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Unknown Host or Commentator
As Donald Trump continued to take a wrecking ball to the United States economy and to our international alliances and our standing in the world. This is the type of stuff that Donald Trump was posting yesterday. A photo of MAGA Republican Congress member Jim Jordan gesturing with his fingers. What about Donald Trump's very small and tiny brain? What's Jim Jordan even doing here? Oh, he's holding a hearing to look at the left wing activist judges. Oh, yes, the MAGA Republicans are spending time attacking the judges who Donald Trump says is being mean to him because Donald Trump wants to invoke war powers to kidnap migrants and without due process, send him to concentration camps in El Salvador and to revoke temporary protected status of over 350,000 Venezuelans. By the way, the Venezuelan community had previously been supportive of Donald Trump, but Trump wanted to do it. And federal judges are saying, hold off for now. We need to determine if there should be due process, because our Constitution calls for due process. And then Donald Trump's like, well, they're being mean to me. These unfair judges are being meany heads to me. So Jim Jordan, can you hold the hearing? And Jim Jordan's like, yeah, Donald, whatever you want, I'll hold the hearing. So absolutely pathetic. Also yesterday, Donald Trump was attacking other law firms, big law firms, and trying to make them do settlements with him. All of this, by the way, while Donald Trump says today, he calls it because he's psychotic Liberation Day, where he's going to tariff the world. But he hasn't explained, at least as of yesterday or at least as of this morning, when I'm making this early in the morning, is it going to be universal tariffs across the board at the same amount to every country in the world? Is it going to be uniquely tailored to each country? Like, what is it that you're doing? Donald Trump, like, refusing to talk about it yesterday, but he was point posting photographs of Jim Jordan like, no, it's obvious, right? Like, like why you have Judge Susan Crawford winning in Wisconsin against the MAGA Doge candidate, Brad Schimmel, the democracy Judge Susan Crawford prevailing in that big Supreme Court race in Wisconsin where Elon Musk threw millions and tens of millions of dollars to try to get his hand picked. Doge MAGA candidate Brad Schimmel elected despite all the money thrown at that race by Elon Musk, the pro democracy candidate, Judge Susan Crawford, because Americans are pissed. People in Wisconsin are pissed. What Trump and Doge and Musk have done with their hostile takeover of the federal government, what Trump and Musk and Doge have done in destroying the lives of veterans and federal workers and cruelly toying with people's Social Security, cutting Social Security Administration offices and services, creating this tax cuts for billionaires, $4.5 trillion in tax cuts while cutting $880 billion in Medicaid. It's horrific. And look, the this is from yesterday on the Hill. MAGA Republicans like Senator Thom Tillis of North Carolina and others you'll see in this video saying that tariffs are going to hurt their people. It's going to cause pain and suffering. And what's up with this pain and suffering? That what Trump and Musk keep saying, people need to be have pain and suffering inflicted on them. Here, play this clip.
Senator Thom Tillis
Anyone who says there may be a little bit of pain before we get things right need to talk about farmers who are one crop away from bankruptcy. They don't have time. So we've got to be crisp on this implementation. Otherwise we could do damage that's irreparable to farmers. As the president has admitted, tariffs will create pain for some businesses. And I think Wisconsin will be particularly hard hit with all the manufacturing and agricultural interests. He's used tariffs in the past effectively to get nations to do what they should have done anyway right now, given the benefit of the doubt. But I'm concerned we've already heard from some of our beef processors, popcorn exporters, that they're losing some market share in Europe. So it is concerning. And I'm all for fair trade, reciprocal tariffs. I think in the end, a trade war doesn't help anybody.
Unknown Host or Commentator
Now yesterday also, we saw Senator Cory Booker complete what was the kind of longest Senate speech in history, bringing attention to the wrecking ball that is Trump and Doge and Musk and what they've done to the United States economy, our alliances, our international standing. Here's Cory Booker or Senator Booker here. Play this clip.
Senator Cory Booker
Let's get back to the ideals that others are threatening. Let's get back to our founding documents. That those imperfect geniuses had some very special words at the end of the Declaration of Independence was one of the greatest in all of humanity, declarations of interdependence. When our founders said we must mutually pledge, pledge to each other our lives, our fortunes and our sacred honor. We need that now from all Americans. This is a moral moment. It's not left or right. It's right or wrong. It's getting good trouble, my friend. Madam President, I yield the floor.
Unknown Host or Commentator
And just so you see, even how Fox was talking about it yesterday, Trump's tariffs, like Peter Doocy from Fox wasn't able to articulate like we still don't know what these tariffs are going to look like. Are they going to be universal? Are they going to be, you know, tailored to reciprocal, uniquely tailored to each country. Here, play this clip. Tomorrow there's still time for him to change his mind, but we are told he has settled on one of two possibilities, either a 20% flat tariff or adjustable tariffs. Where we are, the United States is implementing something on another country based on what their tariff is on us despite. I want to share this with you as well. This is Senator Chris Murphy, Democrat. And here he talks about how he goes News flash. These Trump and these magas are incompetent. Like so it's not shocking that these incompetent and unqualified people are doing incompetent and things that people who are not qualified do. And then they try to cover it up, which just makes it worse. Here, play this clip.
