LIVE: Trump GIVES UP WAR as PRESIDENCY COLLAPSES!!!! 8/4/2026
Welcome to Ben on breaking news. I'm Ben. Mecelis and this is your breaking news. Earlier today, Donald Trump essentially. surrendered to Iran yet again. This. time, Donald Trump is not saying that if. you don't make a deal with us, we're. going to decapitate you, Iran. Now, he's. saying, Iran, you better make the deal. You're already negotiating with Oman or. else we are going to decapitate you. So.
you still have the war crimes, the. disgusting language, the threats that. he's been doing now. It seems every week. I'm going to blow up your bridges. I'm. going to kill your civilization. You're. going to be whatever he says. No, but. this time he's saying you better do a. deal with Oman or else. Now you've been. following the Midas Touch Network. You. know that Iran has always been okay to. do the deal with Oman. That's what Iran. said it was doing because if you look on. a map of the straight of Hermuz on one.
side is Iran, on the other side is Oman. Iran has taken the position that both. countries have territorial claims to the. waters that it's not international. waters is what Iran argues based on its. distance from uh Iranian territory. And. so Iran's always been working uh across. uh the foreign ministry level to do this. deal. They even set up an organization. uh for the purpose of collecting tolls. or environmental fees. So because Donald.
Trump is completely incapable of doing. any deal except just fraudulent deals in. my opinion or just saying the word deal. deal. The new approach after throwing away the. memorandum of understanding, escalating. the war, killing more innocent Iranians, having our service members killed is to. basically say, "All right, Iran, you go. do that deal with Oman right now." Okay? Or else. And then this is what Trump's. actually good at, stealing credit for.
things, right? Blaming and stealing. credit. So that's what Donald Trump's. going to do. He's going to let Iran and. Oman do the deal they were always going. to do. No. And Trump's going to say, "Mission accomplished. We did it.". Notice. there's no discussion about. denuclearization. There's no discussion about the type of. diligent international oversight that. Iran agreed to regarding nuclear weapons. capabilities in the JCPOA.
No. Instead, what this is about is Iran. make a deal with Oman. Now, this comes. at the same time where Reuters has. reported that the United States is. pretty much completely out of precision. munitions, right? So, you know how. virtually all. not like 20%, 30%, not like, oh, right, we're going to start to uh dig into our. stock piles right here. No, no, no, no.
It actually is far worse than what the. warnings were from our military. generals, at least publicly. Reuters. reported this morning, "The US has used. virtually all of its long range. precision missiles missiles during the. Iran war." Sources say, "We've been. reporting on this for weeks now. We've. been doing the count." I said, "All. right, looks like they've used 12 fads. over here. It looks like they've used 35. new pack 3es over here. What about the.
SM3s from those Navy destroyers? Trump. has quite literally destroyed our. military. Trump and Hegsith and this. whole gang of war criminals, right? And. I mean, it makes sense because one, he's. a bankruptor, and two, whenever he says. he's built something, just do the. opposite of it. He he destroyed it. I. mean, he's reflecting pool boy. I mean, just to remember when we talk about, right? Doesn't it feel like months ago. the reflecting pool story? Trump is. reflecting pool boy, right? He lies and.
says vandals destroyed the reflecting. pool. He makes his entire presidencies. like big mission. We're going to paint. an American flag blue. Don't focus on. the 21,000 stock trades that I've done. and the billions of dollars that I've. made and the settlements I do with the. IRS to give tax immunity. No, no, no. Paint it blue. Obama and Biden, they. destroyed the reflecting pool. 1922, I'm. just going to start to say numbers.
because 1922, 58 million, 63 million, uh Obama, Biden, Auto Pen, Fouchy, right? That's that's. what they made the reflecting pool the. cause of the of of the regime. Then. they, you know, attacked David Hearn. They said he's the vandal. They went. after him. Um, they did a felony. prosecution against him for felony. vandalism of property. It was all a.
fabrication. Uh, Janine Piro admitted it was a. fabrication in court documents when she. had to, you know, present evidence in a. court of law. And then she said the. Department of the Interior, they gave me. the fabricated evidence. They gave they. they didn't give me the exculpatory. evidence. So now we've got to dismiss. it. But Trump's reflecting pool boy, if. this is what he's doing in the. reflecting pool, and to this day he's. still saying the Vandals did it. The. Vandals did it. Janine Piro folded like.
an umbrella. Like an umbrella. Folding. like an umbrella is a very interesting. imagery. It's false. She folded like an. umbrella. She was wrong. I'm angry at. her. I mean, this is the guy who And. this is the regime that's covering up. the Epstein files. This is the regime. that's out there getting us involved in. this catastrophic and unlawful war in. Iran that makes the like these are the. core he's a felon like he's a bad guy. he's a bad human he deserves to be in. prison right I mean that's how felons. behave I mean you know that I believe in.
rehabilitative justice you know. sometimes but you know he's he I don't. think he's capable of rehabilitative. justice he takes no accountability for. anything he should be in prison and so. oh my god the felon's acting like a. felon you separately he was found civily. liable for sexual abuse. Ah the sexual. abusers behaving like the sexual abuser. You know he's bankrupted most of his. companies. Ah the bankruptor bankrupted. our military. Yeah he's reflecting pool. boy. He's reflecting. We know we we know. who this guy's and now he's helellipad.
boy as well. Right. The the the. helellipad. They got to do the. helellipad. I'm going to build a great. helellipad. I mean just look at what the. white house looks like right now. Look. at this thing for real. I mean. legitimately like look at this. It looks. like a freaking junkyard right there. And with all of the stuff that we're. learning about, too. um you know about. you know you know the coverups of the. casualties in Iran and the I mean there. was a story today that we were I I got I.
got to dig into it more but we were. doing uh the military was doing laser. testing over New Mexico and killed these. people in an airplane and then just kind. of covered it up and wired reported on. it first. Remember when they had to shut. down the airspace? I think it was over. New Mexico and Arizona and they're like, "Why are you shutting down all of the. airspace out of nowhere when they were. testing lasers?" Because separately when. they've been testing these lasers, they. like been like killing people. The whole. regime is one cover up after another.
