Latest / The Ben Ferguson Podcast / Venezuela Victory part 2-Historically Transforming Latin America & What Happens Next
Transcript
- 0:01Speaker 1: Welcome in his vernic with Center, Ted Cruz ben Ferguson
- 0:04Speaker 1: with you. It is nice to have you with us
- 0:05Speaker 1: as we are doing part two of our in depth
- 0:08Speaker 1: conversation on Venezuela, What has happened since Maduro has left?
- 0:12Speaker 1: What is next? And Center. We've got three different things
- 0:14Speaker 1: we're going to talk about, and if people miss episode one,
- 0:18Speaker 1: it's one that really went viral, so makes you go
- 0:20Speaker 1: back and listen to it. But we're gonna go in
- 0:22Speaker 1: depth again in this episode on three major different aspects
- 0:26Speaker 1: of this story.
- 0:27Speaker 2: Well, listen episode one, which came out Monday. We did
- 0:31Speaker 2: a deep dive into number one, what happened, what happened
- 0:33Speaker 2: in Venezuela, what President Trump did sending in the military
- 0:38Speaker 2: to capture and arrest.
- 0:39Speaker 3: Nicholas Maduro and his wife.
- 0:42Speaker 2: We secondly discussed why Venezuela matters, what are the geopolitical
- 0:46Speaker 2: consequences of Venezuela, the massive oil reserves, the massive gold
- 0:50Speaker 2: reserves and other minerals. We talked about why Russia and
- 0:54Speaker 2: China and Iran and HESBLA were all in Venezuela. And finally,
- 0:58Speaker 2: we did a very careful explanation of the legal basis
- 1:02Speaker 2: the legal authority for why President Trump had the authority
- 1:05Speaker 2: to order this attack, to order this arrest.
- 1:09Speaker 3: We laid it out in detail.
- 1:11Speaker 2: We're seeing a lot of democrats and the media and
- 1:13Speaker 2: law professors, all of which are coming from exactly the
- 1:16Speaker 2: same place, claiming this is illegal, this was a kidnapping.
- 1:19Speaker 3: All of that is nonsense.
- 1:21Speaker 2: And if you didn't listen to Monday's podcast, you should
- 1:24Speaker 2: go back and I lay out the legal basis and
- 1:26Speaker 2: in fact the opinion from the US Department of Justice
- 1:31Speaker 2: for the January third, nineteen ninety arrest of Manuel Noriega
- 1:36Speaker 2: in Panama under very similar circumstances. And so those are
- 1:40Speaker 2: three big questions we addressed today. We're going to address
- 1:44Speaker 2: three additional questions. Number One, a lot of folks are
- 1:47Speaker 2: asking who is the first Lady of Venezuela and why
- 1:53Speaker 2: was she arrested? Why was she included in that. We're
- 1:56Speaker 2: going to lay out some more detail as to what
- 1:58Speaker 2: her background is. Secondly, we'll talk about what are the
- 2:02Speaker 2: geopolitical consequences of Maduro being arrested, being prosecuted for the
- 2:08Speaker 2: rest of Latin America and for the Western hemisphere. They
- 2:10Speaker 2: are significant. We're gonna break them down carefully and systematically.
- 2:15Speaker 2: And finally, and this is important, we're going to talk
- 2:18Speaker 2: about what's next in Venezuela, what we can expect in
- 2:21Speaker 2: the days and weeks and months ahead, What does this mean,
- 2:24Speaker 2: what's the leadership going to be in Venezuela, And what
- 2:26Speaker 2: should the United States want to have happen next in Venezuela.
- 2:30Speaker 3: All of that on today's pod.
- 2:32Speaker 1: Yeah, it's really gonna be a fun one. When I
- 2:34Speaker 1: also talk to you real quick about our friends at
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- 3:47Speaker 1: That's Compassion dot Com. All right, So, Senata, we're gonna
- 3:51Speaker 1: pick it up literally where we left off in Monday's pod.
- 3:55Speaker 1: And there have been so many questions about the wife
- 3:59Speaker 1: of Maduro. Why was she arrested, why was she charged?
- 4:02Speaker 1: Why was she brought to America. I had to watch
- 4:05Speaker 1: some of the crazy liberals and debate them on TV.
- 4:07Speaker 1: They're angry that she was arrested instead of others around Maduro,
- 4:12Speaker 1: that they would rather have had arrested. It was the
- 4:14Speaker 1: argument that was being made which just made my head
- 4:17Speaker 1: explode as I was listening to the incompetence. But let's
- 4:20Speaker 1: go through why she was actually indicted, why she's being held,
- 4:24Speaker 1: why she's arrested, why she's probably gonna be found guilty
- 4:26Speaker 1: of a lot of major crimes.
- 4:28Speaker 3: Yeah.
- 4:28Speaker 2: Look, look, she has been indicted, she has been charged,
- 4:31Speaker 2: and she's being prosecuted. And yes she is Maduro's wife.
- 4:35Speaker 2: She is also a lawyer. She's a long time Hugo
- 4:38Speaker 2: Chavez loyalist. She's a communist, she's a Marxist, she is
- 4:43Speaker 2: viciously anti American.
- 4:46Speaker 3: She is corrupt.
- 4:48Speaker 2: She was intimately involved in the narco trafficking that Maduro
- 4:52Speaker 2: was engaged in. She has been sanctioned by the Treasury
- 4:56Speaker 2: Department for her involvement in that. And she's also been
- 4:59Speaker 2: a senior government official. And in fact, here I'm going
- 5:02Speaker 2: to give you some of the background. The New York
- 5:04Speaker 2: Post reported.
- 5:05Speaker 3: So Cilia Flores was arrested.
- 5:10Speaker 2: Celia Fortt Flores is the first Lady. She has been
- 5:13Speaker 2: called the Latin Lady Macbeth. She's sixty nine years old,
- 5:18Speaker 2: and she's been described by a former head of intelligence
- 5:21Speaker 2: in Venezuela as being quote behind the curtain, playing, pulling
- 5:25Speaker 2: the strings. And here's what one prosecutor in the Maduro
- 5:30Speaker 2: government said, quote she is a fundamental figure in corruption
- 5:34Speaker 2: in Venezuela, absolutely fundamental, and especially in the structure of power.
- 5:39Speaker 2: And he continued, many people consider her far more astute
- 5:44Speaker 2: and shrewd than Maduro himself. Now, what is her background.