Senator Chris Murphy
You know, news flash, these guys are incompetent. They don't know what they're doing. I mean, we hired a weekend Fox News host with no diplomatic or management experience with a checkered personal history of abuse and alcoholism to be our chief national security official. And it's going very badly. I don't know that anybody could have seen this coming. The reality is that, you know, these revelations are really worrying. But, but you know, their contempt for remediation is even more worrying. They opened and closed an investigation in about 48 hours. They haven't announced any change in practice. For all they know, they're continuing to conduct sensitive business on signal or on Gmail. For all we know, they are continuing to include non administration officials on those message threats.
Unknown Host or Commentator
With all of this going on, is there any stability? No. Is there any articulation of a plan or policy? No. What are we hearing about yesterday? Well, the Washington Post got this scoop. A senior White House official said the administration is currently analyzing the estimated cost of acquiring Greenland, including factoring in the cost of providing government services to its citizens. Budget officials are still working to determine what the costs could be. White House officials say the story is White House studying costs of Greenland takeover long in Trump sites. It's the most concrete effort yet to turn Trump's desire to acquire the Danish territory into actionable policy. Despite widespread international outrage. They're going through the financial costs of going to war against a NATO ally, Denmark. Greenland is within the territory of the Kingdom of Denmark. By the way, the new Greenland prime minister says they're looking forward to to having the Danish prime minister Visit Greenland and Trump's trying to do budget projections of what it would cost to what to go to war and take it over. That's, that's what they're spending their time doing in the Trump regime. And by the way, the Washington Post is writing about it like, it's like, like this is a normal, this is a normal discussion. This from the Wall Street Journal opinion section. Tariffs won't bring a boom in American manuf, but tax credits, subsidized loans and grants could boost U.S. production energy in some products. Quote, we know this is from the op ed. Like, this is Murdoch trying to tell Trump what to do. It's like Murdoch saying, listen, you idiot, let me explain to you what you need to do so that you can actually help the economy. That's what's going on here. Quote, we know of no example in the history of advanced economies of sweeping tariffs having the positive effects the Trump team believes are waiting on are waiting for us on the other side of his tariff push. This from Bloomberg. Trump's 25% tariff hands the car industry keys to China. We're now looking at a future where Beijing rules the road. This from the article, quote, if you're wanting to bring manufacturing jobs back to the heartlands of America, landing a blow against these two Asian allies is a strange way to, to go about it. What we're seeing right now is China reaching economic agreements with Japan and South Korea because Trump is attacking Japan and South Korea, which former presidential administrations worked hard to create deterrence against China's aggression and China's growth as an economic power. The Trump regime just broke all of these deals with the between the U.S. japan and South Korea. Now you have South Korea, Japan and China joining together. And by the way, you have China conducting aggressive military exercises in Taiwan because they smell weakness in Donald Trump. I'll do a whole other video on that as well. And then here you have Caroline Levitt yesterday asked at a press conference, hey, Donald, Trump said that foreign countries are going to eat the cost of tariffs. So why is he asking domestic automakers not to raise their prices if he says this is going to be great? Take a listen to her response. Good question. It's Liberation Day.
Caroline Levitt
Yes, it is, Caroline. The president has said foreign countries and companies will eat the cost of tariffs. In his speech on Inauguration Day, he said, quote, instead of taxing our citizens to enrich other countries, we will tear up and tax foreign countries to enrich our citizens. So then why did he have to tell the domestic automakers not to raise prices? Well, that was a private conversation that was had. I'm not sure if that comment was made or was not made. But as for what the president said in his inauguration day speech, he's absolutely correct. A tariff will be a tax on these foreign nations, these foreign companies. And if they want to be absolved of that tariff, then they can come here to the United States of America to do business, bring their jobs.
Unknown Host or Commentator
Here she goes. I'm not sure if that comment was made or not made. That's your response. And finally, I want to show you this clip that was put together by our editor in chief, Ron Filipkowski, where he goes. The first half of this clip is Donald Trump from last month telling one of his favorite sir sir stories about his joint chief's chair nominee, Dan Cain, which he's told hundreds of times. The second half of the clip is Cain testifying yesterday to the Senate to be confirmed as the chairman of the Joint Chiefs of Staff, showing, surprise, surprise, Donald Trump is lying. Let's play the clip.
Senator Thom Tillis
This is where I met General Raisin Cain. And what's your name? General, what's your name? And he gave me his name. What's your name, Sergeant? Yes, sir. And I love you, sir. I think you're great, sir. I'll kill for you, sir. Then he puts on a Make America Great again. You're not allowed to do that, but they did a story where he spoke to you while you were serving in Iraq on active duty and you said that you loved him and I'll kill for you, sir. The president then said that you followed up these comments by putting on a Make America Great again hat. General Kaine, is there any of this story true? Senator, as I mentioned to the chairman, for 34 years I've upheld my oath of office and the responsibilities of my commission. I think I went back and listened to those tapes and I think the president was actually talking about somebody else. And I never worn any political merchandise or said anything to that effect.
