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The David Pakman Show

And now the scamming of Americans begins

06 Jan 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 18.695 David Pakman

We will start today with a bombshell that should really make you angry, which is the floating openly of a plan where oil companies will rebuild Venezuela's infrastructure, take the profits and then get reimbursed by you, the taxpayer, corporate welfare dressed up as America first.

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Chapter 2: What plan does Trump propose for Venezuela's oil infrastructure?

19.175 - 40.604 David Pakman

And we saw this scam before. We will then look at how Trump is playing his own base, the so-called antiwar president now openly, along with his allies, saying we might go into Iran, we might go into Cuba, we might go into Colombia, even Greenland might be taken by force. No new wars didn't last very long.

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41.045 - 55.923 David Pakman

And we're also going to get into something you don't often see, which is Fox News host genuinely confused about why is Trump doing this? And they are struggling to defend what is, quite frankly, indefensible and vaccines and Tylenol.

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Chapter 3: How does Trump's rhetoric shift from 'no new wars' to military action?

56.344 - 87.329 David Pakman

The administration again going anti science. Oh, and Gavin Newsom humiliates MAGA Mike Johnson and raises some really interesting points about California and its population. All of it and more today. The scam and the grift are growing and I'm going to have to pay for it and you are going to have to pay for it. Let me explain what is going on.

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87.449 - 116.014 David Pakman

Donald Trump said to NBC News, something that really should stop you cold, but it should also infuriate the magas. Trump says American oil companies might spend billions of dollars rebuilding Venezuela's oil infrastructure. And then isn't this convenient? They could get reimbursed by the US government, meaning your tax dollars. Big oil spends money. Big oil takes the profits.

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116.034 - 118.518 David Pakman

You take the risk and you reimburse them.

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Chapter 4: What are the legal implications of Trump's actions against Nicolás Maduro?

118.699 - 142.105 David Pakman

Trump said that the companies would be spending, quote, a tremendous amount of money. And then he said they'll get reimbursed by us or through revenue. Now, by us means the federal government. The federal government is funded by you, by your tax money. This is not while we are funding improving bridges in the United States.

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142.706 - 149.004 David Pakman

This is not we are funding better access to less expensive health care in the United States.

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Chapter 5: How do media figures reconcile Trump's foreign military actions?

149.264 - 172.265 David Pakman

This is not we are funding rent and groceries for people. This is corporate welfare dressed up as foreign policy. And this is not a new idea. We have seen this movie before. After the Iraq war, American companies rushed in to rebuild oil fields and infrastructure Taxpayers paid trillions for the war.

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Chapter 6: What misinformation is Trump spreading about childhood vaccinations?

172.846 - 195.843 David Pakman

Private contractors walked away with massive contracts. Regular Americans got nothing but debt and higher deficits. And it's the same story in Afghanistan where billions were spent on reconstruction and much of it vanished into actual waste, fraud and sweetheart deals. The public paid contractors profited. The country collapsed anyway.

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195.883 - 206.178 David Pakman

And then when Wall Street crashed the economy in 2008, we were told, well, the banks are too big to fail. And so they got bailed out. The homeowners didn't. The workers didn't.

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Chapter 7: What does Senator Warnock say about U.S. credibility in foreign interventions?

206.698 - 233.675 David Pakman

They socialize the risk capitalism for the profits, socialism for the risks. The profits stayed private. And this is the exact same model. Now, Trump says that this Venezuela plan is going to lower oil prices. Maybe the truth is gas prices have remained in that low three dollar a gallon range for a long time, and it's not that likely that they're going to go much lower.

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234.156 - 257.002 David Pakman

So I don't even really know what we're fixing here. We're not fixing cost of living. We're not helping the working families that are currently hurting. It's just Trump says the oil companies are going to do very well. And then we're going to reimburse them. Now, the other thing which I mentioned yesterday, which is critical, is that these oil companies are not exactly rushing in on their own.

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257.062 - 260.746 David Pakman

They're cautious. They are hesitating for a bunch of different reasons.

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Chapter 8: Why does María Corina Machado seek a Nobel Peace Prize with Trump?

260.806 - 278.185 David Pakman

Number one, Venezuela has a long history of nationalizing oil assets. They could get in there and start spending money. And the next thing you know, there is a renationalization of those oil assets and it's all taken away. And the American companies that got involved lose the money. Number two.

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278.165 - 298.935 David Pakman

It's very risky because any time you're doing anything involving Donald Trump, if the winds change proverbial, the metaphorical winds change, all of a sudden you're out or the plan changes or Trump doesn't care about it anymore. So it is even risky for the companies that want to get involved. So what does Trump come up with? Let's put the taxpayers on the hook.

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299.376 - 320.724 David Pakman

If it fails, you'll get reimbursed by working Americans who pay taxes into the system. But if it works well. then you'll be able to cash in. Final thought about this. The context. This is coming alongside military action in Venezuela.

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320.744 - 337.144 David Pakman

Trump has admitted that even though he didn't inform the House and Senate in advance of what he was doing with the kidnapping of Nicolas Maduro, that he did inform the oil companies. He said he spoke to the oil companies before and after. And when you look at that.

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338.365 - 370.903 David Pakman

Chain, military pressure, corporate opportunity, the public's interest last abiding by the rule of law last, even though Trump shouts about America first, but it's the same trick every time the people that Trump used to get himself elected and whose donor money He gladly accepted they end up coming last. It's the corporations that go first. It's Trump's ambitions that go first.

370.963 - 392.995 David Pakman

Trump's ego, Trump's concern, growing concern with what his legacy is going to be. But the average person goes last. And when the rent spikes, you don't get reimbursed. But the oil companies will get reimbursed if it doesn't go that profitably in Venezuela. It is a scam. It is yet another scam that Donald Trump has pulled on his own base.

393.495 - 408.093 David Pakman

And if you are just a normal American trying to stay afloat, you should be furious. I know that many of my friends and colleagues on the left and in the center are furious about this. There are even a couple of Republicans like Rand Paul who are saying, what the hell are we doing here?

408.514 - 438.148 David Pakman

We're going to look at a clip from Fox News of Kat Timp and Greg Gutfeld clearly confused about what is Trump doing here? What is going on? What is this all about? But I don't know whether the magas are ready to say he screwed us. He scammed us. One scam is that they are they we us. We are all going to end up paying for the oil speculation in Venezuela.

438.609 - 466.014 David Pakman

The second scam that is coming to light that is surfacing. like rotten varnish coming out of old wood or I don't know what the right imagery is. The second scam is about Trump as the antiwar president. And we've got to talk about that next. Remember no new wars. Remember, I am the peace president. I am for more isolationism and not being as entangled in foreign countries and all of that.

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