MeidasTouch Full Podcast - 10/28/25

23:16MeidasTouch Brothers:And I was like, but didn't you just announce that? You're now doing it again. And basically every two months, the Trump regime announces a trade framework with China. Then there's a fight, then there's a framework, then there's a fight, then there's a framework. And the stock market continues to go up and then it'll have a day where it goes down, but then it goes up. This is great news. We have a framework with China. And meanwhile, when you actually analyze like, well, what's this framework about? The key issues, the same way when we talk about how flawed the deal is in the Middle East, which the key issue would be, is there a two-state solution or not a two-state solution right in the Middle East?

23:57MeidasTouch Brothers:That's the key question. How do you not address that issue in a peace deal when that's the reason why there haven't been deals before. That's why it's not a peace deal, but it's a ceasefire. Over here, the main issues of China's control of rare earths and the ability of China just to issue restrictions on rare earth minerals being exported and how these price controls and other controls can crash markets, that's not being addressed. So all this is is window dressing and not actually a deal. It's just basically saying, you know, Trump gets angry, he raises the tariffs, then he brings the tariffs back down.

24:35MeidasTouch Brothers:But not the systemic issue about where the tension is with China in the first place, which is their overall control over the rare earth minerals market and how they can use that to harm our economy and harm other economies when we don't exert leverage. I want to talk about that and more. Then we'll talk about this trip to Asia, what's really going on. I want to contrast Trump to Prime Minister Carney's appearance because you really see a big difference of the U.S. approach and the Canadian approach. But I want to take our first quick break of the show. I want to remind everybody, though, if you can, subscribe right now to this YouTube channel.

25:12MeidasTouch Brothers:It's free to subscribe. Also, become a member, a paid member of this YouTube channel. And you're able to gift memberships to others as well by clicking the Join button. So others who may not be able to afford a membership and access the exclusive content and the emojis, if you're able to give that gift of a membership, that would be great as well. All right, let's take our first quick break of the show. Brett and Jordy, I know you're anxious to respond to the kind of fake deals that keep being announced over and over. I see your faces there. Let's take our first quick break of the show. True self-reliance starts with taking control of your own health.

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28:12Let's go. Shout out to our sponsors. Links in description of both the YouTube and the audio. Use the links, use the codes. If there's an exit survey, let them know we sent you. Benji, where to next?

28:22MeidasTouch Brothers:Brett, I know you want to respond to the fake deals and the Ponzi scheme economy. Bernie Madoff's Ponzi scheme was$65 billion. Trump's is$20 trillion, which we'll talk about in a bit, how he makes up that we brought in$20 trillion of investment when the number is an entirely false and fabricated number. But we keep seeing what he does with the market. China is a prime example, but he's done that with every single country. We have zero trade deals in 90 days. We have six fake deals or seven fake deals in 90 days. And what I mean by that is they're non-binding. They're not actually signed. And trade deals are detailed documents, often a thousand pages in length.

29:06MeidasTouch Brothers:And they are free trade agreements often that deal with a comprehensive trading relationship between trading partners. And that's not what these are. These are press releases that Donald Trump issues. And then if he wakes up and doesn't like an advertisement that's being run by a country, even if it's just from a province, the way Ontario ran an ad in the United States, he goes, oh, okay, it's 10 % more now on Canada. I'm raising the tariffs. So these are not deals, even the six or the seven. And I think that our media calls them trade deals. And I'm like, they're not deals. And there were zero deals in 90 days, but seven fake deals in that amount of It's all a Ponzi scheme.

29:48MeidasTouch Brothers:The whole thing is a Ponzi scheme. And it's so obvious that when you look at the job numbers, when you look at GDP growth. What job numbers? From three months ago. Yeah, job numbers they're no longer releasing, the inflation data that they're no longer releasing. I mean, the scam is staring us in the face, people. It's just absolutely crazy. And the thing that really, 90 deals in 90 days, everybody remember that? That's the new 15 days to stop the spread. Remember that from the first Trump administration, all lies, all a scam. And I think one of the issues that we're running into with the Trump administration, and I think what Trump is in tune with is the fact that there are no consequences for his actions here.

