Dollar Liquidity, Fifth Generation Warfare, Iran Pressure, and the Massie Test | May 19, 2026

Brig. Gen. (ret) Blaine D. Holt and Tom Luongo on dollar liquidity as the master variable behind bond yields, oil prices, Iran pressure, and the political battle reshaping 2026.Guest host Brig. Gen. (ret) Blaine D. Holt closes out a three-hour edition of Your News Talk America with a deep-dive interview alongside Tom Luongo, host of Gold, Goats 'n Guns and Newsmax newsletter author, on the global economic chessboard. The conversation cuts past surface market noise to examine dollar liquidity as the single dominant variable driving everything from Treasury yields and oil prices to central bank behavior in London, Brussels, and Beijing.Luongo and Holt frame the current moment as fifth-generation warfare between sovereigntist and globalist forces, arguing that rising bond yields, currency stress in the euro and pound, and the scramble for marginal barrels of oil are downstream of a deliberate strategy to drain offshore dollar leverage and pull capital back inside the United States. The discussion covers the future of the Federal Reserve under Kevin Warsh, the shift from LIBOR to SOFR, the role of stablecoins as middleware for a bifurcated dollar system, and how genius and clarity legislation could reroute credit creation away from the City of London and back to American banks and entrepreneurs.The conversation then turns to the political battlefield: Acting Attorney General Todd Blanche's testimony, the scope of Southern District of Florida investigations, Trump's primary challenge to Thomas Massie as a litmus test for endorsement power, the Iran pressure campaign and the question of whether the Strait of Hormuz is genuinely contested, and a provocative theory connecting Guantanamo expansion, Cuba operations, and the possibility of a delegate-seated 2028 convention. The hour closes with Holt's debrief tying together the day's earlier interviews with Victoria Coates, Tom Del Beccaro, and Lance at RedPost Energy, and a call to American entrepreneurs to put freedom to work.Brig. Gen. (ret) Blaine D. Holt — Guest host, USAF (Retired); President of Factor X at Xeriant; Newsmax military and foreign affairs contributor; host of Dangerous IntellectualsVictoria Coates — international affairsTom Del Beccaro — domestic liberties and constitutional historyE.M. Burlingame — referenced as an entrepreneur about to go activeLance / RedPost Energy — high technology and energyTom Luongo — Host of Gold, Goats 'n Guns; Newsmax newsletter author (the third hour's featured interview)Your News Talk America with Jake SmithBroadcast weekdays on The Talk of Delmarva (92.7 and 98.5) and streaming online at WGMD.com and RealNewsTalk.com.Listen live, participate, and become a program Patriot by visiting:RealNewsTalk.com from 9 - Noon EasternFollow the latest national conversations, interviews, and commentary from voices shaping America’s political landscape.Produced by DTD MEDIA. © 2026 DTD MEDIA, All Rights Reserved.Interactive Radio - Join DIAL — Ask Questions & Chat LiveGo to RealNewsTalk.com on your phone or computer.Tap the blue "Join DIAL" button near the top of the page.Register with a quick display name Type your question or comment and send. The host and the rest of the audience see it live.Best experienced live, weekdays 9 a.m. to noon Eastern.