Robert Armstrong

I don't know if you heard this yesterday, but our Treasury Secretary, Scott Besant, was talking about the war and its economic implications, and he misspoke talking about the crucial waterway and called it the Strait of Vermouth.

And what I'm advocating here today is that we actually change the name to the Strait of Vermouth.

Remember, earlier in this presidency, we changed the name of the Gulf of Mexico to the Gulf of America.

This is correct.

Why can't we change the Strait to the Strait of Vermouth?

And like put huge olives in it and like pump gin through it as well.

I would be too if I had his job.

I'm never going to call it anything else ever again, by the way, on this show, everywhere else.

I think he was trying to imply that it would be bad in his defense.

I do love a kebab.

I do.

Hang on.

I think I've got pretty decent taste in shoes.

As much as I enjoy my pathetically small kind of fame I have for inventing this term, I don't think it applies very well in wartime.

This is a term that made a lot of sense when we were dealing with domestic policy, specifically tariffs, where Trump was really in charge.

So he could make a grotesque threat and withdraw it,

and the resulting kind of wave rolling through markets you could trade.

Here, he's tangled up in a very complex multilateral situation, as we've just seen demonstrated today.

Like, nobody seemed to tell the Israelis that the ceasefire said that they shouldn't bomb Lebanon.

Uh, somebody, you know, somebody bombed that Saudi pipeline today, the, the Hormuz Strait alternative.