July 2nd • 2h 49m
Shownotes
Every new episode of No Agenda is accompanied by a comprehensive list of shownotes curated by Adam while preparing for the show. Clips played by the hosts during the show can also be found here.
📰 Articles from Prep (last few days) — 26 links
🆕 Fresh drops (Jul 1–2)
📋 Earlier this cycle (research-only — no clean SOT to cut)
00 ☢️ IRAN DEAL AND THE STRAIT
The just-signed US-Iran MOU already fraying — CENTCOM and Iran trade strikes around the Strait of Hormuz, a wall of network voices reading the same beat: Pompeo ('pry it out of their hands through use of force'), Haass ('there is no peace... the one word we ought not use'), Buckley ('finish the job... can't be pushed around like a wheelbarrow'), Sales ('not a private toll road for the IRGC'), and Yingst on the Doha talks with Israel on alert. The multi-source density IS the tell.
Clips — 26
Analyst McLean US doesnt - CBS News
01 01-01- Analyst McLean US doesnt hold all cards Iran can hold economy hostage via Hormuz - CBS News
Analyst Aaron McLean (CBS News): pushes back that the US doesn't hold all the cards — Iran can hold the global economy hostage by choking the Strait of Hormuz.
Dean - MS NOW
01 02-01- Dean Witkoff cut my mic called question smart-assed and stupid - MS NOW
MS NOW's Dean: says Steve Witkoff cut her mic and called her question 'smart-assed and stupid.'
02 02-02- Dean the Witkoff own-ventures question that got her cut off - MS NOW
MS NOW's Dean: replays the Witkoff 'own ventures' conflict-of-interest question that got her cut off.
03 02-03- Dean Gulf embassy dinner MOU Strait of Hormuz jarring contrast - MS NOW
MS NOW's Dean: the jarring contrast of a lavish Gulf embassy dinner against the fragile MOU and the contested Strait of Hormuz.
Deluzio Iran war accomplished - MS NOW
01 03-01- Deluzio Iran war accomplished nothing Hormuz still not open - MS NOW
Rep. Chris Deluzio (MS NOW): the Iran war 'accomplished nothing' — the Strait of Hormuz still isn't open.
Dr Kanta Ahmed Iran - Fox News
01 04-01- Dr Kanta Ahmed Iran on extremely thin ice - Fox News
Dr. Qanta Ahmed (Fox News): Iran's regime is 'on extremely thin ice.'
Fox reporter package Iran - Fox News
01 05-01- Fox reporter package Iran Strait escalation timeline violence met with violence - Fox News
Fox's Trey Yingst package (Fox News): a DHS 'violence met with violence' SOT then the escalation timeline — Iran hit ships in Hormuz, US struck southwest Iran, Iran fired missiles at Kuwait and Bahrain; the focus is keeping the Strait open.
Haass - MS NOW
01 06-01- Haass no peace not even a robust ceasefire not a peace deal - MS NOW
Richard Haass (MS NOW): 'there is no peace, not even a robust ceasefire' — just a vague MOU; Iran will keep reasserting Hormuz 'like station identification,' and the one word we shouldn't use is peace.
Heilman - MS NOW
01 07-01- Heilman Trump threats ring hollow Iran on the midterm clock - MS NOW
John Heilemann (MS NOW): Trump's existential threats 'ring hollow' — Iran acts like it knows he's on a timetable under midterm-election pressure.
Herzog MOU kicks the - PBS NewsHour
01 08-01- Herzog MOU kicks the can down the road PBS NewsHour
Amb. Michael Herzog (PBS NewsHour): the MOU just 'kicks the can down the road.'
02 08-02- Herzog MOU contradicts Israel-Lebanon Hezbollah deal PBS NewsHour
Amb. Michael Herzog (PBS NewsHour): the MOU contradicts the Israel-Lebanon Hezbollah deal.
Iran deal doc a - CNN
01 09-01- Iran deal doc a surrender humiliation of Trump by Iranians - CNN
CNN: Iranian-side framing casts the deal document as a surrender — a humiliation of Trump by the Iranians.
