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Chris
Foreign. The global markets are tanking because an insecure convicted felon con man wants businesses to be beholden to him. He wants them to beg him. He wants to be in a position of forced power because that's how insecure he is. Put up this first video.
Anne Marie
Well, because if they got in, the entire economy would collapse. This country is heading for a collapse under the people that you saw. They were horrible.
Chris
I think, all right, this country was not heading for a collapse. Put up the next slide. Here we have Biden's economic legacy. 16.6 million jobs created. Unemployment went from 14.1% to 4.1%. The S& P, up several thousand points. The Dow Jones, Dow Jones up over 10,000 points. This was the legacy. But don't act, don't talk to me about this. Listen to the Wall Street Journal headline. A few days before the election. They say the next president inherits a remarkable economy. The high quality of re recent economic growth should put a wind at the back of the White House's next occupant. This was October 31, 2024, just a few months ago. Tailwinds. That's all he had to do. And I remember pumps. We were all so worried that he was going to go in and then start taking credit for Biden's economy. And what he's doing is exactly what he campaigned on doing, which is this harebrained tariff bullshit. And the reason he's doing it is because he wants all of these businesses to beg him, to beg him. Because he likes the power, he likes the cruelty. And he doesn't give a shit about anybody's 401ks and nobody in his administration does because they're all billionaires.
Tim
The biggest myth ever perpetuated on society is that Donald Trump is a good businessman. He bankrupted casinos. It's impossible to bankrupt casinos. He is now going to bankrupt Americans. Farmers, blue collar workers, workers, people that are upper echelon economically, they're going to go to shit because the stock market's tanking. And I'm with you. If he's not doing it on purpose, it's beyond anything I've ever seen.
Chris
He's 100% doing it on purpose. He campaigned on this. He said he was going to do this, the tariffs. But all of the Wall street bros get triggered and their lizard brain starts going when he starts doing this tough, tight, tough guy, macho talk and they, they resort to their default setting and then he wins. And the stock market is going up and now he's raining hellfire because he this is an attack on democracy. He's already owns the legislature. None of these Republicans are going to stand up to him. He's bullying the out of the judiciary and now he's going after businesses. Look at what he's done with these law firms. He wants to force everybody to worship him, which is the weakest thing on the planet. Okay, next up, this is the guy that everybody, these tens of millions of Americans voted for. And I just want to play this because he says this shit all the time. Here's a video of him still struggling to understand what groceries are and that he believes it's an old fashioned thing.
Anne Marie
But likewise an old fashioned term that we use, groceries. I use it in the campaign. It's such an old fashioned term, but a beautiful term, groceries. It sort of says bag with different things in it.
Chris
A bag with different things in it. He doesn't understand this because he's never been grocery shopping. He is the son of a multi millionaire. He inherited $500 million, his BFF and full time nanny, Elon Musk. Son of a multi millionaire, never been grocery shopping. These menial tasks are handled for them by the people that work for them. They have no idea. These guys have never had to work hard for something in their lives. It's dumb luck and conning. This is a con man fleabag administration to the highest order. And now all of these Wall street bros are finding out and their phones are ringing off the hook because guess what's happening to the global markets. It is trillions upon trillions of dol. Red line is going straight down. This is the worst case scenario, a total disaster because the tens of millions of people in this country knew that he was a convicted felon, a liar and a con man and said, you know what, I don't care. I'm voting for him anyway.
Tim
Well, some people are so cruel and they want to hate people and Trump allows them to hate people. Fox News feeds their hate and rage and victimhood. And this is what you get when you don't think about anybody but yourself. Everybody loses.
Chris
And I think the biggest myth, if you think back to when I showed you what Biden's economy did, you have all of these upper middle class white Americans that have clung onto this completely debunked bullshit lie that Republicans are great with the economy, that they're fiscally conservative and every single time that proves to not be true, they wreck the economy, they wreck the stock market, they have depleted the middle class and they like to go around and take these victory labs that we're so good at business. They're simply not. Biden's economy was so good because he was surrounded by economic experts. Let me show you who Trump is surrounded by. Here is the Treasury Secretary, Scott Besant, last night being grilled by the media and listened to his answers.
Anne Marie
Baseline tariffs come into effect, purse first. Then there are reciprocal tariffs, a little bit more of a different rate for each individual trading partner. Are you preparing to negotiate with some of these trading partners before that tariff rate comes into effect on April 9th?
