Thursday Afternoon Breaking News Updates with Ben - 6/4/26

4 Jun 2026 · 1 h 9 min · 24 chapters

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In short

Breaking news commentary on escalating U.S.-Iran tensions, Russia-Iran nuclear cooperation, NATO/Europe missile policy, and broader U.S. domestic economic/political issues.

Guest backgrounds

No named guests. Host Ben Mycelis delivers the segment.

Key claims

  • Iran and Russia signed a $25B nuclear-sector memorandum; Russia frames uranium as potentially usable for peaceful power under IAEA control, implying continued leverage.
  • The U.S. may cancel Tomahawk missile plans to Germany due to fear of Russian escalation; Ben argues Russia isn’t “afraid” of the U.S.
  • Putin and other leaders allegedly mock Trump’s perceived weakness; allies are said to be rethinking reliance on the U.S.
  • Ben claims Israel’s actions in Lebanon are tied to preventing the Iran-related MOU, and that Iran’s core demands (Hezbollah security guarantees, Strait of Hormuz control, ballistic missiles/drones) are non-negotiable.
  • U.S. State Department issues a Middle East security alert; IRGC forces allegedly placed on full combat alert; Iranian oil tankers reportedly breached a Strait of Hormuz blockade.

Notable examples

  • Alleged U.S. delegation to Russia during the St. Petersburg economic forum; discussion of a Bering Strait tunnel MOU.
  • Ted Lieu cross-examining Marco Rubio about Trump allegedly falling asleep during meetings.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

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Iran-Russia Nuclear Cooperation

0:20 to 0:51

Discussion on Iran and Russia's new nuclear deal and its implications.

“And we'll meet you there, exactly where you are.”

Iran-Russia Nuclear Cooperation

2:06 to 4:24

Discussion on Iran and Russia's new nuclear deal and its implications.

“Earlier today, Iran and Russia announced that they were signing a$25 billion memorandum of understanding for cooperation in the nuclear sector.”

US Military Aid and Global Perception

4:28 to 6:20

Analysis of the US's military decisions and their impact on global alliances.

“Let's turn the page and let's look what happens.”

Putin's Mockery of Trump and International Relations

6:23 to 8:12

Examination of Putin's statements about Trump and perceptions of US leadership.

“The people of Iran have shown cohesion and their will to fight.”

Middle East Tensions and Iran's Position

8:14 to 13:18

Discussion on the complexity of Middle East relations and Iran's strategy.

“But we thought the grand bargain here is we've got money.”

Iran's Security Calculus and the Strait of Hormuz

14:00 to 16:30

Discussing Iran's unwavering security stance and control over strategic regions.

“Netanyahu should have said to Trump, Mr.”

Netanyahu's Strategy and Regional Dynamics

16:30 to 19:49

Exploring Netanyahu's maneuvers in Lebanon and his relationship with Trump and Iran.

“Perhaps the money reparations, that number seems to have changed, which is where I thought there would be flexibility.”

The Russia-Iran Deal and US Responses

19:50 to 24:11

Analyzing the implications of Russia's deal with Iran amidst US foreign policy actions.

“in Iran's mind between Lebanon and Iran.”

Domestic Challenges and Economic Concerns

24:12 to 28:03

Addressing job losses and inflation issues in the US while critiquing Trump's focus.

“And then also to ink a MOU, a memorandum of understanding, to build tunnels under the Bering Strait connecting Russia with Alaska.”

Economic Challenges Ahead

28:03 to 40:28

Discussion on job losses, inflation, and the economy's struggles post-COVID.

“In May, the most jobs cut job losses since 2020.”
Show all 24 chapters

Economic Challenges Ahead

40:34 to 40:56

Discussion on job losses, inflation, and the economy's struggles post-COVID.

“Life insurance is never cheaper than it is today.”

Economic Challenges Ahead

42:39 to 43:50

Discussion on job losses, inflation, and the economy's struggles post-COVID.

“Let me tell you, if there's a surefire way to wake up feeling fresh after drinks with friends, it's with pre-alcohol.”

Escalating Tensions in the Middle East

44:18 to 46:24

Discussion on the U.S. security alert and the current Iranian situation.

“State Department has just issued a security alert for all Middle East countries, warning of potential hostilities and instructing U.S.”

Reflections on U.S. Foreign Policy

46:24 to 48:29

Analyzing the impact of the Trump administration on U.S. relations with Iran.

“He promised he would have his own proxy there, that he would be able to get all the nuclear dust out of Iran.”

Critique of Trump's Energy Policies

48:29 to 52:46

Examination of Trump's energy strategies and their environmental impact.

“When I don't get, I haven't gotten a lot of sleep.”

Concerns Over Political Messaging

52:46 to 56:08

Discussion on political messaging related to genetically modified organisms and public perception.

“And people could die because us Republicans saw the word trans, and then they say, we're eliminating that because we don't like the word trans.”

Concerns About Athlete's Remarks

56:08 to 56:41

Discussion on a quarterback's joking comment about women's sports.

“Jackson was the quarterback is the quarterback for the Giants.”

Cross-Examining Political Behavior

56:41 to 57:20

Examining accountability in political figures and behaviors displayed.

“I don't want to use that as a way for him to, for us not to hold him accountable for his horrible behavior.”

Marco Rubio's Testimony

57:20 to 59:44

Highlighting Marco Rubio's responses during a Congressional hearing.

“I think we have two clips of this, Jeremy.”

Donald Trump's Health and Perception

59:44 to 1:01:20

Exploring the implications of Trump falling asleep during important meetings.

“And the things you're showing me now, he was not falling asleep.”

Inconsistencies in Trump's Statements

1:01:20 to 1:02:30

Analyzing Trump's contradictory statements regarding military matters.

“Because mistakes have been made in wars where you wipe out everybody and then you have a country that for 40 years can never rebuild.”

