The MeidasTouch Podcast - Tuesday Afternoon Breaking News Updates with Ben - 7/7/2026

Episode Date: July 7, 2026

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Welcome to Ben on Breaking News. I'm Ben Mycelis, and this is your breaking news. And indeed, there's a lot of very important breaking news that we need to discuss most notably. The United States has announced that they are. are officially revoking the general license, which authorized the sale of Iranian oil. The U.S. announced that it would no longer be allowing Iran to sell its oil and to transport its oil for sale outside of the Strait of Hormuz. There's been at least three ships that have been struck by Iran in the Strait of Hormuz in the past 24 hours. that's reflected in the underlying data, but it seems the number is closer to around five ships, and that just the UK Maritime Authority is only reporting on three of these ships.

To be very clear, all of the ships that were struck by Iran were going through a route that the United States tried to open up after the MOU was entered into closer to Oman. and these are ships that turned off their satellite transponders, if you will, their AIS signals, which would signal where they were going. And they tried to, in the kind of dark of night, follow a route that the U.S. said that they should be following. And Iran had previously struck ships doing just that. And after the MOU was entered into, Iran had warned all ships that, pursuant to paragraph 5 of the memorandum of understanding that was entered into 20 days ago.

If you use the route that is not authorized by the IRGC, you will be attacked by the IRGC. They gave the warning. The U.S. tried to use the MOU to accomplish things that the U.S. was not able to do during the war. It's sad realization to see the levels of bad faith engaged in by the United States and the Trump regime after this MOU was entered into, basically violating every term right away from entering into another MOU with Lebanon and Israel, which basically permitted Israel to be or Netanyahu's regime in Israel to indefinitely be in southern Lebanon. and actually to take new areas that they call pilot zones in addition to so-called security zones in Lebanon. That would be in violation of Article 1 of the MOU with Iran. When Rubio took his trip to the Middle East, he noted that he wasn't even going to be discussing giving Iran $300 billion in development funds with the Middle East countries, which the Trump regime said the Middle East countries would be investing in Iran. Iran. That was a clear violation of the memorandum of understanding. Donald Trump has continued to

threaten the sovereignty of Iran more than the sovereignty. I mean, Trump has consistently been saying he's going to kill all 91 million people in Iran. I'm going to kill you. I'm going to kill you. But I need people to negotiate with. So I could kill you in the funeral. I can kill you over there. That's obviously a violation of Article 1, an article or paragraph 1 and paragraph 13 of the memorandum of understanding. by trying to open up your own shipping lane, which you weren't able to do during the war in the Strait of Hormuz. That clearly is a violation of Article 5, which talks about Iran working with the Arab nations in order to open up new lanes in the Strait of Hormuz as well. And so, and it be governed and controlled by the IRGC. So at every step of the way, you have the Trump

regime violating the MOU. There were incidents that we were talking about recently where Iran would strike tankers that would use the Oman Lane. We've been reporting on that. And then the Trump regime would usually attack some sort of surveillance infrastructure or satellite infrastructure in Kashem or Syrac. And then Donald Trump would usually do that after the markets closed. And then when the markets were about to open, he would have Barack Ravid at Axios, who's basically his personal stenographer, make a post and say, all right, we're good now, right as the markets were, you know, opening. I've been saying, you guys got to look at the crack spreads. You got to look at the crack spreads, which are, which is the delta or difference between the price of crude and the price

that refineries are selling oil to the gas stations that you get at the pump. I've been saying one of the big red flags about what we're seeing here is that it's obvious to me that there is a concerted effort that Treasury Secretary Besson is running to short the Brent and WTI markets. Another tell was when Donald Trump was at that luncheon where he was saying he was mocking people who short things and that's always usually a tell that that was on his mind. the idea of shorting things, and he was attacking people who short things. It's usually a tell that he's shorting things as well, because that's how he kind of confesses through projection. But if you looked at the price of Brent and WTI, I've always said, this makes no sense.

How are you telling me that the price of crude is significantly lower than what it was under former President Biden in late 2023, early 2024? It literally makes sense. zero sense. And then the people who are not so-called knowledgeable about the market, they'll say, well, you know, there was a lot of geopolitical risk under Biden because of Russia's invasion of Ukraine. And so the market priced into it a great deal of unpredictability that never actually happened. I go, no, that's bullshit. That's not what happened. What happened was the oil companies, the gas companies, work together, in my opinion, and they colluded. And they were pricing. And they were price gouging and they were like, look, if Biden is out there taxing us significantly more,

taxing us fairly, then we're going to make sure that we jack up the prices right now and we don't care. So that's obviously one of the things that was going on there, in my opinion, which you contrast to what we're seeing, you know, right now where they were like, okay, Donald Trump will manipulate the market for us. We can lower the price a little bit, but then we'll get the benefits and all of these tax breaks and these various other, you know, incentives as Donald Trump pursues a socialism for the billionaires and the decade. I apologize. My dogs are like so loud right now in the background. And during a commercial break, I'm not going to check on them to see what is going on, but they've never really barked this loud during a live show before. But we will see what's

going on there in just in just a moment when we take our first break. But here's what we're learning. A U.S. official said the office is what Barack Ravid, Trump's denographer, posted. A U.S. official said the Office of Foreign Asset Control is revoking the general license, which authorized the sale of Iranian oil. As President Trump and the administration have repeatedly affirmed, the MOU in effect with Iran is entirely performance-based. Iran will only reap benefits if they exhibit good behavior, the U.S. official said. U.S. official says Iran's actions in the strait of Hormuz were wholly unacceptable to the United States and will be met with

consequences. Our negotiators continue to work in good faith towards a final deal. Take a step back for a second. The Trump regime is doing, frankly, what they did with the U.S. versus Belgium. They're doing what Donald Trump does with his mean coins and what and what Donald Trump does with World Liberty Financial and all of the kind of Trump scams out there, the Trump regime wants to manipulate the lay of the land, and it always backfires. It always backfires in the long run for everybody other than Donald Trump. Donald Trump makes millions, or in this case, billions and billions of dollars, while the American people suffer,

while his shareholders and stakeholders suffer, while the note holders suffer, while everybody is suffering, Donald Trump takes the bag and he doesn't care. With the mean coin wallet, you had losses of meme coin wallet holders of anywhere between $3 billion and $6 billion, while Donald Trump made billions of dollars.

And so for Donald Trump and his insiders, they're making a huge amount of money. They're profiting significantly. And everybody else is absolutely getting screwed. We have to understand what happened in this war. The United States lost this war. The United States should not have been involved in this catastrophic and unlawful war against Iran with Netanyahu to begin with. The U.S. engaged in numerous war crimes, crimes also aiding and abetting Netanyahu's genesis.

in Gaza, genocide in Lebanon, but using those same tactics to slaughter little girls in Menab and killing thousands of civilians as well in Iran. It was based on a completely fabricated and false pretense or pretext by Netanyahu and Trump that the people of Iran wanted to greet Trump and Netanyahu as conquering heroes as though they looked at what Netanyahu was doing in Gaza with genocide and Lebanon and said, please here, please do that here as well. Please, we want that here. And Donald Trump and Netanyahu said that millions of people, tens of millions of people would be on the streets of Tehran. They would be on the streets of Com, QOM, they'd be on the streets in Bandar Abbas. They'd be on the streets of everywhere chanting,

Donald Trump and Netanyahu, thank you, thank you. And I think especially this week, as we've seen the funeral procession for Ayatollah Kamenei, and not just Ayatollah Kamenei for his granddaughter, who was killed as well. And here's a photo of his granddaughter right here. And I agree with this account that says, mainstream American news outlets refused to share this picture of Ayatollah Khameney's granddaughter. It's like 18 months murdered by Donald Trump and Israel. It wasn't like Ayatollah Khamenei was like hiding in a bunker.

