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Ron Filipkowski
Donald Trump is crashing out in the White House right now over the massive escalation in his catastrophic and unlawful war in Iran. As we previously reported, the Trump regime threatened Iran that the US Navy was heading into the Strait of Hormuz to escort ships. Iran responded by striking the United Arab Emirates port of Fujairah, also striking a UAE ship and a South Korean ship. Then Donald Trump responded and said, ad, that just involves other countries. Not a big deal. We're now learning about a massive amount of jets over central Iraq right now. Thirteen U.S. air Force tankers are also airborne across Jordan, Saudi Arabia and the Gulf. Could Qatar, the UAE and Oman have issued full and partial airspace closures following the regional escalation? And we're learning that the US And Israel are considering targeted strikes on Iranian missile launchers and a parallel attack on an Iranian energy facility in direct response to what happened earlier today. And at the same time, we're learning from US Intelligence that even with all of the recent fighting from Trump's catastrophic and unlawful war in Iran that's taken place to date, officials still estimate that Iran would need about nine to 12 months to build a nuclear weapon if it chose to do so. That this catastrophic war has not slowed down Iran's ability to build a nuclear weapon at all. So Donald Trump just held a press conference moments ago, and then Donald Trump said that if we had the wrong president, we would be in World War Three. We're in a mini war. This is just a mini war, everybody. A mini war. Well, didn't you also say that we were not in any war to Congress, so that you didn't have to comply or you broke the law? I should say, with respect to the War Powers Authorization, here's how Donald Trump describes it. It's utterly deranged. Play this clip.
Donald Trump
Country like, we have a war right now. And went to like, what, six weeks? They said, what's taking so long? We were in Vietnam 19 years. We're in Iraq for many years, 10 years, 12 years. We're in all these different wars. Korea, seven years. I won't even mention World War II. That's a big baby. But you had the wrong person up here. You'll be in World War Three. As sure as you're sitting there, you have the wrong person up there. It's nasty and tricky. It's tricky out there. We have to have. We have to have the right people and they have to be sharp and they have to be smart. Because one thing about your business is small businesses are great. But if you don't have the platform, meaning the country, meaning the right principles, the right everything, our country is booming now, despite the fact that we're in a. I call it a mini war because that's all they are. They don't have a navy anymore. Think of it. They had 159 ships. How many do they have left? Kelly, out of 159. Take a guess. She's very smart. Zero.
Ron Filipkowski
Now, speaking of utterly deranged, during this press conference, Donald Trump then kept on talking about passing cognitive exams. This is what he was doing in the White House. With all of the escalatory situations that I'm talking about happening in the Strait of Hormuz as the Middle east is quite literally blowing up. This is what Donald Trump is saying. He's quite literally a psychopath. Here, play this clip.
Donald Trump
I said, so what do you think, Ronnie? They call me, they call me a genius who's going to destroy the country. Then they said he's a genius who's taken over the entire world. Then they said he's a total moron. This guy is so stupid. And then, so whenever I hear that one, I say, let's take the cognitive test. But I really think it would be a great thing.
Ron Filipkowski
Then Donald Trump, after talking about cognitive tests, says, folks, we're just on a little detour, everybody. A little detour. Play this clip that happened.
Donald Trump
So we did a little detour and it's working out very nicely. They have no navy, they have no air force, they have no anti aircraft equipment, they have no radar, they have no nothing. They have no leaders. Actually, the leaders. The leaders happen to be gone.
Ron Filipkowski
And then if you thought he was done talking about cognitive exams, you'd be wrong. Okay? He continues to talk about cognitive exams and squirrels and how he's able to identify squirrels. Let's play this clip.
Donald Trump
Administration.
Ron Filipkowski
Yeah.
Donald Trump
You know, one of the things I said is that we should have, in my opinion, anybody running for president or vice president should take a cognitive test. And no president has ever taken one except me. I've taken three of them and I've aced each one. One in the first administration, two over here. And whenever they get a little sassy, like, does he still have it? Does he still have what it takes? I say, all right, I'll take another one. And they are hard. There are many people in this room I know that are smart. They're not going to ace them. There are many people standing back there, the fake news media. I'd like to have them. You know, the first question is very easy. And they always show. The first question is, you have a lion, a bear, an alligator and a. What's another good? A squirrel. Okay. Which is the squirrel. So they show that question. And then the first four or five questions are. They get a little more difficult by the time you get to the middle. They're tough by the time you get to the end. I don't want to be insulting, but there won't be. I'm not going to do what Gavin Newsom said. We saw him. He said everybody in here is stupid and he's stupid. When he. I think it was the worst political interview I've ever seen. He said he's stupid, he's dumb, he gets bad marks on everything. He can't read his speech. And nobody wants to report that it was the worst. But I won't say that because I think everyone in this room is brilliant. But nobody's going to get all 30 questions correct. Nobody. Because when you get to those last questions, they're pretty hard. You got to be pretty sharp. But every time. So I've taken.
