The DSR Network
The DSR Network

DSR Daily June 11: Trump Loves Inflation and Hates Iran

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On the DSR Daily for Thursday, we break down Trump’s promise to seize control of Iran’s oil, his baffling declaration of love for inflation, and this administration’s latest vitriol for immigrants. Le...

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A perfect following today.

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every test of Besonders Aromatis with samtiga creamer. And that is now the Cuba Capsule Machine in Dinachibu Fiala and of Chibu De E. Hello and welcome to the DSR Daily. I'm David Rothkuff.

I'm joined by Riley Fessler and I'm in a Stein. I'm a little blurry eyed because I was up with the next game last night.

It was such an amazing turn around

that I then had to watch every sports show, relive every highlight. Then got up early this morning to watch the morning sports shows to relive the same highlights for the 30th and 40th time. That is, I was trying to explain to my wife the real reason

that one watches sporting events. You get a happy ending and they get to live it over and over and over again. And last night was so improbable and that is all I will say about it.

Probably until words matter later today when Norm Ornstein is a big basketball family and undoubtedly bring it up. But for now, because we don't like to dwell on good news here,

let's focus on the usual shit. In fact, we should rename this podcast the usual shit. Hi, Riley. What's new in the usual shit today? Hey, Mina.

Any new developments in the usual shit? No. No. Exactly. Well, tell us.

Actually, I think there is some new developments today

in the usual shit. And I think that's your lead story. It is. But in terms of general vibes, it is the same old usual shit.

Not crazy. Crazy, crazy, President digging the whole deeper, right? Exactly. Right.

In terms of the specifics, President Trump escalated the Middle East conflict on Wednesday by threatening a very hard military assault to seize cog island. Iran's primary energy hub

and assumed total control of the country's oil and gas markets. The high stakes threat signals a complete shift from diplomacy to brute military subjugation, following a chaotic 48-hour window

where the U.S. air strikes were met with Iranian missile attacks on American bases in Jordan. Defense analysts warn that occupying the island, which handles 90% of Iran's oil exports, but like the required American ground troops

and the risk plunging the U.S. into a protracted war of a trussian with an adversary willing to absorb heavy structural costs. Huh, a protracted war of a trussian. Here we are like five months into this thing. What do you think we're in?

But of course, the President doesn't know

because the President's out of his freaking mind, okay?

And that matters in the context of this story because he ignored all the advice he was getting. He ignored history. He ignored the results early in the war. He is ignored the results for five months.

And so he's living in a completely delusional world. And he didn't interview this morning on Fox News in which he talked about his threats to come down very hard on Iran and to take over its energy sector.

And so forth and he said so many crazy things, including that if he had been in charge of the Vietnam War where he said hundreds of thousands of Americans were killed, that's not true, 58,000 Americans were killed. But if he had been charged of the Vietnam War,

it would have been over in a few months. Okay, so it would have been over faster than this war that you can't seem to get out of.

And he always gives this example like,

you know, we're going to do just like we did in Venezuela. And that's turned out great for everybody. Venezuela was not an invasion, okay? We sent a few troops in and we kidnapped two people. We then said we're going to do other stuff

or you can just pay us off. It was an extortion hit like the Bob runs. It was not a war.

We didn't take it over.

The same regime as in place. They're paying off Trump so they can do whatever they want. It's not more democratic. It's not better for the region. It's not better for the US.

It's only better for Trump's cronies. But it went the way he wanted.

Because basically what he wanted was a pay off for his cronies.

And it has made him think that he can go and do this anywhere he wants. Except, of course, not Iran. And now he is thinking that he can go in and attack Iran. And it's going to, you know, have a result different from what has happened over the course of the past.

Several months.

Remember, we started this out with an attack on 13,000 different sites in Iran.

And it did not achieve our goals. Remember, he said he obliterated the nuclear weapons program. He didn't. He obliterated their missile program. He didn't.

He obliterated their drone program. He didn't both of those are roughly 70% of the capacity that they were at before. And of course, the Iranians have gained the leverage that they've got over the straight of four moves in a way that seems unlikely that they're ever going to give that back.

And, you know, because of recent developments in this, because in part of the Israeli attacks on Lebanon and the inability of the United States to control Israel, you now have the Houthis in this. And they are saying, perhaps they will shut down the entrance to the red

sea through which 10% of all global commercial shipping traffic goes. You think we are in an economic mess now.

Imagine if we are in a deeper war because we've attacked,

as Trump said, we're going to attack. And there is less traffic through the straight of four moves. There's very, very little now. And there is no traffic through the red sea. And the Iranians are attacking targets throughout the region.