Scott
Well, I think there have been a lot of discussions, but I think we're just going to have to wait and see what would happen. What I would say, Anne Marie, is I would advise none of the countries to panic. I wouldn't try to retaliate because as long as you don't retaliate, this is the high end of the number. And I think the market could have certainty that this is the number barring retaliation. So we've got a ceiling and then we can see if there's a different floor.
Chris
Okay, this is word salad bs. And Trump is surrounded by some guys that think that they know more than everybody else that shun experts. This is like the Facebook comment section, presidency come to life. And you have all of these idiots, you have the people in the cult that voted for him because they have been propagandized by right wing media, their religion, etc. And then you have the smarter ones that know better, like this guy. And there's some broken insecurity that I believe everybody in Trump's cabinet shares a trauma bond, if you will. And they want to. Exactly. Pain, cruelty and exert control for sport over the American public and the global economic system.
Tim
I find it so rich that they're all talking about, well, don't retaliate. We want to do whatever the fuck we want to do, but we don't. We want you not to retaliate. We want you to sit there and take it. These other countries are not going to sit there and take it. You already see Korea, Japan, China bonding together, those three bonding together economically against the United States. That's going to happen worldwide. And what we're going to find out is when you drive a clown car of stupid, you get a lot of stupid results. And I promise you, every American is going to feel the economic impact of dipshit America. Orange man.
Chris
Not only all of this, you guys, but in the Rose Garden. I'm going to spare you from playing the clip where Trump holds up a poster board with the font so small nobody can Read it. And he has his show and tell. He's listed countries where there's no population, and he's also listed countries where the only occupants in that country are like these little island nations are American military bases. It's hair brain from top to bottom. But guess which countries are not listed on this. North Korea, Russia, Belarus. All of the people that he wants to unite with. No ter. No retaliatory tariffs there. All right, next up we have Tim Walls. And I think he explains this very well. He's basically suggesting that Trump peaked in the 80s. And I have always noticed that a lot of broken people that I've experienced and come across in my adult life, you can tell what era they peaked in because they're always still so nostalgic by it. So let's listen to Tim Walls eviscerate Trump.
David
You know, inconceivable. And look, Chris, I don't know, you almost have to be an amateur psychologist on this. It's like Trump is stuck in the 80s. His music, his clothing, his thinking. He has been on this tariff thing forever. And every economist, conservative, liberal will tell you they just simply don't work. We use them strategically, but he doesn't fundamentally understand how trade works. It goes back to what I continue to say. I think the biggest myth perpetuated on this country is that Donald Trump understands anything about business. He's bankrupt every single one he's been into, and now he's bankrupting this country. So I appreciate you talking about this. This is a tax on working people that we've not seen in any of our lifetimes. And it is going to have dramatic.
Scott
Effect, you know, there.
Chris
Okay. I love Tim Walls, and I think that this is a very plain spoken way to counter all of the insanity that Trump is doing. He's a con man, he's a failed businessman. Anybody who inherits $450 million, that is a white man is going to have a really hard time failing all the way completely. But I want to remind everybody, Trump is always traveling with a Dark Passenger. And that Dark Passenger is Russia. They bailed him out when American banks wouldn't loan him money any any longer. And Elon Musk's Dark Passenger has always been the United States taxpayer. Tesla was about to go bankrupt. Guess who bailed him out? We did. SpaceX on the verge of bankruptcy. Guess who bailed him out? American taxpayers. These guys can't win anything on their own, yet they want to parade around firing black people, women, gay people, because they are so inherently insecure and flawed. And they're so broken, they want to break everything around them.
Tim
The incompetence of all this. Like when I saw the list of countries and found out only penguins were on these islands or military bases. Is there no one in that administration that looks at these things? Is there no detail oriented person? And if you're an American, are you not terrified that the people in power have no expertise or knowledge and nobody talks to anybody off the ledge of stupid ideas? It's terrifying.
