Michael Steele: The King of Debt Is Blowing Up the U.S. Economy

I'm Theresa, and my experience in all entrepreneurs, started with Shopify.

“I have a lot of problems, but the platform is no one from now.”

I have the feeling that Shopify has its platform continually optimized. All it is is super simple, integrated and useful. And the time and the money that I can't invest in on it can all be invested in everything. Now, the cost-lost test of Shopify.de. Welcome to the board podcast. I'm your host Tim Miller, delighted to welcome back one of our faves. He's co-host of MSNL's The Weeknight, which airs Monday through Friday at 7 p.m. He also was the chair of the Republican National Committee Lieutenant Governor of Maryland.

It's Michael Steel. Oh, so baby boy, how are you doing, man? I know it's Friday, so we want to end with the fun stuff. I just want to start with like, you and me have to kind of reflect. I'm excited, right? I mean, you know, we're actually talking to him already. Okay.

“We are never Trump from the jump, you know, and we warned people. We said that we don't think it's going to go well.”

You can't trust this guy. And I don't know about you, but I was laying in bed last night thinking maybe I was wrong about this. I mean, things are going so well, the economic situation is good, you know, foreign affairs, geopolitics. We're going to have a nice new ballroom. Yeah, you know, make it an arch in the middle of the city. I'm loving the arch to Trump.

Yeah, I love it. We make it an arch to Trump. Are you starting to have any doubts as well? Are you just going to look at the landscape out there thinking, man, this guy's knocking it up. Yeah, you know, I thought about that too, Tim, and I thought about it a lot. And I came to the conclusion that I'm the only one who's got his shit tight.

[Laughs] The resident of us, they don't know.

“I have no idea what the fuck they think they're doing.”

But they have ruined a once-great party. They are in the throws of taking down a great nation.

We don't need to make this country great again because we've always aspired to be great.

That is what's made us. Great is the aspirations of generations of individuals who wanted to be Americans. And this iteration of the Republican Party, this leadership from Thune, who I always admired and enjoyed working with over the years, to Mike Johnson, who was the Backbentcher's Backbentcher.

I mean, backbentcher didn't know who the fuck he was, so that you had that. These guys, for the grift, the graft, the bullshit, the lies, the culture war that is utterly meaningless, sacrifice to great nation. And at the end of the day, I put it on us because they are reflection of the American people.

70, at least 70 million of us decided, let's do this shit again.

After everything we knew, after everything we saw, they got hung up on the cost of a piece of bread, or tank a gas, or whatever bullshit they wanted to make up about Joe Biden that they didn't like. Yeah, he was old, but Donald Trump was just as old and actually in worse health. Now, folks are sitting there, I go, I just didn't know. I didn't realize, "Bitch, please, we told you I asked back in 2013, 14 and 15.

We watched Markle Rubio get his ass handed to him on a stage in 2016 by Guy who was at 2% in the polls at the time. So, yeah, 10 here we are. Let's get started. I'm still in it. That's because I'm high on something I should sell whatever it is because.

Yeah, let's get started to review. Yes, I would just say we warned them all, but I don't know about you. I want to come on and just kind of do a victory lap and be like hell, yeah, I was really right. And I was right, we can just just kind of say that I was right. And I do like to text my Mac and friends sometimes and remind them that I'm right when I wake up in the morning and I'm feeling a little feisty.

It's kind of even worse than I thought, like the scale of destruction, we'll start with the economy.

We're facing a real shock that's probably beyond what we can imagine at the moment.

“And she lists out helium and all these other commodities and she basically says she thinks that the markets have not even come close to pricing in the damage that's coming and that the cost of goods globally is going to skyrocket.”

You would have thought that would have been the one to steal from JBL, the one stove that he wouldn't have wanted to touch. You know, like it was the one area where I was like, you know, I can do all this other stupid ship. I can steal money. I can have the middle Eastern Sharia states pay me off and crypto currency. I can make my wife can have a coin that we can, you know, rug pole stupid people with you know, I can I can do what I can build my arc to Trump. I can do all these things as long as I don't fuck this one thing up, which is making everybody's lives worse, tangibly financially.

And he's doing it. He's doing like the one thing and he's doing and he's like, what are you selling it? It's like 10 more days. We got 10 more days. We're going to keep this thing close. No, no, we're here 10 more days. The straight is going to be closed. We'll check in with you. We're going to be surprised. The man can roll my car. I mean, I just surprised is I'm like, I thought he was the stupidest guy in the world that he's being even tougher than I actually did. There's this. There's nothing. Anything in Trump's business model that says success. He wasn't a developer.