30:30In fact, the opposite, he himself and his rich cronies are benefiting from his own actions. So what I try to do whenever I'm analyzing anybody, whenever I'm trying to analyze a situation and figure out what's going to happen, what is somebody's behavior going to be like, I try to look at what are the things that are motivating them and what are the consequences, right? What are the things that, what are the consequences of their actions here? And what we're seeing here in the case of Donald Trump is that every time he announces these trade deals or trade frameworks and says that he's come up with a trade deal, even though it's BS, the market spikes, right?

31:07You have to look at incentive structures. And so if Donald Trump realizes, you know what? It's actually better if I don't do any deals. I can't do any deals. And so, you know, but what I've learned is I can manipulate the media and I can manipulate the markets. And if I say that we have a trade framework or if we have the scaffolding of a deal, a concept of a plan and the market goes up, great. And when I want to manipulate the markets even more, all I got to do is send out a post on my Truth Social account, and I got to say, China, you've been bad. China, I'm going to punish you some more. Then the markets go down.

31:42And if you think that there aren't people who Donald Trump knows personally that are not benefiting on these market swings every single time it happens, then I don't know what to tell you. There are people getting extremely rich right now off this market when it swings in both directions. And Donald Trump knows damn well that he can manipulate these markets quite literally with a tweet. And so that is a dangerous power for somebody like that to have. And in my opinion, the incentive structure is not for him to solve any of these issues at all. It's for them to prolong. It's for him to prolong these issues and then make up these fake deals, these fake patches for these issues, which then swing the market back and forth in various ways as him and his rich cronies get richer and richer.

32:23That's the scam that we see playing out all this while the food lines extend, while people are, while people are suffering out there, while people can't get their healthcare, the richest in this country right now are living it up. They are having the time of their lives under this Trump regime. And that's why they are doing everything in their power to protect him. You guys both nailed that. So there's no data to inform the economy or anything like that because of the government shutdown, right? And so Donald Trump now gets to manipulate the markets with the swing of a tweet, with a press release that the media is just so eager to chomp at and take at face value.

32:58Oh, look, he's reached another deal. What a genius he is. And I wouldn't say, I would say in many cases, he doesn't even have to quote unquote, manipulate the media there, Brett, when so many are willing participants, CNBC. I mean, they love parroting these talking points. And to your point, why Brett and Ben? Because you can't tell me the hosts of the world that we see on CNBC, they're not the top 1 % of America. They are. They are. And so they love this. They're in on the con. They are in on the game and they chomp at the bit to put this stuff out there and seed it to the world because it benefits them.

33:35It makes me so angry because all of this is again, at the expense of the American people, people who are really struggling out there who don't own stock, who don't want to play this market manipulation game, who just want to be able to feed their damn families. And then you have Mike Johnson up there just parroting these Trump talk. I mean, Mike Johnson's a total, freaking puppet man. He is. He's a total, complete puppet up there because really what it comes down to is Donald Trump. He has all of the control there. And to see this, it's just, it's so - And Jay, even Trump admitted that the other day.

34:07You know, there was like an interview comments from Trump the other day where he was like, yeah, Mike Johnson's my puppet. Like he'll do whatever I can. Like Mike Johnson, totally cut Mike Johnson. And so, and by the way, so this is, I don't think we're going to get into the Bannon clip on this show, but like Steve Bannon over the weekend or a couple days back at this point had said something like, Donald Trump is ready to run for that third term and we're going to figure out how to do it. I'm paraphrasing, but that is what he said. It was pretty blunt and direct, just like that. And so what I see Trump doing here with Mike Johnson is sort of testing the waters.

34:38Hey, can I be de facto Speaker of the House here? Let me see how far I could push my limits here. He is though, right? He is de facto Speaker of the House. And I don't think he has to test the waters because I think this House of Representatives and I think this Vice President and who we have. Like if what happened in 2020, if January 6th happened today, you could be damn sure that JD Vance would not do the right thing. Like Mike Pence did. JD Vance would come up with some smarmy excuse and be like, okay, liberal. So you're telling me that he can't serve a third term because, oh, okay, buddy. Like he'll, he'll come up with some of his woman and his smarmy responses.

