You can visualize it you can better understand it so weve told you about all the different incidents that have been taking place here in the persian gulf over the last several weeks how volatile this this region right here has become of late its almost like think of it this way its like this area here its like a line of demarcation between 2 countries that hate each others guts they despise each other right so heres a saudi arabia on this side of the persian gulf right saudi arabia which needs United States protection here in the gulf which it offers which also needs United States protection here in yemen where its fighting a war right now let me show you the adversaries the other side right here is there were wrong as you can see right there which supports the actions in yemen that are at war with saudi arabia and also what can we say about iran well they want dominion of this. Area of the persian gulf and are trying to establish it with its navy so both iran and saudi arabia right you have iran and saudi arabia fighting for gemini in this region they both want to say we are the boss you know we are were controlling this situation but something something happened last year something that began to alter this a little bit let me show you another map so we can capture what were talking about here bring that in if you can. Here it is its these 2 dots essentially right here see these 2 locations that are not far from that last september of last year there was a bold attack i mean they hit them hard these are the famous aramco oil fields in saudi arabia one of them are kurds right here this is called and ill try pronouncing it but its a bouquet oak right here in this region and the other one occurred here in the region known as cool rises are 2 big giant Major Oil Fields they knocked out Oil Production for more than 2 weeks shut him down and there is reason to suspect that you know who was behind it iraq iran behind the attack so what happened saudi arabia turns to the United States after this incident and they say please help us United States so the United States sent them several batteries of Patriot Missiles and 2 jet fighter squadrons to defend these particular oil fields so guess what happened within the past week the United States says to saudi arabia sorry charlie were going to take those Patriot Missiles and the fighter squadrons back youre on your own because the saudis were Still Producing and shipping out too much oil causing the price of u. S. Crude to tank and all the businesses here were complaining to the white house the white house picks up the phone they threaten saudi arabia essentially telling them look you either stop producing or you going to lose the protection that were give. And then the white house did it wasnt just a threat President Trump told the protection so now guess what saudi arabia does guess what theyve just done they just announce that theyre going to reduce their output of oil again another 1000000 barrels a day right so essentially as i lay out the scenario for you you have to ask yourself who is the winner in all of this and who is the loser well the winner in all of this middle east experts is iran interestingly enough while theyre also saying that for the 1st time in a long time theyre seeing the the saudi veneer if you will showing signs of cracking let me put up another sign that kind of shows you what were talking about these are the signs that the saudis are hurting right. Boil demand down right nobody wants or oil because of covert 19 thats tough for a country thats basically a one trick pony economy right theyre forced to cut their production right they say that they will not pay for their own defense really. And iran is not letting up and now we had Something Else we have learned that its going to begin to tax its own people as we see here in the bottom of the kingdom is actually increasing its that its a value added tax which is what they call it there we dont have it here its a tax on consumers and businesses by a whopping 15 percent. Thats a situation something we havent seen in a while this is friction this is pain where there usually isnt any now how does this change that middle east dynamic thats were going to drill down on right here on the news of rick sanchez where we believe its time to do news again. Here we go with the list of the question. That we think youll be asking tomorrow after watching our us today is one of the worlds richest countries hurting now and how much was there really a technical error leading to the dismissal of the Michael Flynn case what do the u. S. And canada teaming up to mine from the moon no less. Lets get started though with this curious case of saudi arabia for decades now i dont have to tell you its fly and that saudi arabia has flaws that its world its worth on the world stage oftentimes to the point of seeming almost repugnant with the exception of iran countries big and small have treated saudi arabia like the us whatever you want you get whatever your watch it but come at 19 and circumstances have seemed to suddenly change that for the 1st time in like 4050 years weve expanded coverage on this story and were going to give them with our t. Correspondent john harvey. Saudi arabia like the rest of the world has been struggling with the coronavirus pandemic the kingdom of 34000000 people has more than 42000 confirmed cases and close to 300 deaths anough to hit the economy there hard as well so much so riyadh is planning on tripling its vats the value added tax on basic goods from 5 percent to 15 percent starting july 1st while also suspending the cost of living allowance to its citizens starting june 1st saudi arabia instituted the back 2 years ago as part of an overall plan to cut its reliance on the worlds crude oil market the cost of living allowance of 1000. 00 reales or about 270. 