The David Pakman Show

War backfires, base revolts, gas prices spike as market collapses

Mar 3, 2026
Ruben Gallego, U.S. Senator from Arizona and Iraq War veteran, weighs in on recent military strikes and their legality. He discusses how the actions clash with campaign promises and spark backlash within the base. Conversation covers soaring gas prices, economic fallout, and the political timing ahead of midterms.
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ANECDOTE

Clinton Deposition Turns Into GOP Embarrassment

  • Hillary Clinton's deposition hearing backfired on Republicans as she forcefully rebuked Lauren Boebert and Nancy Mace over conspiracy questions.
  • Boebert's Pizzagate and Anthony Weiner laptop lines of questioning were dismantled and produced sympathetic optics for Clinton.
INSIGHT

Trump's Iran Strike Fractures His Base

  • Donald Trump's Iran strikes collapsed his anti-war brand and risked significant base defections among MAGA figures like Tucker Carlson and Marjorie Taylor Greene.
  • Betting markets and commentators now see impeachment as plausible because Republicans may break with him over war decisions.
INSIGHT

War Risk Sent Oil Markets Into Panic

  • The military escalation sent oil and gas markets into turmoil, driving oil toward $77 per barrel and gasoline up roughly 13% nationally.
  • Closed Strait of Hormuz and disrupted LNG flows threaten a broader supply shock that would push consumer prices higher.
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