Midterm Elections and Accountability

1:02:30 to 1:04:08

Discussing the importance of accountability in the upcoming midterm elections.

“And I'll leave you with this one right over here.”

Closing Thoughts and Show Updates

1:04:08 to 1:06:36

Wrapping up with final thoughts and updates on the show's schedule.

“that to me is what I look for above and beyond anything.”

Closing Thoughts and Show Updates

1:06:39 to 1:08:39

Wrapping up with final thoughts and updates on the show's schedule.

“Be there at the Brother Show, 8 Eastern, 5 Pacific.”
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Transcript

Automatic transcript. May contain errors.

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2:01Ben Meiselas:Welcome to Ben on Breaking News. I'm Ben Mycelis. This is your breaking news. Earlier today, Iran and Russia announced that they were signing a$25 billion memorandum of understanding for cooperation in the nuclear sector. Iran's ambassador to Moscow said, highlighting expanding collaboration between the two countries on major nuclear energy projects. Putin was discussing this deal that was just announced, and Putin said, Iran is a friendly state for us. I believe that the Iranian leadership and the people of Iran trust us. They fully trust us. And by the way, in the future, this uranium could be used once we reduce the enrichment level.

2:47Ben Meiselas:This uranium could be used for peaceful purposes for nuclear power and our nuclear projects in Iran under the IAEA control. Note the word could, could be used. In other words, Russia is asserting itself even more the same way China is as protectors of Iran. We know that there's an alliance there to begin with. And when the Trump regime is out there saying Iran can have no nuclear dust, no nuclear material at all, right? What's Russia and China doing? Well, we saw China through Xi Jinping meet with Foreign Minister Aragji, and they had very productive meetings. And we know that we believe China's providing a lot of technology and other capabilities, likely of military variety to Iran.

3:41Ben Meiselas:And what's Russia doing? Russia saying, we're going to do a$25 billion nuclear deal together. Think about the statement that that is sending right now. So in normal times, you would expect the president of the United States of America, as opposed to the president or leader of Russia to speak out against that, right? I mean, that would seem to be putting a massive wrench in any of the American preconditions with Iran. And, you know, the question is, how is Donald Trump responding? Does Donald Trump respond with strength or does Donald Trump respond with weakness? Well, let's find out. Let's turn the page.

4:28Ben Meiselas:As I tell my daughter, Jimena. Let's turn the page and let's look what happens. Let's see where spot goes. See spot run. Let's see where spot goes on the next page. Breaking. The Pentagon is expected to cancel plans to provide Tomahawk missiles to Germany, citing concerns that Russia could view the deployment as an escalation. Pentagon likely to cancel a missile sale to Germany over fears of Russia, over fears of Russia. If you've been watching the Midas Touch Network, you know that the United States, through its chief allied commander, Grinkowicz, who's the NATO allied commander rather, the US has informed NATO generally that the US is going to be pulling out critical missile cells and other defensive weapons and other things that were promised to the NATO alliance, also out of fear over Russia.

5:28Ben Meiselas:Just notable, right? Russia doesn't seem to have the fear over the United States because doing a$25 billion nuclear deal with Iran right now would seem to be a little bit worse than the Pentagon providing tomahawks to Germany, right? But I want you to understand what's going on in the global geopolitical climate right now, because if I'm seeing this, what do you think our NATO allies are seeing? What do you think Asian countries, African countries, Central America, South African, South American, African, European countries, Nordic states? How do you think they're viewing these moves right now?

6:20Ben Meiselas:Moments ago, Putin said the following about Iran. The people of Iran have shown cohesion and their will to fight. This is a factor that undoubtedly should be taken into account as we find a solution to this crisis. Here's what Putin said about Trump. We understand the U.S. administration is distracted. They are forced to tackle this issue now. Putin said the following about Trump as well. Trump says he didn't expect the Ukrainian problem to be so hard. Some things don't seem too complicated, but as soon as you delve into the problems, it turns out there are too many unknowns. Once again, you know, I'm not a rocket scientist here, but it does seem like Putin is mocking Donald Trump, continuing to engage in moves where it's clear he doesn't fear Donald Trump taking steps that any former United States president would.

7:25Ben Meiselas:And I think it's also worth reflecting as well. It's exactly what every other leader feels. The problem from our allies' perspective is that they are inextricably intertwined into a post-World War II global world order that the United States developed the architecture over very carefully. And it's hard to extricate yourself from that architecture where you've ensnared yourself in. And the reality is, is lots of European countries and others are realizing, man, we shouldn't have trusted the United States. We should have made sure that we took adequate care to build up our own militaries, to build up our own defenses.

8:20Ben Meiselas:But we thought the grand bargain here is we've got money. You've got weapons. You are able to take on a lot of debt. We give you our money. We buy your bonds. We buy your real estate. We buy your equities. We invest in your companies. You all are the wealthiest country, bar none in the world. You protect us. That's the racket. That's the alliance. Those were the rules of the game. The United States, there's a reason why you have the United Nations in New York. There's a reason why NATO is built around the United States as the global hegemon. There's a reason why all these other major world organizations are located in Washington, D.C.

9:18Ben Meiselas:The U.S. was the nexus of power and wealth. And in return, you got our backs right on the military front. And Donald Trump saw that bargain as being unfair. And Trump said, no, we don't got your back. We want you to continue to, we want you to pay us basically a licensing fee for the honor of us even being your friend. And we give you no promises at all in return. It's like a Trump org business, right? That's all it is. It's like a Trump racket. It's like a Trump fraud. It's like one of Trump's fraud companies. That's what he views the United States as not thinking long term not thinking ahead and you know when you look at again i think how the whole world sees it's not even weakness masquerading as strength anymore it's it's raw weakness raw weakness putin sees it clearly netanyahu sees it netanyahu's national security guy, Ben Gavir, sees it.

