Trump Panics as Monday Outlook Is Catastrophic

11 May 2026 · 19 min · 8 chapters

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In short

The episode argues that Donald Trump is “panicking” ahead of midterms and that the rest of his term will be “catastrophic.”

Key claims

Trump’s proxies use fear tactics (citing Tom Homan repeatedly using words like “rape,” “murder,” and “homicide”); Trump wants to pause the federal gas tax (0.18) because gas will rise above $5; Iran has “checkmated” Trump after rejecting his demands; Trump proposes making Venezuela the 51st state for its “$40 trillion” oil. The host contrasts this with CEOs saying Americans are running out of money (Kraft Heinz CEO Steve Callahan), gas hits low-income consumers (McDonald’s CEO Christopher Kambinsky), and appliances/consumer demand are weakening (Whirlpool CEO Mark Blitzer; Costco CFO on shifting from beef to chicken/tuna). Notable examples include Iran’s Strait of Hormuz standoff, Trump’s Netanyahu call, and a claimed failed Ukraine ceasefire tied to prisoner exchanges.

Guests

none named as interview guests; the episode references public figures (Tom Homan, Nancy Cordes, Kevin Hassett, James Comer, EU’s Kaja Kallas, and CEOs Callahan, Kambinsky, Blitzer).

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 Catastrophic Outlook

1:23 to 1:53

Discussion on the dire outlook for Trump and the midterms.

“This message reflects one person's experience.”

Trump's Panic Tactics

1:53 to 3:40

Analyzing Trump's media strategy and response to criticism.

“The outlook on the midterms is catastrophic.”

Economic Concerns and Gas Prices

3:40 to 5:46

Examining Trump's statements on gas prices and economic policy.

“The fact that he's saying that tells you that we know that gas is about to get much higher.”

Consumer Struggles Amid Economic Decline

5:46 to 7:42

Insights into how rising prices are affecting American consumers.

“are bringing in 18 to 21 trillion dollars.”

Trump's Oversight Committee Criticism

10:07 to 12:20

Critique of Trump's oversight committee and its members' actions.

“And then you had to make matters even worse.”

International Relations and Trump's Diplomacy

12:20 to 14:01

Discussion on Trump's foreign relations, including Iran and Ukraine.

“Were we the ones who launched a military campaign against America thousands of miles away?”

The Weakness of Trump in Ukraine Negotiations

14:01 to 15:48

Learn about Trump's perceived weakness in negotiations related to Ukraine and Russia.

“But Russia hasn't released a thousand Ukrainian prisoners.”

Anticipation of Trump's Press Conference

15:49 to 15:59

Stay informed about Trump's upcoming press conference and its expected chaos.

Hear the part that matters, and keep it.Open this episode in VO. Double tap your headphones to save a moment as you listen.
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Transcript

Automatic transcript. May contain errors.

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1:23That's GoFundMe.com. GoFundMe.com. This message reflects one person's experience.

1:53Ben Meiselas:The outlook on the midterms is catastrophic. The outlook on the remainder of Donald Trump's term, it's falling apart. It is catastrophic. And Donald Trump is panicking this morning. He's sending out his various proxy stooges to do state regime TV and make other media appearances where they're out there just spewing vile nonsense, trying to scare the American people. For example, he had Tom Homan literally for two minutes straight, just like use the word like rape and murder and just started repeating it over and over and over again to try to scare the American people. Let me show you what Homan did moments ago.

2:27Ben Meiselas:And then let me show you what Donald Trump is saying that he's going to be doing as he's continuing to panic as gas price. For example, as gas prices are spiraling out of control, Donald Trump's making calls to different media outlets saying that he wants to pause the federal gas tax for a period of time, folks, which tells us things are going to get far worse this summer. But first, let me show you what Tom Homan said. Here, play this clip. Homicide, sexual assault, sexual assault, sexual assault, rape, sexual assault, rape, rape, rape, sexual assault, homicide, rape, homicide, sexual assault, homicide, rape, sexual assault, kidnapping, sexual assault, rape, homicide, homicide.

3:05Ben Meiselas:I mean, right, that's where they're going before the midterms to try to scare us, that an authoritarian is needed to deal with all of that. That's right out of the playbook of authoritarians. Now, Donald Trump's revealing how scared he actually is through his actions. He's calling all these media outlets this morning. For example, he called CBS, and in a phone interview, Donald Trump told Nancy Cordes that he wants to pause the$0.18 federal gas tax, quote, for a period of time. I think it's a great idea. He said, yep, we're going to take off the gas tax for a period of time. And then when gas goes down, well, then we'll let it phase back in.

