Trump in World of Hell as All Plans Backfire

5 Feb 2026 · 21 min · 11 chapters

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The MeidasTouch Podcast: Episode Summary

Episode Title

Trump in World of Hell as All Plans Backfire

Overview In this episode, host Ben Meiselas discusses the various setbacks facing Donald Trump, particularly highlighting how many of his strategies are failing simultaneously. The episode combines humor and serious political analysis, reflecting the brothers' unique style while addressing critical current events.

Key Themes and Discussions

  1. Economic Downturn
  2. Job Market Crisis:
  3. January 2026 saw a surge in layoffs, reaching the highest level since the Great Recession in 2009, with over 108,000 layoffs reported.
  4. A significant decrease in job openings and hiring rates suggests a troubling employment landscape.
  5. A Fox News poll indicates that 72% of Americans view the economy negatively.
  • Trump's Dismissive Attitude:
  • While economic troubles mount, Trump was reported to be at a prayer breakfast claiming everything is "amazing" and echoing false narratives about the rigged 2020 election.
  1. Trump's Public Appearances
  2. Contradictory Messaging:
  3. Trump’s speeches often reveal a disconnect between the harsh economic reality and his claims of success.
  4. During his recent trip to Davos, he acknowledged the negative reactions to his speech, suggesting he was unwelcome.
  • Prayer Breakfast Incident:
  • Trump’s comments at the prayer breakfast included an attack on Democrats, contradicting the event's supposed bipartisan nature.
  1. Crypto Market Collapse
  2. Market Decline:
  3. The cryptocurrency market has lost over $2 trillion in value, with significant implications for investors, including Trump's family company, which is now incurring substantial losses.
  • Poor Investment Decisions:
  • The Meiselas brothers critique Trump’s lack of financial acumen, pointing out the unorthodox approach of buying high and selling low.
  1. Legal and Ethical Implications
  2. Trump's Lawsuit Against the Treasury:
  3. Trump claims he deserves $10 billion due to alleged damages from tax return leaks, a contentious point raised during a Senate hearing.
  • Hillary Clinton's Response:
  • Clinton challenges Trump and his supporters to public hearings concerning allegations related to the Epstein case, implying a lack of transparency from Trump's side.
  1. Political Maneuvering in Virginia
  2. Redistricting Efforts:
  3. Virginia's Democratic leadership is moving forward with a redistricting plan aimed at creating a 10-to-1 map in their favor, countering Trump’s previous gerrymandering efforts.
  • Democratic Resolve:
  • The state leadership emphasizes the importance of fair representation and leveling the playing field against Republican attempts to manipulate electoral outcomes.

Closing Thoughts The episode encapsulates a moment of political upheaval for Donald Trump, characterized by economic struggles, questionable financial decisions, and legal challenges. The Meiselas brothers blend commentary with humor, emphasizing their commitment to democratic values and political accountability.

Call to Action

  • Subscription Encouragement: Listeners are encouraged to subscribe to the MeidasTouch network for regular updates and exclusive content.

Additional Resources

  • For further insights, visit [MeidasTouch](https://www.meidastouch.com) and subscribe to their podcasts for ongoing political discourse and analysis.

---

This summary of the episode provides a structured breakdown of the discussions and key points covered, making it easy for readers to grasp the main ideas presented by the Meiselas brothers.

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 Economic Troubles

2:54 to 4:15

Discussion on troubling economic news affecting Donald Trump.

“Some horrific economic news this morning.”

Trump's Prayer Breakfast Rant

4:15 to 5:44

Analysis of Trump's outlandish comments at a national prayer breakfast.

“saying everything is amazing and saying that the 2020 election was rigged.”

Job Cuts and Economic Impact

5:44 to 7:07

Exploration of job cuts and their implications on the economy.

“that's the company that puts out that data, on the U.S.”

Crypto Market Collapse

7:07 to 7:20

Discussion on the significant drop in cryptocurrency values.

“Most of crypto's value is being wiped out.”

Trump's Prayer Breakfast Commentary

7:20 to 8:21

Trump's comments during the prayer breakfast regarding prayer and politics.

“They've sold over$5 million worth of Bitcoin right now.”

Mutilation Comments and Epstein Files

8:21 to 11:13

Trump's remarks on child mutilation and references to Epstein.

“So I hang around with him because I feel I'm protected a little bit.”

Clinton's Call for Transparency

11:13 to 14:01

Debate over transparency about Epstein in political hearings.

“You have former Secretary of State Hillary Clinton posting the following to Trump and MAGA Republicans like James Comer in the House Oversight Committee.”

Discussion on Legal Matters Regarding Trump

14:01 to 15:10

Exploring the implications of a potential lawsuit involving Trump and the government's handling of it.

