In short
The episode argues that a proposed Trump administration “deal” involving TikTok is a national-security and corruption failure—benefiting Donald Trump allies (especially Larry Ellison) while weakening U.S. leverage over China.
Guest backgrounds
No guests are interviewed. Host is Michael Popok (Legal AF / Midas Touch Network).
Key claims
Trump’s trade officials (Jamie Greer, Scott Bessent) are negotiating a TikTok sale to an American buyer while pausing/rolling back tariffs and ensuring “fair value” to China. The host says Congress and the Supreme Court previously upheld a TikTok ban due to Chinese Communist Party control of data/algorithm. He claims Trump shifted after election help from TikTok and because of personal/family and friend interests.
Notable examples
Alleged leverage via China’s antitrust/criminal investigations targeting NVIDIA; Trump’s prior claim of surveillance risk; Oracle hosting TikTok U.S. data since 2020; references to U.S. ownership stakes in U.S. Steel/Intel/rare-earth firms and a 15% royalty deal tied to AI chip sales to China.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOTrump's Deal with China over TikTok
1:30 to 1:54
A discussion on Trump's deal involving TikTok and its implications for national security.
“When it comes to my policy, Farmers gives it to me straight, so there's no surprises.”
Trump's Deal with China over TikTok
2:30 to 5:50
A discussion on Trump's deal involving TikTok and its implications for national security.
“And all this Donald Trump has done because his foreign policy, his economic policy, is warped by his own avarice and greed and his desire to help his friends and family members.”
The National Security Risks of TikTok
5:50 to 9:10
Exploration of the national security risks posed by TikTok's Chinese ownership.
“In the past, Donald Trump was very vocal that he saw the national security risk of a foreign Chinese communist government operating effectively a surveillance platform through TikTok.”
Implications of a TikTok Sale
9:10 to 9:44
Analyzing the potential fallout from the sale of TikTok and Trump's involvement.
“including softer fur, fresher breath, better poops, and more energy after switching to Sundays.”
Implications of a TikTok Sale
9:48 to 11:30
Analyzing the potential fallout from the sale of TikTok and Trump's involvement.
“Now, of course, Larry Ellison is going to end up on the winning side of this transaction.”
Critique of Trump's Business Dealings
12:20 to 14:02
Criticism of how Trump's business dealings impact American interests and national security.
“Larry Ellison's Oracle has been hosting in their cloud and on their server farms all of the data for U.S.”
Critique of Trump's Business Dealings
14:43 to 15:00
Criticism of how Trump's business dealings impact American interests and national security.
“That's why we formed the Legal AF Substack.”
Transcript
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2:28Michael Popok:Donald Trump is benefiting the Chinese and the Chinese Communist Party at the expense of our national security. They cut a deal in principle today between Donald Trump's trade representative, Jamie Greer, his Treasury Secretary, Scott Bessent, and the Chinese Communist Party to have TikTok and its 170 million users be sold off to an American buyer for the American entity, to an American buyer who's likely a friend of Donald Trump like Larry Ellison, who owns Oracle. And all this Donald Trump has done because his foreign policy, his economic policy, is warped by his own avarice and greed and his desire to help his friends and family members.
3:14Michael Popok:While he's president of the United States, he's not supposed to be brokering deals to help his friends from the Oval Office. He's supposed to be doing the people's business. He's getting paid to be the president of the United States, not the deal maker in chief. Why do we own, under Donald Trump in just the last several months, effectively own a controlling interest in a Japanese steel manufacturer operating as U.S. Steel in the United States? Why do we own 15 % of Intel, a computer chip manufacturer? Why do we own 15 % of a rare earth mineral company? Why is the United States and the people's taxpayer dollars in business at all?
3:58Michael Popok:Why are we bailing out private enterprise and having the United States compete with private capital in the business world? And now, because we want to benefit Larry Ellison, the likely ultimate buyer of TikTok, we're going to strike a deal where we get rid of the tariffs against China effectively. They've all been paused. And we make sure, this was a quote from Jamie Greer, the trade representative. We got to make sure the Chinese get fair value for TikTok. Oh, yeah. And by the way, that our national security is also protected. That's America first, I'm Michael Popak. You're on the Midas Touch Network and Illegal AF.
