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Tim Miller
Hey everybody, it's Tim Miller from the Bulwark. I'm here with Keith Edwards of YouTube fame. You might know him from the Keith Edwards show on YouTube. And we were texting about this crazy story and we're like, let's just get on. We haven't vibed out together on video really. And let's just do this.
Keith Edwards
Never.
Tim Miller
This is crazy. So, you know, tell us if you.
Keith Edwards
Like it in the comments.
Tim Miller
Maybe we'll do it more. I have, I have a list of things that is, you know, I just.
Keith Edwards
Want to just chat with you about five out.
Tim Miller
But the one we were texting about was Donald Trump is in the nuclear, nuclear fusion business now.
Guest/Co-host
Insane.
Tim Miller
Trump Media has merged with TAE Technologies.
Keith Edwards
I'm going to read this from the from the New York Times here.
Tim Miller
Presidential social media company, which recently expanded into streaming and cryptocurrency naturally is entering its fourth act, Fusion Power, a promising but unproven source of alternative energy. It was an all stock merger. The company's valued at more than $6 billion. $6 billion. TAE is the infusion company, which seems like decently legit. You know, I don't. I'm not a nuclear fusionist, so I don't. I can't quite judge how legit, but it seems like that's legit. But I guess I should note it's a highly regulated industry, nuclear fusion.
Guest/Co-host
One that he's deregulated, actually, as he's been president. Did you know that?
Tim Miller
No.
Guest/Co-host
Yeah, I looked into this a little bit. He's been that and crypto. And that's what the Trumps love, crypto.
Keith Edwards
And I guess crypto deregulation.
Tim Miller
Yeah. Isn't this insane? He's got a $6 billion company. That's. Here's what it is. It's truth social, like the. Totally. His blog.
Guest/Co-host
It's a blog. No one else is on it.
Tim Miller
Yeah, it's a blog, like his personal blog. His crypto is fake crypto coins, his shit coins, and also the stable coins.
Keith Edwards
That the Middle Eastern dictators are purchasing.
Tim Miller
Which are super real. And I guess there's. They must be streaming Don Junior's podcast and nuclear fusion and it's worth 6 billion. And we thought the Barry Weiss CBS deal is a lot. 150 million. This is 6 billion. This is insane.
Guest/Co-host
It's insane. And it's. I am, I am just like baffled. I mean, the thing is, it's what I text you. There's so much grift going on and there's so much insane stuff happening that like this, I feel like this is like a lower level thing. Like, I think no one's really, like, it didn't really even make that much news, but the president of the United States is now like, has an energy.
Tim Miller
Company, a nuclear energy company. Yeah. I was texting, my buddy texted me this, who's like outside of politics, who's.
Keith Edwards
Like in the deals business and finance world. And he texted me this morning, he's like, deal coming through. Trump's social media company and nuclear fusion merger.
Tim Miller
I'm like, what? Jimmy Carter had to sell his peanut farm? Like, we've never had presidents that are in business. He is the largest stakeholder here. He's entering a highly regulated industry. A little less regulated, I guess, than before. As you flag. And like 6 billion. I mean, I said this on Twitter, like, Tiffany's kids are like Ivanka's kids. Maybe he's at Tiffany's, but Tiffany, like one of them Eric's kids. Kids are going to have. Are going to be a nuclear fusion.
Keith Edwards
Magnate because of this.
Tim Miller
Like, it's like the grift will reverberate for generations. Like they're going to generational wealth and it's being stolen. I mean, like, it's being stolen some. They're stealing the people that are investing.
Keith Edwards
Into the fake, the shitcoins. This might end up being legitimate business. I don't know.
Guest/Co-host
It's delegitimized by their involvement because like, what do the. Like, what other media company is. Also has like a, has a power. Like has.
Tim Miller
Did you ever watch 30 Rock Powers? Did you ever watch 30 Rock and 30 Rock? It was like they had a merger.
Keith Edwards
Joke where like NBC ends up being bought by the shineheart wig company.
Guest/Co-host
It's like that. But it's like a. It's a joke. Like, it's like if Fox News were to merge with. I don't, I don't even.
Keith Edwards
Like Chevron.