And it's one fraud after another. And. you know when we talk about the white. house, one of the things that I worry. about frankly is I worry about you know. when they in the early days when they. tore down the east wing the people who. were exposed to asbestous there. They. did no asbestous mitigation. They did no. testing. They ripped down an asbestous. fililled east wing. And just think about. the people who were in the white. I. mean, you you you don't think 20, 30.
years from now we're going to be hearing. about metheloma and all of these things. that could have happened when they tore. down that east wing. I mean, it's. definitely a major major uh concern for. the people who were there when, you. know, when when when that happened. Um, so you've got the United States running. out of munitions. You've got Trump now. saying, "Iran, you better do a deal with. Oman or we're going to decapitate you.". You've got Saudi Arabia begging to do a. deal with the Houthis in Yemen after the. Houthis previously destroyed uh three of.
the major refineries in Saudi Arabia. And the Houthis were like, "We're just. getting started." Uh last night, in the. past 24 hours, Iran destroyed two. tankers, not one, but two tankers in the. straight of Vermoose. Shot down an MQ9. Reaper, hit a US air base in Kuwait, by. the way, as well with at least three. drones. I like none of this, you know. [laughter]. And corporate corporate news is like, "All right, all right." Uh, Donald Trump. is so close to getting a deal done, says.
Donald Trump, says Treasury Secretary. Bessant. And then like the market the. market moves on that. And Trump's rich. oligarch friends like just crush it and. they make all this money while the. American people are getting screwed. over. I mean, you had the Dow up a,000. uh points. You had the S&P up 137. points. You had NASDAQ up 2.5%. Then. you're like, well, what did it move on? What what happened? Oh, well, Besson. said that they're very close to doing a.
deal and the straight of is going. to be open. The straight of Hormuz was. open the entire time under the Biden. administration. What are you talking. about? Donald Trump said he wanted to go. into this war for regime change. He said. he wanted to go in there because even. though he said he obliterated their. nuclear weapons in June of 2025, he. wanted to do it again. Apparently, he. wanted to reobliterate it. And as a. result, we have uh many of our service. members killed. You have thousands of.
Iranians who are killed. You have our. economy getting crushed for most. Americans. But you know what? They. manipulated the market. And and and this. whole thing is so obviously. choreographed too. You got Bessant. Where does he go this morning? Where. does he go? CNBC. They put the guy on. CNBC for the purpose of, in my opinion, just doing market manipulation. And so. you've got Bessant says we have a deal. today or tomorrow. Let me just show you. the clip of Besson right here. We've.
seen Trump last. He's on CNBC saying. this. We saw him last week. He. threatened that there would be a bigger. attack than World War II. And now, as a. result of threatening World War III, I. think we see a chance of a deal today or. tomorrow. He goes on the financial. networks to manipulate the market. At. the same time, Donald Trump's Truth. Social is selling early access to news. that Trump posts and that Trump's regime. puts out there. $100,000.
per Wall Street firm that wants early. access in order to inside trade quicker. Um, this is the one from Bessant Don. Iran. We've seen Trump last week. threaten what would have been the. largest military campaign since World. War II against the Iranians. Let's play. that clip if we got it. >> And, you know, we we've seen uh. President Trump last week uh threatened. what would have been one of the largest. military campaigns or the largest. military campaign since World War II uh.
against the Iranians. And now we are in. because of that we are in talks with the. Iranians and I think there is a chance. we may have a deal today or tomorrow uh. to uh o open the straight and that's the. deal to open the straight the thing that. existed before the thing that existed. under the memorandum of understanding. and the markets are like oh we did it we. did it you know to the extent there's. any thing that's good and there really. isn't about this Trump regime is that.
it's truly exposed the systemic nature. of this Epstein class and this oligarch. class and this broader kind of. fraudulent. uh international economy at this point, right? You know, it's Aaron Parnes who's. just been I paris Katie Fang, they're doing such incredible work. following the Epstein money. Follow the. money. how Wall Street bankrolled. Epstein and how the administration and. CBS are blocking the truth and how.
hundreds of millions of dollars um went. in and out of uh Epstein's accounts uh. through major uh banks. I I'll get to. more of the story, you know, in in a. little bit as well. Um, but think about. Epstein was right in the center, not. just of the hundreds of millions of. dollars that went through his accounts, but the billions of dollars and more. controlled by this broader Epstein.
class, right? The cabal that they always. say, "Ah, it's the Democratic Cabal. It's these cabals." like they built up a. whole QAnon thing to shield themselves. from the very thing that they were. doing, right? And when you look at this, you're like, "Wait a minute. The market. responds positively to this. Is that the. stupidest thing ever?" No, it's. manipulation. And we know the. manipulation is taking place and the. people are getting screwed, you know,
and that's why, you know, you have all. of these people as as we look to the. Wisconsin primaries tonight, which of. course we're going to cover. When you. look at all these other primaries taking. place across the country, when you look. at the broader sentiment of the American. people right now, this isn't a normal. political climate of, well, you know, here's a Republican and here's a. Democrat. This is some existential. stuff. People are getting killed out. there quite literally from ICE and.
Border Patrol, quite literally from. having their health care ripped away. Quite literally from having their lives. destroyed by this regime, but this is. existential stuff. And these oligarchs. are also doing it in plain view. It. doesn't make it better for them to hide. it versus do it in plain view. But. they're out there looting and stealing. and cheating. And it's so damn obvious. And we the people, I don't even care. what you label who the fighters are. We. want fighters. We want people who say.
this is existential. Damn it. That these. people out there, this Trump regime, they're trying to kill us. And that's. not I don't want to hear people who go, "Oh, Ben, you're being hyperbolic." But. no, no, this is life or death stuff for. most Americans who open up their. refrigerator and say, "Am I going to be. able to add anything here? It's empty as. is. Or am I going to be able to afford. health care today? Can I fill up my uh.
car with gasoline? Can I can I exist? Can I survive? Can I make it? What's. going to happen to future generations?". That's the moment right here. Right. I. want to bring in Luke Redell, Midas. Touch White House correspondent. He's. actually on the grounds of the White. House right now. I want to just thank. everybody here at the Midas Touch. Network for helping the Midas Touch. Network expand. As you know, our. Washington DC bureau has grown. dramatically under the great leadership.
of Scott McFarland. You've got Pablo. Monriquez on the Hill and now we've got. Luke Redell over there quite literally. on the White House grounds that we're. talking about. Luke, te talk to us a. little bit about what's going on at the. White House today. I know it's been. pretty eventful. Janine Piro uh was seen. storming out with uh like a suitcase and. with a white box. Apparently, she was. showing Donald Trump that it wasn't. vandals uh and that it was actually the. contractor and she thought that she was.
going to talk sense. You had Doug Bergam. apparently going in and also wanting to. get his say to say that, you know, that. we should get rid of, you know, Janine. Piro or that there was clearly a fight. there. You had Jay Clayton uh very. quietly very quietly getting uh. confirmed um to lead uh the office of. the director of national uh. intelligence. What's going on at the. White House, Luke? Well, Ben, first of. all, thank you very much for having me. and welcome everybody to the White.
