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- [00:00]
Brett
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- [00:31]
Ben
Morning Zoe Got donuts.
- [00:32]
Brett
Jeff Bridges why are you still living above our garage?
- [00:35]
Ben
Well, I dig the mattress and I want to be in a T mobile commercial like you.
- [00:41]
Brett
Teach me so Dana oh no, I'm not really prepared. I couldn't possibly at T Mobile get the new iPhone 17 Pro on them. It's designed to be the most powerful iPhone yet and has the ultimate pro camera system.
- [00:54]
Sponsor/Ad Voice
Wow.
- [00:55]
Ben
Impressive. Let me try. T Mobile is the best place to get iPhone 17 Pro because they've got the best network.
- [01:01]
Brett
Nice Free.
- [01:03]
Host/Analyst
You heard them. T Mobile is the best place to get the new iPhone 17 Pro on us with eligible traded in any condition.
- [01:10]
Ben
So what are we having for lunch?
- [01:12]
Brett
Dude, my work here is done.
- [01:14]
Host/Analyst
The 24 month bill credits on experience beyond for well qualified customers plus tax and 35 device connection charge credit sending balance due to payoff earlier Cancel Finance Agreement. IPhone 17 Pro 256 gigs 1099.99 and new line minimum 100 plus a month plan with auto pay plus taxes and fees required Best mobile network in the US based on analysis by Oaklove Speed Test Intelligence Data 1H 2025 Visit t.
- [01:30]
Sponsor/Ad Voice
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- [02:03]
Brett
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- [02:29]
Sponsor/Ad Voice
AI agents are everywhere, automating tasks and making decisions at machine speed. But agents make mistakes. Just one rogue agent can do big damage before you even notice. Rubrik Agent Cloud is the only platform that helps you monitor agents, set guardrails and rewind mistakes so you can unleash agents, not risk. Accelerate your AI transformation@rubrik.com that's R U B R-I K.com we have a lot.
- [03:00]
Host/Analyst
To discuss on this episode of the Midas Touch podcast. You have Donald Trump's disaster trip to Asia. First stop was Malaysia, then Japan. Trump continuing to make a fool of himself and the United States. You then have MAGA Mike Johnson holding more disastrous press conferences. And now he's saying that actually it's the Democrats who control the government, not the Republicans that control all branches of government. We'll show you that. You have Trump's treasury secretary during Trump's trip to Asia saying that he feels the pain of American farmers. Secretary Scott Besson says that he's actually a soybean farmer himself, so he knows the pain that everyday farmers are going through. Fact check. He's not a soybean farmer. He's basically a billionaire who owns lots of land and he collects rent from farmers. We'll talk about that. Also, we have to talk about the fact that 20 plus million Americans about to lose their health care, 42 million Americans about to lose supplemental Nutrition Assistance program benefits. The food bank lines we're seeing throughout the country are very reminiscent of COVID if not worse at this point. And Jordy, I'll have to show this one to you. Senator Gallego of Arizona going on your show Squawk Box with Joe Kiernan showing what a forceful offense looks like against Joe Kernan's MAGA talking points. Oh. What I also want to show is a hearing that no one's really been talking about, which was the, the confirmation hearing of the ambassador to South Africa, who basically said that we should employ discriminatory tactics here in the United States to be okay with black people not voting. I'll show you that. Just one of these things that in a Trump news cycle, doesn't get enough tension. That and more on the Midas Touch podcast. Brett and Jordy, how are you doing, brothers?
- [04:58]
Brett
Doing well. I'm in disbelief every time you give these intros, which is what we're going to be talking about. And when I saw the clips that we're going to be speaking about today, I was like, this is Prime Jordy Rage Bay. We're talking Squawk box. We're talking Joe Kernan being a douche on the air. This is going to get Jordy riled up. I mean, come on. I'm looking forward to the show, guys. I know we got a lot to speak about, a lot to discuss today. Want to give a huge shout out to everybody watching, everybody listening. And for those watching, remember to listen on the audio podcast as well if you can Apple podcast, Spotify. For those listening, remember to check out our YouTube channel. We've got new videos all day, reports all throughout the day. Ben keeping you and our incredible contributors keeping you up to speed on everything that's going on. Jordy, what's the latest?
- [05:36]
Jordy
I'm excited to get into today's show. Everybody, what's going on? And I feel like I was ahead of the curb on, on the Kern and stuff. Just, I'm glad this is now becoming more mainstream and we get to talk about it more in the pod without me little brother getting made fun of. So, Benji, where do we want to start off today?
- [05:52]
Host/Analyst
Let's actually start off with the clip that you probably haven't seen on any other news network because at any normal times, this clip would get significant attention. But in a media cycle where Donald Trump is tearing down the east wing or he's torn down the east wing of the Oval Office as he's giving $40 billion bailouts to Argentina, as we're in a government shutdown that will almost certainly be the longest in the history of the United States. And I don't foresee how this government shutdown is going to end certainly before the end of the year, but I think it may even go until the midterms. Just watch this clip. As Donald Trump's pick to become the United States ambassador, South Africa is cross examined by Democratic Senator Murphy. And again, this is a clip that really gets no attention elsewhere. But these are the types of people every day that are being nominated by Donald Trump. This is just a kind of a random moment, but I think an important one which shows you in any other normal time, this would be highlighted here. Play this clip.
- [06:53]
Brett
Do you support having a refugee admissions policy in this country that only admits white refugees?
- [07:03]
Ben
Senator? I don't make that policy well, but it's really important.
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Brett
But I think this is, I, if I were to ask this question of virtually any nominee to be an ambassador prior to this panel, that would be an easy layup answer. No, of course, of course, of course we don't support having A refugee policy where we only admit white people. So why can't you give me your personal view on that?
- [07:30]
Ben
Because, Senator, I am here to serve America and to do what the president is asking me to do. I'll be following the executive order of February.
- [07:44]
Brett
Would you support reinstituting laws in this country to only allow white people to vote?
- [07:49]
Ben
Senator, I'm going to serve as ambassador to South Africa, and I'm going to focus on that.
- [07:55]
Brett
You will not share your personal views on whether it is right or wrong to reinstitute discriminatory policies in this country to prevent black people from voting.
- [08:09]
Ben
Senator, my personal views are irrelevant.
- [08:12]
Host/Analyst
So that's basically how these confirmation hearings are going. And again, just think about that moment. We're going to talk about much more breath. Let me just pass it to you. There's because, again, that's something that. Did you see reported anywhere else other than on the Midas Dutch network?
