Loading summary
Transcript33 lines
- [00:01]
Ad Sponsor
This episode is brought to you by Lifelock. It's tax season and we're all a bit tired of numbers, but here's one you need to $16.5 billion. That's how much the IRS flagged for possible identity fraud last year. Now here's a good number. 100 million. That's how many data points Lifelock monitors every second. If your identity is stolen, they'll fix it, guaranteed. Save up to 40% your first year@lifelock.com podcast terms apply.
- [00:30]
Mantis X Representative
Want to sharpen your aim, save money on ammo and train like the pros, all from the comfort of your home? Meet Mantis X, the cutting edge dry fire training system used by the Marine Corps, army and Special forces to build precision and confidence. 94% of shooters report improved accuracy in just 20 minutes and you could be next. With Mantis X, you train with your own firearm anytime, anywhere without wasting a single round in less than two weeks. The system pays for itself in ammo savings alone. As a proud gun owner, I believe in the Second Amendment. But rights come with responsibility. That means refining your accuracy, mastering your skills and staying prepared every time you train. Whether you're a new shooter or an experienced marksman, Mantis X helps you train smarter, shoot better, and defend what matters most. Get yours today@mantisx.com that's mantisx.com on Sunday.
- [01:31]
Political Commentator
Morning, Donald Trump is posting videos of himself playing golf on his social media account. One post, another post of himself landing at a golf course on Marine One, which is a repost. And then videos of himself golfing. This as the markets are crashing. This as America experienced a day of one of the biggest nationwide protests in the history of the nation. As Spencer Hakimi and also points out what went down on April 3rd. The stock drop was one of the biggest in the history of the United States. It was basically the same stock drop right after 9 11. And when you add up the crash of Thursday, Friday and what appears is going to happen on Monday, it may be among the worst ever of all major crashes in the history history of the United States. While all of that's going on, Donald Trump is posting this. Trump is purposefully crashing the market. He's continuing to repost this bizarre video which claims that he has a plan to crash the markets and that that's going to ultimately be good because he's going to lower interest rates and then all the other nations are going to submit and bow down to him. He also falsely claimed in that video that he posted that Warren Buffett endorses his plan and says it's a great plan. Warren Buffett and Berkshire Hathaway had to immediately put out a statement denying that they had anything to do with that and that they totally disagree with everything that he is doing. I'll share this with you right here, just so you can see for yourself. This is literally the video that Donald Trump posted of himself this morning as we appear to be heading towards another week of horrific stock market crashes. Let's play this clip. Donald Trump also is posting this. Hang tough, we can't lose. Donald Trump is sending emails like this to his supporters. Please answer. Before the poll closes tonight, would you accept a Doge dividend check signed by Trump? Should Trump give Doge savings to back to American citizens via check? That's why I always call the Trump regime a Ponzi scheme presidency or a rug pull presidency after they are exposed lying about one thing. There's not going to be lower prices on day one. There's not going to be peace in Ukraine in 24 hours. Housing is not going to be more affordable. There's not going to be more jobs. You can go down all of them. Inflation is surging. What does Donald Trump do? Well, maybe I'll hand you a check. Maybe if you beg me, I'll give you some breadcrumbs. That's what he's doing. Also this morning, Trump was posting these very weird videos that appear to be created by the government of Mexico. They're in English and they feature Mexican people and they say, you need to be happy. Choose to be happy, choose to be happy. Don't do drugs, don't do fentanyl. And then there's an 800 number associated with the government of Mexico and telling Mexican people not to do fentanyl in English. Mexican people in Mexico not not to do. And Donald Trump is reposting that. You know, it's why I say this is also a very demented presidency. This is what he's posting. Just think about what he's posting this morning. He's posting that he's intentionally crashing the markets and he's lying and saying, Warren Buffett says this is a great idea. He's posting more videos of him golfing. Uh, and he's posting videos by the government of Mexico in English telling Mexican people in Mexico to stop doing fentanyl when the there really is not that a problem in Mexico there. The scourge of fentanyl consumption is here in the United States. Anyway. Take a look at these protests and what they visually looked like across the country just keying in on some cities here. But there were a lot of other cities. I mean, there were literally thousands of towns and cities where protests like this were taking place. But you can see this visual. Boston, New York, Chicago, Portland, San Francisco, San Diego, Idaho, Utah and Oakland and so many more. What was so incredible about this is seeing the protests, you know, just in local small towns that were even like red leaning towns. Seeing them in like the villages in Florida, seeing them in, you know, right leaning towns in Ohio and in Wisconsin and in Utah and in Minnesota, you know, just across the country, we saw some great ones. Thank you everybody for sharing those with us. I mean, just take a look at this image right here of the protest that took place in downtown Chicago. Just take a look at what it looked like. Let's play it. I mean, look, we've made this the main story on the Midas Touch network because it is the main story. But the way corporate news, don't get me wrong, I've seen corporate news cover it a little. You know, maybe they showed it, they've always downplayed it. You would think that in normal times you would be embedded with the protesters the way we were and showing the scale and scope. This has never happened like this in American history before. And the corporate news, like, well, a few hundred people should. It was millions of people across the country. When you add up all of the towns and cities rising up right now, rising up to crap like this, you have Scott Besant going on Meet the Press this morning and Kristen Welker says, you said you were going to approve the economy. What's your message? Let's say to people retiring right now who have now lost their life savings, to which Scott Besant, who's worth half a billion dollars, who literally lived in a pink Barbie palace, that's what he called it. It was in Charleston, South Carolina. He goes, I think Americans have it all in their savings. He says, because I think they have it in their savings. I wouldn't worry about that. I think they have it in their savings. Play this clip.