- 5:51Speaker 2: Her background, She was a lawyer for Hugo Chaves, the
- 5:59Speaker 2: original Marx who took over Venezuela was elected and drove
- 6:03Speaker 2: the economy into the ground. She has been nicknamed in
- 6:06Speaker 2: addition to Latin Lady Bigbeth, she's been nicknamed First Warrior,
- 6:13Speaker 2: and she's accused of accepting massive bribes from drug dealers
- 6:18Speaker 2: and in fact, her nephews, and in fact they've been
- 6:20Speaker 2: called her narco nephews, were both previously arrested in the
- 6:25Speaker 2: United States for cocaine trafficking, and they planned to use
- 6:30Speaker 2: the money from their drug sales. This is the narco
- 6:32Speaker 2: nephews to fund Flores's twenty fifteen campaign for National Assembly
- 6:38Speaker 2: in Venezuela. She is she is a political leader. She
- 6:45Speaker 2: is alleged to participate in the trafficking of cocaine quote,
- 6:49Speaker 2: much of which had been seized by Venezuelan law enforcement
- 6:53Speaker 2: with the assistance of armed military escorts. That's, according to
- 6:56Speaker 2: the indictment, while guarded by quote state sponsored get gangs
- 7:01Speaker 2: known as collectibos. And the gangs, according to the indictment,
- 7:06Speaker 2: were to quote protect their drug trafficking operation.
- 7:10Speaker 1: By the way, ten years ago. It had to be
- 7:12Speaker 1: at least ten years ago. Now, I went back to
- 7:14Speaker 1: a conversation I had in New York City in the
- 7:16Speaker 1: green room at Fox there was a Venezuelan dissident. Basically
- 7:20Speaker 1: they'd been put into exile, and we were sitting talking
- 7:23Speaker 1: about the oil and the narco terrorism. This was over
- 7:27Speaker 1: a decade ago from him, and they described the wife
- 7:31Speaker 1: to me as quote, not a housewife, but a brilliant mastermind.
- 7:35Speaker 1: They said that Chavez would have never gotten to where
- 7:38Speaker 1: he was without her being behind him, that she was
- 7:43Speaker 1: able to really and as you mentioned, a lawyer, they said,
- 7:46Speaker 1: she's very smart. She understands how to set this stuff up.
- 7:50Speaker 1: She understands how to work it to the family's advantage
- 7:53Speaker 1: and to make money, and the idea. They were laughing
- 7:55Speaker 1: basically as they were describing, They're like, if you think
- 7:57Speaker 1: this is just some first lady in essence a house wife,
- 8:00Speaker 1: you are mistaken. She is ruthless to the cores. They
- 8:04Speaker 1: described it, saying that that she was a businesswoman that
- 8:07Speaker 1: the mob would even be afraid of.
- 8:09Speaker 2: Yeah, I mean, listen, I mentioned Flores got her start
- 8:12Speaker 2: with Hugo Chavez. Actually, Hugo Chavez was arrested in the
- 8:17Speaker 2: wake of a failed coup attempt in nineteen ninety two,
- 8:20Speaker 2: and Flores stepped forward as his lawyer. And in fact,
- 8:25Speaker 2: she was such a socialist and such a Marxist, she
- 8:28Speaker 2: was literally spray painting Chavez's names on walls around Caracas,
- 8:35Speaker 2: and she stepped forward. She represented Hugo Chavez pro bono
- 8:38Speaker 2: for free, and she ended up getting him out of
- 8:40Speaker 2: jail in nineteen ninety four before he ever stood trial.
- 8:44Speaker 2: And she met she met Maduro while being an activist
- 8:50Speaker 2: for Chavez. And Chavez was elected president in nineteen ninety eight,
- 8:59Speaker 2: and Maduro and Flores both served under Chavis. She was
- 9:04Speaker 2: attorney general yep, and he was vice president. And and
- 9:08Speaker 2: and this, you know, she is someone intimately involved in
- 9:15Speaker 2: the corruption in the drug trafficking. Uh and and that's
- 9:19Speaker 2: why she's been arrested. It's why she she is indicted
- 9:23Speaker 2: and and and it's why I believe both she and
- 9:25Speaker 2: her husband will be convicted.
- 9:27Speaker 1: It really is interesting to see how the media has
- 9:29Speaker 1: just gone to like compassion on this, where they're just like, well.
- 9:32Speaker 2: No, she's just a sweet little old lady. You know,
- 9:35Speaker 2: why are you picking on this sweet little old lady. Yeah,
- 9:38Speaker 2: you know, sweet little old lady attorney general. You know,
- 9:41Speaker 2: sweet little old lady Attorney general narco terrorist, drug trafficker.
- 9:46Speaker 3: But other than that, she's a sweet little old lady.
- 9:48Speaker 1: Yeah. This is why I, by the way, love doing
- 9:50Speaker 1: this show because no one else is talking about this,
- 9:52Speaker 1: and I hope people that listen they're like, Okay, well
- 9:54Speaker 1: now we know, so you can correct the record and
- 9:56Speaker 1: be like, well, it's just it was just an easy
- 9:59Speaker 1: one for them to go, so they grabbed your No.
- 10:01Speaker 1: This is a woman who literally helped set up all
- 10:04Speaker 1: of this corruption and was heavily involved in it, which
- 10:06Speaker 1: brings me to the big issue. And we've seen a
- 10:08Speaker 1: lot of conversation about this as well by the talking
- 10:12Speaker 1: heads members of Congress that you serve with. Uh And
- 10:15Speaker 1: the word that I wrote down was Western hemisphere. There
- 10:18Speaker 1: has been a fever pitch of Western hemisphere and how
- 10:22Speaker 1: Venezuela fits into this and what happens with China or
- 10:25Speaker 1: Russia or Iran Cuba gets involved, X Y and Z
- 10:28Speaker 1: in Venezuela. Can we just take a half a step
- 10:32Speaker 1: back explain politically what the meaning of Western hemisphere means
- 10:37Speaker 1: for people that maybe don't understand why it's so important
- 10:41Speaker 1: and how it relates to national security with the United
- 10:43Speaker 1: States of America as a broader point before we go
- 10:46Speaker 1: into to then why some other countries want to be
- 10:48Speaker 1: involved in Venezuela.
- 10:50Speaker 3: Yeah.
- 10:50Speaker 2: Look, the Western Hemisphere is just North America and South America.
- 10:53Speaker 3: It's our half of the world.
- 10:55Speaker 2: It's it's the the bi and also the Caribbean Islands,
- 10:58Speaker 2: and and and and and but it essentially the land
- 11:01Speaker 2: that has the Atlantic Ocean on the east and the
- 11:04Speaker 2: Pacific Ocean on the west and and and the Western
- 11:06Speaker 2: Hemisphere is distinct from the Eastern hemisphere, which is Europe
- 11:10Speaker 2: and Asia and Africa and Australia. All of that's the
- 11:13Speaker 2: Eastern hemisphere. But the Western hemisphere, you know, you know,
- 11:15Speaker 2: going back to the very earliest days of America, where
- 11:18Speaker 2: where the Monroe Doctrine laid out that that that we
- 11:21Speaker 2: are going to protect the Western hemisphere. This is our hemisphere.
- 11:25Speaker 2: And and we talked about in Monday's podcast how Donald
- 11:28Speaker 2: Trump believes very much in the Monroe doctrine, so much
- 11:31Speaker 2: so that it's now being widely referred to as the
- 11:33Speaker 2: Donro doctrine because he's put his own own stamp on it.
- 11:38Speaker 3: And and and I'm going.
