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Contestant
I'm ready for my life to change.
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ABC Sunday American Idol returns.
Donald Trump
Give it your all.
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Good luck.
Donald Trump
Come out with a golden ticket. Let's hear it.
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This is immense world.
Donald Trump
I've never seen anything like it. And a new chapter begins.
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You're going to Hollywood.
Donald Trump
Carrie Underwood joins Lionel Richie, Luke Bryant.
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And Ryan Seacrest on American idol. Season premieres Sunday 8, 7 Central on ABC and stream on Hulu.
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Donald Trump
Hablas espanol?
Host
Spritz du joyce com du nos.
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Hey prime members, are you tired of ads interfering with your favorite podcasts? Good news. With Amazon Music you have access to the largest catalog of ad free top podcasts included with your prime membership. To start listening, download the Amazon Music app for free or go to Amazon.com/freepodcasts that's Amazon.com/freepodcast to catch up on the latest episodes without the ads. Donald Trump just wrapped up a press conference where he literally crashed the stock market based on what he was saying. Donald Trump threatened Canada and Mexico said tariffs. Tariffs will indeed take place tomorrow. Then Donald Trump posted on his social media platform. Tariffs will be fun. He told the farmers. Have fun based on all of the greatness he's going to bring when he's actually going to devastate them. At the close of the day, the markets were down as such. The dow was down 1.48%. The S&P 500 was down 1.76%. These NASDAQ was down 2.64%. You can literally see the market crashing as Donald Trump is speaking at this press conference and talking about the tariffs. Play this clip.
Donald Trump
The United States has been taken advantage of for 40 years. The United States has been a laughingstock for years and years. That's why this gentleman is built in Taiwan instead of building here. Would have been better if he built here. If we had a president that knew what they were doing and we had a lot of them very bad on trade.
Host
And at one point during his speech, the Dow was almost down 1,000 points. Donald Trump was then speaking about President Zelensky. Zelensky. He praised Putin again. He talked about how, yes, America is aligned essentially with Russian foreign policy, with Putin policy, and said Zelensky should be more appreciative of him here. Play this clip. What do you need to see from President Zelensky to restart these negotiations?
Donald Trump
Well, I just think he should be more appreciative because this country has stuck with them through thick and thin. We've given them much more than Europe and Europe should have given more than us because as you know, that's right there, that's the border. This, this country really was like the fence on the border. It was, it was very important to Europe. And I'm not knocking Europe, I'm saying that just they were a lot smarter than Joe Biden. Cuz Joe Biden didn't have a clue. He just gave money hand over fist.
Host
Yes, this press conference was an absolute disaster. Donald Trump then decides to attack our ally Taiwan, and he says all these horrible things about them. Play this clip.
Donald Trump
Gonna go on for a long time and he better not be right about that. That's all I'm saying about this project. Could this minimize the impact to the US with chips should China decide to isolate Taiwan or China decide to take Taiwan? Well, it's a very interesting point. It's a great question, actually. But this would certainly, I can't say minimize. That would be a catastrophic event, obviously. But it will at least give us a position where we have in this very, very important business. We would have a very big part of it in the United States. So we have a big impact if something should happen with Taiwan.
Host
It's awfully suspicious that Donald Trump seems to always just be attacking our allies and never saying anything negative about our enemies. What does that tell you about him, huh? Hmm? Here Donald Trump doesn't answer a question asking him if he's bringing US policy in alignment with Moscow. Play this clip.
Donald Trump
Are you considering canceling military aid to Ukraine? And can we get a reaction to what the Prime Minister said that your administration is bringing us worldview in alignment with Moscow's. So this is a deal that should have never happened. This is a deal that would have never happened. And it didn't happen for four years. It didn't happen. It was never even close to happening. If I were president, would not have happened. And October 7th would have happened. Would not have happened in Israel and inflation wouldn't have happened. And Afghanistan, disastrous. The way they withdrew, not the fact that they withdrew, but the way they withdrew would have never happened. And we would have had Bagram right now instead of China having it. It was one hour away from where China makes their nuclear weapons. We would have kept Bagram, one of the biggest air bases in the world. All of these things happened and it's a shame, but it is what it is and now we're here. I want to see it end fast. I don't want to see this go on for years and years now. President Zelensky supposedly made a statement today in ap. I'm not a big fan of ap, so maybe it was an incorrect statement, but he said he thinks the war's going to go on for a long time and he better not be right about that. That's all I'm saying.
Host
Watch this. Also over here, you can literally watch the stock market tank in the bottom corner of Fox's broadcast as Trump keeps talking about the tariffs. Play this clip.
