Transcript
A (0:00)
This is an iHeart podcast.
B (0:04)
This is Jim.
A (0:05)
Hello.
B (0:06)
Jim started advertising with iHeartradio way back in April, and now I have customers out the door. And this is Sarah.
C (0:13)
Hi.
B (0:13)
She started putting a portion of her marketing dollars in podcasting back in June.
A (0:17)
Business is booming. That's why I'm working on a Saturday.
B (0:21)
Want to be like Jim and Sarah? It's easy. All you have to do is own or manage a business and reach out to iHeart. Get started today at iHeart or iHeartadvertising.com.
C (0:34)
When I told people I was making a podcast about Benghazi, nine times out of ten, they called me a masochist, rolled their eyes, or just asked why Benghazi?
D (0:46)
The truth became a web of lies.
C (0:48)
From prologue projects and Pushkin Industries. This is Fiasco Benghazi.
D (0:54)
What difference at this point does it make?
C (0:57)
Listen to Fiasco Benghazi on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
A (1:06)
It's about $300 million. It's set to do many, many things, including meetings of foreign leaders, including the honoring of foreign leaders. And it's being paid for 100% by me and some friends of mine, donors to it. The government's paying absolutely nothing. You're listening to the 47 Morning Update with Ben Ferg Thursday morning. It's nice to have you with us on the 47 Morning Update. Ben Ferguson with you. And I can tell you there is one major story. Democrats lied to you yet again, claiming Donald Trump would never stand up to Vladimir Putin after their meeting in Alaska. We now know that there are major Russian sanctions and the President is returning peace through strength, showing Russia that it's time to get a deal now, or. Or you're going to be hurt economically. But first, I want to tell you about our friends over at Patriot Mobile. Every so often, something happens that reminds us just how fragile our freedoms are. We can't afford to take our rights for granted. We must draw a line in the sand. And our friends at Patriot Mobile have been doing just that for more than 12 years. The truth is, there is only one provider that boldly stands in the gap for Americans who believe freedom is worth fighting for. And that company is Patriot Mobile. Not only are they leading the red economy, they're also outpacing the competition in technology. Patriot Mobile is one of the only carriers offering premium access to all three major US Networks, giving you nationwide coverage and service that you can count on day after day. They also offer unlimited data plans, mobile hotspots, international roaming, Internet backup and so much more. And switching has never been easier. You can activate in minutes on your phone from your home or your office. And you keep your same number you've got now, keep your same phone or upgrade to a new one. And this is where the magic happens. Every month, about 5% of your bill is given back to conservative causes at no extra cost to you that stand up for our first and our Second Amendment rights, the rights of unborn children and our wounded warriors and those that have fought for our country. And wear a badge. So take a stand today. Go to patriotmobile.com ben47 or call 972-patriot and if you use the promo code BEN47, you're going to get a free month of Service. That's patriot mobile.com ben47 or 972-patriot and make the switch. Today. It's the 47 Morning Update, and it starts right now. It is very clear that President Donald Trump is a man who is on a mission to have peace through strength wherever he can and stop senseless wars. We've seen the deal that he's done in the Middle east, and we now know that he's turned towards what's happening in Russia and Ukraine. While there has been some late developments. And the US has announced new sanctions that target Russia's two largest oil companies, Rosneff and Luke Oil, including many of their subsidiaries. These sanctions mark the first time in Trump's second term that his administration has placed new sanctions on Russia over the Ukraine war. So much for Russian collusion, as the media lied to you about for years. The US treasury, through the Office of the Foreign Assets Control, explicitly said the move is meant to degrade Russia's ability to fund its war machine and hurt its economy. Because if you know what's going on in Russia, you know they're barely staying alive economically because of the oil that they're selling now. The announcement came shortly after a planned meeting between Donald Trump and Russian President Vladimir Putin was canceled, signaling escalating frustration by the White House and Donald Trump. He meant it when he said it was time for peace. Now, here are the implications and the likely effects of what the president has just done. The economic pressure on Russia is real because Russia's war is costing them a lot of money. And by targeting Russia's biggest oil companies, the US Is going after one of the major revenue resources that supports Russia's military and also is propping up its economy, which is teetering. This could force Russia to either lower the price of its oil, thus reducing revenue, or reduce production and exports. Both of those options hurt its financial stability and their ability to sustain large scale war for an extended period of time. Now there is also pressure for diplomacy in a ceasefire. The Treasury Secretary, Scott Besant, said the sanctions are meant to support peace efforts, saying, quote, now is the time to stop the killing and for an immediate ceasefire. So the sanctions are being framed partly as a lever for diplomacy, not just punishment. Russia has deep trade and energy links with major buyers. This includes India and and China, who is taking a significant amount of their oil that might not be fully impacted by the US Sanctions alone. Analysts say we'll have to wait and see. But what we do know is the sanctions depend heavily on enforcement and also on US Allies joining and coordinating in the sanction effort. If other big buyers continue business, the impact will be weaker than we need it to be. And there are possible global market side effects as well. Spikes in oil prices if Russia's supply is constrained. This is part of the reason why the President said we need to become energy independent. Going back to drill, baby, drill. The fact that this is the first new sanction in Trump's second term also suggests there may have been internal or strategic hesitations earlier on to give a chance also for there to be real conversations that deal with peace. It remains to be seen if the pressure will persist or if Donald Trump plans on ratcheting up the pressure. Which brings me to the announcement. Senator Mullen on the new Russian sanctions, speaking with Jake Tapper on cnn. This is what he had to say about the new move. Do you think that there need to.