No, when the Israeli jets and the United States jets killed him, he was spending time at his home with his granddaughter, with his daughter, with his daughter, with his son-in-law, with his son-in-law's brother, with his family, spending time, you know, with his, you know, with his family. That's what he was doing when in the, not just the middle of the negotiation, when a deal was reached, you know, you're saying, well, why would the Ayatollah do that? Why, why would you, you know, why would you not be hiding in a bunker? No, well, I think number one, I think dying as a martyr is something that the Ayatollah and people in Iran say dying as a martyr is the, you know, we have to understand the culture. It doesn't, it doesn't mean I'm being not patriotic or being

anti-American. I'm doing the intelligence that our intelligence community should have done. Dying a martyr is a high honor, perhaps the highest honor, you know, in the tradition, especially, you know, when it is defending your country against, you know, someone like a Netanyahu and a Trump. And so to me, the factors of martyrdom combined with in late February, there was a deal that was reached that night. The United States reached a deal with Iran that a mediator confirmed. There was a deal. You may recall the foreign minister of Oman went on CBS, announced we did a deal. This deal is basically the JCPOA with. additional protections for the United States, right? This is an enhanced and better version of the JCPOA. That was the announcement by the Oman Foreign Minister, and the Oman Foreign Minister at that time was the mediator. And that night, bam, Netanyahu and Trump blow up the Ayatollah's home. And the Ayatollah is there with his granddaughter. I think the granddaughter's name is Zara. He's there with

the grand, with his daughter, with the son-in-law. And they're there. all get killed. And the Trump regime and Netanyahu told us that's exactly what the Iranian people want. That's what they're looking for. That's not what they want. That's not what they're looking for. And then people be like, well, you're just, you're just spreading that Iranian propaganda. No, we need to have an accurate data set. So we stop acting dumb and stupid. And that's putting it nicely. Okay, we need to understand what is actually happening in Iran. And you can say, oh, well, the Iranian regime is unpopular and they, okay, you know, lots of regimes are unpopular. The question is, is the population going to cheer for regime change? And it's a pretty basic no when you watch

what's taking place in the past three days. And they're about to bring Ayatollah Kameney's to Iraq. That's where it's going right now, where the Shiite community there is going to stand out. You have Foreign Minister Aragchi posted millions of proud Iranians rallied in unity to honor Grand Ayatollah Kamenei and his legacy. Neither them nor our braved armed armed forces are moved by any threats. Paragraph 13 of the MOU is clear. Negotiations on a final deal will not commence if threats continue. Honor your signature. The thing is, Donald Trump is the worst person possible to honor your signature. He's never been a dealmaker. He's always been a deal maker, a deal breaker. He's never been a builder. He's always been a destroyer. If you actually go and read the art of the deal, which you should

not, it's horrible, the art of his deal is the art of fraud. It is that a deal is never actually the deal. It is the starting point to manipulate the other side's good faith and to use it to take advantage of the other side letting their guard down because usually in a deal, each side has to give something and make some sacrifices and work in good faith. And Trump has always viewed the deal as the perfect time to sucker punch. Trump is the worst kind of scumbag human. He's a sucker puncher. He's the kind of person when your back is turned. He punches you in the back of your head. And he's too chicken shit to even stare you in the eyes and to say it to your face. That's who he is. His whole life, he's at, you know, today at NATO, which he's made an utter fool of the United States.

He was asked a question about Georgia Maloney, Prime Minister of Italy. Okay, Donald Keyboard Warrior, You're out there posting social media messages about Georgia Maloney saying restraining order, as though she is stalking you because she's so attracted to you. You, a sexual predator found civilly liable for sexually assaulting a woman, you who is on tape, bragging about grabbing women by their genitals because you're rich and you get away with it. you who brags about inspecting girls naked at your beauty pageants. First of, who the hell as a 45-year-old guy hosts beauty pageants for little girls, but then brag about going into the changing rooms to see them naked because when you're rich, that's what you do, is what you said.

So you call Georgia Maloney that she's harassing you and say restraining order, restraining order. And by the way, you all sure during middle school knew that, knew that scummy piece of shit, 11 year old, excuse my language, but that's what Donald Trump is. 11 year old, 12, oh, she's touching me. She's doing this. She's this. She's that. Look at her.

Or then like the loser in high school who would harass the girls by saying, oh, she wants me. I mean, to have the president of the United States behave that way with a female world leader of Italy, which should be a traditional ally of the United States. By the way, she's a far right-wing politician whose politics I disagree with. She should be a natural ally to Donald Trump, but because she's a powerful woman leader of a NATO country who stands up to him, by the way, not even all that firmly. If you go behind the scene, she's one of the people who was actually encouraging some of the other NATO members to give Donald Trump some patience and grace. And that's who Donald Trump goes after and says restraining order.

So then when Donald Trump was asked about it at NATO, he's like, well, I actually like her. I actually like her. I don't like that she wouldn't allow us to use the bases for the Iran. But I like her. I like Georgia. You just said restraining order. You accused her basically of sexually harassing and stalking you. How else would you interpret what he meant by restraining order

and posting a photo of her looking up to him as though she was like in awe of his physical presence? So say it to her face. And as she said before, he won't say that to my face. But so you have Donald Trump now. claiming that America won this war against Iran and it was great and Iran's Navy is destroyed and this is destroyed and that's destroyed and, you know, we did regime change. It's just not true. It is not true. And, you know, part of the frustration is putting it lightly that I have right now is, is, does, I mean, seriously, and I say this with genuine questions about, just the,

about the world right now, about this moment in history, which I'm glad that I can speak to you. A little upset that the, I love my little doggies. They were barking through a lot of it. I had to power through those first 18 minutes where the bark noise every, but you know, that's, that's what happens when you're independent media. You don't have massive budgets, but okay, you know, power, power through it all. But, but my point is, does anything matter? any like like like what does anything matter to kind of corporate news in their coverage or does it only matter when there's a democratic president where all of a sudden the world is collapsing because there was an issue with liquidity of regional banks which led to a run on regional banks.

Do you remember that when Biden was in office and like it seemed like the media and all of the right-wing people and oligarchs were cheerleading liquidity issues with regional banks. I'm like under Trump liquidity issues with regional banks, that's not even a story that registers. That's one of those things that like squawk box or whatever the hell they call it is like a blip in 50 stories before 9 a.m. And there is, and I'm not trying to scare us with my. assessment and analysis. I think I've been spot on with what's going on in the Strait of Hormuz, what's going on with the Strategic Petroleum Reserves, what's going on in Cushing, Oklahoma, what's

going on generally because when the United States just very precipitously, very quickly pulled the general license. I know it sounds technical, but the United States revoking the general license for Iran to sell its oil is kind of the major thing that's in this MOU. So what's Iran going to do? I feel like this is drunken history in real time or dumb history in real time with Donald Trump, but it's very dangerous. It's obvious what's going to happen. Iran's going to shut down the straight of Hormuz. By the way, depending on when you're watching this, it probably is already shut down. What do you think is going to happen?

What do you think is going to happen right now? So then that's going to happen. And then Donald Trump's going to strike Iran. And Donald Trump's going to, you know, do his little, oh, I'm going to hit the little radar facility in Keshim. I'm going to do, are we good now? Are we good now? Are we good? And then Iran's going to be like, do you see, do you see the 12, 15 million people that are out there across Iran right now for the Ayatollah that are there in Kham, that are out there in Surik, that are out there across the country?