Guest/Co-host
Yeah, it's. It's crazy.
Tim Miller
Who are investors? Those are the other investors in this company. I pulled up the CNBC article and I was like, who else? I was like, how legit is this? Chevron Alphabet, which is Google. So Alphabet, which is Google and Chevron are now investors in the president of the United States energy business.
Keith Edwards
Those are also highly regulated companies and there could be mergers that would have to be reviewed that Google gets into in the future if they decide to get in on the Warner Brothers deal or something.
Tim Miller
It's totally mind buying. It's like if you took a banana republic, like a totally corrupt third world.
Keith Edwards
Country and like had their governance system, but we gave it to the richest government in the world.
Guest/Co-host
This is literally Russia. I mean, it's Russia. This is how Russia works.
Keith Edwards
Nobody's getting pushed out of buildings yet. I don't know. We haven't.
Guest/Co-host
I mean, I don't know. I mean, not to be a conspiracy theorist.
Tim Miller
MIT professor.
Guest/Co-host
Yes. On the same day.
Tim Miller
Yes.
Guest/Co-host
Or like within the week. Yeah, it kind of. For those who don't know an mit. No. What was he. Was it one of the leading nuclear fission scientists?
Tim Miller
Yeah.
Guest/Co-host
Looking into this sort of stuff. I didn't know he existed. Apparently his work is very well renowned and he was. It looks like it may have been some form of assassination or planned killing. And then the president. United States also has his nuclear fission company now.
Tim Miller
Nuno. Nuno is the director of MIT's Plasma Science and Fusion Center.
Keith Edwards
Yeah.
Tim Miller
Nuclear fusion center.
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Tim Miller
You know, this is why this is.
Keith Edwards
Your first video on us. You're just coming in hot.
Tim Miller
We're coming in hot together. Your first video. You're like, maybe not to be a conspiracy theorist, but we're just saying.
Guest/Co-host
Well, you said in Russia people get thrown out of buildings and perhaps.
Tim Miller
Perhaps, perhaps what you do you do believe that Tyler Robinson killed Charlie Kirk, right? The Mormon kid?
Guest/Co-host
Oh, yeah. I'm not. Yeah, of course. Oh, my God.
Keith Edwards
We just got getting a bunch of downvotes. Last video I did on that, I lost nine subscribers and I'm like, good riddance. Okay. To you. Nine subscribers. Sorry.
Tim Miller
But you'll come back. You'll come back because we're fun. All right, so there you go. The biggest grift in history is just.
Keith Edwards
Happening kind of right under our nose. And those like, the biggest one for now. Yeah. And that'll be like a great grandchild of Trump that will have like some AI fusion company and will, like, build a skyscraper in Dubai and it'll be funded by this grift Trump Energy.
Guest/Co-host
Trump Energy.
Tim Miller
I saw you tweeted about these two things.
Keith Edwards
So we're going to talk about those two.
Tim Miller
I mentioned, you know, Barry Weiss and what's happened at the networks. The Trump speech last night, the yell, like the 20 minute yell.
Keith Edwards
All the.
Tim Miller
Networks aired it and it did feel weird in the moment. Right. I was wanting.
Keith Edwards
It felt weird because it was like, how is this real life? Is this spoof?
Tim Miller
But I was like thinking, and I was like, yeah, I feel like this is the kind of thing that cables would used to run, but the networks would only run like real big ones, you know, and they wouldn't just run.
Keith Edwards
Every random one that the President asked for. And Eric Schultz is Obama's advisor, posted.
Tim Miller
This and it was, as it turns out.
Keith Edwards
Yeah. In 2014 during the Obama administration and in 2022 with President Biden, they, they had a speech of this nature where they wanted to talk about, you know, kind of the state of things politically. It wasn't really speech of this nature because it was like coherent and like was. There weren't lie, like random lies and you know, the shouting.
Tim Miller
But it was giving a speech, they wanted to kind of make it political message and the networks refused to do it.
Keith Edwards
And now they're just, the networks are just like, whatever you want, Daddy.
Tim Miller
Trump.
Guest/Co-host
Yeah, I messaged Eric when I saw that and I was like, I could not believe that. Well, first off, I didn't know that networks used to be able to say no.
