Go back

This Leak Is Insane...

11m 1s

This Leak Is Insane...

Donald Trump announced a sweeping oil deal with Venezuela, claiming it would provide massive U.S. oil reserves at no cost to taxpayers and lower gas prices. However, the deal raises serious red flags: no private partners are identified, and there is no evidence that the $13 billion in oil revenue has benefited Venezuela, whose economy has worsened. Democratic officials warn that the deal risks endangering U.S. troops, violates international norms, and reflects a pattern of corruption tied to Trump’s political network. A poll reveals deep Venezuelan skepticism about Trump’s intentions, with most citizens unsure or critical of his actions. Critics argue the deal represents a war crime through the pillaging of a sovereign nation’s economy. Meanwhile, Trump’s family has reportedly amassed significant wealth, raising concerns about self-enrichment at the expense of working families. Despite Republican celebrations, the narrative is deeply contested, with credible evidence suggesting the deal lacks transparency, accountability, and public benefit.

Transcription

2110 Words, 12374 Characters

English
Well, folks, Republicans are jumping up and down with joy over this post that Donald Trump made last night, his newest announcement. It's the Republican Party's newest pet project, the new shiny keys that are being dangled in front of their face that they're very entertained by. Trump has announced this new historic agreement with Venezuela to take over tens of billions of barrels of oil and bring them to the United States to fill our reserve, which is incredibly depleted right now. But Trump is framing this as a good thing. Republicans are framing this as a good thing. It's something to celebrate, but there's more to the story, of course. As there always is, there's nuance here, there's context here that I think people have to keep in mind. Republicans are overlooking it because, of course, they are. But others like Democratic senators, Democratic officials are raising the alarm about this deal. So we're going to talk about all of it and more in this video. But first, please make sure to subscribe down below, drop a like on the video, comment. Let me know what you think about this story. We're here every single day covering the insanity of this administration and your support keeps the show running and your support is greatly appreciated now. Let's get into the statement. So Trump posting breaking news last night, August 28th at 6.47 pm, just kind of dropping it out of nowhere. Breaking news. The United States of America has just entered into an agreement with the country of Venezuela on the biggest oil deal in world history. At my direction, Secretary of State, Marco Rubio and Secretary of War, Secretary of Defense, Pete Hague, Seth, working closely with highly respected interim presidents of Venezuela, Kelsey Rodriguez, and through a partnership with private business, okay, who are the private businesses? That's a question. Have secured majority US control of more than 65 billion barrels of proven oil reserves in Venezuela at no cost to the American taxpayer. This historic transaction more than doubles. American oil reserves greatly increases our oil supply and will substantially lower gas prices for all Americans long into the future while helping to continue to set Venezuela on a course toward tremendous success and great prosperity, which really seems like the opposite is taking place here. This transaction will greatly strengthen the already growing relationship between Venezuela and the United States. Thank you for your attention to this groundbreaking matter. So it seems like Donald Trump is pillaging Venezuela of one of their largest exports taking control of it. They don't get anything in return and they're kind of screwed. Venezuela is a poor country. They've been hit by devastating earthquakes in the last year. They're rebuilding still and Donald Trump is just like taking their biggest export. They're taking their wealth essentially and bragging about doing it now. I think a good rule of thumb with Donald Trump, whenever he announces these groundbreaking agreements is take it with a grain of salt, right? Every time he's announced a piece deal with Iran or an ideal to open straight of hormones on social media calling it a historic agreement, it always falls through. He's saying there's no cost to US taxpayers. We're just taking over these barrels of oil without any consequence to us. That's probably not what's happening here. There's probably more to the story. But a concerning post to begin with, if it is out as he's describing it and democratic officials are calling them out. So for example, Senator Chris Van Hollen saying, let's be clear, this isn't a win. This is proof Trump put our service members at risk to get Venezuelan oil for his billionaire buddies putting our soldiers' lives on the line for private profit is a gross dereliction of his constitutional duty, which seems to be the case. I mean, he kind of said it right here, which I'm not exactly sure why they would admit to this. It looks pretty bad. But they're saying through a partnership with private business, who are the private businesses? And why don't you check who those CEOs and those owners have donated to politically because I guarantee I'd put, you know, a bet on it that these people have donated to the Republicans or Donald Trump. It's just something to keep in mind as this deal works its way through when we learn more about it. Here's Senator Tim Cain saying, now we see why Trump invaded Venezuela, removed the dictator Maduro, but kept his VP in power while blocking opposition leader and Nobel laureate Maria Carino Machado from returning home and delaying all talk of elections. It's so the United States could control Venezuelan oil in violation of its constitutions. Will prices come down for Americans? Who knows? But likely not as much as Trump has forced them up through his idiotic Uron war, which is absolutely the case. But here's a guarantee. This will pad the pockets of Trump family and big oil companies and delay transition to cleaner energy, bottom line, using our troops for private oil grab is corruption at epic scale, which is exactly right and well put by by the senator. And you know, Venezuela is suffering still because of Donald Trump. This is a new article Venezuela after Maduro oil is flowing again, which it is democracy is still waiting seven months after U.S. forces captured Maduro, Venezuela looks transformed on the surface. Washington is back in Caracas, sanctions have eased oil exports have surged and international lenders are returning. But Maduro's former lieutenants remain in power hundreds