Friday Wrap-Up with Bob: March 13, 2026 (Transcript)

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Hi, Bob Barney for the Plain Truth today brought to you by theplaintruth.com and it’s Friday wrap-up again for Friday the 13th. Yes, Friday the 13th. We went over this last month.We had another Friday the 13th and 13 is a very lucky number if you understand what the Bible has to say, the identity of who the United States of America is. We are the 13th tribe of the house of Israel and you can go to the Plain Truth and you can find the research about that under our literature section from the main page of theplaintruth.com and understand that the number 13 is not unlucky. It’s actually the number of America, which also proves that America is, yes, is the Israel of your Bible.The most mentioned name of a country in your Bible belongs to the United States of America and to a lesser extent, Great Britain. But getting onto the first topic of the day and a really important topic, of course, is the one about what’s going on in the Middle East with Iran, the United States and the Jewish nation called Israel that has attacked Iran now for somewhat 14 days. And contrary to what we’re being told by our media, it does not look like we are actually winning the war.I’m not saying we’re not going to annihilate them and they are not going to capitulate, but it does not look like it’s happening. And what bothers me is when you’re listening to our people, Secretary Hegseth and Donald Trump and other administration people, they seem to act like if they declare victory, then we have victory, even though the same people stay in power. If this snake is not beheaded and killed this time around, they’re just going to come back and do more harm.Remember, there are some 1,500 sleeper cells supposedly in this country that Iran at any moment could turn loose on the American public, on American businesses, on America infrastructure, and it could be a major, major problem. These people have to be destroyed. This morning, you listened to a Richard Nixon interview, and I’m going to play a little bit here as well in this program if I have time, so you will be baited to go back and listen to what Richard Nixon had to say.I keep saying that the problem with this Trump administration is we do not have adults in the room. And Donald Trump needs some advisors around him willing to stand up to his ego and willing to tell him when he’s wrong, and we just don’t have that. And so I believe there are plans being made with this war with Iran that have not been thought through.And I’m going to play right now a thing from, it was Bloomberg TV about what’s happening, and you tell me if this is not a reversal of the Trump plan of what he was going to do. Sports, the other thing that Trump says he’s considering is waiving oil-related sanctions. We know he had a call with President Putin as well.How much difference would that make if he’s talking about Russia sanctions? It has made a difference already, actually, because one of the things that’s happened in the last week is that the US Treasury granted a waiver that allowed India to buy Russian oil again without being sanctioned. That had actually been a big problem for Russia because India had been a big, big customer. Refiners were avoiding them to some extent, and that had really made Russian oil unwanted and cheap.There’s lots of it on tankers now. India’s able to buy it. So actually, it’s been quite an important pressure valve to the market as it works through this crisis.Why, I would like to ask right now, why is Donald Trump so worried about helping the Russian economy? First of all, we have $100 oil for the first time in four years, right? Who does that help? Does that help the United States of America? Well, maybe a few oil companies here. Does it help the United States citizens who voted for Donald Trump? Does it help inflation? Does it help people’s jobs? No, it helps the Soviet Union, or Russia today. They’re not the Soviet Union.They help Russia. They are giving them money that they could not get. We were starving them through the sanctions, and now this Donald Trump, who got really mad at India for buying oil from Russia, put all these sanctions on them, all these tariffs on them.Now he says, buy from Russia. Do you think there’s a mixed message here? We want to support the country that has given the intelligence to the Iranians to kill our soldiers. Some eight soldiers now are dead.140, which was kind of hidden from us, has been wounded already in 12 or 14 days, and we’re going to support that government, Russia, who’s causing this. Let’s go on with this report. The sanctions were to be waived for longer and more extensively.It wouldn’t bring an awful lot more oil into the market, but it would make it easier for people to buy Russian oil and reduce some of the frictions in the market. So yes, it could make a difference, but it’d probably be a little bit marginal. Good for Russia, though.Exactly. It seems like it’s good for Putin in the war in Ukraine, but not so good for the global oil price. I think that’s probably a fair summary.Well, thank you very much, Will Kennedy, joining us with the latest on the oil market. Let’s broadenthe focus and bring in our Markets Live executive editor, Mark Padmore, who joins us now. Mark,the market seems to want to believe that it could join the dots between what we heard from President Trump and the end of conflict, more passage through the straits of Hormuz.Not entirely clear how we do that, but risk appetite seems to have returned