Tim Miller
Oh yeah, it's a free country. Yeah.
Guest/Co-host
But I guess they don't anymore.
Tim Miller
They're just scared of him because he.
Keith Edwards
Sues people over stupid shit and.
Tim Miller
Right.
Keith Edwards
And I mean, he's got his puppet in at cbs. That's one of the networks.
Guest/Co-host
It couldn't have been a more political speech too. And I assume they get, they asked for a transcript ahead of time to evaluate this sort of thing. The fact that they said no to Obama and then they're saying yes to this. It was basically a campaign speech on network news. But for free.
Tim Miller
For free. Yeah. They're just giving them whatever they want. It is, it's notable because, like, we're starting to see, like there's this good news.
Keith Edwards
I know you've been covering this. I have. Like, people are finally saying no to him.
Tim Miller
You know, like at the beginning of.
Keith Edwards
The year it was, was feeling very authoritarian where like all of the richest people in the world and all these corporations and everybody was just like saying whatever you want.
Tim Miller
Yes, sir. You know, here's a fake trophy. But like, you Know, the Indiana legislature and redistricting, like Marjorie Taylor Greene. There've been like a few examples of people saying no. And so it's like even more notable.
Keith Edwards
Now when, like, these corporations are so cowardly. Like, it was just unbelievable how cowardly they've been.
Guest/Co-host
I don't, I think, I mean, this is me being naive. I just guess I thought that the billion millionaires, the oligarchs and the companies would actually be defending our values because I think free market, I think like capitalism, free market, democracy, they all kind of have to work hand in hand. It's one of the reasons why we are the, One of the. We are the richest country in the world is because people can trust that what happens in our markets is free and fair. But not anymore. And I guess I just don't understand that the oligarchs would want in on the grift rather than wanting to protect our values to make sure that the best ideas and the most successful companies are the ones who are actually creating the most value.
Tim Miller
Yeah, short term thinking, I guess.
Keith Edwards
Yeah.
Tim Miller
Well, sure. Maybe they'll change their tune. Like it's such a disaster that like, eventually maybe they'll come around and start.
Keith Edwards
Sounding like us when, when, when it makes, when they like, maybe there's a.
Tim Miller
Lag, you know, like they kind of were like, think about this way.
Keith Edwards
Like, I don't, I'm not comparing woke to Trump being an authoritarian, but like.
Tim Miller
They sort of, like there was already.
Keith Edwards
Kind of like a backlash against kind of the most obnoxious, like, parts of like left, left wing identity politics.
Tim Miller
Like that was happening already in the country, but the corporations were still doing.
Keith Edwards
Like the Lockheed Martin Pride float, you know, brought to you by the LGBTQ +IA. Like, do we, we really don't need Lockheed anymore, you know, and so like.
Tim Miller
That was still happening and then Trump.
Keith Edwards
Won and they're like, oh, fuck, like, we gotta change now. It's like only white guys in the ads and like Sydney Sweeney jeans ads and stuff.
Tim Miller
You know what I mean? So is it possible that they just.
Keith Edwards
Will be kind of delayed because they're so cowardly and like, they'll see Trump being a disaster and then they'll come back around eventually.
Guest/Co-host
Maybe, but I don't know. I don't see Jeff Bezos if Donald Trump tries to go for a third term. I don't think I see Jeff Bezos or like Target rallying around the fact that he can only have two terms. I just don't. I don't either know if I see that. Do you think he's going to run.
Tim Miller
For a third term? I think it's impossible to predict what.
Keith Edwards
An 82 year old megalomaniac will want to do.
Tim Miller
That's like my general answer.
Guest/Co-host
He's going to be so old. That is like the only thing that is like giving me hope. I just don't see how he gives up power. That's just kind of how I feel today.
Tim Miller
I hear that.
Keith Edwards
I go back and forth.
Tim Miller
To be honest, the fact that it's.
Keith Edwards
Even a question is kind of the.
Guest/Co-host
Answer to me is insane. Yeah, I guess.
Tim Miller
Yeah. Two other things I wanted to grab.
Keith Edwards
You on before we leave.
