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The MeidasTouch Podcast

MeidasTouch Full Podcast - 3/31/26

31 Mar 2026

Transcription

Chapter 1: What are Donald Trump's recent claims about negotiations with Iran?

0.537 - 24.205 Ben

Donald Trump's disastrous, unlawful and catastrophic war in Iran continues to spiral out of control. It's Monday, so it's market manipulation day. But Donald Trump's ability to manipulate the market by claiming he's been involved in negotiations with Iran just ain't really working. anymore. In fact, the Iranian leadership is now saying, don't listen to him, do the opposite of what he says.

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24.326 - 37.868 Ben

He's just going to try and manipulate the market. And they, in Iran, continue to mock Donald Trump and his regime. Donald Trump, again, started pretending that he was having all of these negotiations with

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37.848 - 56.194 Ben

iran he said that they agreed to most of the 15 points in the 15-point negotiation plan then iran quickly countered and said we're not agreeing to any of these terms we put forward our non-negotiables a while ago we're not even talking to the intermediary that the trump regime

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56.174 - 76.562 Ben

is trying to use they want to use pakistan and yes donald trump rushed to pakistan to convey a message to iran which was delivered but iran said we've made our position very clear publicly of what would be required to end this war there has to be full reparations we get to control the strait of hormuz we

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Chapter 2: How is Trump accused of market manipulation in relation to Iran?

76.542 - 99.73 Ben

never will talk about ever disarming when it comes to ballistic missiles and Shahid drones. We need to make sure that there are firm security guarantees for Iran, for Hezbollah, for the Shiite militias in Iraq, for the Houthis and other proxy groups of Iran. And we want American and Israeli military bases out of the region.

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100.09 - 112.425 Ben

Unless those threshold matters are agreed to, we have no interest in even having a negotiation to begin with, and we're not engaging at all with Trump's 15-point framework. It's a fiction. We're not talking about it.

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And then Iran continued to retaliate from the strikes against it by the United States and Israel by targeting areas in Iraq, in Erbil, by targeting the UAE, by hitting an oil depot in Haifa in Israel and other areas in Israel. by hitting Bahrain and Kuwait, a desalination and electrical facility in Kuwait. And so Iran still has a large portion of its ballistic missiles and Shahid drones intact.

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Chapter 3: What are the implications of Trump's threats against Iranian infrastructure?

144.783 - 154.858 Ben

And the war continues. So all of Donald Trump's claims, hey, we're right about to end it, we're about to You know, things are about to get better. No one believes him anymore. He's a total and utter liar.

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We're hearing from a lot of world leaders right now, like the German Chancellor Friedrich Merz, who says that the effect of the Iran war on Germany and Europe will be as serious as the COVID-19 pandemic.

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if it expands and obviously it is expanding italy's defense minister uh went on the record to say i'm forced to know things about what could happen in the coming week and the effects it will have on the economy and our daily lives that no longer allow me to sleep similarly south korea's president said today the world is in turmoil over the energy crisis the situation is so serious that it has even kept me up at night

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191.731 - 205.489 Ben

The immediate problem is grave enough, but the outlook ahead seems even more unstable. The situation is worse than expected. We'll talk a lot about what's going on in Trump's disastrous and catastrophic war in Iran.

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Chapter 4: How are European allies responding to Trump's actions in Iran?

206.03 - 226.605 Ben

We'll also talk about the fact that in the United States, while people are psychologically tortured living paycheck to paycheck, if they're lucky enough to get a paycheck in the first place, while inflation right now is surging, By all accounts, we're already in a recession and perhaps a great recession or something even worse. We're definitely in a jobs recession. No jobs are being created.

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226.665 - 245.377 Ben

People can't afford things. People can't afford their rent. We have some of the highest credit card delinquency rates, student loan delinquency rates. mortgage foreclosures in many, many, many years. We have the lowest consumer confidence. While all of that's going on here, Congress has decided to go and take a recess.

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Chapter 5: What challenges are faced by Karoline Leavitt in defending Trump's statements?

245.457 - 262.44 Ben

MAGA Republicans control the Senate and the House. They dipped out, by the way, we see lots of photos of them right now on vacation. I mean, I think we saw Lindsey Graham in Disney World with like a bubble wand and like partying it up over there. Weird, while the American people are struggling here,

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262.42 - 287.601 Ben

And before they left, the Senate was able to, on a bipartisan basis, pass a funding bill that would fund TSA, whereas in the House of Representatives, rather than just pass an identical bill and then put it on the president's desk, Donald Trump told the MAGA members in the House to vote against it unless more money was given to ICE and Border Patrol, even though they would have been funded hundreds of billions of dollars.

