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- [00:01]
Lisa Schneider
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- [00:57]
Adam Mockler
Cancel contact T Mobile phone Donald Trump's fake deals with countries across the world, if he's even making any fake deals at all, it's blowing up in his face. But it's also hurting the American consumer and it's hurting American people because, you know, there's such a great degree of uncertainty. But here's the typical situation of what goes down. You have an announcement of a fake trade deal like Donald Trump just did with the European Union. He'll say, here's the deal, 600 billion, 750 billion, 15% tariffs, which are a tax on Americans. And then you'll then get the announcement from the country a little bit later. Actually, it's not binding. There's no guarantees. We're not going to do the 600 billion. It's not really happening and it's just kind of a framework of what things may be. So here's an example. Here's what happened in Europe.
- [01:47]
Chris Murphy
Let's play it.
- [01:49]
Donald Trump
So Those things are 750 billion, 600 billion opening up the country. We are agreeing that the tariff straight across for automobiles and everything else will be a straight across tariff of 15%. So we have a tariff of 15%. We have the opening up of all of the European countries which I think I could say were essentially closed. I mean, you weren't exactly taking our orders, you weren't exactly taking our agriculture.
- [02:28]
Adam Mockler
Yeah, nothing he says is true. Then The European Union announces that it doesn't have the power to deliver on a promise to invest $600 billion in the United States economy. Then, same thing with Japan. You have Donald Trump say that Japan's giving America a $550 billion signing bonus. And he goes, signing bonus? We're getting it. $550 billion. I'm like, Japan's entire GDP is $4 trillion. What are you talking about, a signing bonus? Just remember, here's what he said right here.
- [02:59]
Donald Trump
Well, it depends. Japan. What Japan did is they brought down their tariffs. They gave us 300, $550 billion because they didn't want to pay 20. They were 28%, and they gave us $550 billion upfront. 100%. 500. We get 90, they get 10, and there's no payment. It's not a loan or anything. It's a. It's a signing bonus, I call it. But they gave us 550 billion and took down the tariffs a little bit, and then they agreed to open their economy to everybody. This was not easy. This took, you know, a lot of people.
- [03:35]
Adam Mockler
None of that is true. Japan is saying that it will be a discretionary loan. Nothing's going to be different than the way the existing trade relationship had existed before. It just. It's all a lie. Let me bring in Democratic Senator Chris Murphy. Senator, it's good to see you here. And you and I are doing an event together where the media sponsor of an event called Won't Back Down. It's taken place in Phoenix, Arizona, this upcoming Sunday, August 3rd. You're going to be there. Congresswoman Crockett's going to be there. Congresswoman Ansari is going to be there. It's a big deal. I want to talk a little bit about the event, but, you know, I've seen you be very vocal about these fake deals and the impact fake deals are happening. What do you make of it all?
- [04:17]
Chris Murphy
Yeah, I'm very glad that you're going to be our media partner rather than all the other media companies that are not telling the truth. I mean, it's pretty amazing how the mainstream media just parrots whatever Donald Trump puts out there. So let's take that Japan deal. You go on any mainstream media website and you'll see a headline from about a week ago. Trump signs historic trade deal with Japan. Totally not true. First of all, there's no agreement, there's no text. But the central claim he made that you just ran there, that Japan is giving us $550 billion, just a complete Fiction, as you pointed out, it's just absurd because that's about 13, 15% of their entire GDP. They don't have that money to give to the United States. And of course Japan's not going to invest money in which 90% of the returns go to the United States. Japan basically within 24 hours said, no, absolutely not. We did not agree to that. To the extent that we invest any money in the United States, we'll get back exactly the percentage that we put in and the United States will get back the percentage that they put in, like any normal co investment deal would work. So it's just a reminder that he's always lying. He's constantly lying. But it's also a reminder that increasingly we can't trust a lot of these mainstream news sources that are just, you know, so willing to parrot his lies without any examination.
- [05:40]
Adam Mockler
No, it's like a Ponzi scheme. Like what concerns me about the market. As a student of the market for a long time, as a lawyer when I was practicing, I mean, I used to do cases against, I did a case once against the biggest Ponzi scheme in California. I look at all of this and it just has all of the trappings of a Ponzi scheme in the economy with all of these landmines that are existing in all these different areas. When you think about what caused the Great Recession of 2008 was subprime mortgages, I feel like we have a hundred different versions of that right now. And there keeps being a cover up of the next cover up. And my question is at some point in time, because this is all a fugazi, all of this is bs. And yeah, maybe day traders like to have fun with the. Is he going to say this today? Is he going to taco today? But people's 401ks, people relying on that, are pulling money out, they're seeing prices go up. My big concern is the systemic issues in the economy don't feel safe and sound to me. And it feels like a massive Ponzi scheme.
