Speaker 1: This is the warning. Donald Trump has been president of
Speaker 1: the United States for under eighty days. He has assaulted
Speaker 1: the rule of law, He has shattered America's alliances, and
Speaker 1: he has vandalized the American economy. The stock market is crashing,
Speaker 1: but more significantly, the dollar is plummeting. It is weakening.
Speaker 1: America has broken faith. We have broken trust with our allies,
Speaker 1: with free people all around the world, and they know
Speaker 1: that they can no longer count on, no longer trust
Speaker 1: the United States. The American people were fed alive. They
Speaker 1: were told that we were being ripped off. The truth
Speaker 1: is we were the chief beneficiary of the American led
Speaker 1: system that Donald Trump has killed in under eighty days.
Speaker 1: They make no mistake. It's gone and it will not
Speaker 1: return because of the decadence of the American people. As
Speaker 1: a French minister pointed out, as JV Last at the
Speaker 1: Bulwark mentioned, European security cannot be left in the hands
Speaker 1: of ignorant voters from Wisconsin every four years, and so
Speaker 1: the world will be less than before. For America's children,
Speaker 1: there will be less dynamism, there will be less opportunity,
Speaker 1: and there will be less safety. All of it was unnecessary,
Speaker 1: but let's watch the death sentence being delivered appropriately in
Speaker 1: English by the Canadian Prime Minister.
Speaker 2: The President's actions will reverberate here in Canada and across
Speaker 2: the world. Three sets, three different sets of US tariffs
Speaker 2: remain in place and will continue to pose significant threats
Speaker 2: to Canadian workers and Canadian businesses.
Speaker 1: The tariffs are an economic disaster. We can start with
Speaker 1: Ronald Reagan.
Speaker 3: Hi tariff inevitably lead to retaliation by foreign countries and
Speaker 3: the triggering of fierce trade wars. The result is more
Speaker 3: and more tariffs, higher and higher trade barriers, in less
Speaker 3: and less competition. So soon, because of the prices made
Speaker 3: artificially high by tariffs that subsidize inefficiency and poor management,
Speaker 3: people stop buying. Then the worst happens. Market shrink and collapse,
Speaker 3: businesses and industry shutdown, and millions of people lose their jobs.
Speaker 1: He knew, But it's more than Ronald Dragon. All of
Speaker 1: Trump's MAGA SIKA fans, Ted Cruz and Lindsey Graham, Majority
Speaker 1: leader Thoon, ninety one year old Chuck Grassley, Joany Ernz,
Speaker 1: they all know. Each one of them is a founding
Speaker 1: member in the siting of Trump's malicious cabinet. Each one
Speaker 1: of them is an ask kisser and a bootlecker who
Speaker 1: does not care about ordinary Americans, does not care about
Speaker 1: Themerican people, does not care about their livelihoods, does not
Speaker 1: care about their prosperity, cares about one thing, cares about
Speaker 1: their political ambition, not principles, not ideals, and the only
Speaker 1: thing that matters to them is staying in Donald Trump's
Speaker 1: good grace. And so these people have allowed Donald Trump
Speaker 1: to steal the American dream. Let's watch what they said
Speaker 1: before they volunteered to become Trump's hostages, his puppets.
Speaker 3: A tariff isn't paid by the exporter.
Speaker 4: China's not going to pay the tariff. The buyer is
Speaker 4: going to pay the tariff.
Speaker 1: Well, Trump has proposed a forty tariff, which is a
Speaker 1: tax on all of you.
Speaker 3: I have never agreed with the President's tariff policy. China
Speaker 3: wins when we fight with Europe. China wins when the
Speaker 3: American summer has higher prices because of tariff's There's.
Speaker 4: Little doubt that these protectionist barriers that were put up
Speaker 4: in nineteen thirty or thirty one made the Great Depression
Speaker 4: and worse. So let's not repeat that mistake.
Speaker 1: Astonishing, Isn't it Even more incredible is that as the
Speaker 1: global economy reacts, the sister Howard Lutnik's on television saying,
Speaker 1: it's a good day. It's a good thing. We're winning.
Speaker 4: Let Donald Trump run the global economy.
Speaker 1: He knows what he's doing.
Speaker 5: He's been talking about it for thirty five years.
Speaker 4: You gotta trust Donald Trump in the White House.
Speaker 3: That's why they put him there.
Speaker 5: Let him fix it.
Speaker 1: Remember when Donald Trump says we're winning, the Trump spokespeople
Speaker 1: also told you this wasn't a Hitler salute. Donald Trump
Speaker 1: has weakened America more quickly, more profoundly, and more irreversibly
Speaker 1: than any president in American history. He has shamed the
Speaker 1: United States. He has betrayed the word of the United States.