- [07:49]
Jake Tapper
What is your message to Americans who want to retire right now and who've just seen their lifetime savings drop significantly?
- [07:58]
Scott Besant
I think that's a false narrative. Americans who want to retire right now, the Americans put away for years in their savings account. I think they don't look at the day to day fluctuations of what's happening.
- [08:11]
Political Commentator
Delete me makes it easy, quick and safe to remove your personal data online at a time when surveillance and data breaches are common enough to make everyone vulnerable. Your data is a commodity. Anyone on the web can buy your private details. This can lead to identity theft, phishing attempts and harassment. But now you can protect your privacy with Delete Me now. As someone who, let's just say, has a pretty active presence online and on the Internet, it is really important to me that I protect my data. You can imagine all of the attacks that we would otherwise get. So I trust it. I hope you trust it as well. Take control of your data and keep your private life private by signing up for Delete Me now at a special discount for our listeners. Get 20% off your delete Me plan when you go to join delete me.com midas and use promo code Midas at checkout. That's me I D A s. The only way to get 20% off is to go to JoinDeleteMe.com Midas and enter the code MIDAS at checkout. That's JoinDeleteMe.com Midas use the code MIDAS join delete me.com Midas code Midas. Thanks. Delete me. Seriously. Seriously. They are deranged, these people. Trump's Agriculture Secretary, Brooke Collins is asked by Jake Tapper on CNN, why, why are you imposing 10% tariffs on penguins? And she's like, oh, gosh, he's so smart. He's so smart.
- [09:53]
CNN Analyst
Play this clip President Trump laid out with a giant graphic of all the countries where tariffs were going to what he called reciprocal tariffs were going to be imposed. And you're imposing a 10% tariff on the Herd and McDonald Islands. The Herd and McDonald Islands have zero human inhabitants. They have zero exports. They have zero imports. They do have a lot of penguins. Why are you putting import tariffs on islands that are entirely populated by penguins?
- [10:23]
Jake Tapper
Well, I mean that. Come on, Jake. Obviously, here's the bottom line. We live under a tariff regime from other countries. We have not.
- [10:34]
CNN Analyst
The McDonald Islands is not imposing idea.
- [10:36]
Jake Tapper
That America goes first. I mean, come on, whatever. Listen, the people that are leading this are serious, intentional, patriotic, the smartest people I've ever worked with.
- [10:49]
Political Commentator
By the way, when we talk about pink dress lady from North Korea, now the propagandist, the main anchor in North Korea, Donald Trump literally has pink dress ladies dressed in pink dresses. Then you have Howard Lutnick asked about the destructive nature of these tariffs and Mr. Shamwow, Mr. Fascist Shamwow goes, it's a shammy. It's why he goes, luck. He goes, look, Trump has been talking about this his whole life. I'm going to, I'm going to do Big accordion hands. Luck lock here. Everybody here play this term that other.
- [11:19]
Jake Tapper
Markets will look to other suppliers instead.
- [11:22]
CNN Analyst
Of dealing with the United States.
- [11:25]
Economic Expert
That is ridiculous. The problem is everyone in the world sells to us. Our economy is the consumer of the world. We are the only one with a trade deficit. The rest of the world has a trade surplus. Why does Europe have a trade surplus? Is there something about Europe that's special? Seriously, are they a different world than we are? Why are they selling 200 billion a.