“talked to you about this lawsuit in any regard?”

The Risks of Mass Lawsuits

15:11 to 16:15

Analyzing the potential ramifications if multiple individuals sued the government over tax return leaks.

“And you would write the check willingly if you're told by a DOJ to the president.”

Virginia's Redistricting Plan

16:16 to 18:22

Discussing Virginia's new redistricting map aimed at countering gerrymandering efforts.

“Why don't we all sue the government for$10 billion?”
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National Prayer Breakfast Remarks

18:23 to 19:51

Highlighting the opening prayer at the National Prayer Breakfast and its implications for leadership.

“Then I'll share this with you finally at the beginning of the National Prayer Breakfast.”
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Transcript

Automatic transcript. May contain errors.

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2:53Ben Meiselas:It has been a terrible day for Donald Trump. Some horrific economic news this morning. January layoffs surged to a 17-year high. Job reports never have been this bad since the Great Recession right around 2009 when Lehman Brothers went bankrupt. U.S. employers announced 108 ,435 layoffs in January alone. That's up 205 % from December and the highest January total since 2009. As economist Heather Long writes, the US hiring recession shows no sign of ending. Job openings fell to 6.5 million in December, and that is the lowest level since September 2020. The hiring rate remains anemic at 3.3%. Bottom line, firms aren't even thinking about hiring right now.

3:53Ben Meiselas:A new Fox poll that they just published shows that 72 % of Americans feel the economy is in poor or only fair condition. That is not good at all. And Donald Trump was at a national prayer breakfast this morning while all of this was taking place, ranting and raving like a maniac. saying everything is amazing and saying that the 2020 election was rigged. Here, play this clip. And I said, you know, this is a really smart guy. If I ever get this thing, I got to get it. It wasn't easy, you know. They rigged the second election. I had to win it. I had to win it. I needed it for my own ego. I would have had a bad ego for the rest of my life.

4:39Now I really have a big ego.

4:42Ben Meiselas:Beating these lunatics was incredible. Donald Trump was also saying that in his recent trip to Davos, when he gave a speech there, like one of the worst speeches ever, he said, everybody who invited me said, why did we invite this guy here? Play this clip. Sad thing. And I tell it. I went over to Davos. They invited me. And when I left, they said that may have been the stupidest invitation we ever gave to somebody. Switzerland. But they have to. I just say it like it is. They're destroying their country. Their energy is ridiculous, what they've done. And the immigration, I'm telling you, it's a place where many of these countries are not recognizable.

5:25and I'd like to see them straighten it out. Very soon, it's going to be impossible for them to straighten it out.

5:32Ben Meiselas:We have our director of... So you have that as a split screen, Donald Trump ranting and raving at a prayer breakfast, and then you have economists posting things like this. Sobering data, sobering data from Challenger, that's the company that puts out that data, on the U.S. labor market, announced job cuts in January more than double year over year, hitting its highest level since the 2009 Great Recession. Most notably, these layoffs are occurring while GDP is growing at 4%, accelerating the decoupling of employment from economic growth, a phenomenon that if persists has profound economic, political, and social implications, meaning when people talk about the K-shaped growth, which means the billionaires are making lots of money while everybody else is suffering right now.

6:27Ben Meiselas:Also, the crypto market is crashing. Crypto has lost$2 trillion in value since October 2025. The sell-off is deepening. It's been crashing every day. It's like dropped into the 60s. As the Kobayashi letter explains, It's absolutely insane what's going on in the crypto market. On October 6th, crypto markets hit a record high market cap of$4.3 trillion. And today, the crypto market is worth just$2.3 trillion, losing more than$2 trillion worth of market cap in four months. Most of crypto's value is being wiped out. Now, Trump's family company, World Liberty Financial, bought crypto at an all-time high.

7:18Ben Meiselas:They're dumping it right now. They've sold over$5 million worth of Bitcoin right now. I guess they don't understand that you buy low and you sell it high and make a profit. They buy high and then they sell low and they've lost a lot of money on that transaction as well. But that's typical Trumpian logic right there. Yeah, it seems like there's real systemic issues going on. Back to that prayer breakfast for a moment. Donald Trump talks about how when MAGA Mike says, the Speaker of the House says he wants to pray, Donald Trump's like, can we just eat lunch? Let's play this clip. You know, Mike Johnson's a very religious person.

7:59And he does not hide it. He'll say to me sometimes at lunch, sir, may we pray? Say, excuse me? We're having lunch. It's OK with me. But he's a very religious person and he is popular and he's doing an unbelievable job. So I think God is watching over you. God is watching over him. I don't know about me. So I hang around with him because I feel I'm protected a little bit.

