Jim Fetzer - No Way Out (News w/ The Fetz, 5/2/26) Aired: 2026-05-02 Duration: 45:41 === Man of God Loves Camera (02:45) === [00:01:07] I'm gonna be a man of God, the bush of God, I can see no need. [00:01:40] I love the camera. [00:02:17] Hello everyone, I'm John Coleman from Apocryphal Stasis, an institute for the humanities and alternative college and high school here on New Milford, Connecticut, USA. [00:02:26] The purpose of this broadcast is to get into the May 2nd, 2026 edition of News with the Fets with Dr. James Fetzer and myself as we're covering the wild world of news, wild and wide. [00:02:42] And we've plenty on menu here coming up. [00:02:45] The opening song, the bumper song, was an Iranian war song from the Iran-Iraq War. [00:02:51] From the 1980s, and indeed appropriate to where we're at today. [00:02:57] Just one announcement concerning Apaches of Stacey's, and that is an invitation to check our newsletter out. [00:03:04] You can read all about our de platforming on Google across the board, not just YouTube. [00:03:09] And that partially explains some of these computer differences you see, including the stock equipment on this machine that I'm using. [00:03:18] I have to do a whole factory reset on this. [00:03:22] Slowly move away from that Google monstrosity. [00:03:25] But you can find out all about those dramatics on our newsletter and, much more importantly, about our classes and so forth. [00:03:32] I will have occasionally in this broadcast and down below Dr. Fetzer's sites, jameshfetzer.org and Moonrock Books. [00:03:41] So please patronize those. [00:03:43] And without further ado, welcome Dr. Fetzer. [00:03:46] And the floor is yours. [00:03:48] I will be being your beetle here with the reading and the links here. === Burning Our Shared Future (07:14) === [00:03:52] Go on now. [00:03:54] Well, John, I'd be willing to bet if you got deplatformed, it's because of your shows with me. [00:04:00] It's a good deal of topics, I think, piling up. [00:04:03] It's all robotic. [00:04:05] That's the killing part, too. [00:04:07] It's like all automated. [00:04:09] But I suspect having shows, including JFK and Charlie Kirk and all the conspiracy presentations we're getting up from your past conferences, has a little bit to do with our current situation, but I have it no other way. [00:04:25] Well, you're brave and courageous, and I admire that, John. [00:04:30] Our title, No Way Out, derives from Mike Adam pointing out permanent damage to Persian Gulf oil wells begins now. [00:04:38] We're in a very difficult situation, alas, where the situation is growing dire. [00:04:46] You may want to drop the heading for reading. [00:04:49] The common assumption reopening the Strato or Moose will restore the flow of oil is physically wrong. [00:04:57] I've been worrying for months. [00:04:58] This isn't a pipeline you can just turn back on. [00:05:02] The International Energy Agency now confirms that the global energy crisis triggered by this war has surpassed the combined severity of the 1970s oil shocks and the 2022 gas crisis. [00:05:17] That is not a prediction, it's a documented fact. [00:05:22] Yet the mainstream media keeps repeating the lie that once the ceasefire holds, tankers will sail and prices will fall. [00:05:32] This ignores the reality that we are merely weeks away from irreversible capacity loss across the entire Persian Gulf. [00:05:40] In my view, this is one of the most underreported energy crises in history, and the physical damage to the oil fields themselves is the part experts are too afraid to discuss. [00:05:55] The oil wells of Iran, Kuwait, Iraq, and the UAE are not like a garden hose. [00:06:02] They are mature, low pressure reservoirs. [00:06:06] That requires precise gas injection to maintain flow. [00:06:11] Once that blow stops, water encroachment, what engineers call water conning, traps oil behind barriers of salt water that are nearly impossible to reverse. [00:06:23] Worse, paraffin waxes and asphaltines precipitate inside the well bore tubing, clogging the rock pores with solid deposits. [00:06:37] This is not theory, it is basic petroleum physics. [00:06:40] The reason Israeli strikes on Iran's South Pars gas field, the largest in the world, caused a lasting shock to the entire regional energy system. [00:06:51] When the field was hit, the pressure dropped across hundreds of wells. [00:06:55] Even if peace breaks out tomorrow, those wells will never produce their former rates without expensive redrilling. [00:07:03] That takes years. [00:07:04] The same applies to Qatar's Ras Lafan LNG complex, which was struck by Iranian missiles in retaliation. [00:07:13] These are not temporary shutdowns. [00:07:15] They are permanent features in the energy backbone of civilization. [00:07:20] Next section, the 20 to 30 percent invisible tax on global oil supply. [00:07:27] Industry studies show that even the short