Do you see the crowds? Iran right now is more emboldened than ever. Iran has utilized the MOU to get out 50 to 75 million. barrels probably of oil. They had all their ships ready to go. So you know how Donald Trump would say, my big, beautiful blockade during the war was so perfect, was so perfect. Iran knew that Donald Trump was going to violate the MOU. They may be surprised that it took 20 days for the general license to be revoked. But let's face it, Donald Trump started violating the MOU on day two. It was really in breach. Remember by the time they went to Switzerland, when J.D. Vand showed up, that was already after kind of multiple violations by the United States had taken place. Iran planned for that. They had their VLCCs, their tankers ready to go. They got out 20, 30 million barrels right away. And they got out.

So Iran right now is able to withstand probably 18 months of a blockade right now based on being able to get that oil out. And Iran's in a posture of, you see all these people here? You want to do a ground invasion right now? You think that you're going to fare well in Iran. Iran knows that if Donald Trump and Netanyahu's plan was to rally the Iranians around Trump and Netanyahu, which is the dumbest concept to begin with, we can say for certainty that that has backfired right now. And the Iranian people are out there mourning, showing support and demanding vengeance right now.

The hardliners in Iran feel more entrenched and more confident than ever. Araghi and Ghalibaf see what's going on in the streets right now of Iran. And then Donald Trump has already given away the game. And I'm not just talking about the Belgium, United States game. where Donald Trump put his finger on the scale and the U.S. still lost four to one. And frankly, even going into the game, the U.S. looked deflated. But Trump gave away the game by telling the world,

we are out of our strategic reserves and that I needed to do this MOU to avoid a great depression because we were so close and I don't want to be Herbert Hoover. Because guess what? Our strategic reserves continue to go down every damn day. Every day the strategic reserves continue to be tapped into. I think we're at 375 million barrels left into it. We're basically at functional tank bottom right now. And the market for Brent and crude just responded to what happened in the straight.

And you saw the price of oil right now? The price of oil is going back up, up, up and wait to you see when it's obvious that Iran will shut down the Strait of Moose. All right. We're going to take our first quick break of the show. I'm telling you, it feels like what's that show where they have to go through all the obstacle courses? Not the one as a kid, but the show where you have to jump through the things and you climb up the ladder and you have to ring the bell at the end. I forget what the show is called, not wipe out. I forget what it was. Ninja Warrior. I felt like, I feel like doing this was like Ninja Warrior. I got dogs barking, I got this happening.

That's independent news, but you get out the facts, you get out the data. Let's take our first quick break of the show. Before continuing, one quick PSA for the Midas Mighty when it comes to Medicare. Most Medicare agents push Medicare Advantage plans, even when they're not right for you because they make more money doing it. That's why we strongly recommend you do what thousands in our audience have already done. Speak with Chapter, please. They don't just share the amazing benefits of Medicare Advantage. They explain the pros and cons of all your Medicare options.

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That's getsole.com promo code mitus for 30% off. Welcome back to Ben on Breaking News. I'm Ben Myselis. This is your breaking news. So Donald Trump is in Ankara, Turkey today for the NATO summit. By the way, did you see how sickly he looked when he was arriving there? President Erdogan had to literally hold him up. Again, I'm not trying to be hyper.

I'm just trying to describe what was going down. These are real photos. This is an AI photo. This is really Erdogan trying to lead Donald Trump in the right direction. Trump was, you know, going backwards. And he just looked like completely out of it. He's making weird faces. And one of the things that Donald Trump announced,

I'll show you Rubio's face. I think we have a group shot of these Trump regime people. And Rubio is like deer in headlights over here. because Trump announced that he was removing all sanctions against Turkey. And the sanctions that were put on Turkey relate to Turkey buying Russian defense systems. That's what the sanctions relate to. There's a 2017 congressional, there's a law that was passed by Congress and signed. By the way, Trump was the one who imposed the sanctions on Turkey in 2019.

2020. Why did Trump impose the sanctions? Because Turkey was procuring S-400 air defense systems from Russia. And the law says that if any country does that, they get sanctioned. What were the sanctions? Well, there was a few aspects of the sanctions. The most notable was you can't sell a country that is sanctioned under something called Katsa, C-A-T-S-A, Section 231. You can't sell them F-35s. So Turkey made the decision. They were going to buy Russian S-400 defense systems. So automatically, the law says they have to be sanctioned. That's the consequence. They chose to do that. That's the consequence. And Trump was the one who sanctioned them. Other sanctions in addition to restricting F-35 sales, ban on U.S. export licenses and authorizations for any goods, technology, asset freezes,

visa restrictions on designated individuals, prohibition on U.S. financial institutions providing loans credits over $10 million in a 12-month period. And you may recall when Marco Rubio was testifying in Congress on June 3rd, he was asked about that. And Marco Rubio testified, we can't remove those sanctions against Turkey because of the law by Congress. So actually, Rubio under oath, It's what he said. And then Donald Trump was right there. And he was with Erdogan and Trump says, I hereby decree I am removing the sanctions.

They're our friend. Now, I think that there can be discussions, intelligent ones about Turkey's role in NATO. There could be intelligent discussions about Turkey's role vis-a-vis European Union relations with the United States, I think that those conversations should be done in a, you know, call me crazy in a congressionally authorized way. And so that if sanctions are going to be removed, we need to understand, well, what, what's

happening here? Is Turkey going to stop procuring the Russian systems? Are they still going to be allied with Russia? How does that impact U.S. What is the U.S. policy other than Donald Trump taunts NATO like a kindergartener who's not behaving well? Like what is? What is the policy? It just seems to threaten and harass and taunt NATO allies.

pick fights with NATO allies, get involved in catastrophic wars with Netanyahu in Iran, maliciously withhold from Ukraine, Patriot interceptors that are needed in order to stop Russia's ballistic missiles. You know, Ukraine is able to shoot down Russian drone swarms, Russian shahids, which are made by Iran, cruise missiles. What Ukraine is. isn't able to do is shoot down the Russian ballistics. They go really fast. And you need a very specific Patriot Interceptor to stop a Russian ballistic. That's how it works.

And the United States now claims, well, we don't have it because of the war in Iran that we depleted our inventory. Okay. So Zelensky says, okay, maybe that's not what Hegs had testified to under oath, but okay, give us the license. The technology will build it here. No. No. Okay.

So you're not going to help us with the interceptors. You're not going to give us a license so we can make the interceptors. You're blocking the license. So you clearly want, let's be logical. you clearly want Russia to strike a defenseless key. And that's what's happening. If you analyze and study what is taking place, Russia used to use a lot more drone swarms in the various Ukrainian cities. And now we're seeing Russia use more ballistics. Why? Because they know that Ukraine is out. Now, Ukraine has shown an incredible degree of ingenuity as it relates to producing its drones.

It's got FP-1s. These are the drones. The FP-5s, which are sometimes called flamingos. The FP-1, those are long-range drones that are hitting locations like Omsk as well as, and you see right here what that facility looks like. And Omsk, the Russia's largest oil refinery, was destroyed by a Ukrainian FP1, the drones, about 2,700 kilometers away. The FP1 has a range of 3,500 kilometers. It's a big distance that it can travel. Also, Russian oil refineries are being hit. Belgarad, which is closer to the west, closer to the front, is also being hit by Zelensky.

