We need a lot more twenties. We're way behind today, not sure what's going on, and so I remind you of that. Also reminder that alex Epstein is the response of the show. Alex Epstein dot substack dot com is the you know, the most knowledgeable substack you will find, most knowledgeable anything you will find

on for example, the grid energy electricity right now? What's relevant subsidies to UH, subsidies to UH solar and wind and you know, unreliable energies so someth like that, and and what the current big beautiful bill is, and what Republicans are offering in the Senate versus the House, if you all of that, if you're interested, and what's happening. Alex is your source of information and source of talking points. You will become a so much better communicator if you

use uh. If you subscribe to Alex's substack. That Man Institute is hosting a July fourth event where there will be a special talk about how to complete the American Revolution. What we need to complete the American Revolution is a moral revolution. A talk about how how to engage in a maral revolution, how to defeat altruism. This is the most important thing we could be doing, is going after altruism, going after the sacrificial morality of altruism. And you can

sign up for this talk. I think it's free. I'm pretty sure it's free. So you can do that by going to iran dot oag inn ran dot oak slash start here. The talk is by Ben Bear and uh, you know it's gonna be it's gonna be a fun talk. It's gonna be exciting. There'll be a live audience at OCNN. You can watch on the internet. You can sign up for that inran dot oak slash start here, inran dot og slash start here. All right, it's free. Michael Frost

says it's free. You just have to sign up. That way you'll get the link and you'll get the information, and it is indeed free. All right, find a reminder, step up, ask a question, or just support the show with the stick up, Michael, Will this be Israel's last war? Ramas is gone, Risbela gone, and with you on cooked more Ara countries will sign the Abamac Cords. We'll see the beginning of a sustained peace and prosperity in the Middle East. Well, I mean, you know that that is

one very optimistic view of what could happen. You know, Ramas might be gone, but Palestinians on the West Bank and in Gaza I have not accepted the existence of the state of Israel. They're not friendly towards Israel. Now the Allies are slowly disappearing, so they're going to struggle. I think it is a it's going to be unique opportunity over the next few months years to to kind of deal with the Palestinians one way or the other, to pacify them and to have a deal with them.

I think that, Yes, I think, as I said, Iran is like the fall of the Berlin Wall. Remember though the fall of the Berlin Wall, ultimately we got Russia with Putin. So I agree with you in the short and medium term, short and medium term for the next twenty years, I think Israel has bought itself peace. I think we're gonna have peace in the Middle East basically for twenty years now. Now, a lot of work is going to have to be done to eradicate whatever Islamist

elements still around. Isis and Arkada quite strong in North Africa in the subsh In just the Suhal the Sahala, which is just you know, the southern part of the Sahava Desert. Uh, they're very strong there. Uh, they're still We've got Pakistan with with nukes and and a and a Islamist leaning. Uh. You still got Taliban in Afghanistan.

But yeah, the real threats to Israel, the direct certainly the direct threats to Israel will be gone and Israel can enjoy a pretty lengthy period of I think peace of peace and and the West now has to you don't get some balls and finish the job and and and destroy these Islamist organizations wherever they are so uh So that'll pacify Europe, It'll pacify the Muslims in Europe. You know, you know you know, eliminate their incentives towards Islamism. I mean the defeat of Iwan is a big step

in that direction. The West will have to pick it up beyond that, and so uh yeah, I mean this, this, this is this, this is monumental. As I've said, this is the biggest geopolitical events since the follow the Berlin Wall. But to follow the Bolin Wall was not in spite of a certain book that was written. It was not the end of history. Conflict did continue. We sold Russia, we saw the rights of China, we saw the rise

of Islamism. And there's still some problems. I mean, what if what if the lead of Saudi Arabia is taken out? What is Turkey's ambitions? What does Turki do now that Iran is out and Turkey becomes maybe the strongest military in the Muslim in in in the in the Muslim part of the Middle East. What has Turki learned from this?