shutdowns of five days to a few weeks cause flow rates losses of up to 20 to 30 percent. [00:07:37] The wells in Kuwait never fully recovered from the desert storm fires, and that was with only a few months of disruption. [00:07:45] Now we are looking at months of no production, with many fields slaring gas instead of exporting it. [00:07:52] The Strait of Hormuz closure has already removed a significant share of global energy, and rising energy costs are triggering cascading impacts across industries, including food and transportation. [00:08:06] According to the book Clean Energy Nation, quote, the world's growing dependence on Arab, Persian, and Venezuelan oil will only intensify as demand rises while global supply supply shrinks, unquote. [00:08:21] That dependence is now a liability. [00:08:24] Every day that the strait remains closed, the invisible tax on global oil supply grows larger, not just from lost barrels, but from the permanent impairment of the reservoirs themselves. [00:08:37] The world could lose four to six million barrels per day of capacity even after the strait reopens, and that means higher prices for years. [00:08:48] The negotiations currently stalled at Pakistan show that Tehran is demanding a toll paid in Bitcoin and a postponement of nuclear talks. [00:08:58] The entire logistic chain is broken. [00:09:02] Spot prices may plummet briefly when a few test tankers cross, but that won't translate into cheap gas at the pump. [00:09:11] It will mean a chaotic market where some traders make a killing while the rest of us pay more for food, transportation, and heating. [00:09:20] The market law of one price. [00:09:24] Ensures that the cost of war gets passed directly to consumers. [00:09:30] Fossil fuels, and in fact, oil is not actually a fossil fuel but is produced by Earth in an endless supply, are stored work potential. [00:09:44] Every barrel flared without purpose is work that should have fed people or moved goods. [00:09:51] Human civilization runs on hydrocarbons. [00:09:55] And losing that capacity makes everyone poorer. [00:09:59] The Strait of Hormuz crisis shows the world still depends on fossil fuels, not actually, but oil indeed, for nearly everything. [00:10:10] We have a choice. [00:10:11] End the war and let the Strait reopen, or accept permanent damage to the wells and a much darker economic future. [00:10:21] The politicians in Washington and Tel Aviv do not feel the pain at the bump like ordinary families do. [00:10:27] They do not see the fertilizer shortages that are already threatening global food production. [00:10:34] But as I, Mike Adams, see it, I urge you to understand this reality. [00:10:40] It is not just politics, it is physics, and it is hurting real people right now. [00:10:48] The only rational path is to stop the bombing, negotiate in good faith, and accept that the era of cheap, secure Middle Eastern oil is over. [00:10:59] Those who continue to wage this war are burning not just oil, they are burning our shared future. === Global Chip Shortage Crisis (06:32) === [00:11:07] They can't make printed circuit boards anymore. [00:11:11] Iran war and the naphtha outage. [00:11:15] The retarded morons who restarted the Iran war have caused yet another catastrophe. [00:11:22] The manufacture of printed circuit boards, PCB, must cease from lack of polyethylene ether, PPE resin, needed to make them. [00:11:34] An Iranian strike in Arabian Jubal Petrochemical. [00:11:38] Complex in April of 26 hauled to production at a facility operated by the Saudi Arabian Biznik Complex Corporation, which supplies approximately 70% of the global high purity polyethylene ether resin used in printed circuit boards, PCB laminates. [00:11:58] Polyethylene ether resin, often referred to as polyethylene oxide, is used in printed circuit boards, laminates primarily because of its superior electronical performance at high frequencies. [00:12:11] While standard materials like FR4 are sufficient for everyday electronics, PPE is essential for advanced technologies like 5G infrastructure, high-speed servers, and automotive radar. [00:12:24] PPE can withstand heat. [00:12:25] It prevents circuit boards from warping over time, thereby malfunctioning. [00:12:30] This critical supply disruption has caused PCB prices to surge by 40%, 4-0, in April alone, according to Goldman Sachs analysts. [00:12:41] The shortage compounded by disrupted oil shipping rights in the Gulf, rising copper costs as manufacturers like South Korea's Daydock Electronics raise prices and extend material wait times from three weeks to 15 weeks. [00:12:59] Reuters reports that the SABIC, that's the Saudi Arabian corporation above there, which operates the Jubilee complex, accounts for approximately 70% of. [00:13:15] Global high purity PPE resin supply has been unable to resume production and supply since the event. [00:13:22] The impact of this strike was almost immediate