Latest / The Ben Ferguson Podcast / Letting Americans Keep Their Money — One Reason Why Liberals Hate the Trump Tax Agenda
Transcript
- 0:00Speaker 1: There is a story that is really interesting that's developing
- 0:03Speaker 1: right now, and that is how the economy is actually
- 0:07Speaker 1: staying resilient even though we have gas prices that have
- 0:10Speaker 1: obviously gone up because of the war and Iran. Now
- 0:14Speaker 1: the media is trying to capitalize on this and saying
- 0:16Speaker 1: that Donald Trump is destroying this country, destroying the middle class,
- 0:19Speaker 1: and therefore you should immediately think that Democrats are going
- 0:23Speaker 1: to help you. Now, let's also just deal with the
- 0:26Speaker 1: reality that Democrats have made it very clear that if
- 0:29Speaker 1: they have it their way, they would actually like to
- 0:31Speaker 1: keep gas prices where they are right now. They want
- 0:34Speaker 1: to force you into their Green New Deal, They want
- 0:37Speaker 1: to force you into an electric vehicle. But because Republicans
- 0:42Speaker 1: are in charge the House, Senate, in the White House,
- 0:44Speaker 1: they're now saying that these gas prices are horrific, the
- 0:47Speaker 1: same exact gas prices, by the way, that they gave
- 0:51Speaker 1: you for years on end when Barack Obama was president
- 0:56Speaker 1: and also when Joe Biden was president. In fact, it
- 0:59Speaker 1: was the official a policy of the Democratic Party to
- 1:03Speaker 1: make gas prices go as high as they were in Europe,
- 1:06Speaker 1: which translated into six seven, eight nine dollars a gallon
- 1:09Speaker 1: in the United States of America. You also look at
- 1:12Speaker 1: where gas prices are the highest and where if they
- 1:14Speaker 1: really wanted to lower gas prices they could do it.
- 1:17Speaker 1: That's California. Why is California's gas price so much higher
- 1:22Speaker 1: than the rest of the country. It is because of
- 1:25Speaker 1: the massive amounts of taxes they put on gasoline, trying
- 1:29Speaker 1: to force people in California to basically bow down to
- 1:34Speaker 1: the Green New Deal and to buy an electric vehicle
- 1:38Speaker 1: or to ride share or to do kumbayas stuff. That
- 1:42Speaker 1: is their ultimate goal and their mission. Now, while all
- 1:46Speaker 1: that is happening, there's another part of this story, and
- 1:48Speaker 1: that is why is our economy still holding up under
- 1:53Speaker 1: this new pressure. It's actually very simple, and it's a
- 1:56Speaker 1: story that the media is not touching at all. What
- 2:00Speaker 1: Donald Trump has been able to do and you have
- 2:02Speaker 1: to go back to twenty seventeen to understand this, is
- 2:05Speaker 1: he has transformed the backbone of this country. How did
- 2:09Speaker 1: he do it by protecting, aiding and supporting small businesses
- 2:14Speaker 1: in America. That's how Donald Trump changed the game with
- 2:18Speaker 1: his historic tax cuts. I want you to make no
- 2:21Speaker 1: mistake about it. When Donald Trump talks about his economic agenda,
- 2:26Speaker 1: and he did. Today, you're talking literally about the most
- 2:29Speaker 1: aggressive pro small business tax revolution that we've seen in
- 2:34Speaker 1: modern American history period. All this started with the Tax
- 2:39Speaker 1: Cuts and Jobs Acts of twenty seventeen. It was a
- 2:42Speaker 1: sweeping overhaul of the tax code that slash taxes across
- 2:46Speaker 1: the board and fundamentally changed how businesses, large and especially
- 2:51Speaker 1: small businesses operated. Now, before those cuts, small businesses especially
- 2:56Speaker 1: passed through entities like LLCs and s corps. We're getting crushed.
- 3:01Speaker 1: They had high tax rates, they had complex regulations, and
- 3:05Speaker 1: very little incentive to expand their businesses. Then Trump came
- 3:09Speaker 1: in and he said, hey, I want to give you
- 3:11Speaker 1: a better chance to make it. I want more businesses
- 3:13Speaker 1: to succeed than to fail, and we're going to let
- 3:15Speaker 1: you keep more of your money so that you can
- 3:17Speaker 1: make it through tough times when you're starting a business
- 3:20Speaker 1: and flourish when you actually start making money. What happened boom.
- 3:26Speaker 1: The tax rates then dropped, deductions expanded, the incentives to
- 3:31Speaker 1: invest skyrocketed. Now we're talking about lower marginal rates, we're
- 3:37Speaker 1: talking about immediate expenses for equipment, and massive incentives to
- 3:42Speaker 1: hire and grow your company. The results are clear, not
- 3:47Speaker 1: only are economists saying that not only did GDP show
- 3:51Speaker 1: increase and employment rose significantly because you had stronger incentives
- 3:55Speaker 1: for business to invest and expand that was the real
- 3:58Speaker 1: world impact. Small business owners suddenly had more cash flow,
- 4:03Speaker 1: that meant more hiring, that meant better wages, I mean
- 4:06Speaker 1: expansion and taking bigger risks instead of just being in
- 4:09Speaker 1: survival mode, which we witnessed during the Obama years. And
- 4:13Speaker 1: then Trump doubled down in his second term on what
- 4:16Speaker 1: he laid that groundwork for in twenty seventeen. He had
- 4:20Speaker 1: more political power, he believed coming in, and he said
- 4:24Speaker 1: tax relief was a mandate for working Americans and small
- 4:27Speaker 1: businesses alike. He did things that no one thought about.
