Donald Trump is panicking as his one trillion dollar scam has been exposed an...
disgusting regime is threatening criminal penalties against anyone who exposes it saying that this one trillion dollar number was detailed during classified briefings and therefore if you talk about it you're violating the classified designation and you will be criminally prosecuted. Well we're not scared here at the mightest touch net or do talk about it and had tip to Senator Mark Kelly who talked about this trillion dollar scam but also had tip to some important economists
who are out there calling it out as well. So let's talk about the facts folks. So the Trump regime
has been claiming that it's catastrophic and unlawful war against Iran only cost 25 billion dollars.
“That's what they said which by the way is a lot of damn money, 25 billion dollars but that's just”
the cost of some of the missiles, some of the weaponry, some of the costs of you know of the moving the troops into the region that doesn't actually factor in the consequential costs that are going to be imposed as a result of Iran now controlling the straightive or moves the US security umbrella being utterly destroyed in that region and through the rest of the world and more let's just go through some of the facts. So as Margaret Brennan wrote about Senator Mark Kelly talking
about this after hearing the Pentagon classified brief on Iran war impact on US weapon stockpiles. Senator Mark Kelly says it is shocking how deep we have gone into the magazines and he's talking
“about the Tomahawks and the Thad rounds and some of these other weapons and the Patriot rounds and”
other interceptor type rounds that are used to defend ourselves and our, I guess former allies abroad, they're done at this point. If we are in any other conflict right now we really don't have the weapons that we did when this war started and by the way there was a $1 trillion military budget for the fiscal year of 2025. So now the Trump regime is demanding a budget of $1.5 trillion and Senator Kelly said I was in these classified briefings and in these briefings we learned why they
want $1.5 trillion now because we've run out of weapons. We've run out of weapons. I'll show you that in a moment but now Secretary of Defense Thug Pete Higgsith says the following Captain Mark
“Kelly strikes again. Now he's blabbing on TV falsely and dumbly about a classified Pentagon briefing”
he received did he violate his oath again Department of War legal counsel will review so they're going to try to prosecute Senator Kelly once again Ryan Grimm over at drop site writes a trillion
dollar defense budget and we're almost out of ammo in like 40 days so the answer is to up it to 1.5
trillion dollars when you just take a look at Donald Trump's life and you see why he's gone bankrupt over and over again heck don't even look at his deep past where you would have not too long ago where he's bankrupted his casino and that casino and this business and that business and this company's gone out of business we could just talk about the report I did over the weekend on Donald Trump's Trump media company which lost in the first quarter close to $406 million and only
made $870,000 in revenue in one quarter that's like his main business at this point Trump media and in my opinion it is an utter failure and again if you just look at the things he's doing like the reflecting pool right so it's we now learn New York Times did a great report on this
he gave a no bid contract for around $7 million to his own pool guy to paint the reflecting pool
blue instead of actually deal with the underlying issues which is the leakage and the algae because DC is a swamp and the summer makes the algae and the swamp light conditions which leads to micro cracks which leads to bigger cracks which leads to leakage and 19 million gallons
That leak from that reflecting pool every year painting it blue doesn't solve...
actually accentuates the problem because now you see the algae more and with the heat it's going
“to result in more of the problem being caused because that blue is going to attract the sun”
and it's going to create more problems it's so obvious when he was doing the casino thing in Atlantic City it's like if you take on this much debt and build three casinos next to each other of course they're going to go bankrupt and they're a whistleblower saying it and when they're were all these whistleblowers Donald Trump attacked him and sued him and all of that and in the end the whistleblowers were right I got to give a hat tip to my friend Justin Wolfers and Justin Wolfers did a
really thorough op-ed the other day and here's how he described the real cost of the war in Iran and he says it will be in the trillions and trillions and trillions so pentagon says the Iran war
cost 25 billion but Justin Wolfers in an op-ed with the New York Times says the number is trillions
so the defense department's $25 billion price tag as drop-side explains for operation epic fury covers only missiles fired planes flown and equipment lost and little else Wolfers explains the fuller accounting he writes runs into the hundreds of billions and possibly trillions let's just go through it together geopolitical risk fed economists estimate heightened risk of this scale cost roughly $200 billion and leaves million fewer millions fewer Americans employed within
a year interest rates with rate cuts now off the table the fed's likely response could cost another
$200 billion in lost economic output but how about the fact that it also impacts the bond market
this is where it's clearly in the trillions it impacts the bond market the 10 20 30 year even the two year yields are significantly higher which means the country has to pay more on the interest back every single year and that is in the number in the trillions the stock market Wolfers estimates the war has wiped out roughly $3 trillion off SNP 500 valuations oil prices could be elevated through 20 28 you know when you looked at the United States markets compared to far
and markets the U.S. markets not first it's lag significantly behind other countries and even though there was growth in SNP and in other indexes or indices the U.S. markets the Donald Trump likes to brag about could be significantly higher right now if Donald Trump didn't engage not just in the catastrophic war and Iran but also all of his tariffs against the world Goldman Sachs
projects the U.S. GDP growth will be 0.5 percentage points lower around $400 billion in lost income over
two years as a result of the catastrophic war the administration's 20 27 defense budget request is $1.5 trillion a 40 percent increase or roughly $4,000 per American household. $4,000 per American household for Pete Heggsith in my opinion just completely misusing it these people are the height of waste
“fraud and abuse they talk about golden domes and if you want to get into what the Senate actually”