Speaker 1: He has conned tens of millions into believing a gospel
Speaker 1: of abject idiocy and economic illiteracy. Here are the charts.
Speaker 1: Donald Trump likes charts. And this chart means that MAGA
Speaker 1: will reach into every family, every toy at Christmas, every
Speaker 1: new television, every car. Everything that Donald Trump said he
Speaker 1: would do. In the end, he will deliver the opposite. Now,
Speaker 1: in the end, the MAGA politicians who did this. They
Speaker 1: must be swept from office. The Democratic leaders, the Democrats,
Speaker 1: they must be swept from office. These people allowed, in
Speaker 1: eighty days for the most powerful nation in the history
Speaker 1: of the world, to betray its alliances, to betray its values,
Speaker 1: to betray the American people, to betray common sense, to
Speaker 1: permit for people with legal status in the country to
Speaker 1: be snatched up off of streets and sold to El Salvador.
Speaker 1: To betrayal of Ukraine, the reorientation of American foreign policy
Speaker 1: to support the Russian position in their war of aggression,
Speaker 1: where tens of thousands of children have been kidnapped. America
Speaker 1: stands at the edge of its two hundred and fiftieth birthday,
Speaker 1: led by a madman chosen by a plurality of American voters,
Speaker 1: those that bother to show up. And now, in this hour,
Speaker 1: the consequences are coming to the Accountability for this decision
Speaker 1: will land on the people that made it. That's the
Speaker 1: American voter. American voter has done great damage to themselves
Speaker 1: and to their futures. And a lot of people who
Speaker 1: stood against Trump may have an inclination to shout and
Speaker 1: scream and be angry, but all that does is help
Speaker 1: Donald Trump. Truth is, United States is a rich and
Speaker 1: powerful country in the United States has done a great
Speaker 1: deal of good in the world. There has been a
Speaker 1: rebellion in America against decency. There has been a rebellion
Speaker 1: against goodness. Much of it has been stoked by cancerous
Speaker 1: right wing media, by people like Megan Kelly.
Speaker 5: Trust Trump, I for one, say we give President Trump
Speaker 5: a chance. There's no way he's going to let a
Speaker 5: bunch of economic pain rain down on the country for
Speaker 5: the next three and a half years without doing anything
Speaker 5: about it. He's talking about short term pain for long
Speaker 5: term gain.
Speaker 1: Do you think Megan Kelly's on your side. Megan Kelly
Speaker 1: is not on your side. None of these people are
Speaker 1: on your side. They're worth tens of millions of dollars
Speaker 1: and they picked up a knife and they stabbed it
Speaker 1: right into the beating heart of America's democracy. They've assaulted
Speaker 1: your liberty, they've assaulted your prosperity, they have assaulted the truth,
Speaker 1: they have assaulted reality, they have assaulted the rule of law.
Speaker 1: And all through it it has been rationalized away by
Speaker 1: the media. It has been excused, and no matter how
Speaker 1: many times it was said that should this man return
Speaker 1: to power, there will be catastrophe. That too is minimized.
Speaker 1: Now it is here we sit at the edge in
Speaker 1: the beginning of one of the great crises in American history,
Speaker 1: a great unraveling that cannot be stopped, that has been
Speaker 1: set in motion. The next president of the United States
Speaker 1: will have one of the most difficult jobs since Lincoln
Speaker 1: or FDR took office. And that person that best be
Speaker 1: up for the job next time for at summer in
Speaker 1: the politics of joy, in every other accumulated stupidity won't
Speaker 1: get it done. The collapse of the Democratic Party as
Speaker 1: a force connected to the American people, to America's history,
Speaker 1: to the history of the Democratic Party, has been a disaster.
Speaker 1: What it has allowed is the rise of a fascist party,
Speaker 1: wrapped in the flag and carrying across that has shattered
Speaker 1: our alliances, turned us towards Russia. It is a moral disaster,
Speaker 1: and it is a national disaster. It is a humanitarian disaster.
Speaker 1: It is the great tragedy of the twenty first century.
Speaker 1: And it is the work the delusions in the insanity
Speaker 1: of one man, plus the weakness of all those around
Speaker 1: him who will not tell him no, and will never
Speaker 1: tell him he's wrong. Look at what they've done, and
Speaker 1: they are just getting started. This is the warning. I'm
Speaker 1: Steve Schmidt. This is the warning. I invite you to
Speaker 1: join this community where I promise to be honest, blunt
Speaker 1: and direct about what is happening in this country. America
Speaker 1: is in crisis. Follow and subscribe to this channel and
Speaker 1: on substack. Thank you,