- 4:32Speaker 1: One of those that now were seeing the real world
- 4:34Speaker 1: effects of it was this no tax on tips. Now,
- 4:38Speaker 1: when you think about who that hits waiters, bartenders, service workers,
- 4:44Speaker 1: hotel staff, dealers at a casino, Millions of Americans, valet drivers,
- 4:51Speaker 1: for example, they rely uber drivers, lyft drivers actually rely
- 4:55Speaker 1: on tips to survive. And what Donald Trump said is
- 4:59Speaker 1: these people were working hard. We need to give them
- 5:02Speaker 1: a chance to succeed and to grow and to maybe
- 5:05Speaker 1: move away from those jobs down the road and start
- 5:07Speaker 1: their own businesses. Many of those workers can deduct tens
- 5:11Speaker 1: of thousands of dollars in tip income from federal taxes.
- 5:15Speaker 1: That's incredible. We've already seen an instant impact. Again, the
- 5:19Speaker 1: media doesn't want you to know this. We're talking millions
- 5:23Speaker 1: of workers that are benefiting, some already getting refunds of
- 5:27Speaker 1: up to eight thousand dollars. Let's be clear. That's an
- 5:30Speaker 1: eight thousand dollar rays for Americans that need it the most.
- 5:35Speaker 1: All right, I want to take a moment and I
- 5:36Speaker 1: want to talk to you about the incredible impact that
- 5:39Speaker 1: you can have for the people of Israel right now,
- 5:42Speaker 1: Right now, our Jewish friends are feeling forgotten. There's a
- 5:46Speaker 1: Jewish woman named Esther I'd like to tell you about,
- 5:49Speaker 1: and her home is an Israel. Esther is living through
- 5:52Speaker 1: days and nights of fear. Sirens are sounding, rockets screaming
- 5:56Speaker 1: through the sky, long stretches spent in a bombshell. She's
- 6:01Speaker 1: eighty four years old. Esther is elderly. She's fragile and
- 6:04Speaker 1: all alone. Now imagine that, no help, no food deliveries,
- 6:08Speaker 1: no medical care, no one knocking at the door. It's
- 6:11Speaker 1: a war zone. But because of friends, like you. Esther
- 6:15Speaker 1: is not alone now through the IFCJ, they are there,
- 6:20Speaker 1: bringing her food, meeting her urgent needs, and reminding Jewish
- 6:24Speaker 1: people like Esther, you are not forgotten in times of
- 6:28Speaker 1: fear and uncertainty. Your compassion brings hope and real help.
- 6:33Speaker 1: Esther asks that you hear these words quote to those
- 6:36Speaker 1: who give, you are doing a very great mitzvah, a
- 6:39Speaker 1: good deed you give from your heart. May God protect you. Friends.
- 6:45Speaker 1: I want you to know that your gift to God's
- 6:47Speaker 1: people is truly hope giving and life saving. So if
- 6:51Speaker 1: you've not gotten involved with the IFCJ, please do it
- 6:54Speaker 1: now and don't wait. Call eight and eight four eight
- 6:58Speaker 1: eight ifc right now. That's eight eight eight for eight
- 7:03Speaker 1: eight IFCJ, or go to IFCJ dot org. That's IFCJ
- 7:09Speaker 1: dot org. Not only does this help small businesses in
- 7:12Speaker 1: the service industry retain employees, it helps them fill jobs.
- 7:17Speaker 1: It helps them also stay competitive. Now you layer in
- 7:22Speaker 1: the next thing that the president did no taxes on
- 7:25Speaker 1: overtime or at least major deductions. Under the current law,
- 7:29Speaker 1: workers can deduct up to twelve thousand, five hundred in
- 7:33Speaker 1: overtime income or twenty five thousand for families. What does
- 7:37Speaker 1: that mean Instead of being punished for working even harder,
- 7:41Speaker 1: Americans are now being rewarded for it. And again, this
- 7:45Speaker 1: directly benefited small businesses. Because employees are now more willing
- 7:49Speaker 1: to take up extra hours, businesses can scale up production
- 7:54Speaker 1: without the same labor resistance. And during holiday and special season,
- 8:00Speaker 1: it's because other people that work for the company are saying, yeah,
- 8:02Speaker 1: I want the extra hours because I don't have to
- 8:04Speaker 1: pay tax on that overtime in September, October, November, or
- 8:08Speaker 1: whatever time of year when that business gets busy. It's
- 8:11Speaker 1: a win win for the small business. It's a win
- 8:14Speaker 1: win for the employee. And here's the stat that should
- 8:18Speaker 1: blow everyone away. Nearly thirty million Americans, we now understand,
- 8:24Speaker 1: have already taken advantage of these tip and overtime tax breaks.