as the reality of supply chains and has rapidly flowed down to all industries downstream of the facility, leading to severe shortages of critical material. [00:13:41] Key product categories using PCBs get this. [00:13:46] Consumer electronics, smartphones, tablets, smartwatches, televisions, gaming consoles, cameras, computers and computing, laptops, desktop motherboards, graphic cards, peripheral devices, automotive systems, engine control units, anti lock brake systems, navigation systems, medical equipment, pacemakers, medical imaging systems. [00:14:15] CT, MRI, infusion putts, heart rate monitors, industrial machinery, power converters, motor controllers, robotic system communication and technology, routers, switches, radio communication devices, household items, microwaves, refrigerators, coffee makers, alarm clocks. [00:14:40] There's an upside to this, though. [00:14:42] The Dingbats, who restarted the Iran War, Can't get more missiles, radar communication gear, because all those war items use printed circuit boards, which can't be manufactured anymore, thanks to the war makers causing SABIC to be bombed by Iran. [00:15:02] Some of the mental weaklings out there will lay the blame on Iran bombing SABIC, but maybe if Israel and the United States weren't bombing Iran, then Iran wouldn't have bombed back. [00:15:15] None of this would have happened. [00:15:18] The world was told the U.S. and Israel are going to bomb Iran back into the Stone Age. [00:15:24] Congratulations to the people who thought that. [00:15:27] What they've done to Iran is starting to send us, the United States, back to the Stone Age. [00:15:35] Government morons. [00:15:38] This is not the first time the war in Iran has impacted the global electronic supply chain. [00:15:44] Earlier this week, the South China Morning Post reported that major Japanese suppliers of photoresist. [00:15:51] A key chip making chemical had begun informing customers such as Samsung and SK Hinnix of disruptions in raw material procurement. [00:16:01] The supplier cited the scarcity of naphtha, a raw material for making photoresist, stemming from the conflict, as they rely on the Middle East for more than 40% of their supply. [00:16:14] Next section What this means for all of us. [00:16:18] This is a black swan. [00:16:19] All electronics need PCB. [00:16:22] 70% of all PCB or azin. comes from one plant that is now offline. [00:16:28] Printed circuit boards are found in nearly all electronic devices serving as the foundation for connecting components in products ranging from consumer gadgets to industrial machinery. [00:16:41] Common applications include smartphones, laptops, TVs, medical imaging, automotive systems, household appliances, and gaming consoles. [00:16:49] Every one of us watching this right now and participating uses some of those. [00:16:54] In simpler terms, Go to look at your kitchen. [00:16:57] Do you see your toaster oven? [00:16:58] Regular sliced bread toaster, microwave oven, your cooking stove, dishwasher. [00:17:03] Do you see your refrigerator, your coffee maker? [00:17:06] They all use printed circuit boards. [00:17:08] Go look at your utility closet. [00:17:11] Do you have central air conditioning, air handler, a hot water heater? [00:17:15] They all use printed circuit boards. [00:17:18] Can't make them anymore either. [00:17:20] Your TV, your stereo, DVD, a Blu-ray player? [00:17:24] Can't make them anymore either. [00:17:27] Are you starting to understand the implications of this? [00:17:30] None of these things can be manufactured anymore because the printed circuit board manufacturing is offline. === White House Surveillance Proposal (07:23) === [00:17:40] Iran presented Trump with a proposal to open the Strait of Hormuz and delay nuclear talks. [00:17:48] Iran has presented a proposal to the United States that focused on opening the Strait and ending the war, but would table thorny discussions around Iran's nuclear program until a later date. [00:18:02] A Gulf source and a regional source told NBC News. [00:18:07] The details of the proposal were first reported by. [00:18:11] Axios. [00:18:14] The Iranian proposal was discussed Monday in a meeting between President Donald Trump and his national security team, according to White House Press Secretary Carolyn Levitt, although it was not immediately clear how seriously it was being weighed. [00:18:28] The U.S. demand for Iran to halt its nuclear enrichment program has been a key roadblock to negotiations. [00:18:35] Quote, the president's red lines with respect to Iran have been made very, very clear, not just to the American public, but also to them as well, unquote. [00:18:46] Levitt told reporters Monday. [00:18:48] I wouldn't say they're considering it. [00:18:49] I would just say that there was a discussion this morning that I don't want to get ahead of. [00:18:54] She added, You'll hear directly from the