Breaking Points with Krystal and Saagar - 9/2/26: Iran Hits U.S. Bases, Global Bond Market Chaos, Ed Market Crushes Moulton
Episode Date: September 2, 2026Ryan and Emily discuss Iran hitting U.S. bases as Trump ramps up threats, global bond market chaos, resistance Dem humiliated by Ed Markey. Karishma Manzur: https://www.karishmaforsenate.com/&n...bsp; To become a Breaking Points Premium Member and watch/listen to the show AD FREE, uncut and 1 hour early visit: www.breakingpoints.com Merch Store: https://shop.breakingpoints.com/ See omnystudio.com/listener for privacy information.
Transcript
Discussion (0)
This is an I-Heart podcast.
Guaranteed human.
Get Bell Pure Fiber Internet with Crave, Netflix, and Disney Plus from $94 a month.
Price guaranteed for two years on Internet with a two-year term and auto pay credit.
Visit bell.ca for details and to check availability.
Bell, connection is everything.
Didn't catch the latest Roland Martin unfiltered podcast?
Here's what you missed.
People wake up and go, oh, damn, wait a hold up.
They change all of that.
Yes.
It's real.
a wholesale attack. It is targeting black people in every federal agency. It's raw.
White folks have never allowed that reckoning to last more than a decade.
Catch Roland Martin's daily commentary on the Black Information Network.
And download Roland Martin unfiltered on the IHeart radio app, Apple Podcasts, wherever you get your podcasts.
College football will hijack your weekend, ruin your sleep, and break your heart.
And that's why we make the Solid Verbal College Football Show. I'm Ty Hildenbrand. He's Dan Rubinstein.
Every week we preview the games that matter and the storylines that are going to ignite your group chat.
And you can join us in the aftermath as we react to what happened, why it matters, and how the sport went completely bonkers yet again.
Listen to the Solid Verbal College Football Show on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts.
Hey guys, Saga and Crystal here.
Independent media just played a truly massive role in this election, and we are so excited about what that means for the future.
of this show. This is the only place where you can find honest perspectives from the left and the
right that simply does not exist anywhere else. So if that is something that's important to you,
please go to breakingpoints.com, become a member today, and you'll get access to our full shows,
unedited, ad-free, and all put together for you every morning in your inbox. We need your help
to build the future of independent news media, and we hope to see you at breakingpoints.com.
All right, good morning and welcome to breaking points. This morning, we have a slightly above-average
show that we'll kind of drag in the middle, but pick up towards the end? Right, Emily?
You're putting me in a tough spot because I always thought we were going to just power through
the whole thing at that 110%. Well, we do still have at breakingpoints.com, a one-month
free trial offer. And we have a couple of deals that we're going to offer you here. One,
it's a free month. What's wrong with the free month? What do you have to lose?
What do you have to lose? Except forgetting, and then you have to start paying.
What you get is the show all the way through, no ads, get an ad.
like an hour early.
And, you know, you can even share it around.
Don't tell anybody that you're doing that.
So you can share it.
And if at least 100 people buy it today or not buy it, it's free, just sign up for it,
then we promise we'll do a little bit less rambling in these intros.
Can we promise that?
I don't know that we can promise that.
Is FCC watching this?
You've got to stopwatch out.
Consumer protection.
Well, the CFPB is basically gone, so we should be.
fine on that front. And if you don't do it, uh, cal sheet every single day is like, we'll be doing
a calcium. Deeming us, emailing us, texting us, like they don't take no for an answer. Don't make us do
Kalshi. We have a sort of internal running, I don't know that it's a competition, but over how many
people Ryan can get to sign up on a daily basis. Don't let me lose this competition. Don't let,
that's what this is really about at the end of the day, because Ryan is the best pitchman we have. And so Ryan,
is trying to outdo his own record, hence this pitch.
And I hope that one of these pitches landed.
I think it did.
Just the whole blizzard of pitches.
They always do.
You get the job done.
It actually is good.
I don't feel bad about trying to snow you guys.
Yeah, bringing points.com, we also have a premium version of the newsletter,
so you'll be trying that out for a month as well if you go ahead and sign up for a premium subscription.
Nothing to lose to your chains.
Nothing to lose for your chains.
I just have gone
and sign up for a month trial.
Ryan, I'm going to say we're doing
110% from the beginning of the show
to the end of the show
because huge, huge news
starting with Iran.
And we'll be talking about
the Japanese bond situation.
We'll be talking about
the midterm elections.
Massachusetts results yesterday.
Hilarious margin of victory for Ed Markey.
Yeah, very funny.
Should we keep it?
Well, this is a teaser.
We'll tell you the margin of victory
is hilarious, but we won't tell you
exactly what it is.
Man, Tough Stuff for Seth Moulton.
Thomas Massey called out Epstein names.
He's got a new bill.
He's got a new bill.
He called Epstein names on the House floor yesterday.
We have video of that.
It's Marr Ben Gavir.
Outdoing, it's more Ben Gavir, truly a video that must be seen to be believed that he posted.
And Elon Musk speaking at the G20 yesterday about other catastrophic ramifications of AI we can expect coming down the pike in just a year or so.
Yes.
So let's start with our.
Iran yesterday, and we can put up A4 to begin with here, yesterday around noon, the U.S.
started striking positions on the south of Iran, which would be the north side of the Strait
of Hormuz.
That was in retaliation, they said, for a, well, actually they said it was kind of an effort to preempt
Iran, which they said was going to launch missiles into the Strait of Hormuz that would drop
more mines to try to block shipping from going in and out.
If you can put up A4B, this is roughly the site of a number of these strikes.
One of these strikes, the one furthest to the southeast there, hit a wedding party,
and we can get into that more.
because Iran then responded with a rather furious attack on U.S. bases in Jordan, and in particular, Urbiel,
if we can put up A-0 here, as well as elsewhere around the region, you saw the U.S. expending
kind of huge numbers of ballistic missile interceptors, and particularly in Erbil.
You can put up A1 here as well.
In Erbil, not get, this is Jordan, but in Erbil, the base up there is on fire.
So this is Jordan.
You see a strike there.
The fear among families of American service members is that Iran claims to have struck a marine base,
which does not have a lot of kind of expensive material.
or other infrastructure.
And so because it's only people, therefore, doesn't have much in the way of ballistic missile defense.
And so Iran was claiming that it had produced some type of mass casualty event.
There were some reports of medevacs.
We don't know yet if there were actually casualties.
If you've noticed in the way that Iran has been carrying out its responses,
they've been targeting primarily, you know, U.S. kind of satellites,
it's helicopters, planes inside warehouses, the NSA Bahrain, you know, where the fifth fleet is,
the base there.
A lot of those bases have been evacuated.
Iran was targeting the military infrastructure.
A couple times they have said that they have deliberately targeted personnel, and this was one of them.
And they say that they did it in response to the U.S. bombing this wedding party.
The other time that they said we targeted personnel, and that time they did kill several American service members, was in response, if you remember, when the U.S. bombs in Iranian dormitory that was housing a bunch of like 18-year-old recruits and killed a lot of them in their sleep.
So Iran said, okay, we are now, because they don't believe that there's a strategic purpose in killing three services.
members. But as a deterrent for the U.S. attacking, either Iranian civilians or like, you know,
sleeping 18-year-olds in a dormitory, they do it. So, you know, Pete Hagseth got rid of
most the entire kind of civilian protection unit very early on. There's been a lot of good
reporting on this. And has said, like he, it is not a concern of his, right? This is,
bad things happen in war.
