MeidasTouch Full Podcast - 5/1/26

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The MeidasTouch Podcast 1h 24m 6 speakers 8 chapters transcribed 4 months ago
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What warning did Iran issue to Donald Trump and what are the implications?

Brett Meiselas 0:00
No escape for Donald Trump. He can rant and rave like a lunatic on social media and claim that he's utterly defeated Iran, but no one's buying it. Donald Trump has no way out right now. He's too scared to escalate. He's too incapable of negotiating. And so right now, the Trump regime has no plan at all other than to post weird images ai memes of himself with ar-15 style rifles and just behaving like an utter maniac and no more mr nice guy he says while iran is continuing to mock him also we heard from the new ayatollah munjab earlier who stated that iran will never surrender and that the only place that the us will end up if they continue its blockade is on the bottom of the water. I don't think that they are backing down to Donald Trump's naval blockade.
Brett Meiselas 0:59
But Donald Trump told us they were going to be blown up and destroyed anyway by Wednesday. That didn't happen. So I guess we'll just see what lies Donald Trump feeds to his stenographers over at Axios tomorrow, which is always market manipulation Friday. Also, we saw Donald Trump's just completely bizarre behavior with King Charles during that visit. King Charles gave that, I thought, a pretty powerful speech to a joint session of the House and the Senate where he talked about certain things in code where he was obviously calling out Donald Trump. He was saying, when America speaks, its words still matters. He talked about the importance of supporting Ukraine and NATO and other topics that Donald Trump seemed really to only care that King Charles was there
Brett Meiselas 1:48
And if you know Donald Trump's history, it was basically spending the 80s and 90s lying that the royal family loved him. And the royal family would always have to say, yeah, this guy's a con artist and he's a fraud. We had Pete Hegseth's testimony in both the House and the Senate. In my opinion, dude perjured himself. multiple times but just looked even more pathetic and petty if that's even possible then you have pam bondi former attorney general uh after she avoided a subpoena not to appear before her deposition last month before the house oversight committee democrats stayed on top of this issue and uh After filing contempt charges, she finally agreed that she'll be sitting for a deposition at the end of May.
Brett Meiselas 2:33
It's why you got to keep on fighting, right? I mean, think about it. California Governor Newsom fought back against the MAGA Republican gerrymandering scheme, then used Prop 50 to counteract Texas, and that inspired Virginia and other places across the country. Not only that, you may have forgot this. Remember when Newsom sued Fox? for manipulating audio and video regarding Newsom's conversations with Trump. Remember when Fox was working with Trump to claim that Newsom was not saying things that he actually was doing and just completely manipulated and actually altered conversations and chopped it up? remember newsome then sued uh fox uh for 787 million dollars where a federal court said the case can proceed to discovery so now newsom gets discovery into fox and their messages and their emails and what they're saying with trump and how their hosts are coordinating with them i

How are rising oil prices affecting the American economy?

Brett Meiselas 3:31
I just want you to think about what a powerful device is. And that's why you fight. You gotta fight. You gotta pull it all out there. When you fight, you win. I remember a lot of people saying, oh, it's a stupid lawsuit. Why would you even file it? Prop 50, it's never gonna pass. You just gotta do it sometimes. You gotta fight. You gotta stand up for what's right. So hat tip to Newsom. We'll talk about that. Meanwhile, the American people are still feeling the pain in a very big, big way. We're seeing the price of crude hitting record highs, over $120 per barrel, actually reaching the highest prices throughout the war. We saw a GDP Q1 numbers came in, growth at 2%. That was under the estimates of 2.3%. Inflation, PCE, continues to rise at an elevated level at 3.5%, with the core PCE inflation at 3.2%.
Brett Meiselas 4:30
But the Federal Reserve is saying, look, we can't lower interest rates anytime soon right now.

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