- 11:39Speaker 2: To give a couple of stories to give some context,
- 11:41Speaker 2: because I think this is massively consequential for other countries
- 11:45Speaker 2: in the Western Hemisphere and for US national security.
- 11:49Speaker 3: I mentioned on Monday's pod.
- 11:51Speaker 2: That that that the Office Legal Counsel is who prepared
- 11:56Speaker 2: the legal memorandum UH that laying out the basis arresting
- 12:01Speaker 2: Noriega and Panama. And I mentioned that Bill Barr was
- 12:05Speaker 2: the head of the Office Legal Council who wrote that memo.
- 12:07Speaker 2: But I also mentioned that there'd been lots of very
- 12:11Speaker 2: respected lawyers who had headed OLC, including antonin Scalia, including
- 12:16Speaker 2: William Rehnquists, and I mentioned Chuck Cooper, who was my
- 12:19Speaker 2: very first boss when I came from clerking for Chief
- 12:22Speaker 2: Justice Renquist, and I was a twenty seven year old lawyer.
- 12:26Speaker 2: My first boss was Chuck Cooper. He's one of the
- 12:28Speaker 2: top Supreme Court litigators in the country. And as it
- 12:32Speaker 2: so happened, we recorded Monday's pod Sunday evening, and then
- 12:36Speaker 2: we finished recording the pod and I went to have
- 12:38Speaker 2: dinner with Chuck. So I literally went to Chuck's house
- 12:41Speaker 2: as soon as we finished recording, and he told me
- 12:43Speaker 2: a story I didn't know, which is during the Reagan administration, Chuck,
- 12:49Speaker 2: as a young thirty something lawyer, was the one that
- 12:54Speaker 2: Reagan sent down to Panama to negotiate with North no way,
- 13:02Speaker 2: and so he went down there and he was sort
- 13:04Speaker 2: of laughing, is like, I was the only one kind
- 13:06Speaker 2: of foolish enough to accept the assignment. And he went
- 13:10Speaker 2: down and he said, you know, Noriega came and arrived
- 13:14Speaker 2: in like a caravan of of big armored cars and
- 13:18Speaker 2: he had all sorts of soldiers with with automatic weapons.
- 13:21Speaker 2: And you know, Chuck sitting there as this, you know,
- 13:24Speaker 2: young lawyer from dj and they were trying to negotiate
- 13:28Speaker 2: Noriega's leaving voluntarily, and he was going to leave voluntarily
- 13:32Speaker 2: and go to a third country and he could live
- 13:35Speaker 2: in exile and live in peace. And by the way,
- 13:37Speaker 2: Trump tried to do the same thing, which is negotiate
- 13:40Speaker 2: with Maduro. If you want to leave in peace, we'll
- 13:43Speaker 2: let you leave in peace. And Noriego, just Noriega Maduro
- 13:47Speaker 2: both made the same stupid mistake. They said, no, I'm
- 13:51Speaker 2: not going to leave. And Chuck told me he said
- 13:53Speaker 2: he was negotiating, and Noriego was like, absolutely not, I'm
- 13:56Speaker 2: not going anywhere.
- 13:57Speaker 3: That will never happen.
- 13:59Speaker 2: And Chuck told me he finished the meeting at the
- 14:01Speaker 2: end of the meeting, and he said said, Miss President,
- 14:05Speaker 2: I need to tell you something, which is I'm going
- 14:08Speaker 2: to leave now. I'm going to go back to the
- 14:10Speaker 2: United States, but people are going to come after me
- 14:14Speaker 2: and they're not going to take no for an answer.
- 14:16Speaker 3: And he did that.
- 14:18Speaker 1: By the way, isn't it amazing that Chavez has happened him?
- 14:21Speaker 1: Maduro saw it, Maduro's wife saw it, and the sorry, yeah, it's.
- 14:29Speaker 3: Hard to keep these Latin American dictator.
- 14:31Speaker 1: Straight exactly, but you see it. It's like you would
- 14:33Speaker 1: think they would look at the history and be like, Okay,
- 14:35Speaker 1: we know how this ends, like we understand how this ends.
- 14:40Speaker 1: And yet and it's there, like they can see it.
- 14:42Speaker 1: It's tangible. They can see the fallout afterwards. They can
- 14:45Speaker 1: see how it went down. And then when Donald Trump
- 14:47Speaker 1: calls you and is like, hey, man, like we'll let
- 14:49Speaker 1: you leave, like we're literally letting you leave, if you'll
- 14:52Speaker 1: just leave, He's like, nope, never leaving. You can and
- 14:55Speaker 1: then he goes down on stage. You can come and
- 14:56Speaker 1: get me, you coward. Well okay, we did it.
- 14:59Speaker 3: Yeah.
- 15:00Speaker 2: He was literally chanting and and and screaming at Trump,
- 15:03Speaker 2: calling him a coward, and in Spanish guard thee And
- 15:06Speaker 2: well it turned turned out he said come and get me,
- 15:08Speaker 2: and Trump said okay, and and and he did, and
- 15:12Speaker 2: and and that, Uh, look in terms of Latin America,
- 15:16Speaker 2: I'll tell you also, yesterday I spoke with President Trump
- 15:19Speaker 2: and and in the in the oval, and we talked
- 15:21Speaker 2: about a lot of topics. But but I I told him,
- 15:24Speaker 2: I said, listen, congratulations on on on the Venezuela attack.
- 15:28Speaker 3: On the arrest.
- 15:29Speaker 2: I said, mister President, candidly that that that that took
- 15:33Speaker 2: cast iron balls to issue that order, because frankly, it
- 15:38Speaker 2: could have gone wrong a thousand different ways.
- 15:42Speaker 3: And and there's.
- 15:43Speaker 1: Also part of it when you make those orders that
- 15:45Speaker 1: I think people don't realize. You've been around it, and
- 15:47Speaker 1: I've been around it. You were making a decision that
- 15:51Speaker 1: very well could cost an America in their lives.
- 15:53Speaker 3: Well, and the President and I talked about that.
- 15:56Speaker 1: That's a lot. I mean, people don't realize I think
- 15:58Speaker 1: how much that weighed, even on President Bush when I
- 16:00Speaker 1: was around him, when he knew that there were Americans
- 16:03Speaker 1: dying because the decision that you're making. Donald Trump, I
- 16:06Speaker 1: think really understands that as well.
- 16:08Speaker 2: Yeah, and we talked about that and we both talked
- 16:10Speaker 2: about we marveled at the incredible military precision that they
- 16:16Speaker 2: carried out. That the fact that this attack they went
- 16:19Speaker 2: in and they landed in the middle of a major
- 16:24Speaker 2: metropolitan city with five million people. They landed in the
- 16:26Speaker 2: middle of a huge military base. You know, it's been
- 16:30Speaker 2: now publicly reported that there were thirty two Cuban soldiers
- 16:34Speaker 2: guarding Maduro, all of whom were killed.
- 16:36Speaker 3: Yeah, and we did not lose a single.