You know, too bad.
You know, suck it up.
But he is not the one that has to then bear the consequences of that.
So when he bombs a wedding party, it's these Marines in Jordan who had nothing to do with it,
who now all of a sudden are just getting hit in retaliation for it.
And so this is basically the first exchange since, you know, in the past month.
since reports indicated how severe our shortage was.
Right. Right. And so think about what happened.
We are trying to keep shipping in the southern part of Strait of Hormuz flowing.
Iran was, let's say they were going to send some mines in there.
So we then bomb a bunch of locations along the Strait of Hormuz.
They then launch a bunch of ballistic missiles at a lot of military position, U.S. military positions,
around the region. We expend a whole bunch of ballistic missile interceptors. And now here we are.
It's Wednesday. Iran still has the capacity to target ships in the Strait of Hormuz. Hopefully,
you know, the casualties were not significant. But we're right back to where we were,
except significantly fewer ballistic missile interceptors on the part of the U.S.
despite our dwindling stocks. And no quote-unquote progress towards the end of what this was supposed to be.
trying to do. Right. Well, yeah. And even saying what this war is supposed to be is ridiculous because
they never had a clear indication of what this war was supposed to be. Speaking of which, Donald Trump,
yesterday afternoon, threatened to wipe out Iran once again. Let's take a listen to A2 here.
Just before they completed this construction, that's when these strikes took place. The president
says the USS George Washington, that new aircraft carrier that arrived in theater last week,
is loaded to the gills with ammunition. And he indicated that they have enough to continue this
fight against Iran, again, if the Iranians do decide to respond. As for any sort of possible
agreement with the Iranians, but again, the latest information that we have, John, U.S. strikes
are ongoing against Iran, hitting the southwestern part of the country, and the president
once again in a call with Fox News warning the Iranian regime if they respond to these strikes
against the southwestern part of Iran, that they will be hit much harder. And again, he goes on
to say if this goes for a third time, they will be wiped out as a country. He described the Iranians
as crazy and stupid. And again, the region is waiting to see if there will be an Iranian response
already in Iranian state media. They are threatening retaliation against U.S. forces in the region.
We also have a true social post from Trump last night. He said, I'm not trying to force Iran to
the bargaining table. As ABC fake news reported, I couldn't care less if they sign a worthless to them
agreement. I like our position now much better with almost total control of the
Burmuz straight and their economy totally collapsing.
They're just playing out the inevitable.
When are the Iranian people going to rise up and fight?
So returning to the call for Iranians to overthrow their own government,
which has maintained power since Trump, obviously,
and the Israelis took out the Ayatollah all the way back on the end of February.
Still, here we are in, what, September now.
And the calls for the Iranians to overthrow their government,
which has not happened in all of these months.
If anything, the indication that we've gotten, Ryan,
is that the Iranian solidarity with each other,
for their country against the United States, has grown,
and that we're not on the cusp of another revolution.
Right, but remember we were talking about this
maybe a month ago or so,
and we're like, the only thing that might explain
what Trump is doing here is that he knows he can't win,
He refuses to lose.
And he's going to do what he's done his entire life, which is just live another day and just see what happens.
And I think the Israelis and some other folks are whispering in his ear that things are getting terrible in Iran.
And any minute now, maybe the people will overthrow the government there.
And so in his mind, better to take a 1% chance at success down the road than a 100%.
than 100% success of a humiliating capitulation right now.
Or just don't even put yourself in a situation where you have a capitulation by starting the war.
But he did it.
Yeah, but he can't go back and undo that.
And so then the only price to pay there is by American service members who are in the region
and by the American people who are now Brent crude pushing above $94 as we speak.
so up, you know, substantially since he started this new round of conflict, diesel in the $6 plus range, and then everybody in the global economy, which we're going to talk about in a minute. So those people will suffer, but he's fine. And Republicans will suffer. But, you know, he's got control of the Postal Service. And the Supreme Court told him it's fine to go ahead and grab like a third of the votes we're coming through. We're supposed to go through the mail.
and the Supreme Court's going to let him do that.
So maybe he thinks, all right, I'll pull a couple rabbits out of this hat.
One, I will just shut down mail-in voting by my control over the Postal Service,
which he has because Democrats were too stupid and cowardly
to get rid of the Trump people who ran the Postal Service during the Biden years.
And the Supreme Court was like, yeah, sure, go for that.
And you think maybe they'll overthrow the government.
Who knows? And if they don't, who cares?
Well, in that true social, he also said that,
these deals he's been with Iran are worthless to them,
or these, whether it's the MOU or other negotiations,
they're, quote, worthless to them, to the Iranians.
And that, I know it's just a passing line in his truth social post,
that does feel really bleak because it seems that he feels he doesn't have to
really come to any conclusion in this conflict and that he can continue,
you think what's become obvious to everybody is that he is continuing to just try and play it out,
trying to make Americans feel a little bit better about their economic situation,
and not cleverly or with any political smoothness whatsoever,
telling people if they don't like data centers, it's their fault that they're poor,
those sorts of things. It's not as though he's doing this in a really clever way,
but it seems that he's just trying to coast without drawing anything to a conclusion,
which on the one hand, I suppose it means we're not in for major escalation in the near future.
On the other hand, that threat remains the longer that you're actually in a hot conflict.
And Congress, which is controlled in both chambers by Republicans, passed a war powers resolution requiring the war to come to an end.
Constitutionally speaking, that should be the end of it.
Greg Meeks, who was the top Democrat on the House Foreign Affairs Committee, said, I don't even know if he was misspeaking or what,
was going to sue Speaker Johnson
to enforce it.
Because there is a real question of, okay,
you've passed your war powers resolution,
now how do you enforce it?
But from a constitutional perspective,
this war has been ordered
halted by
Congress, which has
war-making authority.
It's right there in the Constitution.
Declaring war, up to them. War Powers Act
gives this power to Congress.
And yet he's just,
just pressing ahead. Mike Johnson was pressed recently on, I guess it was yesterday, on, hey, man,
you were pretty sure that this thing was almost over. What happened? Here's A5.
On Iran, you said repeatedly that this war was going to be over soon. You said that this would be a
temporary blip on short-term, on gas prices. It is similar than six months. People are getting hurt
still at the pump. Should the American people not also judge you on your projections here that
We're clearly off base.
Manu, that is one of the stupidest questions you've ever read.
Why is that stupid?
I have nothing to do with the prosecution of the war across the globe.
I am responsible.
You are responsible.
You are selling this to the American public, are you not?
So should the House Speaker be held responsible for the duration of a military conflict around the globe?
You answer that question.
I mean, you called this a short-term scrimmage.
It is costing billions of dollars.
That is such an impressive assertion of powerlessness.
I thought that was a Democrat for a second.
That was pretty.
amazing. He also, I mean, so he's always been, this probably hasn't gotten enough coverage,
his prickliness about having to defend the war. You've seen it over and over again, like basically
since it began, because what are you supposed to say to a question like that? Actually,
like, you are the Speaker of the House. So, clapping back at Manu, like, what do I have to do with
any of this? This is so ridiculous, but a statement on the expectation that we don't hold Congress
responsible at this point for prosecuting wars around. Like, that is actually his job. He just said
that he described his job when saying it's not me right it was actually a description of
exactly him right congress does not have kind of war making powers in an advisory capacity it's
right there he could he doesn't need to be sued by gregg meeks he could he could file
something with the supreme court he has standing he's the house speaker he passed a war powers
resolution and the Supreme Court can then order that this war come to an end and then you have a
constitutional crisis if Trump insists that it continue and then the Secretary of Defense obviously would
continue to tell you know who good Lord whoever he puts in position to replace Driscoll
did you see Brian Mast was being floated are you like speaking of civilian casualty this
this guy glories when particularly when children have been
been killed in Gaza. He's like celebrated it. Future terrorists is what he calls them.
