Donald Trump, US Military Capture Venezuelan President Nicolás Maduro
Donald Trump announced the capture and extraction of Venezuelan President Nicolás Maduro by U.S. Delta Force soldiers and a CIA team. The operation, which occurred in Caracas, resulted in Maduro being transported to the USS Iwo Jima and subsequently to New York to face drug trafficking charges. Trump declared that the United States would run Venezuela until a transition occurs, emphasizing control over the country's oil infrastructure.
nicolás maduro· donald trump· venezuela· extraction· delta force· cia· caracas
00:00 I'm blowing a dime bag of potato chips. Yeah, finally something good happens that's not on a show day. That was good! I was well-timed Mr President
00:43 And, and right after the oil baron called it. Everybody picked up on that Hey man! Trump must be listening to you guys It might be That was hilarious No this is good everyone's checking in Hey what did the boys have to say about it? I have a ton too many...I've way too many clips on this Well you do I've gotten the uh... I caught it right at the beginning Luckily, because it was... I was working on the newsletter. and could have easily have missed it, because it took... It was fast. I think this is they grabbed the guy and make a lot of explosions light up the sky No no no! They didn't grab him they captured him words matter captured kidnapped extracted is the way I saw but we'll get to that you know? I was thinking the same word I was gonna bring it up hopefully you beat me to it which is Was it an extraction? I think so
01:47 There's a lot of things to this. And the reason why I say extraction, and if you saw there was some video that I caught of him Maduro being walked down some hallway in New York and he's like hey everybody happy new year now Of course it could have been AI who knows but it looked authentic and I'm thinking He's gonna spill the goods on Smartmatic and Dominion You know, that would certainly get him a better deal. Yeah and he can prove the 2020 election was rigged. Boom! He's good to go That's what I thought would be an interesting one but the thing that really bothered me about all of this is our pre... even Marco Rubio when you've gone through your clips i have some of this stuff from The Morning Show from this morning from Stephanopoulos and Manhans Welker with Rubio
02:44 Who is good? I mean Rubio's just, he is very good when it comes to talking. He's amazingly slick! He is very slick but... Well he's another one of these a performer, he was you know a dancer. Yeah, yeah, a dancer! Yes. He's another tiny dancer The thing that bothers me is that no one ever explains the simple history And I'm going to give you a little audible, a spoken word history from like 1990. It doesn't take very long because when it comes to what this really was about and I'm pretty sure we can both agree that there's a lot of North Sea Nexus stuff that's in here. What are the British banking connections? You know what are the real drug flows all of that is going to be interesting. The smartmatic software Dominion voting machines and yes the oil
03:37 And the president just, I don't know why he'd...I mean he could do it. He could just explain how they stole our oil but instead he just says this We're going to run the country until such time as we can do a safe proper and judicious transitions. We're going to have our very large United States Oil companies The biggest anywhere in the world Go and spend billions of dollars fix the badly broken infrastructure the oil infrastructure and start making money for the country. We built Venezuela oil industry with American talent, drive and skill And the socialist regime stole it from us during those previous administrations And they stole it through force This constituted one of the largest thefts in American property in our history Absolutely true But no one explains it
04:35 Rubio doesn't explain it. Hegseth can't explain it, he's just going F around and find out! Am I right first? Yeah! Okay... We like that. They got all the ladies, oh yeah he's a tough guy! The news media won't tell you of course so let me just give it a quick brief rundown interject if you hear I said anything wrong but i think its because this goes back to 1976 but we stay in 1990 actually before it goes way back into 45 47 or something goes way back But in 1990 US oil companies Chevron ConocoPhilips and ExxonMobil, they decided we're going to invest in production... In extraction. Production of this... I mean, I've seen video of this really thick tar-like oil which is just goo man! It's classic Brent. It's goo.