Ron Filipkowski
Then Donald Trump says that everybody was wrong who said that oil was going to be expensive. He's like, oil isn't the way he describes it. Energy isn't $300. And he goes, because, you know, look, there's a lot of energy out there. Energy's not $300. But I guess we can't do a lot energy on the ships because it's been kidnapped by a pretty evil place. Dude, what are you talking about? Play this clip.
Donald Trump
Except we were. Everybody was wrong. They thought that energy would be at $300, right? $300 a barrel. And it's like at 100. And I think going down. And I see it going down very substantially when this is over, Chris. And I think. I think very rapidly, too, at levels that you've never seen, because there's a lot of energy out there of ships all over the world that are loaded up with it. They can't do much with it because they got kidnapped by a pretty evil place. But we're taking care of it. We have administrator Kelly Loeffler, who's incredible.
Ron Filipkowski
Now, it should be noted that the spot price of oil is around $300 per barrel. The futures of oil is at that 120, $130 per barrel range. And it fluctuates from a hundred to 120. Sometimes it dips below when Trump manipulates the markets. But the spot price, $200 a barrel, 252, 75. That's the price today. That's why your gas prices keep on going up and they're only gonna get higher, folks, then Donald Trump says all of the negative numbers in polling about the catastrophic war in Iran are false. Let's play it.
Donald Trump
When you get only bad press. It's fake press. They give me fake polls. They tell me about Pol. You know, it's interesting. I did a poll on the war with Iran and They said only 32% of the people like it. Well, I don't like it and I don't like war at all. But we're equipped better than we have the greatest military in the world. You saw what happened with Venezuela. You see what happens with everything. But they said 32% of the people are against President Trump. Well, when you explain it like, is it okay for Iran to have a nuclear weapon? It wouldn't be 32%. But even if you said that there'd be a 32%. Because the polls are fake. I mean, they're totally fake. And when you take a look at what's really going on. The other day I made a speech in a great Florida senior citizens community and I made another one at the Kravis Center. Two in one day. It was wonderful. I go out and make.
Ron Filipkowski
Then Donald Trump says the reason that he had to purchase Chinese furniture and Chinese products for Trump Hotels is that he was forced to do it, he says, because of pricing that forced him to do it. Okay, Donald, play this clip.
Donald Trump
Take your thing, but with the furniture, we're going to bring all the furniture back to North Carolina and you're going to see it'll be as robust as it was 25, 30 years ago. The greatest furniture people in the world, and they got stolen. They really didn't take them. They found people in China that could do it. And all those people got put out of jobs. And their kids have that same ability. And you watch what happens, how good it is in North Carolina because I've been. I've had to go through a process to get that approved, but now it's approved and you're going to be again the furniture capital of the world. Because nobody can do that quality. And I know the quality. I buy a lot of things from China. And because I was forced to, you know, when I was in the hotel business, I was forced to buy from China because of pricing. Because of pricing and because of. For other reasons. What I wasn't getting was the kind of quality that we were getting here. And now you'll have a combination of both. So you can let that be known. I don't know if that's breaking news or not for these people.
Ron Filipkowski
But then Donald Trump says, with one swipe of the pen, I can do no employment. Okay, here, play this clip.
Donald Trump
So we had to cut the jobs because we were way bloated with federal jobs. And, you know, I could make. I could. With one swipe of the pen, I could say, let's have no employment and I'll hire a million people or 2 million people. I say we just hired a million people and we have absolutely no employment. And that's what they would do. They'd have bad numbers coming up. So they'd hire a couple of hundred thousand people and the numbers would look okay with me. It's the exact opposite. We terminate a lot of federal jobs that are unnecessary.
Ron Filipkowski
Then Donald Trump says, nobody can believe that I brought in $18 trillion. Yeah, nobody can believe it because you're lying. Here, play this clip, nobody can believe
Donald Trump
it, and nobody can believe the $18 trillion number that we gave you, because it's a record for any country, not just here, for any country. A lot of that had to do with November 5th, but a lot of it had to do with tariffs.
Ron Filipkowski
We then Donald Trump says, when the King and Queen arrived, they looked at everything here and they said, wow, what an incredible Oval Office you have there, Donald. What a. What a. That's something. Yeah, that is something. Here, play this clip quite like it.