Donald Trump
I'm a huge fan of Ronald Reagan, but he was bad on trade, very bad on trade. He allowed a lot of people, a lot of businesses to be taken. So I say that with due respect because I he was so great on other things, but he was bad on trade. We are setting records right now, records like nobody has ever seen before. When you have companies like this coming in and almost 40% of their company in one signature is going to be devoted to what he does, which is one of the most important, important businesses in the world. That's an unbelievable thing when Apple now is going to start building all of their plants here, here.
Host
Trump doesn't deny that his foreign policy is in line with Putin, but instead rants about, oh, Biden. He says, oh, Biden. Here. Play this clip Question from Russia saying that your foreign policy is largely in line with their vision. Should that be concerning to Americans?
Donald Trump
Said what?
Host
Should that be concerning to Americans? Read the statement that Russia, Russia says that your administration's foreign policy is, quote, largely in line with their vision.
Donald Trump
Well, I'll tell you what, I think it takes two to tango and you're going to have to make a deal with Russia. And you're going to have to make a deal with Ukraine. You're going to have to have the assent and you're going to have to have the consent from the European nations because I think that's important. And from us, I think everybody has to get into a room, so to speak. And we have to make a deal. And the deal can be made very fast. It should not be that hard a deal to make. It could be made very fast. Now, maybe somebody doesn't want to make a deal. And if somebody doesn't want to make a deal, I think that person won't be around very long. That person will not be listened to very long. Because I believe that Russia wants to make a deal. I believe certainly the people of Ukraine want to make a deal. They've suffered more than anybody else. We talk about suffering. They've suffered. But if you think about it, under President Bush, they got Georgia, right? Russia got Georgia. Under President Obama they got a nice big submarine base, a nice big chunk of land where they have their submarines. You know that, right? Crimea. Under President Trump they got nothing. And under President Obiden, they tried to get the whole thing. They tried to get the whole big, big Ukraine, the whole thing. If I didn't get in here, they would have gotten the whole thing.
Host
So as the market is tanking, Fox then reports White House will suspend or may suspend or cancel all Ukraine aid. Well, that's not really a shocker based on the fact that Donald Trump is essentially doing Putin's bidding at this point. While that's taking place as well, you have a Melania Trump holding a press conference with Ted Cruz, who Donald Trump bullied Ted Cruz and Ted Cruz's wife. But Ted Cruz loves to take it like that. And here Melania Trump said really the widespread abusive behavior online is a big problem that she's working on. Here. Play this clip.
Melania Trump
Thank you so much, Senator Cruz.
Donald Trump
I think that should be on.
Melania Trump
It is on.
Donald Trump
It's not very loud.
Melania Trump
Good afternoon. I'm here with you today with a common goal to protect our youth from online harm. The widespread presence of abusive behavior in the digital domain affects the daily lives of our children, families and communities. Addressing this issue is essential for fostering a safe and supportive environment for our young people. I hope today's roundtable builds awareness of the harm caused by non consensual intimate imagery and eventually the approval of of the Take It down act deal in Congress. In today's AI driven world, the threat of privacy breaches is alarmingly high. As organization harness the power of our data, the risk of unauthorized access and misuses of personal information escalates. We must prioritize robust security measures and uphold strict ethical standards to protect individual privacy. As first lady, my commitment to the Be Best initiative underscores the importance of online safety. In an era where digital interactions are integral daily life, it is imperative that we safeguard children from mean spirited and hurtful online behavior.
Host
Yes, as Aaron Rupert points out, she says this while sitting next to Ted Cruz, whose wife was the target of the Trump tweet below. Also, Donald Trump consistently posts deep fakes of women. Like, I don't. I mean, how ridiculous is this that during the campaign Donald Trump posted these fake AI images of Taylor Swift and fake Swifties pretending that the Swifties and Taylor Swift supported Donald Trump. We called it out during the campaign. I know corporate media was like, oh, that's just Trump being Trump, everybody. Ha. We're like, no, he's doing deep fakes and AI of Taylor Swift who he's mocking at the same time. I mean, it's despicable behavior. Then you have Melania there with Ted Cruz. Like, are you kidding me? Not though I'm also the crypto markets crashing as well. Crypto markets plunging right now. And this follows Donald Trump announcing that he was creating a crypto reserve with a lot of shit coins. It was his announcement that he's going to use your taxpayer dollars while cutting your Medicaid, while cutting critical social services to buy meme coins and stuff like that. But even after announcing that he's now tanking the crypto market as CNN and others have reported, the stocks tumble as Trump's confirms tariffs on Mexico and Canada are coming just here. Donald Trump is saying it again. Play this clip.