- 16:40Speaker 2: US serviceman who was there. Two were shot, but neither
- 16:46Speaker 2: was killed. And I'll tell you something a fact I
- 16:49Speaker 2: learned today at which I didn't know, which is when
- 16:52Speaker 2: they had Maduro and the First Lady and the Cuban
- 16:56Speaker 2: security forces were opening fire on them, and then they
- 17:00Speaker 2: they were engaged in a firefight. Our soldiers blocked Maduro
- 17:05Speaker 2: and the First Lady with their own bodies. No, they
- 17:07Speaker 2: had body armor, but they were trying to make it
- 17:10Speaker 2: un arrest that they actually treated it under the protocol
- 17:13Speaker 2: for a hostage extraction because they didn't want them shot
- 17:17Speaker 2: in the process. They wanted him to come back to
- 17:19Speaker 2: the United States and faced prosecution and face justice. And
- 17:23Speaker 2: so you want to talk about the bravery of Delta Force,
- 17:26Speaker 2: literally putting their bodies with body armor in front of
- 17:31Speaker 2: Maduro and the first Lady so that they didn't get
- 17:34Speaker 2: shot by the Cuban. That's extraordinary. And I got to
- 17:40Speaker 2: say so when I was talking with President Trump, he
- 17:43Speaker 2: actually asked me he brought up He said, he brought
- 17:46Speaker 2: up in the first term, his taking out General Solomoni
- 17:50Speaker 2: in Iran. He talked about his taking out a bag Daddy.
- 17:54Speaker 2: He talked about his launching the military bombing attack on
- 17:58Speaker 2: the nuclear facilities, and he talked about this, and all
- 18:03Speaker 2: of them were spectacular successes. And actually President Trump asked
- 18:07Speaker 2: me a question. He said, ted, which was more important
- 18:11Speaker 2: the nuclear facilities in Iran or take arresting Maduro actually stops.
- 18:18Speaker 2: That's a hard one, I said, was President, that is
- 18:21Speaker 2: a very good question. And I said, to be honest,
- 18:25Speaker 2: it's really close. If you forced me to answer that,
- 18:29Speaker 2: here's what I would say. I think taking out the
- 18:31Speaker 2: nuclear facilities in Iran was more important geopolitically in terms
- 18:35Speaker 2: of our national security. The Iyahtola with nuclear weapons could
- 18:39Speaker 2: have murdered vast numbers of Americans, and so taking out
- 18:42Speaker 2: those nuclear facilities made America much much safer. But I said,
- 18:47Speaker 2: arresting Maduro is a very close second because it changed
- 18:52Speaker 2: the entire geopolitical balance of power in the Western Hemisphere.
- 18:56Speaker 2: And it's interesting the President said, you know, you know,
- 18:58Speaker 2: I agree that that's exactly how I would run those
- 19:00Speaker 2: two and so it was an interesting you know, Trump
- 19:03Speaker 2: is rarely, i would say, deeply introspective. That's not just
- 19:09Speaker 2: his nature, and he was kind of reflecting on that.
- 19:11Speaker 2: We had a good conversation, and to be honest, I
- 19:13Speaker 2: hadn't until he asked me that question. I hadn't really
- 19:16Speaker 2: thought of. But hands down, those are the two most
- 19:20Speaker 2: important foreign policy decisions that he's made. And in terms
- 19:25Speaker 2: of the Western hemisphere, what does that mean. Well, let's
- 19:27Speaker 2: take Cuba. Cuba is probably the country most impact and
- 19:30Speaker 2: we talked about this a little on Monday's pod So
- 19:34Speaker 2: Cuba for years, it's a communist dictatorship. It's been under
- 19:37Speaker 2: communist control since Fidel Castro led a revolution that succeeded.
- 19:41Speaker 3: In nineteen fifty nine.
- 19:42Speaker 2: And the people, just like Venezuela, the communists in Cuba
- 19:47Speaker 2: destroyed the economy that people suffer in misery and poverty.
- 19:51Speaker 2: But they've been ruthless and for many decades. They survived
- 19:56Speaker 2: in significant part because the Soviet Union sent him vast
- 19:58Speaker 2: amounts of money, and so they were satellite power of
- 20:00Speaker 2: the Soviet Union. Obviously led to things like the Cuban
- 20:04Speaker 2: Missile crisis, where the Soviets were trying to put missiles
- 20:08Speaker 2: in Cuba to target the United States. But in the
- 20:11Speaker 2: early nineteen nineties, when the Soviet Union collapsed, suddenly Cuba
- 20:16Speaker 2: did not have that financial lifeline anymore. And when that happened,
- 20:21Speaker 2: the country that stepped in was Venezuela. And because Venezuela
- 20:26Speaker 2: has these massive oil reserves and at the time still
- 20:29Speaker 2: had significant money. Essentially, the trade off that Venezuela has
- 20:33Speaker 2: done for years is Venezuela sends massive amounts of oil
- 20:38Speaker 2: to Cuba and it fuels the Cuban economy, what little
- 20:41Speaker 2: of it there is, and Cuba in effect pays for
- 20:44Speaker 2: it by sending thugs, by sending soldiers and guards. And
- 20:49Speaker 2: the Cuban thugs they number one that they repress the
- 20:55Speaker 2: Venezuelan people. They murder people, they torture people. But look,
- 20:58Speaker 2: it speaks volume that Maduro's guards were the thirty two
- 21:03Speaker 2: Cubans who were guarding him. I mean that's literally his
- 21:07Speaker 2: armed forces around him.
- 21:08Speaker 1: Yeah, it wasn't Venezuelan armed forces, it was Cubans.
- 21:12Speaker 2: And President Trump is continuing to enforce the oil blockade,
- 21:17Speaker 2: so there is not Venezuelan oil flowing to Cuba right now.
- 21:21Speaker 2: That is putting massive pressure on the Cuban economy. And
- 21:24Speaker 2: I got to say, the communist leadership there is looking around.
- 21:28Speaker 2: And number one, you want to talk about their military prowess.
- 21:31Speaker 2: They had thirty two soldiers guarding Maduro. All thirty two
- 21:34Speaker 2: Cuban soldiers are dead. Not a single US soldier lost
- 21:37Speaker 2: his life. They're sitting there going okay, our days are numbered.
- 21:42Speaker 2: And I'm hopeful one of the consequences of this will
- 21:46Speaker 2: be a free Cuba, that the communist regime falls in Cuba.
- 21:50Speaker 1: And that could be a fall because of just the
- 21:52Speaker 1: economy totally collapsing and the lack of the lights literally
- 21:57Speaker 1: staying on because of the oil not showing up.
- 22:00Speaker 2: Yes, And I'll say more broadly, dictatorships depend upon the
- 22:06Speaker 2: perception of strength, the perception of invulnerability. We're seeing this
- 22:11Speaker 2: play out in Iran right now. In Iran, they're protests
- 22:13Speaker 2: all over Iran on the streets and the people are
- 22:17Speaker 2: rising up and regular listeners a verdict will recall that
- 22:21Speaker 2: in the wake of President Trump or ordering the bombing
- 22:25Speaker 2: on the Iranian nuclear facilities, I predicted on this podcast.
