Trump CAUGHT CHANGING IT…
So, at first blush, there was a good. inflation report this morning, but when. you dig deeper, it turns out the Trump. regime has changed the formula to try to. cover up the devastating impact arising. out of the catastrophic war in Iran. So, here's what we learned this morning. Out. of nowhere, it was like disinflation. That was the headline. US core PCE. revisions reveal sharper disinflation. Downward revisions concentrated in 2026. have pushed annual core PCE to 3% with.
July revised from 3.34%. to 2.98%. on this news. The markets reacted and. started rising and then I was like this. makes no sense at all. And it didn't. because what was going on is the Trump. regime changed the formula uh for how. they calculate PCE, the main bureau. responsible for this economic analysis. Said here's how we're going to. recalculate legal services, computer. software accessories, portfolio.
management. And at first when this. announcement was made, you saw the. Treasury yield start to go down a little. bit, which was like, are we seeing some. relief? because Treasury yields, the. 10-year, the 30-year were hitting record. highs. And then once it became clear. what was going on right here, boom, the. 10-year starts to surge again. The. 30-year starts to surge again. And as. I've said before, it looks like we're. heading right now to like 8% 30-year. fixed mortgages if it keeps going this.
way. because the Treasury yields and. where the interest rate hikes keep. going, that weighs heavily on what banks. can loan consumers. And it really makes. the affordability crisis that much. worse. And so what we're actually seeing. right now is US consumer sentiment at. record lows. And despite the Trump. regime saying, what's their latest line? We're bringing out more oil from the. straight of Hormuz than before the war. It's actually way better right now. I.
mean, even the most optimistic accounts. of what's going on is it's still not. where it was before the war started. But. if that's the case, then why are we. drawing down another 40 million barrels. of crude oil from the strategic. petroleum reserve? Why is our strategic. petroleum reserve inventories likely. about to fall below 250 million barrels? Why is diesel surging and gas surging? And I just think the American people.
have all caught on to this hustle and. people are absolutely pissed off and. livid that all the Trump regime does. Oh, we have a big AI problem. What do we. do? Let's name it SI. Massive data. center issue. What do we do? Don't call. them data centers. Call them SI centers. And it's just like enough of this crap. Actually deal with the problems that. people are confronting. I want to bring. in Democratic Congress member from New. Hampshire, Chris Papus. Congressman. Papus is running for that really.
important Senate seat in New Hampshire, the open seat against MAGA Republican. extremist John Cenounu. I think the. American people, Congress member Papus, is are clearly aware that this. catastrophic war is having wide ranging. consequences. The person you're running. against has been a major supporter of. this war and basically everything that. Donald Trump does. And I think that. people here are just pissed off also. with people like Cenounu and Trump. saying things are great. Golden Age, we.
did a deal. We did a deal. Look at the. numbers. They're great. And people like. the numbers are fake. You're making all. this stuff up and we're seeing what. you're doing. How do you feel about all. of this, Congressman? >> Well, people know what they're paying. They know they're paying four and a half. bucks a gallon for gas. They know that. diesel is about 650 on average across. the country. In New Hampshire, we're. heading into the winter months and it's. getting colder and so people are filling. up their oil tanks for the winter. That. can cost someone $1,000 to fill up their. tank. It's estimated to be 30 to 50%.
more expensive than it was last year. So. these are real costs that Americans are. bearing right now. And you know, the. administration can hide behind the. numbers or manipulate the numbers, but. that doesn't change the reality that. people are living through right now. And. that's why I'm hearing from folks across. the board, whether it's Republican. business owners, whether it's. independent voters, they do not trust. Donald Trump's leadership. They do not. support this war. They know that it's. raising costs for Americans in real. time. Um, and whether it's the war and. the gas prices, the tariffs, the cuts to.
health care that are driving premiums. higher. uh my opponent in this race, John Cenounu, uh supports this agenda. and will be another vote to champion. Trump's policies and to enable this. agenda in Washington and will also help. Donald Trump uh just continue his. control on the article one branch of our. government, the House and Senate. The. fact is Congress isn't standing up and. doing its job right now. Uh I can count. on one hand the number of Republicans. that have questioned this. administration's strategy on the war or.