3:41Ben Meiselas:The fact that he's saying that tells you that we know that gas is about to get much higher. We know the national average now is about$4.60 a gallon. That's going to surpass$5 a gallon in no time. It's very clear from what's taking place as the Strait of Hormuz continues to remain closed. And after Iran very publicly rejected Donald Trump's demand that they surrender and they said, we are not doing any of these things. Go back to the 10-point framework. Donald Trump's like, it was a really bad counteroffer and I'm really upset you won't be laughing soon. All right, well, what are you going to do about it other than be frozen and look so utterly pathetic?

4:23Ben Meiselas:Either make a deal or do something else, but stop with this failed policy of doing nothing. I mean, folks, even in the Atlantic, you have Robert Kagan, who's known as being kind of like a neocon. I mean, he's out there saying that we've been checkmated by Iran. Even Donald Trump's, basically his own team who was pushing for the war is like, Iran has just checkmated Donald Trump. But the catastrophic outlook gets even worse than that. Donald Trump then calls state regime media, which calls itself Fox. Then Donald Trump tells John Roberts at Fox that, okay, here's how we're going to deal with the economic crisis right now.

5:02Ben Meiselas:We're going to make Venezuela the 51st state because they have$40 trillion of oil. So if, by the way, don't you notice that the number equates to the national debt that Donald Trump is now spiking even more? So here's how we're going to fix it, right? First, it was going to be Doge. Doge was going to get it all done. And then we were going to figure it out with the gold cards. The gold cards would bring in$5 trillion. dollars. They've sold one gold card, I think, and they haven't even processed over like 160 other claims through the initial screening process. And Lutnick was out there. Five trillion dollars.

5:43Ben Meiselas:You saw the video I did this morning about it. And then Donald Trump said the foreign countries are bringing in 18 to 21 trillion dollars. And now Venezuela is going to become the 51st state. So we're going to bring in 40 trillion dollars. Now, what's going on in America right now? Americans are spending down their savings. You know that earlier last week, we talked about how the Kraft Heinz CEO, Steve Callahan, said that the American people are literally running out of money at the end of the month and they're dipping into their savings. We see negative cash flows in the lower income brackets where they're dipping into savings.

6:20Ben Meiselas:Frankly, everybody's in the lower. There's no middle class in the United States anymore. There's ultra crazy, uber wealthy. And then there's lots of people who are struggling and suffering right now, and there's varying degrees of that suffering. But the American people, by and large, are suffering unless it's the 1 % or the 1 % of 1%. You also had McDonald's CEO, Christopher Kambinsky, who talked about rising gas prices disproportionately hitting low-income consumers. The pressures are going to continue, he said. And last week, Whirlpool CEO Mark Blitzer said the appliance industry is seeing an industry decline on par with the financial crisis.

6:57Ben Meiselas:That was also echoed by the CFO of Costco, who said that Americans are moving away from beef to chicken to canned tuna at this point. But what are they doing on the Trump regime? You have people like Kevin Hassett, Donald Trump's economic advisor. He's calling in to CNBC. And as Tara Hoop said, So now here's what the Trump regime is trying to sell. Trump is doing such a great job right now. Things are so good. That's why people are freaking out, because Trump is doing such a good job at fixing things. Here play this clip. I think that one of the things that's happening is that the world is changing so fast right now that President Trump has sort of taken every problem on Earth and got 100 percent at fixing it.

7:43And I think that that's can be stressful for people to see so much change going on. But the bottom line is that in the end, when we look at what happens for elections, that people look at their wallets, they see how they're doing. You know, the economy is growing very strong. Incomes are growing. And you know, Ray Fair, you and I have talked about Ray Fair for 20 years. Ray Fair of Yale says that GDP of the second quarter is the thing that tells you what's going to happen in the election. And so I think that right now, Republicans should feel very, very good about the trajectory of the economy.

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10:15Ben Meiselas:You had James Comer, House Oversight Committee chair who covers up the Epstein files with Donald Trump. He's the guy who made sure that Howard Lutnick wouldn't sit for an under oath deposition, but just give a transcribed interview. And this guy is like the number one cover up artist, you know, in the world for Donald Trump and literally put there in the House Oversight Committee to not do oversight. And now he's out there this morning. You want to talk about catastrophic outlooks, talking about the Hunter virus and saying, well, I'm all not worried because we saw how good Donald Trump handled COVID and he learned a lot of lessons from COVID.

10:50Ben Meiselas:So therefore, he's going to be good with the Hunter virus because he's good with COVID everybody. This is what they're going with here. Play this clip. We're expecting this next briefing from health officials at 10 a.m. Eastern. What are you hoping to hear and how worried are you by this story? Well, I'm not worried. I have complete confidence in the Trump administration. I think we've learned a lot of lessons, hopefully, from the COVID pandemic. And I know they're taking this very seriously and hopefully this won't spread and this will be an isolated incident and we can learn from this and hopefully educate other countries on how to contain this.