- [11:51]
Jake Tapper
Year more to us?
- [11:54]
Economic Expert
It's because it's not fair. The rules are made not fair. And President Trump is going to fix them. And he's doing it for America and he's doing it for your children and mine and our grandchildren. This is the moment that the United States of America takes hold of itself. And Donald Trump's been talking about this his whole life. This is Donald Trump's agenda and we are all here to help him execute it.
- [12:18]
Jake Tapper
And we will.
- [12:19]
Political Commentator
Again, these people are demented. Here is Scott Besant, Donald Trump's Treasury Secretary, Lutnick's Commerce Secretary. Here's Scott Bessant saying, you know, I would tell everybody things are good. I would tell him things are good. What I saw on Friday in the market, with the volume, with the trade volume, it's good. Here, play this clip.
- [12:40]
Jake Tapper
The markets lost more than $6 trillion in value. Was this disruption always part of the.
- [12:46]
Scott Besant
Plan, Mr. Secretary, look, the Chris, markets are organic, the animals and you never know what the reaction is going to be. One thing that I can tell you as the Treasury Secretary, what I've been very impressed with is the market infrastructure that we had record volume on Friday and every, everything is working very smoothly. So the American people, they can, they be very, take great comfort in that.
- [13:16]
Political Commentator
Oh, and then you have Kevin Hassett, Donald Trump's top National Economic Council adviser. Here's what he has to say. Play this clip.
- [13:24]
Kevin Hassett
Why did the President not include Russia on the list of countries who are facing tariffs?
- [13:30]
Pam Bondi
There's obviously an ongoing negotiation with Russia and Ukraine. And I think the President made the decision not to conflate the two issues. It doesn't mean that Russia the full time is going to be treated wildly different than every other country.
- [13:43]
Kevin Hassett
But Russia is one of the only countries, one of the few countries that is not subject to these news tariffs, aren't they?
- [13:48]
Pam Bondi
They're in the middle of a negotiation, George, aren't they?
- [13:50]
Political Commentator
And here he is again. Let's play it.
- [13:52]
Kevin Hassett
The President retweeted a post that said the market drop was part of a deliberate strategy to force the Fed to lower interest rates. Is that the president's strategy? If not, why did he post it?
- [14:02]
Pam Bondi
Yeah, yeah. You know, the bottom line is the president has been talking about tariffs for 40 years and this is like, been absolutely the policy that he's focused on in the campaign and throughout his political career.
- [14:13]
Political Commentator
Oh, then they bring on Pam Bondi, Donald Trump's Attorney general, who continues this idea that we may have to look into a third term for Donald Trump. She's, she's asked. So, you know, she, she goes, maybe, maybe he'll just listen to her. In your own words.
- [14:28]
Jake Tapper
Here, play the other headline. There's chatter about President Trump seeking a third term. He has said, quote, there are methods. Is this just one of his epic trolls or does he, or do you believe there is a method short of amending the Constitution by which he could seek a third term? President Trump has served one full term. He's on his second full full term. He's a very smart man and we, I wish we could have him for 20 years as our president, but I think he's going to be finished probably after this term. Probably. Well, the Constitution. We'd have to look at the Constitution.
- [15:00]
Political Commentator
Finally, here is Democratic Senator Adam Schiff. Here's what he's got to say. Let's play.
- [15:05]
Adam Schiff
Unfortunately, he's wrecking our economy. I think people have seen their retirement savings on fire. And there he is out on the golf course. That may end up being the most enduring image of the Trump presidency. That is the President out on a golf cart while people's retirement is in flames. The Treasury Secretary saying that people aren't looking at where the retirement savings are. Maybe he doesn't have to. He's got the wealth, he doesn't have to. Maybe the president with his wealth doesn't have to. But what I'm hearing from Californians is those that have just retired, those are on the eve of retiring, they're terrified of this. And I hope and pray we stay out of recession. But if we head into a recession, it will be the Trump recession. He will completely own it. This is a completely self destructive economic act that he's engaged in.
- [15:57]
Political Commentator
Yeah, that's exactly true. Anyway, that's what's happening this morning. We'll keep you posted. Hit subscribe. Let's get to 5 million subscribers. Thanks for watching. Can't get enough Midas. Check out the Midas substack for ad Free articles, reports, podcasts, daily recaps from Ron Filipkowski and more. Sign up for free now@midasplus.com.