I mean, this was a guy who put his name on other people's shit.

“And that's what he's doing now. I mean, there's nothing about Donald Trump that was why his daddy told him you don't go to Manhattan and stay here in Queens.”

You could be a king in Queens. There's nothing about him that has ever said success. It's a university, stakes, casino, you know, properties. I mean, it's just it's all at all ends at bankruptcy. It all ends in someone else paying the legal bills. It all ends in someone else carrying the full brunt of his destruction and what makes it work. This is going to be the case study for sociologists. What makes it work is that I classify him as the PT Barnum of our country.

He knows your sucker and he plays you for one and you allow it to happen. You see it happening in front. You see what he's doing. And you're like, yeah, I want that. You want to be a part of that. You look at the people in his orbit who protect him and stand around him and we'll defend him to the day. And this man don't give two shifts about any of them. If it meant that he could get one more crypto coin, he'd get one more sidepiece, human or otherwise.

And in the reality, the reality is, we fall for that. We fell for that.

Despite the warnings from the I worked with Trump in 2013. No, thank you very much. No. This ain't right. This doesn't even pass any smell test in politics or business.

“So, you know, that's why at the end of the day it rests back on us when we look for something.”

And we think we find it. And then all of a sudden you realize that ain't it. There is a hubris. There's a pride. There's a whatever you want to call this. Oh, I just can't admit that I was wrong. No, you can say I talked that out. I was wrong as hell about that shit. I mean, come on. If you are a father of a 12 year old girl and in 2016, you're sitting there watching a video tape of a grown ass man who wants to be president. And in this country, we tend to hold up as a role model example. And he says he loves to grab women by the pussy.

And you're going to say to your daughter, I'm voting for him. Yeah, well, I think he was like that dot that was the guy that got grabbed, I think. You know, you mentioned about how he bankrupted everything. Something I haven't been able to get to this week.

You know, there's a report about how the treasury, we have our balance sheet, this basically in solvency for the country right now.

The treasury is broken. Treasury 30 year yield this morning is up to it's about a 5% highest instead of 10% so just like the cost to everything. I was talking to my friend that owns a local pizza joint down here in New Orleans. I just bumped into on street yesterday and he's just talking about the cost of everything. And it's like, imagine you're a restaurant owner right now. Like you own an actual business. You own an actual business. Okay, you dealt with this 2022 inflation shock that was like kind of out everybody's hands.

Okay, then trump gets in you get you get this nut punch from the tariffs.

“You know, depending on what kind of ingredients you got labor costs are up because of a tightening market.”

They're bragging about how in major cities now a population is down. Net migration is out. They posted a bragging about that this week. So labor costs are up. You're rent mortgage is up. Like that was already high and straights are high and like that those are now going back higher.

It was finally coming down. It was like the one thing he was doing to alleviate cost was like bullying the friend.

And the economy is so shitty that eventually like interest rates are coming back down.

“Well now expect that up interest rates are back up against your mortgage is up or if you're renting that person you're renting from mortgage is up.”

And now on top of that, it's just like here we go global energy shock. Price everything's up, everything's up.

This we're just at the start of this but I don't think that people have like just accepted internalized like the scale of the economic problem.

Can I put an exclamation point with all kinds of you know red flags around what you just said because what what makes the description of the economic landscape so daunting is you're talking about right now. If you are business man or business woman an entrepreneur you're going out you're looking downstream you're looking at what you're what you can afford three months from now. And when you see tanker sitting in the in the straight or moves not moving when you see supply chains weakening becoming more expensive for the things you need from tablecloths to.

To the the food that you will serve people in your restaurant. All of a sudden you're looking at your margins and you're going well in the restaurant industry the margins are already so paper thin that any type of shock. Has a direct impact on your ability to stay open and to keep your staff. And so where do you think we're going to be when we get into the throws of summer where do you think we're going to be in the fall. Because all of those are are lagging indicators this isn't this isn't you know real right now this is all stuff that's going to be coming home to roost in two three months in the next quarter in the next two quarters.

That's where you that's where you're going to run into the shot it's not like gasoline and this is where people get confused. Okay gas prices go up you know a dollar today get I mean you know a barrel you're going to see that the pump tomorrow morning. Right even though that gas itself or that you're going to that gas station has been in the ground for 30 or 60 days right you're going to pay the high price right now that's not how works for the restaurant industry that's not how it works for the retail of that's not how it works for the wholesaler.

