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Ben Meiselas
So with all of the bad news surrounding Donald Trump, from core inflation increasing to the horrible ADP job numbers yesterday, to the fact that his trade war against the world has been an utter failure, the fact that we've learned that the Iranian nuclear sites were not fully destroyed, and by the Trump regime's own admission from the Pentagon spokesperson, Iran is going to be able to have nuclear weapons if it wanted within about a year to two years. What is Donald Trump doing? Two things. He's cooking the books, AKA committing fraud, which is what he's done his whole life. Right? I mean, he's a criminal, he's a felon, he is a fraud, he is a sexual abuser. And what is the other thing that Donald Trump does? Calls Vladimir Putin. So we're seeing that take place this morning. Donald Trump announces will be speaking to President Putin of Russia at 10am thank you. Exclamation points. Now, usually when there's a conversation like this, there is a transparent readout of what actually takes place. You're not going to hear that from Donald Trump. You're just going to hear more propaganda and bs. One of the things we learned this morning as well is that the US Trade deficit widened in May on weak exports. So you know how the trade war against the world, they said that, oh, we're going to now have surpluses. The Trump regime doesn't understand deficits and surplus and tariffs. They don't understand the concepts. But what we're learning is that the US Trade deficit widened sharply in May as exports fell. But subsiding imports suggested trade could still lead an anticipated rebound in economic growth in the second quarter. We'll see that the trade gap increased 18.7% to 71.5 billion in May, the Commerce Department's Bureau of Economic Analysis said on Thursday. Now, let's get to the fraud part right here. And I'm not trying to be conspiratorial, so feel free to push back on me if you think in any way that what I'm saying verges on conspiracy. Tell me in the comments how you feel about this. But Donald Trump reports that the jobs reports shattered expectations with 147,000 new jobs added in June. And then Donald Trump says, look, my America first policies are working. And then all throughout Fox and all of the cable news networks, not just state regime media, Fox, but others which.
Michael Popok
Are quasi state regime media, they go, holy moly. The jobs report exceeded all of the expectations. 147,000 new jobs created and everything must be working. So I was a bit skeptical when I heard that number, and I'm not trying to be skeptical just because I don't like Trump. And so you hate Trump, so you gotta be negative. I said, well, wait a minute. Yesterday we reported from adp, which has all of the private payroll data, that we lost 33,000 jobs in the private sector yesterday. So how is it possible that 147,000 new jobs were added in June if ADP's payroll data suggest 33,000 jobs were lost when there was an expectation that 100,000 jobs were created? So is ADP, which just reports on the payroll data that it aggregates, are they lying? Are they trying to push an agenda? Or is the Trump regime trying to push an agenda? And how is the Trump regime finding these additional jobs if the private sector jobs from ADP says there were 33,000 jobs that were lost? You remember the report that I made yesterday on adp, so where were these other jobs found? Well, you take a headline like this from Bloomberg, US Job Growth Picks up with Health from Public Education hiring. So you dig through the data that the Trump regime is pushing out, and in my opinion, you could have a different opinion. I think they're cooking the books and here's why. They're suggesting that 100,000 plus jobs were created in the public sector, specifically teaching jobs. They're saying in June, 100,000 plus teaching jobs with schools being closed were added in June, and the other growth came from all of these other government jobs that were added. Now, I thought the purpose of DOGE was to cut these government jobs. Number one number, right? We've heard about all these mass firings. So we've added hundreds of thousands of government jobs in June. Does that fully make sense to you? And then with all of the attacks on the Department of Public Education, there's all of a sudden, out of nowhere, a massive hiring spree in public education in June, because that's where the additional numbers come from. So I think we have to use critical say, does that make sense to us at all? Or Donald Trump, who's committed fraud his whole life with numbers, who's made up fake valuations, is once again lying. This morning, our editor in chief, Ron Philip Koski, says it succinctly. As I've said a few times now, with Trump's war on career civil servants and replacing them with partisan hacks and their penchant for lying with with every single number, the time will come when smart people are going to have to question the data coming out of Trump's labor and commerce. We know that the labor secretary is just a Trump hack. We know the Commerce Secretary, Howard Lutnick, the guy who goes on and looks like he's trying to sell you a sham. Wow. That's where these numbers are coming from. And as I said, if you think I'm veering into conspiratorial land, feel free to push back. But 100,000? All these public education numbers when the Department of Education is gutting education in June. Sorry, I'm. Call me skeptical or call me whatever. I'm just, I'm just putting it out there, as Spencer Hakimian says. So who's lying, ADP or the US government? Can't be a 200,000 difference. Larry Boorstein goes. ADP has the data on payrolls. The government doesn't. ADP has no reason to lie. The government does.
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Ben Meiselas
Shifting gears as we approach the fourth, you have all of the magazine doing.
Michael Popok
Their usual fascist cosplay rituals. MAGA Republican Congresswoman Anna Paulina Luna post a photo of herself with militarized weapons.
Ben Meiselas
This is, you know, this is their.
