LIVE: Trump SPIRALS as WORLD BURNS DOWN!!! 7/2/2026
Welcome to Ben on breaking news. I'm Ben. Mecelis and this is your breaking news. We've got a lot to discuss. Donald Trump. burning down the United States and. frankly burning down the world. This. morning we got a terrible jobs report. Only about 57,000 new jobs created. And. there were big revisions to the April. and May job totals as well. I've been. saying this before. We are clearly in a. jobs recession right now. The only.
sector where we see jobs increasing is a. sector that Donald Trump is attacking. Health care jobs and healthc care. related work. Otherwise, we have lost. jobs, manufacturing jobs, all types of. jobs, hospitality jobs. I mean, we are. losing at such a rapid clip right now as. uh countries across the world are. boycotting uh the United States. And. Donald Trump continues to post about uh.
stocks uh that he has ownership of or. companies whose stock he owns. This. morning he was posting about Micron and. saying it's a great American company. Donald Trump owns Micron stock. But I. think even at this point the market has. caught on to his manipulation. Micron. stock is down. All of these tech stocks. that Donald Trump has invested in um or. you know insider traded in however you. want to characterize it. Um you know.
they are getting crushed right now. Donald Trump says that he's the crypto. president. I'm the crypto president. Well, as if you have crypto or you know. about it, crypto has basically crashed. under the Trump regime, but not for. Donald Trump. He's made over $1.2. billion in his own crypto holdings, while the memecoin holders and other. crypto uh investors in World Liberty. Financial have basically lost most of. their money. You know, Donald Trump uh. finally made that disclosure, which I.
think is just the tip of the iceberg. over 900 pages in this, you know, so-called financial uh disclosure. showing uh all of the money that Donald. Trump's made during his first year in. office. Over 21,000. stock trades, 21,000 individual trades, and that number is probably even more. when you consider that he's like. invested in different funds as well,
which include, you know, other groupings. of stocks. um his crypto holdings, his. licensing deals, and uh Donald Trump. brags and says, you know, look, this is. this is what rich people do. This is, you know, this is the American dream. This is why you elected me. Don't you. feel great? Don't you all love the. Qatari jet, uh the $400 million Qatari. donated jet that the American taxpayers. put a billion dollars uh into as well.
No, we don't want your Qatari jet. We. don't like it. It's disgraceful that. you're flying around into the physical. manifestation of your greed. It's. absolutely disgusting. Then you had. Donald Trump running around in North. Dakota yesterday with scissors. Did you. see that? He was like doing a ribbon. cutting and where to put the scissors. and he wanted to put like the scissors, you know, in his pocket like he wanted. to steal the scissors. It was very very. very uh bizarre. He was speaking with AI. Teddy Roosevelt at this Teddy Roosevelt.
center as though Teddy Roosevelt was. alive. He was talking about working with. his uh children and referring to working. with his children as doing threesomes. with his children. You know, it it is. the height of a humiliation ritual. And. speaking of humiliation rituals, another. manifestation of a humiliation ritual. You see what's going down with this. so-called Great American State Fair. It's not great. It's not even a state. fair. I mean, nobody's showing up. I.
mean, how could it have gotten worse. than day one? But day two was worse. Day. three was even worse. Day four, day. five. I mean, he took America's 250th, which could have been this incredible. celebration, this nonpartisan coming. together of the country, and he's turned. it into this like broken, disgusting, grotesque thing, and that Teeu arch or. Teimu arc that they were building to try. to see what like the triumphal arch was. going to look like that Donald Trump. wants to build so desperately,
desperately. It was like oozing stuff. There was like literal ooze coming out. of it. I was like, "What the hell is. even up there?" And then state regime. media is doing what state regime media. does. They keep on trying to promote. this state fair. Like, it's the greatest. thing ever. And like, you know, we can. see even on like I could show you. footage of people that we know who are. there. You know, there's some great. people taking uh, you know, footage. You. have Anarchy Princess is doing a great. job. Amanda Moore is doing great work.
there. A guy named Gan Park is doing. great job getting footage. Um, but just. you don't have to like take their. footage. I mean, you could look at the. footage that state regime media, which. calls itself Fox, is posting. There's. nobody there. And they'll be like, "Look. how many people are here. Doesn't this. look amazing? Isn't this great?" Then. they'll bring on like a cabinet member. like Brooke Rollins. And she'll be like, "This met all of our expectations. We're. doing this exceeded our expectations. We're doing about 150,000 people a day,
you know, and look, why this is. significant beyond the humiliation. ritual, beyond the fact that it's this. complete and utter failure is, you know, the fact that they lie about this just. shows you that they literally lie about. anything and everything. They lie about. this, they lie about war crimes, they. slaughter little girls in Iran and. Manab, and then they say, "Oh, we don't. know. It may have been the Iranian. tomahawks. They don't have tomahawks.". You know, the pretext for getting into. this catastrophic and unlawful war with.
