LIVE: Trump CRASHES OIL and BOND MARKETS and GOP TANKS!!! 8/20/26
Welcome to Ben on breaking news. I'm Ben. Marcelis. This is your breaking news. We're going to talk about Donald Trump. and Treasury Secretary Scott Besson's. market manipulation failing. The. Treasury yields which they tried to. manipulate with bond buybacks. Well, that failed yesterday. There was a $4. billion bond buyback scheme announced. that temporarily reduced the 10, 20, 30year yields. now that it's been. exposed. That's what we always know. It. is an act of desperation. We're seeing.
the Treasury yields rise even higher. Gas prices again hitting historic highs, regular gas. But also, you take a look. at diesel approaching $200. a barrel. The average price of diesel. over $550. And I know lots of people pay attention. to gas prices, which are record highs. Pay attention to diesel as well. I mean, that's going to impact freight. It's. going to impact agriculture. It's going. to impact trucking. It's going to impact.
everything. So, we're going to be. focused on that as well. Um, but I'll. tell you what went up yesterday. The. crypto bros were in the White House. You. got the Winkle loves and you've got all. of Donald Trump's crypto bros who Donald. Trump says, "Look how handsome these men. are." Well, crypto went up. Bitcoin was. up about seven, eight%. Um, and the same. people who uh basically left the retail. holders of the crypto holding the bag,
wait until the price has dropped and now. with all of the uncertainty that price. of Bitcoin is going back up. I wonder. what they were talking with Donald. behind scenes. I wonder, you know, as. Donald Trump is crashing our economy, if. they came up with a scheme together, Donald Trump and the crypto bros, that. is, in order to now manipulate that. market. What's Donald Trump doing while. the American people are suffering? DC. Grand Prix. Oh yeah, that's what. everybody's focused on. DC Grand Prix.
Indie cars going hundreds of miles an. hour around Washington DC. Here's what. you go. Here's what you get. American. people like what is this? We don't want. any of this. You ripped away our health. care. You've made the cost of living uh. way more challenging than it even was. before. People are barely holding on. Bankruptcies, personal bankruptcies, business. bankruptcies, farm bankruptcies hitting. an all-time high. But folks, let them.
watch Donald Trump do DC Grand Prix that. the taxpayers have to pay for that. nobody actually actually wants. By the. way, like it's cool if you like Grand. Prix, if you like UFC, if you like these. things. I I'm not like hating on that on. Grand Prix. I just we don't need our. taxpayer dollars to fund these cars. going around Washington DC in a. propaganda fest especially when our. country is suffering. The people here.
are suffering and Donald Trump's plan. with Iran. I'm first earlier this week there was. I'm going to just do nothing and that is. going to harm Iran and they're going to. give up. Okay, we've been sanctioning. Iran for decades with some of the. harshest sanctions. What are you going. to do, Donald? Economic D-Day, he says. That's what I'm going to do. Anybody who. does business with Iran, we're coming. after. Okay. Well, what about China?
Maybe not them. What about Russia? Maybe. not them. Okay, so nobody. What are you going to. do? What's the game plan here, Donald? What about Pakistan? Maybe not them. Okay, that's that's where Donald Trump's. over there. Um, meanwhile, Donald Trump. continues to praise Kim Jong-un, North. Korea. We know that Donald Trump has a. love fest with Kim Jong-un. He announced.
again uh while he's also making Grand. Prix announcements that we are no longer. doing military exercises with South. Korea. I did a video earlier today from. the president of South Korea. He's like, "All right, goodbye. See you later. Sounds good. We found out about this via. social media post is what the president. of South Korea said." Understand? All. good. That that's how that's how Donald. Trump the peacemaker does it. Social. media post. Okay, we don't really think. we need you in South Korea also. So,
look forward to us just taking care of. our own security needs. And South. Korea's president, President Lee, meeting with Wang Yi of China, China's. foreign minister. Melania surfaced. I'm. here everybody. She says, I'm Melania's. here. Melania just held a press. conference for the Grand Prix where she. got a helmet. Melania got a helmet, everybody, from the Grand Prix racers. That's what Americans are saying. Oh,
and we can't wait. You hear Melania's. coming out with the lost chapters of her. documentary on Amazon that nobody cared. about. Well, now there are the lost. chapters, everybody. Oo, wow. What? Wonder what's in those chapters. That'll. be a fascinating fascinating watch, Melania. I mean, can you believe this. dystopian absolute show? I mean, Jesus. Well, and again, it isn't Here's. here's the thing. Everyone's like, "Oh,
Senator," not everybody, but like people. trying to make the idea of Senator Assaf. calling out Donald Trump's bizarre, whatever you want to call it, with. Natalie Harp, you know, like that's not. nice to Natalie. That's not nice. Okay. Okay. First off, just setting the. Natalie things. Okay. Okay. Donald Trump. is a sexual predator. Okay. He's been. found civily liable for sexual assault. The guy's on audio bragging about. sexually assaulting women because he. says he's rich and they let you do it.
when you are rich. Okay. Donald Trump is. on audio bragging about going into the. locker rooms in beauty pageantss and. looking at the girls naked because he. says I get to inspect them when I own. the pageantss. Okay, so spare me. Senator Osaf mentioning Natalie. But he. didn't just say, "Oh, did you see. Natalie? Natalie and Donald sitting in a. tree." That's not what he did. He said, "Donald Trump's out there with Natalie.
flying around." Objectively true. Flying. around in a Qatari jet that is. apparently defenseless as the American, this is the most important part. As the. American people are suffering, [clears throat] as the American people. are having their and have had their. health care ripped away, as the American. people are seeing their jobs be lost, they've tapped out of tapping into their.
life savings and they don't have any. more money. Consumer confidence at a. historical low. And while all of this is. going on, Donald Trump's out there doing. Grand Prix and Golden Ballrooms and. hiding in catering containers with. Natalie while the American people. suffer. It's one of the things that I. think Senator Osaf does such a good job. at that he brings these This is what we.
try to do at the Midas Touch Network. It's not. Look, if Donald Trump was a. shitty billionaire who ran off with. people like Natalie and behaved, would we like would I want to be friends. with that individual? No. Okay. I. wouldn't want to be friends with them. Would I devote my time to calling that. person out? Probably not. I mean, why. why why would I? I mean, you know, and. and also what you do in your private. life, you could do in your private life.