And Zelensky's like, look, look what we're doing. We're taking the initiative here. We just need these interceptors. So we want to make it. Just allow us to make it. And we'll make it ourselves. And instead, Donald Trump is taunting and taunting and taunting NATO. And today he was going on about, we want to take over Greenland, and NATO's unfair, and I don't like them, and they're mean to me.

But Erdogan, he goes, is very strong. Who would ever sanction Erdogan? You, you did it. You were the one who sanctioned him. That was your policy. Because that conformed to what the law called Katza, Section 231 required. It's like when Donald Trump rails against Kuzma, the Canadian U.S.-Mexico agreement. What a horrible deal.

You did it. That was also your deal in the first. term. Now, taking this full circle to what I said about the art of the deal, Trump views the art of the deal as fraud, that he doesn't follow the deal, that the deal is never real. It's always a losery. The other side should give, give, give, and you take, take, take, and then you don't deliver, and then you try to renegotiate it or redo it, but the deal is never actually a deal. It's never something that involves good faith. So Kuzma, screw it. We don't like it anymore because he can't do a deal. JCPOA actually does things. We'll just mock it. Let's just mock a deal that actually

worked. Okay. Your own situation where you imposed sanctions on Turkey, now you're saying that's the stupidest that you did it. So how can anybody trust anything? You say, And the answer is nobody can. You know, and the big problem that I see, frankly, and I get why Mark Routé is doing it, the Secretary General of NATO, because he thinks, let me drag this along, drag this along, drag this along.

Maybe we can delay, keep the United States in NATO, and then we'll get a new president, and, you know, we'll survive this. let's just try to survive. And so I'm going to show up. I'm going to do these charts in the Oval Office. And I'll applaud Donald Trump. I'll try to buy time for NATO countries to rearm.

I'll buy time for Europe to become more independent so that it's not an abrupt kind of. I think that's behind the scenes what a Mark Rote will say what his strategy is. But I think over and over and over again, the only. lesson that you can extrapolate from anything is that the only thing that Donald Trump appreciates the strength and telling him no and being forceful and kicking him out and banning him and saying and saying no. I think Iran recognizes that. I think they see it. They see that, let's not forget the original ceasefire that happened before the MOU was Donald Trump. saying, I am going to blow up your bridges and wipe your civilization into the Stone Age.

And Iran said, do it. Do it. We're not scared. Do it. Do it. Let's see what happens. We're ready to go. Do it.

We dare you. And what did Donald Trump do? On his own arbitrary, self-imposed deadline, Donald Trump said ceasefire. We're doing a deal. We've agreed to a ceasefire. And Iran said, okay, well, we didn't agree to any of this. But if you want to stop, okay, you can stop. But we're not going to give up control over the Strait of Hormuz.

So then you had that world right there until 20 days ago when the MOU was entered into. And then since the MOU was entered into like the predator that Donald Trump is, he didn't view it as a deal. He didn't view it as good faith. He didn't view it as respecting Iran. You may say, Bob Ben, he should respect Iran. We should act in good faith to Iran. Why would we do that?

Look, then don't do the deal with them. Don't enter into an agreement with them if you're not intending to exercise good faith in the deal. If you're going to do a deal and then violate all of its terms and then do a conflicting MOU between Lebanon, and Netanyahu a few days later, then don't do the deal with Iran. And you think Iran doesn't realize what you're doing? No offense to me if I realize what you're doing. I promise you, Iran recognizes what you're doing and they prepared for it. They are ready to go.

They knew. I'm sure they're surprised that it actually was 20 days before you revoked their license. They knew that you were a deal breaker. They've studied his pathology. They know what's going on. You know, and ultimately, I think I've seen some people go, oh, there's a lot of trolls in the chat today, a lot of trolls in the chat. Look, let let them hear it because I don't think that there's a single thing that I've said today that's like pro the Democratic Party. Have you heard me say anything in my analysis that actually criticizes Republicans, praises,

praises Democrats, reflects on independence that talks about this candidate over that. Have you heard me say anything this whole episode? No, do you know why? Because what's more significant to me than the day-to-day horse race is the truth and the facts. Let the politicians chase us. But we need to get out the truth about what is actually happening out there. that to me is paramount. This isn't, oh, you hate Trump, so da-da-da-da-da.

If Trump did a good thing in Iran, if Trump signed the housing affordability bill, I would have praised it. It was a good bill. He was against a bipartisan bill that I thought he was going to sign. If ultimately he really, by the way, I think the war is catastrophic and unlawful from the outset. But if the dynamic was somehow different, and if I saw millions of people, millions of people in Iran that were not mourning the Ayatollah, but were mourning the fact that the Iranian regime's in control, I'd say, oh, wow, that's what, that's, that's what we've got here. I could extrapolate the data to tell us the truth and why this should matter to you.

If you're a Trump supporter is you're getting screwed. You realize, I mean, you. You're all of this that I've mentioned, it comes back to screw you. Why? Because gas prices are not going down. They're not. Are you a short trader of Brent crude? Is that what you do for a living? Did you short Brent crude? Or are you living paycheck to paycheck right now wondering how you can afford things? And you're wondering, man, the price I'm paying for gas really isn't going down that significantly, but everybody's telling me that Brent crude and WTI prices are $69 about. Well, they're not right now. It's about to go back up to 90. I told you it was going to be to 90. Not because I hate Donald Trump, although I do hate him.

I don't hate him because he's just some random guy. I hate him because he hates you. He hates this country. He's really inflicted misery on this country. If he did nothing and let Biden's economy just run, objectively, you would have had three to four interest rate cuts. It could have opened up a lot more opportunity for people to buy houses. By the way, for people who will care about the stock market, which isn't the metric that you should care about, those rate cuts would have led to some of the biggest booms and gains in the market as well. And far higher than what it actually is right now, right?

And a lot of why there were gains in the first place and why the market was on a trajectory. It wasn't random. It was because of Biden Chips Act, where he invested in a lot of these semiconductor companies and AI companies that previously were all based in Taiwan, and he brought that here. And look at those companies. Their market caps are the ones that went from 60 billion to 1.5 trillion like micron,

and Donald Trump instead brags about gimmicks of micron giving $250 million in philanthropic monies. in philanthropic monies to Trump accounts that they can write off. And now, folks, we are hearing that there are new U.S. is so predictable. I mean, it's so predictable. New U.S. air strikes on Iran. Where do you think this is heading?

Now we're learning about new U.S. air strikes in Iran. It is, sadly, as I said, drunk history, dumb history, but very dangerous history. in real time right now where we are all the victims of this Trump regime's behavior. Behavior. Okay, U.S. strikes Iran? Guess what they're going to do?

They're going to strike U.S. air bases. And guess what they see, that they have the support of tens of millions of Iranian people. I can assure you that their response strikes are not going to be small blips. They are ready for war. And Donald Trump has said, we're not going to do ground invasions.

We're not going to do this. We're about to have a Great Depression. We're about to hit tank bottom. Trump showed his cards. You didn't have to show him. We know how weak those cards are. And I can tell you what's going to happen right now. And it's exactly what I've been warning.

I hope I take no pride in it. It's precisely what we said, precisely break. basically to the day what we said was going to happen, how it was happening, what I was alerting about, and boom, here it is. And it's about to get way worse. It's about to get way worse right now because this is the worst time for all of it. Iran's not going to be like, okay, Donald, we'll do more fake. Why would they do that right now? They're geared up for war. They see the people want war. We'll take our last quick break of the show. I want to talk about these airstrikes. We'll be right back.