Leavitt Iran deal Witkoff-Kushner - Fox News
01 10-01- Leavitt Iran deal Witkoff-Kushner to Doha - FOX NEWS
WH Press Sec. Karoline Leavitt (Fox News): on the Iran deal, with Witkoff and Kushner headed to Doha.
Miller Vance positioning to
01 12-01- Miller Vance positioning to blame Israel for 2028 PBS NewsHour
Analyst Aaron David Miller (PBS NewsHour): reads Vance as positioning to blame Israel down the line for a 2028 run.
Nathan Sales Iran non-starter - Fox News
01 13-01- Nathan Sales Iran non-starter Hormuz not a toll road toddler tough love - FOX NEWS
Nathan Sales (Fox News): Iran controlling the strait is 'an absolute non-starter' — Hormuz is an international waterway, 'not a private toll road for the IRGC'; frames Iran as a toddler needing tough love.
02 13-02- Nathan Sales terrorist regime basta watch the midterm clock - FOX NEWS
Nathan Sales (Fox News): a terrorist regime eventually leaves you nowhere and the president has to say 'basta' — watch the clock to the midterms.
Pompeo - Fox News
01 14-01- Pompeo Iran regime theocrats no confidence in Doha talks - Fox News
Mike Pompeo (Fox News): 'almost none' confidence in the Doha talks — the theocrats and IRGC don't think 47 years were a mistake and love to drag things out.
02 14-02- Pompeo pry Hormuz out of their hands through use of force - Fox News
Mike Pompeo (Fox News): the Iranian FM's own 'we control Hormuz' claim proves the MOU is violated — the US will have to 'pry it out of their hands through use of force.'
Sadler on Iran provoke-relent - Fox News
01 15-01- Sadler on Iran provoke-relent cycle - FOX NEWS
Brett Sadler (Fox News): on Iran's 'provoke-relent' cycle.
Trump Doha perhaps important - Fox News
01 16-01- Trump Doha perhaps important perhaps not denuclearization - Fox News
Trump (Fox News): the Doha talks are 'perhaps important, perhaps not' on denuclearization.
Vance win-win on Iran - CBS News
01 17-01- Vance win-win on Iran negotiation Witkoff Kushner Doha talks - CBS News
VP JD Vance (CBS News): frames the Iran negotiation as 'win-win,' with Witkoff and Kushner in the Doha talks.
Viktor Bout Iran conflict - Tucker Carlson
01 18-01- Viktor Bout Iran conflict ripple - Hormuz oil to global famine - Tucker Carlson
Viktor Bout (Tucker Carlson): warns the Iran conflict ripples outward — from Hormuz oil all the way to global famine.
WH spokesman Trump holds - Fox News
01 19-01- WH spokesman Trump holds all the cards on Iran deal Strait open and toll-free - Fox News
WH spokesman (Fox News): Trump 'holds all the cards' from a position of strength — gets a deal with no nuke and the Strait 'open and toll-free.'
02 19-02- Buckley finish the job cant be pushed around like a wheelbarrow - Fox News
Retired Navy pilot Matthew 'Wiz' Buckley (Fox News): overwhelming firepower — 'they started this war 47 years ago, we have to finish the job'; the US 'can't be pushed around like a wheelbarrow.'
Yingst - Fox News
01 20-01- Yingst US-Iran MOU talks in Doha, Hormuz open, Israel on alert - Fox News
Fox's Trey Yingst (Fox News): US and Iranian officials return to Doha — a 60-day window on the nuclear program and keeping Hormuz open, with Israel's Katz ordering the IDF ready for an independent operation.
02 20-02- Yingst US and Iran could not be further apart - Fox News
Fox's Trey Yingst (Fox News): US and Iran 'could not be further apart.'
01 🏠 THE HOUSING BILL
The 21st Century ROAD to Housing Act — Trump holding the bipartisan bill hostage until the SAVE Act is added on (Forbes), and the Valuetainment panel on the BlackRock/institutional-investor 'pork': the 350-home cap, 'BlackRock did what BlackRock's going to do,' the starter home is dead, and the first-time-buyer age climbing to 40.