Iran is, "Oh, they have imminent nuclear. capabilities, and it's existential. We're all going to die if we don't do. this invasion of Iran right now." I. mean, look, you did not wipe out their. nuclear capabilities. I mean, didn't you. claim that it was total obliteration, you know, before Iran clearly won in. this catastrophic and unlawful war. launched by Donald Trump at the request. of Netanyahu. And it's been, you know, just watching Netanyahu try to bring the. United States back into more war right.
now. There was a report, I believe, from. the New York Times saying how even the. Trump regime had to, you know, potentially warn Iran that Netanyahu was. trying to kill the uh lead Iranian. negotiators, MB Galibah and Aragchi um. at the last Switzerland round of. negotiations. and uh as they were kind. of traveling and and and headed there. and now you have Steve Witco and Jared. Kushner like begging Iran, please don't.
toll the straight up hormuz please don't. toll it think big think grand think. bigger picture right here I think about. like you know like Don Draper you know. from Mad Men as though like this is. going to work on the Iranians after the. Trump regime has invaded Iran multiple. times in the middle of negot. negotiations. Witoff and Kushner are. like, "Okay, I know you want to do. tolling. I know you think you want to. control the straight of moves. Let.
me propose something for you. Think big. Big picture. Real estate, hotels, massive skyline. Tron is going to be. massive. The biggest boom in your. economy ever. Just don't. Trust us. Trust us." And thrron Iran's like, "No, we don't trust you. Our power, our. strength comes from now controlling the. strait of Hormuz that we can shut it. down. We can control the flows of the.
tankers, the VLCC's, and the cargo. ships. That is where our power stems. from right now. And that's our leverage. Why would we give up our leverage to. you?" Because you say, "Trust us. We. don't tr you're the you're the least. trustworthy people since theou was. entered into on a daily basis the Trump. regime has violated theou heck earlier. this week I was showing you clips of JD. Vance saying the only reason we entered. into thisou is we need to replenish our. stocks that's what but then after those.
60 days we'll probably see you know. where are we at we'll see if Iran's been. a good boy or hasn't been and then we'll. decide what to do I want you to pay. attention though to what JD Van said. there about replenishing our stocks and. what he meant I mean on the one hand you. know stocks equities which are not doing. that great right now but that's not what. he was talking about he was talking. about our strategic petroleum reserves. which mostly are in Cushing Oklahoma and. we've basically hit functional and.
technical tank bottom and even though. the straight of Hormuz is a little more. open than it was before you're still not. getting the same volume of tankers that. are getting out of the uh straight of. Hormuz and the strategic reserves. continue to go down and down and down. and it's really a big issue. So people. in the oil industry refer to something. called crack spreads which is the delta. or the difference between the price of. crude which seems to be being.
manipulated by by Treasury Secretary. Bessant right now. And so when you hear. well the price of oil has gone down. Well yeah the price of crude I suppose. has gone down but that seems to be a. market that is very susceptible to kind. of shorts and manipulation. What I'm. focused on and what the American people. are probably focused on is what am I. paying at the pump? That's the refinery. cost, right? And so when we talk about.
crack spreads, it's the delta between. crude and refinery costs. And so you may. be wondering, I don't really see the. relief at the pump or a little bit, but. not really at a rapid pace. If crude. prices are at $69 a barrel or 70 bucks a. barrel, shouldn't I be paying much less. for gas? It's it's a different. marketplace. And it's a marketplace that. is heavily reliant on the fact of our. strategic reserves that are continuing.
uh to go down to levels that are the. lowest in history right now, which I've. referred to as essentially functional. tank bottom. And there's massive risk. there. I mean, you see that we're having. a massive fertilizer shortage right now. The United States tried to very quietly. do a fertilizer emergency declaration to. bring in fertilizer from overseas. And. in that declaration, it says we've. basically run out of fertilizer. But.
farmers know that. I mean, Donald Trump. could go out in North Dakota or go out. in Iowa or wherever and say, "The. farmers are living a golden age and. everything's amazing and everything is. great. Aren't you like as happy as can. be?" But farmers know the situation with. fertilizer. Farmers know that a lot of. their export markets have been cut off. You know, you know the situation right. now, whether you're a farmer or not a. farmer. You know what the job market is. like. You know how difficult it is to. afford rent. You know it's impossible to.
buy a home. You know what's happening. Donald Trump may say, "But your 401ks. are up 85%." 85. He's making these. He. just makes up fake numbers. Donald. Trump's portfolio may be up 285% or. 400%, which by the way, he's probably. not even going to pay taxes on because. he gave himself a super pardon in a. settlement involving that $10 billion. case he filed against the Treasury. Department and the IRS, which in my mind. waves all tax liability and all tax.
investigations and audits into him, which would also consider would be part. of that year um when Donald Trump has. just released his financial disclosures. you know, for that year. But, you know, the American people aren't like, "Yeah, what's incredible right now is that my. 401k has surged 85." It's not a real. number. Number one, a lot of Americans. have had to tap into their 401ks, supposed to be for their retirement, in. order uh for them to pay bills because.
they're on the verge of bankruptcy right. now. the savings rate by Americans is. down to like an all-time low right now. Um like less than 3% or something, you. know, that that they have saved. Meaning. if anything happens like a medical. emergency and that's happening. increasingly because Trump has ripped. away people's health care um you know. that could result in bankruptcies and. the American people are experiencing it. I I want to highlight I'm going to go. into the financial disclosures as well,
but I'll highlight just a glimpse of the. kind of overall corruption here. You. know, kind of latestage capitalism. corruption. I'll go through the. financial reports, but show Donald. Trump's post this morning about Micron. if we have that. Yeah. Donald Trump. says, "How about this? How about this?". And I'm gonna show you the bait and. switch right here. Are you ready for it? I'm gonna show you the slight of hand. How about this? Micron, a great American. company, announced that they are putting. in $250 million into Trump accounts for.
the future benefit of children. And. their stock went up nine points today. Thank you, Micron. First off, their. stock didn't go up nine points today. Their stock has been down significantly, but we'll talk about what actually. happened. So, Micron, which has really. surged since 2024. I mean, it is now one. of the kind of largest, you know, stocks. in the NASDAQ 100. Um, but they made a. lot of their money starting in 2024.
