Chapter 1: What are Donald Trump's latest false claims about the economy?
Donald Trump continues to defraud the American people about the economy and basically everything else. Donald Trump is selling out Ukraine and being a Putin bootlicker. Donald Trump is bragging about building a 100-foot flagpole in front of the White House as he was wandering around the North Lawn earlier this week. Donald Trump is attacking Canada on the eve of their elections next week.
And shock, shock, Donald Trump's approval is plummeting, not just in the Pew Research poll, but in the most recent Fox poll. He's underwater even on the issue of immigration issues. in the Fox poll and his approval on the economy is like 37%.
When you dig deeper into the cross tabs, he's doing horrible amongst young people and the Latino community, which he relied a lot on in the most recent election. Let's talk about that and more on the Midas touch podcast. I'm Ben Micellas joined by Brett. Jordy is not going to be able to be here today. He's on father duty, but you got Brett and myself today. Brett, how are you, sir?
i'm doing well ben great to be here with you great to be here with everybody out there watching and listening whether it's apple podcast spotify youtube wherever it is great to be speaking with you really feels like penn in the past even just 24 hours even if that the level of desperation from donald trump has ratcheted up we are seeing just these unhinged posts like like we're used to the unhinged post don't get me wrong but they've really ratcheted up because i think trump is looking at the data he sees what people
Think about him. He sees all these losses in the court. He sees himself being humiliated by Putin, by Xi Jinping, and his back is against the wall right now, and he's trying to do everything he can to dig himself out. Apparently, the only way he knows how to do that is by sending a mean tweet.
It just really upsets me that the Republicans fell for this so much that Donald Trump was able to elevate to these positions of power because these cowards in the GOP We're scared, oh, and Donald's gonna say something bad about me. You know who doesn't give a crap though, Ben?
China, Russia, anybody else in the world who is currently laughing at Donald Trump, laughing at the United States, mocking his quote unquote negotiating tactics as the world finds other partners and moves on without the United States. It is really a sad state of affairs. I'm excited to break it all down right here on the show. I know we got a lot to discuss, so I'll toss it right back to you.
Tariffs on, tariffs off.
I'll huff and I'll puff and I'll blow your house down. Okay, I'll give you an extension. Okay, I'll take away the tariffs. No, I'm going to put the tariffs back down. Okay, I'm going to take away the tariffs. All right, people just look at him like a psychotic madman because that's what he is. Let me tell you what he really is also. He is a felon 34 times over. He's a criminal. He's a fraud.
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Chapter 8: Who are the hosts and how do they analyze Trump's presidency?
And then they kind of wait for Trump to make one of these announcements, which are fraudulent announcements. that things are going great, things are happening, they're going well, and then the market bounces and it bounces, and then overall on a trend, it goes down. What we focus on here on the Midas Touch Network is I wanna look at what's happening with freight volumes, with trucking volumes.
I wanna take a look at shipping vessels Trans-Pacific shipping vessels. And I want to determine what the blank sailing situation is, right? That's when vessels are being canceled. So when I see trucking volumes starting to hit COVID level situations, when vessels are being canceled, when freight volumes are going down, down, down, and then I'm listening to CEOs from Walmart,
and target and home depot and others who are saying we're not going to be able to keep supply on our shelves i know that we're heading for a summer of scarcity your air conditioning breaks there's no parts for your ac you're not able to get school supplies you struggle to get the toilet paper again everyday products which we rely upon
in the $2 trillion of annual trade with China stop reaching our shores. Now, corporations have stockpiled, businesses have stockpiled certain resources, not to even mention rare earth minerals, which power so much of our modern technology, which China has fully cut off. Corporations have something stockpiled, but that stockpile is getting less and less and less.
And how do I know that they're saying it? The data that's out there, they are communicating red alert, red alert, red alert. If this isn't resolved right away, there's going to be massive issues. You know, you have Brett, the CEO of Southwest, saying the airline industry is already currently right now in a recession. Right.
that's what they said in a recession right now and i've heard that on a lot of these investor calls that i listen in on and so right now the market which is down significantly since trump took office but when it has its days that go up it's reflective to me of exactly what trump did yesterday with his meme coin the parallels are right there right what trump do with his meme coin
Trump put out a notice on TrumpMemes.com or whatever the hell it's called that the top 220 meme holders of his meme coin or whatever the hell you call it gets to meet with him personally and that you get to sit with the president basically. So on that announcement, what happened to the meme coin? It went up 71% and then went back down again.
And remember when that meme coin was announced right before inauguration? It went up crazy amounts. And Trump makes money on the transaction fees. They make money when there's transactions. They basically get commissions off the deals, whether it goes up or down. And so you had that take place. At the same time, our economy looks like a massive pump and dump right now, Brett.
And what was Donald Trump saying over in the Oval Office meetings today and yesterday? What was he talking about? Attacking Greenland, attacking Canada. Let me show you the clip right here of Trump saying, we want Greenland. We want to take over Greenland. I think this one was from earlier today. Let's play.
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