Chapter 1: What recent foreign policy embarrassment involving Trump is discussed?
The war continues to rage in Iran. We saw the United States strike Bandar Abbas in Iran. We saw Iran respond by striking United States air bases in Kuwait. Yet the Trump regime claimed that there was a deal reached this morning. They leaked it through Barack Ravid of Axios. Then we learned, of course, There doesn't seem to be a deal cycle that we see happen over and over again.
Donald Trump's dark past continues to surface. He's surfacing it as he's completely losing control. He filed an amended complaint against the Wall Street Journal claiming that the love letter, or I should say the birthday card to Jeffrey Epstein for Epstein's 50th birthday was not actually sent by Donald Trump. He said, that's not my handwriting. I would never write such a thing.
And it's defamatory.
to even suggest it also we learned that donald trump uh trump's doj launching a criminal investigation into eugene carroll for the case that she won where trump was found civilly liable for sexual assault and there's a criminal investigation out of chicago into a survivor of donald trump it's so utterly sickening also pam bondi said to testify on friday although we don't believe
she will be testifying under oath or on video camera but we'll see about that also donald trump continuing to turn washington dc into this grotesque thing the ufc stage that's being built he's like changing golden horse statutes now he's doing like 23.4 karat gold or something there
a the asbestos hole that was the east wing it just looks gross when you see this overhead of the white house you're like what the heck is happening and to me this kind of reflects what's happened to our country right now what the american people are feeling is kind of what we're seeing right there in the oval office pce which is kind of the main fed metric on inflation rose to
3.8 percent the ability of americans to save money has significantly has significantly declined uh people are struggling right now while the trump regime continues to grift and crime over and over again we'll talk about some of the latest trump family griffs as well that and more on this episode of the midas touch podcast we got a lot to discuss so i just want to get into it right away brett and jordy how are you both doing
Doing great. It's great to be here, Ben. Great to be here, Jordy. Great to be here, Midas Mighty, for another episode of the Midas Touch Podcast. There's been so much news today to keep track of, so I agree, Ben. Let's get right into it. First, you know, I got to check in with Jordy. Jordy, what's up, man? How you doing?
Hey, brothers. Midas Mighty. Excited for today's show. If you can and you haven't already, please subscribe to the audio feed of this podcast. It's very helpful. Wherever you listen to podcasts on audio, subscribe to the Midas Touch Podcast. Benji, where are we starting off today, big brother?
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Chapter 2: How does Trump's Freedom 250 concert fiasco reflect on his administration?
Do we have the Barack Ravid post as well? Because when you break down what he says and the elements of it, yeah, it always has the two sirens, which you know are going to make it extra BSE. And then it says- Oh man, there are four sirens in this one. Let's not downplay it now. Four sirens in this one. It goes, the U.S. and Iran have reached an agreement.
Okay, so you read this first thing in the morning. Like, oh, we did? On a memorandum of understanding. Okay, so an agreement on a MOU for a 60-day ceasefire extension and the launch of negotiation on Iran's nuclear program. But Trump has not yet given his final approval. Two senior U.S. officials and a regional source involved in the mediation told me.
I don't even know how you can take such a statement like that seriously. enter into a memorandum of understanding which if entered into would provide for the possibility of a 60-day negotiating period to perhaps negotiate a deal regarding iran's nuclear enrichment I don't know what's confusing to you about this.
I mean, there's another possible framework of a concept of a memorandum of understanding for a deal that could or cannot be negotiated in the future. Alarm bell emoji! Alarm bell emoji! We did it!
corporate news man is just so human like how can he put that out there like with no shame like no like total like what embarrassment this is for actually well you know like the sequence of events also right you had the u.s striking bandara boss
iran responds so already the markets are looking shaky right heading into thursday then you get the pce inflation numbers which is like the main metric the feds use there's yes there's cpi consumer price index there's ppi producer price index which is like the wholesale price so right now cpi was at like 3.8 percent or so ppi was at six percent which is kind of an indicator because of hosts if wholesale inflation's at six guess where that gets passed on
to the consumer. So that CPI follows kind of the PPI usually. And then we got the PCE, we got today's, which is the kind of main metric of the Fed. And today we saw over here, the PCE inflation, the Fed's preferred measure that rose to 3.8%. And that seems to be ticking up about 0.2 to 0.3% month over month. And the Trump regime was like bragging about that. It was only 0.2.