- [08:26]
Brett
I haven't. That's the first time, if I'm being totally honest, the first time I've seen that clip, period. I mean, that's absolutely insane. I took my job off the floor. I figure I maybe I shouldn't have to because I should expect the worst. But it's like, where the hell do they find these people? How could you not answer such a simple question? But it really is indicative of the kinds of people that Donald Trump and this regime are putting in the government that are bringing to all these various countries that are representing the United States right now. And it's something that I think most of the American people really don't understand what is going on. They really don't see what's happening, you know, beneath the hood of the Trump administration, so to speak, they obviously see, you know, the things that are being talked about in a big way and rightfully so, like the destruction of the ballroom and all these. I mean, the destruction of the east Wing of the White House for the ballroom and all these other various things. But there are so many things happening on a daily basis that simply aren't getting the attention that they deserve. And I hope people start to wake up to this and that, you know, folks out there start sharing, you know, moments like that.
- [09:22]
Host/Analyst
And it's why I wanted to cover that one at the outset. Now, while the Trump regime has apparently found $40 billion to give Argentina and interfere with that election to successfully prop up Javier Milei in the elections that just took place, as we've apparently found, what, close to $200 billion or more to fund ICE agents engaging in Chemical warfare against Americans in the streets of major cities and small cities across this country, but particularly with a focus on blue states and blue cities, apparently the Trump regime can't find any way at all to access the emergency funds which are there for the Supplemental Nutrition Assistance Program. That's where Maga Mike's like, you know, we just can't figure out a solution here. You know, it's actually very complicated the way the appropriations process works. And if we take from here, we're going to have to remove from over here. So there's really nothing we can do. Watch as Magamike, who has never taken any nuanced view like this, when it's come to Donald Trump's destruction of our country or Donald Trump bailing out Argentina or whatever, here it is. When it comes to a program that 42 million Americans rely on, he goes, we just can't figure it out. Here, play this clip.
- [10:40]
MAGA Mike Johnson
And the SNAP benefits is unique situation. I got a summary of the whole legal analysis and it certainly looks legitimate to me. The contingency funds are not legally available to cover the benefits right now. The reason is because it's a finite source of funds. It was appropriated by Congress, and if they transfer funds from these other sources, it pulls it away immediately from school mills and infant formula. So it's a trade off. There has to be a preexisting appropriation for the contingency fund to be used. And Democrats block that appropriation when they rejected the Clean Continuum resolution.
- [11:19]
Host/Analyst
Can you just fund people's health care and fund people's Supplemental Nutrition Assistance Program so Americans aren't starving to death? I mean, just think about the priorities that we're seeing, folks. You have Donald Trump providing all of these tax shelters and benefits to people buying private jets, right? There's an a boom in private and private jets because it's like 100% deductible on taxes. So all these corporations are buying private jets, but 42 million Americans are potentially going to starve to death or not going to be able to buy their food right now. Just think of when it comes to priorities, then what about healthcare, Mag and Mike, what is your plan? Because as I see it, there's different buckets here. We could have universal healthcare for free. The government pays for it fully. We tax the rich more. I support that plan. You have the Affordable Care act, which is not quite universal healthcare, but you bring in the subsidies, which we have now. Least makes it somewhat affordable. But I'd like to see it made more affordable as I think most Americans would like to see it, but we need those subsidies. Otherwise we're going to see what we're seeing now, which is people's premiums being raised by 20 to $25,000 a month. Essential. I mean $25,000 a year at this point, 2,000, $3,000 a month increases. Or you go back to where we were before Obamacare, which was 20 million Americans plus being uninsured, potentially dying because they don't have insurance, emergency rooms being used as primary care, discrimination of pre existing conditions. So MAGA Mike, is. Is that what you want? Tell us what your plan is here, play this clip.
- [13:04]
MAGA Mike Johnson
But we know we're going to have to arm wrestle with Democrats over that. Why? Because many of them are avowed to get us to a single payer system. They do love socialism, my friends. They love Mondami. He wants government to take over everything. They're on board with that program. They think the government can do a better job by taking over health care. We believe in the private sector and the free market and individual providers, their acumen and we need, we say that if you take the government off their backs and allow for real competition again in health care, you will improve its quality and you will bring down its cost.
- [13:34]
Host/Analyst
By the way, this is the Trump regime that's having the government take over portions of intel. This is the government that has expressed that it will be taking over more corporations that if you want to give confidential and proprietary information to China, that's fine. All you gotta do is you just gotta pay, you gotta pay a little fee for that. You gotta pay a little quid pro quo to Donald Trump. And then so MAGA Mike's also then asked, well, why not just bring back the MAGA Republican Congress members to D.C. like isn't it a bad look that during the shutdown that they're not even in Washington D.C. and they're like getting paid for vacation at this point that what is it like? Over the past 90 plus days there's only been 12 days of actual work in Congress because they adjourned for the summer because they wanted to hide the Epstein files. And then they're shutting down the government right now and further not showing up, at least in the Senate. You know, the Republicans I guess are there. I guess that's slightly better than not being there. Like they show up to the Capitol, but the House, they're not even there. So here's what Magnum Mike says when he's asked about that. Let's play do that.
- [14:47]
Brett
Rather than have members back home in their district why not bring them back and do what they were elected to do? Yeah.
- [14:54]
MAGA Mike Johnson
So we're evaluating this day by day. The House did its work. I've said it over and over and over. And the most important thing is to get the government open. It's the number one priority and number one responsibility of Congress. And the Senate Democrats have chosen not to do it. We think that is paramount and of paramount importance to everything else. There is plenty of time in the remainder of the calendar year to do all the things that are the must pass pieces of legislation and all the negotiations that I referenced earlier today. And we are anxious to get everybody back to regular legislative session. But there cannot be a regular legislative session so long as the government is closed and Americans are feeling so much pain. We won't do that. Now, in the meantime, Republicans, I don't know what the Democrats are doing other than publicity stunts, but I can tell you the House Republicans are doing some of the most meaningful work of their careers. They are in their districts, working around the clock with their constituents, helping them not only to negotiate the crisis that's been created by this Democrat shutdown.
- [15:49]
Host/Analyst
So they're negotiating with their constituents. I don't even know what that means. The MAGA Republicans are in their districts negotiating with their constituents as they rip away the health care of their constituents, just extend the Affordable Care act subsidies so that people's health care costs don't go up $24,000 a year. Like, it's a pretty basic one. Once you do that, then we can figure out if you've got other plans, which Trump could have introduced during his first term, which he could have introduced in his first nine months of this term. Introduce your plan, show it to the American people, provide the details about how this is going to make prices more affordable. You can't just say, oh, I'm going to reduce the prices by 1600% or 1700%. That's not, that's not a real number. That's not a real plan. You can show that there's technology from outer space called med beds and that that's going to cure everybody's cancer. And it's like a super secret MRI machine. I know Donald Trump knows a lot about MRI machines. He was talking about that on the flight to Japan, but that it cures all diseases. That's not a real plan. So we need, we need real plans then. MAGA Mike Johnson says, you know, the thing is, Republicans aren't even in charge of the government right now. The Democrats are. Huh.