- 8:30Speaker 1: Thirty million. That's not some small, little policy, it's a
- 8:35Speaker 1: nationwide economic shift because of Donald Trump. Now, if you
- 8:39Speaker 1: zoom out and you look at the bigger picture, as
- 8:41Speaker 1: Democrats are still trying to convince you that everything's terrible
- 8:44Speaker 1: and it's all doom and gloom, Trump's strategy has been really simple,
- 8:48Speaker 1: but extremely effective and powerful. You cut taxes, you literally
- 8:53Speaker 1: just say, I'm going to let people keep their harder
- 8:56Speaker 1: money that they're working hard for. I'm going to make
- 8:58Speaker 1: it easier to hire, I'm going to make it easier
- 9:01Speaker 1: for businesses to grow, and I'm going to let the
- 9:03Speaker 1: economy do what it does best. And small businesses, they're
- 9:06Speaker 1: the biggest winners in all this, not corporate America, not
- 9:09Speaker 1: the billionaires, as Democrats and want to DEMONI. By by
- 9:12Speaker 1: the way, billionaire are the ones that employ the most
- 9:14Speaker 1: people in this country. We shouldn't demonize successful big businesses.
- 9:20Speaker 1: They give amazing jobs and usually amazing benefits. But small
- 9:24Speaker 1: businesses employ people everywhere in anybody towns, moms and pops.
- 9:30Speaker 1: This is what you need because look, small businesses, they
- 9:34Speaker 1: don't have an army of accountants like the big boys
- 9:36Speaker 1: do to get the best tax benefits. They don't have
- 9:39Speaker 1: massive corporate buffers. When taxes go down, they feel it immediately,
- 9:43Speaker 1: and by the way, when tax go up, they feel
- 9:44Speaker 1: it immediately. And when taxes go down, that's more inventory.
- 9:49Speaker 1: That's the idea of even a new location or expanding
- 9:52Speaker 1: their hours. That's the difference between firing a worker, laying
- 9:56Speaker 1: off a worker, staying stagnant or hiring a new world.
- 10:01Speaker 1: You go from survival into turning it into success. Now
- 10:07Speaker 1: Democrats are saying they don't like this. Why because it's
- 10:10Speaker 1: igniting the economic activity from the ground up, not from
- 10:13Speaker 1: the top down. This isn't government bureaucratic spending. This is
- 10:18Speaker 1: literally outside the government, bottom up growth. It's been driven
- 10:21Speaker 1: by real small businesses and real hard working Americans. And
- 10:26Speaker 1: that's exactly why now you're seeing the media refused to
- 10:30Speaker 1: cover this. You look at the economy right now, there's
- 10:33Speaker 1: no doubt that the higher gas prices are a real thing,
- 10:36Speaker 1: and it's certainly not what we all want, but it's
- 10:39Speaker 1: an important thing because of national security. But small businesses,
- 10:44Speaker 1: because of what President Trump has already done, they're able
- 10:47Speaker 1: to handle this right now because of the Trump tax cuts. Now,
- 10:53Speaker 1: the president also understands something else small businesses, and I'm
- 10:57Speaker 1: a small business owner. We invest when we know that
- 11:00Speaker 1: the environment is stable, when it's pro growth, when it's real.
- 11:04Speaker 1: So when you hear Donald Trump come out talking about
- 11:07Speaker 1: these tax cuts, the Trump tax cuts, they don't just
- 11:10Speaker 1: think about Wall Street at the White House. They're thinking
- 11:12Speaker 1: about the small restaurant owner to think about that contractor
- 11:16Speaker 1: they're thinking about that single mom working overtime shifts to
- 11:19Speaker 1: make ends meet, to think about that single dad who's
- 11:22Speaker 1: doing everything you can to give us kids a better life.
- 11:24Speaker 1: They're thinking literally about millions of Americans who are finally
- 11:28Speaker 1: being told from our government, you earned it, guess what
- 11:31Speaker 1: you get to keep it. And that's why this tax
- 11:34Speaker 1: agenda is such a deadly policy to the Democratic Party.
- 11:39Speaker 1: The Democratic Party is filled now with Communists, Socialists, and
- 11:43Speaker 1: Marxist This is a fundamental shift that destroys what they're
- 11:48Speaker 1: selling when you say to Americans, hey, we want to
- 11:51Speaker 1: reward work. We want you to be rewarded with success.
- 11:56Speaker 1: We want people who power this economy every single day
- 12:00Speaker 1: to wake up the next day excite and hungry to
- 12:03Speaker 1: do it again. Now, the President hosted a really cool event,
- 12:10Speaker 1: small Business Summit, at the White House. You're going to
- 12:13Speaker 1: remember this voice. Have you ever watched the show Pond Stars.
- 12:16Speaker 1: Rick Harrison's a guy that is actually really cool. He's
- 12:19Speaker 1: a guy that is in the embodiment of I call
- 12:22Speaker 1: it the success story of a small business owner in Vegas.
- 12:26Speaker 1: He has become a reality TV star with that show
- 12:29Speaker 1: Pond Stars, and he was speaking at the Small Business summit,
- 12:33Speaker 1: and I want you to hear part of what he
- 12:34Speaker 1: had to say.
- 12:35Speaker 2: I just want to say he's amazing. He's done so much,
- 12:38Speaker 2: I mean so much for all of us. I mean,
- 12:40Speaker 2: the backbone of this country is small business, plain and simple.
- 12:43Speaker 2: And the last guy at office, you know, all we
- 12:47Speaker 2: heard was is that we were the evil people, We
- 12:50Speaker 2: were the bad people. Everything else like that, we don't
- 12:52Speaker 2: pay our fair share whatever that's supposed to be.