Well, what happened in 2024? Well, former President Biden, his chips. act, which took billions of taxpayer. dollars, invested in the semiconductor. industry in order to help semiconductor. industry grow. So, you hear a lot about. capex spending and all of these chip. companies that are making lots of money. Well, it's not out of nowhere, you know, right? it it's coming from the fact that. there was a policy in order to help our. semiconductor industry which was.
suffering because Donald Trump was even. in his first term engaging in a trade. war you know against the world and Biden. said okay we got to correct that and. we've got to invest at home so as a. result of the chips act if these. companies met certain criteria and hit. certain benchmarks the federal. government gave them money which is. actually the taxpayer money. Um, and so. Micron, if you look at their balance. sheet, they've, you know, made about. three4 billion dollars over the years. I.
mean, most recently in 2026, you know, it's close to $3 billion. The year. before, $1.2 billion. That's taxpayer. money, proceeds from government. incentives. So, you know, you have these. types of companies, they they they. attack Democratic presidents who. actually helped them grow. I mean, just. think about it. Help them grow. Then a. Republican president, you know, a MAGA. extremist comes into power, helps them.
on the t, you know, with their own kind. of personal taxes and helps the. billionaires. And then what they do is. they go, okay, we'll give how how much. money was it? $250 million uh to these. so-called Trump accounts, which are. investment accounts which go in the. stock market and buy funds that include. stocks like Micron. So, they're taking. they've got say $4 billion. uh then they took 250, they're putting.
it in accounts that then basically go to. reinvest in them and reinvest, you know, in in the market. And then they want a. high- five and they want the, you know, the current person in the Oval Office to. make social media posts about it to try. to manipulate the stock price. That was. working before. It ain't working right. now because I think the American people, especially after seeing Donald Trump's. um financials, I think the American.
people, you know, I think even the. investor community is like, "Oh, got it. This is this is just a Trump grift. racket. And then when you looked at. again, how much money did Trump make on. his meme coins and crypto? Oh, 2.26. billion. How much did his investors. make? Oh, how much did the retail. people? How much did the regular folk, not Donald Trump's top level people? How. much did the regular folks make? Oh, they lost 2.2 or 2.3. Ah, so he made. 2.2, they lost 2.2. That looks a lot.
like the K-shaped economy. That is the. American economy right now, right? Where. the rich have gotten richer and. everybody else has been screwed. We've. all been dumped in Trump's pump and dump. while his right-wing oligarch buddies. are doing tax write offs for sports. teams and yachts and planes and they're. screwing over the American people. And. then when you get a mayor like Zoron. Mdani in New York City who actually.
cares about the people and calls for. collective action in trying to improve. the city to improve lives collective. sacrifice. Oh my god. Did you say the. word collective? Did you say you want. people to sacrif you want people to. actually work together? That sounds. communist to me. And then Trump's out. there like, "This is the biggest threat, even bigger threat than 911. This is a.
bigger threat than World War II and the. Nazis. There's been no bigger threat. than Democratic socialist candidates.". And what Mom Donnie just posted? It's. hot out there and the power grid is. working overtime to keep us cool. Sounds. commie to me. Really? I mean, as as you. have Donald Trump like uh extorting or. forcing himself onto companies and.
taking massive stakes in them. Um, Mom Donniey's out there saying it's hot. out there. The power grid is working. overtime to keep us cool. So, set your. AC to 78 degrees. Turn off lights, electronics you're not using, and just. unplug things that you're not using. Let's stay safe. Let's hang in there. together. Right. Harris Faulner on State. Regime Media Fox goes, "No thank you, Mayor Kam." Donnie, haha, Mayor come,
you're a communist. Don't you dare tell. us to set your AC to 78°. Well, notably, the Department of Energy's website said. the same thing. It says, "Set your. programmable thermostat as high as. comfortable in the summer and raise the. set point when you're away from the. home. Start with an indoor temperature. between 75 to 78 degrees Fahrenheit. during the day." So, what did the Trump.
regime do after Mayor Mom Donnie said. the same exact thing that the Department. of Energy website said? Yep. The Trump. regime wiped out all of the pages from. the Department of Energy's website that. instructed people to set their. thermostats to 78 degrees during warmer. days just as Zoron Mom Donnie did. And. again, if they're willing to do that, do. you know the horrors and atrocities that.
they are willing to enable? How do you. trust any data that's coming out? I. mean, yeah, the jobs report was bad, bad. bad today with again 57,000 jobs created. when the expectations were 110,000 or. 120,000 jobs and the jobs that were. created were pretty much just in health. care while all these other sectors lost. jobs. But how do we um how do we even. know that 57 how do we know we're not. losing 300,000 jobs every month at this.
point? How do we know? How do we know. when the Trump regime is willing to lie. and delete the thermostat section from. the Department of Energy website? You're. telling me that these people, you know, I like when there are people like you. don't understand, Ben, the Bureau of. Labor Statistics is a very serious. organization. and they would not allow any political. You understand the way the BLS works, Ben? We've worked in the BLS, so I I.
