1 00:00:00,120 --> 00:00:02,800 Speaker 1: Welcome to another edition of the schmid Storm. 2 00:00:02,880 --> 00:00:05,640 Speaker 2: You've got questions, and I'll do my best to give 3 00:00:05,680 --> 00:00:09,600 Speaker 2: you some answers. And the first question is that whatever 4 00:00:09,800 --> 00:00:13,520 Speaker 2: it is that passes the Big Beautiful Bill, as Trump 5 00:00:13,600 --> 00:00:15,600 Speaker 2: calls it, will pass. 6 00:00:15,320 --> 00:00:17,480 Speaker 1: In some form after it does. 7 00:00:18,000 --> 00:00:21,280 Speaker 2: How should Democrats campaign against it? 8 00:00:21,720 --> 00:00:22,919 Speaker 1: This is a great question. 9 00:00:23,120 --> 00:00:28,680 Speaker 2: And unfortunately, the Big Beautiful Bill an obscenity without precedent. 10 00:00:28,840 --> 00:00:32,239 Speaker 2: And I say this with no hyperbole, no exaggeration can 11 00:00:32,320 --> 00:00:37,000 Speaker 2: back this up. Is the singularly most corrupt piece of 12 00:00:37,120 --> 00:00:41,600 Speaker 2: legislation in American history, and it will pass now. The 13 00:00:41,720 --> 00:00:45,320 Speaker 2: fact that the odious Mike Lee had a backup and 14 00:00:45,479 --> 00:00:49,360 Speaker 2: backtrack and retreat on his plan to sell off one 15 00:00:49,520 --> 00:00:53,360 Speaker 2: hundred and thirty two million acres of public land just 16 00:00:53,400 --> 00:00:58,760 Speaker 2: because a good thing happened because a bad thing was stopped, 17 00:00:59,000 --> 00:01:03,800 Speaker 2: does not reduce in total the evil of this bill, 18 00:01:04,080 --> 00:01:10,679 Speaker 2: which betrays no group of Americans more broadly as a 19 00:01:10,800 --> 00:01:15,240 Speaker 2: political constituency than the Trump voter, who will. 20 00:01:15,080 --> 00:01:18,360 Speaker 1: Pay a heavy, heavy, heavy price if. 21 00:01:18,240 --> 00:01:22,200 Speaker 2: You live in a rural area for trusting and entering 22 00:01:22,240 --> 00:01:25,840 Speaker 2: into a business deal of sorts with Donald Trump. 23 00:01:26,000 --> 00:01:29,679 Speaker 1: He said, vote for me. I'll make America great. Again. 24 00:01:30,120 --> 00:01:33,320 Speaker 2: And the reality is is he took your Medicaid away, 25 00:01:33,400 --> 00:01:36,240 Speaker 2: he took your access to a doctor away, and he 26 00:01:36,319 --> 00:01:40,920 Speaker 2: closed down your rural hospital, and he slashed your VA benefits, 27 00:01:41,360 --> 00:01:44,479 Speaker 2: and he cut off the parks, and he shut down 28 00:01:44,520 --> 00:01:48,880 Speaker 2: the national parks, and he fired the park rangers, and 29 00:01:48,960 --> 00:01:50,640 Speaker 2: he abused the land. 30 00:01:50,960 --> 00:01:51,880 Speaker 1: That's what he did. 31 00:01:52,160 --> 00:01:57,279 Speaker 2: And so Democrats will just have to communicate clearly because 32 00:01:57,360 --> 00:01:59,080 Speaker 2: the things that will happen. 33 00:01:59,040 --> 00:02:00,520 Speaker 1: The checks that won't come. 34 00:02:00,720 --> 00:02:06,080 Speaker 2: For example, the Social Security Administration because of Musk's vandalism, 35 00:02:06,520 --> 00:02:10,240 Speaker 2: is in a stage of near collapse. As all of 36 00:02:10,280 --> 00:02:14,280 Speaker 2: these things accumulate, as people feel it. The anchors on 37 00:02:14,440 --> 00:02:19,040 Speaker 2: Fox News who are making fifty sixty million dollars a year, well, 38 00:02:19,400 --> 00:02:22,360 Speaker 2: all of the bullshit will start to stink a little 39 00:02:22,400 --> 00:02:24,960 Speaker 2: bit more, a little bit more, a little bit more. 40 00:02:25,280 --> 00:02:29,720 Speaker 2: And the reality is the images of the bezo sweating. 