Uh So, A lot of challenges, bet a lot of upside, a huge amount of upside, and I think yes, short to medium term peace for Israel and the potential for real prosperity, which will of course depend on the kind of economic policy staying braced. You got a little bit. Can you recommend a book summarizing ideas of key philosophers? Well, I mean i'd recommend Lennapeacock's book on the History of

Philosophy or his lecture series on the History of Philosophy. Uh, there's a number of other books that have been recommended over the years. I mean none, none of them is perfect. Let's see what do I have here? I need to find that section. Yeah, you know, here's one if you can find it. It's a History of Philosophy by William Wilderland Wilden Bund, wild and Bund. You know, will do Rant has a history of philosophy that is very accessible.

So I think that Will Durrance that one. They're probably others, and maybe when we have a philosopher on we it's a good question to ask one of our philosophers who might have kind of more recent and recommendations for books that have come out more recently. These a lot of these books are very old, and this one, the one I showed you, is probably very hard to find. Will do Ont is good, but again, it was written a long time ago, and they might be better scholarship today.

We just you know, the best thing is to ask somebody like Jason Ryans or Griggs Elmiry what they would recommend. But Leonid Peacocks is very accessible and it's done definitely from an objectivest perspective, so you have to take that into account. These are done with the attempt of you know, I don't think the authors have a sophical a strong

philosophical perspective of their own. Really. Yeah, Graham, here's a twenty although it's Canadian, just so a posts saying Trump is going to have a chat with a Pakistani field Marshal I mentioned then on the show today. I'm not sure what to think about that, but maybe he's going to tell them, don't worry them, don't worry Pakistan. You know, I don't know why he's having this chat. The guy

must be in Washington, d C. For other stuff. I don't think he came, especially because of the one you're on and it's I think he's gonna suddenly tell Pakistan to stay out of it. I think they've got a lot of issues to do with the war between Pakistan and India and to sustain that seas fire. I think

that's part of the reason for the chat. And uh, maybe he'll get his opinion about whether the United States should enter the war with Iran because he's looking for different opinions from different people, and how the Muslim world will feel about the United States entering the war on the side of Israel. I don't know, all right, let me thank Oe for the sticker, Martin for the sticker. And I just saw Anthony Anthony from Australia, thank you

for the sticker. Really really appreciate your support. Guys. We're slowly chipping away at the first hour goal. We haven't even started on the second hour goal. But anyway, justin this he posted yesterday, justin Wolf, he says, I started reading your essay just War Theory, as you recommended. I recommended it. He was he tweeted about civilian casualties in war, and I said, if you really want to get my

views on that, go read this essay. I mean, really, Twitter is not the place to analyze a difficult philosophical question like what to do about civilians in war? So he says, I started reading your essay just what Theory, as you recommended. If any of the listeners have not read it yet, search it now and read it. I second that recommendation. It is a really, really good essay. I think it's an important essay as we are at war. It's a crucial essay, so please go ahead and read it.

You know, I haven't done an update about the Ukraine War in a while. I'll have to do that. I mean, Russia's pounding civilian population centers in Ukraine. I just without any attempts to target military or anything like that, just pounding the cities. It's just terrific. Michael, By the way, I do want to say this and say this analysis. If Trump decides to go in on the side of Israel and attack you on I definitely think, definitely think he needs to go to Congress and ask for authorization.

I think that that would be such a positive step too of putting us on a footing of constitutional government. Trump shouldn't just unilaterally decide to go bomba country. As much as I think it would be great if he did. You know, I'm mixed about whether I think it's great on it, But because I want Israel to get all the credit, I think Trump is going to steal all the credit from Israel. But the way to do it, the proper way to do it in America is to

go to Congress for approval. Go to Senate tomorrow morning, ask them to rush a approval for military operations in Iran. Let's see who votes voting against it. I think some Democrats will vote for it, some Republicans vote against it, but we'll get a majority got the House. Get a majority in the House and then do it. Let's have constitutional government. That would be cool. Richard, Richard, haven't seen you in a long time. Hey, Richard, it's good to