So this guy's being floated for Army Secretary. So at that point, so yeah, then you get a
constitutional crisis because the Supreme Court is saying this war has to end. Congress has ended it.
It's very clear. This requires no interpretation or Harvard law degree.
Yeah. It's done. So you must order it. You must end it. And then then you get the question of whether
or not the president abides by that Supreme Court order, but unquestionably, Mike Johnson could do
something. It just has no interest in doing it. We should also pause for a moment and just not take
for granted what the answer would be politically if Republicans were in a good situation, again,
politically and substantively, you would say, well, why would we stop this war? Why would I ever
want to stop this war? This war is important. We are preventing nuclear catastrophe. We are
protecting the homeland? He doesn't say any of that. He's like, it's not my job. He didn't say
anything in defense of the war when getting pressed by Manu Raju there. He tried to deflect. And that tells
you, that's the Republican Speaker of the House of Representatives, who right now obviously has his
candidates around the country struggling in their midterm elections. So that tells you how behind
closed doors, a lot of Republicans are absolutely furious about the way that this war has gone.
It's not that they don't support taking on Iran.
It's that they either wish it had been faster and more furious from the beginning,
and they thought it should have been escalated and should have had boots on the ground and Karg Island
and gone and got that nuclear dust or whatever.
Or they're just deeply frustrated with the way the president is at this point just talking
and seeming like he's listless and what he actually wants to do.
There doesn't seem to be any plan.
The way the war was executed.
I mean, everyone watching knows what I'm talking about.
But I don't want to take for granted that this is the Speaker of the House who's deflecting and not defending the war like that.
Right, yeah.
Why bother me with this trivial stuff?
I mean, put up A8, just to give people a sense of how this is unfolding in Iran with the Iranian people.
So this is Iranian state TV.
These are victims of this attack on the wedding.
They're saying that, you know, now that at this point, five people killed.
including a four-year-old child, 63 injured.
Of the 63, 50 were women and children.
This footage that you're looking at here is Minab Hospital,
which is the hospital that would have treated
the girls who survived the attack on the school there.
This is the same area that has now faced
two of the most high-profile attacks on civilians in this war.
the I think it's very maybe it shouldn't be a it's difficult for us to kind of comprehend how how how powerful
the U.S. starting the war by attacking this girl's school and killing 150 plus girls
has been in the kind of Iranian psyche if you just imagine that that's how if that happened here
like we would remember it for yeah a century
Yeah.
And so now to have this new attack hit this, you know, hit this wedding party in the same town, effectively, you know, is I'm sure further in kind of inflaming Iranian resistance and the Iranian public's willingness to say, okay, yeah, like, prices are up.
Like, it's certainly true that inflation is high in Iran right now.
But this is, this is from their perspective, this is what they're up against.
Now, there was some communication device that was struck about 150 yards from this.
So that appears to be the target.
And then the second strike was this.
Should we do Schumer or we should just move on to?
I think we should definitely do Schumer because.
This was interesting, right?
This was interesting.
So here he is, this was on Morning Joe yesterday, struggling to experience.
We just saw Mike Johnson struggling from the Republican perspective to deal with the war.
This should not be that difficult for Chuck Schumer, but let's take a listen.
No, no, hold a second.
You got to answer my question first.
Is it a good thing that Iran, and I think you'd agree with me,
at a center of terrorism in the world since 1979, is it good that their military infrastructure
is being degraded to the degree that it is, yes or no?
You can't because it's a premature question.
What is going to happen in the next several months?
No, no, I can ask that question.
You can't separate.
No, no, no.
I can't.
So you have a military side, but I can show you my chart, but I think it third away.
You have the military side.
You have the political side.
I'm simply asking on the military side, is it good, regardless of whether we agree with going in or not, is it good that Iran's military infrastructure has been seriously degraded?
And again, I have to tell you, Joe, first, you can't, what's going to happen three months from now?
Is it worth it?
What's going to happen?
Will the world economy collapse?
Will something happen even worse?
Will the whole energy infrastructure of the world go up in smoke?
So you have to, when they do it without planning,
when they do it without understanding where they're going.
Senator, Senator.
Where they're going.
But it's a trick question.
It's a trick question.
No, it is.
If you do not strategize the consequences of the action, the military action,
if you obliterate and do all,
these things, but you don't actually play out in your minds and have strategy for the consequences.
Let me. Let me answer the question for everybody in America. The answer, yes. It's good that the
terrorist regime, their military has been, and capabilities have been degraded radically.
Why didn't he just do what Mika did from the beginning? How uncomfortable is it also to be in the
middle of their like marital dispute live on air? I think he sort of tried to do that. I think he was
probably a little bit surprised because if you had, if you, if I just read a transcript and you told me
that this was a middle school public access conversation, I'd be like, okay, these kids are trying.
It's cute. And, and, and then you had a couple of adults on there as well, trying to explain to them,
well, no, there's a thing called, a thing called consequences that are inseparable from the decision.
He's like, no, no, no, no, no.
We're not talking about consequences.
We'll get to that.
I was like, yes, if you take a lot of pills, you do actually feel really good.
Isn't it true?
You feel really good when you take those pills?
It's a smart question.
So you should therefore take the pills, right?
And be like, well, okay, but what if you then get into behind the wheel and crash it and kill a lot of people?
Then you probably shouldn't have taken the bill.
I'm not asking about that.
I'm saying, did you feel good when you were on the pills?
That's it.
That's all we need to answer to.
Did you feel good when you were on the pills?
that's all I'm asking.
So I don't know how you talk to a child like that.
Because you could see looking at his face.
You're like, oh, he's a child.
So at that point, it was probably smart.
Just let his wife handle this one.
Allow her to step in.
Yeah, take that.
Well, I would have loved to have seen the chart, frankly.
Whatever chart he had, I would have loved to have seen it.
Written in Crown, 100%.
Oh, man.
All right, well, let's now talk about more dire circumstances and turn to bonds.
Get Bell Pure Fiber Internet with Crave Netflix and Disney Plus from $94 a month.
Price guaranteed for two years on internet with a two-year term and auto pay credit.
Visit bell.ca for details and to check availability.
Bell, connection is everything.
On the new podcast Solita, we share the messy reality of traveling alone as a woman.
I can wait four hours for the next bus or this random dude.
is offering me a ride on his motorcycle.
I chose option B.
I'm Julie Pinheiro, and I travel by myself
because it's a rare space where I can say yes
without asking anyone else first.
I'm on a mission to reclaim the word solita,
trading the pity for possibility.
Every time I tried to be alone,
I kept meeting people, and they were like,
you smiled at us.
Not a lot of people smile around here.
It's when you're alone that you're most receptive
to the world as it is,
and not the lies you're sold about it.
It can be a time where you push your limits,
change your mind,
or wake up to a new version of yourself.
So whether you're a solo travel veteran
or you're too nervous to book your first trip,
I hope you listen to Solita on the IHeart Radio app,
Apple Podcasts, or wherever you get your podcasts.
When I was 14 years old,
I was kidnapped and held captive for nine months.
I survived, and I've spent my life exploring
how other people survive what should have destroyed them.
I'm Elizabeth Smart, and these are the survivor files.