Right and and so because they don't know what that price is going to be because they haven't gotten it off the ship yet.

“And that only that they don't have a plan I was laughing this morning only pull this up they're talking about a reconciliation bill now because it's the only thing they can do where they jam stuff through on 50 votes.”

So I was looking in punch ball like what they plan on putting in that you know and and given that economic issues that we're facing right now you would think that if they're going to jam in one more thing that they would have some kind of plan to ease affordability costs right when it's the biggest issue everybody cares about. No, here's the list of things that they want to do with our reconciliation they want Iran more funding. Okay, they want ice and CBP funding the Save America Act which is about trans kids sports and making it harder to mail invoting and they're hoping that's a party line vote.

So that's that's the plan right now the plan is not hey we understand that we that this war happened and it's causing pain for you and we're going to we have this plan for relief whatever it is. You know they're a lot of different economic levers you could pull they're they're saying none of that now what we're going to do is we're going to take more money from you. And we're going to put it into the stupid war and we're going to give it to the ice and you have the largest budget in the world. Right and then and then on top of that we're going to make sure we're just going to make sure it's as hard as possible for you to vote.

And and that we deal with the only pressing issue that we feel is we need to deal with this year and that's trans right because that is the most incredibly important thing that you know the farmer in the middle of I was really concerned about is he's looking at his soy crops whether it's going to blame it on the trans kids they that's that's basically what the Republican party wants you to believe.

That's what they're saying they should don't fit in the reconciliation that's not how reconciliation bill you can just kiss shove anything the parliamentarians going to lose her mind.

Let me see this.

“Yeah, so let's just explain this to people's okay.”

So we've had this day just shut down for a while now the Democrats have been offering the rest of the country S.A. female.

Okay, Trump's been saying not going to be that deal not going to be that deal yesterday.

I don't know one of his buddies was waiting too long in line at the Miami airport and called him up on the phone and he was like fuck it fine, okay, so that he changed his mind he's like we'll do the same Democrats been asking for for weeks. All right, he said he said I'll do it executive order and then somehow a couple hours later they're like whatever will just do it by unanimous consent in the Senate, but that's right the Democrats have one a second straight shutdown so kudos to them and they've passed that three unanimous consent in the Senate.

“The house has to deal with that is going to be a little bit more complicated.”

This isn't a congressional nerd podcast, but needless to say if you're flying this weekend you're still in a boat with her we'll see the house has got to figure this out maybe probably Monday.

And what's left is the ice and CBP funding and every year you get this thing called reconciliation we talked about this last year where it's a financial vehicle for funding the government right like you can pick a number and say hey. We're going to add another trillion to the debt we're going to put these things in reconciliation the parliamentarian as you mentioned looks at it all and says hey is this going to add up to one trillion and if so you it's a way around the field us basically you can do it on a party line vote in the house in the Senate and you're not supposed to do.

You know the Democrats couldn't have put in I'm going to make DC a state inside the reconciliation right it has to be a financial you know tax and spend type issue. How are they going to get the Save America act in there as a tax and spend issue do they actually care about this do they know the votes for this I don't even think they have the votes. I don't think they have the votes for it. I just think it's crazy giving like the scale of domestic disruption and they're like we got one card left to play here with our records.

And it's like we're going to do mail invoting trends youth and funding. That's that's every last one of them need to be unelected folks there there are threat to everything I don't mean look. You I don't care what you feel in our about the country on this day or that day at the end of the day you want a country to to be there tomorrow and and the fact of the matter is you're we're not handing that off to these are kids and certainly not to our grandkids when you when you have this kind of disregard for the process the rules.

The idea of a Congress that is a check on executive authority a Supreme Court that is a check on both congressional and executive authority. When all that is fundamentally of no value to you anymore. This is what it looks like and I'm telling you it looks worse. Steven you think Steven Miller if he gets his way on this save America is just going to stop you think that's son of a bitch is just going to stop when you know they have rounded up.

“100,000 more immigrants now a bitch they come in for your dumb ass next that's the problem that's what people are starting to figure out that everybody is on the menu in this world.”