That's, you know, my view is governments. stay out. I'm not you do what you got to. do. As long as you're not hurting. people, as long as it's consensual, as. long as you're behaving responsib, you know, absolutely horrific. But but. the issue is. that these people have positions of. power. Natalie isn't some random person.
Natalie's holding and using Trump's. phone to communicate with world leaders. Okay, this isn't like a random person. She's Donald Trump's gatekeeper. Apparently, she's with him at all of. these meetings where decisions are being. made to destroy American alliances, to destroy the American economy, for. Trump to enrich himself, she's there. She's whatever you want to call her, the.
sidekick, the side, whatever you want, whatever you want to say. Um, she's by. his side while this is going on. She's. being paid by us apparently by the. taxpayers. And these are people who are. causing harm to the American people. These aren't oh defenseless. No, no. These are people causing harm to. Americans who are frankly defenseless. against the malicious incompetence of.
the Trump regime. And we're going to uh. call that out. So yeah, Melania is. surfacing. But I also want to talk about. I think some good news this week as. well. Not just focus on the bad news. Big Democrat win in Pennsylvania's. 12th state house representative race in. a plus 18. Trump state house district in. Pennsylvania. The Democratic candidate had a big win.
there in a plus 18 district. flipping. that. 19 point swing. It's a really big deal. in my opinion and it continues the trend. that we've seen of Democrats. overperforming. uh the polling by on average 12.5%. An overperformance that we've seen. frequently and I think you have lots of. MAGA people who are very concerned about.
that heading into the midterms. chief. among them. You have Kevin McCarthy. saying, "We're in a lot of trouble come. the midterm." So, let's talk about all. this stuff. Let's talk about I previewed. it right there. We'll show you what went. down moments ago. You have Melania Trump. emerging as though we. we don't we didn't care that you weren't. in public view, Melania. We we were just. pointing out how bizarre it is, you. know. So, she comes like, "I am here, everybody. I heard you missed me. Here I.
am." No. No. Nobody nobody really missed. you. We we frankly don't really care. about you. We just think this whole. cabal that's going on at the White House. is freaking an oddity while the American. people are suffering. So here she is. We'll just play this moments ago. Good. afternoon. I am here everybody. Here I. am everybody. Let's play it. >> Good afternoon. I heard you missed me. Here I am.
Welcome to the White House. A warm. [laughter]. >> Here I am. Oh, so funny. Melania. So she's so she's so. so inspiring. I'm so inspired by. Melania. And then she's got a lot of inspiring. words for everybody. Like look at this. incredible, gorgeous, powerful race car. YEAH. AMERICA. AMERICA. This when I. think about the red, white, and blue,
this this is this is the American dream, everybody. Here, play this clip. >> Benton. And finally, look at this incredible. race car. Gorgeous and powerful. I'm. sure we cannot wait to see it starts its. engine. Good luck to all of the drivers and. teams on Sunday's race.
Oh, did you see it? Fostering the. future. It's on the race car. The level of just performative stuff. Okay, just do just help the W. It's on. the race car, everybody. That's what's. you know what's really going to help the. foster children? This indie race by. putting foster the children on the race. car. That's and then focusing on not the. underlying systemic issues that need. actual change in the foster care system.
which the Trump regime has gutted by the. way but to say what. important is investment accounts. We. need to make sure that the foster. children are heavily invested in the S&P. 500 as children. so that we can keep this Ponzi scheme. Trump economy going by having that money. get diverted to. the companies that Donald Trump has in.
his portfolio. And then you had the kind. of Grand Prix people say, "We are now. have a gift for you, Melania." Always. gifts. Like, why are they getting gifts? We are giving you a race car helmet. Here, play this clip. And Scott, if the first lady had come. up, you have something special for the. drivers to present to the first lady. [applause].
Okay. What What are we clapping for? What? What? What the hell is this? WTF. America? That's why I wake up and I say. W what the hell? What the hell is that? Okay. But then, you know, earlier this. morning, the American people are deeply. concerned about. we're all very concerned about gas. prices. They say the national average is over $4. a gallon. Out here in California, it's. six bucks. I don't know what it is by. you. diesel out here in California,
seven bucks, which that impacts you too. because. California is the biggest agriculture. state. And so when diesel $7, what where. do you think that's going to get passed. on to? Uh, and who's it going to get. passed on to? The consumer? Of course it. is. Um, but I'm sure in your states. diesel's probably similar. Gas is. probably closer to $6 than $4 in your. state as well, like it is here in. California. Um, mortgage rates, I mean,
are unattainable. People don't have the. savings to even possibly consider buying. a home right now in the United States. People are struggling to pay their rent. right now. But this is the the the Trump. messaging. And and Jeremy, I I don't. need to play this whole clip right here. of Monica Crowley because everybody will. get the point. But with all of this. going on, the media blitz today by the. Trump regime was Indie car racing. Was. Indie car racing. And then I did a video.
on it the other day on State Regime. Media Fox. Jesse Waters big segment was. talking to college. ladies, co young college girls on the. beach wearing bikinis and asking them. about the First Amendment or asking them. um and and and asking them about it. We. we'll we'll play we'll play both of. them. Jeremy, the first one I want to. play is 25 Indie Cars. Let's play this. one.
