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The MeidasTouch Podcast

Trump has Catastrophic AM as War Spirals

04 Mar 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

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Refuel smarter, hydrate harder, caffeinate larger with IQ Bar. Go to eatiqbar.com and enter code BAR20 to get 20% off all IQ Bar products plus free shipping. Again, go to eatiqbar.com and enter code BAR20. Donald Trump is having a terrible Wednesday morning. His regime is admitting that this disastrous war in Iran may last over eight weeks.

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Donald Trump's Treasury Secretary Scott Besant went on various networks this morning and said it's just fantastical media accounts that you're seeing about chaos in the Middle East. Everything is great. The Strait of Hermes is still effectively closed. About 90% of the ships can't get through. More news about factory job losses in the United States. Far worse than expected.

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Also, a record number of Americans are tapping into their 401ks to withdraw money in order to survive. And then when Donald Trump looks at Texas in the primaries that took place yesterday, where the Democratic Senate candidate James Tallarico ended up prevailing, Jasmine Crockett put out actually a very nice message today supporting Tallarico. Democrats outvoted Republicans in Texas.

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More Democrats showed up to vote and Democrats made huge gains amongst the Latino community in Texas as well. All of this news and more is bombarding Donald Trump this morning. Why don't we go through it piece by piece as we always do here on the Midas Touch Network. We've been expanding rapidly on the Midas Touch YouTube channel. You'll see we blew past 6 million subscribers.

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We're almost at 7 million subscribers. So double check that you are actually subscribed. Click subscribe, turn your notifications on. We'll be giving you breaking news updates throughout the day, as we always do here on the Midas Touch Network.

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So earlier this morning, Treasury Secretary Scott Besson said we need to stop these, quote, fantastical media accounts that the region is on fire, referring to the Middle East. That's not what's happening. He says it's just somebody on their cell phone taking videos of buildings being blown up. Let's play this clip. Becky, I will tell you, the region is not on fire.

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What is happening is that someone with an iPhone, and look, it's terrible when a hotel gets hit in Bahrain, when there is a drone that hits the airport in Doha, but those are one-offs. The Iranian

Chapter 2: What is Donald Trump's current situation regarding the Iran war?

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Here's Hegseth saying that, let's play it. And fixing their leaders and their military leaders. flying over Tehran, flying over Iran, flying over their capital, flying over the IRGC, Iranian leaders looking up and seeing only U.S. and Israeli air power every minute of every day until we decide it's over. And Iran will be able to do nothing about it.

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B-2s, B-52s, B-1s, predator drones, fighters controlling the skies, picking targets. Death and destruction from the sky all day long. We're playing for keeps. Our war fighters have maximum authorities granted personally by the president and yours truly. Our rules of engagement are bold, precise, and designed to unleash American power, not shackle it.

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This was never meant to be a fair fight, and it is not a fair fight. We are punching them while they're down, which is exactly how it should be. And then the gaslighting from the Magas continue. Take a look at what Maga Mike Johnson said this morning. I'll do a whole other video on it in about 90 minutes. But here's what Maga Mike said, why we're at war with Iran right now.

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Remember, he previously said the reason was because Israel was going to strike Iran first. And then if Israel struck Iran first, then Iran would strike the United States. So we had to strike first. Remember, that's what he said. That's what Rubio said. Now Johnson says, actually, they declared war on us. Iran declared war on the United States is what he says. Here, play this clip.

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Okay, those are sovereign territories of the U.S. They have declared war on us. I don't believe in the semantics. We've talked about the language this morning. We're not at war right now. We're four days in to a very specific war

Chapter 3: How is the U.S. economy affected by the ongoing conflict?

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clear mission and operation, Operation Epic Fury, which has two components, as you know, that we have articulated over and over, the president has, the commander of the Joint Chiefs, everybody has explained. Two points, we had to take care of these ballistic missiles that they were producing at such a rapid pace that our regional allies could not keep up with.