4:42Michael Popok:Let's get to the apparent sale of TikTok. Now remember, Congress got together in a bipartisan way under the Biden administration and blocked TikTok, banned it unless it sold itself out from under the Chinese government. I know people love TikTok, but you also have to love it and recognize that the Chinese Communist Party ultimately controlled TikTok and its algorithm and all of its information and personal data that you have provided him, provided TikTok, wittingly or unwittingly. And that was a national security risk that was recognized not only by a bipartisan Congress and a president at the time in Biden, but by the United States Supreme Court, who sided with the ban, even though Donald Trump, after he got elected and before he became president tried to lob in a brief arguing that, well, things are going to change when I'm the president, so don't rule in favor of the ban.
5:36Michael Popok:Well, that didn't work. And Donald Trump only jumped on the bandwagon to let TikTok be sold and to extend the time to sell it because his sons, Barron and others, convinced him that TikTok helped get him elected this time. In the past, Donald Trump was very vocal that he saw the national security risk of a foreign Chinese communist government operating effectively a surveillance platform through TikTok. But now that he can find a way to benefit friends and family, we got a new deal announced. And the thing that's most galling about it is I'll show you a clip from Scott Bessent, the Treasury Secretary.
6:15We have a framework for a TikTok deal. The two leaders, President Trump and party chair Xi, will speak on Friday to complete the deal. But we do have a framework for a deal with TikTok.
6:34Michael Popok:And the art of the deal, it was the ban that gave them the leverage. And the Chinese, to gain additional leverage in their negotiation, because they needed some chips on their side, no pun intended, started a criminal investigation and an antitrust investigation against the U.S. chip manufacturer, NVIDIA. And if you didn't know it, NVIDIA is the number one stock in the world that drives the U.S. stock market. NVIDIA. Not Amazon. Not Facebook. Not Microsoft. NVIDIA. And so they went after NVIDIA and other chip manufacturers, including putting about 20 of them on a list. So they had that as leverage.
7:17Michael Popok:So Donald Trump gave up and folded on the tariffs against China, cut the deal, and then of course, according to Jamie Greer, the trade representative for the United States, we got to make sure the Chinese get enough money. Is that what you have to do? I thought we're protecting America's national security. I thought that was the reason for the ban that gave you the leverage to cut the deal. But again, as I said at the top of the hot take, Why are we in the business of business as the United States government, as the president of the United States? You're not the CEO. You're not the chairman of the board of the United States.
7:50Michael Popok:We're not your shareholders. We're American citizens. We're patriots. We're taxpayers. Stop using our taxpayer dollars to go off on the folly of investing in business and competing with private capital. And then to add insult to injury, undermine our national security to boot. In this crazy upside down world that we're working to make sense of, I have no better judge of character than my lab border collie, Lily. And having given her her forever home, we take pride in making sure that we feed her healthy, fresh dog food while making sure we don't break our back or the bank doing so. And my family is thrilled to have found Sundays for Lily, having tried other freezer box brands, and we noticed the improved health of our dog almost right away.
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9:51Michael Popok:on the winning side of this transaction. It hasn't been announced yet, but I'd be shocked if Ellison isn't the sole buyer or part of the buying group. First of all, he's got enough money to put the tens of billions of dollars necessary into the Chinese government's pocket. Nothing like giving our enemy and our military enemy tens of billions of hard-earned U.S. dollars. So one, there's very few people that can stroke that check. Larry Ellison surpassed Elon Musk as the world's richest man, hangs out with Donald Trump. Press conferences at the top of the term. You know, he's all in. And if he's not all in, his son is all in.
