Trump Wakes Up to Morning Disaster of His Own Making

Summary

The MeidasTouch Podcast: Episode Summary

Title: Trump Wakes Up to Morning Disaster of His Own Making
Release Date: February 27, 2025
Host: MeidasTouch Network (Ben, Brett, and Jordy Meiselas)

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Introduction

In the February 27, 2025 episode of The MeidasTouch Podcast, the Meiselas brothers delve into a comprehensive analysis of the current political and economic climate under Donald Trump's administration. The discussion intertwines sharp political commentary with insightful analysis, highlighting the multifaceted challenges facing the United States.

Economic Turmoil Under Trump

The episode opens with a critical examination of the latest economic indicators, emphasizing a worrying spike in jobless claims. The Political Commentator (PC) presents data indicating that 242,000 jobless claims were filed last week, surpassing economists' expectations of 220,000 claims. This increase represents a significant rise of 22,000 from the previous week, signaling potential instability in the U.S. labor market.

Notable Quote:

PC [00:54]: "Donald Trump woke up to disasters that he created and that he is continuing to create in the United States of America and throughout the world." (00:54)

The commentators discuss CNN's reference to the "Doge effect" as a metaphor for widespread job losses, linking it to declining consumer confidence and decreased spending. Major corporations like WPP, Domino's, Krispy Kreme, and Bed Bath & Beyond are experiencing significant stock declines, reflecting broader economic pessimism.

Trump's Political Maneuvers and Economic Policies

The conversation shifts to Donald Trump's actions amid the economic downturn. The PC criticizes Trump's efforts to engage his base through questionable means, such as emails promoting his MAGA ambassador program. These efforts are seen as distractions from the pressing economic issues, including rising unemployment, housing affordability crises, and inflation.

Notable Quote:

PC [02:30]: "Donald Trump is sending emails like this to his supporters... while he's crashing the economy, causing you to lose your job, making housing less affordable and prices are surging." (02:30)

The PC also highlights Trump's administration's regulatory rollbacks, particularly targeting the Consumer Financial Protection Bureau (CFPB). By dropping legal actions against firms like Capital One, the administration is perceived as weakening protections against corporate malpractices, further endangering consumers.

Notable Quote:

PC [03:45]: "Donald Trump is also destroying enforcement against fraud. The CFPB was likely helping you and stopping corporations from cheating you." (03:45)

Impact on International Relations and Trade

The episode delves into the broader international repercussions of Trump's policies. Notably, the administration's approach to trade with Canada and Mexico is scrutinized. Trump's threats to impose additional tariffs on these countries, alongside doubling tariffs on Chinese imports, are portrayed as contributing to global economic uncertainty and retaliatory measures from trade partners.

Notable Quote:

PC [05:10]: "Donald Trump plans to impose tariffs on Canada and Mexico starting next Tuesday, in addition to doubling the 10% universal tariff charged on imports from China." (05:10)

This tariff threat is connected to ongoing issues such as drug trafficking, with Trump attributing much of the fentanyl crisis to imports from China while overlooking America's role in exporting firearms to Mexico.

Medicaid Cuts and Budget Proposals

A significant portion of the discussion focuses on the Trump administration's budget proposals, which include $4.5 trillion in tax cuts for billionaires and $800 billion in cuts to Medicaid. The PC criticizes the administration for prioritizing the wealthy at the expense of essential social services, arguing that these cuts will disproportionately harm low-income Americans.

Notable Quote:

PC [06:50]: "The budget will give $4.5 trillion in tax cuts for billionaires, $800 billion in cuts to Medicaid. The billionaires get tax cuts, you get your Medicaid cut." (06:50)

The PC accuses MAGA Republicans of deliberately misleading the public about the nature of these cuts, painting a bleak picture of reduced government support and increased economic disparity.

Cancelation of FDA Meetings and Public Health Concerns

The Trump administration's cancellation of an upcoming FDA Vaccine Advisory Committee meeting is another focal point. This move is criticized for potentially hindering the production and distribution of flu shots, exacerbating public health challenges during an already strained pandemic period.