- [17:01]
MAGA Mike Johnson
Here, play this clip The Democrats are required to open the government. They keep saying Republicans are in charge of government. We aren't not in the Senate. 60 votes control the Senate. Not a bare majority. And so point number one, Democrat votes are required.
- [17:16]
Host/Analyst
Let me bring in Brett again. And, Jordi, I bring you through all of those clips to show you the evolving permutations. And it went from a few weeks back blaming transgender people and immigrants, and now it's kind of just like, show up and sign it. Damn it. You're the ones who actually control government.
- [17:36]
Brett
Right? Seems like so long ago when they tried to act like this was about transgender people and illegal immigrants.
- [17:42]
Jordy
Right?
- [17:42]
Brett
It seems like a very long time ago, but they remember that's how this all started. And they really. They got called out on that. It was clearly bs, Clearly a complete and total lie, and now they don't know what to do. So, like, you see Mike Johnson coming out there every single day to the lectern, telling some of the most blatantly obvious lies on the planet, and then he's like, okay, good for the day, say, all right, I did my part. I lied for Donald Trump, and now I'll just go. Go back to screwing over the American people. The heartlessness that you have to have in order to do that every day. And just like the total lack of morals that he cloaks in this faux Christianity he wraps himself in and this faux patriotism that he wraps himself in. I just find it so incredibly gross to see him go out there and just lie to the American people like that as he's screwing them over. I mean, to say that the Democrats are in charge of the government here and all the stuff that he says about health care. There's a reason why the Republicans don't go out and what their health care plan would be, because we know what their health care plan would be first. We know they don't have an actual plan to make things better than it is right now. We know that what they want to do is they want to strip away all the protections that were put in place by the Affordable Care act, protections that have kept people alive, protections that have allowed people with preexisting conditions to get coverage, protections that have allowed people to actually not die there. They want to go back to a system where it's every man and woman for themselves and where people could just die and be refused coverage for any reason whatsoever. And that's not something the American people want. I don't think the American people are too fond of these health insurance companies. If I'm Being honest. And the biggest defenders of these health insurance companies are these Republicans who are in power. And we're just seeing the games that are being played right now. And it seems very clear that they have no intention of trying to work with Democrats to open up the government. They have no intention of negotiating, of trying to do anything that's actually in the interest of the people right now. They just want to try to play this blame game and hope that it helps their poll numbers down the road. But the fact is there are lives that are on the line right now. You mentioned in the beginning, Ben, those food lines. And I think it's very telling that when's the last time we had food lines like we're seeing right now, Donald Trump's previous administration? You could blame it on Covid then. You can't blame it on Covid right now. That's an image that we see when Republicans are in charge of our government that we don't see at any other times. And I think the American people need to understand that fact of why we are seeing these images of working people having to show up at the food lines, why we are seeing these federal workers who give their heart and soul to make our government operate and aren't political in nature, why they are having to go to food banks and having to actually do that in order to feed their families. At the same time, while we see, Ben, as you brought up earlier, that side by side of rich people stocking up on their private jets, getting Kristi Noem a hundreds of millions of dollars worth of private jets for her to use personally, and all these various things, the bailouts in Argentina, all the stuff our government is doing while the American people suffer. I think it really paints a picture that I lot of people are seeing right now, which is why Trump's approval rating is hovering at like 37%.
- [20:41]
Jordy
Well said, B. Look, if you act like a duck and you quack like a duck, you're a duck. If you do things that hurt America, if you do things that hurt Americans, I'm only left with one conclusion. You hate America and you hate the American people. You don't work for the American people. You work for one person and his name is Donald Trump. Talking to the MAGA Republicans here, literally, this is literally why I say that they hate America, is because, Ben, again, beautifully said earlier, snap lapsing for 42 million Americans. They're just gonna let it happen. They don't care. And what do they do? They point to the Democrats and say the Democrats are actually in charge. Republicans Y' all control every branch of government, man, it's really so frustrating when you see MAGA Mike Johnson up there, you know, just parroting these talking points with very minimal pushback, too, I have to say. Not to make this a whole corporate media thing, but just to be like, hey, you're just gonna let him say this stuff when facts actually are not on his side. And this is also what I mean when I say that the Republican Party is not pro life. No, they're pro forced birth, because once again, they're letting the American people suffer based off their allegiance to Donnie. It's insane to see it play out. Ben.
- [21:55]
Host/Analyst
And here's ultimately what Trump and Besant are focused on manipulating the stock market. So the stock market continues to rise, and they're rich friends and make a lot of money while on Main street, while real Americans are the ones who are suffering. So this whole trip to Asia that Donald Trump is taking is part of the pump and dump. And what they just hope happens is that the pump occurs just under Trump and then they dump on who's ever going to be taking over in the future of our country. I mean, when I heard that Donald Trump in China over the weekend reached a framework of a trade deal, I said, didn't they do that last month? And didn't they do that two months before that? And didn't they do that four months before that? I recall that I was in Manhattan sometime in May with my brothers when we were going to the Webby Awards. I remember it very vividly that there was this big announcement. The trade framework was announced. The Trump regime tried to frame it as a trade deal. And at that time, I called it out. I said, fake deal, it's non binding. It's not a real thing. It's like a consensus. It. But what happened? The stock market exploded on that news, right then. It went, you know, down a little, up a little bit. Then in June, the Trump regime announces they've done a framework with China. And I was like, but didn't you just announce that you're now doing it again? And basically every two months, the Trump regime announces a trade framework with China. Then there's a fight, then there's a framework, then there's a fight, then there's a framework, and the stock market continues to go up, and then it'll have a day where it goes down, but then it goes up. This is great news. We have a framework with China. And meanwhile, when you actually analyze, like, well, what's this framework about? The key issues, the same way, when we talk about how flawed the deal is, you know, in, in the Middle east, which the key issue would be, is there a two state solution or not a two state solution right in the Middle East. That's the key question. How do you not address that issue in a peace deal when that's the reason why there haven't been deals before? That's why it's not a peace deal, but it's a ceasefire. Over here, the main issues of China's control of rare earths and the ability of China just to issue restrictions on rare earth minerals being exported and how these price controls and other controls can crash markets, that's not being addressed. So all this is, is window dressing and not actually a deal. It's just basically saying, you know, Trump gets angry, he raises the tariffs, then he brings the tariffs back down. But not the systemic issue about where the tension is with China in the first place, which is their overall control over the rare earth minerals market and how they can use that to harm our economy and harm other economies when we don't exert leverage. I want to talk about that and more. Then we'll talk about this trip to Asia. What's really going on? I want to contrast Trump to Prime Minister Carney's appearance because you really see a big difference of the US Approach and the Canadian approach. But I want to take our first quick break of the show. I want to remind everybody though, if you can subscribe right now to this YouTube channel, it's free to subscribe. Also become a member, a paid member of this YouTube channel and you're able to gift memberships to others as well by clicking the join button. So others who may not be able to afford a membership and access the exclusive content and the emojis. If you're able to give that gift of a membership, that would be great as well. All right, let's take our first quick break of the show. Brett and Jordy, I know you're anxious to respond to the kind of fake deals that keep being announced over and over. I see your faces there. Let's take our first quick break of the show.