35:10Mike Johnson would be like, well, if you know guys, uh, actually, uh, this is what the people want. And you know, my religion tells me that, you know, they could come up with an excuse for anything and they will. I don't even think Donald Trump needs to test the waters on it. And I think Donald Trump likes, first, I think he likes the chaos he causes when he speaks about, you know, all the third term stuff. But I do think that, you know, if given the opportunity, he would absolutely take it and absolutely try to do it. I mean, we're dealing with a guy who does not give a damn about the rule of law, does not give a damn about the constitution and a party who's inclined to protect him every step of the way.

35:45They're not even dropping breadcrumbs. They're dropping entire loaves of bread that Trump plans on doing this. When he met with Jeffries and Schumer, for example, I mean, there was no cameras there, right? But what was the big thing that he was handing out Trump 2028 hats in that meeting? And so we have to really be prepared here to see just how far he's going to test this thing. I don't know how we ended up here from the economy and CNBC conversation, but it is scary. It's scary and it's upsetting to see macro of just how much power the Republican Party is willing to concede to this man.

36:18MeidasTouch Brothers:Well, and I think as you bring up Maga Mike Johnson, the power to tariff is the power to tax. And that resides with Article One, which is Congress. And the fact that Congress right now under Maga Mike Johnson has allowed Donald Trump to unilaterally engage in a trade war against the world, allows Donald Trump to wake up and say, I don't like an ad that the province of Ontario is running in the United States that directly quotes from Ronald Reagan. And Trump says it's clearly AI when it's not AI. It's Ronald Reagan's speech. It's a shorter version of the speech because ads can't run for five minutes.

37:02MeidasTouch Brothers:That would be like a show. But it's Ronald Reagan's voice. If you just get to wake up angry and say a 10 % tax on the American people, which is what a tariff is, which is one of the reasons we're seeing inflation rising. And then not only do the Republicans in the House say, whoa, that's our job. We are a co-equal branch and we should do something. But they then go, actually, the foreign countries are eating it. Actually, there is no inflation. We're in a golden age. All Americans are prospering. Promises kept. And it's like, nah, you Americans are suffering right now. Right there in lies a massive, massive problem and not constitutional crisis.

37:45MeidasTouch Brothers:We're past the crisis part. We are in the authoritarian regime. And the question is, is how does the opposition and resistance respond to that with moral authority, with formal authority, like we're seeing with Prop 50? And you see Democrats in Virginia now finding a potential loophole there to call a special session because the MAGA Republican governor, Glenn Youngkin, forgot to adjourn a special session back in 2024. So Democrats there are trying to figure out, can we get three additional seats out of Virginia? You have Democratic leader Hakeem Jeffries going to Illinois to figure out if there's a way to get a seat there.

38:22MeidasTouch Brothers:You have Democrats in Maryland trying to see if they can respond to what is the new ballgame, which is this free-for-all caused by MAGA Republicans, which is the same way on the global side, the rules-based order that existed is gone. The rules-based constitutional system in the United States is gone because of Donald Trump. And that's a big problem for people who like structure and rules and laws and constitution and following the constitution. All right, let's go to talk about Trump's trip to Asia, to where we started. Just think about this. I want to show the contrast of Trump versus Carney.

39:04MeidasTouch Brothers:So here you have Donald Trump on this trip whining in Malaysia about the escalator not working at the United Nations and the teleprompter not working, which was caused by his own people. But he's still whining about this months later. Here play this clip. I won't forget that day because it was one of the first wars that I got involved in. And I love doing it. I love it's one. It's like I shouldn't say it's a hobby because it's so much more serious than a hobby, but it's something that I'm good at and it's something I love to do. The United Nations should be doing this, but they don't do it. You know, they don't do it.

39:41They turned off my teleprompter when I made a speech. I had to make a speech without a teleprompter. They're good at that. The escalator wasn't working too well.

