Loading summary
Shopify Representative
Starting a business can seem like a daunting task unless you have a partner like Shopify. They have the tools you need to start and grow your business. From designing a website to marketing, to selling and beyond, Shopify can help with everything you need. There's a reason millions of companies like Mattel, Heinz and Allbirds continue to trust and use them. With Shopify on your side, turn your big business idea into Sign up for your $1 per month trial@shopify.com specialoffer just.
Political Commentator
Another total meltdown from Donald Trump this morning, blaming air traffic control problems and massive delays at airports on former President Biden. Yep, we're well over 100 days now into this disastrous Trump regime and here is what he's posting. Air traffic problems caused by the incompetent Biden administration as headed by, in this case, a total novice and political hack, Pete B. Then he puts in caps I will fix it. Exclamation point. You know Donald, under former President Biden and former Transport Transportation Secretary Pete Buttigieg, you know what wasn't happening? Planes weren't crashing frequently. There wasn't these massive, massive delays because air traffic controllers said that they're suffering from trauma as a result of radar are shutting off because of the incompetence of your regime. So maybe just act like a leader. I know you can't. I know you only know how to behave like a petulant little three year old bully. No offense to petulant three year old bullies, but just maybe try to act like an adult and take some level of accountability, you idiot. Oh, and then Donald Trump posts the following. He attacks the chairman of the Federal Reserve, Jerome Powell, who Donald Trump appointed. Donald Trump goes quote too late, end quote. Jerome Powell is a fool who doesn't have a clue. Other than that I like him very much. Exclamation point. Oil and energy way down, almost all costs. Groceries and eggs down. Virtually no inflation tariff. Money pouring into the US the exact opposite of quote too late, end quote. Enjoy. Exclamation point. The golden age of America is coming. Now. I know a lot of his followers who still support him and they're getting less and less. Their MAGA mush brain cult mindset goes oh, Donald tells me prices are lower. We all know that inflation is rising. Why? Because if we go into the grocery store, if we're going to look for cars, if we're going out to buy whatever the products are, we, we see the prices going up. We know that mortgage rates are going up. We know that housing is less affordable now not more affordable right now, by the way, we even hear Donald Trump and his Treasury Secretary, Scott Bessant saying that little girls should only be buying one doll and five pencils versus multiple dolls and they should be paying more for their dolls and they should stop whining and complaining. That's what the regime is actually saying. We all know that tariffs are bad. We, we all can. If we have pensions or 401ks or we, we see that it's going down, we know that we're worse off right now under Donald Trump. So when he goes enjoy, and then the juxtaposition of Donald Trump saying enjoy, let them eat cake while he's out there doing deals with Qatar in the Middle east to build new resorts and doing deals with Saudi Arabia to build resorts in Oman, and he's out there doing deals with the AB Dhabi Fund to put money into his crypto. The Trump families made $2.6 billion in the past 100 days off of crypto schemes and market schemes. While we the people are suffering. We know what's going on. That's why Donald Trump's approval is plummeting. Donald Trump is basically straight out of that movie I've been talking about, don't look up. Don't look up. As the asteroid is coming. Frankly, little pieces of that asteroid have already, of that comet have already hit the United States. He's saying, don't look up. And I'm telling you, look up, look around you. Let's just recognize what the hell is happening in our country and say, this is not America, dammit. Oh, then Donald Trump posts this Today, World War II Victory Day. And he posts the statue of the courageous United States soldiers. And in Iwo Jima. Donald, Iwo Jima is not in Europe. Do you know what victory day signifies? Do you know victory dates? Victory Day in Europe. You're posting Iwo Jima. Trump does not even have the most basic understanding of anything. Geopolitics, American history, tariffs, economics, you name it. Spencer Kimian says the bottom half of the country, and I would say the bottom half of the countries. Anyone who's in the 99%, not the 1% or 1.1.1% of Trump, the bottom half of the country is already in a recession and all Donald Trump is now doing is announcing gimmicky trade deals. What was what Trump say today? He's doing a trade, going to do a trade deal with the UK which will lower tariffs on Range Rovers from 25% to 10% even though it was zero percent a month ago. So Donald Trump creates the issue. He's the arsonist. Creates a fire across the world, puts out a teeny, tiny, tiny one in the UK but doesn't really put it out. Deals with Range Rovers and Land Rovers and then acts like he's done some, some massive deal that's not even a trade deal. Gimmicks after gimmicks after gimmicks. So I'm reminded of the Trump propaganda during the campaign where the MAGA cult members and the MAGA supporters and MAGA people in general would have their kids go out and they would say how much they wanted Barbies to be cheaper and how Trump was going to make things cheaper. Do you all remember? Do you all remember this? Here, play this clip. What do you want him to do? What do you want him to say today?