Tim Miller
Dr. Oz gave a speech today. You saw this?
Guest/Co-host
I knew it was happening. Unfortunately, Dr. Oz, I did not, I did not check in on your, on your statements, but I just play a.
Keith Edwards
Little clip for everybody.
Dr. Oz Clip Speaker
Shockingly, a phalloplasty, the creation of a penis, costs on average in America, according to this data, high quality, $150,000 per child. I do believe with doing some work that these, these prices have continued to increase with increasing manufactured demand. And I must point out that the creation of a vagina, in that case of a phalloplasty or a scrotoplasty where you add testicles, that's extra.
Tim Miller
We've got inflation in penis plasties. 150 grand for a penis these days. The going rate.
Guest/Co-host
I didn't know it cost that much. I mean, it makes sense, but penisflation, I guess is the thing that we should be worried about. The affordability crisis has come to your crotch.
Keith Edwards
Why has he afforded it?
Tim Miller
You would think that like AI and technological advances.
Guest/Co-host
Well, let's be honest. That's an art. That is an art. Art is hard to replicate. So that makes sense. It costs a lot.
Tim Miller
You're probably not old enough. Do you remember John Bobbitt? Do you remember Lorena Bobbitt? She cut off her John Bobbitt's dick.
Guest/Co-host
Two years older than me.
Sponsor Announcer (Aura Frames)
Tim?
Guest/Co-host
Yes.
Tim Miller
Is that true?
Keith Edwards
Yeah.
Guest/Co-host
How old are you?
Tim Miller
We're not talking about that. John Bobbitt's dick got cut off. I don't know. I would think if. 150 feels kind of like a good deal.
Keith Edwards
I don't know.
Tim Miller
You felt like that? Seems fine to you?
Guest/Co-host
I mean, it makes sense. It certainly. I mean it's like the cost of a.
Tim Miller
Can it get erect the $150,000 Venus?
Guest/Co-host
No, I don't, I don't. I actually don't know how that works.
Keith Edwards
Feels not worth it.
Tim Miller
Then.
Guest/Co-host
I will not comment on why.
Tim Miller
Was Dr. Oz worried about this? Inflation. It's costing us too much money. The transgender surgeries is costing us too much money. That was the gist. Here we.
Keith Edwards
Or is he in the market?
Guest/Co-host
I think that is the thing he was trying to focus on was that, like, how many people are getting dicks in the year? 2, 20, 25. 3 people. I don't know, like, through the government.
Keith Edwards
I don't think that landed.
Tim Miller
All right. Do you have any hot takes on the heated rivalry discourse for you don't know. There's a hockey show on.
Keith Edwards
Is it on Max or News Netflix?
Guest/Co-host
Is it on Max? It's on Max, right?
Keith Edwards
Three handsome white guys. This is where, you know, woke is over.
Tim Miller
Three handsome, muscly white guys.
Keith Edwards
They play hockey.
Tim Miller
And it's like the three. The three best hockey players in the.
Keith Edwards
World are all gay.
Tim Miller
So it's pretty.
Keith Edwards
It's not really touched for three hours.
Guest/Co-host
That's how it is, actually.
Tim Miller
And, you know, some of the people.
Keith Edwards
On the Internet don't like that. They're like, you know, it should be because they're hot. I don't. I don't.
Tim Miller
I can't explain. I mean, they think it's too, I.
Guest/Co-host
Don'T know, like, let people be hot. Let people enjoy things.
Keith Edwards
Yeah, right.
Guest/Co-host
I don't know. I just think.
Keith Edwards
Yeah.
Guest/Co-host
If you don't like it, don't watch. It's so. It's so simple.
Tim Miller
It's a hockey show.
Guest/Co-host
Yeah. Have you watched it? I haven't watched it. I've never watched. I mean, I watched looking. Remember looking?
Keith Edwards
Oh, yeah, yeah.
Guest/Co-host
But other than. I haven't really watched a gay themed.
Tim Miller
Really? Yeah. And so this is somewhere different. I consume all gay theme crowd. Now, I will say I'm not like, heated.
Keith Edwards
I'm not engrossed when I'm taking notes. Usually I'm preparing for the next day's.