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strikes in Qatar even, but definitely Bahrain, definitely in Kuwait. But I think they're going to also send a message perhaps in Qatar. I do not think that Iran is going to hold back. And I certainly expect the straight of Hormuz to be closed officially any moment right now. Here's the message. that we just got from CENTCOM moments ago. U.S. Central Command Forces have begun launching a series of powerful strikes against Iran to impose heavy costs for targeting and attacking commercial shipping crew by innocent civilians in an international waterway. The U.S. strikes are in response to Iranian attacks on three commercial vessels that were transiting the strait of Hormuz. Iran's demonstrated aggression was unwarranted, dangerous, and a clear violation.

of the ceasefire. It actually wasn't a violation of the ceasefire. The United States was in violation of the ceasefire, paragraph five, by immediately after entering the Memorandum of Understanding, trying to open up a shipping lane that was not controlled by Iran when the Memorandum of Understanding paragraph five, whether you like it or not is beside the point. The document is the document. When Donald Trump held it up in Versailles, it clearly says in paragraph five, that Iran is the one who administers the Strait of Hormuz free for the first 60 days thereafter Iran would coordinate with the other Arab nations. The Trump regime said, you know what?

We're going to do what we couldn't do during the war. So we'll say, ha, ha, ha, we got you. And we'll try to open up our lane. That's not the IRG ceiling. And we'll tell ships, turn off your transponders right now, everybody. Turn off your AIS and then just sneak through, we got you. And Iran's like, you know how you say we don't have a Navy? We do have a Navy, okay?

And we have lots of fastboats and drones and ballistics. And we will stop those ships. So Iran announced over the radio frequencies, if you use those routes and not the IRGC routes, we will shoot your ship. We will shoot your ship. VHF Channel 16. IRGC Navy, Sapan Navy, Captain, we have bombed your vessel.

You shall only use routes as approved by the Persian Gulf Strait Authority. Any other routes are considered unsafe. All vessels in your vicinity must turn around immediately or face imminent danger. And Iran made it clear before. That's why it struck numerous ships before. And then the United States would respond by striking areas in Keshim and Syrac and other areas. and then Iran would respond by striking military bases in Bahrain and Kuwait. And then Donald Trump before the July 4th said, all right, we're not going to do anything right now.

We're not going to do anything right now. But then he tried to get ships out through what's been referred to as the Oman Lane. And Iran said, no, we're not going to let you do that. We're not going to let you do that. And Iran struck that mentioned three ships, but we believe it's actually been five ships that have been hit. And so U.S. Sentcom launching these strikes. We've got a map of where they're taking place in Keshem and Syrac in the Hormsgan region in Iran. And I believe Iran's going to respond very powerfully to this as well. You have the United States revoking the general license from Iran as well. And I think Iran's going to say, okay, straight of Hormuzes shut down. So you know how Donald Trump was bragging about the price of oil? He's talking about the. He's talking about the. price of crude, not the price that you're paying at the pump, which, by the way, has not gone down to any significant degree. But guess what's about to happen? What's about to happen is the price is

about to shoot up. And guess what also is about to happen? America is so close to hitting tank bottom in Cushing, Oklahoma, where we keep our strategic reserves. We keep drawing down those strategic reserves. Iran recognizes that right now. What this is going to do is going to have. have a massive hit on our economy right now. And things are going to get way worse than before. And I think Iran's been emboldened by what they've seen at Ayatollah Khamene's funeral. And the funeral for the Ayatollah's granddaughter, daughter, son-in-law, and others. That's the Ayatollah's granddaughter as well, who was killed by Trump and Netanyahu when they blew up the Ayatollah's home,

when a deal was reached with Iran in late February as well. So now we will wait to assess the damage that is taking place in Iran after these strikes by the United States. I can surely predict the straight of her moves will soon be shut down. Not exactly Notre Dameus predicting that. And then Iran will launch a massive attack, clearly at Bahrain, clearly at Kuwait. I think also an LUDD in Qatar as well. I think even potentially at the United States air base in Saudi Arabia.

I think in the United Arab Emirates as well. I think you see a lot of these Arab nations also trying to work with the U.S. to build these pipelines to get around the Strait of Hermuz. I expect Iran to target those as well right now. We're already seeing the price of oil shoot up massively right now. I expect that to go up more. And then I want to remind you yesterday from the Oval, office when Donald Trump said that he didn't even know where the straight of Hormuz is,

the most famous straight of Hormuz. But nobody has ever heard of it, Donald Trump. Nobody's heard of it. We all heard of it. We all heard of it. You know who also heard of it? The family members of people who were aboard Iran Flight 655 in 1988 when American tankers shot down a commercial plane from Iran and killed over 290 innocent people.

during the Iran-Iraq war and never took accountability for it. The deeper you actually go into the history of what's been taking place here, not just even right now, but arguably right now. It's just Donald Trump blurting all the quiet parts out loud and saying, I'm gonna kill your civilization. I'm gonna take down your civilization. All you've done, Donald, is unite the Iranians around the Ayatollah.

If the plan was to do the opposite, if your plan was for regime change, or to break the source, spirit of the Iranian people. It's clear to anybody with common freaking sense that you just did the opposite. And when I see what's taking place in Tehran and come, when I look at these mosques filled up with hundreds of thousands of people, when overall the processions that are taking place in Iran have broken the record for the most people to ever attend a funeral in humankind. Spare me the Ben, you're being a propagandist for what.

I'm just telling you what the hell is actually happening right now. And this is the place that you're attacking right now. This is the place that you think you're going to shoot some missiles into areas in the Strait of Hermuz and break their spirit. You think you're going to break those people's spirit right now? I have news for you. I have news for you that this is the single greatest. American foreign policy catastrophe in history, in history, and perhaps not measured by loss of

life, thankfully yet in terms of U.S. casualties, U.S. casualties, but the escalation trap that Donald Trump so easily walks into and frankly creates and just kind of putters around like the idiot that he is while these consequences impact your lives and people's lives around the world. And to do this during the NATO summit as well, during the Ayatollah's funeral as well, that war returns then. No one wants this war right now in the United States. We don't want to be an unlawful and catastrophic Netanyahu genocidal war. We don't want to be in any of this. I don't want my taxpayer dollars to go to any of this shit. Are you kidding me?

This is not where I want to be spending, you know, when we work, this is why I wanted to be going to health care for everybody and education for everybody, not to slaughter little girls in an elementary school. What the hell is even happening right here? And CENCOM goes, oh, do you realize that Donald Trump bragged that you were pirates, that our proud Navy has become pirates? That's what was the brag. We're like pirates.

We go and take the crude from the VLCCs. You're the United States Navy, damn it. Not a bunch of pirates. And that's what you've reduced the United States to. And now you hit the coast. And you threaten ground invasion of that civilization right there. That's showing up like that. Like that?

Let me share. with you right now, what Donald Trump said in the Oval Office, about not knowing where the straight of Hormuz is and nobody knew where it was. Yes, we did. Yes, we did. Here play this clip. The straight and the famous straight of hormones nobody ever heard of, but it's some, it is a, that is some big money machine. I'll tell you what, when you look at the numbers, Michael. Some big money machine. Would you look at it, Michael? Dell, whose stock went up 4% that day after that. Would you look at it, a money machine?