Donald Trump wants to remake Washington is in his image for a reason he float a shit what a few days ago he posted a little thing well you know I deserve a third term because they stole my second term bitch you in your second term. What are you talking about and how dumb are we to fall for that. All right y'all spring is here I'm a social butterfly you should look at my calendar. What am I sleeping if you if you're noticing my aging it's just because I got too much to do you know I need human contact I can't just sit up here in my podcast hole talking to you guys and screen I got to get out there and you know if I'm going to be out in the streets you want to update the wardrobe.

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Let's talk about the third turn thing for a second this is Franklin Graham at CPAC yesterday and I love Donald Trump is he perfect.

No, but I love that guy. I love him and we'll only have one chance at this we'll never get another president like Donald Trump never.

“And that's why it's important that we do everything that we can to try to get him reelected.”

So maybe I'm wrong about this okay so I want to be scared but I don't know I look around at this and to me this is this is like the last gas of a dying movement to me it's just like I don't the third term stuff a year ago was having me. I was locked in on this I was like I don't I didn't even like the jokes I didn't like the people joke to about it as if this is on serious this guy's going to try you look around at the wreckage right now. You have this dotoring netbo baby even jellicle pastor speaking to a to a CPAC that's like totally desiccated run bag guy that has sexual assault allegations against him Trump isn't even showing up right joking about it now it's like I don't know.

I mean we should be vigilant but is pointing and laughing at this more of the correct approach or being scared.

“I think I think you point and you laugh with fear in your voice because you need to be I mean yeah okay that's CPAC but then there's turning point USA.”

Okay which is going to have three times the people showing up we're going to be much more like raw raw let's go get them you know I love the KKK bullshit and so I think that you've got to be. vigilant about all of it because that's the sucker move to get you to think it's not dangerous to get you think the problem is has recessed look I grew up watching DC and the one thing I learned about cockroaches is that they hide very well. Right you think you think you've eradicated the problem now you have it still is still going to be a problem and it may not rear itself up right now because they know you come and after them.

“But when the table turns and it's on their turf and it's on their time it's a different matter and so you just have to be you have to be vigilant you have to continue to use the but spread.”

You know you have to continue you know I'm with your adventure I know I was with you on all that this movement is a good anywhere I did the just the truck third term element in particular. I just hit me yesterday when I watched the Franklin Grand thing because I'm just I'm only speaking about my own feelings you know you can only know. You can only know it's happening inside of you but when I had to try to joke about that when you put the hats on earlier in the year I was like this is fucking bad this is bad I watched that Franklin Grand thing and I was like.

This is sad because remember 78 million people put him back in power what makes you think 81 million people won't give a give him a third term.

I mean because I mean I mean I'm just saying yeah start I mean kids it look is that gonna be. Right but when you live in it when you create a grievance bubble and you pack as many Americans inside of it as possible. Yeah this is what you get people people want people to to to put a sav on the pain that they feel that our elected officials aren't doing that they're not trying to be honest and say. Hey this is this is the cost of solving this problem these are things we have to do collectively culture wars a bullshit because guess what immigrants aren't going anywhere they're always coming just like your great grand daddy got here and your grand daddy got here.

The the next generation is coming so you know you're not going to be able to hide from the world so why don't we place ourselves in a right way in it.

As we've always strive to do no one's having that conversation so if till if all I want to make you as as as a happily married father gay man.

Living in New Orleans fear what am I going to do I'm going to find the thing that scares you and I'm going to pick it that I'm going to go with that and it could be the assault on you know in a reverse universe assault on the trans community could be assault on something and what do you become protective.

And and that's that's the America even in with racism and slavery and all the things black folks learned a long time ago.

“That I have to survive in the us. Okay. All right. Yes, it's about me, but I have to survive in the us.”

And you cannot you cannot give in to this sort of myopic view that it's just my story my neighborhood my family when the family down the street is being hauled off by ice. Because they're in a problem for them to move their ass at the block. Now there's the test on shopify.de. And with the checkout with the world for the best conversion, the checkout with the world for the best conversion. The legendary checkout from shopify is simply the shop on their website, a bit to social media and everything.

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Speaking of black folks trying to manage living in this world with an in this American society. I just see the time story this morning about what's happened at the Department of War. I'm a little bit to you from that one. Pete Hegg Seth dropped two black and two women army officers in the promotion list to be general. One of the black women in particular was a flashpoint. I'm just going to read this directly last summer. Hegg Seth chief of staff Ricky Burie at chest eyes.