Michael Popok
View of America right here. She's sitting on the throne and modeling. This is for those internationally. This is what the MAGA Republican aesthetic is today, that they think that this is what leadership looks like. By the way, I don't think Anna Paulina Luna is even like her real name. She kind of has a George Santos like backstory where she's changed her name and her identity before she goes. Gearing up for no King's Day tomorrow. A friendly reminder that the fourth of.
Ben Meiselas
July was brought to you by the.
Michael Popok
Right to bear arms and the refusal to pay taxes. And a fitting day for the BBB to be signed. Happy early 4th of July. Just some weird stuff. Just so you know, across the board.
Ben Meiselas
This is what the MAGA Republican politicians do.
Michael Popok
Here's Marjorie Taylor Green. To celebrate 250 years of the red, white and blue. I'm giving away one of my favorite iconic guns.
Ben Meiselas
And then it's her just shooting guns.
Michael Popok
Talking about those Trump appointees, the people who are out there pushing the data right now that the media like regurgitates all the Trump administration told us, let's just report those number, not question it. Like Paul and Gracia nominated to head the federal watchdog, the special counsel's office tasked with protecting whistleblowers. He's 30 years old. I think he recently just became a lawyer. He shared a 911 conspiracy video, claimed straight white men are the most intelligent demographic group and has ties to white nationalist anti Semite Nick Fuentes.
Ben Meiselas
Um, well, you know, here, here's the individual who will be leading the office.
Michael Popok
Of the Special Counsel in the United States of America right now. Take a look right here what the MAGA Republicans are saying this morning about why they're now supporting the bill that they said that they would never support before. Like Ralph Norman, he goes, I'm never supporting this. This bill's a disaster.
Ben Meiselas
Which it is.
Michael Popok
It's going to cause trillions of dollars to be added in, in our debt and this is the worst thing imaginable. So the CNBC reporter goes, okay, well what changed? I visited Donald Trump and he told me that it was going to be great. Yeah, you're in a freaking cult. You're in a cult. What? You saw him in the White House and he promised you was going to be better Instead of reading the freaking thing, you're in a cult. These are the biggest idiots I've ever seen. I don't know how else to describe the idiocy here.
Ben Meiselas
Here, play this clip.
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Sir.
Congressman
What I don't understand.
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What I don't understand is you had a view that was negative about this bill yesterday. Is there something different about the bill today?
Congressman
Yeah, it is. We met with President Trump and, you know, he did a masterful job of laying out how we could improve it, how he could use as his chief executive office, use things to make the bill better.
Michael Popok
So we learning this story. New York Times actually did a good.
Ben Meiselas
Report on this one about what went.
Michael Popok
Down to change the votes of all of these MAGA Republicans who were. No. And they said, we're absolutely never going to vote for this. You're going to throw our constituents on the street. You're going to make our constituents die. They're going to be kicked off their Medicaid. We can't support this disastrous budget bill. Well, come on. Come to the White House. See Donald Trump. A conga line of angsty Republican lawmakers filed through the West Wing on Wednesday, hemming and hawing about Trump's bill. They walked out with signed merchandise and photos in the Oval Office. He handed him MAGA merch and signed it. And then they sold out their constituents. And then they're posting photos of themselves holding guns today. That's the state of the United States of America. And here's how they talk about it. MAGA Republican Congress member Ryan Zink. This is his endorsement right here of the bill. Hey, he's not that good as well. We're just going to do. It's the best that we can do. The best that you could do? You're kicking 17 million Americans off of their health insurance. You're adding trillions of dollars in debt to our country to give billionaires who don't need it tax cuts. It's crazy. Here's what Ryan Zink had to say.
Ben Meiselas
Let's play the clip.
Ryan Zinke
It probably has too much salt, not enough pepp. There are some small gambling issues in it that can be corrected, but I don't think this is the vehicle to correct it. Overall, there's no poison pills in it. If you're a fiscal hawk on one side, you're probably not satisfied. If you're moderate on the other side, you're not satisfied. So overall, I think this is the best we can do at the moment.
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Michael Popok
And then they're all mourning. They push this like maga Republican Congresswoman Henson on the Medicaid benefits. You shouldn't be a 29 year old guy living in his mama's basement choosing not to work. All of these 29 year olds living in their mom's basement.
Ben Meiselas
Here, play this clip.
MAGA Republican Congresswoman
Talk about Medicaid because we are eliminating the waste, fraud and abuse in Medicaid. We want this program to be there for constituents like mine, like Emma and Parker. Disabled children who need access to these benefits. They shouldn't be going to a 29 year old guy who's living in his mom's basement choosing not to to work. These benefits will be reserved thanks to the work of President Trump and Republicans, we're continuing to stand up for hardworking families.
Michael Popok
Yeah, I think Medicaid was the biggest.
MAGA Republican Congresswoman
Cause of fear for Americans across the country.