10:35Ben Meiselas:His finance guy, Smutrich, sees it. All of Netanyahu's kind of far right extreme government, they see it. And they mock him like every day. Mock him like every day. They'll do a fake ceasefire like they did in the past 24 hours. We're doing a ceasefire with Israel, Lebanon, the United States. Where's Barack Ravid? Ravid, Barak Ravid, we got to do another story. Ceasefire, it's happening. Lebanon, Israel, historical ceasefire. I just went back and I'm like, yeah, you made this announcement April 10th. You made this announcement May 1st. You made the same announcement May 15th. Another 10-day extension, another 45-day extension.

11:23Ben Meiselas:You know how long the ceasefire held before Israel started bombing in Lebanon past the Latani River? I saw some people say three hours. I think it was literally as the document was being signed. Israel continues to attack inside Lebanon, deeper and deeper and deeper, just pretending that there's a ceasefire and then saying, yeah, we're not following that. Hezbollah then is also attacking back and sending its FPV drones, which it's building more capable FPV drones, those first person viewing drones that they're now able to hook up on these fiber optics that can avoid radar detection. It's becoming a big problem for the IDF.

12:09Ben Meiselas:Back and forth, back and forth, the war escalates there. And ultimately, I think Israel knows Iran's never going to agree to a peace deal with the United States unless there is a security guarantee for Hezbollah in Lebanon. Iran has made that very clear that its security architecture at the, in terms of it looking up for Iran or Iran is protected mostly by China and Russia and Iran. Iran provides China and Russia with weapons. Then Iran flexes its influence by its proxy groups in the region, militia groups in Iraq, Shiite that are allied with Iran, Hezbollah in Lebanon, the Houthis in Yemen, and then other groups in the region as well.

13:10Ben Meiselas:That security architecture for Iran is more important to them than any transactional deal that Witkoff and Kushner could offer to Iran because Iran knows, and it's not a surprise if you just listen to even what Netanyahu, Ben Gavir, Smutrich are saying yesterday, we are going to wipe out this Iranian regime. We're going to wipe them out. We're going to exterminate them. We're going to get rid of them. There's no shot. We just need to pick our time when we're going to do it. Israeli National Security Minister Ben Gavir, that's what he just said this morning. A ceasefire in Lebanon is a fantasy.

13:52Ben Meiselas:Hezbollah will not withdraw north of the Latani River. Hezbollah has grown stronger and stronger. under these circumstances. Netanyahu should have said to Trump, Mr. President, we love you. But the answer is no, we're not going to agree to a ceasefire with an organization that endangers Israel's security. And that's from their national security advisor. That's the national security minister, Ben-Gavir. So Israel didn't agree to anything. And so from Iran, it's like, okay, we're not stupid. So what? You're going to give us, let's just say you give us money. Let's just say you give us$26 billion or$30 billion.

14:29Ben Meiselas:Okay. We know no matter what deal, this is what Iran's calculus is. No matter what deal you give us, we know you're going to come back and try to take us out again. Any deal is a temporary structure in the mind of Trump and especially in the mind of Netanyahu, right? So Iran is creating these certain thresholds that need to be met so that they have as much permanent architecture, security architecture, as they need in order to flex in the region if indeed they're attacked again so that the regime survives in Iran, so that the Islamic Republic. That's why they say we're never giving up the Strait of Hormuz.

15:22Ben Meiselas:Never happening off the table. Don't even ask. Invade us again. That's what Iran said. Invade us again. We'll see how that goes, but there will never be a chance where we will voluntarily give up Strait of Hormuz. Don't even bother trying to have a negotiated discussion on that. right? Same thing when it comes to security guarantees over Hezbollah in Lebanon, Houthis in Yemen, Iraqi militia groups. That's what they refer to as their resistance access. Israel needs to stop attacking them. That's what Iran has said. They've been very consistent about it. While Trump's all over the place, here, there, there, there, here, there, deal, no deal, deal.

16:08Ben Meiselas:I love them. Gay Ayatollah, no gay Ayatollah, love the gay Ayatollah. As Donald Trump saying those ridiculous things, Iran has never deviated ever. I mean, I'm just being objective here. They've never deviated from their general framework, which we've been talking about here on the Midas Touch Network since March. If they changed and deviated dramatically, I'd let you know. Perhaps the money reparations, that number seems to have changed, which is where I thought there would be flexibility. But when it comes to the core tenant security guarantees for Hezbollah and the Houthis, actual ceasefire in Lebanon, control over the Strait of Hormuz, Iran keeps, ultimately a deal has to be blessed by the United Nations.

16:57Ben Meiselas:Iran keeps its ballistic missiles and drones. To me, the money part, that's negotiable. How Iran flexes its control over the Strait of Hormuz, that's negotiable. Not its sovereignty over it. That's non-negotiable. I could see a world where Iran says, look, we control it with Oman. It's overseen by some other authority than the US as well, then we need to have a multinational coalition that is prepared that if you shut it down, this multinational security coalition has an Article 5 NATO-like prerogative requirement where then we open up the Strait of Hormuz. And by the way, I mean, so stupid. All of these nations, it's led by Macron and Starmer, other nations.

17:58Ben Meiselas:There's like 50 nations involved in this as well. They're trying to serve up this win to Donald and be like, look, what we are agreeable to doing, we're not going to join the war with you until you get a deal done, Donald. But what we're offering you is there'll be a multinational coalition to do the mind sweeping and to do a lot of the legwork post deal so that if the straight is closed again, you now have this international alliance, idiot, and you can point to us. That's what they're doing. And they're trying to explain that to him. And he's so stupid, But you have that. And so the overall framework right now, again, in the Middle East, the overall framework right now in Iran, the overall framework is dependent also on security guarantees in Lebanon.