>> Yes. You know, the president really. promised the American people the. greatest and most monumental celebration. in our nation's history to mark our. 250th birthday. And that's exactly what. he's delivered, including this weekend, which will really be our last major 250. celebratory event, which is the Indie. Car Freedom 250 Grand Prix race. You. know, the last time Washington DC saw a. race of this kind, Thomas Jefferson was. president, and it was America's 25th.
birthday back in. >> Of course, we all remember the Thomas. Jefferson Grand Prix race. We all. remember that certainly. Um, more from. Monica Crowley right here. Um, talking. about um, uh, you know, let's let's pull in the. one. These people are completely. delusional. Jeremy, let's play. >> Absolutely. I mean, there's hard power. and, uh, as we know, America is a. champion of hard power. We're seeing it. exercised by this president all over the.
world, but soft power is just as. important. And this is the kind of soft. diplomacy that we're engaged in every. single day. It is about showing the. world what America is really all about. Our freedoms, our free enterprise. system, our system of government, government, and the kind of leadership. and American strength that is. demonstrated every single day by this. president. So that kind of soft power. exercise is tremendously important. And.
all of the people who came here over the. summer [clears throat] for the FIFA. World Cup, for our 250, and who are now. here for the Indie Car Freedom 250 Grand. Prix, they will go back home to their. home countries as we have seen and. preach the gospel of America and really. how tremendous the American people are. And what an extraordin. >> seriously, you want to talk about soft [snorts]. power and hard power? Soft power. The US dismantled USAID.
The US has treated every country in the. world like absolute crap other than. North Korea and Russia and perhaps China. as Donald Trump is a bootlicker of Kim. Jong-un, Xi Jinping, and Vladimir Putin. Um, want to talk about hard power. The. US got its ass kicked from Iran in a war. that Donald Trump pretends that we. control the Strait of Hormuz. You got. another Barack Rave article out this.
week from Axios. The US has opened up a. stealth route through the Strait of. Hormuz. A stealth route. Not so stealthy when. you publish it. We're bringing in half. or maybe even 60% as much oil as we did. before the war started. Well, that. wouldn't be good if true, but that's not. true. It's just an absolute lie. If if it was true, then what are we if. we're if we are bringing in all this.
oil, then why isn't it being reflected. in the data? If why is the strategic. petroleum reserve at tank bottom? Okay, let's just accept the what they're. trying to do. Okay. So, you're saying. that all this oil is being brought in, but also. what's up with the market? So, you're. extra. dumb. No, the truth is is that there's. no stealthy route. We know the route.
It's by Oman. Iran knows the route. And. every other day, Iran strikes a tanker. There are some ships that get through. the southern route by Oman in the. straight of Hormuz, but not 10 million. barrels a day. The the lying is just so. stupid. And it also signals to Iran just. how desperate Trump is, how weak he is. Iran knows, you don't think they know in.
Iran that we're at tank bottom, that. Iran can wait this out and the Treasury. yields will continue to rise. Why do you. think Bessant made the move that he did. yesterday? Which by the way, we did a. detailed analysis with Midas Touch chief. economist Justin Wolfers about the bond. buyback scheme. I hope it was helpful to. hear the way we broke it down because. oftentimes you hear about these things. and it's inaccessible. It's like what. are they talking treasury yields? What.
the hell are they talking about? Right? Um, but you had Bessant manipulate the. market to bring down the Treasury yields. by doing a bond buyback scheme of $4. billion, but then signaling to the. market to manipulate it that the. Treasury would potentially do. uh yield curve control. um or potentially, you know, take. broader steps beyond the $4 billion uh.
buyback. back. So, for a short period of. time, the market was manipulated. But, as I've said before, and you know, a. constant theme I talk about when it. comes to using the um reflecting pool as. the bigger metaphor of this Trump. regime, you could paint it blue for a. little bit, but the algae always comes. back, right? You could pretend you've. solved an issue with a miracle cure. You. could call it American flag blue. You.
can attack Biden and Obama. You could. try to scapegoat this person or that. person or blame this person. The algae always comes back unless you. actually fix the problem. And Donald. Trump's a guy who's a fraud his whole. life. And so what does he do? He. defrauds people. These are all these are. schemes. These are Bernie Maidoff like. schemes done at a much grander scale. So. the market today said.
That's what they said today. The markets. treasury yield surged higher than they. were yesterday. I'm sure there were. arbitrageers who made that money though. Who made the market manipulation money? Not you or me or most Americans, but I'm. sure they were the same way. Bessent. when he engaged in the bailout of the. yen. Remember remember two weeks ago the yen. bailout, the Japanese yen bailout. Well,
that didn't work. The yen continues to. decrease. It worked for a day. Worked. for a day. We sold euros. and converted them into yen without. telling the European Central Bank. First. time we did a swap like that and not. alert another central bank, especially. the European Central Bank. Worked for a. day. But then guess what happened? The. algae always comes back. You've got the. yen crashing yet again. And the Japanese. are going to have to do what.
we feared they were going to do. Sell US. treasuries are the biggest holder of our. treasuries. And what's that going to do. to the yields? Up, up, up, up, up. And. what does that do to our debt? Up, up, up. What does it do to our deficit? Increase, increase, increase. Because we. now have to pay interest on that debt at. these higher rates. And that is deeply. problematic. $1.3 trillion.
a year has to be paid in interest now on. this paper that foreign holders don't. really want to hold anymore. Um, as Carl. Kinttonia posts and he's citing an. economist here, it's like uh. disconnecting the smoke alarm so they. can keep playing with the matches. I. mean, the United States is behaving. I. think there was someone who says, "Do do. you have this meme, Jeremy, where they. were showing Bessant like trying to put. out all these fires? We may not have it,
but it's like the US is behaving like. 1987." Yeah, here it is right here. Uh. Lars Christensen says, "I'm getting a. lot of emerging markets vibe with. Bessant and it's not Poland in 2006. It's Bolivia in 1986.". Bessant trying to decide whether to. intervene in treasury, currency or. energy markets today. And this dude is. failing and he is flailing. And I don't.
like being right in these things. I. don't like being right. But I hope when. you go back and you think about our. discussions together and the things I. was saying two months ago that you know. haters of Midas touch would tell you, "Oh, he's being hyperbolic. These things. aren't going to happen and d and they. don't know. Don't worry about don't call. him fascist blah blah blah blah blah." I. hope you see that, you know, we were. right about these things and I was.
warning about these things because they. were pretty freaking obvious and you had. all this you had all of this kind of. corporate news deluge whether it was. Axios or Politico or this one or that. one saying Donald Trump said the. straight of Hormuz is open. We have a. super secret route. We're making. progress. Things are going amazing. Iran's not going to last another two. days. Oh, it's going to be great. We've. never been stronger. Bessent figured it. out. He's Don't underestimate Bessant.
