In short
The host argues the Iran-backed regional war is escalating and becoming “catastrophic,” criticizing Donald Trump’s response and claims that Iran’s military is not destroyed. He says Houthis entered the war, ballistic missiles were launched into Israel, and Iran is using drones and “surgical” daily strikes across Kuwait, Saudi Arabia, and the UAE. He also claims Iran may gain control of the Strait of Hormuz and impose tolls.
Guest backgrounds
No guests are identified in the transcript.
Key claims
Trump is “weaponizing” the Justice Department and attacking political figures; Iran can outlast the U.S. in attrition; Trump’s “100% destroyed” claim is false; Israel’s IDF faces interceptor and manpower shortages; the U.S. redirected Swiss Patriot/F-35 funds without consent.
Notable examples
Prince Sultan Air Base damage (including an E-3 Sentry); S&P 500 losses cited ($4.8T); Swiss media report of ~$126M diverted; CENTCOM deploying 3,500 Marines on USS Tripoli.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOTrump's War Catastrophe
2:51 to 5:24
Analyze the disastrous effects of Trump's actions regarding the war.
“Donald Trump has been posting on his social media platforms things that he finds more interesting now than his catastrophic war.”
Iran's Military Actions and Tactics
5:24 to 10:25
Learn about Iran's military strategies and their implications.
“And that was devastating because those are really expensive, of big planes that we need.”
The U.S. Military's Challenges
10:25 to 14:01
Examine the struggles faced by the U.S. military in current conflicts.
“And there's also ways to wire these FPV drones in order to avoid the drone jamming technology that the U.S.”
The Misappropriation of Swiss Military Funds
14:01 to 16:47
Learn how the U.S. redirected Swiss funds for military purposes without consent.
“And again, Iran is very much aware of America's market crashing.”
Concerns Over U.S. Military Equipment Reliability
16:48 to 19:18
Explore the implications of U.S. military equipment policies on international buyers.
“a structure that allows the Pentagon to reallocate payments across a buyer's contracts without the buyer's permission, but which is never invoked because you want them to buy more of your stuff.”
Transcript
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3:34But what's actually happening in this war, it's getting even uglier. Donald Trump's unlawful war, an unmitigated catastrophe. As I reported earlier this morning, last night, the Houthis of Yemen, the Iran-backed group that controls major parts of Yemen, they have officially entered the war. And they said, while they're not shutting down the Bab el-Mandab Strait yet. They're prepared to, if things further escalate, they started launching ballistic missiles into Israel, and they said that they're officially in the war. They're not shutting down the Strait of Bab el-Mandab yet, but they're getting ready to in the Red Sea.
4:21We already know the Strait of Hormuz is now under the iron fist control of Iran, And even yesterday during a G7 meeting in France, as I reported earlier today, Marco Rubio told the other G7 nations, we're all likely going to just have to live with the fact that after this war ends, Iran will now fully control the Strait of Hormuz and they will set up a toll-like system where you will all have to pay for access. but to the rest of the world that's your problem now the United States is not going to do anything about it although Donald Trump will probably declare a victory in the war if he can work out some deal where now the United States pays significant fees to use the Strait of Hormuz
5:11Ben Meiselas:where there was no fees before and he'll go look at the deal we now pay billions of dollars to empower Iran and Russia. Did I do good, everybody? Isn't that deal-making? Utterly, utterly pathetic. Donald Trump is also crashing out because we're learning the full extent of the damage, destruction, and devastation caused by Iran when they struck a major United States military base in Riyadh, when the Prince Sultan Air Base was hit by Iran, we knew that a lot of these big USAF, KC-135 US Air Force, KC-135 strato tankers, those big refueling planes, multiple of those were destroyed. And that was devastating because those are really expensive, of big planes that we need.
6:06But what we now are also learning as well, and this is absolutely devastating, the crown jewel of the Air Force, the U.S. E-3 Sentry, which does all of the surveillance and all of the radar, and it is like the most advanced system. One of the U.S. E-3 Sentries at Prince Sultan was also severely damaged. So the Air Force now only has about 16 of these E3 sentries left. This was one of the, again, most expensive and the biggest crown jewel of the Air Force. That seems to have been destroyed as well. And then, of course, of course, the human toll. About 12 injured, 12 American soldiers injured, eight very seriously injured, two seem to be in real grave, grave injury as well.
7:01And so we're following that. But when Donald Trump says 100 % of the Iranian military has been destroyed, again, it's just utterly false. And Iran was able to, again, successfully strike the Air Force Base in Riyadh. Not to mention, you just look at what's happened overnight, Whether it's ballistic strikes in Israel where Iran's now using new forms of cluster munitions that kind of spread out from these ballistic missile strikes that they hadn't used before. Whether you see, you know, and causing real serious damage in Tel Aviv and other areas of Israel. I mean, in the past 24 hours, look at Kuwait.