president, I'm sure, on this topic very soon. [00:19:01] Members of the Gulf Cooperation Council will hold a meeting Tuesday where the Iranian proposal will also be discussed, according to two Gulf officials. [00:19:11] While constraining Iran's nuclear program, it's critical to the Trump admin opening the key Strait of Ormu trade route, restarting the flow of oil. [00:19:19] Remains a priority for Gulf allies. [00:19:23] With peace talks stalled and the two countries engaged in a standoff over the waterway that saw energy prices surge again Monday, Trump has publicly urged Iran to phone when it wants a deal. [00:19:38] He scrapped a bland weekend trip by his envoys that has left face to face diplomacy at. [00:19:46] As shipping remains an effective standstill in the vital waterway. [00:19:50] That previously carried one-fifth of the world's oil supply and other essential products, such as fertilizers, needed for the global food supply. [00:20:00] The international benchmark price for oil Brent crude rose again to 107 dollars a barrel monday, while the U.s gas price climbed to four dollars and 11 cents a gallon. [00:20:16] Some world leaders are taking a dim view of Trump's negotiating tactics. [00:20:20] Quote, an entire nation is being humiliated by the Iranian leadership, Especially by these so called Revolutionary Guards, Unquote. [00:20:31] German Chancellor Friedrich Merz said during a talk to students Monday that's a typo on the part of the article. [00:20:38] The Iranians are obviously very skilled at negotiating, or rather, very skillful at not negotiating, letting the Americans travel to Islamabad and then leave again. [00:20:50] Before the Putin meeting, Kremlin spokesman Dmitry Peskov told reporters that, quote, the importance of this conversation is difficult. [00:20:58] To overestimate in terms of how the situation around Iran and in the Middle East is developing, unquote. [00:21:05] And I'll interject before Dr. Fetzer reads real quick. [00:21:08] I'm reading a book on the 20th century now, but the point with the oil crisis in the 70s. [00:21:13] And it was considered revolutionary when OPEC changed the price of a barrel of oil from $3 to $11. [00:21:22] And we're looking at $107 a barrel now. [00:21:25] Yes, And, Putin, let me add before we continue. [00:21:32] Had a conversation, I believe it was yesterday with Trump, in which he explained that if America were to resume bombing Iran, that would generate dire consequences. [00:21:46] In other words, Russia's all in with Iran. [00:21:51] Trump reportedly said he would not be resuming the attack. [00:21:56] Let us hope that proves to be correct. [00:22:00] Meanwhile, The great gaslighting, Trump's latest fake assassination. [00:22:07] Gaslighting is a form of psychological manipulation where one person causes another to doubt their perception, memories, or reality. [00:22:17] This tactic is often used in an abusive relationship to gain control over the victim, leading to significant emotional and psychological harm. [00:22:30] If you are feeling confused by the lies of the Trump administration, you're Must now rely on your intuition. [00:22:38] The latest fake quote unquote shooting with created character Cole is a massive Vietnam era psyop. [00:22:45] Its political mind control will be used as the joke it is mocking your powers of reason and critical thinking to bring in the police surveillance of Trump's controllers that they demand digital ID, digital prison currency, Palantir, and its devilish imps such as Flock Safe. [00:23:05] And the 1984 style surveillance will take root in this putrid rotten sewage. [00:23:10] Soil. [00:23:11] Free speech, private transactions, ownership of property, property rights in general are the primary target of the Trumpstein, Zionist directed attackers now occupying the government and White House. [00:23:24] Wake up now. [00:23:26] Take some action, push back at every level like your lives depend on it. [00:23:31] This latest false flag shooting is the most egregious mockery of truth ever forced into the public mind space. [00:23:38] It's happening and total dominance and end to constitutional protections. [00:23:43] Will be complete with digital gulag gates slamming within two years. [00:23:51] This is happening, and there is almost zero time remaining to stop it or even slow it down. [00:23:57] Just so we're all clear, the shooting was faked. [00:24:01] Rokan goes there, a bombshell. [00:24:04] Former CIA officer Larry John confirms the Trump hotel shooting was completely staged. [00:24:10] He reveals the Secret Service intentionally broke protocol, rescuing JD Vance first. [00:24:15] While leaving Trump behind, the Washington establishment is orchestrating pure theater. [00:24:26] Top question so far, following from the WHCD, that's the White House Correspondence Center, alleged assassination attempt in no order of importance. [00:24:36] Staged? [00:24:38] Why