- 22:28Speaker 2: I said, I think the Iotola and the Balahs their
- 22:31Speaker 2: days are numbered. And here's why the Iatola lost a war.
- 22:37Speaker 2: And there are real consequences in the real world when
- 22:40Speaker 2: you lose a war. Now, first, they lost the Twelve
- 22:44Speaker 2: Day War to Israel, and Israel took out all of
- 22:46Speaker 2: their air defenses, took out much of their senior leadership,
- 22:49Speaker 2: took out much of the IRGC, took out the head
- 22:51Speaker 2: of the IRGC. Literally day after day after day they
- 22:54Speaker 2: kept pointing someone new and he was killed the next day.
- 22:57Speaker 2: And if you are a radical Islamist leader who not
- 23:04Speaker 2: only loses a war, but loses a war to Israel, yeah,
- 23:09Speaker 2: you know what, you ain't the supreme leader any war.
- 23:12Speaker 2: You look weak and ineffective. And there's no ambiguity about it.
- 23:16Speaker 2: There's no amount of spinning that can say no, no, no,
- 23:19Speaker 2: we didn't lose. And then you put on top of that,
- 23:22Speaker 2: the President of the United States bombs into oblivion your
- 23:26Speaker 2: nuclear facilities. And what I said is, look, we don't
- 23:30Speaker 2: have to send in the US military to Iran for
- 23:33Speaker 2: the regime to fall. The regime is so weakened. My
- 23:37Speaker 2: hope is the Iranian people will rise up. I think
- 23:40Speaker 2: there's a real possibility that's happening right now, and they
- 23:43Speaker 2: are weakened. The same is true certainly Venezuela. The fact
- 23:48Speaker 2: that that Maduro was captured has weakened the communist regime there,
- 23:53Speaker 2: But the communist regime in Cuba, the fact that their
- 23:57Speaker 2: soldiers were just obliterated. Just like it weakens Iran, it
- 24:01Speaker 2: weakens Cuba as well. And by the way, the same
- 24:04Speaker 2: thing is true for Daniel Ortega and Nicaragua and other
- 24:08Speaker 2: communists to Sandinista. The same thing is true for Gustavo
- 24:12Speaker 2: Petro in Colombia, another radical left winger who's viciously anti American,
- 24:17Speaker 2: and even Lula in Brazil. Now, Brazil is a more
- 24:21Speaker 2: stable and stronger country than the other players, but Lula, Likewise,
- 24:25Speaker 2: every leftist in Latin America who hates America and hates
- 24:30Speaker 2: President Trump is materially weaker.
- 24:34Speaker 3: And I believe a resting Maduro is going to result in.
- 24:41Speaker 2: More freedom loving and America loving leaders in Latin America
- 24:46Speaker 2: and more countries moving in the direction to be our friends.
- 24:51Speaker 2: That's good for Latin America, but it's good for America.
- 24:53Speaker 1: And there's another country when I ask you about, and
- 24:55Speaker 1: that's Mexico. Yeah, you actually had a codell what three
- 25:00Speaker 1: four months ago where you went down into Latin America.
- 25:03Speaker 1: I would be very interested to see how that codell
- 25:05Speaker 1: would go down today and what the conversations would be
- 25:09Speaker 1: like with the leaders you met with today compared to
- 25:12Speaker 1: Then let's talk a little bit about Mexico. It's pretty
- 25:16Speaker 1: clear now that people are accepting the fact that it's
- 25:18Speaker 1: a failed state. The narco terrorists are in charge of it.
- 25:22Speaker 1: The president of Mexico is a figurehead at best. There's
- 25:26Speaker 1: a lot of people that are asking the question is
- 25:29Speaker 1: that now I guess you could say the reality of
- 25:31Speaker 1: this because of what we are witnessing, and maybe she
- 25:35Speaker 1: doesn't seem to be as strong as she was before.
- 25:37Speaker 1: What does this mean for the narco terrorists there? And
- 25:40Speaker 1: what does this mean for America's response? And is this
- 25:42Speaker 1: also an opportunity with us to stop the flow of drugs.
- 25:45Speaker 1: We stopped the human trafficking, we stopped the illegal immigrants
- 25:48Speaker 1: coming across the border. That's amazing, But there's still a
- 25:51Speaker 1: lot of drugs that are in Mexico that come into
- 25:53Speaker 1: the United States of America find their way in. So
- 25:55Speaker 1: what does this do now for Donald Trump's hand and
- 25:58Speaker 1: our national securities? Time and the drugs the same we
- 26:00Speaker 1: did in Venezuela.
- 26:01Speaker 3: Yeah.
- 26:02Speaker 2: Look, so I think what you said about Claudia Scheinbaum,
- 26:04Speaker 2: the president of Mexico, is too strong. I would not
- 26:08Speaker 2: describe Mexico as a failed state, and I think she
- 26:11Speaker 2: is in a fundamentally different position than a Maduro or
- 26:17Speaker 2: the other communist dictators in Latin America. She is a leftist.
- 26:22Speaker 2: She's following Amlo who was elected as a leftist. But listen,
- 26:25Speaker 2: Mexico and the United States have massive trade and commerce
- 26:29Speaker 2: back and forth. We cooperate on a great, great deal
- 26:35Speaker 2: of matters. You know, we've talked on this podcast before
- 26:38Speaker 2: about Mexican water.
- 26:39Speaker 3: There's a water treaty called the Water.
- 26:41Speaker 2: Treaty of nineteen forty four that obligates Mexico to provide
- 26:45Speaker 2: three hundred and fifty thousand acre feet of water a
- 26:47Speaker 2: year to South Texas, and under Biden, the Biden administration
- 26:51Speaker 2: didn't enforce that treaty and Mexico walked all over US
- 26:54Speaker 2: and ended up being one point three million acre feet
- 26:58Speaker 2: of water in arrears. Now what if that means a
- 27:00Speaker 2: practical matter. It meant that the farmers in South Texas
- 27:04Speaker 2: were facing a drought, not a natural disaster, but a
- 27:06Speaker 2: man made disaster. It was caused by the Mexican government
- 27:09Speaker 2: defying their treaty obligations. And by the way, the Mexicans
- 27:13Speaker 2: were diverting that water from South Texas to the farmers
- 27:17Speaker 2: in northern Mexico. And so the drought in South Texas,
- 27:20Speaker 2: you had farmers who were taking about half their acreage
- 27:23Speaker 2: out of production, were laying off workers. The only sugar
- 27:26Speaker 2: mill in Texas in twenty twenty four closed down because
- 27:30Speaker 2: of the drought caused by Mexico defying the treaty. And
- 27:35Speaker 2: the farms in northern Mexico were lush and verdant. I
- 27:38Speaker 2: mean they were a wash in water. And I spent
- 27:41Speaker 2: the entire Biden presidency trying to get the Biden State
- 27:43Speaker 2: Department stand up to Mexico.
- 27:45Speaker 3: They refused to do so.
