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Sagar
This is an iHeart podcast.
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Ryan Seacrest
Hey, it's Ryan Seacrest for Albertsons and Safeway. Ready to save. It's time for cyber deals. Put a spring in your step with fresh savings that brighten the season. These exclusive week long digital offers on your favorite products are only available when you shop online. Save on eligible items from Kettle Chobani, Quaker Skippy, Hidden Valley International Delight, Frito Lay and Signature select. Available now through March 24th on pickup or delivery orders only. Restrictions apply. See website for full terms and conditions.
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Support for the show comes from Public, the investing platform for those who take it seriously. On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comdisclosures hey guys,
Sagar
Sager and Krystal here. Independent Media just played a truly massive role in this election and we are so excited about what that means for the future of the show. This is the only place where you
Ryan Grim
can find honest perspectives from the left
Sagar
and the right that simply does not exist anywhere else. So if that is something that's important to you, please go to BreakingPoints.com, become a member today, and you'll get access to our full shows, unedited ad free, and all put together for you every morning in your inbox. We need your help to build the future of independent news media, and we hope to see you@breakingpoints.com
Ryan Grim
all right, good morning and welcome to Breaking Points. To the thousands of new premium subscribers that we have. We should show people around a little bit. Right.
Sagar
Apparently, the floors just got cleaned.
Ryan Grim
Yeah. So somebody complained. They said whenever there's the over. Over the head shot, they can see that the floor is kind of a mess. So you know what? We clean it up for the new guests.
Sagar
We listen.
Ryan Grim
So, you know, you're welcome.
Sagar
Promises made, promises kept.
Ryan Grim
That's right. And thank you for the suggestion. There's a comment section on YouTube. You're welcome to, you know, so, you know, for longtime viewers, be nice to everybody in there.
Sagar
Anything, you know, if we need to tidy anything up, just let us know. Mac apparently reads every comment and we'll act on it quickly.
Ryan Grim
Let them know how this works. There's also a Reddit. You gotta be careful over there, I think. Right. With Reddit.
Sagar
No comment on the Reddit.
Ryan Grim
Did you see that?
Sagar
No comment on the Reddit.
Ryan Grim
Because AIs are training themselves on Reddit threads. They keep telling people that no matter what their question is, the answer is, you should break up with that person.
Sagar
No, I didn't.
Ryan Grim
It's a math question. They're like, yeah, you should leave them.
Sagar
Two plus two equals. Get the hell out of that relationship.
Ryan Grim
Anyway, so welcome. Thank you. And we hope you stick around because only that first month was free. You're gonna have to pay after that.
Sagar
Yes, but it's worth it to help us keep doing the independent journalism. Cleaning the floors, apparently. And we got a big show today. Donald Trump threatening to pull out of Naito directly in comments that he made in front of reporters at the White House yesterday. A hit on the embassy in Baghdad. The massive green zone that we have in Iraq, we're going to break down the details on that. We have lots of footage from around the Middle East. But Ryan, that in particular is. Seems to me like it's going under the radar in the news cycle right now.
Ryan Grim
Yeah, we went to war, as some people might remember, in 2003 in Iraq. We were going to take that country off the chessboard. Mission was accomplished. And now they keep Iraqi militias there, like bombing our embassy there and firing at our bombers as they go over top and refueling jets. Giant mess. Meanwhile, Trump seems to be trying to get the Iraqi prime minister out of office like some more regime change. So, yeah, we'll get into that.
Sagar
Right. And we have more fallout from Joe Kent's resignation. Sagar and Kristol were able to cover that quickly yesterday. But it continues to rage in the news cycle throughout the day yesterday, as it should, of course, when you have a top intelligence official resigning over whether or not an imminent threat was an appropriate predicate for the war in Iran. He questioned whether or not there was an imminent threat. And so yesterday this was swirling online. The president commented on it. So we're going to bring you that clip as well. Then we're going to do an update from Cuba where the electrical grid, if you haven't been following this suffering across Cuba, protests across Cuba, we are going to break that down, Ryan.
Ryan Grim
Yes. And I'll be going there this weekend.
Sagar
That's right.
Ryan Grim
A group of journalists are going. And so if you are a premium subscriber, you're helping send me to Cuba.
Sagar
That's right.
Ryan Grim
Whether how that makes you feel is up to you.
Sagar
Don't worry about it. Well, but as we know, facts over feelings.
Ryan Grim
That's right.
Sagar
So we'll see. There will be a camera crew. We will have some updates from Ryan next week for for sure. Ro Khanna is getting called out by Jonathan Greenblatt. Perhaps not surprising, but it's turned into a very ugly war and Greenblatt is leveling some really ugly charges against Ro Khanna. We will have updates on that. And it's a Wednesday in a midterm cycle which means we have some election results. The much watched Cat Abu Ghazale Daniel Biss race. The that was last night and the numbers are in. Should we spoil it?
Ryan Grim
Yeah, this one. But APAC took some losses well in that race and then in a couple others and also notched a couple of wins. We'll talk about that. Plus the role of AI and crypto and in the Senate race and in the House races.
Sagar
All right. We'll break it down. Let's start now with Naito. Donald Trump yesterday in a bilateral conversation in the oval office of St. Patrick's Day. So he was with Irish leaders at the White House yesterday. Here is Trump getting asked about NATO and whether or not the US should pull out of NATO particularly at least Donald Trump took the direction, the conversation in that direction. Let's roll a one here. Are you rethinking the United States relationship with NATO possibly getting out?
Donald Trump
Well, I'm disappointed in NATO that we spend trillions of Dollars on NATO. Think of it, trillions over the years, many trillions of dollars. It's one of the reasons we have deficits and we help other countries and when they don't help us, I mean, it's certainly something that we should think about. I don't need Congress for that decision, as you probably know. I can make that decision myself. I'd work with some very smart people and I'd always deal with Congress anyway. But I don't need Congress for that decision. But you know, when you, when you say rethink, I'm not, I have nothing currently in mind. But I will say that I'm not exactly thrilled when we helped them with Ukraine. Look, Ukraine would have been over in one day if we didn't help. Frankly, Ukraine would have been over in the first day. They had the best equipment in the world. It was our equipment. I think NATO is making a very foolish mistake and I've long said that, you know, I wonder whether or not NATO would ever be there for us. So this is a, this was a great test because we don't need them, but they should have been there.
Sagar
Okay, so he doesn't have any plans at the moment is what he said, but also doesn't necessarily need Congress to do it. And he's very upset at NATO, Ryan.
Ryan Grim
He's mad, but he's not mad. He doesn't need them, but he would like them.
Sagar
They're very important, but they're very important. This is. So the President also posted, lest you think that was just a comment in the Oval Office, he says the United States on Truth Social has been informed by most of our NATO allies that they don't want to get, don't want to get involved with our military operation against the terrorist regime of Iran in the Middle East. This despite the fact that almost every country strongly agreed with what we are doing and that Iran cannot in any way shape or form be allowed to have a nuclear weapon. I'm not surprised by their action, however, because I always considered NATO, where we spend hundreds of billions of dollars per year protecting these same countries, to be a one way street. We will protect them, but they will do nothing for us in particular in a time of need. Fortunately, we have decimated Iran's military, goes on and on to say that we do not need the help of anyone. Then he signs off. Thank you for your attention to this President Donald J. Trump. So Ryan, this is obviously over the Strait of Hormuz conflict. How much of a breach? After all of the breaches, after all of the Sort of chips that have already been put into the foundation of the US NATO alliance. What, how much do you think this particular dust of yesterday matters?
