Loading summary
Ken
Foreign.
Scott
Who would have thought that when you elect a convicted felon who has ruined every business he's ever started, bankrupted casinos, anybody that's ever worked for him in the past has also ended up bankrupt. I'm talking about Mike Lindell, MyPillow, Rudy Giuliani, begging judges, you know, for pennies. Well, Ken, guess what's happened now. Elon Musk has completely tanked his brand. It is a self inflicted face plant. Put up this from the Lincoln Project. A devastating Tesla earnings report today. Net income fell 71%. Total revenue slid 9% from 21.3 billion a year earlier. Tesla stock down 41% so far in 2025. Suffered their worst quarterly since 2022. And what we're finding out is all of magus like go woke, go broke. Go woke, go broke. Well, Target tried to do that. They were woke. Their base was a group of urban people, urban voters and suburban voters. They dismantled dei, throw their pride support down the river. Guess where they are economically? In the shitter. Elon Musk, Sig heils running around with a fascist Tesla in the shitter.
Bess
Well, everything Trump touches is destroyed. But Elon Musk being a Nazi and doing sick heils and screwing with people lives, haphazardly stealing private data, it turns out people don't like that. They don't like it in the United States and they do not like it abroad. And so he's crying around poor Elon, the left being so mean. To me, the reason people are boycotting your brand is because of your behavior and your behavior alone and loyalty to Donald Trump to the tune of $300 million. So look in the mirror if you want to blame somebody.
Scott
And think about this, when you think about like voting blocks, when you look at an electoral map, you see that urban areas deeply blue, that's where the economic hubs are, right? And so it makes sense that if you start turning against that base where most of the dollars are spent in these big blue cities, even our city, which is purple, you know, 45%, 45%, that it's really off putting to a lot of consumers when you don't stand up for democracy. And this is just such short sighted economic reactionary policy. We are big dicks and we're going to get them out and swing them. And they never play the tape through that. The government's job is to provide economic security. But MAGA has floated this myth that we're going to run government like a business. And if you elect Donald Trump, every business he's had, he's run into the ground. Right. Okay, so here we have Trump, who is the weakest American president we've ever had. There's. It's not even open for debate. He picks a fight with China. China's like F you, your eyeliner wearing vice president called us peasants. We're going to troll the F out of him. And we have been a civilization for 5,000 years. You're only 12% of our economy. We're not going to blink. We're not going to do jack shit. So now Trump has, is blinking with China and trying to make his way back over. Play the clip.
Ken
145% is very high. And it won't be that high. Not going to be that high. It got up to that. We were talking about fentanyl, where, you know, various elements built it up to 145. No, it won't be anywhere near that high. It'll come down substantially, but it won't be zero. Used to be zero. We were just destroyed. China was taking us for a ride and just not going to have. It's not going to happen. We're going to be very good to China, have a great relationship with President Xi, but they would make billions and billions and billions of dollars a year and they would build their military out of the United States and what they made. So that won't happen, but they're going to do very well. And I think they're going to be happy and I think we're going to live together very happily and.
Scott
Okay, that's enough. And you guys know we put the chipmunk voice on him so that it's tolerable. But again, China, Europe, all of these other nations see the United States as unstable and insecure economically because we have a malignant narcissist surrounded by bottom feeder grandstanders at the White House. Nobody wants to do business with us. Nobody.
Bess
And can you blame them? It's tariffs now. Tariffs. Not now. Here's the thing. Donald Trump is a bully. And he thought he could go in and bully these countries, and these countries are like, fuck you. We'll go to Europe, we'll go to South Korea. We'll make our own free trade deals. We don't need you. And so in true Trump fashion, and I don't want to remind everyone in the Trump University lawsuit, they were going to settle for $4 million, Donald Trump said, no, I'm going to negotiate it myself. He settled for $25 million. The art of the deal is he is a dipshit and he always caves because he's a bully and that is exactly what's happening. So she take a victory lap.
