Latest / The Ben Ferguson Podcast / Trump’s Plan to Rebuild Venezuela’s Broken Oil Empire plus Maduro in the Big Apple

Transcript

Trump’s Plan to Rebuild Venezuela’s Broken Oil Empire plus Maduro in the Big Apple · The Ben Ferguson Podcast

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  Speaker 1: Senator John federm assists on the Homeland Security Committee, and
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  Speaker 1: he joins us, Now, I.
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  Speaker 2: Think I don't know why we can't just acknowledge that
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  Speaker 2: it's been a good thing. What's happened. I mean, I've
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  Speaker 2: seen the speeches from whether it's Leader Schumer or kinds
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  Speaker 2: of past tweets from President Biden. No, we all wanted
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  Speaker 2: think we did, just as I salute our military what
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  Speaker 2: So why we can't celebrate these kinds of things.
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  Speaker 3: If you're listening to the forty seven Morning Update with
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  Speaker 3: Ben ferguson.
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  Speaker 4: Good Tuesday morning, Nice to have you with us on
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  Speaker 4: the forty seven Morning Update. First up, Donald Trump has
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  Speaker 4: a plan for Venezuela. It's a well thought out plan
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  Speaker 4: that deals with oil as well.
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  Speaker 5: So what is going to happen next? We'll explain it
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  Speaker 5: all to you.
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  Speaker 4: Also, Maduro makes his first court appearance in the United
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  Speaker 4: States of America.
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  Speaker 5: Did he plead guilty or not guilty? And what else
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  Speaker 5: did he have to say?
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  Speaker 6: Today?
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  Speaker 4: It's the forty seven Morning Update and it starts right now.
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  Speaker 4: Story number one, Donald Trump coming out making it very
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  Speaker 4: clear on Venezuela and their oil reserves.
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  Speaker 5: We're going to run everything. We're gonna run it.
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  Speaker 4: When asked what would happen to Venezuela's oil reserves, which
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  Speaker 4: are now worth trillions of dollars, Trump's remarks came aboard
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  Speaker 4: Air Force one during a gaggle with reporters on a
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  Speaker 4: flight back to DC from Palm Beach, and according to
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  Speaker 4: the newest report, Venezuela has as of Saturday's oil prices,
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  Speaker 4: approximately seventeen point three trillion in oil reserves, which exceeds
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  Speaker 4: the collective global gross domestic product excluding the United States
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  Speaker 4: and China. Just to put it in perspective, a reporter
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  Speaker 4: started a question by stating, Venezuela has seventeen billion worth
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  Speaker 4: of oil reserves. Donald Trump responded with more, you mean trillion?
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  Speaker 4: Did you say billion or trillion? I said billion, The
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  Speaker 4: reporter replied, to which Trump emphasized it's much more than that,
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  Speaker 4: And then the President had this to say.
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  Speaker 6: Venezuela right now is a dead country. We have to
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  Speaker 6: bring it back, and we're gonna have to have big
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  Speaker 6: investments by the oil companies to bring back the infrastructure.
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  Speaker 6: The oil companies are ready to go. They're gonna go in.
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  Speaker 6: They're gonna rebuild the infrastructure. You know, we built it
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  Speaker 6: to start off with many years ago. They took it away.
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  Speaker 6: You can't do that, and you can't do that with me.
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  Speaker 6: They did it with other presidents. An election to take
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  Speaker 6: place in Venezuela.
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  Speaker 3: How soon is an election take place?
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  Speaker 6: Well, I think we're looking more at getting it mixed,
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  Speaker 6: getting it ready first, because it's a mess. The country
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  Speaker 6: is a mess. It's been horribly run. The oil is
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  Speaker 6: just flowing at a very low level, much lower than
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  Speaker 6: even if it was badly run. It should have more income,
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  Speaker 6: more oil than what they do have. The big wealth
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  Speaker 6: companies going and they're gonna fix the infrastructure and they're
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  Speaker 6: gonna invest money. We're not going to invest anything. We're
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  Speaker 6: gonna just take care of the country. We're gonna cherish
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  Speaker 6: the country. We're gonna take care of more importantly of
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  Speaker 6: the people, including Venezuelans and are living in our country
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  Speaker 6: that were forced to leave their country. Yeah, they're gonna
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  Speaker 6: be taking very good care of yes man, Yes, I
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  Speaker 6: have which one you fall off? The business they want
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  Speaker 6: to go in so badly before the operation took place, Yes,
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  Speaker 6: did you maybe take them off well before and after?
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  Speaker 6: And they want to go in and they're gonna do
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  Speaker 6: a great job for the people of Venezuela and they're
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  Speaker 6: gonna represent us well. But you know, the infrastructure is rusty, rot,
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  Speaker 6: most of it unusable. It's whole it's broken. You see
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  Speaker 6: pipe slaying all over the ground. Hasn't been nothing's been
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  Speaker 6: invested for years. Chevron's enters, you know, they've done a
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  Speaker 6: good job, but even they haven't been in a position
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  Speaker 6: to invest money because they're at a month to month basis.