Ryan Grim
I think what it shows, right, is that he is really flailing, that his idea for this war was very Venezuela esque, right? He's going to go in or Israel's going to go in, actually, because Israel carried out the first strike and they hit the ayatollah, they hit the top leadership and yada, yada, yada, that was going to lead to something better. Netanyahu obviously had a much more sophisticated and thought out plan. Netanyahu. Netanyahu's plan is we're going to hit them, they're going to hit everyone back. Because they said that out loud many times. They sent it even in a letter to like the United Nations. It wasn't just like job site reporting or post. It was like they put it in a letter that said, we're going to hit all the bases where the United States has forces and even if these are our brotherly countries, we're going to hit them. So Israel knew that they would do that, knew that that would mean that we would respond with, you know, considerable overwhelming force in response. And the idea is then you, you degrade Iran's, you know, military and economic infrastructure for a generation like so at least, at least Israel had an idea. Trump seemed to have no idea and seemed to think that it wasn't even possible that Iran would close the Strait of Hormuz. And now he has this idea that he's going to get the Europeans, right, to help him open it back up, which I'm so confused here. I thought we have a trillion dollar military, right? Aren't we like the biggest, most well funded military in the history of the world? And we need France and like Britain to send ships up and down the Strait of Hormuz. Like we can't do that ourselves.
Sagar
Well, I think to your point, you're right. He likely didn't anticipate that this would happen.
Ryan Grim
And also apparently we can't do it ourselves. That, you know, it's a very, it's a very tight spot there. And they can fire from the sea or from the land at the ships there. Here's a question for you. Speaking of our inability to do this, the USS Gerald Ford, right, First it had this massive sewage problem. Now it's got this problem where the dryer area caught fire, burned up to 600 bunks. So sailors are now sleeping on floors, on tables. They're investigating whether or not it was sabotage. From the sellers themselves. There was some reporting that the sewage block up came from T shirts and clothes that were flushed down toilets. I don't know anybody that accidentally flushes T shirts down a toilet. You ever met anybody that does that?
Sagar
Not off the top of my head. Do I remember meeting somebody who does
Ryan Grim
that now who's on this ship? Thousands upon thousands of, I would suspect, very angry 19 year olds who were sent to Venezuela to do that operation and then told they were going to go home and instead of that, sent all the way across the world to now do a war with Iran. And they know that war started killing 160 plus little girls at an elementary school.
Sagar
Alternate possibility. Or it could be a combination of both. The infrastructure on our aging military equipment because of the ridiculous defense industrial complex is horrible.
Ryan Grim
You can get the best toilet Lowes has to offer. And if you flush T shirts down it.
Sagar
Do you know how hard it would be to get a government contract for better toilets on the USS?
Ryan Grim
Yes, they already have $25,000 toilets. Sure. But even those you flush T shirts down, they're going to clog up.
Sagar
Yeah, I mean, I wouldn't rule that out at all. Wouldn't rule either possibility out at all. Or a combination of both. Trump was also salty. We played a little bit of him talking about Ukraine, but he was also salty about Ukraine. We can roll this next element in the amount of money that the US has put into that conflict.
Donald Trump
When they say it was a threat, but we're not going to help, I think they're very foolish. You know, it's interesting. It's interesting because I could say this, that what's happening in Ukraine, we're probably in there for $400 billion. We don't spend any money anymore. They buy it from us and they pay full price. But Biden gave them between 350 and $400 billion of equipment in cash. Someday they have to find out about the cash. And you could say that wasn't a threat. You know, we're helping them, so we helped them and they didn't help us. And I think that's a very bad thing for NATO.
Sagar
So, Ryan, I got to say he's making a solid point there in the sense that he is correct that we put a lot of money into the war, continue to put a lot of money into the war in Ukraine, which is approximate threat in a way for these European countries that all want us backing Ukraine, they're all backing Ukraine. It's much closer home to them. Actually, technically, so is Iran, but this is his point about NATO in general, that even people in NATO have conceded that they should have been putting more money into NATO. They should have been meeting their NAT commitments since he took over his first term. This has been the big fight. And he's not incorrect that Ukraine was a much, much bigger threat. The incursion into Ukraine was a much bigger threat, or they at least saw it as a much bigger threat to themselves. But everyone in the US Defense establishment also wanted to back Ukraine in the same way that everyone in the US Defense established it's the same. It's not as though, I mean, Trump sees it as, oh, we were doing them a favor, but the US Defense establishment sees it as they're doing us a favor because they think Putin's gonna take over all of Russia.
Ryan Grim
Right. We're not all of Europe. Sorry. Yeah. We're not in the business of doing charity for anybody, including Europe. Right. The money is funneling right back into our weapons industries. And we love strategically to be able to, quote, unquote, bleed Russia well.
Sagar
And our neoconservatives are still stuck in 1973 and believe that, truly believe that this is the Soviet Union that Putin wants to actually, they believe maybe it's even pre Soviet Union that he wants. He has his designs on all of Europe. He's going to march into, you know, Paris if you give him the Donbas.
American Military University Announcer
Military life isn't predictable, but earning your master's degree can be. With American Military University's 40 flexible online master's programs, you can stay mission ready while you get market ready. Learn anywhere, anytime with an education built to keep pace, steady, reliable and always accessible. Plus, military service members, veterans and their families can save up to 45% on master's tuition with AMU's special rates and grants. Learn more at AMU Apus Edu. Steady through every mission hey, it's Ryan
Ryan Seacrest
Seacrest for Albertsons and Safeway. Ready to save. It's time for cyber deals. Put a spring in your step with fresh savings that brighten the season. These exclusive week long digital offers on your favorite products are only available when you shop online. Save on eligible items from Kettle Chobani, Quaker Skippy, Hidden Valley International, Delight, Frito Lay and Signature select. Available now through March 24th on pickup or delivery orders only. Restrictions apply. See website for full terms and conditions.