was there a post in 2023 that simply stating the shooter's first and last name? [00:24:46] Have his shirt off? [00:24:48] Why did the Secret Service look so disorganized? [00:24:54] And there are about 20 other questions. [00:24:56] Meanwhile, Neil Caligula gets no bounds from a fake assassination attempt. === Navy Officers Performance Issues (07:35) === [00:25:03] President Trump's approval rating has taken a hit, hit a new record for his current team, reaching an impressive 64% disapproval rating. [00:25:18] Trump's approval hits second term low. [00:25:21] Disapproval 64%, approval 34%. [00:25:30] Here we have Secretary of Defense Hegeset testifying before Congress. [00:25:36] It turns out to be a disaster. [00:25:40] He's utterly amateurish, childish, acts as though this were a kind of a talk radio dispute where you could use trivial points to make your case, when in fact, the Congress is asking serious questions that he does not address. [00:26:01] It turns out that Democrats, even Democrats in Congress, are patriots as well. [00:26:07] We serve in our uniformed services. [00:26:11] We admire and love our uniformed services. [00:26:15] And we love our country just as much as Republicans do. [00:26:19] In fact, in this body, I and Representative Bacon, who you just spoke to, led the junior enlisted pay raises that you now sit there and laud and take credit for. [00:26:30] We led the closing of the. [00:26:33] BAH, which then you ended up poaching and using for other things. [00:26:38] This body led and authorized Ukrainian funding that is now being withheld. [00:26:45] You also, in your opening remarks, strangely admonished us here for not being patient with the results of your two-month war, a war of your suggestion to this president, a war of your choice, a war you executed without congressional consultation. [00:27:00] And so it shouldn't be shocking, sir, Mr. Secretary, that we have questions. [00:27:04] Indeed, it's constitutionally our right to do so. [00:27:07] So, to be clear, despite a brilliant performance by our men and women in uniform, despite thousands of tactical successes, Iran still has nuclear material, still has air defenses, still has small boats, and still has the Strait. [00:27:22] So, despite the fact that your recent comments indicate that operations appear to be finished, it's clear there clearly is more work that needs to be done. [00:27:32] As mentioned, today is indeed 60 days. [00:27:34] So, Mr. Secretary, how many more months, just order of magnitude, Do you think that you're going to need to be able to conclude operations successfully? [00:27:42] And how many more billions of dollars do you think you're going to ask this body for? [00:27:48] Well, as you know, and as the president has stated, you would never tell your adversary, especially once you. [00:27:54] That is the line that you always give me an order of death. [00:27:56] Especially once you decimated their military and you controlled their trade, how long you would be committed to the mission. [00:28:01] And the next thing that you mentioned in your opening remarks, Mr. Secretary, is that you called on, which astounded me, examples of the Afghanistan war, the Iraq war, and the Vietnam war. [00:28:12] Those are stunning examples to me of something that didn't go our way. [00:28:17] We had the opportunity to execute on those wars quite well, but we didn't accomplish any mission, in my opinion. [00:28:23] And I think you would agree on that as well. [00:28:25] My point is this effort is not those efforts. [00:28:27] That's exactly it. [00:28:28] Is this war shaping up to be that war? [00:28:31] Because it has everything. [00:28:32] We're shaping up to get the same kind of Democrats we got in those wars who were naysayers from the beginning, undermining the progress of the country. [00:28:38] Let's have a conversation about the country and the nation and not about parties. [00:28:44] The Democrat Party wanted to socially engineer the Department of War. [00:28:47] We've had to undo that and get it to a point where it's capable of taking power. [00:28:51] Clearly, you're not able to have those conversations. [00:28:53] So I will move on, sir, and I'm going to reclaim my time. [00:28:56] General George, let's talk about a guy who's a patriot, somebody who every single person here in this dais and down there in that audience and out there in this world has huge admiration for. [00:29:07] Why did he get fired? [00:29:11] Well, as with any moves we make with general officers, first of all, I thank them for their service. [00:29:17] And ultimately, my impression is you thanked him by a text or a phone call. [00:29:21] You didn't even do it to his face. [00:29:24] Out of respect for these officers, we never talk about the nature of their removal, but every one of them, including myself, knows that they serve at the pleasure of the president. [00:29:32] Ultimately, out