Michael Popok
This. Do you understand how Medicaid works? Medicaid doesn't make it like, what do you think Medicaid makes it like rain on on people. The 29 year old just sitting there getting that Medicaid money, playing the video games. Medicaid pays the providers who do surgeries and give medications. It's reimbursement for services rendered and for medications in the medical field. It's not enriching the 29 year old. The 29 year old person's going to need health care one way or another. What do you think this is? You know who actually the bill makes it rain on and benefits. Not this imaginary 29 year old who's like, oh, I'm going to be so rich by getting a back surgery on my L5S1. I'm going to get a microdissection and I'm going to be rich, dude. Yeah, and I'm going to live in my mama's basement after that micro dissection. Well, dude, what the hell are you talking. It's not life. You know who is the person who now gets to buy an extra yacht because five yachts was not enough for them and maybe in their next yacht they'll build a freaking tennis court on it while most Americans can't feed their kids and they live paycheck to paycheck. It's absolutely disgusting. And by the way, if you don't want to believe me about the debt that this bill is going to add, why don't you take a look right here at what the very right wing conservative Cato Institute says. As written, the bill will add nearly 4 trillion to the debt under realistic assumptions about economic growth, Congressional extensions of tax giveaways or delays to spending reform. And the fiscal impact of mass deportations. The bill's costs could soar past $6 trillion. Put bluntly, the Senate's mega bill is a fiscal disaster. It violates the House's fiscal framework and speeds the nation towards crisis. Great job MAGA Republicans and Trump and all of the morons who voted for this group of MAGA idiots. But we here at the Midas Touch Network are going to stand up to it. We're going to call it out each and every day. Stand up with us. Share this video Let people know about.
Ben Meiselas
The Midas Touch Network. We'll keep fighting.
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The MeidasTouch Podcast: "Trump Gets Terrible News and Tries to Cook the Books?!" – Episode Summary
Release Date: July 3, 2025
In this compelling episode of The MeidasTouch Podcast, hosts Ben Meiselas and Michael Popok delve deep into the latest political turmoil surrounding former President Donald Trump. The episode, titled "Trump Gets Terrible News and Tries to Cook the Books?!", offers a critical analysis of Trump's recent actions amidst a backdrop of unfavorable economic indicators and political maneuvers. Here's a detailed breakdown of the key discussions, insights, and conclusions from the episode.
The episode kicks off with Ben Meiselas addressing a slew of bad news hitting Donald Trump. From skyrocketing core inflation rates and disappointing ADP job numbers to the unsuccessful trade war and alarming revelations about Iranian nuclear capabilities, Trump's administration finds itself under intense scrutiny.
Key Points:
Notable Quote:
"Donald Trump reports that the jobs reports shattered expectations with 147,000 new jobs added in June. And then Donald Trump says, 'Look, my America first policies are working.'"
— Ben Meiselas (00:00)
Ben criticizes Trump's tendency to "cook the books," accusing him of committing fraud and perpetuating lies to mask the administration's failures. He also highlights Trump's strategic communications, such as announcing calls with Vladimir Putin without transparent disclosures, which Meiselas views as propaganda.
Michael Popok takes the lead in dissecting the conflicting job data released by Trump's administration and private sector reports from ADP.
Key Points:
Notable Quotes:
"How is it possible that 147,000 new jobs were added in June if ADP's payroll data suggest 33,000 jobs were lost?"
— Michael Popok (02:32)
"The time will come when smart people are going to have to question the data coming out of Trump's labor and commerce."
— Ron Philip Koski, Editor in Chief (06:38)
Popok emphasizes the need for critical examination of the labor and commerce data released by Trump-appointed officials, labeling them as partisan and untrustworthy.
Ben and Michael shift their focus to the behavior of MAGA Republican Congress members as the Fourth of July approaches. They critique the ostentatious displays of militarism and the lawmakers' support for a controversial budget bill.
Key Points:
Notable Quotes:
"You're in a freaking cult."
— Michael Popok (10:42)
"If you don't want to believe me about the debt that this bill is going to add, why don't you take a look right here at what the very right wing conservative Cato Institute says."
— Michael Popok (14:18)
The hosts express frustration over the apparent disregard MAGA Republicans have for their constituents' well-being, highlighting the disconnect between political rhetoric and policy impact. They argue that the budget bill will exacerbate national debt and harm vulnerable populations, concluding with a call to action for listeners to stand against such policies.
While the transcript contains several advertisements promoting products like Mud Water and the MeidasTouch Network's own merchandise, these segments are intentionally omitted from this summary as per the guidelines.
In wrapping up the episode, Ben reiterates the MeidasTouch Network's commitment to fighting against misinformation and harmful policies. The hosts encourage their audience, the "MeidasMighty," to remain vigilant, share truthful information, and support efforts to uphold democratic values.
Final Remarks:
"The Midas Touch Network. We'll keep fighting."
— Ben Meiselas (16:33)
The MeidasTouch Podcast continues to blend informative analysis with engaging brotherly banter, providing listeners with a thorough examination of current political events and their broader implications.