Trump Has Deranged Meltdown as Plan Blows Up - The MeidasTouch Podcast

Summary

The MeidasTouch Podcast Summary Episode: Trump Has Deranged Meltdown as Plan Blows Up
Release Date: May 14, 2025

Overview

In this episode of The MeidasTouch Podcast, hosts Ben, Brett, and Jordy Meiselas delve deep into the tumultuous actions and rhetoric of former President Donald Trump. The discussion is fervent, combining sharp political analysis with the brothers' signature banter. The podcast aims to shed light on Trump's recent maneuvers, their implications for American democracy, and the broader impact on both domestic and international fronts.

Trump’s Recent Actions and Statements

Ben Meiselas kicks off the conversation by addressing Trump's ongoing antics, particularly focusing on his latest statements and actions that have stirred controversy.

Ben Meiselas [01:01]: "Donald Trump is still ranting and raving like a lunatic about that $400 million bribe that he wants from Qatar in the form of a gold-plated 747 jet."

He criticizes Trump's attempt to acquire a Boeing 747 as a temporary Air Force One, highlighting the perceived absurdity and potential misuse of military resources.

Ben Meiselas [01:01]: "This big saving will be spent instead to make America great again. Only a fool would not accept this gift on behalf of our country."

Defense Budget and Social Programs

The discussion transitions to Trump's influence on the defense budget and social programs. Ben outlines how Trump's policies have led to significant budgetary shifts, often at the expense of essential services.

Ben Meiselas [01:01]: "You're raising our defense budget to 1 trillion dollars, the most ever. And by the way, you're cutting $290 billion from SNAP... and $800 billion from Medicaid."

He vehemently opposes these cuts, arguing that they target the most vulnerable populations in the United States.

Trade Policies and International Relations

A substantial portion of the episode is dedicated to analyzing Trump's trade policies, especially his confrontational stance towards China and its ramifications.

Ben Meiselas [04:15]: "Trump engaged in a trade war against the world, recklessly and maliciously created a trade embargo with China, destroying businesses here in the United States."

He elaborates on the detrimental effects of the imposed tariffs, which led to increased costs for American consumers and disrupted supply chains.

Impact on US Economy and Global Perception

Ben discusses the broader economic indicators that reflect the current state of the U.S. economy, attributing many challenges to Trump's policies.

Ben Meiselas [05:50]: "UBS Group has announced their richest clients are increasingly shifting away from the United States dollar assets and turning instead to gold, crypto, and investments in China... because they don't see the United States brand as intact."

He links the high 10-year treasury rates to the instability fostered by inconsistent trade policies and political turmoil.

Critique of Corporate News

The hosts express frustration with mainstream media's focus, arguing that it diverts attention from more pressing issues related to Trump's actions.

Ben Meiselas [13:20]: "Corporate news is focusing on former President Biden, but Donald Trump is engaging in a hostile takeover of our federal government... Americans are suffering and our democracy is online."

They contend that media outlets are neglecting significant threats posed by Trump's endeavors, instead fixating on less consequential topics.

International Reactions and Trump's Diplomacy

Ben highlights recent diplomatic encounters, particularly Trump's trip to Saudi Arabia, drawing attention to perceived imbalances and favoritism.

Ben Meiselas [12:47]: "Donald Trump was describing Saudi Arabia as the hottest country in the world... 'We are rocking. The United States is the hottest country with the exception of your country.'"

He criticizes the close ties between Trump and Saudi leaders, suggesting that it undermines America's standing with its traditional allies.

Economic Hardships and Social Services

The conversation shifts to the current economic hardships faced by Americans, exacerbated by policy decisions influenced by Trump.

Ben Meiselas [06:45]: "Americans are living paycheck to paycheck, which is a form of psychological torture... Cutting mental health services, SNAP, and Medicaid is devastating families across the nation."

He underscores the urgent need for robust social services and stable economic policies to alleviate widespread suffering.