of respect to these officers, we don't reveal it. [00:29:35] However, I will note it's very difficult to change the culture of a department that has been destroyed by the wrong perspectives. [00:29:41] So, you, General George, destroyed a culture? [00:29:44] There are many, we've gotten rid of many general officers in this administration because we need new leadership. [00:29:50] You have no way of explaining why you fired one of the most decorated and remarkable men who's ever been in this administration. [00:29:56] And so your answer is a very immature way of responding to my request. [00:30:00] My next question has to do with my remaining time about the fact that there apparently are orders that you've recently given to the Navy to detail officers to command billets in special operations where they, the people who you're detailing, have already received bad performance reviews. [00:30:17] They've received negative fitness reports. [00:30:19] Is there a truth to that statement, sir? [00:30:21] I'm not aware of what you're referring to. [00:30:23] Have you ever ordered the Navy to add officers who never screened for special operations major command to the promotion list for flag officer? [00:30:32] I'm not aware of what you're referring to. [00:30:34] All right, I'll take that for no. [00:30:35] Thank you. [00:30:36] I yield. [00:30:37] It's so embarrassing, John. [00:30:39] The guy has the attitude and emotions of a 12 year old. [00:30:44] He's just a little kid with law tattoos. [00:30:47] He's doing a terrible job and wrecking our military. [00:30:52] When he talks about changing the attitude, he wants to instill a warrior attitude, an attitude of aggression, of going out and attacking other countries. [00:31:02] What anyone with any experience with warfare knows. [00:31:05] What's most important is to avoid it at all possible cost. [00:31:09] His attitude is precisely the opposite. [00:31:12] He's doing tremendous damage to the United States. [00:31:18] Well, I can interject here, please. [00:31:24] I believe, I understand in America we have a civilian leadership of the military and the thinking behind that. [00:31:31] But in terms of qualification, I believe this man, and I could easily find this out after the show. [00:31:37] But I believe this man was an NCO or a first and second lieutenant. [00:31:41] He is not, he has no particular training for this job whatsoever. [00:31:46] He's just a Fox News guy. [00:31:48] And you say a bunch of foul mouthed, tatted up guy trying to look tough there. [00:31:54] It's unbelievable. [00:31:55] I don't believe his rank or his qualifications are all that high. [00:31:59] You're completely right. [00:32:00] And how the Senate confirmed him was an abdication of responsibility. [00:32:04] They let this guy become our Secretary of Defense, John. [00:32:09] And I'm telling you, there are hours. [00:32:11] Of this juvenile behavior, talking over the congressperson who's asking the questions, evading every question. [00:32:21] I did not hear him give a straight answer to any question at any point during all this continuation of discussion. [00:32:31] Meanwhile, Moulton suggests that Catholics guilty of war crimes like Nazi submarine captains were in the air. === Carrier Killer Missile Threats (09:47) === [00:32:39] He's talking not about Iran, but about the Caribbean. [00:32:44] Host Aaron Burnett said, Do you believe Secretary of Defense is guilty of war crime, Walton? [00:32:50] Absolutely. [00:32:52] I mean, he's clearly behind the operation to shoot all these boats in the Caribbean. [00:32:58] It's very unclear that we actually have any confirmation that these so called narco terrorists, a term the admin invented to justify this action, are even on the boats. [00:33:10] I mean, in fact, there's a lot of evidence these were just fishermen, you know, getting jobs, piloting the boats, trying to feed their families. [00:33:20] There's an impressive point on some of the individuals who have been killed who are clearly not narco terrorists. [00:33:27] He added on top of that, we then have the strike where when they came back in and hit it again, a double tap just purposely to kill the survivors clinging to the wreckage. [00:33:38] You know, it's interesting, Aaron. [00:33:40] Another historical analogy back in World War II. [00:33:44] The Allies tried Nazi submarine captains for doing this exact same thing. [00:33:51] And guess the conclusion? [00:33:54] They were executed. [00:33:58] Meanwhile, Iran's supreme leader vows to protect its nuclear and missile capabilities. [00:34:06] Dubai, the UAE. [00:34:08] Iran's supreme leader defiantly vowed Thursday to protect the Islamic Republic's nuclear capabilities. [00:34:14] And missile capabilities, which U.s president Donald Trump has sought to curtail through airstrikes and as part of a wider deal to cement the war shaky ceasefire. [00:34:25] In a statement read