Loading summary
Comcast Representative
Comcast is delivering extraordinary experiences in live sports through the incredible broadcast and storytelling from NBC, innovative and personalized viewing features on Xfinity and Peacock, and the country's most reliable WI Fi. Viewers can enjoy every game changing play faster and more seamlessly than ever, all in a network built to deliver unforgettable moments as close to live as possible. The ultimate experience for the American sports fan. Learn more at comcastcorporation.com sports Ryan Reynolds
Mint Mobile Spokesperson
here from Mint Mobile with a message for everyone Paying Big Wireless Way Too much. Please, for the love of everything good in this world, stop with Mint. You can get premium wireless for just $15 a month. Of course, if you enjoy overpaying, no judgments. But that's weird. Okay, one judgment anyway. Give it a try@mintmobile.com Switch upfront payment
Wayfair Representative
of $45 for 3 month plan equivalent to $15 per month required intro rate first 3 months only, then full price plan options available, taxes and fees extra. See full terms@mintmobile.com Some follow the noise.
Political Commentator
Bloomberg Follows the money Whether it's the funds fueling AI or crypto's trillion dollar swings, there's a money side to every story. Get the money side of the story. Subscribe now@bloomberg.com
Shopify Representative
you didn't start a business just to keep the lights on. You're here to sell more today than yesterday. You're here to win. Lucky for you, Shopify built the best converting checkout on the planet. Like the just1t shopping. Ridiculously fast acting sky high sales stacking champion at checkouts. That's the good stuff right there. So if your business is in it to win it, win with Shopify. Start your free trial today@shopify.com win hey there.
Wayfair Representative
It's Wayfair here where delivery and setup are as easy as a few taps on your phone. You're relaxing in an old hammock, scrolling Wayfair's app when you spot it. A brand new patio set. Next thing you know, Wayfair delivers it right to your patio and sets it up. Oh, you need a new grill too. All right, Wayfair's got you covered with Wayfair's room of choice delivery and fast expert setup on qualifying orders, life gets a little easier. Visit Wayfair.com or the Wayfair app.
Political Commentator
Wayfair Every style, Every home. This is a breaking news alert. The United States military just conducted strikes in Iran. The strikes were conducted in the port of Kashm at Bandar Abbas and in Manob. Centcom is confirming state regime media which calls itself Fox is confirming state regime media, which calls itself CBS is confirming. We're also hearing from the Iranian Revolutionary Guard Corps Navy. They're confirming that strikes took place by the United States and Iran is saying that they responded with strikes at two Navy destroyers which Iran says is now leaving the area after trying to come into the Strait of Hormuz. We are also hearing from various other Iranian news sources talking about retaliation now being expanded expected from Iran. Let's just go through some of the facts folks about what's taking place. So first we got the news from state regime media. Fox saying the United States military just carried out strikes on Iran's Keshe import and band or Abbas. Senior US officials were telling Fox. Then CENTCOM posted the Following CENTCOM protects U.S. warships transiting the Strait of Hormuz. U.S. forces intercepted unprovoked Iranian attacks and responded with self defense strikes as US Navy guided missile destroyers transited the Strait of Hormuz to the Gulf of Oman on May 7. Iranian forces launched multiple missiles, drones and small boats at the USS Truxton, the USS Rafael Peralta and the USS Mason transiting this international sea passage. No US assets were struck according to centcom. Iran seems to suggest that some US assets were indeed struck. CENTCOM eliminated inbound threats according to centcom and targeted Iranian military facilities responsible for attacking US forces, including missile and drone launch sites, command and control locations and intelligence surveillance and reconnaissance nose. CENTCOM does not seek escalation but remains positioned and ready to protect American forces and that's what was stated by the Trump regime after these strikes. We just hit Iran but we're not restarting the war. We don't want escalation. Iran, let's take a look at what Iran is saying just went down. The Iranian Navy says the following to their regime media following the violation of the ceasefire and the aggression by the terrorist US military against an Iranian oil tanker near the port of Josque and the approach of warships belonging to the terrorist US military toward the Strait of Hormuz, a very large scale and precise combined operation was carried out. Various types of anti ship ballistic and cruise missiles along with kamikaze drones equipped with high explosive explosive warheads were launched towards enemy destroyers those US naval ships. Intelligence monitoring indicates significant damage to the American enemy and three invading enemy warships quickly fled the Strait of Hormuz area. Now Iran's Katam Al Nbiya central headquarters spokesperson said the following the aggressive terrorist and pirate US military violated the cease fire by targeting this Iranian oil tanker traveling from