And the Israelis are going on with what they're doing in Lebanon. And the United States has thrown money out the window on this. Trump bragged this morning that yesterday,

we dropped $250 million worth of bombs on Iran.

Not noting the fact that it has having no effect. He might as well literally be flying B-52s over Iran and dropping pallets of money out. And frankly, it would have roughly the same impact on our overall goals.

My guess is, in order to get any kind of deal here, the US is going to end up having to do effectively that and pay off the Iranians. Anyway, it's a huge mess.

And if he follows through with some of these threats.

And of course, there's no guarantee that he will, because he lies all the time. The deepening chaos in the region promises deepening economic crisis here in the United States. We talked about inflation.

We're going to talk about it again. Plus around the world. One thing to watch, watch world markets today and tomorrow. If they freak out at these attacks, if they think it's going to produce protracted further interruptions

in energy and commercial shipping flows. And they crash or they go down a lot, Trump will pull back because literally the only people he listened to are markets that are controlled by big institutional investors that are controlled by his friends.

That's where we are. It doesn't listen to his staff. Or, you know, his staff doesn't give him advice. You know, they're recent interview with Pete Higgs, that reveals once again that he's an idiot in a pathological

liar and he's only in the job because he enables Trump. Anyway, we've got to watch this closely because there is a chance this escalation could change the nature of this conflict in fairly substantial ways, not for the better and not. In any way that advances our interests.

Speaking of advancing our interests, U.S. headline inflation serves to 4.2 percent year over year this month,

breaking the 4 percent threshold for the first time in three years

due to a massive 23.5 percent spike in energy costs tied to the aforementioned war with Iran. It's a good thing, right? The president says it's a good thing, doesn't he? Yeah, president, you know, president Trump are beloved leader,

dismissed concerns over their report. Unconventionally declaring, quote, "I love the inflation," and quote, because he expects energy and grocery prices to crash rapidly once U.S. forces successfully resolve the Middle East conflict

and unlock regional oil supplies,

Which is going to happen any day now, right, David?

At any day, I'm waiting for it.

Obviously, it hasn't happened yet,

so that's concerning, and obviously this escalation

suggests it won't happen soon, so that's concerning, and obviously the president incompetent and incapable of achieving his goals, so that's concerning, and clearly he doesn't understand economics, so that also is concerning,

but he says it, so he says he likes it. Could it be because inflation transfers more wealth from the poor to the rich? Because the rich can hedge against inflation and the poor really can't.

Maybe, because it makes his rich friends happy, and that's all that he really cares about. You know, he sees the world through a mara-logo lens, you know, he goes there and he hangs out with billionaires

or he plays golf with billionaires,

and those are the only people he talks to. And, you know, they're all trying to kiss his ass, so they can get some big government deals, see recent stories about, for example, the kind of deals that donors to the ballroom have been getting.

And, you know, that's why he has this kind of skewed view.

And, of course, all of the paid train seals around him, his quote, economists, say, "You're absolutely right, Mr. President, "and everything's going to be fine is okay. "Head of his counsel, economic advisors.

"Amaricans are spending more members of Congress. "Amaricans are spending more. "Everything is fine. Everything is great." So, nobody around him is actually telling him the truth. They're terrified of telling him the truth.

And, by the way, as a side part of this, go read the story in the New York Times in the past 24 hours about the meetings they had around Epstein. And, how, you know, they were all like, you know, terrified

that it was going to really bring the administration down including JD events. But, they were all also terrified of Trump and what he was might react and when they came up with reactions to it all,

he twisted them or didn't follow them or whatever. It's a dysfunctional White House. In fact, a lot of reports coming out of the White House right now, but because Trump is such an unprecedented losing streak for him, he's lashing out at everybody,

and people are afraid they're going to be fired and he's shouting at people and who knows how much ketchup is flying around in the private dining area off the elbow office, but it sounds like a terrible, terrible place to work.

Because there's a nutcase who's out of touch with reality, thinks he is infinite power, who's unable to control his emotions and has no good solutions for anything in charge.

Sounds similar to where I work. Oh, oh, oh my god. That is such a harsh attack on your direct supervisor, right? It's like, I don't think Riley behaves that way at all.

I'm a good coworker. You are a good coworker. And people out there love you. Remember the other day when I said you were lurching over somebody, immediately went on social media and said,

"Oh, no, I hope Riley's not slumped over like Trump." Yes, and I assured them that I am fine and a solid health.

So how do you respond to the fact that menace says you are like Trump?

