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Folks. So as you can tell, this is not a normal broadcast, but then again, it wasn't a normal day in American history. The United States, under the leadership of President Donald Trump, has just deposed Nicholas Maduro, the dictator of Venezuela. So first, the fact According to the Wall Street Journal, in the early hours of Saturday morning, explosions rang out in the Venezuelan capital of Caracas. By the time the sun rose in Caracas, Maduro's nearly 13 year grip on power had ended. In handcuffs, blindfolded, wearing a gray sweatsuit, he was on a US Warship on his way to New York City to face narco terrorism charges following a five hour operation. It was a very complex operation. It had been planned, apparently for months. According to the Wall Street Journal, Trump concluded that Maduro, indicted in the United States in 2020, needed to face justice and that his supporters would still back his decision. According to administration officials, President Trump demanded that all of this be held closely in order to achieve the element of surprise. Again. This would make the second massive foreign policy decision that is essentially an in and out operation from the Trump administration, changing the nature of geopolitics on an extraordinary scale. Which we'll get to in a minute. Apparently the United States had everything ready by late December, but President Trump was hoping that Maduro would just relinquish power on his own. And then when that didn't happen, the then the US Got ready. So apparently the US Tried several times to launch an extraction mission, including on Christmas and on New Year's Day, but weather prevented all of that. At 10:46pm on Friday, Operation Absolute Resolve became a go. In a makeshift secure facility at Mar a Lago, According to the Wall Street Journal, President Trump watched one of the greatest gambles of his two presidencies unfold. Flanked by top aids, Trump received blow by blow updates as 150 warplanes flew from 20 locations throughout the Western Hemisphere to reach the Venezuelan Capital before troops pushed their way into Nicolas Maduro's bedroom, his team monitored the social media site X on a large screen for any mentions of the word Venezuela to see whether people had picked up on what was going on. After 1:30am local time in Caracas, residents say they began to hear planes overhead and bombing began. Apparently there were blasts in the capital. The United States sends overwhelming air power for the operation. F18, F22, F35s, EA18 Growler electronic warfare planes, E2 Hawkeye command and control aircraft, B1 bombers that can carry 24 cruise missiles each and remotely piloted drones. Again, the United States, we here in the United States are privileged to have the greatest military in literally the history of the world. It's an extraordinary mission. No American casualties, essentially arresting and extraditing the head of a foreign state. But as we'll talk about, he wasn't the legal head of a foreign state because of course he was holding his power in spite of elections that he lost. The helicopters which carried an extraction force and law enforcement officers at some points were flying 100ft above the water during the flights into Venezuela. One US aircraft was hit during the operation, but remained flyable throughout the mission. By the way, gigantic failure for the Russians, as we'll discuss in a moment. The Russian government has been the leading tip of the security force for Nicolas Maduro and the Venezuelan regime for years. At 2:01am local time, a U.S. special Forces team arrived at Maduro's compound, according to Gen. Raisin Cain. As they approached, U.S. helicopters came under fire. American forces responded with overwhelming force and self defense, according to Kane. And then when US Special forces arrived inside the compound, they exchanged gunfire with Venezuelan personnel. According to President Trump, Maduro and his wife attempted to flee into a steel reinforced safe room, but they were unable to close the door in time. They gave up and they were taken into custody, but by the Justice Department. So that is the way that all of this went. By 3:29am local time, when everybody woke up on the east coast, it had already been over for three hours. Maduro and First Lady Chilia Flores were aboard US aircraft on their way out of Venezuela. And President Trump posted a photo of Maduro on the USS Iwo Jima after his capture wearing dark sunglasses, what appeared to be handcuffs and a Nike sweatsuit. They were then flown to New York. They faced federal charges in the Southern District of of New York. So unclear what exactly happens next at this point. And that of course is the big question, what's going to happen next? President Trump said the United States is going to, quote, run Venezuela until there can be a safe, proper and judicious transition. He said, quote, we are going to run the country. Now, what exactly does that mean? Unclear. Unclear at best, because the reality is that President Trump has said that he does not have plans, for example, to hand over control of the government to Maria Cordilla Machado, who is the Venezuelan opposition leader, or to the person who won the last Venezuelan election. And that is important because it helps explain what exactly the plan is. What exactly is going on here? First, we should start for folks who have not been watching this conflict for a long time, with who is Nicolas Maduro? So Maduro was the person who took over for Hugo Chavez. Hugo Chavez was a socialist dictator who took control of the government in 1999. He proceeded to run the Venezuelan economy, one of the most oil rich economies on planet Earth, directly into the ground. Like directly into the ground. When Hugo Chavez took over Venezuela, the GDP per capita in 1999 was something like $4,000 per year. Today it is under $3,000 per capita. The GDP per capita, okay, so it is 25% now below where it was in 1999. That's with all the inflation. That's with. That's with everything. That's with a quarter century of non development. Why? Well, they nationalized the oil industry and then proceeded to run everything directly into the ground. When Chavez took over, oil production was about 3.2 million barrels of oil per day. That's because American Western companies were involved in that oil production. Today, that number is about 850,000 barrels of oil per day. So that means that the production cut by fully 75%. Massive hyperinflation had characterized the Venezuelan economy for years. There's a point at which Venezuela's economy was running hundreds of percentage points of inflation every single year. Between 2013 and 2021, Maduro took over. In 2013, when Chavez died, the GDP per capita in Venezuela dropped beyond that. It dropped by 75% in the eight years immediately following Maduro taking over to just $1,500. GDP per capita. It's an annual figure. That's how poor the country is. People were relegated to eating animals off the street. Maduro is responsible for mass death in his country. He's responsible for tens of thousands in all likelihood of extrajudicial executions. According to the US UN High Commissioner for Human Rights, which typically is pretty friendly to terrible dictatorships all over the world, his forces are responsible for the death of hundreds of people in security crackdowns, protests and all the rest and health and hunger crises may have cost hundreds of thousands of lives over the course of Maduro and Chavez combined. As far as how Maduro navigated geopolitics, very close allies, of course, with the Castro regime and what came after it. Cuba, very close with the Russian regime of Vladimir Putin. Russia was supposed to be providing Venezuela's advanced defense systems, including S300 VM and Buka M2 missiles, all of which apparently failed. The United States just ran right over them in the same way as we saw the Russian weaponry fail in Iran during the 12 Day War in the Middle East. Well, the same thing sort of happened here. China, of course, has been a gigantic state of support for Venezuela. They loan Venezuela some $50 billion repaid in crude. 70% of all Venezuelan exports in oil went to China. Iran, of course, very close with Venezuela as well. Iran has been sending certain chemicals to Venezuela for years to help process its heavy crude. Iran, of course, has been setting up terror centers apparently in Venezuela as well, and manufacturing suicide drones. So this brings us to what happens next. Now, again, the Trump administration statements thus far have been less than clear. They said they're not handing it over to the opposition.
