Yikes! Republicans Crumble on Live TV over Trump Crash

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2:30Ben Meiselas:Republican leaders were losing their minds on live TV this weekend as Donald Trump's presidency continues to collapse, and that collapse is now rapidly accelerating. For example, Donald Trump's National Economic Advisor, Kevin Hassett, was confronted with a graphic showing that prices across all sorts of food and products are surging right now and Americans can't afford it. Kevin Hassett says, but eggs are a little cheaper now, aren't they? Here, play this clip. But let's take a look at some of the goods that we buy regularly in our household. Let's take a look at this. Coffee, as you mentioned, up 15%.

3:12Uncooked ground beef up 14%. Bananas up 8%. Fresh cakes and cupcakes up 6%. Lettuce up almost 6%. percent uh lunch meat salad dressings tomatoes all up you know well more than that two and a half percent um i mean americans are clearly feeling that prices are continuing to go up and in many with many of the goods that they buy regularly they are going up well and again i mean a significant number let's look at it first of all when we came in the very first thing that all of you folks were talking to us about was egg prices yeah and egg prices are down year over year you could have put that in your chart.

3:51But the fact is, when we had almost 10 percent inflation in the year. I mean, that wasn't about economic factors. That was bird flu with the egg prices, just to be clear. Oh, but but but the the meat prices problem is we've shut the border from Mexico because of an infestation in Mexico. So there are a bunch of things like that that are targeted problems. And also so you have lunch meats and meats, but the meats are coming slower from Mexico because there's a pest infestation there.

4:16Ben Meiselas:Next, Kevin Hassett tries to claim that Thanksgiving is going to be 25 % cheaper, according to a Walmart report. But he tries to leave out that the Walmart report says that their Thanksgiving meal this year only has 14 items versus 21 items under former President Biden, and that it was previously using brand names and now they use generic names. Watch as Kevin Hassett is fact-checked to his face. Here, play this clip. The president claims that Thanksgiving costs are down 25%. I mean, does he know that's not true? Well, if you look at Walmart and the few places that put out their prices of Thanksgiving baskets.

4:55Wait a minute, I got to stop because the Walmart comparison is like not. I mean, Walmart had a Thanksgiving package last year. They've got a Thanksgiving package this year. the one this year contains much less than what the one last year took so that's why the price is less look we got a chart here uh last year it was 21 total products this year it's 15 uh total number items in those projects was products was 29 now 29 now it's 22 uh there's more generic brand stuff so i mean thanksgiving if you're going to the store to buy groceries for thanksgiving it's going to be more expensive you know i really don't understand where you're going in the sense that Joe Biden gave us.

5:35Joe Biden gave us 20 percent inflation. He's not president. Donald Trump's president. No, no. And you want us to fix the hole that Joe Biden does right away. Why does the president tell everybody? The prices went up so much under Joe Biden, and inflation is way down. Inflation is about half what it was in December. This is something that's being fixed fast. And real incomes are up after dropping about 3 ,000 under Joe Biden. And so, sure, you could find a few things where the price is higher, but there's a whole bunch of stuff when the price is lower, like gasoline, like mortgage rates. When are we going to get Yeah, that mortgage rates have gone way down and it's much cheaper to buy a home now than it was.

6:07Because interest rates have gone down, right.

6:09Ben Meiselas:Next up, you have Treasury Secretary Scott Besant, who says, we've got a big plan that we're going to announce right now. We're going to make things cheaper like coffee and bananas. And here's how. We're going to remove some tariffs and that's going to be a big win for the American people. You put the tariffs on. What do you mean it's going to be a win? You caused the problem. What are you even talking about? Here, play this clip. So not only will the tariffs come off some of the things you just listed, like coffee, like the cocoa, many other bananas, many other items. That's a result of the trade deals going through.

6:48And then we will see this go down. And we're also seeing the import barriers for the other countries come through. So this is a complete trade policy, and now we are going to see it affect the prices.

7:05Ben Meiselas:More from Treasury Secretary Scott Bessent here. And he goes, look, Trump's tariffs against the world, that's his signature policy. That's like his go-to. So the Supreme Court needs to recognize that's his signature policy and just allow him to continue his tariffs against the world. But in the previous clip, you recognize that tariffs were causing prices to surge. Oh, and then by the way, he's like, and Donald Trump has used tariffs to end all of these wars and everything so much better. This guy is such a freaking liar. Here, play this clip. Real quick, Secretary, what are you expecting from the Supreme Court?