- [25:45]
Jordy
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- [27:06]
Brett
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- [28:12]
Jordy
Let'S go. Shout out to our sponsors links in description of both the YouTube and the audio. Use the links, use the codes. If there's an exit survey, let them know we sent you. Benji where to next?
- [28:22]
Host/Analyst
Brett, I know you want to respond to the fake deals and the Ponzi scheme economy. Bernie Madoff's Ponzi scheme was $65 billion, Trump's $20 trillion, which we'll talk about in a bit. How he makes up that we brought in $20 trillion of investment when the numbers false and fabricated number. But we keep seeing what he does with the market. China's a prime example. But he's done that with every single country. We have zero trade deals in 90 days. We have six fake deals or seven fake deals in 90 days. And what I mean by that is they're non binding, they're not actually signed. And trade deals are detailed documents, often a thousand pages in length. And they are free trade agreements, often that deal with a comprehensive trading relationship between trading partners. And that's not what these are. These are press releases that Donald Trump issues. And then if he wakes up and doesn't like an advertisement that's being run by a country, even if it's just from a province, the way Ontario ran an ad in the United States, he goes, okay, it's 10% more now on Canada, I'm raising the tariffs. So these are not deals, even the six and, or the seven. And I think that our media calls them trade deals. And I'm like, they're not deals. And there were zero deals in 90 days, but seven fake deals in those in that amount of time. It's all a Ponzi scheme. The whole thing is a Ponzi scheme. And it's so obvious that when you look at the job numbers, when you look at GDP growth, what job numbers from three months ago, job numbers are no longer releasing.
- [30:01]
Brett
The inflation data that they're no longer releasing. I mean, the scam is, is staring us in the face. People like, it's just absolutely crazy. The thing that really, you know, 90 deals in 90 days, everybody remember that, that's the new 15 days to stop the spread. Remember that from the first Trump administration, all lies, all a scam. And I think one of the issues that we're running into with the Trump administration, and I think what Trump is in tune with is the fact that there are no consequences for his actions here. In fact, the opposite. He himself and his rich cronies are benefiting from his own actions. So what I try to do whenever I'm analyzing anybody, whenever I'm trying to analyze a situation and figure out what's going to happen, what is somebody's behavior going to be like? I try to look at what are the things that are motivating them and what are the consequences, right? What are the things that, what are the consequences of their actions here? And what we're seeing here in the case of Donald Trump is that every time he announces these trade deals or trade frameworks, and says that he's come up with a trade deal, even though it's BS the market spikes, right? You have to look at incentive structures. And so if Donald Trump realizes, you know what, it's actually better if I don't do any deals. I can't do any deals. I. And so, you know, but what I've learned is I could manipulate the media and I can manipulate the markets. And if I say that we have a trade framework or if we have the scaffolding of a DLA concept of a plan and the market goes up, up, great. And when I want to manipulate the markets even more, all I got to do is send out a post on my Truth Social account. And I got to say, china, you've been bad, China, I'm going to punish you some more. Then the markets go down. And if you think that there aren't people who Donald Trump knows personally that are not benefiting on these market swings every single time it happens, and I don't know what to tell you. There are people getting extremely rich right now off this market when it swings in both directions. And Donald Trump knows damn well that he can manipulate these markets quite literally with a tweet. And so that is a dangerous power for somebody like that to have. And in my opinion, the incentive structure is not for him to solve any of these issues at all. It's for them to prolong. It's for him to prolong these issues and then make up these fake deals, these fake patches for these issues, which then swing the market back and forth in various ways as him and his rich cronies get richer and richer. That's the scam that we see playing out. All this while the food lines extend while people, while people are suffering out there, while people can't get their health care. The richest in this country right now are living it up. They are having the time of their lives under this Trump regime, and that's why they are doing everything in their power to protect him.
- [32:42]
Jordy
You guys both nailed that. So there's no data to inform the economy or anything like that because of the government shutdown.
- [32:49]
Brett
Right?
- [32:50]
Jordy
And so Donald Trump now gets to manipulate the markets with the swing of a tweet, with a press release that the media is just so eager to chomp at and take at face value. Oh, look, he's reached another deal. What a genius he is. And I wouldn't say. I would say in many cases, he doesn't even have to, quote, unquote, manipulate the media there, Brett, when so many are willing participants cnbc. I mean, they love parroting these talking points. And to your point, why Brett and Ben? Because you can't tell me the hosts of the world that we see on CNBC, they're not the top 1% of America. They are. They are. And so they love this. They're in on the con, they are in on the game. And they chomp at the big. To put this stuff out there and cede it to the world because it benefits them. It makes me so angry because all of this is, again, at the expense of the American people. People who are really struggling out there, who don't own stock, who don't want to play this market manipulation game, who just want to be able to feed their damn families. And then you have Mike Johnson up there just parroting these Trump talk. I mean, Mike Johnson's a total freaking puppet, man. He is. He's a total, complete puppet up there. Because really what it comes to is Donald Trump. He has all of the control there. And to see this, it's just, it's.
- [34:05]
Brett
So, and Jay, even Trump admitted that the other day, you know, there was like an interview, comments from Trump the other day where he was like, yeah, Mike Johnson's my puppet. Like, he'll do whatever I can. Like, Mike Johnson totally cucked Mike Johnson.
- [34:15]
Jordy
And so, and by the way, so, so this is, I don't think we're going to get into the Bannon clip on this show, but like Steve Bannon over the weekend or a couple days back at this point had said something like, donald Trump is ready to run for that third term and we're going to figure out how to do it. I'm paraphrasing, but that is what he said. It was pretty blunt and direct. Just like, and so what, what, what I see Trump doing here with Mike Johnson is sort of testing the waters. Hey, how can I, can, can I, can I be de facto speaker of the House here? Let me see, let me see how far I could push my limits here.