Army secretary Dan Driscoll for selecting a black female combat engineer to serve as the head of the military district of Washington. Mr. Burie told Mr. Driscoll that President Trump would not want to stand next to a black female officer at military events.

I don't know why that's shocked us should not anybody because Donald Trump that's first off a strong woman and a strong black woman.

No hell no that is not with Donald Trump what he in that this is on erosa erasure. This is on erosa erasure. Right. And so Donald Trump and no way on this planet is going to stand next to a black woman in uniform. At a ceremony and has to salute her and acknowledge her. Oh, that's just not there's nothing in his makeup that ever tell you that that would be something he would be for. So yes, his little pet project in and Pete Heck Seth is, you know, going to accommodate that. Not what's best for the military district of the district of Columbia not was best for the Army not what's best for DOD not was best for that soldier.

But was best for Donald Trump Donald Trump doesn't want to be reminded of his weaknesses. He doesn't want to be reminded of his insecurities. He doesn't want to be reminded of his failures of leadership and his capacity to be anything other than a racist. He doesn't want to be reminded of that.

“And he likes the coloring that guys like HECSeth give him to sort of put a veneer on it to whitewash it. That's why they're taking, you know, black history and stripping it down. We don't want to talk about slavery.”

So when we find a Negro that's going to go out and and parrot that. Byron Donald, right, it make me feel good about my racism. So yeah, I'm not surprised about that. No, not surprised the bloodness though of it is certainly notable. We should say any major general Antoinette can't as the the woman who got who got her promotion. But now now if he takes us trying to intervene again, you mentioned Byron Donald.

He's running against our old friend David jolly.

You and David are proud David was Republican congressman never trump or went independent was on.

Michael Stio, you know that I'm running cloud. I don't like it. I don't like it. Yeah, you're not coming to me.

“Okay, if you want to feel like, you know, things are about to turn around any minute right now.”

Okay, this is the home for catastrophes.

But for the first time this week when those state legislative races specials happen and forward up.

I started to think I started to look at the math. We've now a 30 state legislative seats in a row that have flipped and they've all flipped from Republican to Democrat. That has not happened since before the last I may have been mentioned. I slipped them from Democrat to Republican. No, that was the last wave when you were there in 2010.

No, I was about to say you're a wave in 2010. You guys didn't even get 30 in a row. You know, like, you know, like 27. You're record's been broken. You're record's been broken now.

So now this is the, this is the longest streak. The flip the average flipping for those Florida districts is in the low teens, which is about what Trump won the state by. Byron Donaldson is a very weak candidate in Florida. There's a lot of dissension within the Florida Republican party. Maybe more than any other state because there's still the raw feelings about the dissentist Trump of it all.

The case to San Francisco's kind of going to be the air apparent, but the Trump fight. Cost her that now you end up a Donald's. Is our kind to eat with Jolly is that is that crazy to think that that is. I don't think it's crazy.

“I think the trend line speaks to the, the common sense of it.”

I think a lot of voters look at the end of the day, Tim. You know this very well from your your days in politics. I, as a as an operative, the one thing you learn about communication is listening.

And Jolly is very good at that always has been.

Byron is not a listener. And, and, and so what is Byron? He's not really a listener. He's not thinker. He feels the need.

He feels the need. He makes a whole lot of white folks feel good about themselves. I've just said he does not hold the mirror up. He does not reflect back. He does not reflect back to them.

The culture from which he comes. You know, to say this is part of your history as much as anything else. Why are you trying to wipe it out? Let me help you help you, right? And so the reality of it is that Florida race in Trump's backyard.

In his district legislative district. Losing that is a big warning side for Florida Republicans. It's a big warning side for national Republicans. And they don't want to listen. They don't want to listen to what the voters are telling them.

And in many respects, it cuts along two grains. And you know them well. One is still Epstein. Epstein is not just about just as for the victims here. But it's also for a lot of the folks in the Trump orbit.

And I'm not just talking about that manga corner. But the rank and file Republican who believed that they were going to get to the bottom of this because they were told that. The other is the economic who believed that their lives as we started this conversation discussing would not get worse, but better.

Their costs would not go up, but go down.

“Democrats appropriately framed that as a affordability, right?”

And the American people and Republicans were still Americans, right? But that they also bought that idea of affordability, which is why Donald Trump stopped making fun of the concept because his own base believed in it. They thought it was a real thing for them because they're looking. Not just that before gas prices, they're looking at the grocery bills.