41 00:02:30,240 --> 00:02:36,240 Speaker 1: That is the image of Maga. That's what this all is. 42 00:02:36,880 --> 00:02:42,080 Speaker 2: And Democrats simply need to put a question on the 43 00:02:42,120 --> 00:02:46,480 Speaker 2: table on their journey to redemption, which is, shouldn't there 44 00:02:46,560 --> 00:02:49,560 Speaker 2: be a check on Donald Trump? And the answer to 45 00:02:49,600 --> 00:02:54,400 Speaker 2: that question, and every day between today and the election, 46 00:02:54,760 --> 00:03:01,000 Speaker 2: it will intensify with the answer being yes, yes, please, yes, 47 00:03:01,120 --> 00:03:03,880 Speaker 2: there must be a check. The next question has to 48 00:03:03,960 --> 00:03:10,520 Speaker 2: do with the settlement by Sherry Redstone, who directed CBS 49 00:03:10,560 --> 00:03:15,720 Speaker 2: to settle Donald Trump's demands in his lawsuit against them 50 00:03:15,760 --> 00:03:20,480 Speaker 2: over the sixty minutes interview with Kamala Harris. And the suit, 51 00:03:20,560 --> 00:03:27,359 Speaker 2: of course, is meritless, and Elizabeth Warren is entirely correct 52 00:03:27,400 --> 00:03:30,200 Speaker 2: to call it what it is is a bribe. It's 53 00:03:30,240 --> 00:03:34,680 Speaker 2: a corrupt act, and Sharry Redstone, who paid the bribe, 54 00:03:34,720 --> 00:03:38,520 Speaker 2: should be investigated for bribery. This is a corrupt transaction 55 00:03:38,720 --> 00:03:43,600 Speaker 2: between billionaire now Shary Redstone, David Allison, the billionaire son 56 00:03:43,840 --> 00:03:47,920 Speaker 2: the owner of Skygance, the production company that makes the 57 00:03:48,000 --> 00:03:52,480 Speaker 2: Tom Cruise movies. He is the kid of Larry Ellison, 58 00:03:52,800 --> 00:03:55,800 Speaker 2: one of the world's richest men, a man who's given 59 00:03:56,320 --> 00:03:59,600 Speaker 2: tens of millions of dollars to the Maggot cause. David 60 00:03:59,640 --> 00:04:04,560 Speaker 2: Ellison will now run CBS News and he is a 61 00:04:04,720 --> 00:04:08,960 Speaker 2: Trump oligarch in firm standing. Now some will say David 62 00:04:08,960 --> 00:04:12,960 Speaker 2: Allison has given money to Democrats, or that David Allison 63 00:04:13,040 --> 00:04:13,880 Speaker 2: is a Democrat. 64 00:04:14,040 --> 00:04:14,600 Speaker 1: Nonsense. 65 00:04:14,720 --> 00:04:18,960 Speaker 2: David Allison is the man who broke CBS News by 66 00:04:20,160 --> 00:04:23,360 Speaker 2: making clear this had to be settled before the deal 67 00:04:23,440 --> 00:04:24,520 Speaker 2: could go through, so we. 68 00:04:24,520 --> 00:04:25,600 Speaker 1: Set the conditions. 69 00:04:26,200 --> 00:04:29,720 Speaker 2: Cherry Redstone has no character, and what she has done 70 00:04:29,720 --> 00:04:33,400 Speaker 2: to Edward R. Moro's network is fundamentally to poison it, 71 00:04:33,440 --> 00:04:38,720 Speaker 2: to shatter its credibility. So the institution has been set ablaze. 72 00:04:38,800 --> 00:04:41,159 Speaker 2: While there's still some good journalists there. It's just the 73 00:04:41,240 --> 00:04:45,400 Speaker 2: devastating day. And one more reason why you've seen such 74 00:04:45,520 --> 00:04:49,719 Speaker 2: a rise in independent media, where there are places that 75 00:04:49,760 --> 00:04:52,720 Speaker 2: are unafraid to tell you the truth, that have a 76 00:04:52,839 --> 00:04:57,120 Speaker 2: higher value as an institution than just making money. And 77 00:04:57,160 --> 00:04:59,240 Speaker 2: the warning is one of these places will tell you 78 00:04:59,320 --> 00:05:02,360 Speaker 2: the truth. Never settle anything like that. And it's a 79 00:05:02,400 --> 00:05:05,040 Speaker 2: shame that it was settled to CBS. And the next 80 00:05:05,080 --> 00:05:08,440 Speaker 2: question is what are the implications for journalism writ large 81 00:05:08,520 --> 00:05:09,799 Speaker 2: with this settlement. 82 00:05:10,200 --> 00:05:10,960 Speaker 1: They're not good. 83 00:05:11,040 --> 00:05:14,480 Speaker 2: What you'll see is more punch pulling in the corporate newsrooms. 