I know. I don't comment on such spurious rumors. Yeah, exactly. And I also mislives. I know she meant me.

I know she meant me. But if I'm going to be like Trump, then I can be delusional and blame it on you. Okay. What are you, Amber Riley?

Actually, I'm done. Menace. Yeah. Okay. Proving that I'm like Trump.

I don't know where I am. Yes. Okay. Whatever. What do you have for us, Bob?

The Trump administration is preparing.

It's first ever deportation flight to the Central African Republic.

Carrying nearly two dozen migrants from nations, including Iran, Syria, and Afghanistan. To bypass US court orders, protecting these individuals from being returned to their home countries, due to documented threats of torture or persecution, the government is utilizing third country relocation agreements. Meanwhile, DHS Secretary Mark Wayne Mullin appeared on Fox News to comment on anti-immigrant violence in Belfast, seeming to echo Brian Kilmied's supporting individuals trying to "take their country back."

Look, this is the most grotesque kind of racism. And it manifests itself in a bunch of ways that are not in the United States interests are also cruel and horrible. And among the people who are being deported to a country which will be an awful experience for them and they'll be kept in subhuman prison conditions.

There's more no reason and illegally and against court orders.

Our bunch of Iranians who were protesting the Iranian government, which is allegedly our enemy.

Like what the fuck, Mr. President, do you not realize the message this sends?

Do you not realize the message it sends about whether or not you're on the side of the people who want to actually bring democracy to Iran? But we do this in small ways in large ways every day.

And there's another story that's out there today about a Somali soccer referee who was coming to the US because he was hired to referee a World Cup soccer match.

And we wouldn't let him in the country because this administration hates Somali because I don't know because Ilana Omar. They have this real thing about Somali.

And so, you know what happened? It was kind of a nice story. The Canadian said, "Well, take it. Come on over here. You can you can referee some matches up here."

Because there is sensible country run by sensible saying people.

But the Mark Wayne Mullen comments get to the core of this. He was on Fox News or one of these things this morning talking about all of this. And spouting the usual lies like, "Oh, yeah, we have to fight back against Antifa and the people who protest at our facilities are paid, you know, crisis actors. They're not, you know, really protesting our facilities, which are privately run and not transparent, illegal and inhumane and all those things." But, you know, this the comment about Northern Ireland is particularly egregious because over the past couple of days there have been effective pogroms in Northern Ireland sponsored or not sponsored, but encouraged by the way by Elon Musk and other white supremacists who are so virulently anti-immigrant that they think the idea of what happened in Northern Ireland,

where anti-immigrant forces literally dragged immigrants out of the buildings they lived in and set them on fire was a good thing.

That's what Mark Wayne Mullen thinks is taking back your country, but taking it back for home aren't those people part of the country?

No, of course, the subtext is clear. They want white Christian male-dominated societies and they will stop it nothing to get there. That's, you know, akin to what other fascistic governments have done over the course of the past century, and it's disgusting. And for those of you who think, "Well, Mark Wayne Mullen is an improvement on Christy-Nome, watch closely, not at all, more extreme, just as stupid or stupid or crueler." And I'm saying he's crueler than the woman who shot her puppy, so that puts it in perspective.

President Trump urged Congress to pass a short-term extension of Section 702 of the Foreign Intelligence Service Act to prevent the foreign surveillance program from expiring on Friday. However, the legislative renewal remains deadlocked because Trump refuses to withdraw his pick of Bill Pulti, a controversial lawyer list with no national security experience to serve as acting spy chief. At the same time, we now have reports that Pulti personally phoned Director of National Intelligence Tulsi Gabbard to inform her she was being pushed out early, which completely blindsided her.

When Gabbard bypassed Pulti and called President Trump directly, the President failed to back his new appointees timeline instead allowing Gabbard to dictate her own official departure date of June 19. Look, this guy Pulti is bad news and he obviously wants to get in there fast and he's obviously a bit of a loose cannon and according to all reports kind of an idiot. But he, you know, he feels he's got a mission and his mission is to support the President's goals of subverting democracy and attacking his own enemies.

And you know, the President doesn't stray from that. It's quite interesting because he's erratic on most things, you know, but there's one thing that he just comes back to on a regular basis, whether he needs to or not. And that is his desire to say US elections are, you know, mismanaged or tampered with or rigged. And that's all part of his plan to. Metle with them in a variety of different ways, and of course we're sitting around waiting to see if the Supreme Court's going to make that easier harder for him in here these last couple of weeks of June in any event.

You know, if this manifests itself in this morning, he's on Fox News and he's...