Chris
Tens of millions of Americans went to vote for Kamala Harris. Tens of millions Americans went to vote for Donald Trump. And then millions set it out. And we have a major problem in this country. And the problem is the propaganda war that was started by Vladimir Putin and continuing, continuing to be executed by right wing media echo chamber. And Trump and all of his sicko fans feed off of all of this hate. But I want to put up my final tweet here that I thought was really interesting from David Kleon. He says, I understand that tens of millions of Americans voted for this and most of them are just poorly informed and prop, propagandized. But if you have an elite degree, read real newspapers and voted for this, let's be clear, he said he was going to do all of this. You are too stupid to live. And I want to add to this, I think you're too cruel to live. Because there is a huge cancer in this country. It is people that feast on cruelty. They salivate thinking about minorities being injured. They salivate thinking about rights being taken away from others. They salivate thinking that they are exceptional, that they are supreme. And the majority of the people that feel this way are white people. And then you have a few random bizarros like Cash Patel that are seeking the approval of these white people. But pumps, and I know these white people well, we live in a red state in Oklahoma City. I am not going to sit here to you all the viewer and act like, oh, how do people believe this? Because I live in it. I live in a culture where I see this, where it's injected around. People send their kids to schools to ensure that they are taught that they are exceptional. They pay extra money to make sure their kids are homophobic and racist. And this is a problem all across America. It is a cancer where we have devalued justice, we have devalued equal rights. And now it's, it's caught up with us all in the form of Donald Trump. But this all started in the 80s when Reagan started demonizing the poor all in the name of God, all in the name of Jesus Christ. And people have bought into it, feasted on it, and feed it non stop.
Tim
I just wonder at what point these churches, their donations are going to reduce because people's income is going to be lower. Donald Trump's flea market is going to sell fewer Trumpy trouts. His income, all of his goods that he sells. So at what point are these people going to feel it economically and the economic outcome feels worse than how good they feel when they're cruel to other people? That's the balancing act I see. People are not going to run away from Trump while he's still deporting innocent people without due process because they like it that when their pocketbook starts hurting, when then will they pull away or are they willing to sacrifice many to be cruel to minorities and marginalized groups?
Chris
I think it's kind of cooked in. I mean, I'm not religious, but, you know, they are. So a lot of the evangelicals, his core base, that tithing thing is such a big thing. And I remember growing up and one of my friends was a working class mom. She had, her mom worked at ups. She, these are working class people. She would scrape money to make sure she gave it to the pastor at the megachurch that drove a Rolls Royce. And she would, and this was in the 80s, she would give 40, $60. And then my friend never had money for lunch. And it was, it was something that I was just mystified by that she would go and give that money to a preacher that drives a Rolls Royce versus feeding her family. I couldn't understand it. And I still see it going on today, except for now, it's worse. The cruelty that these evangelicals feel and they want to exact on the population and the superiority they feel that they are the experts in everything is a cancer in this country. And until we address the root causes, I don't know that we get past this. But I hope, I hope that some of these people feel this and start to realize the error of their ways. But typically with white people that think they're better than everybody else, they rarely admit fault because nobody's ever made them do it. As evidenced by the fact that Trump should be in prison right now, not wrecking the global economy. All right, you guys stick to our channel and we will see you all later.
IHIP News Podcast Summary
Episode: Stock Market Implodes; Trump Spiraling!!
Release Date: April 3, 2025
Hosts: Jennifer Welch & Angie “Pumps” Sullivan
Description: Deep in a red state, progressive podcasters Jennifer Welch and Angie “Pumps” Sullivan share their unfiltered perspectives on political news with a comedic and feel-good twist. The show airs twice weekly, with the potential for more episodes during turbulent times.
Chris opens the episode with a scathing critique of Donald Trump's influence on the global markets. He describes Trump as an "insecure convicted felon con man" whose actions are destabilizing the economy by implementing harmful tariffs that force businesses into subservience.
"He wants to be in a position of forced power because that's how insecure he is."
— Chris [00:00]
Anne Marie echoes concerns about the economy's fragility under Trump's leadership, suggesting that his policies could lead to an imminent collapse.
"This country is heading for a collapse under the people that you saw. They were horrible."
— Anne Marie [00:23]
Chris counters by highlighting President Biden's economic achievements, such as job creation and stock market growth, arguing that Trump's policies are reversing these gains.
"Biden's economic legacy... 16.6 million jobs created. Unemployment went from 14.1% to 4.1%. The S&P up several thousand points."
— Chris [00:32]
Tim challenges the narrative that Donald Trump is a competent businessman, pointing out his history of bankrupting casinos and predicting he will similarly devastate the American economy.
"He bankrupted casinos. It's impossible to bankrupt casinos. He is now going to bankrupt Americans."
— Tim [02:07]
Chris argues that Trump's actions are deliberate, aimed at undermining the economy to consolidate power. He criticizes Trump's administration as a "con man fleabag administration" intent on controlling both the judiciary and businesses.
"He's bullying the out of the judiciary and now he's going after businesses."
— Chris [02:36]
Anne Marie adds a humorous yet critical perspective on Trump's misunderstanding of everyday terms like "groceries," highlighting his disconnect from the average American's experiences.
"He doesn't understand this because he's never been grocery shopping."
