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We interrupt this program to bring you an important Wayfair message. Wayfair's got Style Tips for Every Home. This is Stiles MacKenzie helping you make those rooms sing. Today's Style TIP when it comes to making a statement, treat bold patterns like neutrals. Go wild like an untamed animal. Print area rug under a rustic farmhouse table from wayfair.com this has been your Wayfair style tip to keep those interiors superior.
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It has been a terrible day for Donald Trump. Some horrific economic news this morning. January layoffs surged to a 17 year high. Job reports never have been this bad since the Great recession. Right around 2009, when Lehman Brothers went bankrupt, U.S. employers announced 108,435 layoffs in January alone. That's up 205% from December and the highest January total since 2009. As economist Heather Long writes, the U.S. hiring recession shows no sign of ending. Job openings fell to 6.5 million in December, and that is the lowest level since September 2020. The hiring rate remains anemic at 3.3%. Bottom line, firms aren't even thinking about hiring right now. A new Fox poll that they just published shows that 72% of Americans feel the economy is in poor or, or only fair condition. That is not good at all. And Donald Trump was at a national prayer breakfast this morning while all of this was taking place, ranting and raving like a maniac, saying everything is amazing and saying that the 2020 election was rigged. Here, play this clip.
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And I said, you know, he's a really smart guy. If I ever get this thing, got to get it wasn't easy. You know, they rigged the second election. I had to win it. How to win it. I needed it for my own ego. I would have had a bad ego for the rest of my life. Now I really have a big ego. The beating these, beating these lunatics was.
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Donald Trump was also saying that in his recent trip to Davos when he gave a speech there, like one of the worst speeches ever. He said, everybody who invited me said, why did we invite this guy? Here, play this clip.
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Bad thing. And I tell it. I went over to Davos. They invited me. And when I left, they said that may have been the stupidest invitation we ever gave to somebody Switzerland. But they have to. I just say it like it is. They're destroying their country. Their energy is ridiculous. What they've done. And the immigration, I'm telling you, it's a place where many of these countries are not recognizable And I'd like to see them straighten out very soon. It's going to be impossible for them to straighten it out. We have our director of.
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So you have that as a split screen Donald Trump ranting and raving at a prayer breakfast. And then you have economists posting things like this. Sobering data, sobering data from Challenger, that's the company that puts out that data on the US labor market announced job cuts in January, more than double year over year, hitting its highest level since the 2009 Great Recession. Most notably, these layoffs are occurring while GDP is growing at 4%, accelerating the decoupling of employment from economic growth, a phenomenon that if persists, has profound economic, political and social implications. Meaning when people talk about decay shaped growth, which means the billionaires are making lots of money while the everybody else is suffering right now. Also, the crypto market is crashing. Crypto has lost $2 trillion in value since October 2025. The sell off is deepening. It's been crashing every day. It's like dropped into the 60s as the Kobiasi letter explains. It's absolutely insane what's going on in the crypto market. On October 6, crypto markets hit a record high market cap of $4.3 trillion. And today the crypto market is worth just $2.3 trillion, losing more than $2 trillion worth of market cap in four months. Most of crypto's value is being wiped out now. Trump's family company, World Liberty Financial, bought crypto at an all time high. They're dumping it right now. They've sold over $5 million worth of Bitcoin right now. I guess they don't understand that you, that you buy low and you sell it high and make a profit. They buy high and then they sell low and they've lost a lot of money on that transaction as well. But that's typical Trumpian logic right there. Yeah, seems like there's real systemic issues going on. Back to that prayer breakfast for a moment. Donald Trump talks about how when MAGA Mike says, the speaker of the House says he wants to pray, Donald Trump's like, can we just eat lunch? Let's play this clip.
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You know, Mike Johnson's a very religious person and he does not hide it. He'll say to me sometimes at lunch, sir, may we pray? Say excuse me, we're having lunch, it's okay with me. But he's a very religious person and he is popular and he's doing an unbelievable job. So I think God is watching over you. God is watching over him. I don't know about me. So I hang around with him because I feel I'm protected it a little bit.
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Then Donald Trump uses his speech at the prayer breakfast to attack Democrats. And again, I want to show you the split screen stuff. So you have Trump attacking Democrats there. Play this clip.
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I don't know how a person of faith can vote for a Democrat. I really don't. And I know we have some here today. And I don't know why they're here because they certainly don't give us their vote. I certainly know that we're not going to be convincing them to vote for a little thing called voter that's supposed.
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To be at a bipartisan prayer breakfast where Donald Trump is doing that. And the split screen is the report from CNN this morning that I similar to what I'm sharing with you right now about the economic data here.
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Play this clip breaking just moments ago.
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New data showing January was the worst month for job cuts since the 2009 Great Recession. CNN senior reporter Matt Egan is joining me now. What else is this report telling you?