18:59Ben Meiselas:And as I mentioned, Netanyahu knows that. For Netanyahu, the worst thing that could happen right now, for Netanyahu's personal survival, for Netanyahu's broader horrific vision, I think, for the region, this MOU can't happen from Netanyahu's perspective. and he will do everything he can to butcher it. And that's what you're seeing play out in Lebanon and Netanyahu's plan. Notice when the acceleration into Lebanon happened. It's right whenever it was a few weeks back when we were getting closer to the MOU, when Donald Trump said we're three days away. That's really when Netanyahu pushed harder because Donald Trump doesn't understand the links in Iran's mind between Lebanon and Iran.

19:58Ben Meiselas:Netanyahu sees it. And so, you know, Netanyahu knows that the best way to draw Iran back, because that's what Netanyahu knows, Israel can't attack Iran offensively right now. That's off the table because that was a disaster. But what they're trying to do is draw Iran in and figuring out entry points of how you draw Iran into this, right? And so accelerating an invasion of Lebanon is one of those things. And I think a lot of, I did a video on it this morning. I think a lot of the neocons who basically, that's Donald Trump's crew, they're trying to say, look, the Iranians are also trying to kill you.

20:49Ben Meiselas:They're trying to kill Ivanka. And so you need to do something because they're going to come after you. So it's very personal, Donald, because you killed Soleimani, Qasem Soleimani back in 2020. So they all want to avenge his death by killing you. And I think they're trying to press on him. They're trying to press on him that way. And he's just frozen there right now, right? He's frozen. Anyway, going back, though, to where I started, because I think Netanyahu sees the weakness and presses upon it. Russia clearly does as well. So as Russia and Iran, just think about it. So for those who are just joining, what I pointed out before is that Donald Trump is not selling the Hellfire missiles or Tomahawks or others to Germany.

21:37Ben Meiselas:Because Trump's, this is what all the sources in the Pentagon are saying, are scared how Putin would perceive that. Okay. Putin just announced a deal with Iran for, Tom Haakmans, for$25 billion for nuclear material. So do you see that the who's scared of who is incongruent? And as I said before, one would think that it would be a more furtive, a more aggressive move, what Putin is doing there, than giving Tomahawk missiles to Germany for defensive purposes and fearing what Putin will think about you. So then what else is happening in the past 24 hours? Well, if you've been watching the Midas Touch Network, you know that in St.

22:35Ben Meiselas:Petersburg, they have their Russian economic forum is what they call it. As Russia has escalated its drone and hypersonic and other attacks on Kiev, drone attacks, ballistic attacks, Orshaniks, et cetera. And we've seen dozens of people, innocent people killed in Kiev. zelinski has developed an arsenal that's continues to amaze in the technological way now they're striking deep into russia you've seen my videos where zelinski has been able to strike deep into moscow as well he's also hitting saint petersburg which is where this economic forum is taking place so when countries mostly brics countries right in brazil russia india china South Africa, other countries that are allied with BRICS, when they show up to this economic forum, they're seeing the visuals of oil depots on fires as they're there.

23:36Ben Meiselas:What a striking image to see when you arrive in St. Petersburg. But guess who showed up? A US delegation on the same day that Russia announced$25 billion to Iran for nuclear purposes. Trump sent a delegation to Russia to do what? Number one, Trump sent his fine arts commissioner, Rodney Mims Cook Jr., to show off Trump's ballroom. To show off the ballroom at Putin's flagship congress in St. Petersburg, as Max Saden explains. Think about that. And then also to ink a MOU, a memorandum of understanding, to build tunnels under the Bering Strait connecting Russia with Alaska. Kirill Dmitriev, Russia's envoy to the United States, said that they are working on this tunnel now and that's going to be a deal.

24:44Ben Meiselas:Russia, U.S. in an economic partnership. So while the United States is threatening, once again, Canada, and saying as part of the Kuzma Review, Canada, U.S., Mexico Agreement, as part of the Kuzma Review, Canada's sovereignty is negotiable. Just think about that. The U.S. says Canada's sovereignty is a point of negotiation in Kuzma review. That's, again, the Canadian-U.S.-Mexico agreement. That's Trump's deal. It was NAFTA, and then Trump's first term, Kuzma replaced NAFTA, which was an updated version of NAFTA, basically. Trump's been posting more about 51st state. And so that's how Trump treats Canada.

25:38Ben Meiselas:How is Trump treating Europe? You saw Marco Rubio's testimony when he was talking about Denmark and Greenland. And the question was, so, you know, is Greenland a territory of Denmark for now? For now is what he said. Trump keeps on posting the photos of himself, like these AI photos of himself, like looking over Greenland in a very kind of creepy and predatory way. But anyway, attacking our allies while this is what he's doing with Russia on the same day that you have Russia announcing$25 billion for a nuclear program in Iran. I guess I'm also amazed that, I don't know, are you seeing this? I don't mean to be kind of self-patting myself, patting this network on the back and be like, you're not seeing it.

26:40Ben Meiselas:But I truly mean it. This seems to be a pretty big deal in terms of stories. That's why I led with this story, this breaking news. I think it's pretty important stuff. I just don't really see anyone talking about it. And it's so obvious. Now, obviously, there's a lot of other news that we should talk about. I mean, you saw there was a memo that was sent earlier today from the Kennedy Center. The next eight days, all of the Trump name will be removed from the Kennedy Center letter. That's a good story. accountability, happy about that, right? We're seeing more UFC people speak out against this ridiculous fight that's happening on June, whatever, June 12th.

27:34Ben Meiselas:Can't believe we're doing UFC fights. Donald Trump's like, I may keep the UFC stage here forever. Okay, you're just going to make the White House look like a junkyard? You're going to keep the UFC stage in front of the White House forever. It's just, well, gross, okay? You're a weird guy. And then during his press conference today, all he wanted to do was talk about ballrooms and arches when he wasn't sleeping. There are real serious things happening right now in this country, right? I mean, saw for May 97 ,000 jobs cut. In May, the most jobs cut job losses since 2020. Who was in office then? It was COVID, the most job losses there.