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So in the House, they basically blocked what was going on in the Senate. But in any event, Donald Trump signed an executive order saying that he would be funding TSA out of other funds that were appropriated for other reasons, which shows that if Donald Trump really wanted to in the first place, he could have funded TSA agents

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all of this time, but he was using them as pawns to make them suffer as part of some cruel and unusual game for the worst negotiator in history. And that's really what we need to be clear as well, that he's quite literally the worst leader, the worst negotiator, a destroyer and not a builder, a lifelong loser. It's why he's

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Chapter 6: What financial impact is the war in Iran having on the U.S. economy?

326.056 - 345.381 Ben

lost his whole life. He's never been a winner. He's just been a con artist his entire life. He's bankrupted this business, that business, and he's systematically doing it to the United States economy and to our alliances and to all of the things that made the United States strong post-World War II. One other point that we'll cover in this episode as well,

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Vladimir Putin sent a ship to Cuba loaded with a massive amount of oil, easily sailing through this so-called Trump blockade. You know how Trump has put this blockade and embargo on Cuba and all these other countries that wanted to deliver oil and supplies to Cuba, like Mexico and Colombia.

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366.202 - 374.71 Ben

They were interdicted and Donald Trump's ships or the United States ships said, get out or else we're going to like, whatever we'll get.

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374.69 - 400.863 Ben

uh go after you and donald trump signed an executive order on january 30th saying anybody who gives oil to cuba is going to face severe tariffs and severe sanctions it was executive order 14380 well after donald trump removed oil sanctions against russia where they're making billions of dollars a day as russian duma leaders like the russian senate Their top leaders were in Washington, D.C.

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Chapter 7: How is the situation in Iran affecting global oil prices?

400.903 - 421.703 Ben

last week, taking tours of our Capitol building, meeting with the State Department and meeting with MAGA Republican Congress members as we've learned more and more details about Russia supplying Iran with military equipment, weapons and the surveillance and information about where to target, including targeting the United States air bases.

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13 of them have now been evacuated by the United States military. A United States military base in Saudi Arabia was attacked by Iran using likely Russian equipment and Russian surveillance. A Boeing E-3 Century AWACS, the early warning aircraft, which was like the crown jewel of our Air Force, was destroyed. A bunch of the other KC-135 Stratotankers were destroyed.

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448.682 - 467.504 Ben

But we're rewarding Russia for helping Iran kill Americans and target the American equipment. They were brought over to have meetings with the State Department. More concessions were given. And then when Putin sailed his big ship, his big frigate over to Cuba with loaded with all of this oil, Donald Trump's like, all right, you can come through.

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467.584 - 471.127 Ben

You could come to Cuba and look, probably in addition to oil.

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Chapter 8: What are the long-term consequences of Trump's foreign policy decisions?

471.287 - 490.05 Ben

I mean, just knowing what likely goes down in situations, my guess would be Russia's probably providing weapons and Shahid drones and other things to Cuba to protect itself. And I just think back to like the Cuban Missile Crisis and all of these things like in our history or like America working with allies. Like right now, Russia has a firm presence in Cuba.

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We've removed the sanctions against Russia while Russia is out there helping Iran kill Americans and target American military equipment during the war. The Russian Duma members are meeting with MAGA Republican Congress members in the State Department. We're going to talk about all of this and more.

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504.77 - 511.279 Ben

I know it was a long freaking introduction, but if I didn't get through all of those points, I would regret it. So now I have no regrets.

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511.715 - 528.994 Brett

All good. There's a lot going on. You got to get it all out. It's good to be here, Jordan. I'm glad you have no regrets. That's always good. You got to start off the show with a clean slate. No regrets whatsoever. Donald Trump should have a lot of regrets because every decision that he has made has been a complete and utter disaster.

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529.034 - 541.468 Brett

And I'm sick of people pretending like it's anything other than that. You know, I saw a tweet earlier from Richard Stengel, the former undersecretary of state in the Obama administration. What he said really resonated with me.

541.448 - 560.571 Brett

He said, Trump, he, Trump, he is repeating every foreign and domestic policy mistake the United States has made over the last five decades, but he is doing it with a gracelessness, cluelessness, and corruption that has no precedent. And I think that sums it up perfectly.

560.551 - 586.66 Brett

right now and it's one of those situations where donald trump's lies are just not working the same way that they used to work and i've talked about this too months and months ago before this was even a thing before this war with iran was even a thing why because donald trump continuously falls into the same patterns whether he's scamming people in his businesses or whether he's doing anything in the government he does the same thing every single time

586.64 - 608.463 Brett

And so it wasn't exactly difficult to predict that he would spiral out like this. But eventually, as always, the truth catches up to you, just like any Ponzi schemer out there. Eventually, you run out of money and you get caught. Donald Trump right now is at that moment in his presidency, and that's why he is losing even his own MAGA base right now.

608.563 - 625.573 Brett

Even people who were supporters of Trump are furious about the situation, certainly not saying all of them, but a sizable enough portion of them that he should be very worried about his political prospects, the entire Republican Party, and his future as we head into the midterms.

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