Trump’s Day Gets Ugly Fast…

0:00Ben Meiselas:Three more tankers were just struck by Iran in the Strait of Hormuz this morning. Diesel prices have hit all-time record highs this morning. Treasury yields are hitting all-time record highs this morning. And Donald Trump is ranting and raving like a lunatic on his social media, posting things like this. Why does Fox News always put Chuck Schumer, Hakeem Jeffries, Jessica Tarlov, and every Democrat on, saying bad things about the Republican Party? And of course, me. I actually think they get more airtime than pro-Republicans. This is why MAGA and real patriots will never like Fox. Meanwhile, Donald Trump's approval continues to hit record lows, not just for himself, but for any president since the invention of modern polling.

0:56Ben Meiselas:The American people are suffering while he whines and behaves like an utter loser and also tries to manipulate the market. the latest market manipulation this morning as diesel and gas prices are surging, as inflation continues to surge, as the cost of living crisis gets worse, Donald Trump manipulates the PCE inflation numbers. The Bureau of Economic Analysis changed their formula. And so we realized that shortly after the announcement that there was actually disinflation. Inflation is going down, everybody. It clearly isn't, but this is what the Bureau of Economic Analysis published on that fraudulent report.

1:44Ben Meiselas:The markets were manipulated and you saw stock prices go up and other markets starting to rise. And here's what the report was. U.S. August PCE inflation, the Fed's preferred inflation metric, fell to 3.4 % below expectations of 3.7%. And core PCE inflation fell to 3 % below the expectations of 3.3%. Wow. And July headlight and core PCE inflation were also revised down by 30 basis points each. Oh my gosh, maybe there aren't going to be more rate hikes by the Federal Reserve. That was the message that was coming out of the White House. And then you pull back after reading all the Bloomberg headlines and this headlines that says core PCE revisions reveal sharper disinflation.

2:39Ben Meiselas:You're like disinflation. What are you talking about? Diesel, which is a major factor for overall inflation since it's used by all different types of industry and in agriculture is at all-time highs. How could that be possible? Oh, got it. The U.S. changed the way the PCE inflation is calculated, and basically it changed how portfolio management and investment advice is calculated, computer software accessories, legal services, and other categories, which have the potential to change the amount of the inflation being revealed by anywhere around 20, 30, 40 basis points. So that's what they're doing, just manipulating the numbers.

3:23Ben Meiselas:As we wrote on the Midas Touch account, when you don't like the data, just change the way the data is calculated. Meanwhile, it's Wednesday mornings getting worse for Donald Trump as news surface that Ken Paxton, the Trump bootlicking MAGA extremist Senate candidate in Texas trashed Donald Trump's midterm Republican convention during a secret meeting that he held in audio obtained by the New York Times. Ken Paxton was telling donors and lobbyists last week that Donald Trump's Trump-a-palooza Republican midterm convention hurt Paxton's polling numbers. Paxton said that this is why he's trailing to James Tallarico.

4:09Ben Meiselas:Now, let me show you the audio. Let's listen to it right here. Play it. Do you feel like, man, all these guys know these programs, Charlie? But do you feel like he's a little bit of a drag? So, to be honest with you, the numbers, when we did that convention, we dropped our numbers. Everybody can read off. By now, yeah, not good. I wish there was something to do that to turn on. I would obviously not. And with all of this going on as well, Donald Trump sends his bootlickers out, Mark Wayne Mullen, the Department of Homeland Security secretary, who now does press conferences holding a lit - He's actually holding a stress ball.

4:56I'll show you what he looks like. Here, play this clip. We want every vote to be counted and be counted accurately. He's holding a stress ball,

5:04Ben Meiselas:And then he's saying, we're not going to be providing any good conditions when it comes to migrants. If you're here unlawfully, if we revoked your temporary protected status, if we revoked your asylum status, or if you've been here for a long time paying taxes, we don't deserve to, you don't deserve to be treated like human beings. We're going to do whatever we want to do while he's holding the stress ball. Let me show you what went down. Let's play this clip. We're not providing holiday ends. These people broke the law. That's why they're there and they're in the deportation process to leave the country because they chose to come to the country legally.