00 per month to state employees starting in 2018 to help offset the increased cost of the valley and a rise in the price of petrol now with revenues falling because of the current virus pandemic the kingdom is looking to recoup the money lost the countrys finance minister Mohammad Dunn said in a statement the measures are aimed. Helping put public finances in a position to support the economy as it emerges from lockdown adding quote these measures are painful but necessary to maintain financial and economic stability over the medium to long term and overcome the unprecedented Coronavirus Crisis with the least damage possible the question is how much damage these measures will have the most drastic action taken yet by a major gulf will produce or since the oil prices plunged more than half in march the International Monetary fund has projected that all 6 Energy Producing gulf states in the Gulf Cooperation Council saudi arabia kuwait bahrain cutter United Arab Emirates and oman will be an economic recession this year and as the g. C. C. States grapple with the Financial Outlook post pandemic saudi arabia is also planning to cut its Oil Production by 1000000. 00 barrels starting june 1st to reportedly further help support the Global Oil Markets coate and the u. A. E. Also planned additional cuts meantime the United States is removing 2 Patriot Missile batteries that had been guarding Saudi Oil Fields from iranian attacks and what was reportedly the fall out from the dispute over the Saudi Oil Price War with russia asked about the removal of the patriot batteries President Trump said this last week i dont want to talk about it but were doing some things were making a lot of moves in the middle east and elsewhere were doing a lot of things all over the world militarily weve been taken advantage of all over the world our military and. In this and that where and this is nothing to do with saudi arabia this has to do with other countries frankly much more u. S. Secretary of state my palm peo said the Patriot Missile battery which are all did not signal any decreasing support for saudi arabia nor was it related to the ongoing oil dispute between saudi arabia and russia pop aoe said the u. S. Still considers iran a threat it will likely be a topic of discussion but secretary pompei a meets with israeli of fish. It was this week in jerusalem where hes also expected to discuss as far as west bank and expansion plans and chinas control of israels haifa port for the news with Rick Sanchez John hardy. So what are you doing all you got is off suddenly nobody watches joining us maillard 2 perfect guests to discuss the topic of former newquay m. P. George galloway and their cottam as to noted professor Richard Wolffe professor im going to start with you what do you make of this sticky wicket that suddenly the saudi arabians of find themselves as well of 1st thing id say is that anybody who continues to believe in as secretary of state palmdale really needs to clean their ears and reopen their eyes to understand you have it right rick is in a very important to break in the relationship between the United States and saudi arabia they used to Work Together pretty well pretty consistently to make a lot of money for Oil Companies by moving the price up or down as needed now theyve had over flowing out of the United States in the leadership of mr trump wants to make sure and among the people doing the oil fracking and the oil business in the middle of our country from china in the north to texas in those and to do that in ca to get the price up and to get the price up the biggest producer of oil in the world is saudi arabia weve had a cold virus that worsens that simple law of economics to supply so far down that the price of oil goes up that is one too many people in the midwest the packers want our and thats what the Oil Producers one of fact little heard all along with our heating oil and our gasoline and the fertilizer producers will use the oil that comes later thats after the election the immediate job is wanted in. And its already. Or. In exactly the way you summarize its interesting and im thinking george i wonder. Are the iranians smart enough to newt to know this was coming and to kind of almost. In a malka vallely and fashion set this whole thing up as some are charging. Me. No i think they just sit back and watch the special relationship between the u. S. And saudi arabia begin to see it and whats happening. Professor wolf just said the special relationship doesnt look so special now the trumpet ministration has a mish saudi arabia quite severely here this is not just a token withdrawal its sending a big message to the world. For flooding the market with oil trying to destroy the oil and fracking oil industry in the United States and damaging the interests of the u. S. And multinational Oil Companies so you might see a saudi arabia was a trifle im grateful in doing that because the United States underwrites the very existence of saudi arabia and president was very blunt about it last year when he said publicly the the royal. Would he didnt put it that way wouldnt last 2 weeks of the american underwriting and that was brutal but true so i dont think iran has. But iran is clearly a beneficiary of it. Just. The rake still plenty of us how do our in the persian gulf the biggest us move it. And the whole world is next door to saudi arabia and qatar and as weve discussed before the persian gulf has struck a blow with American Naval hardware professor let me ask you economically speaking lets look at the long range picture here i imagine a saudis are saying eventually this whole thing is going to be over everyones going to want our oil again and were going to be top dog are they smart or are they right or wrong if theyre thinking that way. Well i think if you have probably carefully weighing the pros and cons of what might happen since none of us really know let me add another caution i mean production by a 1000000 barrels is not going to bring the price of oil because the problem is much bigger than that there would have to be much larger cuts bolton saudi arabia and in the other Oil Producing countries who are not at all in a position to do that. And so on and so i dont see if youre going to see mormon new jury as each side tries to get involved the least in order to get the most and saudi arabia is going to have to. Then were seeing now if thats going to be the way to fix describable and they are going to resist because its shaking up their own society its a really important story im so glad we had a chance to discuss it with with you guys i appreciate your time to both of you thank you very much theres still a lot more ahead this is that is the rick sanchez were so glad youre watching our special coverage of the be right back. Bank. Tower breed outbreed i turn on the t. V. On