House. It's great to be here reporting. on your behalf. You mentioned Jay. Clayton there at the end. The fact that. it was so quiet, you have to wonder if. that was a reflection on how Jay Clayton. did while answering questions on Capitol. Hill. That infamous clip of him. answering a question from Georgia. Senator John Oaf about the 2020. election. Or should I say not answering. it. He refused to answer the question, a. very simple question of who won the 2020. election. And it's a question we've seen. many of President Trump's nominees get. tripped up on and refuse to answer. directly. We had that swearing in happen.
behind closed doors. No press allowed. inside. The president didn't take any. questions from press while leaving the. White House just a few moments ago or. when he was taking off on Air Force One. to head out west to where you are, Ben, for a campaign event in the run-up to. the midterm elections. We saw the. swearing in of Jay Clayton and the. advancing of the nomination of Todd. Blanch over in the Senate just down. Pennsylvania Avenue at the Capitol. A. lot happening here at the White House. with the various departures that have. been going on from the Trump.
administration. >> Talk to us about where you are right. now. Um, obviously the White House is. right there. talk to us if you can about. what kind of access you're going to. have, what we can expect of of your. role. >> Yeah. So, I can give you a little tour. around right now. I'm coming to you from. the West Wing of the White House, or as. it's now become known, the only wing of. the White House since the East Wing was. demolished. Um, just over my shoulder, there are cranes uh overhead building. the White House ballroom that is set to.
be completed by the end of the. president's second term. He's hoping to. have at least a couple of months in. which he can use it. I'll spin the. camera around a little bit here. You can. see uh those green tents back there. where all the rest of the corporate. media is situated. All of their cameras. when you see them coming to you live. from the north lawn, that's where they. are. I'm going to take you inside the. briefing room now though, Ben. Um. because this is what you see on TV. Um. it's a lot smaller uh than it looks on. TV in the moment, but that is the. lectern from which White House press. secretary Caroline Levit has delivered.
her briefings. The seats where all the. folks in the press room sit. I imagine, Ben, that you would love to be sitting. in one of those seats to ask questions. I know I'm looking forward to that. opportunity soon enough, but I'll have. access here to all of that, to all of. what's going on. Steps away from the. Oval Office, steps away from the. construction of the White House. ballroom, the construction on the other. side of the White House he helipad that. has now started back over again because. the president was unhappy with it. And. so, we'll be here covering all those. stories. You're taking a look at it now. Um, like you said, Ben, there's a lot of.
construction, a lot of noise happening. here at the White House. We came in. today hearing the sounds of jackhammers, not from the east side of the building. where the ballroom is, but from the. south lawn where the president takes off. a Marine 1. Wasn't entirely clear what. that was until uh my colleague here on. the White House press beat uh Dan. Diamond of the Washington Post broke the. story that the president had asked the. folks who were building the White House. he helipad to rip it all up and start. over again because he wasn't happy uh. with the way that it looked, with the.
way the granite was sloped on the White. House lawn. Not entirely clear how all. that's being paid for, how that new work. is being paid for. They're working. around the clock, so you have to imagine. there's overtime involved in all of. that, but Ben, uh, as you can hear. around me, lots going on here at the. White House. Now, I I what I really appreciate about. you being there and what I think the. Midas mighty community is going to. appreciate is um you know to be able to. ask the questions the same way we've. been doing on the hill that people. really you know want to have answered.
Um and I know that's one of the things. you know you're going to bring. Why. don't you uh let people know a little. bit about your background also and kind. of what you know ju just introduce. yourself to people may have been seeing. some of your videos um already on the. member page over here on YouTube but but. talk to us about kind of your mission. what your goal is. You're also going to. be on Capitol Hill like you've been this. past week. Talk to us about that. >> Yeah, absolutely. For folks who don't.
know me that well, um I have been a. reporter now for the last nine years, starting in 2017 with the first Trump. term. I was just 13 years old when I. started my own YouTube channel to talk. about the news and politics, to talk. about what was going on in our country. Maybe not the average thing that a. 13-year-old would start to do, but we. don't live in average or normal times. right now. And so I was talking about. the issues that mattered most to the. people in my community. And that's what. I hope to continue to do here at the. White House. Um, with all due respect to. all my incredible colleagues here on the. White House beat, there are a lot of. really great reporters here. But I don't.
work for a corporation. Um, I work for. you. I work for the mightest mighty and. I take your questions and bring them. with me to the White House press. briefing rooms, to the Oval Office, to. these opportunities that we have to hold. those in power to account. And that's my. general thesis and how I hope to handle. this job and all the other jobs that I. have in the future is that, you know, the people who are living in this. taxpayer funded residence are also paid. for by your tax dollars. And so they. deserve to be held accountable. um they. deserve to take tough questions. In. fact, that's their responsibility is to. take tough questions on a regular basis.
from the people who elected them and who. who paid them. And that's all the people. in this country, not just the people who. supported this president, this current. administration, but everybody in the. country uh who pays into the taxes and. makes America so great. >> Luke, show us that press room one more. time because a lot of people are saying. that it does look way smaller than it. actually. >> It's a tight squeeze. It's a tight. squeeze and there's a lot of people who. want to be in here when there's one of. those briefings in the moment. But um. yeah, you come right up here and this is. the lectern um where the White House. press briefings happen. Um behind that.
