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Ben
Fox News is in meltdown mode as MAGA Republican senators are basically saying this budget bill that Donald Trump is calling a big beautiful bill is an utter, utter disaster. Let me show you what went down when you had MAGA Republican Senator Ron Johnson from Wisconsin on Fox Business yesterday play this clip.
Chris
The tax bill, will we get it before Memorial Day? No, no, there's no way. Because again, unfortunately, President Trump chose the one big beautiful bill. What he should have done is the multiple step process. I suggested three steps, get the border funding. Second step, just extend current tax law. So we take an automatic will we get it before the end of the year quickly? Not if we don't come down with a reasonable pre pandemic level spending. There's enough of us in the Senate that will not agree to that. Oh boy, that's bad news. Senator, thank you for that. Appreciate it. Have a good weekend. Appreciate you coming on. You too.
Ben
You have one job in Congress. It would be nice if you actually pass legislation that help people. But you can't do that. You pass a budget, not these ridiculous continuing resolutions that carry out the budget of Nancy Pelosi while you have doge violate the Constitution. You heard Ron Johnson there in his own words basically saying the entire budget process has been utterly, utterly destroyed. But when you live in MAGA fake fantasies, fantasy lie world all the time, the truth doesn't even matter. All that matters is you continue your Ponzi scheme, your rug pull until catastrophe strikes. So you remember how when the GDP numbers this past week came out and our economy was contracting, it was negative.3% GDP. Remember all of Trump and JD and everybody and Fox were saying this is the Biden economy. Biden is destroying everything right now. Even though former President Biden had record job growth, GDP increasing 16.2 million jobs, record low unemployment. I can go on and on and on. There was a decent jobs report. Not like a didn't blow it out of the water. But the jobs report was fine. 177,000 jobs. Good, good. We want there to be jobs now. What do you think the response was on, on on Friday? This is the Trump economy. This shows everything we said. Things are great here. Play this clip.
David
Very important report. With all of the hysteria over tariffs, we know the jobs are being created and it is much better than expected at 177,000 jobs added to the economy in April. This proves Donald Trump's point that the economy is doing well.
Ben
You're no like literally at the exact same time you're doing that. Your messaging is mixed. Right. You have J.D. vance interviewing with Bret Baer saying the economy is bad because of Biden while they have other people on Fox saying the economy is doing great now because of Trump. Can you even. All they do is they lie about everything. They just flood the zone with lies. Watch this. So the first thing is when you talk about the economy, this is Joe Biden's economy. And we inherited $2 trillion of debt.
Emily
The highest peacetime deficits in American history, a $1.2 trillion trade deficit, which fundamentally means we're not making enough of our own stuff.
Ben
And speaking about flooding the zones with lies, you then have Jeanine Pirro, who I guess used to be a judge, but thinking about being in front of her court with her lack of ethics and her despicable behavior is a frightening concept in and of itself. And so she's like, of course a Brango's MS.13. Look at his knuckles. It has marijuana, skull cross, smiley face, smiley face, smiley face. As one commentator noted, got to avoid those dangerous neighborhoods where everyone has smiley face tattoos. Here, play this clip.
David
And he's got all the tats. And don't tell me he's not Ms. 13. I had a gang unit in my office. I had gang investigators. You've got marijuana, you've got the skull, you've got the plus. And I think you've got the. I forget the smiley face that he's telling the world he's Ms. 13. And you know what?