- 12:55Speaker 1: And he made it tough.
- 12:56Speaker 2: And this guy, the big beautiful bill absolutely amazing, you know. So,
- 13:00Speaker 2: I mean, God, bless you for letting me get one
- 13:02Speaker 2: hundred percent appreciation. It really helps out. And all I
- 13:06Speaker 2: can say is this is literally, I mean, I'm a
- 13:09Speaker 2: history buff and I know a lot about this White
- 13:10Speaker 2: House thing and everything. Literally, he's going to go down
- 13:13Speaker 2: as maybe the best president ever. I love this guy.
- 13:20Speaker 1: Short, sweets and to the point. Wow, you hear the
- 13:26Speaker 1: present there and he smiles. He says, pretty good, pretty good. Wow.
- 13:30Speaker 1: Why is the president doing this moment? Because he wants
- 13:33Speaker 1: people to remember exactly what's happening. The President also was
- 13:37Speaker 1: reminding and of course the media is not going to
- 13:40Speaker 1: cover this. That's why I hope you'll share this show,
- 13:42Speaker 1: the podcast wherever you can, but the President detailed how
- 13:46Speaker 1: his historic tax cuts have helped American small businesses in
- 13:50Speaker 1: his own words, Listen to this.
- 13:53Speaker 3: Last summer, I proudly signed the great, big, beautiful bill,
- 13:56Speaker 3: the largest tax cuts in the history of our country
- 14:00Speaker 3: and boosting millions of small.
- 14:01Speaker 4: Business Boosting millions of small businesses.
- 14:12Speaker 3: We passed no tax on tips, no tax on overtime,
- 14:16Speaker 3: and no tax on social security for our seniors. That's
- 14:20Speaker 3: big stuff. And we add that to the package that
- 14:23Speaker 3: we approved in my first term. We had the best
- 14:26Speaker 3: financial years and the history of our country my first term,
- 14:29Speaker 3: and I think we're going to blow them away this term.
- 14:32Speaker 3: You know, in this term, we have eighteen trillion dollars
- 14:35Speaker 3: being invested in our country. And if you look at
- 14:38Speaker 3: the last administration, they had less than one trillion dollars
- 14:41Speaker 3: for four years. We have eighteen trillion during eleven month.
- 14:45Speaker 3: The twelve month hasn't come in yet in terms of
- 14:47Speaker 3: the numbers, but in eleven months, eighteen trillion dollars investments.
- 14:52Speaker 3: We have auto plants being built all over the country.
- 14:55Speaker 3: AI plans we're doing and we're leading China in AI.
- 14:59Speaker 3: And I'm going to go see presidency in two weeks.
- 15:01Speaker 3: I look forward to that, but I'll say I'm leading
- 15:04Speaker 3: we go. We have we have very friendly competition, but
- 15:11Speaker 3: it'll be actually it'll be a very important trip. We
- 15:13Speaker 3: provided one hundred percent expensing and bonus appreciation, which is tremendous,
- 15:19Speaker 3: one of the biggest things that you have. I mean,
- 15:22Speaker 3: people have no idea how big that is. The businesses
- 15:25Speaker 3: do so that businesses can deduct one hundred percent of
- 15:28Speaker 3: the cost of new facilities, equipment and capital investment in
- 15:32Speaker 3: the first year. It used to take thirty eight years
- 15:34Speaker 3: of deduction. Now you get it done in one. You
- 15:36Speaker 3: can take one so you can expand I think that's
- 15:39Speaker 3: what made us so successful in the first term. And
- 15:42Speaker 3: now we have it for a ten year period, so
- 15:44Speaker 3: you have it for a while. It really was going
- 15:46Speaker 3: to make it for one year period. That would mean
- 15:48Speaker 3: you spend all your money immediately. Now, unfortunately I gave
- 15:51Speaker 3: you too much time. I was sort of against that.
- 15:54Speaker 3: I said, let's do it for a short period of time.
- 15:56Speaker 3: But we did it. It's the right thing. And this way,
- 15:59Speaker 3: when I get out of office in let's say eight
- 16:03Speaker 3: or nine years from that, I'll be able to use it,
- 16:06Speaker 3: I'll be able to use it.
- 16:10Speaker 1: You're gonna hear the president there obviously trolling the media
- 16:14Speaker 1: with his when he leaves office seven eight years ago.
- 16:17Speaker 1: That's all they'll hear. That's all they'll lose their minds about.
- 16:20Speaker 1: That's all they'll report on. So let's be clear what
- 16:24Speaker 1: President Trump is doing these tax cuts. It isn't just policy.
- 16:27Speaker 1: It's a direct investment in the American worker and the
- 16:32Speaker 1: small businesses that keep this country alive. Goes back to
- 16:35Speaker 1: what the Pawn Star show star Lily was saying, he's
- 16:40Speaker 1: helping small businesses survive. Washington, by the way, is the
- 16:44Speaker 1: one that's been punishing small business success. They taxed over time,
- 16:48Speaker 1: they tax tips. They made it harder to grow, they
- 16:51Speaker 1: made it harder to hire and harder to get ahead.
- 16:54Speaker 1: And Trump said, hey, I've owned businesses, a lot of them,
- 16:56Speaker 1: and I'm going to flip the script. And now if
- 16:58Speaker 1: you work hard, you're rewarded for it. You keep more,
- 17:01Speaker 1: you earn tips, you do great in service industry, you
- 17:06Speaker 1: keep them, you put in over time, you're rewarded, not penalized.