Conclusion

Ben wraps up the episode by reiterating the gravity of Trump's impact on the nation's economy, governance, and global reputation. He calls for increased awareness and action to counteract the detrimental policies and protect democratic institutions.

Ben Meiselas [16:09]: "The truth is more important than ever. Check out our new Truth over Lies collection@store.midas touch.com all 100% USA union made."

He encourages listeners to stay informed and support the podcast’s mission to uphold democracy and truth.

Key Takeaways:

Economic Policies: Trump's trade wars and defense budget increases have strained the U.S. economy, leading to higher consumer costs and decreased investor confidence.
Social Programs: Significant cuts to SNAP and Medicaid threaten the well-being of millions of Americans relying on these essential services.
International Relations: Trump's favoritism towards certain nations like Saudi Arabia has damaged relationships with long-standing allies and altered global perceptions of the U.S.
Media Critique: Mainstream media’s focus on former President Biden is seen as a distraction from more critical issues related to Trump's ongoing influence and actions.
Call to Action: The podcast emphasizes the importance of staying informed, supporting truthful media, and taking action to maintain democratic integrity.

Notable Quotes:

"You're raising our defense budget to 1 trillion dollars, the most ever." — Ben Meiselas [01:01]
"Donald Trump is engaging in a hostile takeover of our federal government." — Ben Meiselas [13:20]
"Americans are living paycheck to paycheck, which is a form of psychological torture." — Ben Meiselas [06:45]

This episode provides a critical examination of Donald Trump's recent activities and their far-reaching consequences. The Meiselas brothers offer a passionate perspective, urging listeners to recognize and respond to the challenges facing American democracy and society today.

Transcript

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Ben Meiselas (1:01)