blue door is Caroline Levit's office and. the rest of the White House press. office. Just about 25 steps from that. door is the Oval Office uh where the. president would be. He's not today. He's. on Air Force One, theQatari gifted Air. Force One uh right now on his way out. west to you, Ben. I don't know if he's. to you directly um but he will be out. your way um tonight and tomorrow. So. this is the way. >> is he going to be he's going to be in. California? >> He's in I believe he's staying in Las. Vegas this evening. Um he's meeting at. his golf course in California tomorrow.
with some Republican donors there and. then he'll have a rally at Red Rocks. Casino in Nevada tomorrow. >> Luke, thanks for joining us. We. appreciate the live update. We're. excited to have you there asking the. questions that this community wants. answered. I'm sure they're not going to. make it easy for you, but uh you you've. been preparing for this and so we we we. look forward to your reporting as well. >> Well, thank everybody. Be sure to follow. along uh for more updates. >> There you have it, everybody. Luke, great to have Luke there. All right,
let's take our first quick break of the. show. When we come back, I want to talk. a little bit about the hearing that was. taking place uh in the Senate Judiciary. Committee uh regarding Todd Blanch. want. to talk about uh what's the latest with. Janine Piro want to talk about the news. this is really not being covered in uh a. lot of other places that a a. nuclearpowered submarine captain was uh. just uh pretty much fired uh he was put.
on a new uh tour of duty but I want to. talk about uh that and we've been seeing. uh a lot of just top military people. just getting fired yeah the Navy Navy. fires, a commanding officer of the USS. West Virginia nuclearpowered submarine. And then there's actually been numerous. other captains of these nuclearpowered. submarines or commanders rather, you. know, who have been let go kind of. quietly behind the scenes. We've been. following that. All right, let's take. our first quick break of the show. We.
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Welcome back to Ben on breaking news. I'm Ben Meelis. This is breaking news. We started off the show talking about. foreign policy or I don't even think you. can call it foreign policy as it relates. to the Trump regime. You could just call. it like foreign events happening, I. guess, because there is no coherent. strategy or anything. But now Donald. Trump is threatening to decapitate Iran. if Iran does not make the deal with Oman. that Iran wants to make. That it was. previously been negotiating. The point.
that I've been making is Donald Trump. can't do deals. He only knows how to rip. deals apart. Whether it's the USMCA or. KUSMA as it's called in Canada, the. Canadian US Mexico agreement, whether. it's the JCPOA, whether it's bipartisan legislation that. was carefully negotiated when Congress. actually worked. Donald Trump knows how. to rip things apart, divide people, you. know, uh, call people communists or. whatever it is. But he can't build. He. can't never never in his life. He was.
always a destroyer, always, uh, a. bankruptor. We talked about speaking of. bankrupting we talked about early on. America is out of interceptors like. virtually all that was the reporting. from Reuters virtually all interceptors. are gone and you know so not only is the. Arab umbrella security umbrella gone but. if you're in Asia right now and you're. an ally of the United States um you know. there's no precision there's if if you. observed what happened in the Middle. East um you know right now China knows.
that is the dominant force not just in. Asia of course but you know really. throughout the world and I think what. we're going to see is a lot of these. Middle East Arab nations inviting China. to basically replace the United States. you know as kind of a guarantor if you. will for peace and stability in the. region there one of the big warnings is. that the United States is not able to. protect Taiwan is not able to protect. South Korea is not able to protect Japan.
you know and that's in Asia. And then of. course we've been covering here how uh. back what was 3 weeks ago Trump promised. interceptor licenses to Zalinski because. there are no interceptors in Ukraine. right now. Trump regime promised that. they would give Zalinsky interceptors by. selling them to Europe and then Europe. and NATO would then give them to. Zalinski. But both because the US ran. out of the interceptors and because you. know in my opinion Trump's a Putin.
bootlicker. You may agree. I mean, you. could feel feel free to feel how you. feel. That's my opinion strongly. Um, Donald Trump did not get the. interceptors over to Zalinsky. Um, and. and did not give the interceptor. licenses to Zalinsky. And then remember. at the end of last week in Camp David, Trump's like, "Well, we don't want them. to use it against us." What do you mean. use it against us? They're interceptors. They're not the ballistics. They. intercept. So, it would only be used. against you if you invaded.
uh Ukraine. So, are you literally paring. what Putin said? Because for it to be. used against, it's used in a defensive. posture. It's an interceptor. So, it. seems like literally what Putin would. have said on July 4th when they spoke, saying, "Well, it could be used against. us." Um, so you've got you've got that. going on um you know, internationally. You got Saudi Arabia wanting diplomacy. with the Houthis in Yemen and you know. and so it's really just a complete. capitulation. You've got the market. manipulation taking place at home. You.
got Donald Trump getting richer by his. stock trades. We know 21,000 stock. trades last year. And then even though. you had two Republican senators Cornin. and Tillis say they would not confirm. acting AG Todd Blanch unless there was a. written document rescending the May 18th. and May 19th settlement agreement. The. 18th created the January 6th. insurrection anti-weaponization fund as. it was called. The May 19th agreement.
was the addendum that gives Donald. Trump, his family, and his companies and. trusts full tax immunity. They can't be. audited. can't be prosecuted for tax. crimes or investigated uh for tax. crimes. As you now know, I don't have to. we've reported on this a lot, but what. Blanch did instead is he gave two pieces. of paper. One was an order that purports. to resend the so-called. anti-weaponization fund from May 18th. The other document that Blanch posted. was a press release that was referred to.
as an update or an update on information. regarding the May 19th addendum for. Trump's tax immunity, but it basically. just affirm Trump's tax immunity. Just. says he's Yeah, he's got it. And and and. then they try to act like, well, we. limited the scope. It's not going to. wave anything in the future that happens. after the settlement agreement was. signed. It just goes back. It's. retroactive only. We know that. I mean, that's what a settlement agreement is. You can't wave ever future unknown.
claims in a settlement agreement. So, you've done nothing. And the order that. Blanch issued was not signed by both. parties. Thus, it's uninforceable. And. because it's not a recision of the. settlement agreement, it's just an order. regarding another order regarding the. anti-weaponization. He could just create. another order tomorrow and he's going to. we all know what he's going to do. But. you have Tillis and Cornin who were very. cowardly. Very cowardly. I mean, they're. out. Trump destroyed their career. What. are they so worried about being a. lobbyist or making money once they.
