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Political Commentator
Trade Court invalidating Donald Trump's tariffs against the world has been met with rejoicing on Wall street just showing what a loser Donald Trump is. The futures were soaring following Donald Trump losing in court. Just think about that when everybody just recognizes what a loser that you are. But then the other thing, recognizing what a lose that he is. The treasury yields, the 10, 20, the 10, 20 and 30 year yields, they were still rising. Recognizing that Donald Trump is going to do some crazy stuff causing instability to the markets. And that's exactly what Donald Trump did following this order from the court as Donald Trump freaked out. So after this Federal trade court invalidated Donald Trump's tariffs, what does he do? He posts the following. Breaking. Breaking what could be breaking, Donald? In a major win in our powerful lawsuit against the Pulitzer Prize board regarding the illegal and defamatory award of their once highly respected prize to fake malicious stories on the Russia, Russia, Russia hoax by the failing New York Times and Washington Compost blah. Wow, wow. This is literally a madman maniac right now. Also, despite the fact that these tariffs being invalidated is a very, very good thing, the Trump regime filed an immediate appeal. You have Stephen Miller, Donald Trump's goble, I mean, Donald Trump's top advisor says this guy's not a lawyer. The judicial coup is out of control. He says breaking federal trade, US Block, the tariffs is out of control. Our editor in chief, Ron Philip Koski goes it's now Marxist to understand that the Constitution only authorizes Congress to impose tariffs. And as our editor in chief, Ron Philip Koski says, this a very simple solution for this right now, right? The maga. Republicans, Republicans, they control the executive branch and they control both Branches of Congress, the House and the Senate. So all the Republicans have to do now is pretty simple, pass all the Trump tariffs in Congress. They haven't said much in opposition to them, so passing them should be no problem. Get it to the floor and see where everybody stands on it. Think about it as a MAGA loyalty test. But you see, the MAGA Republican members of Congress and the Senate and the House, they ain't gonna do that. Why? Because like Donald Trump, they a taco. They a taco. They always chicken out. I think that's one of the aspects of this whole MAGA movement that I kind of despise the most, is that at their core, these are weak and pathetic individuals. They are cowards. I'd almost have a little more respect for them if they just went. I'm not sure if I would, but if they went all in and they didn't always cave, if they weren't just trying to overcompensate for what just pathetic, vile people they are with the fake bravado. But taco, taco, taco, taco. Trump always chickens out. And hat tip to the CNBC reporter who asked Donald Trump the perfect question. Oh, Donald Trump says it's the perfect. The perfect phone call. No, this was the perfect question where the CNBC reporter asked Donald Trump, what's your response to the fact that Wall Street's calling you taco? That Trump always chickens out? He's like, what, what, what, what, what? What'd you call me? I like Ben. Benji Sarlin's analysis of what the Federal Trade Court did and said, so Trump learned about the taco trade. He learned that people call them taco. And boom. The federal court system intervenes within hours to contain the damage. Our editor in chief, Ron Philip Kowski goes, trump is not just a taco on tariffs, he's a taco supreme when it comes to Putin. That's for sure, taco supreme. But here was the question. I'm only gonna. This is the. I played this yesterday. I'm only gonna play this small bit where Donald Trump was asked by the CNBC reporter, what do you make of people calling you a chicken, Donald? Here, play this clip. Mr. President, Wall street analysts have coined a new term called the taco trade. They're saying, Trump always chickens out on your tariff threats and that's why markets are higher this week. What's your response to that?
Donald Trump
I kick out. Chicken out. Oh, isn't that chicken out? I've never heard that. You mean because I reduced China from 145%? That I set down to 100 and then down to another number and I said, you have to open up your whole country. And because I, I gave the European Union a 50% tax tariff. And they called up and they said, please, let's meet right now. Please, let's meet right now. And I said, okay, I'll give you till June. I actually asked them, I said, what's to date? Because they weren't willing to meet. And after I did what I did, they said, we'll meet anytime you want. And we have an end date of July 9th. We. You call that chickening out?
True Classic Representative
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Political Commentator
That's true.
True Classic Representative
Trueclassic.com Midas Mei Das Trust me, you'll be hooked.