- [06:44]
Chris Murphy
Well, a Ponzi scheme is a fundamentally corrupt enterprise and so is this. I mean, this isn't just bad management of the economy to constantly be claiming there are tariffs coming. They're not tariffs coming. Wait, they're coming back again. Wait, they're suspended for 60 days. But what's happening underneath this is that people are getting rich because the market does respond in the short run to these tariff announcements. And so if you know what Trump is going to say a few minutes ahead of time, a Few hours ahead of time, you can make a bunch of money. That's what's been happening on his Meme coin announcements. Every time that he tweets about the Meme coin, there's a rush to buy. And of course, there are people around him that are making money off of that. But there are also likely people that are making money off of the short term fluctuations in the market caused by his insane, chaotic policy. And then the corruption happens other ways, too. I don't know if there's a deal with Europe. There's no text, there's no agreement. But it has been reported that there are all sorts of industries that are going to be exempt to the 15% tariff. It's just not true what he said, that it's like an across the board tariff. And the way that you get an exemption is to pay Donald Trump off. The way that you get an exemption is to buy a bunch of his meme coin or to promise him political help. And so even if the tariffs end up going into effect, they are just a mechanism for corruption because you can get out of the tariffs if you do Donald Trump a political favor or put money into his bank account.
- [08:12]
Adam Mockler
Yeah. Now, one of the real reasons Donald Trump was in Scotland was to open up a new golf course in Aberdeen. The official White House account was, you know, promoting this event. I mean, this is from the official account. President Trump participates in a grand opening ceremony of the Trump International Golf Links, Aberdeen. And then Donald Trump gave an award to himself. He gave an honorific there that basically said it's from his son to him. But it says, like, to the greatest man alive and to the greatest president, we hereby dedicate this golf course. And I'm just thinking to myself, you know, you're running away from the United States with all of the stuff that you're covering up with Epstein. You're right there promoting your own golf course. I'm just thinking, what? What. What the hell's going on? What's going on?
- [08:58]
Chris Murphy
Yeah, I mean, and the challenge is we cannot normalize this. Like, it's comical. And he kind of wants it to look comical in a way, because then you don't take it as a serious, fundamental corruption. You know, that trip costs about $10 million. That's a lot of money to just promote Donald Trump's business. But it's kind of peanuts compared to everything else that he is doing. I mean, the fact of the matter is there are companies out there that are publicly saying, hey, I'm going to invest in Donald Trump, like I'm going to buy his stablecoin because I know that that's the way that I am going to get favor from his administration. You saw Paramount the other day, pay him what, $13 million in essentially a transparent bribe in order to get their merger approved. So you just have kind of daily old fashioned corruption and bribery and you know, we can't sort of allow that to become normal. We can't shrug it off as Trump being Trump because then that's, that just becomes the way that America runs. I certainly refuse to believe that that's inevitable.
- [10:10]
Adam Mockler
Let's talk about this event that's happening this weekend on August 3rd. It's called the Won't Back down to Adam Mockler from the Midas Touch Network. Is the, we're covering it on the Midas Touch Network at this specific event. It's gonna be you, Congresswoman Crockett, Congresswoman Ansari. They're separately going to be another event on August 23rd with Senator Warren and Congressmember Frost. That one is gonna focus on Congressmember Bacon's seat in Omaha. And here I think we're focusing on two congressional seats that can be flipped. So inevitably, when I asked the question, well, what are you doing about it, Senator? How are we fighting this? I think this is one of the ways that we're doing this. Can you talk about this event, why it's so important?