Public Investing Ad Announcer
Support for the show comes from Public, the investing platform for those who take it seriously. On public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets. Allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year. You can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index, and lets you back test it against the S&P 500. Then you can invest in a few clicks Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory services by Public Advisors llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comDisclosures
Ryan Grim
There is an interesting development this week that suggests how kind of butthurt isn't the word, but like how how deeply kind of America's national security complex is struggling with how this war is going. That a column in Al Jazeera, yes. Written by a professor in Doha, went mega viral among our elites here in the United States because it told them the opposite of what they've been absorbing, which is that and this has been a strategic catastrophe of epic proportions. And the headline is you can put up a 4 the US Israeli strategy against Iran is working. Here's why. So this went everywhere. But if you read it, you're like, wait a minute, I don't think these points are true. It's not that you can agree or disagree with the argument that's being made, but they're just fundamentally actually incorrect. And the key one, and I'll read it from it here, the guy says, but this framing inverts the strategic logic Closing the Strait of Hormuz was always Iran's most visible retaliatory card and always a wasting asset. About 90% of Iran's own oil own oil exports pass through Kharg island and then the Strait. China, Tehran's largest remaining economic partner, cannot receive Iranian crude while the Strait is shut. Every day the blockade continues. Iran severs its own economic lifeline and alienates the one major power that has consistently shielded it at the United Nations. The closure does not just hurt the global economy, it accelerates Iran's isolation. So this essay just ripped around the national security establishment here in the United States. I'm saying Wait, maybe. Maybe we are doing okay.
Sagar
It was in playbook yesterday.
Ryan Grim
Oh, my God. I did not see it was in playbook. Of course it was in playbook. It's everywhere. People are absolutely loving this. Like, oh, my God, thank you. Yes. We are actually whooping them. Except you're like, wait a minute. No. This was the exact flawed reasoning that led them to think they wouldn't close the strait to begin with because they said then they're not going to be able to get their own oil out. As if closing the strait builds like a wall across the water that no ships can get through. And they just like, it's closed. Sorry, can't get through, guys. That's not what it. There's no, there's no drawbridge that went down or something like. That's not how this works. What they're saying is, if you're a ship that we don't want to get through, you can't get through. But if you're a ship that we're okay with getting through, go ahead. We'll tell you how to get through. And so they are exporting at least 1 million barrels per day, Iran is. And they're now telling ships that if they trade in yuan that they can get permission to go through. So there is plenty of Iranian oil going through. It's like, this is a really interesting moment because, like, are our elites really this dumb or are they just so desperately desperate for delusion that they're willing to, like, not notice that this piece includes just straight up falsehoods?
Sagar
What do you make of this number that I see going around a lot? In some of the same circles, Iranian ballistic missile launches have fallen by more than 90%, from 350 on February 28 to roughly 25 by March 14, according to publicly available data. Drone launches tell the same story from more than 800 on day one to about 75 on day 15. And the reason I want to get your take on that, Ryan, is actually because of the next element. Let's put Trey Yings, who is the chief foreign correspondent for Fox News, up on the screen. He new Israel estimates it will take, quote, a few weeks to destroy the ballistic missile threat from Iran. Quote, it will take a few weeks more. A senior Israeli military official told Fox News they still have the capability to launch missiles. The official added that Iran aimed to launch tens of missiles a day at Israel, but aren't able to do so. This is due to Israel and the US Striking the missiles and launchers belonging to the regime. We are hunting them. The official Added. So on the one hand we have news here that their missile capacity has been decimated, launchers decimated, drone drones, same thing. On the other hand, there's still several weeks to go. I was hearing last week that this was just a two week bombing run. That's all it would take. And here, Brian, we're getting competing things from these Israeli and US sources.
Ryan Grim
So I think to be objective about this, the answer is yes and no to your question here. So, yes, we're seeing a massive decrease in the number of launches of both drones and ballistic missiles since day one. But people should ignore the percentage because on day one they said they were going to make a theatrical point and that they were going to hit everybody extremely hard. So they launched a huge number of rockets and drones. There was never an intention to keep up that massive day one pace. So for Israel and the US to take credit for that massive reduction misunderstands that like they also, they didn't even have the capacity, let's say they have 2,500 to 3,000 ballistic missiles. If they were doing 350 a day, that's less than two weeks and they're done. Like, even if Israel doesn't take out any of their capacity to launch. So there are finite limits to what they have. And so they calibrate that. And so they reduced the amount that they were shooting. Israel has also been, you know, and the US have completely like smashed Iran's air defenses, particularly in the west and the south, I think less so on the east, over the mountains, you know, closer to Pakistan. And so yes, they've had some serious, you know, tactical successes there, but they're still shooting them. They still have, they're, they're now moving into their more sophisticated ballistic missiles. The drones are much easier to import and also to produce. So I think they can keep that up indefinitely. So the idea that they're going to completely eliminate all their capacity to project power I think is foolish because they
Sagar
still have the capacity to rebuild.
Ryan Grim
Yeah, you can like, and they have for 40 plus years they've been developing a weapons industry to withstand a bombing campaign. And so they have entire factories under mountains. So, like, what do you like, ground troops?
Sagar
The only. Right.
Ryan Grim
I guess, yeah, I mean, yes, you would. Right? That really is it. And so I'd point people to Yemen. Yemen is much smaller and much poorer. And the US spent many billions of dollars bombing them to smithereens during that short war that they said was going to go 90 days. And after a couple weeks, Trump said that's it like, let's reach a deal. Houthis have said they'll stop firing at our ships, we'll stop firing at them. If they stop firing at our ships, call us over. And what he said afterwards was like, they were much tougher than we thought because their missile production and launch capacity was inside the mountains. And so. So ask yourself this. Let's say you're Israeli defender here and you're thinking this through. If the US with all of its firepower can't stop the Houthis from shooting without ground troops, without ground troops, how are you going to stop the Iranians, a much bigger, wealthier country that has been planning for 40 years? Jeremy Scahill was saying yesterday that, you know, the underground capacity that they have makes what Hamas built in Gaza look jv. So. And also, it's such an asymmetrical conflict, it doesn't take that much to continue causing chaos in Dubai, which is why they needed the OR to keep the straits closed. Just, you know, one drone hitting one ship. Boom.
Sagar
And that's why all the bluster at the beginning of the war was about the Ayatollah being killed, because they were expecting, again, it's Bay of Pigs esque. They were expecting this takeover of the government. They were expecting people to rise up with much more force than has happened so far. And when they say they didn't really need that to happen, you know, the Kurds, immaterial, whatever. To your point, that's the ground troop. Those are the ground troops that the US was hoping would accomplish this. On the, to all those points about their infrastructure, that's what they needed to have happen. And they're downplaying that now. But that's where you end up getting. The goalposts keep continuing to be shifted further and further out.
Ryan Grim
Right. Yeah. And the idea that the Kurds were going to lead a revolution there, I think was fantastical.
Sagar
Or the Shah's supporters were going to, or some combination of both.
Ryan Grim
They tried to pull off, and we'll talk about this in the next blog, they tried to pull off a major demonstration, anti government demonstration yesterday. Didn't really seem to materialize. You've got the bloke down in the south, you know, but they're. They're not in. They're not. They're not interested in kind of taking over the country. We have the Azeris next to the Kurds, but they're not like, that's. That's not going to work. Pizzashkin Khamenei actually has some roots in the Azeri population. So it's like, that's probably not going to fly.
Sagar
Well, it's okay with the Trump administration because here is economic advisor Kevin Hassett on CNBC yesterday saying this war could go on forever and our economy will be just fine.
Ryan Grim
Maybe not for you, but fine. US Economy is fundamentally sound and that if it were to be extended, it wouldn't really disrupt the US Economy very much at all. It would hurt consumers. And we'd have to think about, you know, if that continued, what we would have to do about that. But that's like really the last of our concerns right now because we're very confident that this thing is going ahead of schedule.
