Speaker 1: It is Thursday, May twenty ninth.
Speaker 2: This is the warning Taco Trump always chickens out. That's
Speaker 2: the new faith that Wall Street traders bet billions and
Speaker 2: billions of dollars on. They look for patterns that are
Speaker 2: predictable for the edge, to know what's going to happen next,
Speaker 2: so in a split second they can place the bet
Speaker 2: and take the profit. And the one enduring absolute when
Speaker 2: it comes to Donald Trump and his regime is their
Speaker 2: talent in that great American colloquial expression for chickening.
Speaker 1: Out buck buck buck goes.
Speaker 2: The chicken now a tasty bird, for sure, but a
Speaker 2: dirty bird and a contemptible one compared to the mighty
Speaker 2: eagle that Donald Trump is trying to clip the wings
Speaker 2: of with his orf corruption and incompetence, and his imposition
Speaker 2: of surrender and weakness on the American government, and crises
Speaker 2: after crises of his own making, born from his stupidity,
Speaker 2: from his idiocy, from his ignorance. And so it came
Speaker 2: to be that in the White House we saw the
Speaker 2: best of what journalism is supposed to be when a
Speaker 2: young reporter fearlessly from CNBC asked Donald Trump to respond
Speaker 2: to his legend to his reputation on Wall Street, amongst
Speaker 2: the traders, amongst the tough guys from the movies like
Speaker 2: Wall Street, where Trump looked at himself in the mirror
Speaker 2: so long ago and saw a version of Gordon Gecko.
Speaker 2: Those guys know the truth about Donald Trump, and they
Speaker 2: bet billions on it.
Speaker 1: Trump always checked out.
Speaker 2: Now Trump doesn't understand the question at first.
Speaker 1: Let's watch, mister president. Wallster analysts have coined a new
Speaker 1: term called the taco trade. They're saying, Trump always chickens
Speaker 1: out on the.
Speaker 3: Tariff threats, and that's why markets are hired this week.
Speaker 1: What's your response to that?
Speaker 3: I kick out, kick it out. Oh, then I check
Speaker 3: it out. I've never heard that. You mean, because I
Speaker 3: reduced China from one hundred and forty five percent that
Speaker 3: I set down to one hundred and then down to
Speaker 3: another number, and I said, you have to open up
Speaker 3: your whole country, And because I gave the European Union
Speaker 3: a fifty percent tax uh tariff. And they called up
Speaker 3: and they said, please, let's meet right now, Please, let's
Speaker 3: meet right now. And I said, okay, I'll give you
Speaker 3: till Jan nine. I actually asked them, I said, what's
Speaker 3: the date, because they weren't willing to meet, and after
Speaker 3: I did what I did, they said, we'll meet any
Speaker 3: time you want, and we have an end date of
Speaker 3: July ninth. You called that chickening out. Don't ever say
Speaker 3: what you said. That's a nasty question.
Speaker 2: Nasty question, but it's true. The Trump shuffle, there is
Speaker 2: always the boast, the declaration I alone can fix it.
Speaker 2: Remember that one he would end the Russian and Ukraine
Speaker 2: War caused by Russian aggression.
Speaker 1: And what was it twenty four hours.
Speaker 3: This isn't my war. This is Biden's war, Zelenski's war
Speaker 3: and Putin's war. This isn't Trump's war.
Speaker 2: His weakness and his breaking of the Atlantic Alliance has
Speaker 2: incited Vladimir Putin's aggression. Vladimir Putin is doubling down. Donald
Speaker 2: Trump has made Putin strong again by making the opposition
Speaker 2: Putin faces weaker. By dividing the Atlantic Alliance, Donald Trump
Speaker 2: has set a signaled of Vladimir Putin that if Putin pushes,
Speaker 2: he's pushing into a marshmallow, that Trump will chicken out
Speaker 2: and turn around. Let's look again and to what Trump
Speaker 2: told the reporters in the Oval office about the Chinese tariffs.
Speaker 3: It's called negotiation. You set a number, and if you
Speaker 3: go down, you know, if ICE set a number at
Speaker 3: a ridiculous high number and I go down a little bit,
Speaker 3: you know, a little bit. They want me to hold
Speaker 3: that number, one hundred and forty five percent tariff even.
Speaker 3: I said, man, that really got up. You know how
Speaker 3: it got because of fent and all and many other things,
Speaker 3: and you edit it up. I said, where are we now?
Speaker 3: We're at one hundred and forty five percent? I said, whoa,
Speaker 3: that's hi. That's why they were doing no business whatsoever.
Speaker 3: And they were having a lot of problems. We were
Speaker 3: very nice to China.
Speaker 2: It was started by his unilateral declaration and then his
Speaker 2: unilateral retreat. He started the war for the purposes of retreating.
