Trump Has Unhinged Meltdown in Oval as Approval Plummets

22 Oct 2025 · 23 min · 8 chapters

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In short

The episode is a political rant alleging Donald Trump is lying and behaving erratically amid plummeting approval.

Key claims

Trump falsely says grocery, gas, energy prices and inflation are down; he claims tariff “money” totals hundreds of billions from the EU/Japan/South Korea, and suggests distributions from it; he refuses to negotiate with Democrats unless the government is opened; he predicts a shutdown through year-end and into next year; he discusses seeking DOJ compensation for 2020-election-related investigations; he’s tearing down the White House East Wing and building a “golden ballroom” and a self-promoting “Arc to Trump.”

Notable examples

signed “sticky” Bibles at an Oval Office meeting with Fortune 500 CEOs (Adobe, IBM); claims about drug prices down 600–900%; George Santos commutation; Canada-China diplomatic rapprochement.

Guests

none mentioned in the transcript.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

Trump's Approval Ratings Plummet

0:30 to 0:52

Examine the latest approval ratings of Donald Trump and their implications.

“HomeServe is an easy way to handle unexpected home repairs.”

Trump's Approval Ratings Plummet

1:54 to 3:38

Examine the latest approval ratings of Donald Trump and their implications.

“Donald Trump's approval is just absolutely crashing.”

Bizarre Oval Office Meeting

3:38 to 6:12

Discussion of Trump's odd behavior during a meeting in the Oval Office.

“We have a real stiff at the Federal Reserve.”

The Refusal to Negotiate

6:12 to 7:26

Analysis of Trump's refusal to engage with Democratic leaders during the shutdown.

“Let's do it with the camera so we can just show the American people and we can be transparent about it.”

Predictions of Chaos and Shutdown

7:26 to 13:08

Forecasts about the implications of a government shutdown under Trump's administration.

“They go, we don't even want to talk to the other side.”

Trump's Claims of Compensation

13:08 to 14:00

Discussion about Trump's claims regarding compensation from the Justice Department.

“So you're going to force a settlement where the federal government pays you$250 million dollars.”

Trump's Claims on Compensation and Investigations

14:00 to 16:46

Discussion about Trump's claims regarding compensation from federal investigations and his perspective on the 2020 election.

“Are you asking the justice department to pay you compensation for your federal, the federal, federal investigations into you, are you asking them to pay compensation?”

Critique of Trump's Actions and Policies

16:46 to 20:56

A critical analysis of Trump's financial decisions, including his spending and its implications for the U.S.

“Donald Trump is also talking about building a triumphal arch, an arc de Trump to honor himself with an arch.”
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Transcript

Automatic transcript. May contain errors.

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1:54Ben Meiselas:Donald Trump's approval is just absolutely crashing. Last week, it was net negative 11. Now it's net negative 17. And when you look at the cross tabs, like his approval amongst 18 to 29 year olds, it was once plus five heading right out of the election. Now it's negative 39. So So basically a net negative 45 point swing heading to like a negative 50 point swing. So what's Donald Trump doing with all of this horrible data that he's getting? I'll go through more of the cross tabs in just a moment. Donald Trump went to the Oval Office as the White House is being decimated, as the East wing is being bulldozed to the ground.

2:40Ben Meiselas:And Donald Trump starts signing Bibles in a bizarre meeting with business leaders. And these are the Bibles that he sells for like$60 on a website, these sticky Bibles. And he holds up like the signed Bibles. And he's like, I am declaring that grocery prices are way down. I have defeated inflation. And you have these business leaders there from like Fortune 500 companies like Adobe and IBM and others. And they're like going along with this also, because I think all these business leaders have sold out to people. All these right-wing oligarchs have sold out to people. But watch what he does in the Oval Office.

3:23Ben Meiselas:Sign Bible by his side. He goes, grocery prices are way down when we all know that's false, especially the 18 to 29 year olds who are now like net negative 40 on Donald Trump. Know that everything this guy says is a lie. Here, play this clip. Gasoline prices are way down. Grocery prices are way down. Energy prices are way down. Mortgage rates are down. We have a real stiff at the Federal Reserve. I can't help them, but he's going to be leaving soon. And inflation has been defeated. But even though his rates are too high, the economy has been amazing. And then during this bizarre meeting, he says that, you know, the way we're going to help all the people who are suffering, all the people who are going bankrupt, the farmers who are going bankrupt, construction workers, manufacturers who are in a great recession, auto manufacturers who are getting decimated, Americans who can't survive right now, who are being psychologically tortured, living paycheck to paycheck.