So getting great press and they're so impressed that they, you know, the press loves them so much, which of course.

That conversation never happened, right?

But why is he saying it so he can attack the media? Well, why is he attacking the media? Because then he makes a pivot from attacking the media to saying you're wrong about Iran just the same way you're wrong about elections. Because he always comes back to elections and that's what you've got to look for from Pulti. You know, he is going to carry forward the work that Tulsi Gabbard started when she went to Atlanta to look into completely unfounded, crazy conspiracy theories about the 2020 elections.

And, you know, this is, this is the core truth of this administration, you know, this week we've also seen judges coming up for confirmation people coming for confirmation in this administration and they're asked regularly by Democrats do you believe, you know, Joe Biden won the 2020 election was the 2020 election free and fair and and they won't answer the question and they still get confirmed. But the reason they don't answer the question is it has to be an article of faith, you can't be in this administration.

And believe that the 2020 election was fair and that Trump actually lost because that undermines the main big bet they're going to play, which is that they have a rationale for stealing the 2026 and perhaps the 2028 election. Well, I have a fun one to go out on and by fun. I mean, horrifying and discussing and terrible, but in like that says a lot about, it says a lot about you, Minna. If that's, hey, fun and by fun, I mean, horrifying, okay. I mean, what's in these days, we're taking all of things fun.

Yeah, we'll take the step back, Minna's losing it. Okay, what's fun and horrifying, Minna?

First and with no control over their emotions, running the business. Well, that's exactly exactly. Okay, first part, less fun in the second part, but whatever, we'll get there when we get there.

A recent legal filing revealed that a multi agency effort, costing over $60 million has been spent to prepare for the historic UFC fight event scheduled this weekend on the White House south lawn.

Massive transformation includes a custom 4,000 seat arena surrounding the iconic eight-side octagon with an additional 120,000 lottery winning fans expected to watch the 250th American Independence and Versary Celebrations from nearby. Trump, Trump birthday. Exactly. Last night's pre-fight media day was entirely dominated by the looming presence of President Trump. As you've alluded to, questions to the athletes frequently revolved around Trump's upcoming 80th birthday and his relationship with the sport.

Prompting a viral rumor denial about a band walkout song and a bizarre, quickly retracted outburst from heavyweight Josh Hockett. Despite the political noise, the event features one of the greatest cards in UFC history heavily pushed for by Trump and his close friend UFC CEO Dan O White, including two highly anticipated championship bouts, and an appearance by middle way bone nickel a personal friend of the president.

Okay, first of all, one of the greatest cards in UFC, what are you talking about? You have seen his garbage.

You've seen his garbage. There's nothing. Guys, what the Washington Post said. Well, the Washington Post, well, now you've defended yourself. The UFC is trash. It is a trash sport for trash people. Sorry if you love it. Really, I'm not. Okay, and what's going on at the White House around this thing is really weird. It's weird on 100 levels.

First of all, $16 million has been spent. There's a lawsuit that says perhaps they can't do this.

The White House is being used for commercial purposes. People are making millions, caching in on the White House because Trump loves this stuff.

In fact, just as a little parenthetical subnote, remember when we were in the middle of negotiating the end of this conflict, the one that was going to be over in a couple of days.

Where did the president go while his team went to negotiate the end in Pakistan?

Oh, yeah, he went to a UFC fight in Miami with Marco Rubio.

He spends more time thinking about going to UFC fights than he does his actual day job, which I think is playing golf.

But the point is, he is obsessed with this sport, and I think it's the ethos of this sport and the braga dach dachio and the conflict and the violence and the bullshit that's associated with it.

That has sort of guided his approach to conflicts like making a mountain at a mobile Hill in Venezuela or promising more than he can deliver in Iran. And this is foreign policy by UFC press release. I mean, that's where we are, right? A UFC foreign policy for the United States. You know, there are some interesting subtext to this whole story. I don't think any of them have to do with the event itself.

But one of the ones that has caught my eye recently is that they've built this octagon in the back of the White House and it's ridiculous. I mean, it's so bizarre that it is there if you drive by the White House, it's just crazy. You won't be able to drive by the White House by the way, past this afternoon Thursday afternoon through Monday because of the event. But it's not only the octagon, but they're advertising slogans on and around the octagon. And one of the advertising slogans put up without any sense of irony or awareness says monster energy.

You know, it's supporting monster energy drags, right? But this, I mean, if there was ever a White House that was sponsored by monster energy, it's this White House, everything they do as monster energy about it.

And, you know, it is, you know, a conclude with something that links also to the first story here about the Iran War.