Donald Trump
People come from all over the world. King and Queen were just here and they looked and they said, this place is just amazing. When they came into the Oval Office, they said, this is something. And they've seen some very nice places. They've seen some great rooms, but it is a very special place. As we.
Ron Filipkowski
Meanwhile, you have Iran's Foreign Ministry spokesperson when asked, so the US Is a superpower. How can Iran fight with the US if the US Is a superpower? To which Iran's foreign minister spokesperson goes, iran is now a superpower. Here, play this clip.
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Ron Filipkowski
In addition, we have Iran saying the following. The element of surprise is no longer a secret. It's become a reality knocking at our doors. Expect an earthquake that will wipe out years of arrogance in a matter of hours. One of the IRGC top officials said tonight, perhaps a new chapter of power will unfold, one the adversaries have never witnessed before. When we look at the map of the Strait of Hormuz right now, we see no one is even attempting to test this passage. Right now. Trump's Project Freedom, as he's calling it, which just appears to be another Gulf of Punkin event, is just. Is already falling apart, and it's only caused this escalation by creating this escalatory ambiguity. And now we have Treasury Secretary Scott Bessen claiming that the U.S. controls the Strait of Hormuz, not Iran. We heard what Bessen said. Let's play it.
Treasury Secretary Scott Bessen
So we are saying the Iranians do not have control of the strait. We have absolute control, control of the strait. We have blockaded the ships going into or out of Iranian ports. Their economy is in free fall. And everyone says they have a high tolerance for pain. Well, their soldiers will not have a high tolerance for not getting paid.
Ron Filipkowski
All right, folks, we'll keep you posted every step of the way. As always hit subscribe let's get to 7 million subscribers. Thanks for watching everybody. Want to stay plugged in? Become a subscriber to our substack@midasplus.com you'll get daily recaps from Ron Filipkowski, ad free episodes of our podcast, and more exclusive content Only available@midasplus.com.
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Episode: Trump Crashes Out in White House over Sudden War Escalation
Date: May 5, 2026
Hosts: Ben, Brett, and Jordy Meiselas (with key commentary from guest Ron Filipkowski)
This episode centers on the dramatic, rapidly escalating conflict between the U.S. and Iran under President Donald Trump’s administration. The Meiselas brothers, through sharp analysis and trademark banter, dissect Trump’s erratic press conference and the dangerous consequences of his actions in the Middle East. The conversation covers Trump’s rhetoric, recent military movements, his self-obsession with cognitive tests, misinformation about oil prices, and his handling of polling and economic claims. The episode weaves humor with deep concern about the trajectory of American democracy and foreign policy.
Notable Quote:
“Officials still estimate that Iran would need about nine to 12 months to build a nuclear weapon if it chose to do so. That this catastrophic war has not slowed down Iran's ability to build a nuclear weapon at all.”
— Ron Filipkowski (03:21)
Memorable moment:
“We’re in a mini war. This is just a mini war, everybody.”
— Donald Trump (03:55)
Notable Quote:
“I've taken three [cognitive tests] and I've aced each one... There are many people in this room I know that are smart. They're not going to ace them.”
— Donald Trump (06:21)
Notable Quote:
“Everybody was wrong. They thought that energy would be at $300, right? $300 a barrel. And it's like at 100. ... a lot of energy out there—ships all over the world that are loaded up with it. They can't do much with it because they got kidnapped by a pretty evil place.”
— Donald Trump (08:16)
Memorable moments:
“With one swipe of the pen, I could say, let's have no employment and I'll hire... 2 million people....”
— Donald Trump (11:54)“Nobody can believe the $18 trillion number that we gave you, because it's a record for any country, not just here, for any country.”
— Donald Trump (12:30)
Notable Quotes:
“We are also a superpower.”
— Iran’s Foreign Ministry Spokesperson (13:48)“We have absolute control [of the Strait of Hormuz] ... Their economy is in free fall. And everyone says they have a high tolerance for pain. Well, their soldiers will not have a high tolerance for not getting paid.”
— Treasury Secretary Scott Bessen (14:41)
The episode is marked by biting sarcasm and sharp critique, consistent with the MeidasTouch podcast’s signature blend of political commentary and fraternal humor. Ron Filipkowski’s dry, direct style highlights the danger and absurdity of Trump’s rhetoric, while the brothers keep the conversation engaging for listeners deeply concerned about American democracy and world affairs.
This summary captures the episode's essence for those who missed it, spotlighting both the gravity of the geopolitical crisis and the distinctive, critical approach of the Meiselas brothers.