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Unknown Host
Foreign. Yesterday, the convicted felon president of the United States of America made some people in Moscow very happy when he intentionally wrecked the United States economy. Kylie put up this headline, well done, old man. Russian state TV revels in Trump having destroyed trust in the economy. Calls for a monument to be built in his haunt in his honor. And I just think that a part of this is we all like to lean into that. Trump's so stupid and Trump's so incompetent, and there's no question that he's both of those. But I do think a lot of this is an intentional play at dismantling every single aspect of the American pillars that we rely upon. The judiciary, the legislative he wants and the economy, the press, due process. They're dismantling all of it to help assist in this authoritarian play. And nobody on the planet is happier than this than all of the people at the Kremlin.
Unknown Co-Host
Well, and we know Vladimir Putin played the long game. He has played the long game with misinformation. And now he is praising Donald Trump. And we know Donald Trump had all these phone calls with them. Elon Musk's in bed with them. This is probably part of his plan. I mean, you can't argue that Trump is doing everything Putin would want a leader of the United States of America to do. It's inarguable.
Unknown Host
Absolutely. And a lot of this, his strongest desire is to be a worshiped dictator. And we have current dictators that we can look at that have done this. Vladimir Putin was put into office by a bunch of Russian oligarchs and slowly started dismantling all of the facets of Russian government. And now everything is consolidated with him. All of these oligarchs started dying. They can still continue to have these bullshit elections in Russ, Russia, just as they do in Hungary. But they're rigged, as we know with Navalny. What do they do with people who try to run against a dictator? He was put in jail. And so Trump knows, and the people around him know what they need to do to have an authoritarian form of government. They can look at Viktor Orban, they can look at Vladimir Putin, and we see that they are currently doing all of these things. And one of America's biggest crown jewels is the economy. And it's. Nobody can figure out why he did this, especially Dave Portnoy of Barstool Sports. Let's put Dave up here.
Dave Portnoy
Where were these people? They like? No, I never dreamed that the stock market tariffs were going to smash the stock market like this. People are saying that on the right, but people always trash the other on the left. Excuse me. Kamala was like, this tariff things, hideous idea. A lot of people, like, tariffs stink, but not these pro business people. I didn't hear any of that. You would have thought if they were, like, worried about it, they would have said it in the real time, but they were all behind it. Now, obviously, what they're saying is the way he rolled it out is Cucamonga. I mean, whatever he said, he was gonna do it the whole time. And now here's where I see the issue. The stock market crashes in 9, 11. Yes. Stock market crashed, Covid. Yes. But this is like a decision that one guy made that crashed the whole stock market. That's why we're calling it Orange Monday, not Black Monday.
Unknown Host
Yep. So he's starting to figure it out. And so here's what I have to say. Dave Portnoy. Kamala just didn't say that as a political talking point. She said every expert economist has studied what Trump is proposing to do and it will lead to a recession. She brought receipts. She brought Nobel laureate winners who had studied all of this, the Wharton School of business. And they said, if he does what he says he's going to do because it was there all along. He, this will lead to a recession. And she was exactly right because she studies and she doesn't just impulsively say things. Now, as to your business guys that you're leaning on with, what Trump does is he unlocks an impulsive urge in men and white women with internalized misogyny. He unlocks this. Sometimes we think about doing bad things. Every human being does. Like, I would be fun to just kind of fuck around and do that or cheat and do this. And then your brain comes in. You're like, that's not right. That's not going to feel good later on. Trump unlocks to where you always. Your default setting is to just go straight in on these urges. And he unlocked these capitalistic, misogynist, urgent urges in people. And they saw, oh, deregulation. I'm going to be rich like Elon Musk. This is going to be fantastic. Instead of pausing and listening to the woman who had all of the experts surrounding her. In America, one of our worst drugs is this get rich quick scheme. Or I can avoid all the work and win the lottery. We all still fantasize as a, as a population about having to skip over all of the grit and hard work that actually, when you achieve something, it actually feels better because you actually experience some pain to get There.
Unknown Co-Host
It cracks me up that all of these billionaires and now you have Dave Portnoy saying, oh my gosh, the tariffs are bad. He's crashing the stock market. Kamala Harris told us exactly what it was because she took the facts and she did the research. This is absolutely stunning to me that these people would act like this is a surprise. He said he was going to do this. You voted for a dipshit. He's always been a dipshit. All you had to do was give his record as a businessman a little bit of Google. Look at the bottom feeders he surrounds himself with. He doesn't have top economists from Wharton School. He has complete and total dipshit. So this is on you, Dave Portnoy and all these billionaires that were so short sighted, you wanted it, you got it.