Shut up. We know what's going on. All. right, let's take our first quick break. of the day. Quick reminder. Make sure. you all subscribe to the YouTube. channel. Get your copy of WTF America, the book that I wrote with my brothers. It comes out October 20th, 2026. Pre-order it now. Also, I did a long. interview this morning. I was up early. speaking with Anthony Scaramucci. I. joined his podcast this morning. We. spoke we spoke for about an hour. Uh.
check that out. Um I think that's going. to go up. They're going to put that on. audio soon as well. I was interviewed by. Scaramucci. I think we told the book. Where's the book? Right there. Right. there. All right. Thanks everybody. We'll take our first quick break of the. show. Before continuing one quick PSA for the. mightest mighty when it comes to. Medicare. Most Medicare agents push. Medicare Advantage plans even when. they're not right for you because they. make more money doing it. That's why we.
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and benefits at springleleep.com. Welcome back to Ben on breaking news. I'm Ben Myelis and this is your breaking. news. Uh. show you what Treasury Secretary Bessant. was uh saying earlier today. held a. press conference outside of the White. House. He was asked why uh why oil's. going up so much. Bessent, you told us. you were going to get this under. control. Weren't you promising something.
with a two in front of it by now? So. Bessant goes, we got a spike in oil. prices today that I don't really. understand. He says, I don't really. understand it. Here, let's play this. clip. >> Declining. We got a spike in oil prices. today that I don't really understand. You know, our announcement is for uh. economic. uh action and I think that the economic. action will mean that oil prices will. come down sooner.
>> I you don't understand it. I mean, I. think actually most Americans do. understand it. We are in a catastrophic. war that the US lost. We went in there with Netanyahu, a. genocidal war criminal. We started. slaughtering little girls in Manab, in. La Mer, and other areas. The Epstein. class slaughtered little girls in Iran.
The United States blew up 30,000 other. sites in Iran. Iran. maintained its leadership structure, took control over the Strait of Hormuz. Everybody predicted that they would. And. the US has since then under Donald. Trump's completely failed and utter. deranged and demonic leadership has fake. conversations where he f makes fake. deals up with himself. And as I said.
before the break, the algae always comes. back. You can't hide it. You I mean, you. know, because the US led the postw World. War II architecture, okay, that's not a. minor thing, you know, it's not like. building a shitty Donald Trump building. or something, you know, with, you know, not the best material and then. pretending it's great and whatever. That's not what it is. This is post. World War II security architecture, right? Remember we used to like watch.
the History Channel or you'd watch the. World with World two videos and you. would see American generals and you. would see American presidents, right? You'd see FDR, you'd see Truman post. World War II, you would see Eisenhower, you would see all of these people, you. know, speaking in carefully worded. statements. And you know, let's be. clear,
the postworld war II architecture had. lots of problems. It was not perfect for the entire world. It wasn't perfect for the United States. I'm not out here saying, "Look how great. everything was. It was so amazing." I'm. simply saying that the architecture that. was created with America as the leader. was intended to benefit America. And Donald Trump viewed that as.
not enough, that it had to be more, that. we were being exploited by the countries. who. had to deal with American military bases. in their countries and bought our stuff. which. would ultimately. go to America, Donald. So the. architecture is hard to unravel, but. Trump did it. He managed to do it in two. years. Two I mean, you know, it's it's.
didn't do it the first year, but he. definitely eroded. the architecture. And right now it's. like America in the it's it's. embarrassing. Like it is truly if you. use a modiccom. of logic and you have a threshold where. you actually feel shame and humiliation. like you should genuinely be humiliated. at what America is in the world right.
now. It's a shameful thing. And you can. say that as a patriotic American who. hopes to one day restore the dignity and. restore trust and restore predictability. in it. But what Donald Trump has created. is the way people would look at the. Trump organizations in the 80s and the. 90s and before the apprentice gh. the f the what the f that guy is a piece.
of That's what people would say in. New York about this guy. He said. that's like the United States now of. America. That's what we've become. Excuse my. That's what people would say about Trump. when you know this is a guy who was a. wrecking ball to so many people's lives. That's what America becomes. So Treasury. Secretary Bessant, this is a confus. [clears throat] Why did the oil price. spike? I don't know. Maybe because we. got less oil. Again, I'm not sure why the Mickey Mouse. voice. Maybe because we're not bringing.
10 million barrels out there, Treasury. Secretary Bessant. Maybe that's why. Okay. Wait, what do you what. really sucker? We're not bringing 10. million barrels a day. We don't control. the straight of. despite Donald Trump posting. That's my. new coping mechanism. I do Mickey. impressions about how ridiculous our. country has become. It just comes out of. nowhere, too. I can't control it. That's. just Mickey. [laughter]. Um, I can't control I'll stop doing.