truly don't care. Um, you want me to. believe any data coming out of this. despicable regime? Look, there is a. reason why consumer confidence right now. is basically worse than the Great. Depression. Do you think that people are just making. it up? Do you think everybody out there. who are experiencing what we all are.
experiencing. are just are all lying or do you think. the Trump regime is lying when they lie. about everything? No. People feel that. we are in a great depression right now. because they are in a great depression. right now. And just because you have a. handful of right-wing oligarchs becoming. trillionaires and hundred billionaires, which the Trump regime and their. economists call a K-shaped economy, everybody under the horizontal line in.
that K-shape is where most people are. And they are somewhere along that line. that's going straight down, which for. the Trump meme coins is the dump portion. of the pump and dump. No, people. are terrified that they are not able to. make it another month. People are unable to afford just. daytoday stuff right now. And while.
people are expressing how much they're. suffering, Donald Trump was posting AI. videos of himself. pretending to be a doctor and saying, "Have you been suffering from Trump. derangement syndrome? Haha. Haha. You. suffer from TD." Just stop, man. These. are real serious times. I don't know who. thinks that this behavior is okay and. acceptable. This is what he was posting. late at night. He was also posting.
about, as promised, gas prices are going down, down, down, down, down. We are opening up these freedom centers, he calls them, freedom gas centers in. the greater Philadelphia area, and 25. freedom gas centers are lowering their. prices because I requested it. Then he. posted some like weird AI image of like. a freedom gas center. I don't know if a. Freedom Gas Center exists or doesn't. exist in the greater Philadelphia area.
I know that that is not helping you be. able to afford your gas, whatever the. hell that is right there. But. everything's a scam. Everything's a. gimmick. Going back to it, it's why they. say, you know, look, everything is. amazing at the Great American State. Fair. We've hit all of our markers. This. is the most amazing thing imaginable. Let me show you what just went down. moments ago where a stage at the.
so-called Great American State Fair. literally collapsed, literally fell. apart on a group of young girls who were. there performing. Uh they were. rehearsing for the July 4th event and. the stage collapsed and it nearly killed. the young girls. Let me show you what. went down moments ago. Let's play it. [music].
[music]. Do you realize how dangerous. that could have been or how dangerous. that was? Thank God nobody actually got killed or. hurt. But just like the reflecting pool. which was.
destroyed by the Trump regime and then. they want to blame. what they say criminal algae. vandals. They even did a felony indictment of an. Olympic canoist. David Hearn for putting his hand in the. water. Put his hand in the water. They. brought felony charges against the guy. Look, we all saw in the reflecting pool. Donald Trump drove.
his motorcade. through the reflecting pool while it was. being repaired. You don't think that. that's going to cause damage to it? You. all hired some of the worst contractors. You all. didn't do any of the necessary. preparation for uh actually building. this reflecting pool to what it needed. to be. The water supplies coming from. the PTOAC. Everybody knew this was going.
to be an issue. You then dumped all of. these toxic chemicals into the water. which then killed the ducks. And then. you want to blame the van. This is a. constant theme. throughout Donald Trump's life. What. we've been seeing and what you just saw. there with the stage falling apart and. almost. killing those young girls who were. dancing over there, who were rehearsing. To me, that is so symbolic.
of the Trump presidency, everything that Donald Trump has been. his entire life. Yes. the group of. people. who are part of the Epstein class who. are covering up the exploitation of. young girls. You think they give a crap. about people's lives in rehearsal? No. I. mean, you think they give a crap about. the lives of young girls in Manab in. Iran? You think they give a crap about. the lives of people in No. this Epstein.
class oligarchy that keeps getting. richer, whose greed can't be satiated, this cabal, this is who they are. And it. is absolutely despicable. Despicable. Say, you know, they're going to be like, "Oh, that was a democratic vandal. That. was a communist vandal who did it. That's who actually did it." Let me show. you what they're saying over on State. Regime Media Fox.
As they show you what the so-called. Great American State Fair actually looks. like, you'll see nobody there. You'll. they'll be like, "Festivities are in. full swing, everybody." As Polyai says, "The only thing missing are a few tumble. weeds." Let's play this clip. All of. this as festivities are in full swing in. Washington for America's 250th birthday. Today's theme at the Great American. State Fair, Horsepower of America, showcasing the nation's innovation. Mark.
Meredith is live. >> Then I'll show you over here Brooke. Rollins who is on state regime media, which calls itself Fox. She was out. there saying, "From my perspective, we're hitting every mark. We're hitting. every mark. Do we have a a portion of. it? Uh I'm not sure we have a portion of. that. We will uh yeah, let's show the. portion that we have. >> They are keeping their spirits up and. believe the critics that have been.
pointing to the crowd side will be. proved wrong by the end of the weekend. >> From my perspective, it is hitting. exactly every mark that we had hoped it. would hit at this point. I do think this. >> really it's hitting every mark you hoped. that it would hit at this point. I also want to talk about in a little. bit what's going on in Ukraine right. now. I don't want to forget and ignore I. know that you know corporate news they. focus on whatever the whatever the big.
buzz story is of of the day but Russia. launched a massive massive ballistic. missile strike on Kev and Carke and. Supreia. and lots of Ukrainian cities. Over 20. people died, hundreds were injured. The. issue in Ukraine right now is that they. don't have the Patriot interceptors for. the ballistic missiles. Ukraine is able. to shoot down the Shahed drones from.