on these reckless tariffs uh just on the. mismanagement of our economy. And that's. why we need change in November. We need. to flip the majorities in the House and. Senate. Um things are looking good out. there in terms of the response of. voters. But we got to work hard over the. next 5 weeks to deliver the kind of. checks and balances our founders. intended and to work on behalf of the. American people to unwind these. disastrous policies and to make life. better. You know, I think what people. are seeing is that there's no strategy. at all. Right? I mean, it's Donald Trump. wakes up one morning, he's going to name.
it this Epic Fury or I'm going to name. it that Midnight Hammer and that's what. we're going to do. And and and people. like, what are you even doing? Like it's. a lot of it's evil. most all all of it. malicious and then it's not even carried. out with even the evil and maliciousness. which should not exist. It's then. carried out with a level of recklessness. and carelessness which amplifies the.
evilness and the maliciousness. But it. also just makes us look stupid like on. the world stage. Like it's really sad to. see the captain of your team. Even if. you don't like even if the captain of. your team is the biggest jerk, the worst. person, you're still part of the team. But when there's this loser behavior and. say, "Oh, we control it. It's ours. Look. at the new meme I did. It says Trump. straight. Haha. Watch me attack Canada.
they're going to be begging for a deal. It just makes us look pathetic and I. don't like feeling this way. And I think. so many voters, Republicans, independents, Democrats, just wake up. and go, "Yuck. This is gross." And this. is this is just weak loser behavior. >> It's not leadership. And Donald Trump. puts himself at the center of the. universe and every day is thinking about. how can he help himself? How can he just. sort of uh continue to embellish uh his. own bottom line? how can he uh grow his.
ego even more? Uh, every day it's a. shakeddown for himself and his family. And yeah, it's a golden age if you're. getting a no bid contract or if you're. Don Jr. getting a Russian oligarch to. pay for a wedding reception, but for the. rest of us doesn't feel like that. And. so they can put out whatever numbers. they want. The American people know that. this is a totally incompetent president. uh who is estranged from reality, who is. blowing through all the guard rails, who's running rough shot over the law in. the Constitution every day. Uh he's a.
dangerous president who must be checked. We can't allow him to continue to have. unchecked power in Washington. And the. only way we uh fight back as citizens. and get our country on a better path for. the future is to flip the majorities. I. mean, just electing people who are going. to be rubber stamps for this, who are. going to greenlight this, who are going. to enable it at every turn, uh it's. going to continue to move our economy in. a dangerous direction, uh where it's. just totally unaffordable. So, um you. know, I think Americans are speaking. out. Uh we're seeing, you know, strong.
turnout in state primaries, special. election victories for Democrats, uh. good polling numbers, uh but obviously. the only vote that matters is the one on. November 3rd. Uh and we're waging a. tough race in New Hampshire. We've got. the winning message. Uh the only. challenge to us is we've got a lot of. outside money from Trump, Elon Musk, and. corporate special interests that are. flooding the zone right now. And we're. seeing that across the country. So now's. the time to step up and to get that. message out about change, about a focus. on economic fairness, uh about uh. reestablishing the constitutional. balance of power in Washington.
>> I think about on the issue of. affordability and the ability of people. to afford homes. I mean, a year ago, everybody was expecting that the Fed was. going to cut interest rates about three. times this year. And now, we've seen an. interest rate hike when Donald Trump. previously threatened the old chairman. of the Federal Reserve, Jerome Powell, and literally tried to criminally. prosecute the old guy who was known as a. dove, who was known as someone who who.
cuts. He brings in the new guy who. starts Walsh Walsh who starts rise. hiking the rates right away and now. we're expecting potentially three or. four rate hikes. It's a shift of like. 225 basis points and that's going to. weigh on people and make things more. unaffordable you know in the future as. well. And it seems that what Trump and. these MAGAS are setting up for right now. is the blame that we were this is and if.
