
Trump JUST MADE IT WORSE….
Donald Trump's disaster continues and so. now he's doubling down on the bribes. Last night he said, "If you vote for the. Republicans, we will give all Americans. a $5,000. Trump dividend check." Of course, he's. defrauding the American people yet. again. He's promised that over and over. again in the past. This morning he said, "I found $500 for over 1 million. Americans because Sleepy Joe Biden stole. it from you. So, I'm going to give you. $500 but you got to vote for.
Republicans." The American people are. not buying it at all. Donald Trump is a. disaster here and abroad. Just look at. today's economic news so far. PPI. inflation was just reported. It rose to. 5.4%. year-over-year exceeding estimates. Core. PPI rose to 4.6 year-over-year. The. 10-year Treasury yield rose to about. 4.92%.
The 30-year Treasury yield rose to about. 5.33%. a multi-year high and both Brent crude. as well as WTI crude are both over $100. a barrel and what is Donald Trump doing? Well, he's posting deranged memes yet. again this morning like this weird meme. of himself and this kind of racist. xenophobic. photo of people I suppose who are part. of OPEC and Arab nations. Aren't those.
your friends in Saudi Arabia, Donald? And in this weird meme, he mocks Canada. as well and he goes, "65 billion barrels. USA control with Venezuela realigns. global energy." And again, more fraud. Donald Trump lying at whatever the hell. that was last night the Republican. midterm convention. I guess they were. calling it that in Dallas saying that. the strategic petroleum reserves in the. United States are now saved because the. Venezuelan oil will be going in the.
strategic reserves. As I've repeated, it's going to take years and years, perhaps a decade, to even start refining. some of that Venezuelan oil that he's. talking about. Also, it's sour, viscous, dense, it doesn't go into our strategic. reserves. There's probably not 65. billion barrels, it's all a fraud. And. also, it's a form of Donald Trump. communism, what he's creating, a. Department of Defense Trump-owned oil. company because private businesses. aren't sufficiently investing in. Venezuela, so he can do a deal with.
these Chavistas and Maduro's sidekick. Delcy Rodriguez. I mean, Donald Trump. said that he would make the best. communist like Lenin. All you got to do. is promise people things, I'm going to. give you this, I'm going to give you. that, then you don't deliver and people. live in squalor. Sounds about right. Also, major developments internationally. that you know we've been covering here. at the Midas Touch Network every day now. for the last several months, frankly. years, we've been talking about. developments in places like Yemen. Over.
the past 12 hours, the Houthis, Ansar. Allah, have officially captured Al. Mokha, the port city very close to the. Bab el-Mandab Strait in the Red Sea, about 60 km there. The Saudi-backed. forces have fully retreated in the past. 12 hours. The Houthis, part of Iran's. axis of resistance, have taken over. 1,500 km of land. As they push forward,
they're throwing military parades right. now in Al Mokha, and they've also been. able to take the island of Zuqar, Jabal. al-Zuqar. And what this means is that. Houthis can assert more control over the. Red Sea, not just the Bab el-Mandab. Strait, but the Red Sea generally. positioning themselves all across the. western coast of Yemen. And of course, we know the Houthis are allied with. Iran, part of the axis of resistance.
Back in July, you may recall Saudi. Arabia struck the airbase in Sana, the. airbase where the Houthis had a. stronghold hard. And really until that. time, yes, the Houthis were a little bit. helping Iran um since the United States. launched the catastrophic war with. Netanyahu, but they weren't fully. involved. I guess Saudi Arabia thought. that they would be able to do that and. the United States would have their back. and that did not really happen. And as.
the United States security umbrella fell. in that region, Saudi was looking around. and Saudi Arabia, they were like, "Pakistan, you want to help? Turkey?". They did the Mecca pact, but the Mecca. pact is not really jumping in there um. as of yet. And you're seeing what. happens with the US security umbrella. crashing. And this is a major win for. Iran as well, as it strengthens their. stronghold right now, not just in the. Persian Gulf, not just by the Strait of. Hormuz, but in the Bab el-Mandeb Strait.
in the Red Sea. And a massive victory. for Iran's axis of resistance. And what. is Donald Trump doing? Making posts like. this. "If Republicans win the House and. Senate, I will issue a dividend of. 5,000." We heard you last night. You're. a liar, okay? You promised the Dojo. dividend check. You promised the tariff. rebate check. You promised to cut. electricity prices in half. You promised. that gas would be $2 a gallon. You. promised the war was going to end in a.
few weeks. And then you promised it. again, and you promised it again, and. you you're just a liar. You promised you. would end the war in Ukraine in 24. hours. All you do is lie. Like this. Donald Trump posts, "The Republican. midterm convention last night was a. major hit. It was sold out, Far bigger. The overall numbers beat the NFL. The. arena, which was really nice, beat its. own attendance records. We saw all those. empty seats. You did not beat the NFL. What are you talking about? I mean, do.