Russia, but they can't shoot down. ballistic missiles without the Patriot. interceptors. Who's not giving Ukraine the Patriot. Interceptors? Donald Trump. Now, Trump. has directly rejected giving these. interceptors to Ukraine. What Trump said. he was going to do, which he lied about. because he's a fraud and he lies about. everything. He said that he was going to give it to.
European countries and NATO that could. buy it and then they could provide it to. Ukraine. But now the Trump regime is not. providing it and they're blaming it on, oh, we don't have it. were low on. patriot interceptors because of the. catastrophic and unlawful war in Iran. But we know that Donald Trump and Whit. and Kushner, the same people, you know, who are making billions of. dollars, but who are also out there now. telling Iran, "We got your back. We got.
your back. You're going to be great. You're going to be great. Just don't do. the tolls." That's how they're trying to. negotiate on behalf of the United. They're not appointed to be in these. positions. Anyway, we know how much. they're enamored with Putin, right? Whit. has on his office a note that Putin gave. him where Putin talks about taking over. certain areas in eastern Ukraine. And. Whitov has framed that apparently and. put it in his office.
But right now, Ukraine doesn't have any. of these interceptors that it needs. Russia knows that. So, Russia's strategy. is, okay, let's do less drones. And even. though ballistic missiles cost us more. money, Ukraine doesn't have the ability. to strike down all of our ballistic. missiles. So, let's just do a ballistic. missile uh swarm, spend a lot of money. on it, and we'll target Kev. I mean, they hit the Premier Palace Hotel, the.
five-star hotel in Kev. They hit a lot. of other areas. I mean, there it is. right there. You know, and Zalinski's. out there saying, "Yeah, we don't have. we don't have the interceptors." It it's. important that the world does not remain. silent about what happened, but that the. issue is is that we don't have the. sufficient number of missiles for. Patriot Systems. That was promised to. us. We're not getting it. And so, you. take a look at the world right now. you. take a look here in the United States.
and one of the things too is is you know. I am I am watching FIFA I'm watching the. US play obviously but I'm watching a lot. of the you know the the the the world. kind of come together through football. not because of Trump I mean the the. games in Mexico are incredible the. crowds in Mexico uh are incredible. Mexico has been an incredible host Um, you know, you know, the the way the.
Trump regime treated the Iran football. team is is is, you know, it's just. horrific. And then you had Mark Wayne. Mullen, the Homeland Security Secretary, said he jumped for joy when the Iran. football team lost. What you mean? You. jumped for joy. What a what a sick and. disgusting thing to even, you know, to. even say. Everything the Trump regime. has done has been horrible. But what you. have seen is that people.
genuinely love and are empathetic and. and want connection. And if you and. despite corruption and FIFA, despite how. horrible Trump is, people like sports. because it's something that unifies and. brings people together. And. you see that and then you contrast it to. the behavior of people like Trump and. Netanyahu. who have done so much damage in the.
world, who have inflicted so much pain and. division. when all we all want to do is just get. along with each other. And you know, we're on this we're on. this Trump kind of fraud cycle right now. that fortunately during his first term, don't get me wrong, it was horrible. all four years of Trump's first term,
but when finally. a lot of the stuff that he did was. beginning to catch up to him and he. couldn't ride Obama's coattails any. longer and pretend that he was doing. those things that Obama actually set in. motion and passed the baton to that was. towards the end with the horrors of. COVID and all those press conferences. that we saw here. Donald Trump was able to with his. tariffs against the world, this.
catastrophic wars everywhere. with project 2025. He kind of rapidly accelerated what we. saw during the first term and doing it. at such a scale that it's not even. freaking close. And here we are two. years in, midterms are approaching and. now he's stuck and the world is on fire. And this is what we've seen his entire. life in his failed businesses, in his.
bankruptcies, in everything that he's. done. And it's a mixture of the. grotesque and vile behavior, Allah, his. past relations with Epstein, his current. cover up, his business failures. that we see in the past and his how. these bankruptcies developed while he. would try to enrich himself at the. expense of the lenders and the. shareholders and the stakeholder. We're. just we're seeing it play out right now.
as as a country. There's no denying it's. unavoidable. All right, we'll take our first quick. break of the show. When we come back, we. still have a lot to discuss. Let's take. that break. A reminder, hit subscribe. Help us get to 7 million subscribers and. also subscribe to Midas Touch on audio. All right, let's take our first quick. break of the show. Only quick break. I've really been trying to keep. healthier, highquality ingredients. around the house. And one thing I've. gotten tired of is buying seafood that.
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das. Welcome back to Ben on breaking news. I'm Ben Mecelis. This is your breaking. news. Special thanks to all of our. sponsors who make the show possible. Discount codes for those sponsors are in. the description below. Want to give a. shout out to the folks over at MS Now. who put together a super cut of Howard. Lutnik, Treasury Secretary Scott Bessant. and Kevin Hasset continually moving the.
goalpost and always saying next quarter. things are going to go gang busters. Things are going to be amazing for the. economy. We're just setting the stage in. 2025, right? 2026, that's going to be. the banquet and then everything is going. to be amazing. It's right around the. corner. Take a watch. In the fourth. quarter of 2025, this economy is going. to be humming. >> I think we're going to really pick up in.
the fourth quarter. >> This is going to be the greatest growth. economy, right? 6 months from now, a. year from today, the economy that Donald. Trump owns starts at the end of this. year. >> I am very optimistic about the first, second, and you know, accelerating into. the third quarter in terms of growth. >> I am very, very optimistic on 2026. >> Look for the second quarter of 2026 to. be amazing. >> I think we're going to grow more than 5%.