- [34:44]
Brett
He is though, right? He is the fact of speaker of the House. And I don't think he has to test the waters because I think this House of Representatives and I think this vice president who we have, like, if what happened in 2020, if January 6th happened today, you could be damn sure that JD Vance would not do the right thing like Mike Pence did. J.D. vance would come up with some smarmy excuse and be like, okay, liberal, so you're. He can't serve a third term. Because, okay, buddy, like, he'll, he'll. Come up with some of his woman of his smarmy responses. Mike Johnson will be like, well, you know, guys, actually this is what the people want. And, you know, my religion tells me that, you know, they could come up with an excuse for anything, and they will. I don't even think Donald Trump needs to test the waters on it. And I think Donald Trump likes first. I think he likes the chaos he causes when he speaks about, you know, all the third term stuff. But I do think that, you know, if given the opportunity, he would absolutely take it and absolutely try to do it. I mean, we're dealing with a guy who does not give a damn about the rule of law, does not give a damn about the Constitution, and a party who's inclined to protect him every step of the way.
- [35:45]
Jordy
They're not even dropping breadcrumbs. They're dropping entire loaves of bread that Trump plans on doing this. When you, when he met with Jeffries and Schumer, for example, I mean, there was no cameras there, right? But what was the big thing that he was handing out Trump 20, 28 hats in that meeting. And so we have to really be prepared here to see just how far he's going to test this thing. I don't know how we ended up here from, from, from the economy and c conversation, but it, but it is scary. It's scary and it's upsetting to see macro of just, you know, just how much power the Republican Party is willing to concede to this man.
- [36:19]
Host/Analyst
Well, and I think as you bring up MAGA Mike Johnson, the power to tariff is the power to tax, and that resides with Article 1, which is Congress. And the fact that Congress right now, under MAGA Mike Johnson has allowed Donald Trump to unilaterally engage in a trade war against the world, allows Donald Trump to wake up and say, I don't like an ad that the province of Ontario is running in the United States that directly quotes from Ronald Reagan, and Trump says it's clearly AI when it's not AI, it's Ronald Reagan's speech. It's a shorter version of the speech. Because ads can't run for five minutes. That would be like a show. But it's Ronald Reagan's voice. If you just get to wake up angry and say, a 10% tax on the American people, which is what a tariff is, which is one of the reasons we're seeing inflation rising. And then not only do the Republicans in the House say, whoa, that's our job. We are a co equal branch and we should do something. But they then go, actually, the foreign countries are eating it. Actually, there is no inflation. We're in a golden age. All Americans are prospering, promises kept. And it's like, nah, Americans are suffering right now. Right there in lies a massive, massive problem. And not constitutional crisis. We're, we're past the crisis part. We are in the authoritarian regime. And the question is, is how does the opposition and resistance respond to that? With moral authority, with formal authority, like we're seeing with Prop 50. And you see Democrats in Virginia now finding a potential loophole there to call a special session because the MAGA Republican Governor Glenn Youngkin forgot to adjourn a special session back in 2024. So Democrats there are trying to figure out, can we get three additional seats out of Virginia. You have Democratic leader Hakeem Jeffries going to Illinois to figure out if there's a way to get a seat there. You have Democrats in Maryland trying to see if they can respond to what is the new ball game, which is this free for all caused by MAGA Republicans, which is the same way on the global side. The rules based order that existed is gone. The rules based constitutional system in the United States is gone because of Donald Trump. And that's a big problem for people who like structure and rules and laws and constitutions and, and following the Constitution. Right. Let's go though. Talk about Trump's trip to Asia, to where we started. Just think about this. I want to show the contrast of Trump versus Carney. So here you have Donald Trump on this trip whining in Malaysia about the escalator not working at the United nations and the teleprompter not working, which was caused by his own people. But he's still whining about this months later, later. Here, play this clip.
- [39:20]
Ben
I won't forget that day because it was one of the first wars that I got involved in. And I love doing it. I love, it's one, it's like, I shouldn't say it's a hobby because it's so much more serious than a hobby. But it's something that I'm good at and it's something I, I love to do. The United nations should be doing this, but they don't do it. You know, they don't do it. They turned off my teleprompter when I made a speech. I had to make a speech. Speech without a teleprompter. They're good at that. The escalator wasn't working too well. It came to a complete halt.
- [39:51]
Host/Analyst
But still whining about the escalator and the teleprompter. Dude, just grow up and get over it and talk about real things. I mean, you had Prime Minister Carney very specifically going through the trading relationships with Asian, the southern Asian countries and what they were specifically doing and how they were focused on broadening these deals here. Was Trump lying though and saying that he's brought in $20 trillion and it's like who. You're not fooling anybody. I mean all the other countries are there. They know they're not giving you that money. I just, I understand this is for his own ego, but it's like you're speaking to the group of people who you claim gave you the money and they know they didn't give you the money. So they know all they have to do is, is just allow you to fake it. While they are pursuing changes in the previous rules based global world order that existed where the United States was once the leader. Here, play this clip.
- [40:50]
Ben
Critical minerals and other industries. The United States is having its golden age. Last year we were a country that was doing very poorly under a different semi leadership. I don't even call it a leadership. But this year we're doing numbers that nobody ever thought it was possible for any country to do. We'll be at the end of my first year, over $20 trillion worth of investment into the United States. There's no country anywhere that's ever done anything close to that. The United States last year.
- [41:23]
Host/Analyst
Yeah, because it's not true. And also he thinks that's strength where it's weakness masquerading as strength. And I don't. And people see the masquerade like they see it because when you trash the prior administration, you're trashing in general the continuity of American leadership. Right. You don't see other foreign leaders ever going on stage. And by the way, even like where there are like coups, like even when there are dictators up there, they're not spending their time focusing on trashing prior administrations or what existed before because the rest of the world leaders that are there are focused on what can you do now and what could happen in the future. So it's actually a very, it's a very weak thing that causes a massive amount of damage at the end of the day.
- [42:16]
Brett
I think it goes back to what I was saying before too about like these incentives that are there. And what Trump realizes is he could say this, he could lie and he doesn't really fundamentally get much pushback other than like you're at the Midas Touch network when he makes up these various numbers. And I think Trump operates the country very much like somebody looking for that sugar high. You know, like, he's always trying to go, okay, what. How could I kind of manipulate the market in this moment? How could I try to get, you know, win this sliver of the news cycle? How could I try to get this point out there without realizing that the damage that he's doing by get, you know, ingesting all that sugar all the time, by pushing all that sugar at the American people, which is actually corrosive and destructive to the United States of America long term. As you said, Ben, like, he has totally made the United States of America look foolish on the global stage. He has turned us into. You know, you could see all these various countries that you now view, our biggest allies in the past now view the United States as, like, the single most unreliable ally. And now, in fact, you are seeing countries that would ordinarily do business with us going to this event out there, and they're looking for partnerships with Asian nations. They're looking for partnerships with nations who they would never normally have such big trade agreements with and big relationships. Relationships with, because they know that they cannot trust the United States. And as an American, that's a really sad place for us to be in here, to be a country that's looked so down upon by the world. When you see Canadian leaders like Mark Carney, and when you see other leaders being like, all right, you don't. You're upset about a commercial. You're going to raise Tay.