Clips — 5
PBD - Valuetainment
01 46-01- Pat 350-home cap curbs corporate buyers - Valuetainment
Patrick Bet-David (Valuetainment): reads the bill's 350-home cap on institutional investors — argues 350 is 'nothing' when BlackRock-type firms already hold tens of thousands.
02 46-02- Jeff BlackRock bought 10k houses rent slave - Valuetainment
Jeff (Valuetainment): 'BlackRock did what BlackRock's going to do' — post-2008 Wall Street was the only buyer, bought 10,000 houses at a time, making Main Street 'rent slaves for life.'
03 46-03- Jeff starter home is dead stuck renting for life - Valuetainment
Jeff (Valuetainment): the starter home is dead — buyers can't qualify for mortgages, so the starter business vanished and you're 'stuck renting for the rest of your life.'
04 46-04- Pat first-time buyer age 40 heading to nobody - Valuetainment
Patrick Bet-David (Valuetainment): the first-time-homebuyer age has climbed to 40 — 'eventually it'll be no one, it's just gonna be a rental market.'
Trump - housing bill - Forbes Breaking News
01 32-01- Trump - housing bill can get approved but wants Save America Act added - Forbes
Trump (Forbes): the bipartisan housing bill 'can get approved,' touts his housing bona fides, but wants the SAVE America Act added on — though 'that's probably not going to happen.'
02 🗳️ SAVE ACT AND SCOTUS
The SAVE Act / SCOTUS beat — Amy Walter on Trump calling the housing bill 'a yawn,' Julia Manchester on the SAVE-Act fixation and the SCOTUS birthright ruling (Kavanaugh roadmap), and the flopped America-250 State Fair 'don't believe your eyes' dying-media gaslight.
Clips — 5
Amy Walter Trump dismissed - PBS NewsHour
01 21-01- Amy Walter Trump dismissed bipartisan housing bill as a yawn - PBS NewsHour
Amy Walter (PBS NewsHour): Trump dismissed the bipartisan housing bill as 'a yawn.'
Julia Manchester on why - MS NOW
01 24-01- Julia Manchester on why Trump is too focused on SAVE Act rigged-election narrative - MS NOW
Julia Manchester (MS NOW): Trump is too focused on the SAVE Act and his rigged-election narrative.
02 24-02- Julia Manchester on SCOTUS birthright ruling Kavanaugh roadmap plan B - MS NOW
Julia Manchester (MS NOW): on the SCOTUS birthright ruling — the Kavanaugh roadmap and the Democrats' plan B.
MS NOW reporter dont - MS NOW
01 26-01- MS NOW reporter dont believe your eyes empty lot State Fair - MS NOW
MS NOW field reporter: stands in a near-empty lot insisting 'don't believe your eyes' — there's really 'a wash of people' at the State Fair, as the anchor notes the live shot says otherwise.
02 26-02- MS NOW anchor Trump Truth Social meltdown over flopped State Fair - MS NOW
MS NOW anchor: the flopped-fair rundown (outages, dead Ferris wheel, Vanilla Ice canceled) plus Trump's all-caps Truth Social meltdown — and the payoff that Obama drew bigger crowds last week.
03 💸 TRUMP INC THE GRIFT
Trump Inc. — the 2025 financial disclosure ($1.4B in crypto earnings, royalties on watches/bibles/sneakers/fragrances), Matt Bai calling the meme coins 'the most Trumpian thing ever' and the Bidens 'pikers,' PBS on the $TRUMP coin, plus the $400M Qatar-gifted Air Force One's first flight.
Clips — 7
Qatar Air Force One - CNN
01 56-01- Trump first flight on Qatar-gifted 400 million Air Force One - CNN
CNN: Trump takes his first flight on the $400 million Qatar-gifted Air Force One.