- 27:46Speaker 2: When Trump came in, I went to him directly and
- 27:50Speaker 2: asked him, and in fact I worked with him to
- 27:52Speaker 2: draft a tweet that he sent that made very clear.
- 27:55Speaker 2: He threatened Mexico, if you don't give the water that
- 27:58Speaker 2: Texas deserves, were going to impost sanctions or tariffs. The
- 28:03Speaker 2: day President Trump sent the tweet, and to be clear,
- 28:06Speaker 2: it was a tweet that I helped write. Yeah, that night,
- 28:10Speaker 2: Claudia Scheinbaum called an emergency cabinet meeting at seven pm
- 28:14Speaker 2: that evening to decide how to respond, and she responded
- 28:17Speaker 2: by releasing about four hundred thousand acre feet of water,
- 28:21Speaker 2: which was enormously helpful to the farmers in South Texas.
- 28:24Speaker 2: And then just in December, the Mexicans had started slow
- 28:29Speaker 2: walking the water again, and so I went to Trump again.
- 28:31Speaker 2: I went to the Oval and Number one, I told
- 28:33Speaker 2: him the story of like the emergency cabinet meeting, which
- 28:36Speaker 2: I don't know that he had heard the blow by
- 28:38Speaker 2: blow of what had happened. But then I said, look,
- 28:42Speaker 2: they're slow walking it again. Would you send another tweet?
- 28:44Speaker 2: He said, sure, draft something for me and we'll do
- 28:46Speaker 2: it within like a day or two. He sent out
- 28:49Speaker 2: the other tweet, and he said, look, we're going to
- 28:51Speaker 2: respond forcibly against Mexico unless you agree to provide us
- 28:57Speaker 2: that they owe us for under the treaty a little
- 29:00Speaker 2: eight hundred thousand acre feet of water remaining, and Mexico agreed,
- 29:04Speaker 2: we're going to.
- 29:04Speaker 3: Provide the water.
- 29:05Speaker 2: So I will say Mexico, look, look, Claudia Schinbaum is
- 29:11Speaker 2: no doubt disturbed by seeing Maduro weekend. And Mexico had
- 29:16Speaker 2: to some extent aligned with the Venezuela, Cuba, Nicaragua, Columbia access.
- 29:21Speaker 2: But Mexico also has very close relationships with the United States,
- 29:25Speaker 2: so it stands on a different footing.
- 29:26Speaker 3: But you're right.
- 29:27Speaker 2: In August, when I was in Mexico meeting with senior
- 29:30Speaker 2: government officials, I said, listen, you guys are either going
- 29:33Speaker 2: to go after the narco traffickers who are in Mexico,
- 29:36Speaker 2: the cartels who became massively powerful under Biden, or if
- 29:40Speaker 2: you don't go after them. I said, I believe Donald
- 29:43Speaker 2: Trump will, and they were skeptical. I got to tell you.
- 29:46Speaker 2: One of my senior foreign policy guy was on the
- 29:49Speaker 2: trip with.
- 29:50Speaker 3: Me and he argued with me.
- 29:52Speaker 2: And what he argued with me at the time is
- 29:54Speaker 2: he said, I think Trump will go after Venezuela before Mexico,
- 30:00Speaker 2: And I said, I don't know about that. I think
- 30:02Speaker 2: the Mexican cartells he's very focused on it. Well, it
- 30:05Speaker 2: turned out he maintains we made a bet on it.
- 30:08Speaker 2: I don't recall any wager, but he.
- 30:11Speaker 1: I believe that there was a bet. Now I totally
- 30:13Speaker 1: believe it because I know you're talking about it. I'm
- 30:15Speaker 1: going to side on this one for sure.
- 30:18Speaker 2: I am skeptical that there was any wager, but I
- 30:21Speaker 2: will say you're right for Mexico. Also, I have every
- 30:26Speaker 2: confidence that it is going to focus the mind of
- 30:28Speaker 2: the administration that when the Trump administration says let's go
- 30:33Speaker 2: after the narco traffickers, they better cooperate or bad things
- 30:37Speaker 2: can happen. And I think that's a great thing. As
- 30:41Speaker 2: I told the President yesterday when I talked to him,
- 30:43Speaker 2: I said, listen, the world is safer, the world is
- 30:45Speaker 2: better off. America is safer when we have a strong
- 30:48Speaker 2: commander in chief as compared to a weak commander in
- 30:51Speaker 2: chief as compared to Joe Biden. And I'll tell you
- 30:53Speaker 2: Trump and I both talked about We both immediately went
- 30:55Speaker 2: to the same analogy, which was Jimmy Carter when he
- 31:00Speaker 2: in a rescue team to rescue our hostages in Iran
- 31:03Speaker 2: in nineteen seventy nine, and that rescue team crashed in
- 31:09Speaker 2: the desert. Two helicopters crashed into each other, and there
- 31:12Speaker 2: was no opposing fire. They hadn't even gotten there, they
- 31:15Speaker 2: just crashed and it was at Actually Trump asked me
- 31:18Speaker 2: the following question. He said, do you think Carter would
- 31:22Speaker 2: have lost if those helicopters hadn't crashed?
- 31:25Speaker 3: And I said, I don't know.
- 31:26Speaker 2: It's a very good question. And he said, or if
- 31:29Speaker 2: there hadn't been a hostage crisis. I said, that's a
- 31:31Speaker 2: really good question. I said, I think Carter lost for
- 31:34Speaker 2: two big reasons. One, the economy was a disaster and
- 31:37Speaker 2: he screwed it up badly. And two the incredible weakness
- 31:41Speaker 2: of the hostage crisis. Americans don't like a week president.
- 31:43Speaker 2: I think those two are what elected Ronald Reagan. And
- 31:47Speaker 2: I told President Trump, I said, we don't have to
- 31:49Speaker 2: go all the way back to Carter.
- 31:51Speaker 3: We can go to Joe Biden.
- 31:52Speaker 2: Joe Biden lost and you won number one because he
- 31:56Speaker 2: screwed up the economy, and number two for the same thing.
- 31:59Speaker 2: Four and policy weakness. And it's why I said that
- 32:02Speaker 2: President Trump showed so much courage by ordering this attack
- 32:06Speaker 2: because these things can go wrong.
- 32:08Speaker 3: Now.
- 32:08Speaker 2: I think part of the reason the military was so
- 32:10Speaker 2: effective is he's he's taken the shackles off them and
- 32:15Speaker 2: let them focused on war fighting, on doing their job,
- 32:18Speaker 2: on being effective. You don't have a bunch of.
- 32:20Speaker 1: Lawyers anymore right before. You don't have a bunch of
- 32:24Speaker 1: dudes acting like chicks that are trying to get me
- 32:26Speaker 1: armed forces.
- 32:26Speaker 3: That that that's exactly right.
- 32:29Speaker 2: And he allows them to focus on excellence and performing
- 32:33Speaker 2: their job of keeping this country safe and and and
- 32:37Speaker 2: it was an extraordinary operation in Venezuela.
