Trump Pauses Iran Strikes as Pete Hegseth’s Pentagon Comes Under Fire

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Raging Moderates with Scott Galloway and Jessica Tarlov 56 min 5 speakers 5 chapters transcribed 1 month ago
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Unknown 0:01
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Scott Galloway 0:42
Good morning. Hi, Jess. How are you?
Jessica Tarlov 0:45
I'm great. How are you?
Scott Galloway 0:46
I'm hanging in there. And welcome to everybody. This is our... We're coming to you live today. We're streaming on Substack and on YouTube. So welcome and thank you for joining us live. It is 0804 minutes here, Pacific Standard Time. I'm in Los Angeles. I believe Jess is in New York. Is that right, Jess?
Jessica Tarlov 1:05
I am, yes. And in Midtown at the office, which I'm usually not on a Monday morning. So it's all very professional here.
Scott Galloway 1:12
Nice. Yeah. So make sure to hit subscribe and help out our show. Anyways, let's bust right into it. The U.S. strikes against Iran are on hold, at least for now. And as some advisors raise concerns about the ongoing conflict, Trump is putting off the decision on any major escalation. Among the reported concerns are diminished stockpile of defense munitions in the Middle East. U.S. Ambassador to the United Nations, Michael Waltz, had this to say regarding the stockpile.
Mike Waltz 1:45
The secretary, Secretary Hegseth, inherited a depleted situation from not only Ukraine, but also the ongoing fight with the Houthis under the Biden administration and a depleted military under the Biden administration.
Unknown 1:58
Do you acknowledge they're depleted at this moment?
Mike Waltz 2:01
I wanna be crystal clear, the US military and I've verified this every which way has everything that it needs to conduct this campaign as effectively as it needs to be. And I have to tell you the people that are leaking this nonsense deserve to be in jail.
Jessica Tarlov 2:20
What if he has to jail his colleagues?
Scott Galloway 2:24
I mean, this is just such classic, it's Biden's fault. No matter what it is, it's Biden's fault. They'll be blaming Biden, you know, for 30 years. It's just so, nobody wants in the Trump administration actually wants to take responsibility for anything and then pivot to anyone saying anything negative about decisions we've made without thinking things through should be in jail. And this is, What people don't, I think, realize is that wars aren't won by courage or even strategy. They're won by supply chain. The greatest conflict, you know, the thing that has really shaped the post, we call it the post-World War II order, wasn't our, you know, our incredible military. It wasn't our leadership. It was, simply put, it was our manufacturing might.
Scott Galloway 3:19
And just as they say, time waits for no man. delays or lags don't hurry up for any person. This yet again appears to be a lack of competence around figuring out our stockpiles, what was required to put in place the requisite munitions. But this is, again, just a massive amount of incompetence. Over the last decade, we have been optimizing our supply chain for counterterrorism, not sustained conventional warfare. And Russia's invasion of Ukraine exposed that NATO countries burned through years' worth of missile production in months. Also, it highlights our vulnerability as a nation and that is China has been building more commercial ship tonnage each year than the US has built in decades. A reminder that manufacturing capacity is national security and essentially the supply chain.
Scott Galloway 4:17
I'll turn it over to you in a second. Our supply chain has been optimized for shareholders. What I mean by that, not security. As we saw in COVID, Every CFO and COO took all of the slack out of the supply chain, meaning just-in-time manufacturing was there is no part sitting in a warehouse. It's meant to be real-time such that every part in a warehouse is costing money because of the cost of goods or cost of holding. So in retail, we used to talk about how many turns a year you get.

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