Trump Loses It as US Economy Crashes during War!!!

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“Donald Trump has walked right into a death trap of his own”

making a global economic catastrophe. The same way Donald Trump bankrupted his casinos. He's doing it now with the United States economy. And the global economy caused by his unlawful and disastrous war against Iran.

There was a moment when Treasury Secretary Scott best in this past week was doing that interview with Sky News. He was spewing the Trump propaganda and saying, "There's no cost that I would be worried about when it comes to this war against Iran.

Donald Trump should be able to spend as much money as he wants. I will endorse it all." Or you have a best in saying, "We obviously knew the straight-of-horre moves was going to be blocked by Iran.

We prepared for this. We wanted this when he was spewing all of that propaganda. He got a call from Donald Trump in the middle of his interview with Sky News. And it looked like he saw a ghost.

“It looked like he literally saw a ghost.”

I'm going to show you that video in just one moment. Then he goes back to the interview and he can't even speak in sentences. Because behind the scenes, things are going down that are deeply, deeply worrisome and best into knows it. He knows what he and Donald Trump have just unleashed.

This economic death spiral, the same way Donald Trump has bankrupted casino after casino. Just look at what Bank of America is saying right now. Right if fairly conservative financial institution, that doesn't usually release hyperbolic headlines.

Here's what they said on Friday.

The markets are starting to look like the run-up to the global financial crisis. Now what about the S&P? What are they putting out? Donald Trump's war in the Middle East could have long-standing effects

on the U.S. economy and credit conditions. Now let me show you when Treasury Secretary Scott Bessent got a phone call from Donald Trump during his interview with Sky News. He left in the middle of the interview. Let me show you what went down.

Let's play this clip. I listen to you on the... [inaudible] Oh. Okay.

Okay. No problem at all. [inaudible] Mr. Secretary, I have to say it's a first. I'm sure a loss as well that an interview

has been pulled away together in the situation room. How's the president was he? Was he stressed? No. The president is in great spirits.

The Iranian mission is proceeding well ahead of schedule. And I have to tell you, well, that I've a teenage teenager who's considering military service. And I could give this team my highest compliment from President Trump to the head of the Joint Chief to Secretary of War.

I would say that I would trust my child's life in their hands. Now, before he got that call, I just want to show you some other stuff that he was saying during that interview where he was like,

it was always part of our planning.

It's what he's been telling people. It was always part of our planning that the United States would have to deal with the strain of warm moves being closed. That's just what we knew was going to happen. We always thought we need this international coalition

to escort the tankers. Okay. Well, then why would you tariff the entire world in turn, all your allies against you? That makes no sense at all here play this clip.

as it is, that the Navy has to go into the straight of whomus to help ships get through, which would have a big effect.

Well, look, that was always in our planning

that the chance that US Navy or perhaps an international coalition will be escorting oil tankers through. There are, in fact, tankers coming through now.

“Iranian tankers, I believe, some Chinese flag tankers”

have come through, so we know that they have not mined the straight. That was that we were just discussing in the situation room. We were discussing a portfolio of things. And is it your belief that the volume of ships going through the straight of whomus will be improving immediately from now?

It is my belief that as soon as it is militarily profitable, the US Navy perhaps with an international coalition will be escorting a vessel through. There remember a few weeks back what he was saying how 2025 was about setting the table.

2026 is going to be the banquet for the American people. This is your banquet Scott Bessent. This is your banquet here, play this clip. I think, as I've said many times, 2025 is about setting the table.

2026 is going to be a banquet for the American people. The economy is taking off. We saw 40,000 new construction jobs. Everyone says to me, "Oh, where are these factory jobs that you plan?" And unlike what you and I see in the financial market,

you can't push a button and build a factory. There's lead time. But what we were seeing is big commitments to these factories that are going to be built.

First, we'll get the construction jobs.

And then the factory jobs are going to come.

“So I think we're going to see the tremendous ground breakings.”

I think we're going to see a lot of factory completions this year. Now, one of the articles that I think really resonates right now is this one right here from TS, Lumbard, global watch. And it says, "It takes two to taco." So the ball is now in the U.S. court.

Iran is still shipping its oil and has no incentive to negotiate while those revenues flow. So really treasury secretary Scott Bessent, you prepare for this because China is able to use the straightive or moves.