see you. Thanks for being here. And I have no idea what's going on with your career where you are? Are you still with the same firm? What happened anyway? Richard asked, Is there a valid reason for the US should not unilaterally attack Iran with nuclear weapons? Yeah? I mean nuclear weapons are a big tool in the tool kit, which I don't think is necessary here. The regime is on the verge of collapse. The nuclear program can be

destroyed with monk combusting bombs. Nuclear means radiation that could take years and years and years to clear a lot of people dying. I guess unnecessary in a country that I think at least is ready to depose these molars and to actually establish a country that is friendly to

the United States. This is not the case where which it was I think maybe twenty twenty five years ago, where this is a uniformly hostile country and they have to be brought to their knees like the Guzmans have to be brought to their knees in order to recognize their failure. I think they know they failure. They know they failed. They're ready to change path. They just need the nudge for us to get rid of this regime. And that can be done easily and effectively because of

what Israel's done without the use of nuclear weapons. That would be my view, you know, less than five bunkalbusting bombs and this is over. They should, though, kill the political leaders of Yuan. They should go after the political leadership. The fact that they haven't is a massive failure and a sign of weakness. Thank you, Richard, and it's good to see you here. Michael, Chinese cargo planes anti Uoq

after turning off tracking devices, arms transfers. Maybe you know how to tell exactly what's going on there, maybe getting sensitive Chinese equipment out of Iwan. I don't know, but if it was really significant arms. I'm sure is what was monitoring everything that came off that plane, and if it was significant, they would have destroyed it. I don't think Iran wants to get into the middle of this, so I don't believe it was weapons. I don't think it was weapons systems. I don't know what it was.

It might very well be stuff that China wants to get out of there, or it might be a way to evacuate people. But it is. It's a mystery, and we haven't heard from anybody. Haven't heard anybody, but it is. But I really, really really doubt it's arms, weapons, and we haven't seen any Andrew Tucker Cousin infuriated the Ted Cruz wants the regime to collapse into Huan, despite not knowing the exact population of Iran, not its ethnic makeup. Tucker so scared of what might happen. I'm all for

taking the chance. Yeah, I mean it's not a big chance. Population of you know, Iran is ninety million. It's a big country, ninety million, much bigger than Iraq. It is ethnically, it's religiously united, mostly Muslims, although the fastest growing religions in Iran are Zoa, I can't pronounce it. Zoroastrianism something like that, which is the ancient religion of the Persians

and Christianity. A lot of Muslims leaving Islam and converting to those religions, but overwhelmingly Muslims, but a lot of different ethnic groups, for example, in the north of Tehran. But a third of Iranian population maybe a fourth. Put it this way, somewhere between twenty to thirty three percent of the population is a Zeri. A Zeri I don't know what that means, but it's a different ethnic group than the rest of the main group in Iran. And

they there is an Azeri country, it's called Azerbaijan. A Jean is Assuri, and there's been, you know, some fear among Uranians that you know, there's series would rather be ruled by Azerbaijan Isabajean is an authoritarian state, but it's a secular authoritarian state with a lot of personal freedoms

allowed in the state. Even though it is it is it is authoritarian, So you know, people people might be worried that the Asiris might want their own the one one might want the state that's affiliate with Azerbajeon instead of Iran. There are other ethnic groups. There's the Codes obviously in the north west, there are others in the south, there's some Arabs, you know, these all groups that are Persian. Those Arabs who who who might want to be more

linked to Saudi Arabia. But the reality is that Persia is an ancient civilization. It's an ancient country. While borders have shifted through the many many you know, thousands of years, hundreds and hundreds and thousands of years, uh Iran has always there's always been an Iran, and you know, it'll figure it out. They'll figure it out. And if that means civil war, that might mean us of a war, that means some you know, some minority groups creating their

own little states. So be it, so be it. I'm not sure why that is something American needs to worry about, or why that's something Taker Colson really worries about. He doesn't sleep at night because there might be a civil in Iran. Oh my god. But the reality is over fifty percent of the population hate this regime wan Agne, and once the regime is even weaker, that number will rise. By the time the regime falls, ninety percent of the population will want it fall, they'll all claim they were

