Main Commentator (16:20)
I want to go back to covering some of the details of this what you just heard, starting with Venezuela and this important concept that Venezuela is providing roughly four to four and a half percent of China's total crude imports doesn't seem like a lot, but that 400 to 500,000 barrels a day factors in now when you add in Iran which has its own volume of roughly 20% in some periods of China's domestic consumption is coming from Iran and So you have 1.6 million barrels a day that can be disruptive. Now, China has a 75 day reserve buffer, and they're watching very closely because they cannot afford to destroy their economic infrastructure by collapsing. Nor does the United States want them to be destroyed. The United States wants them to be curtailed in terms of their ambition. Because to our surprise, we found out when we discovered Taiwan was so instrumental for our chip production that if we were to lose that Taiwan, we suddenly would have a rare earth crisis. Suddenly we all started talking about the rare earth minerals. Rare earth minerals, well, China's like, you know, is demonically shrewd in this. They had amassed about 80% of the processing of rare earth minerals in their own. In their own country. So that means that they have the leverage of rare earth minerals. Trump's plan is that Greenland can balance that out. That's one of the advantages. That large mass under that ice. America alone has the ability, as we did with Venezuela, to develop the latent potential of what the country has as a natural resource. So China, I want to remind you, has built artificial islands. In other words, they literally built land masses. They pushed the envelope in the ocean out there where you have this large dotted lines of ocean, and this belongs to you and this belongs to me. Well, they go right up to the dotted line and past it, and they put, they put physical islands. They, they literally build in and create military bases, dotting a chain of military bases throughout areas where they can now claim as uncontested Chinese territory. Because they have land there, you see, you can't get it physically. You create it. When we found out that they were dominating the global earth market with 80% production and using it as leverage in trade wars. And then we started looking at this when Covid hit supply chain issues as to how to collapse the American economy, because it's a very fragile interdependent infrastructure of all these processes that rely on each other, from petroleum to the creation of the rubber tire, to the manufacturing to the distribution in order for the truck, and that's just one component of trucking. Then you got the fuel itself. So the whole dependence of the electric vehicle industry, for instance, and our other higher technologies are dependent upon the curation and cultivation of those rare earth assets. China controls them. Trump is aware of the threat. He's aware of the threat in the sea lanes and in. And if Russia was to ever attack, we don't have the early detection base sufficiently developed to create a shield over the United States unless we have land such as Greenland provides along with the mineral assets. Now what happens when we talk about Greenland is right away you have a whole lot of folks that. Whose hair is on fire over. There's 50,000 people that live there on that huge landmass. China and Russia already encircling, and Denmark is its protector. Denmark can't field an army, so Denmark can't even invest in Greenland. But they have that relationship. What Trump is saying is, we've been providing protection for you this whole time. I think there's a biblical story, and I think it's with a character. I'm going to have to look it up. We'll do. We'll get a Bible lesson in here named Nabal, who David was protecting his flocks and his herds and his assets and his resources. And then one day he just asked for some assistance or some food or something for his men, and he was. He was, like, abused. His men were abused by this character. And so David took him out and he said, you know, I've been your protection this whole time. I'm the reason why you're you. You don't have anyone else marauding on your landscape. And so David goes ahead and takes that land. It's interesting Old Testament story. And, and, and the wife of Nabal, actually, who appealed to David on behalf of her husband, who was so. Who was so crude, David, actually, she ends up becoming part of David's household. It's an interesting story. Old Testament times, folks. All kinds of interesting things happen. But what I want to tell you is that where Russia has been militarizing the Arctic with bases and with submarines, the United States has got to have surveillance and the ability to mount unrestricted expansion of radar and missile defenses, because these cats are militarized nations. They don't have a Supreme Court that can block them or a Congress that can restrain them. Nobody's telling Putin what to do. He's running a mafia state over there. We understand that. But if you want free market capitalism and a global economy, then in order to have to do that, you have to have energy independence. You have to have your own supply chains. You have to be able to protect your own and hemispheric interest. Zinc, iron ore, uranium, and potentially vast reserves of additional oil and gas are under sheets of ice that will not be cultivated by Greenland. It's 50,000 people. So Trump is looking at this and saying, listen, it's not unlike what was in 1867 where Seward, who was part of Lincoln's cabinet, negotiated the Alaska Purchase. They called it Seward's Folly at the time, only to be Seward's genius about 50 years later when they realized the vast resources that Alaska gave. So Alaska was an addition to America. That was a historic negotiation. So it's not like we don't have a history of large acquisitions of land. Same thing was done by the Louisiana Purchase, which was such a brilliant decision that Jefferson was advocating for because Napoleon needed money. And so the whole area of Louisiana and that territory was purchased by the Founders and of course became part of the strategic infrastructure of the United States, the Puerto Rico and the Virgin Islands. By the way, Virgin Islands was bought from Denmark in 1917 and it became part of the US system, which offers citizenship and economic opportunities and investment into Puerto Rico, into the Virgin Islands. And it would strengthen NATO considerably because NATO's always needing us to bail them out. Well, where it comes to Greenland, we become invested. Now the people in Greenland are going to have a greater economy. The 50,000 people are there. Not to mention they don't even have an embassy outside their country. They can't afford it. Denmark doesn't do it. The United States will be able to put embassies around the world and represent the economic and vital interests of the Greenland territory. So our interest in Greenland dates all the way back to World War II. So it's not like we've never been there. We've been engaged and we've been the protector of it. Like I said, like David, with other people's flocks. And America's done that, but we've done it to our own detriment. Previous administrations didn't look at taking care of American interests. They sold out the American worker manufacturing, they made their money in the markets in Wall street and they gave away in order to create wealth, they gave away wealth opportunities to China and now we're coming back to have to deal with it in the United States. But I want you to understand all of this is a, is a unique byproduct of what Trump has done. Matter of fact, I was thinking about the verse that I came with. You know, a historic figure like Trump doesn't come about by accident. The God of Providence is intervening and it intervenes during America's fourth turnings. It's happened in our revolutionary conception, happened in our civil war, it happened in World War II. Roughly every 70 or 80 years we go through a self destructive suicidal Crisis. World War II being the only exception. Unless you think the Great Depression was self inflicted, which many people do. But the. But what I want you to see is that God has intervened. Isaiah 45. If you guys have that verse, thus says the Lord to his anointed to Cyrus, whose right hand I have held to subdue nations before him, I will loose the loins of kings, the translation being the belts of kings, to open before him the two lead gates and the gates shall not be shut. I will go before you, I will make crooked things straight, I will break in pieces gates of brass and cut in sunder the bars of iron. And I'm going to give to you the treasures of darkness and the hidden riches of secret places, the hidden riches of the oil beneath the ground uncultivated by Venezuela since their Marxist socialists went from the potential of 4 billion, 4 million barrels a day down to one because they can't manage it. And that's what happens. Socialism doesn't deliver. So the point that I want you to catch is when I read this verse, I said in 2016 As I prayed, donald Trump is a modern day Cyrus. Now Huckabee was running at that time and Ted Cruz was running at that time. I don't have to repeat the story. We had all squeaky clean Mike Pence type evangelicals running. And one, shall we say heathen from Queens that God put his hand on, as God always does, picks the unlikely Samson to be the deliverer of the from the Philistines. And Trump showed up. But here's the verse I want you to catch. He's undoing the belts of his adversaries. And it just occurred to me today, the adversary of America is the dragon China. And Trump is undoing the one belt road during his administration and pushing it back so that it can emerge during this window of time. We'll be right back.