7:44Serious damages there to the airport in Kuwait. 15 iranian drones were launched against kuwait major damages to the airport i just talked about what happened in the past 24 hours or so in saudi arabia you look at the united arab emirates there was 37 one-way attack drones 27 ballistic missiles that were launched by iran and the strategy from iran seems to be shifting whereas they're not launching hundreds and hundreds of ballistic missiles at a time. They're being very surgical about it each morning, each night, launching 12 here, 15 here, 10 Shahids there, 15 ballistics there, because they know that they can
8:28Ben Meiselas:just keep on doing this every single day. They're acutely aware of the damage they're causing to the U.S. economy and the world economy. They fully understand that in a war of attrition, it's something that they can outlast the rest of the world in the United States, and that's precisely what they're doing here. I mean, just look at the social media behavior of their leadership, right? G.B. Galiboff, Iran's leader of their parliament, M.B. Galiboff, the leader of Iran's parliament, he's reposting the fact that the S &P 500's total losses since the Iran war began is$4.8 trillion. This was a repost by the leader of Iran's parliament of the Kobayashi letter, breaking the S &P officially post its lowest close in 232 days, erasing another$1 trillion in market cap today.
9:26Ben Meiselas:This brings the total S &P 500 losses since the Iran war began to$4.8 trillion. And And what the Iranians realize is that, no, 100 % of their military has not been destroyed. The true number, which I reported yesterday, was around 33 % maybe of the missile capability of Iran has been destroyed. A lot of the other stuff is underground in these highly guarded facilities that even the U.S. and Israel can't strike. We see Iran exercise its strong control over the Strait of Hormuz right now. Any ship that dared defy its order, like we saw a ship the other day get blown up by Iran, Iran now has implemented a toll system there.
10:12It's utilizing its proxies in Iraq, now in Yemen, in Lebanon as well. Iran, with the help of Russia, is giving a lot of these, not just the Shahid drones, these other types of FPV, these first-person viewing drones. And there's also ways to wire these FPV drones in order to avoid the drone jamming technology that the U.S. may have. And a lot of this stuff was, I don't want to say perfected, but was practiced and utilized in Ukraine. That's why Ukraine has developed one of the best expertise out there, if not the best in the world, on how to use drones, how to intercept drones, how to detect drones, how to stop these ballistic missiles.
11:01Ben Meiselas:The modern warfare was taking place in Ukraine and the U.S. should have been watching Trump and Hegseth and all these idiots should have been watching what was taking place there and developing the military to be ready for these types of things. The same way Ukraine has successfully been able to go after Russian naval equipment and Russian planes and Russia's, you know, kind of expensive, big military equipment and tanks by using the drones and picking out these kind of defenseless, you know, planes and things like that that were out there. Iran is utilizing similar tactics against the U.S. Army bases and the U.S.
11:45Ben Meiselas:military bases and Navy bases and Air Force bases in the Arab nations, right? We have these massive, expensive,$100 million, billion equipment out there that's just sitting there. And these Iranian drones, pop, pop, pop, pop, pop. And there's no way to defend against it because the U.S. didn't prepare. And if you weren't prepared, then you shouldn't have gone into this war. and you shouldn't have gone into the war for a lot of other reasons. I mean, let me be very clear about it. It's an unlawful war. I think it's an inhumane war. I think it's catastrophic for the United States long term. I can't believe that this is a chapter of history that's going to be written and it may be just fully the end of America.
12:26Ben Meiselas:I mean, it was already being destroyed by Donald Trump, but what we're seeing right now is horrific. But you have to think about all of these other things. And of course, Trump and Hegseth and all of these people who are sloppy and don't think through any detail. They didn't think there were any of these. You have the worst people in charge right now doing the worst things. You have M.B. Galabaf also posting, the Israeli military chief warned, I'm raising 10 red flags. The IDF will collapse into itself. By escalating tensions and attacking Iran's industrial infrastructure, the criminal Zionist regime, M.B.
12:59Ben Meiselas:Galabaf writes, is attempting to ignore these warnings and restore confidence of its corrupt cabinet and army. Instead, Iran's fierce response will accelerate this ongoing collapse. Now, you may be saying, well, Ben, why are you reading the Iranian guy's propaganda thing where he's saying the Israeli military chief warned, I'm raising 10 red flags? Did the guy really say that? He did. The Israeli chief said it. That's what he said. I'm reading it because that's actually the words of what the guy said. The IDF could soon collapse if there is no solution to the shortage of manpower. IDF Chief of Staff Lieutenant General Eyal Zemir warned in remarks during a security cabinet meeting that was held this past week.
13:45Ben Meiselas:And he precisely said that they're running out of interceptors. They're running out of just bodies. They're running out of equipment. And they don't have the ability to continue to fight wars everywhere and to continue to do all this. He said that out loud. And again, Iran is very much aware of America's market crashing. They're very much aware of America going through its interceptor stockpile, going through its tomahawk stockpile. I mean, one of the really insidious and disgusting things that America is doing, amongst many other things right now. So the U.S. is now using money, we should say stealing money that was given to it from Europe for certain types of military equipment.