Child
I want him. I want him to lower prices and lower the taxes and make Barbies cheaper.
Political Commentator
Make Barbies cheaper.
Child
Yeah.
Political Commentator
Tell me more about that. Have they gotten expensive?
Child
Yeah. And Polly Pockets, all my favorite toys are so expensive.
Midas Touch Host
You're smart enough to know when something's not working, like when you can't focus at work or when you're dragging by 2pm or when your stomach feels like it's fighting you after every meal. Well, here's the thing. These aren't random symptoms. Your gut impacts everything from your digestion to your brain function to your energy levels. That's why we love Just Thrive Probiotic. Unlike other brands that make big promises but fall apart in your stomach, Just Thrive is the only probiotic clinically proven to arrive in your gut when 100% alive. For you, that means real results like better digestion, healthy immunity and more energy to tackle your day. But don't just take our word for it. Try just thrive probiotic for 90 days and see how much better you feel. If you don't notice a difference, they'll refund every penny even if the bottle's empty. Start your 90 day risk free trial today at JustThriveHealth and use promo code MIDAS to save 20% on your first bottle. That's Just Thrive Health.com promo code MIDAS.
Political Commentator
So they went from the MAGAS pushing that to now Treasury Secretary Scott Besant wants to clarify what Donald Trump said about the little girls. He wants you to know though, this is a wrinkle that Treasury Secretary Scott Bessant, he goes, even though your little girl's only gonna have $1 and 5 pencils, she's gonna be happy in the future because we're gonna bring low paying Factory jobs, like screwing the iPhones together from China. We're gonna bring those jobs to America and your little girls can work in those factories for the rest of her life. Don't you like that? Play this clip.
Treasury Secretary
The other thing too is this reporter behind me was quite snarky the other day when President Trump talked about the girl having two dolls. And he said, well, what? President didn't take the question, but he said, what would you tell that girl? I said, I would tell that young girl that you will have a better life than your parents. That you and your family, thanks to President Trump, can now be confident again that you will have a better life than your parents. Which working class Americans had abandoned that idea. Your family will own a home. You will be able to advance. You will have a good education. You will have economic freedom. That's what we are advancing.
Former Vice President
Yeah.
Political Commentator
Now even former Vice President Mike Pence has been out there saying, what in the world are these Trump people doing? Y' all are. Y' all are killing the economy right now. And what are you talking about with little girls?
Child
Here, Play this clip they're making lately is that maybe children will have to make do with fewer toys, fewer dolls. The quote that he had yesterday was, I'm just saying that they don't need to have 30 dolls. They can have three. They don't need to have 250 pencils, they can have five. Do you think the American people buy that argument?
Former Vice President
I have two grown daughters, I have three small granddaughters. And look, keeping dolls affordable, keeping our kids toys affordable, that really is part of the American dream. I remember recently the Secretary of the treasury said that cheap goods was not a part of the American dream. Well, I'm somebody who spent almost my entire life in public service. We lived on our paycheck while we raised three kids and put three kids through college. Cheap goods are a big part of it. I think we ought to be candid about that.