Unknown Host
So you tee this up perfectly for the next point. Pumps. How did they get this crazy harebrained tariff idea? Deport noye. We're going to tell you. It wasn't Nobel laureate economists. It wasn't, you know, the smartest experts that study this stuff, that have studied it for decades. It was Jared Kushner doing a little shopping on Amazon. Please put this up. How did we get here? Donald Trump tanked the economy based on a book his son and son in law found on Amazon. He told Jared Kushner to find him an economic advisor, someone who could make him look tough and talk tough on China. Jared searched Amazon, saw a book called Death by China and thought the title was cool. So he cold called the author Peter Navarro and gave him a job. Navarro had no real economic credibility, just an obsession with tariffs and a made up expert named Ron Vera whom he cited repeatedly in his books. Who's Ron Vera? A fictional economist Navarro invented. It's an anagram of his own name. This is not a joke. This is literally how the Trump administration created its policy. One that wiped out 11 trillion in wealth, crashed markets and is nearly sending the world into another great Depression. A fake expert, a book cover, an Amazon search. That's it. That's how we got here. And so this is something that the Dave Portnoyes that have millions and millions of millions of followers that have benefited to the tune. Dave's a really rich guy. If you care an inkling about this country, do not participate in the dismantling and the dismissing of expertise. This is an authoritarian play. These dipshits Jared Kushner got on Amazon. Here's what I know about Pumps and me. If for some horrible reason we were politicians and there was A subject matter that I didn't know jack about. I would say let's get the five smartest people that have devoted their lives, I'm talking geeked out dorks, 4.0 that have written essays, papers and thesis on the subject matter to come in here and educate me about it. With maga, they operate on hubris. They think they know everything and they want to skip over the part where you have to do the work, where you have to learn, where you have to evolve, where you have to say, well, I have this idea. And then an expert completely dismantles your idea and makes you tuck your tail between your legs because you were not smart enough to figure it out. The best economies in the world are governed by the best governments. Corrupt economies don't have strong currency, don't have a strong electorate. And you can look no further than Russia, you can look no further than Hungary. This is a disaster. And until the people who have the lot, the biggest microphones, start coming together to expose the light on this administration. Ron Vera is not a real person. And millions of people lost their 401ks yesterday. Rich people like Dave Portnoy and then working class union people who voted for security. Like that's what you vote for. You go and vote for security. Now I'm never, ever, ever going to excuse a triple Trumper, whether it's Dave Portnoy or, you know, somebody in rural Oklahoma, because I'm sorry, most people have average intelligence, as Pumps points out constantly. Trump's a failed businessman. He fails at everything he touches, even casinos.
Unknown Co-Host
He destroys everything he touches. And this is the kind of shit he does. I mean, he had Jared Kushner, who is a trust fund Nepo baby. He's never done anything that we know of. Good for the world. And he gets an anagram for Peter Navarro. I mean, this is jaw dropping. This is grounds for impeachment right now, today. But you know what? Those pussies are never going to do anything about it. Those Republicans will sit there and they will take it. It's unbelievable. You would be embarrassed if you worked for this administration unless you're MAGA and the appeasement.
Unknown Host
You know, yesterday we saw this Supreme Court rolled in his favor regarding due process. And then you have like people in the media, personalities like Dave Portnoy that were all, all chips in on this bitcoin and saw Trump as a way that they could enrich themselves personally. But they forget, they forget having principle and having a spine and caring about others and valuing experts. And everybody watched the Debate. It was one of the most watched debates there was. You have one guy standing there with orange makeup on talking about people eating dogs and cats and stealing pets, which was a lie. And you had another woman who had smart experts surrounding her, constantly educating her as she traveled the country from point A to point B. Why people thumb their nose at expertise is beyond me, but it's something that's epidemic, epidemic in this country and it's going to end democracy and we are going to go the way of Hungary and Russia. And it's just sad that people with big microphones are not sounding the alarm, tucking their tail between their legs and saying I fucked up, right? Caved in my most stupid impulses. I get blinded by the thought of making millions of dollars and Trump sometimes acts like a tough guy and it bullshit and a fucked up and start deprogramming the American public because there's still a window where we could change and correct course here. But you know, I don't know. I mean, I don't know if that's as close as the day port noise of the world get or if he'll continue to evolve and, you know, start to turn his. I don't know how many followers barstool sports has, but I know it's millions. And once he starts and then Joe Rogan starts, because this is going to take not just Republican politicians and Democratic politicians, the whole landscape of the way everybody consumes news and the way they process it has completely changed because we all spend a disgusting amount of time with our cell phones. And so it's going to take an all hands on deck approach to dismantle what's happening with this crazy authoritarian propaganda. And people don't realize that's what it is. But attacking the economy the way he did is the electorate lose faith in the American economy, which is one of our big pillars. You saw Dave Portnoy sitting there melting down, couldn't believe it, couldn't believe it, you know, and so. But this is an authoritarian play and we have to start educating the public and we can't just rely upon Republicans or Democrats. It's an all hands on deck. And so I welcome Dave Portnoy to join the resistance and try to save this country. Because you let them go after trans people, you let them go after gay people, you let them go after black people. Soon they're going to be coming after your First Amendment rights day. Portnoy. That's why we fight for everyone unapologetically and do not give an inch in our plight and in our fight for social justice and civil rights. Because that's what decent people who believe in democracy do. All right, we're on our way to 1 million subs. Subscribe, share, do all this stuff and pumps, and I will see you all later.
