Speaker 1: Welcome to another edition of the schmid Storm.
Speaker 2: You've got questions, and I'll do my best to give
Speaker 2: you some answers. And the first question is that whatever
Speaker 2: it is that passes the Big Beautiful Bill, as Trump
Speaker 2: calls it, will pass.
Speaker 1: In some form after it does.
Speaker 2: How should Democrats campaign against it?
Speaker 1: This is a great question.
Speaker 2: And unfortunately, the Big Beautiful Bill an obscenity without precedent.
Speaker 2: And I say this with no hyperbole, no exaggeration can
Speaker 2: back this up. Is the singularly most corrupt piece of
Speaker 2: legislation in American history, and it will pass now. The
Speaker 2: fact that the odious Mike Lee had a backup and
Speaker 2: backtrack and retreat on his plan to sell off one
Speaker 2: hundred and thirty two million acres of public land just
Speaker 2: because a good thing happened because a bad thing was stopped,
Speaker 2: does not reduce in total the evil of this bill,
Speaker 2: which betrays no group of Americans more broadly as a
Speaker 2: political constituency than the Trump voter, who will.
Speaker 1: Pay a heavy, heavy, heavy price if.
Speaker 2: You live in a rural area for trusting and entering
Speaker 2: into a business deal of sorts with Donald Trump.
Speaker 1: He said, vote for me. I'll make America great. Again.
Speaker 2: And the reality is is he took your Medicaid away,
Speaker 2: he took your access to a doctor away, and he
Speaker 2: closed down your rural hospital, and he slashed your VA benefits,
Speaker 2: and he cut off the parks, and he shut down
Speaker 2: the national parks, and he fired the park rangers, and
Speaker 2: he abused the land.
Speaker 1: That's what he did.
Speaker 2: And so Democrats will just have to communicate clearly because
Speaker 2: the things that will happen.
Speaker 1: The checks that won't come.
Speaker 2: For example, the Social Security Administration because of Musk's vandalism,
Speaker 2: is in a stage of near collapse. As all of
Speaker 2: these things accumulate, as people feel it. The anchors on
Speaker 2: Fox News who are making fifty sixty million dollars a year, well,
Speaker 2: all of the bullshit will start to stink a little
Speaker 2: bit more, a little bit more, a little bit more.
Speaker 2: And the reality is the images of the bezo sweating.
Speaker 1: That is the image of Maga. That's what this all is.
Speaker 2: And Democrats simply need to put a question on the
Speaker 2: table on their journey to redemption, which is, shouldn't there
Speaker 2: be a check on Donald Trump? And the answer to
Speaker 2: that question, and every day between today and the election,
Speaker 2: it will intensify with the answer being yes, yes, please, yes,
Speaker 2: there must be a check. The next question has to
Speaker 2: do with the settlement by Sherry Redstone, who directed CBS
Speaker 2: to settle Donald Trump's demands in his lawsuit against them
Speaker 2: over the sixty minutes interview with Kamala Harris. And the suit,
Speaker 2: of course, is meritless, and Elizabeth Warren is entirely correct
Speaker 2: to call it what it is is a bribe. It's
Speaker 2: a corrupt act, and Sharry Redstone, who paid the bribe,
Speaker 2: should be investigated for bribery. This is a corrupt transaction
Speaker 2: between billionaire now Shary Redstone, David Allison, the billionaire son
Speaker 2: the owner of Skygance, the production company that makes the
Speaker 2: Tom Cruise movies. He is the kid of Larry Ellison,
Speaker 2: one of the world's richest men, a man who's given
Speaker 2: tens of millions of dollars to the Maggot cause. David
Speaker 2: Ellison will now run CBS News and he is a
Speaker 2: Trump oligarch in firm standing. Now some will say David
Speaker 2: Allison has given money to Democrats, or that David Allison
Speaker 2: is a Democrat.
Speaker 1: Nonsense.
Speaker 2: David Allison is the man who broke CBS News by
Speaker 2: making clear this had to be settled before the deal
Speaker 2: could go through, so we.
Speaker 1: Set the conditions.
Speaker 2: Cherry Redstone has no character, and what she has done
Speaker 2: to Edward R. Moro's network is fundamentally to poison it,
Speaker 2: to shatter its credibility. So the institution has been set ablaze.
Speaker 2: While there's still some good journalists there. It's just the
Speaker 2: devastating day. And one more reason why you've seen such
Speaker 2: a rise in independent media, where there are places that
Speaker 2: are unafraid to tell you the truth, that have a
Speaker 2: higher value as an institution than just making money. And
Speaker 2: the warning is one of these places will tell you
Speaker 2: the truth. Never settle anything like that. And it's a
Speaker 2: shame that it was settled to CBS. And the next
Speaker 2: question is what are the implications for journalism writ large
Speaker 2: with this settlement.
Speaker 1: They're not good.
Speaker 2: What you'll see is more punch pulling in the corporate newsrooms.