39:49MeidasTouch Brothers:It came to a complete halt. But still whining about the escalator and the teleprompter to just grow up and get over it and talk about real things. I mean, you had Prime Minister Carney very specifically going through the trading relationships with ASEAN, the Southern Asian countries, and what they were specifically doing and how they were focused on broadening these deals. Here was Trump lying, though, and saying that he's brought in$20 trillion. And it's like, you're not fooling anybody. I mean, all the other countries are there. They know they're not giving you that money. I understand this is for his own ego, but it's like you're speaking to the group of people who you claim gave you the money and they know they didn't give you the money.

40:35MeidasTouch Brothers:So they know all they have to do is just allow you to fake it while they are pursuing changes in the previous rules-based global world order that existed where the United States was once the leader. Here, play this clip. critical minerals and other industries the united states is having its golden age last year we were a country that was doing very poorly under a different semi-leadership i don't even go to leadership but this year we're doing numbers that nobody ever thought it was possible for any country to do will be at the end of my first year over 20 trillion worth of investment into the United States.

41:18There's no country anywhere that's ever done anything close to that. The United States last year.

41:24MeidasTouch Brothers:Yeah, because it's not true. And also, he thinks that's strength, where it's weakness masquerading as strength. And people see the masquerade, like they see it. Because when you trash the prior administration, you're trashing, in general the continuity of American leadership, right? You don't see other foreign leaders ever going on stage. And by the way, even like where there are like who's, like even when there are dictators up there, they're not spending their time focusing on trashing prior administrations or what existed before because the rest of the world leaders that are there are focused on What can you do now and what could happen in the future?

42:09MeidasTouch Brothers:So it's actually a very, it's a very weak thing that causes a massive amount of damage at the end of the day. I think it goes back to what I was saying before too, about like these incentives that are there. And what Trump realizes is he could say this, he could lie, and he doesn't really fundamentally get much pushback other than like you're at the Midas Touch Network when he makes up these various numbers. And I think Trump operates the country very much like somebody looking for that sugar high, you know, like he's always trying to go, OK, what how could I kind of manipulate the market in this moment?

42:43How could I try to get, you know, win this sliver of the news cycle? How could I try to get this point out there without realizing that the damage that he's doing by get, you know, ingesting all that sugar all the time by pushing all that sugar at the American people, which is actually corrosive and destructive to the United States of America long term. as you said, Ben. He has totally made the United States of America look foolish on the global stage. He has turned us into, you can see all these various countries that you now view, our biggest allies in the past, now view the United States as the single most unreliable ally.

43:19And now, in fact, you are seeing countries that would ordinarily do business with us going to this event out there, and they're looking for partnerships with Asian nations. They're looking for partnerships with nations who they would never normally have such big trade agreements with and big relationships with, because they know that they cannot trust the United States. And as an American, that's a really sad place for us to be in here, to be a country that's looked so down upon by the world. When you see Canadian leaders like Mark Carney, and when you see other leaders being like, all right, you're upset about a commercial, you're going to raise, this is what you're going to do.

43:51We're just going to find other friends, okay? We're going to go to other place we we don't need you guys and so we're just going to bounce all right well good luck we'll see you later that's what i talk about when he's just such a global embarrassment as president it it's the lasting impact of what this is going to do on this country as far as like can people trust our leadership going forward you know i spoke last episode about like the prestige around the office and and what that used to mean and brett you gave the great analogy when you were growing up folks were like hey when you grow up you could be anything you want in this world.

44:20You work hard, you go to school, you be a good person. You one day could be president of the United States of America. I look at that and I hear that now. I'm like, that's a silly position. It's an unserious position. And it's frankly like, I'm upset that I even have to say that because it is a very serious position as we all know. But what Donald Trump has made that office into and the entire cabinet and this entire MAGA regime has done is irreparable harm to to the status of that once you know very powerful and prestigious office

44:56MeidasTouch Brothers:yeah i want to contrast donald trump's rantings and ravings in malaysia and on the plane heading to japan to prime minister carney and read exactly what you said prime minister carney saying you know the rules-based order that used to exist is no longer here sure there will still be trading with the United States. We're their neighbor, but we can't be reliant on that. What used to be our strength, the interconnectedness is now a weakness. So we need to look elsewhere, which is what we're doing right now. And so fundamentally, the global order is shifting and what Trump hands on or hands off to the future is going to be a much weaker, much more isolated, long-term proposition for what the United States once was.