GDP this quarter. We expect that the. global economy is going to have a big. positive shock as soon as this is over. >> We might have been growing at four in. February. I think we're going to get. back and we can have something with a. three in front of it this year. >> We're cruising at about three. And. again, I expect the second half will. cruise about four. >> 4% growth in the second half. >> That's right. Yeah. >> Yeah. That's right. You're a liar. You're a fraud. They're all frauds. What. they're doing there is no different than.
what I saw in my career as a litigator. prosecuting big civil cases against. Ponzi schemers. I It's exactly what I. would observe. I was the litigator who. was in a massive case against one of the. biggest Ponzi schemes in California. history in 2014, 2015. It's the It's like literally the exact. same. It's it's it's too on point that. it's almost hard to believe. And what.
they do when it all falls apart, then. they find their scapegoat, right? Then. they say it was we were right there. It. was right around the corner, but then. the Democrats won the midterms. We were giving you We were about to do. Save America Act. We were about to do. another reconciliation bill. We were. about to do something really big for.
crypto. We know that like crypto is. literally I mean crack. Not a hyperbolic. word to say. like crash crashed while. Trump's crushed it on crypto while while. people um I mean by the way Trump's uh. social media company owns a lot of. Bitcoin and you'll see I believe in. their next quarter massive losses paper. losses bec because but Trump personally. he's made he's made billions of dollars. and I think the $2 billion is the tip of.
the I I think Trump has probably made. closer to$20 billion I think that's one. of the reasons he wanted that super. pardon in the lawsuit that I think the. main intention of that lawsuit against. the Treasury Department and the IRS was. to hide the fact that I think the. numbers you know closer to 15 or 20 I'm. just giving you my opinion I think it's. significantly higher than $2 billion and. I think one of the ways he's hiding it. is through family members and other. family trusts outside of him but that.
[snorts]. you know when he when he brings Don Jr. and Eric with him on these trips. I just. ask questions like, "What what do you. think they're doing? What do what do you. think what do you think they're doing. when he brings them around?" You know, they're they're going they're going. around with the with with with the hat. saying, you know, want to deposit your. money. Um, so it's right around the. corner and then Democrats win the. midterms or whatever the event is. Ah, that's what screwed it up. And then the. bigger version of that is just think.
when whoever the next president is has. to fix this and you actually have to. remove the bandage to see what really. happened when you actually have to. operate and do the surgery the way Biden. did. But you're going to have to do that. on a whole other scale, right? if what. Biden did and what Biden did the first. time significant, but that'll look like. doing a few stitches compared to the.
open heart surgery that will need to be. done by the next president, Democratic. president who uh is able to win. And. then what's going to happen when you. have to fix all of those things, right? th those companies that were part of the. oligarchy, they start to freak out. They start to. make statements that are. uh panicking of the market. They start.
to you know engage in that behavior and. you know you have to then kind of deal. with that the way Biden dealt with it. for the first two years. And frankly, he. was never able to recover from it from a. public perception standpoint. because the perception became the. reality despite the fact that with all. of the things that he did and he did. surgical things to make a big difference. actually led to the fact that had Trump.
done nothing, we would have had three. rate cuts by now. You know, he loves to. talk about the Dow. I bet there's. nothing I can do to prove I'm right or. wrong. Nor is the stock market the. barometer of success. So, I'll be clear. about that. But I think that the stock. market, right, the Dow would be to like. 65,000, right? I mean, we everybody was. expecting because of the way um the way. the economy was cruising in the right.
direction. Inflation was decreasing. Everybody thought the interest rates. would decrease two or three times. Um. Biden was able to move us out of these, you know, the the these never-ending. wars. He actually did it, right? Trump. freed the Taliban. but then got stuck. He invite he he. love, you know, he loves he he like. loves the Tal remember he invited the. Taliban to Camp David on 911 to. celebrate. People don't talk about that. enough. Dude invited the Taliban on 911.
to Camp David to like have a party like. during his first term. Go Google it. He was the one who released 5,000. Taliban prisoners. Just just think about. that. Oh, and by the way, during his. first term also when he killed General. Solamani, Iran successfully attacked the. United States in Iraq. But Trump covered. that up too and said that no one was. really injured and everyone was fine. There was like hundreds of soldiers who. had TBI, traumatic brain injuries. He.
covered that up. He covered that up. And so here we are, hope is right around. the corner. And then you look at some of. these other, you know, like state regime. media today, state regime media, Maria. Baroma. It was like North Korean style. anchors. As you got the news that we had. a terrible jobs report, terri doesn't. get much worse than the jobs report that. we just got. Okay? Especially after the. expectations. I want you to watch this. North Korean style state regime media as.
though they say we're in a golden I mean. this is this is like legitimately crazy. stuff here. Play this clip. >> And Trump has been calling it the golden. age. And I got to tell you, it certainly. is feeling that way. Nancy, uh once. again, we've got strong economic growth. We've got a a strong earnings period and. a market that just won't quit. When you. look at your own portfolio and what. you're telling investors right now, Nancy, what would be an appropriate. portfolio maneuver to do to ensure that.