Unknown Host or Commentator
Well, there you have it, folks. Let me know what you think. Hit subscribe. Let's get to 5 million subscribers. Can't get enough Midas. Check out the Midas substack for ad Free articles, reports, podcasts, daily recaps from Ron Filipkowski and more. Sign up for free now@midasplus.com.
The MeidasTouch Podcast Summary: "Panicking Trump Goes Nuts on Tariff Day"
Release Date: April 2, 2025
In the episode titled "Panicking Trump Goes Nuts on Tariff Day," the Meiselas brothers—Ben, Brett, and Jordy—delve deep into the tumultuous actions of former President Donald Trump concerning his recent tariff policies. Combining sharp political analysis with their signature humor and brotherly banter, the trio dissects the implications of Trump's decisions on the U.S. economy, international relations, and domestic policies.
The episode opens with a critical examination of Donald Trump's aggressive stance on tariffs, highlighting his assertive moves that have stirred controversy both domestically and internationally.
Economic Impact: The brothers discuss Trump's dismantling of the U.S. economy and its ripple effects on international alliances. They cite Trump's unclear tariff policies, questioning whether they are meant to be universal or tailored to specific countries.
Notable Quote:
The podcast highlights the backlash Trump faces from fellow Republicans, particularly MAGA-aligned senators who express concerns over his tariff decisions.
Senator Thom Tillis' Critique: Senator Tillis voices apprehensions about the potential harm tariffs could inflict on American farmers, emphasizing the urgency for precise implementation to avoid irreparable damage.
Senator Cory Booker's Speech: Senator Booker delivers a passionate plea for a return to foundational American ideals, condemning the actions of Trump and his allies as detrimental to democracy.
Senator Chris Murphy's Remarks: Senator Murphy criticizes the Trump administration's incompetence, particularly in handling national security positions and the broader implications of their policies.
The episode scrutinizes the media's portrayal of Trump's tariff policies, highlighting inconsistencies and challenges in conveying the administration's plans.
Fox News Commentary: The brothers point out Fox News' struggle to clearly articulate the specifics of Trump's tariff strategy, reflecting broader confusion surrounding the policy.
Wall Street Journal and Bloomberg Insights: The podcast references critical opinions from reputable sources, underscoring skepticism about the efficacy of Trump's tariffs in boosting American manufacturing.
"We know of no example in the history of advanced economies of sweeping tariffs having the positive effects the Trump team believes are waiting." [10:20]
"Trump's 25% tariff hands the car industry keys to China. We're now looking at a future where Beijing rules the road." [10:45]
A significant portion of the discussion revolves around Trump's unexpected interest in acquiring Greenland, highlighting geopolitical tensions and economic considerations.
Greenland Acquisition Talks: The brothers elaborate on reports indicating the Trump administration's serious contemplation of purchasing Greenland from Denmark, a move met with international outrage and logistical challenges.
"White House officials say the story is White House studying costs of Greenland takeover long in Trump sites." [07:58]
"Despite widespread international outrage, they're going through the financial costs of going to war against a NATO ally, Denmark." [07:58]
The podcast touches on internal conflicts within Trump's administration, particularly concerning personnel and policy consistency.
Joint Chiefs Chairman Nomination Controversy: Highlighting discrepancies in Trump's narratives, the brothers discuss the controversy surrounding General Raisin Cain's nomination and conflicting statements made by Trump.
"General Kaine, is there any of this story true?" [12:58]
"I think the president was actually talking about somebody else. And I never worn any political merchandise or said anything to that effect." [14:00]
Wrapping up, the Meiselas brothers reflect on the broader implications of Trump's actions on American democracy and the nation's future trajectory.
Democratic Stability at Risk: They emphasize the destabilizing effects of Trump's policies, arguing that the current administration's decisions are eroding the foundations of democratic governance.
Call to Action: Encouraging listeners to stay informed and engaged, the brothers advocate for vigilance in protecting democratic institutions against authoritarian tendencies.
Unclear Tariff Policies: Trump's tariff strategies lack clarity, causing uncertainty in both domestic markets and international relations.
Republican Dissent: Prominent MAGA Republicans express significant concerns over the negative impacts of tariffs, particularly on vulnerable sectors like farming.
Media Scrutiny: Major media outlets critique the administration's economic policies, questioning their effectiveness and long-term benefits.
Geopolitical Tensions: Ambitious plans like the attempted acquisition of Greenland demonstrate Trump's broader unconventional approach to foreign policy.
Democratic Erosion: The episode underscores fears that Trump's actions are undermining democratic norms and stability within the United States.
Unknown Host/Commentator
Senator Thom Tillis
Senator Cory Booker
Senator Chris Murphy
Senator Thom Tillis
Senator Cory Booker
Final Thoughts
In "Panicking Trump Goes Nuts on Tariff Day," the Meiselas brothers provide a comprehensive and critical analysis of Donald Trump's latest economic policies. Through insightful discussions, they illuminate the potential ramifications of Trump's actions on various facets of American life and governance. The episode serves as a compelling reminder of the importance of informed civic engagement and the ongoing struggle to preserve democratic integrity in the face of divisive leadership.