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Chapter 3: What updates are there on Trump's connections to Epstein?
It wasn't 0.3. Lots of people said it was going to be 0.3. No, y'all said you were going to cut it in half and have no inflation, by the way. But just do the basic math. So if we're right now in May and every month it goes up by 0.2. Again, I'm not some crazy economist here. I'm not a Fed chair. I'm not a central banker. But if it keeps going up 0.2, what does that make next month?
four what does that make the month after that in july let's just say four two what does that make august four five what does that make september four seven four eight what does that make october four nine five so when i'm here saying i think we're gonna hit five percent pce or cpi i don't and when we hit it people are gonna be like shocked right
be like what how did this happen just do like literally the most basic math so that data comes out this morning by all accounts this should be really bad so then barack ravine post that story though and then the nasdaq and the s p and even the dow right that surges on that news that okay we're out of it and then the headlines are like it seems that we've made progress and i'm like
are you watching what actually is happening right now? Are you seeing that the US struck Bandar Abbas? Are you seeing that Iran hit a US air base in Kuwait? Are you seeing that Israel's escalating in Lebanon? That the entire city of Tyre, which in Arabic you call Sir, has been evacuated
and israel's just demolishing and leveling this historic city there as they're leveling beirut while netanyahu's bragging about controlling sixty percent of gaza and says we want seventy percent of gaza to continue the genocide while all of that's happening
our corporate news is acting like we've made it to some peace deal and the market and the markets are responding to that and then to me it's not a shocker that a few other things happen today donald trump
really was nowhere to be seen today like kind of nowhere to be seen and i think this is also related personally giving you my opinion to that highly suspicious trip he took to walter reed which they said was for dental work and his uh regular checkup that he now gets every six months and he said i'm in perfect health i'm gonna release immediately my health report it was just a social media post and then corporate news like he says he's healthy and
Donald Trump tested himself and he said he's healthy. But who is the person out there speaking today? Treasury Secretary Besant, right? Because market manipulation Thursday. So you have Besant out there. And to me, what Besant is doing is he's also signaling to the oligarchs Let's keep this thing going. Let's keep this thing going. Don't worry about all that news. Let's keep this thing going.
That's why I think they put him out there. I think was also to send coded message to the business community also, but I'm not trying to get conspiratorial here. So he goes up, he does the press conference today. No one knows where Trump was for most of the day. And then he goes, we succeeded. We changed the regime. Was regime change? Make this make sense, what he just said here.
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Chapter 4: What impact is rising inflation having on American families?
They're not having trouble communicating. I quite literally see them communicate. Every day, I can see the communication, and it's very clear. I see Ayatollah Mojtaba Khomeini's posts. I see the IRGC posts. I see the political side posts. Political side, MB Galibaf, Foreign Minister Aragchi. I know who those players are. The IRGC. I know Mohsen Reza. I know Ibrahim Azizi. I know who they are.
I follow what they're saying. I hear them speak. And then on the clerical side, I hear them. I hear them speak as well. I see the messages that they're posting and I see I do like there are some areas where there is disagreement.
where it seems some of the more irgc people don't want any deal they think that they've won so much that they should make no concessions the political people aragchi and mb galibaf they believe that they've made um They've improved the standing of Iran internationally. And that in and of itself is a win. And don't snatch defeat from the jaws of victory because the world views Iran differently.
So let's not entrench further. And then you have the Ayatollah as well. And the Ayatollah kind of sits above all of it and occasionally kind of chimes in with these kind of broad platitudes. But I see their statements every day. So that's what's going on. It's regime change, but it's not a regime change. Okay. Just stop with the BS.
And then that followed Donald Trump's disastrous cabinet meeting, which was supposed to take place at Camp David, but then they blamed it on the weather, even though the weather wasn't all that bad.
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Chapter 5: How are the midterm elections influencing Republican tactics?