You know, to other civilizations and to other places. And once the United States, although not under the Trump regime, there was more to life than some transactional short-term, zero-sum manipulation of markets. the Iranian civilization has been around for thousands of years. Learn your history. They view the Strait of Hormuz as integral to their sovereignty, as integral to what the civilization stands for and defends. And you're out there saying the incredible amount of money that we can make in the Strait of Hormuz,

Just saying it like that. And you wonder why you've rallied everybody around the Ayatollah people who perhaps wouldn't have been rallied around the Ayatollah, rallying around. Trump has a unique ability to unite people against him. But sadly, it's against the United States. And we live here under this fascist regime, this reckless militia. unprepared, weak regime right here. You believe this is an existential battle, Donald? You threaten ground invasions,

and then you enter into ceasefires after threatening to destroy civilizations in Iran, and then you think you're just going to pepper some strikes on the coast of Iran and it'll be chill? I got news for you. I got news for you. Every damn day you are systemically breaking and destroying the American economy, the American people's standing internationally.

It is a true humiliation. That's why I said to everybody, too, This is not Democrat, Republican, independent, political party, political party. I'm just speaking the truth and the common sense. Donald Trump yesterday threatening to obliterate 91 million Iranians. They heard that. You said that during the Ayatollah's funeral, threatening to kill 91 million people, acting like you're still working on the deal. The deal's done. It's the MOU. Well, that doesn't exist

anymore. 20 days. Technically, Trump started breaching within 24 hours, but it's gone. Here's what Trump said from the Oval Office. Let's play it. I think we've got that clip. Do we not got that clip, Jeremy? It's in the Oval Office where Trump talks about 91 million people. Do we have that clip? Maybe making a deal. I don't know. We'll make either, look, we're going to win one way or the other. We're either going to make a deal or we're going to finish the job, okay? And it won't be tough to finish your job. I'd rather make a deal because I don't want to affect 91 million people. We can knock down their bridges in one hour. We can knock out their energy supply, all of those big plants that they built, big, beautiful, modern plants, they had a lot of money. They don't have any money now.

We haven't given them any money. But we can knock out their electricity and power generating plants and I would say a small part of an afternoon. Every plant will be gone. And they know that. I hope you're happy, Michael Dell. I hope it was worth the money. Michael Dell standing back there looking like the freaking Adams family behind you. That's what it looked like to me.

As Donald Trump says things, that'll be your legacy, Michael Dell. That's what people will remember. Images like that of you, of your wife standing there. Future generations of DELs will remember that more than anything you've done about making money, more than philanthropic money into Trump accounts. People in the future will remember you in that Adam's family scene behind Donald Trump, right there as he threatens to wipe out a civilization as people like you, Michael Dell, and your wife standing there help destroy the United States of America for what?

4%, 5% of your stock price going up? That's what people will remember you for, images just like that. Seriously, how dare you and your betrayal of our country? We know that Donald Trump and Herman Munster behind him and Ted Cruz and everybody, we know we know who they are. We know who they are. It's people like you during this moment who truly were the enablers, who were the people who aided and abetted this type of behavior as well. And I look to people who I once respected as well, like Mark Cuban, who I've seen in the Oval Office also like that. I look to people who I once respected as well, other business leaders, who I saw not just bend the knee, but normalize this madness, this madness that will result in devastation for future generations.

You have Donald Trump also in that Oval Office press conference as he spews that nonsense. As he's out there talking about nobody knows the straight of our moves. We're doing very well with Iran. We're just not getting good coverage for it. We're doing very well, everybody. He's just a con artist. He's just a scammer. We're not doing very well in Iran.

We lost the war. We lost. Hundreds of billions. They have more money than they've ever made. You can play the clip. Hundreds of billions. They have more money than they've ever made. And we're doing very well.

We paid for the war many times over. And then Iran, we're doing actually equally as well. We're just not getting the kind of coverage that we should. But we have eviscerated them military. The bottom line is our country is strong. We have the greatest military anywhere in the world. I was with presidency. What we're seeing as well is several fast boats operated by the IRGC were targeted in the port of Surique,

meaning that it seems the United States killed some people as well in this strike. Explosions from U.S. strikes are heard in Surique, Bonder Abbas, as well. Kesh and Milder, also. also, and we're seeing photos right now of these fast boats that are being operated by Iran, they're being struck. I have zero doubt that the Strait of Hormuz is about to be shut down and oil will be over $90 very soon. Very, very soon. And here's the thing as well. And this is where Donald Trump screws even over the people in his own inner circle. You know, they were, they were shorting the hell out of crude in order to try to manipulate that market.

And they're about to get squeezed. And they are about to get all those people because oil's about to shoot up. It's going to be 90 bucks by this evening. I mean, right now it's already in the 80s. It's going to be 90, 95 bucks. Straight's going to be closed. Iran's never going to open. Do you think they're going to do a deal again?

The MOU's done. Iran has gotten their 50 million barrels or 75 million barrels out that they were unable to get out a lot of it during the blockade. They're prepared in Iran right now for about 18 more months. I think now because they got all their oil out. They sold it. They knew that this MOU would fall apart. This is what I've been warning, that they were preparing for that. So they were ready for it.

And so now they can probably wait us out 18 months. And so what's the Trump plan here? You're going to do ground invasion right now? You're going to do ground invasion? Show the overhead of calm, the funeral procession, Tehran. Pull that up, Jeremy, just the photos of. the funeral processions that we see. You're going to do a ground invasion? Yeah. You're going to do a ground invasion? Yeah, that's your plan. You're going to do a ground invasion of that, really? That's the game

plan. You're going to, you're going to send U.S. troops there? Yeah, you're going to send Americans there. You think those people are going to view our American troops as heroes? By the way, who is going to going to even let you use their airspace at this point. Netanyahu's Netanyahu's dream come true right now since the MOU. Netanyahu wanted this MOU not to work at all. This is a dream come true for Netanyahu. Who's going to be? Who's who's on your team right? NATO? Who you're threatening while being at the NATO summit in Ankara Turkey? They're going to want to join this. They're in?

That's who you think wants to help you. Who's going to help you? The group that I've been referring to as the Islamabad Quartet, Pakistan, Qatar, Saudi Arabia, Turkey. Do you think they're going to want to be involved in a, the war right now? I can assure you, pull up the image right here of these fast boats that were operated by the IRGC that the U.S. targeted. I can assure you that if you killed anybody in these attacks, Iran is going to strike back hard. And guess what? They have their missiles. They have

their Navy. They have their drones. They have all of it. Buckle up. War is back. war is back because we literally have the dumbest and most dangerous people in charge of the United States right now we literally have the stupidest most idiotic genocidal maniacs running the United States right now and everything we've seen here was so utterly utterly predictable utterly predictable and sentcom's post U.S.S. Central Command Forces we've begun launching a series of powerful strikes

against Iran to impose a heavy cost for targeting and attacking commercial ships crewed by innocent civilians in an international waterway. Shut the hell up, Sentcom. Don't enter into the MOU. If you want to go to war, which by the way, I don't think you should, It's a catastrophic and unlawful war.

Then just shut up, shut up and stop turning the Navy into a bunch of pirates. And you want to sell that to the American people where the casualties will be in the tens of thousands? Don't act like, oh, we're doing a powerful cost by hitting areas in the Strait of Hormuz. And we're going to hit some. No. you're destroying the lives of the American, you're toying with the lives of the American people and you're making people suffer.

Gas prices are going to go through the roof. Inflation's going to continue to soar. Markets are going to crash right now while Donald Trump's there waddling around like a cognitive and physical deteriorating thing in Ankara Turkey while talking about taking over Greenland.