You have Iran using the straight. They're getting their oil out. So Donald Trump would bomb the car island and things that that's going to make a difference. But guess what?

Donald Trump may have been able to taco in the past.

Donald Trump always chickens out

“when it would come to his tariffs against the world”

that he would make this social media post. That social media post. But right now Iran seized Donald Trump as weak China and Russia's sea Donald Trump as utterly weak and pathetic. And they view this as an opportunity to restructure

the global world order to have the United States in a much much, much weaker position. I mean, you've got Steve Whitkoff and Jared Kushner to the dumbest people serving as the main envoy to the United States who botched negotiations

with Iran. They're out there like partying with the Russians in Miami as we're now removing sanctions on Russian oil and allowing Russia to make billions of dollars while they provide a run with resources and intelligence

and capabilities to strike America. American troops in American interests in the Middle East. What the heck is going on there? You know, then you have people like this guy Jamison Gaurier, the trade representative.

I mean, this is a ideocracy for us to see. I mean, take a look as Jamison Gaurier was asked on CNBC about returning the tariff money that they stole from the people and their trade war against the world, which turned all of our allies basically against us

because we started a trade war with everybody all at once and the Trump regime stole our money and the Supreme Court ruled against them. So, Jamison, can you please return our damn money 'cause you stole it?

And the way he describes it as, "Well, if we get our money back, that would be a windfall to the, what do you mean be a windfall? You stole our money, you frauds,

just a bunch of frauds right there. Here, play this clip." Ambassador, would you in the administration encourage companies that had higher costs during this period

to seek a refunds that pay tariffs to seek refunds

who have thus far been holding off seeking those refunds worried potentially about the possibility for retribution for seeking such a thing? Well, if I release companies

and somehow they get this windfall,

the most important thing of the smartest thing they should do

is give it as bonuses to their workers. The whole reason the president imposed these tariffs was to try to reshore, to fix our massive imbalance in trade that we've experienced over many years because of China,

Vietnam, the EU, and others. If the companies are going to get this windfall, they should pass it along their workers as a bonus or a raise. 'Cause that's the purpose of the program.

It's always been the purpose of the program and the American people should get in the company to give it to their workers. And then just more lying from Jamison Greer

“on the Iran War, oh, I think it's all going to be resolved”

in a few weeks. It'll all be done in a few weeks. You'll play this clip there. What is your expectation for how quickly this worn around

is going to end and if it doesn't,

what do you think the global impact is going to be? Well, I think that we're talking in terms of weeks, right? When I speak with Secretary Hegsaath or the president or others, there are much closer to it,

but obviously you can't talk about trade without their on-war coming up any effect of oil and gas and what that means. I think we're talking about a matter of weeks. Our expectation is that any effects we see will be short lived.

But we want to watch this, right? You could see other effects that affect cycles that we tend to see in commodity markets. So we're watching it very closely, especially if there are particular spikes

or if there are areas where we think we have more resilience. Now, apparently what their plan is just bankrupt everything and then bail out everything, right? You had Brooke Rollins,

“the agriculture secretary now is saying because our farmers”

are additionally suffering because the fertilizer prices are through the roof right now. If they're even able to access fertilizer, because a lot of the fertilizer comes from the Middle East, just maybe do another bail out for the farmers.

So when you did the tariffs against the world trying to refuse to buy American soybeans, you had to do a bailout there. The input costs for farmers, basically made it everything that the farmers were doing

was a net loss right away. So you had to bail them out there. Now you screw them over by starting this war against Iran and now one of the impacts is that fertilizer is not coming in or if it is, it's so expensive.

Another bailout, everybody, another bailout.

While they get $40 billion to Argentina

while Donald Trump's rushing to do a state visit to China, and what the hell is going on here? You're a play this clip. Yes, we'll take questions. I'm just starting.

Are you doing another bailout in the farmers

“who are concerned about the life of the fertilizer?”

Yeah, so I appreciate that question with what's happening in Iran, what that means for specifically nitrogen, the area which is one of the key components that fertilizer or farmers are moving into planting season right now.

So the president is very aware of these challenges and these issues. We are very close to having an announcement on some solutions on what that looks like. We're looking at every potential avenue

to keep the fertilizer costs down as these farmers are going into planting season. No big announcement yet, but it is coming. I have been in conversation with the hell on that as they're looking at additional funds for our farmers.