Mickey impressions. Um, US does not control the straight of. Hormuz. Iran controls the straight of. Hormuz. Babel Mandab straight Red Sea. The. Houthies can effectively run a blockade. as it relates to Saudi tankers, which is. what they are doing right now. Trump. said he would solve Russia's war against. Ukraine in 24 hours. That didn't happen. And Ukraine is now striking hard deep in. Russia. Refineries there. Tankers in the.
water, right? Black Sea, Sea of Azav, Russian tankers getting hit. Russia. striking hard in Ukraine. Russia strikes. in Kev last night. Jeremy, do we have. the video of the Russia strikes in Kev. last night? Ukraine doesn't have. There it is. See what you're watching. right there with these strikes. Ukraine. doesn't have interceptors. So, Russia's ballistic missiles can. strike whenever they want at this point.
Look at this other one right here. Boom. Um, nothing Ukraine can do about it. because Trump promised Zalinsky, we're. going to get you an interceptor or get. you interceptor licenses. Trump ran out. of interceptors for the United States of. America. Regardless, you wouldn't have. he's not even going to give Zillinsky. the license. though, you know, but uh. ton of people killed in Ukraine. yesterday and we're heading to the. winter and Russia's been building up its. ballistics, its cruise missiles, it. shahides.
Who who do you think is helping Russia. with that? Who do you think's helping? North Korea, Iran, China? That is what it is. That's just that's. just the just the reality. A lot of the, as Donald Trump says, North Korea's done. nothing harmful. Why would we and South. Korea be hostile to North Korea? Dude, in the past 12 hours since Donald. Trump made that statement, Kim Jong-un.
launched about 10 ballistic missiles. right around Japan. and said, "We are not changing our. position. about South Korea, Japan, or the United. States because of Donald Trump's post.". Kim Jong-un's sister, who has a top military position in North. Korea, said, "We're not talking to. Donald. We don't know what he's even. talking about." Kim Yo Jang said she's.
unaware of any recent communication. between Kim Jong-un and Donald Trump. I. mean, it's like a humiliation. ritual. Donald Trump just pretending. he's like talking with authoritarians. who he like dreams about. It's freaking. weird, man. And uh you know what? If you. go and watch the interview I did with. Scaramucci, I said I said I said much I. said this guy's just a this guy's just a. loser. I said there's so much to. criticize obviously.
and I would never want an authoritarian. in our country. I want democracy. I want. empathy. I want dignity. I want civil. rights. I want equality. You know the. values and principles we talk about. here. But the part to me that's undeniable is. that this regime is a regime of loser. These are loser. These are loser people. These are lifelong losers. who are just bad people and they're.
horrible at at doing that. They're. horrible at even being authoritarian. They're just bad. And I watch them. I'm. like the what the hell are they do? What. the hell are they doing? The hell is. this? You know, you watch Brooke. Rollins. She's asked, "Is affordability. becoming a test?" This is on Newsmax. On. whether the Trump administration can. deliver on its economic promise. How do you think she answered this. question? Do you think she said, "Well,
we understand that the American people. are deeply concerned, so we're going to. be rolling out specific plan X, Y, and Z. to make things less expensive." or I'll. give you B. Joe Biden did it. Joe Biden. did it. A or B? Let's find out. Let's. play it. >> With the midterms approaching, how do. you see this playing out? Is food. affordability really becoming a test of. whether the Trump administration can. deliver on its economic promises?
>> No. affordability uh you know I think. continues to be a a key conversation as. it should be but I think we have to put. this all into context and certainly on. the food side uh which is what we look. are looking at at USDA protecting the. food supply number one but affordability. as well under Joe Biden the cost of food. went up almost 25%. I mean this is what we're battling. against right now under Trump we are. right at the 20-year average which is. around 2 to 3%. >> uh is Joe Biden Biden's fault. August.
20th, 2026. It's Joe Biden's fault. Really? The guy. who ran. Now, I'm referring to Trump on. I will lower the costs on day one. Your. electricity bills will be cut in half. Everybody will get $5,000 Doge dividend. checks. Groceries will all be super cheap. It'll. be so easy to afford a home, you're not. going to even know what to do with it.
You're going to be so rich, it'll be so. easy to afford a home. Of course, I'll. be able to stop Russia's war in Ukraine. in 24 hours. Gas will be $2 a gallon. Yeah. Really? Really? So, uh, that guy couldn't fix it, but he said, "I alone can fix it. I alone can." All. right. Bessent. Bessent. Bessent. Bessent. You got better answers than. Brooke Rollins, right? Treasury.
Secretary, right now our national debt has exceeded. $40 trillion. $40 trillion. We're paying $1.3 trillion. a year right now in interest on that. debt. What's the deal? How did this happen? Is. that a Should we be concerned about it? Let's listen to what Treasury Secretary. Bessant had to say. play this clip. >> And remember, we did not get here in a. day that we were left with a mess. The.
Biden administration had the highest. deficit to GDP in history when we. weren't at war or weren't in a. recession. For 2025, we brought it down. by more than a percent. >> Trump announced. >> Okay. Really? So, that's Biden's fault, too. You do realize that 35%. to 40% of all of that debt.
comes from comes from your boy. It comes from Donald. Where do you think it was coming from? Where do you think it comes from? His. first term, this term. And by the way, should we say. that the debt did go up under Biden? Biden ain't the president. Biden dropped. out. So under your logic, Trump should. drop out. Let's just assume they're. right. Biden, Biden, Biden, Biden. Okay.
Well, Biden dropped out. So Trump should. drop out. If you're saying Biden as your. shield of Trump, Biden dropped out. So. Trump should drop out. That's I guess. the logical conclusion, right? That's. seems logical to me. But let's also be. real. under former President Biden. Whose mess did he have to inherit? Trump's first term, he inherited a. prosperous economy from Obama and he. screwed it up by the time he was done. with it. He handed former President.
Biden piece of crap economy with COVID. raging. with shipping destroyed. with the disastrous way PPP was dealt. with where like hundreds of billions of. dollars were just like lost were just. like lost by the Trump regime that. didn't actually hit the American people. went to lots of rich people. But I need only show Donald Trump. running for office in 2015.