to some degree this morning. How would you assess the market outlook from here? Yeah, risk appetite has returned exuberantly. I’m certainly struggling to join the dots, Anna, this morning.I think if you’d said, say, last Thursday, that, you know, look, as of Tuesday, it would look like the strait is still closed. It would look like we’ve not had any SPR release of oil. It would look like Trump had said the conflict’s probably going to last another week, even if it’s nearing the end.Well, I want to say one thing. I want to break in here and say this before we finish this take from Bloomberg. Turned out this morning, researching the show for tonight, I found out that the only ships that are allowed through the strait of Hormuz by Iran are Iranian oil tankers that are sailing for China.No other oil tankers or no other ships are moving through the straits, except oil tankers that are going to China for oil that the Trump administration has allowed to go through. Now, it doesn’t seem to me that not taking away the income from Iran is very smart, and then helping China that’s supposed to be the one you put all these tariffs against, which hurt businesses like me, all of a sudden they get oil, but nobody else in the world can get oil, and we’re going to let China get oilfrom Iran, and so Iran can have more money to build more missiles to kill American soldiers. Does this policy make any sense? That’s all I’m asking.Is it rational policy? Because I believe we’re going to play after the commercial about the plain truth in a little bit. We’re going to play some Richard Nixon. When I said about adult semen in the room, probably one of the smartest geopoliticians we’ve ever had in this country.The man, I know a lot of people want to think he was just crook, and he was this, and Watergate, and all. Richard Nixon was probably the most intelligent foreign relations expert in the world in his time, and the things he was able to do in the time he could do it without a Congress on his side. He had an all Democrat Congress.People forget this, but what he was able to do geopolitically. Remember what he did with Iran.Believe it or not, when he was president, Iran was our best partner in the Middle East.Maybe some people would say a better partner than Israel was, but getting back to this broadcast here about closing down the Strait of Hormuz and what it’s going to cause. We’d be told that the son of the prior Iranian leader was now the new leader, i.e. no regime change. I don’t think most people would expect stocks to be traded where they are now.I think they’d probably say, okay, it’s fine where oil prices are. They might expect them a little bit higher than they are now. There’s about a 35% premium in oil prices relative to the previous year’s average.I think they would expect maybe a little bit more, but that doesn’t seem out of order. I think rates have probably overreacted in the short term to the oil price move, but that’s in context to where they’re positioned for, so that’s fine. FX moves have been logical dollar strength, EM weakness, but another two carried away.I think the bit that stands out is the stocks have been very resilient so far, and even though I am overall very bullish for 2026, I am surprised they’re quite so resilient in the short term, and that’s the asset that seems the weak link to me. Mark, haven’t stocks called this one right? This is a president now who has signaled he wants an off-ramp, and that is the clear takeaway for markets. Yeah, I think that is definitely a very valid way to look at it right now.The bit that I slightly question is that, you know, to go running with your idea there, Tom, is that the idea that stocks traders who said it’ll be a taco from Trump means, you know, basically ignore this. But have we really had a taco from Trump? I mean, we haven’t had any concrete steps. The war is ongoing.Missiles are still firing through the air. Drones are still being intercepted. We’ve not had the SPR release.We’ve still got more to do. So we’ve not had an action of taco, yet, yes, we’ve had the move on the waivers with Russia. We’ve had a few little minor exemptions, but overall, we’re still ongoing.So that’s why I’m a little bit suspicious in the disconnect with stocks. And when we come back, I’m going to replace some of the programming that was on this morning with Richard Nixon on his view of the Shah and of Iran and why what we are doing today would have never occurred if Richard Nixon was not removed as president number one, or better yet, if he was still president in 1979, instead of Jimmy Carter. We’ll be right back after these words about theplaintruth.com. theplaintruth.com is the place to go to, to understand today’s news, what God has to do with it, if anything, what you need to know for you and your family, and what the future portends for everyone.Because the Bible is a, not only a history book, not only a book of God’s letter to you, but also a prediction of what your future and the future of this world is going to be. You find that by going to theplaintruth.com every day, where you have a message board, you have Your Help Today, and you have these podcasts. Sometimes it’s me, sometimes it’s other voices, but it’s always news that you don’t find in one place anywhere else.That’s theplaintruth.com. Go there every day. You will not be disappointed. And we’re back.And I wanted to get into this Nixon interview right now that we played this morning. So I tell you right now, if you want to listen to the whole thing, and I think it’s only 15 minutes long, go back