8:28Ben Meiselas:Then Donald Trump uses his speech at the prayer breakfast to attack Democrats. And again, I want to show you the split screen stuff. So you have Trump attacking Democrats there. play this clip.

8:50Ben Meiselas:That's supposed to be at a bipartisan prayer breakfast where Donald Trump is doing that. And the split screen is the report from CNN this morning that I, similar to what I'm sharing with you right now about the economic data. Here, play this clip. Breaking just moments ago, new data showing January was the worst month for job cuts since the 2009 Great Recession. CNN senior reporter Matt Egan is joining me now. What else is this report telling you? Yeah, Sarah, look, this is a bad way to start 2026, right? Layoffs way up, hiring way down. So Challenger Gray and Christmas reports that during the month of January, U.S.-based employers announced just over 108 ,000 layoffs.

9:37Now, that is roughly double January of 2025 and roughly triple the end of last year. In fact, Sarah, as you mentioned, this is the highest since January 2009 during the great financial crisis. Of course, that was just months after the collapse of

9:54Ben Meiselas:And again, split screen, right? You had Donald Trump saying that he's never heard about children, mutilation of children. And he goes, that's not even a word I would know about. I stopped mutilation of children. Donald, you have 38 ,000 references to yourself in the Epstein files. They may as well be called the Trump Epstein files. Because you're at a national prayer breakfast, there are more references to Trump in the Epstein files than there is to Jesus in the New Testament than there is to Harry Potter in all seven Harry Potter books. But here's what Donald Trump says about child mutilation.

10:36Ben Meiselas:Here, play this clip. And I stopped the mutilation of children. The mutilation, the word is mutilation. They mutilize, you know, the mutilation of children. I stopped it. Who would think if you said that 15 years ago, they'd say, what the hell Is he crazy? Oh, and also turns out that not only did Melania have a nickname for Ghislaine, Melania called Ghislaine G, but Ghislaine had a nickname for Melania. Sweet P. She called Melania her Sweet P. We have more emails coming out that we've been able to identify from the Epstein files. Sweet P was Melania's nickname. Again, split screen. You have former Secretary of State Hillary Clinton posting the following to Trump and MAGA Republicans like James Comer in the House Oversight Committee.

11:26Ben Meiselas:Former Secretary of State Hillary Clinton says, so let's stop the games. If you want this fight, James Comer, let's have it in public. You love to talk about transparency. There's nothing more transparent than a public hearing. Cameras on. We will be there. For six months, we engaged Republicans on the Oversight Committee in good faith. We told them what we know under oath. They ignored it all. They moved the goalpost and turned accountability into an exercise and distraction. So Hillary Clinton is saying she and former President Bill Clinton, you want to ask us about Epstein? You want to do a whole hearing on that?

12:08Ben Meiselas:Let's do it. Let's do the Epstein hearing. We will be there. Will Donald be there? I don't think so. Will Elon Musk be there? I don't think so. Although a federal judge did order Elon Musk to show up for a deposition in the Doge vicious destruction of USAID, which probably led to millions of deaths. You do realize that, right? I don't want to get lost, that what Doge did is probably kill millions of children around the world by taking away their medicine and taking away their food and starving kids to death and their parents to death as well. We, of course, will be following the hearings with the Clintons as well.

12:49Ben Meiselas:Also, split screens, right? This is all happening this morning. I'll do more fulsome videos on each of these vignettes as well. Well, hat tip to Democratic Senator Gallego of Arizona. He was cross-examining Treasury Secretary Scott Besant about the Treasury Department getting prepared to send Donald Trump a check personally to Donald, paying Donald Trump$10 billion of taxpayer money, of our money, because Trump says that his tax returns were leaked. by the way, with 400 ,000 to 500 ,000 other taxpayers who are not suing. And so Trump says that he's damaged$10 billion and he sued the Treasury Department.

13:39Ben Meiselas:And Besson says, oh, I'd write that check to him. I'm going to write. If Trump's DOJ says write Trump a check for$10 billion, you're stealing our taxpayer dollars? Like we should all be outraged. He's stealing our$10 billion. Here, play this clip. But if the president prevails in this lawsuit, he's going to be able to pocket that money. My question is, is the president, has anyone in the president's office talked to you about this lawsuit in any regard? They have not. And the president has said he will donate the proceeds to charity. You may have missed that. So no one at all has discussed this to you whatsoever.

14:13No, sir. And the president said he will... Have you received... I didn't ask any more questions. Have you received any advice from Treasury's legal division about how to handle this potential conflict? This is a Justice Department matter. they represent treasury in it. Have someone from the Department of Justice actually come and talk to you saying that this is their purview and you need to stay out of it? Or who has discussed to you what is your role in this? Our general counsel, who's sitting behind me, has told me that it is a Justice Department matter. The Justice Department defends treasury in matters like this.