the about the world and whats happened in the around me i see shows on the screens but in last every day because the fake news narratives that they say they are too many cool things for luck build enough business with farm f. The bar brick by brick school is to make a plan have plenty off that in this war but i found a network that question science breakthroughs that space civil strife Climate Change stop a war because the implied lists all the mainstream wants to do is keep us quiet you watch the right you cant keep a silence critical points these cold perspective questions inside direct see if we dont take sides we walk the dog our t. V. America of means real talk. You cannot be both with the yeah youre right. Im holland cook i invite you to climb with me above the main stream media empire and from that higher fantods to glimpse the big picture question more. Did you guys remember space force well now President Trump has another plan for space this one is really if you just part of the pot out there. Well out there you know environmentalists often get angry in their opposition to things like drilling and strip mining in sensitive areas well how about the moon how about mining the moon is that sensitive enough for you perhaps some people are saying well why would we go there well maybe its a defensive plan as in you know the u. S. Defense but then you ask against whom right there are suggestions though you should know that there are still nazis hiding out there on the moon but then again thats just a movie you think the white house knows that. Either way here with more on this new play. It serious by the way is the toughest week. Mining the moon for materials is something on the white house agenda in the making the u. S. Is reportedly drafting an International Agreement called the artemis accord the main purpose of the pact is related to lunar mining in proposing safety zones which would separate a countrys moonbase from others this would ignite the groundwork for allowing ownership of mind resources the artemis accord it would also bypass the United Nations treaty process according to an anonymous source familiar with the draft according to the source this isnt some territorial claim the idea is if you are going to be coming near someones operations and theyve declared safety zones around it then you need to reach out to them in advance consult and figure out how you can do that safely for everyone there have been conspiracy theories floating around the far side of the moon already houses a secret base some say its nazis while others believe its aliens the movie iron sky depicts a theory of nazis inhabiting the moon with the hopes of taking over earth for these guys anyway now its a case from the moon. The outer space treaty of 1987 in which the us is a member prohibits military activity on places like the moon and also bans asturian and weapons of mass destruction the treaty does allow for peaceful exploration and use of space well the us has not yet share the draft with ally countries according to a media reports the us will not be sharing it with russia the report quotes Anonymous Sources saying the pentagon increasingly views moscow as hostile for making threatening satellite maneuvers toward u. S. Spy satellites in earth orbit the draft is reportedly named after nasa is new Artemis Lunar Exploration Program the goal is to get astronaut back on the moon by 2024 reporting for the news with Rick Sanchez Natasha sweet artie. I want to show you something take a look at this image. That you see behind that truck right there is the white house right and then theres that truck and about 0300 other trucks on constitution avenue there are independent truckers who are here for a protest and now youre about to see my colleague Michele Grange guy whos got this story covered for us michel take it away. Look rick dont let brokers kill the Trucking Industry keep brokers accountable for not paying Truck Drivers these are just some of the signs that im seeing here on constitution avenue behind me in front of me all along this street are over 100 trucks and truckers from all across the nation have gathered here in the capital with a very simple message they say theyre being charged such High Commission rates by freight brokers that some of them are actually operating at a loss they say some of the smaller trucking businesses are actually losing money while transporting essential goods during the coded 1000. 00 crisis and that some of them have already gone out of business now with these truckers want is for the trouble ministration to open an investigation into the fray procuress an investigation under the sherman antitrust act which says that corporations can collude with one another to do price fixing and the main thing they want rick is transparency take a listen to the order to investigate these Brokerage Companies are under the safe food habits. And have. Sort of federal regulations 49 c. F. R. Groups of 1. 3 that say that we as a carrier have the right to review the record of the transaction and the moment that that load has been safely delivered every overt company will not allow you to do that i read hundreds of thousands of requests from different carriers that state because brokers are going to say no you do not have that right even though its our federal right so these were these are Brokers Companies are a federal violation now and for these truckers price gouging isnt the only issue in addition to a need for covert testing and protective equipment many u. S. Truck fleets are seeing a decline in freight volume causing some of the smaller trucking company. To pull their fleets off the road entirely in and out of the epicenter every day with no hazard pay. And no p. P. It wasnt until 2 weeks ago that the eprom c. S. A. Started to have no p. P. Almost almost a month and a half after his mind ever began not only that rick but these truckers may be part of a Bigger Picture here while the stock market can be induced into rising by Companies Buying back their own stock the real economy depends on the movement of goods and in the United States trucking is a huge part of this so you may think this doesnt affect you but it can now on may 3rd trump tweeted in support of the truckers writing im with truckers all the way and its going to work out well but some of these truckers