So at this point, everything is on the table. This president is convicted. He is resolute. He will stand with our farmers. He knows that his national security issue

and we're on is some more to come on that. And with the horrible fourth quarter GDP numbers with the horrible economic data that's coming out, you have Ron Johnson and all these Magga Republicans saying,

"You know why the fourth quarter was bad?" It's the Democrats false. It was the Chuck Schumer government shutdown. It's like to be quit. Schumer government, you talk about your play this clip.

America, GDP is down the fourth quarter. Why? Because the Schumer shutdown. So not only are they not helping us clean the mess, they're doing everything they can

to frustrate our efforts to interfere with president Trump's efforts to clean up their mess. It's really just fickable. Yeah, great point.

You're right. GDP was down from the expectation, as well to be one and a half percent growth without growth. The seven tenths of a percent center.

Meanwhile, you have the labor department, which is run by an individual who's under investigation for engaging in horrific personal misconduct, whose husband was banned from the labor department

building for allegedly sexually harassing people

They're putting out videos of Donald Trump dancing to the YMCA. And it says that Friday feeling

“when wages are going up and prices are coming down”

for American workers. As we put it on the Midas Touch Network, we posted on our social media. Yeah, I guess that's the Friday feeling when you lie.

What are you talking about? Wages are in, up, prices are in down. Let's be very clear. America engaged in an unlawful war against Iran while we already had a massive affordability

crisis here at whole. Where people couldn't afford things. Trump promised he was going to make things more affordable in day one. He made things far worse.

People can't afford homes. People can't afford groceries. People are unable to get jobs. People were suffering here. And Donald Trump was covering

that bitch-ilded sex trafficking ring in the Epstein files. So then Donald Trump starts a war with Benjamin Netanyahu in Iran.

“Now everything that was horrible already”

is now a million times worse.

I mean, if we were talking about the war every day, assuming Donald Trump didn't engage in an unlawful war, we would have been talking about how bad our economy is with Donald Trump's tariffs

against the entire world, which after the United States Supreme Court struck down and said that Donald Trump's "Iepa tariffs" are unconstitutional or unlawful. In violation, Donald Trump then used

another law illegally just in revoked the trade act of 1974 to impose more tariffs against the rest of the world to start launching investigations into all these other countries

and to treat him as hostile nations to screw with the United States, Mexico, Canada, agreement, to screw with all these international trade agreements ripped them to shreds.

And now when we need allies, guess what? Treasury Secretary Scott Bessant, which international coalitions going to join you.

And by the way, you think the Middle East nations are going to be allied with the United States the way they were before. After they see how you have not helped them at all and you thrust them into this war,

you think that the Asian nations are going to want to do a lot of business with the United States now, as you're taking away their weapon systems to move it to the Middle East because you were unprepared.

“You think that that's what's going down.”

Now I'll just show you my friend Justin Wolfers. He describes how the trust and the relationships with the US and the world have been utterly shattered as a result of this war. He goes even if this war ends quickly.

All of the trust has been shattered right now here, play this clip. The President at a press conference, a press interview today looked like he was more or less declaring victory.

By the way, the President's rhetoric and reality are two very different creatures. But if he were to declare victory, he packs up, goes home to reach your war, your beauty, life can get back,

somewhat to normal.

Little never get all the way back to normal.

The rest of the world will remember what happened. People will have to plan their businesses understanding that at any given moment the President could start a new adventure. That adventure could disrupt the world,

disrupt it in national relations and disrupt their business. So that's the look. This could be over fast and you think story. Let me tell you the other. It's history.

History tells us that almost every time the US is gone into war, it is dramatically underestimated. How difficult it is to win and how long it will take. Let me remind you just before, just in the early days of the Iraq war.

Donald Rumsfield famously said, "We might be there five days. Could be five weeks. I doubt it will be five months." And it turned out to be much, much longer than five years.