leave? And they're worried that Donald. Trump's going to make social media posts. about them and they won't be able to get. the jobs to pay him a lot of money once. they leave the Senate or whatever they. plan on doing that this was what they. did. And they're like, "Well, what else. can we do? There's nothing really else. we can do at this point. We're just. going to have to take their word for. it." I mean, take their word for it. What else can you do? You could vote. against the guy. It's pretty easy. Just. vote against the guy and put in someone. normal. Put in someone who follows the. rule of law. It could be a Republican, although, you know, they're mostly all. MAGA right now, but put in someone who.
will follow the rule of law. Put in. someone who hasn't destroyed the most. important foundation of the Department. of Justice, which is the presumption of. regularity. I mean, federal courts with. judges appointed by all presidencies say. the Department of Justice has lost all. credibility. you know, whe whether you. look at a David Hearn type of case with. fabricated evidence that was given to a. grand jury there, although that was DC. Superior Court, whether you look in. Chicago of the peaceful protesters uh.
who were uh indicted based on fabricated. evidence there, whether you look at the. first Comey indictment where Lindseay. Halligan should have been in the grand. jury room. We know that grand jury. misconduct by these federal prosecutors. under Blanch's uh control um the grand. juries have been infected by misconduct. Um the DOJ has no credibility. It's. basically viewed as like uh like a like. a crappy irresponsible law firm from a.
competence like they miss deadlines. They cite AI instead of like what the. actual law is. They don't show up to. court. Their their lawyers whine to the. judge that they're overworked and that. they don't know that the facts. They. don't know what their cases are about. And then of course there's the, you. know, there's there's the corruption. But remember when we talk about this uh. J6 slush fund that, as I've always said, that was always the smoke screen. Trump. doesn't give a crap about the January 6.
insurrection. It's just like on J6. itself. What was he saying? I'm gonna go. with you. I've got your back. No, he. doesn't. He doesn't care about them. It's it's I mean he cares about them. purely to the extent they do his bidding. and if they'll protect him, if they'll. fight for him, if they'll kill for him, if they then then he can, you know, then. he views them as a protection racket. But he doesn't really care about you. like what what you know anything about. them. As I've always said, this is all. about Trump giving himself tax immunity.
That's what this whole the whole thing. was about. That dude doesn't want to pay. taxes. That's it. He made $4 billion. that we know of, maybe more. In the past. 18 months or so, or or I think the first. year he made four, it's probably more. than that. Um, tax day was April, right? Did he pay his taxes? Did he file his. taxes in April, but that was tax day. So, all that money that was made, right? Tax day was April. You know, I don't I. don't know if he applied for an.
extension or what he did, but you know, if you knew you were going to file the. he filed this lawsuit in January, right? So, if he knew you were going to file. this lawsuit and do a collusive. settlement with yourself and your Trump, you know, and you were going to do this, then you know what what what if on his a. we don't know what his April tax return. says, but what if his April tax return. basically says 0. All the money was a. loss. It's all losses. And obviously. that we we know that is you know not. true but that's what he filed in April.
right the settlement agreement's May. 19th so let's say4 billion to6 billion. in income April he files a tax return. and says actually that was all losses he. could just make it look blatantly. flagrant like on the tax return how much. did you make four or five what were what. was your charitable contribution you. know eight billion just make up the. number I don't know what's he going to. do you know and and Then on May 19th, he. waves the liability to it. He waves. liability to it. So people I hear people.
who are like, "Oh, you know, it's a. hund00 million. It's whatever." Yeah, it's way more than that. It's way more. than that. Whether you put the capital. gains tax or you put generally ordinary. income tax on the four billion, it's at. a bare minimum a billion dollars. At a. bare minimum, it's a billion dollars in. taxes. And it could be as much as $2. billion in taxes. that, you know, based. on the reading, if he engaged in a. felony on those returns and just lied.
about it, he's not prosecuted for it. because it happened before the. settlement agreement. So, what are we. doing here? How like like I understand. that it happened in plain view in front. of us, but like what the hell are we. doing here? And by the way, this. morning, too, when Treasury Secretary. Bessant was manipulating the market, he. goes on CNBC, we're close to doing a. deal, the market rips. NASDAQ crushes, S&P crushes, uh, New York, the the Dow. Jones crushes. Um, they create the. curve. I mean, they they I mean, they.
create the dip and then they buy their. own dips that they create. Don't you see. with they buy their own dips, they. create it with their policies, but what. you see there, pull that up, Jeremy, that's not the experience of the. American people. That those numbers. right there aren't putting food inside. people's refrigerators. It's not putting. gas in people's cars. It's not putting. medicine into people's medicine cabinet. that they need to survive. It It is It.
is not It is not giving people health. care. You know, that number right there, that's an oligarch number right there. That green right there, the Trump. Epstein class, they love that. They love. that number right there. And they're. engineering this number while the. American people are screwed. And then. they fearmonger and they go, "Oh, you. know who you should really worry about? You need to worry about the communists. and the socialists and all of these.
people are coming to get you." Dude, there is socialism right now. It's. socialism for billionaires. There is. communism right now for the. billionaires. That's what exists right. now. Don't you all see that? That's what. it what's more communist in my opinion. than the way Trump rules. He rules like. every communist dictator that's existed. He's got his oligarch crew. He creates a. social welfare state for them. He. promises everybody everything. We're. going to give you this. We'll give you.
this. You're going to get this. You're. going to get rich. You're going to do. all of these things. Then, as he says, what's great about being a communist? You promise all these things and you. don't have to deliver. Then he doesn't. deliver and all his rich people get. money. it it he runs the economy like. communist dictatorships in my opinion. And then you have Bessant who shows up. on CNBC with that eating grin of. his with that smirk of his of I'm better. than you. I'm better than you know. You. know this guy's just again these are.
just the biggest scumbags in the world. And you've got Bessant right here asked. by CNBC as though this is like funny. So. Bessent I don't think I need a notepad. to show you but on at the uh Camp David. cabinet meeting Bessant put on a notepad. 5 to10 billion. for Japanese yen. It said5 to10 billion. Japanese yen and then the media took a. photograph of it and then they were like.