14:44Okay, so it has been discussed with you. Do you have any final say at all in the process of this? Or is the DOJ just going to instruct you to cut a check and or settle and you have no independence to actually make a decision whether or not the president deserves $10 billion. Again, that is a DOJ matter. And so the DOJ will entirely make that decision if whether or not the president should receive$10 billion. You have no say at all. Correct. So you will just have to write the check if you were told to write the check. Correct. And you would write the check willingly if you're told by a DOJ to the president.

15:17I will follow the law, Senator. Sure. Okay. I mean, I think for many of us, this is very simple. And I think if this had been happening in any other countries, it would look like a total shakedown of the American taxpayer.

15:31Ben Meiselas:So one of the things that I proposed as well is, well, let's say there's 40 ,000 other individuals who are subject to a data leak of their tax returns. If all 40 ,000 people sued for$10 billion, that would be over$400 trillion. And then our entire government would go absolutely bankrupt if everybody did the same lawsuit. It's actually more people's tax returns got leaked. It's probably closer to a million people. It was a data breach. Other people aren't suing. But if everybody else sued for$10 billion, do the math. Do a million people suing for$10 billion. Do it as a class action. If Trump's suing for$10 billion, maybe I sue.

16:14Ben Meiselas:Maybe you sue for$10 billion. We all sue the government. Why don't we all sue the government for$10 billion? That would be nice, right? That would be great. Or are they only going to pay it out to Donald? 38 ,000 references to Donald in the Epstein files. I'll leave you with some good news. Let's go to split screen. Let's go to Virginia, where you have their Senate pro tempore, the leader of their Senate, Senator Lucas, along with their Speaker of the House Speaker, Scott, talking about how Virginia is now officially putting forward their 10 to 1 map, redistricting 10 to 1 map in favor of Democrats.

16:56Ben Meiselas:Donald Trump's gerrymander backfiring in his face. Let's play this clip. Give me more seats. Then that's not enough. So he calls North Carolina, Missouri, Ohio. I need more. I need more. Today we are leveling the playing field. These are not ordinary times and Virginia will not sit on the sidelines while it happens. We made a promise to level the playing field and today we're keeping our promise. Our maps are ready. Virginia is ready. We said 10-1 and we meant it. And we are proud to deliver a map that stands up for democracy, to stand up Virginians, to stand up and give us a force. He started this mess and Virginia is going to finish it.

17:33Virginia to the rescue. Senator Lucas said it best. We've been working really hard to make sure that we got this delivered. This is about leveling the playing field. Across the country, Republicans are gerrymandering maps to override the will of the voters. We just saw it in Texas, North Carolina, and Missouri. At Donald Trump's direction, they're manipulating election maps because they know they can't win on their agenda in 2026. So instead of changing their ideas, they're trying to rig the system. A 10-1 map levels the playing field and we're ready to move forward. Then we're making good on our promise by releasing the map publicly.

18:05We're gonna get a release either by the end of the day or early tomorrow. We'll get those maps released and putting them out in the open and allowing them to be debated the way they should be in a democracy. We're gonna leave it up to Virginia voters. The maps are ready. Virginia is ready. And that's what Senator said many times. 10-1. 10-1. Thank y 'all. Appreciate it. Before 5 o 'clock?

18:27Ben Meiselas:I don't know. Then I'll share this with you finally at the beginning of the National Prayer Breakfast. Democratic Congress member Jonathan Jackson gave the opening speech. Watch this. Let's play it. Today we pray for the future of this nation and that you would lead this president into greater levels of compassion for your namesake. We pray that you would protect him from the iniquities of evil and that you would give him greater clarity, greater courage, and greater capacity to do what is right in the forever challenges. Today, we remind him that the lives of millions of people are in his hands, and that he has the power to turn mourning into dancing, or to reduce the country into a cosmic elegy of chaos and suffering.

19:13And it is because of this that we pray that the best of this president would rise among us. For the sake of this nation, for the sake of this world, we pray that goodness and mercy would announce themselves in his life in new and powerful ways. We pray that he would be mindful of the poor and that he would be invested in the elevation, the alleviation of suffering happening on farms in the Midwest, in the families preparing to bury their loved ones in Minneapolis. Remind him that we are all Americans, all made in the image of God, and that none of us are free unless all of us have our freedoms protected.

19:51Ben Meiselas:mini-p. There you have it, folks. Let me know what you all think about that. Hit subscribe. Let's get to 6 million subscribers. Want to stay plugged in? Become a subscriber to our sub stack 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.

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From the publisher

MeidasTouch host Ben Meiselas reports on Donald Trump being in a world of hell as all his plans are backfiring and converging at the worst time for him.

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