Sagar
In the same breath there, he said it wouldn't hurt the economy, it would hurt consumers, Ryan.
Ryan Grim
And that's really the last of our concerns.
Sagar
That's perfect. Saying that it won't hurt the economy, it will hurt consumers is actually the perfect distillation of how people, actually a lot of the people Hassett has spent years criticizing. Think about the economy. Stocks going to keep going up. That's the economy. The economy is the markets.
Ryan Grim
The good news is that you don't really do much consumption anymore anyway because you have no money. Something like what, 80% of the, I don't know if we have the latest charts. Huge portion of consumer activity is now done by the top 10 to 20%.
Sagar
Yes, it is like 80%.
Ryan Grim
So that's one reason they don't actually care as much about the consumer economy, because we have systematically destroyed the consumer economy by making sure that people don't have money to spend.
Sagar
I would also then like to ask Kevin Hassett, what was all of the Liberation Day about then? If the consumers aren't the economy? What was that about?
Ryan Grim
You never thought you'd hear a White House telling the public, hey, a wet person shouldn't be afraid of the rain. It already sucks for you. It's gonna get worse. But that's the last of our concerns.
Sagar
But I mean, him saying that and saying it rather poorly suggests that they were not prepared for a long term impact and they now are trying to downplay the obvious, obvious harms that would come from long term impact or from a longer war. More drawn out, drawn out war and are kind of doing this on the fly. That's my impression of what we're getting from this, is that they didn't expect in a midterm year to have to defend a wartime economy. And now the goalpost keeps getting shifted. Israel is saying, oh, three more weeks, three more weeks. That's what they're doing, you know, telling Fox News and Trump is saying we could keep doing this as long as we want. We've already won, but we're going to keep going as long as we possibly can.
Ryan Grim
Yeah. And, and granted we gave the nastiest possible interpretation of of what he said there, I don't think he earned the benefit of the doubt, so I don't feel bad. But he did say tucked in the middle there, we can do something about the consumer concerns, which what he's implying there is that they could do some sort of stimulus, I think like some kind of government intervention that's going to help consumers, which I don't know if that's actually true, if they could actually have the will to do that or the plan to do that. But he was suggesting that they could do that. So okay, even if consumers do get hurt, we can do something. We'll help you guys out. Don't worry. So you feel better?
Sagar
Does that help?
Ryan Grim
I hope you feel better.
American Military University Announcer
Military life isn't predictable, but earning your master's degree can be. With American Military University's 40 flexible online master's programs, you can stay mission ready while you get market ready. Learn anywhere, anytime with an education built to keep pace steady, reliable and always accessible. Plus, military service members, veterans and their families can save up to 45% on master's tuition with AMU's special rates and grants. Learn more at AMU Apus Edu. Steady through every mission.
Ryan Seacrest
Hey, it's Ryan Seacrest for Albertsons and Safeway. Ready to save. It's time for cyber deals. Put a spring in your step with fresh savings that brighten the season. These exclusive week long digital offers on your favorite products are only available when you shop online. Save on eligible items from Kettle Chobani, Quaker, Skippy, Hidden Valley International, Delight, Frito Lay and Signature select. Available now through March 24th on pickup or delivery orders only. Restrictions apply. See website for full terms and conditions.
Public Investing Ad Announcer
Support for the show comes from Public, the investing platform for those who take it seriously. On public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index. With AI, it all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year. You can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors, llc. SEC Registered Advisor. Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete disclosures available@public.com disclosures
Sagar
all right, let's move on to the embassy in Baghdad. Ryan, really striking footage coming out of Iraq yesterday. Let's put B1 up on the screen. Maybe Ryan, you can tell us what people are seeing.
Ryan Grim
Yeah, this is so you're seeing a lot of footage emerge out of Baghdad where regular people are on the streets are just are capturing these incredible kind of air battles between the Green Zone air defenses and the drones that are coming mostly from Iraqi militias. And as you see there, that one didn't wasn't stopped. And you saw a massive explosion inside the US Embassy compound there. So these Iraqi militias were empowered by us during the 2003 invasion. Iraq is a Shia majority country and had been run by Sunni dictator Saddam Hussein. When we toppled Saddam, we then allowed the political rise of the Shia population, which is very closely aligned with Iran. Iran sent its own forces and support into Iraq. They were saying at the time, ironically, because you'll recognize this reasoning, it's better for us to fight them there than to fight them here. Very American argument. We have to fight them in Vietnam or Afghanistan or Iran so that they don't fight us here in New York City. Except when our politicians say that it sounds absurd because it's like they're not fighting us here. What are you talking about now? There was 9 11, but they're not otherwise not invading the United States.
Sagar
Well, I mean the great irony is that as you create the ISIS comes out of the post 911 Middle Eastern conflicts and very intentionally takes the fight
Ryan Grim
here or they inspire people who take it here. Yeah, yeah. And so the Iranians felt like this was a way to stave off an attack on Iran was to keep us bogged down in Iraq. And I guess it worked for 23 years. And so all of the strategists inside Iran who were forecasting that the U.S. and Israel were intending to attack Iran at some point. And so we need to stave that off as long as possible They've been shown to be correct there. Our, our kind of occupation of Iraq was expected then to enable us to project more power, you know, throughout the, throughout the region. We built one of the biggest, or the, one of the biggest embassies, the Green Zone in the world in, in Baghdad. We put up B2 here. And so the Iraqi militias have this very ripe and nearby target that they can, that they have always threatened. Like if you hit Iran. One of the big, the big strategic vulnerability that the US has always had is this what you're looking at right here. This is the Green Zone. And so this is a Iraqi drone that they, they published this video of them flying for something like two minutes kind of uninterrupted, you know, throughout the, throughout the Green Zone using technical, using communications that are unable to be jammed because you're, because they're so close. Like Iran couldn't do this because they're too far away. But because the Iraqis are right nearby, they can, they can just do this and they, and then that they, and then those drones go in and they, and they hit whatever they want to hit. You know, they have kind of free reign. And so you're seeing like massive explosions and huge risk to whatever service members or Americans are still there. A lot of them obviously were evacuated knowing that this was going to Happen. Meanwhile, the US attacks continue to be completely insane or the US and Israel would do B3 here and put up this. So we start the war by hitting a girls school which on, if you, if you looked at it on a satellite image, you could see chalk on the, you could see purple chalk on the, you know, near the playground. You could tell it was a school. It was marked on Google Earth literally as the school that it like Google Earth had the name like of the school on there. Now we've hit a boys school that's called Shahed Khomeini Elementary Boys School in Shiraz, Iran. And people are like, how did we do this again? And Trita Parsi points out that Shahed is in the name of the school. Hopefully we're not hitting it everything named Khomeini, but Shahed is very common name but commonly used word. But it's the brand of the drones that Iran sells to Russia and Iran is using to hit US bases. So the most logical explanation here is that an intern or AI or a combination saw the word Jahead and were like, oh, haha, we found one of their factories, let's bomb it. And instead they bomb in elementary school. Reminds me of another one treated Flagged where they've been hitting all of the different police headquarters that they can find. They bombed in Tehran a thing called Police park, which that's just the name of a park. It's like trees, benches, grass. And they, you know, we dropped a massive bomb on Police park just because it's labeled.