Tim Miller
Podcast while it's on in the background.
Keith Edwards
You know, so I'm not following all the plot points.
Tim Miller
I'm getting the gist. Yeah. I don't know. I mean, I'd be cool with a football. I think I'm gonna do a spin off of football perversion. It's like three, like, wide receivers. Black guys. That would be great, too. I'm just for it all. Like, more is more.
Keith Edwards
As far as I'm concerned, on hot people streaming shows.
Guest/Co-host
Brand it. Yeah. Just like, do as many. It's like Real Housewives.
Tim Miller
Sure, sure.
Guest/Co-host
Every sports team. Swimmers, soccer.
Tim Miller
This is what we. This is what we get along. You know, it's Just like, we just want joy, you know, we just want everybody experience happiness. Why is to. Well, don't. Don't take away our happiness. Okay. Yeah.
Guest/Co-host
Let people enjoy things. If you don't like hot white guys making out in the locker room, that's. I. That's okay. I don't. I don't identify with that. But I accept you for.
Tim Miller
It's not exactly my exact. I mean, you know, if we're getting really into like, what my preferred, you know, the hockey demo. Really?
Keith Edwards
Mine?
Tim Miller
That's not.
Guest/Co-host
I don't know. Hockey.
Tim Miller
Hockey.
Grainger Announcer (HVAC Technician Ad)
Yeah.
Tim Miller
That's not for me. That's like a little. It's a little too muscly for me. It's not for what I usually go for.
Guest/Co-host
Soccer, I think is the hottest. Is that. Would you agree?
Tim Miller
Why.
Keith Edwards
Don't make me choose between my babies.
Tim Miller
I don't know.
Keith Edwards
They're all great.
Tim Miller
Keith Edwards. We'll leave it there. It's the Keith Edwards show. And let us know if you like this. It's a crossover event and I'll do.
Keith Edwards
It on his next time. Yeah.
Guest/Co-host
Okay.
Keith Edwards
So to speak.
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Tim Miller
Oh, the car from Carvana's here.
Grainger Announcer
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Guest/Co-host
Like, precisely.
Grainger Announcer
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Tim Miller
But there aren't, right?
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Tim Miller
Buy your car today with Carvana.
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Tim Miller
Com.
Date: December 19, 2025
Host: Tim Miller
Guest: Keith Edwards
This lively Bulwark Takes episode sees Tim Miller joined by Keith Edwards, a political commentator and YouTube personality, for a rapid-fire conversation about some of the wildest news stories of the day. They unpack Donald Trump’s eyebrow-raising entry into the nuclear fusion business with a $6 billion company merger, reflect humorously (and critically) on Dr. Oz’s bizarre recent speech about gender-affirming surgeries, discuss the changing dynamics between the media and political power, and riff on current streaming trends—with plenty of characteristic Bulwark irreverence and wit.
[01:55–06:57]
The Story: Donald Trump’s social media company (Truth Social) has reportedly merged with TAE Technologies, a nuclear fusion startup, in a deal valued at over $6 billion.
Keith reads from the New York Times: Trump's media ventures (cryptocurrency, streaming, and now, nuclear fusion) demonstrate a 'fourth act' that is bizarre even by today's standards.
Skepticism and Satire: Both hosts express disbelief about the merger, suggesting it’s more grift and spectacle than serious business, and draw parallels to outlandish corporate mergers from sitcoms like 30 Rock.
"Trump Media has merged with TAE Technologies... It was an all stock merger. The company's valued at more than $6 billion. $6 billion."
– Tim Miller (02:08)
"The grift will reverberate for generations... they're going to generational wealth and it's being stolen."
– Tim Miller (04:39)
Ethics, Regulation & Investors: The merger of a presidential business interest with a highly regulated industry raises serious concerns. The fact that companies like Chevron and Google (Alphabet) are now Trump’s business partners accents the surreal “banana republic” quality of the situation.
"Chevron... and Alphabet, which is Google, are now investors in the president of the United States energy business."
– Tim Miller (05:26)
Governance Parallels: Multiple analogies are drawn to Russian oligarchic systems.
"This is literally Russia. I mean, it’s Russia. This is how Russia works."