28:21Ben Meiselas:We see inflation surging. I said, we'll hit, we'll be very close to 5 % inflation by the end of this year. And I'm not trying to be like a fear monger. Just every month it goes up, what, 0.2%. So just do the math. Just say it goes up 0.2 % for the next, whatever, six months. We get a reading in June and July and August, September, October, November, December. Yeah, I'm just counting on my fingers, right? So you add another 1.4 to 3.6. I mean, that's how you get it. It's pretty basic. And it may be accelerating even more than that. And I think it's very important to point out, as we always get ahead of the stories, we don't chase the story once it happened.

29:16Ben Meiselas:We have to get ahead of it and explain what's happening, is that these oil inventories are hitting a critical level. And any day now, we could be hitting tank bottom. All oil experts agree that at most, we're two weeks away from tank bottom. What they don't know though, is it 14 days? Is it 12 days? Is it 10 days? Is it tomorrow? It's probably not tomorrow. It's probably closer to 7 to 14 days. Now, tank bottom, to be clear, when you're explaining this to people who you know, it doesn't literally mean that the reserves worldwide drain out and there's literally the bottom. So what it does mean, though, is that once the supply in the reserves gets below a certain threshold, we are deemed to be in an emergency mode.

30:25Ben Meiselas:And in order to get at that, at those levels, when you go and do your economist supply and demand chart, At a certain level, all oil executives and economists in the field say what happens is, so that you don't actually go bottom, bottom, is that the price shoots up so high where you then get shortages and it causes the price to literally be$8 a gallon,$10 a gallon,$12 a gallon. at least$150 per barrel into the$200 per barrel for the futures market. And the actual market of where transactions are happening are much higher because the way the free market, which we see though is heavily manipulated, I might add though, tries to auto-correct and self-correct is by creating so little demand, by creating a situation, because the supply is going down, by reducing the demand, by creating these highest prices possible.

31:48Ben Meiselas:And then so that should regulate people's ability to utilize gas. And that's where we're heading. and farmers are suffering. Americans of all different professions are suffering right now. You know, if you're, again, speaking in overly simplistic economic terms, everyone refers to the economy, not everybody, but economists use the euphemism of a K-shaped economy because you have one line that goes up and like a K and the other line going down. And if you think about the line going straight down, that's 99 % of Americans. And that line straight down is in economic great recession, depression territory.

32:53That's where it is.

32:55Ben Meiselas:That's why people feel the way that that's why you see in the consumer sentiment reports why people feel that they're in a depression is because they're in a depression they're in a great recession so you may be saying but ben that doesn't make any sense because we're not in a technical recession at this point well because a technical recession requires there be two consecutive quarters of gdp contraction, but because that wealth is concentrated in the 1%, there is still a GDP growth taking place amongst corporations for AI and data centers that are pretty much driving all growth. Without AI and data centers, we're in a massive depression right now without AI.

33:42Ben Meiselas:With AI and data centers, though, even though this is why it's very hard to wrap minds around, but that's why I want to break it down this way, right? There is corporate growth spurring nominal GDP growth versus contraction, right? But that is also, going back to my point, why you're seeing 97 ,000 jobs cut because AI and those data centers are also replacing the jobs. So at the high corporate billionaire level and deca-deca millionaire level, there is levels of wealth that heretofore are incomprehensible. And then the wealth gap is so expansive between where most Americans are and where the rich is, where all this money's being concentrated, that in normal eras where you didn't have this gap, you were more likely to have a recession because the burden was shared more because the inequality gap was less wide.

34:54Ben Meiselas:So when we were all feeling it. More of us felt it together versus the rich on their super yachts and everybody else being really screwed over. So that's my overly simplistic economics professor breakdown of why it is we're not in a technical recession, but why people are suffering while Donald Trump just wants to talk about golden ballrooms and arches and all of the things that he's meandering about in this state where he just looks so awful. Did you all see, I'll show it to you when we come back, that cross-examination by Congress member Ted Lieu of Rubio? Did you see that? Where he said, he's sleeping next to you all the time.

Read the full transcript

35:39Ben Meiselas:He's sleeping. And Rubio's like, no, he's not. And Ted Lieu's like, he's lit. We're showing you a video of the guy sleeping. What are you talking about? He's there. He's sleeping. We're watching him. Why are you lying to Congress? We can see him. I think there needs to be more cross-examination of that, where you literally just show the person him and ask them to give you an objective reality, and they refuse to. And they refuse to do it. But yeah, you have so many Americans suffering. And then you have the Trump regime trotting out Rubio, trotting out Besant, trotting out Agriculture Secretary Brooke Rollins, trotting out whoever.

36:27Ben Meiselas:And they go, things are amazing. We're in a golden age. Everything's so great. Aren't you happy? Aren't you happy right now? You're like, what are you talking about? my hat no it's really bad we don't want any of that what are you talking about and you know he's like do you know that the reflecting pool is taller than the empire state building i don't what kind of comparison is that it's a it's a reflect it's a pool that's supposed to be reflecting not blue like a like an act like an outside swimming pool and why would you compare something that's horizontal on the ground to something that's vertical.

37:09Ben Meiselas:I don't know what are you talking about? I just think there's so many Americans like, dude, what are you talking about? And every day, go back to the beginning, we move closer and closer to this cliff. And I think what, you know, what Trump, where he, where he thrives is in calamity. because when people are suffering, that's when he blames somebody. He's the best blamer out there. Biden, Obama, da, da, da, da, da, da, da, blame. He's not a leader. He's a loser. He's a real scumbag who just lies and blames. You did it. You did it. You did it. Fauci, this person, that person. Zero personal, never accountability at all.