always in opposition and something else arise. Whatever rises will be better that I can guarantee it will be better. Richard coming back with a enough fifty dollars, Thank you Richard, single handed, They're going to get us our goal tonight. Why do you think people in client facing companies are so hesitant to tell client bad news to the point of concealing facts on the clients like inability to make optimistic deadlines. It seems profoundly irrational to do this, but

seems common. Yeah, I mean, I think the idea of honesty, the idea of honesty and being honest with clients, not honesty to the point of telling clients irrelevant stuff, with stuff they don't need to know, but just dealing with them honestly in terms of providing them with irrelevant information. It's just it's just rare. People are afraid of being honest, they're afraid of disappointing people, and they turn to pragmatism.

And pragmatism says, do whatever you can get away within the short run, and this is kind of whatever works, cut corners if it works. And yeah, so there's there's not so much explicit lying, but there's smoothing of the edges, there's avoiding confrontation, there's uh, and there's avoiding the blatant truth. I think there's harms. Generally harms businesses. They're less successful, less profitable because of it. I think it hurts people's careers to do that. You know, ambitious people who are

going to be incredibly successful, brutally honest. I mean, Steve Jobs did not play games with people. If you did screwed up, you were told you good up. If you didn't, you know, if you did well, you were rewarded for doing well. So uh yeah, So they do it because honesty is a dogma. Nobody's taught them that honesty is in their self interest. Nobody's explained to them that self interest, their unhappiness depends on being rational, and being rational depends

on being honest. Nobody's taught them the virtue of justice and why it's in their self interest. People have told them you got to be honest. Why, Because you've got to be honest. I mean, there's a commandment someway I shall not lie. You still have to do it, so you know, you it's it's it's something that holds companies back and something that the better companies struggle with. Okay,

but what information? What does honesty mean? How much information I need to give the clients and finding that, you know, what does honesty require of you in terms of disclosure is tricky, It's not obvious. But I think some things are straightforward and easy, Like you can't meet a deadline. You can't meet a deadline. That's it. Let them know you're not You're not going to escape the consequence of that. One might as well get it over with. Yeah, it's

fragmentism and the lack of moral teaching. Moral teaching as this is in your self interest, this is what you gain from it. Michael, is he run on the verge of collapse or readjusting the strategy to fire more rockets closer to the verge of collapse than fiving more rockets. They don't have more rockets, they don't have more launchers. There's nothing for them to there's no news strategy they can do. They are struggling to figure out how to survive.

The collapse may take weeks, but they are struggling to figure out how to survive, and it could take days. Liam is China the same type of paper tiger. Euon turned out to be probably not probably well. I mean, I always thought Ewan was a paper tiger. Always for decades, I've been saying, you won is a paper tiger. See Juan's paper tiger at ness was zero surprise to me. China is not a paper tagert to this extent. China has legit tech companies, it has legit capabilities, it has

a legit defense industry. You know, I think it's better than Russia. It's just I don't think it's as good as America. I don't think it's as good as Isue, but I think it's better than Iwan and Russia. There's only one people talk about the access of you. There's only one potential superpower out there to compete with the US,

and that is China. Russia is nothing, And I think in some respect Putin's war is an act of desperation to kind of try to prove to himself and prove to the people around him that Russia still has it. And it doesn't. It just doesn't have it. Think about what Israel is done to Iran, which was supposed to have this mighty force, and what Russia has done to Ukraine, where Ukraine has never had a mighty force, was not supposed to have anything. Russia is four times larger than Ukraine.

Israel is one tenth of the size of Iran in terms of people and one hundredth the size of Iran in terms of size. It's just unbelievable when you compare those two differences. Russia is a zero and nothing, a nonentity when it comes as military force as compared to the West, and Israel is you know, superpower. It's not because it doesn't have the numbers. You know, Israel has six hundred and fifty airplanes. I think the United States

has fourteen thousand airplanes. Fourteen thousand, you can't match that. Hubert Campbell, is Trump's behavior that the downstream effect of the mall character of the country. Well, I think the fact that he is the president is the downstream effect of the mall character of the country. His behavior, the fact that he can get away with his behavior, is

the downstream effect of the culture. But he is the effect of his own choices, the fact of his upbringing and his choices and the kind of human being he is. He has no excuse. Nobody caused him to be like. This is the m e K, a large organization in Iran. They give great speeches in English, but in FOSSi they talk about how the Mullahs don't go far enough. Soce Iranian American friends who listen to leader live in DC.