of political prisoners are still behind bars and no free election is in sight. So what has changed not much is the answer Donald Trump has said he's going to change Venezuela, make it this amazing country, everybody's going to love him. But the Venezuelan people are not feeling that a new poll has found that Venezuelans are losing faith in Donald Trump after the devastating earthquakes and he pretty much didn't do anything about it. He's taken all their money, he's taken their oil and leaving them out to dry a new national survey conducted in the aftermath of the devastating earthquakes. Suggest the disaster has not only deep in public frustration with the government's response, but may also be reshaping Venezuelan attitudes toward Donald Trump. The poll conducted by Venezuelan firm Meg and Nallilis, hopefully I'm pronouncing that correctly, probably butchered and I'm sorry, between July 18th and July 28th found widespread disappointment confusion and indignation over respondents, what respondents described as continued U.S. support for interim president Delci Rodriguez and other senior members of the governing establishment asked whether they believe Trump wants what's best for Venezuela. 22% answered yes, 21% answered no, and 58% said they did not know or declined to answer, which is not exactly the numbers you want to see in Venezuela if you're like taking it over and you know, hoping to get support from the people. But here's the big question now. We know that Donald Trump is striking this deal with Venezuela, some deal, I'm sure it's not exactly how he described it, he's working with private businesses to do it. Where's the money we've already collected from Venezuela? We've collected $13 billion from Venezuela around their oil and we have no idea where that money is. So the question kind of remains that where did this money go? Check this out. The Trump administration has raked in about $13 billion after taking over Venezuela's oil experts in the wake of its kidnapping of President Maduro, according to the financial times. But six months later, and one month after two devastating earthquakes, that money is nowhere to be found. Trump first sees the millions of barrels of oil back in January, he assumed complete control. His administration eventually proclaimed that it would use any profit from the sales for the benefit of the American people and the Venezuelan people. The State Department has since claimed that billions of dollars have been dispersed to the Venezuelan economy and that financial monitoring is underway to ensure funds benefit this Venezuelan people. But none of that has proven to be true. The Financial Times reported Wednesday that there has been no evidence of oil money going back into the hands of Venezuelans that Trump claimed to care for, and that Venezuela's first quarter gross domestic product was the lowest it's been in five years. Trump's invasion of Venezuela has been about oil, power, and graph from the very beginning, with billions of dollars in Venezuelan oil revenue being controlled by the Trump administration without transparency or safe guards said Democratic Representative Joaquin Castro. It seems clear the most corrupt president in history is withholding oil revenue from Venezuelans who badly need it as oil makes up nearly a quarter of the country's entire GDP. And now we're taking over $65 billion of, excuse me, $65 billion barrels according to Trump of Venezuelan oil, which is likely to make that issue much worse. And I don't think it's crazy to assume that Donald Trump may have pocketed some of the money. I really just don't. Given his history of corruption, given this new report that we're getting, I don't think it's crazy to assume that Trump has done something malicious or nefarious with the money that he's gotten from Venezuela. I mean, we don't know where it is. There is no money tracking. There is no money monitoring as they claimed. I mean, take a look at this. A prison firm donated to Donald Trump's pack after ice gave it a $165 million dollar a year contract. That's a lot of money. And then they donated to Donald Trump. This is a pattern of corruption with Trump. It wouldn't surprise me if that corruption continued with Venezuelan oil. And I imagine that it is very likely to continue with this new deal that he has struck with them. That representative Garcia kind of breaking down the corruption. It is so disgusting. It is enough to make your skin crawl. And given this pattern again, wouldn't surprise me if it continues in Venezuela. Now while these policies hammer every single working family in the United States, the president and his family seem to be only out for themselves. He's enriched himself by $2 billion in just 12 months. Now Jared Kushner got a $2 billion dollar investment from the Saudis just months after leaving the White House in the first administration. We know the present sons are opening properties across the world, making money from crypto schemes, and in fact, we know that Don Jr. is actually sitting on boards of companies that are going into contracts with the federal government and the Department of Defense. $2 billion richer the president is now. And look, I think all of us believe that when you work hard in this country, you should be able to get ahead. But the president is getting ahead at the expense of working class people, and that needs to end. And while the American people struggle, it seems that the president is really just focused on one thing. And that is these monuments in Washington, D.C., a $14 million reflecting pool, demolishing that possibly the Kennedy Center and putting his name on it, and arched across brought some Arlesy National Cemetery that is dishonor to the veterans who are there. This is someone that's obsessed with himself, his vanity, and someone not focused on the American public. Well put, well put by Representative Garcia, and just as a heads up, it pillaging, which is kind of taking over an enemy country's entire country economy and all that stuff, is a war crime. You know, not that Trump cares about war crimes, not that he would learn this and suddenly be dissuaded from doing this deal, but it is something to keep in mind because it seems like that list is kind of racking up a little bit. You know, we have a lot of war crimes taking place around the world at the hands of Donald Trump. So something to keep in mind. But look, there's a lot more of this story, Republicans are celebrating it. They love it. They think it's great. I don't know. I don't know. I will leave the video there. Thank you so much for watching. Please make sure to subscribe down below, drop a like on the video, comment. Have an amazing rest of your day, and we will talk soon.