7:42Tariffs have already brought you, what,$200 billion or so. If the Supreme Court goes against you in this upcoming decision, are you going to have to pay back, the U.S. government will have to pay back$200 billion in tariff revenue already collected? What's the backup plan? Well, Maria, I want to say this in the strongest possible terms. I think that there are three points here. One, this is one of President Trump's signature policies, and traditionally the Supreme Court does not interfere with a president's signature policy. Two, this is an emergency authority, which is IEPA. President Trump has successfully used that.

8:21The one to, as we talked about earlier, on the rare earth problem, he threatened substantial tariffs on China and that made the rare earth flow to several numerous of the peace deals that he's negotiated. He threatened to put tariffs on the countries and that got us to the peace deal.

8:41Ben Meiselas:More from Treasury Secretary Scott Bessent right here. He's asked even by Maria Bartiromo on state regime media known as Fox. So when do you think the public's going to feel a little bit of relief? Like people are not doing as great as you're saying there, Besson. And he's like, look, look, look, what's really going to happen is that sometime next year, maybe the first quarter, maybe the second quarter, it'll happen in the future. Next year's our year. Here, play this clip. When do you think that the public is going to really feel an impact from your moves to rein in the cost of living? How long will that take?

9:18I think we are going to see a substantial acceleration in the economy in the first, second quarter. And I think we are also, we're already seeing on many prices, as I said, we're bending that curve down and the increase in real incomes, I think Americans are going to feel it in the first quarter, second quarter. I think 2026, thanks to President Trump's signature plans, is going to be a great year for working Americans, for the markets. I call it parallel prosperity. Main Street and Wall Street can both do great, but I think Main Street's going to have a great year in 2026.

9:58Ben Meiselas:Didn't Donald Trump promise that on day one everything was going to be cheaper? Isn't Donald Trump currently posting that we are experiencing a golden age right now? Really a golden age when jobless claims are as high as they've been really since the Great Recession, as our GDP is contracting, as prices are surging, as Americans are psychologically tortured, living paycheck to paycheck right now. He's out there saying golden age right now. Anyway, Treasury Secretary Scott Besant is then showed a clip of the guy who runs Omaha Steaks and Maria Bartiroma is like, so they're expecting$10 a pound ground beef.

10:41Ben Meiselas:What's your response to that? And he's like, yeah, I mean, it's like Biden's fault. And like, I don't really know. It's not our fault. You know, you see, Maria, the beef industry, it's very, very long term to deal with it. hear play this clip. Move on to affordability because this is another issue that the Biden administration brought you. Of course, we remember when inflation was at 40 year highs, President Trump has made this a priority. But suddenly there is more talk about the struggles in the cost of living. I spoke with the CEO of Omaha Steaks on Friday on Mornings with Maria. And here's what he told me.

11:17Watch this. So we are headed for what I'm calling Maria, the$10 a pound reality. By third quarter of 26, families are going to see$10 a pound ground beef in the grocery store. So we're in for a bit of a haul here. I don't believe we'll see price come down in any meaningful way until sometime in 2027. As Secretary, I know that President Trump has been able to rein in inflation, certainly the cost of some foods and energy. But what is your take on what you just heard? He's expecting$10 meat. Well, Maria, the beef market is a very specialized market. It goes in long cycles. And this is the perfect storm.

12:10Again, something we inherited.

12:13Ben Meiselas:Remember when Treasury Secretary Scott Besant is also like, when it comes to the rising costs of electricity, that's not a federal issue. That's a state issue, really, because Donald Trump promised that he was going to bring electricity prices down 50 to 75 percent during his campaign, besant. But you and this regime lie about literally everything. And fortunately, Midas Touch is fact checking you every step of the way with the Midas Mighty who are watching this and letting the people know what scumbags this regime and what liars and what Ponzi schemers and scammers this regime is. True self-reliance starts with taking control of your own health.

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14:10Ben Meiselas:Then they bring on MAGA Republican Senator John Barrasso, and he's asked by Kristen Welker, so are we going to learn about your health care plan? What's going on? And note he doesn't try to refute the claim right here, as Aaron Rupar says, that there is no plan and they're going to take away Obamacare from everybody. Here, play this clip. Senator, but what I hear you saying is that there's no plan, there's no bill. President Trump is calling for direct payments to Americans, which would inevitably lead to repealing Obamacare. Just to be very clear, will any plan include repealing Obamacare? We need a plan to lower the cost of health care in America.

14:55I know very well what's going on in Wyoming with the 40 ,000 people who are on Obamacare get very high subsidies, over$900 a month. So do you want to repeal it, Senator? Do you want to repeal it? I want to make sure we have a health care plan that works for the American people.