believes about the golden dome in the United States it's based on a lot of junk science given the size and scope of the United States this golden western hemispheric dome it's just in my opinion Donald Trump like with the casino let's build three casinos and we'll paint it all gold or we'll paint it blue and it'll look beautiful and everybody now you're not actually following the damn science you're not following the damn facts defense spending in a dish $4,000 per American
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experiences so call 82 Medicare today to speak with chapter that is 82 Medicare and feel confident in your Medicare coverage budget director Russell boat was asked by Congress for a war cost figure at April and he said I don't even have a ballpark for you all right well Senator Mark Kelly was on the morning shows yesterday and here's what he told face the nation about the $1.5 trillion defense budget request he says it's outrageous and he's not supporting it let's play this clip
but when it comes to making America ready to defend our allies and ourselves does what you describe basically make it impossible for a Democrat like yourself to say no to that request from the White House for one and a half trillion dollars in defense spending well first of all let me let me
just back up a second things like this nothing is inevitable there are always other options
during the Obama administration the Iran deal the JCPOA kept the enrichment at a lower level Donald Trump tore that up that's the reason where we're here but this also was not inevitable there were other things that we could do the $1.5 trillion request from this administration it's outrageous when I got to the Senate five and a half years ago the defense budget was just over $700 billion now they're asking for twice as much money it's nearly the amount that the rest of the world
pays for its defense and as I point it out and I point it as I point it out in that hearing there's stuff in there like golden dome the physics on that stuff is really really hard I'm very confident we're gonna spend a lot of money and we're gonna get a system that doesn't work there are other things in there we do not need I mean they need to submit a defense budget that makes sense for the moment we're in okay it sounds like you're saying no on that and then you had Mark Kelly talking
about what he heard in these briefings about our missile stockpile our ammunition being obliterated and how America's not prepared if there's another and this is one of the reasons that Trump if there's another outbreak of hostilities there or a war abroad right I mean this is one of the reasons that Donald Trump wants to be Mr. Keyboard Warrior and say oh I got to a letter I Joe I got to somebody and I know the Stone Age I mean go back and look at some of Donald Trump's posts if you don't
make a deal in 48 hours I'm unleashing hell you know all of that stuff that he's posting but here's the facts and now the Trump regime wants to prosecute Kelly and who knows are they gonna go after welfare it's well so they're gonna go after here let's play this clip right here yes Margaret we we have we've been tracking it a number of times we've been briefed by the Pentagon on specific munitions actually it's been pretty detailed on Tomahawk's attackums S&3's that rounds
“Patriot rounds so those interceptor rounds to defend ourselves and the numbers are I think it's”
fair to say it's shocking the how deep we have gone into these magazines because this president got our country into this without a strategic goal without a plan without a timeline and because of that we've expended a lot of munitions and that means the American people are less safe whether it's a conflict in the western Pacific with China or somewhere else in the world the munitions are depleted you may have seen me ask the Secretary of Defense this question
about how long it's gonna take to replenish we're talking about years now I'll remind you that when that's Mark Kelly right there I'll remind you of what the Trump regime was trying to do in advance of this catastrophic war in advance of the massive deficits that we've now incurred as a in advance of the massive debt remember it's their gold card scam and what they were saying
“and that you have to pay attention to when Trump does these two things when he goes we're bringing”
in 18 trillion dollars or 21 trillion dollars abroad false fraud Ponzi scheme lie scam you come up with the name but they're saying that so that we get programmed to think trillions and trillions and so all these big numbers just get all confused and combined and no one knows what's real because you said
21 trillion 18 trillion three trillion five trillion no the reality is actual trillions are being stolen
from you actual trillions are being stolen from the taxpayers to do all this catastrophic and
Criminal and war criminals stuff but what they said remember the gold cards h...
letting it on this podcast is like they're like well so how much are you how many of these gold
“cards are you gonna sell it next like alright let me tell you what we're gonna do here I think we're”
gonna make five trillion dollars there's like 50,000 eligible people and they all want to gold card so we're gonna make five trillion and they're saying that because they're stealing trillions from us you're playing this clip by the way yesterday I sold the house or you did I got a polymark and I created on how many of you guys gonna sell this here and how many people do you
“think there are that could qualify in the world there are 37 million people in the world”
who are capable of buying the card case we're wondering 37 million that's a lot more than chat
GPT told me who are capable of buying who are capable of buying it now I'm not saying it will but they're capable of buying I'm gonna give you a kill sell the president things we can sell a million so five trillion five trillion dollars now I'll remind you what headset said when he testified we need 1.5 trillion and we're gonna stop the woke and we're gonna stop diversity man because diversity ain't a strength diversity's our weakness and natural to everybody says about
our our military you're too diverse man we need all white guys we need all out of shape white guys as what we need here watch what headset says here play this clip I if haven't talked about it as much in these hearings because this is a budget hearing about 1.5 trillion that's historic and significant but underwriting the the change that we've seen in our department was a laser
“focus on getting back to basics and the the key word to that is merit we had a department that was”
that was obsessed with gender ideology and race diversity equity and inclusion in fact the mantra you would hear dripping from the lips of generals with a serious look on their face was our diversity is our strength which is the single dumbest phrase in military history I mean absolutely absolutely crazy stuff there you have it folks it's trillions of dollars this catastrophic war and it's been exposed from economists like wolfers senators like Kelly and I'm proud to be able
to use our platform here at the Midas Touch they were calling this out every damn step of the way hit subscribe you may think you're subscribed but just can you double check can we get to 7
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