They're looking at how much it cost to put clothes on their kids' backs. They're looking at this fact that the tariffs were in fact attacks. And so yeah, and Florida is not immune from that. And I think David Jolly has been making a good case. Now that has to translate as again, you and I both know and to how you turn that vote

out, right? And how you sustain the momentum that has been gained on a win like we saw this week, not just in Florida, but in other wins around the country tapping into that idea. It'll be interesting to see the turnout of this weekend of the folks on the no kings rally. At the no kings.

What does that look like in a state like Florida? Because that also could be a leading indicator of where the people in that state are.

Yeah, you look at that Florida, the first to sing into selection 2018, which is the first Trump midterm.

By 32,000 votes.

But for those problems Andrew Gillum would have won that election.

Yeah, and I think it wasn't like win-grain on those in that primary. Yeah, someone else probably could have won that election. Yeah, to say to us wins by 0.4%. Now, Florida said to turn over since then, we had COVID. There were a lot of blue state refugees or whatever goes down the floor. You know, they wanted to go to their COVID parties and hang out in close quarters together without worrying about the virus.

So to make up with the state change a little bit. Anyway, if you're in Florida and listen to this, I think there's been a lot of despair about the Democratic parties chances there. And I think that maybe this is an opportunity to turn it around.

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Start to don't test not all the funerals on Shopify.de. Let's record it. We got so kind of fired up about everything that I kind of breathed over the details of the Iran war and what's been happening. So can we just go back to the other side? So here's the latest Trump didn't announce as I joked about earlier that 10 day extension of his deadline for Iran to open the straight of hormones or face the destruction of its energy plants.

That takes us to April. And that's going to move to. But that really does matter. And when we had wise at the honor of this week to talk about the economic stuff about this, it's like for every day it's closed. It's like a week, you know, that it's going to take to fix the supply chain stuff.

So and this is just exponential problems. So anyway, 10 day extension, we're moving additional troops into the area. So it's something to keep monitoring Israel this morning. And then we came on said that they vowed to intensify and expand their war and Iran.

And then Reuters rightfully came on has a report saying that we can determine with certainty that we've destroyed about a third of Iran's vast missile arsenal.

There's another third we don't know about. And then another third that's buried in underground tunnels and bunkers we haven't been able to get to. So I mean, putting that all together. There's been yes and degradation of the Iranian capabilities, but maybe not as much as we thought. The gap between our objectives and Israel seem to be why.

“How do you get led into a war with a partner you can't control?”

I mean, the the conceit about this war, the lie about this war was told to us within the first 24 hours by Mark O'Ruby himself who could not explain with a straight face. Or within the credibility of Secretary of State, what the hell his department of state was doing. Who's been largely cut out of any negotiations. Why is it Mark O'Ruby? Are you sending with cough and Jared Kushner? Dom and Dom are choose which is which, right? Yeah, or corrupt. Dom or corrupt. I mean, sitting down at a table, what do you negotiate? And then negotiating a land deal. And you've got BB Netanyahu who sit there go.

Yeah, send the putses in the room. We'll let them divvy up the the the spoils, but I get I get off on going after around defeating this enemy and blowing the shit out of everybody and killing him and and so. Call me crazy. Call me. Call me. Ron, but what did you just say? The the Israeli government announced. They've out to intensify. And Donald Trump is saying what we want to bring it down. We want to. De intensify and we want to contract because we want the streets of O'Ruby to open yet. Why are we sending now that now what late last night possibly 10,000 more.

“On top of what's already young men and women who are already being sent over see. So what are we doing here?”

And is it your kid? My kid's a past draft day. So you're passing. All right, all right. I'm going to. My concern is for your 18 22 27 year old child, right? Yeah. What are we doing? Why are we allowing this to happen and allowing ourselves to get brow beat into this? Oh, on top of that term. Russia is helping Iran.

It's the it's the landman characters, you know, people in midland. They're doing real well West Texas is doing great.

“And Russia, they're printing money right now. They're trying to be was teetering.”

China has internal capabilities. It is crazy. The Israel thing. I just want to say. And this is a problem with a not being honest about the war, not selling us on the war, not explaining what the missions and objectives are. Israel's objectives are clear. Like in that statement where they said they're going to intensify attacks. They said it's because the Islamic Republic has not heated warnings to stop firing missiles that Israel civilian population.

Like Israel has a legitimate security concern.

Like there can be different views on whether what their strategy is and whether they're exacerbating it with their own actions, et cetera, et cetera.