I just remember this low, taunting voice next to my ear saying, shut up, don't say anything.
Every week, I'm with survivors who live through the unthinkable.
I knew if he woke up, without a doubt, he was going to hurt me.
I started feeling that there was someone at the end of my bed, and I just,
started screaming.
They are abducted, stalked, controlled, and nearly silenced.
But these aren't stories about what's taken from them.
There's stories about what it takes to make it out alive.
Listen to the Survivor Files with Elizabeth Smart on the IHeart Radio app, Apple Podcasts,
or wherever you get your podcasts.
One of the funny things about these financial charts when it comes to oil prices and
interest rates is when they go up, the charts.
get rendered in green. So you're like, oh, this is great. This is a little boost. This is going
great for us. A lot of green with the Japanese bonds, the 10 in the 30 year, and also oil prices.
But, spoiler, probably not so good for you. Let's start with B1. This is a kind of great
global debt unraveling that we're witnessing. So that green you're seeing over there,
basically a record jump on the Japan 30-year note, climbing over 4%, just massively increasing
borrowing costs.
And what it also does is when the Japanese 30-year, now you can get, you know, it's fluctuating
a little bit, right there, you see about 4.2%.
What that means is if you're an investor and you have French or German or American bonds
that are getting less than that, you sell those and you go buy the Japanese ones.
So now what happens over then, over in the U.S. and France and Germany, those bond prices go down.
This is one of the things they'll teach you in the finance 101.
When bond prices go down, interest rates go up because you need to then entice people, basically,
with a little higher interest rate to get them in.
we put up B2, the 10-year bond.
I like when they compact these charts a little bit.
Yeah, it makes it look rather dramatic.
Basically, a green wall of the interest rates,
just shooting straight up, always, always comforting.
And we put up B3, as I was saying,
these things rebound around the world.
So this is Reuters reporting.
So Japan's 10-year yield hit 3% of the first time since 1996.
as the route hits bond prices driving up yields and major economies around the world.
Yields hit their highest in 15 years in Germany and their highest since 2008 in the U.K.
In the U.S., the 10-year yield rose 3.8 basis points to 4.8, almost 8 percent,
putting it in range of its highest levels since 2023.
COVID come down.
We can put up drop sites.
So if people want to get this next one, I think, is the,
before. If people want to go dive dive deeper into this, the the entire economy is kind of being
shaken by and effectively by oil prices. And we'll get into that in a second. That's why this is
going on. But not to worry, put up B5. Scott Bessent, which one of his delightful quotes,
I don't think we are in any kind of a dire situation. This is yesterday at the G20, which is being
held right now in Asheville, North Carolina, in the United States.
And so the reason we're focusing on Japan here is not just because they had the biggest
breakout yesterday, but also because Besson himself kind of kicked off this insane round
of financial tumult by intervening to try to defend the Japanese yen so that there wouldn't have
to be a sell-off of U.S. Treasury bonds by the Japanese government to support their own currency.
So he threw a ton of dollars into the Japanese economy. And here we are. You can argue what
maybe we would have been here a week ago if he hadn't done that. But all of those billions of
dollars flushed across the globe. And we got to this position anyway. It's similar metaphorically.
To our war in Iran like we so we shot off all of our munitions and now our stocks are that much lower and we're still in the exact same place if not a little bit worse off
than we were before and all of this is coming back to energy prices which are filtering through the economy that the Asian countries are
You know oil obviously is a global commodity but
Asian countries are more reliant on oil and other petroleum products and
that flow through the Strait of Hormuz, then we are just because of geography of the situation.
And so, you know, as the, and it's interesting how it works, as, as prices rise because of the
increasing cost of gas and diesel and oil and prices rise across the board, that is registered
as central bankers and, you know, financial analysts as inflation.
Because it is prices rising.
But think about it.
It's not COVID-like inflation.
It's not inflation because there was too much spending.
And, you know, if you were going to take it from a right-wing perspective,
it's not inflation because you had a COVID lockdown.
It's inflation because there's less oil.
And because there's less supply of oil, still same amount of demand for it.
Prices are going up.
And so then the central banks are going to try to respond.
by trying to crush what they call demand destruction.
So they're going to try to do, okay, we can't increase supply.
It is what it is.
We've got a war about this.
So let's make sure there's less demand.
And for there to be less demand, we have to slow down the economy.
Yeah.
We have to throw people out of work, give people fewer hours, cut their wages,
make things, make borrowing.
Make it hard to buy.
Yeah, make borrowing and credit more difficult for businesses to get.
so that there's just less economic activity.
And then people will try to buy less oil because they have less money.
And then you keep prices down.
But think about that.
Less construction, less investment.
Yeah, you're trying to financially engineer your way out of a problem that is obviously just physical.
There aren't enough to anchors of oil getting through the straight of her moves because we had an MOU and we decided not to abide by it.
And so people who hold bonds see that European Central Bank,
Bank next week is expected. I think there's a 95% certainty they're going to raise interest rates.
The analysts think that the Japanese Central Bank is going to raise interest rates.
So then because they expect those interest rates to go up, they think that the bonds that
they're holding will then be, they'll go down in price because interest rates go up, bonds go
down in price. So they sell them. Get rid of these bonds because these are dogs.
need to get rid of get these off my books and that then kind of drives the cycle a little bit faster
pushes the price down pushes interest rates up in anticipation of this of these coming rate hikes
and so in order to rescue this like broken economy we're going to make the economy worse like
that's literally the solution it's crazy because just this time last year Trump was pushing for
Kevin Warsh, specifically to go into the Fed and take interest rates down.
And he gave the speech in Jackson Hole that suggests he's going to raise interest rates.
Yeah.
What, I mean, none of the people around him would think he should do otherwise because this is just
the autopilot way we've managed the economy for the last, whatever, 100 years.
But this is exactly what Donald Trump wanted to not happen.
He wanted to come back in, get interest rates down, have a booming economy, even better than
he felt was reflected in his first term.
and so much so that he was expending significant political capital going after Jerome Powell
like significant political capital.
And trying to prosecute him.
Yes.
And like not that it matters too much to him, but breaking all of the established norms about
how the president won just really since the Nixon era were, I guess the Carter era,
but like breaking all of these norms about how the president talks to the head of the Fed.
And here he is because he decided to launch the war.
It's the opposite of what.
what he was hoping to happen at this time a year ago.
And there's no light at the end of the tunnel whatsoever.
He's trying on the supply side.
We can put B6 up.
This is a drop site post where he said,
we are unleashing American energy dominance on true social.
And drop site rights,
Trump declared that the White House was unleashing American energy dominance
in a post after he met major oil refiners at the White House on Tuesday,
so yesterday hoping to find a way to expand capacity
and lower surging fuel prices,
which threaten higher inflation and lower economic growth.
Participants at that White House meeting included Marathon Petroleum, Phillips 66, Chevron, Delic U.S. Holdings, PBF Energy, Valero Energy, and others, according to the Financial Times.
They promoted deregulation.
The White House did exemptions from biofuel requirements for smaller refineries, and, you guessed it, increased Venezueling crude supplies as ways to lower costs.
So now they're betting on Venezuela, Ryan.
Yeah, and so he brought in all of these oil executives.
which is reminiscent of Biden once in a while during his tenure.
He was trying to jawbone very gently and quietly,
and I wish he would have done it a lot more.
People jaw bombing.
People were joking that he was like next,
he was going to like, if you remember, jawbone the guys
whose job it is to change the numbers on the actual sign
outside the gas station.