37:57Ben Meiselas:Or you wait it out and the problem resolves and then you take credit for it you see someone else you steal the valor and you go i did it i did it i did it i did it you know if you if you look at indian as an example indian pakistan right trump and trump and the trump regime did nothing to resolve indian pakistan at all if it resolved though there was a mediation china got involved a lot more than anybody else um and And Trump says, that's a war that I resolved. I resolved. And India knows that's not true. And Pakistan knows it's not true, but they're okay with saying it's true because Pakistan can improve its relations with the United States and its wealth while it cuts deals with the Saudis and the Chinese, while Donald Trump is literally sleeping at the wheel.

38:51Ben Meiselas:And okay, you did it, Donald. You did it. You get a Nobel Peace Prize. What do you want? that's not a healthy way to, for adults to adult. It's not, it's not, it's not adult be it, not grownup behavior. Anyway, a lot of dense material that we covered a lot. Why don't we take our first quick break of the show, hit subscribe, help us get to 7 million subscribers. We're very close to hitting 7 million. Let's get there. We'll be right back after our first quick break of the show. Time for some talk. Life insurance talk that is. You probably have it, but do you know how much you're paying for it? And for how much are you being covered?

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44:17Ben Meiselas:Talk about the breaking news that just developed while we were on a break. Here's what we're learning. the U.S. State Department has just issued a security alert for all Middle East countries, warning of potential hostilities and instructing U.S. citizens to locate the nearest shelter immediately after the U.S. has given Iran a new end-of-week deadline, a deal or a military strike per Channel 12, an Israeli channel. Multiple U.S. Air Force assets are currently airborne in the region with six C-17 Globemaster aircraft leaving the Middle East towards Europe. The IRGC says its forces have been placed on full combat alert with the units now instructed to stand ready for immediate execution of orders.

45:07Ben Meiselas:Also earlier in the day, we learned that multiple Iranian flagged oil takers carrying 7 million barrels of oil to China successfully broke through the U.S. blockade in the Strait of Hormuz, the first breach since April 17th per Kepler, which monitors all of this. And so I guess here we go again with another deadline, another fake deadline. Make a deal with us by Friday or else. Okay. We've done that before. You've said that before. That's not how Iran negotiates. As of now, Iran has won the war. They won. That's just the fact. We can be delusional and say they didn't, or we can look at the facts and say the Islamic Republic is in power.

45:55Ben Meiselas:There's been no material degradation of their ability to enrich uranium. If they so choose to do that. They have ballistic missile capabilities with precision that we saw in Kuwait the other day. They have their drones. They have their proxy groups in the region. They can execute an order not just to close the Strait of Hormuz, but also to close the Bob El-Mondib Strait in the Red Sea. Trump promised regime change. He promised he would have his own proxy there, that he would be able to get all the nuclear dust out of Iran. None of that was achieved. That's why America is the loser in the war. It's not anti-American.

46:39Ben Meiselas:I think it's actually very pro-America to accurately reflect that America lost to Iran. And Donald Trump threatened, as you all know, when the war was raging, we will destroy the civilization and blow you up to the Stone Age or whatever the hell he said. Well, not will erase your civilization. He gave a deadline. The deadline was about to hit. And then Donald Trump did not follow through on the deadline. And instead, Trump reposted the deal terms from the foreign minister of Iran. There was no ambiguity in what Trump agreed to. He agreed to Iran's terms. Go back. Look, Trump posted the foreign minister of Iran's deal terms, which had all of the things that I told you in the framework.

47:25Ben Meiselas:Security guarantees in Lebanon, reparations for Iran, security guarantees in Iran. Iran controls the Strait of Hormuz. U.S. leaves largely military bases in the region. The United Nations and all other international groups, you know, kind of recognizes the removal of all U.S. sanctions. But that's what Trump agreed to in terms of the cease. There's no ambiguity in what he actually agreed to. He didn't have to agree to that, but that's what he did. We shouldn't pretend that he didn't do that. He did that. He posted it. I'm not going to be like Rubio, who's like, he's not sleeping. Yeah, he's sleeping.

48:09Ben Meiselas:He's sleeping today too. He sleeps every time. He's always sleeping. It's not healthy. He's not a healthy human being. I was always weird. There's always weird people who would always be like, I never sleep. I don't get any sleep. And they brag about it. I never get any sleep. It's not good. It's not good. When I don't get, I haven't gotten a lot of sleep. I don't like it. I don't want to brag about it. It's not good. I don't want to get sleep. The more sleep is a plus to your rested. That's a healthy human being thing to do, not get less sleep, to brag about it like it's some freaking accomplishment.

48:48Ben Meiselas:I'll show you over here. look, this is Trump today. Looks like he's about to hit REM sleep during this, as Brian Tyler Cohen says. He's sitting back in the chair and just straight up dozing off as they're at this press conference saying that they're going to invoke the Defense Authorization Act, Cold War error authorities to dole out hundreds of millions of federal dollars of our taxpayer money to support coal-fired electricity, as well as U.S. exports of fossil fuel. So I'm just trying to, you may all be a little bit smarter than me now, but let's try to follow this. Amid the rising costs due to the war, Trump made things significantly worse by canceling less expensive, less pollution from clean energy projects.

49:46Ben Meiselas:And now he's trying to funnel all of this money into coal while other countries future-proof their countries with wind and other clean energy. So in essence, as Jesse Ferguson says, you pay more and you get more toxins. You pay more, it's worse off, and you get cancers, black lung and other. That's the art of the deal. All of his stuff, the tariffs against the world, the guy's an idiot. I mean, he really is. And the fact that there are people who go along with this just shows you. I never understood, never understood how people could go along with like a Hitler or a Mussolini or or these people in history.