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Yeah, Sarah, look, this is a bad way to start 2026, right? Layoffs way up, hiring way down. So Challenger Gray and Christmas reports that during the month of January, US based employers announced just over 108,000 layoffs. Now that is roughly double January of 2025 and roughly triple the end of last year. In fact, Sarah, as you mentioned, this is the highest since January 2009 during the Great financial crisis of just months after the collapse of.
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And again, split screen, right. You had Donald Trump saying that he's never heard about children, mutilation of children. And he goes, that's not even a word I would know about. I stopped mutilation of children. Donald, you have 38,000 references to yourself in the Epstein files. They may as well be called the Trump Epstein files because you're at a national prayer breakfast. There are more references to Trump in the Epstein files than there is to Jesus in the New Testament than there is to Harry Potter in all seven Harry Potter books. But here's what Donald Trump says about child mutilation. Here, play this clip.
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And I stopped the mutilation of children. The mutilation. The word is mutilation. They mutilize, you know, mutilation of children. I stopped it. Who would think if you said that 15 years ago they'd say what the hell is he talking? Is he crazy?
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Oh, and also turns out that not only did Melania have a nickname for Ghislaine, Melania called Ghislaine G. But Ghislaine had a nickname for Melania. Sweet Pea. She called Melania her sweet pea. We have more emails coming out that we've been able to identify from the Epstein files. Sweet Pea was Melania's nickname. Again, split screen, you have former Secretary of State Hillary Clinton posting the following to Trump and MAGA Republicans like James Comer and the House Oversight Committee. Former Secretary of State Hillary Clinton says, so let's stop the games. If you want this fight, James Comer, let's have it in public. You want it. You love to talk about transparency. There's nothing more transparent than a public hearing. Cameras on. We will be there. For six months, we engaged Republicans on the Oversight Committee in good faith. We told them what we know under oath. They ignored it all. They moved the goalpost and turned accountability into an exercise in distraction. So Hillary Clinton is saying she and former President Bill Clinton. You want to ask us about Epstein? You want to do a whole hearing on that? Let's do it. Let's do the Epstein hearing. We will be there. Will Donald be there? I don't think so. Will Elon Musk be there? I don't think so. Although a federal judge did order Elon Musk to show up for a deposition in the Doge vicious destruction of usaid, which probably led to millions of deaths. Like you do realize that, right? Like, I don't wanna get lost. That what Doge did is probably kill millions of children around the world by taking away their medicine and taking away their food and star kids to death and their parents to death as well. We, of course, will be following the hearings with the Clintons as well. Also split screens. Right. These, this is all happening this morning. I'll do more fulsome videos on each of these vignettes as well. Hat tip to Democratic Senator Gallego of Arizona. He was cross examining Treasury Secretary Scott Besant about the Treasury Department getting prepared to send Donald Trump a check personally to Donald paying Donald Trump $10 billion of taxpayer money of our money because Trump says that his tax returns were leaked, by the way, with 400,000 to 500,000 other taxpayers who are not suing. And so Trump says that he's damaged $10 billion and he sued the Treasury Department. And Besson says, oh, I'd write that check to him. I'm gonna write. If Trump's DOJ says write Trump a check for $10 billion. You're stealing our taxpayer dollars. Like we should all be outraged. He's stealing our $10 billion. Here, play this clip but if the.
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President prevails in this lawsuit, he's going to be able to pocket that money. My question is, is the president. Has anyone in the president's office talk to you about this lawsuit in any regard? They have not. And the President has said he will donate the proceeds to charity. You may have missed that. So no one at all has discussed this to you whatsoever? No, sir. And the President said he. Have you received. I didn't ask any more questions. Have you received any advice from Treasury's legal division about how to handle this potential conflict? This is a Justice Department matter. They represent treasury in it. Have someone from Department of Justice actually come and talk to you saying that this is their purview and you need to stay out of it, or what have you. Who, who has discussed to you what is your role in this? Our general counsel, who's sitting behind me, has told me that it is a Justice Department matter. The Justice Department defends treasuries and treasury in matters like this. Okay, so you have. Has been discussed with you. Do you have any final say at all in the process of this, or is the DOJ just going to instruct you to cut a check and. Or settle and you have no independence to actually make a decision whether or not the president deserves $10 billion. Again, that is a DOJ matter. And so the DOJ will entirely make that decision. If whether or not the president should receive $10 billion, you have no say at all. Correct. So you would just have to write the check if you were told to write the check. Correct. You would write the check willingly if you're told by a doj? To the President. I will follow the law, Senator. Okay. I mean, I think for many of us, this is very simple. And I think if this had been happening in any other countries, it would look an absolute like a total shakedown of the American taxpayer. Are you also.
