MeidasTouch host Ben Meiselas deconstructs the Fox News propaganda which tries to hide Trump’s collapse of the markets and economy. BambooHR: Check it out yourself with a FREE demo at https://BambooHR.com/FREEDEMO Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
Chapter 1: What economic collapse is Fox News trying to hide?
State regime media known as Fox is in free fall as it tries to brainwash its audience into not blaming Donald Trump on the economic collapse that is now taking place. Bond markets are collapsing. The dollar is crashing. The 10 and 30-year treasury yields are rising to levels that we haven't seen in quite some time. Now, state regime media known as Fox wants to blame it on former President Biden.
Let's deconstruct the propaganda machine that is Fox, aka state regime media, and show you what they were doing last night, for example. Laura Ingraham devoted basically her entire show to blaming the economic collapse on former President Biden.
She brings on people who masquerade as economic specialists, and they say, yeah, well, we actually can see that the Atlanta Federal Reserve predicts GDP contraction in quarter one, but obviously that's because of former President Biden.
Yeah, yeah, yeah, that's why. Here, play this clip. Well, first of all, it means President Trump and his administration are doing what they ran on, and the people voted for it. And so they understand that he's executing what he said he's going to do. Now, I think if it gets out of control at some point, things
Things can change and there are some things looming and coming up like the GDP now forecast from the Atlanta Fed, which is usually deadly accurate. They say we're going to have a two and a two and a half point negative GDP. But that will be for the first quarter and that will be mostly on the last administration, not this administration. But right now he's in good shape.
You know, you see how they say it with this degree of certainty and they present themselves as though they're experts. You know, here on the Midas Touch Network, we come with receipts and we want to provide you with objective data.
So let's look at what the Atlanta Federal Reserve actually predicted and projected previously before Donald Trump imposed tariffs against the world and then took them off and put them on and took them off and put them on, then raised the tariffs against China to 145% and created an effective tariff rate when you blend the entire world together now at somewhere around 25%. Take a look right here.
Originally, if Donald Trump did nothing and just let former President Biden's economy go on overdrive where there was GDP growth quarter after quarter, we were expecting 3.9% GDP growth in quarter one under Donald Trump. Then Donald Trump started messing with things and it was a lower to 2.3%, but still growth. Donald Trump started messing with things and then the Atlanta Federal Reserve projected
a 2.8% contraction or negative 2.8% GDP. And now they projected negative 3.7% GDP or somewhere between negative 3.7% GDP and negative 2.8% GDP. Those are the facts. That's the objective data. Had Trump done nothing, he could have taken credit for former president Biden's economy and gotten like 4% GDP growth. He crashed it. And you can see it right there in the chart, how he crashed it.
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Chapter 2: How does Fox News blame President Biden for the economic issues?
It is true. We believe that there could be several deals very soon. More than 75 countries have reached out to the administration. More than 15 offers are on the table. And the president's trade team and the president himself are working very hard to negotiate tailor-made trade deals with every country that has reached out.
No other president has had the courage to fully use the leverage of the United States of America, not just our economic might, but our military and national security might as well.
Again, so utterly pathetic. I'm going to show you one more clip of Caroline Levitt, and then I will not show you any others right now because I can't tolerate it. But I got to fact check it. I got to show you what they're doing right here. Here, Caroline Levitt's like, our phones are ringing off the hook as countries are calling us. Play this clip.
And now the rest of the world is calling our administration. The phones are ringing off the hook because they need the United States of America, not just our economy and our market, but they need us to continue providing peace around this world. And they know that they are indebted to us for the stability that we have provided in their own countries for decades.
And the president has made that very clear that the American people are finally going to have the front seat at the table and thank God for it.
Remember what Donald Trump said, why he's doing this? He said he was doing this because he wants countries to kiss his ass. Remember, that's what he said when he was speaking before the National Republican Congressional Committee, the NRCC. Remember, he was doing that dinner and he was, everyone's calling me to kiss my ass. That's what this is all about. The authoritarian playbook.
Break the economic order down. Create disorder. Create suffering here. Make corporations beg you for exemptions. Make people beg you for breadcrumbs and handouts. Make the world come and beg you. But I'll tell you what's happening. The resistance and opposition here in the United States is growing. Corporate America is getting very pissed at Donald Trump, finally.
And we're seeing countries across the world unite with each other, forming alliances that isolate and alienate the United States, viewing the U.S. as this pariah state, a weirder version of North Korea that still has a lot of economic power based on its history, but is volatile. That's why you see the 10 and 30-year treasury yields going up.
Our notes are not worth a lot anymore like they used to because people see it's an incredibly volatile market based on the whims of an authoritarian leader in Donald Trump and an idiot one at that. Sorry. Kayleigh McEnany right here, Donald Trump's former press secretary. She is a host on Fox. And again, this is the type of North Korea style crap that you see play this clip.
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