11:28Yeah.

11:28Ben Meiselas:Meanwhile, you have Iran's foreign ministry spokesperson issuing the following statement. Our demands are legitimate, halting the war, lifting the blockade, ending maritime piracy by the United States and releasing Iran's assets that have been unjustly frozen in banks under American pressure. Safe passage through the Strait of Hormuz and establishing security in the region and in Lebanon were among Iran's other demands, a generous and legitimate proposal for regional security. Unfortunately, America continues to push its one-sided viewpoint. He goes on to say, we did not demand any concessions from America.

12:02Ben Meiselas:Rather, we called for an end to the war and a halt to piracy at sea against Iranian ships. Our proposal to America was generous and responsible. Iran has proven to be a responsible power in the region, he goes on to say. And at the same time, we are not the bullies. Rather, we are anti-bullies. Just look at our conduct. Were we the ones who launched a military campaign against America thousands of miles away? Were we the ones who killed 170 innocent little girls in a single day? He said, people, are we the ones bullying Cuba, Venezuela, and other countries in the Western Hemisphere? Were we the ones who during a diplomatic process committed such a great crime twice?

12:43Ben Meiselas:Is attacking a country, destroying its infrastructure, and assassinating the leader and citizens of a country an example of responsible behavior? That's what he says. And meanwhile, you have Donald Trump running to Netanyahu last night. Trump said he spoke with Netanyahu. Very nice call. We have a very good relationship. That's my situation. Not everybody else's. We've got a very good relationship. European Union's Kaha Kalas also calling out Donald Trump this morning because Trump claimed he did a ceasefire for what? less than a 24-hour period in a small area so that Putin can have his, they call it their victory day parade in Red Square, which Zelensky agreed to.

13:27Ben Meiselas:Putin was terrified that Zelensky was going to launch the drones into Moscow. So he had Donald Trump demand that Zelensky agree not to do that. Zelensky said, I'll do that. I want a prisoner swap. We'll give a thousand Ukrainian prisoner, a thousand Russian prisoners if they return a thousand Ukrainian prisoners. Then Donald Trump's like, I did a deal, everybody. Right. The guy who said that he was going to end the entire war in 24 hours after the election. I will fix it. Can't even get a ceasefire for less than a day because Ukraine agreed to it so long as there was a prisoner swap. But Russia hasn't released a thousand Ukrainian prisoners.

14:04Ben Meiselas:So as you saw in my morning video, Zelensky said to Donald Trump, You claimed you did this deal that we agreed not to bomb Moscow now because Putin is now terrified of Zelensky because Zelensky's drones can get into Moscow. We said we wouldn't do it for the parade. We kept our word. Now they're not releasing the prisoners. So Kaha Kalas is calling all of that out right now and showing how weak and pathetic Donald Trump is. Here, play this clip. And then we have Ukraine. Of course, we saw that this ceasefire that Putin wanted was only very cynical to protect his parade, whereas they were actually attacking civilians in Ukraine.

14:46Ukraine kept to the ceasefire like, you know, previously offered ceasefires unconditionally. What Russia didn't really stand up to this.

14:56Ben Meiselas:And more from EU's Kaha Kalas right here. Let's play this clip. Will we rebuild the same influence network in Europe as it was before 2022? Again, coming back to the question about Shurban. Well, clearly our adversaries are not sleeping. So clearly they want to increase the influence in Europe. We unfortunately already see this in sports organizations where, you know, Russians are let to compete like nothing has happened. And there are discussions there. We also saw this Venice Pianale where, you know, they are there like nothing has happened. So clearly they are working all the time and we have to be vigilant as well.

15:48Ben Meiselas:There you have it, folks. Let me know what you think. We'll keep you posted throughout this morning i believe we have a a press conference coming up soon from uh trump in the oval office which i'm hearing just a total disaster so i'm going to watch that and we'll be right back make sure you keep checking in on this channel this morning and throughout the entire day rather hit subscribe let's get to 7 million subscribers thanks for watching just double check that you're subscribed and turn notifications on thanks want to stay plugged in become a subscriber to our substack at MidasPlus.com. You'll get daily recaps from Ron Filipkowski, ad-free episodes of our podcast, and more exclusive content only available at MidasPlus.com.

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From the publisher

MeidasTouch host Ben Meiselas reports on Donald Trump loses his mind on Monday morning as a catastrophic outlook is projected on multiple fronts.

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