So they did it at the White House. Okay. Another kind of red flag right there after Trump's visit to Walter Reed to say, we're going to Camp David. We're not going to Camp David. We're staying here. And then he just isn't anywhere to
be seen but then donald trump very casually talks about blowing up oman because the united states has so alienated oman oman was the negotiator last february who had the deal between the united states and iran that the u.s and net yahoo well after a deal in principle was then invaded They then invaded Iran. And now Oman is entering into deals with Iran directly.
The sultan of Oman has stated, you know, we have to move. We're moving closer with Iran right now and a lot of these things, including in the Strait of Hormuz. And so Donald Trump just very casually is like, yeah, we're going to blow it up. We'll blow up Oman. That's what we'll do. Here, play this clip.
Interesting reading from people. Mr. President, Iran wants control of the Strait of Hormuz. Would you accept a short-term deal that allows Iran and Oman to control the Strait, and would they have to open it immediately, or would you be open to that happening over a period of time? No, the Strait's going to be open to everybody. And who would control it? It's international orders.
Nobody's going to control it. We're going to watch over it. We'll watch over it. But nobody's going to control it. That's part of the negotiation that we have. They would like to control it. Nobody's going to control it. It's international waters. And Oman will behave just like everybody else, so we'll have to blow them up. They understand that. They'll be fine.
We'll have to blow them up also. If you're watching, for audio listeners, I'll just describe the scene there. You have Rubio on one side.
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Chapter 6: What are the implications of the latest Iran deal claims?
You have Hegseth on the other. They both look like they have deer in headlights. And Rubio has a Trump hat in front of him with Donald Trump's signature on it, like... he's like, has like a signed hat by Donald Trump. Like how weird is it that the guy has a signed red hat signed by Donald Trump in front of him during a cabinet meeting? I don't want to normalize that fact.
So after Donald Trump then talks about blowing up Oman, he then says, well, you know, if we're gonna do this deal with Iran, then I need all of the Arab nations, they owe it to us. You must become allies with Israel. You must do it. You must join the Abraham Accords. I'm going to mandate it. I'm going to mandate it.
I would like to have the countries we were talking about, Saudi Arabia, UAE, Qatar, and the others, we'd like to have them immediately join the, and Steve Woodcock is working on that with Jared and some others, but we'd like to have them join the Abraham Accords. It'll be historic if they do it. I think they owe that to us, to be honest. I think, because that really would be a tremendous sign.
And I think those countries owe it to us.
They owe it to you to become allies with Israel because you and Netanyahu invaded Iran, embroiled the entire Middle East in it, had a failed security umbrella so all these Arab nations
were then attacked which they warned against their economies are being absolutely destroyed right now and so now they owe it to you like you gave them a gift here that if the us is going to have a peace deal with iran that they need to enter into an alliance with israel when that would actually result in a lot of these Arab nations, monarchies being toppled if they did that.
And they've made it very clear and they've drawn their lines that they're not talking about the Abraham Accords until Palestine is recognized by Israel with a two-state solution with East Jerusalem being the capital of Palestine. Like I know for Donald Trump, words are so meaningless. He stands for nothing. He has no value. So for him, it's easy to say, I don't care about NATO.
i don't care about article five i don't know what i'm gonna do maybe i'll do this maybe i'll do that but this isn't some sort of transactional thing hey if i do a deal with iran you want to scratch my back here you gotta you gotta be friends with net and yahoo i do this you do that we do a trade we do a little barter i got you and they're like we're not doing this i mean we've heard from saudi arabia and turkey and qatar and all this does
is show donald trump is weak and desperate the same way when donald trump strikes the port cities of iran and kills some people on the fishing boats there or attacks a few people that doesn't show strength that shows weakness when donald trump's out there and south com or centcom are posting the videos of killing the people in the fishing boats without due process That doesn't show strength.
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Chapter 7: How is the Biden administration responding to international tensions?