Iran's coastal Waters near the Jos toward the Strait of Hormuz. A very similar message. So what seems like what went down is 3, 2 to 3 US destroyers went into the Strait of Hormuz. Then the Iranian navy saw these US Destroyers heading into the Strait of Hormuz open fire on the destroyers. The destroyers returned fire. Then there were strikes by the US on the Kesham port as well as in the Bonder Abbas area and in the Manob area. We know Minab as well because that's where the Trump regime massacred the little schoolgirls at the beginning of the war. And then there was a open hostilities that took place here. According to Iran, the US Navy destroyers then exited the Strait of Hormuz. Once they came under attack, Iran claims they caused damage. The US Says no damage was done to those destroyed destroyers. Here's how state regime is now talking about it. As Fox, a senior US Official tells me it was a US Military strike on Iran's Kashim port and Bandar Abbas moments ago, but added, this is not a restarting of the war or an end to the ceasefire. Okay? The strike on one of Iran's oil ports comes two days after Iran fired 15 ballistic and cruise missiles at the UAE Fujairah port, eliciting anger from Gulf countries after top Pentagon leaders said Tuesday that the Iranian strikes did not rise to the level of breaking the cease fire, calling it low level attacks that didn't rise to the level. Pause. You see what's happening. Donald Trump announces Project Freedom. He says he's going to send destroyers into the Strait of Hormuz to escort tankers and cargo ships out. Trump tries to do that earlier in the week. Iran stops them. Iran strikes a UAE vessel, a South Korean vessel, as well as the Fujairah port. Trump says Project Freedom is done. And we don't believe this is a violation of the ceasefire. American markets start to do well on that news. Oil starts to drop. Saudi Arabia and UAE and Kuwait and others get and say, okay, you're not gonna do anything. Iran just started shooting at your destroyers and Iran just attacked the UAE port. You gotta do something. Okay, Donald, we're going to block you from accessing United States air bases or air bases under joint control or our airspace in all these countries. That became a massive headline. Looked like made Donald Trump look so, so weak that he was now being blocked from these Middle east air bases. So then I think Donald Trump's like, all right, all right, all right, I'll send the destroyer, we'll do it again. I'll send the destroyers in and in retaliation for Iran striking the Fujairah report will attack Kesham and we'll attack Bandar Abbas and Manob. Then could we have access to your air bases again? Because we learned right before these US Airstrikes took place that Saudi Arabia and Kuwait said, okay, we'll give you access back to the air bases and the airspace. And it was like, well, did they cut a deal? This seems to be the deal that was cut right here. It goes on to say a senior US Official confirms that they're reporting that the Saudis and Kuwaitis reverse course on blocking Trump from their air bases in airspace because Donald Trump basically just did this. Then Fox confirms that senior U.S. officials are confirming that the U.S. military struck the Bondar cargo naval checkpoint in Manob. In response, Iran's top joint military command says Iran will respond decisively and immediately after US Breach the the ceasefire by attacking an Iranian oil tanker near Josque and opposite Fujairah while launching air assaults on civilian areas in Bonder, Khmer, Syrique and Kashmir island in cooperation with some regional countries. That is UAE overtly Saudi Arabia covertly and Iran's Navy command confirms the same. Now, it may seem like a year ago, but it was only 48 hours ago that Axios, Barack Ravid, who in my opinion serves as Donald Trump's personal stenographer, wrote scoop, the White House believes it's getting close to an agreement with Iran on a one page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations. That didn't happen. Then Iranian broadcast called out Ravid and said Axios reported five times in 19 days that a deal with Iran was imminent. Five times and no deal materialized. It appears that reporter Barack Ravid, along with friends in the US Government may be profiting from market volatility. To which Barack Ravid, who's apparently very saw Perry very soft as well goes, this is a lie. Oxyos didn't report even once over the last three weeks that a deal was, quote, imminent. The Iranian regime at state TV and its bots and influence accounts on social media are pushing this lie. It's regime propaganda. Don't fall for it or amplify it.
Political Analyst
Hmm.
Political Commentator
I kind of know your post though, man. We've kind of seen you posted there's a deal. Maybe you didn't use the word imminent, but about to happen, very close, imminently used a lot of words like that in my opinion. And then over the past 24 hours, Donald Trump brought in those UFC fighters he's like, oh, Iran wants to do a deal so badly. Here, play this clip right now. In Iran that has refused to submit, you team optimistic now, push through a deal. What's different about this moment now than other moments where a deal has seemed close?
Political Analyst
Well, why do you say they refuse to submit? You don't know that. You don't know what's going on behind us.
Political Commentator
A few days ago.