14:28Ben Meiselas:the U.S. is stealing it for itself so that the U.S. can now make interceptors for itself because the U.S. is running out of its own equipment and the U.S. doesn't have the funds right now allocated in order to rebuild some of its equipment. So I'll give you this example of all places. You know, Donald Trump's been bashing Switzerland. Remember Donald Trump's like, I got a call from the leader of Switzerland and I didn't like the way she was talking to me. You remember all of that? So I put more tariffs on her. That was before the war. He was talking and bragging about attacking Switzerland. So here's what we're learning.
15:04Ben Meiselas:Here's what's being reported. By the way, in Swiss media and across Europe, they very much see what's happening. Let's talk about it. U.S. arms manufacturing is totally broken. So Switzerland put a freeze and stopped paying for the Patriot system that it ordered because they're not coming. The U.S. is not able to deliver on the Patriot interceptor systems. And the U.S. said it would take, I'm going to go into it a little more detail. The U.S. then took money that the Swiss were, wanted to use for F-35 payments. And the U.S. then put that towards Patriot interceptors for the U.S. So the U.S. stole F-35 money given to it by Switzerland to build F-35s and said, whoop, we're going to buy the interceptors that you've now frozen payment on.
15:57Ben Meiselas:We're actually going to allocate it to that, not to the F-35s, even though you want to pay for the F-35s and no longer the interceptors. And we're all going to use the interceptors now in the Middle East. And Switzerland's like, what are you talking about? Here's a decent breakdown of it, a good breakdown of it. The United States just took over$126 million from Switzerland's fighter jet account to cover missile shortfalls in the Iran war. Shanaka does a good job putting it up here. Switzerland did not approve this. Switzerland did not consent. Switzerland had already frozen its Patriot system payments after learning deliveries would be delayed for four to five years.
16:34Ben Meiselas:The U.S. circumvented the freeze. SRF, Switzerland's national broadcaster, reported on March 26th that Washington redirected Swiss funds originally allocated for 36 F-35 fighter jets to cover Patriot air defense shortfalls using the Foreign Military Sales Pooled Trust Fund, a structure that allows the Pentagon to reallocate payments across a buyer's contracts without the buyer's permission, but which is never invoked because you want them to buy more of your stuff. So this is only to be invoked in the most severe of emergencies. It's almost like a version of a force majeure, if you will. Swiss Armaments Chief Urs Lohar confirmed the diverted amount is a low three-digit million Swiss francs and called the situation very unsatisfactory.
17:26Ben Meiselas:The money Switzerland paid for jets is now subsidizing a war in Iran that Switzerland refused to participate in. And they're furious and they're saying, why would we do contracts with you in the future? By the way, This is why all of Europe, Canada, Australia, we can't buy military equipment from the United States. Even if military equipment in the U.S. is better than the stuff that we have, how can we buy it when the U.S. basically puts kill switches on all of their products? And by the way, the U.S. brags about putting kill switches under Donald Trump on its military equipment. And that's going to have a long-term damage because people aren't going to buy United States military equipment anymore.
18:08Ben Meiselas:That's going to really harm our manufacturers. Finally, I want to just point this out as well. So CENTCOM has announced the arrival of those 3 ,500 additional soldiers aboard the USS Tripoli in the region today. U.S. sailors and Marines aboard the USS Tripoli arrived in the U.S. Central Command Area of Responsibility on March 27th. The America-class amphibious assault ship serves as the flagship for the Tripoli Amphibious Ready Group. 31st Marine Expeditionary Unit composed of 3 ,500 sailors and Marines in addition to transport and strike fighter aircraft as well as amphibious and tactical assets.
18:49So you have that happening as well. And lots of people believe that group was being put into place for staging regarding a potential invasion of Karg Island. And I'll leave everybody with this as well, because I'm going to be going to our No Kings protest here soon in California, where I live.
19:11Ben Meiselas:Today's No Kings protest. Get out there, protest peacefully. If there's a No Kings Bayou, check that there's a No Kings Bayou. We're always grateful for all of your support. Thanks so much for watching. Appreciate you. Hit subscribe and let's get to 7 million subscribers. You might as merch drop. Check out the latest Pro Democracy sticker packs, t-shirts, hats, sweatshirts, and more. All at store.midastouch.com. Ryan Reynolds here from Mint Mobile. I don't know if you knew this, but anyone can get the same premium wireless for$15 a month plan that I've been enjoying. It's not just for celebrities.
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From the publisher
MeidasTouch host Ben Meiselas reports on Donald Trump crashing out on Saturday as the war takes another disaster turn with the Houthis joining the war and with the crown jewel of the US Air Force, its E-3 Sentry AWACS, being damaged in a Iranian strike in Saudi Arabia.
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