45:44MeidasTouch Brothers:We'll talk about that and we'll take our last quick break of the show. A reminder, make sure you subscribe to the YouTube channel. And if you could become a paid member, that would be great. And gift paid memberships to others by clicking the join button so others can access the exclusive bonus features, the emojis, the exclusive podcast I do with Ron Filipkowski. We'll be back home stretch. Let's contrast Prime Minister Carney to Donald Trump. We'll talk about Trump talking about getting an MRI, which we knew when advanced imaging, that's what I've been calling out. I said he clearly had an MRI.

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49:39Let's go. Shout out to our sponsors. Links in description of both the YouTube and the audio. Click the links, use the codes. If there's an exit survey, let them know we sent you real quick. I saw a comment the other day was like, hey, I miss when Jordy says shout out to our sponsors. It was a real comment. And so to that commenter, one, I've read your comment. And two, I'm going to bring that back to the pod now because I didn't know you liked it. So I'll bring it back. Penji. For the people who say we don't read the comments. I read everything. I read everything. I don't know how good that is for my mental health, but I read everything.

50:08Probably not great, but we see what you're saying right now. Careful out there.

50:11MeidasTouch Brothers:I want to show the contrast between Trump and Carney right now, and I cannot be more stark. I mean, you've got Donald Trump, a lifelong fraud, a bankrupt or sexual abuser. He's a felon. And you contrast that with Prime Minister Carney, someone who led the Bank of Canada during the Great Recession, who led the Bank of England during Brexit. Somebody who's just been one of the most brilliant economists, if not the most brilliant economist in the world, especially right now, for sure, leading Canada very strategically and methodically. So on the one hand, you have Donald Trump talking about that he got an MRI done on his last doctor's visit on October 10th, and it was the best MRI anybody's ever had, the greatest MRI ever.

51:00MeidasTouch Brothers:It was a perfect, a perfect MRI, which he says, very normal, getting MRIs all the time like this. Okay, here, play this clip. Walter Reed mentioned advanced medical imaging. Did you get an MRI? Can you tell us what that was? I got an MRI. It was perfect. I mean, I gave you I gave you the full results. We had an MRI and in the machine, you know, the whole thing. And it was perfect. You know, the machine, the whole thing. It was perfect. The best MRI, perfect MRI, the best MRI anyone's ever seen. Incredible. Ben, we were talking about it. The crazy thing is, like, I remember your reporting very clearly from this time where you read through that ridiculous doctor's note that they had given after he did this.

51:42by the way, this follow-up appointment. And if you remember, they lied about this appointment and they're like, oh, he's Donald Trump's just going to his annual checkup at Walter Reed Medical. And we're like, his annual checkup? He had an annual checkup like three months ago. In April, you don't have annual checkups every few months. He's probably going for a follow-up, like it must be a follow-up appointment for something. And then pretty quickly we were like, well, what are the things that they cannot do at the White House that they can only do in these facilities. One of the things are MRIs.

52:09And so you suggested reading through the language that they put, and they put it in kind of, you know, different terms, that I think Donald Trump got an MRI for something, which isn't exactly a normal thing that you just do. And I think it's interesting now, you know, a few weeks later, he himself is confirming that he did this MRI. And just all day on the, you know, on this flight, he just kept going back to these tests for cognitive abilities, which are designed to test if you're experiencing symptoms of dementia. And he kept going back to those dementia tests over and over and over again, clearly thinking about his cognitive abilities and the exams that he had to undergo in this follow-up appointment at Walter Reed.