Podcast Summary

Key Points:

  1. Donald Trump announced a "historic" agreement with Venezuela to secure over 65 billion barrels of oil at no cost to U.S. taxpayers, claiming it will boost American reserves and lower gas prices.
  2. The deal is framed by Republicans as a major victory, but Democratic officials—including Senators Chris Van Hollen and Tim Cain—raise serious concerns about U.S. military risks, transparency, and potential corruption.
  3. There is no clear identification of private businesses involved, and allegations suggest these entities may have donated to Trump or his allies, pointing to a pattern of political favoritism.
  4. The $13 billion in oil revenue collected after the 2019 intervention has not been independently verified as being returned to Venezuela, and Venezuela's GDP has declined, indicating possible mismanagement or misappropriation.
  5. A recent poll shows only 22% of Venezuelans believe Trump has their best interests at heart, with 58% uncertain or unconvinced, reflecting deep public distrust.
  6. Critics argue the deal violates international norms and constitutes a war crime due to the unauthorized takeover of a sovereign nation’s economy.
  7. Trump’s administration has been accused of enriching itself—e.g., Jared Kushner’s Saudi investment, family crypto ventures—while working families face rising costs and economic strain.

Summary:

S. oil reserves at no cost to taxpayers and lower gas prices. However, the deal raises serious red flags: no private partners are identified, and there is no evidence that the $13 billion in oil revenue has benefited Venezuela, whose economy has worsened.

S. troops, violates international norms, and reflects a pattern of corruption tied to Trump’s political network. A poll reveals deep Venezuelan skepticism about Trump’s intentions, with most citizens unsure or critical of his actions.

Critics argue the deal represents a war crime through the pillaging of a sovereign nation’s economy. Meanwhile, Trump’s family has reportedly amassed significant wealth, raising concerns about self-enrichment at the expense of working families. Despite Republican celebrations, the narrative is deeply contested, with credible evidence suggesting the deal lacks transparency, accountability, and public benefit.

FAQs

Trump claims the U.S. has entered into a historic agreement with Venezuela to gain control of over 65 billion barrels of oil at no cost to taxpayers, doubling American oil reserves and lowering gas prices.

No, there is no verified evidence of such a deal. The announcement appears to be unconfirmed, with no details on how the oil control or financial arrangements will be implemented or monitored.

Democrats argue the deal involves U.S. military risk, private profit for political allies, lack of transparency, and potential corruption, including the misuse of Venezuelan oil revenue.

The private businesses are not identified, but critics suspect they are linked to political donors, raising concerns about conflicts of interest and possible corruption involving Trump allies.

There is no public evidence that the money has been distributed to Venezuela or the public. The State Department claims it was dispersed, but financial tracking shows no tangible benefit to the Venezuelan people.

A recent poll shows 58% of Venezuelans are unsure or don't believe Trump has the best interests of Venezuela in mind, reflecting widespread disappointment and lack of trust.

Chat with AI

Loading...

Pro features

Go deeper with this episode

Unlock creator-grade tools that turn any transcript into show notes and subtitle files.