we all realize how utterly deranged this. behavior is? Donald Trump's former chief. of staff, Mick Mulvaney, he was on state regime media Fox and he. said, "Yeah, Donald Trump's not really. going to do this cuz he's a liar." Here, just watch for yourself. Play this clip. >> What do you make of it, Mick? You think. this is a good idea? >> Uh no. But, the good news is I don't. The good news is I don't think it's. going to happen. The math I ran was. about $1.3 trillion. I'm not sure.
how they would do it legally. You can't. spend money unless Congress appropriates. it. Maybe there's a way to do it through. tariff. revenues, maybe. But, that's only 300. billion. Um and if you actually did it, it would. simply be inflationary. If you just If. too much money chasing too few goods is. all you do. Throw more money into the. system. All it's going to do is increase. inflation. We saw that on the tail end. of COVID. So, the good news is I don't think anybody. really believes it, Stuart. I mean, we. we've heard about these Trump dividend. checks since he he came into office in. the second term. And.
I'm not sure what the administration is. doing. I'm not sure what the campaign is. doing. I In fairness, I think it shows. weakness. >> And just think about it. Donald Trump's. words, the president of the United. States words, don't just mean nothing. They are cancerous. They are dangerous. They every word, utterance, syllable is. a lie and it is making the United States. much, much weaker. Donald Trump posting. a video this morning. I'm not going to. play the whole thing. Don't worry. Announcing a $500 rebate check to nearly.
1 million Americans. So, there's the. 5,000. There's 500. I'm going to give. you money. I'm going to give you money. I'm going to give you money. I'm going. to give you money. I I again, all lies. Watch this for yourself. Here play this. clip. >> Nearly 1 million hardworking Americans. in 30 states will soon be getting. refunds of $500 each with a check sent. to their home address. In many cases, these refunds will cover the entire. spike in your insurance caused by. Democrats who solely work to protect big.
insurance companies. The big insurance. companies own the Democrats. >> But the American people aren't buying it. at all. I'll show you the latest polling. data. Harry Enten delivers it in. a way that only Harry Enten can. Here. play this clip. >> and I know because it's been reported. that a lot of Republicans wish certainly. that he didn't make two appearances, which seems to going to be the be the. case, but that he didn't make one.
appearance. I guess they're happy that. in fact the one good thing about him. going out during the NFL season actually. beginning is most people will be. watching the NFL. Maybe that was the. strategy all along because just look at. this. Trump's net approval rating. according to Ipsos Reuters Ipsos. polling. Look at this. You know, in term. number one things were bad, right? In. September of 2018, the president's net. approval rating was 14 points under. water. That is his approval rating was. 14 points lower than his disapproval. rating. But you know, you saw a little. bit of a spike, right? Going into term. number two of plus six months. But look.
at this. Look at this number. President. Trump is 30 points under water. He is. under the Gulf of Mexico or to put it in. President Trump's language, the Gulf of. America. 30 points under water. He is. twice more than twice as unpopular than. he was at this point going into the. first midterm election that of course he. had during one of his presidencies. >> This is overall with all voters. What. about independents? >> Okay, what is driving? What is driving. this? What is causing President Trump to. be more than twice as unpopular at this.
point than he was during his first. presidency at the same time? Well, Kate. Baldwin, you set it up for me. It is. independents. It is independence the. name of the game. Just look at this. Trump's net approval among independents. Look at this. In term one he was 18. points underwater. Again, not too hot to. trot. But look at this. 50 points. underwater. 50 points underwater. What. is that? That's nearly three times as. unpopular among independents. Look at. this. He's nearly 50 points more. unpopular than he was at the beginning. of his second term. These are the types.
of numbers that if you're a Republican. watching that convention knowing that. President Trump is this far underwater. with independents, you are going to. yourself, "What did I do to deserve. this? Why? Why? Why? Why?" These numbers. are absolutely atrocious. They are. historically atrocious for any president. at this point in term. >> We're hearing from former Secretary of. State Hillary Clinton who says the. United States position in the world. right now is no one views us as a. serious country. They view us as a. dangerous country, but no one views us.
as serious. Here, watch for yourself. >> Look, right now we're not a serious. country. It We're a dangerous country. We're causing all kinds of problems in. the world. We're making ridiculous, you. know, stands. We're picking fights with. our best friends. We're threatening our. best friends. We're giving passes to. those who wish us ill. I mean, we are. not a serious country and we don't have. serious leadership. If we do again, I. think we can actually make progress. I. remember. >> Then she goes on to say that Donald.