– Guest/Co-host (06:10)
[09:31–13:14]
Dr. Oz’s Speech: The conversation pivots swiftly to how all major networks aired a lengthy Trump speech, which was essentially a campaign rally, unprecedented in recent years for its lack of substance and overt political content.
"The Trump speech last night—the yell, like the 20 minute yell... All the networks aired it and it did feel weird in the moment."
– Tim Miller (09:31)
Contrast with Past Presidents: Networks previously denied Obama and Biden similar airtime for non-official addresses, highlighting a double standard now operating in Trump’s favor.
"The fact that they said no to Obama and then they're saying yes to this... It was basically a campaign speech on network news. But for free."
– Guest/Co-host (11:00)
Critique of Corporate & Media Obedience: The hosts blast the media’s—and America’s—“oligarchs” for rolling over for Trump, suggesting old norms of corporate and democratic safeguards are collapsing.
"These corporations are so cowardly. Like, it was just unbelievable how cowardly they've been."
– Keith Edwards (11:48)
"I just guess I thought that the billion millionaires, the oligarchs and the companies would actually be defending our values... But not anymore."
– Guest/Co-host (11:54)
Speculation on the Future: The entitled patterns of corporate America raise concerns for future elections and democratic processes.
"I just don't see how he gives up power. That's just kind of how I feel today."
– Guest/Co-host (13:58)
[14:16–16:16]
Dr. Oz’s Speech Clip (14:27): The hosts play and roast a snippet where Dr. Oz describes the high cost of gender-affirming surgeries—specifically, phalloplasty.
"Shockingly, a phalloplasty, the creation of a penis, costs on average in America...$150,000 per child."
– Dr. Oz (14:29)
Hosts’ Reaction: Tim and Keith deride Oz’s focus on “penisflation” and mock the manufactured outrage:
"We've got inflation in penis plasties. $150 grand for a penis these days. The going rate."
– Tim Miller (14:57)
"Penisflation, I guess, is the thing that we should be worried about. The affordability crisis has come to your crotch."
– Guest/Co-host (15:06)
Satirical Digression: The duo riff comically about the economics and art of genital surgery—evoking the Lorena Bobbitt case for reference comedy.
[16:30–18:51]
Streaming Trends: There’s a playful debate about the new wave of sports-themed, LGBTQ+-inclusive streaming shows (like the hockey series on Max/Netflix).
Wry Takes on 'Wokeness': The hosts joke about cultural backlash and shifting trends in representation, expressing general support for diversity and "hot people" on TV.
"Three handsome, muscly white guys. They play hockey. And it's like the three best hockey players in the world are all gay."
– Tim Miller (16:42)
"Let people enjoy things. If you don't like hot white guys making out in the locker room, that's... I don't identify with that. But I accept you..."
– Guest/Co-host (18:15)
On Trump’s Nuclear Fusion Grift:
"It's like the grift will reverberate for generations."
– Tim Miller (04:39)
Media’s Deference to Trump:
"And now the networks are just like, whatever you want, Daddy."
– Keith Edwards (10:04)
On "Penisflation":
"Penisflation, I guess, is the thing that we should be worried about. The affordability crisis has come to your crotch."
– Guest/Co-host (15:06)
On Network Choices:
"The fact that they said no to Obama and then they're saying yes to this... It was basically a campaign speech on network news. But for free."
– Guest/Co-host (11:00)
On Letting People Enjoy Things:
"Let people enjoy things. If you don't like hot white guys making out in the locker room, that's... I don't identify with that. But I accept you..."
– Guest/Co-host (18:15)
The conversation is fast-paced, deeply irreverent, and loaded with political and pop culture references. Tim and Keith move quickly from sharp political critique to snarky asides, balancing insight with pure amusement at the absurdities of the day.
If you missed the episode, you’ll find a wide-ranging, high-energy conversation that jumps from jaw-dropping news (Trump’s latest business venture and media complicity) to head-shaking cultural satire (the Dr. Oz “penis inflation” speech), rounded off with some lighter riffs on streaming trends and representation in media. The tone is sharp, skeptical, comedic, and openly critical of both political and corporate America’s cowardice and opportunism.