15:11Ben Meiselas:And Obamacare has failed. I mean, why is cruelty always the point? Why don't they just do this? Extend the Affordable Care Act subsidies so people can keep their health care right now. And then transparently try to figure out a better solution if you have one. But you're ripping away health care right now from 20 million Americans. You're ripping away Medicaid from tens of millions of Americans. It's just cruel. You're shutting down rural hospitals. And you're like, no, we're not. We're giving$50 billion to rural hospitals. Yeah. After taking away$200 billion, right? If I stole$1 ,000 from you and then gave you$200 back, I shouldn't be bragging that I gave you$200 back.

15:55Ben Meiselas:I stole$800 from you. It's criminal, right? I mean, this is the arguments that these MAGAs are making and the people are sick and tired of it. And we recognize what their tactics are. Oh, here he goes again. National Economic Advisor Kevin Hassett, he goes in response to Jonathan Carl, tariffs have been removed from some food items. How soon do we expect prices on those goods will go down? And basically, Kevin Hassett implies that prices are never going to go down. Here, watch this. But let me ask you the question I asked again. So the tariffs have been removed from these items that we all, many of us buy every, you know, the grocery store.

16:35How soon do we expect the prices on those goods now to go down? Right. Well, the prices for those goods weren't necessarily going up just because of tariffs. And so the prices will go down. Well, the prices will go down, of course. But because the tariffs have been taken off. Right. Well, because the supply of the goods into the U.S. is going to increase.

16:56Ben Meiselas:But y 'all promised that prices were going to go down. That was like literally your thing. Next up, you have Treasury Secretary Scott Besant admitting that there's never been a trade deal actually done with China. It's like, oh, we haven't done one yet. Even though we said we did one in May and June and July and September and we've manipulated the markets. Maybe by Thanksgiving we'll do another fake deal. You know, Xi Jinping of China is probably sitting there like, yo, these people in America have lost their freaking minds. Like, what a gift to Xi Jinping, such utter weakness and weirdness out of this regime.

17:37Ben Meiselas:So now you're admitting there's no deal? Watch this. Here, play this clip. Is China holding back rare earth magnets from companies tied to the U.S. military right now? Yeah, Maria, I think that Wall Street Journal reporting is not very accurate. We haven't even finished the agreement, which we hope to have done by Thanksgiving. And I am confident that post our meeting in Korea between the two leaders, the President Trump, President Xi, that China will honor their agreements. Xi Jinping has great respect for President Trump. The meeting was conducted very high level. And I am confident that they will honor their agreement.

18:18And if they don't, we have lots of levers.

18:20Ben Meiselas:And let me just guess, Treasury Secretary Scott Besson, here's what's going to happen. Right before Thanksgiving, you're going to say, we've done a new framework. And then you're going to manipulate the stock market so it tries to go up again. Meanwhile, the fundamentals are so bad. And it's been hoisted up on this manipulation, on this manufactured AI bogus BS crap. By the way, do you all know that like Bitcoin prices are lower now than when Donald Trump even took office? Just think about that. The Bitcoin president. I mean, by the way, Donald Trump's own shit coin or whatever you call it, the Trump coin and Melania coin.

18:59Ben Meiselas:What's that down since they launched it during inauguration, like 80%, 90 %? I mean, just think about, I mean, everything this guy touches is a failure. When will people just recognize this? But what they do do and what Ponzi schemers do is they try to blame others. So here you have National Economic Advisor Kevin Hassett said, what we really need to do here is just blame the Democrats. Blame the Democrats. Here, play this clip. And for health insurance premiums, and we have 20 some million Americans are going to have not just rising health insurance premiums, but skyrocketing. When do we get the Republican plan?

19:37So it seems I'm kind of confused because Because Obamacare is 100 % a democratic policy. The current path of Obamacare is 100 % something that was created by Democrats. They added a big expansion, and then they knew they couldn't pay for the whole thing in a long time. And while they did that, let me just finish that. While they put all of those subsidies into Obamacare, Obamacare became not affordable. It was an Affordable Care Act. In fact, the cost of these Obamacare premiums has gone up twice as fast as for the private market. Is there going to be a Republican plan to address that? Yeah, of course, the president has already talked about blame Democrats.

20:13The Democrats are at fault for this. And in fact, we even had a solution for this in the big, beautiful bill. And they took the Byrd rule to take 30 billion dollars away from people so they couldn't have the health insurance that they needed.

20:24Ben Meiselas:Then you have Republican Senator Cassidy said, well, I like Donald Trump's plan. You take that 26 billion dollars that would be going to insurance companies for the Affordable Care Act subsidies, and then you give it to the people and then you let the people do it and they'll negotiate. What do you think that a human being with just a random person like any of us, we could effectively negotiate with an insurance company on rates? Or do you think that the power of the government lowering the prices is a net benefit? And what are you even talking about? You're gonna give people$2 ,000. What happens when the health insurance, when the healthcare cost is more than$2 ,000 and people can't afford it?