So when someone says on the one hand, it could be measured in days and the realities in years. That says they underestimated it by a factor of 365. If you want to think about that, just think about when someone in Washington tells you

the cost that this war could impose, realize that multiplying that number by 365 remains a possibility. Now our editor in chief Ron Philip Kowski writes, when asked eight months ago when they were going to stop

blaming Biden for bad economic numbers, Howard Lutnik, who partied on Epstein Island, said repeatedly and interviews that the Trump administration would own them from the fourth quarter of 2025 on. I wonder if that still will be the case as we've heard

that fourth quarter GDP was revised down to 0.7% growth, cornflation rising to 3.1%. And again, that was data before, that we're getting now, but that's data from before.

The war.

And finally, Donald Trump in addition to tariffing the world.

We also know that Donald Trump has been attacking the federal reserve. Like, if you were to go step by step by step and try to just attack everything to destroy America's strength.

What else do you attack?

“The independence of the federal reserve.”

So Donald Trump's been attacking Jerome Powell, saying lower the interest rates, lower the interest rates, and Donald Trump launched a criminal investigation into Jerome Powell. And then you probably know we reported on this on Friday.

Federal judge Boesberg and Washington DC quash the subpoena that the Trump regimes DOJ issued against Jerome Powell.

And here's what was written in the order.

When the federal judge basically blocked the criminal investigation into the federal reserve. This is what the judge wrote, federal judge. Jerome, too late Powell, has done it again. He's too late, actually.

Too angry, too stupid, and too political, to have the job of Fed Share.

“He is costing our country trillions of dollars.”

Put another way. Too late is a total loser. And our country is paying the price. And that's a citation to a Donald J. Trump social media post. Then the judge says, this is one of at least 100 statements

that the president or his deputies have made attacking the chair of the federal reserve and pressuring him to lower interest rates. Then he gives another one. So is this too late Jerome Powell costing our country hundreds of billions of dollars.

He is truly one of the dumbest and most destructive people in government. Too late is an American disgrace. That's a quote, Donald J. Trump president of the United States. Yet the president has been unable to push rates lower through social media post. He is thus hinted at other options.

I want to get him out. Donald Trump says, several months ago, he mus it if the Fed does not cut rates. I may have to force something. Then the judge goes on to say, perhaps it comes as no surprise then that the D.C. U.S. attorney's office has recently opened a criminal investigation

into Powell and served two subpoenas on the Federal Reserve Board of Governors seeking records about recent renovations to the boards, buildings, and testimony that Powell delivered to Congress that briefly discussed the renovations. The board has now responded with a motion to quash, contending this subpoenas are merely part of a game plan

to pressure Powell to bend to the president's wishes or to get rid of him.

“The case thus asks, did prosecutors issue those subpoenas for a proper purpose?”

The court finds that they did not. There is abundant evidence that this subpoenas dominant if not sole purpose is to harass and pressure Powell either to yield to the president or to resign and make way for a Fed chair who will. On the other side of the scale, the government has offered no evidence whatsoever

that Powell committed any crime other than displeasing the president. The court must thus conclude that the assertive justification for these sippin is our mere pretext. It will therefore grant the board's motion to quash. It will also grant the board's motion to partially unseal the motion to quash relating briefing and this opinion.

Now Donald Trump could just basically walk away and say,

"You know what? This one's over. Let me appoint a new Fed chair in May, and then we'll just move on from all of this, because Senator Tellis of North Carolina has stated that he will not support Donald Trump's new Fed chair until this case goes away." So Donald Trump could just let this case go away, but that's not what he's going to do.

Donald Trump and Jeanine Piro, the former Fox host, who's down the main federal prosecutor in D.C. They're like, "We're going to appeal this. We're taking this all the way." And all this is going to do the same way after Donald Trump lost the tariff. Case, he did worst tariffs. Donald Trump did this. He gauges a worse conduct.

Donald Trump's, the way Donald Trump's handling the war just makes things worse. It's the exact same way he dealt with COVID, but rewind. It's the exact same way he's dealt with everything in his life. Right, he creates these death traps, these death spirals for himself. And he makes a bad decision into a worse decision, a worse decision into a catastrophic decision,

a catastrophic decision into a bankruptcy. When you stand up to him after he huffs the need, pops the need, blow the eighth in. He's a loser. He is a weak, pathetic loser. That's who he is.

You stand up to him. He will always lose.

Okay? And when he loses, he's all over the place, but he leaves a trail of destruction. And he just tries to then have self-preservation, but he'll destroy everything around him. That's what we're seeing play out with large right now.

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