Come on, come on, Jack.
Come on, man.
But the Financial Times and its coverage of it includes a photo
of a diesel selling for 745 a gallon.
That's California, a little, you know, it's pricier out there.
But there is no kind of rural economy in the United States
that works at 745 a gallon for diesel.
Because diesel is what goes into, and so, you know, tractors,
trucks, like major equipment, like the...
Everything.
Yes.
And we're now heading into the fall, which is,
planting season for some crops and harvest season for others. And you're going and that's,
and the inputs for fertilizer and diesel for this kind of surge of energy intensive activity
are breaking the back of communities all across the country. Farms.
For what? For Iran has already said they don't want a nuclear weapon. Like what? What? What? What?
Why are you losing your farm?
What for?
The average AAA, AAA's average diesel price across the country right now is 569.
Better than 749.
A year ago, it was 369.
Right.
Two buck increase over the course of the year, which is having all of the ripple effects
that you just described around the world, not just here.
Yeah.
But Trump, he yelled at the gas guys.
And he owns Venezuela now.
He owns Venezuela.
He also said that he's going to top off the Strategic Petroleum Reserve with Venezuelan oil.
Like, we tried that before.
It didn't work.
It's too heavy.
It doesn't work with the caves that we use for our reserves.
Like, it's just can't do that.
And also, they produce about, what, 1.5 million barrels a day.
because of this massive disinvestment, you're not turning that up next week.
With massive investment, you could turn it up in a year maybe.
Even then, it wouldn't be able to fill the Strategic Petroleum Reserve.
It's not even a short-term solution.
Just delusional.
Yeah, it's not even a short-term band-aid.
Yeah.
It's like, what do you mean we're going to, like, A, we can't actually pump more next week.
B, it doesn't work in our petroleum reserve.
So all you can do is try to decrease demand.
Right, which means you need less money.
Like, they believe that you have too much money, that you're spending in the economy.
And so they're going to try to engineer it such that things cost more for you and you have less money and less work, less labor,
so that then you travel less, you use fewer resources, and that drives down prices of things.
Which is why Mike Johnson did not want to answer that question about the war when he was asked.
We covered that earlier in the show.
Which is why it's good.
Our first month is free at breakingpoints.com.
That's what this is actually about, though.
You thought the free month subscription trial was just us being benevolent?
Actually trying to reduce inflation.
Yeah.
Well, we do our part.
Speaking of the political ramifications of all of this, let's move on to the midterms.
Get Bell, Pure Fiber Internet with
Crave Netflix and Disney Plus from $94 a month.
Price guaranteed for two years on internet with a two-year term and auto pay credit.
Visit bell.ca for details and to check availability.
Bell, connection is everything.
On the new podcast Solita, we share the messy reality of traveling alone as a woman.
I can wait four hours for the next bus or this random dude is offering me a ride on his motorcycle.
I chose option B.
I'm Julie Pinero, and I travel by myself because it's a rare space where I can say,
yes without asking anyone else first. I'm on a mission to reclaim the word solita, trading the pity
for possibility. Every time I tried to be alone, I kept meeting people and they were like,
you smiled at us. Not a lot of people smile around here. It's when you're alone that you're most receptive
to the world as it is and not the lies you're sold about it. It can be a time where you push your
limits, change your mind, or wake up to a new version of yourself. So whether or you're not,
you're a solo travel veteran or you're too nervous to book your first trip. I hope you listen to Solita
on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. When I was 14 years old,
I was kidnapped and held captive for nine months. I survived and I've spent my life exploring
how other people survive what should have destroyed them. I'm Elizabeth Smart and these are the
survivor files. I just remember this low, taunting,
voice next to my ear saying shut up, don't say anything. Every week, I'm with survivors who
live through the unthinkable. I knew if he woke up, without a doubt, he was going to hurt me.
I started feeling that there was someone at the end of my bed, and I just started screaming.
They are abducted, stalked, controlled, and nearly silenced. But these aren't stories about what's
taken from them. There's stories about what it takes to make it out alive. Listen to the Survivor Files
with Elizabeth Smart on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts.
Humiliating defeat for Seth Moulton in the Massachusetts Democratic Senate primary yesterday. The
margin, as we are sitting here right now, is a 30-point, resounding 30-point defeat for
Senate hopeful Seth Moulton, Representative Seth Moulton.
looks like 65 to 35, roughly, the margin of victory for Ed Markey, about 30 points.
Ryan, you're surprised by this?
Not surprised by this.
In fact...
Are you not even surprised by that margin?
I'm a little surprised by the margin.
In fact, I have proof that I'm not surprised.
I was on Raging Moderates with Jessica Tarlove.
Of course.
Yesterday.
No, Monday.
Oh, DropSide's biggest fan at Fox News.
Well, it's not much competition.
But yes.
She's the kind of the progressive host on her, you guess, liberal moderate host or whatever, on the five.
It's probably fair to call it progressive.
I think so.
But her, I'm just saying, so the podcast is called raging moderates.
So it's confusing.
So we talked about this race.
And I said, no, I think he's going to win by 30 plus.
You said 30 plus?
Yeah.
Incredible vindication.
The vindication of Ryan Graham.
There you go.
Because this is the mood that the public is in right now.
They want people like Markey.
if you are completely just DC-brained, I think Neeratanen was saying,
maybe there's not actually an ideological conflict going on in the Democratic Party.
It's actually generational, and that would explain why Tom Steyer lost in California,
and she said it would partly explain some of New York City.
I'm not sure.
I guess Espeyat is old, and Cuomo is older than Mamdani, like I guess was her thinking.
Let's not try too hard to.
Some desperate rationalization going on.
And so if that was the case that it's really generational and not ideological,
the 80-year-old Ed Markey versus the very young and healthy-looking Seth.
We have a good photo of Seth Moulton.
We actually have a video because to your point, Seth Moulton seemed to understand maybe too late in his campaign
where the mood of the public was because he, I think at one point, tried to, not at one point,
but I think while he was considering running, he saw himself as somebody who could be like a bridge
from woke one, I guess, into the future for Democrats.
Like the Trump resistance.
Right.
And he's a big.
Absence of any other substance.
Exactly.
Yes.
And he's a big MS now guy.
Like he's on there all of the time.
And I think he realized that he needed too late in his campaign that he needed to channel this
angry energy and maybe.
convince people tonally that he was aligned with like the angry, I don't know, DSA.
And I don't see angry, say angry there pejoratively.
I think we're all angry right now.
But he needed to make people think he was with them in sentiment.
So he put out this video when the awful ice situation in Maine was happening a couple of months
ago.
It just, he's giving like horrible theater kid, like failed theater kid energy trying to convince
voters that he's going to be really tough.
Let's roll C-1B.
If you don't think this is fucked up, you don't know what it means to be an American.
And every one of us should be angry right now in this moment and willing to stand up for our
values, the values that have always made this country great.
And anyone who's just letting these MAGA autocrats get away with this needs to fight or
get out of the way.
It's time for us to stop this.
So if you're on your way to Maine right now, thank you.
If you're standing up and fighting in your community, thank you.
If you're doing everything you can to protect our values, thank you.
But if you're someone who can do more, then we need to do more.
We need to do more right now because lives are on the line.
Lives are getting lost.
Because what?
He used his Prius as a weapon at two and a half miles an hour.
That's just an excuse to shoot somebody.
That's what's going on.
These thugs want an excuse to shoot someone like they're patrolling the Warsaw Ghetto in 1941.
That's bullshit.