- 17:10Speaker 1: That's not just tax reform, that's respect for the worker
- 17:13Speaker 1: in this country. And guess what the result is more hiring,
- 17:18Speaker 1: bigger paychecks, stronger small business success instead of them failing
- 17:23Speaker 1: their succeeding, and an economy that actually works for the people,
- 17:27Speaker 1: not washing DC and the bureaucrats that want to take more.
- 17:31Speaker 1: This is why the media won't cover the story. This
- 17:36Speaker 1: is what pro growth leadership looks like in real time.
- 17:40Speaker 1: This is what putting Americans first actually looks like when
- 17:44Speaker 1: it becomes a policy, and for millions of Americans. I
- 17:49Speaker 1: mentioned the number earlier. Thirty million Americans have already taken
- 17:53Speaker 1: advantage of the no tax on tips and no tax
- 17:56Speaker 1: on overtime, and that number will grow. These Americans are
- 18:01Speaker 1: feeling the difference in their paychecks. They're also feeling the
- 18:04Speaker 1: difference in their future, which means they have more confidence
- 18:09Speaker 1: in this country, more confident in the ability to say
- 18:13Speaker 1: yes to their kids' dreams and to experiences and to
- 18:17Speaker 1: trips instead of no. So let me be clear, I
- 18:22Speaker 1: really want the war to wrap up very soon in Iran.
- 18:28Speaker 1: I want these gas prices to go down. I understand
- 18:32Speaker 1: how important it is for the midterms. I understand how
- 18:35Speaker 1: important it is that we get them down so that
- 18:37Speaker 1: we don't lose and we win I also understand that
- 18:41Speaker 1: it was an important thing that the president need to do,
- 18:44Speaker 1: and it was a national security issue full stop. And
- 18:50Speaker 1: what the President of the United States of America is
- 18:53Speaker 1: now doing is he's doing the hard thing while also
- 18:57Speaker 1: doing everything he can to help America thrive. Isn't that
- 19:03Speaker 1: what we voted for? Isn't that what we all really
- 19:07Speaker 1: really wanted. So I'll say it again, this is the
- 19:11Speaker 1: story that needs to be told. This is the story
- 19:16Speaker 1: that everyone needs to be excited about. This is the
- 19:20Speaker 1: story that we're going to have to tell going into
- 19:23Speaker 1: the midterms so that it isn't a disaster because of
- 19:27Speaker 1: the narrative being sold to the American people by the left. Love,
- 19:31Speaker 1: generosity and compassion. We say those words all the time,
- 19:35Speaker 1: and they sound good, they feel good. But here's the truth.
- 19:39Speaker 1: Those words don't mean anything unless they turn into action,
- 19:43Speaker 1: and right now, not later, today, not tomorrow. There's a
- 19:47Speaker 1: child in the world who doesn't know if they'll eat,
- 19:51Speaker 1: if they'll have a chance to learn, or if there's
- 19:54Speaker 1: any hope at all. And while we're all busy life
- 19:58Speaker 1: keeps moving forward, that child is waiting. This is where
- 20:02Speaker 1: you come in with Compassion International. You have the chance
- 20:06Speaker 1: to change a child's future, not just with words, not
- 20:09Speaker 1: with promises, but with real help that provides food, education,
- 20:14Speaker 1: and hope through local churches and people already in their community.
- 20:20Speaker 1: Put your words into action and join me introduce a
- 20:24Speaker 1: child to a loving, heavenly father today at compassion dot com.
- 20:29Speaker 1: That's Compassion dot com. Iran has fired on US warship
- 20:35Speaker 1: and the straight Ofform Moves after Trump announced plans to
- 20:38Speaker 1: guide ships through the passage. Now, many people don't understand
- 20:44Speaker 1: just how massive the straight Ofform Moves actually is. A
- 20:47Speaker 1: lot of people think of it as like a simple,
- 20:48Speaker 1: easy waterway, almost like the Panama Canal. That is not
- 20:52Speaker 1: the case at all. There's been criticism saying, why can't
- 20:55Speaker 1: Trump just take out all these Iranian fastboats. We've again
- 20:59Speaker 1: decimated their navy. But these little fast boats that are
- 21:03Speaker 1: almost like small boats that you would see on a
- 21:05Speaker 1: lake anywhere you go this summer, with a lot of
- 21:08Speaker 1: engines on the back so they have speed, is exactly
- 21:11Speaker 1: what is hitting these vessels.
- 21:13Speaker 4: Now.
- 21:13Speaker 1: I'm going to do my best to explain to you
- 21:15Speaker 1: something that most Americans have not fully understood or grass,
- 21:20Speaker 1: because the media is a terrible job of truly explaining
- 21:23Speaker 1: this global shipping sector and the threat to our navy
- 21:28Speaker 1: and commercial vessels, and just how easy it is for
- 21:30Speaker 1: these small boats to actually hide. All right, So, when
- 21:34Speaker 1: we're talking about the strad of Her Moves and it's important,
- 21:38Speaker 1: saying it that way is honestly a massive understatement. This
- 21:42Speaker 1: is one of the most critical choke points on planet Earth.