Notable Quote:

PC [07:35]: "The Trump administration has canceled an upcoming meeting of the FDA's Vaccine Advisory Committee... complicating efforts to produce flu shots in time for the upcoming flu season." (07:35)

Canadian Boycotts and Economic Fallout

The discussion highlights a significant shift in Canadian consumer behavior, with 85% of Canadians reportedly seeking alternatives to U.S. goods. This boycott trend is attributed to political tensions and is expected to have detrimental effects on the American economy, already grappling with some of its lowest home sales figures.

Notable Quote:

PC [04:51]: "It's probably closer to 100%. Now we're finding out that number is about 85% of Canadians do not want to buy American stuff at grocery stores." (04:51)

Andrew Tate Controversy and Political Fallout

In a surprising turn, the episode addresses the release of Andrew Tate from Romania to the United States. The PC explains that this move follows lobbying by the Trump administration, which angered Florida Governor Ron DeSantis. DeSantis publicly condemned the decision, emphasizing Florida's stance against Tate's alleged misconduct.

Notable Quote:

PC [10:50]: "Donald Trump administration is a big fan of [Andrew Tate], because, you know, that's the type of stuff that Donald Trump would..." (10:50)

Governor DeSantis expressed frustration over the lack of communication regarding Tate's release, asserting that Florida does not welcome individuals involved in such serious allegations.

Notable Quote:

Governor DeSantis [11:53]: "Florida is not a place where you're welcome with that type of conduct in the air." (11:53)

Closing Remarks and Call to Action

The episode concludes with a call for listener engagement, encouraging the audience to subscribe and support the podcast's growth. The Meiselas brothers emphasize the importance of informed political discourse and the role of their platform in fostering a deeper understanding of democracy and governance.

Notable Quote:

PC [15:51]: "What the hell?" (15:51)

Conclusion

This episode of The MeidasTouch Podcast offers a critical and in-depth analysis of the current administration's policies and their widespread implications. By addressing economic data, regulatory changes, international trade tensions, and high-profile controversies, the Meiselas brothers provide listeners with a comprehensive overview of the challenges facing the United States under Donald Trump's leadership. The blend of humor, brotherly banter, and serious discourse underscores the podcast's unique approach to political commentary.

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Transcript

[Podcast Host]

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[Political Commentator]

Ads Donald Trump woke up to disasters that he created and that he is continuing to create in the United States of America and throughout the world. We woke up this morning learning that jobless claims spiked in a worrisome sign for the US labor market. There were an estimated 242,000 jobless claims filed last week, according to seasonally adjusted data released Thursday by the Department of Labor. And who even knows now if the Department of Labor is giving all of the accurate data may be far more than that. That's an increase of 22,000 from the prior week's tally and a figure that landed above economists expectations for 220,000 claims. Now one of the things that CNN is saying is this part of the Doge effect, which is now synonymous for job losses. Also, we saw WPP, a major advertising firm. Their stock plunged 16%. It's screaming downturn after Domino's. Krispy Kre, Bed Bath beyond and others have a significant warning that consumers are now spending far less as they are terrified in a Donald Trump economy. What is Donald Trump doing while all of this is taking place? He's making matters worse. He's sending emails like this to his supporters. I subscribe to the email so you don't have to Immediate action required. Donald Trump writes, It is obvious how passionate you are about saving the America we know and love. That's why I just selected you to represent your state as an ambassador for maga. Please complete my official Trump Flash poll before it closes at midnight. If you want to become a official MAGA ambassador, when you click that link, it then brings you to a page where Donald Trump tries to grift off you and make a bunch of money off of you while he's crashing the economy, causing you to lose your job, making housing less affordable and prices are surging. Donald Trump took a good economy. He was handed over by former President Biden, and he is absolutely crushing it right now. One of the things we learned as well is that Donald Trump is also destroying enforcement against fraud. The United States Consumer Financial Bureau, the CFPB on Thursday dropped its legal action against Capital One, which the agency had accused last month of cheating consumers out of more than $2 billion in interest payments on savings accounts. This is part of the effort by Elon Musk and Donald Trump to gut an agency that helps people. Whether you're in red states, blue states, purple states, whatever, the Consumer Financial Protection Bureau was likely helping you and stopping corporations cheat you and and remember Elon Musk posted CFPB RIP and then they went on and attacked it. And then a federal court issued an injunction basically stopping the Trump administration from gutting the cfpb. Then the Trump administration filed paperwork in court lying and saying, oh, we're not gutting it, we're just trying to streamline things. And I guess by streamline it, they mean helping fraudsters. One of the things we just learned as well this morning, the disasters of Trump's own making, is that the Trump administration has canceled an upcoming meeting of the Food and Drug Administration's Vaccine Advisory Committee, a move that could complicate efforts to produce flu shots in time for the upcoming flu season. One of the things we're also learning is by Canada Buy America, as Bloomberg reports, grocery stores are promoting in Canada are promoting homegrown produce to consumers as 85% of Canadians now hunt for alternatives to U.S. goods.