And it needs to stop.
I don't think he believes a word of what he said there.
Ryan. Like even if, as most
Massachusetts voters do, you agree with
him on that, it was
pathetic. It felt like he was
reading, well, he was obviously
reading off of the script, but it felt like he was
doing an act.
Yeah, I agree with every word of what he
said, but yeah, there's something about it that
just doesn't... He's putting on this, like, Mr.
Tough guy, armor.
Like, it's going to convince people that he's
actually more hardcore than Ed Markey.
Yeah, and he spent so
much of, he spends so much of his, or let's do past tense at this point, of his political effort
going after the parties left, that it kind of undermines your sense that he really is committed
to this cause. Right. It's like, what's more important to you? Is it this intramural stuff? Or is it
that? And so now, Iona Presley, I think, if she had run, then I think we're talking about a different
potentially different outcome.
And I think that tells you, because I can see that too,
it tells you that some of it,
the generational stuff is not nothing.
People do look at folks who have parked out
in the House of the Senate for many years
with some baked in skepticism.
But Ed Markey did, against Seth Milton,
enough to overcome any of that.
Yeah.
Yeah, the Sunrise movement in 2020
gave him this incredible progressive glow-up. He was the co-sponsor, the lead sponsor of the Green New Deal for them.
And it is still glowing. Like, it's pretty incredible what that youth movement was able to do such that now they're starting to lose their hair.
And he's still benefiting from what they had done for him. We can run through a couple of the other races in Massachusetts.
If I had more time, if there was more hours in the day, I really wanted to cover, and I feel bad about this, not covering.
The Richie Neal race.
This was a race I covered back in 2020 when he got challenged by Alex Morris.
His top Democrat on the Ways and Means Committee, very powerful kind of right-wing,
pro-corporate.
Private equity owns a ton of Western Massachusetts' homes.
So it's the Berkshires.
So it's this crazy situation where...
Shout out Dorinda Medley.
People with vacation homes have ended up really kind of becoming dominant in an area.
and I think Richie Neal's pro-private equity,
whether they buy second or third homes in the Berkshires or not.
But he stands in the way of a lot of progressive stuff
going through the powerful Ways and Means Committee.
And Jeremy Whalen, who challenged him
currently within 7,000 votes,
they've called it for Richie Neal,
but extremely close challenge
to one of the most powerful Democrats in the House
that got very little attention
Neil romped in Springfield, heavily working class Hispanic town.
He won by 30 points.
That's the biggest city in that.
And it's a very impoverished city in that district.
Almost gave him his entire margin, Springfield, Massachusetts.
A couple other, let's see, a couple other races.
One we covered, was the Dan Co.
versus Tram Win.
We interviewed Jamie Belsito, who had said that when she went to Washington,
she was told by Lois Frankel that they desperately wanted a woman to represent this seat.
It was an open race to replace Seth Moulton and that she could have the support of all of
these women's groups, but she also had to take all of this crypto AI and APEC money,
which then is funneled through Lois Frankl's super PACs, which are called a lot of,
Democratic women and pro-choice majority action.
She said no.
And so she ended up finishing fourth.
Tram Wynn ended up getting this kind of progressive support through these women's groups.
But she ended up losing by about 12 points to Dan Coe, who was a former Biden official.
And interestingly, he was Marty Walsh's like chief of staff and then went to Transportation Department.
department with, you know, as kind of the number two to Marty Walsh, he campaigned on being endorsed
by Biden and Kamala Harris. So that, which is interesting. Yes, it is. And it worked for him.
He's at 41%. It's been, it's been called for him. Did it reverse Dario Lisa. Right. So,
and this is the northern North Shore. It's like north of Boston. Interestingly, he used to work for the
Huffington Post as Arianna's
Huffington's chief of staff back in like
2011 or something.
From Ariana Huffington's chief of staff to a
Marty Walsh? Yeah. What a
trajectory. So I've known Dan for
since he was like a 22-year-old
little upstart, impressive
sharp kid.
Now he's on his way to Congress.
Since it was called Huffington Post. He also got
a bunch of, right, he also got
$600,000 in support
from the bad AI super PAC.
leading the future, I think it's called, something like that, LTF, or the sister pack of that one.
So that's a win for that AI super pack.
Jake Ockincloss ended up, he had a challenger who had like zero money.
He ended up with 70%, I believe.
No, he's at 73%.
Jason Poulos with no money at all at 27.
percent so suggests like he's he's vulnerable to like an actual challenge um i haven't looked at
this down ballot ones i know that the kind of beacon hill establishment was under a lot of
threat we can look at those uh later but i would suspect that a bunch of those were successful oh
and then stephen lynch um so he's the uh he was getting the most spirited challenge from this
Patrick Roeth, long-time congressman, like kind of a classic Massachusetts archetype,
this union mechanic who's socially conservative and old at this point.
And so he ended up winning by, it looks like, 10 points.
Or he's up by 10, it's been called.
So that was one that they thought they were going to knock off an incumbent,
but it doesn't look like it's going to happen.
We're almost out of primary season, not quite out of primary season.
So we have New Hampshire coming up next week.
We have a guest coming in just one moment.
But worth also mentioning that a new poll out of Michigan yesterday, this was a Michigan State
UGov poll.
We can put this last element up on the screen, C2, had Abdul Al-Said up five points over Mike
Rogers in Michigan.
And this account Interactive Polls points out basically only one poll, major poll, released
in August, had Mike Rogers up.
That was a Fox News poll that had had.
had Rogers up three points. I'm on the RCP average right now. And similarly, only one poll
that they've indexed over the course of the last month had Rogers up, that Fox News poll. And Al-Said
in the RCP average is up 2.3 points. So he took over the lead in the RCP average mid-August,
and the numbers have kept going up for him. It's not going in the opposite direction. It's not
tightening. The race is actually widening if you're looking at the RealCorp politics
average right now. And I suspect
that's what we thought it was going to be
right after the primary was that
Rogers had consolidated total
Republican support.
It's a ceiling. Ninety-eight,
you know, two or whatever.
Whereas right after this bruising primary,
El-Sayed, there was still
some skepticism.
And despite this
establishment's, party establishment's
best efforts, that
seems to be, the resistance to him seems to be
dissipating. You know, he's
genuflecting in every possible direction to try to say, I'm not a threat to you.
Yes.
Come on, let's all come together and beat Mike Rogers.
And most Democrats at this point seem to be thinking, okay, yeah, let's do that.
Meanwhile, it certainly helps him that Trump wants to launch a trade war with Canada,
major trading partner, particularly when it comes to the auto industry.
Like, if Trump isn't stopped in this mania, he will destroy the, like, Michigan auto industry.
industry because it's designed such that the parts are moving back and forth like a dozen
times before they finish making the car.
And if you have to pay a tariff on that every time, forget it.
You can't compete.
Or you could just re-shore.
Right, not by November.
No, certainly not by November.
Not that that's really bothering Trump at the moment.
No, it doesn't seem to be bothering him.
Plus, you know, he seems to be fine just keeping his war going indefinitely.
Yes, he does seem to be fine doing that.
And Mike Rogers is stuck in that bond.
where he can't say a word against Trump because Trump is willing to lose a Senate race rather than allow
somebody. It's like a pretty standard thing. To lose all the Senate race. All the Senate races.
It's a standard thing in politics for like a Akeem Jeffries or a Mike Johnson or a Nancy Pelosi.
It's a bipartisan habit to be like, look, if you need to distance yourself from me in your race,
because I'm unpopular, go ahead and do it.