Sagar
Police schools are closed in Iran right now. So that's the silver lining here.
Ryan Grim
Right? So. Right, right. Because the girls school was hit before we under. Before they understood they were getting attacked.
Sagar
It was right away. Yep.
Ryan Grim
Yeah. Which again, for all the people who said Iran hit it, Iran wasn't even firing yet. Because Iran, like, we started the war and then Iran responded a few hours later.
Sagar
Immediately, it was ridiculous.
Ryan Grim
And the girl. Right. It was like only one side was firing. We're like, it must have been them.
Sagar
Yeah. Ryan, there's this job site article we wanted to talk about too. Before we can put this up on the screen, the political uncertainty, as you all write about in Iraq right now, is hanging over the conflict. Break this down for us.
Ryan Grim
Yeah, so for people who followed the kind of Iraq war 20 years ago, remember the name Nouriel Maliki, who was, you know, something of a US Ally, you know, we always had some. There was always a little, you know, he wasn't curveball or whatever. You know, he wasn't like a total, like American plant, but he was like, you know, American ally. But because there is some actual democratic pressure and expressions in Iraq now as they're actually, you know, anyway, he is responsive to a lot of the anti American hostility. And so he's become less of a reliable ally than the US Would. Would like in that place. Because the US Is like, hey, wait, we do a war. We install people like they're supposed to, then just do exactly what we say. Because we don't seem to acknowledge that Iraq is an actual democracy in the sense that they have elections.
Sagar
Oh, we acknowledge parliament. That's our. That was our mission being accomplished.
Ryan Grim
Because every day I'm told that there's only one democracy in the Middle East. Yeah. Every time, like, wait a minute. Didn't we. Didn't a whole bunch of Americans die to make another one? What about Lebanon? I constantly hear about them having elections because they can't ever form a government. Name of another election, Another election, another election. What is that? Why doesn't that count? Is that not the Middle east anyway? Never mind. The only democracy is the one where half the population isn't allowed to vote. So we're now in a place where we're destabilizing Iraq to a very significant degree.
Sagar
I mean, we've roughly been in that place for 20 years. But yes, kind of re.
Ryan Grim
Destabilizing, I guess, would be the word for it. You've got Muqtada Sadr, who was a powerful Shiite, is a powerful Shiite cleric, was a key nationalist figure during the kind of insurgency against the US occupation. And he has been encouraging, again, the Iraqi population to unite along Sunni and Shia lines, not to. And to understand who the enemy is. And he means the US And Israel. Sistani, who was another major figure, kind of the, maybe the most revered Shia figure both in Iraq and Iran, issued a fatwa of sorts that didn't go all the way to saying that all Shias, like, ought to fight on behalf of Iran against the US And Israel, but kind of got very close to that. And so this is, you know, we spent. We lost thousands of American lives and spent trillions of dollars as part of this strategic play to like, take over the Middle East. And the place where we did it is not remotely kind of reliable for us at this point. And you continue to have these like, crash landings where you've got refueling jets flying over Iraqi airspace and then the militias are firing at them. It's already like an impossible task to try to refuel a jet. Like just the idea of that at like 500 miles an hour or whatever you're going and trying to refuel a
Sagar
jet they're the best of.
Ryan Grim
And then you've got the. Then you're getting shelled from the ground.
Sagar
Yep. Yeah.
Ryan Grim
So we had one crash. We had another one do an emergency landing recently. So, yeah, it's. It's not good for us.
Sagar
There's a real, like, poetic tragedy to the side by side in Iran and Iraq right now. Watching the prior experiment in nation building which this president condemned. I don't even need to say this. It's so obvious, don't actually have to explain it, but watching that experiment continue to crash and burn while you've just started another experiment that's even. That's fueling the continued spiraling of the prior conflict. It's just heartbreaking.
Ryan Grim
Yeah, it really. It really truly is.
Sagar
And let's make it worse. Yes, let's put the next element on the screen. This is a Guardian report. UK Security advisor attended US Iran talks and judged deal was within reach. Ryan, this reminds me of some of the reports we got early in the Ukraine conflict as Naftali Bennett, who then retracted his claim, and others would say, listen, these negotiations are really Close. But US didn't want Zelenskyy to make a deal earlier. This actually kind of reminds me of this.
Ryan Grim
Yes. The difference here is that there's still some reasonable, reasonable debate over whether or not Putin was serious about and was actually willing to go through with. Even if the US had said, okay, we'll accept all these terms, I think he probably would have been. But there's some reasonable debate about whether or not he would have been. It really isn't reasonable debate here. And one thing I this Guardian reporting makes me proud of the drop site reporting that we did in the run up to the war. Because what I've always tried to make our North Star is to tell people things in real time when they're still actionable.
Sagar
Yeah.
Ryan Grim
Rather than doing the really impressive TikTok reporting about what happened in the past.
Sagar
That's such a good point.
Ryan Grim
When it's too late.
Sagar
Yep.
Ryan Grim
And you all in the new, in the US media, you get so much of the. And the UK too gets so much of the postmortem. Here's what postmortem stuff. I don't want the, I don't want the mort. Like I don't want that pre.
Sagar
Mortem.
Ryan Grim
Pre mortem. So that you don't mortgage.
Sagar
Yes.
Ryan Grim
That's the whole point. Right. To give people the information. So Jeremy had a piece where, you know, he didn't use the word surprising. It was like unbelievable I think was the word that was used to describe what the Iranians were offering in these talks. And so what the Guardian is reporting here is that Jonathan Powell is one of the top Britain's national security advisors, sat in on the US and Iran talks and they write he quote judged that the offer made by Tehran on its nuclear program was significant enough to prevent a rush to war. The Guardian can reveal Powell thought progress had been made in Geneva in late February and that the deal proposed by Iran was quote, surprising according to sources. And so he's saying. We heard unbelievable. He's saying surprising that like the concessions and we also heard that the concessions they were making would like be stunning and surprising, et cetera, to like the 2015, 2014 Obama era negotiators that Iran went far beyond what they had offered previously and instead they went nowhere. One source said that there was quote, widespread concern about the US expertise on the talks represented by Donald Trump's son in law Jared Kushner and Steve Witkoff, Trump's special envoy on several issues. The Guardian is reporting here what we kind of already saw in public that like Wytkoff and Kushner didn't really know what they were talking about and didn't understand this is nuclear stuff. I don't blame them for not understanding, and I wouldn't.
Sagar
I mean, I blame them.
Ryan Grim
But, yes, you're supposed to have a technical advisor. So this guy, pal brought a technical advisor with him who would translate to him like, what. What all of these things mean. And Witkoff, whenever he would go out and publicly talk about things, he would say like, industrial grade. And it's like, well, what is it? There's no such thing as industrial grade. Like, that's not even a word that people use. There's weapons grade. I think that's what you mean. But like, so what it really fueled was the idea that they were just not remotely serious about. About reaching a deal. That the. That it was. That they were just going through the motions. And so.