TRUMP meme coin - PBS NewsHour
01 48-01- TRUMP meme coin profitable only because he is president - PBS NewsHour
PBS NewsHour: the $TRUMP meme coin is only this profitable because he's president.
Trump financial disclosure - CNN
01 47-01- Trump 2025 disclosure 1.4 billion in crypto earnings - CNN
CNN's Jake Tapper: Trump's 2025 financial disclosure shows $1.4 billion in crypto earnings since returning to office.
02 47-02- Trump royalties watches bibles sneakers fragrances - CNN
CNN's Jake Tapper: the licensing haul — Trump watches ($4.7M in royalties), a Bible ($208K), sneakers and fragrances.
03 47-03- Matt Bai Sanders America first appearance of impropriety - CNN
Columnist Matt Bai (CNN): on Sanders' 'America first? Really?' — the foreign deals create at least the appearance of impropriety.
04 47-04- Matt Bai meme coins the most trumpian thing ever - CNN
Columnist Matt Bai (CNN): the meme coins are 'the most Trumpian thing ever' — and explains what meme coins even are.
05 47-05- Matt Bai Bidens are pikers President AOC - CNN
Columnist Matt Bai (CNN): the Bidens were 'pikers' next to this — muses on a future 'President AOC.'
04 🚩 DEM SOCIALISM SURGE
Nate Silver on All-In — Newsom fading in the 2028 primary polls, and 'AOC is my bet' for the left's burn-it-down outsider as the party brand goes 'lame.'
Clips — 2
Nate Silver Newsom fading - All-In Podcast
01 28-01- Nate Silver Newsom fading in 2028 primary ALL-IN
Nate Silver (All-In): Newsom is fading in the 2028 primary polls, losing to fresher faces — on the defensive with Biden/Kamala continuity.
02 28-02- Nate Silver AOC is my bet the burn-it-down vote ALL-IN
Nate Silver (All-In): 'AOC is my bet' for the left's Trump — the burn-it-down outsider; the Democratic party brand 'is a lame brand.'
05 🏛️ TRUMP ADMIN
Two MS NOW hits on the administration — Shapiro calling for 'a national referendum this November on Trump's chaos and cruelty' and charging some justices were 'intimidated' on birthright, and Ty Cobb on lawyers who 'abandoned their oaths' (Hunter-vs-Dahmer).
Clips — 3
Shapiro national referendum on - MS NOW
01 30-01- Shapiro national referendum on Trumps chaos and cruelty MS NOW
Gov. Josh Shapiro (MS NOW): calls for 'a national referendum this November on Donald Trump's chaos and cruelty and corruption.'
02 30-02- Shapiro justices intimidated by Trump 14th Amendment MS NOW
Gov. Josh Shapiro (MS NOW): the birthright ruling should've been 9-0 — some justices 'were intimidated by Donald Trump,' and JD Vance 'said the quiet part out loud.'
Ty Cobb Trump lawyers - MS NOW
01 31-01- Ty Cobb Trump lawyers abandoned oaths, Hunter vs Dahmer - MS NOW
Ty Cobb (MS NOW): Trump's lawyers 'abandoned their oaths' for a $1.8B slush fund — comparing Hunter Biden to the Trump family is 'a jaywalker to Jeffrey Dahmer.'
06 🫧 AI BUBBLE
The AI premium fading — Karp's five-part 'tragedy of the oversell' (enterprises waste time on tokens while labs 'steal your weights and alpha'), Tom Lee on the Mag7 'balance sheet as a workforce' and buy-the-pullback, Ford's Farley crediting 'American workers,' and NRG's Golin on a grid that 'weren't prepared.'
Clips — 10
Alex Karp - CNBC
01 35-01- Alex Karp something has gone wrong, you waste time on tokens and they take your IP - CNBC
Alex Karp (CNBC): the way OpenAI/Anthropic sold LLMs 'has gone completely wrong' — enterprises waste time on tokens, get no value, and hand over their IP.
02 35-02- Alex Karp enterprises want to own the means of production, control weights and alpha - CNBC
Alex Karp (CNBC): enterprises want to own the means of production — their compute, models and 'alpha' — not give it to a 'fake deploy-co.'