- [10:53]
Chris Murphy
Yeah, you know, I've been out on the road all spring and summer traveling to Republican districts. Maxwell Frost, who's going to be in Omaha, has been my partner for a lot of it. We were in Dayton, Ohio and Republican Congressman Mike Turner's district on Saturday. And as you mentioned, we'll be out in Arizona where we have the chance to flip a few seats. Listen, this is a moment where we can't take for granted that people know what Republicans just did. They just passed the most unpopular major piece of legislation in decades, a bill that throws 17 million people off their health care in order to fund a massive tax cut for the wealthy. And so we gotta be in the full time business right now of getting out of our comfort zone of going into Republican areas, Republican parts of the country and explaining what just happened. Because what they just did is not popular with Democrats, is not popular with Republicans. And we also have an opportunity to create an on ramp for, for Donald Trump's supporters in 2024 who are realizing this whole thing is just a con job. You referenced the controversy over the Epstein files. It's just another example of how Donald Trump is using his Power to cover up the corruption and crimes of him and his friends and to steal from us in order to enrich his Mar A Lago buddies. And so the Epstein thing, because it has been such an acute conversation inside the Republican sort of conversation space, is a really specific opportunity for us to then go and build on that, explain all the other ways that Trump is protecting his rich friends, and invite them to start taking a look at the Democratic Party in this fall's elections and next fall's elections. So, yeah, this event in Phoenix is gonna be really important, and I'm hoping that more and more of my colleagues choose to spend their August, their weekends traveling the country, getting outside of their states and districts, because we need to bring the fight to every corner of this country.
- [12:46]
Adam Mockler
Well, look, Donald Trump sent the government quicker to meet with Ghislaine Maxwell, a convicted sex trafficker. Then he sends FEMA to go see natural disasters. I mean, you know, setting aside what's even in the Epstein file, sometimes the corruption in plain view, it's like you're having your DOJ meet with a convicted sex trafficker and grant her what's called in the law queen for a day status immunity after she's been convicted, and then you're out there dangling a pardon. And MAGA Mike Johnson is saying she may be credible. What do you mean she may be credible? She's a convicted sex trafficker. Like what it's so. But I think it's being reflected in the data. You know, I just saw the latest YouGov poll. From February to July, amongst 18 to 29 year olds, Donald Trump has fallen 27 points. His approvals only 28% in that demo. 30 to 44 year olds, he's dropped 11%. 45 to 64 year olds, he's dropped 6%. And you know, this is the strange one, is, is that people above 65, because he's coming after your health care, you know, that was only a negative 3 drop, but I think there's still more to go on that floor right there. So before we go, anything else you want, you want to say to our audience or, or reflect on those numbers as, as you head to Arizona?
- [14:04]
Chris Murphy
Yeah, listen, I think as you mentioned, this is an opportunity to continue to talk to folks who have historically voted for him or have sat out elections. But there's another piece to this. We got to explain what they did. The immorality of the massive tax cut for corporations paid for by our health care disappearing. But we also have to understand that people kind of think that Democrats are just as corrupt. And so we have got to be really loud about the promises we're making to people about how we're going to clean up government if we get in power. And we're going to have to start being really specific about it. I'm for banning anonymous and corporate and lobbyist money from politics. I don't think that any lobbyist should be able to raise money for candidates. I don't think we should be able to trade stocks. I don't think there should be a revolving door in which staff and members of Congress just go from being on the inside to going and make money as lobbyists or corporate representatives on the outside. So if we want to take advantage of this moment where a lot of Americans are waking up to the fact that Trump is just a big con job, it's just a big corruption racket, then we also have to be really loud, really defined in the ways that we show how we'll clean up government. And we'll make it our number one priority if we win power. And I'm sure we'll talk about that in Phoenix on Sunday afternoon.
- [15:20]
Adam Mockler
We'll be covering that event if everybody wants. It may already be completely booked, but if everybody wants to check it, go to won't backdown tour.com and you can try to book a spot.
- [15:33]
Chris Murphy
Again.
- [15:33]
Adam Mockler
It may all be booked already but, but, but try to do it. Won't back downtour.com Sunday, August 3rd featuring Senator Murphy, Congresswoman Crockett, Congresswoman Ansari hosted by Midas Touch his very own Adam Mockler. We appreciate your time and all you do, Senator.
- [15:49]
Chris Murphy
And bonus, it's my birthday on August 3rd so you know, you can spend your birthday with me, he and the 110 degree heat of Phoenix, Arizona.
- [15:57]
Adam Mockler
That's good. Senator Murphy turning 40 years old in Arizona. We'll see you.
- [16:01]
Chris Murphy
Have a good day. Take care.
- [16:03]
Adam Mockler
The truth is more important than ever. Check out our new Truth Over Lies collection at store Midas Touch.com All 100% USA Union made.