- 21:45Speaker 1: You have more than twenty percent of the world's oil
- 21:48Speaker 1: supply coming through here, and that doesn't count all the
- 21:51Speaker 1: other vessels from around the world that use the strad
- 21:53Speaker 1: of hor Moves to get things from point A to
- 21:55Speaker 1: point B. Now, to put it in perspective, at its
- 21:59Speaker 1: narrow point, the strait is about twenty one miles wide
- 22:05Speaker 1: at its narrowest point. That's insane. Now, that is something
- 22:11Speaker 1: that if you think about, it's really hard to be
- 22:13Speaker 1: looking out and watching for all these small boats all
- 22:17Speaker 1: the time. Now, the shipping lanes of the massive oil
- 22:19Speaker 1: tankers and cargo ships are allowed to use is actually
- 22:22Speaker 1: only about two miles wide in each direction. That's it.
- 22:26Speaker 1: It's easy to control that. What's hard to control is
- 22:29Speaker 1: the other nineteen miles that you have on the left
- 22:32Speaker 1: of the right side, or you can divide it up
- 22:33Speaker 1: depending on where these ships are. It is massive. So
- 22:37Speaker 1: imagine this. You've got a gigantic oil tanker, then you've
- 22:40Speaker 1: got some of the largest objects on Earth moving them.
- 22:43Speaker 1: They're forced into an essentially a narrow highway on the water,
- 22:46Speaker 1: making them very easy targets. And then there are multiple
- 22:50Speaker 1: layers of threads that can come after them because they
- 22:53Speaker 1: are in this two mile wide area, all right, So
- 22:56Speaker 1: it makes them sitting ducks. Now you're also going to
- 22:58Speaker 1: ask a question why the shipping lanes there that's the
- 23:01Speaker 1: deepest points and these ships are huge and they're way
- 23:03Speaker 1: below the water line right because of how much cargo.
- 23:06Speaker 1: So that's part of the reason why you have these
- 23:09Speaker 1: narrow basically highway going through the strait for these massive tankers.
- 23:14Speaker 1: All right. Now, Iran strategy is one that is really
- 23:19Speaker 1: tough to deal with. It's not a go head to
- 23:21Speaker 1: head with the US Navy in a traditional fight. We
- 23:24Speaker 1: already did that. They lost. We completely took out their
- 23:28Speaker 1: entire navy of their large ships. We know that all right. Now.
- 23:31Speaker 1: They're basically using runabouts like the average boat you would
- 23:34Speaker 1: be using if you're going out there to go sight
- 23:38Speaker 1: seeing on a lake, or if you're buying a boat
- 23:41Speaker 1: to go wait, to go skiing behind. That is what
- 23:45Speaker 1: they're using now, that size boat to go after these
- 23:49Speaker 1: tankers and these container ships. All right, So this is
- 23:53Speaker 1: a lot like just terror, isn't that we see around
- 23:55Speaker 1: the world. It's really hard to find a lone wolf.
- 23:57Speaker 1: It's really hard to find one individual that wants to
- 23:59Speaker 1: blow up you know, a car, or to blow up
- 24:02Speaker 1: a bus, or to blow up something in you know,
- 24:05Speaker 1: next to a hotel like a restaurant. You understand, that's
- 24:08Speaker 1: what they're doing now in the Strait of Horn moves
- 24:11Speaker 1: they deploy these small, fast attack boats. All right. They
- 24:15Speaker 1: are operated by the Islamic Revolutionary Guard. They're not stupid, Okay,
- 24:19Speaker 1: they're pretty smart. These boats are designed to be low profile,
- 24:23Speaker 1: they're designed to be extremely fast, and they're designed to
- 24:26Speaker 1: be highly maneuverable. You could say that these boats are
- 24:31Speaker 1: faster and smaller than even the boats that you see
- 24:34Speaker 1: that pirates have used to go after ships around the
- 24:37Speaker 1: Horn of Africa, for example. They also are armed with
- 24:42Speaker 1: heavy machine guns, rocket launchers, and even anti ship missiles.
- 24:47Speaker 1: So this is well executed, well thought out, and they
- 24:51Speaker 1: hide well on the sea. All right. So all of
- 24:54Speaker 1: that is against Basically the odds are stacked against us
- 24:58Speaker 1: in that way. Now here's the other thing. It's interesting.
- 25:00Speaker 1: These boats can run skinny. What does that mean. It
- 25:03Speaker 1: means in very little water, they can hug the coastline,
- 25:06Speaker 1: they can blend in with normal fishing traffic. They can
- 25:10Speaker 1: hide along and among the commercial vessels as well. The
- 25:14Speaker 1: Persian Gulf, by the way, is very busy. There's constant movement,
- 25:18Speaker 1: there's legitimate traffic everywhere, and that cluster makes it actually
- 25:23Speaker 1: easier for these boats to hide among other boats and
- 25:26Speaker 1: look like it's one thing on the water, when actually
- 25:28Speaker 1: it's two things, a large boat and a small boat.
