41:41 shaky demeanor when he's talking but the man is doing some interesting stuff. He is! And we have a new... A new war operation, we have a new D-Day Operation Economic Outcast. Today we're launching... Listen to him! Today, today we... Who gave him some cojones? Today we're announcing this I am Scott Besant! Today we are launching Operation Economic Outcast to foreclose every other option available to the Iranian regime Treasury has mapped every node, every facilitator and every network that Iran has used to smuggle oil and evade sanctions. Beginning today the actions of Treasury and other agencies will tighten the noose and block every potential source of revenue that funds the IRGC and the evil Iranian regime
42:38 We are enforcing a zero leakage approach. There will be no minimal breathing space for the regime to rebuild its capacity to inflict terror against America and the world." You gotta wonder how corrupt this business with Iran has been throughout decades, when really all you need is just turn off the money! No one was doing that. We've had all kinds of Treasury Secretaries... I mean the dollar is, is the money that people use to buy and sell oil. How come this never happened before? It seems like a no-brainer! It does and you know what...I'm telling you it's interesting that China came out within minutes. I mean it was literally within the hour China came on and said yeah no we're not gonna stick to that We will continue our support of Iran
43:26 And then on the very same day, the CIA flies into Moscow. Listen this is scary for me to say but this type of action... Is this opening the door for a literal, true world war? No! No. No? Because we're already at D-Day We're ending the war right away Listen to the General Operation Economic Outcast That's the administration's new name for its plan To choke off Iran economically by targeting any country that does business with Tehran In the second world war, D-Day marked the historic beginning of a campaign with our allies to target and drive the enemy from its positions including those in third countries. Today in that same spirit we are launching an economic onslaught against Iran's financial connections around the globe
44:24 That's I mean, so there's no war. There's no this there's no world war it's over we have D-Day is he day d days here We're liberating were liberating the world and maybe we are Hmm. I mean this is just like There's enough oil in the Gulf and it's going through pipelines And we're bringing it through the southern route you know these guys they're just no good You know I have to say that um the but We'll clean this up. I lost complete track. Don't worry, I'll play another clip and you'll get it back? Okay there you go! Now it's not really clear what impact... we don't edit anything on the show here Matt. That's right. It's warts and all on this show okay now it's not really clear what impact
45:07 the new sanctions will have on the Iranian economy. It's been subject to years of maximum pressure, and it hasn't caused the regime to crumble yet. There are still a lot of questions about who will be targeted and when? The Treasury Secretary Scott Besant was at a press conference today laying it all out, he said that the plan is to quote tighten the noose in force zero leakage approach to cutting off revenue that funds Iran's economy and he did lay out some specific areas that would be targeted including technology, gold shipping aviation. Now he also said that Trump had called some world leaders to talk about the economic pressure but he said he wouldn't name names about who he had called and he refused to say how long the US was giving these governments to fall in line now Besant compared all of this to an economic D-Day and I asked him about that here is what he said
45:57 This is where I think Besson put in a bit of a tell. You described this as an economic D-Day, but D-Day wasn't the threat of an invasion and the U.S didn't give a timeline to Germany so why not impose the sanctions today? Why would I want to blow up the global financial system? What is he planning here, so when it's time he blows up the financial system or if he had told them this to me. Or it's going to blow it up but if we tell him first it won't blow it...I remember seeing that live and going wait a minute there's something weird about that We believe that it was important to level set
46:41 and give people a cure period, but they should know that will move very quickly and we are serious. If people do not want to meet our expectations then we expect and they should expect that they will leave the dollar system." Another big question hanging over all of this is how China might be affected? Beijing is the top purchaser of Iranian oil, it's Iran's biggest trading partner. But Trump doesn't appear at the moment to be in a mood to upend his relationship with the Chinese President Xi Jinping who is coming here to the White House for a state visit next month. Yeah see there's no coincidence in timing and this they can't just you know Xi Jinping is coming
47:22 Boy, what kind of ceremony is the president going to give to Xi Jinping? I don't know. You think they're gonna clean up the streets of San Francisco? No no that was great wasn't it yeah all the homeless were gone they were all in the bay it was fantastic now are we gonna have flyovers or Oh yeah. Fireworks, all kinds of stuff... We should do a march like they do in China. Yeah and maybe even drop a couple bombs nearby. You know just we got some tiny nukes that we've never used. You're the worst Matt! I have to make one comment on this D-Day thing That was a bloody, deadly day. A lot of families were destroyed on that day I just looked it up and we lost 2,501 Americans on D-Day in one day
48:14 and uh... the total loss that they have allied troops was over four thousand um... including three hundred ninety one canadians man those were at the canadians i'm telling you but yet it that i have a hard time him using that term d-day because yeah it'd cut it kind of connotates, I know all what it is that they say about all comparisons break down or at some point in time. When you call someone Hitler? Yeah and then now well analogies break down at some point right and this one I think broke down right away at the beginning and i think they could have used a better term than that
48:51 And I know there's probably very few people even alive today that can remember what happened on that day. There are about 18 U.S. veterans, a friend of the show Agent Orange He takes them to Normandy every single year. They're over 100 years old now, and he gets them on a— I think it used to be American Airlines? Now I think it's United. Whoever will treat him the best flies him over there and those guys sit there and they remember... And it's just beautiful, beautiful ceremony that they do their end. But even my maternal grandfather Opa Al Shobel, he landed at Normandy
49:32 And he got a bronze star, I think. He was in the signal and wire core But yeah, it was not a great time there at all. My great aunt was an administrator and hospital administrator actually in Hawaii and had left the day before the bombing Pearl Harbor right after D-Day within a couple of days she was shipped into land there and she ran the hospital