you hear what they're saying over and. over again and this is what bothers me. so much because we see where these. trends are heading. I mean, as you can. see where it's going to be next year. based on what I just described and the. way they say, you hear Maga Mike Johnson. and others, you know, 2025 was the. appetizer and then 2026 was the banquet. and we and then 2027 it was going to. roar and then they're going to be like, "We were so close. We did everything. right. It was going to be amazing." And. then the arsonists are going to blame.
the people who are trying to fix it. So, how do you just deal? How do you deal. with that aspect of it when their whole. party is not based on helping people? It's based on power, entrenching power. and blame, and they don't care if. Americans are collateral damage. You. know, they're going to do that. >> Well, I do just fundamentally think that. the country is on to it. Uh I was. visiting with a small business owner a. few days ago and he observed that during. the tough years through the pandemic he.
felt like the federal government had his. back and right now he says the. government is working against him uh. with high fuel costs, high tariffs uh. that have made this the toughest year. he's ever been in business. So I'm. hearing that across the board and it's. not just coming from the usual corners. of the Democratic base. Um the you know. sort of economic genius that some. believe Donald Trump possessed has uh. really been unmasked here. He's uh the. emperor has no clothes. Uh he's focused. on himself every day. He's corrupting.
government for his own purposes and at. every turn it's nothing but gross. incompetence. um you know the people. he's selecting for critical positions um. are selected based on their loyalty to. him and he thinks he can bend the will. of civil society of media firms of law. firms of the entire federal government. to his every whim and that's why we need. to say something about that this. November but I it feels different out. there on the campaign trail than it did. back in 2017 or even just back a few.
months ago because folks are hurting. it's cutting across the normal party. coalitions and this is an opportunity. that Democrats have to really expand the. coalition, build trust with voters that. haven't voted Democratic in recent. elections uh and talk about the issues. that they're living through. We have it. in our capacity to solve challenges to. get our country on a better path for the. future. Uh Trump's just going to. continue to do what he does. Uh I think. the housing bill is a great example of. that. A few months ago, we, you know, put together what was a a pretty.
sensible good first start at a major. housing package. he couldn't even bring. himself to sign it because he wanted to. rig the next election instead. Um so we. got to keep uh pushing in that direction. on housing, on health care, on lowering. energy prices, on child care, the things. that people uh are struggling with right. now and they deserve some help. >> Congressman, this is a big race. All. eyes are on New Hampshire. It's an open. seat. The path for Democrats to take. control of the Senate in many ways runs.
through New Hampshire. it runs through. uh your race and that may be the one of. the deciding factors and there's a lot. of other important races. I don't want. to downplay any of the other important. races, but I think people need to know. how important of a race this is. Where. can people learn more about uh the. campaign and anything else you want to. say to our nearly 7 million subscribers? >> No, this is a key race. It's rated as a. tossup and we've got to hold New. Hampshire Senate seat. So then we can. pick up the four seats we need in all. those exciting pickup opportunities.
across the country. But uh I've got an. opponent with a big family name uh that. goes back decades and decades of New. Hampshire politics. John Cenounu was a. US senator before his brother was just. our governor. Uh and he's got Donald. Trump's complete and total endorsement. and they're pumping in tens of millions. of dollars outspending us three to one. on television. So we urge people to go. to chrispappis.org. chip in what you can. Help us hold this. seat and flip the Senate majority. We. can absolutely get that done on November. 3rd and then begin to unwind the damage. that's being caused to our democracy and.
uh write the ship in a way where we can. translate the will of the people into. some positive progress that the country. is counting on right now. >> Big race. Congress member Papus, appreciate you for joining us. Come back. on before the election. Everybody hit. subscribe. Let's get to 7 million. subscribers. Hey, before you go, our. book WTF America is available for. pre-order now. It's the story of how we. got here and how we fight our way back. To pre-order, scan the QR code or click. the link in the description. Let's do. this. [music].
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