Speaker 2: It was an act of aggression before a premeditated surrender
Speaker 2: that was always in the cards. Trump talks about holding
Speaker 2: all the cards. Everybody knows what's in his cards. He
Speaker 2: makes ludicrous statements that he can't deliver on.
Speaker 3: That is a war that's dying to be settled. I
Speaker 3: will get it settled before I even become president.
Speaker 1: Rushing great day, reising on. Where did they see right now? Well,
Speaker 1: there's only half a day.
Speaker 3: I have another half a day left.
Speaker 2: Trump's only feared in the Republican conference, and amongst the
Speaker 2: appeasing schumercrats, he's laughed at everywhere else in the world.
Speaker 1: Then Trump backs.
Speaker 2: Down over again and over again, and over and over
Speaker 2: and over again.
Speaker 1: And do you still believe that Putin actually wants to
Speaker 1: end the war?
Speaker 3: I can't tell you that, but I'll let you know
Speaker 3: in about two weeks. Within two weeks, we're going to
Speaker 3: find out very soon, we're going to find out whether
Speaker 3: or not he's tapping us along or not. And if
Speaker 3: he is, we'll respond a little bit differently.
Speaker 2: And then he says that he's strong and the golden
Speaker 2: ages here in America is great, when in fact, the
Speaker 2: bill for his wrecked economy hasn't even started yet to
Speaker 2: come due, but it will. Prices are rising, inflation is rising,
Speaker 2: jobs are going to be cut, the real estate market
Speaker 2: is collapsing. Trump has injected uncertainty while turning in the
Speaker 2: country fear up with mass goons that have been sent
Speaker 2: across the country by orders of his henchmen. Donald Trump
Speaker 2: is an agent of chaos and fear. That's certainly true.
Speaker 2: But he's weak and he's corrupt. He's a world class demagogue.
Speaker 2: That doesn't change the fact that he's ignorant. He is
Speaker 2: talented at a connection when it comes to selling grievance,
Speaker 2: but incompetent at achieving results, and it's always been that way.
Speaker 2: His takeaway from his first term was that being nice
Speaker 2: to Trump means telling Trump that he's a genius at
Speaker 2: all moments, every time anything is ever put in front
Speaker 2: of him. Trump knows best, and he has assembled a
Speaker 2: team of yes men and extremists and incompetence with disorders
Speaker 2: and derangements. From Christy Noan and Steven Miller to Howard Lutneck.
Speaker 2: All of these people are a wrecking ball riding it
Speaker 2: into our institutions. But Donald Trump is weak and vacillating.
Speaker 2: He wobbles, he cannot hold firm, and he will always
Speaker 2: blink first, always back down. It is the most predictable
Speaker 2: bet and pattern in the world. The American people delivered
Speaker 2: this office to Donald Trump with forty nine point five
Speaker 2: percent of the vote, about thirty two percent of the
Speaker 2: eligible population, and difference will have a catastrophic price. But
Speaker 2: nobody should be afraid of a man so laughed at
Speaker 2: around the world. He's not feared outside of America. He's
Speaker 2: a figure of mockery, in disdain anxiety, for sure. But
Speaker 2: we could lower the anxiety of the world by facing
Speaker 2: the problem that we allowed to fester and create here
Speaker 2: at home, and deal with this in the election in
Speaker 2: twenty twenty six and wipe from power the capitulent, compliant,
Speaker 2: rubber stamp Congress that has allowed this disgrace to go
Speaker 2: on and on and on, and to allow the catastrophe
Speaker 2: that is unfurling to unferral. Better days are head. Stronger
Speaker 2: men are ahead, Stronger women are ahead. Donald Trump Taco
Speaker 2: Trump always chickens out, just like his power Elon Musk,
Speaker 2: currently crying and in hiding because the American people have
Speaker 2: disavowed him and hold him into contempt. He deserves just
Speaker 2: like they will Trump and all of his henchmen as
Speaker 2: history on ferrals as a surely will all of these people,
Speaker 2: every single one of them, will be scorned by history.
Speaker 2: As we all play our role in a decisive hour
Speaker 2: where the American cause is being tested by people who
Speaker 2: despise it, who revile it, and are trying to smash it.
Speaker 2: Let's not let them into two hundred and fiftieth anniversary
Speaker 2: of the year where the Declaration of Independence was signed.
Speaker 2: Let's renew our faith in the country two hundred and
Speaker 2: fifty years later with an act of defiance and dissent
Speaker 2: and repudiation. Let me leave you with this from Martha's Vineyard,
Speaker 2: an American citizen standing up to American Gestapo. Good for him.
Speaker 2: Do not be afraid. This is the warning. I'm Steve Schmidt.
Speaker 2: This is the warning. I invite you to join this
Speaker 2: community where I promise to be honest, blunt and direct
Speaker 2: about what is happening in this country. America is in crisis.
Speaker 2: Follow and subscribe to this channel and on substack.
Speaker 1: Thank you.