There is an organization. I think it's Ak, which is Islamist, which is radical Islamist, and is anti the Mullahs because they're not Islamist enough. They don't follow Sharia. The Somk is more like the Taliban, which you know, forced us them to cover their face. Women can't talk in public, they don't go to school. In Iran women do go to school. So there is a radical but they're not popular. They're not they're not big in Iran. They also combine

kind of a Marxist economics, so they're leftist Islamists. But I don't think they're real force. I don't think they're real force anyone. I don't think they are expected to be one of the main players over there, although you know they might be organized, they might be a player, but they I don't think there's a chance they achieve power. I mean, any people don't want to replace one set of mula's with another not you have as algorithm. If all humans suddenly lost the ability to lie, what industry

would collapse first? I mean, if you lost ability to lie, you'd lose your free will, and all industry would collapse. I mean, I mean, you can't just lose your ability to lie out of context. I don't know what industry relies on. I mean politicians, politics and related fields, parts of the law, parts of government, contractors, but mainly politics. I don't think any business business relies online, even used

cost salesmen. I don't really rely on lying at the end of the day, not Javi, y'all go with them. Could the Iron Dome potentially stop a nuclear warhead? Well, not the Iron Dome, but the the arrow the arrow system could, Yes, the uh. These are air defense systems that hit the the ballistic missile before it enters the atmosphere. UH and and you probably get You're probably going to get more powerful lasers in the future. They can also hit real hypersonic missiles. These are missiles that go at

five mas plus and maneuverable. But lasers could probably deal with that as well. But the Iron Dome is secifically targeted at to intercept something at very low altitudes, and if it would not be appropriate for a nuclear bomb, because if you intercepted it there and it blew up at low altitudes, it would cause more damage, not less. Uh. Yeah, what is your genuine opinion of the abram Accords. You know,

I'm positive, but I'm not. I'm not super enthusiastic because I think these regimes have to be watched and you have to be careful with them, and they're all authoritarian. But I think for Israel to do it it was a positive step. It just wasn't this. The world has changed. Everything's going to be peaceful and nice and friendly. Anybody's kumbaya, love each other from now on. I think as long as these countries are ruled by Islam, even though it's not islam Mism, it's still Islam and rulers who are

still committed to Islam, it's a problem. And now maybe they're moving away from that. But I don't see any of them becoming liberal democracies or liberal countries in a classical liberal sense. So I'm suspicious, but I wouldn't turn away from them. I would just say, you know, be careful, be careful, sup. Kaski Christy Gnome has been hospitalized. Her dog spirit has come back for revenge. Yeah, I think she had an allergic reaction to something, Clark, Iran was

a lot of bluster without ability. However, they would have gotten their ability with nukes, so it was crucial to deal with them now. Absolutely, you don't need a lot of ability once you have nukes, and nukes provide you with the ability to threaten, and then people don't even know if you have the ability or not. Yeah, let's see, Clark, there must be a lot of behind the scenes reasoning why as well decided to do this at this particular

moment that we won't find out for months. Yeah, and we might never find out, it might never find out in any kind of reasonable time. Fame and uh but uh yeah, I mean it's a combination of intelligence that really did suggest to them that Iran was getting close to bomb and potential fears that Trump was going to stab them in the back by signing some kind of deal with the Iranians. Would be my guess, but I'm only guessing because I have no incie information. Richard back again,

I think this makes it. Yeah, this makes it two hundred dollars. Thank you. Richard Wow. Was there an alliance between leftists and Islamis in the Middle East during the Cold War? Is there a link with the Muslim Brotherhood? Such alliances existed in a few countries. Ranian Revolution was the funity of left and Islam. Are they still common? Well?

