Donald Trump (5:33)

I'm sorry, I don't have a plane to give you. I wish you did. I would take. If your country offered the United States Air Force a plane, I would take it. Okay.

Ben Meiselis (5:43)

Now the rest of the world is looking at this and saying America is over. That's how the international community sees this. Xi Jinping in China is all smiles right now and he's trying to project China as a stabilizing force. He's been mocking the United States all week, putting out statements like, we hope the United States will just calm down a little bit and act more stable. I mean, there's a flight away from the dollar, a flight away from United States Treasuries. We just had a Treasury bond auction and they usually do well. Completely trash the 30 year treasury yields going up. That's a bad sign. When the 30 year treasury yields increase like that, the government's gonna have to pay more interest on its debt because less people actually wanna hold onto the notes. That's why you don't want a high treasury yield. The 20 and 30 years, it's supposed to be a lower amount. Cause you're supposed to have a stable government. They hit 5.07% right now, which is kind of in catastrophic territory or just about to be in catastrophic territory. So all of this is going on. Here's what Donald Trump posted. He posted that he wants to take Fannie and Freddie Mac private. He said go public, but he really means basically privatize it and remove it from the federal government. I'm giving very serious consideration to bringing Fannie and Freddie Mac public. I will be speaking with the Treasury Secretary, Scott Besant and Secretary of Commerce Howard Lutnick and the Director of the Federal Housing Finance Agency, William Pult, among others and will be making a decision in the near future. Fannie Mae and Freddie Mac are doing very well, throwing off a lot of cash and the time would seem to be right. Stay tuned. Trump is going to destroy housing and we're going to have another catastrophic event in the housing sector. I think Carson Foley puts it succinctly here when he says, this confuses me. I would use the word disturbs, but you could use the word confusing. Privatize Fannie, Freddie. Rates shoot up because there's no government backstop. Home prices collapse because there's no demand because of the rates. Affordability is the exact same. I would say affordability is much. It's much less affordable now. I mean, interest rates are above 7% for a mortgage. So asset values go down, leverage costs go up, and no one can buy a house. Can someone explain how this helps anyone? You know, all this helps Donald Trump and his billionaire friends. They don't give a crap about any of this. Cruelty is the point. And yesterday, another disastrous day on Wall Street. The Dow was down almost 2%. The Nasdaq was down a point and a half. Basically, the s and P, 1.6%. The volatility I've said of this market resembles a Trump meme coin, where basically you have maga, Republican Congress members, insider trading, Trump's cronies, insider trading. And we the people are getting absolutely trashed and screwed. All of this was going on yesterday. A federal judge in Massachusetts also found that the Trump regime violated a court order. We're likely headed towards criminal contempt from this Massachusetts federal judge when the Trump regime deported a Burmese national from the United States to South Sudan. That's one of the areas. In addition to El Salvador, they're sending people to South Sudan while there are injunctions in place. Cruelty is the point. Without due process, in violation of the Supreme Court order, in violation of federal in junctions. I talked about that Trump disastrous press conference with South African President Ramaphosa, by the way, go back and watch the video. I did. I did a whole video on this disastrous press conference yesterday. So President Ramaphosa of South Africa also brought with him the agriculture ministers and golfers. He brought white people with him. Let me just say what it was. He brought white Africana people with him. And you had the white agriculture minister there. And Ramaphoso was like, ask him. There's no genocide against white farmers. There is crime. People recognize that South Africa has a crime problem. And the crime is disproportionately or significantly, I'm not sure disproportionately, it impacts farmers. But there are white farmers in South Africa. There are black farmers in some areas. The deaths of black farmers are more than the deaths of white farmers. But there isn't a government genocide taking place in South Africa that Trump claims exist. Where Trump. And then Trump's playing all of these videos that are just these bs, like white supremacist conspiracy theory stuff. And Ramaphosa is watching and it's like, what? Where is this? What is this? The white agriculture ministers watching this. Like, you don't know. You don't know what you're talking about. And Trump starts yelling and railing at the NBC reporter in the room. Here, watch this. Mr. President, the Pentagon announced they would be accepting a Qatari jet to be used as Air Force One.

Donald Trump (11:15)

What are you talking about? You know, you. To get out of here. What does this have to do with the Qatari jet? They're giving the United States Air Force a jet. Okay. And it's a great thing. We're talking about a lot of other things. It's NBC trying to get off the subject of what you just saw. You are a real, you know, you're a terrible reporter, number one. You don't have what it takes to be a reporter. You're not smart enough. But for you to go onto a subject about a jet that was given to the United States Air Force, which is a very nice thing, they also gave $5.1 trillion worth of investment in addition to the jet. Go back. You ought to go back to your studio at NBC because Brian Roberts and the people that run that place, they ought to be investigated. They are so terrible the way you run that network. And you're a disgrace. No more questions from you. Go ahead. Go ahead, talk about that. His name is Peter Suffolk. He's a terrible reporter. Quiet, quiet, quiet.

Ben Meiselis (12:24)

A dog bit Laura Ingraham's hand. Her dog bit her. That's what she was talking about yesterday. Her dog bitter. Dogs know. I'm not even sure why I'm even talking about that, but her dog bitter. And she wanted everybody to know that. Her dog bitter. Dogs know. Let's talk about this budget scam quickly as well. I think Moskowitz puts it succinctly. The GOP's big beautiful bill repeals a tax on gun silencers that's been on the books for over 90 years. So while House Republicans are driving up the costs of health care, kicking off people from Medicaid, 13 million people will lose their Medicaid. People will lose Medicare as well. Medicare is on the chopping block. People under the Affordable Care act are going to lose their health care as well. Under this disastrous bill, SNAP is going to be cut. Supplemental Nutrition, Assistant Rental Assistance, HUDs, rental assistance programs are going to be completely gut so that billionaires can get their tax cuts. But Moskowitz, it's not only that. It is a repeal on gun silence. Taxes inserted in the budget bill was that there would no longer be regulations that you have to register silencers with the atf. So one of the things that clinched this for the MAGA Republicans is that no regulations on silencers, which has been around for 90 years. I mean, how utterly pathetic than that. And of course, Donald Trump finished his disastrous Oval Office press conference with President Ramaphosa by whining about the fact that Russia is not a part of the G7 and it's not the G8 anymore. Play this clip and are you preparing to come?

Donald Trump (14:02)

So without the United States, the G20, just like the G7 used to be the G8, but brilliantly, they threw Russia out. Would have been a lot better if Russia was in. You know, a lot of people would say, oh, that's not it, because if Russia was in, you probably wouldn't have this war. And if you had a different president, you wouldn't have the war either.

Ben Meiselis (14:19)

You don't get much more despicable than that. Folks. I'm Ben Meiselis from the Midas Touch Network. Folks, we have to keep on growing the resistance and this opposition. We need you to subscribe to the Midas Touch channel right now. Also check out midasplus.com thanks for watching. Love this video. Continue the conversation by following us on Instagram. It's touch and help US blow past 1 million followers.

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