Enough is enough. Look at this fool. Seriously, look at this fool. How does any American, look, I would much rather take J.D. Vance over this thing. The hell do we have here with this thing? You know, it's, it's, it is truly a,

a failure at every level of our system. From the media, political accountability, and by the way, I'm looking at Democrats as well. Don't think I'm like, oh, the Democrat, you know what? You stand up to this fascism right now and you can't equivocate during these moments at all right now. I'm not even, I'm not speaking as a political species. I'm speaking as a freaking American person right now. And I look at that thing, waddling around Ankara Turkey as he threatens invasions of Greenland, as he attacks NATO, as he recklessly and maliciously brings us back into war with Iran that no American wants to be into.

So he goes, we're winning. We're winning everybody. We're the Iran's navy is destroyed. Oh, look how great I'm doing. They're begging for a deal. They really love the deal. They're begging. They're begging me.

Guys, guys, they're begging me, everybody. They just, they're so begging. And we've destroyed their Navy. And we destroyed their satellites. And we destroyed their radars. Guys, we destroyed every. They're begging for a deal. They're begging for it.

They're begging for it. No, they're not. They're really not. They're really not, you idiot. And you just got the United States into this horrific war again that I don't think anybody should have thought that we were out of. Attacking Keshem and Syrac, the Hardman's got region. During the Ayatollah's funeral.

Yeah, straight different moves is getting shut down. For sure. For sure. it is truly truly i mean you know like you think you think to yourself how bad can it be how much damage can one person do to the united states of america i mean i think that this exceeds i think this succeeds some of the worst expectations about how you dismantle and literally ruin and destroy everything. Jeremy, do we have video of the Iranian processions of some of the people who are out there, some of the people, the millions of people who are out there? Do we have video of some of those processions that we can just throw up that's not be real?

I just want to, how many clips do we have, Jeremy, of what's going on? Okay. Let me share with you. I want this episode to go a little longer as well right now because of the breaking news. I want to gather some of the updates for us right now because we're back at war. We're back at war. Again, a war that none of us want to be involved in. against

against Iran when we've seen even what's happened. And by the way, we didn't need to see these images to know we shouldn't have been in this catastrophic war. But this is who Donald Trump right now is getting us back into a war with. Let's play clip number one. Let's play clip number two. Let's play clip number three. Play clip number four.

According to Trump's personal stenographer, Iraq Ravid, tonight's U.S. retaliatory strikes against Iran, targeted air defense systems, coastal surveillance systems, surface-to-air missiles, anti-ship cruise missiles, drone launch sites and port facilities in southern Iran. I've got a video as well. I'm going to share with Jeremy to pull up the video that we're about to pull up. Fire seen burning at the port of Shaheed Hakani in Bondur Abbas, southern Iran, following tonight's wave of, I'm not calling him retaliatory strikes. That's just, you know, it's like retaliatory preemptive.

That's just not what's happening. Okay. since this MOU was entered into, it's been sickening for me to watch how the U.S. violated the MOU and starting right away. It was sickening as someone, and I think part of the sickening realization

was also me reflecting on just more historical context. And I'm like, perhaps this is how we always were. but because it's happening in such an obvious way right now and Trump is so flagrant and dumb and stupid and transparent about it. I'm like, did I, you know, I must have previously bought into a lot of the propaganda that was being spread by Trump, Netanyahu and others. I mean, I'm talking about as like a younger person as a younger person when you would hear all of these things about Iran and this and that and that and that.

And then when I'm able to assess the video and look at it and observe the behaviors and be objective and say, okay, well, it seems that, you know, it seems like we're the ones acting in bad faith here. I mean, we're something like we're the ones who are continually violating it. I mean, obviously, if you do an agreement where you basically say Iran's going to administer the strait of her moves, and then you try to open up your own lane, which you couldn't do during the war, and you try to use the ceasefire to attain things that you didn't during the war, it's like, okay. You didn't win the war. Then when Don's, we won the war, we won the war. You didn't. We didn't win the war. Why are you bragging that we won a war that we knew what?

We lost the war. And by the way, okay, we lost the war. You don't have to win every. You don't have to pretend to win everything. You don't have to I want, I want, I want, I want, I want. Okay, you know what? We shouldn't have gone involved. It was catastrophic.

I don't mean to downplay how horrific it was. But okay, you lost. So don't learn the lesson from it. Learn the lesson from it. Don't fall into a perpetual escalation trap. The thing is, when you look at Donald Trump's behavior in his whole life, it is one massive escalation trap that results in bankruptcy. That's his businesses.

That's his meme coins. That's COVID. That's everything. He's, he can't do a deal. He can't actually, he can't get a thing done. He can't do it. He can't do the damn thing. He frauds and then he blames, but he can't do the thing.

And so if there was any fortunate thing during COVID, it's that he lost the election and that it was able to be handed to Biden, who was blamed for all of the stuff that Trump did. And then, you know, our system and also, I think the weakness by the Justice Department of the things weren't able to do what it needed to do to hold, you know, a prior criminal regime accountable. There was this breakdown of the Supreme. I mean, I could go on and on and on. I'm not doing the full diagnosis here yet, you know, but you get it. but now we have two and a half more years of this two and a half more and he's never going to be able to solve it because he's not a solver he's a destroyer he's a troll he's someone who looks at something he mocks he makes fun of he calls maloney a stalker he lies and says

he can't resolve anything and he's demented Like he's truly a demented figure who goes, yeah, I'm doing great. I'm doing deals. I'm a good deal maker. You know, it's like, dude, shut up. I mean, truly a pathetic thing in the, it's just, it's just a grotesque thing in the Oval office who's not smart, who blabbers and lies about every damn thing. Let me show you right now.

Fire scene burning at the. You see you right there. Kind of chop me off right there as well. But I think you can see right there. So I want to get us more data. I'll probably, of course, report live tonight as well. You know, more Israeli drone strikes in Gaza as well taking place. Obviously, I've been covering the Israeli strikes.

in southern Lebanon as well. These strikes by the United States on Iran do seem to be significant. I expect Iran's response to be significant. Play the B-roll so people can see what the sites look like right there. Yeah, I expect Iran's response to be very serious. I expect they'll shut down the Strait of Hermuz. I expect oil to be $90 to $100. again per barrel very soon. I expect Donald Trump to then say, we're done, we're done, we're done. Iran's not done. And Iran's been emboldened by the funeral as well. I think they knew it would be a large crowd. I think that they're probably even surprised isn't the right word, but I think that they are emboldened by the crowd sizes that they've seen come out for the Ayatollah right there.

I think the message that that sent the rest of the... the world. They're going to continue the processions in Iraq, the Shiite communities there. Iran can also shut down Bob Elmandab straight. Like, let's not forget that in the Red Sea, right? We're talking Persian Gulf. Iran never played its Bob Elmandib card, which it can play. It wouldn't shock me if they play that card as well. Because they know, I mean, the thing is, Trump showed the cards. He doesn't have them. The U.S. doesn't have. We've depleted about 50% of our inventory of missiles, of interceptors. We've, you know, Trump has described how close we are to a global

economic depression. And that's why he had a rush into the MOU. J.D. Vance has talked about the reason we did the MOU was to replenish the stocks, referring. to our oil stocks which aren't replenished, which aren't. We're depleting our oil strategic reserves in Cushing at a huge, huge number right here. And so now we wait for more information about these strikes. Now we wait for Iran's retaliatory response, which I believe is going to be massive. and here I'm going to show you this is how it's being described by a U.S. official. A U.S. official calls tonight's strikes on Iran punishment, not proportional,

and it won't be over for a bit, that our intention is to punish Iran. It's also the language of a predator. It's also the language of a predator. You're going to punish them? Okay, well, they're going to punish you. They're going to punish you, and they're going to punish the American people. Who does this benefit? Netanyahu, who else does this benefit?