we are participating in this euphoria? >> Yeah, I think you want to be long. stocks. I think Mark is 100% right about. that. You put new money to work uh and. and you don't shy away from the tech. trade because that is driving future. growth. >> Like legitimately crazy. legitimately crazy stuff. Then they bring on. Chris Wright, the energy secretary, and.
he goes, "Look, could you imagine. how bad it would be if we had Kamla. right now? Just think about it. Things. would be over. There would be blackouts. There would be this there. We saved you. from the hypothetical fears that we are. creating when in fact those fears are. actually happening. But we're going to. blame Kla Harris for it on July 2nd, 2026. Watch here. Play this clip. Now,
if we had President Harris right now, we'd be dealing with blackouts and. massive economic disruption because they. would have continued to close all the. all the coal plants and they wouldn't. have encouraged building anything new. unless it was carefully blessed by the. climate cult gods from above, which. means nothing meaningful would be built. and and expanded. But that's. fortunately, we're not in those ages. We're celebrating 250 years of the.
greatest nation on earth. America became. a great nation by bold people taking. chances and building big things. We're. going back to that. >> I love that secretary. I love it so. much. And you. >> okay? These are like legit like I I. these are like actually crazy human. beings. I I I truly don't know how these. people live with themselves. Truly, I. don't know how they live with. themselves. You know,
they're out there. Dude, shut up. Shut up. And they treat people. like they are so stupid. They treat you. like you're so stupid. But then I see some people. the few people who are attending. this uh. American fair thing, whatever the hell. you want to call it. And I have to.
declare a doubt. I don't know. I mean, yeah, I I just saw this on uh the local. Fox DC that was covering this. Home of. Bash has done a really good job covering. it. And you've got this you've got this. great American state fair goer wearing. the Trump hat or pink Trump hat. And. she's talking about how there was no air. conditioning that she had to seek. medical attention. There really wasn't. any, but there was a booth where they.
were conducting baptisms. So there was. some water and so she had to dunk. herself in the baptism water in order to. get the hydration that she needed after. not getting the appropriate medical. attention. And but it's great. So so you know this. is like what you do at a fair. This is. how this is like a fair right like like. this is like you know what go what goes. down here. Watch this.
None of these booths have air. conditioning. You don't know what. happened, but I started seeing stars. Oh, really? And we went to the tent. There's a religious tent because that's. the theme for today. And they had a. pool. They're baptizing people. Thank. God they had the pool. They said, "Do. you want to get in?" I go, "Yes, I think. I do. I think I want to be baptized. I'm. soaking wet." But I went to the medic. tent. They took care of me. I still got. [music] one of these towels. They filled. me with electrolytes, but goodness.
there for sure. >> Oh, they're wonderful. Absolutely. [music] excellent. >> DC Fire helped you out. >> I I I you know, I I I truly don't know. How are you ever going to get through to. her? I you know, there are. there are a lot of people like that out. there. And that's one of the. difficult things, you know, to to to. process like as a human. It's it's it's. like a difficult thing to process. And.
you know, she actually seems like a nice. person. You know, she seemed like a nice. person, you know. I don't know. I mean, if if I. was walk I take walks every day, you. know. I if I were to be walking in my. neighborhood, you know, getting getting. my cup of coffee in the morning, I'd probably say, "Hi, how are you?". I don't know that there's someone who is. willing to be treated that way and. apparently likes it and thinks it's like.
funny and thinks it's and thinks it's. like a very fun thing to to to. experience and ah you know they don't. have air conditioning and they medical. service so I had to go baptize myself. because I. you know I saw Reuters did a did a good. story not good story pretty horrifying. story but a story about what's happening. with these people who were the victims. of Trump's memecoin rug pull and they're. out there, a lot of them saying, "We.
think that it couldn't have been Trump.". Couldn't have been Trump. It was the Democrats. They must have. shorted the memecoin. The Democrats did memecoin shorts and. they brought it down. I mean, there was. a story of. the lady who put like who put her life. savings into the memecoin. She spent. $40,000. in this Reuter story on the Trump.
memecoin and it's lost all of its value. Trump took her money. Where do you think. your money went? Trump took your money. and she's out there saying the Democrats. shorted it. So, it's their fault. So the incentive structure. for bad guys and gals is to say. these people are dumb. These people are easy marks.
So here's what I'm going to do. Let's. just lie. It's right around the corner. Things are going to be great. Just you. wait. Just you wait. It's the exact. memecoin dynamic but with our economy. Ah, it was the Dems who shorted your. memecoin. Aha, it was the Dems who. prevented the factory from being built. We had the factory boom. Remember Donald. Trump said $21 trillion.
Where is it? It's gone. The Democrats. took it. No, it never existed in the. freaking first place. It never existed because Donald Trump is. a criminal. He is a grifter. He lies. about everything. There's no $21. trillion. There's not all of these factories being. built anymore. Inflation is surging. because Trump is an idiot and he is a.
malicious one who used the tariffs. against the world as kind of his. personal currency to extract deals for. his family to cut deals and exemptions. while he screws over the American people. who now have to pay for it. Oh, but the. country has to pay for it. Not America. That's not the way a tariff works. Stop. it. Stop it. And ultimately, it just.
comes down to like how do you want to be. treated as a human being? How do you want to be treated? How do you feel about yourself and your. family and future generations? You know, h how do you feel about your. neighbors and your community in this. country? Do you care? Do you not care? Do you do you think that it's you're on. some weird fun reality TV.
zombie style apocalypse and every day? What's he going to do today? He's going. to post a doctor video of himself. A. what's he going to do? Post some QAnon. stuff today? Oh, funny. Oh, Obama. He's. calling him Obama. Sleepy Joe. Y going. to talk about Hunter Biden. Y what a fun fun. He's screwing you. He's literally destroying your life. And you you enjoy it. You like it, MAGA.