Donald Trump
But so we're going April 2, but very importantly tomorrow, tariffs. 25% on Canada and 25% on Mexico and that'll start. So they're gonna have to have a tariff. So what they have to do is build their car plants, frankly, and other things in the United States in which case they have no tariffs.
Host
More Donald Trump rambling about a deal that should never have happened. What he's talking about here.
Donald Trump
Play this clip and I want to see it stop. Yes. Are you considering canceling military aid to Ukraine? And can we get a reaction to what the Prime Minister said that your administration is bringing us worldview in alignment with Moscow's. So this is a deal that should have never happened. This is a deal that would have never happened and it didn't happen for four years. It didn't happen. It was never even close to happening. If I were president, would not have happened. And October 7th would have. Would not have happened in Israel.
Host
And then you have Donald Trump's Commerce Secretary, Howard Lutnick. As Shawshank Joshi says, these, these Trumpers are toddlers with scissors. Play this clip.
Contestant
You got to say, we love America. We appreciate America. You know, we want you by our side. And if you think we should have peace, we should have peace, right? But instead he said, I want 300 billion in reparations from Russia. I want them off my land. I want all the land. Really, all the land and reparations and security guarantees. The answer was, it's just way too far. That's not a peacemaker. That's a troublemaker. And that's what the president saw. And he took it for 40 minutes before and 45 minutes in front of the camera. And then it was just. Enough already. Enough.
Host
All right, thank you, Commerce Secretary Howard Lutnick.
Donald Trump
Welcome to the situation.
Host
And then finally, you have Doocy on Fox here. He's talking about how the issue is that Zelensky needs to go on TV and say how sorry he is to Donald Trump. Here, Play this clip. I have been told by a senior.
Donald Trump
Official here that nothing's gonna happen with this minerals deal until Zelensky goes in front of cameras and makes an explicit.
Host
Public apology for the way that he.
Donald Trump
Behaved himself, behaved in the Oval Office with that meeting.
Host
Donald Trump, as I said, was posting on social media for Americans. Have fun. Everybody have. And by the way, this is a funny AI image that we posted here on the Midas Touch social channels. It's JD Vance saying, have you said thank you to me once? These people are literally screwing our economy. They're crashing our markets. They're tanking our 401ks. This stuff is outrageous behavior. Anyway, let me know what you think. Hit subscribe. Let's get to 5 million subscribers. Thanks for watching. The truth is more important than ever. Check out our new Truth over lies collection@store.midas touch.com all 100% USA union made. Hey, I'm Ryan Reynolds. At Mint Mobile, we like to do the opposite of what big wireless does. They charge you a lot. We charge you a little. So naturally, when they announced they'd be raising their prices due to inflation, we decided to deflate our prices due to not hating you. That's right. We're cutting the price of mint unlimited from $30 a month to just $15 a month. Give it a try@mintmobile.com Switch $45 upfront payment equivalent to $15 per month New.
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The MeidasTouch Podcast Summary: "Trump Holds Disaster Presser and Crashes Markets"
Release Date: March 3, 2025
In this engaging episode of The MeidasTouch Podcast, hosts Ben, Brett, and Jordy Meiselas delve into the tumultuous events surrounding former President Donald Trump's latest press conference. The episode meticulously dissects Trump's declarations, their immediate impact on financial markets, and the broader implications for U.S. foreign and domestic policies. Through a blend of sharp analysis, brotherly banter, and unwavering support for democracy, the Meiselas brothers provide listeners with a comprehensive understanding of the unfolding political and economic landscape.
The episode opens with a detailed account of Donald Trump's recent press conference, where his announcements sent shockwaves through the financial markets.
Key Points:
Tariffs Announcement: Trump declared the imposition of new tariffs on Canada and Mexico, signaling a drastic shift in trade policies.
Quote:
Donald Trump [02:37]: "The United States has been taken advantage of for 40 years... If we had a president that knew what they were doing and we had a lot of them very bad on trade."
Market Reaction: As Trump spoke, the stock markets plummeted across major indices.
Quote:
Host [01:24]: "At the close of the day, the markets were down as such. The Dow was down 1.48%. The S&P 500 was down 1.76%. The NASDAQ was down 2.64%."
Crypto Chaos: Trump’s announcement to create a crypto reserve exacerbated the market turmoil, leading to a significant plunge in crypto valuations.
Quote:
Host [11:31]: "Trump announces that he's going to use your taxpayer dollars while cutting your Medicaid, while cutting critical social services to buy meme coins and stuff like that."