I wouldn't say the Aran Revolution was a fusion of lefton Islam in the sense that I told Homani Khanned the leftists to support his revolution, and then once he established power, he killed them all and destroyed them and eviscerated them right they were gone. So it was a con game, I told Hamani used to distribute these cassette tapes. That's how he became popular in UoN. People used to listen to his summons, and he was to sprinkle in his summons lots of kind of Marxist phrases and leftist

propaganda items. Talked about colonialism and talked about exploitation and alienation and all the keywords for the leftists, and they got very, very excited and they support to the revolution. They hated the show, but I don't know that I'd call it an alliance because at the end of the day they were gone with the God. The Muslim Brotherhood. No, I mean there was never an alliance really other than

in attempting to eliminate existing status quo regimes. The Muslim Brotherhood were not supported by the left in Egypt as far as I can tell. You know, they they they they grew out of an Islamist tradition that rejects everything secular, and they they So I don't know of an alliance between them and the left. You know, in in in Syria it is it is the kind of the fascist to control. In Rock it was the fascist the both

party that to control. But I don't think I think there's a lot, I mean, anything in common between the leftists and Islamists for the most part, with excepting MK and Iran, is the hatred of the status quo, the hatred of the existing authoritarian regimes in the midd least, the hatred of the Saudi regime, of the regime everywhere, and usually what happens is they unite overthrow the regimes. I think this happened in Tunisia during the Arab Spring.

Generally the Arab Spring was a unity of the Islamists and the leftists, but I wouldn't call it an alliance. They just they just came together to overthrow the existing order. But then what happened is that it turns out that the most that the Islamist are more popular than the leftists. The Islamist took over and they marginalize the leftist groups that demonstrated with them. So it's not that they ally themselves in governance. They ally themselves in opposition to the regimes.

I hope that's helpful, James. Is the Mega phenomena unwinding in its first six months in the White House? No, I mean I don't think so. Trump is still there. He's still Maga JD. Vans. There's still a lot of Mega people out there talking, talking, talking and putting influence. You can see how Trump, you know, took away the exemption for the ice going after people who are working in certain industries because Maga spoke up. I mean, in the end of the day, Maga does influence control what

Trump does. He is very much attuned to their demands, their wishes, their whims, and he folds and he folded on the immigration stuff. Amen, thank you, Amen. Amen just came in with one hundred dollars. Really really appreciate it and amend says, Imagine waking up on Christmas Morning and discovering Santa Is. That's how many Uranians feel today. My generation grew up in Iran wondering if the Mullahs would ever face justice. We thank Israeli's for giving us today.

Well it's not quite today yet, but I think you're today, Your Christmas Morning is coming. It's getting very very close. And I think people are starting to starting to sense that it's getting very very close and starting to celebrate that.

But but absolutely, amen, it is. It is amazing to see, you know, what potentially could happen in Iran once the mullah is gone, once the councils, all the religious councilors are gone, and and Iran has the opportunity to live up to its you know, the people of Yuan have the opportunity to live up to their potential, live live up to their you know, potential as individuals, and live up to their potential as a as a as a nation.

I mean again, this is a country with an ancient, ancient civilization, a civilization was at the forefront of science and medicine when Europe was in the dark ages. And you know, Islam taking this idea of taking Islam seriously,

degrade civilizations, destroy civilizations. And what it needs is to continue the secularization trend that started in the fifties and went through the Shaw and needs to be resurrected today, just this time without a Shaw, without a king, but establishing a true kind of liberal society, a republic, a democracy, anything. It'd be better than what they have today and what they had they with the Shaw. So yeah, I mean

this is truly, I mean, this is exciting. As I said, it's like the liberation that I think that the Commune felt when the Berlin Wall fell and and the Soviet Union broke apart. Uh. This is the equivalent for I think the Iranians. But I actually think this is far has consequences far beyond Iran because I think this impacts the time Muslim world. I think this this takes away the aura of Islamism, It takes away the invisibility of the Mullahs, takes away the idea that Allah is with them.