- 32:41Speaker 1: It really was. So let's go to Venezuelan now and
- 32:44Speaker 1: rap with this what is next? And let me just
- 32:48Speaker 1: I could look at my Twitter feed and I was
- 32:50Speaker 1: on CNN last night and it was the topic of conversation,
- 32:55Speaker 1: and that is there are a lot of people that
- 32:57Speaker 1: believe that America First policy that Donald Trump ran on
- 33:01Speaker 1: was not invading countries and staying indefinitely like Iraq, Afghanistan.
- 33:07Speaker 1: There is a lot of concern. I heard it. You
- 33:11Speaker 1: probably saw the clip of Lindsey Graham on Air Force
- 33:13Speaker 1: One with the President saying, you know, this is the
- 33:15Speaker 1: guy that loves to be in these forever wars. And
- 33:17Speaker 1: there was people that were really concerned with that image
- 33:20Speaker 1: of if that's who's in his ear. I don't want
- 33:22Speaker 1: to get bogged down in Venezuela. I don't want our
- 33:26Speaker 1: men and women to be there and the loss of
- 33:28Speaker 1: life to mount and grow because we decide to take
- 33:32Speaker 1: over a country indefinitely. There's a lot of people that
- 33:34Speaker 1: voted for Trump. They believe that's what he was never
- 33:37Speaker 1: going to do, and now they're like, well, hold on,
- 33:39Speaker 1: we're here, we're going to take it over. There is
- 33:41Speaker 1: a lot of concerns, So let's dive into that and
- 33:43Speaker 1: talk about what this looks like next to Venezuela. What
- 33:46Speaker 1: is responsibility, what responsibiity? Do we have to do it
- 33:50Speaker 1: the right way, but also to not just sit there indefinitely.
- 33:54Speaker 2: Well, listen, first of all, let me be clear, we
- 33:56Speaker 2: are not at war with Venezuela. This is not a
- 34:00Speaker 2: forever war. It's not even a war. This was a
- 34:03Speaker 2: military operation to execute an arrest warrant. It was the
- 34:07Speaker 2: military supporting the FBI and arresting indicted narco terrorists and
- 34:13Speaker 2: it took a couple of hours and was over. They
- 34:14Speaker 2: went in, they got them, and they left. That was
- 34:17Speaker 2: the conclusion of the military conflict.
- 34:19Speaker 3: It's not a war.
- 34:20Speaker 2: It's not as I said, it's not a forever war.
- 34:22Speaker 2: It was not even a five hour war. It was
- 34:24Speaker 2: about a two hour war. And I wouldn't even call
- 34:27Speaker 2: it a war. It was when you go and arrest someone,
- 34:30Speaker 2: it was an arrest with the military supporting and protecting
- 34:34Speaker 2: the law enforcement officers carrying out the arrest. What happens next. So,
- 34:41Speaker 2: the day after Maduro was arrested, Delci Rodriguez, who was
- 34:45Speaker 2: the vice president, was sworn in as the interim president. Now, listen,
- 34:50Speaker 2: no American should be happy with Delsi Rodriguez as the
- 34:54Speaker 2: president of Venezuela for any extended period of time. And
- 34:57Speaker 2: I'm going to go into a little bit of background
- 34:58Speaker 2: in terms of who she is and then talk about
- 35:01Speaker 2: what should happen next. Now, Now, Delsia Rodriguez is a communist. Yes,
- 35:05Speaker 2: she was the vice president. She hates America. Let me
- 35:07Speaker 2: give you some of her background. She was the vice president.
- 35:13Speaker 2: Before that, she was the oil minister, and she was
- 35:18Speaker 2: she is a lawyer to like the first lady, and
- 35:21Speaker 2: she's been in in just about every post she was. Also,
- 35:25Speaker 2: she was foreign minister, she was President of the Constituent Assembly,
- 35:29Speaker 2: vice president and oil Minister. She was sworn in as
- 35:33Speaker 2: the interim president. You know who swore in? Here's that
- 35:36Speaker 2: her brother, Jorge Rodriguez, who is the head of the
- 35:39Speaker 2: National Assembly. So to understand this is is a corrupt Marxist,
- 35:46Speaker 2: communist America hating woman.
- 35:48Speaker 3: And let me give you her background. She was born
- 35:50Speaker 3: in Caracas.
- 35:51Speaker 2: She is the daughter of a Marxist Gorilla leader named
- 35:55Speaker 2: Jorge Antonio Rodriguez, and she is a rather Her dad
- 36:01Speaker 2: was a co founder of the Socialist League.
- 36:03Speaker 3: Her dad was arrested.
- 36:06Speaker 2: In connection with the nineteen seventy six kidnapping of American
- 36:09Speaker 2: businessman William F. Niehouse and died in police custody, and
- 36:17Speaker 2: one source said the following that Ordeal is the foundation
- 36:22Speaker 2: and origin of Delce's hatred of the West and of democracy.
- 36:28Speaker 2: Her whole background was Marxist and in fact, the source continued,
- 36:34Speaker 2: the Gorilla Marxist element kidnapped at American executive nineteen seventy six.
- 36:39Speaker 2: He was held for three years until authorities located the
- 36:43Speaker 2: group hiding in the Amazon jungle.
- 36:48Speaker 3: She is She was.
- 36:50Speaker 2: Sanctioned by the Treasury Department's Office of Foreign asset control.
- 36:57Speaker 2: Because of her senior role in the Maduau administration, those
- 37:01Speaker 2: sanctions are still in place. She was also caught transporting
- 37:07Speaker 2: gold illegally into Spain. She had forty bags four zero
- 37:12Speaker 2: bags full of gold in a private jet as the
- 37:15Speaker 2: vice president, and they put the bags through the X
- 37:18Speaker 2: ray and they said, wait, you got forty bags full
- 37:20Speaker 2: of gold, and she was.
- 37:23Speaker 1: She's like, I'm from Venezuela. This is normal, this is
- 37:25Speaker 1: how we operate there. I'm the vice president. Right, that's
- 37:27Speaker 1: some big deal.
- 37:28Speaker 2: Look, she is a communist leader and she is not
- 37:32Speaker 2: a friend of the West. Now, I will say this
- 37:36Speaker 2: right now, it appears she's cooperating with the Trump administration.
- 37:40Speaker 2: I'm sure it made an impression seeing Delta for show
- 37:43Speaker 2: up at arrest Madua.
- 37:44Speaker 3: In the first lady.
- 37:46Speaker 1: Yeah, she could be next.
- 37:48Speaker 2: She's cooperating right now. We'll see if she continues to cooperate.
- 37:52Speaker 2: By the way, there are multiple reports of violence on
- 37:55Speaker 2: the ground. There have been reports of potential coups from
- 37:58Speaker 2: other leaders in the government. There is some stability, but
- 38:00Speaker 2: I'll tell you what needs to happen. No one should
- 38:03Speaker 2: be happy. Number one. What you said is exactly right.