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  Speaker 6: They're only there because I wanted them to.
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  Speaker 4: Be Donald Trump again making it clear, we're gonna run everything.
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  Speaker 4: We're gonna run it, We're gonna fix it. We'll have
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  Speaker 4: elections at the right time. And the main thing is
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  Speaker 4: you have to fix it. It's a broken country. There's
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  Speaker 4: no money, there's inflation like we would have had if
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  Speaker 4: we didn't win this election, and we would have been
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  Speaker 4: Venezuela on steroids, the president said. Trump noted Saturday that
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  Speaker 4: American oil companies will go into Venezuela to repair the
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  Speaker 4: badly broken oil infrastructure. The world agrees it is absolutely broken,
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  Speaker 4: and he said that he'd spoken with the old companies
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  Speaker 4: before and after the operation about resolve to remove the
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  Speaker 4: former dictator Maduro from power. This, of course, try to
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  Speaker 4: turn into a fake controversy by the media claiming that
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  Speaker 4: he had tipped off by asking the question the oil companies.
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  Speaker 4: Another pathetic story yet again from the left. What we
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  Speaker 4: also know is this Chevron's in As you know, the
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  Speaker 4: President said, they've done a good job, but they haven't
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  Speaker 4: been in a position to invest money because they're on
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  Speaker 4: a month to month basis. They're only there because I
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  Speaker 4: wanted them to be there. Now things are changing, and
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  Speaker 4: what's very clear is the President Unitasticks of America is
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  Speaker 4: not holding back saying this is how the country will
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  Speaker 4: be saved, and as he described it, it will not
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  Speaker 4: cost Americans any money, something very different from what we
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  Speaker 4: witness in Afghanistan, in Iraq. The President making it clear
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  Speaker 4: we'll fix it and then they're going to pay for
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  Speaker 4: all of it. That is something that the President was
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  Speaker 4: very clear on. He was also asked by NBC's Kristen
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  Speaker 4: Welker in an interview about are we at war with Venezuela.
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  Speaker 4: I want you to hear how NBC News is reporting
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  Speaker 4: on that as well.
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  Speaker 7: The President reacts to today's arraignment during my phone call
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  Speaker 7: with him, telling me, quote, it is an extraordinary moment
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  Speaker 7: in history. That's true, and it's great for the Hemisphere.
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  Speaker 7: He went on to say the prices of oil are
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  Speaker 7: going to, you know, be reduced. The President also telling
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  Speaker 7: me we are not at war with Venezuela, and that
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  Speaker 7: he would not need congressional approval to send in a
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  Speaker 7: second strike. One of the biggest questions right now is
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  Speaker 7: who is really in charge in Venezuela. After President Trump
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  Speaker 7: said explicitly on Saturday that the US would run the country.
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  Speaker 7: I asked the President about that today, if Secretary's Rubio
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  Speaker 7: and Headseth Stephen Miller would be the top three people
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  Speaker 7: in charge of Venezuela. The President said, yeah, among the
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  Speaker 7: top people, including JD.
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  Speaker 2: Vance.
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  Speaker 7: I then asked him who will be the top person
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  Speaker 7: if there is one. The President's answer to that question.
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  Speaker 4: Was me, the President United States America. Yet again giving
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  Speaker 4: simple answers to the media horse makes the liberals lose
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  Speaker 4: their mind, and doing it in a way that shows
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  Speaker 4: he is in charge and actually has a plan now.
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  Speaker 4: Story number two Nicholas Maduro's first court appearance. It has
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  Speaker 4: officially happened. The ousted Venezuelan president was a rain Monday
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  Speaker 4: and a federal courtroom in Manhattan on US narco terrorism
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  Speaker 4: and drug trafficking charges. He pled not guilty to all
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  Speaker 4: of the charges, denying any wrongdoing. Madua repeatedly insisted through
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  Speaker 4: an interpreter that he is innocent and described himself as
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  Speaker 4: a quote prisoner of war and said he remains a
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  Speaker 4: legitimate president of Venezuela. He also characterizes captured by US
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  Speaker 4: forces as an abduction. Maduro's wife also appeared. She pled
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  Speaker 4: not guilty and has visible injuries that a lawyer says
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  Speaker 4: may include rib fractures from the arrest operation. Both are
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  Speaker 4: being held at the Metropolitan Detention cent in Brooklyn and
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  Speaker 4: waived bail for now. The judge schedule the next hearing
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  Speaker 4: from March seventeenth, twenty twenty six. There are protests as
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  Speaker 4: well as radicals on the left are outside the courthouse
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  Speaker 4: saying that this was well a terrible day for America.
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  Speaker 4: Official US government line very different coming from the White House.
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  Speaker 4: The government is defending the military operation and Madua's prosecution
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  Speaker 4: as legitimate action against narco trafficking and criminal syndicates, even
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  Speaker 4: as international critics are of course siding with Maduro, saying
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  Speaker 4: it was illegal. A White House spokesman pushed back strongly
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  Speaker 4: today on domestic criticism from the left, many liberal commentators
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  Speaker 4: saying of the Venezuela raid, many countries consider madurea illegitimate
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  Speaker 4: and we should go back and report on the words
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  Speaker 4: of so many countries now that are just criticizing Trump
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  Speaker 4: because he's in charge. The FBI Director Cash Bettel went
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  Speaker 4: on TV to talk about the real threat that Maduro
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  Speaker 4: posed the United States of America. And here's part of
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  Speaker 4: what he had to say about the fetanyl that had
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  Speaker 4: been seized by the Trump administration.