[snorts]. And this was Donald Trump now that we. know the US debt reached 40 trillion. Donald Trump once warned of the dangers. of reaching a debt level of 20 trillion. or 24 trillion. That's the point of no. return. He said when he ran in 2015, here's what he said here. Play this. clip. >> Because we really do have to get going. Because if we have another 3 or 4 years, you know, we're at 18 trillion now. We're soon going to be at 20 trillion.
According to the economists, who I'm not. big believers in, but nevertheless, this. is what they're saying. That 24. trillion, we're very close. That's the. point of no return. $24 trillion. We will be there soon. That's when we. become Greece. That's when we become a. country that's unsalvageable. And we're going to be there very soon. We're going to be there very soon. >> America.
>> That's when we become 1987 Bolivia or. Argentina. or an emerging market as I discussed. earlier. And again, I don't know how. anybody watches that and sees where. we're at now and doesn't go, "What a freaking con artist. What a piece of I don't know how you. don't. I really don't. I I don't know. how you don't look at that and go and.
just get angry.". I also don't know how you look at that. and go, "Man, this guy has cognitively. and physically rotted away." I mean, what the hell was I mean, you compare. him now to to there. I mean, it's still. a bunch of nonsense back then, but. looked like a different human being. All. right, let's take our last break. WTF? Let's take our last break of the show. Reminder, QR code right there. Uh, pre-order WTF.
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Welcome back to Ben on breaking news. I'm Ben Meelis. This is our breaking news. Shout out to. Jordy, my brothers, for those great ad. reads. Thank you to our sponsors. They. support our show. Jordy negotiates. actual deals, not concept of deals, not. frameworks, deals with our sponsors in. order to bring them to you. Uh, so put. the discount code in the description. below. By now, I'm sure you've seen the.
clips of Darlene Graham, Lindsey. Graham's sister, who for reasons that. are inexplicable to me and probably more. inexplicable to people who don't live in. the United States, is now a United. States senator simply because she's. Lindsey Graham's sister. she was. appointed. What kind of system do we. have here? The WTF. Um, and [snorts] at. the debate, she was asked a pretty basic. question about Taiwan. Uh, what do you think about Taiwan, threats around Taiwan? And her response.
is, I don't really know anything about. Taiwan. I'm going to be honest. I don't. really know anything about uh foreign. affairs, she said. And then I think even. perhaps worse than her is uh like I know. she got a lot of crap for saying that. But then you had her uh opponent. um who is Ralph Norman and like I get. Ralph Norman answered the question. confidently.
but he's like and that's why China fears. us peace through strength and why do you. think China is worried about us and. scared about us? I don't know whose. answer I would They're both horrible. answers. like like they're equally bad. like her. answer got the attention because she's. like, I don't know foreign, this is what. the Republican party is. I don't know. foreign affairs. And then Ralph Norman, her opponent in South Carolina, and. that's why China's terrified. What world.
is China terrified? Like, you know, these people who call themselves China. hawks. We're going to be strong. We're. going to decouple. Dude, China, I can't. even say is cleaning our clocks because. that's the present. It's been done. They. have cleaned our clock. China right now, definitely in Asia is indisputably the. hegemonic power. I would argue in the. Middle East right now. And I would argue.
internationally I would say the Chinese. the military in China significantly. stronger than the United States right. now. And you could be like, "Ben, that's. crazy. That's crazy." Well, we don't. have weapons. Okay. Okay. One side has. weapons, China. One side, the US, is out of weapons. The US ran out of weapons in a war with. a country, Iran, that was not even a.
regional power at the time. We shouldn't. have been involved in this catastrophic. war. I'm not endorsing the war by. saying, "Oh, we should have done." I'm. just letting you know an objective. reality. We went into a catastrophic war. with Netanyahu, a genocidal maniac. We. should not have been involved in this. war. But Iran was not even a regional. power. They are a regional power right. now. Iran won the war. I think as a patriotic America, we have. to recognize that America lost. Okay. But Donald Trump is a lifelong predator.
He's a sex predator. He's been found. civily liable for sexual assault. He is. he can't accept an L even when he. whines. So, it's clear we're never going to. resolve this catastrophic war in Iran as. long as Donald Trump remains the. president. Just look what he did with. Eugene Carol. I mean, obviously sexually assaulted. her. She's He's been found civily liable. for that. I can say that definitively.
Sue me. I dare you. I dare you to sue me. for that. I would I would be, By the way, if Trump. were to sue me for that or whatever, my. strategy, I would go to trial right. away. I wouldn't play these games on. motions to dismiss. I would take his ass. to trial. I would set his deposition. right away. I wouldn't even. around. I'd put his set his deposition. immediately and start asking him about. all of the allegations. I just go. through it seven hours. I'd ask the. judge for three days worth of. depositions. But I I digress. But my.
point is he gets rejected by the Supreme. Court in his petition for Sir Shiari to. appeal a case that he and then he. petitions again. Then he petitions. again. You lost buddy. You're a loser. You're a sexual predator. You've been. found civily liable. Get the hell away. Sicko. Right. But Iran, who who do they. go after? Who do they go after on day. one? Just think about it. What did Iran. strike day one? They struck the American.
logistical sites. Bahrain, UAE, where else? aloud. so that we couldn't bring supplies to. our aircraft carriers. That's where Iran. struck after we attacked them. Where did. the US strike Iran? Little girls. slaughtered 168 little girls in Iran. And it sickens me to this day, right.
now, that that just isn't talked about. more. It sickens me. It saddens me to. think that I live in a nation right now. and I think as a patriotic American I go. like well Ben then get out of here then. don't be here then go somewhere else. No. I love I still love this country. but. I think that it's sick and demented and. I can't even think of the words that. describe it. And it's not just there. It's La Mer and it's other areas we then.