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7:05Ben Meiselas:Folks, even MAGA Republican West Virginia Senator and former governor there, Jim Justice, he said, quote, you're dragging people away that have lived on your street corner for 15 years. And I don't know that we need to be doing that. To get better, the first thing you've got to do is admit you're doing something wrong. Admit you're doing something wrong with this sex predator, Donald Trump, with this felon, Donald Trump, with this bankruptor, Donald Trump. Did you see the way, by the way, when Donald Trump was with those AI tech billionaires at the White House yesterday and they announced their fake accord where they're going to self-police themselves when it comes to AI and they're changing the name of AI to SI and it's no more data centers.

7:59Ben Meiselas:It's SI centers. So it's all good. But did you just see the way Donald Trump was standing yesterday? I mean, this guy is so unwell in every sense of the word. Here, let me show you this video. Let's play it.

8:25Ben Meiselas:And then more MAGA bootlickers like MAGA Republican Congress member Rich McCormick blaming former President Obama for high gas prices. Listen to what he had to say. Play this clip. But now it's all about private corporations. It's not about growing government. Matter of fact, we shrunk government for the first time in a very long time. Gas prices are artificially inflated, but that's going to be temporary. Get the truth out there. Realize that there was a huge growth in permanent elevation in gas prices during the Obama administration, which was planned. He talked about that. We want to bring gas prices down.

9:01We will bring gas prices down. But we've got to deal with a very real and serious threat to America, one that is growing nuclear arms and ballistic missiles. And if you think gas prices are bad now, imagine a theocracy with madmen at the helm that are actually threatening to destroy America. That would be a lot more expensive in the long run. Yeah. Yeah. Good point. Congressman Rich McCormick, always great having you with us.

9:21Ben Meiselas:You have MAGA Republican Congress member Dan Mauser blaming Ukraine and Biden for the high diesel prices. I mean, so utterly pathetic. Let's play this clip. There's a lot of factors going on. The Ukraine-Russian war, where many of the refineries in Russia have been hit. Now Europe is starving for diesel. So our companies have been shipping more to Europe. On the same note, our refineries during the Biden administration. Okay, this is something that's not talked about enough. 13 refineries were shut down during the Biden administration. We remember, of course, he killed the Keystone pipeline. They prohibited drilling in federal lands.

10:08Ben Meiselas:And then you've got MAGA Republican Senator John Eustead, who clearly has always supported Donald Trump's catastrophic war in Iran. Made that very clear. He's blocked any war powers resolutions to restrain Donald Trump's catastrophic war in Iran. And so he was asked, you voted in favor of the war in Iran. It's proven to be unpopular. What do you see as the off ramp here? And then he's like, well, thank God for Donald Trump because we're so energy independent. It could be much worse than it is right now. And then Houston again, who's up for reelection in Ohio against Sherrod Brown and the Democratic candidate Sherrod Brown, who's previously the senator there as well, is surging ahead.

10:54Ben Meiselas:Houston's like, first of all, that's not what I even voted for. You don't know what I voted for. Yes, we do. We actually know what you voted for. Listen to what he has to say here. Play this clip. You voted in favor of the war in Iran. It's proven to be pretty unpopular. What do you see as the off ramp here? Yeah. Well, that's not that war. Go ahead. Yeah. First of all, I did. That's not what that vote was. That's not what I did. Here's the bottom line. The these are the people that want higher gas prices right now. Iran, Russia and the and the Democrats in Congress. They don't want us to be successful there.

11:33They they literally we are the party that has been as Republicans. we've wanted more drilling. Like we have, thank goodness, we have a great supply of domestic fuel right now or prices.

11:47Ben Meiselas:Now, as I started off by saying in this video, indeed, three more tankers were struck in the Strait of Hormuz by Iran. The United States clearly does not control the Strait of Hormuz. If the US controlled the Strait of Hormuz, then why wouldn't the United States reopen its logistical capabilities in Bahrain? Why are we still operating out of the Diego Garcia base after our military bases in Bahrain and throughout the Middle East were destroyed? Why wouldn't we be able to then have better logistics throughout the Strait of Hormuz and in the area right there? And so, look, diesel prices are at all-time highs.

12:29Ben Meiselas:Gas prices are at all-time highs. We all know what we're paying. They can try to manipulate the markets all they want. But I think the American people see what is happening right now. And it's very, very, very clear. We're going to be doing a lot of videos throughout the day. Hit subscribe. Let's get to 7 million subscribers. Thanks for watching, everybody.

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