Trump Rejects Iran Proposal — Full Breakdown & Transcript

[00:00] Hey everyone, Lee Kevin here. So by now you've probably already heard that Donald Trump has rejected the Iranian proposal to open the Strait of Hormuz within the next seven days.

[00:12] The idea was, hey, you give us our billions of dollars in pension money, remove that naval blockade, and lift some of these import restrictions, like what we've got going on with airports around the region,

[00:25] to where we can't get any kind of imports or exports either from airports, either trucking, or frankly, from the train for moon, we stop watching even our money back, and you lift somebody's oil sanctions for those three things,

[00:37] then, you know, we can open up the train for moon, we'll stop watching MLRS's, or the table mines, and, you know, maybe we can all have an agreement here, and start talking about nuclear weapons later.

[00:49] Donald Trump apparently has just moments ago rejected that idea. A lot of folks are wondering, Kevin, what's your take on this? And obviously your role is going to be what happens.

[01:01] My opinion is, it's 6 p.m. in California and 9 p.m. on the East Coast. It's no surprise that Donald Trump waited for Friday night to announce that he's rejecting a proposal

[01:14] he's filed on his desk for the last two or three days. Remember, we only heard about it two days ago because it was leaked. But, what we have now, given that that proposal is likely already circulating, is Donald Trump

[01:29] basically creating some chaos over the weekend so he can try to negotiate and show everybody that on Monday when he and well mostly the U delegation the Argonauts, the foreign minister,

[01:43] that we're ready to let it rip. Let all the bombs blow. We'll let the bombs go flying again. This is Donald Trump's message to negotiate. It's true chaos. We already know that.

[01:55] It is possible that Monday's not going to be a free day for oil markets, interest rates, stock price. Given that, unless people aren't paying attention to this, the United Nations final day for the General Assembly is on Monday.

[02:11] We have a planned in-person meeting on Monday. And to mess up, there's potentially some recording news, maybe some later in the day news, or maybe some Tuesday news.

[02:23] But either way, I maintain whether it's near term, between the next 280 here over the weekend or next week. My opinion is there has to be some form of a deal before the election.

[02:38] Because if there's not, all that's wrong. The United States can't sustain, in my opinion, the levels of time field where they sit right now without some form of black swan crisis, which we talked about earlier.

[02:51] Remember that 16 out of the last 15 times, views have risen at this pace, we've seen something go kaput. Sometimes it's as small as Silicon Valley Bank going kaput.

[03:05] Sometimes it as big as a Black Monday stock margin crash of 1987 March Wednesday this morning we went through the research on that The stock fell mad about the 16 out of 15 times

[03:18] We can go moving this rapidly. Something goes broke. Donald Trump perfectly. Okay. For the market to close on this. Yeah. Does that mean I'm holding my breath here? What other details do you have? No, obviously I'm not holding my breath. I can't hold my breath until the election.

[03:31] But I will say this. The details that have come out on this are that Donald Trump is open to resuming strikes after the election. Shows you again how important this is for the election, A.

[03:43] B, the reason he's rejecting this is because he's concerned that Iran is not going to follow through with Donald Trump's demands. That detail is particularly important because it does suggest that there is a clear active negotiation going on.

[04:00] In my opinion, and you're reading those photographs here, it sounds like we're close. There's just a few extra things that have to be ironed out. I'm hopeful. I'm hopeful for a broader economy.

[04:12] I'm hopeful for this to be over. And I want in a year from now, ironically, in like six months from now, I don't want anybody to argue about a law and say this is annoying. You know, the only thing I want to hear out of a law is, you know, people are not done

[04:25] and their GDP is growing in our economy. That's it. That's the bottom line. So I don't think in the 21st century that's too much to ask for that kind of reason. So at the same time as we got those details from Donald we also have a detail that the Walter Journal is reporting There is now an open debate in Iran around whether or not we should actually go for nuclear weapons or not

[04:51] and that there seems to be a softening on the stance, which the 2004 Thoughts on Problems of the Extreme Reader has already indicated. We want to have nuclear weapons. We'll just have a really good enrichment program. We'll just have to have highly enriched uranium. But now we're seeing, you know, becoming a lot more transparent. We're at least 33% of the time.

[05:08] And maybe we do give up this intention to try to go all the way with nuclear weapons, but we do go all over and go right back to weapons inspection. Just like the deal with Obama with the deal with the DOA.

[05:20] Now obviously that deal would expire by now. Theoretically it would be some form of negotiated renewal of that. To some extent that's probably what is going on now. We'll end up having some form of deal with the DOA 2.0 if you will.

[05:32] That's my take on this. It does mean that near term Monday could be an interesting day. After all, Taco Tuesday isn't until Tuesday. That's it. I actually think this is totally normal.

[05:44] And we should know this much. This is Donald Trump's cannot-hear-e strategy. It's a part of the deal nonsense. Make it seem like you're willing to walk away, go nuclear. When the reality is we read between lines.

[05:56] And honestly, it's changed in Biden's life in the reporting. Donald Trump wants to save munitions for other consequences. Really? That's what's being reported now by people familiar with the matter? They're basically just telling you, like, hey, he doesn't actually really want to bomb them, but he's saying he will.

[06:12] Uh, so, it's all a bunch of baloney. Just enjoy your Friday evening, enjoy the weekend, don't worry about it, and I'll see you next month.