Sagar
Well, so is some of that then crossed wires or. Because, I mean, we don't know what Witkoff and Kushner would have agreed to if they had been accurately informed. I suppose maybe that's an impossible.
Ryan Grim
But maybe they were told, forget it. Like, we're not actually making a deal, so it doesn't matter. Yeah, they quoted. They quote, a Gulf diplomat in the Guardian saying, quote, we regarded Witkoff and Kushner as Israeli assets that dragged the President into a war he wants to get out of that might be a little generous to the President. Like, their assignments, if they were serious about the talks. Find somebody who understands nuclear physics and the nuclear industry. And they take notes. They sit next to you, they take notes, and then you talk about it later. As you hear Wyckoff talk about it now, you're like, God. Because he'll say things like, they told us they have 11 bombs and they're proud of that. And the Iranians afterwards were like, we didn't say that. We said, we have a certain amount of material that's 60%. That's at 60%. It could go higher and make bombs. Or we can have, you know, we can dilute it if you'd like. We can have Russia take it. Like, we're willing to. This is what we have.
Sagar
Yeah.
Ryan Grim
And we're willing to. Then you suggest things. We'll suggest things to make it so that you feel comfortable that it doesn't get weaponized.
Sagar
So this Guardian report pops the same day that, as we covered earlier in the show, NATO basically says, no, we're not doing this straight up from use thing not happening. Which may have been intentional. It may have been a strategic effort to kind of explain or to flesh out the reasoning without, you know, explicitly saying we were there and we thought that this war never had to happen, that there was actually an achievable goal on the table that probably would have been better than war, whatever the end of the war actually looks like. So that's, that's actually possible. The reason this is popping in the Guardian could be and possible it's explains there are all kinds of explanations for why the NATO countries might not want to get involved with the Strait of Hormuz, but this would be one of them.
Ryan Grim
Yeah, no, yeah, it certainly could be also, like there's no military solution really. Well, like if there was a military solution to it, the US Would be able to carry it out on its own.
Sagar
Well, so this is, let's put B6 on the screen. The Washington Post report from John Hudson yesterday. Senior, senior Israeli officials have told U.S. diplomats that Iranian protesters, quote, will get slaughtered if they take to the streets against their government, even as Israel publicly calls for a popular uprising. According to a State Department cable, not an anonymous source, a State Department cable reviewed by the Washington Post Post. Very significant, ryan.
Ryan Grim
Yes. And B8 kind of backs that up. If we can put up this, this is a, this is a drop site report from, from last night. As Israel calls for an uprising in Iran, besieged militias vow to crush opposition to the state. So that's sort of backing up Israel's claim that. So the security services in Iran are signaling very publicly at this point that they're going to see protests at this point as insurgency basically that, you know, there were several days of protests in December, January or you know, early January that were met with it with a very hands off response. And then by like the third day or so there was this massive crackdown. As and as the Iranians say like this, the Israeli infiltrators, Mossad, et cetera, started firing at security forces. They fired back. Either way, there was a couple of days where it's like, hey, people are upset about the currency crash. We're going to allow these protests to go. And then at some point they didn't. Now they're saying forget it. The second that there are protests, there's going to be a crackdown. So this is a rare case of, of Israeli intelligence and kind of Iranian public statements aligning. So there was supposed to be some protests last night. It wasn't much, didn't seem to be much that materialized. And you can imagine why, like if you're, it's clear that it would be very difficult to mass that amount of people. Even as the Israelis are bombing, they're bombing the heck out of besiege checkpoints
Sagar
and others energy supplies in the uae.
Ryan Grim
Well, and so yeah, so now Iran is like is is retaliating against energy infrastructure. This is there there's been this alleged dispute within between the US And Israel where the US has been telling Israel not to bomb Iranian oil infrastructure. They hit it anyway. And their argument was now Iran is going to bomb all the Gulf oil infrastructure. But now Trump is out there. You know, they hit Carg island, but they hit parts apparently away from the infrastructure on the island.
Sagar
After, of course, Brian Kilmeade instructed the president to do this on Fox and Friends. We covered that last week.
Ryan Grim
Yeah, go ahead. And Iranians keep saying here in this place oil island. Then Iranians keep saying if you want to take Oil island, please make our day. Yeah, putting thousands of American troops on one little island where the Iranians can just fire at them from three directions would, would be just a military catastrophe.
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Sagar
Let's talk about Joe Kent.
Ryan Grim
He had enough.
Sagar
Sagar and Crystal covered this yesterday. Obviously. One of the highest ranking intelligence officials in the Trump administration, Joe Kent, resigned with a letter. We're learning more and more. We're getting the postmortems as Ryan mentioned earlier in the show about what exactly went, went on behind the scenes as Joe Kent, who was in charge of counterterrorism work close to Tulsi Gabbard. He posts his resignation letter yesterday, delivers it to the President, apparently behind the scenes. J.D. vance had told him on Monday to just think about it. Just, just think a little bit about this because they had a conversation when Joe Kent said he was going to resign. Trump gets asked about this in the Oval Office yesterday after the news breaks. This is C1. Your director of National Counterterrorism, Joe Kent, he just resigned today. He said he can't support your conflict with Iran. What's your reaction to that? And did you?
Donald Trump
Well, I read his statement. I always thought he was a nice guy, but I always thought he was weak on security, very weak on security. I didn't know him well, but I thought he seemed like a pretty nice guy. But when I read his statement, I realized that it's a good thing that he's out because he said that Iran was not a threat. Iran was a threat. Every country realized what a threat Iran was. The question is whether or not they wanted to, to do something about it.
Sagar
So in his resignation letter, Kent said he did not believe Iran posted an imminent threat. You may remember Tulsi Gabbard herself testified in Congress, what was that? Last April, Ryan before Midnight Hammer that Iran was not building nuclear weapons. Tulsi Gabbard is actually set again to testify in front of Senate intel today around 10am so we'll be getting more from that. But this is Tulsi Gabbard's statement. We'll put this up on the screen. Donald Trump was overwhelmingly elected by the American people to be our president and commander in Chief. As our commander in Chief, he is responsible for determining what is and is not an imminent threat and whether or not to take action he deems necessary to protect the safety and security of our troops, the American people and our country. The office of the Director of National Intelligence is responsible for helping coordinate and integrate all intelligence provide the President and Commander in Chief with the best information available to inform his decisions. After carefully reviewing all the information before him, President Trump concluded that the terrorist Islamist regime in Iran posed an imminent threat and he took action based on that conclusion. So Ryan, reading between the lines of that, it's not hard to see Tulsi Gabbard is hardly embracing the claim herself that Iran posed an imminent threat. I saw Glenn slamming this as cowardly. I think Sager did as well, you know, to Be honest, I have a totally different take on this, which is basically that I think it's good there are remaining people in the Trump administration who, when these decisions are coming across a transom, they're skeptical. And I would imagine that both Tulsi Gabbard and J.D. mans were privately skeptical. If it's the case that they were not skeptical, that's a problem. That's significant. If they were sniveling and saying, yes, this intelligence does appear to show an imminent threat, and that's what they were advising Donald Trump because they could tell that's what he wanted behind the scenes. That's terrible. I think it was a brave decision from Joe Kent, too. So I don't know what's happening behind the scenes.