And and this this opens a new dawn I think potentially for for the most for many other Muslim countries, Uh, that that can hopefully embrace kind of a moderate, a moderated slam Arman is saying, we hope I'm daydreaming about moving back and rebuilding the country. Yeah, I mean that would that would be super exciting. Somebody was asking me yesterday about whether it would be an exciting investment opportunity

right now in Iran. And I think, give it, give give give everything, Give it some time to stabilize, you know, give it, give it time for you know, for for for a new order to emerge. But once you get some stability there, once a new order does emerge, I think it's an enormous opportunity to invest in iuon Eon is a highly educated can be an incredibly productive place.

Uh And and I you know, I think that I think they once they once they give up on this theocratic regime, there's a lot of money to be made. There's a lot of industry to be built, There's a lot of business to be done. Uh in Iuan, so you know, I mean, you know, all the best of you. I really really hope that the day dreaming comes true.

The Christmas morning comes, the actual Christmas morning where you see the mullas you know, not there put it that way, uh and uh, and that you get a chance to go back and to and to build something there, and build something there. I mean I think that that it could be something really powerful. Thanks Amen, Richard says awesome as always, Thank you you on I declare a righteous jihad on the two hour goal. Everyone watching should donate or you know, just just just support. Just yeah, Alex,

thank you, Richard, really really appreciated. I haven't seen you in a long time. Thank you for jumping in here with three hundred dollars and that is fantastic. Uh, it's good to have you back or I guess you've been listening all along, but thanks for being back and supporting. Alex says Richard. It's not a donation. It's a trade value for value. It's yes, it's it's it's a trade

at the end of the day. Uh. And it but it's very much appreciated because it's very much a voluntary it's one sided until you guys reciprocate and and and that recuplication is unbelievably appreciated. Thank you, thank you, Thank you. James. Why was it always being American policies to cut deals saving terrorism so it has a chance to fight another day? I mean, it's a nature of pragmatism. America is a land of pragmatism. How American philosophers were pragmatic pragmatists, Dewey,

James and others. This idea of principles don't matter. You just do what works, and what works in a short run. And who knows what happened in the wrong one. You've seen that with so many commentators. We don't know what will happened in Iran if it fails. So the safer path is stability, right, and and people have been grown up on that. And pragmatism is the dominant philosophy in the US. Cut deals, kick the can down the road.

Look at our SOI security, look at how government dephesis, look at Medicaid, look at government spending, look at all of that. That's all the same thing, cutting deals rather than actually facing the problem and fixing it. And did your Peterson Academy prep go? Well? Today it did. I'm still like a week behind, but it did. Tomorrow night fly. So I'll work on the plane all the way there, and every morning I'll just wake up very early in the morning and work on the classes that I have

to do that morning. But I like my outline now today I finally got my outline right. And if I can get the outline right, I usually everything else falls into place. So I think I've got the outline right. I mean, there's still a lot of details to flesh out the outline and fill it in, but I think I've got the basic the basic flow of the course, and now I just have to work on hour by hour, lecture by lecture. The content and so the challenges is sound.

The content is a stoic and with history, I don't remember dates and I don't remember names of people, and so I have to after the history a lot of it after write down in bullet points so I can keep track of it. So a lot of that work still has to be done. And I'm using a couple of books as my main sources, and so I have to go back and forth with the books and type stuff. So there's a lot of work still to do, but

I'm feeling okay. Thanks and for asking Hopa Campbell. If the Muslims Socialists become a If the Muslim Socialists socialist becomes the mayor of New York City, would you recommend people leave? You know, I don't know, I mean, you'd have to ask a New Yoka who lived through Deblasio's period. This might be worse. How bad did it really get versus the benefits of living in New York? You know, I don't know. I don't know. Mike, just getting here.

I'll watch tomorrow. Thanks Mike, appreciate the supports events. Ask me how I'm motivating the class. I'm not even the class. Basically by saying, everything we have here is a product of business, of corporations, of this legal creation called the corporation, and yet everybody hates them. And I've got a lot of good quotes and a lot of you know, left right, even libertarians hate corporations and creatures of the state, and all kinds of myths like that. What's going on here?