Political Analyst
And a few days ago is a long time ago in the world of war. A few days ago. No, they want to make a deal badly. And we'll see if we get there. If we get there, they can't have nuclear weapons. You know, it's very simple. But what's not to submit? So they had a Navy with 159 ships and now every ship is blown to pieces and lying at the bottom of the water. They had an air force, lots of planes, and they don't have any planes. They don't have any anti aircraft. They don't have any radar left. Their missiles are mostly decimated. They have Some, they're probably 18, 19%, but not a lot by comparison to what they had. And their leaders are all dead. So I think we won. Now it's only a question of, look, if we left right now, Iran, it would take them 20 years to rebuild. You would call that we're in good shape, right? Fantastic. We're in good shape and now we're doing well. Now we have to get what we have to get. If we don't do that, we'll have to go a big step further. But with that being said, they want to make a deal. We've had very good talks over the last 24 hours and it's very possible that we'll make a deal. Yeah.
Political Commentator
And he continued to reiterate that message.
Political Analyst
Play this clip A challenge of blockade. And I think it's working out very well. We're going to see. I can say this. Iran wants to make a deal. What I don't like about Iran is they'll talk to me with such great respect. And then they'll go on television, they'll say, we did not speak to the president. We did not. I just spoke to. We did not speak to the president. So they play games, but let me just tell you, they want to make a deal. And who wouldn't, when your military is totally gone? We could do anything we want to them.
Political Commentator
And now let me show you University of Chicago Professor John Mearshmeyer. Here's what he says, and I think he's spot on in this analysis. Let's play it.
University of Chicago Professor John Mearsheimer
We have got to find an additional way to the blockade to bring the Iranians to their knees. You know, the blockade alone is just not going to do it. So again, yesterday we tried to force the straits. That didn't work. And maybe we'll try a bombing campaign again and that will backfire big time, just as yesterday's events backfired big time. So there is no solution here with military force. What you're going to have to do is work out a deal with the Iranians. And we of course, can't bring ourselves to do that because the Iranians have won. They've won a victory here. And if we sit down and negotiate a deal, it will become manifestly clear to anybody with a triple digit IQ that the Iranians won because Trump will be forced to make huge concessions in negotiating that deal.
Political Commentator
There you have it, folks. Let me know what you think. We'll keep you posted every step of the way. Hit subscribe let's get to 7 million subscribers. Thanks everybody for watching. Want to stay plugged in? Become a subscriber to our substack@midasplus.com you'll get daily recaps from Ron Filipowski, ad free episodes of our podcast and more exclusive content only available at Midas.
Alex Goldmark
Hi, this is Alex Goldmark from NPR's Planet Money. We're really excited for you to listen to the Planet Money audiobook. It's a smart, fun guide to how economics affects every facet of your life, written and read by the hosts of the podcast. Come explore the hidden world of economics. The Planet Money audiobook is out now on Spotify or wherever audiobooks are sold.
Vanta Representative
Security program on spreadsheets, new regulations piling up and audit dread. It's time for Vanta. Vanta automates security and compliance, brings evidence into one place and cuts audit prep by 82%. Less manual work, clearer visibility, faster deals, zero chaos. Call it compliance or call it compliance.
Comcast Representative
Get it.
Vanta Representative
Join the 15,000 companies using Vanta to prove trust. Go to vanta.com calm.
The MeidasTouch Podcast
Episode: Trump Strikes Iran Ports and then Begs for Ceasefire
Date: May 7, 2026
This episode, hosted by the Meiselas brothers, dives into breaking news: recent U.S. military strikes on Iranian ports under the Trump administration and the subsequent escalation and diplomatic fallout. The brothers critically analyze the sequence of events, the information coming from both U.S. and Iranian sources, and the political calculations behind President Trump's actions and messaging. They sprinkle their analysis with characteristic banter and pointed commentary about the state of American democracy and global diplomacy under Trump.
[02:14-09:45]
[06:40-10:15]
[10:15-11:03]
[11:03-13:19]
[13:19-14:22]
Throughout the episode, the Meiselas brothers use a blend of sharp political analysis and irreverent humor to critique President Trump’s contradictory tactics in the Persian Gulf. They highlight the confusing and often conflicting public statements between U.S. and Iranian officials, mock the President's tendency to mix aggression with desperation for a diplomatic exit, and question the underlying strategy, or lack thereof, behind the administration’s actions. The show’s tone is direct, skeptical, and unflinchingly critical of Trump’s handling of foreign policy, emphasizing the dangers of performative strength without strategic clarity.
For those who missed the episode, this breakdown offers a comprehensive yet lively snapshot of the key facts, arguments, and drama at play in the ongoing U.S.-Iran conflict and its global reverberations.