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We had to ensure that they can't fire all those barrage of missiles at our people, our troops, our assets, our citizens in the region and our installations. And then Maga Mike says, actually, this is very biblical and this is about a bad religion in Iran. And so basically, we're just redoing the crusades right now. Here, let's play this clip. They have been and they say the quiet parts out loud.

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They wanted to wipe Israel off the face of the earth. and they'd like to take us out as well. We're the great Satan in their analogy and their misguided religion, and there was no way to appease them and defy. Hear what this guy is saying? More from Hegseth, where he goes, Iran cannot outlast us. We will ensure the tempo, and that tempo will be whatever Donald J. Trump

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tells us to do, whether that's eight weeks or longer or shorter. Donald J. Trump sets the tempo.

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Chapter 4: What are the implications of the recent Texas primary results?

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That's what Hegs said to me. It's like the most, you guys are a bunch of idiots. I can't believe our country is run by these people. Watch what Hegs says. Here, play this clip. Iran cannot outlast us. We are going to ensure through violence of action and our offensive capabilities and our defensive capabilities, as I said, that we set the tone and the tempo of this fight.

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That's why stories and speculation about different things that try to make it look like we're limited in what we can do, the only limits we have in this is President Trump's desire to achieve specific effects on behalf of the American people. And that's why we don't talk about, you can say four weeks, but it could be six, it could be eight, it could be three.

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Ultimately, we set the pace and the tempo. The enemy is off balance and we're going to keep them off balance. And we know their ability to shoot versus our ability to defend. That difference gets wider and wider every day. While everyone else is promising to hit the gym more in 2026, I'm focusing on something that will actually stick. Better nutrition for my kids. That's exactly why Hiya exists.

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Chapter 5: How do Trump's advisors justify the war in Iran?

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I don't want to ignore what's going on in the domestic front right now. I think it's important that we talk about our economy, the things that we were talking about as well before the war, because Americans are struggling. The war on Iran is causing gas prices to surge. It is causing chaos in the markets. Wall Street Journal reported earlier this morning.

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A record number of American workers are pulling money from their 401ks to cover financial emergencies. A record share of Americans are tapping those retirement savings. 6% of workers with plans run by Vanguard Group, for example, are have been making hardship withdrawals. Also, factory job losses have been worse than we thought. Wall Street Journal reports as well.

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Take a look at the US manufacturing job loss chart. Not good, but we know this. If you work in a factory, if you work in manufacturing, if you work in construction, if you work, okay, if you work generally and you're not a billionaire or a decamillionaire, you know what the economy is like. You are not gaslit by this regime. You know that prices are going up.

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You know that wages are stagnant or going down or there are so much job losses taking place because of AI and this terrible economy. We are in a jobs recession right now and prepare to see inflation surge even more.

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Rick Scott, MAGA Republican Senator, making his rounds on the various networks this morning, saying clearly oil prices are going to go up because of this war, but it will be worth it because of freedom in America. Yeah. Here, play this clip. What do you think the American people should be prepared to bear, prepared for to bear in terms of costs here? Gas prices have already gone up.

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They could rise even more. What's the cost that you think the American people should be prepared for? Well, I think short term, clearly oil prices are going to go up, it sure appears, right? When Iran and the proxies shut down the Strait of Hormuz, that's what's going to happen.

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But long term, what we're going to see is we're going to see the world's a better place, no different than getting rid of Maduro. The world's a better place. It's a safer place for Americans.

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Yeah, well, if you really were patriotic, I think that you would focus on ensuring that Americans have health care, ensuring that Americans can live and can have jobs and Americans can live productive lives and have good education. But, you know, people like Rick Scott, they're part of the Epstein class, right? Rick Scott was involved, you know. You know how he launched his political career?

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As lots of these magas do. He was involved in one of the biggest Medicare and Medicaid fraud criminal enterprises in American history. He invoked the 5th over and over and over again. He took a golden parachute from the company that engaged in all this criminal conduct while he invoked the 5th. use that money to run for office and to help more Epstein class people.

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