Speaker 2: In the corporate television newsrooms, you see a real crisis
Speaker 2: of integrity, and a great many of them. Of course,
Speaker 2: there are stallwarts. There are people that will hold the line,
Speaker 2: that do hold the line.
Speaker 1: People like my friend Nicole Wallace.
Speaker 2: Being one of them, doesn't pull punches, tells you the
Speaker 2: truth and does so courageously. But the truth is across
Speaker 2: the broad spectrum of all of this, reporters are afraid,
Speaker 2: people are intimidated. There is a chill in the air,
Speaker 2: there is a fear in the air that you don't
Speaker 2: say anything about Mega, you don't say anything about Trump,
Speaker 2: maybe you'll get the dime drop to Ice, who will
Speaker 2: come knocking on the door, even though you're an American citizen.
Speaker 2: What we know know in this moment is that people
Speaker 2: are scared, and we know the remedy to fear is
Speaker 2: fearless ness. So political leadership requires to communicate to the
Speaker 2: American people to not be afraid, and that includes to
Speaker 2: the journalists because everything collapses without truth tellers. Now, truthtelling
Speaker 2: in America is not collapsing. Corporate journalism is collapsing, and
Speaker 2: there's a rise of a new form of journalism, independent
Speaker 2: journalism that's fearless, and it is not so very different
Speaker 2: than the type of journalism that rose during the Gilded Age.
Speaker 2: The muckrackers were the ones who exposed child labor, who
Speaker 2: exposed the abuses of the labor force, who exposed the
Speaker 2: unsafe working conditions, who exposed the greed of the people
Speaker 2: who are the precedent of the people who swirl.
Speaker 1: Around Jeff Bezos.
Speaker 2: So that is what's going to happen in America. Thank
Speaker 2: God for the First Amendment, because even though corporate journalism
Speaker 2: at some level is like a glass that has been
Speaker 2: smashed against a brick wall, each shod that falls into
Speaker 2: an American soil of the First Amendment has the potential
Speaker 2: to regenerate and grow into a news organization that has
Speaker 2: the ability to hold this administration, this regime, and all
Speaker 2: of its.
Speaker 1: Corruption to account.
Speaker 2: The next question is what is my reaction to Elon
Speaker 2: Musk declaring that he will form the American Party. Well,
Speaker 2: it's not good because Elon Musk is a Nazi. Elon
Speaker 2: Musk endorsed the German AfD, which is run and filled
Speaker 2: with Neo Nazis. In fact, no small number of AfD
Speaker 2: numbers scar their faces. They cut themselves with knives to
Speaker 2: show their loyalty to the party. This is the party
Speaker 2: that Elon Musk says is indispensable for Germany's future, and
Speaker 2: so that's what this party would be. Elon Musk is
Speaker 2: the greatest welfare queen in American history. Taxpayers, including me,
Speaker 2: including you, have given him thirty eight billion dollars in subsidies.
Speaker 2: He's a drug added billionaire who went into politics for
Speaker 2: the power of it and because he's unhinged, because he's unbalanced.
Speaker 1: It all fell apart.
Speaker 2: In a few months, and now he's at war with
Speaker 2: Donald Trump, who he elected with three hundred million dollars,
Speaker 2: and the corrupt corporate media says, oh, Elon's good now,
Speaker 2: because well, he's against Trump, when in fact Elon and
Speaker 2: Trump are forever together. Because the vandalism, the damage of
Speaker 2: Elon Musk, the security breaches involving Elon Musk, the fact
Speaker 2: that the data that Elon Musk accumulated on all of
Speaker 2: us is nowhere and everywhere, but nobody seems to know
Speaker 2: anything about it, is still happening right now in this
Speaker 2: present second. And so Elon Musk is not a political leader.
Speaker 2: He's an American pancreatic cancer. There will be no Elon
Speaker 2: Musk third party, and if there is, it will simply
Speaker 2: be an extension of the fringe Nazi parties that already exist.
Speaker 1: Elon Musk is a person.
Speaker 2: Whose companies should be boycotted, whose defense contracts should be obliterated,
Speaker 2: whose partnership with NASA should be ended, and whose rockets
Speaker 2: should never carry from American soil, an American product or
Speaker 2: satellite on them to space ever again.
Speaker 1: Elon Musk was an grant.
Speaker 2: To this country who took an oath to the Constitution
Speaker 2: and has set about trying to burn it to ashes.
Speaker 2: The contempt that we all feel for Elon Musk is
Speaker 2: the exact same contempt we all feel for Donald Trump.
Speaker 1: Because Musk and Trump are won.
Speaker 2: They are they and them together forever joined two polls
Speaker 2: on the fascist line that have brought misery and this
Speaker 2: unprecedented assault on our liberties to the United States, on
Speaker 2: all of us together, and that is their enduring legacy.
Speaker 1: I'm Steve Schmidt. This is the warning.
Speaker 2: I invite you to join this community, where I promise
Speaker 2: to be honest, blunt and direct about what is happening
Speaker 2: in this country. America is in crisis. Follow and subscribe
Speaker 2: to this channel and on substack.
Speaker 1: Thank you.