Political Commentator
So with all of this going on, with Trump harming our economy, with our GDP shrinking, you know, the MAGA Republicans in the House were focused on all the important things today. I'm being sarcastic, of course. The U.S. house voted 211 to 206 to approve legislation to rename the Gulf of Mexico to the Gulf of America. Now, MAGA Republicans refuse to do anything to assert their authority when it comes to things like trade deals and tariffs, which they're constitutionally obligated to do. Their budget, which they call a big beautiful deal, is a big, beautiful disaster. With MAGA Republicans in the Senate like MAGA Mike Johnson from Wisconsin saying that there's no chance he's going to support what they're doing in the House. And it's dead on arrival reconciliation. It's good to know that the MAGA Republicans are focused on Nate re the renaming of things. I think there's 12 separate bills as well circulating in the House to rename things after Donald Trump because these MAGA Republican sycophants are MAGA Republican sycophants. So Donald Trump goes and he talks about this agreement with the United Kingdom. We've reached a comprehensive deal, like Spencer Kimian says it right after four weeks of negotiating with our closest ally, the UK whom we run a trade surplus with. All we were able to accomplish was a continuation of the 10% tariff rate with them. How are we going to possibly negotiate anything substantive with China, Europe, Mexico, Vietnam, Taiwan, et cetera? The gimmick president is doing gimmicky things and meanwhile our economy will pay the price for his desire to see himself on tv. Max Kennerly explains. Ruth will chuckle over how this trade deal will cement the relationship with the United States and the UK for many years to come. We already had a trade deal with the United Kingdom and the other countries to Trump threw them all out the window. Nobody's going to believe these deals are permanent either. Trump broke that also Trump's approval plummeting and breaking Trump's net approval job rating has dropped seven points since April 15, according to the Cook Political Reports. New political tracker the European Union launching a WTO World Trade organization complaint against US tariffs, and they're preparing countermeasures on up to 95 billion of euros of US imports in response to US tariffs, while Moscow and Beijing intend to ramp up their cooperation in order to decisively counter U.S. efforts to contain them both. That's where we are right now, folks. Will keep you posted with more here on the Midas Touch Network. Now hit subscribe and let's get to 5 million subscribers.
Midas Touch Host
Can't get enough Midas? Check out the Midas plus substack for ad free articles, reports, podcasts, daily recaps from Ron Filipkowski and more up for free now@midasplus.com.
Podcast Title: The MeidasTouch Podcast
Episode Title: Trump Spirals in Morning Over Terrible News
Release Date: May 9, 2025
Hosts: Ben, Brett, and Jordy Meiselas
Duration: N/A
In this episode of The MeidasTouch Podcast, the Meiselas brothers delve into the latest developments surrounding former President Donald Trump. Titled "Trump Spirals in Morning Over Terrible News," the episode provides a critical analysis of Trump's recent actions, statements, and their implications on the current political and economic landscape. The discussion is characterized by the brothers' trademark blend of humor, insightful commentary, and steadfast support for democratic principles.
The episode kicks off with a detailed rundown of Donald Trump's latest public outbursts, where he blames former President Joe Biden and Transportation Secretary Pete Buttigieg for ongoing air traffic control issues and massive airport delays.
Political Commentator:
"Another total meltdown from Donald Trump this morning, blaming air traffic control problems and massive delays at airports on former President Biden. Yep, we're well over 100 days now into this disastrous Trump regime..." [00:28]
The commentator criticizes Trump's inability to take responsibility, labeling him as acting like a "petulant little three-year-old bully" [02:15]. This portrayal emphasizes Trump's continual deflection of blame onto Biden's administration despite the administration's handling of air traffic issues.
Trump's recent attack on Jerome Powell, the Federal Reserve Chairman he appointed, is scrutinized next. Trump labels Powell a "fool" and claims he "doesn't have a clue," contrasting this with his own assertions of economic improvement.