Ryan Grim
The problem on the Tulsi point, though, is there's no evidence that she has any influence in there.
Sagar
She's been apparently cut out of briefings.
Ryan Grim
Right. So if you're. And Kent probably was too. If you're. So if the argument for staying in is that you're gonna use. You're gonna sell your soul and, like, it's to base yourself, but internally, you're gonna be able to make the argument. That's one thing. But if you're also cut out of the process, like, you know, Sagar probably has more influence in there than Tulsi at this point.
Sagar
Well, they're. They'll. They would replace her with a, like, total stooge.
Ryan Grim
That's the other one.
Sagar
So if I had to, like, do I think it's a profile in courage? Likely not. I'm not saying that. But I also am not, like, clamoring for some ceremonial resignation, though I think what Joe Kent did in specifically citing his disagreement being over the question of an imminent threat was brave as well. So I'm not coming down hard on either side of it. But I also just don't think it's the worst thing in the world to still have somebody who may be like, we have a chance, that she's being skeptical behind the scenes, whoever her replacement would be. I'm sure that's. That's not true at all now.
Ryan Grim
But a second one, the last thing Tulsi has to do to me is that's the only power she has left, is to make a principled resignation.
Sagar
Yeah.
Ryan Grim
Because then you have two back to back, which would tell the public something more than just the one.
Sagar
Yeah. And she's testifying in front of Congress today, which by the time this airs, what I said may age poorly.
Ryan Grim
Maybe she's saving it for there. And she's gonna just go full worth and resign right there in front of Congress.
Sagar
But what I just said may age very poor in the next, like hour because she's probably going to go to Congress today and agree that there was an imminent threat in some way or another, even though she didn't in her statement after Joe Kent.
Ryan Grim
So probably right.
Sagar
Yeah, it may age poorly in just an hour.
Ryan Grim
Lost money betting on Tulsi to cave.
Sagar
The reports yesterday were coming out of a place like Fox News where people were just citing anonymous administration officials. Did you see this happening? All day, anonymous administration officials were saying that Kent was, quote, a leaker, a known leaker.
Ryan Grim
They leaked that he was a leaker.
Sagar
Incredible stuff. And it was getting passed on seriously by people who are otherwise skeptical of the media but are generally supportive of Trump's war being like, see, this is. Kent had to go. Kent had to go. And it's like, maybe apply a little bit of skepticism to anonymous leaks about someone else being a leaker, but that, yeah, I saw Fox News had that yesterday. Other news outlets had that yesterday. Just come on. Completely ridiculous. Completely ridiculous stuff all around.
Ryan Grim
Ben Shapiro, not a fan of Joe Kent's resignation letter. Let's roll. C3.
Ben Shapiro
Joe Kent quit his job at the National Counterterrorism center and issued a scathing letter designed to undermine President Trump. The letter is deeply, deeply conspiratorial. It states openly that, quote, Iran posed no imminent threat to our nation and it is clear that we started this war due to pressure from Israel and its powerful American lobby. Now that is conspiracy trash. It's also kind of strange since President Trump has said that it's conspiracy trash. So apparently Trump is so deeply, deeply enthralled to those strange, powerful American lobbies. We're not gonna say it. We're not gonna say it. We're not gonna say it. That he, he apparently has been so bamboozled by them that he's still under the impression that he's his own man. But here's the thing. President Trump is his own man. He makes his own decisions. And as per our usual arrangement, Trump's critics are cowards who are simply unwilling to acknowledge that Trump is the one making the call. But Jokent continued, quote, early in this administration, high ranking Israeli officials and influential members of the American media deployed a misinformation campaign that wholly undermined your America first platform and sowed pre war sentiments to encourage a war with Iran. This echo chamber was used to deceive you into believing that Iran posed imminent threats to the United States, and that should you strike now, there was a clear path to a swift victory. This was a lie and is the same tactic the Israelis used to draw us into the disastrous Iraq war that cost our nation the lives of thousands of our best men and women. Again, the idea here seems to be that President Trump is a moron misled into war by nefarious Israelis and unnamed influential members of the American media. Don't say it. Don't say it again. Apparently, President Trump has no agency and no thoughts. Kent's letter is replete with this conspiratorial idiocy, including, as we just saw, the idea that it was Israel that forced the original Iraq war, an idea totally and utterly unsupportable by any evidence, given the fact that the actual prime minister of Israel at the time, Ariel Sharon, opposed the Iraq war. This stuff is brainwashed. Now, listen, we should all be thankful for Joe Kent's long and honorable military service. We can also be glad that he's leaving, since his ideology is the same as that of Tucker Carlson, the guy who says that the war is disgusting and evil and who has been busy sexting with the MOAs. Tucker Carlson calls Kent a personal friend and, quote, the bravest man I know. Frankly, I think that it is a good thing that Kent is not in this position. We cannot have a director of counterterrorism who is somehow advocating preemptive surrender to the world's leading state sponsor of terrorism in the middle of a war.
Ryan Grim
In that letter, Kent also talked about his wife being killed. And let me read exactly from the letter. Quote, in a war manufactured by Israel, and his wife was killed in an ISIS bombing in 2019 in Syria. So Kent really going all the way in. I would argue there's. That there's more evidence to say that Israel fueled the Syrian civil war than there is that they drove us to war in Iraq. We had our own motivations to go to war in Iraq. But there were plenty of other reasons that Syria descended into civil war that weren't Israel, though Israel certainly did fuel it and benefit from it and annihilate the Syrian military after Al Shara took over, et cetera. But it is interesting that he's laying everything on Israel there. This is pretty maximalist take.
Sagar
Yeah, well, but then at the same time, to dismiss it as entirely conspiracy trash. It's. It's basically like the same level of CIA intentionally calling things conspiracy theories when you have the President of the United States, the Secretary of State, the Speaker of the House, saying, we struck when we did because of Israel. That is just the plain fact. They said that. They have of course, fleshed the point out by saying it was the precipitating factor of the when it happened, that was the reason. Reason for the exact time. And so yes, there's nuance to it, but they literally said that. And so to claim that what Kent is building here in the argument is just conspiracy trash, that's completely ridiculous. Now I've said before, like, I think we should put blame, plenty of the blame on ourselves, because there are a whole lot of people here in the United States, whether because they support Israel or they have other reasons for wanting to take down Iran. They want to take down Iran. They've been wanting to do this for decades. We didn't just do this because of Israel, but it would be, the actual conspiracy theory would be to say that the actions of Israel had nothing to do with when we attacked.