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  Speaker 8: This director correct me if I'm wrong, But didn't you
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  Speaker 8: meet with Chinese officials about stopping the precursors to fentanyl?
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  Speaker 8: And did what has happened since that meeting? The President
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  Speaker 8: push with tariffs to stop it. What could you tell
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  Speaker 8: us happened with the flow into Mexico where they refine
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  Speaker 8: it and send it to us.
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  Speaker 5: That's just it.
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  Speaker 9: There was nobody, no other administration was willing to engage
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  Speaker 9: with our counterparts on things like fentanyl, which were killing
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  Speaker 9: almost one hundred thousand Americans per year. And President Trump
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  Speaker 9: laid the groundwork for us to go over there and
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  Speaker 9: engage directly and say, hey, you got to shut off
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  Speaker 9: the flow of the chemical precursors, the ingredients that they
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  Speaker 9: utilized to make fentanyl. And we went over there and
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  Speaker 9: we got that agreement while we were there. Thanks to
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  Speaker 9: President Trump's leadership, and we were able to literally shut
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  Speaker 9: off the flow of all thirteen precursors and eight chemical
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  Speaker 9: adjuster agents. And what that does is it suffocates the
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  Speaker 9: drug trafficking organization's ability in Mexico and South American and
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  Speaker 9: Central America and elsewhere to create and manufacture the fentanyl.
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  Speaker 9: And just look at what we did this past year
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  Speaker 9: under President Trump's leadership. We seized enough fentanyl to kill
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  Speaker 9: one hundred and seventy five million American citizens. That is
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  Speaker 9: an increase in fentanyl caesars by over thirty percent. That
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  Speaker 9: is what a coalition, a team led effort by a
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  Speaker 9: decisive White House and President Trump looks like to counter narcotics.
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  Speaker 9: Not just these great successful operations like what we saw
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  Speaker 9: this past week in Venezuela, but a continuing onslaught of
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  Speaker 9: law enforcement activity to safeguard the American public. And we're
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  Speaker 9: not going to stop.
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  Speaker 4: The FPI director wasn't finished with that. He also praised
• 12:48
  Speaker 4: Donald Trump's decisive leadership for having a drastic reduction in
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  Speaker 4: narcotics available on our streets, which is saving American lives.
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  Speaker 1: I want you to put on your former produce secutor
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  Speaker 1: hat because you know these charges, and I'm not asking
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  Speaker 1: you to prosecute it for our audience, but explain to
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  Speaker 1: us the charges and how long are we talking about
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  Speaker 1: before Maduro sees the other side of justice.
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  Speaker 9: I just want to be very careful here. Department of
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  Speaker 9: Justice and our DEA partners are going to be running
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  Speaker 9: point on these prosecution charges for narco terrorism. But generally speaking,
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  Speaker 9: it's what I alluded to earlier. It is a large
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  Speaker 9: and continuous volume of illicit narcotics, to include cocaine and
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  Speaker 9: fentanyl and meth and everything else that we see harm
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  Speaker 9: our children and that poured into our communities. And thanks
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  Speaker 9: to President Trump's decisive leadership, we've seen a drastic reduction
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  Speaker 9: and not just death but quantity of narcotic development our streets.
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  Speaker 9: But Venezuela acted not only as a large and massive
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  Speaker 9: transhipment point by air and by sea, but also allowed
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  Speaker 9: drug traffickers to operate with reckless abandon inside their borders,
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  Speaker 9: and their direct target of deployment was the United States
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  Speaker 9: of America in large part, and that's what these charges,
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  Speaker 9: in my opinion, I believe, will address, and thankfully that
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  Speaker 9: these individuals are now behind bars to face the justice system,
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  Speaker 9: and for me, quite frankly, it doesn't matter how long
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  Speaker 9: or how short the process is, as long as we
• 14:16
  Speaker 9: get it right. And we're off to a great start
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  Speaker 9: thanks to the decisive leadership this week and a President
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  Speaker 9: Trump and his national security team.
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  Speaker 7: Yeah, as long as he's in custody. I don't think
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  Speaker 7: people just want to see Venezuela get back to normal.
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  Speaker 4: As you heard there from the FBI director, it's about
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  Speaker 4: national security, it's about saving American lives. It's also about
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  Speaker 4: making sure that there is a better nation in Venezuela
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  Speaker 4: for the people that have been oppressed by Maduro. And
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  Speaker 4: that is clearly part of Donald Trump's doctorate.
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  Speaker 3: Thank you for listening to the forty seven Morning Update
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  Speaker 3: with Ben Ferguson. Please make sure you hit subscribe wherever
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  Speaker 3: and we will see you back here tomorrow