MeidasTouch host Ben Meiselas reports on Donald Trump panicking on Saturday that he’s blowing up the economy and causing a depression and he doesn’t know what to do. Try VIIA Hemp! https://viia.co/meidas and use code MEIDAS Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
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Donald Trump is panicking on Saturday morning that his actions are going to cause a 1929-style Great Depression. There are leaks from his inner circle saying Donald Trump is running around the White House right now fretting about 1929 and causing a 1929 event. Now, folks, when I label the titles of these YouTube videos, Trump panics, It's because he actually is panicking.
Now, Donald Trump may try to project the image of a strong man, of an authoritarian, but he is not. And the rest of the world leaders know how weak and pathetic he is. You don't want to believe me? Take a look at the headline from the New York Times after we've been reporting about this for weeks. Risk of financial panic tempers Trump on firing Powell.
President Trump again attacked the chair of the Federal Reserve this week, but advisors say the president has turned more cautious on policies that could that could stoke extreme financial volatility again. And it goes. And if you read the article, it says for months, Mr. Trump has privately financed
fretted about the prospect of a Great Depression scale event happening on his watch, a scenario he shorthands in conversations as 1929. Scott, am I going to cause a 1929? Howard, am I going to cause a 1929? And so Besant and Howard Lutnick have to try to wall off one of Donald Trump's other economic advisors, Peter Navarro, because Navarro wants to push more tariffs and Besant and Lutnick
try to keep Navarro away. And then this article from the Wall Street Journal talks about how they try to say, hey, Donald, we don't want to cause a 1929 either, Donald. We don't want to do 1929. So that's why you need to pause the tariffs and listen to us, not Navarro. This is how the Wall Street Journal reports it.
So the morning where the tariffs were paused, when Navarro was in a different part of the White House, Besant and Lutnick made their move. They rushed to the Oval Office to propose a pause. They stayed until Trump actually typed it out on a truth social post hovering over them. As Aaron Sojourner says, this is the policy process in a Trump White House.
Rival factions jockey for access to the Oval Office. They race to get in front of Trump to run their thing up the flagpole publicly first before another faction can shoot it down. This is not a healthy policy process. It's not a process at all. It is panicking. It is how weak, unqualified people who should never be near positions of power handle things.
And during the campaign, Donald Trump would be on stage and he would be projecting his own fears about 1929, 1929, this 1929, that now he would try to frame it as strength. You need to vote for me. And we'll avoid 1929. We'll avoid it. But in reality, it was him saying that he is a scared little pathetic human. Here he was from August 8th. I could show you hundreds of these clips.
I'll show you one from August 17th, 2024. Here's Donald Trump saying that if he's not elected, there will be 1929. Here, play this clip.
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