Ben
I, I'm not sure if you saw this going viral. It says someone who was a Tattoo artist for 30 years commented on YouTube that he's seen this tattoo many times and it means smoke weed to get high, love God till you die. See, this is why due process is so important. Like, I don't know what the tattoos mean. It doesn't say the letters MISS and the numbers 3, 13 on it. But you're entitled to due process. Even if he was an MS.13 member, you know, at one point in time in his life. The Trump first administration gave the guy a work permit in 2019. So clearly the Trump administration thought that the guy wasn't a gang leader. Why else would you give the guy a work permit and have him show up Once a year? He checks into ice. He was a member of a union, he's married to an American woman. He has three American children. You give the person due process if it turns out that they're affiliated with the gang. You have to determine if there's a crime that is committed. And then ultimately, if we're dealing with a migrant, yes, you could deport. But then also, deporting to concentration camps is not the remedy, especially where there's a withholding order saying, you can't do that. We're just a nation of due process. Okay. You know, even like people in the Taliban, if they were here, the Supreme Court ruled in the United States, you got to give them do. Because you can't just jump to the conclusion, oh, this person must be a felon. This person's definitely a criminal. Because taken to the logical conclusion, you point at anybody, you're a felon, you're a gang member, you're this. You go to concentration camps, you go to a court, you put forward the evidence. That's our system. If you think it's slow, if you think it's messy, too bad. So sad. We have a United States Constitution, and we have still a Supreme Court that says you have to have due process. That's just it. It's not a debate. It's not a discussion. You know, there. There's no. Some legal scholars say no, there's due process in America. You don't like it, move to Russia. Okay.
Emily
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Ben
Here's Laurie Chavez Darimer, the fake pro union labor secretary who hates unions, won't even support the pro act, was just a total liar when she was a congresswoman in Oregon. Here she is right here again, saying the job numbers show we're doing great. The Trump economy is booming. After y'all were just saying that's the Biden economy. Play this clip.
Fiona
You know, here last month we said we blew it out of the water and we did. And with President Trump at the helm, I'm telling you, he mentioned to the American people over and over again that the golden age was coming. I will tell you the golden age is here. Exactly right. Again, this is another great jobs report, exactly what the market expected, better than expected. And I couldn't be more honored to serve under the president with these jobs numbers. And now as I continue on the road, we're going to keep pounding the pavement and these numbers are going to continue to grow up, go up.
Chris
You know, good news.
Ben
Let's bring on Treasury Secretary Scott Besant. Let's have him. Let's have Bernie Madoff. This guy is, this guy's worse than Bernie Mado. It's like Bernie Madoff level. And here he is lying and he's like, gas Prices are down 189. Gas prices down 189. Here, watch this.
Chris
We had the biggest decrease in energy prices for a single month in years. Energy is down substantially. I am told that in parts of Florida, gasoline is $1.93 and that's an automatic tax cut for the American people. So we're probably going to see a lot more car travel this summer. And, you know, so I think things are in good shape.
Ben
And, you know, I saw some people speculate how Donald Trump even got to this number of a dollar and eighty nine cents. And it's possible that like people in his administration were just showing him data that talks about the price of gas that before it goes through like the, like the actual market price. And so I mean, is, is that what was going on? I mean, as Ryan Cummings says, POTUS team seems to be showing him the cost of wholesale unfinished gasoline, which does not include the cost of oxygenates, ethanol and all the distribution marketing costs. And telling him this is the price of gasoline you're paying at a pump. It's like when he tariffs the penguins, right? It's like when he tariffs, you know, he comes up with these made up formulas. There's no logic to it. It's just stupid. And that's the thing with this. You know, I just want there to be some intelligence. And you want to know who comes with intelligence. Democratic Congress member Jake Alkin Kloss. I like that he goes on Fox. He stands up to them. Here, here's what he says. Here, play this clip.
David
So do you concede that it takes a little time to reset the equation after all of that? And do you hope that the president is successful in creating a strong economy at the end of this once the deals are worked out with a lot of major countries?
Greg
Martha, I was a Marine before I was a congressman. I'm an American before I'm either. I want this economy to be ripping and roaring regardless of who is president. But what I am seeing is a president who is more interested in the valuation of his meme coin than he is in people's 401ks. What I'm seeing is a president along with Howard Lutnick is self dealing on crypto. And by the way, Howard Lutnick owns his own crypto business on the side. Instead of worrying about the strength of the US dollar, this is concerning to not just me. It's concerning to the job makers across America who have to make decisions about hiring, about capital equipment and they're all pulling back. When they pull back, you tip a good economy into a recession.