You you actually like this isn't a. political thing. These are just. objective objective damn facts. And in. in in my view, they could say, "We're. going to do 90 deals in 90 days.". Remember, 90 deals in 90 days. Doge dividend checks are coming. Tariff. rebate checks are coming. Oh, the. tariffs were going to be great, but then. the Supreme Court screwed us. Ah, the.
right-wing Supreme Court, they screwed. us on the I was just about to make all. of this money. That That's what was. going to happen. And you were just about. to get your tariff rebate check. You. were just about to get your $5,000 Doge. dividend check. You were just about to. get it all. But then they did it. They. did. It's the Senate parliamentarian's. fault. It's so unfair the way the Senate.
parliamentarian treats me. Everybody knows she's nefarious. Every. other president, they whined about. Senate Parliamentarians. and the way they applied the bird rule. What? What are you talking about? Look, this isn't a Democrat thing. isn't a. liberal thing, a progressive thing. Although I happen to share progressive. values. If you were to like make me take.
one of those tests, that's where I'd. obviously would would would be. I'm just. talking though about some basic damn. competence right now and leadership and. adult behavior. I did an interview with Governor Shapiro. today and Governor Nuomo. Watch my. Governor Nuomoe interview and Shapiro. I'll probably release tomorrow. These. people are leaders. They're leaders. Whether you agree or disagree with their. policies, they carry themselves with. dignity.
They focus on their state. They carry themselves a certain way. You know, Governor Shapiro told me that. one of the hardest parts about. this whole Trump era, he includes. starting in 2015, is he said to me, he. goes, "Ben, we both have kids. my kids. are a little older than yours." And he. goes, "It's hard when I speak with my. kids.". And pretty much all they've known. because of Trump in 2015 to now,
you know, maybe they were born slightly. earlier is is Trump. and Trump style. fascism and politics or whatever the. hell you want to even call it. And so. they don't remember that even though. there were flaws in our system before. and serious ones and problems that there. was actually a time when. you didn't have. uh president of the United States behave.
like a really bad petulent horrible kid. No offense to petul and horrible kids. A. [snorts and clears throat]. and have other human beings who also. know better be complicit and and enable. it. And that's, you know, h how that has impacted all of. these young people. who have this is all they know.
and think that this is America or that. America is this, you know, grotesque. thing. That's not that's not that's not. how I grew up. It's not how I grew up. Even as I reflect on. presidencies that I really disliked, you. know, George W. Bush, I mean, not a to. say not a fan would be a big. understatement, but.
what I would do now to have a George W. Bush over a Trump, it's like n I can't. even believe I would say such a thing. You know, I go. I live in California. And so I went to. the Reagan Library, which is about a. year and a half ago because it was near. the venue where I got married. So I. stopped by. Not that I was going to make. a day out of the Reagan Library, but it. was close to the venue I got married at. and I went through it and you know one.
of the things I was left with obviously. still knowing that Reagan's policy set. the foundation for a lot of the mess. that we're in and deserves to be called. out in the strongest ways. But one of. the things that I thought was undeniable. as I at least walked the library. was that he was someone who at least. attempted to carry himself with dignity. and treated the office itself. with respect and with compassion. And.
when you looked at the quotes all. around, you would see things that. reflected shared values and shared. humanity and uh and and and things like. that, you know. And obviously I I I I. don't have to go into the fact that I. mean I a big supporter of former. President Obama so obviously but. you know seeing the speech that he and. Michelle Obama gave at the opening of. the presidential center and just.
thinking to myself I just I hope that. people can see that that right there. to Trump. and MAGA is the biggest threat to to. them over all of the things that Donald. Trump says. For Trump, people who are offering real solutions. to Americans or to people, that's a. bigger threat to Donald Trump than 9/11, World War II, World War I, Vietnam.
Trump says that and that's what he's. actually saying right now. that people. who actually don't just. make bold promises, listen and deliver, that's the bigger threat to Trump and. his Epstein class than 9/11, World War. II, and World War I. When Trump says. it's a bigger threat to you, he means. him. He means him. Remember on 911 he. bragged about the size of Trump Tower.
since the Twin Towers were he's talking. about himself. And then that threatens him. So what's it going to be, America? Seriously, what's it going to be? What's it going to be? That's kind of. the call to action. What's it going to. be? Is Is this the cycle that you want. heading into the fourth? This is where. you want to be in the future every. fourth like this?
I don't. I know you don't. Let's get out there and keep speaking. the truth. Watch the Brother show. tonight, 8 Eastern, 5 Pacific. We'll be. live. Keep checking back on the YouTube. channel throughout the day. Appreciate you as always. Hit subscribe. Help us get to 7 million. Thanks so. much. Want to stay plugged in? Become a. subscriber to our Substack at. midasplus.com. You'll get daily recaps. [music] from Ron Philipski, ad free.
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