Scott
And some really foundational things that he has broken. There is a global movement right now to boycott American products. I read an article where people were talking about how do we get off of American technology and what is these are Europeans and what is available to us via China. And that's how toxic this man has made this American brand. Which brings me to Republicans who are all about fiscal conservatism and we're all about the economy. And then all of these oligarchs are all engaged in this short sighted plan to placate to the ego of an almost 79 year old man that wakes up every morning and puts on orange makeup while his administration says they're against artificial colors. You know what I mean? So I mean this is just insanity. Okay, next up we have Trump. Now you may remember he is obscurity obsessed with Jerome Powell. He always has to blame somebody else for his screw ups. And he talks about firing Jerome Powell twice. Dow drops like a thousand points or something each time. Now he's backpedaling on this because the man has no spine. Play the clip.
Ken
I don't want to talk about that because I have no intention of firing.
Bess
Fundamentally. Remember, Trump does not have the authority to fire him. It would be against the law. Not that we think Trump gives a shit about the law, but it's interesting to me that Mr. I'm such a great businessman has done nothing but tank the U.S. economy. And the only person that's even respected right now on the government side because Bess, it's a dipshit lucknow, it's a dip shit, is Jerome Powell. And Jerome Powell is standing firm and being very pointed about what the future is. Well, Trump doesn't think about the future because he doesn't either care. No. Or he is doing it on purpose.
Scott
And Jerome Powell is playing the long game, which is what you want government to do. But you brought up Scott Bessant and Scott Besant is just a special case of like a demon queen. You know, he is an out of the closet gay man who has ascended to this position who has no issue with Trump putting on truth social, the pink triangle which was what the Nazis used to identify homosexuals when they sent them to get exterminated in, in concentration camps. He doesn't say a peep about that. Right. And so you have him. This is what they had to do. So you've got that Navarro who's all about the anti China tariffs and all this shit, right? They had to wait till Navarro was in a meeting. And Bessant has to go in and get Trump's ear when Navarro's not around to get him to put the pause on the tariffs, the 90 day pause, because everybody in the administration doesn't have a singular unifying economic plan. And the more I watch of Scott Besant, the more I think, do we just. If somebody earns a billion dollars, at some point, does the American public just say, oh my God, they're smart, put them in charge of shit. This video that I'm about to show you is from his Twitter account. The Secretary of the treasury tweeted this video of himself. And you just tell me what you think about it. Play it. America has been very good to me and my family and I want to spread the word that through financial literacy you can accumulate both financial security, peace of mind and move toward your financial goals.
Bess
Scott, how are you going to do that? What's your plan to do that? I mean, this guy, that's like first grade economics.
Scott
I mean, it's just like, I'm like, that's like his message to the American people right now. It's just number one, I don't think he's that great of a speaker, you know, and we're living in this shit, short, clipped political news cycle where you need to have experts that, that advocate for everybody, not just for the few. And MAGA constantly is advocating acting like they're advocating for everybody by playing in throwing red meat to get the base riled up. But really it's just for the few of them. I mean, Trump in the Oval was like, this guy made $2 billion today and this guy made $500 million today, which immediately should have been, somebody should have been arrested for all of that. Cor. But of course that didn't happen. But this, you guys, this sums up Trump anomics. This sums it up perfectly. Put up the first slide. The IMF predicts the economy hardest hit by Trump's tariffs will be. Drum roll please. The United States of America. This is a unforced error. This is Donald Trump and a bunch of dipshits that have dismantled expertise that are using, tackling and attacking the American economy, which people felt were feeling pretty secure about to dismantle it so that this Guy, who's almost 79 years old and free basis Diet Coke, had a button in the office so he can have them brought to him all the time and eats McDonald's all the time and won't release his real medical records and lies about his weight. The amount of people in this country that are this short sighted is such a fundamental moral law in a percentage of the electorate. All right, that's all we have for today. Some uplifting stuff in the United States of America. Please subscribe and we'll see you all later.