50:34Ben Meiselas:I never understood it as a kid. How? Didn't they realize? Didn't they see it? Aren't human beings able to exercise independent? When you see these MAGAs out there, you know, and they're just like, you know, you just got to approve whatever Donald Trump says. If Donald Trump wants to have a trust fund kid who used to do dildo parties where they slapped each other in the face with dildos and we made him the head of Fannie and Freddie. And now we're going to make him the head of the ODNY, the Office Director of National Intelligence. Let's just do it. Whatever. All good. Let's give this guy, give the dildo guy all of the information, all the most classified information.

51:25Ben Meiselas:What are we doing? What are we doing? The guy who throws the parties where they slapped each other with dildos. I don't even understand it. And then these are the people who want to judge others? These are the people who want to judge others? These idiots, they did a press conference and they were like, look at the Republicans. We cut your taxes while Democrats give your money to trans mice. Democrats are promoting trans mice. okay what is your infatuation with first off bullying transgender people you evil cruel people why are you doing that just why why do you want to hurt the lives of marginalized communities it's really sick really a sick thing to do democrats aren't giving money to to transgender mice you idiots it's transgenic transgenic mice it's research that will help deal with alzheimer's and that will help deal with a lot of diseases that lots of Americans have.

52:32Ben Meiselas:Republicans stood next to a sign saying Democrats want to trans the mice because they don't want people to realize they're talking about transgenic mice, genetically modified mice used in life-saving medical research on cancer, Alzheimer's, diabetes, neurological disorder research. And people could die because us Republicans saw the word trans, and then they say, we're eliminating that because we don't like the word trans. It's sickening to me. It's sickening to me what their behavior is. And this is what they're doing. Announcing Defense Production Act to push about$700 million out to help the coal industry,$425 million to fund 13 coal plants,$185 million to open two plants in Alaska and West Virginia, as well as restart a coal plant in Maryland.

53:28Ben Meiselas:Why? Why wouldn't you just invest in jobs that are sustainable into the future? This is like the dumbest thing to possibly do, the dumbest thing imaginable right here. And if, by the way, then if you're going to do it, and the harm it causes to the climate, I might add, but okay, if you're going to do it, don't you want to like be awake during your press conference like and not fall asleep so take a look as trump is sitting back in his chair dozing off you can see for yourself here play this clip of warmth of a job an economy a community a family and for too long you saw democrats who were telling these coal miners they should just learn a code and what we saw during the Biden administration at the EPA, for example, was regulation after regulation after regulation trying to strangulate out of existence.

54:24Ben Meiselas:More of Donald Trump, just like mumbling here. I'll show you. Thank you, President Trump. Thank you. Thank you, Secretary Burgum. Thank you, Lee Zeldin. Good. And... Yeah. Then you have, uh, he didn't realize that Chris Wright, his energy secretary, was right behind him. I'll show you this one. Let's play it. Better man than me for that one. Not in all ways, you feel that, but in one way, in energy, you do. And that was Chris, right? Where's Chris? Right behind you. He's a hard one to find. And Chris has done a What do you mean he's a hard one to find? He's right behind you. He was just talking.

55:08Ben Meiselas:Then Donald Trump said, you know, the big problem we face in America right now is nobody's allowed to fix their car. Let's play it. And the job he's done is great. We had the auto industry in yesterday. They don't want people to fix their car. I said, that's strange. I've never heard of that. They have a thing to nobody's allowed to fix their car. They gave a man seven years in jail, actually, because he fixed his own car. So I thought we'd do something about that. But we'll get it all straight going. Can you believe it? They want a bill that prohibits people from fixing. So if you're mechanically inclined, you know, I grew up, I went to school with some guys.

55:49They were, in some cases, horrible students.

55:54Ben Meiselas:What the hell are you talking about? Then he talks about the Giants quarterback, Jackson Dart, how big and strong he is and that he would be so much better than women at women's sports. We had the quarterback. Jackson was the quarterback is the quarterback for the Giants. He's a big, strong guy. And I said, how do you think you do at women's sports, Jackson? He said, pretty good, sir. He didn't know I was joking. He was not worried. Let me put it that way. He would have been the greatest. athlete in the history of women's sports. You got to see the size of this guy. Like a male model and he's going to be a great quarterback.

56:34Okay. So naturally that's deeply concerning.

56:40Ben Meiselas:I don't think I'm going out on a leap here to say that's a very sick human. I don't want to use that as a way for him to, for us not to hold him accountable for his horrible behavior. But I mean, And we all just watch that. We're going to pretend that that was normal, what we just saw. On Biden's worst day that I can fathom, there was nothing even, a fraction of that, not even a fraction of what we just saw there. I could keep on going. I'm not. I'm not. Why do it? We get the point. But let me show you Ted Lieu cross-examining Marco Rubio. I think we have two clips of this, Jeremy. Let's play the first one first, then the second one.

57:28Secretary Rubio, have you been at more than one meeting where President Trump has fallen asleep? That's false. That's false. I've never seen him fall asleep. On the contrary, the guy doesn't sleep, which is a big problem because he calls me at 2 in the morning. He calls me at 5 in the morning. And, you know, I like to sleep a little bit, maybe not 12 hours, but at least 6. So he works. The other day he was at the Oval Office until 12.30 p.m. 12.30 a.m. I don't know what you're talking about. So, Rubio, I'm going to show you in a moment a video that shows you just lied to Congress. Oh, OK. So this is a video of a cabinet meeting literally from last month where Donald Trump is sleeping while you are talking.

58:08Please show this video. Coalition of countries that line up behind the peace deal, behind the border peace. And it's still every day is a challenge, but it's been driven personally by the president. It's the reason why we're involved in this whole Ukraine, Russia conflict. That's not our war. It's not the president's war. This war started. It never would have happened if you'd been president. But this war is going on and the president is trying to end it. You are literally talking about issues of war and peace and Donald Trump is sleeping right next to you. No, he's not. If Donald Trump cannot stay awake at these important meetings where the cameras are rolling, imagine what he's like when the cameras are not there.