[Health Expert]

Remember a few weeks back when some.

[Political Commentator]

Of the press was reporting all the boycotts, 10% or 20% of Canadians? I said, I speak to Canadians every day. The Midas Touch network is the most widely downloaded podcast right now in all of Canada. And I said, I bet you that boycott is more than 50%. I said, it's probably closer to 100%. Now we're finding out that number is about 85% of Canadians do not want to buy American stuff at grocery stores. Think about when that starts to hit the American economy. It already is one of the numbers that is now the lowest number ever. US Pending home sales. The lowest number ever. Didn't Donald Trump say he was going to make housing more accessible, housing more affordable? And just think about it. That's something he could have jumped in, actually said he was going to do it on the campaign. You do that. But no, now you're focused on a budget that will give, what, $4.5 trillion in tax cuts for billionaires, $800 billion in cuts to Medicaid. So the billionaires get tax cuts, you get your Medicaid cut. And then you also get the MAGA Republicans to lie to you and say, oh, it doesn't say anything about cutting Medicaid. It doesn't say anything about that at all. But then it actually says $880 billion cuts to the Energy and Commerce Committee's portfolio, to which the biggest thing is Medicaid. And you can't cut $880 billion from the energy and Commerce's portfolio unless you basically get rid of Medicaid. So they take your Medicaid and then they lie to you because they think you're stupid. And that's what they think. That's why they are now canceling the town halls. The message from GOP leadership right now, maga, Mike Johnson and Donald Trump, stop with the town halls. That's the order. That's the directive, that it's a bad look for the MAGA Republicans, stop these town halls. So what does Donald Trump do with all this news that the economy is tanking, that the markets are volatile, that housing is as least accessible as it's ever been, ever? Here's what Donald Trump does. Trump makes a truth social post this morning, saying that he plans to impose tariffs on Canada and Mexico starting next Tuesday, in addition to doubling the 10% universal tariff charged on imports from China. Now, if you've been confused, he said there was going to be tariffs and then no tariffs. What is this even about? Was there tariffs? Well, he did steal tariffs, like last week or two weeks ago. These specific tariffs are the one from about, remember 30 days ago or so, Donald Trump threatened that he was going to impose the tariffs, that he made the fake deal with Prime Minister Trudeau and then President Claudia Scheinbaum of Mexico, Trudeau of Canada. Then they paused it for 30 days after they made the deal. Then Donald Trump says in a post, drugs are still pouring into our country from Mexico and Canada at very high and unacceptable levels. A large percentage of these drugs, much of them in the form of fentanyl, are made in and supplied by China. More than 100,000 people died last year due to the distribution of these dangerous and highly addictive poisons. Millions of people have died. So he says, based on, it's like no fentanyl coming in from Canada, by the way. Also United States consumers of fentanyl are part of the cause of it as well. I agree that it is coming from, that is coming from China. America exports its guns though, to Mexico and creates a much significantly dangerous situation in Mexico. But this is also why you can't make deals with Donald Trump. You make a deal with him 30 days ago, then he goes and breaks the deal right away and then he just creates all this volatility and uncertainty. So what we can expect is devastating retaliatory tariffs right now from Mexico, from Canada, against the United States. And the rest of the world is going to be taking note as well again that you just can't make any deals with Donald Trump.

[Health Expert]

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[Political Commentator]

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[Health Expert]

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[Political Commentator]

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[Health Expert]

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[Political Commentator]

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[Health Expert]

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[Political Commentator]

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[Health Expert]

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[Political Commentator]

S oh by the way, what else happened this morning. Andrew Tate, who faced rape and sex trafficking charges in Romania, was released from Romania to go to the United States. This follows news that we reported on, what was it last week or two weeks ago that the Foreign Minister of Romania said this month that an official at the Trump administration expressed interest in the brothers case at the Munich Security Conference and would like to see the brothers be released and given to the United States not for prison, but to chill, to hang out in the United States with Alina Haba and others in the Trump administration who are like fans of, of this guy. This caught Ron DeSantis off guard and DeSantis was so after the Trump administration lobbied to get the alleged sex trafficking Tate brothers travel restrictions lifted to come to Florida. DeSantis is pissed and said nobody notified him. This happened moments ago.

