WEBVTT - Trump, Trust & TikTok | The Schmidt Storm

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<v Speaker 1>Welcome to another edition of the schmid Storm. You have questions,

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<v Speaker 1>I have answers. Let's get started. The question is with

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<v Speaker 1>a third party candidacy break the Maga grip in twenty

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<v Speaker 1>twenty eight? I don't think so. In fact, it is

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<v Speaker 1>the case that a third party candidacy might help elect

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<v Speaker 1>the extremist candidate. Here's the thing. A healthy political system

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<v Speaker 1>does not produce to Trump presidencies. A healthy society does

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<v Speaker 1>not countenance Donald Trump being the all dominant figure in

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<v Speaker 1>the culture for ten years. It just doesn't. And so

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<v Speaker 1>the question is, when you give consideration to a third

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<v Speaker 1>party candidacy, who is going to say what about the

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<v Speaker 1>shouts of spoiler? The system is rotten, It's completely broken.

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<v Speaker 1>There are seven twenty six million plus people that voted

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<v Speaker 1>for Kamala Harris. But the truth is the Democratic Party

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<v Speaker 1>is controlled by about seventy five people. Those seventy five

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<v Speaker 1>people aren't on your side. They don't care about your family.

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<v Speaker 1>What they care about are consulting contracts. What they care

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<v Speaker 1>about is power, just like their Maga brethren. And so

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<v Speaker 1>it is theoretically possible for an independent candidacy to thread

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<v Speaker 1>the needle to win the presidency. It's a billion dollar project.

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<v Speaker 1>It will take somebody tough as nails. But the truth

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<v Speaker 1>is can it be done? Yes? Should it be done?

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<v Speaker 1>It should? Does it deserve to be done? Of course?

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<v Speaker 1>Who will be the first person to rise up will

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<v Speaker 1>be the people who are around Joe Biden shouting spoiler.

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<v Speaker 1>Politics is about the preservation of power, and the one

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<v Speaker 1>thing that the American people are alive to all the

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<v Speaker 1>time about is this notion that these two institutions, the

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<v Speaker 1>Republican and Democratic parties, the first and third oldest political

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<v Speaker 1>parties in the world, have nothing in common. They have

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<v Speaker 1>a lot in common, and the thing they have most

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<v Speaker 1>in common is they want the other to remain the

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<v Speaker 1>only competition. It's a duopoly. And they're not looking for

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<v Speaker 1>any outside forces to say you're both left up. And

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<v Speaker 1>the reason you're hurting the country is because we've watched

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<v Speaker 1>for a quarter century the dance of the scorpions, the

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<v Speaker 1>two rattlesnakes living together in a bottle, and the result

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<v Speaker 1>for the country has been awful. The question is, with

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<v Speaker 1>the horrific state of the American media, with so many

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<v Speaker 1>acts of capitulation, who can we trust, Who can we

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<v Speaker 1>get the news from? Who is on our side. Great question.

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<v Speaker 1>Let me go through a couple of things that I

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<v Speaker 1>read every day. I read The Guardian, I read Puck

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<v Speaker 1>News on substack. I'm thrilled that the veteran reporter journalist

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<v Speaker 1>Ron Fournier is starting to write. I read Joe Klein

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<v Speaker 1>on substack, and Chris Solizza, Claire Berlinsky, Sasha Ingberg. When

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<v Speaker 1>it comes to politics, I trust Nicole Wallace, I trust

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<v Speaker 1>George Stephanopoulos, but I don't trust the management at ABC.

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<v Speaker 1>And I think David Muir is a preposterous figure. He's

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<v Speaker 1>an actor and a reader. Call him whatever you will,

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<v Speaker 1>but he's more Gap model or Abercrombie pin up guy

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<v Speaker 1>than he is what Peter Jennings was David from Peter Wayner.

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<v Speaker 1>Many writers at The Atlantic are must reads. I read

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<v Speaker 1>The New York Times and it has some of the

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<v Speaker 1>greatest journalists in the world, but its political coverage is

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<v Speaker 1>a complete and total disaster, and I don't go there

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<v Speaker 1>for that. I think the Wall Street Journal, by and

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<v Speaker 1>large and its news coverage is a superb newspaper, and

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<v Speaker 1>it has claimed, with the collapse of The Washington Post,

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<v Speaker 1>to be the best in the country, which is incredible.

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<v Speaker 1>Given that it's owned by the Murdochs, the free press

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<v Speaker 1>has become essentral reading for me every day. And I'll

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<v Speaker 1>tell you what an answer to this question, We will

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<v Speaker 1>publish a list of people that I think are trusted,

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<v Speaker 1>that are ethical, and most importantly, people you may disagree with,

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<v Speaker 1>but will never bow down, will never put themselves before

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<v Speaker 1>your interest in knowing what is happening. Why is the

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<v Speaker 1>banning of TikTok in the United States such an important

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<v Speaker 1>issue to so many politicians. That's a simple answer. It

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<v Speaker 1>is a tool that can be used to reach every

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<v Speaker 1>American young person, It can collect the data of every

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<v Speaker 1>American who uses it, and it's controlled by the Chinese

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<v Speaker 1>Communist Party, which is a hostile foreign power. Politicians in

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<v Speaker 1>America look at this and they react to it in

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<v Speaker 1>a couple of different ways. As a parent, I see it,

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<v Speaker 1>I look at my kids. I shake my head because

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<v Speaker 1>of the idiotization that flows from it. But that's not

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<v Speaker 1>a reason to ban it. The reason to ban it

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<v Speaker 1>is that no country in the world would tolerate the

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<v Speaker 1>reciprocal that TikTok represents with the Chinese Communist Party, tolerate

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<v Speaker 1>an American owned information platform that communicates and accumulates data

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<v Speaker 1>directly on every Chinese citizen absolutely not. They would not,

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<v Speaker 1>and so Supreme Court today is likely to uphold this ban,

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<v Speaker 1>and the ban is likely in the interest of America's

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<v Speaker 1>kids and America's national security because for the previous point,

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<v Speaker 1>the Chinese Communist Party is neither benign, harmless or on

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<v Speaker 1>your side. I'm Steve Schmidt. This is the warning and

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<v Speaker 1>I invite you to join. Subscribe on our substack, on

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<v Speaker 1>our YouTube channel follow us. Welcome to the community.