I guess he wasn't being careful with his. notes. No, he was he was doing it on. purpose. He wanted you to take the photo. of it. so that his friends can. manipulate the currency markets and make. a huge amount of money. That's one of. the things that Bessant did when he was. not the Treasury Secretary. He made a. lot of money in currency markets. And so. they're out there do trading. He's. signaling to his oligarch buds what to. do be because I'm sure most 99% of.
Americans when they see something on a. notepad that says5 to 10 billion. dollars. yen. We most people don't know. what the hell you Oh, you're going to. bail out the Japanese yen because. they're going to dump American Treasury. bonds if you don't bail them out. And. the Treasury yield 30-year is 5.2 5.3%. and the 10-year right now is approaching. 5%. I mean, no, people don't know what. that, you know, but then they brag about. it. This is CNBC. Like CNBC.
purports to be like the bastion of. capitalism, right? Like this is the this. is where you learn about the markets. We. know the markets. Like what they're. doing here is straight up like crony. communism masquerading as like you know. you know or latestage capitalism, whatever you're going to call it. But. you watch this and and there it's one. big joke to them. It's one big joke. the.
war, the market manipulation, the. suffering of people. It's like a joke to. It's like a joke to them. Watch Besset. Let's play it. >> Just got to ask you when you you're a. slide dog. When when when you wrote that. down by 5 to 10 billion and and it the. printing looks so big. You've done this. before, haven't you? Where you know. people are looking over your shoulder. Uh you don't did you need to be reminded. of things to do by 10 to billion 5 to 10. billion. And yet tell me what was really.
going on there just a second. >> Well, I just wanted to make sure that. all the reporters looking on over my. shoulder knew also knew the symbol JPY. for the Japanese yen. So, [laughter]. >> okay. >> Instead of shorthand to yourself. >> Yeah. You know, I I was going to finish. the list. you know, the the the rest of. the list was, you know, like go go go. and have lunch with the Supreme Leader, play tennis with Putin, you know, the uh. but I I thought I would just leave it at. the uh buy five to 10 billion of.
>> What do you think these people talk. about at their country clubs? What do you think that's what they talk. about when the cameras are on them. playing tennis with Putin? And that was. so funny to the host that he snorted. [snorts]. He snorted like a pig because that was. such a funny I'm gonna play tennis with. Putin. That's that's that's funny to. you. I I just I don't see the humor in I. I think that I'm I I I'm like jokes. I.
like jokes, kids. I like [laughter] I. like humor. I don't I don't I don't see. what's funny about playing tennis with. Putin while you're talking about. manipulating the markets and you're part. of a regime that promised you would end. the Russia war against Ukraine in 24. hours and it's only escalating and. you're not providing patriot. interceptors to Zalinsky that were. promised. I What's the Why is Why is. this a a a funny thing? Oh, you sly you.
slide dog. You did you slide dog. you. What a slide dog you are. You know, notice amongst that group, the Epstein. class. Slide dog. Oh, I am a slide dog. Oh, you are a slide dog, Scotty. Oh, I. am a I mean, that's what What do you. What the What the f is going on there, right? But mom, Donnie, and other. people, they they're viewed as, oh, that's the threat. How dare they just.
make up things. You're going to have to. have a license. You're going to have to. have a license if you want to go to the. grocery store. That's mom Donny's. policy. No, it's not. Just made up. Who? Where's that news coming from? Poly. Market. Oh, really? Poly Market. Poly. Market and Koshi. That's That's the news source on Elon. Musk's platform that Mam Donnie is. forcing people to have a driver's. license to go to a grocery store, which. is not true. So Mani bringing down uh.
violent crime in New York City to the. lowest levels in history, trying to find. ways to make life more affordable, freezing rent through the rate rent. stabilization board to actually deliver. on a campaign promise that's not. different than the one that Trump. promised, but Trump freaking lied about. and Trump wouldn't even sign the housing. affordability. On the one hand that's. viewed mom Donnie radical. crazy.
dangerous. Sophie Cunningham somehow is involved in. I'm not sure how WNBA we're angry at. that or we're supposed to be angry at. that. but you sly dog you manipulating the. market you sly little fox you sly fox. I'm watching I'm like what are you. you're talking about manipulating. currency markets. You're doing it in. front of us while the people are. suffering. [laughter].
Crazy. It's crazy stuff. By the way, that's the I'm going to plug the book. Don't get mad at me for plugging the. book. People like, "Oh, you plug the. book all the time." WTF America. addresses the It's the stuff that's not. being talked about. Pre-order it right. now. It comes out in October. The. publisher says the pre-orders are super. helpful and there's huge momentum. But. we talk about concepts like that. the. WTF concept and the thesis is we got to. take a step back here. We got like I. know tonight there's big election in.
Wisconsin. I get it. I get it. There are. some great candidates. There are some great candidates. Um and. these it's an important election. I. don't want to downplay it. Okay. But we. have to step back and we have to reflect. on the whole system, right? what. corporate news and what the oligarchs. try to frame as radical. or like far-left. Some of this stuff is not radical at.
all. Like giving people health care, getting people education, getting people. jobs, making sure there's not massive. wealth in that's not like these are not. radical concepts. What is radical to me is project 2025. Ripping away people's health care, having Trump do 21,000 stock trades, doing golden ballrooms, uh uh engaging in. neverending wars and having fake.
negotiations in your mind like the kid. on six cents. I see dead people. I see. the Ayatollah. That's some You want to. talk about radical stuff? what I'm. watching that's radical. But the people. with the power structures and then their. corporate news, they want to frame these. things, heads I win, tails you lose. before the game even begins. And they. frame it, oh, we're fiscal hawks. We're. fiscal CONSER. YOU AIN'T FISCAL HAWKS. YOU RUN UP THE DEBT more than anybody.