4:24Trump's like, I think we'll maybe give some of these people a distribution from all of the tariff money we're getting in. We've brought in$650 billion from the European Union,$550 billion from Japan,$350 billion from South Korea. No, we haven't, Donald. You've not brought in any of this. These countries have said they're not giving you this money. This is yet another fake deal. You're making this up the same way you claim you've brought in$17 trillion and you say that you're going to bring in$20 trillion. Quite literally, all a fugazi, all a fake, all a lie. There's no aspect of it that's true.

5:04We're still having record-setting deficits. The deficit has increased right now more under Donald Trump year over year than it did under former President Biden. Our debt is surging under Donald Trump. So if we're taking in all of this money, shouldn't we have a surplus? Well, Donald Trump's lying about everything. But here's what he says in the Oval Office. Play the clip. We'll start paying off debt. We'll do a lot of things. We'll probably make a distribution out of some of the tariff money. I think we're going to make a distribution over the next fairly short period of time to people because we took in so much money from the tariffs.

5:42Just European Union,$650 billion. dollars. Japan,$550 billion. South Korea,$350 billion. That's even a lot of money for you guys, right? That's not bad, right?

5:55Ben Meiselas:And then Donald Trump says, I will only, this is, so one of the people in the press said, so will you even speak with Schumer? Will you even speak with leader Jeffries? Remember where Schumer and Jeffries were first saying, we'll meet with you anytime, any place. Let's do it with the camera so we can just show the American people and we can be transparent about it. Right. Schumer said that first on the Midas Touch Network. You remember my interview with him, Leader Jeffries, who the leader of the Democrats in the House, he said it on the Midas Touch first. They said, let's go. Let's talk about these issues.

6:30Let's talk about the Affordable Care Act subsidies. Let's talk about how we can improve health care. Let's talk about how we can get out of this Trump and MAGA Republican cause government shutdown. So the reporter asked Donald Trump, so will you meet with the Democratic leaders and negotiate? And Donald Trump says no. He goes, until they sign onto the dirty, the very dirty continuing resolution, which would take away health care from 20 million plus Americans. He goes, until they do that, I'm not even going to talk to the Democrats. I want you to listen to Donald Trump in his own words. This is a very important clip where Trump says he's not even talking.

7:12I just want you to think about that. Refusing to speak with the other side. Now, recall fifth grade government class. Our entire system of government depends on the parties talking to each other. So what happens when one party, in this case, the MAGA Republicans, just go full fascist? They go, we don't even want to talk to the other side. That's what we're seeing here. Here, play this clip. reached out to you about meeting on the government shutdown. Will you meet with him before you leave for Asia on Friday? Well, I will actually. I'd love to meet with him. I just want them to open up the country first.

7:46You know, the country is so hot right now and they've never voted against, you know, continuation. They've never voted again. They've never done that. They're doing this because they have Trump derangement syndrome. But I will I would love to meet. I would like to I should meet with both of them, but I set one little caveat. I will only meet if they let the country open. They have to let the country open. The people want to go back to work. They want to be served. They want to, they need the services of some people. And a lot of people need the money, the payroll. So I'll do it as soon as they open up the country.

8:21I'd like to meet. So you won't meet with them until the government's open? The government has to be open, yeah. And then he just goes on to lie and lie. And he says, I'm bringing down prices. Drug prices are down 600%, 700%, 900%. You can bring down prices 900%. That would mean the pharmaceutical companies are paying people money. That means if I bought whatever the drug is for$1, the pharmaceutical company is going to pay me$900? Yeah, no, I don't think so. Here, play this clip. And now I'm bringing prices down 600 percent, 700 percent, 900 percent, 200 percent. So I can't believe I actually had a news conference to celebrate.