Who is winning out of this? How is this winning? Here, pull this up, Jeremy. Iran's Shahid, Hagani, Port, and Bandar Abbas is ablaze, and the official statement from the U.S., punishment not proportional. Okay. Well, you'll see what the response is from Iran. Punishment, not proportional.

And we'll see how that impacts the American people who want no part in this. And then when the American people see, okay, well, you've been saying, everything's going good, it's going great. Iran doesn't have a Navy. They don't have a military. They don't have everything. They don't have everything. Things are spiraling out of control, by the way.

Has Russia's invading Keeve with ballistics? And Keev doesn't have, and Zelensky doesn't have the interceptors. I mean, you're seeing war rage across the world right now. And this is what happens when you put in power somebody like Trump. Show the photo, Jeremy, if we've got it, of the fire scene burning at the port of Shaheed. Akani in Bandarabas. That's what it looks like in Iran right now during the Ayatollah's funeral. That's what it looks like. And the response from U.S. officials, punishment not proportional. And then what they said when they revoked the general license to Iran, which is as President Trump and

the administration have repeatedly affirmed, the MOU in effect with Iran, is entirely performance-based. Iran will only reap benefits if they exhibit good behavior. Okay, that's not what the MOU says. And any responsible media outlet, which doesn't exist, should be explaining to the American people that the MOU is actually the inverse of that. The only time Iran was required to give is when the U.S. performed.

If you look at the MOU of how it was structured, the U.S. had to unfree sanctions, give $300 billion, which then Marco Rubio said we're not even looking at doing. They had to ensure a permanent and enduring ceasefire in Lebanon. They had to allow Iran to administer the Strait of Hormuz. They had to unfreeze close to $13 billion in sanctions against Iran. And then when those things were accomplished, based on the good behavior of the United States, States, then Iran would open up the nuclear file for negotiation when the JCPOA under the Obama administration did the exact thing over a decade ago. So it was a good behavior. I mean, I'm not,

again, I'm not saying, I'm not like, it's not that I'm cheerleading on Iran. I'm just letting you know the MOU was a good behavior test for the U.S. Not a good behavior test for Iran because the U.S. lost the war, and Trump and Vance begged for the deal, and Iran structured the deal in a way that was advantageous for Iran. That's what the deal was. And the U.S. proceeded to violate it at every point in time. Then the July 4th weekend ended. Iran is holding its funeral processions. Donald Trump's at NATO, bashing NATO allies, and now war is back. And again, people have been so lied to by corporate news, by the Trump regime, that this may come as a surprise. This ain't a surprise.

This was the inevitable result 20 days into the MOU that this was going to happen. And let me be the bearer of bad news right now. This is what will be happening for the next two and a half years. And it will be getting worse. And Trump will fall deeper and deeper into escalatory traps. And he will get deeper and deeper outmaneuvered by people who, one, view this as survival of their civilization. Two, that are being run by PhDs and very intelligent people who are strategizing. They're not the cavemen that the Trump regime pretends they are.

Trump is the caveman that he accuses the Iranians being. And rather than being in a cave, he's in his freaking junkyard in the White House that he's turned D.C. into this literal cesspool while he just, blah, he's what I do you do like. Blah, Georgia Maloney. Blah, I'm this. She's a stalker. Blah, I'm going to post this.

look at Obama Democrats. I mean, it's dumb. It's dumb and it's dangerous that you have somebody like that who thinks I'm the best at nuclear because my uncle John was an MIT professor, so I know more about nuclear than anybody. Really, you think you know more about nuclear than the nuclear physicist in Iran?

You know, Pazeshkian, who's the president of Iran, is a cardiovascular surgeon and one of the preeminent physicians in Iran. You know, M.B. Ghalababh is a Ph.D. who actually fought in wars and has a long history of nuclear negotiations. You know, Foreign Minister Araghi of Iran actually wrote the preeminent negotiation book that's used by foreign ministers across the world and actually has a developed plan. And now you see the Iranian people right there showing their solidarity with the IA, while Donald Trump is puttering around NATO talking about invading Greenland. You wonder why Canada bought submarines from Germany.

You wonder why NATO bought the AWACs from the Saab Bombardier group and not from Boeing. You wonder why people are moving away from the dollar. wonder why you've destroyed generations of stability for generations if America can ever rebuild out of this. And I don't mean to leave us on a down note. I don't mean to leave us with this question mark of what's happening. But I do want to leave us with a understanding that truth matters and that every step of the way, I hope you've seen that in a nonpartisan way, the reporting here has been spot on, precise, predicting exactly when this was going to happen. And I take no pride or pleasure in it because what that means is the United States is back

at war. What that means is that more people will die. What that means is we fall deeper into the escalatory trap. What that means is the markets crash. What that means is that things become far less affordable for you. Inflation surges. What that means is that we're heading for a great recession, which most Americans are already in. What that means is when Donald Trump says, I don't want to be Herbert Hoover because he was a great depression.

You know who says things like that? People who get people into depressions are out there saying, I don't want to get it to a great depression. You don't go on an airplane and your pilot goes, I hope I don't crash this thing. You don't go into a surgery and you're surgical. I hope I don't screw up. My hands are a little shaky.

I don't want to be that kind of surgeon. No, you don't have former President Obama. I hate to be the guy who brings us into depression. I don't want to be that guy. Folks, folks, folks. Truth matters. Isn't a pro-democratic message? This isn't a pro-Republican message.

This is a humanity message. And I see someone saying Zara. Yeah, that's the granddaughter of the Ayatollah who was killed by Trump and Netanyahu. You may have seen or heard. heard my daughter enter the house about 10 minutes ago. When I see the photo of Zara, the Ayatollah's granddaughter, who was killed by Trump and Netanyahu, do we have that photo, Jeremy, of Zara, the granddaughter of the Ayatollah who was killed, she looks very similar to my daughter, Jimena.

and I see the humanity or the inhumanity in all of this. I don't see this as, oh, I hope the Democrats do this, or I hope the Republicans do that. Like if you wanted to come to a YouTube channel that wanted me to give you, well, I think the Democrats need to do this because this is how the Democrats win. And here's what we should do to the Republicans and we should be more like this. Sorry, sorry, not the channel. I want to focus on how we fight for humanity. And if the Democrats want to be better,

spider for humanity, good, but stop the bullshit. That's what this channel's about. Fight for humanity. Fight for human beings. Fight for decency. Fight for that. That's what I'm fighting for right now.

More than, oh, you know, I hope this. Yeah, I mean, I believe we're run by an incompetent fascist regime, so I'd like to see them out of power. I'd like to see investigations take place. I'd like to see some lever of accountability. I don't want our Congress to look like the Duma in Russia or even worse. It's so pathetic.

It's not even in session. It hasn't even worked a single freaking day. But this is a humanity channel. And I am livid right now. I'm livid at these predators in the Oval Office, these predators who have just inflicted yet again. catastrophe, calamity. For what? For what?

For Michael Dell and the Adams family behind Donald Trump? So the stock price could be manipulated 4% here, 4%? You know what? In the long run, you just screwed it. See what happens to this long term at this point. Angry. Angry. there you have it i'll be back well i'll do some videos now i'm going to uh knock out a video on

on the update it's just it really uh you know it's as someone says i totally feel you've been livid it's sad i i it is it is it is it is sad the damage and destruction by this regime all right i'll leave you with that i'll see you next time bye to stay plugged in, become a subscriber to our substack at Midasplus.com. They'll get daily recaps from Ron Filipkowski, add three episodes of our podcast, and more exclusive content only available at Midasplus.com.