— Anne Marie [03:40]
Chris delves deeper into Trump's tariff policies, describing them as "harebrained tariff bullshit." He explains that these tariffs are designed to make businesses beg for favor, thus increasing Trump's power.
"He wants all of these businesses to beg him, to beg him. Because he likes the power, he likes the cruelty."
— Chris [01:50]
A clip of Treasury Secretary Scott Besant is analyzed, where he discusses the implementation of tariffs and urges other countries not to retaliate. Chris dismisses Scott's comments as "word salad bs," emphasizing Trump's disregard for expert advice.
"This is word salad bs. And Trump is surrounded by some guys that think that they know more than everybody else that shun experts."
— Chris [06:18]
Tim further criticizes the administration's lack of expertise, predicting economic repercussions as countries like Korea, Japan, and China unite against U.S. trade policies.
"These other countries are not going to sit there and take it. You already see Korea, Japan, China bonding together."
— Tim [07:02]
Tim Walls provides a focused critique on Trump's business skills, asserting that Trump peaked in the 1980s and lacks a fundamental understanding of modern trade and economics.
"Donald Trump understands nothing about business. He's bankrupt every single one he's been into, and now he's bankrupting this country."
— Tim Walls [09:35]
He emphasizes that Trump's tariff strategies are outdated and ineffective, predicting severe negative impacts on American workers across various sectors.
"This is a tax on working people that we've not seen in any of our lifetimes."
— Tim Walls [09:35]
Chris discusses the role of propaganda, particularly from Vladimir Putin and right-wing media, in shaping voter behavior. He contends that many Trump supporters are either poorly informed or have been deliberately misled.
"If you have an elite degree, read real newspapers and voted for this, let's be clear... you are too stupid to live."
— Chris [11:56]
He further explores the societal roots of Trump's support, linking it to longstanding issues of racism, homophobia, and the devaluation of justice and equal rights. Chris traces these problems back to the 1980s under Reagan's administration, arguing that they have fostered a culture of cruelty and superiority among white Americans.
"It is a cancer in this country. It is people that feast on cruelty."
— Chris [13:10]
Tim speculates on the sustainability of Trump's influence, suggesting that economic downturns may eventually weaken his support base. He questions whether Trump's followers will prioritize economic well-being over their adherence to his divisive policies.
"At what point are these people going to feel it economically and the economic outcome feels worse than how good they feel when they're cruel to other people?"
— Tim [14:34]
Chris reflects on the deep-seated nature of these beliefs, citing personal anecdotes and emphasizing the challenges in changing entrenched attitudes fueled by religious and ideological indoctrination.
"The cruelty that these evangelicals feel and they want to exact on the population... is a cancer in this country."
— Chris [15:18]
The hosts wrap up the episode by reiterating the systemic issues exacerbated by Trump's leadership and the broader cultural malaise affecting American society. They emphasize the need to address root causes such as propaganda, societal values, and economic policies to overcome the current challenges.
"Until we address the root causes, I don't know that we get past this."
— Chris [15:18]
Chris calls for awareness and action against the entrenched systems of cruelty and misinformation that sustain harmful political regimes.
"We have a major problem in this country... It has caught up with us all in the form of Donald Trump."
— Chris [11:56]
Economic Critique: The hosts argue that Trump's tariff policies are intentionally destabilizing the economy for personal gain, reversing the positive economic trends established under Biden.
Lack of Expertise: Trump's administration is portrayed as lacking genuine economic expertise, relying instead on ideologically driven decisions that ignore expert advice.
Propaganda and Voter Manipulation: A significant portion of Trump's support is attributed to effective propaganda and a misinformed electorate, with deep roots in societal issues like racism and homophobia.
Long-Term Consequences: The economic and social policies under Trump are predicted to have severe long-term impacts, potentially leading to economic decline and increased societal divisions.
Call to Action: The hosts emphasize the importance of addressing systemic issues and combating misinformation to foster a more equitable and informed society.
Notable Quotes:
"He wants to be in a position of forced power because that's how insecure he is." — Chris [00:00]
"He bankrupted casinos... He is now going to bankrupt Americans." — Tim [02:07]
"If you have an elite degree, read real newspapers and voted for this... you are too stupid to live." — Chris [11:56]
"The cruelty that these evangelicals feel and they want to exact on the population... is a cancer in this country." — Chris [15:18]
This episode of IHIP News provides a critical analysis of Donald Trump's economic and political strategies, highlighting the potential consequences of his administration's policies on both the national and global economy. Through passionate discourse and incisive commentary, Jennifer Welch and Angie Sullivan shed light on the deeper societal issues underpinning current political dynamics.