IHIP News: Musk In Shambles As Tesla Heads for Bankruptcy; Trump Surrenders to China
Release Date: April 23, 2025
Hosts: Jennifer Welch & Angie “Pumps” Sullivan
The episode kicks off with Scott highlighting the severe downturn in Tesla's financial performance. Citing a devastating earnings report, he points out that Tesla's net income plummeted by 71%, while total revenue decreased by 9% year-over-year, leading to a 41% drop in Tesla stock in 2025—the worst quarterly performance since 2022. Scott attributes this decline to Elon Musk's controversial branding strategies and the broader "go woke, go broke" phenomenon.
Notable Quote:
“Elon Musk has completely tanked his brand. It is a self-inflicted face plant.”
— Scott [00:04]
Scott expands on the idea that embracing progressive or "woke" policies leads to financial losses. He uses Target as a case study, arguing that their support for diversity, equity, and inclusion (DEI) initiatives alienated their core urban and suburban customer base, resulting in economic decline.
Notable Quote:
“Go woke, go broke. Well, Target tried to do that. They were woke. Their base was a group of urban people, urban voters and suburban voters... Guess where they are economically? In the shitter.”
— Scott [00:04]
Bess chimes in to reinforce the notion that Trump's influence has been destructive to various businesses. She accuses Elon Musk of nefarious behavior, including “stealing private data”, and argues that loyalty to Trump has financially burdened Musk’s brand by $300 million. Bess emphasizes that the brand's downfall is solely due to Musk's actions, dismissing claims that the left is unfairly targeting him.
Notable Quote:
“The reason people are boycotting your brand is because of your behavior and your behavior alone and loyalty to Donald Trump to the tune of $300 million.”
— Bess [01:29]
Scott critiques the Republican approach to economic policies under Trump, labeling it as short-sighted and reactionary. He argues that by alienating key economic bases in blue urban areas, Republicans are undermining the very economic stability they claim to protect. Scott also mocks Trump's business acumen, citing his track record of bankrupting every business he’s started.
Notable Quote:
“We are big dicks and we're going to get them out and swing them. And they never play the tape through that.”
— Scott [02:05]
The conversation shifts to international relations, particularly Trump's antagonistic stance towards China. Scott mocks Trump's confrontational tactics, suggesting that they have only fueled China's resolve to resist American economic influence. He predicts a deteriorated relationship where China continues to thrive economically and militarily, leaving the US isolated.
Notable Quote:
“Nobody wants to do business with us. Nobody.”
— Scott [04:22]
Ken introduces a discussion on domestic issues, including fentanyl crises and the administration's handling of China relations. The hosts then delve into Trump's perpetual conflicts with Jerome Powell, the Federal Reserve Chair. Scott criticizes Powell for his steadfast economic policies, while Bess points out Trump's inability to legally fire Powell, highlighting the chaos within the administration.
Notable Quote:
“Jeffrey Powell is standing firm and being very pointed about what the future is.”
— Bess [06:50]
Scott highlights a growing global sentiment to boycott American products, with movements advocating for reliance on non-American technology, particularly from China and Europe. He attributes this to Trump's toxic leadership, which has tarnished the American brand internationally.
Notable Quote:
“There is a global movement right now to boycott American products.”
— Scott [05:27]
Concluding the episode, Scott underscores the irreversible damage done to the American economy through Trump's misguided policies and personal misconduct. He references the International Monetary Fund (IMF) predicting that the US economy will suffer the most from Trump's tariffs, labeling these actions as “unforced errors” that have dismantled economic expertise and stability.
Notable Quote:
“This is Donald Trump and a bunch of dipshits that have dismantled expertise that are attacking the American economy...”
— Scott [09:16]
In this episode of IHIP News, Jennifer Welch and Angie Sullivan dissect the tumultuous economic landscape shaped by Elon Musk's faltering brand and Donald Trump's detrimental policies. Through sharp analysis and biting commentary, they argue that progressive business strategies are collapsing under political strains, while Trump's confrontational approach is isolating the US on the global stage. The hosts advocate for a return to sound economic policies and leadership that prioritizes national and economic stability over personal vendettas and divisive tactics.
For more insightful and comedic takes on political news, subscribe to IHIP News and stay updated with Jennifer and Angie’s latest episodes.