Ranting and raving like a lunatic about that $400 million bribe that he wants from Qatar in the form of a gold plated 747 jet. So here's what he was posting yesterday evening. He writes, the Boeing 747 is being given to the United States Air Force Department of Defense Nav. Not me. Exclamation point. It is a gift from a nation cutter that we have successfully defended for many years. It will be used by our government as a temporary Air Force One until such time as our new Boeings which are very late on delivery arrive. Why should our military and therefore our taxpayers be forced to pay hundreds of millions of dollars when they can get it for free from a country that wants to reward us for a job well done? This big saving will be spent instead to make America great again. Exclamation point. Only a fool would not accept this gift on behalf of our country. Thank you for your attention to this matter. Really Donald. I mean this is at the same time that the GOP tax bill will be raising the debt ceiling by 1, 2, 3 $4 trillion. This says you're raising our defense budget to 1 trillion DOL dollars, the most ever. This as Doge has not given the United States any savings but has caused a massive, massive amount of waste and abuse. Doge itself. Oh and by the way, you're cutting $290 billion from SNAP, the Supplemental Nutrition Assistance Program, which helps over 42 million people nationwide purchase fresh produce and other groceries. And you also want to cut Medicaid by $800 billion. This is why I refer to Donald Trump as the Ponzi scheme rug pull presidency right here. He looks at the suffering of the people of the United States and he sees that vulnerability the way he's always seen it, as a predator. He's a felon, he's a fraud, he is a sexual abuser. He is a disgusting and vile piece of trash who has destroyed and not built his entire life. Destroying the lives of workers, destroying the lives of contractors. Anybody who's come into contact with him, he's destroyed their lives. He is the snake that people let in. And it's too late by the time he ruins your life. But then he moves on to the next Ponzi scheme, right? He goes, I'm going to cut health care costs 50 to 90% via an executive order. No, you're not. You're getting rid of Medicaid before our eyes. You're getting rid of snap, you're getting rid of other critical programs. You're ain't going to cut health care via an executive order just because you say so. But that's part of his scam. And now we're also seeing that the way he framed no tax on tips and no tax on Social Security and no tax on overtime. I'm going to do a whole other video about this this morning. It is a scam. And the carve outs essentially swallow the underlying promise. Promises broken all around. But guys, Donald Trump had a great day in Saudi Arabia. Three exclamation points. That's how great of a day it was. Because you see, the Saudi sovereign wealth fund gives hundreds of millions and billions of dollars to family Trump resorts in Oman, Trump resorts there. So of course Donald Trump is going to the Middle east for people who pay him money. Why do you think Donald Trump doesn't like Canada, doesn't like Europe, doesn't like places that are rooted in democracy and aren't trying to overtly or even implicitly bribe him, who are actually running modern democracies because they ain't paying him off like the Abu Dhabi crypto fund or even Syria is getting in the act right now. Syria's leader said, oh, shit, all we gotta do, excuse my language, all we gotta do is get a say. We want to build a Trump Tower in Damascus. He'll remove the sanctions against us. So Syria said, we want to do Trump Tower within 24 hours. Donald Trump announces. All right, the sanctions against Syria are off. Seriously, seriously. Now, it's so odd as well to see Trump and all these MAGA influencers saying, you know, Saudi Arabia loves us. Yeah, Saud, it's very strange for me as an American to be like, our nation has attacked Canada and our European allies and we suck up to Saudi Arabia and Qatar and we're begging for the seconds of Qatar's airplanes for dear leader Donald Trump. Are you kidding me? Caroline Levitt, Donald Trump's chief propagandist, goes Crown Prince Mohammed bin Salman after Trump's fantastic speech in Riyadh. This is like sheer pink joke dress lady crap from North Korea. He clapped for Donald. He clapped for Donald. Mohammed bin Salman clapped for Donald. Americans are suffering right now. Seriously. Americans are living paycheck to paycheck, which is a form of psychological torture. Americans can't afford a home right now. Americans need health care, good health care. And now they're going to get kicked off the health care that they have, which could be better by the MAGA Republicans. Americans need a good education. Student loans right now have the highest delinquency rate essentially ever right now as the only thing the Department of Education's doing is going after student loan delinquency and garnishing wages right now while gutting lunch programs to kids, gutting mental health services. Even though MAGA Republicans say it's never the guns. Right? What do they say? They say it's always mental health. Well, you just cut mental health services. You cut snap, you're cutting Medicaid. That's what's in your actual budget right now. Foreign countries are looking at America like a banana republic. That's what they're seeing it as. UBS Group has announced their richest clients are increasingly shifting away from the United States dollar assets and turning instead to gold, crypto and investments in China, according to the Swiss bank's co. Co head of wealth management in Asia. Because they don't see the United States brand has been irreparably damaged. I mean, just look at what Donald Trump did with China. And somehow our awful corporate news in America tries to act like Trump did a deal. Trump didn't do a deal. Trump engaged in a trade war against the world recklessly and maliciously created a trade embargo with China, destroying businesses here in the United States. 145% tariffs against China. Then as ships stopped coming into our ports in the United States and we were about to have no products on our shelves, and scarcity was about to reach a Covid level. Donald Trump sent Jameson Greer, our trade Representative, and Scott Besant, our Treasury Secretary, to Switzerland to beg China to beg China to make it appear the United States came out with something the United States got not a single concession. Put in the comments what you think the United States got from this at all, other than to look outmaneuvered and look stupid at this point because all the United States did was reduce its tariffs against China from 145% to 30%, which is still a 30% tax on the American consumer because a tariff is a levy on the importer who passes that through to the consumer. And China smartly lowered its tariff rates to 10% so it could tax its own citizens less. Meanwhile, China has engaged in lots of negotiations with other countries around the world to now appear to be a more stable trading partner than the United States. This is being reflected in the 10 year treasury rate 4.5%. The 10 year yield is not supposed to be that high. When it is high, that reflects instability and that's often a sign as well of other things going up, like mortgage rates going up. That is not good.