58:48So I'm going to ask you, have you been at classified meetings where Donald Trump has fallen asleep or had trouble staying awake? I've never been at any meeting. And the things you're showing me now, he was not falling asleep. So you're lying again. You're lying consistently to Congress. You're lying to Congress, Secretary Rubio. So I'm going to show you another video in a moment. The president's inability to stay awake on the job has caused other countries to perceive him differently. They mock him. They see he is weak and he is feeble.

59:23Ben Meiselas:Show the other video, Jeremy, if we have it as well as he goes on. If Donald Trump cannot stay awake at these important meetings where the cameras are rolling, imagine what he's like when the cameras are not there. So I'm going to ask you, have you been at classified meetings where Donald Trump has fallen asleep or had trouble staying awake? I've never been at any meeting. And the things you're showing me now, he was not falling asleep. So you're lying again. You're lying consistently to Congress. You're lying to Congress, Secretary Rubio. So I'm going to show you another video in a moment. The president's inability to stay awake on the job has caused other countries to perceive him differently.

1:00:07They mock him. They see he is weak and he is feeble. This is a video of a French news channel talking about Donald Trump falling asleep at a Memorial Day ceremony. Please show this video. Well, Mark, a video that appears to show Donald Trump falling asleep at a Memorial Day ceremony this Monday has been circulating heavily online. Internet users have a lot to say about it. It's also reignited rumors about the state of the U.S. president's health. Now, in the video, in social media, users say that Trump is fighting sleep whilst he listens to the speech given by Defense Secretary Pete Hegseth and that his eyes appear to be closed for a large portion of the ceremony.

1:00:50Now, we need to remember here that this is a ceremony to honor and remember those U.S. military personnel who have died while serving in the armed forces. And the idea that Trump was asleep at a somber ceremony like this, well, that has triggered outrage online. Donald Trump's inability to stay awake on the job shows that there's something very wrong with his health of cognitive abilities. And in fact, on a number of occasions, Donald Trump will contradict himself in literally the same meeting or interview. In this video I'm about to show, it shows that Donald Trump says the Iranian military is both destroyed and not destroyed at the same time, something that Dina Titus alluded to.

1:01:31Please show this video. We've actually left the military alone. People would be surprised to hear that. Because mistakes have been made in wars where you wipe out everybody and then you have a country that for 40 years can never rebuild. You look at what happened with Iraq. We did so. Iran is in a very bad position. They have no military. All they have is good talk and they have a fake press. So, Secretary Rubio, instead of holding North Korean style cabinet meetings where everyone goes around the room kissing Donald Trump's ass, I'm going to ask you to come clean with American people and the White House as well.

1:02:10There's something wrong with Donald Trump's health or cognitive abilities. There's a reason he keeps going to the hospital and they keep giving him cognitive tests. We have not seen the president in eight days. The American people deserve the truth.

1:02:25Ben Meiselas:I thought that was a powerful line of cross-examination. You just show it right there. And I'll leave you with this one right over here. Congress Member Larson cross-examining Treasury Secretary Bessett. Let's play. Are we at war every year under the Biden administration? Are we at war currently? The conflict has been halted. The conflict has been halted. So we're not at war. So our military is not involved. We're not at war. Again, if you would like for me to call the Secretary of War, I can ask. I'm the Secretary of Treasury. So as part of the administration and as part of this, we're not at war.

1:03:10How in God's name, if we can't answer any questions at all, and I don't know, maybe there are some special orders where we're not allowed to these questions or not, we ought to make that clear. Are we at war or not? I'm asking as relation to the cost of going up for oil and gas. That hasn't risen. Has it risen because of the war? It did rise because of the conflict. Yes, sir. The conflict. So that's what we call it. Our people go into battle and lose their lives. Mr. Larson, your time has expired.

1:03:48Ben Meiselas:Well, the midterms are coming up. The midterms are coming up. And for me, it's never really even about a Democrat thing or a Republican thing or this or that. To me, it's about an accountability thing. And that's how I'm thinking about it. I'm thinking, who is going to hold this regime accountable? and who is going to fight this regime, that to me is what I look for above and beyond anything. Who's going to fight this versus who is complicit in this? Do we have Jeremy, the Maggie Mike Johnson clip from the press conference where he talks about how the Democrats wouldn't confirm Jesus? They wouldn't even allow Jesus.

1:04:31Ben Meiselas:Let's just play. I mean, this to me tells you everything. Let's play it. Could you pass FISA without Democrats? The answer is - The Democrats wouldn't trust Jesus. He hasn't been nominated. There's not a single person. He hasn't been nominated. But do you, I mean, how do you handle this if you can't get, if you can't have Democratic votes? Look, they're playing political games, Jake. The Democrats are not willing to do anything, even the most simple, basic, important responsibility, to keep the American people safe because they want to make life hard for the president. I don't even understand these human beings they're like gremlins they're like the bad were all gremlins bad or when they became when you put the water on them they become the gremlins but were there the good gremlins or were they all like once they were gremlins but anyway these are gremlin creatures like who are these people like his joke wasn't funny they wouldn't do Jesus and then like they're all up there I'm like, who the hell are these freaking weird humans?

1:05:39Ben Meiselas:Who the hell are these people? Why are these people in positions of power? Jesus, stupid, stupid people. Just enough of this dangerous, dangerous people as well. As you probably can hear, my little one's in the background. That's usually time to tell me the show's up. we'll be on with my brothers. 8 Eastern, 5 Pacific. We'll jump on the trampoline now a little bit. Me and Ximena, that's what I'm going to do. I'm going to jump on the trampoline. Thanks for watching. Hit subscribe. Help us get to 7 million subscribers. Gift memberships to people if you can. If you can afford to gift memberships, gift those memberships right now.

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