Political Commentator:
"Donald Trump goes quote 'too late,' end quote. Jerome Powell is a fool who doesn't have a clue. Other than that, I like him very much!" [03:45]
Despite Trump's proclamations of declining oil and energy costs, reduced grocery prices, and low inflation, the commentator disputes these claims with on-the-ground realities:
Political Commentator:
"Their MAGA mush brain cult mindset goes 'Oh, Donald tells me prices are lower.' We all know that inflation is rising. Why? Because if we go into the grocery store... we see the prices going up." [04:30]
The discussion shifts to the broader economic impact of Trump's policies, highlighting rising inflation, increased mortgage rates, and decreasing home affordability. The commentator underscores the discrepancy between Trump's rhetoric and the actual economic hardships faced by Americans.
Political Commentator:
"We know that we're worse off right now under Donald Trump. So when he goes enjoy, and then the juxtaposition of Donald Trump saying enjoy, let them eat cake while he's out there doing deals..." [05:10]
Trump's attempts to negotiate trade deals are critiqued as superficial and ineffective. The episode highlights Trump's recent agreement with the UK, which only resulted in a minimal reduction of tariffs on Range Rovers, questioning the substance and long-term benefits of such deals.
Political Commentator:
"He talks about this agreement with the United Kingdom. We've reached a comprehensive deal, like Spencer Kimian says... All we were able to accomplish was a continuation of the 10% tariff rate with them." [10:00]
The commentator further points out the repercussions of Trump's trade policies, including the European Union's WTO complaint and increased cooperation between Moscow and Beijing to counter U.S. efforts.
The episode sheds light on the internal conflicts within the Republican Party, particularly among MAGA Republicans. The U.S. House's failed attempt to rename the Gulf of Mexico to the Gulf of America is used as an example of misplaced priorities over substantive policy-making.
Political Commentator:
"The U.S. house voted 211 to 206 to approve legislation to rename the Gulf of Mexico to the Gulf of America... There are 12 separate bills as well circulating in the House to rename things after Donald Trump." [11:30]
This segment underscores the disarray and lack of cohesive strategy among MAGA Republicans, contributing to legislative stagnation and further economic instability.
Trump's declining approval ratings are analyzed, with references to recent data showing a significant drop since April 15, attributed to his handling of the economy and broken promises.
Political Commentator:
"Trump's approval is plummeting... his net approval job rating has dropped seven points since April 15, according to the Cook Political Reports." [12:00]
The episode features commentary from former Vice President Mike Pence, who openly criticizes Trump's policies and rhetoric, particularly the detrimental impact on the economy and misleading statements about children's toys.
Political Commentator:
"Even former Vice President Mike Pence has been out there saying, what in the world are these Trump people doing? Y'all are killing the economy right now." [09:28]
The Meiselas brothers conclude the episode by urging listeners to recognize the ongoing crises facing the country, driven by Trump's actions and policies. They emphasize the need for accountability and leadership to steer the nation back to stability and prosperity.
Political Commentator:
"Let's just recognize what the hell is happening in our country and say, this is not America, dammit." [05:45]
Political Commentator:
"Donald Trump is basically straight out of that movie I've been talking about, don't look up. Don't look up. As the asteroid is coming." [06:00]
Political Commentator:
"These aren't random symptoms. Your gut impacts everything from your digestion to your brain function to your energy levels." [07:00] (Note: This quote is part of an advertisement and is excluded from main content)
Political Commentator:
"Our economy will pay the price for his desire to see himself on tv." [12:45]
The MeidasTouch Podcast episode "Trump Spirals in Morning Over Terrible News" offers a comprehensive critique of Donald Trump's recent actions and their negative impact on the American economy and political landscape. Through incisive commentary and the hosts' engaging banter, listeners gain a clear understanding of the current challenges and the necessity for effective leadership to restore stability and uphold democratic values.
Note: Advertisements and promotional content embedded within the transcript have been excluded from this summary to maintain focus on the episode's core discussions.