- [43:50]
Jordy
You're gonna.
- [43:50]
Brett
This is what you're gonna do. We're just gonna find other friends, okay? Like, we're gonna go to this other place. We. We don't need you guys, and so we're just gonna bounce. All right, well, good luck. We'll see you later.
- [43:59]
Jordy
That's what I talk about when he's just such a global embarrassment as president. It's the lasting impact of what this is going to do on this country as far as, like, can people trust our leadership going forward? You know, I spoke last episode about, like, the prestige around the office and what that used to mean. And, Brett, you gave the great analogy. When you were growing up, folks were like, hey, when you grow up, you could be anything you want in this world. You know, you work hard, you know, you go to school, you be a good person. You one day could be President of the United States of America.
- [44:26]
Brett
America.
- [44:27]
Jordy
I look at that and I hear that now I'm like, that I could be that that's a silly position. It's an unserious position and it's, it's frankly like I'm upset that I even have to say that because it is a very serious position, as we all know. But what Donald Trump has made that office into and the entire cabinet and this entire MAGA regime has done is irreparable harm to the stat status of that once very powerful and prestigious office.
- [44:56]
Host/Analyst
Yeah, I want to contrast Donald Trump's rantings and ravings in Malaysia and on the plane heading to Japan to Prime Minister Carney and Brett, exactly what you said. Prime Minister Carney saying, you know, the rules based order that used to exist is no longer here. Sure there will still be trading with the United States where their neighbor, but we can't be reliant on that. What used to be our strength, the interconnectedness is now a weakness. So we need to look elsewhere, which is what we're doing right now. And so fundamentally the global order is shifting and what Trump hands on or hands off, you know, to the future is going to be a much weaker, much more isolated long term proposition for what the United States once was. We'll talk about that and more. We'll take our last quick break of the show. A reminder, make sure you subscribe to the YouTube channel and if you could become a paid member, that would be great. And gift paid memberships to others by clicking the join button so others can access the exclusive bonus features, the emojis, the exclusive podcast I do with Ron Philipkowski. We'll be back. Home stretch. Let's contrast Prime Minister Carney to Donald Trump. We'll talk about Trump talking about Mr. Getting an mri, which we knew it when advanced imaging, that's what I've been calling out. I said he clearly had an mri. We'll talk about that, that and more. Last quick break of the show.
- [46:22]
Jordy
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- [48:06]
Sponsor/Ad Voice
Off.
- [48:06]
Brett
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- [49:39]
Jordy
Let'S go Shout out to our sponsors links in description of both the YouTube and the audio. Click the links, use the codes. If there's an exit survey, let them know we sent you. Real quick. I saw a comment the other day was like, hey, I miss when Jordy says shout out to our sponsors. It was a real comment. And so to that commenter, one, I've read your comment and two, I'm going to bring that back to the pod now because I didn't know you liked it. So I'll bring it back.
- [49:58]
Brett
Benji, for the, for the people who say we don't read the comments, I read everything.
- [50:03]
Jordy
I read everything. I don't know how good that is for my mental health, but I read everything.
- [50:07]
Brett
Benji, I mean, we see what you're saying right now. Careful at that.
- [50:11]
Host/Analyst
I want to show the contrast between Trump and Carney right now. And I cannot be more stark. I mean, you've got Donald Trump, a lifelong fraud, a bankrupter, sexual abuser, he's a felon. And you contrast that with Prime Minister Carney, someone who led the bank of Canada during the Great Recession, who led the, the bank of England during Brexit, somebody who's just been one of the most brilliant economists, if not the most brilliant economist in the world, especially right now, for sure. Leading Canada very strategically and methodically. So on the one hand, you have Donald Trump talking about that he got an MRI done and his last doctor's visit on October 10th, and it was the best MRI anybody's ever had. The greatest MRI ever. It was a perfect, perfect, a perfect MRI, which he says very normal. Getting MRIs all the time like this. Okay, here, play this clip.
- [51:08]
Brett
Walter Reed mentioned advanced medical imaging. Did you get an mri?
- [51:13]
Jordy
Can you tell us what I did?
- [51:14]
Ben
I got an mri. It was perfect. I mean, I gave you, I gave you the full results. We had an mri and in the machine, you know, the whole thing, and it was perfect.
- [51:26]
Host/Analyst
You know, the machine, the whole thing, it was perfect.
- [51:28]
Brett
The best mri, perfect mri, best MRI anyone's ever seen. Incredible. Ben, we were talking about it. The crazy thing is, like, I remember you're reporting very clearly from this time where you read through that ridiculous doctor's note that they had given after he did this, by the way, this follow up appointment. And if you remember, they lied about this appointment. And they're like, oh, he's, Donald Trump's just going to his annual checkup at Walter Reed Medical. And we're like, his annual checkup? He had an annual checkup like three months ago in April. You don't, you don't have annual checkups every few months. He's probably going for a follow up. Like it must be a follow up appointment for something. And then pretty quickly we were like, well, what are the things that they cannot do at the White House that they can only do in these facilities? One of the things are MRIs. And so you suggested reading through the language that they put, and they put it in kind of, you know, different terms that I think Donald Trump got an MRI for something, which isn't exactly a normal thing that you just do. And I think it's interesting now, you know, know, a few weeks later, he himself is confirming that he did this mri. And just all day on the, you know, on this flight, he just kept going back to these tests for cognitive abilities, which are designed to test if you're experiencing symptoms of dementia. And he kept going back to those dementia tests over and over and over again, clearly thinking about his cognitive abilities and the exams that he had to undergo in this follow up appointment at Walter Reed. I think it's very revealing the fact that he's bringing this up and the fact that, that he had these, he had these checkups at the hospital.
- [52:55]
Jordy
I think it's very revealing for many reasons. But the main reason for me is he wouldn't confirm something like this and say it so specifically the way he phrased it if not for the fact that he is likely going to be getting more of these and making more trips there. So that's, I'm speculating there, but I think, you know, with reasonable thoughts, you can come to that same conclusion there. And also, again, taking us back to, to where we just left off before we cut to commercial. I got the best mri. The, the greatest. I did the greatest mri. What are we doing here? Like, what are we doing here, folks?
- [53:33]
Host/Analyst
And he says that he took another cognitive, to Brett's point, another cognitive exam. He said back in April he took a cognitive exam at that time. Now he takes another cognitive exam and he's apparently taking this cognitive exam all the time.
- [53:47]
Brett
Yeah, this is not taking these exams.