What's up? And how do we get so rich? How do we get so rich? How did these creations get us so rich?

aspect of it. I mean, FM radio came out a couple of decades after it should have because the government wouldn't allow it, and it still controls the bandwidth. I mean it's still bandwidth. Is imagine a bandwidth was all privately owned and could be sold and traded. We might have had mobile phones much easier earlier. We might have had all kinds of goodies much much earlier than we actually did. But anyway, I'm going to get into all of that as part of the course. So it's a

history of business in many respects. And I'm motivating by emphasizing the importance of business to the current quality and standard living and yet at the same time the hostility that exists the woods business and corporations. And we're going to get into the weeds about the legal status of corporations and what they represent, and the the problems that might exist and in the corporations, and how the market solve it, and how governments intervene and prevent the solutions

from actually coming through. And there's a ton of ton of different issues that I think are really interesting but yeah, you have to love this stuff, and I'm going to try to help you love it by showing you how it affects the life you live Adridin. Do you think Israel will get all the weapons needed to finish this job? Can Trump stop Israel as the entire military operation in order to make a deal. I think Trump could probably get Israel to stop. I don't think he will, but

he could. Can Israel get the whole job done by itself? I think the answer is yes. Will it get all the weapons it needs? I don't think it needs any weapons to get I think it just needs the time and the space to do it. The weapon that would make this quick is the big mother of all bamb the bunker Basta. Isra's not gonna get that. It doesn't have a delivery mechanism for that, and it's gonna have fined other ways to get rid of four Door, you know.

I think probably by putting troops in there and blowing it up from within. But that's difficult, dangerous, super dangerous, super difficult, super SEVERER risky. They will only do that once they're convinced Trump is not going to do it. Trump will not bomb the place, so that's they're gonna delay, delay, delay, until until they convinced Trump's just not gonna come, and

then they will take care of it without Trump. Friend, harp up, I'm listening through Peacock's podcast show, and I got far enough to hear your first episode, episode two hundred and forty ish. Uh, here's ten dollars in celebration. I would do more, but O'Connor soon. Thanks Ed Harper. I appreciate that, and there's still a lot more episodes that I did for the Land and Peacock Show. Jason says a pendul Let had a great quote about Trump

worth repeating for fifteen dollars. Quote, trying to explain art to Donald Trump is like trying to explain art to Donald Trump. I get it, I get it. That's a penduled joke that fits him. Neil, do you think there will ever be a time where all countries will be in peace and militaries will no longer be needed? Well, I don't know if militaries will no longer be needed, but yeah, I do think one day the world will

live in peace. That is the day where objectives and wins, where people, where people unplanet Earth are focused on their own individual happiness. It's the day where the morality of egoism wins. It's the day where selfishness wins. Selfish people don't want to go to war. War is a way of ending your life. It's not good for you. So I think yes, But objectivism, or at least objectives morality, has to win first. All right, everybody, no show tomorrow.

I'm traveling, traveling all day, so no show tomorrow. After that, it really depends on how the course is going. If I have plenty of time and you know, I have no prep to do, which is unlikely, very unlikely. I'll try to do shows on Thursday and Friday, no show on Saturday. But the most likely scenario is, I'm warning you, the most likely scenario is unless there's kind of breaking news and I just have to no show Wednesday, no show Thursday, no show Friday, no show Saturday. I'll try

to be back on Sunday. Now there's all going on, so there's a there's a chance that I won't be won't be able to resist coming on and letting you know what I think, particularly if there's something exciting this is happening, So we will see. Maybe I'll do short shows, just quick updates or something. But that will depend on really what's going on and how dramatic dramatic it is. Huh. I suppose he has all the striking targets at the

Imam Hussein University campus. Maybe there's some labs there that they want to take out, and the headquarters of the Islamic Revolutionary God Corps in District four of Eastern Tehran, which is a district they asked be evacuated. All right, thank you guys, uh, thank you all the super chatties. You are great, in particular thank you to Richard and Amen, but thank you to everybody, and that I will see you all Sunday, but probably earlier than that. We'll see bye everybody.