10:30Michael Popok:The Nepo baby Scott Ellison, who owns Skydance that just bought Paramount because Donald Trump allowed him to buy Paramount, which owns CBS News. So Donald Trump has effective control of CBS News in 60 Minutes through the Ellison family. I'd be shocked if it's not Larry Ellison to stroke that check, or at least a part of the buying group. because you got to come up with tens of billions of dollars to buy this platform and then make it work and make money off of it. But you should be as upset as I am that Donald Trump is, while he has been paid and elected to do the people's business, is just doing business, Trump family business, friends and family business, not the American people's business.
11:21Michael Popok:This doesn't help the American people that TikTok got sold ultimately and brokered by Donald Trump to Larry Ellison or somebody just like him. How does that help the American people? I know what people are saying. TikTok will survive. TikTok was going to survive regardless. If the Chinese didn't find a willing trading partner in Donald Trump and got billions of dollars off of Trump through his friends to do it and didn't have to give up anything and got their tariffs reduced, who's the winner in the transaction since we're calling it a transaction the Chinese the communist party just beat Donald Trump in a capitalist game that's it so that was going to get sold to the 170 million people that use TikTok and I think I'm on there when they chop up some of my videos you know it would survive there was going to be a non-communist Chinese buyer Oracle has been hosting the That's why they're the natural fit.
12:20Michael Popok:Larry Ellison's Oracle has been hosting in their cloud and on their server farms all of the data for U.S. TikTok for quite some time since 2020. They're already there. Throw them the keys. Give them the ownership. They'll strike a check for$10 or$20 billion. Then they'll take TikTok public and get all the money back. And who will be there to support it? Other friends of Donald Trump. Follow the TikTok money. It always leads to corruption and corrupt warped policies of the Trump administration. And that's what we're reporting on right here. So what's going to happen next? We got a tentative deal.
12:57Michael Popok:Then we're going to see Donald Trump pull the rug out from, well, not from under the Chinese, but to get rid of the 50, 60 percent sanctions against China. That's going to go. China is going to continue to wage war against our chip manufacturing. That hasn't been solved. and we're going to sell it to them. And then Donald Trump's going to hand TikTok off to a friend or a family member, including Larry Ellison. And TikTok will go off and survive. And the Chinese will get lots of hard-earned American currency to upgrade their military with. As Donald Trump also, remember, brokered the deal for NVIDIA, the chip manufacturer, to sell the top secret or high-end artificial intelligence computer chips to the Chinese as long as Donald Trump and the American people get a 15 % royalty.
13:50Michael Popok:I'm like, that's what our national security is worth? You can put a price tag on that? 15 %? This is the Trump administration in action. This is where all those worlds collide. His corrupt foreign policy, his corrupt tariff policy, his corrupt national security policy, all come into a head with his TikTok brokering. I'm Michael Popok. You're on Legal AF and on the Midas Touch Network. Come over to Legal AF, the YouTube channel. We just crossed our 800 ,000 threshold, subscriber threshold, before our one-year birthday, which is this Wednesday, the 17th of September. And then help us continue to grow our Legal AF sub-stack, where I post much of what gets filed in the courts that is important that you need to know, two live videos every day, and all the rest.
14:38Legal AF Substack, that's the new community you want to become a part of.
14:42Michael Popok:So until my next report, I'm Michael Popak. Can't get your fill of Legal AF? Me neither. That's why we formed the Legal AF Substack. Every time we mention something in a hot take, whether it's a court filing or a oral argument, come over to the Substack. You'll find the court filing and the oral argument there, including a daily roundup that I do call, wait for it, Morning AF. What else? All the other contributors from Legal AF are there as well. We got some new reporting. We got interviews. We got ad-free versions of the podcast and hot takes. Wear Legal AF on Substack. Come over now to free subscribe.
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From the publisher
Trump just brokered the sale of TikTok for the Chinese Communist Party to a likely friend or family member of Trump, but not before ensuring that China (and its military) receive Tens of Billions of US dollars in return for the sale, they can use to continue to hack, spy on, and militarily defeat the US. Michael Popok examines the new announced framework of the sale Trump “brokered” and what it shows about Trump selling out our National Security so he can burnish his “deal maker” reputation as the CEO of US Inc.
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