by a state television anchor, ayatollah Mutabaj Kameni said the only place Americans belong in the Persian Gulf is quote at the bottom of its waters unquote and that a new chapter was being written in the region's history. [00:34:42] Kameni has not been seen in public since taken over as supreme leader following the killing of his father in the war's opening Airstrikes. [00:34:50] His remarks come as Iran's economy is reeling and its oil industry is being squeezed by a U.S. Navy blockade, halting its tankers from getting out to sea. [00:35:01] The world economy is also under pressure as Iran maintains a chokehold on the Straits of Hormuz, through which a fifth of all crude oil is transported. [00:35:11] On Thursday, the global benchmark for oil, Brent crude, traded as high as $126 a barrel. [00:35:20] Meanwhile, Iran threatens to attack if the blockade is not lifted. [00:35:26] Will newly acquired Chinese missiles be used to sink a U.S. aircraft carrier? [00:35:33] It appears that China has decided to provide Iran with highly advanced anti ship missiles that are known as aircraft carrier killers, and that is really bad news for the U.S. Navy. [00:35:48] Our vessels do not have any effective defense against the Chinese made CM302. [00:35:54] The information I have to share is extremely alarming. [00:36:00] During the ceasefire, the Iranians have been feverishly rearming, and it appears they're getting some new toys to play with. [00:36:10] If the Pentagon does not take these threats seriously, we could end up with warships on the bottom of the sea. [00:36:20] President Trump has repeatedly stated he's not going to end the naval blockade of Iran until a permanent deal to end the war is reached. [00:36:29] But a permanent deal to end the war is not going to be reached anytime soon because Iranian Supreme Leader Mutaba Khomeini is pledging to relentlessly protect Iran's nuclear and missile capabilities. [00:36:49] In his message, Supreme Leader Ayatollah Mutaba Khomeini further said that Iran will closely guard its nuclear and missile capabilities, an apparent response to the U.S. desire to dismantle them, Al Jazeera reports. [00:37:02] Iranians view the country's nuclear missile capabilities, quote, as their national capital and will guard them like water, land, and air borders, unquote, Khomeini said. [00:37:14] It is clear that Trump is not going to get what he wants from Khomeini. [00:37:17] So far, the blockade will continue and the Iranian economy will deeply suffer. [00:37:22] Unfortunately, it appears that Iranian leaders are losing patience and may order an attack in an effort to break the blockade. [00:37:30] An Iranian media source is reporting that if the blockade is not lifted soon, we will see. [00:37:35] Practical and unprecedented action. [00:37:39] The continued American maritime piracy and banditry in the form of so called naval blockade will soon be met with practical and unprecedented action, a high ranking security source told Press TV on Wednesday. [00:37:54] Iran's armed forces operating under Hatam al Anbiya headquarters as the war command believe that patience has limits and that punishing response is necessary if Washington maintains an illegal naval blockade. [00:38:10] Around the Straits of Hormuz, the source said. [00:38:16] He further emphasized that Iran has proven in recent imposed wars that the United States no longer faces a passive or predictable adversary. [00:38:31] That's quite a threat. [00:38:33] In the statement, he just issues coming. [00:38:35] He went even further. [00:38:38] He warned that U.S. vessels could soon find themselves at the bottom of the ocean. [00:38:43] Ayatollah Motaba Khamenei, who hasn't been seen or heard from in person since he was elevated to the top job, said that the only place for Americans in the Pacific Gulf is at the bottom of its waters, according to state TV. [00:39:04] He also claimed Iran's new management of the Strait of Hormuz would bring calm and progress and economic benefits to all nations. [00:39:14] Khamenei said Iran would eliminate the enemy's abuses of the waterway, adding that his country shared a common fate with other nations in the region. [00:39:26] But foreigners who commit evil have no future there. [00:39:32] How can Khamenei be so confident? [00:39:35] After all, the Iranians have not been able to sink a single U.S. warship thus far. [00:39:45] Well, it looks like the Chinese have decided to offer a helping hand. [00:39:49] According to Reuters, six different sources have confirmed that Iran is close to a deal with China to purchase anti ship cruise missiles. [00:39:58] Iran is close to a deal with China to purchase anti ship cruise missiles, according to six people with knowledge of the negotiations, just as the United States deploys a vast naval force near the Iranian coast ahead of possible strikes on the Islamic Republic. [00:40:14] The deal for the Chinese