Political Commentator
We're getting the statement right now from Attorney General Letitia James in response to this order. She was one of the parties to this lawsuit. New York Attorney General Letitia James today released the following statement after the United States Courts of International Trade ruled that the Trump regime's tariffs issued under the International Emergency Economic Powers act, the iepa, are invalid and cannot be implemented. The court ruled in favor of Attorney General James and The coalition of 11 other attorney generals who sued the Trump administration in April for violating the law by imposing worldwide tariffs under the ieepa quote, the law is clear. No president has the power to single handedly raise taxes whenever they like. These tariffs are a massive tax hike on the working families and American businesses that would have led to more inflation, economic damage to businesses of all sizes and job losses across the country if allowed to continue. This decision is a major victory for our efforts to uphold the law and protect New Yorkers and the rest of the country from illegal policies that threaten American jobs and the economy. Just can we look at Carl Quintanilla's post here? US Stocks versus the rest of the world so far this year. It's from Yardini Research for our audio listeners. Let's just say the US Stock market is almost in dead last. You have the stock markets of Spain, Germany, Mexico, emerging markets of Latin America, Brazil, Sweden, Europe, Switzerland, France, United Kingdom, Korea, China, all countries in the world of the next or Hong Kong, Canada, a bunch of other emerging markets. And then on the bottom you have the United States stock market. You know, under former President Biden, we were first. So if you think about like a sports competition, usually want to come in first, not last, right? But for Donald Trump, being in last is winning and losing is being in first. That's utterly pathetic because Trump hires losers. You got Dan Bongino, loser. Here's what Dan Bongino, his big post was last night, right? So last night, remember we get the order from the Federal Trade, the International Trade Court and here's what Dan Bongino was talking about. As we read and process reports of a new Covid strain emerging, I want you to know that we are actively investigating in multiple field offices the COVID up of the origin of the COVID virus along with associated matters requiring our attention. You deserve the answers. FBI, Dan Bongino is on the case. I don't know, Bongino, shouldn't you be focused on other things like maybe it's a big deal that the FBI DOJ task force regarding blocking Russian billionaires from hiding their cash. Remember when that was disbanded, that task force? I don't know, maybe there's some issues there. The dismantling of the task force, klepto capture, anti corruption initiative set up in 2022 to seize the assets of Russian oligarchs. Now we have all this dirty money, or as I like to call it, Trump money. Dirty money. Trump money. Dirty money, Trump money coming into the U.S. maybe that should be your focus. Or maybe what we should focus on is how we can help Americans save lives. If there's this new, because of this new strain of COVID versus you doing whatever the hell you're doing, Bongino and The FDA announcing that they're going to propose a rule to basically block healthy individuals under 65 from getting Covid boosters. I call me, call me old fashioned, I guess, but that's where I think our priorities should be. On. But you tell me what you think right there. Oh, talking about Trump being a loser. This from the Washington Post. So Trump's Air Force One deal with Guitar is not final, despite US Claims that it is. The delay reflects lingering concerns about legal liabilities stemming from a White House maneuver to transform what was originally a sale between two countries into a gift. Trump initially said it was cutter that reach out to him and blah, blah, blah, blah, blah. But one of the other things that, that we learned as well is that this was a airplane that Qatar wanted to unload because it was costing them all this money in maintenance. They didn't even want this jet. They tried to get other countries to take this. But idiot Donald Trump, the biggest idiot around, he's the one who's like, me, me want jet. Qatari jet. Me want Qatari jet. Even though everybody else was like, yeah, now we don't want this. This jets probably dangerous. It has security. Other countries dangerous security concerns. Even other countries that are like, known for taking bribes, they're like, nah, we don't want that. But Trump was like, me want, me want. That's why this guy is a moron. And by the way, when these tariffs were blocked by the International Trade Court, Donald Trump, rather than appeal, it just be like, okay, fine, I tried, but no, I'm telling you, he's intent on destroying America. I've said it before. I don't want to mince words. He wants. He hates America. He hates the success of others. He just wants to enrich himself. He views this, in my opinion, as four years. Destroy the country, enrich himself. So orders that help the country. And we see in the objective data, he then tries to screw up. Taco. Taco. Although the one thing I don't like about the Taco thing is my dog's name is Taco. My other dog's name is Chiquito. I have Taquito and Chiquito. So when we call him Taco, just like, even though we're mocking him, I don't want to mock my little cute Maltese. Trump always chickens out. The world is laughing at that vile trash. Hit. Subscribe. Let's get to 5 million subscribers. Love this video. Continue the conversation by following us on Instagram. It's touch and help US blow past 1 million followers. Sam.
The MeidasTouch Podcast Summary: "Trump Goes Absolutely Nuts After Biggest Loss Yet"
Release Date: May 29, 2025
In this episode of The MeidasTouch Podcast, hosts Ben, Brett, and Jordy Meiselas delve deep into the tumultuous aftermath of former President Donald Trump's latest significant defeat—the invalidation of his imposed tariffs by the United States Court of International Trade. The discussion is rich with political analysis, sharp commentary, and the brothers' signature banter, providing listeners with a comprehensive understanding of the implications of Trump's actions and the broader impact on American democracy and the economy.