Trump is the Olympic champion of lying. Play this clip. >> and is the Olympic champion of lying. He. lies about everything. He lies just for. the sake of lying. But when it affects. people's health, when it affects their. pocketbook, when it affects our, you. know, soldiers and our Air Force and our. Marines and our sailors and everybody in. the Middle East, when when it's just. lying that puts people's lives at risks. or makes life so much harder, that is something that the American. people should not tolerate.
>> And then she says Donald Trump has. strengthened Iran more than anybody. Here, play this clip. >> You know, you have to ask yourself, well, you know, where are we today? We are the ones that are strengthening. Iran. Have we not learned anything from. what we've done for the last 25 years? And Iran, I think, with the not just. encouragement, but with the assistance. of both China and Russia, is playing a. very clever game of diminishing our.
capacity to defend ourselves and our. allies. >> Now, Michael Popok will be doing a. longer take on this. earlier in this morning as well, but. also Donald Trump got more bad news from. the United States Supreme Court in the. case involving the gerrymandering in. Missouri. You'll recall previously the. Missouri State Supreme Court in a. unanimous decision, 7 to 0, ruled. against the MAGA Republican Secretary of.
State and Attorney General's attempt to. do the gerrymandering, changing the maps. from a 6 to 2 map, six Republican. congressional districts, two Democratic. districts, to a 7 to 1 map, seven. Republican congressional districts, one. Democratic congressional district. The. right-wing Missouri State Supreme Court, five right-wing justices, two liberal. justices, they said, "If you want to do. this, you need to do it by a. referendum." And it's the MAGA.
leadership that's blocking the. referendum in this state. So, just do a. referendum. And. uh then the United States Supreme Court, you'll recall earlier this week, denied. Missouri's request uh to appeal the. Missouri Supreme Court's ruling. And. then the Missouri Attorney General. rushed to a federal court, a judge. appointed by Donald Trump, who actually. temporarily blocked what the. Missouri Supreme Court did and it's.
like, okay, how about federalism and. state rights and elections are state's. issues. And then that was appealed to. the 8th Circuit. The 8th Circuit. right-wing said, we don't have. jurisdiction. Then it was appealed to. the Supreme Court again and the Supreme. Court has blocked Missouri's. gerrymandering map from taking effect, meaning it goes back to the original 6-2. map and the Missouri State Supreme Court. ruling holds. Um while this case plays. out and that's going to be the case.
through the midterms. So a big loss for. Donald Trump right there. And so Trump's. going to do whatever he can do to cheat. and to block and to do his fascist stuff. that he always does. That's why he's. trying to tamper with the mail and. change the US Postal Service ability to. deliver ballots, which is all being. litigated and fought in court. So it was. a good sign that the Supreme Court made. that ruling as it relates to uh mail uh. as as it relates to elections there. At. least it was a good ruling. Um and then.
we also learned that Jimmy Kimmel. announced that his interview with Texas. Democratic uh Senate candidate James. Talarico will not air on ABC um saying. Trump's FCC threatened him, his show and. ABC uh if they aired the interview with. uh James Talarico. I mean, just complete. and utter fascism, right? Um so it's. going to be on their YouTube channel. That's That's what it's going to be. about. But Jimmy Kimmel joined the Midas. Touch Network. Stephen Colbert joined. the Midas Touch Network. You know, we're. getting more views here on YouTube than.
TV's getting anyway. So this is the. future. And the Midas mighty would love it. Um. we'll keep you posted on more. developments. Um. you know, I'll just give you this one. data point as well. Hong Cao, the acting. Secretary of the Navy, gave an interview. with a guy named Ryan Morgan confirming. what we've been reporting here on the. Midas Touch Network. Acting Navy. Secretary Hunk told Ryan Morgan that. Iranian forces blew the hell out of. Bahrain, which is what we've been seeing.
on all the open source. analysis that we've been sharing with. you. And now it was confirmed by Hunk. that the. And that was the main logistical hub and. that was one of the real reasons why our. service members, our sailors and our. Marines on the US on the aircraft. carriers. were not getting a lot of the supplies. and they were suffering and still that's. going to continue to be a problem. Iran. struck all of the logistical hubs. in the region and the Trump regime just. covers it up and pretends it's not.
happening but this admission by acting. Navy Secretary Hunk. that yes indeed Iranian forces blew the. hell out of. Bahrain. So, there you have it. Everybody hit subscribe. Let's get to 7. million subscribers. Thanks for watching. everybody. >> Want to stay plugged in? Become a. subscriber for our Substack at. midasplus.com. You'll get daily recaps. from Ron Filipkowski, ad-free episodes. of our podcast, and more exclusive. content only available at midasplus.com.