52:49I think it's very revealing the fact that he's bringing this up and the fact that he had these checkups at the hospital. I think it's very revealing for many reasons. But the main reason for me is he wouldn't confirm something like this and say it so specifically the way he phrased it, if not for the fact that he is likely going to be getting more of these and making more trips there. So I'm speculating there, but I think with reasonable thoughts, you can come to that same conclusion there. And also, again, taking us back to where we just left off before we cut to commercial. I got the best MRI, I did the greatest MRI.

53:29What are we doing here?

53:30MeidasTouch Brothers:What are we doing here, folks? And he says that he took another cognitive, to Brett's point, another cognitive exam. He said back in April, he took a cognitive exam at that time. Now he takes another cognitive exam and he's apparently taking this cognitive exam all the time. Yeah. This is not an exam. Taking these exams so often. Take these exams. Like why do you keep taking cognitive exams? Like you wake up, you brush your teeth, you take a cognitive exam, you have your breakfast. That's just, it seems to be his daily routine. He thinks that cognitive exams also, he thinks they are IQ tests. Like if you listen to the way he speaks about them, he thinks they are IQ.

54:07I'm serious. Listen to the way he talks. And he's like, I aced it. And it's actually, you know, they say it's a cognitive exam, but actually it measures much more than that. An AOC wouldn't be able to pass this test. I mean, listen to what he said here. Watch this. They have Jasmine Crockett, a low IQ person. They have AOC's low IQ. If you give her an IQ test, have her pass, like, the exams that I decided to take when I was at Walter Reed. I took, those are very hard, they're really aptitude tests, I guess, in a certain way, but they're cognitive tests. Let AOC go against Trump. Let Jasmine go against Trump.

54:46I don't think Jasmine, the first couple of questions are easy. A tiger, an elephant, a giraffe, you know. when you get up to about five or six, and then when you get up to 10 and 20 and 25. They're not hard. They're not supposed to be apt. They're not aptitude tests. They're not IQ tests. They're not supposed to be particularly challenging. They're supposed to really like measure if you have like sentient life. Like he thinks he's taking the SATs. Going out there, taking the SATs. I like when he names the animals, a giraffe, a lion, an elephant. They started easy when they make you identify that elephant, But then they throw some numbers in there and they go, what's the line?

55:24MeidasTouch Brothers:And sometimes I can't tell if the line is actually a dress. Yeah, like it's a confusing one. Is that line truly a line or is it a jaguar? Like these, this gets really intense right here. Contrast that to Prime Minister Carney. Just just play any one of it. I think the first is just to get across the scale of ambition in Canada right now. We intend over the course, I can, the course of food security, we mentioned food security, Ken Seitz is your one-stop shop for food security with Nutrien globally. And that's actually not an exaggeration. It happens to be true. There you go. First boast of the evening.

56:07Secondly, it's enormous, enormous food. I'm just warming up for my American level of boasting. We are going to double our non-US exports over the course of the next 10 years. We think we can do it in a much shorter period of time. That's 300 billion of additional exports. Most of that is going to come from Asia in our view. And I'm going to justify that in a second. But on top of this, and I just underscore this because this is a two-way relationship, our expectation coming out of the budget is that we're laying out a path for at least half a trillion dollars of additional investment in Canada in the next five years.

56:46Additional. Not total. Additional. And that's U.S. So these are orders of magnitude that start to be relevant. Areas, both in terms of the two-way trade and the domestic investment. We're basically going to build out the infrastructure to help drive energy, energy corridors, both clean and conventional trade corridors, new port infrastructure and others. But from from LNG, where we're putting ourselves on a path to at least 50 million tons by the end of this decade, but double that by 2040, potentially more is easily done.

57:22MeidasTouch Brothers:Remember when we used to have former President Barack Obama represent the country and speak like that on the world stage? Do you remember that? Like, I wanted to show that clip to you. There's so many more clips of Prime Minister Carney. Here's the problem, Ben. I have no idea his thoughts on escalators. Is he taking a cognitive exam? Has he taken it into dementia test? Does he even know what an elephant is? So, like, you know, I just don't know. I don't know. I don't know either. Here's Treasury Secretary Scott Besant while in Asia saying that he's a soybean farmer. Let's play this clip. I did mean the second term.