IHIP News Podcast Summary
Episode: MAGA Influencers Crying After Getting Scammed by Trump
Release Date: April 8, 2025
Hosts: Jennifer Welch & Angie “Pumps” Sullivan
In this episode of IHIP News, hosts Jennifer Welch and Angie “Pumps” Sullivan delve into the tumultuous economic landscape shaped by former President Donald Trump's policies. The discussion opens with a critical examination of Trump's intentional destabilization of the U.S. economy, which has not only domestic repercussions but also international implications.
Jennifer Welch highlights the global perception of Trump's actions:
"Trump has destroyed trust in the economy. Calls for a monument to be built in his honor. And I just think that a part of this is we all like to lean into that."
(00:00)
The conversation progresses to analyze how Trump's policies systematically undermine fundamental American institutions. Welch asserts that Trump's maneuvers are part of a broader strategy to erode the judiciary, legislative frameworks, economic stability, press freedom, and due process, thereby paving the way for authoritarianism.
Jennifer Welch states:
"They're dismantling all of it to help assist in this authoritarian play. And nobody on the planet is happier than this than all of the people at the Kremlin."
(01:07)
A significant portion of the episode focuses on the impact of influential figures like Dave Portnoy of Barstool Sports. Portnoy's criticisms of Trump's tariff policies and their catastrophic effect on the stock market are examined critically by the hosts.
Dave Portnoy comments on the tariffs:
"That's why we're calling it Orange Monday, not Black Monday."
(02:43)
Jennifer Welch counters Portnoy's perspective by emphasizing the foresight of experts:
"Kamala just didn't say that as a political talking point. She said every expert economist has studied what Trump is proposing to do and it will lead to a recession."
(03:40)
The hosts delve into the questionable expertise of Trump's economic advisors, particularly Peter Navarro. They expose Navarro's lack of real economic credentials and his reliance on fictitious experts, highlighting the reckless nature of Trump's economic decisions.
Jennifer Welch elaborates:
"Donald Trump tanked the economy based on a book his son and son-in-law found on Amazon. He told Jared Kushner to find him an economic advisor... Jared searched Amazon, saw a book called Death by China and thought the title was cool."
(06:19)
A thematic concern throughout the episode is the parallel drawn between Trump's administration and authoritarian regimes like Russia under Vladimir Putin and Hungary under Viktor Orban. The hosts warn of the erosion of democratic values and the consolidation of power reminiscent of these nations.
Angie "Pumps" Sullivan emphasizes the danger:
"This is an authoritarian play and we have to start educating the public and we can't just rely upon Republicans or Democrats. It's an all-hands-on-deck approach."
(10:19)
Welch and Sullivan argue that Trump's disdain for expert advice and reliance on flawed economic theories have led to a significant loss of public trust in essential institutions. They advocate for a return to valuing expertise and informed decision-making to preserve democracy.
Jennifer Welch asserts:
"Why people thumb their nose at expertise is beyond me, but it's something that's epidemic in this country and it's going to end democracy."
(10:19)
The episode concludes with a passionate call to action, urging listeners to recognize the signs of authoritarianism and actively participate in resisting the dismantling of democratic institutions. The hosts encourage educating the public and holding influential figures accountable to safeguard civil rights and social justice.
Jennifer Welch passionately concludes:
"Because that's what decent people who believe in democracy do. Subscribe, share, do all this stuff and pumps, and I will see you all later."
(10:50)
Key Takeaways:
Economic Destabilization: Trump's policies have intentionally undermined the U.S. economy, leading to significant market crashes and loss of public trust.
Undermining Institutions: Efforts to dismantle key American institutions pave the way for potential authoritarianism, drawing parallels with Russia and Hungary.
Influencer Responsibility: Influential figures like Dave Portnoy play a critical role in shaping public opinion, and their support for flawed policies exacerbates economic and democratic crises.
Importance of Expertise: Valuing and relying on expert advice is crucial for maintaining economic stability and democratic integrity.
Call to Action: Active participation and resistance are necessary to combat the erosion of democratic values and protect civil rights.
This episode serves as a stern warning about the fragility of democratic institutions and the profound impact of leadership decisions on both the economy and societal structures. Welch and Sullivan emphasize the urgency of collective action to preserve the foundational pillars of American democracy.