- [53:49]
Host/Analyst
So often take these exams, like all. Why you keep taking cognitive exams like you difficult hour.
- [53:55]
Jordy
You take a cognitive exam, you have your Breakfast. That's just, it seems to be his daily routine.
- [54:00]
Brett
He thinks that cognitive exams also, he thinks they are IQ tests. Like if you listen to the way he speaks about them, he thinks they are iq. I'm serious, listen to the way he talks. And he's like, he's like, I aced it. And it's actually, you know, they say it's a cognitive exam, but actually it measures much more than that. An AOC wouldn't be able to pass. I mean, listen, listen to what he said. Here, watch this.
- [54:20]
Ben
They have Jasmine Crockett, a low IQ person. They have AOC's low IQ. If you give her an IQ test, have her pass. Like the exams that I decided to take when I was at Walter Reed, I took. Those are very hard. They're really aptitude tests, I guess in a certain way, but they're cognitive tests. Let AOC go against Trump, Let Jasmine go against Trump. I don't think Jasmine. The first conversation, couple of questions are easy. A tiger, an elephant, a giraffe, you know when you get up to about 5 or 6 and then when you get up to 10 and 20 and.
- [54:56]
Brett
25, they're not hard. They're not supposed to be app, they're not aptitude tests, they're not IQ tests. They're not supposed to be particularly challenging. They're supposed to really like measure if you have like sentient life.
- [55:09]
Jordy
Like he thinks he's taking the SATs, going out there, taking SATs. I like when you, he names the animals a giraffe, a lion, an elephant.
- [55:18]
Brett
They started easy when they make you identify that elephant, but then they throw some numbers in there and they go, what's the lion?
- [55:24]
Host/Analyst
And sometimes I can't tell if the lion is actually a giraffe. Yeah, like it's a confusing one. Is that lion truly a lion or is it a jaguar? Like these. This gets really intense right here. Contrast that to Prime Minister Carney. Just, just play any one of it. Brett.
- [55:39]
Prime Minister Carney
I think the first is just to get across the scale of ambition in Canada. Right, right now we, we intend over the course I can of course have food security. We mentioned food security. Ken Seitz is your one stop shop for food security with nutrient globally. And that's actually not an exaggeration. It happens to be true. There you go. First, boast of the evening. Secondly, it's enormous, enormous food. I'm just, I'm just warming up for my American level of boasting. We, we are going to double our non U S exports over the course of the next 10 years. We think we can do it in a much shorter period of time. That's 300 billion of additional exports. Most of that is going to come from Asia in our view and I'm going to justify that in a second. But on top of this, and I just underscore this because this is a two way relationship, our expectations coming out of the budget is that we will, we're laying out a path for at least half a trillion dollars of additional investment in Canada in the next five years. Additional, not total additional. So, and that's us. So these are orders of magnitude that start to be relevant areas both in terms of the two way trade and the domestic investment. We're basically going to build out the infrastructure to help drive energy, energy corridors, both clean and conventional trade corridors, new port infrastructure and others. But from, from lng where we're, we're putting ourselves on a path to at least 50 million tons by the end of this decade. But double that by 2040, potentially more. It's easily done.
- [57:22]
Host/Analyst
Remember when we used to have former President Barack Obama represent the country and speak like that on the world stage? Do you remember that? Like I wanted to show that clip to you. And there's so many more clips of Prime Minister Carter.
- [57:35]
Brett
Here's the, here's the problem, Ben. I have no idea his thoughts on escalators.
- [57:40]
Host/Analyst
Has he taken a cognitive exam?
- [57:42]
Brett
Has he taken into dementia test? Does he even know what, does he even know what an elephant is? So like I, you know, I, I just, I just don't know.
- [57:49]
Host/Analyst
I don't know. I don't know either. Here's Treasury Secretary Scott Besant while in Asia saying that he's a soybean farmer. Let's play this clip.
- [57:56]
Brett
I, I did mean the second term.
- [57:57]
Jordy
I know they before the President has also said he does want our farmers.
- [58:02]
Brett
To be taken care of. You did mention that China has been.
- [58:05]
Jordy
Boycotting American soybeans and American farmers have really suffered. Do you see a real light at.
- [58:12]
MAGA Mike Johnson
The end of the tunnel there?
- [58:13]
Jordy
They may allow soybeans again.
- [58:18]
Brett
Well, Martha, in case you don't know.
- [58:20]
Prime Minister Carney
It, I'm actually a soybean farmer. So I, I have felt this pain too. And there are a couple of things happening here. One, the Chinese have substantially dropped their purchases to almost zero. So they unfortunately have been using American farmers who are amongst President Trump's biggest supporters.
- [58:40]
Host/Analyst
I'm a soybean, he's a soybean farmer. Because he's a billionaire, almost a billionaire. I'm sure he'll be A billionaire very soon under the Trump regime, while Americans are suffering. And he owns thousands of acres in North Dakota that he rents out to all different types of farmers, including soybean farmers. So that's like, if you rented your house out to somebody and they were an accountant, you're like, I'm an accountant also, because they're doing accounting work in their house. Or like, if you're the landlord of a building. I am actually a law firm, and I'm an accounting firm, and I am an investment banking firm. You know, everyone that's. You're not a speak.
- [59:19]
Brett
Speaking of houses and renting out houses, let's take a look at Scott Bessant house, which he modeled after the Barbie dream house. This is a real image that's overlying over us right now.
- [59:28]
Host/Analyst
Those are two different houses. That was.
- [59:30]
Brett
Those are two different houses. Okay.
- [59:31]
Host/Analyst
The old house is the South Carolina mansion, which is based after Barbie's pink dream house, Malibu mansion. The other one's his home in D.C. right now for $12.5 million. But he's a soybean farmer, just like the rest of you.
- [59:44]
Brett
He's worth over a million dollars. People, like, there's a genre in this Trump administration I think of, like, billionaires and Deca millionaires, hundred millionaires, trying to act like they understand the plight of working people and that they are. They are feeling the pain. I'm feeling the pain, too. You're worth over $500 million.
- [60:04]
Jordy
They just love cosplaying. I mean, look at Kristi Gnome, for example. Every. Every time she's a firefighter.
- [60:10]
Brett
She's.
- [60:10]
Jordy
She's an army person. She. She has. She's doctor. She dresses up in all these outfits like. And she, they, they love to just cosplay it.
- [60:18]
Host/Analyst
There's no doubt. I want to show this as well, though. This is Jordy. This must be cathartic for you. Reuben Gallego, Senator from Arizona, Democrat. On with Joe Kiernan. And Kieran tries to do the Trump propaganda. Republicans just don't want to get blackmailed. That's what's going on. And then watch what Senator Gallego does here. It's brilliant. Let's play it.