to this morning’s 7 11 a.m. show and listen to what Richard Nixon had to say about the Shah and about Iran and about the mistakes were being made when he was being interviewed, especially by Jimmy Carter, and how you never negotiate out of weakness. Let’s look at the Shah for just a moment.I’m looking at it very fairly. He actually was a progressive, a progressive in a number of ways. He instituted a land reform program.He instituted a literacy program. He sent thousands of students from Iran to the United States, and particularly the United States, to study and in other countries as well. He liberated women.The irony was that those he liberated, the women and the students he sent abroad, they came back and joined the revolutionary forces. And the irony was that the being progressive was attacked as being reactionary and conservative on these particular issues, whereas his opponents were the reactionaries. Putting it very bluntly and very simply, the Shah was trying to move Iran into the 20th century.His opponents, Khamenei at all, wanted to move Iran back into the dark ages, and that’s what they’ve done. Now there was some repression, true. Now there is total repression.There may not have been enough land reform. Now there is none, whatever. What I am simply suggesting is this, that when we look at the Shah, we have to look at him in terms of what he confronted.He confronted revolutionary forces there that were not working, in my view, for what was best for Iran and certainly not best for ourselves. So let’s go on and listen to a little bit more of this interview about Iran in the 1970s and who was a friend of Israel and what Jews in America were not necessarily the right friends for Israel or Iran. He could not understand why it was that among his critics in the American media, there were some Jewish background, not all, but some, who were among his most violent critics because they were liberals and they thought he was too reactionary in the rest.And he just couldn’t understand that because he was the only friend that Israel had in that whole area of the world. The only friend that Israel had from all the Muslim countries and American Jews were against him. Just think about that for a second.Then I’m going to play the last thing with this interview with a Jew. And it’s from this morning’s take with Barbara Walters, Barbara Wawa, and Richard Nixon could hold his ground because he was an intelligent man. If you like a man or not, he knew what he was talking about.Mr. Nixon, America has been criticized for abandoning friends like the Shah, whom you strongly supported, and you’ve criticized our abandoning him. But isn’t the danger just as great in sticking with regimes that have lost the support of their people, like the Shah, like Somoza, like Ian Smith? Again and again, it’s said that we back despots and dictates. I couldn’t disagree with you more.What you have to understand is that the choice was never between the Shah and somebodybetter, but between the Shah and somebody infinitely worse. We don’t know that in the beginning. Well, the point is, if we didn’t know it at the beginning, we better know it now.We have friends all over the world like the Shah, and we have friends, for example, in Saudi Arabia at the present time. Because that government happens to be corrupt in this claim, are we going to abandon them? Let’s take China, for example. Because China is more Stalinist than the Soviet Union, are we going to say that we’re going to abandon them? No.Don’t we ever say, this man is no good for this country, this man is a dictator, this man is a despot, and maybe it could be better, or do we automatically assume it won’t be? We do not automatically assume anything. We have to use our influence and use it effectively, but it’s got to be used with a rifle rather than a shotgun, and we must not jump from the frying pan into the fire. It was a great mistake to do what we did with the Shah, and if that had not happened, we wouldn’t have the hostage situation today.That is the absolute truth. And we wouldn’t have the hostage situation of 46, 47 years ago. We wouldn’t have the situation with Iran today.We wouldn’t have lost all these 30,000 plus people all over the world through terrorist attacks or the 100,000 probably in Iran that’s been killed by this government. We want to sit around and we want to put our style of government on countries that cannot become democratic. They do not have it in their religion, they do not have it in their culture, and sometimes you need a constitutional monarchy, and it keeps those countries, for the most part, a lot better friends than a radical clerics that replace them.And Richard Nixon understood that, and unfortunately, we have no adults in the room today that can understand the principles of geopolitics, and it’s something that’s going to bite America in the butt. Richard Nixon, if you listen to this program from this morning, he will also say why it’s so important to always be true to your allies and to your friends and how you can never cut them in the back. They always have to depend on you, and if they fear they cannot depend on you, then they will not trust you, and they will start making decisions that is not in America’s interest.And that is what Donald Trump has done with the allies of the world. He has really gone to war with Greenland, he’s gone to war with Denmark, he’s gone to war with England, he’s gone to war with Canada, he’s gone to war with Western Europe, and these are the people we need, like it or not, for not only products and