And I don't think the escalation with the Iran War and I don't think this UFC event are going to have the outcome that the president wants. I think they're going to make things worse. I think they're going to produce a lot of backlash. I think they're going to be ugly. I think they're going to be embarrassing for the United States.

And that's why most presidents don't conduct foreign policy as if it were a UFC match.

But this one, he's special. Speaking of special, by the way, did you see the story that in the recent past, he seen 22 different medical specialists, which is a new record.

Congratulations, Mr. President.

I do that every year. That's how you know I'm healthy. By 22 different specialists. Extra double confirmation. Yeah, well, he'll say it's because he's super healthy and passing all the mental tests he's given. Obviously, he's not, he's not physically healthy.

He's not mentally healthy. He's not up to the job he's doing. In fact, he's extremely unfit for the job he's doing in every possible way, including temperament, mentality, even on his good day. But we're not in his good days. We're in the middle of the biggest Trump losing streak of all time.

And we are all paying the price of that. And the world is paying the price of that. And I suspect it's only going to get tougher from here. Does that mean we won't cover it? Heck no.

I mean, men of fines horrifying things entertaining.

So that's why that's why we'll come back.

Well, there's so many weird controversies surrounding the UFC match because they've, like, everyone, no offense to UFC fighters. Some of them are nice, but these people also like degenerates. Oh, yeah, they're, they're nice. They're, they're different threats. Bye.

I do. I do. Um, and I, you know, if you're a UFC fighter is a regular listener. Please reach us on our discord. We'll do a whole show with you on how you're enlightened, well educated.

Uh, want what's best for the world. And like nothing better than kicking the shit out of other human brains. Um, but I mean, it's weird. I mean, then there's like, like the, the, what is it called the featherweight? He, his walk-on song uses the Mexican national anthem.

And like the rumor was he was told not to use it because he would make the president unhappy. And then he had to be like, oh, that's not true.

That didn't happen.

I mean, while I'm like, I brought raise, and like that kind of sounds exactly like something that you will say to him.

But okay, well, let me ask you a question.

Um, are you going to watch the UFC match this weekend?

No, of course not, but I did. I will say I did get extremely caught up in reading all of these articles about like all the controversies. And like, I noticed it was threatening a felony to like attack the president. But it was an accident because he was in like UFC mode. The whole thing is just absolutely unbelievably wild.

Do you notice who's surprisingly silent about all this? You know, who doesn't seem to be jumping into this conversation? Because he's looking forward to it. No. [laughter]

I'll not be slandered again.

So you're not going to sit down with your girlfriend and watch the UFC finance Saturday or whenever it is. No, she wisely is leaving the country. [laughter]

That is, that is, I, I, it's his birthday this weekend.

And this is going to be the Trump birthday weekend. Last year, of course, on Trump birthday, we had the worst military parade in history. Um, I don't know if you recall that, right? You know, where the guy was walking down the street holding a drone over his head. Like we were talking about that until you just brought it back up.

That feels like it was a decade ago. Right.

And the tank came down the street and it was like, yeah, yeah, yeah.

It was, it was so awful. And so, you know, this is, this is going to be, you know, some other manifestation of all that. Folks, we, you know, this is real. We're real.

We're real.

We're real people living through real times.

And this is what's happened in America. But the White House is being taken over by UFC match. The president is lying about everything that's happening. He's clearly losing his marbles. Nobody will stand up against him.

The Congress has got his back. In his own party, anybody who's supported by him doesn't get support, even though he is destroying the country inside and out. Um, and there's all this weirdness that, you know, surrounding this whole thing.

Uh, and, you know, we haven't talked about our occasionally today. We haven't talked about, um, you know, uh, any of the other nut jobs in this king. It's just sometimes. Sometimes, you know, as they say, the dumbest timeline.

Anyway, guys, thanks. We have words matter coming later today. We did a special DSR yesterday with Senator Chris Fanhol and the senior senator from Maryland and Jeremy Benami, who's the president founder of J Street,

which is now kind of the, the more mainstream certainly Sainer Major Jewish organization in the U.S. on the future midies policy. It was a plus, a plus. And we put it out on the need to know channels and we put it out on all

of our other channels so you can watch it. So there's a lot coming in. Of course, we got new warm or in steam later today. So excuse me, join us for that. And tomorrow, men will come dressed in her UFC Garb,

which where she watches for all of these things. I'm the happy way. I'm the one fighting. Fighting and threatening Trump. Okay.

Can't wait to see it. All right, everybody. Bye-bye. (upbeat music)

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