- [60:43]
Jordy
Republicans are refusing to be blackmailed and held hostage into what Democrats want. Mike Johnson doesn't need to do any Democrats.
- [60:51]
Brett
That's what I want. 24 million Americans. I want 24 million Americans. Have inflation. No. Okay. 24 million Americans want their insurance.
- [60:59]
Host/Analyst
Healthy, healthy and affordable insurance.
- [61:01]
Ben
I appreciate it.
- [61:02]
Host/Analyst
You do have a good one.
- [61:03]
Brett
Okay.
- [61:03]
Jordy
Have you back. Let's go.
- [61:07]
Host/Analyst
Have Me back, Jordy. That was the moment you were waiting for. There's so many more clips there that I'll show in other videos. But it all basically went down like that with Kiernan, who's supposed to be a financial host, right? He's supposed to take a step back, be objective about the financial data. This is cnbc. It's not supposed to be Fox fake news.
- [61:28]
Brett
Right?
- [61:28]
Host/Analyst
And he's out there pushing Republican talking points for Donald Trump. And finally, you have a Democratic senator say, look, we're just fighting for the health care of 24 million.
- [61:37]
Brett
And by the way, it's like, to me, it's like one point. If you have, like, conservative beliefs and. And that informs your reporting, okay, like, I could let that pass. But, like, Kernan is just a straight up MAGA propagandist who isn't even basing anything he says on facts. He's just, like, following the Trump MAGA line with everything on a business network where people are supposed to be getting their business news so they could react appropriately to markets and actually be prepared for various market conditions and whatnot. I'm glad that Ruben Gallego was just like, dude, shut the fuck. Shut the hell up, Jordan.
- [62:08]
Host/Analyst
How does that make you feel?
- [62:09]
Jordy
It makes me feel good. A guy, I go, obviously listen to the Midas Touch podcast, and he's obvious, obviously a Jordy fan and knows that how frustrated I am with the damn channel. And I think we're getting some justice here that we could finally discuss the NBC without me getting made fun of. But Ben and Brett, to your points. Exactly. I'm so glad your eyes are now open to this. This is a MAGA light channel. Joe Kernan is a MAGA puppet who just spews MAGA talking points because he, in my theory, I'm theorizing here, has tons of money in the market, and he loves the way that Donald Trump is taking the market and manipulating it in this. And who has the microphone over at Seattle? Cnbc? Joe Kernan has the microphone over there. And I was watching the other day, you know, because I watch all the time angry at my tv, watching this show, because it's for people, in my opinion, that are politically adjacent and, like, aren't super tuned in with everything that's going on, but just want updates on the market. But the channel has turned in to this MAGA arm, the arm of the Trump regime that literally just spews his talking points and takes away legitimate information that people could be getting about the market and the economy to help inform their Opinions in a better way. And so when Kernan is up there doing that whole shtick, it's confusing Americans at large because what he does is he puts on a Senator Ruben Gallego and gets him on there and asked about it and hopes that he stumbles and falters. And so Kernan could then press him with the MAGA talking points to put that out there. See, look, it's the Democrats. They don't want you back in. It's all the Democrats fault. And the biggest joke about Kern in here, too, is Sorkin, who's on the network, who's actually a bit better, one of their good hosts, I have to say, when he tries to push back on Republicans and the MAGA arm that comes on, and rightfully so, he asked them, like, good questions. Kernan gets so in his own feelings about it and make Sorkin just stop talking, talking. And then it's. To me, that's like, okay, you, now, you actually, I know you don't care. I know you don't care about the legitimate information out there that the American people actually want. And you just want to use your microphone and your network, Kernan, to just spew the MAGA talking points.
- [64:14]
Brett
We should, we should get circuit on. I think that would be funny. Yes, we should. Here, here, here, here, here's. Here's what I want to say, though, about that, too. Like, you know, I know you, you implied a little bit, you know, that this, first off, it's. I think it's hilarious that this has become, become an ongoing joke, or so to speak, of this podcast. Is that Jordy H. John Kernan, with a fiery, burning passion and hate, watches Squawk Box every morning. I still don't know why, Jordy, it's raising your blood pressure. It's gonna. Just be careful out there, okay? But like, I just want to say this isn't just within the Trump administration that this has been going back because, you know who used to be a frequent guest on none other than cnbc, Squawk Box, Larry Kudlow, who works for the Trump administration now. So this goes way back, is my point. It's not just a new creation. And. But I think that's one of the things that I think we have to realize and that people, when, if you want to be media savvy, need to realize is that these companies, like a cnbc, they're owned by mega conglomerate corporations like Comcast, right? They're owned by the biggest corporations that have incentives to protect the wealthiest people. You know, these aren't great people who run these corporations. And so. So when you see that there is a business channel that's owned by these mega conglomerates, who do you think they are going to be reporting in the best interest of the working people who are trying to put food on the table for their family? The people who are concerned about their SNAP benefits, or are they trying to do whatever they can to elevate the bottom line of their owners who paid billions and billions and billions of dollars to keep these networks going? I mean, I think you really have to look at it like that. And then it makes all the sense as to why does CNBC have this Joe Kernan guy there? Why they uplift a guy like Larry Kudlow? Why are they pushing all of this bullshit? Why do they buy into Trump's fake trade deals? Because they are pushing the line that is best going to help the billionaire class. That's just what's happening every single time. They make a lot more money doing that than they would helping the person who is terrified that they're not going to be able to pay for their groceries.
- [66:18]
Host/Analyst
I think that's an important theme of this episode. And part of the mission that we have here at the Midas Touch Network is to deconstruct and reconstruct, construct with facts what's really going on there. And that's our mission each and every day. And it's an honor and a privilege to be able to fight by your side, shoulder to shoulder, bringing the receipts and the accurate news. Want to thank everybody for watching? A reminder, subscribe to our YouTube channel. Subscribe on Audio as well. Wherever you get your audio podcast, please make sure you subscribe there as well and leave a five star review to our audio listeners. Subscribe on YouTube. Become a member of our YouTube channel by clicking the join button and you can gift as many YouTube memberships to others who may not be able to afford the membership. We're grateful for you. Thank you for everything. And we'll keep fighting and keep checking back on our YouTube channel every 90 minutes for new content. As always, Jordy, take it away.
- [67:15]
Jordy
Shout out to the Midas mighty.
- [67:19]
MAGA Mike Johnson
Standing strong.
- [67:23]
Brett
Against the fascists we sing our.
- [67:27]
MAGA Mike Johnson
Song.
- [67:34]
Jordy
Want to stay plugged in? Become a subscriber to our substack@midasplus.com you'll get daily recaps from Ron Filipowski, ad free episodes of our podcast and more exclusive content only available@midasplus.com.
- [67:50]
Host/Analyst
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- [68:18]
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