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Newsom’s Billionaire Tax, Iran War Escalates & Israel Acknowledges Genocide | PBD Podcast #825

Explore episode Jun 29, 2026
History
Israel Officially Recognizes the Armenian Genocide

Newsom’s Billionaire Tax, Iran War Escalates & Israel Ackno… · Jun 29, 2026 History

Israel's cabinet unanimously approved recognition of the Armenian Genocide following Foreign Minister Gideon Saar's proposal. Notably, Netanyahu first publicly acknowledged the genocide when directly asked by Patrick Bet-David on this podcast. The resolution will now go before the Knesset — a significant moral and diplomatic reversal given Israel's historically delicate relationship with Turkey.

6m 10s

Where this was said

Iran Strikes US Ship; US Retaliates After Market Close

At 1:08:00 · chapter starts 1:04:12

Tom maps out the Strait of Hormuz geography: there are two shipping lanes, a northern route close to an island that Iran wants vessels to use so it can charge tolls, and a southern route close to Oman that the US and UK spent the past six weeks clearing of mines. Iran sent a drone to hit a cargo ship that used the southern route, and Trump responded by bombing the identified drone launch site — deliberately after 4 PM Friday when US markets had closed. Adam frames Iran's approach as 'pump-fake diplomacy': the IRGC has no intention of honoring any agreement and is simply waiting out Trump until 2028. He quotes Douglas Murray — 'the IRGC is worried about the end of times, Trump is worried about midterms' — to explain why no deal is actually achievable. Patrick wonders aloud whether the ongoing cycle of provocation and retaliation will eventually corner Trump into a much heavier attack on Iran.

News
Iran's Drone Attack and the US Counterstrike

Newsom’s Billionaire Tax, Iran War Escalates & Israel Ackno… · Jun 29, 2026 News

Iran launched a drone strike on a cargo ship in the Strait of Hormuz; the US retaliated by bombing the launch site after 4 PM Friday when markets were closed. Iran's play is to control Hormuz toll lanes — they want ships on the northern route so they can charge passage. Tom argues the US and UK cleared southern mines to offer an alternate lane, but Iran won't allow it.

3m 48s

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