05:28 Yeah, and all the stuff that comes out of the ocean typically looks like that. And it was a really big risk at the time oil prices were around 40-50 dollars they varied one year to the other but on average so Venezuela set up PDVSA and they signed the contracts with these three big companies with massive investment in the Orinoco belt and the deal was pretty simple Venezuela has 100% ownership over the oil, but we do a 60-40 split. So American companies get 60%, and Venezuela gets 40%. And then they put up the billions of dollars to set it all up. Everybody was happy! Especially in 2000, oil prices start rising. It's at $100...and then Chavez, the predecessor to Maduro, he declares the Bolivarian Revolution
06:19 And hey, everybody we're super socialist now. We're going to give you everything for free." Sound like Mondami? It's going to be fantastic is groovy 201 2001 they implemented new laws and PDVSA is now control of operations They kicked out the US management in 2002 this is the Venezuelan petroleum company The employees actually protested and went on strike that said you can't do this Companies that refused, there was only one really I think Chevron had all their assets frozen everything was taken over and then oil revenues collapsed by 75% because no one knew how to operate this stuff. Chavez broke the strike fired 18 thousand engineers and rig workers and he changed the split 70 percent for us
07:12 30% like around a little some say, a little less like 28%, but I'm 30% for the US companies. But we're also doubling the royalties so you got to pay us 30% royalties and there's a 50% tax rate on everything you make." So they were losing money! 2007 Chavez seizes all the oil assets. These companies could only file lawsuits and they went to international courts, and they eventually won after five years but they got about a billion dollars each so it was no good everyone lost their shirts on it then the PDVSA oil company becomes bloated, mismanaged, rife with corruption. Production has now fallen to less than 25%. 2013 Chavez dies in comes Maduro a literal bus driver who had worked his way through the system and because he was Chavez's handpick yeah but the guy was a bus driver so these social programs
08:08 They're not doing so well with this lower revenue, so they start printing money. Ultimately – this number over time was mind-blowing to me – 1.3 million percent inflation of the Bolivar So Maduro, of course, you know be like well I got a diversified let's get some drug money in there. Now in 2002 and so the price is bad news for Maduro because oil just went down in the tank when he came in it was like perfect a perfect storm. 2002 Exxon Mobil scores big and Guyana right next door this no one's mentioning this really
08:45 2023 Maduro says Esquibo region that's actually ours and moves troops to the border. And in 2025 just as Trump gets in he's ratcheting up the heat, He is like we're taking over this is Venezuelan territory and you know so we didn't really cover much of this But it was happening. And so, of course Trump's like no you're not gonna... You already stole the first batch you're not going to steal anymore and that's really what it is because we need it I think isn't diesel made from this stuff? Is this the kind of stuff they make diesel out of? No, you can make diesel from anything but is it cheaper to make it from this Not really It's a tough product of any special refining to work this stuff For one thing you need cracking
09:34 Cracking? Yeah, you need to crack it. Because normally with regular crude you can just run it through a... especially if it's super light, you can run it through distillate. You distill it and you get all the different cuts and the cuts are gasoline and diesel and kerosene and all of that. But it is quite a process? To get them heavy duty stuff busted up so you can distill it, you don't distill it heavy, you run it through a cracker which is a big giant catalytic, usually catalytic cracking and you run this stuff through platinum and a bunch of other things in it and it busts it up into a liquid that's a little more refinable. And that's the expensive part, not that anyone cares but that's pretty much it. So meanwhile what's been happening is
10:21 China and Russia, they're all getting oil from there. They're all making it was hilarious to see the Chinese delegation just hours before they capture Maduro. And the Chinese are like alright we're out of here! We got nothing to do with this! You know people pointed out that this was like... The Chinese always they do this constantly. They don't want to get involved in a couple hell breaks loose. No! And and they gave you a number of examples of this but the one they keep forgetting which we bring up on the show is the one in Libya where they had this whole area, they were building up these big buildings and everything. They just took off. Bye! We don't want to... And they're very non-confrontational Chinese so now I will say January 3rd this actually comes from our...I have a new contact