made CMC. 302 missiles is near completion, though no delivery date has been agreed, the people said. [00:40:24] The supersonic missiles have a range of about 290 kilometers and are designed to evade shipborne defenses by flying low and fast. [00:40:33] Their deployment would significantly enhance Iran's strike capabilities and pose a threat to U.S. naval forces in the region, two weapons experts said. [00:40:43] The CM302 missile is extremely difficult to intercept and it is known as the aircraft carrier. [00:40:51] Killer. [00:40:52] Nonetheless, if the CM302 were deployed along the Iranian coastline, it could hit almost any target anywhere in the Persian Gulf, in the Strait of Hormuz, and most of the Gulf of Oman. [00:41:06] Not surprisingly, the YJ 12 is defined as an aircraft carrier killer by the PLA. [00:41:15] Although its existence has been known for some years, there was initially very little information about the system or any photos of an operational version. [00:41:26] A sign that the PLA wanted to hide its performance parameters and maintain technological surprise. [00:41:34] Will the Iranians use the Chinese made missiles to try to sink one of the aircraft carriers the US has deployed in the region? [00:41:42] At the beginning of the war, there was a lot of talk that the USS Abraham Lincoln would be targeted, and so it was kept quite a distance from Iran. [00:41:52] But now these new missiles will allow Iran to strike ships at a much greater distance. [00:41:57] Meanwhile, We are being told that the U.S. is deploying some new missiles to the Middle East as well. [00:42:05] The U.S. CENTCOM has requested the long delayed Dark Eagle hypersonic missile be sent to the Middle East for potential use against Iran, marking the first time Washington would deploy the technology, the Bloomberg News outlet reported. === New York Record Audience (03:14) === [00:42:26] Let me add, John, with Russia on the one hand, Telling Trump that if he continues to attack Iran, there will be the most dire consequences. [00:42:37] And China supplying these aircraft carrier killing missiles on the other. [00:42:44] I think the United States would be well advised to accept the ceasefire as a permanent termination of hostility and get our troops out of the Middle East, lest we suffer far more dire consequences yet to come. [00:43:04] And we only start to see the beginning of this with the oil as this trickles out to other industries here in these United States. [00:43:12] I'm in the west of Connecticut near the New York border, and this particular town has the cheapest gas around, and it's about 410. [00:43:22] In fact, one of the stories had the average at 411. [00:43:24] So there you go. [00:43:26] You can't imagine what it is in New York or some of these major cities. [00:43:30] And that's not talking about food or other things you intimated. [00:43:33] And the only final thing I would say as we knock off here is. [00:43:37] For everyone to keep their sanity. [00:43:39] I mean, part of this is this tribulation, even financially on the personal level, is completely artificial. [00:43:46] That's part of the madness. [00:43:47] As Dr. Fetzer noted, oil is not dinosaur juice. [00:43:52] It's not this limited quantity. [00:43:54] And it can be maddening when people realize that a lot of these problems are completely artificial and they're meant to kick in a whole new way of life and an entirely new economy. [00:44:06] And just on the personal level, We all have to do everything possible to keep our sanity living in an insane world. [00:44:15] And those are my final comments. [00:44:18] Well, John, the situation is growing dire. [00:44:21] My wife and I went to lunch with family yesterday. [00:44:25] When we returned, the price of gas per gallon had gone up 30 cents, 30 cents just over lunch. [00:44:33] Trump's in a bad spot, and I'm worried that he doesn't have the wherewithal to do the right thing. [00:44:41] Multiple pressures are upon him. [00:44:44] But the fate of the world, alas, hangs in the balance. [00:44:50] Thank you for those sober words there, Dr. Fetzer. [00:44:53] For the audience, as we wind things down here, Dr. Fetzer's main site with the news and some very interesting articles appears now in the bubble as well as below, jameshfetzer.org. [00:45:04] And then for deeper study, we have this site here before you, moonrockbooks.com. [00:45:11] Plenty of things on JFK, 9 11, Newtown, George Floyd, and soon enough, Charlie Kirk. [00:45:19] Plenty of research there. [00:45:20] It's good to make that record. [00:45:22] So, to the audience, thank you for your patronage. [00:45:24] Thank you for picking up some of those books there at Moonrock Books and heading over to Apocalypse Stasis, maybe signing up for our newsletter. [00:45:31] And especially, Dr. Fetzer, thank you for your time this May 2nd, 2026. [00:45:38] My great pleasure, John. [00:45:40] Thank you.