- 25:30Speaker 1: So by the time one of these boats breaks away
- 25:33Speaker 1: and then starts accelerating towards a tanker or a navy ship,
- 25:37Speaker 1: you may have like minutes or even seconds to react
- 25:42Speaker 1: because you don't have the radar system that many of
- 25:46Speaker 1: us would imagine to see all of these little boats
- 25:49Speaker 1: coming at you. Now, just think about the logistics the
- 25:52Speaker 1: physics here. You've got a massive, old tanker that can't
- 25:55Speaker 1: swerve or stop. These ships take miles to change core. Literally,
- 26:01Speaker 1: they're very slow, they're very predictable, and they're very vulnerable,
- 26:05Speaker 1: and these narrow highway lanes that are two miles wide,
- 26:09Speaker 1: the Iranian boats can swarm, meaning you're not dealing with
- 26:13Speaker 1: one threat, You're dealing with five, or ten or even
- 26:15Speaker 1: a dozen of them, coming from multiple directions at once
- 26:18Speaker 1: at one of these takers. They practice this, they're pretty
- 26:21Speaker 1: good at it, and it's like trying to defend a
- 26:24Speaker 1: convoy of semi trucks on a two lane road, all right,
- 26:28Speaker 1: while motorcycles are flying at them in every angle of
- 26:31Speaker 1: direction at high speed. That is the best analogy that
- 26:34Speaker 1: I can give you. Now, you've got roughly twenty percent
- 26:37Speaker 1: of the world's all supply that's passing through the Strait.
- 26:40Speaker 1: Any disruption, even a temporary one, sends the energy prices
- 26:44Speaker 1: skyrocketing overnight. We've witnessed that. So now that you understand this,
- 26:50Speaker 1: I want to go back to what America did do,
- 26:52Speaker 1: and it's pretty impressive. In the last twenty four hours,
- 26:55Speaker 1: the US has sunk six of these small uranium boat
- 27:00Speaker 1: I would refer them as mosquitoes, and Trump is also
- 27:04Speaker 1: now warning the regime that they could be blown off
- 27:06Speaker 1: the face of the earth if they don't stop this. Now,
- 27:10Speaker 1: we sent these six small Iranian boats that were deployed
- 27:13Speaker 1: to harassed vessels that were stuck in the Straight of
- 27:15Speaker 1: Horn moves shortly before Trump warn the Islamic Republic that look,
- 27:21Speaker 1: you guys, keep this up, I'm going to blow you
- 27:23Speaker 1: off the face of the earth, and I'm sick and
- 27:25Speaker 1: tired of dealing with you, and you guys better reopen
- 27:27Speaker 1: the critical waterway and we're going to do everything we
- 27:29Speaker 1: can now. Admiral Bradcooper, who's head of the US Central
- 27:33Speaker 1: Command known as SYNCOME, he told reporters Monday afternoon in
- 27:36Speaker 1: a press call that while Iran historically has deployed between
- 27:41Speaker 1: twenty and forty small boats to threaten commercial shipping in
- 27:44Speaker 1: the Strait, he said today we saw it just six
- 27:47Speaker 1: and we were able to eliminate all of them. He said,
- 27:50Speaker 1: we have an enormous amount of capacity, capability, and firepower
- 27:55Speaker 1: that's now concentrated in and around the Strait, including Apache helicopter,
- 28:00Speaker 1: Seahawk helicopters, and he also emacides that Iran's military capability
- 28:05Speaker 1: has been dramatically degraded, which means we've got an upper
- 28:09Speaker 1: hand right now on this again. That is great news
- 28:13Speaker 1: when you look at the Straight of Horn moves. Not
- 28:15Speaker 1: only does it connect the Persian Gulf to the Gulf
- 28:17Speaker 1: of Aman, it connects one part of the world to
- 28:20Speaker 1: the other. And it's massive. It's not small. And I
- 28:24Speaker 1: say that so that you understand just how big this is. Now.
- 28:27Speaker 1: Monday Strike occurred after Trump and own Sunday evening of
- 28:32Speaker 1: this new Project Freedom. It's this initiative to move maritime
- 28:36Speaker 1: traffic through the strait since it's been backed up for
- 28:40Speaker 1: months from the start of Operation Epic Fury on February
- 28:43Speaker 1: the twenty eighth. Iran then came out and warned that
- 28:46Speaker 1: it would resist any effort to force open the strait
- 28:49Speaker 1: and insisted that any ships attempting to move through the
- 28:52Speaker 1: waterway must coordinate with Tehran first, prompting Trump to tell
- 28:57Speaker 1: Fox News that the Middle Eastern regime would be blown
- 29:00Speaker 1: off the face of the earth again if it attacks
- 29:03Speaker 1: US flagged vessels, saying, quote, we have more weapons and
- 29:08Speaker 1: ammunition at a much higher grade than we had before,
- 29:11Speaker 1: is what Trump said. We have the best equipment, We
- 29:14Speaker 1: have staff all over the world. We have these bases
- 29:18Speaker 1: all over the world. They're all stucked up with equipment,
- 29:20Speaker 1: and we can use all of that stuff and we
- 29:22Speaker 1: will if we need it. Now, the President claimed that
- 29:26Speaker 1: Iran has become much softer. In other words, you can
- 29:29Speaker 1: you can mold them more regarding the peace talks that
- 29:32Speaker 1: have stagnated since mid April. Now, let me also go
- 29:36Speaker 1: back to what Sincom said. All right, Cooper did not
- 29:40Speaker 1: say whether America's strikes on Iran's fast attack boats and
- 29:46Speaker 1: Turan's claims that it fired at US warships constituted a
- 29:49Speaker 1: collapse of the fragile ceasefire secured last month, So that
- 29:54Speaker 1: is again up in the air at this point on
- 29:56Speaker 1: what's really happening. What Cooper did say was this, I
- 30:00Speaker 1: think the key thing here for US is we're merely
- 30:04Speaker 1: there as a defensive force to give a very thick
- 30:08Speaker 1: layer of defense to commercial ships and commercial shipping to
- 30:13Speaker 1: allow them to proceed out of the Persian Gulf. Now
- 30:17Speaker 1: right now, there are literally hundreds and hundreds of ships
- 30:22Speaker 1: that are anchored. You have about eighty seven different countries
- 30:27Speaker 1: now that have ships that are flagged to them that
- 30:31Speaker 1: are sitting in the Persian Gulf. Syncom said, our job
- 30:36Speaker 1: is to give them safe passage. Now here's what we
- 30:40Speaker 1: also know. At least two US ships crossed the straight
- 30:43Speaker 1: up from moves on Monday. According to Syncome, a claim
- 30:46Speaker 1: that a ram slammed is quote unquote baseless, and again
- 30:49Speaker 1: that's nothing but propaganda. I also want you to understand
- 30:52Speaker 1: something else about these fast boats that are very sophisticated.