“But like they have a legitimate security concern. We don't. So as obvious, it was obvious from day one to anybody with eyes that eventually.”

Like we were going to become, come at crossways on our missions and objectives because Israel has a legitimate security concern. Yes, they do.

And that's intense and short term and real.

And we don't. So I so how it creates an uncomfortable partnership. It creates a very uncomfortable partnership. And in this case, the tail BB is wagging the dog Trump. And that is one of the most obvious facets of this in that we look at the situation before the level of restraint that other administrations, Republicans and Democrats have used in this regard with respect to Iran. Was justified, right? You just can't go Yippeca into the Middle East because of the very thing you just noted about the security concerns being of one nation outweigh the security of the region.

And so there's always been this delicate balance that I know this first hand. I worked on the original running claim Trump. You're at at the at the end of the Iranian hostage the firm was Surrey Morse back in the early 80s. That isn't possible. You were working on that nearly 80s. Yeah, I was I was I just hadn't back from I just gotten back from the seminary. And after I left Augustinians move back to Washington landed at Surrey Morse. And you know who I worked with at the firm. Mark Gensberg was a young associate at the firm.

Jane Frank Carmen was a young partner at the firm. And the former senator of the great state of Ohio. I was a young associate at the firm. And I got tasked with pulling the this has never been done pulling the initial research on how we frame this tribunal to deal with resolution of the issues outstanding regarding the Iranians and the impact that they had on Americans and the claims that Americans had against the Iranians. And a lot about the Iranian people learned a lot about their the government and a lot about the history and that history is fraught with US intervention.

That history is fraught with US playing king and the people having a different idea, which is why we wound up with the shot. And so when you understand all of that and you look at the buffoons that are now in the Middle East who don't appreciate that history who don't that are not coming to the table. The storylines that have held somewhat in balance how we play ourselves are rolling that in that region. We are now in a very precarious spot and we you have bad actors like China and Russia benefiting.

It is not it's not going to be good for us in the long term if we continue down this road.

“So I think there's a lot to be concerned about here. I think you're right when you say, you know, we're going to get to April 6 and then what.”

You know, what is it look like between now and then, you know, it's not just the military, but it's also the economic impact that we're going to have to contend with. We're going to have a show with Choppy Fein and a show with Choppy Fein and a show with us. With the checkout with the world for the best competition. That's right. The checkout with the world for the best competition. The legendary checkout from Choppy Fein is just going to have a show on his web site, a bit to social media and everything else.

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And the platform makes me no problem. I have a lot of problems, but the platform is not one step away. I have the feeling that Choppy Fein is going to continue to optimize it. Everything is super integral and useful. And the time and the money that I can't wait for can't be invested in it. For all of you, let's do it. Now, let's test Choppy Fein.de. We like to be fair and balanced on this podcast. I do want to play the account review for you.

I'm about how we had to do this because the threats were so great.

“And you should actually be kind of scared if you live in this country right now, just going about your daily life.”

Because the threat was so great from Iran. Let's listen to the Vice President of the United States.

And it's options to ensure that Iran never has a nuclear weapon. You talk about people who walk into a crowded supermarket and have a vest on.

And they blow up the vest and a couple of people get killed and that's a terrible tragedy. What happens when what's on the vest is not something that can kill a couple of people. But can kill many, many tens of thousands of people. That is the most important American national security objective that exists for any administration at any time is you don't want the worst people in the world to have a nuclear weapon. A nuclear suicide vest in your local Harris theater.

That's something the J.D. advances is saying we're concerned about. And that's why we're in this war because there might have been an Iranian with a nuclear bomb on their suicide vest. Don't know how that would work, exactly. Think that that would be pretty conspicuous. Okay. I'm sorry, America. This is this for me is and I know it is for you, Tim.

This is too fucking serious to have such un-serious, so-so politically driven such politically motivated and biased asshole. I mean, I think it's a big deal. I think it's a big deal. I think it's a big deal. I think it's a big deal.

I think it's a big deal. I think it's a big deal. I think it's a big deal. I think it's a big deal. I think it's a big deal.

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Why don't you say that on the first day?

“Why is your story about why we're there in the first place change three, four, five, seven times?”

See, why can't you tell us how this ends? What's your plan to get out? What does that exit strategy look like? D when you start to implement that, what the fuck are you leaving behind? Because like Venezuela, all you did was take out decapitate the leadership.