Ben
Then you have Office of Management and Budget director, the Author of Project 2025, Russell Vogt, who by the way, right now is taking away $1 billion in mental health and money for helping students address mental health issues in schools. They're getting rid of $1 billion. They blame all of the gun violence on mental health and then they just remove $1 billion for mental health treatment. Here is Russell Vogt talking about, you know, potentially giving Elon Musk big contracts. Play this clip. You may get some pushback on this. The budget phases out, the grossly expensive and delayed space launch system rockets, the Orion capsule after just three flights. Essentially that will be replaced with something. Is there a chance that Elon Musk could benefit from that.
Henry
Look, this is a billion dollar investment in the Mars. We're doing both. We're going back to the moon as part of the Artemis. We protected exploration funding that's open to all companies. Elon Musk hasn't been a part of the NASA budget conversations at all. And we also provide resources for what we're doing on Mars. We do believe that after Artemis that it's time to look for lower cost, commercial cheaper vehicles that allow us to be able to not have the cost overruns and the delays and the expense that we've seen in the SLS and the Orion program. So we're not doing anything that would in any way delay what's necessary to get to the moon.
Ben
And finally, I go back to this right here. Remember Peter Navarro on Fox what was this? April 2, April 3, whenever it was April 5, whenever it was. 90 deals in 90 days. 90 deals in 90 days. We have zero deals. No deal. Donald is his nickname. It's ridiculous. Anyway, tell me what you think. Hit subscribe. Let's get to 5 million Subscribe 5 million subscribers.
Emily
The truth is more important than ever.
Ben
Check out our new Truth over Lies.
Emily
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Summary of "Fox News Has Meltdown as Trump Wrecks Budget" Episode of The MeidasTouch Podcast
Release Date: May 3, 2025
In this episode of The MeidasTouch Podcast, hosts Ben, Brett, and Jordy Meiselas delve into the tumultuous developments surrounding Fox News and former President Donald Trump's handling of the federal budget. The brothers dissect recent statements from MAGA Republican senators, analyze conflicting economic reports on Fox News, and critique the administration's policies affecting various sectors, including mental health and space exploration.
The episode opens with Ben highlighting the internal conflicts within Republican ranks regarding Trump's proposed budget. Senator Ron Johnson from Wisconsin appears on Fox Business, where he openly criticizes the budget bill that Trump touts as a "big beautiful bill."
Ben (00:30): "Fox News is in meltdown mode as MAGA Republican senators are basically saying this budget bill that Donald Trump is calling a big beautiful bill is an utter, utter disaster."
Senator Johnson explains his stance by emphasizing the impracticality of passing the bill before Memorial Day and suggests a more segmented approach to budgeting:
Senator Johnson (00:55): "The tax bill, will we get it before Memorial Day? No, no, there's no way... get the border funding. Second step, just extend current tax law." (00:55)
Ben criticizes the senators' inability to pass meaningful legislation, accusing them of perpetuating a "Ponzi scheme" leading to inevitable catastrophe.
The brothers scrutinize the contradictory messages disseminated by Fox News regarding the U.S. economy. While some segments attribute economic growth to Trump's policies, others cite negative indicators under Biden's administration.
Ben references a positive jobs report showcasing 177,000 jobs added in April, countering Fox News' simultaneous negative portrayal of the economy.
Ben (03:01): "When you have J.D. Vance interviewing with Bret Baer saying the economy is bad because of Biden while they have other people on Fox saying the economy is doing great now because of Trump." (03:18)
David supports the positive outlook by affirming that the jobs numbers align with Trump's claims of economic success.
David (03:01): "Very important report... 177,000 jobs added to the economy in April. This proves Donald Trump's point that the economy is doing well." (03:01)
The inconsistency in Fox News' reporting is portrayed as a deliberate strategy to maintain a pro-Trump narrative despite mixed economic data.
A significant portion of the episode tackles the issue of due process in the context of alleged gang affiliations. Ben critiques how certain Fox News personalities, like Jeanine Pirro, label individuals as gang members based on superficial evidence.