Like that is a thing that party leaders have been doing,
including presidents.
Nancy Pelosi, forever.
Yes.
But Trump's like, no, I don't care how much it hurts you.
You are by my side, Mike Rogers.
You're right on the back of this bomb with your cowboy hat in the air,
riding it all the way to the ground.
Sure is.
Well, let's talk about New Hampshire.
Bell, Pure Fiber Internet with Crave, Netflix, and Disney Plus from $94 a month.
Price guaranteed for two years on Internet with a two-year term and auto pay credit.
Visit bell.ca for details and to check availability.
Bell, connection is everything.
When I was 14 years old, I was kidnapped and held captive for nine months.
I survived, and I've spent my life exploring how other people survive what should have destroyed them.
I'm Elizabeth Smart, and these are the Survivor Files.
Just remember this low, taunting voice next to my ear saying, shut up, don't say anything.
Every week, I'm with survivors who live through the unthinkable.
I knew if he woke up, without a doubt, he was going to hurt me.
I started feeling that there was someone at the end of my bed, and I just started screaming.
They are abducted, stalked, controlled, and nearly silenced.
But these aren't stories about.
about what's taken from them.
There's stories about what it takes to make it out alive.
Listen to the Survivor Files with Elizabeth Smart
on the IHeart Radio app, Apple Podcasts,
or wherever you get your podcasts.
On the new podcast, Solita,
we share the messy reality of traveling alone as a woman.
I can wait four hours for the next bus
or this random dude is offering me a ride on his motorcycle.
I chose option B.
I'm Julie Pinero, and I travel by myself
because it's a rare space where I can say yes without asking anyone else first.
I'm on a mission to reclaim the word solita, trading the pity for possibility.
Every time I tried to be alone, I kept meeting people, and they were like,
you smiled at us. Not a lot of people smile around here.
It's when you're alone that you're most receptive to the world as it is,
and not the lies you're sold about it.
It can be a time where you push your limits, change your mind,
or wake up to a new version of yourself.
So whether you're a solo travel veteran
or you're too nervous to book your first trip,
I hope you listen to Solita on the IHeart Radio app,
Apple Podcasts, or wherever you get your podcasts.
So in New Hampshire, Chris Pappas,
a congressman from Maine's, I guess, first district,
is running for the United States Senate
in what has been a sleepy race
from a national perspective.
But all of a sudden,
people have started to notice that he has a challenger who, depending on whose polls you take
more seriously, is either significantly behind or catching up at a furious pace. And that is Karishma Manzoor,
a physician from New Hampshire, who is challenging Pappas from his left. She's joining us,
she's joining us now, Dr. Manzoar. Thank you so much for being here.
Thank you so much, Ryan. May I make a minor correction? Yes. I'm not a physician. I'm not a physician.
I'm a scientist.
So, yeah, tell us about your background.
I have a PhD in biochemistry and molecular biology, and I worked in clinical research for about 20 years.
I specialized in epilepsy and depression, and I loved being a scientist.
But several years, for the last several years, I've also been volunteering in the nonprofit sector here in New Hampshire.
And the two big nonprofits that I'm involved with are peace action, because we need to fix this war economy.
It's destroying our communities, causing massive death and destruction across the world and burning down our planet.
The other nonprofit that I'm involved with is open democracy action, and we've been trying to get big money out of politics.
So I'm a scientist, as well as a nonprofit leader and non-running for the United States Senate.
And so what has been the thing or the things that have enabled you to kind of gain some significant traction heading into, is it, and is it, it's next week?
Is that right?
I can't keep up with all these primaries.
Goodness.
Okay.
Yes.
So, you know, it seems like it's a serious race.
I've heard my sources have said that Poppice is kind of frustrated with the kind of Washington establishment that they haven't come in kind of to help him in the primary.
But the counter argument from some in Washington has been that it actually wouldn't help him,
that Washington putting its thumb on the scale would actually probably benefit his challenger more.
So what are you finding on the ground are the kinds of things that are resonating?
We are offering common sense policies. I think over the course of the last several decades,
we've forgotten what public service should be about. It is about improving people's lives
right here in our communities. So we have a housing crisis, a child care crisis, a health care
crisis, because too many of our Congress members are answering to their donors and no longer
working for the American people. And that is exactly why I'm running. I'm from the people. And we're
just frustrated with Congress members who are not working for us anymore. I'm offering actual
common sense solutions. We need livable wages. Our federal minimum wage has not kept up with the
cost of living. We need a federal minimum wage of at least $20 an hour. We need to pass Medicare for
all. We need to pass universal childcare. And we need to protect and fund Social Security. And at the
same time, we have to stop wasting billions of dollars, killing children overseas, and instead
use that money to feed and educate our own children. So that is why our common sense platform
is resonating with people across New Hampshire, and they're rising up. Yeah. When you're out
campaigning, what are the top issues that people bring up to you? What do they suggest they care
most about right now? So from, as when we just present our campaign, a lot of times people like us
just because they're frustrated with Chris Pappas. Just the fact that we're,
that he has an opponent, even without even understanding our platform, is enough to convert someone
to becoming a supporter. The other is the, when they hear the word progressive, that has a
lot of positive connotation right here in New Hampshire. Most people are progressives, the Democratic
base. And Bernie Sanders won New Hampshire in 2016, 2020, presidential primary, and people
have a lot of respect for Bernie still here in New Hampshire. So that I'm, that Chris, I'm an opponent of
Chris Pappas, that I'm a progressive, a scientist, a peace activist, that I'm fighting for Medicare
for All. This resonates with the people across the political ideology because people are suffering
from the health care crisis. The fact that I'm not taking a single cent from Super PACs,
corporate PACs, A PACs, resonates very well. People want honest candidates, honest lawmakers,
and the fact that I am speaking out against the genocide that's going on in the Middle East.
So for multiple reasons, folks are moving towards becoming supporters.
The biggest challenge is name recognition.
So the poll you quoted still shows that nearly 40% of the people in New Hampshire still don't know enough about me.
And that's what we're trying to bridge in the next few days.
And the story of how your family got over to the United States is on the one hand kind of highly unusual, on the other hand, familiar.
Can you talk a little bit about your family background and your father and then how you,
how your family wound up in the U.S.?
Sure.
Actually, my story starts even before my birth.
In 1971, there was a war of independence in Bangladesh.
Three million Bangladeshis were slaughtered in nine short months, and that level of atrocity
was only possible because of U.S. made weapons.
I lost family members in that war, including my mother's 19-year-old brother, was killed.
So I grew up in a broken family. I was born in 1974, but it was already a broken family. They never really recovered from all the losses. And that was true for many families across the country. Unfortunately, in 1981, 10 years after the War of Independence, my father, Major General Muhammad Aboumanzu was assassinated. We faced my mother, my siblings and I were arrested. I was only seven years old. And we faced years of political persons.
execution in Bangladesh. And my mother kept saying the only country in the world where we could seek
refuge was the United States. And that's one of the greatest paradoxes, the kindness and generosity of
the American people and the failures of the American government. So it was a very difficult process
for a widow to bring four children to the United States, but we found safety here. But like many
working class families, we were working $4.25 an hour. Those were, that was the minimum wage back
then. I was working seven days a week, multiple jobs just to pay rent, whatever was left over was for food.
And like millions of Americans, we did not have access to health care. Unfortunately, my mother and my
sister were suffering from chronic illnesses and going without access to health care for several
years had a profound impact on their bodies. And like thousands of Americans, they both died young.