[Health Expert]

Play this clip.

[Ron DeSantis]

Is he welcome here with the safety send back to Romania or whatever? We have no involvement in that. I read about it through the media. Clearly the federal government has jurisdiction whether they want to rebuff his entry into the United States. And I have confidence that whether it's Pam Bondi or Kristi Noem that they will be looking at that. I do know our Attorney General James Uthmeyer is looking at what state hooks and jurisdiction we may have to be able to deal with this. But the reality is, is no, Florida is not a place where, where you're welcome with that, with those, that, that type of conduct in the air. And I don't know how it came to this. We were not involved, we were not notified. I found out through the media that this was something that was happening.

[Political Commentator]

Okay, guys, and just so you can see, this is Donald Trump's top advisor, Alina Haba. Previously with Andrew Tate. Play this clip. Hey. Hello, Alina.

[Alina Haba]

Hi. Nice to meet you. I'm a big fan.

[Andrew Tate]

Well, nice to meet you. I'm a fan. You're the one saving Trump. You're doing more important work than me.

[Alina Haba]

America. America, not just Trump. And I agree with everything you just said. And I think that your anger is the same that President Trump has for our country. And the time is now for us to stop being wimps. I think that's exactly the right sentiment. And I also have to say that I sympathize with you because I think you go through a lot of the same. Show me the person. I'll find the crime that President Trump has gone through.

[Political Commentator]

And, and just so you know the type of guy who Andrew Tate is, or I shouldn't even call him that. Here is what he Said about how he takes girls, this is his own words, who don't have the will. And he puts them on webcams and takes 100% of their profit so they don't run away. Play this clip.

[Andrew Tate]

And I became a multi millionaire. I did this by creating a webcam studio, by taking girls who didn't know how to be effective on webcam, girls who had never done webcam before, girls who didn't have the equipment, didn't have the know how, didn't have the will, didn't have the premises, didn't have the ability to make money. With this exchange, I created a system that allowed me to convince girls to do this, allowed me to retain 100% control of their income, allowed me to make sure they were effective because it's a super competitive industry. Don't think this is easy money. You're just going to put a girl on the camera and they're going to get rich straight away. No, it's very competitive and it's very difficult. I learned every tip and trick it takes to make sure a girl gets paid. I know how to make sure the girl can't run away. Because once you teach a girl how to do this, she has the ability to make unlimited money from home. Why would she still give it to you? Why don't you just run off and keep it all for herself? Why are you getting your percentage? I learned how to do everything that to take a nobody and make her a somebody. I learned how to take a nothing, turn her into a cash cow. And Betas from all across the world would be sending money into her. My bank account. This is what webcamming is.

[Political Commentator]

So that's who the Trump administration is a big fan of. And, you know, because, you know, that's the type of stuff that Donald Trump would, you know, I mean, what did Trump say? I mean, Trump would say that the most courageous thing he ever did was grab women by their. Was. Was when he called grabbing women by their genitals without their consent. Locker room talk. He said that's the most courageous thing that he did. Remember when Donald Trump said that. Here, play this clip.

[Donald Trump]

But I went onto that stage just a few days later, and a general, who's a fantastic general, actually said to me, sir, I've been on the battlefield. Men have gone down on my left and on my right, I stood on hills where soldiers were killed, killed. But I believe the bravest thing I've ever seen was the night you went onto that stage with Hillary Clinton after what happened. And then that woman asked you the first question about it and I said locker room talk. It's locker room talk.

[Political Commentator]

What the hell?

[Donald Trump]

What are you talking Locker room talk. That was not a great.

[Political Commentator]

Again, so, so utterly pathetic. Well, let me know what you think. Hit subscribe let's get to 5 million subscribers. Thank you for watching. Can't get enough Midas? Check out the Midas plus substack for ad free articles, reports, podcasts, daily recaps from Ron Filipkowski, and more. Sign up for free [e-mail].

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