Trump and Hegsith slaughtered the day. before that. a little girl's playing volleyball. 16-year-old 15y old girls playing. volleyball with and they tried out sick. a new weapon that sprays these pellets. and exploded over the girls playing. volleyball and the pellets killed the. little girls playing volleyball in a. gym. undisputed fact that that happened.
undisputed fact that it happened. And so. the Trump regime. engaged in this catastrophic war, lost. to a regional power. Well, not a reg now a regional power in. Iran. And right now you have China in its. ascendancy. And going back to where we where we. started this and I went all over the. place. I know I weaved and then wo and.
then kind of forgot where I was. But in. all seriousness, you have Ralph Norman. saying that we're somehow stronger than. China right now or like China or China's. afraid of us. China's not afraid of us. South Korea's foreign minister just met. with um or or South Korea's president. just met with Wang Yi, China's foreign. minister, and and talked about a new. security umbrella in Asia. We've had to.
move our last aircraft carrier from the. Pacific. Donald Trump is. now getting rid of the army drone. program that former army chief of staff. Randy George was pioneering because. Hegsith and this sickantic new army. chief of staff that Hegsith put in this. guy Christopher Lenv who replaced Randy. George wants to get quote back to the. basics. back to the basics. We got to be like.
what we were in World War II. Okay. What? We're We're We're in 2026 now, though. Drone warfare. We don't need. battleships. We need drones, anti-. drones, unmanned submersives. The hell. are you talking about? Get back to the. basics. It's like idiotic. Donald. Trump's like, "We don't need electromag. We shouldn't have electromagnetic. launchers on our aircraft carriers. We. need steam catapults. The are you talking about? We need steam. cat. What are you talking about? We just. just engineer it the way our experts. tell us to engineer it with steam.
catapults? What are you talking about? I. want to redesign the Ford class aircraft. carriers so they look like battleships. from the from 1925. Why? Why would we do that? Why why are. you so freaking stupid? Again, this. isn't like dem it's like you're dumb. like a dummy idiot malignant. narcissistic idiot loser. Like what the. hell is this? So these are important. they're important questions. We were. certainly you know so when Ralph. Norman's like this is America strain. this is America strength when they tell. people this is the golden age. This is. the really this is the golden age. This.
is a this is what y'all wanted. This is. what you This is why you sold us. This. was your vision. Or maybe for them. because they're doing all the inside. trading or they're making all the money. or they're getting all the deals and. they're doing it for themselves. personally. Well, maybe it is for them. This is what they wanted. The ultimate. grift where losers are able to loot and. pillage from the American people who are. hardworking and just want to earn an. honest day's living. While you've got. Treasury Secretary Bessant doing bond.
buyback schemes, while American workers. just saying, "I worked my ass off today. Why am I not getting paid with dignity. so I can support my family and buy a. home when I did everything that was. asked of me and I can't even buy a home. right now? I can't even afford my rent. right now. I can't get health care right. now." And you idiots want to talk about, I don't know, the WNBA player getting. fouled hard because she's white and you. want to make this into a white versus. black WNBA player. We don't know what. the hell you're even talking about on. Fox. Just focus on what we're talking.
about here. We have people working who. are getting healthc care ripped away. We. got people here who are struggling to. live in the United States and we're in. these never- ending wars. You got idiot. White House posting these weird photos. of Mario Kart, Donald Trump like as. freaking Mario, but it looks like he's. riding with freaking Jeffrey Epstein in. the back. Did you see this photo? It. looks like he's riding around with Carol. with either Carolyn Levit or Natalie. And looks like Jeffrey Epste is in the.
back. Did they literally pick Jeff? Who. is that in the background? Mario Kart. with the worst type of Mario Kart. Sexual Predator Mario Kart, Donald Trump. and Epstein. The hell. the hell is even going on there? Crazy stuff. Anyway, Darlene Graham. So. then she. Darlene Graham. That was the point. Focus Darlene Graham. So she is on Hannity. And I just want.
you to watch the double standard right. here. I'm going to play for you this. portion. This is a person who's a United. States senator. Senator. This is a. United States senator. It's like a. transformer. She's a senator. Here, let's play this clip. >> Because there are votes that go toward. funding wars or declaring wars. And if. you're a deciding vote in that factor, how can we trust as constituents that. you'll make the right decision if you're.
not informed on national security issues. at this moment in time? >> That's a fair question, right? But you. know, I answered it honestly because I'm. not a national security expert. Lindsay. was, right? Because he talked a lot. about national security. You know why? He spent 33 years in the Air Force. He. had a military background. So he had a. lot of foreign relations and that was. his focus. To me, as I walked around. this room and I've asked people, are. y'all concerned about Taiwan? You know.
what they said? No. They're concerned. about the price of groceries, the price. of gas, rising health care cost. Is. national security important? Absolutely. Can I learn? I'm smart. Yes, I'll learn. I'll become informed. Everybody has a. first day on the job. President Trump, was he a politician? Has he done a good job? >> Yes, he has. So,
That's my answer. So, but I will always. be honest. >> Yeah, >> I'm always going to be honest with all. of you. I don't know a thing about. national security. Ain't my thing. I'm. running. When I speak to people in this. state, they don't care about Taiwan. They just care about groceries. Okay? They care about the groceries. Y'all are empowered. People are saying, "Who is that?" That's Darlene Graham.
That's Lindsey Graham's sister. She's. currently a United States senator. because she got appointed in that. position. by the governor because Trump wanted her. to be in that position. Okay. So, during. her debate, she said she doesn't know. about anything about Taiwan. And then. she's now been going, "Oh, shooks. I'm. just an honest person. and I don't know. I'll learn." Donald. didn't know. Yeah. The problem is that.