Ben (04:43): "Even if he was an MS.13 member, you know, at one point in time in his life... We're just a nation of due process." (05:01)
Emily shares an anecdote unrelated to the main political discussion, emphasizing the importance of reliable systems—a segue into their argument for due process.
The conversation underscores the podcast's advocacy for maintaining constitutional rights and scrutinizing claims that bypass legal procedures.
Ben shifts focus to Treasury Secretary Scott Besant, whom he accuses of misleading the public about gas prices.
Ben (09:12): "Let's bring on Treasury Secretary Scott Besant... it's like Bernie Madoff level." (09:12)
Besant claims a significant decrease in energy prices, attributing it to effective administration policies.
Treasury Secretary Besant (09:30): "We had the biggest decrease in energy prices for a single month in years... gasoline is $1.93 and that's an automatic tax cut for the American people." (09:30)
Ben challenges the accuracy of these figures, suggesting that the administration might be using wholesale prices rather than consumer rates to present a rosier picture.
Ben (09:57): "It's possible that like people in his administration were just showing him data that talks about the price of gas before it goes through the actual market price." (09:57)
The debate highlights concerns over transparency and the reliability of economic data presented by government officials.
A critical segment addresses the Office of Management and Budget (OMB) director, Russell Vogt, and his role in the administration's budgetary decisions impacting mental health services.
Ben (11:58): "Office of Management and Budget director, the Author of Project 2025, Russell Vogt... taking away $1 billion in mental health and money for helping students address mental health issues in schools." (11:58)
Vogt discusses reallocating funds from expensive space projects to potentially benefit commercial ventures like Elon Musk's enterprises.
Henry (12:48): "We're not doing anything that would in any way delay what's necessary to get to the moon." (12:48)
Ben criticizes the decision to cut mental health funding, especially when gun violence is linked to mental health issues, arguing that such measures undermine essential support systems.
The podcast shifts to space exploration funding, where Ben expresses skepticism about the administration's commitment to NASA's long-term goals.
Ben (12:48): "They blame all of the gun violence on mental health and then they just remove $1 billion for mental health treatment." (12:48)
Henry from NASA reassures listeners that commercial partnerships, including those with Elon Musk, are intended to reduce costs and improve efficiency without hindering space missions.
Henry (12:48): "We do believe that after Artemis that it's time to look for lower cost, commercial cheaper vehicles." (12:48)
The dialogue emphasizes the balance between government funding and private sector involvement in advancing space exploration.
Concluding the episode, Ben references former White House adviser Peter Navarro, criticizing the administration's inability to secure economic deals.
Ben (13:29): "Remember Peter Navarro on Fox... 90 deals in 90 days. We have zero deals. No deal." (13:29)
The brothers urge listeners to engage with their content and support their mission of promoting truth over misinformation.
Ben (13:53): "Hit subscribe. Let's get to 5 million Subscribe 5 million subscribers." (13:53)
Emily reinforces the podcast's commitment to truth and encourages listeners to explore their merchandise.
Emily (13:56): "The truth is more important than ever." (13:56)
In this episode, The MeidasTouch Podcast offers a critical analysis of Fox News' handling of economic narratives, the Trump administration's budget proposals, and policy decisions impacting mental health and space exploration. Through incisive commentary and selective quoting, the Meiselas brothers advocate for transparency, due process, and responsible governance while challenging prevailing narratives in mainstream media.
Notable Quotes:
Senator Ron Johnson (00:55): "The tax bill, will we get it before Memorial Day? No, no, there's no way."
David (03:01): "177,000 jobs added to the economy in April. This proves Donald Trump's point that the economy is doing well."
Treasury Secretary Besant (09:30): "Gasoline is $1.93 and that's an automatic tax cut for the American people."
Ben (09:57): "It's possible that like people in his administration were just showing him data that talks about the price of gas before it goes through the actual market price."
Emily (13:56): "The truth is more important than ever."
Note: This summary is based on the transcript provided and aims to encapsulate the key discussions and viewpoints expressed during the episode. It is intended to inform readers who have not listened to the podcast about its main themes and arguments.