03 35-03- Alex Karp why charge for tokens if so valuable, rebuild trust - CNBC
Alex Karp (CNBC): if AI were so valuable the labs would take equity — 'why are they charging for tokens if it's so valuable?'
04 35-04- Alex Karp voice of American business, they steal your weights and alpha - CNBC
Alex Karp (CNBC): executives are livid paying for tokens while the labs 'steal the weights and alpha' — 'the voice of American business channeled through me.'
05 35-05- Alex Karp call a CEO in private, are we in an AI bubble, tragedy of the oversell - CNBC
Alex Karp (CNBC): dares investors to call a CEO in private — are we in an AI bubble? The tragedy is 'the oversell,' charging enterprises 3× then pulling back.
Caroline Golin NRG - Bloomberg
01 38-01- Caroline Golin NRG - AI data centers werent prepared for grid boom - Bloomberg
NRG's Caroline Golin (Bloomberg): reframes data-center blame as a grid 'disconnect' — the industry 'weren't prepared for the opportunity in front of us.'
Ford Farley - Bloomberg
01 37-01- Ford Farley AI tools but mostly old-fashioned hard work - Bloomberg
Ford CEO Jim Farley (Bloomberg): retaking #1 took AI tools but 'mostly old-fashioned hard work.'
02 37-02- Ford Farley age of AI but American workers beat Toyota and Hyundai - Bloomberg
Ford CEO Jim Farley (Bloomberg): in the age of AI, 'we beat them all with American workers' — Toyota and Hyundai.
Tom Lee - CNBC
01 36-01- Tom Lee balance sheet is the workforce Mag7 AI spending - CNBC
Tom Lee (CNBC): the Mag7 shifted from asset-light cash machines to balance-sheet-heavy AI spenders — investors will come to view that balance sheet 'as a workforce.'
02 36-02- Tom Lee buy the pullback on chip selloff - CNBC
Tom Lee (CNBC): 'buy the pullback' — in 17 prior 6%+ semi-index drops, a month later it was higher 88% of the time.
07 🛢️ BESSENT OIL AND GAS
Treasury Sec. Bessent on Fox — warning gas retailers 'we're watching,' the 'up like a rocket, down like a feather' retail-margin tell, and the sanctions reveal that only China is buying Iran's now-unsanctioned oil as prices plummet.
Clips — 3
Bessent - Fox
01 39-01- Bessent gas retailers were watching - Fox
Treasury Sec. Scott Bessent (Fox): warns gasoline retailers to be 'good actors' for the 250th — 'because we're watching.'
02 39-02- Bessent rocket up feather down - Fox
Treasury Sec. Scott Bessent (Fox): the 'up like a rocket, down like a feather' tell — retailers pocket margin selling cheap stored gas at higher pump prices.
03 39-03- Bessent Iran oil cant sell prices plummet - Fox
Treasury Sec. Scott Bessent (Fox): with Hormuz reopened and Iran unsanctioned, only China is buying its oil — prices have plummeted and he sees them going lower.
08 🛂 BIRTH TOURISM
Birthright citizenship under attack — Trump's executive order and the 'birth tourism' framing (BBC), and MSNOW Morning Joe on why the 14th Amendment is suddenly the target.
Clips — 2
Birthright citizenship - BBC
01 49-01- Trump EO ends birthright citizenship birth tourism offensive - BBC
BBC: Trump's executive order to end birthright citizenship for children of foreign parents — the term 'birth tourism' called offensive.
Morning Joe birth tourism - MS NOW
01 50-01- Morning Joe why the 14th Amendment birthright attacked now - MS NOW
MSNOW Morning Joe: why the 14th Amendment's birthright guarantee is suddenly under attack now.
09 💊 GLP-1 DRUGS
The GLP-1 beat — a UPenn study suggesting Ozempic may help prevent cancer (CBC), against a summer dehydration/heat-risk warning for GLP-1 users (CBS Mornings).