Donald didn't know and he still doesn't. know and he's winging it and worse he's. enriching himself and that's all he. cares about and he is a malignant. narcissist and a psychopath and a. sociopath and a demented individual who. has caused all of these issues. And also. it is related. It is related. We don't. just care about national security. because it's like a topic. It's like.
jeopardy. I'll learn that category a. little bit better on the job. It's. because it's national. security. We are a nation and perhaps the security. is important to the nation and perhaps. all of these things are related. as we've seen in the war. Why do you think the price of gas is.
going up? Do you think maybe it's. because we have idiots who don't know. about national security or just think. that Trump and Netanyahu would be. greeted like heroes after bombing little. girls in Iran? Do you think that maybe. if we listened to national security. experts, maybe, just maybe, we would not. have gotten involved in a catastrophic. and unlawful war that anybody could have.
told you the outcome? And then maybe. just maybe darling darlene just maybe. darlene that's connected to the. affordability issue because when you. tariff the world and you start wars. around the world things blow up and you. know when things blow up you know what. happens there's I'll give you a basic. economics lecture there's less of it and. when there's less of it darling you know.
what happens. costs more money and so perhaps national. security is also related. oh shucks to affordability darlene just. maybe that was an issue and maybe we. need people who understand these things. as United States senators and when you. go touring around South Carolina and. there are people who may not know what I. just described about Taiwan on by the.
way very important for a lot of things. tech semiconductors broader national. security implications regarding the US. trade relationship with China. rare earths a lot of issues but guess. what Darlene. you're running for the United States. Senate you are a senator or as I said. before a senator. and your job is to be a leader and to. know these things cuz that's what your.
job is, not to be I'm just going to try. my darnest. I'm going to do my best for. the people. But again, when you listen. to what Ralph Norman says and he's like. and that's why China fears us. If you. truly believe. that China fears us right now, I'm not. sure who I'd want better in that, Darlene or I want none of them, but. who's better? the guy who is so. delusional or is so freaking co-opted.
that he's got to say that or Darlene's. like I just don't know. I don't know. But to me, I don't approach that. criticism that I just gave you as well. this is my Democratic talking point or. we've got an election in 75 days. So. that's why you've got to vote Democrat. No, I don't. I'm I'm calling this out. from the perspective of leadership. I'm calling this out from the. perspective of competence, from the perspective of strategy,
from the perspective of being an adult, being a grownup. I approach this from the perspective of. being a public servant means serving the. public. Not talking about Grand Prix. racing. Not talking about golden ballrooms. Not traveling in catering containers. with Natalie. None of this weird It's about. serving the people.
And so that to me. is, I think, our challenge together as as as. as we think about this. And so I I I. leave you with this also, which is, and. I I'll mention WTF America, but and and. I I know some people like, "Stop. plugging the book all the time. You plug. the book too much." But I'll tell you. why I do it. Um. because what I try to set out in it is.
the generational. challenge that we have. Because if we. continue down a path of Obama, Trump, Biden, Trump, fill in the blank, Assaf, Nome, AOC, Buddhajit, whoever, whoever you have, and then Dantis. or Rubio, and then name the person Oaf.
AOC if if that's the path and politics. becomes this like gamified And it's. we have zero credibility as a nation. And what we have to do is ask more. fundamental questions which is what's. the point of governance? What are we. looking for in leaders? Where do we see oursel as a nation? Not. just over the course of the next six. months to a year, but where do we see. ourselves in the next 5 years, 10 years,
20 years, 50 years? And. what does what does it mean? And I know. this feels existential and perhaps. sometimes. uh philosophical and preachy, but it. isn't intended to to to do that. I mean, why it's it's the broader why, which I. know in the day-to-day hustle, we ignore, but it's also like like why. are we here? You know, life is short. You heard the you hear the expression.
why why what are we doing here? it isn't. it to find meaning in all of this to. bring joy to ourselves and to others to. leave this place that is a miracle. whether you're religious or not that. we're here isn't it to leave this place. better and isn't it to aspire for better. and to leave other generations ideally. with a better place and to navigate the.
challenges that we have here um but to. but to try to do it with a smile and. with joy and and and to help others like. at a whether you're religious, not. religious, this isn't a religious. network. This is but at a at a core. level. I mean, you know, you look at. Lindsey Graham's life and it's like, you. know, he's a feeder fish who would try. to find whoever he thought was his shark. and he devoted his life to genocide and. killing and death and then he died.
with his stupid MAGA hat and his, you. know, and and and and he he's dead. That's why you live to be, you know, you. live to be, you know, Donald Trump's so. many things I could say, but I'll keep. it appropriate. um guy, you lived to be that like that was your. like that's what you did and and and to.
root on the deaths of the little girls. and like that's why you lived like what. are we doing here like I mean it. sincerely and. what I hope this network does what I. hope these episodes I I have to react to. breaking news of course that's what I do. it's a breaking but I hope the ecosystem. that we create and inspire, whether it's. with and and and and work with and help. promote, whether it's the Katie Fangs.
and the Aaron Parnes, the Scott. McFarland's, the Legal AFs, the Karen. Freriedman Agnifilos, the Tennessee. Brandos, the working with the Allison. Gills, there's so the F, you know, the. the Five Minute News and and working. with uh the Dena Dolls. There's so many, you know, trying to uplift. and use this platform to create an. ecosystem. The way I saw Fox and right-wing.
ecosystems built for the last 70 years. for such bad, for such toxicity, if we. can build one for good, an ecosystem for. good that spreads better positive, then. we can tackle the generational issues. And so that's what I leave you with. right now. All right. Thanks everybody. for watching. Appreciate you. Get a copy. of WTF America. Uh watch the Brother. show tonight, will you? Um 8 Eastern, 5.
Pacific. We'll keep on. loading content throughout the day. Do. videos throughout the day. But thanks. everybody for watching. We appreciate. you. Shout out Midasmighty. Have a good. one everybody. Want to stay plugged in? Become a subscriber to our Substack. [music] at midasplus.com. You'll get. daily recaps from Ron Filipowski, add. free episodes of our podcast, and more. exclusive content only available [music]. at midasplus.com.