We're China hawks. What do you mean. you're China hawks? You gave China all. of our classified semiconductor chips. and then you gave UAE it as well. And. then they gave it to they're likely. going to give it to China. What? What? What do you mean you're a h you're a. hawk? You you ain't a hawk. You're. running up massive deficits. The debt's. 40 trillion. Donald Trump's responsible. for like half of it. Like 40. You ain't. hawks. Fiscal hawks. But oh, I'm a. fiscal conservative. I'm a I'm a states. rights. You ain't states rights. You. ain't fiscal conservatives. So the one.
of the thesis in WTF America is yes, it. is. Yes, I get it. This election is. important. Midterms are important. But. we got to step back. We got to. understand how the game is rigged at a. generational level. That's what we have. to call out. That's what we aspire to do. here. Of course, I got to do rapid. response videos. I got to talk about. what's happening today. What's happening. here? Here's what happened. Here's what. happened. Here's what happened. Happened. It's breaking news, but we. have to step back and see the bigger. picture. All right, let's take our last. quick break of the show. We'll be right. back.
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think about the Michigan primary, I. think I may have said Wisconsin. I'm in. Michigan. We talk we talk about the. Michigan primary um tonight and we talk. about uh the elections coming up. I mean. it's critical. It's critical. It. absolutely is. And so I certainly don't. want to downplay the importance of. primaries. I don't want to down. In. fact, I want to make sure I always. emphasize the importance of voting, participating, getting your voice out.
there, joining local community groups, and ensuring that your vote is heard, protecting the right that you have uh to. vote. Um, what I what I want to focus on WTF. America, what I want to focus on. sometimes here is that it seems obvious. that the people who rigged the game, the. oligarchs, the people who are pouring in. the hundreds of billions of dollars, they set up constructs that are traps.
for fights to happen along. uh almost gified side kind of framework. and that it's this team and it's that. team and it's this team and it's that. team and I get naturally when we talk. about elections there's going to be this. team versus I I I I get you know. someone's going to win it's there is a. competition to it right there is that's. just part of it but what you got to pull.
back and also recognize is that we are. on the American team and what we have to. recognize is who is screwing us over who. is causing us harm. What is the purpose. of governance? What are we actually. trying to accomplish in an election? Who's who is representing our interests? Who is calling out the injustices here. and abroad? Who who who's going to be. delivering on an agenda that actually. helps the people? And.
what I think is again very very. important is we don't lose sight of the. very fact that sometimes. um we can fall into traps that are. already being created by uh the people. who are working on behalf of powered. interests to create disunityity when. there's actually a great deal of unity. among the American people. And I firmly. believe that there are a lot of issues.
that are 7030 and 8020 issues that most. Americans agree on. But then you'll. always have. uh the power structure try to divide us. into camps or tribes or religions or. races or or throw in immigration or. culture wars because the more divided. people are the less people will agree on. these same 7030 or uh 8020. or or 8020 issues. Um I I I want to go.
back though, you know, because you know. e even see uh NBC, you know, after you. had those Bessant appearances, like even. they recognized what just took place on. their own program, you know, they're. like oil moved pretty drastically over. the interview that we just took. Let me. just show you what they even they. acknowledge that what just took place on. their network was market manipulation. They don't call it but literally they. just created.
the economic situation that they then. just reported on by bringing Bessant on. to manipulate the market. The broader. issue as we talk about broader concerns. is the lack of confidence in the. indexes, the lack of confidence in. um you know that the markets actually. will function and the long-term. credibility, predictability, certainty.
of the United States that gets called. into question now because of the. breakdown of these systems, the tearing. it to shreds by Trump, by a compliant. corporate news. Here, let's play this. clip. >> Oil, >> oil moved pretty drastically on what the. secretary was saying. He said that we. could see an opening. He believes we'll. see a deal potentially today or tomorrow. to reopen the straight. As a result, take a look at oil prices. WTI moving. pretty rapidly. We had been at $82 a.
barrel earlier this morning. At the top. of that interview, we were trading at. $80 a barrel. Now, it's off by $355 to. 7679. That in turn has impacted the futures. pretty rapidly as well. The Dow was up. by about 300 points earlier this. morning. Now you're looking at the Dow. up by 513 points. S&P had been negative. It's now indicated up by about five. points and the Nasdaq is up even more. than it had been earlier at 227 points. You've also got Treasury yields that.
moved on this. The 30-year in. particular, we were looking at a 32. 30-year yield of 525 when the show began. at 6 a.m. It's now trading at 521. And. in fact, the entire complex had been. yielding higher. It's now lower across. the board. The 10ear is at 465 and the. 2-year is at 422. >> How's the Dow? >> Dow's up 500 points. It was up 300. before. >> Yeah, I saw that. No, I saw it was up. 500. I just. >> Oh, you were. >> No, just now. >> What the hell is that? I mean seriously. what that I mean and those are the.
people by the way who will call out. policies to help people get health care. to help people. get paid with dignity. for hardworking jobs that they do. people who fight for um making sure that. there's fair tax policy out there that. you know is is it's it's a bit unfair. that why is it that the rich folk get. all of the benefits and get all of these. loopholes? They buy a sports team. Did.
you know that you can write off the. purchase of a sports team? Like it's a. 100% write off and you can write it off. over the course of like I forget if it's. 10 to 15 years. So when you buy the. sports team, you can write it off. to all your other businesses. It's a. write-off. It's the craziest thing. So. while the value of the team increases, you can then write off I think it's. like, you know, 10 or 20% of it every. year. And so it becomes like basically a.
free purchase of the sports team. You. can write off your private jet. All I. mean all these I mean I mean the the the. deductions you could take are crazy. And. then people are just struggling to get. by. I mean, you you've seen the show, we've been highlighting um you know, Pennsylvania because it's a swing state, but in northeastern Pennsylvania, for. example, I mean, you've got a MAGA. Republican congress member there, Ryan. McKenzie, who is in Pennsylvania's. seventh congressional district, and you. know, he's out there with Donald Trump,
uh voting for the big beautiful bill, which is everybody knows is a disastrous. bill. They're out there continuing to. loot and pillage from the American. people. And you can see what is going on. with the regular people in Pennsylvania. 7th. I mean, and to me, it's a bell. weather for what's going on in the rest. of the country. I mean, people's health. insurance is going up. Donald Trump may. bring I brought your prescription drug. prices down 800%. People aren't stupid. You're bringing up health care costs.