84 00:05:14,680 --> 00:05:18,760 Speaker 2: In the corporate television newsrooms, you see a real crisis 85 00:05:18,800 --> 00:05:21,440 Speaker 2: of integrity, and a great many of them. Of course, 86 00:05:21,560 --> 00:05:25,120 Speaker 2: there are stallwarts. There are people that will hold the line, 87 00:05:25,200 --> 00:05:27,360 Speaker 2: that do hold the line. 88 00:05:27,040 --> 00:05:29,440 Speaker 1: People like my friend Nicole Wallace. 89 00:05:29,040 --> 00:05:32,560 Speaker 2: Being one of them, doesn't pull punches, tells you the 90 00:05:32,640 --> 00:05:36,960 Speaker 2: truth and does so courageously. But the truth is across 91 00:05:37,000 --> 00:05:40,920 Speaker 2: the broad spectrum of all of this, reporters are afraid, 92 00:05:41,040 --> 00:05:44,880 Speaker 2: people are intimidated. There is a chill in the air, 93 00:05:45,480 --> 00:05:48,320 Speaker 2: there is a fear in the air that you don't 94 00:05:48,320 --> 00:05:51,800 Speaker 2: say anything about Mega, you don't say anything about Trump, 95 00:05:52,000 --> 00:05:55,279 Speaker 2: maybe you'll get the dime drop to Ice, who will 96 00:05:55,279 --> 00:05:59,040 Speaker 2: come knocking on the door, even though you're an American citizen. 97 00:05:59,400 --> 00:06:02,719 Speaker 2: What we know know in this moment is that people 98 00:06:02,760 --> 00:06:06,440 Speaker 2: are scared, and we know the remedy to fear is 99 00:06:06,560 --> 00:06:12,080 Speaker 2: fearless ness. So political leadership requires to communicate to the 100 00:06:12,120 --> 00:06:15,200 Speaker 2: American people to not be afraid, and that includes to 101 00:06:15,320 --> 00:06:21,800 Speaker 2: the journalists because everything collapses without truth tellers. Now, truthtelling 102 00:06:21,839 --> 00:06:26,520 Speaker 2: in America is not collapsing. Corporate journalism is collapsing, and 103 00:06:26,520 --> 00:06:29,800 Speaker 2: there's a rise of a new form of journalism, independent 104 00:06:29,880 --> 00:06:34,320 Speaker 2: journalism that's fearless, and it is not so very different 105 00:06:34,839 --> 00:06:38,240 Speaker 2: than the type of journalism that rose during the Gilded Age. 106 00:06:38,720 --> 00:06:42,800 Speaker 2: The muckrackers were the ones who exposed child labor, who 107 00:06:42,839 --> 00:06:47,600 Speaker 2: exposed the abuses of the labor force, who exposed the 108 00:06:47,760 --> 00:06:53,000 Speaker 2: unsafe working conditions, who exposed the greed of the people 109 00:06:53,480 --> 00:06:57,640 Speaker 2: who are the precedent of the people who swirl. 110 00:06:57,320 --> 00:06:58,560 Speaker 1: Around Jeff Bezos. 111 00:06:58,960 --> 00:07:04,560 Speaker 2: So that is what's going to happen in America. Thank 112 00:07:04,640 --> 00:07:09,279 Speaker 2: God for the First Amendment, because even though corporate journalism 113 00:07:09,320 --> 00:07:11,640 Speaker 2: at some level is like a glass that has been 114 00:07:11,680 --> 00:07:16,239 Speaker 2: smashed against a brick wall, each shod that falls into 115 00:07:16,280 --> 00:07:20,480 Speaker 2: an American soil of the First Amendment has the potential 116 00:07:20,560 --> 00:07:25,360 Speaker 2: to regenerate and grow into a news organization that has 117 00:07:25,440 --> 00:07:30,200 Speaker 2: the ability to hold this administration, this regime, and all 118 00:07:30,240 --> 00:07:30,680 Speaker 2: of its. 119 00:07:30,560 --> 00:07:31,800 Speaker 1: Corruption to account. 120 00:07:32,280 --> 00:07:35,160 Speaker 2: The next question is what is my reaction to Elon 121 00:07:35,280 --> 00:07:40,200 Speaker 2: Musk declaring that he will form the American Party. Well, 122 00:07:40,520 --> 00:07:44,520 Speaker 2: it's not good because Elon Musk is a Nazi. Elon 123 00:07:44,640 --> 00:07:48,880 Speaker 2: Musk endorsed the German AfD, which is run and filled 124 00:07:49,160 --> 00:07:53,920 Speaker 2: with Neo Nazis. In fact, no small number of AfD 125 00:07:54,120 --> 00:07:58,200 Speaker 2: numbers scar their faces. They cut themselves with knives to 126 00:07:58,240 --> 00:08:00,920 Speaker 2: show their loyalty to the party. This is the party 127 00:08:00,960 --> 00:08:06,520 Speaker 2: that Elon Musk says is indispensable for Germany's future, and 128 00:08:06,600 --> 00:08:12,280 Speaker 2: so that's what this party would be. Elon Musk is 129 00:08:12,360 --> 00:08:17,640 Speaker 2: the greatest welfare queen in American history. Taxpayers, including me, 130 00:08:18,120 --> 00:08:23,000 Speaker 2: including you, have given him thirty eight billion dollars in subsidies. 