So long as Trump and his oligarch buddies could basically run up the market. They're fine with this continuing. I think that's why we see the goalposts being moved. I'm not trying to get in Trump's brain here because he's such a loser and he does not know how to make a deal if he ever did, you know, when he actually was in business, let alone now the president of this country.
he doesn't know what he's doing and so his only play i guess is to is to grift and to get his oligarch buddies super freaking rich along the way and so i think he's gotten really freaking comfortable here about where in the position about where and the position that we're in right now with the war he doesn't care he doesn't care how much this hurts the american person he doesn't care how much it hurts our soldiers
he'll just keep doing this i i think that's why it feels so repetitive day after day well he's also getting the alarms from ravine and axios like it's so stupid he's trapped he's trapped himself also like there's no good option and for all intents and purposes donald trump has lost this war it's a complete and total humiliation and it's just undeniable at this point go through every single listed objective and these objectives have been shifting the entire time
But the United States has completely failed throughout this war. So what happens when you lose a war? Well, you have to make concessions to the other party.
But those concessions would make things much worse off for the United States than before the war, for the United States than with the negotiated agreement that Oman was looking over prior to this war starting without any of the bloodshed, without the billions and billions, if not trillions of dollars spent on this war.
this could have all been avoided and the United States could have actually ended up with a better deal, possibly a better deal than the JCPOA, the Obama bill, at least per what the reporting was at the time. But Donald Trump did not choose to do the negotiation route. He chose to do this route.
And quite frankly, when Donald Trump continues to bring up Israel as his justification for everything that he's doing, to me, if you are the most ardent supporter of Israel, you should be appalled by Donald Trump doing that, because it's just feeding in to every single thing that has been apparent from the start of this.
The reasons why Donald Trump entered it, his association with Netanyahu, the way him and Netanyahu have been working together, and Netanyahu and Ben-Gavir say to Donald Trump publicly making statements, we will not let them make a deal without us approving it.
Like, tying those things together to me is probably the most damaging thing possible to Israel, to the United States, to this entire relationship. And I think it's one of the reasons you're seeing such anger right now, because people are sick of this, the lies and the deception. and this framing around it all, and people leading us in to more war that just simply does not need to take place.
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Chapter 8: What conclusions can we draw about the current political climate?
put that money to domestic issues and let's figure out a different security structure that leans more on NATO or leans more on foreign countries as well to deal with it. And we focus on domestic issues. To me, it's something more along those lines that needs to happen. It seems pretty obvious, but continuing to just be frozen isn't a solution.
And then having people like Scott Jennings, who gets destroyed by Adam Mochler on CNN go, this is a great deal. We won. I mean, he just made a post like that today. This is an amazing. We've gotten everything we wanted. This is a real post from a human being. Scott Jennings, who CNN has on, looks like a huge win. for President Trump in the US.
Hearing from a senior administration official, this report is true and the US appears to be getting everything we want. What does that even mean? What are you talking about? Like when you say something like that, you should never be able to say anything again, like on this topic. You know how you know the US has not gotten everything that the US wants?
Because Donald Trump hasn't signed a deal because no one signed a deal. If a deal came to you and it was everything you'd want, you'd say, oh, this is everything I want. And... We have a deal. This isn't actually a deal. We'll have to think about it for a little bit. We'll see what happens. Not only is Jennings featured on CNN, but Scott Jennings is paid by CNN.
He's a paid contributor, a correspondent on CNN. It really is atrocious. And who retweeted that? Effectively, I know they say retweets are an endorsement, but screw that. Who retweeted the statement by Scott Jennings? Barack Ravid of Axios. apparently agreeing that the U.S. is getting everything we want. It's so disingenuous. And this is the corporate media that we have to deal with, right?
This is the environment that we have to deal with. And I bet you just listed a whole array of issues in our country and the destruction of our country by Donald Trump. And that's why our great corporate media here apparently is laser focused on the issues that matter. Donald Trump, Joe Biden's debate in 2024. Laser focused still. Laser focused on Joe Biden's debate.
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We'll be right back. I've been there before when your car starts making a weird sound and immediately you start thinking the worst. How much is this gonna cost me? How am I gonna get whatever this is fixed? And these days, even a basic repair can turn into thousands of dollars out of nowhere. I know you've probably been there too. That's why CarShield makes so much sense to me.
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