goods, but for allies. Do we want to send American troops everywhere, or do we want to send other nations’ troops as well? And what we’re doing, we’re really standing alone here with Israel, and it’s not good diplomacy, and it’s not good leadership, and I’m not sure if we’re going to pull this thing off in three to four weeks, but I’m really beginning right now to think this is not going to be a very good successful ending to the Iranian situation.They are still shelling boats, they are still shutting down the straits, they are still rocketing Israel,they’re still killing American soldiers and wounding them. And air power, as I’ve said in last week’s Friday program, air power is never the answer. It’s never the answer.Because you have to have boots on the ground, you’ve got to send in troops, like we did after, you know, when we dropped bombs on Hiroshima and Nagasaki, but we didn’t let Japan be by themselves, did we? No. General MacArthur landed about a week later into a country that many people thought would capture him because they were totally defeated, and he landed in there to run that country with an iron fist, total dictatorial powers, with American troops that would come in afterwards and had to have boots on the ground. We did the same thing in Germany.We had to. You have to be there and make sure those radical elements don’t raise their ugly head and change and ruin everything we fought World War II to do. The people that Donald Trump makes fun of are the people like Dwight D. Eisenhower and Douglas MacArthur.They knew what they were doing. They were adults in the room. They had a plan, and like it or not, the plan worked.Did it not? Do you see? I know Japan and Germany are probably becoming our enemies again because the Bible says so, but it’s going to be our fault, and it’s worth seeing what Donald Trump is doing right now. It is our fault, and we need to realize if we want to slow down biblical prophecy a little bit, we need to make friends around the world and not constantly make enemies around the world and then change our ways. One of the things that bothers me, and we’ll maybe talk more about this after the break.I’m not sure if I want to go all the way into it, but some of the corruption that is surrounding the members of this administration is starting to become very troublesome. The idea that members within the administration go on that sports betting site and bet to the minute when America would attack Iran, and if somebody in the White House won $1.5 million, maybe they had inside information. Maybe that’s a crime.Then you have all of this manipulation of the stock market, manipulation of the oil market. Just think, perhaps if somebody only knew a week before we were going to attack Iran, and of course, they made $1.5 million by guessing the right date right to the minute. Well, what happens if that same person started to buy oil at low prices and knowing it was going to go over $100 a barrel and then sell it, and then you say the war is over within the barrel, oil goes back down.But then you have your Secretary of State come out. I’m sorry, your Secretary of War, which is really the Secretary of Defense, because only Congress can change the name of that. But you have him come out and say, oh no, the war is not over with.It’s going to go on until we win. And so what happens? Oil goes back up to $100 again. So they sold it high, they bought it again low, and now they’re going to sell it high again.Do you think people are making money off of this war, off American blood and treasure? Well, I’m afraid they are. And it’s not just these evil business people out there. I think there’s a lot of insiders on the Republican side of the aisle, the ones that always made fun of Nancy Pelosi.I think they’re doing the same thing. And I think it’s a tragedy. I’ll be right back.Quickly, I want to talk about theplaintruth.com, the source to go to every day to find out what’shappening in the world and what it means for you and your family. You got the message board,you got these podcasts, you have the main page of The Plain Truth, and you also have Your Health Today. That’s theplaintruth.com. Go there every day.Well, we’re back for the final wrap-up, and we’re going to try to get into what’s happening this weekend as well. But I want to also update, you know, we talked about in the beginning, and I kind of lost my train of thought, but I do these live. But the terrorist attack that happened in Michigan and in my own, you know, my back door here, Norfolk, Old Dominion University, if anybody thinks that these are not the sleeper cells coming to life at the behest of Iran, then you need to buy that bridge in Brooklyn again.I know the administration don’t want to talk about it. The news don’t really want to talk about it. But anybody that knows anything that this terrorist attack in both locations are probably two of the maybe 1,500 or more sleeper cells that are located through the United States.And if this war continues, I think you’re going to see a lot more deaths like what we just saw over the weekend. And thank God, by the way, the ROTC students at Old Dominion killed the guy, stabbed him to death. He deserved it.And the security forces at the synagogue in Michigan, they also was able to kill the guy, neutralize him and save many, many lives probably because of it. But it just over and over again, we got to watch out what’s going on with these open borders that Biden had. And unfortunately, our eyes was not focused on getting rid of the real bad guys.We were too busy getting rid of