- 30:56Speaker 1: All right, they're small, they can hide. It's a very
- 30:59Speaker 1: large body water. They can hide behind other vessels in
- 31:01Speaker 1: an attack, and you have virtually no warning. These boats.
- 31:06Speaker 1: Some of them are smaller than twenty feet long. Now,
- 31:10Speaker 1: a typical boat that you would go skiing behind for
- 31:13Speaker 1: your family is usually twenty two to twenty five feet,
- 31:17Speaker 1: so a lot of these are smaller than that. Some
- 31:20Speaker 1: of them even have just one engine but still are
- 31:22Speaker 1: able to haul it. Many of them have two and
- 31:25Speaker 1: three engines on a very tiny boat. And these are
- 31:28Speaker 1: calm waters in the straight of four moves, so they're
- 31:30Speaker 1: able to just haul it almost like a jet ski.
- 31:33Speaker 1: I would describe it with just just on top of
- 31:35Speaker 1: the water and flooring it. Now, it also remains to
- 31:39Speaker 1: be seen how many foreign ships are going to take up,
- 31:41Speaker 1: saycomes offer to move through the Strait after a South
- 31:45Speaker 1: Korean used carrier report an explosion and fire on board
- 31:51Speaker 1: when it attempts to cross the waterway. So that's new
- 31:53Speaker 1: news there. I guess self, create didn't want our help.
- 31:56Speaker 1: They decided to go to loan That didn't work very
- 31:58Speaker 1: well for them. So what does this mean? Now, it's
- 32:02Speaker 1: pretty clear that the President saying, I'll give you a
- 32:05Speaker 1: safe passage if you want it. You have another boat,
- 32:07Speaker 1: by the way, that suffered a blast early Monday while
- 32:10Speaker 1: fire broke out in the engine room of a Panama
- 32:12Speaker 1: flag cargo ship. South Korea's foreign minister has also confirmed. Now,
- 32:17Speaker 1: Trump said that that attack on the Namu should push Soul,
- 32:21Speaker 1: South Korea, which has twenty six ships trapped in the Golf,
- 32:25Speaker 1: to join US and military operations to secure the strait.
- 32:28Speaker 1: We'll see if they actually do it, the President, saying
- 32:31Speaker 1: this on true Social quote, perhaps ite time for South
- 32:33Speaker 1: Korea to come and join the mission. Other than the
- 32:36Speaker 1: South Korean ship, there has been at this moment no
- 32:39Speaker 1: damage to ships going through the strait, the President wrote,
- 32:42Speaker 1: noting that military commanders will speak to reporters on Tuesday
- 32:46Speaker 1: about all of these operations. Now, along with the South
- 32:49Speaker 1: Korean ship, you had a UAE oil tanker that was
- 32:52Speaker 1: targeted by an Iranian drone as it tried to cross
- 32:55Speaker 1: the trade and caught fire as well. So Iran is
- 32:58Speaker 1: doing everything they can to try to hurt the US
- 33:01Speaker 1: and to try to shut down the straight That is obvious,
- 33:05Speaker 1: the President saying We're not going to have it. And
- 33:06Speaker 1: then the question becomes what is next. Is the present
- 33:10Speaker 1: going to go back and start hitting targets and individuals
- 33:14Speaker 1: in Iran? That is what is really going to be
- 33:19Speaker 1: the big question that so many are going to be
- 33:21Speaker 1: looking at next. What's very clear is the President has
- 33:24Speaker 1: made it clear he's not going to be screwed with
- 33:26Speaker 1: or held hostage, and America is there to win, and
- 33:29Speaker 1: America is there also to give safe passage. That is
- 33:34Speaker 1: very clear. So now we wait and we see what
- 33:37Speaker 1: the President does next. But I have a feeling it's
- 33:39Speaker 1: going to be pretty darn aggressive. Quick Break, Ben Ferguson Show,
- 33:43Speaker 1: More coming up. So I hope you'll take this data,
- 33:46Speaker 1: the stats, the good news. I hope you'll share it
- 33:50Speaker 1: with everyone you know, because this is the story that
- 33:53Speaker 1: has to be told, because if it isn't, there's no
- 33:56Speaker 1: doubt the Democrats will win an election day