131 00:08:23,040 --> 00:08:27,640 Speaker 2: He's a drug added billionaire who went into politics for 132 00:08:27,760 --> 00:08:33,360 Speaker 2: the power of it and because he's unhinged, because he's unbalanced. 133 00:08:33,800 --> 00:08:36,680 Speaker 1: It all fell apart. 134 00:08:35,800 --> 00:08:38,560 Speaker 2: In a few months, and now he's at war with 135 00:08:38,679 --> 00:08:43,160 Speaker 2: Donald Trump, who he elected with three hundred million dollars, 136 00:08:43,600 --> 00:08:48,440 Speaker 2: and the corrupt corporate media says, oh, Elon's good now, 137 00:08:48,559 --> 00:08:52,880 Speaker 2: because well, he's against Trump, when in fact Elon and 138 00:08:52,960 --> 00:08:58,280 Speaker 2: Trump are forever together. Because the vandalism, the damage of 139 00:08:58,360 --> 00:09:05,040 Speaker 2: Elon Musk, the security breaches involving Elon Musk, the fact 140 00:09:05,080 --> 00:09:09,520 Speaker 2: that the data that Elon Musk accumulated on all of 141 00:09:09,600 --> 00:09:14,440 Speaker 2: us is nowhere and everywhere, but nobody seems to know 142 00:09:14,559 --> 00:09:18,840 Speaker 2: anything about it, is still happening right now in this 143 00:09:19,040 --> 00:09:24,319 Speaker 2: present second. And so Elon Musk is not a political leader. 144 00:09:24,720 --> 00:09:28,640 Speaker 2: He's an American pancreatic cancer. There will be no Elon 145 00:09:28,760 --> 00:09:32,240 Speaker 2: Musk third party, and if there is, it will simply 146 00:09:32,280 --> 00:09:36,640 Speaker 2: be an extension of the fringe Nazi parties that already exist. 147 00:09:37,240 --> 00:09:39,439 Speaker 1: Elon Musk is a person. 148 00:09:39,360 --> 00:09:45,040 Speaker 2: Whose companies should be boycotted, whose defense contracts should be obliterated, 149 00:09:45,280 --> 00:09:49,359 Speaker 2: whose partnership with NASA should be ended, and whose rockets 150 00:09:49,840 --> 00:09:54,920 Speaker 2: should never carry from American soil, an American product or 151 00:09:55,000 --> 00:09:57,679 Speaker 2: satellite on them to space ever again. 152 00:09:58,000 --> 00:10:00,680 Speaker 1: Elon Musk was an grant. 153 00:10:00,520 --> 00:10:04,439 Speaker 2: To this country who took an oath to the Constitution 154 00:10:05,040 --> 00:10:07,560 Speaker 2: and has set about trying to burn it to ashes. 155 00:10:07,960 --> 00:10:11,880 Speaker 2: The contempt that we all feel for Elon Musk is 156 00:10:11,920 --> 00:10:15,280 Speaker 2: the exact same contempt we all feel for Donald Trump. 157 00:10:15,559 --> 00:10:17,320 Speaker 1: Because Musk and Trump are won. 158 00:10:17,720 --> 00:10:23,800 Speaker 2: They are they and them together forever joined two polls 159 00:10:24,200 --> 00:10:28,200 Speaker 2: on the fascist line that have brought misery and this 160 00:10:28,600 --> 00:10:33,480 Speaker 2: unprecedented assault on our liberties to the United States, on 161 00:10:33,720 --> 00:10:37,880 Speaker 2: all of us together, and that is their enduring legacy. 162 00:10:38,360 --> 00:10:40,840 Speaker 1: I'm Steve Schmidt. This is the warning. 163 00:10:41,000 --> 00:10:43,880 Speaker 2: I invite you to join this community, where I promise 164 00:10:44,120 --> 00:10:48,000 Speaker 2: to be honest, blunt and direct about what is happening 165 00:10:48,040 --> 00:10:52,559 Speaker 2: in this country. America is in crisis. Follow and subscribe 166 00:10:52,600 --> 00:10:54,520 Speaker 2: to this channel and on substack. 167 00:10:54,720 --> 00:10:57,200 Speaker 1: Thank you.