the gardeners and the carpenters. And I think a lot of this is going to hit home. I really do.And last thing I wanted to get on to before we do the what’s happening over the weekend is the economic data came out today. And it was horrendous, absolutely horrendous. And all I can say is inflation now is running at 3.1%. Remember this 3.1%. This report is out for the quarter of 2025.I was saying on this program time and time again, that all of the information you’re getting from these from this White House and from these business channels are lies, that the economy was in bad shape going in to November, December, and the sales for Christmas time was not what they said they were going to be. And they have ignored everything. But it turned out economic growth was way slower than expected in the final three months of 2025.And core inflation rose to a staggering 3.1%. This is before the war. This is before the gasoline prices. I have been predicting this.And I have been saying, where is the truth in this economic reporting? Gross domestic product, a measure of all goods and services produced across the United States was at a annual rate of only 0.07%. That is way below what Biden was doing with his awful economic policies. I’ve said over and over again, that Trump 2.0 is democratic strategy. And we know democratic strategy in economic government doesn’t work.And it’s not going to work for Joe Biden. It’s not going to work for Barack Obama. And it’s not going to work for Donald Trump trying to act like a Democrat and not a Republican conservative.This is not conservative to have a $39 trillion debt and keep going further and further in debt to do nation building that he said he wasn’t going to do. As I said in the beginning of this broadcast, I am not against what we’re going to do in Iraq. I mean, Iran, if we complete it.But I have a strange feeling we’re going to cut and run like we have a lot of other battles before. And Donald Trump is going to do the same thing that so many other people did. The first revision of the GDP, by the way, was a sharp step down from previous estimate of 1.4%. And when that came out, I said that 1.4% was baloney numbers.And now we find out they were. And they welled up below the Dow Jones consensus saying there would be 1.5% or 1.6%. And I knew that was, was absolute nonsense when I first heard it. It’s again, what happens when you just simply are not being honest reporters, you’re maybe you’re afraid of the Trump administration, or I don’t know what you’re afraid of.But people are not reporting the plain truth except here of what’s going on in the economy in the United States. I’m sure you know, if you’re listening to my voice, the economy stinks. But you might think if you listen to the news, or you listen to the business channels, it’s only you that have a problem.The rest of the United States is doing great. Well, it’s not. Trust me.Well, that’s the Friday wrap up. And it’s it’s each Friday, sometimes gets a little more depressing. But I do want to briefly because we’re right out of time go over what’s going to be this weekend.I don’t have the Sunday show like usually pointed picked out yet. It might be Mark helper. And again, he has a very good weekly wrap up on Fridays and his Friday show Friday evening show, we might put that up.But tomorrow morning, remember, tomorrow is the Sabbath day, contrary to what so many Christian religions want to try to tell you about Sunday. There’s only one day that God sanctified as the Sabbath day, and that is what we call Saturday, named after Saturn, and not a godly name. But tomorrow is the Sabbath day.And every Sabbath day, seventh day of the week, we have a 711 am religious type programming. Sometimes we have governor Tom strong. Sometimes we have some of mine.Sometimes we do, which we usually do play some kind of a video on biblical topics or historical finds or just things of interest to have to do with the Sabbath, or with God in general, that 711 am tomorrow morning, then tomorrow evening, it’s our entertainment of the week show 711 pm, we usually have a short story, or a short TV show from the past or a mystery. Sometimes we have a movie the week we had a movie on. But tomorrow night, we’re going to have another full movie.And tomorrow morning’s am show is the James King James version of the book of Esther read by Alexander Scorby, the voice of voices when it comes to that, and it will be in the old King James version, but it’s the entire book of Esther, I believe it’s about an hour and 16 minutes long. But you can listen to every line of the Bible. There’s nobody’s putting anything in but what’s written in the King James version, as read by Alexander Scorby.But tomorrow night’s movie, which is I think two hours is Esther, the full movie, I believe that was from 2010. And it’s the movie about Esther. And it’s very timely.It’s why I chose it for this weekend, because Esther is the story of the Jewish people, not Israel, but the Jewish people in Persia, modern day Iran, that was saved by a miracle from God, and by Queen Esther. And it’s very fitting, because a Purim was when the attacks began on a blood moon. If you go back, you can see my story about that as well.And it’s it’s timely to play this this weekend. Well, that’s the wrap up for Friday. And we’ll be back here again Monday with new programming and Sunday at 7.11 a.m., the only show for Sunday.We will have some sort of a weekly wrap up show again. Bob Barney for The Plain Truth today, brought to you by theplaintruth.com saying thank you for listening. Bye-bye.