IHIP News: Fox News is Abandoning Trump Amidst Market Scandal?!

Release Date: April 10, 2025

In this compelling episode of IHIP News, hosts Jennifer Welch and Angie “Pumps” Sullivan delve deep into the tumultuous relationship between Fox News and former President Donald Trump amidst a burgeoning market scandal. Set against the backdrop of a red state, the duo offers a sharp, progressive critique of recent political and economic developments, blending humor with incisive analysis.

1. The Tariff Blitz and Insider Corruption

The episode kicks off with a critical examination of Trump's recent 72-hour blitz on tariffs. Jennifer Welch outlines how Trump initially vowed never to relent on tariffs but swiftly capitulated, revealing a potential plot for insider trading.

Jennifer Welch [00:00]: "Foreign caved on the tariffs, that he went on a 72-hour blitz that he would never cave on. Of course he immediately caved. But before he did so, he made sure that all of his billionaire friends had notice so that they could do a pump and dump scheme."

Welch presents a graph illustrating how insiders from the Trump administration capitalized by purchasing stocks low before the public was informed, suggesting a high level of corruption that undermines the integrity of U.S. markets.

Angie Sullivan [00:52]: "It is no surprise to me that he gave notice to the insiders and that people, billionaires, oligarchs, made money and the public still is holding the back on all this."

2. Authoritarian Tactics and Normalizing Corruption

The hosts argue that Trump's actions are emblematic of authoritarian strategies, aimed at normalizing corruption and consolidating power. Welch emphasizes the dangerous implications for the American economy and democratic institutions.

Jennifer Welch [01:18]: "He has normalized being cruel and valuing profits, valuing moralist billionaires over any sense of decency. This is just dagger after dagger after dagger in the way that we used everything that we used to hold dear."

Angie points out the blatant display of corruption and the deliberate undermining of market legitimacy, likening Trump's tactics to those found in authoritarian playbooks.

Angie Sullivan [02:13]: "He absolutely comes out and says this is, I mean, he advertises corruption. I don't know if it's arrogance or stupidity, but he is telling us that he is absolutely gaming the system for billionaires."

3. Media Complicity: Fox News' Role

A significant portion of the episode scrutinizes Fox News' unwavering support for Trump, highlighting how the network perpetuates propaganda that glorifies wealth and undermines democratic norms.

Jennifer Welch [01:20]: "I assume this plays really well with the Fox News cult that watches propaganda all the time that worship money and they admire wealthy people so much."

The hosts critique Fox News for its double standards, especially when recent broadcasts indicated a shift away from staunch support of Trump amidst economic turmoil.

Jennifer Welch [05:00]: "I would been a little shocked this morning to see Fox propaganda entertainment channel going kind of hard on Trump."

4. The Bond Market Scandal and Public Perception

The discussion shifts to the recent bond market fluctuations, where a surge in yields signaled potential economic instability. The hosts reference a segment by journalist Charlie Gasparino, who initially praised Trump's economic strategies before revealing underlying market concerns.

Charlie Gasparino [03:17]: "Donald Trump outsmarted the world. Trust me, I'm an American, I support my president. But that's not really what happened here..."

Welch and Sullivan condemn Gasparino's conflicted stance, interpreting his remarks as evidence of the deep-seated propaganda within Fox News.

Jennifer Welch [03:50]: "He is such a part of the propaganda machine... these are facts that are unfavorable to the Trump regime. This is insanity."

5. Public and Market Reactions

As Trump faces backlash from both the market and his own allies, the hosts discuss the broader implications for American democracy and economic stability. They highlight how Trump's inability to navigate the economic fallout reveals cracks in his authoritarian facade.

Angie Sullivan [05:53]: (Skipped Advertisement Segment)

Post-advertisement, the conversation resumes with a focus on Trump's tactics to create crises that he can then ostensibly resolve, only to falter under pressure.

Angie Sullivan [09:35]: "Here's what Trump likes to do. Creates a problem, an imaginary problem and then he comes in and sweeps in and says, oh, I fixed it."

6. The Imminent Reckoning

Jennifer Welch anticipates a forthcoming reckoning for Trump's actions, emphasizing the cumulative effect of his authoritarian maneuvers on America's economic pillars.

Jennifer Welch [10:08]: "We are in a very dangerous time. But at the end of the day, these rich Republican white men love their money. And I think that this reckoning we saw a mini reckoning with this authoritarian regime right now."

She underscores the importance of vigilance and continued resistance against authoritarianism, urging listeners to stay informed and proactive.

7. Conclusion: The Fight Against Authoritarianism

Wrapping up, the hosts reaffirm their commitment to exposing and challenging authoritarian tactics within the current political landscape. They call for sustained efforts to protect democratic institutions and economic integrity.

Jennifer Welch [10:08]: "Because this is authoritarian. This is an authoritarian play. And he has a lot of allies that are helping him. But we need to keep applying pressure."

Key Takeaways:

• Insider Corruption: Trump’s strategy allegedly involved using insider information to benefit wealthy allies, undermining market legitimacy.

• Authoritarian Playbook: Trump's actions are characterized as authoritarian, aiming to normalize corruption and concentrate power.

• Media Complicity: Fox News is scrutinized for its role in perpetuating propaganda and supporting Trump despite evident economic and political fallout.

• Economic Instability: Recent bond market fluctuations signal broader economic challenges, exacerbated by political maneuvers.

• Imminent Reckoning: There is an anticipated backlash against Trump’s authoritarian strategies, signaling a critical juncture for American democracy.

Notable Quotes:

• Jennifer Welch [00:00]: "This delegitimizes our economy, which is a play that authoritarians use."

• Angie Sullivan [02:13]: "He is telling us that he is absolutely gaming the system for billionaires."

• Charlie Gasparino [03:17]: "Donald Trump outsmarted the world. Trust me, I'm an American, I support my president."

• Jennifer Welch [10:08]: "We are in a very dangerous time... this reckoning we saw a mini reckoning with this authoritarian regime right now."

This episode of IHIP News serves as a potent reminder of the ongoing battle against authoritarianism and the critical role of independent media in safeguarding democratic values. Welch and Sullivan provide a thorough, engaging analysis that is both informative for newcomers and deeply resonant for regular listeners.