You're bringing up costs in just about. everything as well. I mean, you're. seeing people who have to ration their. medication to be able to afford the rise. in health insurance costs. Um, and. you've got uh people struggling to pay. rent. Let me just share with you a. story. This comes from our friends over. at Fight for Progress. And I love how. they're just focusing on these stories. of just regular Americans. regular. Americans who are just struggling to get.
by and who have been harmed by the. policies of the Epstein class, of the. right-wing oligarchs, of people like. Ryan McKenzie. And there are people like. this is probably the story that I'm. about to show you is probably a story. that is either something you experience. or that you know somebody who. experiences. This is what the American. experiences right now as a result of. Trump's disastrous policies. Let's play.
it. >> If Ryan McKenzie is fighting for us, I. haven't seen it. Prior to the Affordable. Care Act, I did not have insurance. [music] at all. I would like save pills. so that I could have some in case. I. always tell people like it saved my. life. [music]. >> The House has narrowly passed a. Republican healthcare plan, but without. extending Affordable Care Act tax. credits that are set to expire. There. [music] were tax credits that were. helping keep our premiums lower. >> President [music] Trump told reporters. yesterday not to quote waste their time.
extending the subsidies. >> My insurance went from $400 a month to. 700. Some of the things that I did to. afford that renegotiated our internet. Stop buying beef. Stop going out. Can't. afford it. So, I need [music] my health. insurance. my rep, Ryan McKenzie, who. says he cares about people's health care. in the Lehigh Valley. Oh, I care about. out their healthcare. [music] And I. signed off on a discharge petition to.
renew the ACA subsidies, except that he. waited so long that his signing off had. no effect. He knew it wasn't going to. get passed. I don't see how anything. that he's doing has benefited me in the. slightest. If anything, he's made my. life harder and worse. Everybody uh go check out Fight for. Progress's YouTube page. Search Fight. for Progress. You can watch the full. story as well and go in the comments.
over there when you go to So you search. on YouTube Fight for Progress. Watch the. they're putting some great videos, some. great contact content out there and then. say Ben says hello over there. But to. me, I just want to share stories like. that because you know the the headline. on Yahoo Finance may be stock surge to. record high as Besson says deal to. reopen the straight of is near. It was open. It was open. It was open.
before this. It was open before Trump. and Netanyahu did this catastrophic war. It was open before this. This is really. what we're doing. And the market's like, "Yeah, we're doing it. Here we go. It's. going to open again. Really? This time? Then of course Iran denies it. Iran's. like, "No, what are you talking about? We just we just struck your base in. Kuwait last night and two tankers. We're. negotiating with Oman. That's what we're. doing right here." And and then you you. know, you look at what's happening here. in the United States. Donald Trump.
focusing on tax immunity for himself and. his kids and his company so he doesn't. have to pay taxes while he makes. billions of dollars in quidd proquo. deals trading the Oval Office to make. himself wealthier. Making the United. States far weaker generationally far. weaker generationally. You got him. focused on the reflecting pool which. they did a fabricated prosecution.
blaming David Hearn a two-time US. Olympic canoist of vandalism then. admitted it was a fabrication but then. Trump says no Janine Piro my own justice. department Todd Blanch who oversees her. there they got it wrong Todd Blanch. oversees her too by the way bud. helipads breaking down so well they got. to redo the helellipads you got the. white house looking like like a literal. like uh like junkyard. Like it looks. like a literal kind of, you know, mass.
waste disposal facility. Have you ever. seen the White House or DC look grosser? They're they're gilding. They say. they're rebuilding, but they're gilding the bronze statues. gold. So that's not reuilding. You're. you're you're taking a bronze statue and. you're painting it gold for millions of. dollars. Who? We we don't we don't. First, it's bronze. It's not gold. Why. are you making it gold and why are you. doing it? We don't want any of this. We.
just want healthcare. And then they have. the audacity to say, "What's really. radical? What's really radical is. fighting for free healthcare." No. What's really uh what's what's what's. really conservative is our budget bills. and the ones that have racked up. massive amounts of debt. I mean, Trump's. responsible for like 20 trillion dollars. of the $40 trillion in debt that you. think that makes you fiscally.
conservative. That's these are the hawks. These are. these are the hawks. Yeah. They all y'all couldn't run the. military. We We're We're out of. interceptors. We're out of THADs. We're. out of navy destroyers. We're out. We're. [clears throat] out. The United States. military is out. They gotten rid of all their top. generals and admirals. They got rid of. the former chairman of the Joint Chiefs, fourstar general, CQ Brown Jr. last.
year. Got rid of him because he's black. and the Trump regime is racist. And so. they brought in a white guy because they. liked his nickname. Raisin Kane. Raisin. Kane. Three star. He had to get a waiver. because he didn't have the. qualifications for the job. To be fair. of a lot of the people who are all bad. Kane's probably better than most of the. awful people. Like I've showed you. Admiral Cooper of SenCom who's just been. a disaster. Oh my god. That Admiral. Cooper guy when he testifies I I I.
cringe every time that guy talks. Sencom, how did this how did this happen to. SenCom? They we controlled the straight of. Hormuz, not Iran. And then the American. people like enough, enough, enough. Anyway, we're going to focus on uh we'll. report on the Michigan primary tonight, of course. Tell me in the comments. I'm. just curious who who who are you um who. are you looking to see prevail in the.
Michigan primary? I'd love to I'd love. to just read your your your comments and. and and just see where the audience. where where our audience is on the. Michigan primary. I'm just interested. Um obviously the primaries, the midterms. crucial. I'd argue the midterm is the. most important election yet in American. history probably. Probably 2024 was a bit more important, but we screwed that one up. But this but. other than that, that's this one and.
then 2028. But um I I do think it's. important that we think more broadly. about how we got here and how we get out. of this hell. And that's a major theme of WTF America. How we get out of this hell? How do we. get into this hell? How do we get back to democracy? How do. we get back to sanity? So, order pre-order. Our publisher says there's great. momentum for the pre-orders. So, let's.
keep it. Let's keep it growing. Um, tell me in the comments if you've if. you've ordered it, right? WTF. All. right. I got a lot of videos I'm going. to make. Got a lot of work we're going. to do. Appreciate you all so much. Shout. out Midas Mighty. Thanks for watching. Ben on breaking news. Really grateful. for all of you. Have a good one. Want to. stay plugged in? Become a subscriber to. our Substack at midasplus.com. You'll. get daily recaps from Ron Filipowski, ad. free episodes of our podcast, and more.
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