Timestamp [01:00]
The episode opens with a critical analysis of the Federal Trade Court's decision to invalidate Trump's tariffs, which were imposed under the International Emergency Economic Powers Act (IEEPA). The hosts express jubilation over the ruling, highlighting its significance for the U.S. economy and legal integrity.
Ben Meiselas comments, “The court ruled that no president has the authority to single-handedly raise taxes whenever they please,” emphasizing the legal boundaries that were reaffirmed by this decision.
Key Points:
Attorney General Letitia James’ Statement: The podcast references the official statement released by Attorney General James, underscoring the court's decision as a pivotal step in protecting American jobs and the economy from illegal policies.
Timestamp [02:30]
The hosts transition to discussing the immediate market reactions following the court's decision. They note that Wall Street celebrated Trump's loss, as evidenced by soaring futures which reflected investor confidence in the court's ruling.
Brett Meiselas states, “The futures were soaring following Donald Trump losing in court, just showing what a loser Donald Trump is,” highlighting the negative impact Trump's actions have had on market stability.
Carl Quintanilla's Analysis: The podcast references Carl Quintanilla’s post from Yardini Research, illustrating that the U.S. stock market lagged significantly behind international markets for the year. This underperformance is linked to Trump's policies, suggesting that his administration's economic strategies were detrimental to the U.S. market's global standing.
Timestamp [03:15]
In reaction to the court's decision, Trump’s frenzied response is scrutinized. The hosts describe his actions as erratic and out of touch, particularly his attempt to spin the loss as another victory.
Jordy Meiselas mocks, “This is literally a madman maniac right now,” referring to Trump's chaotic behavior post-verdict.
Key Actions Discussed:
Notable Quote: Ben Meiselas remarks at [04:20], “Trump always chickens out. The world is laughing at that vile trash,” encapsulating the brothers' disdain for Trump's perceived cowardice and incompetence.
Timestamp [04:50]
The discussion shifts to the broader implications for the Republican Party and the MAGA movement. The hosts criticize Republican leaders for their inability to effectively support Trump's policies, labeling them as weak and indecisive.
Brett Meiselas asserts, “One of the aspects of this whole MAGA movement that I kind of despise the most is that at their core, these are weak and pathetic individuals. They are cowards.”
Key Points:
Timestamp [05:57]
A segment of the episode critiques Dan Bongino's recent statements regarding the FBI's focus on COVID-19 and the origins of the virus. The hosts argue that Bongino is misplacing priorities by not addressing more pressing issues like the infiltration of Trump's "dirty money" into U.S. systems.
Jordy Meiselas mocks Bongino, saying, “He should be focused on things like maybe it's a big deal that the FBI DOJ task force regarding blocking Russian billionaires from hiding their cash.”
Key Points:
Timestamp [06:43]
The podcast covers Trump's attempted deal with Qatar involving Air Force One, highlighting the complexities and legal liabilities that have stalled the transaction.
Ben Meiselas criticizes, “Trump initially said it was cutter that reach out to him and blah, blah, blah,” expressing frustration over what he perceives as Trump's incompetence and inability to secure beneficial deals.
Key Points:
Timestamp [07:30]
Towards the end of the episode, Jordy Meiselas shares a personal anecdote about his dogs named Taco and Chiquito, adding a touch of humor to the otherwise intense discussion.
Jordy Meiselas remarks, “I have Taquito and Chiquito. So when we call him Taco, even though we're mocking him, I don't want to mock my little cute Maltese.”
Key Points:
Timestamp [07:51]
The episode wraps up with a call to action for listeners to subscribe and engage with the podcast on social media, encouraging them to join the MeidasMighty community.
Ben Meiselas concludes, “Hit. Subscribe. Let's get to 5 million subscribers. Love this video.”
Ben Meiselas [01:00]: “The court ruled that no president has the authority to single-handedly raise taxes whenever they please.”
Brett Meiselas [02:30]: “The futures were soaring following Donald Trump losing in court, just showing what a loser Donald Trump is.”
Jordy Meiselas [04:20]: “Trump always chickens out. The world is laughing at that vile trash.”
Brett Meiselas [05:57]: “He should be focused on things like maybe it's a big deal that the FBI DOJ task force regarding blocking Russian billionaires from hiding their cash.”
Jordy Meiselas [07:30]: “So when we call him Taco, even though we're mocking him, I don't want to mock my little cute Maltese.”
In this episode, The MeidasTouch Podcast offers a scathing critique of Donald Trump's latest political and legal setbacks. The hosts meticulously dissect the ramifications of the Federal Trade Court's ruling, explore the instability caused by Trump's erratic behavior, and question the efficacy of the current Republican leadership. Through a blend of sharp analysis and personal anecdotes, the Meiselas brothers provide listeners with a nuanced perspective on the ongoing political turbulence, reinforcing their commitment to upholding democracy and accountability in American politics.