So when I talk about the need for livable wages, affordable housing, universal health care, and a foreign policy
that's not based on war profiteering.
I'm talking about personal experience
because I don't want any family to suffer
the way my family has.
And one of the things that you've been criticized for
has not been living in New Hampshire long enough,
which is kind of a little bit ironic,
given the life history.
If you've been in New Hampshire for generations,
your father wouldn't have been kind of a Bangladeshi war,
hero. So it's just the fundamental contradiction you can't untangle there. So how do you respond to people
on the campaign trail who, because we have this, we still have this kind of parochial sense of,
of, you know, particularly in New England. Someone's not in New England or until they've been there,
you know, unless they came off the Mayflower or whatever. So how do you, how do you respond to that
skepticism from voters? So New England, I've had roots in New England for a while. So,
So I arrived in Massachusetts.
I finished high school in Massachusetts.
But in New Hampshire, I've only been living here for about five, six years now.
But more than 50% of the people in New Hampshire were not born in New Hampshire.
So that's something.
But I think it's more the detractors that are making this an issue, but most people don't even care.
Because I'm just the face of the campaign.
It is not just about one person.
This is about taking on the war economy, taking on the corporations, taking on Benjamin Netanyahu and war profiteering.
So I represent so much more than just one person. Again, I'm only the face of the campaign. Behind me are thousands of people. Some were born in New Hampshire, have lived here for generations, and some have other different levels of status. What we are representing is common sense policies to improve people's lives right here in New Hampshire. We are representing honest and unbought campaign that is only answering to the people of New Hampshire, not corporations, not foreign-aligned lobbies like APAC. And the most important part is we are trying to reclaim our
power from the destruction of our government by influence of foreign people like Benjamin Netanyahu.
And what response? I mean, I'm actually just curious about this because particularly since COVID,
a lot of working class rural voters are skeptical. First of all, the medical establishment,
as I'm sure you're familiar with. And also just of kind of people who they see is maybe elite.
And I'm curious how that maybe has come up, if it has at all on the campaign trail, how you deal with,
or maybe any skepticism that may be lingering among people who are extra sensitive and skeptical right now of folks coming in from the medical establishment or from academia.
So I've traveled across New Hampshire for the last year.
Our state is not very big, and I've yet still covered 38,000 miles.
That's how many miles I put on my van.
38,000.
I've gone to almost every single town several times to many of these towns and cities.
I have heard talk to thousands of people.
I don't even remember anyone asking about it.
Online, I sometimes see questions about COVID, but I don't think that is the pressing issue here.
What people want to know is how can we improve their lives?
We have a housing crisis, which is extremely severe.
There are people who are living with multiple people in a room.
an apartment or a house, but they're not enough bedrooms. So sometimes people are sleeping on a couch
or in the closet, like literally in the closet. Sometimes people just don't have enough to eat to
stretch their social security check or any of their income to the end of the month and are
eating cereal for the last few days. These are the real issues, people who have cancer but cannot
afford treatment. And there are two choices. Either they mortgage their homes or they just die.
these are the real problems in New Hampshire and across this country.
People are not, I'm not hearing necessarily stories from the five years ago.
The other thing that people are realizing is that money going away to bomb people overseas is money not in our community.
And they want that money to come back.
And a lot of people are also realizing the harm that these PACs are doing,
whether corporate PAC, super PACs, or foreign online lobbies like APAC.
And a lot of times the more of the questions come up is the money.
Who are your donors?
Are you just as corrupt as Chris Pappas?
And the answer is no, God.
Chris Pappas, whatever you want to think of him as a person,
represents the corruption in Congress.
He talks about getting big money out of politics.
The only way he can get big money out of politics is if he resigns from Congress,
because he is big money in politics.
And so those are more of the questions that I'm receiving about foreign policy,
the money.
the Iran war, the attacks on Palestine, Lebanon, Benjamin Netanyahu's influence in our foreign policy.
Interestingly, those are really the key issues that people are worried about here in New Hampshire.
And your opponent, John Sununu, is related to the very popular governor, Chris Sununu.
And Republicans had tried to get Chris Sununu to run.
He refused to do so.
So, John Sununu himself used to be a...
Senator lost in 2008. I would assume a decent number of voters think John Sununu is Chris Sununu.
So, you know, how do you go up against, and I think this is a race that Democrats, I think,
privately are quite concerned about, regardless of who the Democratic nominee is because the
Sununu's are so popular in New Hampshire. And it's going to be a very close race. You know,
how do you challenge that kind of popular dynasty in this moment? So what I'm trying to explain to people
is the concept that we have political dynasties is undemocratic. Just that alone tells you that
there's a, we are suffering from undemocratic actions right here in New Hampshire. The Shaheen family
and the Papasus, that's one dynasty that's controlling the Democratic Party and the Sununu's are
controlling the Republican Party. And both of them are suppressing any kind of challenges from the
grassroots campaign. It is shameful that one Sununu after another is always in our ballots. That's not
democratic. They have millions of dollars. Can they go off to the sunset and just enjoy their
money and just leave us alone? Because in the middle of all this, there are billionaires that
are funding both the Sununu's and the Shaheen's and the Papasus. So we are just pawns on the
chessboard, but we're not even on the chess board. This game is being played and we're not part of it.
So what we are trying to explain to people is that the corporations own these corporate
whether it's the Papas's, the Jeffries, the Schumers, or the Sununu's, and we need all of them to be
removed from power from being considered as candidates. So right now, my main opponent is Chris
Pappas, a genocide enabler with a D after his name. And on the other side, the Republican is
John Sununu, who's a friend of a convicted pedophile with an R after his name. And they both
represent the corruption and the problems with our
system of governance.
And this is why in the richest country in the world, there are people sleeping in the streets.
People are dying of cancer treatment.
People are senior citizens are losing their houses because these kinds of corporate
politicians are ruining our communities.
All right.
Corrishman Manzoor, candidate for Senate in New Hampshire.
The election is coming Tuesday.
Thanks so much for joining us.
Thank you.
Thank you very much.
Thank you.
Roland Martin Unfiltered Podcast.
Here's what you missed.
There should not be a single law enforcement agency.
It does not have body cameras.
It's real.
Black farmers have been under attack.
This is just the latest example of them just slapping DEI on anything.
It's raw.
And I'm sitting here going, they are playing y'all for fools.
Catch Roland Martin's daily commentary on the Black Information Network.
And download Roland Martin Unfiltered on the IHart Radio app, Apple Podcasts,
or wherever you get your podcasts.
College football will hijack your weekend, ruin your sleep, and break your heart.
And that's why we make the Solid Verbal College Football Show.
I'm Ty Hildenbrand. He's Dan Rubinstein.
Every week we preview the games that matter and the storylines that are going to ignite your group chat.
And you can join us in the aftermath as we react to what happened, why it matters,
and how the sport went completely bonkers yet again.
Listen to the Solid Verbal College Football Show on the IHeart Radio app,
Apple Podcasts or wherever you get your podcasts.
Hey there, everybody. Amy Robach and TJ Holmes here from the Amy and T.J.
podcast. We're going to cover everything you need to know during this heated political season.
Yes, we just saw Lindsey Graham the death of a long time senator. Also, we've got a couple of
missing members of Congress. Also, we got a lot of members of Congress behaving badly. We got
accusations, allegations flying all day long on Capitol Hill.
Listen to Amy and T.J. on the IHeart Radio app, Apple Podcast.
or wherever you listen to your podcasts.
This is an I-Heart podcast.
Guaranteed human.