say that while he did tweet that its past time trying to do something about the price gouging that could put them out of business and that theyll be here for as long as it takes is a lot of injustices with trucking this coronavirus over. What were actually dealing with and what i would hear is that were going to. Play just so rick if these price gougers dont get regulated soon we may be looking we may be looking at months of this time kind of protests here in the capital back to you good story michel well well told well put together well researched thank you for giving us their perspective on this. And that amazing i mean these truckers are just a couple of blocks from your city and yeah i saw them on my way home last night and i started trying to look into the story michel went out there and put the story together sometimes you find news in the most curious places you just gotta look you got to learn those here in d. C. How sports news still a little harder to find as it is yes but were finding that out there and fight it for 2 months or so and youre doing a great job i knew i knew a very handsome like was a lot of hard stuff and i like the so thank you. N. F. L. Yeah n. F. L. So thats the big lets start there lets start with the n. F. L. So apparently they are now raising their debt limit each team typically has 350000000. 00 of debt. Limit so basically a credit line because depending on the valuation of the franchise but 500000000 is the proposed new debt limit increase that theyre going to do and these are typically used to if a team is building a new stadium for example the raiders moving to las vegas and building a new stadium of the rams building a new one but this is because of the loss of revenue from fans there is i dont play a whole season without fans which would be about 2300000000. 00 that they would lose but lets the n. F. L. As a league but lets take a look at some of the key points of this proposal that the owners are going to vote on may 19th so its basically 352500 1000000 now the reason it for each team and then 130000000. 00 in revenue from tickets from the game to a fan spending for each week played without fans they would lose full season without fans would be 2300000000. 00 as i said so that works out to about 71800000. 00 per team in loss now if they didnt have a season at all thats just from having the season without fans if they didnt have a season at all id be tens of billions of dollars they would lose in revenue so are they i mean they own the league this is a league where the owners own the league so its just basically a board room with a bunch of white guys sitting around saying how are we going to do this heres the plan its that plan its not like its going to the next level of somebodys going to vote on it or approve it right this is why theyre saying it will probably pass with flying colors next tuesday when the owners vote on this was the n. F. L. Executives or and the n. F. L. Were proposing this to the owners of course they Work Together like you said a boardroom of a bunch of rich rich white kids rich white guys who are the only people who set of fellows they will be passed away if you. Can you can we talk for i mean this is were on the n. F. L. About another rich white guy who does big game might be very aware of the quarterbacks especially in miami yeah course to a guy hes the quarterback of my dream he is he is so i criticize him next year. If we have it next year but you know apparently hes the number one i know youre pretty hype about him being the number one selling jersey passing tom brady now yeah f. L. But yeah he signed his contract so now he has a 30. 28 mil 1000000. Hours for 4 years with a 50 year option guaranteed but the big one is the 1000. 00 signing bonus signed so he gets he gets 19000000. 00 straight up pretty much as a signing bonus and then he gets 30000000. 00 over 5 years yes basically and its funny hes told us he thought at the time thats not so if you dont like that idea well yeah the problem is thats the biggest tax part of it and then what happens if it doesnt work out and where is the money going to be coming from 20 years from now the smart guys stretch that stuff out a little more but thats just an opinion but luckily its a for him its not common to have those guaranteed contracts its fully guaranteed for yeah its guaranteed contracts on the way to go but if you get injured in the n. F. L. Which happens a lot so yeah hes already been injured yes exactly whats going on with that so give us an update on whats going on in the other sports ok so the n. F. L. B. Of course yesterday we talked about now the owners proposing the revenue split 5050. 00 for the players if they do have a season in the n. B. A. But the players are now. The Players Association is to go shady now because they want to have their parade full contracts for the amount of games they play and not a revenue split because theyre expected to get a lot less revenue well see right here on crossing our fingers i cant wait to see sports again youll be so big part of our lives and that is to me to root for and get the cheer going right you can you know you can lead thank you well done thanks for that im rick sanchez thanks so much for being with us thats our news look for you know in the summer the news again you. Guys want more of my guide to financial survival this. Device used by professional scallywags to earn money. Thats right these hedge funds are simply not accountable and were just. You need to protect yourself and get in for a while because. During the vietnam war. There was a secret war. And for years the American People did not know. How much it is officially heavily bombed country per capita. Millions of unexploded bombs still in this. Country. Want i mean we have. To go. For the tragedy and. Built to the people. And a lot of people. They also said you can ever. Think about warren buffett. At this point because he says he doesnt like stocks. But his cash is about to go negative returns. Going to be losing money i. Would never own and i would never own. Warren buffett at this point. And hes out of pride hes going to stick on his negative interest. And he wont buy stocks so hes already underperformed the s. And p. For 15 years. Hes going to his career as basically a glorified money market around. That everyone will just forget it