Like any good little, writhing thing on the ground that can regenerate its body and grow a new head. That's what's happening here. You didn't take out the guard, you didn't take out the leadership. You didn't because why that leadership, if you read the fucking intelligence, would tell you that a lot of it is underground. A lot of it is dispersed all over the country.

Just like the damn nuclear weapons you're trying to find.

We're talking about for us.

Hey, they just don't want a nuclear weapon on the suicide vest. That's why we're at the war.

“That's why we're just paying more for everything.”

That's why Americans are dying. That's why people in the region are dying. That's why everything is just a war. I have a solution for the administration of the war. No.

Let's just get rid of all this, all the vest. Oh, okay. Ban vest, vest control. Ban vest. Let's ban the vest control.

That's not going to look into this control. That's control. All right, well, we'll be nice to them. One last thing, I'm going to let you go. Because I do again, you know, sometimes when you read more Trump affiliated outlets,

they offer these like kind of 40 chess rationalizations for what's happening. Like I was looking at the free press this morning. And they did somebody in the free press talking about how the people who played chess. Yeah. Yeah.

The war was really about shine actually. You know, the administration isn't saying that. But like the China bit Iran was working with China. And by closing the straight, we're going to destabilize Asia. And that's good.

It was kind of, it was hard to follow. But it was like a money hit. It was best.

“Yeah, but that's what, anyway, that's it.”

That's the very, very nice out. That was telling you. So I was thinking about potential 40 chess things that they could be doing. Okay. And I'm sure you saw the news about how Trump is going to put his signature on the dollar.

It's going to be the first time that if sitting president has signed the bills themselves.

This is obviously Kim Jong-un. Ask and and wrong and horrible. But I'm wondering, they couldn't think about a way to take prices down. But if you have like bond fires of money, right? If people are so upset about the dollar that it's scale, they're burning it.

Then that could lead to deflation. Actually, you could get deflation if you're taking a lot of currency out of the market. And so maybe that's the plan. Maybe we're looking for a deflation area. Yeah, he wants the print out.

He's just signature on the dollar and people like, oh hell no, I just don't just burn this shit. I'm not, no, that's not my spending just burn it. Look, if you all haven't figured out now, by now, Donald Trump wants his day and on everything because that's what a meggle mani act does. Everything is them and they are everything.

If they could redefine the laws of physics, literally, they would. Right, and they try politically telling you up is down and down is up. And so it doesn't surprise me. It's like we've mentioned before that the damn archie wants to build in Washington. What he's doing with the East Wing, renaming the Kennedy Center after himself.

And look at what's happened. Nobody wants to perform at the Kennedy Center. And I guess we can listen to Kid Rock for the next three years.

“But the hood of your three hobos in the audience, I mean, what?”

I don't know what what you're talking about anymore because what Donald Trump is doing. Again, he wants his name on a dollar because now when you look pick up the dollar, you see his signature.

He wants that ugly bullshit signature of his that he never learned how to write cursive, right?

Never learned how to actually write his name so he just scribbles it because he's lazy. You can't even write out to damn name. You can't even write your name out in the way that we can understand what it is. So we have to we have to have our brains process the symbolism of your name because otherwise you can't read that shit. You take someone who has never seen Donald Trump signature and showed it to him.

They go, what the fuck is that? The three-year-old gets sick? What? What is that? So this is the representative of our fallen empire, though, you know, it's in your old signature. It's so many ways, in so many ways.

So yes, put your signature on the damn dollar. I like a good bonfire. I don't mind, you know, like you're in the bills, baby, burden the bills. I get bad news. I just asked Claude if that would work.

And the said technically it could reduce inflation. Yeah, but it's inefficient compared to central bank tools like raise against rates. I don't know, probably not going to work. Just an idea, though. No bad ideas. If you want them, that's the chairman.

Michael Steven, you can catch him at 7 p.m. That's right. And the east. 7 p.m. Nice, baby.

MS now. Yeah. And I hope to see you in person soon, all right, sir. You got it, my friend. You take care.

Enjoy yourself. The best to the family. Stay out of trouble. All right, back at you. Everybody have a wonderful weekend.

Cheers. We'll see you on Monday with Bill Crystal. [MUSIC] The board podcast is brought to you. Thanks to the work of Lead Producer Katie Cooper,

Associate Producer Ansley Skipper, and with video editing by Katie Lutz, an audio engineering in editing by Jason Brown.

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