#154 - Firas Modad - Who Actually Runs The American War Machine?
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 6 March 2026
⏱️ 96 minutes
🧾️ Download transcript
Summary
The war in the Middle East is usually discussed as a military conflict. In this interview, Firas Modad argues the real consequences are far wider.
We discuss how escalation could spread through energy markets, shipping lanes and commodity prices - and why the economic effects of war may hit far beyond the battlefield.
Firas also explains how political incentives, donor networks and foreign policy alignments shape decisions in Washington, and why the incentives behind modern wars often look very different from the public narrative.
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TIMESTAMPS: 00:00:00 – Why Iran Matters 00:07:25 – Why The West 00:12:17 – Energy Shock Risk 00:20:04 – Iran Endgame Scenarios 00:32:28 – Fog Of War 00:40:26 – Lebanon Expands 00:54:21 – Energy Decides It 01:02:30 – Christian Immigration View 01:08:27 – Debt And Decay 01:13:39 – Bible And Collapse 01:22:09 – Just War Test
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CONNECT WITH FIRAS MODAD › X/Twitter – https://x.com/firasmodad › Website – https://www.modadgeopolitics.com/
SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.com/
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FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/
EDITED BY CONOR MCCORMACK › https://x.com/ConorM04
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Transcript
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| 0:00.0 | The negotiators are Steve Whitkoff and Jared Kushner. |
| 0:03.9 | And his family is also best friends with Benjamin Netanyahu. |
| 0:10.2 | Meaning that essentially, the negotiations were being run by a Netanyahu family friend. |
| 0:17.8 | They were never meant to work. |
| 0:19.6 | So everybody promises the same exact thing. And then everybody implements the same exact playbook. |
| 0:25.6 | Why? Is it the deep state? Is it the bankers? Is it the A-PAC? |
| 0:29.6 | When you look at the Epstein network, it kind of reveals it because you figure out that this group of donors is actually in control of elected |
| 0:41.5 | officials. |
| 0:42.5 | Marco Rubio was vetted by the Israelis to see whether or not he supports them properly. |
| 0:48.3 | And then Larry Ellison of Oracle decides to finance him. |
| 0:52.3 | You can take Clinton and replace him with Bush promising you restraint. |
| 0:58.2 | He then goes into Iraq and Afghanistan. |
| 1:01.0 | You can then take Bush and replace him with Obama and he promises you restraint. |
| 1:06.4 | And he gives you Libya and Syria. |
| 1:09.0 | And then you can take him and replace him with Trump and he will give |
| 1:13.3 | you Iran. And it never really actually matters. It never really makes a difference. So the politicians |
| 1:21.4 | are not the decision makers and they're not the beneficiaries. This is great for the shareholders of |
| 1:25.9 | Lockheed Martin and Raytheon. |
| 1:28.6 | But who are these shareholders? A bunch of them are going to be Black Rock and Vanguard. |
| 1:34.4 | So the system is fundamentally rigged. It isn't anti-Semitic to say that this is wrong. |
| 1:42.0 | They're rub it in our faces. This is an oligarchy. |
| 1:47.3 | This show is brought to you by my lead sponsor, Iron, the AI cloud for the next big thing. |
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