Clips — 2
GLP-1 cancer - CBC
01 51-01- GLP-1 Ozempic may help prevent cancer UPenn study - CBC
CBC: a University of Pennsylvania study suggests GLP-1 drugs (Ozempic) may help prevent cancer.
GLP-1 heat risk - CBS Mornings
01 52-01- GLP-1 users dehydration heat risk summer warning - CBS Mornings
CBS Mornings: a summer warning that GLP-1 users face dehydration and heat risk.
10 ⚡ GOLDEN DOME DIRECTED ENERGY
Directed-energy disclosure — the Golden Dome milestone test and Trump 'letting it slip' about the 'discombobulator' used in Absolute Resolve, and whistleblower Eric Hecker on the War Dept finally admitting it possesses directed-energy weapons.
Clips — 2
Golden Dome directed-energy test - NewsNation
01 40-01- Golden Dome directed-energy test - discombobulator - NewsNation
NewsNation: on the Golden Dome directed-energy milestone — lasers beat $1-2M interceptors, and Trump 'let it slip' it was used in Absolute Resolve, calling it the 'discombobulator.'
Hecker - War Dept - NewsNation
01 41-01- Hecker - War Dept lied on Havana syndrome now admits directed energy weapons - NewsNation
Whistleblower Eric Hecker (NewsNation): the War Dept denied for years it knew the cause of Havana syndrome — this year admitted 'we possess directed energy weapons and we're scaling them up.'
11 🪰 SCREWWORM FACILITY
The New World screwworm fight — Ag Sec. Rollins on expanding sterile-fly production facilities, and USDA ARS on the 'Novo Fly' doubling sterile-male output.
Clips — 2
Rollins expanding sterile fly - USDA Presser
01 42-01- Rollins expanding sterile fly production facilities screwworm - USDA Presser
Ag Sec. Brooke Rollins (USDA presser): action item one — expanding sterile-fly production and dispersal facilities against the New World screwworm.
USDA ARS Novo Fly - USDA Presser
01 43-01- USDA ARS Novo Fly doubles sterile male production screwworm - USDA Presser
USDA ARS scientist (USDA presser): the 'Novo Fly' doubles sterile-male production — the science behind the screwworm fight.
12 🎰 SERENDIPITY
The grab-bag — the Freedom-250 fair as an opaque Trump political operation, Australia warning Big Tech to obey the under-16 ban, the World Cup 'we owe America an apology' chorus, Canada's data-center/digital-sovereignty backlash, Venezuela's earthquake devastation, and Europe's record heat waves.
Clips — 6
Anika Wells doubles fines, - FirstPost
01 44-01- Anika Wells warns Big Tech to obey laws on under-16 ban - FirstPost
Australia's Anika Wells (FirstPost): names the five platforms under investigation for 'dirty tricks' — 'obey Australian laws or face consequences,' with a bill doubling penalties to $99M.
Climate heat waves - PBS NewsHour
01 55-01- Climate change underlies Europe record heat waves - PBS NewsHour
PBS NewsHour: climate change underlies Europe's record heat waves — the last 11 years the hottest on record.
Digital sovereignty - CBC
01 53-01- Canada data center backlash digital sovereignty - CBC
CBC: Canadian backlash against giant tech data centers — a fight framed as digital sovereignty.
Freedom 250 is a - MS NOW
01 33-01- Freedom 250 is a Trump political operation - MS NOW
MS NOW: the Great American State Fair is run by 'Freedom 250,' a Trump-controlled nonprofit that supplanted the bipartisan America 250 committee — taxpayer money vanishing into a black box.
Venezuela earthquake - BBC
01 54-01- Venezuela earthquakes flattened towns deportees - BBC
BBC: Venezuela's twin earthquakes flattened northern towns — a 15-year-old digs for his brother — amid the deportee crisis.
We owe America an
01 45-01- We owe America an apology - TikTok-theamericaeffect
A chorus of UK/European fans (TikTok / @theamericaeffect): 'we owe America an apology' — the World Cup got people to visit and see the real country and its people.