The Meiselas brothers provide a critical analysis of Trump's tactics, highlighting his tendency to undermine allies while aligning with adversaries.
Key Points:
Attacks on Allies: Trump’s rhetoric often targets traditional U.S. allies, fostering distrust and destabilizing international relations.
Quote:
Host [04:43]: "It's awfully suspicious that Donald Trump seems to always just be attacking our allies and never saying anything negative about our enemies."
Alignment with Russia: The hosts discuss allegations that Trump’s foreign policies align more closely with Russian interests than with U.S. allies.
Quote:
Donald Trump [07:34]: "I think it takes two to tango and you're going to have to make a deal with Russia."
A significant portion of the episode critiques Melania Trump's recent press conference alongside Senator Ted Cruz, juxtaposing it with Trump’s contentious behavior.
Key Points:
Online Abuse Concerns: Melania addressed the issue of abusive behavior online, emphasizing the need to protect youth.
Quote:
Melania Trump [09:50]: "Addressing this issue is essential for fostering a safe and supportive environment for our young people."
Host's Critique: The hosts link Melania's statements to Trump's actions, highlighting perceived hypocrisy and ongoing political conflicts.
Quote:
Host [11:31]: "Melania there with Ted Cruz. Like, are you kidding me?"
The episode delves into Trump’s use of deepfake technology and social media to influence public perception and propagate misinformation.
Key Points:
Deepfake Usage: Trump has been reportedly using deepfakes to create misleading images, such as fake endorsements from celebrities.
Quote:
Host [11:31]: "Donald Trump posted these fake AI images of Taylor Swift and fake Swifties pretending that the Swifties and Taylor Swift supported Donald Trump."
Impact on Public Trust: These manipulative practices erode trust in media and public figures, contributing to political polarization.
Trump’s statements on international relations reveal a troubling stance that could reshape U.S. foreign policy.
Key Points:
Ukraine Aid Suspension: Trump suggests canceling military aid to Ukraine, aligning more closely with Russian objectives.
Quote:
Donald Trump [07:34]: "I believe the people of Ukraine want to make a deal. They've suffered more than anybody else."
Taiwan Tensions: Trump's remarks on Taiwan indicate potential escalations in U.S.-China relations.
Quote:
Donald Trump [04:05]: "This would certainly... be a catastrophic event."
Commerce Secretary’s Controversy: Criticism is directed at Commerce Secretary Howard Lutnick for what the hosts describe as immature policy stances.
Quote:
Host [14:05]: "These Trumpers are toddlers with scissors."
The episode examines the broader economic repercussions of Trump’s policies, focusing on stock market declines and the volatility in cryptocurrency markets.
Key Points:
Market Downturn: Immediate responses to Trump’s press conference show significant losses in major stock indices.
Quote:
Host [05:02]: "The markets are tanking as Trump confirms tariffs on Mexico and Canada."
Crypto Reserve Plan: Trump's proposal to establish a crypto reserve using taxpayer dollars is critiqued as financially irresponsible.
Quote:
Host [11:31]: "This follows Donald Trump announcing that he was creating a crypto reserve with a lot of shit coins."
The Meiselas brothers conclude the episode by reflecting on the potential long-term effects of Trump's actions on American democracy and global standing.
Key Points:
Democratic Support: Emphasizing the need to uphold democratic values in the face of political instability.
Quote:
Host [No specific timestamp]: "The truth is more important than ever."
Call to Action: Encouraging listeners to stay informed and support initiatives that protect democratic institutions.
Quote:
Host [16:31]: "Details."
Donald Trump on Trade:
"The United States has been taken advantage of for 40 years."
[02:37]
Host on Market Impact:
"At the close of the day, the markets were down as such."
[01:24]
Melania Trump on Online Safety:
"We must prioritize robust security measures and uphold strict ethical standards to protect individual privacy."
[09:50]
Host on Deepfakes:
"He's doing deep fakes and AI of Taylor Swift who he's mocking at the same time."
[11:31]
Donald Trump on Ukraine Aid:
"If I were president, would not have happened."
[07:25]
This episode of The MeidasTouch Podcast offers a critical lens on Donald Trump's latest political maneuvers, highlighting the immediate and potentially long-lasting effects on both the U.S. economy and international relations. Through incisive commentary and thorough analysis, the Meiselas brothers underscore the importance of maintaining democratic integrity and accountability in leadership. For listeners seeking an in-depth exploration of current political dynamics, this episode serves as an essential guide to understanding the intricate interplay between political rhetoric and economic stability.
To stay updated with the latest episodes, subscribe to The MeidasTouch Podcast and join the MeidasMighty community!