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So one of the things that I proposed as well is, well, let's say there's 40,000 other individuals who are subject to a data leak of their tax returns. If all 40,000 people sued for $10 billion, okay, that would be over $400 trillion. And then our entire government would go absolutely bankrupt if everybody did the same lawsuit. It's actually more people's tax returns got leaked. It's probably closer to a million people. It was a data breach with other people aren't suing. But if everybody else sued for $10 billion. Do the math. Do a million people suing for $10 billion. Do it as a class action. If trump suing for $10 billion. Maybe I sue. Maybe you sue for 10 billion. We all sue the government. Why do we all sue the government for $10 billion? That would be nice, right? That would be great. Are they only going to pay it out to Donald? 38,000 references to Donald in the Epstein files. Leave you with some good news. Let's go to split screen. Let's go to Virginia where you have their Senate pro temporary. The leader of their Senate, Senator Lucas, along with their. Along with their speaker of the House, Speaker Scott, talking about how Virginia is now officially putting forward their 10 to 1 map redistricting. 10 to 1 map in favor of Democrats Donald Trump's gerrymander backfiring in his face. Let's play this clip.
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Give me more seats then. That's not enough. So he calls North Carolina, Missouri, Ohio. I need more.
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I need more.
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Today we are leveling the playing field. There are not. These are not ordinary times. And Virginia will not sit on the sidelines while it happens. We made a promise to level the playing field and today we're keeping our promise. Our maps are ready. Virginia is ready. We said 10:1 and we meant it. And we are proud to deliver a map that stands up for democracy to stand up. Virginians to stand up and give us a voice. He started this mess and Virginia is going to finish it. Virginia to the rescue. Senator Lucas said it best. We've been working really hard to make sure that we got this delivered. This is about leveling the playing field. Across the country, Republicans are gerrymandering maps to override the will of the voters. We just saw it in Texas, North Carolina and Missouri at Donald Trump's direction. They're manipulating election maps because they know they can't win on their agenda in 2026. So instead of changing their ideas, they're trying to rig the system. A 10:1 map levels the playing field and we're ready to move forward. Today we are making good on our promise by releasing the maps publicly. We're going to get them released either by the end of the day or early tomorrow, will get those maps released and putting them out in the open and allowing them to be debated the way they should be in a democracy. We're going to leave it up to Virginia voters. The maps are ready. Virginia's ready. And as the vice senator said it many times. 10 1, 10 1, 10 1.
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Thank y'. All.
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Appreciate it. Before 5 o'? Clock?
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I don't know. Then I'll share this with you. Finally, at the beginning of the National Prayer Breakfast, Democratic Congressmember Jonathan Jackson gave the opening speech. Watch this. Let's play it.
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Today we pray for the future of this nation and that you would lead this president into greater levels of compassion for your name's sake. We pray that you would protect him from the iniquities of evil and that you would give him greater clarity, greater courage and greater capacity to do what is right and forever challenges. Today we remind him that the lives of millions of people are in his hands and that he has the power to turn mourning into dancing or to reduce the country into a cosmic elegy of chaos and suffering. And it is because of this that we pray that the best of this president would rise among us. For the sake of this nation, for the sake of this world, we pray that goodness and mercy would announce themselves in his life in new and powerful ways. We pray that he would be mindful of the poor and that he would be invested in the elevation, the alleviation of suffering happening on farms in the Midwest, in the families preparing to bury their loved ones in Minneapolis. Remind him that we are all Americans, all made in the image of God and that none of us are free unless all of us have our freedoms protected. Many.
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There you have it, folks. Let me know what you all think about that. Hit subscribe. Let's get to 6 million subscribers. Want to stay plugged in? Become a subscriber to our substack@midasplus.com you'll get daily recaps from Ron Filipkowski ad free episodes of our podcast and more exclusive content Only available@midasplus.com. We're lost.
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Date: February 5, 2026
Hosts: Ben, Brett, and Jordy Meiselas
In this episode, the Meiselas brothers dissect a “terrible day” for Donald Trump, as multiple plans unravel on both political and personal fronts. They discuss devastating economic news, Trump’s contradictory public appearances (notably at the National Prayer Breakfast), deepening scandals involving the Epstein files, and escalating legal and political complications for the former president. True to form, the episode combines sharp political analysis with the brothers’ signature banter, as they underscore their support for democracy amidst the chaos.
[03:12 - 09:26]
US economic crisis:
Trump’s denial at the National Prayer Breakfast:
Crypto collapse and Trump family mismanagement:
[08:14 - 09:14]
[10:13 - 13:35]
[13:35 - 15:49]
[16:49 - 18:42]
[18:46 - 20:10]
On Economic Collapse:
Trump at the Prayer Breakfast:
On the Epstein Files:
On Legal Absurdities:
Virginia’s Gerrymander Reversal:
Representative Jackson’s Prayer:
Throughout the episode, the Meiselas brothers deliver a fast-paced, sharp-witted examination of Trump’s perilous present moment, juxtaposing his bluster with rapidly mounting crises and policy backfires. This detailed split-screen analysis, replete with memorable quotes and biting commentary, offers listeners both a comprehensive news update and the sense that, as ever, the push for democracy continues—even when “all Trump’s plans backfire.”