57:58I know they have met before. The president has also said he does want our farmers to be taken care of. You did mention that China has been boycotting American soybeans and American farmers have really suffered. Do you see a real light at the end of the tunnel there? They may allow soybeans again. Well, Martha, in case you don't know it, I'm actually a soybean farmer. So I have felt this pain too. And there are a couple of things happening here. One, the Chinese have substantially dropped their purchases to almost zero. So they unfortunately have been using American farmers who are amongst President Trump's biggest supporters.

58:40MeidasTouch Brothers:I'm a soybean farmer. He's a soybean farmer because he's a billionaire, almost a billionaire. I'm sure he'll be a billionaire very soon under the Trump regime while Americans are suffering. And he owns thousands of acres in North Dakota that he rents out to all different types of farmers, including soybean farmers. So that's like if you rented your house out to somebody and they were an accountant, you're like, I'm an accountant also because they're doing accounting work in their house. or like if you're the landlord of a building, I am actually a law firm and I'm an accounting firm and I am an investment banking firm.

59:17MeidasTouch Brothers:You know, everyone that's, you're not a - Speaking of houses and renting out houses, let's take a look at Scott Besson's house, which he modeled after the Barbie Dream House. This is a real image that's overlying over us right now. Those are two different houses. That was his old house. Those are two different houses. Okay. The old house is the South Carolina mansion, which is based after Barbie's pink dream house, Malibu mansion. The other one's his home in DC right now for$12.5 million. But he's a soybean farmer, just like the rest of you. He's worth over$500 million, people. There's a genre in this Trump administration, I think, of billionaires and Deca millionaires, 100 millionaires, trying to act like they understand the plight of working people and that they are feeling the pain.

1:00:01I'm feeling the pain too. You're worth over$500 million. dollars they just love cosplaying i mean look at christy gnome for example every every time she's a firefighter she's she's an army person she she has she's doctor she dresses up in all these outfits like and she they love to just cosplay it there's no doubt i want to show this as well though

1:00:20MeidasTouch Brothers:um this is jordy this must be cathartic for you uh ruben gallego senator from arizona democrat on with Joe Kiernan and Kiernan tries to do the Trump propaganda. Republicans just don't want to get blackmailed. That's what's going on. And then watch what Senator Gallego does here. It's brilliant. Let's play. Republicans are refusing to be blackmailed and held hostage into what Democrats want. Mike Johnson doesn't need to do anything. Democrats, that's what I want 24 million Americans. I want 24 million Americans to have insurance. We're finished. Healthy and affordable insurance. I appreciate it.

1:01:02You too. Have a good one. Okay. Have you back.

1:01:05MeidasTouch Brothers:Let's go. Have me back. Jordy, that was the moment you were waiting for. There's so many more clips there that I'll show in other videos, but it all basically went down like that with Kiernan, who's supposed to be a financial host, right? He's supposed to take a step back, be objective about the financial data. This is CNBC. It's not supposed to be Fox fake news, right? And he's out there pushing Republican talking points for Donald Trump. And finally, you have a Democratic senator say, look, we're just fighting for the healthcare 24 million. And by the way, it's like, to me, it's like one point, if you have like conservative beliefs and that informs your reporting, okay?

1:01:43Like I could let that pass, but like Kernan is just a straight up MAGA propagandist who isn't even basing anything he says on facts. He's just like following the Trump MAGA line with everything on a business network where people are supposed to be getting their business news so they could react appropriately to markets and actually be prepared for various market conditions and whatnot. I'm glad that Ruben Gallegas was just like, dude, shut the fuck up. Shut the hell up. Jordy, how does that make you feel? It makes me feel good. A guy who obviously listens to the Midas Tech podcast and he's obviously a Jordy fan and knows that how frustrated I am with this damn channel.