9:07Then Donald Trump tries to justify that he's tearing down the east wing of the White House. He has bulldozers, as you know, just destroying the White House. And the way he tries to justify it, how do you think he's going to do it? By attacking Obama and says the problem is Obama's building his library with women and DEI. He's doing it with women and DEI, that Obama. The hell are you talking? Women and DEI? Dude, what are you doing? And do we all recognize how, in my opinion, tell me if you agree, how traitorous, how treasonous, how despicable it is that they've destroyed and desecrated the White House, that they rammed into the freaking East wing with bulldozers like i can't even believe i'm saying that in a sentence here play this clip you're building your ballroom right now they're also building the obama presidential library i'm wondering if you've seen pictures of the architecture and yeah i did it's not too pretty no but it's it's close it stopped they ran out of money i mean he's building a library slash museum you know you call it some museum some and usually they call it they call it library and museum that's the official name and uh they're stuck and he wanted only women in dei to build it well that's what they got and the construction workers are standing out there and saying we want to be able to build it you know you have great i built a great building in chicago as you know a big beautiful building one of the tallest buildings in the country and we got it built very quickly very well and we use the construction workers of chicago they're great workers they're great construction people.

10:52And I suggest that you get them involved. But they're hundreds of millions of dollars over budget. And I think it stopped at reading these terrible stories. But that's the way our country was run under President Obama, too. Nobody knew it. Then Donald Trump says, why would I negotiate with Democrats?

11:13Ben Meiselas:They lost the last negotiation. They lost because the what Trump calls the big, beautiful bill, what I call the disastrous budget bill. Trump's like, the Republicans pushed that forward, so Democrats lost, so I never have to negotiate with Democrats again. No. The way our system works is, if you want to fund the government and you don't control 60 seats in the Senate, you have to speak to the other side. Except if you're Donald Trump and the MAGA Republicans who refuse to talk, who are going to cause the longest shutdown in the history. I predict that this shutdown will last through the end of the year.

11:52Easy. And I think this shutdown could go into next year. Play this clip. How long do you think this could go? What they're doing is saying they lost the negotiation when we got the great big beautiful deal done. They lost that negotiation. Now they're saying, well, we want to get some of the things we lost. But the problem is the things they lost are very bad for our country.

12:14Ben Meiselas:And if you go, well, then Ben, when do you think the shutdown's going to end? Well, I think as Americans start to get the letters, which they're already getting from insurance companies saying, because the Affordable Care Act subsidies have been eliminated, your monthly premiums will be going up and now will cost you$2 ,000,$3 ,000 a month. And Americans will say, we can't afford that. We're going to lose our health care. Then they're going to demand action. And then I think Trump's still going to refuse to do anything. he's going to compound the situation and make it worse. I think he then compels the MAGA Republicans in the Senate to kill the filibuster and to then try to stop the shutdown by killing the filibuster.

13:00Ben Meiselas:And it's just going to cause mass chaos and pandemonium in the United States. That's what I predict is going to happen. And I've been pretty spot on in my predictions thus far. Then a reporter asked Donald Trump. So there's been lots of reporting out there now that you intend to reach a settlement with yourself to have the Department of Justice pay you$230,$250 million because you claim that the 2020 election was rigged and you claim you deserve all of this money for all the government investigations into your crimes. So you're going to force a settlement where the federal government pays you$250 million dollars.

13:44Ben Meiselas:And then Donald Trump's like, I don't know what the exact number is. I don't, I don't know what it is, but I guess we'll see here. Play this clip. I'm asking the justice department to look into the federal investigations into you and look for compensation. And how much are you asking for? Um, who's asking for what? Are you asking the justice department to pay you compensation for your federal, the federal, federal investigations into you, are you asking them to pay compensation? And how much? Into me? I don't get any compensation. I do it for nothing. I gave up my salary. Into me? No, it's going to be the Justice Department.

14:21Are you asking them to pay you compensation for the federal investigations that happened to you? And how much are you asking for? Well, I guess they probably owe me a lot of money for that. Probably. Yes, it's true. That's very interesting. No, I get no salary. I gave up my salary. It's a good salary. not as much as these guys make but that's okay it's a lot of money and I don't as you know I didn't take it in the first four years I've not taken it in these four years either but as far as all of the litigation everything that's going about yeah they probably owe me a lot of money but if I get money from our country I'll do something nice with it like give it to charity or give it to the White House where we restore the White House and we're doing a great job in As you know, the ballroom is under construction.

15:08They've been trying to get it for 150 years. It's really, I think it's going to be fantastic. But we'll see what happens. We have numerous cases having to do with the fraud of the election, the 2020 election. Because of everything that we found out, I guess they owe me a lot of money. But I'm not looking for money. I'm looking for really, I think it's got to be handled in a proper way. If it's not handled in a proper way, we don't want it to happen again. We can never let what happened in the 2020 election happen again. We just can't let that happen. And so the way we go, I know Kashia's working on it.