- 38:07Speaker 2: We do not want to see an American occupation. We
- 38:10Speaker 2: don't want to see an extended American presence on the ground,
- 38:13Speaker 2: and we don't want to see this America hating communists,
- 38:19Speaker 2: essentially the Madurea regime continuing. What should happen is free
- 38:24Speaker 2: and fair elections, and free and fair elections. Look, the
- 38:27Speaker 2: last election we talked about in the last podcast that
- 38:32Speaker 2: Madua was arrested because he's an arco trafficker, but he
- 38:34Speaker 2: was also arrested because he's illegitimate because in the last
- 38:38Speaker 2: election he lost decisively to the opposition party, and yet
- 38:41Speaker 2: he stayed in power just as a thug and dictator.
- 38:44Speaker 2: And that was part of the legal basis for why
- 38:47Speaker 2: we could do this, because he was no longer legitimately
- 38:49Speaker 2: ahead of state and he was not recognized as the
- 38:52Speaker 2: head of state by the United States, including the Biden
- 38:54Speaker 2: administration and much of the rest of the world. There
- 38:59Speaker 2: should be free in fair elections, and I think it
- 39:01Speaker 2: would be very very good for Venezuela and very very
- 39:05Speaker 2: good for America if they were to elect a leader
- 39:09Speaker 2: who who is a pro America, pro free market leader
- 39:14Speaker 2: and Venezuela were to return to being a friend. Particularly
- 39:18Speaker 2: look one of the big things. They've got the largest
- 39:21Speaker 2: proven oil reserves of any country in the world.
- 39:24Speaker 1: And it really is amazing that if you think about
- 39:26Speaker 1: the amount of oil they have and also gold, that
- 39:30Speaker 1: how quickly they could come out of this. If they
- 39:32Speaker 1: just didn't have communists running the country like this is
- 39:35Speaker 1: this would be one of the easiest is. I was
- 39:37Speaker 1: described today by a banker and he was he was
- 39:40Speaker 1: just trying to put in perspective. He's like, when other
- 39:43Speaker 1: countries fall, then they need the World Bank. Then he'd
- 39:45Speaker 1: be able to come in and give him cash and
- 39:46Speaker 1: and and and and to help just stabilize at the
- 39:50Speaker 1: bare minimum of the total collapse of their economy. He said,
- 39:52Speaker 1: if you asked me right now, what country would I
- 39:55Speaker 1: want to be able to take over based on their
- 39:57Speaker 1: resources to build them back up the fastest. He was like,
- 40:00Speaker 1: Venezuela is like one of the easiest ones in the
- 40:03Speaker 1: whole world to do because of how minutes they have
- 40:07Speaker 1: to sell. They could get their economy up and roaring,
- 40:10Speaker 1: and the people could have a great life. And they
- 40:13Speaker 1: used to have that. By the way that Venezuela people
- 40:15Speaker 1: forget that.
- 40:16Speaker 2: Yeah, remember in nineteen fifty Venezuela had the fourth highest
- 40:20Speaker 2: GDP per capita in the world. The United States was first,
- 40:24Speaker 2: then Switzerland, then New Zealand, and Venezuela.
- 40:26Speaker 3: Was number four. That's what these communists screwed up. And listen.
- 40:30Speaker 2: President Trump has focused a great deal on trying to
- 40:33Speaker 2: get US oil companies to go and invest in Venezuela
- 40:36Speaker 2: now to produce the oil.
- 40:38Speaker 3: And even though they have.
- 40:38Speaker 2: Proven reserves, their infrastructure has collapsed. It's good the corruption
- 40:43Speaker 2: of the communism. They're not producing what they could, and
- 40:48Speaker 2: to be able to produce will take an investment of
- 40:52Speaker 2: likely hundreds of billions of dollars. It's not a cheap proposition. Now,
- 40:57Speaker 2: the oil that will be produced would generate more revenue
- 41:00Speaker 2: than that. But I'll tell you I actually spent a
- 41:03Speaker 2: good chunk of the day talking to people in the
- 41:05Speaker 2: energy industry and asking their views on Venezuela. And a
- 41:09Speaker 2: big question that if you're let's say you're the CEO
- 41:13Speaker 2: of Chevron or the CEO of ex On Mobile, and
- 41:15Speaker 2: you're trying to decide do I invest tens of billions
- 41:19Speaker 2: or hundreds of billions? Your number one question is what's
- 41:22Speaker 2: the government there? Are they stable? Is their rule of law?
- 41:26Speaker 2: Are they going to protect me or are they going
- 41:27Speaker 2: to seize am I going to invest one hundred billion
- 41:29Speaker 2: dollars and they come seize the assets like they did before.
- 41:32Speaker 2: If you don't trust the government there to protect your pity,
- 41:37Speaker 2: you're not going to invest. And it's why having free
- 41:40Speaker 2: and fair elections and a stable government that is friends
- 41:43Speaker 2: of the United States, that that is not Communists is
- 41:47Speaker 2: critical to the success, uh, not just to Venezuela, but
- 41:52Speaker 2: to the success of America's relationship with Venezuela. And so
- 41:56Speaker 2: I will say, you know, there's some folks you're seeing
- 42:00Speaker 2: people are saying, well, no, no, no, this this was not
- 42:03Speaker 2: regime change because we just arrested Maduro. But the exact
- 42:06Speaker 2: same regime is in place. And let me be clear
- 42:09Speaker 2: this I very much hope will be regime change at
- 42:13Speaker 2: the ballot box, which is a very different thing. That
- 42:16Speaker 2: it will be the voters that that there will be
- 42:18Speaker 2: a free and fair elections and the voters will choose
- 42:21Speaker 2: We don't want these corrupt Marxist Narco traffickers. We want
- 42:26Speaker 2: a leader that we choose to represent us and to
- 42:29Speaker 2: bring us back to prosperity. And if you want prosperity
- 42:32Speaker 2: in Venezuela. You want free enterprise, you want incentives for
- 42:37Speaker 2: investment to develop the massive natural resources, and you want
- 42:41Speaker 2: to trade with the United States of America. And so
- 42:43Speaker 2: that's the outcome all of us should be rooting for.
- 42:46Speaker 2: And I believe that's the outcome President Trump is working
- 42:49Speaker 2: very hard to produce.
- 42:51Speaker 1: Yeah, it's gonna it's gonna be very interesting to see.
- 42:53Speaker 1: We're gonna keep covering it. I can promise you that
- 42:56Speaker 1: don't forget. We did this show Monday, Wednesday Friday, and
- 42:58Speaker 1: if you miss part one of our deep dive into
- 43:01Speaker 1: Venezuela and what has happened, make sure you go back
- 43:03Speaker 1: and grab Monday's podcast wherever you get your podcasts, And
- 43:07Speaker 1: also you can watch your episodes on YouTube. Subscribe to
- 43:10Speaker 1: channel there. It's free. Also on Facebook, you can do
- 43:12Speaker 1: that as well. Follow The Center and Night on x
- 43:14Speaker 1: and we will keep you up to date on everything
- 43:16Speaker 1: going on in the world and The Center and I
- 43:17Speaker 1: will see you back here Friday morning.