1:02:17And I think we're getting some justice here that we could finally discuss the NBC without me getting made fun of. But Ben and Brett, to your points exactly, I'm so glad your eyes are now open to this. This is a MAGA light channel. Joe Kernan is a MAGA puppet who just spews MAGA talking points because he, in my theory, I'm theorizing here, has tons of money in the market. And he loves the way that Donald Trump is taking the market and manipulating it in this. And who has the microphone over at CNBC? Joe Kernan has the microphone over there. And I was watching the other day, you know, because I watch all the time, angry at my TV watching this show, because it's for people, in my opinion that are politically adjacent and like aren't super tuned in with everything that's going on but just want updates on the market but the channel has turned in to this MAGA arm the arm of the Trump regime that literally just spews his talking points and it it it it takes away legitimate information that people could be getting about uh the market and the economy to help inform their opinions in a better way and so when Kernan is up there doing that whole shtick it's confusing americans at large because what he does is he put he is he puts on a good um a senator ruben gallego and and gets him on there and asks about it and hopes that he stumbles and falters and so kerning could then press him with the maga talking points to put that out there see look it's the democrats they don't want you back in the it's all the democrats fault and the biggest joke about kernan here too is sorkin who's on the network who's actually a bit better uh one of their good host i i have to say when he tries to push back on republicans and the mega arm that comes on and rightfully so he he asked them like good questions kerning gets so in his own feelings about it and make sorkin just stop talking and then it's to me that's like okay you now you actually i know you don't care i know you don't care about the legitimate information out there that the american people actually want and you just want to use your microphone and your network kernan to just spew the maggot talking points we should we should get surkin on i think that would be funny yes and we should here here here here here's what i want to say though about that too like you know i know you see you implied a little bit you know that this first off it's i think it's hilarious that this has become uh an ongoing uh joke or so to speak of this podcast is that jordy h john kernan with a fiery burning passion and what we hate watches squawk box every morning I still don't know why.

1:04:40Jordi, it's raising your blood pressure. It's going to just be careful out there, okay? But I just want to say this isn't just within the Trump administration, that this has been going back because you know who used to be a frequent guest on none other than CNBC's Squawk Box? Larry Kudlow, who works for the Trump administration now. So this goes way back is my point. It's not just a new creation. But I think that's one of the things that I think we have to realize and that people when if you want to be media savvy need to realize is that these companies like a CNBC, they're owned by mega conglomerate corporations like Comcast, right?

1:05:16They're owned by the biggest corporations that have incentives to protect the wealthiest people. These aren't great people who run these corporations. And so when you see that there is a business channel that's owned by these mega conglomerates, who do you think they are going to be reporting in the best interest of? The working people who are trying to put food on the table for their family? The people who are concerned about their SNAP benefits? Or are they trying to do whatever they can to elevate the bottom line of their owners who paid billions and billions and billions of dollars to keep these networks going?

1:05:52I mean, I think you really have to look at it like that. And then it makes all the sense as to why does CNBC have this Joe Kerning guy there? Why did they uplift a guy like Larry Kudlow? Why are they pushing all of this bullshit? Why do they buy into Trump's fake trade deals? Because they are pushing the line that is best going to help the billionaire class. That's just what's happening every single time. They make a lot more money doing that than they would helping the person who is terrified that they're not going to be able to pay for their groceries.

1:06:18MeidasTouch Brothers:I think that's an important theme of this episode and part of the mission that we have here at the Midas Touch Network is to deconstruct and reconstruct with facts what's really going on there and that's our mission each and every day and it's an honor and a privilege to be able to fight by your side shoulder to shoulder bringing the receipts and the accurate news i want to thank everybody for watching a reminder subscribe to our youtube channel subscribe on audio as well wherever you get your audio podcast please make sure you subscribe there as well and leave a five-star review to our audio listeners subscribe on youtube become a member of our youtube channel by clicking the join button and you can gift as many youtube memberships to others who may not be able to afford the membership we're grateful for you thank you for everything and we'll keep fighting and keep checking back on our youtube channel every 90 minutes for new content as always jordy take it away shout out to the minus mighty

1:07:29We will get it right whenever...

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