Ryan Grim
Yeah. And I feel like what's a little bit of what's going on here? You tell me on the right, Israel, they're new to this kind of anti war posture and they're kind of feeling their way around it. And Israel is something that they can hold onto and feel stable in their criticism of US war efforts. And so it's just kind of simpler to say Israel made us do all of these things rather than looking in Medusa's face and staring it down and saying, oh no, no, like, yes, they're along for the ride, but they're a client and the US itself is quite capable of driving all of these horrific adventures without Israel. Is Israel gladly along for the ride and instigating at times, no doubt about it, but to put all of the blame over there feels like a way to kind of wash ourselves of some of the responsibility.
Sagar
Well, I think the anti war left comes to its position from an anti, like a generally like anti imperialist and often especially the modern left, anti American, anti Western perspective, whereas the anti war right comes at it from a pro American perspective over and over again. And that's where the people like, yeah,
Ryan Grim
it's gonna be hard as you learn more.
Sagar
It's a different square to circle. Yeah, that's where the people like Ben Shapiro are used to dismissing everybody who's anti war as anti American. And so that's how, you know, Tucker Carlson is constantly called an America hater or Joe Kent probably even though he served his country, his wife died for this country is going to be called an America hater too. People in the anti war left in the 60s and 70s, who many people were veterans, got used to being called anti American. In some cases, they would legitimately qualify as anti American, but from the right. I think that's a good point, Ryan. It's coming at it from different angles,
Ryan Grim
but to just, they're like, I'm not anti American, I'm anti Israel.
Sagar
Yeah, yeah, yeah. You have a scapegoat.
Ryan Grim
Don't blame the King, blame his advisors. Don't blame Trump, blame his advisors.
Sagar
You have a scapegoat. Absolutely. And in some cases, that genuinely not just a trope, but like actually anti Semitic. Yeah, of course it is. I don't think it's anti Semitic from Joe Kent, although he's been accused of that plenty of times. He had a big falling out with Nick Fuentes. I think they had a call about whether Fuentes would back him in that congressional race and.
Ryan Grim
And he didn't.
Sagar
No. And they've like, Kent is absolutely no fan of Fuentes and has spoken out against that sort of thing, but he's pretty hardcore and like the dissident. Right, Put it that way. So that's interesting. I think that's probably true, Ryan, that if you are the pro, if you're coming to this anti war position from a pro American perspective, you're looking for scapegoats.
Ryan Grim
And none of this is to excuse or say that that Israel's advice here or Israel's role here is innocent. It's not to say that at all. It's to say that we might be elevating them beyond what they deserve. Not in this case, though. I think Trump deserves to blame for going along with this. But Israel drove this war like this one. Certainly compared to Iraq and Syria, you could say, I think they were a driving force of it. Yeah, yeah.
Sagar
But then you're getting into semantics. And that's the thing where it's like, this is where the conspiracy theory label is frustrating because it's ultimately labeling a semantic debate a conspiracy theory. It's elevating something that is a question of, like, is Joe Kent literally saying the only reason for this war didn't have anything to do with Donald Trump? He's not saying that. He's saying that Israel played a major role in pushing us into this war. And he's using, like, what he would probably argue is persuasive language from his perspective to make the point. But it's not completely like when you have the Secretary of State on tape saying what the Secretary of State said. It's not a conspiracy theory at that point to say that they were part of what drove the war. And so maybe what you want is for him to use more careful language. That's the criticism that Ryan just made, and it's entirely fair. But to go and call it a conspiracy theory, that's actually, I mean, again, that's the conspiracy theory.
Ryan Grim
And it's tricky because he's right about this one. And so, and this is the one that we're in right now.
Sagar
He's right about. Yeah, right, right, right.
Ryan Grim
He's correct about this one. Yeah. Foreign.
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Sagar
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Episode Date: March 18, 2026
Main Theme:
A deep dive into the spiraling U.S.–Iran conflict, Trump’s tumultuous position on NATO, escalation in Iraq with attacks on the U.S. embassy, American foreign policy missteps, internal dissent within the Trump administration, and the broader media/political reaction—including a notable resignation and the evolving anti-war debate on the right.
The episode opens with hosts Sagar and Ryan Grim (standing in for Krystal Ball here) noting the influential role of independent media in the election and promising candid, cross-ideological commentary. The central topics are Donald Trump’s open threats to leave NATO amidst ongoing war with Iran, the recent attack on the U.S. embassy in Baghdad, fallout from a high-profile intelligence resignation, and the internal American political and media debates framing the current war. The episode also touches on the Iran nuclear agreement’s missed opportunities, the logic and effectiveness of continued escalation, and the challenges faced by anti-war figures on the right.
“I don’t need Congress for that decision, as you probably know. I can make that decision myself.” — Donald Trump (06:57)
“Are our elites really this dumb or are they just so desperately desperate for delusion?” (20:00)
“Israel and the US have completely smashed Iran’s air defenses...but they’re still shooting...they still have the capacity to rebuild.” — Ryan Grim (24:31)
“The goalposts keep continuing to be shifted further and further out.” (26:24)
“These Iraqi militias were empowered by us during the 2003 invasion...the Green Zone is a strategic vulnerability.” (33:32)
“The most logical explanation here is that an intern or AI or a combination saw the word Shahed...and instead they bombed an elementary school.” (35:00)
“What it really fueled was the idea that they were just not remotely serious about reaching a deal.” (47:17)
“I always thought he was a nice guy, but I always thought he was weak on security...It’s a good thing that he’s out.” — Donald Trump (56:03)
“That is conspiracy trash...Trump is his own man, he makes his own decisions...Kent’s letter is replete with this conspiratorial idiocy.” — Ben Shapiro (61:22)
On U.S. Military and Strategy:
On Propaganda and the Policy Establishment:
On the Baghdad Embassy Drone Strike:
On Intelligence Failures and AI-driven Targeting:
On Joe Kent’s Resignation and Conservative Anti-War Debate:
On Who Drives American Wars:
| Segment | Timestamp | Notes | |--------------------------------------------|------------------|---------------------------------------------------------------------| | NATO Threat & Trump’s Comments | 06:29–16:10 | Trump’s Oval Office remarks, hosts’ analysis | | U.S.–Iran War & Military Effectiveness | 16:12–31:15 | Sabotage, propaganda, missile war, strategic realities | | Iraqi Embassy Attack & Drone Footage | 33:19–44:01 | Explanation of Green Zone, militia attacks, U.S. mistakes | | Iran Nuclear Deal Missed Opportunity | 44:01–50:07 | Guardian revelations, Kushner/Witkoff mishandling | | Political, Social Unrest in Iran/Iraq | 50:07–53:31 | Crackdown on protest, escalation risks | | Joe Kent Resignation / Ben Shapiro Clash | 55:02–70:32 | Anti-war right/left tensions, media dismissals, semantic debates |
This episode offers a granular, unvarnished look at the unraveling of U.S. Middle East policy. It explores not only the immediate news—the likelihood of protracted war, internal administration breakdowns, regional chaos—but also the way America debates, rationalizes, and propagandizes its wars. Both the strategic missteps and the shifting fault-lines within conservative and anti-war spaces are brought to the fore. The hosts are especially adept at exposing establishment delusions, misuses of intelligence and AI, and the genuine perils of the current approach.