15:47Everybody's working on it. And certainly Tulsi's working on it. We can't let that happen again to our country. Look at what's happened where you have millions of people being allowed to come into our country. Well, because of a crooked election.

16:01Ben Meiselas:So I just want to take a step back for a second and let's understand this. Our government is shut down. Americans are living paycheck to paycheck and suffering. Things are far less affordable right now than they were a year ago. We all know that to be the case. Inflation is surging, right? People's health care is being ripped away. We know that. Undisputed facts that that's taking place. So Donald Trump is giving a$40 billion bailout to Argentina because they have a MAGA puppet leader there, Javier Malay, and we're trying to interfere with the elections there. We're just basically incinerating$40 billion there.

16:36Ben Meiselas:You have Donald Trump building a golden ballroom and ripping down the East Wing of the White House with money that apparently comes from businesses, but who the hell knows where the money's even really coming from. There's zero transparency. Is it coming from foreign governments? Like, what the hell is happening? Donald Trump is also talking about building a triumphal arch, an arc de Trump to honor himself with an arch. The way Hitler wanted a triumphal arch to celebrate Germania, right? Germania. Donald Trump wants a triumphal arch to celebrate himself. A reporter asked him about it, just so you can see for yourself the other day.

17:15Ben Meiselas:And Donald Trump says, yeah, it's an arch that he's building for himself. I'll play that clip in just a moment. Trump's talking about UFC fights on the White House lawn. They've ripped apart the Rose Garden. And now he wants to reach settlements with himself for$250 million. He wants to literally steal from our treasury and pay himself$250 million, which he claims is going to go to, we all know what he's going to do with it. Anyway, just here's the clip of Trump talking about the arch that he wants to build for himself after the ballroom he's going arch here play this clip what is this what is this mr president thank you guys for who thanks guys yeah no i know where it is but who's it for you guys the arc to trump and then as i said you have the ceos in the room and it's just so pathetic the adobe ceo here's what he says play this clip and prosperity and investment in this country is just amazing.

18:21And as a company, I think hopefully everybody here is using Photoshop in order to take all these pictures, but I would really like to thank you for your leadership.

18:29Ben Meiselas:Then you have the IBM CEO here. Play this clip right here. How much are you investing IBM? $150 billion over the next five years. $150 billion, that's good. Meanwhile, George Santos, one of the things that Trump did during the shutdown is released. George Santos commuted his sentence. George Santos stole the credit cards of Republican donors and bought himself plastic surgeries and stuff for his home. And he was sentenced to many years in prison, but Trump commuted that sentence. But George Santos says the big issue is Mom Donnie. And because George Santos is worried about the crime that can take place in New York City, it's going to become a dangerous place.

19:12Ben Meiselas:George Santos says he's going to have to leave New York City. As this one account says, Mamdani is already getting the criminals out of New York City. Gianmarco Ceresi says that. Meanwhile, while all of this is taking place, you have Canada's foreign minister meeting with the Chinese foreign minister and China and Canada showing a readiness to mend mutual ties as both nations realize what's happening with the United States recognize that the previous world order has been disintegrated. And as the South China Morning Post talks about a pragmatic shift joining together, I'm going to do a whole other video on Canada this morning.

19:56Ben Meiselas:So watch that video. I'll post that video after this video about, oh, and then Canada took out a 75, Ontario took out a$75 million ad campaign in the United States. They ran it during the American League finals the other night leading up to the World Series. And it's about how tariffs are crushing American people. We know they're crushing American people. And for Trump to say, inflation's gone, we're in a golden age, everything's going great, when the American people know that's false. I mean, this guy is the biggest con artist in the history of the world. And he's destroyed the United States of America.

20:36Ben Meiselas:He's destroyed the White House. He's destroyed America. He's destroyed our power. He's destroyed the wealth of the country. He's bankrupting the country before our eyes. We don't even get the data right now because the Bureau of Labor Statistics is shut down and they're not doing job data. They're not posting inflation data. And then these Ponzi scheme right-wing corporate leaders are all out there without the data enriching themselves and screwing over the people. We know how this story ends, right? We know how this story ends. It's not good. Hit subscribe. Let's get to 6 million. Thanks for watching.

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From the publisher

MeidasTouch host Ben Meiselas reports on Donald Trump’s Oval Office meltdown as his approval hits its lowest point yet and as he has lost all support among young people.

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